Financial Performance - For the year ended December 31, 2023, the company reported total revenue of RMB 244.688 million, a decrease of 67.7% compared to RMB 757.901 million in 2022[4] - The gross profit for the year was RMB 371 thousand, compared to a gross loss of RMB 15.577 million in the previous year[4] - The company incurred a loss before tax of RMB 56.841 million, which is an increase of 77.6% from the loss of RMB 32 million in 2022[4] - The net loss for the year was RMB 60.585 million, compared to a net loss of RMB 25.643 million in 2022, representing an increase of 136.5%[4] - The company reported a basic and diluted loss per share of RMB 6.53, compared to RMB 2.34 in the previous year, indicating a worsening of financial performance[6] - The company recorded a loss of RMB 60.8 million, reflecting significant financial challenges[60] - The group recorded a loss attributable to the owners of approximately RMB 60.2 million for the year, compared to a loss of RMB 21.5 million in the same period of 2022, primarily due to increased impairment losses on property, plant, and equipment[75] Assets and Liabilities - Total assets decreased to RMB 358.849 million in 2023 from RMB 392.610 million in 2022, a decline of 8.6%[7] - The company's total liabilities increased to RMB 288.312 million in 2023, up from RMB 257.095 million in 2022, reflecting an increase of 12.2%[8] - The net asset value decreased significantly to RMB 70.537 million in 2023 from RMB 135.515 million in 2022, a drop of 47.9%[8] - As of December 31, 2023, the company's net current liabilities amounted to RMB 44,206,000[96] - Total borrowings were RMB 78,098,000, with RMB 68,518,000 due within the next twelve months[96] - There was a default on loans totaling RMB 54,062,000 due to delayed repayments[98] Revenue Breakdown - The company reported a total revenue of RMB 244,688,000 for wire and cable production and sales, a decrease of 67.7% from RMB 757,901,000 in the previous year[34] - Revenue from aluminum product production and sales was RMB 53,986,000, down 86.2% from RMB 391,067,000 in the previous year[35] - Other income decreased from approximately RMB 24.8 million in 2022 to about RMB 8.6 million in 2023, primarily due to reduced government subsidies[69] Cash Flow and Financing - The company’s cash and cash equivalents increased to RMB 1.409 million in 2023 from RMB 703 thousand in 2022, showing a growth of 100.1%[7] - The company’s interest expenses on bank and other borrowings were RMB 6,468,000, a decrease of 36.1% from RMB 10,219,000[38] - Financing costs decreased to RMB 7,308,000 from RMB 10,695,000, reflecting a reduction of 31.3%[38] Trade Receivables and Payables - Trade receivables increased to RMB 156,510,000 in 2023 from RMB 127,598,000 in 2022, representing a growth of approximately 22.6%[45] - The expected credit loss provision for trade receivables rose to RMB 13,482,000 in 2023 from RMB 8,245,000 in 2022, an increase of 63.5%[45] - Trade payables rose to RMB 95,435,000 in 2023 from RMB 53,900,000 in 2022, marking an increase of 77.4%[50] Operational Focus and Strategy - The company plans to continue focusing on the production and sales of wires and cables, as well as aluminum products, in the Chinese market[10] - The company is focusing on expanding its domestic market and enhancing its product offerings to meet changing customer demands[63] - Continued investment in research and development is planned to maintain technological advancement and improve product performance[63] - The company aims to enhance operational efficiency through process streamlining and investment in automation and digitalization[63] - Strengthening risk management processes and internal controls is a priority to mitigate potential risks and ensure compliance[62] Accounting and Compliance - The application of the revised Hong Kong Accounting Standard No. 12 resulted in a decrease in income tax credits by RMB 6, leading to an increase in net loss for the year by RMB 6[22] - The adjustments made due to the revised accounting standards did not have a significant impact on the company's financial position and performance[19] - The independent auditor confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2023[95] - The company has established an audit committee consisting of three independent non-executive directors[92] - The audit committee is responsible for reviewing the effectiveness of internal controls and risk management systems[93] Employee and Operational Metrics - The total employee benefit expenses for the year ended December 31, 2023, were approximately RMB 9.6 million, compared to RMB 14.8 million for the year ended December 31, 2022[81] - The group employed a total of 116 full-time employees as of December 31, 2023, down from 183 full-time employees in 2022[81]

Financial Performance - The company's revenue for the year ended December 31, 2023, was RMB 244.688 million, a decrease of 67.7% compared to RMB 757.901 million in 2022[4] - The gross profit for the year was RMB 371 thousand, compared to a gross loss of RMB 15.577 million in the previous year[4] - The net loss for the year was RMB 60.585 million, which is an increase of 136.3% from a net loss of RMB 25.643 million in 2022[4] - The company reported a basic and diluted loss per share of RMB 6.53 for 2023, compared to RMB 2.34 for 2022[6] - The company incurred a pre-tax loss of RMB 60,044,000, compared to a loss of RMB 21,542,000 in the previous year, indicating a significant increase in losses[43] - The group recorded a loss attributable to the owners of approximately RMB 60.2 million for the year, compared to a loss of RMB 21.5 million in the same period of 2022, primarily due to increased impairment losses on property, plant, and equipment of approximately RMB 7.8 million[74] - The company reported a net loss of RMB 60,585,000 for the fiscal year ending December 31, 2023[95] Assets and Liabilities - The total assets decreased to RMB 358.849 million in 2023 from RMB 392.610 million in 2022, reflecting a decline of 8.6%[7] - The total liabilities increased to RMB 288.312 million in 2023 from RMB 257.095 million in 2022, representing an increase of 12.2%[8] - The company has a total equity of RMB 70.537 million in 2023, down from RMB 135.515 million in 2022, a decrease of 47.9%[8] - The company's net current liabilities amounted to RMB 44,206,000[95] - Total borrowings were RMB 78,098,000, with RMB 68,518,000 due within the next twelve months[95] - There was a default on loans totaling RMB 54,062,000 due to delayed repayments[97] Cash Flow and Financing - The company's cash and cash equivalents increased to RMB 1.409 million in 2023 from RMB 703 thousand in 2022, showing a growth of 100.1%[7] - As of December 31, 2023, the group's cash and cash equivalents amounted to approximately RMB 1.4 million, an increase from RMB 0.7 million as of December 31, 2022[76] - The group has a loan agreement with Guangyuan City for RMB 34,000,000, with an outstanding principal of RMB 31,039,000 as of December 31, 2023[48] - The company's total financing costs included RMB 6,468,000 in interest expenses from bank and other borrowings, down 36.0% from RMB 10,219,000[37] - Financing costs decreased to RMB 7,308,000 from RMB 10,695,000, reflecting a reduction of 31.3%[37] Revenue Breakdown - The company reported a total revenue of RMB 244,688,000 for wire and cable production and sales, a decrease of 67.7% from RMB 757,901,000 in the previous year[33] - Revenue from aluminum product production and sales was RMB 53,986,000, down 86.2% from RMB 391,067,000 in the previous year[34] - Other income decreased from approximately RMB 24.8 million in 2022 to about RMB 8.6 million in 2023, primarily due to reduced government subsidies[68] Expenses and Cost Management - Sales costs decreased from RMB 773.5 million in 2022 to RMB 244.3 million in 2023, a reduction of RMB 529.2 million or 68.4%[66] - The gross loss for 2023 was approximately RMB 0.4 million, with a gross margin of 0.2%, compared to a gross loss of RMB 15.6 million and a gross margin of approximately 2.1% in 2022[67] - Selling and distribution expenses decreased by RMB 3.7 million or 66.1% in line with the decline in revenue[69] - Administrative and other expenses increased by RMB 20.4 million or 92.7% to RMB 42.4 million, mainly due to a loss on the sale of property, plant, and equipment[71] Trade Receivables and Payables - Trade receivables increased to RMB 156,510,000 in 2023 from RMB 127,598,000 in 2022, representing a growth of approximately 22.6%[44] - The expected credit loss provision for trade receivables rose to RMB 13,482,000 in 2023 from RMB 8,245,000 in 2022, an increase of 63.5%[44] - Trade payables increased to RMB 95,435,000 in 2023 from RMB 53,900,000 in 2022, reflecting an increase of 77.4%[49] Accounting Policies and Standards - The application of the revised Hong Kong Accounting Standard No. 12 resulted in a decrease in income tax credits by RMB 6, leading to an increase in net loss for the year by RMB 6[21] - The revised accounting policies did not have a significant impact on the company's financial position and performance, but affected the disclosure of accounting policies[18] - The company has retrospectively applied new accounting policies for lease transactions effective from January 1, 2022[17] Strategic Focus and Future Plans - The company plans to continue focusing on the production and sales of wires and cables, as well as aluminum products in the Chinese market[10] - The company is focusing on expanding its domestic market and enhancing its product offerings to meet changing customer demands[62] - Continued investment in research and development is planned to maintain technological advancement and improve product performance[62] - The company aims to enhance operational efficiency through process streamlining and investment in automation and digitalization[62] Governance and Compliance - The independent auditor confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2023[94] - The company has established an audit committee consisting of three independent non-executive directors[92] - The audit committee is responsible for reviewing the effectiveness of internal controls and risk management systems[92] - The group had no significant contingent liabilities as of December 31, 2023[78] Employee and Operational Metrics - Employee benefit expenses for the year ended December 31, 2023, were approximately RMB 9.6 million, down from approximately RMB 14.8 million for the year ended December 31, 2022[80] - The group employed a total of 116 full-time employees as of December 31, 2023, down from 183 full-time employees in the previous year[80]

Financial Performance - For the nine months ended September 30, 2023, the company's revenue was RMB 166,194,000, a decrease of 64.7% compared to RMB 470,361,000 for the same period in 2022[6] - The gross profit for the nine months ended September 30, 2023, was RMB 798,000, compared to a gross loss of RMB 12,893,000 in the same period of 2022[6] - The net loss for the nine months ended September 30, 2023, was RMB 24,229,000, slightly improved from a net loss of RMB 24,868,000 in the same period of 2022[6] - The company reported a basic and diluted loss per share of RMB 2.52 for the nine months ended September 30, 2023, compared to RMB 2.28 for the same period in 2022[8] - Total comprehensive loss for the nine months ended September 30, 2023, was RMB 24,337,000, compared to RMB 24,938,000 for the same period in 2022[8] - For the nine months ended September 30, 2023, the company reported a loss of RMB 23,170,000, compared to a loss of RMB 21,006,000 for the same period in 2022, indicating a year-over-year increase in losses of approximately 10.3%[10] Revenue Breakdown - Revenue from the production and sales of wires and cables for the nine months ended September 30, 2023, was RMB 164,021,000, a decrease of 4.9% from RMB 171,857,000 in the same period of 2022[21] - Revenue from aluminum products for the nine months ended September 30, 2023, was RMB 2,173,000, a significant decline from RMB 298,504,000 in the same period of 2022, representing a decrease of approximately 99.3%[21] - Total revenue for the nine months ended September 30, 2023, was RMB 166,194,000, down 64.7% from RMB 470,361,000 in the same period of 2022[21] Other Income and Expenses - Other income and gains for the nine months ended September 30, 2023, amounted to RMB 5,917,000, down from RMB 15,422,000 in the same period of 2022[6] - Administrative and other expenses increased to RMB 29,145,000 for the nine months ended September 30, 2023, compared to RMB 16,201,000 in the same period of 2022[6] - Financing costs decreased to RMB 6,673,000 for the nine months ended September 30, 2023, from RMB 10,527,000 in the same period of 2022[6] - The company experienced a foreign exchange loss of RMB 108,000 for the nine months ended September 30, 2023, compared to a loss of RMB 70,000 in the same period of 2022[6] - Selling and distribution expenses decreased by RMB 313.3 million or 69.2% compared to the same period in 2022, attributed to lower sales and marketing revenues[47] - Administrative and other expenses increased from RMB 16.2 million to RMB 29.1 million, an increase of RMB 12.9 million or 79.6%, primarily due to losses from the disposal of assets related to the aluminum cast rolled products production line[48] Equity and Shareholder Information - The company’s total equity as of September 30, 2023, was RMB 111,172,000, a decrease from RMB 135,509,000 as of January 1, 2023[10] - The company’s non-controlling interests as of September 30, 2023, were RMB 22,644,000, down from RMB 27,804,000 as of January 1, 2023[10] - As of September 30, 2023, the largest shareholder, Mr. Dang, holds 351,280,000 shares, representing 38.18% of the total shares[63] - Mr. Wang holds 99,760,000 shares, accounting for 10.84% of the total shares[63] Corporate Governance - The chairman and CEO roles are held by the same individual, which deviates from corporate governance code C.2.1, but the board believes this is appropriate for maximizing the company's interests[58] - The company has adopted the GEM Listing Rules for directors' securities trading conduct and confirmed compliance with these rules[60] - The board consists of experienced members, including three independent non-executive directors, ensuring a balance of power and authority[58] - The company has appointed a compliance advisor in accordance with GEM Listing Rules[61] Future Outlook and Strategy - The company aims to improve operational efficiency and explore new market opportunities in the upcoming quarters[6] - The company plans to invest in the new energy sector by establishing production lines for carbon nanotubes and conductive agents in Bazhong, Sichuan, with trial production expected to start around March next year[55] - Demand for wires and cables is expected to grow due to increasing applications in industries such as automotive, construction, and telecommunications[39] - Continued government investment in infrastructure development is anticipated to drive demand for wires and cables, particularly for projects related to the power grid and 5G networks[39] - The adoption of renewable energy technologies, such as wind and solar, is expected to provide significant growth opportunities for wire and cable manufacturers[39] Compliance and Reporting - The company has not reported any significant changes in accounting policies for the nine months ended September 30, 2023, compared to the previous periods[14] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended September 30, 2023, and believes they comply with applicable accounting standards and GEM listing rules[75] - The group did not declare an interim dividend for the nine months ended September 30, 2023, compared to no dividend declared in the same period of 2022[33] - No major shareholders or directors have interests in any competing businesses as of September 30, 2023[70] - The company has not disclosed any new product developments or market expansion strategies in the provided documents[62] - The company has not granted, exercised, canceled, or expired any stock options under the stock option plan since its listing date until the report date, with a total of 80,000,000 shares authorized for grant[72] - As of September 30, 2023, the company has not disclosed any significant events that require disclosure after this date[73]

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告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不對因本公告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。 China Saftower International Holding Group Limited 中國蜀塔國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8623） 截至二零二三年九月三十日止九個月第三季度業績公告 中國蜀塔國際控股集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然 公佈本公司及其附屬公司截至二零二三年九月三十日止九個月的未經審核綜 合業績。本公告載列本公司截至二零二三年九月三十日止九個月之第三季度報 告（「第三季度報告」）全文，並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」）內有關第三季度業績初步公告附載資料的相關規定。第三 季度報告之印刷版本將遵照GEM上市規則的規定，於實際可行情況下盡快寄發 予本公司股東，並於本公司網站www.saftower.cn及聯交所網站www.hkexnews.hk 刊載。 承董事會命 中國蜀塔國際控 ...

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之任何損失承擔任何責任。 China Saftower International Holding Group Limited 中國蜀塔國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8623） 有關截至二零二二年十二月三十一日止年度之年度報告之補充公佈 茲提述中國蜀塔國際控股集團有限公司（「本公司」）於二零二三年三月三十一 日刊發截至二零二二年十二月三十一日止年度的年度報告（「年報」）。除另有 界定者外，本公佈所用詞彙與年報所界定者具有相同涵義。 本公佈乃旨在為年報提供補充資料而作出。 有關應收貸款的補充資料 除年報綜合財務報表附註22所披露的資料外，董事會謹此提供有關人民幣34.5 百萬元貸款（「應收貸款」）的額外資料。 應收貸款涉及兩筆無抵押貸款： (1) 前哨貸款 根據廣元蜀塔電纜有限公司（「廣元蜀塔」，本公司的一間間接全資附屬公司） ...

Financial Performance - For the six months ended June 30, 2023, the company reported revenue of RMB 131,192,000, a decrease of 62.5% compared to RMB 349,490,000 for the same period in 2022[8] - The cost of sales for the same period was RMB 130,964,000, resulting in a gross profit of RMB 228,000, compared to a gross loss of RMB 5,978,000 in 2022[8] - The company incurred a loss before tax of RMB 13,491,000, slightly improved from a loss of RMB 14,523,000 in the previous year[8] - The net loss for the period was RMB 11,385,000, compared to RMB 12,984,000 in the same period last year, indicating a reduction in losses by approximately 12.3%[8] - Basic and diluted loss per share for the period was RMB 1.09, compared to RMB 1.31 for the same period in 2022[10] - Other income for the six months was RMB 1,153,000, down from RMB 12,763,000 in the previous year, reflecting a decline of 91%[8] - The company reported a total comprehensive loss of RMB 11,497,000 for the period, compared to RMB 12,954,000 in the same period last year[10] - The company reported a net loss of RMB 10,044,000 for the first half of 2023, compared to a loss of RMB 12,013,000 in the same period of 2022, indicating an improvement of approximately 16.4%[15] - The company reported a loss before income tax of approximately RMB 10,044,000 for the six months ended June 30, 2023, compared to a loss of RMB 12,013,000 for the same period in 2022, indicating a reduction in losses by about 8.1%[52] - The company recorded a loss attributable to owners of approximately RMB 10.0 million for the six months ended June 30, 2023, compared to a loss of RMB 12.0 million for the same period in 2022[85] Revenue Breakdown - For the six months ended June 30, 2023, the revenue from wire and cable production and sales was RMB 129,019 thousand, compared to RMB 113,224 thousand for the same period in 2022, representing a growth of approximately 14%[36] - The revenue from aluminum product sales for the six months ended June 30, 2023, was RMB 2,173 thousand, a significant decrease from RMB 236,266 thousand in the same period of 2022[36] - Total revenue for the six months ended June 30, 2023, was RMB 131,192 thousand, down from RMB 349,490 thousand in the same period of 2022, indicating a decline of approximately 62%[36] - Major customers contributing over 10% of total revenue included Customer A with RMB 48,070 thousand and Customer B with RMB 33,262 thousand for the six months ended June 30, 2023[33] - The revenue from aluminum wire and cable was RMB 57,678,000, down from RMB 66,178,000 in 2022, reflecting a decrease of approximately 13.5%[74] Expenses and Costs - Administrative and other expenses totaled RMB 10,187,000, remaining relatively stable compared to RMB 10,242,000 in 2022[8] - Financing costs for the six months ended June 30, 2023, were RMB 3,800 thousand, a decrease from RMB 7,983 thousand in the same period of 2022, reflecting a reduction of approximately 52%[42] - The cost of goods sold for the six months ended June 30, 2023, was RMB 130,628,000, down 63.3% from RMB 355,468,000 in the same period of 2022[45] - Selling and distribution expenses decreased by RMB 2.4 million or 72.7% for the six months ended June 30, 2023, due to reduced sales activities of aluminum rolled products[81] - Research and development costs (excluding amortization) were RMB 86,000 for the six months ended June 30, 2023, a decrease of 81.1% compared to RMB 455,000 in the same period of 2022[45] Assets and Liabilities - As of June 30, 2023, total assets decreased to RMB 348,848,000 from RMB 392,472,000 as of December 31, 2022, representing a decline of approximately 11.1%[12] - Non-current assets decreased from RMB 163,379,000 to RMB 155,471,000, a reduction of about 4.8%[12] - The company’s total liabilities decreased from RMB 251,703,000 to RMB 220,487,000, a decline of approximately 12.4%[12] - The company’s equity attributable to owners decreased from RMB 111,806,000 to RMB 101,650,000, a decline of approximately 9.1%[13] - The company’s borrowings increased to RMB 94,349,000 from RMB 113,702,000, a decrease of about 17%[12] - The company’s trade payables as of June 30, 2023, were RMB 59,540,000, an increase from RMB 53,900,000 as of December 31, 2022, reflecting an increase of 10.4%[58] Cash Flow - Cash and cash equivalents increased to RMB 1,864,000 from RMB 703,000, reflecting a growth of approximately 165.5%[17] - The net cash used in operating activities was RMB 358,000, a significant decrease from RMB 15,569,000 in the previous year[17] - As of June 30, 2023, the company's cash and cash equivalents amounted to approximately RMB 1.9 million, an increase from RMB 0.7 million as of December 31, 2022[87] Future Outlook - The company plans to continue its focus on the production and sales of wire and cable products, as well as aluminum products, in the Chinese market[18] - The company anticipates continued growth in demand for wires and cables driven by urbanization, infrastructure development, and technological advancements[72] - The Chinese government's ongoing investment in infrastructure is expected to be a significant driver for the industry, particularly in projects related to the power grid and 5G networks[72] - The company is focusing on domestic market development, which may help reduce reliance on external factors such as trade tensions and global market fluctuations[73] Corporate Governance - The company adopted the corporate governance code as per GEM Listing Rules Appendix 15 and has complied with its provisions, except for the separation of the roles of Chairman and CEO, which are held by the same individual, Mr. Dang Fei[98] - The company has appointed a compliance advisor in accordance with GEM Listing Rules, and as of June 30, 2023, there are no undisclosed interests related to the compliance advisor[101] - The board of directors consists of experienced members, including three independent non-executive directors, ensuring a balance of power and authority[98] - The company has confirmed that there are no competing interests from its controlling shareholders or directors as of June 30, 2023[108] - The company has fully complied with the trading code for directors during the six-month period ending June 30, 2023[100] Shareholder Information - As of June 30, 2023, Mr. Dang Fei holds 351,280,000 shares, representing 38.18% of the company's equity, while Mr. Wang Xiaozhong holds 99,760,000 shares, representing 10.84%[103] - The company has a significant shareholder structure, with Red Fly Investment Limited holding 38.18% of the shares, controlled by Mr. Dang Fei and Mr. Dang Jun[106] - The company has not identified any other individuals with interests in shares that require disclosure under the Securities and Futures Ordinance as of June 30, 2023[107] Compliance and Audit - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2023, and found them to comply with applicable accounting standards and GEM listing rules[112] - The company has maintained compliance with the necessary trading standards and regulations throughout the reporting period[100] Miscellaneous - The company did not declare an interim dividend for the six months ended June 30, 2023, consistent with the previous year[51] - The group did not adopt any new accounting standards that had a significant impact on the financial performance or position during the reporting period[25] - The group has not made any changes to its risk management policies since December 31, 2022[28] - The group operates primarily in China, with all revenue and non-current assets located in the region, indicating a focused market strategy[31] - The company has a stock option plan that allows for the grant of up to 80,000,000 shares as of January 1, 2023, and June 30, 2023, but no options have been granted, exercised, canceled, or lapsed since the listing date[109] - There have been no significant events requiring disclosure from June 30, 2023, to the report date[110]

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告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不對因本公告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。 China Saftower International Holding Group Limited 中國蜀塔國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8623） 截至二零二三年六月三十日止六個月中期業績公告 中國蜀塔國際控股集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然 公佈本公司及其附屬公司截至二零二三年六月三十日止六個月的未經審核綜 合業績。本公告載列本公司截至二零二三年六月三十日止六個月之中期報告 （「二零二三年中期報告」）全文，並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」）內有關中期業績初步公告附載資料的相關規定。 二零二三年中期報告之印刷版本將遵照GEM上市規則的規定，於實際可行情 況下盡快寄發予本公司股東，並於本公司網站www.saftower.cn 及聯交所網站 www.hkexnews.hk 刊載。 承董事會命 中國蜀塔國 ...

Financial Performance - For the first quarter of 2023, the company reported revenue of RMB 75,004,000, a decrease of 47.3% compared to RMB 142,115,000 in the same period of 2022[7] - The cost of sales for the first quarter was RMB 75,122,000, resulting in a gross loss of RMB 118,000, compared to a gross profit of RMB 71,000 in Q1 2022[7] - The net loss for the period was RMB 5,446,000, which is an increase from the net loss of RMB 4,353,000 in the first quarter of 2022[7] - Basic and diluted loss per share for the period was RMB 0.50, compared to RMB 0.49 in the same quarter of 2022[7] - Total comprehensive loss for the period amounted to RMB 5,446,000, compared to RMB 4,320,000 in Q1 2022[7] - Revenue from the production and sales of wires and cables was RMB 24,761 thousand, down 39.2% from RMB 40,680 thousand in the previous year[18] - Revenue from the production and sales of aluminum products was RMB 50,243 thousand, a decline of 50.6% compared to RMB 101,435 thousand in the same period last year[18] - Other income for the three months ended March 31, 2023, was RMB 1,078 thousand, significantly lower than RMB 5,708 thousand in the previous year, representing a decrease of 81.1%[21] - The company reported a loss before tax of RMB 1,439 thousand for the three months ended March 31, 2023, compared to a loss of RMB 369 thousand in the same period of 2022[27] - The company reported a loss attributable to owners of approximately RMB 4,577,000, compared to a loss of RMB 4,533,000 for the same period in 2022[31] - The company’s revenue for the three months ended March 31, 2023, was approximately RMB 75.0 million, a decrease of about 47.2% compared to RMB 142.1 million in the same period of 2022[41] Costs and Expenses - The company incurred financing costs of RMB 1,812,000, down from RMB 2,674,000 in the previous year, indicating a reduction of 32.2%[7] - Financing costs for the three months ended March 31, 2023, were RMB 1,812 thousand, down 35.0% from RMB 2,798 thousand in the same period of 2022[22] - The cost of goods sold for the three months ended March 31, 2023, was RMB 75,122 thousand, a decrease of 47.3% from RMB 142,044 thousand in the previous year[24] - Selling and distribution expenses decreased by approximately RMB 994,000 or 72.2% in 2023, aligning with a reduction in transportation frequency[47] - Administrative and other expenses decreased from RMB 6.5 million for the three months ended March 31, 2022, to RMB 5.7 million for the same period in 2023, a reduction of RMB 800,000 or 12.4%[48] Equity and Shareholder Information - The company's total equity as of March 31, 2023, was RMB 130,063,000, down from RMB 161,091,000 a year earlier[8] - The company’s major shareholder, Red Fly Investment Limited, holds 351,280,000 shares, representing 38.18% of the total issued share capital[62] - Wang Xiaozhong holds 99,760,000 shares, representing 10.84% of the total issued share capital[62] Corporate Governance and Compliance - The company is listed on the GEM of the Hong Kong Stock Exchange, which is known for higher investment risks associated with smaller companies[3] - The board believes that the separation of roles between the chairman and CEO is appropriate for maximizing the company's interests, despite the current structure where the same individual holds both positions[58] - The company has adopted the GEM Listing Rules as its code of conduct for securities trading by directors, with all directors complying with the regulations during the reporting period[60] - The audit committee, established on June 10, 2020, reviewed the unaudited consolidated financial statements for the three months ending March 31, 2023, and found them compliant with applicable accounting standards and GEM listing rules[72] Future Outlook - The company continues to focus on the production and sales of wires and cables, as well as aluminum products in mainland China[9] - The company is optimistic about future financial performance improvements, driven by increasing demand in sectors such as automotive, construction, and telecommunications[35] - The company has not provided specific guidance for future performance or market expansion strategies in the current report[7] Other Information - The company did not incur any research and development costs for the three months ended March 31, 2023, compared to RMB 248 thousand in the previous year[24] - The company received government grants totaling RMB 182 thousand for the three months ended March 31, 2023, down from RMB 5,194 thousand in the previous year[21] - The depreciation of property, plant, and equipment for the three months ended March 31, 2023, was RMB 2,126 thousand, a decrease from RMB 2,425 thousand in the same period last year[24] - The deferred tax items increased, resulting in tax credits rising from approximately RMB 369,000 for the three months ended March 31, 2022, to approximately RMB 1.4 million for the same period in 2023[50] - There were no significant contingent liabilities as of March 31, 2023[52] - The company did not hold any significant investments or engage in major acquisitions or disposals of subsidiaries and associates during the three months ended March 31, 2023[54] - No dividends were declared for the three months ended March 31, 2023, consistent with the previous year[56] - The company and its subsidiaries did not purchase, sell, or redeem any shares during the three months ended March 31, 2023[57] - As of March 31, 2023, the company confirmed no major events requiring disclosure occurred after this date[70] - The company has not granted, exercised, canceled, or allowed any stock options under the stock option plan since its adoption on June 10, 2020[69]

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告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不對因本公告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。 China Saftower International Holding Group Limited 中國蜀塔國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8623） 截至二零二三年三月三十一日止三個月 第一季度業績公告 中國蜀塔國際控股集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然 公佈本公司及其附屬公司截至二零二三年三月三十一日止三個月的未經審核 綜合業績。本公告載列本公司截至二零二三年三月三十一日止三個月之第一 季度報告（「第一季度報告」）全文，並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」）內有關第一季度業績初步公告附載資料的相關 規定。第一季度報告之印刷版本將遵照GEM上市規則的規定，於實際可行情 況下盡快寄發予本公司股東，並於本公司網站www.saftower.cn及聯交所網站 www.hkexnews.hk刊載。 承董事會命 中國蜀 ...

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之任何損失承擔任何責任。 China Saftower International Holding Group Limited 中國蜀塔國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8623） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 年 度 業 績 公 佈 中國蜀塔國際控股集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然 公佈本公司及其附屬公司截至二零二二年十二月三十一日止年度的經審核綜 合財務業績。本公佈載列本公司二零二二年年度報告（「二零二二年年度報告」） 全文，並符合聯交所GEM證券上市規則（「GEM上市規則」）內有關年度業績初 步公佈資料的相關規定。二零二二年年度報告之印刷版本將適時寄發予本公 司股東，並於聯交所網站www.hkexnews.hk及本公司網站www.saftower.cn上可供 閱覽。 承董事會命 中國蜀塔國際控股集團有限公司 ...