股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 超人智能控股有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08176 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,950,000,000 | HKD | | 0.1 | HKD | | 495,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,950,000,000 | HKD | | 0.1 | HKD | | 495,000,000 | | 2. 股 ...

SuperRobotics Holdings Limited 超 人 智 能 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 並 於 百 慕 達 存 續 之 有 限 公 司 ） （股份代號：8176） 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之任何損失承擔任何責任。 誠如該公告所披露，一份載有（其中包括）該交易的進一步詳情的通函（「通函」）預期將於 二零二五年八月一日或之前寄發予股東。由於需要更多時間（其中包括）落實將載入通函 之若干資料，通函的寄發日期將延遲至二零二五年八月二十二日或之前。 承董事會命 超人智能控股有限公司 執行董事兼主席 蘇振輝 香港，二零二五年八月一日 延遲寄發有關 上市證券交易之主要交易之 通函 茲提述超人智能控股有限公司（「本公司」）日期為二零二五年七月十一日之公告（「該公 告」），內容有關（其中包括）該交易。除另有界定者外，本公告所用詞彙與該公告所界定 者具有相同涵義。 於本公告日期，董事會包括兩名執行董事蘇振輝先生（主席） ...

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佈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。 SuperRobotics Holdings Limited 超 人 智 能 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 並 於 百 慕 達 存 續 之 有 限 公 司 ） （股份代號：8176） 更改香港股份過戶登記處 超人智能控股有限公司（「本公司」）董事會宣佈自2025年9月1日起，本公司之香港股份過 戶登記分處將更改為：– 承董事會命 超人智能控股有限公司 主席兼執行董事 蘇振輝先生 香港，2025年7月31日 於本公告日期，董事會包括兩名執行董事蘇振輝先生及馮政先生；一名非執行董事李家 齊女士及三名獨立非執行董事譚比利先生、徐國俊先生及薛瑋先生。 — 1 — 本公告乃遵照GEM上市規則而刊載，旨在提供有關本公司之資料。董事願就本公告之資 料共同及個別地承擔全部責任。董事在作出一切合理查詢後，確認就其所知及所信，本 公告所載資料在各重要方面均屬準確及完備，沒有誤導或欺詐成份，且 ...

[Supplemental Announcement Regarding Annual Results and Trading of Listed Securities](index=1&type=section&id=Supplemental%20Announcement) [Major Transaction and Compliance Issues](index=2&type=section&id=Major%20Transaction%20Regarding%20Trading%20of%20Listed%20Securities) The company addresses a major transaction involving the disposal of listed securities, which violated GEM Listing Rules due to disclosure and shareholder approval failures, necessitating remedial actions including an EGM for ratification - The company's disposal of China Financial Investment Management Limited shares on October 3, 2024, constituted a major transaction under Chapter 19 of the GEM Listing Rules[4](index=4&type=chunk)[18](index=18&type=chunk) - The company failed to comply with GEM Listing Rules' notification, announcement, and shareholder approval requirements at the time of the transaction, constituting a breach[3](index=3&type=chunk)[6](index=6&type=chunk) - To rectify the non-compliance, the company will convene an EGM to seek shareholder ratification of the transaction, with the relevant circular expected to be dispatched by August 1, 2025[4](index=4&type=chunk)[18](index=18&type=chunk) [Transaction Details and Financial Impact](index=2&type=section&id=Transaction%20Details%20and%20Financial%20Impact) This section details the major securities disposal and other trading activities during the year, including the disposal of China Financial Investment Management shares which yielded approximately **HKD 6.5 million** in realized gain, and explains the rationale for investing idle funds [Disposal of China Financial Investment Management Shares](index=2&type=section&id=Disposal%20of%20China%20Financial%20Investment%20Management%20Shares) On October 3, 2024, the company disposed of its shares in China Financial Investment Management Limited for approximately **HKD 6.79 million** to lock in profits from significant share price appreciation, realizing a gain of approximately **HKD 6.5 million**, with net proceeds of approximately **HKD 6.8 million** allocated for general working capital Details of Disposal of China Financial Investment Management Shares | Date | Stock Code | Name of Listed Issuer | Number of Shares | Transaction Type | Consideration (HKD) | | :--- | :--- | :--- | :--- | :--- | :--- | | October 3, 2024 | 605 | China Financial Investment Management Limited | 1,017,000 | Disposal | 6,788,796 | - The transaction was conducted to lock in profits following a significant increase in the target company's share price[13](index=13&type=chunk) Financial Impact of the Transaction | Impact Item | Amount (HKD) | | :--- | :--- | | Increase in financial assets at fair value through profit or loss | 2,600,000 | | Realized gain on fair value change of financial assets | 6,500,000 | | Net proceeds (intended for general working capital) | Approximately 6,800,000 | Key Financial Data of China Financial Investment Management Limited (HKD '000) | | For the year ended December 31, 2023 | For the year ended December 31, 2022 | | :--- | :--- | :--- | | Interest and financing advisory services income | 131,473 | 200,826 | | Loss before tax | (155,473) | (19,191) | | Loss for the year | (157,588) | (48,754) | | Total assets | 2,214,651 | 2,644,407 | | Net assets | 699,944 | 871,062 | [Other Listed Securities Trading](index=6&type=section&id=Other%20Listed%20Securities%20Trading) Beyond the major transaction, the Group engaged in other listed securities trading from 2024 to the announcement date, involving Sound Global Ltd. and Future Development Holdings Ltd., utilizing approximately **HKD 2.26 million** of idle funds for higher returns than bank deposits, with net proceeds of approximately **HKD 1.17 million** for working capital replenishment Details of Other Listed Securities Transactions | Date | Stock Code | Name of Listed Issuer | Number of Shares | Transaction | Consideration (HKD) | | :--- | :--- | :--- | :--- | :--- | :--- | | January 12, 2024 | 8163 | Sound Global Ltd. | 5,100,000 | Acquisition | 1,099,718.76 | | October 22, 2024 | 1259 | Future Development Holdings Ltd. | 15,000,000 | Acquisition | 857,509.45 | | January 13, 2025 | 8163 | Sound Global Ltd. | 5,100,000 | Disposal | 900,150.08 | | April 8, 2025 | 1259 | Future Development Holdings Ltd. | 15,000,000 | Disposal | 269,207.55 | - Despite recording net liabilities at the end of 2023 and 2024, the company held approximately **HKD 12-14 million** in cash, utilizing about **HKD 2.26 million** of idle funds for listed securities investments to generate additional returns and maintain operational liquidity[22](index=22&type=chunk) - Net proceeds from other transactions, approximately **HKD 1.17 million**, are intended for professional fees, staff salaries, and other administrative expenses[21](index=21&type=chunk) [Reasons for Compliance Failure and Remedial Actions](index=3&type=section&id=Reasons%20for%20Compliance%20Failure%20and%20Remedial%20Actions) Compliance failure stemmed from an inadvertent misjudgment by a subsidiary director regarding the transaction's reportable status, leading the company to implement remedial measures including dedicated monitoring teams, enhanced internal approvals, compliance training, and a halt to all listed securities investment activities - The compliance failure occurred because a director of the subsidiary (EDS) intuitively assumed the disposal would not constitute a discloseable transaction due to its low initial acquisition cost, thus failing to report it to the Board[13](index=13&type=chunk) - The company has implemented several remedial measures, including designating an internal accounting team to monitor and evaluate transactions, requiring Board approval for any transaction exceeding a 5% percentage ratio, and providing compliance training to management[16](index=16&type=chunk)[19](index=19&type=chunk) - As an immediate measure, subsidiary EDS has ceased all listed securities investments and closed its securities accounts, with the Group currently having no plans to engage in listed securities trading[17](index=17&type=chunk)

Financial Performance - The company's revenue for the fiscal year ending December 31, 2024, was approximately HKD 29,900,000, representing a 98.3% increase from HKD 15,100,000 in 2023[10]. - The gross profit for the fiscal year was approximately HKD 3,200,000, down from HKD 7,300,000 in the previous year, resulting in a gross margin of 10.8% compared to 48.3% in 2023[15]. - Other income for the year was approximately HKD 225,000, a decrease from HKD 347,000 in 2023, primarily consisting of interest income from receivables and recoveries of bad debts[15]. - The net other income and losses for the year amounted to approximately HKD 4,700,000, compared to a net loss of HKD 3,600,000 in the previous year[15]. - The group reported a consolidated loss of approximately HKD 21,900,000 for the year, a reduction from HKD 45,100,000 for the fiscal year ending December 31, 2023[18]. - As of December 31, 2024, total borrowings amounted to approximately HKD 147,000,000, with a fixed interest rate of 5% and due within one to three years[20]. - Cash and cash equivalents were approximately HKD 14,000,000 as of December 31, 2024, compared to HKD 12,000,000 a year earlier[20]. - The group reported a net loss of HKD 21,912,000 for the year ended December 31, 2024, compared to a loss of HKD 45,076,000 in 2023[135]. - The group's cash flow from operating activities was HKD 5,013,000 for the year, down from HKD 9,993,000 in the previous year[135]. - As of December 31, 2024, the group's capital deficiency was HKD 161,949,000, an increase from HKD 144,718,000 in 2023[135]. Business Strategy and Outlook - The company launched a new product in artificial intelligence development and cloud computing in Q4 2024, contributing to significant revenue growth[11]. - The company anticipates potential negative impacts on business performance and financial condition in 2025 due to external shocks and insufficient domestic demand[11]. - The company will focus on its professional business segments to leverage competitive advantages for better performance in the coming year[11]. - The company aims to continue developing and improving its robotic products, with a faster commercialization pace compared to 2023[14]. - The company expresses a cautiously optimistic outlook for the near future despite slower-than-expected economic recovery[11]. - The company plans to launch a new product in artificial intelligence development and cloud computing in Q4 2024 to capture growth opportunities in these markets[32]. - The company aims to diversify its products and expand into different regions to respond to macroeconomic fluctuations[53]. - The company plans to continue obtaining additional funding from external resources and/or fundraising opportunities[139]. Market and Industry Insights - The Chinese artificial intelligence market is expected to create over HKD 600 billion in economic value annually across various industries, with a current adoption rate of 41%[35]. - The cloud computing market in China is projected to exceed HKD 2.1 trillion by 2027, driven by advancements in AI large models[36]. - The engineering business's target customers include companies and government agencies operating in China, and any unexpected economic or political events in China could significantly impact operations[52]. - The company faces increasing competition in its market, leading to heightened pricing pressure and potential loss of market share[58]. Corporate Governance - The company appointed Mr. Su Zhenhui as Executive Director and Chairman, holding 24.93% of the total issued share capital through Tai Dong New Energy Holding Limited[38]. - Mr. Feng Zheng was appointed as Executive Director, previously serving in various roles at the Industrial and Commercial Bank of China from 2006 to 2018[39]. - The company has adopted the corporate governance code and complied with most applicable provisions, with some deviations noted[103]. - The board of directors has confirmed the independence of all independent non-executive directors as per GEM listing rules[73]. - The company has established a nomination committee to oversee the appointment and re-election of directors[114]. - The board consists of five directors, including executive and non-executive members, with specific roles outlined[108]. - The company has ensured that its corporate governance practices are rigorous and in line with the corporate governance code[113]. - The board has a balanced gender representation and diversity, which is considered essential for sustainable development[112]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to sustainable business practices that do not significantly impact the environment, with detailed policies outlined in the annual report[47]. - An Environmental, Social, and Governance (ESG) committee was established in December 2021 to manage ESG-related issues and develop relevant policies[155]. - The group has implemented an environmental management system compliant with ISO 14001:2015 standards to mitigate potential environmental impacts from its robotics business[167]. - The company aims to reduce greenhouse gas emissions by 10% by 2030 and achieve net-zero emissions by 2050[177]. - The company generated a total of 18.23 tons of greenhouse gas emissions, an increase from 12.55 tons in the previous year[178]. - The company has implemented resource efficiency measures, resulting in a reduction of water usage to 230 cubic meters from 850 cubic meters[183]. - The company is actively promoting the use of renewable energy and encouraging suppliers to reduce their greenhouse gas emissions[177]. Employee and Workforce Management - The overall employee turnover rate for the company was reported at 51% for the year, with a notable 28% turnover rate for male employees and an alarming 277% for female employees[197]. - The workforce consists of 11 full-time employees, with 91% being male and 9% female, indicating a significant gender imbalance[195]. - The company collaborates closely with universities in Shenzhen for campus recruitment to attract young talent with the necessary skills for its high-tech robotics business[194]. - The employee compensation policy is based on job responsibilities, performance, experience, and industry standards[78]. - The company adheres to local labor laws in Hong Kong and mainland China, ensuring compliance with regulations related to compensation, recruitment, and equal opportunities[194].

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 29,904,000, representing a 98.5% increase from HKD 15,081,000 in the previous year[4] - Gross profit decreased to HKD 3,226,000 from HKD 7,281,000, indicating a decline of 55.7%[4] - Operating profit improved to HKD 781,000 compared to an operating loss of HKD 7,880,000 in the previous year[4] - The net loss for the year was HKD 21,912,000, a significant reduction from HKD 45,076,000 in the prior year, reflecting a 51.2% improvement[4] - Basic and diluted loss per share decreased to HKD 1.68 from HKD 4.87, showing a 65.5% reduction in loss per share[5] - The company reported a total comprehensive loss of HKD 17,231,000, down from HKD 39,836,000, indicating a 56.7% improvement[4] - The group reported a net loss of approximately HKD 21,912,000 for the year ending December 31, 2024, compared to a loss of HKD 45,076,000 in 2023[16] - The company recorded a consolidated loss of approximately HKD 21,900,000 in 2024, an improvement from a loss of HKD 45,100,000 in 2023[45] Assets and Liabilities - Total assets decreased to HKD 26,332,000 from HKD 27,554,000, a decline of 4.4%[6] - Total liabilities increased to HKD 188,281,000 from HKD 172,272,000, an increase of 9.3%[7] - The company's capital deficit increased to HKD 161,949,000 from HKD 144,718,000, reflecting a worsening of 11.9%[7] - As of December 31, 2024, the group's capital deficit was approximately HKD 161,949,000, an increase from HKD 144,718,000 in 2023[16] - The company reported a basic and diluted loss per share of HKD 10,179,000 in 2024, a significant improvement from a loss of HKD 27,756,000 in 2023, with the weighted average number of shares increasing from 569,740,000 to 607,464,000[35] Cash Flow and Financing - Cash and cash equivalents rose to HKD 14,038,000 from HKD 12,003,000, an increase of 16.9%[6] - The group has cash and cash equivalents of approximately HKD 14,038,000 as of December 31, 2024, compared to HKD 12,003,000 in 2023[16] - The group entered into a new financing agreement on January 16, 2023, securing approximately RMB 18,266,000 (equivalent to HKD 19,428,000) for future use[17] - The company reported a total financing cost of HKD 22,693 thousand in 2024, down from HKD 37,196 thousand in 2023, reflecting a decrease of 39%[31] - The company plans to continue seeking additional funding from external resources and/or fundraising opportunities[69] Revenue Sources - Revenue from engineering products and related services was HKD 29,301 thousand in 2024, compared to HKD 15,081 thousand in 2023, indicating a growth of 94.5%[27] - The company generated HKD 26,690 thousand in revenue from Hong Kong in 2024, with no revenue reported from this region in 2023[25] - The engineering business revenue surged by 98.3% year-on-year, reaching approximately HKD 29,900,000 in 2024, compared to HKD 15,100,000 in 2023[41][42] - The company identified three major customers contributing over 10% of total revenue in 2024, with Customer A contributing HKD 18,120 thousand and Customer B contributing HKD 7,967 thousand[26] Operational Performance - The group is actively taking measures to improve operational performance and cash inflow in its robotics business in Hong Kong and China[18] - The management is actively working to improve the operating performance and cash flow of the robotics business in Hong Kong and China[69] - Administrative expenses decreased from HKD 13,100,000 in 2023 to HKD 6,700,000 in 2024, primarily due to reduced employee-related costs[44] Future Outlook and Strategy - The group is assessing the impact of new accounting standards on its financial statements, particularly HKFRS 18, which will affect future disclosures[12] - A new product focusing on artificial intelligence development and cloud computing was officially launched in Q4 2024, aiming to capture growth opportunities in these markets[58] - The Chinese AI market is expected to create over RMB 600 billion in economic value annually across various industries, with a current adoption rate of 41%[60] - The cloud computing market in China is projected to exceed RMB 2.1 trillion by 2027, driven by large AI models[61] - The company plans to increase R&D investment and enhance market expansion in the future[62] Dividends and Share Capital - The company did not declare any final dividends for the year ending December 31, 2024, consistent with the previous year[34] - The board does not recommend a final dividend for the year ended December 31, 2024[63] - As of December 31, 2024, the total issued share capital of the company is approximately HKD 60,746,000, divided into 607,463,599 shares[49] - A total of 45,537,129 new shares were issued at HKD 0.174 each to settle outstanding unsecured loans and interest, amounting to approximately HKD 7,923,000 on March 20, 2025[69] Other Financial Information - The company reported a total of HKD 225 thousand in other income for 2024, a decrease from HKD 347 thousand in 2023[29] - Trade receivables decreased from HKD 8,525,000 in 2023 to HKD 6,032,000 in 2024, with the 0 to 30 days category showing a decline from HKD 8,367,000 to HKD 5,971,000[36] - Trade payables increased significantly from HKD 1,230,000 in 2023 to HKD 5,524,000 in 2024, with the 0 to 30 days category rising from HKD 949,000 to HKD 5,378,000[37] - The company has no foreign currency derivatives to hedge its foreign exchange risks but monitors these risks closely[52] - The company did not make any significant investments or acquisitions during the year[54][55]

Financial Performance - The company's revenue for the six months ended June 30, 2024, was HKD 2,968,000, compared to HKD 1,735,000 for the same period in 2023, representing a 71.1% increase[2] - Gross profit increased to HKD 1,549,000, up from HKD 694,000, reflecting a gross margin improvement[2] - The net loss for the period was HKD 14,159,000, an improvement from a net loss of HKD 19,508,000 in the previous year, indicating a 27.5% reduction in losses[2] - Total comprehensive loss for the period was HKD 14,250,000, compared to HKD 29,858,000 in the prior year, showing a significant decrease of 52.3%[3] - The basic and diluted loss per share improved to HKD 1.38 from HKD 2.81, reflecting better performance on a per-share basis[3] - The company reported a loss attributable to shareholders of HKD 8,396,000 for the six months ended June 30, 2024, compared to a loss of HKD 14,818,000 for the same period in 2023, representing a decrease of approximately 43.5%[18] Cash Flow and Liquidity - The company's cash and cash equivalents decreased to HKD 9,707,000 from HKD 12,003,000, indicating a cash outflow during the period[4] - The net cash used in operating activities for the six months ended June 30, 2024, was HKD 2,539,000, a significant improvement from a net cash outflow of HKD 9,663,000 in the same period of 2023[8] - The cash and cash equivalents at the end of June 30, 2024, were HKD 9,707,000, down from HKD 12,566,000 at the end of June 30, 2023[8] - The company’s cash flow from financing activities showed a net cash outflow of HKD 2,193,000 in 2024, compared to a net inflow of HKD 13,157,000 in 2023, indicating a shift in financing strategy[8] Assets and Liabilities - Total assets decreased to HKD 17,637,000 from HKD 27,554,000, reflecting a decline in overall asset base[5] - Total liabilities increased to HKD 176,605,000 from HKD 172,272,000, indicating a rise in financial obligations[5] - As of June 30, 2024, the total amount of secured borrowings was approximately HKD 128.1 million, down from HKD 131.2 million as of December 31, 2023, with an interest rate of 18%[34] Revenue Sources - Revenue for the engineering business increased by 71.1% year-on-year, contributing approximately HKD 2,900,000 to total revenue[30] - Total revenue for the six months ended June 30, 2024, was approximately HKD 2,900,000, up from HKD 1,700,000 in the same period of 2023, indicating a growth of about 70.6%[32] - The company’s major customers contributed significantly to revenue, with Customer E generating HKD 2,396,000 in 2024, while Customer D contributed HKD 522,000[13] - The company’s main customer for robot products accounted for approximately 80.7% of total revenue, highlighting a significant reliance on a single client[32] Expenses - The cost of sales and distribution for the six months ended June 30, 2024, was approximately HKD 200,000, a significant decrease of about 81.9% compared to HKD 1,100,000 in 2023[32] - Administrative expenses for the same period were approximately HKD 4,200,000, down about 52% from HKD 8,800,000 in 2023, primarily due to reduced R&D and employee costs[32] - The total employee cost for the six months ended June 30, 2024, was approximately HKD 1.2 million, significantly reduced from HKD 4.0 million for the same period in 2023[38] Corporate Governance - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[17] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated interim results for the six months ended June 30, 2024, and provided recommendations and opinions[47] - The company has maintained compliance with the corporate governance code as per GEM Listing Rules Appendix C1 throughout the six months ended June 30, 2024[48] - The roles of the chairman and CEO are clearly defined and separated, with the chairman being Mr. Su Zhenhui, while the company is in the process of appointing a suitable candidate for the CEO position[49] - Following the resignation of Ms. Han, the board became single-gender and is working to appoint suitable candidates to meet the diversity requirements under GEM Listing Rule 17.104 within three months from July 5, 2024[50] Market Outlook - The robotics industry is expected to experience rapid growth, with the Chinese intelligent robotics market projected to approach RMB 100 billion by 2025[41]

Financial Performance - The company reported a revenue of HKD 2,968,000 for the six months ended June 30, 2024, representing a 71.2% increase from HKD 1,735,000 in the same period of 2023[2] - Gross profit for the period was HKD 1,549,000, compared to HKD 694,000 in the previous year, indicating a significant improvement in profitability[2] - The operating loss decreased to HKD 3,167,000 from HKD 7,112,000 year-on-year, reflecting better cost management[2] - The total comprehensive loss for the period was HKD 14,250,000, an improvement from HKD 29,858,000 in the prior year[3] - The net loss attributable to the owners of the company was HKD 10,632,000, compared to HKD 28,756,000 in the same period last year[3] - The company reported a basic and diluted loss per share of HKD 1.38, an improvement from HKD 2.81 in the previous year[3] - The company reported a loss attributable to shareholders of approximately HKD 8,400,000 for the six months ended June 30, 2024, compared to HKD 14,800,000 in the previous year[31] Assets and Liabilities - The company's total assets decreased to HKD 17,637,000 as of June 30, 2024, down from HKD 27,554,000 at the end of 2023[4] - Current liabilities increased to HKD 32,377,000 from HKD 24,902,000, indicating a rise in short-term financial obligations[4] - The company’s total equity decreased to HKD 158,968,000 from HKD 144,718,000, reflecting ongoing financial challenges[4] - The company’s total equity as of June 30, 2024, was HKD 206,916,000, an increase from HKD 200,345,000 as of January 1, 2023[6] - As of June 30, 2024, the total amount of secured borrowings was approximately HKD 128.1 million, down from HKD 131.2 million as of December 31, 2023, with an interest rate of 18%[33] Cash Flow - Cash and cash equivalents decreased to HKD 9,707,000 from HKD 12,003,000, indicating a reduction in liquidity[4] - The net cash used in operating activities for the six months ended June 30, 2024, was HKD 2,539,000, a significant improvement from a net cash outflow of HKD 9,663,000 in the same period of 2023[7] - The company’s financing activities generated a net cash outflow of HKD 2,193,000 for the six months ended June 30, 2024, compared to a net inflow of HKD 13,157,000 in the same period of 2023[7] Operational Efficiency - Sales and distribution costs for the six months ended June 30, 2024, were approximately HKD 200,000, a decrease of 81.9% from HKD 1,100,000 in the previous year[31] - Administrative expenses for the same period were approximately HKD 4,200,000, down 52% from HKD 8,800,000 in the previous year, primarily due to reduced R&D and employee costs[31] - The company recorded a gross loss of HKD 1,088,000 in employee costs for the six months ended June 30, 2024, compared to HKD 3,975,000 in the same period of 2023[13] - The company’s total employee cost for the six months ended June 30, 2024, was approximately HKD 1.2 million, significantly reduced from HKD 4 million for the same period in 2023[37] - The company employed 12 employees as of June 30, 2024, down from 33 employees a year earlier[37] Corporate Governance - The company has adopted its own code of conduct for securities trading applicable to all directors and relevant employees, confirming compliance for the six months ending June 30, 2024[43] - The audit committee, consisting of three independent non-executive directors, has reviewed the group's unaudited interim results for the six months ending June 30, 2024[46] - The company has maintained high standards of corporate governance, ensuring compliance with GEM Listing Rules Appendix C1 throughout the six months ending June 30, 2024[47] - The roles of the chairman and CEO are clearly defined and separated, with the chairman currently being Mr. Su Zhenhui, while the search for a suitable CEO is ongoing[48] - Following the resignation of a board member, the company’s board has become single-gender, failing to meet the diversity requirements under GEM Listing Rule 17.104, and will appoint a suitable candidate within three months[49] Market Outlook - The outlook for the robotics industry indicates a significant growth potential, with the Chinese intelligent robotics market expected to approach RMB 100 billion by 2025[40] - The company continues to develop and improve its robot products, with a focus on commercial patrol robots and special-purpose robots for government agencies[30] Related Party Transactions - The total amount of related party transactions for the sale of robotic equipment and intelligent project services was approximately RMB 523,000 (about HKD 566,000) during the period[32] Shareholder Information - Major shareholders include Mr. Su Zhitun, holding approximately 24.93% of the company's shares, and Rongke Holdings Group Limited, holding about 21.44%[41] - The average number of ordinary shares for the calculation of basic and diluted loss per share increased to 607,464 thousand shares from 527,475 thousand shares year-on-year[16] Dividend Policy - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with no dividend declared for the same period in 2023[15] Investment Activities - The company did not engage in any significant investments or acquisitions of subsidiaries, associates, or joint ventures during the six months ended June 30, 2024[38][39] - The company did not acquire any properties, plants, or equipment during the six months ended June 30, 2024, consistent with the previous year[17] Risk Management - The company has no foreign currency derivatives to hedge foreign exchange risks but closely monitors these risks[36]

Transactions and Approvals - The independent non-executive directors confirmed that the 2023 transactions were established in the ordinary course of business and based on fair commercial terms[2] - The independent auditor issued an unqualified opinion regarding the 2023 transactions, confirming they were approved by the board and did not exceed the annual cap[3] Financial Transparency - The company aims to maintain transparency and accuracy in its financial disclosures, ensuring no misleading information is presented[3]

Financial Performance - The company's revenue for the fiscal year ending December 31, 2023, was approximately HKD 15,100,000, representing an increase of 280.8% compared to HKD 3,960,000 in 2022[12]. - Gross profit for the year was approximately HKD 7,300,000, with a gross margin of 48.3%, a significant improvement from a gross loss of HKD 970,000 in the previous year[12][18]. - The engineering business contributed approximately HKD 15,100,000 to total revenue, reflecting a 280.8% year-on-year increase[18]. - Other income for the year was approximately HKD 347,000, down from HKD 5,800,000 in the previous year, primarily due to changes in bond interest compensation and miscellaneous income[18]. - The company recorded a net loss of approximately HKD 4,300,000 in other gains and losses, an improvement from a loss of HKD 10,000,000 in the previous year[18]. - The group recorded a consolidated loss of approximately HKD 45,100,000 for the year, compared to a loss of HKD 38,500,000 for the fiscal year ended December 31, 2022, mainly due to increased financing costs and the absence of one-time litigation compensation income received in 2022[21]. - For the year ended December 31, 2023, the group reported a net loss of HKD 45,076,000, compared to a net loss of HKD 38,539,000 in 2022[161]. - The net cash used in operating activities was HKD 9,993,000 for 2023, down from HKD 21,353,000 in 2022[161]. - As of December 31, 2023, the group's capital deficiency was HKD 144,718,000, an improvement from HKD 200,345,000 in 2022[161]. Debt and Financing - The company successfully completed a debt capitalization in May 2023, converting over HKD 23,000,000 of debt into equity[15]. - Management negotiated a waiver of approximately HKD 22,300,000 in loan interest for 2023 and reduced the loan interest rate from 18% to 5% starting January 1, 2024[15]. - As of December 31, 2023, the total amount of secured borrowings was approximately HKD 131,200,000, with an interest rate of 18.0%, while unsecured borrowings amounted to HKD 7,200,000 at a fixed interest rate of around 5%[22]. - The group secured new financing of approximately RMB 14,568,000 (equivalent to HKD 15,969,000) on January 16, 2023, which is available for withdrawal as needed[163]. - The board believes that the group will have sufficient working capital to meet its financial obligations for the next twelve months[162]. - The group plans to continue obtaining additional funding from external resources and/or fundraising opportunities[163]. Operational Efficiency - Sales and distribution costs for the year were approximately HKD 2,400,000, a decrease of about 26.0% compared to HKD 3,200,000 for the fiscal year ended December 31, 2022, primarily due to reduced employee costs[19]. - Administrative expenses for the year were approximately HKD 13,100,000, down from HKD 15,800,000 for the fiscal year ended December 31, 2022, with employee-related expenses decreasing from HKD 10,500,000 to HKD 5,800,000[19]. - The group employed 12 staff members as of December 31, 2023, down from 35 staff members a year earlier, with total employee costs for the year amounting to approximately HKD 6,600,000, compared to HKD 11,100,000 in the previous fiscal year[31]. Market Outlook and Strategy - The management remains cautiously optimistic about future performance despite potential economic challenges affecting investment and domestic consumption[13]. - The company is focused on developing and commercializing its robotic products at a faster pace compared to the previous year[17]. - The management aims to leverage competitive advantages in its professional business segments to achieve better performance in the coming year[13]. - The outlook for the robotics industry indicates a significant growth potential, with expectations for the Chinese intelligent robot market to approach RMB 100 billion by 2025, driven by increasing demand for automation and smart manufacturing[36]. - The company aims to diversify its products and expand into different regions to mitigate macroeconomic fluctuations[58]. - The global economic growth has been weaker than expected, impacting the company's target customers, including companies and government agencies in China[55]. Governance and Compliance - The board of directors includes experienced professionals, with members having extensive backgrounds in law, finance, and engineering[44][43][42]. - The company emphasizes compliance with applicable laws and regulations in Hong Kong and China, which include various local and national laws[50]. - The company has established risk management procedures integrated into daily operations to address both internal and external risks[54]. - The company has adopted the corporate governance code and complied with most applicable provisions during the year[122]. - The board consists of five directors, including executive and independent non-executive members, ensuring a diverse and qualified leadership[127]. - The board's composition is regularly reviewed to maintain an effective balance and diversity, which is deemed essential for sustainable development[131]. - The company has established a policy for the nomination of new directors, focusing on integrity, qualifications, skills, and commitment to the company's strategy[147]. - The Audit Committee is responsible for monitoring the integrity of financial statements and ensuring effective risk management and internal controls[153]. Environmental and Social Responsibility - The company is committed to sustainable business practices and aims to balance the interests of various stakeholders, including employees and customers[53]. - The company has a strong commitment to environmental sustainability, ensuring that its operations do not significantly impact the environment[49]. - An Environmental, Social, and Governance (ESG) committee was established in December 2021 to manage ESG-related issues and develop relevant policies[184]. - The company conducts stakeholder engagement to gather feedback on its ESG performance and disclosures, ensuring alignment with stakeholder interests[185]. - The company has implemented an environmental management system compliant with international standards ISO14001:2015 for its robotics business[197]. - The company prioritizes mitigation measures for significant environmental factors identified through a risk-based approach[198]. - The company aims to enhance awareness of its environmental responsibilities among stakeholders[199]. Shareholder Relations - The company emphasizes effective communication with shareholders to enhance investor relations and understanding of business performance and strategies[176]. - The board reviews the effectiveness of communication channels with shareholders annually and expresses satisfaction with the communication activities conducted[176]. - The company’s website serves as a platform for ongoing dialogue with shareholders and investors[176]. - The company has established a structured approach to stakeholder engagement, including meetings and annual general meetings to discuss performance and strategies[188].