格隆汇9月16日丨创联控股(02371.HK)宣布，董事会将于2025年9月26日(星期五)举行会议，以批准(其中 包括)公司及其附属公司截至2025年6月30日止年度的全年业绩，及考虑派发末期股息(如有)。 ...

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。 Chuanglian Holdings Limited 於本公告日期，董事會由執行董事路行先生（主席）、高永志先生、李嘉先生及張杰先生；以 及獨立非執行董事梁兆基先生、武亞林先生及王淑萍女士所組成。 創聯控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，董事會將於二零 二五年九月二十六日（星期五）舉行會議，以批准（其中包括）本公司及其附屬公司截至二 零二五年六月三十日止年度的全年業績，及考慮派發末期股息（如有）。 承董事會命 創聯控股有限公司 主席兼執行董事 路行 香港，二零二五年九月十六日 創聯控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2371） 董事會會議通知 ...

公司名稱: 創聯控股有限公司 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02371 | 說明 | 創聯控股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 2. 股份分類 | 優先股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 否 | | | --- | --- | --- ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 創聯控股有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02371 | 說明 | 創聯控股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 ...

Summary of Key Points Core Viewpoint - As of June 19, a total of 42 stocks reached their 52-week highs, with notable performances from Zhongyou Clean Energy Holdings (01759), Jixing New Energy (03395), and Chuanglian Holdings (02371) [1] 52-Week Highs - Zhongyou Clean Energy Holdings (01759) achieved a closing price of 2.650, with a peak price of 3.000, marking a high rate of 130.77% - Jixing New Energy (03395) closed at 1.050, reaching a maximum of 1.680, reflecting an 88.76% increase - Chuanglian Holdings (02371) closed at 0.035, with a high of 0.049, indicating a 25.64% rise [1] 52-Week Lows - XI Er Nan CO (07311) recorded a closing price of 16.960, with a low of 16.310, showing a decrease of 26.66% - Zhengli Holdings (03728) closed at 0.027, reaching a low of 0.022, reflecting a decline of 15.38% - Dimi Life Holdings (01667) maintained a closing price of 0.117, with a low of 0.117, indicating an 8.59% drop [2]

Financial Performance - Revenue for the six months ended December 31, 2024, was RMB 301,750,000, representing a 53.5% increase from RMB 196,547,000 for the same period in 2023[7] - Gross profit for the same period was RMB 54,994,000, up 30.5% from RMB 42,085,000 in the previous year[7] - The company reported a loss before tax of RMB 22,612,000, an improvement from a loss of RMB 28,395,000 in the prior period, indicating a 20% reduction in losses[7] - The net loss for the period was RMB 24,661,000, compared to a net loss of RMB 28,142,000 in the same period last year, reflecting a 12.5% improvement[11] - Basic and diluted loss per share was RMB 0.37, slightly better than RMB 0.39 for the same period in 2023[11] - The company reported a net loss of RMB 56,662 thousand for the six months ended December 31, 2024, compared to a loss of RMB 26,480 thousand for the same period in 2023, indicating an increase in losses of approximately 114%[17] - Total comprehensive income for the six months ended December 31, 2024, was RMB (22,465) thousand, compared to RMB (25,291) thousand for the same period in 2023, showing an improvement in comprehensive losses of approximately 11%[18] - The company recorded a loss attributable to shareholders of RMB 25,291,000 for the six months ended December 31, 2024, compared to a loss of RMB 26,480,000 for the same period in 2023, indicating a decrease in loss of approximately 4.5%[52] Assets and Liabilities - Total assets decreased to RMB 283,306,000 from RMB 314,392,000, a decline of 9.9%[15] - Current liabilities decreased to RMB 101,018,000 from RMB 152,753,000, a reduction of 33.8%[15] - Non-current assets decreased to RMB 224,615,000 from RMB 244,445,000, a decline of 8.1%[14] - The company’s equity attributable to owners decreased to RMB 193,178,000 from RMB 215,643,000, a decrease of 10.4%[15] - The total assets of the company as of December 31, 2024, were RMB 384,324,000, down from RMB 467,145,000 as of June 30, 2023[42] - The total liabilities decreased to RMB 192,477,000 as of December 31, 2024, from RMB 253,463,000 as of June 30, 2023[42] - The company’s total liabilities increased, leading to a cumulative loss of RMB 1,327,548 thousand as of December 31, 2024, compared to RMB 1,170,390 thousand at the end of June 2023, reflecting a rise of approximately 13%[18] Cash Flow and Financing - Operating cash flow for the six months ended December 31, 2024, was RMB 3,643 thousand, down from RMB 6,515 thousand in the previous period, representing a decrease of about 44%[21] - The company recorded a net cash outflow of RMB 10,063 thousand for the six months ended December 31, 2024, compared to a net outflow of RMB 1,277 thousand for the same period in 2023, reflecting a significant increase in cash burn[23] - The company incurred a total of RMB 17,931 thousand in net cash used in financing activities for the six months ended December 31, 2024, compared to a net cash inflow of RMB 6,022 thousand in the previous period, indicating a shift in financing strategy[22] - The company’s cash and cash equivalents decreased to RMB 99,712 thousand as of December 31, 2024, down from RMB 158,941 thousand at the end of June 2023, a decline of about 37%[23] Revenue Segmentation - Revenue from financial services significantly increased to RMB 215,121,000, up 92.5% from RMB 111,671,000 in the previous year[34] - Financial services segment accounted for approximately 71.3% of total revenue, while education services accounted for about 28.7%[96] - Revenue from financial services significantly increased due to the expansion of insurance brokerage business into more cities in China[96] - The income from external sales in the education consulting and training segment was RMB 86,629,000, compared to RMB 84,876,000 in the previous year, showing a slight increase[37] - The income from the online training and education services segment decreased to RMB 66,118,000 from RMB 71,628,000 in the previous year, reflecting a decline of 7.1%[34] Strategic Focus and Future Plans - The company plans to focus on expanding its market presence and enhancing product development strategies in the upcoming periods[7] - The company is exploring market expansion opportunities, particularly in the online training and financial services sectors, to enhance revenue streams[26] - The company aims to deepen its presence in the continuing education market and expand into new vocational education sectors, promoting lifelong learning and career development[79] - The company plans to continue expanding its online and offline training services, focusing on professional technical personnel continuing education[89] - The company expects to integrate its education and financial services to establish a dual-track development model[79] Governance and Compliance - The audit committee, composed of three independent non-executive directors, reviewed the unaudited financial performance and confirmed compliance with applicable accounting standards[138] - The company has adopted the corporate governance code and believes it has complied with the relevant provisions during the reporting period[123] - There were no significant changes in the interests of directors in competing businesses during the reporting period, ensuring no conflicts of interest[125] Shareholder Information - The average number of ordinary shares for the calculation of basic and diluted loss per share remained constant at 6,752,211 shares for both periods[52] - The company did not grant any share options during the reporting periods, nor did it recognize any share-based payment expenses[62] - The total remuneration for directors and key management personnel was RMB 1,775,000 for the six months ended December 31, 2024, a decrease from RMB 1,878,000 in the same period of 2023, reflecting a decline of approximately 5.5%[63] - The company granted 100,000,000 stock options on January 4, 2022, which represents approximately 1.48% of the total shares issued as of December 31, 2024[111] - The exercise price for the stock options is HKD 0.103, with an exercise period from January 4, 2022, to January 3, 2025[112] Market Presence - The company has over 800 million paying users for its online training and education services, with the platform having provided training to over 60 million individuals in recent years[79] - The company operates over 200 large-scale online training and education service platforms for institutional users and one mobile internet education platform, covering 20 provinces and over 150 cities in China[80] - Beijing Zhongjin Insurance Brokerage has established branches in nearly 10 provinces and cities in China, including Shanghai and Guangdong, enhancing its market presence[85] Investment and Assets - The company has committed capital expenditures of RMB 13,840 thousand for investments in joint ventures as of December 31, 2024[76] - The company has invested in cryptocurrencies like Bitcoin and Ethereum, entering the blockchain and cryptocurrency sector[87] - The company has signed new contracts to address foreign investment restrictions, allowing it to gain economic benefits and control over Beijing Chuanglian Education[82] - The company has no plans for significant investments or capital assets in the near future, reflecting a cautious approach to market conditions[128] Other Financial Metrics - Service costs for the period were approximately RMB 246,756,000, a 59.8% increase compared to RMB 154,462,000 in the same period last year[96] - Gross profit margin decreased to approximately 18.2% from 21.4% in the same period last year, primarily due to lower margins in financial services compared to education services[97] - Administrative expenses were approximately RMB 42,513,000, a slight increase of 4.5% from RMB 40,665,000 in the previous year[99] - The current ratio improved to approximately 1.58 from 1.46 as of June 30, 2024[100] - The debt-to-asset ratio decreased to approximately 50.1% from 54.3% as of June 30, 2024[101]

Financial Performance - Revenue for the six months ended December 31, 2024, was RMB 301,750,000, representing a 53.5% increase from RMB 196,547,000 in the same period of 2023[3] - Gross profit for the same period was RMB 54,994,000, up from RMB 42,085,000, indicating a gross margin improvement[3] - The loss before tax decreased to RMB 22,612,000 from RMB 28,395,000, showing a reduction in losses by 20.5%[3] - The net loss for the period was RMB 24,661,000, compared to RMB 28,142,000 in the previous year, reflecting a 12.5% improvement[3] - Basic loss per share improved to RMB 0.37 from RMB 0.39, indicating a slight recovery in performance[6] - The company reported a loss attributable to shareholders of RMB 25,291,000 for the six months ended December 31, 2024, compared to a loss of RMB 26,480,000 for the same period in 2023, indicating a slight improvement in performance[33] Assets and Liabilities - Non-current assets decreased to RMB 224,615,000 from RMB 244,445,000, primarily due to reductions in property, plant, and equipment[8] - Current assets decreased significantly from RMB 222,700,000 to RMB 159,709,000, largely due to a drop in trade and other receivables[8] - Total equity attributable to owners of the company decreased to RMB 193,178,000 from RMB 215,643,000, reflecting a decline in retained earnings[9] - The total assets of the group as of December 31, 2024, were RMB 384,324,000, down from RMB 467,145,000 as of June 30, 2023[23] - The total liabilities of the group as of December 31, 2024, were RMB 192,477,000, a decrease from RMB 253,463,000 as of June 30, 2023[23] Revenue Breakdown - Revenue from financial services reached RMB 215,121,000 for the six months ended December 31, 2024, compared to RMB 111,671,000 for the same period in 2023, indicating a significant increase of about 92.6%[19] - Revenue from financial services was approximately RMB 215,121,000, accounting for about 71.3% of total revenue, while education services contributed approximately RMB 86,629,000, representing about 28.7%[60] - The increase in financial services revenue was primarily due to the expansion of insurance brokerage services into more cities in China[61] Training and Education Services - The company continues to focus on expanding its online training and financial services, with ongoing investments in technology and market development[11] - The group reported external sales from education consulting and online training services amounted to RMB 86,629,000 for the six months ended December 31, 2024, compared to RMB 84,876,000 for the same period in 2023[21] - The company provides online and offline training services to over 90 million professional technicians in China, with more than 8 million paying users currently[44] - The online training platform has served over 60 million training sessions in the past few years, covering 20 provinces and over 150 cities in China[44] - The company aims to deepen its presence in the continuing education market and expand into new vocational education sectors, establishing a dual-track development model of "education + financial services"[43] Financial Services Expansion - The company is actively expanding its financial services, including group medical insurance and employee benefits plans, to leverage synergies between its subsidiaries[57] - Beijing Zhongjin Insurance Brokerage has established branches in nearly 10 provinces and cities, significantly increasing its revenue during the reporting period[50] - The asset management scale of the subsidiary, Rui Lian Financial Group, is approximately HKD 1.5 billion, managing multiple fund projects[51] - The company is actively developing its financial services, particularly in virtual asset management, with a target to manage over HKD 5 billion in assets[60] Shareholder Information - A total of 470,000,000 shares were successfully placed at a price of HKD 0.102 per share, raising approximately HKD 47,790,000 after deducting related expenses[74][76] - The convertible bonds with a principal amount of HKD 40,000,000 were fully converted into 320,000,000 new shares as of September 15, 2021[74] - The company has granted 100,000,000 share options under the share option plan, which represents approximately 1.48% of the total issued shares as of December 31, 2024[77] - As of December 31, 2024, the beneficial ownership of the directors includes 629,544,000 shares held by Mr. Lu, representing 21.02% of the total issued share capital[81] - Mr. Gao holds 38,888,000 shares, which accounts for 9.53% of the total issued share capital[81] Governance and Compliance - The company has adopted the corporate governance code and believes it has complied with the relevant provisions during the reporting period[88] - The audit committee consists of three independent non-executive directors: Mr. Leung Siu-ki, Mr. Wu Ya-lin, and Ms. Wang Shuqing[101] - The audit committee reviewed the unaudited condensed consolidated financial results for the reporting period and found the preparation method to comply with applicable accounting standards and requirements[101] Other Financial Metrics - The service costs for the reporting period were approximately RMB 246,756,000, a substantial increase of about 59.8% compared to RMB 154,462,000 for the same period last year[61] - The gross profit margin decreased to approximately 18.2% from 21.4% in the same period last year, mainly due to the lower margin of financial services compared to education services[61] - As of December 31, 2024, the company's bank balance and cash were approximately RMB 99,712,000, with total borrowings of about RMB 14,358,000[65] - The debt-to-asset ratio was approximately 50.1%, a decrease from 54.3% as of June 30, 2024[66] - The company has 438 employees as of December 31, 2024, with total employee costs of approximately RMB 25,094,000 during the reporting period[72]

Online Training and Education Services - The Group operates over 200 large-scale online training and education platforms for institutional B-end users and 1 online education platform (Rongxue Cloud) for mobile internet C-end users[5] - The Group currently has over 8 million paying users for its online training and education services[5] - The Group has established onsite training centers in Guangxi and Sichuan to provide offline training and education[5] - The Group aims to expand its geographical coverage to new business areas and increase the penetration rate of online and offline training and education in existing areas[5] Stakeholder Engagement - The Group recognizes the importance of stakeholder engagement for business success and will maintain effective communication with key stakeholders[7] - The Group has identified key stakeholders and established various channels for communication to understand risks and opportunities[9] - The Group emphasizes the importance of stakeholder engagement to understand risks and opportunities, ensuring effective communication channels are maintained[10] - The Group has established various communication channels to address stakeholder expectations and concerns effectively[14] ESG Reporting and Compliance - The reporting period for the ESG report is from January 1, 2023, to June 30, 2024, covering an extended period of 18 months[4] - The Group's financial year end date has changed from December 31 to June 30, affecting the comparability of financial figures[4] - The Group has identified key ESG issues through industry benchmarking and stakeholder discussions, aligning with the ESG Reporting Guide recommendations[15][16] - The Group's management ensures that all key ESG areas are reported and comply with the ESG Reporting Guide, reflecting the materiality of these issues[19] Employee Rights and Welfare - The Group has committed to safeguarding employee rights and interests, providing a healthy working environment, and promoting career development opportunities[13] - The Group fully complied with relevant laws and regulations, including the Employment Ordinance and the Labour Law of the People's Republic of China, ensuring fair treatment of employees[93] - Employees are provided with statutory welfare protections, including the "five insurance and housing provident fund," and additional benefits such as accidental injury insurance and supplemental medical insurance[100] - The Group promotes work-life balance by not encouraging overtime work and providing various types of leave, including annual leave and maternity leave[100] Environmental Sustainability - The Group fully complied with all relevant environmental laws and regulations, including the Environmental Protection Law of the People's Republic of China and the Air Pollution Control Ordinance in Hong Kong, with no concluded cases against it regarding environmental issues[25] - The Group is committed to improving environmental sustainability in its operations, ensuring that environmental considerations are prioritized in daily business activities[25] - The Group promotes environmental stewardship by enhancing awareness among employees and encouraging environmentally friendly working habits[26] - The Group recognizes its obligation to reduce the environmental impact of its operations, despite its business activities not having significant effects on the environment[24] Climate Change and Risk Management - Climate change risk is integrated into the overall risk profile, affecting health and mortality impacts due to natural disasters[64] - The Group aims to develop consistent approaches to address ESG risk issues across different operational departments[63] - Risk management strategies will be tested under climate change scenarios to identify areas needing new strategies[68] - The Group has identified significant climate-related physical risks, including increased frequency of extreme weather events such as super typhoons, which may lead to serious impacts on infrastructure and operational costs[72] Employee Training and Development - The overall percentage of employees trained increased to 66.2% in 2023/24 from 64.5% in 2022[121] - Male employees trained rose to 72.5% in 2023/24, up from 63.5% in 2022[121] - Senior management training participation increased to 65.2% in 2023/24 from 52.8% in 2022[121] - Average training hours for senior management increased to 2.6 hours in 2023/24 from 0.9 hours in 2022[123] Community Engagement and Social Responsibility - The Group actively contributes to the communities where it operates, understanding their needs and interests[89] - The Group's focus on social responsibility includes providing abundant educational resources and promoting community growth[157] - The Group's commitment to community investment emphasizes the importance of maintaining harmonious relationships with stakeholders for sustainable development[155] - Resources contributed to community investment include both monetary and time contributions[162] Compliance and Ethical Practices - The Group strictly complies with laws against child and forced labor, ensuring fair recruitment practices[124] - The Group has signed confidentiality agreements with employees to safeguard system security and client information[143] - No legal cases regarding corrupt practices were brought against the Group or its employees during the reporting period[149] - The Group has established a comprehensive management system for client data protection, ensuring that only authorized personnel can access sensitive information[143]

Financial Performance - Revenue for the eighteen months ended June 30, 2024, was RMB 831,793,000, a significant increase from RMB 325,620,000 in 2022[8]. - Gross profit for the same period was RMB 102,403,000, down from RMB 152,198,000 in 2022, indicating a decline in profitability[8]. - The company reported a loss attributable to owners of the Company of RMB 161,185,000 for the period, compared to a profit of RMB 10,884,000 in 2022[8]. - Basic loss per share for the period was RMB (2.35), a decrease from earnings of RMB 0.20 per share in the previous year[8]. - For the Reporting Period, the Group recorded revenue of approximately RMB 831,793,000, representing a significant increase of approximately 155.4% compared to RMB 325,620,000 for the Corresponding Period[15]. - The loss attributable to owners of the Company for the Reporting Period was approximately RMB 158,347,000, compared to a profit of approximately RMB 13,523,000 in the previous year[17]. - The cost of services for the Reporting Period was approximately RMB 729,390,000, representing a significant increase of approximately 320.6% compared to RMB 173,422,000 in the Corresponding Period[60]. - The gross profit margin dropped to approximately 12.3% from approximately 46.7% in the Corresponding Period, primarily due to the lower margin of the financial services business[61]. Assets and Liabilities - Non-current assets decreased to RMB 244,445,000 from RMB 305,383,000 in 2022, reflecting a reduction in long-term investments[10]. - Current assets also declined to RMB 222,700,000 from RMB 250,314,000 in 2022, indicating a tightening of liquidity[10]. - Current liabilities increased significantly to RMB (152,753,000) from RMB (76,938,000) in 2022, suggesting higher short-term obligations[10]. - Equity attributable to owners of the Company decreased to RMB 215,643,000 from RMB 389,815,000 in 2022, highlighting a reduction in shareholder value[10]. - The Group's net current assets totaled approximately RMB 69,947,000 as of June 30, 2024, down from RMB 173,376,000 as of December 31, 2022[73]. - The Group's borrowings as of June 30, 2024, amounted to approximately RMB 17,677,000, compared to no borrowings as of December 31, 2022[73]. - The current ratio as of June 30, 2024, was approximately 1.46 times, down from 3.25 times as of December 31, 2022[73]. - The gearing ratio as of June 30, 2024, was approximately 54.3%, an increase from 29.7% as of December 31, 2022[73]. Business Segments - The financial services business segment contributed approximately RMB 559,168,000, accounting for approximately 67.2% of total revenue, while the educational consultancy and online training segment contributed approximately RMB 272,625,000, accounting for approximately 32.8%[15]. - Revenue from the insurance brokerage business reached approximately RMB 544 million during the Reporting Period[40]. - The Group has expanded its education business into vocational education since 2023, aligning with favorable government policies[19]. - The Group's online training and education business currently covers 20 provinces and over 150 cities in the PRC[37]. - The Group aims to integrate education and financial services, establishing a dual development model[33]. Market Trends - The online education market in China increased from approximately RMB 122.5 billion in 2015 to RMB 419.1 billion in 2023, with a compound annual growth rate of more than 15%[19]. - The total insurance premium revenue in China for 2022 and 2023 was approximately RMB 4.696 trillion and RMB 5.125 trillion respectively, representing a growth rate of 10.4% for 2022[22]. - The number of local internet users in China increased from approximately 690 million in 2015 to approximately 1.09 billion in 2023, representing a compound annual growth rate of approximately 5.9%[19]. - The number of mobile internet subscribers in China increased from approximately 960 million in 2015 to approximately 1.28 billion in 2023, representing a compound annual growth rate of approximately 3.7%[19]. Strategic Initiatives - The company is focusing on new product development and market expansion strategies to improve future performance[12]. - Management anticipates a recovery in profitability as new strategies are implemented and market conditions improve[12]. - The Group expects the insurance brokerage business to become one of its core businesses, providing sustainable revenue contributions in the future[25]. - The Group plans to expand its online training and education services in China, aiming to increase market share in vocational skills training for professional staff[48]. - The Group will allocate more resources to develop a business-to-consumer model to enhance consumer loyalty to its training platforms[49]. Corporate Governance - The company has adopted the Corporate Governance Code to enhance corporate value and accountability, ensuring compliance with relevant provisions[142]. - The Board currently comprises seven members, including four executive Directors and three independent non-executive Directors, meeting the requirements of the Listing Rules[149]. - The company has received annual confirmations of independence from all independent non-executive Directors, affirming their independence[149]. - The Company has mechanisms in place to ensure compliance with corporate governance practices similar to those in the CG Code[168]. - The Company has established clear functions and responsibilities for the Board and management, delegating day-to-day operations while reserving key matters for Board approval[152]. Legal and Compliance - The Group has initiated legal proceedings against Mr. Pan to recover overdue debt amounting to HK$26,420,204, obtaining a default judgment on January 11, 2024[70]. - The Group's reliance on Contractual Arrangements poses risks, including potential non-compliance with PRC laws and adverse tax consequences[77]. - The Company will monitor relevant PRC laws and regulations to protect its interests in Beijing Chuanglian Education[79]. - The Group's risk management includes discussions to modify Contractual Arrangements as necessary[79]. - The independent auditor's statement regarding their reporting responsibilities is detailed on pages 88 to 98 of the report[200]. Human Resources - The Group's total staff costs for the reporting period were approximately RMB 102,149,000, an increase from approximately RMB 72,460,000 in the corresponding period[124]. - The Group had 391 employees as of June 30, 2024, down from 484 employees as of December 31, 2022[124]. - The Group continues to provide remuneration packages based on market practices, employee experience, and performance[125]. Investments - The Group has been investing in cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) to tap into the blockchain and cryptocurrency industries[47]. - The management expects a high yield from Investment D in the near future, indicating a positive outlook for this investment[69]. - The Group aims to optimize its investment strategies in response to market conditions to mitigate relevant risks[71].

Financial Performance - Revenue for the eighteen months ended June 30, 2024, was RMB 831,793,000, a significant increase from RMB 325,620,000 for the year ended December 31, 2022, representing a growth of approximately 155.5%[1] - Gross profit for the same period was RMB 102,403,000, down from RMB 152,198,000, indicating a decline of about 32.7%[1] - The company reported a loss before tax of RMB (164,014,000) compared to a profit of RMB 21,362,000 in the previous year, reflecting a negative swing of approximately 868.5%[3] - Basic loss per share was RMB (2.35), compared to earnings of RMB 0.20 per share in the previous year[4] - Total comprehensive loss for the period was RMB (177,759,000), compared to a gain of RMB 18,881,000 in the previous year[2] - The company reported a total loss of RMB 143,631,000 for the eighteen months ended June 30, 2024, compared to a profit of RMB 40,194,000 for the year ended December 31, 2022[18] - The group recorded a loss attributable to owners of RMB 158,347,000 for the eighteen-month period ending June 30, 2024, compared to a profit of RMB 13,523,000 for the year ending December 31, 2022[26] Revenue Breakdown - Revenue from financial services reached HKD 559.168 million, up from HKD 98.007 million, indicating a growth of about 469%[13] - Revenue from education consulting and online training services amounted to RMB 272,625,000, while financial services generated RMB 559,168,000, contributing to the overall revenue[17] - Financial services contributed approximately RMB 559,168,000, accounting for about 67.2% of total revenue, while education services contributed approximately RMB 272,625,000, accounting for about 32.8%[45] Assets and Liabilities - Non-current assets increased to RMB 244,445,000 from RMB 305,383,000, a decrease of approximately 19.9%[5] - Current liabilities rose significantly to RMB 152,753,000 from RMB 76,938,000, an increase of about 98.1%[5] - The company’s cash and cash equivalents decreased to RMB 109,509,000 from RMB 157,806,000, a decline of approximately 30.6%[5] - Trade receivables amounted to RMB 48,096,000 as of June 30, 2024, up from RMB 17,560,000 as of December 31, 2022, indicating a substantial increase in sales or credit extended[27] - Trade payables increased to RMB 70,197,000 as of June 30, 2024, compared to RMB 32,174,000 as of December 31, 2022, indicating higher operational liabilities[30] Operational Costs - Total employee costs increased to RMB 102,149,000 from RMB 72,460,000, reflecting a significant rise in operational expenses[24] - The financial costs for the eighteen months ended June 30, 2024, totaled RMB 10,853,000, compared to RMB 5,024,000 for the year ended December 31, 2022, indicating an increase in financial expenses[21] - The group recorded a service cost of approximately RMB 729,390,000, a substantial increase of about 320.6% compared to RMB 173,422,000 in the same period last year[46] Corporate Governance and Compliance - The company has not early adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, indicating a cautious approach to regulatory changes[12] - The company complied with the corporate governance code, with the exception of the chairman's absence at the annual general meeting due to other business commitments[62] - The audit committee consists of three independent non-executive directors who reviewed the group's annual performance for the eighteen months ending June 30, 2024[65] Strategic Initiatives - The company aims to expand its market presence through enhanced service offerings in education and financial sectors[15] - The group aims to integrate education and financial services to establish a dual-track development model[35] - The group plans to continue expanding its online and offline training services, aiming to increase market share in professional technical personnel continuing education[42] - The group has upgraded its licenses for securities and asset management, enabling it to develop virtual asset-related services in the near future[44] Future Outlook - The company anticipates that the application of the newly issued and revised Hong Kong Financial Reporting Standards will not have a significant impact on its performance and financial position[12] - The group plans to utilize approximately HKD 60,050,000 for potential investments in education and financial markets by 2025[54] - The group expects to enhance customer loyalty and engagement by allocating more resources to consumer-oriented training and education platforms[42] Employee and Shareholder Information - The group had a total of 391 employees in Hong Kong and China as of June 30, 2024, down from 484 employees as of December 31, 2022[60] - The company did not recommend a final dividend for the eighteen months ending June 30, 2024, consistent with the previous year where no dividend was declared[64] - The weighted average number of ordinary shares for the calculation of basic and diluted loss per share remained constant at 6,752,211 shares[26]