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: 遠見控股有限公司 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00862 | 說明 | 遠見控股有限公司 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 3,924,190,467 | | 0 | | 3,924,190,467 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 3,924,190,467 | | 0 | | 3,924,190,467 | 第 2 頁 共 10 頁 v 1.1.1 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 | ...

呈交日期: 2025年8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) | 00862 | 說明 | 遠見控股有限公司 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | 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: 遠見控股有限公司 FF301 II. 已發行股 ...

Group 1 - The stock price of XD Zhonghang Gao (600862) closed at 24.43 yuan on June 27, 2025, with an increase of 1.24% and a turnover rate of 1.15% [1] - On June 27, the net outflow of main funds was 20.12 million yuan, accounting for 5.11% of the total transaction amount [2][4] - The company announced an adjustment to the maximum repurchase price after the 2024 annual profit distribution, changing it from 36.00 yuan per share to 35.75 yuan per share, effective from June 27, 2025 [2][4] Group 2 - The profit distribution plan for 2024 includes a cash dividend of 2.49 yuan per 10 shares, totaling 346,869,227.64 yuan (including tax) [2] - The expected number of shares to be repurchased after the price adjustment is between 2.7972 million and 5.5944 million shares, representing 0.20% to 0.40% of the company's total share capital [2]

1. 铜库存154300吨，减少7850吨。 2. 铝库存377325吨，减少4250吨。 3. 镍库存200862吨，增加864吨。 4. 锌库存143450吨，减少7700吨。 5. 铅库存291050吨，减少1325吨。 6. 锡库存2680吨，增加20吨。 LME有色金属库存日报 金十期货5月28日讯，伦敦金属交易所（LME）有色金属库存及变化如下： ...

Financial Performance - Revenue for the financial period decreased to HKD 224,100,000, down from HKD 239,100,000 in the previous year, representing a decline of approximately 6.4%[7] - The loss attributable to the company's owners was HKD 27,400,000, compared to HKD 27,000,000 in the previous year, indicating a slight increase in losses[7] - Revenue for the six months ended December 31, 2024, was HKD 224,073,000, a decrease of 6.4% compared to HKD 239,067,000 in the same period of 2023[43] - The company reported a net loss of HKD 20,047,000 for the period, slightly improved from a loss of HKD 21,475,000 in the previous year[44] - Operating loss decreased to HKD 11,491,000 from HKD 14,166,000 year-over-year, indicating a reduction in operational inefficiencies[43] - The company reported a total comprehensive loss of HKD 28,966,000 for the six months ended December 31, 2024, compared to a comprehensive loss of HKD 26,943,000 for the same period in 2023, indicating an increase in losses of about 3.8%[55] Revenue Breakdown - The logistics business accounted for approximately 92.5% of total revenue, while private jet management services contributed 6.1%[14] - The segment performance for logistics services was HKD 30,265,000, up 20.4% from HKD 25,094,000 in the previous year[66] - Revenue from related company Mongolian Energy (Greater China) increased to HKD 215,000 from HKD 209,000 year-on-year[105] - Sales to MoEnCo LLC surged to HKD 746,000 from HKD 136,000 year-on-year[105] - Revenue from Xinjiang Mongke Energy reached HKD 107,885,000, down from HKD 133,754,000 year-on-year[105] Assets and Liabilities - Total assets decreased to HKD 643,722,000 from HKD 701,692,000, reflecting a reduction in both current and non-current assets[48] - The total equity decreased to HKD 252,137,000 from HKD 285,237,000, primarily due to accumulated losses[49] - As of December 31, 2024, the total equity attributable to owners decreased to HKD 166,030,000 from HKD 194,996,000 as of July 1, 2024, reflecting a decline of approximately 14.8%[53] - The company's total equity as of December 31, 2024, was HKD 252,137,000, down from HKD 311,678,000 as of December 31, 2023, indicating a decrease of approximately 19%[55] Cash Flow and Financing - Cash flow from operating activities showed a significant improvement, with a net cash inflow of HKD 85,253,000 compared to an outflow of HKD 18,548,000 in the prior year[50] - Financing costs increased to HKD 4,800,000 from HKD 4,300,000, primarily due to increased loans from a director[16] - Financing costs totaled HKD 4,828,000 for the six months ended December 31, 2024, an increase from HKD 4,288,000 in the previous year[71] Shareholder Information - As of December 31, 2024, Mr. Lu holds a total equity interest of 1,294,809,889 shares, representing 33.00% of the company[25] - Major shareholder Ms. Gu holds 1,294,809,889 shares through her spouse, Mr. Lu, accounting for 33.00% of the issued share capital[29] - The company has not disclosed any other shareholders holding 5% or more of the issued share capital apart from those mentioned[29] Corporate Governance - The company has adopted and complied with the corporate governance code, with some deviations noted regarding the roles of the chairman and CEO[36] - The company emphasizes the importance of high corporate governance standards to protect and enhance shareholder interests[36] - The audit committee, consisting of four independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ending December 31, 2024[41] Employee and Operational Metrics - The company employed a total of 41 full-time employees as of December 31, 2024, down from 50 employees on June 30, 2024[39] - Total employee benefits increased to HKD 5,395,000 from HKD 4,936,000 year-on-year[109] Investment and Development - The group has entered a three-year logistics service framework agreement with Mongolia Energy Corporation, effective from 2023 to 2026, ensuring stable business volume[21] - The company plans to focus on the mining project in Mongolia, with a mining plan submitted in November 2024, targeting a minimum production of 40,000 tons of oxidized ore[10] Other Financial Metrics - The company experienced a foreign exchange loss of HKD 2,222,000, contrasting with a gain of HKD 35,000 in the previous year, impacting overall comprehensive income[46] - The accumulated losses increased to HKD 346,808,000 as of December 31, 2024, from HKD 315,414,000 as of July 1, 2024, representing a rise of approximately 10%[53] - The company incurred a loss of HKD 396,000 from the sale of properties, plants, and equipment during the reporting period[70]

Financial Performance - Revenue for the six months ended December 31, 2024, was HKD 224,073,000, a decrease of 6.3% compared to HKD 239,067,000 for the same period in 2023[2] - The operating loss for the period was HKD 11,491,000, improved from a loss of HKD 14,166,000 in the previous year, representing a reduction of 18.9%[3] - The net loss attributable to the owners of the company was HKD 27,382,000, slightly increased from HKD 26,978,000 in the prior year[3] - The company reported a total comprehensive loss of HKD 22,269,000 for the period, compared to a loss of HKD 21,440,000 in the previous year[5] - The group reported a pre-tax loss of HKD 16,229,000 for the six months ended December 31, 2024, compared to a pre-tax loss of HKD 18,359,000 for the same period in 2023[15] - The basic and diluted loss per share was HKD 0.70, compared to HKD 0.69 in the prior year[3] - The group reported a basic and diluted loss per share of HKD 0.70 for the six months ended December 31, 2024, compared to HKD 0.69 for the same period in 2023[24] Assets and Liabilities - Total assets decreased to HKD 643,722,000 from HKD 701,692,000, reflecting a decline of 8.2%[7] - Total liabilities decreased to HKD 391,585,000 from HKD 416,455,000, a reduction of 6.0%[8] - The group’s total liabilities increased to HKD 579,496,000 as of December 31, 2024, compared to HKD 656,307,000 as of June 30, 2024[17] - The fair value of the investment properties was revalued at approximately HKD 219,530,000 as of December 31, 2024, down from HKD 239,338,000 as of June 30, 2024, reflecting a fair value loss of approximately HKD 19,126,000[27] - As of December 31, 2024, the accounts receivable from trade and notes amounted to HKD 216,681,000, down from HKD 261,930,000 as of June 30, 2024[31] - The group has retained the full book value of accounts receivable of HKD 116,391,000 as of December 31, 2024, despite factoring agreements with banks[32] - The group’s trade payables to third parties amounted to HKD 53,672,000 as of December 31, 2024, compared to HKD 32,024,000 as of June 30, 2024[36] - The group reported a significant increase in trade receivables aged 0 to 30 days, totaling HKD 22,429,000 as of December 31, 2024, compared to HKD 33,543,000 as of June 30, 2024[35] Cash Flow and Financing - Cash and cash equivalents increased to HKD 58,316,000 from HKD 41,358,000, showing a growth of 40.9%[7] - The financing costs for the six months ended December 31, 2024, were HKD 4,828,000, an increase from HKD 4,288,000 in the same period of 2023[20] - Financing costs increased to HKD 4,800,000 from HKD 4,300,000 in the previous year, primarily due to increased loans from a director[52] - As of December 31, 2024, the group's debt-to-asset ratio was 43.1%, down from 46.4% on June 30, 2024[55] Revenue Segmentation - The logistics services segment generated revenue of HKD 207,251,000, while the property investment segment contributed HKD 1,492,000, and the private aircraft management services segment brought in HKD 13,601,000[15] - The group's revenue decreased to HKD 224,100,000 for the fiscal period, down from HKD 239,100,000 in the previous year, with logistics contributing approximately 92.5% of total revenue[50] - The joint venture implemented a fleet outsourcing strategy starting mid-2024, resulting in a slight decrease in business performance due to lower transportation fees in Xinjiang, with revenue recorded at HKD 207,300,000 compared to HKD 209,800,000 in the previous year[49] - The group managed four aircraft under its private aircraft management segment as of December 31, 2024, with revenue of approximately HKD 13,600,000, down from HKD 16,400,000 in the previous year[46] - The group reported a revenue of HKD 1,500,000 for the financial period from property investments, a decrease from HKD 3,000,000 in the previous year[43] Strategic Focus and Management - The company plans to continue focusing on cost management and exploring new market opportunities to enhance future performance[10] - The group has secured a three-year logistics service framework agreement with Mongolia Energy Company, effective from 2023 to 2026, ensuring stable business volume[58] - The group employed a total of 41 full-time employees as of December 31, 2024, down from 50 employees on June 30, 2024[66] - The group has no significant capital commitments as of the year-end[40] - The group has no significant contingent liabilities as of December 31, 2024[57] - The group has not engaged in any purchase, sale, or redemption of its listed securities during the fiscal period[59] - The group continues to monitor foreign exchange risks without a formal hedging policy, focusing on assets and liabilities primarily denominated in HKD, USD, and RMB[56] Governance - The audit committee consists of four independent non-executive directors, including Mr. Xu Qingquan, Mr. Li Qiwei, Mr. Wei Qikuan, and Mr. Liu Weibiao, who is the chairman of the audit committee[67] - The board of directors comprises ten members, including six executive directors and four independent non-executive directors[67] - The unaudited condensed consolidated financial statements for the six months ending December 31, 2024, have been reviewed by the audit committee[67]

Environmental Sustainability - The company aims to reduce greenhouse gas emissions, energy usage, water consumption, and waste generation by 15% by June 30, 2028[6]. - The board has established a working group to oversee environmental, social, and governance (ESG) strategies and report annually on performance and progress[2]. - The company emphasizes sustainability as an integral part of its operations, with specific sustainability goals aligned with its ESG framework[3]. - The ESG report is prepared based on principles of materiality, quantification, balance, and consistency to ensure accurate reporting[10]. - The company focuses on creating value for the environment, employees, customers, and the community through its sustainability initiatives[5]. - The company has outsourced certain mining exploration activities to third-party contractors, ensuring compliance with local environmental regulations[7]. - The logistics business may be outsourced based on market demand, with third-party contractors required to adhere to local environmental laws[9]. - The company emphasizes energy-saving measures and encourages employees to turn off unnecessary lighting and electronic devices to reduce energy consumption[31]. - The company has implemented recycling initiatives for office waste, including paper and cardboard, to enhance resource efficiency[27]. - The company is committed to environmental sustainability and integrates environmental protection concepts into daily operations[34]. - The company adheres to environmental regulations and has not reported any significant non-compliance incidents during the reporting period[50]. Emissions and Environmental Impact - In 2024, the total greenhouse gas emissions (Scope 1 and 2) amounted to 7,951.24 tons, a decrease from 8,382.42 tons in 2023, representing a reduction of approximately 5.1%[26]. - Direct emissions from vehicle fuel combustion (Scope 1) were 7,897.70 tons in 2024, down from 8,330.34 tons in 2023, indicating a decrease of about 5.2%[26]. - Indirect emissions from purchased electricity (Scope 2) increased slightly to 53.54 tons in 2024 from 52.08 tons in 2023, reflecting a rise of approximately 2.8%[26]. - Nitrogen oxides emissions rose to 32,251,147.13 grams in 2024 from 26,119,370.97 grams in 2023, an increase of about 23.5%[24]. - Particulate matter emissions increased to 2,319,026.28 grams in 2024 from 1,878,118.86 grams in 2023, representing a rise of approximately 23.5%[24]. - The density of greenhouse gas emissions per employee increased to 159.02 tons/employee in 2024 from 133.05 tons/employee in 2023, an increase of about 19.5%[26]. Employee Welfare and Development - The company is committed to providing a healthy work environment and fair compensation for employees, alongside career development opportunities[17]. - The total number of employees decreased from 63 in 2023 to 50 in 2024, representing a reduction of approximately 20.63%[40]. - The employee turnover rate for males increased significantly from 19.05% in 2023 to 38.00% in 2024, while for females it rose from 7.94% to 16.00%[40]. - Total training hours decreased from 161 hours in 2023 to 111 hours in 2024, a decline of about 30.93%[45]. - The average training hours per employee fell from 2.56 hours in 2023 to 2.22 hours in 2024, a decrease of approximately 13.29%[45]. - The percentage of trained employees increased slightly from 15.87% in 2023 to 16.00% in 2024[45]. - The company has established internal guidelines for employee safety during extreme weather events, including black rainstorm signals and typhoon warnings[35]. - There were no violations of occupational health and safety laws during the reporting period, with no serious incidents reported[43]. - The company strictly adheres to local labor laws and regulations, ensuring fair treatment and compensation for employees[46]. - The company has implemented measures to promote a harmonious workplace and prevent any form of discrimination or harassment[39]. Community Engagement and Corporate Responsibility - The company emphasizes community investment and encourages employees to volunteer, enhancing corporate values[53]. - The company has implemented a whistleblowing policy to report any suspected misconduct, ensuring protection for whistleblowers[51]. - The company detailed its community engagement policies and the resources allocated to focused contribution areas[67]. Supply Chain and Compliance - The top five suppliers by region for 2024 are: China (41), Hong Kong (35), UK (2), Singapore (2), and others (1)[48]. - In the previous reporting period, the top five suppliers were: Hong Kong (43), China (29), USA (5), Singapore (4), and others (1)[49]. - The company has not experienced any product recalls or significant compliance issues related to product and service responsibilities during the reporting period[50]. - There were no significant customer complaints or legal actions affecting the business related to privacy laws or intellectual property during the reporting period[50]. - The company has not reported any corruption complaints involving its employees during the reporting period[51]. - The company reported on the number of corruption lawsuits filed against it or its employees during the reporting period[67].

Financial Performance - The revenue for the fiscal year ending June 30, 2024, was HKD 524,800,000, an increase from HKD 400,700,000 in 2023, representing a growth of approximately 31%[4] - The loss attributable to the company's owners was HKD 56,400,000, compared to a loss of HKD 10,000,000 in 2023, indicating a significant increase in losses[4] - The basic loss per share attributable to the company's owners was HKD 1.44, up from HKD 0.26 in 2023, reflecting a deterioration in financial performance[4] - The company reported a total comprehensive loss of HKD 56,467,000 for the year ended June 30, 2024, compared to a loss of HKD 10,029,000 in the previous year[153] - The company reported a net loss attributable to the company's owners was HKD 43,811,000, compared to a profit of HKD 389,000 in the previous year[141] - The company's total assets increased to HKD 701,692,000 from HKD 633,609,000, reflecting a growth of approximately 10.7%[145] - The total liabilities increased to HKD 416,455,000 from HKD 307,409,000, marking a rise of about 35.4%[147] - The company’s accumulated losses increased to HKD 315,414,000 as of June 30, 2024, compared to HKD 255,566,000 in 2023, indicating worsening financial performance[153] Revenue Breakdown - Logistics business accounted for approximately 91.7% of total revenue, while private jet management services contributed 6.2%[11] - Revenue from the logistics joint venture reached HKD 456,100,000, compared to HKD 352,100,000 in the previous year, marking a growth of about 30%[10] - Logistics service revenue for the year reached HKD 456,052,000, up from HKD 352,125,000 in the previous year, representing a growth of 29.5%[185] - The group reported a rental income of HKD 5,136,000, a decrease from HKD 6,077,000 in the previous year, reflecting a decline of 15.5%[185] - The group’s private jet management service revenue increased to HKD 32,322,000 from HKD 29,120,000, marking an increase of 7.6%[185] Exploration and Mining Activities - The company holds a mining license covering approximately 7,120 hectares in Mongolia, with ongoing geological exploration activities conducted in collaboration with a technical team[6] - The geological exploration report for the Purple Dragon project was completed in April and May 2024, marking the end of the 2023 exploration work[6] - The exploration efforts in 2023 revealed significant geological features and potential mineralization, particularly in the areas of targets 15 to 18, indicating good prospects for copper and gold deposits[7] - The company is evaluating the feasibility of implementing heap leaching technology at the Purple Dragon project, which could reduce capital expenditures and accelerate project development[7] - A regional geochemical survey conducted in 2023 identified 25 geochemical anomaly areas, expanding the distribution of copper and gold mineralization significantly[7] Governance and Board Structure - The board consists of six executive directors and four independent non-executive directors, ensuring a balanced governance structure[22] - The company has implemented a board diversity policy, considering factors such as gender, age, cultural background, and professional experience[22] - The company has established mechanisms to enhance board independence, including the requirement for at least three independent non-executive directors[24] - The company conducts annual reviews of its board composition to ensure it meets the business's needs for expertise and experience[23] - The company has arranged appropriate directors' and officers' liability insurance to provide indemnity for liabilities incurred in corporate activities[21] Risk Management - The board has established a permanent procedure to identify, assess, and manage significant risks faced by the group[29] - An internal auditor has been appointed to independently audit and assess the adequacy and effectiveness of the group's internal controls[30] - The audit committee will regularly follow up on the implementation of audit recommendations and discuss them with the internal auditor[30] - The company has not identified any instances of employees violating the employee trading guidelines during the fiscal year[20] - The group faces foreign exchange risk primarily related to USD, RMB, and Mongolian Tugrik, with a potential loss of approximately HKD 1,338,000 if RMB appreciates/depreciates by 1% against HKD as of June 30, 2024[164] Employee and Compensation Matters - The company employed a total of 50 full-time employees as of June 30, 2024, down from 63 in 2023[121] - The company’s employee benefit expenses decreased to HKD 38,351,000 from HKD 40,891,000, showing a reduction of approximately 6.2%[142] - The remuneration committee has reviewed and made recommendations on the remuneration policies for all directors and senior management during the fiscal year[37] - The company has appointed an external consultant to review the remuneration levels for directors and senior management[35] Shareholder Communication and Rights - The company has maintained effective communication with shareholders, with no negative feedback received regarding the communication policy during the fiscal year[49] - The board has established a process for shareholders to propose candidates for director elections at general meetings[53] - The company is committed to maintaining transparency and timely disclosure of significant developments to shareholders and investors[49] Financial Instruments and Liabilities - The group has a total of HKD 408,077,000 in financial liabilities due within one year and one to two years combined as of June 30, 2024[174] - The group maintains a prudent liquidity risk management policy, ensuring sufficient cash and cash equivalents to meet operational funding needs[173] - The group’s capital structure is regularly reviewed, balancing debt and equity to optimize returns for shareholders[176] - The group’s largest credit risk comes from trade receivables, with the top five customers accounting for 93% of trade receivables as of June 30, 2024[167] Accounting Policies and Standards - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and have been consistently applied across the reported years[155] - The adoption of new accounting standards effective from July 1, 2023, did not result in any significant changes to the company's accounting policies or have a major impact on the financial statements[159] - The company has changed its accounting policy regarding the offsetting arrangement for long service payments, which will lead to an increase in long service payment liabilities for the fiscal year ending June 30, 2024[162] Environmental and Social Responsibility - The company is committed to environmental sustainability and has implemented internal waste reduction activities[77] - The company has maintained a harmonious and professional work environment for employees, ensuring fair compensation and regular reviews of benefits and safety policies[78]

Financial Performance - Revenue for the fiscal year ending June 30, 2024, increased to HKD 524,823,000, up 31% from HKD 400,723,000 in the previous year[1] - The company reported a net loss of HKD 43,811,000 for the fiscal year, compared to a profit of HKD 389,000 in the previous year[2] - The loss attributable to the owners of the company was HKD 56,467,000, compared to a loss of HKD 10,029,000 in the previous year[2] - The company’s basic and diluted loss per share for the year was HKD 1.44, compared to HKD 0.26 in the previous year[2] - The group reported a total revenue of HKD 7,529,000 for the year ending June 30, 2024, compared to HKD 6,613,000 in the previous year, representing an increase of approximately 13.8%[11] - Logistics service revenue increased to HKD 456,052,000 in 2024 from HKD 352,125,000 in 2023, reflecting a growth of about 29.5%[11] - The group recognized mining sales revenue of HKD 25,027,000 for the first time in 2024, contributing to overall revenue growth[11] - The group’s segment performance showed a total segment profit of HKD 68,499,000 for the year, with logistics services contributing HKD 46,848,000[13] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 701,692,000, an increase from HKD 633,609,000 in the previous year[4] - Total liabilities increased to HKD 416,455,000 from HKD 307,409,000, reflecting higher borrowings and trade payables[5] - The company’s non-current assets in Hong Kong decreased from HKD 251,406,000 in 2023 to HKD 207,310,000 in 2024[20] - Trade receivables rose to HKD 261,930,000, up from HKD 194,492,000 in the previous year, indicating improved collection efforts[4] - Trade payables increased significantly to HKD 32,024,000 in 2024 from HKD 6,284,000 in 2023, reflecting a substantial rise in short-term obligations[40] - As of June 30, 2024, the group's borrowings included HKD 188,934,000 in unsecured factoring loans, an increase of 37.3% from HKD 137,641,000 as of June 30, 2023[15] Operating Costs and Expenses - The company reported a significant increase in direct operating costs for logistics services, rising to HKD 399,335,000 from HKD 297,117,000[1] - The group incurred a fair value loss of HKD 44,112,000 on investment properties during the reporting period[13] - The company incurred financing costs of HKD 7,291,000, with financing income of HKD 413,000, resulting in a net financing cost of HKD 6,878,000[24] - The group’s financing costs totaled HKD 9,859,000, impacting overall profitability[13] - Financing costs increased to HKD 9,900,000 from HKD 7,300,000, primarily due to loans from a director and increased bank unsecured factoring loans[58] Capital Expenditures - Capital expenditures for the logistics segment amounted to HKD 545,000, while the mining exploration segment had capital expenditures of HKD 13,459,000[13] - The company’s capital expenditure for the year was HKD 851,000, with a total of HKD 8,702,000 in allocated capital expenditures[14] - The total capital expenditure authorized but not contracted for exploration activities in Mongolia amounted to HKD 13,124,000, with the company's share being HKD 6,693,000[16] Revenue Sources - Major clients contributed significantly to revenue, with Client A generating HKD 227,343,000 and Client B contributing HKD 212,137,000 for the year ended June 30, 2024[22] - The logistics services segment generated revenue of HKD 352,125,000, while property investment contributed HKD 6,077,000, and mining exploration brought in HKD 29,120,000[14] - The company processed approximately 2,270,000 tons of freight in the fiscal year, indicating robust operational performance[54] - Logistics business accounted for approximately 91.7% of total revenue, while private jet management services contributed 6.2%[56] - The company’s private jet management services revenue increased to HKD 32,322,000 from HKD 29,120,000, indicating a growth of approximately 7.6%[11] Market Conditions - The commercial real estate demand in Hong Kong remained weak, affecting rental income and market conditions[48] - Rental income decreased slightly to HKD 5,136,000 from HKD 6,077,000, reflecting a decline of about 15.5%[11] - Rental income for the year ended June 30, 2024, was HKD 5,136,000, down from HKD 6,077,000 in 2023, while direct operating expenses for investment properties increased slightly from HKD 1,096,000 to HKD 1,147,000[33] Exploration and Development - The company has a mining license in western Mongolia, which was granted for an initial term of 30 years, with the potential for two 20-year extensions[35] - The geological exploration work for the Zilong project was successfully conducted, marking the completion of the 2023 geological exploration report in April and May 2024[49] - The exploration focus in 2023 included identifying volcanic centers and significant copper-gold mineralization over a distance of 5,000 meters, indicating potential for further exploration[51] - The company identified 25 geochemical anomaly areas in the southern licensed region, expanding the distribution of copper and gold mineralization[52] - The company is evaluating the feasibility of heap leaching technology for the Zilong project, which has the potential to reduce capital expenditure and accelerate project development[52] Governance and Compliance - The company has adopted a self-regulatory code for directors' securities trading, which is more lenient than the standard code outlined in the listing rules[70] - The audit committee consists of four independent non-executive directors, with Mr. Liu Wei Biao serving as the chairman, possessing appropriate professional qualifications and knowledge in accounting and financial management[71] - The annual performance announcement will be published on the Hong Kong Stock Exchange and the company's website, with all required information included in the annual report to be sent to shareholders[73] Dividends - The company has no proposed final dividend for the year ending June 30, 2024, compared to no dividend in the previous year[45]

Revenue and Profitability - Revenue for the period reached HKD 239,100,000, an increase from HKD 164,900,000 in the previous year, representing a growth of approximately 45%[6] - The loss attributable to the owners of the company was HKD 27,000,000, compared to a loss of HKD 3,700,000 in the previous year, indicating a significant increase in losses[6] - The company reported a basic and diluted loss per share of HKD 0.69 for the period, compared to HKD 0.09 in the previous year[49] - The net loss for the period was HKD 21,475,000, compared to a profit of HKD 48,000 in the previous year, indicating a significant decline in profitability[49] - The company reported a total comprehensive loss of HKD (26,943) thousand for the six months ended December 31, 2023, compared to a total comprehensive loss of HKD (6,214) thousand in the same period of 2022, reflecting an increase in losses of approximately 334.5%[56] Financial Position - The company's total assets increased to HKD 659,776,000 as of December 31, 2023, up from HKD 633,609,000 as of June 30, 2023[53] - The total liabilities increased to HKD 348,098,000 as of December 31, 2023, compared to HKD 307,409,000 as of June 30, 2023[54] - The company's total equity attributable to owners decreased to HKD 224,556 thousand as of December 31, 2023, from HKD 270,854 thousand at the beginning of the period, a decline of about 17.1%[56] - The company’s asset-liability ratio increased to 41.9% from 37.9% as of June 30, 2023, reflecting a rise in total borrowings[20] Cash Flow and Financing - The total cash and cash equivalents at the end of the period increased to HKD 31,432 thousand, compared to HKD 18,951 thousand at the end of the previous year, marking a growth of approximately 66.5%[55] - The net cash used in operating activities for the six months ended December 31, 2023, was HKD (18,548) thousand, a significant improvement from HKD (117,787) thousand in the same period of 2022, representing a reduction of approximately 84.2%[55] - Financing activities generated a net cash inflow of HKD 37,860 thousand, down from HKD 120,934 thousand in the previous year, indicating a decrease of about 68.7%[55] - The company’s cash inflow from borrowings was HKD 156,086 thousand, up from HKD 121,698 thousand in the previous year, indicating an increase of approximately 28.2%[55] - The company’s cash outflow for repayment of borrowings was HKD (137,641) thousand, compared to HKD (87,305) thousand in the previous year, representing an increase of approximately 57.7%[55] Business Segments - The logistics business generated revenue of HKD 216,400,000, up from HKD 144,300,000, with a freight volume of approximately 1,047,400 tons, an increase from 668,000 tons[14] - The logistics services segment generated revenue of HKD 216,391,000, contributing significantly to the overall revenue, while the property investment segment reported a loss of HKD 19,880,000 due to fair value losses[67][67] Corporate Governance - The board recognizes the importance of maintaining high levels of corporate governance to protect and enhance shareholder interests[41] - The chairman also serves as the CEO, which deviates from the corporate governance code that recommends separation of these roles[41] - The company has adopted and complied with the corporate governance code principles, with noted deviations[41] - The company emphasizes the need for effective strategy formulation and implementation under the current governance structure[41] Share Capital and Ownership - As of December 31, 2023, the total equity held by Mr. Lu is 1,294,809,889 shares, representing 33.00% of the company's issued share capital[28] - Major shareholder Ms. Gu holds 1,294,809,889 shares, which is 33.00% of the issued share capital, and is considered to have interests in shares owned by Mr. Lu[35] - The company has adopted a share option scheme, granting options to eligible participants to subscribe for ordinary shares[36] - The company has a total of 307 million stock options outstanding as of July 1, 2023, with exercise prices ranging from HKD 0.169 to HKD 0.274[39] Employee and Labor Costs - The company employed a total of 61 full-time employees as of December 31, 2023, down from 63 employees as of June 30, 2023[44] - The company’s employee benefits expenses rose to HKD 20,157,000 from HKD 19,172,000, reflecting increased labor costs[48] - The total remuneration for key management personnel for the six months ended December 31, 2023, was HKD 4,936,000, slightly up from HKD 4,886,000 in the same period of 2022[117] Investment and Exploration - The exploration program for the Zilong project in Mongolia was completed on November 10, 2023, with ongoing data processing and modeling[11] - The company invested HKD 11,911 thousand in exploration and evaluation assets, which is a significant increase from HKD 6,551 thousand in the same period last year, reflecting an increase of approximately 81.5%[55] - The group's exploration and evaluation assets increased to HKD 94,905,000 as of December 31, 2023, up from HKD 82,995,000 as of June 30, 2023[88] Miscellaneous - The company did not purchase, sell, or redeem any of its listed securities during the financial period[40] - The company has confirmed an increase in right-of-use assets by HKD 1,987,000 upon renewing a lease agreement with a related company for two years[115] - The group recognized trade receivables of HKD 156,086,000 as of December 31, 2023, which increased from HKD 137,641,000 as of June 30, 2023[93]