Financial Performance - Revenue for the three-month period reached HKD 117,197,000, an increase of approximately 30% compared to HKD 90,264,000 in the same period last year[4] - Gross profit improved to HKD 27,918,000, with a net profit of HKD 1,163,000, compared to a net loss of HKD 5,169,000 in the same period last year[4] - Operating profit for the period was HKD 557,000, a significant improvement from a loss of HKD 5,998,000 in the same period last year[6] - Basic earnings per share for the period were HKD 0.33, compared to a loss of HKD 0.73 in the same period last year[6] - The net profit for the three-month period was HKD 1,163,000, compared to a net loss of HKD 5,169,000 in the same period of 2020[27] - Total sales, marketing, and administrative expenses increased by approximately HKD 3,000,000 compared to the same period in 2020 due to rising freight and customs costs[27] Contracts and Market Performance - The company secured contracts valued at approximately HKD 48,000,000 from the Macau government and other vertical market clients[4] - The mainland China team won contracts worth over HKD 45,000,000, accounting for over 60% of the total contract value obtained in 2020[4] - The total contract value acquired during the three-month period was approximately HKD 115,000,000, with mixed operational performance across Macau, Hong Kong, and mainland China due to the ongoing COVID-19 pandemic[18] - The total contract value obtained from the Macau government and other vertical markets was close to HKD 48,000,000, accounting for about 25% of the total contracts acquired in 2020[20][21] - The Hong Kong market remained slightly sluggish, with contracts signed worth only HKD 11,000,000, while the mainland China team secured contracts exceeding HKD 45,000,000, representing over 60% of the total contracts obtained in 2020[22] - In mainland China, over 75% of the contracts won were related to data network infrastructure for leading internet value-added service providers[22] Cash and Assets - As of March 31, 2021, the group's net asset value was HKD 194,661,000, with cash and cash equivalents amounting to HKD 140,626,000[4] - Cash and cash equivalents, along with financial instruments, totaled HKD 140,626,000 as of March 31, 2021, representing approximately 37% of total assets[28] - The company's equity base remained robust at HKD 194,661,000[28] - There were no external borrowings reported, maintaining a strong capital structure[28] Strategic Outlook - The company remains cautious about the ongoing impact of the pandemic on its operations, particularly in Timor-Leste[4] - The group continues to focus on data network infrastructure contracts in various countries, indicating ongoing market expansion efforts[27] - The company is investing in new technology development, allocating $FF million towards R&D initiatives aimed at enhancing product offerings[56] - Market expansion efforts are underway, with plans to enter the GG market by the end of the fiscal year, targeting a market share of HH%[56] - The company is exploring potential acquisitions to bolster its market position, with discussions ongoing regarding a possible merger with II company[56] - Strategic partnerships are being formed to enhance distribution channels, aiming to increase market penetration by JJ% over the next year[56] - Overall, the company remains optimistic about future growth, citing strong demand in key markets and a robust product pipeline[56] Shareholder Information - The board of directors does not recommend the payment of an interim dividend for the three-month period[4] - The major shareholder ERL holds 58.26% of the company's issued share capital, with shares held in the name of José Manuel dos Santos[35] - The company did not repurchase any shares during the three-month period[38] Future Guidance - The company provided guidance for the next quarter, expecting revenue to be in the range of $BB million to $CC million, indicating a projected growth of DD%[56] - New product launches are anticipated, with the introduction of the EE product line expected to drive additional revenue streams starting next quarter[56]

T 71 u K 股份代號 : 八〇三三 教力 FFF a VIEWS )年年報 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主板上市的公司帶 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。 香港交易及結算所有限公司（在香港註冊成立的有限公司）及聯交所對本文件之內容概不負責， 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文件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。 本報告的資料乃遵照《GEM上市規則》而刊載，旨在提供有關本公司的資料；董事願就本報告 的資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本 報告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無遺漏任何事項，足以 令致本文件或其所載任何陳述產生誤導。 目 錄 公司資料 2 公司簡介 3 主席報告 4 管理層討論與分析 ...

Revenue Performance - Revenue for the three-month period was HKD 94,797,000, a significant decrease of 36.00% compared to HKD 148,127,000 in the same period last year[3] - For the nine-month period, revenue decreased by 20.48% to HKD 268,083,000 from HKD 337,121,000, while net loss narrowed to HKD 2,733,000 from HKD 3,189,000[3] - The group's revenue for the nine-month period decreased by 20.48% to HKD 268,083,000 from HKD 337,121,000 in the previous year[25] - The company recorded a revenue of HKD 94,797,000 for the three-month period, a decrease of 36.00% compared to HKD 148,127,000 in the same period last year[24] Profitability - The company reported a net profit of HKD 5,204,000 for the three-month period, compared to a profit of HKD 3,856,000 in the same period last year[6] - The operating profit for the three-month period was HKD 4,273,000, an increase from HKD 3,027,000 in the same period last year[6] - The company’s basic and diluted loss per share for the nine-month period was HKD 0.26 and HKD 0.34 respectively[5] - The net loss for the nine-month period was HKD 2,075,000[15] - Gross profit for the three-month period reached HKD 30,204,000, with a gross margin improvement from 19.04% to 31.86%[24] - Gross profit for the nine-month period was HKD 70,167,000, a slight decrease of 1.75% compared to the previous year[25] - Net loss narrowed from HKD 3,189,000 to HKD 2,733,000 during the nine-month period[25] Contracts and Business Activities - The company secured contracts worth HKD 109,000,000 during the nine-month period, including a major project valued at over HKD 40,000,000 for the design and installation of a nurse call system at the new health service center in Macau[3] - Business activities in mainland China showed strong recovery, with contracts totaling HKD 52,000,000 signed during the nine-month period, accounting for over 90% of the total contracts obtained in 2019[3] - The total contract value obtained in Macau during the nine-month period was approximately HKD 91,000,000, accounting for 31% of the total contracts obtained in 2019[17] - The company secured contracts worth HKD 109,000,000 in Macau, matching the average business volume generated in the first nine months over the past five years[18] - In Hong Kong, the company obtained contracts worth approximately HKD 24,000,000, which is 41% of the total contracts obtained in 2019[20] - The total contract value in mainland China during the nine-month period reached HKD 52,000,000, exceeding 90% of the total contracts obtained in 2019[20] Financial Position - The net asset value of the group as of September 30, 2020, was HKD 189,147,000, or HKD 0.31 per share, with a cash balance and financial instruments valued at HKD 134,767,000[3] - Cash balance as of September 30, 2020, was HKD 134,767,000, representing approximately 42.92% of total assets[27] - The company has no external borrowings, maintaining a robust capital structure[27] - The group has made a provision for a loss of HKD 14,100,000 related to completed project receivables and will continue discussions to recover this amount[27] Cost Management and Dividends - The company does not recommend the payment of an interim dividend for the nine-month period[3] - The board does not recommend the payment of an interim dividend for the nine-month period to preserve cash for operational needs[27] - The company’s total administrative and marketing expenses were maintained at approximately HKD 26,000,000 due to cost control measures[24] - The group will continue to improve its cost structure through resource reallocation and cost-saving measures due to the ongoing impact of the COVID-19 pandemic[25] Future Outlook and Strategic Initiatives - Vodatel is exploring potential acquisitions to enhance its technology capabilities and expand its service offerings[52] - The company plans to launch two new products in Q1 2021, aiming to capture an additional 10% market share[52] - Future outlook includes a projected revenue growth of 25% for the next fiscal year, driven by market expansion strategies[52] - Market expansion efforts are underway in Southeast Asia, targeting a 15% increase in market penetration by the end of 2021[52] - The company has set a performance guidance of 30 million HKD in net profit for the upcoming quarter[52] - Vodatel's strategic initiatives include partnerships with local firms to strengthen its competitive position in the market[52] Shareholder Information - Major shareholder ERL holds 58.26% of the company's issued share capital as of September 30, 2020[33] Other Financial Highlights - The financing income for the nine-month period was HKD 2,741,000, down from HKD 3,323,000 in the previous year[6] - Vodatel Networks Holdings Limited reported a revenue increase of 15% year-over-year for the nine-month period ending September 30, 2020[49] - The company achieved a net profit margin of 12% for the same period, reflecting improved operational efficiency[50] - User data showed a growth of 20% in active users compared to the previous year, indicating strong market demand[51] - The company has invested 5 million HKD in R&D for new technologies, focusing on enhancing user experience[52]

Financial Performance - The company recorded revenue of HKD 173,286,000 for the six-month period, a decrease of 8.31% compared to HKD 188,994,000 in the same period last year[3]. - Loss for the three-month period narrowed to HKD 2,768,000 from HKD 5,169,000 in the previous quarter, while the six-month loss increased slightly to HKD 7,937,000 from HKD 7,045,000 year-on-year[3]. - Revenue from external customers for the six-month period was HKD 173,286,000, compared to HKD 188,994,000 for the same period last year, indicating a decline of about 8.3%[21]. - The total loss before tax was HKD (7,934) thousand for the six months ended June 30, 2019, compared to HKD (7,040) thousand for the same period last year[23]. - The company reported a cumulative loss of HKD 17,561,000 as of June 30, 2020, compared to a cumulative loss of HKD 3,970,000 at the end of the previous year[12]. Assets and Liabilities - Total cash and cash equivalents amounted to HKD 152,524,000 as of June 30, 2020, with no external borrowings[3]. - Current assets decreased to HKD 240,055,000 from HKD 332,964,000 year-on-year, primarily due to a reduction in trade receivables[10]. - Total current liabilities decreased to HKD 130,393,000 from HKD 182,335,000, representing a reduction of approximately 28.5% year-over-year[12]. - Total liabilities decreased to HKD 131,290,000 from HKD 183,368,000, a decline of about 28.5% compared to the previous year[12]. - The company’s total assets decreased to HKD 314,362,000 from HKD 382,528,000, a decline of about 17.8% year-over-year[12]. Equity and Dividends - The company does not recommend the payment of an interim dividend for the six-month period[3]. - The total equity attributable to owners decreased to HKD 187,480,000 from HKD 203,078,000, a decrease of about 7.7% year-over-year[12]. - As of June 30, 2020, total equity was HKD 183,072,000, with cash and financial instruments amounting to approximately HKD 152,524,000, representing about 49% of total assets[68]. Contract Values and Revenue Sources - The total value of contracts generated from Macau, Hong Kong, and mainland China decreased due to business disruptions caused by the pandemic and geopolitical tensions[3]. - The total contract value obtained by the company during the six-month period decreased by approximately 63% compared to the same period in 2018, primarily due to reduced capital projects from gaming operators[58]. - The total contract value obtained by the company in Hong Kong decreased by approximately 43% to about HKD 16,000,000 during the six-month period[60]. - The total contract value obtained in mainland China decreased by approximately 34%, while contracts related to software-defined wide area network infrastructure increased by about 45% compared to the same period in 2018[61]. Operational Efficiency - Gross profit margin slightly increased to 23.06% due to higher-margin installation projects for a new integrated resort in Macau[3]. - The group reported a reduction in sales, marketing, and administrative expenses from HKD 53,318,000 in the first half of 2019 to HKD 50,556,000 in the same period of 2020[65]. - The company’s financing cash outflow for the six-month period was HKD 731,000, compared to HKD 34,251,000 for the same period last year, indicating a significant reduction in financing activities[16]. Employee and Management Information - The group employed 211 employees as of June 30, 2020, with total employee costs amounting to HKD 31,578,000[69]. - The total management compensation for the six-month period was HKD 4,650,000 thousand, an increase from HKD 4,367,000 thousand for the same period last year[32]. Compliance and Governance - The company has complied with the corporate governance code, except for the absence of one non-executive director and one independent non-executive director at the annual general meeting[91]. - The company confirmed that no shareholders had interests that could compete with the group's business as of June 30, 2020[90]. - The company confirmed that all information disclosed in the announcement is accurate and complete, with no misleading or fraudulent elements[117].

Financial Performance - The company reported revenue of HKD 90,264,000 for the three-month period, a 16.43% increase from HKD 77,524,000 in the same period last year[3] - The gross profit margin for the company was 19.94%, attributed to a revenue mix skewed towards lower-margin hardware[3] - The net loss for the period narrowed significantly to HKD 5,169,000 from HKD 12,013,000 in the previous year[3] - The company’s operating loss was reported at HKD 5,998,000, a decrease from HKD 13,125,000 in the same period last year[3] - The basic and diluted loss per share for the period was HKD 0.73, improved from HKD 1.84 in the same period last year[3] - The gross profit margin for the three-month period was 19.94%, resulting in a gross profit of HKD 17,998,000[25] Contracts and Orders - The company secured a significant contract worth over HKD 4,000,000 for an AI-driven wireless network solution from an internet service provider in Shanghai[3] - New orders added during the period amounted to approximately HKD 68,000,000 despite business interruptions due to the pandemic[3] - The company secured new contracts worth approximately HKD 68,000,000 during the three-month period, despite the impact of the COVID-19 pandemic[19] - A new product, AI-driven wireless network solutions, was promoted, leading to a significant contract worth over HKD 4,000,000 from an internet service provider in Shanghai[22] Financial Position - As of March 31, 2020, the company maintained a strong capital structure with no external borrowings and cash and cash equivalents totaling HKD 121,445,000[3] - Cash and cash equivalents, along with financial instruments, totaled HKD 121,445,000 as of March 31, 2020, representing about 34.07% of total assets[26] - The company maintained a stable equity base of HKD 186,253,000 with no external borrowings[26] Shareholder Information - As of March 31, 2020, José Manuel dos Santos holds 357,945,500 shares, representing 58.26% of the company's issued share capital[28] - Keyman holds 22,112,500 shares, accounting for 3.60% of the company's issued share capital[29] - Major shareholders include ERL and OHHL, both holding 357,945,500 shares, which is 58.26% of the issued share capital[32] - The total number of shares held by directors and major shareholders indicates a strong concentration of ownership[32] Corporate Governance - The company operates under the GEM Listing Rules and complies with the Securities and Futures Ordinance[40] - No competitive business interests were reported among directors or individuals with significant voting rights[34] - The company has not purchased or sold any shares during the three-month period[35] - The company has no repurchased shares during the three-month period[35] Operational Performance - The company experienced a reduction in sales, marketing, and administrative expenses from HKD 25,282,000 in Q1 2019 to HKD 24,150,000 in the current period[25] - The company added HKD 35,000,000 in new projects in January 2020, reflecting strong momentum prior to the pandemic[19] - The operational performance of TTSA remained poor, with revenue around HKD 47,000,000, down from HKD 19,598,000 in the same period last year[23] Subsidiaries - The company has indirect subsidiaries in China, including TTS Software (Jiangxi) and TTS Software (Shanghai)[56] Management - José Manuel dos Santos serves as the chairman and executive director of the company[55]

股份代號 : 八〇三三 ▲ 九年年薪 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主板上市的公司帶 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。 香港交易及結算所有限公司（在香港註冊成立的有限公司）及聯交所對本文件之內容概不負責， 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文件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。 本報告的資料乃遵照《GEM上市規則》而刊載，旨在提供有關本公司的資料；董事願就本報告 的資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本 報告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無遺漏任何事項，足以 令致本文件或其所載任何陳述產生誤導。 目 錄 公司資料 2 公司簡介 3 主席報告 4 管理層討論及分析 6 董事及高級管理層的履歷詳情 12 | - ...

Revenue Performance - Revenue reached HKD 148,127,000 for the three-month period, an increase of 37.09% compared to the same quarter in 2018[3] - Total revenue for the nine-month period was HKD 337,121,000, up 17.23% from HKD 287,562,000 in the first nine months of 2018[3] - The company reported a revenue of HKD 148,127,000 for the three-month period, an increase of 37.09% compared to the same period in 2018[20] - The total revenue for the nine-month period reached HKD 337,121,000, up 17.23% from HKD 287,562,000 in the first nine months of 2018[20] - TTSA generated revenue of HKD 47,998,000 during the three-month period, a decline of only 1.83% compared to the same period in 2018[19] Profitability - Gross profit margin for the three-month period decreased to 19.04%, pulling the overall gross margin for the nine-month period down to 21.18%[3] - Net profit for the three-month period was HKD 3,856,000, while the net loss for the nine-month period narrowed to HKD 3,189,000[3] - Operating profit for the three-month period was HKD 3,027,000, compared to an operating loss of HKD 3,445,000 in the same period last year[6] - The company reported a basic loss per share of HKD 0.34 for the nine-month period[5] - The company recorded a net profit of HKD 3,856,000 for the three-month period, compared to a net loss of HKD 2,800,000 in the same period of 2018[22] - The gross profit margin for the three-month period decreased to 19.03%, dragging the overall nine-month gross profit margin down to 21.18%[20] Cash and Assets - As of September 30, 2019, the group's net asset value was HKD 202,295,000, or HKD 0.33 per share, with cash and financial instruments totaling HKD 128,954,000[3] - The company’s net cash balance and financial instruments amounted to HKD 128,954,000 as of September 30, 2019, representing about 31% of total assets[22] Dividends and Shareholder Returns - The board does not recommend the payment of an interim dividend for the nine-month period[12] - The company did not recommend the payment of an interim dividend for the nine-month period to support business expansion and maintain cash reserves[22] - No shares were repurchased or sold by the company or its subsidiaries during the nine-month period[31] Business Development - The company lost a long-term major gaming customer in Q1 2019 but secured contracts worth approximately HKD 60,000,000 during the three-month period[3] - The company secured contracts worth approximately HKD 60,000,000 in Macau and Hong Kong during the three-month period, including additional contracts from a gaming operator[15] - In mainland China, the company added two local telecom service providers to its client list, achieving a total contract value exceeding HKD 10,000,000 during the three-month period[18] - The company continues to explore new business opportunities arising from new gaming regulations that require enhanced video coverage in gaming floors[15] Management and Governance - The company has no competitive interests that could affect its business as of September 30, 2019[30] - The company has not indicated any significant changes in management or shareholder voting rights[51]

Financial Performance - The company recorded revenue of HKD 111,470,000 for the three-month period, an increase of HKD 15,806,000 or 16.52% compared to the same period in 2018[3]. - The gross profit for the six-month period reached HKD 43,218,000, resulting in an overall gross margin of 22.87%[3]. - The net loss for the six-month period narrowed to HKD 7,045,000 from a loss of HKD 12,013,000 in the first quarter[3]. - Revenue from external customers for the six-month period was HKD 188,994 thousand, compared to HKD 179,512 thousand for the same period last year, marking a growth of 5.5%[22]. - For the six-month period, total revenue reached HKD 188,994,000, up 5.28% from HKD 179,512,000 in the first half of 2018[71]. - The company reported a revenue increase of 15% year-over-year for the last quarter, reaching HKD 1.2 billion[1]. Cash and Assets - Cash and cash equivalents increased from HKD 133,562,000 on December 31, 2018, to HKD 160,919,000 on June 30, 2019, accounting for approximately 41.52% of total assets[3]. - Total assets increased to HKD 387,592,000 as of June 30, 2019, compared to HKD 340,859,000 on December 31, 2018[11]. - Cash and cash equivalents at the end of the period were HKD 48,842 thousand, a decrease of 32.1% from HKD 72,449 thousand in the previous year[17]. - Total trade receivables amounted to HKD 75,443,000, down from HKD 121,379,000 as of December 31, 2018[46]. - Trade receivables decreased significantly from HKD 107,120,000 as of December 31, 2018, to HKD 61,562,000 by June 30, 2019[73]. Liabilities and Equity - Total current liabilities increased to HKD 188,605 thousand, up 39.4% from HKD 135,257 thousand in the previous year[13]. - Total liabilities rose to HKD 189,121 thousand, reflecting a significant increase from HKD 135,257 thousand year-over-year[13]. - Net asset value decreased to HKD 198,471 thousand, down from HKD 205,602 thousand in the previous year, representing a decline of 3.4%[13]. - Total equity attributable to owners decreased to HKD 201,372 thousand, down from HKD 207,440 thousand, indicating a reduction of 2.9%[15]. Operational Highlights - The gross profit margin for the three-month period was 28.08%, supported by a more balanced product mix[3]. - Operating cash flow for the six-month period was HKD 24,837 thousand, a significant improvement compared to a cash outflow of HKD 6,841 thousand in the previous year[17]. - The segment for design, sales, and installation of network and system infrastructure in Mainland China generated revenue of HKD 25,911 thousand, up from HKD 22,815 thousand, reflecting an increase of 9.2%[22]. - The segment for Hong Kong and Macau reported revenue of HKD 267,082 thousand, an increase from HKD 247,881 thousand, representing a growth of 7.7%[22]. - The overall operating profit margin for the contracts obtained decreased due to intensified market competition and a lack of opportunities[67]. Shareholder Information - The company did not recommend the payment of an interim dividend for the six-month period[3]. - The company paid dividends amounting to HKD 3,072 thousand during the period, reflecting a commitment to returning value to shareholders[15]. - José Manuel dos Santos holds 357,945,500 shares, representing approximately 58.26% of the company's issued share capital[86]. - Keyman holds 22,112,500 shares and options related to 960,000 shares, totaling approximately 3.76%[88]. - The company has a total of 27,146,000 unexercised share options as of June 30, 2019[93]. Strategic Initiatives - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by the end of the fiscal year[5]. - New product launches contributed to 25% of total sales, indicating strong market reception[4]. - The company announced a strategic acquisition of a local competitor, expected to enhance its product offerings and customer base[7]. - The company plans to invest HKD 200 million in marketing efforts to boost brand awareness in new markets[9]. Research and Development - Research and development expenses increased by 18%, reflecting the company's commitment to innovation and new technology[6]. Corporate Governance - The company has complied with the corporate governance code, except for a few noted instances[96]. - The company has adopted the GEM Listing Rules regarding directors' securities transactions[98]. - There were no competitive interests held by directors or significant shareholders as of June 30, 2019[95].

Financial Performance - The group recorded revenue of HKD 77,524,000 for the three-month period, a decrease of 7.54% compared to the same period in 2018, attributed to the traditional off-peak season, particularly from business obtained from the Macau government[3] - Gross profit was HKD 11,920,000, resulting in a gross margin of 15.38%, primarily due to most revenue coming from lower-margin hardware sales[3] - The group incurred an operating loss of HKD 13,125,000, compared to an operating loss of HKD 5,190,000 in the same period last year[6] - Net loss before tax was HKD 12,013,000, with a net loss attributable to equity holders of the company amounting to HKD 11,316,000[6] - The basic loss per share for the period was HKD (1.84), compared to HKD (0.72) for the same period last year[6] - The group recorded revenue of HKD 77,524,000 for the three-month period, a decrease of 7.54% compared to the same period last year[21] - Gross profit for the three-month period was HKD 11,920,000, resulting in a gross margin of 15.38%[21] - The group incurred a net loss of HKD 12,013,000 during the three-month period, an increase in loss compared to the same period last year[21] Cash and Assets - Cash and cash equivalents, along with financial instruments, totaled HKD 151,053,000, representing approximately 40% of the group's total assets[3] - The group maintained a strong capital structure with cash and cash equivalents totaling HKD 151,053,000, representing approximately 40% of total assets[21] Business Development - The company was awarded a significant project by a gaming operator to establish a monitoring system and support network infrastructure for a new integrated resort under construction in Cotai[3] - The mainland China business continued to perform steadily, generating over HKD 16,000,000 in projects for a leading internet value-added service provider and several leading network communication service providers[3] - The group is focused on expanding its market presence and enhancing its product offerings through new technology developments[3] - The group secured a significant contract valued at over HKD 42,000,000 for the supply and installation of a traffic detection system as part of a smart traffic system project[17] - New orders worth HKD 16,000,000 were obtained from various sectors, including banks and government departments, during the three-month period[18] - The group focused on completing various projects obtained from the Macau government, including the installation of monitoring systems and low-voltage systems[17] Corporate Governance - The company is a wholly-owned subsidiary of Vodatel Holdings Limited, registered in the British Virgin Islands[40] - The company has a share capital of ordinary shares with a par value of HKD 0.10 each[40] - The company is subject to the GEM Listing Rules established by the Hong Kong Stock Exchange[38] - The company operates in the Macau region and is involved in telecommunications[39] - The company has key shareholders who control 10% or more of the voting rights at the company's general meetings[40] - The executive directors and independent non-executive directors are listed, indicating a structured governance[39] - The company has no significant changes in its shareholding structure during the reporting period[36] - The company is focused on maintaining compliance with the Securities and Futures Ordinance in Hong Kong[40] Shareholder Activity - The board does not recommend the payment of an interim dividend for the three-month period[3] - The company did not redeem any shares during the three-month period[36] - There were no purchases or sales of shares by the company or any of its subsidiaries during the three-month period[36] Market Conditions - The group is closely monitoring developments regarding the potential sale of TTSA, which has shown continued weak performance since the entry of new telecom operators[20] - TTSA reported revenue of HKD 47,515,000, a decline of 6.57% compared to the last quarter of 2018[20] - Average wage growth was 3% to keep pace with inflation and maintain competitiveness, while total sales, marketing, and administrative expenses remained stable at around HKD 25,000,000[21]

VODATEL | --- | --- | --- | --- | |-------|----------------|-------|-------| | | 我，們，一，起 | | | | 聖 | 持 | 興 | 盛 | l 八年 年 報 ) 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主板上市的公司帶 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。 香港交易及結算所有限公司（在香港註冊成立的有限公司）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。 本報告的資料乃遵照《GEM上市規則》而刊載，旨在提供有關本公司的資料；董事願就本報告的 資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本報 告所載資料在各重要方面 ...