02850121181211002594 BYD Electronic (International) Company Limited(“BYD Electronic” or the “Company”; together withits subsidiaries known as the “Group”; stock code:0285) was spun off from BYD Company Limited(“BYD”, stock code on The Stock Exchange ofHong Kong Limited: 01211 (HKD counter); 81211(RMB counter); stock code on the Shenzhen StockExchange: 002594) and listed on the Main Boardof The Stock Exchange of Hong Kong Limited on20 December 2007. BYD Electronic is a globalleading platform-based high-end manufacturingenterprise, providing customers with new materialsdevelopment, product design and development,parts and components as well as complete machinemanufacturing, supply chain management, logistics,after-sales and other one-stop services. TheGroup engages in a wide variety of businessesranging from smart phones, tablet PCs, new energyvehicles, residential energy storage, smart home,game hardware, unmanned aerial vehicles, Internetof Things, robots, communication equipment, healthdevices to other diversified market areas. Corporate Information2Financial Highlights4Management Discussion and Analysis5Interim Condensed Consolidated Statement ofProfit or Loss22Interim Condensed Consolidated Statement ofComprehensive Income23Interim Condensed Consolidated Statement ofFinancial Position24Interim Condensed Consolidated Statement ofChanges in Equity26Interim Condensed Consolidated Statement ofCash Flows27Notes to Interim Condensed ConsolidatedFinancial Information30CONTENTS CORPORATE INFORMATION EXECUTIVE DIRECTORSWang Nian-qiangJiang Xiang-rong NON-EXECUTIVE DIRECTORSWang Chuan-fuWang Bo Antony Francis MAMPILLY INDEPENDENT NON-EXECUTIVE DIRECTORSChung Kwok Mo JohnAntony Francis MAMPILLYQian Jing-jie COMPANY SECRETARYLi QianCheung Hon-wan Antony Francis MAMPILLY AUDIT COMMITTEE Wang Chuan-fuWang BoChung Kwok Mo John (Chairman)Antony Francis MAMPILLYQian Jing-jie REMUNERATION COMMITTEE Antony Francis MAMPILLY Wang Nian-qiangWang Chuan-fuChung Kwok Mo JohnAntony Francis MAMPILLYQian Jing-jie (Chairman) NOMINATION COMMITTEE Antony Francis MAMPILLY Jiang Xiang-rongWang Chuan-fu (Chairman)Chung Kwok Mo JohnAntony Francis MAMPILLYQian Jing-jie AUTHORISED REPRESENTATIVESWang Nian-qiangLi Qian CORPORATE INFORMATION公 司 資 料 REGISTERED OFFICE Part of Unit 1712, 17th Floor, Tower 2Grand Central PlazaNo. 138 Shatin Rural Committee RoadNew TerritoriesHong Kong 138217 1712 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 1518116 No. 1Bibao Second RoadBaolong StreetLonggang DistrictShenzhenThe PRC518116 SHARE REGISTRAR AND TRANSFER OFFICE 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong INVESTOR AND MEDIA RELATIONS CONSULTANT iPR(852) 2136 6185(852) 3170 6606be285@iprogilvy.com iPR Ogilvy LimitedTel: (852) 2136 6185Fax: (852) 3170 6606Email: be285@iprogilvy.com http://electronics.byd.com WEBSITEhttp://electronics.byd.com 0285 STOCK CODE0285 FINANCIAL HIGHLIGHTS HIGHLIGHTS MANAGEMENT DISCUSSION AND ANALYSIS管 理 層 討 論 及 分 析 BUSINESS REVIEW The Group is a global leading platform-based high-end manufacturingenterprise, providing customers with new materials development, productdesign and development, parts and components as well as completemachine manufacturing, supply chain management, logistics, after-salesand other one-stop services. The Group’s businesses cover smart phones,tablet PCs, new energy vehicles, residential energy storage, smart home,game hardware, unmanned aerial vehicles, Internet of Things, robots,communication equipment, health devices and other diversified marketareas. Leveraging on its industry leading research and development andmanufacturing capabilities, diversified product portfolio and abundantcustomer resources, the Group’s business has entered a new round ofhigh-speed growth cycle. 5.5%561.828.58%139.15%15.16 In the first half of 2023, developed economies continued to tightenmonetary policies to suppress inflation, coupled with increased geopoliticaluncertainty, leading to a lack of consumer confidence and a slow paceof global economic recovery. Supported by the government’s effectiveeconomic stabilization policies, China’s economic momentum continuedto improve, representing a year-on-year growth of 5.5% in grossdomestic product in the first half of 2023. Despite the challenging macroenvironment, the Group still achieved significant growth in market shareand profitability, and actively explored new business growth engines.During the six months ended 30 June 2023 (the “Period”), although globaldemand for consumer electronics continued to weaken and the Group’sshare of major customers continued to increase, the business segmentcontinued to grow; the new intelligent products business maintainedgrowth, and the development momentum of the new energy vehiclebusiness was strong, helping the Group with achieving significant salesgrowth and reaching a new historic high. In