博维智慧2025 中期报告

BoardWare Intelligence Technology LimitedBoardWare Intelligence Technology Limited (incorporated in the Cayman Islands with limited liability)Stock code: 1204 2–4Corporate Information5–17Management Discussion and Analysis18–42Condensed Consolidated Financial Statements43–52Corporate Governance/Other Information CORPORATE INFORMATION公司資料 BOARD OF DIRECTORSExecutive Directors 202571 Mr. Chao Ka Chon(Chairman and Chief Executive Officer)Ms. Chiu Koon ChiMs. Lei Sok Han (resigned on 1 July 2025)Mr. Ng Hong Kei Non-executive DirectorMr. Li Haodong Independent Non-Executive Directors Mr. Man Wing Pong(Lead Independent Non-executive Director)Mr. Suen Chi WaiDr. U Seng Pan AUDIT COMMITTEE Mr. Man Wing Pong(Chairman)Mr. Suen Chi WaiDr. U Seng Pan REMUNERATION COMMITTEE Dr. U Seng Pan(Chairman)Mr. Chao Ka ChonMr. Suen Chi Wai NOMINATION COMMITTEE 202571202571 Mr. Suen Chi Wai(Chairman)Mr. Chao Ka ChonMr. Man Wing PongMs. Chiu Koon Chi (appointed on 1 July 2025)Dr. U Seng Pan (appointed on 1 July 2025) AUTHORISED REPRESENTATIVES Mr. Chao Ka ChonMs. Wong Kwun LingMs. Chiu Koon Chi (alternate to the authorised representatives) COMPANY SECRETARY Ms. Wong Kwun Ling 1827 LEGAL ADVISERAs to Hong Kong law Howse Williams27/F Alexandra House18 Chater RoadCentralHong Kong CORPORATE INFORMATION公司資料 REGISTERED OFFICE IN THE CAYMAN ISLANDS Cricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS OF OUR GROUP IN MACAU 335–34115I–QX Alameda Dr. Carlos D Assumpção No. 335–341Hotline Centre15/F, I–Q and XMacau 16 PRINCIPAL PLACE OF BUSINESS IN HONGKONG REGISTERED UNDER PART 16 OF THECOMPANIES ORDINANCE 91201–02 Unit 01–02, 12/F., Tower IEnterprise SquareNo. 9 Sheung Yuet RoadKowloon Bay, KowloonHong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE 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 HONG KONG BRANCH SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Central16 Harcourt RoadHong Kong AUDITOR •8835 Deloitte Touche TohmatsuCertified Public Accountants andRegistered Public Interest Entity Auditor35/F, One Pacific Place88 QueenswayHong Kong CORPORATE INFORMATION公司資料 PRINCIPAL BANKER Bank of China Limited, Macau BranchBank of China BuildingAvenida Doutor Mário SoaresMacau 1 The Hongkong and Shanghai Banking Corporation LimitedHSBC Main Building1 Queen’s Road CentralHong Kong www.boardware.com COMPANY’S WEBSITEwww.boardware.com 1204 STOCK CODE1204 2022715 LISTING DATE15 July 2022 MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 INDUSTRY OVERVIEW AND OUTLOOK ITITIT(i)IT(ii)IT(i)IT(ii)(iii) IT Information technology (“IT”) solutions involve the design, supply,integration, operation and maintenance of IT systems. IT solutionscould be primarily categorised into two segments, namely (i)enterprise IT solutions and (ii) distribution and resale of hardwareand software. Enterprise IT solutions could be further grouped as (i)Professional IT services, (ii) Managed services and (iii) IT maintenanceand consultancy services. ITITITIT2021 As an IT solutions provider and authorised distributor, the Groupintroduces IT products and services, and provides related IT solutionsto the local markets, including Macau, Hong Kong and MainlandChina, and provides IT solution services covering procurement andintegration, Managed services and maintenance services to the endusers in Macau, Hong Kong and Mainland China. The Group hasextended its footprint to Mainland China since 2021. AIAIIT With the economic transformation and the recent rapid developmentof AI technology in Macau, Hong Kong and Mainland China, moreand more enterprises applied or planned to use digitalisation and AI-related products and solutions for their operation and marketing,which has brought significant demand to the IT industry: (a)as a result of the transformation of the economy and thepopularisation of digitalisation in the Greater Bay Area, localenterprises have planned to increase their investment in ITinfrastructure renovation and new IT upgrade projects. At thesame time, with the local government’s strong promotionof digitalisation and economic transformation, more andmore local enterprises have utilised digital tools such asdigital platforms, advanced systems and smart devices moreextensively in order to improve their operational efficiency andexpand their customer acquisition channels. The Group expectsthe demand for IT solutions and related products will increasefollowing the popularisation of digital transformation amongthe enterprises in the Greater Bay Area; (a)ITITIT (b)IT (b)as the six gaming operators in Macau had committed to investand support the development of non-gaming industries inMacau in