华科资本年报 2022/2023

Annual Report2022 / 2023 CONTENTS目錄 •CORPORATE INFORMATION2•CHAIRMAN’S STATEMENT5•MANAGEMENT DISCUSSION AND ANALYSIS7•BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT41•DIRECTORS’ REPORT47•CORPORATE GOVERNANCE REPORT65•ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT87•INDEPENDENT AUDITOR’S REPORT151•CONSOLIDATED STATEMENT OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOME156•CONSOLIDATED STATEMENT OF FINANCIAL POSITION158•CONSOLIDATED STATEMENT OF CHANGES IN EQUITY160•CONSOLIDATED STATEMENT OF CASH FLOWS161•NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS164•FINANCIAL SUMMARY264 FORWARD-LOOKING STATEMENTS This annual report contains certain statements that areforward-looking or which use certain forward-lookingterminologies. These forward-looking statements arebased on the current beliefs, assumptions andexpectations of the Board of directors of the Companyregarding the industry and markets in which it invests.These forward-looking statements are subject to risks,uncertainties and other factors beyond the Company’scontrol which may cause actual results or performance todiffer materially from those expressed or implied in suchforward-looking statements. CORPORATE INFORMATION公司資料 BOARD OF DIRECTORSExecutive DirectorDr. LIU Zhiwei 執行董事 非執行董事 Non-executive DirectorsDr. WANG Qin(appointed on 31 May 2023)Dr. FU WeigangDr. WANG Shibin Independent Non-executive Directors 獨立非執行董事 Mr. CHEN YumingMr. YAN XiaotianMr. ZHAO Kai CHIEF EXECUTIVE OFFICERDr. QIAO Bingya AUDIT COMMITTEEMr. CHEN Yuming(Chairman)Mr. YAN XiaotianMr. ZHAO Kai REMUNERATION COMMITTEEMr. ZHAO Kai(Chairman)Mr. CHEN YumingMr. YAN Xiaotian NOMINATION COMMITTEE Dr. LIU Zhiwei(Chairman, ceased on 8 June 2023)Dr. WANG Qin(Chairman, appointed on 8 June 2023)Mr. CHEN YumingMr. YAN XiaotianMr. ZHAO Kai CORPORATE INFORMATION公司資料 CORPORATE GOVERNANCE COMMITTEE Mr. YAN Xiaotian(Chairman)Mr. CHEN YumingMr. ZHAO Kai AUTHORIZED REPRESENTATIVESDr. LIU ZhiweiMs. NG Sau Lai COMPANY SECRETARYMs. NG Sau Lai INVESTOR RELATIONS CONTACT DETAILSTel: (852) 2842 9688Fax: (852) 2842 9666Email: ir@wealthking.com.hk (852) 2842 9688(852) 2842 9666ir@wealthking.com.hk INVESTMENT MANAGER Bestone Capital Limited(ceased on 30 August 2022)Fortune Asset Management Limited(appointed on 13 September 2022) AUDITOR 38223 ZHONGHUI ANDA CPA Limited23/F, Tower 2, Enterprise Square Five38 Wang Chiu RoadKowloon Bay, KowloonHong Kong PRINCIPAL REGISTRAR SMP Partners (Cayman) LimitedRoyal Bank House, 3rd Floor24 Shedden Road, P.O. Box 1586Grand Cayman KY1-1110Cayman Islands SMP Partners (Cayman) LimitedRoyal Bank House, 3rd Floor24 Shedden Road, P.O. Box 1586Grand Cayman KY1-1110Cayman Islands 1617 BRANCH REGISTRAR Tricor Abacus Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong CORPORATE INFORMATION公司資料 P.O. Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands REGISTERED OFFICEP.O. Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands PRINCIPAL PLACE OF BUSINESS Room 3910–13, 39/FCOSCO TowerGrand Millennium Plaza183 Queen’s Road CentralHong Kong 183393910–13 PRINCIPAL BANKER Shanghai Pudong Development Bank Hong Kong BranchBank SinoPacShanghai Commercial Bank LimitedChina Construction Bank Corporation Hong Kong BranchHang Seng Bank LimitedDBS Bank Limited 1140 STOCK CODEThe Stock Exchange of Hong Kong LimitedCode: 1140 WEBSITEwww.wealthking.com.hk www.wealthking.com.hk CHAIRMAN’S STATEMENT主席報告書 Dear Shareholders, Over the past year, we have witnessed turmoil and ups and downs inthe global economy. The escalation of the Russia-Ukraine conflict, theintensification of the crisis in the global supply chain, and thecontinued rise in inflation are all negative factors that haveconstrained the growth of major economies. Faced with persistenthigh inflationary pressures, developed countries led by the UnitedStates collectively started a cycle of interest rate hikes, which directlyled to a tightening of international capital liquidity and heightenedvolatility in the global financial market. Against this backdrop, China’seconomy has also been affected by factors such as repeated epidemicsand a weakening real estate market, and is facing greater downwardpressure. The production and operation of enterprises and the lives ofresidents have been impacted to varying extents. Facing the complex and severe economic situation, the Company hasalways adhered to the strategic guidance centered on “Strength,Stability, and Growth”, strictly controlled risks, and adopted arelatively conservative investment strategy. We have achieved abalance between risk and return by increasing bond investment, andhave reaped relatively stable investment returns in a turbulent marketenvironment. During the reporting period, the Group made newinvestments of approximately HK$4.908 billion, of which new debtinvestment was approximately HK$2.858 billion; total revenue wasrecorded at approximately HK$192.74 million, an increase of105.20% from approximately HK$93.93 million in