云游控股2023中期报告

(Incorporated in the Cayman Islands with Limited Liability)Stock Code : 00484 Interim Report2023 Contents 2Corporate Information6Financial Highlights8Management Discussion and Analysis19Corporate Governance and Other Information27Independent Review Report29Unaudited Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income31Unaudited Condensed Consolidated Statement ofFinancial Position33Unaudited Condensed Consolidated Statement ofChanges in Equity34Unaudited Condensed Consolidated Statement ofCash Flows36Notes to the Unaudited Condensed ConsolidatedFinancial Statements61Definitions Corporate Information BOARD OF DIRECTORS Executive Directors Mr. CUI Yuzhi(Chairman)Mr. ZHU Liang(Chief Financial Officer) Non-executive Director Mr. HAN Jun Independent Non-executive Directors Mr. WONG Chi KinMr. LU XiaomaMr. JI Yong AUDIT AND COMPLIANCE COMMITTEE Mr. WONG Chi Kin(Chairman)Mr. JI YongMr. LU Xiaoma REMUNERATION COMMITTEE Mr. JI Yong(Chairman)Mr. HAN JunMr. WONG Chi Kin Corporate Information公司資料 NOMINATION COMMITTEE Mr. CUI Yuzhi(Chairman)Mr. JI YongMr. LU Xiaoma CORPORATE GOVERNANCE COMMITTEE Mr. WONG Chi Kin(Chairman)Mr. JI YongMr. CUI Yuzhi AUTHORISED REPRESENTATIVES Mr. CUI YuzhiSir KWOK Siu Man KR COMPANY SECRETARY Sir KWOK Siu Man KR LEGAL ADVISORS Stevenson, Wong & Co.AllBright Law Offices Corporate Information REGISTERED OFFICE Osiris International Cayman LimitedSuite #4-210, Governors Square23 Lime Tree Bay AvenueP.O. Box 32311Grand Cayman KY1-1209, Cayman Islands The offices of Osiris International Cayman LimitedSuite #4-210, Governors Square23 Lime Tree Bay AvenueP.O. Box 32311Grand Cayman KY1-1209, Cayman Islands CORPORATE HEADQUARTERS A1106 Room 1106, Block A Phase IInnovation Technology PlazaTianan Digital CityFutian District, ChegongmiaoShenzhenChina PRINCIPAL PLACE OF BUSINESS IN HONG KONG Unit 6, 1/F, Trust Centre912 Cheung Sha Wan RoadLai Chi KokKowloonHong Kong 91216 AUDITOR ZHONGHUI ANDA CPA Limited HONG KONG BRANCH SHARE REGISTRAR 慤1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong The Hongkong and Shanghai Banking Corporation Limited, Hongkong branch www.forgame.com www.forgame.com STOCK CODE ON THE MAIN BOARD OF THE STOCK EXCHANGEOF HONG KONG LIMITED Financial Highlights UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFPROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME RevenueGross profit(Loss)/profit for the period Notes: (2)The Group defines adjusted EBITDA as EBITDA excluding investment relatedgains or losses and non-recurring events. For details of EBITDA and adjustedEBITDA, please refer to the section headed “Management Discussion andAnalysis – Non-IFRSs Measures – EBITDA and Adjusted EBITDA” in this interimreport. Financial Highlights Management Discussion and Analysis BUSINESS REVIEW In the first half of 2023, global economic growth slowed, the prospects foreconomic recovery remained bleak due to factors such as the prolongedCOVID-19 epidemic, the Ukraine crisis, climate change and high inflation.In the first half of the year, the Chinese economy faced new difficulties andchallenges, mainly due to weak domestic demand and a significant declinein external demand due to global supply chain structural changes. Someenterprises were in operational difficulties, with many risks and hiddendangers in key areas, and the external environment was complex and severe.After the lifting of restrictions on the COVID-19 epidemic, the economicrecovery will need to go through a wave-like development and a tortuousprocess. The economic recovery is uneven and market demand is stillinsufficient. Our Group’s business operations still face complex and severeeconomic environment and market challenges. Under the guidance of the Board, the Group actively responded to changesin the market competition, and continued to stabilize and sustain thedevelopment of its online game business. The Group actively explored andexpanded the development and utilization of new games, actively exploredthe structure of electronic trade products to seek breakthroughs, acceleratedthe layout and development of innovative transformation business andintegrated resources to strengthen operation management and promoteinnovative development. I n t h e f i r s t h a l f o f 2 0 2 3, t h e G r o u p r e c o r d e d a t o t a l r e v e n u e o fapproximately RMB23.4 million, representing a decrease of 32.3% comparedto the same period of last year. 23.432.3% Management Discussion and Analysis FIRST HALF OF 2023 COMPARED TO FIRST HALF OF 2022 The following table sets forth the Group’s income statement for the sixmonths ended 30 June 2023 as compared to the six months ended 30 June2022. Management Discussion and Analysis 34.532.3%23.4 Revenue. Revenue decreased by approximately 32.3% to RMB23.4 millionfor the six months ended 30 June 2023 from RMB34.5 million for the sixmonths ended 30 June 2022. The following table sets forth