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1、CHARACTERISTICS OF THE GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED(THE“STOCK EXCHANGE”)香港聯合交易所有限公司(聯交所)GEM的特色GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchang
2、e.Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.Given that the companies listed on GEM are generally small and mid-sized companies,there is a risk that securities traded on G
3、EM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for t
4、he contents of this report,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report.This report for which the directors(the“Directors”)of Visi
5、on International Holdings Limited(the“Company”,and together with its subsidiaries,the“Group”,“we”or“our”)collectively and individually accept full responsibility,includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange(the“GEM Listing R
6、ules”)for the purpose of giving information with regard to the Group.The Directors,having made all reasonable enquiries,confirm that to the best of their knowledge and belief,the information contained in this report is accurate and complete in all material respects and not misleading or deceptive,an