佛朗斯股份2024 年中期报告

（於中華人民共和國註冊成立的股份有限公司）(A joint stock company incorporated in the People’s Republic ofChina with limited liability) Stock Code股份代號: 2499 CONTENTS 37INTERIM CONDENSED CONSOLIDATED STATEMENTS OFCHANGES IN EQUITY38INTERIM CONDENSED CONSOLIDATED STATEMENTS OFCASH FLOWS40NOTES TO THE INTERIM CONDENSED CONSOLIDATEDFINANCIAL INFORMATION61DEFINITIONS 5MANAGEMENT DISCUSSION AND ANALYSIS 21CORPORATE GOVERNANCE AND OTHER INFORMATION 34INTERIM CONDENSED CONSOLIDATED STATEMENTS OFPROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors 20246 14 Mr. Hou Zekuan(Chairman of the Board)Mr. Hou Zebing(General manager)Mr. Qian XiaoxuanMs. Ma LiMr. Zhou Limin(Appointed with effect from June 14, 2024) Non-executive Directors 20246 1420246 1420246 14 Mr. Yu Chuanfen(Appointed with effect from June 14, 2024)Mr. Zhu Yingchun(Resigned with effect from June 14, 2024)Mr. Shu Xiaowu(Resigned with effect from June 14, 2024) Independent non-executive Directors 20246 1420246 14 Mr. Chiang EdwardDr. Fan XiaMr. Du Lizhu(Appointed with effect from June 14, 2024)Mr. Wang Chuanbang(Resigned with effect from June 14, 2024) SUPERVISORS 20246 1420246 14 Ms. Li Xiaolan(Chairman of the Supervisory Committee)Mr. He XiaochengMs. Liu Xiaoli(Appointed with effect from June 14, 2024)Mr. Zhang Xiaolong(Resigned with effect from June 14, 2024) AUDIT COMMITTEE 20246 1420246 1420246 1420246 14 Mr. Du Lizhu(Chairman) (Appointed with effect from June 14, 2024)Dr. Fan XiaMr. Chiang Edward(Appointed with effect from June 14, 2024)Mr. Wang Chuanbang(Resigned with effect from June 14, 2024)Mr. Zhu Yingchun(Resigned with effect from June 14, 2024) REMUNERATION COMMITTEE 20246 1420246 14 Dr. Fan Xia(Chairman)Mr. Hou ZebingMr. Du Lizhu(Appointed with effect from June 14, 2024)Mr. Wang Chuanbang(Resigned with effect from June 14, 2024) NOMINATION COMMITTEE Mr. Hou Zekuan(Chairman)Mr. Chiang EdwardDr. Fan Xia STRATEGY COMMITTEE 20246 1420246 1420246 1420246 14 Mr. Hou Zekuan(Chairman)Mr. Hou ZebingMr. Chiang EdwardMr. Qian Xiaoxuan(Appointed with effect from June 14, 2024)Mr. Yu Chuanfen(Appointed with effect from June 14, 2024)Mr. Zhu Yingchun(Resigned with effect from June 14, 2024)Mr. Shu Xiaowu(Resigned with effect from June 14, 2024) JOINT COMPANY SECRETARIES Ms. Ma LiMs. Tang Ka Yan AUTHORIZED REPRESENTATIVES Ms. Ma LiMs. Tang Ka Yan COMPLIANCE ADVISER 2920 Somerley Capital Limited20th Floor, China Building29 Queen’s Road Central, Hong Kong AUDITORS 97927 Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor27/F, One Taikoo Place979 King’s Road, Quarry Bay, Hong Kong REGISTERED OFFICE, PRINCIPAL PLACE OFBUSINESS AND HEADQUARTER IN THE PRC 999 No. 999, Yayun AvenueShiqi Town, Panyu DistrictGuangzhou City, Guangdong ProvincePRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 3485 5/F, Manulife Place348 Kwun Tong RoadKowloon, Hong Kong LEGAL ADVISERS 138 Hong Kong lawNorton Rose Fulbright Hong Kong38/F, Jardine House1 Connaught PlaceCentral, Hong Kong 1023310104 PRC lawZhong Lun Law Firm23/F, Units 01 & 04 of 31/F, R&F Center10 Huaxia RoadZhujiang New Town, Tianhe DistrictGuangzhou, GuangdongPRC H H SHARE REGISTRAR IN HONG KONG 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKER 12 Shanghai Pudong Development Bank Guangzhou BranchNo.12 Zhujiang Rd (West)Tianhe DistrictGuangzhouPRC STOCK CODE 2499 2499 www.fls123.com COMPANY WEBSITE www.fls123.com MANAGEMENT DISCUSSION AND ANALYSIS MARKET OVERVIEW According to CIC, the intralogistics equipment solution market in China isstill in the early-stage development. Compared with developed countriesand regions, such as the United States, the penetration rate of intralogisticsequipment solutions in China is relatively low, thereby creating a hugegrowth potential for the intralogistics equipment solution market in China. 20273492 0 2 747.422.920% The intralogistics equipment solution market in China has experienced rapidgrowth over the past years. The intralogistics equipment solution market inChina is expected to further increase to RMB34.9 billion in 2027 as drivenby the development of manufacturing and logistics industries and theincreasing demands for cost reduction and efficiency improvement. China’slogistics and manufacturing industries have developed rapidly and willcontinue to grow in the future. China’s manufacturing industry added valueand the total cost of social logistics are expected to increase to RMB47.4trillion and RMB22.9 trillion by 2027. The development of manufacturing andlogistics industries has created a strong demand for intralogistics equipment,which further boosts the growth of the intralogistics equipment solutionmarket. Meanwhile, enterprises are paying more attention to cost reductionand cutting down one-time purchase expenditures, as well as improvingutilization rate and operational efficiency during the