Financial Performance - Total revenue increased by approximately 18.3% from about HKD 412.3 million in FY2019 to about HKD 487.6 million in FY2020[12][15]. - The company recorded a profit attributable to shareholders of approximately HKD 11.2 million in FY2020, compared to a loss of about HKD 18.1 million in FY2019[12][28]. - Air freight revenue increased by approximately HKD 86.8 million, while e-commerce fulfillment revenue rose by about HKD 18.9 million in FY2020[15]. - Gross profit increased by approximately 96.1% from about HKD 33.0 million in FY2019 to about HKD 64.7 million in FY2020, with a gross margin improvement from 8.0% to 13.3%[22]. - Other income surged by approximately 9,000% from about HKD 0.1 million in FY2019 to about HKD 9.1 million in FY2020, mainly due to a one-time government subsidy[23]. - Administrative expenses decreased by about 7.0% from approximately HKD 45.5 million in FY2019 to about HKD 42.3 million in FY2020[25]. - Financing costs decreased to HKD 5.9 million in FY2020 from HKD 7.0 million in FY2019[26]. - The logistics segment's gross profit increased significantly, contributing to the overall profitability of the company[22]. - The company faced a 666.7% increase in other losses, primarily due to a loss on the sale of property, plant, and equipment[24]. Business Strategy and Expansion - Significant contributions to revenue growth in 2020 came from the expansion of e-commerce fulfillment services in the US and China[6]. - The group aims to diversify its business and expand its customer base in response to competition and economic uncertainties[6]. - Future plans include strengthening relationships with large clients and expanding logistics services in Europe and the US, as well as enhancing cross-border e-commerce operations[7]. - The group anticipates rapid growth in warehouse capacity due to the execution of warehouse mergers and upgrades to warehouse management systems[7]. - The group plans to expand its e-commerce and fulfillment business, aiming for significant growth in e-commerce revenue in the future[40]. - Market expansion efforts include entering two new Southeast Asian countries, expected to contribute an additional $2 million in revenue[53]. - The company is exploring potential acquisitions to enhance its service offerings, targeting a 10% increase in market share[54]. Environmental, Social, and Governance (ESG) Initiatives - The environmental, social, and governance (ESG) report highlights compliance with guidelines, focusing on sustainability initiatives[60]. - Stakeholder engagement has been prioritized, with feedback mechanisms established to improve ESG performance[63]. - The company aims to enhance operational efficiency, targeting a 5% reduction in operational costs through process optimization[61]. - The financial year ended December 31, 2020, with a comprehensive review of challenges faced and measures taken in ESG areas[62]. - For the fiscal year ending December 31, 2020, the total greenhouse gas emissions amounted to 3,890.8 tons, a significant increase from 887.2 tons in 2019[74]. - Direct greenhouse gas emissions (Scope 1) from gasoline and diesel consumption rose to 551.5 tons in 2020, compared to 373.3 tons in 2019, reflecting a 47.8% increase[74]. - Indirect greenhouse gas emissions (Scope 2) from purchased electricity increased to 450.3 tons in 2020, up from 329.6 tons in 2019, marking a 36.5% rise[74]. - Other indirect greenhouse gas emissions (Scope 3) from paper usage surged to 2,889.0 tons in 2020, a dramatic increase from 184.3 tons in 2019, representing a 1,467.4% increase[74]. - The total energy consumption for the fiscal year 2020 was 714,797 kWh for electricity, up from 523,245 kWh in 2019, indicating a 36.5% increase[78]. - The company has implemented various measures to reduce carbon emissions, improve energy efficiency, and conserve water resources as part of its commitment to environmental protection[68]. Workforce and Employee Engagement - The group employed 172 full-time employees as of December 31, 2020, an increase from 149 in 2019[42]. - The total number of employees increased to 172 in 2020, up from 149 in 2019, representing a growth of approximately 15.4%[86]. - The monthly employee turnover rate decreased to 3.78% in 2020 from 6.17% in 2019, indicating improved employee retention[86]. - The average training hours per employee remained stable at 3 hours for both 2020 and 2019[93]. - The company reported no workplace injuries or lost workdays due to accidents in 2020, reflecting effective safety measures[88]. - The company provided regular training to employees, including new employee orientation and skills enhancement programs[91]. - The employee count in the operations department rose to 141 in 2020, accounting for 82.0% of the total workforce[87]. Corporate Governance - The board of directors consists of six members, including three executive directors and three independent non-executive directors, ensuring a balance of power and responsibilities[110]. - The group has complied with all corporate governance code provisions during the reporting period, except for the separation of the roles of chairman and CEO[106]. - The board is responsible for evaluating risks faced by the group and implementing appropriate risk management measures[119]. - The company has established three committees to assist the board: the audit committee, the remuneration committee, and the nomination committee[123]. - The board is required to meet at least four times a year, with a minimum of 14 days' notice for meetings[114]. - The company has adopted a written terms of reference for the audit committee, which includes reviewing the financial reporting process and internal controls[124]. - The company established a Remuneration Committee, which held one meeting during the reporting period, focusing on the remuneration policies for executive directors and senior management[126]. - The Nomination Committee conducted two meetings, reviewing the board's structure and diversity policies, and assessing the independence of non-executive directors[128]. Financial Position and Shareholder Information - The company’s distributable reserves as of December 31, 2020, amounted to approximately HKD 27.6 million[187]. - The company did not recommend the payment of a final dividend for the fiscal year 2020[166]. - The largest customer accounted for 14.96% of total revenue in fiscal year 2020, compared to 14.25% in 2019[170]. - The top five customers represented 39.7% of total revenue in fiscal year 2020, slightly up from 39.6% in 2019[170]. - The top five suppliers accounted for 36.5% of total procurement in fiscal year 2020, down from 38.9% in 2019[170]. - The largest supplier accounted for 10.5% of total procurement in fiscal year 2020, compared to 10.6% in 2019[170]. - The company has set up multiple channels for communication with shareholders, including annual reports and a dedicated website[147]. Compliance and Risk Management - The company has maintained compliance with all applicable environmental laws and regulations during the fiscal year 2020[160]. - The company has no independent internal audit department but relies on external consultants for internal control reviews[138]. - The company’s compliance officer was appointed on October 4, 2019, ensuring adherence to regulations[153]. - The board has concluded that the risk management and internal control systems are effective and adequate after a review by an external independent consultant[137]. - The company ensures compliance with the Securities and Futures Ordinance regarding the disclosure of interests and holdings[196].

第三季度業績報告 2020 Third Quarterly Report 2020 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯 交所上市的公司帶有較高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市的公司普遍為中小型公司，在GEM買賣之證券可能會承受較於 聯交所主板買賣之證券為高之市場波動風險，同時亦無法保證在GEM買賣的證 券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會對本報告的全部或任何部分內容 所產生或因依賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關駿 高控股有限公司（「本公司」）及其附屬公司（統稱「本集團」或「我們」）的資料。 本公司之董事（「董事」）願共同及個別就本報告負全責，並在作出一切合理查詢 後確認，就彼等所深知及確信，本報告所載資料在各重大方面均屬準確完備， 且並無誤導或欺詐成分；亦無遺漏其他事項 ...

中期報告 2020 Interim Report 2020 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較於聯交所上市之其他公司帶有更高投資風險之中小型公司提供上市 之市場。有意投資者應了解投資於該等公司之潛在風險，並應經過審慎周詳考 慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會承受較於聯 交所主板買賣之證券為高之市場波動風險，同時亦無法保證在GEM買賣的證券 會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會對本報告的全部或任何部分內容 所產生或因依賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關駿 高控股有限公司（「本公司」）及其附屬公司（統稱「本集團」或「我們」）的資料。 本公司之董事（「董事」）願共同及個別就本報告負全責，並在作出一切合理查詢 後確認，就彼等所深知及確信，本報告所載資料在各重大方面均屬準確完備， 且並無誤導或欺詐成分；亦無遺漏其他事項，以致本報告所載任何陳述或本報 告有所誤導。 1 駿 ...

Financial Performance - For the first quarter ended March 31, 2020, the company reported revenue of HKD 105,515,000, a decrease of 4% from HKD 110,950,000 in the same period of 2019[7] - The gross profit for the first quarter was HKD 9,555,000, significantly up from HKD 2,960,000 in the previous year, representing a gross margin improvement[7] - The company recorded a loss before tax of HKD 3,082,000, an improvement compared to a loss of HKD 8,145,000 in Q1 2019, indicating a reduction in losses by approximately 62%[7] - The net loss for the period was HKD 3,079,000, compared to a net loss of HKD 8,147,000 in the same quarter last year, reflecting a 62% decrease in net losses[7] - Basic loss per share improved to HKD 0.51 from HKD 1.36 year-over-year, indicating a positive trend in loss reduction[7] - The total comprehensive loss for the period was HKD 3,007,000, compared to HKD 8,189,000 in the previous year, marking a significant improvement[7] - Revenue for the three months ended March 31, 2020, decreased by approximately 5.0% to HKD 105.5 million from HKD 111.0 million for the same period in 2019[26] - Loss attributable to owners decreased by approximately 62.2% to HKD 3.1 million from HKD 8.2 million for the same period in 2019[30] Expenses and Costs - Administrative expenses increased to HKD 11,973,000 from HKD 10,242,000, reflecting a rise of approximately 17% year-over-year[7] - Administrative expenses rose by approximately 17.6% to HKD 12.0 million, primarily due to increased depreciation and legal costs[28] - The company’s financing costs decreased to HKD 1,498,000 from HKD 1,638,000, indicating a reduction of about 9%[7] Shareholder Information - As of March 31, 2020, the major shareholder Million Venture Holdings owns 450,000,000 shares, representing 75% of the company's issued share capital[39] - The company did not declare any interim dividend for the three months ended March 31, 2020[32] - No share buybacks, sales, or redemptions occurred by the company or its subsidiaries during the three months ending March 31, 2020[34] - The company has not granted, exercised, canceled, or allowed any stock options under the stock option plan since its adoption on September 23, 2016[40] Corporate Governance - The company has complied with the corporate governance code, except for the separation of the roles of chairman and CEO, which is deemed appropriate due to the chairman's extensive experience in the industry[45] - There were no significant contracts in which directors had a substantial interest during the reporting period ending March 31, 2020[42] - The Audit Committee was established on September 23, 2016, and consists of three independent non-executive directors[49] - The Audit Committee reviewed the unaudited consolidated financial statements for the three months ended March 31, 2020, and confirmed compliance with applicable accounting standards[49] Future Outlook - The company plans to expand its e-commerce and fulfillment business and is looking for opportunities to set up additional warehouses in Asia[25] - The increase in e-commerce express business is attributed to rising demand from the U.S. and Europe, with plans to enhance last-mile delivery efficiency[22] - The COVID-19 pandemic is expected to impact the company's revenue and operational performance starting in April 2020, with ongoing monitoring of the situation[46] Other Information - The company has not received any notifications from other individuals regarding their interests in the company's shares or related securities as of March 31, 2020[39] - There were no disclosures of any interests or short positions in the company's shares by directors or major executives as of March 31, 2020[37] - No arrangements were made for directors to benefit from purchasing shares or bonds of the company or any other entity during the reporting period[41] - On May 8, 2020, Mr. Dai Jingfeng was appointed as an executive director[47] - The report will be published on the GEM website and the company's website for at least seven days from the publication date[50] - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2020, with no significant impact on its financial statements identified so far[15] - No significant acquisitions or disposals of subsidiaries, associates, or joint ventures occurred during the three months ended March 31, 2020[33]

Financial Performance - Total revenue increased by approximately 12.4% from HKD 366.8 million in FY2018 to HKD 412.3 million in FY2019, driven mainly by growth in e-commerce and logistics services[15]. - E-commerce fulfillment revenue rose significantly, contributing HKD 82.1 million in FY2019 compared to HKD 36.7 million in FY2018, reflecting a focus on higher-margin services[18]. - Logistics service revenue increased by approximately HKD 35.0 million, from HKD 76.6 million in FY2018 to HKD 111.6 million in FY2019, due to sales to existing and new customers[18]. - Gross profit increased by approximately 29.9% from HKD 25.4 million in FY2018 to HKD 33.0 million in FY2019, with gross margin improving from 6.9% to 8.0%[22]. - The company reported a loss attributable to shareholders of approximately HKD 18.1 million in FY2019, an improvement from a loss of HKD 24.9 million in FY2018[15]. - Sales costs rose by approximately 11.1% from HKD 341.4 million in FY2018 to HKD 379.3 million in FY2019, mainly due to increased costs in e-commerce and logistics services[20]. - The company recorded a loss attributable to owners of approximately HKD 18.1 million for the fiscal year 2019, a decrease from a loss of approximately HKD 24.9 million in 2018, primarily due to increased gross margins in e-commerce fulfillment and logistics businesses[27]. - The company did not recommend any final dividend for the fiscal year 2019[162]. Business Expansion and Strategy - The company expanded its e-commerce business in the United States, significantly contributing to revenue growth in 2019[8]. - The company plans to continue expanding its logistics business, focusing on e-commerce services and cross-border logistics in Europe and the United States[9]. - The company is expanding its e-commerce business to capture growth opportunities arising from increased demand in cross-border logistics activities[16]. - The company plans to continue expanding its e-commerce and fulfillment businesses and is looking for opportunities to set up different warehouses to expand its logistics operations in Asia[40]. - The company aims to establish business relationships with large and well-known clients to enhance its core logistics operations[9]. Operational Improvements - The logistics business profit margin improved in 2019 due to warehouse consolidation executed in 2018, leading to a reduction in operating losses[8]. - The additional costs incurred from warehouse consolidation and system upgrades in 2018 are expected to facilitate rapid growth in warehouse storage capacity in the coming years[9]. - The company has upgraded its warehouse management systems and renovated warehouses to enhance logistics operations[8]. - The company has diversified its business and expanded its customer base in response to intense competition and economic uncertainties[8]. Environmental and Social Responsibility - The company is committed to environmental protection and has implemented measures to reduce carbon emissions, improve energy efficiency, and conserve water resources[67]. - The company reported that its waste gas emissions primarily include nitrogen oxides (NOx), sulfur oxides (SOx), and particulate matter, mainly from vehicle emissions[68]. - Sulfur oxides (SOx) emissions decreased from 15.0 tons in 2018 to 10.4 tons in 2019, a reduction of approximately 30.7%[70]. - Nitrogen oxides (NOx) emissions decreased from 3,014.3 tons in 2018 to 2,082.7 tons in 2019, a reduction of approximately 30.8%[70]. - Total greenhouse gas emissions increased from 689.0 tons in 2018 to 887.2 tons in 2019, an increase of approximately 28.7%[73]. - The company has established appropriate and effective management policies and internal control systems for environmental, social, and governance issues as of the fiscal year ending December 31, 2019[66]. Governance and Compliance - The board of directors consists of six members, including three executive directors and three independent non-executive directors[109]. - The company has complied with all provisions of the corporate governance code, except for the separation of the roles of chairman and CEO[105]. - The group has adopted a code of conduct for directors that is more lenient than the GEM listing rules regarding securities transactions[107]. - The board has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee, to assist in fulfilling its responsibilities[122]. - The company adheres to corporate governance policies and practices, ensuring compliance with legal and regulatory requirements[114]. Employee and Workforce Management - The company employed 149 full-time employees as of December 31, 2019, an increase from 129 in 2018[42]. - The employee turnover rate for 2019 was 6.17%, up from 4.54% in 2018, indicating a rise in employee attrition[85]. - The operational department accounted for 83.2% of the total workforce in 2019, an increase from 76.7% in 2018[86]. - The company provided regular training to employees, including new employee orientation and professional skills enhancement[90]. - The company strictly adhered to labor laws and reported no violations related to labor regulations in 2019[88]. Financial Ratios and Metrics - The current ratio was 0.50, down from 0.64 in 2018, mainly due to a decrease in trade receivables and deposits[30]. - The debt-to-equity ratio as of December 31, 2019, was approximately 324.0%, up from 256.9% in 2018[30]. - The gross profit margin for the fiscal year 2019 was 8.0%, an increase from 6.9% in 2018[160]. - The return on equity for the fiscal year 2019 was -39.7%, compared to -39.1% in 2018[160]. Customer Relations and Satisfaction - The group received fewer than 10 customer complaints in the fiscal year 2019, most of which were resolved[98]. - The group has established a customer service team to handle inquiries and ensure customer satisfaction[98]. - There were no significant violations of health and safety standards related to the group's products and services in the fiscal year 2019[100]. Shareholder Engagement - The company encourages shareholders to attend meetings and vote, with all resolutions presented at the general meeting to be voted on by shareholding[136]. - The company has established multiple communication channels for shareholders and investors, including a dedicated website for business updates[142]. - The company has procedures in place for shareholders to propose special meetings and nominate candidates for the board[138].

Financial Performance - Revenue for the three months ended September 30, 2019, was HKD 94,423,000, representing a 12.5% increase from HKD 84,231,000 in the same period of 2018[6] - Gross profit for the nine months ended September 30, 2019, was HKD 21,517,000, up 48.3% from HKD 14,516,000 in the same period of 2018[6] - The company reported a net loss of HKD 15,604,000 for the nine months ended September 30, 2019, compared to a loss of HKD 16,731,000 in the same period of 2018, indicating a 6.7% improvement[6] - Basic loss per share for the three months ended September 30, 2019, was HKD 0.41, an improvement from HKD 1.06 in the same period of 2018[6] - Total comprehensive loss for the nine months ended September 30, 2019, was HKD 15,548,000, a slight decrease from HKD 16,731,000 in the same period of 2018[6] - Revenue for the nine months ended September 30, 2019, increased by approximately 22.1% to HKD 305.4 million from HKD 250.2 million for the same period in 2018[26] - Sales cost increased by approximately 20.4% from about HKD 235.7 million for the nine months ended September 30, 2018, to about HKD 283.9 million for the nine months ended September 30, 2019[27] - Gross profit rose by approximately 48.3% from about HKD 14.5 million to about HKD 21.5 million, with the gross margin increasing from approximately 5.8% to about 7.0%[27] - Other income and losses netted a loss of about HKD 2.8 million for the nine months ended September 30, 2019, compared to a gain of about HKD 88,000 for the same period in 2018, primarily due to a provision for trade receivables of about HKD 2.7 million[28] - Administrative expenses increased to HKD 32,183,000 for the nine months ended September 30, 2019, compared to HKD 27,478,000 in the same period of 2018, reflecting an increase of 17.5%[6] - Administrative expenses increased by approximately 17.1% from about HKD 27.5 million to about HKD 32.2 million, mainly due to an increase in legal and professional fees of about HKD 2.5 million[29] - The estimated tax expense for the nine months ended September 30, 2019, was HKD 67 thousand, calculated at a rate of 16.5%[18] Business Operations - The company continues to focus on expanding its logistics services, particularly in e-commerce and cross-border logistics[9] - Revenue from logistics services increased by approximately HKD 31.8 million, while revenue from e-commerce express services rose by approximately HKD 40.1 million for the nine months ended September 30, 2019[26] - The increase in revenue from sea freight forwarding services was primarily due to increased cargo volume from existing and new customers for the nine months ended September 30, 2019[26] - The company is expanding its e-commerce fulfillment business and logistics operations in Asia by establishing different warehouses[25] - The company aims to enhance its last-mile delivery times and streamline e-commerce processes to improve efficiency[25] - The company is strategically integrating logistics services into its core freight forwarding services to build a strong company image among shippers[22] Shareholder Information - The company’s total equity as of September 30, 2019, was HKD 48,112,000, down from HKD 71,523,000 as of September 30, 2018[7] - As of September 30, 2019, a director held 450 million shares, representing 75% of the issued share capital[44] - Mr. Zheng holds 100% beneficial ownership in Million Venture, with 1 share reported[46] - Million Venture owns 450,000,000 shares, representing 75% of the issued share capital[49] - Tai Choi Wan, spouse of Mr. Zheng, is also deemed to have a 75% interest in the same shares[49] - No options have been granted, exercised, canceled, or lapsed under the share option scheme since its adoption on September 23, 2016[50] - No arrangements were made for directors to benefit from purchasing shares or bonds of the company or any other entity during the nine months ended September 30, 2019[51] - There were no significant contracts in which directors had a substantial interest as of September 30, 2019[52] Corporate Governance - The company has complied with the corporate governance code, except for the separation of the roles of chairman and CEO[56] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated financial statements for the nine months ended September 30, 2019[59] Other Information - The company did not declare any interim dividends for the nine months ended September 30, 2019[21] - No interim dividend was recommended for the nine months ended September 30, 2019[33] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the nine months ended September 30, 2019[34] - The company has taken appropriate steps to remedy the issues that led to the suspension of trading and believes it has met the resumption guidance[40] - Following the report period, several executive directors resigned, and new executive directors were appointed on October 4, 2019[57] - The report will be available on the GEM website and the company's website for at least seven days from the publication date[59]

中期報告 2019 Interim Report 2019 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較於聯交所上市之其他公司帶有更高投資風險之中小型公司提供上市 之市場。有意投資者應了解投資於該等公司之潛在風險，並應經過審慎周詳考 慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會承受較於聯 交所主板買賣之證券為高之市場波動風險，同時亦無法保證在GEM買賣的證券 會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會對本報告的全部或任何部分內容 所產生或因依賴該等內容而引致的任何損失承擔任何責任。 合規主任 吳展鴻先生 授權代表 吳展鴻先生 陳振聲先生 董事委員會 審核委員會 李廣澤先生 （主席） 彭中輝先生 陳非非先生 薪酬委員會 陳非非先生 （主席） 李廣澤先生 彭中輝先生 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關駿 高控股有限公司（「本公司」）及其附屬公司（統稱「本集團」或「我們」）的資料。 本公司之董事（「董事」）願共同及個別就本報告負全責 ...

第一季度業績報告 2019 First Quarterly Report 2019 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯 交所上市的公司帶有較高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市的公司普遍為中小型公司，在GEM買賣之證券可能會承受較於 聯交所主板買賣之證券為高之市場波動風險，同時亦無法保證在GEM買賣的證 券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會對本報告的全部或任何部分內容 所產生或因依賴該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關駿 高控股有限公司（「本公司」）及其附屬公司（統稱「本集團」或「我們」）的資料。 本公司之董事（「董事」）願共同及個別就本報告負全責，並在作出一切合理查詢 後確認，就彼等所深知及確信，本報告所載資料在各重大方面均屬準確完備， 且並無誤導或欺詐成分；亦無遺漏其他事項 ...

香港聯合交易所有限公司（「聯交所」）GEM特色 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的市場。有意投資者應了解投資於該 等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會承受較於聯交所主板買賣的證券為高的市場波動風 險，同時亦無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本年報之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示 概不就因本年報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。 本報告乃根據聯交所GEM證券上市規則（「GEM上市規則」）提供有關駿高控股有限公司（「本公司」，連同其附屬公司 統稱「本集團」或「我們」）之資料。本公司各董事（統稱「董事」）願對本年報共同及個別承擔全部責任。各董事在作出 一切合理查詢後確認，就彼等所深知及確信，本年報所載資料在各重大方面均屬準確完整，並無誤導或欺詐成份，且 並無遺漏任何其他事項，致使本年報所載任何陳述或本年報有所誤導。 目 錄 3 公司資料 4 主席報告 5 管理層討論及分析 15 董事及 ...