民商创科中期报告2024

2024INTERIM REPORT中期報告 CONTENTS Other information19 Independent Practitioner’s Report on Review of Condensed Consolidated Interim Financial Information24 Condensed Consolidated Interim Statement of Comprehensive Income27 Condensed Consolidated Interim Statement of Financial Position29 Condensed Consolidated Interim Statement of Changes in Equity31 Condensed Consolidated Interim Statement of Cash Flows32 CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. WU Jiangtao(Chairman)Mr. TAO Jingyuan(Chief Executive Officer)Mr. LAI Xiaopeng Michael INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. CHOI Tze Kit, SammyMr. CHEUNG MiuMr. CHEUNG Pak To COMPANY SECRETARYMs. KWAN Sau In AUTHORISED REPRESENTATIVES Mr. LAI Xiaopeng MichaelMs. KWAN Sau In AUDIT COMMITTEE Mr. CHOI Tze Kit, Sammy(Chairman)Mr. CHEUNG MiuMr. CHEUNG Pak To REMUNERATION COMMITTEE Mr. CHEUNG Miu(Chairman)Mr. WU JiangtaoMr. CHEUNG Pak To NOMINATION COMMITTEE Mr. WU Jiangtao(Chairman)Mr. CHEUNG MiuMr. CHEUNG Pak To REGISTERED OFFICE Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HEADQUARTERS AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 89424201 Unit 4201, 42/FTower One Lippo Centre89 Queensway, Admiralty, Hong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong PRINCIPAL BANKERSChina Minsheng Banking Corp., Ltd 1632 STOCK CODE www.minshangct.com WEBSITEwww.minshangct.com MANAGEMENT DISCUSSION ANDANALYSIS BUSINESS REVIEW 2024930(i)(ii)(iii) During the six months ended 30 September 2024 (the “Period”),Minshang Creative Technology Holdings Limited (the “Company”,together with its subsidiaries, the “Group”), had the following principalbusinesses: (i) trading business; (ii) information technology (“IT”)solution business; and is dedicated to develop (iii) renewable energytechnology business. Trading Business B2B3C During the Period, a wholly owned subsidiary,(“Minshang Ningbo”) in the People’s Republic ofChina (the “PRC”), positioned itself in B2B business with a focus onoffering 3C electronic products, frozen foods and grain & oil products.Minshang Ningbo sourced from manufacturers or wholesalers locatedin the PRC and sold to distributors. Minshang Ningbo made its procurement and sales according tomarket trends and needs, such as the newly released new modelsmartphones, and sold the products to distributors at a correspondingpremium. Distributors are usually local entities which lack an extensivesupplier network. Procuring related products through MinshangNingbo would have certain advantages in terms of price and form acirculation in a large scale. IT Solution Business (i)(ii) During the Period, the Group operates its IT solution business in thePRC through (i)(“QianhaiMinshang”) and (ii)(“ChangjingWanxiang”). (I) (I)IT solution business of Qianhai Minshang B(i)(ii)(iii) Qianhai Minshang aims to provide digital solutions for industrialupgrading and digital solutions for customer marketing to itsB-end customers. Its customers include real estate developers,banks and financial institutions, and other institutions. QianhaiMinshang is primarily engaged in the following businesses: (i)providing customer acquisition solutions to banks and financialinstitutions, encompassing credit assessment, risk controlmanagement and operational support. By leveraging on ourintelligent operational solutions, these institutions can moreeffectively manage their customer relationships and sales andmarketing work on their retail customers. By leveraging onour intelligent risk control solutions, banks can achieve moreaccurate risk assessment and process automation, therebyfurther reducing credit risks and costs in the operation of retailbanking business; (ii) offering partner marketing systems toreal estate developers. By leveraging on our advanced digitaltechnologies, we help real estate developers in effectivelymanaging their part-time sales persons and various saleschannels, motivating enthusiasm and innovation of salespersons to the utmost extent while ensuring standardizedoperation, expanding their online and offline sales channels,thereby improving sales efficiency and achieving targetson sales growth; and (iii) providing customized technologydevelopment services to other institutions. (II) (II)IT solution business of Changjing Wanxiang SaaS Changjing Wanxiang has been principally engaged in theprovision and design of SaaS systems and IT solution servicesto its customers including financial institutions and merchantsranging from the retail, food and beverage,