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 ...

Financial Performance - For the six months ended June 30, 2019, the company's revenue was RMB 525.1 million, a decrease of 2.3% compared to RMB 537.5 million in the same period last year[9]. - Gross profit for the same period was RMB 318.6 million, representing an increase of 1.8% from RMB 313.0 million year-on-year[9]. - The company's profit for the period was RMB 47.3 million, down 45.7% from RMB 87.1 million in the previous year[9]. - The company's revenue for the six months ended June 30, 2019, was approximately RMB 525.1 million, a slight decrease of about 2.3% or RMB 12.3 million compared to the same period last year[28]. - Gross profit for the period was approximately RMB 318.6 million, with a gross margin increase from 58.2% to 60.7% due to a greater decline in costs compared to revenue[30]. - The company reported an adjusted profit attributable to owners of RMB 70.2 million for the period, compared to RMB 143.1 million in the previous year[25]. - Adjusted profit for the reporting period was RMB 70.2 million, down 50.9% from RMB 143.1 million year-on-year, excluding the impact of share-based compensation[42]. - The profit attributable to the owners of the group was RMB 47.3 million, a decrease of 45.7% from RMB 87.1 million in the same period last year, primarily due to increased sales and marketing expenses and regulatory restrictions on game approvals[40]. - Operating profit decreased significantly to RMB 48,902 thousand from RMB 95,832 thousand, a decline of approximately 48.9%[51]. - Basic earnings per share decreased to RMB 0.0285 from RMB 0.0611, a decline of approximately 53.3%[51]. Market Overview - The mobile gaming market in China generated sales revenue of approximately RMB 771 billion in the first half of 2019, with a growth rate of 15.4%[12]. - The number of mobile game users in China reached 620 million, a slight increase of 0.6% compared to the second half of the previous year[12]. - The strategy game segment accounted for 17% of the top 100 mobile games in China, indicating a sustained demand for this genre[13]. - The overall online gaming industry in China is experiencing a recovery, with the government improving intellectual property protection measures, creating opportunities for innovation[13]. Expenses and Cost Management - Increased marketing and promotional expenses contributed to the decline in profit, as the company intensified its advertising efforts during the reporting period[16]. - Sales and marketing expenses amounted to approximately RMB 219.1 million, up 54.3% or RMB 77.1 million year-on-year, representing 41.7% of total revenue, an increase from 26.4% in the previous year[36]. - Research and development expenses were approximately RMB 32.8 million, a significant increase of 97.2% or RMB 16.2 million compared to the same period last year, due to increased resource allocation for product development[38]. - The cost of revenue for the period was approximately RMB 206.5 million, a decrease of 8.0% or RMB 17.9 million compared to the previous year[29]. Strategic Initiatives - The company has obtained seven game licenses in the first half of 2019, which will support the release of new games and create new revenue streams[16]. - The company is focusing on optimizing its products based on changing player preferences, including technical and gameplay enhancements[16]. - The company plans to launch new games in the second half of 2019 and is conducting comprehensive testing to optimize product deployment strategies[21]. - The company aims to expand its game portfolio while focusing on the SLG segment and enhancing player experience to improve retention and loyalty[22]. - The company is leveraging big data analytics to optimize game strategies and enhance cross-promotion effectiveness[21]. - The company is actively seeking merger and acquisition opportunities to accelerate business growth and strengthen its position in the mobile gaming market[22]. Financial Position - As of June 30, 2019, the total cash and cash equivalents amounted to approximately RMB 825.5 million, a decrease of about 0.7% from RMB 831.2 million as of December 31, 2018[44]. - The current ratio as of June 30, 2019, was 5.3, compared to 5.1 as of December 31, 2018, indicating a strong liquidity position[44]. - The company has no bank borrowings or other debt financing obligations as of June 30, 2019, resulting in a debt-to-equity ratio of zero, indicating a strong financial position for future expansions[44]. - The company plans to fund its expansion, investments, and business operations using internal resources[44]. - The fair value of financial assets measured at fair value through profit or loss was RMB 413.3 million as of June 30, 2019, with significant contributions from Leading Global — 1 SP and Zhongzhou Longteng Growth Fund[47]. Shareholder Information - The company did not declare or pay any dividends for the six months ended June 30, 2019, consistent with the previous year[143]. - The company has unappropriated earnings of RMB 448,312,000 as of June 30, 2019, an increase from RMB 330,261,000 as of June 30, 2018[137]. - The total number of issued ordinary shares was 1,921,842,000, with a par value of 11 and a share premium of 716,788 thousand RMB[154]. - The company repurchased shares for a total of RMB 77,905 thousand during the financing activities[67]. - The total number of shares outstanding after the share repurchase was 1,921,842,000, reflecting a decrease due to the cancellation of 50,335,000 shares[156]. Employee and Compensation - The company had a total of 413 employees as of June 30, 2019, an increase from 374 employees as of June 30, 2018, indicating a growth of approximately 10.4%[193]. - The company recognized share-based compensation expenses of RMB 22,901,000, compared to RMB 38,776,000 for the same period in 2018, reflecting a decrease of approximately 40.8%[171]. - The number of restricted share units granted to employees was 36,000,000 as of June 30, 2018, with no new grants made in the six months ended June 30, 2019[165].

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 ...