Momentum Financial Holdings Ltd. has released its Annual Report for the year 2024. The report provides an overview of the company's business activities, which primarily involve cross-border business operations and the provision of finance leasing and consultancy services. The company continues to expand its cross-border business under the S2B2C and B2C models, facilitating e-commerce distribution and maintaining efficient import operations into China. The report mentions that there was a strategic cooperation agreement signed on May 27, 2024, with Shenzhen Yuanshijie Technology. Additionally, the report highlights that there was a significant decrease in consolidated net profit for the six months ending June 30, 2024, leading to a demand for repayment related to a promissory note. The full report can be accessed through the link below.
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