SPROCOMM INTEL2024中期报告

CONTENTS目錄 Corporate Information2Business Review and Prospects5Management Discussion and Analysis7Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income16Condensed Consolidated Statement of Financial Position18Condensed Consolidated Statement of Changes in Equity20Condensed Consolidated Statement of Cash Flows22Notes to the Condensed Consolidated Financial Statements23Other Information45 CORPORATE INFORMATION Board of Directors Executive Directors Mr. Li Chengjun(Chairman and Chief Executive Officer)Mr. Xiong Bin(Vice Chairman)Mr. Guo QinglinMr. Wen Chuanchuan Independent Non-executive Directors Mr. Hung Wai ManMr. Wong Kwan KitMr. Lu Brian Yong ChenMs. Tseng Chin I Committees of the BoardAudit Committee Mr. Wong Kwan Kit(Chairman)Mr. Lu Brian Yong ChenMr. Hung Wai Man Remuneration Committee Mr. Hung Wai Man(Chairman)Mr. Wong Kwan KitMr. Lu Brian Yong ChenMs. Tseng Chin I Nomination Committee Mr. Li Chengjun(Chairman)Mr. Wong Kwan KitMr. Lu Brian Yong ChenMs. Tseng Chin I Company SecretaryMs. Jian Xuegen Authorised Representatives Mr. Xiong BinMs. Jian Xuegen Financial Adviser 89313111A Dakin Capital LimitedSuite 3111A, 31/FTower 2, Lippo Centre89 QueenswayHong Kong Auditor 301801–806 Moore Stephens CPA LimitedCertified Public AccountantsPublic Interest Entity Auditors registered in accordancewith the Financial Reporting Council Ordinance801–806 Silvercord, Tower 130 Canton RoadTsimshatsui, KowloonHong Kong Registered Office in Cayman Islands P.O. Box 31119Grand PavilionHibiscus Way802 West Bay RoadGrand CaymanKY1-1205Cayman Islands P.O. Box 31119Grand PavilionHibiscus Way802 West Bay RoadGrand CaymanKY1-1205Cayman Islands Principal Place of Business and Headquartersin the PRC 6018133 33/F, Building 1Huaqiang Science and Technology Innovation PlazaMeilin Street, No. 6018 North Ring BoulevardFutian DistrictShenzhen, China Place of Business in Hong Kong Unit 702, 7/FGreenfield TowerConcordia Plaza1 Science Museum RoadTsim Sha Tsui EastKowloon, Hong Kong 17702 Principal Banks ICICI Bank Limited CitibankICICI Bank Limited Share Registrars and Transfer OfficesHong Kong 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Cayman Islands Tricor Services (Cayman Islands) Limited2nd Floor, Century YardCricket Square, P.O. Box 902Grand Cayman, KY1-1103Cayman Islands Tricor Services (Cayman Islands) Limited2nd Floor, Century YardCricket Square, P.O. Box 902Grand Cayman, KY1-1103Cayman Islands SPROCOMM INTEL Stock NameSPROCOMM INTEL 1401 Stock Code1401 www.sprocomm.com Websitewww.sprocomm.com BUSINESS REVIEW AND PROSPECTS The board (the “Board”) of directors (the “Directors”)of Sprocomm Intelligence Limited (the “Company”)announces the unaudited interim consolidated resultsof the Company and its subsidiaries (collectively the“Group”) for the six months ended 30 June 2024 to theshareholders of the Company. Sprocomm Intelligence Limited Business Review ODM During the six months ended 30 June 2024, the Group,as one of the leading ODM mobile phone suppliersbased in China, continued to focus on the researchand development, designing, manufacturing and saleof mobile phones, PCBAs for mobile phones and IoTrelated products, targeting emerging markets. 354.91.8976.7 In the first half of 2024, the market for mobile phonesand IoT related products in China demonstrated asteady performance. The Group successfully securedan increased volume of purchase orders for bothsmartphones and IoT related products. These orderscame from the Group’s major customers in China,indicating their continued trust and satisfaction withthe Group’s product quality and service. Revenue fromChina significantly increased by 1.8 times to RMB976.7million for the six months ended 30 June 2024 fromRMB354.9 million for the six months ended 30 June2023. Despite the notable increase in revenue, theGroup had to strategically accommodate a reducedgross profit margin. This was a necessary measureto ensure the procurement of sales orders frommajor customers. The decision, while impacting theGroup’s immediate profitability, is aimed at fosteringlong-term relationships and securing future businessopportunities. 806.955.8%1,256.98.75.7%9.2 Overall, the Group achieved satisfactory results for thesix months ended 30 June 2024. Revenue increasedby approximately 55.8% to RMB1,256.9 million forthe six months ended 30 June 2024 from RMB806.9million for the six months ended 30 June 2023. Netprofit increased by approximately 5.7% to RMB9.2million for the six months ended 30 June 2024 fromRMB8.7 million for the six months ended 30 June2023. Highlights of the unaudited results of the Group for thesix months ended 30 June 2024, as compared to thecorresponding period in 2023, are shown in the followingtable: Outlook and Strategy ODM5G Going forward, China’s ODM mobile phone marketwill be filled with challenges and opportunities.The Directors consider that the