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依賴該等內容而引致的任何損失承擔任何責任。 本公司在二零二五年十月十日（星期五）舉行之股東特別大會（「股東特別大會」）上， 本公司主席要求就股東特別大會通告所載決議案以按股數投票方式進行表決。黃 麗花女士親臨了股東特別大會，而黃志深先生、黃定幹先生、彭婉珊女士、張灼祥 先生、陳增武先生透過電子方式出席了股東特別大會。 於股東特別大會日期，已發行總股數為600,000,000股，為賦予持有人權利出席股東 特別大會並於會上就相關決議案表決之股份總數。根據上市規則第13.40條，賦予 持有人權利出席股東特別大會並於會上放棄表決贊成相關決議案之股份總數為零。 根據上市規則，概無股東須於股東特別大會放棄表決。已出席股東特別大會並有 權表決之股東或彼等之受委代表所持股份總數為327,334,688股，佔於股東特別大 會日期已發行股份總數約54.56%。 1 本公司的香港股份過戶登記分處聯合證券登記有限公司獲委任為於股東特別大會 負責點票之監票人。決議案獲正式 ...

公司名稱: 迅捷環球控股有限公司 呈交日期: 2025年10月3日 I. 法定/註冊股本變動 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 第 1 頁 共 10 頁 v 1.1.1 | 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) | 00540 | 說明 | 股份 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,200,000,000 | HKD | | 0.1 | HKD | | 120,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,200,000,000 | HKD | | 0.1 | H ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (Stock Code 股份代號：540) NOTIFICATION LETTER 通 知 信 函 Dear Non-registered Shareholder (Note 1) 各位非登記股東 （附註 1） ： 迅捷環球控股有限公司（「本公司」）下述文件已以中、英文版本編制及於本公司網站 (www.speedy-global.com) 及香港聯合交易所有限公司網站 (www.hkexnews.hk ) （統稱「相關網站」）刊載:- 若 閣下希望日後收取所有公司通訊（附註 2）於相關網站發佈的電郵通知，以代替收取通知信函印刷本，請透過香港中央結算有限公司（「香港結算」）向本公 司提供 閣下的電郵地址。倘若本公司未有從香港結算收到 閣下的電郵地址或所提供的電郵地址無效，本公司會將通知信函印刷本以郵寄方式寄往由香港結 算提供 閣下的地址。 , 19 September 2025 The following document(s) of Speedy Globa ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (Stock Code 股份代號：540) NOTIFICATION LETTER 通知信函 Dear Registered Shareholder(s), 19 September 2025 The following document(s) of Speedy Global Holdings Limited (the "Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.speedy-global.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively the "Websites"):- If you have not provided us with an email ad ...

（於開曼群島註冊成立之有限公司） （股份代號：540） 於二零二五年十月十日（星期五）上午十一時正 假座香港九龍新蒲崗太子道東698號寶光商業中心5樓501室舉行之 股東特別大會（或其任何續會）適用之代表委任表格 本人╱吾等 （附註1) 地址為 乃迅捷環球控股有限公司（「本公司」）股本中 每股面值0.10港元之股份 （附註2） 股之登記持有人，茲委任 （附註3） 大會主席， 或 日期： 簽署： 附註： 收集個人資料聲明 閣下是自願提供 閣下及 閣下受委代表的姓名及地址，以用於處理就本公司大會有關 閣下受委代表的任命及投票指示（「該等用途」）。我們可 能向為本公司提供行政、電腦及其他服務的代理人、承辦商或第三者服務供應商，以及其他獲法例授權而要求取得有關資料的人士或其他與上述所 列出的該等用途有關以及需要接收有關資料之人士提供 閣下及 閣下受委代表的姓名及地址。 閣下所提供 閣下及 閣下受委代表的姓名及地 址將就履行上述該等用途所需的期間保留。有關存取及╱或更正相關個人資料的要求可按照《個人資料（私隱）條例》提出，而有關要求均須以書面 郵寄至本公司╱聯合證券登記有限公司之上述地址。 1. 請用正楷填上全名及地址 ...

（於開曼群島註冊成立之有限公司） （股份代號：540） 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，概不就因本通告全部或任 何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 1 股東特別大會通告 茲通告迅捷環球控股有限公司（「本公司」）謹訂於二零二五年十月十日（星期五） 上午十一時正假座香港九龍新蒲崗太子道東698號寶光商業中心5樓501室舉行股東 特別大會（「股東特別大會」），藉以處理下列事項： 普通決議案 1. 考慮及批准委任信永中和（香港）會計師事務所有限公司為本公司核數師，其 任期直至本公司下屆股東週年大會結束為止，並授權本公司董事會釐定其薪酬。 承董事會命 迅捷環球控股有限公司 主席兼行政總裁 黃志深 香港，二零二五年九月十九日 附註： 1. 凡有權出席大會並於會上表決的股東均有權委任其他人士作為其受委代表，代其出席及以 按股數投票表決方式投票。持有兩股或以上股份的股東可委任多於一名受委代表代表其本人， 並於進行按股數投票表決時代其表決。受委代表毋須為本公司股東。 2. 代表委任表格連同簽署表格的授權書或其他 ...

（於開曼群島註冊成立之有限公司） （股份代號：540） 建議委任核數師 及 股東特別大會通告 本公司謹訂於二零二五年十月十日（星期五）上午十一時正假座香港九龍新蒲崗太子 道東698號寶光商業中心5樓501室舉行股東特別大會（「股東特別大會」），召開大會之 通告載於本通函第6至7頁。本通函隨附股東特別大會適用之代表委任表格。 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 閣下之股票經紀或 其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有迅捷環球控股有限公司股份，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、股票經紀或其他代理商， 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，並明確表示概不就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之任何損失承擔任何責任。 無論 閣下能否出席股東特別大會，務請將隨附之代表委任表格按其印列之指示填妥、 簽署及盡快且無論如何最遲須於股東特別大會指定舉行時間48小時前（即二零二五 ...

[Financial Summary](index=3&type=section&id=%E8%B2%A1%E5%8B%99%E6%91%98%E8%A6%81) The company experienced a significant decline in revenue and profit for the six months ended June 30, 2025, despite a slight improvement in gross margin and strengthened liquidity Financial Summary for the Six Months Ended June 30, 2025 | Metric | 2025 (HK$ million) | 2024 (HK$ million) | Change | | :--- | :--- | :--- | :--- | | **Income Statement:** | | | | | Revenue | 157.4 | 281.9 | -44.2% | | Gross Profit | 17.8 | 30.4 | -41.5% | | Gross Profit Margin | 11.3% | 10.8% | +0.5% | | Profit for the period attributable to owners of the Company | 2.6 | 5.3 | -51.0% | | Net Profit Margin attributable to owners of the Company | 1.7% | 1.9% | -0.2% | | Basic and diluted earnings per share (HK$) | 0.0044 | 0.0088 | -50.0% | | **Financial Position (period-end):** | | | | | Net current assets | 86.2 | 83.0 | +3.9% | | Total Assets | 176.5 | 283.3 | -37.7% | | Borrowings | 5.0 | 21.2 | -76.4% | | Total Liabilities | 87.5 | 197.2 | -55.6% | | Equity attributable to owners of the Company | 88.9 | 86.1 | +3.3% | | **Financial Ratios:** | | | | | Current Ratio | 2.0 | 1.4 | +42.9% | | Inventory turnover days (days) | 86 | 38 | +126.3% | | Trade receivables turnover days (days) | 76 | 40 | +90.0% | | Trade payables turnover days (days) | 102 | 51 | +100.0% | [Company Information](index=4&type=section&id=%E5%85%AC%E5%8F%B8%E8%B3%87%E6%96%99) This section provides an overview of the company's governance structure, contact details, and listing information [Board of Directors and Committees](index=4&type=section&id=%E8%91%A3%E4%BA%8B%E6%9C%83%E5%8F%8A%E5%A7%94%E5%93%A1%E6%9C%83) Details the company's executive and independent non-executive directors, along with members and chairpersons of its key committees - Executive Directors include **Wong Chi Sum (Chairman)** and **Wong Lai Fa**. Independent Non-executive Directors are **Wong Ting Kan**, **Pang Yuen Shan**, **Cheung Cheuk Cheung**, and **Chan Tsang Mo**[8](index=8&type=chunk) - The Audit Committee is chaired by **Wong Ting Kan**, the Nomination Committee by **Cheung Cheuk Cheung**, the Remuneration Committee by **Pang Yuen Shan**, and the Conflict of Interest Committee by **Wong Ting Kan**[9](index=9&type=chunk) [Company Contact and Registration Information](index=5&type=section&id=%E5%85%AC%E5%8F%B8%E8%81%AF%E7%B5%A1%E5%8F%8A%E8%A8%BB%E5%86%8A%E4%BF%A1%E6%81%AF) Provides details on the company's authorized representatives, auditor, legal counsel, registered office, principal places of business, and principal bankers - Authorized representatives are **Mr. Wong Chi Sum** and **Ms. Wong Lai Fa**[11](index=11&type=chunk) - The auditor is **PricewaterhouseCoopers**, and legal counsel is **DeHeng Law Offices (Hong Kong) LLP**[11](index=11&type=chunk) - Principal bankers include **Hang Seng Bank**, **Bank of China (Hong Kong)**, and **HSBC**[13](index=13&type=chunk) [Share and Listing Information](index=6&type=section&id=%E8%82%A1%E4%BB%BD%E5%8F%8A%E4%B8%8A%E5%B8%82%E4%BF%A1%E6%81%AF) Discloses the company's share registrar, listing venue (Hong Kong Stock Exchange), stock code (540), and corporate website - The company is listed on **The Stock Exchange of Hong Kong Limited** under stock code **540**[14](index=14&type=chunk) - The company's website is **www.speedy-global.com**[14](index=14&type=chunk) [Management Discussion and Analysis](index=7&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) This section provides an in-depth review of the company's financial performance, position, liquidity, and future outlook for the reporting period [Financial Review](index=7&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) Revenue significantly decreased by 44.2% to HK$157.4 million due to reduced customer orders, while gross margin slightly improved to 11.3% through cost control Financial Performance for the Six Months Ended June 30, 2025 | Metric | 2025 (HK$ million) | 2024 (HK$ million) | Change | | :--- | :--- | :--- | :--- | | Revenue | 157.4 | 281.9 | -44.2% | | Gross Profit | 17.8 | 30.4 | -41.5% | | Gross Profit Margin | 11.3% | 10.8% | +0.5% | | Profit for the period attributable to owners of the Company | 2.6 | 5.3 | -51.0% | | Selling and marketing expenses | 0.4 | 0.47 | -14.5% | | Administrative expenses | 13.4 | 23.87 | -43.8% | | Other losses – net | 0.7 | 0.5 | +40.0% | | Finance income | 0.7 | 0.998 | -27.4% | | Finance costs | 0.8 | 1.994 | -59.5% | | Income tax expense | 1.2 | 1.2 | 0.0% | - The decrease in revenue was primarily due to reduced sales orders from certain existing customers[16](index=16&type=chunk)[20](index=20&type=chunk) - The increase in gross profit margin was mainly attributable to effective cost control measures implemented during 2025[17](index=17&type=chunk)[21](index=21&type=chunk) - The reduction in administrative expenses was mainly due to decreased entertainment expenses and donations, along with a reduction in employee headcount and other administrative expenses following the **disposal of the Cambodian factory in 2024**[19](index=19&type=chunk)[23](index=23&type=chunk) [Financial Position Analysis](index=8&type=section&id=%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E5%88%86%E6%9E%90) Inventory, trade receivables, and trade payables decreased, reflecting lower sales and purchases, while turnover days for inventory and receivables significantly increased Key Financial Position Metrics as at June 30, 2025 | Metric | June 30, 2025 (HK$ million) | December 31, 2024 (HK$ million) | Change | | :--- | :--- | :--- | :--- | | Inventory | 56.1 | 75.9 | -26.1% | | Inventory turnover days (days) | 86 | 38 | +126.3% | | Trade receivables | 43.1 | 91.8 | -53.1% | | Trade receivables turnover days (days) | 76 | 40 | +90.0% | | Trade payables | 63.2 | 93.6 | -32.5% | | Trade payables turnover days (days) | 102 | 51 | +100.0% | | Bank borrowings | 5.0 | 76.0 | -93.4% | - Inventory turnover days increased to **86 days**, primarily due to customers' production and delivery schedules being adjusted from the first half to the second half of 2025[28](index=28&type=chunk)[33](index=33&type=chunk) - The decrease in trade receivables is consistent with the reduction in revenue, while the decrease in trade payables is mainly due to lower procurement volumes[29](index=29&type=chunk)[34](index=34&type=chunk)[36](index=36&type=chunk)[40](index=40&type=chunk) - Bank borrowings significantly decreased, with approximately **HK$0.6 million** repayable within one year and the remainder repayable in installments[37](index=37&type=chunk)[42](index=42&type=chunk) [Liquidity and Financial Policies](index=9&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%8F%8A%E8%B2%A1%E5%8B%99%E6%94%BF%E7%AD%96) The group maintained a sound liquidity position with sufficient cash and cash equivalents, improving its current ratio from 1.4 to 2.0 Liquidity Position as at June 30, 2025 | Metric | June 30, 2025 (HK$ million) | December 31, 2024 (HK$ million) | | :--- | :--- | :--- | | Cash and cash equivalents | 59.6 | 87.342 | | Current Ratio | 2.0 | 1.4 | - The Group maintained a sound liquidity position, with working capital provided by internal resources and bank borrowings[38](index=38&type=chunk)[43](index=43&type=chunk) - The company adopted a prudent financial management strategy, mitigating credit risk by continuously assessing customer creditworthiness[44](index=44&type=chunk)[45](index=45&type=chunk) - No financial instruments were used to hedge foreign currency risk during the reporting period, with no significant changes in capital structure or material capital commitments[46](index=46&type=chunk)[47](index=47&type=chunk)[48](index=48&type=chunk)[51](index=51&type=chunk)[52](index=52&type=chunk)[53](index=53&type=chunk) [Employee Information](index=11&type=section&id=%E5%83%B1%E5%93%A1%E8%B3%87%E6%96%99) As of June 30, 2025, the group had 139 employees with total staff costs significantly reduced due to the 2024 Cambodian factory disposal Employee Information for the Six Months Ended June 30, 2025 | Metric | June 30, 2025 | Same period in 2024 | | :--- | :--- | :--- | | Total employees | 139 persons | Not applicable | | Total staff costs | HK$14.6 million | HK$30.8 million | - The decrease in employee headcount and staff costs was primarily due to the **disposal of the Cambodian factory in 2024**[54](index=54&type=chunk)[56](index=56&type=chunk) - The company has an employee share option scheme to incentivize or reward contributors to the Group, but no share options were granted, cancelled, or lapsed during the reporting period[55](index=55&type=chunk)[59](index=59&type=chunk)[60](index=60&type=chunk)[65](index=65&type=chunk) [Investments and Future Plans](index=12&type=section&id=%E6%8A%95%E8%B3%87%E5%8F%8A%E6%9C%AA%E4%BE%86%E8%A8%88%E5%8A%83) The group held no significant investments or future capital plans, and will focus on product innovation, operational efficiency, and cost reduction - As at June 30, 2025, the Group held no significant investments in equity interests of other companies and had no material plans for future investments or capital assets[61](index=61&type=chunk)[62](index=62&type=chunk)[66](index=66&type=chunk)[67](index=67&type=chunk) - No material acquisitions or disposals of subsidiaries, associates, or joint ventures occurred during the reporting period, nor were there any asset pledges or significant contingent liabilities[69](index=69&type=chunk)[70](index=70&type=chunk)[71](index=71&type=chunk)[75](index=75&type=chunk)[76](index=76&type=chunk)[77](index=77&type=chunk) - Looking ahead to the second half of 2025, the Group will enhance product innovation and creativity, improve operational efficiency by streamlining production processes, collaborate closely with customers for integrated production and better material prices, and simplify its organizational structure to save costs[74](index=74&type=chunk)[80](index=80&type=chunk)[81](index=81&type=chunk) [Condensed Consolidated Statement of Comprehensive Income](index=14&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E5%85%A8%E9%9D%A2%E6%94%B6%E7%9B%8A%E8%A1%A8) This statement presents the group's financial performance, including revenue, expenses, and profit for the six months ended June 30, 2025 Condensed Consolidated Statement of Comprehensive Income (For the Six Months Ended June 30, 2025) | Metric | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Revenue | 157,420 | 281,856 | | Cost of sales | (139,646) | (251,505) | | Gross Profit | 17,774 | 30,351 | | Selling and marketing expenses | (365) | (427) | | Administrative expenses | (13,408) | (23,867) | | Other income | 501 | 1,873 | | Other losses – net | (651) | (475) | | Operating profit | 3,851 | 7,455 | | Finance income | 725 | 998 | | Finance costs | (807) | (1,994) | | Net finance costs | (82) | (996) | | Profit before income tax | 3,769 | 6,459 | | Income tax expense | (1,151) | (1,186) | | Profit for the period attributable to owners of the Company | 2,618 | 5,273 | | Exchange differences | 201 | (184) | | Total comprehensive income for the period attributable to owners of the Company | 2,819 | 5,089 | [Condensed Consolidated Statement of Financial Position](index=15&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8) This statement outlines the group's assets, liabilities, and equity as of June 30, 2025, reflecting its financial health Condensed Consolidated Statement of Financial Position (As at June 30, 2025) | Metric | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | **Assets** | | | | Non-current assets | 4,240 | 4,600 | | Current assets | 172,218 | 278,710 | | **Total Assets** | **176,458** | **283,310** | | **Equity** | | | | Share capital | 60,000 | 60,000 | | Share premium | 53,441 | 53,441 | | Other reserves | 15,277 | 15,076 | | Accumulated losses | (39,781) | (42,399) | | **Total Equity** | **88,937** | **86,118** | | **Liabilities** | | | | Non-current liabilities | 1,477 | 1,462 | | Current liabilities | 86,044 | 195,730 | | **Total Liabilities** | **87,521** | **197,192** | | **Total Equity and Liabilities** | **176,458** | **283,310** | [Condensed Consolidated Statement of Changes in Equity](index=17&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E6%AC%8A%E7%9B%8A%E8%AE%8A%E5%8B%95%E8%A1%A8) This statement details the changes in the group's equity components for the six months ended June 30, 2025 Condensed Consolidated Statement of Changes in Equity (For the Six Months Ended June 30, 2025) | Item | Share Capital (HK$ '000) | Share Premium (HK$ '000) | Other Reserves (HK$ '000) | Retained Earnings (HK$ '000) | Total Equity (HK$ '000) | | :--- | :--- | :--- | :--- | :--- | :--- | | January 1, 2024 (audited) | 60,000 | 53,441 | 14,150 | (58,056) | 69,535 | | Profit for the period | – | – | – | 5,273 | 5,273 | | Exchange differences | – | – | (184) | – | (184) | | June 30, 2024 (unaudited) | 60,000 | 53,441 | 13,966 | (52,783) | 74,624 | | January 1, 2025 (audited) | 60,000 | 53,441 | 15,076 | (42,399) | 86,118 | | Profit for the period | – | – | – | 2,618 | 2,618 | | Exchange differences | – | – | 201 | – | 201 | | June 30, 2025 (unaudited) | 60,000 | 53,441 | 15,277 | (39,781) | 88,937 | [Condensed Consolidated Statement of Cash Flows](index=18&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E7%8F%BE%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) This statement presents the cash inflows and outflows from operating, investing, and financing activities for the six months ended June 30, 2025 Condensed Consolidated Statement of Cash Flows (For the Six Months Ended June 30, 2025) | Metric | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Net cash from/(used in) operating activities | 42,303 | (21,098) | | Net cash from investing activities | 725 | 1,284 | | Net cash used in financing activities | (71,024) | (2,792) | | Net decrease in cash and cash equivalents | (27,996) | (22,606) | | Cash and cash equivalents at beginning of period | 87,342 | 127,115 | | Exchange gain/(loss) on cash and cash equivalents | 261 | (212) | | Cash and cash equivalents at end of period | 59,607 | 104,297 | [Notes to the Unaudited Condensed Consolidated Interim Financial Statements](index=19&type=section&id=%E6%9C%AA%E7%B6%93%E5%AF%A9%E6%A0%B8%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E4%B8%AD%E6%9C%9F%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8%E9%99%84%E8%A8%BB) This section provides explanatory notes and additional details to the unaudited condensed consolidated interim financial statements [General Information](index=19&type=section&id=%E4%B8%80%E8%88%AC%E8%B3%87%E6%96%99) The company, incorporated in the Cayman Islands, primarily engages in apparel supply chain services, with Sky Halo Holdings Limited as its ultimate holding company - The company was incorporated as an exempted company in the Cayman Islands on **September 28, 2011**[95](index=95&type=chunk)[99](index=99&type=chunk) - The Group primarily engages in apparel supply chain services, offering woven, cut-and-sewn knit, and sweater knit products[95](index=95&type=chunk)[100](index=100&type=chunk) - The Group's immediate and ultimate holding company is **Sky Halo Holdings Limited ("Sky Halo")**[95](index=95&type=chunk)[99](index=99&type=chunk) [Basis of Preparation](index=19&type=section&id=%E7%B7%A8%E8%A3%BD%E5%9F%BA%E6%BA%96) The condensed consolidated interim financial statements are prepared in accordance with HKAS 34 and should be read in conjunction with the 2024 annual financial statements - The financial statements are prepared in accordance with **Hong Kong Accounting Standard 34 "Interim Financial Reporting"**[96](index=96&type=chunk)[101](index=101&type=chunk) - They should be read in conjunction with the annual financial statements for the year ended **December 31, 2024**[96](index=96&type=chunk)[101](index=101&type=chunk) [Accounting Policies](index=19&type=section&id=%E6%9C%83%E8%A8%88%E6%94%BF%E7%AD%96) Applied accounting policies are consistent with 2024 annual financial statements, with new standards adopted having no significant impact, and future standards not expected to cause material changes - Hong Kong Accounting Standard 21 and Hong Kong Financial Reporting Standard 1 (Amendment) "Lack of Exchangeability" were adopted during the reporting period, but did not result in significant changes to policies or financial performance[98](index=98&type=chunk)[103](index=103&type=chunk) - Several new and amended standards issued but not yet effective, including **HKFRS 9 & 7**, **HKFRS 1, 7, 9, 10 & HKAS 7**, **HKFRS 18**, **Hong Kong Interpretation 5**, and **HKFRS 19**, are not expected to have a significant impact on the Group's financial performance[106](index=106&type=chunk) [Estimates](index=21&type=section&id=%E4%BC%B0%E8%A8%88) The preparation of interim financial statements involves management judgments, estimates, and assumptions, consistent with those applied in the 2024 annual financial statements - The preparation of financial statements involves management judgments, estimates, and assumptions, where actual results may differ from these estimates[107](index=107&type=chunk)[109](index=109&type=chunk) - The significant judgments and sources of estimation uncertainty are consistent with those applied in the **2024 annual consolidated financial statements**[107](index=107&type=chunk)[110](index=110&type=chunk) [Financial Risk Management](index=21&type=section&id=%E8%B2%A1%E5%8B%99%E9%A2%A8%E9%9A%AA%E7%AE%A1%E7%90%86) The group's operations are exposed to market, credit, and liquidity risks, with financial risk management information to be read with the 2024 annual financial statements - The Group is exposed to market risks (foreign exchange, interest rate), credit risk, and liquidity risk in its operations[108](index=108&type=chunk)[111](index=111&type=chunk) - The financial risk management information in this interim report should be read in conjunction with the **2024 annual financial statements**[108](index=108&type=chunk)[111](index=111&type=chunk) [Revenue and Segment Information](index=22&type=section&id=%E6%94%B6%E7%9B%8A%E5%8F%8A%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) Revenue is recognized upon product transfer and assured collection, primarily from apparel supply chain services, with management reviewing it as a single operating segment - The Group's revenue primarily derives from apparel supply chain services, recognized upon product delivery and assured collection[112](index=112&type=chunk)[113](index=113&type=chunk) Major Customer Revenue Contribution (For the Six Months Ended June 30, 2025) | Customer | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Customer A | 133,371 | 156,810 | | Customer B | 1,150 | 85,712 | - Management reviews the business as a single operating segment due to consistent service nature, customer types, and service delivery methods across different regions[116](index=116&type=chunk)[119](index=119&type=chunk) [Operating Profit](index=23&type=section&id=%E7%B6%93%E7%87%9F%E6%BA%A2%E5%88%A9) Profit before tax is derived after deducting depreciation, amortization, employee benefits, and rental expenses, all of which significantly decreased year-on-year Key Deductions for Operating Profit (For the Six Months Ended June 30, 2025) | Item | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Depreciation and amortization | 304 | 1,655 | | Employee benefit expenses | 14,582 | 30,742 | | Rental expenses | 2,163 | 4,102 | [Finance Income and Finance Costs](index=23&type=section&id=%E8%B2%A1%E5%8B%99%E6%94%B6%E5%85%A5%E5%8F%8A%E8%9E%8D%E8%B3%87%E6%88%90%E6%9C%AC) Net finance costs were HK$0.082 million, with finance costs from bank borrowings significantly decreasing and finance income from short-term deposits also declining Finance Income and Finance Costs (For the Six Months Ended June 30, 2025) | Item | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Interest expense on bank borrowings | (807) | (1,986) | | Lease liabilities | – | (8) | | Interest income from short-term bank deposits | 725 | 998 | | Net finance costs | (82) | (996) | [Income Tax Expense](index=24&type=section&id=%E6%89%80%E5%BE%97%E7%A8%85%E9%96%8B%E6%94%AF) Total income tax expense was HK$1.151 million, consistent with the prior period, with Hong Kong profits tax unprovided due to tax losses and China CIT at 25% Income Tax Expense (For the Six Months Ended June 30, 2025) | Item | 2025 (HK$ '000) | 2024 (HK$ '000) | | :--- | :--- | :--- | | Hong Kong profits tax | (4) | 610 | | China Corporate Income Tax ("CIT") | (1,147) | (1,796) | | Total income tax expense | (1,151) | (1,186) | - No provision for Hong Kong profits tax was made as relevant group companies incurred tax losses[129](index=129&type=chunk)[132](index=132&type=chunk) - China Corporate Income Tax is provided at a rate of **25%**, with withholding tax provided at **5%** for dividends from Chinese subsidiaries[127](index=127&type=chunk)[130](index=130&type=chunk)[131](index=131&type=chunk)[132](index=132&type=chunk) [Basic and Diluted Earnings Per Share](index=25&type=section&id=%E6%AF%8F%E8%82%A1%E5%9F%BA%E6%9C%AC%E5%8F%8A%E6%94%A4%E8%96%84%E6%BA%A2%E5%88%A9) Basic and diluted earnings per share for the six months ended June 30, 2025, decreased to HK$0.0044 from HK$0.0088 in the prior period Basic and Diluted Earnings Per Share (For the Six Months Ended June 30, 2025) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Profit for the period attributable to owners of the Company (HK$ '000) | 2,618 | 5,273 | | Weighted average number of ordinary shares in issue | 600,000,000 | 600,000,000 | | Basic and diluted earnings per share (HK$) | 0.0044 | 0.0088 | - The company had no outstanding potential dilutive ordinary shares during the reporting period, thus diluted earnings per share are identical to basic earnings per share[135](index=135&type=chunk)[138](index=138&type=chunk) [Dividends](index=25&type=section&id=%E8%82%A1%E6%81%AF) The Board of Directors resolved not to declare an interim dividend for the six months ended June 30, 2025 - The Board of Directors resolved not to declare an interim dividend for the six months ended **June 30, 2025**[137](index=137&type=chunk)[139](index=139&type=chunk) [Trade and Other Receivables](index=25&type=section&id=%E6%87%89%E6%94%B6%E8%B3%A3%E6%AC%BE%E5%8F%8A%E5%85%B6%E4%BB%96%E6%87%89%E6%94%B6%E6%AC%BE%E9%A0%85) Total trade and other receivables significantly decreased to HK$48.693 million as of June 30, 2025, reflecting a substantial reduction from the prior year-end Trade and Other Receivables (As at June 30, 2025) | Item | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | Trade receivables | 43,077 | 91,794 | | Other receivables | 5,616 | 13,809 | | Less: Impairment allowance – trade receivables | – | (841) | | **Total** | **48,693** | **104,762** | Ageing Analysis of Trade Receivables (As at June 30, 2025) | Ageing | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | 0 to 30 days | 17,317 | 46,239 | | 31 to 90 days | 25,417 | 40,625 | | 91 to 180 days | 49 | 4,750 | | Over 180 days | 294 | 180 | - The Group generally grants credit terms of **30 to 90 days** to customers in its apparel supply chain services business[35](index=35&type=chunk)[142](index=142&type=chunk) [Trade and Other Payables](index=26&type=section&id=%E6%87%89%E4%BB%98%E8%B3%A3%E6%AC%BE%E5%8F%8A%E5%85%B6%E4%BB%96%E6%87%89%E4%BB%98%E6%AC%BE%E9%A0%85) Total trade and other payables decreased to HK$74.33 million as of June 30, 2025, primarily due to reduced procurement volumes Trade and Other Payables (As at June 30, 2025) | Item | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | Trade payables – amounts due to third parties | 63,178 | 93,582 | | Accrued wages | 8,205 | 11,220 | | Other payables | 1,705 | 3,872 | | Other tax payables | 1,242 | 1,168 | | **Total** | **74,330** | **109,842** | Ageing Analysis of Trade Payables (As at June 30, 2025) | Ageing | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | 0 to 30 days | 33,982 | 32,098 | | 31 to 90 days | 25,281 | 55,126 | | 91 to 180 days | 256 | 1,227 | | Over 180 days | 3,659 | 5,131 | - The decrease in trade payables balance was mainly due to reduced purchases from suppliers for the six months ended **June 30, 2025**[36](index=36&type=chunk)[40](index=40&type=chunk) - Credit terms granted by the Group's major suppliers range from **30 to 90 days**[145](index=145&type=chunk) [Share Capital and Share Premium](index=27&type=section&id=%E8%82%A1%E6%9C%AC%E5%8F%8A%E8%82%A1%E4%BB%BD%E6%BA%A2%E5%83%B9) As of June 30, 2025, the company's issued and fully paid ordinary shares remained at 600 million, with total share capital and share premium unchanged at HK$113.441 million Share Capital and Share Premium (As at June 30, 2025) | Item | Number of Ordinary Shares | Ordinary Shares (HK$ '000) | Share Premium (HK$ '000) | Total (HK$ '000) | | :--- | :--- | :--- | :--- | :--- | | December 31, 2024 | 600,000,000 | 60,000 | 53,441 | 113,441 | | June 30, 2025 | 600,000,000 | 60,000 | 53,441 | 113,441 | - As at June 30, 2025, the total authorized ordinary shares were **1.2 billion** with a par value of **HK$0.1** per share[148](index=148&type=chunk)[149](index=149&type=chunk) [Other Reserves](index=28&type=section&id=%E5%85%B6%E4%BB%96%E5%84%B2%E5%82%99) Total other reserves increased slightly to HK$15.277 million as of June 30, 2025, primarily due to exchange differences Movement in Other Reserves (As at June 30, 2025) | Item | Exchange Reserve (HK$ '000) | Statutory Reserve (HK$ '000) | Merger Reserve (HK$ '000) | Capital Reserve (HK$ '000) | Total Reserves (HK$ '000) | | :--- | :--- | :--- | :--- | :--- | :--- | | January 1, 2025 (audited) | (5,783) | 14,030 | 2,957 | 3,872 | 15,076 | | Exchange differences | 201 | – | – | – | – | | June 30, 2025 (unaudited) | (5,582) | 14,030 | 2,957 | 3,872 | 15,277 | [Bank Borrowings](index=28&type=section&id=%E9%8A%80%E8%A1%8C%E5%80%9F%E8%B2%B8) Total bank borrowings significantly decreased to HK$5.028 million as of June 30, 2025, with repayment schedules across various periods Bank Borrowings Repayment Schedule (As at June 30, 2025) | Repayment Period | June 30, 2025 (HK$ '000) | December 31, 2024 (HK$ '000) | | :--- | :--- | :--- | | Within one year | 626 | 16,446 | | Between one and two years | 646 | 636 | | Between two and five years | 2,058 | 2,027 | | Over five years | 1,698 | 2,054 | | **Total** | **5,028** | **21,163** | - All bank borrowings are provided by Hong Kong banks, bear interest at floating rates, and are subject to repayment on demand clauses[37](index=37&type=chunk)[42](index=42&type=chunk) [Other Information](index=29&type=section&id=%E5%85%B6%E4%BB%96%E8%B3%87%E6%96%99) This section covers various disclosures including securities transactions, directors' and major shareholders' interests, corporate governance, and audit committee review [Purchase, Sale or Redemption of the Company's Listed Securities](index=29&type=section&id=%E8%B3%BC%E8%B2%B7%E3%80%81%E5%87%BA%E5%94%AE%E6%88%96%E8%B4%96%E5%9B%9E%E6%9C%AC%E5%85%AC%E5%8F%B8%E4%B8%8A%E5%B8%82%E8%AD%89%E5%88%B8) Neither the company nor its subsidiaries purchased, sold, or redeemed any listed securities during the reporting period, and no treasury shares were held - During the reporting period, neither the company nor its subsidiaries purchased, sold, or redeemed any listed securities[155](index=155&type=chunk)[156](index=156&type=chunk) - As at June 30, 2025, the company held no treasury shares[155](index=155&type=chunk)[156](index=156&type=chunk) [Directors' and Chief Executive's Interests and Short Positions in Shares, Underlying Shares and Debentures](index=29&type=section&id=%E8%91%A3%E4%BA%8B%E5%8F%8A%E6%9C%80%E9%AB%98%E8%A1%8C%E6%94%BF%E4%BA%BA%E5%93%A1%E6%96%BC%E8%82%A1%E4%BB%BD%E3%80%81%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E5%8F%8A%E5%82%B5%E6%AC%8A%E8%AD%89%E7%9A%84%E6%AC%8A%E7%9B%8A%E6%88%96%E6%B7%A1%E5%80%89) Executive Director Mr. Wong Chi Sum held 54.54% of the company's shares through Sky Halo Holdings Limited, with Ms. Wong Lai Fa holding 0.02% Directors' Interests in the Company's Shares (As at June 30, 2025) | Name of Director | Capacity/Nature of Interest | Number and Class of Securities | Approximate Percentage of Shareholding | | :--- | :--- | :--- | :--- | | Mr. Wong Chi Sum | Interest in controlled corporation | 327,242,688 ordinary shares (L) | 54.54% | | Ms. Wong Lai Fa | Beneficial owner | 92,000 ordinary shares (L) | 0.02% | - Mr. Wong Chi Sum wholly owns **10,000 ordinary shares** of Sky Halo Holdings Limited, representing **100%** equity interest[164](index=164&type=chunk) - Save as disclosed, no other interests or short positions in shares or debentures of the company were held by directors and chief executives as required by the Securities and Futures Ordinance[166](index=166&type=chunk)[167](index=167&type=chunk) [Substantial Shareholders' Interests and/or Short Positions in the Company's Shares and Underlying Shares](index=31&type=section&id=%E4%B8%BB%E8%A6%81%E8%82%A1%E6%9D%B1%E6%96%BC%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%82%A1%E4%BB%BD%E5%8F%8A%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E4%B8%AD%E7%9A%84%E6%AC%8A%E7%9B%8A%E5%8F%8A%E2%88%95%E6%88%96%E6%B7%A1%E5%80%89) As of June 30, 2025, Sky Halo Holdings Limited held 54.54% of the company's shares, with other substantial shareholders also disclosed Substantial Shareholders' Interests in the Company's Shares (As at June 30, 2025) | Name of Shareholder | Capacity/Nature of Interest | Number and Class of Securities | Approximate Percentage of Shareholding | | :--- | :--- | :--- | :--- | | Sky Halo | Beneficial owner | 327,242,688 ordinary shares (L) | 54.54% | | Ms. Cheuk Wai Ying | Family interest | 327,242,688 ordinary shares (L) | 54.54% | | Mr. Chan Hung Kwong | Beneficial owner | 33,031,758 ordinary shares (L) | 5.51% | | Mr. Cheuk Lim Fai | Beneficial owner | 30,204,000 ordinary shares (L) | 5.03% | - Sky Halo Holdings Limited is wholly owned by **Mr. Wong Chi Sum**[169](index=169&type=chunk) - Ms. Cheuk Wai Ying, as the spouse of Mr. Wong Chi Sum, is deemed to be interested in Mr. Wong's interests in the company[169](index=169&type=chunk)[170](index=170&type=chunk) [Corporate Governance](index=32&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB) The company complied with the Corporate Governance Code, though the roles of Chairman and Chief Executive Officer were combined, which the Board believes aids swift decision-making - The company complied with all code provisions of the Corporate Governance Code during the reporting period, but the roles of Chairman and Chief Executive Officer were combined and held by **Mr. Wong Chi Sum**[172](index=172&type=chunk)[175](index=175&type=chunk) - The Board believes this structure facilitates prompt and effective decision-making and execution, and will continue to consider the feasibility of appointing a separate Chief Executive Officer[172](index=172&type=chunk)[175](index=175&type=chunk) [Model Code for Securities Transactions by Directors](index=32&type=section&id=%E8%91%A3%E4%BA%8B%E9%80%B2%E8%A1%8C%E8%AD%89%E5%88%B8%E4%BA%A4%E6%98%93%E7%9A%84%E8%A1%8C%E7%82%BA%E5%AE%88%E5%89%87) The company adopted the Model Code for Securities Transactions by Directors of Listed Issuers, with all directors confirming compliance during the reporting period - The company adopted the **Model Code for Securities Transactions by Directors of Listed Issuers**, and all directors confirmed compliance with the code during the reporting period[173](index=173&type=chunk)[176](index=176&type=chunk) [Audit Committee](index=33&type=section&id=%E5%AF%A9%E6%A0%B8%E5%A7%94%E5%93%A1%E6%9C%83) The Audit Committee, comprising four independent non-executive directors and chaired by Mr. Wong Ting Kan, reviewed the interim financial statements and found them compliant - The Audit Committee comprises **four independent non-executive directors** and is chaired by **Mr. Wong Ting Kan**[177](index=177&type=chunk)[179](index=179&type=chunk) - The Audit Committee reviewed the interim financial statements and deemed them compliant with applicable accounting standards, rules, and regulations, with appropriate disclosures made[177](index=177&type=chunk)[180](index=180&type=chunk) [Interim Dividend](index=33&type=section&id=%E4%B8%AD%E6%9C%9F%E8%82%A1%E6%81%AF) The Board of Directors resolved not to declare an interim dividend for the six months ended June 30, 2025 - The Board of Directors resolved not to declare an interim dividend for the six months ended **June 30, 2025**[137](index=137&type=chunk)[139](index=139&type=chunk)[178](index=178&type=chunk)[181](index=181&type=chunk) [Disclosure of Information](index=33&type=section&id=%E8%B3%87%E6%96%99%E6%8A%AB%E9%9C%B2) The company's interim report has been published on the HKEXnews website and the company's official website - The company's interim report has been published on the **HKEXnews website (http://www.hkexnews.hk)** and the **company's website (http://www.speedy-global.com)**[182](index=182&type=chunk)

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 公司名稱: 迅捷環球控股有限公司 呈交日期: 2025年9月1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) | 00540 | 說明 | 股份 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,200,000,000 | HKD | | 0.1 | HKD | | 120,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,200,000,000 | HKD | | 0.1 | HKD | | 120,000,000 | 截至月份: 2025年8月31日 狀態: 新提交 本月底法定/註冊股本總額： HKD 120, ...

Core Viewpoint - Swift Global Holdings (00540) announced the resignation of its auditor, PricewaterhouseCoopers, effective from August 29, 2025 [1] Group 1 - The audit committee recommended the appointment of ShineWing (Hong Kong) CPA Limited as the new auditor to fill the vacancy left by PricewaterhouseCoopers [1] - The appointment of the new auditor is subject to approval at a special general meeting of the shareholders [1] - The term of the new auditor will last until the conclusion of the next annual general meeting of the company [1]