Greatwalle : Financial Statements/ESG Information -

Environmental,

Social and

Governance Report

2022 / 23

GREATWALLE INC.

長 城 匯 理 公 司

(Incorporated in the Cayman Islands with limited liability)

Stock Code: 8315

ABOUT THIS REPORT

Greatwalle Inc. and its subsidiaries (collectively referred to as the " Group" or "we") have prepared this Environmental, Social, and Governance ("ESG") report to present their performance for the fiscal year ending on 31 March 2023 (the "Reporting Year" or "2022/23"). The report adheres to the "Comply or Explain" provisions outlined in the ESG Reporting Guide in Appendix 20 to the Rule Governing the Listing of Securities on GEM of the Stock Exchange ("GEM Listing Rule") and aligns with the same timeframe as the financial report.

The ESG report covers the Group's ESG-related risks, opportunities, policies, measures, management involvement in ESG-related matters, and ESG-related strategies and targets.

The report mainly focuses on four subsidiaries engaged in securities guarding and property management services business in Hong Kong and the People's Republic of China ("PRC" or "Mainland China") and one subsidiary engaged in asset management in Mainland China. Any variations in the scope and boundaries of specific contents are noted in the relevant section of this ESG report.

BOARD STATEMENT

With the easing of COVID-19 restrictions in second half of 2022, both China and Hong Kong have seen an increase in business activities. Greatwalle has also thrived in the post-pandemic era and actively sought out new business opportunities. However, we remain committed to our mission of striving for sustainable development and caring for society. To this end, we will continue to monitor our impact on the environment and follow the environmental policies outlined in China's 14th "five-year plan".

We have also given back to society by donating to the Charity Federation of Dongying District, Dongying City. Through this charity, we aim to support the underprivileged and contribute to various charitable activities such as elderly care, orphan support, disability assistance, medical assistance, and student aid. Our goal is to create a positive impact in the communities in which we operate.

We understand that our colleagues have faced many challenges in our daily operations during the pandemic. The Board is committed to providing resources to support our staff in the future. We greatly appreciate the efforts and professionalism of our staff in delivering high standards of service quality to our clients and investors.

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THE ESG MANAGEMENT STRUCTURE

Greatwalle has established an ESG Working Team that comprises the Board of Directors, senior management, and designated personnel from various departments. The Board has the responsibility of overseeing the Group's ESG-related risks and opportunities, devising ESG strategies and targets, evaluating the Group's ESG performance against these targets, and amending the strategies as necessary. On the other hand, senior management and designated personnel support the Board in implementing and monitoring ESG-related strategies and targets. They assess the materiality of ESG issues for internal and external stakeholders, prioritize them, and promote the implementation of respective measures. They also gather ESG data from functional departments and collaborate with them as needed. Together, the ESG Working Team ensures that Greatwalle's ESG objectives and strategies are aligned with its values and interests while meeting the expectations of its stakeholders.

The board of	Senior	Heads of
directors
Management	Department
(The "Board")

Supervision

Reporting

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REPORTING PRINCIPLES

This ESG report is prepared based on the following basic principles:

Materiality	In our efforts to prioritize and address key ESG issues, we have identified 27 areas of focus
	that cover environmental, employment, operational, and community concerns. To gain
	insight into the relative importance of these issues to our key stakeholders, we conducted
	an online questionnaire and invited their feedback. The results can be found in the
	"Materiality Assessment" section of this ESG report.
Quantitative	To comply with the ESG Reporting Guide requirements, we have disclosed key performance
	indicators ("KPIs") that include comparative data. Additionally, we have provided relevant
	statistical standards, methodologies, assumptions, calculation tools, and sources of
	conversion factors for emissions and energy consumption to ensure transparency and
	accuracy in our reporting.
Balance	This ESG report presents information and data that have been verified to be objective and
	impartial.
Consistency	The calculation methods for the KPIs presented in this ESG report have remained largely
	consistent with those used in the previous reporting year. In cases where changes have
	been made to the calculation methods or other relevant factors have impacted a meaningful
	comparison, we have provided explanations for any resulting variances.

REVIEW AND APPROVAL

The Board of the Company has reviewed and approved this ESG report for the Reporting Year.

INFORMATION AND FEEDBACK

You can find information about our financial performance and corporate governance documents by visiting our website at www.kingforce.com.hk or the HKEXnews website at http://www.hkexnews.hk.

We are dedicated to achieving excellence and continuously improving our services, and we appreciate and welcome your feedback and suggestions. To share your thoughts with us, please send them by mail to our address at Unit 1112, 11/F., The Metropolis Tower, No. 10 Metropolis Drive, Hunghom, Kowloon, Hong Kong.

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STAKEHOLDER ENGAGEMENT

Greatwalle values stakeholder engagement and actively seeks their input through various communication channels, including face-to-face meetings, telephone calls, and emails. This approach helps inform the company's strategy, objectives, materiality assessments, and policy development.

To better understand the needs of stakeholders, the Board collaborated with the ESG Working Team to identify eight key stakeholder groups, such as customers, employees, investors and shareholders, government and regulatory bodies, community and public, media, suppliers, and non-governmental organizations.

The company assessed the level of stakeholder involvement in its business operations and communication frequency to determine its high-influence groups, which consist of customers, employees, and investors and shareholders.

Types of
Stakeholders	Key Issues	Major Communication Method
Employees	-	Labour rights	-	Consultation
	-	Labour benefits	-	Direct communication
Internal	-	Healthy and safe working	-	Employee performance
stakeholder		environment		evaluation
	-	Vocational training and	-	Staff activities
		development
Shareholders/	-	Return on investment	-	Annual general meeting
investors	-	Transparency of information	-	Company's website
		disclosure	-	Company's announcements
	-	Compliance and obligation	-	Annual and interim reports
Customers	-	Service quality	-	Company's website
	-	Information security	-	Direct contact with
	-	Complaint system		customers
			-	Customers' feedback and
				complaints

	Government and	-	Business operation in
External	regulatory bodies		compliance with relevant
		laws and regulations
stakeholders

• Annual and interim reports
• Meetings

Community and	-	Contributions to community	-	Company's website
society		development	-	Community service
Media	-	Service quality	-	Company's website
	-	Compliance and obligation	-	Company's announcements
			-	Annual and interim reports
Suppliers	-	Establishing a reliable and	-	Selection assessment
		stable working relationship	-	Procurement process
			-	Performance evaluation
Non-governmental	-	Compliance and obligation	-	Company's website
organisations

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