Financial Position - As of December 31, 2023, total assets decreased to HK$791,904,000 from HK$951,565,000 as of June 30, 2023, representing a decline of approximately 16.8%[9] - Current assets increased to HK$233,814,000, up from HK$181,299,000, marking an increase of about 29%[12] - Cash and cash equivalents significantly rose to HK$175,233,000 from HK$80,854,000, reflecting a growth of approximately 117%[12] - Total liabilities decreased to HK$458,293,000 from HK$617,410,000, a reduction of around 26%[15] - Net current liabilities improved to HK$222,056,000 from HK$432,342,000, indicating a positive change in financial position[15] - Equity attributable to the owners of the Company slightly decreased to HK$337,758,000 from HK$338,710,000, a marginal decline of about 0.3%[12] - The Company has maintained its share capital at HK$9,066,000 with no changes reported[12] Revenue and Profitability - Total revenue for the six months ended December 31, 2023, was HK$296,430,000, a significant increase from HK$36,324,000 in the same period of 2022, representing a growth of 717%[19] - Income from film distribution and exhibition surged to HK$273,388,000, compared to HK$15,871,000 in the prior year, marking an increase of 1,620%[19] - Profit before tax for the period was HK$5,418,000, a turnaround from a loss of HK$27,860,000 in the previous year[19] - The company reported a profit for the period of HK$52,000, compared to a loss of HK$27,965,000 in the same period last year[19] - Total comprehensive income for the period attributable to owners of the company was HK$518,000, a recovery from a loss of HK$27,901,000 in the previous year[22] - Basic and diluted earnings per share for the period were HK$0.06, compared to a loss of HK$3.06 per share in the prior year[22] Expenses - The cost of revenue increased to HK$255,011,000 from HK$25,685,000, reflecting a rise of 895%[19] - Selling expenses increased to HK$7,037,000 from HK$5,539,000, reflecting a rise of 27%[19] - Administrative expenses slightly increased to HK$27,456,000 from HK$26,880,000, showing a growth of 2%[19] - The company experienced a net other gain of HK$3,113,000, compared to a net loss of HK$5,902,000 in the previous year[19] Cash Flow - Net cash generated from operating activities increased to HK$115,852,000, up from HK$74,987,000, representing a growth of 54.2% year-over-year[30] - Net cash used in investing activities decreased significantly to HK$16,915,000 from HK$127,853,000, indicating a reduction of 86.7%[30] - Net increase in cash and cash equivalents for the period was HK$94,379,000, compared to a decrease of HK$57,359,000 in the previous year[33] - Cash and cash equivalents at the end of the period rose to HK$175,233,000, up from HK$154,487,000, reflecting an increase of 13.4%[33] Segment Information - For the six months ended December 31, 2023, the Group's segment revenue totaled HK$296,430,000, with video distribution contributing HK$273,725,000 and trading of optical products contributing HK$10,742,000[82] - The Group reported a segment profit before tax of HK$6,776,000 for the same period, with video distribution generating a profit of HK$12,039,000 while trading of optical products incurred a loss of HK$2,047,000[82] - As of December 31, 2023, the Group's total segment assets amounted to HK$610,744,000, with the largest contribution from video distribution at HK$542,585,000[82] - The total segment liabilities as of the same date were HK$439,843,000, with video distribution accounting for HK$415,341,000[82] Legal Matters - The Company is currently involved in pending litigations, including a claim by Star Overseas Limited for US$935,872 (equivalent to HK$7,299,799) related to revenue sharing from the movie "Shaolin Soccer"[153] - Koninklijke Philips Electronics N.V. has made claims against the Company regarding alleged patent infringements, but the Board does not expect any material outflow of economic benefits from these claims[161] - The Company is actively managing its legal risks and believes that the outcomes of the ongoing litigations are not likely to significantly affect its financial position[161] Market and Industry - The recovery of the film industry in China is attributed to the gradual fading of the COVID-19 pandemic's impact[196] - The Group aims to sustain long-term growth in the Chinese film market through continued investment in quality film production[196] - In 2023, the total box office in Mainland China reached approximately RMB 54.9 billion, marking a year-over-year increase of about 83.0%[194] Employee and Shareholder Information - Employee benefits expenses, including directors' emoluments, totaled HK$21,380,000 for the six months ended December 31, 2023, compared to HK$20,763,000 in 2022, representing an increase of 2.97%[133] - The Company did not declare or pay any interim dividends for the period, consistent with the previous year[98]

Financial Performance - Total revenue for the six months ended December 31, 2023, was HKD 296,430,000, a significant increase from HKD 36,324,000 in the same period of 2022[2] - The company reported a profit before tax of HKD 5,418,000, a recovery from a loss of HKD 27,860,000 in the prior year[3] - Net profit for the period was HKD 52,000, a significant improvement from a net loss of HKD 27,965,000 in the same period last year[3] - Basic and diluted earnings per share were HKD 0.06, recovering from a loss of HKD 3.06 per share in the previous year[5] - For the six months ended December 31, 2023, the company reported a total revenue of HKD 36,324 million, compared to HKD 29,499 million for the same period in 2022, representing a year-over-year increase of 23.5%[25] - The company experienced a pre-tax loss of HKD 27,860 million for the six months ended December 31, 2023, compared to a pre-tax loss of HKD 18,181 million in the same period of 2022[25] - The company's basic earnings per share for the six months ended December 31, 2023, was HKD 0.00057, a significant recovery from a loss of HKD 27,703 million in the same period of 2022[31] - The company reported a decrease in accounts receivable from HKD 49,158 million as of June 30, 2023, to HKD 33,714 million as of December 31, 2023, indicating improved cash flow management[38] - The company’s financial costs for the six months ended December 31, 2023, were recorded at HKD 173 million, reflecting a focus on cost management[25] Revenue Breakdown - The group reported total revenue of HKD 296,430,000 for the six months ended December 31, 2023, with a breakdown of HKD 273,725,000 from video distribution and HKD 10,742,000 from eyewear and watch products[24] - Revenue from the film distribution and screening segment was approximately HKD 273.7 million, an increase of about 16.0 times from HKD 16.1 million in the previous period, accounting for approximately 92.3% of total revenue[59] - The eyewear and watch trading, wholesale, and retail business recorded revenue of approximately HKD 10.7 million, a decrease of about 2.7% compared to HKD 11.0 million in the same period last year, accounting for approximately 3.6% of the group's total revenue[62] - The financial printing segment's revenue increased by approximately 30.2% to about HKD 11.2 million, compared to HKD 8.6 million in the same period last year, accounting for approximately 3.8% of the group's total revenue[68] Assets and Liabilities - Total assets decreased to HKD 791,904,000 from HKD 951,565,000 as of June 30, 2023[7] - Current assets increased to HKD 233,814,000 from HKD 181,299,000, reflecting improved liquidity[7] - The company’s total liabilities decreased to HKD 458,293,000 from HKD 617,410,000, indicating a reduction in financial obligations[9] - The total assets of the company as of December 31, 2023, amounted to HKD 957,644 million, while total liabilities were HKD 703,574 million, resulting in a net asset position[25] Segment Performance - The group achieved a pre-tax profit of HKD 5,418,000 for the same period, with segment performance showing a profit of HKD 12,039,000 from video distribution[24] - The group incurred total segment liabilities of HKD 439,843,000, with HKD 415,341,000 related to video distribution[24] - The segment loss for the eyewear and watch business was approximately HKD 2.0 million, an increase of about 42.9% from HKD 1.4 million in the same period last year[62] - The financial printing segment recorded a loss of approximately HKD 3.2 million, an increase of about 39.1% from HKD 2.3 million in the same period last year[69] Legal Matters - In a lawsuit filed by Starry Overseas Limited, the company is claimed to owe USD 935,872 (equivalent to HKD 7,299,799) for revenue sharing from the film "Shaolin Soccer"[43] - The company has paid HKD 5,495,700 to Starry as part of the court order, leaving a remaining claim of approximately HKD 1,804,099[44] - The company has initiated a claim against Starry for unauthorized use of shared rights from the film, seeking compensation for all losses and damages incurred[46] - The company is currently involved in litigation regarding the validity and enforceability of an artist management contract, with potential claims amounting to approximately HKD 1.7 million[49] - A settlement was reached in July 2023, where the defendant agreed to pay a net amount of approximately HKD 500,000 to the company[50] Corporate Governance and Compliance - The company has complied with the corporate governance code as of December 31, 2023, except for the separation of roles between the Chairman and the CEO[99] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the accounting principles and methods used by the group[102] - The company has adopted standard codes for directors trading in the company's securities, confirming compliance during the reporting period[104] Future Plans and Strategies - The company plans to continue expanding its market presence and exploring new product development opportunities[13] - The company plans to continue investing in the production of original quality films in China and Hong Kong, with upcoming releases including "Emergency Landing" and "Bomb Disposal Expert 3" starring Andy Lau[61] Stock Options and Employee Incentives - The new stock option plan will be adopted on December 4, 2023, following the expiration of the old plan on December 1, 2023[80] - The new stock option plan aims to recognize and incentivize eligible participants, including employees and service providers, to enhance their performance and efficiency for the benefit of the group[82] - The maximum number of shares that can be issued under the new stock option plan is capped at 10% of the total issued shares, with a specific limit of 3% for service providers unless approved by shareholders[87] - The vesting period for stock options must not be less than 12 months from the acceptance date, with flexibility for the board to shorten it under specific circumstances[94] - Performance targets for stock options will include financial and management goals based on individual and group performance, providing the board with greater flexibility in setting terms[95] - The company may grant "make-up" stock options to new joiners to replace options forfeited from previous employers[96] - The company has not issued or circulated any stock options during the current period under both old and new stock option plans[98]

目錄 CONTENT | 2 | Corporate Information | | --- | --- | | | 公司資料 | | 4 | Chairman's Statement | | | 主席報告 | | 6 | Management Discussion and Analysis | | | 管理層討論及分析 | | 17 | Directors and Senior Management Profile | | | 董事及高級管理人員簡介 | | 20 | Corporate Governance Report | | | 企業管治報告 | | 39 | Environmental, Social & Governance Report | | | 環境、社會及管治報告 | | 59 | Report of the Directors | | | 董事會報告書 | | 73 | Independent Auditor's Report | | | 獨立核數師報告書 | | 78 | Consolidated Statement of Financial Position | | | 綜合財務狀況 ...

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。 UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰 宇 娛 樂 文 化 集 團 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：1046） 截至二零二三年六月三十日止年度之 全年業績公佈 業績 寰宇娛樂文化集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）謹此公佈本 公司及其附屬公司（統稱「本集團」）截至二零二三年六月三十日止年度之經審核 綜合業績及截至二零二二年六月三十日止年度之比較數字如下： 綜合全面收益表 截至二零二三年六月三十日止年度 二零二三年 二零二二年 ...

Financial Performance - Total revenue for the six months ended December 31, 2022, was HK$36,324,000, a decrease of 21.2% from HK$46,118,000 in the same period of 2021[18]. - Revenue from sales of goods (video distribution, optical products, and watches) dropped significantly to HK$11,240,000, down 52.2% from HK$23,456,000[18]. - Income on film distribution and exhibition increased to HK$15,871,000, up 19.7% from HK$13,242,000[18]. - Loss before tax for the period was HK$27,860,000, slightly improved from a loss of HK$29,192,000 in the prior year[18]. - Total comprehensive loss for the period was HK$28,163,000, compared to HK$27,685,000 in the same period last year[20]. - Loss per share attributable to owners of the Company was HK$3.06, compared to HK$2.98 in the previous year[20]. - The accumulated losses as of December 31, 2022, increased to HK$186,288,000 from HK$158,585,000 as of July 1, 2022[24]. - The group reported a loss before tax of HK$27,703,000 for the six months ended December 31, 2022, compared to a loss of HK$27,042,000 in the same period of 2021[146]. - The Group reported a segmental loss of approximately HK$18.2 million from film distribution and exhibition, compared to a loss of approximately HK$12.1 million in the last period[193]. Assets and Liabilities - As of December 31, 2022, total assets increased to HK$1,119,187,000 from HK$1,072,987,000 as of June 30, 2022, reflecting a growth of approximately 4.3%[11]. - The Group's total equity decreased to HK$399,065,000 from HK$427,228,000, representing a decline of about 6.6%[11]. - Non-current assets decreased from HK$801,871,000 to HK$914,901,000, primarily due to a reduction in property, plant, and equipment[8]. - Current liabilities increased significantly to HK$716,415,000 from HK$640,162,000, marking an increase of approximately 11.9%[14]. - The Group reported a net current liabilities position of HK$512,129,000, worsening from HK$369,046,000[14]. - The total liabilities increased to HK$720,122,000 from HK$645,759,000, representing an increase of about 11.5%[14]. - Cash and cash equivalents decreased to HK$154,487,000 from HK$211,846,000, a decline of about 27%[11]. - The net carrying amount of property, plant, and equipment decreased from HK$30,545,000 on July 1, 2022, to HK$28,852,000 by December 31, 2022[90]. - The total addition to property, plant, and equipment during the six months ended December 31, 2022, was HK$120,000[90]. Cash Flow - Net cash generated from operating activities decreased to HK$74,987,000 from HK$300,027,000, representing a decline of approximately 75%[28]. - Net cash used in investing activities was HK$127,853,000, a reduction from HK$402,565,000, indicating a decrease of about 68%[28]. - Net decrease in cash and cash equivalents for the period was HK$57,359,000, compared to HK$109,028,000 in the previous year, reflecting a decrease of approximately 47%[31]. - Cash and cash equivalents at the end of the period stood at HK$154,487,000, down from HK$266,896,000, a decline of about 42%[31]. - Payments for film rights and films in progress amounted to HK$137,729,000, a decrease from HK$403,174,000, indicating a reduction of approximately 66%[28]. Segment Information - The Group's reportable segments include video distribution, optical products trading, investment property leasing, securities investments, and financial printing services[81][82]. - Segment performance is evaluated based on reportable segment profit/loss before tax, excluding certain financial adjustments and unallocated corporate expenses[76][80]. - Revenue from external customers for the six months ended December 31, 2022, was HK$36,324,000, a decrease from HK$46,118,000 in the same period of 2021, representing a decline of approximately 21.2%[84]. - Segment result for the six months ended December 31, 2022, showed a loss of HK$22,586,000 compared to a loss of HK$26,917,000 in the same period of 2021, indicating an improvement of approximately 16.5%[84]. - Total segment assets as of December 31, 2022, were HK$957,644,000, an increase from HK$951,251,000 as of December 31, 2021, reflecting a growth of approximately 0.7%[84]. - Total segment liabilities as of December 31, 2022, were HK$703,574,000, slightly down from HK$705,126,000 as of December 31, 2021, indicating a decrease of about 0.2%[84]. Legal Matters - UEL was ordered to pay HK$5,495,700 to Star as part of the license fee for the Movie, along with interest of HK$350,905[149]. - The total claim by Star amounts to US$935,872 (equivalent to HK$7,299,799), leaving a remaining balance of approximately HK$1,804,099 for UEL to defend against[153]. - UEL's claim against Star for wrongful exploitation of rights in the Movie seeks to recover all losses and damages suffered[150]. - ULV, a wholly-owned subsidiary, also claimed against Star for infringement of licensed rights in the Movie, seeking recovery of all losses and damages[151]. - Legal counsel believes it is premature to predict the outcome of the claims against UEL, with no material financial impact expected for the Group[152]. - KPE has made claims against the Company and its subsidiaries for alleged patent infringements, with no provisions made for potential liabilities due to uncertainty in estimating economic outflows[156]. - The Company is involved in ongoing litigation regarding the Artist Management Contract, with claims and counterclaims amounting to approximately HK$1.7 million and HK$0.6 million respectively[163]. - A hearing for the Artist Management Contract case is scheduled for 5 May 2023, with legal counsel advising that it is premature to assess the likely outcome[164]. - China Jianxin Credit Services Limited is pursuing a claim against China Wah Yan Healthcare Limited for an outstanding balance of HK$16,175,304.11, including interest at 8.5% per annum from March 12, 2020[167]. - The court ruled on February 15, 2023, ordering China Wah Yan to pay the outstanding amount and struck out their counterclaim[168]. - Chengdu Global Bona Culture Media Co., Ltd. claims that the film "White Storm 2 – Drug Lords" infringed its copyright, seeking damages of approximately RMB99,990,000 (approximately HK$120 million)[172]. - Chengdu Global Bona also requests an apology and the reimbursement of RMB600,000 (approximately HK$720,000) for legal costs related to the claim[172]. - Legal counsel believes it is not probable that the Group will be liable for the claims made by Chengdu Global Bona, indicating no material impact on the Group's business[173]. Future Outlook - The company continues to explore market expansion opportunities and new product development strategies to enhance revenue streams[88]. - The financial performance indicates a focus on cost management and operational efficiency to mitigate losses and improve profitability in future periods[88]. - The Group plans to gradually release several blockbusters invested by the Group from 2023 to 2024, including "Flashover," "White Storm 3," and "High Forces"[194]. - The Group will continue to invest in original production of quality films in Hong Kong and PRC to enhance content reserves in response to market growth[196]. - The film industry in China is beginning to recover with strong box office performance during the recent Spring Festival holiday in January 2023[194].

Financial Performance - The Group's turnover decreased to approximately HK$127.6 million, with a loss of approximately HK$78.9 million for the year ended June 30, 2022[9]. - The Group recorded a loss of approximately HK$78.9 million for the year ended June 30, 2022, compared to a profit of approximately HK$152.5 million for the previous year, primarily due to a revenue decrease from approximately HK$602.6 million to approximately HK$127.6 million[21]. - The Group's segmental revenue from film distribution and exhibition decreased by approximately 86.9% to approximately HK$69.0 million, accounting for approximately 54.1% of the Group's total revenue during the year[24]. - An impairment loss of approximately HK$27.5 million was recorded for film rights and related assets, significantly higher than the approximately HK$3.0 million recorded in the previous year[26]. - The Group's segmental loss amounted to approximately HK$61.7 million, a stark contrast to the segmental profit of approximately HK$193.5 million from the previous year[27]. - Revenue from the optical products and watches segment was approximately HK$36.1 million, a decrease of approximately 35.4% compared to HK$55.9 million in the previous year, accounting for approximately 28.3% of the Group's revenue[34][35]. - The financial printing segment recorded a loss of approximately HK$11.2 million, an increase from HK$4.5 million in the previous year, primarily due to an impairment loss of HK$4.7 million and increased expenses of HK$2.0 million[60]. Market Conditions - The PRC's movie industry gross box office reached approximately RMB47.2 billion in 2021, recovering to approximately 74% of its pre-pandemic level[8]. - The total box office for the PRC's movie market decreased by approximately 37.7% to approximately RMB17.2 billion for the first half of 2022 compared to the same period last year[8]. - The PRC's total box office decreased by approximately 37.7% to approximately RMB17.2 billion in the first half of 2022 due to the rapid spread of COVID-19 variants[21]. - The pandemic situation in the PRC has stabilized since June 2022, with expectations for a steady rebound in the film market[10]. - The operating rate of movie theatres in the PRC has gradually recovered since June 2022, indicating signs of market recovery[31]. Business Strategy - The Group delayed the theatrical debut of several quality films in response to intermittent lockdowns and cinema closures in the PRC[9]. - The Group plans to continue investing and producing quality films in the coming years to drive business growth in the PRC market[10]. - The Group plans to invest in original productions, with upcoming releases including "Flashover" and "Shock Wave 3," featuring notable directors and actors[28]. - The Group's strategy includes closely monitoring the operating environment and adjusting business plans as necessary[31]. - The Group plans to continue investing in quality film production and expand financial printing services to meet increasing market demand[72]. Cost Management - The extended anti-pandemic measures and economic downturn in Hong Kong caused severe hardship in the Group's optical and watch products business, securities trading, and financial printing[15]. - The Group will implement strict cost-saving measures and adjust business strategies to address upcoming challenges[15]. - Cost-saving measures implemented included reducing the number of retail shops and seeking rental reductions, which helped mitigate the financial impact of the COVID-19 pandemic[40][41]. - The Group will adopt a prudent approach to control costs and enhance operational efficiency in its optical and watch products trade, wholesale, retail, and securities investment business[72]. Corporate Governance - The Company has adopted corporate governance principles emphasizing a quality board, effective risk management, and stringent disclosure practices[106]. - The Company has complied with the Corporate Governance Code except for the separation of roles between Chairman and CEO, which are currently held by the same individual[108]. - The Board is collectively responsible for overseeing business management, strategic decisions, and financial performance for the best interests of Shareholders[115]. - The Company has made continuous efforts to enhance internal controls and procedures in light of regulatory changes and best practices[107]. - The Company has established an Audit Committee on October 11, 1999, which currently comprises three independent non-executive Directors[160]. Risk Management - The Board is responsible for establishing, maintaining, and reviewing the Group's risk management and internal control systems[174]. - An external consultant was engaged to evaluate the Group's risk management and internal control systems, identifying strategic, operational, financial, and compliance risks[177]. - The Group's risk management and internal control systems were reviewed and deemed effective and adequate by the Board for the Year[183]. - The Audit Committee reviews the effectiveness of the internal control system and reports the results to the Board annually[183]. Financial Position - As of June 30, 2022, the Group had cash and cash equivalents of approximately HK$211.8 million, a decrease from approximately HK$375.9 million in 2021[76]. - The Group's total assets as of June 30, 2022, were approximately HK$1,073.0 million, compared to approximately HK$1,051.8 million in 2021[76]. - The gearing ratio as of June 30, 2022, was approximately 3.1%, down from approximately 4.2% as of June 30, 2021[76]. - The current ratio as of June 30, 2022, was approximately 0.42, significantly lower than approximately 1.11 as of June 30, 2021[76]. Shareholder Rights - Shareholders holding at least one-tenth of the paid-up capital have the right to requisition a special general meeting[198]. - The procedures for shareholders to submit proposals at meetings require a written notice with detailed contact information to the Company Secretary[200]. - For ordinary resolutions at special general meetings, a minimum of 14 clear days' notice is required, including 10 clear business days[200]. - For special resolutions at special general meetings, a minimum of 21 clear days' notice is required, including 10 clear business days[200].

UNİ/Erse UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰宇娛樂文化集團有限公司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號：1046) f ER BIRECTED 8:1 BEENSE YAB 载 偷足 - 明 Stolen Tomorro | --- | --- | |-------|--------------------------------------------------------------------------| | | | | 目錄 | CONTENT | | | | | 2 | Corporate Information 公司資料 | | 4 | Chairman's Statement 主席報告 | | 6 | Management Discussion and Analysis | | | 管理層討論及分析 | | 31 | Directors and Senior Management ...

UNİ/Erse UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰 宇 娛 樂 文 化 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號：1046) INTERIM REPORT 中期報告 2020/21 00000000 | --- | --- | |--------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------| | | | | CORPORATE INFORMATION | 公司資料 | | Executive Directors | 執行董事 | | Mr. Lam Shiu Ming, Daneil ...

ur UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰 宇 娛 樂 文 化 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號：1046) | --- | --- | --- | --- | --- | |-------|-------|-------|-------|---------------| | | | | | | | | | | | Annual Report | | | | | | 年報 | | | | | | 2020 | | | | | | | | | | | | | 目 錄 CONTENT 2 Corporate Information 公司資料 4 Chairman's Statement 主席報告 6 Management Discussion and Analysis 管理層討論及分析 25 Directors and Senior Management Profile 董事及高級管理人 ...

UNI Else UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰 宇 娛 樂 文 化 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號：1046) ar Profition 1 寰宇娛樂文化集團有限公司 二零一九年年報 CONTENTS 2 Corporate Information 公司資料 4 Chairman's Statement 主席報告 7 Management Discussion and Analysis 管理層討論及分析 31 Directors and Senior Management Profile 董事及高級管理人員簡介 35 Corporate Governance Report 企業管治報告 56 Environmental, Social & Governance Report 環境、社會及管治報告 74 Report of the Directors 董事會報告書 87 In ...