香港交易及結算所有限公司及香港聯合交易所有限公司對本通告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對本通告全部或任何部份內容而產生或因依賴該等內容而 引致之任何損失承擔任何責任。 Kato (Hong Kong) Holdings Limited 嘉 濤（香港）控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2189） 股東週年大會通告 茲通告嘉濤（香港）控股有限公司（「本公司」）謹訂於二零二五年九月十日（星期三） 下午五時正假座香港新界荃灣柴灣角街30–32號京華工廠貨倉大廈3樓B室舉行股東週年 大會，以便處理下列事項： 普通決議案 – 1 – 1. 考慮及採納截至二零二五年三月三十一日止年度之本公司經審核綜合財務 報表及本公司董事（「董事」）會報告及獨立核數師報告； 2. (a) 重選柯衍峰先生為獨立非執行董事； (b) 重選胡頴芳女士為獨立非執行董事； (c) 重選王俊傑先生為獨立非執行董事。 3. 授權董事會（「董事會」）釐定截至二零二六年三月三十一日止年度的董事薪酬； 4. 宣派截至二零二五年三月三十一日止年度的末期股息每股股份2.0港仙； 5. 續聘羅兵咸永道 ...

此乃要件 請即處理 閣下對本通函任何內容或應採取之行動如有任何疑問，應諮詢 閣下之持牌證券交易商、銀行 經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下嘉濤（香港）控股有限公司全部股份，應立即將本通函及隨附之代表委 任表格送交買主或承讓人，或經手買賣或轉讓之銀行、持牌證券交易商或其他代理商，以便轉 交買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本通函全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 Kato (Hong Kong) Holdings Limited 嘉 濤（香港）控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2189） 建議 (1) 授出發行及購回股份之一般授權； (2) 擴大發行授權； (5) 續聘獨立核數師； (6) 修訂組織章程細則及採納新訂組織章程細則； 及 股東週年大會通告 本公司謹訂於二零二五年九月十日（星期三）下午五時正假座香港新界荃灣柴灣角街30–32號京華 工廠貨倉大廈3樓B室舉行股東週年大會（「股東週年大會」），股東週年大會 ...

2025 Kato (Hong Kong) Holdings Limited 嘉濤（香港）控股有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 2189 Kato (Hong Kong) Holdings Limited 嘉濤（香港）控股有限公司 股份代號 ： 2189 （於開曼群島註冊成立的有限公司） 2025 環境、社會及 管治報告 優質服務 敬老樂業 以人為本 全身投入 優質服務 敬老樂業 以人為本 全身投入 環境、 社會及管治報告 董事會聲明 作為董事會，我們深知環境、社會及管治（「ESG」）事宜對於引導我們的營運及塑造戰略方向至關重要。 我們積極參與監督ESG事宜，確保其融入業務決策，並契合我們致力於在香港提供優質安老服務及多元 化醫療服務的承諾。 在我們的安老及日間護理服務中，我們將長者院友的尊嚴及生活品質置於首位。我們致力營造一個充滿 尊重、關懷及互動的氛圍，確保每位長者獲得滿足其獨特需求的個性化護理。我們訓練有素的專職員工 不僅提供身體照護，更注重情感關懷及社交互動，以豐富服務對象的生活。 ...

Kato (Hong Kong) Holdings Limited 嘉濤（香港）控股有限公司 股份代號 ： 2189 （於開曼群島註冊成立的有限公司） 2025 年 度 報 告 2025 ANNUAL REPORT Kato (Hong Kong) Holdings Limited 嘉濤（香港）控股有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 2189 C M Y CM MY CY CMY K ai1753344233125_Kato HK Holdings AR2025 Cover V03A 16mm OP.pdf 1 24/7/2025 下午4:03 | 目 | 錄 | | | --- | --- | --- | | 公司資料 | | 2 | | 主席報告 | | 4 | | 管理層討論及分析 | | 7 | | 董事及高級管理層履歷詳情 | | 17 | | 企業管治報告 | | 20 | | 董事會報告 | | 36 | | 獨立核數師報告 | | 58 | | 綜合損益表 | | 62 | | ...

Financial Performance - The total revenue for Kato (Hong Kong) Holdings Limited for the year ended March 31, 2025, was approximately HKD 317.1 million, representing an increase of about 16.9% compared to the previous year[2]. - The profit attributable to the owners of the company for the same period was approximately HKD 21.9 million, a decrease of about 65.9% from the previous year[2]. - The company reported a pre-tax profit of HKD 31.98 million for the year, down from HKD 73.9 million in the previous year[3]. - Basic earnings per share for the year were HKD 2.19, compared to HKD 6.42 in the previous year, reflecting a significant decline[4]. - Total comprehensive income for the year was HKD 19.8 million, down from HKD 91.6 million in the previous year[5]. - The group reported a pre-tax profit of HKD 31,980,000 for the fiscal year ending March 31, 2025, compared to HKD 73,901,000 in the previous year, indicating a decrease of 56.7%[21][22]. - Profit for the year decreased by approximately 67.0% to about HKD 21.1 million from HKD 64.1 million in the previous year[50]. Assets and Liabilities - Non-current assets totaled HKD 716.8 million, a decrease from HKD 763.4 million in the previous year[6]. - Current assets decreased to HKD 92.8 million from HKD 99.9 million in the previous year[6]. - Total liabilities decreased to HKD 367.3 million from HKD 428.8 million in the previous year[7]. - The total assets of the group as of March 31, 2025, amounted to HKD 809,566,000, with non-current assets located in Hong Kong[24]. - The group’s liabilities totaled HKD 367,338,000, with bank borrowings accounting for HKD 207,771,000[24]. - The group’s total liabilities as of March 31, 2025, were HKD 428,774,000, with bank borrowings amounting to HKD 234,314,000[25]. - The group’s net asset value increased to approximately HKD 442.2 million from HKD 434.5 million in the previous year, mainly due to operating profit[51]. - The debt-to-equity ratio decreased to 60.9% from 70.5% in the previous year, due to repayment of bank borrowings during the year[53]. Revenue Breakdown - Revenue from elderly care services was HKD 303,648,000, while the revenue from investment properties was HKD 17,986,000, contributing to the overall revenue[21]. - Revenue from community elderly care services was HKD 11.0 million, representing 3.5% of total revenue, compared to HKD 9.0 million or 3.3% in the previous year[43]. - Revenue from elderly home services amounted to HKD 284.1 million, representing 89.6% of total revenue, an increase from HKD 243.9 million or 90.0% in the previous year[43]. - The group’s rental and management fee income increased to HKD 13.5 million, representing 4.2% of total revenue, up from HKD 8.1 million or 2.9% in the previous year[43]. Dividends - The board has proposed a final dividend of HKD 0.02 per share, subject to approval at the upcoming annual general meeting[2]. - The group declared a final dividend of HKD 20,000,000 for the year ended March 31, 2025, equivalent to HKD 0.02 per share[28]. - The board has proposed a final dividend of HKD 0.02 per share for the year, consistent with the previous year[71]. Employee and Operational Metrics - The group’s employee benefits expenses for the year ended March 31, 2025, were HKD 133,810,000, an increase from HKD 107,656,000 in 2024[26]. - The number of full-time and part-time employees increased to 585 in 2025 from 469 in 2024[63]. - The average monthly occupancy rate for the group was 91.5% in 2025, up from 87.3% in 2024[38]. - The group had a total of 11 care homes as of March 31, 2025, an increase from 9 in 2024, providing 1,378 beds compared to 1,229 beds in the previous year[34]. Future Plans and Developments - The company plans to expand its elderly care services, with a new nursing home in Lam Tin starting operations in June 2024, and a second phase with approximately 146 beds expected to open in June 2025[68]. - A new nursing home in Tsuen Wan, providing 192 beds, is projected to commence operations in Q4 2025 following the acquisition of a target company[68]. - The group completed the acquisition of a nursing home in Tsuen Wan for HKD 2 million, with plans to establish a new nursing home with approximately 192 beds expected to commence operations in Q4 2025[57]. Compliance and Governance - The company emphasizes the importance of compliance with regulatory requirements and has confirmed adherence to all relevant laws and regulations in Hong Kong for the year[64]. - The company has adopted the principles and code provisions of the Corporate Governance Code to ensure prudent regulation of business activities and decision-making processes[78]. - The audit committee has reviewed the accounting policies and the audited consolidated financial statements for the year, confirming compliance with applicable accounting standards[79]. - The external auditor, PwC, confirmed that the financial figures in the announcement are consistent with the audited consolidated financial statements[80]. Market Trends - The elderly population in Hong Kong is projected to increase from 1.45 million in 2021 to 2.74 million by 2046, driving demand for elderly care services[67].

Nursing Home Operations - As of September 30, 2024, the group operates 11 nursing homes with a total of 1,378 beds, an increase from 9 homes and 1,229 beds as of March 31, 2024, representing a growth of approximately 12.1% in bed capacity[8]. - The group has expanded its nursing home network strategically across six regions in Hong Kong, up from five regions previously, enhancing its market presence[8]. - The group has upgraded two nursing homes to Class A status, which indicates higher standards in staffing and facility requirements, effective from August and September 2024[17]. - The total number of beds provided under the Improved Purchase Scheme is 702, while 676 beds are available for private paying clients, indicating a balanced service offering[13]. - The group’s nursing homes operate under several brand names, ensuring a consistent quality of service across its facilities[8]. - The company aims to continue expanding its nursing home facilities to meet the growing demand for elderly care services in Hong Kong[8]. Financial Performance - Revenue for the six months ended September 30, 2024, was approximately HKD 147.97 million, up from HKD 135.16 million for the same period in 2023, representing an increase of about 9.9%[32]. - Revenue from elderly care services increased to HKD 134.05 million, accounting for 90.5% of total revenue, compared to HKD 122.03 million or 90.3% in the previous period[28]. - Profit for the period increased by approximately 26.7% to about HKD 25.5 million, compared to HKD 20.1 million in the previous period[36]. - The average monthly occupancy rate for the group increased from 87.3% as of March 31, 2024, to 89.7% as of September 30, 2024[18]. - The company reported a profit of HKD 25,501,000, compared to HKD 20,126,000 for the same period in 2023, representing a year-over-year increase of approximately 26.8%[100]. - The basic and diluted earnings per share for the period were both HKD 2.57, up from HKD 1.99 in the previous year, indicating a growth of 29.1%[100]. Expenses and Costs - Employee benefits expenses rose from approximately HKD 54.5 million to HKD 58.5 million, primarily due to the opening of two new nursing homes in Lam Tin[33]. - Food and beverage costs increased to approximately HKD 6.3 million from HKD 4.9 million, attributed to the new nursing homes and higher average monthly occupancy rates[34]. - The company incurred net finance costs of HKD 8,148,000 for the period, compared to HKD 4,654,000 in the previous year, indicating an increase of 74.0%[100]. - The total employee benefits expenses for the period are approximately HKD 58.5 million, an increase from HKD 54.5 million in the previous period[62]. Assets and Liabilities - The group’s net assets as of September 30, 2024, were approximately HKD 441.0 million, up from HKD 434.5 million as of March 31, 2024[38]. - The current ratio as of September 30, 2024, was approximately 1.0, down from 1.1 as of March 31, 2024[38]. - Total bank borrowings amount to HKD 221.3 million, with a breakdown of HKD 27.2 million due within one year and HKD 115.2 million due in over five years[47]. - The total liabilities decreased to HKD 398,032,000 from HKD 428,774,000, a reduction of 7.2%[110]. - Total assets as of September 30, 2024, amounted to HKD 838,997,000, a decrease of 2.6% from HKD 863,301,000 as of March 31, 2024[110]. Strategic Initiatives - The company is focused on enhancing its service offerings, including the provision of healthcare products and additional care services to residents[8]. - The company plans to open a new nursing home in Yuen Long, expected to provide approximately 250 beds, with operations starting by the end of 2026[55]. - A new nursing home in Lam Tin with 76 beds commenced operations in June 2024, and a second phase with approximately 146 beds is expected to start by the end of 2024[66]. - The company is expanding its services into the medical diagnostics and health check market, responding to the increasing public awareness of preventive healthcare[69]. Governance and Compliance - The company has adopted the principles and code provisions of the Corporate Governance Code to ensure proper governance of its business activities[94]. - The Audit Committee, established on May 20, 2019, includes three independent non-executive directors and is responsible for reviewing the financial statements and overseeing the financial reporting system[97]. - All directors confirmed compliance with the trading code during the reporting period, adhering to the standards set forth in the company's securities trading policy[85].

Financial Performance - The total revenue for the six months ended September 30, 2024, was approximately HKD 148.0 million, representing an increase of about 9.5% compared to HKD 135.2 million for the same period in 2023[2]. - The profit attributable to the owners of the company for the six months ended September 30, 2024, was HKD 25.7 million, an increase of approximately 28.8% from HKD 19.9 million in the previous period[2]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were HKD 2.57, compared to HKD 1.99 for the same period in 2023[4]. - The total comprehensive income for the six months ended September 30, 2024, was HKD 25.5 million, up from HKD 19.9 million in the previous year[6]. - The net profit before tax for the group was HKD 30,257,000, up from HKD 26,016,000, marking a growth of around 16.5%[26][28]. - The pre-tax profit for the six months ended September 30, 2024, was HKD 25,664,000, a 28.8% increase from HKD 19,930,000 in the same period of 2023[49]. - Profit for the current period increased by approximately 26.7% to about 25.5 million HKD from approximately 20.1 million HKD in the previous period[77]. Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 747.1 million, a decrease from HKD 763.4 million as of March 31, 2024[8]. - Current assets as of September 30, 2024, amounted to HKD 91.9 million, down from HKD 99.9 million as of March 31, 2024[8]. - Total assets as of September 30, 2024, were HKD 839.0 million, compared to HKD 863.3 million as of March 31, 2024[8]. - Total liabilities as of September 30, 2024, were HKD 398.0 million, a decrease from HKD 428.8 million as of March 31, 2024[10]. - Total liabilities for the group amounted to HKD 398,032,000, with segment liabilities for elderly services at HKD 167,322,000 and investment properties at HKD 4,428,000[31]. - The group’s net assets as of September 30, 2024, were approximately 441.0 million HKD, up from 434.5 million HKD as of March 31, 2024[78]. - The debt-to-equity ratio improved to 67.2% as of September 30, 2024, down from 70.5% as of March 31, 2024[81]. Revenue Segments - The elderly services segment generated revenue of HKD 139,755,000, up from HKD 132,025,000 in the previous year, reflecting a growth of about 5.4%[26][28]. - Revenue for the six months ended September 30, 2024, was HKD 147,971,000, an increase of 9.3% compared to HKD 135,157,000 for the same period in 2023[38]. - The revenue from elderly home services increased to HKD 109,503,000, up 10.3% from HKD 99,461,000 year-on-year[38]. - The group’s revenue from the Hong Kong government’s improvement purchase scheme and related services exceeded 10% of total revenue, amounting to approximately HKD 65,602,000 for the period[30]. Operational Highlights - As of September 30, 2024, the group operates 11 nursing homes with a total of 1,378 beds, an increase from 9 homes and 1,229 beds as of March 31, 2024, representing a growth of 12.1% in bed capacity[60]. - The average monthly occupancy rate for the group as of September 30, 2024, was 89.7%, up from 87.3% as of March 31, 2024, indicating an increase of 2.4 percentage points[63]. - The average monthly occupancy rates for individual nursing homes as of September 30, 2024, include 97.1% for 嘉濤耆樂苑 and 86.8% for 輝濤護老院（安麗）[63]. - The group strategically expanded its nursing home network to six districts in Hong Kong as of September 30, 2024, compared to five districts as of March 31, 2024[60]. - The group provides community care services with a total capacity of 100 center-based service slots and 800 home-based service voucher holders as of September 30, 2024, down from 120 and 1,000 respectively as of March 31, 2024[69]. Employee and Operational Costs - Employee benefits expenses increased to approximately 58.5 million HKD from about 54.5 million HKD, primarily due to the operation of two new nursing homes[75]. - Food and beverage costs rose to approximately 6.3 million HKD from about 4.9 million HKD, attributed to the new nursing homes and increased occupancy rates[76]. - The total number of full-time and part-time employees increased to 581 as of September 30, 2024, compared to 469 on March 31, 2024, with employee benefits expenses totaling approximately HKD 58.5 million[96]. Corporate Governance and Compliance - The company aims to maintain high levels of corporate governance to protect shareholder interests[107]. - The company has complied with all corporate governance code provisions during the period, except for the deviation regarding the roles of the chairman and CEO[107][108]. - The audit committee was established on May 20, 2019, and includes three independent non-executive directors[110]. Future Plans and Market Position - The company aims to strengthen its market position as a long-established private nursing home operator in Hong Kong, with a focus on community care programs and high-quality services[97]. - A new nursing home in Lam Tin with 76 beds is set to begin operations in June 2024, with a second phase of approximately 146 beds expected to start by the end of 2024[98]. - The company is expanding into the medical diagnostics and imaging market in Hong Kong, offering various health-related services to meet the growing public demand for preventive healthcare[98]. - The projected increase in the elderly population in Hong Kong from 1.45 million in 2021 to 2.74 million by 2046 is expected to drive demand for nursing home services[97]. Stock Options and Share Capital - A total of 60,000,000 stock options were granted to directors and eligible employees as of September 30, 2024[104]. - The total number of stock options available for grant under the plan at the beginning and end of the period was 40,000,000 shares, representing 4.0% of the company's issued share capital[106]. - The weighted average number of shares during the period was 1,000,000,000 shares[106]. - The exercise price for the stock options granted on March 22, 2022, was HKD 0.6 per share, with an expiration date of March 22, 2032[106]. - The company has not granted, exercised, lapsed, cancelled, or forfeited any stock options during the period[104].

收益 二零二四年年度報告 (ix) 深水埗嘉瑞園護養院。 本報告乃根據聯交所上市規則附錄C2所載「環境、社會及管治報告指引」（「指引」）編製，當中涵蓋的內容 已遵從強制性披露規定與「不遵守就解釋」條文，以及指引所規定的四個報告原則，即重要性、量化、平 衡及一致性。 董事（「董事」）會（「董事會」）成員全權負責本集團的可持續發展戰略及報告。本集團的可持續發展計劃乃 根據ESG報告的結果而制定，每年進行檢討並按需要進行調整，以符合本集團的長期業務策略。 環境、 社會及管治報告 本集團的企業社會責任價值觀 於報告期間，本集團耗用了煤氣作為數間安老院食堂營運的固定燃料。於報告期間，營 運排放3.67公斤的氮氧化物(NOx)及0.02公斤的硫氧化物(SOx)。 所呈報之溫室氣體排放乃來自以下活動及範疇： | --- | --- | --- | --- | --- | |---------------------|-----------------------------------------|-------------------------------------------------------------|- ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不對本公告全部或任何部份內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 截至二零二四年三月三十一日止年度的年度業績公告 – 1 – 嘉濤（香港）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本 公司及其附屬公司（統稱「本集團」）截至二零二四年三月三十一日止年度（「本 年度」）的綜合年度業績，連同截至二零二三年三月三十一日止年度（「上年度」） 的比較數字如下： | --- | --- | --- | --- | |------------------------------------------------------|-------|----------------------------|------------------------| | | 附註 | 二零二四年 \n千港元 | 二零二三年 \n千港元 | | 收益 | 3 | 271,334 | 408,297 | | 投資物業的公平值收益 | | 18,613 | 10,400 | | 僱員福利 ...

Operations and Occupancy - As of September 30, 2023, the group operates nine nursing homes with a total of 1,229 beds, an increase from the previous period[5]. - The average monthly occupancy rate for the group improved to 86.2% as of September 30, 2023, compared to 84.1% on March 31, 2023[11]. - The occupancy rate for Kato Elderly Home reached 94.4% as of September 30, 2023, up from 88.2% in the previous period[11]. - Kato (Hong Kong) Holdings Limited's nursing homes are primarily contracted with the Social Welfare Department, which purchases beds under the Improved Purchase Scheme[6]. - The group has a diversified client base, including self-paying individuals and those receiving subsidies from the Social Welfare Department[6]. - The group’s nursing homes operate under various brand names, including "Fai To," "Kato," and "Tsuen Wan Center," all sharing the same logo[5]. - The average monthly occupancy rate for Kato Elderly Home was 90.0% as of September 30, 2023, significantly up from 48.5% in the previous period[11]. - The group plans to expand its services and improve care quality in response to increasing demand for elderly care in Hong Kong[5]. - The group is focused on enhancing its service offerings, including nutritional management and psychological care services[5]. - The group aims to maintain a high standard of care by adhering to the requirements set by the Improved Purchase Scheme for its nursing homes[9]. Financial Performance - Revenue decreased from approximately HKD 208.3 million in the previous period to about HKD 135.2 million in the current period, a decline of approximately 35%[20]. - Income from elderly care services increased to HKD 60.471 million, representing 44.8% of total revenue, compared to HKD 48.751 million (23.4%) in the previous period[18]. - The company provided community care services generating HKD 4.440 million, which accounted for 3.3% of total revenue, up from HKD 3.882 million (1.9%) previously[18]. - Medical and laboratory services revenue rose to HKD 5.551 million, a significant increase from HKD 226 thousand in the previous period[18]. - Profit for the current period decreased by approximately 64.8% to about HKD 20.1 million from HKD 57.1 million in the previous period[25]. - The company reported a decrease in total employee benefits expenses to HKD 4,428,000 for the six months ended September 30, 2023, from HKD 6,944,000 in the same period of 2022[137]. - The company’s total comprehensive income for the period was HKD 19,922,000, down from HKD 57,017,000, a decrease of 65.0%[77]. - For the six months ended September 30, 2023, the company reported a net profit of HKD 19,930,000, a decrease from HKD 57,167,000 for the same period in 2022, representing a decline of approximately 65.2%[82]. Assets and Liabilities - The net asset value remained stable at approximately HKD 371.8 million as of September 30, 2023, compared to HKD 372.9 million on March 31, 2023[28]. - The current ratio was approximately 1.3 times as of September 30, 2023, down from 1.6 times on March 31, 2023[28]. - The total bank borrowings amounted to HKD 116.664 million, with HKD 14.416 million due within one year[30]. - The group's investment properties were valued at HKD 107.8 million as of September 30, 2023[34]. - The total liabilities as of September 30, 2023, were HKD 324,552,000, a slight decrease from HKD 326,362,000[80]. - The total financial liabilities as of September 30, 2023, amounted to HKD 355,037,000, compared to HKD 332,916,000 as of March 31, 2023, indicating an increase of 6.6%[99]. - The company’s total equity as of September 30, 2023, was HKD 371,842,000, a slight decrease from HKD 372,940,000 as of April 1, 2023[82]. Capital Expenditures and Investments - The company aims to allocate HKD 86.3 million for the acquisition of suitable properties to establish new nursing homes, fully utilizing the funds as of September 30, 2023[48]. - HKD 27.2 million is allocated for the renovation and upgrading of existing nursing homes, with HKD 4.1 million utilized by March 31, 2023, and an expected utilization of HKD 2.2 million by 2024[48]. - The upgrade of IT infrastructure has an allocation of HKD 1.5 million, with HKD 1.3 million utilized by March 31, 2023, and an expected utilization of HKD 1.2 million by 2024[48]. - The company incurred capital expenditures of HKD 54,766,000 for the six months ended September 30, 2023, which is significantly higher than HKD 25,385,000 in the same period last year, marking an increase of about 115.5%[84]. - The group completed the acquisition of land in Yuen Long in July 2021 to establish a new nursing home with approximately 250 beds, expected to commence operations by the end of 2026[39]. - The company completed the acquisition of a property in Lam Tin in February 2021 to establish a nursing home with approximately 220 beds, expected to commence operations in 2024[52]. Shareholder and Governance - The company declared an interim dividend of HKD 0.01 per share, to be distributed on January 5, 2024[26]. - As of September 30, 2023, the company had a total of 1,000,000,000 shares issued, with significant shareholders holding 62.40% and 63.50% of the shares respectively[62][67]. - The company has adopted a corporate governance code to ensure proper regulation of business activities and decision-making processes[72]. - The company has complied with all corporate governance code provisions during the reporting period, except for a deviation regarding the separation of roles between the Chairman and CEO[72]. - The company’s board consists of four independent non-executive directors to provide independent opinions and ensure a balance of power[72]. - The shareholding structure indicates a strong concentration of ownership among major shareholders, which may impact decision-making processes[62][67]. Market and Strategic Developments - The company is diversifying its business by entering the medical diagnostics and health check market in Hong Kong, aiming to increase public awareness of preventive healthcare[54]. - The management team is confident in the company's sustainable development and its ability to adapt to rapid changes in social demands and market trends[54]. - The company has not disclosed any new product developments or market expansion strategies in the provided documents[63][64]. Cash Flow and Financial Management - Cash generated from operating activities for the six months ended September 30, 2023, was HKD 74,576,000, compared to HKD 97,368,000 in 2022, reflecting a decline of approximately 23.4%[84]. - The cash and cash equivalents at the end of the period decreased to HKD 41,616,000 from HKD 78,660,000 at the end of the previous year, indicating a decline of approximately 47%[84]. - The company reported a net cash outflow from investing activities of HKD 87,956,000 for the six months ended September 30, 2023, compared to HKD 25,662,000 in the previous year, indicating a significant increase in cash used for investments[84]. - The company’s operating cash flow for the six months ended September 30, 2023, was impacted by a payment of HKD 4,633,000 in Hong Kong profits tax, which was not applicable in the previous year[84].