Fu Shek Financial Holdings Limited 富石金融控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2263） （「本 公 司」） 提 名 委 員 會（「委 員 會」） 職權範圍 （由 本 公 司 於2025年6月27日 修 訂 及 採 納） 委 員 會 主 席 應 由 董 事 會 委 任，且 應 為 董 事 會 主 席 或 獨 立 非 執 行 董 事。 3. 秘 書 本 公 司 的 公 司 秘 書（「公司秘書」）應 擔 任 委 員 會 的 秘 書。如 公 司 秘 書 缺 席， 其委派代表或由出席委員會會議的成員委任的任何人士應出席委員會會 議 並 摘 錄 會 議 記 錄。 – 1 – 1. 成 員 1.1 委 員 會 成 員 應 由 本 公 司 的 董 事 會（「董事會」）委 任，並 應 至 少 由 三 名 成 員 組 成。 1.2 委 員 會 大 多 數 成 員 應 為 本 公 司 的 獨 立 非 執 行 董 事（統 稱 為「獨立非執 行董事」，各 自 為 一 名「獨立非執行董事」），且 至 少 有 一 名 不 同 性 別 的 成 員。 1.3 委 員 會 各 成 員 ...

Fu Shek Financial Holdings Limited 許文超先生 吳錫釗先生 非執行董事 李青松先生 （主 席） 獨立非執行董事 楊孫西博士 黎文星先生 富石金融控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2263） 董事名單與其角色及職能 自2025年6月27日 起，富 石 金 融 控 股 有 限 公 司 董 事（「董 事」）會（「董事會」）成 員 載 列 如 下。 執行董事 曾傲嫣女士 香 港，2025年6月27日 董 事 會 設 立 三 個 董 事 委 員 會。下 表 提 供 各 董 事 會 成 員 在 該 等 委 員 會 中 所 擔 任 職 位 的 資 料。 | | 董事委員會 | 審核委員會 | | | 薪酬委員會 | | 提名委員會 | | --- | --- | --- | --- | --- | --- | --- | --- | | 董 事 | | | | | | | | | 李青松先生 | | | | 成 | 員 | 主 | 席 | | 楊孫西博士 | | 成 | 員 | 主 | 席 | 成 | 員 | | 黎文星先生 | | 主 | 席 | 成 | 員 | ...

董 事 會 謹 藉 此 機 會 歡 迎 曾 女 士 加 入 提 名 委 員 會。 富石金融控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2263） 委任提名委員會成員 富 石 金 融 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）董 事（「董 事」） 會（「董事會」）欣 然 宣 佈，本 公 司 獨 立 非 執 行 董 事 曾 傲 嫣 女 士（「曾女士」）獲 委 任 為 本 公 司 提 名 委 員 會（「提名委員會」）成 員，自2025年6月27日 起 生 效。 於 上 述 委 任 後，提 名 委 員 會 由 李 青 松 先 生（提 名 委 員 會 主 席）、楊 孫 西 博 士、黎 文 星 先 生 及 曾 傲 嫣 女 士 組 成。 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 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 的 任 何 損 失 承 擔 任 何 責 任。 Fu ...

Financial Performance - For the fiscal year ending March 31, 2025, total revenue was HKD 32,948,000, a decrease of 27.1% compared to HKD 45,148,000 in 2024[3] - The net profit for the year was HKD 2,880,000, representing a decline of 19.3% from HKD 3,568,000 in 2024[3] - Basic earnings per share decreased to HKD 0.29 from HKD 0.36, a reduction of 19.4%[3] - Total revenue decreased by 27.0% to approximately HKD 32.9 million compared to the previous year, primarily due to a reduction in commission income from placement and underwriting services[39] - Net profit attributable to shareholders decreased by 19.3% to approximately HKD 2.9 million, mainly due to decreased commission income from placement and underwriting services and reduced interest income from margin financing services[40] Revenue Breakdown - Total revenue for the brokerage services segment was HKD 4,479,000, while the financing services segment generated HKD 16,922,000, resulting in a total revenue of HKD 32,948,000 for the year[21] - Commission and brokerage income from securities trading is projected to decrease from HKD 4,637,000 in 2024 to HKD 3,259,000 in 2025, representing a decline of approximately 29.7%[16] - Income from underwriting and placement services is expected to drop significantly from HKD 19,690,000 in 2024 to HKD 11,543,000 in 2025, a decrease of about 41.3%[16] - Total income from fees and commissions is forecasted to decline from HKD 25,401,000 in 2024 to HKD 16,026,000 in 2025, indicating a reduction of approximately 37.0%[16] Assets and Liabilities - Non-current assets totaled HKD 3,965,000, down 25.1% from HKD 5,294,000 in 2024[4] - Current assets included cash and cash equivalents of HKD 218,896,000, a slight decrease from HKD 230,650,000 in the previous year[4] - Total liabilities decreased to HKD 186,071,000 from HKD 188,673,000, a reduction of 1.4%[4] - The company's net asset value increased to HKD 358,416,000 from HKD 355,536,000, reflecting a growth of 0.8%[4] Employee Costs - The company reported a decrease in employee costs to HKD 11,770,000 from HKD 11,000,000, indicating a rise of 7%[3] - The total employee costs for the year amounted to HKD 11,770,000, an increase from HKD 11,000,000 in the previous year, representing a growth of approximately 7%[25] - Employee costs for the year amounted to approximately HKD 11.8 million, an increase of about HKD 0.8 million from HKD 11.0 million in 2024[57] Financial Reporting Standards - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from April 1, 2024, impacting the classification of liabilities[6] - The revised Hong Kong Financial Reporting Standards will come into effect starting from January 1, 2026, and are not expected to have a significant impact on the company's financial position and performance[13] - The company is currently assessing the detailed impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements[15] - The revised standards include clarifications on the recognition and derecognition of financial assets and liabilities, enhancing guidance on contract cash flows[10] Impairment and Receivables - The company reported a loss of HKD 8,926,000 due to impairment losses in the financing services segment[22] - The company recorded a provision for impairment of receivables from placement and underwriting services amounting to HKD 1.18 million, unchanged from the previous year[33] - The company faces credit concentration risk as 40% of total receivables from margin clients are from the top five clients[33] Market and Strategic Outlook - The company plans to explore new markets, particularly in the Middle East, and is establishing a new subsidiary in that region[66] - The company anticipates increased opportunities in placement and underwriting services due to its experience with small and medium-sized issuers[65] - The company will maintain a cautious approach to manage operational costs and enhance profitability amid unfavorable investment conditions[67] Corporate Governance - The company has adhered to the corporate governance code as per the listing rules during the review year[69] - The board of directors confirmed compliance with the necessary standards for securities trading throughout the review year[70] - The audit committee reviewed the consolidated financial statements for the year ending March 31, 2025, ensuring appropriate accounting principles were adopted[71] Dividends and Shareholding - The company did not declare any dividends for the year ending March 31, 2025, consistent with the previous year[30] - The board does not recommend declaring a final dividend for the review period[64] - The company has maintained the required percentage of public shareholding as per the listing rules[74]

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 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 的 任 何 損 失 承 擔 任 何 責 任。 Fu Shek Financial Holdings Limited 富 石 金 融 控 股 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，董 事 會 會議將於2025年6月27日（星 期 五）舉 行，藉 以（其 中 包 括）(i)審議及批准刊發本公 司及其附屬公司截至2025年3月31日 止 財 政 年 度 之 經 審 核 全 年 業 績；(ii)考慮宣 派 及 派 付 末 期 股 息（如 有）；(iii)考 慮 暫 停 辦 理 股 份 過 戶 登 記 手 續（倘 必 要）；及(iv) 處 理 任 何 其 他 事 項。 香 港，2025年6月2日 承董事會命 富石金融控股有限公司 富石金融控股有限公司 執行董事 （於開曼群島註冊成立的有限公司） （股 ...

Group 1 - The core viewpoint of the articles indicates that 富石金融 (Fushi Financial) has experienced a decline in financial performance, with a significant drop in both revenue and net profit compared to the previous year [1][2] - As of May 13, the stock price of 富石金融 was 0.18 HKD per share, reflecting a 9.76% increase on that day, but the stock has underperformed with a year-to-date increase of 17.14%, lagging behind the Hang Seng Index's 17.4% rise [1] - Financial data shows that for the period ending September 30, 2024, 富石金融 reported total revenue of 14.42 million HKD, a decrease of 17.15% year-on-year, and a net profit of 1.32 million HKD, down 16.2% year-on-year [1] Group 2 - 富石金融 operates through its subsidiary 佳富达证券, which is licensed to conduct regulated activities in Hong Kong, including securities trading and asset management [2] - The company has been in the securities industry for nearly 20 years and has developed an online trading system and related mobile applications to diversify its service offerings [2] - 富石金融 was listed on the main board of the Hong Kong Stock Exchange in February 2020 [2]

Fu Shek Financial Holdings Limited 富 石 金 融 控 股 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: 2263) Should you have any queries in relation to this letter, please call the Hong Kong Branch Share Registrar at (852) 2849 3399 during business hours from 9:00 a.m. to 5:00 p.m., Monday to Friday, excluding Hong Kong public holidays. Yours faithfully Fu Shek Financial Holdings Limited Notes: 各位非登記股東(附註 1)： NOTIFICATION LETTER 通知信函 Dear Non-registered Shareho ...

Financial Performance - The group reported a total comprehensive income of HKD 1,747,000 for the six months ended September 30, 2023, which increased to HKD 1,464,000 for the same period in 2024, indicating a decrease of approximately 16%[32]. - The group reported a net profit of approximately HKD 1.5 million, a decrease of 16.2% compared to approximately HKD 1.7 million for the six months ended September 30, 2023[190]. - The company reported a profit attributable to owners of HKD 1,464,000 for the six months ended September 30, 2024, compared to HKD 1,747,000 for the same period in 2023, representing a decrease of approximately 16.2%[113]. - The group achieved a pre-tax profit of HKD 1,464,000 for the six months ended September 30, 2024, compared to a loss in the previous period, marking a significant turnaround[95]. Revenue and Income - Revenue from securities trading commissions and brokerage income was HKD 2,588,000 for the six months ended September 30, 2024, down from HKD 4,691,000 in 2023, representing a decline of about 45%[39]. - The group reported a total revenue of HKD 15,293,000 for the six months ended September 30, 2024, compared to HKD 11,064,000 for the same period in 2023, representing an increase of approximately 38.5%[95]. - Interest income from margin financing decreased by 20.1% to approximately HKD 8.5 million, accounting for 76.6% of total revenue[173]. - Commission income from securities brokerage services fell by 51.2% to approximately HKD 1.5 million, representing 13.6% of total revenue[182]. - The asset management services segment generated revenue of HKD 2,000 for the six months ended September 30, 2024, while the brokerage services segment contributed HKD 1,506,000[95]. Expenses and Costs - Other operating expenses increased by 35.1% to approximately HKD 3.8 million for the six months ended September 30, 2023, compared to HKD 2.8 million for the same period last year, primarily due to increased legal and professional fees related to recovering impaired receivables from securities trading[1]. - Employee costs amounted to approximately HKD 5.5 million for the reporting period, up from HKD 4.7 million for the six months ended September 30, 2022[5]. - The total operating expenses for the group were HKD 4,925,000, which includes unallocated employee costs and other operating expenses, compared to HKD 3,671,000 in the previous period, indicating an increase of 34.2%[95]. - The legal and professional fees increased significantly to HKD 1,641,000 from HKD 573,000, indicating a rise of 186.4%[86]. Assets and Liabilities - As of September 30, 2024, the total assets amounted to HKD 479,830,000, a decrease from HKD 539,385,000 as of March 31, 2024, representing a decline of approximately 11%[31]. - The company’s total liabilities increased to HKD 200,000 as of September 30, 2024, from HKD 466,000 as of March 31, 2024, indicating a decrease of approximately 57.2%[118]. - The group holds no collateralized assets as of September 30, 2024, consistent with the previous reporting date[4]. - The group’s total income from miscellaneous sources was HKD 12,000, a slight decrease from HKD 17,000 in the previous year[82]. Cash Flow and Financing - Operating cash flow before changes in working capital was HKD 1,359,000, significantly lower than HKD 6,648,000 for the same period in 2023, reflecting a decline of approximately 79%[33]. - The net cash and cash equivalents decreased to HKD 221,905,000 from HKD 230,650,000, indicating a reduction of about 4%[33]. - The group is actively managing its financing agreements, with a maximum principal amount of HKD 60,000,000 under a new financing agreement established in August 2024[52]. - The group’s asset-liability ratio was zero as of September 30, 2024, consistent with the previous reporting period[191]. Shareholder and Dividend Information - The board does not recommend the distribution of an interim dividend for the reporting period, consistent with the previous period[10]. - The company did not declare or propose any dividends for the period ended September 30, 2024, consistent with the previous period[129]. Future Plans and Investments - The group plans to explore new business opportunities in the debt capital market, including bond placements, to provide a wider range of financial products[187]. - Total planned capital allocation amounts to HKD 90.6 million, with HKD 46.9 million already utilized and HKD 43.7 million remaining[196]. - The group plans to establish and renovate new offices with an allocation of HKD 15.7 million, expected to be completed by the end of 2026[196]. - Upgrading the information technology system is allocated HKD 9.0 million, with completion expected by the end of 2026[196]. Compliance and Governance - All directors confirmed compliance with the trading standards set out in the company's code of conduct throughout the reporting period[199]. - There have been no significant events after the reporting period up to the date of this report[198].

Financial Performance - For the six months ended September 30, 2024, the company reported total revenue of HKD 11,064,000, a decrease of 27.5% compared to HKD 15,293,000 for the same period in 2023[4]. - The company's pre-tax profit for the same period was HKD 1,464,000, down 16.2% from HKD 1,747,000 in the previous year[4]. - Basic earnings per share for the six months ended September 30, 2024, were HKD 0.15, a decrease of 11.8% from HKD 0.17 in the prior year[4]. - Total segment revenue for the six months ended September 30, 2024, was HKD 11,064,000, down from HKD 15,293,000 in the prior year, indicating a decline of about 27.5%[19][24]. - The company reported a decrease in total liabilities to HKD 357,000,000 from HKD 355,536,000, indicating a slight reduction in financial obligations[6]. - The company incurred impairment losses of HKD 4,545,000 in the current period, a decrease from HKD 8,175,000 in the previous period, reflecting a reduction of approximately 44.5%[20][25]. - Net profit for the reporting period was approximately HKD 1.5 million, a decrease of 16.2% compared to the previous period[6]. Revenue Sources - Interest income calculated using the effective interest method was HKD 2,588,000, down 44.5% from HKD 4,691,000 in the previous year[11]. - Other income increased to HKD 5,119,000, up 25.1% from HKD 4,091,000 in the same period last year[4]. - Commission income from the securities brokerage business decreased by 51.2% to approximately HKD 1.5 million for the six months ended September 30, 2024, compared to HKD 3.1 million for the same period in 2023[43]. - Interest income from customers for the six months ended September 30, 2024, was HKD 8,476,000, down from HKD 10,602,000 in the previous year, a decrease of about 20%[20][25]. - Interest income from margin financing decreased by 20.1% to approximately HKD 8.5 million, accounting for 76.6% of total revenue[1]. - Commission income from placement and underwriting services decreased by 32.6% to approximately HKD 1.1 million, representing 9.8% of total revenue[2]. - The asset management services recorded revenue of approximately HKD 2,000, with a segment loss of HKD 88,000, facing challenges in the current investment environment[3]. Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 479,830,000, a decrease from HKD 539,385,000 as of March 31, 2024[6]. - Accounts receivable increased to HKD 142,712,000 from HKD 124,078,000, reflecting a growth of 15.1%[6]. - Accounts payable to cash clients, margin clients, and Hong Kong Clearing amounted to HKD 124.894 million as of September 30, 2024, compared to HKD 186.529 million as of March 31, 2024[38]. - The company recognized an impairment loss provision of HKD 24.048 million as of September 30, 2024, compared to HKD 20.048 million as of March 31, 2024[35]. - The group maintained a zero debt ratio as of September 30, 2024, consistent with the previous reporting period[60]. Employee Costs - Employee costs for the six months ended September 30, 2024, totaled HKD 5,510,000, an increase from HKD 4,738,000 in the same period of 2023, marking an increase of about 16.3%[28]. - Employee costs for the reporting period amounted to approximately HKD 5.5 million, compared to HKD 4.7 million for the six months ended September 30, 2023[66]. Corporate Actions and Future Plans - The company did not declare or propose any dividends for the period ended September 30, 2024, consistent with the previous year[32]. - The group plans to explore new markets, particularly in the Middle East, and is establishing a new subsidiary in that region[7]. - The group anticipates more opportunities in placement and underwriting services due to the reform of the GEM listing system[8]. - The management team aims to enhance cost efficiency and profitability amid unfavorable investment conditions[9]. - The group plans to utilize the net proceeds conservatively, with a focus on long-term development, and has temporarily suspended expansion and development plans[74]. - No significant acquisitions or disposals of subsidiaries, associates, or joint ventures occurred during the reporting period[67]. Financial Reporting and Governance - The company has adopted revised Hong Kong Financial Reporting Standards effective from April 1, 2024, which did not have a significant impact on the financial statements[10]. - The interim financial statements have been reviewed by the audit committee and the company's auditors[83]. - The interim results announcement is available on the Hong Kong Stock Exchange and the company's website[84]. - The board of directors includes the chairman and non-executive director, Mr. Li Ching-Sung, along with executive directors and independent non-executive directors[85].

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 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 的 任 何 損 失 承 擔 任 何 責 任。 承董事會命 富石金融控股有限公司 執行董事 許文超 香 港，2024年10月30日 於 本 公 告 日 期，董 事 會 包 括 主 席 兼 非 執 行 董 事 李 青 松 先 生、執 行 董 事 許 文 超 先 生 及 吳 錫 釗 先 生 以 及 獨 立 非 執 行 董 事 楊 孫 西 博 士、黎 文 星 先 生 及 曾 傲 嫣 女 士。 富石金融控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2263） 董事會會議通告 富 石 金 融 控 股 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，董 事 會 會議將於2024年11月28日（星 期 四）舉 行，藉 以（其 中 包 括）(i)審議及批准刊發本 公司及其附屬公司截至2024年9月30日 ...