股 份 代 號: 8285 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） 2021 年 報 Stock code: 8285 (Incorporated in the Cayman Islands with limited liability) 2021 ANNUAL REPORT Annual Report 2021 年報 SLIN G GROUP HOL DINGS LIMITE D 森 浩 集 團 股 份 有 限 公 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應了解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，故在GEM買賣的證券可能會承受較於聯 交所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「 ...

股 份 代 號: 8285 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） 第三季度 報告 2021 Third Quarterly Report2021 Stock code: 8285 (Incorporated in the Cayman Islands with limited liability) 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應了解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，在GEM買賣的證券可能會承受較於聯交 所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關森浩集團 股份有限公司（「本公司」）的資 ...

股 份 代 號: 8285 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） 由於在GEM上市的公司一般為中小型公司，在GEM買賣的證券可能會承受較於聯交 所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關森浩集團 股份有限公司（「本公司」）的資料。本公司董事（「董事」）願對此共同及個別承擔全部責 任。董事在作出一切合理查詢後確認，就彼等深知及確信，本報告所載資料在各重大 方面均屬準確及完整，且無誤導及欺詐成分；及並無遺漏任何其他事宜致使本報告所 載任何陳述或本報告產生誤導。 簡明綜合損益及其他全面收益表（未經審核） 中期報告 2021 Interim Report 2021 Stock code: 8285 (Incorporated in the Cayman Islands with li ...

股 份 代 號: 8285 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） 第一季度 報告 2021 Report2021 Stock code: 8285 (Incorporated in the Cayman Islands with limited liability) 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應了解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，在GEM買賣的證券可能會承受較於聯交 所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關森浩集團 股份有限公司（「本公司」）的資料。本公司各董事（「董事」）願對 ...

股 份 代 號: 8285 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） Annual Report 集 2020 年報 SLIN G GROUP HOL DINGS LIMITE D 森 浩 團 股 份 有 限 公 司 Stock code: 8285 (Incorporated in the Cayman Islands with limited liability) Annual Report 2020 2020 年報 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應了解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，故在GEM買賣的證券可能會承受較於聯 交所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依賴該 等內容而引致的任何損失承擔 ...

香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應瞭解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，故在GEM買賣的證券可能會承受較於聯 交所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關森浩集團 股份有限公司（「本公司」）的資料。本公司各董事（「董事」）願對此共同及個別承擔全部 責任。各董事在作出一切合理查詢後確認，就彼等深知及確信，本報告所載資料在各 重大方面均屬準確及完整，且無誤導或欺詐成分；及並無遺漏任何其他事宜致使本報 告所載任何陳述或本報告產生誤導。 1 森浩集團股份有限公司 2020年第三季度報告 簡明綜合損益及其他全面收益表（未 ...

香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所主板上市的其他公司帶有更高投資風險的中小型公司提 供上市的市場。有意投資者應了解投資於此類公司的潛在風險，並應經審慎周詳考慮 後方作出投資決定。 由於在GEM上市的公司一般為中小型公司，在GEM買賣的證券可能會承受較於聯交 所主板買賣的證券為高的市場波動風險，同時亦無法保證在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，並明確表示概不會對本報告的全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關森浩集團 股份有限公司（「本公司」）的資料。本公司各董事（「董事」）願對此共同及個別承擔全部 責任。各董事在作出一切合理查詢後確認，就彼等深知及確信，本報告所載資料在各 重大方面均屬準確及完整，且無誤導及欺詐成分；及並無遺漏任何其他事宜致使本報 告或當中所載任何陳述產生誤導。 1 森浩集團股份有限公司 2020年中期報告 簡明綜合損益及其他全面收益表（未經審核） ...

股份代號 : 8285 （於開曼群島註冊成立的有限公司 ） Quarterly 2020 Report 第一季度報告 Stock code: 8285 (Incorporated in the Cayman Islands with limited liability) 2020 First | | | 截至3月31日止三個月 | | | --- | --- | --- | --- | | | | 2020年 | 2019年 | | | 附註 | 人民幣千元 | 人民幣千元 | | | | （未經審核） | （未經審核） | | 以下人士應佔本期虧損： | | | | | 本公司權益持有人 | | (6,470) | (2,236) | | 非控股權益 | | 205 | — | | | | (6,265) | (2,236) | | 以下人士應佔本期全面虧損總額： | | | | | 本公司權益持有人 | | (6,101) | (2,670) | | 非控股權益 | | 205 | — | | | | (5,896) | (2,670) | | | | 人民幣分 | 人民幣分 | | 本公司權益持有人應佔 ...

Financial Performance - The total revenue for the group in 2019 was RMB 146.1 million, representing a 3.6% increase compared to 2018[14]. - Sales from the newly launched ELLE brand luggage and travel accessories contributed RMB 45.7 million to the revenue[14]. - Handbag sales revenue decreased to RMB 100.4 million due to weakened demand and increased competition from other brands[14]. - Revenue in Q1 and Q2 of 2019 dropped by 25.0% and 1.6% respectively, but increased by approximately 28.7% and 21.3% in Q3 and Q4[14]. - In 2019, total sales increased by RMB 5.0 million to RMB 146.1 million, representing a growth of 3.6% compared to RMB 141.1 million in 2018[24]. - Online retail sales accounted for 73.6% of total revenue, reaching RMB 107.6 million, a 21.1% increase from RMB 88.8 million in 2018[24]. - Offline retail sales decreased by 34.7% to RMB 3.5 million, down from RMB 5.4 million in 2018, representing only 2.4% of total revenue[26]. - Wholesale to offline retailers dropped by 39.4%, with sales decreasing to RMB 13.6 million from RMB 22.5 million in 2018[27]. - Revenue from the ELLE brand increased to RMB 118.1 million, contributing 80.8% of total revenue, up from 67.4% in 2018[28]. - Revenue from the Jessie & Jane brand fell to RMB 28.0 million, a decline of 39.1% from RMB 46.0 million in 2018[28]. - Gross profit decreased by RMB 3.0 million or 3.9% to approximately RMB 73.8 million, with a gross margin of 50.5%, down from 54.4% in 2018[30]. - Total sales related to online business reached RMB 129.0 million, a 14.0% increase from RMB 113.2 million in 2018, accounting for 88.3% of total sales[24]. Operational Efficiency - The company is restructuring its e-commerce team to enhance sales through online channels[10]. - The company has streamlined its procurement planning and after-sales teams to improve operational efficiency[10]. - The company plans to streamline operations and focus on rapidly growing online sales in response to the challenging business environment[41]. - Sales and distribution costs increased by approximately RMB 5.6 million or 8.7% to about RMB 69.8 million, primarily due to marketing expenses and salaries related to direct retail stores[31]. - Administrative and other operating expenses decreased by approximately RMB 1.4 million or 5.1% to about RMB 26.1 million, mainly due to controlled travel expenses and reduced unrealized exchange losses[32]. Strategic Planning - The company acknowledges the need for a strategic repositioning to enhance future competitiveness[10]. - The management is optimistic about controlling the negative impacts of the COVID-19 pandemic in the coming months[11]. - The company is focused on strategic planning and development in the women's handbag industry, leveraging over 17 years of experience in the market[54]. Corporate Governance - The board consists of eight directors, including three executive directors, two non-executive directors, and three independent non-executive directors[73]. - The company has adhered to the corporate governance code as per GEM listing rules during the year ending December 31, 2019[71]. - The management team is responsible for daily operations and management, while the board oversees the company's strategic direction and resource allocation[72]. - The company has established committees under the board to enhance oversight and governance[72]. - The remuneration committee, consisting of three independent non-executive directors, was established to recommend overall remuneration policies for all directors and senior management[90]. - The company has established a nomination committee to recommend candidates for board appointments and monitor the implementation of the diversity policy[96]. - The board is committed to maintaining effective internal control and risk management systems to protect shareholder interests[106]. - The company has not established an internal audit department due to its simple corporate structure but has sought external advice for improvements[108]. Environmental, Social, and Governance (ESG) Initiatives - The company’s ESG report outlines efforts and achievements in corporate social responsibility and sustainable development for the year ending December 31, 2019[131]. - The ESG report focuses on the environmental and social performance of the company’s wholly-owned subsidiary, Seng Ho Trading (Shanghai) Co., Ltd.[132]. - The company values stakeholder communication and has conducted stakeholder engagement and materiality assessments to understand stakeholder needs[136]. - The company encourages feedback from stakeholders regarding its ESG initiatives and policies[134]. - The company reported a total of 12 tons of non-hazardous waste generated in 2019, an increase from 9 tons in 2018[151]. - The amount of hazardous waste generated in 2019 was 2 kg, down from 3 kg in 2018, with a per square meter generation rate of 0.002 kg/m²[151]. - The nitrogen oxide emissions from the company's vehicles increased to 1.04 kg in 2019 from 0.86 kg in 2018[151]. - The company has implemented effective fleet management to reduce emissions, including regular vehicle inspections and maintenance[151]. - The company has provided training on environmental, health, and safety policies to employees and manufacturers to raise awareness of environmental protection[148]. - The company adheres to local environmental regulations, including the Water Pollution Prevention Law and the Air Pollution Prevention Law of the People's Republic of China[148]. - Total energy consumption decreased from 133 MWh in 2018 to 87 MWh in 2019, representing a reduction of approximately 34.6%[153]. - Total greenhouse gas emissions rose significantly from 111 tons CO2 equivalent in 2018 to 701 tons CO2 equivalent in 2019, an increase of about 531.5%[157]. Employee Management - The total employee cost for the year ended December 31, 2019, was RMB 18.0 million, slightly up from RMB 17.6 million in 2018[51]. - The company employed 73 staff members as of December 31, 2019, down from 88 in 2018[51]. - The company aims to enhance employee retention and motivation as a key strategy for success in both online and offline distribution[51]. - The management team regularly reviews compensation policies based on operational performance and market standards[51]. - The company emphasizes employee training and development, offering onboarding training for new hires and product-related training before launching new products, while also providing subsidies for employees pursuing relevant professional qualifications[164]. Customer Relations - The company has implemented a comprehensive complaint handling procedure to address customer inquiries and issues effectively[175]. - Customers can return products purchased through third-party e-commerce platforms within seven days without reason, and products sold through the company's retail points can also be returned under similar conditions[174]. - The company offers a lifetime repair service for ELLE leather products, charging only for material costs[174]. - The company has a strict quality control process and allows product returns within 90 days if quality issues arise[177]. Legal Compliance - The company emphasizes the importance of intellectual property, ensuring compliance with laws and regulations related to trademarks and other rights[178]. - The company adheres to data protection and privacy laws, requiring employees to maintain confidentiality regarding sensitive information[179]. - The company has not been involved in any legal cases related to corruption during the year, adhering strictly to anti-corruption laws[180].

SLING GROUP HOLDINGS LIMITED 森浩集團股份有限公司 （於開曼群島註冊成立的有限公司） 股份代號：8285 第三季度報告 THIRD QUARTERLY REPORT (Incorporated in the Cayman Islands with limited liability) Stock code: 8285 SLING GROUP HOLDINGS LIMITED 森浩集團股份有限公司 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所上市的其他公司帶有更高投資 風險的中小型公司提供上市的市場。有意投資者應了解投資 於此類公司的潛在風險，並應經審慎周詳考慮後方作出投資 決定。 截至2019年9月30日止九個月 由於在GEM上市的公司一般為中小型公司，故在GEM買賣的 證券可能會承受較於主板買賣的證券為高的市場波動風險， 同時亦無法保證在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 不會對本報告的全部或任何部分內容所產生或因依賴該等內 容而引致的任 ...