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告之內容概不負責，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告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。 民銀資本控股有限公司 CMBC CAPITAL HOLDINGS LIMITED （於百慕達註冊成立之有限公司） （股份代號：1141） 截至二零二四年六月三十日止六個月之中期業績 民銀資本控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈本公司及其附屬公 司（統稱「本集團」）截至二零二四年六月三十日止六個月（「報告期間」）之簡明綜合業績， 連同截至二零二三年六月三十日止六個月（「上一期間」）之比較數字載列如下： – 1 – 簡明綜合損益及其他全面收益表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |---------------------------------------------------------------------|-------|------------------------------------------------- ...

Economic Environment - In 2023, the global economy faced challenges despite supportive factors, with high interest rates suppressing demand and leading to concerns about a potential recession[6]. - China's macro policies have shown steady progress, with a series of demand expansion policies implemented, enhancing the role of consumption in economic growth[6]. - Infrastructure investment remains a key driver for stabilizing economic growth in China, supported by proactive policy measures[6]. - The service sector has accelerated its recovery due to measures aimed at stabilizing growth and employment, while high-tech manufacturing has made significant advancements[6]. - The real estate market continues to experience a downward trend, with weak rebound momentum observed[6]. - Hong Kong's economy is showing signs of recovery, with significant rebounds in retail and dining sectors, and gradual improvement in tourism[6]. Market Performance - The Hang Seng Index fell by 2,734 points or 13.8% in 2023, closing at 17,047 points, with a trading range exceeding 6,700 points[7]. - The average daily trading volume in the Hong Kong securities market decreased by 15.9% to HKD 105 billion in 2023, down from HKD 124.9 billion in 2022[7]. - The number of new listings in the Hong Kong stock market dropped by 19% to 73 companies in 2023, with total fundraising decreasing by 56% to HKD 46.3 billion[9]. - Total fundraising from the primary and secondary stock markets in Hong Kong fell by 41% year-on-year to HKD 150.7 billion[9]. Financial Performance - The group's total revenue for the reporting year was approximately HKD 155.7 million, a decline of about 70% from HKD 519.9 million in the previous year[13]. - The net loss for the group increased by approximately 31.1% to HKD 572.3 million, compared to HKD 436.6 million in the previous year[13]. - The group's total assets decreased by approximately 58% from HKD 10.85 billion at the end of 2022 to HKD 4.56 billion at the end of 2023[13]. - The group's investment portfolio generated total income of approximately HKD 267.8 million, a decrease from HKD 538.8 million in the previous year[33]. - Interest income from debt securities investments was approximately HKD 93.8 million, down from HKD 233.9 million year-on-year[33]. Investment Activities - The group completed 113 bond underwriting projects during the reporting year, showing growth compared to the previous year[12]. - The bond underwriting business completed 113 offshore bond issuances for 88 issuers, with a total underwriting scale of approximately USD 28.6 billion, where financial institutions accounted for 59% of the total underwriting scale[23]. - Direct fixed income investment revenue decreased significantly to approximately HKD 137.3 million, with a loss of about HKD 320.6 million, compared to HKD 428.2 million in revenue and a loss of HKD 197.8 million in the previous year[28]. - Other investments and financing recorded a net loss of approximately HKD 170.9 million, increasing from a loss of HKD 132.8 million in the previous year, primarily due to decreased interest income and declining fair value of investment projects[30]. Risk Management - The group maintained a rigorous risk management strategy, ensuring that no single bond holding exceeds 5% of the total portfolio[34]. - The group has established practical guidelines for controlling overall credit and operational risks, monitoring loan recoverability, and recovering loans[43]. - The group conducts regular monitoring of borrowers' financial conditions, including their earnings, profitability, cash flow, and asset quality[43]. - The group has implemented a credit loss model to measure expected credit losses and impairment related to credit risk changes in loans[51]. - The risk management and internal control committee meets semi-annually to review risk management reports and assess the effectiveness of the risk management system[46]. Corporate Governance - The company has maintained compliance with all applicable provisions of the corporate governance code throughout the reporting year[189]. - The board consists of eight directors, including three executive directors, two non-executive directors, and three independent non-executive directors[194]. - The board held four meetings during the reporting year, adhering to the requirement of at least four meetings annually[198]. - The independent non-executive directors have confirmed that the related party transactions were conducted on fair and reasonable terms[163]. - The company emphasizes the importance of corporate governance and compliance with established codes[198]. Management and Strategy - The company aims to enhance its investment banking competitiveness by focusing on sectors such as TMT, new energy, and biotechnology, while also expanding its U.S. stock business opportunities[81]. - The company is focused on expanding its market presence and enhancing its financial advisory services, particularly in the health, technology, and public utility sectors[91]. - The management team consists of approximately 72 employees, a slight decrease from 75 in 2022[78]. - The company has a strong management team with extensive experience in investment banking, financial advisory, and corporate restructuring[91]. - The company aims to leverage its expertise in financial services to drive growth and enhance shareholder value[96].

Financial Performance - The group reported a loss attributable to shareholders of approximately HKD 572.3 million, an increase of about 31.1% compared to the previous year's loss of HKD 436.6 million[6]. - The basic and diluted loss per share for the reporting year was HKD 0.5104, compared to HKD 0.3796 in the previous year[12]. - The company reported a net loss of HKD 560,986 thousand for the year ended December 31, 2023, compared to a net loss of HKD 430,813 thousand in 2022[40]. - The company reported a loss attributable to equity holders of HKD 572,306,000 for 2023, compared to a loss of HKD 436,597,000 in 2022, indicating a worsening of approximately 31%[88]. - The total reported income for 2023 was HKD 493,894 thousand, down from HKD 801,981 thousand in 2022, representing a decrease of approximately 38.3%[39]. Assets and Liabilities - The group's total assets as of December 31, 2023, were approximately HKD 4.45 billion, a significant decrease from HKD 10.74 billion in 2022[30]. - The company's total assets as of December 31, 2023, amounted to HKD 4,559,550 thousand, compared to HKD 10,849,997 thousand as of December 31, 2022[41]. - Total liabilities decreased to HKD 3,306,848 thousand in 2023 from HKD 9,250,639 thousand in 2022, reflecting a reduction of approximately 64.3%[41]. - The net current assets as of December 31, 2023, were HKD 1,188,632,000, compared to HKD 1,565,201,000 in 2022, a decrease of approximately 24%[47]. - The total assets less current liabilities decreased to HKD 1,302,409,000 in 2023 from HKD 1,676,086,000 in 2022, a decline of about 22.3%[47]. Investment and Income - The group's self-managed investment assets totaled approximately HKD 3.5 billion, down from HKD 8.7 billion in 2022, with bond investments accounting for about HKD 2.7 billion[8]. - The investment portfolio generated total income of approximately HKD 267.8 million, a decrease from HKD 538.8 million in the previous year, primarily due to lower interest income from debt securities[120]. - The total income from other sources, including interest income from loans and financing, was HKD 267,778 thousand in 2023, down from HKD 538,839 thousand in 2022, indicating a decrease of approximately 50.4%[38]. - The group's revenue and net investment income decreased by approximately 70.0% to about HKD 155.7 million, down from HKD 519.9 million in the previous year, primarily due to a downturn in the Hong Kong capital market[141]. - The group recorded a net loss of approximately HKD 170.9 million in other investment and financing income, an increase from a loss of approximately HKD 132.8 million in the previous year, primarily due to decreased interest income and declining fair value of investments[160]. Financing and Costs - The group's financing costs amounted to HKD 260.2 million, slightly down from HKD 266.1 million in the previous year[12]. - The total administrative expenses and financing costs amounted to approximately HKD 403.3 million, a decrease from HKD 434.3 million in the previous year[193]. - The total employee costs decreased from HKD 95,046,000 in 2022 to HKD 62,822,000 in 2023, a reduction of approximately 34%[86]. - The group has implemented strict controls over its receivables and has established procedures to assess the credit quality of its clients[93]. - The group has taken multiple steps to recover loans, including initiating legal proceedings and filing for liquidation against borrowers who failed to repay[177]. Credit Risk and Provisions - The expected credit loss for the first stage as of January 1, 2023, was HKD 449,000, while the total expected credit loss for all stages was HKD 141,649,000, indicating a total increase in credit risk provisions[69]. - The expected credit loss provision for margin clients was assessed, with approximately 23% of the balance secured by sufficient collateral as of December 31, 2023, down from 39% in 2022[94]. - The expected credit loss provision was HKD 2,713,000 for both years, indicating stable credit risk management[97]. - The expected credit loss provision for receivable loans was approximately HKD 231,603,000, up from HKD 141,649,000 in the previous year, indicating a significant increase in anticipated credit losses[125]. - The impairment loss recognized for receivables from securities trading was HKD 39,033,000 in 2023, a decrease from HKD 59,599,000 in 2022[95]. Market and Strategic Focus - The company plans to focus on expanding its market presence and enhancing its service offerings in the upcoming fiscal year[36]. - The group actively seeks investment opportunities in high-growth sectors within the Greater China region, focusing on industries with strong competitive advantages[116]. - The group has a rigorous risk management strategy, ensuring that no single bond holding exceeds 5% of the total portfolio at the time of purchase, promoting diversification across different issuers[121]. - The group has maintained a flexible and high liquidity asset allocation strategy, focusing on short to medium-term financing for its loan business[122]. - The group has adopted a cautious development strategy for its securities brokerage and margin financing businesses, focusing on risk control[144]. Shareholder Actions - The company repurchased a total of 12,961,000 shares at prices ranging from HKD 0.27 to HKD 1.70, costing approximately HKD 9,245,000, with 3,498,000 shares canceled during the reporting period[1]. - The company did not declare or pay any dividends for the year ended December 31, 2023[65]. - The group’s total equity attributable to shareholders was approximately HKD 1,252.7 million, down from HKD 1,599.4 million in the previous year[194]. - The average number of ordinary shares for calculating basic and diluted loss per share was 1,121,224,000 in 2023, down from 1,150,093,000 in 2022[88]. - The group has reduced its stake in the Medical Fund from 66.6% to 0%, resulting in the termination of the fund and the redemption of all participating shares[136].

Financial Performance - The company recorded revenue of approximately HKD 265.2 million for the reporting period, representing a year-on-year decline of about 36.4%[132]. - The total income from financial investments, including interest income from debt securities, was HKD 55,811, down from HKD 156,617, a decrease of 64%[35]. - The total investment and financing classification income and net investment loss amounted to approximately -HKD 6.1 million, significantly improved from -HKD 97.7 million in the previous period[151]. - The company reported a total comprehensive loss of HKD 115,841 thousand for the period, compared to a loss of HKD 250,501 thousand in the previous period[49]. - The company reported a pre-tax loss of HKD 275,250 thousand, compared to a loss of HKD 126,544 thousand in the previous year, indicating a significant increase in losses[81]. Assets and Liabilities - As of June 30, 2023, the group's current assets were approximately HKD 7,566.2 million, down from HKD 10,739.1 million as of December 31, 2022[1]. - The group's total assets decreased to HKD 6,117,231 thousand from HKD 9,173,911 thousand as of December 31, 2022, representing a decline of approximately 33.5%[48]. - The company’s total liabilities decreased to HKD 4,636,644 thousand as of June 30, 2023, from HKD 5,574,553 thousand as of December 31, 2022, a decrease of approximately 16.8%[48]. - The group's liquid assets, excluding cash held on behalf of clients, totaled approximately HKD 5,641.7 million, a decrease from HKD 8,536.3 million as of December 31, 2022[1]. - Current liabilities, specifically accounts payable, decreased to HKD 228,571 thousand from HKD 261,375 thousand, a reduction of about 12.5%[48]. Employee and Operational Costs - The total employee cost for the reporting period was approximately HKD 30.6 million, a decrease from HKD 38.9 million in the previous period[7]. - The group had 75 employees as of June 30, 2023, down from 82 employees a year earlier[7]. Investment and Financing Activities - The group issued money market funds during the reporting period, enriching the variety of asset management products and filling gaps in cash management offerings[122]. - The group adapted to market changes by broadening the types of bond underwriting products offered, despite a slight decrease in the number and scale of bond underwriting compared to the previous period[119]. - The group continues to enhance risk control measures in financing operations to achieve an overall balance of risk and return amid a challenging market environment[156]. - The group’s expected credit loss provisions for certain high-yield bonds were increased due to a challenging external environment, including high inflation and rising interest rates[169]. - The group has maintained a steady development of its bond underwriting business despite external pressures, demonstrating resilience in adapting to market conditions[119]. Revenue Streams - The revenue from brokerage and related services increased to HKD 667, compared to HKD 141 in the previous year, representing a growth of 373%[35]. - The revenue from asset management fees, investment advisory services, and performance fees rose to HKD 73,518, up from HKD 63,533, marking a 23% increase[35]. - The asset management segment recorded revenue of approximately HKD 73.5 million, an increase from HKD 63.5 million in the previous period, driven by a rise in average management fees[157]. - The corporate finance and advisory segment reported revenue of approximately HKD 6.4 million, down from HKD 18.2 million in the previous period, resulting in a loss of approximately HKD 3.0 million[158]. Shareholder and Equity Information - The total equity as of June 30, 2023, was HKD 1,480,587 thousand, compared to HKD 1,599,358 thousand as of December 31, 2022, reflecting a decline of around 7.4%[49]. - The total equity attributable to shareholders was approximately HKD 1,480.6 million as of June 30, 2023, down from HKD 1,599.4 million as of December 31, 2022[180]. - The company’s accumulated losses increased to HKD 2,070,965 thousand as of June 30, 2023, compared to HKD 1,800,440 thousand previously, indicating a rise in financial strain[49]. Future Outlook and Strategy - The company plans to focus on market expansion and new product development to enhance future growth prospects[101]. - The company plans to enhance performance by optimizing its bond investment portfolio and expanding licensed business projects such as underwriting and sponsorship[125]. - The company aims to balance risk control with steady development by implementing a "three lines of defense" risk management policy and optimizing asset quality[126]. - The company expects continued volatility in the stock market in the second half of the year but remains committed to solid preparation and enhancing underwriting capabilities[137]. - The company is actively seeking investment opportunities in high-growth industries with strong competitive barriers, particularly in technology and healthcare sectors[148].

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告之內容概不負 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告全部或 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。 民銀資本控股有限公司 CMBC CAPITAL HOLDINGS LIMITED （於百慕達註冊成立之有限公司） :1141 （股份代號 ） 截至二零二三年六月三十日止六個月之 中期業績 民銀資本控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈本公司及其 附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「報告期間」）之簡 明綜合業績，連同截至二零二二年六月三十日止六個月（「上一期間」）之比較數字 載列如下： ...

年報 2022 目錄 | 簡稱 | 2 | | --- | --- | | 公司資料 | 4 | | 主席報告書 | 5 | | 管理層討論及分析 | 9 | | 董事及高級管理層 | 30 | | 董事會報告 | 35 | | 企業管治報告 | 55 | | 環境、社會及管治報告 | 71 | | 獨立核數師報告 | 96 | | 綜合損益及其他全面收益表 | 104 | | 綜合財務狀況表 | 106 | | 綜合權益變動表 | 109 | | 綜合現金流量表 | 111 | | 綜合財務報表附註 | 113 | | 財務概要 | 216 | 頁次 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： | 「審核委員會」 | 指 | 董事會之審核委員會 | | --- | --- | --- | | 「董事會」 | 指 | 本公司之董事會 | | 「公司細則」 | 指 | 本公司之公司細則 | | 「中國民生銀行」 | 指 | 中國民生銀行股份有限公司，於中國註冊成立之股份有限公司，其 | | | | H股於聯交所（股份代號：1988）及A股於上海證券交易所上市（股份 | | | | 代號：6000 ...

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告之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示不會就本公告全部或任 何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 民銀資本控股有限公司 CMBC CAPITAL HOLDINGS LIMITED （於百慕達註冊成立之有限公司） 1141 （股份代號： ） 截至二零二二年十二月三十一日止年度之 全年業績 民銀資本控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈本公司及其 附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度（「報告年度」）之 綜合業績，連同截至二零二一年十二月三十一日止年度（「上一年度」）之比較數字 載列如下： ...

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告的內容概不負責,對其 準確性或完整性亦不發表任何聲明,並明確表示,概不對因本公告全部或任何部分內容 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。 民銀資本控股有限公司 CMBC CAPITAL HOLDINGS LIMITED (於百慕達註冊成立之有限公司) (股份代號：1141) 有關二零二一年報之 補充公告 茲提迹本公司於二零二二年四月二十九日刊發的截至二零二一年十二月三十一日止年度 的年報(「年報」),內容有關(其中包括)本集團的綜合業績。除文義另有所指外,本公告 所用詞彙應與年報所界定者具有相同含義。 董事會謹此就本集團融資業務向股東提供以下澄清及額外資料。 (a) 融資業務 本集團以香港法例第163章《放債人條例》所定義之 ｢受豁免的人｣身份從事融資及放 債業務,其根據《放債人條例》毋須持有牌照。由於中國民生銀行為持有香港法例第 155章《銀行業條例》項下的有效銀行牌照的銀行(即法定機構),本集團依賴上述豁 免從事相關業務。 - 1 - (b) 本集團融資業務的資金 本集團使用從民銀國際獲取的3年期無抵押貸款來從事融資業務。利率乃根據市 ...

CMBC CAPITAL HOLDINGS LIMITED (於百慕建柱研成立之有限公司) (股份代號：1141) 中 期 報 告 2022 目錄 | --- | --- | |------------------------------|-------| | | | | | 頁碼 | | 簡稱 | 2 | | 公司資料 | 3 | | 管理層討論及分析 | 4 | | 其他資料 | 17 | | 簡明綜合財務報表審閱報告 | 22 | | 簡明綜合損益及其他全面收益表 | 24 | | 簡明綜合財務狀況表 | 26 | | 簡明綜合權益變動表 | 28 | | 簡明綜合現金流量表 | 29 | | 簡明綜合財務報表附註 | 30 | 中期報告 2022 | 民銀資本控股有限公司 簡稱 於本中期報告內，除另有所指外，下列簡稱具有以下涵義： | --- | --- | --- | |--------------------|-------|--------------------------------------------------------------------------------------- ...

CMBC CAPITAL HOLDINGS LIMITED 於百慕蓬註冊成立之有限公司 股份代號：1141 年報 2021 目錄 | --- | --- | |--------------------------|-------| | | | | | 頁次 | | | | | 簡稱 | 2 | | 公司資料 | 4 | | 主席報告書 | 5 | | 管理層討論及分析 | 9 | | 董事及高級管理層 | 24 | | 董事會報告 | 29 | | 企業管治報告 | 47 | | 環境、社會及管治報告 | 62 | | 獨立核數師報告 | 87 | | 綜合損益及其他全面收益表 | 95 | | 綜合財務狀況表 | 97 | | 綜合權益變動表 | 100 | | 綜合現金流量表 | 102 | | 綜合財務報表附註 | 104 | | 財務概要 | 207 | 簡稱 | --- | --- | --- | |------------------------------------------------------|-------|-------------------------------------- ...