亞洲先鋒娛樂控股有限公司 Asia Pioneer Entertainment Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號 : 8400 電子博彩設備 智能販賣機營運商 立足澳門，放眼亞洲 年度報告 2024 Asia Pioneer Entertainment Holdings Limited 亞洲先鋒娛樂控股有限公司 Annual Report 2024 年度報告 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM的定位，乃為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。 由於在GEM上市之公司一般為中小型公司，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之市場波 動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司以及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示概不會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的任何損失承擔任何責任。 本 ...

年 報 2024 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 4 | | 管理層討論及分析 | 7 | | 董事及高級管理層履歷 | 14 | | 企業管治報告 | 19 | | 董事會報告 | 44 | | 獨立核數師報告 | 63 | | 綜合損益及其他全面收益表 | 68 | | 綜合財務狀況表 | 70 | | 綜合權益變動表 | 72 | | 綜合現金流量表 | 73 | | 綜合財務報表附註 | 75 | 01 綠心集團有限公司 • 2024 年報 頁次 公司資料 董事會 鄭志謙 （非執行主席） # 丁偉銓 （行政總裁） * 劉皓之# 李國恒# 孫頌欣# 黃文宗** 張伯陶** 杜振偉** * 執行董事 # 非執行董事 ** 獨立非執行董事 審核委員會 黃文宗 （主席） 李國恒 杜振偉 薪酬委員會 黃文宗 （主席） 劉皓之 杜振偉 提名委員會 鄭志謙 （主席） 張伯陶 杜振偉 公司秘書 馮嘉雯 法定代表 丁偉銓 馮嘉雯 註冊辦事處 Canon's Court, 22 Victoria Street Hamilton HM 12, Bermuda 股份代號 94 香 ...

香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一個上市的市場。有意投資人士 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上市公司一般為中小型公司，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。 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。 本報告的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關華星控股有限公司（「本公司」）的 資料；本公司董事（「董事」）願就本報告的資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所 知及所信，本報告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分；及並無遺漏其他事項，足以令本報告所 載任何陳述或本報告產生誤導。 目 錄 | 公 | 司 | 資 | 料 | | | | | | | | | 2 | ...

(Incorporated in the Bermuda with limited liability) （於百慕達註冊成立之有限公司） Stock Code 股份代號：2886 2024 Annual Report 年報 Annual Report 2024 年 報 Content 目錄 Corporate Information 公司資料 2 Corporate Profile 公司簡介 5 Financial Highlights 財務摘要 8 Chairman's Statement 主席報告 10 Management Discussion and Analysis 管理層討論與分析 16 Corporate Governance Report 企業管治報告 25 Biographical Information of Directors and Senior Management 董事及高級管理人員簡介 59 Directors' Report 董事會報告 68 Independent Auditor's Report 獨立核數師報告 115 Consolidated Statement of P ...

Loco Hong Kong Holdings Limited 於香港註冊成立的有限公司 股份代號 Annual Report 年報 2024 Loco Hong Kong Holdings Limited Annu al Rep ort 2024 年報 Loco Hong Kong Holdings Limited CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investin ...

2024 年 報 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM之定位，乃為中小型公司提供一個上市之市場，此等公司相比起其他在聯交所上市之公司帶有較高 投資風險。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳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 之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本年報之內容概不負責，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年報全部或任何部份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。 本年報之資料乃遵照聯交所之《GEM證券上市規則》（「GEM上市規則」）而刊載，旨在提供有關中國基礎能 源控股有限公司（「本公司」）之資料；本公司之董事（「董事」）願就本年報之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，確認就其所知及所信，本年報所載資料在各重要方面均屬準確完備，沒有 誤導或欺詐成分，且並無遺漏任何事項，足以令致本年報或其所載任何陳述產生誤導。 目錄 | | 頁次 | | --- | ...

2024 年報 年 於開曼群島註冊成立之有限公司 公司資料 董事會 主席兼非執行董事 艾樂德 BA, MA, MA, PhD 執行董事 蘇慰國 BSc, PhD 首席執行官兼首席科學官 鄭澤鋒 BEc, CA(ANZ) 首席財務官 非執行董事 施熙德BSE, MA, MA, EdM, Solicitor, FCG, HKFCG 楊凌BA, BSc, MBA 獨立非執行董事 卡博樂BA, FCMA 高級獨立董事 言思雅MBBS, MBA 胡朝紅BSc, PhD (1) 蓆紀倫BCom, CA(ANZ), FCPA 莫樹錦BMSc, MD, FRCPC, FHKCP, FHKAM, FRCP(Edin), FASCO 黃德偉BCom, FCPA, CA(ANZ) (3) 審核委員會 蓆紀倫 （主席） 言思雅 卡博樂 黃德偉 (3) 提名委員會 莫樹錦 （主席） 艾樂德 胡朝紅 (2) 蓆紀倫 附註： (1) 於 2024 年 11 月 21 日獲委任為獨立非執行董事及技術委員會之成員 (2) 於 2025 年 2 月 4 日獲委任為提名委員會之成員 (3) 於 2025 年 3 月 6 日獲委任為獨立非執行董事及 ...

彩星集團有限公司 PLAYMATES HOLDINGS LIMITED （於百慕達註冊成立之有限公司） （股份代號：635） 二零二四年年報 PLAYMATES HOLDINGS LIMITED www.playmates.net 彩星集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：635） 二零二四年年報 PLAYMATES HOLDINGS LIMITED 彩星集團有限公司 （股份代號：635） C_Playmates Holdings_AR24_Cover_(AN).indd 1 2025/3/27 下午 05:08:32 目錄 | | 頁 | | --- | --- | | 公司資料 | 2 | | 主席報告書 | 3 | | 管理層討論及分析 | 4 | | 董事及高級管理人員 | 7 | | 董事會報告書 | 10 | | 企業管治報告書 | 27 | | 環境、社會及管治報告書 | 39 | | 獨立核數師報告書 | 61 | | 綜合收益表 | 67 | | 綜合全面收益表 | 68 | | 綜合財務狀況表 | 69 | | 綜合現金流量表 | 71 | | 綜合權益變動表 | 73 ...

Financial Performance - For the year ended December 31, 2024, confirmed revenue was RMB 2.787 billion, a decrease of 28.5% compared to the same period in 2023[2]. - Gross profit for 2024 was RMB 404.91 million, down 24.2% year-on-year, with a gross margin increase from 13.7% in 2023 to 14.5% in 2024[2]. - The net loss increased from RMB 1.713 billion in 2023 to RMB 2.325 billion in 2024[3]. - Basic loss per share attributable to ordinary equity holders was RMB 0.9037, compared to RMB 0.6560 in 2023[3]. - The group reported a total annual loss of RMB 2,324,987,000 for the fiscal year ending December 31, 2024[28]. - The total external customer revenue for the group was RMB 2,787,231,000, with a significant loss before tax of RMB 2,313,636,000[28]. - The company reported a significant reduction in costs, with total sales and administrative expenses decreasing to RMB 2,581,722,000 from RMB 3,459,121,000[34]. - The company reported a net loss of RMB 1,713,819,000 for the year, compared to a loss of RMB 1,360,970,000 in the previous year[34]. - The company incurred a loss of RMB 367,342,000 on the fair value of investment properties[34]. - The company’s net debt ratio increased to 152.64% from 119.1% year-on-year, reflecting a significant rise in leverage[94]. Assets and Liabilities - Total non-current assets decreased from RMB 22.404 billion in 2023 to RMB 20.649 billion in 2024[6]. - Total current assets decreased from RMB 14.374 billion in 2023 to RMB 13.231 billion in 2024[6]. - Total liabilities decreased from RMB 27.086 billion in 2023 to RMB 26.479 billion in 2024[7]. - Total equity attributable to the company's owners decreased from RMB 9.601 billion in 2023 to RMB 7.266 billion in 2024[7]. - As of December 31, 2024, the group's current liabilities exceeded current assets by RMB 10,940,280,000[15]. - The total overdue borrowings amounted to RMB 5,034,868,000 as of December 31, 2024[15]. - The group has a total of RMB 6,583,478,000 in various bank and other borrowings that may require immediate repayment if demanded by lenders[16]. - The total assets of the group amounted to RMB 33,879,986,000, with total liabilities of RMB 26,479,011,000[28]. - The group’s total liabilities decreased slightly to RMB 3,344,918,000 in 2024 from RMB 3,388,927,000 in 2023[49]. - The group’s cash deposits for project development were RMB 208,905,000 as of December 31, 2024, down from RMB 219,308,000 in 2023[50]. Cash Flow and Liquidity - The group faced significant liquidity issues, with current liabilities exceeding current assets by RMB 10.94 billion as of December 31, 2024[60]. - The company has overdue borrowings totaling RMB 5.035 billion and outstanding payments to certain parties amounting to RMB 1.444 billion, leading to potential legal actions[60]. - The company has outstanding priority notes with a face value of RMB 1,724,806,000 as of December 31, 2024[56]. - The company has received a notice of acceleration due to non-payment of consent fees and interest totaling USD 27,553,000[55]. - The company is actively negotiating with lenders regarding overdue borrowings and has received preliminary intentions for renewal or extension from some lenders[123]. - The company has developed plans and measures to alleviate liquidity pressure and improve financial conditions, which are still in progress[121]. - The company has a cash flow forecast covering at least 12 months from December 31, 2024, to assess operational funding needs[121]. - The group aims to accelerate the sales collection of pre-sold and completed properties to improve cash flow[124]. - The group plans to sell certain assets at reasonable prices to generate cash inflow and alleviate liquidity pressure[124]. - The group has maintained positive communication with lenders regarding overdue loans, confident in persuading them not to demand immediate repayment[125]. Revenue Breakdown - For the fiscal year ending December 31, 2024, total revenue from the property development segment was RMB 1,886,827,000, while the total revenue from the property investment segment was RMB 706,290,000[28]. - The group recorded a total revenue of RMB 2.787 billion for the year, with residential sales contributing RMB 1.846 billion, rental income at RMB 472 million, and construction services generating RMB 261 million[61]. - Property sales revenue amounted to RMB 1,846.03 million, down 28.7% compared to the previous year, primarily due to a reduction in project deliveries[78]. - Rental income was RMB 472.01 million, a decline of 6% year-on-year, attributed to significant tenant downsizing in the second half of the year[79]. - Revenue from business park management services was RMB 208.40 million, a decrease of 9.5% year-on-year, due to clients reducing their business scale[80]. - Revenue from construction, renovation, and landscaping services was RMB 260.79 million, down 54.6% year-on-year, mainly due to fewer external project contracts[81]. Operational Strategy - The group plans to expedite the pre-sale and sale of properties under development and completed properties to generate cash inflow[18]. - The group aims to maintain ongoing business relationships with major contractors and suppliers to ensure timely completion of construction projects[22]. - The company plans to continue focusing on property development and management services to enhance revenue streams in the future[30]. - The company plans to focus on "stabilizing operations, reducing debt, managing risks, and seeking development" in response to ongoing market uncertainties[63]. - The group aims to enhance construction and decoration capabilities to stabilize revenue and improve project management quality[71]. Corporate Governance and Compliance - The independent auditor's report states that the company could not express an opinion on the consolidated financial statements due to insufficient audit evidence[58]. - The company has appointed a new auditor, BDO, effective December 24, 2024, following the resignation of the previous auditor[126]. - The audit committee has reviewed and approved the annual performance, focusing on cash flow forecasts and plans to mitigate liquidity pressure[130]. - The company has received a winding-up petition for overdue payments totaling HKD 889,261, which was later withdrawn by the petitioner[110]. - The company has not received any liquidation petitions from Andu Party as of the announcement date[122]. - The company’s auditor has expressed an inability to issue an opinion due to significant uncertainties regarding the company's ability to continue as a going concern[120].

Financial Performance - For the year ended December 31, 2023, confirmed revenue was RMB 3.897 billion, a decrease of 14.0% compared to RMB 4.533 billion in the same period of 2022[2] - Gross profit for 2023 was RMB 534.44 million, down 49.6% from RMB 1.060 billion in 2022, with a gross margin decline from 23.4% to 13.7%[2] - The net loss for the year increased from RMB 736.49 million in 2022 to RMB 1.713 billion in 2023[2] - Basic loss per share attributable to ordinary equity holders was RMB 0.6560, compared to RMB 0.2851 in the previous year[3] - Total revenue for the year ended December 31, 2023, was RMB 3,897,147,000, a decrease from RMB 4,532,923,000 in 2022, representing a decline of approximately 14.1%[35] - The company reported a net loss of RMB 1,713,819,000 for the year, compared to a net loss of RMB 736,493,000 in the previous year, indicating a significant increase in losses[32] - The company incurred a fair value loss of RMB 367,342,000 on investment properties during the year[32] - The company reported a comprehensive loss attributable to ordinary equity holders of RMB 1,695,128,000 for the year ended December 31, 2023, compared to RMB 736,773,000 for the previous year, indicating a significant increase in losses[45] Assets and Liabilities - Total assets decreased from RMB 39.684 billion in 2022 to RMB 36.778 billion in 2023[5] - Total liabilities decreased from RMB 28.278 billion in 2022 to RMB 27.086 billion in 2023[6] - Current liabilities exceeded current assets by RMB 10.096 billion as of December 31, 2023[12] - Cash and cash equivalents increased from RMB 127.52 million in 2022 to RMB 175.05 million in 2023[5] - As of December 31, 2023, the total outstanding principal amount of overdue borrowings is RMB 6,763,045,000, with RMB 2,376,181,000 having been deferred as of the approval date of the consolidated financial statements[14] - The group has a total of RMB 4,903,404,000 in various bank and other borrowings that may require immediate repayment if demanded by lenders, including RMB 1,200,883,000 due within one year[15] - The group has accrued liabilities to the "Andou Party" amounting to RMB 1,253,769,000 as of December 31, 2023, due to non-compliance with a settlement agreement[14] - The group’s financial position remains unaffected by the deferred tax balances, as they can be offset according to Hong Kong Accounting Standard No. 12[22] Cash Flow and Financing - The group is actively negotiating with lenders to renew or extend overdue borrowings, with some lenders showing preliminary interest in renewal[15] - The group plans to expedite the pre-sale and sale of properties under development and completed properties to improve cash flow[17] - The group aims to maintain ongoing business relationships with major contractors and suppliers to ensure timely completion of construction projects and control costs[17] - The group is seeking opportunities to sell certain assets and investments at reasonable prices to generate cash inflow and alleviate liquidity pressure[17] - The company has implemented measures to alleviate liquidity pressure, including expediting sales collections and controlling costs[131] - The company is in ongoing discussions with banks and financial institutions regarding future financing arrangements[122] Operational Strategy - The group plans to focus on core business operations and improve efficiency while managing existing assets and liabilities[68] - The group is advancing its "industry-city integration" strategy, with the Chongqing Beibei project completed in June 2023, serving as a key urban landmark[69] - The group aims to optimize its organizational structure and resource allocation to enhance operational efficiency and control expenses[68] - The group has established partnerships with five district governments for investment promotion, enhancing its operational capabilities[78] - The group is expanding its business in key regions such as Dalian, Changsha, and Zhengzhou, with ongoing flagship projects[75] Accounting and Compliance - The group has adopted new and revised standards effective from January 1, 2023, which are not expected to have a significant impact on the financial position or performance[19] - The group has implemented measures to ensure compliance with accounting policy disclosures and significant judgment assessments as per the revised standards[20] - The application of the revised Hong Kong Accounting Standard No. 12 has narrowed the scope of initial recognition of deferred tax liabilities and assets, impacting temporary differences related to leases and retirement obligations[22] - The new guidelines from the Hong Kong Institute of Certified Public Accountants regarding the abolition of the MPF-long service payment offset mechanism will take effect on May 1, 2025, but have no significant impact on the group's financial statements[23] - The group has not adopted new and revised standards that are not mandatory for the year ending December 31, 2023, and expects no significant impact from these standards in the foreseeable future[24] Employee and Corporate Governance - The group had a total of 493 full-time employees as of December 31, 2023, a decrease from 614 employees in 2022[107] - The board declared no final dividend for the year ended December 31, 2023[2] - The board did not recommend the payment of a final dividend for the year, consistent with the previous year[109] Legal and Regulatory Issues - The company is required to pay a total of approximately $209 million to the claimant, which has been reduced to $175 million under a settlement agreement[115] - As of the announcement date, the company has not fulfilled all payment obligations under the settlement agreement[116] - A winding-up petition was filed against the company for overdue payments totaling HKD 889,261, but the petition was withdrawn on June 25, 2024[132] - Trading of the company's shares was suspended on April 2, 2024, due to delays in publishing audited annual results for the year ending December 31, 2023[133] - The company is working to meet the requirements set by the stock exchange to resume trading as soon as possible[133]