大禹金融2023年报

(Stock Code1073) Handling complexity effortlessly Contents目 錄 Corporate InformationChairman’s StatementBiographical Details of DirectorsManagement Discussion and AnalysisDirectors’ ReportCorporate Governance ReportEnvironmental, Social and Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFive Year Financial Summary 24613284162768183858688172 Corporate Information公司資料 董事會 BOARD OF DIRECTORS Non-Executive Directors:Mr. Kuo Jen-Hao(Chairman)Mr. Xu Haohao(appointed with effect from 31 May 2023) 非執行董事： 執行董事： Executive Directors: Mr. Lee Wa Lun, Warren(Managing Director)Mr. Lam Chi ShingMs. Li Ming 獨立非執行董事： Mr. Chan Sze ChungMr. Suen Chi WaiMr. Sum Wai Kei, Wilfred EXECUTIVE COMMITTEE 執行委員會 Mr. Lee Wa Lun, Warren(Chairman)Mr. Lam Chi ShingMs. Li Ming AUDIT COMMITTEE 審核委員會 Mr. Chan Sze Chung(Chairman)Mr. Kuo Jen-HaoMr. Xu Haohao(appointed with effect from 31 May 2023)Mr. Suen Chi WaiMr. Sum Wai Kei, Wilfred NOMINATION COMMITTEE 提名委員會 Mr. Suen Chi Wai(Chairman)Mr. Xu Haohao(appointed with effect from 31 May 2023)Mr. Chan Sze ChungMr. Sum Wai Kei, Wilfred REMUNERATION COMMITTEE 薪酬委員會 Mr. Sum Wai Kei, Wilfred(Chairman)Mr. Kuo Jen-HaoMr. Chan Sze ChungMr. Suen Chi Wai COMPANY SECRETARY 公司秘書 Mr. Lee Hon Sang 授權代表 AUTHORISED REPRESENTATIVES Mr. Lee Wa Lun, WarrenMr. Lee Hon Sang Corporate Information (Continued)公 司 資 料（ 續 ） 獨立核數師 INDEPENDENT AUDITOR BDO LimitedRegistered Public Interest Entity Auditor 主要往來銀行 PRINCIPAL BANKERS BNP Paribas Hong Kong BranchBank of Communications Co., Ltd. Hong Kong BranchOCBC Bank (Hong Kong) Limited 總部及香港主要營業地點 HEADQUARTER AND PRINCIPALPLACE OF BUSINESS INHONG KONG Room 1801, 18th FloorAllied Kajima Building138 Gloucester RoadWanchai, Hong Kong 138181801 REGISTERED OFFICE 註冊辦事處 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE 主要股份過戶登記處 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 香港股份過戶登記分處 HONG KONG BRANCH SHAREREGISTRAR AND TRANSFER OFFICE 183171712-1716 Hong Kong Registrars LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchai, Hong Kong STOCK CODE 股份代號 1073 (listed on the Main Board of The StockExchange of Hong Kong Limited) 1073 WEBSITE 網站 www.irasia.com/listco/hk/dayufinancial/ www.irasia.com/listco/hk/dayufinancial/ Chairman’s Statement主席報告 I am pleased to present the annual results of Da Yu Financial Holdings Limited (the“Company”) and its subsidiaries (collectively the “Group”) for the year ended 31December 2023. 2023 was a year of high expectation by Hong Kong investors, anticipating a marketrebound driven by economic vibrancy upon the lifting of travel restriction andquarantine policies. Hong Kong did not live up to that expectation. The lofty USDinterest rate did not help Hong Kong either as a USD pegged economy. Stockmarkets in most of the rest of the world rewarded investors handsomely. The overreliance of China’s enterprises as a supply of new listing applications in the past twodecades which dwindled with Mainland’s economic slowdown, and the withdrawalof foreign capitals dealt a double blow to Hong Kong’s capital market. Togetherwith the after effect of a systemic and massive default of loans by China’s propertydevelopers, investors’ confidence in Hong Kong capital markets dampened. Thezealous application of reverse takeover rules by The Stock Exchange of Hong KongLimited (the “Stock Exchange”) in business/asset acquisitions by listed companiesmade mid-to-small cap listed companies hesitant in sizable acquisition for fear ofbeing treated by the Stock Exchange as reverse takeovers. Despite another challenging year, the Group’s businesses in corporate finance,asset management and money lending remained profitable, other than the non-cash impairment of accounting goodwill arising from the acquisition of Yu MingInvestment Management Limited in July 2019. The stockbroking business,Morton Securities Limited, was loss making amidst a myriad of firms closingdown. Stockbroking however remains an important capability in the Group’scomprehensive financial services strategy. Some moderate cost cutting wasundertaken in the stockbroking business and the Group is committed to continue tooffer the service. DIVIDEND 股息 The board of Directors of the Company does not recommend the payment of adividend for the year ended 31 December 2023 (2022: Nil). CLOSURE OF REGISTER OF MEMBERS 暫停辦理股份過戶登記 釐定出席本公司即將舉行之股東週年大會（「股東週年大會」）並於會上發言及投票的資格 For