Financial Performance - The group recorded revenue of approximately HKD 45.70 million for the six months ended June 30, 2020, compared to HKD 33.68 million for the same period in 2019, representing an increase of 36%[2] - The loss attributable to owners of the company for the six months ended June 30, 2020, was approximately HKD 5.63 million, compared to a loss of HKD 4.14 million for the same period in 2019, indicating a deterioration in performance[2] - The gross profit for the six months ended June 30, 2020, was HKD 12.39 million, up from HKD 7.23 million in the same period of 2019, reflecting a gross margin improvement[4] - The company reported a pre-tax loss of HKD 6.49 million for the six months ended June 30, 2020, compared to a loss of HKD 3.87 million for the same period in 2019, indicating increased operational challenges[4] - The total comprehensive expenses for the period amounted to HKD 6,847,000, which included a loss of HKD 5,628,000[6] - The company experienced a loss of HKD 5,628,000 during the period, compared to a loss of HKD 4,137,000 in the same period of 2019[6] - The segment performance showed a loss of HKD 5,215,000 for the six months ended June 30, 2020, compared to a loss of HKD 1,492,000 in 2019, indicating a significant decline in profitability[16] - The company reported a basic loss per share of HKD 0.14 for the six months ended June 30, 2020, compared to HKD 0.12 in 2019, indicating a worsening loss situation[25] Assets and Equity - The total assets as of June 30, 2020, amounted to HKD 49.18 million, compared to HKD 29.75 million as of December 31, 2019, showing a significant increase of 65%[5] - The total equity of the company as of June 30, 2020, was HKD 38.14 million, compared to HKD 27.74 million as of December 31, 2019, representing a growth of 37%[5] - The company’s total equity as of June 30, 2020, was HKD 38,135,000, a decrease from HKD 39,104,000 at the beginning of the year[6] - The net trade receivables increased significantly to HKD 21,616,000 as of June 30, 2020, compared to HKD 6,276,000 as of December 31, 2019, reflecting a growth of 244.5%[26] Cash Flow and Liquidity - The company's cash and cash equivalents increased to HKD 11.51 million as of June 30, 2020, from HKD 4.99 million as of December 31, 2019, indicating improved liquidity[5] - Cash and cash equivalents increased by HKD 6,564,000, ending the period at HKD 11,513,000, compared to HKD 6,603,000 at the end of June 2019[8] - The company reported a net cash inflow from financing activities of HKD 8,107,000, compared to HKD 455,000 in the same period of 2019[8] - The operating cash outflow for the period was HKD 956,000, an improvement from HKD 2,031,000 in the same period of 2019[8] - The company had no borrowings as of June 30, 2020, compared to HKD 2.5 million in borrowings as of December 31, 2019[44] - The debt-to-equity ratio as of June 30, 2020, was 0%, down from 9% as of December 31, 2019[45] Revenue Sources - Sales of metal casting products generated HKD 22,231,000, down 28% from HKD 30,956,000 in the previous year[13] - The financial printing services segment generated revenue of HKD 23,156,000, with no revenue reported in the previous year[13] - Revenue from Germany decreased to HKD 19,667,000 in 2020 from HKD 28,145,000 in 2019, representing a decline of 30.2%[18] Expenses - The company’s administrative expenses rose to HKD 18.23 million for the six months ended June 30, 2020, compared to HKD 8.52 million for the same period in 2019, highlighting increased operational costs[4] - Selling and distribution expenses for the six months ended June 30, 2020, were approximately HKD 2.76 million, an increase of about 18% from approximately HKD 2.33 million in 2019[39] - Employee costs totaled approximately HKD 15.30 million for the six months ended June 30, 2020, compared to HKD 9.70 million for the same period in 2019, representing a 57.73% increase[58] - The cost of inventory recognized as an expense was HKD 17,418,000 for the six months ended June 30, 2020, down from HKD 23,961,000 in 2019, a decrease of 27.3%[22] Dividends and Share Issuance - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2020, reflecting a cautious approach amid ongoing losses[2] - The company did not recommend an interim dividend for the six months ended June 30, 2020, consistent with the previous year[23] - The company issued 660,000,000 new shares at a price of HKD 0.028 per share, raising approximately HKD 18,018,000 after expenses[7] Corporate Governance and Compliance - The company has adopted a code of conduct for directors' securities trading, ensuring compliance with GEM Listing Rules from June 30, 2020[66] - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM Listing Rules[69] - The company has adopted the corporate governance code as per GEM Listing Rules and has complied with its principles as of June 30, 2020[70] Strategic Initiatives - The acquisition of Solomon Holdings Group Limited on January 6, 2020, is expected to diversify revenue sources and enhance growth in the financial printing services sector[34] - The company plans to strengthen cost control and resource management in response to the challenges posed by the COVID-19 pandemic and the global economic downturn[33] Employee and Shareholder Information - The employee count increased to 184 as of June 30, 2020, up from 148 on December 31, 2019[58] - Major shareholders include Mr. Fang Jinhui with 709,640,000 shares (17.06%) and Mr. Yuan Yunnan with 660,000,000 shares (15.87%) as of June 30, 2020[61] Other Information - The group has no significant capital commitments as of June 30, 2020, consistent with December 31, 2019[53] - The group has no major investments or capital asset plans as of June 30, 2020[55] - The group has not engaged in any significant acquisitions or disposals of subsidiaries or associates during the six months ended June 30, 2020[56] - The group has no foreign currency hedging policy in place but continues to monitor foreign exchange risks[51] - The group is actively addressing ownership issues related to its leased property in Huizhou, with ongoing communication with the property owner[52] - The group has not purchased, sold, or redeemed any of its securities during the six months ended June 30, 2020[65] - No share options have been granted under the share option scheme since its adoption on April 10, 2015[63]

Financial Performance - The group recorded revenue of approximately HKD 19.85 million for the three months ended March 31, 2020, compared to HKD 18.02 million for the same period in 2019, representing an increase of 10.14%[3] - The loss attributable to owners of the company for the three months ended March 31, 2020, was approximately HKD 3.28 million, compared to a loss of HKD 1.05 million for the same period in 2019, indicating a significant increase in losses[3] - Gross profit for the three months ended March 31, 2020, was HKD 4.02 million, up from HKD 3.33 million in the same period of 2019, reflecting a gross margin improvement[5] - The total comprehensive loss for the period was HKD 4.55 million, compared to HKD 1.60 million for the same period in 2019, indicating a worsening financial position[5] - Basic and diluted loss per share for the three months ended March 31, 2020, was HKD 0.08, compared to HKD 0.03 for the same period in 2019[5] - The company reported a foreign exchange loss of HKD 0.42 million during the period, compared to a loss of HKD 0.54 million in the same period of 2019[5] - Revenue from the sale of cast metal products was HKD 11.07 million, down from HKD 15.47 million in the previous year, while revenue from financial printing services was HKD 8.47 million[10] Expenses and Losses - The group incurred administrative expenses of HKD 8.02 million for the three months ended March 31, 2020, compared to HKD 3.51 million in the same period of 2019, showing a rise of 128.5%[5] - Selling and distribution expenses increased by approximately 72% to about HKD 1.74 million, up from HKD 1.01 million in the previous year, primarily due to expenses from the newly acquired financial printing business[23] - Administrative expenses for the three months ended March 31, 2020, were approximately HKD 8.02 million, an increase of about 128% compared to approximately HKD 3.51 million for the same period in 2019[24] - The loss attributable to owners for the three months ended March 31, 2020, was approximately HKD 3.28 million, compared to a loss of approximately HKD 1.05 million for the same period in 2019, primarily due to increased sales and administrative expenses[26] Dividends and Share Issuance - The board of directors did not recommend the payment of an interim dividend for the three months ended March 31, 2020[3] - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2020, consistent with the previous year[13] - The company raised approximately HKD 18.02 million through the issuance of new shares, which will be used for future expansion and operational needs[7] Business Developments - The company completed the acquisition of Solomon Holdings Group Limited on January 6, 2020, which is expected to diversify revenue sources and enhance growth in financial printing services[18] - The entertainment business was terminated in February 2020 to prevent further losses due to market uncertainties and the impact of COVID-19[19] - The company will continue to monitor the market situation and explore new investment opportunities to diversify its business and create new revenue streams[18] Market Impact - The outbreak of COVID-19 has led to a temporary decline in production due to factory shutdowns and reduced labor mobility in China[18] Shareholder Information - Major shareholders include Mr. Fang Jinhui with 739,240,000 shares (17.77%), Mr. Yuan Yunnan with 660,000,000 shares (15.87%), and Mr. Xu Sheng with 218,260,000 shares (5.25%) as of March 31, 2020[33]

Financial Performance - Total revenue for the year ended December 31, 2019, decreased by approximately 18% to about HKD 55.12 million compared to the same period in 2018[15]. - Sales cost for the year ended December 31, 2019, decreased by approximately 26% to about HKD 41.13 million, primarily due to reduced sales volume of cast metal products and fewer events held[16]. - Gross profit increased from HKD 11.75 million for the year ended December 31, 2018, to HKD 13.99 million for the year ended December 31, 2019, with a gross margin improvement from approximately 17% to about 25%[16]. - The company reported a loss attributable to owners of approximately HKD 10.49 million for the year ended December 31, 2019, compared to HKD 9.71 million in 2018, mainly due to increased administrative expenses[20]. - As of December 31, 2019, the company's cash and cash equivalents were approximately HKD 5.00 million, down from HKD 8.88 million as of December 31, 2018[23]. - The company's debt-to-equity ratio as of December 31, 2019, was 9%, compared to 0% as of December 31, 2018, indicating a shift in financial leverage[24]. Business Strategy and Market Position - The company aims to diversify its revenue sources and enhance shareholder value through flexible and targeted sales and marketing strategies[9]. - The acquisition of Solomon Holdings Group Limited was completed on January 6, 2020, to diversify revenue sources and benefit from the expected growth in financial printing services[9]. - The company plans to continue seeking potential investment opportunities to enrich its business and create new revenue sources[12]. - The company’s primary market for metal casting components is Germany, with customers also from China, Hong Kong, and the United States[12]. - The company is focused on expanding its market presence and exploring potential mergers and acquisitions[133]. Operational Challenges - The operating environment remains challenging due to rising labor costs, stricter environmental regulations, and economic slowdown in China[8]. - The company will closely monitor the business environment and explore new and value-added businesses to mitigate risks and ensure stable returns[8]. Employee and Governance - As of December 31, 2019, the total number of employees (including directors) was 148, a decrease from 158 in 2018[47]. - The total employee cost (including director remuneration) for the year ended December 31, 2019, was approximately HKD 19.40 million, compared to HKD 18.50 million in 2018, reflecting an increase of about 4.84%[47]. - The company has a clear distinction between the roles of the chairman and the CEO, with the chairman leading the board and the CEO overseeing overall management and daily operations[64]. - The company has established three board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee, each with a written terms of reference[65]. - The company has adopted the corporate governance code principles and has complied with all applicable code provisions during the year[51]. Risk Management - The company faced various market risks, including currency risk, interest rate risk, credit risk, and liquidity risk, which could impact its business and profitability[33]. - The company has implemented a risk management and internal control system, which is reviewed at least annually to ensure its effectiveness[80]. - The board has adopted a three-tier risk management approach to identify, assess, and manage significant risks, ensuring that the internal control system is adequate and effective[82]. Environmental Impact - The company is committed to sustainable development and engages in various environmental and social welfare activities to promote sustainability[97]. - Total greenhouse gas emissions for 2019 amounted to 3,092.05 tons, a decrease of 14% from 3,594.28 tons in 2018[100]. - The company consumed 283 tons of liquefied petroleum gas and diesel in 2019, down from 346 tons in 2018, representing a reduction of approximately 18%[104]. - Electricity consumption in 2019 was 3,304.55 MWh, a decrease of 12% compared to 3,748.23 MWh in 2018[104]. - Water consumption for 2019 was 2,635.68 cubic meters, down from 2,974.27 cubic meters in 2018, indicating a reduction of about 11%[104]. Shareholder Information - The company has a total distributable reserve of HKD 50 million as of December 31, 2019[135]. - For the fiscal year ending December 31, 2019, the company did not recommend any dividend distribution[134]. - There is no predetermined dividend payout ratio, and the board considers various factors, including financial performance and cash requirements, when determining dividend payments[87]. Audit and Compliance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2019[181]. - The audit aimed to reasonably ensure that the financial statements are free from material misstatement due to fraud or error[197]. - Management is tasked with assessing the company's ability to continue as a going concern and disclosing relevant matters[195].

Financial Performance - The group recorded revenue of approximately HKD 44.92 million for the nine months ended September 30, 2019, a decrease of 10.1% compared to HKD 49.96 million for the same period in 2018[4]. - The loss attributable to the owners of the company for the nine months ended September 30, 2019, was approximately HKD 7.36 million, compared to a loss of HKD 5.20 million for the same period in 2018, representing an increase in loss of 41.5%[4]. - Total revenue for the nine months ended September 30, 2019, decreased by approximately 10% to about HKD 44.92 million compared to the same period in 2018[28]. - The company reported a loss attributable to owners of approximately HKD 7.36 million for the nine months ended September 30, 2019, compared to a loss of about HKD 5.20 million in the same period of 2018[35]. - Basic and diluted loss per share for the nine months ended September 30, 2019, was HKD 0.21, compared to HKD 0.15 for the same period in 2018[20]. Gross Profit and Expenses - Gross profit for the nine months ended September 30, 2019, was HKD 10.48 million, slightly up from HKD 10.23 million in the same period of 2018, indicating a gross margin improvement[5]. - Administrative expenses increased to HKD 13.80 million for the nine months ended September 30, 2019, from HKD 11.47 million in the same period of 2018, representing a rise of 20.3%[5]. - Sales cost for the same period decreased by approximately 13% to about HKD 34.44 million, primarily due to reduced sales volume of cast metal products[29]. - Gross profit for the nine months ended September 30, 2019, was HKD 10.48 million, slightly up from HKD 10.23 million in the same period last year, with a gross margin increase from approximately 21% to about 23%[31]. Dividends and Equity - The board of directors did not recommend the payment of any dividends for the nine months ended September 30, 2019[4]. - The company did not recommend any dividend for the nine months ended September 30, 2019, consistent with the same period in 2018[17]. - The company’s total equity as of September 30, 2019, was HKD 30.49 million, down from HKD 49.34 million as of January 1, 2018, reflecting a decrease of 38.2%[6]. - The company’s capital reserve decreased due to the expiration of non-listed warrants, impacting the overall equity position[6]. Foreign Exchange and Tax - The foreign exchange loss from overseas operations for the nine months ended September 30, 2019, was HKD 1.26 million, compared to HKD 1.05 million for the same period in 2018, indicating a 20.2% increase in foreign exchange losses[5]. - The income tax expense for the nine months ended September 30, 2019, included HKD 429,000 for Hong Kong profits tax, compared to no provision in the same period of 2018[16]. Business Strategy and Opportunities - The company is optimistic about the financial printing services market due to the increase in the number of listed companies from 1,547 in 2012 to 2,315 in 2018[24]. - The company has entered into a conditional sale agreement to acquire 75% of Solomon Holdings Group Limited, which is expected to enhance profitability[24]. - The company has engaged a consultant with over 15 years of experience in the financial printing industry to explore business opportunities and improve financial performance[26]. - The company plans to adopt a proactive yet prudent approach in its business strategy to enhance long-term profitability and shareholder value[26]. - The company is actively managing risks related to the ownership of its leased casting factory in Huizhou, Guangdong Province[36]. Shareholding and Governance - As of September 30, 2019, Mr. Cai holds 181,500,000 shares, representing 5.18% of the company's issued share capital[38]. - Bravo Luck Limited, fully owned by Mr. Cai, holds 181,500,000 shares, also representing 5.18% of the company's issued share capital[40]. - Mr. Fang holds 739,240,000 shares, which accounts for 21.12% of the company's issued share capital[40]. - No share options have been granted under the share option scheme since its adoption on April 10, 2015[43]. - The company did not purchase, sell, or redeem any of its securities during the nine months ended September 30, 2019[45]. - The company has established an audit committee consisting of three independent non-executive directors[48]. - The company has adopted the corporate governance code as per GEM Listing Rules and has complied with its provisions during the nine months ended September 30, 2019[50].

Financial Performance - The group recorded revenue of approximately HKD 33.68 million for the six months ended June 30, 2019, compared to HKD 27.84 million for the same period in 2018, representing an increase of 21.0%[4] - The loss attributable to the owners of the company for the six months ended June 30, 2019, was approximately HKD 4.14 million, slightly improved from a loss of HKD 4.37 million in the same period of 2018[4] - The gross profit for the six months ended June 30, 2019, was HKD 7.23 million, up from HKD 4.43 million in the previous year, indicating a gross margin improvement[5] - The total revenue for the six months ended June 30, 2019, was HKD 33,681,000, representing a 21% increase from HKD 27,844,000 in the same period of 2018[17] - The company reported a loss before tax of HKD (3,869,000) for the six months ended June 30, 2019, compared to a loss of HKD (4,215,000) in the same period of 2018, showing an improvement in performance[21] - The total loss for the six months ended June 30, 2019, was HKD 4,137,000, slightly improved from HKD 4,369,000 in the same period of 2018[29] Assets and Liabilities - The total assets less current liabilities as of June 30, 2019, amounted to HKD 46.94 million, compared to HKD 39.10 million as of December 31, 2018, reflecting a growth of 20.1%[7] - The company's cash and cash equivalents decreased to HKD 6.60 million from HKD 8.88 million as of December 31, 2018, a decline of 25.7%[7] - The total equity of the company as of June 30, 2019, was HKD 34.42 million, down from HKD 39.10 million at the end of 2018, a decrease of 12.5%[7] - The total cash and cash equivalents decreased to HKD 6,603,000 at the end of June 30, 2019, down from HKD 13,415,000 at the end of June 30, 2018[10] - Trade receivables increased to HKD 10,867,000 as of June 30, 2019, from HKD 9,346,000 as of December 31, 2018[31] - Trade payables rose to HKD 7,980,000 as of June 30, 2019, compared to HKD 6,402,000 as of December 31, 2018[34] Dividends and Earnings Per Share - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2019[4] - The company reported a basic and diluted loss per share of HKD 0.12 for the six months ended June 30, 2019, unchanged from the same period in 2018[5] - Basic and diluted loss per share for the six months ended June 30, 2019, was HKD 0.12, unchanged from the same period in 2018[29] Expenses - The company experienced an increase in administrative expenses to HKD 8.52 million for the six months ended June 30, 2019, compared to HKD 6.37 million in the same period of 2018, an increase of 33.6%[5] - Total compensation for key management personnel for the six months ended June 30, 2019, was HKD 2,049,000, up from HKD 1,382,000 in the same period of 2018[39] Revenue Segmentation - Revenue from metal casting products was HKD 30,956,000, up from HKD 27,844,000, while concert and performance revenue was HKD 2,725,000, which was not present in the previous year[17] - The company has two reportable segments: metal casting and entertainment, with total segment revenue of HKD 33,681,000 for the six months ended June 30, 2019[19] - Revenue from Germany accounted for HKD 28,145,000, representing a significant portion of total revenue, while revenue from Hong Kong was HKD 2,725,000[22] Accounting and Compliance - The company adopted new accounting standards effective January 1, 2019, which resulted in an increase of HKD 15,567,000 in both right-of-use assets and lease liabilities[16] - The company is currently evaluating the impact of new accounting standards that have been issued but are not yet effective[16] - The audit committee, consisting of three independent non-executive directors, has reviewed and provided recommendations on the report[79] - The company has adopted the corporate governance code as per GEM Listing Rules and confirmed compliance during the reporting period[80] Shareholder Information - As of June 30, 2019, the major shareholder, Mr. Cai, held 181,500,000 shares, representing 5.18% of the issued share capital[66] - Bravo Luck Limited, wholly owned by Mr. Cai, also holds 181,500,000 shares, indicating a direct beneficial ownership[67] - Mr. Fang held 739,240,000 shares, representing 21.12% of the issued share capital as of June 30, 2019[70] Business Strategy and Risks - The group aims to adopt an active yet prudent approach in its business strategy to enhance long-term profitability and shareholder value[44] - The group faces foreign currency risk primarily due to sales to European clients, with most revenue denominated in euros[58] - The group is actively managing risks related to the ownership of leased properties in China, with ongoing communication with property owners[59] Employee Information - The employee count increased to 157 as of June 30, 2019, up from 153 the previous year, with total employee costs amounting to approximately HKD 9.70 million[65] Other Information - The company did not purchase, sell, or redeem any of its securities during the six months ended June 30, 2019[75] - The company has adopted a code of conduct for directors' securities transactions, confirming compliance with the standards set forth in GEM Listing Rules[76] - No directors or controlling shareholders had any business or interests that could compete with the company's operations during the six months ended June 30, 2019[77] - There were no major acquisitions or disposals of subsidiaries or associated companies during the six months ending June 30, 2019[64] - As of June 30, 2019, the group had no significant capital commitments, consistent with the previous year[60] - The group did not hold any significant equity investments in other companies aside from subsidiaries as of June 30, 2019[61] - The group has a share option scheme approved on April 10, 2015, but no options have been granted under this scheme since its adoption[72][73]

(於開曼群島註冊成立的有限公司) 股份代號: 8133 第一季度業績報告 2019 * 僅供識別 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小型及中型公司提供 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。 由於GEM上市公司一般為小型及中型公司，在GEM買賣的證券可能會較於聯交所主板買賣的 證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，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報告全部或任何部份內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 本報告乃根據聯交所GEM證券上市規則（「GEM上市規則」）之規定而刊載，旨在提供有關鑄能 控股有限公司（「本公司」）的資料，本公司董事（「董事」）願就本報告共同及個別地承擔全部責 任。董事在作出一切合理查詢後，確認就彼等所知及所信，本報告所載資料在所有重要方面 均準確及完整，並無誤導或欺詐成份，且並無遺漏任何其他事項，致使當中 ...

C M Y CM MY CY CMY K Jete Power_18AR_fin.pdf 1 26/3/2019 下午5:47 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。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場波 動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確 表示概不就因本報告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告乃根據GEM證券上市規則（「GEM上市規則」）之規定而刊載，旨在提供有關鑄能控股有限公司（「本公司」）的 資料，本公司董事（「董事」）願就本報告共同及個別地承擔全部責任。董事在作出一切合理查詢後，確認就彼等所 知及所信，本報告所載資料在所有重要方面均準確及完整，並無誤導或欺詐成份，且並無遺漏任何其他事項 ...