客思控股2023/24年年报

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE“STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higherinvestment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should beaware of the potential risks of investing in such companies and should make the decision to invest only after due andcareful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securitiestraded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the StockExchange and no assurance is given that there will be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this annualreport, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for anyloss howsoever arising from or in reliance upon the whole or any part of the contents of this annual report. This annual report, for which the directors (the “Directors” and each the “Director”) of Hephaestus Holdings Limited(the “Company”, together with its subsidiaries, the “Group”) collectively and individually accept full responsibility,includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange(the “GEM Listing Rules”) for the purpose of giving information with regard to the Company. The Directors, havingmade all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in thisannual report is accurate and complete in all material respects and not misleading or deceptive, and there are no othermatters the omission of which would make any statement herein or this annual report misleading. GEM GEM GEMGEMGEM GEMGEM CONTENTS Corporate Information2Chairman’s Statement5Management Discussion and Analysis6Corporate Governance Report12Environmental, Social and Governance Report44Biographies of Directors and Senior Management91Directors’ Report94Independent Auditor’s Report111Consolidated Statement of Profit or Loss andOther Comprehensive Income121Consolidated Statement of Financial Position122Consolidated Statement of Changes In Equity124Consolidated Statement of Cash Flows125Notes to the Consolidated Financial Statements127Financial Summary236 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Huang Liang(Chairman and Chief Executive Officer)Ms. Yip Hiu YingMs. Lou Yi (resigned on 24 May 2023) Independent non-executive Directors Mr. Tang Chin TingMr. Lee Man ChunMs. Tong Yuk Ying Yannie COMPLIANCE OFFICER Mr. Huang Liang COMPANY SECRETARY Ms. Cheng Pui Ling (appointed on 31 July 2023)Ms. Chan Yuen Mui (resigned on 31 July 2023) AUTHORISED REPRESENTATIVES Ms. Yip Hiu Ying (appointed on 24 May 2023)Ms. Cheng Pui Ling (appointed on 31 July 2023)Ms. Lou Yi (resigned on 24 May 2023)Ms. Chan Yuen Mui (resigned on 31 July 2023) AUDIT COMMITTEE Mr. Tang Chin Ting(Chairman)Mr. Lee Man ChunMs. Tong Yuk Ying Yannie NOMINATION COMMITTEE Mr. Lee Man Chun(Chairman)Mr. Tang Chin TingMs. Tong Yuk Ying Yannie REMUNERATION COMMITTEE Ms. Tong Yuk Ying Yannie(Chairlady)Mr. Tang Chin TingMr. Lee Man Chun CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman, KY1–1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman, KY1–1111Cayman Islands HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 3382333301–04 Union Registrars LimitedSuites 3301–04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth PointHong Kong REGISTERED OFFICE Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1–1111Cayman Islands Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1–1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Room 1602, 16/FPark Commercial Centre180 Tung Lo Wan RoadCauseway BayHong Kong 180161602 CORPORATE INFORMATION AUDITOR 122-12414 LIF & Wong CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditors14/F., Harbour Commercial Building122–124 Connaught Road CentralHong Kong PRINCIPAL BANKERS Bank of Communications (Hong Kong) LimitedChina CITIC Bank International Limited www.hephaestus.com.hk WEBSITE www.hephaestus.com.hk 8173 STOCK CODE8173 Dear Shareholders, On behalf of the board of directors (the “Board”) of theCompany, I am pleased to present the annual report of theGroup for the year ended 31 March 2024 (the “Year”). 201928.035.521.2%5.53.18.6 Despite the COVID-19 pandemic has come to an end,the Group has faced significant challenges amidst theimpact and the ongoing economic downturn. As aresult, the Group recorded revenue of approximatelyHK$28.0