信铭生命科技中期报告 2023/24

Contents 2Corporate Information4Management Discussion and Analysis27Disclosure of Interests30Corporate Governance32Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income34363739 Condensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements 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 AUTHORISED REPRESENTATIVES Mr. Fok Chi TakDr. Zhiliang Ou,J.P. (Australia) COMPANY SECRETARY Mr. Siu Chun Pong Raymond LEGAL ADVISER Raymond Siu & Lawyers CORPORATE INFORMATION 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 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617th Floor, Hopewell Centre183 Queen’s Road East,Wan Chai Hong 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 STOCK CODE 474 474 WEBSITE www.acesogrouphk.com www.acesogrouphk.com MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW Impact of Geopolitical Tensions, Military Occupation and HighInflation Rate 2023 was another challenging year under the Post COVID Era together withgeopolitical tensions, military occupation high inflation rate, and other upheavalsthat were rarely encountered in recent history. The Hong Kong economy hasremained vulnerable as economic recovery was uneven in different sectors, andglobal economy recover remains uncertain. The Group remained resilient andfocused on its existing businesses. (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) During the Period, the Group continued to pursue a long-term business strategyof diversifying into financial services business, property leasing, propertydevelopment business, and construction machinery business. The Group’sprincipal activities include: (i) securities investment; (ii) provision of securitiesbrokerage and financial services; (iii) asset management; (iv) rental andtrading of construction machinery; (v) provision of repair and maintenance andtransportation service; (vi) property development; (vii) property leasing; and (viii)money lending. Construction machinery business 170 The Group offers crawler cranes of different sizes, other mobile cranes, aerialplatforms and foundation equipment in its construction machinery rentalfleet. The Group procures these construction machinery mainly through themanufacturers of construction machinery located in Western Europe, Japan andChina as well as traders of used construction machinery around the world. TheGroup has maintained approximately 170 units of construction machinery in therental fleet during the Period. In order to maintain a modern fleet of constructionmachinery with a greater variety of models, the Group has been replacingportions of its fleet of construction machinery from time to time. The Boardwill continue to monitor the daily operations and review the expansion plan ofthe rental fleet and the capital requirements of the Group regularly. The Groupmay reschedule such expansion plan according to the operation and needs, thepreference of the target customers and prevailing market conditions if necessary.To satisfy customers’ needs, the Group also sells spare parts for maintenancepurposes or upon request. Financial services business The Group holds licenses for conducting Type 1 (dealing in securities), Type4 (advising on securities) and Type 9 (asset management) regulated activitiesunder the Securities and Futures Ordinance (the “SFO”) and provides a widerange of financial s