汇聚科技2023年度报告

(Incorporated in the Cayman Islands with limited liability)()Stock Code: 1729 ANNUAL REPORT CONTENTS 2 3 Corporate Information 4 5 Chairman’s Statement 9 27 Biographical Details of The Directors andSenior Management Directors’ Report 43 59 Independent Auditors’ Report 94 95 96 98 160 GROUP PROFILE 30 Time Interconnect Technology Limited (the “Company”, together withits subsidiaries, the “Group”) is a well-established supplier of customisedinterconnect solutions with over 30 years’ experience in the industry. TheGroup is headquartered in Hong Kong, and has manufacturing facilities inShanghai, Suzhou and Huizhou, the People’s Republic of China (“PRC”). The Group currently manufactures and supplies a wide variety of copper& optical fiber cable assemblies, digital cable products and serverswhich are produced to the specifications and designs of its individualcustomer partners. Its products are used by a number of establishedPRC and international customers in a variety of market sectors, includingtelecommunication, data centre, industrial equipment, medical equipment,automotive wire harness and digital cables. Its business features on customised cable products for a variety ofspecifications which are used in a wide range of applications. The Groupsupplies cable products on a Contract Manufacturing Services (CMS) basis,and its cable products are made-to-order, upon receipt of its customers’orders. (CMS) VISION To be a leading provider of electronic interconnect products, continuallyrecognised as a “Preferred Supplier” capable of delivering world classquality, products and services – EACH and EVERY TIME. STRATEGY To become a Tier-1 supplier of cable products and high performanceinterconnect products to the market leaders in the 5G telecommunication,data communication, healthcare, transport and industrial sectors. 5G CORPORATE INFORMATION BOARD OF DIRECTORSExecutive Directors:Mr. Cua Tin Yin Simon (Chief Executive Officer)Mr. Wong Chi KuenNon-executive Director:Ms. Wang Laichun (Chairman)Independent non-executive Directors:Mr. Ho Hin ShunMr. Luk Wai ShingMr. Chan Chung Shun Eric BOARD COMMITTEESAudit CommitteeMr. Chan Chung Shun Eric (Chairman)Mr. Ho Hin ShunMr. Luk Wai ShingRemuneration CommitteeMr. Ho Hin Shun (Chairman)Mr. Wong Chi KuenMr. Luk Wai ShingMr. Chan Chung Shun EricNomination CommitteeMr. Luk Wai Shing (Chairman)Mr. Wong Chi KuenMr. Ho Hin ShunMr. Chan Chung Shun Eric COMPANY SECRETARYMs. Ng Hoi Ying AUTHORISED REPRESENTATIVESMr. Wong Chi KuenMs. Ng Hoi Ying 18826 COMPLIANCE ADVISERFrontpage Capital Limited26/F, Siu On Centre, 188 Lockhart Road, Wan Chai, Hong Kong • AUDITORDeloitte Touche Tohmatsu Certified Public AccountantsRegistered Public Interest Entity Auditors35/F, One Pacific Place, 88 Queensway, Hong Kong 8835 30414101-04 LEGAL ADVISORS AS TO HONG KONG LAWSCFN Lawyers in association with Broad and BrightUnits 4101-04, 41/F Sun Hung Kai Centre, 30 Harbour Road, Wan Chai, Hong Kong REGISTERED OFFICE IN THE CAYMAN ISLANDSWindward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108, Cayman Islands Windward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108, Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN HONG KONGUnits 213-221, 2/F, Building 5E, 5 Science Park East AvenueHong Kong Science Park, Shatin, Hong Kong 55E2213-221 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108, Cayman Islands PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN CAYMAN ISLANDSOcorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108, Cayman Islands 1617 BRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONGTricor Investor Services Limited17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong PRINCIPAL BANKSBank of China (Hong Kong) Limited Hang Seng Bank LimitedThe Hongkong and Shanghai Banking Corporation LimitedChina CITIC Bank International LimitedUnited Overseas Bank LimitedFubon Bank (Hong Kong) LimitedAustralia and New Zealand Banking Group LimitedOCBC Bank (Hong Kong) LimitedBank of Communications Co., Ltd.China Construction Bank CorporationAgricultural Bank of China LimitedBank of China LimitedChina Merchants Bank Co., Ltd.Industrial and Commercial Bank of China LimitedNanyang Commercial Bank (China) Limited COMPANY’S WEBSITEwww.time-interconnect.com www.time-interconnect.com STOCK CODE1729 1729 FINANCIAL HIGHLIGHTS CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the board (the “Board”) of directors of the Company (the“Directors”), I am pleased to present to you the annual report of TIMEInterconnect Technology Limited (and together with its subsidiaries) for theyear ended 31 March 2023 (the “Review Year” or “FY2023”). Duringthe Review Year, the novel coronavirus (COVID-19) pandemic had a certainimpact on the flow of people and economic activities, and the continuousvariant virus further challenged the stability of the global supply cha