满地科技股份年度报告 2023

ANNUAL REPORT年度報告2023 2Chairman’s Statement4Corporate Information6Management Discussion and Analysis28Corporate Governance Report50Directors and Senior Management53Report of the Directors63Independent Auditor’s Report67Consolidated Statement of Profit or Loss and Other Comprehensive Income69Consolidated Statement of Financial Position71Consolidated Statement of Changes in Equity72Consolidated Statement of Cash Flows74Notes to the Consolidated Financial Statements163Financial Summary CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the Board of Directors of Moody Technology HoldingsLimited(the“Company”)and its subsidiaries(collectively the“Group”), I report to shareholders our annual report for the yearended 31 December 2023 (the “Year” or “Period”). RESULTS 140.390.554.9%10.6%8.2%140.5811.4477.5%756.283.666.813.623.731.811.3 The Group recorded revenue of approximately RMB140.3 millionfor the year ended 31 December 2023, representing an increase ofapproximately 54.9% as compared with the revenue of RMB90.5million for the year ended 31 December 2022. The Group’s productsexperienced a gross profits margin of approximately 10.6%, ascompared with a gross profits margin of approximately 8.2% fromprevious year. Loss attributable to owners of the Company for theYear increased from loss of approximately RMB140.5 million in 2022to loss of approximately RMB811.4 million in 2023, representing anincrease of approximately 477.5% as compared with the last year,which was mainly attributable to a loss on derecognition of financialliabilities of approximately RMB756.2 million in 2023 (2022: Nil).Sales of shoes, clothes and others contributed revenue amountedto approximately RMB83.6 million (2022: RMB66.8 million) for theyear ended 31 December 2023. Sales of fabrics contributed revenueamounted to approximately RMB13.6 million (2022: RMB23.7 million)for the year ended 31 December 2023. Upon the completion ofthe acquisition of new subsidiaries, the revenue from sales of elasticwebbings was approximately RMB31.8 million during the Year.During the Year, the Group also commenced a new business in digitalmarketing services which contributed revenue of approximatelyRMB11.3 million. OUTLOOK In 2023, the issue of the scheme shares to the scheme creditors hadbeen completed. It provided a solid foundation for the Company tocomplete the acquisition of subsidiaries and develop new businessduring the year. The Group had commenced the digital marketingservices business during the year, which mainly comprised of designand production of media advertising. Through cooperating withmainstream media and building up an experienced advertising team,the management is confident that such a new business will furtherincrease the income source of the Group in 2024. Furthermore, the management will continue our effort to explorevarious business opportunities through mergers and acquisition tostrength the capacity of the Group. The management will also closelymonitor the Group’s financial performance, financial position andcash flow in order to maintain the normal operation of the Group. ACKNOWLEDGEMENT Lastly, I would like to express my gratitude on behalf of the Boardto all our stakeholders for giving the Group their care, patience andsupport over the years. Moody Technology Holdings Limited Li Wanyuan Acting Chairman and Executive Director Hong Kong, 28 March 2024 CORPORATE INFORMATION BOARD OF DIRECTORSExecutive directorsMr. Li Wanyuan(Acting Chairman)Mr. Liu Junting (Redesigned as executive director and appointed asChief Executive Officer on 2 August 2023)Ms. Lin Yuxi Independent non-executive directorsMr. Lin YugangMr. Chow Yun CheungMr. Li Gang (Appointed on 2 August 2023) AUDIT COMMITTEEMr. Chow Yun Cheung(Chairman)Mr. Lin YugangMr. Li Gang (Appointed on 2 August 2023) REMUNERATION COMMITTEE Mr. Lin Yugang(Chairman)Mr. Chow Yun CheungMr. Li Gang (Appointed on 2 August 2023) NOMINATION COMMITTEEMr. Li Wanyuan (Appointed as Chairman on 2 August 2023) Mr. Lin YugangMr. Chow Yun Cheung REGULATORY COMPLIANCE COMMITTEEMr. Li Wanyuan(Chairman)Mr. Tse Kwok Hing Henry COMPANY SECRETARYMr. Tse Kwok Hing Henry AUTHORISED REPRESENTATIVESMr. Li WanyuanMr. Tse Kwok Hing Henry 18824 INDEPENDENT AUDITORMcMillan Woods (Hong Kong) CPA LimitedCertified Public Accountants24/F, Siu On Centre188 Lockhart RoadWanchai, Hong Kong MOODY TECHNOLOGY HOLDINGS LIMITED2023 Annual Report 4 PRINCIPAL BANKERSNanyang Commercial Bank LimitedThe Bank of East Asia LimitedCMB Wing Lung Bank Clarendon House2 Church StreetHamilton HM 11Bermuda REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda 19920 PRINCIPAL PLACE OF BUSINESS IN HONG KONG20/F, Infinitus Plaza,199 Des Voeux Road Central,Sheung Wan, Hong Kong PRINCIPAL SHARE REGISTER AND TRANSFEROFFICE Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilto