香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 佈 全部或任何部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。 KINGKEY INTELLIGENCE CULTURE HOLDINGS LIMITED 京基智慧文化控股有限公司 （於開曼群島註冊成立並於百慕達繼續經營之有限公司） （股份代號：550） 截至二零二二年十二月三十一日止年度之 業績公佈 經審核業績 京 基 智 慧 文 化 控 股 有 限 公 司（「本公司」）之 董 事 會（「董事會」）謹 此 宣 佈 本 公 司 及 其 附 屬 公 司（統 稱 為「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 千港元 千港元 營業額 3 54,154 3 ...

Revenue Performance - For the six months ended June 30, 2022, the Group recorded revenue of approximately HK$29.0 million, representing an increase of approximately HK$13.4 million or 86% compared to HK$15.6 million in the same period last year[15]. - Revenue from the medical and health services segment surged to approximately HK$12.5 million, an increase of 291% compared to approximately HK$3.2 million in the same period last year[7]. - The recruitment advertising business contributed approximately HK$13.8 million, representing an increase of approximately HK$1.4 million or 11% from the same period last year[5]. - The Group reported total revenue of HK$29,010,000 for the six months ended June 30, 2022, an increase of 86.5% compared to HK$15,555,000 in the same period of 2021[161]. - The advertising segment generated external sales of HK$13,794,000, up from HK$12,393,000 in 2021, reflecting an increase of 11.3%[161]. - Sales of medical and health products segment reported revenue of HK$12,506,000, a significant increase from HK$3,162,000 in the previous year, representing a growth of 294.5%[161]. Financial Losses and Improvements - The Group recorded a loss attributable to equity shareholders of approximately HK$2.7 million, compared to a loss of approximately HK$6.2 million for the same period last year[21]. - The loss attributable to equity shareholders for the six months ended June 30, 2022, was HK$2,661,000, compared to a loss of HK$6,194,000 in the same period of 2021, representing a 57% improvement[75]. - Total comprehensive income for the period was a loss of HK$12.74 million, compared to a gain of HK$38.78 million in the same period of 2021[71]. - The Group's loss before income tax improved to HK$1,169,000, compared to a loss of HK$6,407,000 in the same period of 2021[163]. - The Group's diluted loss per share for the six months ended 30 June 2022 was the same as the basic loss per share, as the impact of share options was anti-dilutive[189]. Current Assets and Cash Management - As of June 30, 2022, the Group had net current assets of approximately HK$91.0 million, with a current ratio of approximately 6.3[22]. - Total cash and bank deposits amounted to approximately HK$82.9 million as of June 30, 2022[22]. - Cash and cash equivalents at the end of the period stood at HK$82,895,000, down from HK$89,194,000 at the beginning of the period, reflecting a decrease of 7.3%[89]. - Current assets totaled HK$108,222,000 as of June 30, 2022, compared to HK$114,208,000 at the end of 2021, marking a decline of 5.2%[78]. - The company has no bank loans as of June 30, 2022, and maintains a centralized financing and treasury policy[26]. Investment and Capital Management - The company raised approximately HK$103.6 million from the placement of 74 million shares at HK$1.40 per share, intended for general working capital and future business opportunities[45]. - The unutilised net proceeds amounted to approximately HK$82 million, with a revised allocation of approximately HK$49 million for potential investment opportunities and HK$33 million for general working capital[51]. - The Group plans to utilize most of the unutilized net proceeds of approximately HK$103 million by the end of 2022[58][61]. - The global e-commerce market is evolving rapidly, leading the Group to seek strategic investments in upstream and/or downstream e-commerce industry participants[59][60]. Asset and Equity Changes - The net assets of the company were HK$164,305,000 as of June 30, 2022, down from HK$177,048,000 at the end of 2021, indicating a decrease of 7.2%[82]. - The total equity attributable to shareholders decreased to HK$162,546,000 from HK$176,781,000, reflecting a decline of 8.0%[82]. - The balance at June 30, 2022, showed an accumulated loss of HK$184,543,000, indicating a significant decline in equity[141]. - The investment revaluation reserve increased by HK$45,168,000, contributing positively to the overall financial position despite the losses[145]. Compliance and Governance - The financial statements were prepared in accordance with the applicable disclosure requirements of the Listing Rules and HKAS 34, ensuring compliance with regulatory standards[148]. - The company’s audit committee reviewed the unaudited condensed consolidated financial statements, ensuring oversight and accuracy[149]. - The company has not early adopted new or amended HKFRSs that have been issued but are not yet effective, indicating a cautious approach to accounting changes[150]. - The Group did not provide Hong Kong profits tax for the six months ended 30 June 2022 due to sufficient tax loss carried forward to offset estimated assessable profits[186].

Financial Performance - In FY2021, the revenue from the recruitment media business increased by 62.6% to approximately HK$29.6 million[12]. - Revenue from the medical and health services segment grew to approximately HK$5.3 million in FY2021[16]. - The turnover for the recruitment advertising business increased by 62.6% from approximately HK$18.2 million in 2020 to approximately HK$29.6 million in 2021[25]. - The turnover for the medical and health services business recorded a 194.7% increase from approximately HK$1.8 million in 2020 to approximately HK$5.3 million in 2021[26]. - The total turnover for the year ended December 31, 2021, was approximately HK$34.9 million, representing a 74.0% increase from HK$20.0 million in 2020[35]. - The gross profit margin improved from 44.2% in 2020 to 72.8% in 2021 due to a change in sales mix[35]. - Other income decreased by 31.4% to approximately HK$4.4 million in 2021 from HK$6.5 million in 2020[36]. - Administrative and other operating expenses increased by 18.6% to approximately HK$29.7 million in 2021 from HK$25.0 million in 2020[37]. Economic Context - The unemployment rate in Hong Kong decreased from around 7% at the end of 2020 to 3.9% in the same period of 2021, while the underemployment rate fell from 3.8% to 1.7%[12]. - The GDP growth in Q4 2021 was around 4.8%, compared to a contraction of 3.0% in the same period of 2020[7]. - The IHS Markit Hong Kong Purchasing Manager Index (PMI) fell to 42.9 in February 2022 from 48.9 a month earlier, indicating a sharp contraction in the economy[19]. Business Strategy and Operations - The company plans to focus on existing businesses and push for the rollout of a new business despite challenges posed by the pandemic[19]. - Stringent cost control measures have been implemented to avoid further layoffs during challenging economic conditions[8]. - The company has shifted its business model from print to digital, enhancing efficiency and marketing power[12]. - The pandemic's impact on the company's operations has been moderated, but uncertainty remains regarding future performance due to external factors[19]. - The group plans to diversify its business and expand its revenue base through various business partnerships[65]. - The management aims to pursue strategic investments in the e-commerce sector, focusing on both upstream and downstream participants[67][68]. - The company intends to operate as a brand e-commerce retail and/or wholesale solution provider in China, targeting fast-moving consumer goods[67][68]. Financial Position - As of December 31, 2021, the Group had net current assets of approximately HK$96.7 million, with a current ratio of 6.5[45]. - The Group's gearing ratio as of December 31, 2021, was 0.02, indicating low leverage[46]. - The total cash and bank balances as of December 31, 2021, were approximately HK$89.2 million[50]. - The capital debt ratio was 0.02 as of December 31, 2021, indicating a low level of debt relative to equity[50]. - As of December 31, 2021, the Group had no significant capital commitments, consistent with 2020[75][76]. - The Group had no contingent liabilities as of December 31, 2021, similar to the previous year[78][79]. Shareholder and Investment Activities - The company raised approximately HK$103.6 million from the placement of 74 million shares at HK$1.40 per share, with net proceeds of approximately HK$103 million[57]. - As of December 31, 2021, approximately HK$82 million of the net proceeds remained unutilized, with plans to revise the allocation for potential investments and working capital[62][63]. - The Company aims to allocate capital to securities investments to diversify risk and enhance overall shareholder value[157][158]. - The Company held a significant investment in one security valued at approximately HK$24,996,000 as of December 31, 2021, with no dividends received during the year[156][159]. - The Board does not recommend any payment of a final dividend for the reporting period, which was also nil in 2020[82][83]. - No significant fundraising activities occurred during FY2021[71]. Corporate Governance and Management - The Directors will continuously assess the plans for the use of unutilized net proceeds to adapt to changing market conditions[70]. - The Company did not identify any specific targets for acquisitions or enter into any definitive agreements as of the report date[69]. - During the financial year ended December 31, 2021, there were no significant transactions involving Directors or entities connected to them[184]. - Mr. William Keith Jacobsen has been an Independent Non-executive Director since September 8, 2015, with extensive experience in corporate finance[195]. - Mr. Chan Chiu Hung Alex was appointed as Independent Non-executive Director on March 31, 2016, and has 18 years of experience in accounting and financial management[198]. - Ms. Chan Sin Mei, General Manager of the recruitment advertising division, has over 25 years of experience in the advertising industry[200]. Acquisitions and Disposals - The Company entered into a sale and purchase agreement to sell Fullmoon Global Limited for a total consideration of HK$34,750,000[161]. - The consideration will be satisfied in three tranches, each amounting to HK$11,583,333, with the first tranche consisting of 57,916,665 Purchaser Shares issued upon completion[162]. - The second tranche is contingent upon the extension of the Hong Kong Made Contract for three years to June 30, 2023, and will also involve the issuance of 57,916,665 Purchaser Shares[165]. - The third tranche, also HK$11,583,334, requires further extensions of contracts for Hong Kong Made and Ample Success, with 57,916,670 Purchaser Shares to be issued[165]. - The disposal was completed on June 6, 2019, and the Company received the First Tranche Consideration Shares[168]. - The consideration was determined based on an arm's length basis, taking into account the equity interest of Hong Kong Made and Ample Success[168]. - The Supplemental Agreement amended the definitions of the Second and Third Tranche Consideration Shares Issue Dates to provide more flexibility in timing[171]. - The Company is focused on ensuring the conditions for the second and third tranches are met to secure the full consideration[167]. - The total consideration reflects a premium over the net asset value of the Target Group as of December 31, 2018[168]. - The terms regarding the payment dates for the Second and Third Tranche Consideration Shares were revised due to uncertainties caused by the COVID-19 outbreak in the PRC[179].

INTERIM REPORT 中期報告 2021 Kingkey Intelligence Culture Holdings Limited 京基智慧文化控股有限公司 前稱KK文化控股有限公司) ( ( Incorporated in the Cayman Islands and continued in Bermuda with limited liability 於開曼群島註冊成立並於百慕達繼續經營之有限公司 ) ) (Formerly known as KK Culture Holdings Limited (Stock Code 股份代號：550) Contents 目錄 | --- | --- | |----------------------------------------------------------|------------------------------| | | | | Management Discussion and Analysis | 管理層討論與分析 | | Condensed Consolidated Statement of Profit or Loss and ...

KK Culture Holdings Limited KK文化控股有限公司 (continued in Bermuda with limited liability 於百慕達織續經營之有限公司) (Stock Code 股份代號：550) Annual # Report 2 0 2 0 Contents 目錄 | --- | --- | |------------------------------------------------|----------------------| | | | | Directors' Statement | 董事會致辭 | | Management Discussion and Analysis | 管理層討論及分析 | | Business Review | 業務回顧 | | Prospects | 前景 | | Financial Review | 財務回顧 | | Financial Key Performance | 主要財務表現 | | Liquidity and Financial Resources | 流動資金及財政資源 | | Directors and ...

KK Culture Holdings Limited KK文化控股有限公司 (continued in Bermuda with limited liability 於百慕達繼續經營之有限公司) (Stock Code 股份代號：550) 2020 Interim Report 中期報告 Contents 目錄 | --- | --- | |----------------------------------------------------------|------------------------------| | | | | Management Discussion and Analysis | 管理層討論與分析 | | Condensed Consolidated Statement of Profit or Loss and | 簡明綜合損益及其他全面收益表 | | Other Comprehensive Income | | | Condensed Consolidated Statement of Financial Position | 簡明綜合財務狀況表 | | Condensed ...

/KK Culture Holdings Limited KＫ文化控股有限公司 (continued in Bermuda with limited liability 於百慕達繼續經營之有限公司) (Stock Code 股份代號：550) 0 0 0 2019 Annual Report 年報 Contents 目錄 | --- | --- | |------------------------------------------------|----------------------| | | | | Directors' Statement | 董事會致辭 | | Management Discussion and Analysis | 管理層討論及分析 | | Business Review | 業務回顧 | | Prospects | 前景 | | Financial Review | 財務回顧 | | Financial Key Performance | 主要財務表現 | | Liquidity and Financial Resources | 流動資金及財政資源 | | Director ...

KK Culture Holdings Limited KK文化控股有限公司 (continued in Bermuda with limited liability 於百慕達繼續經營之有限公司) (Stock Code 股份代號：550) Interim Report 2019 中期報告 Contents 目錄 | --- | --- | |----------------------------------------------------------|------------------------------| | | | | Management Discussion and Analysis | 管理層討論與分析 | | Condensed Consolidated Statement of Profit or Loss and | 簡明綜合損益及其他全面收益表 | | Other Comprehensive Income | | | Condensed Consolidated Statement of Financial Position | 簡明綜合財務狀況表 | | Condensed ...