格隆汇8月28日丨开达集团(00180.HK)公告，截至2025年6月30日止六个月，集团录得综合收入约港币 1.3418亿元，较去年同期呈报的约港币1.4296亿元减少约6.14%。权益股东应占亏损约港币9,280万元 （上年同期：约港币7,585万元），乃主要归因于投资物业重估亏绌约港币6,132万元(上年同期：约港币 3,178万元）。 ...

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 開達集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：180） 開達集團有限公司（「本公司」）董事會（「董事會」）宣佈，本公司及其附屬公司（「本集團」） 及本集團於聯營公司的權益於截至二零二五年六月三十日止六個月的未經審核綜合業 績，連同二零二四年同期的比較數字如下： 綜合損益表 截至二零二五年六月三十日止六個月－未經審核 | | | 截至六月三十日止六個月 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | 附註 | 港幣千元 | 港幣千元 | | 收入 | 4及5 | 134,184 | 142,960 | | 其他收入及其他收益淨額 | | 31,138 | 6,520 | | 成品及半製品存貨的變動 | | 6,475 | 20,190 | | 成品的採購成本 | | (24,969) | (10,819) | | 耗用原料及物 ...

格隆汇8月15日丨开达集团(00180.HK)公布，公司将于2025年8月28日召开董事会会议，以（其中包括） 审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议（如 有）。 ...

（於百慕達註冊成立之有限公司） （股份代號：180） 承董事會命 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之內容概不負責，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 容而引致之任何損失承擔任何責任。 KADER HOLDINGS COMPANY LIMITED 開達集團有限公司 董事會會議日期 開達集團有限公司 (「本公司」) 之董事會 (「董事會」) 欣然宣佈，本公司將 於二零二五年八月二十八日 (星期四) 舉行董事會會議，以考慮及批准 (其中包 括) 本公司及其附屬公司截至二零二五年六月三十日止六個月的未經審核之中 期業績及派發中期股息（如有）及其發佈。 於本公告日期，本公司執行董事為丁午壽先生， SBS ，太平紳士（主席兼董事總經理）、 丁王云心女士、丁天立先生及勞偉強先生；本公司之非執行董事為丁煒章先生；而本公司 之獨立非執行董事為姚祖輝先生， BBS ，太平紳士、鄭君如先生、趙式明女士， BBS ，太 平紳士及劉鎮榮先生。 開達集團有限公司 公司秘書 勞偉強 香港，二零二五年八月十五日 ...

致：香港交易及結算所有限公司 公司名稱: 開達集團有限公司(於百慕達註冊成立之有限公司) 呈交日期: 2025年8月4日 FF301 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 | 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) | 00180 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD ...

Financial Performance - The company's revenue for the fiscal year ending December 31, 2024, was approximately HKD 343.71 million, a decrease of about 7.74% compared to the previous year[9]. - The operating loss for 2024 was approximately HKD 13.81 million, while the operating profit for the previous year was approximately HKD 23.60 million[12]. - The loss attributable to equity shareholders for 2024 was approximately HKD 186.70 million, compared to HKD 74.63 million in 2023, including a revaluation loss of investment properties of approximately HKD 112.37 million[9]. - Rental income for the fiscal year was approximately HKD 49.87 million, accounting for about 14.51% of total revenue, compared to 13.37% in the previous year[16]. - The toy and model train business generated revenue of approximately HKD 293.84 million, a decrease of about 8.96% from HKD 322.75 million in the previous year[14]. - As of December 31, 2024, the company's net asset value per share is approximately HKD 2.03, down from HKD 2.22 in 2023[29]. - The company's net current liabilities are approximately HKD 325.12 million, compared to HKD 287.23 million in 2023[29]. - Total bank borrowings amount to approximately HKD 673.71 million, an increase from HKD 659.01 million in 2023[29]. - The debt-to-equity ratio calculated from total bank borrowings is approximately 35.00%, up from 31.16% in 2023[29]. Business Strategy and Outlook - The company plans to diversify its business and seek new sales opportunities to enhance efficiency and cost control measures[13]. - The company remains optimistic about future shareholder returns despite the challenging economic environment[10]. - The company is taking necessary measures to meet the requirements for the revitalization of Kader Building, anticipating stable increases in value and rental income in the future[10]. - The company anticipates challenges in the upcoming year due to unpredictable global economic conditions and geopolitical conflicts, but plans to diversify its business and enhance production efficiency[35]. Governance and Board Structure - The board consists of four executive directors, one non-executive director, and four independent non-executive directors, ensuring a balanced governance structure[42]. - The company has adopted a standard code for securities trading by directors, confirming compliance throughout the year[41]. - The board meets at least four times a year, with additional meetings as necessary, ensuring regular oversight and decision-making[53]. - All directors participated in appropriate continuous professional development activities during the reporting year, enhancing their governance capabilities[50]. - The company has established three committees: the remuneration committee, audit committee, and nomination committee, to oversee various aspects of governance[55]. - The chairman and managing director is the same person, promoting strong and unified leadership[43]. - Independent non-executive directors account for more than one-third of the board, providing independent perspectives and judgments[48]. - The board is responsible for formulating the group's strategic policies and overseeing management, including risk management and internal control systems[52]. - All directors confirmed their compliance with the corporate governance code during the reporting year[50]. - The company established a diversity policy for its board members in August 2013, focusing on various criteria including gender, age, cultural background, and professional experience[68]. Audit and Risk Management - The audit committee conducted two meetings during the year to review financial statements and discuss risk management and internal controls[60]. - The audit committee is responsible for overseeing the relationship with external auditors, including their appointment and remuneration[61]. - The company aims to ensure that internal and external audit functions are adequately resourced and coordinated[66]. - The company emphasizes maintaining effective risk management and internal control systems to minimize operational risks[79]. - The internal audit function will review the effectiveness of financial, operational, and compliance controls in 2024[79]. - The company has implemented a robust risk management framework to address environmental, social, and governance (ESG) risks, enhancing resilience and integrating responsible practices into its operations[163]. Employee and Workplace Practices - The company employed 768 full-time employees as of December 31, 2024, a decrease from 817 in 2023[34]. - Employee costs for the year were approximately HKD 150.47 million, down from HKD 163.22 million in 2023[34]. - The company prioritizes employee satisfaction and development, providing training and opportunities for growth to empower its workforce[175]. - The company has established clear anti-discrimination guidelines and measures to handle discrimination and harassment issues within the workplace[176]. - The company has implemented strict policies to prevent child labor and forced labor, ensuring compliance with local laws and international standards[182]. - The company conducts thorough background checks on all potential hires to maintain integrity in the recruitment process[182]. - The company has a performance evaluation system in place to identify training needs and support personal development planning[189]. - A total of 383.50 hours of training were arranged in 2024, down from 435.00 hours in 2023, covering topics such as OHS, ISO requirements, and leadership skills[189]. Corporate Social Responsibility and ESG - The company is committed to sustainable business practices and has established an Environmental, Health, and Safety (EHS) management system[23]. - The company emphasizes its commitment to corporate social responsibility and sustainable development practices to create long-term value for stakeholders[161]. - The company has established an Environmental, Social, and Governance (ESG) committee to manage and monitor ESG issues, meeting at least annually to review performance and risks[162]. - The company has identified 26 key ESG issues through an independent consultant's survey, engaging stakeholders such as the board, employees, and consumers for prioritization[167]. - The company categorizes ESG issues into high, medium, and low importance, focusing on those most critical to its operations and stakeholders[173]. - The company has a structured framework for its quality policy aimed at continuous improvement and cost reduction[158]. Shareholder Communication and Participation - The company encourages shareholder participation in annual general meetings with a minimum of 21 days' notice[86]. - The company has established a shareholder communication policy to ensure timely and equal access to important information[89]. - The company maintains a website to provide shareholders and investors with the latest operational updates and disclosures[92]. Compliance and Legal Matters - The company has no significant contingent liabilities as of December 31, 2024[33]. - The company has not entered into any equity-linked agreements during the year[106]. - The company has not made any arrangements for directors to benefit from purchasing shares or bonds of the company or any other company during the year[139]. - There were no significant transactions, arrangements, or contracts in which the directors of the company had a direct or indirect material interest during the year[143]. - The company maintains strict compliance with labor laws and regulations, ensuring a harassment-free and non-discriminatory workplace[175].

Financial Performance - The company reported total revenue of HKD 343,711,000 for the year ending December 31, 2024, a decrease of 7.7% compared to HKD 372,543,000 in 2023[3]. - The company incurred a net loss of HKD 186,300,000 for the year, significantly higher than the loss of HKD 73,438,000 in the previous year, representing a 153.5% increase in losses[4]. - Basic and diluted loss per share increased to HKD 19.64 cents from HKD 7.85 cents, reflecting a deterioration in financial performance[4]. - The company's total comprehensive loss for the year was HKD 187,616,000, compared to a comprehensive loss of HKD 64,281,000 in 2023, indicating a worsening situation[5]. - The company reported a consolidated loss before tax of HKD 189,230,000 in 2024, compared to a loss of HKD 86,262,000 in 2023[19]. - Pre-tax loss increased significantly from HKD 86,262,000 in 2023 to HKD 189,230,000 in 2024, representing an increase of approximately 119.5%[29]. - The loss attributable to equity shareholders for 2024 was approximately HKD 186.70 million, compared to HKD 74.63 million in 2023, including an investment property revaluation loss of approximately HKD 112.37 million[53]. - The operating loss for 2024 was approximately HKD 13.81 million, while the operating profit for the previous year was approximately HKD 23.60 million[53]. Revenue Breakdown - Revenue from toy and model train sales was HKD 293,842,000 in 2024, down 8.9% from HKD 322,751,000 in 2023[18]. - Revenue from North America was HKD 134,206,000 in 2024, down 7.1% from HKD 144,408,000 in 2023[21]. - Revenue from Europe decreased to HKD 151,321,000 in 2024 from HKD 171,446,000 in 2023, a decline of 11.7%[21]. - Rental income from investment properties was HKD 49,869,000 in 2024, slightly up from HKD 49,792,000 in 2023[15]. - Rental income for the property investment business was approximately HKD 49.87 million, accounting for about 14.51% of total revenue, compared to 13.37% in the previous year[42]. - Other income decreased from HKD 13,454,000 in 2023 to HKD 12,796,000 in 2024, a decline of approximately 4.9%[22]. Assets and Liabilities - Non-current assets decreased to HKD 2,329,575,000 from HKD 2,463,024,000, a decline of 5.4% year-over-year[6]. - Current liabilities amounted to HKD 804,943,000, slightly down from HKD 820,281,000 in the previous year[7]. - The company reported a net current liability of HKD 325,117,000, compared to HKD 287,233,000 in 2023, indicating increased financial pressure[7]. - Total reportable segment assets decreased to HKD 2,840,455,000 in 2024 from HKD 2,988,348,000 in 2023, a decline of 5%[19]. - Total reportable segment liabilities increased slightly to HKD 992,040,000 in 2024 from HKD 984,803,000 in 2023[19]. - Trade payables and other payables totaled approximately HKD 159.70 million as of the reporting date, down from HKD 203.79 million[10]. - The group's net current liabilities amount to approximately HKD 325.12 million, compared to HKD 287.23 million in 2023[54]. - Total bank borrowings are approximately HKD 673.71 million, an increase from HKD 659.01 million in 2023, with a debt ratio of about 35.00%, up from 31.16% in 2023[54]. Cash Flow and Financial Position - Cash and cash equivalents decreased to HKD 48,934,000 from HKD 80,126,000, a decline of 39%[6]. - The company has unutilized bank financing of HKD 163,807,000, which is expected to support its financial obligations over the next twelve months[9]. - The company's cash and cash equivalents decreased to HKD 48,934,000 in 2024 from HKD 80,126,000 in 2023[19]. - The company has not applied any new accounting standards that would have a significant impact on its financial performance or position[10]. Employee and Operational Costs - Employee costs decreased from HKD 163,223,000 in 2023 to HKD 150,468,000 in 2024, a decrease of approximately 7.8%[23]. - The group employed 768 full-time employees as of December 31, 2024, a decrease from 817 in 2023, with employee costs around HKD 150.47 million, down from HKD 163.22 million in 2023[59]. - Financial costs increased from HKD 35,199,000 in 2023 to HKD 39,731,000 in 2024, an increase of about 13.5%[23]. - Total inventory costs decreased from HKD 183,413,000 in 2023 to HKD 168,014,000 in 2024, a reduction of about 8.4%[25]. - Accounts receivable decreased from HKD 80,730,000 in 2023 to HKD 67,139,000 in 2024, a decline of approximately 16.8%[33]. Investment Properties and Future Outlook - The company's investment properties recorded a valuation loss of approximately HKD 112.37 million, compared to HKD 57.64 million in the previous year[42]. - The occupancy rate of the main investment property, Kaida Building, was approximately 68%, slightly down from 69% in the previous year[42]. - The company is taking necessary measures to meet the requirements for the revitalization project of the Kai Tak Development, anticipating stable increases in value and rental income in the future[60]. - The group has no significant acquisitions or disposals during the year ending December 31, 2024[57]. - The group has no significant contingent liabilities as of December 31, 2024[58]. Corporate Governance - The company has adopted corporate governance policies and has complied with all provisions of the corporate governance code during the reporting year, with a noted exception regarding the roles of the chairman and CEO[64]. - The company did not recommend the payment of a final dividend for the fiscal year ending December 31, 2024, consistent with the previous year[36]. - The company does not recommend a final dividend for the year ending December 31, 2024, consistent with the previous year[61]. Strategic Initiatives - The company aims to diversify its business and seek sales opportunities to improve efficiency and strengthen cost control measures in response to global economic uncertainties[39].

KADER HOLDINGS COMPANY LIMITED (Incorporated in Bermuda with limited liability) INTERIM REPORT 2024 (Stock Code : 180) Manufacturing Trust 開達集團有限公司 ( 於百慕達註冊成立之有限公司 ) 二零二四年中期報告 ( 股份代號 : 180) 截至二零二四年六月三十日止六個月中期業績 第7頁至22頁的附註構成本中期財務報告的一部份。 綜合損益表 截至二零二四年六月三十日止六個月－未經審核 | --- | --- | --- | --- | |----------------------------------|----------|--------------------------------------------------|-----------------------| | | 附註 | 截至六月三十日止六個月 \n二零二四年 \n港幣千元 | 二零二三年 \n港幣千元 | | 收入 | 5 及 6 | 142,960 | 152,986 | | 其他收入及其他收益 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 142,960,000, a decrease of 6.7% compared to HKD 152,986,000 for the same period in 2023[1] - The company reported a loss of HKD 75,677,000 for the period, significantly higher than the loss of HKD 1,712,000 in the previous year[2] - Basic and diluted loss per share was HKD 0.0798, compared to HKD 0.0027 for the same period last year[2] - Total comprehensive loss for the period was HKD 76,426,000, compared to a total comprehensive income of HKD 5,541,000 in the previous year[3] - Reported segment revenue for the six months ended June 30, 2024, was HKD 145,278,000, a decrease of 6.1% from HKD 154,804,000 in the same period of 2023[15] - Revenue from external customers for the toy and model train segment was HKD 116,734,000, down 8.5% from HKD 127,456,000 in 2023[15] - The company reported a comprehensive loss before tax of HKD (75,082,000) compared to a loss of HKD (2,542,000) in the previous year[16] - The loss attributable to equity shareholders was approximately HKD 75.85 million, compared to a loss of HKD 2.58 million in the same period last year[33] Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 2,426,037,000, a slight decrease from HKD 2,463,024,000 as of December 31, 2023[5] - Current assets included cash and cash equivalents of HKD 481,528,000, down from HKD 533,048,000 at the end of 2023[5] - Total liabilities decreased to HKD 386,000,000 from HKD 393,000,000 in the previous period[6] - The company's equity attributable to shareholders was HKD 2,031,498,000, down from HKD 2,107,938,000 at the end of 2023[6] - As of June 30, 2024, the group's net current liabilities amounted to HKD 304,606,000, an increase from HKD 287,233,000 as of December 31, 2023[8] - Cash and cash equivalents on June 30, 2024, were HKD 42,176,000, down from HKD 80,126,000 as of December 31, 2023[8] - Total reported segment assets as of June 30, 2024, were HKD 2,912,199,000, down from HKD 2,988,348,000 as of December 31, 2023[18] - Total reported segment liabilities decreased to HKD 944,542,000 from HKD 984,803,000 in the previous year[19] - Total bank borrowings amount to approximately HKD 653.39 million, slightly down from HKD 659.01 million as of December 31, 2023[35] - The debt-to-equity ratio calculated from total bank borrowings over total equity is approximately 32.05%, up from 31.16% as of December 31, 2023[35] Revenue Sources - Revenue from sales of toys and model trains generated approximately HKD 15,600,000 from a single customer, representing over 10% of the group's total revenue[11] - Rental income from investment properties for the six months ended June 30, 2024, was HKD 26,226,000, an increase from HKD 25,530,000 in the previous year[11] - The company's rental income was approximately HKD 26.23 million, an increase of about 2.74% year-on-year, accounting for approximately 18.35% of total revenue[33] Operational Insights - The company did not report any new product launches or technological advancements during this period[1] - There were no significant market expansions or acquisitions mentioned in the report[1] - The group has identified three reportable segments: Toys and Model Trains, Property Investment, and Investment Holding[10] - The group has not applied any new standards or interpretations that have not yet come into effect during the current accounting period[9] - The group’s management believes it has sufficient funds to meet its financial obligations due within the next twelve months[8] - The company anticipates higher sales in the second half of the year due to seasonal demand for its toy and model train products[19] - The group plans to diversify its business and explore sales opportunities to enhance operational efficiency and cost control measures in response to a challenging economic environment[41] - No significant acquisitions or disposals occurred during the six months ended June 30, 2024[35] Employee and Cost Management - Employee costs for the six months ended June 30, 2024, were approximately HKD 76.90 million, down from HKD 85.21 million for the same period in 2023[40] - Financial costs increased to HKD 19,792,000 from HKD 14,237,000, primarily due to higher bank loan interest[20] - Other income and gains decreased to HKD 6,520,000 from HKD 14,632,000, indicating a decline in overall profitability[16] Investment and Valuation - The investment properties recorded a valuation loss of approximately HKD 31.78 million, compared to a valuation gain of HKD 16.27 million in the same period last year[34] - The occupancy rate of the main investment property, Kai Tak Building, was approximately 71%, down from 75% as of June 30, 2023[34] - The group’s investment properties and certain leased lands and buildings, with a book value of approximately HKD 1.88849 billion, are mortgaged to several banks as collateral for bank financing[35] Foreign Exchange and Market Impact - The company reported a foreign exchange loss of approximately HKD 4.92 million during the period, compared to a foreign exchange gain of HKD 7.75 million in the same period last year[33]

Shareholder Information - The company issued 950,587,991 shares with a par value of HKD 0.10 as of December 31, 2023[20] - The company encourages shareholders to attend the annual general meeting and provides at least 21 days' notice for such meetings[35] - As of December 31, 2023, the total equity held by Ding Wushou is 549,968,695 shares, representing 57.86% of the issued share capital[78] - Ding Tianli holds 21,530,432 shares, accounting for 2.26% of the total issued share capital[78] - Ding Wangyun holds 2,075,183 shares, which is 0.22% of the total issued share capital[78] - The total equity held by Ding Wu Shou and his spouse, Ms. Zeng Yong Xuan, amounts to 53,469,948 shares, which is 5.62% of the total issued share capital[117] - As of December 31, 2023, the major shareholder, Forest Crimson Limited, holds 209,671,000 shares, representing 22.06% of the issued share capital[117] Financial Performance - The company's revenue for the fiscal year ending December 31, 2023, was approximately HKD 372.54 million, an increase of about 5.84% compared to the previous year[196] - The operating profit for 2023 was approximately HKD 23.60 million, a turnaround from an operating loss of approximately HKD 21.04 million in the previous year[196] - The loss attributable to equity shareholders for the fiscal year was approximately HKD 74.63 million, which included a revaluation loss on investment properties of approximately HKD 57.64 million and interest expenses of approximately HKD 35.20 million[196] - Rental income for the fiscal year was approximately HKD 49.79 million, representing about 13.37% of the total revenue, compared to 14.09% in the previous year[198] - The company did not recommend a final dividend for the fiscal year ending December 31, 2023, consistent with the previous year[193] - The company aims to streamline operations to enhance efficiency and implement cost-reduction measures in response to a challenging economic environment[193] - The company plans to diversify its business and explore new sales opportunities while maintaining competitive pricing for high-quality products in the toy and model train sector[197] - The company maintains a diverse customer base, with no single customer accounting for more than 10% of total revenue for the fiscal year[199] Governance and Management - The audit committee confirmed that there were no significant deficiencies in the company's internal control review report[16] - The company has established a shareholder communication policy to ensure timely and equal access to important information for shareholders[19] - The company’s board is responsible for maintaining a robust and effective risk management and internal control system to achieve business strategies[31] - The board of directors includes experienced members, with the chairman and managing director having served since the company's inception in 1989, indicating strong leadership continuity[58] - The company has a diverse board composition, with independent non-executive directors confirming their independence annually, ensuring governance integrity[56] - The company has a commitment to corporate governance, with independent directors actively participating in various committees and initiatives[70] - The board consists of both executive and independent non-executive directors, ensuring a balance of power and independent oversight[86] - The company has appointed Liu Zhenrong as an independent non-executive director in July 2023, bringing 14 years of experience in financial markets[75] - The company’s financial management is overseen by Lau Wai Keung, who has been with the group since 2011 and currently serves as CFO[82] - The company has not made any arrangements for its directors to benefit from purchasing shares or bonds of the company or any other company during the year[104] - There are no significant transactions, arrangements, or contracts involving the company's directors with substantial interests during the year[106] - The company encourages all directors to participate in relevant training courses to enhance their awareness of good corporate governance practices[163] Risk Management and Compliance - The company has implemented a robust internal management system to manage its environmental, social, and governance components, including quality management and responsible supply chain management[131] - The company has achieved ISO 9001:2015 quality management certification, demonstrating its commitment to continuous improvement and quality enhancement[131] - The company is focused on maintaining transparency and compliance with listing rules, as evidenced by the exemption status of certain transactions[54] - The company is committed to maintaining compliance with listing rules, with directors subject to re-election at least once every three years[77] - The company has established supplier qualification review and monitoring procedures to ensure compliance with local laws and regulations, maintaining integrity in the supply chain[158] Environmental, Social, and Governance (ESG) - The company has established key performance indicators (KPIs) to monitor and report on its environmental, social, and governance performance[127] - The company has established an Environmental, Social, and Governance (ESG) Committee to manage and monitor ESG issues, ensuring sustainable governance practices[136] - A robust risk management framework has been implemented, with annual ESG risk assessments conducted by senior management and employees to identify potential risks affecting business operations[137] - The board of directors oversees the company's ESG strategies and performance, ensuring responsible and ethical considerations are integrated into all operational levels[147] - The ESG Committee meets at least biannually to review the company's ESG issues, risks, and opportunities, ensuring that ESG priorities remain a strategic focus[151] - The company is committed to creating long-term value for stakeholders through sustainable business practices and has set specific ESG-related goals and indicators for performance review[147] - The company has identified and implemented measures to address occupational health and safety risks, ensuring compliance with relevant laws and regulations[139] - The company has implemented a comprehensive EHS management system aligned with development strategies and applicable laws, consisting of hazard identification, safety inspections, and emergency preparedness[156] Market and Customer Relations - The company’s major customers accounted for 29% of total sales from the top five customers, with the largest customer contributing 9%[40] - The group reported significant procurement details, with the largest supplier accounting for 19% and the top five suppliers collectively representing 50% of total procurement[53] - The group has a strong focus on expanding its market presence, leveraging the experience of its board members in international business development[71] - The company aims to provide excellent service and quality products to all customers and stakeholders, guided by its six core values[129] - The company is optimistic about future shareholder returns due to the efforts of its experienced management team and ongoing strategic initiatives[193]