读书郎2025年中期报告

CONTENTS 2Company Profile3Corporate Information6Management Discussion and Analysis30Disclosure of Interests36Corporate Governance and Other Information66Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income67Interim Condensed Consolidated Statement of Financial Position69Interim Condensed Consolidated Statement of Changes in Equity71Interim Condensed Consolidated Statement of Cash Flows74Notes to Interim Condensed Consolidated Financial Information96Definitions 2COMPANY PROFILE 23852022712 Readboy Education Holding Company Limited (“Readboy” or the “Company”,together with its subsidiaries, the “Group”) (Stock Code: 2385) has beenlisted on the Stock Exchange since 12 July 2022. The Group ’s primarybusiness involves the design, development, manufacturing and selling ofintelligent learning devices, as well as the provision of comprehensiveeducational resources for educational institutions, schools, teachers,parents and students. The Group ’s product portfolio includes personalstudent tablets, digital and smart classroom solutions (including teachingsystem solutions), wearable products, and other accessories. Leveragingadvanced technologies such as artificial intelligence, big data, and cognitivemodeling, the Group aims to deliver flexible, efficient, interactive, andpersonalised teaching experiences to its users. CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Qin Shuguang(Chairman and Chief Executive Officer)Ms. Liu Zhilan Non-executive Directors Mr. Chen ZhiyongMr. Shen Jianfei Independent Non-executive Directors Ms. Li Manfang(Chief Independent Non-Executive Director)Ms. Kong FanhuaProf. Li Renfa AUDIT COMMITTEE Ms. Li Manfang(Chairlady)Mr. Chen ZhiyongMs. Kong Fanhua REMUNERATION COMMITTEE Ms. Kong Fanhua(Chairlady)Mr. Chen ZhiyongMs. Li Manfang NOMINATION COMMITTEE Mr. Qin Shuguang(Chairman)Ms. Kong FanhuaProf. Li Renfa ENVIRONMENTAL, SOCIAL ANDGOVERNANCE COMMITTEE Prof. Li Renfa(Chairman)Ms. Liu ZhilanMr. Shen Jianfei Corporate Information AUDITOR 97927 Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor27/F, One Taikoo Place,979 King’s Road,Quarry Bay, Hong Kong HONG KONG LEGAL ADVISER 153232033207 Jingtian & Gongcheng LLPSuites 3203-3207, 32/F.,Edinburgh Tower, The Landmark,15 Queen’s Road Central, Hong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket Square,Hutchins Drive,P.O. Box 2681,Grand Cayman KY1-1111 Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square,Hutchins Drive,P.O. Box 2681,Grand Cayman KY1-1111 Cayman Islands HONG KONG SHARE REGISTRAR 1831717121716 Computershare Hong Kong Investor Services LimitedShops 1712-1716,17th Floor Hopewell Centre,183 Queen’s Road East,Wan Chai, Hong Kong REGISTERED OFFICE Cricket Square,Hutchins Drive,P.O. Box 2681,Grand Cayman, KY1-1111,Cayman Islands Cricket Square,Hutchins Drive,P.O. Box 2681,Grand Cayman, KY1-1111,Cayman Islands Corporate Information HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 38 No. 38, Changyi Road,Wuguishan, Zhongshan City,Guangdong Province, PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 24840 40th Floor,Dah Sing Financial Centre,No. 248 Queen’s Road East,Wanchai, Hong Kong JOINT COMPANY SECRETARIES FCG, HKFCG Mr. Huang QingzhongMr. Lam Kang Chi(FCG, HKFCG) FCG, HKFCG AUTHORISED REPRESENTATIVES Ms. Liu ZhilanMr. Lam Kang Chi(FCG, HKFCG) PRINCIPAL BANKERS 26 Bank of Communications(Zhongshan Shebao Sub-branch)No. 26 ZhongShan 3rd Road East DistrictZhongshan City, Guangdong Province, PRC www.readboy.com WEBSITEwww.readboy.com STOCK CODE 2385 2385 6MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE CULTURE Our Corporate Culture and Mission At our Group, we have cultivated a corporate culture that aims to benefitour employees, customers, and indeed the entire society. Our core missionis to inspire the discovery of knowledge through innovation and qualityservice, thereby enhancing the potential for individual learning. We arecommitted to improving education quality and empowering learners andeducational institutions with our innovative technology solutions, building asmart and interconnected educational ecosystem. We transform thelearning process into an enjoyable experience through technologyempowerment and strive to become a leading supplier of smart learningdevices and services in the country, providing integrated autonomouslearning solutions to increase learning efficiency, and offering schools a one-stop intelligent teaching solution to advance the precision development ofteaching. Our values – innovation, quality, user orientation, responsibility, cooperation,transparency and integrity – are the cornerstone of all our business activitiesand are deeply embedded in our corporate culture. These values not onlyguide our product development, from individual student tablets tocomprehensive smart campus solutions, but also