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。 Sino Splendid Holdings Limited 中 國 華 泰 瑞 銀 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8006） 截至二零二三年六月三十日止六個月之 中期業績公佈 中國華泰瑞銀控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本 公司及其附屬公司截至二零二三年六月三十日止六個月的未經審核綜合業績。本 公告列載本公司二零二三年中期報告全文，並符合香港聯合交易所有限公司GEM 證券上市規則（「GEM上市規則」）中有關中期業績初步公告附載資料的要求。 承董事會命 中國華泰瑞銀控股有限公司 執行董事 王濤 香港，二零二三年八月十一日 於本公告日期，董事會包括執行董事王濤先生，以及獨立非執行董事楊淑顏女士、 周綺婷女士及李艷華女士。 本公告的資料乃遵照《GEM證券上市規則》而刊載，旨在提供有關本公司的資料； ...

Financial Performance - The Group's revenue for the first quarter of 2023 was HK$9,321,000, a decrease of 48.6% compared to HK$18,132,000 in the same period of 2022[9]. - Gross profit for the quarter was HK$3,463,000, down 53.0% from HK$7,378,000 in Q1 2022[9]. - Loss before tax for the period was HK$4,590,000, significantly improved from a loss of HK$20,877,000 in the previous year, representing a reduction of 78.0%[9]. - Total comprehensive expenses for the period amounted to HK$4,987,000, compared to HK$20,887,000 in Q1 2022, indicating a decrease of 76.1%[10]. - Basic and diluted loss per share for the quarter was HK$3.23, compared to HK$17.60 in the same period last year, reflecting a 81.7% improvement[10]. - The company reported a loss of HK$4,590,000 for the three months ended March 31, 2023, compared to a loss of HK$20,877,000 for the same period in 2022, representing a 78% improvement in loss[24]. - The Group's financial performance showed significant improvement in loss reduction compared to the previous year, indicating potential for future recovery[9]. Revenue Breakdown - Revenue from Travel Media decreased to HK$800,000 from HK$3,683,000, a decline of 78.3% year-on-year[18]. - Revenue from Financial Magazine and Other Media was HK$8,250,000, down from HK$14,050,000, a decrease of 41.0%[18]. - Money Lending revenue remained stable at HK$271,000, unchanged from the previous year[18]. - Revenue from the Travel Media Business was HK$0.8 million, a decrease of 78% or HK$2.85 million compared to HK$3.7 million for the same period in 2022, representing 8.6% of the Group's total revenue[43]. - Revenue from the Financial Magazine and Other Media Business was HK$8.25 million, contributing 88.8% of the Group's total revenue for the year under review[45]. - Revenue from the money lending business was HK$0.27 million, accounting for 3% of the Group's total revenue for the year, with an outstanding principal amount and accrued interest of approximately HK$9.7 million[53]. Expenses and Cost Management - Selling and distribution costs decreased by HK$5.2 million to HK$3 million, a reduction of 63.4% compared to HK$8.2 million for the same period in 2022[35]. - Administrative expenses decreased by HK$6.5 million to HK$4.8 million, representing a decrease of 57.5% over the corresponding period in 2022[35]. Share Capital and Dividends - The weighted average number of ordinary shares in issue for the purpose of basic loss per share increased to 142,301,000 in Q1 2023 from 118,631,000 in Q1 2022, reflecting a 20% increase[27]. - No interim dividend was recommended for the quarterly period, consistent with the previous year where no dividend was paid[22]. - The Group's total capital structure as of 31 March 2023 included 147,540,930 shares with a total share capital value of approximately HK$5.9 million[39]. - The total issued share capital as of March 31, 2023, was 147,540,930 shares, with Mr. Wang Tao holding a long position of 2,119,950 shares (1.44%) and Mr. Yang Xingan holding 964,550 shares (0.65%)[71]. - As of March 31, 2023, Niu Cheng Jun holds 22,336,184 shares, representing 15.14% of the issued share capital of the Company[77]. Share Options and Employee Incentives - The company has 19,290,900 outstanding share options as of March 31, 2023, compared to none in the previous year[28]. - The total number of share options granted during the reporting period was 19,290,900[95]. - The 2013 Share Option Scheme, adopted on December 31, 2013, will expire on December 31, 2023, allowing the Company to grant share options to eligible participants[81]. - The maximum number of shares that may be issued upon the exercise of all share options under the 2013 Share Option Scheme must not exceed 10% of the issued share capital of the Company at the time of approval[87]. - Options granted under the 2013 Share Option Scheme must be exercised within 10 years from the date of grant, with a nominal consideration of HK$1[91]. - The total number of shares issued upon exercise of share options in any 12-month period shall not exceed 1% of the shares in issue unless approved by shareholders[90]. - The Company aims to provide flexible means to reward eligible participants through the share option scheme[86]. - The Company will seek shareholder approval to refresh the limit of share options to 10% of the shares in issue as needed[87]. Taxation and Reserves - The Group did not report any income tax expense or credit for the quarter[9]. - The effective tax rate for qualifying group entities in Hong Kong is 8.25% on the first HK$2 million of profits, with profits above that taxed at 16.5%[21]. - The company’s reserves as of March 31, 2023, totaled HK$91,916,000, a decrease from HK$96,903,000 at the end of 2022, indicating a decline of approximately 5%[29]. - The company’s retained profits as of March 31, 2023, were negative at HK$75,954,000, worsening from negative HK$71,364,000 at the end of 2022[29]. - The company did not make any transfers to reserve funds from foreign investment enterprises due to a lack of profit after taxation in both periods[32]. Loan and Credit Management - The Group recognized loan impairments due to expected credit losses, indicating an increase in the default rate of borrowers in 2022[60]. - The largest unsecured loan receivable was approximately HK$4,000,000, with three loans due for repayment in 2023[58]. - The Group's loan impairment calculations considered borrowers' financial status, repayment records, and collateral values[60]. - The total gross principal amount of loan receivables was approximately HK$11,000,000, with interest receivables of HK$823,000[56]. - The interest rates for loan receivables ranged from 8% to 10% per annum, with principal amounts between HK$3,500,000 and HK$4,000,000[58]. Corporate Governance - None of the Directors or the chief executive had any interests or short positions in the shares of the Company as of March 31, 2023[68]. - No competing interests were reported among Directors and their close associates during the three months ended March 31, 2023[80]. - The Company has not received any notifications of interests or short positions in shares from any person other than Directors and the chief executive as of March 31, 2023[78]. - The audit committee reviewed the accounting principles and practices adopted by the Group and the unaudited consolidated financial statements for the three months ended 31 March 2023[96]. - The Group's financial statements are unaudited for the first quarter of 2023[96]. - The executive director of Sino Splendid Holdings Limited is Wang Tao[96]. - The report was issued on 12 May 2023[96].

Financial Performance - Revenue for 2022 was HK$66,267,000, an increase of 4.0% from HK$63,663,000 in 2021[17] - Loss for the year was HK$43,023,000, compared to a loss of HK$22,130,000 in 2021, representing an increase in loss of 94.4%[17] - Equity attributable to owners of the Company decreased to HK$100,776,000 from HK$132,518,000, a decline of 24.0%[17] - Total assets decreased to HK$110,423,000 from HK$154,684,000, a reduction of 28.6%[17] - Return on total assets was (38.96%) in 2022, down from (14.31%) in 2021[17] - Return on sales was (64.92%) in 2022, compared to (34.76%) in 2021, indicating worsening profitability[17] - Basic loss per share increased to (31.77) from (18.86) year-on-year[17] - The Group's total revenue increased by HK$2.6 million or 4.09%, from HK$63.7 million in 2021 to HK$66.3 million in 2022, primarily due to revenue growth in the Financial Magazine and Other Media Business[29] - Gross profit decreased by HK$5.4 million or 19.8%, from HK$27.2 million in 2021 to HK$21.8 million in 2022, with a gross profit margin of approximately 32.9% compared to 42.7% in 2021[30] Expenses and Losses - The Group recorded net gains of HK$1.2 million in other income, down from HK$4.7 million in 2021, primarily due to increased realized losses on financial assets[31] - Impairment losses under the expected credit loss model amounted to approximately HK$23.8 million, compared to a reversal of HK$5.7 million in 2021[38] - Selling and distribution costs decreased by HK$2.8 million to HK$4 million, representing a decrease of 41.2% compared to 2021[39] - Administrative expenses decreased by approximately HK$14.4 million to approximately HK$38.1 million, a decrease of 27.3% from 2021[39] - The loss attributable to owners of the Company was HK$43 million for the year ended 31 December 2022, compared to a loss of HK$22.1 million in 2021[40] Business Segments - For the year ended December 31, 2022, the Travel Media Business recorded a revenue of HK$14.9 million, a decrease of 1% or HK$0.1 million compared to HK$15 million in 2021, representing 22.9% of the Group's total revenue[46] - The Travel Media Business incurred a segment loss of HK$8.1 million, an increase of HK$10.6 million from a segment gain of HK$2.5 million in the previous year, primarily due to the absence of government grants during the year[47] - Revenue from the Financial Magazine and Other Media Business was HK$46.9 million, contributing 70.8% of the Group's total revenue, with segment losses amounting to HK$15.4 million[49] Financial Position - As of December 31, 2022, the total market value for held-for-trading investments was approximately HK$6.6 million, with a fair value loss of approximately HK$3.44 million, and a realized loss on financial assets of approximately HK$5 million[50] - The Group's money lending business generated revenue of HK$1.1 million, accounting for 1.66% of the total revenue, with outstanding principal and accrued interest of approximately HK$9.7 million[58] - The Group recorded an expected credit loss of approximately HK$23.8 million due to the impact of the COVID-19 pandemic, compared to a reversal of HK$5.7 million in the previous year[42] - As of December 31, 2022, the total loan receivables amounted to approximately HK$11,000,000 with interest receivables of HK$823,000, compared to no interest receivables in 2021[63] - The interest rates for loan receivables ranged from 8% to 10% per annum, with the largest loan receivable being approximately HK$4,000,000[63] Strategic Outlook - The travel sector is expected to return to 2019 levels by the end of 2023, with nearly 126 million new jobs projected to be created in the next decade[22] - The Group is well positioned to capitalize on the strong long-term demand for advertising and media services as enterprises gradually return to normal operations[22] - The management anticipates potential broader economic downturns due to ongoing challenges from the COVID-19 pandemic, which could negatively impact the Group's financial results[36] - The outlook for 2023 appears positive with expected travel surges, which may increase advertising and exhibition spending[80] - The Group aims to maintain the same operational calendar as 2022, with a gradual increase in advertising and media operations as international travel recovers[81] - The Group will actively expand its customer base and explore business opportunities in the financial magazine and other media sectors[82] Capital and Equity - The Group's total equity decreased to HK$102.8 million as of December 31, 2022, down approximately HK$31.7 million from HK$134.5 million in 2021[88] - Total assets amounted to HK$110.4 million as of December 31, 2022, compared to HK$154.7 million in 2021[88] - The Group's cash and bank balances were HK$31.2 million as of December 31, 2022, down from HK$37.2 million in 2021[88] - The Group issued corporate bonds with a principal amount of HK$6 million, fully repaid by the end of the reporting period[94] - The net proceeds from the corporate bonds were approximately HK$5.95 million, utilized for general working capital[94] Employee and Management - The Group had 42 employees as of December 31, 2022, down from 45 in 2021, with a notable increase in Hong Kong-based employees from 6 to 13[107] - The employee remuneration packages include salaries, insurance, medical cover, and share options, reflecting industry practices[107] - The Group regularly reviews compensation and benefit policies to retain loyal employees and build a professional management team[142] Compliance and Governance - The Group recognizes the importance of compliance with legal and regulatory requirements and is not aware of any non-compliance that significantly impacts its operations[134] - The Directors conducted a review of related party transactions and found no transactions requiring disclosure under GEM Listing Rules[177] - The Directors' fees are subject to shareholders' approval, and other emoluments are reviewed by the remuneration committee based on performance and Group results[186] - The Company received annual confirmations of independence from all independent non-executive Directors, who are considered independent[188] Dividend Policy - The Directors do not recommend the payment of a final dividend for the year ended December 31, 2022[144] - The Group's distributable reserves amounted to Nil as of December 31, 2022, consistent with the previous year[160] - The Company has adopted a dividend policy that allows for the declaration and distribution of dividends to shareholders[161] - The Company has adopted a dividend policy, but there is no assurance that a dividend will be proposed or declared in any specific periods[169][170]