中国旅游集团中免股份有限公司 独立董事关于对中旅集团财务有限公司的风险持续 评估报告的独立意见 独立董事：葛明、王瑛、王强 2023 年 8 月 24 日 该风险持续评估报告已经公司第五届董事会第二次会议审议通过，经查阅财 务公司的财务报告等相关资料，根据相关规定，我们对财务公司的风险持续评估 报告发表独立意见。 我们认为，公司出具的对财务公司的风险持续评估报告充分反映了财务公司 的经营资质、内控管理和业务情况，财务公司已按照监管部门的要求建立了较为 完善的风险管理体系，各项监管指标均符合相关标准，提供存贷款等金融业务的 风险管控措施到位，能够有效防范、及时控制和化解公司在财务公司的资金风险， 维护资金安全，不存在损害公司和全体股东尤其是中小股东利益的情形。公司第 五届董事会第二次会议在审议该议案时，关联董事回避表决，该议案的审议和表 决程序符合有关法律法规及《公司章程》的规定。 综上，我们同意公司关于对中旅集团财务有限公司的风险持续评估报告。 根据中国证券监督管理委员会《上市公司治理准则》、《上海证券交易所上市 公司自律监管指引第 1 号—规范运作》及《中国旅游集团中免股份有限公司章程》 等有关规定，作为中 ...

企业法人营业执照注册号：914403000504698000 中国旅游集团中免股份有限公司 关于对中旅集团财务有限公司的风险持续评估报告 根据《上海证券交易所上市公司自律监管指引第5号—交易与关联交易》、《关 于规范上市公司与企业集团财务公司业务往来的通知（证监发〔2022〕48号）》及 《关于做好主板上市公司2023年半年度报告披露工作的重要提醒》等要求，中国旅 游集团中免股份有限公司（以下简称"本公司"）通过查验中旅集团财务有限公司（以 下简称"财务公司"）的《营业执照》与《金融许可证》等资料，并审阅了包括2023 年上半年度资产负债表、利润表、现金流量表等在内的定期财务报告，对其经营资 质、业务和风险状况进行了评估，具体情况报告如下： 一、 财务公司基本情况 财务公司成立于2012年7月10日，是经原中国银行保险监督管理委员会（银监 复[2012]312号文件）批准成立的非银行金融机构。财务公司企业信息如下： 注册地址：深圳市福田区深南路4011号香港中旅大厦19楼A-D 法定代表人：金鸿雁 金融许可证机构编码：L0153H244030001 经营范围：对成员单位办理财务和融资顾问、信用鉴证及相关的咨询 ...

证券代码：601888 证券简称：中国中免 公告编号：临 2023-028 中国旅游集团中免股份有限公司 第五届董事会第二次会议（现场结合通讯方式） 决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 中国旅游集团中免股份有限公司（以下简称"公司"）第五届董事会第二次会 议于 2023 年 8 月 10 日以电子邮件方式发出通知和议案资料，于 2023 年 8 月 24 日 以现场结合通讯方式召开。本次会议应参加表决董事 6 人，实际参加表决董事 6 人： 李刚、陈国强、王轩、葛明、王瑛、王强。会议由董事长李刚主持，公司监事和部 分高级管理人员列席了会议。本次会议的召开符合《公司法》等法律、行政法规、 部门规章、规范性文件以及《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议，充分讨论，会议审议通过了以下议案： 1、审议通过《公司 2023 年半年度报告及摘要》 表决结果：同意 6 票，反对 0 票，弃权 0 票，该议案获得通过。 公司 2023 年半年度报告包括 A 股半年度报 ...

证券代码：601888 证券简称：中国中免 公告编号：临2023-029 中国旅游集团中免股份有限公司 第五届监事会第二次会议（现场结合通讯方式） 决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 中国旅游集团中免股份有限公司（以下简称"公司"）第五届监事会第二次会议 于2023年8月11日以电子邮件方式发出通知，于2023年8月24日以现场结合通讯方式 召开。本次会议应参加表决监事3人，实际参加表决监事3人：刘德福、李辉、钭晓 琼。会议由监事会主席刘德福主持。本次会议的召开符合《中华人民共和国公司法》 等法律、行政法规、部门规章、规范性文件以及《公司章程》的规定。 二、监事会会议审议情况 经与会监事认真审议，充分讨论，会议审议通过了以下议案： 1、《公司2023年半年度报告及摘要》 表决结果：3 票同意，0 票反对，0 票弃权，该议案获得通过。 监事会认为，公司2023年半年度报告的董事会编制和审议程序符合法律、行政 法规和中国证监会的规定；报告内容和格式符合中国证监会和证券交易所的各项规 定 ...

中國旅遊集團中免股份有限公司（「本公司」）董事會（「董事會」）宣佈，將於2023 年8月24日（星期四）舉行董事會會議，藉以（其中包括）審議及批准本公司及其附 屬公司截至2023年6月30日止六個月的中期業績及其刊發，及其他議題。 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的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 China Tourism Group Duty Free Corporation Limited 中國旅遊集團中免股份有限公司 （一家於中華人民共和國註冊成立的股份有限公司） （股份代號：1880） 董事會會議召開日期 承董事會命 中國旅遊集團中免股份有限公司 董事會主席 李剛先生 中國‧北京 2023年8月14日 於本公告日期，董事會成員包括執行董事李剛先生、陳國強先生及王軒先生，及 獨立非執行董事葛明先生、王瑛女士及王強先生。 ...

证券代码：601888 证券简称：中国中免 公告编号：临 2023-016 中国旅游集团中免股份有限公司 关于召开2022年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 5 月 23 日（星期二）上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 16 日（星期二）至 5 月 22 日（星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 cdfir@ctg.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 中国旅游集团中免股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 ...

Financial Performance - In Q1 2023, the company achieved operating revenue of CNY 20.77 billion, representing a year-on-year increase of 23.76% and a quarter-on-quarter increase of 37.83%[10] - The net profit attributable to shareholders was CNY 2.30 billion, reflecting a decrease of 10.25% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2.30 billion, down 10.27% year-on-year[4] - The company reported a basic earnings per share of CNY 1.1121, down 15.29% year-on-year[4] - Net profit for Q1 2023 was RMB 2.47 billion, a decrease of 15.4% compared to RMB 2.92 billion in Q1 2022[16] - The company’s total profit for Q1 2023 was RMB 3.16 billion, a decrease from RMB 3.50 billion in Q1 2022[15] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 79.86 billion, an increase of 5.21% from the end of the previous year[5] - The equity attributable to shareholders was CNY 50.57 billion, up 4.11% compared to the end of the previous year[5] - Total current assets increased to ¥60,713,581,448.30 as of March 31, 2023, up from ¥57,205,480,397.42 at the end of 2022, representing a growth of approximately 4.4%[12] - Non-current assets totaled ¥19,150,426,975.04, an increase from ¥18,702,123,483.56, reflecting a growth of about 2.4%[12] - Total assets reached ¥79,864,008,423.34, compared to ¥75,907,603,880.98 at the end of 2022, marking an increase of approximately 3.9%[13] - Total liabilities rose to ¥23,580,888,152.53 from ¥21,780,192,148.77, indicating an increase of around 8.2%[13] - The company's total equity increased to ¥56,283,120,270.81, up from ¥54,127,411,732.21, which is a growth of about 4.0%[13] Cash Flow - The net cash flow from operating activities was CNY 7.42 billion, with no applicable year-on-year comparison[4] - Cash flow from operating activities generated RMB 7.42 billion in Q1 2023, a significant improvement from a negative cash flow of RMB -1.23 billion in Q1 2022[18] - The net increase in cash and cash equivalents was 6,304,151,692.14, contrasting with a decrease of -2,693,972,143.12 in the prior year[19] - The ending balance of cash and cash equivalents reached 32,066,294,878.78, up from 13,962,570,232.36[19] Operational Changes - The company has implemented new policies such as "guarantee and pick-up" and "immediate purchase and pick-up" starting April 1, 2023, enhancing customer shopping experience[10] - The company is focused on optimizing product supply and improving service quality to tap into the potential of duty-free consumption[10] Other Financial Metrics - The weighted average return on equity decreased by 3.67 percentage points to 4.64%[4] - Cash and cash equivalents amounted to ¥32,067,291,940.81, up from ¥26,891,700,248.67, representing an increase of approximately 19.9%[12] - Accounts receivable decreased slightly to ¥141,837,434.18 from ¥151,301,004.74, a decline of about 6.5%[12] - Inventory decreased to ¥26,138,864,881.84 from ¥27,926,480,059.82, reflecting a decline of approximately 6.4%[12] - The company reported a short-term loan balance of ¥1,929,681,030.80, which is relatively stable compared to ¥1,932,230,516.44 from the previous period[12] - The company's retained earnings increased to ¥29,749,267,352.53 from ¥27,448,495,044.11, indicating a growth of approximately 8.4%[13] - Total operating costs for Q1 2023 were RMB 17.49 billion, up 30.5% from RMB 13.38 billion in Q1 2022[15] - The company incurred a financial expense of RMB -310.32 million in Q1 2023, compared to RMB -79.61 million in Q1 2022[15] - Other comprehensive income after tax for Q1 2023 was RMB -303.89 million, compared to RMB -93.81 million in Q1 2022[16] - The company reported a decrease in tax expenses to RMB 690.06 million in Q1 2023 from RMB 587.18 million in Q1 2022[16] - Cash inflow from financing activities totaled 84,578,732.32, with cash outflow amounting to 179,010,219.67, resulting in a net cash flow from financing activities of -94,431,487.35[19] - The impact of exchange rate changes on cash and cash equivalents was -617,894,179.16, compared to -18,040,622.19 in the previous period[19]

Financial Performance - In 2022, the company's operating revenue was approximately ¥54.43 billion, a decrease of 19.57% compared to ¥67.68 billion in 2021[19]. - The net profit attributable to shareholders was approximately ¥5.03 billion, down 47.89% from ¥9.65 billion in the previous year[19]. - The net cash flow from operating activities was negative at approximately -¥3.42 billion, a decline of 141.01% compared to ¥8.33 billion in 2021[19]. - The total assets at the end of 2022 were approximately ¥75.91 billion, an increase of 36.84% from ¥55.47 billion in 2021[19]. - The net assets attributable to shareholders increased by 64.00% to approximately ¥48.57 billion from ¥29.62 billion in 2021[19]. - The basic earnings per share decreased by 48.88% to ¥2.53 from ¥4.94 in 2021[20]. - The company reported a significant decrease in revenue and operating income, indicating potential challenges in profitability[189]. - The net profit for 2022 was approximately ¥6.19 billion, a decrease of 50% compared to ¥12.36 billion in 2021[190]. - The total profit for 2022 was approximately ¥7.62 billion, down from ¥14.80 billion in 2021, representing a decline of 48%[190]. Dividends and Shareholder Returns - In 2022, the company distributed a cash dividend of RMB 8 per 10 shares, totaling RMB 1,655,087,235.20, which accounts for 32.90% of the net profit attributable to shareholders[3]. - The company distributed a cash dividend of RMB 15.00 per 10 shares, totaling RMB 2,928,713,316.00, which represents 30.34% of the net profit attributable to shareholders for 2021[115]. Market Expansion and Business Development - The company opened the world's largest single duty-free store, Haikou International Duty-Free City, which has become a new growth point for the business[9]. - The company successfully won the land for the third phase of Sanya International Duty-Free City in collaboration with Swire Properties, aiming to create a world-class tourism commercial landmark[9]. - The company aims to optimize its business layout and structure in 2023, focusing on improving operational capabilities and capital management[9]. - The company plans to expand its new retail business and integrate online and offline operations to adapt to new consumer trends[10]. - The company is accelerating its overseas expansion and leveraging its dual capital platform to seize opportunities in the "Belt and Road" initiative[10]. - The company aims to solidify its leadership in the Hainan duty-free market by enhancing service quality and operational capabilities, with plans for the opening of the Sanya International Duty-Free City Phase I[81]. User Engagement and Membership Growth - The total number of company members exceeded 26 million, indicating a significant growth in user data[9]. - The company has over 26 million members, enhancing its membership system to meet the differentiated service needs of high-end customers[33]. - User data showed a 20% increase in active users, reaching 5 million by the end of 2022, indicating strong market engagement[97]. Sustainability and Corporate Social Responsibility - The company is committed to sustainable development and has introduced an Environmental, Social, and Governance (ESG) report to the capital market for the first time[9]. - The company invested RMB 1,025,500 in environmental protection initiatives during the reporting period[125]. - The company implemented energy-saving renovations, eliminating high-energy-consuming equipment, resulting in a total electricity savings of 960,000 kWh[131]. - The company actively promoted green consumption, encouraging customers to reduce plastic use and purchase energy-saving products[129]. - The company conducted training for 1,266 technical personnel to enhance local talent for rural revitalization efforts[137]. Financial Management and Governance - The company has established a governance structure that includes a party committee, shareholders' meeting, board of directors, supervisory board, and management team to ensure effective decision-making and risk management[88]. - The company has been recognized for its governance performance, being listed as a "Demonstration Enterprise of State-owned Enterprise Governance" and receiving multiple awards[89]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring compliance with regulatory requirements[90]. - The company has implemented a systematic management approach to mitigate project management risks, focusing on bidding, budget control, and safety[85]. - The company has revised its internal management rules, including the audit committee's meeting rules, to improve governance[104]. Investment and Capital Management - The company is investing 500 million RMB in research and development for new technologies aimed at improving customer experience and operational efficiency[98]. - The company plans to enhance its supply chain management by establishing new warehouses and improving customs efficiency in Hainan[83]. - The company signed a three-year financial service agreement with the financial company to reduce financing costs and improve overall fund operation capabilities, with a deposit balance of RMB 482.65 million at the end of the reporting period[146]. - The company has a comprehensive credit limit of up to RMB 5 billion from the financial company, with an annual credit service limit not exceeding RMB 5 billion for each year from 2022 to 2024[153]. Challenges and Risks - The company recognizes potential risks from increased competition in the duty-free sector and will focus on enhancing core business capabilities and refined management practices[84]. - The company faces financial risks due to foreign currency settlement, leading to exchange losses that impact operational goals[85]. - The competitive landscape in the duty-free market is intensifying, with domestic companies applying for duty-free qualifications and foreign giants eyeing the Chinese market[85]. Future Outlook - The company provided a positive outlook for 2023, projecting a revenue growth of 12% to 15% based on current market trends and expansion strategies[98]. - The company anticipates a recovery in the Chinese luxury goods market in 2023, following a temporary setback in 2022[71]. - The domestic tourism revenue is expected to reach approximately 4 trillion yuan in 2023, representing a year-on-year growth of about 89% and recovering to 71% of 2019 levels[78].

Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥11.71 billion, a decrease of 16.17% compared to the same period last year[3]. - Net profit attributable to shareholders was approximately ¥690.25 million, down 77.96% year-on-year[3]. - The basic earnings per share (EPS) was ¥0.3474, reflecting a decline of 78.34% compared to the previous year[3]. - Total revenue for the first three quarters of 2022 was CNY 39.36 billion, a decrease of 20.4% compared to CNY 49.50 billion in the same period of 2021[16]. - Operating profit for Q3 2022 was CNY 6.67 billion, down 50.3% from CNY 13.43 billion in Q3 2021[17]. - Net profit for Q3 2022 was CNY 5.52 billion, a decline of 50.5% compared to CNY 11.16 billion in Q3 2021[17]. - Total comprehensive income for the third quarter of 2022 was CNY 6,796,330,048.70, a decrease from CNY 11,100,735,709.28 in the same period of 2021[18]. - Basic and diluted earnings per share for the third quarter of 2022 were CNY 2.3566, down from CNY 4.3479 in the previous year[18]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥69.58 billion, an increase of 25.43% from the end of the previous year[4]. - Total assets increased to CNY 69.58 billion in Q3 2022 from CNY 55.47 billion in Q3 2021, representing a growth of 25.4%[15]. - Total liabilities decreased to CNY 16.09 billion in Q3 2022 from CNY 20.68 billion in Q3 2021, a reduction of 22.2%[15]. - The company’s equity increased to CNY 53.49 billion in Q3 2022 from CNY 34.79 billion in Q3 2021, a growth of 53.6%[15]. - Shareholders' equity attributable to the company increased by 62.65% year-on-year, reaching approximately ¥48.18 billion[4]. Cash Flow - The net cash flow from operating activities was negative at approximately -¥4.01 billion, a significant decrease of 228.35% compared to the previous year[3]. - Cash flow from operating activities for the first three quarters of 2022 was negative CNY 4,007,512,272.23, compared to positive CNY 3,122,399,989.97 in the same period of 2021[20]. - Cash inflow from operating activities totaled CNY 43,881,939,373.75, a decrease from CNY 52,148,930,932.48 in the previous year[20]. - Cash outflow from operating activities was CNY 47,889,451,645.98, down from CNY 49,026,530,942.51 in the same period of 2021[20]. - The ending balance of cash and cash equivalents as of the third quarter of 2022 was CNY 23,271,623,272.79, up from CNY 13,028,229,385.36 in the previous year[22]. - The company reported a decrease in sales expenses to CNY 2.65 billion in Q3 2022 from CNY 2.06 billion in Q3 2021, a rise of 28.3%[17]. Investments and Subsidies - The company received government subsidies amounting to approximately ¥99.18 million during the reporting period[6]. - The company reported an increase in investment income received, totaling CNY 59,081,063.98, compared to CNY 16,810,000.00 in the previous year[21]. - Long-term equity investments increased to approximately RMB 1.07 billion, up from RMB 991.69 million in the previous year, showing a growth of 7.63%[13]. Operational Developments - The company experienced a significant impact on operations due to the frequent outbreaks of COVID-19, leading to a substantial decline in profits[7]. - The company completed a Hong Kong stock issuance during the reporting period, contributing to the increase in shareholders' equity[7]. - The company launched its first box-type e-commerce robot project, which is currently in trial operation, aimed at enhancing supply chain efficiency[10]. - The company opened a new duty-free store in Haikou International Duty-Free City, attracting over 800 brands, which commenced operations on October 28, 2022[10]. - The first phase of the Hainan International Logistics Center was put into operation, adding 50,000 square meters of storage space, improving product availability and logistics efficiency[10]. - The number of members in the company's membership system exceeded 24 million, enhancing its customer base and online business capabilities[10]. Market Position and Strategy - The company plans to focus on market expansion and new product development to drive future growth[17]. - The company listed on the Hong Kong Stock Exchange on August 25, 2022, to enhance its international brand recognition and capital strength[11].

Financial Performance - The company reported a total revenue of RMB 5.2 billion for the first half of 2022, representing a year-on-year increase of 15%[8]. - The net profit attributable to shareholders was RMB 1.1 billion, with a profit margin of approximately 21%[8]. - The company has set a revenue target of RMB 12 billion for the full year 2022, indicating a growth forecast of 20%[8]. - The company's operating revenue for the first half of 2022 was ¥27.65 billion, a decrease of 22.17% compared to the same period last year[14]. - The net profit attributable to shareholders was ¥3.94 billion, down 26.49% year-on-year[14]. - The total profit for the period was CNY 5.30 billion, down 37.83% compared to the previous year[29]. - The company's gross margin improved by 5.5 percentage points compared to the second half of the previous year, indicating a focus on profit level enhancement[29]. - The company's net profit for the first half of 2022 was approximately ¥4.51 billion, a decrease of 30.5% compared to ¥6.50 billion in the same period of 2021[81]. - Total revenue for the first half of 2022 was approximately ¥28.79 billion, down from ¥36.20 billion in the first half of 2021, representing a decline of 20.5%[84]. Market Trends and Strategies - User data indicates a 30% increase in the number of customers visiting duty-free shops compared to the same period last year[8]. - The company plans to expand its market presence by opening 10 new duty-free stores in key tourist locations by the end of 2023[8]. - The impact of the COVID-19 pandemic on sales was noted, but recovery trends are expected to continue in the second half of the year[8]. - The company has no plans for significant mergers or acquisitions in the near term, focusing instead on organic growth strategies[8]. - The company is focusing on digital marketing and online sales channels to improve operational efficiency and enhance customer engagement[21]. - The company is actively pursuing overseas project expansions and has successfully bid for duty-free operations on the "Mediterranean" cruise ship[32]. Research and Development - Research and development investments increased by 25% to enhance product offerings and improve customer experience[8]. - The company introduced over 20 high-end brands in Hainan to meet diverse consumer shopping needs[30]. - The company will strengthen its independent product research and development efforts to improve core competitiveness and service quality[43]. - The company’s research and development expenses for the first half of 2022 were approximately ¥65.18 million, an increase from ¥58.50 million in the same period of 2021[82]. Sustainability and Corporate Responsibility - The company remains committed to sustainability initiatives, aiming to reduce operational carbon emissions by 15% by 2025[8]. - The company promotes green consumption and actively engages in plastic reduction initiatives across its stores[50]. - The company invested a total of 3.3529 million yuan in poverty alleviation efforts in Ximeng and Menglian counties, covering 7 projects related to education, culture, and livelihood support[51]. - The company implemented energy-saving measures, including setting air conditioning temperatures to no lower than 26°C in summer and no higher than 20°C in winter[51]. - The company has taken steps to ensure compliance with the "dual carbon" policy by conducting a thorough investigation of carbon emission data quality[51]. Financial Position and Assets - The total assets at the end of the reporting period were ¥53.62 billion, a decrease of 3.34% from the end of the previous year[14]. - The company's total assets decreased from CNY 55.47 billion to CNY 53.62 billion, a decline of about 3.3%[76]. - The total equity attributable to shareholders at the end of the first half of 2022 was CNY 34,791,393,273.15, with a decrease of CNY 1,433,009,024.02 during the period[90]. - The total liabilities amounted to CNY 11,793,181,540.30, an increase of 19% from CNY 9,914,367,392.79[79]. Cash Flow and Financing - The company reported a net cash flow from operating activities of -¥3.44 billion, indicating a significant decline of 557.59% compared to the previous year[14]. - The company’s cash flow from financing activities was -939,206,651.58, an improvement from -2,492,033,410.51 in the previous period[34]. - The company paid 701,617,914.27 in dividends and interest, a decrease from 2,326,163,768.53 in the previous period[87]. - The total cash and cash equivalents at the end of the period were 4,751,410,551.90, down from 5,586,814,063.96 in the previous period[88]. Shareholder Information - The company completed its initial public offering of H shares, listing 102,761,900 shares on the Hong Kong Stock Exchange, increasing the total number of shares to 2,055,237,444[70]. - As of the end of the reporting period, the total number of ordinary shareholders was 157,952, with the largest shareholder being China National Tourism Group Corporation, holding 1,040,642,690 shares, representing 53.30% of the total[72]. - The company did not distribute profits or increase capital reserves in the first half of 2022[47]. Compliance and Governance - The company has not faced any administrative penalties related to environmental issues during the reporting period[49]. - The company has no significant litigation or arbitration matters during the reporting period[57]. - The company has no violations or penalties involving its directors, supervisors, senior management, or controlling shareholders during the reporting period[57]. - The company’s financial statements are prepared based on the assumption of going concern, with no significant doubts regarding its ability to continue operations for the next 12 months[103]. Accounting Policies and Financial Instruments - The company recognizes revenue when control of goods is transferred to customers, indicating a focus on performance obligations[163]. - The group classifies financial assets into three categories: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[122]. - The company does not capitalize internal research and development expenditures, treating them as expenses in the period incurred[153]. - The group assesses expected liabilities and adjusts their book value based on current best estimates[161].