5月26日，截至港股收盘，恒生指数下跌1.35%，报23282.33点。光尚文化控股（08082.HK）收报0.054 港元/股，上涨8.0%，成交量429万股，成交额22.71万港元，振幅10.0%。 最近一个月来，光尚文化控股累计跌幅40.48%，今年来累计涨幅66.67%，跑赢恒生指数17.65%的涨 幅。 财务数据显示，截至2024年12月31日，光尚文化控股实现营业总收入1.38亿元，同比减少33.4%；归母 净利润-2420.39万元，同比增长17.32%；毛利率45.53%，资产负债率88.6%。 行业估值方面，媒体及娱乐行业市盈率（TTM）平均值为-5.28倍，行业中值-1.13倍。光尚文化控股市 盈率-4.81倍，行业排名第76位；其他华视集团控股（01111.HK）为1.73倍、耀星科技集团 （08446.HK）为2.79倍、瓦普思瑞元宇宙（08093.HK）为3.19倍、国恩控股（08121.HK）为3.38倍、微 博-SW（09898.HK）为6.45倍。 资料显示，光尚文化控股有限公司(8082.HK)于2001年在香港联合交易所上市。集团的业务涵盖媒体事 业、综合娱乐和宠物善终服务 ...

Financial Performance - The total revenue for the fiscal year ending December 31, 2024, decreased by approximately 33.40% to HKD 148.89 million, down from HKD 223.58 million in 2023[8] - The gross profit margin improved to approximately 45.53% compared to 40.73% in the previous year, despite the decline in revenue[8] - The net loss for the year was approximately HKD 27.8 million, an improvement from a net loss of HKD 31.62 million in 2023[8] - The total income from the media and entertainment business was approximately HKD 138.70 million, a decrease of 31.67% from HKD 202.99 million in the previous year[18] - The cremation and funeral services business recorded revenue of approximately HKD 10,204,000 for the year ending December 31, 2024, a decrease of 50.45% compared to HKD 20,594,000 in the same period last year, due to the business being sold on July 12, 2024[19] - The company did not recommend the payment of dividends for the year ended December 31, 2024, consistent with the previous year[145] - The company has no retained earnings available for distribution to shareholders as of December 31, 2024[153] - The company’s financial performance is subject to various risks and uncertainties, which are discussed in the management discussion and analysis section of the report[147] Operational Activities - The company organized 12 concerts in 2024, an increase from 8 concerts in 2023, and invested in 49 concerts compared to 42 in the previous year[8] - The company anticipates economic recovery in 2024, with expectations for a resurgence in concerts and related artist management activities[9] - The number of concerts organized by the company increased to 12 in the current year from 8 in the previous year, but revenue decreased due to smaller scale concerts[148] Expenses and Cost Management - Selling, marketing, and distribution expenses decreased by 7.66% to approximately HKD 5.69 million, representing about 3.82% of total revenue[15] - General and administrative expenses were approximately HKD 68.52 million, consistent with the previous year's HKD 67.33 million, but decreased by 12.48% when excluding losses from the sale of subsidiaries[16] Corporate Governance - The company has appointed Mr. Tang Caizhi as the Chairman and Mr. Zhong Chulin as the CEO, with clearly defined responsibilities[33] - The board of directors is responsible for overall management and supervision of the company's major matters, including operational strategies and risk management systems[34] - The Audit Committee is tasked with reviewing the effectiveness of the risk management framework and internal control systems, as well as overseeing financial reporting processes[39] - The Nomination Committee is responsible for reviewing the board's structure and diversity policies, and evaluating the independence of non-executive directors[40] - The Remuneration Committee provides recommendations on the remuneration policies for directors and senior management, ensuring alignment with market practices[41] - The company conducts regular board meetings to discuss overall strategies and approve annual, interim, and quarterly performance[42] Risk Management - The risk management and internal control system is designed to provide reasonable assurance regarding the reliability of financial reporting and compliance with applicable laws and regulations[61] - The board conducts an annual review of the effectiveness of the risk management and internal control systems through the audit committee[62] - The company has established a three-line defense model for risk management, with business units identifying and monitoring risks, management providing oversight, and internal audit reviewing the effectiveness of the first two lines[62] - Identified risks are prioritized, and action plans are developed to manage these risks, with management responsible for implementing risk mitigation measures[63] - The company utilizes external consultants to assist in designing and monitoring the risk management and internal control systems[64] Environmental and Social Responsibility - The company aims to reduce total emissions and greenhouse gas emissions density by 5% by the fiscal year 2025, using the fiscal year 2023 as the baseline[91] - In the fiscal year 2024, the company reported zero significant emissions of nitrogen oxides, sulfur oxides, or particulate matter due to the cessation of its cremation and funeral services[88] - The total greenhouse gas emissions for fiscal year 2024 were 42.09 tons of CO2 equivalent, with an emissions density of 0.84 tons per employee[89] - The company recycled 0.383 tons of waste in the fiscal year 2024, with a goal to reduce waste per employee by 5% by the fiscal year 2025[95] - The company has established a resource usage policy, focusing on energy and resource efficiency, primarily consuming electricity and packaging materials in fiscal year 2024[96] Employee and Workplace Policies - The employee turnover rate for fiscal year 2024 was 16%, with the highest turnover rate of 38.46% in the 41-50 age group, while the turnover rate for males was 22.73% and for females was 10.71%[110] - The total number of employees in fiscal year 2024 was 50, with 46 located in Hong Kong and 4 in Taiwan, reflecting a diverse workforce[105] - The company is committed to fair and competitive compensation, regularly reviewing salaries to recognize employee contributions and incentivize performance[109] - The group has implemented internal policies to promote equal opportunities and combat discrimination, adhering to relevant laws and regulations[113] Shareholder and Financial Management - The company issued a total of 419,000,000 new ordinary shares at a subscription price of HKD 0.036 per share, raising net proceeds of approximately HKD 14,972,000[22][23] - The net proceeds from the subscription were fully allocated to the investment in media and entertainment business[23] - The group has established a three-year internal audit plan based on risk assessment results, with external consultants hired to review selected operational cycles[67] Community Engagement - The group actively participated in community investment, focusing on addressing urgent needs of impoverished groups[131] - A team-building event in Bali involved 38 employees and artists, contributing to local special education schools through volunteer work[132] - The group received the "Caring Company" logo from the Hong Kong Council of Social Service, recognizing efforts in creating a happy workplace[134]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 148,899,000, a decrease of 33.5% from HKD 223,583,000 in the previous year[3] - The gross profit for the same period was HKD 67,796,000, down 25.5% from HKD 91,055,000 year-on-year[3] - The net loss for the year was HKD 27,796,000, compared to a net loss of HKD 31,619,000 in the previous year, representing a 12.5% improvement[3] - Basic and diluted loss per share was HKD 1.10, an improvement from HKD 1.51 in the previous year[4] - The company reported a total loss before tax of HKD 25,902,000 for the fiscal year 2024, compared to a loss of HKD 32,292,000 in 2023[13][14] - The group reported a pre-tax loss of HKD 25,902 thousand for the year ended December 31, 2024, compared to a loss of HKD 32,292 thousand in 2023, reflecting a 19% improvement[22] - The basic loss per share for the year ended December 31, 2024, was HKD (26,137) thousand, compared to HKD (31,614) thousand in 2023, indicating a reduction in losses[25] Assets and Liabilities - Total assets decreased to HKD 14,247,000 from HKD 71,546,000, indicating a significant reduction in asset value[5][6] - The total assets of the company as of December 31, 2024, amounted to HKD 123,549,000, a decrease from HKD 150,288,000 in 2023[13][14] - The total liabilities increased to HKD 109,467,000 in 2024 from HKD 118,883,000 in 2023, indicating a reduction in overall debt[13][14] - Current liabilities rose to HKD 109,302,000 from HKD 78,742,000, reflecting a 38.8% increase in short-term obligations[5] - The group’s total liabilities increased to HKD 65,333 thousand in 2024 from HKD 39,497 thousand in 2023, reflecting a 65% increase[29] Revenue Segments - For the fiscal year ending December 31, 2024, total revenue from external customer contracts was HKD 133,750,000, a decrease from HKD 210,782,000 in 2023, representing a decline of approximately 36.6%[15] - The media and entertainment segment generated external customer contract revenue of HKD 127,728,000, while the cremation and funeral services segment contributed HKD 6,022,000[13] - Media and entertainment business revenue was approximately HKD 138,695,000, down 31.67% from HKD 202,989,000 in the prior year[37] - The cremation and funeral services business recorded revenue of approximately HKD 10,204,000, a significant decline of 50.45% due to the sale of the business on July 12, 2024[38] Operational Performance - The company has two reportable operating segments, which are monitored independently for performance evaluation and resource allocation[10] - The company reported a segment performance loss of HKD 13,008,000 in 2024, compared to a loss of HKD 8,597,000 in 2023, reflecting a worsening operational performance[13][14] - The group recorded a loss of HKD 9,595 thousand from the sale of subsidiaries in 2024, with no such loss reported in 2023[23] Cash and Liquidity - The company's cash and cash equivalents increased to HKD 43,273,000 from HKD 33,308,000, showing a 30% rise in liquidity[5] - Cash and cash equivalents as of December 31, 2024, were approximately HKD 43,273,000, an increase from HKD 33,308,000 a year earlier[41] Employee and Operational Costs - The group’s employee benefits expenses, including salaries and bonuses, increased to HKD 34,850 thousand in 2024 from HKD 30,969 thousand in 2023, a rise of 13%[23] - General and administrative expenses were approximately HKD 68,520,000, consistent with HKD 67,327,000 from the previous year, excluding a loss from the sale of subsidiaries[35] - Sales, marketing, and distribution expenses were approximately HKD 5,690,000, a decrease of 7.66% from HKD 6,162,000 in the previous year[34] Future Outlook - The company plans to continue exploring market expansion opportunities and new product development to enhance revenue streams in the upcoming fiscal year[13] - The group will continue to focus on exploring potential media and entertainment business investment opportunities, as well as cremation and funeral services to enhance its business portfolio[44] Corporate Governance and Compliance - The company has not yet applied new accounting standards that have been issued but not yet effective, which may impact future financial performance[8] - The company has adhered to all applicable corporate governance code provisions during the year ending December 31, 2024[50] - The audit committee has reviewed the annual performance announcement for the year ending December 31, 2024[52] - The group's auditor confirmed that the preliminary announcement figures are consistent with the audited financial statements for the year ending December 31, 2024[53] Miscellaneous - The group did not recommend any dividend for the year, consistent with the previous year[24] - The group has no pledged assets or significant contingent liabilities as of December 31, 2024[48] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the year ending December 31, 2024[49] - The company expresses gratitude to all employees and management for their contributions during the period[55] - As of December 31, 2024, the group employed 50 staff members, a decrease from 91 staff members as of December 31, 2023[47] - The group’s depreciation expense for property, plant, and equipment decreased to HKD 1,872 thousand in 2024 from HKD 4,285 thousand in 2023, a decline of 56%[23] - The provision for trade receivables impairment decreased to HKD (7,338) thousand in 2024 from HKD (10,804) thousand in 2023, showing a 32% reduction[28] - Trade receivables at the end of the reporting period were HKD 17,745 thousand, down from HKD 22,622 thousand in 2023, representing a 22% decrease[27] - The group’s contract liabilities decreased to HKD 674 thousand in 2024 from HKD 1,155 thousand in 2023, indicating a 42% reduction[30] - The company plans to utilize net proceeds of approximately HKD 14,972,000 from a recent share subscription for various purposes[42] - The group has no foreign currency policy to hedge against currency risks related to overseas business assets[46] - The annual performance announcement for the year ending December 31, 2024, is available on the Hong Kong Stock Exchange website and the company's website[54]

1 Sunny Side Up Culture Holdings Limited 光尚文化控股有限公司 （股份代號：8082） （於開曼群島註冊成立並於百慕達存續之有限公司） 截至二零二四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之特色 GEM之定位，乃為較於聯交所上市之其他公司帶有更高投資風險之中小型公司提供一個上市 之市場。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方 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產生或因倚 賴該等內容引致之任何損失承擔任何責任。 本公佈乃遵照香港聯合交易所有限公司GEM證券上市規則之規定提供有關光尚文化控股有限 公司之資料。光尚文化控股有限公司各董事願就本公佈共同及個別承擔全部責任，並經作出 一切合理查詢後確認，就彼等所深知及確信， ...

Financial Performance - The total revenue for the fiscal year ending December 31, 2023, increased by approximately 525.27% to HKD 223,580,000, compared to HKD 35,760,000 in the previous year[7]. - The gross profit rose from approximately HKD 8,320,000 to HKD 91,055,000, driven by increased concert investments and significantly higher attendance rates[12]. - The media and entertainment segment's revenue surged by 1,163.15% to approximately HKD 202,989,000, up from HKD 16,070,000 in the prior year, due to more events and higher attendance[17]. - The cremation and funeral services segment reported a slight revenue increase of 4.60% to approximately HKD 20,594,000, compared to HKD 19,688,000 in the previous year[18]. - The loss attributable to owners for the year was approximately HKD 31,610,000, an improvement from a loss of HKD 58,450,000 in 2022[7]. Concert and Event Management - The company organized 8 concerts in the year, compared to 2 concerts in 2022, and invested in 42 concerts, up from 18 in the previous year[17]. - The total revenue from the media and entertainment business for the year ended December 31, 2023, was approximately HKD 202,989,000, an increase of 1,163.15% compared to approximately HKD 16,070,000 in the same period last year[164]. - The company organized 8 concerts during the year, up from 2 concerts in 2022, and invested in 42 concerts, compared to 18 concerts in the previous year[164]. Expenses and Cost Management - Sales, marketing, and distribution expenses decreased by 34.58% to approximately HKD 6,162,000, representing 2.76% of total revenue, down from 26.34% in 2022[14]. - General and administrative expenses increased by 13.63% to approximately HKD 67,327,000, primarily due to higher employee benefits and expanded share-based payment expenses[15]. Assets and Liabilities - As of December 31, 2023, the group's cash and cash equivalents amounted to approximately HKD 33,308,000, a decrease of 29.7% from HKD 47,490,000 on December 31, 2022[19]. - The total assets of the group were approximately HKD 150,288,000, an increase of 4.1% from HKD 143,684,000 on December 31, 2022[19]. - The group's current ratio was approximately 1.51 times, down from 2.14 times on December 31, 2022[19]. - The debt-to-equity ratio as of December 31, 2023, was 409.76%, significantly higher than 133.76% on December 31, 2022[19]. Shareholder and Capital Management - The group completed a rights issue, issuing 845,217,664 new shares at a subscription price of HKD 0.14 per share, raising approximately HKD 116,400,000 net of expenses[21]. - The actual use of funds from the rights issue included HKD 36.8 million for media and entertainment business investments, exceeding the original estimate of HKD 31 million[23]. - The board of directors did not recommend the payment of dividends for the year ended December 31, 2023, consistent with the previous year[161]. - The company has no distributable reserves available for shareholders as of December 31, 2023[170]. Governance and Compliance - The board of directors consists of two executive directors and three independent non-executive directors, complying with GEM listing rules regarding board composition[31]. - The board has established four committees: Audit Committee, Remuneration Committee, Nomination Committee, and Management Committee, with clearly defined powers and responsibilities[35]. - The Audit Committee reviewed and evaluated the effectiveness of the group's risk management framework and internal control systems[36]. - The company secretary assists the board in preparing meeting notices and agendas, ensuring compliance with corporate governance practices[39]. - The board regularly meets to discuss and formulate overall strategic directions and objectives, approving annual, interim, and quarterly performance[39]. Risk Management - The internal audit has established a three-year internal audit plan based on the company's risk assessment results[61]. - The company has implemented anti-fraud and anti-money laundering policies to support anti-corruption laws and regulations[62]. - The risk management system includes identifying, assessing, and monitoring risks associated with business operations[58]. - The company has established a risk register and internal audit plan to monitor and review key controls and testing frequencies[60]. Environmental, Social, and Governance (ESG) - The company is committed to creating sustainable value for stakeholders and has established an ESG working group to oversee environmental, social, and governance matters[73]. - Key performance indicators (KPIs) are used to quantify the company's environmental and social impacts, with clear methodologies and data presentation for better understanding[77]. - The ESG report aims to provide a comprehensive view of the company's sustainability performance, highlighting achievements and areas for improvement without selective information[78]. - In the fiscal year 2023, the total greenhouse gas emissions from the company amounted to 315.90 tons of CO2 equivalent, a decrease from 512.3 tons in the previous year, representing a reduction of approximately 38.3%[87]. - The company aims to reduce its total emissions and greenhouse gas emissions density by 5% in the fiscal year 2024, using fiscal year 2023 as the baseline[90]. Employee Management and Training - As of December 31, 2023, the group employed 91 staff members, an increase from 89 staff members on December 31, 2022[27]. - A total of 40 employees received training, amounting to 2,561 hours, which represents 53.85% of the total workforce[121]. - The average training hours for male employees is 32.51 hours, while for female employees it is 20.82 hours[125]. - The company has recorded zero work-related fatalities and zero lost workdays due to injuries in the past three years[118]. - The company emphasizes a safe working environment and has implemented health and safety policies in compliance with relevant laws[117]. Community Engagement and Social Responsibility - The company sponsored RMB 30,400 for the care of disabled individuals, children, and the elderly in Huai Ji County in fiscal year 2023[149]. - The company received the "Caring Company" logo from the Hong Kong Council of Social Service and the "Happy Company" logo for its efforts in promoting a happy workplace[150]. - The company is committed to promoting eco-friendly funeral practices and plans to expand this culture in the coming years[140]. Share Options and Incentives - The total number of options granted under the new share option scheme is 7,887,600 shares, with no options granted during the year ended December 31, 2023[177]. - The total number of unexercised options as of December 31, 2023, is 174,773,600, which is approximately 8.34% of the issued shares[178]. - The maximum number of shares that can be issued under the new share option scheme is 125,079,800, equivalent to about 5.97% of the issued share capital as of the report date[177]. - The company has a total of 0 shares granted under the new share option scheme for the year ended December 31, 2023[177].

Financial Performance - For the year ended December 31, 2023, the company reported revenue of HKD 223,583,000, a significant increase from HKD 35,758,000 in the previous year, representing a growth of 525%[4] - The gross profit for the year was HKD 91,055,000, compared to HKD 8,320,000 in the prior year, indicating a substantial improvement in profitability[4] - The company incurred a loss before tax of HKD 32,292,000, which is an improvement from a loss of HKD 61,678,000 in the previous year[4] - The total comprehensive loss for the year was HKD 32,236,000, down from HKD 65,600,000 in the previous year, reflecting a reduction in overall losses[5] - Basic and diluted loss per share was HKD 1.51, compared to HKD 2.79 in the previous year, indicating a decrease in loss per share[5] - The adjusted loss before tax for the group was HKD 32,292,000, compared to a loss of HKD 61,678,000 in the previous year, indicating an improvement in financial performance[16] - The company reported a loss attributable to owners of HKD 31,614,000 for the year ended December 31, 2023, compared to a loss of HKD 58,452,000 in the previous year[32] Assets and Liabilities - Non-current assets decreased to HKD 31,274,000 from HKD 49,152,000, primarily due to reductions in property, plant, and equipment[7] - Current assets increased to HKD 119,014,000 from HKD 94,532,000, driven by higher investments in concert and entertainment projects[7] - The company's total liabilities increased, with current liabilities rising to HKD 78,742,000 from HKD 44,181,000, reflecting increased financial obligations[7] - The net asset value decreased to HKD 31,405,000 from HKD 60,033,000, indicating a decline in the company's equity position[8] - The total assets of the group amounted to HKD 150,288,000, with segment assets of HKD 146,142,000, reflecting a growth from HKD 143,684,000 in 2022[16][18] - Total trade receivables increased to HKD 22,622,000 in 2023 from HKD 18,788,000 in 2022, with a provision for losses of HKD 10,804,000[35] Revenue Segments - The media and entertainment segment generated external customer contract revenue of HKD 196,257,000, while the cremation and funeral services segment contributed HKD 14,525,000, totaling HKD 210,782,000 in external revenue[16] - The media and entertainment business revenue reached approximately HKD 202,989,000, a significant increase of 1,163.15% from HKD 16,070,000 in the prior year[49] - The company reported a significant increase in external customer contract revenue from Hong Kong, which rose to HKD 45,224,000 in 2023 from HKD 14,623,000 in 2022, marking a growth of approximately 209%[19] Operational Costs - The cost of goods sold for the year was HKD 314,000, up from HKD 112,000 in 2022, indicating increased operational costs[30] - The company’s employee benefits expenses, including salaries and bonuses, rose to HKD 30,969,000 in 2023 from HKD 27,497,000 in 2022[30] - The depreciation of property, plant, and equipment increased to HKD 4,285,000 in 2023 from HKD 3,492,000 in 2022, reflecting higher asset utilization[30] - General and administrative expenses rose by 13.63% to approximately HKD 67,327,000, primarily due to increased employee benefits and share-based payment expenses[46] Investments and Future Outlook - The company invested HKD 4,835,000 in property, plant, and equipment during the year, compared to HKD 4,012,000 in 2022, reflecting an increase in capital expenditure[16][18] - The company expects economic recovery and growth in the concert and live entertainment sector in 2024, with participation in multiple upcoming performances[51] - The group will continue to focus on exploring potential media and entertainment business investment opportunities, as well as cremation and funeral services investments to enhance its business portfolio[54] Governance and Compliance - The company has not yet applied new accounting standards that have been issued but are not yet effective, and it is currently assessing their potential impact[11] - The company has complied with all applicable corporate governance code provisions as of the performance announcement date[61] - The audit committee has reviewed the group's annual performance announcement for the year ended December 31, 2023[64] - The group's auditor confirmed that the figures in the preliminary announcement are consistent with the audited financial statements for the year ended December 31, 2023[65] Employee and Management - As of December 31, 2023, the group employed 91 staff members, an increase from 89 staff members as of December 31, 2022[58] - The company expresses gratitude to all employees and the management team for their contributions during the period[68] - The board of directors will take appropriate measures to review the board structure and composition to enhance diversity by appointing a director of a different gender by December 31, 2024[61] Miscellaneous - The company did not recommend any dividend for the year, consistent with the previous year[31] - The company reported a loss from joint ventures of HKD 675,000, indicating ongoing challenges in this area[16] - The company recorded a net impairment of trade receivables and other receivables amounting to HKD 1,633,000, compared to HKD 2,074,000 in the previous year, showing a decrease in impairment losses[16][18] - Cash and cash equivalents as of December 31, 2023, were approximately HKD 33,308,000, down from HKD 47,490,000 in the previous year[53] - The current ratio decreased to 1.51 times from 2.14 times in the previous year, indicating a decline in liquidity[53] - Contract liabilities decreased from HKD 7,393,000 in 2022 to HKD 1,155,000 in 2023, with significant revenue recognition from prior year liabilities[41] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the year ended December 31, 2023[60] - The annual performance announcement for the year ended December 31, 2023, is available on the Hong Kong Stock Exchange website and the company's website[66] - The group has no pledged assets or significant contingent liabilities as of December 31, 2023[59]

1 光尚文化控股有限公司 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 公司帶來較高投資風險。有意投資的人士應了解投資該等公司的潛在風險，並應經過審慎 周詳考慮後方可作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受 較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及香港聯合交易所有限公司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，並明確表示概不對因本報告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。 本報告乃遵照香港聯合交易所有限公司GEM證券上市規則之規定而提供有關光尚文化控股 有限公司之資料。光尚文化控股有限公司各董事願就本報告共同及個別承擔全部責任，並經 作出一切合理查詢後確認，就彼等所知及所信，本報告所載之資料在各重大方面均屬準確及 完整，且無誤導或欺詐成份，及本報告並無遺漏任何其他事項致使本報告所載任何陳述產生 誤導。 二零二三年第三季度報告 2 公司資料 執行董事 唐才智先 ...

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，並明確表示概不對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。 Sunny Side Up Culture Holdings Limited 光尚文化控股有限公司 Yeah Yeah Group Holdings Limited （前稱 ） （於開曼群島註冊成立並於百慕達存續之有限公司） 8082 （股份代號： ） 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 GEM 香港聯合交易所有限公司（「聯交所」） 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 司帶來較高投資風險。有意投資的人士應了解投資該等公司的潛在風險，並應經過審慎周詳 考慮後方可作出投資決定。 GEM GEM 由於 上市公司普遍為中小型公司，在 買賣的證券可能會較於主板買賣之證券承受 GEM 較大的市場波動風險，同時無法保證在 買賣的證券會有高流通量的市場。 GEM 本公佈乃遵照香港聯合交易所有限公司 證券上市規則之規定而提供有關光尚文化控股有 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 Sunny Side Up Culture Holdings Limited 光尚文化控股有限公司 Yeah Yeah Group Holdings Limited （前稱 ） （於開曼群島註冊成立並於百慕達存續之有限公司） 8082 （股份代號： ） (1) 有關 截至二零二二年十二月三十一日止年度年報；及 (2) 截至二零二三年六月三十日止六個月中期報告之補充公佈 (1) 茲提述 光尚文化控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）於二零二三年三 (2) 月三十一日所刊發之截至二零二二年十二月三十一日止年度年報（「二零二二年年報」）；及 本公司於二零二三年八月十四日刊發之截至二零二三年六月三十日止六個月中期報告（「二零 二三年中期報告」）。除文義另有所指外，本公佈所用詞彙與二零二二年年報及二零二三年中 期報告所界定者具有相同涵義。 除二零二二年年報及二零二三年中期報告所提供之 ...

Financial Performance - Revenue for the three months ended June 30, 2023, was HKD 9,224,000, an increase of 26% compared to HKD 7,326,000 for the same period in 2022[5] - Gross profit for the six months ended June 30, 2023, was HKD 21,262,000, significantly up from HKD 5,884,000 in the same period last year, representing a growth of 261%[5] - The company reported a net loss of HKD 8,838,000 for the three months ended June 30, 2023, an improvement from a loss of HKD 11,157,000 in the same period of 2022, reflecting a reduction of 21%[6] - Total revenue for the six months ended June 30, 2023, was HKD 41,177,000, a significant increase from HKD 15,980,000 for the same period in 2022, representing a growth of 158.5%[18] - The company reported a loss before tax of HKD 13,941,000 for the six months ended June 30, 2023, compared to a loss of HKD 25,493,000 for the same period in 2022, indicating an improvement of 45.5%[18] - The company incurred a net loss attributable to owners of HKD 13,164,000 for the six months ended June 30, 2023, compared to a loss of HKD 24,220,000 for the same period in 2022, reflecting a reduction of 45.5%[26] Assets and Liabilities - Total current assets increased to HKD 233,497,000 as of June 30, 2023, compared to HKD 94,532,000 at the end of 2022, indicating a growth of 147%[7] - Total liabilities increased to HKD 197,496,000 as of June 30, 2023, compared to HKD 44,181,000 at the end of 2022, representing a significant rise of 347%[7] - The company’s non-current assets totaled HKD 48,573,000 as of June 30, 2023, slightly down from HKD 49,152,000 at the end of 2022[7] - As of June 30, 2023, the company's total equity decreased to HKD 45,437,000 from HKD 60,033,000 as of December 31, 2022, representing a decline of approximately 24.4%[8] - Total assets increased to HKD 282,070,000 as of June 30, 2023, up from HKD 176,915,000 as of June 30, 2022, marking a growth of 59.5%[18] Cash Flow and Investments - The company reported a significant increase in investments in concert and entertainment projects, rising to HKD 46,624,000 from HKD 14,583,000, an increase of 219%[7] - The company recorded a net cash outflow from operating activities of HKD 32,860,000 for the six months ended June 30, 2023, which is similar to the outflow of HKD 32,828,000 in the prior year[10] - The company’s cash flow from financing activities showed a net inflow of HKD 59,691,000 for the six months ended June 30, 2023, compared to a net outflow of HKD 214,000 in the previous year[11] - The company has no pledged assets or significant contingent liabilities as of June 30, 2023[52] Expenses - General, administrative, and other expenses were approximately HKD 31,026,000, an increase of 13.50% from HKD 27,335,000 in the prior year[41] - Sales, marketing, and distribution expenses for the six months were approximately HKD 3,622,000, a decrease of 5.26% from HKD 3,823,000 in the previous year, accounting for 8.80% of revenue[40] - Depreciation and amortization expenses for the six months ended June 30, 2023, totaled HKD 2,966,000, compared to HKD 1,472,000 for the same period in 2022, representing an increase of 101.5%[18] Shareholder Information - Mr. Tang holds 538,489,426 shares, representing 25.69% of the issued share capital[55] - KONGOR Investment Holding Limited, controlled by Mr. Xu, holds 223,880,000 shares, accounting for 10.68% of the issued share capital[55] - New Brilliant Investments Limited, also controlled by Mr. Xu, has 158,414,496 shares, which is 7.56% of the issued share capital[55] - The total number of stock options granted and exercisable as of June 30, 2023, is 175,410,600[54] - The total number of stock options held by employees and consultants is 146,522,800, after accounting for cancellations[54] Corporate Governance - The company has established written guidelines for directors regarding securities trading, ensuring compliance with GEM listing rules[57] - The company has complied with all provisions of the corporate governance code as stipulated in the GEM Listing Rules for the six months ended June 30, 2023[63] - The audit committee has reviewed the unaudited performance of the group for the six months ended June 30, 2023[65] - The audit committee consists of three independent non-executive directors with expertise in accounting, financial management, and legal experience[64] Market Outlook - In 2023, the economic outlook for Hong Kong and Macau is positive, benefiting from the relaxation of COVID-19 control measures and gradual border reopening[45] - The company plans to reallocate approximately HKD 35 million for investment in media and entertainment business due to improved conditions post-COVID-19[48]