互太纺织2023/2024年年报

2 0 2 3 / 2 4 ANNUAL REPORT年報 CONTENT目錄 Corporate Information公司資料2Chairman’s Statement主席報告書4Management Discussion and Analysis管理層討論與分析6Profiles of Directors and Senior Management董事及高級管理人員簡介17Directors’Report董事局報告23Corporate Governance Report企業管治報告41Independent Auditor’s Report獨立核數師報告59 Financial Information財務資料 Consolidated Statement of Profit or Loss64Consolidated Statement of Comprehensive Income65Consolidated Balance Sheet66Consolidated Statement of Changes in Equity68Consolidated Statement of Cash Flows69Notes to the Consolidated Financial Statements70 Financial Summary財務概要172Schedule of Group’s Properties本集團物業一覽表173Glossary專用詞彙175 CORPORATE INFORMATION公司資料 BOARD OF DIRECTORS Executive Directors Mr. Masaru OKUTOMI(Chairman and Chief Executive Officer)Mr. TOU Kit Vai(Chief Financial Officer and Company Secretary)Mr. Kyuichi FUKUMOTO 202361 Non-executive DirectorMr. LAU Yiu Tong(retired with effect from 1 June 2023) Independent Non-executive Directors Dr. CHAN Yue Kwong, MichaelMr. NG Ching WahMr. SZE Kwok Wing, NigelMs. LING Chi Wo Teresa AUDIT COMMITTEE Mr. SZE Kwok Wing, Nigel(Chairman)Dr. CHAN Yue Kwong, MichaelMr. NG Ching WahMs. LING Chi Wo Teresa REMUNERATION COMMITTEE Dr. CHAN Yue Kwong, Michael(Chairman)Mr. NG Ching WahMr. SZE Kwok Wing, NigelMs. LING Chi Wo TeresaMr. Masaru OKUTOMIMr. Kyuichi FUKUMOTO NOMINATION COMMITTEE Mr. NG Ching Wah(Chairman)Dr. CHAN Yue Kwong, MichaelMr. SZE Kwok Wing, NigelMs. LING Chi Wo TeresaMr. Masaru OKUTOMIMr. TOU Kit Vai COMPANY SECRETARYMr. TOU Kit Vai PRINCIPAL BANKERS UFJ The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedBank of China LimitedBNP Paribas, Hong Kong BranchMUFG Bank, Ltd.Standard Chartered Bank (Hong Kong) LimitedDBS Bank (Hong Kong) LimitedSumitomo Mitsui Banking Corporation, Hong Kong Branch AUDITOR PricewaterhouseCoopersCertified Public Accountants and Registered Public Interest Entity Auditor P.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands REGISTERED OFFICE P.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 48–56B8B1 Unit B1, 7/F., Block B, Eastern Sea Industrial Building48–56 Tai Lin Pai Road, Kwai ChungNew Territories, Hong Kong PRINCIPAL PLACE OF BUSINESS IN THE PRC Liu Chong Tong Xin CountyWan Qing Sha TownNansha, Guangzhou CityGuangdong Province, PRC PRINCIPAL PLACE OF BUSINESS IN VIETNAM Lai Vu Industrial Zone, Lai Vu CommuneKim Thanh DistrictHai Duong ProvinceVietnam Lai Vu Industrial Zone, Lai Vu CommuneKim Thanh DistrictHai Duong ProvinceVietnam Lot K1, Rang Dong Textile Industrial ParkRang Dong TownNghia Hung DistrictNam Dinh ProvinceVietnam Lot K1, Rang Dong Textile Industrial ParkRang Dong TownNghia Hung DistrictNam Dinh ProvinceVietnam PRINCIPAL SHARE REGISTRAR Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100, Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100, Cayman Islands HONG KONG BRANCH SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17/F., Hopewell Centre183 Queen’s Road EastWanchai, Hong Kong 01382 HONG KONG STOCK EXCHANGE STOCK CODE01382 www.pacific-textiles.com COMPANY WEBSITEwww.pacific-textiles.com CHAIRMAN’S STATEMENT主席報告書 Dear Shareholders 2024 On behalf of the Board, I hereby present the Group’s consolidated financial results forthe 2024 Financial Year and give an overview of the Group’s strategy and businessoutlook. FINANCIAL AND BUSINESS REVIEW 2023 Last financial year, the Company’s business performance was affected by the shrinkin demand and the furious competition in the textile industry. Confronted with fullof obstacles and challenges, the management were resilient in coping with thedifficulties. As we left behind 2023, a year full of turbulence, business is starting to riseas economies and market sentiment have been improved. BUSINESS OUTLOOK Persistently sharpening our competitive edge is one of the Company’s priorities. Wewill continue to strengthen and advance the Group’s research and development(“R&D”) capability. We will allocate more marketing resources to cultivate domesticbusiness and to explore non-clothing textiles to be used in automobiles and others.We believe that these measures will boost the Company’s adaptability in the changingbusiness environment and contribute to stabilize the operation, particularly of thePanyu Factory. Given the Company’s objective “to provide comfort and joy through unique textiles”,we would always keep ourselves innovative and never compromise on the qualityof our products and services. Our R&D function will work towards to offering morevariety of high quality fabrics to satisfy customers’ need. The Group’s investments in digital transformation have resulted in improvedorganizational trans