兆邦基生活二零二五年年报

ANNUAL REPORT CONTENTS 256162044607173767780204 Corporate InformationChairman’s StatementManagement Discussion and AnalysisBiographical Details of Directors and Senior ManagementCorporate Governance ReportReport of the DirectorsIndependent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFive Years Financial Summary Corporate Information BOARD OF DIRECTORS Executive DirectorsMr. Xu Zhicong(Chairman)(designated as Chairman with effect from30 June 2025)Ms. Zhang YuMs. Zeng Yue Ying(appointed with effect from 22 January 2025)Mr. Xu Chujia(resigned with effect from 30 June 2025)Mr. Xu Chusheng(resigned with effect from 31 October 2024)Mr. Yin Ying Cai(appointed with effect from 4 June 2024 andresigned with effect from 30 October 2024)Mr. Kwan Kin Man Keith(resigned with effect from 4 June 2024) Non-executive DirectorMs. Tsim Ying Wah Independent Non-executive DirectorsMr. Hui Chin Tong GodfreyMr. Ye LongfeiMr. Yu Chor On AUDIT COMMITTEE Mr. Yu Chor On(Chairman)Mr. Hui Chin Tong GodfreyMr. Ye Longfei REMUNERATION COMMITTEE Mr. Hui Chin Tong Godfrey(Chairman)Ms. Tsim Ying WahMr. Ye Longfei NOMINATION COMMITTEE Mr. Ye Longfei(Chairman)Ms. Tsim Ying WahMr. Yu Chor On INVESTMENT COMMITTEE Mr. Xu Zhicong(Chairman)(appointed with effect from 30 June 2025)Ms. Tsim Ying Wah(appointed with effect from 31 October 2024)Mr. Xu Chujia(resigned with effect from 30 June 2025)Mr. Xu Chusheng(resigned with effect from 31 October 2024) COMPANY SECRETARY Mr. Kwan Kin Man Keith AUDITOR Grant Thornton Hong Kong LimitedCertified Public AccountantsPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance LEGAL ADVISERS As to Hong Kong law:LI & PARTNERS AUTHORISED REPRESENTATIVES Ms. Tsim Ying WahMr. Kwan Kin Man Keith PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1-1102Cayman Islands Corporate Information HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services LimitedLevel 17, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERChong Hing Bank REGISTERED OFFICE Maples Corporate Services LimitedP.O. Box 309Ugland House Grand Cayman KY1-1104Cayman Islands Maples Corporate Services LimitedP.O. Box 309Ugland House Grand Cayman KY1-1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS 168–2001113–15 Unit 13–15, 11/FChina Merchants Tower, Shun Tak Centre168–200 Connaught Road CentralHong Kong 1660 STOCK CODE1660 www.szzhaobangji.com WEBSITEwww.szzhaobangji.com Chairman’s Statement主 席 報 告 Dear Shareholders, On behalf of the board (the “Board”) of Directors (the “Directors”) ofZhaobangji Lifestyle Holdings Limited (the “Company”), I am pleasedto present the annual report of the Company and its subsidiaries(collectively the “Group”) for the year ended 31 March 2025 (the“Year”). The overall market conditions were challenging this year as thereal estate market in the PRC and in Hong Kong regions remainedsluggish and many developers in the region struggled with cash flow.The demand for construction equipment leasing was therefore slowand there was also an overall trend to move into electric storagesolutions which renders some of our traditional diesel generators andrelated equipment obsolete. Our property management business alsoencountered difficulties as a larger percentage of residential propertyowners delayed payments which led to cost overrun. In light of thechallenging market conditions, the Board will continue to employ alow leverage position and will continue to explore potential businessopportunities to bring long-term value to the shareholders of theCompany (the “Shareholders”). Xu Chujia 30 June 2025 Management Discussion and Analysis BUSINESS REVIEW, MARKET PROSPECT ANDOUTLOOK The Group is principally engaged in the trading of machinery and spareparts, leasing of machinery and provision of related services, provisionof transportation services and money lending in Hong Kong, andprovision of property management services, leasing of machinery andproperty leasing, subletting, retail, money lending and other businessesin the People’s Republic of China (the “PRC”). The overall market conditions were challenging this year as thereal estate market in the PRC and in Hong Kong regions remainedsluggish and many developers in the region struggled with cash flow.The demand for construction equipment leasing was therefore slowand there was also an overall trend to move into electric storagesolutions which renders some of our traditional diesel generators andrelated equipment obsolete. Our property management business