Market Overview - GEM provides a market for small and medium-sized companies, which generally carry higher investment risks compared to companies listed on the main board[3]. - Securities traded on GEM may experience greater market volatility and lower liquidity compared to those on the main board[3]. - In 2021, the total sales of the Chinese lottery industry increased by 11.8% compared to 2020, indicating a strong rebound[33]. - The online gaming market in India grew by 18% in 2020, reaching INR 77 billion (approximately USD 10.3 billion), with projections to reach INR 155 billion (approximately USD 20.7 billion) by 2023, reflecting a compound annual growth rate of 27%[170]. - In 2021, China's total retail sales of consumer goods reached approximately RMB 44 trillion, with a year-on-year growth of 12.5%[171]. Company Strategy and Business Segments - The company has diversified its business into three main categories: lottery hardware sales, gaming and entertainment, and non-lottery hardware sales[20]. - The company aims to enhance its business value by developing a diversified gaming and entertainment platform that integrates unique social games and sports entertainment content[22]. - The group operates in three main business segments: lottery hardware sales, lottery distribution through physical channels, and non-lottery hardware sales[166]. - The group has begun supplying non-lottery hardware products, such as POS terminals, to the retail sector in China starting in 2021[166]. - The company plans to evaluate overseas opportunities and establish strategic partnerships with local leaders in Asia to globalize its business[168]. Corporate Governance - The report confirms that the information provided is accurate and complete, with no misleading or fraudulent elements[3]. - The board of directors collectively and individually assumes full responsibility for the report's content[3]. - The company has adopted corporate governance practices to enhance transparency and protect shareholder interests, including the establishment of various committees[39]. - The board composition includes a balance of independent non-executive directors, ensuring that at least one-third of the board is independent[39]. - The company has committed to regular communication with shareholders, including annual general meetings and timely announcements of financial performance[40]. Financial Performance - The group's revenue for the review year was approximately HKD 253,200,000, an increase of about 56.7% compared to HKD 161,600,000 in 2020[183]. - Revenue growth was primarily driven by an increase in lottery hardware sales by approximately HKD 94,800,000 and an increase in lottery agency services by approximately HKD 18,400,000[183]. - Operating loss for the year was approximately HKD 65,800,000, a reduction from HKD 131,100,000 in 2020, mainly due to increased total revenue and cost control measures[184]. - The group's net loss for the year was approximately HKD 63,100,000, a decrease of about 42.4% from HKD 109,500,000 in 2020[184]. - As of December 31, 2021, the group maintained a strong financial position with a net cash balance of approximately HKD 936,700,000 and a current ratio of about 12.2[186]. Risk Management and Internal Controls - The Risk Management and Internal Control Committee is responsible for executing risk management and internal control systems, reviewing all related financial, operational, and compliance controls[72]. - The internal audit function is deemed effective and sufficient, with no major deficiencies reported during the annual review[79]. - The company has implemented a fraud reporting mechanism allowing employees to confidentially report concerns related to financial reporting and risk management[77]. - The board conducts an annual review of the effectiveness of the risk management and internal control systems, confirming their adequacy and compliance with GEM listing rules[79]. - The company has established policies to prevent bribery, extortion, fraud, and money laundering, ensuring compliance with various laws and regulations[144]. Employee and Diversity Policies - The company has not set specific plans or measurable targets for gender diversity among employees, including senior management, as recruitment is based on qualifications and experience rather than gender[91]. - The group promotes equal opportunities and prohibits discrimination based on age, gender, disability, religion, marital status, pregnancy, sexual orientation, and nationality[135]. - The group has implemented a diversity policy for its board and overall workforce, considering various elements such as gender, age, and nationality[136]. - The company has established comprehensive employment policies that consider government labor laws, including parental leave and additional medical insurance for employees[119]. - The company encourages the use of public transportation for business-related travel to further reduce environmental impact[130]. Sustainability and Community Engagement - The company emphasizes responsible contributions to the lottery and online gaming industry, actively participating in sports development and charitable activities[104]. - The sustainability management goal is to promote business development while managing the environmental and social impacts of the group's operations[108]. - The company has implemented energy efficiency measures, including encouraging employees to turn off electrical devices when leaving the office[150]. - During the COVID-19 pandemic, the company donated 33,000 masks to various sports bureaus to support local communities[145]. - The group actively participates in community investment, focusing on sports development and charitable activities, although donations were zero in the review year compared to HKD 197,000 in 2020[165]. Acquisitions and Partnerships - The company announced a conditional sale agreement on September 10, 2021, to acquire 100% of the equity of Macau Tong Holdings Limited for a maximum cash consideration of HKD 778 million[194]. - The completion of the acquisition will result in the target company becoming a wholly-owned subsidiary of the company, with its financial statements consolidated into the company's financial reports post-completion[194]. - The new cooperation agreement with Alibaba China will last for two years, from January 1, 2022, to December 31, 2023, focusing on selling sports and welfare lottery products through Alibaba's retail digital procurement platform[198]. - The group plans to continue investing additional resources into Paytm First Games to support its future expansion[179]. - The group is committed to improving its technological infrastructure to support its gaming and lottery entertainment initiatives[182].

Financial Performance - The group's revenue for the nine months ended September 30, 2021, was approximately HKD 144,900,000, representing an increase of about 36.6% compared to HKD 106,100,000 for the same period in 2020[4] - The operating loss for the nine months was approximately HKD 65,300,000, a decrease of about 47.6% from HKD 124,500,000 in the same period of 2020[4] - The net loss for the nine months was approximately HKD 46,300,000, a significant reduction of about 70.5% compared to HKD 156,900,000 for the same period in 2020[4] - The total comprehensive loss for the nine months was approximately HKD 39,017,000, compared to HKD 145,950,000 for the same period in 2020[7] - Basic and diluted loss per share for the nine months was HKD 0.41, compared to HKD 1.48 for the same period in 2020[7] - The company reported a basic loss per share of approximately HKD 3,154,000 for the three-month period and HKD 46,738,000 for the nine-month period in 2021, compared to losses of HKD 52,795,000 and HKD 170,161,000 in the same periods of 2020[12] - The total comprehensive loss for the nine-month period was HKD 46,738,000, reflecting a significant improvement from the previous year's loss of HKD 170,161,000[12] Revenue Sources - The revenue contributions primarily came from lottery hardware sales and services in China, lottery agency services, and gaming and entertainment businesses in India[4] - Lottery hardware sales and services increased to HKD 39,113,000 in Q3 2021, up 7% from HKD 36,474,000 in Q3 2020[10] - Revenue from lottery sales through physical channels increased to HKD 9,493,000 in Q3 2021, up 26% from HKD 7,517,000 in Q3 2020[10] - Non-lottery hardware sales and services generated HKD 8,404,000 in Q3 2021, compared to no revenue in Q3 2020[10] - Revenue from lottery sales through retail outlets increased by approximately 90% compared to the same period in 2020, driven by recovery from the COVID-19 pandemic and a 70% increase in the number of retail outlets[23] - Revenue growth was primarily driven by an increase in lottery hardware sales by approximately HKD 30,000,000 and an increase in gaming and entertainment business revenue by approximately HKD 18,000,000[30] Strategic Initiatives - The company aims to expand its market presence and enhance its product offerings in the gaming and entertainment sector[10] - The company is focusing on new product development and technological advancements to drive future growth[10] - The company aims to continue developing diverse gaming and entertainment platforms, integrating unique social gaming and sports entertainment content to enhance business value[17] - The company plans to evaluate overseas opportunities and collaborate strategically with local partners in Asia to globalize its business[17] - The company remains committed to innovation in lottery product development, physical channel expansion, and marketing services to assist lottery authorities[17] - The company is actively transforming and consolidating its leading position in the Chinese lottery industry, leveraging synergies with Alibaba Group and Ant Group[28] Investments and Acquisitions - The group has invested approximately HKD 317,400,000 from the net proceeds of the subscription for various business segments, including investments and acquisitions[33] - The company has allocated approximately HKD 778,000,000 for the acquisition of Macau Tong Holdings Limited, which will enhance its payment services and electronic wallet offerings[47] - The company has identified potential investment projects in overseas markets, particularly in the lottery and gaming sectors, with a focus on expanding its operational footprint[44] - The company expects to complete the acquisition of Macau Tong, which will allow it to integrate the financial results of the target group into its consolidated financial statements[47] Market Trends - In the first nine months, China's lottery sales reached approximately RMB 278.5 billion, an increase of about 20.7% compared to the same period in 2020[18] - The online gaming market in India is projected to grow from 360 million players in 2020 to 510 million by 2022, with industry revenue expected to reach INR 155 billion (approximately USD 20.7 billion) by 2023, reflecting a compound annual growth rate of 27%[19] - The retail payment hardware market in China saw a total retail sales of approximately RMB 21.2 trillion in the first half of 2021, representing a year-on-year growth of 23%[20] Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the financial statements for the nine-month period and confirmed compliance with applicable accounting standards[64] - The company has adopted a code of conduct for securities trading that meets or exceeds the standards set out in the GEM Listing Rules[65] - There are no other interests recorded in the company's register as of September 30, 2021, apart from those disclosed by directors and major shareholders[63] Shareholder Information - As of September 30, 2021, the total issued shares of the company amounted to 11,672,342,235, with significant holdings by directors, including Mr. Sun Hao with 2,052,408,000 shares, representing approximately 17.584%[51][52] - The company has a significant interest in Alibaba Group, with various directors holding shares and American Depositary Shares (ADS) in Alibaba[53][54] - As of September 30, 2021, Alibaba Investment Limited and API Holdings Limited collectively own 6,502,723,993 shares, representing approximately 55.71% of the total issued share capital of the company[59]

Financial Performance - The group's revenue for the six months ended June 30, 2021, was approximately HKD 77,900,000, an increase of about 77.6% compared to HKD 43,900,000 for the same period in 2020[5]. - The operating loss for the six months was approximately HKD 55,000,000, a reduction of about 47.9% from HKD 105,600,000 in the previous year[5]. - The net loss for the six months was approximately HKD 43,700,000, down about 60.2% from HKD 109,700,000 for the same period in 2020[5]. - The group recorded a foreign exchange gain of approximately HKD 7,500,000 for the six months, compared to a foreign exchange loss of HKD 14,200,000 in the previous year[5]. - The company reported a loss attributable to owners of approximately HKD 43,584,000 for the six months ended June 30, 2021, compared to a loss of HKD 117,366,000 for the same period in 2020[27]. - The company reported a basic loss per share of HKD 0.05 for the six months ended June 30, 2021, compared to HKD 0.44 for the same period in 2020[12]. - Basic loss per share for the six months ended June 30, 2021, was approximately HKD 0.0040, compared to HKD 0.0100 for the same period in 2020[27]. Assets and Liabilities - The total assets as of June 30, 2021, amounted to HKD 3,091,985,000, a decrease from HKD 3,148,432,000 as of December 31, 2020[13]. - Total liabilities decreased from HKD 205,118,000 to HKD 174,409,000, representing a reduction of approximately 15%[14]. - Total equity decreased from HKD 2,943,314,000 to HKD 2,917,576,000, a decline of approximately 0.9%[15]. - The company's cash and bank balances decreased to HKD 120,036,000 from HKD 166,193,000 as of December 31, 2020[13]. - Net cash and cash equivalents decreased from HKD 501,022,000 to HKD 220,714,000, a decline of about 56%[17]. - The company reported a net cash outflow of HKD 14,358,000, a significant improvement from HKD 628,488,000 in the previous year[18]. Revenue Sources - Revenue from external customers in China reached HKD 68,724,000, up 59.8% from HKD 42,990,000 in the prior year[23]. - Revenue contributions primarily came from lottery hardware sales, which increased by approximately HKD 27.3 million, and lottery agency services, which increased by approximately HKD 12.3 million[53]. - Revenue from gaming and entertainment business from a joint venture was HKD 9,207,000 for the six months ended June 30, 2021, compared to HKD 897,000 for the same period in 2020, representing an increase of approximately 929%[36]. - Revenue from lottery sales through retail outlets increased by approximately 142.6% compared to the same period in 2020, driven by recovery from the COVID-19 pandemic[46]. Operational Changes - Employee benefit expenses decreased by approximately HKD 15,800,000 compared to the same period in 2020[5]. - The total employee count decreased from 342 to 202, resulting in a reduction of employee benefits expenses by approximately 17.5% to about HKD 74.9 million[54]. - Marketing and distribution expenses increased to HKD 13,141,000 for the six months ended June 30, 2021, compared to HKD 7,228,000 in the same period of 2020, reflecting an increase of 81.5%[24]. - Other operating expenses for the six-month period were approximately HKD 38.8 million, an increase from HKD 29.2 million for the same period in 2020[55]. Strategic Initiatives - The company continues to focus on expanding its lottery hardware and gaming services in China and India[20]. - The company aims to expand its hardware product range into non-lottery hardware for the retail industry, leveraging its research and development capabilities in lottery hardware[41]. - The company plans to continue seeking overseas opportunities and strategic partnerships in Asia to globalize its business[41]. - The company is focusing on potential business acquisitions in the lottery and gaming sectors, with expected deployment of funds by December 31, 2022[72]. Market Outlook - The online gaming market in India is projected to grow from 360 million players in 2020 to 510 million by 2022, with revenues increasing by 18% to ₹77 billion (approximately $10.3 billion) in 2020[43]. - The online gaming industry in India is expected to reach ₹155 billion (approximately $20.7 billion) by 2023, with a compound annual growth rate (CAGR) of 27%[43]. - The company provided a positive outlook for the second half of 2021, projecting a revenue growth of 15% to 20%[100]. - New product launches are expected to contribute an additional HKD 100 million in revenue by the end of 2021[100]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial statements for the six-month period[90]. - The company has adopted GEM Listing Rules regarding the trading regulations for directors[91]. - The company has complied with the corporate governance code, with some deviations noted regarding the roles of the chairman and CEO, and the rotation of directors[95]. - The chairman and CEO roles are combined, which the company believes facilitates effective strategy formulation and execution[94].

Financial Performance - The group's revenue for the three months ended March 31, 2021, was approximately HKD 20,700,000, representing an increase of about 51.3% compared to HKD 13,700,000 for the same period in 2020[5]. - Operating loss for the three-month period was approximately HKD 43,900,000, a decrease of about 39.1% from HKD 72,000,000 in the same period of 2020[5]. - The net loss for the three months was approximately HKD 38,700,000, down about 40.1% from HKD 64,600,000 in the same period of 2020[5]. - Basic and diluted loss per share for the period was HKD 0.33, compared to HKD 0.58 for the same period in 2020[10]. - The company reported a basic loss attributable to owners of approximately HKD 38,133,000 for the three-month period, compared to a loss of HKD 66,537,000 for the same period last year[15]. - The group recorded a foreign exchange gain of approximately HKD 3,100,000 during the three-month period, compared to a foreign exchange loss of HKD 13,800,000 in the same period of 2020[5]. - The group reported a total comprehensive loss of HKD 38,711,000 for the three-month period[18]. Revenue Sources - Revenue contributions were primarily from lottery hardware, lottery games and systems, distribution and support services in China, and gaming and entertainment in India[5]. - The increase in revenue was driven by a rise in lottery hardware sales by approximately HKD 4,200,000 and an increase in distribution and support services revenue by approximately HKD 5,800,000[5]. - The revenue from lottery hardware was HKD 9,706,000, up from HKD 5,550,000 in the previous year[13]. - Revenue from distribution and support services was HKD 7,670,000, compared to HKD 1,893,000 in the same period last year[13]. Dividend and Shareholder Information - The group did not recommend the payment of an interim dividend for the three-month period[6]. - The company did not recommend the payment of an interim dividend for the three-month period, consistent with the previous year[17]. - As of March 31, 2021, the total number of shares issued was 11,672,342,235[45]. - The total equity held by Mr. Sun Hao, a director, amounted to 2,052,408,000 shares, representing 17.584% of the total shares[44]. - As of March 31, 2021, Ali Fortune holds 6,502,723,993 shares, representing 55.71% of the issued share capital[53]. - Maxprofit Global Inc. is a beneficial owner of 2,006,250,000 shares, accounting for 17.19% of the issued share capital[55]. Market and Business Expansion - The company aims to expand its business globally by launching proprietary systems and platforms and forming strategic partnerships with local partners in Asia[21]. - The company is preparing for potential approval and authorization of online lottery product distribution through its dedicated lottery resource channels on mobile Taobao and Alipay[25][26]. - The company plans to continue exploring opportunities for collaboration with Alibaba Group's retail ecosystem to enhance lottery distribution models[26]. - The online gaming market in India is projected to grow from 360 million players in 2020 to 510 million by 2022, with industry revenue expected to reach INR 155 billion (approximately USD 2.07 billion) by 2023, reflecting a compound annual growth rate of 27%[24]. - The company has a focus on expanding its presence in selected international markets alongside its operations in China[19]. Operational Efficiency - Employee benefits expenses decreased by approximately 12.1% to about HKD 45 million, down from HKD 51.2 million in the previous year[34]. - Other operating expenses increased to approximately HKD 18.9 million, up from HKD 12.9 million in the same period last year, primarily due to increased distribution expenses related to lottery distribution[35]. - The group is focused on digital transformation and collaboration with provincial lottery agencies in China to enhance its lottery business[31]. - The group plans to improve its technological infrastructure and develop internal capabilities through gaming and lottery entertainment[32]. Investment and Proceeds - The net proceeds from the subscription amounted to approximately HKD 2.38 billion, with about HKD 607.5 million remaining in the group's bank accounts as of March 31, 2021[36]. - The company plans to utilize the remaining net proceeds for investment in potential overseas market projects in the lottery and gaming sectors, as well as for business acquisitions in these areas[41]. - The capital investment in the joint venture with One97 Communications Limited in India is part of the planned use of the remaining net proceeds[41]. Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for Q1 2021 and deemed them to comply with applicable accounting standards[60]. - The company maintains compliance with the Securities and Futures Ordinance regarding the disclosure of interests and holdings[57]. - No equity interests were held by directors or controlling shareholders in any competing business during the three-month period[60].

亞博科技控股有限公司 (於百慕達註冊成立有限公司) 股份代數: 8279 载量 財富 幸福 健康 幸運 責任 · " ' " | --- | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | ...

AGTE 亞博科技控股有限公司 (於百慕達註冊成立之有限公司）股份代號：8279 第三季度 第二季度 ? (0) 0 責任 財富 幸福 健康 幸運 ' " . ' GEM之特色 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。有意投資之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上市公司一般為中小型公司，在GEM買賣之證券可能會較於主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市 場。 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報告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部 分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本報告之資料乃遵照香港聯合交易所有限公司GEM證券上市規則而刊載，旨在提供 有關本公司之資料；各董事願就本報告之資料共同及個別地承擔全部責任。各董事 在作出一切合理查詢後，確認就其所深知及確信，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，且並無遺漏任何其他事項，足以令 ...

Financial Performance - The group's revenue for the six months ended June 30, 2020, was approximately HKD 43,900,000, a decrease of about 8.0% compared to HKD 47,700,000 for the same period in 2019[4] - The operating loss for the six months was approximately HKD 105,600,000, a reduction of about 12.1% from HKD 120,200,000 in the same period of 2019[4] - The net loss for the six months was approximately HKD 109,700,000, down about 5.5% from HKD 116,100,000 in the same period of 2019[4] - The group reported a total comprehensive loss of HKD 119,971,000 for the six months, compared to a loss of HKD 115,285,000 in the same period of 2019[7] - Basic loss per share for the six months was HKD 1.02, compared to HKD 1.07 for the same period in 2019[7] Revenue Breakdown - Revenue from lottery hardware sales decreased by approximately HKD 6,600,000, while revenue from gaming and entertainment decreased by about HKD 1,000,000, partially offset by an increase of HKD 4,600,000 in lottery games and systems[4] - Revenue for the three months ended June 30, 2020, was HKD 30,191,000, compared to HKD 27,557,000 for the same period in 2019, representing an increase of 5.9%[17] - Revenue from lottery hardware decreased to HKD 6,865,000 for the three months ended June 30, 2020, down from HKD 10,096,000 in the same period of 2019, a decline of 31.5%[17] - Revenue from lottery games and systems increased to HKD 17,449,000 for the three months ended June 30, 2020, compared to HKD 11,589,000 in the same period of 2019, an increase of 50.5%[17] - Revenue from gaming and entertainment business from subsidiaries increased to HKD 184 thousand for the six months ended June 30, 2020, compared to HKD 7 thousand in the same period of 2019[25] Assets and Liabilities - As of June 30, 2020, total assets amounted to HKD 3,105,317 thousand, a decrease of 4.6% from HKD 3,254,718 thousand as of December 31, 2019[8] - Non-current liabilities decreased to HKD 39,845 thousand, down 10.3% from HKD 44,696 thousand in the previous period[9] - The total liabilities of the company decreased to HKD 211,205 thousand, down 11.8% from HKD 239,496 thousand[9] - The total equity of the company as of June 30, 2020, was HKD 2,894,112 thousand, down from HKD 3,015,222 thousand at the end of 2019, reflecting a decrease of 4.0%[9] Cash Flow - The company reported a net cash outflow from operating activities of HKD 118,125 thousand, compared to HKD 154,192 thousand in the same period of 2019[13] - Cash and cash equivalents at the end of the period were HKD 501,022 thousand, a significant decrease from HKD 2,218,580 thousand at the end of 2019[13] - The company experienced a net cash outflow from investing activities of HKD 490,914 thousand, compared to a cash inflow of HKD 28,143 thousand in the same period of 2019[13] Inventory and Receivables - The company’s inventory increased to HKD 26,381 thousand, up from HKD 11,923 thousand, indicating a rise of 121.5%[8] - Trade receivables decreased to HKD 21,907 thousand, down 17.3% from HKD 26,646 thousand in the previous period[8] - Trade receivables as of June 30, 2020, were HKD 21,622,000, down from HKD 24,358,000 as of December 31, 2019, a decrease of 11.3%[23] Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial statements for the six-month period[79] - The company has adopted the corporate governance code as per GEM listing rules and has complied with it, except for certain deviations[80] - The roles of the chairman and CEO are held by the same individual, which the company believes is effective for strategy execution[80] - The company maintains a commitment to high standards of corporate governance to enhance transparency and protect shareholder interests[80] Strategic Initiatives - The company aims to expand its business globally by seeking opportunities in overseas markets such as India and Southeast Asia through strategic partnerships[30] - The company plans to continue developing a diversified gaming and entertainment platform to enhance its business value[30] - The company is expanding its mobile gaming and entertainment platform in India through a joint venture with One97 Communications Limited, with significant user base growth expected from the Paytm First Games platform[38] - The company aims to enhance its lottery distribution model through collaboration with Alibaba Group's retail ecosystem, leveraging both physical and online retail channels for synergy and opportunities[34] COVID-19 Impact - The group has implemented continuous monitoring and measures regarding the potential impact of COVID-19 on the expected timing of the use of remaining proceeds[56] - The company is committed to monitoring the development of the pandemic and its business progress to protect its interests[62] - Despite challenges from the COVID-19 pandemic, the domestic lottery market is steadily recovering, and the company aims to consolidate its leading position in China's lottery industry through collaboration with Alibaba and Ant Group[39] Shareholder Information - As of June 30, 2020, the company had issued a total of 11,672,342,235 shares[68] - Ali Fortune holds 6,502,723,993 shares, representing 55.71% of the total issued shares[75] - Maxprofit Global Inc. holds 2,006,250,000 shares, representing 17.19% of the total issued shares[75] - The company has no other individuals holding 5% or more of the voting shares as of June 30, 2020[78] Share Options and Incentives - No share options were granted or exercised during the six-month period, and options involving 10,387,500 shares have expired[86] - The fair value of previously granted share options was calculated using two option pricing models, with significant data including expected volatility ranging from 65.85% to 75.55%[87] - A total of 52,744,000 shares were granted under the share incentive plan, representing approximately 0.45% of the company's issued share capital as of the report date[89]

Financial Performance - The group's revenue for the three months ended March 31, 2020, was approximately HKD 13,700,000, a decrease of about 32.2% compared to HKD 20,200,000 for the same period in 2019[3]. - The operating loss for the three-month period was approximately HKD 72,000,000, compared to HKD 52,500,000 for the same period in 2019, primarily due to currency depreciation resulting in exchange losses[3]. - The net loss for the three months was approximately HKD 64,600,000, a decrease of about 9.0% compared to HKD 71,000,000 for the same period in 2019[3]. - The total comprehensive loss for the period was HKD 73,580,000, compared to HKD 53,819,000 for the same period in 2019[6]. - Basic loss per share was HKD 0.58, compared to HKD 0.65 for the same period in 2019[6]. - The group experienced a foreign currency exchange loss of HKD 8,935,000 during the period, compared to a gain of HKD 17,143,000 in 2019[6]. Revenue Breakdown - Revenue from lottery hardware was HKD 5,550,000, down from HKD 8,968,000 in 2019, representing a decline of approximately 38.5%[9]. - Revenue from lottery games and systems was HKD 5,929,000, down from HKD 7,165,000 in 2019, a decrease of about 17.3%[9]. - Revenue from lottery distribution and supporting services was HKD 1,893,000, down from HKD 3,424,000 in 2019, a decline of approximately 44.7%[9]. Dividend and Equity - The board of directors did not recommend the payment of an interim dividend for the three-month period[3]. - As of March 31, 2020, the total accumulated losses amounted to HKD 636,331,000, with total equity at HKD 3,015,222,000[14]. - The total equity as of January 1, 2019, was HKD 2,943,330,000, indicating a decrease in total equity over the period[14]. Market and Strategic Focus - The company aims to develop a comprehensive lottery, mobile gaming, and entertainment content and technology provider globally[16]. - Future strategies include seeking overseas opportunities and forming strategic partnerships in markets such as India and Southeast Asia[17]. - The company plans to assist lottery authorities in expanding product coverage in China through innovative hardware and marketing services[16]. - The company is actively developing its mobile gaming and entertainment platform in India through a joint venture with One97 Communications Limited, with significant user base growth expected[26]. - The company aims to leverage its technical expertise in lottery to create engaging gaming and entertainment content, enhancing user experience across various online channels[25]. COVID-19 Impact - The lottery sales and operations in China were fully suspended since late January 2020, with some provinces resuming sales in March[21]. - The company is closely monitoring the impact of the COVID-19 pandemic on lottery sales and operations, adapting strategies accordingly[21]. - The ongoing impact of the COVID-19 pandemic is being monitored, with necessary measures being taken to adapt to the changing business environment[48]. - The company anticipates that the progress of potential acquisitions and investment projects may slow down due to the pandemic, with uncertainty regarding when conditions will improve[54]. Investment and Proceeds - The remaining net proceeds from subscription activities as of March 31, 2020, amounted to approximately HKD 904.5 million, held in the group's bank accounts[32]. - The net proceeds allocated to the gaming and entertainment segment amounted to approximately HKD 10,800,000, with slower-than-expected utilization due to regulatory uncertainties in China[33]. - The net proceeds for investment projects and acquisitions were approximately HKD 42,200,000, with overall slower utilization due to ongoing discussions on potential acquisition targets[46]. - The company plans to reallocate approximately HKD 300,000,000 from gaming and entertainment to more stable core businesses, including hardware and lottery systems[51]. Shareholding and Corporate Governance - As of March 31, 2020, the company's directors and senior executives hold a total of 2,052,408,000 shares, representing 17.58% of the total equity[59]. - Major shareholder Ali Fortune holds 6,502,723,993 shares, representing 55.71% of the total shares[75]. - The company has granted 31,848,000 shares and 14,310,000 restricted stock units under the share incentive plan[1]. - The board of directors includes both executive and non-executive members, ensuring diverse oversight[89]. Compliance and Audit - The audit committee reviewed the unaudited condensed consolidated financial statements for the three-month period and deemed them to be prepared in accordance with applicable accounting standards[79]. - The company confirmed compliance with the trading regulations set forth in the GEM Listing Rules during the three-month period[80]. - There were no interests held by directors or major shareholders in any competing businesses during the three-month period[79].

AGTECH 亞博科技控股有限公司 (於百慕達註冊成立之有限公司) 股份代號:8279 2019 年 度 報 告 財 富 . 幸 福 健 康 幸 運 ● 責 任 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。有意投資之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 上市公司一般為中小型公司，在 GEM 買賣之證券可能會較於主板買 賣之證券承受較大之市場波動風險，同時無法保證在 GEM 買賣之證券會有高 流通量之市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不就因本報告全部或任何部份內容而產生或因倚賴該等 内容而引致之任何损失承擔任何責任。 本報告的資料乃遵照 GEM 上市規則而刊載，旨在提供本公司的資料 ; 各董事願就本報告 的資料共同及個別地承擔全部責任。各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 ...

AGTECH 亞博科技控股有限公司 (於百慕達註冊成立之有限公司) 股份代號:8279 2019 第三季度業績報告 財 富 幸 福 健 康 幸 運 貴 任 GEM之特色 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。有意投資之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上市公司一般為中小型公司，在GEM買賣之證券可能會較於主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市 場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本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之任何損失承擔任何責任。 本報告之資料乃遵照GEM上市規則而刊載，旨在提供有關本公司之資料；各董事願 就本報告之資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認 就其所深知及確信，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，且並無遺漏任何其他事項，足以令致本報告所載任何陳述或本報告產生誤導。 亞博科技控 ...