Incorporated in the Cayman Islands with limited liability 於開曼群島註冊成立之有限公司 Stock Code 股票代號：290 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|-------|-------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | | | | | | | | | | | INTERIM REPORT | | | | | | | | | | | | 中期報告 | CONTENTS 目錄 CONTENTS 目錄 2 CORPORATE INFORMATION 公司資料 5 INDE ...

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之任何損失承擔任何責任。 國富創新有限公司 GoFintech Innovation Limited （於開曼群島註冊成立之有限公司） （股份代號：290） 網址：https://290.com.hk 截至二零二四年九月三十日止六個月之 中期業績公告 國富創新有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其 附屬公司（統稱「本集團」）截至二零二四年九月三十日止六個月（「本期間」）之未 經審核業績及二零二三年同期之比較數字。本集團之本期間未經審核中期財務資 料已獲董事會審核委員會（「審核委員會」）及本公司外部核數師審閱。 1 簡明綜合損益及其他全面收益表 截至二零二四年九月三十日止六個月 | --- | --- | --- | --- | |-------------------------------------------|-------|-------------------------------- ...

| --- | --- | |-------|---------------------------------| | | | | | a. Further expanding the margin | | --- | --- | --- | --- | --- | |---------------------------------------------------------|----------------------------------|----------------------------|--------------------------|---------------------| | | | | | | | Tranche 2 of the Convertible Bonds to Riverhead Capital | | | 第二批江先資本可換股債券 | | | | Approximate amount of | | | | | | proceeds intended to be applied | Utilised proceeds | | | | | for each of ...

收回應收貸款 – 特定金融資產或具有類似特徵之類似金融資產之信貸風險之外部市場指標發 生重大變動；及 於本報告年度，本集團於資產管理方面錄得分部收入約4,784,000港元（二零二三年： 約10,885,000港元），較二零二三年減少約56.05%。分部收入減少主要由於本報告 年度賺取的管理費收入減少。本報告年度分部虧損約為1,262,000港元（二零二三年： 約91,000港元）。 23 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之任何損失承擔任何責任。 國富創新有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附屬 公司（統稱「本集團」）截至二零二四年三月三十一日止年度之綜合年度業績及去 年之比較數字如下： 1 本年度其他全面開支（扣除稅項） (6,440) (6,377) －攤薄 10 (0.91) (2.84) 3 1. 一般資料 截至二零二四年三月三十一日止年度之綜合財務報表已於二零二四年六月二十六日獲董事 會批准。 5 4. 分部資料 截至 ...

We have reviewed the interim financial information set out on pages 7 to 45 which comprises the condensed consolidated statement of financial position of GoFintech Innovation Limited (the "Company") and its subsidiaries (collectively referred to as the "Group") as at 30 September 2023 and the related condensed consolidated statement of profit or loss and other comprehensive income, condensed consolidated statement of changes in equity and condensed consolidated statement of cash flows for the six-month peri ...

國富創新有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附屬 公司（統稱「本集團」）截至二零二三年九月三十日止六個月（「本期間」）之未經審 核業績及二零二二年同期之比較數字。本集團之本期間未經審核中期財務資料已 獲董事會審核委員會（「審核委員會」）及本公司外部核數師審閱。 | --- | --- | --- | --- | |------------------------------------------------------------------------|-------|-------------------------------------------------------------|--------------------------------| | | 附註 | 截至九月三十日止六個月 \n二零二三年 千港元 （未經審核） | 二零二二年 千港元 （未經審核） | | 收入 按公平值列入損益賬（「 按公平值列入損益賬 」） | 3 | 18,349 | 14,695 | | 之投資虧損淨額 | | (9,661) | (450) | | 經紀與其他服務之成本 | ...

1 華暘先生自二零二三年一月四日起獲委 任為首席執行官。 韓瀚霆先生 陳志偉先生 （於二零二二年十一月十一日被罷免） 吳 凌先生 （於二零二二年九月二十七日退任） 2 國富創新有限公司 CORPORATE INFORMATION (Continued) 公司資料（續） CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE 創興銀行有限公司 中國建設銀行（亞洲）股份有限公司 上海浦東發展銀行股份有限公司， 香港分行 廣發銀行股份有限公司，香港分行 東亞銀行有限公司 二零二三年年報 5 充分利用香港融入國家發 展大局的歷史機遇 TAKING ADVANTAGE OF HONG KONG'S INTEGRATION INTO THE OVERALL DEVELOPMENT OF THE COUNTRY 二零二二年，國際地緣政治及全球營商環 境面臨巨大挑戰。俄烏衝突持續，全球地 緣風險加劇，緊張局勢致使能源及原材料 價格飈漲、歐美通脹率上升。通脹持續， 美國聯儲局加快加息步伐，利息率高企， 導致全球金融市場低迷，多個主要股票市 場下跌，全球經濟放緩。 ...

香港財務報告準則二零一八年至二零二零年之年度改進 香港財務報告準則第1號：附屬公司作為首次採納者 香港會計準則第41號：公平值計量之稅項 於此等綜合財務報表之授權刊發日期，若干新訂及經修訂香港財務報告準則經已刊發但尚 未生效，且未被本集團提早採用。 1 於二零二三年一月一日或之後開始之年度期間生效。 2 該等修訂本應按未來適用法應用於待定日期或之後開始之年度期間進行的資產出售 或注資。 3 於二零二四年一月一日或之後開始之年度期間生效。 6 二零二三年 二零二二年 千港元 千港元 （經重列） 收入即因正常業務過程中所提供服務而已收取及應收款項之淨額。本集團截至二零二三年 及二零二二年三月三十一日止年度收入之分析如下： 1 | --- | --- | --- | --- | |--------------------------------------|-------|-----------------------|---------------------| | | 附註 | 二零二三年 \n千港元 | 二零二二年 \n千港元 | | | | | | | 收入 | 3, 4 | 26,943 | 58,487 ...

Revenue Performance - Revenue from securities brokerage business decreased to HKD 2,913 thousand in 2023 from HKD 32,455 thousand in 2022, a significant drop[16] - Interest income from lending business declined to HKD 2,788 thousand in 2023 from HKD 8,348 thousand in 2022[16] - Asset management business revenue increased to HKD 10,885 thousand in 2023 from HKD 4,583 thousand in 2022[16] - Corporate finance service revenue decreased to HKD 5,444 thousand in 2023 from HKD 6,844 thousand in 2022[16] - Total revenue for 2023 was HKD 26,943 thousand, down from HKD 58,487 thousand in 2022[16] - Total revenue and net investment loss decreased by approximately 59.68% from HKD 55,336,000 in FY2022 to HKD 22,313,000 in FY2023, primarily due to a decline in underwriting business and reduced loan issuance[61] - Securities brokerage and margin financing revenue dropped by approximately 80.36% from HKD 37,222,000 in FY2022 to HKD 7,309,000 in FY2023[62] - Corporate finance segment revenue (excluding inter-segment revenue) decreased by approximately 20.46% from HKD 6,844,000 in FY2022 to HKD 5,444,000 in FY2023, with a segment profit of HKD 14,446,000 compared to a segment loss of HKD 11,652,000 in FY2022[63] - Advisory and insurance brokerage services revenue decreased by approximately 34.54% from HKD 1,242,000 in FY2022 to HKD 813,000 in FY2023[72] - Revenue for the year ended March 31, 2023, was HKD 26.94 million, a significant decrease from HKD 58.49 million in the previous year[177] - Total revenue for 2023 was HK$26.943 million, a significant decrease from HK$58.487 million in 2022[195] - Asset management business revenue increased to HK$10.651 million in 2023 from HK$4.583 million in 2022[195] - Securities brokerage revenue dropped sharply to HK$2.913 million in 2023 from HK$32.455 million in 2022[195] - Corporate finance service revenue rose to HK$2.236 million in 2023 from HK$1.100 million in 2022[195] Interest Expenses and Income - Interest expense on corporate bonds decreased to HKD 3,228 thousand in 2023 from HKD 7,764 thousand in 2022[21] - Total interest expenses decreased to HKD 5,136 thousand in 2023 from HKD 11,570 thousand in 2022[21] - The company recorded interest income from lending of approximately HK$2,788,000 in 2023, a decrease of 66.60% compared to HK$8,348,000 in 2022[41] Financial Performance and Losses - The company's basic and diluted loss per share for the reporting year was approximately HK$0.0558, compared to HK$0.0866 in the same period of 2022[39] - The company's pre-tax loss for 2023 was HK$58,863,000, compared to HK$79,534,000 in 2022[47] - The group reported a net loss of HKD 58.86 million for the year ended March 31, 2023, compared to a net loss of HKD 79.31 million in the previous year[177] - The basic and diluted loss per share for the year ended March 31, 2023, was HKD 5.58, compared to HKD 8.66 in the previous year[177] Asset and Liability Management - The company's trade receivables decreased to HK$30,397,000 in 2023 from HK$47,537,000 in 2022, with an expected credit loss of HK$14,604,000[51] - The company's receivable loans decreased to HK$12,247,000 in 2023 from HK$50,727,000 in 2022, with an expected credit loss of HK$4,906,000[30] - The company's current assets and current liabilities as of March 31, 2023, were approximately HKD 369,299,000 and HKD 177,169,000, respectively, with a current ratio of 2.08 times[120] - The fair value of investments as of March 31, 2023, was HKD 99,647,000, accounting for approximately 20.94% of the company's total assets[123] - Total current assets decreased to HK$369.299 million in 2023 from HK$492.586 million in 2022[183] - Total current liabilities reduced to HK$177.169 million in 2023 from HK$321.401 million in 2022[183] - Net current assets improved to HK$192.130 million in 2023 from HK$171.185 million in 2022[183] - Total assets minus current liabilities increased to HK$298.592 million in 2023 from HK$283.209 million in 2022[183] Capital and Share Issuance - The company issued 219,660,000 ordinary shares with a par value of HKD 0.10 each in January 2023, raising net proceeds of approximately HKD 56,820,000[59] - The company issued 183,000,000 ordinary shares at HKD 0.10 each, raising a net amount of approximately HKD 56,730,000[88] - The company issued 183,000,000 new shares at a subscription price of HKD 0.31 per share, representing approximately 19.99% of the total issued shares before the issuance[110][141] - Net proceeds from the share placement amounted to approximately HKD 56.82 million after deducting commissions and related expenses[147] Business Strategy and Operations - The company's strategy focuses on consolidating existing securities operations and collaborating closely with corporate finance and wealth management businesses to provide integrated financial services[40] - The company operates primarily in Hong Kong, with no significant regional revenue breakdown provided[20] - The company's operational segments include corporate finance, advisory, and insurance brokerage services[10] - The company's name was changed from "China Fortune Financial Group Limited" to "GoFintech Innovation Limited" to better reflect its future development direction[128] - The company plans to focus on financial technology innovation, expand business lines, and leverage opportunities in the Greater Bay Area and national policies like "Dual Circulation" and "Belt and Road"[139] Debt and Financing - The company repaid the outstanding principal and interest of HKD 153,585,000 for the PAL convertible bonds, which matured on March 30, 2020[77] - The company allocated HKD 180,000,000 from the first tranche of convertible bonds to fund and expand margin financing and underwriting business of a joint venture[75] - The third tranche of Jiangxian Capital convertible bonds was exercised at a conversion price of HKD 0.06, resulting in the issuance of 650,000,000 shares on January 14, 2019[76] - The company utilized HKD 60,000,000 for expanding margin financing and underwriting business, with no unused funds remaining[79] - HKD 120,000,000 allocated for establishing a joint venture in China under the "Closer Economic Partnership Arrangement" remains unused, pending regulatory approval[79] - HKD 150,000,000 was fully utilized for expanding the company's money lending business[79] - The company issued convertible bonds totaling HKD 570,000,000 in 2016, with subsequent tranches used for expanding margin financing and underwriting business[100][102] - The second tranche of Jiangxian Capital convertible bonds raised HKD 60,000,000, with HKD 50,000,000 allocated for margin financing and HKD 10,000,000 for underwriting business[102] - The capital gearing ratio decreased significantly to 12.40% as of March 31, 2023, compared to 70.85% in the previous year, primarily due to the repayment of corporate bonds and bank loans[151] - The debt ratio (total debt divided by total assets) was 37.69% as of March 31, 2023, down from 59.01% in the previous year[151] Investments and Financial Instruments - Equity investment segment recorded a net investment loss of HKD 4,500,000 in FY2023, an increase of approximately 60.20% compared to a loss of HKD 2,809,000 in FY2022[73] - The group held financial assets at fair value through profit or loss of approximately HKD 71.49 million as of March 31, 2023, compared to HKD 5.39 million in the previous year[152] - The net loss on financial instruments was HKD 4.63 million for the year ended March 31, 2023, compared to HKD 3.15 million in the previous year[152] Employee and Operational Costs - Employee costs decreased to HKD 36.12 million for the year ended March 31, 2023, from HKD 43.99 million in the previous year, with the number of employees reduced to 55 from 69[158] Regulatory and Compliance - The company delayed the publication of its 2023 annual results due to allegations from a major shareholder[2] - The company's licensed subsidiaries maintained compliance with Hong Kong's Securities and Futures (Financial Resources) Rules regarding liquidity requirements[83] - The company's subsidiary must maintain a minimum net asset value of HKD 300,000 as a licensed insurance intermediary[119] - The group had no significant contingent liabilities as of March 31, 2023[156] Government Subsidies and Tax - The company recognized a government subsidy related to COVID-19 of HK$1,260,000 in 2023, which was associated with the Hong Kong government's employment support scheme[44] - The company's tax losses from certain subsidiaries in China amounted to approximately HK$17,704,000 as of March 31, 2023, with HK$4,414,000 of tax losses expiring during the year[24] Shareholder and Capital Structure - The company's weighted average number of ordinary shares used to calculate basic and diluted loss per share increased to 1,055,102,000 in 2023 from 915,308,000 in 2022[26] - The company's placement price of HKD 0.26 per share represented an 8.33% premium over the closing price of HKD 0.2400 on December 28, 2022[115] - The company's total unused funds for self-trading, private equity investments, and asset management businesses were fully utilized as of March 31, 2023[137] - Net asset value increased to HK$296.469 million in 2023 from HK$247.859 million in 2022[178] - Share capital grew to HK$131.797 million in 2023 from HK$91.531 million in 2022[178] Miscellaneous - The company had capital commitments of HKD 7,907,000 for financial assets at fair value through profit or loss as of the reporting date in FY2023, compared to none in FY2022[60] - The company's money lending business had five outstanding loans totaling HKD 50,500,000 with annual interest rates ranging from 12% to 15%[96] - The company's capital structure is regularly reviewed and adjusted in response to economic changes, ensuring sufficient liquidity for business operations[83] - The company's unused funds for margin financing, asset management, and lending businesses are expected to be utilized by December 2023, with amounts of HKD 2,000,000, HKD 1,030,000, and HKD 22,000,000, respectively[117]

(Formerly known as China Fortune Financial Group Limited 前稱中國富強金融集團有限公司) Incorporated in the Cayman Islands with limited liability 於開曼群島註冊成立之有限公司 Stock Code 股票代號：290 2022 INTERIM REPORT 中期報告 目錄 CONTENTS 2 CORPORATE INFORMATION 公司資料 6 INDEPENDENT REVIEW REPORT 獨立審閱報告 8 CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 簡明綜合損益及其他全面收益表 10 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 簡明綜合財務狀況表 12 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 簡明綜合權益變動表 15 CONDENSE ...