康特隆二零二三年年报

ANNUAL REPORT2023 CONTENTS Corporate Information2Chairman’s Statement5Management Discussion and Analysis7Directors and Senior Management16Report of the Directors28Corporate Governance Report46Environmental, Social and Governance Report67Independent Auditor’s Report103Consolidated Statement of Profit or Loss andOther Comprehensive Income112Consolidated Statement of Financial Position113Consolidated Statement of Changes in Equity115Consolidated Statement of Cash Flows117Notes to the Consolidated Financial Statements119Five-Year Financial Summary223 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Lam Keung(Chairman and Chief Executive Officer)Mr. Qing HaodongMr. Mai LuMs. Cheng Yu Pik Independent Non-executive Directors 20236302023630 Mr. Chan Kwok Kuen Kenneth(appointed on 30 June 2023)Mr. Chan Ngai Fan(Resigned on 30 June 2023)Mr. Dan Kun Lei RaymondMr. Lai Man Shun BOARD COMMITTEES Audit Committee 20236302023630 Mr. Chan Kwok Kuen Kenneth(Committee Chairman)(appointed on 30 June 2023)Mr. Chan Ngai Fan(Committee Chairman)(resigned on 30 June 2023)Mr. Dan Kun Lei, RaymondMr. Lai Man Shun Nomination Committee 20236302023630 Mr. Lam Keung(Committee Chairman)Mr. Chan Kwok Kuen Kenneth(appointed on 30 June 2023)Mr. Chan Ngai Fan(resigned on 30 June 2023)Mr. Lai Man Shun Remuneration Committee Mr. Lai Man Shun(Committee Chairman)Mr. Lam KeungMr. Dan Kun Lei, Raymond COMPANY SECRETARY Ms. Au Ka Man Silkie AUTHORISED REPRESENTATIVES Mr. Lam KeungMs. Au Ka Man Silkie AUDITOR Moore CPA Limited(formerly known as Moore Stephens CPA Limited)Certified Public AccountantsPublic Interest Entity Auditorregistered in accordance withFinancial Reporting Council Ordinance801–806Silvercord, Tower 130 Canton Road,TsimshatsuiKowloon, Hong Kong 301801–806 PRINCIPAL BANKERS The Hongkong and Shanghai BankingCorporation Limited REGISTERED OFFICE Cricket SquareHutchins DriveP O Box 2681Grand CaymanKY1-1111, Cayman Islands Cricket SquareHutchins DriveP O Box 2681Grand CaymanKY1-1111, Cayman Islands HEADQUARTER AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 188–202113A Unit No. A, 13th Floor, Block 1Leader Industrial CentreNos. 188–202 Texaco RoadTsuen WanNew TerritoriesHong Kong PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE IN CAYMANISLANDS Conyers Trust Company (Cayman) LimitedCricket Square Conyers Trust Company (Cayman) LimitedCricket Square Hutchins DriveP O Box 2681Grand CaymanKY1-1111, Cayman Islands Hutchins DriveP O Box 2681Grand CaymanKY1-1111, Cayman Islands HONG KONG BRANCH SHAREREGISTRAR AND TRANSFER OFFICE 148212103B Boardroom Share Registrars (HK) Limited2103B, 21/F148 Electric RoadNorth PointHong Kong http://www.conteltechnology.com CORPORATE WEBSITEhttp://www.conteltechnology.com 1912 1912 Dear Shareholders, 2023 On behalf of the Board, I hereby present the auditedannual results of the Group for the Year 2023. 2023202366.320229.720221.6 During the Year 2023, the semiconductor industry wasundergreat pressure and entered into an adjustmentcycle,lasting geopolitical conflicts and changesofsupply and demand in the market.Under suchabackdrop,the Group’s businesses,informationtechnologyelectronic products were confronted withchallenges in the such period. During the Year 2023,theGroup recorded revenue of US $6 6.3 million,representinga drop as compared with 2022;lossattributableto owners of the Company was US$9.7million, compared with the loss of 2022 amounting toUS$1.6 million, which was attributable to the decrease ofgross profit. 2023 In the chip market, the Group promoted transformationandupgrading with consideration of market demandsduringthe Year 2023,to better satisfy demands ofcustomersfrom the manufacturing sector.In themeantime,to seize the opportunities arising fromd eve l o p m e n to f t h e s e m i c o n d u c to r m a r ke t ,t h eGroupmaintained good relationship with suppliersandenriched product categories by developing newproduct, and improving service capability, which furtherenhancedcustomer engagement and stickiness andpromoted steady business development. CHAIRMAN’S STATEMENT 20242024 Goingforward,the semiconductor market will witnesscontinuouslysteady expansion as new fields areemerging,including automobile electronics,high-power renewable energy, energy storage and industrialauto matio nimproved co ntinuously as the digitaleconomy and the new energy vehicle industry, and it isexpected that the overall market demand will maintainstablethroughout 2024.The country’s strong supportby relevant policies and the accelerated development oflocalisation replacement in the semiconductor industry,the Group is optimistic about the long-term developmentof electronics market and expects that sales of productwill maintain stable in 2024. 5G5G Inthe traditional consumer electronics market,thegradual improvement of consumption ability and conceptof the public effectively stimulates the demands of 5Gcellphonesand wearable gadgets,which is a driverthatcons