Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 （ Incorporated in the Cayman Islands with limited liability ） （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：8540） NOTIFICATION LETTER 通 知 信 函 Dear Shareholder(s), 31 March 2025 The following document(s) of Victory Securities (Holdings) Company Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.victorysec.com.hk and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively " ...

Revenue Growth - The virtual asset business recorded a significant revenue growth of approximately 1,289%, contributing about 19% to the total revenue of the company[10]. - Traditional securities business revenue increased by approximately 42% compared to 2023, despite high interest rates and liquidity issues in Hong Kong[10]. - The group's revenue for the year ended December 31, 2024, was approximately HKD 74.96 million, an increase of about 36.4% compared to HKD 54.97 million for the year ended December 31, 2023[14]. - The group reported a loss of approximately HKD 2.32 million for the year ended December 31, 2024, a significant reduction of about 90.7% from a loss of HKD 25.08 million in the previous year[15]. - Revenue from virtual asset trading and related services reached approximately HKD 14.31 million, a significant increase of 1,289.0% from HKD 1.03 million in the previous year, marking it as a new business segment[41]. - The brokerage service revenue was approximately HKD 13.37 million, up 1.4% from HKD 13.18 million, driven by a 21.1% increase in total trading volume in the Hong Kong stock market[37]. - The placement and underwriting service revenue increased by 169.3% to approximately HKD 4.26 million from HKD 1.58 million, attributed to the group's efforts in capital market opportunities[38]. - Asset management service revenue rose by 10.3% to approximately HKD 8.23 million, compared to HKD 7.46 million, due to increased revenue from new clients[42]. - Financing service revenue decreased by 12.4% to approximately HKD 17.40 million from HKD 19.86 million, primarily due to a cautious market environment[41]. - The financial advisory service revenue increased by 214.6% to approximately HKD 0.65 million from HKD 0.21 million, with potential opportunities dependent on China's economic recovery[43]. Business Expansion and Diversification - The company has diversified its operations across multiple regions, including Hong Kong, Qianhai, Shenzhen, Singapore, and Japan, to mitigate regional operational risks[10]. - The company aims to expand its virtual asset-related business into Southeast Asia and other regions to capitalize on new market opportunities[10]. - The company has obtained a license from the Securities and Futures Commission to trade or underwrite structured products related to virtual assets[8]. - The company has become the first and only licensed entity in Hong Kong to provide virtual asset trading, consulting, and asset management services[33]. - The asset management division has received licenses in Japan, Singapore, and China, indicating significant expansion potential[30]. - The company is focusing on expanding its asset management services through the establishment of private equity funds in China, Singapore, and Japan[25]. - The company has launched the "VictoryX" app, allowing simultaneous trading of securities and virtual assets, marking a significant technological advancement[33]. - The group expects its virtual asset business to be a major growth driver in the coming year, with a complete product line providing a unique advantage over competitors[11]. Financial Performance and Management - The group plans to enhance its business model and product lines in 2025 to address increasing competition and customer expectations[12]. - The group has invested heavily in system integration and infrastructure, including trading applications and backend systems, to support 24/7 trading of securities and virtual asset products[11]. - The group has seen an increase in revenue from virtual asset trading and related services, contributing to the overall revenue growth[15]. - The company raised approximately HKD 17.70 million from the subscription of 7,200,000 new shares, with a net price of about HKD 2.46 per share[60]. - As of December 31, 2024, the net proceeds from the subscription have been fully utilized, with approximately HKD 6.20 million allocated to enhance IT infrastructure and HKD 11.50 million for general working capital[61]. - The total employee cost for the year ending December 31, 2024, was approximately HKD 39.03 million, an increase from HKD 32.15 million for the previous year[65]. - The company had a total of 65 full-time employees as of December 31, 2024, compared to 50 employees as of December 31, 2023[65]. Corporate Governance and Board Structure - The company’s board of directors includes experienced individuals with over 34 years and 50 years of experience in the securities industry, respectively[67][70]. - The board consists of 7 members, including 3 executive directors, 1 non-executive director, and 3 independent non-executive directors[87]. - The company has fully complied with the corporate governance code as per GEM listing rules for the year ending December 31, 2024[85]. - The independent non-executive directors represent over one-third of the board, ensuring adherence to financial reporting standards[91]. - The company has established three permanent committees: Audit Committee, Remuneration Committee, and Nomination Committee[90]. - The board is responsible for leading and monitoring the company, with delegated powers for daily operations to executive directors and senior management[90]. - The company ensures that all board meeting records are properly maintained by the company secretary[94]. - The company has established a clear division of responsibilities between the Chairman and the CEO to maintain a balance of power[99]. Risk Management and Compliance - The company has established a strong risk management and internal control system to protect shareholder interests and manage operational risks[121]. - The risk management committee was established in 2017 and is currently chaired by Mr. Zhao Ziliang, with other members including the Chief Financial Officer and the Operations Director[138]. - The financial department continuously monitors compliance with financial resource return regulations, ensuring timely reporting to management and the regulatory authority[144]. - The company has implemented a multi-tiered risk management framework to identify, assess, and monitor financial and operational risks[136]. - The operations department ensures customer funds are managed according to regulatory requirements, mitigating legal and regulatory risks[140]. - The compliance department establishes internal control standards and regularly reviews compliance with legal and regulatory developments[141]. - The risk management framework aims to provide reasonable assurance against significant misstatements or losses, rather than absolute guarantees[135]. Environmental, Social, and Governance (ESG) Initiatives - The environmental, social, and governance (ESG) report covers significant ESG issues related to the company's main business operations, which include securities, futures, and asset management services, for the period from January 1, 2024, to December 31, 2024[155]. - The board of directors is responsible for overseeing the company's ESG initiatives and has developed a tailored action plan to implement established policies and goals[154]. - The company emphasizes stakeholder engagement as a key factor in its decision-making and strategic planning processes, utilizing various communication channels to assess stakeholder concerns[156]. - The company is committed to sustainable development through robust governance and risk management measures related to ESG issues[161]. - The company has implemented a comprehensive environmental, social, and governance (ESG) risk management framework, demonstrating a strong commitment to ESG requirements[164]. - The company has not identified any significant ESG risks based on its business nature, but continues to adhere to monitoring procedures to manage potential issues[164]. - The company has implemented comprehensive environmental measures to reduce emissions and promote sustainable business practices[176]. - The company encourages employee participation in environmental policy planning and implementation to promote stakeholder engagement in environmental initiatives[177]. Employee Engagement and Diversity - Employee satisfaction and well-being are considered fundamental drivers of the company's success, with a focus on diversity and inclusion in the workplace[189]. - The total number of employees as of December 31, 2024, is 69, an increase from 52 in 2023[192]. - The employee demographic breakdown shows 65% are aged 31 to 50, 22% are aged 18 to 30, and 6% are aged 50 and above[192]. - The gender distribution of employees is 64% male and 36% female[194]. - The company adheres to all applicable labor laws and regulations, including the Employment Ordinance and the Minimum Wage Ordinance[200]. - The company has implemented competitive compensation and a favorable work environment to retain talent[197]. - The employee retention strategy includes systematic exit interviews to gather constructive feedback[197]. - The company has established strict guidelines to prevent the hiring of child or forced labor[197].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 勝利證券(控股)有限公司 呈交日期： 2025年3月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 08540 | 說明 | 行使購股權 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | | 已 ...

EF001 免責聲明 | 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的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 勝利證券(控股)有限公司 | | 股份代號 | 08540 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2024年12月31日止之末期股息 | | 公告日期 | 2025年3月20日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 | 每 股 0.018 HKD | | 股東批准日期 | 2025年6月5日 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.018 HKD | | 匯率 | 1 HKD : 1 ...

Financial Performance - The company's revenue for the year ended December 31, 2024, was approximately HKD 74.96 million, an increase of about 36.4% compared to HKD 54.97 million for the year ended December 31, 2023[7]. - The net loss for the year ended December 31, 2024, was approximately HKD 2.32 million, a significant reduction of about 90.7% from a net loss of HKD 25.08 million for the year ended December 31, 2023[8]. - The total income from customer contracts was HKD 46.20 million for the year ended December 31, 2024, compared to HKD 29.26 million in 2023[10]. - The company reported a basic and diluted loss per share of HKD 1.64 for the year ended December 31, 2024, compared to HKD 13.45 for the previous year[10]. - Total comprehensive loss for the year amounted to HKD 7,756,266, down from HKD 23,945,765 in the previous year, reflecting a reduction of approximately 67.6%[11]. - The company reported a pre-tax loss of HKD 2,484,814 for the year ended December 31, 2024, an improvement from a loss of HKD 29,372,237 in 2023[41]. - The loss for the year ended December 31, 2024, was approximately HKD 2.32 million, a decrease of about 90.7% compared to a loss of HKD 25.08 million for the year ended December 31, 2023, attributed to increased revenue, particularly from virtual asset trading[119]. Dividends - The board proposed a final dividend of HKD 0.018 per share for the year ended December 31, 2024, compared to HKD 0.005 per share for the year ended December 31, 2023[8]. - The interim dividend declared for the six months ended June 30, 2024, was HKD 0.10 per share, down from HKD 0.80 per share in 2023[51]. - The proposed final dividend for the year ending December 31, 2024, is HKD 1.80 per share, compared to HKD 0.50 per share in 2023[51]. - The board proposed a final dividend of HKD 1.80 per share for the year ending December 31, 2024, totaling approximately HKD 3,744,396, subject to shareholder approval at the annual general meeting on June 5, 2025[140]. Expenses - Commission expenses increased by 101.3% to HKD 9.44 million for the year ended December 31, 2024, compared to HKD 4.69 million in the previous year[7]. - Employee costs rose by 21.4% to HKD 39.03 million for the year ended December 31, 2024, up from HKD 32.15 million in 2023[7]. - Other operating expenses decreased by 19.6% to HKD 22.63 million for the year ended December 31, 2024, compared to HKD 28.14 million in the previous year[7]. - The company incurred a loss of HKD 1,100,000 from an impairment of an associate company[41]. - Financing costs totaled HKD 6,087,035 in 2024, a decrease of 5.9% from HKD 6,471,128 in 2023[47]. - Other income totaled HKD 1,034,700, down from HKD 2,510,788 in 2023, indicating a decrease of 58.8%[44]. Assets and Liabilities - Non-current assets decreased to HKD 62,116,832 in 2024 from HKD 69,870,643 in 2023, representing a decline of about 11.1%[13]. - Current assets increased significantly to HKD 457,926,031 in 2024, up from HKD 230,883,565 in 2023, marking an increase of approximately 98.2%[13]. - Current liabilities rose to HKD 341,619,086 in 2024, compared to HKD 135,180,151 in 2023, which is an increase of about 153.5%[13]. - The company’s total non-current liabilities decreased to HKD 952,551 in 2024 from HKD 2,471,117 in 2023, a reduction of approximately 61.5%[14]. - The company’s cash and cash equivalents decreased to HKD 12,559,779 in 2024 from HKD 19,459,659 in 2023, a decline of about 35.5%[13]. - The group reported a total accounts receivable of HKD 410,786,577 in 2024, significantly up from HKD 189,743,326 in 2023, marking an increase of 116.5%[54]. Business Operations - The increase in revenue was primarily driven by growth in securities and futures brokerage services, virtual asset services, and financial advisory services[7]. - The company has received approval from the Securities and Futures Commission to provide virtual asset trading services through its subsidiary, indicating a strategic expansion into the digital asset market[18]. - The group has established a proprietary development team and invested significantly in its own application "VictoryX" for virtual asset trading and related services[86]. - The group aims to transform placement and underwriting services into a major revenue source in the near future[75]. - The group is actively exploring potential opportunities in the financial advisory services sector, dependent on market conditions in Hong Kong and China[91]. - The group launched the "VictoryX" app, allowing simultaneous trading of securities and virtual assets, becoming the first licensed broker in Hong Kong to offer such services[96]. Market and Revenue Breakdown - Revenue from brokerage and futures services accounted for approximately 18.5% and 27.2% of total revenue for the years ending December 31, 2024, and 2023, respectively[74]. - Revenue from placement and underwriting services represented about 5.6% and 2.9% of total revenue for the years ending December 31, 2024, and 2023, respectively[75]. - Financing services contributed approximately 23.2% and 36.1% to total revenue for the years ending December 31, 2024, and 2023, respectively[80]. - Asset management services accounted for about 9.2% and 13.2% of total revenue for the years ending December 31, 2024, and 2023, respectively[81]. - Revenue from virtual asset trading and related services reached approximately HKD 14.31 million for the year ended December 31, 2024, a significant increase of 1,289.0% from HKD 1.03 million in the previous year[108]. Corporate Governance - The company has fully complied with the corporate governance code as per GEM listing rules as of December 31, 2024[144]. - The company has established an audit committee in accordance with GEM listing rules and corporate governance code[145]. - The audit committee has reviewed the accounting principles and practices adopted by the group for the year ending December 31, 2024[147]. Future Outlook - The group plans to continue investing in the virtual asset division, anticipating its growing importance in the financial sector[95]. - The group aims to bridge traditional finance and Web3, conducting offline educational activities to attract investors[88]. - The group is applying for a license to develop a virtual asset trading platform, aiming to provide comprehensive services for retail and professional investors in the Web3 sector[99].

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的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部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。 （於開曼群島註冊成立的有限公司） Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 本 公 司 股 東 及 潛 在 投 資 者 於 買 賣 本 公 司 股 份 時 務 請 審 慎 行 事。 承董事會命 勝 利 證 券（控 股）有 限 公 司 主 席 （股份代號：8540） 正面盈利預告 綜合業績提升及 主要營運附屬公司轉虧為盈 本 公 告 乃 由 勝 利 證 券（控 股）有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」） 根據香港聯合交易所有限公司GEM證 券 上 市 規 則（「GEM上市規則」）第17.10條 及香港法例第571章證券及期貨條例第XIVA部 的 內 幕 消 息 條 文（定 義 見GEM上 市 規 則）而 作 出。 本 公 司 董 事（「董 ...

Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 (於開曼群島註冊成立的 有限公司 ) (股份代號：8540) 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的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部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。 江仁宇 香港，2025 年 3 月 10 日 於本公告日期，董事會成員包括三名執行董事高鵑女士、趙子良先生及陳沛泉先生；一名非執行 董事陳英傑先生（主席）；以及三名獨立非執行董事英永鎬先生、廖俊寧先生及甄嘉勝醫生。 本公告的資料乃遵照香港聯合交易所有限公司 GEM 證券上市規則而刊載，旨在提供有關本公司 的資料，各董事願就本公告的資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後， 確認就其所知及所信，本公告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並 無遺漏任何事項，足以令致本公告或其所載任何陳述產生誤導。 本公告將由其刊發日期起計最少一連七日登載於聯交所網站 www.hkexnews.hk 之「最新上市 ...

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的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部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。 Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 Vistra (Cayman) Limited P.O. Box 31119 Grand Pavilion Hibiscus Way, 802 West Bay Road, Grand Cayman KY1-1205 Cayman Islands 本公司的股份過戶登記分處則維持不變。 (於開曼群島註冊成立的有限公司) (股份代號：8540) 變更開曼群島主要股份過戶登記處及 註冊辦事處 勝利證券（控股）有限公司 (「本公司」) 董事會 (「董事會」) 謹此宣佈，自 2024 年 12 月 31 日起，本公司於開曼群島的主要股份過戶登記處及註冊辦事處已變更為： 承董事會命 勝利證券（控股）有限公司 江仁宇 公司秘書 香港，2025 年 1 月 7 日 於 本 公 告 日 期，董 事 會 成 ...

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的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部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。 Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8540） 更換核數師 核數師辭任 本 公 司 董 事（「董 事」）會（「董事會」）宣 佈，由 於 本 公 司 與 安 永 會 計 師 事 務 所（「安 永」）未 能 就 本 集 團 截 至2024年12月31日止財政年度綜合財務報表之審計費用達 成 共 識，安 永 已 辭 任 本 公 司 核 數 師，自2024年12月2日 生 效。 安 永 已 確 認，概 無 任 何 有 關 其 辭 任 本 公 司 核 數 師 的 事 宜，乃 須 提 請 本 公 司 股 東 垂 注。董 事 會 及 本 公 司 審 核 委 員 會（「審核委員會」）確 認，除 本 公 司 未 能 就 本 集 團截至202 ...

Financial Performance - For the six months ended June 30, 2024, the company's revenue was approximately HKD 29.56 million, an increase of about 7.2% compared to HKD 27.58 million for the same period in 2023[6]. - The company's loss for the six months ended June 30, 2024, was approximately HKD 5.82 million, representing an increase of about 47.5% from a loss of HKD 3.95 million in the same period of 2023[7]. - The company reported a net loss attributable to equity holders of the parent of HKD 5.76 million for the six months ended June 30, 2024, compared to a loss of HKD 3.91 million in the same period of 2023[8]. - Total comprehensive loss for the period amounted to HKD 7,381,649, significantly higher than the HKD 3,925,198 reported in the previous year, indicating an increase of 88.5%[9]. - The basic and diluted loss per share for the six months ended June 30, 2024, was HKD 3.04, compared to HKD 2.11 for the same period in 2023[8]. - The company reported a pre-tax loss of HKD 5,698,633 for the six months ended June 30, 2024, compared to a pre-tax loss of HKD 4,967,751 for the same period in 2023, reflecting a decline in profitability[31]. - The company declared an interim dividend of HKD 0.10 per share for the six months ended June 30, 2024, down from HKD 0.80 per share for the same period in 2023[7]. Revenue Breakdown - Revenue from client contracts was HKD 16.59 million for the six months ended June 30, 2024, compared to HKD 15.49 million in the previous year[8]. - The segment revenue for the securities and futures brokerage services was HKD 14,293,057, while the financing services segment generated HKD 8,209,567, indicating strong performance in these areas[31]. - The company recorded a significant increase in virtual asset trading revenue, reaching HKD 3,075,021 in 2024, compared to no revenue in 2023[38]. - The virtual asset division generated revenue of approximately HKD 3.08 million for the six months ended June 30, 2024, compared to zero revenue for the same period in 2023, marking the launch of a new business segment[163]. - Brokerage services recorded revenue of approximately HKD 4.02 million, a decrease of about 49.3% from HKD 7.92 million for the same period in 2023, primarily due to reduced trading volume in the Hong Kong stock market[160]. - The placement and underwriting services saw a significant increase in revenue to approximately HKD 4.43 million, up about 697.8% from HKD 0.56 million in the previous year, driven by increased corporate activities[161]. - Asset management services reported revenue of approximately HKD 3.41 million, a slight increase of about 0.9% from HKD 3.38 million in the previous year, mainly due to increased revenue from new clients[165]. Expenses and Costs - Employee costs for the six months ended June 30, 2024, amounted to HKD 17.74 million, an increase of 16.3% from HKD 15.25 million in the previous year[6]. - Commission expenses increased by 29.9% to HKD 3.55 million for the six months ended June 30, 2024, compared to HKD 2.73 million in the previous year[6]. - Other operating expenses decreased by 15.7% to HKD 8.04 million for the six months ended June 30, 2024, from HKD 9.53 million in the previous year[6]. - The company incurred a net loss of HKD 40,822 related to expected credit loss provisions for receivables, a significant decrease from HKD 1,927,960 in the previous year[43]. - Interest income from clients decreased to HKD 8,209,567 in 2024 from HKD 10,819,207 in 2023, a decline of approximately 24.2%[37]. - Interest expenses on bank loans and other borrowings amounted to HKD 2,576,951 for the six months ended June 30, 2024, compared to HKD 2,433,240 in 2023, reflecting an increase of 5.9%[42]. Assets and Liabilities - Non-current assets totaled HKD 71,405,499 as of June 30, 2024, up from HKD 69,870,643 at the end of 2023, reflecting a growth of 2.2%[10]. - Current assets increased to HKD 257,593,595 from HKD 230,883,565, marking an increase of 11.6%[10]. - The company's cash and cash equivalents rose to HKD 36,126,051, compared to HKD 19,459,659 at the end of 2023, representing an increase of 85.5%[10]. - Current liabilities increased to HKD 153,260,294 from HKD 135,180,151, which is an increase of 13.4%[10]. - The company's total liabilities increased, with interest-bearing bank and other borrowings rising to HKD 101,524,927 from HKD 92,798,487, an increase of 9.9%[10]. - The total value of right-of-use assets was HKD 9,284,917, an increase from HKD 7,075,606 in the previous period, showing a growth of about 31.2%[50]. - The total value of leasehold improvements was HKD 5,054,062, consistent with the previous period, indicating stable investment in this area[50]. Cash Flow and Financing - Net cash generated from operating activities for the six months ended June 30, 2024, is HKD 2,189,500, significantly lower than HKD 25,050,071 in the same period last year[17]. - The net cash flow from investing activities shows a net outflow of HKD 7,001,124, compared to an inflow of HKD 2,452,429 in the previous period[18]. - The company reported a significant increase in cash from the sale of financial assets, amounting to HKD 14,615,452, compared to HKD 4,736,883 in the previous year[17]. - The company issued shares resulting in cash inflow of HKD 18,804,240 during the financing activities[18]. - The company raised approximately HKD 17.70 million from the subscription of 7,200,000 new shares, with a net price of about HKD 2.46 per share[180]. - The total amount recognized in profit or loss related to lease liabilities for the six months ended June 30, 2024, was HKD 1,107,401, down from HKD 2,313,349 for the same period in 2023[66]. Corporate Governance and Compliance - The Audit Committee was established on June 14, 2018, and consists of two independent non-executive directors and one non-executive director[198]. - The Audit Committee reviewed the unaudited interim consolidated financial statements for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and GEM listing rules[199]. - The company has fully complied with the corporate governance code as per GEM Listing Rules during the six months ended June 30, 2024[197]. - There were no competitive interests held by directors or controlling shareholders in businesses that may compete with the group during the six months ended June 30, 2024[196]. Strategic Initiatives - The company aims to transform into a comprehensive financial service provider to diversify its revenue sources amid a challenging investment atmosphere[153]. - The company has received asset management service licenses in Japan, Singapore, and China, which are expected to play a significant role in future growth[153]. - The company has launched the VictoryX app, the first licensed financial institution app in Hong Kong to offer both securities and virtual asset trading[155]. - The company is applying for a license to develop a dedicated virtual asset trading platform, aiming to provide comprehensive services for retail and professional investors[156]. - The company has established an in-house R&D team to enhance its capabilities in the virtual asset sector, aligning with its strategic goals[155].