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，並明確表示概不會就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。 YGM 貿易有限公司 YGM貿易有限公司｢本公司｣董事｢董事｣會｢董事會｣宣佈，自二零二五年八月一日起，董事會 提名委員會(｢提名委員會｣)成員變動如下： (i) 執行董事陳永燊先生不再擔任提名委員會成員；及 (ii) 執行董事周陳淑玲女士已獲委任為提名委員會成員。 隨上述變動後，提名委員會成員由三位獨立非執行董事(即蔡廷基先生、蘇漢章先生及李光明 先生)及兩位執行董事(即陳永奎先生及周陳淑玲女士)組成。 (於 香 港 註 冊 成 立 之 有 限 公 司 ) 提名委員會組成的變動 (股 份 代 號 ： 股 份 代 號 ： 00375) 上述變動乃因應香港聯合交易所有限公司《證券上市規則》(｢上市規則｣)及上市規則附錄 C1 所載企業管治守則的修訂而作出，該等修訂自二 零 二 五年七月一日起生效。董事會相信，進 行此等變動可加強董事會的效能及多元化，並進一步完善本公司整體的企業管治常規。 董事會謹藉此機會對 ...

YGM 貿易有限公司 YGM TRADING LIMITED (Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock code 股份代號：00375) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear non-registered shareholder(s), YGM Trading Limited (the "Company") – Notice of Publication of Annual Report and Circular (the "Current Corporate Communications") The Current Corporate Communications of the Company have been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited ...

YGM 貿易有限公司 YGM TRADING LIMITED (Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock code 股份代號：00375) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear registered shareholder(s), YGM Trading Limited (the "Company") – Notice of Publication of Annual Report, Circular and Proxy Form (the "Current Corporate Communications") Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07 of the Rules Governing The Listing of Securities on The Stock Exchange of Hong Kong ...

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通告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會就本通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。 YGM貿易有限公司 （於香港註冊成立之有限公司） （股份代號：00375） 4. 續聘畢馬威會計師事務所為本公司核數師及授權董事會釐定其酬金；及 5. 作為特別事項，考慮並酌情通過下列決議案（不論經修訂與否）為普通決議案： 「有關期間」指由本決議案通過之日至下列最早時間之期間： 2 (A) 「動議： (a) 在下文(c)段之規限下，一般及無條件批准董事於有關期間（定義見下文） 行使本公司一切權力，以配發、發行及處理本公司股本中的額外股份（「股 份」），及作出或授出可能須行使該項權力之建議、協議及認股權； (b) 在上文(a)段之批准將附加於授予董事之任何其他權力，並授權董事於 有關期間作出或授出可能須於有關期間結束後行使該項權力之建議、 協議及認股權； (c) 本公司董事根據上文(a)段之批准所配發或有條件或無條件同意配發（無 論是否根據購股權或其他方式）股份總數不得超過(aa)本公司於本決議 案通過當日 ...

YGM貿易有限公司 （於香港註冊成立之有限公司） （股份代號：00375） 日期：二零二五年 月 日 簽署： 附註： 1. 請以正楷填上 閣下之全名及地址，應列明所有聯名股東之名稱。 2. 請於空欄內填上與本代表委任表格相關之本公司普通股數目。如已填寫數目，本代表委任表格將被視為僅與該等股份相關。 如未有填寫數目，本代表委任表格將被視為與所有以 閣下名義（不論為個人或連同他人）登記之本公司普通股相關。 3. 倘擬委任大會主席以外人士，請刪除「大會主席或」並以正楷於空欄內填上擬委任代表之名稱及地址。受委任代表毋須為 本公司股東。倘受委任代表代表 閣下出席大會，該受委任代表須出示其身份證明文件。 4. 有權出席上述大會並於會上投票之股東，均可委任一名或以上代表代其出席大會並在會上投票。受委任代表毋須為本公司 股東。 5. 倘委託法律代表出席大會，該法律代表須出示其身份證明文件，及該公司董事會或其他管理機構議決委任法律代表之經核 實真實副本。 6. 如屬聯名股東，則排名較前之股東親身或由受委任代表投票後，其他聯名股東概不可投票。就此目的而言，排名先後以本 公司股東名冊有關該聯名持股之股東排名為準，及代表委任表格須由 ...

此乃要件 請即處理 閣下如對本通函之任何內容或應採取之行動有任何疑問，應諮詢 閣下之註冊證券商、 銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下之YGM貿易有限公司股份全部售出或轉讓，應立即將本通函連同隨 附之代表委任表格送交買主或承讓人，或經手買賣或轉讓之銀行、註冊證券商或其 他代理商，以便轉交買主或承讓人。 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通函之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表明概不對因本通函全部或任何部 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。 YGM貿易有限公司 （於香港註冊成立之有限公司） （股份代號：00375） 有關重選董事、 發行及購回股份之一般授權之建議 及 股東週年大會通告 本公司謹定於二零二五年九月二十六日（星期五）中午十二時十五分假座九龍又一村 高槐路七號又一村花園俱樂部舉行股東週年大會，大會通告載於本通函第13頁至第 16頁內。隨本通函附奉代表委任表格。 無論 閣下能否出席股東週年大會，務請按照隨附之代表委任表格上所印列之指示 填妥該表格，並儘早交回本公司之註冊辦事處，地址為香港九龍新蒲崗大有街22號， 惟 ...

| 1. 董事會聲明 | | 3 | | --- | --- | --- | | 2. 關於 YGM 貿易有限公司 | | 5 | | 3. 關於本報告 | | 5 | | 3.1. 報告基礎 5 | | | | 3.2. 報告範圍 5 | | | | 3.3. 報告原則 | 6 | | | 3.4. 審查和批准 | 6 | | | 4. 持份者參與和重要性評估 | | 6 | | 4.1. 持份者參與 6 | | | | 4.2. 重要性評估 | 7 | | | 5. 獎項與成就… 8 | | | | 6. 環境 | | 9 | | 6.1. 排放物 9 | | | | 6.2. 資源的使用 11 | | | | 6.3. 環境與天然資源 | 12 | | | 6.4. 應對氣候挑戰 13 | | | | 7. 僱傭及勞工常規 | 13 | | | 7.1. 僱傭 13 | | | | 7.2. 職業健康與安全 | 16 | | | 7.3. 發展及培訓 17 | | | | 7.4. 勞工準則 18 | | | | 8. 營運慣例 | | .19 | | 8.1. 供應鏈管理 19 | | | | 9. ...

目錄 Contents 1 公司資料 Corporate Information 2 五年財務摘要 Five Year Financial Highlights 3 主席報告 Chairman's Statement 5 管理層討論及分析 Management Discussion and Analysis 11 企業管治報告 Corporate Governance Report 22 董事會報告 Directors' Report 30 董事及管理人員 Directors and Management 34 獨立核數師報告 Independent Auditor's Report 42 綜合損益表 Consolidated Statement of Profit or Loss 43 綜合損益及其他全面收益表 Consolidated Statement of Profit or Loss and Other Comprehensive Income 44 綜合財務狀況表 Consolidated Statement of Financial Position 45 綜合權益變動表 Consolidate ...

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，並明確表示概不會就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。 ( 以港元列示 ) | | 附註 | 二零二五年 | | 二零二四年 | | --- | --- | --- | --- | --- | | | | 千元 | | 千元 | | 收入 | 3, 4 | 177,852 | | 238,435 | | 銷售成本及直接成本 | | (60,388) | | (71,473) | | 毛利 | | 117,464 | | 166,962 | | 其他收益淨額 | | 9,537 | | 3,807 | | 分銷成本 | | (79,695) | | (118,558) | | 行政及其他經營費用 | | (46,865) | | (54,520) | | 經營溢利/(虧損) | | 441 | | (2,309) | | 投資物業估值虧損 | 5(b) | (17,450) | | - | | 無形資產之減值虧損 | 5(b) | (5,000) | | - | ...

Financial Performance - For the twelve months ended September 30, 2024, the garments division reported segment revenue of $161,679,000, a decrease of 9.6% from $178,872,000 for the same period in 2023[7]. - The garments division achieved a reportable segment profit of $24,414,000, an increase of 4.1% compared to $23,459,000 in the previous year[7]. - The total comprehensive income for the period was $4,094,000, a significant improvement from a loss of $8,892,000 in the same period last year[24]. - The company reported a loss for the period of $(2,614,000), which is an improvement from a loss of $(7,934,000) in the previous year[24]. - Revenue for the six months ended September 30, 2024, was HK$88,524,000, a decrease of 16.9% from HK$106,574,000 in the same period of 2023[44]. - Gross profit for the period was HK$54,580,000, down from HK$76,513,000, reflecting a gross margin decline[44]. - Loss from operations was HK$1,204,000, an improvement compared to a loss of HK$5,838,000 in the previous year[44]. - Loss before taxation decreased to HK$2,534,000 from HK$7,572,000, indicating a reduction in overall losses[44]. - The Group reported a consolidated loss before taxation of HK$2,534,000 for the six months ended September 30, 2024, compared to a loss of HK$7,572,000 in the same period of 2023, indicating an improvement in performance[84]. - Basic loss per share for the period is $0.0126, based on a loss attributable to ordinary equity shareholders of $2,086,000, compared to a loss of $7,431,000 in 2023, with 165,864,000 ordinary shares in issue[101]. Cash Flow and Liquidity - Net cash generated from operating activities was HK$12,214,000, slightly down from HK$12,292,000 in the prior period[30]. - Net cash generated from investing activities was HK$3,488,000, a significant improvement from a cash outflow of HK$275,000 in the previous year[30]. - Cash and cash equivalents at the end of the period were HK$101,985,000, down from HK$108,832,000 at the end of the previous period[30]. - The company experienced a net decrease in cash and cash equivalents of HK$2,408,000, compared to a decrease of HK$7,494,000 in the prior period[30]. - Cash and cash equivalents totaled $101,985,000 as of September 30, 2024, slightly down from $103,397,000 on March 31, 2024[129]. - The Group's cash position reflects a stable liquidity situation despite minor fluctuations in cash and cash equivalents[129]. Assets and Liabilities - Non-current assets, including investment properties, totaled $199,172,000, an increase from $189,023,000 as of March 31, 2024[26]. - Current liabilities decreased slightly to $81,511,000 from $80,809,000 in the previous period[26]. - Total equity attributable to equity shareholders was $440,244,000, down from $452,208,000 as of March 31, 2024[26]. - Reportable segment assets as of September 30, 2024, totaled $833,933,000, a decrease from $858,559,000 as of March 31, 2024, representing a decline of approximately 2.9%[58]. - The reportable segment liabilities as of September 30, 2024, were $474,493,000, down from $505,676,000 as of March 31, 2024, indicating a reduction of approximately 6.2%[58]. - Trade receivables, net of loss allowance, totaled $22,035,000 as of September 30, 2024, compared to $14,334,000 as of March 31, 2024[107]. Dividends - The company declared a final dividend of 10 cents per ordinary share, amounting to $16,586,000, which was approved on September 27, 2024, and paid on October 23, 2024[70]. - The company did not declare or pay an interim dividend for the six-month period ended September 30, 2024, consistent with the previous year[70]. - The Group has resolved not to declare an interim dividend for the period ended September 30, 2024 (2023: Nil)[148]. Operational Insights - The average sales performance in the second half of the year was better than the first half, driven by increased product demand during the holiday season[15]. - The Group's garment sales division typically experiences higher sales in the second half of the year due to increased demand during the holiday season[87]. - The Group's strategic focus remains on expanding market presence and enhancing global partnerships to drive further success[148]. - The Group has implemented strategic adjustments to discount and promotion policies and optimized its product mix in response to evolving market conditions[171][195]. Taxation - The corporate income tax rate applicable to the Group's operations in Mainland China remains at 25% for the period[16]. - The corporate tax rate applicable to the Group's operations in Hong Kong remains at 16.5%, consistent with the previous year[91]. Inventory and Impairment - Inventory write-down during the period amounted to $1,811,000, compared to a reversal net of write-down of $1,365,000 in 2023, due to a decrease in estimated realizable value of certain garments[106]. - The inventory write-down was primarily due to changes in customer preferences affecting garment values[127]. Employee and Management - The Group employs approximately 200 staff and provides competitive remuneration, including medical benefits and retirement plan contributions[160]. - Key management personnel's emoluments for the period were $2,216,000, down from $2,555,000 in 2023[114]. - The Group had approximately 200 employees as of September 30, 2024, offering competitive remuneration packages and discretionary bonuses based on performance[179].