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 | | | 致：香港交易及結算所有限公司 公司名稱: 星光集團有限公司 呈交日期: 2025年9月2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) | 00403 | 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 (-) | | | | | | | 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 100,000,000 F ...

提名委員會 職權範圍 1. 成員 2. 秘書 * 僅供識別 1 (a) 提名委員會由星光集團有限公司（「本公司」）董事會（「董事會」）不時委任， 且由不少於五名成員（「成員」）組成，包括最少三位獨立非執行董事（「獨立非 執行董事」）及兩位執行董事∕非執行董事。 (b) 提名委員會的大部分成員須為獨立非執行董事。 (c) 提名委員會須有至少一名不同性別的董事。 (d) 提名委員會主席須為本公司董事會主席或獨立非執行董事。主席需要最少每兩年一 次退任主席職位，退任之主席可以膺選連任。 (a) 提名委員會之秘書須由公司秘書出任，或提名委員會可不時委任具備適當資格及經 驗之任何其他人士擔任提名委員會之秘書。 (b) 完整會議紀錄須由提名委員會之秘書備存。會議紀錄的初稿及最後定稿應在會議後 一段合理時間內先後發送委員會全體成員以供表達意見及作為紀錄之用。 (a) 至少每年檢討董事會的架構、人數及組成（包括技能、知識、經驗方面），協 助董事會編製董事會技能表，並就任何為配合本公司的策略而擬對董事會作 出的變動提出建議； 2 (a) 提名委員會每年須召開會議至少一次，若因工作需要，提名委員會應召開額外會議。 (b) 提名委 ...

投票表決結果 二零二五年八月二十七日舉行之股東週年大會 投票表決結果 星光集團有限公司董事會（「董事會」）欣然宣佈，本公司之股東週年大會已於二零二五年八 月二十七日星期三下午四時正假座香港九龍柯士甸道西一號環球貿易廣場香港麗思卡爾頓 酒店八樓碧玉廳舉行。於通告所載之各項決議案（「決議案」）均獲本公司股東以投票表決方 式通過。 各項決議案之投票表決結果如下： 茲提述星光集團有限公司（「本公司」）日期為二零二五年七月十八日之股東週年大會（「股 東週年大會」）通告（「該通告」），及日期為二零二五年七月十八日之通函（「該通函」）。除 文義另有所指外，本公告所用詞彙與該通函所界定者具有相同涵義。 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，並明確表示概不就因本公告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。 股東週年大會乃由執行董事兼董事會主席林光如先生擔任主席。本公司董事林光如先生、潘 國政先生、楊翠女士、陳裕光先生、譚競正先生及羅君美女士親身出席股東週年大會，黃偉 國先生、鍾治塘先生及郭琳廣先生, 銀紫荊星章，太平紳士 透 ...

S T A R L I T E HOLDINGS LIMITED 星 光 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） STOCK CODE 股份代號: 403 al de a INTELLIGENT MANUFACTURING · COEXISTENCE · SUSTAINABILITY *封面設計由AI智能繪圖結合 COVER DESIGN COMBINING AI DRAWING CB LIC 577 J ERING HEARTS, GATHERING STRENGTH, GATHERING ENERGY 聚焦韶關科藝！ 集韶關丶香港丶星馬丶廣州丶蘇州五地四廠團建活動 圓滿結束！ Focusing on Starlite Shaoguan! The team-building activities involving five locations: Shaoguan, Hong Kong, Singapore, Guangzhou, and Suzhou, have successfully co ...

受惠于全球通胀压力缓解及利率下调带动市场需求回升，使集团全年营收录得温和增长，然而下半年美 国大选後加征关税导致出口成本攀升，同时印刷行业竞争加剧引发内卷式价格竞争，严重压缩利润空 间，使集团年度录得亏损。於报告期间，全球商业环境面临多重结构性挑战，地缘政治冲突持续升级， 美中战略竞争深化，贸易壁垒进一步加剧，主要经济体推行"近岸外包"与"友岸外包"政策，全球供应链 重构进程加快，企业面临产业链重组带来的额外成本压力，而环球制造业采购经理指数持续在荣枯线附 近徘徊，反映终端市场购买力持续受压。此外，行业更出现产能过剩局面，竞争对手为维持市场份额发 起价格战，导致集团虽实现业务量增长，但整体毛利率同比下降，加上美国大选後实施的新一轮关税政 策，使集团对美国出口业务成本直接增加，成为拖累利润表现的关键因素。面对严峻的市场环境，本期 中国境内三个厂区及亚世安市场均受到不同程度冲击。广州厂区因成本上升由盈转亏而韶关厂区则保持 盈利。苏州厂区则因华东地区价格战加剧而录得亏损。亚世安市场同样受区域需求疲软影响，未能延续 去年盈利表现。 格隆汇6月27日丨星光集团(00403.HK)公布年度业绩，截至2025年3月31日止 ...

[Financial Statements](index=1&type=section&id=Financial%20Statements) [Consolidated Income Statement](index=1&type=section&id=Consolidated%20Income%20Statement) For the year ended March 31, 2025, the Group's revenue grew 7.3% to HKD 895.3 million, but increased costs led to a shift from a HKD 17.42 million profit to a HKD 26.93 million loss, resulting in a basic loss per share of 5.38 HK cents Consolidated Income Statement Summary | Metric | 2025 (HK$'000) | 2024 (HK$'000) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Revenue | 895,308 | 834,749 | +7.3% | | Gross Profit | 134,826 | 171,207 | -21.2% | | Operating (Loss) / Profit | (22,223) | 26,309 | Shifted from Profit to Loss | | (Loss) / Profit Attributable to Owners of the Company | (26,928) | 17,422 | Shifted from Profit to Loss | | Basic (Loss) / Earnings Per Share (HK cents) | (5.38) | 3.45 | Shifted from Profit to Loss | [Consolidated Statement of Comprehensive Income](index=3&type=section&id=Consolidated%20Comprehensive%20Income%20Statement) The total comprehensive loss for the year significantly widened to approximately **HKD 32.99 million** from **HKD 12.81 million** last year, mainly driven by operating losses and exchange differences Comprehensive Income (Loss) Summary | Metric | 2025 (HK$'000) | 2024 (HK$'000) | | :--- | :--- | :--- | | (Loss) / Profit for the Year | (27,344) | 16,992 | | Total Other Comprehensive Loss | (5,645) | (29,801) | | Total Comprehensive Loss for the Year | (32,989) | (12,809) | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's total assets slightly decreased to **HKD 842 million**, with total equity reducing to **HKD 580 million**, reflecting a minor contraction in overall financial scale despite a slight decrease in total liabilities Financial Position Summary | Metric | As of March 31, 2025 (HK$'000) | As of March 31, 2024 (HK$'000) | | :--- | :--- | :--- | | Total Assets | 842,010 | 891,439 | | Total Liabilities | 262,429 | 266,354 | | Total Equity | 579,581 | 625,085 | [Notes to Financial Statements](index=5&type=section&id=Notes%20to%20Financial%20Statements) [Revenue and Segment Information](index=8&type=section&id=Revenue%20and%20Segment%20Information) The Group's revenue primarily comes from packaging materials, labels, and paper products, with South China contributing most external revenue; however, all segments (South China, East China, Southeast Asia) recorded operating losses this year, a key factor in the Group's overall shift from profit to loss Segment Results by Region | Regional Segment | Revenue from External Customers (HK$'000) - 2025 | Operating (Loss) / Profit (HK$'000) - 2025 | Operating Profit (HK$'000) - 2024 | | :--- | :--- | :--- | :--- | | South China | 635,295 | (2,444) | 2,682 | | East China | 121,362 | (18,516) | 15,108 | | Southeast Asia | 138,651 | (1,263) | 8,519 | - The Group's principal activities are printing and manufacturing packaging materials, labels, and paper products, including environmentally friendly paper products[7](index=7&type=chunk) [Dividends](index=14&type=section&id=Dividends) To conserve resources, the Board recommends no final dividend for the year ended March 31, 2025, compared to 1.5 HK cents per share last year, while the interim dividend remains unchanged at **1 HK cent per share** Dividend Distribution | Dividend Type | 2025 | 2024 | | :--- | :--- | :--- | | Interim Dividend | 1 HK cent per share | 1 HK cent per share | | Proposed Final Dividend | None | 1.5 HK cents per share | [Trade Receivables and Payables](index=15&type=section&id=Trade%20Receivables%20and%20Payables) At period-end, total trade receivables remained stable with increased loss provisions, while trade payables significantly decreased, possibly indicating accelerated supplier payments or adjusted procurement scale - Net trade receivables were **HKD 172 million**, largely unchanged from the prior year, but loss provisions increased from **HKD 12.65 million** to **HKD 16.60 million**[30](index=30&type=chunk) - Total trade payables and notes decreased from **HKD 90.42 million** to **HKD 70.84 million**, a reduction of approximately **21.7%**[31](index=31&type=chunk) [Management Discussion and Analysis](index=16&type=section&id=Management%20Discussion%20and%20Analysis) [Performance Review](index=16&type=section&id=Performance%20Review) Despite moderate revenue growth, the Group shifted from profit to loss, primarily due to increased export costs from new US tariffs, intensified price competition, global supply chain restructuring, and suppressed end-market purchasing power - The Group recorded an annual loss of approximately **HKD 27 million**, compared to a profit of approximately **HKD 17 million** in the prior year[32](index=32&type=chunk) - Key factors contributing to the loss include new US tariff policies increasing export costs, industry overcapacity leading to price wars, and additional cost pressures from global supply chain restructuring[32](index=32&type=chunk)[33](index=33&type=chunk) [Business Review and Outlook](index=17&type=section&id=Business%20Review%20and%20Outlook) Facing a complex macro environment, the Group implemented various countermeasures, accelerating intelligent manufacturing and AI integration in mainland China, maintaining South China's competitiveness, expanding East China into new markets, and positioning Southeast Asia for significant growth due to supply chain shifts - South China Business: Advancing digital transformation and intelligent production system upgrades, with its eco-friendly brand **TEAM GREEN®** expanding market influence through diversified marketing strategies[42](index=42&type=chunk)[44](index=44&type=chunk) - East China Business: Revenue declined due to delayed greeting card orders impacted by US tariff policies; the team is actively exploring high-end pharmaceutical packaging, board games, and collectible card markets, and collaborating with the Chinese Academy of Sciences on a 'dark factory' demonstration project[45](index=45&type=chunk)[46](index=46&type=chunk) - Southeast Asia Business: Recorded a slight loss due to client project delays and rising costs, but is poised for significant growth opportunities in the new fiscal year, having proactively deployed capacity to accommodate order transfers benefiting from global supply chain restructuring[47](index=47&type=chunk)[49](index=49&type=chunk) [Liquidity and Financial Resources](index=22&type=section&id=Liquidity%20and%20Financial%20Resources) The Group maintains a robust financial position with approximately **HKD 199 million** in cash and bank balances, a net cash position of about **HKD 120 million**, and a healthy debt-to-equity ratio that slightly increased from **11%** to **13.6%** Financial Resources Metrics | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Cash and Bank Balances (HKD million) | 199 | - | | Net Cash Position (HKD million) | 120 | 149 | | Debt-to-Equity Ratio | 13.6% | 11.0% | [Future Outlook](index=24&type=section&id=Future%20Outlook) Given IMF's forecast of slowing global economic growth and escalating trade tensions, management will adhere to prudent operating principles, focusing on optimizing global resource allocation, enhancing operational agility, ensuring robust cash flow, and leveraging RCEP to strengthen Asia-Pacific operations - Facing an uncertain economic outlook, management will adopt prudent operating principles, focusing on enhancing operational agility, ensuring robust cash flow, and leveraging trade agreements like **RCEP** to strengthen Asia-Pacific business[59](index=59&type=chunk) [Corporate Governance and Other Information](index=25&type=section&id=Corporate%20Governance%20and%20Other%20Information) [Corporate Governance Practices](index=26&type=section&id=Corporate%20Governance%20Practices) The company complied with most Corporate Governance Code provisions, with a key deviation being the combined roles of Chairman and CEO held by Mr. Lam Kwong Yu, which the Board believes enhances strategy execution efficiency - There is a deviation from the Corporate Governance Code: the roles of Chairman and Chief Executive Officer are not segregated, both held by **Mr. Lam Kwong Yu**, which the Board believes enhances efficiency[66](index=66&type=chunk) [Shareholder Information](index=27&type=section&id=Shareholder%20Information) The company has set the Annual General Meeting date and the period for suspension of shareholder registration to determine eligible attendees and voters - The Annual General Meeting is scheduled for **Wednesday, August 27, 2025**[70](index=70&type=chunk) - Share transfer registration will be suspended from **August 22 to August 27, 2025** (both dates inclusive)[71](index=71&type=chunk)

Stock Options - The number of stock options granted under the 2022 stock option plan was 51,463,528 shares as of March 31, 2024[5] - The stock option plan is detailed on pages 31 to 33 of the 2024 annual report[5] Financial Reporting - The announcement serves as supplementary information to the 2024 annual report, which should be read in conjunction with it[5] - The announcement was made on May 27, 2025, regarding the financial year ending March 31, 2024[4] - The company emphasizes that all other information in the 2024 annual report remains unchanged[5] Corporate Governance - The board of directors includes executive directors Lin Guangru, Pan Guozheng, Huang Weiguo, and Zhong Zhitang, along with non-executive and independent non-executive directors[5] - The company reiterates its commitment to shareholder engagement and corporate governance[4] - The company is committed to transparency in its financial disclosures and governance practices[4] Responsibility and Accuracy - The company does not assume any responsibility for the accuracy or completeness of the announcement's content[1] - The announcement is part of the company's ongoing communication with stakeholders regarding its financial performance[4]

算力行业高景气持续彰显。 大有能源直线涨停 今天早盘低估值板块显著反弹，煤炭板块大涨超4%。其中，大有能源强势拉升，短短几分钟时间即封 上涨停，截至上午收盘，该股报3.36元/股，上涨10.16%，总市值80亿元。大有能源的涨停，带动了整 个煤炭板块的活跃，美锦能源涨停，晋控煤业涨超6%，陕西煤业、山煤国际等纷纷跟涨。 大有能源主要从事煤炭开采和销售业务，其产品包括优质长焰煤、焦煤、贫煤、洗精煤等，广泛应用于 发电、造气、工业锅炉、炼焦、建材等行业。然而，从其业绩数据来看，2024年1月至9月，大有能源实 现营业收入38.73亿元，同比减少15.28%；归母净利润亏损7.86亿元，同比减少494.88%。在业绩并不理 想的情况下，今日的涨停显得尤为引人注目。 市场分析人士认为，大有能源的涨停或许与煤炭板块的整体复苏有关。近期，随着经济的逐步回暖，工 业生产对煤炭的需求有所增加，煤炭价格也出现了一定程度的回升。此外，市场资金的流向也对煤炭板 块起到了推动作用。在当前市场环境下，部分资金寻求相对稳定的投资标的，而煤炭作为传统的资源行 业，具有一定的抗风险能力，吸引了部分资金的关注。 低估值资源股曝光，投资价值凸显 ...

Financial Performance - The Group reported a profit of approximately HK$7 million for the six months ended 30th September, 2024, an increase of about 6.1% compared to HK$6.6 million in the same period last year[3]. - Revenue for the Group was approximately HK$509 million, reflecting an 11% increase compared to the same period last year[3]. - The Group maintained its core profit level due to stable raw material prices, moderate business growth, and exchange gains from the depreciation of Renminbi[4]. - An interim dividend of HK1 cent per ordinary share has been recommended for the six months ended 30th September, 2024, consistent with the previous year[9]. - Profit for the period attributable to owners of the Company was HK$7,090,000, up from HK$6,647,000 in the previous year, representing a growth of 6.7%[105]. - Basic and diluted earnings per share increased to HK$1.45 from HK$1.36, marking a rise of 6.6%[105]. - Total comprehensive income for the period was HK$27,291,000, compared to a loss of HK$19,863,000 in 2023, indicating a significant turnaround[109]. - The Company reported a comprehensive income of HK$27,291,000 for the six months ended September 30, 2024, compared to a comprehensive loss of HK$19,863,000 for the same period in 2023[118]. Operational Highlights - The Guangzhou and Shaoguan plants in China experienced business growth and continued to record profits, while the Suzhou plant also contributed positively[5]. - The eastern China operation recorded an increase in revenue, although profit margins were affected by increased competition and consumption downgrading[14]. - The southern China operation remained profitable for the six months ended September 30, 2024, despite challenges in the global book market and geopolitical instability[18]. - The Shaoguan plant integrated hardware upgrades with intelligent management software, significantly improving production efficiency and on-time delivery rates[21]. - The eastern China region saw overall revenue growth due to improved performance in the greeting card business, driven by robust market consumption during the National Day holiday[27]. - The Group's frontline business team actively participated in domestic and international exhibitions to expand long-term business opportunities[16]. Innovation and Development - The Group obtained a total of 117 patents, including 21 invention patents, 91 utility model patents, and 5 design patents, enhancing its technological advantages[14]. - A total of nine utility and invention patents were obtained in the eastern China region, including innovations in robotic arm ballpoint machines and automated packaging solutions[27]. - The management team is developing a sponge adhesive machine for greeting card products in collaboration with the Chinese Academy of Sciences[27]. - The management team implemented cost reduction measures, achieving effective control over operating costs and enhancing profitability in the southern China operation[21]. - The Group is focusing on green production systems and low carbon development, adjusting its strategic direction in response to macroeconomic uncertainties[16]. Financial Position - The Group's cash and bank balances and short-term bank deposits amounted to approximately HK$168 million as of September 30, 2024[37]. - The working capital surplus increased to approximately HK$252 million as of September 30, 2024, compared to HK$244 million in the previous year[39]. - The Group's net cash position was approximately HK$123 million as of September 30, 2024, down from HK$158 million in 2023[39]. - The gearing ratio improved to 7% as of September 30, 2024, compared to 13% in the previous year[39]. - Current assets increased to HK$401,168,000 from HK$400,030,000, with inventories rising to HK$84,116,000 from HK$76,190,000[113]. - Total assets as of September 30, 2024, were HK$936,555,000, an increase from HK$891,439,000 as of March 31, 2024[113]. Shareholder Information - As of September 30, 2024, Mr. Lam Kwong Yu holds 202,962,677 shares, representing approximately 40.54% of the total shareholding[52]. - Ms. Yeung Chui has a total interest of 80,928,901 shares, which accounts for approximately 16.17% of the total shareholding[52]. - Dayspring Enterprises Limited, controlled by Ms. Yeung Chui, holds 1,012,901 shares in the Company[52]. - The total number of shares available for issue under the 2022 Share Option Scheme is 51,463,528, representing approximately 10% of the issued share capital as of the approval date and approximately 10.28% as of the interim report date[62]. Corporate Governance - The Company has complied with the Corporate Governance Code throughout the six months ended September 30, 2024, except for certain deviations regarding the roles of Chairman and Chief Executive Officer[89]. - All Directors confirmed compliance with the Model Code for Securities Transactions for the six months ended September 30, 2024[95]. - The Audit Committee reviewed the unaudited interim financial information for the six months ended September 30, 2024[80]. - The Remuneration Committee is responsible for recommending the remuneration policy for all Directors and senior management[82]. - The Nomination Committee regularly reviews the structure, size, and composition of the Board[84]. Market and Economic Outlook - Global growth is projected to remain stable at 3.2% for 2024 and 2025, with inflation expected to decrease from 6.7% in 2023 to 5.8% in 2024[31]. - The company is exempt from taxation in Bermuda until 2035, which may positively impact future profitability[164]. - The current income tax expense for Hong Kong profits tax decreased to HK$100,000 in 2024 from HK$728,000 in 2023, representing a reduction of approximately 86.3%[168].

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 508,622,000, representing an increase of 10.6% compared to HKD 459,712,000 for the same period in 2023[2] - Gross profit for the same period was HKD 90,901,000, up from HKD 88,567,000, indicating a growth of 2.5%[2] - The operating profit decreased to HKD 10,196,000 from HKD 11,919,000, reflecting a decline of 14.4% year-over-year[2] - Net profit for the period was HKD 7,090,000, compared to HKD 6,647,000 in the previous year, marking an increase of 6.7%[4] - Basic earnings per share for the period was HKD 1.45, up from HKD 1.36, which is a growth of 6.6%[4] - Revenue for the six months ended September 30, 2024, was HKD 508,622 thousand, an increase of 10.6% compared to HKD 459,712 thousand for the same period in 2023[13] - Operating profit for the group was HKD 10,196 thousand for the six months ended September 30, 2024, compared to HKD 11,919 thousand for the same period in 2023, reflecting a decrease of 14.4%[16] - The group reported a net foreign exchange gain of HKD 1,223 thousand for the six months ended September 30, 2024, compared to HKD 3,835 thousand in the same period of 2023[21] - The company recorded a profit of approximately HKD 7 million for the six months ended September 30, 2024, compared to a profit of approximately HKD 6.6 million for the same period last year, representing an increase of about 5.1%[38] - Revenue for the period was approximately HKD 509 million, an increase of about 11% compared to the same period last year[38] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 936,555,000, an increase from HKD 891,439,000 as of March 31, 2024[8] - The total liabilities increased to HKD 291,689,000 from HKD 266,354,000, indicating a rise of 9.5%[8] - The group’s total liabilities as of September 30, 2024, were HKD 291,689 thousand, an increase from HKD 266,354 thousand as of March 31, 2024[20] - As of September 30, 2024, the group reported cash and bank balances of approximately HKD 168 million, with a working capital surplus of approximately HKD 252 million[57][58] - The group's interest expenses decreased to approximately HKD 1.6 million from HKD 2.3 million in the same period last year[58] - The debt-to-equity ratio as of September 30, 2024, was 7%, down from 13% the previous year, indicating improved financial stability[58] - As of September 30, 2024, the group's net cash position was approximately HKD 123 million, compared to HKD 158 million the previous year[58] Dividends - The company declared a dividend of HKD 5,006,000, unchanged from the previous year[4] - The company proposed an interim dividend of HKD 0.01 per share for the six months ended September 30, 2024, consistent with the interim dividend of HKD 0.01 per share for the same period last year[41] - The company will suspend the registration of share transfers from January 7, 2025, to January 10, 2025, to ensure shareholders qualify for the interim dividend[74] Operational Highlights - The South China region generated revenue of HKD 378,349 thousand, accounting for approximately 74.3% of total group revenue for the six months ended September 30, 2024[16] - The group’s employee costs, including directors' remuneration, increased to HKD 160,294 thousand for the six months ended September 30, 2024, from HKD 147,552 thousand in 2023, representing an increase of 8.5%[23] - The company’s subsidiaries in China are subject to a corporate income tax rate of 25%[27] - The company’s subsidiaries in Singapore and Malaysia are subject to corporate income tax rates of 17% and 24%, respectively[27] - The company aims to enhance its R&D and innovation capabilities to improve productivity and promote sustainable development in the industry[39] - The company’s Guangzhou and Shaoguan plants showed improved performance and continued profitability during the reporting period[39] - The company achieved a total of 117 patents during the reporting period, including 21 invention patents, 91 utility model patents, and 5 design patents[43] - The South China business maintained profitability, with effective cost control and smart initiatives contributing to revenue growth[44] - The East China business saw revenue growth due to improved performance in the greeting card segment, driven by increased domestic consumption during the National Day holiday[51] - The company is actively developing new product lines under the environmentally friendly brand TEAM GREEN®, with significant growth in online sales channels and brand exposure[49] - The company has implemented a comprehensive digital management system in the Shaoguan factory, enhancing production efficiency and on-time delivery rates[48] - The company is focusing on diversifying its investment strategies and developing a green production system to adapt to macroeconomic uncertainties[45] - The company has received multiple awards, including the Golden Jubilee Hong Kong Excellent Brand Award from the Hong Kong Marketing Society[45] - The company is exploring artificial intelligence technologies to improve design, documentation, and production processes, enhancing operational efficiency[43] - The company has established strategic partnerships and is actively participating in international exhibitions to expand its business footprint[45] - The company has obtained a total of 9 utility and invention patents in the East China region during the first half of the year, including innovations in packaging and automation[51] - Southeast Asia business experienced a revenue decline due to project delays but still recorded profitability, with management confident of improvement in the second half of the year[52] Management and Strategy - The management is closely monitoring geopolitical risks and external economic factors, actively adopting measures to enhance automation and promote innovation[56] - The group has committed to continuous investment in human capital, digitalization, and green energy to overcome geopolitical pressures[56] - The group employs approximately 2,600 staff and maintains good relations with employees, offering reasonable compensation and various training programs[62] - The executive directors of the company include Mr. Lin Guangru, Mr. Tian Cheng, Mr. Pan Guozheng, and Mr. Huang Weiguo, with independent non-executive directors including Ms. Yang Cui and others[76] Economic Outlook - The International Monetary Fund (IMF) forecasts global growth rates of 3.2% for 2024 and 2025, with inflation rates expected to decline from 6.7% in 2023 to 5.8% in 2024[56]