SIS MOBILE HOLDINGS LIMITED 新龍移動集團有限公司* (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：1362） NOTIFICATION LETTER 通知信函 Dear Non-registered Holders(Note 1) , SIS MOBILE HOLDINGS LIMITED (the "Company") - Notification of publication of Annual Report 2024, Circular dated 25 April 2025 containing Notice of Annual General Meeting (the "Current Corporate Communication") on website The English and Chinese versions of the Company's Current Corporate Communication are av ...

茲通告新龍移動集團有限公司（「本公司」）謹訂於二零二五年六月十二日（星期 四）下午 2 時 30 分假座香港中環雪廠街 16 號 27 樓 Club Lusitano 舉行股東週年大 會，以考慮及酌情通過以下決議案： 作為特別事項，考慮及酌情通過下列決議案為普通決議案： 普通決議案 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，對其準確性或完備 性亦無 發表聲明，且明確表示不會就本公告全部或任何部份內容或因倚賴該等內容而引致之任何損失 承擔任何責任。 SiS MOBILE HOLDINGS LIMITED 新 龍移 動集 團 有限 公司 * （於開曼群島註冊成立之有限公司） （股份代號：1362） 股東週年大會通告 5. 「動議： (a) 受下文(c)段所限，無條件授權董事於有關期間（定義見下文）內行使 本公司一切權力，以配發、發行及處理本公司之額外股份（(包括出 售或轉讓任何庫存股份（具有上市規則賦予之涵義）（如有）)，及作 出或授予或須行使該等權力之售股建議、協議或購股權； (b) 上文(a)段之批准乃附加於董事已獲得之任何其他授權，並將授權董事 於有關期間內作出或授予或須在有關 ...

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 通 函 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 通 函 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。 此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 的 任 何 方 面 或 將 予 採 取 的 行 動 有 任 何 疑 問，應 諮 詢 閣 下 的 股 票經紀或其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣 下 如 已 出 售 或 轉 讓 名 下 所 有 新 龍 移 動 集 團 有 限 公 司 的 股 份，應 立 即 將 本 通 函 連 同 隨 附 的 代 表 委 任 表 格 送 交 買 主 或 承 讓 人，或 經 手 買 賣 或 轉 讓 的 銀 行、股 票 經 紀 或 其 他 代 理 商，以 便 轉 交 買 主 或 承 讓 人。 SiS Mobile Holdings Limited 新龍移動 ...

Financial Performance - The company's revenue decreased by 11% to HKD 1.7 billion due to industry challenges and changing consumer demand [15]. - Despite the revenue decline, net profit increased by 9% to HKD 9,817,000, highlighting the strength of the company's business model and cost control measures [15]. - Revenue from the sale of goods for the year ended December 31, 2024, was approximately HKD 1,717,242,000, a decrease from HKD 1,935,876,000 in 2023, representing a decline of about 11.3% [186]. - Gross profit for the year was HKD 54,028,000, compared to HKD 47,861,000 in the previous year, indicating an increase of approximately 12.8% [186]. - The pre-tax profit for the year was HKD 11,473,000, slightly up from HKD 11,007,000 in 2023, reflecting an increase of about 4.2% [186]. - Net profit for the year was HKD 9,817,000, compared to HKD 9,010,000 in 2023, marking an increase of approximately 9.0% [186]. - Basic earnings per share for the year were HKD 3.51, up from HKD 3.22 in the previous year, representing an increase of about 9.0% [186]. - The company reported other income of HKD 2,855,000, significantly higher than HKD 871,000 in 2023, indicating an increase of approximately 228.5% [186]. - Total sales and distribution expenses increased to HKD 19,433,000 from HKD 14,906,000, reflecting an increase of about 30.3% [186]. - Administrative expenses rose to HKD 25,103,000 from HKD 21,766,000, representing an increase of approximately 15.5% [186]. - Financial costs increased to HKD 484,000 from HKD 194,000, indicating a rise of about 149.5% [186]. Assets and Liabilities - The total assets of the company as of December 31, 2024, amounted to HKD 204,655,000, with total equity of HKD 170,980,000 and total liabilities of HKD 33,675,000 [17]. - Total assets decreased from HKD 212,393,000 in 2023 to HKD 179,255,000 in 2024, a decline of approximately 15.6% [188]. - Current liabilities decreased significantly from HKD 64,555,000 in 2023 to HKD 27,616,000 in 2024, a reduction of about 57.2% [188]. - The total equity attributable to the owners increased from HKD 163,316,000 in 2023 to HKD 170,980,000 in 2024, reflecting an increase of approximately 4.1% [189]. - The company’s total liabilities decreased from HKD 64,555,000 in 2023 to HKD 27,616,000 in 2024, a decline of about 57.2% [188]. Cash Flow and Investments - Cash and cash equivalents stood at HKD 81,042,000, down from HKD 110,498,000 a year earlier [18]. - The company’s operating cash flow showed a significant decrease, with cash used in operations amounting to HKD 24,793,000 in 2024 compared to cash generated of HKD 32,139,000 in 2023 [191]. - The fair value gain on equity investments increased from HKD 1,343,000 in 2023 to HKD 2,047,000 in 2024, representing a growth of about 52.5% [189]. - The company invested HKD 167,000 in property, plant, and equipment during the year, compared to HKD 138,000 in the previous year [128]. Employee and Compensation - As of December 31, 2024, the number of employees decreased to 57 from 65 in the previous year, with total employee compensation amounting to HKD 22,361,000, up from HKD 18,817,000 [22]. - The company experienced a 12% reduction in total employees during the reporting period, decreasing from 65 to 57 employees [56]. - Total training hours provided to employees increased to 197 hours in the reporting period, up from 107 hours in 2023, representing an increase of 84% [63]. - The percentage of employees receiving training reached 105% during the reporting period, compared to 43% in 2023 [63]. - Average training hours per trained employee rose to 3.5 hours, up from 1.6 hours in 2023, indicating a significant increase in training engagement [63]. Corporate Governance - The board of directors consists of nine members, including three executive directors, three non-executive directors, and three independent non-executive directors [82]. - The company emphasizes the importance of a diverse board, with two out of nine members being female as of the end of 2024 [87]. - The company is committed to maintaining high corporate governance standards to protect shareholder interests and enhance corporate value [79]. - The audit committee is responsible for reviewing the company's financial controls, risk management, and internal control systems [92]. - The company has established a clear process for the nomination and appointment of directors, ensuring transparency and compliance with regulations [86]. - The company has established multiple communication channels with investors and shareholders, including annual general meetings and special meetings to facilitate direct communication with the board [109]. Environmental, Social, and Governance (ESG) Initiatives - The ESG report covers the group's environmental and social performance for the fiscal year 2024, with no changes in the reporting scope compared to the previous year [26]. - The group adheres to the ESG reporting guidelines and has established a governance framework to manage sustainability effectively [33]. - The company reported a total greenhouse gas emissions of 58.3 tons for the fiscal year 2024, an increase from 54.4 tons in fiscal year 2023, with a carbon density of 1.02 tons per employee compared to 0.84 tons per employee in the previous year [43]. - Energy consumption increased by 7% to 118,527 kWh in fiscal year 2024, with an energy density of 2,079 kWh per employee, up from 110,742 kWh in fiscal year 2023 [44]. - The company has committed to reducing greenhouse gas emissions by replacing conventional vehicles with electric vehicles, achieving a reduction in indirect energy emissions to 46.2 tons in fiscal year 2024 from 43.2 tons in fiscal year 2023 [42]. - The company aims to enhance its ESG policies and reporting to improve its ESG performance in the future, focusing on social operations and employment aspects [40]. Risk Management - The company has identified key climate-related risks and their potential financial impacts on its distribution business [51]. - The company is diversifying its supply chain to mitigate acute risks from extreme weather events, including typhoons and flooding in Hong Kong [52]. - The company has established an internal audit function to continuously review risk management and internal control systems [104]. Shareholder Information - The company proposed a final dividend of HKD 0.015 per share, totaling HKD 4,200,000, to be paid to shareholders on record as of July 4, 2025 [125]. - The company declared dividends of HKD 4,200,000 in 2024, down from HKD 5,600,000 in 2023, a decrease of approximately 25% [189]. - The company’s ability to declare dividends will depend on various factors, including operating performance, capital requirements, and overall financial condition [132].

EF001 免責聲明 | 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 公告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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 新龍移動集團有限公司 | | 股份代號 | 01362 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二四年十二月三十一日止末期股息 | | 公告日期 | 2025年3月20日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 | 每 股 0.015 HKD | | 股東批准日期 | 2025年6月12日 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.015 HKD | | 匯率 | 1 HKD : 1 H ...

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 1,717,242,000, a decrease of 11.3% from HKD 1,935,876,000 in 2023[3] - Gross profit increased to HKD 54,028,000, up 12.8% from HKD 47,861,000 in the previous year[3] - Profit before tax for the year was HKD 11,473,000, representing a slight increase of 4.2% compared to HKD 11,007,000 in 2023[3] - Net profit for the year was HKD 9,817,000, up 8.9% from HKD 9,010,000 in 2023[3] - Basic earnings per share increased to HKD 3.51, compared to HKD 3.22 in the previous year, reflecting a growth of 9.0%[4] - Revenue decreased by 11% due to industry challenges and changing consumer demand, while gross margin improved[25] - Net profit attributable to equity holders increased by 9%, reaching HKD 9,817,000 compared to HKD 9,010,000 in the previous year[16] Assets and Liabilities - Total assets decreased to HKD 179,255,000 from HKD 212,393,000, a decline of 15.6%[4] - Current liabilities decreased significantly to HKD 27,616,000 from HKD 64,555,000, a reduction of 57.2%[4] - Non-current liabilities increased to HKD 6,059,000 from HKD 4,191,000, an increase of 44.7%[4] - Total assets amounted to HKD 204,655,000, with total equity at HKD 170,980,000 and total liabilities at HKD 33,675,000[28] Cash and Cash Equivalents - Cash and cash equivalents decreased to HKD 81,042,000 from HKD 110,498,000, a decline of 26.7%[4] - Cash and cash equivalents were HKD 81,042,000, down from HKD 110,498,000 in the previous year[28] Dividends and Shareholder Returns - The company plans to distribute a final dividend of HKD 1.5 cents per share, totaling HKD 4,200,000, pending shareholder approval[22] Employee and Compensation - As of December 31, 2024, the number of employees decreased to 57 from 65 in the previous year, with total employee compensation and benefits amounting to HKD 22,361,000, up from HKD 18,817,000 in 2023[31] Governance and Compliance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange listing rules and has complied with its provisions[35] - The audit committee, composed entirely of independent non-executive directors, reviewed the consolidated financial statements for the year ending December 31, 2024, with the auditors agreeing to the financial data presented[37] Business Strategy and Outlook - The company is actively seeking business expansion and diversification opportunities, including strategic acquisitions[26] - The company expresses optimism for future growth despite uncertainties, focusing on resilience, strategic priorities, and innovation[41] Environmental and Social Responsibility - The company emphasizes its commitment to high environmental and social standards, ensuring sustainable business practices and compliance with relevant laws and regulations[34] Risk Management - The company has no currency hedging policy but monitors currency fluctuation risks, particularly concerning USD and HKD, which are linked[32] Other Information - The company has no outstanding borrowings as of December 31, 2024[28] - The company has no significant contingent liabilities or guarantees as of December 31, 2024, consistent with the previous year[33] - The company maintains a sufficient public float throughout the year ending December 31, 2024[39] - The company has not engaged in the purchase, sale, or redemption of its listed securities as of year-end[38] - The annual report for 2024 will be distributed to shareholders in April 2025 and will also be available on the company's website[40]

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，對其準確性及完整性亦不發 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。 SiS Mobile Holdings Limited 新 龍 移 動 集 團 有 限 公 司 * 新龍移動集團有限公司（「本公司」）董事會（「董事會」）宣佈，董事會會議將於二 零二五年三月二十日（星期四）舉行，以（其中包括）考慮及審批本公司及其附屬公司 截至二零二四年十二月三十一日止之末期業績，並考慮派發末期股息（如有）。 承董事會命 新龍移動集團有限公司 公司秘書 黃依婷 香港，二零二五年三月十日 於本公告刊發日期，本公司董事為執行董事林家名先生、方保僑先生及黃依婷女士；非執行董事 林惠海先生、林郁磊先生及林易先生；及獨立非執行董事朱頌儀女士、鄭德忠先生及馬紹燊先 生。 * 僅供識別 1 ( 於開曼群島註冊成立之有限公司 ) (股份代號: 1362) 董事會會議日期 ...

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of HKD 470,383,000, a decrease of 30.4% compared to HKD 675,542,000 for the same period in 2023[1] - Gross profit for the same period was HKD 25,809,000, up from HKD 22,880,000, reflecting an increase of 12.8%[1] - The company recorded a profit before tax of HKD 5,449,000, down from HKD 6,282,000, representing a decline of 13.3%[1] - Net profit for the period was HKD 4,140,000, compared to HKD 4,726,000 in the previous year, a decrease of 12.4%[1] - Basic and diluted earnings per share for the six months ended June 30, 2024, were both HKD 1.47, down from HKD 1.69 in the same period of 2023, a decline of 13.0%[2] - Revenue decreased by 30% to HKD 470,383,000 due to a weak trading environment for mass-produced products and continued low consumer spending in the local market[19] - Net profit fell by 12% to HKD 4,140,000, impacted by rising labor costs and increased marketing expenses[19] Assets and Liabilities - Total assets as of June 30, 2024, were HKD 205,479,000, slightly down from HKD 212,393,000 as of December 31, 2023[2] - Current liabilities decreased to HKD 57,371,000 from HKD 64,555,000, a reduction of 11.3%[2] - Total liabilities amounted to HKD 60,421,000, with a current ratio of approximately 3.6 as of June 30, 2024[22] - The company held cash and bank deposits of HKD 88,285,000, down from HKD 110,498,000 as of December 31, 2023[22] - The company's net asset value increased to HKD 164,322,000 from HKD 163,316,000, reflecting a growth of 0.6%[2] Accounting and Compliance - The company has applied new accounting standards, which did not have a significant impact on the financial position or performance for the current and prior periods[5] - The audit committee consists of all independent non-executive directors and has reviewed the company's condensed consolidated financial statements for the six months ending June 30, 2024[30] - There were no purchases, sales, or redemptions of the company's listed securities by the company or any subsidiaries during the period ending June 30, 2024[31] - The interim report for the six months ending June 30, 2024, will be sent to shareholders by September 30, 2024, and published on the company's and the stock exchange's websites[32] Employee and Operational Insights - Employee count increased to 51, with total salaries and benefits amounting to HKD 10,886,000, up from HKD 7,537,000 in the previous year[24] - The company has no outstanding bank borrowings and maintains a strong liquidity position[22] - The company is diversifying its product range to better respond to market conditions and emerging opportunities[21] Acknowledgments and Future Outlook - The company expresses gratitude to employees, customers, suppliers, and strategic partners for their unwavering support during challenging times[33] - The company acknowledges the steadfast confidence of shareholders, which inspires the pursuit of excellence and continuous improvement[33] - The company pays tribute to the late former chairman, Lin Jiafeng, for his valuable contributions to the group[33]

Financial Performance - The company's revenue increased by 5% to HKD 1,935,876,000 for the fiscal year ending December 31, 2023, compared to HKD 1,837,386,000 in the previous year[5]. - Net profit decreased significantly from HKD 21,452,000 to HKD 9,010,000 due to high operating costs and weak economic recovery in Hong Kong[5][16]. - Gross profit decreased to HKD 47,861,000, down 16.83% from HKD 57,514,000 in the previous year[196]. - Profit before tax was HKD 11,007,000, a decline of 54.91% compared to HKD 24,408,000 in 2022[196]. - Basic and diluted earnings per share decreased to HKD 3.22, down 57.93% from HKD 7.66 in 2022[196]. - The net profit for the year was HKD 9,010,000, contributing to a total comprehensive income of HKD 10,353,000, compared to HKD 21,188,000 in the previous year, indicating a decrease of about 51.2%[200]. - The company recognized a fair value gain of HKD 1,343,000 on equity investments during the year, contrasting with a fair value loss of HKD 264,000 in the previous year[200]. - The company declared dividends amounting to HKD 5,600,000 during the year, impacting retained earnings[200]. Assets and Liabilities - The total assets of the company as of December 31, 2023, amounted to HKD 232,062,000, with total equity of HKD 163,316,000 and total liabilities of HKD 68,746,000[17]. - The current ratio as of December 31, 2023, was approximately 3.3, down from 4.0 in the previous year[17]. - Cash and cash equivalents increased to HKD 110,498,000 from HKD 86,122,000 year-on-year[17]. - Current liabilities increased to HKD 64,555,000 from HKD 47,412,000 in the previous year[199]. - The company's equity attributable to owners increased to HKD 163,316,000 from HKD 158,563,000 in 2022[199]. - The company’s retained earnings increased to HKD 132,803,000 from HKD 122,258,000, showing a growth of approximately 8.7%[200]. Employee and Workforce - The number of employees increased to 65 as of December 31, 2023, compared to 48 in the previous year, with total employee compensation amounting to HKD 18,817,000, up from HKD 17,200,000[21]. - The employee compensation policy remains unchanged compared to the previous year, linking performance to rewards[21]. - Employee turnover rate for the fiscal year 2023 was 15.8% for those under 30 years old, 5.4% for ages 30 to 50, and 9.2% for those over 50[56]. - The total training hours provided to employees in fiscal year 2023 was 107 hours, with an average of 2 hours per trained employee, a decrease from 133 hours and 3.6 hours in fiscal year 2022[63]. - 43% of employees received training in fiscal year 2023, down from 77% in fiscal year 2022[63]. Environmental, Social, and Governance (ESG) - The report covers the company's ESG management approach and performance for the fiscal year 2023, with no changes in the reporting scope compared to the previous year[26]. - The company has established an ESG governance framework, with the board responsible for overseeing significant ESG issues and performance[33]. - Stakeholder engagement is prioritized, with communication channels established to address concerns related to business strategy, financial performance, and employee welfare[36]. - The company aims to align its development direction with stakeholder expectations through ongoing evaluation of ESG issues[39]. - Energy consumption decreased by 1.8% to 110,742 kWh in the fiscal year 2023, compared to 112,821 kWh in 2022[46]. - Total greenhouse gas emissions increased to 81.0 tons in 2023 from 78.3 tons in 2022, with scope 1 emissions at 0.0 tons and scope 2 emissions at 69.8 tons[44]. - The company has implemented measures to reduce harmful waste, with non-hazardous waste generated at 1,525 kg in 2023, compared to 1,413 kg in 2022[44]. - The company has committed to using electric vehicles to reduce greenhouse gas emissions from transportation[43]. - The company has established a recycling program for electronic waste, complying with local regulations for the disposal of regulated electronic equipment[50]. - The company plans to continue reviewing and developing ESG policies and goals to improve its ESG performance in the future[41]. Corporate Governance - The board of directors consists of eight members, including three executive directors and three independent non-executive directors, ensuring a diverse range of expertise[86]. - The company emphasizes strict adherence to ethical guidelines, with all employees required to comply with the established code of conduct[77]. - The company has established a governance policy to ensure compliance with legal and regulatory requirements[105]. - The board is collectively responsible for fulfilling corporate governance duties, which have been formally incorporated into its responsibilities[102]. - The audit committee is responsible for monitoring the integrity of financial statements before submission to the board[96]. - The attendance rate for the board meetings and committees in 2023 was 100% for all executive directors, with each attending all 6 board meetings and relevant committee meetings[107]. - The company has made amendments to its articles of association to comply with listing rules regarding shareholder protection[115]. - The independent directors have reviewed the compliance of the non-competition agreement established by the controlling shareholder, confirming adherence[113]. - The company is committed to enhancing corporate governance and ensuring compliance with regulatory requirements[110]. Shareholder Information - The company proposed a final dividend of HKD 0.015 per share, totaling HKD 4,200,000[133]. - As of December 31, 2023, the company's distributable reserves amounted to HKD 122,372,000, including share premium and special reserves of HKD 104,521,000[138]. - The board's ability to declare dividends depends on profitability, capital requirements, and overall financial condition[140]. - The company has a policy to declare dividends based on operating performance and financial health[140]. - Shareholders holding at least 10% of voting rights can request a special general meeting, ensuring their rights are protected[116]. Business Strategy - The company plans to diversify its product portfolio and increase product types to overcome current challenges[12]. - The management is committed to improving business strategies to enhance resilience and deliver higher returns to shareholders[12]. - The company aims to expand its product supply and brand portfolio while enhancing its distribution network to increase market share[84]. - The company is a leading mobile phone distributor in Hong Kong, representing brands such as Samsung, Honor, and TCL, and has been listed on the Hong Kong Stock Exchange since January 15, 2015[25].

Financial Performance - The total revenue for the year ended December 31, 2023, was HKD 1,935,876,000, representing an increase of 5.35% from HKD 1,837,386,000 in 2022[3] - Gross profit decreased to HKD 47,861,000, down 16.76% from HKD 57,514,000 in the previous year[3] - The profit before tax for 2023 was HKD 11,007,000, a decline of 54.91% compared to HKD 24,408,000 in 2022[3] - The net profit for the year was HKD 9,010,000, down 58.12% from HKD 21,452,000 in 2022[3] - Basic and diluted earnings per share for 2023 were both HKD 3.22, a decrease of 57.93% from HKD 7.66 in 2022[4] - Revenue increased from HKD 1,837,386,000 to HKD 1,935,876,000, representing a moderate growth[24] - Net profit decreased to HKD 9,010,000 from HKD 21,452,000, indicating a significant decline[16] Assets and Liabilities - Total assets as of December 31, 2023, were HKD 212,393,000, an increase from HKD 191,921,000 in 2022[4] - Current liabilities increased to HKD 64,555,000 from HKD 47,412,000 in the previous year, reflecting a rise of 36.23%[4] - Total liabilities amounted to HKD 68,746,000, with total assets at HKD 232,062,000, resulting in a current ratio of approximately 3.3[26] - The total equity attributable to the owners of the company increased to HKD 163,316,000 from HKD 158,563,000, a growth of 2.23%[4] Cash and Liquidity - The company's cash and cash equivalents rose to HKD 110,498,000, up from HKD 86,122,000 in 2022, indicating a growth of 28.23%[4] - Cash and cash equivalents increased to HKD 110,498,000 from HKD 86,122,000, showing improved liquidity[27] Foreign Exchange and Investments - The company reported a net foreign exchange loss of HKD 723,000 in 2023, compared to a loss of HKD 796,000 in 2022[12] - The group's listed securities increased in value by 12.5% for the year ending December 31, 2023, attributed to improvements in the U.S. market, with fair value gains of HKD 1,343,000 compared to a loss of HKD 264,000 in 2022[29] - Dividend income received by the group was HKD 466,000, up from HKD 365,000 in 2022[29] Employee and Operational Insights - The number of employees increased to 65 as of December 31, 2023, from 48 in the previous year, with total salaries and benefits amounting to HKD 18,817,000, compared to HKD 17,200,000 in 2022[30] - The company faced challenges due to high operating costs, weak economic recovery in Hong Kong, and intense market competition[24] Corporate Governance and Compliance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange listing rules and has complied with its provisions[34] - The audit committee, composed entirely of independent non-executive directors, reviewed the consolidated financial statements for the year ending December 31, 2023[36] - The group currently has no significant contingent liabilities or guarantees as of December 31, 2023[32] - The group has maintained compliance with all relevant laws and regulations regarding employment, working conditions, health, safety, and the environment[33] Future Plans and Shareholder Information - The company plans to diversify its product portfolio and integrate satellite technology and AI into mobile devices to create new market demand[25] - Proposed final dividend of HKD 1.5 cents per share, totaling HKD 4,200,000, subject to shareholder approval[21] - The annual report for 2023 will be distributed to shareholders in April 2024 and published on the company's website[39] - The management expresses gratitude to employees, customers, suppliers, and shareholders for their support during challenging times[40]