香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Continental Aerospace Technologies Holding Limited 大陸航空科技控股有限公司 (於百慕達註冊成立之有限公司) 232 （股份代號： ） 截至二零二二年十二月三十一日止年度之全年業績公告 大陸航空科技控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈，本公司 及其附屬公司（「本集團」）截至二零二二年十二月三十一日止年度之綜合業績連同二 零二一年之比較數字。 綜合損益表 二零二二年 二零二一年 附註 千港元 千港元 （經重列） 4 1,665,515 1,416,409 收益 (1,157,027) (1,093,758) 銷售及服務成本 508,488 322,651 毛利 4 13,630 63,350 其他收入 4 (5,954) 4,337 預期信貸虧損模型下之減值虧損，扣除撥回 4 7,979 1,966 ...

Continental Aerospace Technologies Holding Limited 大 陸 航 空 科 技 控 股 有 限 公 司 (於百慕建註冊成立之有限公司) 股份代號 : 232 其他資料 10 中期財務資料 14 Continental Aerospace Technologies Holding Limited 大陸航空科技控股有限公司 二零二二年中期報告 1 目錄 公司資料 2 主席報告以及管理層討論及分析 3 簡明綜合財務報表審閱報告 37 108000000000 | --- | --- | |------------------------------------|------------------------------------------------------------------------------------------------| | | Continental Aerospace Technologies Holding Limited 大陸航空科技控股有限公司 二零二二年中期報告 | | 公司資料 | | | | | | 董事 黃勇峰 （主席） ...

Financial Performance - The Group recorded revenue of HK$1,416,409,000 in 2021, a 13.6% increase from HK$1,246,809,000 in 2020[5] - Gross profit for the year was HK$348,409,000, up from HK$182,199,000 in 2020[5] - The loss for the year decreased to HK$55,972,000 from HK$756,738,000 in 2020, primarily due to market recovery and reduced impairment of goodwill[5] - Basic loss per share improved to HK¢0.60 from HK¢8.13 in 2020[5] - The general aviation aircraft piston engine business recorded a loss of HK$48,108,000, significantly reduced from HK$749,196,000 in the previous year[8] - The market for new aircraft with general aviation piston engines increased by 5.5% year-on-year in 2021[9] - The number of orders for the general aviation aircraft piston engine business exceeded the previous year, indicating strong demand[10] - The piston engine business experienced a 13.6% year-on-year increase in sales revenue for the full year 2021, surpassing the previous year's order volume[11] Cost Management - The Company implemented several pricing increases in 2021 to mitigate inflationary cost pressures[10] - The company implemented several price increases in 2021 to protect profit margins amid rising inflationary cost pressures[11] Production and Capacity - The modernization program at the Blue Marlin factory in Mobile, Alabama, has successfully completed production preparations, with primary product processes expected to be fully operational by early 2023[12][14] - The new factory is anticipated to significantly increase production capacity while ensuring a competitive cost base, thereby improving profit margins[12][14] Assets and Liabilities - As of December 31, 2021, the Group's other intangible assets amounted to HK$1,564,078,000, down from HK$1,657,066,000 in 2020[19] - An impairment of other intangible assets of HK$6,428,000 was recognized for the year ending December 31, 2021, compared to HK$85,274,000 in 2020[19] - The Group's current assets were HK$1,290,759,000, a decrease of 16.9% from HK$1,553,030,000 in 2020[23] - The Group's current liabilities as of December 31, 2021, were HK$390,863,000, down 36.0% from HK$612,235,000 in 2020[23] - The total equity of the Group as of December 31, 2021, was HK$2,784,461,000, a decrease of 2.2% from HK$2,846,140,000 in 2020[23] - The Group's interest-bearing debts included bank borrowings of HK$Nil, down from HK$252,902,000 in 2020, and lease liabilities of HK$311,018,000, slightly down from HK$314,897,000 in 2020[23] Human Resources - As of December 31, 2021, the Group employed 510 staff, a decrease from 560 in 2020, with total wages and salaries amounting to HK$208,768,000, down from HK$233,668,000 in 2020[29] Innovation and Development - The Company launched a new OEM application platform and streamlined the Jet-A product portfolio, focusing on adding value to newer products and technologies[33] - The global R&D team is actively developing multiple projects in the Avgas and Jet-A product lines[35] - The company plans to simplify its product offerings and lean processes to enhance market share and customer satisfaction[35] Corporate Governance - The company emphasizes transparency, accountability, and responsibility to its shareholders to maintain good corporate governance practices[67] - For the year ended December 31, 2021, the company complied with all code provisions of the Corporate Governance Code[69] - The Board consists of five executive directors, one non-executive director, and three independent non-executive directors, with 7 out of 9 directors serving the full year[80] - All directors confirmed compliance with the Model Code for securities transactions throughout the year ended December 31, 2021[77] - The company has established written guidelines for securities transactions by relevant employees, with no incidents of non-compliance noted[78] - The Nomination Committee evaluates candidates for director appointments and submits recommendations to the Board[85] - Directors are subject to retirement by rotation, with one-third of the directors retiring at each annual general meeting[84] - The company will periodically review and improve its corporate governance practices[72] - The independent non-executive directors possess appropriate professional qualifications as prescribed by the Listing Rules[80] - The company has adopted the Model Code as its code of conduct regarding directors' securities transactions[73] - The Company has adopted a board diversity policy to maintain a competitive advantage by considering factors such as talents, skills, and gender[89] - The Board is responsible for formulating the overall strategy of the Group and monitoring its financial performance[91] - During the year ended December 31, 2021, the Company held ten Board meetings[101] - The Company reviewed its corporate governance policies and practices during the year[95] - The Board monitored the effectiveness of the risk management and internal control systems through the Audit Committee[96] - The Company arranged appropriate insurance cover for its Directors and officers against legal actions[99] - All Directors have access to the advice and services of the company secretary to ensure compliance with applicable rules and regulations[100] - The attendance record of Directors at Board meetings shows full participation, with some Directors attending all ten meetings[108] - The Company has set measurable objectives to implement its board diversity policy and will review progress towards these objectives[90] - The Company performed corporate governance duties under the CG Code during the year[95] - The company had a comprehensive training program for newly appointed directors to ensure awareness of their responsibilities under various regulations[111] - All directors participated in continuous professional development, receiving training in reading materials, updates, and attending seminars[112] Remuneration and Audit - The Remuneration Committee held three meetings in 2021 to review and recommend the remuneration packages for all directors[125] - The primary goal of the executive remuneration policy is to retain and motivate executive directors by linking compensation to performance against corporate objectives[126] - The Audit Committee met four times in 2021 to assess the external auditor's ability and review financial reporting processes and internal control systems[133] - The company has established a clear division of responsibilities between the chairman and the chief executive officer[117] - The company received annual confirmations of independence from its independent non-executive directors, ensuring compliance with Listing Rules[121] - The remuneration details for senior management indicate one individual received between HK$1,000,000 and HK$1,500,000[132] - The chairman and CEO roles are held by Mr. Huang Yongfeng and Mr. Yu Xiaodong, respectively, starting from April 1, 2022[115] - The company emphasizes the importance of non-executive directors in providing checks and balances to safeguard shareholder interests[121] - The Audit Committee held four meetings in 2021 to evaluate the effectiveness of the external auditor and review the Group's interim and annual performance reports[134] - The auditors, Deloitte Touche Tohmatsu, received HK$3,745,000 for audit services and HK$1,192,000 for non-audit services for the year ended December 31, 2021[145] - The Nomination Committee conducted three meetings in 2021 to review the structure and composition of the Board and assess the independence of non-executive Directors[139] Risk Management - The Company has adopted Hong Kong Financial Reporting Standards and prepared financial statements on a going concern basis[146] - The Board is responsible for the Group's risk management and internal control systems, which are designed to provide reasonable assurance against material misstatement and fraud[157] - The Company has timely announced and published its financial results in accordance with the Listing Rules[147] - The Nomination Committee emphasizes the importance of diversity in selecting candidates for the Board, considering factors such as gender, race, and experience[141] - The Audit Committee is tasked with reviewing the effectiveness of the Group's internal audit function and risk management systems[134] - The Company aims to enhance shareholder value through the commitment of its Board members to provide practical insights and good judgment[143] - The financial statements are prepared to reflect a true and fair view of the Group's state of affairs and results for the relevant financial period[146] - The Group's internal audit section evaluated the effectiveness and adequacy of the risk management and internal control systems, reporting no material deficiencies identified during the year ended December 31, 2021[159] - The Board confirmed that the Group's risk management and internal control systems were adequate and effective, complying with the provisions of the CG Code[159] - The internal audit section adopted an integrated risk assessment approach for the evaluation, with the review report presented to the Audit Committee and the Board in March 2022[160] Corporate Communication - The Company has implemented a Corporate Disclosure Policy to handle and disseminate inside information[161] - The updated memorandum of association and bye-laws of the Company were posted on the Company's website, with no changes during the year 2021[165] - Shareholders holding not less than one-tenth of the paid-up capital can requisition a special general meeting[167] - The requisition must state the purposes of the meeting and be signed by the requisitionists, deposited at the Registered Office[169] - The Company is committed to fair disclosure and effective communication with shareholders through various formal channels[182] - A shareholders' communication policy has been established and is subject to regular review to ensure effectiveness[183] - The Company Secretary is responsible for directing shareholder enquiries to the Board and has complied with all qualification and training requirements under the Listing Rules[162] - The company emphasizes effective communication with shareholders through various formal channels, including interim reports, annual reports, announcements, and circulars[186] - The 2021 annual general meeting was held on May 21, 2021, where separate resolutions were proposed for each issue, including the re-election of retiring directors, and voting was conducted by poll[192] Environmental, Social, and Governance (ESG) - The Board of Directors is committed to sustainable development and social responsibility, focusing on emission reduction, resource management, and occupational safety[196] - The company has established working groups within its primary operating units to set ESG goals and regularly review the effectiveness of these plans[197] - ESG-related risk management is critical to the Board, which has incorporated relevant risks into its risk management and internal control systems[200] - The company aims to enhance its corporate brand image and promote community development through its ESG initiatives[196] - The Board will actively participate in training to stay updated on ESG issues and may invite relevant experts to board meetings[197] - The company has a shareholder communication policy that is regularly reviewed to ensure its effectiveness[187] - The company announced the results of the poll at the annual general meeting in accordance with the Listing Rules[192] - The company prioritizes products that safeguard customers' health and safety, focusing on quality control and environmental risks in the supply chain[200]

Continental Aerospace Technologies Holding Limited 大 陸 航 空 科 技 控 投 有 限 公 司 (前稱為 AVIC International Holding (HK) Limited 中國航空工業國際控股 (香港)有限公司) (於百慕達註冊成立之有限公司) 股份代號 : 232 Notes to the Financial Statements For the year ended 31 December 2007 Continental Aerospace Technologies Holding Limited 大陸航空科技控股有限公司 二零二一年中期報告 1 目錄 公司資料 2 主席報告以及管理層討論及分析 3 其他資料 9 中期財務資料 14 簡明綜合財務報表審閱報告 39 Continental Aerospace Technologies Holding Limited 大陸航空科技控股有限公司 二零二一年中期報告 | --- | --- | --- | |------------------------------------|------ ...

AVIC AVIC International Holding (HK) Limited 中國 航空工 業 國 際 控 股 ( 香 港 ) 有 限 公 司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號 : 232) Annual Report 年報 CONTENTS 目錄 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 1 | --- | --- | --- | |-------------------------------------------------------------|----------------------------------------------|-------| | | Annual Report 2020 二零二零年年報 \nCONTENTS | 目錄 | | Chairman's Statement and Management Discussion and Analysis | 主席報告以 ...

AVIC AVIC International Holding (HK) Limited 中國 航空工 業 國 際 控 股 ( 香 港 ) 有 限 公 司 (於百赫達註冊成立之有限公司) (股份代號：232) 中期幸 Notes to the Financial Statements For the year ended 31 December 2007 1 其他資料 10 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 二零二零年中期報告 目錄 公司資料 2 主席報告以及管理層討論及分析 3 中期財務資料 14 簡明綜合財務報表審閱報告 43 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 二零二零年中期報告 公司資料 | --- | --- | |-----------------------------|---------------------------------------------| | | | | 董事 | 主要銀行 | | 賴偉宣 （主席） | 香港 ...

AVIC AVIC International Holding (HK) Limited 中國 航 空 工 業 國 際 控 股 ( 香 港 ) 有 限 公 司 限 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司 ) (Stock Code 股份代號 : 232) Annual CONTENTS 目錄 | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------|------------| | | Chairman's Statement and Management D ...

(股份代號：232) （於百慕達註冊成立之有限公司） 2019 中期報告 1 目錄 主席報告以及管理層討論及分析 3 其他資料 10 中期財務資料 14 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 二零一九年中期報告 公司資料 2 中期財務資料審閱報告 53 2 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 二零一九年中期報告 | --- | --- | --- | --- | |---------------------|-----------------------------|--------------------------------------|-------| | | | | | | 公司資料 | | | | | 董事 | 法律顧問 | | | | 劉洪德 （主席） | Michael LI & Co. | | | | 賴偉宣 （行政總裁） | 香港中環 | | | | 傅方興 | 皇后大道中 39 號 | | | | 張志標 | 豐盛創建大廈 19 ...

AVIC AVIC International Holding (HK) Limited 中國 航 空 工 業 國 際 控 股 ( 香 港 ) 有 限 公 司 限 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司 ) (Stock Code 股份代號 : 232) Annual Report 2018 年報 CONTENTS 目錄 AVIC International Holding (HK) Limited 中國航空工業國際控股（香港）有限公司 | --- | --- | --- | |-------------------------------------------------------------|-------------------------------------------------------------------------------|------------| | Chairman's Statement and Management Discussion and Analysis | Annual R ...