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中彩网通控股(08071) - 2024 - 年度业绩
CH NETCOMTECHCH NETCOMTECH(HK:08071)2025-03-28 14:10

Economic Challenges - For the year ended December 31, 2024, the Group faced significant challenges due to global economic and geopolitical conflicts, impacting businesses worldwide[21]. Business Strategy and Focus - The Group strategically disposed of its overseas cloud services business to focus on domestic smart retail services and the newly developed automotive culture business, enhancing competitiveness[22]. - The Group will explore new business opportunities in smart retail systems and services beyond cloud solutions[22]. - The Group's strategy includes focusing on domestic smart retail services and exploring other smart retail systems and services opportunities following the sale of the AWS cloud services business[25][30]. - The Group aims to capture new opportunities in the automotive culture business by collaborating with car manufacturers for customized product designs[34][36]. - The Group is committed to formulating flexible and pragmatic business strategies to capture new opportunities and drive sustainable growth[23]. Financial Performance - For the year ended December 31, 2024, the domestic cloud services business generated revenue of approximately HK$26,749,000, an increase of 65% from HK$16,231,000 in 2023, and recorded an operating loss of approximately HK$3,928,000, improved from a loss of HK$6,290,000 in 2023[32][35]. - The smart retail business recorded total revenue of approximately HK$28,940,000 for the year ended December 31, 2024, up from approximately HK$22,011,000 in 2023, with an operating loss of approximately HK$3,438,000 compared to a loss of HK$3,316,000 in 2023[33][35]. - The AWS cloud services business, classified as a discontinued operation, recorded revenue of approximately HK$2,191,000 for the year ended December 31, 2024, down from HK$5,780,000 in 2023, and an operating profit of approximately HK$490,000, decreased from HK$2,974,000 in 2023[32][35]. - The automotive culture business, launched on November 9, 2023, generated revenue of approximately HK$169,000 and an operating profit of approximately HK$2,000 by December 31, 2024[34][36]. - The Group recorded a loss attributable to owners of the Company of approximately HK$7,598,000 for the year ended December 31, 2024, a decrease of approximately 25% from HK$10,108,000 in 2023[41]. - The Group's consolidated revenue for the year ended December 31, 2024, was approximately HK$29,109,000, representing a year-on-year increase of approximately 32% compared to HK$22,011,000 in 2023[39]. Operational Changes - The lottery business was ceased in 2023 to focus resources on the smart retail business, and it did not generate any revenue in 2024[37]. - The Group did not make any capital investments or acquisitions of capital assets during the year ended December 31, 2024[51]. Employee and Management Information - As of December 31, 2024, the Group had 12 employees, with total staff costs amounting to approximately HK$6,472,000, down from approximately HK$11,162,000 in 2023[66]. - The company has a competitive salary and benefits structure for employees, reviewed annually based on performance[68]. - The management team has extensive experience across various sectors, enhancing the company's strategic decision-making capabilities[69][71][75][80][82]. Corporate Governance - The Board does not recommend any dividend payment for the year ended December 31, 2024, consistent with the previous year[91][95]. - The Audit Committee reviewed the financial statements and accounting principles prior to Board approval for the year ended December 31, 2024[106][112]. - The Group maintained good relationships with employees, customers, and suppliers, with no significant disputes reported during the year[108][113]. Environmental Policy - The Group's environmental policy includes promoting green measures and reducing energy consumption, with satisfactory performance reported for the year[98][102]. - The Group's business activities complied with applicable environmental policies throughout the year[99][103]. Shareholder Information - The largest customer accounted for approximately 56% of the Group's total sales, while the five largest customers combined represented 86%[142]. - The largest supplier contributed approximately 36% of the Group's total purchases, with the five largest suppliers combined accounting for 68%[143]. - As of December 31, 2024, Mr. Sun Haitao holds a long position of 108,159,464 shares in 51 Credit Card, representing approximately 6.64% of issued shares[168]. - The total number of issued shares of 51 Credit Card as of December 31, 2024, is 1,629,984,225 shares[173]. Future Outlook - The Group plans to focus on its smart retail and automotive culture businesses, expecting increased demand driven by generative artificial intelligence and consumer goods trade-in policies in the PRC[61].