九福来2025 年报

CHARACTERISTICS OF GEM OF THE STOCKEXCHANGE OF HONG KONG LIMITED(THE “STOCK EXCHANGE”) GEM GEM GEM has been positioned as a market designed to accommodatesmall and mid-sized companies to which a higher investmentrisk may be attached than other companies listed on the StockExchange. Prospective investors should be aware of the potentialrisks of investing in such companies and should make thedecision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small andmid-sized companies, there is a risk that securities traded on GEMmay be more susceptible to high market volatility than securitiestraded on the Main Board of the Stock Exchange and no assuranceis given that there will be a liquid market in the securities tradedon GEM. GEMGEMGEM Hong Kong Exchanges and Clearing Limited and the Stock Exchangetake no responsibility for the contents of this report, make norepresentation as to its accuracy or completeness and expresslydisclaim any liability whatsoever for any loss howsoever arising from orin reliance upon the whole or any part of the contents of this report. GEMGEM This report, for which the directors (the “Directors”) of MindtellTechnology Limited (the “Company”) collectively and individuallyaccept full responsibility, includes particulars given in compliancewith the Rules Governing the Listing of Securities on GEM of theStock Exchange (the “GEM Listing Rules”) for the purpose of givinginformation with regard to the Company. The Directors, having made allreasonable enquiries, confirm that to the best of their knowledge andbelief the information contained in this report is accurate and completein all material respects and not misleading or deceptive, and thereare no other matters the omission of which would make any statementherein or this report misleading. CONTENTSPageCorporate Information3Chairman’s Statement7Management Discussion and Analysis11Biographies of Directors and Senior Management22Corporate Governance Report35Report of the Directors48Independent Auditor’s Report66Consolidated Statement of Profit or Loss andOther Comprehensive Income76Consolidated Statement of Financial Position77Consolidated Statement of Changes in Equity79Consolidated Statement of Cash Flows81Notes to the Consolidated Financial Statements83Financial Summary172 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Zhang Rongxuan(Chairman and Chief Executive Officer)(appointed as an executive Director on 7 August 2025 and thechairman and chief executive officer on 24 October 2025) Mr. Lyu Xingjian (appointed on 1 December 2025) Non-executive Directors Mr. Siah Jiin Shyang (resigned on 24 October 2025)Mr. Lam Pang (retired on 26 March 2025)Mr. Chong Yee Ping (resigned as the chairman and chief executiveofficer and re-designated from an executive Director to anon-executive Director on 24 October 2025) Independent Non-executive Directors Dato’ Yeong Kok HeeMr. Siew Kin Meng (resigned on 24 October 2025)Ms. Lau Meng Hong (resigned on 28 November 2025) Mr. Yuen Chun Fai (appointed on 24 October 2025) Ms. Chan Laam Chi (appointed on 28 November 2025) BOARD COMMITTEES Audit Committee Mr. Yuen Chun Fai(Chairman)(appointed on 24 October 2025) Mr. Siew Kin Meng(Chairman)(resigned on 24 October 2025) Dato’ Yeong Kok HeeMs. Lau Meng Hong (resigned on 28 November 2025) Ms. Chan Laam Chi (appointed on 28 November 2025) CORPORATE INFORMATION Remuneration Committee Dato’ Yeong Kok Hee(Chairman)Mr. Siew Kin Meng (resigned on 24 October 2025)Ms. Lau Meng Hong (resigned on 28 November 2025) Mr. Yuen Chun Fai (appointed on 24 October 2025) Ms. Chan Laam Chi (appointed on 28 November 2025) Nomination Committee Dato’ Yeong Kok Hee(Chairman)Mr. Siew Kin Meng (resigned on 24 October 2025)Ms. Lau Meng Hong (resigned on 28 November 2025) Mr. Yuen Chun Fai (appointed on 24 October 2025) Ms. Chan Laam Chi (appointed on 28 November 2025) COMPLIANCE OFFICER Mr. Chong Yee Ping AUTHORISED REPRESENTATIVES Mr. Chong Yee Ping (resigned on 24 October 2025)Mr. Yeung Kwong Wai (resigned on 11 November 2025)Mr. Zhang Rongxuan (appointed on 24 October 2025) Mr. Yu Chi Kit (appointed on 11 November 2025) COMPANY SECRETARY Mr. Yeung Kwong Wai (resigned on 11 November 2025)Mr. Yu Chi Kit (appointed on 11 November 2025) CORPORATE INFORMATION REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS IN THE PEOPLE’S REPUBLIC OFCHINA 66801 Room 801Administration BuildingJiufulai International GroupNo. 66, Longhai Third RoadKaifeng CityHenan ProvincePeople’s Republic of China HEADQUARTERS IN MALAYSIA B-7-7, Sky Park @ One CityJalan USJ 25/1, 47650Subang JayaSelangorMalaysia B-7-7, Sky Park @ One CityJalan USJ 25/1, 47650Subang JayaSelangorMalaysia PRINCIPAL PLACE OF BUSINESS IN HONG KONG Suites 707-709, 7/F.12 Taikoo Wan RoadTaiko