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。 Shanyu Group Holdings Company Limited (cid:9282)(cid:22419)(cid:25988)(cid:9686)(cid:12901)(cid:20319)(cid:13767)(cid:25870)(cid:8234)(cid:8886) （前稱照現生態國際控股有限公司Zhao Xian Business Ecology International Holdings Limited） （於開曼群島註冊成立的有限公司） （股份代號：8245） 截至2023年9月30日止六個月 中期業績 善裕集團控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附 屬公司（統稱「本集團」）截至2023年9月30日止六個月之未經審核簡明綜合業績 （「中期業績」）。本公告載列本集團截至2023年9月30日止六個月的中期報告全 文，其內容乃根據香港聯合交易所有限公司G ...

Revenue Performance - For the three months ended June 30, 2023, the company's revenue was approximately HKD 9.4 million, a decrease of about 78.9% compared to approximately HKD 44.3 million for the same period in 2022[9] - Revenue from baby monitor products increased significantly from approximately HKD 2,000 to HKD 5.9 million, reflecting a growth of 294,400%[12] - Revenue from two-way radios decreased by approximately 87.6% from HKD 21.1 million to HKD 2.6 million due to reduced demand[20] - For the three months ended June 30, 2023, the company reported revenue of HKD 9,369,000, a decrease of 78.8% compared to HKD 44,340,000 for the same period in 2022[53] - The company’s revenue from the two-way radio segment was HKD 447,000, while the baby monitor segment generated HKD 709,000 for the three months ended June 30, 2023[75] - The revenue from plastic products increased approximately 100% to HKD 0.6 million for the three months ending June 30, 2023, attributed to contributions from a newly acquired subsidiary[151] Profit and Loss - The loss attributable to the company's owners for the three months ended June 30, 2023, was approximately HKD 0.2 million, compared to a loss of approximately HKD 3.9 million for the same period in 2022[29] - The basic and diluted loss per share for the three months ended June 30, 2023, was approximately HKD 0.03, compared to HKD 0.55 for the same period in 2022[9] - The gross profit for the same period was HKD 1,503,000, significantly up from HKD 54,000 in the previous year[53] - The company incurred a loss before tax of HKD 109,000, a substantial improvement from a loss of HKD 3,939,000 in the prior year[53] - The net loss for the period was HKD 186,000, compared to a net loss of HKD 3,939,000 in the same quarter of 2022[54] - The company reported an unaudited consolidated loss of HKD 186,000 for the three months ended June 30, 2023, compared to a loss of HKD 3,939,000 for the same period in 2022[66] - The company’s total comprehensive income for the three months ended June 30, 2023, was HKD (179,000), compared to HKD (12,232,000) for the same period in 2022[66] Cost Management - Administrative expenses decreased from approximately HKD 4.3 million to approximately HKD 2.1 million, primarily due to reduced salary expenses[28] - Administrative expenses decreased to HKD 2,108,000 from HKD 4,312,000 year-over-year, indicating improved cost management[53] - For the three months ended June 30, 2023, the cost of inventory recognized as an expense was HKD 7,866 thousand, a decrease of 79% from HKD 37,439 thousand for the same period in 2022[92] - Employee benefits expenses, including depreciation, amounted to HKD 1,413 thousand, down 47% from HKD 2,658 thousand in the previous year[92] - Interest expenses on bank and other borrowings for the three months ended June 30, 2023, were HKD 76 thousand, down 18% from HKD 93 thousand in the same period of 2022[93] Corporate Governance and Compliance - The company maintained compliance with all corporate governance codes during the three-month period ending June 30, 2023[46] - The company has adopted the GEM Listing Rules as the code of conduct for securities trading by directors, ensuring compliance with trading standards[59] - The company’s audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial results for the quarter[64] Future Plans and Investments - The company plans to continue investing in new product lines and exploring new customer and sales channels to diversify revenue sources[23] - The company has no immediate plans for significant investments or capital assets as of the report date[36] - The company plans to maintain its stock option scheme for a period of 10 years, with options granted during this period remaining exercisable according to their terms[130] Shareholder Information - The company did not recommend the payment of any dividends for the three months ended June 30, 2023[30] - No dividends were recommended for the three months ended June 30, 2023, consistent with the previous year[113] - The company did not redeem any shares during the three months ended June 30, 2023[124] - The weighted average number of ordinary shares used to calculate basic and diluted loss per share was 718,136 thousand for the three months ended June 30, 2023, compared to 712,136 thousand in the previous year[110] Financial Position - As of June 30, 2023, the total equity attributable to owners of the company was HKD (5,882,000), a decrease from HKD (28,051,000) as of June 30, 2022[66] - The company’s accumulated losses increased to HKD (164,486,000) as of June 30, 2023, from HKD (141,939,000) a year earlier[66] - The company’s foreign exchange reserve showed a slight improvement, with a balance of HKD (1,285,000) as of June 30, 2023, compared to HKD (3,920,000) in the previous year[66] - The company’s capital reserve as of June 30, 2023, was HKD 1,465,000, consistent with the previous year[66] Market Conditions - The company will continue to monitor the impact of COVID-19 and trade wars on its financial condition and operational performance[25] - The company reported no significant post-reporting date events after June 30, 2023[117]

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。 Shanyu Group Holdings Company Limited (cid:9282)(cid:22419)(cid:25988)(cid:9686)(cid:12901)(cid:20319)(cid:13767)(cid:25870)(cid:8234)(cid:8886) （前稱照現生態國際控股有限公司Zhao Xian Business Ecology International Holdings Limited） （於開曼群島註冊成立的有限公司） （股份代號：8245） 截至二零二三年六月三十日止三個月 第一季度業績 善裕集團控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附 屬公司（統稱「本集團」）截至二零二三年六月三十日止三個月之未經審核簡明 綜合業績（「第一季度業績」）。本公告載列本集團截至二零二三年六月三十日 止三個月之第一季度報告全文，內容乃根據香港聯合交易所 ...

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。 Zhao Xian Business Ecology International Holdings Limited (cid:16421)(cid:17084)(cid:17373)(cid:12297)(cid:9673)(cid:25945)(cid:12901)(cid:20319)(cid:13767)(cid:25870)(cid:8234)(cid:8886) （於開曼群島註冊成立的有限公司） （股份代號：8245） 截至二零二三年三月三十一日止年度業績 照現生態國際控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度之經審核綜 合業績（「年度業績」）。本公告載列本集團截至二零二三年三月三十一日止年 度之年報全文，內容乃根據香港聯合交易所有限公司GEM證券上市規則（分別 為「GEM」及「GEM上市規則」）之相關披露規定編製 ...

1 照現生態國際控股有限公司 2022/23年報 本報告的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關照現生態國際控股有限 公司（「本公司」）的資料；本公司的董事（「董事」）願就本報告的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，本報告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無 遺漏任何事項，足以令致本報告或其所載任何陳述產生誤導。 | --- | --- | |-------|--------------------------| | | | | 3 | 公司資料 | | 4 | 董事會聲明 | | 6 | 管理層討論及分析 | | 10 | 董事履歷詳情 | | 12 | 企業管治報告 | | 23 | 董事會報告 | | 29 | 獨立核數師報告 | | 33 | 合併損益及其他全面收益表 | | 34 | 合併財務狀況表 | | 36 | 合併權益變動表 | | 37 | 合併現金流量表 | | 39 | 合併財務報表附註 | | 106 | 財務概要 | 董事會聲明 於財政年度內，董事會已成功重新設計其業務模式，於 ...

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。 Zhao Xian Business Ecology International Holdings Limited (cid:16421)(cid:17084)(cid:17373)(cid:12297)(cid:9673)(cid:25945)(cid:12901)(cid:20319)(cid:13767)(cid:25870)(cid:8234)(cid:8886) （於開曼群島註冊成立的有限公司） （股份代號：8245） 截至二零二三年三月三十一日止年度業績 照現生態國際控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及 其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度之經審核綜 合業績（「年度業績」）。本公告載列本集團截至二零二三年三月三十一日止年 度之年報全文，內容乃根據香港聯合交易所有限公司GEM證券上市規則（分別 為「GEM」及「GEM上市規則」）之相關披露規定編製 ...

Financial Performance - The company's revenue for the nine months ended December 31, 2022, was approximately HKD 68.2 million, a significant decrease of about 22.6% compared to approximately HKD 88.1 million for the same period in 2021[40]. - The profit attributable to owners for the nine months ended December 31, 2022, was approximately HKD 2.3 million, compared to a loss of approximately HKD 34 million for the same period in 2021[40]. - The basic and diluted loss (earnings) per share for the nine months ended December 31, 2022, was approximately HKD 0.34, compared to a loss of HKD 5.68 for the same period in 2021[40]. - For the nine months ended December 31, 2022, total revenue was HKD 68,166,000, a decrease of 22.6% from HKD 88,056,000 for the same period in 2021[43]. - The company recorded a net profit of HKD 2,341,000 for the nine months ended December 31, 2022, compared to a net loss of HKD 33,981,000 for the same period in 2021[84]. - The total comprehensive income for the nine months ended December 31, 2022, was HKD 6,263,000, a significant improvement from a total comprehensive loss of HKD 33,547,000 in the previous year[84]. - The company reported a foreign exchange gain of HKD 3,922,000 for the nine months ended December 31, 2022, compared to a gain of HKD 434,000 in the same period of 2021[83]. - The gross profit for the nine months ended December 31, 2022, was HKD 10,285,000, significantly up from HKD 720,000 in the previous year, indicating a substantial recovery[83]. Revenue Breakdown - Revenue from two-way radios decreased by approximately 51.3% to about HKD 32 million for the nine months ended December 31, 2022, from approximately HKD 65.8 million for the same period in 2021[40]. - Revenue from baby monitors decreased by approximately 82.5% to about HKD 100,000 for the nine months ended December 31, 2022, from approximately HKD 600,000 for the same period in 2021[40]. - Revenue from other products increased by approximately 59.1% to about HKD 34.5 million for the nine months ended December 31, 2022, from approximately HKD 21.7 million for the same period in 2021, driven by increased demand and a rise in procurement orders[40]. - The two-way wireless intercom revenue dropped significantly by 51.3% to HKD 32,034,000, down from HKD 65,778,000 in the previous year[43]. - Sales revenue from two-way radios was HKD 8,026 thousand for the three months ended December 31, 2022, down 76.0% from HKD 33,500 thousand in the same period of 2021[100]. - Service sales amounted to HKD 1,523 thousand for the nine months ended December 31, 2022, compared to no service sales reported in the same period of 2021[100]. Cost Management - Gross profit margin improved to 15.1% for the nine months ended December 31, 2022, compared to 0.8% for the same period in 2021, due to effective cost control measures[48]. - Sales and distribution expenses decreased by approximately 81.8% to HKD 200,000 from HKD 1,100,000 in the previous year, primarily due to reduced transportation and certification costs[49]. - Administrative expenses were reduced by approximately 72.2% to HKD 9,300,000 from HKD 33,500,000, mainly due to lower R&D and employee costs[51]. - The company’s employee benefit expenses for the nine months ended December 31, 2022, were HKD 5,592 thousand, a decrease from HKD 26,765 thousand in the same period of 2021[111]. - The financing costs for the nine months ended December 31, 2022, were HKD 278,000, a reduction from HKD 376,000 in the same period of 2021[83]. Strategic Initiatives - The company plans to continue diversifying revenue sources and seeking new products and sales channels to enhance business growth[45]. - The company will continue to outsource part of its production and operational activities to reduce fixed costs and improve flexibility[47]. - The company is focused on expanding its market presence in the two-way radio and communication device sectors, with ongoing investments in product development and technology[88]. - The company aims to enhance its operational efficiency and profitability through strategic cost reductions and potential acquisitions in the communication technology space[88]. Corporate Governance - The company has adopted the GEM Listing Rules and has complied with the corporate governance code throughout the nine months ending December 31, 2022[70]. - The company has maintained high standards of corporate governance and business ethics during the reporting period[70]. - The company is committed to ensuring shareholder interests and maintaining high levels of corporate governance standards[70]. - No significant contracts were identified where directors had a direct or indirect interest during the nine months ending December 31, 2022[70]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial results for the third quarter[81]. - There were no purchases, sales, or redemptions of the company's listed securities during the nine months ending December 31, 2022[77]. - The company did not recommend any dividend for the nine months ended December 31, 2022, consistent with the previous year[118]. Shareholder Information - As of December 31, 2022, major shareholders include Solution Smart Holdings Limited with 112,589,600 shares, representing 18.81% ownership[65]. - Wang Mingjun holds 113,636,364 shares, accounting for 15.82% of the company's equity[65]. - A total of 3,200,000 share options were granted to four employees on November 24, 2022, allowing them to subscribe for 48,000,000 new ordinary shares[79]. - The weighted average number of ordinary shares issued increased to 681,053 thousand for the nine months ended December 31, 2022, from 598,500 thousand in the same period of 2021, reflecting an increase in share capital[117]. Post-Reporting Events - No significant events occurred after December 31, 2022, up to the report date[82]. - The company reported no significant post-reporting date events from December 31, 2022, until the report date[122].

Zhao Xian Business Ecology International Holdings Limited 照現生態國際控股有限公司 (前稱安悅國際控股有限公司) (於開曼群島註冊成立的有限公司) (股份代號：8245) CA 翡 期 t 音 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於聯交所主 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。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，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報告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。 本報告的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在 提供有關照現生態國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 的資料；本公司的 ...

Financial Performance - For the three months ended June 30, 2022, the company's revenue was approximately HKD 44.3 million, a significant increase of about 60.8% compared to approximately HKD 27.6 million for the same period in 2021[34]. - The loss attributable to owners for the three months ended June 30, 2022, was approximately HKD 3.9 million, compared to a loss of approximately HKD 4.5 million for the same period in 2021[34]. - Basic and diluted loss per share for the three months ended June 30, 2022, was approximately HKD 0.55, an improvement from HKD 0.75 for the same period in 2021[34]. - The total revenue for the three months ended June 30, 2022, was HKD 44,340,000, representing a 60.8% increase from HKD 27,583,000 for the same period in 2021[40]. - The group reported revenue of HKD 44,340,000 for the three months ended June 30, 2022, an increase of 60.6% compared to HKD 27,583,000 in the same period of 2021[76]. - The group incurred a loss before tax of HKD 3,939,000, an improvement from a loss of HKD 4,493,000 in the previous year[76]. - The total comprehensive loss for the period was HKD 12,232,000, compared to HKD 3,951,000 in the same period last year[78]. - The company recorded a consolidated net loss of approximately HKD 3,939,000 for the three months ended June 30, 2022[87]. Revenue Breakdown - The revenue from two-way radios increased by approximately 39.9% to about HKD 21.1 million for the three months ended June 30, 2022, compared to approximately HKD 15.1 million for the same period in 2021[38]. - Revenue from baby monitors decreased by approximately 99.4% to about HKD 2,000 for the three months ended June 30, 2022, down from approximately HKD 0.3 million for the same period in 2021[38]. - Revenue from other products increased by approximately 90.7% to about HKD 23.3 million for the three months ended June 30, 2022, compared to approximately HKD 12.2 million for the same period in 2021[38]. - The revenue from two-way radios was HKD 21,063,000, accounting for 47.5% of total revenue, up 39.9% from HKD 15,054,000 in the previous year[40]. - The revenue from other products increased by 90.7% to HKD 23,275,000, which constituted 52.5% of total revenue[40]. Cost and Profitability - The gross profit margin significantly decreased from 4.2% to 0.1%, with the cost of sales rising from approximately HKD 26.4 million to HKD 44.3 million, a 67.6% increase[45]. - Gross profit for the same period was HKD 54,000, a significant decrease from HKD 1,164,000 year-on-year[76]. - The company reported a significant increase in inventory costs, which rose to HKD 37,439,000 for the three months ended June 30, 2022, compared to HKD 18,516,000 in the same period of 2021, indicating increased operational activity[105]. Corporate Actions - The board of directors did not recommend the payment of any dividend for the three months ended June 30, 2022, consistent with the previous year[34]. - A 100% equity acquisition of 富鏘海外有限公司 was completed for HKD 15,000,000 on June 24, 2022, enhancing the company's product offerings in the OEM, ODM, and OBM sectors[50]. - The company issued 6,000,000 new shares at a price of HKD 0.230 per share, completing the placement on July 8, 2022[52]. - The company completed the acquisition of 100% of the issued shares of Fuchang Overseas Limited for HKD 15 million on June 24, 2022, which is expected to diversify its product offerings[88]. - The total cost of the acquisition was settled by issuing 113,636,364 shares at HKD 0.132 per share, reflecting a strategic move to strengthen the company's capital structure[121]. Future Plans and Strategies - The company plans to diversify revenue sources and seek new products while leveraging existing sales channels and networks[42]. - The company aims to continue developing new product lines and exploring new customer and sales channels in the coming year[42]. - The company is actively seeking opportunities to diversify its revenue sources through collaboration with a partner to develop a sales network and value-added services for Internet System 5.0 G in China[89]. - The company aims to enhance its financial position by completing potential fundraising activities, including issuing convertible bonds and further placements[89]. Compliance and Governance - The company maintained compliance with all corporate governance codes during the reporting period[66]. - The audit committee reviewed the unaudited financial results for the three months ended June 30, 2022[72]. Financial Position - As of June 30, 2022, the company's net liabilities amounted to approximately HKD 25,284,000, raising significant doubts about its ability to continue as a going concern[87]. - The company’s total equity as of June 30, 2022, was approximately HKD (25,283,000), reflecting a decrease from HKD (28,051,000) as of April 1, 2022[80]. - The company’s accumulated losses increased to HKD (141,939,000) as of June 30, 2022, compared to HKD (138,000,000) as of April 1, 2022[80]. Other Income and Expenses - The group reported other income of HKD 149,000, a decrease from HKD 235,000 in the previous year[76]. - Other income for the three months ended June 30, 2022, totaled HKD 149,000, down from HKD 235,000 in the same period of 2021, reflecting a decrease of 36.6%[102]. - The acquisition-related costs of approximately HKD 50,000 were excluded from the consideration transferred and recognized as expenses during the period[123].

Financial Performance - The company reported audited consolidated results for the fiscal year ending March 31, 2022[9]. - The company's revenue decreased by approximately 49.7%, from about HKD 250,600,000 for the year ended March 31, 2021, to about HKD 126,200,000 for the year ended March 31, 2022[19]. - Revenue from two-way radios dropped by about 50.4%, from approximately HKD 187,400,000 to about HKD 92,900,000 during the same period[19]. - Revenue from baby monitors decreased by approximately 69.0%, from about HKD 3,300,000 to about HKD 1,000,000[19]. - The company's service business revenue fell by 100%, from approximately HKD 7,700,000 to zero, due to the absence of electronic manufacturing services[19]. - Gross profit margin declined from approximately 2.3% for the year ended March 31, 2021, to about -17.2% for the year ended March 31, 2022[25]. - The company recorded a loss of HKD 60,400,000 for the year ended March 31, 2022, compared to a loss of HKD 34,600,000 for the previous year[28]. - The company reported a loss attributable to owners of approximately HKD 60.447 million for the year ending March 31, 2022[158]. - The company reported a net loss of HKD 60,447,000 for the year, which is an increase of 74.8% from a net loss of HKD 34,586,000 in 2021[171]. - Basic and diluted loss per share was HKD 10.10, compared to HKD 5.78 in the previous year[171]. - Total revenue for the year ended March 31, 2022, was HKD 126,181,000, a decrease of 49.6% compared to HKD 250,599,000 in 2021[171]. - The company recorded a gross loss for the year of HKD 21,756,000, compared to a gross profit of HKD 5,813,000 in the previous year[171]. Corporate Governance - The board confirmed that the information provided in the announcement is accurate and complete, with no misleading elements[3]. - The board of directors is responsible for the accuracy of the report and has confirmed that all reasonable inquiries were made[3]. - The company has committed to adhering to corporate governance codes and is actively working towards compliance[76]. - The board has fulfilled its corporate governance responsibilities as of the report date[81]. - The company has adopted a board diversity policy to ensure a balanced skill set, experience, and diverse perspectives among board members, which will be reviewed annually[82]. - The Audit Committee was established on September 16, 2015, and held 4 meetings during the year to review the group's financial statements and internal control systems[86]. - The Remuneration Committee, also established on September 16, 2015, reviewed the remuneration of directors and senior management, finding it fair and reasonable for the fiscal year ending March 31, 2022[89]. - The Nomination Committee, established on September 16, 2015, held 1 meeting during the year to review the composition of the board and recommend reappointments of retiring directors[94]. - The company has established policies and procedures to ensure compliance with legal and regulatory requirements[79]. - The company ensures that all board committees have sufficient resources to fulfill their duties and can seek independent professional advice when necessary[83]. Changes in Management - The company has undergone several changes in its board of directors, with multiple resignations and appointments in 2022[7]. - The company is currently seeking suitable candidates for the roles of chairman and chief executive officer, following the resignation of the previous chairman on April 1, 2022[76]. - The board held a total of 5 meetings during the year, with all directors attending 100% of the meetings[70]. - The audit committee conducted 4 meetings, with all independent non-executive directors attending 100% of the meetings[70]. - The company has three independent non-executive directors, with at least one possessing appropriate financial management expertise[74]. Financial Position - The company's short-term borrowings and lease liabilities decreased to approximately HKD 5.9 million from HKD 15.9 million as of March 31, 2021, a reduction of about HKD 10 million[35]. - The net current asset value decreased from approximately HKD 25.5 million in 2021 to a net current liability of approximately HKD 28.3 million in 2022, primarily due to operational funding needs and increased trade payables[35]. - The company's cash and bank balances were approximately HKD 7.9 million as of March 31, 2022, down from HKD 11.8 million in 2021, a decrease of about HKD 3.9 million[35]. - The debt-to-equity ratio as of March 31, 2022, was approximately -19.9%, a significant decrease from 50.2% in 2021, mainly due to losses incurred during the year[36]. - The company reported a reserve available for distribution of approximately zero HKD as of March 31, 2022, down from approximately 16,581,000 HKD in 2021[122]. - Current liabilities and net liabilities as of March 31, 2022, were approximately HKD 28.27 million and HKD 28.051 million, respectively[158]. - The company's equity attributable to owners decreased to HKD (28,114,000) from HKD 30,994,000, indicating a negative shift in equity[179]. - Total assets decreased to HKD 56,062,000 from HKD 81,313,000 in 2021, reflecting a decline of 30.9%[175]. Future Plans and Strategies - The company plans to continue investing in R&D for new product lines and seek new customers and sales channels[12]. - The company aims to diversify its revenue sources and enhance its product portfolio to drive future growth[12]. - The company is considering outsourcing some production processes to Vietnam and Malaysia to mitigate the impact of trade tensions and tariffs[19]. - The company is negotiating a partnership to develop a sales network and value-added services for Internet System 5.0 G in China[50]. - The board believes that the acquisition is a good opportunity to expand current business and diversify products[51]. - The board is actively seeking opportunities to diversify revenue sources in light of negotiations with partners[51]. - After the completion of the placement and potential fundraising activities, the board believes the company's financial position will strengthen in the next fiscal year[51]. Shareholder Information - Major shareholders include Solution Smart Holdings Limited with 112,589,600 shares (18.81%) and SMK Investment Company Limited with 90,997,600 shares (15.20%) as of March 31, 2022[138]. - The company has confirmed a minimum of 25% public float in accordance with GEM listing rules[150]. - The company has not made significant changes to its articles of association during the year[107]. - The company maintains open communication channels with shareholders, including annual general meetings and various announcements[106]. - The company is committed to timely and accurate disclosure of information to ensure informed decision-making by shareholders and the public[113]. Audit and Compliance - The external auditor, KPMG, was reappointed for the fiscal year ending March 31, 2022, with audit fees amounting to HKD 420,000[102]. - The independent auditor's report indicates a lack of sufficient evidence to provide an opinion on the financial statements due to uncertainties affecting the company's going concern status[157]. - The Audit Committee has no disagreements with the board regarding the financial statements for the fiscal year ending March 31, 2022[86]. - The company has established a robust internal control system to safeguard assets and shareholder interests, with regular reviews to ensure effectiveness[99]. - The board is responsible for preparing true and fair consolidated financial statements in accordance with Hong Kong Financial Reporting Standards[98].