中科生物中期报告2024

Stock Code: 1237()(Incorporated in the Cayman Islands with limited liability) 2024中期報告INTERIM REPORT Contents Corporate Information2Management Discussion and Analysis5Other Information13Consolidated Statement of Profit or Loss– Unaudited24Consolidated Statement of Profit or Loss andOther Comprehensive Income – Unaudited25Consolidated Statement of Financial Position– Unaudited26Consolidated Statement of Changes in Equity– Unaudited28Consolidated Cash Flow Statement – Unaudited30Notes to the Unaudited Interim Financial Report32 Corporate Information BOARD OF DIRECTORSExecutive DirectorsMs. Xie Qingmei(Chairman)Mr. Wu Zheyan(Chief Executive Officer) Independent Non-executive DirectorsMr. Tse Kwok Hing HenryProf. Jin Zhongwei(resigned on 29 July 2024)Prof. Su Wenqiang(resigned on 29 July 2024)Ms. Zheng Bingqian(appointed on 29 July 2024)Ms. Wu Liping(appointed on 29 July 2024) AUDIT COMMITTEE Mr. Tse Kwok Hing Henry(Chairman)Ms. Zheng BingqianMs. Wu Liping RISK MANAGEMENT COMMITTEE Mr. Tse Kwok Hing Henry(Chairman)Ms. Zheng BingqianMs. Wu Liping REMUNERATION COMMITTEE Ms. Wu Liping(Chairperson)Ms. Zheng BingqianMr. Tse Kwok Hing Henry NOMINATION COMMITTEE Ms. Zheng Bingqian(Chairperson)Ms. Wu LipingMr. Tse Kwok Hing Henry COMPANY SECRETARYMr. Wong Wai Lun,FCPA FCPA Corporate Information(Continued) FCPA AUTHORISED REPRESENTATIVES Mr. Wu ZheyanMr. Wong Wai Lun,FCPA AUDITORSCWK CPA LimitedCertified Public Accountants LEGAL ADVISORBird & Bird PRINCIPAL BANKERS Agricultural Bank of China, Zhangping BranchChina Construction Bank, Zhangping BranchBank of China, Zhangping Branch REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONGKONG 28814B Unit B, 14/F, Eton Building288 Des Voeux Road CentralSheung WanHong Kong HEAD OFFICE IN THE PRC Fushan Industrial District,Zhangping, Fujian, the PRC Corporate Information(Continued) PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN CAYMAN ISLANDS Codan Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Codan Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE Computershare Hong Kong InvestorServices LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong 183171712–1716 www.merrygardenholdings.com WEBSITEwww.merrygardenholdings.com 1237 STOCK CODE1237 Management Discussion and Analysis RESULTS OF OPERATION 4%186.5179.47.2%12.1%)13.421.7 TheGroup’s revenue slightly increased by 4%toRMB186.5million during the Period(six monthsended 30 June 2024), compared to the revenue ofRMB179.4 million from the corresponding period ofthe previous year (“20231H”). During the Period, theGroup registered a gross profit margin of 7.2% (20231H:12.1%). The Group record a gross profit of RMB13.4million during the Period (20231H: RMB21.7 million). BUSINESS REVIEW Segment review During the Period, the performance of our businesssegments are as follows: 1Note 1:Reportable segment (loss)/profit has excluded the aftertax effect of government subsidies. Management Discussion and Analysis(Continued) 185.41.1177.91.599.4%0.6%99.1%0.9% TheGroup’s core business segments comprisemanufacturingand sales of wooden products andmanufacturing and sales of renewable energy products.Duringthe Period,revenue from the two businesssegmentsamounted to approximately RMB185.4million and RMB1.1 million (20231H: approximatelyRMB177.9 million and RMB1.5 million), accounting for99.4% and 0.6% of the total revenue (20231H: 99.1%and 0.9%) respectively. 4.2%185.4177.9609,000472,000 Manufacturing and sales of wooden products is theprincipalsegment of the Group.In 2024,Globaleconomy remained unstable and the Group’s customerswere very conservative when purchasing. The Group’srevenuefrom manufacturing and sales of woodenproductsslightly increased by 4.2%to RMB185.4million (20231H: RMB177.9 million). Such reportablesegment recorded a loss of RMB609,000 (20231H: areportable segment loss of RMB472,000). 1.1262,0001.50.5 The Group’s renewable energy business focuses onthe recycling of leftover sawdust from the productionof our wooden products into biomass pellet fuel. TheGroup’s renewable energy business recorded a revenueof RMB1.1 million during the Period, with a profitof approximately RMB262,000 (20231H: revenue ofRMB1.5 million and profit of RMB0.5 million). During the Period, the distribution of revenue from ourglobal markets are as follows: The PRCNorth AmericaEuropeAsia Pacific (Exclusive of the PRC)Australasia Management Discussion and Analysis(Continued) 4.2%185.4177.899.4%99.1% Revenue from wooden products remained the largestincome stream of the Group during the Period. Revenuefrom such category increased by 4.2% to RMB185.4milli