BC Technology : INTERIM REPORT

CONTENTS

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Corporate Information

2021 Interim Results Financial Highlights

2021 Business Highlights

Chief Executive Officer's Statement

Management Discussion and Analysis

Unaudited Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income

Unaudited Condensed Consolidated Statement

of Financial Position

Unaudited Condensed Consolidated Statement

of Changes in Equity

Unaudited Condensed Consolidated Statement

of Cash Flows

Notes to the Unaudited Condensed Consolidated Interim Financial Statements

Other Information

CORPORATE INFORMATION

BOARD OF DIRECTORS

Executive Directors

Mr. Madden Hugh Douglas (Chief Executive Officer) Mr. Lo Ken Bon (Deputy Chairman)

Mr. Ko Chun Shun, Johnson

Mr. Chapman David James

Mr. Tiu Ka Chun, Gary

Independent Non-Executive Directors

Mr. Chau Shing Yim, David

Mr. Chia Kee Loong, Lawrence

Mr. Tai Benedict

BOARD COMMITTEES

Audit Committee

Mr. Chau Shing Yim, David (Chairman)

Mr. Chia Kee Loong, Lawrence

Mr. Tai Benedict

Remuneration Committee

Mr. Chau Shing Yim, David (Chairman)

Mr. Lo Ken Bon

Mr. Chia Kee Loong, Lawrence

Nomination Committee

Mr. Lo Ken Bon (Chairman)

Mr. Chau Shing Yim, David

Mr. Chia Kee Loong, Lawrence

Risk Management Committee

Mr. Lo Ken Bon (Chairman)

Mr. Chau Shing Yim, David

Mr. Tai Benedict

Mr. Sikora Marek (Chief Risk Officer)

AUTHORISED REPRESENTATIVES

Mr. Lo Ken Bon

Ms. Chau Wing Kei

COMPANY SECRETARY

Ms. Chau Wing Kei

PRINCIPAL BANKERS

The Hongkong and Shanghai Banking Corporation Limited

Bank of China (Hong Kong)

China Merchants Bank

Bank of Communications Co., Limited

Chiyu Banking Corporation Limited

Signature Bank

Silvergate Bank

INDEPENDENT AUDITOR

PricewaterhouseCoopers

Certified Public Accountants and

Registered Public Interest Entity Auditor

LEGAL ADVISOR

Baker & McKenzie

REGISTERED OFFICE

Cricket Square, Hutchins Drive

P.O. Box 2681

Grand Cayman KY1-1111

Cayman Islands

PRINCIPAL PLACE OF BUSINESS IN HONG KONG

39/F, Lee Garden One

33 Hysan Avenue

Causeway Bay, Hong Kong

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CORPORATE INFORMATION

PRINCIPAL PLACE OF BUSINESS

IN THE PEOPLE'S REPUBLIC OF CHINA

Unit 1704,

Shanghai Times Square,

No. 99 Middle Huaihai Road,

Huangpu District,

Shanghai, China

SHARE REGISTRAR AND TRANSFER OFFICE

Principal Registrars

Conyers Trust Company (Cayman) Limited

Cricket Square, Hutchins Drive

P.O. Box 2681

Grand Cayman KY1-1111

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

INVESTOR RELATIONS

Investor Relations Department

Telephone: [phone]

Website: bc.group

Email: [e-mail]

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2021 Interim Results Financial Highlights

Significant Revenue Growth Across Digital Asset Business Units

Digital asset business revenue	Prime brokerage revenue	Exchange revenue

+70% YoY to

+65%

+5,003%

HKD114 million (m)

HKD

HKD

HKD

HKD

63.8m

105.3m

0.06m

3.1m

1H2020

1H2021

1H2020

1H2021

114

Revenue from custody

SaaS service fee

and other fees

revenue

67

HKD

+180%

+32%

HKD

HKD

HKD

0.7m

2.1m

1H2020

1H2021

2.7m

3.5m

1H2020

1H2021

1H2020

1H2021

Material Growth in Trading Volume For All Products & Services

Total digital asset trading volume

Prime brokerage

Exchange trading

+70% YoY to

trading volume

volume

HKD117 billion (b)

+28%

+7,506%

HKD

HKD

HKD

HKD

68b

88b

0.3b

24.3b

1H2020

1H2021

1H2020

1H2021

117

SaaS

69

trading volume

HKD +3,029% HKD

1H2020

1H2021

0.2b

4.9b

1H2020

1H2021

Strong Increase in Active Clients and Assets on Platform

OSL active clients

Assets on

increased over

platform

10x

YoY

+36%

3.8

compared with 31 Dec 2020 to 2.8

HKD3.8b

31 DEC

30 JUN

2020

2021

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