Financial Performance - Total revenue for 2022 increased by 8.0% year-on-year to RMB 4.46 billion, with third-party customer revenue growing by 6.5% to RMB 1.48 billion[15]. - The gross profit margin improved by 1.8 percentage points to 36.6% compared to the previous year[15]. - Adjusted net profit margin improved by 13 percentage points to -18.0% year-on-year, reflecting operational efficiency improvements[15]. - The net loss attributable to shareholders for the year ended December 31, 2022, was RMB 872.3 million, an improvement from RMB 1,281.7 million for the year ended December 31, 2021[36]. - Operating loss decreased to RMB 981.6 million, improving the operating margin from -34.0% to -22.0% year-over-year[49]. - Net loss attributable to shareholders was RMB 872.3 million, with a net margin of -19.5%, improving from -31.0% year-over-year[38]. - The company reported a pre-tax loss of RMB 990.2 million for the year ended December 31, 2022, down from RMB 1,442.6 million in 2021[85]. - The company's loss decreased from RMB 1,330.5 million in the same period of 2021 to RMB 928.0 million for the year ended December 31, 2022[87]. Customer Growth and Revenue - The number of premium customers increased by 9 to 221, indicating a continued expansion in the customer base[15]. - Revenue from Ping An Group rose by 9.1% to RMB 2,526.7 million, while revenue from Lufax increased by 7.3% to RMB 459.4 million[38]. - The number of premium customers increased from 649 to 796, with a net expansion rate of 81%[45]. - The average revenue per premium customer rose from RMB 2.2 million to RMB 2.8 million[45]. - Interest and commission income from virtual banking surged by 210.4% to RMB 106.5 million, driven by rapid customer demand[54]. Operational Efficiency - The company has established strategic partnerships, including a collaboration with a leading private bank for wealth management transformation[17]. - The company continues to upgrade its core system products to meet domestic needs, offering over 400 basic core APIs[17]. - The digital credit service platform received recognition from the China Academy of Information and Communications Technology for innovation in digital inclusive finance[17]. - The company plans to continue investing in R&D activities to enhance the technology and applications used in its solutions, optimizing product structure by integrating single-module products into more comprehensive solutions[22]. - The company will maintain a prudent operating strategy, focusing on increasing third-party customer revenue and net profit margin in 2023[22]. Technology and Innovation - The digital banking solutions provided by the company include comprehensive offerings for retail and corporate banking, enhancing marketing and risk management efficiency[16]. - The company is actively expanding its digital insurance solutions, focusing on automating the entire claims process and improving service quality[18]. - By 2025, total technology spending by Chinese financial institutions is projected to reach RMB 799.3 billion, highlighting the growth potential in the sector[15]. - Revenue from technology solutions grew by 6.3% from RMB 4,098.0 million in 2021 to RMB 4,357.5 million in 2022, driven by increases in implementation services and cloud service platform revenue[73]. Expenses and Cost Management - The cost of revenue increased by 4.9% to RMB 2,829.0 million, primarily due to rising costs in technology solutions[57]. - Research and development costs increased by 4.8% from RMB 1,353.0 million in 2021 to RMB 1,417.7 million in 2022, driven by investments in existing solutions and innovation[59]. - Sales and marketing expenses decreased by 30.1% from RMB 588.4 million in 2021 to RMB 411.4 million in 2022, resulting in a reduction of the expense-to-revenue ratio from 14.2% to 9.2%[59]. - General and administrative expenses decreased by 2.0% from RMB 841.7 million in 2021 to RMB 824.7 million in 2022, with adjusted expenses at RMB 754.9 million, accounting for 16.9% of revenue[60]. Corporate Governance and Risk Management - The company has adopted corporate governance practices based on the principles and code provisions set out in Appendix 14 of the Listing Rules[127]. - The company’s risk management framework includes monitoring interest rate risks associated with floating and fixed-rate financial instruments[122]. - The company’s board believes that high corporate governance standards are essential for safeguarding shareholder interests and enhancing corporate value[126]. - The audit committee held 7 meetings during the year ended December 31, 2022, discussing unaudited financial performance for all four quarters[151]. Future Outlook and Strategic Plans - The company aims to explore opportunities in overseas markets with strong unmet digital transformation needs, leveraging solutions validated in China[22]. - The company expects that the opening of pandemic control measures in China and the introduction of economic support policies will be beneficial for long-term economic development[22]. - The company has no significant future plans for major investments or capital assets as of December 31, 2022[94]. - The company plans to establish a credit reporting service in Hong Kong, expected to commence operations by the end of 2023[109]. Employee and Organizational Structure - As of December 31, 2022, the group had a total of 64.8% male and 35.2% female full-time employees, including senior management[166]. - As of December 31, 2022, the board consisted of 11 directors, with 36% being female and 64% male, reflecting the company's diversity policy[200].

Foreign Currency and Financial Risk Management - The company is primarily exposed to foreign currency risk from USD/RMB exchange rate fluctuations, managing this risk through spot-forward derivative financial instruments [877]. - Interest rate risk is mainly associated with term deposits and short-term borrowings, all maturing within one year, with management strategies in place to match interest rate terms [879]. - The company mitigates credit risk by transacting with state-owned or reputable financial institutions, assessing credit quality, and implementing shorter credit periods [881]. - Liquidity risk is managed by maintaining adequate cash reserves and monitoring cash flows, ensuring sufficient funds for working capital and capital expenditures for the next 12 months [883]. - The company has developed independent procedures to review credit applications and manage credit risk on a portfolio basis, with annual limits approved by management [882]. Impact of COVID-19 on Credit Assets - In 2022, the quality of credit assets was impacted by COVID-19, prompting the company to enhance prudential management and technological empowerment [880]. Public Offerings and Financial Proceeds - The company completed its initial public offering in December 2019, issuing 31,200,000 ADSs, raising approximately US$311.0 million in net proceeds [897]. - In August 2020, the company completed a follow-on offering of 20,700,000 ADSs, raising US$372.6 million in net proceeds [898]. - A total of RMB1,499.1 million (US$217.3 million) was used for general corporate purposes from the proceeds of the public offerings [899]. - The company has not paid any of the net proceeds from its public offerings to directors, officers, or their associates [899]. - The follow-on offering included the full exercise of the underwriters' option to purchase additional ADSs [898]. - The initial public offering was underwritten by major financial institutions including Morgan Stanley and Goldman Sachs [897]. - The company intends to use the remaining proceeds from its public offerings as disclosed in its registration statements [899]. - The total number of ordinary shares represented by the ADSs issued in the initial public offering was 93,600,000 [897]. ADR Holders and Depositary Responsibilities - ADR holders are responsible for any taxes or regulatory charges related to their holdings, with the depositary having the right to deduct such amounts from distributions [892]. - The depositary may refuse services to ADR holders with unpaid fees or charges until such amounts are settled [890]. - The company did not receive any distributions from the depositary for the year ended December 31, 2022 [891]. Foreign Exchange Transactions - The company utilizes foreign exchange transactions to convert foreign currency into U.S. dollars, with rates determined by published benchmarks or third-party providers [888].

Exhibit 99.1 壹 账 通 金 融 科 技 有 限 公 司 ONECONNECT FINANCIAL TECHNOLOGY CO., LTD. (Incorporated in the Cayman Islands with limited liability) Stock Code : 6638 NYSE: OCFT 4 Annual Report 2022 . . . Contents Corporate Information 2 Financial Performance Highlights 4 Chairman's Statement 8 Management Discussion and Analysis 12 Corporate Governance Report 19 Directors' Report 34 Biographical Details of Directors and Senior Management 50 Independent Auditor's Report 57 64 Consolidated Statements of Comprehensive Inc ...

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2022 Earnings Conference Call March 13, 2023 8:00 AM ET Company Participants Danielle Gao - Head of Investor Relations Shen Chong Feng - Chairman and Chief Executive Officer Luo Yongtao - Chief Financial Officer Li Jie - Chief Technology Officer Conference Call Participants Timothy Zhao - Goldman Sachs Lydia Lin - Morgan Stanley Operator Hello, everyone, and welcome to the OneConnect Financial Technology Fourth Quarter and Full Year 2022 Earnings Rele ...

专业，科技创造价值 0 0 Technology Creates Value Through Expertise 金 融 壹 账通 2022年 第4季 度暨全年业绩发布会 O C F T E a r n i n g s R e l e a s e - F o u r t h Q u a r t e r a n d A n n u a l R e s u l t s 2022 2023 年 3 月 1 3 日 M a r 1 3 , 2023 1 1 声明 Disclaimer The information in this presentation is provided to you by OneConnect Financial Technology Co., Ltd. (the "Company") solely for informational purpose and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell, nor is it calculated to invit ...

Exhibit 99.1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. OneConnect Financial Technology Co., Ltd. 壹賬通金融科技有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 663 ...

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q3 2022 Earnings Conference Call November 10, 2022 7:00 AM ET Company Participants Danielle Gao – Head-Investor Relations Shen Chong Feng – Chairman and Chief Executive Officer Luo Yongtao – Chief Financial Officer Tan Bin Ru – Head-Southeast Asia Business Michael Fei – Chief Executive-Hong Kong Virtual Bank Conference Call Participants Timothy Hsia – Goldman Sachs Operator Hello everyone and welcome to the OCFT 2022 Q3 Earnings Release. My name is Emily ...

Revenue Performance - Revenue for Q3 2022 reached RMB 1,069 million, a year-on-year increase of 0.4% from RMB 1,065 million[9] - Revenue from Ping An Group was RMB 599 million, a decrease of 0.3% year-on-year, while revenue from third-party clients remained stable at RMB 351 million[10] - Revenue from Lufax increased by 5.2% year-on-year to RMB 118 million, and revenue from third-party clients increased by 6.4% to RMB 1,036 million over nine months[10] - In Q3 2022, total revenue increased by 0.4% year-on-year to RMB 1,069 million, driven by growth in operational support services and implementation revenue[16] - Revenue from operational support services grew by 4.8% year-on-year, benefiting from increased demand for smart voice products[15] - The implementation revenue rose by 7.0% year-on-year to RMB 202 million, supported by ongoing digital transformation efforts[15] Profitability Metrics - Gross margin for Q3 2022 was 35.1%, slightly down from 35.5% in the same period last year[9] - The company reported a non-IFRS gross margin of 38.4%, down from 42.2% year-on-year[10] - The net profit margin improved significantly from -25.3% to -12.4%, an optimization of 13 percentage points[13] - The operating loss margin for Q3 2022 was -14.5%, an improvement from -26.6% in the previous year[10] - The operating loss for Q3 2022 was RMB 155 million, an improvement from RMB 283 million in the same period last year, with the operating margin improving from -26.6% to -14.5%[21] Net Loss and Earnings Per Share - Net loss attributable to shareholders was RMB 133 million, improving from a net loss of RMB 270 million in the previous year, resulting in a net margin of -12.4% compared to -25.3%[9] - Basic and diluted loss per American Depositary Share was RMB -0.36, improving from RMB -0.72 in the same period last year[9] - The net loss attributable to the company’s owners for the three months ended September 30, 2022, was RMB (140,709) thousand, compared to RMB (132,563) thousand in the same period of 2021, representing an increase in loss of approximately 6%[34] Expenses and Cost Management - In Q3 2022, total operating expenses amounted to RMB 548 million, down from RMB 624 million in the same period last year, representing a decrease from 58.6% to 51.3% of revenue[20] - R&D expenses in Q3 2022 decreased to RMB 287 million from RMB 323 million year-over-year, accounting for 26.9% of revenue compared to 30.4% in the previous year[20] - Sales and marketing expenses fell to RMB 94 million in Q3 2022 from RMB 131 million in the same period last year, reducing the percentage of revenue from 12.3% to 8.8%[20] Customer and Market Development - The company aims to maintain and expand its customer base while enhancing customer engagement[4] - The number of high-quality customers grew from 154 to 163, an increase of 9 customers year-on-year[13] - The company launched a new digital management platform for life insurance agents, enhancing its digital capabilities in the insurance sector[13] - The company announced the launch of a small and medium enterprise financing platform in Abu Dhabi, marking its expansion into the UAE market[13] Cash Flow and Financial Position - Cash used in operating activities for Q3 2022 was RMB 128 million, while cash generated from investing activities was RMB 25 million and from financing activities was RMB 62 million[24] - Cash and cash equivalents as of September 30, 2022, were RMB 1,455,767 thousand, compared to RMB 1,399,370 thousand as of December 31, 2021, showing a slight increase of about 4%[40] - Total assets as of September 30, 2022, amounted to RMB 8,963,926 thousand, an increase from RMB 9,340,607 thousand as of December 31, 2021[40] - Total liabilities as of September 30, 2022, were RMB 5,430,720 thousand, a decrease from RMB 5,505,525 thousand as of December 31, 2021[40] Future Outlook - Future outlook includes addressing regulatory changes and maintaining relationships with key partners like Ping An Insurance[4]