2021-08-12-港交所-君百延集团_第一季度报告_2021_19页_3mb

Hong Kong Stock Exchange GEM Features

• Positioned for higher-risk, smaller-to-medium-sized companies.
• Suitable for professional/sophisticated investors only.
• Higher volatility; no guarantee of high market liquidity.

Joonpyeyeon Group Holdings Limited Q1 2021 Results

• Reported revenue of HKD 14.006 million, down slightly from HKD 14.010 million YoY.
• Earnings per share (basic & diluted) was HKD 0.09 vs HKD 0.37 in Q1 2020.
• Net profit attributable to shareholders was HKD 727k, down significantly YoY.
• Board declared no interim dividend for the quarter.

Key Risks & Highlights:

• Market volatility higher than the main board.
• Hong Kong GDP growth impacted by global economic conditions.
• Company expects to expand product portfolio and enhance service offerings.
• Focus on healthcare industry due to aging population and increased medical awareness.

Auditor & Corporate Governance:

• Unaudited financials, reviewed by an internal committee.
• Governance department oversights addressed, albeit with an overlap in roles for Chairman and CEO.

Controversial Governance Aspect & Key Stakeholders:

• Chairman and CEO are the same person; though the board argues independence isn't affected.
• Majority shareholders include B&A Success Limited (controlled by Ms. Hui Bik Yin).
• Share purchase options are in place but not yet exercised/traded.