Annual Report 2022

28 SHOUGANG CENTURY HOLDINGS LIMITED 首佳科技製造有限公司 MANAGEMENT DISCUSSION AND ANALYSIS 管理層論述及分析 資本承擔 於二零二二年十二月三十一日，本集團有關物 業、廠房及設備之承擔為港幣 119,083,000 元。 業務發展計劃 於二零一九年，滕州東方與滕州政府機關就在 二零一零年及二零一一年透過公開競投取得的 三幅土地（「該等土地」）上將進行的項目投資建 設訂立協議。根據協議，滕州東方將在該等土 地投資建設總年產 100,000 噸鋼簾線生產線。 滕州政府機關將協助滕州東方建設項目，如處 理施工相關程序，促進水、電、道路等項目基 礎設施建設，並協助申請政府政策支持和適用 的資金支持。 建設項目自二零一九年十一月開始購置機器及 建設的廠房、附屬設施及外圍道路。項目會根 據市場情況和本公司不時之財務能力分階段 進行。面對不斷發展的汽車及輪胎市場，本集 團積極提升其生產力。於本年度回顧，本集團 積極推進滕州東方擴展計劃，我們於滕州東方 的鋼簾線╱鋼絲的生產能力已擴大至年產能 160,000 噸。加上嘉興東方年產 80,000 噸，本 集團鋼簾線的年產能增至 240,000 噸。產能的 擴張可大幅提升本集團的核心競爭力和盈利能 力，本集團繼而逐步邁向年產量 300,000 噸以 上精品鋼簾線的目標。 CAPITAL COMMITMENTS At 31 December 2022, the Group had commitments in respect of property, plant and equipment amounted to HK$119,083,000. BUSINESS DEVELOPMENT PLAN In 2019, TESC entered into agreements with the relevant governmental authorities of Tengzhou in relation to the investment of a construction project to be carried out on the three parcels of land through a public auction in 2010 and 2011 (the “Lands”). Pursuant to the agreements, TESC shall invest in construction of the production lines for an annual capacity of 100,000 tonnes steel cords on the Lands. The Tengzhou governmental authorities shall assist TESC in the construction project, such as handling relevant procedures for the construction, facilitating in the construction of infrastructure of the project such as water, electricity and roads, and assisting in application of governmental policy support and applicable support funds. The construction project has commenced to acquire the machineries and construct the factory plant, ancillary facilities and peripheral roads since November 2019. The project is carried out by phases according to the market conditions and the financial capacity of the Company from time to time. Facing the growing automotive and tyre market, the Group strives to enhance its productivity. During the year under review, the Group continued to propel an expansion plan at TESC. Our steel cord/wire production capacity at TESC was expanded to reach an annual production capacity of 160,000 tonnes. Together with the annual capacity of 80,000 tonnes at JESC, the Group’s annual production capacity of steel cords increased to 240,000 tonnes. Since the increase in productivity significantly enhances the Group’s core competitiveness and profitability, the Group continues to make great strides towards its goal to manufacture over 300,000 tonnes of high-quality steel cords annually.