正道集团二零二五年年报

Corporate Information2Chairman’s Statement5Biographical Details of Directors and Senior Management7Corporate Governance Report10Directors’ Report34Independent Auditor’s Report54Consolidated Statement of Profit or Loss andOther Comprehensive Income61Consolidated Statement of Financial Position63Consolidated Statement of Changes in Equity65Consolidated Statement of Cash Flows66Notes to the Consolidated Financial Statements67Financial Summary136 Corporate Information公司 資 料 Board of Directors Executive DirectorsMr. Shan Chuanlong(Chairman)(Appointed with effect from 19 March 2025)Mr. Kong Fan(Appointed with effect from 19 March 2025)Mr. Liu Stephen Quan(Resigned with effect from 19 March 2025)Ms. Hon Bosson Ying(Resigned with effect from 19 March 2025)Dr. Yeung Yung(Resigned with effect from 24 March 2025)Mr. Chen Xiao(Resigned with effect from 24 March 2025) Hou Bosson Ying Non-executive DirectorsMr. Ruan Jian(Appointed with effect from 19 March 2025)Mr. Zheng Yu(Appointed with effect from 19 March 2025)Dr. Xia Tingkang, Tim(Resigned with effect from 19 March 2025) Independent Non-Executive DirectorsMr. On Ka Shing(Resigned with effect from 17 February 2025)Dr. Zhu Guobin(Resigned with effect from 19 March 2025)Dr. Li Jianyong(Resigned with effect from 19 March 2025)Ms. Tang Po Yi(Appointed with effect from 19 March 2025and Resigned with effect from 13 May 2025)Ms. Pan Hong(Appointed with effect from 13 May 2025)Mr. Wu Wenchang(Appointed with effect from 29 May 2025)Mr. Yuen Wai Keung(Appointed with effect from 29 May 2025) Company Secretary Ms. Chen Li(Appointed with effect from 19 March 2025and resigned with effect from 5 June 2025)Ms. Tsui Mei Fung(Appointed with effect from 5 June 2025and Resigned with effect from 11 December 2025)Ms. Siu Wing Shan(Appointed with effect from 11 December 2025) Corporate Information公司 資 料 Auditor 255151501 Infinity CPA Limited (“Infinity”)(Appointed with effect from 27 November 2025) Certified Public AccountantsRoom 1501, 15th Floor,Olympia Plaza, 255 King’s RoadNorth PointHong Kong ZHONGHUI ANDA CPA Limited(Resigned with effect from 27 November 2025)Certified Public Accountants23/F, Tower 2, Enterprise Square Five38 Wang Chiu Road,Kowloon Bay, Kowloon,Hong Kong 38223 Principal Bankers Bank of Communications Co. Ltd.20 Pedder Street, Central, Hong Kong 20 Principal Place of Business in Hong Kong Suite 707, 7th Floor,No. 12 Taikoo Wan Road, TaikooHong Kong 127707 Registered Office Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Hong Kong Legal Advisor CLKW LAWYERS LLPRooms 1901A, 1902 & 1902A, 19th Floor,New World Tower I16-18 Queen’s Road CentralCentral, Hong Kong CLKW LAWYERS LLP16-181191901A19021902A Corporate Information公司 資 料 Principal Share Registrar and Transfer Office Ocorian Management (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Ocorian Management (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Hong Kong Branch Share Registrar andTransfer Office 18317M Computershare Hong Kong Investor Services Limited17M FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong Chairman’s Statement主 席 報 告 書 Dear Shareholders, The year 2025 was a year of profound transition for the globale co n o my a n d t h e a u to m ot i v e i n d u s t r y. Af te r y e a r s o fpand emic af ter sho ck s, supply chain res truc turing, andinflationary pressures, the global macro environment graduallystabilised yet remained fragile. Major economies saw modestgrow th with divergent recover y paces; China’s economymaint ain e d s tea d y e x p ansi o n und er p inn e d by re sili entc o n s u m p t i o n a n d i n d u s t r i a l u p g r a d i n g , w h i l e m a r ke tsentiment remained cautious amid structural adjustments. Despite the uncer tain macroeconomic environment andgenerally cautious market sentiment that continued to posechallenges to the industry, the Group has proactively adaptedand strived for breakthroughs. Through integration andexpansion in business market development, and optimizationof p ro d u c t a n d s e r v i ce of fe r in g s , t h e G ro u p a c hi e ve dsignificant progress in 2025. Notably, the Group recorded arevenue of approximately HK$55.6 million, marking a crucialmilestone. This revenue primarily derives from two businesssegments: sales of vehicle batteries and spare parts (HK$52.1million) and the newly launched sale and production of shortmovies business (HK$3.5 million), reflecting the effectivenessof the Group’s diversified business strategy. 55,600,00052,100,0003,500,000 In corporate governance, the Board completed a smoothrenewal of the director team, further enhancing decision-m a k i n g e f f i c i e n c y a n d r i s k m a n a g e m e n t . T h e A u d i t ,Remuneration, and Nomination Committees fulfilled theird u t i e s d i l i g e nt l y, e n s u r i n g co m p l i