天鸽互动年度报告2023

Contents目錄 02Company Overview03Corporate Information06Financial Highlights08Chairman’s Statement12Management Discussion and Analysis27Financial Summary28Biographical Details of Directors and Senior Management34Report of the Directors99Corporate Governance Report121Glossary122Independent Auditor’s Report130Consolidated Financial Statements138Notes to the Consolidated Financial Statements Company O verview 關於天鴿 ABOUT TIAN GE Tian Ge Interactive Holdings Limited (the “Company”, “We” or “Tian Ge”)was founded in Hangzhou, China in 2008 with its shares listed on The StockExchange of Hong Kong Limited (the “Stock Exchange”) (the “Listing”) onJuly 9, 2014 (the “Listing Date”). 本公司我們天鴿上市日期聯交所上市 本集團 The Company and its subsidiaries (collectively the “Group”) operate anumber of renowned “many-to-many” and “one-to-many” live social videocommunities. Tian Ge has launched a series of live streaming mobileapplication in the domestic market and has also entered into the overseasmarkets, including Thailand and Indonesia, etc. The wide acceptance of livestreaming mobile applications allows Tian Ge to capture the opportunitiesarising from the growing demand for mobile entertainment globally. TianGe’s good track record in the domestic live social video business empowersits growth into the overseas markets, and the overseas markets arebecoming the main growth engine for the Group’s live social video business. Corporate Information 董事會 BOARD OF DIRECTORS 執行董事 Executive DirectorsMr. Fu Zhengjun(Chairman)Mr. Mai Shi’en 非執行董事 Non-executive DirectorsMr. Xiong XiangdongMs. Cao Fei 獨立非執行董事 Independent Non-executive Directors Mr. Tse Ming Lun AlanMr. Wang MingchunMr. Chan Wing Yuen Hubert 首席執行官 CHIEF EXECUTIVE OFFICER Mr. Zhao Weiwen 公司秘書 COMPANY SECRETARY Ms. Ng Sau Mei 授權代表 AUTHORISED REPRESENTATIVES Mr. Fu ZhengjunMs. Ng Sau Mei 審核委員會 AUDIT COMMITTEE Mr. Tse Ming Lun Alan(Chairman)Mr. Wang MingchunMr. Chan Wing Yuen Hubert 薪酬委員會 REMUNERATION COMMITTEE Mr. Wang Mingchun(Chairman)Mr. Chan Wing Yuen HubertMr. Xiong Xiangdong 提名委員會 NOMINATION COMMITTEE Mr. Fu Zhengjun(Chairman)Mr. Tse Ming Lun AlanMr. Wang Mingchun Corporate Information ( continued) 註冊辦事處 REGISTERED OFFICE Grand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205Cayman Islands Grand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205Cayman Islands 總部 HEADQUARTERS 13-14/FIntime City Tower EGongshu DistrictHangzhou, PRC E13-14 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 31/F, Tower Two, Times Square1 Matheson StreetCauseway BayHong Kong 131 證券登記總處及過戶代理 PRINCIPAL SHARE REGISTRAR AND TRANSFER AGENT Offshore Incorporations (Cayman) LimitedGrand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205Cayman Islands Offshore Incorporations (Cayman) LimitedGrand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205Cayman Islands 香港股份登記處 HONG KONG SHARE REGISTRAR Link Market Services (Hong Kong) Pty LimitedSuite 1601, 16/F, Central Tower28 Queen’s Road CentralCentralHong Kong Link Market Services (Hong Kong) Pty Limited28161601 法律顧問 LEGAL ADVISERS 825 DLA Piper Hong Kong25th Floor, Three Exchange Square8 Connaught PlaceCentralHong Kong 核數師 AUDITOR 22 PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong 股份代碼 STOCK CODE 19801980 公司網址www.tiange.com COMPANY’S WEBSITE www.tiange.com 主要往來銀行 PRINCIPAL BANKERS China Merchants BankOffshore Banking Department19/F, China Merchants Bank TowerNo. 7088 Shennan BoulevardShenzhen, Guangdong, PRC 708819 1221 China Merchants BankHong Kong Branch21/F, Bank of America Tower12 Harcourt RoadCentral, Hong Kong Financial Highlights 財務摘要 (1) (1)As the Group incurred losses for the year ended December 31, 2023and 2022, the potential dilutive effect pursuant to any exercise of theoutstanding share options was not included in the calculation of dilutedloss per share as their inclusion would be anti-dilutive. (2)非國際財務報告準則 (2)Adjusted net loss was derived from the net loss for the period excludingthe effect of non-cash share-based compensation expenses, amortizationand impairment of intangible assets arising from acquisitions, impairmentprovision of goodwill and income tax effects of non-International FinancialReporting Standards (“non-IFRS”) adjustments. (3)Adjusted LBITDA was derived from the operating loss for the period,excluding the effect of non-cash share-based compensation expenses,amortization and impairment of intangible assets arising from acquisitions,impairmentprovision of goodwill and depreciation and amortizationexpenses. (3)LBITDA Chairman’s S tatement Dear Shareholders, On behalf of the board of directors (the “Directors”) (the “Board”) andmanagement of Tian Ge, I am pleased to present the 2023 annual report ofthe Group. 董事董事會 報告期 For the year ended December 31, 2023 (the “Reporting Period”), the Groupexpanded into international social networkin