Financial Performance - For the nine months ended September 30, 2023, the company's revenue was RMB 234,866,000, an increase of 15.7% compared to RMB 202,943,000 for the same period in 2022[10] - The gross profit for the nine months ended September 30, 2023, was RMB 68,914,000, representing a gross margin of 29.3%, compared to RMB 58,757,000 and a gross margin of 28.9% in the same period of 2022[10] - The operating profit for the nine months ended September 30, 2023, was RMB 29,573,000, a decrease of 14.2% from RMB 34,441,000 in the previous year[10] - The net profit for the nine months ended September 30, 2023, was RMB 19,667,000, down 20% from RMB 24,548,000 in the same period of 2022[10] - The total comprehensive income for the nine months ended September 30, 2023, was RMB 19,593,000, compared to RMB 24,424,000 for the same period in 2022[10] - The company reported a basic and diluted earnings per share of RMB 2.63 for the nine months ended September 30, 2023, down from RMB 3.63 in the same period of 2022[10] Revenue Sources - For the nine months ended September 30, 2023, the company reported a revenue increase primarily due to higher demand for disposable plastic lunch boxes and contributions from the new e-commerce division[43] - Revenue from the "Jazz Rabbit" brand products for the nine months ended September 30, 2023, was RMB 194.24 million, an increase from RMB 183.34 million in the previous year[58] - The total revenue for disposable plastic lunch boxes was RMB 215.13 million for the nine months ended September 30, 2023, compared to RMB 202.94 million in the previous year[58] - Revenue increased from approximately RMB 202.9 million for the nine months ended September 30, 2022, to approximately RMB 234.9 million for the nine months ended September 30, 2023, representing an increase of approximately RMB 32.0 million or about 15.8%[71] - Revenue for the nine months ended September 30, 2023, increased to approximately RMB 166.0 million, up from RMB 144.2 million for the same period in 2022, representing a growth of about 15.1%[94] Expenses and Costs - The net profit for the nine months ended September 30, 2023, decreased by approximately RMB 4.8 million or 19.6% to approximately RMB 19.7 million, mainly due to increased selling expenses and costs related to the listing[50] - Sales expenses for the nine months ended September 30, 2023, were approximately RMB 15.3 million, an increase of about 54.0% compared to RMB 9.9 million for the same period in 2022[73] - R&D costs, including employee costs, rose from RMB 5.3 million for the nine months ended September 30, 2022, to RMB 6.6 million for the same period in 2023[71] - Administrative and other operating expenses rose to approximately RMB 24.2 million for the nine months ended September 30, 2023, an increase of about RMB 9.5 million or approximately 64.6% from RMB 14.7 million for the same period in 2022[96] - The company’s income tax expense increased from approximately RMB 9.7 million for the nine months ended September 30, 2022, to approximately RMB 9.8 million for the same period in 2023, a rise of about 1.0%[75] Acquisitions and Investments - The company completed the acquisition of Yizhen Media Co., Ltd. for a total consideration of RMB 20,571,430, which is expected to generate significant revenue and expand the company's business scope[44] - The company acquired 100% equity of Beijing Youpinhui, which has approximately 40,000 daily active users, enhancing its e-commerce capabilities[69] - The company completed the acquisition of 100% equity in Yizhen Film and Television on April 27, 2022, after adjusting the purchase terms, with a total consideration of RMB 20,571,430[86] - The acquisition of 100% equity in Youpinhui Investment was completed on June 1, 2022, for a total consideration of HKD 18.5 million, paid through the issuance of 74 million ordinary shares[114] Corporate Governance - The company has no known conflicts of interest among directors or major shareholders as of September 30, 2023[84] - The company’s total equity interests held by directors and senior management include 375,982,760 shares, representing approximately 50.23%[101] - The company’s financial reporting processes are overseen by an audit committee consisting of three independent non-executive directors[90] - The audit committee reviewed the unaudited condensed consolidated financial statements for the nine months ended September 30, 2023, prior to board approval[112] - The roles of the chairman and the CEO are held by different individuals, ensuring clear separation of responsibilities[108] - The company is committed to maintaining corporate governance standards in line with regulatory requirements[110] Future Outlook - The company has not disclosed specific future outlook or guidance in the provided content[10] - There is no mention of new products, technologies, market expansion, or mergers and acquisitions in the provided content[10] - The company anticipates leveraging the recovery of the entertainment demand in China to invest in film projects, capitalizing on the improving regulatory environment[44] - The company plans to continue optimizing customer experience and broadening revenue sources to maximize shareholder returns[70] - The company is focused on strategic acquisitions to enhance its market position and expand its business operations[105] Shareholder Information - As of September 30, 2023, major shareholders include Prize Investment Limited with 40.28% and Mr. Xu with 9.95%, totaling 50.23% of the company's shares[101] - The company’s basic earnings per share for the nine months ended September 30, 2023, were RMB 26.3, down from RMB 36.4 in the previous year[37] - The company’s total number of ordinary shares remained at 748,483 thousand shares for both periods under review[37] - The company raised net proceeds of approximately RMB 20.4 million from the issuance of 150,000,000 shares at HKD 0.4 each during its listing on July 13, 2020[99] Dividends and Securities - The company did not recommend the payment of dividends for the nine months ended September 30, 2023, consistent with the previous year[62] - No dividends were recommended for the nine months ended September 30, 2023, consistent with the previous year[116] - The company has not purchased, sold, or redeemed any of its listed securities during the nine months ended September 30, 2023[115] - The board of directors has established a strict code of conduct for securities trading, compliant with GEM listing rules[111] - The company has not reported any violations of the trading rules by directors during the nine months ended September 30, 2023[111]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部 份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。 Yik Wo International Holdings Limited 易 和 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8659） 截至二零二三年九月三十日止九個月之 第三季度業績公佈 易和國際控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至二零二三年九月三十日止九個月的未經審核業績。 本公佈載列本公司二零二三年第三季度報告全文，並符合香港聯合交易所有限公司 GEM證券上市規則有關第三季度業績初步公佈附載資料的相關規定。 承董事會命 易和國際控股有限公司 董事長兼執行董事 許有獎 香港，二零二三年十一月十四日 於本公佈日期，執行董事為許有獎先生、許麗萍女士及張緣生先生；及獨立非執行董 事為張世澤先生、劉大進先生及鄧志煌先生。 本公佈（董事願共同及個別對此負全責）乃遵照香港聯合交易所有限公司GEM證券上 ...

Revenue and Profitability - Revenue increased from approximately RMB 129.0 million for the six months ended June 30, 2022, to approximately RMB 147.3 million for the six months ended June 30, 2023, representing an increase of approximately RMB 18.3 million or about 14.2%[15] - Gross profit increased from approximately RMB 37.3 million to approximately RMB 43.0 million, a rise of approximately RMB 5.7 million or about 15.4%, with a slight increase in gross margin from 28.9% to 29.2%[17] - Profit for the six months ended June 30, 2023, decreased by approximately RMB 4.6 million or 29.6% to RMB 10.9 million from RMB 15.5 million for the same period in 2022[32] - Operating profit for the six months ended June 30, 2023, was RMB 16,856 thousand, a decrease of 22.5% from RMB 21,701 thousand in the same period of 2022[93] - Net profit for the six months ended June 30, 2023, was RMB 10,890 thousand, down 29.8% from RMB 15,461 thousand for the same period in 2022[93] - Total comprehensive income for the six months ended June 30, 2023, was RMB 10,767 thousand, a decrease of 29.2% from RMB 15,142 thousand in the same period of 2022[93] Costs and Expenses - Cost of sales rose from approximately RMB 91.8 million to approximately RMB 104.3 million, an increase of approximately RMB 12.5 million or about 13.6%[16] - Administrative and other operating expenses surged from approximately RMB 9.0 million to approximately RMB 16.5 million, an increase of approximately RMB 7.5 million or about 83.3%[19] - Sales expenses for the six months ended June 30, 2023, were approximately RMB 9.4 million, an increase of about 42.4% compared to RMB 6.6 million for the same period in 2022[29] - The cost of inventory recognized as an expense was RMB 81,928,000 for the six months ended June 30, 2023, compared to RMB 78,662,000 for the same period in 2022, indicating an increase of 3%[187] - The total employee costs, including directors' remuneration, amounted to RMB 10,175,000 for the six months ended June 30, 2023, compared to RMB 7,974,000 for the same period in 2022, marking an increase of 28%[187] Cash Flow and Financial Position - The group's cash balance as of June 30, 2023, was approximately RMB 124.8 million, an increase from RMB 118.6 million as of December 31, 2022[35] - The net cash generated from operating activities for the six months ended June 30, 2023, was RMB 9,423,000, a decrease from RMB 20,552,000 in the same period of 2022[123] - The company's total equity as of June 30, 2023, was RMB 244,414,000, up from RMB 233,647,000 as of December 31, 2022[119] - The group’s liquidity ratio decreased from approximately 4.9 as of December 31, 2022, to approximately 4.6 as of June 30, 2023[44] - The group had no borrowings as of June 30, 2023, and December 31, 2022[36] Acquisitions and Investments - The company completed the acquisition of Yizhen Media Co., Ltd. for a total consideration of RMB 20,571,430, which is expected to generate significant revenue and expand the company's business scope[26] - The group acquired 100% equity of Beijing Youpinhui, gaining approximately 40,000 daily active users on its e-commerce platform[27] - The company completed the acquisition of 100% of the issued share capital of Youpinhui Enterprises for a consideration of HKD 18,500,000, paid through the issuance of 74,000,000 ordinary shares[59] - The investment in film production as of June 30, 2023, was valued at RMB 24,625,000, down from RMB 25,572,000 as of December 31, 2022, reflecting a decrease of approximately 3.7%[194] Market and Business Outlook - The company anticipates continued growth driven by the demand for environmentally friendly disposable plastic food containers and advancements in production technology[25] - The overall market for disposable plastic food containers remains robust, with the company focusing on customization to meet customer needs[25] - The new e-commerce division contributed to revenue growth, indicating a successful expansion into digital sales channels[15] - The company aims to maintain product safety and environmental standards while promoting its brand and expanding sales channels[25] Employee and Governance - The group employed a total of 180 employees as of June 30, 2023, with employee costs amounting to approximately RMB 10.9 million for the six months ended June 30, 2023, compared to RMB 8.3 million for the same period in 2022[66] - The employee compensation policy is based on fixed salaries and performance assessments, influencing salary reviews and promotion decisions[66] - The company has complied with the corporate governance code as per GEM Listing Rules during the reporting period[84] - There were no significant changes in the board of directors' information since the last annual report[89] Financial Reporting and Compliance - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2023, with no significant impact on the financial performance and position for the current and prior periods[146] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2023[102] - The company reported no contingent liabilities as of June 30, 2023[64] - There were no significant foreign exchange risks during the period, as most transactions were settled in RMB, and no financial instruments were used for hedging purposes [65] Shareholding and Capital Structure - As of June 30, 2023, the company's issued share capital is approximately HKD 7,500,000, with a total of 748,482,760 ordinary shares issued (par value HKD 0.01 per share) [57] - The shareholding structure indicates that Mr. Xu holds 40.28% of the issued share capital through Prize Investment Limited and 9.95% directly, totaling 50.23% [70]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部 份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。 Yik Wo International Holdings Limited 易 和 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8659） 截至二零二三年六月三十日止六個月之 中期業績公佈 易和國際控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至二零二三年六月三十日止六個月的未經審核簡明綜 合業績。本公佈載列本公司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證券上市規則有關中期業績初步公佈附載資料的相關規定。 承董事會命 易和國際控股有限公司 董事長兼執行董事 許有獎 香港，二零二三年八月十四日 於本公佈日期，執行董事為許有獎先生、許麗萍女士及張緣生先生；及獨立非執行董 事為張世澤先生、劉大進先生及鄧志煌先生。 本公佈（董事願共同及個別對此負全責）乃遵照香港聯合交易所有限公司GEM證券上 市規則 ...

Financial Performance - Revenue for the three months ended March 31, 2023, was RMB 59,591,000, an increase of 12% compared to RMB 53,224,000 for the same period in 2022[6] - Gross profit for the same period was RMB 16,823,000, representing a gross margin of approximately 28.2%, up from RMB 14,874,000 in 2022[6] - Operating profit decreased to RMB 5,964,000, down 26% from RMB 8,079,000 in the previous year[6] - Net profit for the period was RMB 3,783,000, a decline of 34% compared to RMB 5,711,000 in the same quarter of 2022[6] - Basic and diluted earnings per share were RMB 0.5, down from RMB 1.0 in the prior year[6] - The company reported total comprehensive income of RMB 3,768,000, compared to RMB 5,769,000 in the previous year[6] - The group's gross profit increased from approximately RMB 14.9 million for the three months ended March 31, 2022, to approximately RMB 16.8 million for the three months ended March 31, 2023, representing an increase of about RMB 1.9 million or approximately 13.1%[45] - The overall gross profit margin remained relatively stable at approximately 27.9% for the three months ended March 31, 2022, and approximately 28.2% for the three months ended March 31, 2023[45] - Profit for the period decreased from approximately RMB 5.7 million to approximately RMB 3.8 million, a decrease of about RMB 1.9 million or approximately 33.8%, primarily due to increased administrative and other operating expenses[52] Expenses - Sales expenses increased to RMB 3,770,000, up from RMB 2,686,000, indicating a rise in marketing efforts[6] - Administrative and other operating expenses rose to RMB 7,264,000 from RMB 4,194,000, reflecting increased operational costs[6] - Sales cost rose from approximately RMB 384 million for the three months ended March 31, 2022, to approximately RMB 428 million for the three months ended March 31, 2023, an increase of about RMB 44 million or approximately 11.5%[44] - R&D expenses, including employee costs, increased from RMB 1,235 thousand in 2022 to RMB 1,691 thousand in 2023[36] - Selling expenses rose from approximately RMB 2.7 million to approximately RMB 3.8 million, an increase of about RMB 1.1 million or approximately 40.4%, attributed to increased sales personnel costs and transportation expenses due to more exhibitions in China post-COVID-19[46] - Administrative and other operating expenses increased from approximately RMB 4.2 million to approximately RMB 7.3 million, an increase of about RMB 3.1 million or approximately 73.2%, primarily due to legal and professional expenses related to the potential transfer from GEM to the main board of the stock exchange[49] - Financing costs increased from approximately RMB 41,000 to approximately RMB 47,000, an increase of about RMB 6,000 or approximately 14.6%, mainly due to leasing arrangements for machinery and equipment[50] Shareholder Information - The number of ordinary shares increased from 600,000 thousand shares in 2022 to 748,483 thousand shares in 2023[32] - As of March 31, 2023, the company had a total of 375,982,760 ordinary shares held, representing approximately 50.23% ownership[55] - The company did not recommend the payment of dividends for the three months ended March 31, 2023, consistent with the previous year[31] Investments and Acquisitions - The investment in Yizhen Media, completed on April 27, 2022, for a total consideration of RMB 20,571,430, is expected to generate revenue and expand the company's business scope[37] - The company completed the acquisition of June Pictures & Media Limited, acquiring 100% of its issued share capital for a total consideration of RMB 20,571,430, which included the issuance of 74,482,760 new shares and debt instruments totaling RMB 6,171,428[68] - The acquisition was finalized on April 27, 2022, and the financial statements of the target company will be consolidated into the group's financial statements[68] - There were no significant investments, acquisitions, or disposals made by the group during the three months ended March 31, 2023, apart from the aforementioned acquisition[69] Corporate Governance - The company has adhered to the corporate governance code as per GEM Listing Rules during the reporting period[70] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the three months ended March 31, 2023, prior to submission to the board[74] - The roles of the chairman and CEO are separated and held by different individuals, ensuring clear governance structure[70] - The company has implemented a code of conduct for directors' securities transactions, with no violations reported during the three months ended March 31, 2023[73] - No conflicts of interest were reported among directors or major shareholders as of March 31, 2023[66] Future Outlook and Developments - The company continues to focus on expanding its e-commerce platform and product offerings in the disposable plastic food container market[16] - The new e-commerce application platform "Yihotianxia" was launched in July 2022, covering various product categories and offering innovative group buying options[38] - The company began offering advertising space to third-party advertisers on its e-commerce platform "Yihotianxia" starting from the first quarter of 2023[39] - The company appointed a professional third party on February 23, 2023, to prepare for the potential transfer of its shares from GEM to the main board of the stock exchange[56] - There were no subsequent events after March 31, 2023, that could significantly impact the group's assets, liabilities, or future operations[75]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部 份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。 Yik Wo International Holdings Limited 易 和 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8659） 截至二零二三年三月三十一日止三個月之 第一季度業績公佈 易和國際控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至二零二三年三月三十一日止三個月的未經審核業績。 本公佈載列本公司二零二三年第一季度報告全文，並符合香港聯合交易所有限公司 GEM證券上市規則有關第一季度業績初步公佈附載資料的相關規定。 承董事會命 易和國際控股有限公司 董事長兼執行董事 許有獎 香港，二零二三年五月十五日 於本公佈日期，執行董事為許有獎先生、許麗萍女士及張緣生先生；及獨立非執行董 事為張世澤先生、劉大進先生及鄧志煌先生。 本公佈（董事願共同及個別對此負全責）乃遵照香港聯合交易所有限公司（「聯交所」 ...

Financial Performance - The group recorded revenue of approximately RMB 287.5 million for the year ended December 31, 2022, representing a year-on-year increase of about 9.5% compared to RMB 262.6 million in 2021[7]. - The profit attributable to the owners of the company for the same period was approximately RMB 33.8 million, slightly down from RMB 35.2 million in 2021[8]. - The increase in revenue was primarily driven by heightened demand for takeout services due to the COVID-19 pandemic[8]. - The company's revenue for the year ended December 31, 2022, was approximately RMB 287.5 million, representing a growth of about 9.5% compared to RMB 262.6 million for the previous year[22]. - The profit attributable to the company's owners for the year was approximately RMB 33.8 million, down from RMB 35.2 million in the previous year[22]. - The gross profit for the year was RMB 83.9 million, compared to RMB 75.9 million in 2021, indicating a positive trend in profitability[17]. - Net profit for the year decreased by approximately RMB 1.4 million or 4.0% to about RMB 33.8 million in 2022, mainly due to increased selling and income tax expenses[32]. - Cost of sales increased from approximately RMB 186.7 million in 2021 to about RMB 203.6 million in 2022, an increase of approximately RMB 17.0 million or 9.1%[25]. - Gross profit rose from approximately RMB 75.9 million in 2021 to about RMB 83.9 million in 2022, an increase of approximately RMB 7.9 million or 10.4%[27]. Assets and Liabilities - The total assets as of December 31, 2022, amounted to RMB 279.8 million, an increase from RMB 200.8 million in 2021[15]. - The total liabilities increased to RMB 46.2 million in 2022 from RMB 35.3 million in 2021[15]. - The total equity attributable to the owners of the company reached RMB 233.6 million, up from RMB 165.4 million in the previous year[15]. - The company recorded a net cash position of RMB 171.3 million in current assets after deducting current liabilities[15]. - Current assets net value increased from approximately RMB 120.6 million in 2021 to about RMB 171.3 million in 2022, driven by an increase in financial assets and trade receivables[39]. - Cash and cash equivalents as of December 31, 2022, were approximately RMB 118.6 million, up from RMB 107.6 million in 2021, primarily from cash generated from operating activities[42]. - The current ratio slightly improved from approximately 4.7 times in 2021 to about 4.9 times in 2022[40]. - The company has no borrowings as of December 31, 2022, maintaining a strong liquidity position[43]. Business Expansion and Acquisitions - The company completed the acquisition of Yizhen Media Co., Ltd. for a total consideration of RMB 20,571,430, which is expected to generate revenue and expand the company's business scope[9]. - The group acquired 100% equity of Beijing Youpinhui Trading Co., Ltd. through the purchase of Youpinhui Enterprises Ltd., enhancing its presence in the e-commerce sector[11]. - A new e-commerce application platform named "Yihotianxia" was launched, covering a variety of products and offering innovative group buying options to meet consumer needs[11]. - The company completed the acquisition of 100% equity in Yizhen Media for a total consideration of RMB 72,000,000 (approximately HKD 86,400,000) through the issuance of new shares at HKD 0.18 per share[49]. - The total adjusted consideration for the acquisition was RMB 20,571,430, which was settled through the issuance of 74,482,760 new shares and debt instruments totaling RMB 6,171,428[50]. - The company acquired 100% of Youpinhui Enterprises for HKD 18,500,000, paid by issuing 74,000,000 ordinary shares[51]. Corporate Governance - The board of directors is responsible for formulating the overall strategy and setting management objectives[82]. - The management team is tasked with daily operations and must report to the board for major decisions[84]. - The company has adhered to the corporate governance code throughout the fiscal year ending December 31, 2022[79]. - The company has implemented a standard code for directors' securities trading, confirming compliance for the fiscal year[80]. - The board is committed to maintaining high standards of corporate governance to enhance performance and accountability[78]. - The company has established various committees, including audit, remuneration, nomination, and risk management committees, to oversee specific responsibilities[82]. - The company has a procurement manager responsible for overseeing procurement processes and cost control policies[75]. - The company secretary has over 13 years of experience in corporate secretarial practices[76]. - The board consists of six directors, including three executive directors and three independent non-executive directors, ensuring a balanced composition[85]. - The company has established mechanisms to ensure the independence of the board, with over one-third of the members being independent non-executive directors, in compliance with GEM listing rules[90]. - Independent non-executive directors play a crucial role in providing strategic advice and ensuring high standards of financial reporting and governance[88]. - All directors received training on GEM listing rules and regulatory requirements, with a focus on continuous professional development[91]. - The board holds regular meetings, with agendas provided at least 14 days in advance, ensuring informed decision-making[93]. - The company has mechanisms in place to assess the independence and performance of independent non-executive directors annually[90]. - The board has a clear structure for committees, including audit, remuneration, nomination, and risk management committees, to enhance governance[88]. - Directors are encouraged to express independent views and constructive inquiries during board meetings[90]. - All board meeting documents are sent to directors at least three days prior to meetings to ensure they are informed of the company's latest developments[95]. - The company emphasizes compliance with legal and regulatory requirements as part of its governance framework[85]. - The board of directors attended 100% of the meetings, with all executive directors present at 7 out of 7 board meetings[96]. - The audit committee, consisting of three independent non-executive directors, held meetings to review the annual performance before submission to the board[102]. - The remuneration committee convened twice during the year to review and recommend compensation policies for directors and senior management[108]. - The nomination committee is responsible for reviewing the board's structure and recommending suitable candidates for board membership[114]. - The company aims to ensure that appointed directors possess relevant business, financial, and management skills necessary for informed decision-making[115]. - The audit committee recommended the reappointment of the external auditor, subject to shareholder approval at the annual general meeting[102]. - The remuneration policy links discretionary bonuses and other payments to the company's performance and individual director performance[110]. - The company established four committees: audit, remuneration, nomination, and risk management, to oversee specific aspects of governance[97]. - The nomination committee evaluates the independence of independent non-executive directors and provides recommendations on their appointment or reappointment[114]. - The company has established a risk management committee to identify and assess existing and potential risks related to its business operations[123]. - The risk management committee held one meeting in the year ending December 31, 2022, to discuss risks associated with the group's overseas export business[126]. - The auditor's fee for the annual audit services for the year ending December 31, 2022, was HKD 945,000[134]. - The board consists of one female director and five male directors, with a total of 177 employees, of which 95 are male and 82 are female, indicating a satisfactory gender diversity level[138]. - The company aims to achieve gender equality by the end of 2025, with a commitment to gradually increase the proportion of female board members[138]. - The company maintains a high level of communication with shareholders, ensuring timely disclosure of relevant business information[140]. - The company’s dividend policy states that dividends will be paid if the group records profits and the operating environment remains stable, subject to board approval[149]. - The company secretary has completed over 21 hours of relevant professional training in accordance with GEM listing rules[150]. - The board reviews its corporate governance policies annually to ensure compliance with legal and regulatory requirements[136]. - The company has adopted a board diversity policy that considers various factors including gender, age, cultural background, and professional experience[137]. - The company will continue to monitor and review the implementation of its board diversity policy to ensure its effectiveness[137]. - The annual general meeting is scheduled for May 31, 2023, providing a platform for shareholder engagement[143]. - The company encourages shareholders to submit proposals for discussion at the annual general meeting, enhancing shareholder participation[147]. - The group did not recommend any final dividend for the year ended December 31, 2022, consistent with the previous year[160]. Strategic Initiatives - The company plans to maintain product safety and environmental standards, enhance brand promotion, and expand sales channels as key growth drivers for its disposable plastic food container business[9]. - The company aims to provide high-quality eco-friendly disposable plastic food containers while ensuring product safety[81]. - The board believes that maintaining product safety, brand promotion, and expanding sales channels will be key drivers for growth in the disposable plastic food container business[163]. - The group aims to utilize the net proceeds from its listing on the GEM to implement its business plans and expand market share[163]. - The group invested 10% in a film project titled "The English" directed by Chen Chong, with expectations for release in Q4 2023, following a recovery in the mainland film market[164]. - The group acquired Youpinhui, which owns an e-commerce platform, and launched a new platform "Yihotianxia" to capture growth in China's retail e-commerce market, projected to reach approximately RMB 24.6 trillion by 2025[165]. - The group reported a cumulative annual growth rate of approximately 22.9% in China's online retail sales from 2016 to 2020, with total online retail sales increasing from about RMB 5.2 trillion to RMB 11.8 trillion[165]. - The group is positioned to compete effectively in the market, leveraging its experienced management team and reputation[163]. - The group has not planned any major investments or capital assets for the year ended December 31, 2022[168]. Shareholder and Ownership Information - As of December 31, 2022, the company's distributable reserves amounted to approximately RMB 598 million, an increase from RMB 330 million in 2021, reflecting a growth of 81.8%[174]. - The company did not redeem any of its listed securities during the year ended December 31, 2022, nor did it purchase, cancel, or sell any related listed securities[175]. - The company has no management or administrative contracts related to any of its major businesses as of December 31, 2022[186]. - All independent non-executive directors have confirmed their independence according to GEM Listing Rules, and the company believes they meet the independence guidelines[177]. - The company has established a non-competition agreement with its controlling shareholders, ensuring they will not engage in any competing business activities[189]. - The company’s board of directors includes three executive directors and three independent non-executive directors, with specific terms of service agreements in place[176]. - There were no significant transactions or contracts involving directors or their related entities with the company during the year ended December 31, 2022[184]. - The company’s remuneration for directors and the five highest-paid individuals is based on market benchmarks and individual performance assessments[182]. - The company has committed to promoting any identified business opportunities related to restricted businesses to ensure compliance with the non-competition agreement[190]. - The company has no significant contracts with its controlling shareholders that could lead to conflicts of interest as of December 31, 2022[188]. - As of December 31, 2022, Mr. Xu holds a total of 375,982,760 shares, representing 50.23% ownership in the company[192]. - Mr. Xu's controlled entity, Prize Investment Limited, owns 301,500,000 shares, accounting for 40.28% of the total shares[195]. - Ms. Xu Li Ping, as Mr. Xu's spouse, is deemed to have an interest in the shares held by Mr. Xu, totaling 301,500,000 shares or 50.23%[194]. - Merit Winner Limited, another significant shareholder, holds 301,500,000 shares, representing 9.02% of the total shares[195]. Compliance and Risk Management - The internal audit function was outsourced to an independent internal audit firm, with no significant deficiencies noted in the internal control system as of December 31, 2022[152]. - The company is subject to foreign investment restrictions and licensing requirements in its operations in China[199]. - The economic interests of Beijing Yi He can be transferred to the company through exclusive operating and consulting service agreements[200]. - All significant business decisions of Beijing Yi He will be guided and supervised by the company, ensuring risk management[200]. - The company has appointed Zhongyi Capital Limited as its compliance advisor, with no interests held in the company's equity as of December 31, 2022[197].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部 份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。 Yik Wo International Holdings Limited 易 和 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8659） 截至二零二二年十二月三十一日止年度 末期業績公佈 易和國際控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至 二零二二年十二月三十一日止年度的未經審核簡明 綜合業績。本公佈載列本公司二零二二年年度報告全文，並符合香港聯合交易所有限 公司GEM證券上市規則有關末期業績初步公佈附載資料的相關規定。 承董事會命 易和國際控股有限公司 董事長兼執行董事 許有獎 香港，二零二三年三月三十一日 於本公佈發表日期，董事會成員包括三名執行董事：許有獎先生、許麗萍女士及張緣 生先生；及三名獨立非執行董事：張世澤先生、劉大進先生及鄧志煌先生。 本公佈（董事願共同及個別對此負全責）乃遵照GEM證券 ...

Revenue and Profitability - Revenue for the three months ended September 30, 2022, was RMB 73,909,000, representing an increase from RMB 71,267,000 in the same period last year, a growth of 2.3%[8]. - Gross profit for the nine months ended September 30, 2022, was RMB 58,757,000, compared to RMB 55,084,000 for the same period last year, reflecting a growth of 4.9%[8]. - The operating profit for the three months ended September 30, 2022, was RMB 12,757,000, a decrease from RMB 13,591,000 in the previous year, indicating a decline of 6.1%[8]. - The net profit for the nine months ended September 30, 2022, was RMB 24,548,000, down from RMB 25,651,000 in the same period last year, a decrease of 4.3%[8]. - Basic and diluted earnings per share for the three months ended September 30, 2022, were RMB 1.21, compared to RMB 1.67 for the same period last year, a decline of 27.5%[8]. - The total comprehensive income for the three months ended September 30, 2022, was RMB 9,282,000, slightly lower than RMB 10,083,000 in the previous year, a decrease of 7.9%[8]. - The profit for the period was RMB 25,651 thousand, resulting in a total comprehensive income of RMB 25,699 thousand for the nine months ended September 30, 2022[16]. - Profit for the period decreased from approximately RMB 25.7 million to approximately RMB 24.5 million, a decline of approximately RMB 1.1 million or about 4.3%[60]. Expenses and Costs - The company incurred administrative and other operating expenses of RMB 14,545,000 for the nine months ended September 30, 2022, compared to RMB 11,222,000 in the previous year, an increase of 29.5%[8]. - Research and development costs, including employee costs, increased to RMB 5,311,000 for the nine months ended September 30, 2022, compared to RMB 4,344,000 in the same period of 2021, representing a growth of approximately 22%[37]. - Cost of sales rose from approximately RMB 135.7 million to approximately RMB 144.2 million, an increase of approximately RMB 8.5 million or about 6.3%[53]. - Administrative and other operating expenses increased from approximately RMB 11.2 million to approximately RMB 14.5 million, an increase of approximately RMB 3.3 million or about 29.6%[55]. Revenue Sources - For the nine months ended September 30, 2022, total revenue reached RMB 202,943 thousand, an increase of 6.6% compared to RMB 190,785 thousand for the same period in 2021[28]. - The revenue from the "Jazz Rabbit" brand products was RMB 183,342 thousand, up 6.5% from RMB 171,587 thousand year-over-year[28]. - Revenue from customized products for the nine months ended September 30, 2022, was RMB 67,477 thousand, a slight decrease from RMB 68,376 thousand in the previous year[28]. - For the nine months ended September 30, 2022, the company reported a revenue increase driven by higher demand for disposable plastic fast food boxes, with significant sales to both domestic and international markets[45]. Shareholder Information - As of September 30, 2022, Mr. Xu holds a total of 375,982,760 shares, representing approximately 50.23% of the company's total shares[63]. - Mr. Xu's controlled corporation, Prize Investment Limited, owns 301,500,000 shares, accounting for 40.28% of the total shares[69]. - The beneficial ownership of shares by major shareholders includes Mr. Xu with 74,482,760 shares, representing 9.95%[69]. - The company has a total of 67,500,000 shares held by Merit Winner Limited, representing 9.02% of the total shares[69]. - Sun Kong Investments holds 54,000,000 shares, which is 7.21% of the total shares[69]. Acquisitions and Investments - The group acquired 100% equity of Beijing Youpinhui for a total consideration of RMB 20,571,430, completed on April 27, 2022, to expand its business scope[47]. - The group agreed to acquire 100% of the issued share capital of Yizhen Media for a total consideration of RMB 72,000,000 (approximately HKD 86,400,000)[76]. - The acquisition will be settled through the issuance of 336,000,000 new shares to Mr. Xu and 72,000,000 new shares each to Yizhen Media and Mr. Gong[76]. - The acquisition of Youpinhui Investment Holdings was completed on June 1, 2022, for a consideration of HKD 18,500,000, paid through the issuance of 74,000,000 ordinary shares[79]. Compliance and Governance - The company has no known competition or conflict of interest involving its directors or major shareholders as of September 30, 2022[73]. - The company has not purchased, sold, or redeemed any of its listed securities during the nine months ending September 30, 2022[75]. - The company’s compliance advisor, Zhongyi Capital Limited, has no relevant interests in the group as of September 30, 2022[74]. - The audit committee reviewed the unaudited consolidated financial statements for the nine months ended September 30, 2022, prior to submission to the board for approval[85]. Taxation - The company has no tax provision due to no taxable profits generated in any jurisdiction for the nine months ended September 30, 2022[31]. - The company recognized a provision for income tax in China at a rate of 25% for the taxable profits of its subsidiaries[32]. Other Financial Information - The company reported a financing cost of RMB 54,000 for the three months ended September 30, 2022, which is an increase from RMB 49,000 in the same period last year[8]. - The company reported a foreign exchange gain of RMB 195,000 for the three months ended September 30, 2022, compared to a gain of RMB 40,000 in the same period last year[8]. - The company adjusted its acquisition agreement for Yizhen Film, reducing its equity interest from 35% to 10%, with a total consideration of RMB 20,571,430, which includes the issuance of 74,482,760 new shares[78]. - The company has adopted new accounting standards effective from January 1, 2022, which did not have a significant impact on the financial statements[23].

Revenue and Growth - The group recorded revenue growth due to increased demand for disposable plastic lunch boxes, maintaining a high level of demand[15] - Revenue increased from approximately RMB 119.5 million to RMB 129.0 million, representing an increase of about RMB 9.5 million or 8.0%[21] - For the six months ended June 30, 2022, the company's revenue was RMB 129,034 thousand, an increase of 7.7% compared to RMB 119,518 thousand for the same period in 2021[84] - The group reported external customer revenue of RMB 128,793 thousand for the six months ended June 30, 2022, compared to RMB 118,587 thousand for the same period in 2021, reflecting an increase of approximately 8.3%[134] - Revenue from the "Jazz Rabbit" brand products for the six months ended June 30, 2022, was RMB 115,437 thousand, compared to RMB 106,726 thousand for the same period in 2021, representing an increase of approximately 8.0%[133] Profitability - Gross profit increased from approximately RMB 34.4 million to RMB 37.3 million, up about RMB 2.9 million or 8.4%, with a slight increase in gross margin from 28.8% to 28.9%[23] - The net profit for the period was RMB 15,461 thousand, compared to RMB 15,608 thousand for the same period in 2021, indicating a decrease of 0.9%[84] - The total comprehensive income for the six months ended June 30, 2022, was RMB 15,142,000, a decrease from RMB 15,616,000 in the same period of 2021, reflecting a decline of about 3%[91] - The company reported a profit of RMB 15,461,000 for the six months ended June 30, 2022, compared to RMB 15,608,000 for the same period in 2021, showing a slight decrease of approximately 0.9%[91] Expenses and Costs - Cost of sales rose from approximately RMB 85.1 million to RMB 91.8 million, an increase of about RMB 6.7 million or 7.8%[22] - Administrative and other operating expenses increased from approximately RMB 7.2 million to RMB 9.0 million, an increase of about RMB 1.8 million or 25.2%[24] - Employee costs for the six months ended June 30, 2022, were approximately RMB 8.3 million, an increase from RMB 7.8 million for the same period in 2021[47] - The cost of research and development, including employee costs, was RMB 2,995 thousand for the six months ended June 30, 2022, compared to RMB 2,558 thousand for the same period in 2021, indicating an increase of approximately 17.1%[139] Acquisitions and Investments - The group acquired 100% equity of Beijing Youpinhui, gaining approximately 40,000 daily active users[18] - The group completed the acquisition of Yizhen Media for a total consideration of RMB 20,571,430[17] - The total consideration for the acquisition of Yizhen Film was RMB 72 million (equivalent to HKD 86.4 million), paid through the issuance of new shares[39] - The company signed an agreement to acquire 100% of Youpinhui Investment Holdings for HKD 18.5 million, completed on June 1, 2022[41] - The company acquired property, plant, and equipment amounting to approximately RMB 15,217,000 during the six months ended June 30, 2022, compared to RMB 3,796,000 in the same period of 2021[150] Financial Position - Cash and cash equivalents increased to approximately RMB 110.0 million from RMB 107.6 million[32] - The total assets as of June 30, 2022, amounted to RMB 165,308 thousand, an increase from RMB 153,456 thousand as of December 31, 2021[88] - The total equity increased to RMB 213,092 thousand as of June 30, 2022, compared to RMB 165,439 thousand at the end of 2021[88] - The company's cash and cash equivalents were RMB 110,021 thousand, showing a slight increase from RMB 107,638 thousand at the end of 2021[88] - The company's lease liabilities as of June 30, 2022, amounted to RMB 3,722,000, an increase from RMB 3,426,000 as of December 31, 2021[155] Shareholder Information - The company’s major shareholder, Mr. Xu, holds approximately 50.23% of the total ordinary shares[54] - The total issued and paid-up ordinary shares increased to 748,482,760 as of June 30, 2022, from 600,000,000 as of December 31, 2021[182] Management and Governance - The overall management and strategic development of the group are overseen by the chairman and executive director, Mr. Xu Youjiang[15] - The company has established an audit committee to oversee financial reporting and internal controls, ensuring compliance with corporate governance standards[78] - There were no significant changes in the board of directors' information that required disclosure since the last annual report[77] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies and products to drive future growth[92] - The company is progressing faster than planned in its business development according to its business objectives[51]