ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 (Incorporated in the Cayman Islands with limited liability) Stock code : 1563 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （於開曼群島註冊成立的有限公司） 股份代號：1563 2024中期報告 INTERIM REPORT 2024 | --- | --- | --- | |-------|-------|------------------------------| | | | 公司資料 | | 目錄 | | 管理層討論及分析 | | | | 其他信息 | | | | 簡明綜合損益及其他全面收益表 | | | | 簡明綜合財務狀況表 | | | | 簡明綜合權益變動表 | | | | 簡明綜合現金流量表 | | | | 簡明綜合中期財務資料附註 | 公司資料 | --- | --- | ...

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。 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1563） 截至二零二四年九月三十日止六個月 中期業績公告 | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | • | 截至二零二四年九月三十日止六個月，收益約為人民幣 334.7 百萬元，較截至二零 二三年六月三十日止六個月的收益約人民幣 298.2 百萬元。 | | • | 截至二零二四年九月三十日止六個月 ...

ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （前稱國際友聯融資租賃有限公司） （於開曼群島註冊成立的有限公司） 股份代號：1563 2023/24年度報告 ANNUAL REPORT 2023/24 友聯國際教育租賃控股有限公司 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 3/24 2 0 2 TR O P E R L AU N NA 告 報 度 年 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 (formerly known as International Alliance Financial Leasing Co., Ltd.) (Incorporated in the Cayman Islands with limited liability) Stock code : 1563 目錄 2 公司資料 3 主席致辭 4 管理層討論及分 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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之任何損失承擔任何責任。 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1563） 截至二零二四年三月三十一日止十五個月之 末期業績公告 | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | • | 截至二零二四年三月三十一日止十五個月，期內溢利約人民幣 182.8 百萬元，而截 至二零二二年十二月三十一日止年度的溢利約人民幣 372.1 百萬元。 | ...

ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （前稱國際友聯融資租賃有限公司） （於開曼群島註冊成立的有限公司） 股份代號：1563 股份代號 執行董事 宋建波先生（董事會主席） （於二零二三年一月九日獲委任） 焦建斌先生 審核委員會 劉長祥先生（主席） 劉學偉先生 焦健先生 戰略投資委員會 (formerly known as International Alliance Financial Leasing Co., Ltd.) (Incorporated in the Cayman Islands with limited liability) Stock code : 1563 第二份中期報告 2023 SECOND INTERIM REPORT 2023 | --- | --- | --- | --- | |-------|-------|-------|-- ...

ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1563） 截至二零二三年九月三十日止九個月 中期業績公告 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。 | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | • | 截至二零二三年九月三十日止九個月，收益約為人民幣 441.4 百萬元，較截至二零 二二年九月三十日止九個月約人民幣 203.2 百萬元。 | | • | 截至二零二三年九月三十日止九個月，期內 ...

財務成本 報告期內溢利 股息 報告期內錄得與減值相關的承租人背景信息 隨著中國目前的營商環境轉好，促使承租人，尤其是醫療保健行業的承租人，能夠及時還款，從而致使報告期融 資租賃應收款項的減值虧損產生撥回淨額。 於二零二三年六月三十日，本集團就其主要業務僱用1,832名全職僱員（二零二二年十二月三十一日：本集團僱用 1,692名全職僱員）。於報告期內，僱員福利開支（包括董事酬金）約為人民幣88.6百萬元（截至二零二二年六月三十 日止六個月：約人民幣6.7百萬元）。 重大收購及出售附屬公司、聯營公司及合營企業 高等教育 本集團的煙台南山學院位於中國山東省龍口市，為經中國教育部批准的提供本科及專科文憑課程的民辦高等教育 機構。煙台南山學院為一家應用型高等教育機構，與各行業企業緊密合作，推動並貫徹「產學融合、校企合作」理 念，開設49個本科課程及40個專科文憑課程，共有30個系，致力於改善學生的實踐培訓與就業前景。煙台南山學 院期待給予大學適齡人口及以後的畢業生更多的選擇，以及企業更多的服務人才。 本集團致力在業務發展、風險管理及經營效率之間取得平衡。本集團已制定全面的風險管理及內部控制程式，處 理與其融資租賃業務有 ...

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。 截至二零二二年十二月三十一日止年度之年報之 補充公告 融資租賃應收款項 截至二零二二年十二月三十一日，40名客戶應付的融資租賃應收款項為人民幣 2,142,576,000元，均與售後租回交易有關。40名客戶均為本金金額介乎人民幣0.8 百萬元至人民幣321.8百萬元的企業。截至二零二二年十二月三十一日，最大客戶及 五大客戶結欠的未償還款項分別約佔本集團未償還融資租賃應收款項總額的12.8% 及53.3%。 公共基礎設施 1,224,699 航空 573,918 醫療保健 294,428 其他行業 49,531 截至二零二二年十二月三十一日，就未償還融資租賃應收款項而言，公共基礎設施 行業佔57.2%，航空行業佔26.8%，醫療保健行業佔13.7%，且其他行業佔2.3%。 截至二零二二年十二月三十一日，本集團未償還應收短期貸款總額為人民幣 280,961,000元。短期貸款已授予四名企業借貸人，本金介乎人 ...

17. 貿易應付款項、應付票據及其他應付款項 貿易應付款項、應付票據及其他應付款項包括貿易應付款項結餘約人民幣1,041,000元（二零二二年十 二月三十一日：人民幣4,239,000元）。 於二零二三年六月三十日及二零二二年十二月三十一日，基於發票日期的貿易應付款項之賬齡分析 如下。 | --- | --- | --- | |--------|--------------|----------------| | | 二零二三年 | 二零二二年 | | | 六月三十日 | 十二月三十一日 | | | 人民幣千元 | 人民幣千元 | | | （未經審核） | （經審核） | | 一年內 | | 34 4,239 | 18. 借貸 截至二零二三年六月三十日止六個月，本集團獲得新借貸人民幣305.0百萬元（截至二零二二年六月 三十日止六個月：無）。該貸款按固定市場利率4.00%至4.50%（二零二二年十二月三十一日：4.50%） 計息，並應於超過2年的期間內分期償還。所得款項用於本集團營運提供資金。 – 18 – 19. 本公司股本 | --- | --- | --- | --- | --- | --- | |-- ...

Share Issuance and Financing - The company completed a share placement and subscription, issuing a total of 47,160,000 placement shares at HKD 3.52 per share and 143,754,000 subscription shares at the same price, raising a net amount of HKD 669.6 million, of which HKD 417.0 million (USD 53.5 million) was utilized as of December 31, 2022[7] - The placement and subscription price of HKD 3.52 per share represented a discount of approximately 19.82% to the closing price on the date of the agreements and a 16.19% discount to the average closing price over the preceding five trading days[7] - The company completed the placement and subscription of new shares on December 14, 2022, with net proceeds of approximately HKD 669.6 million[173] Contingent Liabilities and Investments - The company has no significant contingent liabilities as of December 31, 2022, compared to none in 2021[7] - The company has no significant investments, including those accounting for 5% or more of the group's total assets, as of December 31, 2022[4] Risk Management and Internal Controls - The company's credit risk management includes a comprehensive risk management system, with measures such as customer due diligence, independent data review, and multiple approval processes[13] - The company's risk management framework for its higher education business includes a decision-making structure led by the president, with measures to address internal control violations and improve future operations[13] - The company's internal control and risk management principles aim to prevent risks and strengthen asset monitoring, ensuring robust business development and diversification[33] - The company's internal control system was reviewed by an external internal control consultant, and no significant risks or control deficiencies were identified during the reporting period[114] - The company's board of directors and audit committee reviewed and were satisfied with the adequacy and effectiveness of the company's risk management and internal control systems for the year ended December 31, 2022[117] Financing Lease Business - The company's financing lease business will focus on quality over quantity, aiming for steady growth while adapting to market changes and industry regulations[21] - The company's financing lease business faces risks from lessees' financial deterioration or negative cash flow, even with sufficient collateral, particularly for assets with overdue payments exceeding 90 days but less than or equal to 150 days[6] - The company is focusing on expanding and diversifying its financial leasing business, with an emphasis on risk management and asset quality[171] - The company's financing lease receivables increased by approximately 6.1% from RMB 2,020.0 million as of December 31, 2021, to RMB 2,142.6 million as of December 31, 2022[96] - The company's financing lease receivables as of December 31, 2022, consisted of (i) total financing lease receivables of approximately RMB 2,668.6 million, (ii) unearned financing income of approximately RMB 266.8 million, and (iii) impairment loss provisions of approximately RMB 259.2 million[129] - The company's financing lease receivables as of December 31, 2021, consisted of (i) total financing lease receivables of approximately RMB 2,590.6 million, (ii) unearned financing income of approximately RMB 310.2 million, and (iii) impairment loss provisions of approximately RMB 260.5 million[129] Corporate Governance and Board Committees - The company has established several board committees including the Strategic Investment Committee, Audit Committee, Remuneration Committee, and Nomination Committee, each operating under terms of reference set by the board[41] - The company's amended and restated memorandum and articles of association were adopted on February 20, 2019, and became effective on March 15, 2019, with no significant changes during the reporting period[31] - A second amended and restated memorandum and articles of association became effective on February 14, 2023, to comply with the latest legal and regulatory requirements[31] - The board has decision-making authority over all major matters, including policy issues, strategy and budget, internal control and risk management, significant transactions, financial data, and appointment of directors[40] - The company has appointed independent non-executive directors who bring extensive knowledge and business experience, ensuring objective oversight of the company's performance[47] - Directors are required to retire by rotation at each annual general meeting, with each director (including those appointed for a specified term) required to retire at least once every three years[48] - The company has received annual written confirmations from independent non-executive directors confirming their independence in accordance with the guidelines set out in the Listing Rules[47] - The company's board committees operate under terms of reference that have been published on the company's website and the Stock Exchange's website[41] - The company has established a mechanism to ensure independent insights and recommendations are available to the Board, with its implementation and effectiveness assessed annually[61] - The Board of Directors consists of 12 members, including 4 non-executive directors and 5 independent non-executive directors, with changes in composition occurring in 2022 and 2023[58] - The Audit Committee, composed of three independent non-executive directors, is responsible for reviewing financial statements and overseeing the financial reporting process, internal control systems, and risk management systems[71] - The Remuneration Committee held two meetings during the reporting period, with all three members attending, and reviewed the current remuneration of all directors, providing recommendations to the Board[72] - The company has implemented corporate governance procedures in compliance with the Corporate Governance Code, including policies on director and senior management training, compliance with laws and regulations, and codes of conduct for employees and directors[65] - The Strategic Investment Committee was established on January 16, 2023, and did not hold any meetings during the reporting period[71] - The company's senior management (excluding directors) received remuneration below HKD 1,000,000 for one individual and between HKD 1,000,000 to HKD 1,500,000 for another individual during the reporting period[76] - The Board of Directors held 4 meetings during the reporting period, with all directors attending all eligible meetings, except for newly appointed directors who attended 1 out of 1 eligible meeting[69] - The company has adopted a memorandum specifying the delegation of functions to management, including the management and daily operations of the group, subject to periodic review by the Board[50] - Independent non-executive directors have signed three-year appointment letters, which can be terminated with one month's written notice and are subject to retirement and re-election at annual general meetings[68] Financial Performance and Metrics - The company's net profit for the year ended December 31, 2022, was approximately RMB 372.1 million, a significant increase of about 4.7 times compared to RMB 78.9 million in the previous year, primarily due to the consolidation of Yantai Nanshan College and a one-time bargain purchase gain of RMB 270.5 million[100] - The company's cash and cash equivalents as of December 31, 2022, were approximately RMB 125.8 million, compared to RMB 141.8 million in the previous year[95] - The company's total equity as of December 31, 2022, was approximately RMB 2,598.0 million, compared to RMB 1,273.5 million in the previous year[95] - The company's asset-liability ratio as of December 31, 2022, was approximately 11.3%, a decrease from 38.5% in the previous year, mainly due to a reduction in borrowings relative to the company's business scale[95] - The company's impairment loss provision decreased slightly by approximately 0.5% from RMB 260.5 million as of December 31, 2021, to RMB 259.2 million as of December 31, 2022[96] - The company's operating capital (current assets minus current liabilities) as of December 31, 2022, was approximately RMB 563.6 million, compared to RMB 983.9 million in the previous year[95] - The company's total borrowings as of December 31, 2022, were RMB 329.3 million, compared to RMB 795.9 million in the previous year[95] - The company's board of directors does not recommend paying any final dividend for the year ended December 31, 2022[101] - The company did not recommend the payment of any final dividend for the year ended December 31, 2022[127] - Financial costs decreased by 14.3% from RMB 89.8 million in 2021 to RMB 77.0 million in 2022, primarily due to a 48.1% reduction in borrowing costs from RMB 68.6 million to RMB 35.6 million[138] - The company's gross profit for the year ended December 31, 2022, was approximately RMB 256.0 million, with a gross profit margin of 69.4%, representing a 10.4% increase compared to the previous year[172] - The company's other income, gains, or losses increased from RMB 16.3 million in 2021 to RMB 28.2 million in 2022, primarily due to government subsidies, investment and interest income, and losses from the disposal of plant and equipment[172] - Revenue increased by 59.1% from approximately RMB 231.8 million in 2021 to approximately RMB 368.8 million in 2022, primarily due to the acquisition of Yantai Nanshan College[188] - Yantai Nanshan College contributed approximately RMB 159.9 million in revenue from tuition, accommodation, and other educational services from August 18, 2022, to December 31, 2022[188] - The top five customers accounted for approximately 38.18% of the company's total revenue in 2022, with the largest customer contributing approximately 10.91%[195] - Service costs for 2022 were approximately RMB 112.8 million, mainly from the operations of Yantai Nanshan College[194] Higher Education Business - The company acquired a 70% stake in Yantai Nanshan College on August 18, 2022, and now operates dual business segments: higher education and financial leasing[160] - The company completed the acquisition of Yantai Nanshan College, resulting in a one-time bargain purchase gain of approximately RMB 270.5 million[93] - Yantai Nanshan College's total enrollment increased from 29,047 in the 2021/2022 academic year to 34,958 in the 2023/2024 academic year, with tuition fees for undergraduate programs rising from RMB 12,800 to RMB 15,800[168] - The company expects continued growth in demand for higher education in China due to increasing income levels and societal emphasis on higher education[169] - Yantai Nanshan College offers 49 undergraduate programs and 40 diploma programs across 30 departments, focusing on practical training and employment prospects[181] - The company expects to consolidate Yantai Nanshan College's full fiscal year financial results in 2023, compared to only 4 months in 2022[198] Environmental and Social Responsibility - Total greenhouse gas emissions increased significantly from 112.74 tons of CO2 equivalent in 2021 to 8,342.88 tons in 2022, with scope 2 emissions accounting for the majority at 8,079.65 tons[143] - Greenhouse gas emission intensity per employee decreased from 3.64 tons of CO2 equivalent in 2021 to 4.93 tons in 2022[143] - The company's greenhouse gas emissions are primarily from indirect sources, and it encourages the use of teleconferencing and direct flights to reduce carbon footprint[190] Market and Industry Trends - China's GDP reached RMB 121.0 trillion in 2022, with a year-on-year growth rate of 3%[162] - China's higher education industry's total revenue increased from RMB 997.3 billion in 2016 to RMB 1,382.7 billion in 2020, with a compound annual growth rate of 8.5%[163] - The company's customer base is primarily in the healthcare and aviation industries, with stable market conditions in 2022[193] - The company has established strong relationships with financial institutions for interest-bearing loans and asset-backed securities[195] Credit Risk and Impairment - The company's default loss rate is determined based on regulatory benchmarks, peer company practices, recovery efficiency, and expert experience[2] - The company recorded impairment provisions for nine customers (eight in healthcare and one in aviation) who failed to repay lease fees in 2022, compared to one customer in aviation in 2021[136] - The company's expected credit loss model follows a three-stage approach under new financial instrument standards, with provisions calculated based on 12-month expected credit losses unless credit risk increases significantly[137]