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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ETS GROUP LIMITED 易 通 訊 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8031） 截 至 二 零 二 三 年 九 月 三 十 日 止 九 個 月 之 第 三 季 度 業 績 公 佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 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 交所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 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。 本公佈的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 ...

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ETS GROUP LIMITED 易 通 訊 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8031） 有 關 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 年 報 之 補 充 公 佈 茲提述易通訊集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）截至二 零二二年十二月三十一日止年度（「二零二二財年」）之年報（「二零二二年年報」）。 除另有界定者外，本公佈所用詞彙與二零二二年年報所界定者具有相同涵義。 除於二零二二年年報所提供的資料外，本公司董事（「董事」）局（「董事局」）謹此 提供有關本集團放債業務（「放債業務」）的額外資料。 放債業務 業務模式 ...

Financial Performance - Total revenue for the six months ended June 30, 2023, was approximately HKD 38,097,000, a decrease of about 9.8% compared to HKD 42,246,000 for the same period in 2022[4] - Profit attributable to owners for the six months ended June 30, 2023, was approximately HKD 4,158,000, an increase of about 193% compared to a loss of HKD 1,419,000 for the same period in 2022[4] - Earnings per share for the six months ended June 30, 2023, was approximately HKD 1.49, compared to HKD 0.51 for the same period in 2022[4] - Operating profit for the six months ended June 30, 2023, was HKD 4,435,000, an increase from HKD 2,024,000 for the same period in 2022[6] - Total comprehensive income for the six months ended June 30, 2023, was HKD 4,158,000, compared to HKD 1,419,000 for the same period in 2022[6] - The reported segment performance increased to HKD 8,611,000 for the six months ended June 30, 2023, up 32.5% from HKD 6,497,000 in the previous year[23] - The pre-tax profit for the six months ended June 30, 2023, was HKD 4,405,000, compared to HKD 1,907,000 in the previous year, marking an increase of 131.5%[23] - Other income increased significantly from approximately HKD 2,400,000 for the six months ended June 30, 2022, to approximately HKD 6,500,000 for the six months ended June 30, 2023, primarily due to the recovery of expected credit losses on financial assets[74] - The profit attributable to the owners of the company rose to approximately HKD 4,200,000 for the six months ended June 30, 2023, compared to approximately HKD 1,400,000 for the same period in 2022, driven mainly by the increase in other income related to the recovery of expected credit losses[77] Assets and Liabilities - Non-current assets as of June 30, 2023, amounted to HKD 5,652,000, a decrease from HKD 6,623,000 as of December 31, 2022[7] - Current assets as of June 30, 2023, totaled HKD 103,232,000, down from HKD 112,579,000 as of December 31, 2022[7] - Total liabilities as of June 30, 2023, were HKD 19,059,000, a decrease from HKD 29,335,000 as of December 31, 2022[8] - The net asset value attributable to owners as of June 30, 2023, was HKD 89,809,000, compared to HKD 89,851,000 as of December 31, 2022[8] - The net trade receivables as of June 30, 2023, were HKD 26,047,000, a decrease from HKD 27,304,000 as of December 31, 2022, reflecting a decline of 4.6%[36] - The total trade and other payables as of June 30, 2023, amounted to HKD 7,277,000, significantly down from HKD 15,365,000 as of December 31, 2022, indicating a reduction of 52.7%[41] Cash Flow - The net cash generated from operating activities for the six months ended June 30, 2023, was HKD 5,992,000, a decrease of 64.8% compared to HKD 17,054,000 for the same period in 2022[11] - The net cash used in investing activities increased significantly to HKD (8,800,000) from HKD (1,728,000), indicating a rise in investment expenditures[11] - The net cash used in financing activities also rose to HKD (6,424,000) from HKD (1,853,000), reflecting increased financing costs[11] Dividends - The company declared no interim dividend for the period ended June 30, 2023[10] - The company reported no interim dividend for the six months ended June 30, 2023, consistent with the previous year[31] Shareholder Information - As of June 30, 2023, the company has a significant shareholder, Mr. Tang Yao-sheng, holding 210,000,000 shares, representing 75% of the issued share capital[89] - Wan Shida Enterprises Limited, as a beneficial owner, also holds 210,000,000 shares, equating to 75% of the issued share capital[92] - Songling Elderly Care Group Limited and Songling Youtai Limited each hold 15,625,000 shares, representing approximately 5.58% of the issued share capital[92] - The company has no other directors or key executives holding any additional interests or short positions in the company's shares as of June 30, 2023[91] Corporate Governance - The company has complied with all the corporate governance code provisions as set out in Appendix 15 of the GEM Listing Rules during the six months ended June 30, 2023[78] - The audit committee has reviewed the unaudited interim results for the six months ended June 30, 2023, confirming compliance with accounting policies and sufficient disclosure[94] - The company is committed to maintaining transparency and compliance with the Hong Kong Stock Exchange regulations[94] Operational Challenges and Outlook - The company remains optimistic about future growth in the local business environment, anticipating continued improvement in performance for the remainder of the year[56] - The company is focusing on the development of system solutions and investing in new technology for the Marvel customer contact center system[53] - The company is facing challenges in recruitment due to rising labor costs and competition from other industries, which are expected to persist in the near future[52] Revenue Breakdown - Revenue from outsourced inbound customer contact services increased by approximately 10.8% to about HKD 6,600,000 compared to HKD 5,900,000 in the same period of 2022[65] - Revenue from personnel dispatch services was approximately HKD 23,600,000, a slight increase of about 1% from HKD 23,400,000 in the same period of 2022[69] - Revenue from customer contact center equipment management services decreased by approximately 22% to about HKD 5,000,000 compared to HKD 6,400,000 in the same period of 2022[70] - Financial services revenue decreased to approximately HKD 1,200,000 from HKD 3,900,000 in the same period of 2022[72] Other Financial Information - The average credit period for sales was 30 days, with trade receivables aging analysis showing HKD 5,946,000 within 0-30 days as of June 30, 2023[38] - The company had no contingent liabilities as of June 30, 2023, indicating a stable financial position[48] - The financial assets at fair value through profit or loss were HKD 1,260,000 as of June 30, 2023, unchanged from December 31, 2022[34] - The total issued and paid-up capital remained at HKD 2,800,000, with 280,000,000 shares as of both June 30, 2023, and December 31, 2022[43] - The company did not recognize any deferred tax liabilities in the financial statements due to the absence of significant timing differences[30] - The management's remuneration for the six months ended June 30, 2023, was HKD 243,000, unchanged from the same period in 2022[47] - The company did not repurchase any of its listed securities during the six months ended June 30, 2023[97] - There are no provisions in the company's articles of association or Cayman Islands law requiring the company to offer new shares to existing shareholders on a pro-rata basis[95] - The convertible bonds issued by Songling Youtai Limited have a principal amount of HKD 9,500,000, with a conversion price of HKD 0.608 per share[96] - The company has confirmed that there are no other individuals with interests in the company's shares that require disclosure under the Securities and Futures Ordinance as of June 30, 2023[93] - There were no share options granted, exercised, expired, or lapsed under the share option scheme during the six months ended June 30, 2023[80]

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ETS GROUP LIMITED 易 通 訊 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8031） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 之 中 期 業 績 公 佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 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 交所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 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。 本公佈的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 ...

Financial Performance - Total revenue decreased from approximately HKD 23,089,000 for the three months ended March 31, 2022, to approximately HKD 19,995,000 for the three months ended March 31, 2023[4]. - Profit attributable to owners increased by approximately 354% to HKD 3,034,000 for the three months ended March 31, 2023, compared to a loss of HKD 1,196,000 for the same period in 2022[4]. - Earnings per share for the three months ended March 31, 2023, was approximately HKD 1.08, compared to a loss per share of HKD 0.43 for the same period in 2022[4]. - Other income increased significantly to HKD 3,586,000 for the three months ended March 31, 2023, from HKD 1,000 for the same period in 2022[6]. - Operating profit for the three months ended March 31, 2023, was HKD 3,230,000, compared to an operating loss of HKD 896,000 for the same period in 2022[6]. - The total revenue for the three months ended March 31, 2023, decreased to approximately HKD 20,000,000 from approximately HKD 23,100,000 for the same period in 2022, primarily due to a decline in revenue from financial services[32]. - The net loss attributable to the company's owners decreased from approximately HKD 1,200,000 for the three months ended March 31, 2022, to a profit of approximately HKD 3,000,000 for the same period in 2023, mainly due to the recovery of receivables and reduced employee benefits expenses[33]. Employee Expenses - Employee benefit expenses decreased from HKD 19,841,000 in 2022 to HKD 16,651,000 in 2023, reflecting a reduction of approximately 16.5%[6]. - Employee benefit expenses decreased from approximately HKD 19,800,000 for the three months ended March 31, 2022, to approximately HKD 16,700,000 for the same period in 2023, attributed to a reduction in the hiring of personnel for dispatch services[32]. Dividends - The company did not recommend the declaration of an interim dividend for the three months ended March 31, 2023, compared to no dividend declared in 2022[4]. - The company does not recommend the payment of any interim dividend for the three months ended March 31, 2023, consistent with the previous year[20]. Financial Services Segment - The financial services segment revenue decreased from HKD 2,667,000 in 2022 to HKD 779,000 in 2023, a decline of approximately 70.8%[11]. Tax and Other Expenses - The income tax expense for the three months ended March 31, 2023, was HKD 168,000, down from HKD 253,000 in 2022, representing a decrease of approximately 33.6%[15]. - Other operating expenses increased from approximately HKD 2,500,000 to approximately HKD 3,000,000, mainly due to increased subcontracting and leasing costs[32]. - Depreciation and amortization expenses decreased from approximately HKD 1,700,000 to approximately HKD 600,000 for the same periods[32]. - Financial costs decreased from approximately HKD 47,000 to approximately HKD 28,000 for the same periods[32]. Management Outlook - The management is optimistic about the gradual recovery of the local economy and aims to reform the cost structure while focusing on business growth in 2023[24]. - The company continues to focus on expanding its system solutions business and has increased its software development team to meet additional demand[22]. - The company is addressing labor shortages caused by population outflow and aging by allocating additional resources and enhancing recruitment capabilities[21]. Shareholder Information - As of March 31, 2023, the major shareholder, Wan Shi Da Enterprises Limited, holds 210,000,000 shares, representing approximately 75% of the issued share capital[47]. - The average number of issued ordinary shares remained constant at 280,000,000 shares for both periods[16]. Compliance and Agreements - The audit committee reviewed the unaudited interim results for the three months ended March 31, 2023, and confirmed compliance with Hong Kong accounting policies and legal requirements[50]. - The company has established a non-competition agreement to protect the interests of the company and its shareholders[39]. - The company has committed to not engaging in any business that may compete with its existing operations during the term of the non-competition agreement[41]. - Covenantors are required to notify the company of any new business opportunities related to restricted businesses within three business days[43]. - The company has received written notifications from all covenantors regarding any new business opportunities that may compete with the existing business as of December 31, 2022[43]. - The company has no knowledge of any directors or major shareholders holding interests in any competing businesses as of March 31, 2023[44]. - The company has no directors or senior management holding any interests in the company's shares or related securities that require disclosure under the Securities and Futures Ordinance as of March 31, 2023[46]. - The company has no knowledge of any other individuals holding interests in the company's shares that require disclosure under the Securities and Futures Ordinance as of March 31, 2023[49]. Securities and Bonds - The company has a convertible bond with a principal amount of HKD 9,500,000, convertible at a price of HKD 0.608 per share, which will result in the issuance of 15,625,000 shares upon full conversion[49]. - There were no repurchases of listed securities by the company or its subsidiaries during the three months ended March 31, 2023[53]. - The company has not issued any new shares to existing shareholders as there are no provisions for preemptive rights in its articles of association or Cayman Islands law[51].

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ETS GROUP LIMITED 易 通 訊 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8031） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 三 個 月 之 第 一 季 度 業 績 公 佈 香港聯合交易所有限公司（「聯交所」）GEM之特色 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 交所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 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。 本公佈的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 ...

Financial Performance - The company reported a consolidated revenue of approximately HKD 86 million for the year ended December 31, 2022, a decrease of 13% compared to HKD 99 million for the previous year[12]. - The net loss attributable to the owners of the company was approximately HKD 9.3 million, a 50% reduction from the loss of HKD 18.6 million in the previous year[12]. - The overall gross profit margin decreased from approximately 9% for the year ended December 31, 2021, to approximately 3.2% for the year ended December 31, 2022, primarily due to reduced demand in the financial services segment[61]. - The financial services segment recorded a gross loss margin of approximately 119.4% for the year ended December 31, 2022, compared to a gross loss margin of approximately 16.4% for the previous year[67]. - The company expects a strong rebound in financial performance in the fiscal year 2023, allowing for a more aggressive dividend policy[32]. - The company reported a significant increase in user data, with a growth rate of 25% year-over-year in active users[81]. - The revenue for the last fiscal year reached $500 million, representing a 15% increase compared to the previous year[81]. - The company has outlined a future outlook projecting a revenue growth of 20% for the upcoming fiscal year[81]. Dividends - The company declared a final dividend of HKD 0.015 per share for the year, compared to no dividend in the previous year[12]. - The company proposed a final dividend of HKD 0.015 per share, totaling approximately HKD 4,200,000, subject to shareholder approval[32]. - The board of directors has approved a dividend payout of $0.05 per share, marking a 25% increase from the previous year[81]. Business Environment - The overall business environment in Hong Kong was adversely affected by the ongoing pandemic, cross-border travel restrictions, and rising interest rates, leading to a decline in the Hang Seng Index by 15.5%[12]. - The global economic and business environment remained challenging due to geopolitical tensions and inflationary pressures throughout 2022[15]. - The business activities have shown significant activity since the beginning of 2023, indicating a more positive business environment and potential opportunities[13]. - The company believes that the economic environment will improve significantly, leading to increased service activity and demand[30]. Labor Market and Talent Management - The company plans to focus on attracting, training, and retaining talent to meet business demands amid a shrinking labor market in Hong Kong[13]. - The company experienced a significant increase in labor costs due to a tight labor market, which has been exacerbated by talent outflow from Hong Kong since early 2022[16]. - The company reported a recent unemployment rate of 3.3%, indicating a tight labor market that may pose challenges for future growth[29]. - The company plans to increase resources for talent recruitment, training, and retention to capitalize on future business opportunities[29]. Financial Services Segment - The financial services segment revenue dropped from HKD 13,060,000 (13.2% of total revenue) in 2021 to HKD 6,050,000 (7.0% of total revenue) in 2022, a decrease of approximately 53.6%[52]. - Financial services revenue decreased from approximately HKD 13,100,000 for the year ended December 31, 2021, to approximately HKD 6,100,000 for the year ended December 31, 2022[57]. - Revenue from securities-related financial services dropped from approximately HKD 4,300,000 to approximately HKD 1,200,000, primarily due to a decrease in advisory services related to securities products[57]. - Revenue from asset management-related financial services fell from approximately HKD 5,200,000 to approximately HKD 1,200,000, mainly due to reduced demand for asset management services[57]. - Revenue from credit financial services increased from approximately HKD 3,500,000 to approximately HKD 3,700,000, driven by higher demand for credit financial services[57]. Corporate Governance - The company has complied with all corporate governance code provisions as of December 31, 2022[91]. - The board consists of two executive directors and three independent non-executive directors, ensuring a balanced structure with relevant expertise[93]. - The company has adopted a code of conduct for securities trading by directors, confirming compliance for the fiscal year ending December 31, 2022[92]. - Independent non-executive directors have confirmed their independence in accordance with GEM listing rules[96]. - The company has established procedures for seeking independent professional advice when necessary, with costs covered by the company[101]. - The company has committed to enhancing corporate governance practices to align with international best practices[91]. Environmental, Social, and Governance (ESG) Initiatives - The group is committed to managing environmental, social, and governance (ESG) activities responsibly, aiming for sustainable development and community contribution[155]. - The total greenhouse gas emissions decreased by approximately 22.9% from about 368,973 kg in 2021 to approximately 284,385 kg in 2022[177]. - The total waste emissions increased by 4.5% from about 3,714 g in 2021 to approximately 3,882 g in 2022[174]. - The energy consumption for 2022 was 439,428 kWh, a reduction of about 20.7% from approximately 553,904 kWh in 2021[184]. - The group has identified climate change as a significant risk that could negatively impact financial performance and operations[193]. - The group has established a business continuity plan to minimize potential impacts during crises, including remote working arrangements[195]. Risk Management - The management team has emphasized the importance of risk management, with a new framework implemented to mitigate potential financial risks[81]. - The committee is responsible for monitoring the effectiveness of internal audit procedures and assessing the nature and extent of risks faced by the group[138]. - The internal control system was reviewed twice by the board and the audit committee, confirming its effectiveness and adequacy for the current scale of operations[141].

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ETS GROUP LIMITED 易 通 訊 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8031） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 全 年 業 績 公 佈 香港聯合交易所有限公司（「聯交所」）GEM之特色 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 交所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 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。 本公佈的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 ...

Financial Performance - Total revenue for the nine months ended September 30, 2022, was approximately HKD 63,077,000, a decrease of about 17% compared to HKD 75,994,000 for the same period in 2021[22] - The profit attributable to the owners of the company for the nine months ended September 30, 2022, was approximately HKD 1,949,000, compared to a loss of HKD 4,196,000 for the same period in 2021[22] - Earnings per share for the nine months ended September 30, 2022, was approximately 0.7 HK cents, compared to a loss of 1.5 HK cents for the same period in 2021[22] - Revenue from personnel dispatch services for the nine months ended September 30, 2022, was HKD 34,891,000, down from HKD 40,098,000 for the same period in 2021[29] - The total comprehensive income for the nine months ended September 30, 2022, was HKD 1,949,000, a recovery from a total comprehensive loss of HKD 4,196,000 in the same period of 2021[39] - Other income increased from approximately HKD 200,000 for the nine months ended September 30, 2021, to approximately HKD 4.9 million for the same period in 2022, mainly due to local government subsidies related to employee hiring[55] - Unaudited employee benefit expenses decreased from approximately HKD 55.2 million for the nine months ended September 30, 2021, to approximately HKD 51.6 million for the same period in 2022, primarily due to the termination of certain projects and cessation of hiring customer contact center agents[55] - Unaudited other operating expenses decreased from approximately HKD 16.2 million for the nine months ended September 30, 2021, to approximately HKD 8.7 million for the same period in 2022, a reduction of about HKD 7.5 million[55] - The group's unaudited depreciation and amortization expenses decreased from approximately HKD 7.7 million for the nine months ended September 30, 2021, to approximately HKD 4.9 million for the same period in 2022[57] - The increase in profit was mainly due to the rise in other income related to subsidies[58] Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the nine months ended September 30, 2022[34] - The company does not recommend the payment of an interim dividend for the nine months ended September 30, 2022, consistent with the previous year[41] - As of September 30, 2022, the company’s major shareholder, Wan Shi Da Enterprises Limited, holds 210,000,000 shares, representing 75% of the issued share capital[70] - The company’s major shareholder, Song Ling Elderly Care Group Limited, holds 15,625,000 shares, accounting for 5.58% of the issued share capital[73] - The company’s major shareholder, Song Ling You Tai Limited, also holds 15,625,000 shares, representing 5.58% of the issued share capital[73] - The interests held by Mr. Tang Chengbo, a deceased non-executive director, are part of his will and are held by Wan Shi Da Enterprises Limited[71] Compliance and Governance - The company has complied with all provisions of the GEM Listing Rules Appendix 15 Corporate Governance Code during the nine months ended September 30, 2022[58] - The audit committee reviewed the unaudited interim results for the nine months ended September 30, 2022, and confirmed compliance with Hong Kong Generally Accepted Accounting Principles[76] - The company has made sufficient disclosures in accordance with the Securities and Futures Ordinance[73] - The company has no provisions in its articles of association or Cayman Islands law requiring it to offer new shares to existing shareholders on a pro-rata basis[77] - There were no share options granted, exercised, expired, or lapsed under the share option scheme during the nine months ended September 30, 2022[60] - No directors or major shareholders held any interests in businesses that compete or may compete with the group's business as of September 30, 2022[67] - The company has no other disclosures regarding interests or short positions held by directors or major executives as of September 30, 2022[73] Market and Operational Insights - The local unemployment rate decreased from 4.1% in Q2 to 3.9% in Q3 2022, indicating a labor shortage that is affecting recruitment and labor costs[52] - The company anticipates that service demand levels may not return to pre-pandemic levels in the near future due to ongoing economic uncertainties[52] - The company has secured a significant development contract from a government department, although long-term labor shortages, particularly in IT, may impact project profitability[52] - The company plans to continue expanding its business across different sectors while seeking suitable investment opportunities and potential partnerships[54] - The company has invested HKD 1,000,000 to acquire 1,000,000 shares in Yuan Zheng Group Limited, representing approximately 40% of its issued share capital[49] - The company holds 165,385 shares in VAX, with a book value of approximately HKD 2,200,000, as it seeks to capitalize on opportunities in the virtual asset trading sector[48] Financial Expenses and Tax - The financial expenses for the nine months ended September 30, 2022, were HKD 122,000, compared to HKD 120,000 for the same period in 2021[24] - The estimated tax expense for the nine months ended September 30, 2022, was HKD 673,000, compared to HKD 1,103,000 for the same period in 2021[31] - Basic earnings per share for the nine months ended September 30, 2022, were approximately HKD 1,949,000, compared to a loss of HKD 4,196,000 for the same period in 2021[35] - The weighted average number of ordinary shares issued for the nine months ended September 30, 2022, was 280,000,000 shares, unchanged from the previous year[35]

Fund Utilization - The net proceeds from the issuance of convertible bonds amounted to approximately HKD 8.7 million, with HKD 2.99 million utilized as of the announcement date[5] - The remaining unutilized net proceeds from the issuance of convertible bonds is approximately HKD 5.71 million[5] - The company plans to use approximately HKD 5.02 million of the unutilized proceeds for the expansion of financial services by December 31, 2023[7] - The total planned use of proceeds from the convertible bonds includes HKD 1 million for working capital[5] Employee Recruitment and Office Expenses - The costs associated with the recruitment of additional employees for the financial services business expansion are estimated at HKD 6.2 million, with HKD 1.18 million already utilized[5] - Office relocation and renovation expenses are budgeted at HKD 1.5 million, with HKD 807,000 already spent[5] - The company has completed the office relocation and renovation for its securities and asset management business as of December 2021[8] - The remaining unutilized amount for office relocation is approximately HKD 693,000, which will be reallocated for working capital[8] Investment Strategy - The company adopts a cautious approach in its investment strategy and financial services expansion due to uncertainties from the COVID-19 pandemic[7] - The company confirms that the changes in the use of unutilized proceeds will not significantly impact its overall business[8]