(於開曼群島註冊成立的有限公司) 股份代號 : 8635 年 報 2 025 聯交所GEM特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個上市的市場。有意投資者應了 解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場波動風險，同 時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不 對因本報告全部或任何部分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。 本報告的資料乃遵照GEM上市規則而刊載，旨在提供有關本公司的資料；各董事願就本報告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，就彼等所深知及確信，本報告所載資料在各重要方面均屬準確完備，並無誤導或欺詐 成分，且並無遺漏任何其他事項，足以令致本報告或其所載任何陳述產生誤導。 目錄 ELEPHANT HOLDINGS GROUP LIMITED 大象控股集團有限公司 公司資料 董事 ...

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 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分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。 Elephant Holdings Group Limited 大象控股集團有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：8635） 截至二零二五年三月三十一日止年度的 全年業績公告 大象控股集團有限公司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）董 事（「董 事」） 會（「董事會」）欣然宣佈本集團截至二零二五年三月三十一日止年度的經審核 綜合業績（「二零二五年全年業績」）。本 公 告，列 載 本 公 司 截 至 二 零 二 五 年 三 月 三十一日止年度的年報（「二零二五年年報」）全 文，符 合 聯 交 所GEM證券上市規 則（「GEM上市規則」）中有關二零二五年全年業績初步公告隨附資料的相關規 定。二 零 二 五 年 年 報 將 於 適 當 時 候 應 要 求 寄 ...

Group 1: Company Overview - Liancheng Technology Group Limited, established in 2006, is a financial trading solutions provider based in Hong Kong, primarily serving financial institutions in the Asia-Pacific region [2] - The company focuses on developing and providing financial trading solutions for over-the-counter trading, exchange trading, and fund management for financial institutions [2] - Liancheng's solutions are mostly developed in-house and are typically packaged solutions that can be highly configurable to meet diverse client needs [2] Group 2: Financial Performance - As of September 30, 2024, Liancheng Technology Group reported total revenue of 8.3046 million, a year-on-year decrease of 35.25% [1] - The company recorded a net profit attributable to shareholders of -6.0781 million, an increase of 47.87% year-on-year [1] - The gross margin stood at 87.48%, with a low debt-to-asset ratio of 5.08% [1] Group 3: Market Performance - On April 14, the Hang Seng Index rose by 2.4%, closing at 21,417.4 points, while Liancheng's stock price increased by 19.51% to 0.98 HKD per share [1] - Over the past month, Liancheng's stock has surged by 70.83%, and since the beginning of the year, it has skyrocketed by 1414.55%, outperforming the Hang Seng Index's 4.26% increase [1] - Currently, there are no institutional investment ratings for Liancheng's stock [1] Group 4: Industry Valuation - The average price-to-earnings (P/E) ratio for the software services industry is -2.5 times, with a median of -1.63 times [1] - Liancheng's P/E ratio is -19.54 times, ranking 83rd in the industry [1] - Comparatively, other companies in the industry have P/E ratios ranging from 2.85 times to 4.78 times [1]

Financial Performance - The company reported revenue of HKD 9,209,000 for the six months ended September 30, 2024, a decrease of 35.4% compared to HKD 14,223,000 for the same period in 2023[5]. - The net loss for the period was HKD 6,740,000, improving from a net loss of HKD 12,929,000 in the previous year, representing a reduction of 47.9%[5]. - Revenue from customer contracts for the six months ended September 30, 2024, totaled 5,587 thousand HKD, a decrease of 59.3% from 13,730 thousand HKD in the same period of 2023[13]. - The total comprehensive loss for the six months ended September 30, 2024, was 6,686 thousand HKD, compared to a total comprehensive loss of 12,944 thousand HKD in the same period of 2023[8]. - The company reported a loss attributable to shareholders of HKD 6,740,000 for the six months ended September 30, 2024, compared to a loss of HKD 12,929,000 for the same period in 2023, representing a 48.9% improvement[29]. - The basic loss per share decreased to HKD 1.69 for the six months ended September 30, 2024, from HKD 3.23 in the same period of 2023, indicating a reduction of 47.6%[29]. Assets and Liabilities - The company's total assets decreased to HKD 104,131,000 as of September 30, 2024, down from HKD 115,385,000 as of March 31, 2024, reflecting a decline of 9.7%[6]. - Cash and cash equivalents were reported at HKD 39,038,000, a decrease of 11.8% from HKD 44,254,000 at the end of the previous fiscal year[6]. - The company’s total equity decreased to HKD 98,846,000 from HKD 106,332,000, indicating a decline of 7.0%[6]. - Trade receivables decreased to HKD 1,643,000 from HKD 2,160,000, a decline of 24.0%[6]. - The net current assets as of September 30, 2024, were approximately HKD 41.4 million, down from HKD 46.7 million as of March 31, 2024[77]. - The group maintains sufficient cash and bank balances to meet short-term liquidity needs, with total financial liabilities amounting to HKD 2,517,000 as of September 30, 2024[84]. Expenses and Cost Management - Employee benefit expenses were reduced to HKD 8,859,000, down 52.5% from HKD 18,643,000 in the same period last year[5]. - The company reported a net cash outflow from operating activities of 3,499 thousand HKD for the six months ended September 30, 2024, an improvement compared to 11,446 thousand HKD for the same period in 2023[9]. - Other expenses increased by approximately 18% to HKD 3.1 million for the six months ended September 30, 2024, compared to HKD 2.6 million in the same period of 2023[73]. - R&D expenses were approximately HKD 5.2 million for the six months ended September 30, 2024, down from HKD 11.9 million in the same period of 2023[70]. Revenue Sources - For the six months ended September 30, 2024, the revenue from Financial Trading Solutions and Other IT Services was HKD 5,587,000, while Precious Metals Trading Services generated HKD 3,622,000, totaling HKD 9,209,000[19]. - The company reported a net gain of HKD 3,622,000 from precious metals trading contracts for the six months ended September 30, 2024, compared to HKD 493,000 in the same period of 2023[42]. - Revenue from precious metals trading increased by approximately HKD 3.1 million, primarily due to the acquisition of the subsidiary engaged in precious metals trading[66]. - Revenue from licensing and maintenance services decreased by approximately 24% or about HKD 1.6 million, mainly due to reduced services provided to existing clients[65]. - Initial setup and customization service revenue plummeted by approximately 93% from about HKD 7.0 million to approximately HKD 0.5 million for the six months ended September 30, 2024[65]. Strategic Initiatives - The company plans to focus on market expansion and new product development in the upcoming quarters[5]. - The company is reallocating resources to explore new business opportunities and has established a subsidiary in Singapore to tap into the Asian market[63]. - The company plans to enhance existing trading systems with automated trading or risk management features in the future[63]. - A strategic acquisition is planned to enhance technological capabilities, with an estimated cost of HKD 100 million[104]. Shareholder Information - The company declared a final dividend of HKD 0.002 per ordinary share for 2024, up from HKD 0.001 in 2023, resulting in a total payout of HKD 800,000 compared to HKD 400,000 in the previous year[33]. - The weighted average number of ordinary shares issued was 400,000,000 for both periods, showing no change year-over-year[31]. - As of September 30, 2024, the company has a total of 210,000,000 shares held by Essential Strategy, representing 52.5% of the issued shares[94]. - Expert Wisdom Holdings Limited, owned by the CEO, holds 90,000,000 shares, accounting for 22.5% of the issued shares[95]. Compliance and Governance - The company has established an audit committee to oversee financial reporting and internal controls, consisting of three independent non-executive directors[102]. - The chairman and non-executive director, Mr. Wei Ming, confirmed compliance with securities trading regulations throughout the reporting period[99]. - There were no reported violations of the securities trading code by any directors during the relevant period[99]. - The company has adopted strict compliance standards for securities trading as per GEM listing rules[99].

Business Development - The company commenced its new precious metals trading services business during the fiscal year ending March 31, 2024, with no significant changes in the nature of its main business[13]. - The company has initiated a terminal for algorithmic trading simulation and a network portal for algorithm sharing, enhancing portfolio tracking and optimization[1]. - The group plans to hire subcontractors for the development and upgrade of certain financial transaction solutions based on available labor resources and technical expertise[56]. Shareholder and Share Options - Essential Strategy holds 210,000,000 shares, representing 52.5% of the issued shares[37]. - Expert Wisdom owns 90,000,000 shares, accounting for 22.5% of the issued shares[37]. - The total number of share options available under the share option scheme is capped at 10% of the issued share capital, which is 40,000,000 shares[40]. - As of March 31, 2024, the number of share options available for grant under the general scheme limit is 12,800,000[41]. - The share option plan aims to incentivize and reward contributions from eligible participants[38]. - The maximum allocation for any eligible participant within any twelve-month period cannot exceed 1% of the issued shares as of the grant date[45]. Employee Relations and Safety - The company has not received any significant personal injury claims from employees under the employee compensation policy for the year ending March 31, 2024[52]. - The company has maintained good relationships with employees, customers, and suppliers, ensuring a safe and motivating work environment[52]. - No major accidents or violations of health and safety laws have occurred during the operational process[52]. - The company has implemented robust workplace measures to monitor and supervise risky activities[52]. - The group emphasizes employee training and development, providing regular training to ensure staff are updated on the latest knowledge and market information[76]. Client and Market Dynamics - The group has 20 major clients as of March 31, 2024, down from 28 in 2023, primarily consisting of financial institutions located in the Asia-Pacific region[53]. - The group does not rely on any single client, but the loss of major clients could adversely affect business and profitability if new comparable business is not acquired[55]. - The group is actively seeking new projects from existing or new clients to diversify its customer base and mitigate risks[55]. - The group has a standard service agreement requiring clients to make monthly payments without credit terms, with automatic renewal unless a termination notice is given three months in advance[79]. - There were no significant disputes or complaints from clients that could materially affect the group's operations during the fiscal year ending March 31, 2024[79]. Corporate Governance - The group has adopted corporate governance practices in compliance with GEM listing rules, ensuring transparency and accountability[58]. - The company has established a nomination committee to review the board's structure and recommend changes to align with corporate strategy[96]. - The board consists of six members, including two executive directors, one non-executive director, and three independent non-executive directors[108]. - The board is responsible for overall development, strategic planning, and monitoring business performance, with regular reviews of management performance[109]. - The company has established three board committees: audit, remuneration, and nomination, to oversee specific areas of governance[113]. - The audit committee, composed of three independent non-executive directors, has reviewed the financial reporting and risk management systems without identifying significant internal control deficiencies[88]. - The company has complied with GEM listing rules regarding the independence of its non-executive directors, with three independent directors making up over one-third of the board[111]. - The company has implemented a continuous professional development program for all directors to ensure they remain informed and effective in their roles[112]. - The board will continue to seek suitable candidates for directorships, considering various factors including gender, experience, and qualifications[116]. - The company has adopted good corporate governance principles as a foundation for its governance practices[107]. Risk Management - The company has established a risk management and internal control system to protect its assets and ensure compliance with applicable laws and regulations[146]. - The company’s management regularly monitors existing risk mitigation measures and reviews the risk management strategy[146]. - The board reviewed the effectiveness of the risk management and internal control systems on June 20, 2024, and found them to be effective and adequate[192]. - The company has a structured approach to identifying, assessing, and managing significant risks[166]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to improving its environmental, social, and governance performance and creating greater value for the community[184]. - The company emphasizes the integration of green development concepts into its operations, aiming for sustainable long-term goals in low-carbon economic transformation[182]. - The company encourages employees to reduce paper usage and promotes video conferencing to minimize carbon footprints[188][190]. - As of March 31, 2024, the company recorded carbon emissions of 41.3 tons of CO2 equivalent from business air travel, primarily due to overseas client services[190]. - The board of directors is responsible for overseeing significant environmental, social, and governance issues, ensuring these concepts are integrated into daily operations[180]. Communication and Transparency - The company emphasizes effective communication with shareholders to enhance investor relations and deepen understanding of its business performance and strategy[173]. - The company has implemented a shareholder communication policy that has been effectively executed through various channels, including annual general meetings and timely information releases[174]. - The company’s website serves as a communication platform for shareholders and potential investors, ensuring high levels of transparency[197]. - The company has implemented information disclosure policies to prevent unauthorized or inaccurate disclosure of inside information[193].

Financial Performance - For the fiscal year ending March 31, 2024, the total revenue of Novacon Technology Group Limited was approximately HKD 22.8 million, representing a significant decline of about 57% compared to the previous fiscal year[12]. - The net profit turned into a net loss of approximately HKD 23.0 million, compared to a net profit of HKD 5.7 million in the previous year[12]. - As of March 31, 2024, the company's total revenue was HKD 22,791,000, a significant decrease from HKD 52,577,000 in the previous year, representing a decline of approximately 56.7%[27]. - The company's revenue for the year ended March 31, 2024, was approximately HKD 22.8 million, a significant decrease of about 57% compared to approximately HKD 52.6 million for the previous year[31]. - Revenue from licensing and maintenance services dropped approximately 72% to about HKD 11.6 million from approximately HKD 41.5 million in the previous year, primarily due to reduced services provided to existing clients[31]. - Initial setup and customization service revenue decreased by approximately 28% to about HKD 8.0 million from approximately HKD 11.1 million in the previous year[31]. - The company recorded a loss before tax of approximately HKD 23.3 million for the year ended March 31, 2024, compared to a profit of approximately HKD 6.9 million in the previous year, primarily due to a significant revenue decline[47]. - For the fiscal year ending March 31, 2024, the company reported a loss attributable to owners of approximately HKD 23.0 million, compared to a profit of HKD 5.7 million for the fiscal year ending March 31, 2023[49]. Business Strategy and Development - The company is actively reviewing its business options to seek improvements, optimizations, and growth opportunities in response to challenging economic conditions[13]. - The company aims to restructure resources to reduce risks and optimize products to maintain competitiveness[14]. - The acquisition of Maishi Jinwang is expected to enhance the company's gold and silver trading services, contributing to revenue growth[14]. - The company plans to enhance existing trading systems with automated trading and risk management features to better serve clients[30]. - The establishment of Max Online International Limited will expand the company's offerings in forex, precious metals, and contracts for difference trading[30]. - The company is committed to ongoing research and development of financial trading solutions to solidify its market position[18]. - The company started its new precious metals trading service business during the fiscal year ending March 31, 2024[101]. - The company is primarily engaged in developing and providing financial trading solutions, resource allocation, planning, scheduling, and management software and services[101]. Risk Management - The company has identified several key risks, including R&D risk, customer retention risk, and supplier concentration risk, which could significantly impact its business and financial performance[53]. - The company has implemented measures to mitigate risks, such as maintaining close communication with customers and conducting feasibility studies before initiating development projects[54]. - The company has a policy of regularly monitoring current and expected liquidity needs to ensure sufficient cash reserves are maintained[62]. - The company does not engage in speculative activities and has no contracts in place to hedge foreign exchange risks, as its revenues and costs are primarily denominated in USD and HKD[57]. Employee and Operational Insights - Employee benefit expenses rose approximately 14% to about HKD 25.9 million, influenced by a one-time employee bonus of approximately HKD 7.5 million[38]. - The company has maintained strong relationships with key suppliers, ensuring stability in its operations[29]. - The company has not encountered any customer complaints as of March 31, 2024, indicating high customer satisfaction[26]. - The company has emphasized employee training and development, providing regular training to ensure staff are updated on the latest knowledge and market information[170]. - The company has not received any significant personal injury claims from employees under its compensation policy during the fiscal year ending March 31, 2024[170]. - The company has 40 full-time employees as of March 31, 2024, down from 56 in 2023[69]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the financial statements and internal controls for the fiscal year ending March 31, 2024[80]. - The board consists of six members, including two executive directors, one non-executive director, and three independent non-executive directors[194]. - The board is responsible for overall business management, strategic planning, and financial reporting approval[197]. - Independent non-executive directors make up over one-third of the board, ensuring compliance with GEM listing rules[200]. - The company has purchased liability insurance for directors and senior management since its listing date[199]. - The board proposed a final dividend of HKD 0.002 per share for the fiscal year ending March 31, 2024, compared to HKD 0.001 per share for the previous year[104]. Shareholder Information - As of March 31, 2024, Mr. Wei holds 210,000,000 shares, representing 52.5% of the issued shares of the company[133]. - Mr. Zhong holds 90,000,000 shares, representing 22.5% of the issued shares of the company[134]. - The total number of share options available for grant under the share option scheme as of March 31, 2024, is 12,800,000 shares, which represents 3.2% of the total issued shares[146]. - The share option scheme was adopted on March 29, 2019, to incentivize and reward contributions to the group[141]. - The maximum number of shares to be issued upon the exercise of stock options under the plan shall not exceed 30% of the company's issued share capital, which is 120,000,000 shares as of the report date[150]. Client and Supplier Relations - The company had 20 clients as of March 31, 2024, down from 28 in 2023, with the top five clients accounting for approximately 71.9% of total sales, up from 55.8% in the previous year[172]. - The largest client contributed about 44.5% of total sales for the year ending March 31, 2024, compared to 16.0% in 2023[172]. - The group’s major suppliers accounted for approximately 85.2% of total procurement for the year ending March 31, 2024, up from 82.2% in 2023, with the largest supplier contributing about 36.5%[176]. - The group has not experienced any supply shortages or delays for the year ending March 31, 2024, and can easily identify alternative suppliers as needed[177]. Financial Position - As of March 31, 2024, the company's net current assets were approximately HKD 46.7 million, down from HKD 70.3 million as of March 31, 2023[51]. - The company's current assets as of March 31, 2024, totaled approximately HKD 55.0 million, compared to HKD 77.5 million in the previous year[51]. - The company maintained a net cash position as of March 31, 2024, with no interest-bearing borrowings reported[52]. - The effective tax rate for the fiscal year ending March 31, 2024, was approximately 1.3%, a significant decrease from 17.6% in the previous year[48]. Research and Development - The company's research and development expenses were approximately HKD 17.7 million, with about HKD 6.4 million capitalized as intangible assets[37]. - The company has established a research and development center in May 2022 due to insufficient office space for additional R&D personnel[75]. - The overall strategy includes a commitment to research and development, with a significant portion of funds allocated to this area to drive future growth[79].

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 14,223,000, a slight decrease of 3.5% compared to HKD 14,535,000 for the same period in 2022[8]. - The net loss for the six months ended September 30, 2023, was HKD 12,929,000, compared to a profit of HKD 6,457,000 in the same period of 2022, indicating a significant decline in performance[8]. - For the six months ended September 30, 2023, the company reported a total comprehensive loss of HKD 12,929,000, compared to a profit of HKD 6,457,000 for the same period in 2022[10]. - The company reported a basic loss per share of HKD 3.23 for the six months ended September 30, 2023, compared to earnings of HKD 1.61 per share in the same period of 2022[8]. - The company recorded a net loss of HKD 1,081,000 for the three months ended September 30, 2023, compared to a profit of HKD 3,789,000 for the same period in 2022, marking a significant downturn[32]. - The loss attributable to owners of the company for the six months ended September 30, 2023, was approximately HKD 12.9 million, compared to a profit of HKD 6.5 million for the same period in 2022[66]. - The company reported interest income from fixed deposits of HKD 665,000 for the six months ended September 30, 2023, compared to HKD 374,000 in 2022, representing an increase of 77.73%[25]. Revenue Breakdown - Revenue from licensing and maintenance services decreased to HKD 6,681,000 for the six months ended September 30, 2023, down 69.2% from HKD 21,730,000 in 2022[19]. - Revenue decreased by approximately HKD 13.9 million, and impairment losses on financial and contract assets increased by about HKD 1.7 million during the reporting period[66]. - Revenue from licensing and maintenance services decreased by approximately 69% to about HKD 6.7 million, primarily due to reduced services provided to existing customers, including contract amendments and terminations totaling approximately HKD 15.8 million[70]. - Initial setup and customization service revenue increased by approximately 9% to about HKD 6.9 million for the six months ended September 30, 2023[71]. Expenses and Costs - The company incurred employee benefit expenses of HKD 18,643,000 for the six months ended September 30, 2023, which is an increase of 89.5% compared to HKD 9,838,000 for the same period in 2022[8]. - The decrease in net profit to net loss was primarily due to an increase in employee benefit expenses, including a one-time employee bonus of approximately HKD 8.8 million paid in May 2023[66]. - Employee benefit expenses for the six months ended September 30, 2023, totaled approximately HKD 21.2 million, an increase from HKD 13.0 million for the same period in 2022[104]. - Other expenses decreased by approximately 23% to about HKD 2.6 million, primarily due to reductions in consulting fees and telephone and utility expenses[80]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to HKD 132,378,000, a decrease from HKD 137,376,000 as of March 31, 2023[9]. - The company's cash and cash equivalents decreased to HKD 55,442,000 from HKD 61,415,000, reflecting a reduction in liquidity[9]. - The total equity attributable to the owners of the company decreased to HKD 116,375,000 from HKD 129,719,000, indicating a decline in shareholder value[9]. - The company reported a net cash outflow from operating activities of HKD 11,446,000 for the six months ended September 30, 2023, compared to a cash inflow of HKD 8,921,000 in 2022[13]. - As of September 30, 2023, the company's total reserves amounted to HKD 42,476,000, a decrease from HKD 44,632,000 as of April 1, 2023[46]. - As of September 30, 2023, the total liabilities amounted to HKD 9,752,000, with trade payables at HKD 4,214,000 and accrued expenses at HKD 5,538,000[96]. Strategic Initiatives - The company has identified potential market expansion opportunities, although specific strategies were not detailed in the report[8]. - The company is focusing on new product development and technology advancements to enhance its market position[8]. - The company plans to establish a research and development center to enhance and upgrade existing financial trading solutions and explore new information technology solutions[68]. - The company aims to diversify its business and expand revenue sources by entering the fintech market, with two new companies established in May 2023 focusing on precious metals and blockchain trading activities[68]. - The company completed the acquisition of GZBHK for USD 216,000 (approximately HKD 1.7 million) on September 25, 2023, enhancing its position in the precious metals trading market[68]. Shareholder Information - The company declared a final dividend of HKD 0.001 per share for 2023, down from HKD 0.002 per share in 2022, with no interim dividend recommended for the six months ended September 30, 2023[36]. - The company’s issued and paid-up share capital remained at 400,000,000 shares with a par value of HKD 0.01 per share as of September 30, 2023[45]. - The total number of stock options available for grant under the stock option plan as of September 30, 2023, is 12,800,000 shares, representing 3.2% of the total issued shares[123]. Compliance and Governance - The company has established an audit committee in accordance with GEM Listing Rules, which is responsible for reviewing financial reporting procedures and internal controls[144]. - The company has adopted a securities trading code that complies with the standards set out in GEM Listing Rules[139]. - The company has confirmed compliance with the securities trading code by all directors throughout the reporting period[140].

香港交易及結算所有限公司及香港聯合交易所有限公司(「聯交所」)對本公告 的 內 容 概 不 負 責,對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明,並 明 確 表 示 概 不 對 因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承 擔 任 何 責 任。 Novacon Technology Group Limited 連成科技集團有限公司 (於 開 曼 群 島 註 冊 成 立 的 有 限 公 司) (股 份 代 號:8635) 截至二零二三年九月三十日止六個月的中期業績公告 連成科技集團有限公司(「本公司」,連 同 其 附 屬 公 司 統 稱「本集團」)董 事(「董 事」) 會(「董事會」)欣然宣佈本集團截至二零二三年九月三十日止六個月的未經審 核簡明綜合業績(「二零二三年中期業績」)。列 載 本 公 司 截 至 二 零 二 三 年 九 月 三十日止六個月的中期報告(「二零二三年中期報告」)全 文 的 本 公 告,符 合 聯 交 所GEM證券上市規則(「GEM上市規則」)中有關二零二三年中期業績初步公告隨 附 資 料 的 相 關 規 定。二 零 二 三 年 中 期 報 告 ...

Financial Performance - The company reported unaudited revenue of HKD 6,749,000 for the three months ended June 30, 2023, a decrease of 50.4% compared to HKD 13,595,000 in the same period of 2022[6]. - The net loss for the period was HKD 11,848,000, compared to a profit of HKD 2,668,000 in the previous year, indicating a significant decline in performance[6]. - The company recorded a loss before tax of HKD 13,468,000, compared to a profit before tax of HKD 3,389,000 in the same quarter of the previous year[6]. - The basic loss per share was HKD 2.96, compared to earnings per share of HKD 0.67 in the prior year[6]. - The company reported a net loss attributable to owners of HKD 11,848,000 for the three months ended June 30, 2023, compared to a profit of HKD 2,668,000 in the same period of 2022[22]. - Basic loss per share for the period was HKD (2.96), compared to earnings of HKD 0.67 per share in the previous year[22]. - The group recorded a loss before tax of approximately HKD 13.5 million for the three months ended June 30, 2023, compared to a profit of approximately HKD 3.4 million for the same period in 2022[43]. - The loss attributable to owners of the company for the three months ended June 30, 2023, was approximately HKD 11.9 million, compared to a profit of approximately HKD 2.7 million for the same period in 2022[45]. Revenue Breakdown - Revenue from licensing and maintenance services was HKD 3,634,000, down 65.9% from HKD 10,649,000 in the previous year[12]. - Revenue from initial setup and customization services increased to HKD 3,115,000, up 5.7% from HKD 2,946,000 in the same period last year[12]. - The revenue from licensing and maintenance services decreased by approximately 66% to about HKD 3.6 million for the three months ended June 30, 2023, from approximately HKD 10.6 million in the same period in 2022[30]. - For the three months ended June 30, 2023, total revenue was HKD 6,749,000, a decrease of 50.4% compared to HKD 13,595,000 for the same period in 2022[12]. Expenses and Costs - Employee benefit expenses increased to HKD 14,343,000, up from HKD 4,906,000, reflecting a rise of 192.5% year-over-year[6]. - The company’s total expenses for the quarter included significant costs in employee benefits and financial asset impairments, totaling HKD 14,343,000 and HKD 1,758,000 respectively[6]. - Research and development expenses increased to approximately HKD 8.3 million for the three months ended June 30, 2023, from approximately HKD 3.9 million in the same period in 2022, largely due to the one-time employee bonus[35]. - Financial and contract asset impairment losses for the three months ended June 30, 2023, were approximately HKD 1.8 million, compared to approximately HKD 23,000 in the same period of 2022, largely due to the ongoing impact of the COVID-19 pandemic and rising U.S. interest rates[40]. Equity and Assets - Total equity as of June 30, 2023, was HKD 117,863,000, down from HKD 129,719,000 at the end of the previous quarter[7]. - The company’s non-current assets were located in Hong Kong and China as of June 30, 2023, with all revenue generated in Hong Kong[14]. Corporate Governance - The company has established an audit committee to oversee financial reporting and internal controls, consisting of three independent non-executive directors[72]. - There were no reported violations of the securities trading code by any directors during the relevant period[71]. - The company has confirmed compliance with the securities trading code by all directors throughout the reporting period[68]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ended June 30, 2023[72]. Future Outlook and Strategy - The company aims to enhance its financial trading solutions and resource allocation software, focusing on market expansion and technological development[9]. - The company plans to establish a research and development center to enhance and upgrade existing financial trading solutions and explore new information technology solutions[28]. - The company aims to diversify its business and expand revenue sources, including entering the fintech market through the establishment of two Hong Kong-registered companies focused on precious metals and blockchain trading activities[28]. - The company is considering strategic acquisitions to enhance its product portfolio, targeting a completion by Q3 2023[76]. - Market expansion plans include entering two new regions, projected to increase market share by 5%[76]. Stock Options and Shareholding - As of June 30, 2023, there were no stock options available for exercise, compared to 29,200,000 options in 2022[55]. - A total of 1,600,000 stock options were granted under the 2020 stock option plan, with 800,000 options granted to a related party[56]. - The exercise price for the 2020 stock options was set at HKD 0.095 per share[56]. - The expected volatility for the 2020 stock options was 55.27% for the first batch and 54.01% for the second batch[57]. - The company’s chairman, Mr. Wai, holds a controlling interest of 210,000,000 shares, representing 52.5% of the issued shares[58]. - The CEO, Mr. Chung, holds a controlling interest of 90,000,000 shares, representing 22.5% of the issued shares[59].

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 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分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。 Novacon Technology Group Limited 連成科技集團有限公司 (於 開 曼 群 島 註 冊 成 立 的 有 限 公 司) (股 份 代 號:8635) 截至二零二三年六月三十日止三個月的 第一季度業績公告 連成科技集團有限公司(「本公司」,連 同 其 附 屬 公 司 統 稱「本集團」)董 事(「董 事」) 會(「董事會」)欣然宣佈本集團截至二零二三年六月三十日止三個月的未經審 核簡明綜合業績(「二零二三年第一季度業績」)。列 載 本 公 司 截 至 二 零 二 三 年 六月三十日止三個月的第一季度報告(「二零二三年第一季度報告」)全文的本 公 告,符 合 聯 交 所GEM證券上市規則(「GEM上市規則」)中有關二零二三年第一 季 度 業 績 初 步 公 告 隨 附 資 料 的 相 關 規 定。二 零 ...