Financial Performance - For the three months ended June 30, 2023, the Group's revenue was approximately HK$19.3 million, a decrease of 0.7% compared to HK$19.4 million for the same period in 2022[11]. - The Group recorded a loss of approximately HK$4.5 million for the Period, compared to a loss of approximately HK$3.7 million for the preceding period[11]. - The Group recorded a loss of approximately HK$4.5 million and total comprehensive expenses of about HK$5.6 million for the period, compared to a loss of approximately HK$3.7 million and total comprehensive expenses of about HK$1.1 million in the same period last year, indicating an increase in loss primarily due to a decrease in gross profit margin from the advertising services business[27][28]. - For the three months ended June 30, 2023, total revenue was HK$19,250,000, a decrease of 0.65% from HK$19,376,000 in the same period of 2022[95]. - The company reported a loss of HK$4,825,000 for the period ended June 30, 2023, compared to a loss of HK$3,533,000 for the same period in 2022[90]. - For the three months ended June 30, 2023, the loss attributable to owners of the Company was HK$4,511,000, compared to a loss of HK$3,533,000 for the same period in 2022[106]. - Total comprehensive expense for the period attributable to owners of the company was HK$5,643,000, significantly higher than HK$1,065,000 in the previous year, indicating a substantial increase in overall expenses[80]. - Gross profit for the period was HK$1,575,000, down from HK$4,756,000 in the previous year, indicating a decline of approximately 66.8%[81]. Revenue Breakdown - Advertising service income decreased to HK$17,125,000 from HK$19,376,000, representing a decline of 11.6% year-over-year[95]. - The new energy battery segment recorded revenue of approximately HK$2.1 million during the Period from contracts for high-power batteries for golf carts in the PRC[19]. - Sales of new energy batteries generated HK$2,125,000 in revenue, with no sales reported in the same period of 2022[95]. - Other income for the period was HK$331,000, compared to HK$4,000 in the previous year, indicating a significant increase[96]. Expenses and Cost Management - The gross profit margin for the advertising services business decreased to approximately 8.2%, down from approximately 24.7% in the corresponding period last year[12]. - The Group's administrative expenses decreased by approximately 25.7% to approximately HK$5.8 million, compared to approximately HK$7.9 million for the same period last year[23]. - Staff salaries and emoluments decreased by approximately 54.4% to approximately HK$1.2 million, down from approximately HK$2.5 million in the same period last year[23]. - Employee benefit expenses decreased to HK$2,072,000 in Q2 2023 from HK$2,512,000 in Q2 2022, representing a reduction of approximately 17.5%[100]. - Finance costs increased by approximately 39.8% to approximately HK$471,000 for the Period, compared to approximately HK$337,000 for the corresponding period last year[25]. Strategic Actions and Investments - The Company completed the disposal of its new energy vehicle segment on July 7, 2023, for a consideration of HK$3,650,000[17]. - On July 7, 2023, the Group entered into a sale and purchase agreement to sell 100% equity interest in Glory Ray Global Limited for HK$3,650,000, allowing the Group to realign its business strategy towards new energy-related segments and focus on new battery technology[35][37]. - The Group acquired Hainan Weishi New Energy Technology Company Limited, focusing on super-fast charging batteries, on November 25, 2022[18]. - The Company acquired Jiading Global Limited on June 26, 2023, for a consideration of HK$1, with goodwill arising from the acquisition amounting to HK$1,115,000[113]. - The Group did not engage in any significant investments, acquisitions, or disposals of subsidiaries or associated companies during the period, except as disclosed in the financial statements[32]. Future Outlook - The Group anticipates improved prospects for the advertising business in 2023 due to a better macroeconomic environment and market conditions[36][38]. - The new energy battery sector is expected to grow significantly, with the Group aiming to seize market opportunities through acquisitions and collaborations, as well as further investments in research and development[36][40]. - The Group has continued to invest significantly in research and development to enhance product offerings and maintain a competitive edge in the market[40][41]. - The Group is well positioned to capitalize on the growing demand for new energy batteries, particularly in the PRC, supported by a strong brand reputation and experienced management team[41][43]. Corporate Governance and Compliance - The company has complied with all code provisions set out in the Corporate Governance Code for the three months ended June 30, 2023[63]. - The Audit Committee reviewed the unaudited first quarterly report and confirmed compliance with applicable accounting standards and GEM Listing Rules[73]. - The company has adopted a code of conduct regarding directors' securities transactions, which has been complied with by all directors for the three months ended June 30, 2023[68]. - There were no interests in any competing businesses held by directors or management shareholders during the review period[64]. - No directors or chief executives had any interests or short positions in the shares of the company as of June 30, 2023[50]. Shareholder Information - As of June 30, 2023, Mr. Mou Zhongwei holds 153,500,000 shares, representing 10.04% of the total shares[48]. - Ms. Liu Ching Man holds 2,340,000 shares, representing 0.15% of the total shares[48]. - Mr. Li Guangying holds 6,000,000 shares, representing 3.92% of the total shares[48]. - Ms. Wang Dongmei holds 9,926,000 shares, representing 0.64% of the total shares[48]. - Ms. Liu Ying holds 10,100,000 shares, representing 0.66% of the total shares[48]. - Mr. Mu Ruifeng holds 12,340,000 shares, representing 0.80% of the total shares[48]. - The total number of shares available for issue under the share option scheme as of June 30, 2023, is 152,845,630 shares[60]. - The weighted average number of ordinary shares in issue for the three months ended June 30, 2023, was 1,528,456,000, an increase from 1,018,971,000 in the same period of 2022[106]. Taxation and Dividends - The current tax expense for the three months ended June 30, 2023, was HK$121,000, compared to HK$234,000 in the same period of 2022, indicating a decrease of approximately 48.7%[103]. - The Company does not recommend the payment of a dividend for the three months ended June 30, 2023, consistent with the previous year[112].

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 之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就 本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 JIADING INTERNATIONAL GROUP HOLDINGS LIMITED 嘉 鼎 國 際 集 團 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） 08153 （股份代號： ） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 嘉鼎國際集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公 司及其附屬公司於截至二零二三年三月三十一日止年度的經審核綜合業績。 本公告載有本公司二零二三年年報全文，符合香港聯合交易所有限公司GEM GEM 證券上市規則（「 上市規則」）有關年度業績初步公告所附資料的相關規定。 承董事會命 嘉鼎國際集團控股有限公司 主席 牟忠緯 香港，二零二三年六月三十日 於本公告日期，執行董事為牟忠緯先生、廖靜雯女士、李光營先生及蔡穎女士； 非執行董事為王棟梅女士及劉英女士；及獨立非執行董事為羅輯 ...

Equity Sale and Financial Obligations - The company has agreed to sell 51% of Beijing Chuangyi's equity for a symbolic price of RMB 1.00 due to unsatisfactory performance, failing to meet the revenue guarantee of at least RMB 30.0 million by December 31, 2022[1]. - The company will terminate its responsibility to pay approximately RMB 11.85 million for the unpaid purchase price related to the acquisition agreement[1]. - Following the completion of the sale agreement on March 22, 2023, the company no longer holds any interest in Beijing Chuangyi[1]. - The Group disposed of its 51% equity interest in Beijing Creative Communication International Cultural Media Co., Ltd. on 22 March 2023[74]. Financial Performance and Revenue - For the year ended 31 March 2023, sales to the Group's five largest customers accounted for 45.8% of total revenue, with the largest customer contributing 10.8%[66]. - The new energy battery segment recorded revenue of approximately HK$12.1 million from contracts for high-power batteries supplied to golf carts in the PRC[47]. - The Group's two largest suppliers accounted for 100% of total purchases for the year[66]. - The company’s five largest customers accounted for 45.8% of total revenue for the year, with the largest customer contributing 10.8%[172]. Debt and Capital Management - Total allocation for repayment of debts is HK$ 5,800,000, and for general working capital is HK$ 20,200,000, totaling HK$ 26,000,000 as of March 31, 2023[4]. - The company successfully placed 169,828,478 new shares at a price of HKD 0.16 per share, raising approximately HKD 26.0 million for debt repayment and general working capital[76]. - The net proceeds from the share placement will be utilized for debt repayment and general operational funding, enhancing financial stability[76]. Share Option Scheme - The new share option scheme was adopted on April 6, 2023, allowing the issuance of up to 10% of the total shares in issue, which amounts to 152,845,630 shares[114]. - The maximum entitlement for each participant under the new scheme is capped at 1% of the total issued shares within a 12-month period[115]. - The vesting period for options granted under the new scheme ranges from 12 to 36 months, with a minimum holding period of 12 months before exercise[121]. - The maximum number of shares that may be issued under the new share option scheme is capped at 10% of the issued shares as of the adoption date, totaling 152,845,630 shares[139]. - The exercise price for options granted under the new scheme will be determined by the Board and must be at least the higher of the closing price on the offer date or the average closing price over the preceding five business days[144]. - The amount payable by the grantee upon acceptance of the option offer is HK$1.00[146]. - The share option scheme aims to reward eligible participants for their contributions to the company's growth[168]. Corporate Governance and Compliance - The board consists of ten directors, including four executive directors, two non-executive directors, and four independent non-executive directors as of March 31, 2023[192]. - The company has received annual confirmations of independence from each independent non-executive director, considering them independent under Rule 5.09 of the GEM Listing Rules[196]. - The company has complied with the GEM Listing Rules regarding the appointment of at least three independent non-executive directors throughout the year[200]. - The company has maintained good corporate governance practices based on the principles set out in the Corporate Governance Code[188]. - The board is responsible for promoting the success of the company and overseeing its business and affairs[198]. Risks and External Factors - The company has faced various financial risks, which are disclosed in note 6 of the consolidated financial statements[27]. - The Group's operations are influenced by external factors such as inflation, rising interest rates, and geopolitical tensions, but the Chinese economy showed resilience with a GDP growth of 3.0% in 2022[72]. Charitable Contributions and Dividends - The Group had no charitable donations for the year ended 31 March 2023[36]. - The Group did not recommend any dividend for the year ended 31 March 2023, consistent with the previous year[63]. - The company did not make any charitable donations during the year ended March 31, 2023[171]. Director Interests and Transactions - As of March 31, 2023, no Directors or chief executives had any interests or short positions in shares or debentures that required disclosure under the SFO[133]. - No substantial shareholders or other persons had interests or short positions in shares that required disclosure under the SFO as of March 31, 2023[134]. - None of the Directors, controlling shareholders, or substantial shareholders engaged in any business that competes with the Group during the year ended March 31, 2023[135]. - No material interests were disclosed by Directors in any significant transactions or contracts related to the Group's business during the year[152]. Auditor and Insurance - The company appointed Mazars CPA Limited as the auditor on May 10, 2022, following the resignation of Elite Partners CPA Limited[185]. - The company has arranged for appropriate Directors and Officers liability insurance coverage to indemnify the Directors and Officers for their liabilities[197]. Miscellaneous - The company has no distributable reserve as of March 31, 2023, as required by the Companies Act of Bermuda[65]. - The company has no reserves available for distribution as of March 31, 2023, according to Bermuda company law[170]. - The company maintained the prescribed public float under the GEM Listing Rules as of the latest practicable date prior to the report issuance[184]. - There were no material events occurring after the reporting period up to the date of the annual report[184]. - No purchases, redemptions, or sales of the company's listed securities occurred during the year ended March 31, 2023[167]. - The options granted to the grantees will vest on February 16, 2024, with no performance targets or clawback mechanisms attached[179]. - The company continues to innovate and improve products by leveraging partnerships for new technologies and expertise[101]. - The company is focused on improving product quality and customer satisfaction, establishing strategic partnerships to expand market coverage and access new technologies[101]. - The company aims to motivate participants to optimize performance and maintain long-term relationships aligned with business objectives through the new share option scheme[111].

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 之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就 本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 JIADING INTERNATIONAL GROUP HOLDINGS LIMITED 嘉 鼎 國 際 集 團 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） 08153 （股份代號： ） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 嘉鼎國際集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公 司及其附屬公司於截至二零二三年三月三十一日止年度的經審核綜合業績。 本公告載有本公司二零二三年年報全文，符合香港聯合交易所有限公司GEM GEM 證券上市規則（「 上市規則」）有關年度業績初步公告所附資料的相關規定。 承董事會命 嘉鼎國際集團控股有限公司 主席 牟忠緯 香港，二零二三年六月三十日 於本公告日期，執行董事為牟忠緯先生、廖靜雯女士、李光營先生及蔡穎女士； 非執行董事為王棟梅女士及劉英女士；及獨立非執行董事為羅輯 ...

Financial Performance - The Group recorded a loss of approximately HK$17.6 million for the period, a significant increase of 482.6% compared to a gain of approximately HK$4.6 million for the same period ended 31 December 2021, primarily due to increased finance and administrative costs [7][18]. - Revenue from advertising services decreased to approximately HK$58.2 million, down about 4.4% from HK$60.9 million in the same period last year, with no revenue generated from the sale of new energy electric vehicles during the review period [8][22]. - The Group's advertising revenue was negatively impacted by conservative marketing approaches from advertisers due to the COVID-19 pandemic and economic conditions [33]. - For the nine months ended 31 December 2022, the Group recorded a revenue decrease to approximately HK$58.2 million, representing a decline of about 4.4% compared to HK$60.9 million for the same period last year, primarily due to the advertising services business [29]. - Gross profit for the nine months ended December 31, 2022, was HK$9,397,000, compared to HK$23,514,000 in the same period of 2021, indicating a significant decline [142]. - The loss before income tax for the nine months ended December 31, 2022, was HK$17,570,000, compared to a profit of HK$4,628,000 in the same period of 2021 [142]. - The total comprehensive expense attributable to owners of the Company for the nine months ended December 31, 2022, was HK$21,689,000, compared to a profit of HK$4,979,000 in the same period of 2021 [142]. Administrative and Finance Costs - Administrative expenses increased substantially by approximately 100.9% to approximately HK$24.5 million, attributed to higher staff costs and expenses related to the acquisitions of Beijing Creative and Weishi New Energy [23]. - The Group's finance costs rose by approximately 76.9% to approximately HK$2.5 million, driven by an increase in borrowings from approximately HK$13.0 million as of 31 March 2022 to approximately HK$23.3 million as of 31 December 2022 [25]. - The increase in staff salaries and emoluments was approximately 13.5%, rising to approximately HK$5.9 million compared to HK$5.2 million for the nine months ended 31 December 2021 [23]. - The administrative expenses for the nine months ended December 31, 2022, were HK$24,504,000, compared to HK$12,195,000 in the same period of 2021, reflecting an increase [142]. Strategic Acquisitions and Business Focus - The strategic acquisition of a 51% stake in Beijing Creative in March 2022 aims to expand the Group's advertising business platform in Hong Kong and China, although market conditions have been challenging [18]. - The Group successfully acquired Hainan Weishi New Energy Technology Company Limited, focusing on the development of super fast-charging batteries, which aligns with the Group's strategy to shift towards renewable energy technology [21]. - The Group's strategic focus has shifted towards renewable energy technology, particularly through the acquisition of Weishi New Energy, which specializes in super-fast charging batteries [36]. - The Group is critically reviewing its new energy electric vehicle business model and is exploring new opportunities for developing auxiliary products and related renewable energy batteries [22]. Fundraising and Financial Management - On 28 December 2022, the Company proposed a rights issue to raise gross proceeds of up to approximately HK$51 million by issuing 509,485,435 rights shares at a subscription price of HK$0.10 per share [45]. - The maximum net proceeds from the Rights Issue are estimated to be approximately HK$48.5 million, with an estimated net subscription price per Rights Share of approximately HK$0.095 [63]. - Approximately 47% (or approximately HK$23 million) of the net proceeds will be used for debt repayment, 41% (or approximately HK$20 million) for the expansion and R&D of new battery technology, and 12% (or approximately HK$5.5 million) for general working capital [63]. - The actual net proceeds raised from the placing of 169,828,478 shares on 21 October 2022 was approximately HK$26 million, with specific allocations for debt repayment and working capital [54]. - As of 31 December 2022, the Group utilized HK$5.8 million for debt repayment and HK$19.8 million for general working capital from the net proceeds raised [54]. Market Conditions and Future Outlook - Following the relaxation of COVID-19 restrictions, the business environment in both the PRC and Hong Kong is expected to improve significantly in the second half of 2023 [70]. - The Group plans to enhance its marketing and advertising solutions to retain clientele in the PRC and Hong Kong as the advertising markets improve [71]. - The Group will cautiously assess market conditions for its new energy vehicle business and review its overall strategy for future contributions [71]. Corporate Governance and Compliance - The Audit Committee reviewed the unaudited third quarterly results for the nine months ended December 31, 2022, and confirmed compliance with applicable accounting standards and GEM Listing Rules [109][112]. - The Company has complied with all code provisions of the Corporate Governance Code, except for the requirement of providing at least 14 days' notice for regular board meetings due to practical reasons [121]. - The Company continued to adopt a code of conduct regarding Directors' securities transactions, which complies with the standards set out in GEM Listing Rules [122][125]. - The Company has no insurance cover for legal actions against Directors, as the Board believes the risk of litigation is relatively low [107]. Share Capital and Equity - The Company issued 169,828,478 new shares at a price of HK$0.16 per share on October 21, 2022 [132]. - The share consolidation was approved, with every 10 shares consolidated into 1 share effective from October 5, 2022 [160]. - As of December 31, 2022, the Group had approximately 35 employees, primarily located in the PRC and Hong Kong [175]. - As at 31 December 2022, a maximum of 71,414,239 shares, representing approximately 7% of the existing issued shares, are available for issuance [177].

Financial Performance - The Group's revenue from advertising services decreased to approximately HK$58.2 million, down 4.4% from HK$60.9 million in the same period last year[10]. - The Group recorded a loss of approximately HK$17.6 million for the period, a significant increase of 482.6% compared to a gain of approximately HK$4.6 million for the same period ended 31 December 2021[17]. - The gross profit margin for advertising services dropped from approximately 38.6% to about 22.4% due to reduced marketing activities and rising production costs[20]. - The Group recorded a revenue decrease of approximately HK$58.2 million for the nine months ended 31 December 2022, representing a decline of approximately 4.4% compared to HK$60.9 million for the same period last year[42]. - The Group's gross profit margin for advertising services dropped to approximately 22.4%, down from approximately 38.6% during the corresponding period last year[44]. - The loss before income tax for the nine months ended 31 December 2022 was HK$17,570,000, compared to a profit of HK$4,628,000 in the same period of 2021[147]. - The total comprehensive expense attributable to owners of the company for the period was HK$10,206,000, a decrease from a comprehensive income of HK$3,318,000 in the previous year[147]. - The company reported a basic and diluted loss per share of HK$1.3 for the nine months ended 31 December 2022, compared to earnings of HK$0.4 in the same period of 2021[147]. - The Group reported a loss of HKD 17.57 million for the nine months ended December 31, 2022, with total comprehensive expenses for the period amounting to HKD 21.69 million[125]. Strategic Initiatives - The Group successfully acquired Hainan Weishi New Energy Technology Co., Ltd., which focuses on developing super-fast charging batteries, aligning with the Group's strategic shift towards renewable energy technology[24]. - The Group is consolidating its operations in the electric vehicle segment and exploring new business opportunities in renewable energy batteries[22]. - The board believes that the expansion and R&D of the new battery technology business will further increase the business scale and generate greater returns for shareholders[59][61]. - The company has successfully acquired Hainan Weishi New Energy Technology Co., Ltd. for HK$1.6 million, aiming to expand its renewable energy project portfolio[74]. - The Company terminated the acquisition agreement for a 12.005% equity interest in Guangxi Huaao Automobile Manufacturing Co. Ltd. on November 10, 2022, with a consideration of RMB100 million[77]. - The acquisition never materialized, and no payment was made by the Company under the agreement, which would have constituted a major transaction under GEM Listing Rules[78]. - The acquisition agreement for a 7.0% equity interest in Guangxi Huaao was terminated on August 31, 2022, due to unmet conditions[96]. Cost Management - Administrative and finance costs significantly increased during the period, contributing to the overall loss[17]. - Administrative expenses increased by approximately 100.9% to approximately HK$24.5 million, primarily due to increased staff costs and expenses related to acquisitions[50]. - Finance costs rose by approximately 76.9% to approximately HK$2.5 million, attributed to increased borrowings from approximately HK$13.0 million to approximately HK$23.3 million[52]. - The Group is closely monitoring market conditions and has implemented strategic plans to control operational costs while maintaining service quality[12]. - The company plans to continue developing cost-effective marketing solutions in the advertising business segment to retain clients in both the PRC and Hong Kong[68][69]. Fundraising Activities - The Group plans to raise gross proceeds of up to approximately HK$51 million through a rights issue, offering one rights share for every two existing shares at a subscription price of HK$0.10 per rights share[30]. - The maximum net proceeds from the Rights Issue are estimated to be approximately HK$48.5 million, with a net subscription price per Rights Share of approximately HK$0.095[32]. - Approximately 47% (or approximately HK$23 million) of the net proceeds will be used for debt repayment, 41% (or approximately HK$20 million) for the expansion and R&D of new battery technology, and 12% (or approximately HK$5.5 million) for general working capital[32]. - The rights issue received valid acceptances for 281,026,670 shares, representing approximately 55.16% of the total number of rights shares offered[60]. - The remaining unsubscribed Rights Shares represent approximately 44.84% of the total number of Rights Shares offered under the Rights Issue[36]. - The actual net proceeds raised from the placing of 169,828,478 shares on October 21, 2022, was approximately HK$26 million[91]. Market Outlook - The business environment is expected to improve in the second half of 2023 due to the easing of COVID-19 restrictions in China and Hong Kong[40]. - Following the relaxation of COVID-19 restrictions, the business outlook for the PRC and Hong Kong is expected to improve in the second half of 2023[93]. Corporate Governance - The Board confirmed compliance with all code provisions of the Corporate Governance Code, except for the requirement of providing 14 days' notice for regular board meetings[113]. - The Audit Committee reviewed the unaudited third quarterly results and confirmed compliance with applicable accounting standards and GEM Listing Rules[120]. - The Group's financial reporting system, risk management, and internal control systems were reviewed and found adequate by the Audit Committee[116]. - The audit committee consists of three independent non-executive directors, ensuring oversight and governance of financial reporting[142]. Employee Information - As of December 31, 2022, the Group had approximately 35 employees, with total staff costs amounting to approximately HK$3.2 million, down from HK$5.4 million for the nine months ended December 31, 2021[81]. - The Group's employee compensation policy is linked to individual performance and is regularly reviewed based on prevailing salary trends in the regions of operation[106]. - Employee benefit expenses for the three months ended December 31, 2022, were HK$1,693,000, down from HK$2,278,000 in the same period of 2021[163]. Taxation - The group has not provided for Hong Kong Profit Tax for the nine months ended December 31, 2022, as its subsidiaries incurred losses for taxation purposes[165]. - The company’s PRC subsidiaries incurred losses for taxation purposes, resulting in no provision for PRC Enterprise Income Tax for the nine months ended December 31, 2022[187]. - The company’s entities in Hong Kong are subject to a two-tiered profits tax rates regime, with the first HK$2 million taxed at 8.25%[186].

s F A R N O V A FARNOVA GROUP HOLDINGS LIMITED 法 諾 集 團 控 股 有 限 公 司 (incorporated in Bermuda with limited liability) ( 於 百慕達赴冊成立之有限公司 ) Stock Code 股份代號：8153 2022 INTERIM REPORT 中 期 報 告 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the pot ...

Financial Performance - For the three months ended June 30, 2022, the Group's revenue was approximately HK$19.4 million, a decrease of 9.6% compared to HK$17.7 million in the preceding period[10]. - The Group recorded a loss of approximately HK$3.7 million for the period, compared to a profit of approximately HK$0.2 million in the preceding period[11]. - Revenue for the three months ended June 30, 2022, was HK$19,376,000, representing an increase of 9.6% compared to HK$17,692,000 in the same period of 2021[74]. - The company reported a loss for the period of HK$3,665,000, compared to a profit of HK$242,000 in the previous year[74]. - Total comprehensive income for the period was a loss of HK$1,072,000, compared to a total comprehensive income of HK$242,000 in 2021[74]. - Basic and diluted loss per share attributable to owners of the Company was HK$0.0483, compared to HK$0.0033 in the same period of 2021[77]. - The Group's administrative expenses increased by approximately 41.1% to approximately HK$7.9 million, compared to approximately HK$5.6 million for the same period last year[27]. - Administrative expenses increased to HK$7,854,000 from HK$5,586,000 in the previous year, reflecting a rise of 40.7%[74]. - Finance costs decreased by approximately 20.0% to approximately HK$337,000, down from approximately HK$421,000 in the previous year[31]. - The total finance costs for the three months ended June 30, 2022, were HK$175,000, a decrease from HK$391,000 in the same period of 2021, representing a reduction of approximately 55.2%[98]. Advertising Services - The advertising services business generated revenue of approximately HK$19.4 million, an increase of approximately 9.6% from the preceding period, primarily due to the acquisition of 51% equity in Beijing Creative[12]. - Beijing Creative contributed approximately HK$1.4 million in revenue during the period and secured new marketing contracts that will enhance future revenue streams[19]. - The Group has successfully entered the advertising services market in the PRC following the acquisition of Beijing Creative in March 2022[39]. - The company reported advertising service income of HK$19,376,000 for the three months ended June 30, 2022, an increase of 9.6% compared to HK$17,692,000 for the same period in 2021[94]. New Energy Vehicles - The Group has signed agreements for the sale of over 5,000 units of new energy vehicles, although no delivery schedules were fixed during the period[21]. - The Group aims to expand its product line and market share in the new energy vehicle sector through collaborations and acquisitions[28]. - The new energy vehicle industry is expected to continue its positive growth trajectory, supported by national policies in the PRC[20]. - The Group successfully developed and released the second generation of Farnova Othello, an electric supercar, receiving positive feedback in both domestic and overseas markets[25]. - The Group anticipates a recovery in the new energy vehicle market and its advertising services segment as macroeconomic conditions improve[38]. - The Group entered into a strategic cooperation framework agreement with Yinchuan Hexin Technology Co., Ltd. to jointly invest resources in the development of new energy batteries[114]. Staffing and Expenses - Staff salaries and emoluments rose by approximately 47.1% to approximately HK$2.5 million, up from approximately HK$1.7 million in the previous year[27]. - As of June 30, 2022, the Group had about 55 employees, with total staff costs amounting to approximately HK$2.5 million[41]. - Employee benefit expenses, including directors' remuneration, amounted to HK$2,512,000 for the three months ended June 30, 2022, compared to HK$1,737,000 in 2021, reflecting an increase of 44.5%[99]. Corporate Governance - The company has complied with all corporate governance code provisions except for the requirement of 14 days' notice for board meetings, which was not always feasible[59]. - The Audit Committee reviewed the unaudited first quarterly report and confirmed compliance with applicable accounting standards and GEM Listing Rules[69]. - The financial statements were prepared on a historical cost basis, except for certain financial instruments measured at fair values[91]. - The financial statements for the three months ended June 30, 2022, were reviewed by the Audit Committee and approved for issue by the Board[88]. Shareholder Information - As of June 30, 2022, Mr. Guo Gelin holds 428,065,752 shares, representing approximately 3.72% of the company's total shares[48]. - Mr. Wang Hanjing holds 74,055,000 shares, which is about 0.87% of the total shares[48]. - The share option scheme allows for the issuance of 490,239,192 shares, but no options have been granted under this scheme as of the report date[54]. - The share option scheme was adopted on March 27, 2020, and will remain in force for 10 years[53]. - No substantial shareholders, other than directors, had interests or short positions in the shares that required disclosure as of June 30, 2022[52]. - The company has not granted any rights to acquire shares or debentures to directors or their family members during the reporting period[51]. - There were no competing interests reported among directors or management shareholders during the three months ended June 30, 2022[61]. Other Financial Information - The company incurred a current tax expense of HK$234,000 for the three months ended June 30, 2022, with no PRC Enterprise Income Tax provided for the same period[102]. - The company has not early adopted any new HKFRSs that have been issued but are not yet effective as of the reporting date[89]. - The unaudited condensed consolidated financial statements are presented in Hong Kong dollars (HK$) and rounded to the nearest thousands (HK$'000)[88]. - The company’s registered office is located in Bermuda, and its principal place of business is in Hong Kong[1]. - The Board does not recommend the payment of a dividend for the three months ended June 30, 2022, consistent with no dividend in 2021[110]. - On July 21, 2022, the company signed a loan agreement for RMB30,000,000 at a fixed interest rate of 6%, repayable within one year[114].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就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。 FARNOVA GROUP HOLDINGS LIMITED 法諾集團控股有限公司 （於百慕達註冊成立之有限公司） （股份編號：8153） 截至二零二二年三月三十一日止年度之 未經審核年度業績公告 本公告乃由法諾集團控股有限公司（「本公司」）及其附屬公司（「本集團」）根據香港聯 合交易所有限公司GEM證券上市規則（「GEM上市規則」）第17.10條及香港法例第571章 證券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）作出。本公司謹此 公佈截至二零二二年三月三十一日止年度之未經審核初步財務資料（「二零二二年未 經審核初步財務資料」）。由於本公告「刊發二零二二年未經審核年度業績」一段所述 原因，本集團截至二零二二年三月三十一日止年度的年度業績審核程序尚未完成。 本公告所載二零二二年未經審核初步財務資料已經審核委員會審閱批准。 – 1 – 未經審核綜合損益及其他全面收益表 截至二零二二年三月三十一日 ...

Revenue and Profitability - The Group's revenue for the nine months ended December 31, 2021, increased to approximately HK$60.9 million, representing a growth of approximately 62.4% compared to the same period last year, driven solely by its advertising services business[9]. - The gross profit margin for the advertising services improved to approximately 38.6%, up from approximately 24.7% during the corresponding period last year[12]. - Gross profit for the nine months ended December 31, 2021, was HK$23,514, compared to HK$9,251 in the same period of 2020, indicating a significant increase[101]. - The total comprehensive income for the period attributable to owners of the Company was HK$3,318 for the three months ended December 31, 2021, compared to HK$5,218 in the same period of 2020[103]. - The total comprehensive income for the period was HK$4,979,000, compared to HK$4,628,000 in the previous period, indicating an increase of approximately 7.6%[110]. Advertising Services - The Group improved its value-added services by offering annual advertising solutions across various media platforms, successfully retaining existing clients and expanding its client base[16]. - The Group expects to continue its successful strategies in providing advertising services in Hong Kong and the PRC[55]. - For the three months ended December 31, 2021, advertising service income was HK$21,300,000, a decrease from HK$26,412,000 in the same period of 2020, representing a decline of approximately 19.9%[123]. - For the nine months ended December 31, 2021, advertising service income totaled HK$60,900,000, an increase from HK$37,512,000 in the same period of 2020, representing a growth of approximately 62.2%[123]. New Energy Electric Vehicles - No revenue was recorded from the sales of new energy electric vehicles during the Period, as deliveries were not scheduled[21]. - The Group is focusing on developing its own production capacity for new energy electric vehicles to enhance revenue and profitability while reducing reliance on third-party manufacturers[21]. - The second generation of the Farnova Othello electric supercar has been developed, receiving favorable reviews in both the PRC and overseas markets[21]. - The Group is conducting due diligence for a potential acquisition of a majority interest in a renowned Italian automotive manufacturer specializing in new energy electric vehicles, which could enhance overseas market reach and technical capabilities[26]. - The Group aims to capitalize on emerging technologies in the new energy vehicle sector through strategic partnerships and investments in related fields[37]. Strategic Partnerships and Acquisitions - The Group entered into an agreement to acquire 51% of Beijing Creative Communication International Culture Media Co., Ltd., enhancing its client base in the PRC and diversifying its clientele[17]. - A strategic cooperation agreement was signed with the People's Government of Kundulun District to co-invest in the development of a new energy R&D facility and manufacturing plants for lightweight new energy vehicles[23]. - A memorandum of understanding was established with Guizhou Hankais Intelligent Technology Company for strategic cooperation on the procurement of modular autonomous chassis for self-driving electric vehicles[27]. - The Group acquired a 7.0% equity interest in Guangxi Huaao Automobile Manufacturing Co. Ltd., aiming to leverage its strengths in new energy commercial vehicle R&D and manufacturing[28]. - A cooperation framework agreement was signed with Corun Chs Technology Co., Ltd. to form a joint venture focused on R&D, design, and production of energy-saving and new energy vehicles[31]. Operational Efficiency and Team Expansion - The Group expanded its sales and marketing team, hiring additional employees with extensive experience in advertisement design and planning, contributing to the revenue growth[11]. - The Group's operating efficiency improved due to the establishment of an in-house production team, which helped manage and reduce production costs[15]. - The Group intends to further develop its in-house production team to streamline production and reduce costs[53]. - The Group plans to develop its own production facilities and cooperate with leading market players to streamline production and reduce reliance on third-party manufacturers for new energy electric vehicles[57]. - The Group appointed experienced professionals in the electric vehicle industry to enhance its capabilities, including Mr. Zhang Jian Hua as Technical Director and Mr. Chen Jianxiong as Production Director[32]. Financial Performance and Expenses - The Group's administrative expenses increased by approximately 75.9% to approximately HK$12.2 million due to hiring additional personnel for the expansion of its advertising and new energy electric vehicle business[40]. - Finance costs decreased by approximately 72.2% to approximately HK$1.4 million, primarily due to the reduction in interest on convertible bonds which were fully converted into shares[42]. - Employee benefit expenses for the three months ended December 31, 2021, amounted to HK$2,278,000, an increase of 68.3% from HK$1,353,000 in the same period of 2020[132]. - Administrative expenses for the nine months ended December 31, 2021, totaled HK$12,195, compared to HK$6,935 in the same period of 2020, reflecting an increase of 76.5%[101]. Corporate Governance and Compliance - The Board believes the Company has complied with all corporate governance code provisions, except for the notice period for board meetings[88]. - The Company has adopted a code of conduct regarding Director's securities transactions, which has been complied with by all Directors during the review period[89]. - The Group's financial reporting system, risk management, and internal control system are under the oversight of the Audit Committee[93]. - The unaudited financial statements have been reviewed by the company's audit committee, ensuring oversight and accuracy in reporting[120]. Market Outlook - By 2025, it is expected that 20% of all vehicles sold in China will be new energy electric vehicles, increasing to 40% by 2030, indicating a growing market demand[54]. - The Group intends to enhance its research and development capabilities to capitalize on emerging technologies applicable to new energy electric vehicles[59]. - The Group will focus on localized marketing and advertising solutions to adapt to changing market sentiments post-COVID-19[47].