Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 截至二零二三年九月三十日止九個月之 第三季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周 詳之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買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 本公佈乃遵照聯交所GEM證券上市規則之規定而刊載，旨在提供有關Lajin Entertainment Network Group Limited（拉近網娛集團有限公 ...

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佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 董事會會議日期 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司*（「本公司」）董事（「 董事」）會（「董事會」）謹此宣佈，董事會將於二零二三年十一月十四日（星期二）舉行 會議，以（其中包括）省覽及通過本公司及其附屬公司截至二零二三年九月三十日止九個月 之未經審核簡明綜合業績。 承董事會命 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司 * 執行董事 梁偉信 香港，二零二三年十一月一日 於本公佈日期，執行董事為 Colin Xu 先生及梁偉信先生；非執行董事為鄒曉春先生、周亞飛先生 及李雪松先生；以及獨立非執行董 ...

Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 9,501,000, a significant increase of 215% compared to HKD 3,009,000 for the same period in 2022[4] - The gross profit for the six months ended June 30, 2023, was HKD 9,202,000, compared to a gross profit of HKD 398,000 for the same period in 2022, indicating a substantial improvement[4] - Total revenue for the six months ended June 30, 2023, was HKD 12,845,000, compared to HKD 6,464,000 for the same period in 2022, representing a 98.5% increase[22] - The company reported a total of HKD 12,845,000 in revenue from external customers for the six months ended June 30, 2023, compared to HKD 6,464,000 in 2022, indicating a growth of 98.5%[24] - Revenue from the film, television, and online content segment was approximately HKD 12,493,000, a substantial increase from HKD 1,500,000 in the previous year[47] Loss and Expenses - The company incurred a loss before tax of HKD 6,842,000 for the six months ended June 30, 2023, a reduction from a loss of HKD 26,800,000 in the same period of the previous year[4] - Total comprehensive loss for the six months ended June 30, 2023, was HKD 12,230,000, compared to HKD 36,276,000 for the same period in 2022, reflecting a decrease in losses[6] - The company reported a basic and diluted loss per share of HKD 0.12 for the six months ended June 30, 2023, compared to HKD 0.57 for the same period in 2022[6] - The company incurred a net loss attributable to equity holders of the parent of HKD 5,177,000 for the six months ended June 30, 2023, compared to a loss of HKD 23,864,000 for the same period in 2022, showing a reduction of 78.4%[30] - Administrative expenses decreased significantly from approximately HKD 26,777,000 to HKD 15,331,000, mainly due to a reduction in new media operations and staff costs[45] Assets and Liabilities - As of June 30, 2023, the company's total assets amounted to HKD 207,199,000, down from HKD 224,506,000 as of December 31, 2022[9] - The company's current liabilities decreased to HKD 65,352,000 as of June 30, 2023, from HKD 70,429,000 at the end of 2022, indicating improved liquidity management[9] - The net asset value as of June 30, 2023, was HKD 141,847,000, compared to HKD 154,077,000 at the end of the previous year, showing a decline in equity[9] - The company's total liabilities as of June 30, 2023, were HKD 1,022,131,000, reflecting a significant financial position[11] Cash Flow - The company reported a net cash flow used in operating activities of HKD (1,529,000) for the six months ended June 30, 2023, an improvement from HKD (7,799,000) in the same period of 2022[12] - The company reported a net cash outflow from investing activities of HKD (10,000) for the six months ended June 30, 2023, compared to HKD (623,000) in the same period of 2022[12] - The company's cash and cash equivalents as of June 30, 2023, were HKD 30,202,000, slightly down from HKD 31,938,000 at the end of 2022[9] - The company's cash and cash equivalents at the beginning of the reporting period were HKD 29,516,000, down from HKD 48,272,000 at the beginning of the previous year[12] Market Strategy and Future Plans - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[3] - The group has adjusted its distribution strategy in response to changes in video platform revenue-sharing rules, focusing on overseas and new media pre-sales to maximize revenue[58] - The group is actively promoting the distribution of films suitable for rural markets, planning to expand to over 300 rural cinemas across 32 provinces and regions in China[58] - The group aims to leverage its IP resources, such as "Tibetan Code" and "Legend of the Galactic Heroes," to explore a "rights + cooperation" development route, minimizing costs while maximizing project development and monetization[59] Corporate Governance - The company has maintained compliance with corporate governance codes, except for specific provisions regarding the separation of roles between the chairman and CEO[94] - The audit committee, consisting of three members, reviewed the interim report and financial statements for the six months ending June 30, 2023[101] - The company emphasizes transparency and accountability through strict corporate governance practices[94] Shareholder Information - Major shareholders include Lajin Group Limited with 1,982,561,725 shares, representing 47.10% of the issued share capital[87] - CITIC Group holds 459,934,954 shares, accounting for 10.93% of the issued share capital[87] - First Charm Investments Limited, owned by Gao Zhenshun, has 311,545,414 shares, which is 7.40% of the issued share capital[87]

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佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 董事會會議日期 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司*（「本公司」）董事（「 董事」）會（「董事會」）謹此宣佈，董事會將於二零二三年八月十四日（星期一）舉行會 議，以（其中包括）省覽及通過本公司及其附屬公司截至二零二三年六月三十日止六個月之 未經審核簡明綜合中期業績。 承董事會命 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司 * 執行董事 梁偉信 香港，二零二三年八月一日 ...

Financial Performance - The company reported revenue of HKD 3,344,000 for Q1 2023, a decrease of 3.2% compared to HKD 3,455,000 in Q1 2022[4] - Gross profit for the quarter was HKD 1,710,000, down 19.2% from HKD 2,117,000 in the same period last year[4] - The company incurred a loss before tax of HKD 6,669,000, an improvement of 42.5% compared to a loss of HKD 11,481,000 in Q1 2022[4] - Total comprehensive loss for the period was HKD 5,385,000, which is a 44.5% reduction from HKD 9,695,000 in the previous year[7] - The basic and diluted loss per share was HKD 0.13, compared to HKD 0.24 in Q1 2022[7] - The loss attributable to equity holders of the parent for the period was approximately HKD 5,633,000, down from HKD 10,094,000 in 2022, reflecting a reduction in administrative expenses[29] - The company reported a pre-tax loss of HKD 6,669,000 for the three months ended March 31, 2023, compared to a loss of HKD 11,481,000 in the previous year[21] Revenue Breakdown - Revenue from the new media business was HKD 119,000, a significant drop from HKD 2,749,000 in the previous year[18] - Revenue from television and online programs was HKD 2,778,000, compared to HKD 344,000 in the same period last year[30] - Revenue from the artist management segment was approximately HKD 114,000 in Q1 2023, compared to HKD 108,000 in 2022, reflecting a slight increase[32] - Revenue from the new media business segment was approximately HKD 119,000 in Q1 2023, a significant decrease from HKD 2,749,000 in 2022[33] - The group generated revenue of HKD 4,800,000 from one online movie and HKD 3,400,000 from remaining box office shares in Q1 2023, indicating a challenging market environment[36] Cost Management - Administrative expenses decreased significantly to HKD 7,811,000 from HKD 13,529,000, reflecting cost control measures[4] - Administrative expenses decreased significantly from approximately HKD 13,529,000 to HKD 7,811,000, mainly due to reduced employee costs resulting from a decrease in e-commerce operations[29] - The cost of sales increased to approximately HKD 1,634,000, up from HKD 1,338,000 in the previous year, primarily due to increased costs in the film, television, and online content segments[29] Strategic Focus and Future Outlook - The company is focusing on expanding its artist management and media content divisions to drive future growth[13] - The management is optimistic about future performance, aiming to leverage new media strategies for market expansion[13] - The group is actively exploring new business growth paths by leveraging quality film and television IPs and integrating digital copyright technology[39] - The company is leveraging blockchain technology to protect copyright for short video content through the Amber APP, which is now available on major app stores[51] - The Amber APP has introduced a "premium content subscription service" aimed at connecting creators directly with fans, enhancing content monetization[53] - The company is focusing on diversifying and developing sustainable business models to maximize returns for shareholders[53] Corporate Governance - The company emphasized adherence to corporate governance principles, enhancing accountability and transparency to boost shareholder confidence[66] - The company has maintained compliance with the corporate governance code, except for specific provisions regarding the separation of roles between the chairman and CEO[66] - The company has a structured approach to the appointment and re-election of non-executive directors, ensuring compliance with governance standards[69] - The audit committee reviewed the first quarter report and performance for the three months ended March 31, 2023, prior to submission to the board for approval[73] Shareholder Information - The company has issued a total of 4,209,131,046 ordinary shares as of the report date[55] - Major shareholder, Jiahua Group Limited, holds 1,982,561,725 shares, representing 47.10% of the issued share capital[60] - The average number of shares issued during the period was 4,209,131,000, with basic loss per share attributable to equity holders of the parent calculated at approximately HKD 0.00134[24] Market Environment - The group recorded total revenue of HKD 31,600,000 for the year ended December 31, 2021, but faced a substantial decline in revenue due to the ongoing impacts of the COVID-19 pandemic and changes in streaming platform revenue-sharing policies[34] - The number of new online movies released decreased from 769 in 2020 to 551 in 2021, and further down to 388 in 2022, highlighting a cautious investment atmosphere in the industry[37] - Three reserve projects have completed production and are scheduled for release in 2023, with one project expected to launch in Q3 2023[39] - The group is advancing its distribution strategy by promoting domestic films to international markets, achieving multiple overseas copyright transactions[42] - The box office for the jointly produced film "Hachi: A Dog's Tale" exceeded RMB 285 million as of the report date, indicating a recovery in the cinema market[43] Other Information - The company did not declare any dividends for the three months ended March 31, 2023, consistent with the previous year[28] - The company incurred a tax expense of HKD 3,000 for taxable profits earned in China, with a tax rate of 25%[23] - The company has initiated a "Searching for Chinese Root Music Project" to establish a repository of high-quality root music copyrights, although the project is currently on hold due to pandemic restrictions[48] - The new media e-commerce business has not stabilized due to high costs and competition, leading the company to explore other opportunities in the digital technology and cultural arts market[50] - The company is exploring synergies between its film and television IP and digital rights to create new growth points[50] - The company is in the process of identifying suitable candidates to fill the vacant positions of chairman and CEO[67] - There were no interests held by directors or major shareholders in any competing businesses as of March 31, 2023[63] - As of March 31, 2023, there were no interests or short positions held by directors or senior management in the company's shares or related securities[62] - The company has adopted a code of conduct for securities trading that meets or exceeds the standards set by GEM listing rules[71] - The company has not disclosed any new product developments or market expansion strategies in the current report[65]

Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 截至二零二三年三月三十一日止三個月之 第一季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周 詳之考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 本公佈之資料乃遵照聯交所GEM證券上市規則之規定而刊載，旨在提供有關拉近網娛集 團有限公司（「本公司」）之資料；本公司各董事（「董事」）願就本公佈之資料共同及個別 ...

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佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 董事會會議日期 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司*（「本公司」）董事（「 董事」）會（「董事會」）謹此宣佈，董事會將於二零二三年五月十五日（星期一）舉行會 議，以（其中包括）省覽及通過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 之未經審核簡明綜合業績。 承董事會命 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司 * 執行董事 梁偉信 香港，二零二三年四月二十八日 ...

Financial Performance - The total revenue for the group for the year ended December 31, 2022, was approximately HKD 10,533,000, a decrease of 84.6% compared to HKD 68,340,000 in 2021[32]. - Revenue from the film, television, and online content segment was approximately HKD 4,874,000, down from HKD 31,637,000 in the previous year[36]. - Revenue from the new media business was approximately HKD 5,297,000, a decline from HKD 35,223,000 in 2021[38]. - The group reported a loss attributable to equity holders of approximately HKD 94,607,000 for the year, compared to a loss of HKD 131,259,000 in 2021[33]. - The total assets of the group as of December 31, 2022, were approximately HKD 224,506,000, down from HKD 344,864,000 in 2021[40]. - The company reported a significant increase in revenue, achieving a total of $X million for the fiscal year 2022, representing a Y% growth compared to the previous year[72]. - The net loss for the year was HKD 102,693,000, a reduction from HKD 140,133,000 in the previous year, representing a 26.7% improvement[195]. - Total comprehensive loss for 2022 was HKD 120,620,000, compared to HKD 130,072,000 in 2021, indicating a 7.4% decrease[195]. Impairment and Asset Management - As of December 31, 2022, the impairment loss on film rights and in-production films and television programs accounted for 84.9% of the total impairment losses recognized[8]. - The impairment amount for overdue trade receivables was 85.7% of the total impairment losses recognized for trade receivables[9]. - The company recognized impairment losses on films and in-progress television programs totaling HKD 12,348,000, down from HKD 33,496,000 in the previous year, suggesting better asset management[200]. - The impairment assessment process for film copyrights and in-production films and television programs is complex and highly judgmental, based on assumptions regarding future film market and customer demand[179]. - Management's impairment assessment for non-financial assets requires significant judgment, particularly regarding revenue forecasts, operating profit margins, and discount rates[181]. - The company has identified potential impairment of non-financial assets as a key audit matter due to the significant judgments and estimates involved[181]. Business Strategy and Growth Initiatives - The group is actively exploring new business growth paths by integrating quality film and television IP with digital copyright technology[10]. - The group plans to promote domestic films to international markets, covering East Asia, Southeast Asia, South Asia, Europe, and South America, with multiple overseas copyright transactions already achieved[12]. - The group is advancing the distribution of films suitable for rural markets, aiming to cover over 300 rural cinema lines across 32 provinces and regions in China[12]. - The group has upgraded its distribution business to include television station distribution, rural cinema distribution, overseas distribution, and multi-channel distribution[10]. - The group continues to focus on the "investment + promotion + distribution" business model for online films, enhancing marketing and distribution revenue while deepening project involvement[13]. - The group plans to launch a "premium content subscription service" on the Amber APP to enhance creator monetization and user engagement[30]. - The group aims to optimize its investment strategy in the online film market by focusing on cost reduction and quality improvement[27]. Corporate Governance and Compliance - The company is committed to maintaining high standards of corporate governance and business ethics to enhance shareholder value[82]. - The board consists of eight members, including two executive directors and three independent non-executive directors, ensuring a balance between executive and non-executive roles[85]. - The company has complied with the GEM Listing Rules corporate governance code, with some deviations noted, particularly regarding the separation of the roles of chairman and CEO[94]. - The company has established a robust internal control system to enhance accountability and transparency, thereby boosting public confidence[83]. - The board is responsible for overseeing the company's business strategies and performance, including major transactions and financial matters[84]. - The company has engaged an independent professional firm to establish and maintain an effective internal audit function[125]. Market and Operational Insights - The group is closely monitoring platform revenue-sharing rules and market changes to adjust its distribution strategies accordingly[12]. - The company is investing in new technology development, focusing on F, which aims to improve operational efficiency and customer experience[72]. - The company is considering strategic acquisitions to bolster its portfolio, targeting companies with complementary technologies and customer bases[72]. - The company has reported a foreign exchange loss of HKD 15,225,000 in 2022, contrasting with a gain of HKD 10,838,000 in 2021[195]. - The company incurred financing costs of HKD 74,000, a decrease from HKD 105,000 in the previous year, suggesting lower borrowing costs[200]. Employee and Stakeholder Engagement - The company employed 69 staff members as of December 31, 2022, including 66 in China and 3 in Hong Kong[62]. - The company encourages all shareholders to attend annual general meetings or appoint representatives to vote, enhancing shareholder engagement[103]. - The company provided comprehensive training for newly appointed directors to ensure familiarity with their roles and responsibilities[104]. - All directors participated in ongoing professional development, confirming their commitment to enhancing their knowledge and skills relevant to board contributions[105].

Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 截至二零二二年十二月三十一日止年度之 全年業績公佈 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小企提供一個 上市之市場。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳之 考慮後方作出投資決定。 由於GEM上市公司一般為中小企，在GEM買賣之證券可能會較於聯交所主板買賣之證券 承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量。 香港交易及結算所有限公司及聯交所對本公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 本公佈乃遵照聯交所GEM證券上市規則之規定而刊載，旨在提供有關Lajin Entertainment Network Group Limited（拉近網娛集團有限公司）（「本公司」 ...

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佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Lajin Entertainment Network Group Limited 拉 近 網 娛 集 團 有 限 公 司 * （在開曼群島註冊成立及於百慕達存續之有限公司） （股份代號：8172） 董事會會議日期 Lajin Entertainment Network Group Limited 拉近網娛集團有限公司*（「本公司」）董事（「 董事」）會（「董事會」）謹此宣佈，董事會將於二零二三年三月三十一日（星期五）舉行 會議，以（其中包括）省覽及通過本公司及其附屬公司截至二零二二年十二月三十一日止之 經審核全年綜合業績。 承董事會命 Lajin Entertainment Network Group Limited * 拉近網娛集團有限公司 執行董事 梁偉信 香港，二零二三年三月二十一日 ...