稀镁科技2025 中期报告

2025INTERIM REPORT DIRECTORS Executive Directors: Shum Sai Chit(Chairman and Chief Executive Officer)Chi Sile INDEPENDENT NON-EXECUTIVE DIRECTORS: Cheung Sound PoonSheng HongShen Yimin AUDIT COMMITTEE Cheung Sound Poon(Chairman)Sheng HongShen Yimin REMUNERATION COMMITTEE Shum Sai Chit(Chairman)Cheung Sound PoonSheng Hong NOMINATION COMMITTEE Shum Sai Chit(Chairman)Cheung Sound PoonSheng Hong COMPANY SECRETARY Fan Kwok Man, Raymond AUDITORSPrism Hong Kong Limited CORPORATE INFORMATION (CONTINUED) PRINCIPAL BANKERS O-Bank Co., Ltd.DBS Bank (Hong Kong) Limited REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda PRINCIPAL PLACE OF BUSINESS 516 16th Floor, Tower 5The GatewayHarbour CityTsim Sha Tsui, KowloonHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN BERMUDA Ocorian Management (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria Street, PO Box HM 1624Hamilton HM 10Bermuda Ocorian Management (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria Street, PO Box HM 1624Hamilton HM 10Bermuda B R A N C HS H A R E R E G I S T R A R A N D T R A N SFEROFFICE IN HONG KONG 1617 Tricor Secretaries Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong http://www.remt.com.hk WEBSITE http://www.remt.com.hk 00601 STOCK CODE 00601 20256 302024 The board of directors (the “Board”) of Rare Earth MagnesiumTechnology Group Holdings Limited (the “Company” or “REMT”)announces the unaudited condensed consolidated interim results ofthe Company and its subsidiaries (collectively the “Group”) for the sixmonths ended 30 June 2025 (“Period”), together with the comparativefigures for the corresponding period in 2024 as follows. C O N D E N S E DC O N S O L I D A T E D S T A T E M E N T O F P R O F I T O R L O S S A N D O T H E RCOMPREHENSIVE INCOME 20256 30For the six months ended 30 June 2025 CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVEINCOME (CONTINUED) 20256 30For the six months ended 30 June 2025 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 20256 30 At 30 June 2025 20256 30 At 30 June 2025 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 20256 30For the six months ended 30 June 2025 CONSOLIDATED STATEMENT OF CASH FLOWS 20256 30For the six months ended 30 June 2025 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED) 20256 30For the six months ended 30 June 2025 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 20256 30For the six months ended 30 June 2025 1. 1.BASIS OF PREPARATION 3416 The condensed consolidated financial statements are unauditedand have been prepared in accordance with Hong Kong AccountingStandard (“HKAS”) 34“Interim Financial Reporting”issued by theHong Kong Institute of Certified Public Accountants (“HKICPA”)and the applicable disclosure requirements of Appendix 16 to themain Board Listing Rules Governing the Listing of Securities onThe Stock Exchange of Hong Kong Limited (the“Listing Rules”). 2. 2.PRINCIPAL ACCOUNTING POLICIES The condensed consolidated financial statements have beenprepared on the historical cost basis except for certain financialinstruments, which are measured at fair values. 20256 30202412 31 The accounting policies and methods of computation used inthe condensed consolidated financial statements for the sixmonths ended 30 June 2025 are the same as those presented inthe Group’s annual financial statements for the year ended 31December 2024. 2. 2.PRINCIPAL ACCOUNTING POLICIES(continued) Application of amendments to HKFRSs The group has applied the amendments to HKAS 21,The effectsof changes in foreign exchange rates – Lack of exchangeabilityissued by the HKICPA to this interim financial report for thecurrent accounting period. The amendments do not have a materialimpact on this interim report as the group has not entered into anyforeign currency transactions in which the foreign currency is notexchangeable into another currency. 21– The group has not applied any new standard or interpretation thatis not yet effective for the current accounting period. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 20256 30For the six months ended 30 June 2025 3. 3.SEGMENT INFORMATION 20256 302024630 Information reported internally to the chief operating decisionmakers for the purpose of resource allocation and assessmentof segment performance focuses on types of goods or servicesdelivered or provided. The Group is principally engaged in onesingle segment, which is manufacturing and selling magnesiumrelated products during the period ended 30 June 2025 and30 June 2024. A single management team reports to the chiefoperating decision makers who comprehensively manages suchentire business segment. Accordingly, the Group does not haveseparately reportable segments. 4. 5. 6.INCOME TAX CREDIT NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 20256 30For the