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，並明確表示概不就因本公佈全部或任何 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。 CHINA ENVIRONMENTAL TECHNOLOGY AND BIOENERGY HOLDINGS LIMITED 中 科 生 物 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1237） 二零二三年度中期業績公佈 中科生物控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司 （統稱「本集團」）截至二零二三年六月三十日止六個月的未經審核業績。本公佈列 載本公司二零二三年度中期報告全文，並符合香港聯合交易所有限公司證券上市 規則中有關中期業績初步公告附載的資料的要求。 股息 董事會不建議就截至二零二三年六月三十日止六個月期間派付任何中期股息。 於聯交所及本公司網站刊登二零二三年度的中期報告 本公佈亦會刊登於聯交所(www.hkexnews.hk)及本公司(www.merrygardenholdings.com) ...

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佈全部或任 何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 CHINA ENVIRONMENTAL TECHNOLOGY AND BIOENERGY HOLDINGS LIMITED 中 科 生 物 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1237） 有關2022年報之補充公告 茲提述中科生物控股有限公司（「本公司」）於二零二三年四月二十八日公佈之 二零二二年報（「年報」）。本公告所用詞彙與年報所界定者具有相同涵義。 除年報所載資料外，董事會謹此向股東及本公司潛在投資者提供以下有關本公司 已採納股份獎勵計劃之補充資料。 股份獎勵計劃 於二零二二年一月一日及二零二二年十二月三十一日，股票獎勵計劃可供授予的 獎勵數量為39,072,064股股份。 接納獎勵股份須付之金額由董事會不時釐定。獎勵股份之購買價格（如有）應為 董 ...

Financial Performance - Revenue for the year ended December 31, 2022, was RMB 465,037,000, a decrease of 23.5% from RMB 608,074,000 in 2021[12] - Gross profit for 2022 was RMB 53,873,000, down 55.7% from RMB 121,684,000 in 2021[12] - Loss before tax from continuing operations was RMB 7,143,000 compared to a profit of RMB 38,171,000 in 2021[12] - The net loss for the year from continuing operations was RMB 6,784,000, a significant decline from a profit of RMB 48,324,000 in 2021[12] - Basic loss per share for 2022 was RMB 0.008, compared to earnings of RMB 0.057 per share in 2021[14] Revenue Breakdown - Revenue from the manufacturing and sales of wooden products decreased by 23.4% to RMB 460.7 million in 2022, down from RMB 602.0 million in 2021[25] - The renewable energy segment reported a revenue decline of 29.7% to RMB 4.3 million in 2022, compared to RMB 6.1 million in 2021[26] - Revenue from timber houses and related parts decreased by 22.9% to RMB 412.9 million, representing 89% of total sales for the reporting year[29] - Overall revenue from leisure household products fell by 27.7% to RMB 47.8 million in 2022, down from RMB 66.2 million in 2021[30] - Revenue distribution showed a significant decline in North America, dropping by 68.9% to RMB 12.8 million in 2022[23] Expenses and Costs - Selling and distribution expenses increased to RMB 35,533,000 in 2022 from RMB 46,860,000 in 2021[12] - Administrative expenses decreased to RMB 48,028,000 in 2022 from RMB 62,155,000 in 2021[12] - Gross profit decreased to approximately RMB 53.9 million, down from RMB 121.7 million in 2021, with a gross margin of 11.6% compared to 20.0% in 2021, primarily due to unfavorable pricing conditions of construction materials[33][40] - Selling and distribution expenses were RMB 35.5 million, down from RMB 46.9 million in 2021, attributed to a decrease in turnover and number of shipments[36][43] - Administrative expenses decreased to RMB 48.0 million from RMB 62.2 million in 2021, mainly due to reduced research and development costs[37][44] Assets and Liabilities - Total assets as of December 31, 2022, were RMB 1,016.6 million, an increase from RMB 989.4 million in 2021[18] - Total liabilities increased to RMB 136.2 million in 2022 from RMB 114.0 million in 2021[18] - As of December 31, 2022, current assets were RMB 562.6 million, an increase from RMB 524.3 million in 2021, with cash and cash equivalents rising to RMB 113.8 million from RMB 61.7 million[47][52] - The Group's total equity increased slightly to RMB 879.5 million in 2022 from RMB 869.9 million in 2021[18] Corporate Governance - The company has maintained compliance with the Corporate Governance Code throughout the year, except for certain deviations disclosed in the report[68] - The Board consists of two executive Directors and three independent non-executive Directors, ensuring a strong independent perspective in decision-making[84] - Independent non-executive Directors possess expertise in accounting, finance, and business, contributing to high standards of compliance in financial reporting[91] - The Board is expected to meet at least four times a year, but only held two regular meetings during the year[79] - Each executive Director has a service contract for three years, starting from June 15, 2021, with a notice period of three months for termination[93] Risk Management - The Group has established effective risk management and internal control systems, reviewed annually, ensuring adequate protection against significant misstatements or losses[175] - The Board is responsible for evaluating risks associated with achieving the Group's strategic objectives and maintaining effective risk management systems[173] - The Risk Management Committee reviewed the Group's risk management framework, including risk appetite and policies, to ensure effective risk control[153] - The Company reported no material uncertainties affecting its ability to continue as a going concern[156] - The Company has a system in place for Directors to make inquiries and provide feedback if they miss monthly updates[158] Employee and Workplace - The Group recognizes employee accomplishments by offering comprehensive benefit packages and career development opportunities[200] - The Group ensures a healthy and safe workplace, with no strikes or fatal workplace accidents reported during the year[200] - The Group employed a total of 149 full-time employees as of December 31, 2022, down from 383 in 2021, focusing on increasing production process automation and staff training[58][60] Environmental Responsibility - The Group is committed to minimizing its carbon footprint and has implemented practices such as duplex printing and efficient paper use to reduce environmental impact[187] - The Group's electricity consumption is identified as a significant environmental concern, with efforts to reduce energy usage through conservation practices[191] - The Group closely monitors changes in government policies and regulations, ensuring compliance to avoid penalties or operational disruptions[193] Audit and Compliance - The Audit Committee has recommended the reappointment of CWK CPA Limited as the external auditors of the Company[123] - The Audit Committee reviewed the annual results for the year ended December 31, 2021, and the interim results for the six months ended June 30, 2022[123] - The Audit Committee confirmed the independence and objectivity of the independent auditor, CWK, which received approximately HKD898,000 for audit services during the Year[164][169] - The Audit Committee monitors the external auditor's independence and the effectiveness of the audit process[121]

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佈全部或任 何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 CHINA ENVIRONMENTAL TECHNOLOGY AND BIOENERGY HOLDINGS LIMITED 中 科 生 物 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1237） 截至二零二二年十二月三十一日止年度的全年業績 中科生物控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）欣然 提呈本公司及其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年 度（「二零二二年」或「報告年內」）之經審核綜合年度業績連同二零二一年同期 之比較數字。 ...

Revenue Performance - The Group's revenue increased by 19.3% to RMB300.9 million during the six months ended June 30, 2022, compared to RMB252.1 million in the same period last year[9]. - Revenue from the manufacturing and sales of wooden products rose by 19.6% to RMB298.0 million, accounting for 99.1% of total revenue[17]. - Revenue from timber products increased by 19.0% to RMB251.4 million, accounting for 83.6% of total sales during the period[30]. - Revenue from the renewable energy business remained stable at approximately RMB2.8 million, compared to RMB3.0 million in the previous year[34]. - Revenue from the PRC market rebounded to approximately RMB46.6 million, representing 15% of total revenue, up from 2% in the previous year[25]. - Revenue from North America decreased significantly to approximately RMB11.9 million, accounting for 4% of total revenue, down from 22% in the previous year[26]. - Revenue from Australasia increased by 29% to approximately RMB220.7 million, representing 74% of total revenue[22]. - Revenue from continuing operations for the six months ended June 30, 2022, was RMB 300,862,000, an increase of 19.3% compared to RMB 252,108,000 for the same period in 2021[180]. Profitability and Margins - The gross profit margin decreased to 9.5% from 14.6% in the previous year, with a gross profit of RMB28.5 million compared to RMB36.9 million in the prior period[9]. - The Group reported a segment loss of RMB396,000 in the wooden products segment, compared to a profit of RMB10.3 million in the previous year[17]. - The Group recorded a profit of approximately RMB 2.1 million for the period, compared to a loss of RMB 4.2 million in the first half of 2021[45][51]. - Profit for the period was RMB 2,140,000, down 49.6% from RMB 4,249,000 in the previous year[131]. - Basic and diluted earnings per share decreased to RMB 0.0025, down from RMB 0.0053 in 2021[128]. Expenses and Costs - Selling and distribution expenses increased by 78.6% to RMB10.0 million due to enhanced marketing efforts and increased shipping costs[37]. - Administrative expenses decreased to RMB 22.3 million from RMB 36.3 million in the first half of 2021, mainly due to a significant reduction in head office and corporate expenses[42][48]. - Finance costs rose to approximately RMB 0.6 million from RMB 0.1 million in the first half of 2021, primarily representing interest payments for bank loans and debentures[43][49]. - Cost of inventories for the six months ended June 30, 2022, increased to RMB 272,357,000 from RMB 215,234,000 in 2021, reflecting a rise of 26.5%[188]. Cash Flow and Financial Position - Cash generated from operating activities was RMB 146,367,000, a significant improvement compared to a cash outflow of RMB 35,458,000 in the same period of 2021[140]. - The net cash used in investing activities was RMB 84,739,000, contrasting with a net cash inflow of RMB 6,648,000 in the prior year[141]. - The company had cash and cash equivalents of RMB 80,095,000 as of June 30, 2022, down from RMB 165,441,000 at the end of June 2021[141]. - The Group had current assets of RMB 493.2 million, down from RMB 524.3 million as of December 31, 2021[46][52]. - Total banking facilities utilized amounted to RMB 9.8 million as of June 30, 2022, a significant decrease from RMB 74 million as of December 31, 2021[47][52]. Market and Strategic Developments - The Group's successful expansion in Australia has been a key driver for revenue growth in the wooden products segment[17]. - The Group's strategic shift towards Australasian markets aims to mitigate the impact of trade protectionism in the United States[17]. - The Group continues to adapt its business strategies in response to market conditions and competitive pressures[9]. - The Group's renewable energy business focuses on recycling leftover sawdust into biomass pellet fuel, maintaining stable revenue levels[18]. Share Capital and Ownership - On August 22, 2022, the Company agreed to issue 35,501,048 new shares at HK$0.0768 per share, representing 7.71% of the enlarged share capital, to convert bond repayment into share capital[72]. - As of June 30, 2022, Mr. Wu Zheyan held a total of 106,954,078 shares, representing 12.58% of the total shareholding[79]. - Hong Kong Guoyuan Group Capital Holdings Limited held 140,350,000 shares, accounting for 16.50% of the total shareholding as of June 30, 2022[85]. - The Group has not granted any share options since the adoption of the share option scheme on June 15, 2012, up to June 30, 2022[73]. Governance and Compliance - The company has complied with the Corporate Governance Code, except for code provision C.1.2 regarding monthly updates to all Board members[116]. - The audit committee has reviewed the accounting principles and policies adopted by the Group and discussed financial reporting matters for the period[122]. - The interim financial report was authorized for publication by the Board of Directors on August 31, 2022[147]. Inventory and Production - Total inventories as of June 30, 2022, amounted to RMB 70,899,000, a decrease of 46.94% from RMB 133,547,000 as of December 31, 2021[200]. - Raw materials inventory decreased to RMB 40,192,000 as of June 30, 2022, down 49.83% from RMB 79,809,000 as of December 31, 2021[200]. - Finished goods inventory decreased to RMB 9,945,000 as of June 30, 2022, down 70.24% from RMB 33,398,000 as of December 31, 2021[200].

Financial Performance - Revenue for the year ended December 31, 2021, was RMB 608,074,000, an increase of 23.4% compared to RMB 492,589,000 in 2020[10] - Gross profit for 2021 was RMB 121,684,000, significantly up from RMB 7,348,000 in 2020, indicating a gross margin improvement[10] - Profit before tax from continuing operations was RMB 38,171,000, a turnaround from a loss of RMB 97,814,000 in 2020[10] - Profit for the year from continuing operations was RMB 48,324,000, compared to a loss of RMB 93,695,000 in the previous year[10] - Basic earnings per share for the year was RMB 0.057, recovering from a loss of RMB 0.128 in 2020[12] - The Group achieved a consolidated profit of RMB 47.7 million for the Reporting Year, a significant turnaround from a consolidated loss of RMB 93.1 million in 2020[19][22] - The Group's revenue increased by 23.4% year-on-year to RMB 608.1 million, while gross profit surged 16.6 times to RMB 121.7 million, resulting in a gross profit margin improvement from 1.5% to 20.0%[19][22] - Revenue from the manufacturing and sales of wooden products rose by 23.8% to RMB602.0 million, contributing 99.0% of the Group's total revenue[36] - The gross profit surged to approximately RMB121.7 million, with a gross profit margin of 20.0%, up from 1.5% in 2020[51] - Revenue from timber houses and related parts increased by 43% to RMB535.8 million, representing 88% of total sales for the reporting year[45] - Overall revenue from leisure household products decreased by 27% to RMB66.2 million, primarily due to declines in recreational and landscape garden products[46] Operational Developments - The company plans to continue focusing on market expansion and new product development to drive future growth[10] - The Group plans to establish Zhangzhou Xingruixiang Supply Chain Management Co., Limited with a registered capital of RMB 30 million to enhance sourcing and sales of construction materials in China[26][27] - The Group has shifted its focus from North America to Australia and New Zealand due to trade tensions and has ceased sales of wooden products to North America since the second half of 2020[20][23] - The establishment of Xingruixiang is expected to improve the Group's access to timber supplies and enhance its product portfolio[26][27] - The Group's marketing initiatives and pricing strategies have been positively influenced by the disruption of the global supply chain, creating favorable conditions in the Australasian markets[25][29] Expenses and Costs - Total administrative expenses increased to RMB 62,155,000 from RMB 57,269,000 in 2020, reflecting ongoing operational costs[10] - Selling and distribution expenses increased to RMB46.9 million, reflecting higher turnover and shipment volumes[54] - Administrative expenses increased to RMB 62.2 million (2020: RMB 57.3 million), primarily due to the recognition of share award expenses during the reporting year[61] - Finance costs rose to approximately RMB 1.2 million (2020: RMB 0.2 million), mainly due to an increase in bank borrowings during the reporting year[62] Governance and Compliance - The Company has complied with all applicable code provisions in the Corporate Governance Code throughout the year, enhancing transparency and accountability[97] - The Board is responsible for major decisions, including approval of key policies, overall strategies, and significant financial matters[99] - The Board consists of two executive Directors and three non-executive Directors, ensuring a balance of skills and expertise[113] - The Company has adopted a Nomination Policy for the Nomination Committee to recommend candidates for election as Directors[128] - Independent non-executive Directors provide strong independent views and ensure compliance with financial reporting requirements[120] - The Company considers all independent non-executive Directors to be independent under the guidelines set out in Rule 3.13 of the Listing Rules[121] - The Board is committed to maintaining high standards of corporate governance and compliance with legal and regulatory requirements[110] Risk Management - The Risk Management Committee comprises all independent non-executive Directors, focusing on evaluating the Group's risk management framework and material risk exposures[180] - The Company acknowledges its responsibility for preparing financial statements in accordance with International Financial Reporting Standards, ensuring a true and fair presentation[184] - The Risk Management Committee will review the risks inherent in strategic transactions and provide input on risk/reward trade-offs[182] - The Company will ensure compliance with approved risk tolerance levels and policies, monitoring management's effectiveness in this regard[182] Employee and Shareholder Matters - The Group employed a total of 383 full-time employees as of December 31, 2021, compared to 340 in 2020, reflecting a growth of approximately 12.65%[88] - The Board aims to achieve diversity by considering various perspectives, including race, gender, and industry experience, in its composition[173] - The remuneration for executive Directors and senior management is determined based on performance, professional experience, and prevailing market practices[134] Audit and Financial Oversight - The Audit Committee comprises all independent non-executive Directors and is tasked with overseeing financial reporting, risk management, and internal control systems[144] - The Audit Committee reviewed the Group's internal control and financial reporting matters, including the annual results for the year ended December 31, 2020, and the interim results for the six months ended June 30, 2021, recommending approval to the Board[152] - The Audit Committee recommended the re-appointment of Ascenda Cachet CPA Limited as the external auditors of the Company[152] - The Audit Committee ensures that management has effective financial controls and risk management systems in place[152]

2021 INTERIM REPORT 中期報告 Contents 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Management Discussion and Analysis | 管理層討論與分析 | 5 | | Other Information | 其他資料 | 15 | | Consolidated Statement of Profit or Loss | 綜合損益表－未經審核 | 25 | | – Unaudited | | | | Consolidated Statement of Profit or Loss and | 綜合損益及其他全面收益表 | 26 | | Other Comprehensive Income – Unaudited | －未經審核 | | | Consolidated Statement of Financial Position | 綜合財務狀況表－未經審核 | 27 | | – Unaudited | | | | Consolidated Statement of Changes ...

Stock Code 股份代號: 1237 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) ANNUAL REPORT 年報 2020 Contents 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Financial Summary | 財務概要 | 5 | | Chairlady's Statement | 主席報告 | 7 | | Management Discussion and Analysis | 管理層討論與分析 | 9 | | Corporate Governance Report | 企業管治報告 | 19 | | Directors' Report | 董事會報告 | 37 | | Board of Directors and Senior Management | 董事會及高級管理層 | 53 | | Independent Auditors' Report | 獨立核數師報告 | 56 | | Conso ...

Contents目錄 | Corporate Information | 公司資料 | | 2 | | --- | --- | --- | --- | | Financial Summary | 財務概要 | | 5 | | Management Discussion and Analysis | 管理層討論與分析 | | 7 | | Other Information | 其他資料 | | 21 | | Consolidated Statement of Profit or Loss | — 綜合損益表 未經審核 | | 31 | | — Unaudited | | | | | Consolidated Statement of Profit or Loss and | 綜合損益及其他全面收益表 | | 32 | | Other Comprehensive Income — Unaudited | — 未經審核 | | | | Consolidated Statement of Financial Position | — 綜合財務狀況表 | 未經審核 | 33 | | — Unaudited | | | ...

Contents 目錄 Corporate Information 公司資料 2 Financial Summary 財務概要 5 Chairlady's Statement 主席報告 9 Management Discussion and Analysis 管理層討論與分析 11 Corporate Governance Report 企業管治報告 23 Directors' Report 董事會報告 41 Board of Directors and Senior Management 董事會及高級管理層 57 Independent Auditor's Report 獨立核數師報告 61 Consolidated Statement of Profit or Loss 綜合損益表 70 Consolidated Statement of Profit or Loss and Other Comprehensive Income 綜合損益及其他全面收益表 71 Consolidated Statement of Financial Position 綜合財務狀況表 72 Consolidated Stat ...