卫龙美味2024年中期报告

Stock code股份代號: 09985.HK(Incorporated in the Cayman Islands with limited liability)（於開曼群島註冊成立的有限公司） INTERIM REPORT2024中期報告 Contents 2Corporate Information5Definitions8Management Discussion and Analysis34Directors35Corporate Governance and Other Information49Independent Review Report51Interim Condensed Consolidated Statement of Profit or Loss52Interim Condensed Consolidated Statement of Comprehensive Income53Interim Condensed Consolidated Statement of Financial Position55Interim Condensed Consolidated Statement of Changes in Equity57Interim Condensed Consolidated Statement of Cash Flows59Notes to Interim Condensed Consolidated Financial Information Corporate Information SHARE LISTINGThe Stock Exchange of Hong Kong Limited(Stock Code: 9985) 9985 LISTING DATEDecember 15, 2022 20221215 REGISTERED OFFICE PO Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands PO Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN THE PRC Southwest CornerIntersection of Dongfanghong Road and Zhongshan RoadShaoling DistrictLuohe, HenanPRC TB-East Building, MIXC ParkNo. 6, Lane 206, Haojing RoadMinhang DistrictShanghaiPRC 2066TB– PRINCIPAL PLACE OF BUSINESS IN HONG KONG Unit 701, 7/FTower 2, SilvercordNo. 30 Canton Road, Tsim Sha TsuiKowloonHong Kong 3027701 COMPANY’S WEBSITEwww.weilongshipin.com www.weilongshipin.com Corporate Information BOARD OF DIRECTORSExecutive Directors Mr. LIU Weiping(Chairman)Mr. LIU Fuping(Vice Chairman)Mr. SUN Yinong(Chief Executive Officer)Mr. PENG HongzhiMr. LIU ZhongsiMr. YU Feng(appointed on April 25, 2024)Mr. CHEN Lin(resigned on April 25, 2024) 20244252024425 Independent Non-executive Directors Ms. XU LiliMr. ZHANG BihongMs. XING Dongmei JOINT COMPANY SECRETARIESMs. SHEN XiaochunMr. LI Kin Wai AUDIT COMMITTEE Mr. ZHANG Bihong(Chairman)Ms. XU LiliMs. XING Dongmei NOMINATION COMMITTEE Mr. LIU Weiping(Chairman)Ms. XU LiliMr. ZHANG Bihong REMUNERATION COMMITTEE Ms. XING Dongmei(Chairlady)Ms. XU LiliMr. YU Feng(appointed on April 25, 2024)Mr. CHEN Lin(resigned on April 25, 2024) 20244252024425 PRINCIPAL BANKERS Agricultural Bank of China Luohe Wuyi Road BranchChina CITIC Bank Zhengzhou Beilong Lake BranchBank of China (Hong Kong) LimitedShanghai Pudong Development Bank Co., Ltd.Zhengzhou Zhenggang Six Road Branch HONG KONG LEGAL ADVISOR Clifford Chance27/F, Jardine HouseOne Connaught PlaceCentralHong Kong 127 PRC LEGAL ADVISOR Commerce & Finance Law Offices12-14th Floor, China World Office 2No. 1 Jianguomenwai AvenueBeijingPRC 1212–14 AUDITOR 97927 Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER AGENT Maples Fund Services LimitedP.O. Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands Maples Fund Services LimitedP.O. Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands HONG KONG SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Definitions the audit committee of the Company “Date of Adoption” director(s) of the Company HACCP “HH Global Capital” Definitions the period from January 1, 2024 to June 30, 20242024112024630 research and development The Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)571 WEILONG Delicious Global Holdings Ltd, an exempted company incorporated in theCayman Islands with limited liability on July 6, 2018衛龍美味全球控股有限公司201876 Management Discussion and Analysis MACRO AND INDUSTRY ENVIRONMENT Looking back at the first half of 2024, China’s economy grew at a solidpace. According to the National Bureau of Statistics of China, China’sGDP grew by 5.0% year-on-year in the first half of 2024, which indicatedthat China’s economy maintained its growth momentum amidst globaluncertainties. 20242024GDP5.0% According to McKinsey’sChina’s Consumption Trends Survey in 20241,consumers have become more optimistic about both the macro economyand their personal finances as compared with a year ago. Specifically, thepercentage of people who are optimistic about Chinese macro economyhas increased from 73% to 76%, while consumers’ confidence in theirpersonal and household finances has increased from 63% in 2023 to67%. Although consumers remain cautious about their consumptionexpectations, only several demographics are not so optimistic. Mostnotably, younger consumers, particularly Generation Z, demonstrated ahigher willingness of consumption. This positive sentiment bodes well forthe growth potential of the snack food industry. 2024173%76%63%67%Z In the first half of 2024, China’s retail sales of social consumer goodsshowed an upward trend. According to theIn-depth Analysis and ForecastReport on the Development Trend of China’s Snack Food Industry from2022 to 20272released by Askci, the market size of China’s snack foodindustry