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。 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） 截至二零二三年六月三十日止六個月的 中期業績公告 所羅門環球控股有限公司（「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 公司二零二三年中期報告全文，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 所羅門環球控股有限公司 主席 胡蘭英 香港，二零二三年八月十四日 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先生。 ...

Financial Performance - The group recorded revenue of approximately HKD 20.80 million for the three months ended March 31, 2023, compared to HKD 21.87 million for the same period in 2022, representing a decrease of 4.9%[4] - The loss attributable to the owners of the company for the three months ended March 31, 2023, was approximately HKD 1.05 million, a significant improvement from a loss of HKD 3.92 million in the same period of 2022, indicating a reduction of 73.3%[4] - The gross profit for the three months ended March 31, 2023, was HKD 3.87 million, compared to HKD 2.15 million for the same period in 2022, reflecting an increase of 80.5%[5] - The total comprehensive loss for the period was HKD 1.00 million, a notable improvement from HKD 5.09 million in the previous year, marking a decrease of 80.3%[6] - The basic and diluted loss per share for the three months ended March 31, 2023, was HKD 0.48, compared to HKD 2.67 for the same period in 2022, indicating a significant reduction in loss per share[6] - The total revenue for the three months ended March 31, 2023, was HKD 20,802,000, a decline of 4.9% from HKD 21,873,000 in the same period of 2022[14] - The basic and diluted loss per share for the three months ended March 31, 2023, was HKD 1,052,000, compared to a loss of HKD 3,917,000 for the same period in 2022[16] - The total revenue for the first quarter of 2023 decreased by approximately 4.90% to about HKD 20.80 million compared to the same period in 2022[26] Revenue Breakdown - For the three months ended March 31, 2023, the revenue from sales of cast metal products was HKD 20,360,000, a decrease of 2.0% compared to HKD 20,784,000 for the same period in 2022[14] - The revenue from financial printing services was HKD 442,000, down 59.5% from HKD 1,089,000 in the previous year[14] - The financial printing services revenue significantly decreased by approximately 59.41% compared to the first quarter of 2022, reflecting ongoing impacts from the COVID-19 pandemic[23] - The company’s metal casting business revenue decreased by approximately 2.04% in the first quarter of 2023, indicating a potential recovery in core markets in Europe and the United States[22] Expenses and Cost Management - The group’s administrative expenses decreased to HKD 4.05 million from HKD 5.94 million in the same period last year, a reduction of 31.9%[5] - The financial costs for the period were HKD 0.21 million, down from HKD 0.46 million in the previous year, representing a decrease of 54.4%[5] - Administrative expenses decreased by approximately 31.82% to about HKD 4.05 million compared to approximately HKD 5.94 million in the first quarter of 2022[29] - The sales and distribution expenses for the first quarter of 2023 were approximately HKD 0.84 million, a decrease from approximately HKD 1.08 million in the same period of 2022[28] Share Capital and Equity - The group’s total equity attributable to owners increased to HKD 13.88 million as of March 31, 2023, from HKD 12.16 million at the beginning of the year[8] - The company issued new shares during the period, resulting in an increase in share capital and premium, contributing to the overall equity position[8] - The weighted average number of ordinary shares for the three months ended March 31, 2023, was 220,838,000, an increase from 146,756,000 shares in the same period of 2022[17] - The company’s issued and fully paid ordinary shares increased from 212,160,000 shares as of December 31, 2022, to 223,160,000 shares as of March 31, 2023[18] Dividends and Taxation - The board of directors did not recommend the payment of an interim dividend for the three months ended March 31, 2023[4] - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2023, consistent with the previous year[15] - The company has no taxable profits in Hong Kong and China for the three months ended March 31, 2023, resulting in no provisions for Hong Kong profits tax and Chinese corporate income tax[15] Corporate Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors, ensuring compliance with GEM listing rules[45] - The company has adopted the corporate governance code as per GEM listing rules and has complied with its provisions during the reporting period[46] - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2023, which did not result in significant changes to accounting policies[12] Future Outlook - The company plans to continue monitoring the development of the COVID-19 pandemic and strengthen cost control and resource management to maintain market competitiveness[25] - The company issued 11,000,000 subscription shares at a price of HKD 0.235 per share, raising a total of HKD 2.59 million for debt repayment and general working capital[33] - The company established three joint ventures with a partner, contributing HKD 1.02 million and HKD 0.98 million respectively[34] Stock Options and Securities - The company has not granted any stock options under the stock option plan since its adoption on April 10, 2015[40] - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the three months ended March 31, 2023[42] Shareholding - As of March 31, 2023, Mr. Fang Jinhou holds 26,611,500 shares, representing 11.92% of the issued share capital[43]

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。 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） 截至二零二三年三月三十一日止三個月的 第一季度業績公告 所羅門環球控股有限公司（「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三月三十一日止三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一季度業績報告全文，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 所羅門環球控股有限公司 主席 胡蘭英 香港，二零二三年五月十二日 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先生。 ...

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。 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） 截至二零二二年十二月三十一日止年度 年度業績公告 所羅門環球控股有限公司（「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經審核綜合業績。本公告列載本 公司二零二二年年度報告全文，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」）中有關年度業績初步公告附載的資料之相關要求。 承董事會命 所羅門環球控股有限公司 主席 胡蘭英 香港，二零二三年三月二十八日 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先生。 ...

Financial Performance - The revenue from the metal casting business increased by approximately 29.9% compared to the previous year, indicating a recovery in the core markets of Europe and the United States [12]. - Total revenue for the year ended December 31, 2022, decreased by approximately 10.3% to about HKD 74.90 million compared to HKD 83.49 million in 2021 [16]. - The financial printing services revenue dropped by about 65.4% compared to pre-COVID-19 levels and significantly impacted the overall performance [14]. - Gross profit for the year was approximately HKD 18.79 million, down from HKD 20.20 million in 2021, maintaining a gross profit margin of around 25% [17]. - The company reported a loss attributable to owners of approximately HKD 12.14 million, a reduction of about 13.29% from HKD 14.00 million in 2021 [21]. - The company's cash and cash equivalents increased to approximately HKD 2.80 million from HKD 1.31 million in 2021 [22]. Market and Business Strategy - The company maintains a cautious optimism regarding the macroeconomic recovery following the easing of pandemic control measures in early 2023 [9]. - The company plans to continue its flexible and targeted sales and marketing strategies to enhance its market position and expand its customer base [9]. - The company aims to seek potential investment opportunities in mainland China, Hong Kong, and overseas to diversify its business and create new revenue sources [9]. - The company plans to continue monitoring the COVID-19 situation and seek diversification opportunities in mainland China, Hong Kong, and overseas markets [14]. Operational Efficiency - The average selling price of products increased, but was nearly offset by rising general costs of raw materials [12]. - Administrative expenses slightly decreased to approximately HKD 28.00 million from HKD 29.18 million in 2021 [19]. - The employee count decreased from 169 to 133, with total employee costs amounting to approximately HKD 27.04 million, down from HKD 32.15 million in the previous year [52]. - The company has established joint ventures with a partner, contributing HKD 1,020,000 and HKD 980,000 respectively [34]. Corporate Governance - The board consists of two executive directors and three independent non-executive directors, with a total of 16 board meetings held during the year [61]. - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM Listing Rules [55]. - The company has appointed three independent non-executive directors, meeting the requirement of having more than one-third of the board [67]. - The chairman and CEO roles are clearly separated, with the chairman leading the board and the CEO overseeing overall management [68]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, with written terms of reference for each [71]. - The company has complied with all applicable provisions of the corporate governance code as of December 31, 2022 [54]. Risk Management - The company faces market risks including currency, interest rate, credit, and liquidity risks, which may impact its business performance [40]. - The board has adopted a three-tier risk management approach to identify, assess, and manage significant risks, with operational units responsible for the first line of defense [89]. - The board reviewed the effectiveness of the risk management and internal control systems and found no significant weaknesses or deficiencies during the review process [90]. Sustainability and ESG - The company is committed to integrating sustainable development principles into its strategic planning and daily operations to maintain competitive advantages in its industries [108]. - Key environmental, social, and governance (ESG) issues identified include environmental protection, employee welfare, and supply chain management [118]. - The company aims to create sustainable growth and long-term value for its stakeholders through effective communication and feedback mechanisms [115]. - The board is responsible for overseeing the company's sustainability efforts, including risk management related to ESG issues [113]. - The company aims to reduce energy consumption, greenhouse gas emissions, and water resources by 5% by 2030 based on 2022 levels [119]. Employee Engagement and Welfare - The employee gender ratio as of December 31, 2022, was 78.2% male and 21.8% female among 133 employees, indicating gender diversity within the workforce [81]. - The employee turnover rate for males was 15.4%, while for females it was significantly higher at 69.0% [130]. - The company provides training materials to all directors to ensure they are updated on legal, regulatory, and corporate governance developments [84]. - In 2022, the average training hours per employee were 22 hours for both male and female employees [136]. - 100% of male employees and 79.3% of female employees received training during the reporting period [136]. Shareholder Relations - The company expresses gratitude to shareholders, customers, suppliers, and business partners for their ongoing support [9]. - The company held its annual general meeting on June 29, 2022, with attendance from the board and committee chairs to ensure effective communication with shareholders [99]. - There is no predetermined dividend payout ratio, and the board considers various factors, including financial performance and cash requirements, when determining dividend payments [96]. - The company reported no dividend recommendation for the year ending December 31, 2022 [160]. Compliance and Ethics - The company recognizes the importance of compliance with regulatory requirements and has allocated resources to ensure ongoing adherence [36]. - The company has implemented anti-corruption and whistleblowing policies to promote integrity in operations [58]. - The company has a zero-tolerance policy towards bribery and corruption, with no violations reported during the period [143][144]. - The company provides regular anti-corruption training to employees to ensure compliance with legal obligations [143]. Financial Position - The debt-to-equity ratio as of December 31, 2022, was 38.82%, up from 36.53% in 2021 [23]. - The company issued a total of 52 million shares in a rights issue, raising approximately HKD 9.3 million for general working capital [26]. - Proceeds from the placement of shares amounted to approximately HKD 2.6 million, allocated for repaying other borrowings and potential new projects [30].

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。 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） 截至二零二二年十二月三十一日止年度 年度業績公告 所羅門環球控股有限公司（「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經審核綜合業績。本公告列載本 公司二零二二年年度報告全文，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」）中有關年度業績初步公告附載的資料之相關要求。 承董事會命 所羅門環球控股有限公司 主席 胡蘭英 香港，二零二三年三月二十八日 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先生。 ...

第 三 季 度 報 告 2022 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 (incorporated in the Cayman Islands with limited liability) Stock Code: 8133 Third Quarterly Report 2022 Solomon Worldwide Holdings Limited 所羅門環球控股有限公司 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個 上市的市場。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮 後方作出投資決定。 摘要 • 於截至二零二二年九月三十日止九個月，本集團錄得收益約62.53百萬港元（二零 二一年：約70.59百萬港元）。 • 於截至二零二二年九月三十日止九個月，本公司權益股東應佔虧損約為9.22百萬港 元（二零二一年：4.91百萬港元）。 • 董事會並不建議派付截至二零二二年九月三十日止九個月的中 ...

Financial Performance - The group recorded revenue of approximately HKD 41.98 million for the six months ended June 30, 2022, a decrease of 9.4% compared to HKD 46.43 million for the same period in 2021[4] - The loss attributable to equity shareholders for the six months ended June 30, 2022, was approximately HKD 7.92 million, compared to a loss of HKD 1.75 million for the same period in 2021[4] - Gross profit for the six months ended June 30, 2022, was HKD 6.26 million, down 51.2% from HKD 12.84 million in the same period of 2021[5] - The total comprehensive loss for the six months ended June 30, 2022, was HKD 10.26 million, compared to a total comprehensive income of HKD 2.29 million for the same period in 2021[5] - The company reported a basic loss per share of HKD 4.98 for the six months ended June 30, 2022, compared to a basic loss per share of HKD 1.62 for the same period in 2021[7] - The company reported a loss of HKD (9,719,000) for the six months ended June 30, 2022, compared to a loss of HKD (2,318,000) in the same period of 2021[20] - Total revenue decreased by approximately 9.59% to about HKD 41.98 million compared to the same period in 2021, primarily due to a decline in financial printing revenue by approximately HKD 19.45 million[52] - Gross profit recorded was approximately HKD 6.26 million, a decrease of about HKD 6.57 million from approximately HKD 12.84 million in the same period of 2021[53] - The company reported a loss attributable to equity shareholders of approximately HKD 9.72 million, compared to a loss of approximately HKD 2.32 million in the same period of 2021[58] Revenue Breakdown - Sales of metal casting products increased significantly to HKD 37,094,000, up 67.8% from HKD 22,095,000 in the previous year[18] - The financial printing service revenue dropped to HKD 4,886,000, down 79.9% from HKD 24,338,000 in the prior year[18] - Revenue from Germany increased significantly to HKD 30,288,000, up 48.7% from HKD 20,387,000 in 2021[22] - Revenue from China rose to HKD 5,642,000, a substantial increase from HKD 1,346,000 in the previous year[22] - The revenue from the metal casting business increased by approximately 67.88% compared to the six months ended June 30, 2021, indicating a recovery in the core markets of Europe and the United States[48] - The financial printing services revenue decreased by approximately 79.92% during the same period, primarily due to ongoing restrictions affecting IPO-related printing orders[49] Cash Flow and Assets - Current assets as of June 30, 2022, amounted to HKD 50.10 million, an increase from HKD 48.09 million as of December 31, 2021[9] - The net asset value as of June 30, 2022, was HKD 7.11 million, compared to HKD 5.48 million as of December 31, 2021[9] - The company’s cash and cash equivalents increased to HKD 2.56 million as of June 30, 2022, from HKD 1.31 million as of December 31, 2021[9] - The cash and cash equivalents at the end of the period were HKD 2,561,000, down from HKD 6,128,000 at the end of the previous year[13] - The net cash used in operating activities was HKD (1,774,000), an improvement from HKD (5,806,000) in the previous year[13] - The net cash generated from financing activities was HKD 3,346,000, compared to a net cash used of HKD (1,803,000) in the same period last year[13] - Trade receivables increased to HKD 15,466,000 as of June 30, 2022, compared to HKD 13,208,000 at the end of December 2021[33] - Trade payables amounted to HKD 17,406,000 as of June 30, 2022, slightly down from HKD 17,728,000 at the end of December 2021[36] Shareholder Information - The company has two reportable segments: metal casting and financial printing, with total segment performance showing a significant decline in the financial printing division[20] - The weighted average number of ordinary shares issued was 158,873,000 for the six months ended June 30, 2022, compared to 107,703,000 in 2021[32] - The total equity attributable to equity shareholders as of June 30, 2022, was HKD 13,393,000, a decrease from HKD 23,748,000 as of January 1, 2021[10] - Ms. Hu Lan Ying holds 15,375,000 shares, representing 8.70% of the company's issued share capital as of June 30, 2022[75] - Mr. Fang Jin Huo holds 26,611,500 shares, accounting for 15.05% of the company's issued share capital as of June 30, 2022[77] Corporate Actions and Governance - The board of directors did not recommend the payment of an interim dividend for the six months ended June 30, 2022[4] - The company did not recommend any interim dividend for the six months ended June 30, 2022, consistent with the previous year[30] - The company has not granted any stock options under its stock option plan since its adoption on April 10, 2015[79] - The company has established an audit committee consisting of two independent non-executive directors, ensuring compliance with GEM listing rules[84] - The company is actively seeking suitable candidates to fill the vacancy left by the resignation of an independent non-executive director to comply with GEM listing rules[85] - The company confirms compliance with the corporate governance code during the reporting period[86] - The report was reviewed and provided with suggestions and opinions by the audit committee[84] Future Outlook and Strategy - The company remains cautiously optimistic about the recovery of financial printing business amid the ongoing COVID-19 pandemic[51] - The company will continue to monitor the COVID-19 situation and seek potential investment opportunities to diversify its business and create new revenue sources[51] - The company plans to use approximately HKD 1,200,000 from a new placement for loan repayment and HKD 2,900,000 for general working capital and potential new projects[44] - The company raised approximately HKD 9,300,000 through a rights issue at a subscription price of HKD 0.2 per share, increasing the number of issued shares from 104,000,000 to 156,000,000[40] - A placement agreement was established to issue up to 20,800,000 new shares at HKD 0.13 per share, raising approximately HKD 2,704,000 in total proceeds[40] - The company’s financial printing services cater primarily to clients in the financial and capital markets, including listed companies and organizations seeking IPOs in Hong Kong[49] - The company is monitoring potential legal claims and their impact on financial conditions, with no provisions currently deemed necessary[45] Employee Information - As of June 30, 2022, the group employed 179 staff members, an increase from 169 staff members as of December 31, 2021[74] - Employee costs totaled approximately HKD 12.95 million for the period, down from HKD 16.07 million in the previous year, reflecting a decrease of about 19.5%[74] Debt and Liabilities - The debt-to-equity ratio as of June 30, 2022, was approximately 45.43%, an increase from 36.53% as of December 31, 2021[61] - The company has no tax liabilities for the periods ended June 30, 2022, and 2021 due to the absence of taxable profits in Hong Kong and China[27]

Financial Performance - The company recorded revenue of approximately HKD 21.87 million for the three months ended March 31, 2022, compared to HKD 16.01 million for the same period in 2021, representing a year-over-year increase of 36.1%[4] - The attributable loss to the owners of the company for the three months ended March 31, 2022, was approximately HKD 3.92 million, an improvement from a loss of HKD 5.73 million in the same period of 2021, indicating a reduction in loss of 31.6%[4] - The gross profit for the three months ended March 31, 2022, was HKD 2.15 million, down from HKD 3.20 million in the same period of 2021, reflecting a decrease of 32.9%[5] - The total comprehensive loss for the period was HKD 5.09 million, compared to HKD 7.31 million for the same period in 2021, showing a decrease of 30.3%[6] - Basic and diluted loss per share for the three months ended March 31, 2022, was HKD 2.67, an improvement from HKD 5.32 in the same period of 2021[6] - Total revenue for the three months ended March 31, 2022, was HKD 21,873,000, compared to HKD 16,013,000 for the same period in 2021, reflecting an increase of approximately 36.5%[12] - The company reported a basic and diluted loss per share of HKD 0.027, based on a weighted average of 146,756,000 shares issued during the period, compared to a loss of HKD 0.053 per share for 107,703,000 shares in the same period of 2021[17] - The financial printing services revenue decreased by approximately 71.54% in Q1 2022 due to ongoing restrictions affecting IPO-related orders[24] Equity and Capital Management - The company’s total equity attributable to owners increased to HKD 15.47 million as of March 31, 2022, from HKD 9.95 million at the beginning of the year[8] - The company raised approximately HKD 9.26 million through a rights issue during the period[8] - The company completed a placement of 20,800,000 new shares at HKD 0.13 per share, raising approximately HKD 2,704,000, with net proceeds of about HKD 2,600,000 for debt repayment and potential new projects[20] - The company’s total issued and paid-up ordinary shares increased from 104,000,000 to 156,000,000 following a rights issue that raised approximately HKD 9,300,000 for general working capital[21] - The company completed a rights issue on January 17, 2022, raising approximately HKD 9.3 million for general working capital[33] Operational Efficiency and Cost Management - The company continues to focus on improving operational efficiency and reducing costs to enhance profitability in future periods[4] - Administrative expenses decreased by approximately 32.43% to about HKD 5.94 million compared to approximately HKD 8.79 million in the same period in 2021[29] - Sales and distribution expenses for the three months ended March 31, 2022, were approximately HKD 1.08 million, a decrease from approximately HKD 1.73 million in the same period in 2021[28] - The average selling price of products increased, but was nearly offset by rising general material costs[23] Market and Business Outlook - The company’s metal casting business revenue rebounded to pre-pandemic levels, indicating economic recovery in core markets in Europe and the United States[22] - The company remains optimistic about the recovery of financial printing business revenue in 2022, driven by the easing of COVID-19 restrictions and new listing opportunities in Hong Kong[25] - The company plans to continue monitoring the COVID-19 situation and implement flexible strategies to maintain market competitiveness[25] - The company is seeking potential investment opportunities to diversify its business and create new revenue sources[25] Governance and Compliance - The company has adopted a code of conduct for directors' securities trading, confirming compliance with the standards set forth in GEM Listing Rules from January to March 2022[43] - As of the report date, directors and major shareholders have no interests in any business that competes or may compete with the group's business[44] - The company has established an audit committee consisting of three independent non-executive directors, ensuring compliance with GEM Listing Rules[45] - The company has adopted the corporate governance code as per Appendix 15 of the GEM Listing Rules, confirming adherence to the code during the reporting period[46] Dividend Policy - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2022[4] - The company did not recommend an interim dividend for the three months ended March 31, 2022, consistent with the same period in 2021[15] Accounting Standards - The company adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2022, with no significant changes to accounting policies or reported amounts[12]

Financial Performance - Solomon Worldwide Holdings Limited reported a rebound in metal casting business revenue, reaching pre-pandemic levels due to increased overseas market demand[14]. - The financial printing business experienced a decline in revenue compared to the previous year, impacted by strict cross-border control measures in Hong Kong and China[14]. - The group's total revenue for the year ended December 31, 2021, decreased by approximately 2.46% to about HKD 83.49 million, compared to an increase of 68% in 2020[24]. - The metal casting business revenue increased by approximately 24.9% due to the easing of lockdown measures in overseas markets and China, indicating a recovery in core markets in Europe and the United States[20]. - The financial printing services revenue decreased by approximately 25.0% due to ongoing restrictions affecting IPO-related orders[21]. - The gross profit for the year was approximately HKD 20.20 million, a slight decrease from HKD 21.93 million in 2020, maintaining a gross profit margin of about 24%[25]. - The loss attributable to the company's owners for the year was approximately HKD 14.00 million, a decrease of about 38.24% compared to HKD 22.67 million in 2020[29]. - The group's cash and cash equivalents as of December 31, 2021, were approximately HKD 1.31 million, down from HKD 14.32 million in 2020[30]. - The debt-to-equity ratio as of December 31, 2021, was 36.53%, indicating a shift from 0% in the previous year[31]. - The company reported a total revenue of HKD 83.49 million for the year, a slight decrease from HKD 85.60 million in the previous year[5]. Business Outlook - The company remains optimistic about the future of its financial printing business, anticipating a relaxation of cross-border control measures soon[15]. - The Hong Kong Stock Exchange has introduced new measures to optimize and simplify the listing system for overseas issuers, which may boost IPO activities and demand for financial printing services[14]. - The management highlighted the potential for increased demand in the financial printing sector due to the introduction of SPAC listing regulations[14]. - The group will continue to seek potential investment opportunities to diversify its business and create new revenue sources[18]. Corporate Governance - The company is committed to ensuring the accuracy and completeness of the information provided in its annual report[9]. - The board of directors confirmed that the information in the report is true and complete after reasonable inquiries[9]. - The company has adopted corporate governance practices as detailed in the corporate governance report[192]. - The board consists of three executive directors and three independent non-executive directors, with a total of ten board meetings held during the year[56][61]. - The independent non-executive directors represent more than one-third of the board, ensuring compliance with GEM listing rules[65]. - The chairman and CEO roles are clearly separated, with the chairman leading the board and the CEO overseeing overall management and daily operations[66]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee, to oversee specific aspects of the company's affairs[67]. - The audit committee held four meetings during the year, with all members attending every meeting[70]. - The Compensation Committee held four meetings during the year to review the remuneration policies and structures for all directors[71]. - The independent non-executive directors have confirmed their independence annually, in line with GEM listing rules[65]. Risk Management - The company faces various market risks, including currency risk, interest rate risk, credit risk, and liquidity risk, which may impact its business operations and profitability[38]. - The company has implemented a three-tier risk management approach to identify, assess, and manage significant risks[82]. - The board is responsible for overseeing the effectiveness of the risk management and internal control systems, with annual reviews conducted[82]. - The company has established appropriate procedures and internal controls for handling and disclosing inside information, ensuring compliance with relevant regulations[84]. - The board has reviewed and discussed the risk management and internal control systems, finding them sufficient and effective without any significant weaknesses or deficiencies[83]. Sustainability and Environmental Impact - The company is committed to integrating sustainable development principles into its strategic planning and daily operations to maintain competitive advantages in its industries[99]. - The company aims to reduce energy consumption, greenhouse gas emissions, and water resources by 5% by 2030 based on 2021 levels[111]. - In 2021, total greenhouse gas emissions amounted to 2,942.03 tons of CO2 equivalent, with a density of 17.41 tons per employee[112]. - The company consumed 4,159.36 MWh of electricity in 2021, with a density of 9.21 MWh per ton of production[112]. - The company generated 1.44 tons of hazardous waste and 45.88 tons of non-hazardous waste in 2021, with densities of 0.01 tons and 0.27 tons per employee respectively[112]. - The company emphasizes the importance of stakeholder engagement to create sustainable growth and long-term value[107]. - The board is committed to integrating environmental, social, and governance principles into business operations and regularly reviews risk management and internal control systems[105]. Employee and Workforce Management - As of December 31, 2021, the company employed 169 staff members, down from 178 in 2020, with a gender distribution of 71.0% male and 29.0% female[123]. - The employee turnover rate for 2021 was 23.3% for males and 18.4% for females, with the highest turnover rate of 31.8% occurring in the 18 to 30 age group[123]. - The average training hours per employee were 19.96 hours for males and 20.17 hours for females, with 80.8% of male employees and 44.9% of female employees receiving training[130]. - The company has implemented strict policies against child labor and forced labor, ensuring compliance with local employment laws[132]. - The company has not reported any significant violations of occupational safety and health regulations during the reporting period, with no work-related fatalities[127]. - The company has provided training programs covering technical skills, internal systems, safety, and employee onboarding[128]. Financial Transactions and Shareholder Information - The company completed a rights issue on January 17, 2022, raising approximately HKD 9.3 million, with 52,000,000 shares issued at a subscription price of HKD 0.2 per share[33]. - The expected allocation of the net proceeds from the rights issue includes approximately 21.5% (HKD 2.0 million) for employee costs, 37.6% (HKD 3.5 million) for rental expenses, 26.9% (HKD 2.5 million) for repayment of payables, and 14.0% (HKD 1.3 million) for other operational expenses[33]. - The company has a share option plan that allows for the issuance of options up to 10% of the total issued shares as of the listing date[165]. - The company has not issued any share options under the share option plan as of the report date[168]. - The company reported no dividend payment for the fiscal year ending December 31, 2021[156]. - The group reported a loss attributable to equity shareholders of approximately HKD 14,002,000 as of December 31, 2021[200]. - Current liabilities exceeded current assets by approximately HKD 908,000, indicating significant uncertainty regarding the group's ability to continue as a going concern[200]. Compliance and Ethical Standards - The company emphasizes the importance of compliance with regulatory requirements to ensure ongoing business operations[34]. - The group maintains a zero-tolerance policy towards bribery and corruption, with no reported violations of related laws as of December 31, 2021[139]. - The group has implemented regular anti-corruption training for employees to ensure compliance with legal obligations[138]. - The group has a comprehensive code of conduct outlined in its Human Resources Manual to guide employees on anti-bribery and anti-corruption practices[138]. - The group has received certifications from the German TÜV Rheinland for compliance with European pressure equipment directives, ensuring high product quality[134]. - The group has not encountered any major violations of data privacy laws during the reporting period, demonstrating commitment to data protection[137].