天臣控股2024年报

Stock Code: 1201(Incorporated in Bermuda with limited liability)Stock Code: 1201 Corporate InformationFinancial SummaryChairman’s StatementManagement Discussion and AnalysisBiographical Details of Directors and SeniorManagementDirectors’ ReportCorporate Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial Statements2457111538535860626365 CONTENTS CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Wei Mingren(Chairman)(appointed on 20 October 2024)Mr. Wei Qingwen (appointed on 20 October 2024)Mr. Chan WeiMs. Yu XiaoleiMr. Tin Kong(resigned on 20 October 2024)Ms. Cheng Hung Mui (resigned on 20 October 2024)Ms. Liu Liu (resigned on 20 October 2024)Mr. Yan Haiting (appointed on 20 October 2024 andresigned on 1 March 2025)Mr. Xu Qian (appointed on 10 January 2025 andresigned on 1 March 2025) INDEPENDENT NON-EXECUTIVEDIRECTORS Dr. Ng Ka WingMr. See Tak WahMr. Wang Jinlin AUDIT COMMITTEE Mr. See Tak Wah(Chairman)Dr. Ng Ka WingMr. Wang Jinlin REMUNERATION COMMITTEE Dr. Ng Ka Wing(Chairman)Mr. Wei Mingren (appointed on 20 October 2024)Mr. See Tak WahMr. Wang JinlinMr. Tin Kong (resigned on 20 October 2024) NOMINATION COMMITTEE Mr. Wei Mingren(Chairman)(appointed on 20 October 2024)Dr. Ng Ka WingMr. See Tak WahMr. Wang JinlinMr. Tin Kong (resigned on 20 October 2024) INTERNAL CONTROL COMMITTEE Mr. Wei Mingren(Chairman)(appointed on 20 October 2024)Dr. Ng Ka WingMr. See Tak WahMr. Wang JinlinMr. Tin Kong (resigned on 20 October 2024) AUTHORISED REPRESENTATIVES Mr. Wei Mingren (appointed on 20 October 2024)Mr. Chan WeiMr. Tin Kong (ceased to act on 20 October 2024) COMPANY SECRETARYMr. Chan Wei 2Tesson Holdings LimitedAnnual Report 2024 CORPORATE INFORMATION PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN BERMUDA Conyers Corporate Services (Bermuda) LimitedClarendon House, 2 Church StreetPO Box HM 1022Hamilton HM DX, Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House, 2 Church StreetPO Box HM 1022Hamilton HM DX, Bermuda BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE IN HONG KONG 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17/F, Hopewell Centre183 Queen’s Road EastWanchai, Hong Kong REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS Room 401A, Empire Centre68 Mody RoadTsim Sha TsuiKowloonHong Kong 68401A PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedChina CITIC Bank International Limited AUDITOR ZHONGHUI ANDA CPA Limited23/F, Tower 2, Enterprise Square Five38 Wang Chiu Road, Kowloon BayKowloonHong Kong 3852 23 www.tessonholdings.com WEBSITEwww.tessonholdings.com FINANCIAL SUMMARY A summary of the results, assets and liabilities of the Group for the last fivefinancial years, as extracted from the published audited consolidated financialstatements and restated/reclassified as appropriate, is set out below: ASSETS AND LIABILITIESNon-current assetsCurrent assetsCurrent liabilitiesNon-current liabilities CHAIRMAN’S STATEMENT On behalf of the board (the “Board”) of directors (the “Directors”), I herebypresent the operational results of Tesson Holdings Limited (the “Company”)together with its subsidiaries (the “Group”) for the year ended 31 December2024 to the shareholders of the Company (the “Shareholders”). Reflecting on the past year, we acknowledge the trials in the lithium-ion motivebattery industry. Despite a competitive environment marked by price wars andfluctuating market demand, we remain optimistic about our future and theresilience of our company. While our financial performance this year has fallen short of expectations,it is crucial to acknowledge the broader business environment in which weoperate. The market for lithium-ion motive batteries, particularly for electrictwo-wheeled vehicles, small household appliances, and electric tools, isexperiencing rapid evolution, our commitment to quality and innovationremains steadfast. To position ourselves for future success, we are stepping up our investmentin research and development. Our focus is on boosting battery efficiency,reducing costs, and enhancing safety features will help us maintain acompetitive edge. We believe that by prioritising innovation and productquality, we can differentiate our products in a crowded marketplace. Currently, demand for electric two-wheeled vehicles is on the rise, particularlyas consumers increasingly prioritise sustainable transportation options.Additionally, the growing market for portable electric tools and smarthousehold appliances presents significant opportunities. We are strategicallyaligning our product offerings to capture these emerging trends and meet theevolving needs of our customers. On top of s