Financial Performance - The total revenue for the year was approximately RMB 62,408,000, a decrease of about 5.0% compared to RMB 65,671,000 in the previous year[9]. - Interest income from the lending business was approximately RMB 33,064,000, accounting for about 53.0% of total revenue, with a year-on-year increase of approximately RMB 2,049,000 or 6.6%[8][9]. - Revenue from the electronic components processing and trading business was approximately RMB 21,204,000, representing a decrease of about RMB 1,050,000 or 4.7% from RMB 22,254,000 in the previous year[9]. - The beauty and personal care services segment generated revenue of approximately RMB 8,140,000, an increase from RMB 3,827,000 in the previous year[9]. - The company reported a loss attributable to owners of approximately RMB 52,801,000, an increase of about RMB 43,372,000 or 460.0% compared to RMB 9,429,000 in the previous year[11]. - The net loss from other income and expenses shifted from a net gain of approximately RMB 167,000 to a net loss of RMB 14,598,000, primarily due to losses from the sale of a subsidiary[10]. Expenses and Financial Management - General and administrative expenses increased by approximately RMB 2,317,000 or 8.6% to RMB 29,314,000 due to higher corporate expenses[11]. - Financial expenses decreased by approximately RMB 331,000 or 6.3% to RMB 4,910,000, mainly due to lower interest expenses on unsecured bonds[11]. - The impairment loss on interests in joint ventures for the year was approximately RMB 2,540,000, compared to RMB 1,170,000 in 2021[12]. - The expected credit loss provision for the year was approximately RMB 28,339,000, up from RMB 18,149,000 in 2021[12]. - The impairment provision for loans receivable was approximately RMB 80,909,000, compared to RMB 57,618,000 in 2021, primarily due to adverse impacts from prolonged pandemic and economic recession[13]. Assets and Liabilities - As of December 31, 2022, the group's trade receivables, loans receivable, and other receivables amounted to approximately RMB 339,693,000, an increase from RMB 316,223,000 in 2021[12]. - The current ratio as of December 31, 2022, was 29.5 times, significantly up from 5.6 times in 2021[14]. - The debt-to-asset ratio was approximately 18.2% as of December 31, 2022, down from 19.5% in 2021[15]. - The group had no lease liabilities as of December 31, 2022[16]. Corporate Governance - The board of directors is responsible for formulating the group's strategic policies and overseeing company affairs to enhance shareholder value[37]. - The board meets regularly, typically four times a year, to review and approve the group's financial and business performance[38]. - The board of directors consists of five members, including two executive directors and three independent non-executive directors[42]. - The attendance rate for the board meetings in 2022 was 100% for the independent non-executive directors, with one executive director attending 60% of the meetings[40]. - The company has adopted a nomination policy to ensure that new directors possess relevant business, financial, and management skills[54]. Risk Management and Compliance - The company has established a credit policy and procedures manual to manage lending risks effectively[156]. - The company is actively monitoring risks associated with its business operations to implement timely measures[158]. - The company has a dedicated audit committee to ensure compliance with corporate governance and disclosure requirements[149]. - The company has not reported any legal cases concluded during the reporting period[151]. Environmental and Social Responsibility - The total greenhouse gas emissions for the reporting period were 17.5 tons of CO2 equivalent, with an emission density of 0.7 tons of CO2 equivalent per employee[112]. - The group has implemented an environmental office management strategy, including a "paperless" initiative to reduce paper consumption and promote recycling[115]. - The group actively engages in stakeholder communication through financial reports and ESG reports to inform stakeholders about its operational status[104]. - The group identifies key ESG issues such as employment, labor standards, health and safety, customer privacy protection, and anti-corruption as significant for its operations[108]. Employee Relations and Training - Employee turnover rate for the total workforce was 15%, with a notable 27% for male employees[129]. - The company employs a total of 26 employees, with 15 females and 11 males[129]. - A total of 19 employees received training during the reporting period, representing 73% of the total trained employees[137]. - The average training hours per employee was 40.1 hours, with administrative staff receiving an average of 45.2 hours[137]. Shareholder Communication and Dividends - The company emphasizes effective communication with shareholders, encouraging participation in all shareholder meetings[90]. - The company has a dividend policy established in March 2019, which considers various factors before declaring dividends[93]. - The board has discretionary power regarding dividend payments, subject to shareholder approval[94]. - The group has not declared a final dividend for the year[170].

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，並明確表示概不會就本公告之全部或任 何部分內容，或因倚賴本公告之該等內容而引致之任何損失承擔任何責任。 HAO WEN HOLDINGS LIMITED 皓 文 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8019） 截至二零二二年十二月三十一日止年度之 全年業績公佈 皓文控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至二零二二年十二月三十一日止年度之全年業績。 本公告載有本公司二零二二年全年報告全文，乃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」）中有關全年業績初步公佈附載資料之相關 要求。 承董事會命 皓文控股有限公司 執行董事 馮科明 ...

Financial Performance - The group's revenue for the nine months ended September 30, 2022, was approximately RMB 46,382,000, a decrease of about 8.4% compared to RMB 50,640,000 for the same period in 2021[6] - The loss attributable to owners of the company for the nine months ended September 30, 2022, was approximately RMB 3,357,000, with a loss per share of RMB 1.121[6] - The group reported a gross profit of RMB 29,169,000 for the nine months ended September 30, 2022, compared to RMB 28,126,000 for the same period in 2021[9] - The operating profit for the nine months ended September 30, 2022, was RMB 542,000, a significant decrease from RMB 3,625,000 in the same period of 2021[9] - The total comprehensive income for the nine months ended September 30, 2022, was RMB 39,400,000, compared to a loss of RMB 5,626,000 for the same period in 2021[10] - The company reported a loss of RMB 3,357,000 for the nine months ended September 30, 2022, compared to a loss of RMB 638,000 for the same period in 2021, indicating a significant increase in losses[29] - The basic loss per share for the nine months ended September 30, 2022, was RMB 11.21, compared to a loss of RMB 2.48 per share for the same period in 2021[29] Revenue Breakdown - Revenue from the sale of electronic components decreased to RMB 14,541,000 for the nine months ended September 30, 2022, from RMB 19,527,000 in the previous year[16] - Revenue from the electronic components trading and processing business decreased by approximately RMB 4,986,000 or 25.5% to about RMB 14,541,000, compared to RMB 19,527,000 in 2021[35] - Interest income from lending operations increased to RMB 23,846,000 for the nine months ended September 30, 2022, compared to RMB 22,538,000 in the same period of 2021[16] - Interest income from the lending business reached approximately RMB 23,846,000, accounting for about 51.4% of total revenue[37] Expenses and Liabilities - The group incurred general and administrative expenses of RMB 22,718,000 for the nine months ended September 30, 2022, down from RMB 26,046,000 in the previous year[9] - Financial expenses for the nine months ended September 30, 2022, were RMB 3,856,000, slightly down from RMB 3,945,000 in the same period of 2021[24] - Employee costs totaled RMB 3,428,000 for the nine months ended September 30, 2022, compared to RMB 1,524,000 in the same period of 2021, reflecting a substantial increase[24] - The company incurred tax expenses of RMB 142,000 for the nine months ended September 30, 2022, while there were no tax expenses reported for the same period in 2021[26] - The company’s total liabilities increased to RMB 11,545,000 as of September 30, 2022, compared to RMB 8,406,000 in the same period of 2021, indicating a rise of approximately 37.5%[20] Stock Options and Corporate Governance - As of September 30, 2022, there were 217,000 unexercised stock options under the company's stock option plan, which was adopted on November 15, 2019[54] - The estimated fair value of the stock options granted on April 8, 2022, was approximately HKD 2,434,000 (equivalent to about RMB 1,975,000), which has been deducted as share-based compensation expense in the profit and loss for the period[60] - The exercise price of the stock options granted was HKD 0.25, with a historical volatility of 90.18% and a risk-free rate of 1.94%[59] - The company has complied with the corporate governance code as per GEM Listing Rules, with no known deviations during the reporting period[70] Audit and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial results for the period and found no significant issues to report to the board[67] - No major shareholders or related parties held interests or short positions in the company's shares that required disclosure under the Securities and Futures Ordinance[51] - The company did not engage in any purchase, sale, or redemption of its listed securities during the reporting period[68] - There were no significant events occurring after the reporting period that would impact the financial statements[71] Future Plans - The group plans to focus on expanding the beauty care services and electronic components trading and processing businesses in the future[38]

Financial Performance - The group's unaudited revenue for the six months ended June 30, 2022, was approximately RMB 29,870,000, a decrease of about 13.6% compared to RMB 34,560,000 for the same period in 2021[5] - The loss attributable to owners of the company for the six months ended June 30, 2022, was approximately RMB 5,197,000, compared to a loss of RMB 1,059,000 for the same period in 2021[5] - The basic and diluted loss per share for the six months ended June 30, 2022, was RMB 1.90, compared to RMB 0.39 for the same period in 2021[10] - The gross profit for the six months ended June 30, 2022, was RMB 18,631,000, down from RMB 19,533,000 in the same period of 2021[8] - The total comprehensive income for the period was RMB 9,158,000, compared to a loss of RMB 5,260,000 for the same period in 2021, primarily due to foreign exchange gains[8] - The company reported a total revenue of RMB 16,530 million for the six months ended June 30, 2022, compared to RMB 14,872 million for the same period in 2021, representing a growth of approximately 11.1%[30] - The financial loss before tax for the period was RMB 7,918 million, compared to a loss of RMB 2,106 million in the previous year, indicating a significant increase in losses[30] Assets and Liabilities - Non-current assets as of June 30, 2022, amounted to RMB 114,436,000, a decrease from RMB 169,024,000 as of December 31, 2021[13] - Current liabilities increased to RMB 31,524,000 as of June 30, 2022, compared to RMB 21,284,000 as of December 31, 2021[15] - The company's total assets less current liabilities were RMB 371,455,000 as of June 30, 2022, compared to RMB 326,615,000 as of December 31, 2021[15] - The total assets of the company were RMB 403,115 million as of June 30, 2022, compared to RMB 360,846 million at the end of the previous year, showing an increase of approximately 11.7%[31] - The company’s total liabilities were RMB 170,03 million, with a significant portion attributed to unallocated corporate liabilities[32] - The group’s total liabilities to total assets ratio was approximately 22.0% as of June 30, 2022, compared to 19.5% as of December 31, 2021[57] Cash Flow - The net cash used in operating activities was RMB (19,034,000), a significant decline from RMB 7,230,000 in the previous year[20] - The cash and cash equivalents balance as of June 30, 2022, was RMB 5,844,000, an increase from RMB 4,697,000 in the previous year[20] - The financing activities generated a net cash inflow of RMB 17,037,000, compared to a cash outflow of RMB (18,000) in the previous year[20] - The company reported a net decrease in cash and cash equivalents of RMB (1,997,000) for the period[20] - The impact of foreign currency exchange rate changes resulted in an increase of RMB 2,228,000 in cash and cash equivalents[20] Revenue Breakdown - Interest income from lending activities was RMB 14,847,000, slightly up from RMB 14,704,000 in the previous year[27] - Revenue from the sale of electronic components was RMB 10,437,000, down from RMB 11,281,000 in the same period last year[27] - The beauty service segment generated revenue of RMB 4,586,000, with no revenue reported in the same period last year[27] - Revenue from the electronic components trading and processing business decreased by approximately RMB 844,000 or 7.5% to about RMB 10,437,000, while revenue from the newly started beauty services business was approximately RMB 4,586,000[52] - Interest income from the lending business reached approximately RMB 14,847,000, accounting for about 49.7% of total revenue[55] Employee Costs - Employee costs totaled RMB 2,913 million for the six months ended June 30, 2022, compared to RMB 1,015 million in the previous year, reflecting a substantial increase[35] - As of June 30, 2022, the employee costs, including director remuneration, amounted to RMB 2,913,000, an increase from RMB 1,015,000 in the previous year[68] Dividends and Shareholder Actions - The company does not recommend the payment of an interim dividend for the six months ended June 30, 2022[5] - The company did not declare an interim dividend for the six months ended June 30, 2022, consistent with the previous year[39] - The company completed a placement of 51,500,000 shares at a price of HKD 0.22 per share, raising approximately HKD 11,050,000, which was fully utilized for bond repayment[64] - The company did not purchase, sell, or redeem any of its shares during the reporting period[87] Financial Commitments and Investments - There were no significant investments or acquisitions during the reporting period[65][66] - The company reported no major financial commitments as of June 30, 2022[61] - The company has no specific plans for significant investments or capital assets as of June 30, 2022[67] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim results and found them to comply with applicable standards and regulations[86] - There were no changes in the directors' information that required disclosure since the publication of the annual report in 2021[83] - The company did not engage in any arrangements that would allow directors and key executives to benefit from purchasing the company's shares or debt securities as of June 30, 2022[81] Miscellaneous - The company has a stock option plan with 25,817,000 unexercised options as of June 30, 2022[74] - The fair value of stock options granted on April 8, 2022, was approximately HKD 2,434,000 (equivalent to about RMB 1,975,000)[79] - There were no significant events occurring after the reporting period[91] - There were no major foreign exchange hedging policies implemented during the reporting period[63] - The company had no pledged assets or significant contingent liabilities as of June 30, 2022[60][70] - As of June 30, 2022, the company employed 25 staff members in Hong Kong and China[68]

Financial Performance - The group's revenue for the three months ended March 31, 2022, was approximately RMB 14,998,000, a decrease of about 16.8% compared to RMB 18,030,000 for the same period in 2021[5] - The loss attributable to owners of the company for the three months ended March 31, 2022, was approximately RMB 3,091,000, compared to a profit of RMB 6,930,000 for the same period in 2021[8] - The basic and diluted loss per share for the three months ended March 31, 2022, was RMB 1.20, compared to earnings of RMB 2.69 per share for the same period in 2021[8] - The group's gross profit for the three months ended March 31, 2022, was RMB 9,244,000, down from RMB 10,068,000 in the same period of 2021[7] - The group reported a total comprehensive loss of RMB 5,907,000 for the three months ended March 31, 2022, compared to a total comprehensive income of RMB 8,527,000 for the same period in 2021[8] - The company recorded a pre-tax loss of RMB 3,091,000 for the three months ended March 31, 2022, compared to a profit of RMB 6,930,000 in the same period last year[24] - The company reported a net loss attributable to owners of approximately RMB 3,091,000, a decrease of about RMB 10,021,000 or 144.6% compared to a profit of RMB 6,930,000 in the same period last year[31] Revenue Breakdown - Revenue from electronic components processing and trading increased by approximately RMB 1,405,000 or 27.4% to about RMB 6,527,000, up from RMB 5,122,000 in the previous year[30] - The company generated revenue of approximately RMB 1,603,000 from newly introduced beauty care services during the period[30] - Interest income from lending activities amounted to approximately RMB 6,868,000, accounting for about 45.8% of total revenue[34] - Revenue from the electronic components processing and trading segment was approximately RMB 6,527,000, representing 43.5% of total revenue[34] - The newly launched beauty care services segment generated approximately RMB 1,603,000 in revenue, contributing 10.7% to total revenue[34] Expenses and Costs - The company experienced a significant increase in administrative expenses, which were RMB 4,286,000 for the three months ended March 31, 2022, compared to RMB 7,245,000 in the same period of 2021[7] - The total employee costs were RMB 13,466,000, slightly down from RMB 13,496,000 in the previous year[22] - The company incurred financial expenses of RMB 1,284,000, a decrease from RMB 1,322,000 in the previous year[22] - General and administrative expenses decreased by approximately RMB 2,959,000 or 40.8% to about RMB 4,286,000 due to reduced company activities during the period[31] - Financial expenses decreased by approximately RMB 38,000 or 2.9% to RMB 1,284,000, primarily due to interest expenses on unsecured bonds[31] Dividends and Shareholder Actions - The company did not recommend any dividend payment for the three months ended March 31, 2022[5] - The company did not recommend any dividend payment for the period, consistent with the previous year[29] Corporate Governance and Compliance - The company confirmed compliance with the corporate governance code during the reporting period, with no known deviations[56] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited performance for the period and found no significant issues to report to the board[53] - There were no competitive interests identified among directors or major shareholders during the period[53] - The company has adopted the standards for securities trading by directors as per GEM Listing Rules[55] - The company has not participated in any arrangements that would benefit directors or key executives through the purchase of shares or debt securities[49] Company Operations and Market Conditions - The company is primarily engaged in lending, processing and trading electronic components, and providing beauty services[11] - The company has maintained stable demand in the loan market, indicating a steady business environment[30] - The company did not have any significant capital commitments or major investments planned as of March 31, 2022[37] - There were no significant acquisitions or disposals during the period[38] - The company employed approximately 30 staff members in Hong Kong and China as of March 31, 2022[39] Future Plans and Share Options - The company granted a total of 25,757,000 share options to employees under the share option scheme on April 8, 2022, for shares with a par value of HKD 0.01 each[57] - The company entered into a placement agreement on May 5, 2022, to conditionally issue and place up to 51,500,000 placement shares at a price of HKD 0.22 per share, with expected total proceeds of approximately HKD 11,330,000[57] - The board will continue to review the current situation regarding the non-executive directors' appointment terms and make necessary changes when appropriate[56] Financial Reporting Standards - The company has adopted new and revised International Financial Reporting Standards effective from January 1, 2022, but these did not have a significant impact on the group's financial performance[11]

Financial Performance - The total revenue for the year was approximately RMB 65,671,000, representing an increase of about 24.3% compared to 2020[8]. - Interest income from the lending business was approximately RMB 31,015,000, accounting for about 47.2% of total revenue[10]. - Revenue from the electronic components processing and trading business was approximately RMB 22,254,000, contributing 33.9% to total revenue, with a year-on-year increase of 31.8%[11]. - The newly initiated beauty care services generated revenue of approximately RMB 3,827,000, accounting for 5.8% of total revenue[10]. - The funeral services business generated revenue of approximately RMB 8,575,000, which is an increase of 67.8% year-on-year[11]. - The total revenue from the funeral services business was RMB 8,575,000, which accounted for 13.1% of total revenue[10]. - The company recorded a loss of approximately RMB 9,597,000 primarily due to impairment losses on associates and goodwill[8]. - The loss attributable to the company's owners decreased to RMB 9,429,000 from RMB 25,571,000, a reduction of approximately RMB 16,142,000 or 63.1% compared to the previous year[13]. Expenses and Financial Management - General and administrative expenses increased by approximately RMB 990,000 or 3.8% to RMB 26,997,000 due to higher corporate expenses[12]. - The company's financial expenses increased by approximately RMB 584,000 or 12.5% to RMB 5,241,000, primarily due to interest expenses on unsecured bonds[13]. - The impairment loss on interests in associates was approximately RMB 1,170,000, down from RMB 3,367,000 in the previous year[14]. - The expected credit loss provision decreased to approximately RMB 18,149,000 from RMB 22,138,000 in the previous year[15]. - The current ratio as of December 31, 2021, was 5.6 times, down from 33.3 times in 2020[16]. - The debt-to-asset ratio was approximately 19.5% as of December 31, 2021, compared to 15.4% in the previous year[17]. Business Strategy and Future Plans - The company plans to invest more resources into the beauty care services while ensuring stability in the lending and electronic components businesses[8]. - The company aims to explore other potential investment opportunities to broaden revenue sources[8]. - The company plans to invest continuously in the processing and trading of electronic components to achieve product upgrades and implement various cost-saving and quality improvement measures[33]. - The ongoing COVID-19 pandemic continues to impact the global economy, which may further affect the company's financial performance[33]. Corporate Governance - The board consists of five members, including two executive directors and three independent non-executive directors[47]. - The independent non-executive directors have confirmed their independence in accordance with GEM Listing Rules[48]. - The nomination committee held one meeting in 2021, with all members attending[56]. - The nomination committee reviewed the current board structure, size, composition, and diversity policies[58]. - The company has adopted a nomination policy to ensure that appointed directors possess relevant business, financial, and management skills[59]. - The board is responsible for the final selection and appointment of new directors based on recommendations from the nomination committee[59]. - The independent non-executive director, Mr. Chan, has over 10 years of experience in auditing and accounting[47]. - The company ensures that all independent non-executive directors do not have any family, financial, or business relationships with other board members[49]. - The company complies with GEM Listing Rules requiring at least three independent non-executive directors, with one having appropriate professional qualifications[47]. - The board members are subject to re-election at least once every three years, ensuring regular assessment of their performance[55]. - The board consists of five directors, with three females and two males, reflecting a commitment to gender diversity[64]. - The nomination committee reviews the board composition annually to ensure it possesses the necessary expertise and experience for effective decision-making[63]. - The company has adopted a board diversity policy, recognizing the benefits of diverse backgrounds and experiences among board members[63]. - The remuneration committee is responsible for recommending the compensation policies for all directors and senior management, ensuring alignment with governance standards[74]. - In 2021, the remuneration committee reviewed and approved the compensation packages for directors, including three independent non-executive directors[75]. - The company emphasizes the importance of ongoing professional development for directors, ensuring they are updated on relevant laws and governance practices[66]. - All directors have access to board documents, meeting records, and related information to facilitate informed decision-making[72]. - The company has established guidelines for securities trading by directors to comply with GEM listing rules[68]. - The board's diversity policy considers various factors, including gender, age, cultural background, and professional experience[63]. - The company encourages directors to participate in continuous professional development seminars to enhance their skills and knowledge[65]. - The remuneration committee held one meeting in 2021[77]. - Attendance rate for the remuneration committee meeting was 100% for all directors present[78]. Audit and Internal Control - The company incurred audit fees of approximately RMB 514,000 for the statutory audit for the year ended December 31, 2021[81]. - The audit committee held seven meetings in 2021, with full attendance from all members[87][88]. - The audit committee reviewed the audited financial statements for the year ended December 31, 2020, and the interim report for the six months ended June 30, 2021[89]. - The board has reviewed the effectiveness of the internal control system and deemed it effective and adequate as of December 31, 2021[85]. - The company appointed an independent internal control consultant to conduct an annual review of the internal control system[84]. - The board is responsible for ensuring the establishment and maintenance of an appropriate and effective risk management and internal control system[82]. - The company has adopted all applicable International Financial Reporting Standards in preparing its financial statements[81]. - The audit committee's work and review results were reported to the board, with no significant issues requiring disclosure in the annual report[89]. Shareholder Communication and Dividend Policy - The company emphasizes shareholder communication and encourages participation in all shareholder meetings, providing opportunities for dialogue with management[96]. - The board of directors has a discretion to declare dividends based on various factors, including the group's actual and expected financial performance and capital requirements[101]. - The company has established a dividend policy since March 2019, which includes appropriate procedures for declaring and recommending dividends[101]. - The board of directors is committed to regularly reviewing and reassessing the effectiveness of the dividend policy[103]. - The company maintains communication channels with shareholders and investors, providing timely access to financial information and corporate governance details through its website[109]. - The company has engaged professional investor relations services to facilitate communication with existing and potential investors[109]. - The attendance rate of executive and independent non-executive directors at the 2021 annual general meeting was recorded, with some directors unable to attend due to other commitments[100]. - The company adheres to the GEM listing rules and has established a series of communication channels to disclose all necessary information to shareholders[108]. - The company encourages shareholders to opt for electronic communication to enhance effective communication and align with environmental interests[109]. Environmental and Social Responsibility - The ESG report outlines the company's performance in environmental, social, and governance aspects for the year ending December 31, 2021, covering four main business areas: lending, electronic component processing and trading, beauty services, and funeral services[112]. - The total greenhouse gas emissions for the reporting period amounted to 19.6 tons of CO2 equivalent, all from indirect emissions generated from purchased electricity[123]. - The total energy consumption during the reporting period was 32.1 MWh, with a density of 1.1 MWh per employee[129]. - The total water consumption was 578.0 cubic meters, with a density of 19.3 cubic meters per employee[129]. - The company has implemented a series of environmental protection rules and standards to enhance employees' awareness of environmental conservation[121]. - The company has adopted a "paperless" approach, utilizing electronic documents and encouraging double-sided printing to reduce paper consumption[127]. - The company actively engages in waste management by classifying, recycling, and disposing of waste through qualified professional waste recycling companies[125]. - The company has set a goal to explore various effective measures to enhance its environmental protection levels, including establishing a sustainability task force[128]. - The company has not violated any environmental protection laws and regulations related to emissions during the reporting period[122]. - The company encourages employees to participate in various environmental activities to enhance their awareness of environmental protection[130]. Employee Management and Development - The total number of employees is 30, with a turnover rate of 10%[139]. - Female employees account for 53.3% of the workforce, with a turnover rate of 0%, while male employees make up 46.7% with a turnover rate of 21%[139]. - Among administrative staff, the turnover rate is 0%, while general employees have a turnover rate of 17%[139]. - The turnover rate for employees aged 41-50 and those over 50 is 33%[139]. - The company has not recorded any work-related deaths or serious injuries in the past three years[143]. - The company emphasizes the importance of employee training and development, providing internal promotion opportunities for high-performing staff[144]. - The company has established a comprehensive compensation and incentive system to attract and retain talent[134]. - The company has implemented safety measures and training to ensure a safe working environment, with no significant safety incidents reported[141]. - The company maintains a work environment free from discrimination based on gender, age, nationality, and other factors[136]. - A total of 20 employees received training, representing 67% of the total trained employees[147]. - Female employees accounted for 55% of the trained workforce, while male employees made up 45%[147]. - Administrative staff received an average of 165.0 hours of training per employee, compared to 72.3 hours for general employees[147]. - The average training hours per employee was 109.4 hours, with female employees receiving 133.1 hours and male employees receiving 82.3 hours[147]. Supply Chain and Market Position - The company has a total of 15 suppliers, with 1 located in Hong Kong and 14 in China[152]. - The company provided secured and unsecured loans, including personal loans, mortgage loans, and corporate loans[153]. - The company reported 0% of sold or shipped products were subject to recall in 2021[157]. - There were no complaints received regarding products and services during the reporting period[157]. - The company strictly prohibits child labor and forced labor in compliance with local and international labor laws[148]. - The company maintains a commitment to anti-corruption and regularly reviews internal governance mechanisms[159]. - The company reported zero legal cases concluded during the reporting period[161]. - The top five customers accounted for approximately 18.5% of the total revenue, while the top five suppliers represented about 36.4% of total purchases[178]. - The largest customer contributed around 4.5% to the total revenue, and the largest supplier accounted for approximately 10.4% of total purchases[178]. - The company is actively researching corporate social responsibility initiatives and community investment activities[161]. - The company has not identified any incidents of corruption or fraud during the reporting period[160]. - The company faces significant competition in its electronic components trading business, primarily operating in China[166]. - The company is exposed to market risks due to economic, political, and legal changes in Hong Kong and China[169]. - The company has implemented internal policies to manage lending risks, but significant customer defaults could adversely affect financial performance[166]. - The company maintains a liquidity risk management strategy to ensure sufficient cash flow and credit facilities[173]. Shareholder and Financial Transactions - The board does not recommend the payment of a final dividend for the year[180]. - There were no purchases, sales, or redemptions of the company's shares during the year[182]. - As of December 31, 2021, the company had no bank or other borrowings[187]. - There were no related party transactions conducted by the group during the year[191]. - As of December 31, 2021, the company had no distributable reserves for shareholders[185]. - The company has no significant contracts with its controlling shareholders as defined by GEM listing rules[194]. - As of December 31, 2021, the company’s directors and senior management held a total of 6,438,000 shares, representing approximately 2.49% of the company[199]. - There were no major transactions, arrangements, or contracts involving directors or their associates during the year[198]. - The company did not establish any management or administrative contracts related to its business during the year[195]. - There were no individuals holding 10% or more of the company's shares as of December 31, 2021[200].

HAO WEN HOLDINGS LIMITED 皓文控股有限公 司 (於開曼群島註冊成立之有限公司） 股份代號: 8019 2021 第三季度業績報告 皓文控股有限公司 第三季度業績報告 2021 GEM 的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶 來較高投資風險。有意投資的人士應了解投資該等公司的潛在風險，並應經過審慎周詳考慮後方 可作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於主板買賣之證券承受較大 的市場波動風險，同時無法保證在GEM 買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，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報告全部或任何部份內容而產生或因依賴該等內容而引致之任何 損失承擔任何責任。 01 香港聯合交易所有限公司（「聯交所」）GEM 之特色 本報告包括根據《聯交所GEM證券上市規則》（「GEM上市規則」）規定提供皓文控股有限公司（「本 公司」）之資料，本公司各董事（「董事」）對本報告共同及個別承擔全部責任。董事在作出一切合理 查詢後確認，就彼等所知及所信， ...

Financial Performance - The group's unaudited revenue for the six months ended June 30, 2021, was approximately RMB 34,560,000, representing an increase of about 63.0% compared to RMB 21,197,000 for the same period in 2020[6] - The loss attributable to owners of the company for the six months ended June 30, 2021, was approximately RMB 1,014,000, compared to a loss of RMB 807,000 for the same period in 2020[6] - The basic and diluted loss per share for the six months ended June 30, 2021, was RMB 0.39, compared to RMB 0.38 for the same period in 2020[6] - The gross profit for the six months ended June 30, 2021, was RMB 19,533,000, compared to RMB 15,403,000 for the same period in 2020[9] - Operating profit for the six months ended June 30, 2021, was RMB 1,963,000, compared to RMB 1,545,000 for the same period in 2020[9] - The total comprehensive loss for the six months ended June 30, 2021, was RMB 5,260,000, compared to a total comprehensive income of RMB 5,219,000 for the same period in 2020[10] - The company reported a significant increase in sales costs, which rose to RMB 15,027,000 for the six months ended June 30, 2021, compared to RMB 5,794,000 for the same period in 2020[9] - The company recorded a total operating loss of RMB 1,059,000 for the period, compared to a loss of RMB 813,000 in the previous year[30] - The company reported a pre-tax loss of RMB 1,014,000 for the six months ended June 30, 2021, compared to a loss of RMB 807,000 in the same period of 2020, indicating an increase in losses[47] Cash Flow and Assets - The net cash generated from operating activities for the six months ended June 30, 2021, was RMB 7,230,000, compared to RMB 4,607,000 in 2020, representing a 56% increase[20] - The company reported a net cash decrease of RMB 4,127,000 for the six months ended June 30, 2021, compared to an increase of RMB 2,355,000 in the same period of 2020[20] - The cash and bank balances at June 30, 2021, stood at RMB 4,697,000, an increase from RMB 3,826,000 in 2020[20] - The company's non-current assets as of June 30, 2021, amounted to RMB 104,393,000, down from RMB 138,626,000 as of December 31, 2020[12] - The company's total assets less current liabilities as of June 30, 2021, were RMB 356,866,000, compared to RMB 360,046,000 as of December 31, 2020[14] - As of June 30, 2021, the company's current assets were approximately RMB 260,204,000, up from RMB 228,270,000 as of December 31, 2020[62] - The company's current ratio remained stable at approximately 33.7 times as of June 30, 2021, compared to 33.3 times as of December 31, 2020[62] Revenue Breakdown - Revenue from the sale of electronic components increased significantly to RMB 11,281,000 in 2021 from RMB 6,291,000 in 2020, marking an 80% growth[27] - Revenue from the electronic components processing and trading business increased by approximately RMB 4,990,000 or 79.3% to about RMB 11,281,000, driven by a rebound in demand in China[58] - The funeral services business generated revenue of approximately RMB 8,575,000, representing 24.8% of total revenue[61] - Sales from cemetery services amounted to RMB 8,575,000 in 2021, with no revenue reported in 2020[27] - Interest income from lending activities was RMB 14,704,000 for the six months ended June 30, 2021, slightly down from RMB 14,906,000 in 2020, indicating a decrease of 1.4%[27] - The company earned interest income from lending activities of approximately RMB 14,704,000, accounting for about 42.6% of total revenue[61] Expenses and Liabilities - Financial expenses, including interest on unsecured bonds, amounted to RMB 2,632,000 for the six months ended June 30, 2021, up from RMB 2,252,000 in 2020[38] - Total employee costs for the six months ended June 30, 2021, were RMB 1,015,000, a decrease from RMB 1,200,000 in the same period of 2020[38] - The company recorded a fair value loss on financial assets of RMB 3,367,000 for the six months ended June 30, 2021, compared to a loss of RMB 1,199,000 in 2020[35] - The financial assets recorded a fair value loss of RMB 3,367,000 for the six months ended June 30, 2021, compared to a loss of RMB 1,199,000 in 2020[30] - The total amount of trade payables as of June 30, 2021, was RMB 1,833,000, slightly down from RMB 1,904,000 as of December 31, 2020[54] Dividends and Share Options - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2021[6] - The company did not declare an interim dividend for the six months ended June 30, 2021, consistent with the previous year[46] - As of June 30, 2021, there are 21,460,000 unexercised share options under the share option plan, with an exercise price of HKD 0.20 per share[77] - No share options were granted, exercised, cancelled, or lapsed during the reporting period[78] Corporate Governance - The audit committee, established in July 2001, consists of three independent non-executive directors and reviews the group's financial reporting procedures and internal controls[83] - The company has adopted the GEM Listing Rules for the conduct of securities trading by directors[85] - The company and its subsidiaries did not engage in any arrangements that would benefit directors or key executives through the purchase of the company's shares or debt securities as of June 30, 2021[79] - There were no purchases, sales, or redemptions of the company's shares by the company or its subsidiaries during the reporting period[84] - The company has not applied any new standards or interpretations that have a significant impact on its financial performance during the reporting period[24] - No significant events occurred after the reporting period[91] Future Outlook - The company plans to continue investing in the electronic components business to achieve product upgrades and explore other potential investment opportunities[61] - The average credit period granted to customers remained between 90 to 120 days, unchanged from 2020[51] - The aging analysis of trade receivables showed that amounts overdue by more than 180 days were RMB 266,497,000 as of June 30, 2021, down from RMB 281,398,000 in December 2020[55]

Financial Performance - The group's revenue for the three months ended March 31, 2021, was approximately RMB 18,030,000, an increase of about 100.9% compared to RMB 8,976,000 for the same period in 2020[6] - The profit attributable to the owners of the company for the same period was approximately RMB 6,930,000, compared to RMB 587,000 in the previous year[6] - Basic and diluted earnings per share were approximately RMB 2.691, up from RMB 0.273 in the prior year[9] - The gross profit for the three months ended March 31, 2021, was RMB 10,068,000, compared to RMB 7,453,000 for the same period in 2020[8] - Operating profit for the period was RMB 8,576,000, significantly higher than RMB 1,596,000 in the previous year[8] - The total comprehensive income for the period was RMB 8,527,000, compared to RMB 6,112,000 in the same period last year[9] - The company recorded a profit before tax of RMB 7,257,000, compared to a profit of RMB 629,000 in the previous year[19] - The net profit attributable to the company's owners increased to approximately RMB 6,930,000, a rise of about RMB 6,343,000 or 1,080.6% compared to the same period last year[25] Revenue Breakdown - Revenue from electronic components processing and trading increased by approximately RMB 3,323,000 or 184.7% to about RMB 5,122,000, driven by a rebound in demand in China[24] - The funeral services business generated revenue of approximately RMB 5,930,000 during the period[24] - Interest income from the loan portfolio was approximately RMB 6,978,000, slightly down from RMB 7,177,000 in the same period last year, reflecting a decrease of about RMB 199,000 or 2.8%[24] - Interest income from lending activities reached approximately RMB 6,978,000, accounting for about 38.7% of total revenue[28] - Revenue from the processing and trading of electronic components amounted to approximately RMB 5,122,000, representing 28.4% of total revenue[28] - The funeral services business generated revenue of approximately RMB 5,930,000, contributing 32.9% to total revenue[28] Expenses and Costs - The company incurred financial expenses of RMB 1,322,000, an increase from RMB 1,119,000 in the previous year[17] - General and administrative expenses increased by approximately RMB 2,533,000 or 53.8% to about RMB 7,245,000 due to increased company activities during the period[25] - Financial expenses rose by approximately RMB 203,000 or 18.1% to RMB 1,322,000, primarily due to interest expenses on unsecured bonds[25] - The total employee costs for the period were RMB 509,000, down from RMB 555,000 in the same period last year[17] Dividend Policy - The company did not recommend any dividend payment for the three months ended March 31, 2021[6] - The company did not declare any dividends for the period, consistent with the previous year[23] Governance and Management - The financial statements were prepared in accordance with International Financial Reporting Standards and comply with the GEM Listing Rules[12] - The board of directors includes both executive and independent non-executive members, indicating a structured governance approach[47] - The board composition includes diverse members, which may enhance decision-making and strategic direction[47] - The board meeting was held on May 12, 2021, reflecting the company's commitment to regular oversight and strategic decision-making[47] Market and Operational Impact - The company is closely monitoring the impact of COVID-19 on its financial condition, cash flow, and operational performance, but cannot reasonably estimate the effects at this time[46] - The ongoing global pandemic has led to a series of preventive measures affecting business and economic activities, which the company is evaluating[46] - The company has not provided specific financial guidance due to the dynamic nature of the COVID-19 situation[46] - The company is assessing the long-term implications of the pandemic on its market strategies and operational adjustments[46] - The company is focused on maintaining transparency regarding the pandemic's impact on its operations and financial outlook[46] - The company has not disclosed any new product developments or market expansion strategies in the current report[46] - The company is committed to evaluating its financial performance in light of ongoing global challenges[46] Capital and Staffing - The company's asset-liability ratio was approximately 17.5%, up from 15.4% as of December 31, 2020[34] - The company did not have any significant capital commitments or contingent liabilities as of March 31, 2021[30][36] - There were no major investments or acquisitions during the period[31][32] - The company employed approximately 27 staff members in Hong Kong and China as of March 31, 2021[33]

Financial Performance - Total revenue for the year was approximately RMB 52,824,000, a decrease of about 16.2% compared to 2019[28]. - Interest income from lending operations reached approximately RMB 30,833,000, accounting for about 58.4% of total revenue[31]. - Revenue from the electronic components processing and trading business decreased by approximately RMB 14,396,000 or 46.0% to about RMB 16,882,000[32]. - The funeral services business generated revenue of approximately RMB 5,109,000, representing about 9.6% of total revenue[31]. - The company recorded a loss attributable to owners of approximately RMB 25,571,000, an increase of about RMB 521,000 or 2.1% compared to the previous year[33]. - The decrease in revenue was mainly due to the impact of COVID-19 and the US-China trade war, which led to reduced customer demand[32]. - The expected credit loss provision for the year was approximately RMB 22,138,000, an increase from RMB 12,859,000 in 2019, due to the impact of COVID-19 on trade receivables and loans[34]. - As of December 31, 2020, the group's trade receivables, loans, and other receivables amounted to approximately RMB 339,414,000, down from RMB 375,722,000 in 2019[35]. - The current ratio improved to 33.3 times in 2020 from 20.9 times in 2019, indicating a stronger liquidity position[36]. - The group's total liabilities to total assets ratio was approximately 15.4% as of December 31, 2020, compared to 14.2% in 2019[37]. Operational Strategy - The company plans to invest more resources into the funeral services business while ensuring stability in lending and electronic components operations[28]. - The company will explore other potential investment opportunities to diversify revenue sources[28]. - The company plans to continue investing in the processing and trading of electronic components to achieve product upgrades and implement various cost-saving and quality improvement measures[54]. - The ongoing impact of COVID-19 and the US-China trade war may further affect the company's financial performance, which will be closely monitored[54]. Corporate Governance - The board of directors consists of five members, including two executive directors and three independent non-executive directors[71]. - All independent non-executive directors confirmed their independence in accordance with GEM Listing Rules[72]. - The attendance rate for the board meetings in 2020 was 100% for the executive director Ms. Xu Aini and 84.6% for Mr. Feng Keming[69]. - The nomination committee held two meetings in 2020, with full attendance from all members[81][82]. - The nomination committee reviewed the current board structure, diversity policy, and the independence of non-executive directors[83]. - The company has adopted a nomination policy to ensure that appointed directors possess relevant business, financial, and management skills[84]. - The chairman and CEO roles are clearly separated to ensure a balance of power and authority[70]. - The company has appropriate insurance arrangements for legal actions against directors[75]. - The independent non-executive directors have no family, financial, or business relationships among themselves[73]. - The company complies with GEM Listing Rules requiring at least three independent non-executive directors, with one having appropriate professional qualifications[71]. - The board consists of five directors, with three females and two males, reflecting a commitment to gender diversity[89]. - The nomination committee evaluates candidates based on their ability to enhance existing board skills and diversity, considering factors such as gender, age, and professional experience[86]. - The company has adopted a board diversity policy, recognizing the benefits of diverse backgrounds in decision-making processes[88]. - All directors are required to comply with the GEM Listing Rules regarding securities transactions, confirming adherence to the standards set forth[95]. - The remuneration committee was established in August 2006, comprising independent non-executive directors and an executive director[99]. - The company emphasizes the importance of ongoing professional development for directors, providing training on their roles and responsibilities[92]. - The nomination committee reviews the effectiveness of the nomination policy regularly to ensure it meets the company's needs[87]. - Directors are provided with timely access to meeting agendas and relevant documents to facilitate informed decision-making[96]. - The board's composition is reviewed annually to ensure it possesses the necessary expertise and experience for effective governance[88]. - The company encourages all directors to participate in continuous professional education to stay updated on relevant regulations and governance practices[90]. - The remuneration committee held 4 meetings in 2020, with all executive and independent non-executive directors attending all sessions[104][105]. Audit and Internal Control - The company incurred audit fees of approximately RMB 534,000 for the statutory audit for the year ended December 31, 2020[107]. - The audit committee conducted 6 meetings in 2020, with full attendance from all members[113][114]. - The audit committee reviewed the audited financial statements for the year ended December 31, 2019, and the interim report for the six months ended June 30, 2020[115]. - The board has reviewed the effectiveness of the internal control system and deemed it effective and adequate as of December 31, 2020[111]. - The company has engaged an independent internal control review consultant to conduct an annual review of the internal control system[110]. - The audit committee's responsibilities include reviewing the company's financial controls, internal control, and risk management systems[115]. Shareholder Communication - The company emphasizes effective communication with shareholders, encouraging participation in all shareholder meetings[122]. - The board has the discretion to declare dividends based on various factors, including the group's actual and expected financial performance[127]. - The attendance rate of executive directors at the 2020 annual general meeting was 100% for some, while others had 0% attendance[125]. - The company has established a dividend policy that considers financial performance, capital requirements, and overall economic conditions[128]. - The company has engaged investor relations professionals to facilitate communication with existing and potential investors[135]. - The board welcomes questions and concerns from shareholders and stakeholders regarding management and governance[135]. - The company has not made any changes to its articles of association during the year[136]. - The company is committed to balancing stakeholder interests while providing quality products and services[138]. - The company encourages shareholders to opt for electronic communication to enhance effective communication and environmental sustainability[135]. Environmental Responsibility - Total energy consumption for the reporting period was 29.4 MWh, and total water consumption was 695.6 cubic meters[150]. - Total greenhouse gas emissions amounted to 17.9 metric tons of CO2 equivalent, all from indirect emissions generated by purchased electricity[154]. - The company implemented a "paperless" initiative, utilizing electronic documents and encouraging double-sided printing to reduce paper consumption[147]. - The company is committed to minimizing negative environmental impacts through various measures, including sustainable procurement and employee engagement in environmental activities[155]. - The company aims to enhance resource efficiency through eco-friendly office management practices, such as using natural lighting and energy-efficient office supplies[146]. - The company is exploring the feasibility of establishing a sustainability task force and setting energy-saving targets[151]. - The company has developed internal environmental policies to comply with relevant environmental laws and regulations, ensuring proper waste management and emissions control[152]. - The company encourages employees to participate in various environmental activities to foster awareness and commitment to sustainability[155]. Human Resources - The company established a comprehensive human resources management system, ensuring fair recruitment practices and competitive compensation for employees[159]. - The company promotes equal employment opportunities, creating a work environment free from discrimination based on gender, age, nationality, and other factors[161]. - Total number of employees is 25, with a gender distribution of 55.2% male and 44.8% female[165]. - 100% of employees are full-time, with age distribution showing 58.6% aged 30-39, 31.0% aged 40-49, and 10.4% aged 50 or above[165]. - Average training hours per employee is 5.8 hours, with males receiving 4.5 hours and females receiving 7.4 hours[174]. - Senior management employees receive an average of 18.4 training hours, while other employees receive 3.2 hours[174]. - The company emphasizes the importance of employee health and safety, adhering to relevant regulations and providing necessary training[167]. - No significant safety incidents or injuries were reported during the reporting period[169]. - The company strictly prohibits child and forced labor, ensuring compliance with local labor laws[177]. Business Operations - The company provides secured and unsecured loans, including personal and mortgage loans, and engages in the procurement and sale of electronic components[181]. - The group emphasizes service quality and corporate reputation, ensuring compliance with the Money Lenders Ordinance (Cap. 163) and other applicable laws[182]. - The group maintains strict internal controls over the processing of electronic components to meet safety standards and customer requirements[182]. - No customer complaints or compensation claims were reported during the reporting period, indicating high service quality[186]. - The group has established an anti-corruption framework, including an audit committee and external professionals to enhance governance standards[187]. - The group actively engages in community investment activities to promote corporate social responsibility and employee involvement[190]. - The group faces risks in its lending business, including potential defaults by clients and the adequacy of collateral value[196]. - The electronic components business operates in a competitive environment in China, facing pricing and quality challenges[196]. - The group monitors market risks related to economic, political, and legal changes in Hong Kong and China[199]. - The group is committed to timely implementing appropriate measures to address identified risks[198]. - The group has not encountered any incidents of corruption or fraud during the reporting period[189]. - The group is exposed to foreign exchange rate fluctuations due to assets and liabilities denominated in currencies other than its functional currency[200]. - The group monitors foreign exchange rate risks and considers hedging for significant foreign currencies when necessary[200].