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。 ...

Financial Performance - For the six months ended June 30, 2023, the group's revenue was approximately RMB 139 million, a decrease of about 39.5% compared to RMB 230 million for the same period in 2022[4] - The group recorded a loss attributable to the owners of the company of approximately RMB 52 million for the six months ended June 30, 2023, compared to a loss of approximately RMB 121 million for the same period in 2022[4] - The gross profit for the six months ended June 30, 2023, was RMB 10.72 million, compared to RMB 12.85 million for the same period in 2022, reflecting a decline in profitability[7] - The company reported a basic and diluted loss per share of RMB 0.79 for the six months ended June 30, 2023, compared to RMB 3.22 for the same period in 2022[7] - The company reported a total comprehensive loss of RMB (11,509,000) for the six months ended June 30, 2023, compared to a loss of RMB (12,148,000) for the same period in 2022[10] - The group recorded a loss of approximately RMB 5.2 million for the six months ended June 30, 2023, compared to a loss of approximately RMB 12.1 million for the same period in 2022, attributed to reduced selling expenses and effective cost control[37] Cash and Liquidity - As of June 30, 2023, the group's total cash and bank balances amounted to approximately RMB 259 million, down from RMB 309 million as of December 31, 2022[4] - The cash and cash equivalents at the end of June 30, 2023, were RMB 25,870,000, down from RMB 30,913,000 at the beginning of the period[12] - The net cash used in operating activities for the six months ended June 30, 2023, was RMB (5,112,000), an improvement from RMB (8,803,000) in the same period of 2022[12] - The company did not generate any cash from investing activities for the six months ended June 30, 2023, compared to RMB 7,561,000 in the same period of 2022[12] Assets and Liabilities - The total assets decreased from RMB 1,101.85 million as of December 31, 2022, to RMB 945.71 million as of June 30, 2023[8] - The group's debt-to-asset ratio increased from approximately 100.5% as of December 31, 2022, to approximately 117.1% as of June 30, 2023[4] - The total equity attributable to owners of the company as of June 30, 2023, was RMB (66,547,000), compared to RMB (61,463,000) as of December 31, 2022, indicating a decline in equity[10] - The company's total liabilities as of June 30, 2023, were RMB 82,750,000, unchanged from December 31, 2022[9] - The net current liabilities increased from RMB 35.13 million as of December 31, 2022, to RMB 43.01 million as of June 30, 2023[8] Inventory and Receivables - The group's inventory decreased from RMB 162.77 million as of December 31, 2022, to RMB 148.33 million as of June 30, 2023[8] - The company's total inventory as of June 30, 2023, was RMB 14,833,000, a decrease of 9.0% from RMB 16,277,000 as of December 31, 2022[28] - Trade receivables as of June 30, 2023, amounted to RMB 45,717,000, a slight decrease from RMB 46,212,000 as of December 31, 2022[29] - The aging analysis of trade receivables showed that the amount overdue for more than one year increased to RMB 3,816,000 as of June 30, 2023, compared to RMB 10,907,000 as of December 31, 2022[31] Dividends and Shareholder Information - The group did not recommend the payment of an interim dividend for the six months ended June 30, 2023[4] - As of June 30, 2023, the company had issued and paid-up capital of approximately RMB 27,909,000[59] - As of June 30, 2023, the company had a total of 12,839,352 unexercised share options remaining[65] Operational Insights - The company operates primarily in the manufacturing and sales of tinplate packaging products, with over 90% of non-current assets located in China[18] - Revenue from external customers in China for the six months ended June 30, 2023, was RMB 13,923,000, a decrease of 39.5% compared to RMB 23,002,000 in the same period of 2022[19] - Major customer A contributed RMB 2,320,000 in revenue for the six months ended June 30, 2023, down 46.5% from RMB 4,336,000 in the same period of 2022[20] - Revenue decreased by approximately RMB 9.1 million or 39.6% from about RMB 23.0 million for the six months ended June 30, 2022, to about RMB 13.9 million for the six months ended June 30, 2023, primarily due to reduced sales demand amid intense market competition[37] Cost Management - The company's financing costs for the six months ended June 30, 2023, included bank loan interest expenses of RMB 766,000, a decrease of 76.6% from RMB 3,267,000 in the same period of 2022[22] - Administrative and other expenses decreased by approximately RMB 3.0 million or 47.6% from about RMB 6.3 million for the six months ended June 30, 2022, to approximately RMB 3.3 million for the same period in 2023, mainly due to cost control measures[46] - Employee costs for the six months ended June 30, 2023, were approximately RMB 2.1 million, down from RMB 3.4 million for the same period in 2022[56] Governance and Compliance - The audit committee, consisting of independent non-executive directors, has reviewed the financial reporting processes and internal control procedures of the group[71] - The interim financial results for the six months ended June 30, 2023, have not been audited but were reviewed by the audit committee[71] - The company has adopted the principles of the Corporate Governance Code as set out in the GEM Listing Rules[70] - There are no known competing interests or potential conflicts of interest involving the directors or controlling shareholders as of June 30, 2023[68]

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，並明確表示概不對因本公佈全部或任何 部分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。 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） 截至二零二三年六月三十日止六個月之 中期業績公佈 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六月三十日止六個月之未經審核 業績。本公佈載有本公司二零二三年中期報告全文，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」）中有關中期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，二零二三年八月十四日 於本公佈日期，執行董事為王允先生及鄒勇剛先生；獨立非執行董事為黃瑞熾先生、 夏依蘭女士及胡子敬先生。 ...

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倚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） 有關 截至二零二二年十二月三十一日止年度的年報 之補充公佈 茲提述萬成金屬包裝有限公司（「本公司」）於二零二三年三月三十一日刊發之截 至二零二二年十二月三十一日止年度之年報（「二零二二年年報」）。除另有界定者 外，本公佈所用詞彙與二零二二年年報所界定者具有相同涵義。 除二零二二年年報所提供的資料外，本公司謹此向本公司股東及有意投資者提供 以下有關購股權計劃之額外資料。 購股權計劃 除二零二二年年報所載財務報表附註29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： 於二零二二年一月一日及二零二二年十二月三十一日，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 ...

Financial Performance - Revenue for the three months ended March 31, 2023, was approximately RMB 7.5 million, a decrease of about 22.7% compared to RMB 9.7 million for the same period in 2022[5] - Loss attributable to owners of the company for the three months ended March 31, 2023, was approximately RMB 3.9 million, consistent with the loss of RMB 3.9 million for the same period in 2022[5] - Basic loss per share for the three months ended March 31, 2023, was approximately RMB 2.43, compared to RMB 2.44 for the same period in 2022 (restated)[6] - Total comprehensive loss for the three months ended March 31, 2023, was RMB 3.5 million, compared to RMB 3.8 million for the same period in 2022[6] - The company reported a loss attributable to owners of approximately RMB 3.883 million for the three months ended March 31, 2023, compared to a loss of approximately RMB 3.898 million for the same period in 2022[17] - The net loss for the period remained at approximately RMB 3.9 million, primarily due to increased gross profit and the net effect of reduced administrative and other expenses[32] Profitability and Costs - Gross profit for the three months ended March 31, 2023, was RMB 821,000, compared to RMB 685,000 for the same period in 2022[6] - Gross profit slightly increased from approximately RMB 0.7 million for the three months ended March 31, 2022, to approximately RMB 0.8 million for the same period in 2023[27] - Gross margin improved from approximately 7.1% for the three months ended March 31, 2022, to 11.0% for the same period in 2023[27] - Sales cost decreased by approximately RMB 2.4 million or 26.7% to approximately RMB 6.6 million for the three months ended March 31, 2023, compared to approximately RMB 9.0 million for the same period in 2022[26] - Financing costs for the three months ended March 31, 2023, were RMB 383,000, significantly reduced from RMB 1.6 million for the same period in 2022[6] - Financing costs decreased from approximately RMB 1.6 million for the three months ended March 31, 2022, to approximately RMB 400,000 for the three months ended March 31, 2023, mainly due to lower interest-bearing loan balances[31] - Administrative and other expenses decreased by approximately RMB 500,000 or about 20.8%, from approximately RMB 2.4 million for the three months ended March 31, 2022, to approximately RMB 1.9 million for the three months ended March 31, 2023, primarily due to a reduction in confirmed professional fees[30] - Sales expenses decreased from approximately RMB 556,000 for the three months ended March 31, 2022, to approximately RMB 420,000 for the three months ended March 31, 2023, mainly due to reduced transportation costs in line with decreased sales orders[29] Equity and Shareholder Information - The company’s total equity attributable to owners as of March 31, 2023, was RMB 14.5 million, down from RMB 18.3 million as of March 31, 2022[8] - The board of directors did not recommend the distribution of dividends for the three months ended March 31, 2023, consistent with the previous year[16] - The board of directors did not recommend the payment of an interim dividend for the three months ended March 31, 2023[33] - The weighted average number of ordinary shares for calculating loss per share was 160 million for both the three months ended March 31, 2023, and 2022[19] Market Strategy and Operations - The company operates primarily in the manufacturing and sales of tinplate packaging products in China and Hong Kong[9] - Revenue from tinplate packaging products decreased by approximately RMB 2.2 million or 22.7% to approximately RMB 7.5 million for the three months ended March 31, 2023, compared to RMB 9.7 million for the same period in 2022[23] - The company plans to expand its sales team with experienced staff to seek new customers as part of its market share expansion strategy[24] - The company aims to achieve stable growth and reduce concentration risk by expanding its customer base despite uncertainties from the US-China trade war and the COVID-19 pandemic[24] - The company will participate in several exhibitions related to paints and coatings to further consolidate its market share in the tinplate packaging industry[24] Other Financial Information - The company reported a foreign exchange gain of RMB 387,000 for the three months ended March 31, 2023, compared to a gain of RMB 120,000 for the same period in 2022[6] - Other income and net loss shifted from a profit of approximately RMB 6,000 for the three months ended March 31, 2022, to a loss of approximately RMB 1,988,000 for the three months ended March 31, 2023, primarily due to fair value changes in listed equity investments[28] - As of March 31, 2023, the group had no significant contingent liabilities[34] - The group did not hold any significant investments other than those in subsidiaries as of March 31, 2023[35] - The group faced minimal foreign exchange risk, with most transactions settled in RMB, and had no hedging against any foreign exchange risks as of March 31, 2023[36] Corporate Governance - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[9] - The company has established an audit committee to review and supervise the financial reporting process and internal control procedures[50] - The audit committee consists of independent non-executive directors, ensuring compliance with GEM Listing Rules[50] - The financial results for the three months ended March 31, 2023, were unaudited but reviewed by the audit committee[50] - The company has adopted the principles of the Corporate Governance Code as per GEM Listing Rules[49] - The company has adopted written guidelines regarding securities trading by directors, in compliance with GEM Listing Rules[48] Directors and Management - The executive directors as of the report date are Wang Yun and Zou Yonggang, with independent non-executive directors including Huang Ruichi, Xia Yilan, and Hu Zijing[51] - There were no significant contracts in which the directors had a direct or indirect substantial interest as of March 31, 2023[46] - The directors were not aware of any competing businesses or interests that could conflict with the company's operations as of March 31, 2023[47] - The company has granted a total of 15,988,552 options under the share option scheme as of March 31, 2023[41] - As of March 31, 2023, the company had a total of 15,988,552 unexercised stock options granted to various employees and consultants[44] - The company did not purchase, sell, or redeem any of its listed securities during the three months ended March 31, 2023[45]

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之內容概不負責， 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倚賴該等內容而引致之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） 截至二零二三年三月三十一日止三個月之 第一季度業績公佈 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三月三十一日止三個月之未經審 核業績。本公佈載有本公司二零二三年第一季度報告全文，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，二零二三年五月十五日 於本公佈日期，執行董事為王允先生及鄒勇剛先生；獨立非執行董事為黃瑞熾先生、 夏依蘭女士及胡子敬先生。 ...

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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不會就本公佈之全部或任 何部分內容，或因倚賴本公佈之該等內容而引致之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） 截至二零二二年十二月三十一日止年度業績公佈 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二零二二年十二月三十一日止年度之全年業 績。本公佈載有本公司二零二二年全年報告全文，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」）中有關全年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，二零二三年三月三十一日 於本公佈日期，執行董事為王允先生及鄒勇剛先生；獨立非執行董事為黃瑞熾先生、 夏依蘭女士及胡子敬先生。 本公佈乃根據聯交所GEM證券上市規則提供有關本公司的資料。董事願就本公佈 ...