力图控股中期报告 2025

Contents目錄 Condensed consolidated statement of comprehensive income簡明綜合全面收益報表22 Corporate information公司資料 DIRECTORS 董事 執行董事黃萬如先生（主席）陳玲玲女士 Executive DirectorsMr. Huang Wanru(Chairman)Ms. Chen Lin Lin Caddie 非執行董事李莉女士 Non-Executive DirectorMs. Li Li 獨立非執行董事林英鴻先生呂天能先生蕭文豪先生萬曉霞博士 Independent Non-Executive DirectorsMr. Lam Ying Hung, AndyMr. Lui Tin NangMr. Siu Man Ho, SimonDr. Wan Xiaoxia 公司秘書陳永忠先生 COMPANY SECRETARYMr. Chan Wing Chung AUDIT COMMITTEE 審核委員會 呂天能先生（審核委員會主席）林英鴻先生李莉女士蕭文豪先生萬曉霞博士 Mr. Lui Tin Nang(Chairman of the audit committee)Mr. Lam Ying Hung, AndyMs. Li LiMr. Siu Man Ho, SimonDr. Wan Xiaoxia REMUNERATION COMMITTEE 薪酬委員會 林英鴻先生（薪酬委員會主席）黃萬如先生李莉女士呂天能先生蕭文豪先生萬曉霞博士 Mr. Lam Ying Hung, Andy(Chairman of the remuneration committee)Mr. Huang WanruMs. Li LiMr. Lui Tin NangMr. Siu Man Ho, SimonDr. Wan Xiaoxia NOMINATION COMMITTEE 提名委員會 蕭文豪先生（提名委員會主席）林英鴻先生李莉女士呂天能先生黃萬如先生萬曉霞博士 Mr. Siu Man Ho, Simon(Chairman of the nomination committee)Mr. Lam Ying Hung, AndyMs. Li LiMr. Lui Tin NangMr. Huang WanruDr. Wan Xiaoxia Corporate information公司資料 授權代表黃萬如先生陳永忠先生 AUTHORISED REPRESENTATIVES Mr. Huang WanruMr. Chan Wing Chung 核數師 AUDITOR 富睿瑪澤會計師事務所有限公司執業會計師 Forvis Mazars CPA LimitedCertified Public Accountants PRINCIPAL BANKERS 主要往來銀行 Hang Seng Bank LimitedAgricultural Bank of China LimitedBank of China LimitedChina Merchants Bank Co., Ltd. 恒生銀行有限公司中國農業銀行股份有限公司中國銀行股份有限公司招商銀行股份有限公司 股份過戶及登記總處 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana Bay,Grand Cayman KY1-1110Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana Bay,Grand Cayman KY1-1110Cayman Islands 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 卓佳證券登記有限公司香港夏慤道16號遠東金融中心17樓 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong REGISTERED OFFICE 註冊辦事處 Cricket Square, Hutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands Corporate information公司資料 總部及香港主要營業地點 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 香港新界粉嶺安樂村安樂門街38號3樓 3/F, 38 On Lok Mun StreetOn Lok TsuenFanling, New TerritoriesHong Kong CORPORATE WEBSITEwww.lituholdings.com 公司網站www.lituholdings.com 股份代號1008 STOCK CODE1008 LISTING DATE30 March 2009 上市日期二零零九年三月三十日 Management discussion and analysis管理層討論及分析 BUSINESS REVIEW 業務回顧 於截至二零二五年六月三十日止六個月（「回顧期間」），力圖控股有限公司（「本公司」）錄 得 持 續 經 營 業 務 收 益 約307,900,000港元（截至二零二四年六月三十日止六個月：318,600,000港元），本公司擁有人應佔溢利約 為3,000,000港 元（截 至 二 零 二 四 年 六 月三十日止六個月：28,800,000港元），每股基本盈利約為0.002港元（截至二零二四年六月三十日止六個月：0.018港元）。本公司董事（「董事」）會（「董事會」）於回顧期間並不建議宣派中期股息（二零二四年六月三十日止六個月：每股2港仙）。 For the six months ended 30 June 2025 (the “Period underReview”), Litu Holdings Limited (the “Company”) achievedrevenue from continuing operations of approximatelyHK$307.9 million (six months ended 30 June 2024: HK$318.6million) with profit attributable to owners of the Companyamounting to approximately HK$3.0 million (six months ended30 June 2024: HK$28.8 million) and basic earnings per shareof approximately HK$0.002 (six months ended 30 June2024: HK$0.018). The board (the “Board”) of directors (the“Directors”) of the Company did not recommend the paymentof an interim dividend (six months ended 30 June 2024: HK2cents per share) for the Period under Review. In the first half of 2025, the gross domestic product (GDP) ofthe People’s Republic of China (the “PRC”) increased by 5.3%.However, the prospects of both the global economy and thePRC’s economy remain uncertain due to global high inflation,intensifying competition between the United States and thePRC on various fronts and the ongoing war between Russiaand Ukraine, all of which may have an adverse effect on thePRC’s economy and the Group’s operating environment in thesecond half of 2025. 於二零二五年上半年，中華人民共和國（「中國」）國內生產總值增長5.3%。然而，全球通脹升溫，環球經濟及中國經濟前景仍去向未明；中美兩國在不同陣線的競爭加劇，以及俄烏戰爭持續，均可能對二零二五年下半年的中國經濟及本集團的營商環境產生不利影響。 During the Period under Review, given the decrease intendering price under the mandatory tendering policy in thecigarette industry, the Group was under operating pressurefrom intensifying industry competition. The Group has sincefocused more efforts on planning and organising the tenderingamong the subsidiaries. 於回顧期間，受限於煙草行業強制投標政策下投標價格下跌，行業競爭加劇的環境使本集團承受一定經營壓力。自此，本集團更專注於計劃及組織附屬公司之間的投標工作。 Under the pressure of the fall of tender prices and the highinflation, the Group has implemented a series of measuresin order to cope with the challenges to the profitability ofthe Group. The measures included the simplification ofmanagement structure in order to increase the efficiencyof decision making to match with the fast changing marketdemand, the enhancement of inventory management to controlthe inventory at an appropriate level and the implementation oftendering system for the purchase of raw materials to increasethe bargaining po