威讯控股二零二四年年报

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)() Contents 75Independent Auditor’s Report83Consolidated Statement of Profit or Loss84Consolidated Statement of Comprehensive Income85Consolidated Statement of Financial Position87Consolidated Statement of Changes in Equity91Consolidated Statement of Cash Flows93Notes to the Consolidated Financial Statements220Principal Properties 8Financial Summary 14Management Discussion and Analysis 26Biographical Details of Directors 32Corporate Governance Report 52Report of the Directors CORPORATE PROFILE AND CORPORATE INFORMATION InvesTech Holdings Limited(the “Company”, “our” or “we”, togetherwith all its subsidiaries, the “Group”)is mainly engaged in theprovision of network system integration including provision ofnetwork infrastructure solutions, network professional services andsmart office software solutions, and the network equipment rentalbusiness. The shares of the Company(the “Shares”)were listed onthe Main Board of The Stock Exchange of Hong Kong Limited(the“Stock Exchange”)on 16 November 2010. BOARD OF DIRECTORS Executive Directors Mr. Chan Sek Keung, Ringo(Chairman and Chief Executive Officer(“CEO”))Ms. Tin Yat Yu, Carol(Vice-chairman)Ms. Wang Fang(Vice CEO)Mr. Lu Chengye(resigned on 31 May 2024) Non-executive Directors Mr. Wong Tsu Wai, DerekMs. Chung, Elizabeth Ching Yee(resigned on 31 May 2024) Independent Non-executive Directors Mr. David TsoiMr. Hon Ming SangMr. Yuen Shiu Wai AUDIT COMMITTEE Mr. David Tsoi(Chairman)Mr. Hon Ming SangMr. Yuen Shiu Wai COMPENSATION AND BENEFITS COMMITTEE Mr. Hon Ming Sang(Chairman)Mr. David TsoiMr. Yuen Shiu Wai NOMINATION COMMITTEE Mr. Hon Ming Sang(Chairman)Mr. David TsoiMr. Yuen Shiu Wai INVESTMENT COMMITTEE Mr. Chan Sek Keung, Ringo(Chairman)Ms. Tin Yat Yu, CarolMr. Hon Ming SangMr. Yuen Shiu Wai COMPANY SECRETARYMr. Chow Kit Ting AUTHORISED REPRESENTATIVESMr. Chan Sek Keung, RingoMr. Chow Kit Ting Canon’s Court, 22 Victoria StreetHamilton, HM 12, Bermuda REGISTERED OFFICECanon’s Court, 22 Victoria StreetHamilton, HM 12, Bermuda HEADQUARTER 1E2191907–1909 Room 1907–1909, 19/F.Tower E2, Oriental PlazaNo. 1 East Chang An AvenueDong Cheng District, BeijingThe People’s Republic of China(“PRC”) PRINCIPAL PLACE OF BUSINESS IN HONG KONG 7121802–03 Room 02-03, 18/FAIA Financial Centre712 Prince Edward Road EastSan Po KongKowloonHong Kong CORPORATE PROFILE AND CORPORATE INFORMATION PRINCIPAL BANKS Bank of China(Hong Kong)LimitedChina Merchants BankHang Seng Bank LimitedIndustrial and Commercial Bank of ChinaIndustrial Bank Co., LtdChina Guangfa Bank Co., Ltd AUDITORBDO Limited SHARE REGISTRARHong Kong Branch Share Registrar and Transfer OfficeComputershare Hong Kong Investor Services Limited LISTING EXCHANGE INFORMATION Place of ListingMain Board, The Stock Exchange 1087 STOCK CODE1087 www.investech-holdings.com COMPANY WEBSITEwww.investech-holdings.com CHAIRMAN'SSTATEMENT主 席 報 告 CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the board(the “Board”)of directors(the “Directors”)ofthe Company(the “Company” and together with its subsidiaries, the“Group”), I hereby present the annual report of the Company for theyear ended 31 December 2024(the “Year”). BUSINESS AND MARKET OVERVIEW The global economy and business environment in 2024 faced amyriad of complex and severe challenges. During the Year, thefinancial performance of the Group’s IT infrastructure systemintegration business and sales of smart office software solutions,especially in China, was adversely affected by the intensecompetition amongst the Mainland China’s market and continueduncertainty across the global market. The overall economic landscape has been characterised by anotable downturn, prompting enterprises to adopt more conservativeinvestment behaviors, particularly the multinational corporationshave slowed down their investments in China. As a result, thedemand from our Group’s customers in Mainland China has declinedleading to a reduction in sales orders in the region. This has causedan overall decrease in the Group’s total sales and resulted inunsatisfactory financial performance for the Year. Despite these challenges, the Group continued to leverage its corecompetencies, delivering advanced and customised IT infrastructuresolutions to customers across various sectors. We also maintainedstrategic partnerships with several technology leaders to expandsales network and enhance the Group’s competitive advantage tobetter respond to market challenges and uncertainty. AI The worldwide information technology market is experiencing aslight rebound in the second half of the Year, driven by advancementsin Artificial intelligence(AI)technologies. This shift presentsboth challenges and opportunities for us. In the ongoing effort tostrengthen the competitiveness of our software solutions, the Grouphas incorporated AI across our products’ features and applicationsto enable further i