中 期 報 告 INTERIM REPORT 2021 2021 中期報告 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市之市場。 有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳之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買賣之證券可能會較於聯交所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倚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GEM證券上市規則（「GEM上市規則」）之規定而提供有關萬里印刷有限公司（「本公司」）之資 料，本公司之董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後，確認就彼等所深知及 確信，本報告所載資料在一切重要方面均屬準確及完整，並無誤導或欺詐成份，且本報告並無遺漏任何其 他事宜致使本報告所載任何聲明或本報告產生誤導。 本 ...

2021 第一季度報告 2021 FIRST QUARTERLY REPORT 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市之市場。 有意投資之人士應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之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買賣之證券可能會較於聯交所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倚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GEM證券上市規則（「GEM上市規則」）之規定而提供有關萬里印刷有限公司（「本公司」）之資 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大方面均屬準確及完整，並無誤導或欺詐成份，且亦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。 本報告將由刊登日 ...

8385_Prosperous Printing_AR20_CR_A01_op.pdf 1 25/3/2021 上午10:04 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之公司提供一個上市之市場。有意投 資之人士應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決定。GEM之高風險 及其他特色表示GEM較適合專業及其他經驗豐富投資者。 由於GEM上市公司之新興性質，在GEM買賣之證券可能會較於聯交所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倚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」）之規定而提供有關萬里印刷有限公司（「本公 司」，連同其附屬公司統稱「本集團」）之資料，本公司各董事（「董事」）願共同及個別對此負全責。董事經作 出一切合理查詢後，確認就彼等所深知 ...

第三季度 報告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市之市場。 有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳之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買賣之證券可能會較於聯交所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倚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GEM證券上市規則（「GEM上市規則」）之規定而提供有關萬里印刷有限公司（「本公司」）之資 料，本公司各董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後，確認就彼等所深知及 確信，本報告所載資料在一切重要方面均屬準確及完整，並無誤導或欺詐成份，且本報告並無遺漏任何其 他事項致使本報告所載任何聲明或本報告產生誤導。 本報告將由刊登日期起最少一連七天於GEM網站（域名www.hkgem.com ...

中期報告 中期報告 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市之市場。 有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳之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買賣之證券可能會較於聯交所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倚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GEM證券上市規則（「GEM上市規則」）之規定而提供有關萬里印刷有限公司（「本公司」）之資 料，各董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後，確認就彼等所深知及確信， 本報告所載資料在一切重要方面均屬準確及完整，並無誤導或欺詐成份，且本報告並無遺漏任何其他事實 致使本報告所載任何聲明或本報告產生誤導。 本報告將由刊登日期起最少一連七天於GEM網站（域名www.hkg ...

Financial Performance - For the three months ended March 31, 2020, the company's revenue was HKD 72,910,000, a decrease of 22.2% compared to HKD 93,680,000 for the same period in 2019[8] - The gross profit for the same period was HKD 21,127,000, down 24.1% from HKD 27,800,000 in 2019[8] - The company reported a loss of HKD 2,752,000 for the three months ended March 31, 2020, compared to a profit of HKD 678,000 in the same period of 2019[9] - Basic and diluted loss per share for the period was HKD 0.34, compared to earnings of HKD 0.08 per share in 2019[8] - The total comprehensive loss for the period was HKD 5,858,000, compared to a comprehensive income of HKD 11,327,000 in the previous year[9] - The company's operating loss for the period was HKD 476,000, a significant decline from an operating profit of HKD 4,108,000 in 2019[8] - The financial costs for the period were HKD 1,840,000, slightly down from HKD 1,858,000 in the previous year[8] - The company incurred other operating expenses of HKD 2,191,000 during the period, which was not reported in the previous year[8] - The income tax provision for the three months ended March 31, 2020, was HKD 436,000, down from HKD 1.572 million for the same period in 2019[23] - Revenue decreased by approximately 22.2% from HKD 93.7 million for the three months ended March 31, 2019, to HKD 72.9 million for the three months ended March 31, 2020, primarily due to a reduction in sales orders[37] - Cost of sales decreased by approximately 21.4% from HKD 65.9 million to HKD 51.8 million during the same period, mainly attributed to the decrease in revenue[38] - Gross profit decreased from HKD 27.8 million to HKD 21.1 million, with gross margin remaining stable at 29.8% for the three months ended March 31, 2020, compared to 28.9% for the same period in 2019[39] - Other income increased by 100% from HKD 1.2 million to HKD 2.4 million, driven by government subsidies and income from the sale of waste materials[40] - Administrative expenses decreased by approximately 5.4% from HKD 18.5 million to HKD 17.2 million, mainly due to reductions in office and public expenses[43] - The company recorded a loss of approximately HKD 2.8 million for the three months ended March 31, 2020, compared to a profit of HKD 0.7 million for the same period in 2019, primarily due to decreased sales orders and increased operating expenses[46] Equity and Shareholder Information - The company's total equity as of March 31, 2020, was HKD 293,834,000, a decrease from HKD 299,692,000 at the beginning of the year[11] - As of March 31, 2020, Mr. Lin and Ms. Yao each hold 480,000,000 shares, representing 60% of the company's equity[60] - First Tech, the controlling shareholder, holds 480,000,000 shares, representing 60% of the company[67] - Fine Time holds 120,000,000 shares, representing 15% of the company[67] - As of March 31, 2020, First Tech had pledged 72,000,000 shares, representing 9% of the company's issued share capital, as collateral for a loan[70] Corporate Governance - The company has complied with the corporate governance code principles and applicable provisions for the three months ending March 31, 2020, except for a deviation from code provision A.2.1[54] - The company has adopted a code of conduct for securities transactions by directors, confirming compliance for the three months ending March 31, 2020[55] - The board believes that the current structure of having Mr. Lin serve as both Chairman and CEO is in the best interest of the group[53] - The Audit Committee was established on November 15, 2017, and reviewed the unaudited consolidated financial performance for the three months ending March 31, 2020, ensuring compliance with applicable accounting standards and GEM listing rules[72] Future Plans and Strategies - The company plans to improve equipment and increase automation to enhance competitiveness and market share[34] - The company aims to expand its customer base and strengthen sales and marketing coverage as part of its future strategy[34] - The net proceeds from the GEM listing amounted to approximately HKD 34.7 million, intended for equipment improvement, debt repayment, and expanding the customer base[49] Dividend Policy - The company did not recommend the distribution of dividends for the three months ended March 31, 2020, consistent with the same period in 2019[29] - The company does not recommend the distribution of dividends for the three months ended March 31, 2020[51] Business Operations - The company primarily engages in the production and sale of books and paper products[15] - The revenue from the sale of books and printed products was HKD 70.853 million, down from HKD 93.502 million in the previous year[20] - The revenue from subcontracting services increased to HKD 2.057 million from HKD 178,000 in the previous year[20] - The company has entered into a purchase agreement for binding and printing machines for its Hong Kong factory[33] Management Information - Mr. Lin, the Chairman and CEO, has over 36 years of experience in the printing industry and has been responsible for the overall business strategy and operations since founding the group in December 1992[53] - The company did not grant or exercise any share options under the share option scheme during the three months ending March 31, 2020[58] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the three months ending March 31, 2020[59] - First Tech is a wholly owned company by Executive Director Mr. Lin, registered in the British Virgin Islands[70] - The company has not disclosed any new product developments or market expansion strategies in the provided documents[66]

年報 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之公司提供一個上市之市場。有意投 資之人士應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決定。GEM之高風險 及其他特色表示GEM較適合專業及其他經驗豐富投資者。 由於GEM上市公司之新興性質，在GEM買賣之證券可能會較於聯交所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倚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」）之規定而提供有關萬里印刷有限公司（「本公 司」，連同其附屬公司統稱「本集團」）之資料，本公司各董事（「董事」）願共同及個別對此負全責。董事經作 出一切合理查詢後，確認就彼等所深知及確信，本報告所載資料在一切重要方面均屬準確及完整，並無誤 導或欺詐成份，且本報告並無遺漏任何其他事實致使本報告所載任何聲 ...

Financial Performance - For the three months ended September 30, 2019, the company's revenue was HKD 118.715 million, a decrease of 4.2% compared to HKD 124.485 million in the same period of 2018[9] - The gross profit for the same period was HKD 37.503 million, slightly down by 0.2% from HKD 37.563 million year-on-year[9] - Operating profit increased to HKD 16.241 million for the three months ended September 30, 2019, up by 8.8% from HKD 14.926 million in the previous year[9] - The net profit for the three months was HKD 10.658 million, a decrease of 5.9% compared to HKD 11.334 million in the same quarter of 2018[9] - The total comprehensive income for the three months was HKD 7.169 million, down by 41.5% from HKD 12.302 million in the same period last year[9] - For the nine months ended September 30, 2019, the company reported a revenue of HKD 339.910 million, an increase of 5.3% from HKD 322.883 million in the same period of 2018[9] - The basic earnings per share for the nine months was HKD 1.99, a decrease of 26.5% from HKD 2.70 in the previous year[9] - The company recorded a foreign exchange loss of HKD 3.680 million for the nine months, compared to a gain of HKD 2.418 million in the same period of 2018[10] - The total equity as of September 30, 2019, was HKD 297.962 million, an increase from HKD 287.511 million at the end of the previous year[10] - The company did not recommend any dividend for the nine months ended September 30, 2019, consistent with the previous year[39] Lease Accounting - The new Hong Kong Financial Reporting Standard 16 on leases was first applied by the company on January 1, 2019, which requires the capitalization of all leases except for short-term leases and low-value assets[19] - The company has chosen to apply a modified retrospective approach for the initial application of the new lease standard, adjusting the opening equity balance as of January 1, 2019[19] - The new lease definition focuses on the concept of control over the identified asset, impacting how leases are classified and accounted for[21] - The company will capitalize all leases, including those previously classified as operating leases under the old standard, with the exception of short-term leases and low-value asset leases[21] - Initial measurement of the right-of-use asset includes the initial amount of the lease liability plus any lease payments made before the effective date[24] - The company will assess and adjust the lease liability and corresponding right-of-use asset in cases of changes in lease payments due to index or rate changes[25] - The total lease liabilities recognized on January 1, 2019, amounted to HKD 16,667,000, calculated based on the present value of remaining lease payments[30] - The average incremental borrowing rate used to discount remaining lease payments was 4.65%[30] Operational Insights - The company continues to focus on the production and sale of books and paper products, with no new product launches or major acquisitions reported during the quarter[14] - The company experienced a slight increase in revenue due to an increase in sales orders despite facing labor strikes during the reporting period[42] - The company operates two production bases located in Shenzhen and Hong Kong, which are responsible for managing the printing workload[42] - The company provides printing services primarily to international publishers located in the United States, the United Kingdom, Australia, and Europe[42] - The company plans to improve equipment and increase automation, expand the customer base, and enhance sales and marketing coverage to maintain a competitive advantage[46] Audit and Compliance - The company’s auditors have issued a report on the financial statements without any reservations, confirming compliance with relevant regulations[17] - The financial results for the third quarter of 2019 are still subject to review by the company's audit committee[16] - The audit committee was established on November 15, 2017, and has reviewed the unaudited consolidated financial performance for the three months and nine months ended September 30, 2019[84] - The audit committee confirmed that the financial performance complies with applicable accounting standards and GEM listing rules, ensuring adequate disclosure[84] - The company has confirmed compliance with the GEM Listing Rules regarding securities trading by directors for the nine months ended September 30, 2019[67] Shareholding and Corporate Structure - Mr. Lin holds 480,000,000 shares, representing 60% of the company's equity, through First Tech Inc.[71] - Ms. Yao, as Mr. Lin's spouse, is also deemed to hold 480,000,000 shares, equivalent to 60% of the company's equity[71] - First Tech Inc. has pledged 72,000,000 shares, which accounts for 9% of the company's issued share capital, as collateral for a loan[72] - Mr. Lin is the beneficial owner of 50,000 shares in First Tech, representing 100% ownership[77] - Net Pacific Finance Group Limited has contributed HKD 10,000,000 to Fine Time, holding an economic interest of 45.4% in Fine Time[76] - No other individuals, apart from those disclosed, held interests in the company's shares that required disclosure under the Securities and Futures Ordinance as of September 30, 2019[80] - The company has no directors or their close associates holding interests in any competing businesses[82] - The executive directors include Mr. Lin Sanming, Ms. Chen Xiubao, and Ms. Yao Yuan, while the non-executive director is Mr. Wang Zuwei[84] Other Financial Metrics - Sales costs rose by approximately 8.1% from about HKD 225.8 million to about HKD 244.0 million due to rising paper material prices and intense market competition[49] - Gross profit decreased slightly from about HKD 97.0 million to about HKD 95.9 million, with gross margin declining from 30.1% to 28.2%[50] - Other income increased from about HKD 4.3 million to HKD 7.8 million, attributed to foreign exchange gains in 2019 compared to losses in 2018[51] - Administrative expenses decreased from about HKD 54.7 million to HKD 52.3 million, mainly due to reduced employee and office expenses[52] - Financial costs increased by approximately 20.0% from about HKD 5.5 million to about HKD 6.6 million, primarily due to increased lease liabilities[54] - Net profit for the nine months ended September 30, 2019, was approximately HKD 15.9 million, a decrease of 3.6% from about HKD 16.5 million in the same period of 2018[56] - The company submitted a formal application to transfer its listing from GEM to the main board on October 25, 2019[45] - The company has adopted a stock option plan, but no options were granted or exercised in the nine months ended September 30, 2019[68] - As of September 30, 2019, the company did not purchase, sell, or redeem any shares during the nine months[70]

C M Y CM MY CY CMY K GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市之市場。 有意投資之人士應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決定。 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所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倚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GEM證券上市規則（「GEM上市規則」）之規定而提供有關萬里印刷有限公司（「本公司」，連同 其附屬公司統稱「本集團」）之資料，本公司各董事（「董事」）願共同及個別對此負全責。董事經作出一切合 理查詢後，確認就彼等所深知及確信，本報告所載資料在一切重要方面均屬準確及完整，並無誤導或欺詐 成份，且本報告並無遺漏任何其他事實致使本報告所載任何聲明或本報告產生誤導。 本報告 ...

Financial Performance - The company reported revenue of HKD 93,680,000 for the three months ended March 31, 2019, representing a 22% increase from HKD 76,939,000 in the same period of 2018[8] - Gross profit for the same period was HKD 27,800,000, up from HKD 24,440,000, indicating a growth of 13%[8] - Operating profit increased significantly to HKD 4,108,000 compared to HKD 993,000 in the previous year, marking a rise of 314%[8] - The company achieved a profit before tax of HKD 2,250,000, contrasting with a loss of HKD 636,000 in the prior year[8] - Net profit for the period was HKD 678,000, a turnaround from a loss of HKD 1,553,000 in the same quarter of 2018[8] - Basic and diluted earnings per share were both HKD 0.08, compared to a loss per share of HKD 0.25 in the previous year[8] - Total comprehensive income for the period amounted to HKD 11,327,000, significantly higher than HKD 1,451,000 in the same quarter of 2018[9] - The company reported a foreign exchange gain of HKD 10,649,000 for the period, compared to HKD 3,004,000 in the previous year[9] Revenue Sources - Sales of books and printed products generated revenue of HKD 93.5 million, compared to HKD 76.8 million in the previous year[3] - The company continues to focus on the production and sale of books and paper products, with no new product launches or acquisitions reported in this quarter[15] Cost and Expenses - The cost of sales increased by approximately 25.5% to HKD 65.9 million from HKD 52.5 million, aligning with revenue growth[33] - Other income decreased to HKD 1.2 million from HKD 3.3 million, attributed to reduced gains from the sale of machinery and government subsidies[36] - Administrative expenses decreased to HKD 18.5 million from HKD 20.6 million, due to lower employee salaries and equipment costs[37] - Financial costs increased by approximately 14.1% from HKD 1.6 million for the three months ended March 31, 2018, to HKD 1.9 million for the same period in 2019, primarily due to increased bank fees[38] - Income tax for the three months ended March 31, 2019, was approximately HKD 1.6 million, up from HKD 0.9 million in the same period of 2018[39] Shareholder Information - The total equity attributable to equity shareholders increased to HKD 297,059,000 as of March 31, 2019, from HKD 270,058,000 at the end of the previous year[11] - The weighted average number of ordinary shares increased to 800 million from 610.4 million year-on-year[26] - As of March 31, 2019, the company’s chairman and executive director, Mr. Lin, held a 60% equity interest in the company, amounting to 480 million shares[55] - Major shareholders include First Tech with 480,000,000 shares, representing 60% of the company's equity, and Fine Time with 120,000,000 shares, representing 15%[62] - As of March 31, 2019, no other individuals, excluding directors or key executives, hold 10% or more voting rights in the company or its subsidiaries[63] Future Outlook - The company plans to improve equipment and increase automation to enhance market share and profitability[31] - The outlook for 2019 remains cautiously optimistic, despite challenges such as rising paper costs and technological advancements in the publishing industry[31] Dividend and Proceeds - The board did not recommend the distribution of an interim dividend for the three months ended March 31, 2019, consistent with the previous year[45] - The net proceeds from the share issuance amounted to approximately HKD 34.7 million after deducting underwriting fees, commissions, and expenses[43] - As of March 31, 2019, the actual use of net proceeds included HKD 0.33 million allocated to expanding the customer base and enhancing sales and marketing coverage[44] Audit and Compliance - The audit committee reviewed the group's unaudited financial performance for the three months ending March 31, 2019, confirming compliance with applicable accounting standards and GEM listing rules[67]