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天泓文创(08500) - 2023 - 中期财报
2023-08-11 10:58
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].
天泓文创(08500) - 2023 - 中期业绩
2023-08-11 10:51
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. ...
天泓文创(08500) - 2023 Q1 - 季度财报
2023-05-12 09:14
2023 FIRST QUARTERLY REPORT 第一季度業績報告 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE" AND "GEM", RESPECTIVELY) GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration ...
天泓文创(08500) - 2023 Q1 - 季度业绩
2023-05-12 09:10
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 ...
天泓文创(08500) - 2022 - 年度财报
2023-03-29 12:56
Financial Performance - In 2022, the company's revenue decreased by 60.7% to RMB 68,969,000 from RMB 175,360,000 in 2021[18] - The gross loss for 2022 was RMB (4,499,000), compared to a gross profit of RMB 30,568,000 in 2021, indicating a significant decline[18] - The loss attributable to equity shareholders for the year was RMB (39,760,000), a drastic change from a profit of RMB 4,871,000 in 2021[18] - The Group reported a net loss of approximately RMB 39.8 million for the year, compared to a net profit of approximately RMB 4.9 million in 2021[30] - The decline in service revenue was primarily due to significant reductions in advertising budgets from major customers in traditional offline media, impacted by COVID-19[30] - The Group's revenue for the year amounted to RMB 69.0 million, representing a decrease of 60.7% compared to RMB 175.4 million in 2021[50] - Revenue from traditional offline media advertising services decreased by 55.5% to approximately RMB 60.9 million, primarily due to brand customers cutting their marketing budgets amid the COVID-19 pandemic[53] - Online media advertising services revenue fell by 86.1% to RMB 4.3 million, largely due to a major customer reducing its online advertising strategy[57] - Revenue from PR, marketing campaigns, and other services decreased from RMB 7.3 million in 2021 to RMB 3.8 million in 2022, a decline of RMB 3.5 million[59] - The Group recorded a gross loss of approximately RMB 4.5 million for the year, compared to a gross profit of RMB 30.6 million in 2021, resulting in a gross loss margin of approximately 6.5%[64] Advertising Services - Revenue from traditional offline media advertising services accounted for 88.2% of total revenue in 2022, amounting to RMB 60,850,000[19] - Online media advertising services generated RMB 4,317,000, representing 6.3% of total revenue in 2022[19] - Public relations and marketing campaigns contributed RMB 3,802,000, or 5.5% of total revenue in 2022[19] - The overall advertising market in China was expected to decline by 9.2% in 2022, with 74% of advertisers perceiving a downward trend in marketing investment[25] - The Group has shifted its focus towards performance-based advertising, with 53% of advertisers prioritizing this approach[25] - The Group aims to merge online media services with offline media services to enhance business expansion and brand awareness[45] - Community media, particularly elevator media, is expected to continue as a main growth force in outdoor advertising, with new strategic partnerships being formed[45] Strategic Initiatives - The company is focused on improving its financial performance and exploring new strategies for market expansion[23] - There are ongoing efforts in research and development of new products and technologies to enhance service offerings[23] - The Group is exploring new profit models, including self-operated accounts for promoting pre-made dishes and seeding accounts on Xiaohongshu, with expectations for these to become new revenue sources in the near future[38] - Marketing expenditures of brand companies are projected to recover in 2023, with an expected growth rate of 16% for total marketing investment by brand customers[41] - The reopening of the border between Hong Kong and Mainland China on February 6, 2023, is expected to significantly increase traffic at Shenzhen Futian Transportation Hub, enhancing advertising business opportunities[45] - Live-streaming E-commerce will focus on "content is king," with increased investment in short video production to drive traffic and sales conversion[45] Management and Governance - The management is committed to ensuring the accuracy and completeness of financial reporting in compliance with GEM Listing Rules[5] - The company has appointed independent non-executive directors to enhance compliance and corporate governance oversight[150] - The management team has a strong educational background, with degrees from reputable institutions such as the University of New South Wales and Northumbria University[154] - The company is committed to maintaining high standards of corporate governance and compliance through its independent directors[155] - The diverse experience of the management team supports the company's strategic initiatives and market expansion efforts[169] Financial Management - The Group increased its provision for credit loss allowance due to expected slow collection in trade receivables[30] - Administrative expenses increased to approximately RMB 37.6 million from RMB 15.8 million in 2021, mainly due to an increase in credit loss allowance for trade receivables, which amounted to approximately RMB 26.7 million for the year[72][76] - The group recorded a loss attributable to equity shareholders of approximately RMB 39.8 million for the year, compared to a net profit of RMB 4.9 million in 2021[75][79] - The group had outstanding bank loans of RMB 20.0 million as of December 31, 2022, resulting in a gearing ratio of 27.6%[82] - The group recognized an income tax benefit of approximately RMB 6.8 million for the year, compared to a tax expense of approximately RMB 2.7 million in 2021, mainly due to deferred tax assets from credit loss allowances[74] Awards and Recognition - The Group won the "Golden Prize for Innovation Marketing Category" at the Creative Awards Innovation 2022 for its successful live-streaming marketing case[34] - The Group received the "South China E-commerce Gold Label Award — Most Growing Enterprise Award" in 2022, highlighting its growth and recognition in the industry[39] - The company has been recognized with multiple marketing industry awards, showcasing its effectiveness in digital transformation and brand management[175] Future Outlook - The Group expects 2023 to be a challenging year but is prepared to implement a clear business strategy and cost-cutting measures to ensure sustainable development[48] - The annual economic growth rate in China is expected to return to potential growth rates in 2023, with market demand anticipated to gradually increase in the second half of the year[40] - The company aims to provide comprehensive marketing solutions and generate satisfactory returns for shareholders through a prudent and proactive business approach[49]
天泓文创(08500) - 2022 - 年度业绩
2023-03-29 12:53
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2022年12月31日止 年度全年業績公告 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2022年12月31日止年度之經審核綜合 財務業績。本公告列載本公司2022年年報全文(「2022年年報」),並遵照聯交所 GEM證券上市規則(「GEM上市規則」)有關年度業績初步業績公告須包括的資料 的 相 關 規 定 。 本 公 司 2022 年 年 報 的 印 刷 版 本 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.hkexnews.hk及本公司網站 www.iconspace.com ...
天泓文创(08500) - 2022 Q3 - 季度财报
2022-11-11 11:31
Financial Performance - For the nine months ended September 30, 2022, the company reported a revenue of RMB 96,000,000, which is an increase compared to the same period in 2021[40]. - The Group recorded revenue of approximately RMB 60.0 million for the nine months ended 30 September 2022, a decrease of 53.6% compared to RMB 129.3 million for the same period in 2021[54]. - Revenue from traditional offline media advertising services decreased by 46.7% to approximately RMB 47.0 million compared to the corresponding period of 2021[74]. - Revenue for the three months ended September 30, 2022, was RMB 9,674,000, a decrease of 20.4% compared to RMB 12,154,000 for the same period in 2021[147]. - Total revenue from PR, marketing campaigns, and other services was RMB 9,674,000 in Q3 2022, compared to RMB 12,154,000 in Q3 2021, reflecting a decline of 20.4%[177]. Loss and Expenses - The net loss for the period was approximately RMB 25.3 million, compared to a net profit of approximately RMB 1.4 million in the same period of 2021, representing a significant increase in loss of 1,906.6%[54]. - The Group recorded a gross loss of approximately RMB 4.6 million with a gross loss margin of approximately 7.7%, compared to a gross profit of approximately RMB 18.4 million and a gross profit margin of approximately 14.2% for the same period in 2021[77]. - Administrative expenses increased to approximately RMB 29.6 million, up from approximately RMB 11.3 million for the nine months ended September 30, 2021, primarily due to an increase in credit loss allowance for trade receivables[88]. - The Group recognized a credit loss allowance for trade receivables of approximately RMB 21.4 million for the period, compared to approximately RMB 2.6 million for the same period in 2021[88]. - The company reported a loss attributable to owners of RMB 943,000 in Q3 2022, compared to a loss of RMB 4,011,000 in Q3 2021[192]. Strategic Focus and Future Outlook - The company is focusing on expanding its market presence and enhancing user engagement through new product offerings and technological advancements[40]. - Future outlook remains positive, with management projecting continued revenue growth and potential profitability improvements in the upcoming quarters[40]. - The company is actively exploring strategic partnerships and potential acquisitions to bolster its market position and diversify its product portfolio[40]. - The management highlighted ongoing research and development efforts aimed at innovating new products that align with market demands[40]. - The Group plans to accelerate the selection and development of major customers to adapt to media and customer needs[64]. Corporate Governance and Compliance - The company is committed to maintaining robust corporate governance practices to ensure transparency and accountability in its operations[40]. - The audit committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and GEM Listing Rules[142]. - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[142]. - The Group's financial report has been prepared in accordance with all applicable Hong Kong Financial Reporting Standards (HKFRSs) as of November 11, 2022[157]. Shareholding and Equity - As of September 30, 2022, the total number of shares issued by the company was 180,000,000[122]. - Shining Icon held 69,660,000 shares, representing 38.70% of the total shareholding[124]. - Focus Wonder owned 33,750,000 shares, accounting for 18.75% of the total shareholding[124]. - Sense One had 18,090,000 shares, which is 10.05% of the total shareholding[124]. - The total equity as of September 30, 2022, was RMB 87,006,000, a decrease from RMB 112,257,000 as of January 1, 2022, reflecting a decline of approximately 22.5%[151].
天泓文创(08500) - 2022 Q1 - 季度财报
2022-05-12 11:43
Financial Performance - Revenue for the three months ended March 31, 2022, was RMB 28,565,000, a decrease of 35.7% compared to RMB 44,419,000 in the same period of 2021[34]. - Gross profit for the same period was RMB 5,779,000, reflecting a significant decline from RMB 9,640,000, indicating a challenging market environment[34]. - Profit for the period dropped to RMB 1,271,000, down 76.4% from RMB 5,379,000 in the previous year, highlighting the impact of reduced revenue on profitability[34]. - For the three months ended March 31, 2022, the Group recorded revenue of approximately RMB 28.6 million, representing a decrease of 35.7% compared to RMB 44.4 million for the same period in 2021[42]. - The net profit for the same period was approximately RMB 1.3 million, a decrease of 76.4% from RMB 5.4 million in the prior year[63]. - Gross profit decreased from approximately RMB 9.6 million in the corresponding period of 2021 to approximately RMB 5.8 million, with a gross profit margin of 20.2% compared to 21.7% in the previous year[56]. - Profit before taxation for the period was RMB 1,875,000, a decline of 73.8% from RMB 7,172,000 in the same period of 2021[136]. - Total comprehensive income for the period was RMB 1,271,000, compared to RMB 5,379,000 in the previous year, representing a decrease of 76.4%[136]. - Basic and diluted earnings per share for the period were both RMB 0.01, down from RMB 0.03 in the same period of 2021[136]. Revenue Sources - The company reported that traditional offline media advertising services accounted for 89.7% of total revenue, amounting to RMB 25,622,000[35]. - The contribution from public relations and online media marketing campaigns was RMB 1,026,000, representing only 3.6% of total revenue[35]. - Revenue from traditional offline media advertising services was RMB 25,622,000 for the first quarter of 2022[159]. Cost and Expenses - Administrative expenses increased to approximately RMB 3.1 million from RMB 2.4 million in the same period of 2021, primarily due to increased credit loss provisions for trade receivables[57]. - Selling expenses increased to RMB 787,000 from RMB 512,000, reflecting a rise of 53.7% year-over-year[136]. - Administrative expenses rose to RMB 3,079,000, compared to RMB 2,406,000 in the previous year, marking an increase of 28%[136]. Strategic Focus and Future Plans - The company is focused on enhancing its service offerings in public relations and online marketing to diversify revenue streams[38]. - Management indicated plans for future market expansion and the introduction of new services to improve financial performance[38]. - The Group plans to increase integrated investment in new businesses and enhance service offerings through a combination of "Creative + Media" services to capture market opportunities[70]. - The company continues to focus on integrated multimedia advertising and marketing media solutions, including OOH and indoor advertising platforms[157]. Corporate Governance - The board remains committed to improving corporate governance and transparency in financial reporting to build investor confidence[38]. - The company has adopted corporate governance practices in compliance with the Corporate Governance Code as set out in Appendix 15 to the GEM Listing Rules[82]. - The company maintained good corporate governance practices to promote accountability during the reporting period[82]. - The company has established an Audit Committee in accordance with GEM Listing Rules[131]. Shareholder Information - As of March 31, 2022, the Directors and chief executives held a total of 87,750,000 shares, representing a significant interest in the company[102]. - Shining Icon holds 69,660,000 shares, representing 38.70% of total shares[108]. - Focus Wonder owns 33,750,000 shares, accounting for 18.75% of total shares[108]. - Sense One has 18,090,000 shares, which is 10.05% of total shares[108]. - Master Connection possesses 13,500,000 shares, equating to 7.5% of total shares[108]. - The company disclosed substantial shareholders' interests in shares and underlying shares as required by the SFO[108]. Market Challenges - The decrease in revenue was mainly attributed to clients reducing their traditional offline media advertising budgets due to the impact of the COVID-19 pandemic[52]. - The advertising and marketing industry faces challenges from macroeconomic slowdown and changing brand customer requirements, but opportunities exist with the upgrading of cultural and entertainment consumption[70]. - The financial results reflect the ongoing challenges faced by small and mid-sized companies listed on GEM, which are more susceptible to market volatility[5].
天泓文创(08500) - 2021 - 年度财报
2022-03-29 13:59
Company Overview - Icon Culture Global Company Limited is listed on the GEM of the Stock Exchange with stock code 8500[25]. Financial Performance - The company reported a significant increase in revenue, achieving a total of HKD 100 million, representing a 20% growth compared to the previous year[13]. - Revenue for 2021 was RMB 175.36 million, a decrease of 34.7% compared to RMB 268.61 million in 2020[28]. - Gross profit for 2021 was RMB 30.57 million, down 70.9% from RMB 104.90 million in 2020[28]. - Profit attributable to equity shareholders for 2021 was RMB 4.87 million, a decline of 92.2% from RMB 62.73 million in 2020[28]. - The Group recorded revenue of approximately RMB 175.4 million in 2021, a decrease of 34.7% compared to 2020[41]. - Profit attributable to equity shareholders was RMB 4.9 million, representing a decrease of 92.2% from the previous year[41]. - The total value of contracts for online media advertising services was RMB 97.0 million in 2021, an increase of RMB 33.3 million or 52.4% compared to 2020[47]. - Revenue from traditional offline media advertising services decreased by 46.4% to RMB 136.9 million, primarily due to brand customers reducing their budgets amid Covid-19 uncertainties[61]. - Online media advertising services saw a significant increase of 161.0%, rising from RMB 11.9 million in 2020 to RMB 31.2 million in 2021, accounting for 17.8% of total revenue[71]. - Gross profit for the year was approximately RMB 30.6 million, down from RMB 104.9 million in 2020, with a gross profit margin of 17.4% compared to 39.1% in the previous year[76]. Market Expansion and Strategy - The user base expanded by 15%, reaching 500,000 active users by the end of the fiscal year[13]. - The company plans to launch two new products in the upcoming quarter, aiming to capture a larger market share[13]. - Future guidance indicates an expected revenue growth of 25% for the next fiscal year, driven by new product launches and market expansion strategies[13]. - The company aims to expand its operations into Southeast Asia, targeting a market size of approximately HKD 200 million[13]. - The Group's strategic focus remains on exploring business potential in online media advertising services, reflecting a shift in consumer behavior[71]. - The Group plans to further develop comprehensive marketing services for the online media advertising segment, particularly with the expansion of its live-streaming e-commerce operations[71]. Research and Development - Investment in research and development increased by 30%, focusing on innovative technologies to improve user experience[13]. - A dedicated team will be set up to research marketing methods for new products and E-commerce marketing[55]. Digital Marketing and E-commerce - The management highlighted a strategic shift towards digital marketing, which is projected to increase customer engagement by 40%[13]. - The Group established a live streaming e-commerce operation team focusing on platforms like Douyin and TikTok, enhancing the trading volume for brand customers[39]. - The Group established a dedicated live-streaming E-commerce marketing team in Q1 2021 and further developed a live-streaming E-commerce center in Q4 2021[42]. - The Group aims to improve its media investment strategy to enhance bargaining power and profitability[57]. - The Group is actively developing online advertisement demand, aiming to increase both revenue and its proportion within the overall business[1]. Corporate Governance and Compliance - The board of directors emphasized the importance of corporate governance and compliance with GEM listing rules to ensure transparency and accountability[20]. - The Group has not reported any employee infections related to Covid-19 as of the report date[1]. - The Group has implemented contingency measures in response to the impact of the Covid-19 outbreak[116]. - There was no material breach of applicable laws and regulations by the Group during the Year, indicating strong compliance with regulatory requirements[198]. Management and Leadership - The Group's management team includes experienced professionals with backgrounds in media, business development, and compliance[130][138]. - The management team is committed to achieving assigned growth ambitions through effective sales and marketing strategies[167]. - The executive team is committed to driving growth and enhancing shareholder value through effective management practices[130]. - The Group aims to strengthen its market position through strategic management and operational improvements[130]. Sustainability and Social Responsibility - The Group is committed to operating sustainably while balancing the interests of various stakeholders, including customers, suppliers, and employees[191]. - The Group's commitment to becoming an environmentally-friendly corporation is emphasized in its sustainability initiatives[194]. - Details of the environmental, social, and governance policies and performance during the Year are disclosed in the "Environmental, Social and Governance Report" of this annual report[194]. Future Outlook - The Group is exploring potential mergers and acquisitions to enhance its market position and diversify its product offerings[13]. - The Group's focus on innovation and market expansion is expected to drive future growth and enhance competitive advantage[168].
天泓文创(08500) - 2021 - 中期财报
2021-08-12 12:37
天 , , 文 创 | --- | --- | |---------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | INTERIM REPORT 中期業績報告 6 5 4 3 2 | 天泓文創國際集團有限公司 Icon Culture Global Company Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock code 股份代碼:8500 | CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOC ...