Te 魏 橋 紡 織 股 份 有 限 公 司 Weiqiao Textile Company Limited (股份代號 : 2698) . 中 期 報 量 FSC 混合產品 F8C® C008081 目錄 1. 摘要 2 2. 公司資料 3 3. 董事長報告 5 4. 管理層討論及分析 7 5. 補充資料 17 6. 簡明綜合財務報表審閱報告 23 7. 簡明綜合損益及其他全面收益表 25 8. 簡明綜合財務狀況表 26 9. 簡明綜合權益變動表 28 10. 簡明綜合現金流量表 29 11. 中期簡明綜合財務報表附註 30 魏橋紡織股份有限公司 2 二零二三年中期報告 摘要 截至二零二三年六月三十日止六個月中期業績 | --- | --- | |-------|---------------------------------------------------------------------------------------------------| | | | | • | 收入約人民幣 7,951,000,000 元，較去年同期減少約 4.1% 。 | | • | 毛利約人民幣 22,000,0 ...

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。 魏橋紡織股份有限公司 Weiqiao Textile Company Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：2698） 截至二零二三年六月三十日止六個月中期業績公告 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------| | | | | • | 收入約人民幣 7,951,000,000 元，較去年同期減少約 4.1% 。 | | • | 毛利約人民幣 22,000,000 元，去年同期毛損約人民幣 419,000,000 元。 | | • | 本公司擁有人應佔淨虧損約人民幣 504,000,000 元，去年同期本公司擁有人應佔淨 虧損約人民幣 650,000,000 ...

Financial Performance - The company's revenue for the year ended December 31, 2022, was approximately RMB 16,574 million, representing a year-on-year increase of about 1.9%[7]. - The net loss attributable to the company's owners was approximately RMB 1,558 million, with a loss per share of RMB 1.30[7]. - The gross profit margin decreased to -6.1% in 2022, compared to 8.0% in 2021[3]. - The group reported a net loss attributable to shareholders of approximately RMB 1,558 million for the year, compared to a net profit of RMB 614 million in the previous year[14]. - The net profit for the year was a loss of RMB 1,557,643, a significant decline from a profit of RMB 614,187 in 2021[55]. - The gross loss for 2022 was RMB (1,016,202,000), compared to a gross profit of RMB 1,301,901,000 in 2021, indicating a significant decline[165]. - The company reported a pre-tax loss of RMB (1,469,710,000) for 2022, compared to a profit of RMB 641,897,000 in 2021, indicating a substantial decline[165]. - The company incurred a loss of RMB 1,557,643 thousand for the year, compared to a profit of RMB 614,187 thousand in the previous year, marking a substantial decline in overall performance[168]. Assets and Liabilities - Total assets as of December 31, 2022, amounted to RMB 25,504 million, while total liabilities increased to RMB 8,187 million[4]. - The total assets as of December 31, 2022, amounted to RMB 25,504,185, compared to RMB 25,218,482 in 2021[56]. - The total liabilities increased to RMB 8,187,266 as of December 31, 2022, from RMB 6,123,914 in 2021[56]. - The company's cash and cash equivalents stood at RMB 11,402,013,000, a slight decrease from RMB 11,565,829,000 in the previous year[166]. - Total equity attributable to owners decreased from RMB 19,084,667 thousand in 2021 to RMB 17,312,034 thousand in 2022, a decline of approximately 9.3%[168]. - The company's total liabilities amounted to approximately RMB 4,811,000,000, an increase from RMB 2,762,000,000 as of December 31, 2021[28]. - The group's debt-to-asset ratio was approximately 32.1% as of December 31, 2022, compared to 24.3% a year earlier[28]. Operational Efficiency - The inventory turnover period improved to 63 days in 2022, down from 65 days in 2021[4]. - The average accounts receivable turnover days improved to 9 days, down from 10 days in the previous year[27]. - The production volume of cotton yarn was approximately 389,000 tons, a decrease of about 5.4% year-on-year[17]. - The production volume of denim fabric increased by approximately 35.9% year-on-year, reaching about 53,000,000 meters[17]. - The group plans to enhance digital and intelligent transformation in 2023 to improve labor efficiency and production efficiency[9]. Market and Strategic Initiatives - The company aims to stabilize its domestic and international market share amidst challenging market conditions[7]. - The company plans to enhance automation, intelligence, and green production levels while continuing technological innovation to strengthen competitiveness[39]. - The company will focus on both domestic and international sales, adjusting operational and sales strategies as needed in response to market dynamics[39]. - The company is investing in technological innovation and smart upgrades, collaborating with universities for research on smart textiles[7]. - The company aims to optimize and upgrade its product structure based on market demand, leveraging its integrated advantages in production, learning, and research[39]. Research and Development - The group aims to increase R&D investment in functional fabrics and optimize product structure[9]. - The company achieved significant results in a project with Donghua University, developing high-performance flame-retardant fabrics and antibacterial textiles[7]. - The company is investing in new technology development, allocating 50 million for R&D initiatives[50]. Corporate Governance - The company has maintained compliance with the relevant regulations regarding related party transactions, as detailed in various announcements[79]. - The company has established a robust internal control mechanism to ensure compliance with laws and regulations, with no violations reported[105]. - The board of directors is responsible for major decision-making, including approving policies, overall strategy, and significant transactions[115]. - The company has established a comprehensive risk management and internal control system, clearly defining responsibilities and authority across business units and departments[149]. - The company emphasizes the importance of good corporate governance in creating shareholder value and has implemented a set of written terms of reference for governance functions[109]. Shareholder Communication - The company maintains communication with shareholders through annual general meetings and encourages participation, ensuring shareholder rights are upheld[151]. - The shareholder communication policy aims to provide timely and accurate information regarding the company's financial performance and strategic objectives[152]. - The company utilizes various communication channels, including annual reports, shareholder meetings, and its website, to engage with shareholders and investors[153]. Environmental and Social Responsibility - The company has installed wastewater treatment and recycling equipment to mitigate environmental impact from its production processes[34]. - The management team emphasized a focus on sustainability initiatives, with plans to reduce carbon emissions by 25% by 2025[50]. - The company made charitable donations totaling RMB 13,000,000 for the year ended December 31, 2022[60]. Related Party Transactions - The total value of related party transactions for the year ended December 31, 2022, includes RMB 433,987,000 for cotton yarn, cotton fabric, and denim supplied to the parent company[95]. - The group supplied cotton yarn, grey fabric, and denim to the parent company, with a total amount of approximately RMB 434 million for the year, lower than the annual cap of approximately RMB 720 million in 2022[78]. - The company has established clear pricing policies and guidelines for related party transactions, ensuring compliance with listing rules[77]. Financial Reporting and Audit - The company has adhered to the Hong Kong Financial Reporting Standards and the disclosure requirements of the Hong Kong Companies Ordinance in preparing its financial statements[156]. - The audit report does not cover other information included in the annual report, which is the responsibility of the company's directors[160]. - The audit committee is responsible for overseeing the financial reporting process of the company[161]. - The company’s financial statements reflect a true and fair view of its consolidated financial position as of December 31, 2022[156].

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。 魏橋紡織股份有限公司 Weiqiao Textile Company Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：2698） 截至二零二二年十二月三十一日止年度的全年業績公告 | --- | --- | |--------------------------------------------------------------------------|----------------------------------| | | | | 收入較去年 同期 增 加 約 1.9% ，至約人民幣 16,574,000,000 元。 | | | 毛損約人民幣 1,016,000,000 元，去年同期毛利約人民幣 1,302,000,000 元。 | | | 本公司擁有人應佔淨虧損約人民幣 1,558,000,000 潤約人民幣 614,000,000 元。 | 元，去年同期本公司 ...