Financial Performance - The group reported a net loss of HKD 192,709,000 for the fiscal year ending December 31, 2023[21]. - As of December 31, 2023, the group's net current liabilities amounted to HKD 259,801,000[21]. Financial Resources and Obligations - The group has unutilized bank financing of HKD 420,326,000 as of December 31, 2023[21]. - The board believes that the group has sufficient financial resources to meet its financial obligations in the foreseeable future[5]. - The company has maintained a strong banking relationship and expects to renew all bank financing upon maturity[21]. - The financial statements have been prepared on a going concern basis, with no significant uncertainties affecting the group's ability to continue operations[5]. Share Incentive Plan - The total number of shares that can be issued under the share incentive plan is 551,300,000, representing 10.0% of the company's issued share capital[6]. - There have been no share rewards granted under the share incentive plan since its adoption on January 15, 2021[16]. Strategic Plans - The company plans to review its investment property portfolio and adjust investment strategies as necessary to improve cash flow[21]. Reporting - The announcement serves as a supplement to the full-year results and annual report for 2023[22].

Financial Performance - The group reported a net loss attributable to shareholders of approximately HKD 137,336,000 for the year ended December 31, 2023, an increase of approximately HKD 33,268,000 compared to the previous year's loss of HKD 104,068,000[11]. - The company's revenue for the year ended December 31, 2023, was HKD 319.15 million, a decrease of HKD 29.85 million or 8.6% compared to HKD 349.00 million in 2022, primarily due to reduced income from the water supply business and rental income from commercial properties in China[102]. - The group's main business revenue was approximately HKD 319,147,000 for the year, a decrease of 8.6% or about HKD 29,853,000 compared to last year's revenue of HKD 349,000,000[169]. - Revenue from the water supply and related services segment was approximately HKD 296.11 million, a decrease of 5% or HKD 15.89 million from HKD 311.99 million in the previous year, primarily due to a decline in water consumption from commercial users[126]. - The investment properties and development segment recorded revenue of approximately HKD 22.78 million, down from HKD 33.06 million, reflecting a decrease of about HKD 10.28 million due to increased vacancy rates[126]. - The group recorded financial expenses of HKD 48,597,000 for the year ended December 31, 2023, a decrease of 9.7% compared to the previous fiscal year due to partial repayment of bank loans[137]. - The group reported a tax credit of HKD 12,750,000 for the year ended December 31, 2023, compared to a tax expense of HKD 13,015,000 in the previous year, primarily due to impairment losses on certain assets in the water supply and related businesses[137]. Assets and Liabilities - The group's receivables decreased by HKD 8,187,000 or 19% from HKD 42,659,000 as of December 31, 2022, to HKD 34,472,000 as of December 31, 2023, primarily due to reduced revenue from water supply and related businesses[2]. - The group's deposits, prepayments, and other receivables increased by HKD 84,460,000 to HKD 100,962,000 as of December 31, 2023, mainly due to receivables from independent third parties in the water supply business[3]. - The group's bank and other borrowings decreased by HKD 83,154,000 from HKD 949,952,000 as of December 31, 2022, to HKD 866,798,000 as of December 31, 2023, primarily due to loan repayments[4]. - The group's contract liabilities decreased by HKD 1,772,000 from HKD 15,873,000 as of December 31, 2022, to HKD 14,101,000 as of December 31, 2023, mainly due to reduced contract revenue from water supply and related businesses[6]. - The group's accounts payable increased by HKD 83,736,000 from HKD 266,707,000 as of December 31, 2022, to HKD 350,443,000 as of December 31, 2023, due to increased provisions for water supply costs related to ongoing litigation[4]. - The group's cash and bank balances and time deposits decreased from HKD 564,494,000 as of December 31, 2022, to HKD 229,666,000 as of December 31, 2023, a reduction of HKD 334,828,000 mainly due to bank loan repayments and deposits for property acquisitions[160]. - The group's non-current asset impairment loss was HKD 52,009,000 for the year ended December 31, 2023, an increase of HKD 18,875,000 compared to the previous year, primarily due to the water supply and related businesses[149]. - The group's inventory decreased from HKD 14,783,000 as of December 31, 2022, to HKD 5,627,000 as of December 31, 2023, a reduction of HKD 9,156,000 due to reclassification of certain assets as development properties[143]. - The group's investment properties decreased from HKD 656,381,000 as of December 31, 2022, to HKD 603,127,000 as of December 31, 2023, a reduction of HKD 53,254,000 attributed to impairment losses and currency depreciation[138]. Governance and Management - The board held five meetings, two audit committee meetings, two nomination committee meetings, and two remuneration committee meetings during the year[81]. - The company encourages all directors to participate in continuous professional development to enhance their knowledge and skills, providing training materials and updates on regulatory developments[82]. - The board is responsible for approving and monitoring the overall strategy and policies of the group, focusing on growth and financial performance[75]. - The company has adopted the standards of conduct for securities trading as outlined in the listing rules, ensuring compliance by its directors[78]. - The independent non-executive directors are required to submit written confirmations of their independence annually[85]. - The chairman is responsible for leading the board and ensuring effective governance practices are followed[86]. - The company’s organizational articles allow for the removal of directors by ordinary resolution at the shareholders' meeting[87]. - The nomination committee evaluates the independence of candidates nominated for independent non-executive director positions before their appointment[93]. Strategic Outlook - The company anticipates a slowdown in global economic growth in 2024, with inflation decreasing and the U.S. Federal Reserve's interest rate hike cycle potentially coming to an end[30]. - The company plans to maintain a cautious approach in response to external environmental changes, regularly reviewing its existing business and strategies to enhance risk management and strict cost control[30]. - The water supply and property investment and development businesses are expected to continue providing stable income for the company[30]. - The company aims to explore significant property projects in China and overseas, seeking new business and investment opportunities to enhance market competitiveness and diversify income sources[30]. - The company plans to adjust strategies prudently in response to market opportunities and risks, aiming for sustainable development and shareholder returns[115][128]. - The company will continue to focus on providing safe water and enhancing risk management to improve corporate image[128]. - The overall economic environment remains complex, with geopolitical and macroeconomic uncertainties impacting the recovery of the Chinese consumer market[115]. Employee and Corporate Culture - The group emphasizes employee training and development as a key element for long-term sustainable growth, providing training and career development pathways[170]. - The group has not made any significant investments, acquisitions, or disposals other than those disclosed in the report for the year ending December 31, 2023[172]. - The group is committed to improving corporate governance, corporate culture, and internal control standards to enhance sustainable development and long-term shareholder returns[170]. Ownership Structure - Major shareholder Ms. Zhu, along with Affluent Vast and Yongcheng, holds a total of 1,561,140,000 shares, representing 28.32% of the company's issued share capital[199]. - Yongcheng directly holds 961,140,000 shares, while 600,000,000 shares are held by Bosun, indicating a significant ownership structure[199]. - Affluent Vast is wholly and beneficially owned by Ms. Zhu, establishing a clear control chain over Yongcheng and Bosun[199]. - The company has a complex ownership structure involving multiple entities controlled by Ms. Zhu and her family through New Century[200].

Financial Performance - For the year ended December 31, 2023, the revenue was HKD 319.15 million, a decrease of HKD 29.85 million or 8.6% compared to HKD 349.00 million in 2022, primarily due to reduced income from water supply and commercial property rentals in China [2]. - The net loss attributable to shareholders for the year was HKD 137.34 million, an increase of HKD 33.27 million from HKD 104.07 million in 2022, mainly due to adverse market conditions leading to asset impairment losses and a decrease in the fair value of investment properties [2]. - Basic and diluted loss per share for the year was HKD 2.49, compared to HKD 1.89 in 2022 [2]. - The total comprehensive loss for the year was HKD 189.42 million, compared to HKD 230.49 million in 2022 [10]. - The group reported a net loss of HKD 192,709,000 for the year ending December 31, 2023, with a net current liability of HKD 259,801,000 [35]. - The total comprehensive loss for the year ending December 31, 2023, was HKD 189,420,000, with a loss of HKD 137,336,000 attributable to equity holders [17]. - The company reported a net loss attributable to shareholders of HKD 137,336,000 in 2023, compared to a loss of HKD 104,068,000 in 2022, representing a 32% increase in losses [86]. - The total comprehensive loss for the year was HKD 230,488,000, which included a loss of HKD 104,068,000 attributable to equity holders [17]. Revenue and Income Sources - Revenue from water supply and related services decreased to HKD 286,829,000 in 2023 from HKD 302,238,000 in 2022, representing a decline of approximately 5.4% [37]. - Total revenue for the year was HKD 319,147,000, down from HKD 349,000,000 in the previous year, indicating a decrease of about 8.6% [37]. - Revenue from water supply and related services was approximately HKD 296,112,000, down 5% or about HKD 15,885,000 from approximately HKD 311,997,000 in the previous year, primarily due to a decrease in water consumption by commercial users and the depreciation of the RMB against the HKD [141]. - The group's financial services segment recorded revenue of approximately HKD 259,000, a decrease of about HKD 3,689,000 from last year's revenue of HKD 3,948,000, attributed to poor performance in the Hong Kong stock market [142]. Asset and Liability Changes - Non-current assets decreased to HKD 1,517.09 million from HKD 1,734.31 million in 2022, with significant reductions in property, plant, and equipment, and intangible assets [13]. - Current liabilities increased to HKD 785.10 million from HKD 639.85 million in 2022, with bank and other borrowings rising to HKD 255.98 million [15]. - The company's net assets decreased to HKD 613.51 million from HKD 1,085.16 million in 2022, reflecting a decline in reserves [15]. - Total assets decreased to HKD 2,042,382,000 in 2023 from HKD 2,522,167,000 in 2022, reflecting a decline of approximately 19% [77]. - Total liabilities slightly decreased to HKD 1,428,869,000 in 2023 from HKD 1,437,012,000 in 2022 [77]. - The group's investment properties decreased from HKD 656,381,000 as of December 31, 2022, to HKD 603,127,000 as of December 31, 2023, a reduction of HKD 53,254,000 due to impairment losses [126]. - The group's intangible assets decreased from HKD 189,370,000 to HKD 122,340,000, a reduction of HKD 67,030,000, mainly due to impairment losses and amortization during the fiscal year [129]. Impairment and Loss Provisions - The company reported a significant increase in impairment losses on receivables, totaling HKD 52.01 million compared to HKD 33.13 million in 2022 [4]. - The fair value change of investment properties resulted in a loss of HKD 32.59 million, contrasting with a gain of HKD 1.26 million in the previous year [4]. - The company recognized goodwill impairment losses of HKD 11,328,000, an increase of HKD 11,328,000 from the previous year, primarily related to the financial services business [96]. - Non-current asset impairment losses increased to HKD 52,009,000, up HKD 18,875,000 from the previous year, mainly due to the water supply and related services [97]. - The company reported a loss provision of HKD 3,095,000 for other receivables in 2023, significantly higher than the HKD 571,000 provision in 2022, marking an increase of about 442.5% [68]. Cash Flow and Financing - Interest expenses on bank loans amounted to HKD 48,597,000 in 2023, compared to HKD 53,824,000 in 2022, reflecting a reduction of approximately 9.5% [40]. - The group maintained unused bank financing of HKD 420,326,000 as of December 31, 2023, supporting its ability to continue as a going concern [35]. - The group expects to have sufficient financial resources to meet its financial obligations in the foreseeable future based on projected cash flows [35]. - Cash and bank balances decreased to HKD 229,666,000, down HKD 334,828,000 from the previous year, primarily due to loan repayments and deposits for property acquisitions [111]. - Bank and other borrowings decreased to HKD 866,798,000, down HKD 83,154,000 from the previous year, mainly due to loan repayments [112]. Corporate Governance and Future Outlook - The company has adopted corporate governance principles to enhance shareholder value and protect stakeholder interests [187]. - The group plans to continue exploring potential investment and development opportunities in the property market to increase recurring income and capital appreciation [171]. - For 2024, the group anticipates a slowdown in global economic growth and will adopt a cautious approach to regularly review its existing business and assess strategies in response to market conditions [172]. - The board believes that the group's existing financial resources are sufficient to meet its current obligations and operational capital needs [177]. Employee and Operational Changes - As of December 31, 2023, the total number of employees was 412, an increase from 405 in the previous year [174]. - The company has not purchased, sold, or redeemed any of its listed securities during the year [186]. - The company plans to hold its annual general meeting on or before June 30, 2024 [185].

Financial Performance - For the six months ended June 30, 2023, the company's revenue was approximately HKD 153.09 million, a decrease of about HKD 16.05 million or 9% compared to HKD 169.14 million for the same period last year[23]. - The net loss attributable to shareholders for the six months ended June 30, 2023, was approximately HKD 41.59 million, a decrease of about HKD 1.91 million compared to HKD 43.50 million for the same period last year[29]. - The basic and diluted loss per share for the six months ended June 30, 2023, was HKD 0.75, compared to HKD 0.79 for the same period last year[20]. - The company's operating loss before tax for the six months ended June 30, 2023, was HKD 51.46 million, compared to HKD 60.50 million for the same period last year[22]. - The company reported a gross profit of HKD 10.66 million for the six months ended June 30, 2023, compared to HKD 11.49 million for the same period last year[22]. - The total comprehensive loss for the period was HKD (95,592,000), slightly improved from HKD (99,834,000) in the prior year[56]. - The company did not recommend an interim dividend for the six months ended June 30, 2023, consistent with the previous year[52]. - The company incurred a loss attributable to shareholders of HKD 41,592 for the first half of 2023, slightly improved from a loss of HKD 43,500 in the same period of 2022[100]. Revenue Breakdown - The company’s financial services business reported a decrease in revenue, contributing to the overall decline in income[23]. - Revenue from water supply and related services decreased to HKD 135,320,000 for the six months ended June 30, 2023, down from HKD 147,481,000 in the same period of 2022, representing a decline of approximately 8.8%[88]. - The financial services segment recorded revenue of approximately HKD 187,000, a decrease of about HKD 3,575,000 or 95% compared to the previous year[182]. - Revenue from water supply and related services was approximately HKD 138,309,000, a decrease of 6% or about HKD 9,307,000 compared to the previous year, primarily due to a decline in water usage by commercial users[181]. - Reported segment revenue for the first half of 2023 was HKD 152,904, a decrease of 7.9% compared to HKD 165,377 in the same period of 2022[99]. Expenses and Costs - The cost of sales/services for the six months ended June 30, 2023, was approximately HKD 142,427,000, a decrease of about HKD 15,224,000 or 9.6% compared to the same period last year[170]. - Employee costs, including directors' remuneration, were HKD 24,689,000 for the six months ended June 30, 2023, down from HKD 27,518,000 in the same period of 2022, indicating a reduction of about 10.4%[70]. - For the six months ended June 30, 2023, the group recorded general and administrative expenses of approximately HKD 41,208,000, a decrease of about 20% compared to the same period last year[187]. - Financial expenses for the six months ended June 30, 2023, amounted to approximately HKD 25,550,000, an increase of about HKD 632,000 compared to the same period last year[189]. Assets and Liabilities - Total assets as of June 30, 2023, were HKD 1,797.05 million, compared to HKD 1,734.31 million as of December 31, 2022[35]. - The company's cash and bank balances decreased to HKD 236.93 million as of June 30, 2023, from HKD 426.79 million as of December 31, 2022[35]. - Non-current liabilities decreased to HKD 699.95 million as of June 30, 2023, from HKD 797.17 million as of December 31, 2022[36]. - The total liabilities decreased to HKD 136,919 thousand from HKD 146,301 thousand, indicating a reduction of 6.5%[134]. - The company reported total liabilities of HKD 301,103 as of June 30, 2023, an increase from HKD 264,069 at the end of 2022[112]. Cash Flow - The net cash generated from operating activities for the six months ended June 30, 2023, was HKD 62,807,000, compared to HKD 4,784,000 for the same period in 2022[38]. - The net cash used in investing activities was HKD (186,143,000) for the six months ended June 30, 2023, compared to HKD (19,443,000) in the previous year[38]. - The net decrease in cash and cash equivalents was HKD (181,491,000) for the period, compared to HKD (69,831,000) in the previous year[38]. - Cash deposits pledged to banks amounted to RMB 132,000,000 (approximately HKD 142,304,000) as of June 30, 2023, consistent with the previous year[109]. Future Outlook - The company expects to have sufficient financial resources to meet its financial obligations in the foreseeable future[47]. - The group expects to maintain a strong relationship with banks and anticipates refinancing all bank loans upon maturity[67]. - The group aims to explore significant property projects in China and overseas to enhance market competitiveness and diversify income sources[183]. - The group emphasizes corporate governance and employee training to improve sustainable development and long-term shareholder returns[184]. Other Financial Metrics - The total tax expense for the period was HKD 10,934, an increase from HKD 2,870 in the previous year, primarily due to higher corporate income tax in China[100]. - The group incurred a net foreign exchange loss of HKD 6,524,000 for the six months ended June 30, 2023, compared to HKD 11,639,000 in the same period of 2022, showing a decrease of approximately 43%[70]. - The group recorded a tax expense of approximately HKD 10,934,000, an increase of about HKD 8,064,000 compared to the same period last year, primarily due to increased taxable income from water supply and related businesses[190].

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 而引致之任何損失承擔任何責任。 UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環 球 實 業 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1026） 截至二零二三年六月三十日止六個月 中期業績公佈 概要 － 截至二零二三年六月三十日止六個月的收入約為153.09百萬港元（截至二零二二年六月三十日 止六個月：約169.14百萬港元），較去年同期減少約16.05百萬港元或9%。該減少主要由於本 集團自來水供應業務、物業投資及發展業務及金融服務業務收入減少所致。 － 截至二零二三年六月三十日止六個月的本公司股東應佔虧損淨額約為41.59百萬港元（截至二 零二二年六月三十日止六個月：約43.50百萬港元），較去年同期減少約1.91百萬港元，主要由 於經營成本、員工成本及行政費用（包括匯兌虧損）減少所致，部分被利得稅開支增加抵銷。 － 截至二零二三年六月三十日止六個月的每股基本及 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環 球 實 業 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1026） 有關截至二零二二年報之 補充公佈 茲提述環球實業科技控股有限公司（「本公司」）截至二零二二年十二月三十一日止年度之年報（「二零 二二年報」）。除另行界定外，本公佈所用詞彙與二零二二年報內所界定者具相同涵義。 除二零二二年報中的董事會報告當中「股份獎勵計劃」一節及綜合財務報表附註33所披露的內容外， 本公司欲提供以下有關股份獎勵計劃的額外資料。 於二零二二年一月一日、二零二二年十二月三十一日及二零二二年報的日期，根據計劃授權授出及 根據股份獎勵計劃可發行的股份總數為551,300,000股，佔本公司已發行股本的10.0%。股份獎勵計 劃並無設定服務提供者分項限額。合資格人士在申請或接受股份獎勵計劃的獎勵時無需支付任何代 價。 ...

Financial Performance - For the year ended December 31, 2022, the company's revenue was HKD 349 million, a decrease of 5.3% or HKD 19.5 million compared to HKD 368.5 million in 2021[2]. - The basic and diluted loss per share for the year was HKD 0.0189, compared to HKD 0.0071 in 2021[3]. - The water supply and related services generated revenue of approximately HKD 312 million, down 4.8% or HKD 15.7 million from HKD 328 million in the previous year, partly due to operational disruptions caused by the COVID-19 pandemic[6]. - The property investment and development segment recorded revenue of approximately HKD 33 million, a decrease of 18% or HKD 7.4 million from HKD 40 million in the previous year[6]. - The financial services segment saw a significant increase in revenue to approximately HKD 3.9 million, up 1141% from HKD 0.318 million, primarily due to the recognition of full-year revenue following an acquisition[6]. - The net loss attributable to shareholders for the year was HKD 104.07 million, an increase of HKD 64.97 million compared to HKD 39.1 million in 2021[13]. - The company did not recommend any final dividend for the year ended December 31, 2022, consistent with the previous year[14]. Asset and Liability Management - The group's cash and bank balances decreased from HKD 866,270,000 as of December 31, 2021, to HKD 564,494,000 as of December 31, 2022, a reduction of HKD 301,776,000[34]. - The group's investment properties decreased from HKD 709,387,000 as of December 31, 2021, to HKD 656,381,000 as of December 31, 2022, a decline of HKD 53,006,000 due to currency depreciation[30]. - The group's intangible assets decreased from HKD 260,324,000 as of December 31, 2021, to HKD 189,370,000 as of December 31, 2022, a reduction of HKD 70,954,000 primarily due to impairment losses[32]. - The group's bank and other borrowings decreased from HKD 1,092,006,000 as of December 31, 2021, to HKD 949,952,000 as of December 31, 2022, a decrease of HKD 142,054,000 due to loan repayments[50]. - The group's prepaid land lease payments decreased from HKD 25,791,000 as of December 31, 2021, to HKD 23,686,000 as of December 31, 2022, a decrease of HKD 2,105,000 due to amortization[30]. - The group's equity in a joint venture decreased from HKD 268,172,000 as of December 31, 2021, to HKD 244,955,000 as of December 31, 2022, a decline of HKD 23,217,000 due to losses from the joint venture[32]. - The group's accounts receivable decreased by 25% or HKD 14,032,000 from HKD 56,691,000 as of December 31, 2021, to HKD 42,659,000 as of December 31, 2022, primarily due to reduced revenue from water supply and related businesses[69]. - The group's accounts payable decreased by HKD 5,747,000 from HKD 272,454,000 as of December 31, 2021, to HKD 266,707,000 as of December 31, 2022[72]. - The group's liquidity and financial resources are deemed sufficient to meet current obligations and operational funding needs, but may require additional borrowing or equity financing for large-scale expansions or acquisitions[57]. - The group's debt-to-asset ratio was 55% as of December 31, 2022, compared to 53% in the previous year[77]. Strategic Initiatives - The company aims to seek development and investment opportunities to create value for shareholders in the future[20]. - The group plans to maintain a steady development strategy while optimizing asset allocation and resource configuration to explore potential investment opportunities in the property market[41]. - The group aims to explore significant property projects in China and overseas to diversify risks and expand revenue sources[62]. - The group plans to continue focusing on property investment and development in China and overseas, seeking potential investment opportunities to increase recurring income and capital appreciation[83]. - The group has taken measures to control costs and seek opportunities for business development in response to challenges posed by the COVID-19 pandemic[85]. Corporate Governance - The board of directors includes independent non-executive members with extensive experience in finance and management[98][119]. - The board consists of seven directors, including three executive directors and three independent non-executive directors, complying with listing rules regarding independent director representation[126]. - The current arrangement of the chairman and CEO roles being held by the same individual is believed to provide strong leadership and effective management[123]. - The independent non-executive directors have confirmed their independence throughout the year, ensuring compliance with corporate governance standards[126]. - The company has purchased liability insurance for its directors and senior management to protect against legal liabilities arising from their duties[130]. - The board actively participates in meetings to provide independent judgment on strategy, performance, and management processes[127]. - The company has adopted corporate governance principles to enhance shareholder value and protect stakeholder interests[140]. - The board regularly reviews delegated functions to ensure they meet the group's needs[143]. Employee and Talent Management - The total number of employees as of December 31, 2022, was 405, a decrease from 427 in the previous year[65]. - The company emphasizes the importance of retaining talent and continuous training to achieve service excellence[141]. - The company expresses gratitude to its employees for their continuous contributions[102]. Shareholder Information - Major shareholders include 永城 with 1,561,140,000 shares, representing 28.32% of the total issued share capital[162]. - The company has no restrictions on the issuance of new shares to existing shareholders according to its articles of association or Cayman Islands law[170]. - The company will propose the reappointment of the retiring auditor at the upcoming annual general meeting[172]. Risk Management - The group is closely monitoring foreign exchange risks due to the restrictions imposed by the Chinese government on the RMB to HKD exchange rate[106]. - The group has received civil claims from a government-designated water plant totaling approximately RMB 291.1 million, which it believes lacks legal basis[109]. - The group has no other significant pending or threatened litigation against any member of the group as of the report date[109]. Financial Reporting and Compliance - The audit committee reviewed the audited financial statements for the year ending December 31, 2022, and discussed matters related to auditing, internal controls, risk management, and financial reporting[194]. - The company has not recorded any non-compliance issues related to environmental and social aspects during the year[150]. - The company has not made any significant investments or acquisitions of capital assets during the reporting period[89]. - The company has not engaged in any significant investments, acquisitions, or disposals during the year ended December 31, 2022, apart from those disclosed[104].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環 球 實 業 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1026） 截至二零二二年十二月三十一日止年度 全年業績公佈 全年概要 － 截至二零二二年十二月三十一日止年度之收入為349百萬港元（二零二一年：368.5百萬港 元），較去年減少19.5百萬港元或5.3%。該減少主要由於本集團的自來水供應業務收入及中國 的商用物業的租金收入減少所致。 － 截至二零二二年十二月三十一日止年度之本公司股東應佔虧損淨額為104.07百萬港元（二零 二一年：39.1百萬港元），較去年增加64.97百萬港元。虧損增加主要由於(i)誠如先前所宣佈本 集團半年度業績所預期，本集團全年自來水供應業務和物業投資及發展業務收入輕微減少及 經營成本、員工成本及行政費用增加所致；(ii)本集團以人民幣計值之資產之匯兌虧損增 ...

Financial Performance - Revenue for the six months ended June 30, 2022, was approximately HKD 169.14 million, a decrease of 2% compared to HKD 173.25 million for the same period in 2021[5] - Net loss attributable to shareholders for the six months ended June 30, 2022, was approximately HKD 43.50 million, an increase of 73% from HKD 25.14 million in the same period of 2021[5] - Basic and diluted loss per share for the six months ended June 30, 2022, was HKD 0.79, compared to HKD 0.46 for the same period in 2021[5] - The group reported an operating loss of HKD 35.58 million for the six months ended June 30, 2022, compared to an operating loss of HKD 8.06 million in the same period of 2021[9] - Total comprehensive loss for the six months ended June 30, 2022, was HKD 99.83 million, compared to HKD 28.16 million for the same period in 2021[15] - The increase in losses was primarily due to the acquisition of a financial services business in November 2021 and rising operational costs[5] - The company reported a pre-tax loss of HKD 43,500,000 for the six months ended June 30, 2022, compared to a loss of HKD 25,142,000 for the same period in 2021, representing a year-over-year increase of 72.6% in losses[58] - The loss attributable to shareholders for the same period was HKD 43,500,000, an increase of HKD 18,358,000 or 73% year-on-year[122] Revenue Breakdown - Revenue from water supply and related services was HKD 147,481 thousand, down 3.4% from HKD 153,013 thousand year-on-year[37] - Reportable segment revenue from water supply and related services was HKD 165,377,000 in 2022, down from HKD 173,249,000 in 2021, a decline of 4.9%[54] - The property investment and development segment recorded revenue of approximately HKD 17,761,000, a decrease of 12% or HKD 2,475,000 from HKD 20,236,000 in the previous year, due to reduced foot traffic and rental discounts offered to tenants[114] - The financial services segment generated revenue of approximately HKD 3,762,000, a 100% increase from zero in the previous year, following the acquisition of two financing companies in November 2021[115] - The group's main business revenue for the six months ended June 30, 2022, was approximately HKD 169,139,000, a decrease of 2% or about HKD 4,110,000 compared to HKD 173,249,000 in the same period last year[114] Assets and Liabilities - Non-current assets as of June 30, 2022, amounted to HKD 1,647.49 million, a decrease from HKD 1,742.76 million as of December 31, 2021[17] - Current assets as of June 30, 2022, totaled HKD 1,023.01 million, down from HKD 1,148.70 million as of December 31, 2021[17] - Total liabilities as of June 30, 2022, were HKD 1,871.76 million, compared to HKD 1,572.30 million as of December 31, 2021[20] - Total equity attributable to shareholders decreased to HKD 1,047,432 thousand from HKD 1,122,841 thousand, representing a decline of approximately 6.7% year-on-year[23] - Cash and cash equivalents decreased to HKD 693,174 thousand from HKD 794,948 thousand, reflecting a decline of approximately 12.7%[26] - The total bank borrowings decreased to HKD 1,013,447,000 as of June 30, 2022, from HKD 1,092,006,000 as of December 31, 2021, a reduction of 7.2%[93] Cash Flow - Net cash generated from operating activities for the six months ended June 30, 2022, was HKD 4,784 thousand, down 29.3% from HKD 6,778 thousand in the same period last year[26] - Net cash used in investing activities increased to HKD 19,443 thousand from HKD 16,987 thousand, reflecting a rise of 8.6% year-on-year[26] - Net cash used in financing activities significantly decreased to HKD 55,172 thousand from HKD 348,690 thousand, indicating a reduction of approximately 84.2% year-on-year[26] Operational Costs - Employee costs, including directors' remuneration, increased to HKD 31,430,000 in 2022 from HKD 25,820,000 in 2021, reflecting a rise of 22.5%[5] - General and administrative expenses rose by 59% to HKD 51,679,000, mainly due to increased operating costs and foreign exchange losses[126] - Cost of sales/services increased by HKD 7,784,000 to HKD 157,651,000, primarily due to higher costs in the water supply business[123] Strategic Focus - The company continues to focus on investment holding, property investment and development, property management, water supply services, and financial services[31] - The company aims to enhance corporate governance, operational efficiency, and employee training to improve competitiveness and long-term shareholder returns[117] - The company will continue to focus on water supply and property investment businesses, which are expected to provide stable income sources amid global economic uncertainties[119] - The company is exploring potential investment and development opportunities in China and overseas to diversify risks and enhance market competitiveness[119] Impact of COVID-19 - The ongoing COVID-19 pandemic has negatively impacted the company's business performance, prompting cost control measures and efforts to identify growth opportunities[120] - The company will continue to monitor the pandemic and global economic developments to address any impacts on its financial performance[120] Shareholder Information - The company reported a total of 5,513,000,000 shares issued and fully paid as of June 30, 2022, unchanged from previous periods[103] - As of June 30, 2022, the company has a total of 1,561,140,000 shares owned by Ms. Zhu and her controlled corporations, representing 28.32% of the issued share capital[172] - The beneficial ownership of shares includes 961,140,000 shares directly held by Yongcheng and 600,000,000 shares held by Bosun, with Yongcheng being wholly owned by Affluent Vast, which is in turn wholly owned by Ms. Zhu[179] Related Party Transactions - A related party transaction occurred on May 25, 2021, where the group agreed to acquire all issued share capital of a target company from a related party for a cash consideration of HKD 36,500,000[196]

Financial Performance - For the year ended December 31, 2021, the company's revenue was HKD 3,685 million, an increase of HKD 237.5 million or 7% compared to HKD 3,447.5 million in 2020[8] - The net loss attributable to shareholders for the year was HKD 39.1 million, an increase of HKD 2.76 million or 8% from HKD 36.34 million in 2020[8] - Basic and diluted loss per share for the year was HKD 0.71, compared to HKD 0.66 in 2020[8] - The company did not recommend any dividend for the year ended December 31, 2021, consistent with the previous year[8] - The company recorded revenue of HKD 368,501,000 for the fiscal year, an increase of 7% or HKD 23,753,000 compared to the previous fiscal year[23] - The net loss attributable to shareholders was HKD 39,102,000, an increase of HKD 2,765,000 from the previous fiscal year[23] Revenue Segments - The water supply and related services generated revenue of approximately HKD 327.7 million, up 7% from HKD 305.9 million in the previous year[15] - The property investment and development segment recorded revenue of approximately HKD 40.5 million, an increase of 4% from HKD 38.8 million in the previous year[15] - Revenue from water supply and related services was approximately HKD 327,729,000, up 7% or about HKD 21,822,000 from HKD 305,907,000 in the previous year, driven by urban development and increased demand for water supply[61] - The group's property investment and development segment recorded revenue of approximately HKD 40,454,000, a 4% increase or about HKD 1,613,000 from HKD 38,841,000 in the previous year[61] Acquisitions and Investments - The company completed the acquisition of securities brokerage and financial advisory businesses, aiming to enhance its comprehensive financial services capabilities[18] - The group completed the acquisition of all shares of Goodwin Financing Limited and Goodwin Securities Limited on November 3, 2021, aiming to develop into a comprehensive financial holding company[63] - The acquisition of Goodwin Securities Limited and Goodwin Financing Limited was completed on November 3, 2021, for a total cash consideration of HKD 36,500,000[73] - The company proposed to invest up to RMB 380,550,000 (approximately HKD 455,203,000) in Guangdong Nanyue Bank, but the investment was not completed[72] Financial Position - The company's cash and bank balances decreased by HKD 276,405,000 to HKD 866,270,000, mainly due to loan repayments[45] - The company’s accounts receivable increased by 19% to HKD 56,691,000, primarily due to the new acquisition in the financial services sector[43] - The company’s investment properties increased by HKD 23,284,000 to HKD 709,387,000, mainly due to the appreciation of RMB against the company’s functional currency[33] - As of December 31, 2021, the group's current assets net value was HKD 505,889,000, including cash and bank balances of HKD 799,632,000[58] - The group's asset-liability ratio was 53% as of December 31, 2021, compared to 52% in the previous year[58] Cost and Expenses - Cost of sales/services amounted to HKD 320,151,000, an increase of HKD 26,937,000, primarily due to the water supply and property investment and development businesses[24] - Other income and gains decreased by 29% to HKD 11,325,000, mainly due to the absence of gains from the sale of a subsidiary in the current year[25] - General and administrative expenses decreased by 19% to HKD 70,893,000, attributed to the lack of impairment losses recognized in the current year[26] - Financial expenses increased by 37% to HKD 53,140,000, primarily due to increased bank loan interest[29] Corporate Governance - The board of directors emphasized the importance of corporate governance, ensuring compliance with all regulatory requirements[119] - The company has established governance policies and procedures to ensure compliance and legality in its operations[127] - The company’s governance report outlines the compliance with the corporate governance code and the disclosure of relevant information[127] - The board must include independent non-executive directors as per the listing rules, ensuring candidates meet independence guidelines[147] - The board is responsible for maintaining effective risk management and internal control systems, with an annual review conducted[161] Risk Management - The company emphasizes the importance of risk management and corporate governance to ensure sustainable development amid economic uncertainties[16] - The company has engaged external independent consultants to audit its internal control and risk management systems[161] - The company has not established any arrangements to hedge foreign exchange risks, which may impact its operating performance[81] - The company is closely monitoring exchange rate fluctuations to manage foreign exchange risks[81] Employee and Social Responsibility - The total number of employees as of December 31, 2021, was 427, an increase from 400 in 2020[69] - The group emphasizes corporate governance and social responsibility, providing training and career development for employees to achieve sustainable development[67] - The group is committed to sustainable business development and corporate social responsibility, aiming to collaborate with stakeholders for a better future[196] - The group engages stakeholders through regular meetings, interviews, and Q&A sessions to create value[197] Legal Matters - The group is involved in a significant legal dispute regarding a civil claim for water supply costs amounting to RMB 96,500,000[89] - The group has sought legal advice to protect its rights concerning a government-mandated water supply cessation[89] - The group has made a prudent estimate for water costs in its consolidated financial statements pending the resolution of the dispute[89] Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of 10% to 12%[117] - New product launches are expected to contribute an additional $200 million in revenue, with a focus on innovative technology solutions[116] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share within the next two years[115] Environmental Initiatives - The group emphasizes the importance of environmental performance and aims to reduce emissions and waste while enhancing energy management[195] - The group plans to increase the frequency of pipeline inspections to identify and repair leaks, enhance transparency of existing pipeline locations, and implement maintenance plans to reduce water loss[191] - The group aims to improve energy efficiency and reduce consumption in the East Mountain Shopping Mall, while also assisting in the renovation of old districts and residential areas[191]