嘉鼎国际集团二零二三年中期报告

JIADING INTERNATIONALGROUP HOLDINGS LIMITED 08153(Stock code: 08153)(Incorporated in Bermuda with limited liability) INTERIMREPORT23 CHARACTERISTICS OF GEM OF THESTOCK EXCHANGE OF HONG KONGLIMITED (THE “STOCK EXCHANGE”) GEM GEM has been positioned as a market designed toaccommodate small and mid-sized companies towhich a higher investment risk may be attachedthan other companies listed on the Stock Exchange.Prospective investors should be aware of thepotential risks of investing in such companies andshould make the decision to invest only after dueand careful consideration. GEM G i v e nt h a t t h e c o m p a n i e s l i s t e d o n G E M a r egenerally small and mid-sized companies, there isa risk that securities traded on GEM may be moresusceptible to high market volatility than securitiestraded on the Main Board of the Stock Exchangeand no assurance is given that there will be a liquidmarket in the securities traded on GEM. GEMGEMGEM Hong Kong Exchanges and Clearing Limited and theStock Exchange take no responsibility for the contentsof this report, make no representation as to its accuracyor completeness and expressly disclaim any liabilitywhatsoever for any loss howsoever arising from or inreliance upon the whole or any part of the contents of thisreport. GEMGEM This report, for which the directors (the “Director(s)”)of Jiading International Group Holdings Limited (the“Company”) collectively and individually accept fullresponsibility, includes particulars given in compliancewith the Rules Governing the Listing of Securities on GEMof the Stock Exchange (the “GEM Listing Rules”) for thepurpose of giving information with regard to the Company.The Directors, having made all reasonable enquiries,confirm that to the best of their knowledge and belief,the information contained in this report is accurate andcomplete in all material respects and not misleading ordeceptive and there are no other matters the omissionof which would make any statement herein or this reportmisleading. MANAGEMENT DISCUSSION ANDANALYSIS BUSINESS AND FINANCIAL REVIEW Overview During the six months ended 30 September 2023 (the“Period”) under review, the Group recorded a revenueof approximately HK$43.1 million, representing a slightincrease of approximately 2.7%, when compared to that ofapproximately HK$42.0 million achieved for the six monthsended 30 September 2022 (the “Preceding Period”),which was mainly derived from its advertising services,sales of new energy batteries, sales of new energy off-road vehicles and sales of health care products business.No revenue was recorded from the sales of new energyelectric vehicles for the Period. 43.142.02.7% The Group recorded a loss for the Period of approximatelyHK$8.0 million, representing a slight increase of approximatelyof HK$7.1 million for the Preceding Period, which wasmainly attributable to the decrease of gross profit marginand the increase of administrative expenses for thePeriod. 8.07.1 Advertising The Group continued to maintain its sales and marketingteam for this business segment. The team has beenworked in advertising enterprises and possess anextensive clientele network and are also experienced inadvertisement design and planning. With the strong support from the sales and marketingteam and inhouse production team, the Group has offeredvalue-added services to its clients annual advertisingsolutions on various media platforms such as advertisingon mass transportation and social media, which hassharpened its competitive edge for successfully retainingits existing clients while expanding its client base byclients’ referrals. Thanks to strong brand equity, the Grouphas been able to maintain stable client base with highdegree of customer loyalty. During the Period, the Group’s advertising servicesbusiness recorded a revenue of approximately HK$35.4million, as compared to that of approximately HK$42.0million, recorded in the Preceding Period representinga decrease of approximately 15.7%. It was mainly resultfrom weak market sentiments during the Period. 35.442.015.7% The Group would closely monitor the existing operationsof this segment by deploying proportionated resources tomaintain a steady operation with a view to capturing thebusiness opportunities in the second half of the year. New energy batteries Hainan Weishi New Energy Technology Company Limited() (“Weishi New Energy”),the wholly-subsidiary of the Company, has specializingon the development of super-fast charging batteries andprovision of application-oriented solutions for variousindustries such as urban logistics, micro electric vehicles,commercial drones, power tools, etc. The corporate mission of Weishi New Energy is to establishitself as the World’s leading supplier of graphene batteryfast charging solutions and a smart manufacturer ofalkene carbon composite material batteries. The Groupconsidered that Weishi New Energy’s long-term goal alignswith the Group’s strategic plan to shift its foc