蓝河控股2025 年报

Based in Hong Kong, Blue River Holdings Limitedis principally engaged in, among others, gasdistribution, logistics and energy-related businessesin the People’s Republic of China, as well as propertyinvestment, securities trading and investment, andprovision of financing related services. Blue River Holdings Limited藍 河 控 股有 限 公 司 以 香 港 為 基 地，主 要（其 中 包括）於 中 華 人 民 共 和 國 從 事 燃 氣 配 送、物 流 和 能 源 相 關 業 務，以 及 物 業 投 資、證 券 交 易 和 投 資，並 提 供 融 資 相 關 服務。 Corporate InformationChairman’s StatementBusiness ReviewProfile of Board of DirectorsCorporate Governance ReportEnvironmental, Social and Governance ReportDirectors’ ReportIndependent Auditor’s ReportConsolidated Income StatementConsolidated Statement of Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFinancial Summary公司資料主席報告書業務審視董事局簡介企業管治報告環境、社會及管治報告董事局報告書獨立核數師報告書綜合收益表綜合全面收益表綜合財務狀況表綜合權益變動表綜合現金流量表綜合財務報表附註財務概要目錄Contents 268293575110131139141142144147150304 2Blue River Holdings Limited2025 Annual ReportCORPORATE INFORMATIONBOARD OF DIRECTORSExecutive DirectorsKwong Kai Sing, Benny(Chairman and Managing Director)Au Wai JuneIndependent Non-Executive DirectorsWilliam Nicholas Giles(resigned with effect from 17 January 2025)Yu Chung LeungLam John Cheung-wahLiu Jianyi(appointed with effect from 27 December 2024)BOARD COMMITTEESAudit CommitteeWilliam Nicholas Giles(resigned as a member with effect from17 January 2025)Yu Chung Leung(Chairman)Lam John Cheung-wahLiu Jianyi(appointed as a member with effect from17 January 2025)Remuneration CommitteeAu Wai JuneWilliam Nicholas Giles(resigned as a member with effect from17 January 2025)Yu Chung LeungLam John Cheung-wah(Chairman)Liu Jianyi(appointed as a member with effect from17 January 2025)Nomination CommitteeAu Wai JuneWilliam Nicholas Giles(resigned as a member with effect from17 January 2025)Yu Chung LeungLam John Cheung-wah(Chairman)Liu Jianyi(appointed as a member with effect from17 January 2025) 董事局執行董事鄺啟成（主席兼總裁）柯偉俊獨立非執行董事William Nicholas Giles（自2025年1月17日起辭任）余仲良藍章華劉簡怡（自2024年12月27日起獲委任）董事局委員會審核委員會William Nicholas Giles（自2025年1月17日起辭任成員）余仲良（主席）藍章華劉簡怡（自2025年1月17日起獲委任為成員）薪酬委員會柯偉俊William Nicholas Giles（自2025年1月17日起辭任成員）余仲良藍章華（主席）劉簡怡（自2025年1月17日起獲委任為成員）提名委員會柯偉俊William Nicholas Giles（自2025年1月17日起辭任成員）余仲良藍章華（主席）劉簡怡（自2025年1月17日起獲委任為成員） 藍 河 控 股 有 限 公 司2025年報企業管治及法規委員會柯偉俊William Nicholas Giles（主席）（自2025年1月17日起辭任主席）余仲良藍章華劉簡怡（主席）（自2025年1月17日起獲委任為主席）何詩雅股份回購委員會柯偉俊William Nicholas Giles（主席）（自2025年1月17日起辭任主席）劉簡怡（主席）（自2025年1月17日起獲委任為主席）公司秘書何詩雅授權代表鄺啟成何詩雅陳狄強（替任鄺啟成及何詩雅）（自2024年9月30日起辭任）核數師國富浩華（香港）會計師事務所有限公司執業會計師註冊公眾利益實體核數師 Corporate Governance and ComplianceCommitteeAu Wai JuneWilliam Nicholas Giles(Chairman)(resigned as Chairman with effect from17 January 2025)Yu Chung LeungLam John Cheung-wahLiu Jianyi(Chairman)(appointed as Chairman with effect from17 January 2025)Ho Sze Nga, MaggieShare Repurchase CommitteeAu Wai JuneWilliam Nicholas Giles(Chairman)(resigned as Chairman with effect from17 January 2025)Liu Jianyi(Chairman)(appointed as Chairman with effect from17 January 2025)COMPANY SECRETARYHo Sze Nga, MaggieAUTHORISED REPRESENTATIVESKwong Kai Sing, BennyHo Sze Nga, MaggieChan Dik Keung, William(Alternate to Kwong Kai Sing, Benny andHo Sze Nga, Maggie)(resigned with effect from 30 September 2024)AUDITORCrowe (HK) CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditors 4Blue River Holdings Limited2025 Annual ReportCORPORATE INFORMATIONPRINCIPAL BANKERSBank of China (Hong Kong) LimitedThe Hongkong and Shanghai Banking CorporationLimitedLEGAL ADVISERSEric Yung & Co.Conyers Dill & Pearman(Bermuda)FINANCIAL ADVISERAkron Corporate Finance LimitedREGISTERED OFFICEClarendon House2 Church StreetHamilton HM 11BermudaPRINCIPAL PLACE OF BUSINESS31st FloorChina United Centre28 Marble RoadNorth PointHong KongTel: +852 3198 0469Fax: +852 2372 0641 主要往來銀行中國銀行（香港）有限公司香港上海滙豐銀行有限公司法律顧問翁震寰律師事務所康德明律師事務所（百慕達）財務顧問亞貝隆資本有限公司註冊辦事處Clarendon House2 Church StreetHamilton HM 11Bermuda主要營業地點香港北角馬寶道28號華匯中心31樓電話：+852 3198 0469傳真：+852 2372 0641 藍 河 控 股 有 限 公 司2025年報股份過戶登記總處Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM11Bermuda（於2024年12月31日獲委任並生效）股份過戶登記分處卓佳證券登記有限公司香港夏愨道16號遠東金融中心17樓網址www.blueriverholdings.com.hk股份代號香港聯交所 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICEConyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM11Bermuda(appointed with effect on 31 December 2024)BRANCH SHARE REGISTRAR ANDTRANSFER OFFICETricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong KongWEBSITEwww.blueriverholdings.com.hkSTOCK CODEHong Kong Stock Exchange498 498 6Blue River Holdings Limited2025 Annual ReportCHAIRMAN’S STATEMENTDear Shareholders,On behalf of the board (the “Board”) of directors (the“Directors”) of Blue River Holdings Limited (the “Company”,together with its subsidiaries, the “Group”), we wouldlike to present t