新享时代2025年报

Stock code: 8519Incorporated in the Cayman Islands with limited liability CHARACTERISTICS OF GEM OF THE STOCKEXCHANGE OF HONG KONG LIMITED (THE“STOCK EXCHANGE”) GEM GEM has been positioned as a market designed to accommodatesmall and mid-sized companies to which a higher investmentriskmay be attached than other companies listed on theStock Exchange. Prospective investors should be aware of thepotential risks of investing in such companies and should makethe decision to invest only after due and careful consideration. GEM Given that the companies listed on GEM are generally smalland mid-sized companies, there is a risk that securities tradedon GEM may be more susceptible to high market volatility thansecurities traded on the Main Board and no assurance is giventhat there will be a liquid market in the securities traded onGEM. GEMGEMGEM Hong Kong Exchanges and Clearing Limited and the Stock Exchangetakeno responsibility for the contents of this report,make norepresentationas 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. This report, for which the directors (the “Directors”) of XinXiangEraGroup Company Limited(the“Company”)collectively andindividuallyaccept full responsibility,includes particulars given incompliance with the Rules Governing the Listing of Securities on GEMof the Stock Exchange (the “GEM Listing Rules”) for the purpose ofgiving information with regard to the Company and its subsidiaries(collectively, the “Group”). The Directors, having made all reasonableenquiries, confirm that to the best of their knowledge and belief, theinformation contained in this report is accurate and complete in allmaterial respects and not misleading or deceptive, and there are noother matters the omission of which would make any statement hereinor this report misleading. GEMGEM CONTENTS 2Corporate Information5Financial Highlights6Chairperson’s Statement8Management Discussion and Analysis20Biographies of Board of Directors27Corporate Governance Report57Environmental, Social and Governance Report100Report of the Board of Directors122Independent Auditor’s Report128Consolidated Statement of Profit or Loss andOther Comprehensive Income130Consolidated Statement of Financial Position132Consolidated Statement of Changes in Equity134Consolidated Statement of Cash Flows136Notes to the Consolidated Financial Statements236Five Years Financial Summary CORPORATE INFORMATION BOARD OF DIRECTORSEXECUTIVE DIRECTORS Ms. Wan Suet Yee CherryMr. Kong Linglei(Chief executive officer) NON-EXECUTIVE DIRECTORS Mr. Liu Enyu(Chairman)Mr. Peng Ben INDEPENDENT NON-EXECUTIVE DIRECTORS Ms. Ma LinaMs. Mao XiaobiMs. Deng Yongling GEM AUTHORISED REPRESENTATIVES (FOR THEPURPOSES OF THE GEM LISTING RULES) Ms. Wan Suet Yee CherryMs. Foo Man Yee, Carina(ACG, HKACG (PE))(resigned on 9 January 2025)Ms. Li On Lok (appointed on 9 January 2025) ACGHKACG (PE)202519202519 COMPLIANCE OFFICER Ms. Wan Suet Yee Cherry COMPANY SECRETARY Ms. Foo Man Yee, Carina(ACG, HKACG (PE))(resigned on 9 January 2025)Ms. Li On Lok (appointed on 9 January 2025) ACGHKACG (PE)202519202519 AUDIT COMMITTEE Ms. Deng Yongling(Chairperson)Ms. Mao XiaobiMs. Ma Lina REMUNERATION COMMITTEE Ms. Ma Lina(Chairperson)Ms. Mao XiaobiMs. Deng Yongling NOMINATION COMMITTEE Mr. Liu Enyu(Chairperson)Ms. Deng YonglingMs. Ma Lina LEGAL COMPLIANCE COMMITTEE Mr. Kong Linglei(Chairperson)Ms. Deng YonglingMs. Mao Xiaobi AUDITOR 11125 BDO LimitedCertified Public Accountants25th Floor, Wing On Centre111 Connaught Road CentralHong Kong LEGAL ADVISER AS TO HONG KONG LAW ZM Lawyers20/F, Central 88, Nos. 88-98 Des Voeux Road Central,Hong Kong ZM Lawyers889888 20 CORPORATE INFORMATION PRINCIPAL BANKER 8319 Hang Seng Bank Limited19/F83 Des Voeux Road CentralHong Kong REGISTERED OFFICE IN CAYMAN ISLANDS Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 399E Room E, 9/F, Kingview Plaza,No. 39 Sha Tsui Road,Tsuen Wan, N.T.,Hong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong www.xinxiangera.com WEBSITE OF THE COMPANY www.xinxiangera.com GEM8519 GEM STOCK CODE 8519 CHAIRPERSON’S STATEMENT Dear Shareholders, On behalf of the board of Director (the “Board”) of XinXiang EraGroup Company Limited (the “Company”), I am pleased to presentthe annual report of the Group for the year ended