中国宝力科技中期报告 2023

INTERIM REPORT中期報告2023 CONTENTS 2Corporate Information 4Management Discussion and Analysis16Other Information22Unaudited Condensed Consolidated Statement ofProfit or Loss23Unaudited Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income24Unaudited Condensed Consolidated Statement ofFinancial Position26Unaudited Condensed Consolidated Statement ofChanges in Equity27Unaudited Condensed Consolidated Statement ofCash Flows28Notes to the Unaudited Condensed ConsolidatedInterim Financial Statements47Glossary Corporate Information BOARD OF DIRECTORS Executive Directors: Mr. Wang Bin(Chairman)Mr. Zhang Yi(Vice Chairman)Ms. Chu Wei Ning(Chief Executive Officer)Ms. Lam Sze Man Independent Non-executive Directors: Mr. Chan Fong Kong, FrancisMr. Chan Kee Huen, MichaelMr. Feng Man AUDIT COMMITTEE Mr. Chan Kee Huen, Michael(Chairman)Mr. Chan Fong Kong, FrancisMr. Feng Man REMUNERATION COMMITTEE Mr. Chan Fong Kong, Francis(Chairman)Mr. Chan Kee Huen, Michael NOMINATION COMMITTEEMr. Chan Kee Huen, Michael(Chairman)Mr. Chan Fong Kong, Francis COMPANY SECRETARYMs. Huen Lai Chun AUTHORISED REPRESENTATIVESMs. Chu Wei NingMs. Huen Lai Chun PRINCIPAL BANKERChina Citic Bank International Limited LEGAL ADVISERBermuda:Conyers Dill & Pearman AUDITOR Mazars CPA LimitedCertified Public Accountants, Hong KongRegistered Public Interest Entity Auditor, Hong Kong42nd Floor, Central Plaza18 Harbour RoadWanchai, Hong Kong 1842 Corporate Information (continued) REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM11Bermuda Clarendon House2 Church StreetHamilton HM11Bermuda PRINCIPAL PLACE OF BUSINESS IN HONG KONG 248373706–3708 Suites 3706–08, 37th FloorDah Sing Financial Centre248 Queen’s Road EastWanchaiHong Kong BERMUDA PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE MUFG Fund Services (Bermuda) Limited4th Floor NorthCedar House41 Cedar AvenueHamilton HM12Bermuda MUFG Fund Services (Bermuda) Limited4th Floor NorthCedar House41 Cedar AvenueHamilton HM12Bermuda HONG KONG BRANCH SHARE REGISTRAR AND TRANSFEROFFICE 1617 Tricor Secretaries Limited17th Floor, Far East Finance Centre16 Harcourt RoadHong Kong PLACE OF LISTING Main Board of The Stock Exchange of Hong Kong Limited 164 STOCK CODE164 Management Discussion and Analysis BUSINESS REVIEW TheGroup is principally engaged in the multi-media technologiesandconvergence media business as well as the dry grinding and drybeneficiationbusiness(the“DGDBBusiness”).Theconvergence mediamarkethas encountered significant challenges in 2023 during the postCOVIDand economic recovery period,which caused uncertainties toeconomic outlook and affected consumption demand. KOL Despite these challenges, the Group has shown resilience and continuedefforts to integrate and transform its convergence media business. Duringtheperiod under review,the Group focused on e-commerce,brandmanagementand event management businesses to enhance clients’brandsand increase sales.The Group offered comprehensive services,such as developing marketing strategies, operating self-media and socialmedia operations on behalf of clients, and optimization of online salesthrough live streaming services and collaboration with key opinion leader(s)(“KOL(s)”). Inaddition,the Group has also focused on capturing its technologyadvancementsin the iron ore dry grinding and dry beneficiationtechnologies(the“DGDBTechnologies”).Ithas established businesscollaborationswith various technology partners,as well as majorinternational and mainland iron ore or steel mill players, to accelerate thetechnological and business development of the DGDB Technologies. 25,623,00030,163,0006,184,0002,337,00012,210,00013,376,000 Forthe six months ended 30 September 2023,the Group reported arevenue from operations of approximately HK$25,623,000, as comparedto HK$30,163,000 for the same period last year. The Group’s gross profitdecreased to HK$2,337,000, as compared to HK$6,184,000 for the sameperiod of the previous year. The loss for the period slightly decreased toHK$12,210,000, as compared to HK$13,376,000 for the same period lastyear. Inthe period under review,the business environment was challengingwith reduced market liquidity and difficulties for companies in traditionalfund-raising activities. The tightening financial conditions also diminishedinvestorappetite for investment.These unfavorable market conditionsadversely affected the Company’splans to raise capital for its businessdivisions. In response, the Company’s management actively explored thepossibilitiesfor alternative financing options to strengthen the financialresources of the Group. Multi-media Technologies and Convergence Media Business 25,623,00030,163,000 The multi-media technologies and convergence media business recordeda revenue of approximately HK$25,623,000 for the six months ended 30September 2023 (30 September 2022: approximately HK$30,163,000). KOLKOL The Group has built up a professional team dedicated to the co