从玉智农二零二四年年报

(formerly known as China Finance Investment Holdings Limited)(Incorporated in Bermuda with limited liability) (Stock Code: 875) CONTENTS CORPORATE INFORMATION BOARD OF DIRECTORS Executive directorsMr. LIN Yuhao(Chairman and Co-Chief Executive Officer)Ms. WANG Hui Independent non-executive directors Mr. LI ShaohuaMs. ZHU RouxiangMs. LI Yang AUDIT COMMITTEE Ms. LI Yang(Committee Chairlady)Mr. LI ShaohuaMs. ZHU Rouxiang REMUNERATION COMMITTEE Ms. ZHU Rouxiang(Committee Chairlady)Mr. LI ShaohuaMs. LI Yang NOMINATION COMMITTEE Mr. LIN Yuhao(Committee Chairman)Ms. ZHU RouxiangMr. LI ShaohuaMs. LI Yang CORPORATE GOVERNANCE COMMITTEE Ms. LI Yang(Committee Chairlady)Mr. LI ShaohuaMs. ZHU Rouxiang AUTHORISED REPRESENTATIVES Mr. LIN YuhaoMs. TSUI Mei Fung COMPANY SECRETARYMs. TSUI Mei Fung REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda CORPORATE INFORMATION HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESSIN HONG KONG B Room B, 1/FShun Cheung Industrial BuildingNo. 26 Wing Hong StreetCheung Sha Wan, KowloonHong Kong AUDITOR Infinity CPA LimitedCertified Public Accountants and Public Interest Entity AuditorRoom 1501, 15/FOlympia Plaza255 King’s RoadNorth Point, Hong Kong 255151501 PRINCIPAL SHARE REGISTRAR Ocorian Services (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Ocorian Services (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 1617 SHARE LISTING 875 The Stock Exchange of Hong Kong LimitedStock Code: 875 CORPORATE WEBSITEhttp://www.cyia.hk http://www.cyia.hk INVESTOR RELATIONSEmail: info@cyia.hk info@cyia.hk Shareholders may send their request to receive copies of the annualreport by notice in writing to the head office of the Company or bysending an email to info@cyia.hk. info@cyia.hk CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of Congyu Intelligent Agricultural Holdings Limited (the“Company”) and its subsidiaries (collectively, the “Group”), I am pleasedto present you with the annual results of the Group for the year ended 31December 2024 (the “Reporting Period”). The past year has been a challenging one for both our company andthe industries in which we operate. Amidst a backdrop of intensifiedcompetition, rising operational costs, and shifting market dynamics, ourfinancial performance has faced significant pressures. While our revenueand profitability have declined year-on-year, we remain steadfast in ourcommitment to strengthening the foundation of our business and drivinglong-term sustainable growth. 1,253,000,0001,439,400,00012.9%45,800,00045,600,000 During the Reporting Period, the Group recorded a revenue fromAgricultural and Meat Business (as defined below) of approximatelyHK$1,253.0 million, representing a decrease of approximately 12.9%from approximately HK$1,439.4 million for the year ended 31 December2023 (the “Corresponding Period”). The Group recorded a gross profitfrom Agricultural and Meat Business (as defined below) of approximatelyHK$45.8 million as compared with a gross profit of approximatelyHK$45.6 million for the Corresponding Period. Inthe agricultural sector,the market environment has becomeincreasingly competitive, with evolving consumer preferences, stricterregulatory requirements, and unpredictable weather patterns impactingproduction and supply chains. Similarly, the frozen meat trade has beenaffected by fluctuating commodity prices, geopolitical uncertainties,and changes in import and export policies. These external factors havecompounded the operational challenges we face, placing added pressureon our business performance. Despite these headwinds, we view this period as an opportunity toadapt, innovate, and position ourselves for the future. Our strategicfocus remains on enhancing operational efficiency, optimizing coststructures, and leveraging technology to improve productivity. In ouragricultural business, we are exploring sustainable farming practicesand modernizing our operations to meet the growing demand for high-quality, safe, and eco-friendly produce. For our frozen meat trade, we arestrengthening partnerships across the supply chain and diversifying ourproduct offerings to better serve our customers and mitigate risks. CHAIRMAN’S STATEMENT Looking ahead, we anticipate that the operating environment will remainchallenging. However, we are confident that our proactive measures,combined with our disciplined management approach, will enable us tonavigate these uncertainties and emerge stronger. Our focus will continueto be on creating value for our shareholders, employees, and customerswhile contributing positively to the industries and communities we operatein. Finally, on behalf of the board (the “Board”) of directors