Financial Performance - Revenue for the six months ended September 30, 2024, was HK$17,459,000, compared to HK$0 for the same period in 2023, indicating a significant increase[13]. - Gross profit for the current interim period was HK$4,311,000, while the previous period reported no gross profit[13]. - Operating loss decreased to HK$2,057,000 from HK$7,000,000 in the last interim period, showing an improvement of approximately 70.7%[13]. - Loss before income tax was HK$2,006,000, a substantial reduction from HK$55,732,000 in the previous year[13]. - Total comprehensive income for the period was HK$4,293,000, compared to a loss of HK$79,539,000 in the last interim period[15]. - Basic and diluted loss per share improved to HK$0.06 from HK$1.54 in the last interim period[15]. - The loss attributable to owners of the Company for the period was HK$2,006,000, a substantial decrease compared to a loss of HK$55,732,000 in the prior year[4]. - Loss per share for the period was HK$0.06, a significant improvement from HK$1.54 in the previous year[199]. Assets and Liabilities - Total assets increased to HK$1,484,544,000 as of September 30, 2024, up from HK$1,438,155,000 as of March 31, 2024, representing a growth of 3.1%[17]. - Net current liabilities stood at HK$(31,956,000) as of September 30, 2024, compared to HK$(30,957,000) as of March 31, 2024, indicating a slight increase in liabilities[17]. - The company reported a comprehensive loss of HK$2,006,000 for the period, resulting in total equity attributable to owners of the Company of HK$125,491,000, up from HK$121,198,000[19]. - Cash and cash equivalents decreased to HK$166,468,000 as of September 30, 2024, from HK$177,587,000 as of March 31, 2024, reflecting a decrease of 6.3%[25]. - The company’s borrowings increased to HK$818,545,000 as of September 30, 2024, from HK$808,726,000 as of March 31, 2024, marking a rise of 1%[17]. - Total liabilities as of 30 September 2024 were HK$1,359,053,000, with segment liabilities in property development at HK$1,088,883,000[105]. - Borrowings stood at HK$818,545,000, with a net borrowings to net assets ratio of 518.6%[199]. Costs and Expenses - Staff costs decreased to HK$2,187,000 from HK$2,960,000, reflecting a reduction of approximately 26.1%[13]. - Finance costs significantly decreased to HK$8,000 from HK$48,734,000, indicating a reduction of over 99.9%[13]. - The segment loss for the six months ended 30 September 2024 was HK$2,057,000, a significant increase from a loss of HK$796,000 in the same period of 2023[93]. - For the six months ended September 30, 2024, the net finance costs were HK$51,000, a significant improvement from a net cost of HK$48,732,000 in the same period of 2023[4]. Business Segments - The principal activities of the company include property investment, property development, hotel operations, trading and developing of premium white spirit, and provision of comprehensive healthcare planning and management services[27]. - The Group's operating segments include property investment, property development, hotel operations, trading and developing of premium white spirit, and comprehensive healthcare planning and management services[39]. - The property development segment is specifically engaged in property development and sales in Weihai city[43]. - The hotel operations segment focuses on hotel rental and food and beverage services in Weihai[43]. - The trading and developing of premium white spirit segment is involved in the trading and development of premium white spirit[43]. - The comprehensive healthcare planning and management services segment provides planning and management services to healthcare operators and sells healthcare products[43]. Capital and Financing - The successful fundraising from the Rights Issue completed on November 28, 2024, is expected to provide adequate resources for the Group's operational existence in the foreseeable future[35]. - The Group has communicated with the bank to restructure loan repayment terms, allowing repayment from proceeds of pre-sales of the Weihai Project within three years starting March 28, 2024[36]. - The Group has not paid certain instalments of principal totaling HK$549,890,000 and interest payments of HK$268,655,000, which were overdue as of September 30, 2024[137]. - The outstanding loan amount owed to Harbin Bank is approximately HK$818,545,000, equivalent to RMB744,281,000, as of September 30, 2024[137]. - The Group has capital expenditure contracted for but not provided in the amount of HK$112,277,000 as of September 30, 2024[140]. Share Capital and Options - The Group's share capital as of September 30, 2024, is HK$1,998,309, with 3,532,900,000 ordinary shares issued and fully paid[138]. - The Share Option Scheme, effective from September 20, 2021, allows for the grant of share options to motivate and retain employees, with a maximum issuance of 1% of the company's shares in any 12-month period[148][149]. - A total of 102,900,000 share options were granted to employees on September 20, 2021, with an exercise price of HK$0.187 and a contractual life of 10 years[154][155]. - The fair value of the share options at the measurement date was HK$0.05839, with an expected volatility of 88.026% and a risk-free rate of 1.017%[160]. Future Developments - The Group's investment in property development includes approximately 1,400 serviced apartment units in the Weihai Property, which is 100% owned by the Group[169]. - The hotel operations project in the Weihai Property will comprise approximately 200 hotel suites, managed by a world-renowned hotel group[173]. - The construction and renovation works of the serviced apartment units are expected to be completed in the second half of 2025[184]. - The hotel complex in Weihai is expected to be completed in the second half of 2025, delayed due to COVID-19 impacts[192]. - The expected preliminary initial costs for the development of the Weihai Property will exceed RMB 1.0 billion, excluding land costs[184].

Financial Performance - The Group reported unaudited consolidated interim financial statements for the six months ended September 30, 2024, compared to the same period in 2023[14]. - Revenue for the six months ended September 30, 2024, was HK$17,459,000, compared to no revenue in the same period of 2023[16]. - Gross profit for the period was HK$4,311,000, with an operating loss of HK$2,057,000, significantly improved from an operating loss of HK$7,000,000 in 2023[16]. - Total comprehensive income for the period was HK$4,293,000, a recovery from a total comprehensive loss of HK$79,539,000 in the previous year[18]. - Loss attributable to owners of the company was HK$2,006,000, compared to a loss of HK$55,732,000 in the same period last year[18]. - Basic and diluted loss per share improved to HK$0.06 from HK$1.54 in the same period last year[18]. - The group reported segment revenue of HK$17,459,000 for the six months ended September 30, 2024, compared to a loss of HK$2,057,000 in segment results[56]. - The group incurred a loss before income tax of HK$2,006,000 for the six months ended September 30, 2024[56]. Governance and Compliance - The Board of Directors confirmed the accuracy of the information presented in the announcement, ensuring no material facts were omitted[3]. - The Group's financial data has been reviewed by the Audit Committee, ensuring compliance and accuracy[2]. - The report indicates that the Group is committed to transparency and accountability in its financial disclosures[3]. - The Group's financial statements have been prepared in accordance with Hong Kong Accounting Standards, ensuring compliance with applicable disclosure requirements[36]. Strategic Initiatives - The Company is actively engaging in strategic initiatives to enhance its market position and operational efficiency[2]. - The Group aims to expand its market presence and explore new business opportunities in the upcoming periods[2]. - The Group continues to explore market expansion opportunities and new strategies for growth[46]. Assets and Liabilities - The company's total assets increased to HK$1,484,544,000 as of September 30, 2024, up from HK$1,438,155,000 as of March 31, 2024[20]. - Current liabilities rose to HK$1,359,053,000, compared to HK$1,316,506,000 in the previous period[20]. - Net assets as of September 30, 2024, were HK$125,491,000, an increase from HK$121,198,000 as of March 31, 2024[21]. - Total liabilities as of September 30, 2024, were HK$1,359,053,000, with segment liabilities in property development at HK$1,088,883,000[108]. Cash Flow and Financing - For the six months ended September 30, 2024, the net cash used in operating activities was HK$ (7,196,000), a significant decrease compared to HK$ 177,331,000 in the same period of 2023[28]. - The net cash used in financing activities was HK$ (7,859,000), an improvement from HK$ (24,066,000) in the previous year[28]. - The total cash and cash equivalents at September 30, 2024, amounted to HK$ 166,468,000, compared to HK$ 155,694,000 at the same date in 2023, indicating a year-over-year increase of approximately 6.1%[28]. - The Group has successfully raised funds through a Rights Issue completed on November 28, 2024, which is expected to support its operational existence[38]. - The Group has communicated with the bank to restructure payment terms for outstanding loans, allowing repayment from proceeds of pre-sales of the Weihai Project within three years[38]. Segment Information - The Group's principal activities include property investment, property development, hotel operations, trading and developing of premium white spirit, and provision of comprehensive healthcare planning and management services[30]. - The Group's operating segments are managed separately, focusing on property investment, development, hotel operations, and other services, each representing a strategic business unit[42]. - The property investment segment is focused on property investment, while the property development segment is engaged in property development and sales in Weihai city[46]. - The hotel operations segment is involved in hotel rental and food and beverage services in Weihai[46]. - The trading and developing of premium white spirit segment is actively trading and developing premium white spirit products[46]. - The comprehensive healthcare planning and management services segment provides planning and management services to healthcare operators and sells healthcare products[46]. Share Capital and Options - The share capital of the Group as of September 30, 2024, is HK$1,998,309, with a total of 3,532,900,000 shares issued and fully paid[141]. - The Group has a share option scheme in place, which allows for the issuance of options not exceeding 1% of the total shares in any 12-month period[151]. - All share options granted have been exercised, with the fair value of services received measured based on the fair value of the share options granted[159][161]. Development Projects - The Group's current investment in property development includes approximately 1,400 serviced apartment units in the Weihai Property project, which is 100% owned by the Group[172][175]. - The hotel operations project within the Weihai Property consists of approximately 200 hotel suites, which are still under construction and will be managed by a world-renowned hotel group[176][178]. - The Group began trading and developing premium white spirit in 2023 under the brand Yi Pin Jiang Shan[177][179]. - The comprehensive healthcare planning and management services segment was established in the financial year 2019/20, focusing on providing services to healthcare business operators[177][180]. - The expected preliminary initial costs for the development of the Weihai Property will exceed RMB1.0 billion, excluding land costs[189]. - The main building of the Weihai Property is expected to stand approximately 149.8 metres in height, making it a landmark along the Golden Beach in Weihai[194]. - Upon completion, the hotel is expected to provide about 200 luxury suites and rooms[197].

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。 截至二零二三年三月三十一日止年度年報之 補充公告 茲提述本公司於二零二四年五月十四日刊發其截至二零二三年三月三十一日 止 年 度 之 年 報（「年 報」）。除 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 年 報 所 界 定 者 具 有 相 同 涵 義。 本 公 司 就 酒 店 營 運 分 部 項 下 待 售 發 展 中 物 業（「待 售 發 展 中 物 業」）及 在 建 工 程（「在 建 工 程」）（以 下 統 稱「該 等 物 業」）確 認 減 值 虧 損 分 別 為286,782,000港元及110,064,000 港 元。本 公 司 謹 此 提 供 補 充 資 料 如 下： – 1 – 於 評 估 零 售 物 業 部 分 的 價 值 時，本 公 司 已 識 別 出 ...

Financial Performance - As of March 31, 2024, the total assets of the Group reached approximately HK$1,438.2 million, with a loss attributable to shareholders of approximately HK$126.8 million, a decrease of approximately HK$942.6 million compared to the previous year[11]. - Revenue for the year ended March 31, 2024, amounted to approximately HK$183.5 million, compared to nil revenue for the previous year, driven by the trading and development of premium white spirit[60]. - The net loss attributable to owners of the Company for the current year was approximately HK$126.8 million, a significant improvement from a loss of approximately HK$1.069 billion in the previous year[65]. - Other operating expenses decreased by approximately HK$11.2 million or 57%, totaling approximately HK$8.3 million for the current year, due to reduced costs related to property sales[63]. - Finance costs for the current year were approximately HK$47.4 million, representing a decrease of approximately HK$46.9 million or 49.7% compared to approximately HK$94.3 million in the previous year[64]. Property Development Projects - The Group's property development project, Golden Beach No. 1, is expected to be completed in 2024/2025, with a total gross floor area of approximately 195,000 square meters, including over 1,600 apartment suites[17]. - The market value of the Golden Beach No. 1 project is estimated at approximately RMB800 million, which is expected to generate stable cash flow for the Group[18]. - The Weihai Property development project is expected to be completed by 2024/2025, with a total construction area of approximately 195,000 square meters, providing over 1,600 serviced apartments and 360 parking spaces[21]. - The estimated total market value of the Weihai Property project is approximately RMB 800 million, which includes serviced apartments, hotel, retail properties, and parking spaces[21]. - The hotel operations in the Weihai Property will consist of approximately 200 hotel suites managed by a world-renowned hotel group[26]. Financing and Capital Management - The Group secured a loan facility of RMB 660 million for the Weihai Property development, with a final drawdown amount of RMB 500 million at an interest rate of 6.6% per annum[41]. - The Group plans to finance the Weihai Property development through cash flow from pre-sales, loan facilities, contractor financing, and other capital arrangements[42]. - The Group has cash and cash equivalents of only HK$177,587,000 as of 31 March 2024, raising concerns about liquidity[75]. - The Group has prepayments on new projects amounting to HK$262,948,000, which are expected to provide sufficient cash flow for short-term liquidity needs[81]. - The Group's interests in the Weihai Property were pledged as security for borrowings with an outstanding amount of approximately HK$542.0 million as of 31 March 2024[91]. Business Diversification - The Group plans to launch a new business in trading and developing premium white spirit in China, aiming to create sustainable business development opportunities[19]. - The Group has initiated trading and development of premium white spirit in 2023, which is expected to provide sustainable business development opportunities[33]. - The Group's comprehensive healthcare business includes planning and management services for healthcare operators, focusing on various operational aspects[27]. - The comprehensive healthcare planning and management services business has been progressing steadily since its establishment in 2020, focusing on providing services to healthcare business operators[107]. Governance and Compliance - The Company has complied with all provisions of the Corporate Governance Code throughout the fiscal year ending March 31, 2024[123]. - The Board regularly reviews and enhances corporate governance policies to ensure compliance with the Corporate Governance Code[124]. - The Company has maintained a balanced composition in terms of diversity of experience, expertise, and independence among its Directors[149]. - The Company has adopted a board diversity policy to enhance performance quality and support strategic objectives, considering factors such as gender, age, and professional experience[160]. - The Company ensures compliance with corporate governance codes by requiring Directors to retire and seek re-election at least every three years[187]. Risks and Market Conditions - The main risks and uncertainties faced by the Group are closely related to the demand, economic performance, and political environment in China[110]. - The Group's business is significantly impacted by China's macro-control policies on the real estate industry, which are influenced by the economic situation[115]. - The real estate industry faces a heavy tax burden compared to other industries, with various taxes such as land value-added tax and corporate income tax affecting profitability[116]. - The COVID-19 pandemic has severely disrupted normal economic activities, but the Chinese government's effective control measures have led to a quicker recovery compared to Western countries[118]. Employee Management - The Group emphasizes the importance of employee management and talent development, ensuring alignment with corporate strategy[125]. - The Group's total employee remuneration and staff costs for the current year were approximately HK$5.1 million, a decrease from approximately HK$5.9 million in the last year[97].

Report of the Directors (Continued) 董事會報告（續） Crown International Corporation Limited 56 Annual Report 2023/2024 PARTICULARS OF IMPORTANT EVENTS SUFFICIENCY OF PUBLIC FLOAT 皇冠環球集團有限公司 2023/2024 年報 23 The Board currently comprises three independent non-executive Directors. Each independent non-executive Director, pursuant to the guidelines set out in Rule 3.13 of the Listing Rules, has confirmed he had been independent of the Company throughout the year ended 31 March 2024 and up to the date of this report, a ...

Financial Performance - As of March 31, 2023, the total assets of the Group reached approximately HK$1,656.5 million, with a loss attributable to shareholders of approximately HK$1,070 million, an increase of approximately HK$343 million compared to the previous year[12]. - The Group recorded nil revenue for the current year, compared to approximately HK$17.5 million in the previous year[64]. - The net loss attributable to owners of the Company for the current year is approximately HK$1.069 billion, an increase from a loss of approximately HK$726.4 million in the previous year[68][74]. - Total assets decreased to approximately HK$1.657 billion as of March 31, 2023, down from HK$2.973 billion in the previous year[63]. - Other operating expenses increased by approximately 30% to about HK$10.6 million, compared to approximately HK$8.1 million in the previous year[66][72]. - Finance costs decreased by approximately 12.5% to about HK$94.2 million, down from approximately HK$107.6 million in the previous year[67][73]. - The Group's cash and cash equivalents were only HK$2,480,800 as of March 31, 2023, a significant decrease from HK$8,000,000 as of March 31, 2022[78]. - The Group's net current assets amounted to approximately HK$5.4 million as of March 31, 2023, compared to net current liabilities of approximately HK$6.7 million as of March 31, 2022[76]. - The net debt gearing ratio increased significantly to approximately 524.2% as of March 31, 2023, compared to 60.3% as of March 31, 2022[89]. - Capital expenditure for the current year was approximately HK$2.9 million, a decrease from approximately HK$7.4 million in the previous year[90]. Business Operations - The Group is engaged in property investment, property development, hotel operations, financial consultancy, healthcare planning, and trading of premium white spirit in China[13]. - The Golden Beach No. 1 Project in Weihai, Shandong, is expected to be completed by 2024/2025, with a total gross floor area of approximately 195,000 square meters, including over 1,600 apartment suites[19]. - The market value of the Golden Beach No. 1 Project is estimated at approximately RMB800 million, which is expected to generate stable cash flow for the Group[20]. - The Group plans to launch a new business in trading and developing premium white spirit in China, aiming for sustainable business development opportunities[21]. - The Group has disposed of an investment property in Zhongshan to reduce debts[15]. - The ongoing impact of the COVID-19 pandemic has significantly affected global economic activities, influencing the Group's operations[14]. - The Group's comprehensive healthcare business includes planning and management services for healthcare operators, focusing on various operational aspects[29]. - The Group has initiated trading and developing premium white spirit in 2023, aiming for sustainable business development opportunities[35]. - The Group's hotel operations in the Weihai Property will consist of approximately 200 hotel suites managed by a world-renowned hotel group[28]. - The construction and renovation works of the serviced apartment units in the Weihai Property are expected to be completed in 2024/25[38]. Project Development - The Weihai Property development project has a total gross floor area of approximately 195,000 square meters, with around 130,000 square meters designated for serviced apartments[36]. - The accumulated total pre-sales by Weihai Runhe amounted to approximately RMB 207 million, with a total saleable area pre-sold of approximately 17,000 square meters[38]. - The expected preliminary initial costs for the development of the Weihai Property will exceed RMB 1 billion, excluding land costs[42]. - The total market value of the Weihai Property project is estimated at approximately RMB 800 million based on current real estate market prices[23]. - The construction completion of the Weihai property has been postponed from 2021 to 2024/2025, with the main building expected to reach a height of approximately 149.8 meters[47][50]. - The hotel within the Weihai property is expected to provide about 200 luxury suites and rooms upon completion[49]. - The pre-sale of the Golden Beach No. 1 Project phase I in Weihai is expected to generate sales revenue in the financial year 2024/25, with completion now estimated in the second half of 2024 due to COVID-19 delays[103]. - The hotel associated with the Golden Beach No. 1 Project phase I is under construction and is expected to start operations in 2025, becoming the first international five-star hotel in Weihai[109]. Governance and Management - The Group's governance principles and risk management strategies are focused on creating long-term value and ensuring asset quality[21]. - The Group emphasizes prudent governance principles and risk management as the foundation for creating long-term value[23]. - The Company emphasizes high standards of corporate governance to enhance management and protect shareholder interests[148]. - The Company has complied with the Corporate Governance Code and Listing Rules, except as disclosed in the report[148]. - The Board consists of five Directors, including two executive Directors and three independent non-executive Directors[151]. - The Company has a strong focus on ethical corporate culture as an intrinsic value[147]. - The Company has made significant efforts to uphold corporate governance standards to maximize shareholder returns[146]. - The Board is committed to maintaining a balanced composition in terms of diversity of experience and expertise[153]. - The Company has adopted a board diversity policy to enhance performance quality and support strategic objectives, considering factors such as gender, age, and professional experience[164]. - The Company has established procedures for the nomination, appointment, and re-appointment of Directors since April 2006[167]. Risks and Challenges - The Group's main business risks are closely related to domestic demand, economic performance, and political environment, particularly in the real estate sector[117]. - The Chinese government's macro-control policies on the real estate industry are a primary source of risk, with potential regulatory changes depending on the economic situation[119]. - The real estate industry faces a heavy tax burden, and changes in taxation policies could significantly impact the Group's profitability[120]. - The Group's assets are primarily located in China and denominated in RMB, making them susceptible to currency rate fluctuations between RMB and HKD[121]. - The Group's ability to continue as a going concern is dependent on the future volatility of the property sector in the PRC and the outcome of negotiations with banks regarding loan repayments[87]. - The Group is exploring opportunities to dispose of equity interests in Weihai Runhe to reduce liabilities, with potential construction costs payable of HK$393,112,000 also being considered for disposal[86]. Employee and Operational Efficiency - The Group's total employee count decreased to 19 as of March 31, 2023, from 31 employees in the previous year, with total remuneration and staff costs increasing to approximately HK$25.2 million from HK$17.9 million[101]. - The Group's management is focused on improving cash flow management and controlling costs to enhance project funding recovery efficiency[75]. - The Group has receivables and prepayments on new projects amounting to HK$200,709,000 and HK$251,353,000 respectively, which are expected to provide sufficient cash flow for short-term liquidity needs[86].

Financial Performance - For the fiscal year ending March 31, 2023, the company reported total revenue of HKD 17,499,000, a decrease from HKD 13,502,000 in the previous year[3]. - The company experienced a significant operating loss of HKD 1,182,250,000, compared to an operating loss of HKD 812,216,000 in the prior year, reflecting a deterioration of approximately 45.4%[4]. - The net loss for the year was HKD 1,070,002,000, which is an increase of 47.1% from the net loss of HKD 726,978,000 in the previous year[4]. - The total loss before tax was HKD 1,276,533,000, compared to a loss of HKD 919,821,000 for the previous year[21]. - The company reported a loss attributable to shareholders of HKD (1,069,359) thousand for the year ended March 31, 2023, compared to a loss of HKD (726,372) thousand for the previous year, representing an increase in loss of approximately 47%[34]. - The basic loss per share for the year ended March 31, 2023, was HKD (30.54), compared to HKD (21.18) for the previous year, indicating a decline of about 44%[34]. - The company recorded other income of HKD 12,641,000 for the fiscal year ending March 31, 2023, compared to a loss of HKD 5,825,000 in the previous year[30]. - The company reported a tax credit of HKD 206,531,000 for the fiscal year ending March 31, 2023, compared to HKD 192,843,000 for the previous year[32]. Assets and Liabilities - The company's total assets decreased to HKD 1,656,507,000 from HKD 2,972,705,000, indicating a decline of approximately 44.3%[5]. - The total liabilities as of March 31, 2023, were HKD 1,492,989,000, compared to HKD 1,660,265,000 as of March 31, 2022[29]. - The company's cash and cash equivalents increased to HKD 2,481,000 from HKD 714,000, showing a significant improvement in liquidity[5]. - The group has approximately HKD 2,481,000 in available cash and cash equivalents as of March 31, 2023[11]. - As of March 31, 2023, the group's financial obligations amounted to approximately HKD 1,482,219,000, with HKD 799,876,000 in bank loans due for repayment[11]. - The total liabilities, including trade payables and other payables, were HKD 611,842 thousand as of March 31, 2023, slightly up from HKD 607,862 thousand in the previous year[41]. Business Operations - The company is engaged in multiple business segments, including property investment, development, hotel operations, premium liquor trading, and health management services[8]. - The group operates in various segments, including property investment, property development, hotel operations, premium liquor trade, and health management services[16]. - The company has initiated the trade and development of premium liquor business in 2023, targeting the large market in China[57]. - The health management service business has been steadily developing since its launch in 2020, focusing on providing planning, research, and management services to health care operators[77]. Project Developments - The group anticipates that the pre-sale of the Weihai project will occur in 2025, based on current progress[11]. - The company is currently developing a hotel project in Weihai, which will include approximately 200 hotel suites, in collaboration with an internationally renowned hotel group[46]. - The company plans to complete the construction and decoration of the service apartment units by the second half of 2024, with expected revenue recognition in the 2024/2025 fiscal year[52]. - The hotel property under development is expected to be completed by the second half of 2025, delayed from 2021 due to the COVID-19 pandemic[55]. - The group’s property development project in Weihai, initially expected to be completed in Q4 2021, is now estimated to be completed in the second half of 2024 due to delays caused by the COVID-19 pandemic[75]. - The hotel project in Weihai is under construction and is expected to be completed and opened in 2025, becoming the first international five-star hotel managed by a well-known hotel management company in the region[75]. Financial Management and Strategy - The group has communicated with banks to remedy overdue repayment issues and has restructured payment terms for remaining loans[11]. - The company plans to enhance cash flow management and control costs to improve project funding efficiency in the future[64]. - The group is exploring diversification and expansion into other profitable businesses beyond property development[14]. - The group is exploring an environmentally friendly high-tech investment to convert fly ash into metals in the coming years[78]. Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting and risk management[89]. - The board continues to enhance the group's monitoring environment and procedures for risk management and internal controls[90]. - The group has maintained a public float of no less than 25% of its issued shares as required by listing rules[99]. Employee Information - As of March 31, 2023, the group had a total of 19 employees, down from 31 employees as of March 31, 2022, with employee costs approximately HKD 5.9 million compared to HKD 17.9 million in the previous year[74]. - As of March 31, 2023, employees were granted stock options totaling 102,900,000 shares, which remain unexercised[80]. - The company has adopted a stock option plan allowing for the issuance of up to 343,000,000 shares, equivalent to 10% of the issued share capital at the time of adoption[81]. Dividends - The company did not declare any dividends for the fiscal year ending March 31, 2023, consistent with the previous year[4]. - The board does not recommend the payment of a final dividend for the year ending March 31, 2023, consistent with the previous year[79]. Other Information - The company plans to submit its financial statements for the fiscal year ending March 31, 2023, to the Hong Kong Companies Registry in due course[10]. - The annual report for the fiscal year ending March 31, 2023, will be published on the company's website and the Hong Kong Stock Exchange website[98]. - No significant events affecting the group's operational and financial performance occurred after the fiscal year-end[82].

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 CROWN INTERNATIONAL CORPORATION LIMITED 皇冠環球集團有限公司 （於香港註冊成立之有限公司） (股份代號: 727) 內幕消息 （1）進一步延遲刊發二零二三年年度業績 （2）延遲刊發二零二三年年度業績及審計意見之進一步資料 （3）延遲寄發二零二三年年報 及 （4）繼續暫停買賣 茲提述皇冠環球集團有限公司（「本公司」及其附屬公司「本集團」）日期為二零 二三年六月十九日及二零二三年六月三十日之公佈，內容分別有關將於二零二三 年六月三十日舉行的董事會會議（「董事會會議」）通告，以便考慮及批准（其中 包括）二零二三年年度業績、建議派付末期股息（如有）及處理其他事項以及延 遲刊發二零二三年年度業績、延期董事會會議及暫停買賣（統稱「該等公佈」）。 ...

ernation Crown International Corporation Limited 皇冠環球集團有限公司 (Incorporated in Hong Kong with limited liability) (在香港註冊成立之有限公司) 5tock code 股份代號: 727 8 1 5 3 4 1 1 1 1 1 1 1 1 1 1 1 1 1 1 健原 宏健園, INTERIM REPC 20) 员告 Contents 目錄 Pages | --- | --- | --- | |-------------------------------------------|-------------------------------|-------| | Corporate Information | 公司資料 | | | Condensed Consolidated Statement of | | | | Profit or Loss and Other Comprehensive | 簡明綜合損益及 其他全面收益表 | | | Income (Unaudited) | （未經審核） | | ...

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。 1 Crown International Corporation Limited （在香港註冊成立之有限公司） （股份代號：727） 截至二零二二年三月三十一日止年度之未經審核全年業績公告 皇冠環球集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈本公司及其 附屬公司（統稱「本集團」）截至二零二二年三月三十一日止財政年度（「本年度」）之未 經審核綜合業績連同截至二零二一年三月三十一日止財政年度（「上年度」）之比較數 字。 根據本公告「審閱未經審核全年業績」一段所述之原因，本集團截至二零二二年三月 三十一日止年度全年業績的審核程序尚未完成，並且本公司無法根據香港聯合交易 所有限公司證券上市規則第13.49條於二零二二年六月三十日之前刊發與本公司核 數師協定一致的全年業績公告。 未經審核綜合全面收益表 截至二零二二年三月三十一日止年度 | --- | --- | --- | --- | |-- ...