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，並明確表明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起之任何損失承擔任何責任。 TK NEW ENERGY Tonking New Energy Group Holdings Limited 同 景 新 能 源 集 團 控 股 有 限 公 司 * （於開曼群島註冊成立的有限公司） （股份代號：8326） 截至二零二三年六月三十日止三個月第一季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司可能帶有較高投資風險的中小 型公司提供一個上市的市場。有意投資之人士應了解投資於該等公司的潛在風險， 並應經過審慎周詳的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，在GEM買賣之證券可能會較於聯交所主 板買賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 本公佈之資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 提供有關同景新能源集團控股有限公司（「本公司」）的資料，本 ...

Financial Performance - The company recorded a revenue of approximately HKD 689 million for the year ended March 31, 2023, representing an increase of about 186% compared to HKD 240.5 million in the same period of 2022[13]. - The profit attributable to the owners of the company was approximately HKD 27.6 million, a significant increase of about 403% from HKD 5.5 million in the previous year[13]. - The group recorded revenue of approximately HKD 688,965,000 for the fiscal year ending March 31, 2023, representing an increase of about 186% compared to HKD 240,524,000 in the same period of 2022[32]. - The net profit attributable to the company's owners for the fiscal year was approximately HKD 27,633,000, compared to HKD 5,497,000 in 2022[35]. - Cash and cash equivalents, along with restricted bank deposits, totaled approximately HKD 54,617,000, an increase of about 62% from HKD 34,582,000 in 2022[38]. - The cost of sales for the fiscal year was approximately HKD 616,789,000, up from HKD 196,124,000 in 2022, primarily due to materials, subcontracting, labor, and other operational costs[33]. - The administrative and other operating expenses decreased by approximately 5% to about HKD 29,381,000 from HKD 30,774,000 in the previous year due to cost-cutting measures[34]. - The company's attributable profit before dividends was approximately HKD 27,633,000 for the year ended March 31, 2023, compared to HKD 5,497,000 in 2022, indicating a significant increase[83]. - As of March 31, 2023, the total distributable reserves amounted to approximately HKD 59,389,000, down from HKD 63,813,000 in 2022, reflecting a decrease of about 6.7%[85]. - Sales to the top five customers accounted for approximately 68% of total sales for the year, with the largest customer contributing about 35%[87]. - Purchases from the top five suppliers represented approximately 70% of total purchases, with the largest supplier accounting for about 37%[87]. Business Operations - The total installed capacity of contracts signed during the year was 1,167.77 MW[13]. - The renewable energy business generated total revenue of approximately HKD 688.97 million, compared to HKD 240.52 million in 2022, primarily from providing one-stop value-added solutions for photovoltaic power stations and selling patented photovoltaic tracking fixed bracket systems[18]. - The company signed a total of 40 new contracts during the reporting period, including significant projects such as the 100MW photovoltaic project in Guangxi and the 100MW agricultural (forest) photovoltaic project in Ganxian District[19][24][27]. - The company is focusing on developing floating photovoltaic brackets for offshore projects to meet market demand and adapt to complex marine environments[29]. - The company is committed to providing one-stop solutions for photovoltaic power stations, including EPC, maintenance support, and testing services, to promote healthy industry development[28]. - The company aims to enhance product performance and reduce electricity costs, focusing on the development of a digital and intelligent photovoltaic tracking control platform utilizing big data analysis and AI technology[28]. - The company has developed a multi-point linkage bracket system and a flexible cable bracket for complex terrain, enhancing its product competitiveness[13]. - The group employed 128 staff members as of March 31, 2023, an increase from 99 in 2022, reflecting growth in operations[47]. Corporate Governance - The board does not recommend the payment of a final dividend for the year ending March 31, 2023, compared to no dividend in 2022[74]. - The board will continue to review the dividend policy and does not guarantee the payment of any specific amount of dividends in any designated period[73]. - The company has adopted a dividend policy allowing for cash or stock dividends to shareholders, subject to compliance with applicable laws and regulations[73]. - The board consists of experienced members, including three independent non-executive directors, and will continuously review the effectiveness of corporate governance structures[132]. - The company has adopted corporate governance practices in compliance with GEM listing rules, with all applicable code provisions followed except for a specific deviation[131]. - The company has established specific committees, including the audit, remuneration, nomination, and compliance committees, to facilitate effective governance[145]. - The audit committee was established on November 2, 2013, to review significant investments, financial conditions, and accounting policies[146]. - The board is responsible for ensuring the company's ongoing operations and managing risks effectively[140]. - The company has established internal monitoring procedures for handling and disclosing inside information to comply with GEM listing rules[185]. - The company encourages shareholders to submit inquiries and suggestions in writing to the board of directors[189]. Risk Management - The board is responsible for overseeing the effectiveness of the group's risk management and internal control systems, which aim to manage risks rather than eliminate them[173]. - The company has established an enterprise risk management framework, with the board ensuring sufficient and effective risk management systems are in place[175]. - The risk management framework follows the COSO framework, allowing the board and management to effectively manage the company's risks[182]. - The company has implemented a risk management policy requiring regular assessments and confirmations of the effectiveness of the risk management system by the management team[174]. - The board has engaged an independent consulting firm to review internal controls, confirming the adequacy and effectiveness of the risk management and internal control systems[177]. - The risk register is maintained to track all identified significant risks, with annual assessments conducted to evaluate the likelihood and potential impact of these risks[178]. - The company is committed to enhancing its internal control systems and improving workflows to minimize significant business risks[173]. - The risk management activities are continuously conducted by management, with the effectiveness of the risk management framework evaluated at least annually[183]. - The board will continue to review and improve the risk management and internal control systems in light of regulatory requirements and business developments[178]. Strategic Goals and Future Prospects - The company aims to become a globally influential enterprise in the solar energy sector, focusing on creating green ecological intelligent photovoltaic power stations[14]. - The company is committed to sustainable development and corporate social responsibility, balancing business growth with environmental and social considerations[196]. - The company aims to expand its renewable energy business as part of its global development strategy, allocating more resources to this sector[195]. - The company is focused on achieving environmental sustainability and enhancing customer commitment as part of its strategic goals[198]. - The company emphasizes maintaining good relationships with stakeholders, including customers, investors, and employees, to meet their expectations[196]. Shareholder Relations - The company adopted a shareholder communication policy on November 2, 2013, to enhance communication with shareholders and investors[187]. - Major shareholders include Zhenjie Limited with 224,380,000 shares (27.43%) and Victory Stand International Limited with 206,000,000 shares (25.18%) as of March 31, 2023[106][107]. - The company has a share option plan that allows for a maximum of 40,000,000 shares to be issued, representing 4.89% of the total issued share capital as of the report date[114]. - No share options have been granted, issued, cancelled, or lapsed during the year[122]. - The company maintained sufficient public float as required by GEM listing rules throughout the year[128].

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，並表明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起之任何損失承擔任何責任。 TK NEW ENERGY Tonking New Energy Group Holdings Limited 同 景 新 能 源 集 團 控 股 有 限 公 司 * （於開曼群島註冊成立的有限公司） （股份代號：8326） 截至二零二三年三月三十一日止年度經審核全年業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公 司提供一個上市的市場。有意投資之人士應了解投資於該等公司的潛在風險，並 應經過審慎周詳的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，在GEM買賣之證券可能會較於聯交所主 板買賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 本公佈之資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 提供有關同景新能源集團控股有限公司（「本公司」）的資料，本公司之 ...

Financial Performance - For the three months ended December 31, 2022, the company's revenue was HKD 234.8 million, a significant increase from HKD 66.3 million in the same period of 2021, representing a growth of 253%[4] - The gross profit for the same period was HKD 16.7 million, compared to HKD 7.8 million in the previous year, marking a growth of 113%[4] - The profit before tax for the three months was HKD 9.3 million, up from HKD 1.4 million in the prior year, reflecting a growth of 552%[4] - The net profit for the three months was HKD 6.8 million, compared to HKD 1.1 million in the same period of 2021, an increase of 516%[4] - Basic and diluted earnings per share for the three months were HKD 0.80, up from HKD 0.09 in the previous year, representing an increase of 789%[6] - For the nine months ended December 31, 2022, the total revenue was HKD 447.5 million, compared to HKD 219.4 million in the same period of 2021, indicating a growth of 103%[4] - The net profit for the nine months was HKD 19.0 million, compared to HKD 10.1 million in the previous year, reflecting an increase of 88%[4] - The company reported a profit attributable to owners of the company of HKD 17,924,000 for the nine months ended December 31, 2022, compared to HKD 9,002,000 for the same period in 2021, representing a growth of 98.5%[22] - The company recorded interest income of HKD 3,141,000 for the nine months ended December 31, 2022, up from HKD 775,000 in the same period of 2021, marking an increase of 304.5%[15] - The company incurred a tax expense of HKD 7,163,000 for the nine months ended December 31, 2022, compared to HKD 53,000 in the same period of 2021, indicating a substantial increase in tax obligations[19] - The company reported a net loss of HKD 22,000 from foreign exchange differences for the nine months ended December 31, 2022[17] - The company’s depreciation expense for the nine months ended December 31, 2022, was HKD 1,726,000, a decrease from HKD 1,851,000 in the same period of 2021[17] - The total comprehensive income for the nine months was a loss of HKD 9.6 million, compared to a gain of HKD 18.9 million in the same period of 2021[6] Revenue Sources - For the nine months ended December 31, 2022, the company's revenue from construction contracts was HKD 447,476,000, a significant increase of 103.8% compared to HKD 219,417,000 for the same period in 2021[15] - The renewable energy business recorded total revenue of approximately HKD 447,476,000 for the reporting period, a significant increase from HKD 219,417,000 in the same period last year, representing a growth of 103.5%[24] - Contract costs for the same period amounted to approximately HKD 407,569,000, up from HKD 195,456,000 in 2021, primarily due to costs associated with renewable energy business[33] Foreign Exchange and Financial Position - The company reported a foreign exchange loss of HKD 28.6 million for the nine months, compared to a gain of HKD 8.9 million in the previous year[6] - Cash and cash equivalents increased by approximately 152% to about HKD 87,237,000 as of December 31, 2022, compared to HKD 34,582,000 on March 31, 2022[41] - The company's debt amounted to approximately HKD 48,136,000 as of December 31, 2022, compared to HKD 40,761,000 on March 31, 2022[42] - The capital debt ratio was approximately 31% as of December 31, 2022, up from 28% on March 31, 2022[43] Business Strategy and Operations - The company continues to focus on expanding its renewable energy business in China, which remains its primary operational area[10] - The company has established two wholly-owned subsidiaries and one non-wholly-owned subsidiary to support its renewable energy operations[24] - The company aims to maintain its market competitiveness by continuously improving technology and product innovation in the photovoltaic bracket sector[29] - The company is focusing on enhancing product performance and reducing electricity costs to promote grid parity, aligning with industry trends towards sustainable development[29] - The renewable energy sector is positioned to meet the increasing demand for stable and secure energy solutions as the industry evolves towards a more sustainable future[29] Product Development - The development of a multi-point linkage bracket system has been initiated, featuring a torque transmission system that adapts to complex terrain, enhancing product safety and performance[29] - The focus on modular design in the new bracket system aims to improve safety features, with each module designed to include a stable self-locking mechanism[29] - A floating installation platform with dual buoyancy protection has been developed to address the new demand for water surface power station installations[30] - The company is focusing on developing offshore floating photovoltaic supports using new stainless steel materials and anti-corrosion coatings to adapt to marine environments[30] - The company has developed a high land utilization "A-frame" support system to enhance land resource efficiency and meet project demands[30] Shareholder Information - Major shareholders include Zhenjie Limited with 224,380,000 shares (27.43%) and Victory Stand International Limited with 206,000,000 shares (25.18%) as of December 31, 2022[50] - Wu Jianong holds a 96% beneficial ownership in Zhenjie Limited, while Hu Qichu, Huang Huiling, and Lei Hongren hold 73.88%, 17.41%, and 8.71% beneficial ownership in Victory Stand, respectively[51] - No share options have been granted under the share option scheme since its adoption on November 2, 2013, and there are no outstanding share options as of December 31, 2022[52] Compliance and Review - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended December 31, 2022, and confirmed compliance with applicable accounting standards[54] - The company applied new and revised Hong Kong Financial Reporting Standards during the reporting period, which did not have a significant impact on the financial performance or disclosures[14]

Financial Performance - For the six months ended September 30, 2022, the company reported revenue of HKD 212,670,000, an increase of 12.4% compared to HKD 189,416,000 for the same period in 2021[6] - The gross profit for the same period was HKD 23,254,000, representing a 43.8% increase from HKD 16,125,000 in the previous year[6] - The net profit attributable to the company's owners for the six months ended September 30, 2022, was HKD 12,260,000, up 36.7% from HKD 8,954,000 in the prior year[6] - Basic and diluted earnings per share for the six months were HKD 1.39, compared to HKD 1.00 for the same period in 2021, reflecting a 39% increase[8] - The group reported a pre-tax profit of HKD 11,346,000 for the six months ended September 30, 2022, compared to HKD 8,225,000 for the same period in 2021, reflecting an increase of 38%[40] - The total expenses for the six months ended September 30, 2022, amounted to HKD 189,416,000, up from HKD 137,005,000 in the same period of 2021, representing an increase of 38%[33] - The group recorded a net tax expense of HKD 4,609,000 for the six months ended September 30, 2022, compared to a tax credit of HKD 277,000 for the same period in 2021[37] - The company reported a net profit attributable to shareholders of approximately HKD 11,346,000 for the six months ended September 30, 2022, compared to HKD 8,225,000 in 2021[70] Assets and Liabilities - Total assets as of September 30, 2022, amounted to HKD 402,998,000, an increase from HKD 371,789,000 as of March 31, 2022[11] - Current liabilities increased to HKD 215,299,000 from HKD 169,005,000, indicating a rise in operational obligations[11] - The company reported a significant increase in contract liabilities, rising to HKD 12,066,000 from HKD 5,259,000, highlighting growth in future revenue commitments[11] - The company’s total liabilities included non-controlling interests of HKD 22,228,000, contributing to the overall equity structure[16] - The group had short-term bank loans of approximately HKD 47,253,000 as of September 30, 2022, compared to HKD 40,761,000 as of March 31, 2022, reflecting an increase of 16%[48] - The company's capital debt ratio was approximately 31% as of September 30, 2022, up from 28% on March 31, 2022[76] Cash Flow - The net cash generated from operating activities was HKD 13,886,000, while the net cash used in investing activities was HKD 5,256,000, and financing activities generated HKD 5,133,000[18] - The company experienced a net increase in cash and cash equivalents of HKD 24,275,000, bringing the total cash and cash equivalents to HKD 58,857,000 at the end of the period[18] - Cash and cash equivalents increased by approximately 70% to HKD 58,857,000 as of September 30, 2022, compared to HKD 34,582,000 on March 31, 2022[74] Revenue Segments - Revenue from the renewable energy segment in mainland China reached HKD 212,670,000, a significant increase from HKD 153,130,000 in the same period last year, representing a growth of approximately 39%[28] - For the six months ended September 30, 2022, the revenue from construction contracts was HKD 212,670,000, an increase of 39% compared to HKD 153,130,000 for the same period in 2021[32] - The renewable energy segment recorded total revenue of approximately HKD 212.67 million for the reporting period, compared to HKD 153.13 million in the same period last year, representing an increase of 38.8%[55] Operational Highlights - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[6] - The company’s strategy includes exploring potential mergers and acquisitions to bolster growth and market share, although no specific targets were mentioned[6] - The company operates primarily in the renewable energy sector, focusing on providing integrated solutions for photovoltaic power stations and selling patented photovoltaic tracking systems[25] - The company is focusing on providing one-stop value-added solutions for photovoltaic power stations and selling patented photovoltaic tracking fixed bracket systems[55] - The company is focusing on developing floating photovoltaic support structures for offshore projects, utilizing new stainless steel materials and anti-corrosion coatings[63] - The company has innovated a modular design for its support systems, enhancing safety and stability through advanced technology[65] - The company aims to become a globally influential enterprise in the solar energy sector, promoting green ecological intelligent photovoltaic power stations[63] Employee and Management Information - The group’s employee benefit expenses (excluding directors and key management personnel) for the six months ended September 30, 2022, were HKD 3,709,000, compared to HKD 2,572,000 for the same period in 2021, an increase of 44%[36] - The number of employees increased to 116 as of September 30, 2022, from 97 as of March 31, 2022[79] - The total remuneration for key management personnel was HKD 765,000, a decrease from HKD 897,000 in the previous year[53] Governance and Compliance - The company has complied with all applicable corporate governance code provisions, except for a deviation regarding the roles of the Chairman and CEO[80] - The Chairman and CEO roles are held by the same individual, which deviates from the corporate governance code, but the board believes this provides strong and consistent leadership[83] - The group has three independent non-executive directors, ensuring a balanced governance structure[83] - The company has adopted the trading code of conduct as per GEM Listing Rules, confirming compliance by all directors for the six months ending September 30, 2022[97] - The Audit Committee has reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2022, and believes they are prepared in accordance with applicable accounting standards[98] Other Information - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from April 1, 2022, which did not have a significant impact on the financial performance for the period[24] - The group reported no significant contingent liabilities as of September 30, 2022, consistent with March 31, 2022[79] - The group did not declare any dividends for the six months ended September 30, 2022, consistent with the previous year[42] - The company did not purchase, sell, or redeem any of its listed securities during the six months ended September 30, 2022[85] - No significant events requiring disclosure have occurred after September 30, 2022, up to the date of this report[99]

Financial Performance - Revenue for the three months ended June 30, 2022, was HKD 120,589,000, a slight increase from HKD 119,208,000 in the same period of 2021, representing a growth of 1.16%[5] - Gross profit for the same period was HKD 12,646,000, compared to HKD 9,226,000 in 2021, indicating a significant increase of 37.5%[5] - The profit before tax increased to HKD 7,906,000 from HKD 6,219,000, reflecting a growth of 27.2% year-over-year[5] - The net profit for the period was HKD 4,873,000, down from HKD 6,577,000 in the previous year, a decrease of 26%[5] - The basic and diluted earnings per share were HKD 0.54, compared to HKD 0.76 in the same quarter of 2021, a decline of 28.95%[5] - The total comprehensive income for the period was a loss of HKD 11,243,000, compared to a gain of HKD 10,218,000 in the previous year, indicating a significant shift in performance[7] - The company reported a foreign exchange loss of HKD 16,116,000 due to currency fluctuations, contrasting with a gain of HKD 3,641,000 in the same period last year[7] - The company recorded a pre-tax profit of HKD 4,412,000 for the three months ended June 30, 2022, compared to HKD 6,220,000 for the same period in 2021, reflecting a decrease of approximately 29%[26] - The group recorded a profit attributable to owners of approximately HKD 4,412,000 for the three months ended June 30, 2022, down from HKD 6,220,000 in the same period of 2021[42] Assets and Liabilities - Total assets as of June 30, 2022, amounted to HKD 240,613,000, with total liabilities of HKD 21,501,000, resulting in total equity of HKD 219,112,000[11] - Cash and cash equivalents decreased by approximately 37% to HKD 61,235,000 as of June 30, 2022, compared to HKD 97,788,000 in 2021[43] - The group's borrowings amounted to approximately HKD 38,587,000 as of June 30, 2022, compared to HKD 28,602,000 in 2021[44] - The capital debt ratio increased to approximately 29% as of June 30, 2022, compared to about 10% in 2021[46] Revenue Sources - For the three months ended June 30, 2022, the total revenue from renewable energy business was approximately HKD 120,589,000, a slight increase from HKD 119,208,000 in the same period of 2021[29] - The total installed capacity of contracts signed during the reporting period was 715.58 MW[29] - The company did not declare or pay any dividends for the three months ended June 30, 2022, consistent with the previous year[27] Expenses - Employee benefits expenses (excluding directors and key management personnel) amounted to HKD 1,940,000, up from HKD 1,342,000 in the previous year, representing an increase of approximately 44.7%[26] - Administrative and other operating expenses increased by approximately 21% to HKD 7,787,000 for the three months ended June 30, 2022, compared to HKD 6,420,000 in 2021[40] - The income tax expense for the current period in China was HKD (3,033,000), compared to HKD 358,000 in the same period of 2021[23] Business Operations and Strategy - The company continues to focus on renewable energy business operations primarily in China, with no significant changes in accounting policies affecting the financial results[13][17] - The company is currently evaluating the impact of new accounting standards on its financial performance but has not identified any significant financial impact as of now[17] - The company aims to enhance product performance and reduce electricity costs while promoting healthy development in the photovoltaic industry[32] - The company is leveraging big data analysis and AI control technology to create a digital and intelligent photovoltaic tracking control platform[32] - The company has developed a floating solar photovoltaic system suitable for frozen water surfaces, utilizing materials based on the actual usage environment[34] - The group is focused on developing floating photovoltaic supports for marine environments, using materials resistant to complex environmental conditions[35] - The company aims to become a globally influential enterprise in the solar energy sector, promoting green ecological intelligent photovoltaic power stations[35] Shareholder Information - As of June 30, 2022, the major shareholder, Zhenjie Limited, holds 224,380,000 shares, representing 27.43% of the total shares[57] - Victory Stand International Limited owns 206,000,000 shares, accounting for 25.18% of the total shares[58] - The beneficial ownership of Zhenjie Limited is primarily held by Mr. Wu Jianong, who owns 96% of its issued share capital[57] - The beneficial ownership of Victory Stand is held by Mr. Hu Qichu (73.88%), Ms. Huang Huiling (17.41%), and Mr. Lei Hongren (8.71%)[58] - No share options have been granted under the share option scheme since its adoption on November 2, 2013, and there are no outstanding share options as of June 30, 2022[59] Compliance and Governance - The company has established an audit committee in compliance with GEM Listing Rules, responsible for reviewing financial systems and accounting policies[63] - All directors confirmed compliance with the trading code for securities transactions during the three months ending June 30, 2022[62] - The company has not disclosed any additional interests or short positions in shares or related securities as of June 30, 2022[55] - The company has adhered to applicable accounting standards and regulations in preparing its financial reports[63] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ending June 30, 2022[63]

ANNUAL REPORT 2022 年報 Tonking New Energy Group Holdings Limited 同景新能源集團控股有限公司 TK NEW ENERGY Tonking New Energy Group Holdings Limited 同景新能源集團控股有限 公 司 * (於開曼群島註冊成立之有限公司) (股份代號: 8326) 2022 年報 基供識別 目錄 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司可能帶有較高投資風險的中小型公司提供一個上市的市場。 有意投資之人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的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，在GEM買賣之證券可能會較於聯交所主板買賣之證券承受較大的市 場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所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。 本報告之資料乃遵照聯交所GEM證券上市 ...

Financial Performance - For the three months ended December 31, 2021, the revenue was HKD 66,287,000, a decrease of 22.2% compared to HKD 84,993,000 for the same period in 2020[7]. - The gross profit for the nine months ended December 31, 2021, was HKD 23,961,000, compared to a gross loss of HKD 4,846,000 for the same period in 2020[7]. - The net profit attributable to the owners of the company for the three months ended December 31, 2021, was HKD 777,000, down 46.7% from HKD 1,458,000 in the same period of 2020[9]. - The total comprehensive income for the three months ended December 31, 2021, was HKD 6,664,000, compared to HKD 13,697,000 for the same period in 2020, representing a decrease of 51.3%[9]. - The basic and diluted earnings per share for the three months ended December 31, 2021, was HKD 0.09, down from HKD 0.18 in the same period of 2020[9]. - The company reported a total revenue of HKD 219,417,000 for the nine months ended December 31, 2021, an increase of 47.7% compared to HKD 148,483,000 for the same period in 2020[7]. - The company’s total comprehensive income for the nine months ended December 31, 2021, was HKD 18,916,000, compared to HKD 20,437,000 for the same period in 2020, indicating a slight decrease of 7.4%[9]. - The group reported a pre-tax profit of HKD 777,000 for the three months ended December 31, 2021, compared to a loss of HKD 1,458,000 in the same period of 2020[23]. Revenue and Income Sources - Revenue from construction contracts for the nine months ended December 31, 2021, was HKD 219,417,000, an increase of 47.7% compared to HKD 148,483,000 for the same period in 2020[21]. - Interest income for the nine months ended December 31, 2021, was HKD 775,000, significantly up from HKD 21,000 in the same period of 2020[21]. - The group’s other income for the nine months ended December 31, 2021, totaled HKD 11,335,000, compared to HKD 6,412,000 for the same period in 2020, representing a growth of 76.5%[21]. Expenses and Costs - The company’s financing costs for the three months ended December 31, 2021, were HKD 1,039,000, compared to HKD 749,000 for the same period in 2020, reflecting an increase of 38.7%[7]. - The company’s administrative and other operating expenses for the three months ended December 31, 2021, were HKD 9,352,000, an increase from HKD 8,937,000 in the same period of 2020[7]. - The total cost of contracts, including construction materials and labor costs, was HKD 195,456,000 for the nine months ended December 31, 2021, up from HKD 137,121,000 in the same period of 2020[23]. - Administrative and other operating expenses totaled approximately HKD 22,554,000, an increase of about 8.8% from HKD 20,736,000 in the previous year[43]. Assets and Liabilities - The company’s total assets as of December 31, 2021, were reported at HKD 254,900,000, an increase from HKD 221,787,000 as of December 31, 2020[14]. - As of December 31, 2021, the group's cash and cash equivalents were approximately HKD 47,213,000, an increase of about 93.3% compared to HKD 24,428,000 as of March 31, 2021[50]. - The group's borrowings as of December 31, 2021, were approximately HKD 29,109,000, with short-term bank loans incurred during the period at an annual interest rate of 5.5%[51]. - The capital debt ratio as of December 31, 2021, was approximately 28%, up from about 14% as of March 31, 2021[52]. Shareholder Information - The company did not declare or pay any dividends for the nine months ended December 31, 2021[30]. - The weighted average number of shares for the nine months ended December 31, 2021, remained constant at 818,000 shares[29]. - The major shareholders include Zhenjie Limited holding 224,380,000 shares (27.43%) and Victory Stand International Limited holding 206,000,000 shares (25.18%) as of December 31, 2021[63]. - The company has not issued any new shares or securities during the reporting period[54]. Corporate Governance and Compliance - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended December 31, 2021, and believes the performance and report are in accordance with applicable accounting standards[71]. - The company has adopted the GEM Listing Rules regarding the standards of conduct for directors in trading securities[70]. - As of December 31, 2021, the company had no direct or indirect competition from its directors, controlling shareholders, or major shareholders[53]. - The company has not granted any stock options under the stock option plan since its adoption on November 2, 2013, and there were no outstanding, granted, canceled, or expired options as of December 31, 2021[69]. Business Development and Strategy - The company is focused on enhancing product performance and reducing electricity costs to promote affordable grid access[36]. - The group has developed a floating substation installation platform with dual buoyancy protection for water surface photovoltaic projects[38]. - The company aims to become a globally influential enterprise in the solar energy sector, aligning with carbon peak and carbon neutrality goals by 2030 and 2060 respectively[38]. - The group is innovating various tracking control systems to meet diverse customer needs, enhancing installation and operational efficiency[38]. - The total installed capacity of contracts signed during the reporting period reached 325.01 MW[41]. - The group signed new contracts for various photovoltaic projects, including a 200 MW project in Yinchuan and a 150 MW project in Yichun[35]. Accounting Standards - The group applied new and revised Hong Kong Financial Reporting Standards during the reporting period, which did not have a significant impact on financial performance[20].

Financial Performance - For the six months ended September 30, 2021, the group reported revenue of HKD 153,130,000, an increase of 11.7% compared to HKD 137,005,000 for the same period in 2020[5] - The gross profit for the same period was HKD 16,125,000, representing a gross margin of 10.5%, compared to HKD 7,348,000 and a gross margin of 5.4% in 2020[5] - The net profit attributable to owners of the company for the six months was HKD 8,225,000, a significant recovery from a loss of HKD 7,201,000 in the previous year[5] - Basic and diluted earnings per share for the six months were HKD 1.00, compared to a loss per share of HKD 0.88 in the same period last year[7] - The company reported a total comprehensive income of HKD 12,252,000 for the six months, compared to HKD 6,740,000 in the previous year, marking an increase of 81.5%[7] - The group reported a pre-tax profit of HKD 8,225,000 for the six months ended September 30, 2021, compared to a loss of HKD 7,201,000 for the same period in 2020[41] - The group recorded a net profit attributable to the owners of the company of approximately HKD 8,225,000 for the six months ended September 30, 2021, compared to a loss of HKD 7,201,000 in the same period of 2020[72] Assets and Liabilities - Total current assets increased to HKD 390,134,000 from HKD 337,243,000 as of March 31, 2021, reflecting a growth of 15.7%[10] - Current liabilities rose to HKD 172,187,000 from HKD 145,893,000, indicating an increase of 18.0%[10] - The total assets less current liabilities amounted to HKD 261,922,000, up from HKD 235,989,000, showing a growth of 11.0%[12] - The company’s total equity increased to HKD 235,989,000 as of September 30, 2021, compared to HKD 221,787,000 at the end of the previous period[16] - The group’s debt amounted to approximately HKD 28,568,000 as of September 30, 2021, compared to HKD 28,233,000 as of March 31, 2021[75] - The capital-to-debt ratio was approximately 20% as of September 30, 2021, up from about 14% as of March 31, 2021[76] Cash Flow - The company reported a net cash inflow from operating activities of HKD 29,357,000 for the six months ended September 30, 2021, compared to a net cash outflow of HKD 20,670,000 in the same period of 2020[18] - The total cash and cash equivalents increased by HKD 43,248,000, reaching HKD 67,676,000 at the end of the period, compared to HKD 49,064,000 at the end of the previous period[18] - Cash and cash equivalents increased by approximately 177.0%, amounting to HKD 67,676,000 as of September 30, 2021, compared to HKD 24,428,000 as of March 31, 2021[74] Revenue Segments - Revenue from the renewable energy segment in mainland China was HKD 153,130,000, significantly up from HKD 63,490,000 in the same period last year, indicating a growth of approximately 141%[28] - For the six months ended September 30, 2021, the revenue from construction contracts was HKD 153,130,000, a significant increase of 141.8% compared to HKD 63,490,000 for the same period in 2020[32] - The renewable energy business segment generated total revenue of approximately HKD 153,130,000, primarily from providing one-stop value-added solutions for photovoltaic power stations and selling patented photovoltaic tracking fixed bracket systems[58] Expenses - The group’s total costs related to construction materials and supplies for the six months ended September 30, 2021, were HKD 121,976,000, significantly higher than HKD 53,228,000 for the same period in 2020[33] - Administrative and other operating expenses totaled approximately HKD 13,202,000 for the six months ended September 30, 2021, an increase of about 11.9% from HKD 11,799,000 in the same period of 2020[68] - Employee costs decreased by approximately 5%, amounting to HKD 2,572,000 for the six months ended September 30, 2021, compared to HKD 2,714,000 in the same period of 2020[69] - Financing costs increased by approximately 40%, totaling HKD 1,594,000 for the six months ended September 30, 2021, compared to HKD 1,135,000 in the same period of 2020[71] Shareholder Information - Mr. Wu Jianong holds 231,454,000 shares, representing 28.30% of the company's equity[85] - Zhenjie Limited, a major shareholder, owns 224,380,000 shares, accounting for 27.43% of the company's equity[89] - Victory Stand International Limited holds 206,000,000 shares, which is 25.18% of the company's equity[90] - The issued and paid-up ordinary shares as of September 30, 2021, amounted to 818,000,000 shares, with a par value of HKD 0.01 per share[51] Corporate Governance - The audit committee reviewed the unaudited condensed consolidated financial statements for the six months ended September 30, 2021, and found them compliant with applicable accounting standards[93] - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial performance for the periods reported[24] - The group did not declare any dividends for the six months ended September 30, 2021[43] Business Operations - The company operates primarily in the renewable energy sector, focusing on providing one-stop value-added solutions for photovoltaic power stations and selling patented photovoltaic tracking fixed bracket systems[25] - The group is focused on technological innovation, developing a multi-point linkage bracket system to enhance product performance and reduce electricity costs[61] - The group has developed a floating platform for water surface substations with dual buoyancy protection to meet the new demand for water surface photovoltaic projects[62] - The group aims to become a globally influential enterprise in the solar energy field, promoting green ecological intelligent photovoltaic power stations[64] Miscellaneous - The group had a loss provision for trade receivables of HKD 1,322,000 as of September 30, 2021, unchanged from April 1, 2021[46] - The group incurred a tax expense of HKD 277,000 for the six months ended September 30, 2021, compared to HKD 179,000 for the same period in 2020[37] - The group’s employee benefits expenses (excluding directors and key management personnel) for the six months ended September 30, 2021, were HKD 2,572,000, a decrease from HKD 2,714,000 in the same period of 2020[36] - The group signed new contracts for photovoltaic projects, including a 200 MW photovoltaic power generation project in Yinchuan City on April 15, 2021[58] - The total installed capacity of contracts signed during the reporting period reached 204.9 MW[58] - The group’s related party transactions included rental and utility expenses amounting to HKD 557,000 for the reporting period[54] - The company has not disclosed any significant events that occurred after September 30, 2021, up to the report date[94] - The company is headquartered in Hong Kong, with its main operating location in Tsim Sha Tsui, Kowloon[97] - The main banks for the company are HSBC, Hang Seng Bank, and China Merchants Bank[97] - The company’s website is www.tonkinggroup.com.hk[97]

Financial Performance - For the three months ended June 30, 2021, the company reported revenue of HKD 119,208,000, a significant increase from HKD 37,298,000 in the same period of 2020, representing a growth of 219%[5] - The gross profit for the same period was HKD 9,226,000, compared to HKD 6,408,000 in 2020, indicating a year-over-year increase of 44%[5] - The profit before tax increased to HKD 6,219,000 from HKD 3,589,000, reflecting a growth of 73% year-over-year[5] - The net profit for the period was HKD 6,577,000, up from HKD 2,746,000 in the previous year, marking an increase of 140%[7] - The company reported total comprehensive income of HKD 10,218,000 for the period, compared to a loss of HKD 2,228,000 in the same quarter of 2020[7] - The basic and diluted earnings per share were HKD 0.76, compared to HKD 0.27 in the prior year, representing an increase of 181%[5] - Basic earnings per share attributable to ordinary shareholders for the three months ended June 30, 2021, were approximately HKD 6,220,000, compared to HKD 2,227,000 for the same period in 2020[25] - The group recorded a profit attributable to owners of approximately HKD 6,220,000 for the three months ended June 30, 2021, compared to a profit of approximately HKD 2,227,000 in the same period of 2020[39] Income and Expenses - The company generated other income of HKD 4,173,000, which includes interest income of HKD 17,000 and other income of HKD 4,156,000[17] - The group’s pre-tax profit for the three months ended June 30, 2021, was impacted by various costs, including construction materials and subcontracting costs, which totaled HKD 109,982,000, compared to HKD 30,890,000 in the same period of 2020[19] - Contract costs for the three months ended June 30, 2021, were approximately HKD 109,982,000, a significant increase from HKD 30,890,000 in the same period of 2020[35] - Administrative and other operating expenses totaled approximately HKD 6,420,000 for the three months ended June 30, 2021, representing a 46% increase from HKD 4,401,000 in the same period of 2020[36] - Financing costs reached approximately HKD 760,000 for the three months ended June 30, 2021, compared to HKD 441,000 in the same period of 2020[38] - Employee costs decreased by about 1% to approximately HKD 1,843,000 for the three months ended June 30, 2021, from HKD 1,857,000 in the same period of 2020[36] - The group’s employee benefits expenses, excluding directors and key management personnel, amounted to HKD 1,342,000 for the reporting period, compared to HKD 1,572,000 in the same period of 2020[19] Assets and Liabilities - Cash and cash equivalents as of June 30, 2021, were approximately HKD 97,788,000, an increase of about 26% from HKD 77,658,000 as of June 30, 2020[43] - The group's borrowings as of June 30, 2021, amounted to approximately HKD 28,602,000, up from HKD 26,056,000 in the previous year[44] - The capital debt ratio as of June 30, 2021, was approximately 10%, a decrease from 14% in the same period of 2020[45] - The company's equity attributable to owners was approximately HKD 222,882,000 as of June 30, 2021, compared to approximately HKD 198,890,000 in the same period of 2020[42] Business Operations - The company continues to focus on expanding its renewable energy business in China, with no significant changes in accounting policies affecting the financial results[12] - The group signed new contracts with a total installed capacity of 108.83 MW during the reporting period, including significant projects with Xi'an Longi Clean Energy and China Datang Corporation[28] - The group is focusing on enhancing product performance and reducing electricity costs to promote healthy development in the photovoltaic industry[28] - The group has developed a multi-point linkage bracket system to improve safety and stability, utilizing advanced software for technical upgrades[31] - The group is also working on a floating substation installation platform with dual buoyancy protection to meet the growing demand for water surface power stations[32] - The company aims to become a globally influential enterprise in the solar energy sector, aligning with carbon peak and carbon neutrality goals by 2030 and 2060[34] Compliance and Governance - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance and accuracy in reporting[13] - The group did not declare or pay any dividends for the three months ended June 30, 2021, and 2020[26] - No stock options have been granted under the stock option plan since its adoption on November 2, 2013, and there are no outstanding, granted, canceled, or expired options as of June 30, 2021[59] - The company has adopted GEM Listing Rules regarding the standards of conduct for securities trading by directors, confirming compliance as of June 30, 2021[62]