Financial Performance - For the fiscal year 2024, the company's revenue from continuing operations decreased by approximately 16.9% to about HKD 44.7 million, down from approximately HKD 53.8 million in fiscal year 2023[15]. - The gross profit for fiscal year 2024 was approximately HKD 15.8 million, an increase of about HKD 1.8 million from HKD 14.0 million in fiscal year 2023, resulting in a gross margin increase from 26.0% to 35.3%[16]. - The company's loss attributable to equity shareholders for the fiscal year 2024 was approximately HKD 1.9 million, a decrease of about 62.0% compared to HKD 5.0 million in fiscal year 2023[20]. - The total employee cost for the fiscal year 2024 was approximately HKD 17.0 million, up from HKD 16.1 million in fiscal year 2023[39]. - The company reported that sales to its top five customers accounted for 56.17% of total sales for the fiscal year 2024, with the largest customer contributing 20.68%[194]. - Purchases from the top five suppliers represented 73.26% of total procurement for the fiscal year 2024, with the largest supplier accounting for 43.56%[194]. Expenses and Cost Management - Sales and distribution expenses for fiscal year 2024 were approximately HKD 3.2 million, a slight decrease from HKD 3.3 million in fiscal year 2023[17]. - Administrative expenses for fiscal year 2024 were approximately HKD 15.1 million, down by about HKD 2.9 million from HKD 18.0 million in fiscal year 2023[18]. - The audit fees for the fiscal year 2024 amounted to HKD 530,000 for audit services provided by the accounting firm[71]. Market and Strategic Outlook - The company remains cautiously optimistic about its operations, anticipating potential benefits from the macroeconomic recovery despite a challenging global economic environment[9]. - The company plans to maintain a flexible and targeted sales and marketing strategy to provide diversified and customized products and services, aiming to strengthen its market position[10]. - The company will continue to seek potential investment opportunities in mainland China, Hong Kong, and overseas to enrich its business and create new revenue sources[10]. - The metal casting business revenue decreased by approximately 16.9% due to the impact of interest rate hikes and inflation, despite an increase in average selling prices[14]. - The company’s largest market remains Germany, with customers also from mainland China and the United States[14]. Governance and Compliance - The board of directors consists of two executive directors and three independent non-executive directors, with a total of nine meetings held in the fiscal year 2024[49]. - The audit committee held three meetings in the fiscal year 2024, with all members attending the meetings, ensuring oversight of financial reporting and internal controls[57]. - The remuneration committee also held three meetings in the fiscal year 2024, reviewing the compensation policies for all directors and senior management[60]. - The company has adopted anti-corruption and whistleblowing policies to promote integrity and ethical conduct within the organization[46]. - The board has established three committees: the audit committee, remuneration committee, and nomination committee, to oversee specific aspects of the company's affairs[55]. - The company has a clear distinction between the roles of the chairman and the CEO, ensuring effective leadership and management oversight[54]. - Independent non-executive directors constitute more than one-third of the board, ensuring compliance with GEM listing rules regarding independence[53]. - The company has arranged appropriate insurance coverage for directors and senior management against legal actions arising from corporate activities[47]. - The board is committed to corporate governance and has established a framework to ensure accountability and transparency in its operations[46]. - The board has adopted a diversity policy aiming for at least one-third of board members to be female, achieving this goal as of December 31, 2024, with three female directors[65]. Risk Management - The group faces various market risks, including currency, interest rate, credit, and liquidity risks, which may impact its business and profitability[29]. - The company maintains a prudent treasury policy to manage liquidity risks and ensure sufficient cash flow[31]. - The company has implemented a three-tier risk management approach to identify, assess, and manage significant risks, with the board reviewing the effectiveness of the internal control system annually[73]. - The board confirmed that there are no significant uncertainties affecting the company's ability to continue as a going concern[69]. Sustainability and ESG Initiatives - The company is committed to integrating sustainable development principles into its strategic planning and daily operations, focusing on environmental, social, and governance (ESG) performance[91]. - The group has committed to sustainable development and will launch multiple environmental protection and social welfare initiatives during the reporting period from January 1, 2024, to December 31, 2024[99]. - The board is responsible for integrating environmental, social, and governance (ESG) principles into business operations and has established a risk management system to ensure data accuracy and reliability[100]. - The group identified key ESG issues through stakeholder engagement and importance assessments, focusing on emissions, resource usage, and climate change as high-priority areas[104]. - The group maintains effective communication channels with stakeholders, including shareholders, employees, customers, suppliers, government, and the public, to gather feedback and enhance sustainable development strategies[102]. - The group adheres to the "comply or explain" disclosure requirements of the ESG reporting guidelines, ensuring transparency and accountability in its operations[92]. - The group emphasizes the importance of stakeholder opinions in shaping and implementing sustainable development strategies, enhancing its ESG performance[98]. - The group has established a consistent approach to reporting key performance indicators, allowing for meaningful comparisons with previous reports[93]. - The group recognizes the significance of environmental and social issues for long-term growth and is committed to creating sustainable value for stakeholders[99]. - The group has conducted an annual importance assessment to identify significant ESG topics relevant to its operations, ensuring alignment with stakeholder expectations[104]. - The group is focused on enhancing its environmental and social performance through strategic planning and resource allocation based on identified ESG issues[104]. - The company aims to reduce energy consumption, greenhouse gas emissions, and water resources by 5% by 2030 based on 2024 levels[105]. - Direct greenhouse gas emissions for 2024 are projected to be 3.63 tons of CO2 equivalent, with an employee density of 0.04 tons[106]. - Total greenhouse gas emissions for 2024 are expected to reach 3,766.36 tons of CO2 equivalent, with a density of 84.20 tons per million HKD revenue[106]. - The company consumed approximately 54.82 tons of packaging materials during the reporting period[111]. - The company has implemented waste management strategies to reduce both hazardous and non-hazardous waste by 5% by 2030 based on 2024 levels[110]. - Energy consumption for 2024 is projected to be 5.31 MWh, with a density of 0.01 MWh per ton of production[108]. - Water usage for 2024 is estimated at 11,472 cubic meters, with a density of 86.26 cubic meters per employee[108]. Employee and Community Engagement - The total number of employees as of December 31, 2024, is 95, with a gender distribution of 81.1% male and 18.9% female[118]. - Employee turnover rate for females is 38.9%, while for males it is 5.2%[119]. - The average training time per employee is 25 hours, with 100% of employees trained[127]. - The number of work-related injuries decreased from 11 in 2023 to 9 in 2024[124]. - There were no work-related fatalities reported in 2024, maintaining a record from 2023[124]. - The company actively supports community development through cash donations during the reporting period[136]. - The company encourages employees to participate in volunteer activities and contribute to community sustainability[135]. Compliance and Legal Matters - The company has zero tolerance for child labor and forced labor, with no violations reported during the reporting period[128]. - The company has established a comprehensive safety protocol to ensure a safe working environment[120]. - The company strictly adheres to local labor laws and has no reported violations in the 2024 fiscal year[115]. - There were no significant violations of data privacy laws reported during the period[132]. - The company has not faced any significant penalties related to labor laws or safety regulations[123]. Shareholder and Financial Reporting - The company aims to provide high levels of disclosure and financial transparency to shareholders and investors, with regular updates through interim and annual reports[79]. - The company has no predetermined dividend payout ratio, and the board considers various factors, including financial performance and cash requirements, when determining dividend payments[81]. - The company reported no dividends for the fiscal year 2024, consistent with the previous fiscal year 2023[156]. - The company has not repurchased any shares during the fiscal year 2024[161]. - There were no stock options granted under the stock option plan since its adoption until the date of this report[174]. - The company’s financial performance for the fiscal year 2024 is detailed in the consolidated income statement and other comprehensive income section of the annual report[155]. - The company’s capital structure changes are detailed in the consolidated financial statements[158]. - The company’s available reserves for distribution as of December 31, 2024, are outlined in the consolidated financial statements[157]. Auditor and Financial Oversight - The company's auditor for the fiscal year 2024 is SFAI (HK) CPA Limited, previously known as Yongtuo Fuson CPA Limited[200]. - The auditor has been in place since July 8, 2022, filling a temporary vacancy after the resignation of another firm[200]. - The annual general meeting will see the current auditor retire, but they are qualified and willing to be reappointed[200].

Financial Performance - Revenue decreased by approximately 16.8% to about HKD 44.7 million (2023: HKD 53.8 million) [4] - Gross profit increased by approximately 12.7% to about HKD 15.8 million (2023: HKD 14.0 million) [4] - Loss for the year was approximately HKD 1.4 million (2023: loss of approximately HKD 1.4 million) [4] - Basic loss per share was approximately HKD 5.09 (2023: HKD 16.13) [6] - Revenue from continuing operations for fiscal year 2024 was approximately HKD 44.7 million, a decrease of about 16.8% from approximately HKD 53.8 million in fiscal year 2023 [39] - Gross profit from continuing operations for fiscal year 2024 was approximately HKD 15.8 million, an increase of about HKD 1.8 million from HKD 14.0 million in fiscal year 2023, resulting in a gross margin increase from 26.1% to 35.3% [40] - The total loss for the year from continuing operations was HKD 1,468,000, compared to a loss of HKD 7,458,000 in the previous year, indicating an improvement [24] Assets and Liabilities - Total assets less current liabilities amounted to HKD 28.7 million (2023: HKD 28.9 million) [7] - Non-current assets decreased from HKD 3.9 million in 2023 to HKD 3.1 million in 2024 [7] - Inventory increased to HKD 18.6 million (2023: HKD 12.0 million) [7] - Trade and other receivables decreased to HKD 18.6 million (2023: HKD 20.1 million) [7] - Trade payables decreased to HKD 4.7 million in fiscal year 2024 from HKD 5.9 million in fiscal year 2023 [36] - Trade receivables increased to HKD 6.2 million in fiscal year 2024 from HKD 5.7 million in fiscal year 2023 [35] - Cash and cash equivalents were approximately HKD 6,229,000 as of December 31, 2024, compared to HKD 5,483,000 in 2023 [15] - The company had cash and cash equivalents of approximately HKD 6.2 million as of December 31, 2024, compared to HKD 5.5 million as of December 31, 2023 [45] - The company's debt-to-equity ratio was 6% as of December 31, 2024, compared to 0% as of December 31, 2023 [46] Dividends and Financial Strategy - The company did not recommend the payment of a final dividend for the year ended December 31, 2024 [4] - The group has not proposed a final dividend for the year ending December 31, 2024, consistent with the previous year [69] - The board believes that the group has sufficient cash resources to meet its operational and financial obligations for at least the next twelve months [16] - The group continues to seek alternative financing and bank loans to meet existing financial obligations and future capital expenditures [20] - The board has committed to monitoring general administrative expenses and operational costs closely to improve cash flow [20] Business Operations - The company continues to engage in metal casting business following the sale of its financial printing business [9] - Revenue from the metal casting business for 2024 was HKD 44,728,000, a decrease from HKD 53,776,000 in 2023 [22] - The financial printing business generated revenue of HKD 528,000 in 2023, which is not applicable for 2024 [22] - The metal casting business experienced a revenue decline of approximately 14.24% due to global economic challenges, despite an increase in average selling prices [38] - The company plans to continue focusing on its core operations while exploring potential market expansions and new product developments [25] - The group aims to maintain and strengthen its leading position in the Japanese umbrella manufacturing market while expanding its market share in existing markets such as Hong Kong, Cambodia, and South Korea [63] - The group is shifting its business focus from upstream manufacturing to downstream distribution networks and brand building to enhance profitability and shareholder returns [63] Employee and Operational Costs - Employee costs for continuing operations increased to HKD 17,025,000 in 2024 from HKD 15,990,000 in 2023, reflecting a rise of 6.5% [32] - The employee count decreased to 95 as of December 31, 2024, with total employee costs amounting to approximately HKD 17.0 million, up from HKD 16.1 million in the previous fiscal year [62] - Administrative expenses for fiscal year 2024 were approximately HKD 15.0 million, a decrease of about HKD 3.0 million from HKD 18.0 million in fiscal year 2023 [42] Risk Management - The group faced significant market risks including currency, interest rate, credit, and liquidity risks, impacting business and profitability growth due to intensified industry competition and macroeconomic fluctuations in China, Germany, and globally [52] - The group has maintained a prudent treasury policy, ensuring a robust liquidity position with sufficient cash and cash equivalents to meet payment obligations [54] - As of December 31, 2024, the group had no significant capital commitments or contingent liabilities, indicating a stable financial position [55] - The group did not engage in any major investments, acquisitions, or disposals of subsidiaries during the year, reflecting a cautious approach to capital allocation [56] Compliance and Governance - The group has established a code of conduct for directors regarding securities trading, ensuring compliance with relevant regulations [64] - The audit committee, composed of three independent non-executive directors, reviewed the group's accounting policies and financial reporting matters for the year [66] - The executive directors are Ms. Hu Lanying and Mr. Li Qizhi, while the independent non-executive directors include Ms. Liang Shulan, Ms. Yuan Huimin, and Mr. Qu Ruiqiang [73]

Financial Performance - For the six months ended June 30, 2024, the group recorded revenue from continuing operations of approximately HKD 24.82 million, a decrease of 28.3% compared to HKD 34.58 million for the same period in 2023[2]. - The loss attributable to equity shareholders for the six months ended June 30, 2024, was approximately HKD 1.70 million, compared to a loss of HKD 0.24 million for the same period in 2023[2]. - Gross profit for the six months ended June 30, 2024, was HKD 4.78 million, down from HKD 7.61 million in the same period of 2023, reflecting a gross margin decrease[3]. - The pre-tax loss for the period was HKD 1.70 million, significantly improved from a pre-tax loss of HKD 12.96 million in the same period of 2023[3]. - The company reported a basic loss per share of HKD 4.44 for the period, compared to a loss of HKD 0.10 for the same period in 2023[7]. - The company reported a loss attributable to equity shareholders from continuing operations of HKD 1,696,000 for the six months ended June 30, 2024, compared to a profit of HKD 12,773,000 for the same period in 2023[26]. - The company reported a loss from discontinued operations of HKD 12,537,000 in the first half of 2023, which was not present in the first half of 2024[26]. Revenue Breakdown - Revenue from metal casting products for the six months ended June 30, 2024, was HKD 24,816,000, a decrease of 28.4% compared to HKD 34,581,000 for the same period in 2023[16]. - Revenue from Germany accounted for HKD 22,468,000, a decrease of 27.8% from HKD 31,131,000 in the same period of 2023[20]. - Major customer A contributed HKD 5,627,000 to revenue, while major customer B contributed HKD 4,095,000, both showing a decline compared to the previous year[22]. - The metal casting business experienced a revenue decline of about 28.22% due to challenges in the global economic environment, despite an increase in average selling prices[39]. Cash Flow and Liquidity - The net cash used in operating activities for the six months ended June 30, 2024, was HKD (6,135,000), compared to HKD (3,377,000) for the same period in 2023, indicating a worsening cash flow situation[13]. - The total cash and cash equivalents at the end of June 30, 2024, were HKD 3,801,000, a decrease from HKD 5,483,000 at the beginning of the period[13]. - The company reported a net cash inflow from financing activities of HKD 4,827,000 for the six months ended June 30, 2024, compared to HKD 2,572,000 in the same period of 2023[13]. - As of June 30, 2024, the company's cash and cash equivalents were approximately HKD 3.8 million, down from HKD 5.5 million as of December 31, 2023[48]. - The company maintains a prudent treasury policy, ensuring a robust liquidity position and sufficient cash and cash equivalents[51]. Assets and Liabilities - Total assets less current liabilities as of June 30, 2024, were HKD 25.46 million, down from HKD 28.94 million as of December 31, 2023[8]. - Current liabilities increased to HKD 19.11 million as of June 30, 2024, compared to HKD 12.55 million as of December 31, 2023[8]. - The net asset value decreased to HKD 20.30 million as of June 30, 2024, from HKD 22.38 million as of December 31, 2023[9]. - The total trade and other payables amounted to HKD 9,725,000 as of June 30, 2024, compared to HKD 9,440,000 as of December 31, 2023, indicating a slight increase of about 3%[31]. - The company's debt-to-equity ratio as of June 30, 2024, was 1.97%, calculated based on total interest-bearing liabilities divided by total equity[49]. Dividends and Share Capital - The board of directors does not recommend the payment of an interim dividend for the six months ended June 30, 2024[2]. - The company did not recommend an interim dividend for the six months ended June 30, 2024, consistent with the previous year[26]. - The weighted average number of ordinary shares issued was 38,184,000 for the six months ended June 30, 2024, down from 235,537,000 in the same period of 2023, reflecting a significant reduction in share count[28]. - The company raised approximately HKD 9 million through a rights issue on August 24, 2023, increasing the number of issued ordinary shares from 25,456,000 to 38,184,000[11]. - As of June 30, 2024, the total number of issued shares is 38,184,000, with each share valued at HKD 0.8[50]. Operational Efficiency - Administrative expenses for the period were approximately HKD 7.87 million, a decrease of about 69.61% compared to approximately HKD 25.90 million in the same period of 2023[44]. - The total employee cost for the six months ended June 30, 2024, is approximately HKD 3.98 million, a decrease from HKD 4.48 million for the same period in 2023[56]. - The cost of inventory recognized as an expense decreased to HKD 20,040,000 in the first half of 2024 from HKD 26,968,000 in the same period of 2023, reflecting a reduction of approximately 25%[25]. - The average trade receivables increased significantly to HKD 11,330,000 as of June 30, 2024, compared to HKD 5,707,000 as of December 31, 2023, representing an increase of approximately 98%[30]. - The company's trade receivables aging analysis showed that HKD 5,483,000 was within 30 days as of June 30, 2024, compared to HKD 2,195,000 in the same category as of December 31, 2023, indicating improved collection efficiency[30]. Corporate Governance and Management - The company has not disclosed any new product developments or market expansion strategies in the current report[2]. - The company is currently evaluating the impact of new accounting standards on its performance and financial position[15]. - The company has no significant contingent liabilities as of June 30, 2024, consistent with the previous reporting period[52]. - There are no major capital commitments or significant investments planned as of June 30, 2024[55]. - The company has not granted any stock options under its stock option plan since its adoption in April 2015[60]. - The board of directors and key executives hold a total of 9,923,852 shares, representing 25.99% of the company's issued share capital[57]. - There have been no purchases, sales, or redemptions of the company's securities by the company or its subsidiaries during the six months ended June 30, 2024[62]. - Ms. Hu appointed as Executive Director and Vice Chairman of Zhongbo Data Co., Ltd. (Stock Code: 471) effective May 14, 2024[67]. - Ms. Hu also appointed as Executive Director and CEO of Yuwang Group Holdings Limited (Stock Code: 1536) effective July 2, 2024[67]. Risk Factors - The company faces foreign currency risk primarily from sales to customers in Germany, China, and the United States, with most revenues from European customers denominated in euros[54].

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」）對本公告的內容 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 部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JISHENG GROUP HOLDINGS LIMITED 吉盛集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8133） 截至二零二四年六月三十日止六個月的 中期業績公告 吉盛集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二四年六月三十日止六個月的未經審核綜合業績。本公告列載本 公司二零二四年中期報告全文，乃符合香港聯合交易所有限公司GEM證券上市規則 「GEM上市規則」）中有關中期業績初步公告附載的資料之相關要求。 承董事會命 吉盛集團控股有限公司 主席 胡蘭英 香港，二零二四年八月十四日 於本公告日期，執行董事為胡蘭英女士及李奇智先生；而獨立非執行董事則為梁淑蘭 女士、袁慧敏女士及區瑞強先生。 本公告乃根據GEM上市規則提供有關本公司的資料，董事願就本公告共同及個別承 擔全部責任。董事在作出一切合理查詢後確認，就彼 ...

Financial Performance - The group's metal casting business revenue decreased by approximately 14.24% compared to the previous year, reflecting ongoing challenges in the global economic environment[12]. - In the fiscal year 2023, the group's revenue from continuing operations decreased by approximately 14.24% to about HKD 53.78 million, down from HKD 62.71 million in fiscal year 2022[16]. - The gross profit from continuing operations for fiscal year 2023 was approximately HKD 14.02 million, a decrease of about HKD 0.51 million compared to HKD 14.53 million in fiscal year 2022, with gross profit margins of approximately 26.07% and 23.17% respectively[17]. - The loss attributable to equity shareholders for fiscal year 2023 was approximately HKD 5.04 million, a decrease of about 58.48% from HKD 12.14 million in fiscal year 2022[21]. - Selling and distribution expenses for fiscal year 2023 were approximately HKD 3.31 million, a reduction of about HKD 0.53 million from HKD 3.84 million in fiscal year 2022[18]. - Administrative expenses increased to approximately HKD 17.98 million in fiscal year 2023, up by about HKD 1.71 million from HKD 16.27 million in fiscal year 2022[19]. Business Strategy and Operations - The group has terminated 75% of its stake in the financial printing business to prevent further losses and cash outflows due to poor performance[13]. - The group maintains a cautious optimism regarding the recovery of the macroeconomic environment, which may benefit its operations[7]. - The group plans to continue its flexible and targeted sales and marketing strategies to enhance its market position and expand its customer base[8]. - The group aims to seek potential investment opportunities in mainland China, Hong Kong, and overseas to diversify its business and create new revenue sources[8]. - The company will continue to strengthen cost control and resource management while seeking potential investment opportunities to enhance business and create new revenue sources[14]. Financial Position and Capital Management - As of December 31, 2023, the group's cash and cash equivalents were approximately HKD 5.48 million, an increase from HKD 2.80 million as of December 31, 2022[22]. - The company completed a rights issue on August 24, 2023, raising approximately HKD 10.2 million, with a net amount of about HKD 9.0 million after expenses[31]. - The planned use of proceeds from the rights issue includes approximately HKD 2.25 million for investment in a joint venture and HKD 4.5 million for general working capital[31]. - The total net proceeds from the subscription I amounted to approximately HKD 2.6 million, with HKD 2.3 million allocated for repaying the group's borrowings and HKD 0.3 million for general working capital[32]. - The total net proceeds from the subscription II amounted to approximately HKD 3.5 million, intended for general working capital and/or potential new projects[32]. Governance and Compliance - The company has adopted a corporate governance code to protect shareholder interests and has complied with all applicable code provisions during the fiscal year 2023[62]. - The board consists of two executive directors and three independent non-executive directors, with no significant financial or business relationships among them[64]. - The company has implemented anti-corruption and reporting policies to promote integrity in operations[65]. - The board has adopted a three-tier risk management approach to identify, assess, and manage significant risks, with regular reporting to management and the board[97]. - The company has established a whistleblowing policy to provide guidance and reporting channels for employees and third parties to report suspected misconduct[99]. Employee and Workforce Management - The total number of employees, including directors, decreased to 105 as of December 31, 2023, from 133 in the previous year[58]. - Employee costs for the fiscal year 2023 amounted to approximately HKD 16.14 million, down from HKD 27.04 million in the fiscal year 2022, representing a decrease of about 40.5%[58]. - The employee turnover rate was 26.7%, with 28 employees leaving during the year[156]. - The average training hours per employee in 2023 was 24 hours for both male and female employees, with 100% of employees receiving training[162]. - The company provides competitive compensation and various internal training programs to attract and retain talented employees[58]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to integrating sustainable development principles into its strategic planning and daily operations to maintain competitiveness in the metal casting industry[119]. - The 2023 Environmental, Social, and Governance (ESG) report is prepared according to the GEM listing rules and aims to disclose the company's sustainable development policies and practices[120]. - The company aims to reduce energy consumption, greenhouse gas emissions, and water resources by 5% by 2030 based on 2023 levels[136]. - The company recognizes the importance of stakeholder engagement to identify and assess key environmental, social, and governance issues[123]. - The company has implemented various resource-saving measures and environmental education for employees[136]. Community Engagement and Social Responsibility - The group actively supports community development through cash donations and encourages employee participation in volunteer activities[171]. - The company has focused on community investment, particularly in areas such as education and health, to align its business activities with community interests[185]. - The company actively engages in community participation to understand and address the needs of the communities where it operates[185]. - The company has established effective communication channels with stakeholders, including annual reports and direct communication[132]. - The company has not identified any violations of anti-corruption laws during the reporting period[170].

Financial Performance - In the fiscal year ending December 31, 2023, the group's revenue from metal casting business decreased compared to the previous year, but raw material cost control improved, leading to a slight increase in gross margin[12]. - In the fiscal year 2023, the group's revenue from continuing operations decreased by approximately 14.24% to about HKD 53.78 million, compared to HKD 62.71 million in fiscal year 2022[21]. - The gross profit from continuing operations for fiscal year 2023 was approximately HKD 14.02 million, down from HKD 14.53 million in fiscal year 2022, maintaining a gross profit margin of about 26.07%[22]. - The group recorded a loss attributable to equity shareholders of approximately HKD 5.04 million in fiscal year 2023, a reduction of about 58.48% compared to HKD 12.14 million in fiscal year 2022[26]. - The group’s cash and cash equivalents as of December 31, 2023, were approximately HKD 5.48 million, an increase from HKD 2.80 million as of December 31, 2022[27]. Cost Control and Resource Management - The group plans to strengthen cost control and resource management while seeking potential investment opportunities to enhance its business and create new revenue sources[19]. - The group’s administrative expenses increased to approximately HKD 17.98 million in fiscal year 2023, up from HKD 16.27 million in fiscal year 2022[24]. - The group has terminated 75% of its stake in the financial printing business to prevent further losses and cash outflows due to its poor performance[18]. Investment and Growth Strategy - The group plans to actively seek potential investment opportunities in mainland China, Hong Kong, and overseas to enrich its business and create new revenue sources[13]. - The group issued a total of 11 million subscription shares at HKD 0.235 per share, raising approximately HKD 2.6 million for debt repayment and general working capital[31]. - The group issued a total of 31.4 million subscription shares at HKD 0.11 per share, raising approximately HKD 3.5 million for general working capital and potential new projects[32]. - The company completed a rights issue on August 24, 2023, raising approximately HKD 10.2 million, with a net amount of about HKD 9.0 million after expenses[34]. Corporate Governance - The board of directors consists of two executive directors and three independent non-executive directors, ensuring a balanced governance structure[69]. - The company has adopted anti-corruption and whistleblowing policies to promote integrity and ethical conduct within its operations[70]. - The company has established three committees: audit, remuneration, and nomination, to oversee specific aspects of corporate governance[81]. - The company’s independent non-executive directors meet the independence standards set by GEM listing rules, with annual confirmations received[78]. Risk Management - The board has adopted a three-tier risk management approach to identify, assess, and manage significant risks[102]. - The group faces various market risks including currency risk, interest rate risk, credit risk, and liquidity risk, which may impact business and profitability growth due to intensified industry competition and macroeconomic fluctuations in China, Hong Kong, Germany, and globally[52]. - The group has not established a foreign exchange hedging policy but will continue to monitor foreign exchange risks and consider hedging significant risks as necessary[53]. Environmental, Social, and Governance (ESG) Initiatives - The company is focused on integrating sustainable development principles into its strategic planning and daily operations to maintain competitive advantages in the metal casting industry[124]. - The environmental, social, and governance (ESG) report for 2023 is prepared according to the GEM Listing Rules and aims to disclose the company's sustainable development policies and practices[125]. - The company aims to reduce energy consumption, greenhouse gas emissions, and water resources by 5% by 2030 based on 2023 levels[141]. - The company has implemented resource-saving measures and environmental education for employees to enhance sustainability efforts[141]. Employee Management - Employee costs for the fiscal year 2023 amounted to approximately HKD 16.14 million, a decrease from HKD 27.04 million in the previous fiscal year[63]. - The number of employees, including directors, decreased to 105 as of December 31, 2023, down from 133 the previous year[63]. - The average training time per employee in 2023 was 24 hours for both male and female employees, with 100% of employees receiving training[167]. - The employee turnover rate was 28, with a male turnover rate of 28.4% and a female turnover rate of 20.8%[161]. Community Engagement - The group actively supports community development through cash donations and encourages employee participation in volunteer activities[176][177]. - Community investment policies focus on understanding local needs and ensuring business activities consider community interests[190]. Compliance and Legal Matters - The company has allocated resources to ensure compliance with regulatory requirements, recognizing the importance of adherence to laws and regulations[46]. - The company has not reported any significant non-compliance issues in Hong Kong and China during the review year[47]. - The group adheres to data privacy laws, with no significant violations reported regarding data protection during the reporting period[173].

Financial Performance - For the nine months ended September 30, 2023, the group recorded revenue from continuing operations of approximately HKD 47.77 million, a decrease of 13.9% compared to HKD 55.51 million for the same period in 2022[4]. - The loss attributable to equity shareholders for the nine months ended September 30, 2023, was approximately HKD 1.47 million, significantly improved from a loss of HKD 9.22 million for the same period in 2022[4]. - Gross profit for the nine months ended September 30, 2023, was approximately HKD 10.51 million, down from HKD 12.04 million in the same period of 2022, reflecting a gross margin decrease[6]. - The group reported a pre-tax loss of approximately HKD 14.35 million for the nine months ended September 30, 2023, compared to a loss of HKD 1.52 million in the same period of 2022[6]. - The total comprehensive loss for the nine months ended September 30, 2023, was approximately HKD 1.48 million, a recovery from a total comprehensive loss of HKD 12.68 million in the same period of 2022[10]. - The basic loss per share for the nine months ended September 30, 2023, was HKD 5.45, compared to HKD 50.92 for the same period in 2022, indicating a reduction in loss per share[10]. - The company reported a loss of HKD 1,472,000 during the nine-month period, contributing to a total accumulated loss of HKD 70,555,000 as of September 30, 2023[12]. - The total comprehensive income for the nine months ended September 30, 2023, was HKD 1,479,000, compared to a total comprehensive loss of HKD 12,678,000 for the same period in 2022[12]. - The company recorded a pre-tax profit from discontinued operations of HKD 16,716,000 for the nine months ended September 30, 2023, compared to a loss of HKD 10,270,000 in the same period of 2022[28]. Revenue and Sales - For the nine months ended September 30, 2023, the revenue from the sale of cast metal products was HKD 47,772,000, a decrease of 14.0% compared to HKD 55,506,000 for the same period in 2022[17]. - The group's revenue from continuing operations decreased by approximately 13.93% to about HKD 7.73 million compared to the same period in 2022[42]. - The metal casting business experienced a revenue decline of approximately 13.93% compared to the nine months ended September 30, 2022, primarily due to rising material costs offsetting increased average selling prices[38]. Expenses and Costs - Administrative expenses increased to approximately HKD 29.25 million for the nine months ended September 30, 2023, compared to HKD 10.35 million in the same period of 2022, indicating a significant rise in operational costs[6]. - Other comprehensive expenses for the nine months ended September 30, 2023, amounted to HKD 889,000, with total comprehensive expenses reaching HKD 2,361,000[12]. - Administrative expenses increased by approximately 182.61% to about HKD 29.25 million, with non-recurring impairment losses of about HKD 17.56 million excluded, resulting in administrative expenses of approximately HKD 11.69 million[45]. Shareholder Information - The board of directors did not recommend the payment of an interim dividend for the nine months ended September 30, 2023, consistent with the previous year[4]. - The company did not declare an interim dividend for the nine months ended September 30, 2023, consistent with the previous year[30]. - As of September 30, 2023, Ms. Hu Lanying holds 5,453,852 shares, representing 14.28% of the company's issued share capital[57]. - Mr. Zhang Xiaowo holds 2,862,600 shares, accounting for 7.50% of the issued share capital[63]. - Mr. Fang Jinhou owns 2,661,150 shares, which is 6.97% of the issued share capital[63]. - The company has not granted any share options under the share option scheme since its adoption on April 10, 2015[60]. Corporate Actions and Governance - The company completed the sale of 75% of Solomon Holdings Group Limited for HKD 75 million on May 19, 2023, with the transaction finalized on the same day[21]. - The company has terminated its holding of 75% equity in the financial printing business to prevent further losses and cash outflows[39]. - The company completed a rights issue on August 24, 2023, with a total of 12,728,000 shares subscribed at a price of HKD 0.8 per share[51]. - The company raised approximately HKD 9,000,000 through a rights issue in August 2023, aimed at funding joint ventures and general operational expenses[36]. - The company has established joint ventures with a total investment of HKD 30 million, increasing its focus on culturally themed products and services[53]. - The company has established an audit committee consisting of three independent non-executive directors[65]. - The company has complied with the corporate governance code as of September 30, 2023[66]. - There were no changes in the directors' information that require disclosure during the reporting period[67]. - The company has not disclosed any competitive interests held by directors or major shareholders during the period[64]. - The chairman of the company is Ms. Hu Lanying, who signed the report on November 13, 2023[68]. Taxation and Liabilities - The company has not incurred any income tax expenses due to the tax regulations in the Cayman Islands and British Virgin Islands[18]. - The company did not recognize any tax provisions for Hong Kong profits tax or China income tax for the nine months ended September 30, 2023, due to no taxable profits being generated[20]. - The effective tax rate for qualifying companies in Hong Kong is 8.25% on the first HKD 2 million of assessable profits, while the standard rate is 16.5%[19]. - The company’s total liabilities as of September 30, 2023, were not explicitly stated but can be inferred from the accumulated losses and equity figures[12]. Other Financial Highlights - The company recognized a gain from the sale of subsidiaries amounting to HKD 6.88 million during the nine months ended September 30, 2023, which was not present in the previous year[6]. - The company recorded a net cash outflow of HKD 118,000 from the sale after accounting for cash and cash equivalents sold[22]. - The company’s issued share capital as of September 30, 2023, was 38,184,000 shares, following various capital raising activities throughout the year[34]. - The average number of issued ordinary shares for the nine months ended September 30, 2023, was 26,988,000, an increase from 18,113,000 in the previous year[32]. - The company plans to utilize net proceeds of approximately HKD 9.0 million from the rights issue for various investments and general working capital[52].

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」）對本公告的內容 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的任何損失承擔任何責任。 JISHENG GROUP HOLDINGS LIMITED 吉 盛 集 團 控 股 有 限 公 司 （前稱Solomon Worldwide Holdings Limited 所羅門環球控股有限公司） （於開曼群島註冊成立的有限公司） （股份代號：8133） 截至二零二三年九月三十日止九個月的 第三季度業績公告 吉盛集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附 屬公司截至二零二三年九月三十日止九個月的未經審核綜合業績。本公告列載本公 司二零二三年第三季度報告全文，乃符合香港聯合交易所有限公司GEM證券上市規 則（「GEM上市規則」）中有關季度業績初步公告附載的資料之相關要求。 承董事會命 吉盛集團控股有限公司 主席 胡蘭英 香港，二零二三年十一月十三日 於本公告日期，執行董事為胡蘭英女士及尚睿森先生；而獨立非執行董事則為梁淑蘭 女士、袁慧敏女士及區瑞強 ...

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」）對本公告的內容 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 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JISHENG GROUP HOLDINGS LIMITED 吉 盛 集 團 控 股 有 限 公 司 （前稱Solomon Worldwide Holdings Limited 所羅門環球控股有限公司） （於開曼群島註冊成立的有限公司） （股份代號：8133） 補充公告 截至二零二三年六月三十日止六個月之中期業績 茲提述吉盛集團控股有限公司（「本公司」）日期為二零二三年八月十四日之中期業績 公告及中期報告，內容有關本公司及其附屬公司截至二零二三年六月三十日止六個 月之中期業績（「中期業績」）。除文義另有所指外，中期業績中所定義之詞彙與本公告 所界定者具有相同涵義。 董事會謹此提供有關截至二零二三年六月三十日止六個月本集團已終止經營業務減 值虧損約17.56百萬港元及出售本集團附屬公司之收益約6.88百萬港元的進一步資料。 減值 本公司根據日期為二零一九年九月九日的買賣協議收購Solomon ...

Financial Performance - For the six months ended June 30, 2023, the group recorded revenue from continuing operations of approximately HKD 34.58 million, a decrease of 6.4% compared to HKD 37.09 million for the same period in 2022[4]. - The loss attributable to equity shareholders for the six months ended June 30, 2023, was approximately HKD 0.24 million, significantly improved from a loss of HKD 7.91 million for the same period in 2022[4]. - The gross profit for the six months ended June 30, 2023, was HKD 7.61 million, representing a 15.9% increase from HKD 6.57 million in the same period of 2022[6]. - The total comprehensive income for the six months ended June 30, 2023, was HKD 3.17 million, compared to a total comprehensive loss of HKD 10.26 million for the same period in 2022[8]. - The company reported a pre-tax loss of HKD 12.96 million for the six months ended June 30, 2023, compared to a pre-tax loss of HKD 2.50 million for the same period in 2022[6]. - The company achieved a profit from discontinued operations of HKD 12.54 million for the six months ended June 30, 2023, compared to a loss of HKD 5.42 million in the same period of 2022[7]. - The basic loss per share from continuing operations for the six months ended June 30, 2023, was HKD 5.42, compared to a loss of HKD 1.57 for the same period in 2022[8]. - The company reported a total comprehensive expense of HKD 825 million for the six months ended June 30, 2023, compared to a total comprehensive expense of HKD 10.264 million in the previous year[11]. - The company reported a loss before tax of HKD 12,957,000 for the six months ended June 30, 2023, compared to a loss of HKD 2,498,000 for the same period in 2022[19]. - Total loss attributable to equity shareholders for the six months ended June 30, 2023, was HKD 236,000, an improvement from a loss of HKD 7,914,000 in the same period of 2022[35]. Revenue and Sales - Revenue from the sale of metal casting products for the six months ended June 30, 2023, was HKD 34,581,000, a decrease of 6.8% compared to HKD 37,094,000 for the same period in 2022[18]. - The revenue from discontinued operations was HKD 528,000 for the six months ended June 30, 2023, down from HKD 4,886,000 in the same period of 2022[27]. - The segment performance for the metal casting division showed a loss of HKD 1,733,000 for the six months ended June 30, 2023, compared to a profit of HKD 640,000 in the same period of 2022[19]. Expenses and Costs - The administrative expenses for the six months ended June 30, 2023, increased to HKD 25.90 million from HKD 7.08 million in the same period of 2022, indicating a significant rise in operational costs[6]. - The total cost of goods sold for continuing operations was HKD 26,967,000 for the six months ended June 30, 2023, compared to HKD 30,528,000 for the same period in 2022[32]. - The total employee cost for the six months ended June 30, 2023, was approximately HKD 4.48 million, a decrease from HKD 12.95 million for the same period in 2022[76]. Assets and Liabilities - As of June 30, 2023, total assets decreased to HKD 34.081 billion from HKD 43.352 billion, representing a decline of approximately 21%[10]. - The company's non-current assets decreased to HKD 4.291 billion from HKD 6.820 billion, a decline of about 37%[10]. - The total liabilities decreased to HKD 16.890 billion from HKD 36.232 billion, a reduction of approximately 53%[10]. - Cash and cash equivalents at the end of the period were HKD 1.896 billion, down from HKD 2.799 billion, reflecting a decrease of about 32%[13]. - Trade receivables increased to HKD 12,178,000 as of June 30, 2023, from HKD 8,849,000 as of December 31, 2022, reflecting a growth of approximately 37.5%[37]. - Trade payables decreased significantly to HKD 6,671,000 as of June 30, 2023, down from HKD 17,514,000 as of December 31, 2022, indicating a reduction of about 61.9%[39]. Share Capital and Equity - The total equity attributable to equity shareholders increased to HKD 17.375 billion from HKD 12.161 billion, marking a growth of approximately 43%[11]. - The company issued new shares resulting in an increase in share capital to HKD 20.365 billion from HKD 16.973 billion, an increase of approximately 20%[11]. - As of June 30, 2023, the total issued and paid-up ordinary shares increased to 254,560,000 shares from 212,160,000 shares at the end of 2022[41]. - The company completed the issuance of 11,000,000 subscription shares at HKD 0.235 per share on January 20, 2023, and an additional 31,400,000 subscription shares at HKD 0.11 per share on April 13, 2023[65]. Dividends and Shareholder Returns - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2023[4]. - The company did not recommend an interim dividend for the six months ended June 30, 2023, consistent with the previous year[33]. Corporate Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors, ensuring compliance with GEM listing rules[88]. - The company has adopted the corporate governance code as per GEM listing rules and confirmed compliance for the six months ending June 30, 2023[89]. Future Plans and Strategies - The company will continue to strengthen cost control and resource management while exploring potential investment opportunities to diversify its business and create new revenue sources[54]. - The company plans to raise approximately HKD 10.2 million through a rights issue, offering up to 12,728,000 shares at HKD 0.8 per share[47]. - The company announced a capital increase for its joint venture, raising the total investment from HKD 2 million to HKD 30 million, with contributions of HKD 15.3 million and HKD 14.7 million from the company and its partner, respectively[48]. Employee and Management Information - As of June 30, 2023, the group had 123 employees, down from 133 as of December 31, 2022[76]. - Short-term employee benefits for key management personnel amounted to HKD 780,000 for the six months ended June 30, 2023, compared to HKD 946,000 in the same period of 2022[43].