国鸿氢能二零二五年中期报告

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd.國鴻氫能科技 ( 嘉興 ) 股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability)（於中華人民共和國註冊成立之股份有限公司）Stock Code 股份代號 : 9663 中期報告INTERIM REPORT2025 Contents 2Definitions6Corporate Information9Financial Highlights10Management Discussion and Analysis32Other Information58Condensed Consolidated Interim Statement of Profit or Loss59Condensed Consolidated Interim Statement of ComprehensiveIncome60Condensed Consolidated Interim Statement of FinancialPosition62Condensed Consolidated Interim Statement of Changes inEquity64Condensed Consolidated Interim Statement of Cash Flows66Notes to Condensed Consolidated Interim FinancialStatements In this interim report, unless otherwise indicated in the context, the following expressions have the meanings set outbelow: “Group”, “our Group”, “we” or “us” “Hong Kong” Definitions “Listing Rules” “Listing Date” or “Listing” “Model Code” “Mr. Chen” “PRC” or “China” “Pre-IPO Share Option(s)” or“Option(s)” 20231127the prospectus issued by the Company in connection with the HongKong public offering dated 27 November 2023 research and development 2025630six months ended 30 June 2025 Renminbi, the lawful currency of the PRC “RMB” Securities and Futures Commission of Hong Kong “SFC” “SFO” “Share(s)” holder(s) of our Share(s) “Shareholders” “Stock Exchange” the supervisor(s) of the Company “Supervisor(s)” %“%” THE BOARD Executive Directors 202532820253 28 Mr. Chen Xiaomin(Chairman) (re-appointed on 28 March 2025) Mr. Ye Jiajie(re-appointed on 28 March 2025) Non-executive Directors 20253 2820253 2820253 2820253 2820253 2820253 28 Mr. Yang Zeyun(re-appointed as a non-executive Director on 28March 2025)Mr. Dong Guihu(appointed on 28 March 2025)Mr. Huang Jiao(re-appointed on 28 March 2025)Mr. Zhang Chen(appointed on 28 March 2025)Mr. Zhan Zhanlin(retired on 28 March 2025)Dr. Wan Yu(retired on 28 March 2025) Independent non-executive Directors 20253 2820253 2820253 28 Mr. Liu Xin(re-appointed on 28 March 2025)Dr. Xing Wei(re-appointed on 28 March 2025)Ms. Wong Yan Ki, Angel(re-appointed on 28 March 2025) SUPERVISORS 202532820253 2820253 28 Ms. Lin Minting(Chairlady) (re-appointed on 28 March 2025) Mr. Hu Muzhou(re-appointed on 28 March 2025)Mr. Liao Han(re-appointed on 28 March 2025) AUDIT COMMITTEE Ms. Wong Yan Ki, Angel(Chairlady)Mr. Liu XinDr. Xing Wei REMUNERATION COMMITTEE Mr. Liu Xin(Chairman)Mr. Chen XiaominMs. Wong Yan Ki, Angel NOMINATION COMMITTEE Mr. Chen Xiaomin(Chairman)Mr. Liu XinDr. Xing Wei STRATEGY COMMITTEE Mr. Chen Xiaomin(Chairman)Mr. Liu XinMr. Yang Zeyun JOINT COMPANY SECRETARIES Mr. Wang JunMr. Chu Wing Tim Benedict(appointed on 22 August 2025)Ms. Leung Ho Yee(resigned on 22 August 2025) 20258 2220258 22 AUTHORIZED REPRESENTATIVES 20253 2820258 2220253 2820258 22 Mr. Ye Jiajie(appointed on 28 March 2025)Mr. Chu Wing Tim Benedict(appointed on 22 August 2025)Mr. Yang Zeyun(resigned on 28 March 2025)Ms. Leung Ho Yee(resigned on 22 August 2025) AUDITOR PricewaterhouseCoopers (Certified Public Accountants and Registered Public Interest EntityAuditor)22/F, Prince’s Building CentralHong Kong 22 LEGAL ADVISOR AS TO HONG KONG LAWS 1373701-10 Jun He Law Offices Suites 3701-10, 37/FJardine House1 Connaught PlaceCentralHong Kong H H SHARE REGISTRAR 148212103B Boardroom Share Registrars (HK) Limited2103B, 21/F, 148 Electric RoadNorth Point, Hong Kong Corporate Information REGISTERED OFFICE AND HEAD OFFICE INTHE PRC 37501-2 Room 501-2, Block No. 37Hangzhou Bay New Economic ParkPort DistrictJiaxing CityZhejiang ProvincePRC 16 PRINCIPALPLACE OF BUSINESS IN HONGKONG REGISTERED UNDER PART 16 OF THECOMPANIES ORDINANCE 14831 31/F, 148 Electric RoadNorth Point, Hong Kong 9663 STOCK CODE9663 PRINCIPAL BANK First Floor, South Region, LiyayuanNanhai Avenue, Guicheng StreetNanhai District, Foshan CityGuangdong ProvincePRC www.sinosynergypower.com COMPANY’S WEBSITE www.sinosynergypower.com Management Discussion and Analysis BUSINESS OVERVIEW The Company focuses on research, production and sales of hydrogenenergy core equipment, including fuel cell stacks, fuel cell systems,power generation equipment and hydrogen production equipment. Itiscommitted to opening up the“production-storage-transportation-application” hydrogen energy ecological chain and enabling industrialdecarbonizationand green energy transformation.The Companyadheres to the core principles of “tenacity, innovation, openness andmutual benefit”, comprehensively deploys the entire chain of hydrogenenergycore equipment,transforms hydrogen energy technologyinto the core engine to drive the green economy and promotes thelarge-scalehydrogen energy application and commercial progressintransportation,energy storage,power generation,industry,low-altitude economy and other fields through continuous technologicalinnovation to deeply integrate into the national dual-ca