Loan Portfolio - As of December 31, 2021, the company had a total of HKD 303.3 million in secured loans and HKD 1,149.4 million in unsecured loans[5]. - The lending business had 163 borrowers as of December 31, 2021[4]. - The company has a total of 20 major borrowers with outstanding loans, with the highest individual loan amount being HKD 8,140,000[5]. - As of December 31, 2021, the total outstanding loans amounted to HKD 1,452,708,000, an increase from HKD 1,397,480,000 in 2020[10]. - Loans due within one year accounted for 38.2% of the total, increasing from 14.9% in the previous year[10]. - Loans due between 1 to 5 years represented 61.8% of the total, down from 82.0% in 2020[10]. - There were no loans due after 5 years as of December 31, 2021, compared to 3.1% in 2020[10]. Lending Strategy - The company plans to focus more on secured loans in future lending applications[5]. - The company has implemented a credit risk assessment process before granting loans, which includes evaluating the borrower's financial status and collateral value[7]. - The company regularly monitors loan repayment situations and takes action on overdue accounts, including legal proceedings if necessary[7]. - The company conducts background checks on corporate and individual clients as part of its due diligence process[8]. Compliance and Funding - The company has complied with the listing rules regarding loans to borrowers with outstanding loans as of December 31, 2021[9]. - The company has no agreements or arrangements with related parties concerning loans to borrowers with outstanding loans as of December 31, 2021[9]. - The company sources its lending funds from internal resources[5].
隆成金融(01225) - 2022 Q3 - 季度财报