大象未来集团2024/2025年报

ANNUAL REPORT2024/2025 CONTENTS目錄 CORPORATE INFORMATION2ABBREVIATIONS4CHAIRMAN’S STATEMENT6MANAGEMENT DISCUSSION AND ANALYSIS9BIOGRAPHICAL DETAILS OF DIRECTORS22REPORT OF THE DIRECTORS25CORPORATE GOVERNANCE REPORT47INDEPENDENT AUDITOR’S REPORT65CONSOLIDATED STATEMENT OF PROFIT OR LOSSAND OTHER COMPREHENSIVE INCOME70CONSOLIDATED STATEMENT OF FINANCIALPOSITION72CONSOLIDATED STATEMENT OF CHANGES INEQUITY74CONSOLIDATED STATEMENT OF CASH FLOWS76NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS78FIVE-YEAR FINANCIAL SUMMARY166SCHEDULE OF PRINCIPAL PROPERTIES167 公司資料 CORPORATE INFORMATION 董事會執行董事 BOARD OF DIRECTORS Executive Directors Mr. Zhao Wenqing(Chairman)Mr. Huang Dongfeng(Chief Executive Officer)Mr. Yiu Chun KongDr. Guo Honglin 非執行董事# Non-executive DirectorMr. Sue Ka Lok# 獨立非執行董事 Independent Non-executive Directors Mr. Pun Chi PingMs. Leung Pik Har, ChristineMr. Yeung Chi Tat COMPANY SECRETARYMr. Yam Pui Hung, Robert 公司秘書 審核委員會 AUDIT COMMITTEE Mr. Yeung Chi Tat(Chairman)Mr. Pun Chi PingMs. Leung Pik Har, Christine 薪酬委員會 REMUNERATION COMMITTEE Mr. Pun Chi Ping(Chairman)Ms. Leung Pik Har, ChristineMr. Yeung Chi Tat 提名委員會 NOMINATION COMMITTEE Ms. Leung Pik Har, Christine(Chairlady)Mr. Pun Chi PingMr. Yeung Chi Tat PRINCIPAL PLACE OF BUSINESS IN HONG KONG 香港主要營業地點 2831 31/F., Vertical Sq, No. 28 Heung Yip Road,Wong Chuk Hang, Hong Kong REGISTERED OFFICE 註冊辦事處 4th Floor, Harbour Place,103 South Church Street,George Town,P.O. Box 10240,Grand Cayman KY1-1002,Cayman Islands 4th Floor, Harbour Place,103 South Church Street,George Town,P.O. Box 10240,Grand Cayman KY1-1002,Cayman Islands #202412 31 #Resigned with effect from 31 December 2024 公司資料 CORPORATE INFORMATION(Continued) 股份登記處 SHARE REGISTRARS 股份過戶登記總處 Principal share registrar and transfer office Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place,103 South Church Street,George Town,P.O. Box 10240,Grand Cayman KY1-1002,Cayman Islands Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place,103 South Church Street,George Town,P.O. Box 10240,Grand Cayman KY1-1002,Cayman Islands 香港股份過戶登記分處 Hong Kong branch share registrar and transfer office *1617 Tricor Investor Services Limited*17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong AUDITOR 核數師 ZHONGHUI ANDA CPA LimitedCertified Public Accountants23/F, Tower 2,Enterprise Square Five,38 Wang Chiu Road,Kowloon Bay, Kowloon,Hong Kong 385223 法律顧問有關香港法律 LEGAL ADVISERS As to Hong Kong lawLoeb & Loeb LLP 有關開曼群島法律 As to Cayman Islands lawHarney Westwood & Riegels PRINCIPAL BANKERS 主要往來銀行 Bank of Communications Co., Ltd., Hong Kong BranchBank of Communications (Hong Kong) LimitedHSBC UK Bank PlcMizuho Bank Ltd, JapanChina CITIC Bank Beijing Branch STOCK CODE 股份代號 2309 The Stock Exchange of Hong Kong Limited: 2309 COMPANY WEBSITE 公司網站www.zogroup.com.hk www.zogroup.com.hk *202552 Change of Hong Kong branch share registrar and transfer officewith effect from 2 May 2025 簡稱 In this annual report, the following abbreviations have the following meanings unless otherwise specified: 簡稱 CHAIRMAN’S STATEMENT 主席報告 Dear Shareholders, On behalf of the Board of Directors of ZO Future Group, I am pleasedto present to you the annual report of the Group for the year ended30 June 2025. 20256 30 BUSINESS PROSPECT 業務前景 新能源汽車及相關業務 New energy automobiles and related business In recent years, global climate warming and environmental issueshavebecome increasingly prominent,emerging as core concernsfornations worldwide.Many governments are actively promotingenvironmentalprotection and low-carbon development,proposingclimate goals such as achieving “zero carbon” or “carbon neutrality”.Withthe increase in economic activities driving demand fortransportationand logistics,greenhouse gas emissions from thetransportationsector now account for nearly a quarter of globaltotalemissions,making it the second-largest source of carbonemissions after energy generation and heating. This poses significantchallengesto the global climate.To address climate changeandmeet“zero carbon”or“carbon neutrality”targets,reducingcarbon emissions in the transportation sector has become a widelyfocusedgoal,and new energy vehicles have become a priorityinthe automotive industry development of various countries.Ascommercial vehicles are a major component of road transportation,the application and promotion of electric commercial vehicles areof great significance in substantially reducing carbon emissions andmitigating the further growth of the greenhouse effect. Withthe maturity of electric vehicle technology,the penetrationrate of electric commercial vehicles is increasing rapidly. They havebeen successfully deployed in various scenarios and have achievedremarkableperformance.Currently,electric vehicle models haveentereddifferent application scenarios including mining,ports,airports, closed campuses and urban freight, and gradually replacingtraditionalfuel-powered vehicles for logistics tran