VANOV HOLDINGS COMPANY LIMITED 環龍控股有限公司 (Incorporated in the 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 : 2260 ANNUAL REPORT 年報 2024 VANOV HOLDINGS COMPANY LIMITED 環龍控股有限公司 VANOV HOLDINGS COMPANY LIMITED 環龍控股有限公司 ANNUAL REPORT 年報 2024 CONTENTS 目錄 | CORPORATE INFORMATION | 公司資料 | 2 | | --- | --- | --- | | CHAIRPERSON'S STATEMENT | 主席報告 | 5 | | MANAGEMENT DISCUSSION AND ANALYSIS | 管理層討論及分析 | 10 | | CORPORATE GOVERNANCE REPORT | 企業管治報告 | 20 | | BIOGRAPHIES OF DIRECTORS AND SENIOR M ...

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份內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） 截至2024年12月31日止年度之年度業績公告 | 財務摘要 | | | | | --- | --- | --- | --- | | | 截至2024年 | 截至2023年 | | | | 12月31日 | 12月31日 | | | | 止年度 | 止年度 | 按年變動 | | | 人民幣千元 | 人民幣千元 | % | | 收益 | 255,488 | 237,370 | 7.6% | | 毛利 | 125,750 | 126,489 | -0.6% | | 本公司權益持有人應佔溢利及 | | | | | 全面收益總額 | 46,192 | 53,124 | -13.0% | | | 2024年 | 2023年 | | | | 人民幣分 | 人民幣分 | | | 本 ...

VANOV | --- | --- | |-------|--------------------------------------------------------------------------------------------| | | | | | | | | VANOV HOLDINGS COMPANY LIMITED 環龍控股有限公司 | | | (Incorporated in the 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 : 2260 2024 | | | INTERIM REPORT 中 期 報 告 | CONTENTS 目錄 | --- | --- | --- | |------------------------------------------------------------------------------------|-------------------------------|-------| | | | | | CORPORATE INFORM ...

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份內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） 截至2024年6月30日止六個月之中期業績公告 環龍控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至2024年6月30日止六個月之未經審核簡明綜合 中期業績以及2023年同期之比較數字如下： – 1 – 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 | --- | --- | --- | --- | |----------------------------------------------------------------|-------|----------------------------------------------------|--------------------- ...

Financial Performance - Revenue for 2023 was approximately RMB 237.37 million, representing a year-on-year increase of 9.0%; net profit was approximately RMB 53.683 million, a year-on-year increase of 1.3%[8]. - In 2023, the Group achieved revenue of approximately RMB 237.37 million, representing a year-on-year growth of 9.0%[33]. - The net profit for 2023 was RMB 53.68 million, reflecting a year-on-year increase of 1.3%[33]. - The final dividend recommended for the year ended December 31, 2023, is 4 HK cents per share, subject to shareholder approval[69]. - As of December 31, 2023, the Company's reserves available for distribution to shareholders amounted to RMB 73.52 million[71]. - As of December 31, 2023, the total distributable reserves available to shareholders amounted to RMB 73,520,000[110]. Production and Market Trends - The production volume of paper and paperboard reached 144.055 million tonnes, a year-on-year increase of 6.6%[8]. - The total production volume of paper and paperboard in China is projected to reach 140 million tonnes by 2025, driven by recovering global economic activities[14]. - The production of paper and paperboard in China reached 14.41 million tons in 2023, with a year-on-year growth of 6.6%[33]. - The paperboard production is expected to grow due to increased demand from the packaging industry driven by e-commerce and consumer preferences for sustainable materials[59]. - The global paper and paperboard packaging market is expected to reach USD 193.801 billion by 2029, with a CAGR of 3.75%[41]. Technological Innovation and Development - The Group holds 97 patents, including invention, utility model, and design patents, emphasizing its commitment to technological innovation[9]. - The self-developed Paper Machine Efficiency Operation System enhances product quality and customer loyalty, providing data support for product design and optimization[10]. - The Group plans to establish a leading digital and intelligent manufacturing production line for papermaking felts in Shanghai by 2024, aimed at improving product quality and service capabilities[20]. - The Group invested in a digital and intelligent production line in Shanghai, which is expected to commence production by 2024[54]. - The Group's commitment to digital transformation and smart manufacturing is expected to enhance operational efficiency and product quality[63]. - The Group aims to lead the green industrial development in the papermaking felt industry through technological innovation[67]. Strategic Goals and Acquisitions - The Group aims to expand its market through quality improvements and digitalization, while promoting green manufacturing and technology upgrades[17]. - The Group will selectively seek strategic acquisitions to enhance its business capabilities and promote internationalization[19]. - The Group's strategy focuses on "internationalization," "refinement," and "digitalization and systematization" to become a leading supplier of papermaking felts[61]. - The Group plans to seek strategic acquisitions to enhance business capabilities and expand its global market presence[64]. Corporate Governance and Compliance - The Group maintained a high level of corporate governance, with details provided in the Corporate Governance Report[160]. - The Company confirmed compliance with non-competition undertakings during the year ended December 31, 2023[167]. - Independent non-executive Directors confirmed compliance with non-competition undertakings as of December 31, 2023[136]. - The auditor has confirmed that there were no issues with the disclosed continuing connected transactions, ensuring compliance with the Group's pricing policy and relevant agreements[192]. Customer and Supplier Relationships - The Group has established strong relationships with customers, ensuring products are designed and manufactured according to their production needs[91]. - The Group maintains long-term relationships with key suppliers, ensuring a steady supply of raw materials based on quality, supply capacity, and pricing[94]. - The Group's sales and marketing teams regularly visit customers to understand their needs and keep up with product trends[91]. - The Group provides complimentary technical advisory proposals to customers to enhance after-sales service[91]. - The Group's total sales attributable to its five largest customers accounted for approximately 16.7% of total sales for the year, with the largest customer contributing about 6.8%[196]. - The aggregate purchases from the Group's five largest suppliers represented approximately 77.3% of total purchases, with the largest supplier accounting for about 51.8%[196]. Environmental and Social Responsibility - The Group has received recognition as a national-level "Green Factory" and a top "Green Low-Carbon Transformation Enterprise" in Chengdu[9]. - The Group is committed to fulfilling its corporate responsibilities and enhancing its ESG management practices[17]. - The Group completed carbon footprint evaluation and certification, being recognized as a "Top 10 Green and Low-Carbon Transformation Enterprise of Chengdu"[51]. - The paper and packaging industry is transitioning towards sustainability and digitalization from 2020 to 2030, indicating significant development potential[41].

| --- | --- | --- | |------------|---------|---------| | | | | | 資本及儲備 | | | | 股本 | 3,949 | 3,949 | | 儲備 | 401,707 | 366,409 | 總權益 409,009 373,354 綜合財務報表附註 本公司為一間投資控股公司，連同其附屬公司主要從事造紙毛毯的設計、 製造及銷售。 綜合財務報表以人民幣（「人民幣」）呈列，亦為本公司及其附屬公司的功 能貨幣。 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份內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） | --- | --- | --- | --- | |------------------------------|--------------------|------------------|----- ...

VANOV HOLDINGS COMPANY LIMITED 環龍控股有限公司 Stock Code 股份代號 : 2260 CONTENTS CORPORATE INFORMATION 公司資料 麥寶文女士 REGISTERED OFFICE No. 519, Section 2, Xinhua Avenue Chengdu Strait Science and Technology Industry Development Park Wenjiang District, Chengdu Sichuan Province, PRC | --- | --- | |---------------------------|-------| | | | | | | | | | | PRINCIPAL BANKS | | | Industrial Bank Co., Ltd. | | | Hong Kong Branch | | | Industrial Bank Co., Ltd. | | | Chengdu Branch | | | Industrial Bank Co., Ltd | | Grant Thorn ...

於2023年及2022年6月30日，本公司的已發行股份總數為483,442,000股普通 股。用作計算截至2022年6月30日止六個月之每股基本盈利的普通股數目 乃基於(i)重組及資本化發行365,788,000股普通股已於2021年1月1日生效， 詳情載於招股章程附錄五「法定及一般資料 — A.有關本公司的其他資料 — 3.股東於2021年12月9日及2021年12月22日通過的書面決議案」一段；及 (ii)110,621,979股普通股，即於截至2022年6月30日止六個月根據本公司首次 公開發售股份所發行的117,642,000股新普通股的加權平均數的假設而釐定。 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份內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 截至2023年6月30日止六個月之中期業績公告 環龍控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至2023年6月30日止六個月之未經審核綜合中期 業績以及2022年同期之比較 ...

Stock Code 股份代號 : 2260 | --- | --- | |--------------------------------------------------------------------------|--------------------------| | | | | CORPORATE INFORMATION | 公司資料 | | CHAIRPERSON'S STATEMENT | 主席報告 | | MANAGEMENT DISCUSSION AND ANALYSIS | 管理層討論及分析 | | CORPORATE GOVERNANCE REPORT | 企業管治報告 | | BIOGRAPHIES OF DIRECTORS AND SENIOR MANAGEMENT | 董事及高級管理層履歷 | | DIRECTORS' REPORT | 董事會報告 | | INDEPENDENT AUDITOR'S REPORT | 獨立核數師報告 | | CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE IN ...

Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） – 1 – | --- | --- | --- | --- | |-----------------------------------------|-------|----------------------|--------------------| | | 附註 | 2022 年 人民幣千元 | 2021 年 人民幣千元 | | 收益 銷售成本 | 3 | 217,756 (100,939) | 213,668 (100,046) | | | | | | | 毛利 | | 116,817 | 113,622 | | 其他收入 | | 20,102 | 5,509 | | 按公平值計入損益的金融資產的 公平值虧損 | | (1) | — | | 銷售及分銷開支 行政及其他經營開支 | | (21,595) (40,345) | (19,855) (31,587) | | 財務成本 | | (10,536) | (8,229) | | 除所得稅前溢利 所得稅開支 | 4 ...