ZHENGYE INTERNATIONAL HOLDINGS COMPANY LIMITED 正 業 國 際 控 股 有 限 公 司 （ 於百慕達註冊成立的有限公司） （股份代號：3363） 關於二零一八年至二零二零年年報之補充公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 董事及行政總裁酬金 截至二零一八年十二月三十一日止年度 已付或應付八名（ 二零一七年：七名）董事及行政總裁各自的酬金如下： | | | | | 退休福利 | | | | --- | --- | --- | --- | --- | --- | --- | | | | 袍金 | 薪金 | 表現獎金 計劃供款 | | 總計 | | | | 人民幣千元 | 人民幣千元 | 人民幣千元 人民幣千元 | | 人民幣千元 | | 執行董事 | | | | | | | | — | 胡正 | — | 2,500 | — | 14 | 2,514 | | — | 胡漢朝 | — | 2,200 ...

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上市公司普遍為中小型公司，在GEM買賣的證券可能會較於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。 本報告包括之資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關濠亮環球有限公司（「本 公司」）之資料；本公司董事（「董事」）願就本報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 認就彼等所知及所信，本報告所載之資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無遺漏任何其他事 項，足以令本報告或其所載任何陳述產生誤導。 1 濠亮環球有限公司 / 中期報告2025 目錄 頁次 | 中期業績 | | | --- | --- | | 未經審核簡明綜合損益及其他全面收益表 | 3 | | 未經審核簡明綜合財務狀況表 | 4 | | 未經審核簡明綜合權益變動表 | 5 | | 未經 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內 容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立的有限公司） （股份代號：626；網址：www.publicnancial.com.hk） 截至二零二五年十二月三十一日止年度全年業績 大眾金融控股有限公司（「本公司」）董事會（「董事會」）欣然公佈本公司及其附屬公司（統 稱「本集團」）截至二零二五年十二月三十一日止年度的綜合業績及比較數字如下： 綜合收益表 | | | 截至十二月三十一日止年度 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | 附註 | 港幣千元 | 港幣千元 | | 利息收入 | 8 | 1,941,103 | 2,052,398 | | 利息支出 | 8 | (787,434) | (1,069,107) | | 淨利息收入 | | 1,153,669 | 983,291 | | 費用及佣金收入 | 9 | 256,815 | 220,229 | | 費 ...

香港交易及結算所有限本公司及香港聯合交易所有限本公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 PU'ER LANCANG ANCIENT TEA CO., LTD. 普洱瀾滄古茶股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6911） 有關截至二零二四年十二月三十一日止年度的年報之補充公告 茲提述普洱瀾滄古茶股份有限公司（「本公司」，連同其附屬公司統稱為「本集團」）於二零二五 年七月一日刊發的截至二零二四年十二月三十一日止年度（「報告期間」）的年報（「二零二四年 報」）。除另有界定者外，本公告所用詞彙與二零二四年報所界定者具有相同涵義。 本公司謹此提供以下補充資料，該等資料應與二零二四年報一併閱讀。 下表載列截至二零二四年十二月三十一日，本公司有關重大資產減值的詳情、具體原因等有關 信息： 物業、廠房及設備（「物業、廠房及設備」）、使用權資產（「使用權資產」）及貿易應收款項（「貿 易應收款項」）的減值虧損 導致確認二零二四年度減值虧損的原因及情況 I. 物業、廠房及設 ...

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更高投 資風險。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上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之證券承受較大的市 場波動風險，同時無法保證在GEM買賣之證券會有高流通量的市場。 亦辰集團有限公司 香港聯合交易所有限公司（「聯交所」）GEM之特色 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，概不會就本報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。 亦辰集團有限公司（「本公司」）董事願就本年報之資料共同及個別地承擔全部責任，本年報乃遵照聯交所 GEM證券上市規則（「GEM上市規則」）之規定而提供有關本公司之資料。本公司董事（「董事」）在作出一切 合理查詢後，確認就其所深知及確信，本年報所載資料在各重大方面均屬準確及完整，且無誤導或欺詐成分， 及並無遺漏任何其他事實致使本年報或其所載任何陳述產生誤導。 1 年報 2024 - 2025 目錄 | | 頁次 ...

2025 年 報 ANNUAL REPORT 2025 2025 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 主席報告書 | 4 | | 管理層討論及分析 | 5 | | 企業管治報告 | 9 | | 董事及高級管理人員履歷詳情 | 18 | | 董事會報告 | 21 | | 環境、社會及管治報告 | 32 | | 獨立核數師報告 | 53 | | 綜合損益及其他全面收益表 | 58 | | 綜合財務狀況表 | 59 | | 綜合權益變動表 | 61 | | 綜合現金流量表 | 62 | | 綜合財務報表附註 | 64 | | 財務概要 | 122 | 公司資料 董事會 執行董事 高浚晞先生 （主席） 高鏞麗女士 （行政總裁） 非執行董事 翁安華先生 （副主席） （於二零二四年十二月三十一日辭任） 黃卓慧女士 （於二零二四年十二月三十一日辭任） 獨立非執行董事 陳永輝先生（於二零二五年六月三十日委任為 首席獨立非執行董事） 楊懷隆先生 王志榮先生 審核委員會 楊懷隆先生 （主席） 陳永輝先生 王志榮先生 薪酬委員會 陳永輝先生 （主席） 高浚晞先生 楊懷隆先生 王志榮先生 ...

Financial Performance - For the six months ended November 30, 2025, the Company reported revenue of RM 18,905,000, an increase of 21.5% compared to RM 15,494,000 in the same period of 2024[14]. - Gross profit for the same period was RM 5,446,000, reflecting a growth of 26.3% from RM 4,311,000 in 2024[15]. - Profit before taxation increased to RM 1,406,000, up 3.9% from RM 1,353,000 in the previous year[15]. - Profit for the period from continuing operations was RM 789,000, compared to RM 747,000 in the same period last year, marking a 5.6% increase[15]. - Total comprehensive income for the period increased to RM 628,000, compared to RM 254,000 in the previous year, representing a growth of 147.2%[16]. - Basic earnings per share from continuing operations rose to 4.83 RM cents, up from 4.77 RM cents, reflecting a 1.3% increase[16]. - The company reported a profit for the period of RM 789,000, compared to RM 722,000 in the previous year, an increase of 9.3%[20]. Expenses and Costs - Administrative expenses rose to RM 2,710,000, up from RM 2,516,000, indicating a 7.7% increase year-over-year[15]. - Selling and distribution expenses increased to RM 1,213,000, compared to RM 899,000 in the previous year, representing a 35% rise[15]. - Finance costs increased to RM 104,000 from RM 46,000, showing a significant rise of 126.1%[15]. - Cost of inventories recognized as an expense was RM 8,390,000, compared to RM 7,338,000 in the prior year, representing an increase of approximately 14.4%[51]. - Staff costs, excluding directors' remuneration, amounted to RM 2,471,000, up from RM 2,154,000, indicating a rise of about 14.7%[51]. Assets and Liabilities - Non-current assets totaled RM 22,100,000 as of November 30, 2025, a slight decrease from RM 22,395,000 as of May 31, 2025[17]. - Current assets decreased to RM 31,771,000 from RM 32,768,000, indicating a decline of 3%[18]. - Total equity increased to RM 37,336,000 from RM 36,708,000, marking a growth of 1.7%[18]. - Total non-current liabilities decreased to RM 6,064,000 from RM 6,360,000, reflecting a reduction of 4.6%[18]. - The Group's total liabilities as of November 30, 2025, are RM10,101,000, compared to RM11,280,000 as of May 31, 2025[79]. Cash Flow - Net cash generated from operating activities for the six months ended 30 November 2025 was RM 3,161,000, compared to a cash used of RM 1,141,000 in the same period of 2024[21]. - Net cash used in investing activities was RM 1,706,000 for the six months ended 30 November 2025, a decrease from RM 1,930,000 in the previous year[21]. - Net cash used in financing activities amounted to RM 407,000 for the six months ended 30 November 2025, compared to a cash generated of RM 198,000 in the same period of 2024[22]. - The total cash and cash equivalents at the end of the period was RM 22,181,000, a decrease from RM 23,432,000 in the previous year[22]. Market and Operations - The company is engaged in manufacturing and trading precast concrete junction boxes and providing mobile crane rental services in Malaysia, as well as operating an e-commerce platform in China[25]. - The Group manufactures precast concrete junction boxes for telecommunication and electrical infrastructures, which are used in various construction projects in Malaysia[94]. - The Group has been a registered supplier for notable telecommunication companies since 2008 and for Tenaga National Bhd. since 2012, enhancing its market position[95]. - The Group has entered the e-commerce platform business following the acquisition of Shenzhen Wanshun eCar Cloud Tech & Information Co., Ltd., contributing approximately RM70,000 in revenue during the period[105]. Share Capital and Dividends - The company did not recommend the payment of a dividend for the six months ended 30 November 2025, consistent with the previous year[66][68]. - The Group's issued and fully paid share capital as of November 30, 2025, is RM13,081,000, with a total of 16,352,000 shares issued[85]. - The Group entered into an agreement to acquire 1% of the registered capital of a target company for a total consideration of HK$34 million, to be settled through the issuance of promissory notes[121]. Taxation - For the six months ended 30 November 2025, the Malaysia corporate income tax was calculated at a statutory rate of 24%, resulting in a tax expense of RM 617,000, compared to RM 606,000 for the same period in 2024[55][56]. - The Hong Kong Profits Tax for the six months ended 30 November 2025 was calculated at a rate of 16.5%, with no assessable profits leading to no tax provision for the period[57][58]. Risks and Compliance - The Group is exposed to credit risk and liquidity risk due to reliance on cash inflow from customers[173]. - The Group faces operational risks due to fluctuations in raw material prices, which may adversely impact financial results[172]. - The Company has complied with the Corporate Governance Code, except for the separation of roles between the chairman and CEO[179]. - The Company has complied with relevant laws and regulations that significantly impact its operations during the reporting period[193].

Financial Performance - The company reported revenue of HKD 18,905,000 for the six months ending November 30, 2025, representing an increase from HKD 15,494,000 in the same period last year, which is a growth of approximately 21.5%[5] - Gross profit for the same period was HKD 5,446,000, up from HKD 4,311,000, indicating a year-over-year increase of about 26.3%[5] - The company achieved a profit before tax of HKD 1,406,000, compared to HKD 1,353,000 in the prior year, marking a growth of about 3.9%[5] - The net profit attributable to shareholders from continuing operations was HKD 789,000, compared to HKD 747,000 in the previous year, showing an increase of approximately 5.6%[5] - The company reported a comprehensive income total of 628 thousand HKD for the six months ended November 30, 2025, which includes a profit of 789 thousand HKD[9] - The group reported a pre-tax profit of 8,390 thousand Ringgit for the six months ending November 30, 2025, compared to 7,338 thousand Ringgit for the same period in 2024, representing a year-over-year increase of approximately 14.4%[25] - The group recorded a net profit of approximately 789,000 MYR for the six months ended November 30, 2025, due to a focus on higher-margin precast junction boxes and ongoing cost control[55] Expenses and Costs - The company incurred a selling and distribution expense of HKD 1,213,000, compared to HKD 899,000 in the previous year, reflecting a rise of approximately 35%[5] - The company’s administrative expenses were HKD 2,710,000, compared to HKD 2,516,000 in the previous year, reflecting an increase of about 7.7%[5] - Employee compensation costs, including salaries and other benefits, increased to 2,285 thousand Ringgit in 2025 from 2,032 thousand Ringgit in 2024, reflecting a growth of about 12.4%[25] - The company incurred interest expenses of 22 thousand Ringgit for the six months ending November 30, 2025, compared to 4 thousand Ringgit in the previous year, indicating a significant increase in financing costs[24] - Sales and distribution expenses rose by approximately 34.93%, from about 899,000 MYR to about 1.2 million MYR[54] Assets and Liabilities - The total assets amounted to 43,400 thousand, reflecting a stable financial position[8] - The total liabilities were reported at 22,100 thousand, which is a slight decrease from 22,395 thousand[7] - The net value of current assets was 31,771 thousand, showing a decrease from 32,768 thousand, suggesting a need for closer asset management[7] - The company reported a total of 10,101 thousand in current liabilities, down from 11,280 thousand, indicating better management of short-term obligations[7] - The company’s total equity stood at 37,336 thousand, compared to 36,708 thousand, indicating a positive trend in shareholder equity[8] Cash Flow - Cash and cash equivalents increased to 4,681 thousand, compared to 4,054 thousand in the previous period, indicating improved liquidity[7] - The net cash generated from operating activities for the six months ended November 30, 2025, was 3,161 thousand HKD, compared to a net cash used of (1,141) thousand HKD in the previous year[10] - The net cash used in investing activities for the six months ended November 30, 2025, was (1,706) thousand HKD, compared to (1,930) thousand HKD in the previous year[10] - The cash and cash equivalents at the end of November 30, 2025, were 22,181 thousand HKD, down from 23,432 thousand HKD in the previous year[11] Market and Business Strategy - The company is focused on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[5] - The increase in revenue was primarily driven by higher sales of customized precast concrete junction boxes during the reporting period[50] - The group has diversified its business portfolio by entering the e-commerce platform sector, generating approximately 70,000 MYR in revenue during the period[51] - The company plans to use the net proceeds of approximately 4,239,880 HKD from a subscription agreement for general working capital[44] - The company is focused on expanding its market reach and exploring potential mergers and acquisitions[100] Shareholder Information - The basic earnings per share (EPS) from continuing operations was 4.83, up from 4.77, indicating a growth in profitability[6] - The company reported a total of 16,351,632 ordinary shares outstanding for the calculation of basic earnings per share, an increase from 15,666,591 shares in the previous year[31] - Major shareholders include Loh Swee Keong with 17.80% and Li Mingfeng with 16.67% of the shares[77] - As of November 30, 2025, the directors and key executives hold 2,911,200 shares, representing 17.80% of the company's issued share capital[75] Compliance and Governance - The company has complied with all relevant laws and regulations that significantly impact its operations as of November 30, 2025[94] - The audit committee, consisting of three members, has reviewed the company's financial statements and confirmed compliance with applicable standards and GEM listing rules[99] - The board emphasizes the importance of corporate governance and compliance[100] Risks and Challenges - The group faces significant operational risks related to competition and overall economic conditions affecting construction projects[84] - The group relies on cash inflows from customers to meet payment obligations to suppliers, exposing it to credit and liquidity risks[86] - The group monitors foreign currency risks closely, as fluctuations in the Malaysian Ringgit can impact financial performance and dividend payments[80]

Financial Performance - Total revenue increased by 37.3% to HK$729.9 million for the year ended 30 September 2025, compared to HK$531.6 million in 2024[12] - Net profit rose significantly by 121.4% to HK$146.9 million, compared to HK$66.4 million in 2024[12] - Basic earnings per share increased to HK2.18 cents, up from HK0.98 cent in the previous year[13] - Revenue from global financial markets surged by 94.5% to HK$540.7 million, up from HK$278.0 million in the previous year[12] - Revenue from the financing segment was HK$180.4 million (2024: HK$242.8 million), accounting for 24.7% of the Group's total revenue (2024: 45.7%) [29] - Revenue from the corporate finance segment was HK$8.8 million (2024: HK$10.8 million), accounting for 1.2% of the Group's total revenue (2024: 2.0%) [31] Market Environment - The macroeconomic environment remained challenging, influenced by geopolitical tensions and inflationary pressures, affecting global financial markets[14] - The Federal Reserve's interest rate cut in September 2025 positively influenced stock markets, contributing to the overall market recovery[16] - The Hang Seng Index closed at its highest level of 26,855 on 30 September 2025, reflecting a rebound in capital market investment sentiment[16] Strategic Initiatives - The acquisition of Crosby Asia Limited was completed in September 2025, enhancing the Group's institutional financial services offerings [24] - The Group aims to strengthen its global financial markets team to enhance its brokerage, wealth management, and asset management services[34] - The Group has developed a niche in the loan market, providing tailored liquidity solutions to corporate and retail clients [28] - The Group's integrated business model and diversification strategies are designed to meet customer demands in a volatile economic environment[35] Risk Management - The Group adopted a stringent credit risk management mechanism to minimise default risks in its financing segment [29] - The Group has established debt recovery procedures for overdue and defaulted loans, including legal actions if necessary[47] - The Group recognized an impairment allowance of HK$43.2 million in 2025, a decrease from HK$158.9 million in 2024, primarily related to margin clients and borrowers[41] Corporate Governance - The Company complied with the Corporate Governance Code except for a deviation regarding the separation of the roles of chairman and chief executive officer[138] - The Board comprises five Directors, including two Executive Directors and three Independent Non-Executive Directors (INEDs), with Mr. Chu Raymond appointed as an additional Executive Director on January 1, 2026[144] - The Directors' emoluments are determined based on a written remuneration policy that aligns with business strategy and shareholder interests, considering market pay levels and performance[132] - The Company has established mechanisms to ensure independent views and input are available to the Board, which were reviewed and deemed effective during the year[145] Employee and Leadership - The Group had 83 account executives and 104 employees as of September 30, 2025, with total staff costs of approximately HK$94.2 million for the year[49] - The leadership team is composed of experienced professionals with diverse backgrounds in finance and corporate governance[62] - The Company is focused on strategic planning and overseeing various projects to enhance its business operations[59] Shareholder Information - The Board has resolved not to recommend any final dividend for the Year 2024, which is Nil[51] - The Group's total reserves available for distribution to shareholders as of September 30, 2025, amounted to approximately HK$102.0 million, unchanged from 2024, while accumulated losses were HK$164.9 million, down from HK$250.5 million in 2024[78] - The Company has no major suppliers due to the nature of its principal activities[86] Future Outlook - The Group anticipates continued growth in the global financial markets segment, driven by increased trading activities and secondary fundraising[13] - The Group anticipates a significant increase in the Hong Kong IPO pipeline, driven by listings of Chinese technology companies and government stimulus measures[35] - The company provided an optimistic outlook for the next quarter, projecting a revenue growth of 25%[199] Compliance and Reporting - The independent auditor issued an unqualified conclusion regarding the non-exempt continuing connected transactions (CCTs) of the Group[126] - The Company complied with the relevant disclosure requirements under Chapter 14A of the Listing Rules for non-exempt CCTs[123] - The Group's annual consolidated financial statements for the financial year ended 30 September 2024 were reviewed for accuracy and fairness[174] Community Engagement - The Group made charitable donations totaling approximately HK$15,000 during the Year, compared to HK$19,500 in 2024[79]

Financial Performance - For the six months ended October 31, 2025, revenue was approximately HKD 15.8 million, a decrease of about 3.1% compared to HKD 16.3 million for the same period in 2024[8]. - The profit attributable to equity holders for the six months ended October 31, 2025, was approximately HKD 31.3 million, compared to a loss of HKD 2.0 million for the same period in 2024[8]. - Basic and diluted earnings per share for the six months ended October 31, 2025, were approximately HKD 0.1272, compared to a loss per share of HKD 0.0081 for the same period in 2024[8]. - Gross profit increased to approximately HKD 0.7 million for the six months ended October 31, 2025, representing a 75% increase from HKD 0.4 million for the same period in 2024[14]. - The gross profit margin improved from approximately 2.5% for the six months ended October 31, 2024, to approximately 4.4% for the same period in 2025[14]. - The company reported a profit before tax of HKD 31,348,000, a substantial recovery from a loss of HKD 1,997,000 in the prior year[48]. - The company reported a profit attributable to equity holders of HKD 31,348,000 for the six months ended October 31, 2025, compared to a loss of HKD 1,997,000 in the same period of 2024[73]. Expenses and Liabilities - Administrative expenses rose to approximately HKD 8.2 million for the six months ended October 31, 2025, an increase of about 54.7% from HKD 5.3 million for the same period in 2024[15]. - Current liabilities increased to HKD 24,846,000 from HKD 18,725,000, reflecting a rise in trade and other payables[50]. - Trade payables rose to HKD 6,990,000 as of October 31, 2025, from HKD 2,864,000 as of April 30, 2025, representing a significant increase of approximately 143.5%[81]. - The company had no capital commitments or contingent liabilities as of October 31, 2025[23][24]. - The company had no significant contingent liabilities, consistent with April 30, 2025[86]. Cash Flow and Assets - As of October 31, 2025, the company's cash and bank balance was approximately HKD 2.6 million, a decrease of about HKD 0.5 million from HKD 3.1 million on April 30, 2025[18]. - Cash and cash equivalents decreased to HKD 2,581,000 from HKD 3,074,000, indicating a cash outflow during the period[55]. - Total assets as of October 31, 2025, amounted to HKD 111,317,000, up from HKD 73,848,000 as of April 30, 2025, indicating strong asset growth[50]. - The company's reserves increased significantly to HKD 77,927,000 from HKD 46,579,000, indicating improved retained earnings[50]. - Trade receivables amounted to HKD 42,940,000 as of October 31, 2025, down from HKD 44,762,000 as of April 30, 2025, reflecting a decrease of approximately 4.1%[74]. - Contract assets increased to HKD 10,599,000 as of October 31, 2025, compared to HKD 9,785,000 as of April 30, 2025, showing an increase of approximately 8.3%[78]. Investments - The company had investments in various entities, with the fair value of investments in Fuyue Holdings Limited at HKD 14.22 million, representing 23.7% of total assets[28]. - The investment in China Integrated Holdings Limited had a fair value of HKD 22.07 million, accounting for 36.8% of total assets[28]. - The investment in China National Cultural Industry Group Limited was valued at HKD 6.425 million, making up 10.7% of total assets[29]. - The fair value change of financial assets measured at fair value through profit or loss was HKD 38,784,000 for the six months ended October 31, 2025, significantly higher than HKD 3,881,000 in 2024, indicating a substantial increase[68]. - The fair value of listed securities classified as held for trading investments increased to HKD 59,979,000 as of October 31, 2025, compared to HKD 21,176,000 as of April 30, 2025, indicating a growth of approximately 183.5%[80]. Corporate Governance and Compliance - The audit committee reviewed the unaudited interim financial statements for the six months ended October 31, 2025, and found them compliant with applicable accounting standards[46]. - The company confirmed compliance with the corporate governance code, with some deviations regarding the notice period for board meetings[36]. - The company has confirmed that all directors complied with the trading code for securities transactions during the reporting period[37]. - The company has not recognized any deferred tax liabilities due to no significant temporary differences during the reporting period[71]. Employee and Management Information - Employee costs, including directors' remuneration, increased to HKD 1,610,000 for the six months ended October 31, 2025, up from HKD 1,171,000 in 2024, representing a growth of approximately 37.5%[69]. - The company's management compensation for the six months ended October 31, 2025, was HKD 504,000, compared to HKD 352,000 for the same period in 2024, representing a 43.2% increase[85]. - The company employed 21 staff members as of October 31, 2025, down from 22 on April 30, 2025[27]. Future Outlook - The company plans to expand its business scope, including property development projects and potential property investments for capital appreciation and stable rental income[11]. - The operating environment for 2026 is expected to remain challenging, but government investment in infrastructure may improve market conditions for the construction industry[11]. - The company will continue to focus on site formation and renovation works in Hong Kong while enhancing its competitive advantages in the construction sector[11]. Share Capital and Dividends - The total issued share capital of the company was HKD 12,320,000, with 246,400,000 ordinary shares outstanding as of October 31, 2025[25]. - No interim dividend was recommended for the six months ended October 31, 2025, compared to none in 2024[38]. - The company had 45,440,000 unexercised share options, representing 18.5% of the issued shares[46]. - The company entered into a subscription agreement on November 9, 2025, to issue 160,000,000 subscription shares at HKD 0.2 per share[39]. - The company has not purchased, sold, or redeemed any of its listed securities during the six months ended October 31, 2025[35].