万励达2023-2024年度报告

(Incorporated in the Cayman Islands with limited liability)()Stock Code8482 2023-2024Annual Report CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE “STOCKEXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companies towhich a higher investment risk may be attached than other companies listed on the Stock Exchange.Prospective investors should be aware of the potential risks of investing in such companies andshould make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a riskthat securities traded on GEM may be more susceptible to high market volatility than securities tradedon the Main Board and no assurance is given that there will be a liquid market in the securities tradedon GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contentsof this report, make no representation as to its accuracy or completeness and expressly disclaim any liabilitywhatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of thisreport. This report, for which the directors of Wan Leader International Limited (the “Company”) collectively andindividually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listingof Securities on the GEM of the Stock Exchange (the “GEM Listing Rules”) for the purpose of giving informationwith regard to the Company and its subsidiaries (together, the “Group”). The directors of the Company (the“Directors”), having made all reasonable enquiries, confirm that, to the best of their knowledge and belief (i)the information contained in this report is accurate and complete in all material respects and not misleading ordeceptive; and (ii) there are no other matters the omission of which would make any statement herein or thisreport misleading. GEM GEM GEMGEMGEM GEMGEM(i)(ii) CONTENTS Corporate Information2-4Chairman’s Statement5Management Discussion and Analysis6-20Directors’ and Senior Management’s Biographies21-28Corporate Governance Report29-58Directors’ Report59-74Independent Auditor’s Report75-81Consolidated Statement of Profit or Lossand Other Comprehensive Income82-83Consolidated Statement of Financial Position84-85Consolidated Statement of Changes in Equity86-87Consolidated Statement of Cash Flows88-89Notes to the Consolidated Financial Statements90-188Five Year Financial Summary189-190Glossary191-192 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Loy Hak Yu Thomas(Chairman)Mr. Zhang PangfeiMs. Wu YushanMr. Yan XimaoMs. Qu Tianyun (re-designated on 1 December 2023) Independent Non-executive Directors Mr. Ho Yuk Ming HugoMr. Chow Chi WingMr. Liao DongqiangMr. Zhang Quanhui (resigned on 8 June 2023)Ms. Qu Tianyun (appointed on 8 June 2023 and re-designatedas an executive Director on 1 December 2023) CHIEF EXECUTIVE OFFICER Mr. Liao Daichun GEM AUTHORISED REPRESENTATIVES(for the purpose of the GEM Listing Rules) Mr. Zhang PangfeiMr. Wong Kok Hon COMPANY SECRETARY Mr. Wong Kok Hon COMPLIANCE OFFICER Mr. Zhang Pangfei Corporate Information (Continued) BOARD COMMITTEES Audit Committee Mr. Ho Yuk Ming Hugo(Chairman)Mr. Chow Chi WingMr. Liao Dongqiang Remuneration Committee Mr. Liao Dongqiang(Chairman)Mr. Ho Yuk Ming HugoMr. Chow Chi Wing Nomination Committee Mr. Loy Hak Yu Thomas(Chairman)Mr. Chow Chi WingMr. Liao DongqiangMr. Zhang Quanhui (resigned on 8 June 2023)Ms. Qu Tianyun (effective on 8 June 2023and ceased to act on 1 December 2023) AUDITOR JH CPA Alliance LimitedCertified Public Accountants LEGAL ADVISERS as to Hong Kong LawsKhoo & Co. Corporate Information (Continued) PRINCIPAL BANKERS Hang Seng Bank LimitedIndustrial and Commercial Bank of China (Asia) Limited REGISTERED OFFICE Third Floor,Century Yard,Cricket Square,P.O. Box 902,Grand Cayman, KY1-1103,Cayman Islands Third Floor,Century Yard,Cricket Square,P.O. Box 902,Grand Cayman, KY1-1103,Cayman Islands HEADQUARTER AND PRINCIPALPLACE OF BUSINESS IN HONG KONG Office Tower Unit 903,Hutchison Logistics Centre, Terminal 4,Kwai Chung Container Port,18 Container Port Road South,Kwai Chung, New Territories, Hong Kong 18903 PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Tricor Services (Cayman Islands) LimitedThird Floor,Century Yard,Cricket Square,P.O. Box 902,Grand Cayman, KY1-1103,Cayman Islands Tricor Services (Cayman Islands) LimitedThird Floor,Century Yard,Cricket Square,P.O. Box 902,Grand Cayman, KY1-1103,Cayman Islands HONG KONG BRANCH SHAREREGISTRAR AND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road, Hong Kong COMPANY’S WEBSITE www.wanleader.com www.wanleader.com STOCK CODE 8482 8482 CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the Board of Directors (the “Board”), I hereby presentthe annual report