华鼎控股2024 年报

Annual Report 2024 FINANCIAL HIGHLIGHTS Corporate Information China Ting Group Holdings Limited Annual Report 2024 35 Executive Directors Mr. TING Man Yi (Chairman)Mr. TING Hung Yi (Chief Executive Officer)3, 5Mr. DING JianerMr. CHEUNG Ting Yin, Peter 23 614 51 Independent Non-executive Directors Mr. CHENG Chi Pang (retired on 31 July 2024)Mr. WONG Chi Keung2, 3, 6Mr. LEUNG Man Kit1, 4, 5Ms. LI Yuet Mui, Xera1 Notes: 1.2.3.4.5.6. 1.Member of Audit Committee2.Chairman of Audit Committee3.Member of Nomination Committee4.Chairman of Nomination Committee5.Member of Remuneration Committee6.Chairman of Remuneration Committee CPA, FCCA Company Secretary and Qualified AccountantMr. CHENG Ho Lung, RaymondCPA, FCCA CPA, FCCA Authorised RepresentativesMr. TING Hung YiMr. CHENG Ho Lung, RaymondCPA, FCCA 5527 Principal Place of Business in Hong Kong27th Floor, King Palace Plaza55 King Yip StreetKwun Tong, KowloonHong Kong Cricket Square, Hutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Registered OfficeCricket Square, Hutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands www.chinating.com.hk Company Websitewww.chinating.com.hk Principal BankersNanyang Commercial Bank LimitedThe Hongkong and Shanghai Banking Corporation Limited Corporate Information 華 鼎 集 團 控 股 有 限 公 司二 零 二四年 年 報 Auditor BDO LimitedCertified Public Accountants and Registered PIE Auditor Principal Share Registrar Royal Bank of Canada Trust Company (Cayman) Limited4th Floor, Royal Bank House24 Shedden Road, George TownGrand Cayman KY1-1110Cayman Islands Royal Bank of Canada Trust Company (Cayman) Limited4th Floor, Royal Bank House24 Shedden Road, George TownGrand Cayman KY1-1110Cayman Islands 183171712–1716 Hong Kong Branch Share Registrar Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong 2025 Annual General Meeting27 May 2025 — Closure of Register of MembersFor the Annual General Meeting—From 22 May 2025 to 27 May 2025 (both days inclusive) Chairman’s Statement Onbehalf of the board of directors of China Ting Group HoldingsLimited, I hereby present to you the operational report of the Companyand its subsidiaries for the year 2024. In 2024, the global economic landscape continued to evolve, with theroad to recovery full of twists and turns. Trade protectionism resurfacedintermittently,geopolitical tensions persisted,and international marketsremainedvolatile.However,China has demonstrated strong economicresilienceamid the complex international environment by proactivelyoptimizing its domestic economic structure. As a traditional industry, thegarmentindustry had experienced sustained pressure during suchoptimization process. 14 Duringthe year,the Group upheld the tenacious corporate spirit toactively respond to various challenges, and continuously explore the pathofinnovation.China’s economy is heading towards a new journey ofhigh-quality development, and the clothing needs of 1.4 billion Chinesepeopleare constantly upgrading with a growing pursuit of quality,personality and cultural connotation, which provides a broad space forour domestic business expansion. We continued to explore the domesticmarket in greater depth, and further consolidated our leading position inthedomestic market by means of optimizing brand matrix,improvingproduct quality and strengthening digital marketing, thereby achieving awin-win situation in terms of both brand and market. Inthe international market,we closely monitored the global fashiontrends and the changes in market demands. By continuously enhancingourproduct design and innovation capabilities,we have gainedinternationalrecognition and acclaim by virtue of more competitiveproducts and services. We recognize that the garment industry in Chinastill has a strong global influence, and we have the responsibility andcapability to showcase the charm and strength of Chinese garments onthe international stage, thereby contributing to the advancement of theglobal garment industry. During the year, we also faced various difficulties and challenges. Theincreasinglyfierce market competition,frequent fluctuations in rawmaterial prices, and rising labor costs had brought certain pressure to ourproduction and operation. We believe that, with the joint efforts of allshareholders, partners and employees, the Group will be able to remaininvincible in market competition and make greater achievements in thefuture. Last but not least, I would like to express my sincere gratitude toall shareholders for your trust and support, to our partners for advancingalongside us, and to all employees for your dedication and hard work. Letus forge ahead into a future of greater prosperity! TING MAN YIChairman Hong Kong31 March 2025 MANAGEMENT DISCUSSIONAND ANALYSIS Management Discussion and Analysis China Ting Group Holdings Limited Annual Report 2024 (1) (1)Business Review In 2024, with the modest reco