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 就 因 本 公 佈 全 部或任何部分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。 龐維新 承董事會命 宏輝集團控股有限公司 主 席 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：183） 董事會會議通知 宏輝集團控股有限公司（「本公司」）董事會（「董事會」）謹 此 宣 佈，董 事 會 會 議 將 於二零二五年九月二十六日（星 期 五）舉 行，以 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 年 度 之 全 年 業 績，以 及 考 慮 宣 派、建 議 或 支 付股息（如 有）。 香 港，二 零 二 五 年 九 月 十 五 日 於本公佈日期，本公司執行董事為龐維新先生及李永賢先生；本公司非執行董事 為 賴 顯 榮 先 生；而 本 公 司 獨 立 非 執 行 董 事 為 顧 福 身 先 生、楊 穎 欣 女 士 及 劉 紀 明 先 生。 ...

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: 宏輝集團控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 | 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) | 00183 | 說明 | | | | | | | | | | 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 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本 ...

Economic Indicators - In July, the industrial added value above designated size increased by 5.7% year-on-year and 0.38% month-on-month [1] - The total retail sales of consumer goods reached 38,780 billion yuan in July, growing by 3.7% year-on-year but declining by 0.14% month-on-month [1] - From January to July, the total retail sales of consumer goods amounted to 284,238 billion yuan, with a year-on-year growth of 4.8% [1] - Fixed asset investment (excluding rural households) from January to July was 288,229 billion yuan, up by 1.6% year-on-year, while excluding real estate development investment, it grew by 5.3% [1] Real Estate Market - The core goal of real estate policy is to stabilize the market, with a focus on the effective implementation of existing policies such as urban village renovation and special bond storage [2] - The sales prices of commercial residential properties in 70 large and medium-sized cities showed a month-on-month decline, with the year-on-year decline narrowing overall [1][2] Company Earnings - Dongfang Fortune reported a revenue of 6.856 billion yuan in the first half of the year, a year-on-year increase of 38.65%, with a net profit of 5.567 billion yuan, up by 37.27% [6] - Shengyi Electronics achieved a revenue of 3.769 billion yuan, a 91% increase year-on-year, and a net profit of 531 million yuan, up by 452% [6] - Shengyi Technology reported a revenue of 12.68 billion yuan, a 31.68% increase year-on-year, and a net profit of 1.426 billion yuan, up by 52.98% [6] - Jiantou Energy's revenue was 11.113 billion yuan, a decrease of 3.28% year-on-year, while net profit increased by 157.96% to 897 million yuan [6] - Kewo Si's revenue reached 8.676 billion yuan, a 24.37% increase year-on-year, with a net profit of 979 million yuan, up by 60.84% [6] - Tianshili reported a revenue of 4.288 billion yuan, a year-on-year decrease of 1.91%, but a net profit of 775 million yuan, up by 16.97% [6] Corporate Announcements - China Shenhua announced plans to acquire 100% equity stakes in several companies from the National Energy Group and raise funds through A-share issuance [7] - Awen New Materials disclosed that TPI Composites, Inc. filed for Chapter 11 bankruptcy, potentially impacting its receivables from TPI Mexico [8] - ST Jinggu announced plans to transfer a 51% stake in a subsidiary, which may trigger delisting risk due to a significant drop in its main business scale [8] - Oulu Tong reported abnormal trading fluctuations and clarified that recent online information regarding its overseas projects is inaccurate [9] - Xiechuang Data plans to procure servers worth up to 1.2 billion yuan to enhance its computing power leasing services [9] Research Insights - CITIC Securities recommends focusing on SOFC (Solid Oxide Fuel Cell) companies due to their high efficiency and suitability for data centers [11] - Huatai Securities highlights the potential of teaching-free robots in welding applications, particularly in the shipbuilding sector, as technology advances [11]

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 FF301 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: 宏輝集團控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 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) | 00183 | 說明 | | | | | | | | | | 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 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | 本 ...

Summary of Key Points Core Viewpoint - As of May 28, a total of 65 stocks reached their 52-week highs, with notable performances from Kingway Medical Holdings (08559), China Silver Technology (00515), and Honghui Group (00183) leading the list with high rates of increase [1]. Group 1: Stocks Reaching 52-Week Highs - Kingway Medical Holdings (08559) achieved a closing price of 0.027 with a peak of 0.045, marking a high rate of 32.35% [1]. - China Silver Technology (00515) closed at 0.280, reaching a maximum of 0.305, resulting in a high rate of 28.15% [1]. - Honghui Group (00183) had a closing price of 0.255, with a peak price of 0.255, reflecting a high rate of 27.50% [1]. - Other notable stocks include Emperor Watch and Jewellery (00887) with a high rate of 27.14% and Sogo Department Store (00312) at 21.79% [1]. Group 2: Additional Stocks with Significant Increases - Lehua Entertainment (02306) reached a high rate of 13.73% with a closing price of 2.540 [1]. - Kingway Medical (08143) had a closing price of 0.124 and a peak of 0.230, resulting in a high rate of 10.05% [1]. - Other stocks with notable increases include Zhu Feng Gold (01815) at 6.98% and Yaoshi Bang (09885) at 6.68% [1]. Group 3: Stocks with Lower Performance - The report also includes stocks that did not perform as well, with some reaching their 52-week lows, such as China Parenting Network (01736) with a low rate of -14.40% [2]. - XI Nan Tes-U (09366) and XI Nan Tes (07366) also showed declines of -10.08% and -8.60% respectively [2]. - Other stocks like He Fu Hui Huang (00733) and Pai Ge Biomedical-B (02565) experienced decreases of -7.04% and -6.95% [2].

Company Overview - Macro Holdings Group Limited has been listed on the Hong Kong Stock Exchange since 2010 and operates three core businesses: property development and investment, interior design and construction, and portfolio investment and management [2] - The company has expanded its business scope to include interior design and construction services, with total assets exceeding HKD 2.2 billion [2] - Macro Holdings is focused on expanding its business in Hong Kong while also increasing long-term commercial interests overseas, aiming to provide substantial returns to shareholders and investors [2] Financial Performance - As of December 31, 2024, Macro Holdings reported total revenue of HKD 22.2268 million, representing a year-on-year growth of 29.34% [1] - The company recorded a net profit attributable to shareholders of -HKD 49.1616 million, showing a year-on-year increase of 54.42% [1] - The debt-to-asset ratio stands at 17.97% [1] Stock Performance - On May 28, the Hang Seng Index fell by 0.53%, closing at 23,258.31 points, while Macro Holdings' stock price increased by 27.5% to HKD 0.255 per share, with a trading volume of 1.536 million shares and a turnover of HKD 356,700 [1] - Over the past month, Macro Holdings has seen a cumulative increase of 41.84%, and a year-to-date increase of 40.85%, outperforming the Hang Seng Index by 16.56% [1] Valuation Metrics - The average price-to-earnings (P/E) ratio for the real estate industry is 4.79 times, with a median of -0.15 times [1] - Macro Holdings has a P/E ratio of -0.63 times, ranking 194th in the industry [1] - Comparatively, other companies in the sector have P/E ratios of 0.3 times (Bai Shi Da Holdings), 0.35 times (Bai Shi Da Holdings), 1.71 times (Hengda Group Holdings), 2.37 times (Meilian Group), and 2.82 times (Ruishen Life Services) [1] Shareholding Activity - On May 26, 2025, Dong Jingyi increased her holdings by 8,000 shares at an average price of HKD 0.18 per share, bringing her total holdings to 394.3 million shares, which represents a 69.55% ownership stake [3]

Group 1 - As of May 26, a total of 88 stocks reached their 52-week highs, with Tianbao Energy (01671), China Nuclear International (02302), and Honghui Group (00183) leading the high rate at 141.60%, 93.92%, and 21.34% respectively [1] - Tianbao Energy closed at 0.700 and reached a peak of 1.510, marking a significant increase of 141.60% [1] - China Nuclear International closed at 4.090 with a highest price of 5.100, reflecting a rise of 93.92% [1] Group 2 - Other notable stocks that reached their 52-week highs include Century International (00959) with an increase of 18.64%, and Junjie Group Holdings (08188) with a rise of 17.95% [1] - The list also includes Haotian Financial Group (01260) with a 13.70% increase and Dechang Electric Holdings (00179) with a 10.96% rise [1] - The overall trend indicates a strong performance in the market, with multiple stocks achieving significant gains [1] Group 3 - The report also highlights stocks that reached their 52-week lows, with Sipai Health (00314) showing the largest decline at -11.65% [3] - Other stocks experiencing declines include Feitian Yundong (06610) at -9.05% and Hengrui Medicine (01276) at -4.81% [3] - The presence of stocks reaching both highs and lows suggests a volatile market environment [3]

Financial Performance - Revenue for the six months ended December 31, 2024, was HKD 24,002,000, an increase of 29.4% compared to HKD 18,558,000 for the same period in 2023[4] - The net loss for the period was HKD 53,144,000, a significant improvement from a net loss of HKD 116,515,000 in the previous year, representing a reduction of 54.4%[4] - The total comprehensive loss for the period was HKD 52,110,000, compared to HKD 119,903,000 in the previous year, marking a decrease of 56.5%[5] - The group reported a loss attributable to owners of the company of HKD 53,088,000 for the six months ended December 31, 2024, a reduction in loss compared to HKD 116,463,000 in 2023, representing an improvement of 54.4%[35] - The group recorded a segment profit of approximately HKD 8,159,000 for the period, an increase from HKD 2,443,000 in the previous six months[97] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 1,195,635,000, down from HKD 1,271,031,000 as of June 30, 2024, reflecting a decrease of 5.9%[7] - The company’s equity attributable to owners was HKD 1,334,537,000, down from HKD 1,386,554,000, a decrease of 3.7%[8] - The total non-current assets as of December 31, 2024, were HKD 718,489,000, a decrease from HKD 780,201,000 as of June 30, 2024[27] - As of December 31, 2024, the group's net current assets were approximately HKD 145,771,000, up from HKD 120,600,000 as of June 30, 2024[61] - The capital debt ratio was approximately 16% as of December 31, 2024, stable compared to 17% as of June 30, 2024[61] Cash Flow - The net cash inflow from operating activities for the six months ended December 31, 2024, was HKD 6,748,000, compared to HKD 1,973,000 for the same period in 2023, representing a significant increase[9] - The net cash inflow from investing activities was HKD 137,113,000, a turnaround from a net outflow of HKD 36,203,000 in the previous year[9] - The total cash and cash equivalents at the end of the period increased to HKD 213,693,000 from HKD 30,996,000 in the prior year, indicating a substantial growth[9] Investment Properties - The fair value loss on investment properties was HKD 51,809,000, an improvement from HKD 70,639,000 in the previous year, showing a reduction of 26.7%[4] - The group recorded a fair value loss of investment properties amounting to approximately HKD 51,809,000 for the period, primarily due to losses from specific commercial properties in Hong Kong[78] - The fair value loss for the investment property at 9 Queen's Road Central is approximately HKD 24,300,000 as of December 31, 2024[80] - The property located at 19 Hong Kai Road, Kowloon Bay has a total floor area of approximately 16,500 square feet and is fully leased to independent third parties, providing stable income and long-term appreciation potential[84] Revenue Sources - Revenue from contracts with customers for the six months ended December 31, 2024, was HKD 8,012,000, compared to HKD 2,472,000 for the same period in 2023, representing a significant increase of 223%[30] - Rental income from investment properties for the same period was HKD 10,670,000, slightly down from HKD 10,672,000 in 2023, indicating a marginal decrease of 0.02%[30] - Other income sources totaled HKD 5,320,000 for the six months ended December 31, 2024, compared to HKD 5,414,000 in 2023, reflecting a decrease of 1.73%[30] Shareholder Information - Major shareholder Dong Jingyi holds 392,131,566 shares, representing approximately 69.17% of the total issued shares[118] - The beneficial owner Pang Weixin holds a total of 57,489,600 shares, which is about 10.14% of the total issued shares[114] - The total number of shares held by the beneficial owner of Virtue Partner Group Limited is 334,641,966, representing 59.03% of the total issued shares[118] Corporate Governance - The company has maintained a high level of corporate governance, adhering to all corporate governance codes during the reporting period[126] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated results for the period and confirmed compliance with applicable accounting standards and regulations[129] - The company is committed to long-term financial performance rather than short-term gains, avoiding unnecessary risks[126] Market Outlook - The company maintains a cautiously optimistic outlook on the property market despite ongoing global economic challenges, including inflation and geopolitical tensions[105] - The residential property market showed signs of improvement after the US interest rate cut in September, with developers accelerating the launch of new projects[57] - The overall rental prices for office spaces decreased during the period, with significant declines in transaction volumes compared to the previous year[58]

Financial Performance - Revenue for the six months ended December 31, 2024, was HKD 24,002,000, an increase of 29.4% compared to HKD 18,558,000 for the same period in 2023[4]. - The net loss for the period was HKD 53,144,000, a significant improvement from a net loss of HKD 116,515,000 in the previous year, representing a 54.4% reduction in losses[4][5]. - The total comprehensive income for the period was HKD (119,851,000), which includes a loss attributable to owners of HKD (116,498,000)[10]. - The group reported a loss attributable to shareholders of HKD 53,088,000 for the six months ended December 31, 2024, an improvement from a loss of HKD 116,463,000 in the same period of 2023[38]. - The group's loss before tax was approximately HKD 53,144,000, a decrease of about 54.4% from a loss of HKD 116,515,000 in the same period last fiscal year, mainly due to fair value losses on investment properties and impairment of properties, plants, and equipment[61]. Cash Flow and Assets - Cash generated from operating activities was HKD 6,748,000, up from HKD 1,973,000 in the same period last year[8]. - Cash and cash equivalents at the end of the period increased to HKD 213,693,000, compared to HKD 30,996,000 at the end of the previous year[8]. - Total assets decreased to HKD 1,341,406,000 from HKD 1,391,631,000 as of June 30, 2024[7]. - The company's equity attributable to owners decreased to HKD 1,334,537,000 from HKD 1,386,554,000[7]. - As of December 31, 2024, the group's net current assets were approximately HKD 145,771,000, up from HKD 120,600,000 as of June 30, 2024, with cash and bank balances of approximately HKD 213,693,000[63]. Investment Properties - The fair value loss on investment properties was HKD 51,809,000, an improvement from HKD 70,639,000 in the previous year[4]. - The group recorded a fair value loss of approximately HKD 51,809,000 on investment properties, compared to a loss of HKD 70,839,000 for the six months ended December 31, 2023[82]. - The fair value loss for the investment property at 9 Queen's Road Central was approximately HKD 24,300,000 as of December 31, 2024, down from HKD 42,000,000 for the six months ended December 31, 2023[83]. - The retail property at 419K Queen's Road West recorded a fair value loss of approximately HKD 13,800,000 as of December 31, 2024, compared to a fair value gain of HKD 4,300,000 for the six months ended December 31, 2023[85]. Revenue Breakdown - Revenue from property sales amounted to HKD 8,012,000, significantly up from HKD 2,472,000, reflecting a growth of 223.5%[32]. - The revenue from external customers in the UK increased significantly to HKD 10,281,000 in 2024 from HKD 4,736,000 in 2023, showing a growth of approximately 117.5%[28]. - The revenue from external customers in Hong Kong for the six months ending December 31, 2024, was HKD 13,003,000, slightly down from HKD 13,031,000 in 2023[28]. Employee Costs - Employee costs increased to HKD 8,495,000 from HKD 8,064,000 year-on-year[4]. - Short-term employee benefits for key management personnel were HKD 4,504,000 for the six months ended December 31, 2024, slightly up from HKD 4,427,000 in the same period of 2023[49]. - The group employed 16 employees as of December 31, 2024, with total employee costs approximately HKD 8,458,000 for the period[79]. Market Conditions - The non-residential property market remained weak, with prices and rents continuing to soften during the second quarter of 2025[60]. - The residential property market showed signs of improvement following interest rate cuts in the U.S., with developers accelerating the launch of new projects[59]. - Overall unit prices in the residential market experienced a slight decline, while transaction volumes significantly increased during the reporting period[59]. Financial Policies and Governance - The company adheres to high standards of corporate governance, focusing on long-term financial performance rather than short-term gains[113]. - The company has established an audit committee to review and supervise financial reporting procedures, risk management, and internal control systems, consisting of three independent non-executive directors[116]. - The company has established credit policies and procedures to mitigate credit or investment risks, including requiring guarantees and conducting regular reviews of borrowers[105]. Future Outlook - The company remains optimistic about the long-term prospects of the property markets in Hong Kong, the UK, and Japan, viewing these investments as excellent opportunities for long-term appreciation[95]. - The company anticipates continued economic recovery in Hong Kong and globally, despite challenges from inflation and geopolitical tensions[107]. - The company maintains a cautious optimism towards the property market and plans to continue prudent acquisition and disposal of properties[107].

Financial Performance - The group recorded a revenue of approximately HKD 41,118,000 for the fiscal year, an increase of about 8.1% compared to HKD 38,029,000 in the previous fiscal year[6]. - The group reported a loss before tax of approximately HKD 241,945,000, which is an increase of about 248.9% from the previous year's loss of HKD 69,352,000[6]. - The group recorded a revenue of approximately HKD 41,118,000, an increase of about 8.1% compared to the previous fiscal year's HKD 38,029,000[11]. - The group reported a pre-tax loss of approximately HKD 241,945,000, an increase of about 248.9% from the previous year's loss of HKD 69,352,000, primarily due to fair value losses on investment properties[11]. - The total assets as of June 30, 2024, were HKD 1,717,068,000, down from HKD 1,839,235,000 in the previous year, reflecting a decrease of approximately 6.6%[126]. - The net asset value decreased to HKD 1,385,915,000 from HKD 1,616,943,000, a decline of about 14.3% year-over-year[126]. - The company did not recommend a final dividend for the year, consistent with the previous year[123]. - Revenue from the top five customers accounted for approximately 36.2% of total revenue, down from 41.1% in the previous year, indicating a diversification in customer base[129]. - The largest customer contributed approximately 10.8% of total revenue, a slight decrease from 11.0% in the previous year[129]. - The company's distributable reserves were approximately HKD 1,323,835,000, down from HKD 1,448,885,000 in the previous year[132]. - The group made charitable contributions of approximately HKD 1,374,000 during the year, a decrease from HKD 1,755,000 in the previous year[125]. Property Market Outlook - The group plans to adopt a cautious approach to property acquisitions and sales while exploring potential investment properties and development projects to increase recurring income and capital appreciation[7]. - The group remains cautiously optimistic about the property market despite ongoing global economic challenges, including inflation and geopolitical tensions[7]. - The demand management measures in the residential property market were lifted, leading to increased activity, although the market has since quieted down[5]. - The commercial property market remains weak, with office space prices and rents continuing to decline[5]. - The group acknowledges the ongoing challenges posed by rising inflation and geopolitical risks, which may impact global economic recovery[7]. - The group maintains a positive long-term outlook for the commercial, industrial, and residential property markets in Hong Kong, the UK, and Japan, anticipating significant property price appreciation[22]. - The group is optimistic about the recovery of inbound tourism in Japan, particularly in the Niseko ski resort area, viewing it as a good long-term investment opportunity[22]. Investment Properties - The group experienced a fair value loss on investment properties of approximately HKD 163,552,000, compared to a fair value loss of HKD 11,407,000 in the previous year[13]. - The investment property at Atlantic House, Cardiff, has a total floor area of approximately 41,000 square feet, with 30% of the leased area rented out as of June 30, 2024[15]. - The investment property at 19 Hong Kong Kowloon Bay has a total floor area of approximately 16,500 square feet, with all units leased out during the year[15]. - The fair value loss for the investment property at Atlantic House is approximately HKD 21,700,000 as of June 30, 2024, compared to HKD 7,700,000 in 2023[15]. - The office unit at 121 Des Voeux Road Central has a total floor area of approximately 7,300 square feet, with a monthly rent of HKD 233,000, which will adjust to HKD 224,000 starting September 21, 2024[18]. - The retail shops at Tai Kok Tsui have been acquired for short-term trading purposes, with a confirmed impairment of HKD 24,180,000 due to a decline in retail prices and rents[20]. - The office unit at 2-12 Queen's Road West has a total floor area of approximately 1,650 square feet, leased to a translation company at a monthly rent of HKD 42,000[17]. - The three office units at 3 Arbuthnot Road have a total floor area of approximately 4,100 square feet and are currently seeking new tenants[16]. Securities and Loan Financing - The group aims to expand its securities investment and trading business as well as its loan financing operations to achieve stable recurring income growth[7]. - The investment portfolio in the securities trading segment reported a fair value gain of approximately HKD 1,123,000, a significant recovery from a loss of HKD 55,428,000 in 2023[23]. - The group incurred a segment loss of approximately HKD 10,345,000, improving from a loss of HKD 59,377,000 in the previous year[23]. - Interest income from the loan financing business was approximately HKD 5,000,000, representing 12.2% of total income, up from 9.3% in 2023[25]. - The group recognized a loan loss provision of HKD 7,681,000 for the loan financing business, compared to HKD 2,248,000 in 2023[29]. - The carrying value of loans receivable in the loan financing business was approximately HKD 37,185,000, an increase from HKD 36,573,000 in 2023[26]. - The group’s largest borrower accounted for approximately 47% of the total loans receivable as of June 30, 2024, down from 56% in 2023[26]. Corporate Governance - The company has adopted the corporate governance code as per the Stock Exchange Listing Rules and has complied with all governance codes during the year[57]. - The roles of Chairman and CEO are clearly separated, with Mr. Pang Wei Xin serving as Chairman and Mr. Li Yong Xian as CEO[58]. - The board of directors is responsible for formulating corporate policies, business strategies, and risk management, ensuring effective execution of strategies and compliance with regulations[60]. - The company has appointed Mr. Liu Ji Ming as an independent non-executive director on September 27, 2023[54]. - The board includes experienced members with backgrounds in finance, law, and corporate governance, ensuring effective oversight and management[60]. - The company has a sustainable development committee chaired by Mr. Li Yong Xian, focusing on long-term strategic development[56]. - The company has maintained a strict code of conduct for securities trading among directors, with no violations reported during the year[59]. - The company has a diverse board composition, including independent non-executive directors with extensive experience in various sectors[60]. - The company is committed to internal control systems and risk management procedures to safeguard its operations and financial integrity[60]. - The company has a strong emphasis on corporate governance, ensuring transparency and accountability in its operations[57]. - The company appointed three independent non-executive directors, each with sufficient experience to safeguard shareholder interests[61]. Risk Management and Internal Controls - The risk management framework includes policies and procedures for identifying, assessing, managing, and reporting risks, covering strategic, operational, market, reporting, and compliance risks[91]. - The internal control system is designed to safeguard the group's assets and ensure compliance with applicable laws and regulations[92]. - The board is responsible for maintaining effective risk management and internal control systems, with evaluations conducted semi-annually[91]. - The board has reviewed the effectiveness of the internal control system and found no significant issues, but identified areas for improvement[93]. - The company believes that its risk management and internal control processes are sufficient for its current business environment[93]. Sustainability and Corporate Social Responsibility - The company emphasizes the importance of environmental, social, and governance (ESG) matters and has implemented measures to promote sustainable practices[172]. - The company’s environmental, social, and governance report outlines efforts in energy saving, waste management, community engagement, and human rights[172]. - The company has established a comprehensive sustainability strategy focusing on four core areas: environment, employees, supply chain, and community[176]. - The sustainability strategy is guided by seven relevant Sustainable Development Goals identified by the company, aligning with global calls from United Nations member states[176]. - The company aims to continuously improve environmental performance by adopting eco-friendly equipment and technologies, optimizing resource efficiency, and addressing climate change[178]. - The company has implemented a risk management framework that incorporates environmental, social, and governance risks into its operations[180]. - The company recognizes the potential impacts of climate change, including operational disruptions due to extreme weather, and has developed adaptation plans to address these risks[180]. - The company emphasizes stakeholder engagement as an essential part of its sustainability strategy, regularly communicating with investors, shareholders, and employees to gather feedback[182]. - The company has updated its environmental policies to comply with the latest standards and regulations, mitigating risks associated with environmental compliance[180]. - The company is committed to fostering a people-centric work environment by promoting diversity and prioritizing health and safety for its employees[178]. - The company has established a comprehensive anti-corruption management system to maintain high ethical standards and integrity in its operations[192]. - The company has a zero-tolerance policy towards all forms of discrimination, child labor, and forced labor[190]. Shareholder Communication and Rights - The company encourages shareholders to attend annual general meetings and will provide at least 21 days' notice for such meetings[98]. - Shareholders have the right to request the board to convene a special general meeting if they hold at least 10% of the paid-up capital[98]. - The company has updated its shareholder communication policy to ensure timely and reliable information is provided to shareholders[100]. - The company's website contains a dedicated page for the latest information related to the group and its business[101]. - The board of directors encourages shareholder participation in the annual general meeting, ensuring the presence of committee chairs to address questions[102]. - The company must send notifications for the annual general meeting at least 21 days in advance and for other meetings at least 14 days in advance[103]. - The company is required to provide the annual report, including financial statements and auditor's report, to shareholders at least 21 days before the annual general meeting[105]. Share Options and Ownership - The company has implemented both old and new share option plans, with options granted on May 17, 2016, November 26, 2018, and July 14, 2023[139]. - The old share option plan has a total of 13,148,000 options granted, with 10,788,000 options remaining unexercised as of June 30, 2024[144]. - The new share option plan was adopted on November 26, 2021, allowing the company to grant options to selected individuals as a reward for their contributions[145]. - The new share option plan complies with the listing rules under Chapter 17[146]. - The exercise price for options under the new plan will be determined by the board and communicated to participants[146]. - The total number of options exercised during the year was 2,360,000[144]. - The total number of shares available for issuance under the new share option plan is 56,081,256 shares, representing approximately 9.89% of the issued shares[150]. - The company aims to expand its market presence through the new share option plan, incentivizing contributions from selected individuals[146]. Employee and Director Compensation - The total employee cost for the year was approximately HKD 17,079,000, a decrease from HKD 17,977,000 in the previous year[46]. - Executive director Mr. Pang receives a monthly salary of HKD 586,000, with discretionary bonuses determined by the board[61]. - Executive director Mr. Li receives a monthly salary of HKD 117,200, also with discretionary bonuses[62]. - The remuneration committee held three meetings to review the compensation packages for all directors and senior management[68]. - The company has established principles for the remuneration of executive directors, which include annual reviews and adjustments based on performance and market trends[70]. Audit and Compliance - The auditor's fee for the year was approximately HKD 680,000 for statutory audits and HKD 220,000 for non-audit services[85]. - The audit committee held four meetings during the year to review financial reports and audit plans[85]. - The company has appointed Hong Kong Li Xin De Hao Accounting Firm Limited as its external auditor, which has expressed willingness to continue its service[85]. - The audit committee is responsible for monitoring and reviewing the effectiveness of the company's financial controls and risk management systems[85]. - The audit committee met with the company's auditors twice during the year, with all members attending 100% of the meetings[87].