Financial Performance - Total revenue for the year ended December 31, 2022, was HKD 341,241,000, a decrease of 13% compared to HKD 391,035,000 in 2021[4] - Graphene product revenue decreased by 12% to HKD 214,614,000 from HKD 242,921,000[4] - Adjusted segment EBITDA was HKD 74,463,000, down 3% from HKD 76,557,000 in the previous year[4] - The company reported a pre-tax loss of HKD 71,971,000, an increase of 45% from HKD 49,774,000 in 2021[4] - Total assets decreased by 18% to HKD 894,676,000 from HKD 1,096,905,000[4] - Cash and bank balances increased by 4% to HKD 31,470,000 from HKD 30,240,000[4] - The company reported a net loss attributable to equity holders of approximately HKD 69.7 million for the year ended December 31, 2022, compared to a net loss of approximately HKD 53.5 million for the year ended December 31, 2021[56] - Gross profit decreased to approximately HKD 120.0 million, a decline of about 19.1% from HKD 148.3 million for the year ended December 31, 2021[45] - Gross margin decreased by approximately 2.7 percentage points to about 35.2% from approximately 37.9% for the year ended December 31, 2021[45] - Selling, marketing, and administrative expenses decreased to approximately HKD 160.9 million, down about 18.5% from HKD 197.5 million for the same period last year[46] Business Operations and Strategy - The company plans to expand its production capacity in China to meet increasing battery demand and enhance profitability[15] - Graphex Technologies LLC is expected to become a leading player in the North American market for battery anode materials[15] - The company aims to explore synergies between its new energy initiatives and landscape design business[16] - The company produced slightly over 10,000 tons of spherical graphite in 2022, with all products manufactured and sold in China, and plans to expand production in China and the U.S. in the coming months[31] - The company is exploring the feasibility of establishing additional anode material production facilities in Detroit and Canada[27] - The company anticipates that the energy storage vertical will stimulate the next wave of major growth, further driving the battery industry[26] - The company’s strategy includes selling all of its China-manufactured anode materials in the rapidly growing Asia-Pacific market[26] - The company plans to invest at least RMB 200 million in a graphite deep processing production facility, with an annual output of 30,000 tons of high-purity spherical graphite and 10,000 tons of battery anode materials[63] - The first phase of the project is expected to be completed by Q2 2023, with an annual output of 20,000 tons of high-purity spherical graphite[63] - The company is developing various graphite mining operations worldwide to ensure upstream supply commitments for battery super factories[83] Market and Industry Insights - The landscape design segment faced challenges due to COVID-19 and the downturn in the real estate market, leading to a focus on cost control[16] - The restaurant segment generated approximately HKD 3.8 million in revenue, accounting for about 1.1% of total revenue, primarily impacted by COVID-19-related restaurant closures[35] - According to TD Cowen, the annual battery manufacturing capacity in the USA is expected to reach approximately 920 GW by 2031, sufficient to produce 15 million electric vehicles annually[83] - Each electric vehicle requires 70 kg of graphite, indicating that the 920 GW capacity will necessitate 1 million tons of graphite anode material in the USA[83] - The global graphite production in 2022 was 1.3 million tons, highlighting the significant demand for graphite in the upcoming years[83] Corporate Governance and Compliance - The company emphasizes high standards of corporate governance to ensure shareholder rights and enhance corporate value and accountability[124] - The company has adopted the revised corporate governance code effective from January 1, 2022, which includes new requirements for core shareholder protection standards and board diversity[124] - The company confirms compliance with the standard code for securities trading by all directors for the year ending December 31, 2022[125] - The company has a strong focus on corporate governance with independent non-executive directors[106] - The board currently consists of nine members, including three executive directors, one non-executive director, and five independent non-executive directors, ensuring a diverse and qualified composition[145] - The independent non-executive directors have confirmed their compliance with independence standards as per listing rules[145] - The company has established specific committees, including the audit committee, remuneration committee, and nomination committee, to enhance governance effectiveness[163] - The board is responsible for executing corporate governance functions and reviews the governance policies annually[171] Risk Management and Internal Controls - The company has a robust internal control and risk management system in place[151] - The risk management system includes identifying risks, assessing their likelihood and impact, and managing responses to ensure effective communication with the board[175] - The internal audit function operates independently and assesses the risk management and internal control systems through interviews and operational efficiency tests[185] - The company has sufficient resources and training programs in place to support its risk management and internal control systems[184] Shareholder Engagement and Financial Policies - The company emphasizes effective communication with shareholders and stakeholders, encouraging attendance at the upcoming annual general meeting[194] - The company adopted a dividend policy on January 8, 2019, allowing shareholders to share in profits while retaining sufficient reserves for future development[127] - The board will consider various factors, including actual and expected financial performance, retained earnings, and capital expenditure requirements, when deciding on dividend distributions[130] - There is no preset dividend payout ratio, and past dividend distribution records cannot be used as a reference for future dividends[131] - The board has the discretion to review and amend the dividend policy as necessary[132] Future Outlook and Development - The company has not provided any future outlook or performance guidance in the provided content[1] - The company is committed to research and development to keep pace with significant technological changes in the industry, ensuring competitiveness in the graphite business[177] - The company continues to monitor the overall impact of COVID-19 on its operations and has implemented various proactive measures and contingency plans to maintain business continuity[177]

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佈的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 本公佈僅供說明用途，並不構成收購、購買或認購本公司任何證券的邀請或要約。本公佈僅供 說明用途，並不構成在香港、美國或任何其他地方認購任何證券的任何邀請，本公佈（或其任 何部分）或分發本公佈之事實亦不會構成任何認購證券合約或邀請的基準或有關依據，且僅供 說明用途。分發本公佈可能在若干司法管轄區受到法律限制，而獲得本公佈內容提述資料的人 士應自行了解及遵守任何該等限制。任何未能遵守此等限制之情況可能構成任何有關司法管轄 區的違法行為。本公佈提述的證券尚未根據任何證券法律及規例發行、登記或獲准在香港、美 國或任何其他地方向公眾發售或流通。概無作出任何該等證券將會在香港、美國或任何其他地 方發行或就此登記或獲准向公眾發售或流通之表述。除非已根據一九三三年美國證券法（經修 訂）（「證券法」）項下進行登記或已在證券法項下獲豁免登記，否則證券不得在美國境內發售或 出售。在美國的任何證券公開發售將以招股說明書進行，並可 ...

Revenue Performance - Revenue for the six months ended June 30, 2022, was HKD 163,133,000, a decrease of 10.7% compared to HKD 182,622,000 in 2021[5] - The graphene product business generated revenue of HKD 103,438,000, a decline of 3.6% from HKD 107,297,000 in 2021[5] - The landscape design business saw a revenue drop of 17.4%, from HKD 69,910,000 in 2021 to HKD 57,738,000 in 2022[5] - Revenue from restaurant management services was HKD 1,957,000, showing a slight increase from HKD 1,863,000 in the previous year[41] - The group's landscape design services revenue decreased to approximately HKD 57.7 million for the six months ended June 30, 2022, a decline of about 17.5% compared to HKD 69.9 million for the same period in 2021 due to lockdowns in multiple cities in China[177] - The total revenue for the group decreased to approximately HKD 163.1 million for the first half of 2022, a year-on-year decrease of about 10.7% from HKD 182.6 million in the same period of 2021[183] Financial Performance - Adjusted EBITDA for the same period was HKD 25,659,000, down 19.0% from HKD 31,670,000 in the previous year[5] - The company reported a pre-tax loss of HKD 65,302,000, an improvement of 8.9% compared to a loss of HKD 71,659,000 in the prior year[5] - The company reported a loss of HKD 59,858,000 for the six months ended June 30, 2022, compared to a loss of HKD 67,117,000 for the same period in 2021, representing a 1.9% improvement[15] - Total comprehensive loss for the period amounted to HKD 90,603,000, which is an increase of 54.5% from HKD 58,625,000 in the previous year[15] - The company recorded a net loss of HKD 59,633,000 for the six months ended June 30, 2022, with current liabilities amounting to HKD 64,678,000[35] - The company reported a significant increase in total assets from HKD 1,096,905,000 as of December 31, 2021, to HKD 1,105,712,000 by June 30, 2022[57] Asset and Liability Management - Total assets decreased by 5.5% to HKD 1,036,114,000 from HKD 1,096,905,000[6] - Net assets increased significantly by 72.3% to HKD 329,147,000 from HKD 191,012,000[6] - Cash and bank balances decreased by 9.8% to HKD 27,267,000 from HKD 30,240,000[6] - The company's debt reduced by 31.5% to HKD 321,950,000 from HKD 469,759,000[6] - The company's current liabilities decreased to HKD 365,864,000 from HKD 373,865,000, showing a reduction of 2.1%[18] - The company's total non-current liabilities decreased significantly from HKD 532,028,000 to HKD 341,103,000, a reduction of 35.9%[20] Cash Flow and Investment Activities - Operating cash flow for the period was HKD 820,000, a significant recovery from a cash outflow of HKD 11,512,000 in the previous year[28] - The company recorded a net cash outflow from investing activities of HKD 3,953,000, compared to a net inflow of HKD 5,659,000 in the prior year, indicating a shift in investment strategy[30] - The company experienced a decrease in inventory by HKD 32,735,000, contrasting with an increase of HKD 23,411,000 in the same period last year, suggesting improved inventory management[28] Strategic Initiatives and Future Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters, aiming for a more robust recovery[29] - The company has plans for market expansion and new product development, focusing on enhancing its graphene product offerings[52] - The company is actively exploring strategic acquisitions to bolster its market position and enhance operational capabilities[52] - The company is constructing a new production facility in the Jixi Mingshan Graphite Industrial Park in Heilongjiang Province, China, aiming to increase production capacity to 40,000 tons[175] Shareholder and Capital Management - The company did not recommend any interim dividend for the six months ended June 30, 2022, consistent with the previous year[89] - The company is actively considering raising new capital through the issuance of new equity and/or bonds to improve liquidity[35] - The company issued convertible bonds amounting to HKD 6,587,000 during the period, compared to HKD 46,500,000 in the previous year, indicating a reduction in financing through this method[30] - The company plans to issue convertible bonds and warrants in tranches, with a maximum total amount of 15,000,000 USD (equivalent to 116,250,000 HKD) under an agreement with Lexinter International Inc.[115] Operational Challenges - The company recognized impairment losses of HKD 16,454,000 related to financial and contract assets within the landscape design services segment[62] - The group recorded an increase in impairment losses on financial and contract assets to approximately HKD 16.5 million, up about 57.1% from HKD 10.5 million in the previous year, reflecting adverse market conditions[190] - The company is assessing the impact of COVID-19 on its financial performance and is responding to changing market conditions[37]

Financial Performance - Revenue for the year ended December 31, 2021, was HKD 391,035,000, a slight increase of 0.6% compared to HKD 388,852,000 in 2020[6] - Adjusted EBITDA for the year was HKD 76,557,000, down 10.0% from HKD 85,021,000 in 2020[6] - The company reported a pre-tax loss of HKD 49,774,000, an improvement of 51.6% compared to a loss of HKD 102,897,000 in the prior year[6] - The gross profit margin fell to approximately 37.9%, a decrease of about 2.5 percentage points from 40.4% for the year ended December 31, 2020[61] - Net loss attributable to equity holders of the parent was approximately HKD 53.5 million, compared to a net loss of approximately HKD 91.7 million for the year ended December 31, 2020[68] - The group's restaurant revenue decreased to approximately HKD 18.0 million, accounting for about 5% of total revenue, primarily due to restaurant closures caused by the COVID-19 pandemic[36] Revenue Contributions - Graphene product revenue increased by 12.7% to HKD 242,921,000 from HKD 215,462,000 in the previous year[6] - The graphene business contributed revenue of HKD 242.9 million, accounting for 62% of the total revenue, with an adjusted EBITDA of HKD 53.9 million, representing 70.4% of the group's adjusted EBITDA[30] - The landscape design segment contributed approximately HKD 130.1 million in revenue, representing 33% of total revenue, with an adjusted EBITDA of HKD 6.7 million, accounting for 9% of the group's adjusted EBITDA[34] Strategic Expansion Plans - The company plans to expand battery anode material production capacity significantly in Jixi, Heilongjiang[15] - A joint venture is planned with an experienced U.S. developer to establish a coated spherical graphite production facility in Warren, Michigan[15] - The company plans to expand spherical graphite production in Jixi, Heilongjiang, and establish a coated spherical graphite production facility in Michigan, USA, through a joint venture with Emerald Energy Solutions LLC[26] - The company announced a partnership with Desatec GmbH to supply graphene to the European market, aiming to become a key player in the global electric vehicle supply chain[26] Market Demand and Trends - The demand for spherical graphite is projected to increase significantly, with expectations of rapid growth in electric vehicle production and sales[30] - The electric vehicle industry is experiencing unprecedented growth, with a significant increase in demand for battery materials driven by the global transition to electric mobility[100] - The company anticipates a substantial increase in electric vehicle production over the next decade, which will drive demand for graphite and other key materials[102] - The demand for spherical graphite is projected to reach approximately 400,000 tons in 2022, increasing threefold to 1.25 million tons by 2026[106] COVID-19 Impact - The landscape architecture and design business is adapting to challenges posed by COVID-19 by enhancing cost efficiency and incorporating renewable energy elements[16] - The group anticipates that the COVID-19 pandemic will continue to negatively impact the restaurant business in 2022, with no significant contribution expected to the group's performance and financial position[36] - The group expects ongoing challenges in the restaurant sector due to the pandemic, impacting future revenue growth and operational strategies[36] Corporate Governance and Management - The company has implemented a board diversity policy to enhance performance quality, considering factors such as gender, age, and professional experience[164] - The board currently consists of ten members, including four executive directors, one non-executive director, and five independent non-executive directors[186] - The company has established a governance policy that has been reviewed and discussed by the board, affirming its effectiveness[190] - The board has authorized management to oversee the daily management and execution of the strategies approved by the board[189] Employee and Shareholder Engagement - The group employed approximately 489 employees as of December 31, 2021, with a stock option plan granting 25,500,000 options during the year[79] - The company aims to achieve long-term returns for shareholders through a sustainable business model focused on recurring profit growth and maintaining strong financial health[156] - The company has adopted a dividend policy since January 8, 2019, allowing shareholders to share in profits while retaining sufficient reserves for future development[157] Financial Instruments and Capital Structure - The company has issued convertible bonds totaling $15,000,000, with an interest rate of 5.5% and a conversion price initially set at HK$0.65 per share[89] - The company issued a total of $6,910,000 in new convertible bonds on January 10, 2022, with a conversion price of HKD 0.65 per share, allowing the conversion into 82,338,461 new shares[97] - The company has engaged in fundraising activities in Hong Kong and the United States to support the development of its graphene product business[88]

U GRAPHEX Graphex Group Limited 烯石電動汽車新材料控股有限公司 (前稱泛亞環境國際控股有限公司) ( 於開曼群島註冊成立的有限公司 ) 股份代號：6128 2021中期報告 目錄 2 財務摘要 3 公司資料 4 未經審核中期簡明綜合損益表 5 未經審核中期簡明綜合全面收益表 6 未經審核中期簡明綜合財務狀況表 未經審核中期簡明綜合權益變動表 8 未經審核中期簡明綜合現金流量表 10 未經審核中期簡明綜合財務報表附註 12 管理層討論與分析 39 其他資料 50 財務摘要 * 非國際財務報告準則計量 財務摘要 | --- | --- | --- | --- | |--------------------------------------|-----------------------|------------------------------------------------|--------| | 業績 | 二零二一年 \n千港元 | 截至六月三十日止六個月 \n二零二零年 \n千港元 | 變動 | | 收入 | 182,622 | 155,173 | +17.7% | ...

U GRAPHEX Graphex Group Limited 烯石電動汽車新材料控股有限公司 (前稱泛亞環境國際控股有限公司) ( 於開曼群島註冊成立的有限公司 ) 股份代號：6128 2020年度報告 目錄 財務摘要 2 3 公司資料 主席報告 管理層討論與分析 10 董事及高級管理層履歷 24 企業管治報告 32 47 董事會報告 環境、社會及管治報告 60 獨立核數師報告 87 綜合損益表 93 綜合全面收益表 94 95 綜合財務狀況表 97 綜合權益變動表 綜合現金流量表 99 財務報表附註 102 五年財務概要 220 6 28 財務摘要 財務摘要 | --- | --- | --- | --- | |--------------------------------------|------------|---------------------------------------|---------| | 業績 | 二零二零年 | 截至十二月三十一日止年度 \n二零一九年 | 變動 | | | 千港元 | 千港元 | | | 收入 | 388,852 | 313,941 | +23.9% | ...

eadg泛亞國際 Earthasia International Holdings Limited 泛亞環境國際控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 股份代號：6128 2020中期報告 目錄 財務摘要 2 3 公司資料 未經審核中期簡明綜合損益表 4 未經審核中期簡明綜合全面收益表 5 未經審核中期簡明綜合財務狀況表 6 未經審核中期簡明綜合權益變動表 8 未經審核中期簡明綜合現金流量表 10 未經審核中期簡明綜合財務報表附註 12 管理層討論與分析 32 其他資料 40 財務摘要 財務摘要 | --- | --- | --- | --- | |--------------------------------------|-----------------------|------------------------------------------------|---------| | 業績 | 二零二零年 \n千港元 | 截至六月三十日止六個月 \n二零一九年 \n千港元 | 變動 | | 收入 | 155,173 | 92,013 | +68.6% | | 石墨烯業務 | 84,507 ...

eadg泛亞國際 Earthasia International Holdings Limited 泛亞環境國際控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 股份代號：6128 2019年度報告 目 錄 2 財務摘要 3 公司資料 主席報告 6 10 管理層討論與分析 23 董事及高级管理層履歷 30 企業管治報告 45 董事會報告 環境·社會及管治報告 60 獨立核數師報告 84 90 綜合損益表 91 綜合全面收益表 92 綜合財務狀況表 94 綜合權益變動表 96 綜合現金流量表 財務報表附註 99 216 五年財務概要 65 財務摘要 財務摘要 | --- | --- | --- | --- | |--------------------------------------|-----------------|---------------------------------------|----------| | 業績 | 二零一九年 | 截至十二月三十一日止年度 \n二零一八年 | 變動 | | | 千港元 | 千港元 | | | 收入 | 313,941 | 197,311 | +59.1 ...

eadg泛亞國際 Earthasia International Holdings Limited 泛亞環境國際控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 股份代號：6128 中 期 報 告 2019 目錄 財務摘要 2 公司資料 3 未經審核簡明中期綜合損益表 4 未經審核簡明中期綜合全面收益表 5 未經審核簡明中期綜合財務狀況表 6 未經審核簡明中期綜合權益變動表 8 未經審核簡明中期綜合現金流量表 10 未經審核中期簡明綜合財務報表附註 12 管理層討論與分析 35 其他資料 43 財務摘要 財務摘要 | --- | --- | --- | --- | --- | |-------------------------------|--------|------------|-------------------------------------|---------| | 業績 | | 二零一九年 | 截至六月三十日止六個月 \n二零一八年 | 變動 | | 收入 | 千港元 | 92,013 | 99,336 | -7.4% | | 景觀設計 | 千港元 | 76,225 | 82,052 | ...

eadg泛亞國際 Earthasia International Holdings Limited 泛亞環境國際控股有限公司 （ 於開曼群島註冊成立的有限公司 ） 股份代號：6128 2018 年度報告 MASTER PLANNING 總體現 E UBB IGN 城市設計 | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 目錄 | | | | | | | | | | | | | | | 2 | 財務摘要 | | | | | | | | 公司資料 | | | | | | | 3 | | | | | | | | 6 | 主席報告 | | | | | | | 10 | 管理層討論與分析 | | | | | | | 26 | 董事及高級管理層履歷 | | | | ...