Financial Performance - Total revenue for the first quarter of 2019 was approximately HKD 23,083,000, a decrease of about 47.3% compared to HKD 43,766,000 in the same period last year[6]. - The loss attributable to the owners of the company was approximately HKD 1,215,000, compared to a loss of HKD 11,213,000 in the same period last year[6]. - The company reported a total comprehensive income of HKD 11,359,000 for the quarter, compared to HKD 4,434,000 in the same period last year[10]. - The basic and diluted loss per share for the period was HKD (0.001), compared to HKD (0.012) in the same period last year[10]. - The group experienced a significant decrease in revenue from continuing operations, with a reported revenue of HKD 23,083,000 compared to HKD 38,441,000 in the previous year[9]. - Total revenue for the three months ended March 31, 2019, was HKD 23,083,000, a decrease of 40% compared to HKD 38,441,000 for the same period in 2018[14]. - The company reported a loss before tax of HKD 148,000 for the three months ended March 31, 2019, compared to a loss of HKD 7,374,000 for the same period in 2018[21]. - The company incurred a loss attributable to owners of the company of HKD 1,215,000 for the three months ended March 31, 2019, compared to a loss of HKD 11,213,000 in the same period of 2018[24]. - The overall comprehensive income for the three months ended March 31, 2019, was HKD 9,727,000, compared to a loss of HKD 1,215,000 in the same period last year[31]. Revenue Breakdown - Revenue from the sale of electronic components was HKD 5,989,000, while revenue from gas transportation and distribution was HKD 15,443,000, showing a decline in both segments[14]. - Total revenue for the three months ended March 31, 2019, decreased compared to the same period in 2018, primarily due to a decline in trading business revenue and the cessation of discontinued operations[31]. Business Operations - The company’s main business activities include the transportation and distribution of natural gas, trading of electronic components, and property investment, primarily located in China[11]. - The company decided to terminate the polyethylene pipeline business due to continuous net losses, with the business generating no revenue in the current reporting period[18]. - The natural gas business is now the core business of the company, with continued growth in operational scale in 2019, supported by the Chinese government's clean energy policies[31]. - The company has invested in and developed natural gas cogeneration projects, with a subsidiary receiving approval to develop this business in Yichang, Hubei Province[32]. - The company has expanded its revenue sources by launching a leasing business, with the "Zhongji Tiangu Automotive Parts Industrial Park" covering approximately 213,000 square meters, of which about 87,000 square meters have been leased[34]. - The company sold a 21% stake in Fujian Minsheng Gas Co., Ltd. for RMB 10,500,000, completing the transaction on February 12, 2019[35]. Financial Management - Employee costs, including directors' remuneration, were HKD 6,418,000, down from HKD 8,289,000 in the previous year[9]. - The group incurred financing costs of HKD 919,000, a decrease from HKD 1,095,000 in the previous year[9]. - Financing costs decreased to HKD 919,000 in 2019 from HKD 1,095,000 in 2018, reflecting a reduction in interest expenses[15]. - Depreciation expenses for owned properties, plants, and equipment increased to HKD 3,273,000 in 2019 from HKD 1,601,000 in 2018[16]. - The board will continue to implement stringent cost control measures and maintain an efficient workforce structure in the current economic environment[37]. Shareholder Information - The average number of ordinary shares issued during the period was 1,023,987,439 shares, compared to 954,687,279 shares in the same period of 2018[27]. - The total number of share options available for grant under the share option scheme is 152,359,767, which represents approximately 14.88% of the issued share capital as of March 31, 2019[48]. - Major shareholders include Guo Xiuqin with 123,867,678 shares (12.10%) and Ji Shengzhi with 110,000,000 shares (10.74%) as of March 31, 2019[52]. - The total issued ordinary shares as of March 31, 2019, is 1,023,987,439[52]. - The total number of stock options granted under the share option scheme is 149,670,000, with 149,270,000 remaining unexercised as of March 31, 2019[51]. - The total number of options exercised during the period is zero, indicating no movement in exercised options[51]. Future Outlook - The company anticipates that the development of natural gas-related clean energy projects will significantly improve future performance and profitability[32]. - The board believes that the performance of the group will improve with the growth of the clean energy business and increased contributions from leasing and trading operations[37]. - The energy segment, primarily consisting of natural gas operations, is expected to experience stable growth due to the expansion of the sales network and the implementation of clean energy policies by the Chinese government[38]. - The company is cautious in managing operations amid global political instability while seeking viable investment opportunities to enhance value[34]. - The rental income from properties located in Yichang City will continue to be generated as the properties are leased out[39]. Corporate Governance - The Audit Committee has been established in accordance with GEM Listing Rules and consists of three independent non-executive directors[61]. - The Remuneration Committee is responsible for reviewing and determining the remuneration policies for all executive directors and senior management[62]. - The Nomination Committee evaluates the board structure and recommends changes based on corporate strategy[64]. - There are no reported conflicts of interest or competition from directors or major shareholders during the review period[60]. - The company has no arrangements for directors or their family members to benefit from purchasing shares or debt securities of the company[59]. - The company has not disclosed any other individuals holding significant interests in shares or related securities as of March 31, 2019[57].

(於開曼群島註冊成立之有限公司) (股份代號 : 8117) 年 報 2018 香港聯合交易所有限公司（「聯交所」）GEM的特色 公司資料 董事會 GEM之定位，乃為中小型公司提供一個上市之市場，此等公司相比起其他在聯交所上市之公司帶有較高 投資風險。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳考慮後方作出投資決定。 執行董事 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之證券承受較大 之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本年報之內容概不負責，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年報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。 本年報之資料乃遵照聯交所之《GEM證券上市規則》（「GEM上市規則」）而刊載，旨在提供有關中國基礎能 源控股有限公司（「本公司」）之資料；本公司之董事（「董事」）願就本年報之資料共同及個別承擔全部責任。 各董事在作出一切合理查詢後，確認就其所知及所信，本年報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 ...