CHINA LONGEVITY GROUP COMPANY LIMITED (Incorporated in the Cayman Islands with limited liability) INTERIM REPORT 中國龍天集團有限公司 （於開曼群島註冊成立的有限公司） 股份代號：1863 Stock Code: 1863 中期報告 2022 2022 目錄 公司資料 2 管理層討論及分析 3 簡明綜合損益及其他全面收入表 12 簡明綜合財務狀況報表 14 簡明綜合權益變動表 16 簡明綜合現金流量表 17 簡明綜合財務報表附註 18 其他資料 28 1 中國龍天集團有限公司 | --- | --- | |---------------------------------------|----------------------------------| | | | | 公司資料 | | | | | | 董事會 | 註冊辦事處 | | 執行董事 | Cricket Square | | 林生雄先生 （主席） | Hutchins Drive | | 黃萬能先生 | PO Box 2681 | | 蔣 ...

Financial Performance - The company's revenue increased by 77.4% from approximately RMB 812.1 million to approximately RMB 1,441.0 million for the year ended December 31, 2021[37]. - The net profit attributable to shareholders rose to approximately RMB 106.9 million, compared to RMB 45.0 million in the previous year[25]. - The gross profit margin decreased to 18.1% from 23.2%[27]. - Total revenue for the year ended December 31, 2021, was approximately RMB 1,441 million, an increase of RMB 628.9 million or 77.4% compared to RMB 812.1 million in 2020[50]. - Material products generated revenue of approximately RMB 1,347,900,000, accounting for about 93.5% of total revenue, with an increase of 81.3% from RMB 743,400,000 in 2020[64]. - Gross profit for the year was approximately RMB 260,500,000, with a gross margin of 18.1%, down from 23.2% in the previous year[67]. - The company recorded a profit attributable to equity holders of approximately RMB 106,900,000, with basic earnings per share of RMB 12.5 cents, compared to RMB 45,000,000 or RMB 5.3 cents per share in 2020[71]. Assets and Liquidity - Cash and cash equivalents increased to RMB 78.0 million from RMB 34.9 million[34]. - Total assets grew to RMB 1,391.4 million from RMB 970.2 million[34]. - The company achieved a current ratio of 1.0 and a quick ratio of 0.74, indicating improved liquidity[34]. - Total equity as of December 31, 2021, was approximately RMB 559,700,000, representing a 40% increase from RMB 400,500,000 in the previous year[80]. Market and Sales - Domestic sales contributed approximately 78.8% of total revenue, up from 72.8% in 2020, while export sales accounted for 21.2%, down from 27.2%[52][59]. - The company successfully expanded its product offerings in outdoor leisure and sports competition categories, driven by changes in consumer behavior due to the COVID-19 pandemic[54]. - The company established a global ecological supply chain strategic alliance with major brands such as Costco, Decathlon, and Red Paddle to expand the market for new inflatable products[54]. - The company supplied building membrane materials for temporary venues related to the Beijing Winter Olympics and completed all project material supplies in the second half of 2021[56]. - The company recorded significant growth in sales of new products, including space fabric materials and airtight materials, contributing to overall revenue growth[51]. Research and Development - Research and development costs amounted to approximately RMB 60,000,000, an increase from RMB 48,000,000 in 2020, reflecting the company's commitment to maintaining long-term competitiveness[74]. - The company is actively involved in research and development of new technologies and products to enhance its competitive edge in the market[119]. - The company holds a total of 78 patents, with ongoing efforts to protect intellectual property through active patent applications[60]. - The company plans to strengthen the protection of intellectual property rights for new technologies and processes, aiming to apply for more patents[101]. Operational Efficiency - The company initiated cost management and digital factory projects to enhance operational efficiency[40]. - The company is committed to enhancing operational efficiency by optimizing internal control processes across procurement, production, sales, and finance[100]. - The group emphasizes cost control and procurement management to optimize operational efficiency and profitability[116]. Corporate Governance - The board of directors emphasizes the importance of high corporate governance standards to enhance performance, transparency, and accountability[121]. - The company has complied with the corporate governance code as of December 31, 2021, as outlined in the listing rules[122]. - The board consists of four executive directors and three independent non-executive directors, ensuring a balanced and independent structure[127]. - The audit committee, composed of three independent non-executive directors, reviewed the group's interim and annual performance, ensuring the effectiveness of internal controls and risk management systems[149]. - The company has adopted a board diversity policy, considering various factors such as gender, age, and professional experience in the selection of board members[141]. Future Plans - The company plans to invest more resources in the development of PVC materials and the Sijia Super Energy Core ecological building materials products[50]. - The company plans to continue promoting new applications for building materials and space fabric materials to expand market share[60]. - The company plans to stabilize the development of its new materials business while actively developing new products in 2022[94]. - The company aims to promote the "Sijia Super Energy Core Flooring" brand and expand its presence in the Chinese building materials market[95]. Social Responsibility - The company is committed to corporate social responsibility, participating in rural revitalization and educational poverty alleviation initiatives[103].

中國龍天集團有限公司 （於開曼群島註冊成立的有限公司） 股份代號：1863 SIJIA 中期報告 2021 公司資料 董事會 執行董事 林生雄先生（主席） 黃萬能先生 蔣石生先生 獨立非執行董事 劉振邦先生 盧佳譽先生 姜萍女士 審核委員會 | --- | |---------------------| | | | 劉振邦先生 （主席） | | 盧佳譽先生 | | 姜萍女士 | | 薪酬委員會 | | 盧佳譽先生 （主席） | | 姜萍女士 | | 林生雄先生 | | 劉振邦先生 | | | | 提名委員會 | | 姜萍女士 （主席） | | 盧佳譽先生 | | 劉振邦先生 | | 公司秘書 | | 周耀華先生 | | 法定代表 | | 林生雄先生 | | 周耀華先生 | 獨立核數師 中匯安達會計師事務所有限公司 主要往來銀行 中國銀行（香港）有限公司 註冊辦事處 Cricket Square Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands 香港總辦事處及主要營業地點 香港九龍 尖沙咀東 科學館道1 號 康宏廣場北座 6 樓 61 ...

回国托 中 國 龍 天 集 團 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股份代號：1863 SIJIA 2020 年 薪 目錄 公司資料 2 財務摘要 3 主席報告 4 管理層討論及分析 7 董事及高層管理人員履歷詳情 16 企業管治報告 20 | --- | |--------------------------| | | | 環境、社會及管治報告 | | 董事會報告書 | | 獨立核數師報告 | | 綜合損益及其他全面收入表 | | 綜合財務狀況報表 | | 綜合權益變動表 | | 綜合現金流量表 | | 綜合財務報表附註 | | 五年財務概要 | 38 52 62 66 67 69 70 72 128 1 中國龍天集團有限公司 | --- | --- | --- | |-----------------------|-----------------------------------------|-------| | | | | | | | | | 公司資料 | | | | | | | | 董事會 執行董事 | 主要往來銀行 中國銀行（香港）有限公司 | | | ...

Revenue and Sales Performance - The company's revenue for the six months ended June 30, 2020, was approximately RMB 320.1 million, an increase of RMB 2 million or 0.6% compared to RMB 318.1 million in the same period last year[6]. - Revenue from material products was approximately RMB 291.7 million, accounting for about 91.1% of total revenue, down from 95.7% in the previous year, with a decrease of approximately 4.2% due to reduced demand for outdoor leisure products[14]. - Revenue from flooring products reached approximately RMB 28.4 million, representing an increase of approximately 108.8% compared to RMB 13.6 million in the previous year, accounting for about 8.9% of total revenue[15]. - Domestic sales continued to be the main source of revenue, accounting for approximately 69% of total revenue, while export sales accounted for about 31%[6]. - The company’s revenue for the six months ended June 30, 2020, was RMB 320,101,000, a slight increase from RMB 318,133,000 in the same period of 2019, representing a growth of approximately 0.6%[51]. - Revenue from the Chinese market was RMB 221,135,000, representing an increase of 3.9% compared to RMB 213,264,000 in 2019[73]. - Revenue from flooring products increased significantly to RMB 28,389,000, up 109.5% from RMB 13,567,000 in 2019[73]. Profitability and Financial Performance - The gross profit for the period was approximately RMB 71 million, with a gross margin of 22.2%, down from 22.9% in the previous year[17]. - Gross profit for the same period was RMB 71,095,000, compared to RMB 72,843,000 in 2019, indicating a decrease of about 2.4%[51]. - Operating profit significantly increased to RMB 49,772,000 from RMB 20,096,000 year-on-year, reflecting a growth of approximately 147%[51]. - The net profit attributable to the owners of the company for the period was RMB 44,532,000, up from RMB 16,535,000 in 2019, marking an increase of around 169%[51]. - The group recorded a profit attributable to owners of approximately RMB 44,500,000, with basic earnings per share of RMB 5.22, compared to RMB 16,500,000 or RMB 1.94 per share in the same period last year[29]. - Other income and gains increased to approximately RMB 32,800,000 from RMB 3,800,000, mainly due to the recovery of bad debts of about RMB 19,000,000[25]. - The company reported a pre-tax profit of RMB 44,532,000 for the six months ended June 30, 2020, compared to RMB 16,535,000 in 2019, marking a significant increase[87]. Expenses and Cost Management - Sales and distribution costs increased by approximately RMB 200,000 to RMB 10,100,000, representing 3.2% of revenue, primarily due to product patent usage fees[21]. - Administrative expenses decreased by approximately RMB 14,000,000 or 30.5% to about RMB 32,000,000, mainly due to reduced research and development and consultancy expenses[22]. - Research and development costs were approximately RMB 19,400,000, accounting for 6.1% of revenue, down from RMB 29,100,000 or 9.1% in the previous year[23]. - Financial costs rose to approximately RMB 3,400,000 from RMB 3,000,000, primarily due to increased interest on bank borrowings[24]. Assets and Liabilities - Total equity increased by 14% to approximately RMB 362,700,000 compared to RMB 318,200,000 as of December 31, 2019[31]. - The total non-current assets as of June 30, 2020, amounted to RMB 475,354,000, an increase from RMB 448,128,000 at the end of 2019[53]. - As of June 30, 2020, the total non-current liabilities amounted to RMB 31,917,000, a significant increase from RMB 4,658,000 as of December 31, 2019, reflecting a growth of approximately 585%[55]. - The net asset value increased to RMB 362,675,000 as of June 30, 2020, compared to RMB 318,207,000 as of December 31, 2019, representing a growth of about 14%[55]. - The company reported a decrease in lease liabilities from RMB 580,000 in 2019 to RMB 419,000 in 2020, reflecting a reduction of approximately 28%[55]. Cash Flow and Financing - Cash and cash equivalents increased to approximately RMB 45,000,000 from RMB 26,400,000 as of December 31, 2019[33]. - The net cash used in operating activities for the six months ended June 30, 2020, was RMB (6,869,000), a decline from RMB 40,673,000 in the same period of 2019[59]. - Cash and cash equivalents increased to RMB 45,040,000 as of June 30, 2020, up from RMB 36,013,000 as of June 30, 2019, indicating a growth of approximately 25%[59]. - The company incurred a net cash outflow from investing activities of RMB (44,165,000) for the six months ended June 30, 2020, compared to RMB (10,076,000) in the prior year[59]. - New bank borrowings amounted to RMB 116,945,000 during the financing activities, a substantial increase from RMB 19,000,000 in the previous year[59]. - The company received guarantees for bank loans amounting to RMB 127,577,000 from ultimate shareholders, up from RMB 66,000,000 in the previous year[109]. Research and Development - The company holds a total of 65 patents for its material products, including 38 invention patents, 22 utility model patents, and 5 software copyright patents[10]. - The new material space fabric has been successfully developed and launched, widely used in outdoor water sports, entertainment, and military industries[9]. - The company plans to create and develop more new products to maintain its leadership position in the industry[9]. - The company plans to enhance its product development in the TPU materials for medical applications and continue the development of eco-friendly TPU flooring[49]. - A new technical innovation center has been established to support the research and development of new products[46]. - The company intends to recruit polymer materials graduates to enhance its technical talent pool and improve competitiveness[49]. Market Strategy and Customer Relations - The company aims to expand its market share by developing special functional materials and flooring products for major domestic and international brand clients[46]. - The company has implemented strict monitoring of overdue receivables, with credit terms generally ranging from 30 to 90 days[90]. - The company had no single customer contributing 10% or more to total sales for the six months ended June 30, 2020, similar to the previous year[74]. Other Financial Information - The company did not recommend any interim dividend for the six months ended June 30, 2020, consistent with the previous year[86]. - The company confirmed a gain of RMB 6,776,000 from the dissolution of a subsidiary, Fujian Haosi Import and Export Trade Co., Ltd.[105]. - Contract liabilities related to trade receivables amounted to RMB 19,018,000, which had been fully impaired in previous years[100]. - Other payables and accrued expenses totaled RMB 51,877,000, an increase from RMB 47,752,000 in the previous year[101]. - The company reported a decrease in accrued liabilities to RMB 16,608,000 from RMB 16,941,000[101]. - The company had no significant contingent liabilities as of June 30, 2020, consistent with the previous year[108].

如围托 中 國 龍 天 集 團 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股份代號：1863 2019 年報 目錄 公司資料 2 財務摘要 3 主席報告 4 管理層討論及分析 7 董事及高層管理人員履歷詳情 17 企業管治報告 21 環境、社會及管治報告 39 董事會報告書 53 獨立核數師報告 63 綜合損益及其他全面收入表 67 綜合財務狀況報表 68 綜合權益變動表 70 綜合現金流量表 71 綜合財務報表附註 73 五年財務概要 132 1 中國龍天集團有限公司 | --- | --- | --- | |-----------------------------------------|-------------------|------------------------------| | | | | | | | | | | | | | 公司資料 | | | | 董事會 | 主要往來銀行 | | | 執行董事 | | 中國銀行（香港）有限公司 | | 林生雄先生 （主席） | | | | 黃萬能先生 | 註冊辦事處 | | | 蔣石生先生 | Cricket | ...

미국 IF 中 國 龍 天 集 團 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股份代號：1863 201 中 期 報 告 | --- | --- | --- | |----------------------------------------------------|-------------------|--------------------------------------------------------------------| | | | | | 公司資料 | | | | | | | | 董事會 | | 註冊辦事處 | | 執行董事 林生雄先生 （主席） | | Cricket Square Hutchins Drive | | 黃萬能先生 蔣石生先生 | | PO Box 2681 Grand Cayman KY1-1111 Cayman Islands | | 獨立非執行董事 劉振邦先生 盧佳譽先生 | 香港九龍 | 香港總辦事處及主要營業地點 | | 姜萍女士 | 尖沙咀東 科學館道 | 1 號 | | 審核委員會 劉振邦先生 （主席） 盧佳譽先生 ...

DE IFC: 中 國 龍 天 集 團 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股份代號：1863 2018 目錄 公司資料 2 財務摘要 3 主席報告 4 管理層討論及分析 6 董事及高層管理人員履歷詳情 16 企業管治報告 20 環境、社會及管治報告 34 董事會報告書 49 獨立核數師報告 59 綜合損益及其他全面收入表 62 綜合財務狀況報表 63 綜合權益變動表 65 綜合現金流量表 66 綜合財務報表附註 68 五年財務概要 124 1 中國龍天集團有限公司 | --- | --- | --- | |------------------------------|-----------------------------------------------|----------------------------| | | | | | | | | | 公司資料 | | | | 董事會 | 主要往來銀行 | | | 執行董事 | 中國銀行（香港）有限公司 | | | 林生雄先生 （主席） | | | | 黃萬能先生 | 註冊辦事處 | | | 蔣石生先生 | C ...