Financial Performance - Revenue for the year ended December 31, 2024, was HK$80.66 million, a decrease of 10.5% from HK$89.55 million in 2023[14]. - Adjusted net loss for the year was HK$1.40 million, significantly improved from a loss of HK$22.63 million in 2023[14]. - Adjusted EBITDA for the year was HK$6.60 million, a recovery from an adjusted loss of HK$10.58 million in 2023[14]. - The Group's consolidated net loss was HK$8.85 million, an improvement from a loss of HK$13.24 million in the previous year, mainly due to reduced general and administrative expenses and a gain of HK$6.36 million from the disposal of a subsidiary[28][31]. - The Group recorded total revenue of HK$80.66 million for the Year Under Review, a decrease from HK$89.55 million in the previous year, primarily due to reduced revenue from the asset management business and a net fair value loss of HK$7.45 million on financial assets[27][30]. - The consolidated net loss for the Year Under Review was HK$8.85 million, improved from a loss of HK$13.24 million in the previous year, attributed to lower general and administrative expenses and a gain on disposal of a subsidiary amounting to HK$6.36 million[56]. Asset Management - Asset management income for the year was HK$23.71 million, down 44.6% from HK$42.75 million in 2023[19]. - Total net assets under management (AUM) as of December 31, 2024, were US$130 million, a decrease from US$149 million in 2023[19]. - The decrease in AUM was primarily due to the decline in fair value of the underlying investments held by the funds[19]. - The Group's total assets under management (AUM) as of 31 December 2024 amounted to US$130 million, down from US$149 million as of 31 December 2023[62]. - The Group plans to focus on the development of its asset management business, optimizing its investment portfolio, and has set up an investment fund targeting capital commitments between US$1.5 billion and US$1.9 billion, expected to invest in the healthcare industry[33][36]. Revenue Streams - Revenue from underwriting and placing of securities amounted to HK$18.30 million, compared to nil in 2023[20]. - Revenue from trading of wines and beverages increased to HK$44.46 million, up from HK$36.64 million in the previous year, driven by the recovery of the general economic situation and efforts from the sales and marketing team[26][29]. - The Group participated in three bond issuance transactions during the year, marking a new revenue stream[20]. - The Group participated in three bond issuance transactions during the Year Under Review, generating HK$18.30 million in underwriting and placement income, compared to no income in the previous year[24]. Investments and Trading - The Group has commenced proprietary trading on cryptocurrencies and is exploring asset management opportunities related to crypto-assets to expand its business[34][36]. - The Group allocated US$0.50 million for trading cryptocurrencies, resulting in a gain of HK$1.12 million during the year[111]. - The Group invested HK$5.00 million in the OCI Chiyu Fixed Income Fund, with a fair value of HK$4.86 million as of December 31, 2024, representing 1.6% of total assets[78]. - The Group's investment in SPACs recorded a fair value loss of HK$1.00 million for the year ended December 31, 2023, prior to the net fair value gain in the following year[110]. Market Conditions - Market sentiment improved due to optimism over interest rate cuts and various government policies, although external macro factors such as trade tensions and geopolitical risks remain a concern[32][35]. - The Hang Seng Index reached a two-year high in October 2024, indicating improved market sentiment[138]. Corporate Governance - The Board has adopted the Corporate Governance Code and fully complied with it during the year ended December 31, 2024[168]. - The Board is responsible for the overall strategic development and financial performance of the Group, with daily operations delegated to management[182]. - The Company complies with legal and regulatory requirements as part of its corporate governance practices[186]. - The Board held five meetings during the Year to discuss overall development, operation, and financial performance[193]. Employee Relations - The Group employed 30 employees in Hong Kong and 1 in the PRC as of December 31, 2024, maintaining good relationships with staff[162]. Financial Position - Total assets as of December 31, 2024, were HK$308.48 million, down from HK$323.58 million in 2023[14]. - Cash and cash equivalents increased to HK$128.06 million as of December 31, 2024, compared to HK$104.79 million as of December 31, 2023[128]. - The Group's net current assets were HK$251.53 million as of December 31, 2024, down from HK$263.35 million the previous year, with a current ratio of 8.1 times[129]. - The Group's gearing ratio improved to 2.2% as of December 31, 2024, down from 3.3% the previous year, with total lease liabilities of HK$5.96 million[127].

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 80,659,000, a decrease of 9.5% from HKD 89,548,000 in 2023[2] - Adjusted net loss for the year was HKD 1,401,000, significantly improved from a loss of HKD 22,630,000 in the previous year[2] - Adjusted EBITDA for the year was HKD 6,599,000, a recovery from an adjusted EBITDA loss of HKD 10,577,000 in 2023[2] - The company reported a total comprehensive loss of HKD 10,094,000 for the year 2024, compared to a loss of HKD 13,425,000 in 2023[12] - The cumulative loss increased to HKD 238,675,000 by December 31, 2024, up from HKD 228,896,000 at the end of 2023[12] - The company reported a pre-tax loss of HKD 8,850,000 for the year ended December 31, 2024, compared to a pre-tax loss of HKD 13,248,000 for the previous year, indicating an improvement of approximately 33.3%[24][26] - The reported loss attributable to equity shareholders for the year ended December 31, 2024, was HKD 9,779,000, compared to HKD 13,118,000 for the year ended December 31, 2023, reflecting a reduction of approximately 25.5%[36] - The net comprehensive loss for the year was HKD 8.85 million, reduced from HKD 13.24 million in the previous year, primarily due to decreased general and administrative expenses[49] Revenue Breakdown - Revenue from asset management decreased by 44.5% to HKD 23,707,000 from HKD 42,746,000[4] - Revenue from securities underwriting and placement was HKD 18,295,000 in 2024, with no revenue reported in 2023[21] - The company generated other income of HKD 12,611,000 in 2024, up from HKD 7,011,000 in 2023, marking an increase of approximately 80.5%[29] - Revenue from wine and beverage trading increased from HKD 36.64 million to HKD 44.46 million, attributed to improved sales efforts and market conditions[45] - The asset management revenue for the year was HKD 23.71 million, a decrease from HKD 42.75 million in the previous year[50] - Investment consulting service revenue increased to HKD 0.53 million from HKD 0.44 million year-on-year[54] - Revenue from wine and beverage trading increased to HKD 44.46 million from HKD 36.64 million, with a reduced loss of HKD 3.89 million compared to HKD 6.99 million in the previous year[56] Asset Management and Investments - The company continues to focus on asset management and investment advisory services as its primary business lines[20] - The management of assets under management decreased to USD 130 million from USD 149 million year-over-year, primarily due to a decrease in the fair value of related investments[44] - As of December 31, 2024, Dongjian Asset Management managed 10 funds with total assets under management of $130 million and subscriptions from investors totaling $398 million[50] - The company acquired 60% of Shandong Civil Aviation Dongsheng Investment Management Co., Ltd. for RMB 3.15 million, recording a share of profit from the joint venture of HKD 1.98 million[51] - The healthcare investment fund aims to raise between $1.5 billion and $1.9 billion, with fundraising still ongoing[53] Financial Position - Total assets decreased to HKD 308,484,000 from HKD 323,578,000, reflecting a decline of 4.7%[2] - Net asset value decreased to HKD 270,649,000 from HKD 279,983,000, a decline of 3.3%[2] - The total amount of debt investments at amortized cost, net of loss provisions, was HKD 340 thousand for 2024, down from HKD 21.02 million in 2023[10] - The total fair value of financial assets measured at fair value through profit or loss was HKD 111.08 million in 2024, compared to HKD 115.03 million in 2023[41] - The group’s asset-liability ratio as of December 31, 2024, was 2.2%, down from 3.3% as of December 31, 2023, with total equity of HKD 270.65 million[84] - As of December 31, 2024, the group had cash and cash equivalents of HKD 128.06 million, an increase from HKD 104.79 million as of December 31, 2023, with total assets amounting to HKD 308.48 million[84] Corporate Governance and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[16] - The company has not reported any new products or technologies in the current financial year[20] - The company did not recommend any dividend for the year, consistent with the previous year[35] - The company has no significant investments or acquisitions during the review period, maintaining a cautious approach towards potential business opportunities[89][90] - The company has fully complied with all corporate governance codes during the review year[105] - The board expressed gratitude to all business partners, management, employees, and shareholders for their ongoing support[112] - The board of directors includes both executive and independent non-executive members, ensuring diverse governance[113] Legal and Regulatory Matters - A legal provision of HKD 5.36 million was made for litigation costs related to RD notes, following a court ruling against the company[66] - The company has decided not to appeal the court's decision regarding RD notes after consulting legal advisors[66] - As of December 31, 2023, the group has submitted applications for new bonds under the restructuring plan, receiving new CFLD bonds in January 2024, with an expected credit loss provision of HKD 20.29 million, resulting in a carrying value of HKD 0.72 million, which is 0.2% of the group's total assets[73] Employee and Management Relations - The group employs 30 staff in Hong Kong and 1 in China, maintaining good relations with employees and providing various benefits[101] - The board has established a remuneration committee to determine the compensation of directors and senior management, including a stock option plan to incentivize eligible employees[103][104]

0 OCI International Holdings Limited 東建國際控股有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) (Stock Code 股份代號 : 329) 202 INTERIM REPORT 中 期 報 告 Corporate Information 公司資料 2 Financial Highlights 財務資料概要 4 Condensed Consolidated Statement of Changes in Equity 簡 明 綜合權益變動表 9 Condensed Consolidated Statement of Cash Flows 簡明綜合現金流量表 10 Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註 11 Management Discussion and Analysis 管理層討論及分析 44 Other Disclosure Information 其他 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 30,784, a decrease of 21.5% from HKD 39,022 in the same period of 2023[1] - Asset management revenue dropped significantly to HKD 12,083, down 56.3% from HKD 27,639 year-on-year[1] - Sales of goods increased to HKD 35,123, compared to HKD 7,120 in the previous year, marking a substantial growth[1] - The adjusted net profit (loss) for the period was HKD 675, a recovery from a loss of HKD 4,486 in the same period last year[1] - The company reported a loss attributable to equity shareholders of HKD 16,251, compared to a loss of HKD 68 in the same period last year[4] - Basic and diluted loss per share was HKD 1.084, significantly higher than HKD 0.005 in the previous year[4] - The company reported a total comprehensive loss of HKD 16,470,000 for the six months ended June 30, 2024, compared to a loss of HKD 508,000 in the same period of 2023[10] - Cumulative losses increased to HKD 245,147,000 as of June 30, 2024, compared to HKD 215,846,000 at the end of the previous period[10] - The group reported a pre-tax loss of HKD 16,010 for the period ended June 30, 2024, compared to a pre-tax profit of HKD 1,392 for the six months ended June 30, 2023[16] - The company reported a net comprehensive loss of approximately HKD 16.01 million for the period, significantly increasing from HKD 0.58 million in the previous year[47] Assets and Liabilities - Total assets as of June 30, 2024, were HKD 294,778, down from HKD 323,578 at the end of 2023, reflecting a decrease of 8.9%[1] - Net asset value decreased to HKD 263,648 from HKD 279,983, indicating a decline of 5.8%[1] - The company’s total liabilities decreased from HKD 37,634 to HKD 26,818, a reduction of 28.8%[5] - As of June 30, 2024, total equity was HKD 263,648,000, a decrease from HKD 292,435,000 as of June 30, 2023[10] - The group’s total liabilities as of June 30, 2024, were HKD 31,130, with segment liabilities for asset management at HKD 6,776[19] - The group’s asset-liability ratio as of June 30, 2024, is approximately 2.9%, down from 3.3% as of December 31, 2023[64] - The group’s net current assets amounted to approximately HKD 248.77 million as of June 30, 2024, compared to HKD 263.35 million as of December 31, 2023[65] Revenue Streams - Revenue from wine and beverage trading surged to HKD 35,123,000, compared to HKD 7,120,000, marking an increase of approximately 393.5%[14] - Revenue from customer contracts recognized over time was HKD 12,346, with HKD 35,123 recognized at a point in time, contributing to total revenue from other sources of HKD 47,469[15] - The company’s asset management income for the period was HKD 12.08 million, a decrease from HKD 27.64 million for the same period in 2023[48] - The investment advisory service revenue for the period was approximately HKD 0.26 million, compared to HKD 0.17 million for the same period last year[50] - The group’s total segment revenue from investment and financial advisory services was HKD 263, indicating limited contribution to overall revenue[15] Operational Focus and Future Plans - The company plans to focus on expanding its asset management and investment advisory services to improve revenue streams in the future[3] - The company continues to focus on asset management, investment and financial advisory services, and trading of wine and beverages as its main business segments[10] - The group aims to establish a medical investment fund with a target capital commitment between USD 1.5 billion and USD 1.9 billion, focusing on the healthcare sector[68] - The group plans to explore potential business opportunities in China, including establishing qualified domestic limited partnerships to enhance performance[68] - The group will continue to focus on the development of asset management business and optimize high-potential investment portfolios[68] Employee and Operational Expenses - Employee expenses, including directors' remuneration, amounted to HKD 8,618,000 for the six months ended June 30, 2024, down from HKD 22,258,000 in 2023, representing a decrease of approximately 61.3%[26] - The cost of inventories recognized as an expense was HKD 33,210,000 for the six months ended June 30, 2024, significantly higher than HKD 6,614,000 in 2023, indicating an increase of approximately 402.5%[26] - Interest expenses on lease liabilities decreased to HKD 210,000 in 2024 from HKD 393,000 in 2023, a reduction of about 46.5%[25] Legal and Compliance Matters - The financial report was prepared in accordance with the Hong Kong Financial Reporting Standards and has not been audited[11] - The company has not applied any new accounting standards or interpretations that have not yet come into effect during the reporting period[13] - The company has filed a legal suit against guarantors for unpaid SP notes totaling $2,000,000 due by December 28, 2018, with further monthly payments in 2019, but no payments have been received as of the announcement date[36] - The company has made a legal provision of HKD 5.36 million for costs related to litigation against the RD pledged shares buyer[59] Shareholder and Governance Information - The company did not declare or recommend any interim dividends for the six months ended June 30, 2024, consistent with the previous year[29] - The group has not declared or recommended any dividends during the period[72] - The interim results for the period were reviewed by the Audit Committee, which consists of four independent non-executive directors[86] - The board expressed gratitude to all business partners, management, employees, and shareholders for their continued support[88]

Financial Performance - Revenue for the year ended December 31, 2023, increased by 192.2% to HK$89.55 million, compared to HK$30.65 million in 2022[13] - Income from asset management services rose by 51.2% to HK$42.75 million, up from HK$28.27 million in the previous year[13] - Net loss for the year decreased significantly from HK$78.21 million in 2022 to HK$13.24 million in 2023, representing an 83.1% improvement[14] - EBITDA improved to a loss of HK$1.19 million in 2023, compared to a loss of HK$65.86 million in 2022, marking a 98.2% reduction in losses[14] - Loss per share (basic) decreased from HK5.05 cents in 2022 to HK0.87 cents in 2023, reflecting an 82.8% improvement[15] - The Group incurred a consolidated net loss of HK$13.24 million, a substantial decrease from HK$78.21 million in 2022, primarily due to increased total revenue and a net reversal of impairment loss on financial assets of HK$3.63 million[28] - Total revenue increased to HK$89.55 million, up from HK$30.65 million for the year ended 31 December 2022, primarily driven by growth in asset management services and trading of wines and beverages[54] Asset Management - The company is engaged in asset management, investment advisory, securities underwriting, and trading of wines and beverages[19] - As of December 31, 2023, total assets under management (AUM) by OCI Asset Management amounted to US$149 million, down from US$270 million in 2022, while subscription amounts decreased to US$406 million from US$557 million[20] - The Group's asset management subsidiary, OCIAM, managed 10 funds as of December 31, 2023, down from 11 funds the previous year[20] - The Group plans to focus on the development of its asset management business, optimizing its investment portfolio, and exploring opportunities in crypto-assets to expand its asset management services[32][33] - The Group aims to enhance performance by exploring potential business opportunities in the PRC, including establishing Qualified Domestic Limited Partnerships[136] - The Group plans to explore potential development opportunities related to asset management of crypto-assets to expand its asset management business[135] Investments and Trading - The company recognized net income from securities trading and investments of HK$9.73 million in 2023, a turnaround from a net loss of HK$29.06 million in 2022[13] - Revenue from trading of wines and beverages rose to HK$36.64 million, compared to HK$29.34 million in the previous year[26] - The Group's investment advisory services fee income was HK$0.44 million for the Year Under Review, slightly down from HK$0.53 million in the previous year[63] - The Group's joint venture, Shandong Civil Aviation Dongsheng, contributed HK$1.74 million in profit share for the Year Under Review, up from HK$1.01 million in the previous year[58] - The Group's underwriting and placing services did not generate any income during the Year Under Review, compared to HK$1.56 million in the previous year[64] Economic Outlook - The Group anticipates improvements in the economy and investment sentiment due to expected declines in interest rates and supportive policies from the Hong Kong government[31] - The Group expects an improvement in economic and investment sentiments in 2024 due to expected declines in interest rates and supportive government policies in Hong Kong[127] Corporate Governance - The Board has adopted the Corporate Governance Code and complied with it, except for a deviation regarding the roles of chairman and CEO[157] - The company has established an audit committee with at least three members, including one independent non-executive director with appropriate qualifications, in compliance with Listing Rules[170] - The remuneration committee is chaired by an independent non-executive director and comprises a majority of independent non-executive directors, meeting the requirements of Listing Rules[170] - The Company has established a mechanism to ensure independent viewpoints are considered in Board meetings[177] - The Company reviews and monitors compliance with legal and regulatory requirements as part of its corporate governance practices[182] Financial Position - Total assets decreased by 22.5% to HK$323.58 million in 2023, down from HK$417.56 million in 2022[13] - Net assets also declined by 4.7% to HK$279.98 million, compared to HK$293.64 million in the previous year[13] - The Group's total equity as of December 31, 2023, was HK$279.98 million, down from HK$293.64 million in 2022[117] - As of December 31, 2023, the Group's bank balances and cash amounted to HK$104.79 million, a decrease of 54.5% from HK$230.57 million as of December 31, 2022[121] - The current ratio improved to 8.0 times as of December 31, 2023, compared to 3.4 times as of December 31, 2022[122] Employee Relations - The Group employed 1 employee in the PRC and 25 employees in Hong Kong as of December 31, 2023[152] - The Group has maintained good relationships with its staff and has not experienced major disruptions due to labor disputes[152] Strategic Initiatives - The Group plans to expand its product offerings beyond wine to include a broader range of beverages, supported by marketing and promotional activities[140] - The Group will continue to expand its wine product portfolio and conduct marketing activities to boost sales[137] - The Group acquired a 60% equity interest in Shandong Civil Aviation Dongsheng Investment Management Co., Ltd. to enhance its asset management services in China[36]

Revenue and Financial Performance - The company reported total revenue of HKD 89.55 million for the fiscal year, an increase from HKD 30.65 million in the previous year, primarily driven by growth in asset management services and wine and beverage trading[10]. - Total revenue for the year ended December 31, 2023, was HKD 42,746,000, an increase from HKD 28,274,000 in 2022, representing a growth of 51%[74]. - Total revenue for the year ended December 31, 2023, increased by 192.2% to HKD 89.55 million, compared to HKD 30.65 million in 2022[90]. - The group reported a consolidated net loss of HKD 13.24 million for the review year, significantly reduced from HKD 78.21 million in the previous year, primarily due to increased total revenue and a reversal of impairment losses[180]. - The company recorded a loss attributable to equity shareholders of HKD 13,118,000, a significant improvement from a loss of HKD 75,708,000 in the previous year[3]. - The company reported a loss of HKD 13,238,000 for the year, significantly improved from a loss of HKD 78,211,000 in the previous year, indicating a reduction in losses by approximately 83%[75]. - The total comprehensive income for the year 2023 was a loss of HKD 13,657,000, compared to a loss of HKD 79,157,000 in 2022, indicating an improvement[97]. Asset Management and Investment Activities - The asset management segment generated revenue of HKD 42.75 million, up from HKD 28.27 million in the previous year, despite managing fewer funds (10 funds in 2023 compared to 11 in 2022)[11]. - The company achieved a net income of HKD 9.73 million from securities trading and investment activities, a turnaround from a net loss of HKD 29.06 million in the previous year[20]. - The company managed assets totaling USD 149 million and raised USD 406 million from investors as of December 31, 2023, down from USD 270 million and USD 557 million, respectively, in the previous year[11]. - The group is focused on expanding its asset management and investment advisory services, aiming for growth in these segments[99]. - The group has a provision of USD 7.51 million for after-sales guarantees to Eastern Financial, which was settled before the end of 2023[161]. Debt and Financial Position - The total amount of debt securities, net of loss provisions, was HKD 230,952,000, slightly up from HKD 230,856,000 in the previous year[4]. - The group’s total liabilities increased, impacting the overall financial position, with financial expenses reported at HKD 5,993,000[110]. - The total assets on December 31, 2023, were HKD 323.58 million, down from HKD 417.56 million on December 31, 2022[29]. - The company's total reserves decreased from HKD 285,663,000 in 2022 to HKD 272,238,000 in 2023, reflecting a decline of 4.73%[95]. - The accumulated losses increased from HKD 215,778,000 in 2022 to HKD 228,896,000 in 2023, representing a rise of 6.93%[97]. Revenue Sources and Growth - Revenue from asset management increased to HKD 42,746,000, up from HKD 28,274,000, reflecting a growth of 51% year-over-year[74]. - Revenue from wine and beverage sales increased by 24.9% to HKD 36.64 million, compared to HKD 29.34 million in 2022[90]. - Revenue from the wine and beverage trading segment increased from HKD 29.34 million to HKD 36.64 million, although the segment incurred a loss of HKD 6.99 million, up from a loss of HKD 1.12 million the previous year[185]. - The revenue from wine and beverage trading rose from HKD 29.34 million in the previous year to HKD 36.64 million in the review year, marking an increase of about 24.1%[150]. Corporate Governance and Management - The company has adopted the standard code for securities transactions by directors, ensuring compliance with regulations[62]. - The board of directors has undergone changes, with the appointment of new independent non-executive directors, enhancing corporate governance[61]. - The company has not identified any significant contingent liabilities as of December 31, 2023[57]. Future Plans and Market Outlook - The group plans to implement a restructuring plan from 2021 to 2028 to address defaulted debts and improve liquidity[24]. - The group anticipates that economic and market investment sentiment will improve due to expected interest rate declines in 2024 and various supportive policies from the Hong Kong government[53]. - The group is exploring potential development opportunities related to cryptocurrency asset management to expand its asset management business[31]. - The group plans to expand its product portfolio from wine to a broader range of beverages and will conduct marketing activities to promote sales[54]. Operational Challenges and Changes - The company did not declare any dividends for the year ended December 31, 2023, consistent with the previous year[56]. - The company recorded other income of HKD 7,011,000 in 2023, down from HKD 8,249,000 in 2022, a decrease of 15.03%[115]. - The group incurred legal and professional fees of HKD 20.255 million, a substantial increase from HKD 6.247 million in the previous year[141]. - The group has decided to cancel its listing project for Pisces Acquisition Corporation, resulting in a write-off of HKD 9.55 million previously recognized as prepaid legal and professional fees[151].

Revenue Performance - The company recorded total revenue of approximately HK$39.02 million for the six months ended 30 June 2023, representing a 303.3% increase compared to HK$9.68 million for the same period in 2022[10]. - Revenue for the six months ended June 30, 2023, was HK$39,022,000, a significant increase from HK$9,676,000 in the same period of 2022, representing a growth of approximately 303%[16]. - Revenue from asset management increased to HK$27,639,000, up from HK$25,692,000, reflecting a growth of 7.6% year-over-year[16]. - Revenue from asset management increased by 7.6% to HK$27.64 million, while revenue from investment and financial advisory services decreased by 63.6% to HK$0.17 million[10]. - The trading of wines and beverages generated revenue of HK$7,120,000, down from HK$15,053,000, reflecting a decline of approximately 52.8%[49]. Profit and Loss - The company reported a profit from operations of HK$3.83 million for the period, a significant improvement from a loss of HK$43.94 million in the previous year[13]. - Net loss for the period decreased to HK$0.58 million from HK$49.65 million for the six months ended 30 June 2022, marking a 98.8% reduction[14]. - Basic loss per share attributable to the owner of the company decreased from HK3.310 cents to HK0.005 cents[14]. - Total comprehensive expense for the period was HK$1,205,000, significantly lower than HK$49,351,000 in the prior year, showing a reduction of 97.57%[19]. - The loss for the period attributable to equity shareholders decreased to HK$68,000 from HK$49,647,000, indicating a reduction in losses by approximately 99.86%[19]. Assets and Liabilities - Total assets as of 30 June 2023 were HK$389.19 million, down 6.8% from HK$417.56 million as of 31 December 2022[10]. - Net assets decreased slightly by 0.4% to HK$292.44 million from HK$293.64 million[10]. - Cash and cash equivalents decreased to HK$178,038,000 from HK$230,568,000, a decline of 22.7%[22]. - Trade receivables increased to HK$32,657,000 from HK$7,431,000, representing a growth of 338%[22]. - Current liabilities decreased to HK$89,187,000 from HK$114,787,000, a reduction of 22.4%[22]. Cash Flow - For the six months ended June 30, 2023, the company reported a net cash used in operating activities of HK$13,244,000, compared to a net cash generated of HK$3,043,000 in the same period of 2022[30]. - The company reported a net cash used in financing activities of HK$39,609,000, slightly lower than HK$42,519,000 in the previous year[30]. - The company’s cash flow from operating activities was negatively impacted by a cash outflow of HK$11,715,000 for the repayment of other borrowings[30]. Segment Performance - The segment profit for asset management was HK$6,811,000, while the trading of wines and beverages reported a loss of HK$2,506,000, contributing to a total segment profit of HK$7,339,000[58]. - The segment profit (loss) for asset management was HK$8,837,000, while the securities trading and investments segment reported a loss of HK$50,880,000, contributing to an overall loss before taxation of HK$48,078,000[59]. - The group’s financial performance is assessed based on the nature of business, with key segments including asset management and securities trading[51]. Strategic Activities - The Group acquired 60% of the paid-up capital of a joint venture for RMB3.15 million on May 23, 2022, indicating strategic expansion efforts[94]. - The Group's application for listing a SPAC named Pisces Acquisition Corporation is still in progress as of the date of the report[186]. - The Group extended the memorandum of understanding (MOU) for the proposed acquisition of 51% of Rising Phoenix Investments Limited, with the consideration revised to US$280,000,000 under the 2023 MOU I[156]. Financial Instruments and Debt - The company is registered as one of Sanpower Group's debtors under a restructuring plan aimed at resolving defaulted debts through business restructuring and asset disposals, lasting from 2021 to 2028[109]. - The 8% senior guaranteed notes (SP Note) had a gross carrying amount of HK$101,867,000 as of June 30, 2023, compared to HK$101,531,000 as of December 31, 2022[102]. - The net carrying amount of the SP Note was approximately HK$16.14 million, an increase from approximately HK$15.04 million as of December 31, 2022, after an impairment loss provision of approximately HK$85.73 million[110]. Compliance and Governance - The interim financial report has been reviewed by the company's audit committee, ensuring compliance with relevant accounting standards[43]. - The Group's financial statements for the six months ended June 30, 2023, remain unaudited[148].

B_table indent_4.5 mm N_table indent_4 mm 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佈之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 OCI International Holdings Limited 東 建 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：329） 截至二零二三年六月三十日止六個月 中期業績公佈 財務資料概要 截至 截至 二零二三年 二零二二年 六月三十日止 六月三十日止 六個月 六個月 變化% 千港元 千港元 收益 39,022 9,676 303.3% 來自資產管理 27,639 25,692 7.6% 來自投資及財務諮詢服務 ...

Financial Performance - Revenue for the year ended December 31, 2022, decreased by approximately 58.2% to HK$30.65 million, down from HK$73.23 million in 2021[13] - Income from asset management and investment advisory services dropped by 66.9%, from HK$85.45 million in 2021 to HK$28.27 million in 2022[13] - Net loss for the year decreased from HK$122.62 million in 2021 to HK$78.21 million in 2022, representing a reduction of 36.2%[16] - EBITDA loss improved from HK$101.15 million in 2021 to HK$65.86 million in 2022, a decrease of 34.9%[16] - Total assets decreased by 23.3% to HK$417.56 million in 2022, down from HK$544.67 million in 2021[13] - Net assets decreased by 21.2% to HK$293.64 million in 2022, compared to HK$372.79 million in 2021[13] - Loss per share (basic) decreased from HK8.18 cents in 2021 to HK5.05 cents in 2022, a reduction of 38.3%[16] - The company reported a net loss from operations of HK$73.23 million in 2022, down from HK$107.22 million in 2021[15] - The decrease in revenue was primarily due to reduced income from asset management services and trading of wines and beverages[14] Asset Management and Investment - Assets under management (AUM) decreased to US$270 million as of 31 December 2022 from US$668 million in 2021, with the number of funds managed dropping from 16 to 11[22] - Asset management income for the Year Under Review was HK$28.27 million, down from HK$85.45 million in the previous year, reflecting a decline of 66.9%[22] - The Group's asset management and financial advisory businesses target high-net-worth individuals and institutional investors, with a focus on expanding its service offerings[46] - The number of institutional investors in asset management services decreased from 35 to 24, reflecting challenges in the investment environment[53] - The Group's impairment loss on financial assets increased by HK$21.15 million, primarily related to investments in senior secured guaranteed notes and bonds[58] Business Expansion and Strategy - The Group plans to explore new potential expansion opportunities, including Fintech-related businesses, to diversify income sources[34] - The Group aims to allocate more resources to the securities business following the acquisition of a Type 1 license, enhancing its income diversification strategy[33] - The Group has established an investment fund with a targeted capital commitment ranging from US$1.5 billion to US$1.9 billion, expected to invest in the healthcare industry[38] - The Group acquired a 60% equity interest in Shandong Civil Aviation Dongsheng Investment Management Co., Ltd. on May 23, 2022, and will continue to explore other potential businesses in China to enhance performance[38] - The Stock Exchange of Hong Kong has introduced a listing regime for SPACs, providing the Group with opportunities to expand its asset management business; an application for a SPAC named Pisces Acquisition Corporation was submitted on March 2, 2022[38] - The Group plans to expand its wine product portfolio and other beverage categories, anticipating increased demand due to the relaxation of pandemic-related control measures and reopening of borders, especially with Mainland China[39] - Additional sales personnel have been hired, and more marketing activities, such as wine tasting campaigns, are planned for 2023 to capture sales opportunities[39] Environmental, Social, and Governance (ESG) Initiatives - The company has integrated ESG concepts into its corporate culture and daily operations, balancing the cost of integration against tangible returns[78] - The Board oversees ESG issues and practices, assuming overall responsibilities for identifying and evaluating material risks posed to the Group[78] - The company is committed to maintaining high governance standards throughout its ESG journey, aiming to positively impact the community[78] - The company recognizes the importance of ESG for sustainable development and is determined to address challenges in the ever-changing business landscape[78] - The company has outlined its plans, strategies, and objectives related to environmental, social, and governance issues in its ESG report[76] - The Group aims to promote ecological and environmental protection through a top-down management approach[80] - The Group's governance structure allows for regular updates on key performance indicators related to environmental and social goals[117] - The Group's strategy includes compliance with laws and continuous improvement of environmental management practices[129] - The Group identified key stakeholders including shareholders, government, customers, suppliers, employees, and communities for sustainable development in 2022[130] Employee Management and Development - The Group's employee composition by employment type shows 21% in full-time positions and 36% at entry-level[112][113] - The Group provides a wide range of employee benefits, including annual health services and comprehensive medical and retirement schemes[119] - The Group's compensation practices are reviewed annually based on performance evaluations and external compensation levels[110] - The percentage of trained employees reached 50% across various categories, indicating a commitment to workforce development[138] - The percentage of trained employees decreased from 56% in 2021 to 30% in 2022[147] - Average training hours per employee dropped from 12 hours in 2021 to 8 hours in 2022[149] - Senior management's average training hours increased significantly from 4 hours in 2021 to 16 hours in 2022[149] - The average training hours for entry-level employees decreased from 18 hours in 2021 to 11 hours in 2022[149] Compliance and Risk Management - The Group complies with all relevant laws and regulations, including the Employment Ordinance and Employees' Compensation Ordinance[110] - The Group has established a reporting procedure for anonymous reporting of suspected fraud directly to an independent department[180] - The Group emphasizes community investment initiatives and efforts to align with its vision[181] - The Group's standard employment contracts include provisions on intellectual property rights and confidentiality[199] - Employees are expected to uphold integrity, impartiality, and honesty, with zero tolerance for corruption and fraudulent activities[200] - The Group complies with relevant laws such as the Prevention of Bribery Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance[200]

B_table indent_4.5 mm N_table indent_4 mm 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佈之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 OCI International Holdings Limited 東 建 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：329） 截至二零二二年十二月三十一日止年度 全年業績公佈 財務資料概要 （千港元） 二零二二年 二零二一年 變化% 收益 30,645 73,232 (58.2%) 來自資產管理 28,274 85,450 (66.9%) 來自投資及財務諮詢服務 531 4,030 (86.8%) 來自證券包銷及配售 1,560 – 不適用 銷售貨品 29,341 46,509 (36.9%) 來自證券買賣及投資 ...