龙升集团控股2024/25 年度报告

2024/25年報•龍 昇 集 團 控 股 有 限 公 司2–3Corporate Information4Corporate Profile5–6Chairman’s Statement7–20Management Discussion and Analysis21–27Biographical Details of the Directors andSenior Management28–45Corporate Governance Report46–60Environmental, Social and Governance Report61–71Directors’ Report72–80Independent Auditor’s Report81Consolidated Statement of Profit or Loss82Consolidated Statement of ComprehensiveIncome83–84Consolidated Statement of Financial Position85Consolidated Statement of Changes in Equity86–87Consolidated Statement of Cash Flows88–171Notes to the Consolidated Financial Statements172Summary of Financial Information DRAGONRISEGROUPHOLDINGSLIMITED•2024/25 ANNUAL REPORTCORPORATE INFORMATION公司資料BOARD OF DIRECTORSExecutive DirectorsMr. Yip Yuk Kit(Chairman) (Chief Executive Officer)Mr. Cheung Chun FaiIndependent Non-executive DirectorsMr. Lee Kwok LunMr. Chan Wa ShingMs. Ding Xin (appointed on 12 December 2024)Mr. Chan Ka Yu (resigned on 31 December 2024)AUDIT COMMITTEEMr. Lee Kwok Lun(Chairman)Mr. Chan Wa ShingMs. Ding Xin (appointed on 31 December 2024)Mr. Chan Ka Yu (resigned on 31 December 2024)REMUNERATION COMMITTEEMr. Chan Wa Shing(Chairman)(re-designated as Chairman on 31 December 2024)Mr. Yip Yuk KitMs. Ding Xin (appointed on 31 December 2024)Mr. Chan Ka Yu (resigned on 31 December 2024)NOMINATION COMMITTEEMr. Yip Yuk Kit(Chairman)Mr. Lee Kwok LunMs. Ding Xin (appointed on 31 December 2024)Mr. Chan Ka Yu (resigned on 31 December 2024)COMPANY SECRETARYMr. Leung Hoi KiAUTHORISED REPRESENTATIVESMr. Cheung Chun FaiMr. Leung Hoi KiREGISTERED OFFICEWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman IslandsHEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONGUnit 09, 28/F, North TowerConcordia Plaza1 Science Museum RoadTsim Sha TsuiKowloonHong Kong Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands128 09 2024/25年報•ZM Lawyers88–988820Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands148212103B2811www.kitkee.com.hk6829 LEGAL ADVISERAs to Hong Kong LawZM LawyersSolicitors, Hong Kong20/F, Central 88Nos. 88–98 Des Voeux Road CentralCentralHong KongCAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICEOcorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman IslandsHONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICEBoardroom Share Registrars (HK) Limited2103B, 21/F148 Electric RoadNorth PointHong KongAUDITORGrant Thornton Hong Kong Limited11/F, Lee Garden Two28 Yun Ping RoadCauseway BayHong KongPRINCIPAL BANKSThe Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedCOMPANY’S WEBSITEwww.kitkee.com.hkSTOCK CODE6829 龍 昇 集 團 控 股 有 限 公 司 CORPORATE PROFILE企業簡介DRAGONRISEGROUPHOLDINGSLIMITED•2024/25 ANNUAL REPORTCORPORATE PROFILEDragon Rise Group Holdings Limited (“Dragon Rise”)is acomprehensive enterprise group serving Hong Kong’s constructionand infrastructure sector, built on a foundation of operationalexcellence since 1977. With decades of experience, the Groupspecialises in foundation works for both public and private sectordevelopments across the city.In recent years, Dragon Rise has embarked on a strategictransformation, evolving from its roots in construction into adiversified platform spanning new construction material trading,next-generation energy solutions. The Group remains firmlycommitted to supporting Hong Kong’s transition toward a moresustainable and intelligent urban future.At the heart of this transformation is its pioneering battery-swappingbusiness for commercial electric vehicles (EVs). By deliveringfast, scalable energy solutions that overcome the limitations ofconventional EV charging, Dragon Rise is helping reshape HongKong’s green mobility landscape. With strong industry partnershipsin place, the Group is laying the groundwork for a cleaner, smartertransportation network.Powered by decades of operational expertise and guided by aforward-looking vision, Dragon Rise Group is poised to play a vitalrole in the next chapter of Hong Kong’s construction and energyevolution. CHAIRMAN’S STATEMENT主席報告2024/25年報•龍 昇 集 團 控 股 有 限 公 司2.5%26.93%17.2%1,314.1945.938.9%48.339.522.3%On behalf of the board (the “Board”) of directors (the “Directors”)of Dragon Rise Group Holdings Limited (the “Company”) and itssubsidiaries (collectively, the “Group”), I am pleased to present theannual report of the Group for the year ended 31 March 2025 (theIn the past year, the global economy has begun to stabilise, albeitwith modest growth. While a global recession was avoided,momentum remained subdued compared to pre-pandemic levels.Geopolitical uncertainties also continued to cast a shadow overglobal markets. As an international financial centre in the Asia-Pacific region, Hong Kong remains sensitive to these dynamics whileretaining distinct local characteristics. In 2024, its real GDP grew2.5%, showing a relatively stable performance amon