Financial Performance - For the six months ended March 31, 2025, the company reported a revenue of HKD 48,513,038, a significant decrease from HKD 278,058 in the same period last year[5] - The operating loss for the period was HKD 5,348,755, compared to an operating profit of HKD 21,414,362 in the previous year[5] - The loss before tax amounted to HKD 7,230,443, a decline from a profit of HKD 18,179,019 in the prior year[5] - The company reported a basic and diluted loss per share of HKD 1.61, compared to earnings of HKD 4.38 in the same period last year[5] - For the six months ended March 31, 2025, the net loss from financial assets measured at fair value through profit or loss was HKD 3,760,839, compared to a net loss of HKD 623,723 for the same period in 2024[14] - The group reported a pre-tax loss of HKD 7,230,443 for the six months ended March 31, 2025, compared to a profit of HKD 18,384,344 for the same period in 2024[23] - The net loss attributable to equity holders for the period was approximately HKD 7,200,000, an improvement from a loss of HKD 18,400,000 in the previous year[36] Cash Flow and Assets - The net cash used in operating activities was HKD 9,578,422, an improvement from HKD 17,979,171 in the previous year[9] - The total assets as of March 31, 2025, were HKD 300,470,237, compared to HKD 209,094,102 as of September 30, 2024[6] - The company's cash and cash equivalents decreased to HKD 17,558,378 from HKD 25,178,400 in the previous period[9] - The total equity as of March 31, 2025, was HKD 300,275,695, a decrease from HKD 307,506,138 as of September 30, 2024[6] - The company's net asset value as of March 31, 2025, was approximately HKD 300,275,695, a decrease of about 2.3% from HKD 307,506,138 on September 30, 2024[31][37] - The fair value of listed equity securities held as of March 31, 2025, was HKD 162,695,114, down from HKD 172,568,448 as of September 30, 2024[25] Share Capital and Dividends - The company did not declare any dividends for the period[5] - The group did not recommend any interim dividend for the six months ended March 31, 2025, consistent with the previous year[22] - The company's issued and paid-up share capital increased to 450,128,249 shares as of March 31, 2025, from 420,128,249 shares on September 30, 2024[31] - The company's issued share capital increased from 420,128,249 shares to 450,128,249 shares due to the conversion of convertible bonds[51] Expenses and Liabilities - The total administrative expenses for the six months ended March 31, 2025, were HKD 5,070,697, compared to HKD 7,589,623 in the same period of 2024[19] - The interest expense for the six months ended March 31, 2025, was HKD 1,881,688, compared to HKD 3,235,343 in the previous year[19] - As of March 31, 2025, the total margin loans and debts amounted to approximately HKD 153,900,000, with an annual interest rate ranging from 7.7% to 15.5%[51] Investments - The group holds significant investments, including 607,800,000 shares of Huilong Holdings valued at approximately HKD 23,700,000, representing 6.9% of total assets[42] - The investment in Japan Symbiosis Group is valued at approximately HKD 22,400,000, with a loss of HKD 1.6 million recognized in the last six months[42] - The bond investment in Jinhui Hong Kong Limited amounts to HKD 52.5 million, accounting for 15.3% of total assets[42] - The company reported realized losses of approximately HKD 3,800,000 from the sale of shares in Sprocomm Intelligence Limited and Japan Synergy Group Limited[38][39] - The company maintained its bond portfolio during the period, recording bond interest income of approximately HKD 6,600,000[40] Governance and Compliance - The audit committee consists of all independent non-executive directors and has reviewed the company's accounting principles and practices[60] - The company has adopted the standard code for securities transactions by directors and confirmed full compliance during the period[61] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of the roles of chairman and CEO[62] Market Outlook - The company anticipates no significant improvement or decline in the global investment market for the remainder of the year due to the complex political environment[40] Employee and Operational Information - The total employee cost (excluding directors' remuneration) is approximately HKD 1,100,000, with 7 employees as of March 31, 2025[50] - The group has not entered into any foreign currency hedging contracts during the period, maintaining no open foreign currency hedging contracts as of March 31, 2025[48] - The group did not acquire or dispose of any fixed assets during the reporting period[24] - There were no significant investments or capital asset plans as of March 31, 2025[53] - No stock options were granted during the six months ended March 31, 2025[57] - The company did not repurchase, redeem, or sell any of its listed securities during the six months ended March 31, 2025[59]

Financial Performance - The Group recorded a loss of approximately HK$22.1 million on listed investments for the year, a decrease from approximately HK$109.9 million in the previous year[12]. - For the year ended September 30, 2024, the Group reported a negative revenue of approximately HK$2.3 million, a significant decrease from HK$93.9 million in the previous year[40]. - The net loss attributable to equity holders of the Company was approximately HK$19.9 million, compared to HK$149.1 million in the previous year[40]. - The loss on listed investments decreased from HK$109.9 million in the previous year to HK$22.1 million in the current year[41]. - The net unrealised loss for the year was approximately HK$22.7 million, consisting of an unrealised gain of approximately HK$35.8 million and an unrealised loss of approximately HK$58.5 million[47]. - The Group recorded a net loss of approximately HK$19.9 million for the year, a significant decrease from the net loss of approximately HK$149.1 million in the previous year[53]. Investment Portfolio - The Group will continue to adopt cautious measures to manage its investment portfolio in light of the ongoing US-China tensions and high interest rates[20]. - The Group anticipates a challenging investment environment in the coming year due to ongoing tensions in US-China relations and high US interest rates[22]. - The Group's strategic focus remains on careful investment management and exploring potential market opportunities despite the current economic challenges[22]. - The Group's listed investments were approximately HK$172.6 million as of 30 September 2024, indicating manageable currency and interest rate risks[68]. - The Group's bond investments include significant holdings in Gold Medal Hong Kong Limited and Hao Wen Holdings Limited, with fair values of HK$62.2 million and HK$43.8 million respectively[73]. Financial Position - As of September 30, 2024, the Group held total assets of approximately HK$353.0 million, down from HK$378.6 million in 2023, with cash and cash equivalents of HK$25.2 million[54]. - The current ratio decreased from 6.5 as of September 30, 2023, to 4.6 as of September 30, 2024, indicating a healthy liquidity position[54]. - The gearing ratio improved to 14.0% from 17.2% in the previous year, reflecting a low level of financial leverage[55]. - The Group is actively seeking fundraising opportunities to strengthen its financial position and support future investments[60]. - The net proceeds from the CB Placing amounted to approximately HK$20.5 million, fully utilized for general working capital and future investments[65]. Risk Management - The Group identifies and assesses significant risks that may affect its business operations, prioritizing them based on impact and likelihood[166]. - The risk management strategies are regularly monitored and revised in response to significant changes in the business environment[166]. - The Company engaged an independent professional adviser to conduct an annual review of the adequacy and effectiveness of the Group's risk management and internal control systems[169]. - The Board was satisfied that the Group's risk management and internal control processes are adequate for the current business environment[173]. Corporate Governance - The Board comprises two Executive Directors and three Independent Non-executive Directors as of the fiscal year ended September 30, 2024[119]. - The Company has a strong corporate governance structure to ensure effective oversight of management[132]. - The Audit Committee, chaired by Mr. Cheung Wai Kin, held three meetings during the year to review the financial reporting system and risk management[140]. - The Remuneration Committee is responsible for reviewing and determining the compensation of Directors and senior management, ensuring compliance with CG Code Provisions[144]. - The Board has adopted a diversity policy considering factors such as gender, age, and professional experience to enhance Board diversity[146]. Future Outlook - The management discussion highlighted the importance of adapting to market conditions and maintaining investor confidence moving forward[40]. - The company anticipates that the confidence in China's property market will continue to recover in 2024, driven by economic improvements and favorable policies[82]. - Japan Symbiosis Group aims to leverage its unique advantages and resources to explore real estate opportunities in Eurasia and collaborate with Japanese companies for mergers and acquisitions to enhance profitability[81]. Shareholder Communication - The Company prioritizes effective communication with shareholders and provides relevant information in its interim and annual reports[181]. - The Company has established procedures for shareholders to convene extraordinary general meetings, requiring at least one-tenth of the paid-up capital[184]. - The Company does not recommend the payment of a final dividend for the Period[195].

截至二零二四年九月三十日止年度業績公告 綜合損益及其他全面收益表 截至二零二四年九月三十日止年度 1 | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------|--------------|--------------------------------------------------|---------------------------------------------| | | 附註 | 二零二四年 \n港元 | 二零二三年 \n港元 | | 非流動資產 廠房及設備 按攤銷成本列賬之財務資產投資 | 16 | 208,632 143,671,820 | 381,120 120,266,539 | | | | 143,880,452 | 120,647,659 | | 流動資產 預付款項、按金及其他應收款項 按公允值計入損益處理之財務資產 按攤銷成本列賬之財務資 ...

2023/24 中期報告 Interim Report Interim Report 2023/24 中期報告 1 BOARD OF DIRECTORS Executive Directors Mr. Kong Fanpeng Mr. Chan Cheong Yee Independent Non-executive Directors Ms. Lai Fun Yin Mr. Cheung Wai Kin AUDIT COMMITTEE Mr. Cheung Wai Kin (Chairman) Ms. Lai Fun Yin REMUNERATION COMMITTEE Mr. Cheung Wai Kin (Chairman) Ms. Lai Fun Yin NOMINATION COMMITTEE Mr. Cheung Wai Kin (Chairman) Ms. Lai Fun Yin COMPANY SECRETARY Ms. Chan Yuet Ching AUTHORISED REPRESENTATIVES Mr. Chan Cheong Yee Ms. Chan Yuet Ching INVE ...

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之任何損失承擔任何責任。 Capital VC Limited 首都創投有限公司 （於開曼群島註冊成立之有限公司 並以CNI VC Limited名稱在香港經營業務） （股份代號：02324） 截至二零二四年三月三十一日止六個月 中期業績公告 中期財務報表 首都創投有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其 附屬公司（「本集團」）截至二零二四年三月三十一日止六個月（「本期間」）之未經 審核綜合業績。該未經審核之簡明綜合中期財務報表（「中期財務報表」）並未經本 公司獨立核數師審核，但經由本公司之審核委員會（「審核委員會」）審閱。 1 簡明綜合全面收益表 截至二零二四年三月三十一日止六個月 截至下列日期止六個月 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | | 三月三十一日 | 三月三十一日 | | | | （未經審核） | （未經審核） | | ...

2022/23 Annual Report 年報 CONTENTS 目錄 Page 頁次 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Executive Directors' Statement | 執行董事報告書 | 4 | | Biographies of Directors | 董事履歷 | 7 | | Management Discussion and Analysis | 管理層討論及分析 | 9 | | Corporate Governance Report | 企業管治報告 | 20 | | Report of the Directors | 董事會報告 | 31 | | Environmental, Social and Governance Report | 環境、社會及管治報告 | 40 | | Independent Auditor's Report | 獨立核數師報告 | 72 | | Audited Financial Statements | 經審核財務報表 | | | Consolidated: | 綜合： ...

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。 Capital VC Limited 首 都 創 投 有 限 公 司 （於開曼群島註冊成立之有限公司 並以CNI VC Limited名稱在香港經營業務） （股份代號：02324） 截至二零二三年九月三十日止年度業績公告 首都創投有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及其 附屬公司（統稱「本集團」）截至二零二三年九月三十日止年度之經審核綜合業績， 連同截至二零二二年九月三十日止年度之比較數字如下： 綜合損益及其他全面收益表 截至二零二三年九月三十日止年度 二零二三年 二零二二年 附註 港元 港元 營業額 3、4 (92,314,801) (25,149,110) 其他收入淨額 5 (20,160,417) (1,276,970) ...

Financial Performance - The Group reported a turnover of HK$ (60,228,181) for the six months ended March 31, 2023, compared to HK$ (40,707,096) for the same period in 2022, indicating a decline in revenue[9]. - The operating loss for the period was HK$ (58,389,855), compared to HK$ (48,171,089) in the previous year, representing an increase in losses of about 21%[9]. - Loss before tax was HK$ (59,761,225), up from HK$ (49,730,781) in the prior year, marking a year-on-year increase of approximately 20%[9]. - The company reported a comprehensive loss of HK$59,761,225 for the six months ended March 31, 2023, compared to a loss of HK$49,730,781 for the same period in 2022[15]. - The net loss attributable to equity holders of the Company for the Period was approximately HK$59.8 million, an increase from HK$49.7 million in the previous year, reflecting a worsening financial performance[75]. - The loss on listed investments increased to approximately HK$68.3 million for the Period, compared to a net loss of approximately HK$52.0 million recognized during the six months ended 31 March 2022[75]. Expenses and Costs - Administrative expenses increased to HK$ (8,426,649) from HK$ (5,722,107) year-on-year, reflecting a rise of approximately 47%[9]. - Total staff costs, including directors' remuneration and share-based payments, amounted to HK$2,393,732, a decrease from HK$6,406,821 in the previous year[38]. - The total short-term benefits, including share-based payments, for key management personnel amounted to HK$2,393,732, an increase from HK$2,253,391 in the previous year[71]. Assets and Equity - The net assets decreased to HK$ 409,149,258 as of March 31, 2023, down from HK$ 468,910,483 as of September 30, 2022, indicating a decline of about 13%[12]. - The net asset value per share decreased to HK$ 0.97 from HK$ 1.12, reflecting a reduction of approximately 13%[12]. - The total assets less current liabilities decreased to HK$ 425,822,872 from HK$ 485,584,097, indicating a decline of about 12%[12]. - As of March 31, 2023, the total equity of Capital VC Limited decreased to HK$409,149,258 from HK$468,910,483 as of October 1, 2022, reflecting a loss of HK$59,761,225 during the period[15]. - The accumulated losses increased to HK$1,048,274,518 as of March 31, 2023, from HK$988,513,293 as of October 1, 2022[15]. Cash Flow and Liquidity - The Group's cash and bank balances increased to HK$ 56,275,112 from HK$ 16,692,655, showing a significant improvement in liquidity[12]. - The net cash used in operating activities for the six months ended March 31, 2023, was HK$29,149,284, compared to HK$24,858,915 for the same period in 2022[18]. - The net cash from investing activities significantly increased to HK$68,731,741 for the six months ended March 31, 2023, up from HK$11,722,571 in the previous year[18]. - The cash and cash equivalents at March 31, 2023, amounted to HK$56,275,112, a substantial increase from HK$17,739,779 at the same date in 2022[18]. - The current ratio maintained a healthy level of 9.6 as of March 31, 2023, down from 15.0 on September 30, 2022[96]. - The gearing ratio was low at 10.9% as of March 31, 2023, compared to 8.4% on September 30, 2022[97]. Investments - For the six months ended 31 March 2023, the Group reported a net realized loss on financial assets of HK$4,564,583, compared to a loss of HK$1,162,994 for the same period in 2022, representing an increase of 292%[31]. - The net unrealized loss on financial assets for the same period was HK$63,790,160, up from HK$50,987,981 in 2022, indicating a 25% increase[31]. - Segment revenue for investments in listed securities was HK$6,383,054, while the investment in unlisted equity securities resulted in a loss of HK$68,347,579, leading to a total segment result loss of HK$58,389,855[34]. - The Group's significant investments included 654 million shares of WLS Holdings Limited valued at approximately HK$43.2 million, representing 12.1% of the Group's investment portfolio[104][103]. - Bonds issued by Gold Medal Hong Kong Limited amounted to HK$62 million, while bonds from Hao Wen Holdings Limited totaled HK$42.5 million[101][102]. Corporate Governance - The Audit Committee, comprising three independent non-executive directors, reviewed the unaudited interim results for the six months ended March 31, 2023[142]. - The company has adopted the Model Code for Securities Transactions by Directors and confirmed full compliance by all directors during the period[145]. - The company complied with the Corporate Governance Code provisions, with a noted deviation regarding the separation of roles of chairman and chief executive[146]. - The company has a strong corporate governance structure to ensure effective oversight of management[146]. - The roles of the Chairman and CEO are separated, allowing for efficient decision-making by the executive directors[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之任何損失承擔任何責任。 Capital VC Limited 首 都 創 投 有 限 公 司 （於開曼群島註冊成立之有限公司 並以CNI VC Limited名稱在香港經營業務） （股份代號：02324） 截至二零二三年三月三十一日止六個月 中期業績公告 中期財務報表 首都創投有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其 附屬公司（「本集團」）截至二零二三年三月三十一日止六個月（「本期間」）之未經 審核綜合業績。該未經審核之簡明綜合中期財務報表（「中期財務報表」）並未經本 公司獨立核數師審核，但經由本公司之審核委員會（「審核委員會」）審閱。 ...

CAPITAL VC LIMITED 首都創投有限公司 Stock Code 股份代號 : 02324 (Incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as CNI VC Limited) (於開曼群島註冊成立之有限公司 並以 CNI VC Limited 名稱在香港經營業務) Annual Report 2021/22 年 報 CONTENTS 目錄 | | | Page 頁次 | | --- | --- | --- | | Corporate Information | 公司資料 | 2 | | Executive Directors' Statement | 執行董事報告書 | 4 | | Biographies of Directors | 董事履歷 | 7 | | Management Discussion and Analysis | 管理層討論及分析 | 9 | | Corporate Governance Report | 企業管治報告 | 20 | ...