Financial Performance - Total revenue for the year ended December 31, 2023, was RMB 60,646,000, an increase of 26.5% from RMB 47,909,000 in 2022[2] - Gross profit for the year was RMB 26,045,000, up 25.3% from RMB 20,816,000 in the previous year[2] - Operating profit turned positive at RMB 4,322,000 compared to an operating loss of RMB 26,792,000 in 2022[3] - Net profit for the year was RMB 3,801,000, a significant recovery from a net loss of RMB 25,014,000 in the prior year[3] - Basic and diluted earnings per share improved to RMB 0.033 from a loss of RMB 0.270 in 2022[3] - The company reported a total comprehensive income of RMB 6,374,000 for the year, compared to a loss of RMB 22,982,000 in 2022[5] - Adjusted profit before tax for the software segment improved to RMB 11,232,000 in 2023 from a loss of RMB 22,700,000 in 2022[23] - The group recorded a profit of approximately RMB 3,801,000 for the year ended December 31, 2023, a significant recovery from a loss of RMB 25,014,000 in 2022[53] Revenue Breakdown - Revenue from software maintenance and other services was RMB 36,251,000, an increase from RMB 34,218,000 in the previous year[14] - Revenue from software licenses and other products surged to RMB 24,395,000, up from RMB 13,691,000, marking a growth of 78.5%[14] - The revenue from external customers in China was RMB 60,084,000 in 2023, up from RMB 47,909,000 in 2022, reflecting a growth of 25.5%[26] - For the year ended December 31, 2023, the company recorded revenue of approximately RMB 60,646,000, an increase of 26.5% from RMB 47,909,000 in 2022[45] Assets and Liabilities - Cash and cash equivalents increased to RMB 177,805,000 from RMB 101,036,000, reflecting a growth of 75.7%[7] - Non-current assets rose to RMB 12,483,000, up from RMB 6,164,000, indicating a 102.1% increase[7] - Reportable segment assets increased to RMB 269,922,000 in 2023 from RMB 195,870,000 in 2022, reflecting a growth of 37.7%[23] - Reportable segment liabilities rose to RMB 29,627,000 in 2023, compared to RMB 28,266,000 in 2022, indicating a 4.8% increase[23] Cash Management - Trade receivables, net of impairment, decreased to RMB 9,888,000 from RMB 26,893,000, indicating improved collection efficiency[35] - The company’s total trade and other payables decreased to RMB 10,628,000 from RMB 16,553,000, suggesting better cash management[38] - As of December 31, 2023, the group's cash and cash equivalents were approximately RMB 177,805,000, an increase from RMB 101,036,000 in 2022, with a current ratio of 7.69, up from 5.67 in 2022[55] Expenses - Distribution expenses for the year ended December 31, 2023, were approximately RMB 15,918,000, an increase from RMB 14,475,000 in 2022, primarily due to higher employee costs and travel expenses in the software business in China[47] - General and administrative expenses for the year ended December 31, 2023, were approximately RMB 22,573,000, up from RMB 16,849,000 in 2022, mainly due to increases in employee costs, professional fees, travel expenses, and trading costs of listed equity securities[49] - Financing costs for the year ended December 31, 2023, were approximately RMB 918,000, compared to RMB 877,000 in 2022, attributed to increased interest expenses on borrowings[50] Investments and Future Plans - The company completed a rights issue on April 25, 2023, raising approximately RMB 90,653,000, which will support future growth initiatives[42] - The company plans to continue expanding its software business and enhancing its product offerings to drive future revenue growth[45] - The company invested RMB 12,850,000 in Beijing Dongfang Longma Software Development Co., Ltd., acquiring approximately 10.46% equity, completed in February 2023[58] - Approximately RMB 9,515,000 was allocated for the development of AI software solutions, including hiring engineers and procuring necessary hardware[64] Shareholder Information - The company did not declare or recommend any dividends for the year ended December 31, 2023, consistent with 2022[31] - No final dividend has been recommended for the year ending December 31, 2023, consistent with the previous year[82] - The company employed 128 full-time employees as of December 31, 2023, an increase from 89 in the previous year, with total employee costs amounting to approximately RMB 25,182,000[80] Market Outlook - The software business has shown gradual recovery despite ongoing impacts from the COVID-19 pandemic, driven by demand from existing and new customers as well as new contracts for domestic database software[83] - Management believes that the market will gradually recover from the pandemic, with more Chinese customers likely to turn to domestic brands for database software services in the long term[85] - The company aims to maintain competitiveness by launching new products and services, strengthening customer relationships, and expanding its customer base, particularly in line with China's push for domestic technology self-sufficiency[84] Compliance and Governance - The audit committee has reviewed the audited financial statements for the year ending December 31, 2023, ensuring compliance with corporate governance codes[92]

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 29,434,000, an increase of 18.5% compared to RMB 24,852,000 for the same period in 2022[8]. - Gross profit for the same period was RMB 10,568,000, a decrease of 4.2% from RMB 11,032,000 in 2022[8]. - Operating profit for the six months was RMB 5,199,000, a significant recovery from an operating loss of RMB 12,779,000 in the previous year[8]. - Profit before tax was RMB 4,651,000, compared to a loss before tax of RMB 13,174,000 in the same period last year[8]. - Net profit attributable to equity holders was RMB 5,098,000, recovering from a loss of RMB 12,892,000 in 2022[8]. - The company reported a total comprehensive income of RMB 9,659,000 for the period, compared to a loss of RMB 12,285,000 in the previous year[11]. - For the six months ended June 30, 2023, the company reported a profit of RMB 5,098 thousand, compared to a loss of RMB 12,892 thousand for the same period in 2022, representing a turnaround of approximately 139.5%[17]. - The total comprehensive income for the period was RMB 9,989 thousand, significantly improving from a total comprehensive loss of RMB 11,918 thousand in the prior year, indicating a recovery of around 183.7%[17]. Assets and Liabilities - Total assets as of June 30, 2023, amounted to RMB 302,110,000, an increase from RMB 196,814,000 at the end of 2022[13]. - Cash and cash equivalents increased to RMB 152,853,000 from RMB 101,036,000 at the end of 2022[13]. - The company's equity attributable to equity holders rose to RMB 214,825,000 from RMB 113,549,000 at the end of 2022[15]. - The company’s total equity as of June 30, 2023, was RMB 267,426 thousand, an increase from RMB 168,126 thousand at the end of June 2022, reflecting a growth of approximately 59.2%[17]. - The company’s accumulated losses decreased to RMB 476,822 thousand as of June 30, 2023, from RMB 568,745 thousand at the beginning of the year, indicating a reduction of approximately 16.2%[17]. - The company’s total liabilities decreased, contributing to a stronger balance sheet and improved financial stability[17]. Cash Flow and Financing - Operating cash flow for the period was a net outflow of RMB 44,314 thousand, slightly improved from RMB 44,390 thousand in the previous year[20]. - The company reported a net cash inflow from financing activities of RMB 94,921 thousand, a significant increase from RMB 1,662 thousand in the same period last year[20]. - The company raised RMB 90,653 thousand through the issuance of new shares, which contributed positively to its equity position[17]. - The company incurred financing costs of RMB 548,000 for the six months ended June 30, 2023, compared to RMB 395,000 in the previous year, representing an increase of about 38.7%[49]. Revenue Sources - Total revenue from external customers for the six months ended June 30, 2023, was RMB 29,434,000, an increase of 18.5% compared to RMB 24,852,000 for the same period in 2022[31]. - Software maintenance and other services revenue was RMB 18,101,000, up from RMB 15,513,000, marking a growth of 16.5%[38]. - The software business's overall revenue growth was driven by demand from existing and new customers, as well as new contracts signed for domestic database software, aligning with the national policy for domestic software[110]. Employee and Operational Costs - Employee costs increased to RMB 11,420,000 in the first half of 2023, up from RMB 10,851,000 in the same period of 2022, reflecting a rise of approximately 5.25%[49]. - General and administrative expenses rose to approximately RMB 9,880,000 from RMB 9,026,000, attributed to increased employee costs and overseas travel expenses[80]. - Distribution expenses were approximately RMB 7,055,000, showing no significant fluctuation compared to RMB 7,130,000 in the previous year[79]. Research and Development - The company developed software patents at a cost of RMB 1,380,000 during the first half of 2023, compared to RMB 734,000 in the same period of 2022, indicating an increase of approximately 88% in R&D investment[49]. - Approximately RMB 2,935,000 (equivalent to HKD 3,573,000) from the subscription proceeds was allocated to R&D for artificial intelligence solutions, including RMB 1,203,000 for hiring engineers[90]. Shareholder and Capital Structure - The company issued 122,446,911 rights shares at a subscription price of HKD 0.85 per share, raising approximately RMB 90,653,000 (equivalent to about HKD 102,653,000)[61]. - The total issued and paid-up ordinary shares increased to 204,078,185 as of June 30, 2023, compared to 81,631,274 at the end of 2022[60]. - The estimated net proceeds from the rights issue are approximately HKD 101,700,000, with 96% allocated for general working capital of the industrial park software project[99]. Corporate Governance - The company has adopted the corporate governance code and has complied with all relevant provisions, except for the separation of roles between the Chairman and the CEO, which has not been appointed[125]. - The Audit Committee, consisting of three independent non-executive directors, reviewed the unaudited interim financial results for the six months ended June 30, 2023[128].

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。 ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企 展 控 股 有 限 公司 （於開曼群島註冊成立之有限公司） 1808 （股份代號： ） 截至二零二三年六月三十日止六個月之未經審核中期業績 企展控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及其附屬公 司（「本集團」）截至二零二三年六月三十日止六個月之未經審核中期業績，連同二零 二二年同期之比較數字。未經審核中期業績並未經審核，但已由本公司審核委員會 （「審核委員會」）審閱。 ...

Financial Performance - The company recorded a consolidated net loss attributable to equity holders of approximately RMB 22 million for the fiscal year ended December 31, 2022, compared to a net loss of RMB 24 million in the previous year[7]. - The group's gross profit for the year was approximately RMB 21 million, with a gross margin of about 43% for the software business, up from 41% in the previous year[7]. - The software business showed signs of recovery in 2022, benefiting from improved management and business transformation efforts despite ongoing impacts from the COVID-19 pandemic[8]. - For the year ended December 31, 2022, the group recorded revenue of approximately RMB 47,909,000, an increase of 17.4% compared to RMB 40,825,000 in 2021[25]. - Revenue from software maintenance and other services was approximately RMB 34,218,000, down from RMB 38,172,000 in 2021[25]. - Revenue from software licensing and other product sales increased significantly to approximately RMB 13,691,000, compared to RMB 2,293,000 in 2021[25]. - The group recorded a gross profit of approximately RMB 20,816,000 for the year ended December 31, 2022, compared to RMB 16,512,000 in 2021, with a gross margin increase to 43% from 41%[26]. - The group reported a loss of approximately RMB 25,014,000 for the year ended December 31, 2022, an improvement from a loss of RMB 30,734,000 in 2021[35]. Dividend and Shareholder Returns - The board does not recommend the payment of any final dividend for the fiscal year ended December 31, 2022[7]. - The company aims to enhance shareholder returns by exploring potential integration opportunities within existing IT services[9]. - The company has adopted a dividend policy, with future dividends to be determined at the board's discretion based on overall performance and financial conditions[146]. Business Strategy and Market Outlook - The company plans to diversify its software business by expanding from providing software solutions to enterprise clients to industrial parks[9]. - The company anticipates that the Chinese software market will gradually recover from the pandemic, with a focus on domestic database service providers due to government localization policies[8]. - The company plans to introduce new products and services to maintain competitiveness and diversify its business lines[75]. - The company aims to align with national policies promoting domestic database software, anticipating a shift towards local brands by Chinese customers[75]. Cost Management and Expenses - Distribution expenses decreased to approximately RMB 14,475,000 in 2022 from RMB 16,710,000 in 2021, primarily due to reduced employee costs in the software business[27]. - General and administrative expenses were approximately RMB 16,849,000 for the year ended December 31, 2022, down from RMB 17,870,000 in 2021, mainly due to lower employee costs and trading costs related to listed securities[28]. - Financing costs increased to approximately RMB 877,000 in 2022 from RMB 715,000 in 2021, attributed to higher interest expenses on borrowings[30]. Capital and Investments - The group completed a capital injection of RMB 12,850,000 into Beijing Dongfang Longma Software Development Co., acquiring approximately 10.46% equity, resulting in a total ownership of about 64.18%[39]. - The company completed a placement of 13,600,000 shares at a price of HKD 0.84 per share, raising approximately HKD 11,400,000, with a net amount of HKD 10,950,000 after expenses[51]. - The net proceeds from the placement will be used for investments in AI-related software development and general operational funds, with HKD 4,000,000 allocated for Beijing Dongfang Longma and approximately HKD 6,950,000 for the Hong Kong office[51]. - The company proposed a rights issue to raise up to approximately HKD 106,160,000, with a subscription price of HKD 0.85 per share[54]. Governance and Board Structure - The company has not appointed a chairman or CEO, with roles being shared by the board, indicating a potential governance issue[93]. - The board consists of four members, including one executive director and three independent non-executive directors, ensuring a balanced structure[89]. - The company has not set measurable targets for gender diversity at the board level, but it reviews the board's composition annually to ensure effectiveness[100]. - The board held seven meetings during the fiscal year ending December 31, 2022, to review operational and financial performance[103]. Environmental, Social, and Governance (ESG) Initiatives - The environmental, social, and governance (ESG) report indicates that the company has maintained its operational locations and supply chain structure without significant changes during the fiscal year ending December 31, 2022[158]. - The company aims to improve its overall environmental performance and reduce its carbon footprint in response to climate change[165]. - The company's greenhouse gas emissions decreased significantly, with total emissions at 46.12 tons of CO2 equivalent in 2022, down from 60.46 tons in 2021, representing a reduction of approximately 23.7%[181]. - The company has committed to integrating sustainability into its business decision-making processes[168]. Employee and Labor Practices - The company employed 89 full-time employees as of December 31, 2022, down from 96 in 2021[67]. - Employee turnover rate decreased to 19% in 2022 from 34% in 2021, with male turnover dropping from 38% to 22% and female turnover from 21% to 10%[198]. - The company emphasizes a safe working environment, adhering to various labor laws and implementing measures such as medical insurance and regular maintenance of ventilation systems[199]. - The company is committed to promoting work-life balance and providing appropriate benefits to retain talent[198].

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，概不會就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。 ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企 展 控 股 有 限 公司 （於開曼群島註冊成立之有限公司） 1808 （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 全年業績 企展控股有限公司（「本公司」）之董事（合稱「董事」，各自為「董事」）會（「董事會」）公佈本 公司及其附屬公司（合稱「本集團」）截至二零二二年十二月三十一日止年度之綜合財務 業績，連同截至二零二一年十二月三十一日止年度之比較數字如下： 綜合損益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 人民幣千元 人民幣千元 3(a) 47,909 40,825 收益 (27,093) (24,313) 銷售成本 20,816 16,512 毛利 4 148 5,073 ...

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 24,852,000, an increase of 19.3% compared to RMB 20,739,000 for the same period in 2021[18] - Gross profit for the same period was RMB 11,032,000, representing a gross margin of 44.4%, up from RMB 7,107,000 in 2021[18] - The net loss for the six months ended June 30, 2022, was RMB 13,288,000, a slight improvement from a net loss of RMB 14,499,000 in the prior year[18] - The company reported a comprehensive loss of RMB 12,285,000 for the period, compared to RMB 15,371,000 in the same period last year[22] - The company’s operating loss improved to RMB 12,779,000 from RMB 14,635,000 in the previous year[18] - The adjusted loss before tax for the reportable segment was RMB (10,655,000) for the first half of 2022, compared to RMB (10,824,000) in the same period of 2021, indicating an improvement[55] - The company reported a net loss before tax of RMB (13,174,000) for the first half of 2022, a slight improvement from RMB (14,726,000) in the same period of 2021[55] - The company reported a loss of approximately RMB 13,288,000 for the six months ended June 30, 2022, compared to a loss of RMB 14,499,000 for the same period in 2021[138] Assets and Liabilities - Total assets as of June 30, 2022, were RMB 197,877,000, compared to RMB 208,214,000 as of December 31, 2021[24] - Cash and cash equivalents decreased to RMB 73,222,000 from RMB 115,636,000 at the end of 2021[24] - The company’s equity attributable to shareholders was RMB 112,234,000, down from RMB 124,581,000 at the end of 2021[28] - The total liabilities of the company increased to RMB 34,724,000 as of June 30, 2022, compared to RMB 30,736,000 as of December 31, 2021[59] - The company’s reportable segment liabilities increased to RMB 27,855,000 as of June 30, 2022, from RMB 23,890,000 as of December 31, 2021[59] - As of June 30, 2022, the company's interest-bearing loans totaled RMB 13,820,000, compared to RMB 10,057,000 as of December 31, 2021, representing a 37.7% increase[97] Cash Flow - For the six months ended June 30, 2022, the net cash used in operating activities was RMB (44,390) thousand, compared to RMB (83,106) thousand for the same period in 2021, indicating an improvement of 46.5%[36] - The company reported a net cash inflow from financing activities of RMB 1,662 thousand for the six months ended June 30, 2022, a decrease from RMB 35,811 thousand in the same period of 2021[36] - The net cash and cash equivalents decreased by RMB 43,478 thousand, with cash and cash equivalents at June 30, 2022, amounting to RMB 73,222 thousand, up from RMB 51,898 thousand in the previous year[36] Share Capital and Equity - The company issued new shares during the rights issue, raising a total of RMB 36,710 thousand, which reflects a significant capital inflow[32] - The company's issued and paid-up ordinary shares as of June 30, 2022, were 1,360,625,725 shares, compared to 758,172,933 shares as of December 31, 2021, indicating an increase of 79.4%[104] - The capital restructuring approved on January 26, 2022, involved consolidating every 20 existing shares into 1 share with a par value of HKD 2.0[104] - The total number of unexercised share options was adjusted from 32,664,263 to 1,633,212 following the capital restructuring on March 25, 2022[114] Operational Highlights - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[10] - The company plans to continue exploring market expansion and new product development strategies in the upcoming periods[101] - The company operates primarily in the software business, providing integrated business software solutions in China, with other segments categorized as "Others"[46] - The company has implemented domestic database software development in response to the Chinese government's localization policy, which has driven demand from clients[169] Employee and Cost Management - The company reported a decrease in employee costs to RMB 10,851,000 for the first half of 2022, down from RMB 13,167,000 in the same period of 2021[69] - Distribution expenses decreased to approximately RMB 7,130,000, down from RMB 8,954,000 in the previous year, primarily due to reduced employee costs in the software business[133] - General and administrative expenses were approximately RMB 9,026,000, a decrease from RMB 9,937,000 in the previous year, attributed to lower employee costs and trading costs of listed equity securities[136] Investments and Acquisitions - Approximately 30% of the net proceeds from the rights issue, around HKD 13,170,000, is planned for potential acquisitions, expansion, and equipment purchases in the software business[144] - The company plans to allocate approximately HKD 15,640,000 for research and development of AI-related software and expansion of domestic database software promotion[160] Corporate Governance - The company has adopted the corporate governance code and complied with all relevant code provisions, except for the separation of roles between the chairman and the CEO[196] - The audit committee, established on December 18, 2006, is responsible for reviewing and supervising financial reporting procedures and risk management[199]

Financial Performance - The company reported a consolidated net loss attributable to equity holders of approximately RMB 24 million for the fiscal year ended December 31, 2021, compared to a net loss of RMB 17 million in the previous year[25]. - The company recorded revenue of approximately RMB 40,825,000 for the year ended December 31, 2021, a decrease of 42.5% compared to RMB 70,839,000 in 2020[39]. - The net loss for the year was RMB 30,734,000, an increase from a loss of RMB 25,322,000 in 2020[79]. - The gross profit for the year was approximately RMB 16,512,000, compared to RMB 17,578,000 in 2020[79]. - The company reported a return on equity of -18.14% for 2021, compared to -16.91% in 2020[82]. - The company did not recommend the payment of any final dividend for the fiscal year ended December 31, 2021[25]. - The company recorded a loss of approximately RMB 30,734,000 for the year ended December 31, 2021, compared to a loss of RMB 25,322,000 in 2020[47]. Revenue and Business Strategy - The gross profit for the year was approximately RMB 17 million, with a software business gross margin of about 41%, up from 25% in the previous year[25]. - The company anticipates that the software business revenue will increase as more Chinese customers shift towards domestic database service providers due to national self-sufficiency policies[27]. - The company plans to maintain competitiveness by launching new products and services, expanding its customer base, and implementing various cost control policies in 2022[26]. - The company aims to explore opportunities to integrate existing IT services within the financial services sector to enhance growth and competitive advantage[27]. - The company will continue to seek suitable business opportunities to expand into new growth areas and diversify revenue sources[27]. - Future strategies may involve enhancing product offerings and exploring new market opportunities to recover from the pandemic's impact[39]. Impact of COVID-19 - The software business faced challenges due to the COVID-19 pandemic, which negatively impacted market sentiment and financial performance[26]. - The decline in overall revenue was significantly impacted by the COVID-19 pandemic, which adversely affected market sentiment and operational activities[39]. - The company faced significant challenges in business activities due to the pandemic, leading to delays in operations[39]. - Software business revenue for the year was approximately RMB 40,465,000, down about 43% from RMB 70,530,000 in 2020, primarily due to competition and market conditions exacerbated by the COVID-19 pandemic[72]. Cost Management - Distribution expenses decreased to approximately RMB 16,710,000 from RMB 19,486,000 in 2020, primarily due to reduced employee costs in the software business[41]. - General and administrative expenses increased to approximately RMB 17,870,000 from RMB 17,305,000 in 2020, mainly due to higher legal and professional fees[42]. - The cost of sales for 2021 was RMB 24,313,000, down from RMB 53,261,000 in 2020[79]. - The company aims to improve the profit margin of its software maintenance services by repositioning its products to reduce sales costs[75]. Shareholder Communication and Governance - The company expressed gratitude to shareholders, business partners, and employees for their support and cooperation[27]. - The company is committed to maximizing efforts to promote long-term business development and enhance shareholder returns[27]. - The board held a total of 19 meetings during the fiscal year ending December 31, 2021, with regular reviews of operational and financial performance[103]. - The company held its annual general meeting on June 30, 2021, to maintain communication with shareholders[104]. - The board has delegated daily management responsibilities to the management team while retaining oversight of major acquisitions and financial matters[90]. Risk Management and Internal Control - The board is responsible for maintaining effective risk management and internal control systems to protect the company's assets and shareholders' interests[144]. - An external consultant was hired to review risk management and internal control, with no significant deficiencies found in the system for the year ending December 31, 2021[148]. - The group aims to establish a culture of risk awareness and accountability as the foundation of its internal control system, applicable to major business processes[145]. Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report is based on the group's operations in Hong Kong, Beijing, Shanghai, Chengdu, and Guangzhou, with no significant changes in the supply chain structure during the reporting period[152]. - The group has integrated an ESG management system to improve board-level oversight and has designated a team to coordinate all ESG-related matters[159]. - The company plans to improve overall environmental performance year by year, which is expected to benefit its business significantly[159]. - The company has identified key stakeholder concerns, including customer data protection and product safety management[168]. - The company has established effective communication channels with stakeholders to understand their concerns and improve sustainability strategies[168]. Employee and Workforce Management - The company employed 96 full-time employees in 2021, ensuring compliance with local labor laws and regulations[195]. - The gender distribution of employees in 2021 was 69% male and 31% female, reflecting a diverse workforce[200].

Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 20,739,000, a decrease of 31.5% compared to RMB 30,424,000 for the same period in 2020[19] - Gross profit for the same period was RMB 7,107,000, representing a gross margin of 34.3%, compared to RMB 6,544,000 in 2020[19] - The operating loss for the six months was RMB 14,635,000, compared to an operating loss of RMB 11,275,000 in the previous year, indicating a deterioration in operational performance[19] - The net loss attributable to equity holders of the company was RMB 11,974,000, compared to RMB 8,895,000 in the same period last year, reflecting a 34.5% increase in losses[19] - The company reported a total comprehensive loss of RMB 15,371,000 for the period, compared to RMB 11,730,000 in the previous year, indicating a worsening overall financial position[22] - The company reported a net gain from the sale of receivables of RMB 2,992,000 for the six months ended June 30, 2021, compared to no such income in the same period of 2020[68] - The net loss for the six months ended June 30, 2021, was approximately RMB 14,499,000, compared to a loss of RMB 11,876,000 for the same period in 2020[140] Assets and Liabilities - Total assets as of June 30, 2021, were RMB 179,440,000, an increase from RMB 158,872,000 as of December 31, 2020[25] - Total assets as of June 30, 2021, were RMB 205,956,000, an increase of 8.9% from RMB 190,525,000 as of December 31, 2020[60] - Total liabilities decreased to RMB 26,516,000 as of June 30, 2021, from RMB 32,424,000 as of December 31, 2020, reflecting a reduction of 18.2%[60] - Trade receivables, net of loss provisions, increased to RMB 28,022,000 as of June 30, 2021, from RMB 18,868,000 as of December 31, 2020, reflecting a growth of approximately 48%[88] - The group reported total trade and other receivables of RMB 127,311,000 as of June 30, 2021, up from RMB 61,429,000 as of December 31, 2020, indicating a growth of approximately 107%[88] - The group had a lease liability of RMB 1,600,000 in current liabilities as of June 30, 2021, compared to RMB 2,408,000 as of December 31, 2020, showing a decrease of approximately 33%[82] Cash Flow and Financing - Cash and cash equivalents increased to RMB 200,994,000 from RMB 185,346,000, indicating improved liquidity[25] - The company reported a net cash outflow from operating activities of RMB (83,106) thousand for the six months ended June 30, 2021, compared to RMB (56,957) thousand for the same period in 2020, representing a 46% increase in cash outflow[37] - The net cash used in investing activities was RMB (1,336) thousand for the six months ended June 30, 2021, compared to RMB (15,452) thousand in the same period of 2020, indicating a significant reduction in investment cash outflow[37] - The company generated net cash from financing activities of RMB 35,811 thousand for the six months ended June 30, 2021, compared to RMB 19,281 thousand for the same period in 2020, reflecting an increase of 86%[37] - The total cash and cash equivalents decreased by RMB 48,631 thousand during the period, with a balance of RMB 51,898 thousand as of June 30, 2021, compared to RMB 11,799 thousand at the end of the same period in 2020[37] - The company issued new shares resulting in a total of RMB 36,710 thousand in equity raised, after deducting expenses[34] Operational Insights - The company operates primarily in the software business, providing integrated business software solutions in China and Hong Kong[48] - The company has not reported any new product launches or significant market expansion strategies during this period[19] - The company aims to enhance its market presence through the development of new software solutions and expansion into new regions[64] - The company is focusing on improving operational efficiency and reducing costs to mitigate the impact of declining revenues[64] - The group is committed to maintaining competitiveness through the introduction of new products and services, as well as diversifying its business to expand revenue sources[165] - The group is actively seeking suitable opportunities to expand into new business lines with growth potential[165] Employee and Administrative Costs - Employee costs increased to RMB 13,167,000 for the six months ended June 30, 2021, up from RMB 11,003,000 in the same period of 2020, representing a rise of 19.7%[71] - General and administrative expenses increased to approximately RMB 9,937,000 from RMB 6,399,000, primarily due to higher employee costs[135] Shareholder Information - Major shareholders include China Taiping Insurance Holdings Company Limited, holding 203,854,292 shares (17.98%), and Jing Baifu, holding 278,351,792 shares (24.55%) as of June 30, 2021[174] - The total number of shares held by major shareholders reflects significant ownership concentration, with several entities holding over 5% of the shares[174] Corporate Governance - The company confirmed that all directors complied with the standards set out in the code of conduct for securities transactions during the six months ended June 30, 2021[185] - The company adopted the corporate governance code and complied with all relevant provisions, except for deviations related to the roles of the chairman and CEO, and the composition of the nomination committee[186] - Following the resignation of an independent non-executive director on March 25, 2021, the number of independent non-executive directors fell below the minimum required, but was restored after appointing a new director on May 26, 2021[189] - The audit committee currently consists of three independent non-executive directors, responsible for reviewing and supervising financial reporting procedures and risk management[190]

F 企 展 控 股 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) 股 份 代 號：1808 2020年報 目錄 目錄 公司資料 2 主席報告書 3 董事履歷 4 管理層討論及分析 6 五年概要及重要財務比率 11 企業管治報告 13 環境、社會及管治報告 25 董事會報告書 37 獨立核數師報告 47 綜合損益表 52 綜合全面收益表 53 綜合財務狀況表 54 綜合權益變動表 55 綜合現金流量表 56 綜合財務報表附註 58 1 企展控股有限公司 2020年年報 公司資料 公司資料 | --- | --- | |--------------------------------------|-------------------------------| | | | | 董事會 | 註冊辦事處 | | | Cricket Square | | 執行董事 | Hutchins Drive | | 關浣非 （主席） | P.O. Box 2681 | | 毛俊杰 | Grand Cayman | | | KY1-1111 | | 獨立非執行董事 | Cayman Islands ...

E 企 展 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) 股 份 代 號：1808 中期報告 2020 目錄 頁次 公司資料 2 未經審核綜合損益表 3 未經審核綜合全面收益表 4 未經審核綜合財務狀況表 5 未經審核綜合權益變動表 7 8 | --- | |----------------------------| | | | 未經審核簡明綜合現金流量表 | | 未經審核中期財務報告附註 | | 管理層討論及分析 | | | 9 30 其他資料 35 1 企展控股有限公司 2020年中期報告 公司資料 | --- | --- | |--------------------------------------|-------------------------------------------------------------------------------------------| | | | | 董事會 | 註冊辦事處 | | 執行董事 關浣非 （主席） 白雪飛 | Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman | | ...