Fire Rock Holdings Limited released its annual report supplement as of December 31, 2023 on April 25, 2024. The supplement provides updates on the use of proceeds from the company's share issuance, as well as details of the share incentive plan adopted from September 12, 2018 to September 11, 2021. According to the announcement, Fire Rock Holdings has used HKD 27.8 million as originally planned, accounting for 96.2% of the total distribution, mainly for optimizing existing games, developing new games, acquiring or investing in game publishers, and so on. There is still HKD 1.1 million unused, mainly reserved for seeking appropriate material adaptation rights, which is expected to be used up by the end of 2024. Due to weak global economy and uncertain industry policy environment, the company adopts a cautious...Show More

Fire Rock Holdings Limited released its annual report supplement as of December 31, 2023 on April 25, 2024. The supplement provides updates on the use of proceeds from the company's share issuance, as well as details of the share incentive plan adopted from September 12, 2018 to September 11, 2021. According to the announcement, Fire Rock Holdings has used HKD 27.8 million as originally planned, accounting for 96.2% of the total distribution, mainly for optimizing existing games, developing new games, acquiring or investing in game publishers, and so on. There is still HKD 1.1 million unused, mainly reserved for seeking appropriate material adaptation rights, which is expected to be used up by the end of 2024. Due to weak global economy and uncertain industry policy environment, the company adopts a cautious attitude towards acquiring adaptation rights. As for the share incentive plan, a total of 8,496,000 shares were granted to 47 employees starting from September 12, 2018, which expired on September 11, 2021, and there was no further grant during this period. Some incentives were cancelled due to employees' departure. The announcement emphasizes that the supplemental information does not affect other information in the annual report.