中国智慧能源2025中期报告

股份代號（於百慕達註冊成立之有限公司） CORPORATE INFORMATION2CONDENSED CONSOLIDATED STATEMENT OF PROFIT ORLOSS AND OTHER COMPREHENSIVE INCOME4CONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITION6CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY8CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS9NOTES TO THE CONDENSED CONSOLIDATEDFINANCIAL STATEMENTS10MANAGEMENT DISCUSSION AND ANALYSIS24OTHER INFORMATION30 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Chen Xiaxuan(Chairman of the Board and Chief Executive Officer)Mr. Bo DatengMs. Yue Lu Independent Non-executive Directors Mr. Pun Hau ManMr. Lo Ka KiMr. Choi Pun Lap COMPANY SECRETARY Mr. Cheung Chung Yuen Wilson AUTHORISED REPRESENTATIVES Mr. Chen XiaxuanMr. Cheung Chung Yuen Wilson AUDIT COMMITTEE Mr. Lo Ka Ki(Chairman)Mr. Pun Hau ManMr. Choi Pun Lap REMUNERATION COMMITTEE Mr. Lo Ka Ki(Chairman)Mr. Pun Hau ManMr. Choi Pun Lap NOMINATION COMMITTEE Mr. Chen Xiaxuan(Chairman)Mr. Pun Hau ManMr. Lo Ka KiMr. Choi Pun Lap AUDITORS 38223 ZHONGHUI ANDA CPA LimitedCertified Public Accountants23/F, Tower 2, Enterprise Square Five38 Wang Chiu Road, Kowloon BayKowloon, Hong Kong China Smarter Energy Group Holdings Limited | Interim Report 2025 REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM11Bermuda Clarendon House2 Church StreetHamilton HM11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Room 2109, 21st FloorWayson Commercial Building28 Connaught Road WestSheung WanHong Kong 28212109 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Codan Services LimitedClarendon House2 Church StreetHamilton HM11Bermuda Codan Services LimitedClarendon House2 Church StreetHamilton HM11Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS China CITIC Bank International LimitedDBS Bank (Hong Kong) LimitedBank of Communications (Hong Kong) Limited STOCK CODE 1004 1004 www.cse1004.com COMPANY WEBSITE www.cse1004.com Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended 30 June 2025 The board (the “Board”) of directors (the “Directors”) of China SmarterEnergy Group Holdings Limited (the “Company”) announces thecondensed consolidated financial results of the Company and itssubsidiaries (collectively referred to as the “Group”) for the six monthsended 30 June 2025 together with comparative figures for thecorresponding period. These condensed consolidated financial statementshave not been audited but have been reviewed by the Company’s auditcommittee (the “Audit Committee”). Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended 30 June 2025 Condensed Consolidated Statement of Financial Position As at 30 June 2025 Condensed Consolidated Statement of Financial Position As at 30 June 2025 Condensed Consolidated Statement of Changes in Equity Condensed Consolidated Statement of Cash Flows For the six months ended 30 June 2025 Notes to the Condensed Consolidated Financial Statements 1. 1.BASIS OF PREPARATION 34 The condensed consolidated financial statements for the sixmonths ended 30 June 2025 have been prepared in accordancewith Hong Kong Accounting Standard (“HKAS”) 34 “Interimfinancial reporting” issued by the Hong Kong Institute of CertifiedPublic Accountants (the “HKICPA”), as well as the applicabledisclosure requirements of Appendix 16 to the Rules Governing theListing of Securities on the Stock Exchange of Hong Kong Limited(the “Listing Rules”). The condensed consolidated financial statements do not includeall the information and disclosures required in the annual financialstatements, and should be read in conjunction with the Group’sannual consolidated financial statements for the year ended 31December 2024. These condensed consolidated financial statements havebeen prepared under the historical cost convention, except forinvestment properties and financial assets at fair value throughprofit or loss, which have been measured at fair value. Theseunaudited interim condensed consolidated financial statements arepresented in Hong Kong dollar (“HK$”) and all values are roundedto the nearest thousand except when otherwise indicated. Going concern basis 98,922,0001,473,161,000698,973,000698,973,00018,948,000 The Group incurred a net loss of approximately HK$98,922,000for the six months ended 30 June 2025 and, as of that date,the Group’s current liabilities exceeded its current assetsby approximately HK$1,473,161,000. As at that date, theGroup’s bank and other borrowings amounted to approximatelyHK$698,973,000, of which current bank and other borrowingsamounted to approximately HK$698,973,000, while its cash andcash equivalents amounted to approximately HK$18,948,000 only. The directors have estimated the Group’s cash requirements bypreparing a Group cashflow forecast for the 12 months ending 30