Financial Performance - The group's revenue for the three months ended March 31, 2020, was HKD 29,563,000, a decrease of 27% compared to HKD 40,393,000 for the same period in 2019[6] - Gross profit for the same period was HKD 5,125,000, down 51% from HKD 10,423,000 year-on-year[6] - The operating loss for the quarter was HKD 670,000, compared to an operating profit of HKD 3,276,000 in the previous year[6] - Net profit for the period was HKD 249,000, a significant decline from HKD 3,437,000 in the prior year[6] - The company reported a foreign exchange loss of HKD 8,627,000, compared to a gain of HKD 4,726,000 in the same quarter of 2019[6] - Earnings per share for the quarter were HKD 0.04, down from HKD 0.53 in the previous year[6] - Total revenue decreased from HKD 40.4 million in Q1 2019 to HKD 29.6 million in Q1 2020, a decline of 26.8%[38] - The company reported a profit attributable to owners of HKD 249,000 in Q1 2020, down from HKD 3.437 million in Q1 2019[25] - Basic earnings per share decreased from HKD 0.53 in Q1 2019 to HKD 0.04 in Q1 2020[31] - Total profit attributable to owners was HKD 0.2 million, a significant decline from HKD 3.4 million in the same period last year[45] Revenue Breakdown - Revenue from battery packs and energy storage systems was HKD 6,906,000, a decrease of 55% from HKD 15,245,000 year-on-year[13] - Revenue from the production and sale of lithium battery products increased to HKD 7,212,000, up 37% from HKD 5,253,000 in the previous year[13] - Revenue from automotive glass repair and replacement services was HKD 10,463,000, down 9% from HKD 11,510,000 in the prior year[13] - Revenue from battery pack and energy storage systems dropped by 54.7%, from HKD 15.2 million to HKD 6.9 million[38] - Revenue from lithium battery products and automotive glass repair and replacement services increased by 37.3%, from HKD 5.3 million to HKD 7.2 million[38] Expenses and Costs - Revenue cost from battery pack and energy storage systems was HKD 4.9 million, down 54.2% from HKD 10.8 million in the same period last year[40] - Lithium battery product revenue cost increased to HKD 7.6 million from HKD 4.4 million year-on-year, resulting in a gross loss of HKD 0.4 million compared to a gross profit of HKD 0.9 million last year[40] - Automotive glass repair and replacement business revenue cost was HKD 8.3 million, slightly down from HKD 8.7 million year-on-year, with gross profit decreasing by 22.5% to HKD 2.2 million[41] - Administrative expenses decreased to HKD 5.4 million from HKD 5.8 million, primarily due to reduced costs from temporary shutdowns[44] - Government grants received amounted to HKD 464,000 in Q1 2020, down from HKD 804,000 in Q1 2019[15] Corporate Governance - The company did not recommend any dividend for the three months ended March 31, 2020, consistent with the previous year[23] - The company has maintained compliance with the corporate governance code as per GEM listing rules during the three months ending March 31, 2020[65] - The company is committed to high standards of corporate governance and transparency, which are crucial for its success and shareholder protection[65] - The company has established an audit committee in compliance with GEM listing rules, consisting of three independent non-executive directors[69] - The audit committee's main responsibilities include reviewing and supervising the group's financial reporting procedures and risk management systems[69] - The unaudited condensed consolidated financial information for the three months ended March 31, 2020, has been reviewed by the audit committee[70] Shareholder Information - As of March 31, 2020, Dr. Li Hsien-Yi holds 108,781,432 shares, representing 16.78% of the company's issued share capital[57] - The total number of unexercised share options under the stock option plan as of March 31, 2020, is 1,147,491[62] - The company did not recommend any dividend distribution for the three months ending March 31, 2020[66] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the three months ending March 31, 2020[63] - The major shareholders include Dr. Li Hsien-Yi with a personal interest of 34,141,500 shares (5.27%) and Mr. Dong Qingbo with 40,014,968 shares (6.17%)[57] - The total interest of the controlling shareholders in the company is significant, with Mr. Dong Qingbo and Dr. Li Hsien-Yi collectively holding a substantial portion[58] - The company has no knowledge of any director or controlling shareholder holding interests in competing businesses as of March 31, 2020[64] Future Developments - The company is currently evaluating the impact of new accounting standards but has not yet determined if they will have a significant effect on its performance and financial position[12] - The company is establishing a lithium battery and energy storage product manufacturing facility in Jiangsu Province, expected to commence commercial production in Q4 2020[33] - The company experienced a 50.2% revenue decline in the battery pack and energy storage systems segment due to production delays caused by the COVID-19 pandemic[38] - The company has four service centers and a fleet service team to provide automotive glass repair and replacement services[35]

腰壁泥 owe 館 橘 橘 2019 度 告 年 報 信義香港 XINYI HONG KONG XINYI AUTOMOBILE GLASS HONG KONG ENTERPRISES LIMITED 信義汽車玻璃香港企業有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 08328 香港聯合交易所有限公司（「聯交所」）GEM 的特色 GEM 的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司帶有較高投資風 險。有意投資的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 買賣的證券可能會較於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，概不對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。 本報告的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關信義汽車玻璃香港企 業有限公司（「本公司」或 ...

Financial Performance - For the nine months ended September 30, 2019, the company reported total revenue of HKD 133,615,000, an increase of 4.1% compared to HKD 127,312,000 for the same period in 2018[5]. - The gross profit for the nine months ended September 30, 2019, was HKD 34,008,000, a decrease of 5.8% from HKD 36,113,000 in the previous year[5]. - The operating profit for the nine months was HKD 13,955,000, down 67.8% from HKD 43,395,000 in the same period of 2018[5]. - The net profit for the nine months ended September 30, 2019, was HKD 15,291,000, a decrease of 59.0% compared to HKD 37,229,000 in the previous year[5]. - The company reported a basic and diluted earnings per share of HKD 2.36 for the nine months, down from HKD 6.26 in the same period of 2018[5]. - The total comprehensive income attributable to owners for the nine months was HKD 6,302,000, compared to HKD 25,954,000 in the previous year, reflecting a significant decline[5]. - The company experienced a foreign exchange loss of HKD 8,989,000 for the nine months, compared to a loss of HKD 11,275,000 in the previous year[5]. - Administrative expenses for the nine months were HKD 19,235,000, a decrease from HKD 21,183,000 in the same period of 2018[5]. Revenue Breakdown - Total revenue for the nine months ended September 30, 2019, was HKD 133.6 million, an increase of 5.0% compared to HKD 127.3 million in 2018[26]. - Revenue from battery packs and energy storage systems decreased by 9.8% to HKD 53.9 million, down from HKD 59.9 million in the same period last year[26]. - Revenue from the production and sale of lithium battery products and automotive glass services increased by 76.9% to HKD 24.5 million, compared to HKD 13.8 million in 2018[26]. - Installation and maintenance services revenue decreased by 8.8% to HKD 38.6 million, down from HKD 42.4 million in the previous year[26]. - Other revenue increased by 47.2% to HKD 16.6 million, compared to HKD 11.2 million in 2018[26]. Strategic Developments - The company has established a lithium battery production facility in Wuhu, Anhui Province, China, and is setting up another facility in Zhangjiagang, Jiangsu Province[23]. - The company has entered into an additional cooperation agreement with an insurance company in Hong Kong to provide automotive glass repair services[22]. - The company continues to evaluate new strategies for market expansion and product development to enhance future performance[5]. Shareholder Information - As of September 30, 2019, Dr. Li Hsien Yi holds 108,781,432 shares, representing 16.78% of the company's issued share capital[42]. - The total shares held by the concert party, including Dr. Li, Mr. Dong Qingbo, and others, amount to 449,005,649 shares, which is 69.28% of the company's issued share capital[42]. - Mr. Dong Qingbo has a personal interest in 8,863,200 shares, accounting for 1.37% of the issued share capital[42]. - Mr. Li Sheng Dian holds 37,739,263 shares, which is 5.82% of the issued share capital[42]. - Mr. Li Qing Huai has a stake of 17,487,129 shares, representing 2.70% of the issued share capital[42]. - Mr. Li Wen Yan holds 11,856,285 shares, accounting for 1.83% of the issued share capital[44]. - Mr. Shi Neng Shi has a total of 17,140,616 shares, which is 2.64% of the issued share capital[44]. Corporate Governance - The company has complied with the corporate governance code as per GEM Listing Rules during the nine months ending September 30, 2019[54]. - The audit committee has been established in compliance with GEM listing rules, consisting of three independent non-executive directors[55]. - The unaudited consolidated financial information for the nine months ending September 30, 2019, has been reviewed by the audit committee[55]. - The executive directors include Ms. Li Birong and Mr. Chen Zhiliang, while the non-executive directors include the chairman and Mr. Li Shenggen[55]. Dividend Policy - The company does not recommend any dividend payment for the nine months ended September 30, 2019[17].

Financial Performance - For the six months ended June 30, 2019, the company reported revenue of HKD 86,722 thousand, a decrease of 11.5% compared to HKD 97,450 thousand for the same period in 2018[11]. - The gross profit for the same period was HKD 21,589 thousand, down 15.5% from HKD 25,514 thousand in 2018[11]. - Operating profit decreased to HKD 7,215 thousand, representing a decline of 39.5% from HKD 11,932 thousand in the previous year[11]. - The net profit for the six months was HKD 8,543 thousand, down 22.5% from HKD 11,749 thousand in 2018[11]. - The company reported a basic and diluted earnings per share of HKD 0.79, down from HKD 1.15 in the same period last year[11]. - The company reported a significant increase in trade payables, which rose to HKD 63,125,000 from HKD 56,527,000, marking an increase of approximately 11.3%[15]. - The company incurred a loss of HKD 5,259,000 in comprehensive income for the six months ended June 30, 2019, compared to a profit of HKD 8,543,000 in the same period of 2018[19]. - The company’s total comprehensive income for the six months ended June 30, 2019, was HKD 7,970,000, down from HKD 5,493,000 in the same period of 2018[19]. - The group reported a net profit attributable to shareholders of HKD 8.5 million, slightly down from HKD 8.8 million in the previous year[105]. Assets and Liabilities - Total assets as of June 30, 2019, were HKD 460,086 thousand, an increase from HKD 445,156 thousand at the end of 2018[13]. - The company's equity attributable to owners increased to HKD 384,514 thousand from HKD 376,474 thousand at the end of 2018[13]. - Total liabilities increased to HKD 75,572,000 as of June 30, 2019, compared to HKD 68,682,000 as of December 31, 2018, representing an increase of approximately 10.3%[15]. - Current liabilities rose to HKD 68,413,000 from HKD 68,276,000, showing a slight increase of 0.2%[15]. - Total equity and liabilities amounted to HKD 460,086,000 as of June 30, 2019, up from HKD 445,156,000 as of December 31, 2018, indicating a growth of approximately 3.3%[15]. - The company's trade receivables as of June 30, 2019, amounted to HKD 31,396,000, an increase of 63.8% from HKD 19,176,000 as of December 31, 2018[68]. - The company's contract assets were nil as of June 30, 2019, compared to HKD 6,533,000 as of December 31, 2018[68]. - Trade payables to third parties amounted to HKD 23,279,000, while payables to related companies were HKD 3,053,000, totaling HKD 26,332,000 as of June 30, 2019, compared to HKD 8,996,000 at the end of 2018, indicating a significant increase[78]. - The company reported a current portion of liabilities of HKD 63,125,000 as of June 30, 2019, compared to HKD 56,527,000 at the end of 2018, showing an increase of approximately 12%[78]. Cash Flow and Investments - Operating cash flow for the six months ended June 30, 2019, was HKD 15,101,000, a significant improvement from a cash outflow of HKD 23,254,000 in the same period of 2018[20]. - Cash and cash equivalents at the end of the period were HKD 213,432,000, compared to HKD 188,082,000 at the end of June 30, 2018, reflecting an increase of 13.5%[20]. - The company reported a net cash outflow from investing activities of HKD 12,742,000 for the six months ended June 30, 2019, compared to HKD 1,837,000 in the same period of 2018[20]. - The company’s cash flow from financing activities showed a net outflow of HKD 2,805,000 for the six months ended June 30, 2019, compared to a net inflow of HKD 173,892,000 in the same period of 2018[20]. - The company has maintained cash and cash equivalents of HKD 213,432 thousand, slightly down from HKD 213,887 thousand at the end of 2018[13]. Market and Product Development - The company is focusing on expanding its market presence and enhancing its product offerings in the automotive glass sector[11]. - The company is actively exploring new technologies and product development to improve operational efficiency and customer satisfaction[11]. - The company has been actively developing lithium battery products, with a focus on energy storage systems, and is recognized as one of the top ten energy storage technology providers in China as of 2018[91]. - The lithium battery energy storage market is expected to experience rapid growth over the next five years, indicating significant future potential for the company's products[91]. - The company continues to expand its research and development efforts in lithium battery products, aiming to provide comprehensive power product applications and technical solutions[91]. - The management's discussion highlighted the importance of ongoing product enhancement and new product development to seize market opportunities as a key direction for future growth[91]. Shareholder Information - The major shareholder, Dr. Li Xianyi, holds 108,781,432 shares (16.78%) and 34,141,500 shares (5.27%) through Realbest Investment Limited and a joint account with his spouse, respectively[135]. - Mr. Dong Qingbo owns 40,014,968 shares (6.17%) through High Park Technology Limited and 8,863,200 shares (1.37%) through a joint account with his spouse[136]. - The company has a total of 449,005,649 shares (69.28%) held by concert parties, indicating significant control by a group of shareholders[131]. - The company has a total of 85,088 unexercised share options held by each of Ms. Li Birong and Mr. Chen Zhiliang, representing 0.01% of the issued shares[128]. - The shareholders' agreement grants priority purchase rights among parties if any party intends to sell shares allocated from Xinyi Glass[135]. Corporate Governance - The company has established an audit committee to review and supervise financial reporting procedures and risk management, consisting of three independent non-executive directors[144]. - The company has complied with the corporate governance code as per GEM listing rules throughout the six-month period ending June 30, 2019[142]. - The company has adopted a code of conduct for securities trading by directors, which is in line with GEM Listing Rules[129]. - As of June 30, 2019, the company is not aware of any violations of the securities trading standards by its directors[129]. - There were no known interests held by directors or their associates in any business that competes directly or indirectly with the company as of June 30, 2019[141].

Financial Performance - The group reported revenue of HKD 40,393,000 for the three months ended March 31, 2019, representing a 50.0% increase from HKD 26,960,000 in the same period of 2018[6]. - Gross profit for the period was HKD 10,423,000, up from HKD 7,526,000, resulting in a gross margin of 25.8% compared to 27.9% in the previous year[6]. - Operating profit increased to HKD 3,276,000, a rise of 12.8% from HKD 2,904,000 in the prior year[6]. - The net profit for the period was HKD 3,437,000, compared to HKD 1,902,000 in the same quarter of 2018, marking an increase of 80.8%[6]. - The company reported a basic and diluted earnings per share of HKD 0.53, up from HKD 0.34 in the previous year[6]. - The total comprehensive income attributable to owners of the company was HKD 8,163,000, compared to HKD 9,327,000 in the previous year[6]. - Basic earnings per share for the three months ended March 31, 2019, was HKD 0.53, compared to HKD 0.34 in the same period of 2018[20]. - Diluted earnings per share for the same period was also HKD 0.53, reflecting an increase from HKD 0.34 in 2018[23]. Revenue Breakdown - Revenue from battery packs and energy storage systems was HKD 15,245,000, an increase from HKD 11,133,000, reflecting a growth of 37.0%[12]. - Sales of lithium battery products surged to HKD 5,253,000 from HKD 857,000, indicating a significant increase of 514.0%[12]. - The sales of automotive glass and installation services decreased slightly to HKD 11,510,000 from HKD 12,485,000, a decline of 7.8%[12]. - The sales of battery packs and energy storage systems contributed HKD 15.2 million, accounting for 37.8% of total revenue, up from HKD 11.1 million (41.3%) in 2018[33]. - The production and sales of lithium battery products generated HKD 5.3 million, a significant increase of 512.9% from HKD 0.9 million in the previous year[33]. - Forklift trading revenue reached HKD 7.9 million, representing 19.4% of total revenue, up from HKD 1.9 million (7.0%) in 2018[33]. Costs and Expenses - Revenue cost from battery pack and energy storage systems was HKD 10.8 million, up from HKD 8.1 million in 2018, while lithium battery product revenue cost increased to HKD 4.4 million from HKD 0.7 million[35]. - Gross profit decreased by 26.2% to approximately HKD 2.8 million for the three months ended March 31, 2019, down from HKD 3.8 million in the same period of 2018, primarily due to reduced revenue[35]. - Administrative expenses rose to approximately HKD 5.8 million from HKD 4.7 million, mainly due to an increase in R&D costs by HKD 0.4 million and employee compensation by HKD 0.6 million[37]. - Sales and marketing costs decreased by approximately HKD 0.5 million due to reduced employee benefits expenses related to business activities[37]. - The company maintained a stable cost of HKD 8.7 million for automotive glass sales and installation services[35]. - Other revenue costs included HKD 6.1 million from forklift trading and wind farm-related business, up from HKD 1.9 million in 2018[35]. Corporate Governance and Compliance - The company adopted a code of conduct for securities trading by directors, ensuring compliance with relevant regulations[48]. - The board of directors is committed to maintaining high standards of corporate governance and compliance with the GEM Listing Rules[61]. - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting and risk management[67]. - The company has no knowledge of any director or controlling shareholder having interests in any competing business as of March 31, 2019[60]. Shareholder Information - The company’s total issued ordinary shares held by directors and their associates included 37,039,885 shares (5.71%) by Mr. Dong Qing Shi and 11,798,086 shares (1.82%) by Mr. Wu Yin He[41]. - Dr. Li Xianyi holds 108,781,432 shares, representing 16.78% of the company's issued share capital[51]. - As of March 31, 2019, Dr. Li Xianyi's personal interest includes 34,141,500 shares held jointly with his spouse[54]. - The company’s major shareholders have agreed to grant each other preemptive rights in case of share sales[54]. - The company has a total of 703,206 stock options that remain unexercised as of March 31, 2019[58]. - The company has not issued any stock options under the plan during the three months ending March 31, 2019[58]. - The company’s stock options plan was adopted on May 31, 2017, and is valid for ten years[58]. Strategic Developments - The company has established a technical team to develop, operate, and maintain wind farms, enhancing its renewable energy portfolio[29]. - The company is engaged in the development and sales of lithium battery energy storage facilities, which were delivered for sale in the first quarter of 2018[28]. - The company has formed a collaborative arrangement with two customers in the forklift production sector, enhancing sales of lithium battery products[28]. Dividend Policy - The company did not recommend an interim dividend for the three months ended March 31, 2019, consistent with no dividend in the same period of 2018[16].

XINYI AUTOMOBILE GLASS HONG KONG ENTERPRISES LIMITED 信義汽車玻璃香港企業有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 08328 2018 # 搜索形 香港聯合交易所有限公司（「聯交所」）GEM 的特色 GEM 的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司帶有較高投資風 險。有意投資的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 買賣的證券可能會較於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，概不對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。 本報告的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關信義汽車玻璃香港企 業有限公司（「本公司」或「信義香港」）的資料；本公司的董事（「董事」）願就本報告的資料共同及個別地 ...