Financial Performance - Revenue for the year ended June 30, 2025, was HKD 6,253 million, representing a 1% increase from HKD 6,221 million in 2024[11] - Profit attributable to shareholders increased by 2% to HKD 479 million, compared to HKD 470 million in the previous year[11] - Basic earnings per share rose by 2% to HKD 0.44 from HKD 0.43[11] - Total assets as of June 30, 2025, were HKD 11,308 million, a 1% increase from HKD 11,179 million in 2024[11] - The company maintained a stable dividend per share of HKD 0.32 for both 2025 and 2024[11] - Operating cash inflow for the year was HKD 2,133 million, a slight decrease of 1% from HKD 2,162 million[11] - SmarTone's shareholder profit for the fiscal year 2024-25 was HK$478 million, representing a 2% year-on-year growth, excluding one-time items[35] - Total revenue for the group was HK$6,253 million, up 1% from HK$6,221 million last year, with stable service revenue and growth in mobile and accessory sales[50] - The cost of services provided decreased by HK$15 million or 4% to HK$395 million, attributed to improved gross margins in the enterprise application solutions business[50] - The group maintained stable employee costs at HK$715 million, with salary increases offset by a reduction in headcount[51] - Other operating expenses decreased by 7% to HK$897 million due to strict cost control measures[51] - The group’s cash and bank balances amounted to HK$2,028 million as of June 30, 2025, an increase from HK$1,577 million the previous year[54] - The group’s total equity increased to HK$5,305 million as of June 30, 2025, from HK$5,186 million the previous year[54] Operational Developments - SmarTone has secured exclusive 850MHz spectrum and newly acquired 6/7GHz spectrum to enhance network performance[14] - The company is focusing on digital transformation for enterprises through advanced 5G, AI, and IoT technologies[18] - SmarTone Solutions has supported SIERRA SEA in becoming Hong Kong's first residential project to achieve WiredScore Platinum pre-certification[18] - The company operates over 30 retail stores and five major sub-brands to meet diverse market needs[5] - The EBITDA for the 5G home broadband service grew by 18% year-on-year, while consumer roaming data business increased by 5.5%[35] - Operating expenses decreased by 4% year-on-year, and core capital expenditures reduced by 10%, reflecting the company's commitment to financial discipline[35] - SmarTone launched a plug-and-play 5G home broadband service, becoming the number one choice for consumers in Hong Kong[24] - The company is the only telecom provider in Hong Kong to offer a Disney+ service bundle, enhancing its entertainment offerings[25] - SmarTone secured exclusive access to the 850MHz and 6/7GHz frequency bands, reinforcing its position in the 5G network market[36] - The company has implemented AI-driven network optimization tools to enhance resource allocation and improve service quality[39] Corporate Governance - The board consists of three executive directors, five non-executive directors, and six independent non-executive directors as of June 30, 2025[72] - The company is committed to high standards of corporate governance and has adhered to the relevant rules and codes, with a focus on continuous improvement[65] - All directors must retire at least once every three years and are subject to re-election by shareholders at the annual general meeting[78] - The company held four board meetings and one annual general meeting during the year ending June 30, 2025, with all executive directors attending all meetings[83] - The remuneration committee reviewed the compensation of senior management, including performance bonuses, and approved two written resolutions regarding these matters during the year[90] - The company ensures that the roles of chairman and CEO are held by different individuals to enhance independence and accountability[80] - The board of directors meets at least four times a year to discuss overall strategy, operational and financial performance, and significant acquisitions or disposals[81] - All directors are required to participate in ongoing professional development to ensure they remain informed and capable of contributing effectively[85] - The company provides new directors with introductory materials to ensure they understand the business operations and governance policies[85] - The remuneration policy links the compensation of executive directors and senior management to their performance against company objectives[91] - The supervisory committee regularly meets to review and monitor the execution of overall strategy and the group's business and financial performance[89] - Independent non-executive directors who have served for more than nine years must be re-elected by shareholders through an independent resolution[78] - The Audit Committee held two meetings during the year ending June 30, 2025, to review significant internal controls and financial matters[100] - The total audit fees paid to PwC for the year ending June 30, 2025, amounted to HKD 1,948,000, with additional non-audit services costing HKD 784,000[106] - The company’s risk management and internal control systems are designed to ensure compliance with laws and regulations, safeguard assets, and provide reliable financial information[111] - The Nomination Committee reviewed the board's size, structure, and composition, making recommendations for the re-election of directors at the upcoming 2025 Annual General Meeting[95] - The Audit Committee confirmed that the accounting policies and methods used by the group are appropriate and consistent with industry standards[100] - The company’s external auditor, PwC, was recommended for reappointment at the upcoming 2025 Annual General Meeting based on their independence and effectiveness[106] - The Nomination Policy ensures a balanced mix of skills, experience, and diversity among the board members to achieve the group's corporate goals[96] - The Audit Committee's review included the independence of external auditors and compliance with relevant regulations[100] - The company has established a risk management committee at the management level to oversee overall risk management functions[111] - The Audit Committee expressed satisfaction with the financial statements and did not find any omissions of significant items[100] - The group has established an independent internal audit team consisting of six qualified professionals, reporting directly to the audit committee and the CEO[114] - The board has conducted an annual review of the effectiveness of the group's risk management and internal control systems, confirming their appropriateness and effectiveness for the fiscal year ending June 30, 2025[115] - The group has implemented whistleblowing and anti-fraud policies to protect the company, clients, and partners from fraudulent activities, promoting a culture of integrity[116] Employee Relations and Development - The group has a workforce composition of 60% male and 40% female employees, reflecting a common trend in the technology sector[121] - The board diversity policy emphasizes the importance of diverse backgrounds, including gender, age, culture, and professional experience, in enhancing company performance[120] - The company emphasizes a competitive compensation and comprehensive benefits plan to attract high-quality talent, regularly reviewing its compensation structure for attractiveness and fairness[173] - Employee engagement surveys are conducted annually to gather insights on satisfaction and participation, informing policy and planning decisions[181] - The company has implemented a performance management system to recognize and reward outstanding performance, aligning individual goals with corporate strategy[187] - The company promotes a diverse, equitable, and inclusive work environment, ensuring recruitment practices reflect the diversity of its customer base[190] - The company prioritizes employee safety by adhering to strict safety standards and conducting regular safety drills and training[193] - The company offers an Employee Assistance Program (EAP) to support mental health, providing confidential counseling services and resources[194] - The company invests in employee skill enhancement through various training programs, including onboarding, technical skills, and leadership development[177] - The company has implemented a flexible work policy to accommodate diverse employee needs, offering remote work and flexible working hours options[195] - Various health promotion activities have been launched, including comprehensive medical insurance plans and wellness activities, aimed at enhancing employee well-being and morale[196] - The company is integrating artificial intelligence and automation training to prepare employees for future challenges, currently in phases of applying Microsoft Copilot internally[197] - Collaborations with universities and technology institutions are in place to attract and nurture top talent, including partnerships with renowned local universities[198] - The internship and graduate program hires over 13 interns and graduates annually, providing valuable career starting points for young professionals[199] Sustainability and ESG Initiatives - The company aims to reduce carbon emissions by 10% year-on-year, with an estimated reduction of 5,120 tons[136] - The company has established a risk management framework to address ESG-related risks, with the board responsible for overall risk management and internal control systems[139] - The ESG working group, chaired by an executive director, coordinates all ESG-related activities and regularly reviews sustainability policies[139] - Key ESG issues identified include cybersecurity, customer data privacy, and service reliability, which are prioritized based on their impact on stakeholders[141] - The company emphasizes the integration of ESG principles into core business strategies to enhance long-term value for stakeholders[134] - SmarTone has identified key sustainability issues relevant to stakeholders and business, focusing on areas that can create long-term value[143] - The company emphasizes customer service and satisfaction, receiving multiple awards for its ESG performance and brand management, including recognition as Hong Kong's top communication brand[152][153] - SmarTone's sustainability framework aligns with the United Nations Sustainable Development Goals (UNSDG), focusing on environmental, governance, and social pillars[150] - The company has established a comprehensive importance matrix to prioritize key sustainability issues based on stakeholder significance and business impact[147] - SmarTone's commitment to cybersecurity includes initiatives like the "Building Employee Firewall" recognition program, highlighting its focus on data privacy and network security[153] - The company actively collects customer feedback through various channels, ensuring timely and professional handling of inquiries and complaints[155] - SmarTone's sustainability strategy includes responsible advertising and communication, aiming to enhance customer interaction and understanding[146] - The company has set clear goals for climate resilience and waste management, reflecting its commitment to environmental sustainability[146] - SmarTone's employee relations focus on development, well-being, and fair compensation, contributing to a positive workplace culture[146] - The company has received accolades for its commitment to community investment and human rights, reinforcing its dedication to social responsibility[152][153] - SmarTone achieved a 25% improvement in energy efficiency by modernizing its base stations with the latest hardware and software[159] - The overall energy efficiency of the network increased by 36%, resulting in a reduction of approximately 5,120 tons of CO2 equivalent emissions[159] - The energy efficiency per unit of electricity transmitted improved from 6.12 GByte/kWh for the year ending June 30, 2024, to 6.76 GByte/kWh for the year ending June 30, 2025[159] - SmarTone replaced traditional chillers with oil-free variable-speed chillers, achieving efficiency improvements of 30% to 50%[160] - The introduction of a new carbon film coating technology on chillers improved the coefficient of performance (COP) by 6.15% and reduced electricity consumption by 6%[160] - SmarTone has successfully recycled over 80 kilograms of electronic products through its recycling initiative, reflecting strong public support for environmental efforts[165] - The company has implemented various energy-saving measures, including the use of LED lighting and smart air conditioning systems, to further reduce energy consumption[167] - SmarTone collaborates with HKBR to recycle all discarded lead-acid batteries, ensuring over 90% of these hazardous wastes are reused[163] - The company has not faced any significant legal issues related to emissions or waste management compliance during the review period[164] - SmarTone's commitment to sustainable practices includes encouraging employees to adopt energy-saving behaviors and utilizing digital solutions to minimize paper usage[167] - The company is committed to enhancing operational resilience and advancing sustainability efforts in response to climate change risks, including conducting initial climate scenario analysis and risk assessments[169] - The company aims to disclose significant Scope 3 emissions data in the coming year after gathering sufficient data[169]

Financial Results - CASH Financial Services Group Limited reported its annual results for the year ending December 31, 2024[3] Stock Options - The company provided additional information regarding stock options granted under the stock option plan, with 300,000 options held by former director Mr. Lo[6] - Mr. Lo resigned as a director on January 10, 2024, and his stock options expired on the same day[6]

Financial Performance - Revenue increased by approximately 8.7% from HKD 90,300,000 for the year ended June 30, 2024, to approximately HKD 98,200,000 for the year ending June 30, 2025, primarily due to an increase in the number of construction projects undertaken during the year[17] - Direct costs rose by approximately 12.8% from HKD 80,300,000 for the year ended June 30, 2024, to approximately HKD 90,600,000 for the year ending June 30, 2025, reflecting increased competition in the market[18] - Gross profit decreased by approximately 23.7% from HKD 10,000,000 for the year ended June 30, 2024, to approximately HKD 7,600,000 for the year ending June 30, 2025, leading to a decline in gross profit margin from approximately 11.1% to 7.7%[19] - The loss attributable to the owners of the company for the year ending June 30, 2025, was approximately HKD 10,300,000, a decrease from approximately HKD 19,200,000 for the year ended June 30, 2024[23] - As of June 30, 2025, the group maintained a strong liquidity position with cash and bank balances of approximately HKD 22,800,000, up from HKD 17,100,000 as of June 30, 2024, and a current ratio of approximately 2.4 times, compared to 1.9 times in the previous year[24] Market Opportunities - The group submitted 32 bids for construction projects during the reporting period, totaling approximately HKD 1,398,000,000[15] - Successfully secured new projects with a contract value of approximately HKD 234,000,000, demonstrating the group's ability to navigate a complex market environment[15] - The recent macroeconomic developments indicate a more optimistic outlook for the construction industry, supported by stabilizing property prices and declining interest rates[15] - The Hong Kong government's ongoing focus on land supply and public housing construction is expected to create more opportunities for the construction industry[15] - The board holds a cautiously optimistic view on the gradual recovery of the real estate industry and its positive impact on the construction sector[16] Strategic Initiatives - The group is exploring strategic partnerships and potential acquisitions to enhance market position and diversify revenue sources[16] - The group is committed to maintaining a strict project selection process to balance risk and return while focusing on sustainable development goals[16] - The group aims to create sustainable value for shareholders while contributing to the development of the Hong Kong construction and real estate sectors[16] - The group is well-positioned to leverage emerging opportunities while ensuring resilience in the face of challenges[10] Corporate Governance - The board consists of seven members, including four executive directors and three independent non-executive directors, ensuring a diverse governance structure[68] - The company has adhered to the corporate governance code throughout the fiscal year ending June 30, 2025, emphasizing accountability and transparency[66] - The board is responsible for setting the overall strategy and management objectives, as well as monitoring the performance of the management team[67] - The company is committed to maintaining high corporate governance standards to enhance shareholder value and protect shareholder interests[64] - The company has established a compliance manual and code of conduct applicable to directors and employees, reinforcing ethical standards[68] Risk Management - The company faces risks related to project bidding success, reliance on subcontractors, and credit risks from clients, which could impact cash flow and financial performance[46] - The risk management framework includes a risk management committee that identifies and prioritizes significant risks at least annually[107] - The board has reviewed the effectiveness of the risk management and internal control systems, confirming their adequacy[108] Environmental, Social, and Governance (ESG) Commitment - The company is committed to integrating environmental, social, and governance (ESG) principles into its business decisions and operations to promote sustainable development[129] - The company has established a governance framework to facilitate stakeholder engagement and importance assessments related to ESG matters[129] - The company has implemented measures to ensure timely and accurate financial reporting in compliance with applicable regulations[125] - The company has set energy efficiency targets and outlined steps to achieve these goals, focusing on reducing total energy consumption[194] Employee Management - The company employed 29 full-time employees at the end of the reporting period, with no part-time employees[164] - Employee turnover rate for 2025 is 10% for males and 0% for females, compared to 9% and 21% respectively in 2024[166] - The company has implemented safety plans to promote occupational health and safety, with no reported work-related deaths or injuries during the reporting period[172] - Employee retention strategies include competitive compensation and benefits, with annual reviews based on performance[167] Community Engagement - During the reporting period, the company donated approximately HKD 759,000 (USD 97,000) to support higher education for underprivileged students[191] - The company has a commitment to corporate social responsibility, focusing on environmental protection, employee management, and occupational health and safety[189]

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。 Yancheng Port International Co., Limited 鹽城港國際股份有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8310） 有關截至二零二四年十二月三十一日止年度之 年報的補充公告 茲提述鹽城港國際股份有限公司（「本公司」，連同其附屬公司為「本集團」）於二零 二五年四月二十二日刊發之截至二零二四年十二月三十一日止年度（「二零二四財 年」）之年度報告（「二零二四年年報」）。除另有界定者外，本公告所用詞彙與二零 二四年年報所界定者具有相同涵義。 就二零二四年年報第148頁「 附註20－貿易及其他應收款項－20(a)貸款予第三方 」 所披露之本集團於二零二四財年向第三方提供之無抵押及計息貸款18.25百萬港元 （「貸款」），本公司謹此向股東及本公司潛在投資者提供以下補充資料： 除向各借款人授出貸款外，本公司與借款人概無其他業務關係。據董事深知、盡悉 及確信， ...

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。 FAST RETAILING CO., LTD. 迅銷有限公司 (1) 綜合經營業績（2024 年 9 月 1 日至 2025 年 8 月 31 日） （百分比表示同比變化） | | 收益 | | 事業溢利 | | 經營溢利 | | 所得稅前溢利 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 百萬日圓 | % | 百萬日圓 | % | 百萬日圓 | % | 百萬日圓 | % | | 截至 2025 年 8 月 31 日止年度 | 3,400,539 | 9.6 | 551,156 | 13.6 | 564,265 | 12.6 | 650,574 | 16.8 | | 截至 2024 年 8 月 31 日止年度 | 3,103,836 | 12.2 | 485,358 | 27.1 | 500,904 | 31. ...

Acquisition and Stakeholding - The company completed the acquisition of a 16.5% stake in GLAMOORE Capital Group Company Limited on June 30, 2023, while selling a 16.83% stake in Zhongyi Capital Limited[4]. - As of December 31, 2024, the company holds 1,650,000 shares in GLAMOORE, representing a 16.5% equity interest, with GLAMOORE's fair value accounting for approximately 18.29% of the group's total assets[5]. Financial Performance of GLAMOORE - For the fiscal year ending December 31, 2024, GLAMOORE reported unaudited consolidated revenue of approximately 34.6 million MYR and a net profit of about 1.2 million MYR[6].

Financial Performance - Group revenue for the year ended June 30, 2025, was HKD 79,721 million, an increase of 11.5% from HKD 71,506 million in 2024[17] - Profit attributable to shareholders for the same period was HKD 19,277 million, reflecting a 1.2% increase from HKD 19,046 million[17] - Basic earnings per share attributable to shareholders increased to HKD 6.65, up 1.2% from HKD 6.57[17] - For the fiscal year ending June 30, 2025, the company's attributable profit to shareholders was HKD 19.28 billion, compared to HKD 19.05 billion in the previous year, reflecting a slight increase[31] - The basic earnings per share for the year was HKD 7.54, up from HKD 7.50 in the previous year[31] - The group recorded a total rental income of HKD 24.46 billion, a decrease of 2% year-on-year[34] - The profit from property sales was HKD 8.29 billion, compared to HKD 7.85 billion in the previous year[33] - The fair value change of investment properties resulted in a net loss of HKD 2.58 billion, compared to a loss of HKD 2.69 billion in the previous year[28] - The group maintained a strong financial position with a net debt-to-equity ratio of 15.1% and an interest coverage ratio of 6 times as of June 30, 2025[80] Rental Income and Property Management - Total rental income decreased by 2.1% to HKD 24,461 million, while net rental income fell by 3.2% to HKD 18,392 million[17] - The total rental income from the group's property investment portfolio in Hong Kong slightly decreased by 2% year-on-year to HKD 17.53 billion, with an overall occupancy rate of approximately 95%[46] - The total rental income from the group's rental properties in mainland China decreased by 2% year-on-year to RMB 5.713 billion, impacted by reduced retail property turnover rent and office rental pressure[65] - The total rental income from joint ventures and associates was HKD 17.53 billion, a slight decrease of 2% year-on-year, with an average occupancy rate of approximately 92%[166] - The rental income from the property portfolio was HKD 17.53 billion, representing a decrease of 2% compared to the previous fiscal year[122] Land Reserves and Development Projects - The total land reserve in Hong Kong was 57.4 million square feet, with 19.7 million square feet under development[17] - In mainland China, the total land reserve was 65.3 million square feet, with 44.2 million square feet under development[17] - The group holds approximately 1.97 million square feet of properties under development, sufficient to meet development needs for the next 6 to 7 years[121] - The group has a land reserve of approximately 65.3 million square feet in mainland China, with over 50% designated for high-quality residential and office developments[59] - The group is developing the Kai Tak Sky project, which will provide around 1,500 luxury residential units with a total residential floor area of approximately 1.1 million square feet[132] Strategic Initiatives and Future Plans - The company plans to announce its interim results on February 27, 2025, and the annual results on September 4, 2025[15] - The group plans to launch new residential projects in Hong Kong, including the second phase of Kai Tak's residential units and other major projects, with sufficient inventory to support future business development[98] - The group is committed to developing the West Kowloon area into a strategic commercial hub, with projects totaling over 7 million square feet to meet diverse business and tourist needs[57] - The group plans to enhance its competitive advantage in the office property sector by focusing on transportation accessibility and high standards of property management[53] - The group is exploring potential applications of artificial intelligence to better understand market trends and improve efficiency and service quality[101] Community Engagement and Corporate Social Responsibility - The group is actively promoting community engagement through initiatives like the "High Mountain Road Community Living Room," providing 4,600 square feet of shared space for underprivileged families[89] - The group is involved in various sports and community events, including sponsoring the largest cycling event in Hong Kong, enhancing its corporate social responsibility profile[90] - The group has expanded the pet-friendly park "Pawsome Park" in Yuen Long, increasing its area by over 100%[179] Sustainability and ESG Initiatives - The group achieved an MSCI ESG rating upgrade to AA, reflecting its outstanding performance in environmental, social, and governance aspects[84] - Approximately 150 green building certifications have been obtained in Hong Kong, with the International Trade Centre being the first in Asia to receive LEED v5.0 Platinum certification[85] - The group has installed around 20,000 solar panels across managed properties and construction sites, creating the largest solar power network in Hong Kong[85] - The West Kowloon Global Trade Square is the first building in Asia to receive LEED V5.0 Platinum certification, showcasing the group's commitment to ESG standards[189] Market Trends and Consumer Behavior - The membership program "The Point" has over 3 million members, with active members showing steady growth in spending, indicating consumer resilience[47] - The group is actively optimizing its mall tenant mix and services to enhance customer traffic and stimulate consumption amid changing consumer preferences[65] - The group’s shopping malls actively host outdoor markets and festive decorations to enhance foot traffic and consumer spending[183]

[Announcement Overview](index=1&type=section&id=Announcement%20Overview) This announcement clarifies and supplements specific content in the company's 2021, 2022, and 2024 fiscal year annual reports - This announcement clarifies and supplements specific content in Cornerstone Technology Holdings Limited's 2021, 2022, and 2024 fiscal year annual reports[2](index=2&type=chunk) [Annual Report Clarifications and Supplements](index=1&type=section&id=Annual%20Report%20Clarifications%20and%20Supplements) This section provides detailed clarifications and supplementary information for the 2021, 2022, and 2024 annual reports [2021 Annual Report Clarification](index=1&type=section&id=(i)%202021%20Annual%20Report) The company supplemented detailed information regarding directors' emoluments in the 2021 annual report, specifically the remuneration structure of CEO Mr. Yip Siu Hong [2021 Directors' Emoluments](index=1&type=section&id=2021%20Directors'%20Emoluments) 2021 Emoluments Details for CEO Mr. Yip Siu Hong | Metric | Directors' Fees (HKD '000) | Salaries, Allowances & Benefits in Kind (HKD '000) | Discretionary Bonus (HKD '000) | Share-based Payment Expenses (HKD '000) | Contributions to Defined Contribution Scheme (HKD '000) | Total (HKD '000) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | CEO Mr. Yip Siu Hong | – | 500 | – | – | 3 | 503 | [2022 Annual Report Clarification](index=2&type=section&id=(ii)%202022%20Annual%20Report) The company supplemented detailed information regarding directors' emoluments in the 2022 annual report, showing a significant increase for CEO Mr. Yip Siu Hong, primarily due to share-based payment expenses [2022 Directors' Emoluments](index=2&type=section&id=2022%20Directors'%20Emoluments) 2022 Emoluments Details for CEO Mr. Yip Siu Hong | Metric | Directors' Fees (HKD '000) | Salaries, Allowances & Benefits in Kind (HKD '000) | Discretionary Bonus (HKD '000) | Share-based Payment Expenses (HKD '000) | Contributions to Defined Contribution Scheme (HKD '000) | Total (HKD '000) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | CEO Mr. Yip Siu Hong | – | 3,000 | – | 5,398 | 18 | 8,416 | - In 2022, CEO Mr. Yip Siu Hong's total emoluments significantly increased to **HKD 8,416 thousand**, with **HKD 5,398 thousand** representing the fair value of 5,997,905 remuneration shares issued and allotted to him as an incentive for joining the company under his service contract terms[5](index=5&type=chunk)[7](index=7&type=chunk) [2024 Annual Report Clarification and Supplement](index=3&type=section&id=(iii)%202024%20Annual%20Report) The company clarified and supplemented the 'Management Discussion and Analysis' section of the 2024 annual report, mainly concerning the use of proceeds from the August Placing and Convertible Bond Subscription [(1) The Board hereby clarifies that in the subsection titled "Placing of New Shares under General Mandate ("August Placing")"](index=3&type=section&id=(1)%20The%20Board%20hereby%20clarifies%20that%20in%20the%20subsection%20titled%20%22Placing%20of%20New%20Shares%20under%20General%20Mandate%20(%22August%20Placing%22)%22) Use of Net Proceeds from August Placing and Unutilized Balance as at December 31, 2024 | Intended Use of Net Proceeds | Net Proceeds (HKD '000) | Net Proceeds Utilized for the Year Ended December 31, 2024 (HKD '000) | Unutilized Net Proceeds as at December 31, 2024 (HKD '000) | Expected Time for Full Utilization of Balance | | :--- | :--- | :--- | :--- | :--- | | Expansion/Investment in EV Charging Projects | 10,065 | 10,065 | – | | | Operating Costs for EV Charging Projects | 1,351 | 1,351 | – | | | General Working Capital | 12,584 | – | – | | | － Professional Service Fees | – | 3,457 | – | | | － Staff Costs, Directors' Emoluments & Consultancy Fees | – | 3,764 | 5,000 | January 2025 | | － Rent & Management Fees | – | 363 | – | | | **Total** | **24,000** | **19,000** | **5,000** | | - The full utilization of approximately **HKD 24,000,000** in net proceeds was delayed from no later than September 30, 2024, to January 2025, due to stronger-than-expected operating cash inflows for the Group from September to December 2024[8](index=8&type=chunk) [(2) The Board hereby provides the following supplementary information for the subsection titled "Subscription of Convertible Bonds under Specific Mandate ("Convertible Bond Subscription")"](index=4&type=section&id=(2)%20The%20Board%20hereby%20provides%20the%20following%20supplementary%20information%20for%20the%20subsection%20titled%20%22Subscription%20of%20Convertible%20Bonds%20under%20Specific%20Mandate%20(%22Convertible%20Bond%20Subscription%22)%22) Changes in Use of Proceeds from First Tranche Convertible Bond Issue and Actual Utilization as at December 31, 2024 | Use | Revised Allocation of Proceeds (HKD '000) | Proceeds Utilized for the Year Ended December 31, 2024 (HKD '000) | Unutilized Proceeds as at December 31, 2024 (HKD '000) | | :--- | :--- | :--- | :--- | | Ordinary Share Subscription | 76,100 | 76,100 | – | | Expansion/Investment in EV Charging Projects | 15,890 | 15,890 | – | | Operating Costs for EV Charging Projects | 1,199 | 1,199 | – | | Computer Software Development Costs | 419 | 419 | – | | Staff Costs, Directors' Emoluments & Consultancy Fees | 1,285 | 1,285 | – | | Administrative Expenses | 707 | 707 | – | | **Total** | **95,600** | **95,600** | **–** | - The Board resolved to change the use of proceeds from the first tranche convertible bond issue totaling **HKD 95,600,000**, which were fully utilized as at December 31, 2024[9](index=9&type=chunk) [Other Information](index=4&type=section&id=Other%20Information) This section provides a list of directors and confirms the Board's responsibility for the accuracy of the announcement's information - This announcement lists the executive directors, non-executive directors, and independent non-executive directors as of the announcement date[11](index=11&type=chunk) - The Board assumes full responsibility for the accuracy, completeness, and non-misleading nature of the information contained in this announcement[11](index=11&type=chunk) - This announcement will be published on the HKEXnews website (www.hkexnews.hk) and the Company's website (www.cstl.com.hk)[11](index=11&type=chunk)

Stock Option Plan - SEM Holdings Limited reported its annual results for the year ending December 31, 2024, with a focus on the stock option plan details[2] - The stock options can be exercised within a period specified by the board, not exceeding 10 years from the grant date[3] - There is no minimum holding period or performance target required before exercising the stock options under the plan[3] - Eligible participants must submit acceptance of the offer within 21 days, along with a non-refundable payment of HKD 1.00[4] - The supplementary announcement does not affect other information contained in the annual report for 2024[4]

Financial Proceeds - The net proceeds from the subscription of new shares amounted to approximately HKD 43.5 million, fully allocated to the operational funding of the medical device and consumables trading business [3]. - All proceeds have been utilized within the fiscal year without significant changes or delays compared to the originally disclosed intentions [3].