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的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公佈僅供參考，並不構成收購、購買或認購時富優越價值股票開放式基金型公 司任何證券或投資於時富優越價值股票開放式基金型公司之邀請或收購建議。 時富金融服務集團有限公司* (Incorporated in Bermuda with limited liability) (Stock code: 510) CASH FINANCIAL SERVICES GROUP LIMITED 時富金融服務集團有限公司* （於百慕達註冊成立之有限公司） （股份編號：510） 時富投資集團有限公司 * (Incorporated in Bermuda with limited liability) (Stock code: 1049) CELESTIAL ASIA SECURITIES HOLDINGS LIMITED 時富投資集團有限公司* （於百慕達註冊成立之有限公司） （股份編號：1049） 聯合公佈 須予披露交易 ...

格隆汇8月14日丨时富金融服务集团(00510.HK)宣布，本公司将于2025年8月27日（星期三）举行董事会 会议，藉以考虑及批准（其中包括）本公司及其附属公司截至2025年6月30日止六个月期间的中期业绩 及其发布，及考虑建议派发中期股息（如有） ...

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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CASH FINANCIAL SERVICES GROUP LIMITED 時富金融服務集團有限公司* ( 於百慕達註冊成立之有限公司 ) (股份編號: 510) 董 事 會 召 開 日 期 承董事會命 公司秘書 張雪萍 香港，二零二五年八月十四日 於本公佈發表日期，本公司之董事為:- CASH Financial Services Group Limited 時富金融服務集團有限公司（「本公司」）之董事 會（「董事會」）宣佈，本公司將於二零二五年八月二十七日（星期三）舉行董事會會議， 藉以考慮及批准（其中包括）本公司及其附屬公司截至二零二五年六月三十日止六個月 期間之中期業績及其發佈，及考慮建議派發中期股息（如有）。 獨立非執行董事 : 關百豪博士 ，銅紫荊星章，太平紳士 鄭樹勝先生 關廷軒先生 勞明智先生 張子睿先生 黃思佳女士 黎偉光先生 本公佈之中英文版本如有任何歧義，概以英文版本為準。 * 僅 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: CASH Financial Services Group Limited （時富金融服務集團有限公司） 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00510 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.04 | HKD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD ...

Quantphemes 已广获业界认可，并与屡获殊荣的时富量化金融集团建立合作夥伴关系。Quantphemes 曾 荣获多项金融科技奖项，当中包括 ETNet 颁发的二零二四年度杰出人工智能算法交易平台。该平台由 持牌机构营运，并与多家领先金融机构维持策略性合作关系。 Quantphemes 是本港首个 AI 驱动的一站式交易平台，标志着金融科技的一个重要转捩点，率先为不同 程度的投资者提供先进的 AI 驱动交易工具。Quantphemes 能够消除以往限制散户参与演算交易的障 碍，引领金融普及化的新潮流。 随着生成式 AI 交易平台市场迅速增长，Quantphemes 已准备就绪，务求为新一代的量化交易者提供以 往只有专业机构才有机会采用的先进工具、见解及自动化能力。 格隆汇7月21日丨时富金融服务集团(00510.HK)及时富投资(01049.HK)联合宣布，时富投资集团已开发 名为 Quantphemes 的人工智能("AI")赋能量化交易及社群平台。 Quantphemes 于2023年成立，秉持革命性的愿景，致力为散户投资者提供顶尖的量化交易工具。一直以 来，AI 驱动的交易技术主要为专业机构所采用 ...

Group 1 - The core viewpoint of the news highlights the recent performance of Times Financial Services Group, noting a significant increase in its stock price despite a year-to-date decline [1][2] - As of June 26, the Hang Seng Index fell by 0.61%, while Times Financial Services Group's stock rose by 9.26%, with a trading volume of 252.17 thousand shares and a turnover of 76.23 thousand HKD [1] - Financial data shows that for the year ending December 31, 2024, Times Financial Services Group achieved total revenue of 69.47 million HKD, a year-on-year increase of 11.86%, while the net profit attributable to shareholders was -32.51 million HKD, reflecting a 63.15% increase [1] Group 2 - Currently, there are no institutional investment ratings for Times Financial Services Group, and its price-to-earnings (P/E) ratio stands at -3.32, ranking 136th in the industry [2] - The average P/E ratio for the other financial sector is 30.58, indicating that Times Financial Services Group is significantly undervalued compared to its peers [2] - Other companies in the financial sector have P/E ratios such as Oriental Financial Securities at 1.93, China Merchants China Fund at 2.41, and Hong Kong Credit at 3.49, all of which are higher than Times Financial Services Group [2] Group 3 - Times Financial Services Group, established in 1972, is a leading financial services group in Hong Kong, offering a comprehensive range of financial products and quality investment services [3] - The company provides services including mobile and premium trading, investment banking, corporate finance consulting, wealth and asset management, and fintech platforms [3] - Times Financial is recognized for its innovative capabilities, having launched Hong Kong's first online financial trading platform in 1998, and continues to enhance customer trading experiences through mobile trading services [3]

Financial Performance - The group's revenue for the year ended December 31, 2024, was approximately HKD 50.8 million, a decrease from HKD 58.4 million in the previous year, representing a decline of about 12.9%[17]. - Total revenue for the group decreased by 13.0% from HKD 58.4 million in 2023 to HKD 50.8 million in 2024[31]. - Brokerage income decreased by approximately 16.3% to HKD 11.8 million from HKD 14.1 million in 2023, reflecting a challenging capital market environment in Hong Kong[17]. - Wealth management service revenue remained stable at HKD 6.6 million, compared to HKD 6.7 million in 2023[18]. - Investment management services generated revenue of HKD 5.1 million, an increase from HKD 4.5 million in the previous year, indicating a growth of approximately 13.3%[18]. - Interest income decreased by HKD 7 million to HKD 22.8 million from HKD 29.8 million in 2023, primarily due to stabilizing market interest rates[19]. - The group recorded a net loss attributable to shareholders of approximately HKD 35.1 million for the year, significantly improved from a net loss of HKD 95.2 million in 2023[20]. - The impairment charge for the year was approximately HKD 400,000, a substantial decrease from HKD 42.9 million in the previous year, reflecting improved credit control measures[20]. Business Expansion and Development - The company established a new office in Qingdao, enhancing its business network in key economic regions of China, including the Greater Bay Area and the Yangtze River Delta[13]. - The company participated as a joint lead manager and underwriter in Horizon's IPO, contributing significantly to revitalizing the local stock market[13]. - The company won the "Best Financial Services Award in the Greater Bay Area," reflecting its successful expansion of the customer base and deepening interactions through various promotional activities[13]. - The group has expanded its wealth management and family office services in the Greater Bay Area and other major cities, aiming to capture significant market opportunities[18]. - The company is focusing on expanding investment-related services and enhancing distribution channels through internal sales team training and development[45]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share within the next two years[58]. Technological Innovation - The company upgraded its trading platform and integrated it with backend systems to streamline operations and enhance customer experience[13]. - The company is initiating a research program to integrate AI technology into investment decision-making processes, aiming to provide real-time insights for global asset allocation and tactical security selection[14]. - The company launched a research project to apply artificial intelligence for real-time decision-making in global asset allocation and tactical security selection[41]. - The company is investing $5 million in research and development for new trading algorithms to improve trading efficiency[60]. Employee and Workforce Management - The total employee wage cost for the group was HKD 45,500,000 for the year[47]. - The group employed 106 employees as of December 31, 2024[47]. - The employee turnover rate decreased to 25.62% in 2024 from 31.46% in 2023, indicating an improvement in employee retention[175]. - The company has implemented various training programs to enhance employee skills and overall competitiveness, including product knowledge and compliance training[49]. - The company achieved a total of 4,366 training hours during the reporting period, compared to 1,428 hours in 2023[181]. - 100% of male employees and 95.83% of female employees received training in 2024, with average training hours of 47.31 and 33.79 respectively[181]. Corporate Governance - The company has fully complied with the corporate governance code for the year ending December 31, 2024, with some exceptions noted[67]. - The board consists of five executive directors and three independent non-executive directors, ensuring over one-third of the board members are independent[72]. - The company maintains a mechanism to ensure the board receives independent opinions and views, which is reviewed annually[76]. - The board is responsible for overall strategy formulation, reviewing corporate and financial policies, and overseeing business management[77]. - The company has established a nomination committee to identify suitable candidates, including independent non-executive directors, for appointment to the board[79]. Environmental, Social, and Governance (ESG) Initiatives - The environmental, social, and governance (ESG) report outlines the company's initiatives and performance in sustainability, covering key performance indicators relevant to its operations in Hong Kong[135][136]. - The company emphasizes the importance of stakeholder engagement and materiality assessment in preparing its ESG report[139]. - The company is committed to sustainability and has outlined its performance and challenges in the ESG report, adhering to accuracy and fairness principles[139]. - The company received multiple awards for its environmental and social efforts during the reporting period, including the Hong Kong Environmental Excellence Award for waste reduction[152]. - The total greenhouse gas emissions density decreased by approximately 9% compared to 2023, primarily due to reduced electricity consumption, but increased by 67% compared to the 2021 baseline due to decreased revenue[154]. Risk Management - The company has established a risk management and internal control system to identify, assess, manage, and report significant risks[117]. - The risk register records all identified major risks and provides updates to the board and management on mitigation measures taken[117]. - An independent professional consultant was engaged to review the adequacy and effectiveness of the internal control and risk management systems[126]. - The board is not aware of any significant internal control deficiencies or major concerns that could affect shareholder interests as of December 31, 2024[127]. Community Engagement - The company has sponsored community initiatives, including a donation of approximately HKD 33,000 to support social services[198]. - The company participated in volunteer activities to reduce food waste and assist underprivileged families[198]. - The company collaborated with local organizations to support community fundraising events[198].

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 50,768,000, a decrease of 13.5% compared to HKD 58,365,000 in 2023[2] - Interest income decreased to HKD 22,811,000 from HKD 29,766,000, reflecting a decline of 23.4%[2] - The company reported a pre-tax loss of HKD 31,543,000, significantly improved from a loss of HKD 92,137,000 in the previous year[2] - Net loss for the year was HKD 29,729,000, compared to a loss of HKD 94,631,000 in 2023, indicating a reduction in losses by 68.7%[2] - Basic and diluted loss per share improved to HKD 8.4 from HKD 27.0, showing a significant reduction in loss per share[3] - Total revenue for the year 2024 is reported at HKD 27,957,000, a decrease from HKD 28,599,000 in 2023, representing a decline of approximately 2.2%[15] - The company’s brokerage services generated revenue of HKD 11,816,000 in 2024, down from HKD 14,065,000 in 2023, reflecting a decrease of approximately 16.5%[15] - Wealth management services revenue for 2024 is reported at HKD 6,573,000, slightly down from HKD 6,722,000 in 2023, a decrease of about 2.2%[15] - Investment management services revenue increased to HKD 5,095,000 in 2024 from HKD 4,545,000 in 2023, marking an increase of approximately 12.1%[15] - The company’s total expenses and commission income for 2024 is reported at HKD 22,862,000, down from HKD 24,054,000 in 2023, indicating a decrease of about 4.9%[15] - Total revenue for the group decreased by 13.0% to HKD 50.8 million in 2024 from HKD 58.4 million in 2023[47] - Brokerage income fell by 16.3% to HKD 11.8 million in 2024, compared to HKD 14.1 million in 2023[47] - Wealth management income decreased by 1.5% to HKD 6.6 million in 2024, down from HKD 6.7 million in 2023[47] - Interest income declined by 23.5% to HKD 22.8 million in 2024, compared to HKD 29.8 million in 2023[47] - The group reported a net loss attributable to shareholders of HKD 35.1 million in 2024, a 63.1% improvement from a loss of HKD 95.2 million in 2023[47] Assets and Liabilities - Total assets decreased to HKD 684,115,000 from HKD 807,226,000, a decline of 15.2%[4] - Current liabilities decreased to HKD 462,170,000 from HKD 593,435,000, a reduction of 22.1%[4] - Non-current liabilities increased to HKD 34,685,000 from HKD 19,796,000, reflecting an increase of 75.3%[5] - The company's net assets decreased to HKD 217,070,000 from HKD 255,867,000, a decline of 15.2%[5] - Total assets as of December 31, 2024, amounted to HKD 713,925,000, down from HKD 869,098,000 in 2023, reflecting a decrease of 17.8%[21][22] - Total liabilities as of December 31, 2024, were HKD 496,855,000, a reduction from HKD 613,231,000 in 2023, representing a decrease of 19.0%[21][22] - The company’s total liabilities for accounts payable amounted to HKD 308,246,000, down from HKD 346,215,000 in 2023[31] - Cash and bank balances fell by 42.7% to HKD 88.5 million in 2024, down from HKD 154.4 million in 2023[47] - The group’s bank borrowings decreased by 42.6% to HKD 46.0 million in 2024 from HKD 80.1 million in 2023[47] - The capital adequacy ratio improved, with the debt-to-equity ratio decreasing from 45.4% in 2023 to 32.8% in 2024[41] Financial Reporting Standards - The company has applied new Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position or performance for the year[7] - The company expects that the application of new Hong Kong Financial Reporting Standards will not have a significant impact on its financial position and performance[12] - The new Hong Kong Financial Reporting Standards will introduce new requirements for the presentation and disclosure of financial statements, effective from 2027[13] - The company is currently evaluating the specific impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements[13] Investment and Market Activities - The acquisition of 51% of the issued shares of the target company was completed for a total consideration of HKD 61,000,000, consisting of HKD 10,000,000 in cash and HKD 51,000,000 through the issuance of 120,000,000 new shares[14] - The company opened a new office in Qingdao, expanding its presence in key strategic areas in China, including the Greater Bay Area and the Yangtze River Delta[49] - The company participated in Hong Kong's second-largest IPO in 2024, acting as a joint lead manager and underwriter for a leading smart driving technology company[51] - The company is transforming its brokerage business into value-added services and wealth management expertise to meet diverse investment needs in the Greater Bay Area[54] - The integration of AI and advanced data analytics is expected to significantly enhance investment decision-making quality[54] - The company is focusing on expanding investment-related services and enhancing distribution channels through training and development of the internal sales team[59] - The company anticipates stable performance for the CASH Multi Strategy Fund and CTA Fund, especially with rising demand for low-correlation investments in uncertain market conditions[60] - The company plans to enhance its capabilities and innovation by integrating artificial intelligence to strengthen quantitative expertise and improve risk management systems[60] Employee and Governance - The total employee compensation for the year was HKD 45,500,000, with 106 employees as of December 31, 2024[61] - The company has adhered to all corporate governance codes, with regular reviews to improve practices[65] - The dual role of Dr. Kwan as both Chairman and CEO is deemed important for effective leadership and decision-making efficiency within the group[68] - The board structure is considered effective, with independent non-executive directors providing independent and impartial opinions on matters for consideration[68] Performance of Funds - The CASH Multi Strategy Fund achieved an outstanding return of 19.50% in 2024, demonstrating consistent performance[57] - The CTA Fund recorded a significant return of 24.95% in 2024, outperforming peers due to effective momentum and mean reversion strategies[58] - The company manages a commodity futures fund and provides advisory services for a securities portfolio and a CTA fund, all of which generated considerable returns in 2024[57] - The company’s quantitative investment approach successfully identified numerous opportunities in the Hong Kong market, particularly in technology and consumer sectors[57] - The company’s focus on quantitative models has proven effective in capturing opportunities arising from market inefficiencies[57] Market Trends - 71% of fund managers anticipate stagflation in the global economy over the next 12 months, highlighting ongoing economic challenges[54] - Hong Kong's public funds, including ETFs, recorded a net inflow growth of 88%, driving total assets to HKD 1.64 trillion, a year-on-year increase of 22%[48] - The insurance sector in Hong Kong saw total premium income grow by 12.2% year-on-year in the first three quarters of 2024[48] - The asset management division achieved a return rate of 15.57% for the Superior Value Equity Open-End Fund, outperforming many competitors in the Hong Kong stock market[50] - The newly launched multi-strategy open-end fund achieved a return rate of 19.50% in early 2024, showcasing its adaptability in various market conditions[50]

Financial Performance - Total revenue for the six months ended June 30, 2024, was HKD 24,155,000, a decrease of 35.4% compared to HKD 37,439,000 in the same period of 2023[1] - The company reported a loss before tax of HKD 19,266,000, an improvement from a loss of HKD 21,584,000 in the previous year, indicating a reduction in losses by 10.8%[1] - The basic loss per share for the period was HKD 4.66, compared to HKD 9.19 in the same period last year, reflecting a significant improvement[2] - The company reported a total comprehensive loss of HKD 24,501,000 for the period, compared to a loss of HKD 25,902,000 in the previous year, indicating a slight improvement[5] - The company reported a total comprehensive loss of HKD 26,100,000 for the six months ended June 30, 2024, compared to a loss of HKD 21,738,000 for the same period in 2023, indicating a decline in performance[6] - The company reported a loss attributable to owners of the company of HKD 25,946,000 for the first half of 2024, compared to a loss of HKD 21,584,000 in the same period of 2023[6] - The group reported a net loss of approximately HKD 19,300,000 for the period, an improvement from a net loss of HKD 21,600,000 in the previous year[32] - The net loss attributable to the company's owners was HKD 20.1 million, a 22.4% improvement from a net loss of HKD 25.9 million in the previous year[38] Revenue Breakdown - Total revenue for the financial services segment decreased to HKD 22,860,000 in the first half of 2024, down from HKD 34,847,000 in the same period of 2023, reflecting a decline of approximately 34%[11] - The investment management segment generated revenue of HKD 1,295,000 for the six months ended June 30, 2024, compared to HKD 2,592,000 in the previous year, representing a decrease of about 50%[15] - Brokerage income fell to HKD 5,000,000 from HKD 14,400,000 year-on-year, reflecting a significant decline due to a 4.4% drop in average daily trading volume in the Hong Kong securities market[31] - Wealth management service revenue decreased to HKD 2,000,000 from HKD 4,000,000, prompting the group to expand its wealth management and family office services in the Greater Bay Area and other major cities[31] - Asset management income dropped by approximately 50% to HKD 1,300,000 from HKD 2,600,000 year-on-year, significantly impacting overall revenue[31] Assets and Liabilities - Non-current assets decreased to HKD 56,941,000 from HKD 61,872,000, a decline of 8.5%[3] - Current assets decreased to HKD 762,189,000 from HKD 807,226,000, a reduction of 5.6%[3] - Total liabilities decreased to HKD 568,774,000 from HKD 593,435,000, a decrease of 4.2%[4] - Net assets decreased to HKD 232,196,000 from HKD 255,867,000, a decline of 9.2%[4] - The company’s total assets as of June 30, 2024, were HKD 309,729,000, an increase from HKD 331,467,000 at the beginning of the year[6] - Total equity decreased to HKD 232,200,000 as of June 30, 2024, down from HKD 255,900,000 at the end of 2023, primarily due to reported losses[34] - The group had outstanding borrowings of approximately HKD 92,200,000, with a capital debt ratio decreasing from 45.4% to 39.7%[34] Cash Flow and Management - Operating cash flow for the six months ended June 30, 2024, was HKD 9,967,000, a significant improvement from a cash outflow of HKD 44,193,000 in the previous year[7] - The net cash decrease for the period was HKD 23,701,000, compared to a decrease of HKD 79,038,000 in the previous year, indicating improved cash management[7] - The company’s cash and cash equivalents in general accounts decreased to HKD 130,742,000 from HKD 154,443,000, a decline of 15.3%[3] Strategic Focus and Future Plans - The company plans to continue focusing on its core financial services and investment management operations while exploring opportunities for market expansion and new product development[12] - The company is actively assessing the integration of its brokerage business into value-added services, aiming to transform into a wealth management expert[43] - The company plans to expand its family office business across various regions in China, including the Yangtze River Delta, Southwest, and Northeast areas[42] - The company aims to leverage the opportunities presented by the expanded Cross-Border Wealth Management Connect program to meet the diverse investment needs of Chinese clients[43] Employee and Governance - As of June 30, 2024, the group employed 103 staff members, with total employee compensation amounting to HKD 21.7 million[47] - Employee benefits include a mandatory provident fund, medical insurance, performance bonuses, and sales commissions, with additional benefits for employees in China[47] - The group has implemented various training programs to enhance employee skills and overall competitiveness, including product knowledge, operational skills, and compliance training[48] - The company has fully complied with the corporate governance code during the accounting period from January 1, 2024, to June 30, 2024, with some exceptions noted[58] - The company has adopted the code of conduct for securities transactions by directors, with all directors confirming compliance during the review period[59] Shareholder Information - The company’s issued and fully paid ordinary shares as of June 30, 2024, totaled 431,175,000 shares, with a par value of HKD 0.04 per share[26] - The beneficial ownership of shares by directors includes 22,464,000 shares held personally and 277,989,563 shares held through a controlled company, representing a 70.25% ownership stake[49] - Major shareholders include Hobart Assets Limited, Cash Guardian Limited, and others, collectively holding 277,989,563 shares, representing 64.47% of the company[56] Compliance and Reporting - The unaudited consolidated results for the six months ended June 30, 2024, have been reviewed by the audit committee but not by the company's auditors[61] - The announcement was made on August 23, 2024, indicating the company's ongoing commitment to transparency[63] - The document serves as a formal identification of the company's activities and governance structure[63]

Financial Performance - The company's revenue for the year showed a moderate growth of 3.2% in local GDP, despite external uncertainties impacting investment and consumer confidence [13]. - The company recorded a revenue of approximately HKD 58,400,000 for the year ending December 31, 2023, a decrease of 20.8% compared to HKD 73,700,000 in the previous year [21]. - Brokerage income decreased by approximately 45.4% or HKD 11,700,000, attributed to a significant decline in the average daily trading volume of the Hong Kong securities market by 15.9% [22]. - Wealth management service revenue saw a substantial decline of approximately 66.8% or HKD 13,500,000, with current revenue at HKD 6,700,000 compared to HKD 20,200,000 in the previous year [22]. - Interest income increased by approximately 54.3% or HKD 10,500,000, reaching HKD 29,800,000, while financial costs rose by 57.0% or HKD 4,500,000 [23]. - The company reported a net loss attributable to shareholders of approximately HKD 95,200,000 for the year, compared to a net loss of approximately HKD 63,800,000 in the previous year [24]. - The group reported a net loss attributable to shareholders of HKD 95.2 million for the year, an increase of 49.2% compared to a net loss of HKD 63.8 million in the previous year [36]. - Total revenue for the group decreased by 20.8% to HKD 58.4 million in 2023 from HKD 73.7 million in 2022, with brokerage services declining by 45.3% and wealth management services declining by 66.8% [35]. Market Conditions - The average daily trading volume in Hong Kong reached a new low in 2023 due to adverse market conditions and rising compliance costs [14]. - In 2023, the Hong Kong stock market faced significant challenges, with the Hang Seng Index and the Hang Seng China Enterprises Index declining by 13.8% and 14.0%, respectively [40]. - Daily trading volume in 2023 dropped to HKD 105 billion, down from HKD 124.9 billion in 2022 and HKD 166.7 billion in 2021, indicating a challenging market environment [40]. - The International Monetary Fund forecasts a moderate global economic growth of 3.1% in 2024, lower than the historical average growth rate of 3.8% over the past two decades [17]. Strategic Initiatives - The company successfully transitioned from traditional brokerage to a diversified wealth management expert in the Greater Bay Area, establishing a solid foundation for business expansion [14]. - The company plans to establish more wealth management centers and strategic alliances in the Greater Bay Area and Yangtze River Delta regions [6]. - The company aims to combine traditional finance with new financial assets to develop a comprehensive wealth management business [7]. - The company is strategically shifting its focus from East Asia to the Greater Bay Area, aiming to enhance its wealth management services in this rapidly developing region [22]. - The company plans to continue strengthening strategic partnerships with local and international financial institutions and fintech companies to capitalize on the growing demand for financial services in the Greater Bay Area [17]. Technology and Innovation - The integration of artificial intelligence with asset management capabilities has led to the creation of an award-winning wealth management platform [14]. - The launch of the advanced mobile trading application Alpha i aims to enhance user experience and service quality for tech-savvy investors [7]. - The newly launched CASH ISR investment research platform enhances investment management capabilities and optimizes portfolio performance using big data and AI [43]. - The ISR platform won the Financial Technology Innovation Award in the Wealth Tech category from the Institute of Financial Technologists of Asia for its contributions to fintech [44]. - The company recognizes the potential of generative AI in advancing investment strategies and is developing AI solutions for its fintech operations [53]. Employee and Corporate Governance - The company reported a total employee salary cost of HKD 41,500,000 for the year [61]. - As of December 31, 2023, the company employed 97 staff members [61]. - The group has implemented various training policies aimed at enhancing employee skills and overall competitiveness, productivity, and efficiency [63]. - The board includes experienced executives with backgrounds in corporate management, strategy planning, financial consulting, and investment banking [65][69][70][71][72]. - The company emphasizes employee development, workplace health and safety, and sustainable practices as key elements of its corporate culture [90]. Environmental, Social, and Governance (ESG) Initiatives - The report covers the Group's environmental, social, and governance (ESG) initiatives and performance for the fiscal year ending December 31, 2023 [170]. - The Group aims to reduce its operational impact on the environment and contribute to community improvement, particularly for future generations [174]. - The Group's major ESG issues include anti-corruption, employee compensation, customer service, and climate change [181]. - The company received multiple environmental awards, including the Hong Kong Green Organization Certification and the Hong Kong Environmental Excellence Award, recognizing its commitment to environmental protection [183]. - The company has implemented various waste reduction initiatives, including a paperless workflow and recycling programs, to enhance sustainability efforts [194]. Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming for $187.5 million [74]. - New product launches are expected to contribute an additional $30 million in revenue, with a focus on innovative financial technology solutions [74]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years [74]. - Future goals include setting more specific quantitative environmental targets to enhance sustainability performance [196].