
CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE “STOCKEXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higherinvestment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be awareof the potential risks of investing in such companies and should make the decision to invest only after due and carefulconsideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded onGEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange andno assurance is given that there will be a liquid market in the securities traded on GEM. This report, for which the directors (the “Directors”) of Millennium Pacific Group Holdings Limited (the “Company”) collectively andindividually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM ofthe Stock Exchange (the “GEM Listing Rules”) for the purpose of giving information with regard to the Company. The Directors, havingmade all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this report is accurateand complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would makeany statement herein or this report misleading. GEM GEM GEMGEMGEM GEMGEM The board of Directors (the “Board”) of the Company is pleased to presentthe unaudited condensed consolidated results of the Company and itssubsidiaries (collectively referred to as the “Group”) for the six monthsended 30 June 2024 together with the unaudited comparative figures for thecorresponding periods in 2023 as follows: Unaudited Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income For the six months ended 30 June 2024 Unaudited Condensed Consolidated Statement of Changes in Equity For the six months ended 30 June 2024 Unaudited Condensed Consolidated Statements of Cash Flows未經審核簡明綜合現金流量表 For the six months ended 30 June 2024 Notes to the Unaudited Condensed Consolidated Financial Statements 1.GENERAL INFORMATION 1. The Company was incorporated in the Cayman Islands as an exemptcompany with limited liability under the Company Law, Cap 22 (Law3 of 1961, as consolidated and revised) of the Cayman Islands on10 September 2013. The address of its registered office is Windward3, Regatta Office Park, P.O. Box 1350, Grand Cayman KY1-1108,Cayman Islands. The address of its principal place of business islocated at A709-A22, 7/F., Block A, Jiangsu Building, 6013 YitianRoad, Fuxin Community, Lianhua Street, Futian District, Shenzhen,Guangdong Province, the People’s Republic of China (the “PRC”). Theprincipal place of its business in Hong Kong is located at Unit 5, 4/F, Energy Plaza No. 92 Granville Road Tsim Sha Tsui East, Kowloon,Hong Kong. The shares of the Company (the “Shares”) are listed onGEM of the Stock Exchange since 18 July 2014. 22Windward 3, Regatta Office Park, P.O. Box1350, Grand Cayman KY1-1108, Cayman Islands6013A7 A709-A229245GEM The Company is an investment holding company. The principal activitiesof its subsidiaries are research and development, manufacture, sale ofelectronic devices and provision of application software developmentand online information and digital marketing services. 2. 2.BASIS OF PRESENTATION 34GEM The unaudited condensed consolidated financial statements of theGroup have been prepared in accordance with Hong Kong AccountingStandard 34 “Interim Financial Reporting” issued by the Hong KongInstitute of Certified Public Accountants (the “HKICPA”) and theapplicable disclosures required by the Rules Governing the Listing ofSecurities on GEM of the Stock Exchange. The unaudited condensed consolidated financial statements of theGroup are presented in Hong Kong dollars, which is the functionalcurrency of the Company. The unaudited condensed consolidated results of the Group for thesix months ended 30 June 2024 do not include all the information anddisclosures required in the annual financial statements of the Groupand should be read in conjunction with the consolidated financialstatements of the Group for the year ended 31 December 2023 (the“2023 Consolidated Financial Statements”). The accounting policiesand methods of computation used in the preparation of the unauditedcondensed consolidated results are consistent with those used in the2023 Consolidated Financial Statements, except for those new andrevised HKFRSs and interpretation issued by the HKICPA that areadopted for the first time in the unaudited condensed consolidatedfinancial statements for the six months ended 30 June 2024. Theadoption of these new and revised HKFRSs had no significant effectson the results and financial position of the Group for the current a