天德化工二零二五年中期报告

CONTENTS 2Corporate Information4Condensed Consolidated Income Statement5Condensed Consolidated Statement of Comprehensive Income6Condensed Consolidated Statement of Financial Position7Condensed Consolidated Statement of Cash Flows8Condensed Consolidated Statement of Changes in Equity10Notes to the Condensed Consolidated Financial Statements26Management Discussion and Analysis32Other Information 公司資料Corporate Information BOARD OF DIRECTORSExecutive Directors Mr. Liu Yang(Chairman)Mr. Wang ZijiangMr. Chen Xiaohua(General manager) Independent Non-Executive Directors Mr. Leung Kam WanMr. Liu ChenguangMs. Shan Honghong BOARD COMMITTEESAudit Committee Mr. Leung Kam Wan(Chairman)Mr. Liu ChenguangMs. Shan Honghong Remuneration Committee Mr. Liu Chenguang(Chairman)Mr. Leung Kam WanMr. Liu YangMs. Shan Honghong Nomination Committee Mr. Liu Yang(Chairman)Mr. Leung Kam WanMr. Liu Chenguang Safety and Environmental Protection Committee Mr. Liu Yang(Chairman)Ms. Shan HonghongMr. Li Yuguo COMPANY SECRETARYMs. Lau Wai Chun INDEPENDENT AUDITOR BDO LimitedCertified Public Accountants andRegistered Public Interest Equity Auditor PRINCIPAL BANKERS Industrial Bank Co., Ltd.China Merchants BankChina Construction Bank CorporationChina CITIC Bank HONG KONG SHARE REGISTRAR AND TRANSFEROFFICE 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716 on the 17th FloorHopewell Centre 183 Queen’s Road EastWan ChaiHong Kong 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 HONG KONG 12222204A Room 2204A on the 22nd FloorBank of America Tower12 Harcourt Road CentralHong Kong HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESSIN THE PEOPLE’S REPUBLIC OF CHINA (THE “PRC”) Weifang High Tech Industry Development ZoneWeifang CityShandong ProvinceThe PRC www.tdchem.com COMPANY WEBSITEwww.tdchem.com : 609 STOCK CODE The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): 609 INVESTOR RELATIONS 12222204A852-2866 6848852-2866 8922ir@tdchem.com Room 2204A on the 22nd FloorBank of America Tower12 Harcourt Road CentralHong KongTel: 852-2866 6848Fax: 852-2866 8922ir@tdchem.com 簡明綜合收益表 Condensed Consolidated Income Statement 截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 簡明綜合全面收益表Condensed Consolidated Statement of Comprehensive Income 截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 簡明綜合財務狀況表Condensed Consolidated Statement of Financial Position 於二零二五年六月三十日As at 30 June 2025 截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 Non-cash transactions: 106,400,000 The non-cash financing activities during the six months ended 30 June2025 included entering into the supplier finance arrangements withbanks. Under these arrangements, the banks paid to the suppliers of theGroup directly in aggregated amount of RMB106,400,000 (six monthsended 30 June 2024: Nil) and the Group presents payables to the banksunder these arrangements as “bank borrowings” during the period. 簡明綜合權益變動表 Condensed Consolidated Statement of Changes in Equity截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 簡明綜合權益變動表Condensed Consolidated Statement of Changes in Equity 截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 簡明綜合財務報表附註Notes to the Condensed Consolidated Financial Statements 截至二零二五年六月三十日止六個月For the six months ended 30 June 2025 1. 1.GENERAL INFORMATION AND BASIS OFPREPARATION AND PRESENTATION CricketSquare, Hutchins Drive, P.O. Box 2681, GrandCayman KY1-1111, Cayman Islands Tiande Chemical Holdings Limited (the “Company”) wasincorporated in the Cayman Islands as an exempted company withlimited liability under the Companies Law of the Cayman Islands.The address of its registered office is Cricket Square, Hutchins Drive,P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands. TheCompany’s shares are listed on the Stock Exchange. The principal activity of the Company is investment holding.The principal activities of the Company’s subsidiaries (togetherwith the Company referred to as the “Group”) are research anddevelopment, manufacture and sale of fine chemical products. The unaudited interim condensed consolidated financial statementsfor the six months ended 30 June 2025 (the “UnauditedCondensed Financial Information”) have been prepared inaccordance with Hong Kong Accounting Standard (“HKAS”) 34“Interim Financial Reporting” issued by the Hong Kong Instituteof Certified Public Accountants (the “HKICPA”) and the applicabledisclosure requirements of Appendix D2 to the Rules Governing theListing of Securities on the Stock Exchange (the “Listing Rules”). TheUnaudited Condensed Financial Information has been authorisedand approved for issue by the board of the Directors (the “Board”)on 25 August 2025. 34D2 The Unaudited Condensed Financial Information does not includeall the information and disclosures required in the annual financials