Quantum Thinking Limited 量子思維有限公司 香 港 交 易 及 結 算 所 有 限 公 司 及 聯 交 所 對 本 公 告 之 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 本 公 告 之 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 提 供 有 關 量 子 思 維 有 限 公 司（「本 公 司」）資 料。本 公 司 各 董 事（「董 事」）願 就 本 公 告 的 資 料 共 同 及 個 別 地 承 擔 全 部 責 任。董 事 在 作 出 一 切 合 理 查 詢 後，確 認 就 彼 等 所 知 及 所 信，本 公 告 所 載 資 料 在 各 重 大 方 面 均 屬 準 確 及 完 備，沒 有 誤 導 或 欺 詐 成 分，且 並 無 遺 漏 任 何 事 項，足 以 致 令 本 公 告 或 其 所 載 ...

总体来说是，全省文旅存在"名气大但产业弱、人气旺但税收少、市场好但营销差"的问题。特别是景区设施陈旧，新 业态与数字化不够，市场主体少而散，游客没有沉浸式体验，留不住人、留不下钱。根本原因是观念不新、思路不 清、方法不灵，停留于同质化、一般化、低效化、平庸化层级。我们必须从"牛顿思维"转向"量子思维"，做到"热话 题要冷思考、旧产业要新转换、轻资产要重创意"。 （A）当前困境与具体表现 （一）问题诊断。 从产品与供给看：产品结构失衡，核心文化IP（大熊猫文化、三国文化、古蜀文化等）未能转化为高影响力的旅游产 品；供给质量不高，旅游产品"点强线弱"，缺乏串联，未能充分激发游客的消费潜力；品牌影响力有限，对重点品牌 的培育和宣传力度不足，内涵挖掘不够深入。 李后强：中共四川省委四川省人民政府决策咨询委员会副主任、成都市社会科学界联合会主席、四川省社会科学院二 级教授、博士生导师 四川有世界著名的旅游资源，如都江堰、九寨黄龙、峨眉山与乐山大佛等等。四川省委省政府提出了建设文旅强省的 目标。但是从基层调研情况看，我省一些市县普遍存在着"发展愿望强烈与现实条件不足、资源优势较弱与市场预测 较好、项目投资巨大与模仿抄袭严 ...

李后强 据说，著名学者张维迎教授曾讲到，传统文化行业是骗子云集之地，尤其是武术界、中医药界、国学 界、书法国画界。这是不是张教授讲的，我没有求证。至少，这种现象是局部存在的。其实，在中 国"酒文化""茶文化"界，骗子也不少。到目前为止，我们对中国白酒的认识都是停留在表面，根本没有 看清本质，而"酒文化"的骗子又大行其道，歪理邪说深得人心。因此，我认为中国白酒界如果不立刻清 醒，仍然处于"醉态"，那么苦日子还在后面，大批酒企会因骗子引导而自取灭亡。这就是残酷的现实与 未来！清醒的路径之一，就是从"牛顿思维"转向"量子思维"。 一、当前中国白酒的困境：牛顿思维的失效 中国白酒行业正经历结构性危机。2024年数据显示，白酒消费市场进入"量价双降"周期，高端酒价格倒 挂率超60%，次高端产品流通价跌破出厂价，经销商库存周转天数普遍超过200天。传统营销模式依 赖"渠道蓄水"和"规模化扩张"，通过压货完成业绩目标，但如今渠道库存积压、经销商毛利率压缩至不 足8%，形成"降价－贬值－滞销"的恶性循环。这种困境的根源在于牛顿思维的失效——将市场视为线 性、确定、可预测的系统。传统白酒企业以"静态数据"为决策依据，试图通过价 ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HK$21,867,000, a slight increase from HK$21,463,000 in the corresponding period of 2023[6]. - The loss for the period attributable to owners of the Company was HK$4,496,000, compared to a profit of HK$12,799,000 in the same period last year[8]. - Basic and diluted loss per share for the period was HK$0.33, a decrease from earnings of HK$0.94 per share in the previous year[8]. - Total comprehensive expense for the period attributable to owners of the Company was HK$4,304,000, compared to a comprehensive income of HK$13,421,000 in the corresponding period of 2023[8]. - The company reported a profit of HK$12,799,000 for the period ended September 30, 2023, compared to a loss of HK$229,814,000 in the previous period[14]. - Total comprehensive income for the six months ended September 30, 2023, was HK$13,440,000, significantly improving from a total comprehensive loss of HK$4,590,000 in the same period last year[14]. - For the six months ended September 30, 2024, the Group reported a loss attributable to owners of the Company of HK$4,496,000[33]. - The Group's loss before income tax for the corresponding period was approximately HK$12,287,000[160]. Assets and Liabilities - Current liabilities totaled HK$21,144,000, with net current liabilities of HK$6,810,000 as of September 30, 2024[13]. - Total non-current assets amounted to HK$539,000, while total current assets were HK$14,334,000[13]. - The Company reported a capital deficiency of HK$6,271,000 as of September 30, 2024[13]. - As of September 30, 2023, total equity amounted to HK$4,679,000, a decrease from HK$13,373,000 as of April 1, 2023[14]. - The total assets as of September 30, 2024, were HK$14,873,000, down from HK$15,721,000 as of March 31, 2024[67]. - Total liabilities increased to HK$21,144,000 as of September 30, 2024, compared to HK$17,402,000 as of March 31, 2024[67]. Cash Flow and Financing - Net cash used in operating activities for the six months ended September 30, 2024, was HK$4,935,000, an improvement from HK$6,090,000 in the previous year[17]. - Cash and cash equivalents at the end of the period were HK$1,399,000, down from HK$2,742,000 at the beginning of the period[17]. - The company recorded a net cash generated from financing activities of HK$3,553,000, compared to a net cash used of HK$474,000 in the previous year[17]. - The company raised net proceeds of approximately HK$100 million through a subscription by issuing 450,000,000 ordinary shares at a subscription price of HK$0.225 per share[198]. - The proceeds were allocated to increase registered capital and further investment in Guangzhou YBDS IT Ltd. and Beijing YBDS IT Co., Ltd.[198]. Revenue Breakdown - Revenue for the six months ended September 30, 2024, was HK$21,867,000, a significant increase from HK$8,273,000 in the same period of 2023, representing a growth of 164%[40]. - Revenue from short messaging service fees was HK$20,217,000 for the six months ended September 30, 2024, compared to HK$3,581,000 in the previous year, indicating a growth of 463%[40]. - Revenue from hardware sales decreased to HK$96,000 in the reporting period from HK$692,000 in the previous year, reflecting a decline of 86%[40]. - Revenue from system development and consultancy services was HK$1,554,000, down from HK$4,000,000, representing a decrease of 61%[40]. - Approximately 92% of the Group's total revenue during the Reporting Period came from short messaging services, up from approximately 70% in the previous financial year[179]. Strategic Focus and Future Plans - The Company is focused on improving its financial position and exploring new market opportunities[5]. - Future strategies may include potential market expansion and product development initiatives[5]. - The Group is implementing measures to control administrative costs, including human resources optimization and management remuneration adjustments[34]. - The company is considering increasing investment in short messaging services to expand operations and increase revenue[197]. - The company contemplates diversifying into another value-added service such as messaging for marketing in the future[197]. Operational Challenges - The geopolitical tensions and sanctions from the US have impacted the demand for information system solutions in China, leading to project delays and scaled-down operations[166]. - The information system solution industry in China is facing sluggish demand and challenges from US sanctions against the technology sector[193]. Corporate Governance - The Board does not recommend the payment of an interim dividend for the reporting period, consistent with the previous year where no dividend was paid[99]. - The weighted average number of ordinary shares in issue during the reporting period remained constant at 1,356,250,000 shares for both periods[97]. - As of September 30, 2024, the Group had outstanding amounts due to a director totaling approximately HK$4,800,000, which is unsecured, interest-free, and repayable in December 2024, February 2025, March 2025, and June 2025[199]. - The Group also has a loan owing to a shareholder with an outstanding balance of approximately HK$2,200,000, which is unsecured, interest-free, and repayable in July 2025[199].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 21,867,000, a significant increase from HKD 8,273,000 in the same period of 2023, representing a growth of 164%[4] - Gross profit for the same period was HKD 404,000, down from HKD 651,000 in 2023, indicating a decline of 38%[4] - The company reported a loss before tax of HKD 4,577,000 compared to a profit of HKD 12,287,000 in the previous year, marking a shift of 137%[4] - The company reported a basic loss per share of HKD 0.33, compared to earnings per share of HKD 0.94 in the previous year[8] - For the six months ended September 30, 2024, the company reported a loss attributable to shareholders of HKD 4,496,000[37] - The group incurred a total loss before tax of HKD 4,577,000 for the six months ended September 30, 2024[48] - The company reported a loss of HKD (4,496,000) for the period, reflecting a decrease in overall performance compared to previous periods[24] Expenses and Costs - Administrative expenses decreased to HKD 4,931,000 from HKD 7,568,000, reflecting a reduction of 35%[4] - Interest expenses related to lease liabilities for the six months ended September 30, 2024, were HKD 14,000, down from HKD 36,000 in the same period of 2023, a decrease of 61.1%[61] - The cost of goods sold for the six months ended September 30, 2024, was HKD 91,000, a decrease from HKD 654,000 in the same period of 2023, indicating a reduction of 86.1%[64] - Research and development costs for the six months ended September 30, 2024, were HKD 69,000, down from HKD 874,000 in the same period of 2023, reflecting a decrease of 92.1%[64] - Other income for the six months ended September 30, 2024, included HKD 2,000 from various sources, compared to HKD 198,000 in the same period of 2023, indicating a decrease of 98.99%[60] - The company’s financial expenses for the six months ended September 30, 2024, totaled HKD 14,000, a significant decrease from HKD 453,000 in the same period of 2023, reflecting a reduction of 96.9%[61] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 14,873,000, compared to HKD 15,721,000 as of March 31, 2024[14] - Current liabilities increased to HKD 21,144,000 from HKD 17,402,000, representing a rise of 21%[17] - The company's equity attributable to owners decreased to HKD 7,620,000 from HKD 11,924,000, a decline of 36%[21] - As of September 30, 2024, the total equity amounted to HKD 4,679,000, a decrease from HKD 13,440,000 as of March 31, 2024[24] - The company’s total liabilities increased to HKD 227,706,000 as of September 30, 2024, compared to HKD 223,210,000 as of March 31, 2024[24] - As of September 30, 2024, current liabilities exceeded current assets by approximately HKD 6,810,000, with a net debt of about HKD 6,271,000[37] Revenue Sources - Revenue from short message services increased significantly to HKD 20,217,000 for the six months ended September 30, 2024, compared to HKD 3,581,000 for the same period in 2023, representing a growth of 463%[40] - Approximately 92% of the group's total revenue during the reporting period came from SMS services, up from about 70% in the previous fiscal year[98] - The group has continued to expand its SMS service business by signing multiple contracts with information technology companies to meet the growing demand in e-commerce and logistics sectors[96] Business Operations and Strategy - The company has not reported any new product launches or technological advancements during the reporting period[4] - There are no indications of market expansion or mergers and acquisitions in the current financial report[4] - The group plans to continue controlling administrative costs through various channels, including optimizing human resources and adjusting management salaries[37] - The group is focusing on business transformation and diversification to mitigate adverse impacts from challenging market conditions[94] - The group is considering increasing investment in SMS services to expand this business and enhance revenue, aiming to develop it into a growth point[111] Share Capital and Ownership - The company has a total of HKD 135,625,000 in share capital as of September 30, 2024, unchanged from previous periods[24] - The total issued share capital was 1,356,250 thousand shares, with a par value of HKD 0.10 per share[75] - Happy On Holdings Limited now holds approximately 72.83% of the company's issued share capital following the subscription event[114] Market Conditions and Industry Insights - The company noted that the information systems solutions industry in China is facing challenges due to economic slowdown and geopolitical tensions[88] - The demand for information technology system operations is expected to grow due to the booming e-commerce and logistics sectors in China[90] - The company emphasized that the impact of economic slowdown on information technology system operations is relatively small compared to system development industries[89] - In the first nine months of 2024, the domestic mobile SMS business volume increased by 3.6% to approximately 1.447 trillion messages[92] - The Chinese AI market is projected to grow from RMB 213.7 billion in 2023 to RMB 280 billion in 2024, driven by innovations in large language models[93] Corporate Governance - The Audit Committee was established in May 2000 and consists of independent non-executive directors, ensuring compliance with GEM listing rules[144] - The Audit Committee's main responsibilities include reviewing the group's audit results, accounting policies, and compliance with GEM listing rules[144] - The announcement confirms that the directors are responsible for the accuracy and completeness of the information provided, with no misleading or fraudulent elements[145] - The announcement will be published on the Hong Kong Stock Exchange website for at least seven consecutive days[146]

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示 概不就因本報告全部或任何部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。 GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only a ...

Quantum Thinking Limited 量子思維有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8050） 截 至 二 零 二 四 年 三 月 三 十 一 日 止 年 度 的 末 期 業 績 公 告 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。 香 港 交 易 及 結 算 所 有 限 公 司 及 聯 交 所 對 本 公 告 之 內 容 概 不 負 責 ...

Financial Performance - For the six months ended September 30, 2023, the revenue was HK$8,273,000, a decrease of 17.5% compared to HK$10,023,000 for the same period in 2022[8]. - Gross profit for the six months was HK$651,000, down 58.6% from HK$1,568,000 in the corresponding period of 2022[8]. - The profit before income tax for the period was HK$12,287,000, compared to a loss of HK$7,258,000 in the same period last year[8]. - The profit for the period attributable to owners of the Company was HK$12,799,000, a significant recovery from a loss of HK$6,317,000 in the previous year[9]. - Basic earnings per share for the six months was HK$0.94, compared to a loss per share of HK$0.47 in the same period of 2022[9]. - The total comprehensive income for the period was HK$13,440,000, compared to a total comprehensive loss of HK$6,692,000 in the corresponding period last year[9]. - The Company recorded a gain on the disposal of a subsidiary amounting to HK$19,286,000 during the reporting period[8]. - Other income for the six months was HK$371,000, down from HK$991,000 in the same period last year[8]. Assets and Liabilities - Total non-current assets decreased from HK$1,977,000 to HK$1,412,000, a decline of 28.6%[11]. - Current assets decreased from HK$32,656,000 to HK$18,931,000, a reduction of 42.1%[11]. - Total current liabilities decreased from HK$47,195,000 to HK$15,374,000, a decrease of 67.4%[11]. - Net current assets improved from a deficit of HK$14,539,000 to a surplus of HK$3,557,000[11]. - Total assets as of September 30, 2023, were HK$20,343,000, a decrease from HK$34,633,000 as of March 31, 2023[51]. - Total liabilities as of September 30, 2023, were HK$15,664,000, down from HK$48,006,000 as of March 31, 2023[51]. - Trade payables as of September 30, 2023, were HK$9,159,000, down from HK$13,877,000 as of March 31, 2023, indicating a reduction of approximately 34%[81]. - Other payables and accruals decreased to HK$5,346,000 as of September 30, 2023, from HK$6,883,000 as of March 31, 2023, reflecting a decline of about 22%[81]. Cash Flow - Net cash used in operating activities was HK$6,090,000, slightly improved from HK$7,034,000 in the previous year[16]. - Cash flows from investing activities generated a net cash inflow of HK$5,715,000, compared to HK$7,557,000 in the previous year[16]. - The company recorded a net decrease in cash and cash equivalents of HK$849,000, compared to HK$361,000 in the previous year[16]. - Cash and cash equivalents at the end of the period were HK$2,595,000, down from HK$7,254,000 in the previous year[17]. - The Group's cash at banks and in hand was HK$2,595,000, compared to HK$6,054,000 in the previous year[17]. - The Group's short-term time deposits in banks decreased from HK$1,200,000 to HK$0[17]. - The Group's cash flow was negatively impacted by foreign exchange rate changes, with a decrease of HK$49,000[17]. Business Operations and Strategy - The Group will continue to control administrative costs through human resources optimization and management remuneration adjustments[33]. - The Group signed contracts in April 2023 with two information technology companies to provide multimedia short messaging service, which is expected to be profitable[33]. - The Group has shifted its business focus from the development of information technology systems to their operation, including diversifying into value-added services such as short messaging services[115]. - The Group began cooperation with an information technology company to provide multimedia short messaging services for businesses in Guangdong province, with contracts signed in the second half of 2022 and the first quarter of the financial year ending 31 March 2024[116]. - The company is diversifying into the wearable device market, specifically targeting children's smartwatches, with a launch planned by the end of 2023 in Liaoning and Guangdong provinces[117]. - The company aims to start the smartwatch business by the end of 2023, initially targeting the Liaoning and Guangdong provinces in mainland China[145]. - The company continues to operate its back-end businesses, including internet electronic identity authentication and AI services, to capitalize on China's digital economy[146]. Employee and Management Information - Key management personnel remuneration for the six months ended 30 September 2023 amounted to HK$1,234,000, down from HK$1,433,000 for the same period in 2022[99]. - The total remuneration paid to employees for the reporting period was approximately HK$2,851,000, a decrease from HK$3,327,000 in 2022[173]. - The Company employed 24 employees as of September 30, 2023, a decrease from 27 employees in the previous year[175]. Share Capital and Ownership - The company raised net proceeds of approximately HK$100 million through a subscription by issuing 450,000,000 ordinary shares at a price of HK$0.225 per share[150]. - Happy On Holdings Limited holds approximately 72.83% of the total issued share capital of the company following the subscription[150]. - The total number of issued shares of the Company as of September 30, 2023, is 1,356,250,000[186]. - The Group's issued and fully paid ordinary shares remained at 1,356,250,000 as of both September 30, 2023, and March 31, 2023, with a share capital of HK$135,625,000[85]. Compliance and Governance - The Group's financial statements have been prepared in accordance with HKAS 34 and the GEM Listing Rules[22]. - The company has complied with the GEM Listing Rules regarding securities transactions by directors throughout the reporting period[194]. - The company has adopted the Corporate Governance Code provisions but deviated from provisions C.1.8 and C.2.1[195]. - The roles of chairman and chief executive officer are not separated, which is a deviation from Code Provision C.2.1[197].

Quantum Thinking Limited 量 子 思 維 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8050） 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 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 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及聯交所對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內 容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告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 在提供有關量子思維有限公司（「本公司」）的資料。本公司的董事（「董事」）願就 本公告的資料共同及個別地承擔全部責任。各董事在 ...

Financial Performance - For the three months ended June 30, 2023, the Company reported revenue of HK$3,222,000, a decrease of 37.6% compared to HK$5,165,000 in the same period of 2022[8]. - The gross profit for the same period was HK$387,000, down 50.2% from HK$778,000 in the prior year[8]. - The loss before income tax for the period was HK$3,503,000, slightly improved from a loss of HK$3,614,000 in the corresponding period of 2022[8]. - The total comprehensive expense for the period was HK$2,489,000, compared to HK$3,453,000 in the same period last year, indicating a reduction of 28.0%[9]. - The loss attributable to owners of the Company was HK$3,329,000, compared to HK$3,168,000 in the previous year, reflecting an increase in loss[9]. - The Company recorded other income of HK$241,000, down 19.1% from HK$298,000 in the same period of 2022[8]. - The administrative expenses decreased to HK$3,887,000 from HK$4,438,000, a reduction of 12.4% year-over-year[8]. - Basic loss per share for the reporting period was calculated based on 1,356,250,000 ordinary shares in issue[35]. - Other income for the three months ended June 30, 2023, was HK$241,000, a decrease from HK$298,000 in the same period in 2022[29]. - The Group received no government grants for the three months ended June 30, 2023, compared to HK$80,000 in the same period in 2022[29]. Business Strategy and Development - The Company continues to focus on system development services and value-added technical consultation services as part of its core business strategy[13]. - The Group is diversifying into value-added services, including multimedia short messaging services for businesses, and has signed contracts to expand this business[52][55]. - The Group is preparing to enter the market for wearable devices, such as smartwatches for children, which will be bundled with telecommunication services, with progress expected in the second half of 2023[53][55]. - The Group's ongoing business transformation aims to broaden income streams and foster growth drivers amid the challenging market conditions[54]. - The Group's strategy focuses on capitalizing on China's growing digital economy through back-end and front-end IT software and system development[57]. - The Group will continue to develop back-end businesses such as internet electronic identity authentication, electronic signature, and AI services to capitalize on China's booming digital economy[83]. Market Environment - The Chinese government's relaxation of anti-pandemic measures contributed to a 6.3% year-on-year growth in the country's GDP in the second quarter of 2023[42][44]. - The geopolitical tensions and sanctions against China's technology sector have created a complicated business environment for the information system solution industry[42][44]. Subsidiary Activities - CITIC Cyber Security, a 70%-held subsidiary, has implemented its eCitizen product for electronic identity authentication in banks and other companies[58]. - During the Reporting Period, CITIC Cyber Security conducted information verification for a securities brokerage and a full-service investment banking enterprise[59]. - CITIC Cyber Security is building a real-name system management infrastructure based on eCitizen technology, providing 5G-eCitizen SIM cards and customized applications[63]. - The Group's subsidiary signed a framework agreement to provide RPA training and consultancy, enabling AI-based customer services for a telecommunications company[67]. - The Group has engaged in supplying electrical components and designing mobile web pages for marketing purposes during the Reporting Period[69]. - The Group signed a contract to provide multimedia short messaging services for businesses through a major telecommunications carrier's network, generating income during the Reporting Period[76]. - CITIC Cyber Security continues to fulfill contracts for building unified digital authentication systems and application integration for various clients[72]. Financial Position - As of June 30, 2023, the accumulated losses of the Company stood at HK$233,143,000[11]. - As of June 30, 2023, the Group held financial assets at fair value through profit or loss of approximately RMB5,198,000, down from RMB7,185,000 as of March 31, 2023[94]. - The Group recorded total income of approximately HK$37,000 during the reporting period, mainly from dividend income received from its investment portfolio[94]. - The dual business strategy of fostering both front-end and back-end businesses aims to mitigate adverse impacts from a complicated business environment and support long-term development[86]. - The Group raised net proceeds of approximately HK$100 million through a subscription by issuing 450,000,000 ordinary shares at a price of HK$0.225 per share[87]. Governance and Compliance - The audit committee, established in May 2000, comprises independent non-executive directors and is responsible for reviewing the group's audit findings and compliance with GEM Listing Rules[114]. - The unaudited consolidated results for the reporting period have been reviewed by the audit committee[115]. - The current Audit Committee consists of independent non-executive directors, with Mr. Xie Yuxuan serving as the chairman[117]. - The company adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[116].