Boyaa Interactive International Limited 0434 * % 437,036 457,951 (4.6) 945,319 178,200 216,982 (17.9) 409,544 258,836 240,969 7.4 535,775 221,873 283,851 (21.8) 567,852 73,830 137,836 (46.4) 280,065 *** 82,564 153,823 (46.3) 306,177 * % 193,080 236,324 (18.3) 77,917 106,784 (27.0) 115,163 129,540 (11.1) 90,568 150,614 (39.9) 16,237 75,599 (78.5) *** 21,189 82,068 (74.2) 1
* % 305,789 375,513 (18.6) 87,053 62,349 39.6 44,194 20,089 120.0 437,036 457,951 (4.6) * % 138,509 190,879 (27.4) 31,975 35,170 (9.1) 22,596 10,275 119.9 193,080 236,324 (18.3) * % 195,426 177,049 10.4 241,610 280,902 (14.0) 437,036 457,951 (4.6) * % 84,684 94,804 (10.7) 108,396 141,520 (23.4) 193,080 236,324 (18.3) 2
* ** % % 2,725 2,297 1,618 68.4 18.6 107 156 182 (41.2) (31.4) 2,618 2,141 1,436 82.3 22.3 **** 6,213 6,003 5,671 9.6 3.5 914 1,583 1,607 (43.1) (42.3) 5,299 4,420 4,064 30.4 19.9 **** 27,929 29,207 25,960 7.6 (4.4) 5,329 8,092 8,095 (34.2) (34.1) 22,600 21,115 17,865 26.5 7.0 ARPPU 269.4 409.5 418.6 (35.6) (34.2) 73.5 57.7 56.1 31.0 27.4 ARPPU 72.0 48.4 47.8 50.6 48.8 6.9 18.2 17.4 (60.3) (62.1) ARPPU 43.6 9.3 11.5 279.1 368.8 8.6 8.8 8.4 2.4 (2.3) * % ** % *** **** 3
2410 4.130.4% 5.3 1.643.1% 0.9 1.482.3% 2.6 18241.2% 107 ARPPU Facebook Google LINE 4
3.6 12% 12742 193.1 236.318.3% 115.2 129.5 11.1% 77.9 106.827.0% 59.6% 40.4% 54.8% 45.2% 5
102.5 85.719.6% 90.6 150.639.9% 46.9% 63.7% 60.0 45.232.8% 39.4 28.239.6% 6
9.3 14.1 14.6 2.6 2.3 2.5 1.6 15.689.9% 9.1% 17.1% Function Technology Co., Ltd. Boyaa Holdings Limited 7
15.8 16.2 75.6 79.1% 78.5% 21.2 1.3 1.32.8 82.1 2.61.0 2.9 437.0 458.04.6% 258.8 241.0 7.4% 178.2 217.0 17.9% 59.2% 40.8% 52.6% 47.4% 8
174.1 23.6%215.2 283.921.8%221.9 62.0%50.8% 87.9 22.8%107.9 54.8 25.8%69.0 16.3 21.9 15.8 0.3 9
5.4 2.8 28.2 65.2%9.8 17.0% 11.9% 137.8 47.3% 46.4% 72.7 73.8 82.6 3.1 1.94.9 153.8 6.32.4 7.3 10
1,363.1 1,029.3 1,363.11,261.8 101.3 223.7 370.0 6.0% 6.2% 4.2 18.5 11
11.0 13.0 5.1 9.7 5.93.3 12
5 Function Technology Co., Ltd. 1 10% 3.6 12% 13
861 65749 77 78 85.2 21.7%81 4,955,000 3,095,41666,160,423 279 30,345,116 The Core Admin Boyaa RSU Limited 14
17,356 15,176 6,209 19,626 35,932 21,839 50,783 63,975 9,475 1,685 4 72,411 22,085 40,599 42,651 232,765 187,037 3 103,501 94,312 33,261 33,001 370,000 1,363,136 1,029,331 1,499,898 1,526,644 1,732,663 1,713,681 15
247 245 588,948 632,329 (15) (19) 136,375 137,045 776,726 702,896 1,502,281 1,472,496 9,130 1,502,281 1,481,626 8,271 14,234 6 108,384 115,169 21,287 24,238 92,440 78,414 222,111 217,821 230,382 232,055 1,732,663 1,713,681 1,277,787 1,308,823 1,510,552 1,495,860 16
2 193,080 236,324 437,036 457,951 7 (102,512) (85,710) (215,163) (174,100) 90,568 150,614 221,873 283,851 7 (60,036) (45,215) (107,944) (87,917) 7 (39,359) (28,201) (69,003) (54,846) 8 9,312 14,121 16,339 21,875 485 91,319 61,265 162,963 9 15,499 611 21,054 6,644 9 (910) (3,164) (5,279) (6,386) 9 14,589 (2,553) 15,775 258 2,311 2,460 5,424 2,801 17,385 91,226 82,464 166,022 10 (1,578) (15,627) (9,796) (28,186) 15,807 75,599 72,668 137,836 (9,407) (9,986) (258) (258) (1,003) 1,172 (322) 6,025 (10,668) 1,172 (10,566) 6,025 5,139 76,771 62,102 143,861 17
16,237 75,599 73,830 137,836 (430) (1,162) 15,807 75,599 72,668 137,836 5,569 76,771 63,264 143,861 (430) (1,162) 5,139 76,771 62,102 143,861 11 2.28 11.60 10.44 21.49 11 2.22 10.32 10.08 18.79 12 46,307 18
245 632,329 (19) 137,045 702,896 1,472,496 9,130 1,481,626 73,830 73,830 (1,162) 72,668 (9,986) (9,986) (9,986) (258) (258) (258) (322) (322) (322) (10,566) 73,830 63,264 (1,162) 62,102 9,896 9,896 9,896 2 1,745 1,747 1,747 (4) 4 (45,122) (45,122) (45,122) 2 (43,381) 4 9,896 (33,479) (33,479) 14 (7,968) (7,968) 2 (43,381) 4 9,896 (33,479) (7,968) (41,447) 247 588,948 (15) 136,375 776,726 1,502,281 1,502,281 19
239 738,070 (33) 53,512 422,831 1,214,619 1,214,619 137,836 137,836 137,836 6,025 6,025 6,025 6,025 137,836 143,861 143,861 15,987 15,987 15,987 3 2,921 2,924 2,924 (11) 11 (587) (587) (587) (65,590) (65,590) (65,590) 3 (62,680) (587) 11 15,987 (47,266) (47,266) 242 675,390 (587) (22) 75,524 560,667 1,311,214 1,311,214 20
34,092 134,703 (3,770) (18,748) 30,322 115,955 (5,626) (2,458) (226) (826) (790,000) (39,935) (4,600) (8,200) (500) (1,500) 14 4,666 13 19 102,113 370,000 53,000 1,927 15 10 1,894 16,862 19,787 6,644 347,421 (624,355) (587) 12 (45,122) (65,590) 5 1,846 2,341 (43,276) (63,836) 334,467 (572,236) 1,029,331 965,566 (662) 784 1,363,136 394,114 21
1. PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands 13 14 34 22
11 16 38 10 28 27 1 15 9 2. 77,917 106,784 178,200 216,982 115,163 129,540 258,836 240,969 193,080 236,324 437,036 457,951 23
84,684 94,804 195,426 177,049 108,396 141,520 241,610 280,902 193,080 236,324 437,036 457,951 5% 94,133 97,128 5,963 2,164 100,096 99,292 24
3. 104,393 95,204 (892) (892) 103,501 94,312 30 120 0 60 56,074 67,306 60 90 16,170 14,832 90 180 29,630 10,705 180 2,519 2,361 104,393 95,204 25
4. 72,411 22,085 Source Code Fund I L.P.Source Code Fund I 720,000 4,413,000 1,620,000 Source Code Fund I Source Code Fund II L.P.Source Code Fund II 400,000 2,452,000 1,200,000 Source Code Fund II Modian 6,000,000 6,250,000 10,000,000 O2O 8,000,000 26
5. (a) (i) 8,827,506 29,527,781 (5,412,526) (9,327,202) (319,564) (131,250) 3,095,416 20,069,329 5,412,526 1,747,000The Core Admin Boyaa Option Limited7,000 106,0006.57 (ii) 0.05 769,392 6,307,675 0.10 102,280 197,500 0.15 111,068 209,655 0.15 2,112,676 2,112,676 3,095,416 8,827,506 27
(b) 74,215,932 79,654,565 4,955,000 (4,092,858) (2,283,817) (8,917,651) (201,000) 66,160,423 77,169,748 46,369,592 35,715,437 4,955,000 12 25% 24 25%30 12.5%36 12.5% 37482.083% 5.61 28
6. 1,027 670 43,938 45,189 37,929 31,274 (a) 19,887 14,454 9,769 13 5,000 2,231 2,718 2,500 3,805 3,162 108,384 115,169 (a) 30 90 0 30 771 448 31 60 33 61 90 1 90 222 222 1,027 670 29
7. 79,116 71,140 173,787 140,480 47,114 40,591 86,550 75,147 42,422 20,588 75,348 49,352 5,382 6,469 9,896 15,987 6,507 3,976 12,503 7,500 5,851 3,059 7,696 4,176 2,937 3,155 5,439 5,503 2,599 2,197 5,026 3,470 1,792 1,245 3,412 2,328 1,000 1,000 2,000 2,000 764 106 1,438 190 6,423 5,600 9,015 10,730 201,907 159,126 392,110 316,863 15,301 11,239 26,948 19,473 446 244 813 464 896 685 1,716 1,241 16,643 12,168 29,477 21,178 30
8. 444 14,080 4,197 18,508 6,966 566 10,445 2,153 396 3 1,397 1,546 (613) (441) (1,928) (225) 14 1,707 1,707 250 250 175 175 (14) (21) (14) (24) 1 (66) 110 (83) 9,312 14,121 16,339 21,875 9. 15,337 611 20,332 6,644 162 722 15,499 611 21,054 6,644 (842) (4,180) (68) (3,164) (1,099) (6,386) (910) (3,164) (5,279) (6,386) 14,589 (2,553) 15,775 258 31
10. 8,209 15,254 17,796 28,269 (6,631) 373 (8,000) (83) 1,578 15,627 9,796 28,186 (a) (b) 16.5% (c) 25% 15% 15%15% 15% 15%15% 150% 32
(d) 10% 10% 5% 498,358,000 526,944,000 17,385 91,226 82,464 166,022 (2,311) (2,460) (5,424) (2,801) 15,074 88,766 77,040 163,221 25% 3,768 22,191 19,260 40,805 4,321 (2,070) 4,107 (4,632) (6,441) (5,230) (13,848) (9,821) 916 1,193 1,718 2,637 (436) (436) (550) (457) (1,005) (803) 1,578 15,627 9,796 28,186 33
11. (a) 16,237 75,599 73,830 137,836 711,768 651,631 707,181 641,482 2.28 11.60 10.44 21.49 (b) 34
16,237 75,599 73,830 137,836 711,768 651,631 707,181 641,482 18,216 54,917 21,113 64,834 2,840 26,321 3,991 27,409 732,824 732,869 732,285 733,725 2.22 10.32 10.08 18.79 12. 0.062 46,307,000 0.0590.075 57,254,00045,122,000 35
13. Function Technology Co., Ltd 5,000,000 5,000 19 143 116 181 4,823 (7) (275) 5,000 27,976,000 15,743,000 438,004,00068,857,000 36
14. ( ) 31%6,078,000 20% 6,078 (1,412) 4,666 1,412 100 2,308 55 17,028 (385) (4,257) 16,261 49% 7,968 6,078 20% 3,922 10,000 51% (8,293) 1,707 37
* % 437,036 457,951 (4.6) (215,163) (174,100) 23.6 221,873 283,851 (21.8) (107,944) (87,917) 22.8 (69,003) (54,846) 25.8 16,339 21,875 (25.3) 61,265 162,963 (62.4) 15,775 258 6,014.3 5,424 2,801 93.6 82,464 166,022 (50.3) (9,796) (28,186) (65.2) 72,668 137,836 (47.3) 3,079 6,325 (51.3) 1,941 2,402 (19.2) 4,876 7,260 (32.8) 82,564 153,823 (46.3) * % 38
* ** % % 193,080 243,956 236,324 (18.3) (20.9) (102,512) (112,651) (85,710) 19.6 (9.0) 90,568 131,305 150,614 (39.9) (31.0) (60,036) (47,908) (45,215) 32.8 25.3 (39,359) (29,644) (28,201) 39.6 32.8 9,312 7,027 14,121 (34.1) 32.5 485 60,780 91,319 (99.5) (99.2) 14,589 1,186 (2,553) (671.4) 1,130.1 2,311 3,113 2,460 (6.1) (25.8) 17,385 65,079 91,226 (80.9) (73.3) (1,578) (8,218) (15,627) (89.9) (80.8) 15,807 56,861 75,599 (79.1) (72.2) 1,293 1,786 2,559 (49.5) (27.6) 1,263 678 972 29.9 86.3 2,826 2,050 2,938 (3.8) 37.9 21,189 61,375 82,068 (74.2) (65.5) * % ** % 39
14 A.2.1 40
10 13.51B (1) 13.51B (1) 41
(http://www.hkexnews.hk) (http://www.boyaa.com.hk) 42