帝王实业控股二零二三年中期报告

Corporate Information2Management Discussion and Analysis5Corporate Governance and Other Data17Condensed Consolidated Statement of Profit of Loss andOther Comprehensive Income21Condensed Consolidated Statement of Financial Position22Condensed Consolidated Statement of Changes in Equity24Condensed Consolidated Statement of Cash Flows25Notes to the Condensed Consolidated Financial Statements26 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Chen HuaMr. Lam Kam Kong NathanielMr. Tse Chun ChungMr. Sun JingangMr. Gu Jianguo(Resigned on 3 March 2023)Ms. Zhu Jianqin(Resigned on 3 March 2023) 20233 320233 3 Independent non-executive Directors Mr. Au Hei ChingMr. Ho Ho Tung ArmenMr. Lee Cheung Yuet HoraceMr. Zheng YuMs. Zhou Xiaochun AUDIT COMMITTEE Mr. Ho Ho Tung Armen(Chairman)Mr. Au Hei ChingMr. Lee Cheung Yuet HoraceMr. Zheng YuMs. Zhou Xiaochun NOMINATION COMMITTEE Mr. Lee Cheung Yuet Horace(Chairman) (Redesignated asChairman on 21 April 2023)Mr. Ho Ho Tung ArmenMr. Lam Kam Kong Nathaniel(Redesignated as Chairmanon 3 March 2023 and ceased on 21 April 2023)Mr. Gu Jianguo(Resigned on 3 March 2023) ()20234 2120233 320234 2120233 3 REMUNERATION COMMITTEE Mr. Lee Cheung Yuet Horace(Chairman)Mr. Chen HuaMs. Zhou Xiaochun COMPANY SECRETARIES 20234 2120234 21 Mr. Chan Ming Kei(Redesignated as Company Secretaryon 21 April 2023)Mr. Lui Chi Ho(Resigned on 21 April 2023) Corporate Information LEGAL ADVISER 18444404-10 Ince & CoSuites 4404-10, 44/FOne Island East18 Westlands Road, Taikoo PlaceHong Kong INDEPENDENT AUDITOR KTC Partners CPA LimitedRoom 617, 6/F; Seapower Tower,Concordia Plaza,1 Science Museum Road,Tsim Sha Tsui East, Kowloon, Hong Kong 16617 PRINCIPAL BANK Bank of Communications Co., Ltd.Bank of China (Hong Kong) Limited www.slkj.cn COMPANY'S WEBSITEwww.slkj.cn STOCK CODE1950 1950 REGISTERED OFFICE Ogier Global (Cayman) Limited89 Nexus Way, Camana BayGrand Cayman KY1-9009Cayman Islands Ogier Global (Cayman) Limited89 Nexus Way, Camana BayGrand Cayman KY1-9009Cayman Islands Corporate Information HEAD OFFICE AND PRINCIPAL PLACEOF BUSINESS IN THE PRC No.2, Jiangshan RoadMeicheng TownJiande CountyHangzhou CityZhejiang ProvincePRC 2 PRINCIPAL PLACE OF BUSINESS INHONG KONG 18444404-10 Suites 4404-10, 44/FOne Island East18 Westlands Road, Taikoo PlaceHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Ogier Global (Cayman) Limited89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands Ogier Global (Cayman) Limited89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Management Discussion and Analysis BUSINESS REVIEW The board (the “Board”) of directors (the “Directors”) ofDiwang Industrial Holdings Limited (the “Company”) hereinpresents the interim results of the Company and its subsidiaries(collectively, the “Group”) for the six months ended 30 June2023 (the “Period”). 20236 30 For the Period, the revenue of the Group was approximatelyRMB251,529,000(2022:RMB199,737,000),representingan increase of approximately RMB51,792,000 or 25.9% ascompared to the six months ended 30 June 2022 (the “PriorPeriod”). 202263 051,792,00025.9%251,529,0002022199,737,000 The gross profit of the Group for the Period was approximatelyRMB111,867,000(2022:RMB57,054,000),representingan increase of approximately RMB54,813,000 or 96.1% ascompared to the Prior Period. 54,813,00096.1%111,867,000202257,054,000 For the Period, the Group recorded net profit of approximatelyRMB39,453,000 (2022: RMB6,655,000), representing an increase ofapproximately RMB32,798,000 or 492.8% as compared to the PriorPeriod. The increase in net profit was mainly due to, amongst others,(i) the positive contribution from the Chinese liquor business of theGroup; and (ii) the absence of the loss on investment in financialassets for the Prior Period. Profit for the Period attributable toowners of the Company was approximately RMB28,866,000 (2022:RMB257,000). 39,453,00020226,655,00032,798,000492.8%(i)(ii)28,866,0002022257,000 The basic and diluted earning per share was RMB10.02 cents(2022: basic and diluted earning per share was RMB0.11 cents(restated)). 10.0220220.11 During the Period, the Group has engaged in the research anddevelopment, manufacturing and sale of coating agents andsynthetic resins (the “Faux Leather Chemicals Business”)and manufacturing and sale of Chinese liquor products (the“Chinese Liquor Business”). FAUX LEATHER CHEMICALS BUSINESS TheGroup is an established faux leather chemicalsmanufacturer in the PRC principally engaged in the researchand development, manufacturing and sale of coating agentsand synthetic resins. Management Discussion and Analysis Revenue generated from the Faux Leather Chemicals Businessdecreasedby approximately RMB21,007,000 or 15.8%from approximately RMB133,026,000 for the Prior Period toapproximate