童園國際有限公司 文嘉豪先生 鄭子龍先生 薛漢榮先生 董事會設有三個委員會。各董事會成員在該等委員會中所擔任的職位載 列如下： 審計委員會 Kiddieland International Limited （ 於開曼群島註冊成立的有限公司 ） (股份代號: 3830) 董 事 名 單 與 其 角 色 和 職 能 由2025年6月28日起，童園國際有限公司董事會（「董事會」）成員載列如下： 執行董事 盧紹珊女士（主席） 冼盧紹慧女士 盧鴻先生 梁小蓮女士 獨立非執行董事 薛漢榮先生（主席） 文嘉豪先生 鄭子龍先生 薪酬委員會 鄭子龍先生（主席） 文嘉豪先生 薛漢榮先生 冼盧紹慧女士 提名委員會 文嘉豪先生（主席） 鄭子龍先生 薛漢榮先生 冼盧紹慧女士 香港，2025 年 6 月 27 日 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Kiddieland International Limited 童 園 國 際 有 限 公 司 ( 於開曼群島註冊成立的有限公司 ) (股份代號: 3830) (1) 董事會主席變更 及 (2) 提名委員會的組成變更 董事會宣佈下列事項： 辭任董事會主席 童園國際有限公司（「本公司」）董事會（「董事會」）宣佈，盧鴻先生（「盧鴻先 生」）因年事已高而辭任本公司董事會主席職務，惟會繼續擔任執行董事一職，自二 零二五年六月二十八日起生效。 委任董事會主席 繼盧鴻先生辭任後，董事會欣然宣佈，盧紹珊女士（「盧紹珊女士」）現為本公司執 行董事，已獲委任為本公司董事會主席職務，自二零二五年六月二十八日起生效。其 薪酬待遇、服務期限和服務協議中的其他條款均保持不變。 盧紹珊女士，52 歲，本集團創辦人之一及本公司執行董事，負責釐定產品的成本計算 及定價、處理工廠審計及監督本集團的採購活動。彼於二零一六年六月三日獲委任 ...

Kiddieland International Limited 童園國際有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：3830） NOTIFICATION LETTER 通知信函 Dear Non-registered Shareholder(s) (Note 1) Kiddieland International Limited (the "Company") - Notification of publication of Interim Report 2024 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.kiddieland.com.hk and the webs ...

Kiddieland International Limited 童園國際有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders. 23 January 2025 Kiddieland International Limited (the "Company") – Notice of publication of Interim Report 2024 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.kiddieland.com.hk and the website of The Stock Exchan ...

Financial Performance - The company's unaudited revenue for the six months ended October 31, 2024, was approximately HKD 136.1 million, a decrease of 8.5% compared to HKD 148.7 million in the same period last year[5]. - Profit attributable to the company's owners for the review period was approximately HKD 5.5 million, slightly improved from HKD 4.5 million in the previous year[5]. - Revenue for the six months ended October 31, 2024, was HKD 136,130,000, a decrease of 8.4% compared to HKD 148,709,000 for the same period in 2023[24]. - Gross profit for the same period was HKD 23,666,000, down 11.4% from HKD 26,711,000 in 2023[24]. - Operating profit increased to HKD 6,688,000, representing a significant rise of 56.2% from HKD 4,283,000 in the previous year[24]. - Net profit for the period was HKD 4,557,000, an increase of 23.6% compared to HKD 3,684,000 in 2023[24]. - The company reported a net profit before tax of HKD 6,605,000 for the six months ended October 31, 2024, compared to HKD 4,039,000 for the same period in 2023[54]. - The total cost of sales for the six months ended October 31, 2024, was HKD 112,464,000, down from HKD 121,998,000 in the previous year[54]. - The company incurred a total expense of HKD 129,746,000 for the six months ended October 31, 2024, compared to HKD 143,913,000 in the same period of 2023[61]. Revenue Breakdown - Revenue from North America increased by 0.9% to approximately HKD 69.3 million, while revenue from Europe decreased by 1.2% to approximately HKD 32.9 million[6]. - Revenue from the laboratory equipment business decreased by 22.7% to approximately HKD 28.3 million, impacted by economic slowdown and intense price competition in China[6]. - Revenue from the Americas was HKD 69,803,000, slightly up from HKD 69,716,000 in the previous year, while revenue from China decreased to HKD 28,292,000 from HKD 36,631,000[60]. - Revenue for Guangdong Tongyuan Technology Co., Ltd. was HKD 28,292,000 for the six months ended October 31, 2024, down 22.9% from HKD 36,631,000 in the same period last year[87]. Expenses and Costs - Gross profit decreased by 11.2% to approximately HKD 23.7 million, with a gross margin decline of 3.0% to 17.1%[8]. - Selling and distribution expenses decreased by 12.5% to approximately HKD 6.3 million, reflecting a reduction in sales commissions[10]. - Administrative expenses decreased by 25.2% to approximately HKD 11.0 million, primarily due to reduced employee costs and other fixed indirect expenses[11]. - The company recorded an income tax expense of approximately HKD 2.0 million, an increase from HKD 0.4 million in the previous year, mainly due to increased taxable profits[14]. Cash Flow and Liquidity - As of October 31, 2024, the company reported a net cash outflow from operating activities of HKD (1,435) thousand, a significant decrease compared to HKD 11,154 thousand in the same period of 2023[35]. - The company reported a net cash inflow of HKD 320,000 for the six months ended October 31, 2024, down from HKD 1,113,000 in the same period last year[87]. - The company incurred a net cash outflow from investing activities of HKD (2,086) thousand, down from HKD (5,338) thousand in the prior year[35]. - The company reported a decrease in cash flow from financing activities, with a net outflow of HKD (1,499) thousand compared to HKD (1,387) thousand in the previous period[35]. Assets and Liabilities - Total assets as of October 31, 2024, were HKD 63,492,000, an increase from HKD 58,304,000 as of April 30, 2024[27]. - The company's total liabilities were HKD 31,865,000, slightly up from HKD 31,192,000 in the previous period[29]. - The company's total liabilities related to lease obligations increased, with principal repayments of HKD (1,431) thousand and interest repayments of HKD (68) thousand[35]. - The total liabilities of Guangdong Tongyuan Technology Co., Ltd. were HKD 17,834,000 as of October 31, 2024, compared to HKD 16,119,000 as of April 30, 2024[88]. Equity and Earnings Per Share - The company reported a basic and diluted earnings per share of HKD 0.6, compared to HKD 0.5 in the same period last year[26]. - The basic earnings per share for the six months ended October 31, 2024, was HKD 0.6, an increase from HKD 0.5 in the same period of 2023[67]. - The company's total equity increased to HKD 41,116 thousand as of October 31, 2024, up from HKD 38,152 thousand at the beginning of the period[32]. - The company's accumulated losses decreased to HKD (67,039) thousand from HKD (71,549) thousand, indicating an improvement in financial performance[32]. Future Outlook and Strategy - The company anticipates ongoing challenges from global conflicts and currency weakness, but aims to expand its global product range and sales[18]. - The company plans to expand its product range by introducing new popular licenses, targeting markets where it previously had no business presence[21]. - The company aims to enhance its laboratory equipment business by focusing on three key areas: optimizing smart laboratory products, providing customized services, and improving sales management[21]. - The company remains optimistic about future market opportunities and aims to align its products with national education strategies[22]. Other Financial Information - The company has not entered into any foreign currency hedging financial instruments as of October 31, 2024[17]. - No dividends were declared or paid for the six months ending October 31, 2024[69]. - The company has not made any purchases, sales, or redemptions of its listed securities during the six months ended October 31, 2024[95]. - The company has no significant investments other than those in subsidiaries as of October 31, 2024[96].

Financial Performance - For the six months ended October 31, 2024, total revenue was HKD 136,130,000, with a gross profit of HKD 23,666,000, resulting in a gross margin of approximately 17.4%[7] - The net profit before tax for the group was HKD 6,605,000, reflecting a decrease from HKD 4,039,000 in the same period last year[7] - The total revenue for the same period last year was HKD 148,709,000, showing a decline of approximately 8.5% year-over-year[7] - Operating profit for the six months ended October 31, 2024, was HKD 6,688,000, an increase of 56.3% compared to HKD 4,283,000 in the previous year[16] - The total comprehensive income for the period was HKD 4,515,000, up from HKD 2,964,000, indicating a growth of 52.2%[20] - Earnings per share increased to HKD 0.6 from HKD 0.5, reflecting a growth of 20%[23] - The group experienced a net loss of HKD 6,320 thousand for the six months ending October 31, 2024, compared to a loss of HKD 7,201 thousand in the same period of 2023, reflecting an improvement of approximately 12.2%[42] - The total comprehensive loss for the period, after tax, was HKD 42 thousand, compared to a loss of HKD 720 thousand in the previous year, showing a significant reduction[39] Revenue Breakdown - The toy business generated revenue of HKD 107,838,000, while the laboratory equipment business reported revenue of HKD 28,292,000, indicating a decline in the toy segment compared to the previous period[7] - Revenue from the Americas was HKD 69,803,000, slightly up from HKD 69,716,000 year-over-year[11] - Revenue from Europe decreased to HKD 32,905,000 from HKD 33,283,000, reflecting a decline of 1.1%[11] - Revenue from the Asia-Pacific region (excluding China) dropped significantly to HKD 5,130,000 from HKD 9,079,000, a decrease of 43.5%[11] - Revenue from China also saw a decline, falling to HKD 28,292,000 from HKD 36,631,000, representing a decrease of 22.9%[11] - Revenue from North America increased by 0.9% to approximately HKD 69.3 million, compared to HKD 68.7 million in the previous year[73] - Revenue from the laboratory equipment business decreased by 22.7% to approximately HKD 28.3 million (2023: HKD 36.6 million), impacted by the slowdown in the Chinese economy and intense industry price competition[97] Cost and Expenses - The cost of sales for the six months ending October 31, 2024, was HKD 23,666 thousand, down from HKD 26,711 thousand in the previous year, indicating a reduction of about 11.4%[42] - Total expenses for the six months ended October 31, 2024, were 129,746 thousand HKD, a decrease of 9.8% from 143,913 thousand HKD in the same period of 2023[44] - The company incurred advertising and promotional expenses of 1,151 thousand HKD for the six months ended October 31, 2024, down from 1,468 thousand HKD in the same period of 2023, reflecting a reduction of 21.5%[44] - Employee costs, including directors' remuneration, amounted to 10,665 thousand HKD for the six months ended October 31, 2024, a decrease of 20% from 13,328 thousand HKD in the same period of 2023[44] - The company’s total cost of goods sold was 92,498 thousand HKD for the six months ended October 31, 2024, compared to 99,992 thousand HKD in the same period of 2023, showing a decrease of 7.5%[44] - Sales and distribution expenses decreased by 12.5% to approximately HKD 6.3 million (2023: HKD 7.2 million), primarily due to a reduction in sales commissions corresponding to the decline in revenue from the toy and laboratory equipment businesses[100] - Administrative expenses decreased by 25.2% to approximately HKD 11.0 million (2023: HKD 14.7 million), mainly due to reduced employee costs and other fixed indirect expenses[101] Assets and Liabilities - Total assets as of October 31, 2024, amounted to HKD 63,191,000, with liabilities totaling HKD 31,865,000, resulting in a net asset position[9] - The total assets as of October 31, 2024, amounted to HKD 63,492,000, an increase from HKD 58,304,000[28] - Total liabilities stood at HKD 31,865,000, slightly up from HKD 31,192,000, indicating a growth of 2.2%[24] - The company’s cash and bank balances were reported at HKD 20,000 as of October 31, 2024, indicating a tight liquidity position[9] Strategic Focus and Future Outlook - The company has identified two main operating segments: the toy business and laboratory equipment, with a focus on resource allocation based on performance metrics[5] - The company is committed to evaluating its performance regularly to optimize resource distribution and enhance overall operational efficiency[5] - The group is focused on improving its financial performance and is exploring new strategies for market expansion and product development[41] - The company plans to expand its product range by introducing new popular licenses, which is expected to enhance profitability and capture market share in previously untapped countries[82] - The company expects a potential improvement in the global economic situation by 2025, which may present opportunities for launching more competitive and innovative products[81] - The company remains optimistic about future market opportunities, bolstered by its ability to adapt to market changes and innovate[109] Compliance and Reporting - The group has adopted new and revised Hong Kong Financial Reporting Standards effective from May 1, 2024, which will not have a significant impact on the financial performance and position of the group[34] - The group has not early adopted certain new and revised Hong Kong Financial Reporting Standards that will become effective in future periods, which are not expected to have a significant impact on the consolidated financial statements[36] - The management has made significant judgments and estimates in preparing the interim financial information, which may differ from actual results[37] - The company will issue its interim report for the six months ending October 31, 2024, to shareholders in due course[113] - The board of directors confirmed compliance with the standards set forth in the Listing Rules Appendix C3 during the reporting period[115] Stakeholder Engagement - The company expresses gratitude to all stakeholders for their support and contributions throughout the period[116]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 就 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 於 本 公 告 日 期，本 公 司 董 事 會 成 員 包 括 執 行 董 事 盧 紹 珊 女 士、冼 盧 紹 慧 女 士、 盧 鴻 先 生 及 梁 小 蓮 女 士；及 獨 立 非 執 行 董 事 文 嘉 豪 先 生、鄭 子 龍 先 生 及 薛 漢 榮 先 生。 Kiddieland International Limited 童 園 國 際 有 限 公 司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） ( 股 份 代 號 : 3830 ) 董 事 會 會 議 日 期 童園國際有限公司（「本公司」）的董事會（「董事會」）謹此宣佈， 本公司將於二零二四年十二月二十日（星期五）舉行董事會會議（其中 包括）考慮及批 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Kiddieland International Limited 童 園 國 際 有 限 公 司 ( ) 於開曼群島註冊成立的有限公司 (股份代號 : 3830) 持續關連交易 重續租賃協議 於二零二四年十一月四日，本公司全資附屬公司童園玩具與天龍（作為業主） 訂立重續租賃協議以租賃辦公室物業，自二零二四年十一月一日起為期一年。 由於天龍乃由盧鴻先生（本公司執行董事）及其配偶梁女士（本公司執行董 事）各自擁有50%權益，根據上市規則，天龍被視為本公司關連人士，因此， 根據上市規則，重續租賃協議及其項下擬進行的交易構成本公司的持續關連交 易。 根據上市規則第14A.76(2)條，由於有關應付年度租金總額的所有適用百分比率 均低於5%但高於0.1%，故根據上市規則第14A章，訂立重續租賃協議及其項下 擬進行的交易獲豁免遵守獨立股東批准規定，惟須遵守公佈、申報及年度審閱 規定。 緒言 茲提述截至二零二四年四月 ...

Revenue Performance - Revenue from the toy business increased by 10.3% from approximately HKD 141.2 million to approximately HKD 155.7 million[4]. - Revenue from the laboratory equipment business surged by 69.7% from approximately HKD 35.0 million to approximately HKD 59.4 million[4]. - Total revenue for the group grew by 22.1% to approximately HKD 215.1 million, compared to approximately HKD 176.2 million in the previous year[4]. - The company's revenue for the fiscal year was approximately HKD 215.1 million, an increase of 22.1% from HKD 176.2 million in the previous year[6]. - Revenue from the toy business rebounded from approximately HKD 141.2 million to about HKD 155.7 million, reflecting a growth of 10.3%[5]. - Revenue from the laboratory equipment business increased significantly by 69.7%, rising from approximately HKD 35.0 million to about HKD 59.4 million[6]. Financial Performance - The group reduced its loss margin to approximately HKD 7.3 million, down from approximately HKD 50.5 million in the previous year[4]. - The gross profit for the year was approximately HKD 32.7 million, compared to HKD 6.8 million in the previous year, with gross margins for the toy and laboratory equipment businesses rising to 13.8% and 18.9%, respectively[7]. - The company recorded a net loss of approximately HKD 7.3 million, a significant reduction from HKD 50.5 million in the previous year, attributed to increased revenue and improved gross margins[14]. - Administrative expenses decreased by 13.9% to approximately HKD 28.6 million, down from HKD 33.2 million in the previous year[10]. - The company reported a net loss of HKD 9,191,000 for 2024, compared to a net loss of HKD 54,090,000 in 2023, indicating an improvement in financial performance[172]. - The total comprehensive loss for the year ended April 30, 2024, was HKD 11,040,000, compared to a total comprehensive loss of HKD 55,742,000 for the previous year[172]. Operational Changes - The company is focusing on quality control as it shifts from in-house production to outsourcing in its toy business[4]. - The shift to a subcontracting model has resulted in lower fixed investments and costs for the toy business, leading to a turnaround from loss to profit[4]. - The company is committed to adapting its business model to meet changing consumer behaviors post-COVID[4]. - The company is actively participating in educational equipment exhibitions to introduce new products and understand market demand[4]. Growth Potential - The laboratory equipment division is positioned for significant growth due to government support and increasing investment in education[4]. - The company believes the new laboratory equipment division has substantial potential for profitability in the near future[4]. - The company is optimistic about future market opportunities, bolstered by its enhanced market adaptability and innovation capabilities[24]. Cash and Liquidity - As of April 30, 2024, the company's cash and cash equivalents amounted to approximately HKD 7.3 million, an increase from HKD 3.4 million in 2023, primarily due to a decrease in inventory and trade receivables[18]. - The current ratio as of April 30, 2024, was 1.1, down from 1.3 in 2023, indicating a decline in liquidity[18]. - The company's net current assets were approximately HKD 3.4 million as of April 30, 2024, compared to HKD 9.1 million in 2023[18]. - The company has no bank borrowings as of April 30, 2024, maintaining a financial capital debt ratio of 0%[18]. Corporate Governance - The company has maintained high standards of corporate governance to protect shareholder interests and enhance group performance throughout the fiscal year[67]. - The board consists of seven members, including four executive directors and three independent non-executive directors, maintaining compliance with listing rules regarding independent directors[67]. - The company provides ongoing professional development for all directors to ensure they are informed about the latest regulatory updates and corporate governance practices[69]. - The company has established a shareholder communication policy to provide relevant information to shareholders for informed decision-making[83]. Environmental and Social Responsibility - The company is committed to reducing its carbon footprint and improving energy and natural resource efficiency as part of its sustainability goals[99]. - The company has established an environmental management system and appointed an environmental management working group to oversee all environmental-related matters[108]. - The company emphasizes stakeholder engagement, including shareholders, employees, customers, and suppliers, as crucial for sustainable development strategies[103]. - The company has set a target to reduce greenhouse gas emissions by 50% by 2030 and aims for carbon neutrality by 2060[123]. Employee Management - The company has implemented a "Health and Safety Management Procedure" to ensure a safe working environment, with 65 workdays lost due to occupational injuries during the reporting period[139]. - 100% of employees received training during the reporting period, with an average training time of 10.66 hours per employee[142]. - The employee turnover rate was reported at 32.95% overall, with a notable 99.35% turnover rate in China[138]. - The company encourages employee participation in various training programs, including personal training courses and on-the-job training[140]. Supply Chain and Quality Control - The company emphasizes supply chain management, prioritizing quality by developing reliable raw material suppliers to ensure timely delivery of high-quality products[26]. - The company collaborates closely with qualified suppliers to manage quality control and manufacturing processes, focusing on product safety[147]. - The company adheres to ISO 9001:2015 quality management system standards in its manufacturing processes, ensuring product quality and safety[146]. Audit and Compliance - The independent auditor's report confirms that the consolidated financial statements reflect the group's financial position as of April 30, 2024, in accordance with Hong Kong Financial Reporting Standards[159]. - Key audit matters identified include revenue recognition, which is deemed critical for the audit of the consolidated financial statements[162]. - The audit focused on revenue recognition due to a significant number of transactions from various customers during the year, leading to substantial audit resources being allocated to this area[163].

Revenue Growth - Revenue from the laboratory equipment business increased by 69.7% to approximately HKD 59.4 million (2023: HKD 35.0 million) reflecting strong growth potential in this new business segment[8] - Total revenue for the year ended April 30, 2024, was HKD 215,144,000, representing a 22.1% increase from HKD 176,232,000 in the previous year[33] - The group recorded a net loss of approximately HKD 7.3 million (2023: HKD 50.5 million), a reduction attributed to a 22.1% increase in revenue and improved gross margin[13] - Revenue from the Americas region was HKD 93,474,000, an increase from HKD 72,544,000 in the previous year, indicating a growth of 28.7%[85] - Revenue from China surged to HKD 61,571,000, up from HKD 35,068,000, representing a growth of 75.9% year-over-year[85] - Total revenue for the Toys segment was HKD 141,164,000, with a cost of sales of HKD 138,675,000, resulting in a gross profit of HKD 2,489,000[71] - Toy sales reached HKD 155,670,000 for the fiscal year ending April 30, 2024, compared to HKD 141,164,000 in the previous year, representing a growth of 10.6%[74] - The laboratory equipment business was established in January 2022 to align with China's educational policies and meet the growing market demand[5] Financial Performance - The group reported a net loss before tax of HKD 8,134,000 for the fiscal year ending April 30, 2024[79] - The company reported a net loss of HKD 9,191,000 for the year, a decrease from a net loss of HKD 54,090,000 in the prior year, reflecting a 83.0% reduction in losses[40] - The group’s accumulated losses increased to HKD 78,887,000 from HKD 71,549,000 in the previous year[60] - The company reported a basic loss per share of HKD (0.7) for the year ending April 30, 2024, compared to HKD (5.1) in 2023, indicating an improvement in financial performance[103] - The group incurred a one-time severance cost of approximately HKD 7,909,000 due to the termination of its toy manufacturing operations in China[76] - The company did not declare or pay any final dividends for the year ending April 30, 2024, consistent with the previous year[102] Cost Management - Sales and distribution expenses increased by 10.2% to approximately HKD 13.0 million (2023: HKD 11.8 million), primarily due to increased commissions and advertising expenses[11] - The company reported a significant reduction in administrative expenses to HKD 28,601,000 from HKD 33,189,000, a decrease of 13.5%[33] - Total expenses for the year ending April 30, 2024, were HKD 224,098,000, an increase from HKD 214,438,000 in 2023, driven by higher costs in various operational areas[101] Asset Management - The total assets decreased to HKD 58,304,000 from HKD 78,215,000, showing a decline of 25.5% year-over-year[43] - The group has approximately HKD 212.1 million (2023: HKD 242.1 million) in unutilized bank credit facilities to meet working capital needs[15] - Cash and bank balances increased to HKD 7,340,000 from HKD 3,379,000, indicating a 117.5% increase in liquidity[42] - The company incurred HKD 1,680,000 in impairment losses on property, plant, and equipment during the year, compared to no such losses in 2023[101] Strategic Initiatives - The company plans to enhance its product portfolio through innovation and expand its online business to reach a broader audience[19] - The company is actively responding to national policies promoting large-scale equipment upgrades and consumer goods replacement, aiming to increase order volume and brand influence in the Chinese education market[20] - The company has established a "1+4 strategic layout" to improve regional collaboration and expand new business channels across 31 provinces and municipalities[21] - The company is focusing on diversifying procurement and logistics partnerships to enhance supply chain resilience[19] - The company plans to focus on expanding its market presence and enhancing product development strategies in the upcoming fiscal year[39] Market Challenges - The group expects the toy business to continue facing challenges in the short term due to economic conditions in major markets like Europe and the US[122] - Revenue from Europe decreased by 10.1% to approximately HKD 48.1 million, attributed to the impact of the Russia-Ukraine war and the strengthening of the US dollar[143] Innovation and Development - The company is committed to developing innovative and competitive products, expanding its product range, and enhancing sustainability in packaging[154] - The company has invested significantly in R&D, launching the "K" series smart laboratory products, including "Teacher Lift Demonstration Platform" and "Smart Control Cabinet," enhancing its existing product matrix[172] - The AI scoring system developed by the company has been validated in national examinations, receiving high recognition from schools and educational authorities[172] Governance and Compliance - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange regulations throughout the fiscal year[180] - The annual general meeting of shareholders is scheduled for October 4, 2024[175]