龙辉国际控股2023 年报

(Incorporated in the Cayman Islands with limited liability)Stock Code01007 ANNUAL REPORT2023 Contents目 錄 98Independent Auditors’ Report102Consolidated Statement of Profit or Loss andOther Comprehensive Income104Consolidated Statement of Financial Position106Consolidated Statement of Changes in Equity107Consolidated Statement of Cash Flows109Notes to the Consolidated Financial Statements212Financial Summary 2Corporate Information4Chairman’s Statement6Management Discussion and Analysis20Biographical Details of Directors and SeniorManagement26Report of the Directors41Corporate Governance Report69Environment, Social and Governance Report Corporate Information公 司 資 料 BOARD OF DIRECTORS Executive Directors Mr. Hung Shui Chak(Chairman)Mr. So Kam ChuenMr. Yuan Mingjie Independent Non-executive Directors Mr. Tam Bing Chung BensonMr. Cheung Ting PongMr. Shum Kei Yiu Daniel AUDIT COMMITTEE Mr. Cheung Ting Pong(Chairman)Mr. Tam Bing Chung BensonMr. Shum Kei Yiu Daniel REMUNERATION COMMITTEE Mr. Tam Bing Chung Benson(Chairman)Mr. Cheung Ting PongMr. Shum Kei Yiu Daniel NOMINATION COMMITTEE Mr. Cheung Ting Pong(Chairman)Mr. Hung Shui ChakMr. Shum Kei Yiu Daniel COMPANY SECRETARY Mr. Wong Wing Kit AUTHORISED REPRESENTATIVES 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 1526 6/F., Queen’s Road Centre152 Queen’s Road CentralCentral, Hong Kong PRINCIPAL BANKERS The Bank of East Asia, LimitedChina CITIC Bank International Limited AUDITORS 2829 RSM Hong KongCertified Public Accountants andRegistered Public Interest Entity Auditor29th Floor, Lee Garden Two28 Yun Ping RoadCauseway BayHong Kong SHARE REGISTRARS Cayman Islands Principal Share Registrar andTransfer Office Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Hong Kong Branch Share Registrar and Transfer Office 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong STOCK CODE 1007 1007 COMPANY WEBSITE www.cre8ir.com/longhui/ www.cre8ir.com/longhui/ Chairman’s Statement主 席 報 告 Dear Shareholders, On behalf of the board (the “Board”) of directors (the “Directors”)of Longhui International Holdings Limited (the “Company”) (togetherwithits subsidiaries,the“Group”),I hereby present to you theannual results for the year ended 31 December 2023. BUSINESS REVIEW 72,300,00013.8%82,300,00014,400,00062,300,00014.377.2 We are principally engaged in the hotpot restaurant business in thePeople’sRepublic of China(the“PRC”).The Group’s revenueincreasedby approximately 13.8%from approximately RMB72.3million in 2022 to approximately RMB82.3 million in 2023. Loss fortheyear attributable to owners of the Company for 2023 wasapproximatelyRMB14.4 million(2022:approximately RMB62.3million). Basic loss per share for 2023 was approximately RMB14.3cents (2022: approximately RMB77.2 cents). COVID-193912 The decrease in loss for the year ended 31 December 2023 wasmainlyattributable to the increase in customer flow and theimprovedoperating performance as a result of the lifting of thenovel coronavirus (the “COVID-19”) pandemic control measures andtheclosure of 3 underperformed restaurants.The number ofrestaurants dropped to 9 during the year ended 31 December 2023(2022: 12). (i)(ii) TheBoard would like to assure the potential investors and theshareholders of the Company (the “Shareholders”) that the Boardis committed to (i) supervising the management of the Group and tomaintainsound and effective internal controls to safeguard theShareholders’investment and the Group’s assets;and(ii)continuously and proactively strengthening the corporate governanceof the Company to establish a solid foundation for the operationand future growth in order to maximise the value of the Companyand hence the return to the Shareholders. Chairman’s Statement主 席 報 告 APPRECIATION Finally, on behalf of the Board, I would like to take this opportunityto express my sincere appreciation to our staff for their dedicationand commitment as well as to our valued Shareholders, customers,suppliersand other business partners for their support andencouragement to the Group in the past years. Hung Shui ChakChairmanHong Kong, 28 March 2024 Management Discussion and Analysis管 理 層 討 論及分 析 BUSINESS REVIEW The Group is principally engaged in the hotpot restaurant business inthe PRC with the brands of Faigo (“”) and Xiao Faigo Hotpot(“”). The target customers of the restaurants operatingunder the brand of Faigo (“”) are mainly high-income groupwhile those under the brand of Xiao Faigo Hotpot (“”)are mainly middle-income group. TheGroup specializes in seafood