Audit and Governance - The Audit Committee reviewed the annual financial results for the year ended March 31, 2023[21]. - The Audit Committee held two meetings during the year to review financial results and compliance procedures[31]. - The Audit Committee includes members with appropriate professional qualifications and expertise in financial management[6]. - The Company ensures that the roles of chairman and chief executive are separate to maintain governance standards[1]. - The Nomination Committee held one meeting during the year to assess the Board's structure and diversity[18]. - The Nomination Committee is responsible for identifying suitable candidates for directors and senior management[23]. - The Company emphasizes the importance of Board diversity for enhancing performance and has adopted a Board diversity policy[26]. - The Company has a director nomination policy to ensure a balanced mix of skills and experience on the Board[34]. - The Company has made recommendations for the appointment and reappointment of directors based on merit and contribution[33]. Financial Performance - The Group recorded a significant loss for the year attributable to shareholders due to challenges in collecting receivables from clients who faced bankruptcy or deregistration[62]. - The turnover for the fiscal year ending March 31, 2023, was impacted by severe economic conditions, particularly before the gradual reopening of borders between China and Hong Kong[62]. - The financial results highlight a net loss before tax and non-controlling interests, reflecting the challenging business landscape[68]. - For the year ended 31 March 2023, the Group's turnover was approximately HK$504.7 million, representing a decrease of 41.2% compared to HK$858.5 million last year[71]. - The net loss attributable to owners of the Company for the year ended 31 March 2023 was approximately HK$333.8 million, a significant increase from HK$6.3 million last year[71]. - The impairment loss on trade and other receivables amounted to approximately HK$198.9 million, while impairment losses on loans and interest receivables and contract assets were approximately HK$59.6 million and HK$9.3 million, respectively[71]. Economic Outlook and Strategy - The Group is cautiously optimistic about economic recovery in China and Hong Kong, while also acknowledging uncertainties in the global macro environment, including military conflicts and inflationary pressures[61]. - Real estate-related services, a core business of the Group, are expected to grow steadily as China's real estate policies tend to relax demand restrictions[61]. - The Group aims to strengthen its customer base and diversify its product and service offerings as part of its main operating strategy[61]. - The Group is assessing the development direction of its financial businesses to balance risks effectively[61]. - The management is focused on stabilizing existing businesses while seeking new structural adjustments and development opportunities[61]. - The Group aims to control operational risks while exploring new opportunities to contribute to long-term business development and shareholder benefits[76]. Business Segment Performance - The turnover of the Group's finance leasing business was approximately HK$0.5 million for the year ended 31 March 2023, down from approximately HK$2.3 million in 2022[82]. - The turnover of the Group's money lending business decreased to approximately HK$7.9 million in 2023 from approximately HK$23.8 million in 2022, with an impairment loss on loans and interest receivables of approximately HK$59.6 million recorded[86]. - The securities and futures brokerage business generated a turnover of approximately HK$0.3 million in 2023, slightly down from approximately HK$0.4 million in 2022, with an impairment loss on goodwill of approximately HK$12.2 million recognized[87]. - The Group incurred a corresponding segment loss of approximately HK$55.4 million in the money lending business for the year ended 31 March 2023, compared to a loss of approximately HK$3.8 million in 2022[86]. - The Group's trading business turnover decreased to approximately HK$111.5 million for the year ended 31 March 2023, down 67.7% from approximately HK$345.6 million in 2022, with a gross profit of approximately HK$1.6 million compared to HK$5.1 million in 2022[92]. - The freight forwarding business turnover increased to approximately HK$1.8 million for the year ended 31 March 2023, up 50% from approximately HK$1.2 million in 2022, with a gross profit of approximately HK$0.6 million[95]. - The Group's property brokerage business generated turnover of approximately HK$0.8 million for the year ended 31 March 2023, compared to nil in 2022, with a gross loss of approximately HK$0.2 million[112]. - The turnover of the Group's customised technical support business increased to approximately HK$34.6 million for the year ended 31 March 2023, up 66.3% from approximately HK$20.8 million in 2022, with a segment profit of approximately HK$13.3 million[117]. Asset and Capital Management - The Group's total assets decreased to approximately HK$1,894.2 million as of 31 March 2023, down from HK$2,340.9 million in 2022[97]. - The Group's net current assets decreased to approximately HK$138.2 million as of 31 March 2023, down from HK$448.4 million in 2022[97]. - The Group's investment properties had a fair value of approximately HK$121.4 million as of 31 March 2023, down from approximately HK$129.0 million in 2022[111]. - The Group's bank balances and cash as of 31 March 2023 were approximately HK$50.1 million, an increase from approximately HK$46.0 million in 2022, with a current ratio of 1.14 compared to 1.42 in the previous year[163]. - The gearing ratio as of 31 March 2023 was approximately 0.23, slightly up from approximately 0.20 in 2022, with total borrowings and advance payments amounting to approximately HK$431.4 million compared to approximately HK$473.5 million in 2022[164]. - The Group incurred approximately HK$45.1 million in capital expenditure during the year ended 31 March 2023, significantly higher than approximately HK$13.9 million in 2022, primarily for plant and equipment in the PRC[167]. Future Plans and Opportunities - The Group plans to enter the new retail market by leveraging advanced technologies such as big data and artificial intelligence[76]. - The Group plans to expand its business into the new retail field, leveraging its experience in big data and digital-related businesses developed over the past few years[159]. - The Group aims to actively explore opportunities in international trade of commodities and frozen foods, as well as potential collaborations in the logistics sector[160]. - The Group is assessing its existing principal businesses and exploring opportunities in international trade and commodities[144]. - The Group intends to suspend its securities investment business due to the current macro environment and will carefully consider future investment opportunities[144]. - The Group plans to explore new structural adjustments and development opportunities to enhance profitability and sustainable operations, particularly in the geothermal energy sector by expanding to other regions in China[144]. Miscellaneous - There were no material acquisitions or disposals for the year ended March 31, 2023[173]. - Approximately HK$11 million from the rights issue completed on July 14, 2021, remained unused and is intended for settling unpaid investment sums to Tiandi Youdamei[174]. - The Group did not conduct any fundraising activities related to the issuance of equity securities during the year ended March 31, 2023[189]. - The Group is negotiating with the other shareholder of Tiandi Youdamei for a possible disposal of its shareholding due to lower than expected synergy effects from the investment[190].

╱ 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，亦明確表示概不就因本公佈全部或任何部份內容而產生或因 倚賴該等內容而引致之任何損失承擔任何責任。 CHINA BEST GROUP HOLDING LIMITED * 國 華 集 團 控 股 有 限 公司 （於百慕達註冊成立之有限公司） 370 （股份代號： ） 截至二零二三年三月三十一日止年度 業績公佈 國華集團控股有限公司（「本公司」）董事（「董事」）局（「董事局」）謹此公佈本公司及其附屬公司 （「本集團」）截至二零二三年三月三十一日止年度之經審核綜合業績，連同截至二零二二年三 月三十一日止年度之比較數字如下： 綜合損益及其他全面收益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 3 504,665 858,457 營業額 4 ...

(·HINA BEST 國華集團 CHINA BEST GROUP HOLDING LIMITED 國 華 集 團 控 股 有 限 公 司* (Incorporated in Bermuda with limited liability 於百慕娃註冊成立之有限公司) (Stock Code 股份代號：370) Interim Report 中期報告 * 僅供歲別 Contents 目錄 Contents 目錄 Corporate Information 2 公司資料 Chairman's Message 4 主席訊息 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 5 簡明綜合損益及其他全面收益表 Condensed Consolidated Statement of Financial Position 8 簡明綜合財務狀況表 Condensed Consolidated Statement of Changes in Equity 10 簡明綜合權益變動表 Condensed Consoli ...

(·HÍNA BEST 國華集團 CHINA BEST GROUP HOLDING LIMITED 國 華 集 團 控 股 有 限 公 司* (Incorporated in Bermuda with limited liability 於百慕娃註冊成立之有限公司) (Stock Code 股份代號：370) ANNUAL REPORT 2021/2 * 僅供識別 Contents 目錄 Contents | --- | --- | --- | |---------------------------------------------------------|--------------------------|-------| | | | 目錄 | | Corporate Information | 公司資料 | 2 | | Chairman's Message | 主席訊息 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 6 | | Corporate Governance Report | 企業管治報告 | 19 | | Environm ...

(·HÍNA BEST 國華集團 CHINA BEST GROUP HOLDING LIMITED 國 華 集 團 控 股 有 限 公 司* (Incorporated in Bermuda with limited liability 於百慕娃註冊成立之有限公司) (Stock Code 股份代號：370) Interim Report 中期報告 2021 * 僅供歲別 Contents 目錄 Contents 目錄 Corporate Information 2 公司資料 Chairman's Message 4 主席訊息 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 5 簡明綜合損益及其他全面收益表 Condensed Consolidated Statement of Financial Position 8 簡明綜合財務狀況表 Condensed Consolidated Statement of Changes in Equity 10 簡明綜合權益變動表 Condensed Co ...

←HÍÑA BEST 國華集團 CHINA BEST GROUP HOLDING LIMITED 國 華 集 團 控 股 有 限 公 司* (Incorporated in Bermuda with limited liability 於百慕娃註冊成立之有限公司) (Stock Code 股份代號：370) Annual Report 2020/21 # * 僅供歲別 Contents 目錄 國華集團控股有限公司 2020/21年報 | --- | --- | --- | |--------------------------------------------------------------------------|--------------------------|---------------| | | | Contents 目錄 | | Corporate Information | 公司資料 | 2 | | Chairman's Message | 主席訊息 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 6 | | Corpor ...

(·HÍNA BEST 國華集團 CHINA BEST GROUP HOLDING LIMITED 國 華 集 團 控 股 有 限 公 司* (Incorporated in Bermuda with limited liability 於百慕逵註冊成立之右限公司) (Stock Code 股份代號：370) Annual Report 2019年韩 * 懂供識別 Contents 目錄 國華集團控股有限公司 2019年報 | --- | --- | --- | |------------------------------------------------|--------------------------|----------| | | | Contents | | | | 目錄 | | | | | | Corporate Information | 公司資料 | 2 | | Chairman's Message | 主席訊息 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 6 | | Corporate Governance Repor ...

CHINA BEST (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號：370) ANNUAL REPORT 2018 年報 僅供識別 Contents 目錄 國華集團控股有限公司 2018年報 | --- | --- | --- | |--------------------------------------------------------------------------|--------------------------|-----------------| | | | Contents \n目錄 | | Corporate Information | 公司資料 | 2 | | Chairman's Message | 主席訊息 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 6 | | Corporate Governance Report | 企業管治報告 | 15 | | Environmental, Social ...