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RC365 Holding PLC
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== Corporate Strategy == RC365 Holdings' corporate strategy for the year ended 31 March 2023 revolves around its core mission of providing innovative fintech solutions while adhering to high standards of corporate social responsibility and environmental stewardship. Leveraging the Board's experience, the Company is focused on delivering IT support, Security Services, and Payment Gateway solutions to customers in China and Hong Kong. Notably, the Company aims to extend its payment gateway services into the European and UK markets, aligning with its vision for global expansion. In line with this strategic direction, the Company's key performance indicators (KPIs) center on revenue generation, cash reserves, and customer engagement. With revenues amounting to HK$16,883,359 and cash and cash equivalents of HK$9,548,364, the Company demonstrates its financial strength and self-sufficiency to support ongoing operations while pursuing growth opportunities. The number of customers, standing at 31, underscores the Company's commitment to building and maintaining strong client relationships. RC365 Holdings' commitment to corporate social responsibility is evident in its approach to conducting business with integrity, openness, and respect for human rights. The Company's emphasis on providing a safe and healthy working environment fosters a positive atmosphere where employees are empowered to contribute to the Group's reputation and performance. Additionally, the Company's proactive approach to corporate environmental responsibility aligns with its history of compliance with relevant laws and regulations. In accordance with Section 172(1) of the Companies Act 2006, the Directors prioritize decisions that promote the Company's long-term success for the benefit of its members. This encompasses considerations for stakeholders such as shareholders, employees, clients, suppliers, and the communities in which the Company operates. By engaging with these stakeholders, RC365 Holdings ensures that their interests are considered in strategic decision-making. The Company's strategic partners, clients, and shareholders are pivotal in realizing its strategic goals. RC365 Holdings maintains a collaborative relationship with its major service provider in Hong Kong, enhancing its long-term success potential. The Company's commitment to providing outstanding services strengthens its reputation and client relationships, including expansion efforts into Singapore and the UK.
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