2024 中期報告

Page

頁次

Corporate Information

公司資料

2

Management Discussion and Analysis

管理層討論及分析

6

Corporate Governance and Other Information

企業管治及其他資料

20

Independent Review Report

獨立審閱報告

40

Interim Condensed Consolidated Statement

中期簡明綜合損益表

42

of Profit or Loss

Interim Condensed Consolidated Statement

中期簡明綜合全面收益表

43

of Comprehensive Income

Interim Condensed Consolidated Statement

中期簡明綜合財務狀況表

45

of Financial Position

Interim Condensed Consolidated Statement

中期簡明綜合權益變動表

49

of Changes in Equity

Interim Condensed Consolidated Statement

中期簡明綜合現金流量表

50

of Cash Flows

Notes to Interim Condensed Consolidated

中期簡明綜合財務資料附註

52

Financial Information

Definitions

釋義

87

CORPORATE INFORMATION

公司資料

BOARD OF DIRECTORS

董事會

Executive Directors

執行董事

Ms. Zhang Yuanyuan (Chairperson)

張園園女士（主席）（於二零二四年

(appointed on 20 August 2024)

八月二十日獲委任）

Mr. Gao Zhi (Chairman)

高志先生（主席）

(resigned on 20 August 2024)

（於二零二四年八月二十日辭任）

Mr. Lian Chenwei

連琛瑋先生

Non-executive Directors

非執行董事

Mr. Kong Lingqi

孔令琦先生

Ms. Liu Wenjing

劉文景女士

Independent non-executive Directors

獨立非執行董事

Dr. Fan Ren Da Anthony

范仁達博士

Mr. Liu Tian Min

劉天民先生

(resigned on 16 January 2024)

（於二零二四年一月十六日辭任）

Ms. Li Ming Qi

李明綺女士

Ms. Yang Juan

楊娟女士

(appointed on 16 January 2024)

（於二零二四年一月十六日獲委任）

AUDIT COMMITTEE

審核委員會

Ms. Li Ming Qi (Chairperson)

李明綺女士（主席）

Dr. Fan Ren Da Anthony

范仁達博士

Mr. Liu Tian Min

劉天民先生

(resigned on 16 January 2024)

（於二零二四年一月十六日辭任）

Ms. Yang Juan

楊娟女士

(appointed on 16 January 2024)

（於二零二四年一月十六日獲委任）

REMUNERATION COMMITTEE

薪酬委員會

Ms. Yang Juan (Chairperson)

楊娟女士（主席）

(appointed on 16 January 2024)

（於二零二四年一月十六日獲委任）

Mr. Liu Tian Min (Chairman)

劉天民先生（主席）

(resigned on 16 January 2024)

（於二零二四年一月十六日辭任）

Ms. Zhang Yuanyuan

張園園女士（於二零二四年八月

(appointed on 20 August 2024)

二十日獲委任）

Mr. Gao Zhi (resigned on 20 August 2024)

高志先生（於二零二四年八月二十

日辭任）

Dr. Fan Ren Da Anthony

范仁達博士

Ms. Li Ming Qi

李明綺女士

NOMINATION COMMITTEE

提名委員會

Ms. Zhang Yuanyuan (Chairperson)

張園園女士（主席）（於二零二四年

(appointed on 20 August 2024)

八月二十日獲委任）

Mr. Gao Zhi (Chairman)

高志先生（主席）（於二零二四年八

(resigned on 20 August 2024)

月二十日辭任）

Dr. Fan Ren Da Anthony

范仁達博士

Mr. Liu Tian Min

劉天民先生

(resigned on 16 January 2024)

（於二零二四年一月十六日辭任）

Ms. Li Ming Qi

李明綺女士

Ms. Yang Juan

楊娟女士

(appointed on 16 January 2024)

（於二零二四年一月十六日獲委任）

RISK MANAGEMENT AND REGULATORY

風險管理及合規委員會

COMPLIANCE COMMITTEE

Dr. Fan Ren Da Anthony (Chairman)

范仁達博士（主席）

Ms. Zhang Yuanyuan

張園園女士（於二零二四年八月

(appointed on 20 August 2024)

二十日獲委任）

Mr. Gao Zhi (resigned on 20 August 2024)

高志先生（於二零二四年八月二十

日辭任）

Mr. Lian Chenwei

連琛瑋先生

Mr. Kong Lingqi

孔令琦先生

Ms. Liu Wenjing

劉文景女士

Mr. Liu Tian Min

劉天民先生

(resigned on 16 January 2024)

（於二零二四年一月十六日辭任）

Ms. Li Ming Qi

李明綺女士

Ms. Yang Juan

楊娟女士

(appointed on 16 January 2024)

（於二零二四年一月十六日獲委任）

AUTHORIZED REPRESENTATIVES

法定代表

Ms. Zhang Yuanyuan

張園園女士（於二零二四年八月

(appointed on 20 August 2024)

二十日獲委任）

Mr. Gao Zhi (resigned on 20 August 2024)

高志先生（於二零二四年八月二十

日辭任）

Mr. Ho Yuk Ming Hugo

何育明先生

COMPANY SECRETARY

公司秘書

Mr. Ho Yuk Ming Hugo

何育明先生

HONG KONG BRANCH SHARE

香港股份過戶登記處分處

REGISTRAR

Tricor Investor Services Limited

卓佳證券登記有限公司

17/F., Far East Financial Centre

香港

16 Harcourt Road

夏愨道16號

Hong Kong

遠東金融中心17樓

AUDITOR

核數師

Ernst & Young

安永會計師事務所

Certified Public Accountants

註冊會計師

Registered Public Interest Entity Auditor

註冊公眾利益實體核數師

27/F, One Taikoo Place

香港鰂魚涌

979 King's Road

英皇道979號

Quarry Bay, Hong Kong

太古坊一座27樓

LAWYER AS TO HONG KONG LAWS

律師（香港法律）

Morgan, Lewis & Bockius

摩根路易斯律師事務所

Suites 1902-09

香港

19th Floor

皇后大道中15號

Edinburgh Tower

置地廣場

The Landmark

公爵大廈

15 Queen's Road Central

19樓

Hong Kong

1902-09室

PRINCIPAL BANKS

主要往來銀行

Bank of China（Hong Kong）Limited

中國銀行（香港）有限公司

SPD Bank Shenzhen Branch

上海浦東發展銀行深圳分行

China Construction Bank Guangdong Branch,

中國建設銀行廣東省分行

Heshan Sub-branch

鶴山市支行

REGISTERED OFFICE

註冊辦事處

Cricket Square

Cricket Square

Hutchins Drive

Hutchins Drive

P.O. Box 2681

P.O. Box 2681

Grand Cayman KY1-1111

Grand Cayman KY1-1111

Cayman Islands

Cayman Islands

MANAGEMENT DISCUSSION

管理層討論及分析

AND ANALYSIS

FINANCIAL REVIEW

財務回顧

Revenue

收入

T h e t o t a l r e v e n u e f o r t h e P e r i o d w a s

於本期間，總收入約為人民幣294.4

approximately RMB294.4 million, which

百 萬 元，較 截 至 二 零 二 三 年 六 月

represented a decrease of approximately

三十日止六個月約人民幣326.6百萬

RMB32.2 million as compared to approximately

元減少約人民幣32.2百萬元。該減

RMB326.6 million for the six months ended

少主要是由於國際市場復甦疲弱，

30 June 2023. Such decrease was mainly

中國照明分部現有產品未能有效適

attributable to the decrease in order resulting

應消費者的最新需求，導致訂單減

from the weak recovery of the international

少。

market and the existing products of the PRC

lighting segment failed to effectively meet the

latest consumer demands.

Cost of goods sold

已售貨物的成本

For the Period, the cost of goods sold was

於本期間，已售貨物成本約為人民

approximately RMB161.6 million, representing

幣161.6百萬元，較截至二零二三年

a decrease of approximately RMB25.4 million

六月三十日止六個月之已售貨物的

over cost of goods sold of approximately

成本約人民幣187.0百萬元減少約人

RMB187.0 million for the six months ended

民幣25.4百萬元，主要由於通過進

30 June 2023, primarily due to the reduction

一步改變產品結構，增加高毛利、

in overall costs by further changing product

減少低毛利的產品銷售，使整體成

structure, increasing sales of products with

本降低所致。

high gross profit while reducing those with low

gross profit.

FINANCIAL REVIEW (Continued)

財務回顧（續）

Gross profit and gross profit margin

毛利及毛利率

For the Period, the Group recorded a gross

於本期間，本集團錄得毛利約人民

profit of approximately RMB132.8 million,

幣132.8百萬元，較截至二零二三年

representing a decrease of RMB6.8 million over

六月三十日止六個月的毛利約人民

the gross profit of approximately RMB139.6

幣139.6百萬元減少人民幣6.8百萬

million for the six months ended 30 June 2023,

元，主要是由於訂單減少。

mainly due to the decline in orders.

For the Period, the Group recorded a gross

於 本 期 間，本 集 團 錄 得 毛 利 率 約

profit margin of approximately 45.1%,

45.1%，較 截 至 二 零 二 三 年 六 月

representing an increase of 2.4% over a gross

三十日止六個月的毛利率約42.7%

profit margin of approximately 42.7% for the

增加2.4%。該增加主要是由於專注

six months ended 30 June 2023. The reason

於毛利率較高的產品，提高了美國

for such increase is mainly attributable to

照明分部的毛利率。

focusing on products with higher profit margin,

and improved gross margin for USA lighting

segment.

Other income, gains and losses, net

其他收入、收益及虧損淨額

For the Period, the Group recorded other

於本期間，本集團錄得其他收入、

income, gains and losses, net of approximately

收益及虧損淨額約人民幣25.9百萬

RMB25.9 million, representing a decrease of

元，較截至二零二三年六月三十日

approximately RMB3.6 million over the other

止六個月其他收入、收益及虧損淨

income, gains and losses, net of RMB29.5

額人民幣29.5百萬元減少約人民幣

million for the six months ended 30 June

3.6百萬元，主要由於匯兌收益減少

2023, mainly due to the combined effect

約人民幣11.7百萬元及利息收入增

of the decrease in foreign exchange gains

加約人民幣6.7百萬元之綜合影響所

of approximately RMB11.7 million and the

致。

increase in interest income of approximately

RMB6.7 million.

FINANCIAL REVIEW (Continued)

財務回顧（續）

Provision/(reversal) for impairment,

減值撥備╱（撥回）淨額

net

For the Period, the net amount of impairment

於本期間，減值撥回淨額約為人民

reversal was approximately RMB1.7 million,

幣1.7百萬元，較截至二零二三年六

representing a decrease of approximately

月三十日止六個月的減值撥備約人

RMB4.1 million over impairment provision

民 幣2.4百 萬 元 減 少 約 人 民 幣4.1百

of approximately RMB2.4 million for the six

萬元，主要由於貸款予同方股份有

months ended 30 June 2023, mainly due to

限公司之貸款減值撥回約人民幣3.0

the impairment reversal of loan to Tsinghua

百萬元所致。

Tongfang Co., Ltd. of approximately RMB3.0

million.

Operating expenses

經營開支

For the Period, total operating expenses were

於本期間，總經營開支約為人民幣

approximately RMB144.9 million, representing

144.9百萬元，較截至二零二三年六

an increase of approximately RMB2.4 million

月三十日止六個月約人民幣142.5百

over approximately RMB142.5 million for

萬元增加約人民幣2.4百萬元，主要

the six months ended 30 June 2023, mainly

是由於美國照明分部營銷開支增加

attributable to the increase in marketing

以吸引潛在新買家、尋找新銷售機

expenses to attract potential new buyers and

會，及開發高毛利銷售渠道。

pursue new sales opportunities and develop

high margin sales channels in USA lighting

segment.

Finance costs

財務成本

T h e f i n a n c e

c o s t s f o r t h e P e r i o d w a s

本期間的財務成本約為人民幣0.7百

approximately

RMB0.7

million, representing

萬元，較截至二零二三年六月三十

a decrease of RMB0.1

million from RMB0.8

日止六個月人民幣0.8百萬元減少人

million for the six months ended 30 June 2023.

民幣0.1百萬元。

FINANCIAL REVIEW (Continued)

財務回顧（續）

Taxation

稅項

For the Period, tax charge of approximately

於本期間，稅項支出約為人民幣3.0

RMB3.0 million (six months ended 30 June

百萬元（截至二零二三年六月三十

2023: RMB7.8 million). The decrease was

日止六個月：人民幣7.8百萬元）。

mainly due to the absence of the payment

減少主要是由於本期間並無繳納過

for under provision of prior years' taxes of

往年度撥備不足之稅項約人民幣4.6

approximately RMB4.6 million in the current

百萬元。

period.

Profit attributable to owners of the

母公司擁有人應佔溢利

parent

For the Period, the Group recorded a profit

於本期間，本集團錄得母公司擁有

attributable to owners of the parent of

人應佔溢利約人民幣11.6百萬元，

approximately RMB11.6 million, representing

較截至二零二三年六月三十日止六

a decrease over a profit attributable to the

個月母公司擁有人應佔溢利約人民

owners of the parent of approximately RMB15.2

幣15.2百萬元有所減少，主要是由

million for the six months ended 30 June 2023,

於毛利減少及經營開支增加所致。

primarily due to the decrease in gross profit and

the increase in operating expenses.

Financial Resources and Liquidity and

財務資源及流動資金及槓桿比

Gearing Ratio

率

The Group maintained a stable financial

本集團的財務狀況保持穩定。於二

position. As at 30 June 2024, the Group had

零二四年六月三十日，本集團擁有

cash and cash equivalents of approximately

現金及現金等值物約人民幣514.6百

R M B 5 1 4 . 6 m i l l i o n . T h e g e a r i n g r a t i o

萬元。於二零二四年六月三十日，

representing the ratio of total lease liabilities

槓桿比率（指本集團租賃負債總額

to total equity of the Group was 2.4% as at 30

與 權 益 總 額 的 比 率）為2.4%（二 零

June 2024 (31 December 2023: 2.8%). Such

二三年十二月三十一日：2.8%）。

decrease was mainly caused by the decrease

該減少主要是由於租賃負債於本期

in lease liabilities of RMB4.9 million for the

間減少人民幣4.9百萬元。

Period.