Core Viewpoint - *ST Tongzhou has successfully applied to remove the delisting risk warning and other risk warnings from its stock, effective June 17, following a positive audit report for the 2024 fiscal year [1][4]. Business Overview - The main business segments of *ST Tongzhou include energy sector operations, which involve 18650 lithium batteries, various polymer soft-pack batteries, high-power power supply products, lead-to-lithium battery packs, backup power, home energy storage, electric bicycle batteries, and new energy vehicle battery swap services [3]. - The second segment focuses on set-top box operations, including satellite reception engineering equipment, digital TV set-top boxes, smart terminals, digital TV overall solutions, smart home solutions, and smart platform services [3]. Financial Performance - For the fiscal year 2023, *ST Tongzhou reported a negative net profit (lower of net profit before and after non-recurring gains and losses) and revenue below 100 million yuan, leading to the implementation of delisting risk warnings starting April 23, 2024 [3]. - The company faced additional risk warnings due to negative net profits over the last three accounting years and uncertainty regarding its ability to continue as a going concern, as indicated in the 2023 annual report [3]. Legal and Operational Developments - In January 2022, *ST Tongzhou was involved in a property service contract dispute with Dazhu Holdings, resulting in pre-litigation asset preservation measures and the freezing of major bank accounts [4]. - The lawsuit with Dazhu Holdings has been settled, and the frozen accounts have been released, although other accounts remain frozen [4]. Recent Developments - As of the announcement date, the frozen funds accounted for 0.33% of the company's net assets and 0.71% of its cash balance as of the first quarter of 2025, with no significant adverse impact on daily operations [5]. - The application to remove the delisting risk warning and other risk warnings has been approved by the Shenzhen Stock Exchange [5].

Revenue and Financial Performance - Revenue from advertising and marketing services amounted to approximately HKD 20.2 million, accounting for about 67.1% of the total revenue[8] - Interest income from lending services was approximately HKD 9.9 million, representing about 32.9% of the total revenue[10] - Revenue from advertising services and book and magazine sales decreased by 24.4% to approximately HKD 20.2 million compared to HKD 26.8 million in 2023[21] - Revenue for the year ended December 31, 2024, was HKD 30,151,000, a decrease of 21.4% from HKD 38,379,000 in 2023[139] - Gross profit increased to HKD 12,416,000, up 10.5% from HKD 11,231,000 in the previous year[139] - The group reported a loss attributable to owners of approximately HKD 34.6 million, a reduction of about 48.6% from HKD 23.3 million in 2023[24] - The company reported a pre-tax loss of HKD 29,403,000, an improvement from a loss of HKD 40,465,000 in 2023[139] - Net loss for the year was HKD 28,882,000, compared to a loss of HKD 37,397,000 in the prior year, reflecting a 22.5% reduction in losses[139] Business Strategy and Operations - The company aims to diversify its revenue streams by actively expanding into digital media marketing services and multi-channel network (MCN) operations since 2020[8] - The company has ceased its securities brokerage business effective September 19, 2023, due to ongoing losses, which is not expected to significantly impact overall financial performance[9] - The group plans to strengthen its financial services and actively develop its advertising business, particularly in digital media marketing and MCN services[17] - The group will continue to monitor the performance of its financial business and identify suitable diversification opportunities[18] Credit and Risk Management - Independent credit assessments are conducted prior to loan issuance to evaluate the credit quality of potential borrowers[13] - The company is focusing on providing secured and unsecured loans to a diverse client base, primarily sourced from existing customers[12] - The company has established a structured process for monitoring loan portfolios and managing credit risks, including monthly aging analysis of borrowers[14] - The management regularly reviews the loan portfolio to ensure the value of collateral remains stable and to mitigate credit risk[14] - The expected credit loss and impairment loss for receivables and interest is approximately HKD 36.1 million, an increase from HKD 25.5 million in 2023[16] Corporate Governance - The board of directors consists of five executive directors and three independent non-executive directors, with all independent directors confirming their independence[49] - The company has complied with the corporate governance code, with minor deviations noted regarding the notice period for board meetings[45] - The company has implemented a behavior code for directors' securities trading, ensuring compliance with the standards set forth in the listing rules[47] - The company aims to enhance board performance through a diversity policy, recognizing the benefits of a diverse board[49] Financial Position and Assets - As of December 31, 2024, the total loan portfolio amounts to approximately HKD 147.3 million, with secured loans at HKD 93.8 million and unsecured loans at HKD 53.5 million[15] - The company’s cash and cash equivalents at year-end stood at HKD 19,548,000, down from HKD 41,027,000 at the beginning of the year[148] - The company’s non-current assets decreased to HKD 12,080,000 from HKD 24,169,000, a decline of 50%[141] - Current assets decreased to HKD 311,048,000 from HKD 354,777,000, a reduction of 12.3%[141] Shareholder Information - The group will not recommend a dividend for the fiscal year 2024, consistent with the previous year[25] - Major shareholders as of December 31, 2024, include Li Wei with 30,778,750 shares (5.17%) and Yongrong (Hong Kong) Asset Management Limited with 136,940,000 shares (18.60%)[109] - The company has no distributable reserves for shareholders as of December 31, 2024, and December 31, 2023[96] Environmental and Social Responsibility - The company has actively responded to environmental and social responsibilities, implementing various energy-saving and waste-reduction measures in its operations[89] - The company has adopted various environmental, social, and governance practices, with a separate report to be published alongside the annual report[89] Audit and Compliance - The financial statements for the year ending December 31, 2024, were audited by KPMG[121] - The statutory audit fees for the fiscal year ending December 31, 2024, are approximately HKD 500,000, compared to HKD 550,000 for 2023[71] - The audit committee must approve any non-audit services provided by the external auditor to avoid conflicts of interest[70] Employee and Talent Management - The company recognizes employees as valuable assets and provides competitive compensation to attract and retain talent[116] - As of December 31, 2024, the company has 55 employees in Hong Kong and China, down from 70 in 2023[41] Future Outlook - The group acknowledges the challenges posed by global economic conditions, including trade tensions and geopolitical uncertainties, but remains cautiously optimistic about future growth prospects[17]

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告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 SEEC MEDIA GROUP LIMITED 綜合損益及其他全面收益表 截至二零二四年十二月三十一日止年度 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收入 | 3 | 30,151 | 38,379 | | 銷售成本 | | (17,735) | (27,148) | | 毛利 | | 12,416 | 11,231 | | 其他收入 | | 2,687 | 2,029 | | 按公平值計入損益之財務資產之公平值變動 | | (1,127) | 12,120 | | 其他盈虧淨額 | 5 | 8,705 | 20,255 | | 銷售及分銷成本 | | (551) | (5,003) | | 行政開支 | | (24,239) | (42,888) | | 分佔一間合營企業業績 | | (14,631) ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 15,331,000, a decrease of 29.6% from HKD 21,828,000 in the same period of 2023[1] - Gross profit for the same period was HKD 10,434,000, significantly up from HKD 1,478,000 in 2023, indicating a substantial improvement in profitability[1] - The total comprehensive loss for the period was HKD 41,367,000, compared to HKD 10,839,000 in the previous year, reflecting a worsening financial position[3] - The basic and diluted loss per share was HKD 0.03, compared to a loss of HKD 0.01 per share in the prior year[3] - The company recognized a loss of HKD 25,701,000 before tax, significantly higher than the loss of HKD 8,941,000 reported in the same period last year[1] - The company reported a pre-tax loss of HKD 25,167 million for the six months ended June 30, 2024, compared to a pre-tax loss of HKD 4,800 million for the same period in 2023, indicating a significant increase in losses[19] - The company incurred a total segment loss of HKD 17,846 million for the six months ended June 30, 2024, compared to a loss of HKD 4,134 million for the same period in 2023, highlighting deteriorating performance across segments[14] - The company reported a significant decrease in cash and cash equivalents due to foreign exchange rate changes, which impacted the cash balance by HKD 21,024,000[8] - The company reported a fair value loss on trading investments of approximately HKD 35,000,000 for the six months ended June 30, 2024, compared to a loss of approximately HKD 5,300,000 for the same period in 2023[40] Assets and Liabilities - Non-current assets totaled HKD 12,435,000 in equity in a joint venture, down from HKD 14,891,000 as of December 31, 2023[4] - Current assets decreased to HKD 310,825,000 from HKD 354,777,000, indicating a reduction in liquidity[4] - Total liabilities decreased to HKD 165,493,000 from HKD 177,080,000, showing a slight improvement in the company's debt position[4] - The net asset value was HKD 141,317,000, down from HKD 181,445,000, reflecting a decline in shareholder equity[5] - The total equity of the company as of June 30, 2024, was approximately HKD 141,300,000, a decrease from HKD 181,400,000 as of December 31, 2023, primarily due to a loss of HKD 25,700,000 during the period[49] - The company's capital debt ratio as of June 30, 2024, was approximately 56.8%, up from 52.1% as of December 31, 2023[49] Cash Flow - For the six months ended June 30, 2024, the company reported a net cash inflow from operating activities of HKD 6,875,000, compared to a net cash outflow of HKD 14,898,000 for the same period in 2023[8] - The company’s financing activities resulted in a net cash outflow of HKD 3,535,000 for the six months ended June 30, 2024, compared to a net cash outflow of HKD 5,708,000 for the same period in 2023[8] - The company’s operating cash flow was significantly improved compared to the previous year, indicating a recovery in operational efficiency[8] Revenue Breakdown - The total revenue for the six months ended June 30, 2024, was HKD 15,331,000, with external sales from advertising services contributing HKD 7,175,000, securities trading services contributing HKD 156,000, e-commerce platform services contributing HKD 1,084,000, and lending services contributing HKD 6,916,000[12] - Revenue from advertising and marketing services was approximately HKD 7,200,000, accounting for about 47.1% of the total revenue[35] - Revenue from advertising services for the six months ended June 30, 2024, totaled approximately HKD 7,200,000, a decrease of about 20.9% compared to approximately HKD 9,100,000 for the same period in 2023[40] - Revenue from the securities brokerage business was approximately HKD 200,000 for the six months ended June 30, 2024, down from approximately HKD 7,000,000 in the same period in 2023[40] - The advertising services segment generated external sales of HKD 9,089 million, while the securities trading business generated HKD 6,974 million, reflecting a decline in both segments compared to the previous year[14] Operational Challenges - The company faced challenges in its print media advertising business due to the negative impact of the COVID-19 pandemic and the expiration of exclusive advertising contracts[35] - The company decided to discontinue the securities brokerage business due to ongoing operational losses[35] Strategic Initiatives - The company plans to strengthen its financial services and actively develop its advertising business, particularly in digital media marketing and MCN services[38] - The company has actively expanded into digital media marketing services and multi-channel network (MCN) business since 2020 to diversify its advertising revenue[35] - The company will continue to monitor the performance of its financial business and identify suitable diversification opportunities despite the challenging environment[38] Shareholder Information - The company has issued a total of 736,142,730 shares, with major shareholder Li Wei holding 30,778,750 shares, representing 5.17% of the total[54] - Major shareholder Yongrong (Hong Kong) Asset Management Limited holds 136,940,000 shares, accounting for 18.60% of the total shares[54] Governance and Compliance - The company has complied with the corporate governance code, with some deviations regarding the notice period for board meetings[55] - The remuneration committee consists of three independent non-executive directors, ensuring oversight of executive compensation[55] - The audit committee has reviewed the accounting principles and financial reporting matters for the six months ending June 30, 2024[57] - The board of directors includes both executive and independent non-executive members, with recent appointments and resignations noted[59] - The company has adopted a code of conduct for directors' securities transactions, confirming compliance as of June 30, 2024[58] - The company is focused on maintaining efficient and timely decision-making processes within the board[55]

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告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 SEEC MEDIA GROUP LIMITED 財訊傳媒集團有限公司 （於開曼群島註冊成立並於百慕達存續的有限公司） （股份代號：205） 截至二零二四年六月三十日止六個月 未經審核簡明綜合中期業績 財訊傳媒集團有限公司（「本公司」）董事會（「董事會」）欣然提呈本公司及其附屬公司（「本集團」） 截至二零二三年六月三十日止六個月中期業績如下： 簡明綜合損益及其他全面收益表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Revenue Sources - Revenue from advertising and marketing services amounted to approximately HKD 26,800,000, accounting for about 69.8% of the total revenue[8] - Interest income from lending services reached approximately HKD 11,300,000, representing about 29.5% of the total revenue[10] - Commission and brokerage income from the securities brokerage business totaled approximately HKD 300,000, making up about 0.7% of the total revenue[9] - Revenue from advertising services and sales of books and magazines for the year ended December 31, 2023, is approximately HKD 26.8 million, a decrease of 46.6% from HKD 50.2 million in 2022[23] - Revenue for the year ended December 31, 2023, was HKD 38,379,000, a decrease of 47.5% compared to HKD 73,163,000 in 2022[150] Financial Performance - The overall gross profit margin for the year ended December 31, 2023, is approximately 29.3%, down from 56.4% in 2022, attributed to a decrease in the contribution from high-margin business segments[23] - The company recorded a fair value gain of approximately HKD 12.1 million on trading investments for the year ended December 31, 2023, compared to a fair value loss of HKD 30.7 million in 2022[23] - Administrative expenses increased by approximately 88.2% to HKD 42.9 million for the year ended December 31, 2023, from HKD 22.8 million in 2022, primarily due to increased employee costs and legal fees[24] - The loss attributable to owners of the company decreased by approximately 71.8% to HKD 23.3 million for the year ended December 31, 2023, compared to a loss of HKD 82.5 million in 2022[25] - The company reported a pre-tax loss of HKD 40,465,000, an improvement from a loss of HKD 87,294,000 in 2022[150] - Net loss for the year was HKD 37,397,000, compared to a net loss of HKD 89,263,000 in the prior year, indicating a 58.1% reduction in losses[150] - Total comprehensive loss for the year was HKD 33,772,000, down from HKD 99,113,000 in the previous year, indicating a significant improvement[152] Loan Portfolio and Credit Risk - The company is focusing on providing secured and unsecured loans to a diverse clientele, primarily sourced from existing customers[12] - Independent credit assessments are conducted before granting loans to evaluate the credit quality of potential borrowers[13] - The company closely monitors its loan portfolio to minimize credit risk, with monthly reports provided to the board[14] - The company has implemented structured procedures for handling overdue payments, including reminders and potential legal action after six months of delinquency[14] - As of December 31, 2023, the total loan portfolio amounts to approximately HKD 118.6 million, with secured loans at HKD 84.9 million and unsecured loans at HKD 33.7 million[15] - The expected credit loss and impairment loss for the year ended December 31, 2023, are approximately HKD 25.5 million and HKD 8.1 million, respectively, showing a decrease from HKD 35.3 million and HKD 42.8 million in 2022[16] Business Strategy and Development - The company aims to diversify its revenue sources by expanding into digital media marketing services and multi-channel network (MCN) operations since 2020[8] - The company aims to strengthen its financial business and actively develop its advertising business, particularly in digital media marketing and MCN services[19] - The company is actively seeking to enhance its flexibility in response to changing market conditions through the development of its lending services[10] Equity and Shareholder Information - The total equity of the company as of December 31, 2023, was approximately HKD 181,400,000, a decrease from HKD 205,600,000 in 2022, primarily due to a loss of HKD 37,400,000[39] - As of December 31, 2023, the company had no distributable reserves available for shareholders[103] - The company does not recommend the payment of dividends for the year ended December 31, 2023, maintaining financial resources for future business development[26] - The company raised approximately HKD 531,130,000 through a public offering, with a net amount of about HKD 518,270,000 after expenses[28] Governance and Compliance - The company’s governance practices comply with the Hong Kong Stock Exchange's corporate governance code, with some deviations noted[49] - The board of directors is responsible for preparing the financial statements in accordance with statutory requirements and applicable accounting standards[80] - The company has established appropriate policies and monitoring measures to ensure compliance with relevant regulations and effective risk management[73] - The external auditor, KPMG, is responsible for evaluating the adequacy of risk management and internal control systems[76] - The company has maintained a directors' liability insurance policy to provide appropriate protection against legal actions[114] Employee and Board Information - The company employed 70 staff members as of December 31, 2023, an increase from 46 in 2022[44] - The board of directors includes six executive directors and three independent non-executive directors, with changes in the board composition expected in early 2024[106][108] - The company recognizes employees as valuable assets and provides competitive compensation to attract and retain talent, regularly reviewing remuneration practices[124] Market and Economic Outlook - The outlook for 2024 indicates continued global economic recovery, but challenges remain due to geopolitical tensions and economic indicators suggesting potential difficulties ahead[19] Risk Management - The company has faced risks related to regulatory approvals for advertising licenses and exclusive advertising rights, which could impact its business outlook[125] - The company has not encountered any significant non-compliance with applicable laws and regulations that would materially affect its operations during the year[123] Financial Reporting and Audit - The financial statements for the year ending December 31, 2023, were audited by KPMG, confirming that they fairly represent the financial position and performance of the group[130][134] - The group recognizes revenue upon the transfer of control of goods or services to customers at the fulfillment of performance obligations[178] - The group applies the equity method for investments in associates and joint ventures, adjusting the carrying amount for the group's share of profits or losses[173]

Financial Performance - The total revenue for the year ended December 31, 2023, was HKD 38,379,000, a decrease of 47.5% compared to HKD 73,163,000 in 2022[3] - Gross profit for the same period was HKD 11,231,000, down 72.8% from HKD 41,243,000 in the previous year[3] - The company reported a loss before tax of HKD 40,465,000, an improvement from a loss of HKD 87,294,000 in 2022[3] - The net loss for the year was HKD 37,397,000, compared to a net loss of HKD 89,263,000 in the prior year, indicating a significant reduction in losses[4] - Basic and diluted loss per share for 2023 was HKD 0.032, compared to HKD 0.13 in 2022[4] - The company reported a segment loss of HKD 34,673,000 in the lending division for 2023, compared to a profit of HKD 2,668,000 in 2022[20] - The company incurred a pre-tax loss of HKD 40,465,000 in 2023, compared to a loss of HKD 87,294,000 in 2022, showing an improvement of 53.7%[20] - The company reported a pre-tax loss of HKD 23,279,000 for 2023, compared to a loss of HKD 82,473,000 in 2022, indicating a significant improvement[32] - The loss attributable to the owners of the company decreased by approximately 71.8% to about HKD 23,300,000 for the year ended December 31, 2023, from a loss of approximately HKD 82,500,000 in 2022[58] Revenue Breakdown - Advertising service revenue dropped to HKD 26,787,000 in 2023 from HKD 50,239,000 in 2022, representing a decline of 46.8%[15] - Revenue from external customers in China fell to HKD 10,678,000 in 2023 from HKD 45,574,000 in 2022, a decrease of 76.5%[25] - Revenue from advertising and marketing services was approximately HKD 26,800,000, representing about 69.8% of total revenue[48] - The group's total revenue from advertising services and book and magazine sales for the year ended December 31, 2023, was approximately HKD 26,800,000, a decrease of 46.6% compared to approximately HKD 50,200,000 for the year ended December 31, 2022[55] Assets and Liabilities - Total assets as of December 31, 2023, were HKD 354,777,000, a decrease from HKD 394,403,000 in 2022[6] - The company's net asset value decreased to HKD 181,445,000 from HKD 205,597,000 in the previous year[7] - The company’s cash and cash equivalents decreased to HKD 41,027,000 from HKD 82,994,000 in 2022[6] - The total amount of loans receivable decreased to HKD 178,795,000 in 2023 from HKD 188,975,000 in 2022, with a provision for expected credit losses increasing from HKD 42,716,000 to HKD 60,156,000[40] - As of December 31, 2023, the group's non-current liabilities were approximately HKD 20,400,000, a decrease from HKD 22,700,000 in 2022[71] - The total equity of the group as of December 31, 2023, was approximately HKD 181,400,000, down from HKD 205,600,000 in 2022, primarily due to a loss of approximately HKD 37,400,000 for the year[69] Expenses - The company’s administrative expenses increased significantly to HKD 42,888,000 from HKD 22,818,000 in the previous year[3] - The company’s administrative expenses increased to HKD 17,777,000 in 2023 from HKD 5,317,000 in 2022, an increase of 234.5%[20] - Administrative expenses rose by approximately 88.2% to about HKD 42,900,000 for the year ended December 31, 2023, from approximately HKD 22,800,000 in 2022, attributed to higher employee costs and legal and professional fees[56] - The company’s employee costs, including directors' remuneration, increased significantly to HKD 27,020,000 in 2023 from HKD 13,282,000 in 2022[29] - The group's sales and distribution costs increased by approximately 117.4% to about HKD 5,000,000 for the year ended December 31, 2023, compared to approximately HKD 2,300,000 in 2022, primarily due to increased employee costs[56] Investments and Future Plans - The company plans to strengthen its financial services and actively develop its advertising business, particularly in digital media marketing and MCN services[53] - The company plans to utilize the remaining net proceeds from the subscription of new shares for expanding its advertising business, particularly in digital media marketing services[63] - The group recorded a fair value gain on trading investments of approximately HKD 12,100,000 for the year ended December 31, 2023, compared to a fair value loss of approximately HKD 30,700,000 in 2022[55] - As of December 31, 2023, the group's trading investments amounted to approximately HKD 65,200,000, an increase from HKD 35,300,000 in 2022[67] Market Conditions and Risks - The company anticipates challenges in the global economy due to ongoing geopolitical tensions and expects a slight slowdown in China's economic growth in 2024[53] - The board believes that the future performance of the group's listed investments will be unstable and significantly influenced by the overall economic environment and market conditions[68] Dividends and Shareholder Returns - The company did not declare or propose any dividends for 2023, consistent with 2022[33] - The company does not recommend the payment of dividends for the year ended December 31, 2023, in order to retain financial resources for future business development[58] Employee and Operational Metrics - The number of employees increased to 70 as of December 31, 2023, from 46 in 2022[76] - The average credit period for payables remained at 90 days for both 2023 and 2022[42] - The average credit period for accounts payable was 61 days, consistent with the previous year[44]

Financial Performance - Revenue for the six months ended June 30, 2023, was HKD 21,828,000, a decrease of 31.6% compared to HKD 31,912,000 in the same period of 2022[3] - Gross profit for the same period was HKD 1,478,000, down 92.3% from HKD 19,166,000 year-on-year[3] - The company reported a net loss of HKD 8,958,000 for the six months ended June 30, 2023, compared to a net loss of HKD 29,724,000 in the prior year, representing a 69.8% improvement[3] - The company reported a total comprehensive loss of HKD 10,839,000 for the six months ended June 30, 2023, compared to HKD 25,260,000 in the previous year, reflecting a 57.0% improvement[6] - The company reported a net loss attributable to shareholders of HKD 4,800,000 for the six months ended June 30, 2023, compared to a net loss of HKD 32,258,000 for the same period in 2022[28] - The company reported a pre-tax loss of HKD 8,941,000 for the period, influenced by various factors including financing costs and losses from joint ventures[21] - The company experienced a pre-tax loss of HKD 29,724,000 for the six months ended June 30, 2023, an improvement from a pre-tax loss of HKD 32,258,000 in the same period of 2022[28] - The overall gross profit margin for the six months ended June 30, 2023, was approximately 6.8%, down from about 60.1% for the same period in 2022[52] Assets and Liabilities - The company's total assets decreased to HKD 366,628,000 as of June 30, 2023, down from HKD 394,403,000 at the end of 2022[8] - Current liabilities decreased to HKD 187,957,000 from HKD 198,923,000, indicating a reduction of 5.0%[8] - The company's equity attributable to owners decreased to HKD 210,384,000 from HKD 217,498,000, a decline of 3.2%[9] - The company's total receivables as of June 30, 2023, amounted to HKD 57,951,000, a decrease from HKD 62,376,000 as of December 31, 2022[29] - As of June 30, 2023, the group's total equity was approximately HKD 194,800,000, a decrease from HKD 205,600,000 as of December 31, 2022, primarily due to a loss of approximately HKD 9,000,000 during the period[63] - As of June 30, 2023, the group's non-current liabilities were approximately HKD 20,700,000, down from HKD 22,700,000 as of December 31, 2022[63] - The capital-to-debt ratio as of June 30, 2023, was approximately 51.7%, slightly down from 51.9% as of December 31, 2022[63] Cash Flow - For the six months ended June 30, 2023, the company reported a net cash outflow from operating activities of HKD 14,898,000, compared to HKD 14,182,000 for the same period in 2022, indicating a slight increase in cash burn[15] - The cash and cash equivalents at the end of the period were HKD 52,818,000, a decrease from HKD 82,994,000 at the beginning of the period, reflecting a net cash decrease of HKD 20,606,000[15] - The company’s financing activities resulted in a net cash outflow of HKD 5,708,000 for the six months ended June 30, 2023, compared to a net inflow of HKD 17,457,000 in the same period of 2022[15] - The group had cash and bank balances of approximately HKD 52,800,000 as of June 30, 2023, compared to HKD 83,000,000 as of December 31, 2022[66] Revenue Breakdown - Total revenue for the six months ended June 30, 2023, was HKD 21,828,000, with external sales from advertising services at HKD 9,089,000 and securities brokerage services at HKD 6,974,000[21] - Revenue from advertising and marketing services was approximately HKD 9,100,000, accounting for about 41.7% of total revenue[45] - Securities brokerage business generated a total of approximately HKD 7,000,000 in commission and interest income, representing about 32.1% of total revenue[46] - Revenue from advertising services for the same period was approximately HKD 9,100,000, a decrease of about 28.3% compared to approximately HKD 12,700,000 for the six months ended June 30, 2022[52] - Revenue from securities brokerage, e-commerce, and lending businesses was approximately HKD 7,000,000, HKD 100,000, and HKD 5,600,000 respectively, with e-commerce revenue decreasing from approximately HKD 3,300,000 in the previous year[52] Operational Highlights - The company incurred a total segment loss of HKD 17,846,000 for the six months ended June 30, 2023, with the largest loss from securities brokerage services at HKD 7,931,000[21] - The company has actively expanded its digital media marketing services and multi-channel network (MCN) business since 2020 to diversify advertising revenue[44] - The company plans to actively develop its advertising business, particularly in digital media marketing and MCN services, in response to market expansion[50] - The company has decided to cease operations in the securities brokerage business due to ongoing losses[46] Management and Governance - The audit committee consists of three independent non-executive directors, chaired by Mr. Luo Zhihong, along with Mr. Liang Daxian and Mr. Wang Qingzhang[81] - The company has adopted a code of conduct for directors' securities trading, which meets or exceeds the standards set out in the listing rules[82] - The board of directors includes several executive and independent non-executive members, with Mr. Li Wei appointed on January 18, 2023[84] Other Financial Information - The company did not declare or recommend any interim dividend for the six months ended June 30, 2023, consistent with the same period in 2022[27] - The company granted a total of 73,000,000 share options on July 21, 2023, to certain qualified participants[68] - There were no significant acquisitions or disposals of subsidiaries during the six months ended June 30, 2023[61] - The company did not purchase, redeem, or sell any of its listed securities during the period[76]

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告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 SEEC MEDIA GROUP LIMITED 財訊傳媒集團有限公司 （於開曼群島註冊成立並於百慕達存續的有限公司） （股份代號：205） 截至二零二三年六月三十日止六個月 未經審核簡明綜合中期業績 財訊傳媒集團有限公司（「本公司」）董事會（「董事會」）欣然呈佈本公司及其附屬公司（「本集團」） 截至二零二二年六月三十日止六個月中期業績如下： 簡明綜合損益及其他全面收益表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收入 3 21,828 31,912 銷售成本 (20,350) (12,746) 毛利 1,478 19,166 其他收入 585 142 持作買賣之投資之公平值變動 (5,282) (19,445) 其他收益及虧損，淨額 4 10,898 (6,479) 銷售及分銷成本 (2,449) (1,317) ...

（於開曼群島註冊成立並於百慕達存續的有限公司） 2022 年 報 SEEC MEDIA GROUP LIMITED 財訊傳媒集團有限公司 ANNUAL REPORT 2022 年報 | 目錄 | | | --- | --- | | 公司資料 | 2 | | 董事報告 | 3 | | 管理層討論及分析 | 5 | | 企業管治報告 | 10 | | 董事簡歷 | 17 | | 董事會報告 | 18 | | 獨立核數師報告 | 24 | | 綜合損益及其他全面收益表 | 28 | | 綜合財務狀況表 | 29 | | 綜合權益變動表 | 30 | | 綜合現金流量表 | 32 | | 綜合財務報表附註 | 34 | | 財務摘要 | 98 | 1 財訊傳媒集團有限公司 年報 2022 目錄 公司資料 董事會 執行董事： 李亮先生 李曦先生 李煒先生（主席）（於二零二三年一月十八日獲委任） 李振先生 章知方先生 周洪濤先生 獨立非執行董事： 羅智鴻先生 梁達賢先生 王清漳先生 聯席公司秘書 鍾卓敏先生（自二零二一年十一月十九日起辭任） 蔣尚信先生 文潤華先生（自二零二一年十一月十九日起獲委任） 香港主要辦事處 九龍 ...