悟喜生活2024年报

ANNUAL REPORT2024 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED(THE “STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higherinvestment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should beaware of the potential risks of investing in such companies and should make the decision to invest only after due andcareful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities tradedon GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance isgiven that there will be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report,makes no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any losshowsoever arising from or in reliance upon the whole or any part of the contents of this report This report, for which the directors (the “Directors”) of Wuxi Life International Holdings Group Limited (the “Company”)collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governingthe Listing of Securities on GEM of The Stock Exchange (the “GEM Listing Rules”) for the purpose of giving informationwith regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of theirknowledge and belief: (1) the information contained in this report is accurate and complete in all material respectsand not misleading or deceptive; (2) there are no other matters the omission of which would make any statementherein or this report misleading; and (3) all opinions expressed in this report have been arrived at after due and carefulconsideration and are found on bases and assumptions that are fair and reasonable. GEM GEM GEMGEMGEM GEMGEM(1)(2)(3) CONTENTS Corporate information3 Management discussion and analysis5 Corporate governance report15 Biographies of Directors40 Report of the Directors45 Independent auditor’s report57 Consolidated statement of profit or loss66 Consolidated statement of profit or loss andother comprehensive income68 Consolidated statement of financial position69 Consolidated statement of changes in equity71 Consolidated statement of cash flows72 Notes to the consolidated financial statements75 Five-years financial summary192 CORPORATE INFORMATION DIRECTORS Executive DirectorsMr. Liu Guanzhou (Chairman)Ms. Liu XingmeiMr. Choi Pun Lap Non-executive DirectorsMs. Li Hui LingMs. Guan Xiuying Independent Non-executive Directors Ms. Lam Yuen Man MariaMr. Fu Yan MingMr. Xia Qiankun COMPANY SECRETARYMr. Leung Tze Wai AUDIT COMMITTEEMr. Fu Yan Ming (Chairman)Ms. Lam Yuen Man MariaMr. Xia Qiankun REMUNERATION COMMITTEE Mr. Xia Qiankun (Chairman)Ms. Lam Yuen Man MariaMr. Fu Yan Ming NOMINATION COMMITTEE Mr. Liu Guanzhou (Chairman)Ms. Lam Yuen Man MariaMr. Xia Qiankun AUTHORISED REPRESENTATIVES Mr. Choi Pun LapMr. Leung Tze Wai CORPORATE INFORMATION REGISTERED OFFICE Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 183484801 Room 4801, 48/F,Hopewell Centre,No. 183 Queen’s Road East,Wanchai, Hong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong AUDITORFan, Chan & Co. Limited PRINCIPAL BANKBank of China (Hong Kong) Limited 8148 STOCK CODE8148 www.wuxilife.com.hk COMPANY WEBSITEwww.wuxilife.com.hk MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL REVIEW Revenue 57,313,00024,493,00032,820,000134% For the year ended 31 December 2024 (the “Year”), the Grouprecorded a total revenue of approximately HK$57,313,000, representingan increase of approximately HK$32,820,000 or 134% as comparedwith that of approximately HK$24,493,000 in 2023. The revenue of theGroup was derived from continuing operations as follow: –D e v e l o p i n ga n d m a r k e t i n g o f t h e p a t e n t e d s e r v e r b a s e dtechnology and the provision of communications softwareplatform and software related services (the “Software PlatformBusiness”); –P ro v i s i o no f c o m b i n a t i o n o f p ro m o t i o n a n d s u p p l y c h a i nmanagement services which aim to provide a fast and costeffective channel to link up merchants, platforms and end us