FIRST CREDIT年报2023

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability) 年 報ANNUAL REPORT2023 CHARACTERISTICSOF GEM OF THE STOCK EXCHANGE OF HONGKONG LIMITED (“STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companiesto which a higher investment risk may be attached than other companies listed on the StockExchange. Prospective investors should be aware of the potential risks of investing in suchcompanies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, thereis a risk that securities traded on GEM may be more susceptible to high market volatility thansecurities traded on the Main Board and no assurance is given that there will be a liquid marketin the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contentsof this annual report, make no representation as to its accuracy or completeness and expressly disclaim anyliability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of thecontents of this annual report. Thisannual report,for which the directors(“Directors”)ofFirst Credit Finance Group Limited(“Company”) collectively and individually accept full responsibility, includes particulars given in compliancewith the Rules Governing the Listing of Securities on GEM of the Stock Exchange (“GEM Listing Rules”)for the purpose of giving information with regard to the Company. The Directors, having made allreasonable enquiries, confirm that to the best of their knowledge and belief the information contained inthis annual report is accurate and complete in all material respects and not misleading or deceptive, andthere are no other matters the omission of which would make any statement herein or this annual reportmisleading. GEM GEM GEMGEMGEM GEMGEM Contents Corporate Information3Management Discussion and Analysis6Corporate Governance Report19Biographical Details of Directors38Directors’ Report41Environmental, Social and Governance Report54Independent Auditor’s Report76Consolidated Statement of Profit or Loss and Other Comprehensive Income83Consolidated Statement of Financial Position84Consolidated Statement of Changes in Equity86Consolidated Statement of Cash Flows87Notes to the Consolidated Financial Statements89Financial Summary156 619384154768384868789156 Corporate Information BOARD OF DIRECTORSEXECUTIVE DIRECTORS Ms. Ho Yuen May May(Chief Executive Officer)Ms. Lai Szu YuMr. Lui Cheuk FungMs. Xie Si INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Choy Sze Chung Jojo (resigned on 30 November 2023)Dr. Fung Kam ManMr. Li LongMr. Wang ZhiweiMr. Wong Kin NingMr. Wong Shui Yeung (appointed on 2 February 2024) AUTHORISED REPRESENTATIVES Ms. Ho Yuen May MayMr. Wong King Sum AUDIT COMMITTEE Mr. Wong Shui Yeung(Chairman)(appointed to be a chairman on 2 February 2024)Dr. Fung Kam ManMr. Wang ZhiweiMr. Wong Kin NingMr. Choy Sze Chung Jojo (ceased to be a chairman on 30 November 2023) NOMINATION COMMITTEE Mr. Wong Kin Ning(Chairman)Mr. Choy Sze Chung Jojo (ceased to be a member on 30 November 2023) Dr. Fung Kam ManMr. Wang ZhiweiMr. Wong Shui Yeung (appointed to be a member on 2 February 2024) REMUNERATION COMMITTEE Dr. Fung Kam Man(Chairman)Mr. Choy Sze Chung Jojo (ceased to be a member on 30 November 2023) Mr. Wang ZhiweiMr. Wong Kin NingMr. Wong Shui Yeung (appointed to be a member on 2 February 2024) Corporate Information(continued) COMPLIANCE COMMITTEE Dr. Fung Kam Man(Chairman)Mr. Choy Sze Chung Jojo (ceased to be a member on 30 November 2023) Ms. Lai Szu YuMr. Wang ZhiweiMr. Wong Kin NingMr. Wong Shui Yeung (appointed to be a member on 2 February 2024) CREDIT COMMITTEE Mr. Lui Cheuk Fung(Chairman)Ms. Ho Yuen May MayMs. Lai Szu YuMs. Xie Si CREDIT REVIEW COMMITTEE Dr. Fung Kam Man(Chairman)Mr. Wang ZhiweiMr. Wong Kin Ning COMPLIANCE OFFICERMs. Lai Szu Yu COMPANY SECRETARYMr. Wong King Sum AUDITORSElite Partners CPA LimitedCertified Public Accountants Clarendon House2 Church StreetHamilton HM 11Bermuda REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda PRINCIPAL PLACE OF BUSINESS IN HONGKONG Room 1, 7/F, Yue Thai Commercial Building128 Connaught Road CentralHong Kong 12871 FIRST CREDIT FINANCE GROUP LIMITEDAnnual Report 2023 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS The Hong Kong and Shanghai Banking Corporation LimitedBank of China (Hong Kong) Limited 8215 STOCK CODE8215 www.fcfg.com.hk WEBSITE OF THE COMPANYwww.fcfg.com