香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股）有 限 公司 （於開曼群島註冊成立之成員有限公司） 8277 （股份代號： ） 2023 3 31 截至 年 月 日止年度之經審核年度業績公佈 GEM GEM 聯交所 （「 」）的特色 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公司提供一個上市的 市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投 GEM GEM 資決定。 的較高風險及其他特色表示 較適合專業及其他資深投資者。 GEM GEM 由於 上市公司新興的性質使然，在 買賣的證券可能會較於聯交所主板買賣的證券 GEM 承受較大的市場波動風險，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佈之內容概不負責，對其準確性或完整性亦無發 表聲明，並 ...

STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東 ( 控 股 ) 有 限 公 司 (於開曼群島註冊成立之成員有限公司) 股份代號: 8277 2022 第三季度 2022 報告 HT 7 - 11 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公司提供一個 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，並應經過審慎周詳的考慮 後方作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資 者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的 證券承受較大的市場波動風險，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報告之內容概不負責，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報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。 （未經審核） 駿東（控股）有限公司 2 | | | | VINIL - BAL | | | | --- | --- | --- | --- ...

Financial Performance - Revenue for the three months ended June 30, 2020, was HKD 44,853,000, an increase of 16.2% compared to HKD 38,491,000 for the same period in 2019[4] - Gross profit for the same period was HKD 10,045,000, representing a gross margin of 22.4%, up from HKD 4,611,000 in 2019[4] - Operating loss decreased to HKD 3,031,000 from HKD 6,555,000 year-on-year, indicating improved operational efficiency[4] - Loss attributable to equity shareholders for the period was HKD 5,589,000, a reduction of 42.5% compared to HKD 9,687,000 in the previous year[4] - Basic and diluted loss per share improved to HKD 2.56 from HKD 4.42 in the same quarter of 2019[4] - Total comprehensive loss for the period was HKD 5,471,000, significantly lower than HKD 11,636,000 in the prior year[4] - The company reported a net other comprehensive income of HKD 118,000, compared to a loss of HKD 1,949,000 in the previous year[4] - The company reported a loss of HKD 5,589,000 for the three months ended June 30, 2020, compared to a loss of HKD 9,687,000 for the same period in 2019[36] - Basic and diluted loss per share was HKD 2.56, an improvement from HKD 4.42 in the prior year[36] Revenue and Sales Growth - Revenue for the three months ended June 30, 2020, was HKD 44,853,000, an increase of 16.5% compared to HKD 38,491,000 for the same period in 2019[29] - Sales of structural panels increased significantly to HKD 17,206,000 from HKD 2,076,000 year-over-year, representing a growth of 728%[29] - Revenue from the People's Republic of China rose to HKD 17,960,000, up 122.8% from HKD 8,085,000 in the previous year[30] - Sales volume of plywood products increased by approximately 25.5%, from about 9,454 cubic meters for the three months ended June 30, 2019, to about 11,863 cubic meters for the same period in 2020[40] - The average gross profit margin increased by approximately 10.4% to about 22.4% for the three months ended June 30, 2020, compared to about 12.0% for the same period in 2019[41] Expenses and Liabilities - Administrative expenses increased to HKD 11,821,000 from HKD 9,194,000, reflecting higher operational costs[4] - The net current liabilities of the group were approximately HKD 83,861,000 as of June 30, 2020[26] - The group’s total bank and other borrowings amounted to approximately HKD 80.1 million as of June 30, 2020, down from approximately HKD 133.6 million as of March 31, 2020[45] - The group’s debt-to-asset ratio was approximately 88.4% as of June 30, 2020, compared to approximately 86.6% as of March 31, 2020[46] Corporate Governance and Compliance - The financial statements were prepared in accordance with all applicable Hong Kong Financial Reporting Standards[25] - The company expects that the application of new and revised Hong Kong Financial Reporting Standards will not have a significant impact on its consolidated financial statements in the future[24] - The company has complied with all applicable corporate governance code provisions during the reporting period, except for the matters disclosed[60] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the three months ending June 30, 2020[72] - The company has adopted a strict code of conduct for securities trading in compliance with GEM Listing Rules[59] Shareholder Information - As of June 30, 2020, the company had a total of 218,733,333 issued shares, with Ms. Sun Xuesong holding 123,041,695 shares (56.25%) and Mr. Xue Zhaoqiang holding 27,978,425 shares (12.79%)[54] - No individuals, other than directors or key executives, held any recorded interests in the company's shares or related securities as of June 30, 2020[56] - The company has not identified any competitive interests or conflicts of interest involving its directors or major shareholders during the reporting period[57] Future Plans and Market Expansion - The company continues to focus on the procurement, production, and sales of plywood and other wooden products, with no new product launches or market expansions reported in this quarter[7] - The group aims to expand its business into the North China market through the acquisition of Hebei Youlin Technology Co., Ltd., enhancing its trade operations[50] - Several trade subsidiaries have obtained FSC certification, allowing the group to participate in the trade chain of FSC-certified products, which is crucial for entering environmentally conscious markets[38] - The group plans to enhance productivity through improved service quality monitoring and internal process automation to reduce costs and improve efficiency[38] Accounting Standards - The adoption of new and revised Hong Kong Financial Reporting Standards did not have a significant impact on the company's accounting policies[8] - The adoption of Hong Kong Financial Reporting Standard 16 (HKFRS 16) has resulted in significant changes in lease accounting, requiring almost all leases to be recognized as right-of-use assets and lease liabilities on the balance sheet[11] - The Group has chosen not to capitalize leases related to low-value assets and short-term leases (less than 12 months) under HKFRS 16, with lease payments recognized as expenses on a straight-line basis[12] - The Group has recognized lease liabilities at the present value of lease payments not paid at the lease commencement date, using the incremental borrowing rate for discounting[17] - As of April 1, 2019, the Group has retrospectively adopted HKFRS 16, confirming lease liabilities for previously classified operating leases under HKAS 17, measured at the present value of remaining lease payments[19] - The Group has applied practical expedients, including using a single discount rate for leases with similar characteristics and exempting leases that will end within 12 months from the initial application date from recognition as right-of-use assets and lease liabilities[20] - The accounting treatment for lessors under HKFRS 16 remains largely unchanged from HKAS 17, with rental income from operating leases recognized on a straight-line basis over the lease term[21] Dividends and Stock Options - The company did not recommend any dividend for the three months ended June 30, 2020, consistent with the previous year[34] - The company has not granted any stock options under the stock option plan during the three months ending June 30, 2020, and there are no unexercised stock options as of June 30, 2020[68][69] - The stock option plan allows for a maximum of 20,000,000 shares to be granted, representing approximately 9.14% of the company's issued shares as of the report date[62] Events After Reporting Period - There were no significant events occurring after June 30, 2020, up to the report date[70] - No significant purchases, sales, or redemptions of the company's listed securities occurred during the three months ending June 30, 2020[58]

Financial Performance - For the fiscal year ending March 31, 2020, the group recorded a loss of approximately HKD 31.5 million, compared to a profit of approximately HKD 3.3 million for the previous year[11]. - Revenue decreased by approximately 8.1% to about HKD 223.5 million, down from HKD 243.2 million in the previous year[11]. - Gross profit decreased by approximately 4.9% to about HKD 42.5 million, compared to HKD 44.7 million in the previous year[11]. - The group's revenue for the year ended March 31, 2020, was approximately HKD 223.5 million, a decrease of about 8.1% from HKD 243.2 million in 2019, primarily due to a 35.3% drop in plywood product sales[23]. - Plywood sales volume decreased by approximately 29.0% from about 66,500 cubic meters for the year ended March 31, 2019, to about 47,240 cubic meters for the year ended March 31, 2020[21]. - The average gross profit margin increased by approximately 0.6% to about 19.0% for the year ended March 31, 2020, compared to 18.4% in 2019, driven by higher-margin wood products[24]. - The company reported a loss attributable to equity shareholders of HKD 31,505,000, a significant decline from a profit of HKD 3,344,000 in the previous year[183]. - Total assets decreased to HKD 387,931,000 in 2020 from HKD 428,224,000 in 2019, reflecting a decline of 9.4%[186]. - Net asset value dropped to HKD 51,971,000 in 2020, down from HKD 88,342,000 in 2019, indicating a decline of 41.2%[186]. - The company incurred financing costs of HKD 11,116,000, which increased significantly from HKD 3,467,000 in 2019[183]. - The basic and diluted loss per share was HKD 14.40, compared to earnings of HKD 1.53 per share in the previous year[183]. - The company reported a loss before tax of HKD 31,858,000 for the year 2020, compared to a profit of HKD 6,357,000 in 2019[190]. Expenses and Costs - Sales expenses decreased by approximately 26.0% to about HKD 5.4 million, down from HKD 7.3 million in the previous year[11]. - Administrative expenses increased by approximately 23.9% to about HKD 40.4 million, compared to HKD 32.6 million in the previous year[11]. - Administrative expenses increased by approximately HKD 7.8 million to about HKD 40.4 million for the year ended March 31, 2020, due to the consolidation of Hebei Youlin's administrative expenses[28]. - Depreciation expenses increased significantly to HKD 10,297,000 for property, plant, and equipment in 2020, up from HKD 2,994,000 in 2019[190]. Corporate Governance - The company has adhered to the corporate governance code as stipulated in the GEM listing rules for the year ending March 31, 2020[54]. - The board is committed to maintaining high levels of corporate governance while striving to create value for shareholders and achieve maximum returns[53]. - The company has implemented a standard code for regulating securities transactions by directors, in compliance with GEM listing rules[55]. - The company aims to enhance its internal control systems and improve corporate governance practices continuously[53]. - The board consists of six directors, including two executive directors, one non-executive director, and three independent non-executive directors[57]. - The board held four meetings during the year ending March 31, 2020, with all directors attending all meetings[60]. - The audit committee, composed of three independent non-executive directors, held four meetings and reviewed the annual performance and financial statements for the year ending March 31, 2020[72]. - The company is committed to a board diversity policy, ensuring a balance of skills, experience, and perspectives among board members[66]. - The chairman and CEO roles are separated, with the chairman focusing on overall strategy and the CEO managing daily operations[65]. - The company will continue to ensure that all board appointments are based on merit while considering diversity factors[66]. - The Nomination Committee held one meeting during the year ending March 31, 2020, with all members present[74]. - The company has adopted a nomination policy to enhance the transparency and reliability of the selection of directors[75]. - The Remuneration Committee also held one meeting during the year ending March 31, 2020, with all members present[83]. - The company has established a dividend policy that allows for the declaration of dividends based on the company's profits and reserves[87]. - The company will regularly review and reassess the effectiveness of its dividend policy[91]. - The company has arranged suitable insurance coverage for directors and senior officers against legal liabilities arising from corporate activities[86]. - The board of directors is responsible for ensuring that the consolidated financial statements are prepared in accordance with applicable statutory requirements and accounting standards[93]. - The company has implemented a robust internal control system to ensure effective operation in operational, financial, and compliance areas[96]. - The company has adopted a whistleblowing policy to encourage reporting of misconduct and enhance corporate governance standards[106]. - The company maintains effective communication with the investment community to enhance transparency and understanding of its business and developments[109]. - The board and audit committee systematically review the internal control and risk management functions, identifying areas for improvement[101]. - The company has established a formal mechanism for risk assessment and management, overseen by the compliance officer[102]. - The independent non-executive directors confirmed their independence as per the GEM Listing Rules, and all were deemed independent as of the report date[144]. Market Expansion and Strategy - The group aims to diversify its product range and expand into the Chinese market, particularly in the North China region, driven by favorable government policies[14]. - The acquisition of Hebei Youlin Technology Co., Ltd. is expected to provide a new growth point for the group by expanding its business into North China[14]. - The group is seeking business opportunities in potential markets outside of China to expand its customer base[15]. - Several trade subsidiaries have obtained Forest Stewardship Council (FSC) certification to participate in the FSC product trade chain[15]. - The group has obtained FSC certification for several trading subsidiaries to participate in the trade of FSC-certified plywood products, which is crucial for entering environmentally conscious markets[21]. - The company’s factories in China temporarily shut down for about one month due to COVID-19, resuming normal operations by the end of March 2020[192]. - The company has not identified any significant adverse effects on its financial statements due to COVID-19, aside from the temporary factory shutdown[192]. Financial Position and Assets - Cash and cash equivalents were approximately HKD 11.2 million as of March 31, 2020, down from HKD 14.0 million as of March 31, 2019[29]. - The group's total bank and other borrowings amounted to approximately HKD 133.6 million as of March 31, 2020, compared to HKD 175.6 million as of March 31, 2019[29]. - The debt-to-asset ratio increased to approximately 86.6% as of March 31, 2020, from 79.4% as of March 31, 2019, primarily due to impairments on property, plant, and equipment[30]. - The carrying amounts of property, plant, and equipment were HKD 219,222,000, with accumulated impairment losses of HKD 14,613,000[172]. - The carrying amount of right-of-use assets was HKD 60,481,000, with accumulated impairment losses of HKD 3,590,000[172]. - Impairment losses recognized during the fiscal year for property, plant, and equipment and right-of-use assets amounted to HKD 11,663,000 and HKD 3,590,000, respectively[172]. - The financial statements have been prepared in accordance with the Hong Kong Financial Reporting Standards and reflect the group's financial position as of March 31, 2020[168]. - The audit was conducted under the Hong Kong Auditing Standards, ensuring the independence of the auditors from the group[169]. - The group reported signs of impairment for operations in China and Hong Kong, which recorded minimal profits or losses during the fiscal year[172]. - The management's assessment of impairment involved significant assumptions and judgments regarding recoverable amounts[172]. Shareholder Information - As of May 21, 2020, approximately 1.27% of the company's issued share capital, totaling 2,782,000 shares, was sold by Guotai Junan Securities due to a margin call failure[55]. - As of March 31, 2020, the company had a total of 218,733,333 issued shares, with Ms. Sun Xuesong holding 123,041,695 shares (56.25%) and Mr. Xue Zhaoqiang holding 30,760,425 shares (14.06%)[146]. - The company did not engage in any purchases, sales, or redemptions of its listed securities during the fiscal year ending March 31, 2020[148]. - There were no outstanding stock options granted under the stock option plan as of March 31, 2020, and no stock options were granted during the fiscal year[160]. - The stock option plan allows for a maximum of 20,000,000 shares to be issued, representing approximately 9.14% of the issued shares as of the report date[154]. - The company confirmed compliance with the disclosure requirements under the GEM Listing Rules regarding related party transactions[142]. - There were no related party transactions that required disclosure beyond what was already reported[142]. - The company has not entered into any management contracts for the fiscal year ending March 31, 2020, except for employment contracts[145]. - The company appointed Mr. Chen Yuxiao as the company secretary on September 5, 2016, who is responsible for ensuring effective communication among board members and compliance with board policies[92].

STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限 公 司 股份代號: 8277 （於開曼群島註冊成立之成員有限公司） 第三季度報告 2019 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公司提供一個上 市的市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後 方作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的證 券承受較大的市場波動風險，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報告之內容概不負責，對其準確性或完整性亦 無發表聲明，並明確表示概不會就本報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定提供有關駿東（控股）有 限公司（「本公司」）之資料。本公司各董事（「董事」）願對本報告所載資料共同及個別承擔 全部責任 ...

STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限 公 司 （於開曼群島註冊成立之成員有限公司） 股份代號: 8277 中期報告 2019 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公司提供一個上 市的市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後 方作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的證 券承受較大的市場波動風險，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報告之內容概不負責，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報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定提供有關駿東（控股）有 限公司（「本公司」）之資料。本公司各董事（「董事」）願對本報告所載資料共同及個別承擔 全部責任 ...

STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限 公 司 （於開曼群島註冊成立的有限公司） 股份代號: 8277 第一季度報告 2019 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM的定位，乃為相比其他在聯交所上市的公司帶有較高投資風險的公司提供的一個上 市市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方 作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他老練投資者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的證 券承受較大的市場波動風險，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報告之內容概不負責，對其準確性或完整性亦 無發表聲明，並明確表示概不會就本報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定提供有關駿東（控股）有 限公司（「本公司」）之資料。本公司各董事（「董事」）願對本報告所載資料共同及個別承擔 ...

年報 2019 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 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公司提供一個上市的市場。有意投資者應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場波動風險，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報告之內容概不負責，對其準確性或完整性亦無發表聲明，並明確表示概不會就本報告全部 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。 STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號: 8277 非執行董事 | 目錄 | | --- | 丁洪泉先生 | 公司資料 | 3 | | --- | --- | | 主席報告 | 4 | | 管理層討論及分析 | 6 | | 董事及高級管 ...

STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限公司 （於開曼群島註冊成立的有限公司） 股份代號：8277 第三季度報告 2018 2018 (incorporated in the Cayman Islands with limited liability) Stock Code: 8277 STEED ORIENTAL (HOLDINGS) COMPANY LIMITED 駿 東（ 控 股 ）有 限公司 ird Quarterly Report 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公司提供一個上 市的市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後 方作出投資決定。GEM的較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司新興的性質使然，在GEM買賣的證券可能會較於聯交所主板買賣的證 券承受較大的市場波動風險，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報告之內容概不負責，對 ...