Financial Performance - The Group recorded revenue of approximately RMB206.7 million for the year ended 31 December 2020, representing a decrease of approximately 60.1% compared to RMB517.7 million for the year ended 31 December 2019[5] - The Group experienced a gross loss of approximately 6.0% in 2020, compared to a gross profit margin of approximately 2.1% in the previous year[5] - Loss attributable to owners of the Company decreased from approximately RMB287.6 million in 2019 to approximately RMB219.0 million in 2020, representing a decrease of approximately 23.8%[5] - Sales of shoes, clothes, and others contributed revenue of approximately RMB191.4 million in 2020, down from RMB397.8 million in 2019[5] - The average selling price of fabrics decreased by approximately 57.9% to RMB2.4 per meter, down from RMB5.7 per meter in 2019[22] - The average unit cost of fabrics decreased from RMB5.9 per meter in 2019 to RMB5.5 per meter, representing a decrease of 6.8%[22] - The overall gross loss margin for the year ended 31 December 2020 was approximately 6.0%, compared to a gross profit margin of 2.1% in 2019[22] - Cost of sales decreased by 56.8% to approximately RMB219.0 million in 2020 from RMB506.6 million in 2019, aligning with the decrease in turnover[27] - Gross loss for the year was approximately RMB12.3 million, representing a gross loss margin of 6.0%, compared to a gross profit of RMB11.0 million and a margin of 2.1% in 2019[35] - General and administrative expenses increased by 51.4% to approximately RMB101.3 million in 2020, primarily due to inventory impairment losses of approximately RMB19.7 million[41] - Other income surged by 607.2% to approximately RMB40.8 million in 2020, mainly from net foreign exchange gains of approximately RMB39.4 million[43] - Finance costs decreased by 14.2% to approximately RMB126.9 million in 2020 from RMB147.9 million in 2019, attributed to a reduction in average borrowings and interest expenses[43] - Selling and distribution expenses fell by 10.0% to approximately RMB7.4 million in 2020, reflecting decreased transportation charges due to lower sales[36] Business Operations - The Group commenced face mask business during the year, contributing approximately RMB0.3 million in revenue, which was included in the sales of shoes, clothes, and others segment[5] - The Group's production facilities in Fujian province were closed in April 2020 due to the COVID-19 pandemic[5] - The production line in Fujian was shut down in April 2020 due to the impact of COVID-19[22] - The Group's production capacities of fabrics remained similar to the previous year's level, but the utilization rate decreased due to declining sales volume[22] - The Group is engaged in the sales of shoes, clothes, and other products, as well as the manufacturing and sale of fabrics and yarns[198] - The majority of the Group's revenue is derived from two main geographical areas: Mainland China and Korea[198] Financial Position - As of December 31, 2020, current assets decreased to RMB 53.5 million from RMB 120.8 million in 2019, reflecting a decline of approximately 55.7%[49] - Current liabilities increased to RMB 983.3 million in 2020, up from RMB 816.9 million in 2019, representing a rise of about 20.4%[49] - The current ratio dropped significantly to 5.4% in 2020 from 14.8% in 2019, indicating a deterioration in liquidity[49] - The Group had net current liabilities of approximately RMB 929,758,000 and net liabilities of approximately RMB 959,287,000[172] - The Group's bank borrowings amounted to approximately RMB 169,223,000 and bonds of approximately RMB 538,520,000, which are subject to renewal or full repayment within the next twelve months[172] Corporate Governance - The Company has adopted the Corporate Governance Code and complied with applicable code provisions throughout the year, except for code provision A.1.8 regarding insurance cover for Directors[68] - The Board consists of five members, including two executive Directors and three independent non-executive Directors[80] - The independent non-executive Directors represent at least one-third of the Board throughout the Period[81] - The Company has complied with the Listing Rules regarding the appointment of independent non-executive Directors with appropriate professional qualifications[81] - The Acting Chairman, Mr. Lin Guoqin, leads the Board in determining the Group's strategy and objectives[94] - The Company currently does not have a Chief Executive Officer; executive Directors handle daily operations and report to the Board[95] - The Company will review and enhance its corporate governance practices to ensure ongoing compliance with the corporate governance code[74] - The Board has established various committees to delegate responsibilities as outlined in their terms of reference[78] - The Company established a Regulatory Compliance Committee on February 26, 2014, to ensure adherence to compliance standards[118] Risk Management - The Group's exposure to foreign exchange risk is primarily from sales and purchase transactions in Hong Kong, mainly denominated in USD[54] - The consolidated financial statements were prepared on a going concern basis, dependent on successful negotiations with creditors for renewal or extension of existing borrowings[172] - The Group's ability to continue as a going concern is under significant doubt due to its financial condition[172] - Certain internal control deficiencies were identified, and the Group is in the process of locating an internal control advisor to address these issues[178] Employee and Community Engagement - The total workforce decreased to 55 employees as of December 31, 2020, from 350 in 2019, indicating a significant reduction in staff[63] - The Group encourages employee participation in environmental and social activities benefiting the community[199] - The Group is committed to maintaining high environmental and social standards, ensuring compliance with relevant laws and regulations[199] - The Group has a strong commitment to sustainable development through responsible corporate practices[199] Shareholder Relations - The Company emphasizes effective communication with shareholders to enhance investor relations and understanding of business performance and strategies[183] - Shareholder meetings will have separate resolutions for each substantial issue, including the election of individual directors, to safeguard shareholders' rights[183] - All resolutions at shareholder meetings will be voted on by poll, with results posted on the Company's and Stock Exchange's websites[183] - The Company's constitutional documents are accessible on its and the Stock Exchange's websites[183]

Financial Performance - The Group's revenue decreased by 7.3% to approximately RMB 187.5 million for the six months ended June 30, 2020, compared to approximately RMB 202.3 million for the same period in 2019[10]. - Loss attributable to the owners of the Company increased from approximately RMB 47.5 million for the six months ended June 30, 2019, to approximately RMB 74.4 million for the six months ended June 30, 2020[10]. - Loss per share increased from RMB 0.26 for the six months ended June 30, 2019, to RMB 0.31 for the six months ended June 30, 2020[10]. - Revenue for the six months ended June 30, 2020, was RMB 187,494, a decrease of 7.4% compared to RMB 202,348 in 2019[108]. - The company incurred a loss from operations of RMB 38,459,000, compared to a profit of RMB 4,151,000 in the previous year[75]. - The loss before tax was RMB 74,355,000, which is a significant increase from a loss of RMB 47,454,000 in 2019[75]. - The gross profit for the same period was RMB 2,586,000, down 59.9% from RMB 6,444,000 in 2019[75]. - The company reported a total comprehensive loss of RMB (74,355,000) for the period ended June 30, 2020[79]. Revenue Breakdown - Revenue from fabric products dropped significantly from approximately RMB74.6 million to RMB11.4 million, a decrease of approximately 84.7%, due to adverse market conditions and production volume affected by the COVID-19 pandemic[14]. - Revenue from sales of shoes and clothing increased from approximately RMB127.7 million to approximately RMB175.8 million, an increase of about 37.7% driven by higher overseas demand[14]. - Sales of fabrics amounted to RMB 11,358, while sales of shoes and clothes reached RMB 176,136, showing significant growth in the latter category[108]. Cost and Expenses - The Group's cost of sales decreased by 5.6% from approximately RMB195.9 million to approximately RMB184.9 million, aligning with the overall revenue trend[17]. - The gross profit margin decreased from 3.2% for the six months ended 30 June 2019 to 1.4% for the same period in 2020, primarily due to a reduction in the average selling price of fabric products[23]. - Selling and distribution expenses increased by 247.3% from approximately RMB0.8 million to approximately RMB2.6 million, attributed to higher transportation fees from increased export sales of shoes and clothing[27]. - General and administrative expenses increased by 120.5% from approximately RMB12.7 million for the six months ended June 30, 2019, to approximately RMB28.0 million for the six months ended June 30, 2020[29]. Assets and Liabilities - As of June 30, 2020, total assets less current liabilities amounted to RMB (516,456,000), compared to RMB (356,397,000) at the end of 2019[77]. - The company's net liabilities stood at RMB (822,049,000) as of June 30, 2020, compared to RMB (759,788,000) at the end of 2019[77]. - Current liabilities increased to RMB 895,523,000 from RMB 816,853,000 at the end of 2019[76]. - Total liabilities as of June 30, 2020, were RMB 1,201,116,000, up from RMB 1,102,430,000 in the previous year, reflecting an increase of approximately 9%[104]. Cash Flow and Financing - For the six months ended June 30, 2020, the net cash used in operating activities was RMB (23,814,000), a significant decrease compared to RMB 459,000 in the same period of 2019[80]. - Cash flows from investing activities generated a net cash inflow of RMB 68,865,000, primarily due to proceeds from the disposal of property, plant, and equipment amounting to RMB 70,488,000[80]. - The company raised RMB 10,059,000 from the rights issue during the period, contributing to its capital reserves[80]. - The company reported a borrowing raised of RMB 10,810,000 and repayments of borrowings totaling RMB (63,847,000) during the financing activities[80]. Workforce and Operations - The total workforce decreased to 205 as of June 30, 2020, from 350 as of December 31, 2019[40]. - The Group's principal business of fabric and yarn sales has been deteriorating due to the impact of COVID-19, which is expected to significantly affect the global economy in the coming year[44][46]. Corporate Governance - The Company maintained a sufficient public float of at least 25% of its issued share capital as required under the Listing Rules[53]. - The Audit Committee comprises three independent non-executive Directors and is responsible for reviewing the Group's financial reporting process and overseeing risk management[63]. - The Remuneration Committee is responsible for formulating the Group's policy and structure for all remuneration of Directors and senior management[64]. - The Nomination Committee is responsible for reviewing the Board's structure and making recommendations on the appointment and re-appointment of Directors[65]. - The Company has complied with the Corporate Governance Code except for code provision A.1.8 regarding insurance cover for Directors[55][56]. Future Outlook - The Group plans to explore healthy and stable industries through mergers and acquisitions to enhance profitability and improve financial position and cash flow[44][46]. - The Company is working on a debt restructuring scheme, which requires the agreement of the majority of creditors and court orders from Bermuda and Hong Kong[45][46].

Financial Performance - The Group recorded revenue of approximately RMB 517.7 million for the year ended 31 December 2019, representing an increase of approximately 106.5% compared to RMB 250.7 million for the year ended 31 December 2018[5]. - Revenue from sales of shoes and clothes increased from approximately RMB 23.5 million in 2018 to approximately RMB 397.8 million in 2019, representing an increase of 1593.0%[5]. - Revenue from sales of fabrics decreased from approximately RMB 227.2 million in 2018 to approximately RMB 119.9 million in 2019, representing a decrease of 47.2%[5]. - The gross profit margin of the Group's products was approximately 2.1%, an increase from a gross loss margin of approximately 0.02% in the previous year[5]. - Loss attributable to owners of the Company decreased from approximately RMB 369.3 million in 2018 to approximately RMB 287.6 million in 2019, representing a decrease of approximately 22.1%[5]. - The increase in revenue was mainly due to higher sales in shoes and clothing, which began in the fourth quarter of 2018[22]. - The Group's revenue increased by 106.5% from approximately RMB 250.7 million in 2018 to approximately RMB 517.7 million in 2019, primarily due to increased sales volume of shoes and clothes[30]. - The Group incurred a loss of approximately RMB 287,608,000 for the year ended 31 December 2019[160]. - As of 31 December 2019, the Group had net current liabilities of approximately RMB 698,088,000 and net liabilities of approximately RMB 759,788,000[160]. Market Conditions - The ongoing Sino-U.S. economic and trade frictions and the COVID-19 outbreak are expected to negatively impact the global economy and the Group's operations in 2020[8]. - The PRC economy faced structural adjustments with a GDP growth of only 6.1% in 2019, down from 6.6% in 2018[23]. - The aggregate sales of sizeable textile enterprises in the PRC amounted to RMB 2,403.8 billion in 2019, representing a 1.8% decrease year-on-year[23]. - The production volume of fabrics decreased by 12.4% in 2019, totaling 57.56 billion meters[23]. - The textile industry faced challenges due to Sino-U.S. economic and trade frictions, impacting export volumes[23]. - The value of textile products exported from China was approximately US$120.2 billion in 2019, with garment exports at US$151.4 billion, a year-on-year decrease of 4.0%[23]. Business Strategy - The Group plans to explore new business opportunities and continue mergers and acquisitions to enhance profitability and improve financial position amid challenging market conditions in 2020[8]. - The Group aims to diversify its business to improve cash flow and financial stability in the face of adverse market conditions[8]. - The company is focused on expanding its asset management and investment strategies, leveraging the expertise of its directors[182]. - The company is exploring new market opportunities and potential acquisitions to drive growth[186]. Cost and Expenses - The Group's cost of sales increased by 102.1% from approximately RMB 250.7 million in 2018 to approximately RMB 506.6 million in 2019, in line with increased turnover[30]. - Selling and distribution expenses rose by 181.4% from approximately RMB 2.9 million in 2018 to approximately RMB 8.2 million in 2019 due to increased transportation charges related to export sales[38]. - General and administrative expenses decreased by 33.4% from approximately RMB 223.3 million in 2018 to approximately RMB 148.8 million in 2019, mainly due to fewer impairments made during the year[43]. - Other income decreased by 81.1% from approximately RMB 30.6 million in 2018 to approximately RMB 5.8 million in 2019, attributed to a decline in the reversal of impairment losses and government grants received[43]. - Finance costs rose by 43.3% from approximately RMB 103.2 million in 2018 to approximately RMB 147.9 million in 2019, driven by an increase in the average balance of borrowings[43]. Corporate Governance - The Company has complied with the applicable code provisions of the Corporate Governance Code throughout the reporting period, except for code provision A.1.8 regarding insurance cover for Directors[67]. - The Board currently comprises six members, including three executive Directors and three independent non-executive Directors, meeting the requirements of the Listing Rules[80]. - The Company has established various committees, including the Audit Committee, Remuneration Committee, and Nomination Committee, with independent non-executive directors invited to serve on these committees[90]. - The Company has adopted a standard code of conduct for securities trading by directors and employees, ensuring compliance with applicable laws and regulations[81]. - The Company emphasizes the importance of corporate governance practices and compliance with applicable laws and regulations[128]. Board Composition and Diversity - The Board consists of six members, including three executive directors and three independent non-executive directors, with independent non-executive directors accounting for at least one-third of the board[85]. - The Nomination Committee is composed entirely of independent non-executive directors, ensuring a focus on independence and governance[112]. - The company emphasizes the importance of diversity in skills and perspectives within the Board to enhance decision-making[114]. - The company achieved a board diversity policy with measurable objectives, including the inclusion of candidates with overseas working experience and no gender limitations in director selection[129]. - As of the date of the annual report, 1 out of 6 board members has overseas working experience, and 3 out of 6 members possess accounting or other professional qualifications[130]. Internal Control and Audit - The Audit Committee conducted 3 meetings during the year to review financial statements and the effectiveness of the internal control system[151]. - The Audit Committee is responsible for overseeing the relationship with external auditors and making recommendations regarding their appointment[150]. - The Board is responsible for maintaining an adequate internal control system to safeguard shareholder investments and Company assets, with annual reviews supported by the Audit Committee[167]. - Certain internal control deficiencies were identified, and the Group is in the process of locating an internal control advisor to address these issues[167]. Shareholder Relations - The Company emphasizes effective communication with shareholders to enhance investor relations and understanding of business performance and strategies[170]. - All resolutions at shareholder meetings will be voted on by poll, with results posted on the Company's and Stock Exchange's websites[172]. - The Company Secretary is a full-time employee, ensuring proper governance and communication with shareholders[167].

Financial Performance - The company's revenue increased by 50.86% to approximately RMB 202.3 million for the six months ended June 30, 2019, compared to RMB 134.1 million for the same period in 2018[8]. - The loss attributable to owners of the company decreased to approximately RMB 47.5 million, down from RMB 60.0 million in the previous year[8]. - The gross profit rose from RMB 2.7 million to RMB 6.4 million, primarily due to the profitability from the new footwear and apparel segment[10]. - The gross margin improved from 2.0% to 3.2%, driven by higher gross margins from the new footwear and apparel segment[11]. - The group reported revenue of RMB 202,348,000 for the six months ended June 30, 2019, compared to RMB 134,098,000 for the same period in 2018, representing a year-over-year increase of 50.9%[62]. - The net loss attributable to the owners of the company for the six months ended June 30, 2019, was RMB 47,454,000, with a basic loss per share of RMB 0.26, compared to a loss of RMB 62,883,000 and a loss per share of RMB 0.40 in 2018[62]. - The group incurred a loss before tax of RMB 47,454,000 for the six months ended June 30, 2019, compared to a loss of RMB 62,883,000 for the same period in 2018, indicating an improvement[120]. Revenue Breakdown - Revenue from the multi-fiber woven series decreased from RMB 100.6 million to RMB 59.0 million, mainly due to a decline in product demand[14]. - The blended series revenue dropped from RMB 23.6 million to RMB 13.7 million, attributed to a decrease in product demand from 3,740.0 km to 2,154.8 km[14]. - The elastic series revenue fell from RMB 3.6 million to RMB 1.2 million, primarily due to a drop in average selling price from RMB 10.2 per meter to RMB 5.1 per meter[16]. - The pure cotton series revenue decreased from RMB 6.3 million to RMB 0.7 million, with product demand dropping from 952.6 km to 132.1 km[16]. - The group’s gross profit from fabric sales was RMB 1,089,000, while the gross profit from footwear and apparel sales was RMB 5,355,000, totaling RMB 6,444,000 for the reporting period[110]. Expenses and Costs - General and administrative expenses increased by 14.4% from approximately RMB 111 million to approximately RMB 127 million, accounting for 8.3% and 6.3% of the group's revenue for the respective periods[17]. - Financing costs rose from approximately RMB 498 million to approximately RMB 516 million, primarily due to an increase in average borrowings for general working capital[19]. - The group’s financing costs totaled RMB 51,605,000 for the six months ended June 30, 2019, compared to RMB 49,829,000 for the same period in 2018[117]. Cash Flow and Liquidity - Cash and cash equivalents increased to approximately RMB 33 million from approximately RMB 14 million, mainly due to an increase in bond issuance of approximately RMB 408 million[23]. - Cash and cash equivalents at the end of the period were RMB 3,263,000, a decrease from RMB 28,602,000 at the end of the previous year, indicating liquidity challenges[72]. - The company reported a net cash inflow from operating activities of RMB 459,000, a significant recovery from a cash outflow of RMB 25,952,000 in the prior year[72]. - The financing activities generated a net cash inflow of RMB 1,790,000, a decrease from RMB 53,113,000 in the previous year, highlighting reduced financing activities[72]. Assets and Liabilities - Total assets less current liabilities amounted to RMB (239,432,000) as of June 30, 2019, compared to RMB (179,379,000) at the end of 2018, indicating a deterioration in the financial position[64]. - Non-current assets were valued at RMB 359,351,000, down from RMB 373,734,000 at the end of 2018, reflecting a decline in long-term asset value[64]. - The company’s total liabilities increased to RMB 822,200,000 from RMB 722,576,000, indicating rising financial obligations[67]. - The group’s total assets amounted to RMB 582,768,000 as of June 30, 2019, with total liabilities of RMB 1,102,430,000[112]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per the listing rules, except for certain provisions[49]. - The audit committee consists of two independent non-executive directors, with Mr. Zhou Runzhang serving as the chairman[54]. - The company is actively seeking suitable candidates to fill vacancies in the board and committees following recent resignations[51]. - The company has adopted the standard code for securities transactions by directors and confirmed compliance during the review period[53]. Shareholder Information - As of June 30, 2019, Mr. Lin Qingxiong holds 279,600,000 shares in the company, representing approximately 15.03% of the company's equity[40]. - Mr. Lin Qingxiong also has beneficial ownership of 10,840,000 shares, accounting for about 0.58% of the company's equity[40]. - The company maintains a sufficient public float, with at least 25% of its issued share capital held by the public as of the report date[46]. - There are no other individuals, apart from those disclosed, holding 5% or more of the issued share capital as of June 30, 2019[45]. Accounting Policies and Standards - The company adopted the International Financial Reporting Standard 16 (IFRS 16) for leases, recognizing a right-of-use asset of RMB 1,016,000 as of January 1, 2019[82]. - The lease liabilities recognized under IFRS 16 amounted to RMB 1,044,000 as of January 1, 2019[83]. - The cumulative loss as of January 1, 2019, was adjusted to RMB (1,260,757,000) due to the adoption of IFRS 16[83]. - The company reported no significant changes in accounting policies or financial statement presentation due to the adoption of new and revised IFRS standards[77].

Financial Performance - The Group recorded revenue of approximately RMB250.7 million for the year, representing a decrease of approximately 7.8% year-on-year[6]. - Loss attributable to owners of the Company decreased significantly from approximately RMB732.8 million in 2017 to approximately RMB369.3 million in 2018, representing a decrease of approximately 49.6%[6]. - The company reported a significant increase in revenue, achieving a total of $150 million for the fiscal year, representing a 25% growth compared to the previous year[18]. - The Group recorded revenue of approximately RMB250.7 million for the year ended 31 December 2018, representing a decrease of approximately 7.8% compared to RMB271.9 million in 2017[41]. - The Group incurred a loss of approximately RMB369,281,000 for the year ended 31 December 2018[187]. - For the year ended December 31, 2018, the Group incurred a loss of approximately RMB 369,281,000[190]. Sales and Revenue Trends - Sales of fabrics decreased from approximately RMB271.9 million in 2017 to approximately RMB227.2 million in 2018[6]. - Clothes trading to Asian countries is expected to grow continuously in the forthcoming year[13]. - The average selling price of fabrics decreased by approximately 22.4% to RMB5.9 per meter in 2018, down from RMB7.6 per meter in 2017[33]. - The average unit cost of fabrics decreased significantly from RMB8.06 per meter in 2017 to RMB5.90 per meter in 2018, representing a decrease of 26.8%[33]. - The gross loss margin improved from 6.1% in 2017 to 0.02% in 2018, despite a decrease in selling prices[33]. - The group's revenue decreased by 7.8% from approximately RMB271.9 million in 2017 to approximately RMB250.7 million in 2018, primarily due to a decline in fabric product revenue from RMB271.9 million to RMB227.2 million[45]. Business Development and Strategy - The Group commenced a new business of shoes and clothes trading in Q4 2018, contributing approximately RMB23.5 million in sales[6]. - The management aims to develop new potential businesses to enhance the Group's income and overall performance[12]. - The Group plans to focus on expanding its domestic market presence and entering overseas trading markets in 2019[39]. - The Group aims to enhance profitability by optimizing its existing product portfolio and developing new products that meet market demand[39]. - The Group's management will strive for more resources from the market to support its operations and relieve the current difficult position[12]. Cost Management and Expenses - The gross margin improved to 60%, up from 55% in the previous year, indicating better cost management[18]. - Selling and distribution costs increased by 38.1% from approximately RMB2.1 million in 2017 to approximately RMB2.9 million in 2018, mainly due to increased freight outward charges[48]. - General and administrative expenses decreased significantly by 63.2% from approximately RMB606.8 million in 2017 to approximately RMB223.3 million in 2018, primarily due to fewer impairments made during the year[49]. - Research and development expenses increased to $10 million, reflecting a 40% investment in new technologies[18]. Corporate Governance - The Company complied with the Corporate Governance Code throughout 2018, except for code provision A.1.8 regarding insurance cover for Directors[94]. - The Company is committed to enhancing its corporate governance practices to meet the requirements of the Corporate Governance Code[96]. - The Company has adopted the Corporate Governance Code as its own code of corporate governance, ensuring transparency and accountability in its operations[92]. - The board consists of six members, including three executive directors and three independent non-executive directors, meeting the listing rules requirements[102]. - The Company aims to maintain high levels of corporate governance to safeguard shareholder interests and enhance corporate value[93]. Financial Position and Liabilities - As of 31 December 2018, the Group had net current liabilities of approximately RMB575,778,000 and net liabilities of approximately RMB472,180,000[187]. - The Group's bank borrowings of approximately RMB133,692,000 were overdue as of 31 December 2018[187]. - The Group's bonds of approximately RMB326,797,000 are subject to renewal or full repayment within the next twelve months[187]. - The Group's ability to continue as a going concern is dependent on successful negotiations with creditors for loan renewals or extensions[190]. Board and Management Structure - The Company does not currently have a Chief Executive Officer, with responsibilities for daily operations delegated to executive directors[113]. - The board has established various committees, including the Audit Committee, Remuneration Committee, and Nomination Committee, to enhance governance[108]. - The Nomination Committee consists of three independent non-executive Directors, with Mr. Lin Yugang serving as the chairman[136]. - The primary duties of the Nomination Committee include reviewing the Board structure, developing nomination procedures, and assessing the independence of independent non-executive Directors[137]. Shareholder and Employee Relations - The Company emphasizes competitive remuneration schemes and discretionary bonuses based on individual and Group performance to attract and retain talent[87]. - The Company aims to achieve Board diversity, with measurable objectives including the inclusion of candidates with overseas experience and no gender limitations in Director selection[154]. - The Company held two Board meetings during the year to discuss overall strategy and financial performance[128].