世大控股2024-2025 年报

2024-2025 ANNUAL REPORT CHARACTERISTICS OF GEM OF THE STOCKEXCHANGE OF HONG KONG LIMITED (THE “STOCKEXCHANGE”)GEM GEM GEM has been positioned as a market designed toaccommodate small and mid-sized companies towhich a higher investment risk may be attachedthan other companies listed on the Stock Exchange.Prospective investors should be aware of the potentialrisks of investing in such companies and shouldmake the decision to invest only after due and carefulconsideration. Given that companies listed on GEM are generally smalland mid-sized companies, there is a risk that securitiestraded on GEM may be more susceptible to high marketvolatility than securities traded on the Main Board and noassurance is given that there will be a liquid market in thesecurities traded on GEM. GEMGEMGEM Hong Kong Exchanges and Clearing Limited and the StockExchange take no responsibility for the contents of this report,make no representation as to its accuracy or completenessand expressly disclaim any liability whatsoever for any losshowsoever arising from or in reliance upon the whole or any partof the contents of this report. This report, for which the directors of Great World CompanyHoldings Ltd (the “Company”) collectively and individuallyaccept full responsibility, includes particulars given incompliance with the Rules Governing the Listing of Securitieson GEM of the Stock Exchange for the purpose of givinginformation with regard to the Company. The directors of theCompany, having made all reasonable enquiries, confirm that tothe best of their knowledge and belief the information containedin this report is accurate and complete in all material respectsand not misleading or deceptive, and there are no other mattersthe omission of which would make any statement herein or thisreport misleading. GEM CONTENTS Corporate Information2Chairman’s Statement4Biographical Details of Directors6Biographical Details of Senior Management8Management Discussion and Analysis9Corporate Governance Report19Environmental, Social and Governance Report34Report of the Directors50Independent Auditors’ Report61Consolidated Statement of Profit or Loss67Consolidated Statement of Profit or Loss andOther Comprehensive Income68Consolidated Statement of Financial Position69Consolidated Statement of Changes in Equity71Consolidated Statement of Cash Flows72Notes to the Consolidated Financial Statements74Five-Year Financial Summary189Major Properties190 Corporate Information BOARD OF DIRECTORSExecutive DirectorsMr. Zhao XinyanMr. Zhang YanqiangMr. Gu Zhonghai Independent Non-executive DirectorsMr. Chung Koon YanMs. Zhao YongmeiMr. Jing Baoli COMPANY SECRETARYMs. Kwong May Wah, Eva AUTHORISED REPRESENTATIVESMr. Zhang YanqiangMs. Kwong May Wah, Eva AUDIT COMMITTEEMr. Chung Koon Yan(Chairman)Ms. Zhao YongmeiMr. Jing Baoli REMUNERATION COMMITTEE Ms. Zhao Yongmei(Chairman)Mr.Zhao XinyanMr. Jing Baoli NOMINATION COMMITTEE Mr. Zhang Yanqiang(Chairman)Ms. Zhao YongmeiMr. Jing Baoli P.O. Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands, British West Indies REGISTERED OFFICE P.O. Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands, British West Indies 7214 HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS Office No. 4, 21st FloorSaxon Tower7 Cheung Shun StreetLai Chi KokKowloon, Hong Kong Corporate Information PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank Limited PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE SMP Partners (Cayman) Limited3rd Floor, Royal Bank House24 Shedden Road, George TownGrand Cayman KY1-1110Cayman Islands SMP Partners (Cayman) Limited3rd Floor, Royal Bank House24 Shedden Road, George TownGrand Cayman KY1-1110Cayman Islands HONG KONG BRANCH SHARE REGISTRARSAND TRANSFER OFFICE 18317M Hong Kong Registrars Limited17M/F, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong AUDITORS 1131 HLB Hodgson Impey Cheng Limited31/F, Gloucester TowerThe Landmark11 Pedder StreetCentralHong Kong Maples and Calder1826 LEGAL ADVISERS As to Cayman Islands Law:Maples and Calder26/F, Central Plaza,18 Harbour Road, Wanchai,Hong Kong 881508–1513 As to Hong Kong Law: Ma Tang & CoRoom 1508–1513Nan Fung Tower88 Connaught Road CentralCentralHong Kong WEBSITEhttp://www.gwchl.com http://www.gwchl.com Chairman’s Statement Dear Shareholders: On behalf of the board of directors (the “Board”) and themanagement of Great World Company Holdings Ltd (the“Company”, together with its subsidiaries collectively referredto as the “Group”), I am pleased to present to you the annualreport of the Group for the year ended 31 March 2025. The Group is principally engaged in intelligent advertisingbusiness, agricultural, forestry and consumer productsbusiness, supply-chain business and property business. The major transaction announced by the Company on 23 June2025 (the “Disposal”) reflects the Company’s commitment tostrengthening the Group’s financial position. On 27 June 2025,the Group announced its annual r