Hopefluent : Annual Report 2021 (Eng)

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

• 25 Directors' Report

• 33 Environmental, Social and Governance Report

• 45 Independent Auditor's Report

• 52 Consolidated Statement of Profit or Loss and

  Other Comprehensive Income

• 53 Consolidated Statement of Financial Position

• 55 Consolidated Statement of Changes in Equity

• 56 Consolidated Statement of Cash Flows

• 58 Notes to the Consolidated Financial Statements

• 124 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

MEMBERS OF AUDIT COMMITTEE

Mr. LAM King Pui

Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen

MEMBERS OF REMUNERATION COMMITTEE

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen

MEMBERS OF NOMINATION COMMITTEE

Mr. LAM King Pui Mr. NG Keung

Mrs. WONG LAW Kwai Wah, Karen 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 Ho 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

Level 54

Hopewell Centre

183 Queen's Road East Hong Kong

STOCK CODE 733

WEBSITEwww.hopefluent.com

Financial Highlights

Turnover by Business

For the year ended 31st December

2021 2020

Shareholders' Funds

(HK$'000)

• 20172,831,776

• 20182,937,497

• 20193,269,309

• 20203,479,216

• 20212,946,673

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

Year In Review

The group serves more than 200 cities. Currently, the Group has become the close partner of renowned developers such as Sun Hung Kai Properties, Vanke, Evergrande, Poly, China Resources Land, Citic, Kingold, Kaisa, Times China, China Merchants Property Development, R&F Properties, Agile Property, KWG Property, Logan, Yuexiu, Huafa, Gemdale and Country Garden. 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.