Revenue and Growth - Revenue from electric vehicle charging business reached HKD 78,132,000 in 2023, up from HKD 31,827,000 in 2022, representing a growth of 145%[1] - The revenue from external customers in the electric vehicle segment was HKD 78,132,000, while the printing business generated HKD 45,729,000, totaling HKD 123,861,000[3] - The company recorded a revenue of approximately HKD 78,100,000 for the year ending December 31, 2023, representing a significant increase of approximately 145.6% from HKD 31,800,000 in the previous year[92] - Revenue from installation services surged by approximately 339.3% to about HKD 39,100,000, attributed to an increase in project numbers under the EHSS program[93] - Sales of electric vehicle charging systems increased by approximately 48.8% to about HKD 31,400,000, driven by a rise in customer numbers and orders from both new and existing clients[94] - Electric vehicle charging revenue rose significantly by approximately 300.0% to about HKD 5,600,000, due to an increase in the number of public members and private subscription plan users[95] - Total revenue for the electric vehicle charging business reached HKD 78,100,000, an increase of HKD 46,300,000 or 145.6% compared to HKD 31,800,000 in 2022[124] - The electric vehicle charging business revenue increased from HKD 31,800,000 in 2022 to HKD 78,100,000 in 2023, more than doubling year-over-year[129] Financial Performance - The company reported a total loss of HKD 124,420,000 for the year, compared to a loss of HKD 161,187,000 in the previous year, indicating a reduction in losses[3] - The company reported a loss from continuing operations of HKD 106,402,000 for the year ended December 31, 2023, compared to a loss of HKD 129,972,000 in 2022, representing a decrease of approximately 18.2%[26] - The basic loss per share attributable to the owners of the company from continuing operations was HKD 0.128, down from HKD 0.191 in the previous year, indicating an improvement in loss per share[20] - The company reported a net loss of HKD 124,186,000 for the year, an improvement from a net loss of HKD 160,311,000 in the previous year, representing a decrease of approximately 22.5%[20] - The company recorded a loss from discontinued operations of approximately HKD 18 million, an improvement from a loss of approximately HKD 31.2 million in the previous year due to improved gross margins and reduced operating expenses[50] - The adjusted LBITDA decreased by approximately 5.2% from about HKD 46.5 million to approximately HKD 44.1 million[49] - The company reported a comprehensive adjusted loss before interest, tax, depreciation, and amortization (LBITDA) of HKD 44,100,000 in 2023, a decrease of 5.2% from HKD 46,500,000 in 2022[129] Assets and Liabilities - The total assets of the company amounted to HKD 220,140,000, with liabilities totaling HKD 114,704,000[3] - The total current assets increased to HKD 94,778,000 from HKD 45,772,000, showing a significant growth of approximately 106.7%[149] - The company’s non-current assets rose to HKD 125,362,000 from HKD 124,307,000, indicating a slight increase of about 0.8%[150] - The company’s total liabilities decreased from HKD 80,857,000 to HKD 41,103,000, a reduction of approximately 49.1%[149] - As of December 31, 2023, the company's debt-to-equity ratio was approximately 40.2%, a significant improvement from 103.0% the previous year[52] - The current ratio improved to approximately 2.3 times as of December 31, 2023, compared to 0.6 times the previous year[52] - The net asset value of the company increased to HKD 105,436,000 from HKD 50,891,000, reflecting a growth of approximately 107.5%[154] Employee and Operational Costs - The total employee costs amounted to HKD 67,883,000 for the year, compared to HKD 43,781,000 in the previous year, reflecting an increase of approximately 54.9%[18] - Administrative and operational expenses increased by approximately 23.3% from HKD 55,900,000 to HKD 68,900,000, primarily due to increased employee costs associated with the expansion of the electric vehicle charging business[82] Financing and Investments - The company incurred financing costs of HKD 2,441,000 in 2023, slightly up from HKD 2,097,000 in 2022[10] - The company’s bank borrowings increased to HKD 57,720,000 in 2023 from HKD 25,441,000 in 2022, indicating a significant rise in leverage[30] - A green financing agreement was established on August 31, 2023, allowing for a secured green loan of up to USD 20,000,000[70] - Approximately 80% of the green loan proceeds will be allocated for the production and deployment of electric vehicle chargers and related infrastructure[71] - The company agreed to issue 100,000,000 warrants at a subscription price of HKD 0.80 per share, with a five-year exercise period[73] Dividends and Share Issuance - The company did not declare or recommend any dividends for the year ended December 31, 2023, consistent with the previous year[19] - The company issued a total of 20 million shares at a subscription price of HKD 0.62 per share on March 6, 2023[41] - A total of 35.2 million shares were issued at a subscription price of HKD 1.144 per share on May 30, 2023[41] - The company has conditionally agreed to issue 19,516,000 new ordinary shares at a subscription price of HKD 0.82 per share, raising approximately HKD 15,700,000 for the development of its electric vehicle charging business[78] Strategic Changes and Business Focus - The company completed the sale of two subsidiaries in the printing business for HKD 1, indicating a strategic exit from that segment[13] - The company completed the sale of 100% equity in two subsidiaries engaged in printing, typesetting, and translation services for a cash consideration of HKD 1, resulting in a gain of approximately HKD 28,600,000[124] - The company has ceased operations in the printing business after the sale of its discontinued operations, focusing on the electric vehicle charging business in Hong Kong[159] - The company plans to expand its Cornerstone HOME model and invest more in private residential parking infrastructure to provide customized monthly subscription services for electric vehicle owners[127] - The company aims to leverage opportunities in the electric vehicle charging industry and expand its geographical reach, particularly in emerging markets like Thailand, Cambodia, Malaysia, and Indonesia[138] Government Support and Programs - The Hong Kong government launched the EHSS program with a total budget of HKD 3,500,000,000 to support the installation of electric vehicle charging infrastructure in existing private residential buildings[126] - The company has been granted operational rights by the Hong Kong government to provide charging services at 27 electric vehicle charging stations, equipped with a total of 827 AC chargers, to be integrated into the Cornerstone GO network in Q1 2024[127] Miscellaneous - The company had no significant contingent liabilities or capital commitments as of December 31, 2023[54][55] - The company did not engage in any major investments or acquisitions during the year[59][60] - The company recorded a tax credit of approximately HKD 172,000 and HKD 2,300,000 for the current year and the year ended December 31, 2022, respectively[101] - The company has applied new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on its financial position or performance for the year[160]

Revenue Growth - The group's revenue increased from approximately HKD 20,600,000 to about HKD 51,900,000, representing a growth of 151.9%[2] - Revenue from electric vehicle charging systems increased by approximately HKD 10,300,000, while installation service income rose by about HKD 17,800,000[2] - For the nine months ended September 30, 2023, the revenue from continuing operations was HKD 51,949,000, a significant increase from HKD 20,565,000 in the same period of 2022, representing a growth of approximately 152%[78] - Revenue from electric vehicle charging income increased significantly by approximately 483.3% from about HKD 600,000 for the nine months ended September 30, 2022, to about HKD 3,500,000 in the current period[149] - Revenue from maintenance fees rose by approximately 121.1% from about HKD 280,000 for the nine months ended September 30, 2022, to about HKD 619,000 in the current period[150] - Revenue from electric vehicle charging systems for local customers reached HKD 10,243,000 in Q3 2023, a 156% increase from HKD 3,989,000 in Q3 2022[119] - Total revenue from installation services reached HKD 13,584,000 in Q3 2023, compared to HKD 5,915,000 in Q3 2022, marking an increase of 130%[119] Financial Performance - The gross profit for the same period was HKD 8,091,000, compared to HKD 2,861,000 in 2022, indicating a year-over-year increase of about 183%[78] - The loss from continuing operations before tax for the nine months was HKD 64,160,000, which is an increase from HKD 44,457,000 in the previous year, reflecting a deterioration of approximately 44%[78] - The total comprehensive loss for the period was HKD 75,454,000, compared to HKD 64,354,000 in the same period last year, marking an increase of about 17%[78] - The company reported a basic and diluted loss per share of HKD 9.39 for the nine months ended September 30, 2023, compared to HKD 7.93 in the same period of 2022, indicating a decline of approximately 18%[79] - The company reported a loss before tax of HKD 3,417,000 for the three months ended September 30, 2023, compared to a loss of HKD 7,621,000 in the same period of 2022, indicating an improvement of 55.2%[102] - The total comprehensive loss for the nine months ended September 30, 2023, was HKD 75,754,000, compared to HKD 64,070,000 for the same period in 2022, reflecting a 18.5% increase in losses[106] Expenses and Costs - Service costs rose from approximately HKD 17,700,000 to about HKD 43,900,000, an increase of 148.0%[5] - Administrative and other operating expenses increased by 4.7% to approximately HKD 49,300,000, primarily due to increased employee costs from the expansion of the electric vehicle charging business[7] - Share-based payment expenses surged from approximately HKD 700,000 to about HKD 22,300,000, mainly due to stock options granted on June 17, 2022, and November 17, 2022[8] - The service cost for the nine months was HKD 43,858,000, up from HKD 17,704,000 in 2022, which is an increase of about 147%[78] - The administrative and other operating expenses for the nine months were HKD 307,000, a decrease from HKD 47,107,000 in the previous year, showing a reduction of approximately 99%[78] - The company incurred research and development expenses of HKD 374,000 for the nine months, compared to HKD 659,000 in the same period last year, reflecting a decrease of about 43%[78] - The financing costs for the nine months were HKD 549,000, compared to HKD 449,000 in 2022, indicating an increase of approximately 22%[78] Corporate Actions and Governance - The company has complied with all applicable corporate governance code provisions during the period[29] - The company issued 100,000,000 warrants at an exercise price of HKD 0.80 per share[24] - The audit committee reviewed the group's unaudited condensed consolidated financial statements for the period and confirmed that they were prepared in accordance with applicable accounting standards[38] - The company has adopted the trading standards as per GEM Listing Rules from January 1, 2023, and all directors confirmed compliance with these standards[44] - The company has established entities in the Cayman Islands and British Virgin Islands that are exempt from income tax in their respective jurisdictions[98] Strategic Initiatives - The company has established its electric vehicle charging business and is reallocating resources from underperforming financial printing operations to this sector[143] - The government of Hong Kong has launched a funding program totaling HKD 3,500,000,000 to support the installation of electric vehicle charging infrastructure in residential buildings[164] - The company aims to actively participate in the EHSS projects and has become a major player in the EHSS market[166] - The company launched Cornerstone BUSINESS in May 2023 to tap into the electric commercial vehicle market, providing a comprehensive ecosystem for drivers[167] - The company is focusing on expanding electric vehicle charging systems in residential parking lots while also leveraging trends in non-residential parking spaces[171] Equity and Financing - The net proceeds from the second subscription amounted to approximately HKD 40,100,000, which will be used for further development of the electric vehicle charging business[21] - A green financing agreement was established for a total amount of up to USD 20,000,000, aimed at supporting the electric vehicle charging business[22] - The total amount raised from the first subscription was approximately HKD 12,400,000, with a net amount of about HKD 12,200,000, used for further development of the electric vehicle charging business[188] - The company agreed to issue and allot a total of 35,200,000 new ordinary shares at a subscription price of HKD 1.144 per share, with the shares approved by independent shareholders[190] - The company’s financing strategy includes a green financing agreement aimed at supporting the expansion of electric taxi and electric truck businesses[193] Business Disposals - The company announced the sale of its 100% equity interest in Elegant Printing Holdings Limited for HKD 1.00, which will lead to the termination of its entire printing business[101] - The company has sold 100% equity of two subsidiaries primarily engaged in printing, typesetting, and translation services, ceasing its remaining printing business[169] - The company conditionally agreed to sell 100% equity of Elegant Printing Holdings Limited for HKD 1.00, with the target group primarily engaged in printing, typesetting, and translation services[195]

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佈之內容概不負責，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公佈全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CORNERSTONE TECHNOLOGIES HOLDINGS LIMITED 基 石 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8391） 截至二零二三年九月三十日止九個月之 第三季度業績公佈 基石科技控股有限公司（「本公司」，連同其附屬公司，「本集團」）之董事（「董事」）會（「董 事會」）欣然宣佈本集團截至二零二三年九月三十日止九個月之第三季度業績。本公佈載 列本公司第三季度報告之全文，乃符合香港聯合交易所有限公司（「聯交所」）GEM證券上 市規則（「GEM上市規則」）中有關第三季度業績初步公佈所附載資料之相關要求。 代表董事會 基石科技控股有限公司 聯席主席兼執行董事 梁子豪 ...

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容 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。 CORNERSTONE TECHNOLOGIES HOLDINGS LIMITED 基 石 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8391） 有關截至二零二二年十二月三十一日止年度 之年報之澄清及補充公佈 茲提述基石科技控股有限公司（「本公司」）於二零二三年三月三十一日刊發之截至二零 二二年十二月三十一日止年度之年報（「二零二二年年報」）。除另有界定者外，本公佈所 用詞彙與二零二二年年報所界定者具有相同涵義。 本公司董事（「董事」）會（「董事會」）謹此澄清，二零二二年年報第68頁所披露之「購股權計 劃」附註4，於二零二二年十二月三十一日根據購股權計劃可供授出之購股權數目應為 「579,054份」而非「7,143,054份」。 除二零二二年年報所披露之資料外，董事會謹此向本公司股東及潛在投資者提供以下有 關購股權計劃之補充資料，其載於二零二二年年報「董事會報告書」一 ...

Electric Vehicle Charging Infrastructure - As of June 30, 2023, the group has successfully installed electric vehicle chargers in over 121 parking lots across 18 districts in Hong Kong, capturing a significant market share [20]. - The public charging network in Hong Kong comprises 6,142 electric vehicle chargers, including 3,596 medium-speed chargers, 1,022 fast chargers, and 1,524 standard chargers [18]. - The group has made substantial investments in the electric vehicle charging sector to address the growing demand for charging infrastructure [18]. - The government has launched a budget of HKD 3.5 billion for the EV Housing Charging Scheme to encourage the installation of electric vehicle charging infrastructure [15]. - The government plans to increase the proportion of parking spaces equipped with electric vehicle chargers in new government properties from 30% to 100% by 2025, aiming to provide an additional 7,000 charging spaces [15]. - The ratio of public electric vehicle chargers to the total number of electric vehicles is approximately 1:10, up from 1:6 in March 2022, highlighting the need for further infrastructure development [18]. - The group is collaborating with Link REIT to roll out Cornerstone GO electric vehicle charging stations across 33 parking lots in phases [20]. - The company aims to expand its electric vehicle charging network and enhance user experience through the Cornerstone GO platform, targeting all electric vehicle drivers in Hong Kong [28]. - The company plans to continue the pilot operation of Cornerstone BUSINESS, focusing on electric taxis and electric trucks for rental [28]. - The company has established strong alliances with well-known automotive brands to provide electric vehicle charging options, aiming to become Hong Kong's largest electric vehicle-driven ecosystem [25]. Electric Vehicle Adoption Trends - The proportion of newly registered electric private cars surged from 6.3% in 2019 to 61% by June 2023, indicating a rapid shift in consumer preference towards electric vehicles [18]. - As of June 30, 2023, Cornerstone HOME has a total of 416 users, representing a significant growth of 384% compared to 86 users as of June 30, 2022 [22]. - Cornerstone GO has reached a total of 10,945 members as of June 30, 2023, marking a substantial increase of 567% from 1,642 members as of June 30, 2022 [22]. Financial Performance - The total revenue for the six months ended June 30, 2023, was approximately HKD 49,273,000, up 31.5% from approximately HKD 37,494,000 for the same period in 2022 [35]. - The electric vehicle charging business revenue increased over 100% from approximately HKD 10,300,000 for the six months ended June 30, 2022, to approximately HKD 25,500,000 for the same period in 2023 [25]. - Revenue from the sale of electric vehicle charging systems increased by approximately 35.7% from about HKD 9,800,000 for the six months ended June 30, 2022, to about HKD 13,300,000 for the same period in 2023 [37]. - Revenue from external customers for the electric vehicle charging business reached HKD 25,531 thousand, while the printing business generated HKD 23,742 thousand, totaling HKD 49,273 thousand for the six months ended June 30, 2023 [154]. - The group reported a total loss and comprehensive expenses of approximately HKD 49,900,000 for the period, compared to HKD 47,100,000 in 2022 [65]. - The company reported a loss attributable to owners of the company of HKD (20,120) for the six months ended June 30, 2023, compared to a loss of HKD (26,241) in the same period last year, showing an improvement of 23.4% [141]. Cost and Expense Management - Overall gross profit margin improved from approximately 7.0% to 16.5%, with total gross profit rising to HKD 8,148,000 [48]. - Selling expenses increased by approximately 88.9% from HKD 900,000 to HKD 1,700,000, mainly due to commissions paid to sales personnel [51]. - Administrative and other operating expenses decreased by approximately 16.2% from HKD 48,200,000 to HKD 40,400,000, influenced by various cost-saving measures [52]. - Research and development expenses for the current period were approximately HKD 374,000, compared to HKD 623,000 in the previous period [55]. - Financing costs increased by approximately 23.1% from HKD 1,300,000 to HKD 1,600,000, mainly due to increased interest on bank loans [62]. Shareholder Information - Major shareholders include Global Fortune with 235,603,225 shares, representing 28.58% of the issued share capital, and Tanner Enterprises with 98,392,000 shares, representing 11.94% [102]. - The total number of shares held by the directors and senior management includes 268,595,225 shares by Mr. Ng, representing 32.59% of the issued share capital [94]. - The company’s directors and senior management hold significant interests in the company’s shares, with Mr. Li holding 113,104,613 shares, representing 13.72% [94]. - The shareholding structure indicates a concentration of ownership among a few major shareholders, which may impact governance and decision-making [102]. Asset and Liability Management - The group's current assets increased to HKD 74,284,000 from HKD 45,772,000, reflecting a growth of approximately 62.2% [123]. - The net asset value increased to HKD 84,603 from HKD 50,891, reflecting a significant rise of 66.4% year-over-year [125]. - The company's total liabilities included interest-bearing bank and other borrowings of HKD 25,569, slightly up from HKD 25,441, indicating a marginal increase of 0.5% [125]. - The company reported a total loss of HKD 26,150,000 for the period [1]. - Total liabilities amounted to HKD 109,642,000, with allocated liabilities of HKD 82,172,000 [1]. Compliance and Governance - The company has established an audit committee to oversee financial reporting and risk management, ensuring compliance with relevant laws and regulations [108]. - The company has complied with the trading standards as per GEM Listing Rules from January 1, 2023, to the report date [86]. - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period [93].

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佈之內容概不負責，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公佈全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CORNERSTONE TECHNOLOGIES HOLDINGS LIMITED 基 石 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8391） 截至二零二三年六月三十日止六個月之 中期業績公佈 基石科技控股有限公司（「本公司」，連同其附屬公司，「本集團」）之董事（「董事」）會（「董 事會」）欣然宣佈本集團截至二零二三年六月三十日止六個月之中期業績。本公佈載列本 公司中期報告之全文，乃符合香港聯合交易所有限公司GEM證券上市規則（「GEM上市規 則」）中有關中期業績初步公佈所附載資料之相關要求。 代表董事會 基石科技控股有限公司 聯席主席兼執行董事 梁子豪 ...

Financial Performance - For the three months ended March 31, 2023, the company reported total revenue of HKD 4,868,000, a decrease of 40.0% compared to HKD 8,140,000 for the same period in 2022[21]. - The company incurred a total comprehensive loss of HKD 29,996,000 for the three months ended March 31, 2023, compared to a loss of HKD 20,648,000 for the same period in 2022, representing an increase in loss of 45.0%[12]. - The company reported a loss per share of HKD 0.06 for the three months ended March 31, 2023, compared to a loss per share of HKD 0.04 for the same period in 2022[26]. - The company’s accumulated losses increased to HKD 252,093,000 as of January 1, 2023, from HKD 112,430,000 as of March 31, 2022[12]. - The company reported a total comprehensive loss of HKD 30,545,000 for the three months ended March 31, 2023, compared to a loss of HKD 20,917,000 for the same period in 2022, representing an increase of 46.0%[36]. - The loss attributable to owners of the company was HKD 29,996,000, up from HKD 20,648,000 in the previous year, indicating a year-over-year increase of 45.0%[37]. - The basic and diluted loss per share for the period was HKD 3.93, compared to HKD 3.40 in the same period last year, reflecting a 15.6% increase[37]. - The group recorded a total loss and comprehensive expenses of approximately HKD 30,500,000 for the period, compared to HKD 20,900,000 in the previous year[141]. - The company reported a pre-tax loss of HKD 30,582,000, which is a significant increase from a pre-tax loss of HKD 21,135,000 in the same quarter last year[193]. Revenue Breakdown - The revenue from commercial printing services was HKD 2,544,000, down 52.6% from HKD 5,355,000 in the previous year[21]. - The revenue from financial printing services was HKD 2,167,000, a decrease of 10.4% compared to HKD 2,419,000 in the same period last year[21]. - The company generated installation service revenue of HKD 2,889,000 for the three months ended March 31, 2023, with no revenue reported in the same period last year[20]. - The company reported a total revenue from other income of HKD 679,000 for the three months ended March 31, 2023, compared to HKD 134,000 in the same period of 2022, representing a growth of 406.0%[48]. - The revenue for the electric vehicle charging business increased by approximately 112% to HKD 7,600,000 for the first quarter of 2023, driven by growth in various revenue segments, particularly from subscription fees and EHSS projects[86]. - The company recorded revenue of approximately HKD 2,900,000 from installation services for electric vehicle charging infrastructure projects during the period, which was not present in the previous year[124]. - Revenue from electric vehicle charging systems increased by approximately 11.8%, from HKD 3,400,000 in Q1 2022 to HKD 3,800,000 in Q1 2023, driven by an increase in customer numbers and sales orders[97]. - Revenue from subscription fees rose significantly from approximately HKD 140,000 in Q1 2022 to HKD 773,000 in Q1 2023, attributed to an increase in user numbers under public and private subscription plans[98]. - Total revenue for the first quarter of 2023 was approximately HKD 12,457,000, an increase from HKD 11,716,000 in the same period of 2022, representing a growth of about 6.3%[94]. Expenses and Costs - Total employee costs, including director remuneration, increased to HKD 25,449,000 in Q1 2023 from HKD 16,432,000 in Q1 2022, marking a year-over-year increase of 55.0%[49]. - The company incurred interest expenses of HKD 731,000 for the three months ended March 31, 2023, compared to HKD 659,000 in the same period of 2022, reflecting an increase of 10.9%[49]. - Administrative and other operating expenses increased by approximately 14.1% to about HKD 20,200,000 for the three months ended March 31, 2022, consistent with revenue growth[134]. - Sales expenses rose by approximately 120.7%, from HKD 410,000 in Q1 2022 to HKD 905,000 in Q1 2023, primarily due to increased commissions paid to sales staff[133]. - Financing costs rose by approximately 10.9% to about HKD 731,000, primarily due to increased bank loan interest from higher loan amounts[138]. - The cost of services related to the electric vehicle charging business rose by approximately 93.8% to HKD 6,200,000, aligning with the revenue increase[71]. - The gross loss margin for the printing business was approximately 63.0% in Q1 2023, compared to 26.8% in Q1 2022, indicating a significant decline in profitability[101]. - The gross profit from the electric vehicle charging business was approximately HKD 1,400,000 in Q1 2023, with a gross profit margin of about 18.4%, up from 11.5% in Q1 2022[104]. Electric Vehicle Market and Initiatives - The company achieved a significant increase in subscribers for its Cornerstone HOME service, reaching 325 subscribers as of March 31, 2023, a 778% increase from 37 subscribers a year earlier[61]. - The number of newly registered electric vehicles in Hong Kong for the first three months of 2023 was 6,385, nearly double the 3,234 registered in the same period of 2022, representing a growth rate of approximately 97.0%[57]. - The company successfully launched its first charging station in Bangkok, Thailand, and expanded its operations into Australia and Singapore, tapping into rapidly growing electric vehicle markets[62]. - The number of licensed electric private cars in Hong Kong reached 51,998 by the end of March 2023, representing 8.96% of all licensed private cars, up from 5.14% a year earlier, indicating a growth of 1.8 times in quantity and 1.7 times in proportion[80]. - The electric vehicle charging industry is rapidly growing in Hong Kong and other Asian countries, reflecting increasing consumer adoption of electric vehicles[198]. - The company is committed to aligning with global trends in electric vehicle technology and expanding its offerings in this sector[198]. - The company aims to enhance user experience on its platform and contribute to global climate change efforts as the electric vehicle market continues to expand[64]. Shareholder and Governance Information - Major shareholders include Mr. Wu with 32.93% and Mr. Leung with 31.60% of the issued share capital[150]. - Major shareholders include Global Fortune holding 235,603,225 shares (29.86%), Tanner Enterprises with 98,392,000 shares (12.47%), and Gateway Capital (Hong Kong) Limited with 97,716,000 shares (12.38%)[181]. - The company has complied with all applicable provisions of the corporate governance code as per GEM Listing Rules during the reporting period[170]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the period, confirming compliance with applicable accounting standards[159]. - The audit committee, consisting of three independent non-executive directors, assists the board in financial reporting and internal control effectiveness[183]. - The company has confirmed compliance with trading standards as per GEM Listing Rules from January 1, 2023, to the report date[171]. Fundraising Activities - The company completed the first subscription on March 6, 2023, issuing 20,000,000 shares at a subscription price of HKD 0.62 per share, raising a total of approximately HKD 12,200,000[164][169]. - 80% of the raised funds are allocated for the development of electric vehicle charging business, while 10% is intended for upgrading and purchasing new equipment and hardware[169]. - The net proceeds from the second subscription agreement are approximately HKD 40,100,000, also intended for the electric vehicle charging business[145]. - As of January 1, 2023, there were no unutilized net proceeds carried forward from previous fundraising activities[168]. - The second subscription involves related parties and must comply with GEM Listing Rules regarding disclosure and independent shareholder approval[166].

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佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CORNERSTONE TECHNOLOGIES HOLDINGS LIMITED 基 石 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8391） 截至二零二三年三月三十一日止三個月之 第一季度業績公佈 基石科技控股有限公司（「本公司」，連同其附屬公司，「本集團」）之董事（「董事」）會（「董 事會」）欣然宣佈本集團截至二零二三年三月三十一日止三個月之第一季度業績。本公佈 載列本公司第一季度報告之全文，乃符合香港聯合交易所有限公司GEM證券上市規則 （「GEM上市規則」）中有關第一季度業績初步公佈所附載資料之相關要求。 代表董事會 基石科技控股有限公司 聯席主席兼執行董事 梁子豪 ...

Electric Vehicle Charging Infrastructure - The company increased its electric vehicle charging infrastructure in Hong Kong by tenfold over the past year, significantly boosting its market share[10]. - The Hong Kong government continues to support the electric vehicle charging industry with subsidies and incentives for infrastructure development[10]. - The company has established significant contracts and partnerships with leading stakeholders in the commercial and residential sectors[10]. - The electric vehicle market in Hong Kong is experiencing rapid growth, with increasing consumer adoption and a diverse range of vehicle models available[12]. - The company is committed to building a comprehensive charging network in Hong Kong, providing solutions for various property types including residential, commercial, and public facilities[31]. - The company launched the Cornerstone GO platform in October 2022, which integrates charging operators, electric vehicle drivers, and marketers, currently hosting over 70 charging stations with plans to add 33 more[28]. - The company is expanding its Southeast Asia operations into Thailand, Malaysia, and Indonesia, and has also entered the Australian market to develop charging solutions for residential projects[29]. - The company aims to expand the number of charging stations and enhance the functionality of its Cornerstone GO app to improve user experience[35]. - The company plans to continue collaborating with strategic partners to build a comprehensive charging network and accelerate the transition to an electrified vehicle industry[37]. Financial Performance - Revenue growth reached 370% despite challenges posed by the COVID-19 pandemic, indicating strong financial performance[10]. - In 2022, the company's revenue increased approximately 3.7 times to HKD 31,800,000 from HKD 6,800,000 in 2021, driven by significant growth in electric vehicle charging solutions and EHSS project revenues[31]. - The company's revenue increased by approximately 45.6% from about HKD 55 million in the previous year to approximately HKD 80 million in the current year[41]. - Revenue from electric vehicle charging systems surged by approximately 224.6%, rising from about HKD 6.5 million to approximately HKD 21.1 million[46]. - The revenue from financial printing services increased by approximately 20.3%, from about HKD 15.8 million to approximately HKD 19 million[44]. - The revenue from ordering fees increased by approximately 306.2%, from about HKD 353,000 to approximately HKD 1.4 million, due to increased coverage of charging stations[47]. - The company recorded installation service revenue of approximately HKD 8.9 million for the first time, related to the EHSS electric vehicle charging infrastructure project[48]. - The company recorded a total loss and comprehensive expenses of approximately HKD 161,200,000 for the year, compared to about HKD 62,000,000 in the previous year[62]. - Adjusted LBITDA for 2022 was HKD (51,082,000), compared to HKD (33,988,000) in 2021, indicating a worsening of approximately 50.3%[66]. Investment and Financing - The company has attracted new investment interest, which will aid in expanding its business both within and outside the Hong Kong market[10]. - The company has established a green financing agreement of HKD 150,000,000 with KGI Capital to support financing payments related to EHSS projects[23]. - The total amount raised from the share placement was approximately HKD 24,500,000, with a net amount of approximately HKD 23,300,000[79]. - The funds raised are intended for investment in electric vehicle charging business R&D, future investments in the electric vehicle charging segment, and general corporate purposes[79]. - The company issued a total of 45,316,000 subscription shares at a price of HKD 0.62 per share, raising approximately HKD 28,100,000 for operational expenses in the electric vehicle charging business[82]. - The company has not drawn any financing under the green loan agreement as of the report date[87]. Governance and Management - The company has established a strong leadership team with diverse backgrounds in finance, management consulting, and education[116][117]. - The management emphasizes the importance of compliance and regulatory oversight in its operations[113]. - The company has a robust sales strategy in place, with a focus on creating business value through partnerships[124]. - The board of directors includes 6 executive directors and 4 independent non-executive directors, ensuring a diverse governance structure[136]. - The company has confirmed compliance with the trading standards for directors since January 1, 2022, ensuring ethical trading practices[135]. - The company has established a risk management system that includes risk identification, assessment, and mitigation measures, ensuring effective internal controls[169]. - The board confirmed the effectiveness of the internal control and risk management systems as of December 31, 2022, based on reviews conducted by the audit committee and independent consultants[169]. Sustainability and Future Outlook - The company emphasizes the importance of sustainable development and aims to play a key role in promoting zero-carbon emissions and low-carbon societal transformation[13]. - The company aims to achieve carbon neutrality by 2050, aligning with the Hong Kong government's roadmap for electric vehicle adoption and zero emissions[31]. - The company maintains an optimistic outlook for the future of the electric vehicle charging industry, anticipating continued growth and development[13]. - The group emphasizes its commitment to environmental protection and compliance with relevant laws and regulations, encouraging employees to enhance their environmental awareness[191][192]. Employee Relations and Diversity - The group provides competitive compensation and regular performance reviews for employees, including opportunities for internal promotion and performance bonuses[196]. - The company emphasizes gender diversity, with a current employee gender ratio of 1 male to 0.71 female as of December 31, 2022[152]. - The board consists of 12 members, including two women, and aims to gradually increase the proportion of female members[152]. - The company is committed to enhancing gender diversity in senior management and will allocate more resources for the career development and training of female employees[152].

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佈之內容概不負責，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公佈全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CORNERSTONE TECHNOLOGIES HOLDINGS LIMITED 基 石 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8391） 截至二零二二年十二月三十一日止年度之 年度業績公佈 基石科技控股有限公司（「本公司」，連同其附屬公司，「本集團」）之董事（「董事」）會（「董 事會」）欣然宣佈本集團截至二零二二年十二月三十一日止年度之綜合業績。本公佈載列 本公司二零二二年年報之全文，乃符合香港聯合交易所有限公司GEM證券上市規則（「GEM 上市規則」）中有關年度業績初步公佈所附載資料之相關要求。 代表董事會 基石科技控股有限公司 聯席主席兼執行董事 梁子豪 ...