致：香港交易及結算所有限公司 公司名稱: 高裕金融集團有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 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 | 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) | 08221 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 160,000,000 | HKD | | 0.5 | HKD | | 80,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 160,000,000 | HKD | | 0.5 | HKD | | 80,000,000 | 本月底法定/註冊股本總額： HK ...

Group 1 - The company announced that Mr. Huo Yutang has resigned as an executive director due to health reasons, effective from August 1, 2025 [1] - Mr. Huo will also no longer serve as the chairman of the board, a member of the remuneration committee, and a member of the nomination committee [1] - Executive director Xie Qingchun has been appointed as the chairman, effective from August 1, 2025 [1]

Core Viewpoint - Gao Yu Financial (08221) announced the resignation of Mr. Huo Yutang as Executive Director due to health reasons, effective from August 1, 2025 [1] Group 1 - Mr. Huo Yutang will no longer serve as Chairman of the Board, member of the Remuneration Committee, and member of the Nomination Committee [1] - Executive Director Xie Qingchun has been appointed as Chairman, effective from August 1, 2025 [1]

| | 董事委員會 | | | | --- | --- | --- | --- | | 董事 | 審核委員會 薪酬委員會 | | 提名委員會 | | 謝青純女士 | | M | M | | 霍潔儀女士 | | | M | | 陳凱媛女士 | M | M | C | | 唐永智先生 | C | M | M | | 關子臻先生 | M | C | M | 執行董事 謝青純女士 （主席） 霍潔儀女士 獨立非執行董事 陳凱媛女士 唐永智先生 關子臻先生 董事會共設立三個委員會。下表載列各董事會成員於該等委員會中所擔任的職位。 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：8221） 董事名單及其角色與職能 本公司董事會（「董事會」）成員載列如下。 附註： C： 相關董事委員會的主席 M： 相關董事委員會的成員 香港，二零二五年八月一日 ...

（ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：8221） (1)董事辭任； (2)主席變更； (3)董事委員會組成變動； 及 (4)授權代表變更 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 依賴該等內容而引致的任何損失承擔任何責任。 董事辭任 高裕金融集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事（「董事」）會（「董事 會」）謹此宣佈，霍玉堂先生因其健康原因，已辭任執行董事並將不再為董事會主席（「主席」）、 董事會薪酬委員會（「薪酬委員會」）成員及董事會提名委員會（「提名委員會」）成員，自二零 二五年八月一日起生效。 霍玉堂先生已確認彼與董事會並無任何意見分歧，亦無有關彼辭任之事宜須提請本公司股東 （「股東」）及香港聯合交易所有限公司（「聯交所」）垂注。 董事會謹藉此機會衷心感謝霍玉堂先生於任職期間對本公司所作出之寶貴貢獻。 授權代表變更 董事會進一步宣佈，霍玉堂先生根據聯交所GEM證券上市規則第5.24條已不再為本公司之授 權代表（「授權代表」 ...

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 依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：8221） 獨立內部控制審查的主要結果 誠如本公司日期為二零二四年十二月二十三日之公告所披露（「該公告」），貸款人（本公司的全 資附屬公司）與借款人訂立日期為二零二四年七月三十日的貸款協議，據此，貸款人授予借款 人120,000,000港元的常備融資。誠如該公告所進一步披露，董事會於本公司閱悉萬威在聯交 所網站刊發的日期為二零二四年十一月一日的公告時首次知悉貸款及貸款協議，因此本公司 並無根據上市規則及時披露事件。有關事件之進一步資料，請參閱該公告。 誠如本公司日期為二零二五年五月九日及二零二五年五月十六日之公告所進一步披露，本公 司已委聘內部控制顧問就本集團有關貸款交易、內部溝通、員工培訓及法定合規的內部控制 系統進行內部控制審查。 於二零二五年七月二十一日，內部控制顧問發出內部控制審查報告（「內部控制審查報告」）。 1 內部控 ...

Annual Report 年報 2025 Annual Report 年 報 2025 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the ...

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 依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：8221） 截至二零二五年三月三十一日止年度的 全年業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公 司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周 詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較在聯交所主板買賣之證 券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 本公告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而提供有關高裕金融集團有限公司 （「本公司」）的資料，本公司董事（「董事」）願共同及個別就此負全責。董事在作出一切合理查 詢後確認，就彼等所深知及確信，本公告所載資料在所有重大方面均屬準確完整，並無誤導或 欺詐成份 ...

Financial Performance - For the six months ended September 30, 2024, the total revenue was HK$17,934,000, an increase from HK$10,262,000 in the same period of 2023, representing a growth of approximately 74.9%[10]. - The loss before tax for the reporting period was HK$9,786,000, compared to a loss of HK$2,673,000 in the corresponding period of 2023, indicating a significant increase in losses[10]. - The total comprehensive loss for the period was HK$10,486,000, compared to HK$2,673,000 in the previous year, reflecting a year-over-year increase of approximately 292.5%[14]. - The company reported a basic loss per share of HK$0.52 for the six months ended September 30, 2024, compared to HK$0.13 in the same period of 2023[14]. - The Company reported a loss of HK$10,334 for the period, contributing to a total comprehensive loss of HK$10,486, compared to a loss of HK$2,663 in the same period of 2023[26]. Revenue Breakdown - The company reported a significant increase in commission income from securities dealing, which rose to HK$2,766,000 from HK$360,000 in the previous year, marking a growth of approximately 669.4%[10]. - Revenue from securities dealing and brokerage services was HK$2,766,000 for the six months ended September 30, 2024, compared to HK$360,000 in 2023, marking a significant increase of 669.4%[49]. - Revenue from placing and underwriting services reached HK$5,814,000, up from HK$345,000 in the previous year, indicating a growth of 1,584.1%[49]. - Revenue from contracts with customers was HK$10,229,000 for the six months ended September 30, 2024, compared to HK$1,097,000 in 2023, showing a growth of 831.5%[49]. - The company reported handling income of HK$846,000 for the six months ended September 30, 2024, compared to HK$212,000 in 2023, an increase of 299.1%[52]. Assets and Liabilities - As of September 30, 2024, total current assets amounted to HK$254,173,000, an increase from HK$217,700,000 as of March 31, 2024, representing a growth of approximately 16.7%[17]. - Total current liabilities increased to HK$110,080, up from HK$70,436 as of March 31, 2024, representing a 56.4% increase[21]. - Total equity attributable to owners of the Company decreased to HK$147,643 as of September 30, 2024, down from HK$152,707 as of March 31, 2024, a decline of 3.3%[25]. - Net current assets decreased slightly to HK$144,093 as of September 30, 2024, from HK$147,264 as of March 31, 2024, a decrease of 2.9%[21]. - The Company issued new ordinary shares resulting in a share capital increase to HK$23,800 as of September 30, 2024, from HK$20,000 as of March 31, 2024[25]. Cash Flow and Expenses - Net cash used in operating activities improved to HK$11,395 for the six months ended September 30, 2024, compared to HK$20,469 in the same period of 2023, a reduction of 44.4%[30]. - Cash and cash equivalents at the end of the period increased to HK$20,455, compared to HK$14,423 at the end of September 30, 2023, marking a 42.3% increase[30]. - Total expenses for the six months ended September 30, 2024, amounted to HK$6,754,000, an increase of 83.5% from HK$3,686,000 in 2023[60]. - The Group's other operating expenses totaled approximately HK$6,754,000, up from approximately HK$3,686,000 for the corresponding period[180]. Operational Developments - The company is focusing on expanding its service offerings, including advisory and restructuring services, which generated HK$160,000 in revenue during the reporting period[10]. - The Group provides eight types of services, including securities dealing, placing and underwriting, financing, asset management, supply chain financing, trust services, advisory services, and other services[43]. - The Group launched a new trading system and smartphone applications on February 26, 2024, aimed at enhancing user experience and reducing operational costs[144]. - The Group has obtained a trust license in Hong Kong in February 2024 and launched its trust business, completing the first phase of the online service platform in September 2024[168]. Client and Market Engagement - The Company plans to expand its placing and underwriting business by broadening its client base to include non-listed companies and high net worth individuals[150]. - The Group is committed to enhancing its infrastructure support and expanding its geographical footprint across the APAC region[163]. - The Group is actively expanding its supply chain financing business model to potentially include other consumable products such as red wines and watches[165]. - The Group expects a substantial increase in online transactions and brokerage income due to improvements in systems and client engagement strategies[144]. Financial Position and Ratios - The current ratio was approximately 2.3 times as of September 30, 2024, down from approximately 3.1 times as of March 31, 2024[185]. - The Group's gearing ratio was 17.8% as of September 30, 2024, slightly down from 18.4% as of March 31, 2024[190]. - Outstanding bank borrowings amounted to approximately HK$17,920,000 as of September 30, 2024, compared to HK$0 in the corresponding period[185]. Shareholder and Equity Information - The Group completed a placing of 380,000,000 new shares on September 17, 2024, at a price of HK$0.014 per share[123]. - The net proceeds from the placing of shares were approximately HK$5,270,000, fully utilized for general working capital by September 30, 2024[198]. - The Group's share capital increased to HK$23,800,000 as of September 30, 2024, from HK$20,000,000 as of March 31, 2024[122].

Revenue Performance - For the six months ended September 30, 2024, the total revenue was HKD 17,934,000, an increase of 74.8% compared to HKD 10,262,000 for the same period in 2023[3]. - Total revenue for the six months ended September 30, 2024, was HKD 17,934,000, compared to HKD 10,262,000 for the same period in 2023, representing a 74.1% increase[28]. - The income from placement and underwriting activities generated fees and commissions of approximately HKD 5,814,000, compared to HKD 345,000 in the corresponding period[75]. - The income from supply chain financing was approximately HKD 6,412,000, an increase from HKD 3,233,000 in the corresponding period[75]. Commission and Trading Income - Commission income from securities trading and brokerage services was HKD 2,766,000, up from HKD 360,000, representing a growth of 669.4%[3]. - Revenue from securities trading and brokerage services was HKD 2,766,000 for the six months ended September 30, 2024, up from HKD 360,000 in 2023, a significant increase of 669.4%[28]. - Commission income from securities trading and brokerage services increased by approximately 668.3% to about HKD 2,766,000, driven by an increase in active trading accounts from 129 to 181 and total trading value from approximately HKD 167,941,000 to HKD 1,421,987,000[75]. Interest Income - Interest income from loan financing and guarantee financing services decreased to HKD 1,691,000 from HKD 6,154,000, a decline of 72.5%[3]. - Interest income from margin financing services decreased to HKD 1,515,000 in 2024 from HKD 5,458,000 in 2023, a decline of 72.2%[28]. - Interest income from loan financing, margin financing, and financial lending services decreased by approximately 72.5% to about HKD 1,691,000 from approximately HKD 6,154,000 in the previous period[75]. Loss and Financial Performance - The net loss for the period was HKD 10,486,000, compared to a loss of HKD 2,673,000 in the previous year, indicating a deterioration in performance[3]. - The company reported a loss attributable to owners of HKD 10,486,000 for the six months ended September 30, 2024, compared to a loss of HKD 2,663,000 in 2023, indicating a worsening of 294.5%[34]. - The loss for the reporting period was approximately HKD 10,486,000, compared to a loss of HKD 2,673,000 in the corresponding period, primarily due to fair value changes of financial assets and impairment losses on receivables[79]. Assets and Liabilities - Total current assets increased to HKD 254,173,000 from HKD 217,700,000, reflecting a growth of 16.7%[5]. - Total current liabilities rose to HKD 110,080,000 from HKD 70,436,000, an increase of 56.4%[10]. - Non-current assets decreased to HKD 9,546,000 from HKD 11,591,000, a decline of 17.6%[5]. - The net current assets as of September 30, 2024, were approximately HKD 144,093,000, with cash and cash equivalents amounting to HKD 20,455,000[81]. - The current ratio as of September 30, 2024, was approximately 2.3 times, down from 3.1 times as of March 31, 2024[81]. Operational Developments - The company continues to focus on expanding its services in securities trading, asset management, and supply chain financing[22]. - The group launched a brand revitalization plan and a new trading system along with a smartphone application on February 26, 2024, aimed at enhancing customer experience and operational efficiency[63]. - The company has established three open-end fund companies to expand its asset management services[67]. - The company has officially launched its trust services and is actively recruiting frontline staff to accelerate business development[71]. - The company aims to enhance its placement and underwriting business by expanding its industry network and targeting a broader client base, including non-listed companies and high-net-worth individuals[64]. - The company plans to explore extending its supply chain financing business model to cover other consumer products based on potential client demand[70]. Impairment and Provisions - The company recorded a provision for impairment of accounts receivable amounting to HKD 19,936,000 as of September 30, 2024, compared to HKD 11,513,000 as of March 31, 2024, indicating a rise of 73.7%[36]. - The group reported a loss provision for receivables from loan financing of HKD 11,513,000 as of September 30, 2024, unchanged from March 31, 2024, after an increase of HKD 1,831,000 during the reporting period[42]. - The group has established a policy for impairment provisions based on assessments of recoverability, including current creditworthiness and collateral of clients[42]. Shareholder Information - Basic loss per share was HKD 0.52, compared to a loss of HKD 0.13 per share in the same period last year[3]. - The weighted average number of ordinary shares for calculating basic loss per share was 2,029,071,038 for the six months ended September 30, 2024, compared to 2,000,000,000 in 2023[34]. - The company issued and paid up 2,380,000,000 ordinary shares as of September 30, 2024[82]. - The company completed a share placement on September 17, 2024, raising approximately HKD 5,320,000, with a net amount of approximately HKD 5,200,000 after expenses[84]. Future Outlook - The company has not provided any guidance or outlook for future performance in the current report[27]. - The group anticipates significant growth in online trading and brokerage income due to improvements in the trading system and efforts to attract new customers[63]. - The group aims to expand its VIP client base to further increase revenue and enhance brand awareness in the market[63]. Corporate Governance - The audit committee has been established in accordance with GEM Listing Rules 5.28 and 5.29, consisting of three independent non-executive directors[108]. - The board of directors comprises six members, including three executive directors and three independent non-executive directors[109]. - The interim report for the reporting period will be available on the company's and the stock exchange's respective websites[109].