FF301 第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 中華汽車有限公司 | | | | 呈交日期: | 2025年9月1日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00026 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 45,218,856 | | 0 | | 45,218,856 | | 增加 / 減少 (-) | ...

3. 會 議 次 數 及 議 事 程 序 （於⾹港註冊成⽴之有限公司） （股份代號: 026） 提 名 委 員 會 職 權 範 圍 （ 於 2025 年 8 ⽉ 29 ⽇ 經 董 事 局 修 訂 和 採 納 ） 以 下 是 中 華 汽 ⾞ 有 限 公 司（「 本 公 司 」）董 事 局（「 董 事 局 」）設 ⽴ 的 提 名 委 員 會（「 委 員 會」）的 職 權 範 圍 。 1. 成 員 2. 秘 書 2.1. 委 員 會 之 秘 書 應 由 本 公 司 之 公 司 秘 書 擔 任 。 2.2. 委 員 會 可 不 時 委 任 任 何 其 他 具 備 合 適 資 格 及 經 驗 之 ⼈ ⼠ 作 為 委 員 會 之 秘 書 。 中 華 汽 ⾞ 有 限 公 司 提 名 委 員 會 -職 權 範 圍 1/3 1.1. 委 員 會 的 成 員 （「 成 員」） 須 由 董 事 局 委 任 。 1.2. ⼤ 多 數 成 員 須為 本 公 司 的 獨 ⽴ ⾮ 執 ⾏ 董 事，且 ⾄ 少 有 ⼀ 名 成 員 為 不 同 性 別 ⼈ ⼠ 。 1.3. 委 員 會 之 主 席 須 為董 事 局 主 席 或 ⼀ 名 獨 ⽴ ...

EF001 第 1 頁 共 2 頁 v 1.1.1 EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公告日期，本公司董事局成員包括三名執行董事，分別是顏亨利醫生、Michael John MOIR、翁順來，一名非執行董事顏淑嫺 醫生，及四名獨立非執行董事，分別是Anthony Grahame STOTT、陳智文、周明德醫生及Lynne Jane ARNETT。 第 2 頁 共 2 頁 v 1.1.1 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 中華汽車有限公司 | | 股份代號 | 00026 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 2024/2025年度第二次中期股息 | | 公告日期 | ...

本 公 司 將 於 2025 年 10 ⽉ 2 ⽇（ 星 期 四 ）⾄ 2025 年 10 ⽉ 3 ⽇ ⽌（ 星 期 五 ）期 間 （ 包 括 ⾸ 尾 兩 天 ） 暫 停 辦 理 股 票 過 ⼾ 登 記 ⼿ 續 。 為 符 合 資 格 獲 派 第 ⼆ 次 中 期 股 息 ， 所 有 未 登 記 之 股 票 過 ⼾ 文 件必 須 於 2025 年 9 ⽉ 30 ⽇ （ 星 期 ⼆） 下 午 4 時 30 分 之 前 送 達本 公 司 的股 份 登 記 處 ⾹ 港 中 央 證 券 登 記 有 限 公 司，地 址 為 ⾹ 港 灣 仔 皇 后 ⼤ 道 東 183 號 合 和 中 ⼼ 17 樓 1712-1716 室。 ⾹ 港 交 易 及 結 算 所 有 限 公 司 及 ⾹ 港 聯 合 交 易 所 有 限 公 司 對 本公 告的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 ⽰ ， 概 不 對 因 本公 告全 部 或 任 何 部 份內容⽽ 產⽣或因 倚賴該等 內容⽽引 致的任何 損失承擔 任何責任 。 （於⾹港註冊成⽴之有限公司） （股份代號: 02 ...

中 華 汽 ⾞ 有 限 公 司 （「本 公 司 」） 董 事 局 （「董 事 局」） 宣 佈 ， 本 公 司 將 於 2025 年 8 ⽉ 29 ⽇（星 期五）舉 ⾏ 董 事 局 會 議，藉 以（ 其 中 包 括 ）考 慮派 發 截 ⾄ 2025 年 6 ⽉ 30 ⽇ ⽌ 財 政 年 度 之 第 ⼆ 次 中 期 股 息 。 ⾹港 交易及結 算所有限 公司及⾹ 港聯合交 易所有限 公司對本公告的內 容概不負 責， 對其 準確性或 完整性亦 不發表任 何聲明， 並明確表 ⽰，概不 對因本公 告全部或 任 何部份內容⽽產⽣或因倚賴該等內容⽽引致的任何損失承擔任何責任。 （於香港註冊成立之有限公司） （股份代號: 026） 董 事 局 會 議 召 開 ⽇ 期 承 董 事 局 命 中 華 汽 ⾞ 有 限 公 司 公 司 秘 書 朱 麗 珊 ⾹ 港 ，2025 年 8 ⽉ 19 ⽇ 於 本 公 告 ⽇ 期 ， 本 公 司 董 事 局 成 員 包 括 三 名 執 ⾏ 董 事 ， 分 別 是 顏 亨 利 醫 ⽣ 、 Michael John MOIR、 翁 順 來 ， ⼀ 名 ⾮ 執 ⾏ 董 事 顏 淑 嫺 醫 ⽣ ， 及 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 中華汽車有限公司 | | | 呈交日期: | 2025年8月4日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00026 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 45,218,856 | | 0 | | 45,218,856 | | 增加 / 減少 (-) | | ...

| 中国新城镇(01278) | 0.141 | 0.147 | 5.00% | | --- | --- | --- | --- | | 中华汽车(00026) | 59.000 | 60.000 | 4.71% | | 中粮家佳康(01610) | 1.870 | 2.020 | 4.66% | | 原生态牧业(01431) | 0.325 | 0.340 | 4.62% | | 招商局中国基金(00133) | 16.920 | 16.940 | 4.57% | | 沪港联合(01001) | 0.440 | 0.460 | 4.55% | | 曹操出行(02643) | 41.300 | 41.800 | 4.50% | | 派格生物医药－Ｂ | 15.440 | 15.600 | 4.14% | | (02565) | | | | | 中银大湾气候(03129) | 11.260 | 11.190 | 4.09% | | 国锐生活(00108) | 0.980 | 1.040 | 4.00% | | 德康农牧(02419) | 102.800 | 110.000 | 3.77% | | 中远海运港口( ...

Financial Performance - The unaudited consolidated operating profit for the six months ended December 31, 2024, was HK$35.17 million, a decrease of 26.6% compared to HK$47.86 million for the same period in 2023[2]. - The group recorded a net loss attributable to shareholders of HK$34.21 million for the six months ended December 31, 2024, significantly improved from a loss of HK$161.24 million in the same period of 2023[3]. - Total revenue for the six months ended December 31, 2024, was HK$33.26 million, down 3.98% from HK$34.64 million in 2023[3]. - Financial income decreased to HK$21.81 million, a decline of 30.6% from HK$31.42 million in the previous year[3]. - The group recognized a profit of HK$109.25 million from the sale of an investment property during the reporting period[3]. - The net revaluation loss of investment properties was HK$85.22 million, compared to a loss of HK$125.97 million in the previous year[3]. - Operating cash inflow for the six months ended December 31, 2024, was HK$94,091,000, a significant increase from HK$16,047,000 in the same period of 2023, representing a growth of 487%[10]. - Net cash inflow from operating activities reached HK$90,328,000, compared to HK$13,993,000 in the previous year, marking a 546% increase[10]. - Total revenue for the six months ended December 31, 2024, was $66,335,000, a decrease from $79,503,000 in 2023, representing a decline of approximately 16.5%[25]. - The net loss before tax for the period was $158,805,000, compared to a loss of $80,296,000 in the previous year, marking an increase in losses of about 97.5%[25]. - The company reported a loss attributable to shareholders of $34,205,000 for the six months ended December 31, 2024, compared to a loss of $161,240,000 in 2023, indicating a significant reduction in losses[34]. Assets and Liabilities - The group's total assets less current liabilities stood at HK$7.10 billion as of December 31, 2024, compared to HK$7.25 billion as of June 30, 2024[6]. - The group's total assets of the property development and investment segment amounted to $5,799,956,000, while total liabilities were $99,126,000[24]. - The total equity of the group decreased to HK$7.05 billion as of December 31, 2024, from HK$7.20 billion as of June 30, 2024[6]. - The group's share of equity in associated companies as of December 31, 2024, is HKD 3,443,245,000, an increase from HKD 3,411,295,000 on June 30, 2024[75]. - The total non-current assets of the associated companies as of December 31, 2024, amount to HKD 4,051,527,000[75]. Dividends and Share Repurchase - The company declared an interim dividend of $0.10 per share, totaling $4,522,000, and a special dividend of $4.90 per share, totaling $221,572,000[40]. - The total amount of dividends declared for the previous fiscal year was HKD 94.98 million, slightly down from HKD 95.08 million in 2023[15]. - The company repurchased 58,000 shares at a total cost of HKD 3.015 million during the reporting period, with the shares fully cancelled[44]. - The total number of issued shares after the cancellation of repurchased shares is 45,218,856[72]. Market Outlook and Strategy - The local economy in Hong Kong is expected to continue growing in 2025 despite geopolitical uncertainties, supported by positive policies from mainland China[61]. - The office market in Hong Kong may face challenges in 2025 due to increasing supply and limited demand, leading to continued pressure on rental yields[62]. - The residential market may see aggressive pricing strategies due to increasing supply and high financial costs, but a more balanced supply-demand level is anticipated by the end of 2025[63]. - The company will monitor market sentiment closely to determine the best timing for launching pre-sales of the "Hyde Garden" project to maximize shareholder returns[63]. - The company plans to continue focusing on property development and investment, alongside financial management activities to enhance overall performance[18]. Financial Management and Compliance - The company maintained a stable overall financial position despite the challenges faced during the reporting period[55]. - The company aims to balance regular dividend payments with retaining sufficient cash for reinvestment to enhance future profits[51]. - The interim financial report as of December 31, 2024, was prepared in accordance with Hong Kong Accounting Standards No. 34[83]. - No significant issues were identified during the review that would lead to concerns about the interim financial report's compliance with accounting standards[83]. - The review was conducted based on the Hong Kong Institute of Certified Public Accountants' guidelines, focusing on inquiries and analytical procedures[82]. Executive Compensation - The CEO's monthly salary increased to HKD 320,000 starting January 3, 2025, while other compensation remains unchanged[78]. Investment and Development Projects - The company holds a 20% stake in Windcharm Property Holdings Limited, which is developing a mixed-use project with a total construction area of 64,500 square meters[56]. - The company is responsible for HKD 908 million of the HKD 4.54 billion land premium for a new site obtained in exchange for the old site[56]. - The foundation works for both Site A and Site B have been completed, with concrete works for two residential towers at Site B expected to finish by November 2024[57]. - The pre-sale consent for the "Hyde Garden" project at Site B was obtained in January 2025, with a digital sales gallery established for marketing[58]. - Approximately 95% of the office space at South Island Place, a 28-story Grade A office building, has been leased to high-quality tenants[59]. - The company completed the sale of Albany House in London for GBP 47 million, equivalent to approximately HKD 463.19 million[60].

Financial Performance - The unaudited consolidated operating profit for the six months ended December 31, 2024, was HK$35.17 million, a decrease of 26.6% compared to HK$47.86 million for the same period in 2023[3]. - The group reported a consolidated loss attributable to shareholders of HK$34.21 million, significantly improved from a loss of HK$161.24 million in the previous year, representing a reduction of 78.8%[5]. - Revenue for the six months ended December 31, 2024, was HK$33.26 million, down 3.98% from HK$34.64 million in the same period of 2023[5]. - Financial income decreased to HK$21.81 million from HK$31.42 million, reflecting a decline of 30.7%[5]. - The basic and diluted loss per share was HK$0.76, a significant improvement from HK$3.56 in the same period last year[5]. - Total revenue for the group reached $55,859,000 for the six months ended December 31, 2024, compared to $66,335,000 in 2023, reflecting a decline of 15.73%[19]. - The group's operating profit for the six months ended December 31, 2024, was $35,172,000, down from $47,860,000 in 2023, representing a decrease of 26.67%[24]. - The group incurred a tax expense of $4,839,000 for the six months ended December 31, 2024, compared to $2,435,000 in 2023, indicating an increase of 98.66%[28]. Asset and Liability Management - The group's total assets less current liabilities stood at HK$7.10 billion as of December 31, 2024, compared to HK$7.25 billion as of June 30, 2024[9]. - The group's cash and cash equivalents increased to HK$1.70 billion from HK$1.27 billion, indicating a growth of 33.6%[9]. - The group's total assets as of December 31, 2024, amounted to $7,317,466,000, compared to $7,297,658,000 as of December 31, 2023[19]. - The group's total liabilities as of December 31, 2024, were $264,526,000, an increase from $99,126,000 in 2023[19]. - The net asset value attributable to joint ventures decreased to $1,375,521,000 as of December 31, 2024, from $1,463,371,000 as of June 30, 2024, primarily due to revaluation losses on investment properties held by joint ventures and partial loan repayments[31]. - The net liabilities attributable to associates increased to $(3,370,000) as of December 31, 2024, from $(2,651,000) as of June 30, 2024, mainly due to increased loans to an associate for the development of the Chai Wan bus factory project[33]. Investment Properties and Joint Ventures - The net loss from the revaluation of investment properties was HK$85.22 million, an improvement from a loss of HK$125.97 million in the previous year[5]. - The group's share of losses from joint ventures was HK$87.85 million, compared to HK$80.30 million in the previous year, reflecting an increase of 9.6%[5]. - The group's share of results from joint ventures showed a loss of $87,850,000 for the six months ended December 31, 2024, compared to a loss of $80,296,000 in 2023[26]. - The group holds a 20% stake in Windcharm Property Holdings Limited, which is redeveloping a site into a mixed-use project with a total construction area of 64,500 square meters[49]. - The group has completed the foundation works for both Site A and Site B of the redevelopment project, with concrete works for two residential buildings expected to be completed by Q1 2025 and Q2 2026 respectively[50]. Dividends and Share Repurchase - The interim dividend declared for the six months ended December 31, 2024, is $0.10 per share, totaling $4,522,000, and a special dividend of $4.90 per share, totaling $221,572,000, resulting in a total of $226,094,000[37]. - The company repurchased 58,000 shares at a total cost of $3,015,000 during the period, with the shares fully cancelled thereafter[42]. - The board has resolved to distribute an interim dividend of $0.10 and a special dividend of $4.90 per share for the year ending June 30, 2025, totaling $5.00 per share[44]. - The company aims to declare three dividends each fiscal year, including an interim dividend after the first six months, a second interim dividend, and a final dividend[45]. - As of June 30, 2024, the issued and fully paid ordinary shares stood at 45,218,856 shares, down from 45,276,856 shares due to share buybacks[40]. Market Outlook and Challenges - The local real estate market is expected to face challenges in 2025 due to increasing supply and limited demand from the financial and business services sectors, leading to continued pressure on overall rental yields[55]. - The group has obtained pre-sale consent for the first phase of the "Hyde Garden" residential project, with plans to monitor market sentiment before launching sales[56]. Corporate Governance and Financial Assistance - The group has not established an internal audit function, as the board believes it is unnecessary given the current business structure and scale[62]. - The company has not indicated any intention to update forward-looking statements, which are subject to known and unknown risks and uncertainties[62]. - The financial assistance provided to Joyful Sincere Limited includes a portion that will incur an annual interest rate of 4.5%, contingent upon the company having paid all development costs and settled other debts[59]. - The group’s financial support to associated companies is unsecured, interest-free, and has no fixed repayment terms, except for the portion provided to Joyful Sincere Limited[59]. - The board of directors consists of seven members, including independent non-executive directors[63].

Business Operations and Subsidiaries - The company's main business is property development and investment, with details of subsidiaries' main businesses provided in Note 10 of the financial statements[6] - The company's joint ventures and associates are detailed in Notes 11 and 12 of the financial statements as of June 30, 2024[7][8] - The company's main business operations are concentrated in Hong Kong, with key properties located at 3 Jordan Road, Kowloon, and 180 Java Road, North Point, which include residential, commercial, and parking spaces[43] - The company does not operate any manufacturing facilities or engage in property construction, resulting in minimal environmental and social impact[45] - Subsidiary Heartwell Limited holds 9,000,002 shares with 100% direct ownership, primarily engaged in investment holding[169] - Subsidiary Communication Holdings Limited holds 35,900,010 shares at HKD 10 per share, with 100% direct ownership, primarily engaged in investment holding[169] Dividends and Dividend Policy - The company declared a first interim dividend of HKD 0.10 per share and a special dividend of HKD 1.00 per share on June 25, 2024, with a second interim dividend of HKD 0.30 per share to be paid on October 17, 2024[9] - The board recommended a final dividend of HKD 0.10 per share and a special dividend of HKD 1.70 per share for the fiscal year ending June 30, 2024, subject to shareholder approval at the upcoming annual general meeting[9] - The company aims to distribute dividends three times a year, with the first interim dividend declared around February, the second interim dividend around July, and the final dividend around November following the annual general meeting[9] - The company's dividend policy balances regular dividend payments with retaining sufficient cash reserves for reinvestment to enhance shareholder value[9] - Dividends paid for the fiscal year 2024 amounted to HKD 95,082,000, consistent with the previous year's HKD 95,147,000[187] Financial Performance and Position - Rental income increased to HKD 70 million (2023: HKD 67 million), driven by improved residential occupancy rates and higher UK rental income due to a stronger GBP exchange rate[25] - Operating profit for the year rose to HKD 95 million (2023: HKD 74 million), reflecting higher rental and interest income, partially offset by exchange losses[26] - Post-tax loss attributable to shareholders was HKD 262 million (2023: HKD 155 million), primarily due to revaluation losses on investment properties[26] - Net revaluation loss on investment properties, including joint ventures, was HKD 405 million, which is non-cash and did not impact operating cash flow[26] - The company's overall financial position remains healthy despite the revaluation losses[26] - Cash and cash equivalents increased to HKD 1.212 billion as of June 30, 2024, up from HKD 765 million in 2023[27] - Net cash inflow from operating activities was HKD 29 million in 2024, compared to HKD 25 million in 2023[27] - Capital expenditure for the year was HKD 154,000, up from HKD 119,000 in 2023[29] - The company's share of equity in affiliates was HKD 3,411,295,000 as of June 30, 2024, down from HKD 3,562,711,000 in 2023[32] - The company's operating profit for the fiscal year ending June 30, 2024, was HKD 95 million, compared to HKD 74 million last year, driven by increased rental and interest income, partially offset by exchange losses[108] - The company reported an audited consolidated loss attributable to shareholders of HKD 262 million for the fiscal year ending June 30, 2024, compared to a loss of HKD 155 million last year, primarily due to revaluation losses on investment properties[108] - The company proposed a final dividend of HKD 0.10 per share and a special dividend of HKD 1.70 per share, bringing the total dividend for the year to HKD 3.20 per share, the same as last year[108] - The company's investment property valuation loss was non-cash in nature and did not impact the operating cash flow[108] - The company's overall financial position remains healthy[108] - Revenue for the year ending June 30, 2024, increased to HKD 269,550,000 from HKD 66,935,000 in 2023, representing a significant growth[125] - Financial income rose to HKD 63,600,000 in 2024, up from HKD 43,271,000 in 2023[125] - Operating profit for 2024 was HKD 94,839,000, compared to HKD 73,853,000 in 2023[125] - Loss attributable to shareholders after tax for 2024 was HKD 262,219,000, an increase from HKD 155,236,000 in 2023[125] - Basic and diluted loss per share for 2024 was HKD 5.79, compared to HKD 3.43 in 2023[125] - Total comprehensive loss for the year 2024 was HKD 264,496,000, compared to HKD 111,946,000 in 2023[126] - Total assets decreased to HKD 7,246,413,000 in 2024 from HKD 7,656,766,000 in 2023[128] - Net asset value as of June 30, 2024, was HKD 7,198,532,000, down from HKD 7,607,914,000 in 2023[128] - Equity attributable to shareholders decreased to HKD 7,198,532,000 in 2024 from HKD 7,607,914,000 in 2023[128] - Total equity decreased from HKD 7,607,914,000 to HKD 7,198,532,000, primarily due to a net loss of HKD 262,219,000 and exchange losses of HKD 234,905,000[130] - Operating cash flow increased to HKD 29,130,000 from HKD 25,089,000, driven by higher operating profit and reduced tax payments[131] - Net cash from investing activities surged to HKD 565,381,000, mainly due to a significant reduction in bank deposits with maturities over 3 months (HKD 525,407,000)[131] - Cash and cash equivalents increased by HKD 449,898,000, reaching HKD 1,211,925,000 at the end of the period[132] - Dividends paid amounted to HKD 144,613,000, slightly higher than the previous year's HKD 138,755,000[132] - Exchange rate fluctuations resulted in a loss of HKD 3,130,000, compared to a gain of HKD 20,247,000 in the previous year[132] - The company reported a net loss of HKD 262,219,000, compared to a profit in the previous year[130] - Interest income increased significantly to HKD 68,793,000 from HKD 35,659,000, reflecting higher cash balances[131] - The company's total reserves decreased by HKD 144,886,000, primarily due to dividend payments and property revaluation adjustments[130] - The company's rental income from investment properties in 2024 was HKD 69,550,000, compared to HKD 66,935,000 in 2023, showing a growth of approximately 3.9%[148][151] - The company's revenue from Hong Kong operations in 2024 was HKD 38,897,000, a 3.6% increase from HKD 37,552,000 in 2023[151] - Revenue from the UK operations in 2024 was HKD 30,653,000, up 4.3% from HKD 29,383,000 in 2023[151] - The company's share of joint venture revenue for the year was HKD 102,390,000, a slight increase from HKD 101,294,000 in 2023[149] - The company's operating profit in Hong Kong for 2024 was HKD 46,026,000, a significant increase of 37.8% from HKD 33,403,000 in 2023[151] - Operating profit in the UK for 2024 was HKD 48,813,000, up 20.7% from HKD 40,450,000 in 2023[151] - The company's total operating profit for 2024 was HKD 94,839,000, a 28.4% increase from HKD 73,853,000 in 2023[151] - The company's interest income in 2024 was HKD 66,351,000, a 50.9% increase from HKD 43,960,000 in 2023[154] - The company's total assets as of 2024 were HKD 7,297,658,000, a decrease of 5.3% from HKD 7,704,559,000 in 2023[152] - Operating profit for 2024 was HK$69.55 million, compared to HK$66.935 million in 2023, reflecting an increase of 3.9%[155] - Employee costs increased to HK$15.784 million in 2024 from HK$15.068 million in 2023, a rise of 4.75%[155] - Total remuneration for directors and the CEO in 2024 was HK$7.771 million, up from HK$8.055 million in 2023, a decrease of 3.5%[157][158] - The highest-paid employees (excluding directors and CEO) received a total remuneration of HK$2.964 million in 2024, compared to HK$2.784 million in 2023, an increase of 6.5%[160] - Hong Kong profits tax provision for 2024 was HK$3.69 million, up from HK$3.465 million in 2023, reflecting a 6.5% increase[161] - Overseas tax provision for 2024 was HK$3.97 million, compared to HK$3.54 million in 2023, an increase of 12.1%[161] - Basic and diluted loss per share for 2024 was HK$5.79, based on a net loss of HK$262.219 million and 45,276,856 weighted average shares outstanding[162] - The fair value of investment properties in Hong Kong decreased by HKD 142.16 million (142,160,000) in 2024, from HKD 1.58 billion (1,580,000,000) to HKD 1.44 billion (1,437,840,000)[166] - The fair value of investment properties in the UK decreased by HKD 29.96 million (29,957,000) in 2024, from HKD 534.61 million (534,611,000) to HKD 503.61 million (503,605,000)[166] - The total undiscounted rental income from operating leases for the next year is HKD 43.78 million (43,777,000) in 2024, compared to HKD 59.46 million (59,457,000) in 2023[168] - The total undiscounted rental income from operating leases for more than 5 years is HKD 10.77 million (10,766,000) in 2024, compared to HKD 19.16 million (19,159,000) in 2023[168] - The capital value per square foot for investment properties in Hong Kong ranges from HKD 5,200 to HKD 39,700 in 2024, compared to HKD 5,600 to HKD 44,700 in 2023[165] - The capitalization rate for investment properties in Hong Kong ranges from 2.8% to 4.6% in 2024, compared to 2.6% to 3.9% in 2023[165] - The market rent per square foot for investment properties in the UK ranges from GBP 4.42 to GBP 6.25 in 2024, compared to GBP 3.5 to GBP 3.83 in 2023[165] - The capitalization rate for investment properties in the UK ranges from 5.55% to 5.90% in 2024, compared to 4.98% to 5.62% in 2023[165] - The net book value of other properties revalued in 2002 is HKD 10.88 million (10,879,000) as of June 30, 2024, compared to HKD 10.92 million (10,917,000) in 2023[167] - The total accumulated depreciation for fixed assets as of June 30, 2024, is HKD 20.23 million (20,233,000), compared to HKD 16.87 million (16,869,000) in 2023[163] - The net liability value of the company's investment in associates increased to $1,311,181,000 in 2024 from $1,189,949,000 in 2023, reflecting a growth of 10.2%[174] - The total assets of the two associates, Windcharm Property Holdings Limited and Joyful Sincere Limited, increased to $6,800,340,000 in 2024 from $6,057,880,000 in 2023, a 12.3% increase[177] - The company's share of the associates' net liabilities increased to $1,313,832,000 in 2024 from $1,190,432,000 in 2023, a 10.4% rise[177] - The company's investment in listed equity securities in Hong Kong decreased to $11,534,000 in 2024 from $13,353,000 in 2023, a 13.6% decline[178] - The total accounts receivable, deposits, and prepayments decreased to $9,493,000 in 2024 from $11,963,000 in 2023, a 20.6% reduction[179] - The total accounts payable increased to $47,267,000 in 2024 from $45,451,000 in 2023, a 4.0% increase[182] - The company's current tax payable for Hong Kong profits tax increased to $3,978,000 in 2024 from $2,342,000 in 2023, a 69.9% rise[182] - The company's deferred tax assets increased to $147,469,000 in 2024 from $140,749,000 in 2023, a 4.8% increase[184] - Total equity decreased from HKD 2,427,408,000 in 2022 to HKD 2,112,227,000 in 2024, primarily due to dividend payouts and share repurchases[185] - Available distributable reserves as of June 30, 2024, were HKD 1,717,243,000, down from HKD 1,870,159,000 in 2023[192] - The company has no external loans or borrowings, maintaining a capital structure focused on equity and retained earnings[193] - The company's financial liabilities due within one year or on demand amounted to HKD 47,267,000, with accounts payable of HKD 450,000 and other payables of HKD 46,817,000[195] - The company's interest-bearing financial assets had an actual interest rate range of 3.70% to 5.55% in 2024, with a total value of HKD 1,274,405,000[196] - A 1% increase in interest rates would reduce the company's post-tax loss and increase retained profits by approximately HKD 12.7 million in 2024[197] - The company's foreign currency risk exposure in 2024 included USD 538,457,000 and GBP 15,077,000 in net recognized assets and liabilities[199] - A 10% increase or decrease in the GBP to HKD exchange rate would impact the company's post-tax loss and retained profits by approximately HKD 1.5 million in 2024[200] Corporate Governance and Board Activities - As of June 30, 2024, the company's directors and senior executives held a total of 7,206,843 shares, representing 15.92% of the issued shares, with Dr. Henry Yan holding the largest stake[14] - The company's directors, including Dr. Henry Yan and Anthony Grahame STOTT, are subject to re-election at the upcoming annual general meeting[12] - Lynne Jane ARNETT was appointed as an independent non-executive director on September 6, 2024, and confirmed her understanding of director responsibilities on August 27, 2024[90] - The board ensures independent perspectives by appointing at least three independent non-executive directors, with no performance-related equity compensation to maintain objectivity[91] - The nomination committee, chaired by Dr. Henry Yan, held one meeting during the fiscal year, with all members attending[92] - The board aims to maintain at least 14% female representation, with one female director currently serving, and seeks to increase this proportion when suitable candidates are identified[93] - The board of directors held five meetings during the fiscal year, with all executive and independent non-executive directors attending all five meetings[88][89] - All directors complied with the "Standard Code of Conduct for Securities Transactions by Directors of Listed Companies" during the fiscal year ending June 30, 2024[87] - The company adheres to high corporate governance standards, with only one deviation from the Corporate Governance Code during the reporting period[84] - The company promotes a corporate culture centered on integrity, sustainability, quality, and stability[85] Environmental, Social, and Governance (ESG) - The company supports low-carbon office initiatives and encourages employees to save electricity and paper, with regular reviews of electricity usage (kWh), electricity costs, and paper expenses[45] - The company's environmental, social, and governance (ESG) report is consistent with the 2023 ESG report, allowing for meaningful comparisons[46] - The board of directors is responsible for the formulation, implementation, and reporting of the company's ESG policies, as well as overseeing related ESG issues[47] - The company maintains open and