东江集团控股2025年中期报告

CONTENTS目錄 Corporate Information2Financial Highlights5Management Discussion and Analysis7Corporate Governance and Other Information23Interim Condensed Consolidated Statement ofComprehensive Income32Interim Condensed Consolidated Balance Sheet33Interim Condensed Consolidated Statement of Changesin Equity35Interim Condensed Consolidated Statement ofCash Flows37Notes to the Interim Financial Information38 CORPORATE INFORMATION公司資料 BOARD OF DIRECTORS 董事會 Executive Directors Mr. Li Pui Leung(Chairman)Mr. Yung Kin Cheung Michael(Chief Executive Officer)Mr. Lee Leung YiuMr. Cheung Fong Wa Independent Non-executive Directors Dr. Chung Chi Ping RoyMs. Christine Wan Chong LeungMr. Tsang Wah Kwong 董事會委員會 COMMITTEES OF THE BOARD Audit Committee Mr. Tsang Wah Kwong(Chairman)Dr. Chung Chi Ping RoyMs. Christine Wan Chong Leung Remuneration Committee Dr. Chung Chi Ping Roy(Chairman)Mr. Yung Kin Cheung MichaelMs. Christine Wan Chong LeungMr. Tsang Wah Kwong Nomination Committee Mr. Li Pui Leung(Chairman)Dr. Chung Chi Ping RoyMs. Christine Wan Chong LeungMr. Tsang Wah Kwong AUTHORISED REPRESENTATIVES 授權代表 Mr. Yung Kin Cheung MichaelMr. Cheung Fong Wa Corporate Information (Continued)公司資料（續） 公司秘書 COMPANY SECRETARY Mr. Cheung Fong Wa 核數師 AUDITOR PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity AuditorHong Kong 主要往來銀行 PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedChina CITIC Bank Corporation LimitedChina Construction Bank CorporationHua Xia Bank Co., Limited REGISTERED OFFICE 註冊辦事處 Cricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS IN PRC 中國總部 TK Technology ParkTangjia CommunityFenghuang Sub-districtGuangming DistrictShenzhen, the PRC PRINCIPAL PLACE OF BUSINESS INHONG KONG 香港主要營業地點 491-501B9 19 Workshop No.19, 9th Floor, Block BHi-Tech Industrial CentreNo. 491–501 Castle Peak RoadTsuen Wan, New Territories, Hong Kong Corporate Information (Continued)公司資料（續） PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE 股份過戶登記總處 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands 香港股份過戶登記處 HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong SHARE LISTING 股份上市 2283 The Stock Exchange of Hong Kong Limited(Stock code: 2283) COMPANY WEBSITE 公司網址https://www.tkmold.com https://www.tkmold.com Financial Highlights (Continued)財務摘要（續） Notes: MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 The board of directors (the “Board”) of TK Group (Holdings) Limited(the “Company”) is pleased to present the consolidated interimresults of the Company and its subsidiaries (collectively the “Group”)for the six months ended 30 June 2025 (the “Period”). 2025630 BUSINESS REVIEW 業務回顧 20252025(GDP)5.3%20251,050.320241,007.24.3%5.2%30.4% In the first half of 2025, the global economic environmentfaced numerous challenges and uncertainties, including theimplementation of the reciprocal tariff policy by the U.S. and theescalation of geopolitical conflicts in the Middle East, which causedsignificant market volatility. Due to reduced government spendingand fluctuating policies, U.S. economic growth slowed down,with personal consumption expenditure significantly weakening.In contrast, the Eurozone economy showed a trend of moderaterecovery. Being supported by the temporary easing of Sino-U.S.trade frictions and the policy stimulus measures, China’s economydemonstrated strong resilience, with GDP growth reaching 5.3% inthe first half of 2025. The U.S. government attempted to reshapethe global trade order through tariffs. However, due to trade policyuncertainties as well as concerns about tariff-induced inflation,rising unemployment and economic recession, U.S. consumersbecame more cautious in their spending and had a lower willingnessto spend. Some consumer electronics brands adopted moreconservative procurement strategies and slowed the pace ofnew product development. In the first half of 2025, the Group’srevenue amounted to HK$1,050.3 million (the first half of 2024:HK$1,007.2 million), representing a 4.3% increase as compared tothe same period last year. Of the growth, the plastic componentsmanufacturing business fell by 5.2% as compared to the sameperiod last year due to the cautious procurement strategies ofsome downstream industry customers, while the mold fabricationbusiness recorded strong growth, up by 30.4% as compared to thesame period last year. Management Discussion and Analysis (Continued)管理層討論及分析（續） 6.1%265.42024250.00.525.3%202424.8%8.8%86.8202479.70.48.3%20247.9%10.520249.69.4% During the Period, being driven by strong growth in the higher-gross-margin mold fabrication business, th