Environmental Approvals and Project Development - The Mt Bundy gold mine project received all necessary environmental approvals for mining development in the first half of 2023[1]. Production and Sales Performance - High-purity iron production reached 420,000 tons, a year-on-year increase of 47.37%, while sales volume was 448,000 tons, up 78.49%[9]. - In the first half of 2023, the company produced 420,000 tons of high-purity iron, an increase of 47.37% year-on-year, and sold 448,000 tons, up 78.49% year-on-year, with wind power ductile iron sales accounting for approximately 86% of total sales[27]. - The iron ore production for the first half of 2023 was 398,000 tons, a year-on-year decrease of 11.36%, with sales volume at 389,000 tons, down 14.88% compared to the previous year[61]. Financial Performance - Revenue for the first half of 2023 was RMB 1,494,059 thousand, a 10.05% increase from RMB 1,357,641 thousand in 2022[25]. - The company's revenue for the first half of 2023 was RMB 1,494,059 thousand, an increase of RMB 136,418 thousand or 10.05% year-on-year, primarily due to a sales volume increase of 197,000 tons of high-purity iron[41]. - Gross profit for high-purity iron business was RMB 4,325 thousand, a significant increase of 117.90%, with a gross margin of 0.30%, up 2.55 percentage points[7]. - The gross profit for the first half of 2023 was RMB 222,086 thousand, a decrease of RMB 47,450 thousand or 17.60% year-on-year, with the gross margin dropping from 19.85% to 14.86%[42]. - The company's net profit for the first half of 2023 was RMB 33,349 thousand, a decrease of RMB 10,401 thousand or 23.77% year-on-year[48]. - The group reported a net profit of RMB 33,349,000 for the six months ended June 30, 2023, compared to RMB 43,750,000 for the same period in 2022[133]. - The company reported a net profit attributable to shareholders of RMB 33,654,000 for the six months ended June 30, 2023, compared to RMB 47,830,000 in the same period last year[153]. Cost and Expenses - Average selling price of high-purity iron decreased to RMB 3,199 per ton, down 18.16%, while average selling cost was RMB 3,190 per ton, down 21.12%[7]. - The average cash operating cost for iron concentrate was controlled at RMB 386 per ton, a slight increase of RMB 15 or 4.04% year-on-year[13]. - The distribution and selling expenses for the first half of 2023 were RMB 45,886 thousand, an increase of RMB 10,210 thousand or 28.62% year-on-year, mainly due to increased sales of high-purity iron[46]. - The administrative expenses for the first half of 2023 were RMB 104,754 thousand, an increase of RMB 11,804 thousand or 12.70% year-on-year[77]. - The financing costs for the first half of 2023 were RMB 35,141 thousand, a decrease of RMB 5,736 thousand or 14.03% compared to the previous year[78]. - The total sales cost for the first half of 2023 was RMB 1,271,973 thousand, an increase of RMB 183,868 thousand or 16.90% compared to the same period last year[72]. Cash Flow and Liquidity - The net cash inflow from operating activities for the first half of 2023 was RMB 145,992 thousand, primarily attributed to a pre-tax profit of RMB 41,348 thousand and depreciation and amortization of RMB 81,545 thousand[55]. - As of June 30, 2023, the cash and cash equivalents increased by RMB 47,985 thousand, totaling RMB 184,090 thousand[84]. - The available cash and bank acceptances as of June 30, 2023, were RMB 283,973 thousand, an increase of RMB 133,015 thousand or 88.11% compared to the end of the previous year[86]. - The cash flow from investment activities showed a net outflow of RMB 444,758 thousand, primarily due to payments for capacity expansion and acquisitions[111]. - The cash and bank deposits increased by 36.96% to RMB 184,090 thousand from RMB 134,411 thousand at the end of 2022[113]. Assets and Liabilities - The company’s intangible assets increased by RMB 17,475 thousand or 4.20% to RMB 433,244 thousand, primarily due to exploration expenditures for iron and gold mines[51]. - The company’s property, plant, and equipment net value decreased by RMB 45,001 thousand or 5.47% to RMB 777,383 thousand as of June 30, 2023[50]. - As of June 30, 2023, the total liabilities to total assets ratio increased to 64.60% from 61.90% at the end of 2022[89]. - The total amount of borrowings and notes payable increased by 33.08% to RMB 1,821,054 thousand compared to RMB 1,368,400 thousand at the end of 2022[88]. - The net amount of borrowings and notes payable rose by 20.25% to RMB 775,622 thousand from RMB 644,983 thousand at the end of 2022[88]. - The group’s total equity as of June 30, 2023, was RMB 1,551,074,000, compared to RMB 1,406,369,000 at the end of 2022[156]. - The total reportable segment liabilities reached RMB 2,382,584, up from RMB 2,054,162, reflecting a 15.9% increase[173]. Investments and Future Plans - The company plans to continue exploration in the Shangma and Maogong mining areas, with significant potential for resource discovery based on previous exploration results[36]. - The company has no significant plans for major investments or acquisitions, focusing instead on exploring investment opportunities to enhance future financial performance and profitability[70]. - The group has no significant investments as of June 30, 2023[121]. - There were no major acquisitions or disposals of subsidiaries, associates, or joint ventures during the first half of 2023[122]. Dividends and Shareholder Returns - The board proposed an interim dividend of HKD 0.02 per share for the six months ended June 30, 2023[129]. - The company declared an interim dividend of HKD 0.02 per share, totaling approximately RMB 36,142,000, compared to RMB 35,550,000 in the previous year[187]. Operational Efficiency and Technology - The company is leveraging technology to enhance production control and operational efficiency through smart mining initiatives[24]. - The company is focusing on R&D for high-grade iron ore and other deep-processing products to expand application areas and enhance product value[17]. Market Conditions and Pricing - The gold price increased by 5.3% in the first half of 2023, influenced by various global economic factors[19]. - The average price of iron ore in the first half of 2023 was RMB 386 per ton, a 4.04% increase compared to RMB 371 per ton in the same period of 2022[32]. Employee and Operational Costs - The total employee costs for the six months ended June 30, 2023, were RMB 100,206, an increase of 8.5% from RMB 92,636 in the same period last year[182]. Compliance and Reporting Standards - The company has applied new and revised International Financial Reporting Standards starting January 1, 2023, with no significant impact on the financial statements[163].

中國罕王控股有限公司 二零二二年年報 1. 楊繼野先生分別持有Bisney Success Limited及Tuochuan Capital Limited的100%權益。因此，楊繼野先生被視為擁 有由Bisney Success Limited所持有的694,360,500股股份及Tuochuan Capital Limited所持有的619,701,166股好倉 股份及4,000,000股淡倉股份的權益。 附註： 除上文所述者外，於二零二二年十二月三十一日，概無董事及本公司最高行政人員在本公司或其任何相聯 法團（定義見《證券及期貨條例》第XV部）的股份 、相關股份或債券中擁有任何根據《證券及期貨條例》第XV部 第7和第8分部須知會本公司及香港聯交所的權益或淡倉（包括根據《證券及期貨條例》的該等條文被當作或視 為擁有的權益或淡倉），或根據《證券及期貨條例》第352條須登記於該條所指登記冊的權益或淡倉，或根據 標準守則須知會本公司及香港聯交所的權益或淡倉。 除本年報「管理層討論與分析」中「4、股份期權計劃」一段所披露的罕王澳洲股份期權的權益之外 ，於截至 二零二二年十二月三十一日止年度內，本公司、其控股公司或 ...

- 2 - 運營回顧 一、公司業務概要 本集團堅持「以人為本，誠信天下」的核心價值觀，秉承「安全、和諧、綠色」的宗 旨，致力履行企業的社會責任。 • 中國境內鐵礦+高純鐵業務 得益於自有優質鐵礦石資源優勢及獨有技術工藝，罕王生產的鐵精礦平均品位 達69%以上，並且硫、磷、鈦雜質含量低。疊加多年累積的技術優勢，使得 罕王冶煉的高純鐵產品抗腐蝕能力強，抗拉強度高，非常適配風電、海洋工程 等重大裝備的鑄件要求。因此，本公司中國境內鐵礦及高純鐵業務為清潔能源 風電部件鑄造企業提供優質原材料。本報告期末，罕王高純鐵年產能93萬噸， 為中國市場風電球墨鑄鐵第一大供貨商。 • 澳洲金礦業務 本公司從二零一零年開始在澳大利亞組建團隊，二零一一年成立本公司澳洲子 公司，總部設在西澳大利亞首府珀斯。過去十餘年，通過完成SXO金礦項目的 收購－資源勘探－重啟生產和經營－資本化的完整閉環，罕王澳洲培養了一支 具有突出業績的黃金礦山開發和運營團隊，並將經驗運用到現有PGO金礦項目 中，致力於為股東創造更大價值。 - 3 - 二、高純鐵業務 1、 行業情況 根據國家能源局統計數據，截至二零二二年十二月底，全國風電累計裝機容量 約3.7億 ...

(Incorporated in the Cayman Islands with limited liability) INTERIM REPORT 2022 二零二二年中期報告 INTERIM REPORT 2022 Stock Code: 03788 （於開曼群島註冊成立的有限公司） 股份代號 : 03788 中期報告 2022 核心價值觀 以人為本，誠信天下 宗旨 安全、和諧、綠色 目 錄 公司資料 2 財務摘要 5 管理層討論與分析 6 其他資料 20 簡明綜合財務報表之審閱報告 28 簡明綜合損益及其他全面收益表 29 簡明綜合財務狀況表 30 簡明綜合權益變動表 32 簡明綜合現金流量表 34 簡明綜合財務報表附註 35 詞彙釋義 63 二零二二年中期報告 中國罕王控股有限公司 2 公司資料 中國罕王控股有限公司於二零一零年八月二日在開曼群島註冊成立，於二零一一年九月三十日在香港聯交所掛牌上 市，股份代碼03788。 本集團堅持「以人為本 ，誠信天下」的核心價值觀 ，秉承「安全 、和諧 、綠色」的宗旨 ，致力履行企業的社會責任 。 • 中國境內鐵礦+高純鐵業務 得益於自有優質鐵礦石資源優勢及獨有技 ...

| --- | --- | --- | --- | --- | --- | --- | |-------|--------------------------------------------------------------------------------------|-----------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | 中國罕王控股有限公司 CHINA HANKING HOLDINGS LIMITED | | | | | | | (於開曼群島註冊成立的有限公司) 至 王 （於開曼群島註冊）HANKING 股份代號：03788 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | =ft man bill t in w W ge k T 2 董事會主席致辭 7 財務摘要 8 公司業務概要 10 管理層討論與分析 33 董事會報告 48 企業管 ...

the state 中國罕王控股有限公司 CHINA HANKING HOLDINGS LIMITED （於開曼群島註冊成立的有限公司） 字 十 （於開發群島註冊成 H ANK IN B 股份代號 03768 110 H DP # 88 the state 使命 崛起的礦業領導者 價值 總是超乎尋常 int 目 錄 公司資料 財務摘要 管理層討論與分析 t 其他資權， 簡明綜合財務該表之審問報告 糖明綜合損益及其他全面收益表 糖明综合财務狀況表示， 簡明綜合權益愛動表 簡明綜合現金流量表 簡明綜合財務報表附註 詞彙存意 2 24 5 22 | 30 - 31 7 32 (34 36 37 69 二零二一年中期報告 中國罕王控股有限公司 2 公司資料 中國罕王控股有限公司於二零一零年八月二日在開曼群島註冊成立，於二零一一年九月三十日在香港聯交所掛牌上 市，股份代碼03788。 中國罕王控股有限公司是一家快速成長的國際化礦業及金屬集團公司，主要在中國和澳大利亞從事鐵礦、金礦及貴 金屬礦產資源勘探與開發，並依託於自有優質的鐵礦資源，生產風電用球墨鑄鐵。 本集團擁有鐵礦 、高純鐵和金礦三大業務板塊 ，堅持「以人為本 ...

中國罕王控股有限公司 CHINA HANKING HOLDINGS LIMITED (於開曼群島註冊成立的有限公司) 股份代號：03788 ING 度報告20 使命 價值 總是超乎尋常 目錄 2 _董事會主席致廣 7 財務摘要 8 公司業務概要 10 管理層討論與分析 33 董事會報告 48 企集管治報告 63 董事及高級管理人員簡介 67 公司資料 三 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------------------------------|-------------------|--------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | 69 | | | 獨立核數師報告 -- | | | | | | | | | | | | | | | | | | | | | | | -74 | | ...

(Incorporated in the Cayman Islands with limited liability) Stock Code: 03788 INTERIM REPORT | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------|-------|-------|-------|-------|---------------|-------| | | | | | | | | | | | | | | | | | | | | （於開曼群島註冊成立的有限公司） 股份代號 : 03788 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2020 中期報告 | | 2020 便命 for 崛起的礦業領導者 a was 價值 總是超乎尋常 ͦ | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----- ...

（於開曼群島註冊成立的有限公司） 股份代號 : 03788 年度報告 2019 崛起的礦業領導者 使命 價值 總是超乎尋常 目錄 公司資料 財務摘要 5 董事會主席致辭 6 10 管理層討論與分析 37 董事會報告 55 企業管治報告 董事及高級管理人員簡介 69 獨立核數師報告 74 綜合損益及其他全面收益表 79 綜合財務狀況表 81 綜合權益變動表 綜合現金流量表 綜合財務報表附註 詞彙釋義 2 83 86 2 88 205 公司資料 中國罕王控股有限公司於二零一零年八月二日在開曼群島註冊成立，及於二零一一年九月三十日在香港聯交所掛牌上 市，股份代碼03788。 罕王是一家快速成長的國際化礦業及金屬集團公司，專注於礦產資源及金屬的開發利用。 本集團堅持「以人為本，誠信天下」的核心價值觀，秉承「安全礦山、和諧礦山、綠色礦山」的宗旨，積極履行企業的 社會責任。 Primary Gold Limited （設立於澳大利亞） HGM Resources Pty Ltd （設立於澳大利亞） China Hanking (BVI) International Limited （設立於英屬維爾京群島） 撫順罕王直接還 ...

115 ( 於開曼群島註冊成立的有限公司) HANKING 股份代號:03788 中國罕王控股有限公司 CHINA HANKING HOLDINGS LIMITED ▷▷ >>>> * * 十十十十十 十十十 r minuter Uni 11 ung 100 trip into the 2014 ng _ 和 目 錄 公司資料 2 財務摘要 4 管理層討論與分析 5 其他資料 21 簡明綜合財務報表之審閱報告 30 簡明綜合損益及其他全面收益表 32 簡明綜合財務狀況表 34 簡明綜合權益變動表 36 簡明綜合現金流量表 38 簡明綜合財務報表附註 40 詞彙釋義 91 二零一九年中期報告 中國罕王控股有限公司 公司資料 中國罕王控股有限公司於二零一零年八月二日在開曼群島註冊成立，於二零一一年九月三十日在香港聯交所掛牌上 市，股份代碼03788。 罕王是一家快速成長的國際化礦業及金屬集團公司，專注於礦產資源的發現、開採、處理以及產品銷售業務。罕王 主營貴金屬並輔以戰略性金屬，在全球最具吸引力的地理區域投資並開發壽命週期長、運營成本低且規模可拓展的 礦山運營項目。 本集團堅持「以人為本 ，誠信天下」的核心價值觀 ...