Annual Report 2020/21年報CAPITAL VC LIMITED首都創投有限公司Stock Code 股份代號 : 02324(Incorporated in the Cayman Islands with limited liabilit yand carrying on business in Hong Kong as CNI VC Limited)(於開曼群島註冊成立之有限公司並以 CNI VC Limited 名稱在香港經營業務) CONTENTS目錄 1Annual Report 2020/21 年報Page頁次公司資料 2執行董事報告書 4董事履歷 7管理層討論及分析 9企業管治報告 21董事會報告 32獨立核數師報告 42經審核財務報表 綜合： 損益及其他全面收益表 50財務狀況表 51權益變動表 53現金流量表 54綜合財務報表附註 56財務概要 136Corporate InformationExecutive Directors’ StatementBiographies of DirectorsManagement Discussion and AnalysisCorporate Governance ReportReport of the DirectorsIndependent Auditor’s ReportAudited Financial StatementsConsolidated:Statement of Profit or Loss and Other Comprehensive IncomeStatement of Financial PositionStatement of Changes in EquityStatement of Cash FlowsNotes to the Consolidated Financial StatementsFinancial SummaryCONTENTS目錄 CORPORATE INFORMATION公司資料 2首都創投有限公司CAPITAL VC LIMITED董事會執行董事孔凡鵬先生陳昌義先生獨立非執行董事李明正先生黎歡彥女士張偉健先生審核委員會張偉健先生（主席）李明正先生黎歡彥女士薪酬委員會李明正先生（主席）黎歡彥女士張偉健先生提名委員會李明正先生（主席）黎歡彥女士張偉健先生公司秘書陳乙晴女士授權代表陳昌義先生陳乙晴女士投資管理人恒大證券（香港）有限公司*香港灣仔告士打道38號中國恒大中心20樓2004-06室中國光大證券（香港）有限公司#香港銅鑼灣希慎道33號利園一期24樓主要往來銀行香港上海滙豐銀行有限公司恒生銀行有限公司BOARD OF DIRECTORS Executive DirectorsMr. Kong Fanpeng Mr. Chan Cheong YeeIndependent Non-executive DirectorsMr. Lee Ming GinMs. Lai Fun YinMr. Cheung Wai KinAUDIT COMMITTEEMr. Cheung Wai Kin (Chairman)Mr. Lee Ming GinMs. Lai Fun YinREMUNERATION COMMITTEEMr. Lee Ming Gin (Chairman)Ms. Lai Fun YinMr. Cheung Wai KinNOMINATION COMMITTEEMr. Lee Ming Gin (Chairman)Ms. Lai Fun YinMr. Cheung Wai KinCOMPANY SECRETARYMs. Chan Yuet ChingAUTHORISED REPRESENTATIVESMr. Chan Cheong YeeMs. Chan Yuet ChingINVESTMENT MANAGEREvergrande Securities (Hong Kong) Limited*Room 2004-06, 20/F, China Evergrande Centre38 Gloucester Road, WanchaiHong KongChina Everbright Securities (HK) Limited#24th Floor, Lee Garden One33 Hysan Avenue, Causeway BayHong KongPRINCIPAL BANKERSThe Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedCORPORATE INFORMATION公司資料 * appointed as investment manager on 8 December 2020# ceased to act as investment manager on 1 December 2020* 於二零二零年十二月八日獲委任為投資管理人# 於二零二零年十二月一日不再擔任投資管理人 CORPORATE INFORMATION公司資料 3Annual Report 2020/21 年報核數師德博會計師事務所有限公司香港上環德輔道中322號西區電訊大廈22樓2201室香港股份過戶登記處卓佳登捷時有限公司香港皇后大道東183號合和中心54樓註冊辦事處Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands香港主要營業地點 香港皇后大道中18號新世界大廈1期23樓2302室公司網址www.capital-vc.com股份代號02324AUDITORD & PARTNERS CPA LIMITED2201, 22/F, West Exchange Tower322 Des Voeux Road CentralSheung WanHong KongHONG KONG SHARE REGISTRAR AND TRANSFER OFFICETricor Tengis LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong KongREGISTERED OFFICECricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsPRINCIPAL PLACE OF BUSINESS IN HONG KONGRoom 2302, 23rd FloorNew World Tower I18 Queen’s Road CentralHong KongWEBSITEwww.capital-vc.comSTOCK CODE02324 EXECUTIVE DIRECTORS’ STATEMENT執行董事報告書 4首都創投有限公司CAPITAL VC LIMITED本人謹此代表首都創投有限公司（以CNI VC Limited名稱在香港經營業務）（「本公司」）及其附屬公司（合稱「本集團」）之董事會（「董事會」），欣然提呈本集團截至二零二一年九月三十日止年度（「本年度」或「二零二零╱二一年財政年度」）經審核之全年業績。業務回顧、財政年度末後發生之重大事項及前景於二零二零年，由於COVID-19的爆發，全球投資市場經歷二零零八年雷曼兄弟破產以來最大的危機。恆生指數由二零二零年一月的峰值29,056點急劇下跌，於二零二零年三月跌至兩個月內的最低值21,696點。包括中國和美國在內的許多國家均已採取封鎖及隔離政策，業務活動受到重大影響。於二零二一年初，隨著COVID-19疫苗的推出，形勢發生了變化。市場預計COVID-19疫情即將結束。恆生指數由二零二零年九月三十日的23,459點上升至二零二一年二月的31,000點以上。隨著中美關係相對緊張及COVID-19新變異病毒的持續發展，二零二一年第二及第三季度香港股市的表現不如第一季度，於二零二一年九月三十日，恆生指數下跌，收報24,575點。儘管處於如此波動的市場環境，本集團之上市證券表現令人滿意。本集團之上市投資表現由截至二零二零年九月三十日止年度之虧損約61,000,000港元轉虧為盈至本年度的收益約53,400,000港元。On behalf of the board of directors (the “Board”) of Capital VC Limited (carrying on business in Hong Kong as CNI VC Limited) (the “Company”) and its subsidiaries (collectively the “Group”), it is my pleasure to present you the Group’s audited annual results for the year ended 30 September 2021 (the “Year” or “Fiscal Year 2020/21”).BUSINESS REVIEW, IMPORTANT EVENTS OCCURRED AFTER THE END OF FINANCIAL YEAR AND PROSPECTIn Year 2020, the global investment market has experienced the largest crisis since the bankruptcy of Lehman Brothers in Year 2008, which is due to the outbreak of COVID-19. Hang Seng Inde