香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任 何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Hong Kong Entertainment International Holdings Limited 港 娛 國 際 控 股 有 限 公 司 購股權計劃 除二零二四年年報所載財務報表附註28項下之披露外，本公司謹此根據GEM上市 規則第23.07(2)條提供以下有關購股權計劃之額外資料： 於二零二四年一月一日及二零二四年十二月三十一日，根據購股權計劃可供授出 的購股權數目分別為8,000,000份及8,000,000份。於購股權計劃下，並無設立服務供 應商分項限額。 於二零二四年年報日期，根據購股權計劃可供發行的股份數目為18,775,352股，相 當於本公司已發行股份（不包括庫存股）的11.73%。 （股份代號：8291） （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） 有關 截至二零二四年十二月三十一日止年度的年報 之補充公佈 茲提述港娛國際控股有限公司（「本公司」）於二零二 ...

7月24日，截至港股收盘，恒生指数上涨0.51%，报25667.18点。港娱国际（08291.HK）收报0.094港元/ 股，上涨22.08%，成交量36万股，成交额3.5万港元，振幅45.45%。 最近一个月来，港娱国际累计跌幅13.48%，今年来累计跌幅51.88%，跑输恒生指数27.31%的涨幅。 资料显示，港娱国际控股有限公司是一家位于中国广东省的马口铁包装产品的制造商。港娱国际控股有 限公司的主要产品是锡罐和钢桶,通常用于存储油漆和涂料。港娱国际控股有限公司分别于1997年和 1998年开始商业化生产锡罐和钢桶。于往绩记录期,港娱国际控股有限公司的收入主要来自在中国销售 马口铁包装产品。港娱国际控股有限公司还交易了马口铁包装产品的原材料和零件。于往绩记录期,港 娱国际控股有限公司的客户群主要包括油漆和涂料供应商以及其他包装产品制造商。港娱国际控股有限 公司的五个最大客户均位于广东省。港娱国际控股有限公司在中国广东省佛山市拥有并经营一家工厂, 占地面积约35,936.2平方米。港娱国际控股有限公司的佛山工厂拥有18条生产线,其中1至6条生产线和2 条用于锡生产罐和钢桶。于最后实际可行日期,港娱国际控股 ...

Financial Performance - The group's revenue increased from approximately RMB 485 million for the year ended December 31, 2023, to approximately RMB 545 million for the year ended December 31, 2024, representing a growth of about RMB 60 million or approximately 12.4%[13] - The loss for the year ended December 31, 2024, was approximately RMB 70 million, a significant reduction from the loss of approximately RMB 270 million for the year ended December 31, 2023, primarily due to cost control strategies[13] - Revenue increased from approximately RMB 48.5 million for the year ended December 31, 2023, to approximately RMB 54.5 million for the year ended December 31, 2024, representing a growth of about 12.4%[20] - Cost of sales rose from approximately RMB 47.1 million to approximately RMB 52.7 million, an increase of about 11.9%[21] - Gross profit increased from approximately RMB 1.5 million to approximately RMB 1.8 million, with the gross profit margin rising from about 3.0% to 3.3%[22] - Other losses increased from a loss of approximately RMB 0.7 million to a loss of approximately RMB 3.7 million, representing a rise of about 428.6%[23] - Administrative and other expenses decreased from approximately RMB 13.9 million to approximately RMB 6.9 million, a reduction of about 50.4%[25] - Financing costs decreased from approximately RMB 3.1 million to approximately RMB 1.6 million, a decline of about 48.4%[26] - Loss for the year reduced from approximately RMB 27.0 million to approximately RMB 7.0 million[27] Cash Flow and Financial Position - Total cash and cash equivalents decreased from approximately RMB 20.3 million to approximately RMB 4.1 million[29] - The debt-to-asset ratio increased from 24.6% to 60.0%[29] - The company's issued share capital as of December 31, 2024, is HKD 32 million (approximately RMB 27.909 million), with 160 million ordinary shares issued[40] - The company’s reserves available for distribution to shareholders as of December 31, 2024, were approximately zero million RMB[150] - As of December 31, 2024, the company's net current liabilities and total liabilities were approximately RMB 49,109,000 and RMB 93,598,000, respectively[187] Employee and Workforce Management - The company employed 75 employees as of December 31, 2024, down from 92 employees in the previous year[34] - The employee count at the end of 2024 was 75, down from 92 in 2023, with a turnover rate of 20%[111] - The total employee turnover rate for 2024 was 33%, slightly down from 34% in 2023[113] - The average training hours provided per employee during the reporting period was 2.6 hours, with 87% of employees receiving training[119] - In 2024, the percentage of trained employees increased to 87%, up from 71% in 2023[120] Corporate Governance - The board consists of three executive directors and three independent non-executive directors as of December 31, 2024[51] - The board held a total of 11 meetings during the year ending December 31, 2024[57] - All directors confirmed their commitment to contribute sufficient time and effort to the company's affairs[53] - The company does not have a corporate governance committee; the board as a whole is responsible for corporate governance duties[58] - The board regularly reviews compliance with corporate governance codes and policies[58] Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes the importance of a stable and efficient governance framework to address potential environmental, social, and governance risks[89] - The company has formed an environmental, social, and governance working group to support the board and oversee the implementation of related measures[91] - The company identifies seven key social aspects as crucial, including employment, health and safety, and supply chain management[92] - The company aims to reduce energy intensity by 10% from the 2022 baseline by 2027[94] - The company plans to lower water consumption intensity by 10% from the 2022 baseline by 2027[96] Risk Management - The company has established a risk management framework to mitigate operational risks[68] - The company has identified potential climate-related risks, including acute physical risks from extreme weather events and transitional market risks due to increased demand for environmentally friendly materials[109] - The company has implemented safety training and guidelines to enhance employee safety awareness and minimize the risk of workplace injuries[114] Customer and Supplier Relationships - The largest customer accounted for approximately 21.5% of total revenue for the year ended December 31, 2024, down from 33.6% in 2023[151] - Revenue from the top five customers represented about 47.7% of total revenue for the year ended December 31, 2024, compared to 72.2% in 2023[151] - The largest supplier accounted for approximately 8.2% of total procurement for the year ended December 31, 2024, down from 31.1% in 2023[151] - Procurement from the top five suppliers constituted about 35.0% of total procurement for the year ended December 31, 2024, compared to 80.0% in 2023[151] Compliance and Legal Matters - The company has not reported any significant violations of applicable environmental laws and regulations during the reporting period[102] - The company has maintained strict customer data protection measures, with no significant violations of applicable health and safety, advertising, labeling, and privacy laws reported[131] - The company has not discovered any incidents of corruption or fraud during the reporting period, and there were no violations of relevant laws regarding bribery, extortion, fraud, or money laundering[132] Audit and Financial Reporting - The audit committee reviewed the consolidated financial statements for the fiscal year ending December 31, 2024, confirming compliance with applicable accounting standards[183] - The company appointed a new auditor, Zhongzhi Xin (Hong Kong) CPA Limited, effective January 29, 2024, to fill the vacancy left by the previous auditor[184] - The auditors maintain professional skepticism and communicate significant audit findings to the audit committee[197] Strategic Initiatives - The group plans to expand its sales channels to seek new customers as part of its strategy to diversify its revenue streams and reduce reliance on any single customer group[14] - The management team believes the group is well-positioned to compete against competitors and face future challenges due to its experienced management and market reputation[15] - The company has committed to increasing charitable work to fulfill its corporate social responsibility and is actively seeking opportunities to participate in community programs[134]

Financial Performance - For the fiscal year ending December 31, 2024, the total revenue was RMB 54,472,000, an increase of 12.5% compared to RMB 48,545,000 in 2023[4]. - The gross profit for the same period was RMB 1,771,000, representing a gross margin of approximately 3.25%[4]. - The net loss for the year was RMB 6,954,000, significantly improved from a net loss of RMB 27,038,000 in the previous year, indicating a reduction of 74.3%[4][5]. - The total comprehensive loss for the year was RMB 6,263,000, down from RMB 25,872,000 in 2023, reflecting a 75.7% decrease[5]. - Revenue from customer contracts for tin-plated packaging products was RMB 54,472,000 in 2024, up 12% from RMB 48,545,000 in 2023[22]. - The group reported a net loss before tax of approximately RMB 6,914,000 for 2024, compared to a loss of RMB 27,038,000 in 2023, indicating an improvement of 74%[28]. - The company reported a basic and diluted loss per share of RMB 0.04, improved from RMB 0.17 in 2023[5]. - The group did not declare any dividends for the year ended December 31, 2024, consistent with 2023[27]. Assets and Liabilities - Current assets decreased to RMB 44,614,000 from RMB 90,823,000 in 2023, a decline of 50.9%[6]. - Current liabilities were RMB 93,723,000, slightly down from RMB 108,236,000 in the previous year[6]. - The company’s non-current assets decreased to RMB 2,084,000 from RMB 22,828,000 in 2023, a decline of 90.9%[6]. - The group’s total liabilities net of current liabilities stood at RMB (93,598,000), compared to RMB (87,335,000) in the previous year[6]. - As of December 31, 2024, the company's net current liabilities and total liabilities were approximately RMB 49,109,000 and RMB 93,598,000, respectively[71]. - The company's cash and cash equivalents totaled approximately RMB 41 million as of December 31, 2024, down from RMB 203 million as of December 31, 2023[48]. - The company's debt-to-asset ratio increased from 24.6% as of December 31, 2023, to 60.0% as of December 31, 2024[48]. Operational Developments - The company has commenced operations in product repackaging and sales during the fiscal year ending December 31, 2024[7]. - The group has implemented cost control measures to enhance operational efficiency and improve future profitability and cash flow[17]. - The group continues to seek additional financing resources, including issuing shares or obtaining other credit financing, to meet its due debts and obligations[17]. - The group’s employee costs (excluding directors' remuneration) decreased to RMB 2,417,000 in 2024 from RMB 2,927,000 in 2023, a decline of 17%[26]. - The group employed 115 employees as of December 31, 2024, an increase from 92 employees in 2023[52]. Revenue Sources - Revenue from external customers in mainland China (excluding Hong Kong) was RMB 40,305,000 in 2024, a decrease from RMB 44,843,000 in 2023, while revenue from Hong Kong increased to RMB 14,167,000 from RMB 3,702,000[19]. - Revenue from major customer A1 decreased to RMB 11,735,000 in 2024 from RMB 16,333,000 in 2023, representing a decline of 28%[20]. Financial Management - The total financing costs decreased to RMB 1,566,000 in 2024 from RMB 3,072,000 in 2023, a reduction of 49%[23]. - The group incurred a loss of RMB 3,804,000 from fair value changes of financial assets in 2024, compared to a gain of RMB 414,000 in 2023[23]. - The group’s total borrowings decreased to RMB 74,573,000 in 2024 from RMB 120,750,000 in 2023, a decrease of 38%[32]. - Financing costs decreased from approximately RMB 31 million for the year ended December 31, 2023, to approximately RMB 16 million for the year ended December 31, 2024, a reduction of about 48.4%[45]. Investment and Future Plans - The group plans to diversify its investment portfolio to reduce concentration and investment risks due to recent market volatility[53]. - The group has maintained a cautious investment approach to minimize potential financial risks[54]. - The board believes that the future performance of the group's investments will be volatile and significantly influenced by the overall economic environment and market conditions[54]. - The group has no significant investment or capital asset plans other than those disclosed in the annual report as of December 31, 2024[57]. Compliance and Governance - The audit committee reviewed the consolidated financial statements for the year ended December 31, 2024, confirming compliance with applicable accounting standards and GEM listing rules[69]. - The company has adopted the principles set out in Appendix 15 of the GEM Listing Rules and complied with all applicable code provisions[68]. - There are no known competitive interests from directors or controlling shareholders that may conflict with the company's business as of December 31, 2024[67]. - The independent auditor's report highlighted significant uncertainties regarding the company's ability to continue as a going concern[71]. Miscellaneous - The company has not purchased, sold, or redeemed any of its listed securities during the year ended December 31, 2024[66]. - The company has engaged Consultant A to monitor and improve production efficiency, leveraging their expertise in the technology sector[65].

Hong Kong Entertainment International Holdings Limited 港 娛 國 際 控 股 有 限 公 司 （股份代號：8291） （於開曼群島註冊成立的有限公司） （前稱「 Wan Cheng Metal Packaging Company Limited萬成金屬包裝有限公司」） 2024 中期報告 香港聯合交易所有限公司（「聯交所」）GEM 的特點 GEM 乃為較其他於聯交所上市的公司帶有更高投資風險的中小型公司提供一個上市市場。 有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM 上市公司普遍為中小型公司，於GEM 買賣的證券可能會較於主板買賣的證券承 受較大的市場波動風險，同時無法保證於GEM 買賣的證券將會存在高流通性市場。 香港交易及結算所有限公司及香港聯合交易所有限公司對本報告的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告包括的資料乃遵照聯交所《GEM 證券上市規則》（「GEM 上市規則」）的規定而提供 ...

Financial Performance - For the six months ended June 30, 2024, the group's revenue was approximately RMB 381 million, an increase of approximately 174.1% compared to RMB 139 million for the same period in 2023[9] - Revenue for the six months ended June 30, 2024, was RMB 38,080,000, compared to RMB 13,923,000 for the same period in 2023, representing a significant increase of 173%[10] - The company recorded a loss attributable to the owners of the company of approximately RMB 111 million for the six months ended June 30, 2024, compared to a loss of approximately RMB 52 million for the same period in 2023[9] - The net loss attributable to the owners of the company for the six months ended June 30, 2024, was RMB 11,133,000, compared to RMB 5,153,000 in 2023, reflecting an increase in losses of 116%[10] - The company recorded a loss of approximately RMB 11.1 million for the six months ended June 30, 2024, compared to a loss of approximately RMB 5.2 million for the same period in 2023[65] - Gross profit for the same period was RMB 796,000, down from RMB 1,072,000 in 2023, indicating a decrease of 26%[10] - Gross profit decreased from approximately RMB 1.1 million for the six months ended June 30, 2023, to approximately RMB 0.8 million for the six months ended June 30, 2024, with the gross margin dropping from approximately 7.7% to 2.1%[60] Cash Flow and Liquidity - As of June 30, 2024, the group's cash and bank balances totaled approximately RMB 106 million, down from RMB 263 million as of December 31, 2023[9] - Cash and cash equivalents decreased to RMB 7,999,000 as of June 30, 2024, from RMB 20,348,000 at the beginning of the period, a decline of 61%[15] - The company reported a net cash outflow from operating activities of RMB 14,409,000 for the six months ended June 30, 2024, compared to RMB 4,346,000 in 2023, indicating a worsening cash flow situation[15] - The group maintains a conservative financial policy and closely monitors its liquidity to meet funding needs[68] Debt and Liabilities - The group's debt-to-asset ratio increased from approximately 24.6% as of December 31, 2023, to approximately 29.3% as of June 30, 2024[9] - Total current assets decreased to RMB 74,371,000 as of June 30, 2024, from RMB 90,823,000 at the end of December 2023, a reduction of 18%[11] - Total liabilities increased to RMB 100,685,000 as of June 30, 2024, compared to RMB 108,236,000 at the end of December 2023, a decrease of 7%[12] - The total borrowings of the company amounted to approximately RMB 120.8 million as of June 30, 2024[57] - The company has secured bank loans of RMB 28,000,000, which remains unchanged from December 31, 2023, while unsecured loans total RMB 92,750,000, also unchanged[34] Inventory and Sales - The company’s inventory increased significantly to RMB 25,858,000 as of June 30, 2024, from RMB 17,477,000 at the end of December 2023, an increase of 48%[11] - The cost of inventory recognized as an expense was RMB 37,284,000 for the six months ended June 30, 2024, compared to RMB 12,851,000 in the same period of 2023, indicating a rise of 190%[25] - Revenue from the sale of tinplate packaging products and tinplate amounted to RMB 38,080,000 for the three months ended June 30, 2024[20] - There was no revenue generated from the repackaging and sale of cosmetics for the six months ended June 30, 2024[20] Corporate Governance and Compliance - The board of directors does not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[9] - The company has adopted written guidelines for directors' securities trading, complying with GEM Listing Rules sections 5.48 to 5.67[86] - The board believes that the company has adopted and followed the principles of the Corporate Governance Code as per GEM Listing Rules Appendix 15[87] - An Audit Committee has been established in accordance with GEM Listing Rules section 5.28, responsible for reviewing and supervising the financial reporting process and internal control procedures[88] Employee and Operational Metrics - The group employed 102 employees as of June 30, 2024, compared to 92 employees as of December 31, 2023[73] - Employee costs for the six months ending June 30, 2024, were approximately RMB 1.8 million, down from RMB 2.1 million in the previous year[73] Future Plans and Strategies - The company plans to seek additional financial resources, including issuing shares or obtaining credit financing, to meet its financial obligations[18] - The group aims to improve operational efficiency and profitability through cost control measures[18] - The company plans to upgrade existing production lines for steel drums to enhance sales revenue potential and maintain competitiveness[55] - The company aims to expand its product portfolio in the repackaging and retail business, particularly focusing on food products, which are expected to yield higher profit margins compared to cosmetics[56] - The company intends to participate in several exhibitions related to paints and coatings to expand market share and recruit experienced staff to enhance the sales team[56]

Financial Performance - The company's revenue increased from approximately RMB 37.0 million in the year ended December 31, 2022, to approximately RMB 48.5 million in the year ended December 31, 2023, representing an increase of about RMB 11.5 million or approximately 31.1%[14] - The loss for the year ended December 31, 2023, was approximately RMB 27.0 million, a significant reduction from the loss of approximately RMB 104.0 million for the year ended December 31, 2022, primarily due to a decrease in impairment losses on property, plant, and equipment[14] - Revenue increased by approximately RMB 11.5 million or 31.1% to RMB 48.5 million for the year ended December 31, 2023, compared to RMB 37.0 million for the year ended December 31, 2022[21] - Cost of sales rose by approximately RMB 14.2 million or 43.2% to RMB 47.1 million for the year ended December 31, 2023, compared to RMB 32.9 million for the year ended December 31, 2022[22] - Gross profit decreased from approximately RMB 4.1 million to RMB 1.5 million, with gross margin dropping from 11.1% to 3.0% for the year ended December 31, 2023[23] - Other income and losses improved from a loss of approximately RMB 4.8 million to a loss of RMB 0.7 million, a reduction of about 85.4% for the year ended December 31, 2023[24] - Administrative and other expenses decreased by approximately RMB 0.9 million or 6.1% to RMB 13.9 million for the year ended December 31, 2023, compared to RMB 14.8 million for the year ended December 31, 2022[26] - Financing costs decreased by approximately RMB 1.6 million or 34.0% to RMB 3.1 million for the year ended December 31, 2023, compared to RMB 4.7 million for the year ended December 31, 2022[27] - Loss for the year ended December 31, 2023, was approximately RMB 27.0 million, a decrease from a loss of RMB 104.0 million for the year ended December 31, 2022[28] Market Strategy and Operations - The company plans to further consolidate its market share in the tinplate packaging industry and expand its domestic business by participating in several exhibitions related to paints and coatings[15] - The company intends to expand its sales channels to seek new customers for its product portfolio, aiming for stable growth despite uncertainties from the US-China trade war and slowing economic growth in China[15] - The management believes that the company's experienced team and market reputation position it favorably against competitors and future challenges[16] Corporate Governance - The board is committed to maintaining good corporate governance standards, which enhances accountability to shareholders and creditors[49] - The board consists of two executive directors and three independent non-executive directors as of December 31, 2023[51] - The board held a total of 6 meetings during the fiscal year ending December 31, 2023, with all directors attending every meeting[57] - The company has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee specific aspects of the company's affairs[60] - The board is responsible for leading and controlling the group, focusing on overall strategy, financial performance monitoring, and internal control effectiveness[52] - Independent non-executive directors provide extensive business and financial expertise, contributing positively to the company's strategy and policy[52] - The company has adopted rules for securities trading by directors and employees, ensuring compliance with relevant regulations[50] - The board regularly reviews its functions to ensure alignment with the company's needs[52] Risk Management - The company emphasizes the importance of risk management and internal controls in its operational planning and decision-making processes[67] - The board of directors is responsible for identifying and analyzing risks related to their functions and reporting on risk management status[68] - The company has appointed internal control consultants to regularly advise on internal control matters[70] Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report covers significant ESG issues relevant to stakeholders and business operations[89] - The company emphasizes the importance of a stable and efficient governance framework to address potential ESG risks and seize sustainable development opportunities[91] - The ESG working group, composed of representatives from various departments, has been established to plan and coordinate the implementation of ESG measures[92] - The company will assess the need to set performance targets related to environmental and social aspects, subject to board review[92] Employee and Labor Practices - The company has a factory located in Foshan, Guangdong Province, primarily engaged in the sale of tinplate packaging products in China[87] - The total number of full-time employees decreased from 130 in 2022 to 92 in 2023, resulting in a turnover rate of 34.23%[112] - The employee turnover rate for females was 56% in 2023, while for males it was 16%[114] - The average training hours provided per employee decreased to 3.0 hours in 2023 from 10.0 hours in 2022, with 71% of employees receiving training[121][123] - The company adheres to labor laws and regulations, ensuring equal employment opportunities regardless of age, gender, or other factors[111] Financial Position and Liabilities - Total cash and cash equivalents amounted to approximately RMB 20.3 million as of December 31, 2023, down from RMB 25.8 million as of December 31, 2022[30] - The debt-to-asset ratio increased from 101% as of December 31, 2022, to 106% as of December 31, 2023[30] - As of December 31, 2023, the company's current liabilities and total liabilities were approximately RMB 17,413,000 and RMB 87,335,000, respectively[191] - The company's reserves available for distribution to shareholders as of December 31, 2023, were approximately RMB 0 million[152] Customer and Supplier Relationships - The largest customer accounted for approximately 33.6% of total revenue for the year ended December 31, 2023, up from 27.5% in 2022[153] - Revenue from the top five customers represented about 72.2% of total revenue for the year ended December 31, 2023, compared to 76.6% in 2022[153] - The largest supplier accounted for approximately 31.1% of total procurement for the year ended December 31, 2023, down from 42.5% in 2022[153] - Total procurement from the top five suppliers constituted about 80.0% of total procurement for the year ended December 31, 2023, compared to 67.5% in 2022[153] Compliance and Legal Matters - The company has not identified any violations related to child labor or forced labor laws during the reporting period[125] - The company has not identified any incidents of corruption or fraud during the reporting period[134] - The company has established a whistleblowing policy to encourage employees to report illegal or unethical behavior[134] - The company has complied with all relevant laws and regulations in China and Hong Kong in all material aspects[160] Audit and Financial Reporting - The audit committee reviewed the consolidated financial statements for the fiscal year ending December 31, 2023, confirming compliance with applicable accounting standards and GEM listing rules[186] - The audit was conducted in accordance with the Hong Kong Financial Reporting Standards, ensuring fair presentation of the financial statements[188] - The auditor's responsibility is to provide reasonable assurance that the consolidated financial statements are free from material misstatement due to fraud or error[200]

Financial Performance - For the year ended December 31, 2023, the total revenue was RMB 48,545,000, an increase of 31% compared to RMB 37,014,000 for the year ended December 31, 2022[5] - The gross profit decreased to RMB 1,452,000 from RMB 4,081,000, representing a decline of 64.4% year-on-year[5] - The net loss attributable to the owners of the company for the year was RMB 27,038,000, significantly improved from a loss of RMB 104,035,000 in the previous year[5] - Revenue from sales of tinplate packaging products was RMB 42,152,000, an increase from RMB 33,690,000 in the previous year, representing a growth of 25.5%[19] - Revenue from the sale of tin was RMB 2,691,000, a decrease from RMB 3,324,000 in the previous year, reflecting a decline of 19.0%[19] - The group generated revenue of RMB 3,702,000 from the repackaging and sale of cosmetics, which was not reported in the previous year[19] - The group's total revenue for the year was RMB 48,545,000, up from RMB 37,014,000 in the previous year, indicating an overall growth of 31.1%[16] - Loss for the year ended December 31, 2023, was approximately RMB 27 million, a significant reduction from a loss of approximately RMB 104 million for the year ended December 31, 2022[35] Assets and Liabilities - The total assets as of December 31, 2023, were RMB 90,823,000, compared to RMB 85,385,000 as of December 31, 2022, reflecting a growth of 6.4%[6] - The current liabilities increased to RMB 108,236,000 from RMB 88,898,000, indicating a rise of 21.7% year-on-year[6] - The group’s current liabilities net and total liabilities net were approximately RMB 17,413,000 and RMB 87,335,000, respectively, as of December 31, 2023[12] - The debt-to-asset ratio increased from 101% as of December 31, 2022, to 106% as of December 31, 2023[48] - Trade receivables and notes receivable increased to RMB 30,590,000 from RMB 18,774,000, marking a significant increase of 62.9%[6] - Trade receivables from customer contracts increased to RMB 65,064 thousand in 2023 from RMB 45,912 thousand in 2022, reflecting a growth of approximately 41.8%[25] - Trade payables increased to RMB 51,738 thousand in 2023 from RMB 31,862 thousand in 2022, indicating a growth of approximately 62.4%[27] Operational Developments - The company commenced operations in the cosmetics repackaging and sales business during the year, diversifying its revenue streams[7] - The company plans to expand its market share in the tinplate packaging industry and will participate in several exhibitions related to paints and coatings[36] - The company has implemented cost control measures to enhance operational efficiency and improve profitability and cash flow in the future[13] - The company aims to improve cash flow through cost control strategies, including reducing fixed management expenses[36] Shareholder and Dividend Information - The board of directors does not recommend the payment of any dividends for the year ended December 31, 2023[23] - The company does not recommend the payment of a final dividend for the year ended December 31, 2023[46] - The company’s board and senior management hold the following shares: Mr. Wang Yun holds 774,000 shares (0.48%), Mr. Zou Yonggang holds 774,000 shares (0.48%), and Ms. Xia Yilan holds 516,000 shares (0.32%) as of December 31, 2023[60] Audit and Compliance - The audit committee has reviewed the consolidated financial statements for the year ended December 31, 2023, confirming compliance with applicable accounting standards and GEM listing rules[70] - The company has adopted the principles set out in Appendix 15 of the GEM Listing Rules and has complied with all applicable code provisions[69] - The company has appointed Zhongzhi Xin (Hong Kong) CPA Limited as the new auditor effective January 29, 2024, following the resignation of Kaiyuan Xinde CPA Limited[71] Future Outlook and Concerns - The group plans to seek additional financing resources, including issuing shares or obtaining other credit financing, to meet its debt obligations[13] - There are significant uncertainties regarding the company's ability to continue as a going concern due to the reported losses and liabilities[74] - The company has no knowledge of any business or interests held by directors or controlling shareholders that may compete with the group’s business as of December 31, 2023[68] Employee and Operational Costs - The company employed 92 employees as of December 31, 2023, down from 130 employees as of December 31, 2022, with employee costs amounting to approximately RMB 3.4 million for the year ended December 31, 2023[52] - Administrative and other expenses decreased from approximately RMB 14.8 million for the year ended December 31, 2022, to approximately RMB 13.9 million for the year ended December 31, 2023, a reduction of about 6.1%[43] - Financing costs decreased from approximately RMB 4.7 million for the year ended December 31, 2022, to approximately RMB 3.1 million for the year ended December 31, 2023, a reduction of about 34.0%[44] Other Financial Information - Cash and cash equivalents totaled approximately RMB 20.3 million as of December 31, 2023, down from RMB 25.8 million as of December 31, 2022[48] - The company has no significant investment or capital asset plans disclosed beyond what has been announced as of December 31, 2023[58] - No purchases, sales, or redemptions of the company's listed securities were made by the company or any of its subsidiaries during the year ended December 31, 2023[67] - The company has not disclosed any new product or technology developments, market expansions, or mergers and acquisitions as of December 31, 2023[58] - The company completed a rights issue on October 28, 2022, raising approximately RMB 23.1 million, which will support its expansion efforts[31] - The fair value of the company's holdings in 16 listed equity securities was approximately RMB 13.0 million as of December 31, 2023[54] - The company’s reserves showed a significant decrease, with total reserves at RMB (115,244,000) compared to RMB (89,372,000) in the previous year[6] - Other income and net losses improved from a loss of approximately RMB 4.8 million for the year ended December 31, 2022, to a loss of approximately RMB 0.7 million for the year ended December 31, 2023, representing a reduction of about 85.4%[41] - Gross profit decreased from approximately RMB 4.1 million for the year ended December 31, 2022, to approximately RMB 1.5 million for the year ended December 31, 2023, with gross margin dropping from 11.1% to 3.1%[40]

Financial Performance - For the nine months ended September 30, 2023, revenue was approximately RMB 22.6 million, a decrease of about 32.9% compared to RMB 33.6 million for the same period in 2022[5] - The loss attributable to owners of the company for the nine months ended September 30, 2023, was approximately RMB 6.3 million, a reduction of about RMB 9.0 million from a loss of RMB 15.3 million for the same period in 2022[5] - Basic loss per share for the nine months ended September 30, 2023, was approximately RMB 3.93, compared to RMB 19.16 for the same period in 2022[5] - Gross profit for the nine months ended September 30, 2023, was RMB 1.54 million, down from RMB 2.38 million in the same period of 2022[6] - The company reported a financing cost of RMB 1.15 million for the nine months ended September 30, 2023, compared to RMB 4.14 million for the same period in 2022[6] - Other comprehensive loss attributable to owners for the nine months ended September 30, 2023, was RMB 6.2 million, compared to RMB 14.72 million for the same period in 2022[8] - The company recorded a foreign exchange gain of RMB 89,000 for the nine months ended September 30, 2023, compared to a gain of RMB 610,000 for the same period in 2022[8] - Total equity as of September 30, 2023, was approximately RMB 4.84 million, a decrease from RMB 18.25 million at the beginning of the year[10] Revenue and Sales - For the nine months ended September 30, 2023, the company's revenue from tinplate and other packaging products decreased by approximately RMB 11.0 million or 32.9% to approximately RMB 22.6 million compared to RMB 33.6 million for the same period in 2022[24] - Revenue from the sale of tinplate and other packaging products decreased by approximately RMB 11.0 million or about 32.9% to approximately RMB 22.6 million for the nine months ended September 30, 2023, compared to approximately RMB 33.6 million for the same period in 2022[27] - Cost of sales decreased by approximately RMB 10.1 million or about 32.8% to approximately RMB 21.1 million for the nine months ended September 30, 2023, from approximately RMB 31.2 million for the same period in 2022[28] Operational Efficiency - The company plans to upgrade production lines to enhance overall production efficiency and maintain product competitiveness[24] - The company aims to reduce fixed indirect costs, including maintenance costs, direct labor costs, and manufacturing expenses, to achieve its operational goals[24] Expenses and Losses - Administrative and other expenses decreased by approximately RMB 4.4 million or about 45.7% to approximately RMB 5.1 million for the nine months ended September 30, 2023, primarily due to reduced employee costs and R&D expenses[33] - Financing costs decreased from approximately RMB 4.1 million to approximately RMB 1.1 million for the nine months ended September 30, 2023, mainly due to a reduction in borrowings[35] - The loss for the period decreased from approximately RMB 15.3 million to approximately RMB 6.3 million for the nine months ended September 30, 2023, attributed to reduced other losses and lower administrative expenses[36] - Other income and losses improved from a loss of approximately RMB 2.6 million to a loss of approximately RMB 0.4 million for the nine months ended September 30, 2023[31] Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the nine months ended September 30, 2023[20] - No interim dividend was recommended for the nine months ended September 30, 2023[37] - The weighted average number of ordinary shares used for calculating loss per share for the nine months ended September 30, 2023, was 160,000 thousand shares, the same as for the same period in 2022[21] Compliance and Governance - The company is committed to adhering to the Hong Kong Financial Reporting Standards and GEM Listing Rules in its financial reporting[12] - The company has not adopted any new or revised standards that have a significant impact on its financial performance for the nine months ended September 30, 2023[14] - The audit committee has reviewed the group's financial performance for the nine months ending September 30, 2023, which remains unaudited but has been reviewed by the committee[58] Market Strategy - The company continues to focus on manufacturing and selling tinplate and other packaging products primarily in China and Hong Kong[12] - The company will participate in several exhibitions related to paints and coatings as part of its market expansion strategy[26] Other Information - The company had no significant contingent liabilities as of September 30, 2023[38] - There were no major investments held that accounted for more than 5% of the company's total assets as of September 30, 2023[39] - As of September 30, 2023, the company did not purchase, sell, or redeem any of its listed securities during the nine-month period[52] - The board of directors confirmed that they do not have any significant beneficial interests in any contracts related to the group's business as of September 30, 2023[53]

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公佈的 內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 公佈全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Wan Cheng Metal Packaging Company Limited 萬 成 金 屬 包 裝 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8291） 截至二零二三年九月三十日止九個月之 第三季度業績公佈 萬成金屬包裝有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」） 會（「董事會」）欣然公佈本集團截至二零二三年九月三十日止九個月之未經審核 業績。本公佈載有本公司二零二三年第三季度報告全文，乃符合香港聯合交易所 有限公司GEM證券上市規則（「GEM上市規則」）中有關第三季度業績初步公佈附 載資料之相關要求。 承董事會命 萬成金屬包裝有限公司 執行董事 王允 香港，二零二三年十一月十四日 於本公佈日期，執行董事為王允先生及鄒勇剛先生；及獨立非執行董事為黃瑞熾 先生、夏依蘭女士及胡子敬先生。 ...