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 截至二零二三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 宣佈本集團截至二零二三年三月三十一日止年度之經審核全年業績。 本公告（載有本公司二零二三年年報（「二零二三年年報」）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二零二三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 勞玉儀 ...

Financial Performance - For the nine months ended December 31, 2022, the group recorded revenue of approximately HKD 14,021,000, an increase of about 25.7% compared to HKD 11,151,000 for the same period in 2021[4] - The group reported an unaudited consolidated loss attributable to owners of the company of approximately HKD 3,641,000 for the nine months ended December 31, 2022, compared to a loss of HKD 9,406,000 for the same period in 2021[4] - For the three months ended December 31, 2022, the group recorded revenue of HKD 655,000, compared to HKD 2,771,000 for the same period in 2021[5] - The gross profit for the nine months ended December 31, 2022, was HKD 13,034,000, compared to HKD 10,546,000 for the same period in 2021[5] - The total comprehensive loss for the nine months ended December 31, 2022, was HKD 4,230,000, compared to a loss of HKD 7,506,000 for the same period in 2021[6] - The basic and diluted loss per share for the nine months ended December 31, 2022, was HKD 0.55, compared to HKD 1.41 for the same period in 2021[5] - Total revenue for the three months ended December 31, 2022, was HKD 1,806,000, a decrease of 84.7% compared to HKD 11,839,000 for the same period in 2021[14] - The company reported a loss attributable to owners of approximately HKD 2,330,000 for the three months ended December 31, 2022, compared to a profit of HKD 2,562,000 for the same period in 2021[18] - The company recorded a total loss of HKD 3,641,000 for the nine months ended December 31, 2022, compared to a loss of HKD 9,406,000 for the same period in 2021[18] Income and Expenses - The group experienced a significant reduction in administrative expenses, which decreased from HKD 28,315,000 in the previous year to HKD 21,858,000 for the nine months ended December 31, 2022[5] - The group’s financing costs for the nine months ended December 31, 2022, were HKD 587,000, slightly down from HKD 612,000 in the previous year[5] - The group’s other income and gains for the nine months ended December 31, 2022, were HKD 4,604,000, compared to HKD 10,913,000 for the same period in 2021[5] - Interest expenses for bank borrowings were HKD 493,000 for the nine months ended December 31, 2022, down 15.4% from HKD 583,000 in 2021[17] - Total income from other income and gains was HKD 1,151,000 for the three months ended December 31, 2022, compared to HKD 9,068,000 in the same period of 2021[14] - Rental income from investment properties decreased to HKD 952,000 for the nine months ended December 31, 2022, down 18.0% from HKD 1,159,000 in 2021[14] - The cost of sales for the nine months ended December 31, 2022, was approximately HKD 987,000, an increase of about 63.1% from approximately HKD 605,000 in the same period of 2021[29] - Other income and gains for the nine months ended December 31, 2022, amounted to approximately HKD 4,604,000, a decrease from approximately HKD 10,913,000 in the same period of 2021, primarily due to reduced gains from the sale of a subsidiary[29] - General and administrative expenses for the nine months ended December 31, 2022, were approximately HKD 21,858,000, a decrease of about 22.8% compared to approximately HKD 28,315,000 for the same period in 2021[29] Dividends and Shareholder Information - The board of directors did not recommend the payment of dividends for the nine months ended December 31, 2022[4] - The company did not declare any dividends for the nine months ended December 31, 2022, consistent with the previous year[17] - As of December 31, 2022, the company had 666,538,774 issued ordinary shares[40] - Ms. Lau holds 391,597,678 shares, representing 65.27% of the total issued shares[40] - Major shareholder Pablos holds 391,597,678 shares, accounting for approximately 58.75% of the existing equity[42] - Broadgain International Limited holds 47,052,000 shares, which is 7.06% of the total[42] - The company granted stock options totaling 16,900,000, with a remaining balance of 11,500,000 after 5,400,000 were forfeited[47] Corporate Governance - The company has complied with the corporate governance code, with the exception of the separation of the roles of Chairman and CEO[55] - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting[49] - There were no reported conflicts of interest or competitive activities involving directors or major shareholders during the reporting period[48] - The company has adopted a code of conduct for directors' securities transactions, ensuring compliance with regulations[52] Future Plans and Business Development - The group plans to continue allocating resources to strengthen its leading position in providing financial news services and enhance its digital marketing business development[32] - The group aims to expand its investor relations business, which is expected to become a profitable segment in the coming years, covering services for listed companies and pre-IPO tasks[32] - The group continues to host the Hong Kong Top 100 Companies Awards, establishing a solid foundation for its event management business and gaining wide recognition in China and Hong Kong[33] Employment Information - The group has reduced its full-time employees to 56 as of December 31, 2022, down from 79 as of March 31, 2022, with total employee expenses for the nine months amounting to approximately HKD 13,888,000[37]

H 中期報告 量 灌 深 北 京 : 2022/2023 財華社集團有限公司 (於百慕達存續之有限公司) (股份代號: 08317) 香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小 型公司提供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在 風險，並應經過審慎周詳的考慮後方作出投資決定。GEM的較高風險及其他 特色，表示GEM較適合專業及其他資深投資者。 由於GEM上市公司屬新興性質，並一般為中小型公司，在GEM買賣的證券可 能會較於聯交所主板買賣之證券承受較大的市場波動風險，同時無法保證在 GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本報告全部或任何部分內 容而產生或因依據該等內容而引致的任何損失承擔任何責任。 本報告（財華社集團有限公司（「本公司」），連同其附屬公司，統稱「本集團」）各 董事（「董事」）願共同及個別對此負全責）乃遵照《聯交所GEM證券上市規則》 （「GEM上市規則」）之規定而提供有關本公司之資料。各董事經作 ...

를 港 深 北 京 ：2022/2023 財華社集團有限公司 (於百慕達存續之有限公司) (股份代號:08317) 香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小 型公司提供一個上市的市場。有意投資者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。GEM的較高風險及其他特色， 表示GEM較適合專業及其他資深投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買 賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 香港交易及結算所有限公司及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依賴該等內容而引致之任何損失承擔任何責任。 本報告（財華社集團有限公司（「本公司」，連同其附屬公司，「本集團」）各董事 （「董事」）願共同及個別對此負全責）乃遵照《GEM證券上市規則》（「GEM上市規 則」）之規定而提供有關本公司之資料。各董事經作出一切合理查詢後，確認就 彼等所知及所 ...

4 IX IN IN first 量 港 流 圳 北 京 ● 2021/2022 財華社集團有限公司 (於百慕逵存續之有限公司) (股份代號: 08317) 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個上市的 市場。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決 定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較大的市 場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本年報之內容概不負責，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年報全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔 任何責任。 本年報的資料乃遵照《聯交所GEM證券上市規則》（「GEM上市規則」）而刊載，旨在提供有關財華社集團 有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本年報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，本年報所載資料在各重要方面均準確完備 ...

財華盡顯 展望未來 香 港 第三季度報告 2021/2022 深 圳 Third Quarterly Report 2021/2022 MOVING FORWARD • HONG KONG SHENZHEN BEIJING 北 京 財華社集團有限公司 (於百慕速存讀之有限公司) (股份代號: 08317) 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在 聯交所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公 司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買 賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 香港交易及結算所有限公司及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依據該等內容而引致之任何損失承擔任何責任。 本報告（財華社集團有限公司（「本公司」，連同其附屬公司，「本集團」）各董事 （「董事」）願共同及個別對此負 ...

Financial Performance - For the six months ended September 30, 2021, the group recorded revenue of approximately HKD 8,380,000, a decrease of about 14.7% compared to HKD 9,819,000 for the same period in 2020[7]. - The group reported an unaudited consolidated loss attributable to owners of approximately HKD 11,968,000 for the six months ended September 30, 2021, compared to a loss of HKD 4,074,000 for the same period in 2020[7]. - The gross profit for the six months ended September 30, 2021, was HKD 8,020, compared to HKD 9,333 for the same period in 2020[9]. - The group incurred a loss before tax of HKD 10,308,000 for the six months ended September 30, 2021, compared to a loss of HKD 3,528,000 for the same period in 2020[9]. - The group reported a basic and diluted loss per share of HKD 1.8 for the six months ended September 30, 2021, compared to HKD 0.61 for the same period in 2020[9]. - The group reported a loss of HKD 10,384,000 for the period, which is a significant increase compared to the loss of HKD 3,603,000 in the previous year[34]. - The company reported a net loss attributable to shareholders of approximately HKD 11,968,000 for the six months ended September 30, 2021, compared to a loss of HKD 4,074,000 in the same period of 2020[73]. Revenue Breakdown - Revenue from advertising and investor relations services was HKD 7,301,000, down 12.7% from HKD 8,366,000 in the previous year[29]. - The financial information, advertising, and investor relations services segment generated revenue of HKD 7,491,000, while the securities business contributed HKD 106,000, and the loan business brought in HKD 15,000[34]. - The company’s income from financial services was HKD 190,000 for the six months, a slight increase from HKD 171,000 in the previous year[29]. - The company reported a decrease in rental income from investment properties to HKD 768,000 from HKD 696,000 year-over-year[29]. - The company’s interest income for the six months was HKD 15,000, compared to no income in the same period last year[29]. Assets and Liabilities - The total assets as of September 30, 2021, amounted to HKD 112,343,000, a decrease from HKD 119,303,000 as of March 31, 2021[14]. - The net asset value as of September 30, 2021, was HKD 32,667,000, down from HKD 43,363,000 as of March 31, 2021[16]. - Total liabilities were HKD 79,676,000, resulting in a net asset position of HKD 32,667,000[40]. - The total outstanding bank borrowings amounted to approximately HKD 12,024,000 as of September 30, 2021, down from HKD 23,540,000 as of March 31, 2021[76]. - The company's debt-to-equity ratio was approximately 119.6% as of September 30, 2021, compared to 92.2% as of March 31, 2021[78]. Cash Flow - Operating cash flow for the six months ended September 30, 2021, was a net outflow of HKD 6,439,000, compared to a net inflow of HKD 2,753,000 in 2020[21]. - The company reported a net decrease in cash and cash equivalents of HKD 9,261,000 for the period, compared to an increase of HKD 3,438,000 in the prior year[21]. - The total cash and cash equivalents at the end of the period were HKD 8,483,000, down from HKD 10,964,000 at the end of the previous year[21]. - Cash and cash equivalents amounted to HKD 8,483,000 as of September 30, 2021, compared to HKD 18,059,000 as of March 31, 2021[55]. Employee and Administrative Expenses - The company’s employee benefits expenses, including directors' remuneration, amounted to HKD 12,281,000 for the six months ended September 30, 2021, compared to HKD 10,592,000 in the previous year, indicating an increase of approximately 16%[43]. - Total employee costs for the six months ended September 30, 2021, amounted to approximately HKD 12,281,000, up from HKD 10,592,000 in 2020, representing a year-on-year increase of about 15.9%[87]. - The company’s total administrative expenses decreased to HKD 1,816,000 from HKD 2,661,000 in the previous year[29]. - General and administrative expenses increased by approximately 13.2% to HKD 19,673,000 from HKD 17,379,000 in the previous year[72]. Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[101]. - 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[106]. - The Chairman, Ms. Lau, has been managing the group's business since 2011, providing consistent leadership[106]. - The board believes that the dual role of Chairman and CEO is beneficial for the group's management and business development[106]. Shareholder Information - As of September 30, 2021, the company had 666,538,774 issued ordinary shares[91]. - Pablos and Maxx Capital each held 343,997,678 shares, representing approximately 51.61% of the total issued shares[93]. - Executive Director Ms. Lau held 43,458,058 shares directly and had control over 391,597,678 shares, amounting to 65.27% of the issued shares[89]. - The average number of issued shares for the periods ended September 30, 2021, remained at 666,538,774 shares[47]. Dividends and Recommendations - The board of directors does not recommend the payment of any dividend for the six months ended September 30, 2021[7]. - The company did not recommend the payment of dividends for the six months ended September 30, 2021[47].

第一季度報告 2021/2022 First Quarterly Report 2021/2022 MOVING FORWARD • HONG KONG SHENZHEN BEIJING | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|---------------------|-------|-------|--------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 財華盡顯 展望未來 | | | | | | | 香 港 深 圳 北 京 | | | | | | | | | | | | | | | | | 香港聯合交易所有限公司（「聯交所」）GEM的特點 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小 ...

Financial Performance - For the fiscal year ending March 31, 2021, the company reported revenue of HKD 17,901,000, a decrease of 31% from HKD 25,991,000 in the previous year[15] - The loss attributable to the company's owners for the year was HKD 12,830,000, compared to a loss of HKD 20,293,000 in the prior year, indicating an improvement[15] - Total assets increased to HKD 119,303,000 from HKD 112,143,000 year-over-year, reflecting a growth of approximately 6%[15] - Total liabilities rose significantly to HKD 75,940,000 from HKD 56,032,000, marking an increase of about 36%[15] - The company's net asset value decreased to HKD 43,363,000 from HKD 56,111,000, a decline of approximately 23%[15] - Cash and cash equivalents improved to HKD 18,059,000 from HKD 8,296,000, showing a substantial increase of 118%[15] - Other income for the fiscal year was approximately HKD 9,725,000, an increase from HKD 3,885,000 in the previous year, driven by government subsidies and increased administrative expense income[33] - The company's loss was reduced by 35% due to ongoing improvements in operational cost control and efficiency[18] - General and administrative expenses for the year ended March 31, 2021, were approximately HKD 37,636,000, a decrease of about 18.2% compared to HKD 46,014,000 in 2020[34] - The after-tax loss for the year ended March 31, 2021, was approximately HKD 12,571,000, down from HKD 19,288,000 in 2020, indicating improved financial performance[37] Business Strategy and Outlook - The company plans to focus on expanding its financial information services and advertising sectors in the Greater China region[6] - Future outlook includes the development of new financial technology applications to enhance service offerings[6] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service capabilities[6] - The company plans to expand its customer base to include companies listed in the US and China, aiming to enhance revenue sources and competitiveness[22] - The company is focusing on capital investments in software, hardware, and IT to drive new product and sales solutions[22] - The company aims to implement a new ERP and management system to streamline business processes and increase automation[22] - The company plans to strengthen its position in financial news services and expand its digital marketing business[54] - The investor relations business is expected to become a profitable segment in the coming years, covering services for listed companies and pre-IPO projects[54] - The company continues to expand its securities services, including portfolio management and private fund investment consulting[55] Corporate Governance - The board held 5 meetings during the fiscal year ending March 31, 2021, with all directors attending at least 4 out of 5 meetings[70] - The company has adopted a set of trading standards for directors in compliance with GEM Listing Rules, ensuring all directors adhered to these standards throughout the fiscal year[66] - The board emphasizes high-quality governance and has reviewed its practices, confirming compliance with the corporate governance code, except for the separation of the roles of Chairman and CEO[65] - The company has no current insurance for legal actions against directors, as it has adopted a conservative management policy[65] - The board consists of experienced members, including independent non-executive directors with extensive backgrounds in finance and law[61][62][63] - The company has been actively involved in corporate governance practices, ensuring transparency and accountability to all shareholders[65] - The board is responsible for the overall management of the company and has delegated daily management powers to executive directors and management teams[71] - The company has a diverse board with members holding various significant positions in other listed companies, enhancing its governance structure[62][63][64] - The company has maintained a commitment to high standards of corporate governance, focusing on internal controls and shareholder transparency[65] - The audit committee held four meetings during the fiscal year ending March 31, 2021, with all members attending all meetings[76] - The remuneration committee conducted one meeting during the fiscal year, with full attendance from all members[80] - The nomination committee also held one meeting during the fiscal year, with all members present[81] - The corporate governance committee held one meeting during the fiscal year, with all members attending[84] - The audit committee reviewed the consolidated financial statements for the fiscal year ending March 31, 2021, which were audited by Guowei CPA[77] - The company has adopted a board diversity policy to enhance its competitive advantage, focusing on various aspects such as gender, age, and professional qualifications[85] - The nomination committee believes the board currently has sufficient diversity and has not set measurable targets[86] - The remuneration committee is responsible for reviewing and approving the remuneration policies for directors and senior management[78] - The company has at least three independent non-executive directors, with one possessing relevant financial expertise[75] - The audit committee has recommended the reappointment of Guowei CPA as the company's auditor at the upcoming annual general meeting[77] - The company’s external auditor received approximately HKD 565,000 for audit services for the year ended March 31, 2021, with no fees for non-audit services[96] - The board is responsible for evaluating the nature and extent of risks the company is willing to take to achieve its strategic objectives, ensuring effective risk management and internal control systems are in place[99] - The internal audit function reports directly to the audit committee to maintain independence and focuses on significant risk areas identified through comprehensive risk analysis[102] - The company encourages directors to participate in ongoing professional development programs to maintain their responsibilities and knowledge[93] Shareholder Communication and Rights - Shareholders holding at least 10% of the paid-up capital with voting rights can request the board to convene a special general meeting[103] - The company maintains multiple channels for communication with shareholders, including corporate publications and a dedicated website[106] - The board reviews the effectiveness of the risk management and internal control systems annually, covering all significant controls[101] - The nomination committee will review the board nomination policy to ensure its effectiveness[92] - The company secretary has completed no less than 15 hours of relevant professional training as required by GEM listing rules[98] - The latest version of the company's articles of association is available on the company and stock exchange websites[105] - The company has adopted a dividend policy without a predetermined payout ratio, with the board able to propose dividends based on financial conditions and other factors[108] - As of March 31, 2021, the distributable reserves for dividends amounted to approximately HKD 22,722,000, a decrease from HKD 26,004,000 in 2020[121] - The board does not recommend the payment of dividends for the fiscal year ending March 31, 2021, consistent with the previous year[119] Environmental Sustainability - The total greenhouse gas emissions for the year 2021 were 92,833.7 kg CO2, an increase of 7.7% from 86,169.7 kg CO2 in 2020[172] - The density of greenhouse gas emissions per employee was 1,079.5 kg in 2021, compared to 1,038.2 kg in 2020, indicating a slight increase[172] - The company has implemented a paperless electronic payroll system to reduce paper usage, promoting sustainability[175] - The company encourages employees to use public transportation to reduce vehicle emissions, aiming to minimize environmental impact[168] - Energy-saving light bulbs and appliances are used in office spaces to reduce electricity consumption[177] - The company has not reported any significant air, water, or land pollution incidents during the reporting period[170] - The company emphasizes waste management through reduction, reuse, and recycling initiatives to minimize landfill waste[175] - The company maintained a stable resource usage strategy, focusing on minimizing electricity, water, and paper consumption[176] - The company encourages double-sided printing to further reduce paper waste[183] - The company has established stakeholder engagement channels to align long-term sustainability goals with stakeholder expectations[161] - The annual electricity consumption for the office property leased by the company was approximately 140,687 kWh, an increase from 118,640 kWh in 2020[185] - The annual usage of A4 paper was 151,306 sheets, up from 129,200 sheets in 2020[185] - The company is committed to reducing resource utilization through environmentally friendly procurement practices, including the purchase of eco-friendly furniture and stationery[187] - The company adheres to industry best practices to minimize natural resource consumption and effectively manage emissions[187] Employee Relations and Workplace Environment - The company provides comprehensive onboarding training to enhance employees' understanding of the business and corporate culture[200] - The company complies with local labor laws and regulations, ensuring timely payment of salaries, social insurance, and provident fund contributions[197] - The company emphasizes the importance of a safe and healthy work environment to improve product and service quality[199] - The company regularly monitors and measures indoor air quality to ensure a healthy workplace for employees[188] - The company has implemented a compensation system based on various factors, including salary, bonuses, and benefits, to attract and retain talent[190] - The company follows a principle of equal opportunity in recruitment and employment practices, prohibiting discrimination based on various factors[196] Market Competition and Risks - The company faces significant competition in its media, advertising, and investor relations services, necessitating improvements in its website and mobile applications to attract more viewers[114] - The financial services, brokerage, and fund management businesses are at risk due to potential declines in financial markets influenced by various economic and political factors[114] - The company has maintained compliance with relevant laws and regulations throughout the year[116] - The company has not purchased, sold, or redeemed any of its listed shares during the fiscal year ending March 31, 2021[123] - The company continues to recruit experienced journalists and anchors to enhance the quality of its financial news, which is critical for success[114]

Financial Performance - For the nine months ended December 31, 2020, the group recorded revenue of approximately HKD 15,401,000, a decrease of about 24.7% compared to HKD 20,465,000 for the same period in 2019[5] - The group reported an unaudited consolidated loss attributable to owners of the company of approximately HKD 4,352,000 for the nine months ended December 31, 2020, compared to a loss of HKD 11,702,000 for the same period in 2019[5] - For the three months ended December 31, 2020, the group achieved revenue of HKD 5,582,000, compared to HKD 5,195,000 for the same period in 2019[7] - The gross profit for the nine months ended December 31, 2020, was HKD 14,508,000, down from HKD 18,992,000 in the same period of 2019[7] - The group incurred total comprehensive expenses of HKD 8,248,000 for the nine months ended December 31, 2020, compared to HKD 11,935,000 for the same period in 2019[9] - The basic and diluted loss per share attributable to owners of the company for the nine months ended December 31, 2020, was HKD 0.65, compared to HKD 1.76 for the same period in 2019[7] - The group reported a loss before tax of HKD 4,174,000 for the nine months ended December 31, 2020, compared to a loss of HKD 11,733,000 for the same period in 2019[7] - Total revenue for the nine months ended December 31, 2020, was HKD 21,990,000, a decrease of 3.9% compared to HKD 22,882,000 for the same period in 2019[17] - The company reported a basic loss per share of approximately HKD 4,352,000 for the nine months ended December 31, 2020, compared to HKD 11,702,000 for the same period in 2019[23] Dividends and Shareholder Returns - The board of directors does not recommend the payment of a dividend for the nine months ended December 31, 2020[5] - The company did not recommend any dividend for the nine months ended December 31, 2020, consistent with the previous year[23] Income and Expenses - The group’s other income and losses for the nine months ended December 31, 2020, amounted to HKD 6,589,000, compared to HKD 2,417,000 in the same period of 2019[7] - The group’s financing costs for the nine months ended December 31, 2020, were HKD 307,000, compared to HKD 352,000 for the same period in 2019[7] - Rental income for the nine months ended December 31, 2020, was HKD 1,076,000, down 30.9% from HKD 1,560,000 for the same period in 2019[17] - Interest expenses for bank loans for the nine months ended December 31, 2020, were HKD 275,000, a decrease from HKD 324,000 in the same period of 2019[21] - Other income and losses amounted to approximately HKD 6,589,000 for the nine months ended December 31, 2020, compared to HKD 2,417,000 for the same period in 2019, primarily due to an increase in fair value gains and government subsidies[35] - General and administrative expenses were approximately HKD 24,812,000 for the nine months ended December 31, 2020, a decrease of about 23.0% from HKD 32,232,000 in the same period of 2019[35] Government Support - Government subsidies received amounted to HKD 2,208,000 for the nine months ended December 31, 2020, with no subsidies reported in the same period of 2019[17] Equity and Shares - The total equity as of December 31, 2020, was HKD 47,593,000, a decrease from HKD 68,342,000 as of April 1, 2019[19] - The company had 666,538,774 issued ordinary shares with a par value of HKD 0.01 as of December 31, 2020[52] - Major shareholder Pablos International Limited held 343,997,678 shares, representing 51.61% of the total issued shares[55] - The company’s executive director, Ms. Lau, owned 43,458,058 shares, which accounted for 65.27% of her controlled corporation's shares[48] - The total number of stock options granted as of December 31, 2020, was 21,000,000, with a remaining balance after cancellations of 21,000,000[59] Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2020[64] - There were no competitive businesses or conflicts of interest reported among directors or major shareholders during the nine months ending December 31, 2020[62] - The company has adopted a code of conduct for directors' securities trading, compliant with GEM Listing Rules, with all directors adhering to the trading standards during the nine-month period ending December 31, 2020[66] - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15, with the exception of the separation of roles between the Chairman and CEO, which is currently held by the same individual[69] Employee Information - As of December 31, 2020, the total employee expenses for the nine months amounted to approximately HKD 15,746,000, a decrease of 17.5% compared to HKD 18,967,000 in 2019[44] - The company maintained a consistent workforce of 84 full-time employees in Hong Kong and China as of December 31, 2020[44] - The company provided additional employee benefits including mandatory provident fund contributions and medical insurance[44] Future Outlook - The company plans to continue allocating resources to strengthen its position in providing financial news services and enhance its digital marketing business development[38] - The investor relations business is expected to become a profitable segment for the company in the coming years, covering services related to listed companies and IPO tasks[38] - The company continues to expand its securities business, which includes portfolio management and private fund investment consulting, anticipating significant management and performance fee income in the near future[39] Impact of COVID-19 - The company has granted several months of rent reductions to tenants during the COVID-19 pandemic, resulting in decreased revenue from property investments[31] Accounting Standards - The company expects that the adoption of new accounting standards will not have a significant impact on its performance and financial position[16] Share Transactions - No shares of the company were purchased, sold, or redeemed by the company or its subsidiaries during the nine-month period ending December 31, 2020[67]