珩湾科技2023年报

Stock Code: 1523 Annual Report2023 Contents目錄 2Corporate Information4Chairman’s Statement8Financial Summary10Management Discussion and Analysis22Corporate Governance Report38Profile of Directors and Senior Management42Report of the Directors53Environmental, Social and Governance Report71Independent Auditor’s Report78Consolidated Statement of Profit or Loss andOther Comprehensive Income79Consolidated Statement of Financial Position81Consolidated Statement of Changes in Equity82Consolidated Statement of Cash Flows84Notes to Financial Statements176Five Year Financial Summary Corporate Information公司資料 董 事會執行 董 事 BOARD OF DIRECTORS Executive Directors Mr. Chan Wing Hong Alex(Chairman)Mr. Chau Kit WaiMr. Chong Ming PuiMr. Yeung Yu 獨立非 執行 董 事 Independent Non-Executive Directors Dr. Yu Kin TimMr. Ho Chi LamMr. Wan Sze Chung 審 核 委 員會 AUDIT COMMITTEE Mr. Wan Sze Chung(Chairman)Dr. Yu Kin TimMr. Ho Chi Lam 提 名委 員會 NOMINATION COMMITTEE Mr. Chan Wing Hong Alex(Chairman)Dr. Yu Kin TimMr. Wan Sze Chung 薪 酬 委 員會 REMUNERATION COMMITTEE Mr. Chan Wing Hong Alex(Chairman)Dr. Yu Kin TimMr. Wan Sze Chung 風 險 管 理 委 員會 RISK MANAGEMENT COMMITTEE Mr. Chan Wing Hong Alex(Chairman)Mr. Chau Kit WaiMr. Yeung Yu 公司 秘 書 COMPANY SECRETARYMs. Wang Yu 註 冊 辦 事處 REGISTERED OFFICE Third FloorCentury YardCricket SquareP.O. Box 902Grand CaymanKY1-1103Cayman Islands Third FloorCentury YardCricket SquareP.O. Box 902Grand CaymanKY1-1103Cayman Islands 香 港 總部及 主 要營業 地 點 HEADQUARTERS AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 935B Unit B, 5/F, Dragon Industrial Building93 King Lam StreetLai Chi KokKowloonHong Kong 核 數 師 AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor 開曼群島股份 過 戶登 記 總 處 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMANISLANDS Tricor Services (Cayman Islands) LimitedThird FloorCentury YardCricket SquareP.O. Box 902Grand CaymanKY1-1103Cayman Islands Tricor Services (Cayman Islands) LimitedThird FloorCentury YardCricket SquareP.O. Box 902Grand CaymanKY1-1103Cayman Islands 主 要 銀 行 PRINCIPAL BANKS The Hongkong and Shanghai Banking Corporation LimitedThe Bank of East Asia, Limited 香 港股份 過 戶登 記分處 HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 愨1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 股份 代 號1523 STOCK CODE1523 網站www.ploverbay.com WEBSITEwww.ploverbay.com Chairman’s Statement主席報告 致 各 位 股 東 及伙伴， Dear shareholders and partners, (SuperchargedConnectivity)2023— This is our first year of “Supercharged Connectivity”, a tagline weadopted in the beginning of 2023 to capture the essence of what wedo — creating solutions that enable customers to build much morereliable and faster networks. In many parts of the world, connectivity remains a challenge toacquire and set up, and often comes with speed, reliability andstability problems. More often than not, rather than technologicallimitations, these so-called last-mile problems are simply caused bylack of economic incentives, rent-seeking behaviors, or bureaucraticinefficiencies. Theseissues underscore the need for easy ways to improveconnectivity across all businesses and industries, which is what“Supercharged Connectivity” offers. 更 多 連 線 選 項有 利 於 業 務 More connectivity options is good for business 5G(Starlink)(LEO)(FWA) Some years ago, we were asked if 5G or Starlink might replace ourbusiness. In fact, we continue to grow and thrive as connectivityoptions have proliferated in the past few years, expanding fromtraditional broadband and mobile to low-earth orbit (LEO) satelliteservices, fixed wireless access (FWA), private networks and more. No single service provider can provide flawless reliability, perfectlatency and full network coverage in every market. Different carriersand different types of internet services have their own strengths andweaknesses. One of the key reasons customers purchase our productsis that they can combine their choices of connectivity to make theirnetwork more stable and faster. Therefore, our business thrives whenmore connectivity choices are available. 5GSpeedFusion Our proprietary technology, SpeedFusion, takes the unique strengthsof each connection, whether it’s the low-latency of 5G, the broadcoverage of Starlink, or the stability of wired connections, andcombines them to create a “supercharged” connection that is superiorto any single source. This flexibility has helped our partners around the world to reachinto many exciting projects and deployments. SpeedFusion已經18歲了 SpeedFusion is 18 years old SpeedFusion18 SpeedFusion has been developed for more than 18 years. It is mature,but not stagnant. Over time, we have made it more reliable, moreresponsive, and capable of supporting any carrier and more kinds ofinternet services. SpeedFusion We have also built a full ecosystem around SpeedFusion. We haverouters in all kinds of form factors supporting different networkinterfaces. Many of those are specifi