StarGlory Holdings Company Limited 榮暉控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8213） 截至二零二五年三月三十一日止年度 全年業績公告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 一個上市的市場。有意投資的人士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上市公司通常為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承 受較大之市場波動風險，同時無法保證在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，並明確表示概不就因本公告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。 本公告的資料乃遵照《聯交所GEM證券上市規則》（「GEM上市規則」）而刊載，旨在提供有 關榮暉控股有限公司（「本公司」）之資料。本公司的董事（「董事」）願就本公告的資料共同及 個別承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本公 ...

Financial Performance - The consolidated revenue for the six months ended September 30, 2024, was approximately HKD 22,400,000, a decrease of about 62.3% compared to approximately HKD 59,400,000 for the same period last year[3]. - The loss attributable to the owners of the company increased from HKD 5,900,000 in the previous year to HKD 11,400,000 for the six months ended September 30, 2024[3]. - The gross profit margin for the six months ended September 30, 2024, was significantly impacted, with a gross profit of HKD 316 compared to HKD 29,352 in the previous year[5]. - The total comprehensive loss for the period was HKD 11,517,000, compared to HKD 7,373,000 in the previous year, indicating a worsening financial position[7]. - The net loss attributable to the owners per share for the six months ended September 30, 2024, was HKD 2.18, compared to HKD 1.13 in the previous year[5]. - The company reported a comprehensive loss of HKD (11,353,000) for the period, indicating ongoing financial challenges[15]. - The company reported a pre-tax loss of HKD 11,352,000 for the six months ended September 30, 2024, compared to a loss of HKD 5,869,000 for the same period in 2023[28]. - The group's gross profit margin for the reporting period was approximately 43.4%, compared to 49.4% in 2023[67]. Assets and Liabilities - The company's current liabilities increased to HKD 151,801,000 as of September 30, 2024, compared to HKD 186,028,000 as of March 31, 2024[9]. - The total assets less current liabilities amounted to HKD (103,322,000) as of September 30, 2024, compared to HKD (131,485,000) as of March 31, 2024[11]. - The company’s non-current assets decreased from HKD 18,007,000 as of March 31, 2024, to HKD 14,163,000 as of September 30, 2024[9]. - The company's total equity as of September 30, 2024, was HKD (451,358,000), indicating a decline in shareholder value[13]. - The group's debt-to-asset ratio increased to 397% as of September 30, 2024, compared to 344% as of March 31, 2024[71]. Cash Flow and Investments - The company's cash and cash equivalents decreased to HKD 18,334,000 from HKD 21,233,000 as of March 31, 2024[9]. - Net cash used in operating activities for the six months ended September 30, 2024, was HKD (3,260,000), an improvement from HKD (5,344,000) in the prior year[15]. - The net cash used in investing activities was HKD (716,000), a significant decrease from HKD 2,364,000 in the previous year, suggesting reduced investment outflows[15]. - The company has reallocated HKD 15,000,000 originally intended for bank loan repayment to invest in e-cigarette research, sales, and marketing in China and overseas[86]. - By September 30, 2024, approximately HKD 2,900,000 has been utilized for investments in the e-cigarette business in China, including office establishment and new equipment purchases[86]. - A total of HKD 18,500,000 has been reallocated for investments in the domestic healthcare business, including brand building and product development[87]. - The company has allocated approximately HKD 13,000,000 for renewable energy and new materials R&D, including a strategic investment of RMB 7,000,000 (approximately HKD 7,700,000) for a 20% stake in a subsidiary[89]. Strategic Initiatives - The company has implemented measures to optimize production outsourcing processes, enhance cost and inventory management systems, and improve operational efficiency in response to profit pressures[56]. - The flagship brand Italian Tomato is executing a strategic product mix optimization to seize seasonal opportunities and enhance customer engagement through targeted promotional activities[56]. - The group is focusing on the development of renewable energy and advanced materials, particularly in the photovoltaic industry, to penetrate the market[62]. - The group has expanded its advanced materials portfolio to include the development of RFID system electronic tags and is seeking strategic alliances with leading companies in the industry[62]. - The group signed an exclusive commercialization agreement for precision screen technology in the photovoltaic sector, obtaining comprehensive intellectual property rights and patent protection[59]. - The group aims to complete final verification procedures and commence small-scale production and commercialization of the precision screen technology by the end of the fiscal year[59]. Corporate Governance and Compliance - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024, consistent with the previous year[50]. - There were no significant transactions with related parties during the six months ended September 30, 2024[41]. - The company operates as a single business unit in the restaurant sector, with no identifiable segments for reporting purposes[44]. - The audit committee, consisting of three independent non-executive directors, reviewed and recommended the approval of the interim report and accounts for the six months ended September 30, 2024[114]. - The company has adhered to the corporate governance code as per GEM Listing Rules during the six months ended September 30, 2024[116]. Employee and Shareholder Information - The number of full-time employees decreased to 56 as of September 30, 2024, from 62 as of March 31, 2024[81]. - As of September 30, 2024, Hanbo Holdings Limited holds 296,887,066 shares, representing approximately 57.01% of the total issued shares[97]. - Mr. Tang Shengming holds convertible bonds with an outstanding principal amount of HKD 40,000,000, which upon full conversion will result in the issuance of 71,428,571 shares, equating to about 13.72% of the total issued capital[97]. - The new share option scheme allows for the issuance of up to 52,077,187 shares, which is 10% of the total issued share capital as of the adoption date[104]. - The new share option scheme aims to attract and retain contributors to the group's long-term growth and profitability[100].

Financial Performance - The company's consolidated revenue for the six months ended September 30, 2024, was approximately HKD 22,400,000, a decrease of about 62.3% compared to approximately HKD 59,400,000 for the same period last year[3]. - Loss attributable to the owners of the company increased from HKD 5,900,000 in the previous year to HKD 11,400,000 for the six months ended September 30, 2024[3]. - Gross profit for the six months ended September 30, 2024, was HKD 9,727,000, down from HKD 29,352,000 in the previous year, reflecting a significant decline in profitability[5]. - Operating loss for the period was HKD 9,624,000, compared to an operating loss of HKD 5,107,000 in the previous year, indicating worsening operational performance[5]. - The total comprehensive loss for the period was HKD 11,517,000, compared to HKD 7,373,000 in the previous year, highlighting increased financial challenges[7]. - Basic and diluted loss per share for the six months ended September 30, 2024, was HKD 2.18, compared to HKD 1.13 in the previous year, indicating a significant increase in loss per share[5]. - The company recorded a total comprehensive loss of HKD (11,517,000) for the six months ended September 30, 2024, compared to a loss of HKD (5,083,000) in the same period of 2023[24]. - The company reported a basic loss per share of approximately HKD 11,352,000 for the period, compared to HKD 5,869,000 for the same period in 2023[46]. Assets and Liabilities - Current assets as of September 30, 2024, totaled HKD 34,316,000, a decrease from HKD 36,536,000 as of March 31, 2024[10]. - Non-current assets decreased from HKD 18,007,000 as of March 31, 2024, to HKD 14,163,000 as of September 30, 2024, indicating a reduction in long-term asset value[11]. - The company's net liabilities increased from HKD 133,217,000 to HKD 143,924,000, reflecting a deterioration in financial health[14]. - The company has a net current liability of approximately HKD 117,485,000 as of September 30, 2024, indicating potential liquidity challenges[29]. - The company's total equity attributable to owners decreased to HKD (144,734,000) as of September 30, 2024, from HKD (122,916,000) at the end of the previous reporting period[24]. - The company reported total liabilities of HKD 39,990,000 as of September 30, 2024, an increase of 30.1% from HKD 30,746,000 as of March 31, 2024[55]. - The group's asset-liability ratio was 397% as of September 30, 2024, up from 344% as of March 31, 2024[88]. Cash Flow and Investments - The net cash used in operating activities for the six months ended September 30, 2024, was HKD (3,260,000), an improvement from HKD (5,344,000) in the previous year[18]. - The net cash generated from investing activities for the six months ended September 30, 2024, was HKD 1,092,000, compared to a cash outflow of HKD (85,000) in the previous year[19]. - The financing activities resulted in a net cash outflow of HKD (716,000) for the six months ended September 30, 2024, compared to a net inflow of HKD 2,364,000 in the same period of 2023[20]. - The company completed the sale of its subsidiary, resulting in a cash consideration of approximately HKD 2,000, which reflects a significant reduction in asset value[33]. - The remaining unutilized balance of the net proceeds is approximately HKD 7.1 million as of September 30, 2024[99]. Operational Developments - The company is focusing on optimizing production outsourcing processes and enhancing cost and inventory management systems to address significant profit pressure in the restaurant business[73]. - The company is implementing strategic product mix optimization and targeted promotional activities to enhance customer engagement and competitive positioning[73]. - The company aims to complete final verification procedures and commence small-scale production and commercialization of its photovoltaic technology by the end of the fiscal year[76]. - The company is focusing on the development of high-precision photovoltaic screen printing technology to enhance solar cell conversion efficiency[79]. - The company plans to expand its advanced materials portfolio to include RFID system electronic label development and seeks strategic alliances with industry leaders[79]. Shareholder Information - As of September 30, 2024, the company has issued a total of 520,771,875 ordinary shares[109]. - Ms. Pang Xiaoli holds 410,000 shares, representing approximately 0.08% of the company's issued voting shares[108]. - Hanbo Holdings Limited owns 296,887,066 shares, accounting for approximately 57.01% of the company's issued voting shares[111]. - The new share option plan allows for the issuance of up to 52,077,187 shares, which is 10% of the company's total issued share capital as of the adoption date[120]. - The new share option plan is designed to incentivize eligible participants and enhance their performance and efficiency[116]. Corporate Governance - The company has established an audit committee in compliance with GEM Listing Rules, which includes three independent non-executive directors as of September 30, 2024[130]. - The company has adhered to the corporate governance code during the six-month period ending September 30, 2024[134].

Economic Environment - The global economic landscape presents various interconnected challenges, including geopolitical conflicts and tightening monetary policies, impacting China's economic growth trajectory [8]. - The Hong Kong economy showed a real GDP growth of 2.7% in Q1 2024, down from 4.3% in Q4 2023, indicating a slowdown in economic recovery [142]. - The private consumption expenditure growth was only 1% in Q1 2024, a decrease of 2.5% compared to Q4 2023 [142]. - The International Monetary Fund (IMF) forecasts global economic growth of 3.2% in 2024, supported by resilience in the US and several emerging markets [153]. Business Performance - Hong Kong's restaurant business remains the primary revenue source for the company, but performance has declined due to labor shortages, rising operational costs, and increased competition [9]. - The audited revenue for the reporting period was approximately HKD 99.4 million, a decrease of about 38.8% compared to HKD 162.5 million in the previous fiscal year [141]. - The loss attributable to the company's owners was approximately HKD 16.2 million, an increase of about 30.8% from HKD 12.4 million in the previous fiscal year [141]. - The group recorded total revenue of approximately HKD 99.4 million, a decrease of about 38.8% compared to HKD 162.5 million in the previous year, primarily due to a reduction in customer numbers and intense market competition [159]. Strategic Initiatives - The company continues to leverage its flagship brand Italian Tomato by launching seasonal and festive products to consolidate existing customer bases and attract new customers [9]. - The group has decided to suspend the development of its oral care business in the first half of the fiscal year due to intense local market competition and unclear prospects, focusing resources on more promising areas [12]. - The group is shifting its business focus towards emerging photovoltaic and hydrogen energy markets, planning to install ten photovoltaic precision mesh production lines by the end of 2024 [12]. - The company aims to diversify its operations and expand revenue sources while maintaining core competitiveness [13]. Corporate Governance - The company emphasizes high standards of corporate governance and compliance with GEM listing rules throughout the reporting period [16]. - The company has appointed new independent non-executive directors, with terms set until December 10, 2024, ensuring compliance with corporate governance standards [26]. - The company established a corporate governance committee and appointed new members following resignations in June, July, and December 2023 [37]. - The corporate governance committee is responsible for reviewing and monitoring the company's compliance with governance codes and regulations [38]. Risk Management and Compliance - The company emphasizes a corporate culture of risk management, compliance, and corporate social responsibility to achieve its strategic vision [30]. - The board is committed to maintaining effective risk management and internal control systems to protect shareholder interests [61]. - The company has established appropriate insurance arrangements for legal actions against directors [68]. - The independent auditor did not express any reservations but highlighted significant uncertainties regarding the group's ability to continue as a going concern [59]. Employee and Workforce Management - Employee turnover rates have been increasing, leading to a higher proportion of part-time employees within the company [104]. - The company emphasizes the importance of employee development and provides training opportunities to enhance skills and career growth [114]. - The company promotes a diverse and inclusive work environment, ensuring equal opportunities for all employees [105]. - The company has maintained a focus on health and safety, implementing regular inspections and training to ensure a safe working environment for employees [110]. Environmental, Social, and Governance (ESG) Practices - The company has established a dedicated team to manage ESG matters and ensure effective risk management and internal controls related to ESG [81]. - The company adheres to the ESG reporting principles of materiality, quantification, and consistency to ensure meaningful comparisons of ESG data [80]. - The company has implemented a series of energy-saving measures, including the installation of sensor faucets in offices and restaurants to conserve water [96]. - The company has identified "climate change" as a significant ESG risk affecting its operations, particularly in the restaurant industry [101]. Financial Management - The gross profit margin for the reporting period was approximately 48.5%, down from 53.5% in the previous year, attributed to increased sales costs following the outsourcing of cake production processes [161]. - Operating expenses decreased by approximately 38.2% to about HKD 65.3 million from HKD 105.6 million in the previous year, due to strict cost control measures and optimization of the cost structure [161]. - The group had no significant contingent liabilities as of March 31, 2024, consistent with the previous year [180]. - The company raised approximately HKD 100 million through a rights issue, issuing 1,388,725,000 shares at a subscription price of HKD 0.072 per share [183].

Financial Performance - For the fiscal year ending March 31, 2024, the total comprehensive loss amounted to HKD 17,674,000, compared to a loss of HKD 12,712,000 in the previous year, representing a year-on-year increase of approximately 39%[29]. - The company reported a basic loss per share of HKD (3.11), compared to HKD (2.38) in the previous year, indicating a deterioration in earnings performance[28]. - As of March 31, 2024, the total equity attributable to the owners of the company was HKD (133,217,000), a decline from HKD (118,788,000) in the previous year, reflecting a decrease of approximately 12.1%[38]. - The company reported a net loss attributable to owners of HKD 16,439,000 for the year, compared to HKD 10,451,000 in the previous year, which is an increase of approximately 57%[33]. - The total annual loss was HKD 16,304,000, an increase from HKD 14,025,000 in the prior year, reflecting a 16.2% rise in losses[53]. - The company reported a revenue of HKD 99,391,000 for the year ending March 31, 2024, a decrease of 38.9% compared to HKD 162,508,000 in the previous year[52]. - Gross profit for the same period was HKD 48,186,000, down 44.6% from HKD 86,977,000 year-over-year[52]. - The company incurred an operating loss of HKD 12,017,000, compared to an operating loss of HKD 9,406,000 in the previous year, indicating a worsening performance[52]. - The company reported other income of HKD 850,000, a substantial decrease from HKD 8,838,000 year-over-year[52]. - The financial expenses for the year were HKD 3,906,000, down from HKD 5,519,000, showing a reduction in financial costs[52]. - The pre-tax loss for the year 2024 was approximately HKD 15,923,000, compared to a loss of HKD 14,925,000 in 2023, reflecting an increase of 6.7%[107]. - The basic loss per share for 2024 was HKD 16,205,000, compared to HKD 12,391,000 in 2023, indicating a rise of 30.5%[109]. Cash Flow and Assets - The company’s cash and cash equivalents decreased to HKD 21,233,000 from HKD 31,390,000, representing a decline of approximately 32.4% year-on-year[35]. - The company’s total assets less current liabilities stood at HKD (131,485,000), worsening from HKD (71,724,000) in the previous year[58]. - The company’s trade receivables amounted to HKD 693,000, down from HKD 1,937,000 in 2023, reflecting a decrease of approximately 64.2%[146]. - The company's cash and cash equivalents were approximately HKD 10,208,000 as of March 31, 2024, compared to HKD 1,232,000 in 2023, indicating a significant increase[153]. - The company has unrecognized tax losses of approximately HKD 71,908,000 in Hong Kong, which can be carried forward indefinitely, compared to HKD 57,775,000 in 2023[108]. Liabilities and Equity - The company’s total liabilities net of current liabilities stood at HKD (133,217,000), an increase from HKD (118,788,000) in the previous year, reflecting a worsening financial position[37]. - The net liabilities as of March 31, 2024, were approximately HKD 149,492,000, indicating a significant increase from HKD 95,350,000 in the previous year[56]. - The company’s total liabilities classified as current liabilities amounted to HKD 30,746,000 in 2024, compared to HKD 24,065,000 in 2023, reflecting an increase of approximately 27.5%[154]. - Total liabilities, including trade payables and accrued expenses, rose to HKD 30,746,000 in 2024 from HKD 24,190,000 in 2023, representing an increase of about 27.5%[154]. - The company’s trade payables increased significantly to HKD 16,556,000 in 2024 from HKD 6,379,000 in 2023, marking an increase of approximately 159.5%[154]. Revenue and Sales - Revenue from catering services and others decreased to HKD 20,786,000 in 2024 from HKD 32,055,000 in 2023, representing a decline of approximately 35.5%[99]. - Revenue from cake sales dropped to HKD 78,605,000 in 2024 from HKD 130,263,000 in 2023, a decrease of about 39.6%[99]. - Total revenue for the year was HKD 99,391,000, down from HKD 162,508,000 in the previous year, indicating a decline of approximately 38.8%[99]. - The group recorded total revenue of approximately HKD 99.4 million for the reporting period, a decrease of about 38.8% compared to HKD 162.5 million in the previous fiscal year, primarily due to a reduction in customer numbers and intense competition in the dining market[179]. Operational Challenges - The company’s revenue from restaurant services was impacted by various factors, including the ongoing effects of the pandemic and market conditions, leading to a significant increase in operational challenges[31]. - The total segment loss for the restaurant division was HKD 5,130,000, compared to a loss of HKD 3,513,000 in the previous year[159]. - The total segment loss for the healthcare division was HKD 870,000, compared to a loss of HKD 6,090,000 in the previous year[159]. - The number of restaurant closures in Hong Kong reached 401 in October 2023, 406 in November, and 314 in December, indicating a challenging operating environment[167]. Strategic Decisions and Future Outlook - The company has decided to terminate its healthcare product business due to intense competition and high industry barriers in the domestic market[76]. - The company anticipates having sufficient financial resources to meet its financial obligations in the foreseeable future, based on projected cash flows[71]. - The group is focusing on improving restaurant design and menu options to enhance brand appeal and attract local customers[171]. - The group has shifted its focus towards renewable energy sectors, particularly in photovoltaic precision mesh and hydrogen titanium fiber felt, to drive future growth[177]. - The group remains cautious about the e-cigarette industry due to stricter regulations and is reallocating resources to more promising renewable energy businesses[179]. Cost Management - The group implemented effective cost control measures, leading to a reduction in operating expenses during the reporting period[166]. - The total operating expenses decreased by approximately 38.2% to about HKD 65.3 million, down from HKD 105.6 million in the previous year, due to optimized cost structures[180]. Market Conditions - The global economic growth rate is projected to remain at 3.2% for 2024 and 2025, according to the International Monetary Fund (IMF)[166]. - Hong Kong's GDP grew by 2.7% in Q1 2024, down from 4.3% in Q4 2023, indicating economic recovery challenges[196]. - Private consumption expenditure in Hong Kong increased by only 1% in Q1 2024, a decline of 2.5% compared to Q4 2023[196]. - China's GDP grew by 5.2% in 2023 compared to 2022, with a 5.3% increase in Q1 2024 over Q4 2023, signaling a rebound in industrial and service sectors[197]. - The global e-cigarette market faces significant regulatory challenges, with 121 countries and regions implementing regulatory frameworks for electronic nicotine delivery systems[200].

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，並明確表示概不就因本公告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。 StarGlory Holdings Company Limited 榮 暉 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） 8213 （股份代號： ） 有關截至二零二三年三月三十一日止年度年報 及截至二零二三年九月三十日止六個月中期報告之補充公告 茲提述榮暉控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）於二零二三年六月 二十九日刊發之截至二零二三年三月三十一日止年度之年報及本公司於二零二三年十一 月十四日刊發之截至二零二三年九月三十日止六個月之中期報告（「二零二三年中期報 告」）。除另有界定者外，本公告所用詞彙與二零二三年中期報告所界定者具有相同涵義。 董事會（「董事會」）謹此向投資者提供以下有關供股所得款項用途的補充資料： 延遲動用供股所得款項之理由 誠如二零二三年中期報告「供股之所得款項用途」一節所披露，於二零二三年九月三十日， 23,000,000 分配用於潛在投資機會的所得款 ...

Financial Performance - For the six months ended September 30, 2023, the consolidated revenue of StarGlory Holdings was approximately HKD 59.4 million, a decrease of about 24.2% compared to approximately HKD 78.4 million for the same period last year[3]. - The loss attributable to the owners of the company increased from HKD 3.8 million in the previous year to HKD 5.9 million for the six months ended September 30, 2023[3]. - Gross profit for the six months ended September 30, 2023, was HKD 29.4 million, down from HKD 45.0 million in the same period last year, reflecting a decline in gross margin[5]. - Operating loss for the period was HKD 5.1 million, compared to an operating profit of HKD 2.3 million in the previous year[5]. - The total comprehensive loss for the six months ended September 30, 2023, was HKD 7.4 million, compared to a total comprehensive loss of HKD 3.0 million in the same period last year[7]. - For the six months ended September 30, 2023, the company reported a net loss of HKD 5,869,000 compared to a net loss of HKD 3,798,000 for the same period in 2022, representing an increase in loss of approximately 54.5%[13]. - Revenue from catering services and other activities for the six months ended September 30, 2023, was HKD 59,443,000, a decrease of 24.1% from HKD 78,346,000 in the same period of 2022[20]. - The company recorded a cash outflow from operating activities of HKD 5,344,000 for the six months ended September 30, 2023, compared to a cash inflow of HKD 1,343,000 in the same period of 2022[15]. - The company’s total comprehensive loss for the six months ended September 30, 2023, was HKD 3,848,000, compared to a total comprehensive loss of HKD 1,137,000 in the same period of 2022[13]. - The company’s accumulated losses increased to HKD 429,671,000 as of September 30, 2023, from HKD 415,209,000 as of September 30, 2022[13]. Assets and Liabilities - As of September 30, 2023, the total assets less current liabilities amounted to HKD (118.7) million, indicating a significant increase in liabilities compared to HKD (71.7) million as of March 31, 2023[9]. - The company reported cash and cash equivalents of HKD 28.6 million as of September 30, 2023, down from HKD 31.4 million as of March 31, 2023[9]. - The company’s current liabilities increased to HKD 180.5 million from HKD 144.5 million as of March 31, 2023, indicating a growing financial pressure[11]. - The company’s total liabilities as of September 30, 2023, included a net current liability of approximately HKD 132,904,000, indicating potential liquidity concerns[18]. - The company has extended the repayment date of a loan from a lender to June 22, 2024, with an outstanding principal and interest balance of approximately HKD 98,453,000[19]. - The group’s debt-to-asset ratio was 299% as of September 30, 2023, up from 263% on March 31, 2023[65]. Business Operations and Strategy - The company has not disclosed any new product developments or market expansion strategies during this reporting period[5]. - There were no mentions of mergers or acquisitions in the financial report for the six months ended September 30, 2023[5]. - The group plans to continue focusing on its core dining business and explore business optimization strategies to improve operational efficiency and profitability[56]. - The group aims to enhance customer satisfaction and attract new customers by continuously innovating and optimizing its menu, including seasonal specialty products[57]. - The group will actively explore new opportunities and seek profitable investment projects to diversify its business and expand revenue sources[59]. - The group has decided to suspend its loss-making oral care business starting from April 2023 due to high industry barriers and intense competition[53]. - The company has adopted a cautious approach to business expansion due to the ongoing impact of COVID-19, with no agreements or memorandums of understanding for acquisitions as of September 30, 2023[81]. Market Conditions - The company faces significant challenges in the restaurant business due to intense competition and labor shortages, which have led to increased labor costs[50]. - The electronic cigarette industry is facing increased regulatory scrutiny, with new regulations implemented in China and Hong Kong affecting market conditions[49]. - The overall consumer price index in Hong Kong increased by 1.8% year-on-year in August 2023, consistent with the previous month[48]. - The total revenue of the restaurant industry in Hong Kong for the second quarter of 2023 was HKD 27.4 billion, representing a year-on-year increase of 24.3%[46]. Corporate Governance and Management - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2023, compared to no dividend in the previous year[43]. - The company has undergone a change in its board composition, with Mr. Feng Xingwei appointed as an independent non-executive director on July 4, 2023[93]. - Mr. Feng has over 10 years of experience in investment management, particularly in the information technology and semiconductor sectors[94]. - The company appointed Mr. Li Hongchen as an executive director effective July 28, 2023, replacing Mr. Wu Xiaowen, who resigned[96]. - Ms. Liao Sijie was appointed as an independent non-executive director and chair of the audit committee, effective July 28, 2023[96]. - The monthly director remuneration for Mr. Feng, Mr. Li, and Ms. Liao is set at HKD 15,000, HKD 20,000, and HKD 15,000 respectively[99]. - The audit committee has held two meetings prior to approving the interim report for the six months ending September 30, 2023[103]. - The company has adhered to the corporate governance code as per GEM listing rules during the six months ending September 30, 2023[105]. Shareholder Information - As of September 30, 2023, Hanbo Holdings Limited holds 296,887,066 shares, representing approximately 57.01% of the total issued shares[87]. - Mr. Tang Shengming holds convertible bonds with an outstanding principal amount of HKD 40,000,000, which upon full conversion will result in the issuance of 71,428,571 shares, equating to about 13.72% of the total issued shares[88]. - The company has adopted a share option scheme on September 22, 2023, allowing participants to purchase shares to incentivize their contributions[89]. - The maximum number of shares that can be granted to any participant within a 12-month period is capped at 1% of the total issued shares, unless approved by shareholders[90]. - No share options were granted, exercised, lapsed, or cancelled during the reporting period[92].

香港交易及結算所有限公司及聯交所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，並明確表示概不就因本公告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。 StarGlory Holdings Company Limited 榮 暉 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） 8213 （股份代號： ） 截至二零二三年九月三十日止六個月 中期業績公告 GEM 香港聯合交易所有限公司（「聯交所」） 之特色 GEM 的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 一個上市的市場。有意投資的人士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。 GEM GEM 由於 上市公司通常為中小型公司，在 買賣的證券可能會較於主板買賣之證券承 GEM 受較大之市場波動風險，同時無法保證在 買賣的證券會有高流通量的市場。 GEM GEM 本公告的資料乃遵照《聯交所 證券上市規則》（「 上市規則」）而刊載，旨在提供有 關榮暉控股有限公司（「本公司」）之資料。本公司的董事（「董事」）願就本公告的資料共同及 個別承擔全部責任。各董事在 ...

Financial Performance - For the three months ended June 30, 2023, the consolidated revenue of StarGlory Holdings was approximately HKD 31,100,000, a decrease of about 20.9% compared to approximately HKD 39,300,000 for the same period last year[3]. - The loss attributable to owners of the company increased from approximately HKD 500,000 in the same period last year to approximately HKD 6,000,000 for the three months ended June 30, 2023[3]. - The gross profit for the three months ended June 30, 2023, was HKD 15,557,000, down from HKD 23,070,000 in the previous year, reflecting a decline in profitability[5]. - The total comprehensive loss for the period was HKD 5,231,000, compared to a total comprehensive loss of HKD 465,000 in the previous year[7]. - The company's unaudited revenue for the three months ended June 30, 2023, was approximately HKD 31,100,000, a decrease of about 20.9% compared to HKD 39,300,000 in the same period last year[20]. - The loss attributable to the company's owners for the three months ended June 30, 2023, increased to approximately HKD 5,978,000 from HKD 531,000 in the same period last year[17]. - The basic and diluted loss per share for the three months ended June 30, 2023, was HKD 1.15, compared to HKD 0.1 for the same period last year[5]. Operating Expenses and Cost Management - Operating expenses for the period were HKD 21,432,000, compared to HKD 27,405,000 for the same period last year, indicating a reduction in operational costs[5]. - The group has implemented cost control measures, resulting in a reduction of total operating expenses by approximately 21.8% to about HKD 21,400,000[36]. Market and Economic Conditions - The overall restaurant confidence index in Hong Kong increased from 6.1 in Q4 2022 to 6.5 in Q1 2023, indicating improved industry sentiment[24]. - The Chinese oral care market is expected to exceed USD 7.4 billion in 2023, with existing brands dominating the market[24]. - The global economic growth is projected to slow from 3.1% in 2022 to 2.1% in 2023, influenced by rising interest rates and potential financial risks[21]. - The Hong Kong economy showed significant improvement in Q1 2023, with a seasonally adjusted GDP growth of 5.3% quarter-on-quarter[22]. - The group expects the Hong Kong economy to grow at a real GDP growth rate of 3.5% to 5.5% in 2023, supported by inbound tourism and local demand[29]. Strategic Focus and Future Plans - The group plans to focus on its core business in the Hong Kong dining sector, aiming to enhance sales through promotional and marketing activities[29]. - The group will temporarily suspend its oral care product sales channel starting April 2023 due to intense competition in the Chinese market[32]. - The group anticipates continued instability in the e-cigarette industry due to tightening regulations globally, and will adopt a cautious approach while seeking potential opportunities[28]. - The group aims to enhance customer loyalty and attract new customers through digitalization and exclusive offers on popular online food delivery platforms[30]. - The group will continue to explore potential market opportunities in the healthcare sector despite the underperformance of its oral care products[32]. Shareholding and Corporate Governance - As of June 30, 2023, Hanbo Holdings Limited holds 296,887,066 shares, representing approximately 57.01% of the issued share capital[40]. - Mr. Tang Shengming holds convertible bonds with an outstanding principal amount of HKD 40,000,000, which upon full conversion will result in the issuance of 71,428,571 shares, equating to about 13.72% of the issued share capital[42]. - The company has a total issued share capital of 520,771,875 shares as of June 30, 2023[42]. - The company has established an audit committee in compliance with GEM Listing Rules, which includes three independent non-executive directors as of June 30, 2023[53]. - The company confirmed that all directors complied with the trading standards regarding securities transactions during the three months ending June 30, 2023[55]. - The company has maintained high standards of corporate governance and has adhered to the corporate governance code as per GEM Listing Rules during the three months ending June 30, 2023[56]. - The chairman and executive directors of the company are Zhang Tao and Li Hongchen, with independent non-executive directors including Chen Yiping, Feng Xingwei, and Liao Sijie[56]. Dividends and Financial Support - The company did not recommend the payment of an interim dividend for the three months ended June 30, 2023, consistent with no dividend in the same period last year[19]. - The company has received continued financial support from its ultimate beneficial owner, Ms. Wong Li, and a loan memorandum was signed to extend the repayment date of a loan of approximately HKD 98,453,000 to June 22, 2024[14]. Changes in Management - The board of directors underwent changes, with Mr. Feng Xingwei appointed as an independent non-executive director on July 4, 2023[44]. - Mr. Li Hongchen was appointed as an executive director on July 28, 2023, following the resignation of Mr. Wu Xiaowen[47].

StarGlory Holdings Company Limited 榮 暉 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） 8213 （股份代號： ） 截至二零二三年六月三十日止三個月 第一季度業績公告 GEM 香港聯合交易所有限公司（「聯交所」） 之特色 GEM 的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 一個上市的市場。有意投資的人士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。 GEM GEM 由於 上市公司一般為中小型公司，在 買賣的證券可能會較於主板買賣之證券承 GEM 受較大之市場波動風險，同時無法保證在 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，並明確表示概不就因本公告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。 GEM GEM 本公告的資料乃遵照《聯交所 證券上市規則》（「 上市規則」）而刊載，旨在提供有 關榮暉控股有限公司（「本公司」）之資料。本公司的董事（「董事」）願就本公告的資料共同及 個別承擔全部責任。各董 ...