锐信控股2023 中期报告

VESON HOLDINGS LIMITED 24Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income 27Condensed Consolidated Statement ofFinancial Position 30Condensed Consolidated Statement ofChanges in Equity 31Condensed Consolidated Statement ofCash Flows 33Notes to the Interim CondensedConsolidated Financial Statements 60Other Information 銳信控股有限公司VESON HOLDINGS LIMITEDINTERIM R EPORT中期報告2023 CORPORATE INFORMATION公司資料 REGISTERED OFFICE Conyers Trust Company (Cayman)LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman)LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN THE PRC 98 SCUD Industrial ParkFuzhou Pilot Free Trade ZoneNo. 98 Jiangbin East AvenueMawei District, FuzhouFujian Province, PRC PLACE OF BUSINESS IN HONG KONG 77101017 Room 1017, 10/F Leighton Centre77 Leighton RoadCauseway Bay, Hong Kong BOARD OF DIRECTORS Executive DirectorsFeng Ming Zhu (Chairman)Lian Xiu Qin (Chief Executive Officer) Non-Executive DirectorLoke Yu Independent Non-Executive DirectorsHeng Ja Wei VictorLam Yau YiuCheung Wai Kwok Gary COMPANY SECRETARY (FCCACPA) Yeung Mun Tai (FCCA, CPA) AUTHORISED REPRESENTATIVES Feng Ming ZhuYeung Mun Tai LEGAL ADVISER 1817 Reed Smith Richards Butler LLP17th Floor, One Island EastTaikoo Place18 Westlands Road, Quarry BayHong Kong INDEPENDENT AUDITOR 11125 BDO LimitedCertified Public AccountantsRegistered Public InterestEntity Auditors25th Floor, Wing On Centre111 Connaught Road, CentralHong Kong AUDIT COMMITTEE Heng Ja Wei Victor (Chairman)Lam Yau YiuCheung Wai Kwok Gary REMUNERATION COMMITTEE Heng Ja Wei Victor (Chairman)Lam Yau YiuCheung Wai Kwok Gary 銳信控股有限公司VESON HOLDINGS LIMITEDINTERIM R EPORT中期報告2023 CORPORATE INFORMATION公司資料 NOMINATION COMMITTEE Cheung Wai Kwok Gary (Chairman)Heng Ja Wei VictorLam Yau Yiu CORPORATE GOVERNANCE COMMITTEE Lam Yau Yiu (Chairman)Heng Ja Wei VictorCheung Wai Kwok GaryLoke YuFeng Ming Zhu PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS The Export-Import Bank of ChinaBank of CommunicationsFujian Haixia BankChina Merchants BankChina Construction BankXiamen International BankBank of China WEBSITE www.vesonhldg.com www.vesonhldg.com MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 OVERVIEW ODMODM VesonHoldings Limited(“Veson”or the“Company”,together with its subsidiaries,the“Group”),with its focus on the R&D andapplication of lithium-ion batteries, is a leadingprovider of lithium power solution for consumerelectronics and smart hardware products and aleading manufacturer of lithium-ion battery modulepackaging and integration in the PRC. The currentoperations of the Group mainly comprise its ODMbusiness and bare battery cell business, mainlysupplying lithium-ion batteries to manufacturersof well-known telecommunication brands at homeand abroad. The products sold by ODM businessmainlyinclude mobile phone batteries,tabletbatteries, notebook batteries and power banks,etc. As the proportion of battery shipments foremerging consumer electronics products shows arising trend, the Group is adjusting its developmentstrategy to respond to market changes by activelyexploring new power supply product markets,including wearable device batteries, car batteriesandother types of backup batteries,and iscommittedto providing customers with morediversified professional module business. INDUSTRY REVIEW IDC20236,54411.8%202210%2023 Accordingto the report issued by IDC,amarket research agency, in the first quarter of2023, the smartphone shipments in China wereapproximately65.44 million units,down by11.8% year on year, sustaining the year-on-yeardecline of more than 10% in quarterly shipmentssince 2022. Similar to overseas markets, afterthe release of the COVID-19 pandemic control,China’s mobile phone market demand has notrebounded significantly, and consumers are stillaffected by factors such as the economic downturnand weak consumer confidence. In addition, thelarge memory and storage combination actively MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 10252.8%20236,5702.1%1.37.4% promotedby the entire industry this year willundoubtedly further extend the future replacementcycle of consumers. According to the data, in thefirst quarter of 2023, China’s foldable productshipments remained stable at 1.02 million units,representing a year-on-year increase of 52.8%.In the second quarter of 2023, the smartphoneshipments in China were approximately 65.7 millionunits, down by 2.1% year on