信铭生命科技中期报告 2024/25

Contents 2Corporate Information4Management Discussion and Analysis29Disclosure of Interests32Corporate Governance34Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income36383941 Condensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements CORPORATE INFORMATION EXECUTIVE DIRECTORS Dr. Zhiliang Ou,J.P. (Australia)Mr. Fok Chi Tak INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Chan Ming Sun JonathanMr. Lam Kwan SingMr. Mak Yiu Tong AUDIT COMMITTEE Mr. Chan Ming Sun Jonathan(Chairman of Committee)Mr. Lam Kwan SingMr. Mak Yiu Tong EXECUTIVE COMMITTEE Dr. Zhiliang Ou,J.P. (Australia)Mr. Fok Chi Tak REMUNERATION COMMITTEE Mr. Chan Ming Sun Jonathan(Chairman of Committee)Dr. Zhiliang Ou,J.P. (Australia)Mr. Lam Kwan Sing NOMINATION COMMITTEE Mr. Mak Yiu Tong(Chairman of Committee)Dr. Zhiliang Ou,J.P. (Australia)Mr. Chan Ming Sun JonathanMr. Lam Kwan Sing AUTHORISED REPRESENTATIVES Mr. Fok Chi TakDr. Zhiliang Ou,J.P. (Australia) COMPANY SECRETARY Mr. Siu Chun Pong Raymond LEGAL ADVISER Raymond Siu & Lawyers CORPORATE INFORMATION AUDITOR Moore CPA Limited PRINCIPAL BANKERS Shanghai Commercial Bank LimitedThe Hongkong and Shanghai Banking Corporation LimitedNanyang Commercial Bank, Ltd.Bank of China (Hong Kong) LimitedThe Bank of East Asia Limited PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN CAYMAN ISLANDS Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia CourtCamana BayGrand Cayman, KY1–1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617th Floor, Hopewell Centre183 Queen’s Road East,Wan Chai Hong Kong REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1–1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG 6-8252501-2509 Rooms 2501–2509,25/F Shui On Centre6–8 Harbour Road, WanchaiHong Kong STOCK CODE 474 474 WEBSITE www.acesogrouphk.com www.acesogrouphk.com The above information is updated to the date of this interim report. MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW Impact of Geopolitical Tensions, Military Occupation and HighInflation Rate 2024 was another challenging year. The global economy was still affected by theRussia-Ukraine War, heightened geopolitical tension, military occupation, highglobal inflation and interest rate. The global and Hong Kong economy remainedvulnerable as economic recovery was uneven in different sectors. The Groupremained resilient and focused on its existing businesses. (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) During the Period, the Group continued to pursue a long-term business strategyof diversifying into financial services business, property leasing, propertydevelopment business, and construction machinery business. The Group’sprincipal activities include: (i) securities investment; (ii) provision of securitiesbrokerage and other financial services; (iii) asset management; (iv) rental andtrading of construction machinery; (v) provision of repair and maintenance andtransportation service; (vi) property development; (vii) property leasing; and (viii)money lending. Construction machinery business The Group offers crawler cranes of different sizes, other mobile cranes, aerialplatforms and foundation equipment in its construction machinery rentalfleet. The Group procures these construction machinery mainly through themanufacturers of construction machinery located in Western Europe, Japan andChina as well as traders of used construction machinery around the world. 177 The Group has maintained approximately 177 units of construction machineryin the rental fleet during the Period. In order to maintain a modern fleet ofconstruction machinery with a greater variety of models, the Group has beenreplacing portions of its fleet of construction machinery from time to time. TheBoard will continue to monitor the daily operations and review the expansion planof the rental fleet and the capital requirements of the Group regularly. The Groupmay reschedule such expansion plan according to the operation and needs, thepreference of the target customers and prevailing market conditions if necessary.To satisfy customers’ needs, the Group also sells spare parts for maintenancepurposes or upon request. Financial services business 149 The Group provides an extensive range of financial services. The Group holdslicenses for conducting Type 1 (dealing in securities), Type 4 (advising onsecurities) and Type 9 (asset management) regulated activities under theSecurities and Futures Ordinance (the “SFO”). MANAGE