顺腾国际控股年报 2023/2024

Contents 2Corporate Information4Financial Highlights6Information for Investors7Chairman’s Statement9Management Discussion and Analysis21Biographical Details of Directors and Senior Management27Report of the Directors48Corporate Governance Report78Environmental, Social and Governance Report122Independent Auditor’s Report128Consolidated Statement of Profit or Loss andOther Comprehensive Income130Consolidated Statement of Financial Position132Consolidated Statement of Changes in Equity133Consolidated Statement of Cash Flows136Notes to the Consolidated Financial Statements247Particulars of Properties248Financial Summary CORPORATE INFORMATION BOARD OF DIRECTORSExecutive Directors Mr. Cheung Siu Fai(Chairman)(Ms. So Tsz Kwan as his alternate for the period from 14 September 2023to 14 October 2023)Mr. Lam Wai Tong(former Chief Executive Officer)(resigned with effect from 20 January 2024) CPA Non-executive Director Ms. So Tsz KwanCPA(appointed with effect from 25 September 2023) CPA (Australia)CPA Independent Non-executive DirectorsMr. Leung Winson Kwan YauCPA (Australia)Mr. Liu Ying ShunCPAMs. Dong Jian Mei CHIEF EXECUTIVE OFFICER Mr. Yeung Wai Lok Raymond(appointed with effect from 20 January 2024) FCPA (Practising), ACA, FCG, HKFCG COMPANY SECRETARYMs. Chan Yuk ChiFCPA (Practising), ACA, FCG, HKFCG AUTHORISED REPRESENTATIVES Ms. Chan Yuk ChiMs. So Tsz Kwan(appointed with effect from 20 January 2024)Mr. Lam Wai Tong(resigned with effect from 20 January 2024) BOARD COMMITTEES Audit CommitteeMr. Leung Winson Kwan Yau(Chairman)Mr. Liu Ying ShunMs. Dong Jian Mei Nomination Committee Mr. Liu Ying Shun(Chairman)Mr. Leung Winson Kwan YauMs. Dong Jian Mei Remuneration Committee Mr. Liu Ying Shun(Chairman)Mr. Leung Winson Kwan YauMs. Dong Jian Mei INDEPENDENT AUDITORMoore CPA Limited (formerly known as Moore Stephens CPA Limited) Certified Public AccountantsPublic Interest Entity Auditorsregistered in accordance withthe Accounting andFinancial Reporting Council Ordinance LEGAL ADVISORPatrick Chu, Conti Wong Lawyers LLP PRINCIPAL BANKERS Bank of Communications (Hong Kong) LimitedDBS Bank (Hong Kong) LimitedBank of China (Hong Kong) Limited THE CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100, Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100, Cayman Islands REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681, Grand CaymanKY1-1111, Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681, Grand CaymanKY1-1111, Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Unit D, 7/F, KC100100 Kwai Cheong RoadKwai ChungNew TerritoriesHong Kong 100KC100 7D 1617 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER AGENT Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong STOCK CODE932 932 COMPANY’S WEBSITE www.shunten.com.hk www.shunten.com.hk(the contents of which do not form part of this report) The Adjusted Net Profit is arrived at by deducting the non-recurring items including thegovernment subsidies and gain on disposal of equity instruments at fair value throughprofit or loss and unrealised item relating to the fair value change of investment properties.The management of the Group considers that these adjusted items are not related to ourdaily operations and does not track such adjusted items as key operating or financialmetrics internally when reviewing our performance. Therefore, by eliminating the impactsofsuch items in the calculation of Adjusted Net Profit,it could better reflect ourunderlying operating performance and could better facilitate the comparison of operatingperformance from year to year. The Adjusted Net Profit is not the measures of performance under Hong Kong FinancialReporting Standards (“HKFRSs”). These measures do not represent, and should not be usedas substitutes for, net profit or cash flows from operations as determined in accordancewith HKFRSs. These measures are not necessarily an indication of whether cash flow willbe sufficient to fund our cash requirements. In addition, our definitions of these measuresmay not be comparable to other similarly titled measures used by other companies. 4,000 Board lot size 4,000 shares As at the last trading day of the financial year ended 31 March 2024: •3,107,893,440•180,257,820•0.058 •Shares outstanding3,107,893,440shares•Market capitalisationHK$180,257,820•Closing share priceHK$0.058 KEY DATES •430•• •Latest time for lodging transfer documents forregistration in order to qualify for attendingand voting at 2024 annual general meeting4:30 pm, 27 August 2024•Closure of register of membersfor 2024 annual general meeting28 August 2024–2 September 2024•2024 annual general meeting2 September 2024 INVESTOR RELATIONS CONTACT 100KC100 7D(85