Financial Performance - The group recorded revenue of approximately HKD 49,727,000 for the six months ended June 30, 2021, a decrease of 5.4% compared to HKD 52,863,000 for the same period in 2020[4] - Profit attributable to the owners of the company was approximately HKD 171,611,000, significantly up from HKD 10,853,000 in the same period last year, representing a growth of 1,480%[4] - The total comprehensive income for the period was HKD 168,045,000, compared to HKD 1,340,000 for the same period in 2020[15] - Basic and diluted earnings per share were HKD 6.17 for the current period, compared to HKD 0.39 for the same period last year[22] - The company reported a pre-tax profit of HKD 171,709 thousand for the six months ended June 30, 2021, compared to HKD 175,721 thousand in 2020, a decrease of 2.3%[66] - The pre-tax profit for the six months ended June 30, 2021, was HKD 11,748 million, compared to HKD 13,260 million for the same period in 2020, indicating a decrease of 11.4%[70] - Interest income for the six months ended June 30, 2021, was HKD 72 million, significantly down from HKD 1,387 million in the same period of 2020[82] Assets and Liabilities - The group held financial assets at fair value through profit or loss amounting to approximately HKD 456,355,000 as of June 30, 2021, an increase of 54.7% from HKD 294,903,000 as of December 31, 2020[6] - The net current assets amounted to approximately HKD 1,426,884,000, up from HKD 1,245,863,000 as of December 31, 2020, indicating a growth of 14.5%[6] - Total assets less current liabilities amounted to approximately HKD 1,590,229,000, an increase from HKD 1,422,184,000 as of December 31, 2020[6] - The total assets of the group as of June 30, 2021, were HKD 1,627,446 million, an increase from HKD 1,456,134 million as of December 31, 2020, reflecting a growth of 11.7%[74] - The group reported a total liability of HKD 37,217 million as of June 30, 2021, compared to HKD 33,950 million as of December 31, 2020, marking an increase of 9.0%[74] - The group’s total liabilities increased by 9.0% from HKD 33,950 million as of December 31, 2020, to HKD 37,217 million as of June 30, 2021[74] Cash Flow - The group’s cash and bank balances were approximately HKD 114,312,000 as of June 30, 2021, down from HKD 204,512,000 as of December 31, 2020[6] - The net cash used in operating activities for the six months ended June 30, 2021, was HKD (91,290) thousand, compared to HKD (115,172) thousand for the same period in 2020, indicating a 20.7% improvement[51] - The net cash generated from investing activities was HKD 4,213 thousand in 2021, down from HKD 7,486 thousand in 2020, showing a decrease of 43.4%[51] - The total cash and cash equivalents at the end of the period were HKD 114,312 thousand, down from HKD 258,677 thousand at the end of June 2020, a decline of 55.8%[51] Dividends - The company did not recommend the payment of an interim dividend for this period[5] - The company did not recommend an interim dividend for the six months ended June 30, 2021, consistent with the previous year[90] Credit and Receivables Management - The company has maintained a credit limit review process for potential borrowers, ensuring strict control over trade receivables[142] - The company continues to evaluate the credit quality of potential clients before granting credit limits, with an average credit period of 30 days for customers[138] - As of June 30, 2021, the total trade receivables overdue amounted to approximately HKD 0, compared to HKD 346,000 as of December 31, 2020[143] - The estimated impairment loss provision for trade receivables as of June 30, 2021, was approximately HKD 1,003,000, with no provision recorded as of December 31, 2020[144] - The expected credit loss provision for trade receivables was assessed as not significant due to the absence of default history from counterparties, with other receivables and prepayments totaling approximately HKD 7,115,000 as of June 30, 2021[164] - The overdue trade receivables are related to independent clients with a good track record, leading management to believe that no impairment provision is necessary[143] Legal Proceedings - The company has ongoing legal proceedings involving Classictime Investments Limited, which may impact its financial position, although the outcome remains uncertain[193] - The company is involved in ongoing legal proceedings related to a claim against Authority Securities, seeking a declaration that a previous judgment was obtained through fraud[200] - The claim against Authority Securities has been stayed due to a liquidation order mentioned in the report[200] - An appeal was filed by Mr. Sin against the Coleman J order on March 9, 2020, with the hearing taking place on July 9, 2021[200] - As of the report date, the judgment regarding the appeal has not yet been delivered[200] Financial Instruments and Fair Value - The company’s financial instruments are primarily measured at amortized cost, with fair value approximating book value for certain assets and liabilities[186] - The fair value changes in financial assets for the six months ended June 30, 2021, included a transfer of one asset from Level 3 to Level 1, indicating a shift in valuation[192] - The company reported a fair value gain of HKD 2,107 thousand for the period, reflecting positive market conditions[191] - The company’s investment in listed equity securities classified as fair value through profit or loss was HKD 72,960 thousand as of June 30, 2021, compared to HKD 67,144 thousand at the end of 2020[187]

Financial Performance - The group's revenue for the year ended December 31, 2020, was approximately HKD 101,716,000, an increase of about 20.84% compared to HKD 84,172,000 in 2019[12]. - The net profit attributable to the company's owners significantly increased to approximately HKD 44,190,000, compared to a net loss of approximately HKD 71,651,000 in 2019, marking a turnaround[13]. - Gross profit for 2020 was HKD 80.030 million, compared to HKD 74.116 million in 2019, reflecting an increase of 7.8%[187]. - The profit before tax for 2020 was HKD 46.716 million, a significant recovery from a loss of HKD 69.433 million in 2019[187]. - The net profit for the year was HKD 44.179 million, compared to a loss of HKD 71.243 million in the previous year[187]. - Total comprehensive income for the year was HKD 37.833 million, a recovery from a total comprehensive loss of HKD 69.861 million in 2019[187]. - Basic earnings per share for 2020 was HKD 1.59, compared to a loss per share of HKD 2.57 in 2019[189]. - The company reported a significant reduction in administrative expenses, amounting to HKD 24.727 million in 2020, down from HKD 60.870 million in 2019[187]. Revenue Sources - Interest income from the lending business grew by approximately 14.64% compared to 2019, contributing to the overall revenue increase[12]. - Margin financing interest income surged to approximately HKD 12,665,000, a growth of about 107.05% from HKD 6,117,000 in 2019[12]. - The new trading business related to medical products contributed approximately HKD 14,844,000 in revenue, which was not present in 2019[12]. - The revenue from the group's securities business was approximately HKD 16,425,000, a significant increase of about 102.68% compared to HKD 8,104,000 in 2019[18]. - The lending business generated interest income of approximately HKD 55,342,000, an increase of about 14.64% compared to HKD 48,274,000 in 2019[22]. Business Segments - The lending segment's profit for the year was approximately HKD 38,604,000, up from HKD 30,248,000 in 2019[13]. - The financial services segment turned a profit of approximately HKD 958,000, recovering from a loss of approximately HKD 26,902,000 in the previous year[13]. - The new trading business focused on medical products contributed approximately HKD 14,844,000 in revenue and generated an operating profit of about HKD 386,000[24]. Investment and Assets - The group reduced its investment portfolio size to allocate more resources to better-performing business activities, achieving a turnaround in the asset investment segment[25]. - The group's bond investment interest income for the year was approximately HKD 15,105,000, a decrease of about 45.65% compared to HKD 27,794,000 in 2019[27]. - As of December 31, 2020, the group's financial assets measured at fair value through profit or loss amounted to approximately HKD 294,903,000, up from HKD 249,128,000 in 2019[28]. - The group's investment in listed equity securities was approximately HKD 227,759,000 as of December 31, 2020, compared to HKD 150,673,000 in 2019[28]. - The fair value of the group's listed bond investments was zero as of December 31, 2020, down from HKD 11,705,000 in 2019[28]. Financial Position - The company has approximately HKD 204,512,000 in bank balances and cash as of December 31, 2020, down from HKD 389,225,000 in 2019[49]. - The net current assets reached approximately HKD 1,245,863,000, an increase from HKD 1,034,024,000 in 2019[49]. - The current ratio is approximately 41.14 times, up from 21.44 times in 2019[49]. - The debt-to-asset ratio is approximately 2.33%, improved from 3.54% in 2019[49]. - The company has zero outstanding borrowings as of December 31, 2020, compared to HKD 20,800,000 in 2019[49]. Corporate Governance - The board comprises experienced directors with extensive backgrounds in finance and management, enhancing governance[66]. - The company has adopted the Corporate Governance Code and has complied with all applicable provisions, except for a deviation noted in paragraph A.2.1[121]. - The board consists of five members, including two executive directors and three independent non-executive directors, who held seven meetings during the year[123]. - The audit committee held four meetings during the year to review the group's financial statements and discuss the effectiveness of internal controls and risk management[141]. - The company emphasizes good corporate governance standards to enhance shareholder value and manage risks effectively[120]. Future Plans - The group plans to enhance its digital and intelligent trading services to improve user experience and strengthen core competitiveness[9]. - The group aims to explore new investment opportunities in fintech, vaccination, and health check services as part of its future strategy[10]. - The company plans to expand its business by hiring licensed representatives from defunct small and medium-sized securities firms[44]. - The company aims to enter the IPO margin financing business, having established an arrangement with a licensed bank in October 2020[44]. - The company plans to expand its lending business to include retail loans and project financing[45]. Employee Relations - The group employed 29 employees as of December 31, 2020, providing regular training to enhance employee capabilities[54]. - The group has maintained good relationships with employees, customers, and suppliers, which is crucial for achieving its business objectives[84]. Risk Management - The group has engaged an independent firm to assist in identifying and assessing risks, and to conduct internal control audits, with the board adopting recommended measures for risk management[151]. - The enterprise risk management framework was established in 2017, with the board responsible for maintaining effective internal controls and management responsible for implementing the system[152]. - The group employs a "three lines of defense" governance structure for risk management, with a risk register maintained to track significant identified risks[154].

Financial Performance - The group recorded revenue of approximately HKD 52,863,000 for the six months ended June 30, 2020, compared to HKD 41,180,000 for the same period in 2019, representing a growth of 28.5%[4] - The profit attributable to the company's owners was approximately HKD 10,853,000, down from HKD 13,353,000 in the same period of 2019, indicating a decrease of 18.7%[4] - The total comprehensive income for the period was HKD 1,340,000, significantly lower than HKD 22,448,000 for the same period in 2019, showing a decline of 94.0%[10] - The company reported a basic and diluted earnings per share of HKD 0.39 for the period, down from HKD 0.48 in the same period of 2019[10] - The pre-tax profit for the six months ended June 30, 2020, was HKD 11,748,000, a significant increase from HKD 14,569,000 in the previous year[36] - The financial services segment reported a loss of HKD 2,121,000, while the trading segment achieved a profit of HKD 16,020,000, contributing to an overall profit of HKD 13,260,000[36] Assets and Liabilities - The group held financial assets at fair value through profit or loss amounting to approximately HKD 284,303,000 as of June 30, 2020, an increase from HKD 249,128,000 as of December 31, 2019[6] - The total assets amounted to HKD 1,202,354,000 as of June 30, 2020, compared to HKD 1,084,611,000 as of December 31, 2019, indicating an increase of 10.9%[11] - The total liabilities decreased to HKD 48,464,000 as of June 30, 2020, from HKD 50,749,000 as of December 31, 2019[42] - The total equity as of June 30, 2020, was HKD 1,385,604 thousand, a marginal increase from HKD 1,383,677 thousand as of December 31, 2019[13] - The company's non-current liabilities related to lease liabilities increased to HKD 6,291 thousand as of June 30, 2020, from HKD 162 thousand as of December 31, 2019[13] Cash Flow and Financing - The net cash used in operating activities for the six months ended June 30, 2020, was HKD (115,172) thousand, compared to HKD (74,562) thousand for the same period in 2019, indicating a decline in operational cash flow[17] - The net cash used in financing activities for the six months ended June 30, 2020, was HKD (22,862) thousand, compared to HKD (13,845) thousand in the same period of 2019, indicating increased financing costs[17] - The company’s cash and cash equivalents decreased by HKD 130,548 thousand during the six months ended June 30, 2020, compared to a decrease of HKD 80,414 thousand in the same period of 2019[17] - The company had no outstanding borrowings, a decrease from HKD 20,800,000 on December 31, 2019[195] Receivables and Credit Management - Total receivables and interest as of June 30, 2020, amounted to HKD 471,761,000, an increase from HKD 368,310,000 as of December 31, 2019, reflecting a growth of about 28.1%[64] - The company reported that approximately 73.31% of receivables and interest were fully secured by collateral as of June 30, 2020, compared to 84.99% as of December 31, 2019[70] - The overdue trade receivables amounted to approximately HKD 530,000 as of June 30, 2020, with no prior default records from the related independent clients[117] - The company maintains strict control over its trade receivables to minimize credit risk, with an average credit term of 30 days for its customers[115] Investment Activities - The company reported a significant increase in the fair value changes of financial assets, amounting to HKD 2,838,000 compared to HKD 9,240,000 in the previous year[50] - The investment portfolio included 12 listed equity securities, with 11 of them representing about 3.81% of the group's total assets as of June 30, 2020[173] - The group held 674,762,000 shares of Kang Jian International Medical Group, representing approximately 8.97% of its issued shares, with a book value of about HKD 153,171,000[184] - The group recorded a fair value gain of approximately HKD 18,219,000 from its investment in Kang Jian during the period[184] Business Strategy and Future Outlook - The company plans to expand its lending business into retail lending and project financing, with a new subsidiary registered on July 31, 2020, applying for a money lender license[192] - The company is actively exploring opportunities to diversify its business scope to mitigate market volatility impacts[189] - The company is enhancing its collaboration with referral agents to expand its loan portfolio and customer base[191] - The trade branch is developing its website to capture online market opportunities and is negotiating exclusive distribution of medical products with local and overseas suppliers[192] Legal and Compliance - The company is currently involved in multiple legal proceedings, including a lawsuit against its wholly-owned subsidiary, Classictime Investments Limited, which may impact its financial status[144] - The company has not made any provisions for the ongoing legal proceedings, as it is currently deemed too early to assess potential outcomes[152] - The company has identified errors in previously reported financial data and has made corrections to the comparative information for the six months ended June 30, 2019[154]

Financial Performance - The company recorded revenue of approximately HKD 84,172,000 for the year ended December 31, 2019, representing an increase of about 102.27% compared to HKD 41,613,000 in 2018[21] - The net loss attributable to shareholders narrowed to approximately HKD 71,651,000, a decrease of about 85.70% from HKD 500,918,000 in 2018[21] - The fair value loss on financial assets decreased to approximately HKD 68,884,000, down from HKD 389,366,000 in 2018[21] - The financial services segment generated revenue of approximately HKD 8,104,000, an increase from HKD 7,396,000 in the previous year, but recorded an operating loss of about HKD 26,902,000, compared to HKD 24,072,000 the previous year[24] - The lending business reported interest income of approximately HKD 48,274,000, representing a year-over-year increase of about 137.34%, with operating profit rising by approximately 152.68% to HKD 30,248,000[26] - The asset investment segment saw a significant reduction in losses from fair value changes, decreasing from approximately HKD 389,366,000 to about HKD 68,884,000[27] - Bond investments generated interest income of approximately HKD 27,794,000, an increase of about 100.29% compared to the previous year[28] - The lending business contributed approximately 57.35% of the group's total revenue, serving as a key driver for improved performance and cash flow[26] Cash and Liquidity - Cash and cash equivalents stood at approximately HKD 389,225,000 as of December 31, 2019, compared to HKD 224,543,000 in 2018[22] - The group's current ratio was approximately 21.44 times, up from 17.85 times in 2018, indicating improved liquidity[65] - The debt-to-asset ratio was approximately 3.54%, a decrease from 6.41% in 2018, reflecting a stronger balance sheet[65] - The group’s financial assets at fair value through profit or loss were approximately HKD 249,128,000, down from HKD 420,696,000 the previous year[30] - The group held bank balances and cash of approximately HKD 389,225,000, an increase from HKD 224,543,000 in 2018[65] Investment Strategy - The company plans to continue cautious evaluation of new investments and prudent management of existing loans and bond portfolios in response to market uncertainties[19] - The company aims to diversify its business through acquisitions at relatively low costs during the economic downturn[19] - The group is actively seeking opportunities in the securities capital market advisory business, although efforts have been hampered by adverse investment conditions[24] - The group aims to expand its investment scope and build a more balanced portfolio covering both short-term and long-term returns[60] - The group will consider reasonable adjustments to its bond investment direction in response to market changes, as the bond market is expected to be a safe haven for stable returns[63] Risk Management - The company faces significant risks including changes in legal regulations, credit risk in its loan portfolio, and market risk related to its financial asset investments[59] - The company’s overall liquidity and financial guidance are under strict monitoring to ensure financial stability[59] - The company has established internal controls for collecting, using, and retaining data related to the expected credit loss measurement[197] - The company employs a "three lines of defense" governance structure for risk management, involving operational management, financial and compliance teams, and independent internal audits[177] - The effectiveness of the risk management framework is evaluated at least annually, ensuring alignment with the company's objectives[177] Corporate Governance - The company has adopted the corporate governance code principles and complied with all applicable code provisions, except for a deviation regarding the roles of the chairman and CEO[136] - The board of directors consists of five members, including two executive directors and three independent non-executive directors, with eight meetings held during the year[138] - The independent non-executive directors have confirmed their independence according to the relevant guidelines, ensuring compliance with the listing rules[146] - The company has maintained a high standard of corporate governance, which is believed to enhance accountability to shareholders and creditors[135] - The board is responsible for formulating the business strategy and overall policy, while management is authorized to implement the group's strategies and business objectives[138] Shareholder Information - The company has adopted a dividend policy aimed at sharing profits with shareholders while retaining liquidity for future growth opportunities[187] - The board has the discretion to declare dividends based on operational and financial performance, capital needs, and economic conditions[187] - Shareholders holding at least 1/20 of the total voting rights or 100 shareholders can submit a request for a resolution at the general meeting, with costs borne by the requesting shareholders[186] - The company must convene a special general meeting within 21 days of receiving a valid request if the board does not call a meeting[186] - Shareholders can inquire about their shareholdings through the company's transfer agent or by contacting the company directly[184] Employee and Community Engagement - The group employed 24 staff members as of December 31, 2019, and provides regular training to enhance employee capabilities[69] - The group made charitable donations amounting to HKD 10,000 during the year, compared to none in the previous year[89] Audit and Compliance - The total fees paid or payable to the auditor for audit and non-audit services amounted to HKD 1,708,000, with audit services accounting for HKD 1,500,000[168] - The independent auditor's report confirms that the consolidated financial statements reflect the group's financial position accurately as of December 31, 2019[190] - The audit committee held two meetings during the year to review the audited consolidated financial statements for the year ended December 31, 2018, and the unaudited consolidated financial information for the six months ended June 30, 2019[163]

Financial Performance - The group recorded revenue of approximately HKD 41,180,000 for the six months ended June 30, 2019, compared to HKD 10,393,000 for the same period in 2018, representing a significant increase[5]. - The profit attributable to the owners of the company was approximately HKD 2,957,000, a turnaround from a loss of HKD 202,559,000 in the same period last year, primarily due to a substantial increase in turnover, particularly in the lending business[5]. - The total comprehensive income for the period was HKD 22,448,000, a significant improvement from a loss of HKD 210,610,000 in the previous year[11]. - The basic and diluted earnings per share were HKD 0.11, compared to a loss of HKD 6.56 in the same period last year[11]. - The group reported a pre-tax profit of HKD 4,173,000 for the six months ended June 30, 2019, reflecting improved performance compared to the previous year[54]. - The company reported a net profit of HKD 2,957,000 for the six months ended June 30, 2019, compared to a loss of HKD 202,559,000 in the same period of 2018[90]. Assets and Liabilities - The total assets amounted to approximately HKD 1,112,781,000 as of June 30, 2019, compared to HKD 1,099,549,000 as of December 31, 2018[13]. - The group’s net current assets were approximately HKD 938,521,000, with a current ratio of 6.39 times, down from 17.85 times as of December 31, 2018[7]. - The total liabilities, including current and non-current liabilities, were HKD 1,916 thousand as of June 30, 2019, compared to HKD 37,400 thousand as of December 31, 2018[15]. - The total receivables and interest as of June 30, 2019, amounted to HKD 467,352,000, an increase of 16.2% from HKD 402,207,000 as of December 31, 2018[99]. - The company’s current liabilities, including trade and other payables, lease liabilities, and borrowings, totaled HKD 174,260 thousand as of June 30, 2019, compared to HKD 61,600 thousand at the end of 2018[15]. Cash Flow and Financing - The net cash used in operating activities for the six months ended June 30, 2019, was HKD (74,562) thousand, compared to HKD (303,307) thousand for the same period in 2018[20]. - The net cash used in financing activities for the six months ended June 30, 2019, was HKD (13,845) thousand, a significant improvement from HKD (71,540) thousand in the same period of 2018[20]. - The company reported a net cash inflow from investing activities of HKD 7,993 thousand for the six months ended June 30, 2019, compared to a net cash outflow of HKD (21,022) thousand in the same period of 2018[20]. - The company’s bank balances and cash amounted to approximately HKD 144,129,000 as of June 30, 2019, down from HKD 224,543,000 as of December 31, 2018[149]. Investment and Securities - The fair value losses from securities investments decreased significantly to approximately HKD 2,266,000, down from HKD 156,131,000 in the previous year[5]. - The fair value of listed equity securities was HKD 16,412,000, while the fair value of listed bond investments was HKD 400,006,000 as of June 30, 2019[137]. - Approximately 94.88% of the receivables and interest were fully secured by collateral as of June 30, 2019, compared to 88.84% as of December 31, 2018[115]. - The group recognized right-of-use assets of approximately HKD 5,498,000 and lease liabilities of approximately HKD 5,555,000 due to the initial application of HKFRS 16[45]. Business Segments - The financial services segment generated revenue of HKD 3,970,000, while the lending segment contributed HKD 23,884,000, and the asset investment segment brought in HKD 13,326,000 for the same period[54]. - Lending business saw significant growth, with interest income increasing approximately 5.3 times to about HKD 23,884,000 in the first half of 2019, contributing to 58% of total revenue, up from 36% year-on-year[154]. - The asset investment segment reported a loss of approximately HKD 198,000 in the first half of 2019, a significant reduction from a loss of HKD 168,896,000 in 2018, primarily due to reduced losses from securities investments[155]. Risk Management and Strategy - The company implemented a business development strategy focused on "stabilizing scale, adjusting structure, and reducing risk" to navigate market challenges[151]. - The group has established clear risk management policies to address market changes and improve losses in the financial services segment[152]. - The management has established robust risk control mechanisms and expanded the range of products offered[151]. Dividends and Shareholder Information - The board did not recommend the payment of an interim dividend for this period[6]. - The company did not declare an interim dividend for the six months ended June 30, 2019, consistent with the previous year[95]. - As of June 30, 2019, Mr. Cai Zhenzhong holds 822,480,000 shares, representing 29.55% of the company's issued share capital[198]. - Mr. Xue Shixiong holds 27,830,000 shares, representing 1.00% of the company's issued share capital[198].

Financial Performance - The company reported a revenue increase of 17% to approximately HKD 41,613,000 for the year ended December 31, 2018, compared to HKD 35,545,000 in 2017[7]. - The net loss attributable to the company's owners significantly reduced to approximately HKD 437,330,000, down from HKD 922,661,000 in 2017[7]. - The total comprehensive loss for the year was HKD 522,853,000, down from HKD 912,738,000 in the previous year, reflecting a decrease of approximately 42.7%[195]. - Basic and diluted loss per share improved to HKD 14.23 in 2018 from HKD 31.66 in 2017, showing a reduction of about 55.1%[195]. - The company's equity attributable to owners decreased to HKD 1,443,927,000 in 2018 from HKD 2,009,327,000 in 2017, reflecting a decrease of about 28.1%[200]. Revenue Sources - Interest income from the newly introduced bond investment business amounted to approximately HKD 13,877,000, representing 33% of total revenue[8]. - The lending business has seen significant growth, with revenue reaching approximately HKD 20,340,000, a nearly fivefold increase compared to HKD 3,511,000 in 2017[15]. - The financial services segment generated revenue of approximately HKD 7,396,000, a decrease from HKD 32,034,000 in 2017, with a net loss of approximately HKD 24,072,000[12]. - New income from bond investments generated approximately HKD 13,877,000, accounting for about 33% of total revenue for the year[16]. Asset Management - The outstanding principal amount of receivable loans as of December 31, 2018, was approximately HKD 402,207,000, up from HKD 27,560,000 in 2017[15]. - As of December 31, 2018, the financial assets at fair value through profit or loss amounted to approximately HKD 248,004,000, down from HKD 765,733,000 in 2017[17]. - The group’s significant receivables and interest amounted to approximately HKD 404,849,000, representing about 26.21% of the group's total assets[176]. - Approximately 88.84% of the receivables and interest are secured by collateral[176]. Investment Strategy - The company aims to further expand its loan portfolio and actively explore other potential investment opportunities to generate more stable recurring income[8]. - The company is actively exploring potential investment opportunities to diversify income sources and generate more stable revenue streams[16]. - The introduction of new investment strategies aims to enhance the company's overall financial performance and mitigate risks associated with market volatility[16]. - The company plans to adjust its investment portfolio in response to market changes and may consider acquiring other potential investments[31]. Risk Management - The company is enhancing its risk management policies to mitigate credit, liquidity, market, and information technology risks[35]. - The board has established a risk management framework to identify and assess risks, ensuring that significant risks are monitored at least annually[152]. - The company has engaged external professionals to review its internal control and risk management systems annually, aiming to enhance their effectiveness[154]. - The company has adopted a "three lines of defense" governance structure for risk management, combining operational management, financial compliance teams, and independent internal audits[154]. Corporate Governance - The company has adopted the Corporate Governance Code and complied with all applicable provisions during the year ended December 31, 2018[121]. - The board consists of five members, including two executive directors and three independent non-executive directors[123]. - The company has maintained good corporate governance standards to enhance accountability to shareholders and creditors[120]. - The company has arranged suitable insurance coverage for its directors to protect against legal actions[107]. Shareholder Information - The company did not recommend the payment of a final dividend for the year[68]. - The company has adopted a dividend policy aimed at sharing profits with shareholders while retaining liquidity for future growth opportunities[165]. - Shareholders holding at least 1/20 of the total voting rights or 100 shareholders can submit a request for a resolution at the annual general meeting, with costs borne by the requesting shareholders[164]. - The independent auditor's report confirms that the consolidated financial statements reflect the group's financial position as of December 31, 2018, in accordance with Hong Kong Financial Reporting Standards[168]. Employment and Training - The group employed 36 staff members as of December 31, 2018, and provides regular training to enhance employee capabilities[51]. - The company secretary has completed no less than 15 hours of relevant professional training during the year[160].