松景科技控股有限公司* (Incorporated in Bermuda with limited liability) Stock Code 股份代號 : 1079 ANNUAL REPORT 年度報告 2022 * For identification purpose only 僅供識別 | 財務摘要 | 2 | | --- | --- | | 公司資料 | 3 | | 主席報告 | 4 | | 管理層之討論及分析 | 5–12 | | 董事履歷 | 13–15 | | 企業管治報告 | 16–26 | | 董事會報告 | 27–40 | | 獨立核數師報告 | 41–43 | | 綜合損益及其他全面收益表 | 44 | | 綜合財務狀況表 | 45–46 | | 綜合權益變動表 | 47 | | 綜合現金流量表 | 48–49 | | 綜合財務報表附註 | 50–99 | | 五年財務概要 | 100 | 2 松景科技控股有限公司 財務摘要 主要財務數據及比率 | | | 經審核業績 | | | --- | --- | --- | --- | | | | 截至六月三十日止年度 | | | | 二零二二年 ...

INTERIM REPORT 2022 中期報告 * For identification purpose only 僅供識別 松景科技控股有限公司 * (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 : 1079 目錄 審核委員會 蘇漢章先生 （主席） 周春生先生 田宏先生 薪酬委員會 蘇漢章先生 （主席） 張三貨先生 周春生先生 田宏先生 提名委員會 張三貨先生 （主席） 蘇漢章先生 周春生先生 田宏先生 註冊辦事處 Clarendon House 2 Church Street Hamilton HM 11 Bermuda | | 頁次 | | --- | --- | | 公司資料 | 2 | | 管理層之討論及分析 | 3-7 | | 其他資料 | 8-19 | | 簡明綜合損益及其他全面收益表 | 20-21 | | 簡明綜合財務狀況表 | 22-23 | | 簡明綜合權益變動表 | 24 | | 簡明綜合現金流量表 | 25 | | 簡明綜合中期財務報表附註 | 26-34 | 公司資 ...

松景科技控股有限公司 * 財務摘要 (Incorporated in Bermuda with limited liability) Stock Code 股份代號 : 1079 ANNUAL REPORT 年度報告 2021 * For identification purpose only 僅供識別 | 財務摘要 | 2 | | --- | --- | | 公司資料 | 3 | | 主席報告 | 4 | | 管理層之討論及分析 | 5–8 | | 董事履歷 | 9–13 | | 企業管治報告 | 14–23 | | 董事會報告 | 24–36 | | 獨立核數師報告 | 37–39 | | 綜合損益及其他全面收益表 | 40 | | 綜合財務狀況表 | 41–42 | | 綜合權益變動表 | 43 | | 綜合現金流量表 | 44–45 | | 綜合財務報表附註 | 46–103 | | 五年財務概要 | 104 | 財務摘要 收益 單位千美元 $230,914 $282,235 $167,070 $109,386 $169,576 $155,488 $12,219 2017 2018 2019 2021 ...

公司資料 (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 : 1079 (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 : 1079 董事會 松景科技控股有限公司 松景科技控股有限公司 INTERIM 中期報告 INTERIM 中期報告 REPORT 2021 REPORT 2021 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 管理層之討論及分析 | 3-8 | | 其他資料 | 9-17 | | 簡明綜合損益及其他全面收益表 | 18-19 | | 簡明綜合財務狀況表 | 20-21 | | 簡明綜合權益變動表 | 22 | | 簡明綜合現金流量表 | 23 | | 簡明綜合中期財務報表附註 | 24-32 | 執行董事 張三貨先生 （主席兼行政總裁） 趙亨泰先生（於二零二零年十二月二日辭任） 陳卓豪先生 獨立非執行董事 蘇漢章先生 周春生先生 ...

財務摘要 松景科技控股有限公司 (Incorporated in Bermuda with limited liability) Stock Code 股份代號 : 1079 ANNUAL REPORT 年度報告 2020 | 財務摘要 | | | | | | | | | | 2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 公司資料 | | | | | | | | | | 3 | | 主席報告 | | | | | | | | | | 4 | | 管理層之討論及分析 | | | | | | | | | | 5-9 | | 董事履歷 | | | | | | | | | 10-12 | | | 企業管治報告 | | | | | | | | | 13-22 | | | 董事會報告 | | | | | | | | | 23-33 | | | 獨立核數師報告 | | | | | | | | | 34-36 | | | 綜合損益及其他全面收益表 | | | | | | | | | | 37 | | 綜合財務狀況表 | | | ...

Financial Performance - Revenue for the six months ended December 31, 2019, was $77,389,000, representing a 23.2% increase from $62,790,000 in the same period of 2018[7]. - Gross loss for the period was $5,275,000, compared to a gross loss of $4,694,000 in the previous year, indicating a decline in gross margin[7]. - The company reported a loss before tax of $14,215,000, slightly improved from a loss of $15,721,000 in the prior year[7]. - Total comprehensive loss for the period was $14,547,000, compared to $16,007,000 in the same period of 2018, showing a reduction in overall losses[9]. - Basic and diluted loss per share was $0.92, an improvement from $1.06 in the previous year[9]. - The company reported segment losses of $12,231,000 for the six months ended December 31, 2019, compared to segment losses of $13,535,000 in the same period of 2018[23][25]. - The net loss for the period was approximately $14.41 million, with gross loss around $5.28 million, compared to a gross loss of approximately $4.69 million in the previous year[38]. Assets and Liabilities - Non-current assets decreased to $22,939,000 from $23,118,000 as of June 30, 2019[11]. - Current assets decreased to $65,153,000 from $69,787,000, primarily due to a reduction in inventory[11]. - Current liabilities increased to $47,993,000 from $38,602,000, indicating a rise in trade payables[11]. - Total equity decreased to $38,026,000 from $52,133,000, reflecting a significant decline in reserves[12]. - Trade receivables at the end of the reporting period amounted to $31.03 million, significantly up from $18.48 million at the end of the previous period[32]. - The group's current assets net value as of December 31, 2019, was approximately $17,160,000, down from $31,185,000 on June 30, 2019[49]. - The group reported a current ratio of approximately 1.4 as of December 31, 2019, compared to 1.8 on June 30, 2019[49]. Cash Flow - The company reported a net cash outflow from operating activities of $3,576,000 for the six months ended December 31, 2019, compared to a net outflow of $893,000 for the same period in 2018[16]. - The company’s cash and cash equivalents decreased by $1,375,000 during the six months ended December 31, 2019, compared to a decrease of $3,074,000 in the same period of 2018[16]. - The company’s total cash and cash equivalents as of December 31, 2019, were $5,423,000, down from $5,584,000 as of December 31, 2018[16]. - The company’s financing activities generated a net cash inflow of $2,278,000 for the six months ended December 31, 2019, compared to a net cash outflow of $2,151,000 in the same period of 2018[16]. Revenue by Division - The brand products division generated revenue of approximately $42,408,000, an increase of about 58% from $26,867,000 in the same period last year[55]. - The lending services division's revenue increased by approximately 15% to $553,000 from $482,000 in the previous year[59]. - The computer hardware and software development division's revenue decreased by approximately 16% to $1,770,000 from $2,103,000 in the same period last year[63]. - The trade business division's revenue increased by approximately 50% to $6,345,000 from $4,235,000 in the previous year[62]. Shareholder Information - As of December 31, 2019, the major shareholder, Mingzhi Global Holdings Limited, holds 714,163,680 shares, representing approximately 53.83% of the issued share capital[70]. - The company’s executive director, Zhang Sanhuo, has a beneficial ownership of 16,860,000 shares, accounting for about 1.27% of the issued share capital[74]. - The company’s executive director, Chen Zhuohau, holds 19,260,000 shares, which is approximately 1.45% of the issued share capital[74]. - PINE Technology (BVI) Limited, under the beneficial ownership of Simply Perfect Group Limited, holds 1,650 shares, representing 15% of the issued share capital[71]. - All shares held by Mingzhi Global Holdings Limited were pledged as collateral for financing as of December 31, 2019[78]. Stock Options and Corporate Governance - The company has stock options allowing Zhang Sanhuo to purchase 6,000,000 shares at HKD 0.83 and 10,860,000 shares at HKD 0.46[76]. - Chen Zhuohau has stock options to purchase 6,000,000 shares at HKD 0.83 and 13,260,000 shares at HKD 0.46[76]. - The company has granted a total of 80,140,000 stock options at an exercise price of HKD 0.46 per share under the 2018 stock option plan[80]. - The stock option plan is set to expire on November 21, 2023, unless canceled or amended[79]. - The company has complied with all provisions of the corporate governance code, except for specific clauses regarding the separation of roles between the chairman and the CEO[87]. - The board believes that the current structure of having the same individual serve as both chairman and CEO is beneficial for effective strategy implementation[87]. Operational Focus and Future Plans - The company is focusing on new product development and market expansion strategies to improve future performance[6]. - The company plans to focus on reducing operational costs and inventory levels while maintaining flexibility in response to the ongoing COVID-19 pandemic[44]. - The performance of the trading business in joint ventures in China has declined due to increased operating costs and market competition, but the overall impact on the company's financial position is considered minimal[41]. - The company will continue to review the composition of its loan portfolio and the interest rates charged to maximize revenue and mitigate credit risk[40]. - The lending business is expected to remain a stable source of income, with management adopting a cautious approach to maintain healthy cash flow[46].

股份代號 1079 松景科技控股有限公司 年度報告 2019 松景科技控股有限公司 (Incorporated in Bermuda with limited liability) Stock Code 1079 ANNUAL REPORT 2019 | 財務摘要 | 2 | | --- | --- | | 公司資料 | 3 | | 主席報告 | 4-5 | | 管理層之討論及分析 | 6-10 | | 管理層簡介 | 11-13 | | 企業管治報告 | 14-23 | | 董事會報告 | 24-35 | | 獨立核數師報告 | 36-40 | | 綜合損益及其他全面收益表 | 41 | | 綜合財務狀況表 | 42-43 | | 綜合權益變動表 | 44 | | 綜合現金流量表 | 45-46 | | 綜合財務報表附註 | 47-111 | | 五年財務概要 | 112 | 財務摘要 單位千美元 $169,576 $155,488 $167,070 $230,914 $282,235 2015 2016 2017 2019 2018 本公司擁有人應佔虧損 單位千美元 2015 2016 2017 2018 ...

Revenue and Financial Performance - Revenue for the six months ended December 31, 2018, was $62.79 million, a decrease of 59.3% compared to $154.33 million for the same period in 2017[6] - Gross loss for the period was $4.69 million, compared to a gross profit of $7.48 million in the previous year, indicating a significant decline[6] - The net loss for the period was $15.53 million, compared to a net loss of $1.42 million in the same period last year, representing an increase in losses[6] - Basic loss per share was $1.06, compared to $0.14 in the previous year, reflecting a worsening financial position[8] - The group reported a significant increase in revenue from brand products compared to the previous year, with a total of $116.61 million in 2017[40] - The group reported a loss attributable to shareholders of $13,736,000 for the six months ended December 31, 2018, compared to a loss of $1,449,000 for the same period in 2017[45] - The group experienced a pre-tax loss of $15.72 million for the same period, which included impairment losses of $0.82 million on amounts receivable from joint ventures and $0.09 million on development costs[41] - The company reported a net loss of $15.53 million due to high material costs and rapidly changing sales prices, leading to unprecedented declines in sales volume[65] Assets and Liabilities - Total assets decreased to $106.28 million from $131.01 million, indicating a reduction in the company's asset base[10] - Current liabilities decreased to $57.55 million from $69.62 million, showing improved management of short-term obligations[10] - The company's equity attributable to owners increased to $70.56 million from $61.58 million, indicating a strengthening of the equity position despite losses[11] - Trade receivables amounted to $23,999,000 as of December 31, 2018, significantly increasing from $11,562,000 as of June 30, 2018[50] - The company has a total of $32,870,000 in trade payables as of December 31, 2018, down from $45,868,000 as of June 30, 2018[52] Cash Flow and Financing Activities - Net cash used in operating activities for the six months ended December 31, 2018, was $(893,000), an improvement from $(2,035,000) in the same period of 2017[14] - Net cash used in investing activities was $(30,000), a significant decline from $455,000 in the previous year[14] - Net cash used in financing activities amounted to $(2,151,000), down from $15,194,000 in the prior year, indicating a reduction in financing needs[14] - Cash and cash equivalents decreased by $3,074,000, compared to an increase of $13,614,000 in the same period last year[14] - Cash and cash equivalents as of December 31, 2018, stood at $5,584,000, a decrease from $20,929,000 at the end of the previous year[14] Acquisitions and Investments - The acquisition of Changyu Limited was completed on July 23, 2018, for a total consideration of HKD 220,800,000, paid through the issuance of 220,800,000 new ordinary shares[53] - The acquisition of Guangzhou Taifu Xintong Technology Co., Ltd. was completed in July 2018, expanding the company's business into e-government and e-commerce solutions in China[66] - The company provided a profit guarantee for Changyu Limited, with minimum audited profit thresholds of HKD 14,500,000, HKD 15,500,000, and HKD 16,500,000 for the first, second, and third years post-acquisition, respectively[48] - The goodwill generated from the acquisition was estimated at $7.16 million, reflecting the premium paid for control and future growth expectations[58] Segment Performance - The group identified five operating segments: manufacturing and sales of branded graphics cards and other computer components, distribution of other manufacturers' computer components and consumer electronics, lending services, trading business, and software and system development[37] - The group’s unaudited segment performance showed a loss of $13.54 million across all segments, indicating challenges in operational efficiency[38] - Revenue from the brand products segment for the six months ended December 31, 2018, was approximately $26,867,000, a decrease of about 77% compared to approximately $116,611,000 in the same period last year[78] - Revenue from the other brand products segment was approximately $29,103,000, down from approximately $37,718,000 in the same period last year, with a profit of approximately $163,000 compared to a loss of approximately $416,000 in the previous year[79] Corporate Governance and Shareholder Information - The company has adopted the principles of the Corporate Governance Code as set out in Appendix 14 of the Listing Rules, with some exceptions noted[109] - The company’s chairman and CEO, Mr. Zhang, holds both positions, which is a deviation from the Corporate Governance Code[109] - Major shareholder Mingzhi Global Holdings Limited owns 714,163,680 shares, representing 53.83% of the issued share capital[97] - The company has granted 80,140,000 share options at an exercise price of HKD 0.46 per share[101] - The company has a total of 714,163,680 shares pledged as collateral for financing[99] Future Outlook and Strategic Plans - The company plans to allocate more resources to the computer hardware and software development segment, anticipating continued growth in demand from the Chinese government and private sectors[69] - The company expects the cryptocurrency market to remain volatile and low in 2019, impacting the graphics card market negatively[69] - The company will continue to adopt a prudent approach in managing its lending business to minimize bad debt risks[69] - The company is investing in R&D with a budget of CC million to develop innovative technologies and enhance product offerings[118] - Market expansion efforts include entering the DD region, which is expected to contribute an additional EE million in revenue[118]