2024 ANNUAL REPORT 年報 GOLD PAC GROUP LIMITED 金 邦 達 寶 控 股 有 限 公 司 ANNUAL REPO RT 2024 年 報 嘉 CONTENTS 目錄 2 Corporate Information 企業資料 5 Financial Highlights 財務摘要 6 2024 Major Events 2024年大事記 8 Chairman's Statement 主席報告 11 Management Discussion and Analysis 管理層討論及分析 26 Directors and Senior Management 董事及高級管理層 38 Environmental, Social and Governance Report 環境、社會及管治報告 104 Report of Directors 董事會報告 158 Corporate Governance Report 企業管治報告 183 Independent Auditor's Report 獨立核數師報告 195 Consolidated Statement of Profit ...

Summary of Conference Call Company Overview - The conference call was held by Jin Guang Da, which has maintained profitability for over 30 years and continues to do so in 2024 despite a slight decline compared to previous years. The company aims to undergo a comprehensive transformation and rejuvenate its workforce [1][5]. Core Industry Insights - The banking industry is facing challenges, with a notable decline in credit card issuance, which has decreased for nine consecutive quarters by approximately 0.5% to 1.5%. Conversely, the total amount of credit card debt overdue for six months has increased for eight consecutive quarters [6][7]. - Consumer confidence in China is at a ten-year low, impacting the overall economic environment and putting pressure on the company's operations [6]. Strategic Shifts - The company is shifting its strategy from merely providing services based on banks' needs to actively transforming the ecosystem to better serve consumers and banks [1][2]. - The introduction of a new platform allows consumers to purchase credit cards directly, changing the previous model where banks issued cards without targeting specific customers [2][3]. Financial Performance - For 2024, the company expects revenue of approximately 1.1 billion, with a net profit of 50 million. Revenue from mainland China is projected to decline by about 10.8%, while overseas revenue is expected to drop significantly by 63.5% due to extended procurement cycles and geopolitical risks [9][10]. - The company has invested around 1.1 to 1.2 billion in R&D since its listing, representing 9.5% of its revenue, with 25% of its workforce dedicated to R&D [10][11]. Technological Advancements - The company is focusing on integrating AI and quantum computing technologies to enhance security and product offerings. It aims to develop localized products to meet increasing demands for digital security [11][12]. - The UMV platform is designed to optimize banking operations and improve customer experiences through AI-driven solutions [16][24]. Market Expansion Plans - The company plans to expand its market presence in Asia, the Middle East, Southeast Africa, Europe, and South America, despite challenges in the procurement cycle for overseas clients [17][18]. - The number of banks connected to the platform has increased from 34 to over 1,800, indicating strong recognition and acceptance of the platform by the banking sector [23]. Future Outlook - The management anticipates continued pressure on operations but remains optimistic about potential recovery. They are committed to enhancing the platform's capabilities and expanding their market reach [22][21]. - The company emphasizes the importance of attracting international talent to support its global expansion and technological advancements [20][19]. Additional Notes - The company has maintained a healthy cash flow, with available cash of 1.33 billion and a significant dividend payout ratio of 81% [13]. - The management is focused on improving operational efficiency and customer experience through the integration of AI technologies and enhanced service offerings [24].

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告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Goldpac Group Limited 金 邦 達 寶 嘉 控 股 有 限 公 司 （於 香 港 註 冊 成 立 的 有 限 公 司 ） （股份代號：3315） 截至2024年12月31日止年度之業績公告 摘要 截至2024年12月31日止之年度，受主要產品及服務的銷售數量和銷售價格下降等原因影 響，本集團錄得收入約人民幣10.95億元，同比下降約22.7%，毛利約人民幣2.59億元， 同比下降約38.4%，毛利率約為23.6%，較2023年同期下降6.1個百分點。 本集團錄得年度利潤約人民幣49.5百萬元，同比下降約67.2%，但依然在行業內取得較 好成績，自上市以來一直保持盈利。 本集團財務狀況保持穩健，流動性良好，不僅能夠充分滿足營運與營運資金需求，還可 為創新研發及戰略性轉型佈局提供持續且有力的支持。於2024年12月31日，銀行存款及 現金、銀行定期存款、已抵押銀行存款合計約人民幣1,33 ...

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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告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Goldpac Group Limited 金 邦 達 寶 嘉 控 股 有 限 公 司 （於香港註冊成立的有限公 司） （股份代號：3315） 截至2024年6月30日止之六個月之中期業績公告 | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 摘要 | | | • | 於截至 2024 年 6 月 30 日止之六個月，受全球經濟放緩，以及中國內地以外地區客 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of $500 million for the fiscal year, representing a 20% growth compared to the previous year[6]. - Revenue for the year ended December 31, 2023, was RMB 1,416,573, a decrease of 7.4% from RMB 1,530,251 in 2022[111]. - Profit for the year attributable to owners of the Company was RMB 132,051, down 10.4% from RMB 147,427 in 2022[111]. - The net profit margin improved to 10.7%, up 0.2 percentage points from 10.5% in 2022[111]. - Total assets as of December 31, 2023, were RMB 2,693,907, down from RMB 2,813,857 in 2022[113]. - Net assets increased to RMB 2,095,071 from RMB 2,070,563 in 2022[113]. - Revenue from markets outside the Chinese mainland grew by approximately 27.2% to approximately RMB296.7 million[92]. - Revenue from markets outside the Chinese mainland was approximately RMB319.9 million, accounting for approximately 22.6% of total revenue, with a significant year-on-year growth of approximately 27.5%[151]. - The Group's gross profit was approximately RMB420.1 million, with a gross profit margin increase of 3.3 percentage points to approximately 29.7%[151]. - Operating expenses decreased by approximately 10.1% year-on-year, while net profit decreased by approximately 6.1% to approximately RMB151.2 million, maintaining a net profit margin of approximately 10.7%[151]. Strategic Initiatives - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming for $625 million[6]. - New product launches included a state-of-the-art payment solution, expected to contribute an additional $50 million in revenue[6]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[6]. - A strategic acquisition of a local competitor was completed for $30 million, enhancing the company's service offerings[6]. - The Group aims to focus on four key strategies to increase market share, including consolidating efforts in UMV platform development and expanding secure payment technologies into multiple fields[163]. - The Group's digital platform integrates AI, privacy computing, and big data to meet the transformation needs of bank customers and SMEs, reshaping the traditional financial institution business model[135]. - The UMV platform aims to create an innovative ecosystem for the payment value chain, leveraging AI and big data to support small batches and rapid payment product issuance[170]. Research and Development - Research and development expenses increased by 30%, totaling $15 million, focusing on innovative technologies[6]. - The Group has continuously increased its investment in digital transformation and platform building, enhancing its information security system software and hardware[72]. - The Group owns close to 100 cutting-edge algorithms and three invention patents, focusing on AI applications such as facial recognition and speech recognition[82]. - The Group has developed nearly 100 high-performance AI algorithms and holds 3 invention patents, providing advanced technology services to clients[137]. Sustainability and ESG Commitment - The company emphasized its commitment to sustainability, with a goal to reduce carbon emissions by 40% by 2025[6]. - The Group emphasizes sustainable development as a long-term goal and actively integrates ESG factors into business decisions[26]. - The Group achieved SA8000 certification for its social responsibility management system and received the "2023 CLS•ESG ZhiYuan Award – Governance (G) Pioneer Enterprise Award" for its fintech digitalization strategy[30]. - The Group complies with all relevant environmental laws and regulations, focusing on energy saving, emission reduction, and waste management[41]. - The Group's environmental protection measures include energy consumption reduction, waste disposal management, and compliance with environmental regulations[58]. - The Group is focusing on green finance and low-carbon technology innovation, aligning with ESG development targets to create eco-friendly payment solutions[176]. Customer Engagement and Satisfaction - User data showed a 15% increase in active users, reaching 2 million by the end of the reporting period[6]. - Customer satisfaction ratings improved to 90%, reflecting enhanced service quality and user experience[6]. - The Group prioritizes employee welfare and safety, providing a fair and healthy work environment[42]. - The Group engages with the community through regular communications and community activities to address social issues[52]. Governance and Risk Management - The Board is responsible for overseeing ESG management policies, assessing ESG-related risks, and approving ESG reports[34]. - The Group's governance structure includes a decision-making layer led by the Board and an implementation layer involving all departments[36]. - The Group's risk management framework allows for proactive identification and management of risks, including ESG-related risks[40]. - The Group has established a risk management framework to systematically identify and manage risks, including ESG-related risks[49]. Market Challenges and Future Outlook - The global economic recovery faces challenges due to geopolitical turmoil and disrupted supply chains, impacting effective demand and exports in China[149]. - The Group's digital and platform-based strategy is expected to bring considerable potential for medium-to-long term strategic development[141]. - The Group is responding to the increasing demand for innovative technologies in customer acquisition and retention within the financial sector[172]. Shareholder Information - The company will suspend share transfer registration from May 16, 2024, to May 21, 2024, to determine shareholders eligible to vote at the annual general meeting[200]. - Share transfer forms must be submitted by May 14, 2024, at 4:30 PM to ensure voting rights at the AGM[200]. - The proposed final and special dividends will be distributed on June 28, 2024, pending approval at the AGM[200]. - The company will also suspend share transfer registration from June 3, 2024, to June 5, 2024, for determining shareholders eligible for the proposed dividends[200]. - Share transfer forms for dividend eligibility must be submitted by May 31, 2024, at 4:30 PM[200]. - The company’s registered office is located at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong[200].

Goldpac Group Limited 金 邦 達 寶 嘉 控 股 有 限 公 司 （於香港註冊成立的有限公 司） （股份代號：3315） — 1 — | --- | --- | --- | --- | |-----------------------------------|----------|------------------------|----------------------| | | | 2023 年 | 2022 年 | | 收入 | 附註 3 | 人民幣千元 1,416,573 | 人民幣千元 1,530,251 | | 銷售成本 | 6 | (996,521) | (1,127,115) | | 毛利 | | 420,052 | 403,136 | | 其他收入 | 4 | 50,665 | 49,169 | | 其他收益－淨額 | 5 | 309 | 47,889 | | 研發費用 | 6 | (102,451) | (112,955) | | 銷售及分銷費用 | 6 | (143,596) | (172,822) | | 行政開支 | 6 | (48,302) | (41,62 ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contents | | | | | | | | | | | | | | | | | | | 目錄 | | | | | | | | | | 2 | Corporate Information 企業資料 | | | | | | | | | 4 | Performance Highlights 業績聚焦 | | | | | | | | | 5 | Management Discussion and Analysis 管理層討論 ...

地區市場 中國內地 328,694 257,807 586,501 海外及香港特別行政區（「香港」）和 澳門特別行政區（「澳門」） 148,616 10,767 159,383 總計 477,310 268,574 745,884 截至2022年6月30日止之六個月 嵌入式軟件 和安全 支付產品 平台及服務 總計 人民幣千元 人民幣千元 人民幣千元 貨物和服務種類 嵌入式軟件和安全支付產品 數據處理 數字化設備 | --- | --- | --- | |---------|---------|---------| | | | | | 464,555 | – | 464,555 | | – | 102,798 | 102,798 | | – | 142,066 | 142,066 | | | | | | 464,555 | 244,864 | 709,419 | | | | | | 375,408 | 237,657 | 613,065 | | 89,147 | 7,207 | 96,354 | | | | | | 464,555 | 244,864 | 709,419 | 總計 地區市場 中國內地 海外及香港 ...

金邦達寶嘉控股有限公司 二零二二年年報 27 董事及高級管理層 Major Events 2022年大事記 FinancialHighlights財務摘要 Corporate Information企業資料 | --- | --- | --- | |----------------------------------------------------|-------|-----------------------------------------------------------------| | | | | | Executive Directors | | | | 執行董事 | | | | LU Run Ting | 68 | Chairman & Executive Director | | 盧閏霆 | | 主席及執行董事 | | HOU Ping | 62 | Executive Director & Chief Executive Officer | | 侯 平 | | 執行董事及首席執行官 | | LU Runyi | 65 | Executive Director & Senior Vic ...