Financial Performance - For the nine months ended September 30, 2023, the company reported total revenue of $1,627,000, a decrease of 66.8% compared to $4,898,000 for the same period in 2022[5]. - The cost of goods sold for the nine months was $636,000, down 79.7% from $3,133,000 in the previous year[5]. - The company incurred a loss before tax of $756,000 for the nine months, compared to a loss of $943,000 in the same period last year, representing a 19.8% improvement[5]. - The total comprehensive loss for the nine months was $837,000, a reduction of 22.0% from $1,073,000 in the prior year[6]. - Basic and diluted loss per share for the nine months was $0.11, an improvement from $0.14 in the same period of 2022[6]. - The company reported a net loss of $753,000 for the nine months ended September 30, 2023, compared to a net loss of $949,000 for the same period in 2022[24]. - For the nine months ended September 30, 2023, the company reported a loss attributable to owners of $801,000, compared to a loss of $1,015,000 for the same period in 2022, representing a 21% improvement[32]. - The net loss for the nine months ended September 30, 2023, was approximately $753,000, down from approximately $949,000 for the same period in 2022, reflecting improvements in the performance of reportable segments[59]. Revenue Breakdown - Revenue from the Network Infrastructure Solutions segment was $461,000, while the Network Security Solutions segment generated $813,000, and the SaaS segment contributed $353,000 for the nine months ended September 30, 2023[22]. - Revenue from Singapore decreased significantly to $477,000 in 2023 from $2,067,000 in 2022, reflecting a decline of 76.9%[26]. - The network infrastructure solutions segment generated revenue of approximately $461,000, down from $2,233,000 in the previous year, primarily due to a decrease in the scale of new projects completed[51]. - The network security solutions segment reported revenue of approximately $813,000, compared to $2,240,000 in the prior year, mainly due to project delays[51]. - The SaaS segment achieved a revenue of approximately $353,000, down from $425,000 in the same period last year, attributed to a general reduction in sales activities[51]. - The company generated $238,000 in revenue from Cyprus for the nine months ended September 30, 2023, which was not reported in the previous year[26]. Cost Management - The company continues to focus on cost management, with employee costs reduced to $603,000 from $1,085,000 year-over-year, a decrease of 44.4%[5]. - General and administrative expenses decreased from approximately $1,025,000 for the nine months ended September 30, 2022, to approximately $552,000 for the nine months ended September 30, 2023, attributed to cost control measures[57]. - Subcontracting costs for cybersecurity solutions and SaaS business were approximately $76,000 for the nine months ended September 30, 2023, down from approximately $122,000 for the same period in 2022[55]. - Sales and marketing expenses were approximately $23,000 for the nine months ended September 30, 2023, compared to approximately $27,000 for the same period in 2022, showing no significant fluctuation[56]. - The cost of goods sold decreased from approximately $3,133,000 for the nine months ended September 30, 2022, to approximately $636,000 for the nine months ended September 30, 2023, primarily due to a reduction in hardware component purchases[53]. Equity and Shareholder Information - As of September 30, 2023, total equity attributable to the company's equity holders was $4,560,000, down from $5,427,000 at the beginning of the year[10]. - The weighted average number of ordinary shares for the nine months ended September 30, 2023, was 739,800,000 shares, slightly up from 724,424,000 shares in the same period of 2022[32]. - The company did not recommend any dividend payment for the nine months ended September 30, 2023, consistent with the previous year[33]. - The company did not recommend the payment of dividends for the nine months ended September 30, 2023, consistent with the previous period[66]. Strategic Focus and Developments - The company has not disclosed any new product developments or market expansion strategies during the reporting period[5][6]. - There were no significant mergers or acquisitions reported in the current financial period[5][6]. - The company has identified significant market opportunities in Southeast Asia's cybersecurity sector, with spending expected to grow from approximately $3.2 billion in 2021 to about $6.1 billion by 2026, representing a growth rate of approximately 14%[45]. - The company plans to enhance its business and expand into the enterprise digital transformation and smart technology sectors following recent acquisitions[44]. - The company has developed a comprehensive elderly care management system, expanding its offerings beyond access management solutions, which is expected to increase its market share in the digital transformation and smart technology sectors[48]. Compliance and Governance - The company has complied with the applicable corporate governance code provisions, except for the deviation from code provision C.2.1, which states that the roles of Chairman and CEO should be separated[75]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated financial statements for the nine months ended September 30, 2023, and found them to comply with applicable accounting standards[81]. Taxation - The company has established tax exemptions for entities in the Cayman Islands and British Virgin Islands, resulting in no tax provisions for Hong Kong profits for the nine months ended September 30, 2023[30]. - The estimated corporate tax rate for Singapore is 17%, with certain exemptions applicable for the first SGD 10,000 of taxable income[31]. - The company reported no current tax expenses for the nine months ended September 30, 2023, in relation to its operations in China, Malaysia, and Singapore[30].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」)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，並明確表示概不對因本 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之任何損失承擔任何責任。 NEXION TECHNOLOGIES LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8420） 截至二零二三年九月三十日止九個月之第三季度業績公告 Nexion Technologies Limited（「本公司」）董事會欣然宣佈本公司及其附屬公司截至 二零二三年九月三十日止九個月之未經審核簡明綜合財務業績。本公告載有本公 司二零二三年第三季度業績報告（「第三季度業績報告」）全文，符合聯交所GEM 證券上市規則（「GEM上市規則」）有關第三季度業績初步公告隨附資料之相關規 定。本公司第三季度業績報告的印刷版本將於適當時候寄發予本公司股東，並刊 登於聯交所網站www.hkexnews.hk及本公司網站http://nexion.com.hk供閱覽。 承董事會命 Nexion Technologies Limited 主席兼執行董事 Ong Gim Hai 香港，二零二三年十一 ...

Financial Performance - For the six months ended June 30, 2023, the company reported revenue of $1,156,000, a decrease of 72.9% compared to $4,261,000 for the same period in 2022[4]. - The company incurred a loss before tax of $480,000 for the six months ended June 30, 2023, compared to a loss of $458,000 for the same period in 2022, indicating a slight increase in losses[4]. - Total comprehensive loss for the six months ended June 30, 2023, was $565,000, compared to $374,000 for the same period in 2022, reflecting a 51.1% increase in losses[6]. - For the six months ended June 30, 2023, the company reported a net loss of $501,000, compared to a net loss of $482,000 for the same period in 2022, indicating a 4% increase in losses year-over-year[8]. - The company reported a basic and diluted loss per share of $0.07 for the six months ended June 30, 2023, unchanged from the same period in 2022[6]. Assets and Liabilities - As of June 30, 2023, the company's total assets amounted to $4,894,000, a decrease from $5,374,000 as of December 31, 2022, representing a decline of 8.9%[7]. - The company's net asset value as of June 30, 2023, was $4,882,000, down from $5,447,000 at the end of 2022, indicating a decrease of 10.4%[7]. - The company’s total liabilities as of June 30, 2023, were $1,518,000, down from $1,718,000 at the end of 2022, indicating an 11.6% reduction[7]. - The company’s inventory increased significantly to $707,000 as of June 30, 2023, compared to $30,000 at the end of 2022, representing a substantial increase of 2,256.7%[7]. Cash Flow and Investments - The company’s cash flow from operating activities was a net outflow of $48,000, significantly improved from a net outflow of $2,803,000 in the previous year, representing an 83% reduction in cash used[9]. - The company’s investment activities resulted in a net cash outflow of $73,000, contrasting with a net cash inflow of $1,126,000 in the same period last year[9]. - The company’s financing activities resulted in a net cash outflow of $34,000, slightly improved from a net outflow of $39,000 in the previous year[9]. Revenue Segmentation - Revenue from the Network Infrastructure segment was $382 million, down 81.6% from $2,073 million in the previous year[20]. - Revenue from the Cybersecurity segment was $555 million, a decrease of 71.5% compared to $1,945 million in the same period last year[20]. - The SaaS segment generated $219 million in revenue, down 9.9% from $243 million in the same period of 2022[20]. Operational Changes and Strategy - The company continues to focus on network infrastructure solutions, cybersecurity solutions, and Software as a Service (SaaS) offerings as part of its core business strategy[10]. - The company has identified a need for market expansion and new product development to address declining revenues in key segments[24]. - The company is exploring strategic acquisitions to enhance its market position and diversify its offerings[24]. - The company anticipates that the network security solutions business will become a major focus in the coming years, driven by the growing demand for digital transformation and smart technology solutions[68]. - The company has reallocated internal resources and adjusted its business strategy to focus on developing its network security solutions business and expanding into the enterprise digital transformation sector[68]. Governance and Compliance - The company has complied with the applicable corporate governance code provisions, except for the deviation from code provision C.2.1, which states that the roles of the chairman and CEO should be separated[105]. - The audit committee, consisting of three independent non-executive directors, has reviewed the interim consolidated financial statements and found them to comply with applicable accounting standards[112]. - The board of directors includes one executive director, one non-executive director, and three independent non-executive directors as of the report date[113].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」)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，並明確表示概不對因本 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之任何損失承擔任何責任。 NEXION TECHNOLOGIES LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8420） 截至二零二三年六月三十日止六個月之中期業績公告 Nexion Technologies Limited（「本公司」）董事會欣然宣佈本公司及其附屬公司截 至二零二三年六月三十日止六個月之未經審核簡明綜合財務業績。本公告載有本 公司二零二三年中期業績報告（「中期業績報告」）全文，符合聯交所GEM證券上 市規則（「GEM上市規則」）有關中期業績初步公告隨附資料之相關規定。本公司 中期業績報告的印刷版本將於適當時候寄發予本公司股東，並刊登於聯交所網站 www.hkexnews.hk及本公司網站http://nexion.com.hk供閱覽。 承董事會命 Nexion Technologies Limited 主席兼執行董事 Ong Gim Hai 香港，二零二三年八月八日 於本公告日期， ...

Financial Performance - For the three months ended March 31, 2023, Nexion Technologies Limited reported revenue of $446,000, a decrease of 41% compared to $758,000 in the same period of 2022[6] - The cost of goods sold for the same period was $138,000, slightly down from $143,000 year-over-year[6] - Employee costs and related expenses decreased to $201,000 from $293,000, reflecting a reduction of 31.5%[6] - The company recorded a loss before tax of $205,000, compared to a loss of $190,000 in the prior year, indicating a 7.9% increase in losses[6] - Total comprehensive loss for the period was $180,000, compared to a loss of $172,000 in the same quarter of 2022, representing an increase of 4.7%[7] - Basic and diluted loss per share for the period was $0.03, unchanged from the same period last year[7] - Adjusted EBITDA for the three months ended March 31, 2023, was $92,000, down 33.8% from $139,000 in the same period of 2022[23] - The company incurred depreciation and amortization expenses of $167,000 for the three months ended March 31, 2023, compared to $214,000 in the same period of 2022[23] - The adjusted EBITDA for the SaaS segment was a profit of approximately $20,000, compared to a profit of about $105,000 for the same period last year, indicating a decrease of about 81.0%[47] - General and administrative expenses decreased significantly from approximately $342,000 to about $104,000, a reduction of about 69.6%[55] Revenue Breakdown - Revenue from the Network Infrastructure Solutions segment was $84,000, a decline of 49.1% from $165,000 in the previous year[21] - Revenue from the Cybersecurity Solutions segment was $245,000, down 43.1% from $431,000 in the same period of 2022[21] - Revenue from SaaS was $117,000, a decrease of 27.8% compared to $162,000 in the same period last year[21] - Revenue from Malaysia increased to $125,000 in Q1 2023 from $73,000 in Q1 2022, representing a growth of 71.2%[25] - Revenue from Singapore decreased significantly to $124,000 in Q1 2023 from $364,000 in Q1 2022, a decline of 65.9%[25] - For the three months ending March 31, 2023, the total revenue was approximately $446,000, a decrease of about 41.1% compared to $758,000 for the same period in 2022[49] - The revenue from the network infrastructure solutions business was approximately $84,000, down from $165,000, reflecting a decrease of about 49.1%[49] - The revenue from the cybersecurity solutions business was approximately $245,000, down from $431,000, representing a decrease of about 43.1%[49] - The SaaS business generated revenue of approximately $117,000, a decrease from $162,000, which is a decline of about 27.8%[49] Equity and Investments - As of March 31, 2023, total equity attributable to equity holders was $5,232,000, a decrease from $6,456,000 at the beginning of the year[9] - The acquisition of WerkDone Pte. Ltd. was completed for a maximum consideration of 3,500,000 SGD (approximately 2,628,000 USD), with 50% paid in cash and 50% in shares[36] - The first payment of 1,167,000 SGD (approximately 880,000 USD) was made in cash upon completion of the acquisition[37] - Performance-based payments totaling 2,333,000 SGD (approximately 1,723,000 USD) are contingent on achieving profit guarantees of at least 500,000 SGD (approximately 375,000 USD) for specified periods[39] - The company had no significant investments, acquisitions, or disposals during the reporting period[62] Corporate Governance - Alpha Sense Investments Limited holds 154,838,000 shares, representing 20.93% of the issued share capital[68] - XOX (Hong Kong) Limited owns 117,848,500 shares, accounting for 15.93% of the issued share capital[68] - UBS Group AG has a beneficial ownership of 39,465,000 shares, which is 5.33% of the issued share capital[68] - The company has complied with the applicable corporate governance code provisions, except for the deviation regarding the roles of Chairman and CEO[73] - No share options were granted, cancelled, exercised, or lapsed under the share option scheme during the three months ended March 31, 2023[78] - The audit committee, consisting of three independent non-executive directors, has reviewed the first quarter consolidated financial statements[81] - The company has not purchased, sold, or redeemed any of its listed securities during the three months ended March 31, 2023[75] - There are no known interests held by directors or major shareholders in any competing businesses as of March 31, 2023[74] - The company has adopted a code of conduct for securities trading by directors, with no known violations during the reporting period[77] Strategic Focus - Nexion Technologies Limited continues to focus on providing network infrastructure solutions and cybersecurity services, with operations in Singapore and China[11] - The company aims to focus on expanding its cybersecurity solutions business, which is expected to be a major area of growth in the coming years[43] - Southeast Asia's cybersecurity spending exceeded approximately 3.2 billion USD in 2021 and is projected to grow by about 14% to reach approximately 6.1 billion USD by 2026[43] - The company has reallocated internal resources and adjusted its business strategy to enhance its cybersecurity solutions and digital transformation services[43] - The company is committed to maintaining its accounting policies consistent with those used in the preparation of the 2022 audited financial statements[16]

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」)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，並明確表示概不對因本 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之任何損失承擔任何責任。 NEXION TECHNOLOGIES LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8420） 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告 Nexion Technologies Limited（「本公司」）董事會欣然宣佈本公司及其附屬公司截至 二零二三年三月三十一日止三個月之未經審核簡明綜合財務業績。本公告載有本 公司二零二三年第一季度業績報告（「第一季度業績報告」）全文，符合聯交所GEM 證券上市規則（「GEM上市規則」）有關第一季度業績初步公告隨附資料之相關規 定。本公司第一季度業績報告的印刷版本將於適當時候寄發予本公司股東，並刊 登於聯交所網站www.hkexnews.hk及本公司網站http://nexion.com.hk供閱覽。 承董事會命 Nexion Technologies Limited 主席兼執行董事 Ong Gim Hai 香港，二零二三年 ...

Financial Performance - For the year ended December 31, 2022, the company's revenue decreased by approximately $1,521,000 or 21.9% to about $5,434,000 compared to $6,955,000 in 2021[13] - The company achieved a profit of approximately $205,000 for the year, an increase of $1,302,000 or 118.7% compared to a loss of approximately $1,097,000 in the previous year[13] - The annual loss reduced from approximately $3,080,000 for the year ended December 31, 2021, to about $1,160,000 for the year ended December 31, 2022, driven by improved performance in the network infrastructure, cybersecurity solutions, and SaaS segments[63] - Total revenue for the group was approximately $5,434,000 for the year ended December 31, 2022, down from approximately $6,955,000 in 2021, with network infrastructure solutions revenue decreasing to approximately $2,280,000 from $4,349,000[54] - The cost of goods sold decreased to approximately $3,726,000 for the year ended December 31, 2022, from approximately $4,642,000 in 2021, mainly due to reduced hardware purchases[55] - Employee costs and related expenses were approximately $1,263,000 for the year ended December 31, 2022, down from approximately $1,775,000 in 2021, attributed to reduced employee benefits and share-based payments[57] - General and administrative expenses decreased from approximately $1,450,000 for the year ended December 31, 2021, to about $981,000 for the year ended December 31, 2022, primarily due to cost control measures[62] Market Trends and Strategy - The global cybersecurity market is projected to grow from approximately $173.5 billion in 2022 to about $266.2 billion by 2027, with a compound annual growth rate (CAGR) of approximately 8.9%[14] - The company plans to strengthen its internal resources and investments in cybersecurity solutions in response to macro trends[14] - The company aims to continuously explore synergistic development opportunities and adapt its business strategies to enhance growth and maximize shareholder value[14] - The cybersecurity solutions business is expected to become a primary focus for the company in the coming years, driven by significant market opportunities in Southeast Asia, where cybersecurity spending is projected to grow from approximately $3.2 billion in 2021 to approximately $6.1 billion by 2026[50] - The company is actively monitoring risks related to rising interest rates, geopolitical tensions, and trade conflicts, while exploring synergistic development opportunities to enhance business growth[51] Leadership and Governance - Ong Gim Hai has been appointed as the CEO and Chairman since May 31, 2022, overseeing overall corporate strategy and daily operations[19] - The company has a diverse board with members holding significant experience in finance, law, and technology[26] - The board includes members with extensive backgrounds in accounting and tax consulting, enhancing financial oversight[29] - The company aims to leverage its board's diverse expertise to drive strategic growth and market expansion[26] - The board of directors consists of five members, including one executive director, one non-executive director, and three independent non-executive directors, ensuring a balanced governance structure[176] - The company has adopted the GEM Listing Rules and has confirmed compliance with the corporate governance code, except for a deviation regarding the separation of the roles of chairman and CEO[169][171] Employee and Workforce Management - The company emphasizes the importance of a harmonious work environment to retain capable employees and enhance morale through various employee activities[104] - Employee turnover rate for the year ended December 31, 2022, was approximately 35%, up from 25% in 2021[134] - The total number of suppliers decreased to 44 in 2022 from 68 in 2021, with significant reductions in Malaysia and Singapore[140] - The company had 23 employees as of December 31, 2022, down from 28 employees in 2021[89] - The gender distribution of employees in 2022 was 16 males and 7 females, compared to 12 males and 16 females in 2021[125] Environmental and Social Responsibility - The company has implemented various energy-saving measures to reduce emissions, including waste management and resource utilization strategies[107] - The total greenhouse gas emissions for the year ended December 31, 2022, amounted to 10,375 kg, an increase from 7,809 kg in 2021, primarily due to increased overseas travel as pandemic restrictions eased[113] - The company encourages employees to adopt environmentally friendly practices, such as double-sided printing and using biodegradable products[115] - The company has established a waste recycling program, significantly reducing paper usage and ensuring proper recycling of paper, aluminum cans, and plastic bottles[114] - The company actively engages in community investment and supports charitable organizations, reflecting its commitment to corporate social responsibility[150] Financial Commitments and Investments - Capital expenditure commitments amounted to approximately $4,332,000 as of December 31, 2022, an increase from about $1,569,000 in 2021[72] - The company completed the sale of Fortune Shoreline Limited for a total consideration of approximately $1,166,000 on May 18, 2022, allowing for the reallocation of financial resources to future investment opportunities[78] - The acquisition of Werkdone was completed with a maximum consideration of SGD 3,500,000 (approximately $2,628,000), with 50% paid in cash and 50% in shares, contingent on profit guarantees[73] Compliance and Risk Management - The company adopts a zero-tolerance policy towards bribery, extortion, fraud, and money laundering, ensuring compliance with relevant laws and internal policies[149] - The company has implemented a whistleblowing policy to encourage reporting of any suspected violations or misconduct[149] - The company has not been aware of any non-compliance with anti-corruption laws and regulations during the fiscal years ending December 31, 2022, and December 31, 2021[149]

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」)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，並明確表示概不對因本 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之任何損失承擔任何責任。 NEXION TECHNOLOGIES LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8420） 截至二零二二年十二月三十一日止年度之年度業績公告 Nexion Technologies Limited（「本公司」）董事會欣然宣佈本公司及其附屬公司截至 二零二二年十二月三十一日止年度之經審核綜合財務業績。本公告載有本公司二 零二二年年報（「年報」）全文，符合聯交所GEM證券上市規則（「GEM上市規則」） 有關年度業績初步公告隨附資料之相關規定。本公司年報的印刷版本將於適當時 候寄發予本公司股東，並刊登於聯交所網站www.hkexnews.hk及本公司網站http:// nexion.com.hk供閱覽。 承董事會命 Nexion Technologies Limited 主席兼執行董事 Ong Gim Hai 香港，二零二三年三月二十四日 於本公告日期，董事會成員包括一名執行 ...

NEXION TECHNOLOGIES LIMITED 2022 第三季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM 之特色 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。 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的證券承受較 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。 本報告乃遵照聯交所 GEM 證 券 上 市 規 則（「GEM 上 市 規 則」）之 規 定 提 供 有 關 Nexion Technologies Limited（「本公司」）及其附屬公司（統稱「本集團」）之資料。本公司各董事（「董 事」）願對本報告所載資料共同及個別承擔全部責任。董事在作出一切合理查詢後，確認就彼等 所深知及確信，本報告所載資料在各重要方面均屬準確及完備，沒有誤導或欺詐成分，且並無 遺漏任何其他事項致使本報告或其所載任何陳述產生誤導。 業績 本公司董事會（「董事會」）特此宣佈本集團截至二零二二年九月三十日止九個 ...

NEXION TECHNOLOGIES LIMITED 2022 中期報告 香港聯合交易所有限公司（「聯交所」）GEM 之特色 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。 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的證券承受較 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。 本報告乃遵照聯交所 GEM 證 券 上 市 規 則（「GEM 上 市 規 則」）之 規 定 提 供 有 關 Nexion Technologies Limited（「本公司」）及其附屬公司（統稱「本集團」）之資料。本公司各董事（「董 事」）願對本報告所載資料共同及個別承擔全部責任。各董事在作出一切合理查詢後，確認就彼 等所深知及確信，本報告所載資料 ...