中木国际2024年中期报告

(IncorporatedintheCaymanIslandswithlimitedliability)(于开曼群岛注册成立之有限公司) (StockCode股份代号:1822) InterimReport 中期报告2024 公司资料 DIRECTORS ExecutiveDirector Mr.LyuNingJiang(ChairmanandChiefExecutiveOfficer) Non-executiveDirector Mr.HuYongGang IndependentNon-executiveDirectors Mr.ZhaoXianmingMr.ChanLikShanMr.SoYinWai COMPANYSECRETARY Mr.LeePakChung AUTHORISEDREPRESENTATIVES Mr.LyuNingJiangMr.LeePakChung AUDITCOMMITTEE Mr.ZhaoXianming(Chairman) Mr.ChanLikShanMr.SoYinWai NOMINATIONCOMMITTEE Mr.LyuNingJiang(Chairman) Mr.ZhaoXianmingMr.ChanLikShanMr.SoYinWai REMUNERATIONCOMMITTEE Mr.ZhaoXianming(Chairman) Mr.ChanLikShanMr.SoYinWai HONGKONGSHAREREGISTRAR TricorInvestorServicesLimited17/F.,FarEastFinanceCentre16HarcourtRoad HongKong WEBSITE www.chinawoodint.com.hk 董事 执行董事 吕宁江先生（主席兼首席执行官） 非胡执永行刚董先事生 独赵立宪非明执先行生董事 陈苏力彦山威先生 吕宁江先生 公李柏司聪秘先书生授权代表 李柏聪先生 审赵宪核明委先员生（会主席） 陈苏力彦山威先生 陈力山先生 赵宪明先生 提吕宁名江委先员生（会主席） 苏彦威先生 薪赵宪酬明委先员生（会主席） 陈苏力彦山威先生 夏悫道16号 香港 香卓佳港证股券份登记登有记限处公司 远东金融中心17楼 网址 www.chinawoodint.com.hk INTERIMREPORT2024二零二四年中期报告01 公司资料 STOCKCODE 01822 LEGALADVISOR (HongKongLaw)MichaelLi&Co 19/F.,ProsperityTower No.39Queen’sRoadCentralHongKong PRINCIPALBANKER BankofCommunicationsCo.,Ltd.HongKongBranchNanyangCommercialBank,Limited AUDITOR McMillanWoods(HongKong)CPALimitedCertifiedPublicAccountants 24/F.,SiuOnCentre 188LockhartRoad,WanchaiHongKong REGISTEREDOFFICE CricketSquare,HutchinsDrive P.O.Box2681 GrandCaymanKY1-1111CaymanIslands HEADOFFICEANDPRINCIPALPLACEOFBUSINESSINHONGKONG 11thFloor,Tower2AdmiraltyCentre 18HarcourtRoad,AdmiraltyHongKong PRINCIPALSHAREREGISTRARANDTRANSFEROFFICE Suntera(Cayman)Limited3rdfloor,RoyalBankHouse 24SheddenRoad,GeorgeTownGrandCaymanKY1-1110CaymanIslands 股份代号 01822 （法香律港法顾例问） 19楼 李香智港聪律师事务所皇丰后盛大创道建中大厦39号 南洋商业银行有限公司 主交通要银往行来股份银有行限公司，香港分行 核长青数（香师港）会计师事务所有限公司 执香业港会计师 24楼 湾兆仔安骆中克心道188号 注册办事处 CricketSquare,HutchinsDrive P.O.Box2681 GrandCaymanKY1-1111CaymanIslands 总办事处及香港主要营业地点 第座楼 海富中心 香金港钟夏悫道18号 211 主要股份过户登记处 Suntera(Cayman)Limited3rdfloor,RoyalBankHouse 24SheddenRoad,GeorgeTownGrandCaymanKY1-1110CaymanIslands 02CHINAWOODINTERNATIONALHOLDINGCO.,LIMITED中木国际控股有限公司 管理层讨论及分析 BUSINESSREVIEW Toallshareholders, Duringthefirsthalfof2024,thepropertysectorinChinaisstillstrugglingtoemergefromthecreditcrisisafterthegovernmentcrackeddownonitsdebtlevelsinAugust2020.Woodconsumptioniscloselylinkedtothehousingmarketanditsdemandforconstructionmaterials,flooring,furniture,anddecorativeitems.AccordingtotheNationalBureauofStatisticsinChina,newhousingstartshascontinuedtodeclineinthefirsthalfof2024.Asaresult,thebusinessenvironmentinwhichtheGroupoperatesremainstobechallengingandtoughduringthesixmonthsended30June2024(the“ReportingPeriod”). Wood-relatedBusiness DuringtheReportingPeriod,theCompanycontinueditseffortsindevelopingitscorewood-relatedbusiness,includingwoodmanagement,distributionandprocessingofwoodandtimberproductsaswellastheprocessingandsaleofantique-stylewoodfurniture. WiththecontinuouseffortsoftheCompanyandthevaluableexpertiseandextensivebusinessconnectionsbroughttotheGroupbyMr.LyuNingJiang(“MrLyu”),therevenuegeneratedfromthewood-relatedbusinesshasincreasedfromapproximatelyHK$96.9millionforthesixmonthsended30June2023toapproximatelyHK$170.3millionfortheReportingPeriod. 业务回顾 致全体股东： 二零二四年上半年，中国的物业房产板块仍未从自二零二零年八月政府打压债务水平后信贷危机中走出来。木材消耗与房屋市场及其对建材、地板、家具及装饰品的需求息息相关。根据中国国家统计局的资料，二零二四年上半年，新房屋动工率持续下跌。因此，截至二零二四年六月三十日止六个月内 （“报告期间”），本集团营运所在的业务环境仍然充满挑战及严峻。 木材相关业务 报告期间内，本公司不断努力开发其核心木材相关业务，包括木材管理、木材及木材产品的分销及加工，以及仿古木家俬的加工及销售。 鉴于本公司的不断努力及吕宁江先生（“吕先生”）为本集团带来的宝贵专业知识及广泛的业务关系，木材相关业务产生的收益由截至二零二三年六月三十日止六个月的约96,900,000港元增加至报告期间的约170,300,000港元。 INTERIMREPORT2024二零二四年中期报告03 管理层讨论及分析 Processinganddistributionoffurniturewood Sincelate2020,theGrouphasestablishedChinaWoodGreenResources(Shenzhen)Co.,Limited*中木绿色资源（深圳）有限公司(“CWGreen”),awholly-ownedsubsidiaryoftheGroup,asthemainoperatingcompanytodeveloptheGroup’scorewood-relatedbusiness,whichisprincipallyengagedintheprovisionofcomprehensivesupplychainmanagementservicesandtheprocessinganddistributionofavarietyoffurniturewoods,whichmainlycompriseofredmahoganywood,sandalwood,rosewood,pinewood,andfirwood,sourcedinthePRCandoverseas. TheGroup’srevenuegeneratedfromtheprocessinganddistributionoffurniturewoodfortheReportingPeriodamountedtoapproximatelyHK$152.5million(2023interim:approximatelyHK$81.0million). Manufacturingandsalesofantique-stylewoodfurnitureandotherwoodenproducts Inadditiontotheprocessinganddistributionoffurniturewoodbusiness,CWGreenhasfurthertappedintothedownstreamsectorofthewood-relatedbusiness,beingthemanufacturingandsalesofantique-stylewoodfurnitureandotherwoodenproductsin2022.Theantique-stylewoodfurnitureismostlymadeofredmahoganywoodasrawmaterial,whichisprofessionallydesignedbythein-houseproductdesignanddevelopmentdepartmentoftheGroup.Suchwoodfurnitureisconsideredtobehigh-endwithartisticvalue,whichisprimarilytreatedasdecorativeartswithpracticalfunctions.Assuch,bothgeneralconsumersandartcollectorsinthemarketareattractedtotheGroup’santique-stylewoodfurniture.Besides,theGroupalsodesignscommonin