资本界金控(新)年报 2025

2025Annual Report CONTENTS Corporate Information Financial Highlights Management Discussion and Analysis7 Biographical Details of Directors and Senior Management11 Report of the Directors16 Environmental, Social and Governance Report39 Corporate Governance Report63 Independent Auditor’s Report Consolidated Statement of Profit or Loss and Other Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Consolidated Financial Statements Five Years Financial Summary CORPORATE INFORMATION BOARD OF DIRECTORS Executive DirectorsMr. Chan Cheong YeeMr. Chan Yiu Pun Clement Non-executive Directors Mr. Han Zhenghai(Joint Chairman and resigned on 12 December 2024)Mr. Deng Dongping(Joint Chairman and appointed as Chairmanon 12 December 2024)Mr. Zhu Zhikun(Deputy Chairman)Mr. Ge Zhifu(Deputy Chairman)Mr. Lyu Ping(deceased on 13 October 2024)Ms. Mo Xiuping Independent Non-executive DirectorsMs. Mo Li(resigned on 19 December 2024)Mr. Shi ZhuMs. Chen ShunqingMr. Ding Jiasheng AUDIT COMMITTEE Ms. Chen Shunqing (Chairlady)Ms. Mo Li(resigned on 19 December 2024)Mr. Shi ZhuMr. Ding Jiasheng(appointed on 19 December 2024) CORPORATE INFORMATION REMUNERATION COMMITTEE Ms. Mo Li(Chairlady) (resigned on 19 December 2024) Mr. Han Zhenghai(resigned on 12 December 2024)Mr. Shi ZhuMs. Chen ShunqingMr. Deng Dongping(appointed on 12 December 2024) Mr. Ding Jiasheng(Chairman) (appointed on 19 December 2024) NOMINATION COMMITTEE Mr. Han Zhenghai(Chairman) (resigned on 12 December 2024) Ms. Mo Li(resigned on 19 December 2024)Mr. Shi ZhuMs. Chen ShunqingMr. Deng Dongping(Chairman) (appointed on 12 December 2024) Mr. Ding Jiasheng(appointed on 19 December 2024) RISK MANAGEMENT COMMITTEE Mr. Chan Cheong Yee(Chairman)Ms. Mo Li(resigned on 19 December 2024)Mr. Shi ZhuMs. Chen ShunqingMr. Ding Jiasheng(appointed on 19 December 2024) CORPORATE INFORMATION COMPANY SECRETARYMr. Wong Shiu Wah Williamson AUTHORISED REPRESENTATIVES Mr. Han Zhenghai(resigned on 4 December 2024)Ms. Chen ShunqingMr. Wong Shiu Wah Williamson(appointed on 4 December 2024) PRINCIPAL BANKERSBank of China (Hong Kong) Limited AUDITORFan, Chan & Co. LimitedCertified Public Accountants Conyers Dill & Pearman LEGAL ADVISERBermuda LawConyers Dill & Pearman PRINCIPAL SHARE REGISTRARAppleby Global Corporate Services (Bermuda) Limited Appleby Global Corporate Services (Bermuda)LimitedCanon’s Court, 22 Victoria Street,PO Box HM 1179, Hamilton HMEXBermuda Canon’s Court, 22 Victoria Street,PO Box HM 1179, Hamilton HMEXBermuda BRANCH SHARE REGISTRAR AND TRANSFEROFFICE 3382333301–04 Union Registrars LimitedSuites 3301–04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth Point, Hong Kong CORPORATE INFORMATION REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM11Bermuda Clarendon House2 Church StreetHamilton HM11Bermuda PRINCIPAL PLACE OF BUSINESSUnit 1701, 17/F.,Wai Fung Plaza,664 Nathan Road,Mongkok,Kowloon,Hong Kong 664171701 www.00204.com.hk WEBSITEwww.00204.com.hk 204 STOCK CODE204 FINANCIAL HIGHLIGHTS For the year ended 31 March 2025 0.2530.437262,348,000378,125,0001,037,728,000864,788,000 Net asset value per share is HK$0.253 as at 31 March 2025 (2024:HK$0.437) which is calculated by dividing the net assets included inthe consolidated statement of financial position of approximatelyHK$262,348,000 (2024: HK$378,125,000) and the number of ordinaryshares in issue as at 31 March 2025, being 1,037,728,000 (2024:864,788,000). MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL RESULTS 155,800,00028,727,000127,073,000442.35%(i)(ii)0.2530.437 The Group’s revenue for the year ended 31 March 2025 was nil(2024: nil), which remained unchanged when compared with thatof last year. The Group incurred a loss for the year attributableto owners of the Company amounting to approximatelyHK$155,800,000 which increased by approximately HK$127,073,000or 442.35% when compared with the loss of approximatelyHK$28,727,000 incurred in last year. The increased in the loss for theyear was mainly attributable to the increase in (i) impairment lossesunder the expected credit loss model, net of reversal and (ii) netlosses on financial assets at fair value through profit or loss duringthe year under review. The net asset value per share of the Groupas at 31 March 2025 amounted to HK$0.253 (2024: HK$0.437). TheBoard has decided not to declare a final dividend for the year. INVESTMENT PORTFOLIO 1718 19 Details of all investments of the Group are included in notes 17, 18and 19 to the consolidated financial statements. FINANCIAL RESOURCES AND LIQUIDITY 1,662,00016,166,00090,490,000219,042,000262,348,000378,125,000109,025,00059,625,0001.782.54 As at 31 March 2025, the Group had cash and cash equivalentsof approximately HK$1,662,000 (2024: HK$16,166,000). TheGroup had net current assets and the net assets of approximatelyHK$90,490,000 (2024: HK$219