Environmental Impact - The group reported a total carbon dioxide equivalent (tCO2e) emissions of 25.17 tons for the year ending March 31, 2024, an increase of 5.28 tons or 27% compared to the previous year[13]. - The total harmless waste generated was 109.63 tons in 2024, a decrease of 29% from 155.06 tons in 2023[15]. - Energy consumption increased to 49,180 kWh, representing a 47% increase from 33,404 kWh in the previous year[30]. - Fuel consumption rose significantly to 24,684 kWh, a 146% increase from 10,021 kWh in the previous year[28]. - Water consumption increased to 78 cubic meters, up 12% from 70 cubic meters in the previous year[28]. - The carbon intensity was reported at 1.36 tCO2e per employee, reflecting the group's ongoing efforts to monitor and reduce emissions[13]. - The group aims to reduce nitrogen oxides (NOx), sulfur oxides (SOx), and particulate matter emissions by 2% by the fiscal year 2027[7]. - The group has implemented various resource management measures, including reuse, recycling, and waste reduction strategies[31]. - The group is committed to annual assessments of greenhouse gas emissions to support future reduction targets[13]. - The group is committed to reducing waste and following the internationally recognized "5R" principles in its operations[78]. - The group is closely monitoring climate change regulations and adjusting its strategies to meet regulatory requirements[67]. Employee Training and Welfare - As of March 31, 2024, the total number of trained employees is 5, representing 27% of the workforce, an increase of 5% from the previous year[47]. - The average training hours per employee increased by 60% to 3.1 hours compared to the previous fiscal year[50]. - Total training hours for the group reached 58 hours, a 9% increase from 53 hours in the previous year[56]. - 100% of senior management received training, up from 50% in the previous year, indicating a 50% increase[47]. - The average training hours for senior management rose to 11.6 hours, a 63% increase from 7.1 hours in the previous year[56]. - The group has a strong focus on employee welfare, ensuring a safe and healthy work environment[68]. - The group encourages all employees to pursue further education and participate in external training programs, providing training subsidies[46]. - The company is committed to providing a safe, clean, and healthy work environment for employees, protecting them from occupational hazards[45]. - The group has implemented a strict no-smoking policy to ensure a healthy and safe working environment[45]. - The company provides a harmonious and professional work environment, ensuring reasonable compensation for all employees[192]. Financial Performance - The group recorded total revenue of approximately HKD 273,889,000 for the year ending March 31, 2024, an increase of about HKD 97,086,000 or 54.91% compared to HKD 176,803,000 in the previous year[88]. - Revenue from chemical products trading increased by HKD 71,537,000, driven by a rebound in demand due to the normalization of operations in China[88]. - The group reported a loss attributable to shareholders of approximately HKD 36,531,000, an improvement from a loss of HKD 50,721,000 in the previous year[89]. - The asset-liability ratio (excluding cash and cash equivalents) rose to approximately 695.7% from 270.1% in the previous year, primarily due to a decrease in trade receivables[90]. - Cash and cash equivalents as of March 31, 2024, were approximately HKD 127,000, a significant decrease from HKD 9,456,000 in the previous year[90]. - Administrative expenses decreased by 16.28% to approximately HKD 15,785,000, attributed to strict cost control measures implemented by the group[106]. - Total borrowings were approximately HKD 223,239,000, a slight decrease from HKD 229,128,000 in the previous year[107]. - The company’s gross profit for the year ended March 31, 2024, was approximately HKD 1,553,000, compared to approximately HKD 567,000 for the year ended March 31, 2023[130]. - The gross profit margin increased to approximately 0.57% for the year ended March 31, 2024, up from 0.32% for the year ended March 31, 2023, primarily due to higher margins in the sales and integrated services segment[130]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per the listing rules, with a noted deviation from rule C.2.1[197]. - The board is responsible for formulating and approving the group's development, business strategy, policies, annual budget, and business plans[199]. - The independent auditor is involved in ensuring compliance with governance standards[193]. - The company has confirmed that all directors have complied with the required standards as of March 31, 2024[184]. - The company has complied with the disclosure requirements of the Listing Rules regarding connected transactions[185]. - The company has not encountered any significant violations related to child labor or forced labor during the reporting period[68]. - The group adheres to relevant laws and regulations, with no reported environmental violations during the reporting period[74]. - The group has established a qualified supplier evaluation mechanism, removing suppliers that fail to meet standards[70]. - There were no significant negative impacts related to business ethics, environmental protection, human rights, or labor practices from suppliers during the reporting period[62]. Business Strategy and Future Outlook - Management is focused on improving operational efficiency in the sales and service segments through rigorous project selection and cost control measures[109]. - The company is actively seeking acquisition or investment opportunities with growth potential and is in discussions with multiple parties regarding such acquisitions or investments[110]. - The company plans to conduct fundraising activities, such as share placements or loan capitalizations, to strengthen and improve its financial position[110]. - The company will continue to improve operational efficiency by standardizing procedures and simplifying processes to eliminate redundancies and bottlenecks[135]. - The company aims to strengthen budget management and strictly implement cost and expense control measures to restore profitability[135]. - The company is closely monitoring global economic trends to seize business opportunities[135]. - The company’s major business segments include general trading of chemical products and providing integrated services for computer and communication systems[134]. - There are no significant changes in the nature of the company's main business during the year[144]. Shareholder Information - The company’s major shareholder, Lin Qingqu, holds 495,460,166 shares, representing approximately 288.93% of the total shareholding[156]. - The company has a total of 305,490,241 shares held by Wei Jun Investment Fund, representing approximately 178.15% of the total shareholding[156]. - As of March 31, 2024, the company had issued a total of 267,389,531 ordinary shares[177]. - The company has not received any notifications regarding major shareholders holding shares or related interests as of March 31, 2024[180]. - The company has not granted, exercised, canceled, or allowed any stock options to expire during the fiscal year ending March 31, 2024[182]. - The company has not purchased, sold, or redeemed any listed securities during the fiscal year ending March 31, 2024[188]. - The board composition includes the chairman and CEO, with a recent resignation noted[198]. - The company has no significant related party transactions or continuing related party transactions for the year ending March 31, 2024[160].
伟俊集团控股-新(01013) - 2024 - 年度财报