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蓝港互动(08267) - 2023 - 年度业绩
2023-10-13 10:46
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。 Linekong Interactive Group Co., Ltd. 藍 港 互 動 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:8267) 有關二零二二年年報之 補充公告 茲提述藍港互動集團有限公司(「本公司」)於二零二三年三月三十一所刊發截 至二零二二年十二月三十一日止年度之年度報告(「二零二二年年報」)。除非 文義另有所指,否則本公告所用詞彙與二零二二年年報所界定者具有相同涵義。 除二零二二年年報所載董事會報告「股份獎勵計劃及購股權計劃」一節的披露 資料外,董事有意向本公司股東及潛在投資者提供有關股份獎勵計劃及購股 權計劃之詳情如下: (i) 於報告期內,緊接受限制股份單位獲行使及╱或歸屬當日前,受限制股份 單位之加權平均收市價為每股股份0.2384港元; (ii) 受限制股份單位計劃的餘下年期為二零二二年年報日期起計一年; ...
蓝港互动(08267) - 2023 - 中期财报
2023-08-14 09:46
Game Development and Publishing - The group has initiated testing for mobile game projects including "Naughty Heaven 1 Remake," "Naughty Heaven 2," and "Ys VIII," with a focus on enhancing user engagement and game quality[9]. - The historical registered users for "Naughty Heaven 1" exceed 20 million, capturing a significant share of the light competitive MOBA market[13]. - The group has launched "Wild Era" in Thailand on June 15, 2023, and maintains stable operations and product updates for "The Sailing Road" in South Korea, contributing to revenue[9]. - The mobile game "Ys: Dream of the Night" has entered the final optimization stage and is expected to launch in August 2023 after a global strategic cooperation with Bilibili[14]. - The MMORPG "Wild Era" was launched in Thailand on June 15, 2023, with plans for promotion in August, aiming to provide a new experience for players[14]. - The AVG+RPG female-oriented mobile game "Zhen Huan Chuan: Floating Life Dream" has completed version testing and is expected to launch by the end of 2023[14]. - The game "The Road to the Ocean" continues stable operations in South Korea, with two major updates planned for this year, including new professions and legendary ships[14]. - The group is enhancing its game publishing strategy and expanding market exploration in overseas regions[9]. - The group has applied advanced technologies such as ChatGPT and AIGC in the development and marketing of "Naughty Heaven 2," aiming to launch independent AI applications in the future[9]. Financial Performance - The company's revenue increased by approximately 120.5% from about RMB 44.7 million for the six months ended June 30, 2022, to about RMB 98.5 million for the six months ended June 30, 2023[25]. - Game business revenue contributed approximately RMB 47.0 million, a 26.3% increase or RMB 9.8 million compared to the same period in 2022, primarily due to the exclusive global release of "Ys: The Oath in Felghana" by Bilibili[27]. - The film and television business generated approximately RMB 51.5 million, a significant increase of 12,065% or RMB 51.1 million compared to about RMB 0.4 million in the same period last year, mainly due to revenue from "More Than You Like"[28]. - The company's total cost for the six months ended June 30, 2023, was approximately RMB 76.2 million, an increase of about 145.8% from approximately RMB 31.0 million in the same period in 2022[29]. - Gross profit for the six months ended June 30, 2023, was approximately RMB 22.3 million, a 63.2% increase from about RMB 13.7 million in the same period last year[30]. - The gross profit margin decreased to approximately 22.6% from about 30.6% in the same period last year, primarily due to the recognition of full costs related to the film "More Than You Like"[30]. - The company's operating loss for the six months ended June 30, 2023, was approximately RMB 12.2 million, an improvement from an operating loss of about RMB 24.5 million in the same period in 2022[34]. - The adjusted net loss for the six months ended June 30, 2023, was approximately RMB 8.0 million, a decrease of 62.4% compared to RMB 21.3 million for the same period in 2022[38]. - The company reported a net loss of RMB 12,868 thousand for the six months ended June 30, 2023, compared to a net loss of RMB 33,770 thousand for the same period in 2022, showing a reduction in losses of approximately 61.9%[104]. Investment and Asset Management - The group is actively exploring Web3 opportunities and has established LK Venture to enter the virtual asset investment market, optimizing asset allocation[11]. - In Q2 2023, the group purchased 33.1273 units of Bitcoin in the public market to achieve asset preservation and appreciation[11]. - The company has purchased 33.1273 units of Bitcoin as part of its asset allocation strategy, recognizing the long-term value of virtual assets[22]. - The establishment of LK Venture aims to enter the Web3 and virtual asset investment market, focusing on blockchain technology and innovative projects[22]. - The company plans to leverage insights into emerging Web3 technologies and virtual asset markets to achieve diversified asset allocation and value preservation[23]. - The group has launched a new Web3 game platform NAGA, featuring over 3,000 Web3 games and various user services, with further developments planned[19][20]. Strategic Focus and Future Plans - The group is committed to deepening its strategic investment in game and film sectors, aiming for long-term sustainable growth[9]. - The company plans to continue focusing on IP expansion, female-oriented and casual games, and Web3 initiatives in the second half of 2023[24]. - The group is collaborating with Tencent Video for a custom drama based on the S-level IP "Falling into Our Love," expected to start production in Q4 2023[10]. - The group is focusing on the production of high-quality IP dramas, with several projects in the pipeline, including "The Love of Our Lives" and "Ancient Music Wind and Flower Record" expected to start production soon[10]. - The company plans to pursue potential strategic acquisitions or investments in companies engaged in gaming and related businesses, with a focus on the film and television industry[53]. Shareholder and Equity Information - As of June 30, 2023, the company has a total of 367,974,964 issued shares[59]. - Mr. Wang Feng holds a 21.53% equity interest in the company through Wangfeng Management Limited, which directly owns 66,576,160 shares[57]. - Major shareholder Zhu Li holds 21.53% of the company's shares, amounting to 79,216,540 shares[65]. - Wangfeng Management Limited, a beneficial owner, holds 18.09% of the company's shares, totaling 66,576,160 shares[65]. - The company has a 9.47% ownership in shares held by Huiju Trust Co., Ltd., totaling 34,839,317 shares[68]. - IDG-Accel China Growth Fund L.P. holds 6.27% of the company's shares, amounting to 23,061,443 shares[68]. Employee Compensation and Stock Options - The company has adopted stock option and restricted share unit plans to incentivize directors and eligible personnel, reflecting a commitment to human resource development[48]. - The company has not declared an interim dividend for the six months ending June 30, 2023[55]. - The company has not issued any restricted share units or canceled any during the six months ending June 30, 2023[72]. - The company has a stock option plan approved on November 20, 2014, with various grants made at exercise prices ranging from HKD 0.65 to HKD 8.10[85]. - The company’s stock option plan is designed to incentivize employees and align their interests with shareholders[85]. - The total number of restricted share units granted to key personnel as of June 30, 2023, is 10,317,355[75]. Corporate Governance and Compliance - The audit committee has reviewed the unaudited interim financial results for the six months ending June 30, 2023, confirming the accounting principles adopted by the company[56]. - The board believes that the dual role of the chairman and CEO held by Mr. Wang since February 26, 2023, enhances strategic consistency despite a deviation from the code[97]. - The audit committee, established on April 24, 2014, is chaired by an independent non-executive director, ensuring compliance with GEM listing rules[98]. - The company has adhered to the corporate governance code as stipulated in the GEM listing rules during the reporting period[96]. Financial Risk and Asset Valuation - The group’s financial risk factors include market risk, credit risk, and concentration risk[119]. - The fair value estimation methods used for financial instruments are based on observable market data to minimize reliance on entity-specific estimates[123]. - The company utilized a discounted cash flow model for fair value estimation, with a discount rate range of 20% to 23%[131]. - The revenue compound annual growth rate (CAGR) used in the valuation was estimated at 6%[131]. - The fair value of the company's investments in joint ventures decreased from RMB 35,303,000 to RMB 22,245,000, representing a decline of 37%[128]. Discontinued Operations and Other Financial Information - The company sold its food business in December 2022, which is now classified as a discontinued operation[136]. - The company reported a total loss from discontinued operations of RMB 1,330,000 for the six months ended June 30, 2022, with no revenue generated from this segment[175]. - The company reported a net reversal of impairment losses on receivables of RMB 745,000 for the six months ended June 30, 2023, compared to a net loss of RMB 51,000 in the same period of 2022[169].
蓝港互动(08267) - 2023 - 中期业绩
2023-08-14 09:39
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。 Linekong Interactive Group Co., Ltd. 藍 港 互 動 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:8267) 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 藍港互動集團有限公司(「本公司」)董事會欣然公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計中期業績。本公告附載本公司二 零二三年中期報告的全文,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須附載資料的要求。本公司將於適當時候寄發二零 二三年中期報告的印刷版本予本公司股東。 承董事會命 藍港互動集團有限公司 主席 王峰 中國,北京,二零二三年八月十四日 ...
蓝港互动(08267) - 2023 Q1 - 季度财报
2023-05-15 09:33
Financial Performance - The company's revenue for Q1 2023 reached RMB 87,729,000, a significant increase of 478% compared to RMB 15,160,000 in Q1 2022[6] - Gross profit for the quarter was RMB 19,607,000, up from RMB 3,829,000 in the same period last year, reflecting a substantial improvement in profitability[6] - Operating profit for Q1 2023 was RMB 5,526,000, compared to an operating loss of RMB 11,418,000 in Q1 2022[6] - The net profit for the quarter was RMB 5,247,000, a turnaround from a net loss of RMB 13,478,000 in the previous year[6] - Basic and diluted earnings per share for Q1 2023 were both RMB 0.02, compared to a loss of RMB 0.04 per share in Q1 2022[7] - The company reported a total comprehensive income of RMB 2,345,000 for the quarter, compared to a comprehensive loss of RMB 14,277,000 in the same period last year[6] - The company achieved a net profit attributable to owners of RMB 5,247,000 for the first quarter of 2023, a significant improvement from a loss of RMB 13,152,000 in the same period of 2022[24] - The adjusted profit for the three months ended March 31, 2023, was approximately RMB 6.8 million, compared to an adjusted loss of approximately RMB 13.2 million for the same period in 2022[49] Revenue Segmentation - Revenue from the gaming segment was RMB 36.242 million, up from RMB 14.737 million in the same period last year, marking a growth of 146%[18] - The film and television segment generated RMB 51.487 million in revenue, compared to RMB 423 thousand in Q1 2022, indicating a substantial increase[18] - Revenue from customers in China accounted for RMB 72.765 million, a significant rise from RMB 7.874 million in Q1 2022, reflecting an increase of 921%[19] - Revenue from South Korea decreased to RMB 4.742 million from RMB 6.798 million year-over-year[19] - Game business revenue contributed approximately RMB 36.2 million, a year-on-year increase of about 145.9% or RMB 21.5 million, due to the exclusive global release of "Ys: The Oath in Felghana" by Bilibili[39] - Revenue from the film and television business reached approximately RMB 51.5 million, a significant increase of about 12,071.6% compared to approximately RMB 0.4 million in the same period last year, attributed to the recognition of income from "More Than Just Likes"[40] Cost Management and Expenses - Research and development expenses decreased to RMB 5,142,000 from RMB 5,999,000 year-over-year, indicating a focus on cost management[6] - The total operating expenses, including sales and marketing, administrative, and R&D, were RMB 15,169,000, compared to RMB 22,049,000 in the previous year, reflecting improved operational efficiency[6] - Sales and marketing expenses decreased by approximately 57.1% to about RMB 1.2 million in Q1 2023, down from approximately RMB 2.8 million in Q1 2022[44] - Administrative expenses for the three months ended March 31, 2023, were approximately RMB 8.8 million, an increase of about 6.0% compared to RMB 8.3 million for the same period in 2022[45] - Research and development expenses for the three months ended March 31, 2023, were approximately RMB 5.1 million, a decrease of about 15.0% from RMB 6.0 million for the same period in 2022[46] Market Expansion and Product Development - The company aims to continue expanding its market presence and developing new products and technologies in the upcoming quarters[5] - The company has initiated multiple product tests, including titles such as "The Legend of Zhen Huan: Floating Life Dream" and "Wild Era," with plans for official launches in Q2 and Q3 of 2023[28][30] - The company is focusing on expanding its overseas market presence, particularly in Thailand, with the MMORPG "Wild Era" expected to launch in Q2 2023[29] - The company has entered a global publishing strategic partnership with Bilibili for the mobile game "Ys: Dream Intertwined Night," enhancing its global market promotion efforts[31] - The company is committed to enhancing its game publishing strategy, particularly in the female-oriented and casual gaming segments[28] - The company is actively exploring WEB3 technologies and integrating advanced technologies like ChatGPT and AIGC into game development and marketing[28] - The company is focusing on developing a product matrix in the youth romance genre, with new series set to launch in Q2 and Q3 2023[32] Shareholder Information and Equity - As of March 31, 2023, total equity stood at RMB 264.778 million, an increase from RMB 262.406 million at the beginning of the year[18] - The company holds a 21.53% equity interest in the company, with Mr. Wang Feng owning 66,576,160 shares[65] - Major shareholder Zhu Li holds 79,216,540 shares, representing approximately 21.53% of the company's equity[70] - Wangfeng Management Limited, as a beneficial owner, holds 66,576,160 shares, accounting for 18.09% of the company's equity[70] - Jin Jiawei, as a beneficial owner, possesses 52,318,760 shares, which is 14.22% of the company's equity[70] - Other significant shareholders include Huiju Trust Limited and TCT (BVI) Limited, each holding 34,869,317 shares, representing 9.48% of the company's equity[71] - IDG-Accel China Growth Fund L.P. holds 23,061,443 shares, which is 6.27% of the company's equity[73] Corporate Governance and Compliance - The company has complied with the corporate governance code as per GEM Listing Rules, except for the dual role of the chairman and CEO[83] - The audit committee, established on April 24, 2014, is responsible for reviewing financial data and internal control procedures[84] - The company has maintained compliance with the GEM Listing Rules regarding the composition of the audit committee[85] Stock Options and Restricted Share Units - The company has adopted a share option scheme to encourage contributions from eligible individuals, aligning their interests with the company's[75] - As of March 31, 2023, the company has granted stock options totaling 1,100,000 shares with an exercise price of HKD 0.784, and 275,000 shares remain unexercised[76] - The company has a total of 367,974,964 shares issued as of March 31, 2023[67] - As of March 31, 2023, the company has granted a total of 16,922,420 restricted share units, with 16,741,795 units vested[80] - No restricted share units were granted during the three months ending March 31, 2023, and 10,000 units expired[80]
蓝港互动(08267) - 2023 Q1 - 季度业绩
2023-05-15 09:25
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。 Linekong Interactive Group Co., Ltd. 藍 港 互 動 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:8267) 二零二三年第一季度業績公告 藍港互動集團有限公司(「本公司」)董事會(「董事會」)欣然公佈本公司及其附 屬公司截至二零二三年三月三十一日止三個月的未經審核業績。本公告(載有 本公司二零二三年第一季度報告全文)符合香港聯合交易所有限公司GEM證券 上市規則有關季度業績初步公告所附載資料的相關規定。本公司將於適當時 候向本公司股東寄發本公司二零二三年第一季度報告的印刷本。 承董事會命 藍港互動集團有限公司 主席 王峰 中國,北京,二零二三年五月十五日 於本公告日期,本公司執行董事為王峰先生、陳浩先生及王勁先生(又名嚴雨松);及本公司 獨立非執行董事張向東先生、吳月琴女士及FU Frank Kan先生。 ...
蓝港互动(08267) - 2022 - 年度财报
2023-03-31 12:07
Research and Development - In 2022, the company's R&D expenditure increased from 22% to 32% of revenue compared to 2021, with plans to continue increasing R&D investment in 2023[14] - Research and development expenses increased by 10% to $50 million, reflecting the company's commitment to innovation[23] - The company is researching the ChatGPT engine to enhance game development efficiency and improve player experience[16] - The company plans to continue developing self-researched businesses focused on IP, female-oriented content, casual games, and Web3, while actively expanding into overseas markets[35] - The company has initiated internal technical testing for several new game products, including "The Legend of Zhen Huan" and "Wild Era," as part of its strategy to enhance game development and expand its portfolio[27] Financial Performance - Revenue for the fiscal year reached $500 million, representing a 15% increase compared to the previous year[19] - Future guidance indicates expected revenue growth of 20% for the upcoming fiscal year, driven by new product launches and market expansion[21] - The company reported a significant increase in user engagement, with a year-over-year growth of 25% in active users[18] - The company's revenue for the year ended December 31, 2022, was approximately RMB 71.1 million, a decrease of about 17.2% compared to RMB 85.9 million for the year ended December 31, 2021[36] - Revenue from the gaming business was approximately RMB 66.5 million, a decrease of about 5.8% or RMB 4.1 million year-over-year, attributed to the decline of existing games[37] Strategic Initiatives - The company plans to maintain stable operations of existing game services and establish a player loyalty program to enhance player retention[9] - The company is actively exploring acquisition opportunities to enhance its content library and expand its market presence[22] - The company has authorized the global publishing rights of "Ys VIII Mobile" to Bilibili, expecting stable net revenue post-launch[9] - The company is focusing on the development of key works in film and television, aiming to launch higher quality productions in 2023[8] - The company has established a matrix layout for its film and television business, successfully launching six quality series and reserving multiple potential projects[31] Market Expansion - The company is enhancing its product layout in female-oriented and casual mobile games while deepening its market presence in key overseas regions such as Japan, Korea, and North America[8] - The company aims to deepen its market penetration in overseas regions such as Korea, Japan, and North America, focusing on casual and female-oriented games[27] - The new MMORPG "Wild Era" is set to launch in Thailand in Q2 2023, having signed a local publishing agreement[29] - The AVG+RPG female-oriented mobile game "The Legend of Zhen Huan" is expected to go live in Q2 2023 after receiving its game license in Q4 2022[30] Corporate Governance - The board of directors consists of 4 executive directors, 1 non-executive director, and 3 independent non-executive directors, with independent non-executive directors making up 50% of the board[83][85] - The company received annual confirmations of independence from all independent non-executive directors, ensuring compliance with GEM listing rules[84] - The board has established three committees: the remuneration committee, nomination committee, and audit committee, each with clear written terms of reference[93] - The company emphasizes the importance of training and professional development for its directors to enhance their knowledge and skills[92] - The audit committee, chaired by an independent non-executive director, has reviewed the financial statements for the year ending December 31, 2022, confirming compliance with applicable accounting standards and GEM listing rules[103] Employee Management - The company has a total of 103 employees as of December 31, 2022[158] - Total employee compensation for the year ended December 31, 2022, was approximately RMB 53.4 million, compared to RMB 51.0 million in the previous year, reflecting a 4.7% increase[64] - The company emphasizes employee development through various training programs tailored to different job roles, promoting a learning-oriented culture[161] - Regular communication channels are established for employees to voice concerns, ensuring timely feedback and resolution of issues[163] - The company has organized multiple employee engagement activities, including celebrations for its 15th anniversary, enhancing team cohesion and belonging[163] Environmental, Social, and Governance (ESG) - The company has established an ESG governance framework to enhance management of sustainability, with the board responsible for overseeing ESG-related risks and opportunities[140] - The company primarily uses office and rented cloud servers, resulting in minimal environmental impact, and has set relevant ESG goals to improve sustainability efforts[140] - Total electricity consumption for 2022 was 340,885 kWh, and gasoline consumption was 5,867 liters[150] - The company has implemented energy-saving measures, including the use of high-efficiency appliances and regular inspections of electricity usage[149] - The company has committed to reducing energy consumption and greenhouse gas emissions based on the progress made in the previous year[150] Compliance and Risk Management - The company actively engages in compliance and ethical business practices, opposing any form of misconduct or corruption[169] - The internal control system was reviewed and deemed effective and adequate by the audit committee, particularly in financial reporting and compliance with GEM listing rules[120] - The company has established an insider information management policy to ensure confidentiality and compliance with trading restrictions[119] - The company has not reported any significant violations related to corruption, money laundering, or bribery during the year[125] - The company faces significant risks including tightened government regulations on the gaming industry and ongoing global challenges from the COVID-19 pandemic, prompting a strategic focus on self-developed games and expansion into overseas markets such as Japan, South Korea, and North America[121]
蓝港互动(08267) - 2022 - 年度业绩
2023-03-31 12:04
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。 Linekong Interactive Group Co., Ltd. 藍 港 互 動 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:8267) 二零二二年度業績公告 藍港互動集團有限公司(「本公司」)董事會(「董事會」)欣然公佈本公司及其附 屬公司截至二零二二年十二月三十一日止年度的經審核年度業績。本公告(載 有本公司二零二二年年度報告全文)符合香港聯合交易所有限公司GEM證券上 市規則有關年度業績初步公告所附載資料的相關規定。本公司將於適當時候 向本公司股東寄發二零二二年年度報告的印刷本。 承董事會命 藍港互動集團有限公司 主席 王峰 中國,北京,二零二三年三月三十一日 於本公告日期,本公司執行董事為王峰先生、陳浩先生及王勁先生(又名嚴雨松);及本公司 獨立非執行董事為張向東先生、吳月琴女士及FU Frank Kan先生。 ...
蓝港互动(08267) - 2022 Q3 - 季度财报
2022-11-11 09:06
Financial Performance - For the third quarter of 2022, Linekong Interactive Group reported revenue of RMB 37,928 thousand, a 85.5% increase compared to RMB 20,454 thousand in the same period of 2021[8] - The gross profit for the third quarter of 2022 was RMB 13,972 thousand, compared to RMB 4,705 thousand in the third quarter of 2021, reflecting a significant increase[8] - The operating loss for the third quarter of 2022 was RMB 11,318 thousand, slightly improved from an operating loss of RMB 12,329 thousand in the same quarter of 2021[8] - The net loss for the nine months ended September 30, 2022, was RMB 46,067 thousand, compared to a net loss of RMB 23,586 thousand for the same period in 2021, indicating a worsening financial performance[10] - The basic and diluted loss per share for the nine months ended September 30, 2022, was RMB 0.13, compared to RMB 0.06 for the same period in 2021[10] - Total comprehensive loss for the nine months ended September 30, 2022, was RMB 21,715 thousand, compared to RMB 24,362 thousand for the same period in 2021, showing a reduction in comprehensive losses[10] - For the nine months ended September 30, 2022, the total revenue was RMB 82,609 thousand, an increase of 19.6% compared to RMB 69,136 thousand for the same period in 2021[27] - The total comprehensive loss for the period was RMB 23,586 thousand, compared to RMB 22,424 thousand in the previous year, indicating a slight increase in losses[6] - For the three months ended September 30, 2022, the company reported a loss attributable to owners of RMB 12,162,000, compared to a loss of RMB 9,126,000 for the same period in 2021, representing a 33.5% increase in losses year-over-year[36] - For the nine months ended September 30, 2022, the loss attributable to owners was RMB 45,288,000, compared to RMB 22,424,000 in the same period of 2021, indicating a 101.5% increase in losses year-over-year[36] - The adjusted net loss for the nine months ended September 30, 2022, was approximately RMB 33.0 million, compared to RMB 18.7 million for the same period in 2021, reflecting an increase of 76.7%[71] - The total loss for the nine months ended September 30, 2022, was RMB 46.1 million, a significant increase of 95.3% from RMB 23.6 million for the same period in 2021[71] Revenue Breakdown - Linekong Interactive Group's total revenue for the nine months ended September 30, 2022, was RMB 82,609 thousand, up from RMB 69,136 thousand in the same period of 2021, reflecting overall growth[8] - The gaming segment generated revenue of RMB 51,892 thousand, down 4.5% from RMB 54,429 thousand in the previous year[27] - The film and television segment reported revenue of RMB 4,404 thousand, a significant decrease of 70% from RMB 14,707 thousand in the same period last year[27] - The other business segment, primarily involved in e-commerce food sales, achieved revenue of RMB 26,313 thousand, with no prior year comparison available[27] - Revenue from China was RMB 61,424 thousand, up 61% from RMB 38,160 thousand in the same period last year[27] - Revenue from South Korea decreased to RMB 20,210 thousand, down 25.2% from RMB 27,004 thousand in the previous year[27] Expenses and Investments - The company reported a significant increase in sales and marketing expenses, amounting to RMB 10,814 thousand for the third quarter of 2022, compared to RMB 8,100 thousand in the same quarter of 2021[8] - Research and development expenses for the third quarter of 2022 were RMB 5,953 thousand, compared to RMB 4,773 thousand in the same period of 2021, indicating continued investment in R&D[8] - The group's total cost for the nine months ended September 30, 2022, was approximately RMB 55.0 million, an increase of about 24.2% from approximately RMB 44.3 million in the previous year[59] - Administrative expenses for the nine months ended September 30, 2022, were approximately RMB 26.3 million, an increase of about 10.0% compared to RMB 23.9 million for the same period in 2021, primarily due to impairment of certain intangible assets[63] - Research and development expenses for the nine months ended September 30, 2022, were approximately RMB 18.3 million, an increase of about 27.1% from RMB 14.4 million for the same period in 2021, mainly due to increased investment in independent research and development[67] Shareholder Information - As of September 30, 2022, the company has issued a total of 367,974,964 shares[111] - Wangfeng Management Limited holds 66,576,160 shares, representing approximately 18.09% of the company's equity[103] - Zhu Li, spouse of Mr. Wang Feng, holds 79,216,540 shares, accounting for 21.53% of the company's equity[105] - Major shareholders include Fosun China Momentum Fund, holding 52,318,760 shares, which is approximately 14.22% of the company's equity[104] - IDG-Accel China Growth Fund GP holds 27,774,323 shares, representing 7.55% of the company's equity[114] - The company has a significant concentration of ownership, with the top three shareholders holding over 53% of the equity[104] Corporate Governance and Compliance - The company has complied with the GEM Listing Rules regarding corporate governance throughout the nine months ending September 30, 2022[132] - The Audit Committee was established on April 24, 2014, and is responsible for reviewing financial information and internal control procedures[133] - The Audit Committee's composition complies with GEM Listing Rules[134] Future Plans and Developments - The company is focusing on increasing investment in the development of mobile games and film and television products to enhance long-term growth potential[41] - The company plans to strengthen its overseas market exploration, particularly in regions such as South Korea, Japan, and North America[41] - The new version of "Naughty Heaven" is currently in tight development and is expected to launch in 2023, aiming to promote traditional Chinese culture through gameplay[43] - The MMORPG mobile game "Wild Era" is set to launch in Thailand in the first quarter of 2023, with a local distributor already signed[43] - The group plans to continue focusing on IP-driven, female-oriented, and casual games while actively expanding into overseas markets[48] Taxation and Financial Position - The company has not recognized any taxable profits in Hong Kong, thus no provision for Hong Kong profits tax has been made[31] - The effective tax rate for the company's business in China is estimated at 25%, with certain subsidiaries benefiting from reduced rates of 12.5% and 15%[34] - The company's debt ratio as of September 30, 2022, was approximately 26.9%, a decrease from 32.3% as of December 31, 2021, indicating improved financial stability[77] - The company has no bank loans as of September 30, 2022, compared to RMB 50.0 million in loans as of December 31, 2021, indicating a shift towards a debt-free status[77] IPO Proceeds Utilization - As of September 30, 2022, approximately HKD 8.9 million from the IPO proceeds remains unutilized[84] - The total amount utilized from the IPO proceeds is HKD 686.2 million, with HKD 664.6 million used as of December 31, 2021[83] - The company has allocated HKD 137.2 million for overseas expansion, which has been fully utilized[83] - HKD 59.7 million was allocated for potential strategic acquisitions or investments in companies engaged in online gaming, which has also been fully utilized[83] - The company has set aside HKD 20.7 million for reserves, with HKD 12.2 million utilized and HKD 8.5 million remaining[83] - HKD 34.3 million has been allocated for operational funds and other general corporate purposes, which has been fully utilized[83] - The company plans to utilize the remaining unutilized IPO proceeds by December 31, 2022, based on the progress of potential acquisition projects[84] - HKD 68.6 million has been allocated for the development and operation of high-quality games, which has been fully utilized[83] - The company has invested HKD 29.0 million in technology platforms, including the development and improvement of game development tools, which has been fully utilized[83] - The total amount of IPO proceeds utilized for building a pan-entertainment ecosystem is HKD 157.8 million, which has been fully utilized[83]
蓝港互动(08267) - 2022 Q2 - 季度财报
2022-08-12 10:05
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。 Linekong Interactive Group Co., Ltd. 藍港互動集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8267) 截至二零二二年六月三十日止六個月的 中期業績公告 藍港互動集團有限公司(「本公司」)董事會欣然公佈本公司及其附屬公司截至 二零二二年六月三十日止六個月的未經審計中期業績。本公告附載本公司二 零二二年中期報告的全文,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須附載資料的要求。本公司將於適當時候發送二零 二二年中期報告的印刷版本予本公司股東。 承董事會命 藍港互動集團有限公司 主席 王峰 中國,北京,二零二二年八月十二日 於本公告日期,本公司執行董事為王峰先生、廖明香女士、陳浩先生及王勁先生(又名嚴雨 松);本公司非執行董事為紀學鋒先生;及本公司獨立非執行董事為張向東先生、吳月琴女 士及孔毅先生。 本公告遵照香港聯合交易所有限公司G ...
蓝港互动(08267) - 2022 - 中期财报
2022-08-12 10:01
Game Development and Releases - The company has completed the launch of the game "Dream Mansion" and initiated internal technical testing for several products including "Primitive Era" and "Ys VIII" [17] - The MMORPG mobile game "Primitive Era" is set to launch in Thailand within the year, having signed a local publisher [19] - The company has secured exclusive adaptation and global publishing rights for the mobile version of the renowned ARPG "Ys VIII," which is currently in the final optimization stage [20] - The company is focusing on enhancing its game development capabilities while acquiring quality IPs to drive industry development and cultural dissemination [18] - The company aims to enhance the quality of game development and launch competitive games to address the decline in game revenue [28] - The company plans to continue developing self-researched businesses focused on IP, female-oriented content, and casual games while actively exploring overseas markets [23] Financial Performance - The company's revenue decreased by approximately 8.2% from about RMB 48.7 million in the six months ended June 30, 2021, to about RMB 44.7 million in the same period of 2022 [26] - Game business revenue contributed approximately RMB 37.2 million, a decrease of about 5.1% or RMB 2.0 million compared to the same period last year [28] - The film and television business revenue significantly dropped by approximately 95.7%, from about RMB 9.4 million to approximately RMB 0.4 million [29] - The gross profit for the six months ended June 30, 2022, was about RMB 13.7 million, a decrease of approximately 31.8% from RMB 20.1 million in the same period of 2021 [32] - The gross margin fell to approximately 30.6%, down about 10.7 percentage points from 41.3% in the previous year [32] - The operating loss for the six months ended June 30, 2022, was approximately RMB 24.5 million, compared to an operating loss of RMB 14.9 million for the same period in 2021, representing an increase of 64.3% [39] - The adjusted net loss for the six months ended June 30, 2022, was approximately RMB 22.3 million, compared to RMB 14.8 million for the same period in 2021, reflecting an increase of 50.2% [43] Expenses and Investments - Research and development expenses increased by approximately 28.1%, from about RMB 9.6 million to RMB 12.3 million, due to increased investment in independent research and development [36] - Sales and marketing expenses rose by approximately 34.0%, from about RMB 9.4 million to RMB 12.6 million, primarily due to employee benefits and promotional expenses related to the gaming business [34] - Capital expenditures for the six months ended June 30, 2022, totaled approximately RMB 42.6 million, significantly higher than RMB 11.2 million for the same period in 2021, with major investments in film and television rights [48] - The company has increased its investment in R&D, which has contributed to the rise in operating losses [39] Market Presence and Strategy - The company aims to strengthen its overseas market presence, particularly in Korea and Japan, with ongoing operations for "The Road to the Ocean" and the upcoming "Ys VIII Mobile" [19] - The company is enhancing its publishing strategy in overseas markets, including Korea, Japan, and North America [17] - The company is committed to increasing investment in self-developed games and film and television projects to ensure long-term growth [17] Shareholding and Corporate Governance - Mr. Wang Feng holds 66,576,160 shares, representing 21.53% of the total equity [67] - Ms. Liao Mingxiang owns 12,168,720 shares, accounting for 5.38% of the total equity [67] - The company has a total of 367,974,964 issued shares as of June 30, 2022 [70] - Major shareholders include Zhu Li with 21.53% (79,216,540 shares) and Wangfeng Management Limited with 18.09% (66,576,160 shares) [76] - The company has complied with the corporate governance code as per GEM Listing Rules during the reporting period [106] Employee Compensation and Incentives - The company has provided various training programs for employees to enhance their knowledge in game development and operations [53] - The company adopted a share option scheme in November 2014 to align the interests of eligible individuals with the company's value [91] - The stock option program is designed to align employee interests with company performance over time [98] Cash Flow and Assets - Cash and cash equivalents as of June 30, 2022, were approximately RMB 98.4 million, down from RMB 132.2 million as of December 31, 2021 [46] - The total assets as of June 30, 2022, amounted to RMB 446,480,000, a slight decrease from RMB 448,886,000 as of December 31, 2021 [110] - The total liabilities as of June 30, 2022, were RMB 163,439,000, compared to RMB 144,896,000 as of December 31, 2021, indicating an increase in liabilities [111] Impact of COVID-19 - The impact of COVID-19 on the company's operations has been minimal, with no significant effects reported during the period [102] - The company continues to monitor the financial and operational impacts of the COVID-19 pandemic [102]