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 | | 2025年8月31日 | | --- | --- | | 截至月份: | 狀態: 新提交 | 致：香港交易及結算所有限公司 公司名稱: 天璽曜11有限公司 呈交日期: 2025年9月3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) | 01010 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | ...

公告称，收益主要来自集团的核心业务，即集成电路及半导体零件的设计及销售。 天玺曜11(01010)发布截至2025年6月30日止6个月的中期业绩，该集团取得收益1611.6万港元，同比增加 1%;公司拥有人应占亏损3091.1万港元，同比增加28.12%;每股基本亏损6.96港仙。 ...

智通财经APP讯，天玺曜11(01010)发布截至2025年6月30日止6个月的中期业绩，该集团取得收益1611.6 万港元，同比增加1%;公司拥有人应占亏损3091.1万港元，同比增加28.12%;每股基本亏损6.96港仙。 公告称，收益主要来自集团的核心业务，即集成电路及半导体零件的设计及销售。 ...

Financial Performance - The company reported revenue of HKD 16,116,000 for the six months ended June 30, 2025, representing a slight increase of 1% compared to HKD 15,957,000 in the same period last year[3]. - Gross profit for the same period was HKD 11,448,000, up from HKD 11,328,000, indicating a year-on-year increase of approximately 1.06%[3]. - The company incurred a loss before tax of HKD 30,911,000, compared to a loss of HKD 24,126,000 in the previous year, reflecting an increase in losses of about 28.5%[3]. - Basic and diluted loss per share increased to HKD 6.96 from HKD 5.43, marking a year-on-year increase of approximately 28.3%[3]. - Total comprehensive loss for the period was HKD 28,827,000, compared to HKD 26,429,000 in the previous year, indicating an increase of about 9.06%[5]. - The operating loss for the six months ended June 30, 2025, was HKD 30,920,000, compared to an operating loss of HKD 24,152,000 for the same period in 2024, indicating a deterioration of 28%[13][15]. - The group reported a pre-tax loss of HKD 30,911,000 for the six months ended June 30, 2025, compared to a pre-tax loss of HKD 24,126,000 for the same period in 2024, reflecting an increase in losses of 28%[13][15]. - The loss attributable to equity holders for the six months ended June 30, 2025, was approximately HKD 30.9 million, an increase from HKD 24.1 million for the same period in 2024, mainly due to a fair value loss on investment properties of approximately HKD 18.6 million[53]. Assets and Liabilities - As of June 30, 2025, the company's total assets less current liabilities amounted to HKD (156,317,000), a decrease from HKD (127,330,000) at the end of the previous year[6]. - The company reported cash and cash equivalents of HKD 26,979,000, down from HKD 28,499,000, reflecting a decrease of approximately 5.34%[6]. - The company has significant uncertainties regarding its ability to continue as a going concern, with net current liabilities of HKD 173,058,000 as of June 30, 2025[9]. - The group had total assets of HKD 207,652,000 and total liabilities of HKD 364,464,000 as of June 30, 2025[13]. - The group's debt ratio as of June 30, 2025, was 65.4%, up from 54.8% as of December 31, 2024, attributed to the group's net debt situation[56]. Cash Flow and Receivables - As of June 30, 2025, accounts receivable (net of loss provisions) totaled HKD 25,611,000, a decrease from HKD 26,522,000 as of December 31, 2024[29]. - The group's notes receivable amounted to HKD 5,148,000 as of June 30, 2025, compared to HKD 3,997,000 as of December 31, 2024, indicating an increase of approximately 29%[30]. - Prepayments and other receivables totaled HKD 48,075,000 as of June 30, 2025, slightly down from HKD 48,964,000 as of December 31, 2024[31]. - Cash and cash equivalents decreased to HKD 20,815,000 as of June 30, 2025, from HKD 22,416,000 as of December 31, 2024[32]. - The group faced a cash freeze of approximately HKD 6,164,000 due to a court ruling related to a supplier's loan default[33]. - As of June 30, 2025, the group's bank cash was approximately HKD 27.0 million, a slight decrease from HKD 28.5 million as of December 31, 2024, with approximately HKD 6.2 million in cash deposits frozen due to a court ruling[54]. Operational Challenges - The business environment remains challenging, with no yacht sales recorded during the first half of 2025 due to low consumer sentiment and cautious investor behavior[39]. - The group is focusing on maintaining core businesses that generate reliable returns while seeking opportunities to enhance revenue and profitability[40]. - The group has implemented decisive reform measures to adapt to the complex business environment and improve operational efficiency[40]. - The private jet management segment reported no revenue for the six months ended June 30, 2025, and 2024, due to customer attrition and changes in travel behavior post-COVID-19[44]. - The yacht business faced challenges with no revenue recorded for the six months ended June 30, 2025, and a segment loss of approximately HKD 0.1 million, compared to a loss of HKD 14.3 million for the same period in 2024[45]. - The economic conditions in Saipan remain challenging, with tourism numbers at only half of pre-pandemic levels, impacting the local economy significantly[47]. Strategic Initiatives - The company plans to closely monitor and manage administrative expenses and future capital expenditures to improve its financial situation[9]. - A shareholder has agreed to provide financial support to ensure the company can meet its obligations in the foreseeable future[9]. - The group is exploring various strategies to enhance its yacht business, including transitioning to a light-asset, service-oriented model to mitigate risks[45]. - Management is committed to ongoing reforms and strategic initiatives to diversify the business and adapt to changing market conditions[50]. - Management is considering all possible options for the Saipan real estate assets, including potential sales to reallocate resources to higher-return investments[47]. Shareholder Information - As of June 30, 2025, the company had issued a total of 444,294,170 shares, with a shareholder deficit of approximately HKD 156.8 million[58]. - Major shareholders hold the following interests: Arrab Chalid and LLOYDS INVESTMENT GROUP FZCO each hold 68,500,000 shares, representing 15.42% of the total shares[78]. - Duan Hongtao holds 52,321,012 shares through Zhongying International Holdings Group Limited, representing 11.78% of the total shares[78]. - Chang Jung Yu holds 32,270,000 shares through Global Kingnature Limited, representing 7.26% of the total shares[78]. - The total number of issued shares as of June 30, 2025, is 444,294,170[78]. Governance and Compliance - The company faced challenges in complying with the listing rules regarding the number of independent non-executive directors and audit committee members, currently having only two independent non-executive directors[66]. - The audit committee, consisting of two independent non-executive directors, reviewed the interim results for the six months ending June 30, 2025[82]. - The unaudited interim results for the six months ending June 30, 2025, have been published on the Hong Kong Stock Exchange and the company's website[83]. - The company has adopted the standard code for securities transactions by directors and confirmed compliance as of June 30, 2025[76]. - There were no changes in the interests of directors and senior management in the company's shares or related securities as of June 30, 2025[77].

格隆汇8月19日丨天玺曜11(01010.HK)公告，于2025年8月28日(星期四)举行董事会会议，以(其中包括) 考虑及酌情批准刊发集团截至2025年6月30日止6个月的未经审核中期业绩及考虑建议派发中期股息(如 有)。 ...

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，概不對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。 承董事會命 董事會會議召開日期 香港，二零二五年八月十九日 於本公佈日期，本公司董事會由四名董事組成。執行董事為李微娜女士及彭鎮城先 生；而獨立非執行董事則為程晴女士及王翔弘先生。 天璽曜11有限公司（「本公司」及其附屬公司「本集團」）董事會（「董事會」）茲通告謹定 於二零二五年八月二十八日（星期四）舉行董事會會議，以（其中包括）考慮及酌情批 准刊發本集團截至二零二五年六月三十日止六個月的未經審核中期業績及考慮建 議派發之中期股息（如有）。 天璽曜11有限公司 執行董事 天璽曜11有限公司 李微娜 （股份代號：1010） （前稱Balk 1798 Group Limited 巴克1798集團有限公司） （於百慕達註冊成立之有限公司） ...

致：香港交易及結算所有限公司 公司名稱: 天璽曜11有限公司 呈交日期: 2025年8月4日 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 | | | 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) | 01010 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 ...

Financial Performance - The company reported a revenue of HKD 1.2 billion for the fiscal year 2024, representing a 15% increase compared to the previous year[2]. - The company reported a net profit margin of 12%, up from 10% in the previous year[2]. - The company recorded revenue of approximately HKD 36.0 million for the year ended December 31, 2024, a decrease of 68.4% compared to HKD 114.0 million for the year ended December 31, 2023[23]. - The annual loss for the year ended December 31, 2024, was approximately HKD 165.1 million, significantly increasing from a loss of approximately HKD 46.4 million for the year ended December 31, 2023[23]. - The company reported a loss attributable to equity holders of approximately HKD 165.1 million for the year ended December 31, 2024, compared to a loss of HKD 46.4 million in 2023[49]. - The company aims to maintain core businesses that can generate reliable returns and have competitive advantages while seeking opportunities to enhance revenue and profitability[22]. Market and User Growth - User data showed a growth of 25% in active users, reaching 500,000 by the end of the fiscal year[2]. - Market expansion efforts have led to a 20% increase in market share in the Asia-Pacific region[2]. - New product launches contributed to 30% of total revenue, with three major products introduced in the last quarter[2]. - The company provided a forward guidance of 10% revenue growth for the next fiscal year, projecting revenues to reach HKD 1.32 billion[2]. Cost Management and Expenses - Operating expenses were reduced by 5% through cost optimization strategies implemented during the year[2]. - General and administrative expenses decreased to approximately HKD 39.4 million for the year ended December 31, 2024, down from approximately HKD 61.5 million for the year ended December 31, 2023[23]. - Sales and distribution costs decreased to zero for the year ended December 31, 2024, down from approximately HKD 7.1 million for the year ended December 31, 2023[23]. - Operating expenses for the year ended December 31, 2024, totaled approximately HKD 39.4 million, down from HKD 68.6 million in 2023, primarily due to a significant reduction in general office expenses and professional fees[48]. Business Segments and Performance - The main businesses for the company include integrated circuit and semiconductor component design and sales, private jet management, and manufacturing and sales of yachts and related businesses[22]. - The integrated circuit and semiconductor segment recorded revenue of approximately HKD 31.0 million for the year ending December 31, 2024, up from HKD 25.2 million in 2023, but incurred a loss of HKD 0.1 million compared to a loss of HKD 0.6 million in the previous year[31]. - The yacht business reported revenue of approximately HKD 5 million for the year ending December 31, 2024, down from HKD 88.8 million in 2023, with a significant loss of HKD 139.8 million compared to a loss of HKD 7.4 million in the previous year[36]. - The private jet management segment reported no revenue for the year ending December 31, 2024, but recognized a recovery of HKD 4.8 million from accounts receivable impairment, compared to a loss of HKD 5.4 million in 2023[32]. Strategic Initiatives - The company is investing HKD 200 million in R&D for new technologies aimed at enhancing user experience[2]. - The company is exploring potential acquisitions to further strengthen its market position, with a focus on tech startups[2]. - A new strategic partnership was formed with a leading tech firm to co-develop innovative solutions[2]. - The group plans to shift from a capital-intensive business model to a light-asset, service-oriented model to mitigate business risks in the yacht sector[36]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to ESG initiatives and has established a governance framework to assess and manage ESG-related risks and opportunities[79]. - The company aims to achieve a greenhouse gas emission density of 0.56 tons of CO2 equivalent per employee by the fiscal year 2024[91]. - The company has set an energy consumption density target of 1.13 megawatt-hours per employee for the fiscal year 2024[91]. - The company plans to maintain a waste generation density of 2.86 tons per employee by the fiscal year 2024[91]. - Total greenhouse gas emissions for the fiscal year 2024 are reported at 20.26 tons of CO2 equivalent, a decrease from 53.58 tons in the previous fiscal year[97]. Employee and Workforce Management - The total number of employees as of December 31, 2024, was approximately 36, down from 42 in 2023, with total employee benefit expenses amounting to approximately HKD 27.8 million, compared to HKD 30.3 million in 2023[66]. - Overall employee turnover rate for FY2024 was 17%, with male turnover at 11% and female turnover at 24%[121]. - Employee satisfaction and morale are supported by competitive compensation and benefits, including mandatory social insurance in China and MPF contributions in Hong Kong[122]. - The company provided approximately 30 hours of training during the reporting period, with an average training time of 0.83 hours per trained employee[131]. Compliance and Governance - The company has maintained compliance with relevant laws and regulations, with no significant violations reported during the fiscal year[175]. - The company has implemented measures to ensure compliance with anti-corruption policies and has provided training to directors and employees[167]. - The company has a remuneration policy for employees that is regularly reviewed by the board, considering contributions, qualifications, and market conditions[179]. - The company has not reported any significant violations of employment-related laws that would have a major impact on its operations[117].

Financial Performance - The company reported total revenue of HKD 36,034,000 for the year ending December 31, 2024, a decrease of 68.4% compared to HKD 113,970,000 in 2023[3]. - The gross profit for the year was HKD 21,626,000, down 53.1% from HKD 46,088,000 in the previous year[3]. - The company incurred a loss before tax of HKD 164,565,000, compared to a loss of HKD 44,254,000 in 2023, representing a significant increase in losses[3]. - The total comprehensive loss for the year amounted to HKD 165,229,000, compared to HKD 50,144,000 in the prior year, indicating a worsening financial position[4]. - The group reported a net loss attributable to equity holders of approximately HKD 165.1 million for the year ending December 31, 2024, compared to a loss of HKD 46.4 million in 2023[63]. - The company recorded an annual loss of approximately HKD 165.1 million for the fiscal year ending December 31, 2024, significantly increasing from a loss of approximately HKD 46.4 million in the previous year[49]. Assets and Liabilities - Current liabilities totaled HKD 354,921,000, slightly down from HKD 362,668,000 in 2023, while the net current liabilities increased to HKD 162,763,000[5]. - The company has a negative equity of HKD 127,985,000 as of December 31, 2024, compared to HKD 2,979,000 in 2023, indicating a deteriorating financial health[5]. - The group has a total asset value of HKD 227,591,000 and total liabilities of HKD 355,576,000[26]. - The group has an outstanding loan amount of approximately HKD 124.7 million as of December 31, 2024, compared to none in 2023[65]. - The debt ratio as of December 31, 2024, is 54.8%, attributed to the group's net debt situation, compared to zero in 2023[67]. Cash Flow and Liquidity - The company's cash and cash equivalents decreased to HKD 28,499,000 from HKD 69,107,000 in the previous year, reflecting liquidity challenges[5]. - Cash and cash equivalents as of December 31, 2024, totaled HKD 22.4 million, compared to HKD 21.7 million as of December 31, 2023[44]. - The company’s cash balance in frozen bank accounts decreased from approximately HKD 47.5 million to HKD 6.1 million due to a court ruling affecting a supplier[43]. - The group will continue to extend most of its maturing short-term interest-bearing borrowings in the foreseeable future[13]. Revenue Segmentation - The integrated circuit and semiconductor segment generated revenue of approximately HKD 31.0 million in 2024, up from HKD 25.2 million in 2023, but still faced competitive pressure on profit margins[54]. - The integrated circuit and semiconductor parts design and sales contributed 86% of total revenue, up from 22% in the previous year, while yacht manufacturing and sales accounted for 14%, down from 78%[61]. - Revenue from external customers for integrated circuits reached HKD 25,198 thousand, while yacht sales generated HKD 88,772 thousand, totaling HKD 113,970 thousand for the year ended December 31, 2023[27]. - Total revenue from customer contracts for integrated circuits in 2024 was HKD 31,034 thousand, up from HKD 25,198 thousand in 2023, while yacht sales dropped to HKD 5,000 thousand from HKD 88,772 thousand[31]. Impairment and Provisions - The company reported a significant increase in financial asset impairment losses, totaling HKD 69,616,000 compared to HKD 5,990,000 in 2023[3]. - The impairment losses recognized for accounts receivable and inventory amounted to approximately HKD 67.5 million and HKD 58.7 million, respectively, for the fiscal year ending December 31, 2024[49]. - The group recorded an impairment provision of HKD 58,657,000 for inventory[26]. - The company recorded a significant increase in inventory impairment provisions, rising to HKD 58,657 thousand in 2024 from HKD 14,529 thousand in 2023[34]. Operational Segments - The group has five reportable operating segments, including integrated circuits design and sales, private jet management, yacht manufacturing, real estate investment, and corporate functions[22][23]. - The group recorded a segment loss of approximately HKD 139.8 million in the yacht business for the year ending December 31, 2024, compared to a loss of HKD 7.4 million in 2023[57]. - The group has no recorded revenue from real estate investments for the year ending December 31, 2024, resulting in a segment loss of approximately HKD 1.8 million, slightly higher than the loss of HKD 1.5 million in 2023[58]. Shareholder and Corporate Actions - A shareholder has agreed to provide financial support for the company's ongoing operations, ensuring the ability to meet upcoming debt obligations[13]. - The group successfully placed 74,049,028 new shares, representing approximately 16.67% of the issued share capital, at a price of HKD 0.56 per share on January 17, 2024[64]. - The company issued a total of 444,294,170 shares as of December 31, 2024, after issuing 74,049,028 new shares for general working capital and business development[69]. - The company has not proposed any final dividend for the year ending December 31, 2024, consistent with no dividends in 2023[77]. Management and Governance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2024[92]. - The audit committee consists of independent non-executive directors, ensuring oversight of the financial reporting process[90]. - The company has adopted the standard code for securities transactions by directors, confirming compliance as of December 31, 2024[87]. - The board expresses gratitude to the management team, employees, shareholders, and partners for their continued support[96]. Market Conditions - The global yacht sales market saw a decline, with new and second-hand yacht demand decreasing by 19% year-on-year, and total yacht transaction value dropping by 10%[51]. - The company aims to allocate more resources to the yacht business and other higher-margin new developments in response to increasing competition in the integrated circuit market[54]. - The group plans to transition from a capital-intensive business model to a light-asset, service-oriented model in the yacht business to mitigate risks[57]. - The group will continue to monitor market conditions and explore opportunities for collaboration and potential acquisitions to enhance financial performance and operational efficiency[57].

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 36,034,000, a decrease of 68.4% compared to HKD 113,970,000 in the previous year[3] - The company incurred a gross loss of HKD 14,408,000, leading to a total loss before tax of HKD 164,565,000, which is a significant increase from the previous year's loss of HKD 44,254,000[3] - The net loss for the year was HKD 165,113,000, compared to a net loss of HKD 46,447,000 in the prior year, reflecting a year-over-year increase of 255.5%[3] - The group reported external customer revenue of HKD 36,034,000, with a significant loss in the yacht business amounting to HKD 139,882,000[26] - The group incurred a total operating loss of HKD 164,699,000 for the year, with specific losses in the yacht business and real estate investment segments[26] - The group recorded a segment loss of approximately HKD 139.8 million in the yacht business for the year ending December 31, 2024, compared to a loss of HKD 7.4 million in 2023[57] - The group experienced an annual loss attributable to equity holders of approximately HKD 165.1 million for the year ending December 31, 2024, compared to a loss of HKD 46.4 million in 2023[63] Financial Position - The company's total current liabilities amounted to HKD 354,921,000, with a net current liability of HKD 162,763,000, indicating financial strain[5] - Cash and cash equivalents decreased to HKD 28,499,000 from HKD 69,107,000, representing a decline of 58.8%[5] - The company's equity attributable to owners decreased to HKD 44,429,000 from HKD 37,025,000, while accumulated losses rose to HKD 307,972,000 from HKD 142,859,000[5] - The group has a total asset value of HKD 227,591,000 and total liabilities of HKD 355,576,000, reflecting a leveraged financial position[26] - The group has an outstanding loan amount of approximately HKD 124.7 million as of December 31, 2024, compared to none in 2023[65] - The debt ratio as of December 31, 2024, is 54.8%, attributed to the group's net debt situation, compared to zero in 2023[67] - As of December 31, 2024, the group's net current liabilities and net liabilities were approximately HKD 162,763,000 and HKD 127,985,000, respectively[93] Cash Flow and Liquidity - Cash and cash equivalents amounted to HKD 22.4 million as of December 31, 2024, compared to HKD 21.7 million in the previous year[44] - The company faced a decrease in cash from frozen bank accounts, which dropped from approximately HKD 47.5 million to HKD 6.1 million due to a court ruling[43] - The accounts payable over three months stood at HKD 99.9 million as of the reporting year-end, slightly decreasing from HKD 101.1 million in the previous year[45] - The group recorded a significant reduction in operating expenses to approximately HKD 39.4 million for the year ending December 31, 2024, down from HKD 68.6 million in 2023[62] Business Operations - The company is engaged in integrated circuit and semiconductor component design and sales, private jet management services, and yacht manufacturing and sales[7] - The integrated circuit and semiconductor segment generated revenue of approximately HKD 31.0 million, up from HKD 25.2 million in the previous year[54] - The global yacht sales market saw a decline of 19% in demand for new and used yachts compared to the previous year[51] - The company plans to focus more resources on the yacht business and other higher-margin new developments due to increasing competition in the integrated circuit market[54] - The group plans to closely monitor and manage administrative expenses and future capital expenditures to improve financial stability[13] Impairment and Provisions - The company reported a significant increase in financial asset impairment losses, totaling HKD 69,616,000, compared to HKD 5,990,000 in the previous year[3] - The company recorded a net impairment provision for inventories of HKD 58,657 thousand in 2024, compared to HKD 14,529 thousand in 2023, indicating increased challenges in inventory management[34] - The company reported impairment losses of approximately HKD 67.5 million on receivables and HKD 58.7 million on inventory for the year ending December 31, 2024[49] Future Outlook and Plans - The board believes that the company has sufficient financial resources to meet its obligations for at least the next fifteen months based on projected cash flows[11] - The group continues to assess its operational funding needs, projecting sufficient working capital for at least the next fifteen months[13] - A shareholder has agreed to provide financial support for the company's ongoing operations, ensuring the ability to meet upcoming debt obligations[13] - The company aims to enhance its revenue base and profitability by reallocating resources to promising business areas[52] Corporate Governance and Compliance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2024[92] - The audit committee consists of two independent non-executive directors as of December 31, 2024[90] - The company has adopted the standard code for securities transactions by directors as per the listing rules[87] - The company maintained sufficient public float as required by listing rules for the year ended December 31, 2024[88] Shareholder Information - The company did not declare or recommend any dividends for the year ended December 31, 2024, consistent with 2023[38] - The company has not proposed any final dividend for the year ending December 31, 2024, consistent with no dividends in 2023[77] - The annual report for 2024 will be sent to shareholders and published on the stock exchange website[94] - The date for the annual general meeting will be announced in due course[95] Changes and Developments - The company has undergone a name change from "Balk 1798 Group Limited" to "Sky Blue 11 Company Limited" effective January 17, 2024[83] - The company maintained its operational focus despite significant challenges in the yacht business and integrated circuit market[54] - There were no significant acquisitions or disposals of subsidiaries or associates during the year ending December 31, 2024[71] - The company has not pledged any assets as of December 31, 2024, consistent with the previous year[70]