Financial Performance - The total revenue for the year ended June 30, 2022, was HKD 295,561,000, a decrease of 12.9% compared to HKD 339,436,000 for the previous year[2]. - The gross profit for the year was HKD 50,826,000, resulting in a gross margin of approximately 17.2%[2]. - The operating profit for the year was HKD 15,656,000, compared to an operating loss of HKD 32,543,000 in the previous year[2]. - The net profit attributable to shareholders for the year was HKD 40,701,000, a significant recovery from a loss of HKD 67,797,000 in the prior year[3]. - The total comprehensive income for the year was HKD 38,050,000, compared to a loss of HKD 66,926,000 in the previous year[3]. - Basic earnings per share for continuing operations were HKD 7.70, compared to a loss per share of HKD 28.55 in the previous year[6]. - The company reported a significant reduction in financing costs, down to HKD (996,000) from HKD (14,466,000) in the previous year[2]. - The company reported a pre-tax profit of 41,375,000 HKD for the year ending June 30, 2022, compared to a loss of 67,786,000 HKD for the previous period[45]. - Total income tax expense increased to 2,710,000 HKD for the year ending June 30, 2022, from 2,355,000 HKD in the previous period[41]. - The company did not declare any final dividend for the year ending June 30, 2022, consistent with the previous period[42]. Assets and Liabilities - The company's total assets as of June 30, 2022, were HKD 239,639,000, down from HKD 395,103,000 in the previous year[7]. - The cash and cash equivalents decreased to HKD 99,191,000 from HKD 248,778,000 year-over-year[7]. - The company's equity attributable to shareholders increased to HKD 188,336,000 from HKD 149,479,000 in the previous year[8]. - As of June 30, 2022, total liabilities and equity amounted to HKD 239,639,000, a decrease from HKD 395,103,000 in the previous year[9]. - Current liabilities, including trade payables, were reported at HKD 52,063,000, compared to HKD 244,194,000 in the previous year[9]. - The total value of assets, net of current liabilities, was HKD 187,576,000, up from HKD 150,909,000 in the previous year[9]. - The company reported a significant increase in accrued expenses and other payables, rising to HKD 13,254,000 from HKD 30,445,000[9]. - The company's total liabilities as of June 30, 2022, were HKD 52,063 million, with the largest portion attributed to service and investment business liabilities (HKD 23,731 million)[21]. Revenue Breakdown - Total revenue for the year ending June 30, 2022, was HKD 295,561,000, with contributions from various segments including HKD 115,510,000 from trading and HKD 133,227,000 from commodity trading[16]. - Revenue from external customers amounted to HKD 295,561,000, indicating a strong performance across all business segments[16]. - Revenue from Hong Kong for the year ended June 30, 2022, was HKD 54,979 million, a decrease from HKD 102,964 million in the previous year[24]. - Revenue from Mainland China for the year ended June 30, 2022, was HKD 133,227 million, slightly down from HKD 141,519 million in the previous year[24]. - Revenue from Malaysia increased significantly to HKD 107,022 million in the year ended June 30, 2022, compared to HKD 55,625 million in the previous year[24]. - The group's income from asset management for the year ended June 30, 2022, was HKD 46,302,000, while consulting income was HKD 189,000, showing a significant decrease from HKD 567,000 in the previous period[31]. Operational Highlights - The company has six reporting segments, including securities brokerage and asset management, lending business, and commodity trading[14]. - The company has ceased operations in the security product trading and security service provision segment in the previous period[14]. - The company plans to focus on expanding its trading services and enhancing its asset management capabilities in the upcoming fiscal year[16]. - The company aims to improve its operational efficiency and reduce administrative expenses to enhance profitability in future periods[16]. - The group is exploring business expansion and investment management opportunities in other countries and regions, focusing on technological innovations in asset management[79]. - The group initiated its lending business by providing a loan of HKD 2 million to an independent third-party borrower, which has since defaulted, resulting in a loss of HKD 2 million recorded in the profit and loss statement[81]. Impairment and Losses - The company reported a significant impairment loss of HKD 3,387,000 related to the right-of-use assets, indicating potential challenges in asset management[18]. - The company recognized a significant impairment loss on accounts receivable related to the sale of subsidiaries, totaling 122,555,000 HKD[48]. - The company recorded a loss of 3,952 thousand HKD from the sale of Dewei Kexin, contributing to a total revenue from subsidiary sales of 13,932 thousand HKD[67]. - The company recorded a loss of HKD 5,036 million from discontinued operations during the reporting period[73]. - The revenue from the sale of subsidiaries was HKD 488 million, while the loss from discontinued operations was HKD (5,036) million[72]. Shareholder Information - The total number of ordinary shares issued as of June 30, 2022, was 537,245,000 shares[43]. - The total issued share capital was 1,000,000,000 shares as of June 30, 2022, following a share consolidation[52]. - The company raised approximately HKD 18,146,000 from the placement of 181,463,440 shares at HKD 0.1 per share in April 2020[53]. - The company issued 118,259,944 shares at a subscription price of HKD 0.71 per share, raising approximately HKD 83,965,000[54]. - The company announced a rights issue where shareholders received 3 shares for every 1 share held at a subscription price of HKD 0.71 per share, raising approximately HKD 286 million in total proceeds[87]. Corporate Governance and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and historical cost convention[11]. - The audit committee has reviewed the annual performance and confirmed compliance with applicable accounting standards[101]. - The company has adhered to the corporate governance code, with no CEO appointed as of June 30, 2022, and responsibilities managed by the board's executive committee[99]. - The annual general meeting is scheduled for December 15, 2022, in Hong Kong[103]. - The annual performance announcement will be published on the company's website and the Hong Kong Stock Exchange website[104]. Future Outlook - Future outlook remains cautious due to market volatility and economic uncertainties, with a focus on maintaining operational efficiency and exploring strategic partnerships[20]. - The group is well-positioned to seize future opportunities as the community vaccination rate increases and the pandemic is controlled[97].

Financial Performance - The company recorded revenue of HKD 215.51 million for the reporting period, a 360% increase compared to HKD 46.86 million in the same period last year[8]. - The company achieved an operating profit of HKD 37.15 million, with a net profit attributable to equity holders of HKD 48.91 million, compared to a net loss of HKD 11.69 million in the same period last year[8]. - Revenue for the six months ended December 31, 2021, was HKD 215,510,000, a significant increase from HKD 46,864,000 in the same period of 2020, representing a growth of 359%[38]. - Gross profit for the same period was HKD 48,167,000, compared to HKD 8,875,000 in 2020, indicating a growth of 442%[38]. - Net profit for the period was HKD 48,909,000, compared to a net loss of HKD 15,212,000 in the same period of 2020[39]. - Total comprehensive income for the period was HKD 49,424,000, a significant improvement from a loss of HKD 14,520,000 in 2020[39]. - Basic and diluted earnings per share for the period were HKD 9.10, compared to a loss per share of HKD 11.69 in the previous year[39]. - The adjusted profit before tax for the six months ending December 31, 2021, was HKD 48,938,000, compared to a loss of HKD 15,209,000 in the same period of 2020[69]. Revenue Breakdown - Revenue from party product trading surged to HKD 97.93 million, up from HKD 17.15 million in the previous year[9]. - The securities and commodities brokerage and asset management segment generated revenue of HKD 46.30 million, compared to HKD 8.42 million in the same period last year[10]. - The group generated revenue of HKD 70.96 million from commodity trading during the reporting period, compared to HKD 21.03 million in the same period of 2020[12]. - Revenue from mainland China was HKD 168,886,000, compared to HKD 21,033,000 in the previous year, indicating a substantial growth[75]. - The total revenue from other sources in Hong Kong was HKD 46,435,000, up from HKD 8,424,000 in the previous year[75]. - Major customer A contributed HKD 47,813,000 to the group's revenue, while customer B contributed HKD 46,302,000[80]. Expenses and Liabilities - Operating expenses increased by 22.6% to HKD 25.76 million during the reporting period[8]. - Total liabilities as of December 31, 2021, were HKD 1,405,941,000, compared to HKD 244,194,000 as of June 30, 2021, indicating a substantial increase in financial obligations[41]. - The company's trade payables as of December 31, 2021, were HKD 66,865,000, an increase from HKD 53,436,000 as of June 30, 2021[63]. - The aging analysis of trade payables showed that HKD 32,707,000 was due within 30 days as of December 31, 2021[64]. Assets and Cash Flow - As of December 31, 2021, the group's net current assets were HKD 183.41 million, an increase from HKD 132.53 million as of June 30, 2021[14]. - The group's total assets less current liabilities amounted to HKD 200.34 million, up from HKD 150.91 million as of June 30, 2021[14]. - The group's cash and bank balances reached HKD 1.39145 billion as of December 31, 2021, compared to HKD 248.78 million as of June 30, 2021[14]. - The net cash generated from operating activities for the six months ended December 31, 2021, was HKD 23,707,000, compared to a net cash used of HKD 17,906,000 in the previous year[43]. - Cash and cash equivalents increased dramatically to HKD 1,391,447,000 from HKD 248,778,000 in the previous period[40]. Financing and Investments - The company received a USD 200 million interest-free loan from its controlling shareholder, Neo Tech Inc., and utilized approximately USD 161 million for its spot foreign exchange trading[11]. - The group raised a net amount of approximately HKD 284 million from the rights issue and share subscription activities[17]. - The company utilized HKD 50 million for repaying overdue external debts within six months post-rights issue[19]. - The company has used HKD 110 million for repaying overdue convertible bonds within twelve months post-rights issue[19]. - The company reported a net cash used in investing activities of HKD 46,000,000, reflecting the company's investment strategy during the period[43]. Corporate Governance and Management - The company has complied with the corporate governance code, except for the absence of a CEO since April 1, 2011, with the board executing the functions of the CEO[31]. - Following the passing of an independent non-executive director on February 6, 2022, the company fell below the minimum requirement of three independent non-executive directors[32]. - The audit committee currently consists of two independent non-executive directors, with the chair position remaining vacant[37]. - The company is actively seeking suitable candidates to fill the vacancies of independent non-executive directors to comply with listing rules[33]. - The company reported management compensation for the six months ended December 31, 2021, was HKD 1,841,000, an increase from HKD 1,483,000 in 2020[92]. Future Outlook - The company plans to explore and invest in technological innovations for its asset management business[11]. - The group plans to develop its lending business by providing higher-value loans to borrowers with personal guarantees or collateral[13]. - The company plans to continue expanding its market presence and product offerings in the upcoming periods[68]. - The company is positioned to seize future opportunities as community vaccination rates increase and the pandemic is controlled[23].

Financial Performance - The company's continuous operating income increased by 532.19% during the 18-month period from January 1, 2020, to June 30, 2021, compared to the 12-month period in 2019 [8]. - The group recorded a revenue of HKD 33.944 million for the reporting period, an increase of 532.19% compared to HKD 5.369 million in the previous period [11]. - Operating expenses increased by 14.09% to HKD 69.43 million during the reporting period [11]. - The group reported an operating loss of HKD 32.54 million, with a loss attributable to equity holders of HKD 67.79 million, compared to HKD 380.38 million in the previous period [11]. - Revenue from party product trading increased to HKD 17.467 million, up from HKD 40.97 million in the previous period, driven by business expansion in the Asian market [12]. - The asset management segment generated revenue of HKD 23.92 million, a significant increase from HKD 741,000 in the previous period [13]. - The group generated revenue of HKD 141.52 million from commodity trading, which resumed operations in the second half of 2020 [15]. - Revenue from continuing operations for the eighteen months ended June 30, 2021, was HKD 339,436,000, compared to HKD 53,692,000 for the previous period [180]. - Gross profit for the same period was HKD 32,868,000, up from HKD 12,632,000, indicating a significant improvement [180]. - The total comprehensive loss for the period was HKD 66,926,000, compared to HKD 385,366,000 in the previous year, reflecting a substantial decrease in overall losses [186]. Economic Context - Hong Kong's GDP decreased by 6.1% in 2020, with the unemployment rate reaching its highest level in 16 years [7]. - The Hang Seng Index fell by 3.4% in 2020, while the Hang Seng Tech Index rose by 78.7% [7]. - China's GDP growth rate for 2020 was 2.3%, making it the only major economy to achieve positive growth during that year [7]. - The Hong Kong economy showed a strong recovery with a year-on-year GDP growth of 7.8% in the first quarter of 2021 [31]. Risk Management and Corporate Governance - The company plans to strengthen risk management capabilities to navigate market uncertainties and create value for stakeholders [8]. - The financial market is expected to face uncertainties due to potential changes in the Federal Reserve's monetary policy, with expectations of tapering starting in early next year [8]. - The company is committed to creating value for shareholders, employees, customers, and society amidst a complex external environment [8]. - The company has established a risk management framework to evaluate and determine the nature and extent of risks it is willing to take in achieving its strategic objectives [55]. - The board is responsible for maintaining a robust internal control and risk management system to protect shareholder interests and ensure compliance with relevant regulations [57]. - The company has complied with the corporate governance code, except for certain instances regarding the separation of roles between the chairman and CEO [40]. - The independent non-executive directors have confirmed their independence in accordance with the listing rules [44]. - The company has established an executive committee to assist the board in daily operations, which held one meeting during the reporting period [45]. Financial Position and Liquidity - As of June 30, 2021, the group's current assets amounted to HKD 132.53 million, compared to current liabilities of HKD 109.70 million as of December 31, 2019 [20]. - The group's total assets minus current liabilities stood at HKD 150.91 million, an increase from HKD 45.63 million as of December 31, 2019 [20]. - The current ratio improved to 1.54 as of June 30, 2021, up from 0.44 as of December 31, 2019 [20]. - The debt-to-asset ratio was -23.46% as of June 30, 2021, a significant improvement from 106.58% as of December 31, 2019 [20]. - The company raised a total of HKD 284 million from a rights issue and subscription, significantly improving its liquidity and financial resources [20]. - As of June 30, 2021, the company's cash and bank balances were HKD 248.78 million, compared to HKD 13.53 million as of December 31, 2019 [20]. - The company reported cash and cash equivalents of HKD 248,778,000, a significant increase from HKD 13,525,000 in the previous year, enhancing financial flexibility [188]. Employee and Community Engagement - The company has 32 employees as of June 30, 2021, an increase from 27 employees as of December 31, 2019 [30]. - The employee turnover rate was 25.0% for both female and male employees, with a higher turnover rate of 40.0% for employees aged 51 and above [96]. - The company emphasizes employee training and development, ensuring all new hires participate in orientation and ongoing professional training [101]. - The company is committed to community investment, encouraging employees to participate in volunteer services and supporting local employment opportunities [110]. - The company plans to allocate more resources to volunteer work and consider donations to charitable organizations in the future [110]. Environmental, Social, and Governance (ESG) Initiatives - The company has identified significant environmental, social, and governance (ESG) issues, including emissions, waste management, and resource usage, which are prioritized based on stakeholder discussions [81]. - During the reporting period, the company recorded total greenhouse gas emissions of 206.96 tons, a decrease from 310.58 tons in the previous year [86]. - The company implemented energy-saving measures in the office, including replacing low-power light tubes, to reduce its carbon footprint [85]. - The company has established a mechanism for environmental impact assessment for investment projects and is exploring the feasibility of developing green financial services [92]. - The company promotes a diverse workforce and adheres to equal opportunity policies, with no reported violations of employment laws during the reporting period [95]. Audit and Compliance - The independent auditor's report indicated a significant loss of approximately HKD 120,156,000 related to the cancellation of subsidiaries, which could not be verified due to incomplete records [164]. - The audit committee approved the consolidated financial statements for the eighteen months ending June 30, 2021, affirming compliance with applicable accounting standards and regulations [158]. - The independent auditor's report included a reservation of opinion due to limitations in the audit scope concerning the financial statements for the year ending December 31, 2019 [164]. - The group has faced significant uncertainties regarding its ability to continue operations, as indicated by the substantial losses and cash outflows reported [172]. Management and Leadership - The company is led by Dr. Wu, who has extensive experience in financial innovation and asset management, and is currently the Executive Director of Taiga Insurance Holdings Limited (stock code: 6161) [126]. - The company has a strong management team with over 50 years of combined experience in accounting and finance, including independent directors with significant roles in various banks and financial institutions [128]. - The company secretary, Ms. Liang, has over 10 years of experience in financial reporting and auditing, enhancing the company's governance and compliance [130]. - The resignation of the executive director and CEO took effect on April 1, 2021, indicating a potential shift in leadership strategy [157].

Financial Performance - The company reported revenue of HKD 71.78 million for the reporting period, a decrease of 47% compared to HKD 135.61 million in the same period last year[7]. - The net loss attributable to equity holders was HKD 52.64 million, compared to a loss of HKD 380.38 million in the same period last year[7]. - The loss per share was HKD 0.4551, a significant decrease from HKD 4.0683 in the previous year[7]. - Revenue from party product sales, brokerage commissions, and asset management services was HKD 26,463,000 for the twelve months ended December 31, 2020, down from HKD 40,965,000 in 2019[59]. - The total revenue for the twelve months ended December 31, 2020, was HKD 48,280,000, a significant decrease from HKD 122,962,000 in 2019[59]. - The company reported a total comprehensive loss of HKD 52,635,000 for the year ended December 31, 2020, compared to a loss of HKD 380,376,000 in 2019[48]. - The company reported a total comprehensive loss before tax of HKD 52,632,000 for the year ending December 31, 2020, compared to a loss of HKD 383,826,000 in 2019[90]. - The company reported a loss of HKD 52,635,000 for the period, compared to a loss of HKD 383,398,000 in the previous year, indicating an improvement in performance[90]. Revenue Breakdown - Revenue from party product trading decreased to HKD 26.46 million, down from HKD 49.97 million in the previous year[8]. - Revenue from securities and commodities brokerage and asset management reached HKD 23.50 million, a significant increase from HKD 0.73 million in the previous year[9]. - Revenue from commodity trading was HKD 21,033,000 for the twelve months ended December 31, 2020[59]. - Revenue from security services was HKD 784,000 for the twelve months ended December 31, 2020, compared to HKD 2,419,000 in 2019[59]. - Revenue from Hong Kong for the year ending December 31, 2020, was HKD 27,247,000, down from HKD 43,460,000 in 2019, a decline of approximately 37.2%[97]. - Revenue from mainland China decreased to HKD 21,033,000 in 2020 from HKD 79,502,000 in 2019, a decline of about 73.5%[97]. Expenses and Liabilities - Operating expenses were reduced by 49% to HKD 40.25 million during the reporting period[7]. - The group’s net current liabilities as of December 31, 2020, were HKD 136.92 million, an increase from HKD 109.70 million as of December 31, 2019[15]. - The company’s debt-to-equity ratio increased to 112% as of December 31, 2020, compared to 107% as of December 31, 2019[15]. - Total liabilities decreased significantly to HKD 244,029,000 from HKD 196,653,000 in the previous year[46]. - The company’s total liabilities increased significantly, leading to a cumulative loss of HKD (4,143,508,000) as of December 31, 2020[48]. Cash Flow and Liquidity - The company raised a net amount of HKD 284 million from the rights issue and subscription, significantly improving its liquidity and financial resources[15]. - The company reported a cash and cash equivalents balance of HKD 25,604,000, up from HKD 13,525,000 in 2019[45]. - The company experienced a net cash outflow from operating activities of HKD 52,247,000 for the year ended December 31, 2020, compared to a net inflow of HKD 281,000 in 2019[49]. - The company reported a net cash outflow from investing activities of HKD 11,708,000 for the year ended December 31, 2020, compared to HKD 9,198,000 in 2019[49]. Share Capital and Equity - The company successfully completed the placement of 181,463,440 new shares at HKD 0.1 per share and 223,852,128 new shares at HKD 0.105 per share during the reporting period[16]. - The company raised approximately HKD 284 million through rights issue and subscription completed in January 2021[23]. - The company’s total issued share capital as of December 31, 2020, was 134,311,276 shares[26]. - The company has issued a total of 83,600,000 shares under various share option grants[35]. - The company’s total equity decreased to HKD (121,150,000) as of December 31, 2020, from HKD 26,698,000 at the beginning of the year[48]. Management and Governance - The company has complied with the corporate governance code during the reporting period, except for the separation of roles between the Chairman and CEO, which has not been maintained since January 10, 2011[37]. - The Audit Committee consists of three independent non-executive directors and one non-executive director, with a minimum of four meetings held annually[42]. - The company appointed a new CEO on April 6, 2020, after a period without one since January 10, 2011[39]. - The company has made several board appointments and changes, including the appointment of new executive directors in 2020[39]. Business Strategy and Future Outlook - The company aims to expand its customer base by developing an electronic trading platform and further penetrating the Chinese market, which had a market size of approximately USD 528.4 million in 2019[8]. - The company’s management believes that business performance will continue to improve following the implementation of new business strategies[23]. - The company is awaiting approval from the Securities and Futures Commission to restore its asset management and securities licenses[9]. Asset Management and Investments - The company is developing an electronic platform to provide retail loans through fintech, focusing on short-term and micro-loans with relatively low credit risk[12]. - The company has not issued new loans since December 2019, resulting in no revenue from lending activities during the reporting period, compared to HKD 12 million in the same period of 2019[12]. - The company has no significant investments or asset pledges as of December 31, 2020[20]. Convertible Bonds and Financial Instruments - The company has a convertible bond with a principal amount of HKD 100,000,000, which can convert into 10,000,000 shares[30]. - The company issued HKD 100,000,000 convertible bonds in 2020, with an annual interest rate of 2.5% until repayment[82]. - The total value of convertible bonds as of December 31, 2020, was HKD 114,261,000, which includes HKD 1,493,000 in equity portion[80]. Subsidiary and Segment Information - The company completed the sale of its entire issued share capital of International Security Network for a total consideration of HKD 8,750,000[86]. - The group has five reportable segments, including party products trading and securities brokerage, following the loss of control over a subsidiary in China[88]. - The group recognized a loss of HKD 4,257,000 from the sale of its subsidiary, which included the derecognition of goodwill amounting to HKD 11,188,000[107].

Financial Performance - The company reported a significant increase in revenue, achieving a total of $X million, representing a Y% growth compared to the previous year[3]. - Revenue for the last quarter reached $500 million, representing a 15% increase compared to the previous quarter[112]. - The total revenue for the year was HKD 135.61 million, an increase of 103% compared to HKD 66.93 million for the previous year[17]. - Revenue from security product trading and services reached HKD 81.92 million, up from HKD 1.52 million in 2018[17]. - The company reported a total comprehensive loss for the year ended December 31, 2019, of HKD 385,366,000, compared to a loss of HKD 111,330,000 in 2018, representing a significant increase in losses[163]. - The net loss attributable to equity holders increased by 269% to HKD 380.38 million, compared to HKD 103.03 million the previous year[17]. - The company reported a loss attributable to equity holders of HKD 380,376,000 for the year, compared to a loss of HKD 103,031,000 in 2018, highlighting deteriorating profitability[163]. - The company incurred a pre-tax loss of HKD 383,826,000, compared to a loss of HKD 102,899,000 in the previous year[162]. User Engagement and Market Expansion - User data showed an increase in active users, reaching Z million, which is a W% increase year-over-year[4]. - The company reported a significant increase in user engagement, with a 25% year-over-year growth in active users[106]. - The company has set a target to expand its market presence in Southeast Asia, aiming for a 30% market share by 2025[111]. - New product launches are expected to contribute an additional $100 million in revenue over the next fiscal year[112]. Strategic Initiatives and Investments - The company provided a positive outlook for the next quarter, projecting revenue growth of A% and an increase in user engagement metrics[5]. - New product launches are expected to contribute an additional $B million in revenue, with anticipated market expansion into C regions[6]. - The company is investing in R&D for new technologies, allocating $D million towards innovation initiatives[5]. - The company is exploring partnerships to enhance service offerings, aiming to increase customer satisfaction and retention rates[4]. - A strategic acquisition of a tech startup was completed, which is projected to increase operational efficiency by 20%[111]. Financial Health and Liabilities - The company recorded a full impairment provision of HKD 111.13 million for receivable loans and HKD 11.53 million for receivable interest, indicating concerns over the recoverability of the loan portfolio[12]. - The company’s cash and bank balances were HKD 13.53 million, down from HKD 22.91 million in 2018[18]. - The debt-to-equity ratio was 317% as of December 31, 2019, compared to 34% in 2018[18]. - The company’s total liabilities exceeded total assets by HKD 109,704,000, reflecting a negative working capital situation[165]. Corporate Governance and Compliance - The company has adopted the corporate governance code as per the listing rules, ensuring compliance from January 1, 2019, to December 31, 2019, with exceptions noted[27]. - The board held a total of 12 meetings during the year, with specific attendance records for each director documented[30]. - The company has established a formal and transparent remuneration policy for executive directors and senior management[39]. - The company has confirmed that all directors complied with the standard code for securities transactions throughout the year[28]. Environmental and Sustainability Efforts - The management highlighted a commitment to sustainability, with initiatives aimed at reducing carbon emissions by F% over the next five years[4]. - The company reported a total greenhouse gas emissions of 310.58 tons CO2 equivalent for the year 2019[77]. - The company implemented energy-saving measures, including replacing low-power light tubes and encouraging energy-saving habits[76]. - The group is focusing on reducing plastic and single-use products, promoting electronic communication to minimize waste[78]. Employee and Community Engagement - The company has a total of 27 employees as of December 31, 2019, down from 55 in the previous year[25]. - The company encourages community investment and volunteer service among employees, aiming to enhance public financial knowledge and address community needs[95]. - The group provides competitive compensation and benefits based on performance evaluations and market conditions[83]. Risk Management and Internal Controls - The company has implemented a comprehensive risk management framework to address credit risk, liquidity risk, and compliance risk, ensuring adherence to regulatory requirements[134][135]. - The board is responsible for maintaining a robust internal control and risk management system, which aims to manage risks rather than eliminate them[48]. - The company will conduct a comprehensive review of its internal control system to identify and address any deficiencies[64].