信铭生命科技年报 2022/23

Contents 2Corporate Information4Director’s Statement5Management Discussion and Analysis29Biographical Details of Directors and Senior Management32Corporate Governance Report52Report of Directors66Independent Auditor’s Report73Consolidated Statement of Profit or Loss and OtherComprehensive Income 75Consolidated Statement of Financial Position78Consolidated Statement of Changes in Equity80Consolidated Statement of Cash Flows83Notes to the Consolidated Financial Statements200Financial Summary CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Xu HaiyingDr. Zhiliang Ou,J.P. (Australia)Mr. Fok Chi Tak INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Chan Ming Sun JonathanMr. Lam Kwan SingMr. Mak Yiu Tong AUDIT COMMITTEE Mr. Chan Ming Sun Jonathan(Chairman of Committee)Mr. Lam Kwan SingMr. Mak Yiu Tong EXECUTIVE COMMITTEE Mr. Xu HaiyingDr. Zhiliang Ou,J.P. (Australia)Mr. Fok Chi Tak REMUNERATION COMMITTEE Mr. Chan Ming Sun Jonathan(Chairman of Committee)Dr. Zhiliang Ou,J.P. (Australia)Mr. Lam Kwan Sing NOMINATION COMMITTEE Mr. Mak Yiu Tong(Chairman of Committee)Dr. Zhiliang Ou,J.P. (Australia)Mr. Chan Ming Sun JonathanMr. Lam Kwan Sing AUTHORIZED REPRESENTATIVES Mr. Fok Chi TakDr. Zhiliang Ou,J.P. (Australia) COMPANY SECRETARY Mr. Siu Chun Pong Raymond(appointed on 26 August 2022)Ms. Chan Lai Ping(resigned on 26 August 2022) CORPORATE INFORMATION LEGAL ADVISER Raymond Siu & Lawyers AUDITOR ZHONGHUI ANDA CPA LimitedCertified Public Accountants PRINCIPAL BANKERS Shanghai Commercial Bank LimitedThe Hongkong and Shanghai Banking Corporation LimitedNanyang Commercial Bank, Ltd.Bank of China (Hong Kong) LimitedThe Bank of East Asia Limited PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN CAYMAN ISLANDS Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia CourtCamana BayGrand Cayman, KY1–1100Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFER OFFICEIN HONG KONG 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617th Floor, Hopewell Centre183 Queen’s Road East, Wan ChaiHong Kong REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1–1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG Rooms 2501–2509, 25/FShui On Centre6–8 Harbour Road, WanchaiHong Kong 6-8252501-2509 WEBSITE www.acesogrouphk.com www.acesogrouphk.com DIRECTOR’S STATEMENT The board (the “Board”) of directors (the “Directors”) of Aceso Life Science GroupLimited (the “Company”) is pleased to present the shareholders of the Company(the “Shareholders”) the annual results of the Company and its subsidiaries (the“Group”) for the year ended 31 March 2023 (the “Year”). "" After three years, the world has finally recovered from the pandemic and movedtowards the “post-pandemic era”. However, the global economy still faced manychallenges, including the ongoing Russian-Ukraine war, geopolitical tensions,high global inflation and interest rate, which also had a certain impact on globaleconomic activities. Among this complicated external environment, the Grouphas adopted a sound financial policy, and actively explored new developmentopportunities. We expected the Year 2023 market conditions to be similar to last year. Althoughthe global and local economic and business environment is still affected by theuncertainties, the Group will continue to create value for shareholders and seizeopportunities, continue to optimize its business portfolio, and get ready for newinvestment opportunities. In terms of the existing construction machinery business, due to the relativelystable undertaking of government infrastructure projects, the Group managed torecord an increase in the (i) sales of construction machinery and spare parts, and(ii) rental income generated from construction machinery during the Year. Theoccupancy rate for the rental machineries was approximately 90%. (i)(ii)90% For the financial services business, we shall continue our business expansionwith a cautious and positive attitude. The Group is confident in the prospects ofthe financial markets in Hong Kong and the Mainland China, and would like toincrease its presence in the financial markets by either organic growth or workingwith reputable partners. 55 Mark Lane For our investment property in the United Kingdom (the “UK”), 55 Mark Lane, therental income is steady through the Year. The Group does not foresee significantfluctuation in rental income in Year 2023. Finally, on behalf of the Board, I would like to express my sincere gratitudeto all the Shareholders for their full support, and appreciate the directors, themanagement and the staff for their valuable contributions to the Group, whichshall strive to streamline its existing businesses and to explore new businessopportu