昊天国际建投年报 2023/24

(Stock Code 股份代號:1341)(Incorporated in the Cayman Islands with limited liability)（於開曼群島註冊成立的有限公司） Contents 2Corporate Information5Director’s Statement6Management Discussion and Analysis26Biographical Details of Directors and Senior Management32Corporate Governance Report48Report of the Directors66Independent Auditor’s Report72Consolidated Statement of Profit or Loss and OtherComprehensive Income 74Consolidated Statement of Financial Position77Consolidated Statement of Changes in Equity79Consolidated Statement of Cash Flows82Notes to the Consolidated Financial Statements196Financial Summary CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Fok Chi TakMr. Tang Yiu Chi JamesDr. Zhiliang Ou,J.P.(Australia) Non-executive Directors Mr. Xu LinMr. Wei Bin (resigned on 1 April 2023) Independent Non-executive Directors Mr. Mak Yiu TongMr. Li Chi Keung EliotMr. Shek Lai Him AbrahamMr. Chan Ming Sun Jonathan AUDIT COMMITTEE Mr. Chan Ming Sun Jonathan(Chairman)Mr. Mak Yiu TongMr. Li Chi Keung EliotMr. Shek Lai Him Abraham REMUNERATION COMMITTEE Mr. Mak Yiu Tong(Chairman)Dr. Zhiliang Ou,J.P.(Australia)Mr. Xu LinMr. Li Chi Keung EliotMr. Chan Ming Sun Jonathan NOMINATION COMMITTEE Mr. Mak Yiu Tong(Chairman)Mr. Fok Chi TakMr. Wei Bin (resigned on 1 April 2023)Mr. Li Chi Keung EliotMr. Chan Ming Sun Jonathan CORPORATE INFORMATION CHIEF EXECUTIVE OFFICER Mr. Fok Chi Tak COMPANY SECRETARY Mr. Siu Chun Pong Raymond AUTHORISED REPRESENTATIVES Mr. Fok Chi TakMr. Siu Chun Pong Raymond AUDITOR ZHONGHUI ANDA CPA LimitedCertified Public Accountants(resigned on 27 March 2024)Moore CPA Limited(appointed on 27 March 2024) LEGAL ADVISER Raymond Siu & Lawyers PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716,17th Floor, Hopewell Centre183 Queen’s Road EastWan Chai, Hong Kong PRINCIPAL BANKERS Shanghai Commercial Bank LimitedThe Hongkong and Shanghai Banking Corporation LimitedBank of China (Hong Kong) LimitedNanyang Commercial Bank, LimitedThe Bank of East Asia Limited CORPORATE INFORMATION REGISTERED OFFICE Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands PRINCIPAL PLACE OF BUSINESS Rooms 2510–2518, 25/FShui On Centre6–8 Harbour Road, WanchaiHong Kong 6–8252510–2518 STOCK CODE 1341 1341 www.haotianint.com.hk WEBSITE www.haotianint.com.hk DIRECTOR’S STATEMENT The board (the “Board”) of directors (the “Directors”) of Hao Tian InternationalConstruction Investment Group Limited (the “Company”) is pleased to presentthe shareholders of the Company (the “Shareholders”) the annual results of theCompany and its subsidiaries (the “Group”) for the year ended 31 March 2024(the “Year”). During the Year, economies have gone through challenges both globally andin Hong Kong due to geopolitical tensions, military occupation, supply chaindisruptions, high interest and inflation rate, and other upheavals that wererarely encountered in recent decades, the macroeconomic environment wasnot optimistic. In view of the complicated external environment, the Grouphas adopted a sound financial policy, and actively explored new developmentopportunities. (i)(ii)–85% For the construction machinery business, the Group recorded a decrease in the(i) sales of construction machinery and spare parts which was mainly attributableto the decrease in demand of brand new cranes manufactured in Japan, and(ii) rental income generated from construction machinery which was mainlyattributable to some major construction sites (e.g. Hong Kong InternationalAirport 3rdrunway and Tseung Kwan O – Lam Tin Tunnel) having beencompleted. The occupancy rate for the rental machineries was approximately85%. For the financial services business, we shall continue our business expansionwith a cautious and positive attitude. The Group is confident in the prospects ofthe financial markets in Hong Kong and the Mainland China, and would like toincrease its presence in the financial markets by either organic growth or workingwith reputable partners. Finally, on behalf of the Board, I would like to express my sincere gratitudeto all the Shareholders for their full support, and appreciate the Directors, themanagement and the staff for their valuable contributions to the Group. TheGroup shall strive to streamline its existing businesses and to explore newbusiness opportunities in order to create returns for its shareholders. Mr. Fok Chi TakExecutive Director Hong Kong, 26 June 2024 MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW Over the past few years, we have seen a period of i