GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higherinvestment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be awareof the potential risks of investing in such companies and should make the decision to invest only after due and carefulconsideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded onGEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange andno assurance is given that there will be a liquid market in the securities traded on GEM. This report, for which the directors (the “Directors”) of Millennium Pacific Group Holdings Limited (the “Company”)collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing theListing of Securities on GEM of the Stock Exchange (the “GEM Listing Rules”) for the purpose of giving information withregard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledgeand belief, the information contained in this report is accurate and complete in all material respects and not misleading ordeceptive, and there are no other matters the omission of which would make any statement herein or this report misleading. GEM GEM GEMGEMGEM GEMGEM The board of Directors (the “Board”) of the Company is pleased to presentthe unaudited condensed consolidated results of the Company and itssubsidiaries (collectively referred to as the “Group”) for the three and sixmonths ended 30 June 2023 together with the unaudited comparative figuresfor the corresponding periods in 2022 as follows: Unaudited Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income For the three and six months ended 30 June 2023 Unaudited Condensed Consolidated Statement of Financial Position Unaudited Condensed Consolidated Statement of Changes in Equity For the six months ended 30 June 2023 Unaudited Condensed Consolidated Statements of Cash Flows For the six months ended 30 June 2023 Notes to the Unaudited Condensed Consolidated Financial Statements 1.GENERAL INFORMATION 1. The Company was incorporated in the Cayman Islands as an exemptcompany with limited liability under the Company Law, Cap 22 (Law 3of 1961, as consolidated and revised) of the Cayman Islands on 10September 2013. The address of its registered office is Windward 3,Regatta Office Park, P.O. Box 1350, Grand Cayman KY1-1108,Cayman Islands. The address of its principal place of business islocated at A709-A22, 7/F., Block A, Jiangsu Building, 6013 Yitian Road,Fuxin Community, Lianhua Street, Futian District, Shenzhen,Guangdong Province, the People’s Republic of China (the “PRC”). Theprincipal place of its business in Hong Kong is located at Unit 5, 4/F,Energy Plaza No. 92 Granville Road Tsim Sha Tsui East, Kowloon,Hong Kong. The shares of the Company (the “Shares”) are listed onGEM of the Stock Exchange since 18 July 2014. 22Windward 3, Regatta Office Park, P.O.Box 1350, Grand Cayman KY1-1108, CaymanIslands6013A7A709-A229245GEM The Company is an investment holding company. The principal activitiesof its subsidiaries are research and development, manufacture, sale ofelectronic devices and provision of application software developmentand online information and digital marketing services. 2. 2.BASIS OF PRESENTATION The unaudited condensed consolidated financial statements of theGroup have been prepared in accordance with Hong Kong AccountingStandard 34 “Interim Financial Reporting” issued by the Hong KongInstitute of Certified Public Accountants (the “HKICPA”) and theapplicable disclosures required by the Rules Governing the Listing ofSecurities on GEM of the Stock Exchange. 34GEM The unaudited condensed consolidated financial statements of theGroup are presented in Hong Kong dollars, which is the functionalcurrency of the Company. The unaudited condensed consolidated results of the Group for the sixmonths ended 30 June 2023 do not include all the information anddisclosures required in the annual financial statements of the Group andshould be read in conjunction with the consolidated financial statementsof the Group for the year ended 31 December 2022 (the “2022Consolidated Financial Statements”). The accounting policies andmethods of computation used in the preparation of the unauditedcondensed consolidated results are consistent with those used in the2022 Consolidated Financial Statements, except for those new andrevised HKFRSs and interpretation issued by the HKICPA that areadopted for the first time in the unaudited condensed consolidatedfinancial statements for the six months ended 30 June 2023. Theadoption of these new and revised HKFRSs had no significant effectson the results and financial position of the Group for the current andprior periods. 持