近日，喜相逢集团控股有限公司(2473.HK)宣布其全资附属公司--喜相逢低空综合服务(福建)有限公司已 于2025年4月正式取得营业执照，标志着公司正式进入低空经济领域。根据集团公告，新公司将围绕低 空经济相关综合服务、无人机销售及融资租赁等业务开展，并计划适时投资优质无人机相关企业，逐步 完善在无人机产业链的战略布局。 图片来源:喜相逢集团控股有限公司公告 低空经济是指利用低空空域(通常指地表以上1000米以下)开展的经济活动，涵盖物流、农业植保、应急 救援、城市交通等多个场景。近年来，随着政策推动和技术进步，低空经济在中国进入快速发展阶段。 数据显示，截至2025年一季度，国内现存低空经济相关企业已达8.24万家，2025年一季度新注册相关企 业5934家，同比增长224%。2023年中国低空经济总产值约5060亿元人民币，同比增长33.8%。预计2025 年市场规模将达到8591.7亿元人民币，部分机构预测2025年有望突破1万亿元人民币。展望2030年，行 业规模有望超过3万亿元人民币，2035年预计达到3.5万亿元。 政策层面，低空经济已被纳入国家战略。2024年，低空经济首次写入《政府工作报告》 ...

喜相逢集团公告，本集团全资附属公司喜相逢低空综合服务(福建)有限公司于2025年4月在中国注册成 立并取得营业执照，计划开展低空经济相关综合服务业务、无人机销售及租赁服务，以及低空经济有关 投资业务。董事会认为，低空经济行业具有庞大的市场潜力，"无人机+"应用逐渐落地，在物流、清 洗、植保、救援、航测、巡检等应用领域有著广阔的市场需求。本集团将提供无人机销售业务、无人机 短期、长期租赁服务等多样化的供应链服务解决方案，以满足"无人机+"各应用领域用户的需求。此 外，本集团将适时投资优质的无人机相关企业，战略性布局无人机产业链。本集团将以上述无人机业务 为切入点积极进军低空经济领域。 ...

XXF Group Holdings Limited 喜相逢集團控股有限公司 股份代號 : 2473 年 2024 報 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 4 | | 財務摘要 | 6 | | 五年財務摘要 | 7 | | 管理層討論與分析 | 8 | | 2024年度大事件 | 27 | | 董事及高級管理層 | 35 | | 董事會報告 | 42 | | 企業管治報告 | 59 | | 環境、社會及管治報告 | 76 | | 獨立核數師報告 | 110 | | 綜合全面收益表 | 116 | | 綜合財務狀況表 | 118 | | 綜合權益變動表 | 120 | | 綜合現金流量表 | 122 | | 綜合財務報表附註 | 123 | | 釋義 | 201 | 公司資料 董事會 執行董事 黃偉先生 （主席兼首席執行官） 葉富偉先生 張景花女士 非執行董事 劉偉先生 徐睿女士 （於2024年11 月 6日辭任） 獨立非執行董事 吳飛先生 馮志偉先生 陳碩先生 合和中心 17 樓1712-1716號舖 審核委員會 馮志偉先生 （主席） 吳飛先生 陳碩先生 薪酬委員會 ...

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，並表明概不就因本公告全部或任何部分內容而產生或依賴該等內 容而引致的任何損失承擔任何責任。 XXF GROUP HOLDINGS LIMITED 喜相逢集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2473） 截至2024年12月31日止年度的 年度業績公告 董事會欣然宣佈本集團截至2024年12月31日止年度的經審核綜合年度業績，連同 截至2023年12月31日止年度的比較數字。 | 財務摘要 | | | | | --- | --- | --- | --- | | | 截至12月31日止年度 | | | | | 2024年 | 2023年 | 同比變動 | | | 人民幣千元 | 人民幣千元 | | | 收益 | 1,464,084 | 1,304,341 | 12.2% | | 毛利 | 438,351 | 419,012 | 4.6% | | 除所得稅前利潤 | 53,368 | 129,850 | (58.9%) | | 年度利潤 | 39,729 | 109,834 | ( ...

Automotive Business and Market Performance - The company's main business includes car retail and financing, with most non-luxury cars sold through direct financing leases, and car-related services such as operating leases[17] - From January to June 2024, China's automobile production and sales were 13.9 million and 14.0 million units, respectively, with year-on-year growth of 4.9% and 6.1%[19] - By the end of June 2024, the cumulative production and sales of domestic new energy vehicles exceeded 30 million units, with Chinese brand passenger cars accounting for over 60% of the market share[19] - The company's new car sales in the auto finance leasing business increased by 17.2% year-on-year during the reporting period[21] - The company officially launched auto sales export business in 2024, marking an innovative and promising venture[23] - China's auto exports reached 5.221 million units in 2023, a 57.4% increase from 3.317 million units in 2022[23] - The company is focusing on the new energy vehicle sector through product innovation, intelligent risk control, technology application, and asset management[21] - The company's auto finance leasing business offers flexible rental payment methods and comprehensive after-sales services, improving customer satisfaction and loyalty[21] - The company is strategically expanding its market presence by deepening its existing market layout and gradually opening new outlets[21] - The company expanded its self-operated sales outlets to 80 by June 30, 2024, with 47 outlets dedicated to passenger cars, 13 to ride-hailing vehicles, and 20 offering both[31] - Revenue from the East China region accounted for 33.4% of total automotive retail and financing revenue in the first half of 2024, while the North China and Northwest China regions saw increased revenue shares due to enhanced sales capabilities[31] - The top five customers contributed only 1.3% of total revenue in the first half of 2024, indicating a diversified customer base with no significant reliance on major clients[31] - Sales cost increased by 11.3% to RMB 449.4 million in the first half of 2024, driven by higher car sales in the auto retail and financing business[34] - Gross profit rose by 6.1% to RMB 209.3 million, with gross margin at 31.8% in 2024 compared to 32.8% in 2023[35] - Sales and marketing expenses increased by 13.1% to RMB 49.9 million due to expanded sales efforts and higher employee benefits[36] - Inventory decreased by RMB 35.8 million to RMB 134.2 million as of June 30, 2024, due to reduced new car procurement[47] - The company's financing lease receivables involved 25,487 contracts (24,610 borrowers) as of December 31, 2023, a 15.8% increase from 22,001 contracts (21,292 borrowers) as of December 31, 2022[49] - The net financing lease receivables amounted to RMB 1,670.9 million as of December 31, 2023, a 12.6% increase compared to December 31, 2022[49] - The proportion of net financing lease receivables due within one year was 41.8% as of December 31, 2023, slightly higher than the previous year, driven by an increase in the number of financing lease agreements[49] - The top five clients accounted for 1.5%, 1.7%, and 2.4% of the company's net financing lease receivables as of June 30, 2024, December 31, 2023, and December 31, 2022, respectively[49] - The net financing lease receivables in East China accounted for 38.3% of the total as of June 30, 2024, up from 35.7% as of December 31, 2023[49] - The net financing lease receivables in Northwest China increased to 8.7% as of June 30, 2024, compared to 7.9% as of December 31, 2023[49] - The overdue financing lease receivables ratio for more than three months remained below 1% as of June 30, 2024, December 31, 2023, and December 31, 2022[52] - The provision ratio for net financing lease receivables was 0.8% as of June 30, 2024, compared to 0.9% as of December 31, 2023 and 2022[50] - The coverage ratio for overdue financing lease receivables exceeding six months was 293.2% as of June 30, 2024, compared to 307.4% as of December 31, 2023[50] - The company's credit risk management system includes pre-lease and post-lease credit risk management, with specific requirements for potential financing lease clients[54][55] - Total finance lease receivables stood at RMB 2,100,745 thousand as of June 30, 2024, slightly down from RMB 2,109,522 thousand at the end of 2023[139] - Net finance lease receivables amounted to RMB 1,672,557 thousand as of June 30, 2024, with RMB 698,221 thousand due within one year[139] - Non-performing finance lease receivables (overdue) totaled RMB 96,786 thousand as of June 30, 2024[141] - The impairment provision for finance lease receivables decreased to RMB 14,205 thousand as of June 30, 2024, compared to RMB 12,853 thousand as of June 30, 2023[142] - Inventory decreased to RMB 134,179 thousand as of June 30, 2024, from RMB 169,976 thousand as of December 31, 2023, primarily due to a reduction in car inventory[146] Financial Performance and Metrics - The company's adjusted net profit for the reporting period was RMB 23.9 million, an increase of 7.8% compared to RMB 22.1 million in the same period last year[26] - Revenue increased by 9.6% to RMB 658.7 million in the first half of 2024 compared to RMB 601.0 million in the same period of 2023, driven by enhanced sales and marketing efforts[27] - Automotive retail and financing accounted for 85.9% of total revenue, with financing lease sales contributing RMB 411.2 million (62.5%) and financing lease income contributing RMB 154.4 million (23.4%)[27] - Automotive-related business revenue grew to RMB 93.0 million (14.1% of total revenue), with automotive operating leases contributing RMB 80.9 million (12.3%)[27] - The average actual interest rate for newly established financing lease agreements remained stable at 18.7% in the first half of 2024, consistent with the same period in 2023[29] - The average return rate on financing lease receivables decreased to 18.6% in the first half of 2024 from 19.8% in the same period of 2023, due to the completion of higher-yielding agreements from earlier years[30] - Administrative expenses decreased by 1.8% to RMB 55.9 million, mainly due to the absence of listing fees[38] - R&D expenses remained minimal at RMB 0.5 million, similar to the previous year[39] - Net finance costs decreased by 1.7% to RMB 80.6 million, driven by lower average loan costs in the auto retail and financing business[40] - Profit for the period dropped to RMB 19.5 million from RMB 62.3 million, impacted by the absence of fair value gains on redeemable ordinary shares and increased option expenses[43] - Net profit attributable to owners was RMB 19.7 million with a net profit margin of 3.0%, down from 10.4% in 2023[44] - Revenue for the six months ended June 30, 2024, increased to RMB 658,651 thousand, up 9.6% from RMB 601,001 thousand in the same period in 2023[108] - Gross profit for the six months ended June 30, 2024, was RMB 209,260 thousand, compared to RMB 197,291 thousand in the same period in 2023[108] - Net profit attributable to the company's owners for the six months ended June 30, 2024, was RMB 19,685 thousand, a significant decrease from RMB 62,402 thousand in the same period in 2023[108] - Total assets as of June 30, 2024, were RMB 2,943,289 thousand, slightly up from RMB 2,920,886 thousand as of December 31, 2023[110] - Total liabilities as of June 30, 2024, were RMB 2,139,489 thousand, compared to RMB 2,139,436 thousand as of December 31, 2023[111] - Property, plant, and equipment increased to RMB 497,657 thousand as of June 30, 2024, from RMB 428,067 thousand as of December 31, 2023[110] - Research and development expenses for the six months ended June 30, 2024, were RMB 450 thousand, up from RMB 273 thousand in the same period in 2023[108] - The company's total equity as of June 30, 2024, was RMB 803,800 thousand, compared to RMB 781,450 thousand as of December 31, 2023[110] - Basic earnings per share for the six months ended June 30, 2024, were RMB 3.82 cents, down from RMB 18.40 cents in the same period in 2023[109] - Total equity as of June 30, 2024, increased to RMB 803,800 thousand, up from RMB 781,450 thousand at the beginning of the year[112] - Net cash generated from operating activities for the six months ended June 30, 2024, was RMB 7,648 thousand, compared to RMB 7,244 thousand in the same period last year[113] - Net cash used in investing activities for the six months ended June 30, 2024, was RMB 143,501 thousand, compared to RMB 130,093 thousand in the same period last year[113] - Net cash generated from financing activities for the six months ended June 30, 2024, was RMB 116,208 thousand, compared to RMB 135,240 thousand in the same period last year[113] - The company's cash and cash equivalents decreased by RMB 19,645 thousand during the six months ended June 30, 2024, compared to an increase of RMB 12,391 thousand in the same period last year[113] - The company's total comprehensive income for the six months ended June 30, 2024, was RMB 18,151 thousand, compared to RMB 58,908 thousand in the same period last year[112] - The company's profit for the six months ended June 30, 2024, was RMB 19,685 thousand, compared to RMB 62,402 thousand in the same period last year[112] - The company's exchange differences on translation of foreign operations resulted in a loss of RMB 1,534 thousand for the six months ended June 30, 2024[112] - The company's share-based payments amounted to RMB 4,395 thousand for the six months ended June 30, 2024[112] - The company's total assets as of June 30, 2024, were RMB 798,039 thousand, compared to RMB 559,145 thousand as of June 30, 2023[112] - The fair value of financial assets and liabilities is categorized into three levels based on observable inputs, with Level 1 being quoted prices in active markets, Level 2 being observable inputs other than Level 1, and Level 3 being unobservable inputs[119] - The third-level financial instruments showed a decrease from RMB 20,024 thousand to RMB 13,016 thousand during the reporting period, primarily due to disposals of RMB 7,000 thousand and a loss of RMB 8 thousand recognized in profit or loss[121] - The company's revenue for the six months ended June 30, 2024, increased to RMB 658,651 thousand from RMB 601,001 thousand in the same period of 2023, driven by growth in car sales under finance leases (RMB 411,239 thousand), finance lease income (RMB 154,369 thousand), and operating lease income (RMB 80,859 thousand)[123] - Total expenses for the six months ended June 30, 2024, rose to RMB 555,603 thousand from RMB 504,965 thousand in 2023, with significant increases in inventory costs (RMB 341,213 thousand), employee benefits (RMB 70,140 thousand), and depreciation (RMB 65,748 thousand)[124] - Net finance costs for the six months ended June 30, 2024, decreased slightly to RMB 80,614 thousand from RMB 82,033 thousand in 2023, mainly due to a reduction in interest expenses on other borrowings (RMB 5,300 thousand)[125] - Income tax expense for the six months ended June 30, 2024, increased to RMB 7,585 thousand from RMB 2,905 thousand in 2023, with current tax expense rising to RMB 8,150 thousand and deferred tax decreasing to RMB 565 thousand[126] - Net profit attributable to the company's owners decreased to RMB 19,685 thousand in the first half of 2024, compared to RMB 62,402 thousand in the same period in 2023[127] - Basic earnings per share (EPS) dropped to RMB 3.82 cents in H1 2024 from RMB 18.40 cents in H1 2023[127] - Diluted EPS decreased slightly to RMB 3.64 cents in H1 2024 from RMB 3.90 cents in H1 2023[127] - The company did not declare an interim dividend for the six months ended June 30, 2024[131] - Property, plant, and equipment increased to RMB 484,227 thousand as of June 30, 2024, up from RMB 413,041 thousand at the beginning of the period[133] - The company invested RMB 23,030 thousand in an associate, Fujian Xidun Automobile Service Co., Ltd., in which it holds a 47% stake[137][138] - Trade receivables (net of impairment provision) increased to RMB 10,560 thousand as of June 30, 2024, from RMB 9,928 thousand as of December 31, 2023[143] - The majority of trade receivables (86.8%) were aged within 3 months as of June 30, 2024, totaling RMB 9,169 thousand[144] - Trade payables decreased significantly to RMB 54,248 thousand as of June 30, 2024, from RMB 135,520 thousand as of December 31, 2023[147] - Total borrowings increased to RMB 1,990,633 thousand as of June 30, 2024, compared to RMB 1,865,655 thousand as of December 31, 2023[149] - The weighted average interest rate for secured bank loans decreased to 5.89% as of June 30, 2024, from 6.94% as of December 31, 2023[151] - The company's total collateral amounted to RMB 2,225,021 thousand as of June 30, 2024, with finance lease receivables making up the largest portion at RMB 1,645,586 thousand[151] Digital Transformation and Innovation - The company is actively embracing digital transformation, utilizing low-code platforms, intelligent decision-making through internal data warehouses, and AI-powered customer service robots to enhance operational efficiency[22] Environmental and Social Responsibility - The company is committed to green and low-carbon production, reducing environmental impact, and actively participating in social welfare activities[23] Shareholder and Equity Information - Huang Wei holds 24.94% of the company's shares through controlled entities[72][75] - Ye Fuwei holds 0.19% of the company's shares through controlled entities[72] - Zhang Jinghua holds 0.19% of the company's shares as a beneficial owner[72] - Major shareholders include Mingzhu Capital Resources Limited (12.32%) and Ideal Stand Ventures Management Limited (10.49%)[75] - Brown Oak Holdings Limited holds 45,215,840 shares, representing 8.77% of the total shares[77] - Charming Tulip Holdings Limited holds 41,495,497 shares, representing 8.05% of the total shares[77] - Happy Gain Business Developments Limited directly holds 19,090,580 shares[79] - Southern Fortune Enterprises Management Limited directly holds 10,817,995 shares[79] - Brown Oak Holdings Limited is wholly owned by Shanghai Jili Enterprise Management Partnership (Limited Partnership)[80] - Charming Tulip Holdings Limited is wholly owned by Shanghai Xuan Te Enterprise Management Co., Ltd[81] - Shanghai Xuan Te Enterprise Management Co., Ltd is owned 47.18% by Ms. Qiu Hui and 32.27% by Mr. Lin Dachun[81] - Brown Oak Holdings Limited is controlled by Zhuhai Wanhe Jinhua Asset Management Co., Ltd[80] - Zhuhai Wanhe Jinhua Asset Management Co., Ltd is wholly owned by Guotong Wanhe Private Fund Management Co., Ltd[80] - Guotong Wanhe Private Fund Management Co., Ltd is controlled 45% by Guotai Kangxin Trust Co., Ltd and 35% by Beijing Dong'an Weiye Investment Management Co., Ltd[80] Capital and Funding Utilization - The net proceeds from the global offering amounted to approximately HKD 28.8 million, with HKD 17.449 million allocated for car purchases and HKD 11.326 million for sales network expansion[83] - As of June 30, 2024, HKD 17.366 million (RMB 16.409 million) of the funds allocated for car purchases had been utilized, leaving HKD 83,000 (RMB 75,000) unused[83] - For sales network expansion, only HKD 747,000 (RMB 689,000) had been utilized by June 30, 2024, with HKD 10.579 million (RMB 10.011 million) remaining unused[83] - The total utilized funds as of June 30, 2024, were

Revenue and Profit Performance - Revenue for the six months ended June 30, 2024, increased by 9.6% to RMB 658.651 million compared to RMB 601.001 million in the same period last year[3] - Gross profit rose by 6.1% to RMB 209.260 million from RMB 197.291 million year-on-year[3] - Profit before tax decreased significantly by 58.5% to RMB 27.064 million from RMB 65.159 million in the previous year[3] - Net profit for the period dropped by 68.7% to RMB 19.479 million compared to RMB 62.254 million in 2023[3] - Adjusted net profit (non-IFRS) increased by 7.8% to RMB 23.874 million from RMB 22.145 million[3] - Adjusted net profit (non-IFRS) for the reporting period was RMB 23.9 million, a 7.8% increase from RMB 22.1 million in the same period last year[12] - Total revenue for the six months ended June 30, 2024, increased by 9.6% to RMB 658.7 million, up from RMB 601.0 million in the same period in 2023[13] - Revenue for the six months ended June 30, 2024, reached RMB 658.651 million, a 9.6% increase compared to RMB 601.001 million in the same period in 2023[61] - Gross profit for the period was RMB 209.260 million, up 6.1% from RMB 197.291 million in 2023[61] - Net profit attributable to the company's owners was RMB 19.685 million, a significant decrease from RMB 62.402 million in the same period last year[61] - Basic earnings per share for the period were RMB 3.82 cents, down from RMB 18.40 cents in 2023[62] - Net profit margin for the six months ended June 30, 2024, was 3.0%, down from 10.4% in the same period in 2023[29] - Net profit attributable to the company's owners for the six months ended June 30, 2024, was RMB 19,685 thousand, a significant decrease from RMB 62,402 thousand in the same period in 2023[73] - Basic earnings per share for the six months ended June 30, 2024, were RMB 0.0382, down from RMB 0.1840 in the same period in 2023[73] - Diluted earnings per share for the six months ended June 30, 2024, were RMB 0.0364, compared to RMB 0.0390 in the same period in 2023[73] Auto Financing and Leasing Business - New car sales under the auto financing leasing business grew by 17.2% year-on-year, indicating strong market demand[8] - The company is exploring automobile financing lease export business to provide flexible purchasing options for international consumers[9] - The company's direct financing lease model includes vehicles newly purchased from dealers and those repossessed due to customer defaults[14] - The average actual interest rate for newly established financing lease agreements in 2024 was 18.7%, consistent with 2023, while the average return rate on financing lease receivables decreased slightly from 19.8% in 2023 to 18.6% in 2024 due to the completion of higher-yielding agreements from earlier years[15][17] - The number of financing lease contracts increased by 4.4% to 26,605 as of June 30, 2024, compared to 25,487 as of December 31, 2023, with net financing lease receivables slightly increasing to RMB 1,672.6 million[31] - The proportion of financing lease receivables due within one year remained stable at 41.7% as of June 30, 2024, compared to 41.8% as of December 31, 2023[33] - The top five customers accounted for 1.5% of the company's net financing lease receivables as of June 30, 2024, down from 1.7% as of December 31, 2023[33] - The net amount of finance lease receivables as of June 30, 2024, was RMB 1,672,557 thousand, showing a slight increase from RMB 1,670,900 thousand as of December 31, 2023, and a significant rise from RMB 1,483,627 thousand as of December 31, 2022[34] - The provision ratio for finance lease receivables as of June 30, 2024, was 0.8%, slightly lower than 0.9% as of December 31, 2023, and December 31, 2022[34] - The overdue ratio for finance lease receivables over three months as of June 30, 2024, was 0.7%, consistent with the ratios as of December 31, 2023, and December 31, 2022[34] - The coverage ratio for overdue finance lease receivables over three months as of June 30, 2024, was 116.9%, slightly lower than 121.0% as of December 31, 2023, but higher than 127.5% as of December 31, 2022[34] - The company maintains a low overdue ratio, with overdue ratios for more than three months, six months, and one year all below 1% as of June 30, 2024, December 31, 2023, and December 31, 2022[36] - The company uses a simplified method under IFRS 9 to recognize impairment losses on finance lease receivables, with expected lifetime losses recognized at initial recognition[36] - Revenue from financing lease sales of cars reached RMB 411,239 thousand in the first half of 2024, up from RMB 384,710 thousand in the same period of 2023[68] - Financing lease income grew to RMB 154,369 thousand in H1 2024, compared to RMB 148,191 thousand in H1 2023[68] - Total finance lease receivables as of June 30, 2024, were RMB 2,100,745 thousand, slightly down from RMB 2,109,522 thousand as of December 31, 2023[79] - Unearned finance income as of June 30, 2024, was RMB 428,188 thousand, compared to RMB 438,622 thousand as of December 31, 2023[79] - The company's finance lease receivables were predominantly current, with RMB 915,227 thousand due within one year as of June 30, 2024[79] - The company's financing lease receivables used as collateral increased to RMB 1,645,586 thousand as of June 30, 2024, from RMB 1,621,112 thousand as of December 31, 2023[86] Digital Transformation and Innovation - The company has embraced digital transformation, utilizing low-code platforms, intelligent decision-making, and AI-driven customer service to enhance operational efficiency[8] - The company is actively expanding in the new energy vehicle sector through product innovation and technological applications[8] Macroeconomic and Market Environment - China's GDP for the first half of 2024 grew by 5.0% year-on-year, reaching RMB 61.6836 trillion, providing a stable macroeconomic environment[5] - The domestic auto market saw a 6.1% increase in sales to 14.0 million units in the first half of 2024, with new energy vehicle production and sales continuing to grow rapidly[6] - China's automobile exports reached 5.221 million units in 2023, a 57.4% increase compared to 3.317 million units in 2022, making China the world's largest automobile exporter[9] Business Expansion and Strategy - The company officially launched automobile export sales in 2024, marking an innovative and promising business expansion[9] - The company emphasizes green and low-carbon production as part of its sustainable development strategy[9] - The company's self-operated sales outlets increased from 67 in 2022 to 80 in 2024, with 47 outlets dedicated to passenger cars, 13 to ride-hailing services, and 20 offering both[17] - Revenue from the East China region accounted for 33.4% of total revenue in 2024, down from 37.7% in 2023, while the North China and Northwest China regions saw increased revenue shares due to enhanced sales capabilities[18] - The company's shares were listed on the Main Board of the Hong Kong Stock Exchange on November 9, 2023[88] - The reporting period for the financial results is from January 1, 2024, to June 30, 2024[88] - The company adopted a pre-IPO share option plan on October 9, 2023, which became effective on the listing date[89] - The company's indirect wholly-owned subsidiary, XFX Financial Leasing Group Co., Ltd., is incorporated under Chinese law[89] - The company's board of directors includes three executive directors, two non-executive directors, and three independent non-executive directors[89] Expenses and Costs - Sales and marketing expenses rose by 13.1% from RMB 44.1 million in 2023 to RMB 49.9 million in 2024, driven by expanded sales efforts and increased employee benefits[22] - Administrative expenses decreased by 1.8% from RMB 56.9 million in 2023 to RMB 55.9 million in 2024, primarily due to the absence of listing fees and increased option expenses[23] - R&D expenses for the six months ended June 30, 2024, amounted to RMB 0.5 million, similar to the RMB 0.3 million recorded in the same period in 2023[24] - Net finance costs decreased by 1.7% from RMB 82.0 million in the six months ended June 30, 2023, to RMB 80.6 million in the same period in 2024, primarily due to lower average loan funding costs in the auto retail and financing business[25] - Income tax expense increased from RMB 2.9 million in the six months ended June 30, 2023, to RMB 7.6 million in the same period in 2024, mainly due to higher taxable profits[27] - Research and development expenses increased to RMB 450,000, up from RMB 273,000 in the same period last year[61] - Net financial costs decreased to RMB 80,614 thousand in H1 2024, down from RMB 82,033 thousand in H1 2023[71] - Income tax expense for the six months ended June 30, 2024, was RMB 7,585 thousand, compared to RMB 2,905 thousand for the same period in 2023, with an applicable tax rate of 25%[72] Financial Position and Assets - Inventory decreased by RMB 35.8 million to RMB 134.2 million as of June 30, 2024, compared to RMB 170.0 million as of December 31, 2023, due to reduced new car procurement[30] - The company's gross profit increased by 6.1% from RMB 197.3 million in 2023 to RMB 209.3 million in 2024, with gross margins at 31.8% and 32.8% respectively[21] - The fair value gain on redeemable ordinary shares decreased from RMB 46.3 million in the six months ended June 30, 2023, to RMB 0 in the same period in 2024, as the redeemable ordinary shares were converted to ordinary shares upon listing[26] - Profit for the six months ended June 30, 2024, decreased to RMB 19.5 million from RMB 62.3 million in the same period in 2023, primarily due to the absence of fair value changes in redeemable ordinary shares and increased share option expenses[28] - The company's asset-liability ratio increased from 67.4% as of December 31, 2023, to 68.6% as of June 30, 2024, primarily due to an increase in net debt[45] - Net current assets increased from RMB 267.0 million as of December 31, 2023, to RMB 285.7 million as of June 30, 2024, mainly due to a decrease in trade payables and other current liabilities[47] - Total capital expenditure decreased by 25.1% from RMB 232.3 million for the six months ended June 30, 2023, to RMB 174.0 million for the six months ended June 30, 2024, primarily due to reduced spending on property, plant, and equipment, as well as intangible assets[49] - The company's total borrowing increased from RMB 1,865.7 million as of December 31, 2023, to RMB 1,990.6 million as of June 30, 2024, while lease liabilities decreased from RMB 14.9 million to RMB 13.6 million during the same period[44] - The company's inventory decreased from RMB 169.98 million as of December 31, 2023, to RMB 134.18 million as of June 30, 2024[46] - The company's total equity increased from RMB 781.45 million as of December 31, 2023, to RMB 803.80 million as of June 30, 2024[44] - The company's total capital increased from RMB 2,394.27 million as of December 31, 2023, to RMB 2,559.66 million as of June 30, 2024[44] - The company's total current liabilities decreased from RMB 1,181.79 million as of December 31, 2023, to RMB 1,096.61 million as of June 30, 2024[46] - The company's total current assets decreased from RMB 1,448.82 million as of December 31, 2023, to RMB 1,382.28 million as of June 30, 2024[46] - The company's total borrowing secured by collateral increased from RMB 2,144.1 million as of December 31, 2023, to RMB 2,225.0 million as of June 30, 2024[50] - Total assets increased to RMB 2,943,289 thousand as of June 30, 2024, compared to RMB 2,920,886 thousand as of December 31, 2023[63] - Inventory decreased to RMB 134,179 thousand as of June 30, 2024, from RMB 169,976 thousand as of December 31, 2023[63] - Cash and cash equivalents stood at RMB 248,344 thousand as of June 30, 2024, down from RMB 267,733 thousand as of December 31, 2023[63] - Total equity increased to RMB 803,800 thousand as of June 30, 2024, compared to RMB 781,450 thousand as of December 31, 2023[64] - Total liabilities remained stable at RMB 2,139,489 thousand as of June 30, 2024, compared to RMB 2,139,436 thousand as of December 31, 2023[64] - Property, plant, and equipment additions for the six months ended June 30, 2024, amounted to RMB 167,039 thousand, compared to RMB 224,050 thousand in the same period in 2023[77] - The company invested RMB 23,030 thousand in an associate, Fujian Xidun Automobile Service Co., Ltd., during the six months ended June 30, 2024[78] - Trade receivables (net of impairment allowance) increased to RMB 10,560 thousand as of June 30, 2024, compared to RMB 9,928 thousand as of December 31, 2023[82] - Trade payables decreased significantly to RMB 54,248 thousand as of June 30, 2024, from RMB 135,520 thousand as of December 31, 2023[83] - The weighted average effective interest rate for secured bank loans decreased to 5.89% as of June 30, 2024, from 6.94% as of December 31, 2023[86] - The company's total borrowings amounted to RMB 1,990,633 thousand as of June 30, 2024, compared to RMB 1,865,655 thousand as of December 31, 2023[85] - The company's property and equipment used as collateral increased to RMB 420,675 thousand as of June 30, 2024, from RMB 369,645 thousand as of December 31, 2023[86] - The company's inventory used as collateral slightly increased to RMB 107,340 thousand as of June 30, 2024, from RMB 105,016 thousand as of December 31, 2023[86] - The company's trade receivables aged within 3 months increased to RMB 9,169 thousand as of June 30, 2024, from RMB 8,444 thousand as of December 31, 2023[82] - The company's trade payables aged within 3 months decreased to RMB 50,184 thousand as of June 30, 2024, from RMB 128,830 thousand as of December 31, 2023[83] - The company's total collateralized assets amounted to RMB 2,225,021 thousand as of June 30, 2024, compared to RMB 2,144,075 thousand as of December 31, 2023[86] Risk Management and Internal Controls - The company has implemented a risk management and internal control system tailored to the characteristics of its auto finance lease business[37] - The credit risk management system includes pre-lease and post-lease credit risk management, with pre-lease assessments considering both qualitative and quantitative factors[38][39] - The company requires potential finance lease customers to meet initial requirements, including valid Chinese ID, driving license, and age between 18 and 60 years[40] - Post-lease, the company monitors customer payments and vehicle activities using pre-installed GPS tracking devices and its auto monitoring platform[41] IPO and Capital Utilization - The company utilized RMB 17.366 million (HKD 17.449 million) of the IPO proceeds for vehicle purchases, leaving RMB 75,000 (HKD 83,000) unused[55] - Only RMB 747,000 (HKD 689,000) of the RMB

JQJCF 報 本 公 司 自 上 市 後 維 持 董 事 責 任 保 險，為 董 事 履 行 職 責 提 供 適 當 的 保 障。 董事會報告 佔全球發售 全球發售所得款項用途 本公司於2023年11月9日 在 主 板 成 功 上 市。本 公 司 收 取 的 全 球 發 售 所 得 款 項 淨 額（扣 除 本 公 司 有 關 上 市 的 應 付 包 銷 佣 金 及 開 支 後）約 為28.8百 萬 港 元。 下表載列所得款項淨額的擬定用途及截至2023年12月31日 的 實 際 使 用 情 況： | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|----------------------------------|------------|--------------------------------|-------------------------------------|--------------------------|-------------------------------------|---- ...

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 表 明 概 不 就 因 本 公 告 全 部 或 任 喜相逢集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2473） 董事會欣然宣佈本集團截至2023年12月31日 止 年 度 的 經 審 核 綜 合 年 度 業 績，連 同截至2022年12月31日止年度的比較數字。 – 1 – 董事會欣然公佈本集團截至2023年12月31日 止 年 度 的 經 審 核 綜 合 年 度 業 績，連 同截至2022年12月31日止年度的比較數字如下： | --- | --- | --- | --- | |-----------------------------------------------------------------------|---------|---------------------------------------|-------------------------------| | | 附 註 | 截 至 12 月 31 \n2023 年 ...