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。 SV Vision Limited 華 美 樂 樂 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8429） 截至二零二三年九月三十日止九個月的 未經審核第三季度業績公告 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。 華美樂樂有限公司（「本公司」，連同其附屬公司（「本集團」或「我們」））董事（「董事」）共同及 個別對本公告承擔全部責任，當中包括遵照聯交所GEM證券上市規則（「GEM上市規則」）規 定提供有關本公司之資料。董事在作出一切合 ...

Financial Performance - For the six months ended June 30, 2023, the company reported revenue of HKD 23,520,000, an increase of 11.6% compared to HKD 21,064,000 for the same period in 2022[10] - The company incurred a loss before tax of HKD 6,222,000 for the six months ended June 30, 2023, compared to a loss of HKD 3,152,000 for the same period in 2022, representing a 97.8% increase in losses[10] - The total comprehensive loss for the six months ended June 30, 2023, was HKD 6,361,000, up from HKD 3,235,000 in the same period of 2022, indicating a 96.5% increase in total losses[12] - The company reported a basic and diluted loss per share of HKD 1.31 for the six months ended June 30, 2023, compared to HKD 0.67 for the same period in 2022, indicating a 95.5% increase in loss per share[12] - The company reported a net loss of HKD 6,274,000 for the period, compared to a loss of HKD 3,221,000 in the previous year[18] - The group recorded a loss of approximately HKD 6.3 million for the six months ended June 30, 2023, compared to a loss of HKD 3.3 million in the previous year, representing a 92% increase in losses[72] Revenue Breakdown - Marketing production revenue increased to HKD 19,263,000 from HKD 15,269,000, a growth of 26.3% year-over-year[27] - Revenue from Hong Kong for the six months ended June 30, 2023, was HKD 19,870,000, up from HKD 14,205,000, reflecting a growth of 40.5%[29] - Content media business revenue decreased by approximately 26.4% to about HKD 4.3 million, attributed to slower recovery in mainland China[63] - Total revenue for the six months ended June 30, 2023, was approximately HKD 23.5 million, up from HKD 21.1 million in the previous year, marking an increase of about HKD 2.5 million (11.7%)[62] Expenses and Costs - Employee benefit expenses rose to HKD 9,152,000 for the six months ended June 30, 2023, compared to HKD 7,774,000 in 2022, reflecting an increase of 17.7%[10] - The company’s total operating expenses for the six months ended June 30, 2023, were HKD 26,000,000, an increase from HKD 22,000,000 in 2022, indicating an increase of 18.2%[10] - The cost of outsourced projects increased to HKD 8,701,000 for the six months ended June 30, 2023, compared to HKD 6,405,000 in 2022, representing a 36.0% increase[10] - Rental expenses increased by approximately HKD 0.3 million (30.7%) to about HKD 1.2 million, primarily due to the expansion of office space for the content media business in China[68] Assets and Liabilities - Total assets decreased from HKD 60,341,000 to HKD 53,540,000, a decline of approximately 11.3%[15] - Cash and cash equivalents decreased from HKD 18,571,000 to HKD 8,560,000, representing a reduction of about 53.9%[16] - Current liabilities decreased from HKD 16,372,000 to HKD 11,925,000, a reduction of approximately 27.0%[15] - Total equity attributable to owners decreased from HKD 64,759,000 to HKD 58,426,000, a drop of approximately 9.9%[18] - The net amount of trade receivables as of June 30, 2023, was HKD 10,505,000, down from HKD 18,142,000 as of December 31, 2022, reflecting a 42% decrease[45] Cash Flow - Net cash used in operating activities was HKD 165,000, compared to a cash generation of HKD 1,738,000 in the previous year, indicating a significant decline[16] - The company incurred cash outflows from investing activities amounting to HKD 6,476,000, compared to HKD 35,925,000 in the previous year[16] - The company’s cash flow from financing activities showed a net outflow of HKD 1,539,000, compared to HKD 3,462,000 in the previous year[16] Corporate Governance - The company emphasizes high standards of corporate governance, maintaining a strong and capable board[100] - The company has established an audit committee, nomination committee, and remuneration committee as per GEM listing rules[100] - The audit committee has been established in accordance with GEM listing rules and consists of three independent non-executive directors[103] - The audit committee's main responsibilities include reviewing and supervising the financial reporting system and internal control procedures[103] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[10] - The group plans to continue investing in Greater China to enhance experiential services while exploring diversification in other markets within the Asia-Pacific region[60] - The group aims to adapt to changing market demands by implementing changes made at the beginning of the year[60]

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，並明確表示概不對因本公告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。 SV Vision Limited 華 美 樂 樂 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8429） 截至二零二三年六月三十日止六個月的 中期業績公告 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。 華美樂樂有限公司（「本公司」，連同其附屬公司（「本集團」、「華美樂樂」或「我們」））董事 （「董事」）共同及個別對本公告承擔全部責任，當中包括遵照聯交所GEM證券上市規則 （「GEM上市規則」）規定提供有關本公司之資料。董事在作出一切 ...

Financial Performance - Revenue for the first quarter of 2023 was HKD 12,350,000, an increase of 18.98% compared to HKD 10,381,000 in the same period of 2022[11] - The company reported a loss before tax of HKD 2,635,000, compared to a loss of HKD 341,000 in the first quarter of 2022, indicating a significant increase in losses[11] - Total comprehensive loss for the period was HKD 2,649,000, compared to HKD 456,000 in the same period last year, reflecting a worsening financial position[13] - Basic and diluted loss per share was HKD 0.56, compared to HKD 0.12 in the first quarter of 2022, showing a decline in earnings performance[13] - The company reported a total comprehensive loss of HKD 2,649,000 for the quarter, compared to a loss of HKD 456,000 in the same period last year[21] - The company's loss for the period was approximately HKD 2.69 million, a 629% increase compared to HKD 0.56 million in the previous year[30] Revenue Breakdown - Marketing production revenue reached HKD 10,742,000, up 41.5% from HKD 7,591,000 year-over-year[21] - Content media business revenue decreased to HKD 1,608,000 from HKD 2,781,000, representing a decline of 42.2%[21] - E-commerce revenue was negligible at HKD 0, down from HKD 9,000 in the previous year[21] - For the three months ended March 31, 2023, the company's revenue increased by approximately HKD 2.0 million (19.0%) to about HKD 12.4 million, compared to HKD 10.4 million in the same period last year[37] - Marketing production services generated revenue of HKD 10.7 million, representing a 41.5% increase from HKD 7.6 million in the previous year, primarily due to an increase in the number of projects[40] - Revenue from content media business decreased by approximately 42.2% to about HKD 1.6 million, down from HKD 2.8 million in the previous year, mainly due to a reduction in completed transactions[42] Expenses and Costs - Employee benefit expenses increased to HKD 4,544,000 from HKD 3,803,000, representing a rise of 19.5% year-over-year[11] - Outsourcing project costs rose by approximately HKD 1.5 million (51.6%) to about HKD 4.4 million, compared to HKD 2.9 million in the previous year, consistent with the increase in marketing production services revenue[43] - Rental expenses increased by approximately HKD 90,000 (17.6%) to about HKD 0.6 million for the three months ended March 31, 2023, primarily due to the expansion of office space for content media business in China[48] - Transportation costs rose by approximately HKD 0.6 million (40.1%) to about HKD 1.9 million for the three months ended March 31, 2023, attributed to increased revenue from marketing production services[49] - Other operating expenses increased by approximately HKD 0.2 million (16.2%) to about HKD 1.6 million for the three months ended March 31, 2023, mainly due to the expansion of content media business[50] - Financial costs decreased by approximately HKD 31,000 (43.1%) to about HKD 41,000 for the three months ended March 31, 2023, due to repayment of lease liabilities[51] Equity and Assets - As of March 31, 2023, the total equity attributable to owners was HKD 57,011,000, a decrease from HKD 63,078,000 at the end of the previous year[21] - As of March 31, 2023, the group had net current assets of approximately HKD 16.0 million, down from HKD 18.9 million as of December 31, 2022[53] - The group's debt-to-equity ratio as of March 31, 2023, was 5.3%, slightly down from 5.5% as of December 31, 2022[53] Corporate Governance - The company emphasizes high standards of corporate governance, including a well-qualified board and sound internal controls[83] - The company is led by Ms. Hu Chen as both Chairperson and CEO, providing strong and consistent leadership since August 2002[84] - The Audit Committee, composed of three independent non-executive directors, oversees the financial reporting system and internal controls[87] - The unaudited consolidated financial statements have been reviewed and deemed compliant with applicable accounting standards and GEM listing rules[87] Market Strategy - The company is focusing on expanding its market presence and developing new products, although specific details were not disclosed in the report[10] - The company is actively seeking diversification in other markets in the Asia-Pacific region while continuing to invest in the Greater China region[34] - The company has accumulated over 230 million views on its content across social media channels and streaming platforms in China and Hong Kong[33] Taxation - The company did not incur any income tax expenses during the quarter, consistent with the previous year[23] - The company continues to operate under the Cayman Islands and British Virgin Islands regulations, which do not impose income tax[23] Shareholding and Stock Options - Explorer Vantage holds 283,920,000 shares, representing 59.15% of the company's equity[72] - Mirousky Limited owns 34,850,000 shares, accounting for 7.26% of the company's equity[72] - The company has not granted any stock options under the stock option plan since its adoption on November 16, 2017[75] Dividends and Investments - The company did not recommend any dividend payment for the three months ended March 31, 2023, consistent with the previous year[28] - The group did not engage in any major investments, acquisitions, or disposals of subsidiaries during the three months ended March 31, 2023[61] - There were no significant capital commitments or contingent liabilities as of March 31, 2023[58]

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，並明確表示概不對因本公告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。 SV Vision Limited 華 美 樂 樂 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8429） 截至二零二三年三月三十一日止三個月的 未經審核第一季度業績公告 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。 華美樂樂有限公司（「本公司」，連同其附屬公司（「本集團」、「華美樂樂」或「我們」））董事 （「董事」）共同及個別對本公告承擔全部責任，當中包括遵照聯交所GEM證券上市規則 （「GEM上市規則」）規定提供有關本公司之資料。 ...

Revenue and Financial Performance - Revenue from marketing production services decreased by approximately 22% in 2022 compared to the previous year[13] - Media business revenue increased 17.9 times to HK$22.1 million in 2022, up from HK$1.2 million in 2021, driven by the development of original branded content[14][18] - Total group revenue increased 16.1% to HK$59.6 million in 2022, compared to HK$51.4 million in 2021[17] - Marketing production revenue decreased 22.5% to HK$37.5 million in 2022, down from HK$48.4 million in 2021, due to a reduction in project volume[18] - E-commerce and retail revenue dropped significantly to HK$9,000 in 2022, with no revenue from the café operation, as these businesses were suspended[19] - Group loss decreased by approximately 83% in 2022 compared to the previous year[14] - The company recorded a loss of approximately HKD 2.9 million (2021: HKD 17.1 million), with the reduction mainly attributed to cost control measures and the suspension of e-commerce, retail, and café businesses[36] Costs and Expenses - Outsourcing project costs increased 9.8% to HK$21.0 million in 2022, up from HK$19.1 million in 2021, primarily due to the expansion of the media business[23][24] - Materials and consumables costs decreased 33.3% to HK$4.0 million in 2022, down from HK$6.0 million in 2021, due to the suspension of e-commerce, retail, and café operations[25][27] - Depreciation and amortization expenses decreased 30.2% to HK$4.2 million in 2022, compared to HK$6.0 million in 2021, mainly due to the suspension of certain businesses[28] - Employee benefit expenses decreased slightly by 0.6% to HK$16.2 million in 2022, down from HK$16.3 million in 2021, as reductions from suspended operations were offset by media business expansion[29][30] - Rental expenses increased 37.6% to HK$2.2 million in 2022, up from HK$1.6 million in 2021, due to new short-term leases for media business operations in China[31] - Transportation expenses decreased by 2.2% to approximately HKD 6.2 million (2021: HKD 6.3 million), consistent with the decline in revenue from marketing production services[32] - Other operating expenses decreased by 5.8% to approximately HKD 10.4 million (2021: HKD 11.0 million), mainly due to the absence of office relocation costs incurred in 2021[33] - Financial costs decreased by 43.3% to approximately HKD 0.2 million (2021: HKD 0.4 million), primarily due to the early termination of the lease for the Sham Shui Po store[34] Business Strategy and Market Expansion - The company is actively exploring experiential opportunities in 2023 due to expected easing of COVID-19 restrictions in China[11] - The company is seeking to diversify market risks by expanding into other Asia-Pacific markets and exploring small-scale businesses such as licensing and talent management[11] - The company acquired a property in the United States for $4,502,240 to support its brand-integrated content production media business[48] - The property will be used as employee housing, offices, and client/business partner networking venues in Los Angeles[48] - An indirectly owned subsidiary registered in the United States was dissolved during the year[49] - The company has no other plans for significant investments or capital assets[51] Corporate Governance and Board Structure - The company maintains high corporate governance standards, emphasizing a high-quality board, robust internal controls, transparency, and accountability to protect shareholder interests[67] - The company deviates from the corporate governance code by having the same individual serve as both Chairman and CEO, citing the individual's extensive experience and leadership effectiveness[67][68] - The board consists of three independent non-executive directors, ensuring a balanced mix of expertise and experience to manage the company's operations effectively[83][86] - The Board of Directors holds at least four meetings annually, approximately quarterly, to oversee the company's business and affairs, ensuring management aligns with shareholder and company interests[87] - The company has adopted a policy to obtain independent views and opinions, ensuring high standards of corporate governance and maintaining the independence of non-executive directors[88] - The Board, its committees, or individual directors can seek independent professional advice at the company's expense to fulfill their duties and exercise independent judgment[90] - The company's senior management regularly interacts with the Board during formal and informal meetings, providing all necessary information for decision-making[91] - The company has reviewed and confirmed the effective implementation of the Board's independence policy during the year[92] - Directors are appointed, re-elected, or removed based on fixed-term service contracts or appointment letters, with one-third of directors required to retire by rotation each year[93] - Directors are required to participate in continuous professional development to update their knowledge and skills, ensuring effective contributions to the Board[96] - The Board has established three committees: Audit, Remuneration, and Nomination, each with sufficient resources and approved terms of reference[98] - The Audit Committee, consisting of three independent non-executive directors, held six meetings during the year to review financial reporting, internal controls, and compliance with governance policies[99][101] - The Audit Committee is responsible for the initial establishment and maintenance of the internal control framework and the company's management code of conduct[100] - The Remuneration Committee, established on November 16, 2017, is responsible for reviewing and recommending compensation policies for directors and senior management[102] - The Audit Committee held one meeting during the year to review matters including the remuneration policies and structures for directors and senior management[103] - The Nomination Committee, also established on November 16, 2017, focuses on reviewing the Board's structure, size, composition, and diversity, and provides recommendations for director appointments[107] - The Board held 6 meetings, the Audit Committee held 6 meetings, the Remuneration Committee held 2 meetings, and the Nomination Committee held 1 meeting during the year[111] - The company's remuneration policy for directors is based on their experience, rank, and overall market conditions, reviewed and adjusted annually[106] - The company has set measurable goals for diversity in candidate recruitment and selection, including gender, age, cultural and educational background, and professional experience[114] - The Board is responsible for overseeing compliance with legal and regulatory requirements, as well as the training and professional development of directors and senior management[110] - The board of directors consists of 5 members, with 1 female director, aiming to maintain at least the current level of female representation and ultimately achieve gender equality[115] - The gender ratio of employees (including senior management) as of December 31, 2022, is 3:8, with the company committed to maintaining gender diversity[116] - The company has adopted a nomination policy to appoint high-quality directors capable of leading the company towards sustainable development, focusing on qualifications, experience, skills, and diversity[118] - The nomination committee identifies qualified candidates for the board and recommends appointments, with the board having final responsibility for all matters related to the selection and appointment of directors[119] - The board is responsible for preparing true and fair consolidated financial statements in accordance with Hong Kong Financial Reporting Standards and the Hong Kong Companies Ordinance[120] - The audit and non-audit fees paid to the company's auditor, ZhongShen ZhongHuan (Hong Kong) CPA Limited, for the year ended December 31, 2022, totaled HKD 620,000[122] - The company has established a risk management team to execute risk identification, assessment, and management procedures, with quarterly risk identification and analysis conducted[127] - The board confirms its overall responsibility for maintaining effective risk management and internal controls, with senior management responsible for designing and implementing internal control systems[124] - The company has outsourced its internal audit function to an independent external consulting firm to review the effectiveness of internal control measures, ensuring an annual review of the internal control system[125] - The audit committee has reviewed the effectiveness of the company's internal control and risk management systems, concluding that they were effective and adequate for the year ended December 31, 2022[127] Shareholder and Equity Information - As of December 31, 2022, the company had net current assets of approximately HKD 18.9 million (2021: HKD 58.1 million), including cash and bank balances of HKD 17.0 million (2021: HKD 56.2 million)[41] - The company's debt-to-equity ratio was 5.5% as of December 31, 2022 (2021: 11.0%)[41] - The company's equity attributable to owners was approximately HKD 64.8 million as of December 31, 2022 (2021: HKD 69.7 million)[41] - The company did not have any pledged assets as of December 31, 2022 (2021: none)[42] - The company did not enter into any derivative agreements or use financial instruments to hedge foreign exchange risks during the year[43] - The company had no significant capital commitments or contingent liabilities as of December 31, 2022 (2021: none)[44][45] - The company's issued share capital as of December 31, 2022, was HKD 4,800,000, with 480,000,000 ordinary shares issued at a par value of HKD 0.01 per share[154] - The company's distributable reserves as of December 31, 2022, were approximately HKD 52,377,000, compared to HKD 58,087,000 in 2021[156] - The largest customer contributed approximately 21.2% of total revenue in 2022, down from 27.4% in 2021, while the top five customers accounted for 69.3% of total revenue, up from 67.0% in 2021[161] - The largest supplier accounted for approximately 9.8% of total service costs in 2022, down from 20.0% in 2021, while the top five suppliers represented 34.3% of total service costs, down from 54.2% in 2021[161] - The company's share option plan allows for the issuance of up to 48,000,000 shares, equivalent to 10% of the issued share capital[166] - The share option plan has a remaining term of approximately 4 years and 8 months, with no options granted since its adoption in 2017[162] - The company did not purchase, sell, or redeem any of its listed securities during the year or up to the report date[159] - The company's property, plant, and equipment details are provided in Note 14 of the consolidated financial statements[153] - The company's five-year financial summary, including audited results and assets and liabilities, is available on page 142 of the annual report[152] - The company confirmed that the controlling shareholders complied with the non-compete deed during the year ended December 31, 2022[150] - Chairman and CEO Ms. Hu Chen holds 277,200,000 shares, representing 57.75% of the company's equity[174] - Ms. Hu Chen, through Explorer Vantage, owns 100% of Pipa Jin Printing Co., Ltd[174] - Mirousky Limited holds 34,850,000 shares, representing 7.26% of the company's equity, with Ms. Hu Chen and her spouse each owning 50% of Mirousky[174] - Explorer Vantage, wholly owned by Ms. Hu Chen, holds 277,200,000 shares, representing 57.75% of the company's equity[179] - Mr. Hu Jianbang, spouse of Ms. Hu Chen, holds 277,200,000 shares, representing 57.75% of the company's equity[179] - Mirousky Limited, wholly owned by Dejun Asia Limited, holds 34,850,000 shares, representing 7.26% of the company's equity[179] - Ms. Zhou Weiying holds 35,950,000 shares, representing 7.49% of the company's equity[179] - The company's indirect wholly-owned subsidiary, Ice Production, entered into a bank financing agreement with DBS Bank (Hong Kong) Limited for a maximum loan amount of HKD 10,000,000, with the company's controlling shareholder, Ms. Hu Chen, required to hold at least 51% beneficial interest in the company and Ice Production[186] - In 2020, the financing limit was adjusted to HKD 9,500,000 after a periodic review, with all other terms and conditions of the financing agreement remaining unchanged[189] - The financing agreement was canceled in July 2022[190] - The company's quarterly rent with 4L 108 Leonard LLC, a related party, amounted to HKD 1,127,366 for the year ended December 31, 2022[194] - The company's retail space rent with Jianwei Engineering Limited, another related party, amounted to HKD 58,000 for the year ended December 31, 2022[194] Environmental and Social Responsibility - The company has implemented green office measures to reduce energy and natural resource consumption, including the use of eco-friendly paper and energy-saving practices[198] - The company's environmental policies and regulatory compliance are detailed in the Environmental, Social, and Governance (ESG) report on pages 46 to 63 of the annual report[143] - The company focuses on creating a positive and progressive corporate culture to drive long-term sustainable growth and fulfill its responsibilities as a corporate citizen[69] - The company emphasizes trust, responsibility, expertise, development, and teamwork as core values to deliver high-quality services and foster collaboration[70][73][74][75][76] - The company integrates its culture into recruitment processes and provides training to new employees to align with its corporate values and strategies[78][79] - The company adopts a decentralized decision-making structure to enhance operational efficiency and cultural development within the organization[80] Key Performance Indicators and Risk Management - The company's key performance indicators (KPIs) for the year are analyzed in the "Management Discussion and Analysis — Financial Review" section on pages 6 to 9 of the annual report[144] - The company's major risks and uncertainties are detailed in the "Management Discussion and Analysis" section on page 10 of the annual report[145] - The company has established a risk management team to execute risk identification, assessment, and management procedures, with quarterly risk identification and analysis conducted[127] - The board confirms its overall responsibility for maintaining effective risk management and internal controls, with senior management responsible for designing and implementing internal control systems[124] - The company has outsourced its internal audit function to an independent external consulting firm to review the effectiveness of internal control measures, ensuring an annual review of the internal control system[125] - The audit committee has reviewed the effectiveness of the company's internal control and risk management systems, concluding that they were effective and adequate for the year ended December 31, 2022[127] Dividend Policy and Shareholder Communication - The company did not recommend any dividend payment for the year[148] - The company adopted a dividend policy, allowing for the declaration and distribution of dividends to shareholders, subject to post-tax profits and normal operations[146] - The company's shareholder communication policy ensures that shareholders have convenient, equal, and timely access to balanced and understandable information[133] - The company's procedures for handling and disclosing inside information include immediate disclosure upon becoming aware of inside information, compliance with applicable laws and regulations, and implementation of monitoring procedures[129] Employee and Management Information - The company employed a total of 42 full-time employees as of December 31, 2022, compared to 40 in 2021[47] - Yeung holds independent non-executive director positions at multiple listed companies including Kin Shing International Group Limited (0224) since June 23, 1999, and Pak Fah Yeow International Limited (0239) since September 8, 2004[58] - Kong Qinglun, an independent non-executive director since April 3, 2017, has over 23 years of experience in finance and investment, including founding Oriental Patron Securities Limited and serving as a director at Kennen Investment Holdings Limited[58] - Man Ka Ho, an independent non-executive director since November 16, 2017, holds a Bachelor of Science in Business Studies from City University of London and has over 17 years of legal experience[59] - Chan Sze Wan, Vice President since January 2018, oversees the company's financial and operational work, with over 21 years of experience in accounting and audit[60] - Chang David Qi, Strategic Investment Director since August 2019, leads the company's e-commerce business and has 11 years of experience in consumer tech business expansion in Asia[60] - Zhang Xuefen, with over 21 years of service, assists the CEO in overseeing business activities and has been instrumental in the company's transformation from a traditional printing management company to a marketing production company[61] - Chen Huaiyi, responsible for printing, packaging, and procurement since May 2005, has over 15 years of experience in the company and nearly eight years in the printing industry prior to joining[61] - Wang Jinyi, Director of the company's China subsidiary since 2021, has extensive experience in corporate and brand management, including co-founding Momentum Sports, which was acquired by Creative Artists Agency in 2018[63] - Lam Chi Fung, responsible for talent and infrastructure management since June 2007, holds a Bachelor of Science in Information Systems from Anglia Ruskin University and a Master of Science in Information Systems Management from HKUST[63] - Hu Chen has been appointed as the company's Compliance Officer, with details provided in the "Directors and Senior Management" section of the report[64] - The company's senior management salary distribution for the fiscal year ending December 31, 2022, shows 5 individuals earning between HKD 1 and HKD 1,000,000, and 1 individual earning between HKD 1,500,001 and HKD 2,000,000[104]