Financial Performance - The group's revenue for the nine months ended September 30, 2020, was approximately RMB 32,635,000, a decrease of about 32.2% compared to RMB 48,155,000 for the same period in 2019[5] - The loss attributable to owners of the company for the nine months ended September 30, 2020, was approximately RMB 1,325,000, compared to a profit of RMB 3,551,000 for the same period in 2019[7] - The basic and diluted loss per share for the nine months ended September 30, 2020, was RMB 0.617, compared to earnings of RMB 1.654 for the same period in 2019[8] - The gross profit for the nine months ended September 30, 2020, was RMB 23,528,000, down from RMB 26,878,000 in the same period of 2019[7] - The group reported a total comprehensive loss of RMB 10,179,000 for the nine months ended September 30, 2020, compared to a total comprehensive income of RMB 17,486,000 for the same period in 2019[8] - The operating profit for the nine months ended September 30, 2020, was RMB 2,177,000, a significant decrease from RMB 7,953,000 in the same period of 2019[7] - The total cost of sales for the nine months ended September 30, 2020, was RMB 9,107,000, compared to RMB 21,277,000 for the same period in 2019[7] - The company reported an operating loss of RMB 520,000 for Q3 2020, a significant drop from a profit of RMB 78,000 in Q3 2019[17] - The segment performance for Q3 2020 was RMB 1,417,000, compared to RMB 2,696,000 in Q3 2019, indicating a decline[17] - Total external sales for Q3 2020 were RMB 7,664,000, showing a slight decrease from RMB 7,675,000 in Q3 2019[17] Financial Expenses - The group experienced a significant increase in financial expenses, which amounted to RMB 3,353,000 for the nine months ended September 30, 2020, compared to RMB 2,827,000 in the same period of 2019[7] - The total financial expenses for the nine months ended September 30, 2020, were RMB 3,353,000, up from RMB 2,827,000 in the same period of 2019[19] - The company incurred a fair value loss of RMB 1,314,000 for the nine months ended September 30, 2020, compared to RMB 614,000 in 2019[17] - The company experienced a fair value loss on financial assets of RMB (1,288,000) for the nine months ended September 30, 2020, compared to RMB (613,000) in 2019[17] Revenue Sources - Revenue from the processing and trading of electronic components decreased by approximately RMB 15,524,000 or 60.7% to about RMB 10,065,000, primarily due to the impact of COVID-19 and the Sino-U.S. trade war[33] - Interest income from lending activities for the nine months ended September 30, 2020, was RMB 22,570,000, slightly up from RMB 22,566,000 in the same period of 2019[14] - Interest income from the lending business for the period was approximately RMB 22,570,000, slightly increasing by RMB 4,000 or 0.02% compared to RMB 22,566,000 in 2019[33] Corporate Governance and Compliance - The board of directors remains compliant with the corporate governance code, with no known breaches during the reporting period[58] - The audit committee, established in July 2001, consists of three independent non-executive directors and has not reported any significant matters to the board during the period[55] - As of September 30, 2020, there were no interests or short positions held by the company's directors or key executives in the company's shares or related securities[47] - No individuals, excluding directors and key executives, held interests in shares or related securities that required disclosure under the Securities and Futures Ordinance as of September 30, 2020[48] Shareholder Actions - The company adopted a share option scheme on November 15, 2019, which is valid for ten years, with no options granted, exercised, cancelled, or lapsed as of September 30, 2020[49] - The company granted a total of 21,460,000 share options to directors and employees on October 8, 2020, under the share option scheme[65] - The company’s shareholders approved a resolution for capital reduction and share subdivision at a special general meeting held on October 5, 2020[66] Investment and Assets - The group plans to increase investment in the processing and trading of electronic components to achieve product upgrades and implement various cost-saving and quality improvement measures[35] - No significant investments or acquisitions occurred during the period[38][39] - As of September 30, 2020, the group had no pledged assets as collateral for any loans[36] - The group’s debt-to-asset ratio was approximately 9.6% as of September 30, 2020, down from 15.4% as of December 31, 2019[42] Employee Costs - Employee costs for the period were approximately RMB 1,620,000, compared to RMB 2,691,000 in 2019[41] Dividend Policy - The group did not recommend any dividend payment for the nine months ended September 30, 2020[5]

Financial Performance - The group's unaudited revenue for the six months ended June 30, 2020, was approximately RMB 21,197,000, a decrease of about 38.1% compared to RMB 34,224,000 for the same period in 2019[5] - The loss attributable to owners of the company for the six months ended June 30, 2020, was approximately RMB 807,000, compared to a profit of RMB 3,461,000 for the same period in 2019[5] - The basic and diluted loss per share for the six months ended June 30, 2020, was RMB 0.38, compared to earnings of RMB 1.61 for the same period in 2019[5] - The operating profit for the six months ended June 30, 2020, was RMB 1,545,000, down from RMB 6,361,000 for the same period in 2019[8] - The financial expenses for the six months ended June 30, 2020, increased to RMB 2,252,000 from RMB 1,760,000 for the same period in 2019[8] - The company reported a loss of RMB (813,000) for the six months ended June 30, 2020, compared to a profit of RMB 3,322,000 in the same period of 2019[23] - The company reported a loss of RMB 1,397,000 for the six months ended June 30, 2020, compared to a profit of RMB 1,328,000 for the same period in 2019[28] - The company recorded an impairment loss of RMB 2,187,000 related to interests in associates during the six months ended June 30, 2020[34] Revenue Breakdown - Total revenue for the six months ended June 30, 2020, was RMB 21,197,000, a decrease from RMB 34,224,000 in the same period of 2019, representing a decline of approximately 38%[23] - Revenue from the sale and processing of electronic components was RMB 6,291,000 for the six months ended June 30, 2020, down 67.5% from RMB 19,333,000 in the same period of 2019[23] - Interest income from lending activities was RMB 14,906,000 for the six months ended June 30, 2020, slightly up from RMB 14,891,000 in 2019, indicating a marginal increase of 0.1%[23] - Revenue from external sales decreased to RMB 7,729,000 in Q2 2020, down 4% from RMB 8,045,000 in Q2 2019[28] - Revenue from the processing and trading of electronic components decreased by approximately RMB 13,042,000 or 67.5% to about RMB 6,291,000, primarily due to the impact of COVID-19 and the Sino-U.S. trade war[53] Cash Flow and Assets - The group's cash and bank balances increased to RMB 3,826,000 as of June 30, 2020, from RMB 1,774,000 as of December 31, 2019[11] - The total assets less current liabilities amounted to RMB 369,129,000 as of June 30, 2020, compared to RMB 392,775,000 as of December 31, 2019[11] - The company's equity attributable to owners was RMB 367,342,000 as of June 30, 2020, compared to RMB 362,117,000 as of December 31, 2019[11] - The total cash and cash equivalents at the end of June 30, 2020, was RMB 3,826,000, down from RMB 25,955,000 at the end of June 30, 2019[16] - Total assets as of June 30, 2020, amounted to RMB 369,880,000, an increase from RMB 352,771,000 as of December 31, 2019[30] - The company's total liabilities as of June 30, 2020, were RMB 56,250,000, a decrease from RMB 57,840,000 as of December 31, 2019[30] Dividends and Shareholder Information - The group did not recommend the payment of an interim dividend for the six months ended June 30, 2020[5] - The company did not declare an interim dividend for the six months ended June 30, 2020, consistent with no dividend declared in 2019[39] - A share consolidation was approved on July 8, 2020, merging every ten existing shares of HKD 0.02 into one share of HKD 0.20, resulting in a total issued share capital of HKD 1,000,000,000[69] - The company has not granted, exercised, canceled, or expired any share options since the adoption of the share option plan on November 15, 2019, with no unexercised options as of June 30, 2020[73] - There were no purchases, sales, or redemptions of the company's shares by the company or its subsidiaries during the reporting period[79] Employee and Operational Information - As of June 30, 2020, the group employed approximately 25 employees in Hong Kong and China, with employee costs amounting to RMB 1,200,000, a decrease of 38.5% from RMB 1,951,000 in 2019[65] - The company’s total employee costs decreased to RMB 1,200,000 in Q2 2020 from RMB 1,951,000 in Q2 2019, reflecting a reduction in salaries and wages[34] Financial Policies and Compliance - The company has not applied any new standards or interpretations that have a significant impact on its financial performance during the reporting period[20] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim results, ensuring compliance with applicable standards and regulations[78] - The company has not implemented any hedging policies for foreign exchange risks during the period but will continue to monitor such risks[59] Other Information - The company did not engage in any significant investment activities during the period[62] - There were no significant acquisitions or disposals during the period[63] - No significant contingent liabilities were reported as of June 30, 2020, consistent with the previous year[68] - No significant events occurred after the reporting period[83]

Financial Performance - The group's revenue for the three months ended March 31, 2020, was approximately RMB 8,976,000, a decrease of about 42.1% compared to RMB 15,493,000 for the same period in 2019[4] - The profit attributable to owners of the company for the same period was approximately RMB 587,000, down from RMB 2,029,000 in 2019[7] - Basic earnings per share for the period were RMB 0.027, compared to RMB 0.095 for the same period last year[7] - The group reported a gross profit of RMB 7,453,000, compared to RMB 8,575,000 in the previous year[7] - Operating profit for the period was RMB 1,596,000, down from RMB 3,341,000 in 2019[7] - The total comprehensive income for the period was RMB 6,112,000, compared to a loss of RMB 9,046,000 in the same period last year[8] Revenue Breakdown - Interest income from lending activities was RMB 7,177,000, while revenue from the sale of electronic components was RMB 1,799,000[12] - Revenue from the processing and trading of electronic components decreased by approximately RMB 6,848,000 or 79.2% to about RMB 1,799,000, primarily due to the impact of the COVID-19 outbreak and the Sino-U.S. trade war[29] - Interest income from the loan portfolio was approximately RMB 7,177,000, slightly increasing by about RMB 331,000 or 4.8% compared to RMB 6,846,000 in 2019[29] - The lending business generated interest income of approximately RMB 7,177,000, accounting for about 80.0% of total revenue[11] - The procurement, processing, and sales of electronic components earned revenue of approximately RMB 1,799,000, representing 20.0% of total revenue[11] Expenses and Financial Position - General and administrative expenses decreased by approximately RMB 1,100,000 or 18.9% compared to the same period in 2019 due to reduced business activities[30] - Financial expenses increased by approximately RMB 180,000 or 19.2% compared to the same period in 2019, primarily due to interest expenses on unsecured bonds[30] - The total financial expenses for the period were RMB 1,119,000, compared to RMB 939,000 in 2019[6] - The company recorded a net unrealized loss of approximately RMB 1,145,000, reversing from a net unrealized gain of approximately RMB 578,000[29] - The company's debt-to-asset ratio was approximately 14.9% as of March 31, 2020, compared to 14.2% on December 31, 2019[39] Dividends and Shareholder Returns - The board of directors did not recommend the payment of any dividend for the three months ended March 31, 2020[4] - The company did not recommend any dividend for the period, consistent with 2019[27] - The average number of ordinary shares used for calculating basic earnings per share was 2,146,521 shares, unchanged from the previous year[19] Business Focus and Strategy - The company experienced a significant decline in sales, reflecting the challenging market conditions[4] - The group continues to focus on its core lending business and electronic component trading despite the downturn[11] - The company plans to focus more on the processing and trading of electronic components for product upgrades[11] Employment and Operations - The company employed approximately 28 staff members in Hong Kong and China as of March 31, 2020[38] - There were no significant investments or acquisitions during the reporting period[36][37] - The company has not pledged any assets as collateral for loans as of March 31, 2020[34] - There were no significant contingent liabilities reported as of March 31, 2020[41] - The company has not engaged in any buybacks or sales of its listed securities during the reporting period[49] - No major events occurred after the reporting period[50]

Financial Performance - The total revenue for the year was approximately RMB 63,065,000, a decrease of about 15.5% compared to RMB 74,676,000 in 2018, primarily due to a decline in the electronic components processing and trading business [31]. - Interest income from the lending business reached approximately RMB 31,787,000, accounting for about 50.4% of total revenue, with a slight decrease of 5.0% compared to the previous year [30]. - Revenue from the electronic components processing and trading business was approximately RMB 31,278,000, representing a decrease of about RMB 9,941,000 or 24.1% from RMB 41,219,000 in 2018 [31]. - The company recorded a loss of approximately RMB 25,313,000 for the year, mainly due to impairment losses on interests in associates and expected credit loss provisions [28]. - The group reported a consolidated loss of approximately RMB 25,313,000 for the year, an increase of about RMB 15,558,000 or 159.5% compared to the previous year [33]. - Expected credit loss provisions for the year amounted to approximately RMB 12,859,000, significantly higher than RMB 2,474,000 in the previous year due to the impact of COVID-19 [33]. - The decline in revenue was largely influenced by unfavorable economic conditions in China, leading to reduced customer demand [31]. Operational Efficiency - General and administrative expenses decreased by approximately RMB 5,869,000 or 17.1% to about RMB 28,459,000, primarily due to reduced company activities during the year [32]. - Financial expenses increased by approximately RMB 1,012,000 or 34.6% to RMB 3,940,000, attributed to interest expenses on unsecured bonds and borrowings issued in the previous year [32]. - The company aims to ensure stability in its lending business while enhancing its electronic components operations [28]. - The company plans to invest more resources in the processing and trading of electronic components while exploring other potential investment opportunities to broaden revenue sources [28]. Corporate Governance - The company is committed to maintaining high standards of corporate governance in line with GEM listing rules and shareholder expectations [57]. - The board of directors is responsible for formulating strategic policies and overseeing the company's affairs to enhance shareholder value [60]. - All directors actively participated in board meetings, with attendance rates of 100% for all directors in 2019 [63]. - The board consists of five members, including two executive directors and three independent non-executive directors [65]. - The independent non-executive directors have confirmed their independence in accordance with GEM Listing Rules [66]. - The company has adopted a nomination policy to ensure that appointed directors possess relevant business, financial, and management skills [79]. - The company ensures that independent non-executive directors who have served for over nine years must obtain independent shareholder approval for reappointment [74]. - The company has appropriate insurance arrangements for legal actions against directors [69]. - The board members have no familial, financial, or business relationships among them [67]. - The company complies with GEM Listing Rules requiring at least three independent non-executive directors, with one having appropriate professional qualifications [65]. Environmental Responsibility - The group reported a total greenhouse gas emissions of 11,205 kg CO2 equivalent from electricity consumption during the reporting period [135]. - The group has implemented measures to reduce resource consumption, including energy-saving initiatives and a paperless office policy, resulting in reduced electricity and paper usage [141]. - The group has not encountered any violations of environmental laws or regulations during the reporting period [134]. - The group has established internal environmental policies and measures in compliance with applicable environmental laws and industry standards [133]. - The group has successfully reduced paper consumption by promoting double-sided printing and recycling initiatives [141]. - The group is committed to balancing stakeholder interests while providing quality products and services [131]. Employee Management - The group employed approximately 38 staff members as of December 31, 2019, with total employee costs amounting to RMB 6,266,000, an increase from RMB 5,483,000 in 2018 [48]. - The company employs a total of 38 staff, with 55.6% male and 44.4% female [146]. - 100% of employees are full-time, with 31.1% in management positions and 68.9% in other roles [146]. - Total training hours for male employees were 112 hours, while female employees received 166 hours of training [155]. - The company emphasizes talent development and internal promotion opportunities for high-performing employees [155]. - The company provides various training programs, including professional knowledge in lending, management, project management, and communication skills [156]. Risk Management - The group is focused on managing risks associated with its lending business, including potential defaults by clients [178]. - The electronic components processing and trading business operates in China, facing intense competition and regulatory risks [178]. - The group monitors market risks related to economic and political changes in Hong Kong and China, which may adversely affect its operations [180]. - The group has established internal policies and procedures to manage lending risks, although these may not be fully effective [178]. Shareholder Communication - The company emphasizes effective communication with shareholders, encouraging participation in all shareholder meetings [114]. - The board welcomes questions and concerns from shareholders and stakeholders regarding management and governance [126]. - The company encourages shareholders to opt for electronic communication to maintain effective communication and environmental benefits [126]. - The company has established a dividend policy in March 2019, which outlines the procedures for declaring and recommending dividends [118]. - Shareholders holding at least 10% of the paid-up capital can request the board to convene a special general meeting [123]. Financial Compliance - The company has not identified any significant non-compliance with relevant laws and regulations that would have a major impact on the group [185]. - The company has established standard operating procedures and reporting frameworks to manage operational risks [183]. - The company continuously monitors cash flow to manage liquidity risk and maintain sufficient cash levels [184]. - The company has adopted all applicable International Financial Reporting Standards as issued by the International Accounting Standards Board [99].

Financial Performance - The group's revenue for the nine months ended September 30, 2019, was approximately RMB 48,155,000, a decrease of about 14.2% compared to the same period in 2018[5] - Profit attributable to owners of the company for the nine months ended September 30, 2019, was approximately RMB 3,551,000, with earnings per share of RMB 0.164[5] - The operating profit for the nine months ended September 30, 2019, was RMB 7,953,000, down from RMB 12,895,000 in the same period of 2018[7] - The total comprehensive income for the nine months ended September 30, 2019, was RMB 17,486,000, compared to RMB 36,529,000 in the same period of 2018[9] - The group reported a gross profit of RMB 26,878,000 for the nine months ended September 30, 2019, down from RMB 30,345,000 in the same period of 2018[7] - The pre-tax profit for the nine months ended September 30, 2019, was RMB 5,421,000, down from RMB 11,206,000 in the same period of 2018[7] - The net profit for the nine months ended September 30, 2019, was RMB 3,400,000, down 62.7% from RMB 9,097,000 in the same period of 2018[18] - The group experienced a significant decrease in net profit for the three months ended September 30, 2019, with a profit of only RMB 78 compared to RMB 3,813 in the same period of 2018[9] Revenue Breakdown - For the nine months ended September 30, 2019, interest income from lending business was RMB 22,566,000, a decrease of 7.8% from RMB 24,463,000 in the same period of 2018[17] - Revenue from the sale of electronic components for the nine months ended September 30, 2019, was RMB 25,589,000, down 19.2% from RMB 31,644,000 in 2018[17] - Total revenue for the nine months ended September 30, 2019, was RMB 48,155,000, a decline of 14.2% compared to RMB 56,107,000 in the same period of 2018[17] - Interest income from lending business decreased by approximately RMB 1,897,000 or 7.8% compared to the same period in 2018, reaching about RMB 22,566,000, which accounted for approximately 46.9% of total revenue[34] - Revenue from the processing and trading of electronic components decreased by approximately RMB 6,055,000 or 19.1% compared to the same period in 2018, totaling approximately RMB 25,589,000, which accounted for approximately 53.1% of total revenue[31] Expenses and Financial Metrics - The group incurred general and administrative expenses of RMB 18,312,000 for the nine months ended September 30, 2019, compared to RMB 16,643,000 in the same period of 2018[7] - The total financial expenses for the nine months ended September 30, 2019, amounted to RMB 2,827,000, an increase of 32.5% from RMB 2,134,000 in 2018[22] - The company reported a fair value loss of RMB 614,000 for the nine months ended September 30, 2019, compared to a loss of RMB 1,401,000 in the same period of 2018[20] - The income tax expense for the nine months ended September 30, 2019, was RMB 2,021,000, compared to RMB 2,109,000 in the same period of 2018[24] - General and administrative expenses increased by approximately RMB 1,669,000 or 10.0% compared to the same period in 2018, mainly due to an increase in corporate activities[31] - Financial expenses increased by approximately RMB 693,000 or 32.5% compared to the same period in 2018, primarily due to interest expenses on unsecured bonds and borrowings[31] Dividend and Shareholder Information - The group did not recommend any dividend payment for the nine months ended September 30, 2019[5] - The company did not recommend any dividend payment for the nine months ended September 30, 2019, consistent with the previous year[30] - There were 160,850 stock options unexercised as of September 30, 2019, under the existing stock option plan which is set to expire on September 24, 2019[49] - The board plans to propose a new stock option plan to shareholders at a special general meeting scheduled for November 15, 2019[55] Corporate Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited results for the period and found them to comply with applicable standards and regulations[53] - During the reporting period, the company or its subsidiaries did not purchase, sell, or redeem any of the company's listed securities[54] - There were no significant matters that needed to be reported to the board by the audit committee during the period[53] - The company has no arrangements that would allow directors and key executives to benefit from purchasing shares or debt securities of the company or any other corporation[50] - No directors or major shareholders were found to have any competing business interests during the period[51] Market and Strategic Outlook - The company adopted IFRS 16 on January 1, 2019, which impacts the accounting treatment of leases, requiring recognition of right-of-use assets and corresponding liabilities[16] - The company plans to continue expanding its market presence and developing new products and technologies in response to changing market conditions[16] - The company has not engaged in any significant investment, acquisition, or disposal activities during the reporting period[39][40] - The company has not disclosed any new strategies or market expansions in the provided documents[56] Employment and Corporate Structure - The group employed approximately 53 employees in Hong Kong and China as of September 30, 2019[42] - As of September 30, 2019, there were no known interests or short positions held by the company's directors or key executives in the company's shares or related securities[46] - No individuals, excluding directors and key executives, held any interests or short positions in shares or related securities that required disclosure under the Securities and Futures Ordinance as of September 30, 2019[48]

Financial Performance - The group's unaudited revenue for the six months ended June 30, 2019, was approximately RMB 34,224,000, a decrease of about 5.7% compared to RMB 36,298,000 for the same period in 2018[7] - The profit attributable to owners of the company for the six months ended June 30, 2019, was approximately RMB 3,461,000, down from RMB 5,393,000 in the same period of 2018[7] - The earnings per share for the six months ended June 30, 2019, was approximately RMB 0.16, compared to RMB 0.25 for the same period in 2018[7] - The total comprehensive income for the six months ended June 30, 2019, was RMB 3,655,000, significantly lower than RMB 10,421,000 for the same period in 2018[11] - The operating profit for the six months ended June 30, 2019, was RMB 6,361,000, compared to RMB 7,658,000 for the same period in 2018[10] - The company reported a total revenue of RMB 495,170 thousand for the six months ended June 30, 2019, consistent with the previous year[15] - Interest income from lending business for the six months ended June 30, 2019, was RMB 14,891,000, down 10.5% from RMB 16,665,000 in 2018[33] - Revenue from the electronic components segment for the six months ended June 30, 2019, was RMB 19,333,000, slightly down from RMB 19,633,000 in 2018[33] - Profit before tax for the six months ended June 30, 2019, was RMB 4,843,000, down from RMB 6,535,000 in 2018, a decrease of 26.0%[33] - Net profit for the six months ended June 30, 2019, was RMB 3,322,000, compared to RMB 5,284,000 in 2018, representing a decline of 37.1%[33] Assets and Liabilities - The group's total assets as of June 30, 2019, were RMB 400,020,000, slightly down from RMB 411,422,000 as of December 31, 2018[13] - The net asset value attributable to owners of the company was RMB 372,212,000 as of June 30, 2019, compared to RMB 368,557,000 as of December 31, 2018[13] - Total assets as of June 30, 2019, were RMB 369,026,000, a decrease from RMB 379,456,000 as of December 31, 2018[37] - Total liabilities as of June 30, 2019, were RMB 41,666,000, down from RMB 61,129,000 as of December 31, 2018[38] - As of June 30, 2019, the group's current assets were approximately RMB 314,137,000, down from RMB 330,425,000 as of December 31, 2018[57] - The current liabilities were approximately RMB 13,858,000, compared to RMB 18,264,000 as of December 31, 2018, resulting in a current ratio of about 22.7 times, up from 18.1 times[57] - The group's debt-to-asset ratio was approximately 10.1% as of June 30, 2019, a decrease from 14.2% as of December 31, 2018[69] Cash Flow - The net cash generated from operating activities for the six months ended June 30, 2019, was RMB 3,244 thousand, compared to a net cash used of RMB 30,099 thousand in the same period of 2018[17] - The net cash used in investing activities for the six months ended June 30, 2019, was RMB 5,271 thousand, while it was RMB 2,612 thousand in 2018[17] - The net cash used in financing activities for the six months ended June 30, 2019, was RMB 13,297 thousand, compared to RMB 20,453 thousand in the previous year[17] - The total decrease in cash and cash equivalents for the six months ended June 30, 2019, was RMB 15,324 thousand, compared to a decrease of RMB 7,034 thousand in 2018[17] - As of June 30, 2019, cash and cash equivalents amounted to RMB 25,955 thousand, up from RMB 11,245 thousand in the same period last year[17] Financial Expenses - The financial expenses for the six months ended June 30, 2019, were RMB 1,760,000, an increase from RMB 1,413,000 in the same period of 2018[10] - Financial expenses increased by approximately RMB 347,000 or 24.6% compared to the same period in 2018, reflecting interest expenses on unsecured bonds and borrowings[55] Dividends and Recommendations - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2019[7] Business Operations - The company is primarily engaged in lending and the processing and trading of electronic components[19] - The group continues to focus on the lending business and the processing and trading of electronic components, with plans to invest more resources in expanding processing centers to maintain sales[56] - The group believes that increasing investment in electronic component processing and trading is essential for product upgrades and implementing various cost-saving and quality improvement measures[56] Employee and Corporate Governance - The group employed approximately 55 employees as of June 30, 2019, an increase from 31 employees as of June 30, 2018[68] - The board and key executives had no interests in any competing businesses or conflicts of interest as of the report date[77] Events and Changes - No significant events occurred after the reporting period[87] - The board of directors will continue to review the current situation and make necessary changes when appropriate[86] - The company has reminded independent non-executive directors to attend future shareholder meetings[86] Accounting Standards - The financial statements are prepared in accordance with International Financial Reporting Standards, specifically IAS 34 for interim financial reporting[20] - The company adopted IFRS 16 Leases, which affects the classification of cash flows and requires recognition of right-of-use assets and corresponding liabilities[28] - The company has not applied any new standards or interpretations that have not yet come into effect, which do not have a significant impact on the group[22]

Financial Performance - The group's revenue for the three months ended March 31, 2019, was approximately RMB 15,493,000, a decrease of about 17.4% compared to RMB 18,750,000 for the same period in 2018[5]. - The profit attributable to owners of the company for the same period was approximately RMB 2,029,000, down from RMB 3,262,000 in 2018[6]. - Earnings per share for the period was approximately RMB 0.095, compared to RMB 0.152 in the previous year[7]. - The operating profit for the three months ended March 31, 2019, was RMB 3,341,000, a decrease from RMB 4,681,000 in 2018[11]. - Interest income from lending activities was RMB 6,846,000, down from RMB 8,811,000 in the same period last year[19]. - Revenue from the processing and trading of electronic components was RMB 8,647,000, compared to RMB 9,939,000 in 2018[19]. - The total comprehensive loss for the period was RMB 9,046,000, compared to a loss of RMB 12,008,000 in the previous year[12]. - Interest income from lending activities decreased by approximately RMB 1,965,000 or 22.3%, amounting to RMB 6,846,000, which accounted for about 44.2% of total revenue[39]. - Revenue from the procurement, processing, and sale of electronic components decreased by approximately RMB 1,292,000 or 13.0% compared to the previous year[39]. - The company achieved a net profit attributable to owners of RMB 2,029,000, a decrease of approximately RMB 1,233,000 or 37.8% from RMB 3,262,000 in 2018[38]. Expenses and Financial Management - General and administrative expenses decreased by approximately RMB 447,000 or 7.1% compared to the same period in 2018[37]. - Financial expenses increased by approximately RMB 222,000 or 31.0% compared to the previous year, primarily due to interest expenses on unsecured bonds and borrowings[37]. - The company reported a turnaround in other income and losses, moving from an unrealized loss of RMB 343,000 to an unrealized gain of RMB 578,000[37]. Dividends and Shareholder Returns - The board of directors did not recommend the payment of any dividends for the three months ended March 31, 2019[8]. - The company did not recommend any dividend payment for the period, consistent with the previous year[34]. Business Operations - The company continues to engage in lending and trading of electronic components as its main business activities[16]. - The company continues to focus on its lending business and the processing and sale of electronic components amid a challenging economic environment[39]. Capital and Investments - As of March 31, 2019, the company's debt-to-asset ratio was approximately 14.0%, a slight decrease from 14.2% as of December 31, 2018[57]. - The company utilized approximately HKD 200,000,000 from the rights issue to meet the demand of certain customers in the bond business[52]. - Approximately HKD 31,068,000 was used for the acquisition of Reach Solution Technology Limited and available-for-sale financial assets[52]. - The remaining balance of HKD 9,692,000 from the rights issue will continue to be used as originally planned for future acquisitions or investments[52]. - There were no significant investments or acquisitions during the reporting period[54][55]. - The company has no major contingent liabilities as of March 31, 2019[59]. Workforce and Corporate Governance - The company employed around 49 employees in Hong Kong and China as of March 31, 2019[56]. - The board will continue to evaluate the company's objectives and may adjust plans based on changing market conditions to achieve sustainable growth[53]. - The company has not engaged in any buybacks, sales, or redemptions of its listed securities during the reporting period[67]. - No significant events occurred after the reporting period[68]. Compliance and Reporting Standards - The financial statements were prepared in accordance with International Financial Reporting Standards and comply with the GEM Listing Rules[17].

Financial Performance - The company's revenue for the year was approximately RMB 74,676,000, an increase of about 58.7% compared to RMB 47,060,000 in 2017[9]. - Interest income from lending activities reached approximately RMB 33,457,000, accounting for about 44.8% of total revenue, with a slight increase of 4.5% from the previous year[11]. - Revenue from the electronic components processing and trading business was approximately RMB 41,219,000, representing 55.2% of total revenue and a significant increase of 173.8% from RMB 15,053,000 in 2017[12]. - The company recorded a consolidated loss of approximately RMB 9,755,000, a reduction of about 84.8% compared to a loss of RMB 64,355,000 in the previous year[14]. - General and administrative expenses decreased by approximately RMB 4,104,000 or 10.0% to about RMB 36,802,000 due to reduced company activities during the year[13]. - Financial expenses increased significantly by approximately RMB 2,555,000 or 685.0% to RMB 2,928,000, primarily due to interest expenses on bonds payable[13]. Liquidity and Financial Ratios - The current ratio improved to 18.1 times, up from 9.8 times in 2017, indicating better liquidity[15]. - As of December 31, 2018, the group's current assets amounted to approximately RMB 330,425,000, a slight decrease from RMB 334,558,000 in 2017[16]. - The group's current ratio was maintained at a robust level of approximately 18.1 times, compared to 9.8 times in 2017[16]. - The group's debt-to-asset ratio was approximately 14.2% as of December 31, 2018, up from 9.1% in 2017[16]. Business Strategy and Operations - The company plans to focus on expanding its electronic components processing and trading business while exploring other potential investment opportunities[9]. - The company has invested more resources to expand its processing center to meet the increased sales demand[12]. - The group plans to focus on electronic component processing and trade business for product upgrades and has implemented various cost-saving and quality improvement measures[33]. - The group intends to explore other potential investment opportunities to broaden revenue sources[34]. - The group had no significant acquisitions or investments during the year[18][20]. Corporate Governance - The company has maintained compliance with all corporate governance code provisions, except for deviations noted in sections A.4.1 and A.6.7[43]. - The board of directors held a total of 4 meetings in 2018, with attendance rates for individual directors as follows: Mr. Chan 4/4, Ms. Ma 3/4, Ms. Ho 4/4[49]. - The board is responsible for formulating the group's strategic policies and overseeing the company's affairs to enhance shareholder value[44]. - The company emphasizes high-quality board governance and robust internal controls to ensure transparency and accountability to all shareholders[42]. - The company has implemented corporate governance practices to align with the GEM listing rules and shareholder expectations[42]. Board Composition and Diversity - The board consists of five members, including two executive directors and three independent non-executive directors[51]. - The independent non-executive directors collectively have over 33 years of experience in auditing and accounting across various industries[45]. - The board is committed to maintaining a diverse composition, including gender, age, and educational background[64]. - The board consists of five directors, with one male and four females, reflecting a diverse composition[72]. - The company has adopted a board diversity policy, emphasizing the benefits of having members with different backgrounds and experiences[71]. Employee and Training Policies - Employee costs for the year were approximately RMB 5,483,000, compared to RMB 5,346,000 in 2017, with the workforce increasing to about 49 employees from 20[30]. - Total number of employees is 41, with 51.7% male and 48.3% female[147]. - 100% of employees are full-time long-term staff, with no part-time or temporary employees[147]. - Total training hours amounted to 360, with 288 hours for male employees and 72 hours for female employees[156]. - The company has established a competitive compensation and benefits package to attract and retain talent[148]. Environmental and Social Responsibility - The company has implemented a series of environmental protection measures, ensuring compliance with relevant environmental laws and regulations, with no significant violations reported during the reporting period[128]. - Total greenhouse gas emissions from the company's operations amounted to 11,744 kg CO2 equivalent from electricity consumption, with no direct emissions reported[129]. - The company successfully reduced electricity consumption to 14,866 kWh and paper consumption to 0.07 tons during the reporting period[141]. - The company has adopted energy-efficient practices, including the use of LED lighting and promoting a paperless office environment, to enhance resource efficiency[140]. - The company is committed to balancing the interests of various stakeholders while promoting sustainable development[126]. Risk Management - The group faces risks in its lending business, including potential defaults by customers and insufficient collateral value, which could negatively impact financial condition and profitability[177]. - The group has implemented internal policies and procedures to manage lending risks, although these may not be fully effective[177]. - The group is subject to market risks due to economic, political, and legal changes in Hong Kong and China, which could adversely affect operations and growth strategies[180]. - The group monitors foreign exchange rate risks and considers hedging for significant foreign currency amounts when necessary[181]. - The group maintains sufficient cash levels and credit facilities to manage liquidity risks effectively[184].