Financial Performance - In the first half of 2022, FingerTango Inc. recorded total revenue of approximately RMB 392.8 million, representing a year-on-year increase of about 39.3%[21] - The company reported a loss attributable to owners of RMB 63.7 million, compared to a profit of RMB 45.0 million in the same period last year[21] - Revenue for the six months ended June 30, 2022, was RMB 392.8 million, an increase from RMB 282.0 million in the same period last year, while gross profit rose to RMB 248.0 million from RMB 163.5 million[59] - The group reported a net loss of RMB 63,695,000 for the six months ended June 30, 2022, compared to a profit of RMB 45,015,000 in the same period of 2021[140] - The company incurred a total comprehensive loss of RMB 49,437 thousand for the six months ended June 30, 2022, compared to a total comprehensive income of RMB 36,709 thousand in the same period last year[68] Revenue Sources - The revenue from new games significantly increased, accounting for over 50% of total revenue during the reporting period[21] - Revenue from game developers accounted for over 10% of total revenue, with Developer A contributing 49.8%, Developer B 21.1%, Developer C 10.8%, and Developer D 10.7%[120] - The overseas market revenue from self-developed games grew by 6.2% year-on-year, reaching USD 8.99 billion[18] User Metrics - Monthly active users (MAUs) increased by 173.4% year-on-year to 2,433.0 thousand, while monthly paying users (MPUs) rose by 147.4% to 204.3 thousand[25] - The total number of registered users as of June 30, 2022, grew by 9.1% year-on-year to 194.2 million[25] Expenses and Costs - Sales and marketing expenses surged by approximately 342.0% to RMB 255.1 million, accounting for about 64.9% of total revenue[41] - Research and development expenses decreased by approximately 8.1% to RMB 35.3 million, primarily due to reduced employee benefits[43] - The company reported a tax credit of approximately RMB 5.8 million for the reporting period, compared to a tax expense of RMB 9.7 million in the previous year, due to increased revenue leading to higher contract liabilities[48] Assets and Liabilities - The company's current assets as of June 30, 2022, were approximately RMB 995.5 million, with cash and cash equivalents of about RMB 600.8 million, resulting in a current ratio of 2.8, down from 3.6 as of December 31, 2021[48] - Current liabilities rose to RMB 356,663 thousand, up from RMB 268,866 thousand, representing a significant increase of about 32.5%[65] - Total equity decreased to RMB 844,862 thousand as of June 30, 2022, down from RMB 894,299 thousand, a decline of approximately 5.5%[68] Game Development and Strategy - The company is focusing on optimizing new games based on player preferences to enhance market performance post-launch[22] - The company plans to launch new games in the second half of 2022, focusing on optimizing product strategies and leveraging big data analytics[27] - The company will continue to expand its game portfolio while focusing on high-quality game development[27] Market Conditions - The Chinese gaming market's actual sales revenue was RMB 147.79 billion in the first half of 2022, a year-on-year decline of 1.8%[18] - The mobile gaming market in China saw actual sales revenue of RMB 110.48 billion, down 3.7% year-on-year[18] - The number of game licenses issued by the National Press and Publication Administration dropped to 105 in the first half of 2022, a decrease of 82.0% compared to 582 licenses in the same period of 2021[19] Shareholder Information - Mr. Liu Jie holds 1,007,837,500 shares, representing a 52.18% ownership interest in the company[200] - The weighted average number of ordinary shares used for calculating basic loss per share was 1,899,956,000 for the six months ended June 30, 2022, compared to 1,896,103,000 in 2021[144] IPO and Proceeds Utilization - The company raised approximately HKD 967.1 million in net proceeds during its IPO on July 12, 2018[195] - As of June 30, 2022, the company has utilized HKD 578.8 million of the net proceeds, with HKD 498.7 million remaining[195] - 35% of the net proceeds, amounting to HKD 338.5 million, is allocated for developing gaming capabilities and acquiring quality game content[195] - 25% of the net proceeds, totaling HKD 241.8 million, is designated for establishing an internal game development team[195] - The expected timeline for utilizing the remaining net proceeds is before 2024, subject to market conditions[195]

Financial Performance - In 2021, FingerTango Inc. reported total revenue of RMB 613.0 million, a decrease of 18.1% compared to RMB 748.2 million in 2020[12] - The company's gross profit for 2021 was RMB 360.8 million, down 22.2% from RMB 464.0 million in the previous year[12] - The net loss for the year was RMB 517.4 million, compared to a profit of RMB 127.6 million in 2020, indicating a significant decline in performance[12] - The total equity of FingerTango Inc. at the end of 2021 was RMB 894.3 million, down from RMB 1,430.7 million in 2020[13] - The company recorded total revenue of RMB 613.0 million, a decline of approximately 18.1% year-on-year, primarily due to the maturity of classic games and a decrease in new game approvals[26] - The company reported a loss attributable to shareholders of RMB 517.4 million, compared to a profit of RMB 127.6 million in the same period last year, largely due to significant provisions for receivables[27] - The adjusted loss for the year ended December 31, 2021, was RMB 515.6 million, compared to an adjusted profit of RMB 135.8 million in 2020[52] Market Overview - The number of game users in China reached 666.0 million in 2021, with mobile game users accounting for 656.0 million, reflecting a growth of only 0.23% year-on-year[17] - The overseas market revenue for Chinese independently developed games grew by 16.6% to USD 18.01 billion, although this growth rate was significantly lower than in previous years[17] - Mobile games accounted for over 75% of the gaming market share in China, generating revenue of RMB 225.54 billion, which was a 7.6% increase year-on-year[16] - In 2021, the total revenue of the Chinese gaming market was approximately RMB 296.51 billion, representing a year-on-year growth of 6.4%[22] - The number of game licenses issued in 2021 was 755, a decrease of 46.3% compared to 1,405 licenses in 2020, marking a continuous decline for four years since 2018[23] Strategic Initiatives - The company plans to optimize its game business and explore innovative promotion channels in response to increasing advertising costs and changing market conditions[17] - The company is focusing on refined management and optimization of its gaming operations to adapt to the evolving regulatory environment in China[17] - The company plans to expand its existing game portfolio while focusing on the SLG game segment and broadening game categories[32] - The company aims to enhance user experience and monetization capabilities through continuous product optimization and innovation[32] - The company is leveraging big data analytics to optimize game strategies and improve cross-promotion effectiveness[32] Operational Metrics - The cumulative registered user base reached 185.0 million by December 31, 2021, an increase of 5.4% year-on-year, surpassing industry growth rates[30] - The average monthly revenue for classic games such as "My Mission" and "Tank Frontline" reached RMB 21.1 million and RMB 11.5 million respectively, indicating sustained popularity despite their maturity[28] - The cost of revenue was approximately RMB 252.3 million, down about 11.3% from RMB 284.2 million in the previous year[39] - Sales and marketing expenses were approximately RMB 186.4 million, representing 30.4% of total revenue, up from 25.9% in the previous year[41] - Research and development expenses increased by approximately 30.6% to RMB 76.3 million, reflecting the company's strategy to enhance game development capabilities[45] Investment and Financing - The company plans to use internal resources for expansion, investment, and business operations[53] - The company is actively monitoring the status of its investment in China Gas Industry Investment Holdings Co. Limited, which has been suspended from trading since March 25, 2021[62] - The company has recognized a default event regarding HKD 250,000,000 secured notes issued by a third party, with accumulated interest of HKD 8,750,000 as of the default date[125] - The board is assessing the financial impact of the default event and is taking actions to recover the principal and accrued interest from the issuer[126] Corporate Governance - The company has adopted a Restricted Share Unit Plan to formalize the process of granting share rewards to eligible management and employees[128] - The company has a Stock Option Plan effective for ten years from June 19, 2018, aimed at incentivizing eligible participants and retaining talent[132] - Major shareholders include Liu Jie with 1,007,837,500 shares (52.18%) and Zhu Yanbin with 148,488,000 shares (7.69%) [138] - The group had a total of 334 employees as of December 31, 2021, down from 372 employees the previous year [146] Regulatory and Legal Risks - The company is subject to regulatory risks regarding foreign investment in the Chinese telecommunications sector, which may impact its operations[169] - The contractual arrangements are designed to mitigate risks associated with changes in Chinese laws and regulations affecting the company's business operations[168] - The company faces risks related to its contractual arrangements, particularly concerning its Chinese operating entity, which may declare bankruptcy or face liquidation, potentially impacting asset utilization[191] - Shareholders of the Chinese operating entity have committed not to engage in competitive businesses during the validity of the contractual arrangements, mitigating potential conflicts of interest[197]

INTERIM REPORT 2021 年中期報告 FingerTango Inc. 2021年 中期報告 2021 INTERIM REPORT FingerTango Inc. (Incorporated in the Cayman Islands with limited liability) Stock Code: 6860 FingerTango Inc. （於開曼群島註冊成立的有限公司） 股份代號: 6860 目錄 2 公司資料 4 管理層討論與分析 12 簡明綜合損益及其他全面收益表 13 簡明綜合財務狀況表 15 簡明綜合權益變動表 16 簡明綜合現金流量表 17 簡明綜合財務報表附註 34 其他資料 42 詞彙 公司資料 董事 執行董事 劉傑先生（主席兼首席執行官） 朱炎彬先生 劉展喜先生（於二零二一年五月二十八日辭任） 王在成先生（於二零二一年五月二十八日辭任） 法律顧問 關於香港法律： 美邁斯律師事務所 香港 干諾道中1號 友邦金融中心31樓 獨立非執行董事 關於開曼法律： Conyers Dill & Pearman (Cayman) Limited 柳建華博士 Cricket Squ ...

2020年 年度報告ANNUAL REPORT 2020年年度報告 FingerTango Inc. 2020 ANNUAL REPORT FingerTango Inc. (Incorporated in the Cayman Islands with limited liability) Stock Code: 6860 FINGER TANGO FingerTango Inc. （於開曼群島註冊成立的有限公司） 股份代號: 6860 目錄 公司資料 五年財務摘要 4 主席報告書 5 管理層討論與分析 6 董事會報告 13 董事及高級管理層 37 企業管治報告 42 環境、社會及管治報告 54 90 獨立核數師報告 綜合損益及其他全面收益表 95 綜合財務狀況表 96 綜合權益變動表 98 綜合現金流量表 99 101 綜合財務報表附註 158 釋義 2 公司資料 董事會 執行董事 劉傑先生（主席兼首席執行官） 朱炎彬先生 王在成先生 劉展喜先生 獨立非執行董事 姚敏茹女士 郭靜鬥先生 柳建華博士 審核委員會 姚敏茹女士（主席） 郭靜鬥先生 柳建華博士 薪酬委員會 郭靜鬥先生（主席） 朱炎彬先生 姚敏茹女 ...

INTERIM REPORT 202 0 年中期報告 FingerTango Inc. 2020年 中期報告 2020 INTERIM REPORT FingerTango Inc. (Incorporated in the Cayman Islands with limited liability) Stock Code: 6860 FingerTango Inc. （於開曼群島註冊成立的有限公司） 股份代號: 6860 目錄 2 公司資料 4 財務摘要 5 管理層分析與討論 14 獨立審閱報告 15 簡明綜合損益及全面收益表 16 簡明綜合財務狀況表 18 簡明綜合權益變動表 19 簡明綜合現金流量表 20 簡明綜合財務報表附註 35 其他資料 42 詞彙 公司資料 審核委員會 薪酬委員會 聯席公司秘書 王在成先生 黃儒傑先生 董事 執行董事 劉傑先生（主席兼首席執行官） 朱炎彬先生 王在成先生 劉展喜先生 法律顧問 關於香港法律： 美邁斯律師事務所 香港 干諾道中1號 友邦金融中心31樓 獨立非執行董事 郭靜鬥先生 姚敏茹女士 柳建華博士（二零二零年一月十三日獲委任） 姚敏茹女士（主席） 郭靜鬥先生 柳 ...

2019年 年度報告ANNUAL REPORT 2019年年度報告 FingerTango Inc. 2019 ANNUAL REPORT FingerTango Inc. (Incorporated in the Cayman Islands with limited liability) Stock Code: 6860 FingerTango Inc. （於開曼群島註冊成立的有限公司） 股份代號: 6860 目錄 2 公司資料 4 五年財務摘要 5 主席報告書 9 管理層討論與分析 14 董事會報告 37 董事及高級管理層 42 企業管治報告 52 環境、社會及管治報告 88 獨立核數師報告 93 綜合損益及其他全面收益表 94 綜合財務狀況表 96 綜合權益變動表 97 綜合現金流量表 99 綜合財務報表附註 159 詞彙表 公司資料 董事會 執行董事 劉傑先生（主席兼首席執行官） 朱炎彬先生（於二零一九年六月十九日獲委任） 王在成先生 劉展喜先生 法律顧問 關於香港法律： 美邁斯律師事務所 香港 獨立非執行董事 關於開曼法律： Conyers Dill & Pearman (Cayman) Limi ...

| --- | --- | |----------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | 2019 中期報告 | | | FingerTango Inc. | | | （於開曼群島註冊成立的有限公司） | | | 股份代號: 6860 | | INTERIM REPORT 2019 年中期報告 FingerTango Inc. | --- | --- | |-------|----------------| | | | | | | | | 2019 | | | | | | | | | INTERIM REPORT | | | | | | | | | | | | | | | | | | | | | | | | | | | | FingerTango Inc. Stock Code: 6860 目錄 2 公司資料 4 財務摘要 5 管理層討論與分析 13 中期簡明綜合全面收益表 14 中期簡明綜合資產負債表 16 中期簡明綜合權益變動表 18 中期簡明綜合現金流量表 19 中期簡明綜合財 ...

ANNUAL REPORT 2018年年度報告 FingerTango Inc.Stock Code: 6860 2018年 年度報告 2018 ANNUAL REPORT FingerTango Inc. (Incorporated in the Cayman Islands with limited liability) FINGER TANGO FingerTango Inc. （於開曼群島註冊成立的有限公司） 股份代號: 6860 目錄 公司資料 2 4 財務摘要 主席報告書 5 9 管理層討論與分析 13 董事會報告 董事及高級管理層 33 37 企業管治報告 環境、社會及管治報告 46 67 附錄一 披露政策列表 70 附錄二 量化披露資料一覽表 附錄三 聯交所ESG指引指標索引 73 76 獨立核數師報告 綜合全面收益表 81 82 綜合資產負債表 84 綜合權益變動表 綜合現金流量表 86 87 綜合財務報表附註 釋義 152 公司資料 獨立非執行董事 薪酬委員會 提名委員會 聯席公司秘書 王在成先生 黃儒傑先生 董事會 執行董事 劉傑先生 吳俊傑先生 王在成先生 劉展喜先生 姚敏茹女士 郭靜 ...