Contents

2 Corporate Information

3

Financial Highlights

4

Year in Review

6

Chairman's Statement

9

Biographical Details of Directors & Senior Management

12

Management Discussion and Analysis

15

Corporate Governance Report

26

Directors' Report

36

Environmental, Social and Governance Report

48

Independent Auditor's Report

53 Consolidated Statement of Profit or Loss and Other Comprehensive Income

55 Consolidated Statement of Financial Position

  1. Consolidated Statement of Changes in Equity
  2. Consolidated Statement of Cash Flows

60 Notes to the Consolidated Financial Statements

130 Financial Summary

Corporate Information

BOARD OF DIRECTORS

Executive Directors

Mr. FU Wai Chung (Chairman)

Ms. FU Man

Mr. LO Yat Fung

Mr. FU Ear Ly

Non-Executive Director

Ms. NG Wan

Independent Non-Executive Directors

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen   (Resigned on 17 April 2023)

Mr. CAO Qimeng (Appointed on 17 April 2023) Ms. XU Jing (Appointed on 17 April 2023)

MEMBERS OF AUDIT COMMITTEE

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen   (Resigned on 17 April 2023)

Mr. CAO Qimeng (Appointed on 17 April 2023) Ms. XU Jing (Appointed on 17 April 2023)

MEMBERS OF REMUNERATION COMMITTEE

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen   (Resigned on 17 April 2023)

Mr. CAO Qimeng (Appointed on 17 April 2023) Ms. XU Jing (Appointed on 17 April 2023)

MEMBERS OF NOMINATION COMMITTEE

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen   (Resigned on 17 April 2023)

Mr. CAO Qimeng (Appointed on 17 April 2023) Ms. XU Jing (Appointed on 17 April 2023)

Mr. FU Wai Chung

Mr. LO Yat Fung

COMPANY SECRETARY

Mr. LO Hang Fong, solicitor, Hong Kong

AUTHORISED REPRESENTATIVES

Mr. FU Wai Chung

Mr. LO Yat Fung

REGISTERED OFFICE

Cricket Square

Hutchins Drive

P.O. Box 2681

Grand Cayman KY1-1111

Cayman Islands

HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS

9-10/F, One Bravo

1 Jinsui Road

Zhujiang New Town

Tianhe District, Guangzhou

People's Republic of China ("PRC")

PLACE OF BUSINESS IN HONG KONG

Room 3611, 36th Floor

Shun Tak Centre West Tower

200 Connaught Road Central

Hong Kong

AUDITOR

BDO Limited

Certified Public Accountants

25th Floor, Wing On Centre

111 Connaught Road Central

Hong Kong

LEGAL ADVISERS

Stevenson, Wong & Co.

39/F, Gloucester Tower, The Landmark

15 Queen's Road Central

Hong Kong

PRINCIPAL BANKERS

Industrial and Commercial Bank of China 1/F, Citic Plaza

233 Tian He Bei Road Guangzhou, PRC

Agricultural Bank of China

1/F Guangzhou International Trade Centre 1 Linhe Xi Lu

Guangzhou, PRC

PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE

Suntera (Cayman) Limited 3rd Floor, Royal Bank House 24 Shedden Road, George Town Grand Cayman KY1-1110 Cayman Islands

HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE

Tricor Investor Services Limited 17/F

Far East Finance Centre

16 Harcourt Road

Hong Kong

STOCK CODE

733

WEBSITE

www.hopefluent.com⁜

2 HOPEFLUENT GROUP HOLDINGS LIMITED  •  ANNUAL REPORT 2022

Financial Highlights

Turnover by Business

For the year ended 31st December

6%

2022

94%

Property real estate agency

Financial services

Shareholders' Funds

(HK$'000)

2018

2019

2020

2021

2022

7%

2021

93%

2,937,497

3,269,309

3,479,216

2,946,673

2,227,896

0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000

HOPEFLUENT GROUP HOLDINGS LIMITED  •  ANNUAL REPORT 2022

3

Year in Review

The Group serves more than 80 cities. Currently, the Group has become the close partner of renowned developers such as Sun Hung Kai Properties, Vanke, Country Garden, Poly, China Resources Land, China Railway Group, China Railway Construction, China Overseas, China Green Town, Jinmao, Citic, Kingold, Kaisa, Times China, China Merchants Property Development, R&F Properties, Agile Property, KWG Property, Logan, Yuexiu, Huafa and Gemdale. The Group is continuing its efforts to expand its customer base and services and secure more agency projects in different regions, reinforcing its leading position in China's property service market.

4 HOPEFLUENT GROUP HOLDINGS LIMITED  •  ANNUAL REPORT 2022

Attachments

Disclaimer

Hopefluent Group Holdings Ltd. published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 09:27:03 UTC.