CONNECT EVOLUTIO N 亨 鑫 科 技 有 限 公 司 年 報 http://www.hengxin.com.sg/ 亨 鑫 科 技 有 限 公 司 2024 年 報 目錄 | 02 | 公司簡介 | | --- | --- | | 03 | 五年財務概要 | | 04 | 財務摘要 | | 05 | 財務比率和業績 | | 06 | 主席獻辭 | | 16 | 管理層討論及分析 | | 56 | 關連及持續關連交易 | | 64 | 董事局 | | 67 | 主要管理人員 | | 68 | 公司資料 | | 69 | 企業管治報告 | | 89 | 財務目錄 | 亨鑫科技有限公司 公司簡介 亨鑫科技有限公司（「亨鑫科技」或「本公司」，連同其附屬公司統稱「本集團」）是中華人民共和國（「中國」）的移動通 訊領域領先的天饋一體化產品製造商之一。 於截至二零二二年十二月三十一日止年度，本公司已完成對南京掌御信息科技有限公司（「南京掌御」）及上 海掌御信息科技有限公司（「上海掌御」）（統稱「掌御公司」）的收購，成立本公司的新數字科技及數字安全 （「數字科技及數字安全」）業務分部。為更準確反映本集團的業務 ...

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈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。 HENGXIN TECHNOLOGY LTD. 財務摘要 * 僅供識別 - 1 - 1. 收入增加約11.7%至約人民幣2,520.0百萬元 2. 毛利增加約7.5%至約人民幣467.3百萬元 3. 毛利率減少約0.8個百分點至約18.5% 4. 本公司權益股東應佔純利減少約39.5%至約人民幣42.2百萬元 5. 每股基本盈利人民幣0.097元 6. 本公司不建議就截至二零二四年十二月三十一日止財政年度派付末期股息 亨鑫科技有限公司（「本公司」）董事（「董事」）會欣然宣佈本公司及其附屬公司（以下統稱 「本集團」）截至二零二四年十二月三十一日止年度（「報告期間」）的綜合業績連同二零二三 年同期比較數字如下： 綜合損益表 亨 鑫 科 技 有 限 公 司 * （以HX Singapore Ltd.名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） （股份代號：1085） 截至二零二四年十二月三十一日止年 ...

HENGXIN TECHNOLOGY LTD. 亨 鑫 科 技 有 限 公 司 * （以HX Singapore Ltd.名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） （股份代號：1085） 截至二零二四年六月三十日止六個月中期報告 | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | 1. | 截至二零二四年六月三十日止六個月的收入同比增加約人民幣 46.7 百萬元或 4.4% 至約人民幣 1,115.3 百萬元 | | 2. | 截至二零二四年六月三十日止六個月的毛利額同比增加約人民幣 2.4 百萬元或 1.2% 至約人民幣 210.2 百萬元 | | 3. | 截至二零二四年六月三十日止六個月的毛利率同比減少約 0.6 個百分點至約 18.8% | | 4. | 截至二零二四年六月三十日止六個月的本公司權益股東應佔純利同比減 ...

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈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。 HENGXIN TECHNOLOGY LTD. 亨 鑫 科 技 有 限 公 司 * （以HX Singapore Ltd.名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） （股份代號：1085） 截至二零二四年六月三十日止六個月中期業績公佈 | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | 1. | 截至二零二四年六月三十日止六個月的收入同比增加約人民幣 46.7 百萬元或 4.4% 至約人民幣 1,115.3 百萬元 | | 2. | 截至二零二四年六月三十日止六個月的毛利額同比增加約人民幣 2.4 百萬元或 1.2% 至約人 ...

Financial Statements and Notes - The company's property, plant, and equipment details for the year are provided in Note 15 of the financial statements[2] - The company's reserves and consolidated equity changes are detailed in Note 33 and the consolidated statement of changes in equity[3] - The company's bank loan details as of December 31, 2023, are provided in Note 29 of the financial statements[15] - The company's retirement plan details are disclosed in the financial statement notes[164] Shareholder and Equity Information - Cui Wei beneficially owns 100% of the issued share capital of Jin Yong Industrial Co., Ltd., which holds approximately 28.06% of the company's total issued share capital[8] - The company's major shareholder, Jin Yong, holds 108,868,662 ordinary shares, representing approximately 28.06% of the company's issued share capital[10] Employee and Workforce Information - The company had 1,095 full-time employees as of December 31, 2023, compared to 936 in 2022[19] - The company has no significant disputes with employees or difficulties in hiring and retaining experienced or technical staff[20] Environmental and Certification Information - The company has passed the OHSAS 18000 environmental system audit and has effective monitoring of water, electricity, and raw material usage[21] - The company's main operating subsidiary, Jiangsu Hengxin Technology Co., Ltd., obtained ISO 14001:2004 environmental management system certification in 2007[21] Audit and Financial Reporting - The company's independent auditor, KPMG, has been reappointed and will be proposed for reappointment at the upcoming annual general meeting[25] - The company's audit committee communicates with auditors on audit planning, significant audit findings, and internal control deficiencies[40] - The company's key audit matters are determined based on professional judgment and are disclosed in the auditor's report unless prohibited by law or regulation[41] - The company's financial statements are prepared on a going concern basis, with the board of directors responsible for assessing the company's ability to continue as a going concern[59] - The company's financial statements are prepared in accordance with International Financial Reporting Standards, with management making judgments and estimates that could affect the reported amounts of assets, liabilities, income, and expenses[133] Revenue and Profit Information - Revenue for 2023 increased to RMB 2,255,903 thousand, up 10.6% from RMB 2,039,583 thousand in 2022[92] - Gross profit rose to RMB 434,698 thousand in 2023, a 15.8% increase from RMB 375,525 thousand in 2022[92] - Operating profit surged to RMB 156,517 thousand in 2023, a 76.2% jump from RMB 88,834 thousand in 2022[92] - Net profit attributable to equity shareholders grew to RMB 69,702 thousand in 2023, up 9.6% from RMB 63,602 thousand in 2022[92] - Revenue for the fiscal year 2023 was RMB 2,255,903 thousand, with a gross margin of 19.2%[179] - Revenue from regions outside China accounted for 5.1% of total revenue, amounting to RMB 115,094 thousand[179] - Profit before tax for the fiscal year 2023 was RMB 125,532 thousand[179] - Non-controlling interests for the fiscal year 2023 were RMB -34,473 thousand[179] - Profit attributable to equity shareholders of the company for the fiscal year 2023 was RMB 69,702 thousand[179] - Revenue for the fiscal year 2023 reached 125.5 million[198] - Pre-tax profit for the fiscal year 2023 was 613 million[198] - Net profit attributable to equity shareholders for the fiscal year 2023 was 25 million[198] - Gross profit margin for the fiscal year 2023 was 6.7%[198] - Net profit margin attributable to equity shareholders for the fiscal year 2023 was 5%[198] - Revenue growth from fiscal year 2019 to 2023 increased from 113.5 million to 125.5 million[198] - Pre-tax profit growth from fiscal year 2019 to 2023 increased from 50 million to 613 million[198] - Net profit attributable to equity shareholders growth from fiscal year 2019 to 2023 increased from 0 to 25 million[198] - Gross profit margin growth from fiscal year 2019 to 2023 increased from 3.4% to 6.7%[198] - Net profit margin attributable to equity shareholders growth from fiscal year 2019 to 2023 increased from 0% to 5%[198] Assets and Liabilities - Total assets minus current liabilities increased to RMB 3,598,940 thousand in 2023, up from RMB 1,909,841 thousand in 2022[70] - Net current assets rose to RMB 1,868,833 thousand in 2023, compared to RMB 1,444,763 thousand in 2022[70] - Trade and other payables increased to RMB 453,042 thousand in 2023 from RMB 387,960 thousand in 2022[70] - Bank loans under current liabilities decreased to RMB 176,543 thousand in 2023 from RMB 228,634 thousand in 2022[70] - Non-current liabilities surged to RMB 860,367 thousand in 2023, primarily due to new bank loans of RMB 836,366 thousand[70] - Non-current assets expanded significantly to RMB 1,730,107 thousand in 2023, compared to RMB 465,078 thousand in 2022[95] - Cash and cash equivalents increased to RMB 944,863 thousand in 2023, up 14.4% from RMB 825,594 thousand in 2022[95] - Total equity rose to RMB 2,738,573 thousand in 2023, a 45% increase from RMB 1,888,830 thousand in 2022[98] - The company's revenue for the past five fiscal years ranged from RMB 1.14 billion to RMB 2.26 billion, with gross profit ranging from RMB 260.76 million to RMB 434.70 million[195] - The company's total assets ranged from RMB 2.19 billion to RMB 4.25 billion over the past five fiscal years, with total liabilities ranging from RMB 510.74 million to RMB 1.51 billion[196] - The company's net profit attributable to equity shareholders ranged from RMB 60.43 million to RMB 113.47 million over the past five fiscal years[193] - The company's equity attributable to shareholders ranged from RMB 1.68 billion to RMB 1.93 billion over the past five fiscal years[196] Cash Flow and Investment Activities - Operating cash flow generated was RMB 334,402 thousand in 2023, a decrease from RMB 478,390 thousand in 2022[76] - Net cash generated from operating activities was RMB 321,138 thousand in 2023, down 30.4% from RMB 461,159 thousand in 2022[103] - The company's investment in debt and equity securities is detailed, with specific accounting policies for non-equity investments, including amortized cost and fair value through profit or loss[122] - The company holds derivative financial instruments to manage its foreign exchange risk exposure, with embedded derivatives separated from the host contract under certain conditions[124] - The company's investment activities in 2023 included payments for property, plant, and equipment (RMB 23.78 million), intangible assets (RMB 28.16 million), and financial assets at fair value (RMB 12 million)[192] - The company's net cash used in investing activities in 2023 was RMB 438.89 million, compared to RMB 38.06 million in 2022[192] - The company's net cash from financing activities in 2023 was RMB 236.31 million, compared to a net cash outflow of RMB 118.22 million in 2022[192] - The company's cash and cash equivalents increased by RMB 118.55 million in 2023, reaching RMB 944.86 million at the end of the year[192] Depreciation and Amortization - Depreciation of property, plant, and equipment amounted to RMB 54,566 thousand in 2023, up from RMB 21,514 thousand in 2022[76] - Amortization of intangible assets increased to RMB 32,091 thousand in 2023 from RMB 13,565 thousand in 2022[76] - The company's property, plant, and equipment are depreciated using the straight-line method over estimated useful lives ranging from 3 to 30 years, depending on the asset type[161] - The company's intangible assets (excluding goodwill) are amortized using the straight-line method over their estimated useful lives, with the amortization period and method reviewed annually[152] Business Segments and Acquisitions - The company's strategic regional sales system in China serves long-term stable high-quality customers, including major telecom operators such as China Unicom, China Mobile, and China Telecom, and major telecom equipment manufacturers[44] - The company has been a leader in the Chinese market for radio frequency coaxial cables used in mobile communications, based on sales volume[45] - The company's products are exported to Europe and Asia, with sales to local telecom operators in India starting in 2010 through its wholly-owned subsidiary[44] - The company's digital technology and security segment focuses on chip R&D, design, sales, and supply chain services, as well as semiconductor intellectual property licensing and digital security products and services[47] - The company completed the acquisition of Nanjing Zhangyu Information Technology Co., Ltd. and Shanghai Zhangyu Information Technology Co., Ltd., establishing a new Digital Technology and Digital Security business segment focused on chip R&D, design, sales, and supply chain services[158] - The company acquired Zhejiang Zhongguang New Energy Technology Co., Ltd., forming a new Energy and Services business segment, which operates two CSP tower molten salt energy storage power stations with capacities of 10 MW and 50 MW in Qinghai Province[158] - Jiangsu Hengxin Technology Co., Ltd., a wholly-owned subsidiary, has an annual production capacity of approximately 168,000 kilometers of mobile communication RF coaxial cables, 7,860,000 accessories, and 120,000 antennas[159] - The company is one of the leading manufacturers of integrated antenna and feeder products in China's mobile communication sector[160] - The company acquired a 51% stake in Zhejiang Zhongguang New Energy Technology Co., Ltd. for a total consideration of RMB 729 million, resulting in a goodwill of RMB 46 million[186] - The acquisition of Zhejiang Zhongguang included identifiable net assets with a fair value of RMB 188 million, primarily consisting of intangible assets[186] Goodwill and Intangible Assets - The company's goodwill generated from business acquisitions is measured at cost less accumulated impairment losses and is subject to annual impairment testing[120] - Goodwill and other intangible assets amounted to RMB 155 million and RMB 46 million, respectively, generated from business combinations with Nanjing Zhangyu Information Technology Co., Ltd. and Shanghai Zhangyu Information Technology Co., Ltd. in July 2022, and with Zhejiang Zhongguang in July 2023[166] - No goodwill impairment loss was recognized for the year ended December 31, 2023[166] - The company's intangible assets, including patents and intellectual property resources, are measured at cost less accumulated amortization and any accumulated impairment losses, with specific useful lives ranging from 1.5 to 25.4 years[127][128] Trade Receivables and Credit Losses - The company's trade receivables from customers outside provincial grid companies amounted to RMB 554 million as of December 31, 2023, with a provision for expected credit losses of RMB 40 million[56] - The company's management uses significant judgment to estimate expected credit loss rates for trade receivables, considering factors such as aging and customer repayment history[56] - The company's audit procedures for assessing expected credit loss provisions include evaluating management's internal controls, testing historical credit loss data, and recalculating expected credit loss provisions[56] Investments and Financial Instruments - The company's investments in subsidiaries are accounted for at cost less impairment losses, unless classified as held for sale[138] - The company's investments in associates are accounted for using the equity method, with losses recognized up to the extent of the company's investment[140] - The company's financial instruments, including derivatives, are initially measured at fair value, with subsequent changes in fair value recognized in profit or loss[146] - The company's consolidated financial statements include the interests of the group and its associates, with specific accounting policies for subsidiaries and non-controlling interests[110][116] - The company's transactions with equity-accounted investees result in unrealized gains and losses being offset against the investment, limited to the company's interest in the investee[118] Management and Accounting Policies - The company's management reviews estimates and assumptions regularly, with revisions affecting the current and future periods recognized accordingly[112] - The company's functional and presentation currency policies are consistently applied across all periods presented in the financial statements, except for changes in accounting policies[113] - The company's property, plant, and equipment are subject to depreciation, with useful lives and residual values reviewed and adjusted at each reporting date[126] Share Transactions and Equity-Linked Agreements - The company did not purchase, sell, or redeem any of its shares during the fiscal year ended December 31, 2023[183] - The company did not enter into any equity-linked agreements during the fiscal year 2023[182] Non-Controlling Interests and Subsidiaries - The company acquired a subsidiary, resulting in an increase of RMB 657,370 thousand in non-controlling interests[74]

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈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。 截至二零二三年十二月三十一日止年度終期業績公佈 亨鑫科技有限公司（「本公司」）董事（「董事」）會欣然宣佈本公司及其附屬公司（以下統稱 「本集團」）截至二零二三年十二月三十一日止年度（「報告期間」）的綜合業績連同二零二二 年同期比較數字如下： 每股盈利（人民幣元） 12 每股股息（人民幣元） 10 – – - 2 - 年內溢利 104,175 68,082 其後可能重新分類至損益之項目： 換算以下各項之匯兌差額： －功能貨幣並非人民幣之實體之財務報表 304 1,161 | --- | --- | --- | |------------------|---------|--------| | | | | | 本公司權益股東 | 68,595 | 63,692 | | 非控股權益 | 34,473 | 4,480 | | | | | | 年內全面收益總額 | 103,068 | 68,172 | HENGXIN ...

Revenue and Profitability - Revenue for the six months ended June 30, 2023, increased by approximately RMB 51.1 million or 5.0% to approximately RMB 1,068.6 million[1] - Gross profit rose by approximately RMB 37.4 million or 21.9% to approximately RMB 207.8 million[1] - Profit attributable to equity shareholders increased by approximately RMB 19.9 million or 65.9% to approximately RMB 50.1 million[1] - Basic earnings per share were approximately RMB 0.129, an increase of about RMB 0.051 or 65.4%[1] - Net profit for the period was RMB 40.7 million, up from RMB 23.8 million year-on-year[3] - Total comprehensive income for the period was RMB 41.6 million, compared to RMB 24.4 million in the previous year[9] - The total comprehensive income for the period was RMB 51,025,000, compared to RMB 30,832,000 for the same period in 2022, reflecting an increase of approximately 65%[25] - The company reported a net profit before tax of RMB 49,775 thousand for the six months ended June 30, 2023, compared to RMB 29,250 thousand in the same period last year, showing an increase of approximately 70.5%[55] - Profit before tax increased by approximately RMB 20.5 million or about 70.0% to approximately RMB 49.8 million in the first half of 2023[175] Revenue Segmentation - Revenue from RF coaxial cables reached RMB 593,441,000, up from RMB 484,119,000 in the previous year, indicating a growth of about 23%[25] - The segment of digital technology and digital security generated revenue of RMB 75,765,000, which was not present in the previous year's results[25] - Revenue from external customers in China was RMB 1,010,263 thousand, up from RMB 931,948 thousand in the previous year, reflecting an increase of approximately 8.4%[57] - Revenue from feeder cable sales increased by approximately RMB 93.1 million or about 21.7% to 521.3 million in the first half of 2023[93] - Revenue from the telecommunications business segment decreased by approximately RMB 24.7 million or about 2.4% to approximately RMB 992.8 million in the first half of 2023, compared to approximately RMB 1,017.5 million in the same period of 2022[117] - The revenue from the RF coaxial cable segment, including leakage cables, increased by approximately RMB 16.2 million or 28.9% to approximately RMB 72.2 million in the first half of 2023, compared to approximately RMB 56.0 million in the same period of 2022[118] - The new digital technology and digital security segment, formed after the acquisition of Zhangyu Company, recorded revenue of approximately RMB 75.8 million in the first half of 2023[132] Assets and Liabilities - The company's total assets less current liabilities amounted to RMB 1,946.6 million as of June 30, 2023[5] - The company reported a total equity of RMB 1,930,447,000 as of June 30, 2023, compared to RMB 1,811,617,000 as of June 30, 2022, marking an increase of approximately 7%[20] - Total assets as of June 30, 2023, were approximately RMB 2,745.34 million, an increase from RMB 2,542.34 million as of December 31, 2022[183] - Total liabilities increased to approximately RMB 814.90 million as of June 30, 2023, from RMB 653.51 million as of December 31, 2022[183] - Trade receivables and other receivables net amount increased to RMB 744,226,000 as of June 30, 2023, compared to RMB 666,067,000 at the end of 2022, showing growth in receivables[68] - Other receivables increased by approximately RMB 89.3 million or about 115.1% to approximately RMB 166.9 million as of June 30, 2023, mainly due to increased prepayments for raw material procurement[137] Expenses and Costs - Total employee costs increased to RMB 88,110,000 in 2023 from RMB 77,655,000 in 2022, reflecting a rise of approximately 13.5%[60] - Research and development expenses amounted to RMB 54,455,000, slightly up from RMB 53,665,000 in the previous year, indicating a focus on innovation[60] - The company’s depreciation and amortization expenses for the six months ended June 30, 2023, were RMB 12,593 thousand, compared to RMB 10,144 thousand in the same period of 2022, indicating an increase of about 24.2%[56] - Other operating expenses rose by approximately RMB 31.0 million or about 49.4% to approximately RMB 93.7 million in the first half of 2023, with significant contributions from trade receivables impairment losses[173] - Income tax expenses rose by approximately RMB 3.6 million or about 66.7% to approximately RMB 9.0 million in H1 2023, attributed to increased operating profit[193] Strategic Initiatives and Future Outlook - The company is focused on expanding its operations in China, particularly in the fields of communication technology and digital security products[22] - The group has initiated research and development efforts in new chip technologies and digital security services to enhance its product offerings[22] - The company aims to operationalize its photovoltaic power station before summer 2023 to mitigate production risks and reduce costs[80] - The company plans to enhance product profitability through increased investment in new product development and technology applications[188] - The company anticipates challenges in the second half of 2023 due to complex global policies and geopolitical tensions, which may affect market demand and transaction delays[144] Dividends and Shareholder Returns - The company does not recommend the payment of an interim dividend for the six months ended June 30, 2023[1] - The company has no interim dividend proposed or declared for the six months ended June 30, 2023, consistent with the previous year[65] Partnerships and Agreements - Jiangsu Hengxin entered into a partnership agreement to establish a limited partnership, with Jiangsu Hengxin holding 20% and Jiangsu Hengtong holding 80%[86] - The company signed a loan agreement to provide RMB 210 million to Nanjing Zhangyu for a potential acquisition, with an interest rate of 4.9%[82] - The company provided a loan agreement amounting to RMB 40 million to Nanjing Zhangyu with an annual interest rate of 4.9%[107] - The company signed an EPC agreement with Jiangsu Hengtong Energy Technology Co., Ltd. and a service agreement with Hengtong Intelligent Technology, with a total contract amount not exceeding RMB 7.5 million[104] - The company has entered into a server lease agreement with Shanghai Zhangyu for 90 high-performance servers, with a monthly rent of HKD 700,000[100] Market Conditions - In the first half of 2023, China's GDP growth rate was 5.5%, with Q1 growth at 4.5% and Q2 growth at 6.3%[185] - The semiconductor industry showed signs of recovery, with a 21.1% year-on-year decline in revenue but a 1.7% quarter-on-quarter increase reported in May 2023[145]

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈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。 HENGXIN TECHNOLOGY LTD. * 亨 鑫 科 技 有 限 公 司 （以HX Singapore Ltd.名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） （股份代號：1085） 截至二零二三年六月三十日止六個月中期業績公佈 財務摘要 1. 截至二零二三年六月三十日止六個月的收入增加約人民幣51.1百萬元或5.0%至約 人民幣1,068.6百萬元 2. 毛利額增加約人民幣37.4百萬元或21.9%至約人民幣207.8百萬元 3. 本公司權益股東應佔純利增加約人民幣19.9百萬元或65.9%至約人民幣50.1百萬元 4. 每股基本盈利約人民幣0.129元，相當於增加約人民幣0.051元或65.4% 5. 不建議派付截至二零二三年六月三十日止六個月的中期股息 ...

Revenue Growth - The company's revenue for the fiscal year 2022 increased by approximately RMB 413.8 million or 25.5% to RMB 2,039.6 million compared to the fiscal year 2021[2]. - Revenue from the RF coaxial cable segment rose by approximately RMB 174 million or 21.5% to RMB 984.8 million in fiscal year 2022[2]. - The digital technology and digital security segment, formed after the acquisition of Zhangyu Company, contributed approximately RMB 94.2 million in revenue during the second half of fiscal year 2022[2]. - Revenue from the telecommunications business segment decreased by approximately RMB 7,900,000 or about 8.8% to approximately RMB 81,600,000 in the fiscal year 2022[5]. - The company achieved a significant increase in revenue from digital services, which grew by 32.4% year-on-year[25]. - The company reported a significant increase in antenna revenue, which rose to RMB 450,982 thousand from RMB 337,910 thousand, reflecting a growth of 33.3%[151]. - Revenue from new product sales reached approximately RMB 472 million, with 13 PCT patents obtained[49]. - Customer contract revenue from Customer A increased to RMB 682,116 thousand in 2022, up 102% from RMB 337,753 thousand in 2021[176]. - Customer contract revenue from Customer B rose to RMB 300,943 thousand in 2022, representing a 51.7% increase from RMB 198,372 thousand in 2021[176]. Profitability and Margins - The overall gross margin for the group in the fiscal year 2022 was approximately 18.4%, an increase of about 0.2 percentage points compared to the fiscal year 2021[5]. - The gross profit margin for the fiscal year 2022 was reported at 23.8%, showing a slight increase from 22.9% in the previous year[21]. - The gross margin for antennas increased from approximately 15.4% in the fiscal year 2021 to about 16.9% in the fiscal year 2022, reflecting an increase of about 1.5 percentage points[5]. - The digital technology and digital security business segment achieved a gross margin of approximately 45.7% in the second half of the fiscal year 2022[5]. - The company’s net profit attributable to shareholders was RMB 140.6 million for the fiscal year 2022, compared to RMB 130.0 million in 2021, reflecting a year-on-year increase of approximately 12.3%[34]. Expenses and Financial Performance - Research and development expenses rose by approximately RMB 24.7 million, contributing to an overall increase in gross profit margin[1]. - Administrative expenses increased by approximately RMB 13.8 million or 29.4% to RMB 60.6 million in fiscal year 2022[1]. - Interest expenses increased by approximately RMB 4.8 million or 67.6% to RMB 11.9 million in fiscal year 2022[1]. - The company recorded a net loss of approximately RMB 32.4 million from financial assets measured at fair value through profit or loss in fiscal year 2022[1]. - The income tax expense decreased by RMB 1,800,000 or 17.3% to approximately RMB 8,900,000 in the fiscal year 2022, primarily due to increased operating profit and the formation of a new profit center[70]. Strategic Initiatives and Future Plans - The company plans to enhance market expansion efforts and implement more competitive pricing strategies to drive future growth[2]. - The group aims to enhance product profitability through increased R&D and application of new technologies[5]. - The company plans to start offering cloud computing and cloud storage services from January 1, 2023, supported by the purchase of high-performance servers[71]. - The company plans to strengthen its position in the industry by focusing on 5G applications and expanding its market presence both domestically and internationally[78]. - The company is committed to independent R&D and continuous investment in IoT to maintain its leading position in the market[100]. Financial Position and Assets - The total assets of the company as of the end of the fiscal year 2022 were RMB 2,542.3 million, up from RMB 2,477.5 million in 2021[36]. - The company maintained a debt-to-asset ratio of 26% in 2022, consistent with the previous year, indicating stable financial leverage[43]. - The company’s inventory turnover days improved to 44 days in 2022, down from 50 days in 2021, indicating better inventory management[43]. - Cash and cash equivalents increased by approximately RMB 128.6 million or 12.2% from about RMB 1,052.9 million as of December 31, 2021, to about RMB 1,181.6 million as of December 31, 2022[76]. - The company’s interest coverage ratio was 7.5 times in 2022, showing a strong ability to meet interest obligations[43]. Risks and Challenges - The company has identified major risks in the fiscal year 2022, including technology risks in 5G development and credit risks associated with customer defaults[98]. - To mitigate technology risks, the company is enhancing R&D efforts and maintaining close communication with telecom operators and equipment manufacturers[100]. - The expected credit loss for trade receivables is assessed based on historical credit loss experience and adjusted for specific debtor factors[102]. - The company maintains a strict credit approval process and has established a customer collection management system to minimize bad debt risks[100]. Acquisitions and Business Development - The company successfully completed acquisitions of 51% stakes in Nanjing Zhangyu and Shanghai Zhangyu, marking the largest acquisition in its history[25]. - The company has expanded its business to include chip research, design, sales, and supply chain services following the acquisition of Nanjing Zhangyu Information Technology Co., Ltd. and Shanghai Zhangyu Information Technology Co., Ltd.[197]. - The company has established a unique business model of "computing power services + hardware certification" through its cloud computing center[49]. - The company is actively developing new products such as 5G micro base stations and continues to promote 4G smart antennas in overseas markets[100].

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈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。 HENGXIN TECHNOLOGY LTD. * 亨 鑫 科 技 有 限 公 司 （以HX Singapore Ltd.名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） （股份代號：1085） 截至二零二二年十二月三十一日止年度終期業績公佈 財務摘要 1. 收入增加約25.5%至約人民幣2,039,600,000元 2. 毛利增加約26.6%至約人民幣375,500,000元 3. 毛利率降低約0.2個百分點至約18.2% 4. 本公司權益股東應佔純利減少約10.8%至約人民幣63,600,000元 5. 每股基本盈利人民幣0.164元 6. 本公司不建議就截至二零二二年十二月三十一日止財政年度派付末期股息 ...