VISION 願景 To be a dynamic enterprise that improves people's livelihood through infrastructure and professional services for cities in Asia and beyond 透過為亞洲和其他地區城市提供基建設施和專業服務， 成為一間改善民生並富有活力的企業 CORE VALUES 核心價值 Respect 尊重 We respect one another and treat everyone equally 我們互相尊重，平等對待每個人 Initiative 主動 We are self-starters and exceed expectations 我們積極主動，並超越期望 Commitment 承諾 We build trust through commitment 我們通過承諾建立互信 Nurture 培育 We spare no effort to nurture the next generation 我們不遺餘力地培育新一代 Innovation 創新 We are i ...

中期報告 2025 Interim Report 2025 本公司於截至2025年9月30日止六個月錄得本公司擁有人應佔未經審核溢利0.5百萬港元，而去年同期虧損為 9.8百萬港元，有關增加乃主要歸因於毛利增加及行政開支減少。 於截至2025年9月30日止六個月之每股基本及攤薄盈利約為0.02港元（2024年：每股基本及攤薄虧損約為0.53港 元（經重列））。 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小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。 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分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本報告載有有關民富國際控股有限公司（「本公司」）的資料，乃遵照聯交所GEM證 ...

6169 2025 年度報告 2 0 2 5 年 度 報 告 目錄 | 公司簡介 | 2 | | --- | --- | | 公司資料 | 3 | | 財務資料 | 5 | | 財務概要 | 8 | | 管理層討論及分析 | 11 | | 董事會報告 | 16 | | 董事及高級管理層 | 46 | | 企業管治報告 | 51 | | 獨立審計師報告 | 68 | | 合併損益表 | 79 | | 合併綜合收益表 | 81 | | 合併資產負債表 | 83 | | 合併權益變動表 | 85 | | 合併現金流量表 | 86 | | 合併財務報表附註 | 88 | | 釋義 | 193 | 公司簡介 本集團於中國營運民辦學校逾20年，按招生人數計算，本集團是中國領先的民辦學校營運商之一。 本集團的基本教育目標為「培養具有領導才能和自主學習能力的現代化人才，為中華民族的偉大復 興貢獻力量」。作為一家教育服務供應商，本集團深信，我們肩負培育社會未來棟樑的責任，致力 提供符合本集團價值觀及態度的教育服務。本集團學校的課程不僅幫助學生取得優異學業成績， 亦強調學生的全面發展。 本集團繼續透過改善教育基礎設施，不遺餘力地 ...

Executive Compensation - The total compensation for Mr. He from June 10, 2019, to December 31, 2023, amounts to HK$5,064,000, with a breakdown of HK$4,000,000 in salary and allowances, HK$1,168,000 in voluntary forfeiture, and HK$896,000 in bonuses[3] - Mr. He’s projected total compensation for the year 2024 is HK$1,219,000, which includes HK$1,149,000 in salary and allowances and HK$70,000 in voluntary forfeiture[3] - The total compensation for Mr. Su during his tenure as CEO from August 1, 2016, to March 17, 2017, was HK$1,606,000[2] - Mr. Tao's total compensation from October 12, 2018, to June 10, 2019, was HK$976,000, with HK$559,000 in salary and allowances and HK$100,000 in bonuses[2] - The company is committed to transparency in executive compensation, providing detailed breakdowns for each CEO's tenure[2][3] - The company has outlined its executive compensation strategy, which includes salary, bonuses, and retirement benefits[3] Governance and Compliance - The company has maintained its annual report data without any changes, ensuring consistency in financial disclosures[3] - The board of directors includes both executive and independent non-executive members, ensuring a diverse governance structure[5] - The financial data presented reflects the company's adherence to listing rules and regulations, ensuring compliance and accountability[2] - The board is led by Chairman Teguh Halim, indicating stable leadership during the reporting period[4]

Equipment Orders and Development - The Company secured 7 new orders for semiconductor cleaning equipment, including a high-temperature sulfuric acid cleaning equipment, with successful deliveries to customers[13]. - For Low-Pressure Chemical Vapor Deposition (LPCVD) equipment, the Company obtained 2 new orders, both of which have been successfully delivered[13]. - The Company received 4 new orders for CUBE/QUADRA Single Wafer Cleaning Equipment, including repeat orders from existing customers in the power device sector[14]. - The OCTOPUS Single Wafer Cleaning Equipment secured 4 new orders, with two units designated for a 12-inch wafer foundry customer supporting critical cleaning steps in the 28nm process node[15]. - The Company is developing Parallelo Batch Cleaning Equipment for 12-inch wafer cleaning processes, currently in the development and testing phase[18]. - The LPCVD equipment platform has secured two prototype orders for LP-SiN and ALD-SiN processes, both successfully delivered to customers[20]. - The LPCVD equipment series boasts higher filling aspect ratio, uniformity, step coverage, and lower contamination compared to domestic counterparts[20]. - The mass production capability of advanced equipment models is being accumulated and verified through successful order deliveries[13]. - The Company aims to provide customers with solutions that feature stronger overall competitiveness compared to similar equipment from overseas suppliers[20]. - The LPCVD equipment is expected to enter the industrialization phase soon, with higher filling aspect ratios and lower contamination compared to domestic competitors[21]. - The Company is focused on developing innovative and cost-effective wet processing equipment to address industry pain points[21]. - The Company has approximately 140 R&D and technical support personnel, focusing on developing a differentiated product portfolio for semiconductor equipment localization[55]. - The Company is developing innovative and cost-effective wet process equipment to enhance customer efficiency in line with new semiconductor industry trends[56]. Financial Performance - Revenue from sales for the six months ended 30 September 2025 was HK$77.6 million, a decrease of 52.2% compared to HK$162.0 million for the same period in 2024[32]. - Revenue from sales of crude oil was HK$68.4 million, down 19.2% from HK$84.7 million in the previous year[32]. - Gross profit for the period was HK$9.7 million, a decline of 67.2% from HK$29.8 million in the prior year[32]. - The loss before taxation was HK$88.8 million, improving from a loss of HK$158.3 million in the same period last year[32]. - Adjusted EBITDA for the period was a loss of HK$5.6 million, compared to a loss of HK$46.3 million in the previous year[32]. - The company has an order backlog of HK$448 million, with corresponding revenue yet to be recognized[24]. - The amount of unrecognized revenue from orders on hand increased to HK$214,059,000 as of September 30, 2025, up from HK$158,347,000, reflecting a growth of approximately 35%[39]. - The total cumulative delivered revenue from orders decreased to HK$81,383,000 from HK$137,542,000, a decline of approximately 41%[39]. - Loss before taxation for the six months ended September 30, 2025, improved to HK$88,801,000 from HK$158,331,000 in the same period of 2024, representing a reduction of approximately 44%[38]. - The company aims to achieve improved profitability through a substantial order backlog and continuously optimized costs[24]. - Revenue from equipment and services decreased by HK$68.2 million, or approximately 88.2%, from HK$77.3 million for the six months ended September 30, 2024, to HK$9.1 million for the reporting period[125]. - Revenue from external customers in the Semiconductor and solar cell segment decreased from HK$77.3 million in 2024 to HK$9.1 million in 2025[165]. - Revenue from external customers in the Oil and gas and others segment decreased from HK$84.7 million in 2024 to HK$68.4 million in 2025[165]. Market Trends and Projections - The global semiconductor market is projected to reach US$697.1 billion by 2025, with a CAGR of 8%[52]. - The WFE market is projected to reach US$7.6 billion in 2025, accounting for approximately 6% of the global WFE market[49]. - China's domestic semiconductor cleaning equipment market holds around 32% of the global market, valued at over US$2.4 billion, with a localization rate nearing 50%[52]. - The solar cell cleaning equipment market is expected to exceed US$680 million in 2025, representing 8% of the total solar cell equipment market[50]. - The LPCVD equipment market is projected to account for 8% of the global WFE market, approximately US$10 billion by 2025, with the Chinese domestic market representing about US$3.2 billion, or 32% of the global market[67]. - The current localization rate of LPCVD equipment in China's semiconductor market is only about 20%, indicating significant room for growth and development[67]. - The semiconductor and solar cell industries are viewed as major global growth drivers, with a focus on developing high-productivity cleaning and thin-film equipment solutions[116][119]. - Geopolitical uncertainties and export restrictions are reshaping global supply chains in the semiconductor sector, leading to sustained expansion of domestic wafer manufacturing capacity[117]. - In the solar cell sector, long-term fundamentals remain intact despite intensified competition and margin pressure, with technologies like TOPCon and BC dominating new capacity additions[120][123]. Operational and Strategic Initiatives - The company is actively expanding its market presence to secure new orders and maintain positive business momentum[24]. - The company plans to gradually expand investments in semiconductor equipment, anticipating a global semiconductor market growth to US$697.1 billion in 2025, with a CAGR of 8%[48]. - The company aims to enhance operational efficiency by improving the management of the entire chain from R&D to sales and optimizing its financial structure[69]. - The semiconductor cleaning equipment business is focusing on increasing market share in the wafer thinning (BGBM) segment and expanding applications for 12-inch wafer production lines[69]. - The company plans to integrate industry resources and explore potential quality resources through mergers and acquisitions to promote enterprise development[74]. - The company is actively identifying and evaluating investment opportunities in the semiconductor and solar cell industry, marking a significant milestone in its business development[76]. - The management team has extensive experience, with an average industry tenure of over 20 years, focusing on building core competencies to drive new business growth[55]. - The company aims to become a leader in semiconductor cleaning equipment and LPCVD equipment within the next decade, with mid-to-short term objectives focused on market consolidation and technology commercialization[122][124]. Oil and Gas Sector Performance - The gross production volume from the upstream oil and gas business was 163,999 barrels, a decrease from 170,035 barrels, representing a decline of about 3.1%[42]. - The average unit selling price for oil decreased to HK$525 per barrel from HK$625 per barrel, a drop of approximately 16%[42]. - The average unit production cost before depreciation and amortization improved to HK$134 per barrel from HK$156 per barrel, a reduction of about 14%[42]. - The oil and gas industry is gradually recovering, supported by improved operational efficiency and disciplined capital management, while adapting to the global energy transition towards low-carbon sources[78]. - International oil prices remained volatile during the nine months ended September 30, 2025, influenced by geopolitical tensions and global supply-demand dynamics[77]. - The company successfully drilled 4 oil-producing wells during the reporting period, compared to 8 wells in the previous period[42]. - The average daily gross production volume decreased from 945 barrels to 911 barrels[94]. - The average daily gross sales volume decreased from 941 barrels to 905 barrels[94]. - The company incurred exploration and development expenditures of HK$16,453,000 for oil producers and HK$3,083,000 for fracturing workover during the six months ended 30 September 2025[96]. Investment and Financial Management - The company has established subsidiaries in China for R&D and manufacturing of semiconductor and solar cell production equipment[27]. - Britech, a company invested by the Group in 2022, holds a 23.45% equity interest and is classified as an associate in the Group's consolidated financial statements[31]. - The Group has not engaged in any hedging activities for oil price risk or foreign exchange rate risk as of September 30, 2025[176][178]. - The Group's liquidity management includes monitoring compliance with lending covenants and maintaining sufficient cash reserves and marketable securities[182]. - The Group is exposed to various market risks, including oil price risk, currency risk, liquidity risk, interest rate risk, credit risk, equity price risk, and driver management risk[174]. - The Group's credit risk is primarily associated with cash at bank and trade receivables, with limited exposure due to partnerships with state-owned or well-known financial institutions[185]. - The Group establishes provisions for potential litigation losses based on estimates of the losses[190]. - The company expects a challenging market environment but will continue to pursue long-term business and profitability growth[198]. - The Board will closely monitor the performance of its investment portfolios throughout the Fund's term[198]. - As of September 30, 2025, the fair value of the Fund investment held by the Group was HK$178.5 million, representing 7.7% of total assets[197]. - Valuefort Investment Limited has committed to a total capital of US$20 million (approximately HK$155.66 million) for the IDG Capital Project Fund II, L.P.[199]. - As of September 30, 2025, Valuefort has contributed US$14.3 million (approximately HK$111.29 million) to the Fund, with US$5.7 million pending payment[199].

快意智能股份有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8040） 中期報告 2025 產品家族 再添生力軍 COOLPOINT INNONISM HOLDING LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8040) A NEW MEMBER JOINS OUR PRODUCT FAMILY INTERIM REPORT 2025 本報告載有遵照聯交所GEM證 券 上 市 規 則（「GEM上市規則」）提 供 的 詳 情，旨 在 提 供 關 於 快 意 智 能 股 份 有 限 公 司（「本公司」）及 其 附 屬 公 司（統 稱 為「本集團」）的 資 料，本 公 司 董 事（「董 事」）就 此 共 同 及 個 別 地 承 擔 全 部 責 任。董 事 經 作 出 一 切 合理查詢後確認，就彼等所深知及確信，本報告所載資料在所有重大方面均屬 準確及完整，並無誤導或欺詐成分，且本報告並無遺漏任何其他事宜導致當中 任何陳述或本報告具誤導成分。 1 快意智能股份有限公司 財務摘要 截 至202 ...

敏 捷 控 股 有限公司 (於開曼群島註冊成立並於百慕達繼續經營之有限公司) (股份代號：186) 2025 中期報告 目錄 頁次 | 公司資料 | 2 | | --- | --- | | 簡明綜合損益表 | 3 | | 簡明綜合損益及其他全面收益表 | 4 | | 簡明綜合財務狀況表 | 5 | | 簡明綜合權益變動表 | 7 | | 簡明綜合現金流量表 | 8 | | 未經審核簡明綜合中期財務報表附註 | 10 | | 管理層討論及分析 | 35 | | 其他資料 | 47 | 公司資料 董事會 執行董事 譚炳照先生 鄧向平先生 嚴國浩先生 梁敏玲女士 胡德勝先生 獨立非執行董事 林金鶯博士 陸正華博士 葉恒青博士 審核委員會 陸正華博士 （主席） 林金鶯博士 葉恒青博士 郭柏成先生 助理公司秘書 Linda Longworth女士 International Managers Bermuda Ltd. 法律顧問 羅夏信律師事務所 任其昌•李鴻生律師行 核數師 薪酬委員會 林金鶯博士 （主席） 陸正華博士 葉恒青博士 提名委員會 譚炳照先生 （主席） 林金鶯博士 葉恒青博士 公司秘書 中匯安達會計師事務所 ...

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佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不會因本公佈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。 有關2024年年報及2025年中報之 補充公告 2024年年報 茲提述偉仕佳杰控股有限公司(「本公司」，連同其附屬公司，「本集團」)截至2024年12月31 日止年度之年度報告(「2024年年報」)。本公司謹此提供如下額外資料： 就庫存股份而言，截至2024年12月31日止年度(簡稱「該年度」)，本公司回購了4,978,000股庫 存股份，其中4,540,000股作為庫存股份持有。截至2024年12月31日，本公司持有相同數量的庫 存股份，即4,540,000股庫存股份，以備日後轉售或履行股份授予義務。 本公司於2015年6月30日採納的購股權計畫(「購股權計畫」)，本公司謹此提供以下補充資料： 2025 年中報 茲提述本公司截至2025年6月30日止六個月之中期報告(「2025年中報」)。截至2025年6月30日 - 1 - (a) 截至2024年12月31日，購股權計畫剩餘期限約為6個月； (b) 該 ...

Shareholding - Linekong Interactive Group holds 87,045,455 shares in Axie Infinity, representing approximately 36.82% of the issued share capital[2] Investment - The company has an initial investment of RMB 30,000,000 in Geekbang Fund, which accounts for 25.77% of the fund[2]

Corporate Information 公司資料 INTERIM REPORT 中期報告 2025/2026 現恆建築控股有限公司 1 • 中期報告 2025 / 2026 Contents 目錄 Page/頁次 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Highlights | 摘要 | 4 | | Management Discussion and Analysis | 管理層討論與分析 | 5 | | Disclosure of Interests | 權益披露 | 11 | | Corporate Governance and Other Information | 企業管治及其他資料 | 13 | | Consolidated Statement of Profit or Loss and Other Comprehensive Income | 綜合損益及其他全面收益表 | 17 | | Consolidated Statement of Financial Position | 綜合財務狀況表 | 18 | | Co ...