文化传信中期报告 2024/2025

2024 - 2025Interim Report 公司資料 CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Kwan Kin Chung(Managing Director)Mr. Yuen Kin (resigned on 6 May 2024) NON-EXECUTIVE DIRECTORS Mr. Wong Kon Man Jason(Chairman)Dr. Liu Ka Ying Rebecca(Vice Chairman) INDEPENDENT NON-EXECUTIVEDIRECTORS Mr. Wong Kwan KitMr. Mung Yat LikMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Fung Ting Ho (appointed on 31 July 2024) CHIEF EXECUTIVE OFFICER Dr. Liu Hin Wang Leris COMPANY SECRETARY Ms. Lee Yuk Ping CORPORATE GOVERNANCECOMMITTEE Mr. Kwan Kin ChungMr. Wong Kon Man JasonMr. Yue Chi Wing AUDIT COMMITTEE Mr. Wong Kwan KitMr. Mung Yat LikMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Fung Ting Ho (appointed on 26 September2024)Mr. Wong Kon Man Jason (appointed on 6 May2024 and resigned on 26 September 2024) REMUNERATION COMMITTEE Mr. Wong Kwan KitMr. Fan Chun Wah Andrew(resigned on 6 May 2024)Mr. Kwan Kin ChungMr. Mung Yat Lik (appointed on 6 May 2024) NOMINATION COMMITTEE Mr. Fung Ting Ho(appointed on 26 September 2024)Mr. Wong Kwan KitMr. Mung Yat Lik (appointed on 6 May 2024)Mr. Kwan Kin Chung(resigned on 26 September 2024)Mr. Fan Chun Wah Andrew(resigned on 6 May 2024) PRINCIPAL BANKERS The Hongkong and Shanghai BankingCorporation Limited Appleby SOLICITORS Michael Li & Co.Appleby AUDITOR 2212 Gary Cheng CPA LimitedCertified Public Accountants12th Floor, Elite Centre,22 Hung To Road,Kwun Tong, KowloonHong Kong AUTHORISED REPRESENTATIVES Mr. Kwan Kin ChungMs. Lee Yuk Ping REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda PRINCIPAL OFFICE Suite 1502, 15/F,Far East Finance Centre,16 Harcourt Road, Admiralty,Hong Kong 16151502 PRINCIPAL REGISTRAR MUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House41 Cedar AvenueHamilton HM 12Bermuda MUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House41 Cedar AvenueHamilton HM 12Bermuda BRANCH REGISTRAR 183171712-1716 Computershare Hong Kong InvestorServices LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWan ChaiHong Kong COMPANY WEBSITE www.culturecom.com.hk www.culturecom.com.hk STOCK CODE 343 343 CHAIRMAN’S STATEMENT 主席報告書 BUSINESS REVIEW 20199,355,00016.7%7,792,000 Following the COVID-19 pandemic, the overalleconomy has not yet recovered in the past twoyears and the Group continues to face a ratherchallenging operating environment. Amidst theacute business and economic environment, aswell as unstable geopolitical factors, the Groupcontinuesto focus on conserving resources,restructuring operations and taking actions tocontrol and reduce costs and expenses, whichhelps the Group to preserve its resources. Duringthe six months ended 30 September 2024, totalrevenue has decreased 16.7% from HK$9,355,000in 2023 to HK$7,792,000 in 2024. Publishing and IPs Licensing Business 7,680,0007,574,000 T h ep u b l i s h i n g a n d I P s l i c e n s i n g b u s i n e s sisstable. Revenue from this segment, wereHK$7,680,000 in 2024 and HK$7,574,000 in 2023respectively. The Company is putting more effortintopublication sales of owned IPs or underlicenses, and to broaden the scope of licensingbusiness. Otherthan IPs licensing, the Groupis planning to expand its business in the lastquarter of this fiscal year, including publishingand distribution of certain comic title. CHAIRMAN’S STATEMENT(Continued) 主席報告書（續） BUSINESS REVIEW (Continued)Digital Marketing 1,781,00093.7%112,00041 In terms of streamlining its operations, after thevoluntarywinding up and restructuring, theremainingbusiness of the digital marketingsegmentin Beijing and Guangzhou. Revenuefromthis segment has substantially reduced93.7% from HK$1,781,000 in 2023 to HK$112,000in 2024. And the total number of employees isreduced from 4 to 1. The revenue declined drastically, as the prospectof business recovering was unknown, and theoperation suffered a considerable brain drain.In scaling back the digital marketing operation,the Company is expected to retrieve and receivecash from distributions of the net assets uponcompletion of the voluntary winding up, the cashwill be retained and applied as general workingcapital of the Group. Also, our non-wholly owned subsidiary, BeijingStarEngine Information Technology Co. Ltd.(“Beijing Star Engine”), which was engagedin providing technical support and services ofourdigital marketing team to our customers,the process of voluntarily winding up are still inprogress. CHAIRMAN’S STATEMENT(Continued) 主席報告書（續） BUSINESS REVIEW (Continued) Retailing and Wholesales Business Th eG ro u p ’s p re m i u m w i n e i s p r i m a r i l y fo rconsumption by high-end consumer groups orrestaurants, mainly sold on a wholesale basis.Overall, sales are stable but subject to marketdemand, resulting in irregular income. Currently,the Group is also focused on selling the winein large lots to generate positive cash flow andmoving