基石科技控股(08391) - 2025 - 年度业绩

Announcement Overview 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] Annual Report Clarifications and Supplements This section provides detailed clarifications and supplementary information for the 2021, 2022, and 2024 annual reports 2021 Annual Report Clarification 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 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 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 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][7] 2024 Annual Report Clarification and Supplement 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")" 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] (2) The Board hereby provides the following supplementary information for the subsection titled "Subscription of Convertible Bonds under Specific Mandate ("Convertible Bond Subscription")" 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] Other Information 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] - The Board assumes full responsibility for the accuracy, completeness, and non-misleading nature of the information contained in this announcement[11] - 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)