Fund Utilization - The net amount of funds raised as of December 31, 2021, is HKD 116.2 million, with HKD 69.4 million utilized and HKD 46.8 million remaining [25]. - The company plans to fully utilize the remaining funds for online gaming (HKD 27.8 million), esports (HKD 19.0 million), and cloud computing and data storage services (HKD 47.7 million) by December 31, 2022 [25]. - The board has no intention to change the planned use of the net proceeds from the placement of shares as disclosed in the announcements dated April 11, 2021, and the annual report [25]. Loan Management - As of December 31, 2021, the group has outstanding loans with an unpaid principal amount of approximately HKD 6.4 million, down from HKD 9.9 million in 2020 [30]. - Interest income from outstanding loans for the year ended December 31, 2021, was approximately HKD 1.9 million, compared to HKD 2.9 million in 2020 [30]. - The company has not issued any new loans or renewed any loan agreements since 2020 due to challenges and competitive environment exacerbated by the COVID-19 pandemic [32]. - The company’s lending business is conducted through its wholly-owned subsidiary, focusing on large loans exceeding HKD 1 million [29]. - The company has a comprehensive policy and procedure manual for loan approval, renewal, collection, compliance, monitoring, and anti-money laundering [30]. Credit Risk - The expected credit loss ratio for receivables is 0.02%, with no impairment recognized for the year ended December 31, 2021 [33]. Stock Options - The estimated fair value of stock options granted to executive directors and senior management is approximately HKD 25.24 million and HKD 9.21 million, respectively [26].
帝国科技集团(00776) - 2022 Q2 - 季度财报