董事会进一步宣布，王女士因需要投入更多时间处理彼的其他事务，已辞任执行董事、董事会主席及执 行委员会主席职务，自2025年4月25日起生效。然而，王女士将留任本公司若干附属公司的董事，以确 保顺利过渡。本公司正在提名合适人选出任主席空缺。本公司将于适当时候就委任主席的事宜另行刊发 公布。 鉴于王女士辞任执行委员会主席一职，董事会宣布执行董事姚慧仪女士已由执行委员会成员调任为执行 委员会主席，自2025年4月2日生效。 Able King为一间投资控股公司，由杨峥先生(杨先生)最终全资拥有。据本公司董事进行一切合理查询后 所深知，Able King及杨先生均为独立于本公司且并非本公司关连人士(定义见上市规则)的第三方。 紧随完成出售事项后，王女士不再于股份中拥有任何权益及不再为本公司主要股东。杨先生及Able King成为本公司主要股东。 智通财经APP讯，信保环球控股(00723)发布公告，本公司获王敬渝女士(王女士)告知，彼已于2025年4 月25日出售其间接全资拥有的公司Champion Alliance Enterprises Limited(Champion Alliance，该公司持 有本公司2.4 ...

陳玉儀女士（「陳女士」）辭任本公司之執行董事、公司秘書及授權代表職位，以及不再擔任本公司執行委 員會之成員，自二零二四年十一月十八日起生效。 陳女士辭任後，執行董事姚慧儀女士獲委任為本公司之公司秘書及授權代表，自二零二四年十一月十八 日起生效。 企業管治 截至二零二四年九月三十日止六個月，本公司一直遵守上市規則附錄C1第2部分所載企業管治守則之所有 適用守則條文。 審閱簡明綜合中期財務報表 本集團於期內之未經審核中期業績已由董事會之審核委員會（「審核委員會」）遵照上市規則第3.21條及上 市規則附錄C1第2部分所載守則之有關守則條文審閱。審核委員會由全體獨立非執行董事組成，包括任廣 鎮先生、柴志強先生及黃志杰先生。 購買、出售或贖回本公司之上市證券 截至二零二四年九月三十日止六個月，本公司或其附屬公司概無購買、出售或贖回本公司之任何上市證 券。 承董事會命 信保環球控股有限公司 香港，二零二四年十一月二十八日 Reliance Global Holdings Limited 信保環球控股有限公司* | --- | --- | --- | --- | --- | --- | --- | |-------|--- ...

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，並明確表示不會就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。 截至九月三十日止六個月 二零二四年 二零二三年 附註 千港元 千港元 （未經審核） （未經審核） 收入 5 98,610 80,927 銷售成本 (92,517) (67,034) 其他收入 2,551 281 行政開支 (12,603) (14,757) 其他經營開支 6(c) (7,922) (1,373) RELIANCE GLOBAL HOLDINGS LIMITED ᾉᾅ䑘䎫㍏偉㚱旸℔⎠* (㕤䘦ヽ忼姣Ⅎㆸ䩳ᷳ㚱旸℔⎠) (偉ấẋ嘇: 723) 截至二零二四年九月三十日止六個月之 未經審核中期業績公佈 信保環球控股有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈本公司 及其附屬公司（統稱「本集團」）截至二零二四年九月三十日止六個月之未經審核簡 明綜合業績，連同比較數字如下： 簡明綜合損益及其他全面收益表 截至二零二四年九月三十日止六個月 經營虧損 (11,881) (1,956) * ...

Loan Portfolio and Credit Quality - As of March 31, 2024, the company's loan portfolio consists of individual loan amounts ranging from approximately HKD 2,323,000 to HKD 16,690,000, with an average loan amount of approximately HKD 5.9 million, down from HKD 7.4 million in 2023[5]. - The credit quality remains healthy, with 90% of the loan portfolio secured by collateral, and a weighted average interest rate of approximately 11%, up from 10% in 2023[5]. - The largest borrower has a loan amount of HKD 16,690,000, and the top five borrowers account for a total of HKD 44,748,000, representing 31% and 84% of the loan portfolio, respectively[5]. - The company has established clear credit policies and procedures to manage credit risk effectively, ensuring a robust credit assessment process[6]. - The company has no outstanding loans from its major shareholder as of March 31, 2024, compared to HKD 40,000,000 in 2023[13]. Financial Performance and Capital Raising - The company successfully issued HKD 50,000,000 in interest-bearing notes in January 2020 to fund its lending business, and has since repaid all outstanding amounts to save on financing costs[11]. - The company raised approximately HKD 34.3 million from the placement of 1,822,980,000 new shares at a price of HKD 0.0193 per share, with 60% of the net proceeds allocated to expanding the timber supply chain business[16]. - The company plans to utilize the remaining 40% of the net proceeds from the share placement for general working capital[16]. - The company does not recommend the distribution of any final dividend for the year ending March 31, 2024 (2023: none)[31]. Governance and Board Structure - The board consists of seven directors, including four executive directors and three independent non-executive directors, ensuring a diverse skill set and experience[51]. - Major shareholders include Ms. Wang, Elite Prosperous, and Champion Alliance, each holding approximately 26.82% of the issued shares, totaling 2,444,359,944 shares[43]. - The board is committed to ensuring at least three independent non-executive directors, with a balanced composition of three executive directors and three independent non-executive directors as of March 31, 2024[81]. - The board consists of three female directors and four male directors, reflecting a commitment to gender diversity[130]. - The company has not established any service contracts with directors that cannot be terminated within one year without compensation[63]. Environmental, Social, and Governance (ESG) Practices - The company welcomes stakeholder feedback regarding its environmental, social, and governance performance[52]. - The company has established appropriate and effective management policies and internal control systems regarding environmental, social, and governance (ESG) matters[93]. - The board of directors is responsible for formulating and reporting on the company's ESG strategies, ensuring that ESG principles are integrated into decision-making processes[113]. - The company actively responds to stakeholder concerns regarding environmental issues, including carbon neutrality and energy conservation[109]. - The company has implemented an environmental policy aimed at minimizing adverse environmental impacts and promoting sustainable business practices[133]. Risk Management and Internal Controls - The company has established a risk management and internal control system to manage significant risks, including environmental, social, and governance risks, integrated into daily operations[160]. - An independent professional firm, Roma Risk Consulting Limited, was engaged to conduct an annual review of the risk management and internal control system[161]. - The board believes that the current risk management and internal control systems are effective and sufficient, with no significant weaknesses identified[182]. - The audit committee is responsible for overseeing the implementation and effectiveness of the whistleblowing policy and investigating subsequent actions[165]. - Roma has submitted a corporate risk management report and an internal control report to the audit committee and management, detailing investigation results and improvement recommendations[185]. Employee and Stakeholder Engagement - The company has implemented a performance evaluation system to reward outstanding employees with competitive compensation and career development opportunities[76]. - The company maintains a balanced and unbiased ESG report, avoiding any misleading information that could affect stakeholders' decisions[121]. - The company actively engages stakeholders through various communication channels to identify sustainability issues and potential risks[86]. - The remuneration committee is responsible for developing and reviewing compensation policies to attract and retain high-quality talent, which is crucial for the company's success[126]. - The gender ratio of the employee team, including senior management, is approximately 5:4, indicating achieved gender diversity[172].

Financial Performance - The diluted loss per share for the year ended March 31, 2024, is clarified to be HKD (0.049) instead of HKD (0.048) [7] - The weighted average number of ordinary shares used to calculate basic loss/earnings per share for 2024 is 9,115,435 thousand shares, compared to 9,114,897 thousand shares for 2023 [8] - The potential dilutive effect of convertible preferred shares is not included in the calculation of diluted loss per share [5] Leadership Structure - The board of directors includes key members such as the chairperson and CEO, indicating a stable leadership structure [14] Earnings Announcement - The company aims to maintain the content of the earnings announcement unchanged, despite the clarifications made [13]

截至二零二四年三月三十一日止年度之 全年業績公佈 信保環球控股有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈本公司 及其附屬公司（統稱「本集團」）截至二零二四年三月三十一日止年度之經審核綜合 業績，連同比較數字如下： 綜合損益及其他全面收益表 截至二零二四年三月三十一日止年度 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的任何損失承擔任何責任。 RELIANCE GLOBAL HOLDINGS LIMITED ᾉᾅ䑘䎫㍏偉㚱旸℔⎠* ( 㕤䘦ヽ忼姣Ⅎㆸ䩳ᷳ㚱旸℔⎠ ) (偉ấẋ嘇: 723) | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收入 | 5 | 305,613 | 509,326 | | 銷售成本 | | (281,100) | (476,150) | | 其他收入 | | 462 | 966 | | 行政開支 | | (25,111) | (32,795 ...

Financial Performance - For the six months ended September 30, 2023, the company reported a revenue decline of 69% to HKD 80,927,000, compared to HKD 259,505,000 for the same period in 2022[11] - The company experienced a loss attributable to owners of HKD 3,348,000, a significant drop from a profit of HKD 2,254,000 in the previous year[11] - The net loss for the group was HKD 3,679,000, compared to a net profit of HKD 1,672,000 in the same period last year[11] - Revenue for the six months ended September 30, 2023, was HKD 80,927,000, a decrease of 68.8% compared to HKD 259,505,000 for the same period in 2022[85] - Operating loss for the period was HKD 1,956,000, compared to an operating profit of HKD 5,446,000 in the previous year[85] - Net loss for the period was HKD 3,679,000, a significant decline from a profit of HKD 1,672,000 in the same period last year[86] - Basic loss per share was HKD 0.037, compared to earnings per share of HKD 0.025 in the previous year[85] - The company reported a total comprehensive loss of HKD 5,197,000 for the period, compared to a loss of HKD 7,818,000 in the previous year[86] Timber Supply Chain Operations - The timber supply chain operations recorded a revenue drop of 70% to HKD 74,764,000, down from HKD 249,230,000 in the previous year[13] - The timber supply chain operations incurred a loss of HKD 1,937,000, compared to a profit of HKD 2,798,000 in the same period last year[13] - The volume of timber and wood products traded was approximately 27,000 cubic meters, a decrease of 74% from 105,000 cubic meters in the previous year[13] - The traditional business model within the timber supply chain generated revenue of HKD 26,408,000, a 76% decrease from HKD 112,374,000 in the previous year[15] - The hardwood log trading volume under the traditional business model was approximately 11,000 cubic meters, down 77% from 48,000 cubic meters in the previous year[15] - The decline in revenue and trading volume was primarily due to a significant slowdown in China's real estate sector, leading to reduced sales orders and prices[13] - The company continues to face challenges in the operating environment, impacting both its timber supply chain and lending operations[11] Lending Business - The lending business recorded a revenue decline of 40% to HKD 6,163,000 for the first half of 2023, compared to HKD 10,275,000 in the same period of 2022[39] - Profit for the lending business decreased by 43% to HKD 4,471,000, down from HKD 7,818,000 in the previous year[39] - Interest income fell to HKD 5,968,000, a decrease from HKD 9,739,000 in the prior period[39] - The loan portfolio consisted of 18 loans as of September 30, 2023, down from 24 loans on March 31, 2023, with a total book value of HKD 94,713,000[40] - The average loan amount in the portfolio was approximately HKD 6,800,000, down from HKD 7,400,000 as of March 31, 2023[42] - 95% of the loan portfolio is secured by collateral, maintaining a healthy credit quality[42] - The largest borrower had a loan amount of HKD 16,690,000, representing 18% of the total loan portfolio[42] - The company has no recorded impairment losses on collateral assets as of September 30, 2023, compared to HKD 1,065,000 in the previous year[39] - The company adopts a cautious approach in granting new loans due to the current economic conditions in Hong Kong[39] Impairment and Provisions - The company recognized an impairment loss of HKD 1,008,000 on trade receivables, which was not present in the previous year[17] - The impairment loss on receivables for the first half of 2023 was HKD 365,000, a decrease from HKD 903,000 in the same period of 2022[55] - The group’s impairment provision increased by 4% to HKD 8,592,000 as of September 30, 2023, from HKD 8,227,000 on March 31, 2023[55] - The company recognized a provision for impairment of trade receivables amounting to HKD 2,313,000 as of September 30, 2023, compared to HKD 1,375,000 as of March 31, 2023[124] - The impairment provision for receivables increased to HKD 8,592,000 as of September 30, 2023, compared to HKD 8,227,000 as of March 31, 2023, reflecting a rise of 4.4%[131] Financial Position and Liquidity - The current ratio improved to approximately 8.8 as of September 30, 2023, compared to 4.1 on March 31, 2023, indicating a strong liquidity position[65] - The total outstanding amount of the first tranche of three-year notes was HKD 18,000,000 as of September 30, 2023, reduced from HKD 40,000,000 on March 31, 2023[67] - The group recorded a net foreign exchange loss of HKD 2,003,000 for the first half of 2023, significantly lower than HKD 9,337,000 for the same period in 2022, mainly due to fluctuations in the Euro[72] - The group’s equity attributable to owners decreased by 2% to HKD 241,675,000 as of September 30, 2023, from HKD 245,797,000 on March 31, 2023[66] - The capital-to-debt ratio improved to 15% as of September 30, 2023, down from 27% on March 31, 2023, due to a reduction in payables and bank borrowings[66] - The total remuneration paid to employees decreased by 5% to HKD 8,499,000 for the first half of 2023, compared to HKD 8,938,000 for the same period in 2022[73] - The company reported a net cash outflow from financing activities of HKD 71,922,000, compared to a net cash inflow of HKD 73,037,000 in the previous year[93] - The company’s accumulated losses stood at HKD 2,844,128,000 as of September 30, 2023[90] Operational Developments - The company has established distribution centers in Slovenia, Romania, and Croatia, enhancing its competitive advantage in the wood supply chain business[34] - The acquisition of a board processing plant in Romania, completed in January 2022, has integrated operations and contributed to revenue since then[30] - The new processing plant has an annual production capacity of 8,000 cubic meters of boards[30] - The company currently holds a 51% stake in the European operation, with a partner holding the remaining 49%[35] - The company continues to seek investment opportunities in European forest assets despite selling its Brazilian forest assets[36] - The company plans to adopt a cautious approach in managing its timber supply chain and lending business while seeking internal growth and vertical expansion opportunities[76] Corporate Governance and Compliance - The company has adopted the code of conduct for securities transactions by directors as set out in Appendix 10 of the Listing Rules, confirming compliance during the reporting period[156] - The company has complied with all applicable provisions of the corporate governance code as per the Listing Rules Appendix 14 for the six months ended September 30, 2023[158] - The interim financial statements for the six months ended September 30, 2023, have been reviewed by the audit committee and the company's auditor, but not audited[159] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the six months ended September 30, 2023[160]

目錄 | 公司資料 | 3 | | --- | --- | | 主席報告 | 4 | | 管理層討論及分析 | 6 | | 董事及高級管理層履歷 | 22 | | 董事會報告 | 25 | | 企業管治報告 | 33 | | 環境、社會及管治報告 | 48 | | 獨立核數師報告 | 77 | | 綜合損益及其他全面收益表 | 83 | | 綜合財務狀況表 | 85 | | 綜合權益變動表 | 87 | | 綜合現金流量表 | 88 | | 綜合財務報表附註 | 90 | | 五年財務摘要 | 170 | 「%」 指 百分比 本年報之中文版本為英文版本之譯本及只供參考，倘若英文版本與中文版本有任何歧義或不一致，皆以 英文版本為準。 年 報 2022/23 | 信保環球控股有限公司 2 董事會 執行董事 王敬渝女士 （主席） 黎明偉先生 （行政總裁） 陳玉儀女士 獨立非執行董事 任廣鎮先生 柴志強先生 黃志杰先生 1 信保環球控股有限公司 | 年 報 2022/23 簡稱 於本年報內，除文義另有所指外，下列簡稱具有以下涵義： 「董事會」 指 本公司之董事會 「本公司」 指 信保環球控股有限公司 「董事」 指 本 ...

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，並明確表示概不就因本公佈全部或任何 部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 RELIANCE GLOBAL HOLDINGS LIMITED (cid:8073)(cid:8069)(cid:17496)(cid:17323)(cid:13135)(cid:20553)(cid:14001)(cid:26104)(cid:8468)(cid:9120)* （於百慕達註冊成立之有限公司） （股份代號：723） 截至二零二三年三月三十一日止年度之 全年業績公佈 信保環球控股有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度之經審核綜合 業績，連同比較數字如下： 綜合損益及其他全面收益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 收入 5 509,326 761,776 銷售成本 ...

Financial Performance - For the six months ended September 30, 2022, the group's revenue decreased by 38% to HKD 259,505,000 compared to HKD 416,564,000 for the same period in 2021[9] - The group's net profit dropped by 85% to HKD 1,672,000, down from HKD 10,993,000 in the previous year[9] - The timber supply chain operations generated revenue of HKD 249,230,000, a decrease of 38% from HKD 399,703,000 in the previous year, with profit dropping by 76% to HKD 2,798,000[11] - The traditional business model within the timber supply chain generated revenue of HKD 112,374,000, down 61% from HKD 290,965,000, with profit decreasing by 83% to HKD 1,253,000[13] - The decline in revenue and profit was attributed to a significant slowdown in the Chinese real estate sector, leading to decreased demand for timber[11] - The group recorded a revenue of HKD 259,505 thousand for the six months ended September 30, 2022, a decrease of 37.8% compared to HKD 416,564 thousand in the same period of 2021[80] - The operating profit for the same period was HKD 5,446 thousand, down 66.9% from HKD 16,477 thousand in the previous year[80] - The net profit for the period was HKD 1,672 thousand, a significant decline of 84.8% compared to HKD 10,993 thousand in the prior year[82] - The group reported a profit before tax of HKD 2,254,000 for the six months ended September 30, 2022, compared to HKD 8,938,000 in the same period of 2021, representing a decrease of 74.8%[139] Business Operations - The group continues to operate four business segments, including timber supply chain, lending, and property leasing[9] - The management team is focused on building a global supply network to serve clients in China and other countries[10] - The company plans to continue expanding its timber supply chain operations in Europe, including establishing more distribution centers and processing projects[73] - The group aims to explore new business opportunities cautiously due to the ongoing negative impact of the COVID-19 pandemic on economic activities in China and Hong Kong[73] - The company has expanded its market coverage by selling boards to new customers in Egypt[29] Lending and Financial Activities - The group generated loan income of HKD 10,275,000 in the first half of 2022, a decrease of 38% compared to HKD 16,449,000 in the same period of 2021[39] - Operating profit from the lending business was HKD 7,818,000, down 25% from HKD 10,381,000 year-on-year[39] - New loans totaling HKD 28,700,000 were issued in the first half of 2022, with interest rates ranging from 8.5% to 12%[40] - The loan portfolio included 26 loans with a total book value of HKD 196,521,000 as of September 30, 2022, compared to HKD 182,563,000 on March 31, 2022[40] - The average loan amount in the portfolio was approximately HKD 8,200,000, with 94% of the loans secured by collateral[43] - The group recorded a 71% decrease in impairment losses on receivables, amounting to HKD 1,081,000, compared to HKD 3,730,000 in the previous year[39] - The group made a provision for impairment losses on collateral assets of HKD 1,065,000 as of September 30, 2022[39] - The weighted average interest rate of the loan portfolio was approximately 11%[43] Assets and Liabilities - As of September 30, 2022, the company's current assets increased to HKD 430,417,000 from HKD 350,359,000 as of March 31, 2022[62] - The company's cash and cash equivalents decreased to HKD 53,143,000 as of September 30, 2022, down from HKD 70,713,000 as of March 31, 2022[62] - The company's capital debt ratio increased to 63% as of September 30, 2022, compared to 31% as of March 31, 2022, primarily due to increased bank borrowings[63] - The total liabilities increased from HKD 159,235 million as of March 31, 2022, to HKD 229,689 million as of September 30, 2022, reflecting a rise of approximately 44%[85] - The company's total equity decreased from HKD 248,308 million as of March 31, 2022, to HKD 242,200 million as of September 30, 2022, a decline of about 2.4%[85] Impairment and Credit Risk - The company’s expected credit loss model assesses receivables based on default probabilities and loss rates, with a net impairment loss of HKD 903,000 recognized in the first half of 2022, compared to HKD 3,597,000 in the same period of 2021[53] - As of September 30, 2022, the remaining impairment provision decreased by 8% to HKD 10,880,000 from HKD 11,783,000 as of March 31, 2022[53] - The company has established a credit risk assessment process that includes a loan-to-value ratio typically within 80% for new loans to mitigate credit risk[50] - The company continues to implement strict controls on overdue receivables to mitigate credit risk[150] Shareholder and Governance - The company has a commitment from a shareholder for an unsecured, interest-free loan, which will not be repaid until the company has sufficient financial resources[175] - The company has complied with all applicable provisions of the Corporate Governance Code during the six months ending September 30, 2022, except for the absence of the chairman at the annual general meeting[197] - The interim financial statements for the six months ending September 30, 2022, have not been audited but were reviewed by the audit committee and the company's auditors[198] - The company did not declare an interim dividend for the six months ended September 30, 2022, consistent with the previous year[186] Employee and Management Compensation - The total employee compensation increased by 23% to HKD 8,938,000 as of September 30, 2022, compared to HKD 7,264,000 as of September 30, 2021, due to an increase in the number of employees in Europe[70] - The total remuneration for key management personnel was HKD 1,998,000 for the six months ended September 30, 2022, down from HKD 3,145,000 in the previous year[181] - Ms. Wang's annual salary has been adjusted to HKD 130,000 effective December 1, 2022, approved by the remuneration committee and the board[196] - Mr. Li's and Ms. Chan's annual salaries have also been adjusted to HKD 520,000 effective December 1, 2022, with similar approvals[196]