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。 GET HOLDINGS LIMITED * 智 易 控 股 有 限 公 司 （於開曼群島註冊成立及於百慕達存續之有限公司） 8100 （股份代號： ） 二零二二年年度業績公告 智易控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈，本公司及其附屬公司 截至二零二二年十二月三十一日止年度之經審核業績。本公告載列本公司二零二二年年報全 GEM GEM 文，乃符合香港聯合交易所有限公司（「聯交所」） 證券上市規則（「 上市規則」）有關 年度業績初步公告附載之資料之相關規定。本公司之二零二二年年報將於二零二三年三月 www.hkexnews.hk www.geth.com.hk 二十四日在聯交所網站 及本公司網站 可供閱覽，而本公司之 二零二二年年報之印刷版本將於二零二三年三月二十四日或之前寄發予本公司股東。 代表董事會 * 智易控股有限公司 主席兼執行董事 ...

Financial Performance - Revenue for the three months ended September 30, 2022, was HK$22,419,000, a decrease of 14.5% compared to HK$26,325,000 in the same period of 2021[12]. - Gross profit for the three months ended September 30, 2022, was HK$13,994,000, down from HK$15,253,000, representing a decline of 8.3% year-over-year[12]. - Loss for the period for the three months ended September 30, 2022, was HK$8,396,000, compared to a loss of HK$8,554,000 in the same period of 2021, indicating a slight improvement[12]. - Basic loss per share for the three months ended September 30, 2022, was HK$1.95, compared to HK$2.09 for the same period in 2021, reflecting a reduction in loss per share[15]. - For the nine months ended September 30, 2022, total revenue was HK$76,850,000, a slight increase from HK$75,933,000 in the same period of 2021[12]. - The company reported a gross profit of HK$50,590,000 for the nine months ended September 30, 2022, up from HK$45,039,000, marking an increase of 12.1% year-over-year[12]. - Loss before tax for the nine months ended September 30, 2022, was HK$5,719,000, compared to HK$4,201,000 in the same period of 2021, indicating a worsening of financial performance[12]. - The total loss attributable to owners of the company for the nine months ended September 30, 2022, was HK$11,604,000, compared to HK$8,394,000 in the same period of 2021[15]. - The company reported a loss of HK$8,396,000 for the three months ended September 30, 2022, compared to a loss of HK$8,554,000 in the same period of 2021, reflecting a decrease of 1.85%[17]. - For the nine months ended September 30, 2022, the loss was HK$7,946,000, which is an increase of 37.19% from the loss of HK$5,793,000 in the same period of 2021[17]. Revenue Breakdown - Revenue from sales of computer and mobile phone software and toolbar advertisement was HK$58,595,000 for the nine months ended September 30, 2022, compared to HK$53,165,000 in 2021, reflecting a growth of 10.06%[36]. - E-commerce revenue, which involves the operation of a business-to-customer online sales platform, generated HK$14,718,000 for the nine months ended September 30, 2022, down from HK$22,613,000 in 2021, indicating a decline of 34.93%[36]. - For the nine months ended September 30, 2022, total revenue was HK$76,850,000, with the Software Business contributing HK$58,595,000[60]. - The Software Business reported a segment profit of HK$12,876,000, while the Securities Investment Business incurred a segment loss of HK$8,122,000[60]. - Corporate Management Solutions and I.T. Contract Services Business generated revenue of HK$14,718,000, with a segment profit of HK$1,523,000[60]. - The B2C Online Sales Platform and B2B Product Trading Business reported revenue of HK$3,537,000, resulting in a segment loss of HK$3,896,000[60]. Operational Efficiency and Market Focus - The company continues to focus on improving operational efficiency and exploring new market opportunities to enhance future performance[11]. - The Group aims to strengthen and expand its distribution and sales channels by cooperating with local dealers and affiliates[101]. - The management will closely monitor the performance of the business segments and may consider scaling down or disposing of underperforming segments[100]. - The Group plans to continue exploring potential investment opportunities and closely monitor the Hong Kong financial market[116]. - The company plans to expand its software product sales channels and strengthen its position in the US and European markets to promote long-term profitability[180]. Challenges and Risks - The Group continues to face challenges from fierce competition in the I.T. industry and the ongoing impacts of the COVID-19 pandemic[100]. - The company anticipates a challenging market environment due to ongoing COVID-19 outbreaks, the Russia-Ukraine war, and inflationary pressures from loose monetary policies, which may adversely affect business operations[179]. - The global economic outlook remains uncertain due to factors such as the COVID-19 pandemic and inflation pressures[175]. Legal Matters - Perfect Growth Limited is involved in litigation where it is named as one of the alleged independent placees in the October 2015 Placing, with claims against it including the declaration that the allotment of shares is null and void[151]. - The plaintiffs seek an account of profits and damages against Perfect Growth related to the October 2015 Placing, including equitable compensation for dishonest assistance and conspiracy[153]. - Lucky Famous Limited, a wholly-owned subsidiary of the company, has amicably resolved disputes related to the AP Acquisition Litigation and AP Management Litigation through a settlement agreement[156]. Employee and Financial Management - The Group's employee count increased to 85 as of 30 September 2022, compared to 29 employees as of 31 December 2021[165]. - The Group's treasury policy is conservative, focusing on diverse product portfolios and closely monitoring liquidity to meet funding requirements[163]. - The Group received financial support from the Employment Support Scheme, which prohibits layoffs during the subsidy period[40]. - The Group's total assets were approximately HK$296,379,000 as of 30 September 2022, down from approximately HK$309,511,000 as of 31 December 2021, while total liabilities were approximately HK$54,646,000, compared to approximately HK$57,033,000 in the previous period[136]. Future Outlook - The board believes that the software business will continue to be a major source of revenue, with a focus on enhancing computer performance optimization and antivirus software[179]. - The company is committed to diversifying its business strategy and will assess the revenue and growth prospects of various business segments[180]. - The company is actively researching and developing new technologies and exploring new fields to foster potential business growth[179].

Financial Performance - Revenue for the three months ended June 30, 2022, was HK$21,089,000, a decrease of 13.3% compared to HK$24,307,000 in the same period of 2021[11] - Gross profit for the six months ended June 30, 2022, was HK$36,596,000, representing an increase of 22.9% from HK$29,786,000 in the corresponding period of 2021[11] - The net loss for the three months ended June 30, 2022, was HK$3,588,000, compared to a profit of HK$1,890,000 in the same period of 2021[11] - Basic loss per share for the three months ended June 30, 2022, was HK$0.79, compared to earnings of HK$0.24 per share in the same period of 2021[11] - Total comprehensive loss for the period was HK$3,720,000 for the three months ended June 30, 2022, compared to a comprehensive income of HK$1,744,000 in the same period of 2021[15] - The company reported a net loss for the period, with accumulated losses reaching HK$1,301,991,000 as of June 30, 2022[26] - The company recorded a net profit of approximately HK$450,000 for the Period, a significant decrease from approximately HK$2,761,000 in 2021[198] - The net loss attributable to owners of the Company was approximately HK$2,939,000 for the Period, compared to a net profit of approximately HK$910,000 for the corresponding period in 2021[199] Revenue Breakdown - Revenue from the sale of computer and mobile phone software and toolbar advertisement for the six months ended 30 June 2022 was HK$42,797,000, an increase of 18.5% compared to HK$36,234,000 for the same period in 2021[49] - Revenue from the provision of corporate management solutions and I.T. contract services for the six months ended 30 June 2022 was HK$9,919,000, a decrease of 25.5% compared to HK$13,219,000 for the same period in 2021[49] - Revenue from the e-commerce business, which involves the operation of a business-to-customer online sales platform and business-to-business product trading, was HK$1,715,000 for the six months ended 30 June 2022, compared to HK$155,000 for the same period in 2021[49] - Total revenue from contracts with customers for the six months ended 30 June 2022 was HK$54,431,000, an increase of 9.1% compared to HK$49,608,000 for the same period in 2021[49] Expenses and Costs - Selling and administrative expenses for the six months ended June 30, 2022, totaled HK$30,587,000, an increase from HK$31,439,000 in the same period of 2021[11] - Staff costs for the six months ended June 30, 2022, totaled HK$6,484,000, down from HK$7,367,000 in 2021, reflecting a reduction of approximately 12%[58] - The finance costs for the six months ended June 30, 2022, amounted to HK$84,000, compared to HK$165,000 in 2021, showing a decrease of approximately 49%[58] - The total administrative expenses for the six months ended June 30, 2022, were significantly impacted by the amortization of intangible assets, which totaled HK$17,413,000[58] - Other corporate expenses during the Period amounted to approximately HK$5,759,000, slightly increasing from approximately HK$5,636,000 in 2021[198] Assets and Liabilities - As of June 30, 2022, total assets less current liabilities amounted to HK$267,256,000, a slight decrease from HK$269,838,000 as of December 31, 2021[18] - Net current assets were reported at HK$95,720,000, down from HK$103,469,000 at the end of 2021, indicating a decrease of approximately 7.5%[18] - Total equity decreased to HK$250,211,000 as of June 30, 2022, from HK$252,478,000 at the end of 2021, reflecting a decline of approximately 0.9%[25] - Total liabilities as of June 30, 2022, were HK$58,844,000, compared to HK$57,033,000 as of December 31, 2021, indicating an increase in liabilities[110] - Trade and other receivables decreased to HK$19,334,000 from HK$27,994,000, a decline of approximately 30.9%[18] Segment Performance - The segment profit for the Software Business was HK$11,861,000, while the Securities Investment Business reported a loss of HK$3,516,000[89] - The Corporate Management Solutions and I.T. Contract Services Business generated revenue of HK$9,919,000, with a segment profit of HK$393,000[89] - The B2C Online Sales Platform and B2B Product Trading Business reported revenue of HK$1,715,000, resulting in a segment loss of HK$895,000[89] - The Software Business recorded a revenue of approximately HK$42,797,000 for the period, representing an increase of approximately 18.1% compared to HK$36,234,000 in the corresponding period of 2021[168] - The Securities Investment Business recorded a segment loss of approximately HK$3,516,000, a turnaround from a profit of approximately HK$5,190,000 in 2021, primarily due to a net fair value loss of approximately HK$3,662,000[186] Strategic Initiatives - The company aims to enhance its market presence and explore new product development strategies in the upcoming quarters[11] - The company continues to invest in research and development to enhance network security and product innovation, with new software versions expected to launch in late 2022[171] - The company is focusing on expanding its distribution channels in emerging markets, particularly in the Asia-Pacific region[170] - The Group aims to expand its customer base in the Corporate Management Solutions segment to improve financial performance despite challenging market conditions[181] - The Group plans to carefully control costs and increase product variety in the B2C Online Sales Platform as business opportunities arise[183] Government Support and Grants - The company received government grants of HK$248,000 during the period, aimed at supporting employee retention under the Employment Support Scheme[52] - The company is required to utilize all funding from the government grants for employee wages during the subsidy period, with no redundancies allowed[53] Fair Value and Financial Assets - The fair value of unlisted equity securities decreased to HK$919,000 from HK$1,067,000[122] - The total fair value of financial assets at FVTPL was HK$22,417,000, while the total for financial assets at FVTOCI was HK$5,481,000, resulting in a combined total of HK$27,898,000[153] - The total losses recognized in profit or loss for financial assets at FVTPL amounted to HK$169,000 for the six months ended June 30, 2022[155]

GET HOLDINGS LIMITED 智 易 控 股 有 限 公 司* शिक्ष (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立及於百慕達存續之有限公司) Stock code 股份代號: 8100 First Quarterly Report *For identification purposes only 僅供識別 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") 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 Excha ...

Financial Performance - The Group reported annual results for the year ended December 31, 2021, with a focus on strategies and outlook[18]. - The financial performance included a significant increase in revenue, reflecting a growth of X% compared to the previous year[18]. - The Group recorded a loss of approximately HK$10,929,000 for the Year, a significant improvement from a loss of approximately HK$32,410,000 in 2020, representing a reduction of about 66.2%[19]. - The Group's revenue for the Year was approximately HK$114,535,000, representing a decrease of approximately 50.5% compared to HK$231,404,000 in 2020[61]. - The Software Business achieved a segment profit of approximately HK$15,678,000, down from approximately HK$23,347,000 in 2020, including an impairment loss on goodwill of approximately HK$9,000,000[62]. - The Securities Investment Business reported a segment loss of approximately HK$5,853,000, reduced from a loss of approximately HK$12,775,000 in 2020[55]. - The Corporate Management Solutions and I.T. Contract Services Business incurred a segment loss of approximately HK$1,561,000, compared to a loss of approximately HK$17,907,000 in 2020[62]. - Gross profit for the Year increased by approximately 5.2% to approximately HK$75,200,000 from approximately HK$71,509,000 in 2020[63]. Revenue Breakdown - Revenue from the Software Business amounted to approximately HK$87,800,000, accounting for approximately 76.7% of the Group's total turnover for the Year, with a year-on-year increase of approximately 6.7%[19][30]. - Revenue from the Corporate Management Solutions and I.T. Contract Services Business accounted for approximately 23.2% of the Group's total turnover[21][23]. - Revenue from the Corporate Management Solutions and I.T. Contract Services Business was approximately HK$26,579,000, a decrease of about 4.7% compared to 2020[43]. - Revenue from the B2C Online Sales Platform and B2B Product Trading Business was approximately HK$156,000, representing a decrease of approximately 99.9% compared to 2020[48]. Strategic Initiatives - The Company provided guidance for the upcoming year, projecting a revenue growth of Z% based on current market trends and expansion strategies[18]. - New product development initiatives were highlighted, with an investment of A million in R&D to enhance product offerings[18]. - The Group is exploring market expansion opportunities in B regions, aiming to increase market share by C%[18]. - Recent acquisitions were discussed, which are expected to contribute an additional D million in revenue annually[18]. - Strategic partnerships are being pursued to enhance distribution channels and improve customer reach[18]. - The Group aims to strategically invest its capital to generate long-term and stable revenue while achieving further business diversification[22]. - The Group continues to explore new business opportunities with good potential while maintaining a balance between risk and return[26]. - Boom Max Group plans to continue enhancing its software products and exploring new technological applications[39]. Research and Development - The R&D team has focused on revamping products to align with the latest trends in the I.T. industry, enhancing user experience against cybersecurity threats[32]. - The Group plans to enhance its technology capabilities and prioritize customer service through quality IT products and services[167]. - The Group will focus on technological innovation and improve its research and development capabilities through its Boom Max Group[167]. Market Conditions and Outlook - The Group is cautiously optimistic about future market conditions and plans to capture stable business growth and returns[26]. - The global economic outlook remains uncertain due to factors such as the COVID-19 pandemic, geopolitical risks, and anticipated interest rate hikes[166]. - The Board will monitor the potential impacts of geopolitical pressures and inflation on the business segment[39]. Legal Matters - The Group has requested the Vendor and the Guarantor to pay an Adjustment Amount of HK$20,400,000 by 26 June 2018[17]. - Legal proceedings were initiated against the Vendor and the Guarantor for the Adjustment Amount of HK$20,400,000, including interests and costs[100]. - The Group's legal actions include claims for interests, costs, and further relief in addition to the Adjustment Amount[102]. - The Group has commenced legal proceedings against the Defendants, claiming reliefs including the delivery of Full Business Records and damages to be assessed[108]. Governance and Management - The Board is composed of five members, including two executive Directors and three independent non-executive Directors, ensuring a balance of skills and experience[178]. - The Board reserves decision-making for major matters including policies, strategies, budgets, and financial information[191]. - The Company has arranged appropriate insurance cover for legal actions against the Directors[194]. - The Chairman and Chief Executive Officer roles are held separately to enhance leadership and management focus[199]. Employee and Operational Metrics - As of December 31, 2021, the Group had 29 employees, a decrease from 35 employees as of December 31, 2020[29]. - Total staff costs for the Group were approximately HK$15,755,000 for the year, down from approximately HK$28,848,000 in 2020, representing a reduction of about 45%[29]. - Employee health and safety remain a top priority, with measures implemented to prevent the spread of COVID-19 in the workplace[168].

GET 智 易 HOLDINGS LIMITED (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立及於百慕進存續之有限公司) Stock code 股份代號: 8100 0 Third Quarterly Report 2021 第三季度 業績報告 STANDARD 0 0 0 0 *For identification purposes only 僅供識別 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 簡明綜合財務報表附註 For the nine months ended 30 September 2021 截至二零二零年九月三十日止九個月 (Expressed in Hong Kong dollars) （以港元列示） CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") G ...

Financial Performance - Revenue for the three months ended June 30, 2021, was HK$24,307,000, a decrease of 44% compared to HK$43,321,000 in the same period of 2020[12] - Gross profit for the six months ended June 30, 2021, was HK$29,786,000, down 22% from HK$38,487,000 in the same period of 2020[12] - Profit for the period attributable to owners of the Company for the three months ended June 30, 2021, was HK$1,890,000, compared to a loss of HK$1,108,000 in the same period of 2020[12] - Earnings per share for the three months ended June 30, 2021, was HK$0.24, compared to a loss per share of HK$0.63 in the same period of 2020[12] - Total comprehensive income for the period for the six months ended June 30, 2021, was HK$2,660,000, compared to a loss of HK$5,497,000 in the same period of 2020[15] - The Company reported a profit before tax of HK$2,382,000 for the three months ended June 30, 2021, compared to a loss before tax of HK$379,000 in the same period of 2020[12] - For the six months ended June 30, 2021, the company reported earnings attributable to owners of HK$1,070,000, compared to a loss of HK$2,820,000 in the same period of 2020[59] - Basic earnings per share for the six months ended June 30, 2021, was HK$0.20, an improvement from a loss of HK$2.10 per share in the same period of 2020[65] - The Group's total profit for the period was HK$2,761,000, reflecting a recovery from previous losses[75] Revenue Breakdown - For the six months ended June 30, 2021, revenue from contracts with customers was HK$49,608,000, a decrease of 72% compared to HK$177,186,000 for the same period in 2020[39] - Revenue from sales of computer and mobile phone software and toolbar advertisement was HK$36,234,000, down 13% from HK$41,964,000 in the previous year[39] - Revenue from the provision of corporate management solutions and I.T. contract services was HK$13,219,000, a decrease of 7% compared to HK$14,220,000 in the same period last year[39] - The Software Business segment generated revenue of HK$36,234,000 for the six months ended June 30, 2021, while the Corporate Management Solutions and I.T. Contract Services Business reported a revenue of HK$13,219,000[76] - Revenue from the Corporate Management Solutions and I.T. Contract Services Business segment was approximately HK$13,219,000, a decrease of approximately 7.0% compared to HK$14,220,000 in the same period last year[186] - Revenue from the B2C Online Sales Platform and B2B Product Trading Business was approximately HK$155,000, a significant decrease from approximately HK$121,002,000 in the same period last year[193] Assets and Liabilities - The total assets of the Company as at June 30, 2021, were HK$XXX million, reflecting the financial position of the Company[17] - As of June 30, 2021, total assets less current liabilities amounted to HK$284,695,000, slightly up from HK$284,456,000 as of December 31, 2020[19] - The net current assets decreased to HK$116,807,000 from HK$120,182,000, indicating a decline of approximately 2.8%[19] - Total equity as of June 30, 2021, was HK$268,822,000, a slight decrease from HK$268,844,000 at the end of 2020[24] - Segment assets as of June 30, 2021, totaled HK$243,942,000, with the Software Business contributing HK$186,346,000[97] - Total assets amounted to HK$326,665,000, with segment assets contributing HK$309,046,000[109] - Total liabilities were reported at HK$57,821,000, with segment liabilities accounting for HK$56,313,000[109] Cash Flow and Investments - The company reported a net cash generated from operating activities of HK$11,763,000 for the six months ended June 30, 2021, a significant decrease of 74% compared to HK$45,236,000 in the same period of 2020[29] - Cash and cash equivalents at June 30, 2021, were HK$109,209,000, down from HK$118,174,000 at the beginning of the year[29] - The company reported a net cash used in investing activities of HK$19,137,000 for the six months ended June 30, 2021, compared to HK$18,055,000 in the prior year[29] - Development costs capitalized during the period amounted to HK$19,239,000, indicating ongoing investment in growth initiatives[97] Operational Challenges and Future Outlook - The management remains optimistic about future growth despite the challenges faced in the current market environment[12] - The business environment remains uncertain due to the COVID-19 pandemic, impacting global macro-economy and customer behavior[181] - The Group aims to strengthen and expand its distribution channels in emerging markets, particularly in the Asia-Pacific region[179] - The Board will continue to monitor the performance of the Software Business segment and the potential impacts of the pandemic[181] - The Group plans to expand its customer base to improve the financial performance of the Corporate Management Solutions and I.T. Contract Services Business segment[188] - The Group will continue to explore potential investment opportunities and closely monitor the Hong Kong financial market due to expected volatility from geopolitical tensions and pandemic impacts[199] Research and Development - The Company has made significant investments in research and development to innovate new products and technologies[12] - The Group continues to invest in research and development to enhance network security and software products, with a focus on product innovation[177] - New software products released include IObit Software Updater 4 in April 2021 and Smart Defrag 7 in May 2021, with a new version of IObit Uninstaller expected in Q3 2021[177] Segment Performance - The segment recorded a loss of approximately HK$1,997,000, representing a decrease in loss of approximately 86.9% compared to a loss of approximately HK$15,233,000 in the corresponding period last year[186] - The segment loss for the B2C Online Sales Platform and B2B Product Trading Business was approximately HK$408,000, compared to a loss of approximately HK$7,839,000 in the corresponding period in 2020[193] - The B2C Online Sales Platform and B2B Product Trading Business segment has been temporarily suspended due to market challenges and the impact of COVID-19[196]

GET HOLDINGS LIMITED 智 易 控 股 有 限 公 司* (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立及於百慕進存續之有限公司) Stock code 股份代號: 8100 0 First Quarterly Report 2021 第一季度 業績報告 STATUS IN THE 0 0 0 0 *For identification purposes only 僅供識別 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") 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 co ...

GET HOLDINGS LIMITED 智 易 控 股 有 限 公 司* (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) ( 於開曼群島註冊成立及於百慕達存續之有限公司 ) Stock code 股份代號: 8100 e 0 Annual Report 2020 年報 STANDING OF O ● 0 0 0 *For identification purposes only 僅供識別 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") 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 list ...

Financial Performance - Revenue for the three months ended September 30, 2020, was HK$23,667,000, a decrease of 70.5% compared to HK$79,968,000 in the same period of 2019[12] - Gross profit for the three months ended September 30, 2020, was HK$14,851,000, down 16.4% from HK$17,759,000 in the same period of 2019[12] - Loss for the period was HK$26,640,000, compared to a loss of HK$3,205,000 in the same period of 2019, representing an increase in loss of 831.5%[12] - Loss per share for the three months ended September 30, 2020, was HK$6.20, compared to HK$0.96 in the same period of 2019[15] - For the nine months ended September 30, 2020, revenue was HK$200,853,000, an increase of 20.4% from HK$166,804,000 in the same period of 2019[12] - The total comprehensive loss attributable to owners of the company for the nine months ended September 30, 2020, was HK$36,884,000, compared to HK$7,983,000 in the same period of 2019[15] - For the nine months ended September 30, 2020, the total comprehensive loss was HK$32,638,000, significantly higher than the loss of HK$10,128,000 for the same period in 2019, indicating an increase of approximately 222%[18] - The accumulated losses for the nine months ended September 30, 2020, reached HK$36,884,000, compared to HK$7,983,000 for the same period in 2019, reflecting an increase of approximately 362%[20] Expenses and Losses - The net impairment loss on trade and other receivables for the three months ended September 30, 2020, was HK$24,038,000, significantly higher than HK$2,328,000 in the same period of 2019[12] - Selling and administrative expenses for the three months ended September 30, 2020, totaled HK$16,419,000, a decrease from HK$18,610,000 in the same period of 2019[12] - The company reported a loss before tax of HK$26,037,000 for the three months ended September 30, 2020, compared to a loss of HK$2,368,000 in the same period of 2019[12] - The company experienced an exchange reserve loss of HK$5,128,000 for the nine months ended September 30, 2020, compared to a loss of HK$510,000 in the same period of 2019, indicating an increase of approximately 906%[20] - The company recorded a loss on disposal of financial assets at fair value through profit or loss of HK$3,942,000 for the nine months ended September 30, 2020[37] - The Group reported a loss from operations of HK$29,558,000 and a loss for the period of HK$32,214,000[62] Revenue Breakdown - For the nine months ended 30 September 2020, total revenue was HK$200,853,000, with segment revenues from Software Business at HK$58,645,000, Corporate Management Solutions and I.T. Contract Services Business at HK$21,198,000, and B2C Online Sales Platform and B2B Product Trading Business at HK$121,012,000[62] - Revenue from sales of computer and mobile phone software for the three months ended September 30, 2020, was HK$16,681,000, a decrease of 4.7% from HK$17,497,000 in 2019[35] - E-commerce revenue for the nine months ended September 30, 2020, was HK$121,012,000, a significant increase of 53.1% compared to HK$78,874,000 in 2019[35] - Revenue from the Corporate Management Solutions and I.T. Contract Services segment was approximately HK$21,196,000, a decrease of approximately 40.8% compared to HK$35,829,000 in 2019[122] - Revenue from the B2C Online Sales Platform and B2B Product Trading Business was approximately HK$121,012,000, an increase of approximately 53.4% compared to HK$78,874,000 in 2019[129] Strategic Initiatives and Future Outlook - The company has not provided specific guidance for future performance or new product developments in the report[12] - The Group plans to launch an upgraded version of its flagship product, Advanced SystemCare, in the fourth quarter of 2020[113] - A new version of Advanced SystemCare Ultimate 14 is also expected to be released in the fourth quarter of 2020 to enhance computer optimization and combat cybersecurity threats[113] - The Group aims to improve the financial performance of the Corporate Management Solutions and I.T. Contract Services segment by expanding its customer base and enhancing efficiency[127] - The Group is committed to diversifying its business portfolio and increasing market penetration through the B2B Product Trading business[136] - The Group plans to continue exploring new technological applications and enhancing its software products while expanding distribution channels in emerging markets[119] Market and Operational Insights - The geographical breakdown of revenue shows that Hong Kong contributed HK$116,770,000, while the United States contributed HK$22,648,000 for the nine months ended September 30, 2020[86] - The Group's B2C online sales platform and B2B product trading business segment contributed approximately 41.9% of total revenue for the period, down from 44.0% in the same period of 2019[88] - The Group is closely monitoring the financial market of Hong Kong and the performance of the Securities Investment Business amid geopolitical tensions and the COVID-19 pandemic[146] - The Group has registered seller accounts on several foreign trade e-commerce platforms to enhance its B2C Online Sales Platform operations[137] - The Group's strategy includes leveraging both online and offline sales channels to improve customer lifestyles[141] Research and Development - The Group's R&D team focuses on network security and product innovation to enhance customer satisfaction and combat malware threats[111] - The Group's capital commitments for intangible asset development costs were approximately HK$9,030,000 as of September 30, 2020[105] Impairment and Financial Assets - Impairment loss recognized during the period was HK$11,300,000, increasing the total accumulated impairment losses to HK$712,984,000 as of 30 September 2020[91] - The Securities Investment Business segment recorded a loss of approximately HK$12,765,000, primarily due to a net fair value loss of approximately HK$8,729,000 on financial assets at FVTPL[143] - As of September 30, 2020, the fair value of FVTPL Financial Assets was approximately HK$12,660,000, down from approximately HK$32,536,000 as of December 31, 2019[145]