股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 比優集團控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09893 | 說明 | 沒有 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | | 0.01 HKD | | 50,000,000 | 本月底法定/註 ...

[Company Information](index=3&type=section&id=Company%20Information) The report details the company's core management, committee members, company secretary, registered office, principal bankers, and independent auditor - The report provides detailed basic company information, including core management, various committee members, company secretary, registered office, principal bankers, and independent auditor[3](index=3&type=chunk)[4](index=4&type=chunk)[5](index=5&type=chunk) - The executive directors include Mr. Ma Tianyi, Chairman and Chief Executive Officer The independent auditor is BDO Limited[3](index=3&type=chunk)[4](index=4&type=chunk) [Chairman's Statement](index=4&type=section&id=Chairman's%20Statement) The Group maintained stable operations and cash flow, successfully transitioning from GEM to the Main Board, and is expanding its mining and civil explosive businesses - During the reporting period, the Group's existing businesses maintained stable operations and robust cash flow, successfully completing the transfer from GEM to the Main Board, which provides a broader platform for future development[7](index=7&type=chunk) - The Group's civil explosive business in Inner Mongolia operated steadily, and new market opportunities in Xinjiang and Tibet are being actively explored Anhui Jinding Mining operated well with stable output, benefiting from high global metal product prices[7](index=7&type=chunk) - The Tibet Tianren Mining project has commenced full-scale construction, expected to be completed within two years The layout for civil explosive exports to Central Asia is complete, with plans to expand business scope to include blasting and mining construction projects[8](index=8&type=chunk) - The company proposes a final dividend of **HKD 0.015 per share** to share the benefits of the Group's stable development[9](index=9&type=chunk) [Management Discussion and Analysis](index=5&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review and Outlook](index=5&type=section&id=Business%20Review%20and%20Outlook) This year, the Group's core businesses (civil explosive trade, blasting services, mining) operated steadily, with profit growth in mining and strategic expansion into new markets - This year's main revenue sources were civil explosive materials trade, blasting services, and sales of concentrates[12](index=12&type=chunk) - The Anhui Jinding project saw an increase in profit levels, and the Tibet Tianren project completed preliminary approvals and commenced full-scale construction, with an estimated construction period of two years[12](index=12&type=chunk) - Future outlook: optimize civil explosive production capacity allocation, expand into Xinjiang and Tibet markets; seize new market opportunities in Central Asia with professional service capabilities; ensure progress of the Tibet Tianren project construction[13](index=13&type=chunk) [Financial Review](index=6&type=section&id=Financial%20Review) The Group's consolidated revenue grew by 24.09% to approximately RMB 1.696 billion, with profit increasing by 27.09% to RMB 325 million, while maintaining a healthy financial position Annual Financial Performance | Indicator | 2025 Fiscal Year | 2024 Fiscal Year | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Consolidated Revenue** | RMB 1.696 billion | RMB 1.366 billion | +24.09% | | **Profit for the Year** | RMB 325 million | RMB 256 million | +27.09% | Revenue Composition Details | Business Segment | Revenue (RMB Thousand) | Proportion | | :--- | :--- | :--- | | Sale of Explosives | 568,634 | 33.54% | | Provision of Blasting Services | 293,796 | 17.33% | | Sale of Concentrates | 833,077 | 49.13% | | **Total** | **1,695,507** | **100%** | - As of March 31, 2025, the Group's gearing ratio was **52.74%**, a decrease from **56.92%** in the same period last year[24](index=24&type=chunk) - The Board recommended a final dividend of **HKD 0.015 per share**, an increase from **HKD 0.01 per share** in the previous year[30](index=30&type=chunk) - On April 19, 2024, the company's wholly-owned subsidiary sold **40%** of the issued shares of Biyou International Limited for a consideration of **RMB 50 million**[22](index=22&type=chunk) [Resources and Reserves](index=9&type=section&id=Resources%20and%20Reserves) [Anhui Jinding](index=9&type=section&id=Anhui%20Jinding) Anhui Jinding produced 960,943 tonnes of ore in FY2025, holding significant JORC-compliant resources and reserves for its copper-gold and pyrite mines, with production planned until 2040 - In FY2025, Anhui Jinding produced **960,943 tonnes** of ore and processed **1,001,309 tonnes** of ore, with main products being copper-gold concentrate, pyrite concentrate, and magnetite concentrate[34](index=34&type=chunk) Huangtun Pyrite Mine Mineral Resources (As of March 31, 2025) | Area-Mineral Type | Category | Tonnage (Mt) | Total Sulfur (%) | Copper (%) | Gold (g/t) | | :--- | :--- | :--- | :--- | :--- | :--- | | **West Zone – Copper-Gold Ore** | Measured | 9.00 | 7.34 | 0.31 | 0.84 | | | Inferred | 2.20 | 5.54 | 0.26 | 1.75 | | **East Zone – Pyrite Ore** | Measured | 0.35 | 20.76 | 0.30 | 0.18 | | | Indicated | 18.54 | 20.03 | 0.07 | 0.08 | | | Inferred | 8.97 | 18.16 | 0.03 | 0.09 | Huangtun Mine Ore Reserves (As of March 31, 2025) | Area-Mineral Type | Category | Quantity (Mt) | Total Sulfur (%) | Copper (%) | Gold (g/t) | | :--- | :--- | :--- | :--- | :--- | :--- | | **West Zone – Copper-Gold Ore** | Probable | 7.72 | 7.48 | 0.31 | 0.81 | | **East Zone – Pyrite Ore** | Probable | 6.57 | 21.21 | 0.11 | 0.11 | [Tibet Tianren](index=13&type=section&id=Tibet%20Tianren) Tibet Tianren's Bangpu Molybdenum-Copper Mine, with a mining right until 2047, holds 708.65 million tonnes of JORC-compliant resources and 122.90 million tonnes of probable reserves, with construction for 6.0 million tonnes annual capacity expected by late 2027 - The Bangpu Mine project officially commenced mining construction in March 2025, expected to be completed by the end of 2027, with a designed annual production capacity of **6.0 million tonnes** of ore[64](index=64&type=chunk) Bangpu Mine Mineral Resources (As of March 31, 2025) | Category | Quantity (Mt) | Molybdenum (%) | Copper (%) | | :--- | :--- | :--- | :--- | | Measured | 79.44 | 0.071 | 0.200 | | Indicated | 547.70 | 0.063 | 0.205 | | Inferred | 81.51 | 0.062 | 0.194 | | **Total** | **708.65** | **0.063** | **0.203** | Bangpu Mine Ore Reserves (As of March 31, 2025) | Category | Quantity (Mt) | Molybdenum (%) | Copper (%) | | :--- | :--- | :--- | :--- | | Probable | 122.90 | 0.079 | 0.221 | [Expenditure Summary](index=15&type=section&id=Expenditure%20Summary) This year's total expenditures on exploration, development, and mining activities were primarily focused on Tibet Tianren's exploration and Anhui Jinding's mining operations Annual Exploration, Development, and Mining Activities Expenditure | Project | Exploration (RMB Thousand) | Development (RMB Thousand) | Mining (RMB Thousand) | | :--- | :--- | :--- | :--- | | Anhui Jinding | 1,464 | 4,566 | 42,362 | | Tibet Tianren | 23,662 | – | – | [Corporate Governance Report](index=16&type=section&id=Corporate%20Governance%20Report) [Corporate Governance Practices and the Board](index=16&type=section&id=Corporate%20Governance%20Practices%20and%20the%20Board) The company largely complied with the Corporate Governance Code, with minor deviations regarding director attendance, insurance, and the combined roles of Chairman and CEO, while maintaining a diverse board and holding regular meetings - During the reporting period, the company complied with the principles and provisions of the Corporate Governance Code, with three deviations: - C.1.6: Some directors were unable to attend the annual general meeting due to other commitments - C.1.8: No appropriate insurance was arranged for directors against potential legal actions - C.2.1: The roles of Chairman and Chief Executive Officer were combined and held by Mr. Ma Tianyi[72](index=72&type=chunk) - The Board comprises **eight directors**, including five executive directors and three independent non-executive directors, meeting the Listing Rules requirements[76](index=76&type=chunk)[84](index=84&type=chunk) - A total of **six Board meetings** were held this year, with an average attendance rate of **100%**; one general meeting was held, with an average attendance rate of approximately **75%**[87](index=87&type=chunk) [Board Committees](index=22&type=section&id=Board%20Committees) The company has established Remuneration, Audit, and Nomination Committees, predominantly composed of independent non-executive directors, which convened meetings and fulfilled their respective duties in reviewing policies, financial reporting, and board structure - The Remuneration Committee consists of three independent non-executive directors and one executive director, responsible for reviewing and formulating remuneration policies for directors and senior management[93](index=93&type=chunk) - The Audit Committee comprises three independent non-executive directors, with the chairman possessing appropriate professional qualifications, and its primary responsibility is to review and oversee the Group's financial reporting process and internal control procedures[103](index=103&type=chunk) - The Nomination Committee consists of three independent non-executive directors and one executive director, primarily responsible for reviewing the Board's structure, size, and composition, and identifying and recommending suitable director candidates[108](index=108&type=chunk) [Risk Management, Internal Control, and Shareholder Communication](index=26&type=section&id=Risk%20Management%2C%20Internal%20Control%2C%20and%20Shareholder%20Communication) The Board oversees the Group's effective risk management and internal control systems, including an internal audit function and a dividend policy, while ensuring robust communication with shareholders and adherence to diversity policies - The Board acknowledges its overall responsibility for the Group's risk management and internal control systems and has reviewed their effectiveness for the current year, deeming them effective and adequate[116](index=116&type=chunk)[120](index=120&type=chunk) - The company has established an internal audit department responsible for providing internal audit functions and conducting independent reviews of the adequacy and effectiveness of the risk management and internal control systems[121](index=121&type=chunk) - The company has formulated a dividend policy, considering various factors such as the Group's profitability, liquidity, working capital requirements, and overall market conditions when recommending dividends[128](index=128&type=chunk)[136](index=136&type=chunk) - The company has adopted a Board diversity policy and achieved relevant measurable objectives this year, with Board members demonstrating diversity in gender, professional background, and industry experience[135](index=135&type=chunk)[139](index=139&type=chunk)[140](index=140&type=chunk) [Biographies of Directors and Senior Management](index=33&type=section&id=Biographies%20of%20Directors%20and%20Senior%20Management) This section provides detailed biographies of the company's executive directors, independent non-executive directors, senior management, and company secretary, including their professional qualifications and industry experience - This section provides detailed personal biographies of the company's executive directors, independent non-executive directors, senior management, and company secretary, including their age, position, professional qualifications, industry experience, and family relationships (if applicable)[150](index=150&type=chunk)[156](index=156&type=chunk)[162](index=162&type=chunk) [Directors' Report](index=37&type=section&id=Directors'%20Report) [Results, Dividends, and Major Shareholders](index=37&type=section&id=Results%2C%20Dividends%2C%20and%20Major%20Shareholders) This report reviews the Group's business and financial performance, with the Board recommending a final dividend of HKD 0.015 per share, and details major shareholder interests, including a 38.26% stake held by Yaoyang - The Board recommended a final dividend of **HKD 0.015 per share** for the current year, an increase from **HKD 0.01 per share** in the previous year[171](index=171&type=chunk) - As of March 31, 2025, major shareholder Yaoyang held **38.26%** of the company's shares Several members of the Ma family and Mr. Liu Fali are deemed to have interests in each other's shares due to acting-in-concert undertakings[202](index=202&type=chunk)[204](index=204&type=chunk) - The Group's total charitable donations for the current year amounted to **RMB 4.06 million**, a significant increase from **RMB 1.63 million** in the previous year[180](index=180&type=chunk) [Share Award Scheme, Connected Transactions, and Other Matters](index=46&type=section&id=Share%20Award%20Scheme%2C%20Connected%20Transactions%2C%20and%20Other%20Matters) The 2019 Share Award Scheme expired without awards this year, a connected transaction involving the sale of 40% equity in Biyou International occurred, and the Group maintains sufficient public float despite high customer and supplier concentration - The company's Share Award Scheme adopted on July 8, 2019, expired on July 7, 2024 No shares were awarded under the scheme during the current year[218](index=218&type=chunk)[226](index=226&type=chunk) - During the current year, the Group sold **40%** of the equity interest in Biyou International Limited to connected person Inner Mongolia Shengli Civil Explosive Co., Ltd for a consideration of **RMB 50 million**[230](index=230&type=chunk) Major Customers and Suppliers Proportion | Item | Proportion (%) | | :--- | :--- | | Largest customer's share of total sales | 21% | | Top five customers' share of total sales | 47% | | Largest supplier's share of total purchases | 23% | | Top five suppliers' share of total purchases | 50% | - Based on publicly available information obtained by the company, as of the date of this report, the public holds at least **25%** of the company's issued share capital, meeting the sufficient public float requirement[233](index=233&type=chunk) [Independent Auditor's Report](index=52&type=section&id=Independent%20Auditor's%20Report) The independent auditor, BDO Limited, affirmed that the consolidated financial statements fairly present the Group's financial position and performance, with a key audit matter being the impairment assessment of goodwill and other non-current assets in the mining segment - The independent auditor, BDO Limited, believes that the consolidated financial statements truly and fairly reflect the Group's consolidated financial position as of March 31, 2025, and its financial performance for the year then ended, and are properly prepared in compliance with the disclosure requirements of the Hong Kong Companies Ordinance[246](index=246&type=chunk) - A key audit matter was the impairment assessment of goodwill and other non-current assets (including Anhui Jinding and Tibet Tianren) in the mining business segment This assessment involved significant judgments and estimates regarding assumptions such as mineral reserves, commodity prices, production costs, and discount rates[248](index=248&type=chunk)[250](index=250&type=chunk)[251](index=251&type=chunk) [Consolidated Financial Statements](index=58&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statement of Comprehensive Income](index=58&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) For the year ended March 31, 2025, the Group's revenue increased by 24.1% to RMB 1.696 billion, with profit for the year rising by 27.1% to RMB 325 million Summary of Consolidated Statement of Comprehensive Income | Indicator (RMB Thousand) | 2025 Fiscal Year | 2024 Fiscal Year | | :--- | :--- | :--- | | Revenue | 1,695,507 | 1,366,367 | | Gross Profit | 718,825 | 571,444 | | Operating Profit | 433,455 | 344,198 | | Profit Before Income Tax | 446,408 | 331,599 | | **Profit for the Year** | **325,377** | **256,021** | | Total Comprehensive Income | 328,496 | 254,877 | | **Basic Earnings Per Share (RMB)** | **0.047** | **0.037** | [Consolidated Statement of Financial Position](index=60&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, total assets grew by 17.2% to RMB 4.603 billion, total liabilities were RMB 2.428 billion, and total equity increased by 28.6% to RMB 2.175 billion, with a significant reduction in net current liabilities Summary of Consolidated Statement of Financial Position | Indicator (RMB Thousand) | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Non-current Assets | 3,298,307 | 2,986,814 | | Current Assets | 1,305,105 | 939,687 | | **Total Assets** | **4,603,412** | **3,926,501** | | Current Liabilities | 1,601,295 | 1,891,821 | | Non-current Liabilities | 826,629 | 342,994 | | **Total Liabilities** | **2,427,924** | **2,234,815** | | **Net Assets (Total Equity)** | **2,175,488** | **1,691,686** | [Consolidated Statement of Cash Flows](index=62&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) Net cash generated from operating activities significantly increased to RMB 514 million, while net cash used in investing activities was RMB 387 million, resulting in a substantial increase in cash and cash equivalents by year-end Summary of Consolidated Statement of Cash Flows | Indicator (RMB Thousand) | 2025 Fiscal Year | 2024 Fiscal Year | | :--- | :--- | :--- | | Net Cash from Operating Activities | 514,011 | 220,668 | | Net Cash Used in Investing Activities | (386,557) | (244,040) | | Net Cash from/(used in) Financing Activities | 277,708 | (338,661) | | **Net Increase/(Decrease) in Cash and Cash Equivalents** | **405,162** | **(362,033)** | | Cash and Cash Equivalents at Beginning of Year | 223,776 | 586,625 | | **Cash and Cash Equivalents at End of Year** | **632,545** | **223,776** | [Consolidated Statement of Changes in Equity](index=64&type=section&id=Consolidated%20Statement%20of%20Changes%20in%20Equity) Total equity increased to RMB 2.175 billion by March 31, 2025, driven by the year's profit and transactions with owners, including the sale of treasury shares and partial equity in a subsidiary - As of March 31, 2024, total equity was **RMB 1.692 billion** The profit for the year of **RMB 325 million** and other comprehensive income of **RMB 3.12 million** led to an increase in total equity[279](index=279&type=chunk)[281](index=281&type=chunk) - Transactions with owners during the year included the sale of treasury shares (increasing equity by **RMB 32.8 million**), sale of partial equity in a subsidiary (increasing equity by **RMB 50 million**), and contributions from non-controlling interests (increasing equity by **RMB 165 million**)[281](index=281&type=chunk) - As of March 31, 2025, total equity reached **RMB 2.175 billion**, with **RMB 1.047 billion** attributable to owners of the Company and **RMB 1.128 billion** attributable to non-controlling interests[281](index=281&type=chunk) [Notes to the Consolidated Financial Statements](index=66&type=section&id=Notes%20to%20the%20Consolidated%20Financial%20Statements) [Note 5: Revenue](index=90&type=section&id=Note%205%3A%20Revenue) The Group's total revenue from contracts with customers for the year was RMB 1.696 billion, primarily from the sale of explosives, provision of blasting services, and sale of concentrates Revenue from Contracts with Customers Details | Business Type | 2025 Fiscal Year (RMB Thousand) | 2024 Fiscal Year (RMB Thousand) | | :--- | :--- | :--- | | Sale of Explosives | 568,634 | 715,295 | | Provision of Blasting Services | 293,796 | 135,513 | | Sale of Concentrates | 833,077 | 515,559 | | **Total** | **1,695,507** | **1,366,367** | [Note 15: Segment Information](index=99&type=section&id=Note%2015%3A%20Segment%20Information) The Group operates in two segments: mining and explosives trade/blasting services, with the majority of revenue (approximately RMB 1.596 billion) generated from the China market FY2025 Segment Results | Operating Segment | Segment Revenue (RMB Thousand) | Segment Profit (RMB Thousand) | | :--- | :--- | :--- | | Mining Business | 854,628 | 220,701 | | Explosives Trade and Blasting Services | 840,879 | 253,123 | | **Total** | **1,695,507** | **473,824** | FY2025 Revenue from External Customers by Geographical Area | Region | Revenue (RMB Thousand) | | :--- | :--- | | China | 1,595,818 | | Tajikistan | 99,689 | | **Total** | **1,695,507** | [Note 19 & 20: Goodwill and Other Intangible Assets](index=113&type=section&id=Note%2019%20%26%2020%3A%20Goodwill%20and%20Other%20Intangible%20Assets) Goodwill net book value was RMB 42.63 million, allocated to Anhui Jinding, while other intangible assets totaled RMB 705 million, primarily mining rights and production quotas, with no impairment losses recognized this year - The net book value of goodwill was **RMB 42.632 million**, entirely attributable to Anhui Jinding's mining business Following impairment testing, its recoverable amount exceeded its carrying amount, and no impairment loss was recognized[396](index=396&type=chunk)[403](index=403&type=chunk) - The net book value of other intangible assets was **RMB 705 million**, primarily comprising mining rights (**RMB 527 million**), production quotas (**RMB 146 million**), and production licenses (**RMB 27.52 million**)[403](index=403&type=chunk) - Impairment assessment conducted for the Tibet Tianren cash-generating unit showed its recoverable amount of **RMB 2.083 billion** was higher than its carrying amount of **RMB 1.385 billion**, thus no impairment loss was recognized[419](index=419&type=chunk) [Note 28: Borrowings](index=128&type=section&id=Note%2028%3A%20Borrowings) As of March 31, 2025, total borrowings increased to RMB 897 million, primarily comprising secured bank and entrusted borrowings, mostly denominated in RMB with floating interest rates Borrowings Composition | Borrowing Type | 2025 (RMB Thousand) | 2024 (RMB Thousand) | | :--- | :--- | :--- | | Bank Borrowings – Secured | 506,160 | 245,900 | | Other Borrowings – Unsecured | 293,068 | 389,063 | | Entrusted Borrowings – Secured | 97,310 | 97,310 | | **Total** | **896,538** | **732,273** | - Bank borrowings are secured by mining rights pledges and shareholder guarantees The effective annual interest rate ranges from **1.35% to 3.55%**[439](index=439&type=chunk)[440](index=440&type=chunk) [Note 44: Financial Risk Management](index=146&type=section&id=Note%2044%3A%20Financial%20Risk%20Management) The Group manages credit, liquidity, interest rate, and currency risks, with credit risk concentrated in accounts receivable, liquidity managed by maintaining sufficient cash, and interest rate sensitivity impacting profit - Credit Risk: There is customer concentration risk, with **17%** of trade receivables from a single customer The Group has recognized a loss allowance of **RMB 56.7 million** based on the lifetime expected credit loss model[489](index=489&type=chunk)[491](index=491&type=chunk) - Liquidity Risk: The Group regularly monitors liquidity needs to ensure sufficient cash reserves As of the reporting period end, undiscounted financial liabilities due within one year or on demand amounted to approximately **RMB 1.484 billion**[498](index=498&type=chunk)[500](index=500&type=chunk) - Interest Rate Risk: If interest rates generally increase/decrease by **50 basis points**, annual profit would decrease/increase by approximately **RMB 1.825 million**[502](index=502&type=chunk) [Five-Year Financial Summary](index=159&type=section&id=Five-Year%20Financial%20Summary) This section provides a five-year overview of the Group's key financial performance indicators, including revenue, profit, total assets, liabilities, and equity Five-Year Financial Data Summary (RMB Thousand) | As of March 31 | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Results** | | | | | | | Revenue | 1,695,507 | 1,366,367 | 1,494,459 | 1,637,443 | 1,701,166 | | Profit for the Year | 325,377 | 256,563 | 154,606 | 208,520 | 278,091 | | **Assets and Liabilities** | | | | | | | Total Assets | 4,603,412 | 3,926,501 | 4,166,048 | 3,294,391 | 2,715,646 | | Total Liabilities | (2,427,924) | (2,234,815) | (2,520,235) | (1,857,792) | (1,548,379) | | Total Equity | 2,175,488 | 1,691,686 | 1,645,813 | 1,436,599 | 1,167,267 |

Pizu Group Holdings Limited 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。 （於開曼群島註冊成立之有限公司） （股份代號：9893） 全年業績公告 截至二零二五年三月三十一日止年度 摘要 1 • 本集團本年度之營業額約為人民幣169,551萬元，較去年增加約24.09%。 • 於本年度，本集團記錄之擁有人應佔溢利約為人民幣16,412萬元。 • 於本年度，本集團記錄之擁有人應佔全面收益總額約為人民幣16,651萬元。 • 本集團於本年度之每股基本及攤薄盈利約為人民幣0.047元。 • 建議派發期末股息每股0.015港元。 主席報告 比優集團控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）於截至二零二五 年三月三十一日止年度（「本年度」），承蒙列位股東及各界的信任、理解及支持， 本人藉此機會謹代表董事會（「董事會」）及全體員工向一直關心支持本集團的股東 及各界致以衷心感謝！ 二零二四╱二零二五年度內，本集 ...