Financial Performance - The company recorded a net loss attributable to shareholders of approximately HKD 24,815,324 for the six months ended June 30, 2023, compared to a loss of HKD 22,311,263 in 2022, with a loss per share of HKD 0.91[5]. - For the six months ended June 30, 2023, the company's revenue was HKD 117,162, a decrease of 63.24% compared to HKD 318,670 for the same period in 2022[39]. - The company reported a loss before tax of HKD 24,966,869, which is a 10.34% increase from the loss of HKD 22,629,452 in the previous year[39]. - The loss attributable to equity holders for the period was HKD 24,815,324, compared to HKD 22,311,263 in the prior year, reflecting a year-on-year increase of 11.25%[39]. - The company reported a net cash outflow from operating activities of HKD (1,124,367) for the six months ended June 30, 2023, compared to HKD (24,082,954) for the same period in 2022, showing a significant improvement[44]. - Dividend income from listed equity securities for the six months ended June 30, 2023, was HKD 117,162, down from HKD 318,670 in the same period of 2022, reflecting a decline of approximately 63%[49]. - Other income, including interest income, was HKD 112 for the six months ended June 30, 2023, compared to HKD 19,643 for the same period in 2022, indicating a substantial decrease[50]. - The fair value loss on financial assets measured at fair value through profit or loss was HKD (21,022,676) for the six months ended June 30, 2023, compared to HKD (8,810,589) for the same period in 2022, representing a significant increase in losses[51]. - For the six months ended June 30, 2023, the pre-tax loss was HKD 24,815,324, compared to a pre-tax loss of HKD 22,311,263 for the same period in 2022, representing an increase in loss of approximately 11.2%[57]. Dividends and Shareholder Information - The company did not declare any interim dividend for the period ended June 30, 2023, consistent with 2022[6]. - The company did not declare an interim dividend for the period[39]. - Major shareholders include 倍搏環球資產管理有限公司 with 504,410,000 shares, representing 18.44% of the total issued shares[27]. - Mass Trade Global Limited and Liu Jun Da each hold 386,527,200 shares, accounting for 14.13% of the total issued shares[27]. - Vibrant Noble Limited and Qian Jun each own 379,900,000 shares, which is 13.89% of the total issued shares[27]. - As of June 30, 2023, the company maintained over 25% public float, complying with listing rules[31]. - The number of issued and fully paid ordinary shares remained at 2,735,280,000 shares as of June 30, 2023[65]. - The company reported no potential dilutive ordinary shares during the periods presented[57]. Assets and Liabilities - The total cash and cash equivalents as of June 30, 2023, were approximately HKD 700,000, down from HKD 1,900,000 as of December 31, 2022[14]. - The total borrowings, including other payables and accrued liabilities, amounted to approximately HKD 500,000 as of June 30, 2023, compared to HKD 400,000 as of December 31, 2022[14]. - The company's financial assets investment net amount was approximately HKD 67,100,000 as of June 30, 2023, down from HKD 79,930,000 as of December 31, 2022[14]. - As of June 30, 2023, the company's total current assets decreased to HKD 78,647,482 from HKD 103,520,967 as of December 31, 2022, representing a decline of approximately 24%[41]. - The net asset value of the company as of June 30, 2023, was HKD 77,701,076, down from HKD 102,516,400 at the end of 2022, indicating a decrease of about 24%[41]. - The company's total equity decreased to HKD 77,701,076 as of June 30, 2023, from HKD 102,516,400 at the end of 2022, marking a decline of approximately 24%[42]. - The company's accumulated losses increased to HKD (223,735,547) as of June 30, 2023, from HKD (198,920,223) at the beginning of the year, reflecting a rise in losses[42]. - The fair value of financial assets at fair value through profit or loss decreased from HKD 79,934,666 as of December 31, 2022, to HKD 67,095,849 as of June 30, 2023, a decline of approximately 16.2%[60]. - The fair value of non-listed equity securities decreased from HKD 4,167,960 to HKD 1,773,803, a decline of approximately 57.5%[59]. - As of June 30, 2023, the fair value of listed equity securities was HKD 65,322,046, while non-listed equity securities had a fair value of HKD 1,773,803, totaling HKD 67,095,849[67]. - The fair value of listed equity securities as of June 30, 2022, was HKD 75,878,348, and non-listed equity securities were valued at HKD 3,271,725, totaling HKD 79,150,073[69]. Operational and Strategic Overview - The company did not engage in any significant acquisitions or disposals of subsidiaries during the period ended June 30, 2023[16]. - The company has not reported any new product developments or market expansions during this period, focusing primarily on managing existing investments[49]. - The company maintained a cautious approach to identify and assess investment opportunities amid global economic uncertainties[13]. - The capital structure of the company has remained unchanged since January 1, 2023[15]. - The total employee costs for the review period were HKD 1,282,616, compared to HKD 1,795,490 in 2022[20]. - Employee costs decreased from HKD 1,750,240 in the first half of 2022 to HKD 1,248,116 in the first half of 2023, a reduction of about 28.7%[53]. - Other payables and accrued liabilities related to office property restoration provisions increased from HKD 438,220 as of December 31, 2022, to HKD 531,604 as of June 30, 2023, an increase of approximately 21.3%[63]. - The company has established an audit committee to oversee financial reporting and internal controls[35]. - The board has adopted corporate governance procedures in compliance with the corporate governance code[34]. - As of June 30, 2023, the company had no significant capital commitments or contingent liabilities[74].

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，並明確表示概不就因本公佈全部或任何 部份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。 DT CAPITAL LIMITED 鼎 立 資 本 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：356） 截至二零二三年六月三十日止六個月之 中期業績公佈 中期報告及簡明綜合賬目 鼎立資本有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此提呈本公司及其 附屬公司（「本集團」）截至二零二三年六月三十日止六個月之未經審核簡明綜合 賬目。中期業績已經由本公司審核委員會審閱並經由董事會批准。 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 截至 二零二三年 二零二二年 六月三十日 六月三十日 止六個月 止六個月 （未經審核） （未經審核） ...

Financial Performance - The company recorded a loss attributable to equity holders of approximately HKD 24.1 million for the year ended December 31, 2022, compared to a loss of HKD 4.8 million in 2021, representing an increase in loss of approximately 400%[8]. - The loss per share for 2022 was HKD 0.0088, compared to HKD 0.0021 in 2021, indicating a significant decline in performance[8]. - The company experienced an unrealized fair value loss on listed securities of approximately HKD 9.71 million in 2022, compared to HKD 5.92 million in 2021, and realized losses of HKD 10.48 million in 2022, compared to a gain of HKD 1.77 million in 2021[8]. - For the year ended December 31, 2022, the company's revenue was HKD 1,833,791, a decrease of 16.8% compared to HKD 2,203,955 in 2021[73]. - The company reported a loss attributable to shareholders of HKD 24,097,700 for 2022, compared to a loss of HKD 4,781,495 in 2021, indicating a significant increase in losses[73]. - Total assets as of December 31, 2022, were HKD 103,520,967, down from HKD 128,340,397 in 2021, reflecting a decrease of approximately 19.3%[73]. - The company's total liabilities decreased to HKD 1,004,567 in 2022 from HKD 1,726,297 in 2021, a reduction of about 42.0%[73]. - The company's net asset value was HKD 102,516,400 as of December 31, 2022, down from HKD 126,614,100 in 2021, representing a decline of approximately 19.0%[73]. - The company's distributable reserves as of December 31, 2022, amounted to approximately HKD 75,092,000, down from HKD 89,693,000 in 2021[75]. Investment Strategy - The company has reallocated approximately HKD 17.5 million from the proceeds of a placement for general working capital, with the remaining amount intended for potential investments in China or other suitable business opportunities[11]. - The company plans to continue diversifying its business and managing risks through prudent investment strategies in 2023, exploring new potential investment areas while being cautious[15]. - The company aims to identify undervalued investment opportunities across different industries and regions to enhance shareholder returns[15]. - The company has maintained its investment policy since 2014, focusing on short to medium-term capital appreciation through investments in listed and unlisted companies in Hong Kong and China[78]. - The company will not own or control more than 30% of voting rights in any company, nor make investments exceeding 20% of its net asset value[81]. Shareholder Information - The board has resolved not to recommend any final dividend for the year ended December 31, 2022, consistent with the previous year[31]. - The company did not declare a final dividend for the year ended December 31, 2022, and there was no interim dividend declared during the year[69]. - As of December 31, 2022, major shareholders owning 5% or more of the company's shares include倍搏環球資產管理有限公司 with 504,410,000 shares (18.44%) and Mass Trade Global Limited with 455,880,000 shares (16.67%)[92]. - The total number of shares held by Sharp Years Limited is 254,500,000, representing 9.3% of the total issued share capital[92]. - The total number of shares held by Fame Image Limited is also 254,500,000, which is equivalent to 9.3% of the total issued share capital[92]. Corporate Governance - The company has established an audit committee to review and supervise the financial reporting process and internal control systems[101]. - The company has adopted the standard code of conduct for securities transactions as per the listing rules, and all directors confirmed compliance during the period[103]. - The company has confirmed that there are no interests held by directors in any competing businesses[95]. - The company maintains a public shareholding percentage exceeding 25% of its total issued shares[111]. - The board of directors includes both executive and independent non-executive members, ensuring governance and oversight of the company's operations[83]. Economic Outlook - The global economic outlook remains challenging due to high inflation, geopolitical tensions, and the ongoing impact of the COVID-19 pandemic, particularly affecting the real estate market in China[14]. - The company anticipates that the Chinese government will introduce more measures to boost confidence in the real estate sector as the economy reopens in 2023[14]. - The company acknowledges significant economic risks, including potential recessions that could impact revenue and profitability[108]. Employee Welfare and Development - Employee welfare is prioritized, with a focus on providing a fair working environment and opportunities for career development[142]. - The company offers various paid leave options, including annual leave, sick leave, maternity leave, and study leave, to support work-life balance[143]. - Regular reviews of compensation and benefits are conducted based on company performance and market information to reward employee contributions[142]. - The company prioritizes internal promotions over external hiring to foster employee growth and development[154]. - The company provides health insurance and competitive benefits to employees, ensuring compliance with labor health regulations[147]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to high levels of corporate governance, with a dedicated committee overseeing environmental, social, and governance (ESG) matters[118]. - The company has established an ESG working group to monitor and implement relevant policies and measures[126]. - The company’s board is responsible for ensuring the integrity of the ESG report and its alignment with stakeholder expectations[119]. - The company emphasizes the importance of stakeholder engagement to identify potential risks and opportunities[127]. - The company actively participates in environmental initiatives, such as recycling programs and awareness campaigns related to climate change[200]. Risk Management - The company has a business contingency plan to protect against potential threats and risks from emergencies or disasters[145]. - The company is enhancing its risk assessment processes to include environmental, social, and governance (ESG) factors, which will help manage reputation risks related to investments[197]. - The company anticipates higher legal risks due to increased disclosure requirements related to ESG performance, necessitating regular monitoring of relevant laws and regulations[197].

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，並明確表示概不就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。 DT CAPITAL LIMITED 鼎 立 資 本 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：356） 截至二零二二年十二月三十一日止年度 經審核業績公佈 鼎立資本有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度之經審核綜合 業績，連同截至二零二一年十二月三十一日止年度之比較數字如下： 綜合損益及其他全面收益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 港元 港元 出售上市及非上市投資之所得款項總額 4 23,645,070 16,991,605 收入 4 1,833,791 2,203,955 ...

Financial Performance - The company recorded a net loss attributable to shareholders of approximately HKD 22,311,263 for the six months ended June 30, 2022, compared to a profit of HKD 370,288 in the same period last year, resulting in a loss per share of HKD 0.82[6]. - Revenue for the six months ended June 30, 2022, was HKD 318,670,000, a decrease of 61.2% compared to HKD 822,403,000 for the same period in 2021[46]. - The company reported a loss before tax of HKD 22,629,452, compared to a profit of HKD 1,279,078 in the previous year[46]. - Total comprehensive loss attributable to equity holders for the period was HKD 22,311,263, compared to a profit of HKD 370,288 in the same period last year[46]. - The loss per share for the six months ended June 30, 2022, was HKD 0.82, compared to earnings of HKD 0.02 per share in the prior year[46]. - The company reported a total comprehensive loss of HKD 22,311,263 for the six months ended June 30, 2022, compared to a total comprehensive income of HKD 370,288 for the same period in 2021[86]. Investment Activities - The company terminated a biotechnology project in June 2022 after investing HKD 20,000,000 due to unfavorable investment conditions and risks[11]. - The company plans to maintain a prudent approach in identifying and evaluating investment opportunities while actively seeking long-term investment prospects[14]. - The company aims to balance investments between listed and unlisted securities to enhance shareholder returns, reflecting changes in market and economic conditions[11]. - The company raised approximately HKD 15,720,000 from a placement for potential investments related to biotechnology projects[11]. - The company is closely monitoring market economic and financial conditions to seek suitable investment opportunities[11]. Financial Position - As of June 30, 2022, the group's cash, bank balances, and cash amounted to approximately HKD 2,560,000, a decrease from HKD 26,600,000 as of December 31, 2021[16]. - Total borrowings of the group as of June 30, 2022, were approximately HKD 280,000, down from HKD 700,000 as of December 31, 2021[16]. - The group's capital debt ratio was approximately 0.26% as of June 30, 2022, compared to 0.58% as of December 31, 2021[16]. - The net amount of financial asset investments was approximately HKD 79,150,000 as of June 30, 2022, down from HKD 100,170,000 as of December 31, 2021[16]. - Cash and cash equivalents decreased significantly to HKD 2,561,021 from HKD 26,643,975 at the end of the previous year[55]. - Current assets decreased to HKD 105,247,707 from HKD 128,340,397 as of December 31, 2021[49]. - Current liabilities decreased to HKD 280,920 from HKD 744,158 year-on-year[49]. - Net assets decreased to HKD 104,302,837 from HKD 126,614,100 as of December 31, 2021[49]. Employee Costs - Total employee costs during the review period were HKD 1,795,490, an increase from HKD 1,636,100 in the previous year[23]. - Employee costs, including directors' remuneration, increased to HKD 1,750,240 for the six months ended June 30, 2022, from HKD 1,592,600 in the same period of 2021, representing an increase of approximately 9.9%[75]. Dividends - The company did not declare any interim dividend for the period ended June 30, 2022, consistent with the previous year[7]. - The company did not declare an interim dividend for the period[46]. - The company did not declare any interim dividends for the current and prior periods, maintaining a dividend of zero for both periods[89]. Fair Value and Financial Instruments - Realized and unrealized losses on financial assets at fair value through profit or loss increased to approximately HKD 10,030,000 and HKD 8,810,000, respectively, compared to realized gains of HKD 1,850,000 and unrealized gains of HKD 2,720,000 in the previous year[8]. - The company reported a fair value loss of approximately HKD 9,470,000 on listed securities, compared to a gain of HKD 3,130,000 in the previous year[8]. - The fair value loss on financial assets at fair value through profit or loss was HKD (18,841,845) for the six months ended June 30, 2022, compared to a gain of HKD 4,573,746 for the same period in 2021[73]. - The fair value of listed equity securities was HKD 75,878,348 as of June 30, 2022, down from HKD 97,556,902 as of December 31, 2021, reflecting a decrease of approximately 22.2%[89]. - The fair value of financial assets measured at fair value through profit or loss increased to HKD 90,191,955 as of June 30, 2022, compared to HKD 86,731,770 as of June 30, 2021[118]. - The total fair value of financial instruments measured at fair value as of June 30, 2022, was HKD 79,150,073, which includes HKD 75,878,348 in level 1 and HKD 3,271,725 in level 3[111]. - The fair value of non-listed equity securities was recorded at HKD 3,271,725 as of June 30, 2022[111]. - The company’s financial instruments are classified into three levels based on the observability of inputs used in the valuation[110]. - The financial instruments' fair value measurement utilized significant unobservable inputs, indicating a lack of market liquidity[123]. - The carrying amount of other financial instruments measured at cost did not differ materially from their fair value as of June 30, 2022[124]. - The company reported no transfers between fair value measurement levels during the six months ended June 30, 2022[123]. - The fair value measurement techniques employed were consistent with prior periods, ensuring comparability[123]. - The company’s financial assets included significant unobservable inputs, highlighting potential valuation risks[123]. Market Conditions - Concerns over rising inflation and geopolitical tensions continue to impact market outlook, with the Chinese government setting a GDP growth target of 5.5% for 2022[13].

Financial Performance - For the year ended December 31, 2021, DT Capital recorded a loss attributable to equity holders of approximately HKD 4,800,000, a significant reduction from a loss of HKD 40,900,000 in 2020, representing a decrease of about 88.3%[20] - The loss per share for 2021 was HKD 0.0021, compared to HKD 0.0179 in 2020, indicating an improvement in financial performance[20] - The unrealized fair value loss on listed securities was approximately HKD 5,920,000 in 2021, down from HKD 17,220,000 in 2020, reflecting a reduction of about 65.6%[20] - The company reported a significant increase in revenue, achieving a total of $X million for the fiscal year, representing a Y% growth compared to the previous year[59] - The company's revenue for the year ended December 31, 2021, was HKD 2,203,955, an increase from HKD 1,205,224 in 2020, representing a growth of approximately 83%[87] - The pre-tax loss for the year was HKD (4,725,630), a significant improvement compared to the loss of HKD (41,048,248) in the previous year[87] - The total assets as of December 31, 2021, amounted to HKD 128,340,397, up from HKD 121,058,470 in 2020, indicating a growth of about 6%[87] - The total liabilities decreased to HKD (1,726,297) from HKD (5,379,338) in 2020, showing a reduction of approximately 68%[87] - The net asset value increased to HKD 126,614,100 from HKD 115,679,132 in 2020, reflecting a growth of around 9%[87] Investment Strategy - The group invested approximately HKD 14,000,000 in listed securities during 2021, with no new investment projects initiated[23] - The company plans to allocate approximately HKD 15,720,000 from placement proceeds for potential investments related to biotechnology projects[24] - Management will continue to explore undervalued investment opportunities across different industries and regions to enhance shareholder returns[27] - The company has adopted an investment policy focused on capital appreciation through investments in listed and unlisted companies in Hong Kong and China, with a target investment horizon of less than one to five years[92] - The company’s main business focus remains on investment holding, with all revenue and operating performance contributions derived from investments in listed and unlisted companies in Hong Kong[78] - The company’s investment strategy includes seeking synergistic opportunities with other invested companies for mutual benefits[94] Shareholder Information - The total equity of the group was approximately HKD 126,610,000 as of December 31, 2021, compared to HKD 115,680,000 in 2020[43] - The group completed a placement of 455,880,000 shares at HKD 0.035 per share, increasing the issued share capital from 2,279,400,000 to 2,735,280,000 shares[46] - The group's debt-to-equity ratio was approximately 0.58% as of December 31, 2021, significantly reduced from 2.37% in 2020[44] - The company did not recommend the payment of a final dividend for the year ended December 31, 2021, consistent with the previous year[83] - Major shareholders include倍搏環球資產管理有限公司 with 504,410,000 shares, representing 18.44% of total issued shares[108] - Mass Trade Global Limited, owned by 劉俊達, holds 455,880,000 shares, accounting for 16.67% of total issued shares[110] - Vibrant Noble Limited, owned by 錢軍, possesses 379,900,000 shares, which is 13.89% of total issued shares[111] - Sharp Years Limited and its associated entities collectively hold 254,500,000 shares, making up 9.30% of total issued shares[111] - The company confirms that public shareholders own more than 25% of the total issued shares[130] Corporate Governance - The company’s board of directors includes a mix of executive, non-executive, and independent non-executive directors, ensuring governance and oversight[97] - The independent non-executive directors have reviewed related party transactions, confirming they are conducted under normal commercial terms[115] - The company has established an audit committee to oversee financial reporting and internal control systems[121] - The board of directors confirmed their responsibility for the integrity of the ESG report, ensuring all relevant issues are fairly presented[137] - The company has complied with the regulatory requirements set by the Hong Kong Stock Exchange and other relevant laws[125] Environmental, Social, and Governance (ESG) Initiatives - The environmental, social, and governance (ESG) report covers the fiscal year ending December 31, 2021, aligning with the company's financial year[135] - The ESG report adheres to the guidelines set forth in the Main Board Listing Rules Appendix 27, focusing on materiality, quantifiability, fairness, and consistency[138] - The governance structure includes a dedicated ESG working group to assist the board in overseeing ESG strategies and policies[145] - The ESG working group is responsible for monitoring performance and ensuring effective implementation of ESG policies and measures[145] - The company emphasizes transparency in communications with stakeholders regarding governance, business strategy, and performance[148] - The company recognizes the increasing demand for ESG investments and is committed to minimizing negative environmental and social impacts while creating long-term value for stakeholders[158] Employee Welfare and Development - Employee welfare is prioritized, with a focus on providing a fair working environment and opportunities for career development[159] - The company implements standardized management of employee work hours and paid leave, including annual leave and sick leave, to promote work-life balance[160] - The total number of employees in the company is 6, with no employee turnover reported during the fiscal year[179] - The employee training participation rate is 100% across all gender and employee levels, with an average training duration of 14 hours per employee in the fiscal year[173][174] - The company has maintained a zero incident rate for workplace injuries over the past three years, with no lost workdays due to employee injuries[167] - The company has established a professional training academy to enhance talent development and ensure employees possess the necessary skills[169] Risk Management - The company acknowledges risks related to economic and political stability that may impact earnings and operational costs[126] - The company emphasizes high ethical standards and has implemented a code of conduct to prevent corruption and money laundering[190] - There were no reported cases of fraud or significant risks related to financial misconduct during the reporting year[191] - The company respects intellectual property rights and ensures compliance with relevant laws and regulations[192]

DT CAPITAL DT CAPITAL LIMITED 股票代號: 356 鼎 立 資 本 有 限 公 司 (於開曼群島註冊成立之有限公司) 中 期 報 告 2021 公司資料 | --- | --- | |-------------------------------|----------------------------------| | | | | 董事會 | 提名委員會 | | 執行董事 | 阮智先生 （ 提名委員會主席） | | 宿春翔先生 | 陳仰德先生 | | 梁治維先生 | 夏旭衛先生 | | 陳令紘先生 | 公司秘書 | | 非執行董事 | 何劍鋒先生 | | 陳佩君女士 （主席） | | | 李鵬女士 | 法定代表 陳佩君女士 | | 獨立非執行董事 | 李德成先生 | | 陳仰德先生 | 核數師 | | 阮智先生 夏旭衛先生 | 香港立信德豪會計師事務所有限公司 | | 審核委員會 | 主要往來銀行 | | 陳仰德先生 （審核委員會主席） | 星展銀行（香港）有限公司 | | | 中國工商銀行（亞洲）有限公司 | | 阮智先生 夏旭衛先生 | 澳門國際銀行股份有限公司 | | 薪酬 ...

DT CAPITAL LIMITED 鼎 立 資 本 有 限 公 司 (於開曼群島註冊成立之有限公司) 股票代號: 356 DT CAPITAL 2020 年 報 目錄 目錄 公司資料 2 管理層討論及分析 4 董事之個人簡歷詳情 12 董事會報告 16 環境、社會及管治報告 25 企業管治報告 45 獨立核數師報告 56 綜合損益及其他全面收益表 61 綜合財務狀況表 62 綜合權益變動表 63 綜合現金流量表 64 綜合財務報表附註 66 01 鼎立資本有限公司 - 2020年年報 公司資料 公司資料 | --- | --- | |------------------------------------|------------------------------------| | 董事會 | 提名委員會 | | 執行董事 | 阮智先生 （提名委員會主席） | | 梁景裕先生 | 陳仰德先生 | | （於二零二零年十二月三十一日辭任） | 夏旭衛先生 | | 梁治維先生 | 梁景裕先生 | | 陳令紘先生 | （於二零二零年十二月三十一日辭任） | | 宿春翔先生 | | | （於二零二零年十月六日獲委任 ...

Financial Performance - The company recorded a net loss attributable to shareholders of approximately HKD 30,321,308 for the six months ended June 30, 2020, compared to a net loss of HKD 10,304,182 in 2019, resulting in a loss per share of HKD 1.33[9]. - Revenue for the six months ended June 30, 2020, was HKD 148,389,000, a decrease of 13.2% from HKD 171,025,000 in the same period of 2019[52]. - The company reported a pre-tax loss of HKD 31,107,190, which is a 201.5% increase from the loss of HKD 10,304,182 in the prior year[52]. - Total comprehensive loss attributable to equity holders for the period was HKD 30,321,308, compared to HKD 10,304,182 in the same period last year[52]. - The loss per share for the six months ended June 30, 2020, was HKD 1.33 cents, compared to HKD 0.45 cents in the previous year[52]. - The company reported realized losses of approximately HKD 490,000 on listed securities, compared to a gain of HKD 260,000 in 2019[12]. - The company incurred depreciation expenses of HKD 31,323 for property, plant, and equipment, and HKD 2,109,328 for right-of-use assets, showing an increase in asset utilization costs[77]. Financial Position - As of June 30, 2020, the group's cash, bank balances, and cash amounted to approximately HKD 42,120,000, an increase from HKD 35,650,000 as of December 31, 2019[22]. - Total borrowings, including other payables and accrued liabilities, were approximately HKD 3,980,000 as of June 30, 2020, down from HKD 5,710,000 as of December 31, 2019[22]. - The group's capital debt ratio was approximately 3.15% as of June 30, 2020, compared to 3.65% as of December 31, 2019[22]. - The net amount of financial asset investments was approximately HKD 81,120,000 as of June 30, 2020, down from HKD 105,660,000 as of December 31, 2019[22]. - Non-current assets decreased to HKD 7,833,654,000 from HKD 10,112,322,000 as of December 31, 2019, reflecting a decline of 22.5%[54]. - Current assets totaled HKD 124,408,149,000, down from HKD 154,967,681,000, indicating a decrease of 19.7%[54]. - The company's cash and cash equivalents at the end of the period were HKD 42,117,052,000, an increase from HKD 35,653,786,000 at the beginning of the period[63]. - The net cash used in operating activities was HKD 4,525,842, compared to HKD 3,563,114 in the same period last year, indicating a worsening cash flow situation[63]. Investment Strategy - The company plans to retain a high cash balance in 2020 to prepare for market volatility, with no new investment plans initiated since January 2020[15]. - The company will continue to seek long-term investment opportunities to enrich its investment portfolio while minimizing losses[21]. - The company expects to utilize approximately HKD 5,000,000 of net proceeds from previous placements for new investments in 2020[16]. - The company has not adopted any share option schemes[27]. - The company holds a 1.6% stake in Guangzhou Jinyang Aquaculture Co., Ltd., with no dividends received since January 2020[90]. - The company has a 16.67% equity interest in Diamond Motto Limited, holding 50 shares, with no dividends received since January 2020[91]. - A conditional agreement was signed on August 18, 2020, to sell shares of Diamond Motto Limited, expected to incur a loss of approximately 7,810,000 HKD[123]. Market Conditions - The company anticipates a global economic contraction of -3% in 2020 due to the COVID-19 pandemic, with a potential recovery growth of 5.8% in 2021[18]. - The company remains cautious about the impact of the COVID-19 pandemic on the global economy and its operations[18]. - Unrealized losses on financial assets measured at fair value through profit or loss increased to approximately HKD 23,730,000, up from HKD 7,360,000 in 2019[11]. - The company experienced a fair value loss of approximately HKD 22,110,000 on listed securities, compared to a loss of HKD 7,710,000 in 2019[12]. - Fair value losses on financial assets at fair value through profit or loss amounted to HKD (23,729,386), compared to HKD (7,364,297) in the previous period, indicating a significant decline[75]. Corporate Governance - The company maintained a sufficient public float of over 25% of its issued share capital as required by listing rules[42]. - The board has established corporate governance procedures in compliance with the corporate governance code as per the listing rules[45]. - The company did not recognize any Hong Kong profits tax provision due to carried forward tax losses exceeding estimated taxable profits for the periods[81]. - The average number of ordinary shares issued during the period remained at 2,279,400,000, with no dilutive shares issued[83]. - The issued and paid-up share capital remains at 2,279,400,000 shares, valued at HKD 22,794,000 as of June 30, 2020[94]. Employee Costs - Total employee costs during the review period were HKD 1,767,875, an increase from HKD 1,516,601 in the previous year[29]. - Employee costs, including directors' remuneration, rose to HKD 1,714,100 from HKD 1,466,534, indicating a growth of approximately 16.9%[77].

Financial Performance - For the year ended December 31, 2019, the group recorded a loss attributable to equity holders of approximately HKD 25,800,000, a decrease from HKD 45,200,000 in 2018, with a loss per share of HKD 0.0113 compared to HKD 0.0198 in 2018[11] - The unrealized loss on listed and unlisted securities decreased by approximately HKD 19,400,000 compared to the previous year, contributing to the reduced loss in 2019[11] - The group recorded an unrealized fair value loss on listed securities of approximately HKD 14,740,000 in 2019, down from HKD 22,370,000 in 2018, and realized gains of HKD 330,000,000 compared to HKD 5,240,000 in 2018[13] - The company's revenue for the year ended December 31, 2019, was HKD 2,169,604, a significant decrease from HKD 4,577,037 in 2018, representing a decline of approximately 52.6%[62] - The pre-tax loss for the year was HKD 26,302,496, compared to a loss of HKD 43,645,346 in the previous year, indicating an improvement of about 39.5%[62] - The total assets as of December 31, 2019, were HKD 165,080,003, down from HKD 184,467,603 in 2018, reflecting a decrease of approximately 10.5%[62] - The total liabilities increased to HKD 8,487,722 in 2019 from HKD 2,066,285 in 2018, marking a significant rise of about 311.5%[62] - The net asset value at the end of 2019 was HKD 156,592,281, down from HKD 182,401,318 in 2018, which is a decrease of approximately 14.1%[62] - The company's available reserves as of December 31, 2019, were approximately HKD 129,458,000, down from HKD 159,888,000 in 2018, indicating a reduction of about 19%[63] Investment Strategy and Performance - The company further invested approximately HKD 12,800,000 in the South Point project through its associate Purple Link Investment Limited, with total receivables amounting to HKD 22,400,000[12] - The construction of the South Point project is expected to be completed by December 2020, with total costs estimated at THB 704,000,000, anticipated to be refunded to Purple Link by June 2021[12] - The investment performance was significantly affected by economic, social, and political factors, including the US-China trade war and the COVID-19 pandemic[14] - The group maintained a strategy of retaining ample cash reserves in 2019 to prepare for market volatility, resulting in no new investment plans during the year[15] - The company plans to allocate approximately HKD 5,000,000 of the placement proceeds for new investments in 2020, depending on the economic and political situation[20] - The company has maintained a cautious approach to new investments due to the ongoing global economic turmoil and uncertainties in 2019[20] - The investment strategy focuses on identifying synergistic opportunities with other invested companies[67] - The company has maintained its investment policy since its adoption in 2014, with no changes made to its objectives or restrictions[69] Corporate Governance - The board of directors includes both executive and independent non-executive members, ensuring governance and oversight[70] - The board consists of eight directors, including three executive directors, two non-executive directors, and three independent non-executive directors[136] - The company has established a nomination committee to recommend suitable candidates for board appointments[141] - The board is responsible for overseeing the company's overall strategy, financial performance, and risk management[148] - The independent non-executive directors provide valuable insights and diverse perspectives to the board[138] - The board's decision-making process is designed to ensure objective decisions in the best interest of the company and its shareholders[148] - The board has confirmed compliance with listing rules regarding the appointment of at least three independent non-executive directors, ensuring they represent at least one-third of the board[139] - The remuneration committee conducted two meetings in 2019, reviewing the stock option plan and compensation policies for directors and senior management[156] - The audit committee held four meetings in 2019, reviewing interim and annual results, ensuring adherence to appropriate accounting principles[163] - The nomination committee conducted two meetings in 2019, assessing the board's structure, size, and the independence of non-executive directors[165] Compliance and Risk Management - The company has maintained compliance with the Hong Kong Listing Rules and other relevant laws and regulations[97] - The company has established policies to ensure compliance with applicable laws and regulations, maintaining high standards of business integrity[112] - The company has adhered to the corporate governance code regarding internal controls and risk management throughout the year[174] - The audit committee is tasked with reviewing the integrity of financial statements and internal controls to protect shareholder interests[161] - The company has maintained effective internal control and risk management systems, with no significant areas identified for improvement[170] - The audit committee has reviewed the internal control and risk management systems, confirming their effectiveness in safeguarding the group's assets[172] Environmental and Social Responsibility - The company emphasizes environmental protection as a key corporate responsibility, actively promoting eco-friendly practices[120] - The company consumed 9,106 kWh of electricity in the reporting year, an increase from 7,149 kWh in the previous year, with a monthly average of 759 kWh[122] - The average per capita electricity usage was 1,518 kWh, up from 1,192 kWh in the previous year[122] - Total carbon dioxide equivalent emissions from electricity usage were approximately 7,285 kg, compared to 5,648 kg in the previous year[122] - The company printed approximately 100 kg of paper during normal office operations, maintaining the same level as the previous year, with total carbon dioxide equivalent emissions from paper usage at 480 kg[125] - The company has established policies to ensure compliance with applicable laws and regulations, maintaining high standards of business integrity[112] - The company encourages employee development through both in-house and external professional training opportunities[111] - The company is committed to providing a pleasant, safe, and healthy working environment for its employees[108] Shareholder Communication - The company has communicated effectively with shareholders through various channels, including annual reports and shareholder meetings[179] - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2019[190] - The company has complied with the relevant provisions of the listing rules throughout the year, ensuring proper financial reporting and disclosures[176]