閩 聚金融 信 創未來 年度報告 ANNUAL REPORT 目錄 CONTENTS | | | 頁次 | | --- | --- | --- | | | | Pages | | 公司資料 | Corporate Information | 2 | | 五年財務摘要 | Five-Year Financial Summary | 5 | | 主席報告書 | Chairman's Statement | 8 | | 管理層討論及分析 | Management Discussion and Analysis | 12 | | 董事及高級管理人員個人簡歷 | Biographical Details of Directors and Senior Management | 25 | | 企業管治報告 | Corporate Governance Report | 35 | | 風險管理及內部監控披露報告 | Risk Management and Internal Control Report | 65 | | 董事會報告 | Report of the Directors | 73 | | 獨立核數師報告 | I ...

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，概不對因本公告全 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。 2024 年度業績公告 財務摘要 閩信集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本公司及 其附屬公司（統稱「本集團」）截至2024年12月31日止年度之綜合業績。 • 股東應佔溢利港幣8,770萬元，上升122.5% • 每股基本盈利港幣14.68仙 • 總資產下跌2.8%至港幣89.2億元 • 股東應佔權益總額下跌3.1%至港幣78.2億元 綜合損益表 截至2024年12月31日止年度 | | | 2024年 | 2023年 | | --- | --- | --- | --- | | | 註釋 | 港幣千元 | 港幣千元 | | 保險收入 | | 187,383 | 191,128 | | 按實際利率方法計算的利息收入 | | 13,023 | 10,847 | | 投資物業的租金收入 | | 7,970 | 8,132 | | 按公平值計入其他全面收益的金融資產 | | | ...

閩聚金融 信創未來 2024 INTERIM REPORT 中期報告 | --- | --- | --- | |------------|-----------------------|----------| | | | 目錄 | | | | CONTENTS | | | | 頁次 | | | | Pages | | 公司資料 | Corporate Information | 2 | | 主席報告書 | Chairman's Statement | 4 | 管理層討論及分析 Management Discussion and Analysis 8 企業管治及其他資料 Corporate Governance and Other Information 19 簡明綜合損益表 Condensed Consolidated Income Statement 28 簡明綜合全面收益表 Condensed Consolidated Statement of Comprehensive Income 29 簡明綜合財務狀況表 Condensed Consolidated Statement of Financial P ...

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，概不對因本公告全 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。 客户要求，請勿刪除。 英文版 3、字体：Times New Roman 4、字体大小： 公告 – 粗体 14 公告 容需要 加粗体，例如：定义、需要引起注意的 容等 中文版 3、字体：新 明体 4、字体大小： 公告 – 粗体 14 公告 容 – 13，需要 加粗体，例如：定义、需要引起注意的 容等 通用格式 1、边界（上下左右）：2.5公分、1.5公分、2.5公分、2.5公分 2、页首、页尾：1.2公分、0.8公分 9、 容与By Order of the Board之间：隔三行 10、 位与日期之间：隔两行 11、日期与董事信息之间：隔两行 12、页 格式：- 1 -，只有一页可以省略页 新 明体加粗方式，是加了0.3的 描邊 2024年度中期業績公告 財務摘要 | --- | --- | --- | |-------|----------------------------------------- ...

| --- | --- | --- | --- | |-------------------------------------|----------------------------------------------------------------|-------|-------| | | | | | | 擔任其他上市公司的董事 （公司數目） | Directorship with other listed companies (Number of companies) | | | | 1 | 1 | 2 | 25.0% | | 0 | 0 | 6 | 75.0% | Board Composition (Continued) 二零二三年年報 Annual Report 2023 39 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------ ...

香港會計準則第1號修訂以「重大會計政策資料」取代所有「重大會計政策」一詞。 如果會計政策資料與實體的財務報表中包含的其他資料一並考慮時，可以合理地預 期會影響通用財務報表的主要使用者根據這些財務報表做出的決策，則該會計政策 資料是重要的。 預計初始應用該修訂不會對本集團的財務狀況或業績產生重大影響。 本集團有下列須呈報分部： – 策略投資：包括華能國際電力股份有限公司（「華能」）A股投資、高新技術項 目及次級資本工具和債券。 在評估分部表現及分配分部間的資源時，本集團主要營運決策人按下列基準監控各 呈報分部的業績、資產及負債： | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------|-------------------|-------------------|---------------|----------------|------------------|----------- ...

2023 Interim Report 中期報告 信 創未來 閩 聚金融 Website 網址 www.minxin.com.hk Email 電郵 mxhl.enquiry@minxin.com.hk 17th Floor, Fairmont House 8 Cotton Tree Drive Central, Hong Kong 香港中環紅棉路8號東昌大廈17樓 Tel 電話 (852) 2521 5671 Fax 傳真 (852) 2530 5488 目錄 CONTENTS | | | Pages | | --- | --- | --- | | 公司資料 | Corporate Information | 2 | | 主席報告書 | Chairman's Statement | 4 | | 管理層討論及分析 | Management Discussion and Analysis | 8 | | 企業管治及其他資料 | Corporate Governance and Other Information | 18 | | 簡明綜合損益表 | Condensed Consolidated Income S ...

9 股息 | --- | --- | --- | |----------------------|----------------------|---------------------| | | 2023 年 6 月 30 日 | 2022 年 12 月 31 日 | | | 港幣千元 | 港幣千元 | | 小額貸款業務 | | | | 擔保貸款 | 87,819 | 93,977 | | 抵押貸款 | 63,858 | 68,825 | | 質押及擔保貸款 | 10,378 | 10,866 | | 抵押、質押及擔保貸款 | 4,108 | 4,301 | | 已信貸減值的客戶貸款 | 166,163 | 177,969 | | 已信貸減值的應收利息 | 7,356 | 8,008 | | | 173,519 | 185,977 | | 減值準備 | (158,490) | (170,056) | | | 15,029 | 15,921 | – 15 – 2023年上半年，國際地緣政治局勢不穩及衝突持續、美國緊縮貨幣政策、主要央 行多次加息行動、以及通脹壓力，令經濟活動持續受壓，營商環境充滿挑戰。 面對宏 ...

Financial Assets and Investments - Financial assets at fair value through other comprehensive income increased from HK$805,914,000 in 2021 to HK$606,943,000 in 2022, a decrease of 24.7%[3] - Financial assets at fair value through profit or loss remained stable at HK$742,080,000 in 2022 compared to HK$742,997,000 in 2021[3] - Financial assets at amortised cost increased from HK$966,034,000 in 2021 to HK$1,053,717,000 in 2022, an increase of 9.1%[3] - Investments in associates in Mainland China decreased from HK$6,778,417,000 in 2021 to HK$6,550,270,000 in 2022, a decline of 3.4%[17] - Net realised and unrealised gains on financial assets at fair value through profit or loss increased from HK$14,996,000 in 2021 to HK$17,737,000 in 2022, a rise of 18.3%[19] - Non-current assets increased to HK$7,830,535,000 in 2022 from HK$7,792,705,000 in 2021, driven by growth in financial assets at fair value through other comprehensive income and investment properties[136] - Financial assets at fair value through other comprehensive income declined to HK$606,943,000 in 2022 from HK$805,914,000 in 2021[136] - Investment properties decreased slightly to HK$173,342,000 in 2022 from HK$175,626,000 in 2021[136] Insurance Business - Net earned insurance premiums increased from HK$196,155,000 in 2021 to HK$202,672,000 in 2022, a growth of 3.3%[5] - Net insurance claims incurred for the current year amounted to HK$17.355 million, with reinsurance reducing the net amount to HK$15.898 million[23] - Additional costs for prior years' claims and loss adjustment expenses were HK$29.248 million, with reinsurance reducing the net amount to HK$25.194 million[23] - The increase in claims incurred but not reported was HK$8.833 million, with reinsurance reducing the net amount to HK$7.319 million[23] - The expected cost of claims for unexpired risks increased by HK$55.436 million, with reinsurance reducing the net amount to HK$48.411 million[23] - The risk exposure (total insurance liabilities, net) of Min Xin Insurance at the end of 2022 was HK$203.19 million, a 19.8% increase compared to HK$169.61 million at the end of 2021[34] - Min Xin Insurance has 16 treaty-reinsurers with credit ratings above A- as of 31 December 2022[36] - Net insurance claims incurred and commission expenses increased to HK$146,781 thousand in 2022 from HK$132,184 thousand in 2021[51] - Insurance contracts under current liabilities increased to HK$154,050,000 in 2022 from HK$121,697,000 in 2021[136] Revenue and Income - Interest income calculated using the effective interest method rose from HK$156,160,000 in 2021 to HK$168,186,000 in 2022, an increase of 7.7%[5] - Revenues from external customers in Hong Kong increased from HK$68,931,000 in 2021 to HK$74,178,000 in 2022, a growth of 7.6%[17] - Total revenues for 2022 were HK$181,309 thousand, a decrease from HK$187,934 thousand in 2021[51] - Operating income for 2022 was HK$215,235 thousand, slightly lower than HK$217,854 thousand in 2021[51] - Profit before taxation for 2022 was HK$461,855 thousand, down from HK$509,973 thousand in 2021[51] - Profit for the year decreased to HK$446,365 thousand in 2022 from HK$495,931 thousand in 2021[134] - Other comprehensive income for 2022 showed a net movement in fair value reserve of HK$(222,565) thousand, compared to a positive HK$444,913 thousand in 2021[134] - Exchange translation reserve recorded a loss of HK$602,256 thousand in 2022, compared to a gain of HK$225,409 thousand in 2021[134] - Total comprehensive income for the year was a loss of HK$390,984 thousand in 2022, compared to a gain of HK$1,176,216 thousand in 2021[134] - Profit for the year decreased from HK$495,931,000 in 2021 to HK$446,365,000 in 2022, a decline of 10%[142] Cash Flow and Financing - Net cash outflow from financing activities in 2022 was HK$225,007 thousand, compared to a net inflow of HK$258,777 thousand in 2021[55] - Bank loans obtained in 2022 amounted to HK$734,721 thousand, an increase from HK$626,496 thousand in 2021[55] - Cash and cash equivalents at the end of 2022 were HK$235,285 thousand, down from HK$466,989 thousand at the end of 2021[55] - Net cash inflow from operating activities rose from HK$28,361,000 in 2021 to HK$42,635,000 in 2022, an increase of 50.3%[145] - Dividends received from associates surged from HK$4,754,000 in 2021 to HK$177,635,000 in 2022, a significant increase of 3,636%[145] - Net cash outflow from investing activities decreased from HK$146,695,000 in 2021 to HK$21,815,000 in 2022, a reduction of 85.1%[145] - Net cash inflow before financing activities improved from a net outflow of HK$118,334,000 in 2021 to a net inflow of HK$20,820,000 in 2022[145] Expenses and Costs - Administrative expenses for 2022 were HK$55,372 thousand, slightly higher than HK$54,903 thousand in 2021[51] - The company's five highest paid employees received a total remuneration of HK$10.722 million in 2022, compared to HK$10.719 million in 2021[82] - The company paid HK$1.88 million to Vigour Fine, its controlling shareholder, for management services in both 2022 and 2021[80] - Gross commissions paid and payable amounted to HK$94,067 thousand in 2022, compared to HK$85,857 thousand in 2021[121] - Net commission expenses for insurance business were HK$89,090 thousand in 2022, up from HK$83,773 thousand in 2021[121] - Commissions received and receivable from reinsurers decreased to HK$4,977 thousand in 2022 from HK$2,084 thousand in 2021[121] - Operating profit for 2022 includes a net exchange loss of HK$27,689 thousand, compared to a net exchange gain of HK$3,644 thousand in 2021[124] - Rental income from investment properties decreased to HK$9,301 thousand in 2022 from HK$9,935 thousand in 2021, with direct outgoings also decreasing to HK$791 thousand from HK$936 thousand[124] - Staff costs, including directors' emoluments, slightly decreased to HK$39,625 thousand in 2022 from HK$39,775 thousand in 2021, with retirement benefit costs increasing to HK$1,567 thousand from HK$1,313 thousand[124] - Auditor's remuneration increased to HK$3,110 thousand in 2022 from HK$2,466 thousand in 2021, with provisions for the current year also increasing to HK$2,772 thousand from HK$2,127 thousand[124] - Depreciation and amortisation expenses decreased to HK$1,978 thousand in 2022 from HK$2,096 thousand in 2021, with property, plant, and equipment depreciation decreasing to HK$1,448 thousand from HK$1,528 thousand[124] Dividends and Shareholder Information - Final dividend for 2022 remained unchanged at HK$71,671 thousand, the same as in 2021[51] - Earnings per share (basic and diluted) for 2022 were 74.74 HK cents, down from 83.03 HK cents in 2021[51] - The company's proposed final dividend for 2022 is subject to shareholder approval at the 2023 AGM, with the register of members closing from 28 June to 30 June 2023[92] - The company's proposed dividend for 2022 remained consistent at HK$71,671,000, the same as in 2021[142] Financial Reporting and Compliance - The consolidated financial statements for 2022 were prepared in accordance with Hong Kong Financial Reporting Standards (HKFRSs) and the Hong Kong Companies Ordinance[97] - The audit of the consolidated financial statements was conducted in accordance with Hong Kong Standards on Auditing (HKSAs)[98] - The directors are responsible for assessing the Group's ability to continue as a going concern and disclosing related matters[110] - The auditor evaluated the appropriateness of accounting policies and the reasonableness of accounting estimates made by the directors[117] - The Group's financial information details are provided in note 17 of the consolidated financial statements[102] - The directors confirmed the independence of all independent non-executive directors as per the Hong Kong Listing Rules[94] - The company's public float has been maintained as required under the Listing Rules during the year and up to the date of the annual report[86] - The company continues to adopt the going concern basis of accounting, expecting adequate resources for operational existence in the foreseeable future[149] - The consolidated financial statements are prepared under the historical cost convention, except for certain assets and liabilities stated at fair value[149] - The Group has adopted amendments to HKFRSs issued by the HKICPA, including improvements to HKFRSs 2018-2020[155][156] - HKFRS 17 Insurance Contracts and related amendments establish principles for recognition, measurement, presentation, and disclosure of insurance contracts, replacing HKFRS 4[168] - Amendments to HKFRS 17 defer the initial application date to annual reporting periods beginning on or after 1 January 2023[168] - Amendments to HKFRS 4 extend the temporary exemption from applying HKFRS 9 to annual reporting periods beginning on or after 1 January 2023[168] - The HKICPA issued amendments to HKFRS 17 in February 2022 to address implementation challenges, particularly regarding comparative information[168] - New standards and amendments issued by the HKICPA are not yet effective for the financial year ending 31 December 2022 and have not been early adopted[166] - Amendments to HKAS 1 regarding the classification of liabilities as current or non-current will be effective for annual periods beginning on or after 1 January 2023[167] - Amendments to HKFRS 16 regarding lease liabilities in sale and leaseback transactions will be effective for annual periods beginning on or after 1 January 2024[167] - The Group adopted HKFRS 17 on 1 January 2023, which brings significant changes to the measurement of insurance contract liabilities and requires greater coordination between finance, actuarial, and IT functions[171] - The Group uses three measurement methods for insurance contracts: the General Measurement Model (GMM), the Variable Fee Approach, and the Premium Allocation Approach (PAA), with PAA being a simplified method for short-term contracts[172] - Under HKFRS 17, the Group measures the time value of money using discount rates that reflect the liquidity characteristics of insurance contracts and cash flow characteristics, consistent with observable market prices[174] - The Group applied the modified retrospective approach for the initial application of HKFRS 17 due to the impracticality of obtaining reasonable and supportable information for estimating fulfilment cash flows[178] - The Group expects to apply the PAA to all insurance contracts issued and reinsurance contracts held, with no significant impact on financial position and performance except for presentation and disclosures[178] - The amendments to HKAS 1 and HKFRS Practice Statement 2 replace "significant accounting policies" with "material accounting policy information," which may influence decisions made by primary users of financial statements[180] - Accounting policy information may be material due to the nature of related transactions, even if the amounts are immaterial[180] - The amendments to HKAS 8 define accounting estimates as "monetary amounts in financial statements that are subject to measurement uncertainty"[184] - The Group uses the acquisition method of accounting for business combinations, with consideration transferred based on fair value of assets, liabilities, and equity interests[186] - Identifiable assets acquired and liabilities assumed in a business combination are measured initially at fair value at the date of acquisition[186] - Changes in the Group's interests in a subsidiary that do not result in a loss of control are accounted for as equity transactions[186] - When the company loses control of a subsidiary, it is accounted for as a disposal of the entire interest, with gains or losses recognized in the consolidated income statement[191] - Any retained interest in a former subsidiary is recognized at fair value upon loss of control, treated as a financial asset or investment in an associate[191] - Intra-group transactions, balances, and unrealized profits are fully eliminated in the preparation of consolidated financial statements[192] - Non-controlling interests are presented separately within equity in the consolidated statement of financial position[194] - Loans from non-controlling interest holders are presented as financial liabilities in the consolidated statement of financial position[194] - Investments in subsidiaries are stated at cost less impairment losses in the company's statement of financial position[194] - An associate is defined as an entity where the company has significant influence but not control or joint control over its management[197] Group Structure and Operations - The Group's banking business accounted for 69.7% of the Group's total assets at the end of 2022[33] - The Group's risk exposures in major financial instruments at the end of 2022 were: Stocks: HK$0.2 million, Funds: HK$20.3 million, Structured deposits: RMB635.9 million (equivalent to HK$719.8 million)[36] - The Group's internal controls are designed to improve operational efficiency, prevent misuse of assets, maintain proper accounting records, and ensure compliance with relevant laws and regulations[39] - The impact of COVID-19 on the Group in 2022 was limited, with minimal effects on the businesses of Fujian Minxin Investments Co., Ltd. and Sanyuan Micro Credit, and Min Xin Insurance[39] - The company's five largest suppliers accounted for less than 30% of total purchases, and its five largest customers accounted for less than 30% of total revenue in 2022[85] - The company's charitable and community donations amounted to approximately HK$5,000 in both 2022 and 2021[86] - The company's subsidiary, Min Xin Insurance Company Limited, is subject to the Insurance Authority's supervision and must comply with the Insurance Ordinance's gross premium income limit[85] - The company's bank borrowings and loan from the controlling shareholder at 31 December 2022 are detailed in Notes 28 and 29 of the consolidated financial statements[85] - Mr. Huang Wensheng was appointed as Vice Chairman of the Board and Executive Director effective from 28 February 2023[120] Equity and Liabilities - Total equity attributable to shareholders decreased to HK$8,252,100,000 in 2022 from HK$8,714,581,000 in 2021, reflecting a decline in other reserves[139] - Retained profits increased to HK$5,023,449,000 in 2022 from HK$4,713,622,000 in 2021, indicating improved profitability[139] - Non-current liabilities rose to HK$313,939,000 in 2022 from HK$124,973,000 in 2021, mainly due to new bank borrowings[139] - Share capital remained unchanged at HK$1,715,377,000 in both 2022 and 2021[139] - Total equity increased from HK$7,598,091,000 in 2021 to HK$8,714,581,000 in 2022, reflecting a growth of 14.7%[142] - The company's statutory reserve grew from HK$1,004,410,000 in 2021 to HK$1,046,875,000 in 2022, an increase of 4.2%[142] - Retained profits increased from HK$4,370,646,000 in 2021 to HK$4,713,622,000 in 2022, reflecting a growth of 7.8%[142] - The fair value reserve (non-recycling) decreased from HK$583,691,000 in 2021 to HK$373,176,000 in 2022, a decline of 36.1%[142]

2022年度業績公告 | --- | --- | |-------|--------------------------------------------| | | | | • | 股東應佔溢利港幣 44,637 萬元，下跌 10% | | • | 每股基本盈利港幣 74.74 仙 | | • | 總資產下跌 3.4% 至港幣 93.4 億元 | | • | 股東應佔權益總額下跌 5.3% 至港幣 82.5 億元 | | • | 建議派發末期股息每股普通股港幣 12 仙 | 摘錄自根據香港財務報告準則編制的截至2022年12月31日止年度經審核之綜合 財務報表的財務資料如下： 綜合損益表 截至2022年12月31日止年度 – 2 – 2022年 2021年 本年度溢利 446,365 495,931 不會重新分類至損益表的項目： 應佔聯營公司的其他全面收益 12,050 (1,010) 其後可能重新分類至損益表的項目： (626,834) 236,382 – 3 – 8,566,039 8,839,554 | --- | --- | --- | --- | |------------------------ ...