Financial Performance - The company recorded revenue of approximately HKD 49,228,000 for the year, a decrease of about 17.0% compared to HKD 59,324,000 in the previous year[9]. - Gross profit for the year was approximately HKD 22,568,000, with a gross margin of about 45.8%, an increase from 29.3% in the previous year[9]. - Loss attributable to equity holders for the year was approximately HKD 20,876,000, a significant reduction from a loss of HKD 82,548,000 in the previous year[9]. - The decrease in loss was primarily due to a reduction in fair value losses on investment properties from HKD 49,393,000 to HKD 5,536,000[9]. - The company sold a subsidiary for a revenue of approximately HKD 7,156,000 during the year[9]. - Financial costs decreased from approximately HKD 11,545,000 in the previous year to HKD 5,589,000 in the current year[9]. - The company's revenue for 2023 was approximately HKD 49,228,000, a decrease of 17.0% compared to HKD 59,324,000 in 2022, primarily due to a focus on the metro company's projects[75]. - The total sales and service costs for 2023 were approximately HKD 26,660,000, a reduction of 36.4% from HKD 41,923,000 in 2022, attributed to a decrease in computer hardware and software transactions[76]. - The gross profit for 2023 was approximately HKD 22,568,000, an increase of about HKD 5,167,000 from HKD 17,401,000 in 2022, driven by economic recovery and a focus on IT services[77]. - Other income and gains for the fiscal year ending December 31, 2023, were approximately HKD 914,000, down from HKD 1,555,000 in 2022, mainly due to government subsidies recognized in the previous year[78]. - The administrative expenses for 2023 were approximately HKD 38,979,000, an increase of 38.6% from HKD 28,124,000 in 2022, due to the resumption of business meetings and travel, as well as increased advertising and legal costs[80]. - The company reported a loss attributable to owners of approximately HKD 20,876,000 in 2023, a significant decrease from HKD 82,548,000 in 2022, mainly due to reduced fair value losses on investment properties[85]. - As of December 31, 2023, the company's cash and bank balances decreased to approximately HKD 11,595,000 from HKD 13,877,000 in 2022[86]. - The total borrowings as of December 31, 2023, were approximately HKD 65,033,000, down from HKD 136,960,000 in 2022, resulting in a debt ratio of 0.25 compared to 0.50 in the previous year[86]. Strategic Initiatives - The company plans to strengthen its existing artificial intelligence business and explore higher growth potential projects in AI and cloud technology[13]. - The company has sold two properties and a subsidiary engaged in lending business to reallocate resources towards more promising projects[13]. - The company anticipates that regions like the UAE will become focal points in the international technology sector, particularly in AI[11]. - The company has established a joint venture, Petaverse, focusing on e-commerce and marketing of pet-related products in both the real world and the metaverse[14]. - The company plans to pursue selective acquisitions and strategic alliances to strengthen its leadership position in the Hong Kong IT solutions industry amid uncertain macroeconomic conditions[15]. - The company aims to leverage advanced AI technology in traditional products and services, diversifying risks and reducing investment costs[14]. - The company has engaged in successful AI technology development, evidenced by a collaboration with a metro company[15]. - The company is exploring the tokenization of corporate bonds, enhancing market efficiency and convenience[14]. - The company has entered into a share exchange agreement with Bonanza Goldfields Corp., exchanging 26,520,387 shares at HKD 0.135 per share for 218,574,618 shares of Bonanza at USD 0.0021 per share, totaling approximately HKD 3,580,252 (USD 459,007)[28]. - The share exchange agreement with Bonanza is seen as a strategic alliance to share expertise in artificial intelligence and blockchain, with anticipated growth in demand for Bonanza's services[30]. - The company completed the share exchange on April 17, 2023, issuing 2,652,038 shares, representing approximately 4.29% of the company's issued share capital post-exchange[31]. - The company has agreed to sell its entire equity interest in Rosy Ridge Investments Limited for HKD 28,000,000, which is classified as a major transaction under GEM listing rules[32]. - The proposed sale was approved by shareholders at a special meeting held on April 28, 2023[33]. - The company has signed a non-binding memorandum of understanding with Autostereoscopic 3D Limited to enhance 3D technology using proprietary AI and big data[35]. - The company has entered into a placement agreement to issue up to 7,642,000 shares at HKD 1.93 per share, representing approximately 12.93% of the company's issued share capital post-placement[37]. - The net proceeds from the placement amount to approximately HKD 14,340,000, with HKD 7,600,000 allocated for IT infrastructure development, HKD 3,400,000 for repaying a shareholder loan, and the remainder for general working capital[38]. - The company issued zero-coupon bonds totaling HKD 100,000,000, utilizing Distributed Ledger Technology, with a net proceeds of approximately HKD 31,500,000 intended for Web3.0 and blockchain business development[44][46]. - The company has entered into an agreement to acquire 100% of Autostereoscopic 3D Limited for a total consideration of HKD 100,000,000, which will be settled through a combination of promissory notes and the issuance of shares[48]. - A joint venture named Petaverse was established to manage an e-commerce platform focused on pet-related products, with the company holding a 30% stake[52][54]. - The company completed the sale of its subsidiary engaged in lending activities for HKD 24,500,000, aimed at streamlining operations and focusing on core business[56]. - The company has decided to terminate its lending business in 2023 to focus on existing operations and pursue selective acquisitions and strategic alliances[73]. - The company aims to strengthen its position in the Hong Kong IT solutions industry by fostering a strong corporate culture and enhancing cohesion among employees[73]. Governance and Compliance - The company has implemented remedial measures to address internal control deficiencies identified during the audit process[23]. - The company is committed to making timely business and investment decisions based on market conditions to create greater value for shareholders[15]. - The company has faced audit reservations due to insufficient audit evidence regarding service agreements with suppliers[18]. - The company is addressing audit reservations that will continue to appear in the consolidated financial statements for the year ending December 31, 2024, and will remove comparative figures from the year ending December 31, 2023[26]. - The company has identified major risks including foreign exchange rate risk, liquidity risk, and price risk, with no current foreign currency hedging policy in place[96][97][98]. - The company has a governance report detailing its adherence to the GEM listing rules and corporate governance code[200]. - The audit committee reviewed the audited consolidated financial statements before submission to the board[120]. - The company has complied with all relevant laws and regulations impacting its business and operations during the fiscal year, with no significant violations reported[189]. - The company will propose the reappointment of its auditor at the upcoming annual general meeting[196]. Employee and Shareholder Information - The company employs 61 staff members as of December 31, 2023, an increase from 59 in the previous year[99]. - Total employee benefit expenses for the year amounted to approximately HKD 21,744,000, with HKD 931,000 related to equity-settled share-based payments[99]. - The company has granted a total of 23,900,000 stock options in May 2021 and an additional 16,360,000 stock options in June 2022 under the 2012 Stock Option Plan[147]. - As of December 31, 2023, there are 3,982,775 stock options available for issuance, representing 6.45% of the total shares issued[151]. - The 2012 Stock Option Plan allows for a maximum of 10% of the total issued shares to be granted as stock options, with a cap of 1% for any individual participant within a 12-month period[152]. - The company has not paid any compensation to directors or the top five highest-paid individuals as a reward for joining or leaving the group[145]. - The company has purchased appropriate directors and officers liability insurance to protect its directors and personnel[138]. - The company reviews employee performance annually to assess and adjust compensation based on specific responsibilities and performance[145]. - The company has granted stock options to 18 employees in the first batch, with some options becoming invalid due to resignations[161]. - The exercise period for stock options is set at ten years from the grant date, with no vesting period or performance targets specified[161]. - The company has a total of 785,374 stock options allocated to directors, with no options exercised or canceled during the reporting period[160]. - The company has a total of 2,717,335 unexercised stock options from various batches, with specific allocations to employees and consultants[160]. - The company has adjusted the number and exercise price of unexercised stock options following a rights issue and share consolidation completed in 2022[161]. - The company has a total of 61,765,237 shares issued, with significant ownership stakes held by directors, including Huang Jingzhao with 0.98% and Zhang Qishen with 0.99%[143]. - The company recorded major shareholders holding 5% or more of the issued share capital, with Zhang Rong holding 24.33%[180]. - The company has not entered into any equity-linked agreements during the year ending December 31, 2023[125]. - The company’s organizational documents do not require offering existing shareholders preemptive rights for new shares[126]. - The company has no distributable reserves as of December 31, 2023[129]. - The top five customers accounted for 35.2% of total sales, with the largest customer contributing 21.5%[130]. - The top five suppliers represented 53.9% of total purchases, with the largest supplier accounting for 22.6%[130]. Market Outlook and Trends - The global economic outlook for 2024 is expected to be a slow recovery post-pandemic, with high uncertainty due to high interest rates and geopolitical tensions[71]. - The company continues to focus on digital transformation in the Hong Kong enterprise market, receiving recognition as a "Nutanix Certified Sales Expert" and achieving "Master Partner" status[58]. - The company aims to enhance customer confidence in virtual work environment solutions through its Tsim Sha Tsui experience center[60]. - The company is committed to maintaining high environmental and social standards to ensure sustainable business practices[186]. - The company has encouraged stakeholder participation in environmental and social activities, benefiting the entire community[186]. - The company has established a joint venture with Kilimanjaro Energy Group and Marvion Inc. to promote sustainable changes in the ESG sector, focusing on tokenization of carbon credits[104]. Miscellaneous - The company has not repurchased, purchased, or redeemed any of its listed securities during the year[103]. - The company has no significant investment or capital asset plans as of the report date[91]. - The company has no significant post-reporting date events other than those disclosed[106]. - No final dividend is recommended for the year ending December 31, 2023[121]. - There were no waivers of director remuneration during the year ended December 31, 2023[146]. - The company has not entered into any management or administrative contracts concerning its major business operations during the year[140]. - The company has not made any charitable donations during the fiscal year ending December 31, 2023[192].

Financial Performance - The company recorded revenue of approximately HKD 49,228,000 for the year, a decrease of about 17.0% compared to HKD 59,324,000 in the previous year[11]. - Gross profit for the year was approximately HKD 22,568,000, with a gross margin of about 45.8%, an increase from 29.3% in the previous year[11]. - Loss attributable to equity holders for the year was approximately HKD 20,876,000, a significant reduction from a loss of HKD 82,548,000 in the previous year[11]. - The fair value loss on investment properties decreased from approximately HKD 49,393,000 in the previous year to HKD 5,536,000 this year[11]. - The company recorded revenue of approximately HKD 29,994,000 for the year, an increase of 29.3% compared to HKD 23,204,000 in 2022, primarily due to an increase in project numbers[57]. - The company reported a decrease in revenue from DataCube, contributing approximately HKD 5,499,000, down 57.3% from HKD 12,878,000 in 2022, as it focused on collaboration with a metro company[57]. - The group's revenue for 2023 was approximately HKD 49,228,000, a decrease of 17.0% compared to HKD 59,324,000 in 2022, primarily due to a focus on the MTR project[68]. - The cost of sales and services for 2023 was approximately HKD 26,660,000, a reduction of 36.4% from HKD 41,923,000 in 2022, attributed to a shift towards IT services[69]. - Gross profit for 2023 was approximately HKD 22,568,000, an increase of about HKD 5,167,000 compared to HKD 17,401,000 in 2022, driven by economic recovery and a focus on IT services[70]. - Administrative expenses rose by 38.6% to approximately HKD 38,979,000 in 2023 from HKD 28,124,000 in 2022, due to increased business meetings, travel, and advertising costs[73]. - The loss attributable to the company's owners for 2023 was approximately HKD 20,876,000, a decrease from HKD 82,548,000 in 2022, primarily due to a reduction in fair value losses on investment properties from HKD 49,393,000 in 2022 to HKD 5,536,000 in 2023[78]. Strategic Initiatives - The company plans to strengthen its existing artificial intelligence business and explore higher growth potential projects in AI and cloud technology[15]. - The company has established a joint venture, Petaverse, focusing on e-commerce and marketing pet-related products in both the real world and the metaverse[16]. - The company has engaged in strategic partnerships to explore the tokenization of corporate bonds, enhancing efficiency and convenience in financial markets[16]. - The company plans to pursue selective acquisitions and strategic alliances to strengthen its leadership in Hong Kong's IT solutions industry amid uncertain macroeconomic conditions[17]. - The company anticipates growing demand for Bonanza's services, particularly in AI and blockchain applications, indicating significant potential for BONZ shares[22]. - The company has entered a non-binding memorandum of understanding with Autostereoscopic 3D Limited on March 10, 2023, to enhance 3D stereoscopic technology using proprietary AI and big data[28]. - The company aims to provide advanced and quality information technology services, aligning its corporate culture with its vision and values[194]. Capital Management - The company completed a share exchange agreement with Bonanza Goldfields Corp., exchanging 26,520,387 shares valued at approximately HKD 3,580,252 (about USD 459,007)[21]. - Following the share exchange, the company issued 2,652,038 shares, representing about 4.29% of its expanded share capital[24]. - The company completed a placement agreement on April 4, 2023, issuing 7,642,000 shares at a price of HKD 1.93 per share, representing approximately 12.93% of the issued share capital post-placement[30]. - The net proceeds from the placement amounted to approximately HKD 14,340,000, allocated as follows: HKD 7,600,000 for IT infrastructure development, HKD 3,400,000 for repaying a shareholder loan, and the remainder for general working capital[31]. - The company completed the bond issuance on July 12, 2023, with a total principal amount of HKD 100,000,000 and an actual yield to maturity of 3.73%, with net proceeds of approximately HKD 31,500,000 earmarked for Web3.0 and blockchain business development[39]. - A significant acquisition was proposed on September 19, 2023, involving the purchase of all issued shares of Autostereoscopic 3D Limited for HKD 100,000,000, to be settled through a combination of promissory notes and the issuance of shares at HKD 2.16 each[41]. Governance and Compliance - The company has complied with all relevant laws and regulations affecting its business operations during the reporting period[182]. - The company has maintained at least 25% of its issued share capital held by the public as of the report date[187]. - The company's governance report indicates adherence to GEM listing rules, with a noted deviation regarding the roles of the Chairman and CEO being held by the same individual[193]. - The board consists of six directors, including two executive directors, one non-executive director, and three independent non-executive directors, ensuring a balanced governance structure[198]. - Three out of six directors are independent non-executive directors, meeting the GEM listing rules requirement for board composition[200]. - The company emphasizes high standards of business ethics and corporate governance, with policies communicated to all employees[195]. - The board is responsible for monitoring corporate strategy, performance, and significant financial matters, ensuring effective risk management[198]. - Independent non-executive directors are tasked with ensuring high standards of internal control and financial reporting[198]. - The nomination and remuneration committees evaluate the independence and qualifications of directors annually[200]. Employee and Shareholder Engagement - The company has a stock option plan in place, with a total of 23,900,000 options granted in May 2021 and an additional 16,360,000 options granted in June 2022[140]. - The company has adopted a new share option scheme on May 15, 2023, in addition to the old scheme adopted on August 2, 2012[118]. - The company aims to incentivize participants through the share option plan, aligning their contributions with the long-term growth interests of the group[158]. - The company is committed to employee development, workplace safety, diversity, and sustainable growth, aiming for long-term stability[196]. - The company has not issued any share options to service providers during the year, and the service provider limit remains unused[159]. - The company has not made any charitable donations during the fiscal year ending December 31, 2023[185]. - As of December 31, 2023, major shareholders holding 5% or more of the company's issued share capital include Mr. Zhang with 24.33% and Dr. Li with 4.29%[173].

Financial Performance - For the nine months ended September 30, 2023, the group's revenue was approximately HKD 51,156,000, a decrease of 5.04% compared to HKD 53,869,000 for the same period last year[12]. - The loss attributable to owners of the company for the nine months ended September 30, 2023, was approximately HKD 14,718,000, compared to a loss of HKD 25,054,000 for the same period last year[12]. - The loss per share attributable to owners of the company for the nine months ended September 30, 2023, was HKD 0.2532, compared to HKD 0.5545 for the same period last year[12]. - The company recorded revenue of approximately HKD 51,156,000 for the nine months ended September 30, 2023, a decrease of 5.04% compared to HKD 53,869,000 in the same period last year[63]. - The company's gross profit for the nine months ended September 30, 2023, was approximately HKD 15,967,000, down from HKD 18,073,000 in the previous year[63]. - The company reported a net loss attributable to owners of approximately HKD 14,718,000 for the nine months ended September 30, 2023, an improvement from a loss of HKD 25,054,000 in the same period last year[64]. - The total comprehensive loss attributable to the owners of the company for the nine months ended September 30, 2023, was HKD 24,999,000, down from HKD 51,086,000 in the same period of 2022, a reduction of 51.0%[70]. - The company reported a total comprehensive loss of HKD 189,218,000 for the nine months ended September 30, 2023[88]. Research and Development - Research and development expenses for the smart retail cloud platform and IoT cloud platform network security amounted to approximately HKD 8,256,000 for the nine months ended September 30, 2023, down from HKD 14,924,000 for the same period last year[12]. - The company is focusing on the development of AI products, with expectations of contributing to revenue at an appropriate time[53]. - The company is investing resources in developing AI technologies for its smart logistics and CRM systems to enhance data analysis capabilities[51]. - The AI Booster solution includes a simplified AI solution for SMEs, providing an end-to-end ecosystem for model development and monitoring[51]. Corporate Actions and Strategies - The board of directors does not recommend the payment of an interim dividend for the nine months ended September 30, 2023[12]. - The company is strategically allocating resources and taking appropriate corporate actions in response to market conditions[11]. - The company completed a rights issue on April 11, 2022, issuing a total of 171,570,664 shares, raising approximately HKD 24,710,000 net of estimated expenses[17]. - The company entered into a share exchange agreement with Bonanza Goldfields Corp., exchanging 26,520,387 shares for 218,574,618 shares of Bonanza, valued at approximately HKD 3,580,252[20]. - The share exchange agreement aims to establish a strategic alliance with Bonanza, enhancing collaboration in AI, blockchain, and DOT technologies[21]. - The company approved the sale of Rosy Ridge Investments Limited for HKD 28,000,000, which will result in the company no longer holding any interest in the target company[24]. - A placement agreement was signed on March 14, 2023, to issue up to 7,642,000 shares at HKD 1.93 per share, representing approximately 12.93% of the company's issued share capital post-placement[29]. - The net proceeds from the placement are estimated to be around HKD 14,340,000, with allocations for IT infrastructure development, repayment of shareholder loans, and general working capital[30]. - The company has extended the maturity dates of loans totaling approximately HKD 58,012,000 to October 15, 2023, and September 2, 2023, respectively[33]. - The company has proposed a new share option scheme to incentivize eligible participants, following the expiration of the previous scheme[34]. Market and Customer Engagement - The company is actively collaborating with industry talents in areas such as Web3.0, blockchain, and naked-eye 3D technology to expand its customer network[11]. - The company is collaborating with a public transport company to promote data modeling and big data analysis using its AI Book, AI Manager, and BI Canvas technologies[50]. - The company aims to enhance customer confidence in virtual work environment solutions through its Tsim Sha Tsui experience center[48]. Financial Position and Equity - The total equity attributable to the owners of the company was HKD 354,262,000 as of September 30, 2023[88]. - The company had a cumulative loss of HKD 164,164,000 as of September 30, 2023[88]. - The company reported no tax provision for Hong Kong profits tax for the nine months ended September 30, 2023, due to accumulated tax losses carried forward from the previous year[83]. Stock Options and Shareholder Information - The company issued a total of 23,900,000 share options under the 2012 Share Option Scheme[94]. - The company has adopted a new stock option plan effective from May 15, 2023, allowing for the issuance of up to 6,176,523 stock options and 617,652 stock options for service providers[111]. - The total number of stock options granted to employees is 4,220,241, with 117,466 options having expired, leaving 4,102,775 options unexercised[106]. - The maximum number of stock options that can be granted to each participant under the 2023 plan is capped at 1% of the issued shares as of the grant date[115]. - As of September 30, 2023, major shareholders holding 5% or more of the issued share capital include Mr. Zhang with 22.89% and Dr. Li with 4.29%[124]. Compliance and Governance - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ending September 30, 2023, ensuring compliance with applicable accounting standards and GEM listing rules[133]. - The company has established a risk management framework overseen by the board, audit committee, and senior management to ensure effective internal controls and compliance with laws and regulations[137]. - The company has complied with the GEM listing rules regarding the appointment of independent non-executive directors, with at least one possessing appropriate professional qualifications in accounting or finance[130]. - The company has adopted a code of conduct for securities transactions by directors, which complies with GEM listing rules[131].

香港交易及結算所有限公司以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，概不會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。 （於開曼群島註冊成立的有限公司） （股份代號：08178） 二零二三年第三季度業績公告 中國信息科技發展有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司 截至二零二三年九月三十日止九個月之未經審核業績。本公告列載本公司二零二三年第 三季度報告全文，乃符合香港聯合交易所有限公司GEM證券上市規則中有關季度業績初 步公告附載的資料之相關要求。本公司將於適當時候發送本公司二零二三年第三季度報 告的印刷版本予本公司股東。 承董事會命 中國信息科技發展有限公司 主席兼行政總裁 黃景兆 香港，二零二三年十一月九日 於本公告日期，董事會成員包括執行董事黃景兆先生（主席兼行政總裁）及張棋深先生； ...

香港交易及結算所有限公司以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，概不會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。 （於開曼群島註冊成立的有限公司） （股份代號：08178） 有關二零二二年年報 之補充公告 茲提述中國信息科技發展有限公司（「本公司」，連同其附屬公司統稱「本集團」）截至二零 二二年十二月三十一日止年度之年報（「二零二二年年報」）。 本公告旨在提供二零二二年年報之補充資料，內容有關本公司若干重要投資、本公司於 二零一二年八月二日採納之購股權計劃及本公司應收貸款。 重要投資 於二零一九年八月二十八日，本集團收購於中國註冊成立的廣州市德煌投資有限公司（「德 煌」）的19%股權及本金額為人民幣51,199,000元的應收貸款，代價為人民幣66,341,000元， 以向賣方發行承兌票據的方式結清。德煌主要業務為提供商業服務，其主要資產為德煌 所擁有位於廣州市南沙區市南公路南側的一幅土地及五座（二零二一年：四座）數據中心 主樓及配套工廠辦公樓（包括地面土地）。 於二零二二年十二月三十一日，其按公平值約32,1 ...

Financial Performance - For the six months ended June 30, 2023, the company's revenue was approximately HKD 40,365,000, an increase of 16.2% compared to HKD 34,735,000 for the same period last year[9]. - The loss attributable to owners of the company for the same period was approximately HKD 3,785,000, a significant reduction from HKD 21,028,000 in the previous year, primarily due to the sale of a subsidiary generating HKD 8,756,000 and a decrease in R&D expenses from approximately HKD 14,324,000 to HKD 5,256,000[9]. - The loss per share from continuing operations was approximately HKD 0.0672, compared to HKD 0.5007 (restated) for the same period last year[9]. - The company's gross profit for the first half of 2023 was approximately HKD 12,640,000, a decrease of 3.7% compared to HKD 13,131,000 in the prior year[60]. - The company reported a loss attributable to equity holders of approximately HKD 3,785,000 for the first half of 2023, compared to a loss of HKD 21,028,000 in the same period last year[64]. - The company recorded a pre-tax loss of HKD 17,148,000 for the six months ended June 30, 2023, compared to a loss of HKD 21,028,000 in the same period of 2022[95]. - The company reported a loss of HKD 1,576,000 for the three months ended June 30, 2023, compared to a loss of HKD 18,597,000 for the same period in 2022, representing a decrease of approximately 91.5%[71]. - For the six months ended June 30, 2023, the loss was HKD 4,654,000, down from HKD 22,460,000 in the previous year, indicating a reduction of about 79.3%[71]. Dividend and Shareholder Actions - The board of directors did not recommend the payment of an interim dividend for the six months ended June 30, 2023, consistent with the previous year[9]. - The company completed a rights issue on April 11, 2022, issuing a total of 171,570,664 shares, with net proceeds estimated at approximately HKD 24,710,000[14]. - The company completed a placement agreement on April 4, 2023, successfully placing 7,642,000 shares at a price of HKD 1.93 per share, representing approximately 12.93% of the company's issued share capital post-placement[26]. - The company has proposed a new share option scheme on April 21, 2023, to incentivize eligible participants for their contributions[31]. - The company issued 7,642,000 shares at a price of HKD 1.93 per share during a placement completed on April 4, 2023[113]. Research and Development - The company incurred research and development expenses of HKD 5,256,000 for the six months ended June 30, 2023, down from HKD 14,324,000 in the same period of 2022[92]. - The company plans to continue investing in its R&D team to promote its AI products and services, requiring funding and experienced experts[55]. - The company is currently in the optimization phase of its AI products and is conducting product concept validation, with remaining net proceeds expected to be fully utilized by Q3 2023[15]. Strategic Focus and Collaborations - The company continues to focus on developing innovative advanced technologies, particularly in AI and cloud technology, while prudently managing and allocating resources[8]. - The company is actively collaborating with industry talents to expand its customer network and enhance existing IT solution services[8]. - The company is leveraging synergies from collaborations and its own AI developments to improve service offerings[8]. - The company entered into a non-binding memorandum of understanding with Autostereoscopic 3D Limited to explore collaboration using proprietary AI technology and big data[23]. - The company is collaborating with various interested parties and has integrated its AI Booster into the Hong Kong government's innovation lab to provide effective predictive analytics solutions[47]. Financial Position and Assets - As of June 30, 2023, the company's cash and bank balances were approximately HKD 17,536,000, an increase from HKD 13,877,000 as of December 31, 2022[65]. - The total borrowings of the company as of June 30, 2023, were approximately HKD 60,673,000, down from HKD 136,960,000 as of December 31, 2022[65]. - The company's total assets decreased from HKD 332,650,000 as of December 31, 2022, to HKD 278,219,000 as of June 30, 2023, a decline of about 16.4%[73]. - Current assets increased from HKD 136,134,000 at the end of 2022 to HKD 175,783,000 by June 30, 2023, an increase of approximately 29.1%[73]. - The company reported a total of HKD 110,629,000 in prepayments and other receivables as of June 30, 2023, significantly higher than HKD 22,816,000 at the end of December 2022[102]. Market Outlook and Future Plans - The company anticipates a gradual recovery in the global market as COVID-19 restrictions ease and business activities resume[53]. - The company is preparing for future challenges while seizing sustainable growth opportunities[8]. - The company plans to explore potential collaborations and projects, particularly in artificial intelligence and related IT services, to create long-term benefits[57]. Corporate Governance and Compliance - The company has complied with the GEM Listing Rules regarding corporate governance, except for the deviation where the Chairman also serves as the CEO[178]. - The audit committee consists of three members, all of whom are independent non-executive directors[180]. - The board is responsible for ensuring a robust internal control and risk management system to protect shareholder investments and the group's assets[184]. - The board includes both executive and non-executive directors, ensuring a diverse governance structure[188]. Investment Properties and Fair Value - The company’s investment properties were valued at HKD 245,243,000 as of June 30, 2023, down from HKD 256,671,000 at the beginning of the year[99]. - The company’s investment properties experienced a foreign exchange adjustment loss of HKD 11,428,000 during the first half of 2023[120]. - The fair value of non-listed equity investments was HKD 10,852,000 as of June 30, 2023, compared to HKD 43,025,000 at the end of 2022[120]. Stock Options and Employee Incentives - The company aims to attract and retain top talent through the share option scheme, rewarding contributions to the group's growth[146]. - The number of unexercised stock options as of June 30, 2023, is 4,102,775, with a weighted average exercise price of HKD 1.88[131]. - The 2023 Share Option Scheme allows the company to grant a total of 6,176,523 share options, equivalent to 10% of the issued shares as of the report date[163].

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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：08178） 二零二三年中期業績公告 中國信息科技發展有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司 截至二零二三年六月三十日止六個月的未經審核業績。本公告列載本公司二零二三年中 期報告全文，乃符合香港聯合交易所有限公司GEM證券上市規則中有關中期業績初步公 告附載的資料之要求。本公司將於適當時候送交二零二三年中期報告的印刷版本予本公 司股東。 承董事會命 中國信息科技發展有限公司 主席兼行政總裁 黃景兆 香港，二零二三年八月九日 於本公告日期，董事會成員包括執行董事黃景兆先生（主席兼行政總裁）及張棋深先生； ...

Financial Performance - For the three months ended March 31, 2023, the group's revenue was approximately HKD 32,977,000, an increase of 57.9% compared to HKD 20,887,000 in the same period last year[10]. - The loss attributable to the owners of the company for the same period was approximately HKD 3,027,000, compared to a loss of HKD 3,880,000 in the previous year[10]. - The loss per share for the three months ended March 31, 2023, was approximately HKD 5.88, compared to HKD 11.31 in the previous year (restated)[10]. - The company did not recommend the payment of an interim dividend for the three months ended March 31, 2023, consistent with the previous year[10]. - The group recorded revenue of approximately HKD 32,977,000 for the three months ended March 31, 2023, representing a 57.9% increase compared to approximately HKD 20,887,000 for the same period last year[48]. - The revenue from the IT solutions and maintenance segment increased from approximately HKD 16,856,000 to approximately HKD 29,665,000 during the same period[48]. - The total sales and service costs for the first quarter of 2023 were approximately HKD 24,227,000, a 74.0% increase from approximately HKD 13,922,000 in the previous year[48]. - The gross profit for the first quarter of 2023 was approximately HKD 8,750,000, up from approximately HKD 6,965,000 in the same period last year[48]. - Administrative expenses increased by 40.1% to approximately HKD 8,376,000 compared to approximately HKD 5,978,000 in the previous year[49]. - The group reported a loss attributable to owners of the company of approximately HKD 3,027,000 for the three months ended March 31, 2023, compared to a loss of approximately HKD 3,880,000 in the same period last year[49]. - The company reported a pre-tax loss of HKD 2,677,000, which is an improvement from a pre-tax loss of HKD 2,787,000 in the previous year[65]. - The company reported a total comprehensive loss of HKD 1,305,000 for the period, compared to a total comprehensive loss of HKD 3,486,000 for the same period in 2022, showing an improvement of approximately 63%[72]. Research and Development - Research and development expenses for the smart retail cloud platform and IoT cloud platform network security amounted to approximately HKD 2,180,000 during the period[10]. - The group plans to continue investing in research and development in areas such as IoT, AI, and cloud technologies to enhance service offerings and improve business efficiency[44]. - The company is focusing on developing advanced technologies, particularly in AI and cloud technology, while prudently controlling and allocating resources[9]. - The company is leveraging synergies from collaborations and self-developed AI integrations to enhance its service offerings[9]. - The company has initiated the launch of a tailored CRM system named "Retail Booster" for the retail industry, which utilizes machine learning algorithms to analyze member behavior data[38]. - The AI Booster solution includes a simplified AI logistics and CRM system aimed at small and medium-sized enterprises, providing end-to-end solutions for model development and monitoring[37]. - The company continues to invest resources in optimizing the CRM system to provide advanced and user-friendly technology for business management[38]. - The company is focusing on the development of AI and business intelligence technologies to accelerate adoption across various industries and regions[35]. Strategic Collaborations and Partnerships - The company is actively collaborating with industry talents to expand its customer network and enhance existing IT solutions[9]. - The company signed a non-binding memorandum of understanding with Autostereoscopic 3D Limited to explore collaboration combining proprietary AI technology and big data[24]. - The company has partnered with Jian Da (Hong Kong) Limited to offer comprehensive email security solutions, enhancing its service offerings in the IT market[32]. - The company is actively collaborating with various interested parties to promote the "Retail Booster" and AI products, which are expected to contribute to revenue in the future[38]. - The company entered into a share exchange agreement with Bonanza Goldfields Corp., exchanging 26,520,387 shares for 218,574,618 shares of Bonanza, valued at approximately HKD 3,580,252[18]. - The share exchange agreement aims to establish a strategic alliance with Bonanza, enhancing collaboration in AI, blockchain, and DOT technologies[19]. Financial Position and Equity - The company has experienced a significant improvement in its financial position during the reporting period[9]. - The total equity attributable to the owners of the company as of March 31, 2023, was HKD 274,823,000, a decrease from HKD 350,786,000 as of January 1, 2023, indicating a decline of approximately 22%[72]. - The company’s retained earnings as of March 31, 2023, were HKD 103,934,000, down from HKD 189,218,000 as of January 1, 2022, indicating a decrease of approximately 45%[72]. - The company has extended the maturity dates of loans totaling approximately HKD 58,012,000 to October 15, 2023, and September 2, 2023, respectively[30]. - The company completed a rights issue on April 11, 2022, issuing a total of 171,570,664 shares, with 115,027,076 shares allocated through provisional allotment and 56,543,588 shares through additional applications[15]. - The estimated net proceeds from the rights issue, after deducting related expenses, will be approximately HKD 24,710,000, with around HKD 23,000,000 allocated for the development of smart logistics and CRM systems[15]. - As of March 31, 2023, the company utilized approximately HKD 17,093,000 for R&D and related employee expenses for the smart logistics and CRM systems, and HKD 1,710,000 for general operating funds[16]. - The remaining net proceeds of approximately HKD 5,907,000 are expected to be fully utilized by the third quarter of 2023, delayed from the previously disclosed first quarter[16]. Share Capital and Options - The company’s share capital increased from HKD 3,431,000 on January 1, 2022, to HKD 5,147,000 on March 31, 2023, reflecting an increase of approximately 50%[72]. - The weighted average number of ordinary shares issued during the three months ended March 31, 2023, was 51,471,199, an increase from 34,314,132 shares in the same period of 2022, reflecting a growth of approximately 50%[67]. - A total of 4,125,149 stock options remain unexercised, representing 8.20% of the issued shares as of the report date[84]. - The maximum number of stock options granted to each participant under the 2012 stock option plan cannot exceed 1% of the issued shares as of the grant date[85]. - The exercise period for stock options granted on May 13, 2021, and June 16, 2022, lasts for 10 years, expiring on May 12, 2031, and June 15, 2032, respectively[86]. - The stock options granted have no vesting period or performance targets[93]. - The company has adopted a share option scheme to incentivize selected participants, with a total of 23,900,000 options granted in May 2021 and an additional 16,360,000 options granted in June 2022[80][81]. Corporate Governance - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15, except for the deviation regarding the roles of the Chairman and CEO being held by the same individual[100]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ended March 31, 2023, confirming compliance with applicable accounting standards and GEM Listing Rules[103]. - There were no changes in director information during the three months ended March 31, 2023[105]. - The board proposed a new share option scheme to be adopted at a special general meeting on May 15, 2023, following the expiration of the previous scheme[106].

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，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：08178） 二零二三年第一季度業績公告 中國信息科技發展有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司 截至二零二三年三月三十一日止三個月期間之未經審計業績。本公告列載本公司二零 二三年第一季度報告全文，乃符合香港聯合交易所有限公司GEM證券上市規則中有關季 度業績初步公告附載的資料之要求。本公司將於適當時候發送二零二三年第一季度報告 的印刷版本予本公司股東。 承董事會命 中國信息科技發展有限公司 主席兼行政總裁 黃景兆 香港，二零二三年五月九日 於本公告日期，董事會成員包括執行董事黃景兆先生（主席兼行政總裁）及張棋深先生； ...

Economic Impact - The company's operations were significantly impacted by strict COVID-19 control measures in Hong Kong and China, reflecting the overall market conditions [10]. - The actual GDP of Hong Kong decreased by 4.5% in Q3 2022 compared to the same period in 2021, indicating economic contraction [9]. - The overall economic environment remains volatile, with inflation pressures in capital and consumer markets expected to persist in the short term [11]. AI Market and Technology Development - The global AI market was valued at approximately $59.67 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 39.4%, reaching $422.37 billion by 2028 [9]. - The company anticipates continued demand for AI technologies, with expectations of significant opportunities in the AI market in 2023 [11]. - The company is actively seeking potential projects or collaborations to leverage opportunities in the AI sector [11]. - The company is currently in the optimization phase of AI products and conducting product concept validation [25]. - The AI Booster solution includes a simplified AI logistics and CRM system aimed at SMEs, providing real-time information sharing and personalized recommendations [41]. - The company has invested significant resources in developing the AI Booster solution to automate machine learning and enhance analytics, transforming complex data into actionable insights [41]. - The company plans to focus on developing IoT, AI, cloud, and other technologies to improve service efficiency for clients [48]. Financial Performance - The group’s revenue for 2022 was approximately HKD 62,957,000, a decrease of 4.7% from HKD 66,092,000 in 2021, primarily due to a decline in computer hardware and software sales from HKD 29,036,000 to HKD 14,728,000 [50]. - Gross profit for 2022 was approximately HKD 21,034,000, down from HKD 23,706,000 in 2021, reflecting a decrease of about HKD 2,672,000 due to economic downturn and increased costs without raising prices [53]. - The group recorded a loss attributable to owners of approximately HKD 82,295,000 in 2022, compared to HKD 90,326,000 in 2021, primarily due to fair value losses on investment properties and R&D expenses [61]. - The company reported a loss of approximately HKD 85,612,000 for the fiscal year ending December 31, 2022 [199]. - As of December 31, 2022, the company's net current liabilities amounted to approximately HKD 20,986,000, indicating significant uncertainty regarding the company's ability to continue as a going concern [199]. Investment and Funding - The company has increased investment in research and development (R&D) to enhance its internal R&D team and develop various solution services for different industries [10]. - The company raised approximately HKD 24,710,000 from a rights issue, with around HKD 23,000,000 allocated for R&D of smart logistics and CRM systems [25]. - The remaining net proceeds of approximately HKD 8,087,000 are intended for R&D of smart logistics and CRM systems, with expected full utilization by Q3 2023 [25]. - The company entered into a share exchange agreement with Bonanza Goldfields Corp., exchanging 26,520,387 shares valued at approximately HKD 3,580,252 (USD 459,007) for 218,574,618 shares of Bonanza [31][32]. - A loan agreement was established for a loan amount of RMB 50,000,000, with the company providing a corporate guarantee for the subsidiary's payment obligations [16]. Corporate Governance - The board consists of six members, including two executive directors and three independent non-executive directors, responsible for corporate strategy and risk management [156]. - The company has adopted high standards of corporate governance to protect the interests of shareholders and stakeholders [151]. - The nomination and remuneration committee evaluates the independence and contributions of independent non-executive directors annually [2]. - The company has implemented a code of conduct for directors' securities transactions, adhering to GEM listing rules [6]. - The independent non-executive directors' appointment terms are not fixed, and they must stand for re-election at the annual general meeting [10]. Shareholder and Market Activities - The rights issue was oversubscribed by approximately 18.46%, with a total of 203,244,024 shares applied for against 171,570,664 shares available [22]. - The board proposed a share consolidation, merging every ten existing shares into one share with a par value of HKD 0.1, to comply with GEM listing rules [35]. - The proposed share consolidation and change in trading unit were approved at the special general meeting on December 1, 2022 [36]. - Major shareholder Zhang Rong holds 10,352,499 shares, representing 20.11% of the company's issued share capital [134]. Legal and Compliance Matters - The company is actively seeking legal advice regarding ongoing litigation and assessing its potential impact on operations [29]. - The court dismissed the claims from the buyer's guarantor against the seller and the target company, ordering the buyer's guarantor to pay legal costs [29]. - The company has complied with all relevant laws and regulations impacting its business operations, with no significant violations reported during the review year [140]. Employee and Social Responsibility - The company’s commitment to employee development and workplace safety is crucial for attracting and retaining top talent [154]. - The company encourages stakeholder participation in environmental and social activities to benefit the community [143]. - The company is committed to maintaining the highest environmental and social standards to ensure sustainable business development [138].