首都创投2022/23 年报

2022/23Annual Report年報 CONTENTS目錄 Page 2 4 7 9 20 31 40 Independent Auditor’s Report Audited Financial Statements Consolidated:Statement of Profit or Loss and Other Comprehensive IncomeStatement of Financial PositionStatement of Changes in EquityStatement of Cash Flows 79808283 85 Notes to the Consolidated Financial Statements 168 CORPORATE INFORMATION公司資料 BOARD OF DIRECTORSExecutive DirectorsMr. Kong FanpengMr. Chan Cheong Yee Independent Non-executive DirectorsMr. Lee Ming GinMs. Lai Fun YinMr. Cheung Wai Kin AUDIT COMMITTEEMr. Cheung Wai Kin(Chairman)Mr. Lee Ming GinMs. Lai Fun Yin REMUNERATION COMMITTEEMr. Lee Ming Gin(Chairman)Ms. Lai Fun YinMr. Cheung Wai Kin NOMINATION COMMITTEEMr. Lee Ming Gin(Chairman)Ms. Lai Fun YinMr. Cheung Wai Kin COMPANY SECRETARYMs. Chan Yuet Ching AUTHORISED REPRESENTATIVESMr. Chan Cheong YeeMs. Chan Yuet Ching INVESTMENT MANAGER 38202004-06 Evergrande Securities (Hong Kong) LimitedRoom 2004-06, 20/F, China Evergrande Centre38 Gloucester Road, WanchaiHong Kong PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank Limited CORPORATE INFORMATION公司資料 AUDITOR D & PARTNERS CPA LIMITEDCertified Public AccountantsRegistered Public Interest Entity Auditor2201, 22/F, West Exchange Tower322 Des Voeux Road CentralSheung WanHong Kong 322222201 HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Tengis Limited17/F, Fat East Finance Centre16 Harcourt RoadHong Kong REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG 181232302 Room 2302, 23rd FloorNew World Tower I18 Queen’s Road CentralHong Kong www.capital-vc.com WEBSITEwww.capital-vc.com 02324 STOCK CODE02324 EXECUTIVE DIRECTORS’ STATEMENT執行董事報告書 C N IVCLimited On behalf of the board of directors (the “Board”) of Capital VCLimited (carrying on business in Hong Kong as CNI VC Limited)(the “Company”) and its subsidiaries (collectively the “Group”), itis my pleasure to present you the Group’s audited annual resultsfor the year ended 30 September 2023 (the “Year” or “Fiscal Year2022/23”). BUSINESS REVIEW, IMPORTANT EVENTSOCCURRED AFTER THE END OF FINANCIAL YEARAND PROSPECT 17,22317,809 In Year 2023, the investment market in China and Hong Kongextendedthe difficult time of prior years. The tension betweenUS and China, and high interest rate ofUS Dollars continue tofrustrate the investment market. The performance ofmost stockslisted on The Stock Exchange ofHong Kong Limited (the “StockExchange”) was affected accordingly. Hang Seng index maintainedat a relative low level during the Fiscal Year 2022/23. It marked at17,223 points as at 30 September 2022 and 17,809 points as at 29September 2023, the last trading day of the Fiscal Year 2022/23. 40,900,000109,900,000 Insuch pessimistic market atmosphere, the Group’s listedsecurities performed unsatisfactorily. The loss on the Group’s listedinvestments increased from approximately HK$40.9 million in theyear ended 30 September 2022 to approximately HK$109.9 millionin the Year. EXECUTIVE DIRECTORS’ STATEMENT執行董事報告書 8%12%30,000,00033,400,00018,000,000SincereSmartInternationalLimitedSSILSSIL18,600,000SSILSSIL In connection with the Group’s unlisted investments, the Groupcontinued its focus on bonds investments, which brought constantcash flows to the Group. The Group subscribed four bonds in total.Allof these bonds are unsecured bonds, and their issuers areHong Kong listed companies. The terms ofthese four bonds arebetween one and five years and the coupon rates are between8% and 12%. During the Year, the Group redeemed a bond issuedby AMCO United Holding Limited, a Hong Kong listed company,withprincipal of HK$30 million. The principal and outstandingcoupontotaling approximately HK$33.4 million have been fullycollectedduring the Year. In addition to the above subscriptionand redemption ofthe bonds, one of the bond investments, withprincipal ofHK$18 million, was written off during the Year. Thatbond issuer is Sincere Smart International Limited (“SSIL”), whichwasa private company and dissolved in July 2023. Loss oninvestment in the bonds issued by SSIL of approximately HK$18.6million was recorded during the Year. The Group has taken legalactions against the director ofSSIL to recover the investment inthe bonds issued by SSIL. 165,800,000124,700,00030,000,000SSIL18,000,00016,100,000 The total carrying amounts ofthe bonds held by the Groupreported in the financial statements of this report decreased fromHK$165.8 million as at 30 September 2022 to HK$124.7 million asat 30 September 2023. The decrease in the value ofbonds heldby the Group is principally due to the aforesaid redemption of thebonds with principal ofHK$30 million and write-off of the bondsissued by SSIL with principal ofHK$18 million. Aggregate bondsinterest of approximately HK$16.1 million was