ANNUAL REPORT 年報 2024 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 ANNUAL REPORT 2024 年 報 Contents 目錄 Contents 目錄 | | Page | | --- | --- | | | 頁次 | | Corporate Information | 2 | | 公司資料 | | | Vice Chairman's Statement | 4 | | 副主席報告 | | | Management Discussion and Analysis | 6 | | 管理層討論與分析 | | | Biographies of Directors and Senior Management | 12 | | 董事及高級管理人員履歷 | | | Directors' Report | 19 | | 董事會報告 | | | Corporate Governance Report | 31 | | 企業管治報告 | | | Environmental, Social and Governance ...

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之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告 全部或任何部分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。 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：994） 截至2024年12月31日止年度的 年度業績公告 年度業績 中天順聯（國際）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公 佈本公司及其附屬公司（統稱為「本集團」）截至2024年12月31日止年度的經審 核綜合年度業績，連同截至2023年12月31日止年度的比較數字。 1 綜合損益及其他全面收益表 截至2024年12月31日止年度 | | | 2024年 | 2023年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收益 | 3 | 558,058 | 345,847 | | 收益成本 | | (518,143) | (325,108) | | 毛利 ...

S CTVISION CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 (Incorporated in Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號：994 Interim Report 中期報告 2024 Contents 目錄 Contents 目錄 Corporate Information 2 公司資料 Management Discussion and Analysis 4 管理層討論與分析 Disclosure of Interests 10 權益披露 Corporate Governance and Other Information 14 企業管治及其他資料 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 17 簡明綜合損益及其他全面收益表 Condensed Consolidated Statement ...

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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 1 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：994） 截至2024年6月30日止六個月之 未經審核中期業績公告 中期業績 中天順聯（國際）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公 司及其附屬公司（統稱為「本集團」）截至2024年6月30日止六個月的未經審核簡明綜 合中期業績，連同2023年同期的比較數字。 簡明綜合損益及其他全面收益表 截至2024年6月30日止六個月 | --- | --- | --- | --- | |------------------------------|-------|-------------------------------------|----------------------| | | | 截至 6 月 ...

Annual Report 年報 2023 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 ANNUAL REPO RT 2023 年 報 Contents 目錄 | | Page | | --- | --- | | | 頁次 | | Corporate Information | 2 | | 公司資料 | | | Vice Chairman's Statement | 4 | | 副主席報告 | | | Management Discussion and Analysis | 5 | | 管理層討論與分析 | | | Biographies of Directors and Senior Management | 10 | | 董事及高級管理人員履歷 | | | Directors' Report | 17 | | 董事會報告 | | | Corporate Governance Report | 29 | | 企業管治報告 | | | Environmental, Social and Governance Report | 4 ...

Financial Performance - The company's revenue for the year ended December 31, 2023, was HKD 345.847 million, an increase of 62% compared to HKD 213.379 million in 2022[15] - The gross profit margin decreased from approximately 7.1% in 2022 to about 6.0% in 2023, primarily due to changes in the revenue mix[4] - The operating loss for the year was HKD 19.792 million, a significant improvement from an operating loss of HKD 38.709 million in 2022[15] - The net loss attributable to the company's owners for continuing operations was HKD 21.600 million, compared to HKD 37.964 million in the previous year, reflecting a reduction of 43%[23] - The total comprehensive loss for the year was HKD 25.550 million, down from HKD 100.179 million in 2022, indicating a substantial improvement[23] - The company reported a total loss of HKD 90,984,000 for the year, with a loss from continuing operations in the e-commerce segment amounting to HKD 5,311,000[34] - The company reported a loss attributable to shareholders of HKD 21.6 million in 2023, significantly improved from a loss of HKD 87.5 million in 2022, representing a reduction of 75.7%[87] Revenue Breakdown - Total revenue for the year ended December 31, 2022, was HKD 297,485,000, with a significant contribution from renewable energy business at HKD 201,784,000, representing approximately 67.8% of total revenue[34] - Revenue from renewable energy power stations increased to HKD 331,815,000 in 2023, up from HKD 200,983,000 in 2022, reflecting a growth of approximately 65.3%[50] - Renewable energy business contributed approximately HKD 332.5 million in revenue for the year ended December 31, 2023, up from HKD 201.8 million in 2022, representing a growth of 64.6%[69] - The e-commerce business generated revenue of approximately HKD 12.0 million for the year ended December 31, 2023, compared to HKD 10.0 million in 2022, reflecting a growth of 20%[96] - For the year ended December 31, 2023, the group's revenue was approximately HKD 345.8 million, an increase from HKD 213.4 million in 2022, primarily driven by a rise in renewable energy business revenue of approximately HKD 130.8 million[119] Assets and Liabilities - The total assets decreased from HKD 331.274 million in 2022 to HKD 259.387 million in 2023, a decline of approximately 22%[24] - The company’s total liabilities decreased to HKD 154,976,000 in 2023 from HKD 235,943,000 in 2022, indicating a reduction of about 34.3%[45] - The company’s equity increased from HKD 95.331 million in 2022 to HKD 104.411 million in 2023, reflecting a growth of approximately 9%[24] - Trade receivables decreased to HKD 75.2 million in 2023 from HKD 102.7 million in 2022, a decline of 26.8%[88] Cash Flow and Financing - The cash and bank balances increased significantly from HKD 4.454 million in 2022 to HKD 46.551 million in 2023[24] - The company completed a subscription agreement on January 8, 2024, for up to 40 million new shares at a subscription price of HKD 0.40 per share, raising approximately HKD 15.5 million for general working capital[6] - The net proceeds from the subscription and placement of shares amounted to approximately HKD 50.1 million, with about HKD 38.9 million allocated for the development of renewable energy business and HKD 11.2 million for general working capital[128] Expenses and Costs - Sales and administrative expenses decreased by approximately HKD 13.7 million to about HKD 37.6 million, a reduction of 26.7% compared to 2022[73] - Interest expenses for the year totaled HKD 1,375,000, with HKD 778,000 attributed to the renewable energy segment[34] - The company recorded a net impairment loss on trade receivables and contract assets of HKD 3,427,000, primarily from the renewable energy business[34] Tax and Government Subsidies - The effective tax rate for the year was impacted by deferred tax liabilities, resulting in a total income tax expense of HKD 1,888,000 for 2023[40] - The company received government subsidies totaling approximately HKD 460,000 in 2023, compared to HKD 1,216,000 in 2022, showing a decline of about 62.1%[55] Operational Metrics - The current ratio improved to 1.5 in 2023 from 1.3 in 2022, indicating better short-term financial health[100] - The leverage ratio increased to 37.3% in 2023 from 30.1% in 2022, suggesting a higher level of debt relative to equity[100] - The net debt-to-equity ratio improved to (6.8)% in 2023 from 23.9% in 2022, indicating a reduction in net debt[100] - The interest coverage ratio was (20.4) in 2023, compared to (28.5) in 2022, reflecting a decrease in the ability to cover interest expenses[100] Future Outlook and Strategy - The group aims to enhance profitability by exploring other business opportunities and considering asset sales, acquisitions, and diversification strategies[126] - The group has no significant post-balance sheet events as of the announcement date[109] - The group has no foreign currency hedging policy in place as of December 31, 2023, but will monitor foreign currency risks closely[124] Workforce - The group had 24 employees as of December 31, 2023, and offers a competitive compensation package based on market levels and performance[102] Dividend Policy - The company does not recommend the payment of a final dividend for the year ended December 31, 2023[110] Audit and Governance - The audit committee, composed of three independent non-executive directors, reviewed the consolidated financial statements for the year ended December 31, 2023[115]

(b) Segment Information (continued) Revenue from external customers/tenants: 地區資料 外部客戶╱租戶收益： 32 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 Interim Report 2023 中期報告 Six months ended 30 June (Unaudited) 截至6月30日止六個月（未經審核） 2023 2022 2023年 2022年 HK$'000 HK$'000 千港元 千港元 273 3,502 273 3,502 5. 其他虧損淨額 9. LOSS PER SHARE 9. 每股虧損 每股基本虧損乃按本公司擁有人應佔虧損 除以截至2023年及2022年6月30日止六個月 已發行普通股的加權平均數計算。 Six months ended 30 June (unaudited) | --- | --- | --- | --- | |----------------------------------------------- ...

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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 （於開曼群島註冊成立之有限公司） 994 （股份代號： ） 2023 6 30 截至 年 月 日止六個月之 未經審核中期業績公告 中期業績 中天順聯（國際）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公 2023 6 30 司及其附屬公司（統稱為「本集團」）截至 年 月 日止六個月的未經審核簡明綜 2022 合中期業績，連同 年同期的比較數字。 ...

本公司已於2017年6月23日成立薪酬委員會，並訂 定不遜於企業管治守則的條款的書面職權範圍。 薪酬委員會主要職責包括釐定╱檢討個別執行董 事及高級管理人員的薪酬待遇、全體董事及高級 管理層的薪酬政策及架構並就上述事項向董事會 提出建議；以及設立制訂此等薪酬政策及架構的 高透明度程序以確保概無董事或其任何聯繫人參 與釐定其自身薪酬。 於截至2022年12月31日止年度，薪酬委員會曾舉行 兩次會議。各成員出席薪酬委員會會議的記錄載 列如下： NOMINATION COMMITTEE At present, there are 9 members in the Board of the Company, including 8 male directors and 1 female director. All directors possess university or above educational level whereas some possess professional qualifications in accountancy, chartered secretary and laws etc. ...

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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何 部分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。 CT Vision S.L. (International) Holdings Limited 中天順聯（國際）控股有限公司 （於開曼群島註冊成立之有限公司） 994 （股份代號： ） 2022 12 31 截至 年 月 日止年度的 年度業績公告 年度業績 中天順聯（國際）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公 2022 12 31 司及其附屬公司（統稱為「本集團」）截至 年 月 日止年度的經審核綜合年度業 2021 12 31 績，連同截至 年 月 日止年度的比較數字。 ...