SECURITIES EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB
                            Annual Report Pursuant to
                       the Securities Exchange Act of 1934

                               December 31, 2003

                        Commission file number 000-33031

                              THE LINK GROUP, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)


        Colorado                                        84-1263981
        --------                                        ----------
(State of incorporation)                                (I.R.S. Employer
                                                        Identification No.)

       Suite 950 - 789 West Pender Street, Vancouver, B.C. Canada V6C 1H2
      --------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (604) 689-4407

           Securities registered pursuant to Section 12(g) of the Act:

                                  Common Stock
                               Title of each class

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to the filing
requirements for at least the past 90 days. Yes X No

Check if disclosure of delinquent filers pursuant to Item 405 of Regulation S-B
is not contained in this form, and no disclosure will be contained, to the best
of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB. ( )

State issuer's revenues for its most recent fiscal year. $779,378

There were 88,351302 shares of the Registrant's  common stock  outstanding as of
July 14, 2004.

The  aggregate  market  value of the  shares  of  voting  common  stock  held by
nonaffiliates  of the  Registrant was  approximately  $1,878,205 on December 31,
2004 based on a market price of $.035 at such date.

<PAGE>



                                TABLE OF CONTENTS

PART I

         Item 1. Description of Business                                       1
         Item 2. Description of Property                                       4
         Item 3. Legal Proceedings                                             4
         Item 4. Submission of Matters to a Vote of Security Holders           4

PART II

         Item 5. Market for Common Equity and Related Stockholder Matters      5
         Item 6. Management's Discussion and Analysis or Plan of Operation     5
         Item 7. Financial Statements                                          9
         Item 8. Changes in and Disagreements With Accountants on Accounting
                  and Financial Disclosure                                     9
         Item 8a Controls and Procedures                                       9
PART III

         Item 9. Directors, Executive Officers, Promoters and
                 Control Persons; Compliance with Section 16(a) of
                 the Exchange Act                                              9
         Item 10. Executive Compensation                                      13
         Item 11. Security Ownership of Certain Beneficial Owners
                  and Management                                              15
         Item 12. Certain Relationships and Related Transactions              17
         Item 13. Exhibits and Reports on Form 8-K                            19
         Item 14. Principal Accountant Fees and Services                      19

SIGNATURES                                                                    20




<PAGE>



                                     PART I

Item 1.  DESCRIPTION OF BUSINESS
         -----------------------

         General

     World  Envirotech,  Inc. (the  "Company") was  incorporated  in Colorado on
March 16,  1994. A  predecessor  began doing  business in 1988 as  Environmental
Control  Products.  The  Company  was  organized  to engage in any  activity  or
business not in conflict with the laws of the State of Colorado or of the United
States of America. The Company's primary business efforts were the manufacturing
and sales of an automotive  product called Turbo Master,  which was conceived by
the chairman of the board and was patented.

     The Company  business plan for  Turbomaster  failed due to lack of capital,
low oil  prices,  and  lack  of  marketing  resources.  On June  22,  2001,  the
shareholders  approved  the  spin  out  of a  wholly  owned  subsidiary,  Global
Envirotech,  Inc.  to  shareholders,  by  dividend  of  common  shares of Global
Envirotech,  on a share for share  basis.  All the  technology  and  proprietary
designs were transferred  from the Company to Global prior to spinout.  The spin
out was  effective  June 22,  2001.  Also,  on June 22, 2001,  the  shareholders
approved  and  effectuated  a one  for  two  reverse  split  of the  issued  and
outstanding shares of common stock.

     On December 21, 2001, XIN NET Corporation purchased 3,882,700 shares of the
Company from its prior shareholders.  The position purchased  constituted 71% of
the issued and outstanding common stock.

     On February  18,  2002,  the Company  shareholders  approved a one for four
reverse  split  effective  February  28,  2002 and a change  of name to The Link
Group, Inc. (OTCBB symbol: LNKG).

                                       1

<PAGE>

     XIN NET Corp.  acquired  14,100,000  common  shares  for  $600,000  cash in
February,  2002.  These shares were  subject to the one for four  reverse  split
effective  February 28, 2002.  Prior to the  purchase,  XIN NET owned  3,882,700
shares of common stock.

     In March 2002,  the Company  completed a  definitive  agreement  to acquire
ProtectServe  Pacific  Limited,  a  Hong  Kong  corporation  (PSP),  in a  Share
Exchange.  The terms of the Share  Exchange  provided  that the Company  issue a
total of 37,500,000  shares of common stock,  on a post  consolidation  basis in
consideration of 100% of the issued and outstanding stock of PSP. PSP has become
a wholly owned subsidiary.

     The Agreement  further  provided that in the event the net after tax profit
for PSP (under US GAAP) is less than  $9,000,000  (Hong Kong) for period  ending
December 31, 2002,  the Company shall have the right to  repurchase  shares from
the former PSP  shareholders,  pro rata,  at $.001 per share.  The  formula  for
computing  repurchase  shares was for every  $333,333 (Hong Kong) that PSP falls
short of the $9,000,000 (Hong Kong) net profit target, the Company had the right
to repurchase  one million shares on five days written  notice.  In 2003 to date
the Company  exercised its rights and  reacquired  14,500,000  shares which have
been retired to treasury.

During 2003, the company had significant changes in its business and operations.
In 2003,  the company  entered into an agreement  whereby  ownership of the Hong
Kong subsidiary  Protectserve Pacific (PSP) was transferred to its former owners
immediately  after  year  end.  This  is  deemed  and  treated  as  discontinued
operations.  The discontinued  operations of PSP resulted in a $337,392 loss for
the year.

     On October 17, 2003,  the Company's  wholly-owned  subsidiary,  Asia Genius
Limited  ("Asia"),  acquired  48% of the  issued and  outstanding  shares of New
Unicorn Holdings Ltd. ("New Unicorn")  through the issuance of 36,000,000 common
shares.  The  Company  also  paid a  finders  fee  of  $480,000.  New  Unicorn's
wholly-owned  subsidiary Media Creative Limited ("MCL") is engaged in design and
printing  work in the  publication  business.  As the Company has  obtained  the
control of New  Unicorn  through  having a majority of the seats on its board of
directors,  New Unicorn is considered a subsidiary of the Company.  Asia has the
option to acquire the  remaining  52% of New Unicorn for cash  consideration  of
$1,000,000.


     Wise Media is in the  publishing  and  advertising  business in China.  The
continuing operations revenues of the company are those of Creative Media.

     The  Company's  principal  business  activities  are based in Hong Kong and
comprise design and printing work in the publication  business (through MCL) and
developing and marketing computer hardware and web-based surveillance monitoring
and control  systems  (through PSP).  Information  concerning  MCL's business is
presented in these financial  statements as continuing  operations.  Information
concerning  PSP's  business  is  presented  in  these  financial  statements  as
discontinued  operations.  Significant  customers  relating  to  these  business
segments are as follows:

              MCL

     From the date of  acquisition,  October 17, 2003 to December 31, 2003,  one
customer accounted for 53% of the Company's revenue.

              PSP

     During the year ended December 31, 2003, two customers accounted for 62% of
the Company's revenue with totals of 39% and 23% respectively.

     During the year ended  December 31, 2002,  no customers  accounted for more
than 10% of the Company's revenues.


                                       2

<PAGE>

     The  applications of the GeniusEye  Systems by existing users are mainly in
the  areas  of  remote  business   management  which  include  retail  operation
management,    remote     manufacturing/warehousing     operation    management,
property/building  management and monitoring of unmanned premises and equipment.
Along with the advancement of technology,  in particular the Internet  industry,
the Company believes that the applications of GeniusEye Systems can be extended,
especially in the area of e-promotion, e-commerce and m-commerce.

     GeniusEye  Systems are offered at lower cost,  higher  performance and more
cost effective  than any other similar device on the market.  It can be deployed
for either fixed or mobile usage,  using wired or wireless signal  distribution.
PSP is introducing the GeniusEye Systems on a worldwide basis starting from Hong
Kong,  Greater China and Asia Pacific region.  The company believes the products
can compete in a growing market for remote video surveillance.

     PSP's business  model relies on a  multi-stream  revenue base including the
sale of GeniusEye  Systems,  OEM or licensing of the core technology to industry
leaders for  integration  with their  products  and fees from  back-end  support
services realized through  international sales by authorized  distributors.  PSP
has revenues, and has international distributors for GeniusEye Systems.

     Due to declining sales and high volume of receivables,  on August 19, 2002,
the Company sold its ownership of shares in Infotech Networks & Cabling Limited,
the  network/cable  installation  subsidiary  of PSP in  China  to  Simon  Wong,
formerly a Director,  who resigned in July 2002. The purchase  consideration was
as follows:  The purchase price is  HK$15,442,800  (Fifteen Million Four Hundred
Forty-Two Thousand and Eight Hundred HK Dollars) comprising of cash HK$1,200,000
(One Million and Two Hundred  Thousand)  and  8,300,000 of The Link Group,  Inc.
shares  valued at  US$0.22  (HK$1.716)  to the  Vendor.  Cash has to be  payable
according to the following schedule:  HK$400,000 Deposit upon signing HK$200,000
On or before  September  30,  2002  HK$200,000  On or before  October  31,  2002
HK$200,000 On or before  November 30, 2002  HK$200,000 On or before December 31,
2002 The Company sold its interest because of continued operating losses for the
subsidiary  and the  unfavorable  outlook  for the  foreseeable  future for such
subsidiary.  The management  believes the sale will a) provide return of part of
capital invested for other uses, b) reduce outstanding shares of the Company, c)
reduce operating losses of the Company,  d) reduce capital outlays  attributable
to the network/cabling subsidiary.

     Parent:  The Link Group, Inc.

Subsidiaries : (1) Asia Genius Limited (a Hong Kong  corporation)  is 100% owned
by Registrant (2) Asia Genius Limited owns 48% of New Unicorn  Holdings LTD. New
Unicorn owns 100% of Media Creative Limited.


Administrative Offices

     The Company currently  maintains an administrative  office at Suite 950-789
West Pender  Street,  Vancouver,  B.C.  Canada V6C 1H2.  Other than this mailing
address, the Company does not currently maintain any other administrative office
facilities,  and does not  anticipate  the need for  maintaining  administrative
office  facilities  at any time in the  foreseeable  future.  The  Company  pays
monthly  rent of $750  Canadian  plus 7% GST  (about  US$ 530  total)  for  this
address.

Employees

     At March 31, 2004,  the Company had 12 employees in its PSP  subsidiary in
Hong Kong.

                                       3
<PAGE>

Item 2.  PROPERTIES
         ----------

         Facilities

     The Company  currently  maintains  an office at Suite  950-789  West Pender
Street,  Vancouver,  B.C. Canada V6C 1H2, and the primary  offices of its wholly
owned  subsidiary are at 1101 - 2 Electric Road, North Point, in Hong Kong which
consists of 3200 sq. ft. leased from Sino Real Estate Co. Ltd., a nonaffiliate.

         Real Property

         None

         Mineral Properties

         None

Item 3.  LEGAL PROCEEDINGS
         -----------------

         As of December 31, 2003, the Company was neither a party nor were any
of its assets subject to any legal proceedings.

Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
         ---------------------------------------------------

     The  following  matters were  submitted  during the period  covered by this
report to a vote of security holders of the Company, through the solicitation of
proxies or otherwise.



                                       4
<PAGE>

                                     PART II

Item 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
         ---------------------------------------------------------------------

The Company common stock was traded on the NASD Electronic  Bulletin Board under
the symbol - "LNKG" in 2003 and 2002.  The  following  table sets forth high and
low bid  prices of its  common  stock for the year ended  December  31,  2003 as
follows:

                                          Bid (U.S. $)
                                     HIGH             LOW
                                     ----             ---
--------------------------------------------------------
2002
--------------------------------------------------------
First Quarter                       0.25             0.01
Second Quarter                      0.53             0.25
Third Quarter                       0.51             0.48
Fourth Quarter                      0.51             0.41

                                    HIGH              LOW
                                    ----              ---

---------------------------------------------------------
2003
---------------------------------------------------------
First Quarter                      0.30              0.07
Second Quarter                     0.07              0.07
Third Quarter                      0.07              0.01
Fourth Quarter                     0.02              0.01

The price quotes may not reflect actual transactions, and do not reflect
interdealer markup or markdown.

     As of  December  31,  2003,  there  were  about 100  record  holders of the
Company's common Stock.


Item 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        -----------------------------------------------------------------------
OF OPERATIONS
- -------------

           The information presented here should be read in conjunction with The
Link Group Inc.'s consolidated financial statements and related notes.

RESULTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2003 AS COMPARED TO THE 12
MONTHS ENDED DECEMBER 31, 2002.

The Company had $799,378 in sales revenue in Fiscal year ended December 31, 2003
as compared to none in 2002 after excluding discontinued operations. The company
incurred cost of sales of $638,318.

                                       5
<PAGE>

in the fiscal  year ended  December  31,  2003  compared  to none in 2002(due to
exclusion  of  discontinued  operations).  The Company had  expenses of $362,399
compared to expenses of $76,393  (excluding  discontinued  operations)  in 2002.
There was a loss from discontinued operations of $337,392 compared to $1,445,002
in 2002. The net loss for the year was $558,342  compared to $1,521,395 in 2002.
The basic and diluted loss per share from continuing operations was $0.00 in the
fiscal  years  ended 2003 and 2002.  The basic and  diluted  loss per share from
discontinued operations was $0.01 in 2003 and $0.04 in 2002.


Net  operating  cash flows  decreased  to a negative  cash flow of  $140,586  in
2003 from a negative  cash flow of  $61,914 in 2002.  Net loss for the year  and
changes  in  working  capital  items are the main  contributing  factors  to the
year-over-year  change in operating  cash flow.  Net cash flow used in investing
activities  decreased to $170,741 in 2003 from $535,885 in 2002. Cash flows from
financing activities decreased to $309,158 in 2003 from $600,300 in 2002.

Cash  flows  from  discontinued  operations  increased  to a net cash  inflow of
$127,154 in 2003 compared to a net cash outflow of $238,597 in 2002.


LIQUIDITY AND CAPITAL RESOURCES

     The Company had cash capital of $136,702 at year-end 2003. $136,370 relates
to the discontinued operations of PSP.

     The Company has no other  capital  resources  other than the ability to use
its common stock to achieve  additional  capital  raising.  It has  equipment of
$52,738 on the books,  which is not necessarily liquid at such value. Other than
its current assets, its other assets would be illiquid.

     At the  fiscal  year-end  it had  $942,298  in current  assets and  current
liabilities of  $936,577 ,for a working capital surplus of $5,721.  A large
part of the assets are trade receivables which may not be fully collected in the
future.




                                       6
<PAGE>
Changes in Financial Condition:

     During 2003, the company had significant changes in its business and
operations.  In 2003, the company entered into an agreement whereby ownership of
the Hong Kong subsidiary Protectserve Pacific (PSP) was transferred to its
former owners.  This is deemed and treated as
discontinued operations.  The company wrote off $798,709 in assets and NO
liabilities were assumed by the acquiring shareholders of PSP.

Wise Media was acquired in October 2003, via Asia Genius  Limited,  a 100% owned
subsidiary,  through  a share  exchange  for 48% of Wise  Media  ownership.  The
principals of the Company  control the Board of Wise Media,  and therefore,  the
operations  of  Wise  Media  from  the  acquisition  date  are  included  in the
consolidated  financial  statements  of  the  Company.  Wise  Media  is  in  the
publishing and advertising business in China.


 Need for Additional Financing:

     The Company  does not have  sufficient  capital to meet its short term cash
needs,   including  the  costs  of  compliance  with  the  continuing  reporting
requirements of the Securities  Exchange Act of 1934. It will have to seek loans
or equity placements to cover longer term cash needs to continue  operations and
expansion.  No  commitments  to  provide  additional  funds  have  been  made by
management or other  stockholders.  Accordingly,  there can be no assurance that
any  additional  funds  will be  available  to the  Company to allow it to cover
operations expenses.

     If future revenue declines, or operations continue as unprofitable, it will
be forced to develop  another  line of  business,  or to finance its  operations
through  the  sale of  assets  it has,  or enter  into  the  sale of  stock  for
additional capital, none of which may be feasible when needed.

     From the aspect of  whether it can  continue  toward the  business  goal of
maintaining and expanding the current business,  it may use all of its available
capital without generating a profit.

  The effects of inflation have not had a material impact on its operation, nor
is it expected to in the immediate future.

  Although the Company is unaware of any major seasonal aspect that would have a
material effect on the financial condition or results of operation, the first
quarter of each fiscal year is always a financial concern. It is not uncommon
for companies to shut down their operation or operate on a skeletal crew during
the Chinese New Year holiday. Therefore in effect, the first quarter really has
only two months for generating revenue.

Market Risk:

  The Company does not hold any derivatives or investments that are subject to
market risk. The carrying values of any financial instruments, approximate fair
value as of those dates because of the relatively short-term maturity of these
instruments which eliminates any potential market risk associated with such
instruments.

                                       7
<PAGE>

 The Company has no plans for any research and  development  in the next
twelve  months.  The Company has no plans at this time for purchases or sales of
fixed assets which would occur in the next twelve months.

         The Company has no expectation or anticipation  of significant  changes
in number of  employees  in the next twelve  months,  however,  if it achieves a
business  acquisition,  it may acquire or add employees of an unknown  number in
the next twelve months.

Going Concern Risk

         The Company's  auditor has issued a "going  concern"  qualification  as
part of his opinion in the Audit Report.

There is  substantial  doubt  about the  ability of the Company to continue as a
"going  concern." The Company has accumulated a deficit of $1,936,660  since its
inception, limited developed business in the form of a minority interest, little
working capital and no capital commitments to ensure the company will be able to
meet its obligations  and repay its liabilities  when they come due. The effects
of such  conditions  could easily be to cause the Company's  bankruptcy,  except
there are no assets to liquidate in Bankruptcy.

     The Company has incurred  significant  losses from  operations for the year
ended December 31, 2003, and such losses are expected to continue. The foregoing
raises  substantial  doubt  about the  Company's  ability to continue as a going
concern.  Management's  plans include  seeking  additional  capital  and/or debt
financing  or the  possible  sale of the  Company.  There is no  guarantee  that
additional  capital  and/or debt  financing  will be  available  when and to the
extent  required,  or that if available,  it will be on terms  acceptable to the
Company.  The consolidated  financial  statements do not include any adjustments
that might result from the outcome of this uncertainty.

     The  Company  has  received  an  opinion  from  its  independent   auditors
containing an explanatory paragraph that describes such auditors' uncertainty as
to the  Company's  ability to continue as a going  concern due to the  Company's
negative  cash  flow.  As of the date the  independent  auditors  rendered  this
opinion, the Company did not have access to sufficient committed capital to meet
the Company's  projected operating needs for at least the next twelve months. If
the Company  does not achieve  positive  operating  results  within the next few
months, then it will require additional financing. If positive operating results
are not achieved in the short term, then the Company intends to take measures to
reduce expenditures so as to minimize its requirements for additional financing,
which financing may not be available on terms  acceptable to the Company,  if at
all. Such measures may include reduction of the Company's cost of operations and
restructuring employee compensation packages. There can be no assurance that the
Company  will be able to  generate  internally  or  raise  sufficient  funds  to
continue the Company's  operations,  or that the Company's  independent auditors
will not issue another opinion with a going concern qualification. The Company's
consolidated  financial statements do not include any adjustments to reflect the
possible future affects on the  recoverability  and  classification of assets or
the amounts and classification of liabilities that may result from the Company's
possible inability to continue its operations.

                                       8

<PAGE>




Item 7.  Financial Statements and Supplementary Data
         -------------------------------------------

                  Please refer to pages F-1 through F-9.

Item 8.  Changes in and Disagreements on Accounting and Financial Disclosure
         -------------------------------------------------------------------

        None.

Item 8a Controls and Procedures
----------------------------------

Evaluation of Internal and Disclosure Controls
----------------------------------------------

     The  management  of the  company has  evaluated  the  effectiveness  of the
issuer's disclosure controls and procedures as of a date within 90 days prior to
the filing  date of the report  (evaluation  date) and have  concluded  that the
disclosure  controls and procedures are adequate and effective  based upon their
evaluation as of the evaluation date.

     There were no significant  changes in internal controls or in other factors
that could significantly  affect internal controls subsequent to the date of the
most recent evaluation of such,  including any corrective actions with regard to
significant deficiencies and material weaknesses.




                                    PART III

Item 9.  Directors and Executive Officers of the Registrant and Compliance with
         ----------------------------------------------------------------------
         Section 16(a)
         -------------

The directors and executive officers of the Company as of December 31, 2003, are
as follows:

<TABLE>
<CAPTION>

 Name                               Age              Position                                    Term
- ------                             -----             --------                                   ------
<S>                                 <C>              <C>                                         <C>

Ernest Cheung                       54               Secretary/CFO                               Annual

Thomsen Lee                         50               President/Director                          Annual
                                                     (as of 2003)
</TABLE>

                                       9
<PAGE>


     ERNEST  CHEUNG,  age 54, has been  Director/CFO  and  Secretary of The Link
Group,  Inc. since January 2002. He was appointed as a Director and President of
The Link Group, Inc. in December  2001.  He resigned as President in early 2002
and became Secretary to The Link Group,  Inc. He received a B.A. in Math in 1973
from University of Waterloo Ontario. He received an MBA in Finance and Marketing
from  Queen's  University,  Ontario  in  1975.  From  1991 to  1993 he was  Vice
President  of Midland  Walwyn  Capital,  Inc. of Toronto,  Canada,  now known as
Merrill  Lynch  Canada.  From 1992  until 1995 he served as Vice  President  and
Director of Tele Pacific  International  Communications Corp. He has also served
as President for Richco  Investors,  Inc. since 1995. He is currently a Director
of Agro International  Holdings, Inc. since 1997, Xin Net Corp. since 1998, Spur
Ventures,  Inc. since 1997, Richco Investors,  Inc. since 1995 and Drucker, Inc.
since 1997. In 2000, he became President and a Director of China NetTV Holdings,
Inc.

Mr. Cheung is an officer or director in the following public companies:


<TABLE>
<CAPTION>

Name of Issuer                      Symbol  Market   Position     From     To         Business
- --------------                      ------  ------   --------     ----     --         --------
<S>                                 <C>     <C>      <C>          <C>      <C>        <C>
Agro International Holdings Inc.    AOH     CDNX     President    Jan-97   Current    Agriculture
China NetTV Holdings Inc.*          CTVH    OTCBB    President    May-00   Current    Set-Top Box Technology
Drucker, Inc.*.                     DKIN    OTCBB    Secretary    Apr-97   Current    Oil & Gas
ITI World Investment Group Inc.     IWI.A   CDNX                  Jun-98   Current    Beverage Distribution
NetNation Communications Inc.       NNCI    Nasdaq Small Cap.     Apr-99   Current    Domain Name
                                                                                      Registration
Richco Investors Inc.               YRU.A   CDNX     President    May-95   Current    Financial, Management,
                                                                                      Capital Market Services
Spur Ventures Inc.                  SVU     CDNX                  Mar-97   Current    Fertilizer
The Link Group Inc.*                LNKG    OTCBB    Secretary    Dec-01   Current    Internet Surveillance
Xin Net Corp.*                      XNET    OTCBB    Secretary    Mar-97   Current    China Internet
</TABLE>

* Reporting Companies in US

         He has held a Canadian Securities license but is currently inactive. He
has been a Director and Secretary of Registrant since January 1997.



                                       10
<PAGE>



     Thomsen Lee, 50 was appointed  President  and Director in 2003.  Mr. Lee is
currently  Director of Railway Optical Fiber Information & Technology Co Ltd, an
Associate Company of China Railway  Communication in China. He has over 23 years
of IT business in retail marketing and products distribution. In early 2000, Mr.
Lee had been  appointed as Vice Chair- man of eCyber China  Holdings Ltd, a Hong
Kong Public Listed Company.  His major contribution  included  implementing over
4,000  muti-media  telephone  booths and smart card  technology  in the  railway
stations of all major cities in China which had created substantial  advertising
and new revenue to the Group. During the same period, he had developed two major
property web sites in China, namely CRED.net and PRCproperty.com in his capacity
as the Director of China Real Estate  Development  Group.  From 1980 to 2000, he
was the  Managing  Director of  "Unihall," a reputable  retail and  distribution
company  for  Computer  Software  and  Publication  in Hong Kong and  China.  He
graduated  from McMaster  University,  Ontario,  Canada.  with a B. Sc degree in
1979.

     No officer or director  position nor  appointee  for director  position has
been the subject of any civil regulatory  proceeding or any criminal  proceeding
in the past five years.

         The term of office of each director and executive officer ends at, or
immediately after, the next annual meeting of shareholders of the Company.
Except as otherwise indicated, no organization by which any director or officer
has been previously employed is an affiliate, parent or subsidiary of the
Company.



                                        11

<PAGE>


Section 16(a) of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), requires the Company's officers and directors, and persons who
own more than 10% of a registered class of the Company's equity securities, to
file reports of ownership and changes in ownership of equity securities of the
Company with the Securities and Exchange Commission and NASDAQ. Officers,
directors and greater-than 10% shareholders are required by the Securities and
Exchange Commission regulation to furnish the Company with copies of all Section
16(a) filings.

Based on company records 16(a) Filing Status in 2003 was as follows:

                                  Late Filings
                                  ------------
                       (0) = not filed as of date hereof.


                         Form 3        Form 4            Form 5
                         ------        ------            ------

Ernest Cheung             0              0                 0
- ------------------------------------------------------------------------------
Justin Kwei               0              0                 0
--------------------------------------------------------------------------------
Wilson Yim                0              0                 0
--------------------------------------------------------------------------------
Thomsen Lee               0              0                 0
--------------------------------------------------------------------------------


                                       12
<PAGE>

Item 10. Executive Compensation

         The Company accrued or paid compensation to the executive
officers as a group for services rendered to the Company in all capacities
during the fiscal year ended December 31, 2003 as shown in following table:

<TABLE>
<CAPTION>

                    SUMMARY COMPENSATION TABLE OF EXECUTIVES
                          Year Ended December 31, 2003

                                    Annual Compensation                         Awards
======================== ========= ========== ============= ======================= ====================== ======================
<S>                      <C>       <C>        <C>           <C>                     <C>                    <C>
Name and Principal                                                                                         Securities
Position                           Salary     Bonus ($)     Other Annual            Restricted Stock       Underlying
                         Year      ($)                      Compensation ($)        Award(s) *             Options/SARs(#)
======================= ========= ========== ============= ======================= ====================== ======================
Thomson Lee,
Director, President      2003      0          0             0                       0                      0
(2003)                   --------- ---------- ------------- ----------------------- ---------------------- ----------------------
                         2002      0          0             0                       0                      0
======================== ========= ========== ============= ======================= ====================== ======================

Ernest Cheung,           2003      0          0             0                       0                      0
Secretary/Treasurer      --------------------------------------------------------------------------------------------------------
(President, January to   2002      0          0             $16,500                 0                      0
March 2002)
======================== ========= ========== ============= ======================= ====================== ======================
Justin Kwei,
(President March
2002-2003)               2003      0          0             0                       0                      0
                         --------- ---------- ------------- ----------------------- ---------------------- ----------------------

                         2002      0          0             0                       0                      0
======================== ========= ========== ============= ======================= ====================== ======================
Total for Officers       2003      0          0             0                       0                      0
 as a group              --------------------------------------------------------------------------------------------------------
                         2002      0          0             $16,5000                0                      0
======================== ========= ========== ============= ======================= ====================== ======================
* Excludes shares listed under Directors Compensation.

</TABLE>

                                       13
<PAGE>

         The Company has no employee incentive stock option plan.

     There  are  no  plans  pursuant  to  which   additional  cash  or  non-cash
compensation was paid or distributed during the last fiscal year, or is proposed
to be paid or  distributed  in the  future,  to the  executive  officers  of the
Company.  No other  compensation  not  described  above was paid or  distributed
during the last fiscal year to the executive officers of the Company.  There are
no compensatory  plans or arrangements,  with respect to any executive office of
the Company, which result or will result from the resignation, retirement or any
other  termination of such  individual's  employment  with the Company or from a
change  in   control   of  the   Company   or  a  change  in  the   individual's
responsibilities following a change in control.

         Option/SAR Grants Table (None)

     Aggregated  Option/SAR  Exercises in Last Fiscal Year and FY-End Option/SAR
value (None)

         Long Term Incentive Plans - Awards in Last Fiscal Year (None)

<TABLE>
<CAPTION>

                                     DIRECTOR COMPENSATION FOR LAST FISCAL YEAR

(Except for compensation of Officers who are also Directors which Compensation
is listed in Summary Compensation Table of Executives)

                                     Cash Compensation                  Security Grants
Name                              Annual Retainer   Meeting Fees   Consulting            Number of     Number of Securities
                                  Fees ($)          ($)            Fees/Other Fees ($)   Shares (#)    Underlying Options/SARs(#)
- --------------------------------- ----------------- -------------- --------------------- ------------- ---------------------------
<S>                               <C>               <C>            <C>                   <C>           <C>
A. Director                       0                 0              0                     500,000       0
Justin Kwei
(resigned 2003)

B. Director                       0                 0              0                     3,000,000     0
Ernest Cheung

C. Director                       0                 0              0                     3,000,000     0
Thomsen Lee
(appointed 2003)

D. Director                       0                 0              0                     3,380,000     0
Wilson Yim
(resigned 2003)

Total for Directors               0                 0              0                     9,888,000     0
as a group
</TABLE>
<PAGE>

Aggregated  Option/SAR  Exercises in Last Fiscal Year and FY-End Option/SAR
value (None)

Committees and Procedures

        (1)     The Registrant has no standing audit, nominating, and compensa-
                tion committees of the Board of Directors or committees perform-
                ing similar functions.  The Board acts itself in lieu of
                committees due to its small size.

        (2)     The view of the Board of Directors is that it is appropriate for
                the Registrant not to have such a committee, because all
                directors participate in the consideration of director nominees,
                and the Board is so small.

        (3)     Each of the members of the Board which acts as nominating
                committee is not independent, pursuant to the definition of
                independence of a national securities exchange registered
                pursuant to section 6(a) of the Act (15 U.S.C. 78f(a).

        (4)     The nominating committee has no policy with regard to the
                consideration of any director candidates recommended by
                security holders, but the committee will consider director
                candidates recommended by security holders.

        (5)     The basis for the view of the board of directors that it is
                appropriate for the Registrant not to have such a policy is that
                there is no need to adopt a policy for a small company.

        (6)     The nominating committee will consider candidates recommended by
                security holders, and by security holders in submitting such
                recommendations; should provide a completed Directors Question-
                naire to the Company.

        (7)     There are no specific, minimum qualifications that the nominat-
                ing committee believes must be met by a nominee recommended by
                security holders except to find anyone willing to serve with
                clean background.  There are no differences in the manner in
                which the nominating committee evaluates nominees for director
                based on whether the nominee is recommended by a security
                holder, or found by the Board.

        (8)     The nominating committee's process for identifying and evalua-
                tion nominees for director, including nominees recommended by
                security holders, is to find anyone willing to serve with clean
                background. There are no differences in the manner in which the
                nominating committee evaluates nominees for director based on
                whether the nominee is recommended by a security holder, or
                found by the Board.

        (9)     With regard to each nominee approved by the nominating committee
                for inclusion on the Registrant's proxy card (other than
                nominees who are executive officers or who are directors stand-
                ing for re-election), state which one or more of the following
                categories of persons or entities recommended that nominee:
                Board of Directors and Executive Officers.


                                       14
<PAGE>

<TABLE>
<CAPTION>


Item 11. Security Ownership of Certain Beneficial Owners and Management

         The following table sets forth information, as of July 14, 2004,
with respect to the beneficial ownership of the Company's  common
stock by each person known by the Company to be the beneficial owner of more
than five percent of the outstanding common stock, and each officer and director
of the company.

                                                      Number of                 Percentage of
                  Name                              Shares Owned                    Class
                                                     (common)
- -------------------------------------------- --------------------------- ----------------------------
<S>                                             <C>                              <C>



Xin Net Corp.                                   15,337,303 (2)                   17.4%
Suite 950-789 West Pender Street                +(2) 3,000,000                   20.7%
Vancouver, B.C. Canada
V6C 1H2

Thomson Lee                                     3,000,000                         3.4%
1101-2, 11th Floor 148 Electric Rd.
North Point, Hong Kong

Rail Cyber Group LTD.                           6,857,142                         7.8%
Suite 1702, 200 Gloucester Rd.
Wanchai, Hong Kong

Top Harmony Holdings Limited                    7,500,000                         8.5%
P.O. Box 957
Offshore Incorporation Centre
Road Town, Tortola

BVI ( Beneficially Whitney Yin Tang) (6)
Whitney Yin Tang (7)                            6,000,000                         6.8%
U1828/G Socundwill Playa
28 Russell St., Causeway Bay
Hong Kong


                                       15
<PAGE>

- -------------------------------------------- --------------------------- ----------------------------
Ernest Cheung, Secretary/Treasurer, Director    3,000,000 (1)(2)(3)                    3.3%
Suite 950-789 West Pender Street                +(4)15,370,675 through XIN NET Corp. (20.1%)
Vancouver, B.C. Canada
V6C 1H2
- -------------------------------------------- --------------------------- ----------------------------
Justin Kwei                                    5,000,000 (including 2,000,000          6.2%
Suite 950-789 West Pender Street               shares owned by spouse) (1)(3)(5)
Vancouver, B.C. Canada
V6C 1H2

Wilson Yim                                      5,380,000 (including 2,000,000
Suite 950-789 West Pender Street                 shares owned by spouse)(3)            6%
Vancouver, B.C. Canada                          (5)
V6C 1H2

Lun Hing Tang & Lai Hon Tang
Flat C, 8th Fl. Tai Pak Terrace
36 Sands St., Kennedy Town
Hong Kong

Officers and Directors as a group               36,870,675 (4)                    83%
at 12/31/02

</TABLE>

(1) Officer
(2) XIN NET Corp. is beneficially controlled by Ernest Cheung and Maurice
    Tsakok who are members of the Board of Directors and officers of XIN NET
    Corp.
(3) Director
(4) Including XIN NET Corp shareholding through interlocking control.
(5) Resigned 2003
(6) Top Harmony is beneficially owned by Whitney Yin Tang
(7) Whitney Yia Tang beneficially owns Top Harmony Holdings LTD.

                                       16

<PAGE>


                                     PART IV

Item 12. Certain Relationships and Related Transactions.
         ----------------------------------------------


Transactions with Management and Others

     In March 2002,  the Company  completed a  definitive  agreement  to acquire
ProtectServe  Pacific  Limited,  a  Hong  Kong  corporation  (PSP),  in a  Share
Exchange.  The terms of the Share  Exchange  provided  that the Company  issue a
total of 37,500,000  shares of common stock,  on a post  consolidation  basis in
consideration of 100% of the issued and outstanding stock of PSP. PSP has become
a wholly  owned  subsidiary.Protectserve  Pacific Ltd (PSP ) is a developer  and
provider of Surveillance  Monitoring Control Systems,  Data Acquisition Systems,
Internet  Services  and Wireless  Communication  Systems.The  Agreement  further
provided  that in the event the net after tax  profit for PSP (under US GAAP) is
less than  $9,000,000  (Hong Kong) for period  ending  December  31,  2002,  the
Company  shall  have  the  right  to  repurchase  shares  from  the  former  PSP
shareholders, pro rata, at $.001 per share. The formula for computing repurchase
shares  was:  For  every  $333,333  (Hong  Kong)  that  PSP  falls  short of the
$9,000,000  (Hong Kong) net profit  target,  the Company shall have the right to
repurchase one million shares on five days written notice.

                                       17
<PAGE>

In 2003, the Company exercised its repurchase rights and reacquired 14,500,000
shares from the PSP principals. In 2002, the Company reacquired 8,300,000 from
Simon Wong in conjunction with the sale of Infotech Networks and Cabling (See
below).

     On 21st March  2003,  the  Company  signed an  agreement  to  acquire  100%
interest in Wise Media Investments  Limited. The agreement has been changed from
Wise Media to New  Unicorn  Holdings  LTD,  the new holder of 99.99%  beneficial
interest in Media Creative Limited,  a Hong Kong based company primarily engaged
in design and printing work in publication business.

As of October 17, 2003, the Link Group, Inc. ("the Company") completed the first
stage of the  acquisition of Media Creative  Limited  through the issuance of 36
million common shares for 48% of New Unicorn  Holdings  Limited.  New Unicorn is
the owner  99.99% of Media  Creative.  The  Company has an option to acquire the
remaining 52% of New Unicorn for $1 million.

In 2003 Ernest Cheung received 3 million common shares as part of the
acquisition of New Unicorn Holdings LTD.  In 2004 Justin Kwei received 500,000
shares in consideration of compensation.  In 2003 Thomson Lee received 3,000,000
shares as part of the acquisition of New Unicorn.  In 2003 Wilson Yim received
880,000 shares in settlement of an account payable.  Whitney Yin Tang received
6,000,000 shares and is beneficial owner of Top Harmony Holdings LTD which
received 7,500,000 shares in the transaction to acquire New Unicorn Holdings.
In 2004, Wilson Yim received 2,500,000 shares as compensation for services.


                                       18
<PAGE>



Item 13. Exhibits and Reports on Form 8-K
         --------------------------------

                  The following documents are filed as part of this report:

                  1.       Reports on Form 8-K:

                           8-K filed October 28, 2003
                           8-K filed April 10, 2003
                           8-K filed March 7, 2003


                  2.       Exhibits:

                           None


Item 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

General. Amisano Hanson is the Company's principal auditing accountant firm. The
Company's  Board of Directors  has  considered  whether the  provisions of audit
services is compatible with maintaining Amisano Hanson independence.

     Audit Fees.  Amisano  Hanson  billed the Company  $39,970 for the following
professional  services:  audit of the annual financial  statement of the Company
for the fiscal year ended December 31, 2003, and review of the interim financial
statements  included in quarterly  reports on Form 10-QSB for the periods  ended
March 31, 2003, June 30, 2003 and September 30, 2003.  Amisano Hanson billed the
Company $31,010 for the 2002 audit and $23,190 for the 2003 Audit.

         There were no "audit related" fees in 2002 or 2003. There were no tax
fees or other fees in 2002 or 2003 paid to Auditors or Auditors affiliates.

         The Company's Board acts as the audit committee and had no
"pre-approval policies and procedures" in effect for the auditors' engagement
for the audit year 2002 and 2003.
                                       19

<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                            THE LINK GROUP, INC.
                                            (Registrant)

Date: July 28, 2004
                                            /s/Thomsen Lee
                                            ------------------------------------
                                            Thomsen Lee, President

                                            /s/Ernest Cheung
                                            ------------------------------------
                                            Ernest Cheung, CFO

                                            DIRECTORS:

                                            /s/Thomsen Lee
                                            ---------------------------------
                                            Thomsen Lee

                                            /s/Ernest Cheung
                                            ---------------------------------
                                            Ernest Cheung

                                       20


<PAGE>





                              The Link Group, Inc.
    Notes to the Consolidated Financial Statements December 31, 2003 and 2002
                             (Stated in US Dollars)



                              THE LINK GROUP, INC.

                  REPORT AND CONSOLIDATED FINANCIAL STATEMENTS

                           December 31, 2003 and 2002

                             (Stated in US Dollars)



<PAGE>




             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders
The Link Group, Inc.

We have audited the accompanying consolidated balance sheets of The Link Group,
Inc. and subsidiaries as of December 31, 2003 and 2002 and the related
consolidated statements of operations, cash flows and stockholders' equity
(deficiency) for the years ended December 31, 2003 and 2002. These financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audits.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States of America). Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amount and disclosures in
the financial statements. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our
audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present
fairly, in all material respects, the financial position of The Link Group, Inc.
and subsidiaries as of December 31, 2003 and 2002 and the results of their
operations and their cash flows for the year end December 31, 2003 and 2002 in
conformity with accounting principles generally accepted in the United States of
America.

The accompanying consolidated financial statements referred to above have been
prepared assuming that the Company will continue as a going concern. As
discussed in Note 1 to the financial statements, conditions exist which raise
substantial doubt about the Company's ability to continue as a going concern
unless its is able to generate sufficient cash flows to meet its obligations and
sustain its operations. Management's plans in this regard to these matters are
also described in Note 1. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

Vancouver, Canada                                     Amisano Hanson
May 20, 2004                                          Chartered Accountants




<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
                           CONSOLIDATED BALANCE SHEETS
                           December 31, 2003 and 2002
                             (Stated in US Dollars)

<S>                                                                             <C>                 <C>

                                                       ASSETS                      2003                 2002
                                                       ------                      ----                 ----
Current
   Cash                                                                         $         332       $       2,501
   Receivables   - trade                                                              484,230                    -
                 - other                                                               15,884                    -
   Prepaid expenses                                                                    24,555                  511
   Current assets of discontinued operations - Note 9                                 417,297              336,498
                                                                                -------------        -------------
                                                                                      942,298              339,510
Deferred investment costs - Notes 5 and 7                                                   -              480,000
Property and equipment - Note 4                                                        52,738                    -
Goodwill                                                                            1,809,357                    -
Long term assets of discontinued operations - Note 9                                  190,538              338,613
                                                                                -------------       --------------
                                                                                $   2,994,931       $    1,158,123
                                                                                =============       ==============
                                                    LIABILITIES
Current
   Bank indebtedness - Note 6                                                   $      60,044       $            -
   Accounts payable and accrued liabilities                                           322,312               14,990
   Taxes payable                                                                       37,685                    -
   Due to related parties - Notes 7 and 13                                            208,958                    -
   Current liabilities of discontinued operations - Note 9                            307,578              132,717
                                                                                -------------       --------------
                                                                                      936,577              147,707
Minority interest                                                                     779,612                    -
Long term liabilities of discontinued operations - Note 9                              15,118            1,066,250
                                                                                -------------       --------------
                                                                                    1,731,307            1,213,957
                                                                                -------------       --------------
</TABLE>
SEE ACCOMPANYING NOTES


<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
                           CONSOLIDATED BALANCE SHEETS
                           December 31, 2003 and 2002
                             (Stated in US Dollars)
<S>                                                                             <C>                 <C>


                                                                                   2003                 2002
                                                                                   ----                 ----

                                         STOCKHOLDER'S EQUITY (DEFICIENCY)
Common stock, $0.0001 par value - Note 13 Authorized:
     200,000,000
   Issued:
     75,851,301 (2002:  45,051,301)                                                     7,585                4,505
Paid-in capital                                                                     3,192,699            1,317,979
Deficit                                                                            (1,936,660)          (1,378,318)
                                                                                -------------       --------------
                                                                                    1,263,624              (55,834)
                                                                                -------------       --------------
                                                                                $   2,994,931       $    1,158,123
                                                                                =============       ===============
Nature and Continuance of Operations - Note 1 Commitments - Note 10 Subsequent
Events - Notes 9 and 13

</TABLE>
SEE ACCOMPANYING NOTES


<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                 for the years ended December 31, 2003 and 2002
                             (Stated in US Dollars)
<S>                                                                             <C>                <C>


                                                                                 2003                 2002
                                                                                 ----                 ----

Sales                                                                           $   779,378        $           -
Cost of sales                                                                       638,318                    -
                                                                                -----------        -------------
Gross profit                                                                        141,061                    -
                                                                                -----------        -------------
Expenses
   Depreciation                                                                      17,395                    -
   Selling, general and administrative expenses - Note 7                            345,004               76,393
                                                                                -----------        -------------
                                                                                    362,399               76,393
                                                                                -----------        -------------
Loss from continuing operations before minority interest                           (221,338)             (76,393)
Minority interest                                                                       388                    -
                                                                                -----------        -------------
Loss from continuing operations                                                    (220,950)             (76,393)

Loss from discontinued operations - Note 9                                         (337,392)          (1,445,002)
                                                                                -----------        -------------
Net loss for the year                                                           $  (558,342)       $  (1,521,395)
                                                                                ===========        =============
Basic and diluted loss per share from continuing operations                     $    (0.00)        $       (0.00)
                                                                                ===========        =============
Basic and diluted loss per share from discontinued operations                   $    (0.01)        $       (0.04)
                                                                                ===========        =============
Basic and diluted loss per share                                                $    (0.01)        $       (0.04)
                                                                                ===========        =============
Weighted average number of common shares outstanding                            58,189,383            45,559,634
                                                                                ===========        =============

</TABLE>
SEE ACCOMPANYING NOTES

<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                 for the years ended December 31, 2003 and 2002
                             (Stated in US Dollars)
<S>                                                                             <C>                   <C>

                                                                                    2003                      2002
                                                                                    ----                      ----
Operating Activities
   Net loss for the year from continuing operations                             $    (220,950)        $    (76,393)
   Adjustment for non-cash items:
     Depreciation                                                                      17,395                    -
     Minority interest                                                                   (388)                   -
   Changes in working capital items:
     Trade receivables                                                                (89,340)                   -
     Other receivables                                                                 82,213                    -
     Prepaid expenses                                                                  11,020                 (511)
     Accounts payable and accrued liabilities                                          80,271               14,990
     Income taxes payable                                                               4,009
     Deferred revenue                                                                 (24,816)                   -
                                                                                --------------         -----------
Cash used in operating activities                                                    (140,586)             (61,914)
                                                                                --------------         -----------
Investing Activities
   Deferred investment costs                                                                -             (480,000)
   Acquisition of property and equipment                                               (4,514)                   -
   Cash acquired on acquisition of subsidiary                                             160                    -
   Advances to discontinued operations of subsidiary                                 (166,387)             (55,885)
                                                                                --------------         ------------
Cash used in investing activities                                                    (170,741)            (535,885)
                                                                                --------------         ------------
Financing Activities
   Decrease in bank indebtedness                                                      (24,319)                   -
   Increase in due from related parties                                               133,477                    -
   Issue of share capital for cash                                                    200,000              600,300
                                                                                --------------         ------------
Cash provided by financing activities                                                 309,158              600,300
                                                                                --------------         ------------
Increase (decrease) in cash from continuing operations                                 (2,169)               2,501
Increase (decrease) in cash from discontinued operations - Note 9                     127,154             (238,597)
                                                                                --------------         ------------
Increase (decrease) in cash during the year                                           124,985             (236,096)
Cash, beginning of the year                                                            11,717              247,813
                                                                                --------------         ------------
Cash, end of the year                                                           $     136,702         $    11,717
                                                                                ==============         ============
</TABLE>
SEE ACCOMPANYING NOTES

<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                 for the years ended December 31, 2003 and 2002
                             (Stated in US Dollars)
<S>                                                                             <C>                   <C>


                                                                                    2003                2002
                                                                                    ----                ----
Cash consists of:
     Cash  - continuing operations                                              $         332         $      2,501
           - discontinued operations                                                  136,370                9,216
                                                                                -------------         ------------
                                                                                $     136,702         $     11,717
                                                                                =============         ============
Supplemental disclosure of cash flow information: Cash paid for:
     Interest                                                                   $          -          $         -
                                                                                =============         ============
     Income taxes                                                               $          -          $         -
                                                                                =============         ============
Non-cash Transactions - Note 12

</TABLE>
SEE ACCOMPANYING NOTES

<PAGE>
<TABLE>
<CAPTION>



                              THE LINK GROUP, INC.
           CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
                 for the years ended December 31, 2003 and 2002
                             (Stated in US Dollars)
<S>                                            <C>              <C>             <C>                 <C>            <C>


                                                                                                     Retained
                                                      Common Stock                  Paid-in          Earnings
                                                Shares            Amount            Capital          (Deficit)          Totals
                                                ------            ------            -------          ---------          ------
Balance, December 31, 2001                       5,633,036      $    722,184    $            -      $    143,077   $       865,261
  Reverse acquisition                           (5,633,036)         (722,184)          722,184                 -                 -
  Outstanding common shares of the
   company prior to acquisition                  5,405,200               540              (540)                -                 -
  Issuance of common stock for cash
   - at $0.1035                                 58,000,000             5,800           594,500                 -           600,300
  Reverse split 1 for 4                        (47,553,899)           (4,755)            4,755                 -                 -
  Issuance of stock pursuant to
   acquisition of subsidiary                    37,500,000             3,750            (3,750)                -                 -
  Shares returned to treasury and
   cancelled                                    (8,300,000)             (830)              930                 -                 -
   Net loss for the year                                 -                 -                 -        (1,521,395)       (1,521,395)
                                                ----------      ------------    --------------      ------------   -----------------
Balance, December 31, 2002                      45,051,301             4,505         1,317,979        (1,378,318)          (55,834)
  Issuance of common stock for cash
   - at $0.07                                    3,000,000               300           209,700                 -           210,000
  Less:  commission                                      -                 -           (10,000)                -           (10,000)
  Issuance of common stock pursuant
   to agreements to settle debt
   - at $0.07                                   14,000,000             1,400           978,600                 -           980,000
  Cancellation of common stock
   pursuant to a repurchase agreement
   - at $0.001                                 (22,200,000)           (2,220)          (19,980)                -           (22,200)
  Issuance of common stock pursuant
   to acquisition of subsidiary                 36,000,000             3,600           716,400                 -           720,000
  Net loss for the year                                  -                 -                 -          (558,342)         (558,342)
                                                ----------      ------------    --------------      ------------   -----------------
Balance, December 31, 2003                      75,851,301      $      7,585    $    3,192,699      $ (1,936,660)  $     1,263,624
                                                ==========      ============    ==============      ============   =================

SEE ACCOMPANYING NOTES
</TABLE>





<PAGE>



                              THE LINK GROUP, INC.
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                           December 31, 2003 and 2002
                             (Stated in US Dollars)


Note 1        Nature and Continuance of Operations

              The Company is a public company reporting with the United States
              Securities and Exchange Commission. The Company's business
              activities are publishing and graphic design. All operations have
              been carried on outside of the United States. The Company's
              wholly-owned subsidiary, ProtectServe Pacific Limited was disposed
              of subsequent to December 31, 2003 and was shown as a discontinued
              operation at December 31, 2003. ProtectServe's business was the
              developing and marketing computer hardware and web-based
              surveillance monitoring and control systems (Notes 5 and 9).

              These financial statements have been prepared on a going concern
              basis. As at December 31, 2003, the Company has not yet achieved
              profitable operations and has accumulated a deficit of $1,936,660
              since inception. Its ability to continue as a going concern is
              dependent upon the ability of the Company to meet its obligations
              and repay its liabilities arising from normal business operations
              when they come due. The Company plans to satisfy its capital needs
              through revenue generated from its business and the sale of its
              common stock.

Note 2        Summary of Significant Accounting Policies

              The financial statements of the Company have been prepared in
              accordance with accounting principles generally accepted in the
              United States of America. Because a precise determination of many
              assets and liabilities is dependent upon future events, the
              preparation of financial statements for a period necessarily
              involves the use of estimates, which have been made using careful
              judgment. Actual results may vary from these estimates.

              The financial statements have, in management's opinion, been
              properly prepared within reasonable limits of materiality and
              within the framework of the significant accounting policies
              summarized below:


<PAGE>




              Consolidation

              These consolidated financial statement include the accounts of the
Company and the accounts of the following companies.
<TABLE>
<CAPTION>
<S>                                                        <C>                      <C>                <C>

                                                            Country of                  Percentage Held
                             Company                       Incorporation            2003               2002
                             -------                       -------------            ----               ----
            ProtectServe Pacific Limited                     Hong Kong              100%               100%
            Asia Genius Limited                              Hong Kong              100%                 -
            New Unicorn Holdings Limited                       Samoa                 48%                 -
            Media Creative Limited                           Hong Kong               48%                 -
</TABLE>

              All significant inter-company transactions and balances have been
eliminated.


Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Cash and Cash Equivalents

              The Company considers all cash and other highly liquid investments
              with initial maturities of three months or less to be cash
              equivalents.

              Basic Earnings Per Share

              The Company reports basic loss per share in accordance with
              Statement of Financial Accounting Standards ("FAS") No. 128,
              "Earnings per Share". Basic earnings per share is computed by
              dividing net income by the weighted average number of shares of
              common stock outstanding for the period less shares subject to
              repurchase.

              Revenue Recognition

              Revenue is recognized when it is probable that the economic
              benefits will flow to the Company and when the revenue can be
              measured reliably, on the following basis:

     (i)  revenue from sales of product is recognized when the goods are shipped
          and  the  significant   risks  and  rewards  of  ownership  have  been
          transferred to the buyer.

     (ii) revenue  from the sale of  product  direct to end users is  recognized
          using the completed contract method when installation of the system is
          complete.  Amounts invoiced for sales, which are not yet complete, are
          recorded as deferred revenue.

     iii) commission  income  is  recognized  when  the  relevant  services  are
          rendered; and

     iv)  interest income is recognized on an accrual basis.


<PAGE>




              Inventories

              Inventories are stated at the lower of cost and net realizable
              value. Cost is calculated using the first-in, first-out or
              weighted average basis, where appropriate. Net realizable value is
              the price at which inventories can be sold in the normal course of
              business after allowing for the costs of realization. Inventories
              are comprised of computer hardware and software and monitoring
              equipment.

              Property and Equipment

              Property and equipment are stated at cost less accumulated
              depreciation. Cost represents the purchase price of the asset and
              other costs incurred to bring the asset into its existing use.

Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Property and Equipment - (cont`d)
              ----------------------

              Depreciation is provided on the straight-line basis over their
estimated useful lives as follows:

                           Computer and office equipment     Three to five years
                           Computer software                 Three years
                           Furniture and fixtures            Three years
                           Motor vehicles                    Five years

              Leasehold improvements are depreciated on a straight-line basis
over the term of the lease.

              Impairment of Long-lived Assets

              The Company reports the impairment of long-lived assets and
              certain identifiable intangibles in accordance with FAS No. 144,
              "Accounting for the Impairment of Long-lived Assets". Certain
              long-lived assets held by the Company are reviewed for impairment
              whenever assets or changes in circumstances indicate the carrying
              amount of an asset may not be recoverable. Accordingly, an
              impairment loss is recognized in the year it is determined.

              Goodwill

              The Company has adopted the provisions of the FAS No. 142,
              "Goodwill and Intangible Assets". Under FAS No. 142, goodwill and
              intangible assets with indefinite lives are not amortized but are
              annually tested for impairment. The determination of any
              impairment includes a comparison of the estimated future operating
              cash flows anticipated during the remaining life for the net
              carrying value of the asset as well as a comparison of the fair
              value to the book value of the Company or the reporting unit to
              which the goodwill can be attributed. Management has determined
              that as at December 31, 2003 no impairment of goodwill has
              occurred.

              Deferred Investment Costs

              Deferred investment costs are recorded at cost and represent
              preliminary costs incurred with respect to the acquisition of an
              investment. These costs were deferred until the Company completed
              it acquisition of New Unicorn Holdings Limited, at which time, the
              costs were added to the cost of the investment.


<PAGE>




Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Foreign Currency Translation

              The functional currency of the Company is Hong Kong dollars, which
              has been translated into US dollars, the reporting currency, in
              accordance with FAS No. 52 "Foreign Currency Translation". Assets
              and liabilities are translated at the exchange rate at the balance
              sheet date and revenue and expenses are translated at the exchange
              rate at the date those elements are recognized. Any translation
              adjustments resulting are not included in determining net income
              but are included in other comprehensive income. The exchange rate
              in effect at the balance sheet date, and the average for the year
              was 7.8HK$ for 1US$ and accordingly no translation adjustments
              resulted.

              Income Taxes

              The Company uses the asset and liability method of accounting for
              income taxes pursuant to FAS No. 109 "Accounting for Income
              Taxes". Under the assets and liability method of FAS 109, deferred
              tax assets and liabilities are recognized for the future tax
              consequences attributable to temporary differences between the
              financial statements carrying amounts of existing assets and
              liabilities and loss carryforwards and their respective tax bases.
              Deferred tax assets and liabilities are measured using enacted tax
              rates expected to apply to taxable income in the years in which
              those temporary differences are expected to be recovered or
              settled.

              Leases

              Leases are classified as capital or operating leases. A lease that
              transfers substantially all of the benefits and risks incidental
              to ownership of property is classified as a capital lease. At the
              inception of a capital lease, an asset and an obligation are
              recorded at an amount equal to the lesser of the present value of
              the minimum lease payments and the property's fair value at the
              beginning of the lease. All other leases are accounted for as
              operating leases wherein rental payments are expensed as incurred.

              New Accounting Standards

              Management does not believe that any recently issued, but not yet
              effective accounting standards if currently adopted could have a
              material effect on the accompanying financial statements.


<PAGE>




Note 3        Deferred Tax
              -------------
<TABLE>
<CAPTION>
<S>                                                                             <C>              <C>

                                                                                 2003               2002
                                                                                 ----               ----
             Deferred tax assets
               Net operating loss carry forward                                 $  419,870       $    287,526
               Less:  valuation allowance                                         (419,870)          (287,526)

                                                                                $        -       $          -

             Deferred tax liability
               Property and equipment costs deducted for tax
                purposes in excess of amortization provided                     $   15,118       $     86,250

</TABLE>

              The Company has recorded a valuation allowance against its
              deferred income tax assets based on the extent to which it is not
              more-likely-than-not that sufficient taxable income will be
              realized during the carry forward periods to utilize all the
              deferred tax assets.

              At December 31, 2003, the Company had net operating loss
              carryforwards of approximately $411,775 from US operations for
              federal and state income tax purposes. These carryforwards, if not
              utilized to offset taxable income, begin to expire in 2015.
              Utilization of the net operating loss may be subject to
              substantial annual limitation due to the ownership change
              limitations provided by the Internal Revenue Code and similar
              Statute Provisions. The annual limitation could result in the
              expiration of the net operating loss before utilization.

              At December 31, 2003, the Company had loss carryforwards of
              approximately $1,958,382 from its operations in Hong Kong. These
              losses may be carried forward indefinitely to offset future
              taxable income.

Note 4        Property and Equipment
<TABLE>
<CAPTION>
<S>                                                    <C>           <C>              <C>              <C>

                                                                        2003                            2002
                                                    ----------------------------------------------  --------------
                                                                    Accumulated
                                                        Cost        Depreciation        Net              Net
                                                        ----        ------------        ---              ---

             Furniture and fixtures                    $   29,302    $   10,482       $   18,820       $        -
             Office equipment                              95,257        61,339           33,918                -

                                                       $  124,559    $   71,821       $   52,738       $        -


</TABLE>


<PAGE>




Note 5        Business Combinations - Note 9
              ---------------------

     a)   On October 17,  2003,  the  Company's  wholly-owned  subsidiary,  Asia
          Genius Limited  ("Asia"),  acquired 48% of the issued and  outstanding
          shares of New  Unicorn  Holdings  Ltd.  ("New  Unicorn")  through  the
          issuance of 36,000,000 common shares.  The Company also paid a finders
          fee of $480,000. New Unicorn's wholly-owned  subsidiary Media Creative
          Limited  ("MCL")  is  engaged  in  design  and  printing  work  in the
          publication  business.  As the Company has obtained the control of New
          Unicorn  through  having  a  majority  of the  seats  on its  board of
          directors, New Unicorn is considered a subsidiary of the Company. Asia
          has the option to acquire  the  remaining  52% of New Unicorn for cash
          consideration of $1,000,000. This option was extended to September 30,
          2004.  The  consolidated  financial  statements  include the operating
          results of New Unicorn from the date of acquisition, October 17, 2003.

          The business  combination is accounted for using the purchase  method.
          The fair value of the assets and liabilities acquired are as follows:

                 Current assets                                 $       528,211
                 Capital assets                                          65,619
                 Goodwill                                             1,809,357

                                                                      2,403,187
                 Current liabilities                                   (423,187)
                 Minority interest                                     (780,000)

                 Net assets acquired at fair values             $     1,200,000


                 Total Consideration:
                 36,000,000 common shares                       $       720,000
                 Deferred investment costs                              480,000

                                                                $     1,200,000


                  The following unaudited pro forma information for 2003 is
                  based on the assumption that the acquisition took place as of
                  the beginning of the period, January 1, 2002.

                                                         2003               2002
                                                         ----               ----
                 Net revenues                     $2,002,869       $  1,111,511

                 Net losses                       $ (554,726)      $ (1,463,863)

                 Basic and diluted loss per share $    (0.01)      $      (0.03)




<PAGE>




Note 5        Business Combinations - (cont'd) - Note 9
              ---------------------

     b)   By an agreement dated January 21, 2002, the Company  purchased all the
          issued and outstanding shares of ProtectServe  Pacific Limited ("PSP")
          from three  individuals  through issuance of 37,500,000  (post-reverse
          one for four split)  common  shares.  The Company has the right to buy
          back its shares at $0.001 per share  from these  individuals  if PSP's
          after-tax  profit is less than Hong Kong  HK$9,000,000  for the twelve
          months  ended  December  31,  2002.  The buy back formula is for every
          HK$333,333 that PSP falls short of the HK$9,000,000  after tax profit;
          the Company can buy back 1,000,000  (post-reverse  one for four split)
          common shares from these  individuals.  During the year ended December
          31,  2003,  the  Company  initiated  the buy back of up to  29,200,000
          common shares at $0.001 per share,  wherein it bought back  22,200,000
          common shares.

          The  acquisition  of PSP has been  accounted  for using  the  purchase
          method on a reverse transaction basis with PSP being identified as the
          acquirer. For accounting purposes January 1, 2002 has been used as the
          effective date of acquisition.  As at the  acquisition  date, The Link
          Group, Inc. had no identifiable assets or liabilities.

          PSP's  business is  developing  and  marketing  computer  hardware and
          web-based surveillance monitoring and control systems.

     c)   Prior to the  acquisition as noted above,  PSP acquired all the issued
          and   outstanding   shares  of   Infotech-Networks   &  Cabling   Ltd,
          ("Infotech") a Hong Kong Company,  for 4,500,000  shares  allocated to
          the vendor from the shares issued in the above noted PSP  acquisition.
          Infotech  provides network solutions to China and Hong Kong companies.
          Effective  July 1,  2002  the  Company  disposed  of its  interest  in
          Infotech Networks & Cabling Ltd.

Note 6        Bank Indebtedness

              Bank indebtedness comprises a subsidiary's overdraft facility
              which bears interest at Hong Kong prime plus 2.5% per annum and is
              secured by mortgages over the subsidiary's director's personal
              properties situated in Hong Kong and personal guarantees executed
              by these directors.


<PAGE>




Note 7        Related Party Transactions - Note 13
              --------------------------

              During the years ended December 31, 2003 and 2002, the Company
              incurred the following charges with companies with common
              directors and stockholders.
<TABLE>
<CAPTION>
<S>                                                                             <C>              <C>

                                                                                  2003                2002
                                                                                  ----                ----
             Selling, general and administration expenses
               Management fees                                                  $    125,000     $   16,500
               Consulting fees                                                             -        500,000
             Deferred investment costs                                                     -        480,000

                                                                                $    125,000     $  996,500

</TABLE>

              These changes were measured by the exchange amount, which is the
amount agreed upon by the transacting parties.

              The amounts due to related parties (directors and companies with
              common directors) represent unpaid management fees, expense
              reimbursements and advances to the Company and are unsecured,
              non-interest bearing and have no specific terms of repayment.

Note 8        Segmented Information

              The Company's principal business activities are based in Hong Kong
              and comprise design and printing work in the publication business
              (through MCL) and developing and marketing computer hardware and
              web-based surveillance monitoring and control systems (through
              PSP). Information concerning MCL's business is presented in these
              financial statements as continuing operations. Information
              concerning PSP's business is presented in these financial
              statements as discontinued operations. Significant customers
              relating to these business segments are as follows:

              MCL

              From the date of acquisition, October 17, 2003 to December 31,
              2003, one customer accounted for 53% of the Company's revenue.

              PSP

              During the year ended December 31, 2003, two customers accounted
              for 62% of the Company's revenue with totals of 39% and 23%
              respectively.

               During the year ended  December 31, 2002, no customers  accounted
               for more than 10% of the Company's revenues.


<PAGE>




Note 9        Discontinued Operations

              On August 26, 2003, the Company signed an Internal Funding
              Agreement with its subsidiary, Protectserve Pacific Limited
              ("PSP"), agreeing to allocate and transfer $1,200,000 to PSP
              before December 31, 2003. Should the Company fail to do so, the
              former shareholders of PSP have the right to exercise the option
              to acquire the entire issued share capital of PSP from the Company
              through returning 6,000,000 shares of the Company. As the Company
              failed to transfer the agreed funding to PSP, the former
              shareholders exercised their option subsequent to December 31,
              2003 and the operations, assets and liabilities of PSP have
              therefore been classified as discontinued operations.

              The consolidated balance sheets include the following amounts
related to the discontinued operations of PSP:
<TABLE>
<CAPTION>
<S>                                                                             <C>                <C>

                                                                                  2003                2002
                                                                                  ----                ----
             Cash and cash equivalents                                          $    136,370       $       9,216
             Receivables                                                              53,980              77,685
             Inventory                                                                69,450             227,240
             Prepaid expenses                                                         19,356              22,357
             Loan receivable                                                         138,141                   -

             Current assets of discontinued operations                          $    417,297       $     336,498


             Capital assets                                                     $    190,150       $     338,613
             Other assets                                                                388                   -

             Long-term assets of discontinued operations                        $    190,538       $     338,613


             Bank overdraft                                                     $    128,174       $           -
             Accounts payable and accrued liabilities                                 34,968              79,921
             Due to related parties                                                  142,693              42,284
             Deferred revenue                                                          1,743              10,512

             Current liabilities of discontinued operations                     $    307,578       $     132,717


             Deferred taxes                                                     $     15,118       $      86,250
             Due to related parties                                                        -             980,000

             Long-term liabilities of discontinued operations                   $     15,118       $   1,066,250


</TABLE>


<PAGE>




Note 9        Discontinued Operations - (cont'd)
              -----------------------

              Effective July 1, 2002, the Company sold all of its interest in a
              wholly-owned subsidiary, Infotech Networks & Cabling Ltd.
              ("Infotech"), a Hong Kong company for $153,840 (HK$1,200,000) cash
              and 8,300,000 common shares of the Company held by the purchaser.
              Cash of $102,560 (HK$800,000) was received during the year ended
              December 31, 2002 and the balance of $51,280 (HK$400,000) was
              received during the year ended December 31, 2003. During the year
              ended December 31, 2002, the Company canceled the shares.

              Results of operations and cash flows of PSP and Infotech, which
              are included in discontinued operations, are as follows:

<TABLE>
<CAPTION>
<S>                                                                             <C>               <C>

                                                                                    2003               2002
                                                                                    ----               ----
             Revenues                                                           $     292,069     $      766,993
             Expenses                                                                 700,593          1,967,115

             Net loss from discontinued operations                                   (408,524)        (1,200,122)
             Deferred tax reduction                                                    71,132                  -
             Loss on sale                                                                   -           (244,880)

             Loss from discontinued operations                                  $    (337,392)    $   (1,445,002)

             Cash flow information
             Net cash used in operating activities                              $     (43,279)    $     (969,848)
             Net cash used in investing activities                                   (232,224)           (46,880)
             Net cash provided by financing activities                                402,657            778,131

             Increase (decrease) in cash from discontinued operations           $     127,154     $     (238,597)

</TABLE>

Note 10       Commitments

i)                The Company has entered into operating leases for its premises
                  which expire on various dates to August, 2006. The minimum
                  annual lease payments (excluding share of operating costs)
                  required are as follows:

                                  2004    $     62,815       HK    $  489,975
                                  2005          34,767                271,194
                                  2006          11,589                 90,398

                                          $    109,171       HK    $  851,567




<PAGE>




Note 10       Commitments - (cont'd)
              -----------

ii)               The Company has entered into a licensing agreement for
                  exclusive use in Pacific Asia of certain proprietary software
                  related to its products. A license fee of $100 per copy is
                  payable, with a minimum commitment to purchase 5,000 copies
                  over three years ending December 31, 2003. The Company can
                  obtain unlimited use of the software by purchasing more than
                  5,000 units before the three-year period or by paying $500,000
                  less license fees paid to date. Upon the purchase of 5,000
                  units, the Company will own the proprietary software. As at
                  December 31, 2003, the Company has purchased 7,220 units, but
                  has not obtained ownership of the software.

iii)              Pursuant to an agreement dated February 20, 2003, the Company
                  is committed to paying consulting fees in the amount of
                  $32,050 (HK$$250,000) in respect of an information memorandum
                  on web-based surveillance software and video and audio
                  monitoring systems as follows:

               -  $8,012  (HK$62,500)  on  the  date  of the  acceptance  of the
          agreement (paid);

               - $8,012  (HK$62,500) on the date of delivery of the  information
          memorandum to the Company;  and, - $16,025  (HK$125,000) within 7 days
          of closing a private placement of not less than $5,000,000.

Note 11       Comparative Figures

              Certain of the comparative figures have been reclassified to
conform with the presentation adopted for the current year.

Note 12       Non-cash Transactions

              Investing and financing activities that do not have a direct
              impact on current cash flows are excluded from the cash flow
              statement. During the year ended December 31, 2003, the following
              transactions were excluded from the statement of cash flows:

               - The Company issued  14,000,000 common shares at $0.07 per share
               to settle $980,000 owing to related parties at December 31, 2002.

               - The Company  cancelled  22,200,000  common shares pursuant to a
               repurchase  agreement at $0.001 per share  ($22,200).  The amount
               owing on the  repurchase  is included  in accounts  payable as at
               December 31, 2003.

               - The  Company  issued  36,000,000  common  shares  at a value of
               $2,276,832  pursuant to the  acquisition of New Unicorn  Holdings
               Limited.


<PAGE>




Note 13       Subsequent Events - Note 9
              ------------------

     (a)  On January 16, 2004, the Company's  subsidiary,  New Unicorn  Holdings
          Limited through its  wholly-owned  subsidiary  Media Creative  Limited
          acquired a 90% interest in Goody Printing  (Shenzhen) Company Limited,
          a company  engaged  in the  printing  and  design  business,  for cash
          consideration of $128,200 (HK$1,000,000).

     (b)  On January 30, 2004,  the Company issued  12,500,000  common shares at
          $0.01 per share  ($125,000) to settle amounts owing to related parties
          as at December 31, 2003.