盛力达科技中期报告2023

2023 中期報告INTERIM REPORT CONTENTS Corporate Information2–3 Financial Highlights4 Management Discussion and Analysis5–15 Interim Condensed Consolidated Income Statement16 Interim Condensed Consolidated Statement ofComprehensive Income17 Interim Condensed Consolidated Balance Sheet18–19 Interim Condensed Consolidated Statement of Changes inEquity20 Interim Condensed Consolidated Statement of Cash Flows21–22 Notes to the Interim Condensed Consolidated FinancialInformation23–45 Corporate Governance and Other Information46–50 51–52 Glossary Corporate Information BOARD OF DIRECTORSExecutive Directors Mr. Zhang Degang (Chairman)Mr. Zhang DeqiangMs. Feng Lili Non-executive DirectorsMs. Zhang Jinghua Independent non-executive Directors Mr. Leung Yiu ChoMr. Yu JianfengMr. Zhong Ruifeng SUPERVISORS Mr. Peng Jiashan (Chairman)Ms. Wei YiMs. Yang Jinghua AUDIT COMMITTEE Mr. Leung Yiu Cho (Chairman)Mr. Yu JianfengMr. Zhong Ruifeng REMUNERATION AND APPRAISAL COMMITTEE Mr. Yu Jianfeng (Chairman)Mr. Zhong RuifengMr. Zhang Deqiang NOMINATION COMMITTEE Mr. Zhang Degang (Chairman)Mr. Yu JianfengMr. Zhong Ruifeng STRATEGIC COMMITTEE Mr. Zhang Degang (Chairman)Mr. Zhang DeqiangMr. Leung Yiu Cho COMPANY SECRETARYMs. Ho Wing Yan (ACG, ACS(PE)) ACG, ACS(PE) ACG, ACS(PE) AUTHORISED REPRESENTATIVES Mr. Zhang DegangMs. Ho Wing Yan (ACG, ACS(PE)) REGISTERED OFFICE 1 1 Yanxin Road EastHuishan Economic Development ZoneWuxiJiangsu ProvincePRC HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN PRC 1 1 Yanxin Road EastHuishan Economic Development ZoneWuxiJiangsu ProvincePRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 6–8272703 Suite 2703, 27th Floor, Shui On Centre6–8 Harbour RoadWanchaiHong Kong AUDITOR PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor LEGAL ADVISERS TO THE COMPANYONC Lawyers(as to Hong Kong law) H H SHARE REGISTRAR 338333301–04 Union Registrars LimitedSuites 3301–04, 33/F.,Two Chinachem Exchange Square338 King’s RoadNorth PointHong Kong PRINCIPAL BANKER 9 China Merchants Bank Wuxi branchNo. 9, Xueqian StreetWuxi CityJiangsu ProvincePRC COMPANY’S WEBSITE www.wxsunlit.com www.wxsunlit.com Management Discussion and Analysis BUSINESS REVIEW 202320231,324.81,323.99.3%9.8% According to the data from the China Association of AutomobileManufacturers(“CA AM”),the production and sales ofautomobiles in the PRC in the first half of 2023 amounted to13.248million units and 13.239 million units,respectively,representingincreases of 9.3%and 9.8%,respectively,ascompared to the corresponding period of last year. Attributable to the increases in automobile production and sales,the tyre industry witnessed a stable recovery in demand. Duringthe period, the Group continued to focus on its investment inresearch and development in order to provide customers withhighlyintelligent equipment,thereby maintaining its leadingposition in the industry in terms of innovation. 1.45,3087,42928.6%793397 Total production of the Group in China for the first half of theyear amounted to RMB140 million. The Group’s performance forthe period was to a certain extent affected by the fact that anumberof customers have not completed the finalcommissioning and acceptance of the delivered equipment. Fortheperiod ended 30 June 2023,revenue of the Groupdecreasedby 28.6%to RMB53.08 million from RMB74.29million for the corresponding period last year. Net profit of theGroupfor the period ended 30 June 2023 increased byRMB3.97 million to RMB7.93 million as compared to that for thecorresponding period of last year. Revenue Management Discussion and Analysis 20236 3053,100,000202274,300,00021,200,00028.6% Ourrevenue for the six months ended 30 June 2023 wasRMB53.1 million, representing a decrease of RMB21.2 million, orapproximately28.6%,from RMB74.3 million for thecorresponding period of 2022. 2023 The decrease in revenue was mainly attributable to the delay ofdelivery of equipment to customers in the first half of 2023 dueto that a customer did not have insufficient space for storage ofthe equipments. 20236 3020226 3015,300,000 Brass electroplating wire production lines.Revenue fromthe sales of brass electroplating wire production lines for the sixmonths ended 30 June 2023 decreased by RMB15.3 million ascomparedwith the six months ended 30 June 2022 due todecrease of sales volume. 20236 30600,00013,200,00095.5% Otherproduction lines.Revenue from the sales of otherproduction lines amounted to RMB0.6 million for the six monthsended30 June 2023,representing a decrease of 95.5%ascompared with RMB13.2 million for the corresponding period inlastyear.The decrease was primarily attributable to thedecrease in total volume of other production lines. 20236 3036,200,000202230,800,00017.6%20236 302022022173 Standalone machines.Revenue from the sales of standalonemachinesfor the six months ended 30 June 2023 wasRMB36.2million,representing an increase of approximately17.6%from RMB30.