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。 FINET GROUP LIMITED 財華社集團有限公司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：8317） 年度業績公告 截至二零二五年三月三十一日止年度 財華社集團有限公司（「本公司」及其附屬公司「本集團」）董事（「董事」）會（「董事會」）謹此 宣佈本集團截至二零二五年三月三十一日止年度之經審核全年業績。 本公告（載有本公司二零二五年年報（「二零二五年年報」）全文）符合聯交所GEM證券上 市規則（分別為「GEM」及「GEM上市規則」）有關年度業績初步公告隨附資料之相關規 定。載有GEM上市規則所規定資料之二零二五年年報印刷本將在適當時候按GEM上市 規則所規定之方式寄發予本公司股東，並可供於聯交所網站(www.hkexnews.hk)及本公司 網站(www.finet.hk)瀏覽。 承董事會命 財華社集團有限公司 主席兼執行董事 勞玉儀 香港，二零二五年六月二十七日 – 1 – ...

Financial Performance - For the six months ended September 30, 2024, the group recorded revenue of approximately HKD 4,167,000, a decrease of about 65.8% compared to HKD 9,380,000 for the same period in 2023[21] - The group reported an unaudited consolidated loss attributable to owners of approximately HKD 4,301,000 for the six months ended September 30, 2024, compared to a loss of HKD 3,781,000 for the same period in 2023[21] - Gross profit for the six months ended September 30, 2024, was HKD 3,903,000, down from HKD 9,082,000 in the same period of 2023[23] - The total comprehensive loss for the period was HKD 5,096,000, compared to HKD 2,123,000 for the same period in 2023[25] - The basic and diluted loss per share attributable to owners of the company was HKD 0.43 for the six months ended September 30, 2024, compared to HKD 0.47 for the same period in 2023[23] - The group reported a total loss of HKD 4,133 thousand for the six months ended September 30, 2024, compared to a loss of HKD 2,044 thousand for the same period in 2023[52] - For the six months ended September 30, 2024, the company reported a pre-tax loss of approximately HKD 4,301,000, compared to a loss of HKD 3,781,000 for the same period in 2023, reflecting an increase in loss of about 13.8%[65] Revenue Breakdown - Revenue for the six months ended September 30, 2024, was HKD 4,167 thousand, a decrease of 55.6% compared to HKD 9,380 thousand for the same period in 2023[49] - Service income from financial information services was HKD 566 thousand, up from HKD 111 thousand, representing a significant increase of 410.8%[49] - Advertising and investor relations service income decreased to HKD 1,760 thousand from HKD 8,661 thousand, a decline of 79.7%[49] - The securities business generated brokerage and service income of HKD 1,840 thousand, down from HKD 2,606 thousand, a decrease of 29.4%[49] - The company’s revenue from financial information services decreased to HKD 720,000 for the six months ended September 30, 2024, down from HKD 3,000,000 in the same period of 2023, indicating a decline of approximately 76%[81] Expenses and Costs - General and administrative expenses were HKD 9,525,000 for the six months ended September 30, 2024, compared to HKD 12,815,000 for the same period in 2023[23] - Other income and losses amounted to HKD 1,603,000 for the six months ended September 30, 2024, down from HKD 3,633,000 in the same period of 2023[23] - The cost of revenue for the six months ended September 30, 2024, was approximately HKD 264,000, down about 11.4% from approximately HKD 298,000 in the same period of 2023[92] Assets and Liabilities - As of September 30, 2024, total assets increased to HKD 77,279 million from HKD 66,114 million as of March 31, 2024, representing a growth of approximately 16.5%[27] - Current liabilities increased to HKD 31,028 million from HKD 14,768 million, reflecting a rise of 109.5%[29] - The company’s equity decreased to HKD 38,746 million from HKD 43,842 million, a decline of approximately 11.6%[29] - The total liabilities increased to HKD 38,533 million from HKD 14,768 million, reflecting a growth of 160.5%[29] - The net value of current assets was HKD 18,136 million, down from HKD 21,695 million, indicating a decrease of about 16.5%[29] Cash Flow - The net cash outflow from operating activities was HKD 4,419 million, compared to HKD 868 million in the previous year, indicating a deterioration in cash flow[33] - Financing activities generated a net cash inflow of HKD 14,156 million, a substantial increase from HKD 4,464 million in the prior period[33] - Cash and cash equivalents rose significantly to HKD 18,307 million, up from HKD 8,551 million, marking an increase of 114.5%[27] Shareholder Information - As of September 30, 2024, the company has 999,808,161 shares issued[119] - Major shareholder Pablos holds 594,340,889 shares, representing 59.45% of the total shares[118] - Executive director Ms. Lau holds 79,349,087 shares, which is 67.38% of the total shares[115] Corporate Governance - The company has complied with the corporate governance code as per GEM listing rules, with some exceptions noted[133] - The company has a stock option plan in place, with 9,038,640 options remaining as of September 30, 2024[123] - The company has adopted a conservative management policy and currently does not have insurance for legal actions against directors[135] - The company’s audit committee has reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2024[129] Management and Strategy - The group plans to enhance its sales and marketing team to boost revenue and expects the investor relations business to become a significant profit source in the coming years[97] - The group continues to expand its service offerings through its securities company, which is expected to generate considerable management and performance fee income from fund management activities in the near future[98] - The company continues to review the separation of the roles of chairman and CEO, currently held by Ms. Lao Yuyi, who has managed the group's business since 2011[143] Changes in Management - Mr. Yu Jiayao resigned as an independent non-executive director and chairman of the corporate governance committee effective August 27, 2024, with Mr. Li Zhihong appointed to the roles[139]

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。 FINET GROUP LIMITED 財華社集團有限公司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：8317） 中期業績公告 截至二零二四年九月三十日止六個月 財華社集團有限公司（分別為「本公司」及連同其附屬公司統稱「本集團」）董事會（「董事 會」）公佈本集團截至二零二四年九月三十日止六個月的未經審核財務業績。 本公告載有本公司二零二四年中期報告（「二零二四年中期報告」）全文，其遵守香港聯合 交易所有限公司GEM證券上市規則（分別為「GEM」及「GEM上市規則」）有關中期業績初 步公告隨附資料的相關規定。載有GEM上市規則所規定資料的二零二四年中期報告印刷 本將寄發予本公司股東，並按GEM上市規則規定的方式於適當時候在香港聯合交易所有 限公司網站www.hkexnews.hk之「最新上市公司公告」一頁及本公司網站www.finet.hk可供 瀏覽。 | --- | --- | --- ...

Financial Performance - The group recorded a revenue of approximately HKD 13,433,000 for the fiscal year ending March 31, 2024, representing an increase from HKD 12,864,000 in the previous year[8]. - The loss attributable to the company's owners was HKD 8,497,000, an improvement from a loss of HKD 16,341,000 in the prior year[8]. - Total assets increased to HKD 66,114,000 from HKD 62,100,000, while total liabilities decreased significantly from HKD 43,046,000 to HKD 22,272,000[8]. - The net asset value rose to HKD 43,842,000 compared to HKD 19,054,000 in the previous year, indicating a strong improvement in financial health[8]. - Basic and diluted loss per share improved to HKD (0.01) from HKD (0.02) year-on-year, reflecting better operational performance[8]. - Other income and net losses for the year ended March 31, 2024, were approximately HKD 6,622,000, a decrease from HKD 7,446,000 in the previous year, primarily due to an increase in fair value losses on investment properties by approximately HKD 3,360,000[23]. - Employee benefit expenses for the year ended March 31, 2024, were approximately HKD 13,595,000, a decrease of about 25.2% from HKD 18,172,000 in the previous year[23]. - Other operating expenses for the year ended March 31, 2024, were approximately HKD 5,829,000, a decrease of about 43.5% from HKD 10,319,000 in the previous year[23]. - Financing costs for the year ended March 31, 2024, were approximately HKD 160,000, a decrease of about 74.0% from HKD 616,000 in the previous year, mainly due to no interest expenses incurred[23]. - The group's total equity as of March 31, 2024, was HKD 43,842,000, an increase of 130.1% from HKD 19,054,000 in the previous year[27]. Strategic Initiatives - The company aims to enhance collaboration with the Hong Kong Stock Exchange to promote investment education and deepen market integration between Hong Kong and mainland China[12]. - The group plans to leverage foreign institutional licenses to attract more mainland investors to the Hong Kong stock market, enhancing market activity and trading volume[12]. - The company is focusing on developing financial products and services to capture the influx of capital from the Middle East, particularly from Saudi Arabia[12]. - The group plans to enhance its family office business and deepen its digital transformation strategy, leveraging advanced technologies like big data and AI[14]. - The group plans to strengthen its sales and marketing teams to diversify revenue streams and enhance its investor relations business, which is expected to become a profitable segment in the coming years[44]. - The group aims to leverage its competitive advantages across multiple platforms to increase market share in the media industry in China and Hong Kong[44]. - The group’s securities company, 財華證券, is expanding its services, including portfolio management and private fund investment consulting, with expectations of generating significant management and performance fee income in the near future[45]. Corporate Governance - The board of directors did not recommend a final dividend for the year ending March 31, 2024, consistent with the previous year[41]. - The company has maintained compliance with the corporate governance code throughout the fiscal year, ensuring high standards of ethics, transparency, and accountability[64]. - The board is responsible for the overall management of the company and has delegated daily management powers to executive directors and management teams[69]. - The company has confirmed that all independent non-executive directors are independent as per GEM listing rules, with at least one possessing relevant professional knowledge in accounting or finance[70]. - The company has adopted a compliance manual for senior management regarding securities trading, ensuring adherence to trading guidelines[65]. - The company has a commitment to long-term value creation for shareholders through effective corporate governance practices[63]. - The board has the authority to approve and monitor significant corporate matters and assess company performance[69]. - The company has a structured approach to training and continuous professional development for its directors[64]. - The board has confirmed that there are no significant financial, business, familial, or other relationships among its members[70]. - The company has a policy for the rotation of directors, with all non-executive and independent non-executive directors appointed for a term of one year[71]. - The audit committee held four meetings during the fiscal year ending March 31, 2024, with attendance records showing that Mr. Huang Wei-jian and Mr. Wang Guo-xian attended all meetings, while Mr. Yu Ji-yao attended one out of three meetings[74]. - The audit committee reviewed the company's financial matters, including quarterly, interim, and annual financial reports, and made recommendations to the board[74]. - The consolidated financial statements for the fiscal year ending March 31, 2024, were audited by Guo Fu Hao Hua (Hong Kong) CPA Limited, which will be proposed for reappointment at the upcoming annual general meeting[75]. - The remuneration committee held three meetings during the fiscal year, with all members attending each meeting[77]. - The nomination committee also held three meetings during the fiscal year, with full attendance from all members[78]. - The corporate governance committee held one meeting during the fiscal year, with all members present[81]. - The company has adopted a board diversity policy, emphasizing the importance of diversity in maintaining competitive advantage[82]. - The board currently consists of members with diverse professional backgrounds, including management, finance, and marketing, achieving gender diversity[84]. - The nomination committee believes the board has sufficient diversity and has not set measurable targets for diversity[85]. - The company has established a director nomination policy to ensure a balanced skill set and experience within the board[87]. - The company received approximately HKD 500,000 for audit services, with no fees for non-audit services during the fiscal year ending March 31, 2024[94]. - The board confirmed their responsibility for preparing the financial statements for the fiscal year ending March 31, 2024[95]. - The company secretary completed no less than 15 hours of relevant professional training as required by GEM listing rules[97]. - The board is responsible for evaluating and determining the nature and extent of risks the company is willing to take to achieve its strategic objectives[98]. - The internal audit function reported no significant issues regarding the effectiveness of the internal control system during the review year[100]. - The company adopted a whistleblowing policy in April 2022, with no significant fraud or misconduct affecting the financial statements or overall operations reported for the fiscal year ending March 31, 2024[102]. - The company is committed to preventing, detecting, and reporting fraud, including fraudulent financial reporting, as part of its anti-corruption policy[103]. - The board will review the director nomination policy in a timely manner to ensure its effectiveness[90]. - The company emphasizes gender diversity across all levels, including senior management, and will continue to promote this initiative[91]. - The board has established a clear management structure with defined authority and responsibilities to ensure adequate checks and balances[99]. Environmental and Social Responsibility - The total greenhouse gas emissions for the fiscal year ending March 31, 2024, amounted to 87,302.8 kg, a slight increase from 86,774.4 kg in the previous year, with a density of 1,678.9 kg per employee[167]. - The company utilized approximately 135,032 kWh of electricity during the reporting period, compared to 131,740 kWh in the previous year, indicating a focus on energy efficiency[175]. - The usage of A4 paper was recorded at 92,686 sheets, down from 98,738 sheets in the previous year, reflecting efforts towards waste reduction[175]. - The company adheres to the 4R principles (Reduce, Reuse, Recycle, Replace) to minimize environmental impact and promote sustainability[162]. - The company has not reported any significant air, water, or land pollution incidents during the reporting period[166]. - The company encourages employees to use public transportation and video conferencing to reduce carbon emissions[165]. - The company emphasizes the importance of waste management through reduction, reuse, and recycling initiatives[169]. - The company has implemented a paperless payroll system to further reduce paper waste[169]. - The company engages with stakeholders through various channels, including internal communications and investor meetings, to align sustainability goals with stakeholder expectations[160]. - The company is committed to environmental protection and compliance with relevant laws and regulations, enhancing its governance and social responsibility[159]. - The company emphasizes its commitment to reducing environmental impact and adopting industry best practices for sustainable development[177]. - The company regularly monitors indoor air quality to ensure a healthy working environment for employees[178]. Employee Relations - The company adheres to the Employment Ordinance of Hong Kong and the Labor Law of China, ensuring compliance with labor regulations[179]. - Employee compensation is determined based on qualifications, experience, and market standards, ensuring internal equity and competitiveness[180]. - The company provides social insurance and housing fund contributions for employees in China, and mandatory provident fund contributions for employees in Hong Kong[181]. - The company implements a standard working hours system, with a five-day work week and specific working hours[183]. - The company offers comprehensive onboarding training to enhance employees' understanding of its business and corporate culture[190]. - The company has not received any complaints related to intellectual property infringement or customer data breaches during the reporting period[193]. - The company strictly adheres to anti-corruption and anti-bribery laws in its operations[195]. - Total number of employees as of March 31, 2024, is 52[199]. - Employee turnover rate is 51.6% with 29 employees leaving[199]. - Gender distribution shows 23 female employees (44.2%) and 29 male employees (55.8%)[199]. - Age distribution indicates 14 employees are under 30, 30 are between 31-50, and 8 are 51 or older[199]. - Employee distribution by region shows 17 in Hong Kong and 35 in China[199]. - Management comprises 5 employees, while general staff totals 47[199]. - Female turnover rate is 56.5% with 13 females leaving, while male turnover rate is 55.2% with 16 males leaving[199]. - The company encourages community and charitable activities among employees[197]. - No significant violations related to bribery, extortion, fraud, or money laundering were reported during the period[196]. - The company aims to promote social development and harmony through its community investment initiatives[197].

Financial Performance - Revenue for the year ended March 31, 2024, was HKD 13,433,000, an increase of 4.4% from HKD 12,864,000 in 2023[2] - The net loss for the year was HKD 7,281,000, significantly reduced from a loss of HKD 16,234,000 in the previous year, representing a 55.2% improvement[2] - The company reported a loss attributable to shareholders of HKD 8,497,000 for the year ended March 31, 2024, compared to a loss of HKD 16,341,000 for the previous year, representing a 48.0% reduction in losses[84] - The group reported a loss before tax of HKD 9,297 million for the year ended March 31, 2024, compared to a loss of HKD 17,578 million in the previous year, indicating an improvement of approximately 47.2%[70] - The company reported a loss after tax of approximately HKD 7,281,000 for the year ended March 31, 2024, a significant reduction from a loss of approximately HKD 16,234,000 in 2023[120] Assets and Liabilities - The company's total assets increased to HKD 66,114,000 from HKD 62,100,000, reflecting a growth of 6.5%[10] - Total liabilities decreased significantly to HKD 22,272 million from HKD 43,046 million, a reduction of about 48.3%[29] - The net current assets stood at HKD 21,695,000, up from HKD 18,807,000, indicating a 15.5% increase[10] - Total equity attributable to the owners of the company rose to HKD 43,842,000 from HKD 19,054,000, an increase of 130.2%[11] - The debt-to-equity ratio improved to (0.5x) from (2.3x), reflecting a 78.3% reduction[144] Revenue Streams - Revenue from advertising and investor relations services increased to HKD 12,018 million from HKD 11,366 million, representing a growth of approximately 5.8%[45] - Revenue from the securities brokerage and asset management business for the year ended March 31, 2024, was approximately HKD 6,000,000, a decrease from approximately HKD 10,000,000 in 2023[116] - Major customer A1 contributed HKD 3,143 million in revenue for the year ended March 31, 2024, while customer C1 contributed HKD 2,500 million in the previous year[60] Expenses - The company reported a decrease in employee benefits expenses to HKD 13,595,000 from HKD 18,172,000, a reduction of 25.5%[2] - The group incurred a total depreciation expense of HKD 3,889 million for the year ended March 31, 2024, compared to HKD 3,841 million in the previous year, showing an increase of approximately 1.3%[73] - Operating expenses for the year ended March 31, 2024, were approximately HKD 5,829,000, a decrease of about 43.5% from approximately HKD 10,319,000 in 2023[119] Financing and Investments - The company recorded a financing cost reduction to HKD 160,000 from HKD 616,000, a decrease of 74.0%[2] - The group’s financing costs for the year ended March 31, 2024, amounted to HKD 9,137 million, a decrease from HKD 17,578 million in the previous year, indicating a reduction of approximately 48.0%[70] - The net proceeds from the rights issue, after deducting expenses, amounted to approximately HKD 22.5 million, which was fully utilized for repaying shareholder loans, expanding investor relations business, and general working capital[132] Shareholder Information - The company did not declare or propose any dividends for the year ended March 31, 2024, consistent with the previous year[107] - The company does not recommend the payment of a final dividend for the year ended March 31, 2024, consistent with the previous year[128] - The weighted average number of ordinary shares issued increased from 785,257,000 to 937,888,000, resulting in a basic loss per share of HKD (0.01) compared to HKD (0.02) in the previous year[84][85] Future Plans and Commitments - The company plans to continue strengthening its position in providing financial news services and expanding its digital marketing business in the media industry in China and Hong Kong[129] - The company plans to enhance its sales and marketing teams to diversify revenue streams and expects the investor relations business to become profitable in the coming years[153] - The company continues to host events for the top 100 Hong Kong listed companies, establishing a solid foundation for its event management business[154] Governance and Compliance - The company maintains a commitment to high-quality corporate governance and transparency for all shareholders[158] - There were no significant events or capital commitments reported after the reporting period[145][156]

Financial Performance - For the six months ended September 30, 2023, the group recorded revenue of approximately HKD 9,380,000, an increase of about 29.8% compared to HKD 13,366,000 for the same period in 2022[10] - The group reported an unaudited consolidated loss attributable to owners of approximately HKD 3,781,000 for the six months ended September 30, 2023, compared to a loss of HKD 1,311,000 for the same period in 2022[10] - The gross profit for the six months ended September 30, 2023, was HKD 9,082,000, down from HKD 12,644,000 in the same period of 2022[11] - The total comprehensive loss for the six months ended September 30, 2023, was HKD 2,123,000, compared to a total comprehensive income of HKD 1,239,000 for the same period in 2022[12] - The basic and diluted loss per share for the six months ended September 30, 2023, was HKD 0.47, compared to HKD 0.20 for the same period in 2022[11] - The group reported a loss before tax of HKD 2,044,000 for the six months ended September 30, 2023, compared to a profit of HKD 284,000 in the same period of 2022[31] - For the six months ended September 30, 2023, the company reported a loss attributable to owners of approximately HKD 3,781,000, compared to a loss of HKD 1,311,000 for the same period in 2022, indicating an increase in losses of 187%[44] Revenue Breakdown - Revenue for the three months ended September 30, 2023, was HKD 5,059,000, a decrease of 15.2% compared to HKD 5,968,000 for the same period in 2022[27] - Revenue from financial information services for the six months ended September 30, 2023, was HKD 111,000, down 13.3% from HKD 128,000 in 2022[34] - Advertising and investor relations service revenue for the six months ended September 30, 2023, was HKD 8,661,000, a decline of 31.1% from HKD 12,595,000 in 2022[27] - Total income from other sources for the six months ended September 30, 2023, was HKD 3,633,000, an increase of 5.2% compared to HKD 3,453,000 in 2022[27] Expenses and Costs - The group incurred a financing cost of HKD 33,000 for the six months ended September 30, 2023, compared to HKD 391,000 for the same period in 2022[11] - The company reported a significant increase in employee benefits expenses, totaling HKD 7,001,000 for the six months ended September 30, 2023, down from HKD 9,959,000 in the same period of 2022, a decrease of 30%[44] - General and administrative expenses were approximately HKD 12,815,000, a reduction of about 16.8% from approximately HKD 15,398,000 for the same period in 2022[63] - The cost of sales decreased to approximately HKD 298,000, down about 58.7% from approximately HKD 722,000 in the same period last year[63] Assets and Liabilities - Total assets increased to HKD 66,846,000 as of September 30, 2023, compared to HKD 62,100,000 as of March 31, 2023, reflecting a growth of approximately 7.4%[14] - Current assets rose to HKD 36,868,000, up from HKD 30,114,000, marking an increase of about 22.8%[14] - Cash and cash equivalents increased significantly to HKD 11,539,000 from HKD 8,022,000, representing a growth of approximately 43.1%[14] - The company's net asset value surged to HKD 49,115,000 as of September 30, 2023, compared to HKD 19,054,000 at the end of March 2023, indicating a substantial increase of around 157.5%[16] - Total liabilities as of September 30, 2023, were HKD 17,731,000, compared to HKD 43,046,000 as of March 31, 2023[36] - The company's non-current assets totaled HKD 29,978,000 as of September 30, 2023, down from HKD 31,986,000, indicating a decrease of approximately 6.3%[14] Shareholder Information - As of September 30, 2023, the company has a total of 999,808,161 issued ordinary shares[83] - Ms. Lau holds 79,349,087 shares directly and has control over 594,340,889 shares through Maxx Capital International Limited, representing 65.27% of the issued shares[82] - Major shareholder Pablos International Limited holds 594,340,889 shares, accounting for 59.45% of the total issued shares[85] - The average number of issued shares increased to 797,661,156 for the six months ended September 30, 2023, compared to 666,538,774 for the same period in 2022, reflecting a growth of 20%[44] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors[92] - The company has complied with the corporate governance code as per GEM listing rules, with the exception of the separation of roles between the Chairman and CEO, which is currently held by Ms. Lau Yu-yee since 2011[98] - The board believes that Ms. Lau's dual role provides excellent and consistent leadership for the group's management and business development[98] - The company confirmed compliance with the trading standards for directors throughout the reporting period[95] Future Outlook - The group plans to enhance its sales and marketing team to boost revenue, with expectations that the investor relations business will become a significant profit source in the coming years[68] - The company is tightening credit control measures in its lending business to mitigate default risks, as the difficulty in granting loans has increased in recent years[60] - The group continues to face challenges and uncertainties in the global economy and the stock markets in mainland China and Hong Kong[71]

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。 FINET GROUP LIMITED 財 華 社 集 團 有 限 公 司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：8317） 中期業績公告 截至二零二三年九月三十日止六個月 財華社集團有限公司（分別為「本公司」及連同其附屬公司統稱「本集團」）董事會（「董事 會」）公佈本集團截至二零二三年九月三十日止六個月的未經審核財務業績。 本公告載有本公司二零二三年中期報告（「二零二三年中期報告」）全文，其遵守香港聯合 交易所有限公司GEM證券上市規則（分別為「GEM」及「GEM上市規則」）有關中期業績初 步公告隨附資料的相關規定。載有GEM上市規則所規定資料的二零二三年中期報告印刷 本將寄發予本公司股東，並按GEM上市規則規定的方式於適當時候在香港聯合交易所有 限公司網站www.hkexnews.hk之「最新上市公司公告」一頁及本公司網站www.finet.hk可供 瀏覽。 承董事會命 財華社集 ...

Financial Performance - For the three months ended June 30, 2023, the group recorded revenue of approximately HKD 4,321,000, a decrease of about 41.6% compared to HKD 7,398,000 for the same period in 2022[9] - The group reported a net profit attributable to owners of the company of approximately HKD 804,000 for the three months ended June 30, 2023, compared to a net loss of HKD 718,000 for the same period in 2022[9] - Gross profit for the three months ended June 30, 2023, was HKD 4,188,000, down from HKD 7,078,000 in the same period of 2022[11] - The total comprehensive income for the three months ended June 30, 2023, was a loss of HKD 244,000, compared to a total comprehensive income of HKD 1,385,000 for the same period in 2022[12] - Other income and losses amounted to approximately HKD 1,528,000, down about 16.2% from HKD 1,823,000 in the previous year, primarily due to the absence of government subsidies from the Hong Kong Employment Support Scheme[38] Earnings and Dividends - The basic and diluted earnings per share for the three months ended June 30, 2023, was HKD 0.12, compared to a loss per share of HKD 0.11 for the same period in 2022[11] - The company did not recommend any dividend for the three months ended June 30, 2023, consistent with the previous year[22] - The group did not recommend any dividend payment for the three months ended June 30, 2023, consistent with the same period in 2022[43] Expenses - The group incurred general and administrative expenses of HKD 5,876,000 for the three months ended June 30, 2023, compared to HKD 7,730,000 for the same period in 2022[11] - The total employee expenses for the three months ended June 30, 2023, were approximately HKD 3,503,000, down from HKD 5,204,000 in the previous year[46] - General and administrative expenses were approximately HKD 5,876,000, a decrease of about 24.0% from HKD 7,730,000 in the previous year, mainly due to reduced employee costs[38] Business Operations - The group’s main business includes the development, production, and provision of financial information and technology solutions to corporate and retail clients in Hong Kong and China[14] - The group continues to focus on its media business, which includes financial public relations and brand promotion[30] - The investment properties in China continue to contribute positively to the group's financial performance[35] Shareholder Information - As of June 30, 2023, the company has 666,538,774 issued ordinary shares[60] - Ms. Lau holds a total of 435,055,736 shares, representing 65.27% of the company's issued shares[59] - Major shareholder Pablos holds 391,597,678 shares, accounting for approximately 58.75% of the total shares[62] - Broadgain International Limited holds 47,052,000 shares, representing 7.06% of the total shares[62] Stock Options and Governance - The company granted stock options totaling 11,200,000 shares, with 9,400,000 remaining after a forfeiture of 1,800,000 shares during the three months ended June 30, 2023[66] - The stock options granted on December 1, 2020, have an exercise price of HKD 0.64 and are valid until September 3, 2024[67] - The audit committee, consisting of three independent non-executive directors, oversees the financial reporting and internal control procedures of the group[68] - The company has established an audit committee in compliance with GEM Listing Rules[68] - No competitive interests were reported among directors or major shareholders during the three months ended June 30, 2023[66]

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。 FINET GROUP LIMITED 財 華 社 集 團 有 限 公 司 （於開曼群島註冊成立並於百慕達存續之有限公司） 8317 （股份代號： ） 截至二零二三年六月三十日止三個月 第一季度業績公告 財華社集團有限公司（分別為「本公司」及連同其附屬公司統稱「本集團」）董事（「董 事」）會宣佈本集團截至二零二三年六月三十日止三個月的未經審核綜合財務業績。 本公告載有本公司二零二三年第一季度報告（「二零二三年第一季度報告」）全文，其 遵守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」）有關附帶季度業績初步公告資料的相關規定。載有GEM上市規則所規定資料 的二零二三年第一季度報告印刷本將寄發予本公司股東，並在香港聯合交易所有限 公司網站www.hkexnews.hk之「最新上市公司公告」一頁及本公司網站www.finet.hk 可供瀏覽。 代表 財華社集團有限公司 主席兼執 ...

Financial Performance - For the fiscal year ending March 31, 2023, the company reported revenue of HKD 12,864,000, a decrease of 9.7% from HKD 14,254,000 in the previous year[10]. - The company recorded a loss attributable to shareholders of HKD 16,341,000, compared to a loss of HKD 9,100,000 in the prior year, indicating a significant increase in losses[10]. - Total assets decreased to HKD 62,100,000 from HKD 68,150,000, reflecting a decline of approximately 8.5%[10]. - Total liabilities increased to HKD 43,046,000 from HKD 33,906,000, representing a rise of about 27%[10]. - The company's net asset value dropped to HKD 19,054,000 from HKD 34,244,000, a decrease of approximately 44.5%[10]. - Cash and cash equivalents fell to HKD 8,022,000 from HKD 17,584,000, a decline of about 54.4%[10]. - Basic and diluted loss per share for the year was HKD 0.02, compared to HKD 0.01 in the previous year, indicating a worsening of per-share losses[10]. - The company reported a net loss of approximately HKD 16,234,000 for the fiscal year ending March 31, 2023, an increase from the previous year's loss of HKD 8,622,000[31]. - Non-controlling interests' share of profit for 2023 was approximately HKD 107,000, a decrease from HKD 478,000 in 2022[33]. - The company reported a consolidated loss attributable to owners of approximately HKD 16,341,000 for the year ended March 31, 2023, compared to a loss of HKD 9,100,000 in 2022[33]. Revenue and Business Strategy - The company aims to optimize management and enhance efficiency through a multi-location strategy, focusing on Hong Kong, Beijing, and Shenzhen[13]. - The easing of COVID-19 restrictions in the second half of 2023 is expected to improve the overall business environment and consumer market, positively impacting the company's performance[12]. - Revenue from advertising and investor relations services decreased due to the impact of COVID-19, contributing to an overall revenue decline of about 9.8% compared to the previous year[29]. - The company plans to strengthen its financial news service and expand its digital marketing business to diversify revenue streams[50]. - The company expects its investor relations business to become a profitable segment in the coming years, covering services for listed companies and pre-IPO projects[50]. - The company reported a total revenue of HKD 150 million for the fiscal year ending March 31, 2023, representing a year-over-year increase of 15%[57]. - The company has provided a revenue guidance of HKD 180 million for the next fiscal year, indicating a projected growth of 20%[57]. - New product launches are expected to contribute an additional HKD 30 million in revenue, with a focus on enhancing user engagement[57]. - The company is investing HKD 10 million in R&D for new technologies aimed at improving service efficiency[57]. - Market expansion plans include entering two new regions, which are projected to increase market share by 5%[57]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of HKD 50 million allocated for potential deals[57]. Governance and Compliance - The board held nine meetings during the fiscal year, with all directors confirming compliance with trading regulations[68]. - The company has maintained a conservative management policy, with no current plans for directors' liability insurance[64]. - The company achieved a 100% attendance rate for executive directors at board meetings, reflecting strong governance practices[68]. - The audit committee held four meetings during the fiscal year ending March 31, 2023, with attendance records showing full participation from the chairman and other members[74]. - The remuneration committee conducted three meetings in the same period, with all members present at least twice, indicating active engagement in reviewing compensation policies[77]. - The nomination committee also held three meetings, with the chairperson attending all sessions, reflecting a commitment to board composition and governance[78]. - The company has adopted a board diversity policy, emphasizing the importance of diversity in maintaining competitive advantage and ensuring a balanced board composition[82]. - The audit committee reviewed the consolidated financial statements for the fiscal year, which were audited by Guo Fu Hao Hua (Hong Kong) CPA Limited, with a recommendation for reappointment at the upcoming annual general meeting[75]. - The company has a minimum of three independent non-executive directors, ensuring compliance with GEM listing rules and maintaining governance standards[70]. - The remuneration committee is responsible for formulating the company's compensation policies and reviewing the performance of executive directors[77]. - The company’s governance committees, including the audit, remuneration, and nomination committees, are composed entirely of independent non-executive directors, enhancing oversight and accountability[73][78][80]. - The board of directors is responsible for overall management and has delegated daily management powers to executive directors and the management team[69]. - The company emphasizes compliance with legal and regulatory requirements as part of its governance practices, ensuring adherence to corporate governance codes[83]. - The board consists of members with diverse professional expertise, including management, finance, and marketing, ensuring a balanced skill set[84]. - The company has not set measurable diversity targets for the board, but the nomination committee believes the current diversity is sufficient[85]. - The board's nomination policy includes criteria for assessing candidates' suitability and contributions, focusing on diversity in gender, age, and professional experience[89]. - The external auditor received approximately HKD 600,000 for audit services with no fees for non-audit services during the fiscal year ending March 31, 2023[94]. - The board is responsible for evaluating and maintaining effective risk management and internal control systems, with annual reviews conducted by the audit committee[98]. - The internal audit function reports directly to the audit committee, ensuring independence and focusing on significant risk areas identified through comprehensive risk analysis[100]. - The company emphasizes gender diversity at all levels, including senior management, and continues to promote equal treatment in hiring practices[91]. - The board has established clear authority and responsibilities for departments to ensure adequate checks and balances within the internal control system[99]. - The company secretary has completed over 15 hours of relevant professional training to comply with GEM listing rules[97]. - The board has reviewed the effectiveness of the internal control system and found it to be effective and adequate as of the report's publication date[100]. - The group has adopted a whistleblowing policy to maintain high levels of transparency, integrity, and accountability, with no significant fraud or misconduct reported affecting financial statements as of March 31, 2023[102]. - The anti-corruption policy aims to prevent, detect, and report fraud, including fraudulent financial reporting, applicable to directors, senior officers, and employees[103]. - The group has established procedures for handling inquiries from external parties regarding market rumors and other matters[105]. - The group has a dividend policy without a predetermined payout ratio, allowing the board to propose dividends based on financial conditions and other factors[112]. - The group confirmed compliance with the GEM Listing Rules regarding related party transactions and has received annual confirmations of independence from its independent non-executive directors[150][152]. - There were no management or administrative contracts established during the reporting period that pertain to the company's overall or any major part of its business[151]. Environmental and Social Responsibility - The company has implemented a series of policies and measures to enhance environmental protection and fulfill social responsibilities, emphasizing sustainable development[159]. - The company encourages employees to use public transportation and video conferencing to reduce carbon emissions[165]. - The company has established various communication channels to engage with stakeholders, including employees, customers, investors, and the media[160]. - The company reported a total greenhouse gas emissions of 86,774.4 kg for the year ending March 31, 2023, a decrease from 88,366.1 kg in the previous year, indicating a reduction of approximately 1.8%[167]. - The company has zero direct emissions (Scope 1) and a density of 1,549.5 kg per employee for indirect emissions (Scope 2) in 2023[167]. - The group utilized approximately 131,740 kWh of electricity for office properties during the reporting period, a decrease from 134,875 kWh in 2022[175]. - The group used 98,738 sheets of A4 paper, an increase from 82,067 sheets in 2022[175]. - The group implemented a paperless electronic payroll system to reduce paper usage[169]. - The group emphasizes the importance of waste management through reduction, reuse, and recycling initiatives[169]. - The group adheres to the Employment Ordinance and Labor Law, ensuring compliance with labor regulations[179]. - The group provides social insurance and housing fund contributions for employees in China, and Mandatory Provident Fund contributions for employees in Hong Kong[181]. - The group conducts regular monitoring of indoor air quality to ensure a healthy work environment[178]. - The group encourages energy-saving practices, such as using energy-efficient lighting and maintaining office temperatures around 25.5ºC[172]. - The group promotes equal employment opportunities and prohibits discrimination in hiring and employment practices[186]. - The group offers comprehensive onboarding training to enhance employees' understanding of the business and corporate culture[190]. - The group has maintained good relations with employees, recognizing them as key to sustainable development, and provides clear career development paths and skill enhancement opportunities[122]. - The company has not identified any significant air, water, or land pollution issues arising from its business operations during the reporting period[166]. - The company emphasizes customer privacy and has implemented measures to protect customer data[192]. - The company encourages employee participation in community and charitable activities[198]. Employee and Workforce Information - Total number of employees is 56, with 54 general employees and 2 contract employees[200]. - Employee turnover is 39, resulting in a turnover rate of 57.8%[200]. - Gender distribution shows 26 female employees (46.4%) and 30 male employees (53.6%)[200]. - Age distribution includes 14 employees under 30, 37 employees aged 31 to 50, and 5 employees aged 51 or above[200]. - Employee distribution by location indicates 23 employees in Hong Kong and 33 in China[200]. - Management comprises 4 employees, while 52 are general staff[200]. - The company has not received any complaints related to intellectual property infringement or customer data leakage during the reporting period[193]. - The company adheres to labor laws and regulations, ensuring compliance with employment standards[191].