中国汽车内饰中期报告2023

INTERIM RESULTS The board of Directors (the “Board”) of China Automotive InteriorDecoration Holdings Limited (the “Company”) is pleased to announcethe following unaudited condensed consolidated interim results of theCompany and its subsidiaries (the “Group”) for the six months ended30 June 2023 together with the comparative figures for the precedingfinancial six months ended 30 June 2022. UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENTOF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME For the six months ended 30 June 2023 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENTOF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME(Continued) For the six months ended 30 June 2023 UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENT OF FINANCIAL POSITION At 30 June 2023 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENT OF FINANCIAL POSITION(Continued) At 30 June 2023 UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENT OF CHANGES IN EQUITY For the six months ended 30 June 2023 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED UNAUDITEDCONDENSED CONSOLIDATEDSTATEMENT OF CASH FLOWS For the six months ended 30 June 2023 NOTESTO THE UNAUDITED CONDENSEDC O N S O L I D A T E DI N T E R I M F I N A N C I A LSTATEMENTS For the six months ended 30 June 2023 1. 1.GENERAL INFORMATION Cricket Square, Hutchins Drive, P.O. Box 2681,Grand Cayman, KY1-1111, Cayman Islands104 The Company was incorporated in the Cayman Islands on9 December 2009 with limited liability. The registered office of theCompany is located at Cricket Square, Hutchins Drive, P.O. Box2681, Grand Cayman, KY1-1111, Cayman Islands. The addressof the Group’s principal place of business is located at ChangxingRoad South, Xin 104 Guo Dao East, Qing County EconomicDevelopment Zone, Canzhou City, Hebei Province, the People’sRepublic of China (the “PRC”). The principal activity of the Company is investment holding. TheGroup is principally engaged in the manufacture and sale ofnonwoven fabric products used in automotive interior decorationparts and other parts, trading of rubber and food products. The unaudited condensed consolidated financial statements for thesix months ended 30 June 2023 are presented in Renminbi (“RMB”)and all values are rounded to the nearest thousands, except whenotherwise indicated. 2. 2.BASIS OF PREPARATION Statement of compliance 34 The unaudited condensed consolidated interim financialstatements (the “Interim Financial Statements”) have beenprepared in accordance with the applicable disclosure requirementsof Appendix 16 to The Rules Governing the Listing of Securitieson the Stock Exchange of Hong Kong Limited (the “Listing Rules”)and with Hong Kong Accounting Standard (the “HKAS”) 34“Interim Financial Reporting” issued by the Hong Kong Institute ofCertified Public Accountants (the “HKICPA”). 3 The interim financial report has been prepared in accordance withsame accounting policies adopted in the 2022 annual financialstatements, except for the accounting policy changes that areexpected to be reflected in the 2023 annual financial statements.Details of any changes in accounting policies are set out in note 3. 34 The preparation of an interim financial report in conformity withHKAS 34 requires management to make judgement, estimates andassumptions that affect the application of policies and reportedamounts of assets and liabilities, income and expenses on a year todate basis. Actual results may differ from these estimates. 3. 3.APPLICATION OF NEW AND AMENDMENTSTOHONG KONG FINANCIAL REPORTINGSTANDARDS (“HKFRSs”) In the current interim period, the Group has applied, for the firsttime, the following new and amendments to HKFRSs issued bythe HKICPA which are mandatory effective for the annual periodbeginning on or after 1 January 2023 for the preparation of theGroup’s condensed consolidated financial statements: 171712812 HKFRS 17 (including the October2020 and February 2022Amendments to HKFRS 17)Insurance Contracts The application of the amendments to HKFRSs in the currentinterim period has had no material impact on the Group’s financialpositions and performance for the current and prior periods and/or on the disclosures set out in these condensed consolidatedfinancial statements. 4.REVENUE 4. The Group is principally engaged in the manufacture and sale ofnonwoven fabric products used in automotive interior decorationparts and other parts, trading of rubber and food products. Nonwoven fabric related product for usein automobilesSupply and procurement operations:Sales of food productsSales of rubber 5. 5.OTHER LOSSES Interest incomeFair value loss on financial assets atfair value through profit or lossRealized loss on disposal of financial assetsat fair value through profit or lossGain on disposal of PPE, netRental incomeOthers 6. 6.SEGMENT INFORMATION Information reported to the directors of the Company, beingthe chief operating decision maker, for