2023-05-12-港交所-汇联金融服务_2023第一季度业绩报告_58页_7mb

Financial Performance
• Revenue declined by 23.2% YoY to RMB7.96 million, primarily due to reduced platform service income.
• Net profit attributable to owners improved significantly to RMB2.3 million (from -RMB0.47 million in 2022), while basic earnings per share turned positive at RMB0.067.

Business Review

• Financial Services Platform: Continues providing platform services with risk management modules; adapted to regulatory tightening by expanding internet financial partnerships.
• Loan Services: Focuses on tailored financial products for borrowers; enhanced internal cost control in response to industry downturns.
• Challenges: Ongoing investigation into regulatory breaches by a subsidiary in China, alongside governance improvements to meet GEM listing requirements.

Market Position

• Subject to potential delisting due to failure to meet stock exchange resumption guidelines, including unresolved legal issues.
• Despite suspension, the company seeks shareholder approval for recapitalization and creditor resolution through shareholder meetings.

Key Actions

• Listing Status: Undergoing review in the GEM Listing Appeal Committee; positive progress with investigation findings support further delisting appeal.
• Future Outlook: Plans to restructure operations, targeting sustainable growth through digital integration and disciplined financial management.

Corporate Governance

• Shareholder oversight mechanisms strengthened; maintains strict trading conduct policies; key deviations noted in dual roles of executives.

📊 Summary: Despite regulatory and legal hurdles, improved profits signal operational resilience. Future success depends on resolving governance weaknesses and market entry strategies.