Financial Performance - The Group's interim financial results for the six months ended June 30, 2024, were announced, adhering to the GEM Listing Rules[1]. - The report includes a consolidated statement of profit or loss, indicating the financial performance of the Group[7]. - The Group's financial highlights will be detailed in the interim report, showcasing key performance metrics[7]. - For the six months ended June 30, 2024, the Group recorded a revenue of approximately RMB20.3 million, representing an increase of approximately RMB6.8 million or 49.6% compared to the same period in 2023[19]. - The gross profit for the period was RMB3.3 million, a significant recovery from a gross loss of RMB1.6 million in the previous year[14]. - The profit for the period was RMB252, contrasting with a loss of RMB9.4 million in the same period last year[14]. - Revenue from creative design, public relations, and marketing campaigns accounted for 59.8% of total revenue, amounting to RMB12.1 million[14]. - Revenue for the six months ended June 30, 2024, was RMB 20,258,000, representing a 49.5% increase from RMB 13,545,000 in the same period of 2023[88]. - Gross profit for the same period was RMB 3,271,000, compared to a gross loss of RMB 1,556,000 in 2023, indicating a significant turnaround[88]. - The company reported a consolidated profit before taxation of RMB 252,000 for the six months ended June 30, 2024, compared to a loss of RMB 11,288,000 in the same period of 2023[134]. Corporate Governance - The Company confirms that the information provided in the report is accurate and complete in all material respects, with no misleading or deceptive elements[5]. - The Company has established various board committees to ensure effective corporate governance and oversight[8]. - The Company has complied with all code provisions of the Corporate Governance Code during the reporting period[67]. - The Group actively reviews and manages its capital structure to balance higher shareholder returns with a sound capital position[157]. Strategic Direction - The Group's management discussion and analysis section provides insights into operational performance and strategic direction[7]. - The Group plans to actively develop a cross-border live-streaming shopping business to leverage trade growth between Belt and Road Initiative countries and China[22]. - The Group aims to transform traditional offline media customers into full-case marketing customers, enhancing its service offerings[21]. - The Group's strategic focus includes investing in online advertising and full-case marketing to meet evolving client needs and drive sustainable growth[21]. Market Position and Risks - The Group is positioned in the GEM market, which is designed for small and mid-sized companies, indicating a higher investment risk[3]. - The Company emphasizes the importance of careful consideration for prospective investors due to the potential risks associated with investing in GEM-listed companies[6]. - The advertising market is expected to remain competitive, necessitating the exploration of new marketing growth points beyond traditional media[18]. - The Group faces business risks including potential loss of advertising resources, competition in online advertising, credit risk from delayed payments, and reduced advertising budgets due to economic slowdowns[64]. Share Capital and Financing - The placing of 36,000,000 new shares was completed on March 15, 2024, at a placing price of HK$0.488 per share[41]. - As of June 30, 2024, the net proceeds from the placing amounted to approximately HK$17.4 million, utilized primarily for general working capital[49]. - The company announced a proposed rights issue on May 29, 2024, offering one rights share for every existing share held at a subscription price of HK$0.25[51]. - On August 14, 2024, the company allotted and issued 216,000,000 new shares from the rights issue, generating net proceeds of approximately HK$53.0 million[51]. - The company completed a placing of 36,000,000 new shares at a price of HK$0.488 per share, raising approximately HK$17.4 million in net proceeds[154]. Employee and Management Information - The number of employees decreased to 36 as of June 30, 2024, from 43 at the end of 2023, with remuneration policies reviewed periodically[58]. - Key management personnel compensation decreased to RMB 739,000 for the six months ended June 30, 2024, down 53.6% from RMB 1,591,000 in the same period of 2023[159]. - The remuneration of key executives is reviewed based on the Group's performance and individual contributions[60]. Financial Position and Liquidity - As of June 30, 2024, the Group's net current assets amounted to approximately RMB1.7 million, improving from net current liabilities of approximately RMB14.3 million as of December 31, 2023[38]. - The liquidity ratio was 1.0 times as of June 30, 2024, compared to 0.6 times as of December 31, 2023[38]. - Cash and cash equivalents increased to approximately RMB16.8 million, up from approximately RMB13.7 million as of December 31, 2023, primarily due to proceeds of approximately RMB15.8 million from the placing of 36,000,000 shares[38]. - The company reported a net current assets position of RMB 1,664,000, a significant improvement from net current liabilities of RMB 14,303,000 at the end of 2023[90]. - Total current assets increased to RMB 41,673,000 as of June 30, 2024, up from RMB 26,280,000 at the end of 2023, reflecting improved liquidity[90]. Legal and Compliance Matters - The Audit Committee confirmed that the financial results were prepared in compliance with applicable accounting standards and GEM Listing Rules, ensuring transparency and accuracy[86]. - The company is preparing its interim financial report in accordance with HKAS 34, ensuring compliance with the relevant accounting standards[97]. - The Group has not applied any new standards or interpretations that are not yet effective for the current accounting period, ensuring consistency in financial reporting[103]. Related Party Transactions - Service revenue from related parties for the six months ended June 30, 2024, was RMB 1,676,000, a decrease of 27.8% from RMB 2,322,000 in the same period of 2023[161]. - Resource procurement from related parties was RMB 1,161,000 for the six months ended June 30, 2024, slightly down from RMB 1,209,000 in the same period of 2023[161]. - Trade receivables from related parties were RMB 1,163,000, an increase from RMB 214,000 as of December 31, 2023[161].

Financial Performance - Icon Culture Global Company Limited reported a revenue of HKD 150 million for the fiscal year 2023, representing a 20% increase compared to the previous year[9]. - The company achieved a net profit of HKD 30 million, which is a 15% increase year-over-year[9]. - The Group recorded revenue of approximately RMB 25.4 million for 2023, representing a year-on-year decrease of 63% compared to 2022[30]. - The net loss for the year was approximately RMB 84.6 million, an increase of 116% from the net loss of RMB 39.2 million in 2022[30]. - The Group's revenue for the year amounted to RMB 25.4 million, representing a decrease of 63.1% compared to RMB 69.0 million in 2022[44]. - Revenue from traditional offline media advertising services decreased by 72.2% to approximately RMB 16.9 million, primarily due to brand customers cutting their marketing budgets amid macroeconomic slowdown and COVID-19 impacts[48]. - Revenue from PR, marketing campaigns, and other services decreased by RMB0.9 million from RMB3.8 million in 2022 to RMB2.9 million in 2023[53]. - The Group's gross profit improved to RMB 4.2 million in 2023 from a loss of RMB 4.5 million in 2022, although specific gross profit margin details were not provided[30]. - Gross profit for the year was approximately RMB 4.2 million, compared to a gross loss of RMB 4.5 million in 2022, resulting in a gross profit margin of approximately 16.4%[59]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by mid-2024[9]. - The Group's strategic restructuring focuses on enhancing marketing capabilities and shifting from traditional display advertisements to result-oriented advertisements[34]. - The Group aims to facilitate a complete closed-loop promotion for clients, enhancing brand awareness and marketing effectiveness[29]. - The Group aims to consolidate traditional OOH media and expand into social short videos and new media operations, targeting steady revenue growth[39]. - The Group plans to explore Web3, virtual digital assets, and metaverse applications, seeking new industrialized business opportunities[40]. Research and Development - Icon Culture is investing HKD 5 million in research and development for new technologies aimed at enhancing user experience[9]. Governance and Compliance - The company has strengthened its governance framework, with new appointments to the board and committees to enhance oversight[9]. - The Group's strategic focus includes enhancing compliance and corporate governance, as overseen by independent non-executive director Ms. Tam, appointed in December 2019[125]. - The Group has complied with all relevant laws and regulations, with no material breaches reported during the Year[171]. Leadership and Management - Mr. Chow has over 17 years of experience in the media industry and has been with the Group since June 2009, focusing on overall strategic planning and business direction[106]. - Ms. Liang has over 24 years of experience in business management and has been with the Group since June 2017, responsible for overall strategy implementation and business development[109]. - Mr. Liu has 23 years of experience in sales and business management in the media industry and joined the Group in July 2009, focusing on business development and sales management[117]. - The Group's leadership team has a combined experience of over 64 years in various sectors, including media, business management, and investment, which supports its strategic objectives[106][109][117][123]. Sustainability Initiatives - Management has emphasized a focus on sustainability initiatives, aiming for a 30% reduction in operational carbon footprint by 2025[9]. - The Group is committed to sustainable operations while balancing stakeholder interests, ensuring long-term business relationships[163]. Employee and Operational Insights - As of December 31, 2023, the Group had 43 employees, down from 59 in 2022, with a focus on online advertising expertise[191]. - The total remuneration cost for the Year was RMB10.0 million, a decrease from RMB15.5 million in 2022[197]. Financial Position and Investments - As of December 31, 2023, the Group's net current liabilities amounted to approximately RMB14.3 million, down from net current assets of RMB57.7 million in 2022[74]. - The Group's outstanding bank loan was RMB5.0 million as of December 31, 2023, down from RMB20.0 million in 2022, resulting in a gearing ratio of negative 35.0%[79]. - The Group did not have any significant investments, material acquisitions, or disposals during the year[91]. - The Group currently has no plans for material investments and capital assets[92]. Shareholder Information - The Board resolved not to recommend the payment of a final dividend for the year[99]. - The Company has resolved not to recommend the payment of a final dividend for the Year, consistent with the previous year[182].

Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately RMB 25.4 million, a decrease of about RMB 43.6 million or 63.1% compared to RMB 69.0 million for the year ended December 31, 2022[5]. - The loss for the year ended December 31, 2023, was approximately RMB 84.6 million, an increase of RMB 45.5 million compared to a loss of approximately RMB 39.2 million for the year ended December 31, 2022[6]. - Basic loss per share for the year ended December 31, 2023, was approximately RMB 0.47, compared to RMB 0.22 for the year ended December 31, 2022[6]. - The company recorded a net loss attributable to shareholders of RMB 84.6 million for the year, compared to RMB 39.2 million in the previous year[8]. - The group recorded a loss of RMB 84,647,000 for the year ended December 31, 2023, including an expected credit loss of RMB 62,955,000 on trade and other receivables[15]. - The company reported a pre-tax loss of RMB 77,785 thousand for 2023, compared to a loss of RMB 46,551 thousand in 2022, representing an increase in losses of approximately 67.1%[44][49]. Revenue Breakdown - For the year ending December 31, 2023, total revenue from customer contracts was RMB 25,424,000, a significant decrease from RMB 68,969,000 in 2022[30]. - Revenue from traditional offline media advertising services decreased to RMB 16,915,000 in 2023 from RMB 60,850,000 in 2022[30]. - Online media advertising services revenue increased to RMB 5,501,000 in 2023 from RMB 3,870,000 in 2022[30]. - The total operating revenue before agency fees for 2023 was RMB 35,504,000, down from RMB 91,623,000 in 2022[31]. - The company reported a total of RMB 11,976,000 from customers contributing over 10% of total revenue in 2023, compared to RMB 41,171,000 in 2022[34]. Assets and Liabilities - Total current assets decreased from RMB 122.7 million in 2022 to RMB 26.3 million in 2023[10]. - Trade receivables significantly dropped from RMB 105.0 million in 2022 to RMB 11.2 million in 2023[10]. - Current liabilities decreased from RMB 64.9 million in 2022 to RMB 40.6 million in 2023[10]. - The total equity attributable to the company's shareholders decreased from RMB 70.4 million in 2022 to a negative RMB 14.3 million in 2023[12]. - As of December 31, 2023, the group's net current liabilities were approximately RMB 14.3 million, down from a net current asset value of RMB 57.7 million in 2022, resulting in a liquidity ratio of 0.7 times[84]. Impairment and Expenses - The company incurred a significant impairment loss of RMB 62,955 thousand on trade and other receivables for 2023, compared to RMB 26,721 thousand in 2022, reflecting an increase of approximately 135.5%[44][52]. - Sales costs decreased to approximately RMB 21.3 million in 2023 from RMB 73.5 million in 2022, attributed to reduced media costs and improved cost control[72]. - Total employee costs decreased to RMB 10,021 thousand in 2023 from RMB 15,473 thousand in 2022, a reduction of about 35.0%[49]. - Administrative expenses decreased to approximately RMB 8.6 million in 2023 from RMB 10.9 million in 2022, primarily due to reduced auditor fees and consultancy costs[77]. Dividends and Financial Support - The board of directors did not recommend the payment of a final dividend for the year ended December 31, 2023[6]. - The company did not recommend any dividend payments for the year ended December 31, 2023, consistent with 2022[56]. - A major shareholder has committed to provide financial support of up to RMB 15,000,000 if necessary to ensure the group's continued operation for at least 15 months from the date of the financial statements[15]. Future Outlook and Strategic Plans - The company plans to consolidate its traditional media business while exploring new opportunities in social short videos and AIGC innovative technology resources[69]. - The company aims to expand into Web3, virtual digital assets, and metaverse technology applications to derive new business opportunities[75]. - The board believes that the group will have sufficient working capital to meet its financial obligations for at least the next 12 months from December 31, 2023[16]. Compliance and Governance - The financial statements are prepared using the historical cost basis and comply with Hong Kong Financial Reporting Standards[17]. - The independent auditor has confirmed that the figures in the preliminary announcement align with the audited consolidated financial statements for the year ending December 31, 2023[106]. - The audit committee has been established in accordance with GEM Listing Rules and consists of three independent non-executive directors[103].

智通财经APP讯，天泓文创(08500)发布公告，公司董事会获公司主席、执行董事兼控股股东周子涛知会，于2023年12月22日，由周子涛全资拥有的Shining Icon (BVI) Limited(Shining Icon)及Sense One Limited(Sense One)(统称“卖方”)与资本界金控集团有限公司(资本界金控)订立买卖协议，卖方同意出售而资本界金控(或其代名人)同意收购合共4275万股公司股份，相当于本公告日期公司已发行股本总数约23.75%，代价为每股0.68港元。 紧接出售事项前，周子涛透过彼全资拥有的Sense One及Shining Icon拥有8775万股股份，相当于公司已发行股本约48.75%。紧随出售事项完成后，假设于本公告日期至出售事项完成期间已发行股份总数并无变动，周子涛将会透过彼全资拥有的Shining Icon拥有4500万股股份，相当于公司已发行股本约25%，并将不再为公司控股股东。 ...

Financial Performance - Revenue for the nine months ended September 30, 2023, was RMB 19,165,000, a decrease of 68.0% compared to RMB 59,959,000 in the same period of 2022[14]. - Loss for the period decreased by 47.3% to RMB 13,320,000 from RMB 25,275,000 in the prior year[14]. - Revenue for the three months ended September 30, 2023, was RMB 5,620,000, a decrease of 42.5% compared to RMB 9,674,000 in the same period of 2022[84]. - Total revenue for the nine months ended September 30, 2023, was RMB 19,165,000, down from RMB 59,959,000 in the same period of 2022, reflecting a decline of 68.1%[107]. - Loss before taxation for the nine months ended September 30, 2023, was RMB 16,492,000, down from RMB 36,125,000 in the same period of 2022, showing a reduction in pre-tax losses[84]. - Basic loss per share for the nine months ended September 30, 2023, was RMB 0.07, compared to RMB 0.14 in the same period of 2022, indicating a decrease in loss per share[84]. - Loss attributable to the owners of the Company for the three months ended September 30, 2023, was RMB 3,966,000, compared to a loss of RMB 943,000 in the same period of 2022[119]. - Basic loss per share for the three months ended September 30, 2023, was RMB (0.02), compared to RMB (0.01) for the same period in 2022[119]. Revenue Breakdown - Online media advertising services contributed RMB 4,189,000, accounting for 21.9% of total revenue[16]. - Traditional offline media advertising services generated RMB 13,623,000, representing 71.0% of total revenue[16]. - Revenue from traditional offline media advertising services decreased by 74.6% to approximately RMB 13.6 million compared to the same period in 2022[32][35]. - Revenue from traditional offline media advertising services was RMB 2,374,000 for the three months ended September 30, 2023, down 66.8% from RMB 7,157,000 in the same period last year[107]. - Online media advertising services revenue increased to RMB 2,318,000 for the three months ended September 30, 2023, compared to RMB 1,626,000 in 2022, representing a growth of 42.5%[107]. Cost Management - Gross loss for the period was RMB 1,488,000, improving by 67.6% from a gross loss of RMB 4,596,000 in the previous year[14]. - The Group experienced a gross loss of approximately RMB 1.5 million, with a gross loss margin of approximately 7.8% for the period, compared to a gross loss of approximately RMB 4.6 million and a margin of 7.7% in the previous year[33][36]. - Selling expenses for the period decreased to approximately RMB 1.3 million, down 35% from RMB 2.0 million for the nine months ended 30 September 2022[40][42]. - Administrative expenses for the period amounted to approximately RMB 13.5 million, a significant decrease of 54% from RMB 29.6 million for the nine months ended 30 September 2022, primarily due to reduced credit loss allowance for trade receivables[41][43]. - Administrative expenses for the nine months ended September 30, 2023, were RMB 13,518,000, down from RMB 29,589,000 in the same period of 2022, reflecting cost control efforts[84]. Strategic Initiatives - The Group plans to enhance its competitiveness in new media marketing services, including Xiaohongshu "seeding" and Douyin content marketing, to expand its service offerings[29][30]. - Future strategies include exploring potential business opportunities with existing customers and improving key client management to foster long-term cooperation[25][27]. - The Group aims to adapt to market changes by developing new businesses in government-encouraged industries, such as industrial park operation and cultural services[30]. - The Group is considering expanding its advertising business into Web3, virtual digital assets, and metaverse technology applications to explore new business opportunities[30]. - The management is prepared to adjust team structures and business strategies to respond flexibly to changing market conditions and customer demands[25][27]. - The Group's focus on product innovation through creative marketing aims to convert product awareness into sales and expand from offline to online media[25][27]. Corporate Governance - The Company complied with all code provisions of the Corporate Governance Code during the period[52][55]. - There were no competing interests among Directors or substantial shareholders during the period[58][62]. - The Audit Committee consists of three independent non-executive directors and has reviewed the unaudited results for the period[81]. - The company has established an Audit Committee to oversee financial reporting and risk management[80]. - The results for the third quarter have been prepared in compliance with applicable accounting standards and legal requirements[81]. Shareholder Information - As of September 30, 2023, the total number of shares issued by the company is 180,000,000[72]. - Mr. Chow holds 87,750,000 shares, representing 48.75% of the total shareholding[68]. - Ms. Cai holds 33,750,000 shares, which accounts for 18.75% of the total shareholding[68]. - Shining Icon holds 69,660,000 shares, representing 38.70% of the total shareholding[75]. - Sense One holds 18,090,000 shares, accounting for 10.05% of the total shareholding[75]. - Master Connection holds 13,500,000 shares, which is 7.50% of the total shareholding[75]. - As of September 30, 2023, no other entities or persons, apart from the directors, have interests in the shares that require disclosure[77]. Taxation and Dividends - The Group recorded an income tax benefit of approximately RMB 3.2 million for the period, compared to RMB 10.9 million for the nine months ended September 30, 2022[45][48]. - The Board resolved not to declare any dividend for the period, consistent with the previous year[47][50]. - The Group's subsidiaries operating in the PRC are subject to a corporate income tax rate of 25%[112]. Other Financial Metrics - Other revenue amounted to approximately RMB 0.5 million, primarily consisting of government incentives of approximately RMB 0.4 million[38][39]. - The Group recognized a credit loss allowance for trade receivables of approximately RMB 6.4 million for the period, down from RMB 21.4 million for the nine months ended September 30, 2022[41][43]. - The company reported finance costs of RMB 202,000 for the three months ended September 30, 2023, compared to RMB 153,000 in the same period of 2022, indicating an increase in finance costs[84]. - The balance at September 30, 2023, showed retained earnings (accumulated loss) of RMB (30,796,000), compared to RMB (2,991,000) at the same date in 2022, highlighting a worsening financial position[87].

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，概不就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。 Icon Culture Global Company Limited 天 泓 文 創 國 際 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8500） 截 至2023年9月30日 止 九 個 月 第 三 季 業 績 公 告 天泓文創國際集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」） 董 事（「董 事」）會（「董 事 會」）公 告 本 集 團 截 至2023年9月30日 止 九 個 月 之 未 經 審 核 簡 明 綜 合 財 務 業 績。本 公 告 列 載 本 公 司2023第 三 季 報 告 全 文，並 遵照聯交所GEM證券上市規則（分別為「GEM」及「GEM上市規則」）有關第 三 季 初 步 業 績 公 告 須 包 括 的 資 料 的 相 關 規 定。本 公 司2023年 第 三 季 報 告 的印刷版將適時寄發予本公司股東，並將按GEM上市規則所規 ...

Financial Performance - For the six months ended June 30, 2023, the company's revenue was RMB 13,545,000, a decrease of 73.1% compared to RMB 50,285,000 in the same period of 2022[14]. - The gross loss for the period was RMB 1,556,000, representing a 62.4% improvement from a gross loss of RMB 4,138,000 in the previous year[14]. - The loss for the period was RMB 9,354,000, which is a 61.6% reduction from a loss of RMB 24,332,000 in the first half of 2022[14]. - Revenue for the six months ended June 30, 2023, was RMB 13,545,000, a decrease of 73% compared to RMB 50,285,000 in the same period of 2022[111]. - Loss from operations decreased to RMB 10,787,000, compared to RMB 32,011,000 for the same period in 2022, indicating a reduction of 66%[111]. - Loss attributable to equity shareholders of the Company was RMB 9,354,000, down from RMB 24,332,000 in the prior year, representing a 61% improvement[112]. - The consolidated loss before taxation for the six months ended June 30, 2023, was RMB 11,288,000, compared to a loss of RMB 32,424,000 in 2022, showing an improvement of approximately 65%[156]. Revenue Breakdown - Traditional offline media advertising services accounted for 83.1% of total revenue, amounting to RMB 11,249,000[15]. - Online media advertising services contributed RMB 1,871,000, representing 13.8% of total revenue[15]. - Revenue from traditional offline media advertising services decreased by 75.8% to approximately RMB 11.2 million compared to the first half of 2022[32][36]. - Online media advertising services generated revenue of RMB 1,871,000, a decline from RMB 2,308,000 in the same period last year[152]. - The Group's revenue from public relations, marketing campaigns, and other services was RMB 426,000, down from RMB 1,446,000 in the previous year[138]. Cost Management - Administrative expenses for the period decreased to approximately RMB 8.5 million, down 67.5% from approximately RMB 26.1 million for the six months ended 30 June 2022, primarily due to a reduction in credit loss allowance for trade receivables[41][45]. - Staff costs for the six months ended June 30, 2023, amounted to RMB 5,529,000, a decrease from RMB 9,073,000 in 2022, representing a reduction of about 39%[161]. - Media costs for the six months ended June 30, 2023, were RMB 12,059,000, significantly reduced from RMB 45,972,000 in 2022, indicating a decrease of about 74%[163]. - The company recognized a credit loss allowance of RMB 4,284,000 for trade receivables in the six months ended June 30, 2023, compared to RMB 20,115,000 in 2022, showing a decrease of approximately 79%[163]. Strategic Initiatives - The Group aims to adapt to market changes by exploring new service opportunities in government-encouraged industries such as industrial park operations and cultural services[30]. - The Group plans to enhance its competitiveness in new media marketing services, including Xiaohongshu "seeding" and Douyin content marketing, to expand its service offerings[29]. - The Group has become a strategic partner for several industrial park customers, completing theme designs for large-scale events and producing cultural and creative accessories for well-known IPs[24][27]. - The overall economic recovery in China is expected to create new business opportunities, which the Group intends to leverage for sustainable growth[26]. Market Conditions - The economic recovery in China is ongoing, but challenges remain, including reduced marketing budgets from fast-moving consumer goods advertisers due to decreased consumption[21]. - The Group faces risks including potential loss of advertising resources, competition in online advertising, delayed customer payments, and reduced advertising budgets due to economic slowdown[79]. Corporate Governance - The Company has complied with all corporate governance code provisions during the reporting period[80]. - The Audit Committee consists of three independent non-executive Directors, ensuring compliance with accounting standards and GEM Listing Rules[108]. - The company has established an Audit Committee to oversee financial reporting and internal controls[107]. Shareholder Information - The Group did not declare any interim dividend for the period, consistent with the six months ended 30 June 2022[58][65]. - As of June 30, 2023, the total number of shares issued by the company is 180,000,000[100]. - Mr. Chow holds 87,750,000 shares, representing 48.75% of the total shareholding[100]. - Ms. Cai holds 33,750,000 shares, representing 18.75% of the total shareholding[100]. - Shining Icon is the beneficial owner of 69,660,000 shares, accounting for 38.70% of the total shares[103]. Future Outlook - The company provided a forward guidance of 10% revenue growth for Q4 2023, projecting revenues of approximately $275 million[194]. - The company is exploring potential acquisitions to bolster its product offerings and market presence[194]. - A strategic partnership was announced, expected to generate an additional $15 million in revenue over the next year[194].

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，概不就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。 Icon Culture Global Company Limited 天 泓 文 創 國 際 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8500） 截 至2023年6月30日 止 六 個 月 中 期 業 績 公 告 天泓文創國際集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」） 董 事（「董 事」）會（「董 事 會」）欣 然 公 告 本 集 團 截 至2023年6月30日 止 六 個 月 之未經審核簡明綜合財務業績。本公告列載本公司2023年中期報告全文， 並遵照聯交所GEM證券上市規則（分別為「GEM」及「GEM上市規則」）有關 中 期 初 步 業 績 公 告 須 包 括 的 資 料 的 相 關 規 定。本 公 司2023年 中 期 報 告 的 印刷版將適時寄發予本公司股東，並將按照GEM上市規則所規定的方式 於聯交所網站www.hkexnews. ...

Financial Performance - For the three months ended March 31, 2023, the company recorded revenue of approximately RMB 10.1 million, representing a decrease of 64.6% compared to RMB 28.6 million in the same period of 2022[15]. - The company reported a net loss of approximately RMB 3.3 million for the period, compared to a net profit of approximately RMB 1.3 million in the corresponding period of 2022[21]. - The gross profit for the period was a loss of RMB 90, a significant decline from a gross profit of RMB 5.8 million in the same period last year[15]. - The Group recorded a revenue of approximately RMB10.1 million for the three months ended March 31, 2023, representing a decrease of approximately RMB18.5 million or 64.6% compared to the same period in 2022[23][25][29]. - The Group experienced a net loss of approximately RMB3.3 million for the Period, compared to a net profit of approximately RMB1.3 million for the same period in 2022[23][35][38]. - The gross loss was approximately RMB0.09 million, resulting in a gross loss margin of approximately 0.9%, compared to a gross profit margin of 20.2% in the same period of 2022[26][30]. - The operating loss for the period was RMB 4,181,000, compared to an operating profit of RMB 2,020,000 in Q1 2022, indicating a significant decline in operational performance[72]. - The loss before taxation for Q1 2023 was RMB 4,424,000, compared to a profit before taxation of RMB 1,875,000 in Q1 2022[72]. - The total comprehensive loss for the period was RMB 3,340,000, contrasting with a total comprehensive income of RMB 1,271,000 in the previous year[72]. - Basic and diluted loss per share for Q1 2023 was RMB 0.02, compared to earnings per share of RMB 0.01 in Q1 2022[72]. - As of March 31, 2023, the total equity of the Group decreased to RMB 69,101,000 from RMB 72,451,000 at the beginning of the year[73]. Revenue Breakdown - Online media advertising services contributed RMB 1.3 million, accounting for 13.2% of total revenue, while traditional offline media advertising services accounted for RMB 8.7 million, or 86.1% of total revenue[16]. - Revenue from traditional offline media advertising services was RMB 8,708,000, down 66.0% from RMB 25,622,000 year-over-year[87]. - Online media advertising services revenue increased to RMB 1,229,000, up 33.5% from RMB 921,000 in the previous year[87]. Cost and Expenses - Administrative expenses increased to approximately RMB3.9 million, up from RMB3.1 million in the same period last year, primarily due to increased credit loss provisions[27][31]. - Media costs for the first quarter were RMB 8,490,000, a reduction of 57.5% from RMB 19,976,000 in the previous year[89]. - The cost of sales for Q1 2023 was RMB 10,199,000, resulting in a gross loss of RMB 90,000, compared to a gross profit of RMB 5,779,000 in the same period last year[72]. Strategic Focus and Future Outlook - The decline in revenue and gross margin was attributed to challenges from the post-COVID-19 environment and a macroeconomic slowdown, leading brand customers to reduce their advertising budgets[21]. - The company continues to focus on integrated multimedia advertising and marketing solutions, including traditional offline media, online media, and public relations services[20]. - The company is actively seeking to adapt its strategies to the changing market conditions and customer behaviors post-pandemic[21]. - The management remains cautiously optimistic about future recovery as brand customers adjust their marketing strategies[21]. - The company is committed to maximizing brand awareness and promoting sales performance for its clients' products through integrated marketing services[20]. - The financial results indicate a need for strategic adjustments to navigate the current economic landscape effectively[21]. - The Group plans to formulate a clear business strategy, adjust team structure, and further cut costs to ensure sufficient cash flow for sustainable development in 2023[37][40]. - The Group aims to achieve product differentiation through innovation and improve efficiency while reducing costs to enhance marketing services for customers[37][40]. Shareholding and Securities - As of March 31, 2023, the total number of shares issued by the company is 180,000,000[60]. - Mr. Chow holds 87,750,000 shares, representing 48.75% of the total shareholding[57]. - Ms. Cai holds 33,750,000 shares, representing 18.75% of the total shareholding[57]. - Shining Icon holds 69,660,000 shares, representing 38.70% of the total shareholding[63]. - Sense One holds 18,090,000 shares, representing 10.05% of the total shareholding[63]. - Master Connection holds 13,500,000 shares, representing 7.50% of the total shareholding[63]. - As of March 31, 2023, there are no unexercised share options[54]. - The company has not engaged in any purchase, sale, or redemption of its listed securities during the period[52]. - The company has adopted a share option scheme effective from January 14, 2020, for a duration of ten years[53]. - There are no interests or short positions in shares or debentures by other entities or persons apart from the disclosed directors and chief executives[64]. Compliance and Reporting - The Audit Committee has reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[69]. - The financial report was authorized for issue on May 12, 2023, indicating timely reporting of financial performance[75]. - The Group's financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, ensuring adherence to regulatory requirements[75]. - The company did not declare any dividends for the period, consistent with the previous year[93]. - The company did not generate any assessable profits in Hong Kong during the period, resulting in no provision for Hong Kong profits tax[91]. - The subsidiaries operating in the PRC are subject to a corporate income tax rate of 25%[92].

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，概不就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。 Icon Culture Global Company Limited 天 泓 文 創 國 際 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8500） 截 至2023年3月31日 止 三 個 月 第 一 季 業 績 公 告 天泓文創國際集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」） 董 事（「董 事」）會（「董 事 會」）欣 然 公 告 本 集 團 截 至2023年3月31日 止 三 個 月 之未經審核簡明綜合財務業績。本公告列載本公司2023第一季報告全文， 並遵照聯交所GEM證券上市規則（分別為「GEM」及「GEM上市規則」）有關 第 一 季 初 步 業 績 公 告 須 包 括 的 資 料 的 相 關 規 定。本 公 司2023年 第 一 季 報 告的印刷版將適時寄發予本公司股東，並將按GEM上市規則所規定的方 式於聯交所網站www.hkexne ...