庄皇集团公司年报 2026

SANBASECORPORATIONLIMITED (Incorporated in the Cayman Islands with limited liability)Stock code8501 GEM CHARACTERISTICS OF GEM OF THESTOCK EXCHANGE OF HONG KONGLIMITED (THE “STOCK EXCHANGE”) GEM GEMhas been positioned as a market designed toa c c o m m o d a t es m a l l a n d m i d - s i z e d c o m p a n i e s t ow h i c ha h i g h e r i n v e s t m e n t r i s k m a y b e a t t a c h e dthanother companies listed on the Stock Exchange.Prospectiveinvestors should be aware of the potentialr i s k so f i n v e s t i n g i n s u c h c o m p a n i e s a n d s h o u l dmakethe decision to invest only after due and carefulconsideration. Giventhat the companies listed on GEM are generallysmalland mid-sized companies,there is a risk thatsecuritiestraded on GEM may be more susceptible tohigh market volatility than securities traded on the MainBoard and no assurance is given that there will be a liquidmarket in the securities traded on GEM. GEMGEMGEM HongKong Exchanges and Clearing Limited and the StockExchangetake no responsibility for the contents of thisannualreport,make no representation as to its accuracy orcompleteness and expressly disclaim any liability whatsoever forany loss howsoever arising from or in reliance upon the wholeor any part of the contents of this annual report. This annual report, for which the directors (the “Directors”) ofSanbase Corporation Limited (the “Company”) collectively andindividually accept full responsibility, includes particulars givenin compliance with the Rules Governing the Listing of Securitieson GEM of the Stock Exchange (the “GEM Listing Rules”) forthe purpose of giving information with regard to the Company.TheDirectors,having made all reasonable enquiries,confirmthat to the best of their knowledge and belief the informationcontained in this annual report is accurate and complete in allmaterial respects and not misleading or deceptive, and thereare no other matters the omission of which would make anystatement herein or this annual report misleading. GEMGEM Page 3 6 8 9 17 20 38 63 126 128 130 131 CORPORATE INFORMATION BOARD OF DIRECTORSExecutive DirectorsMr. Wong Sai Chuen(Chairman and Chief Executive Officer)Ms. Hui Man Yee, Maggie Independent Non-executive DirectorsMr. Cheung Chi Man, DennisMr. Law Chun YatMr. Siu Chi Wai AUDIT COMMITTEE Mr. Cheung Chi Man, Dennis(Chairman)Mr. Law Chun YatMr. Siu Chi Wai REMUNERATION COMMITTEE Mr. Cheung Chi Man, Dennis(Chairman)Mr. Law Chun YatMr. Siu Chi Wai NOMINATION COMMITTEE Mr. Wong Sai Chuen(Chairman)Ms. Hui Man Yee, MaggieMr. Cheung Chi Man, DennisMr. Law Chun YatMr. Siu Chi Wai COMPLIANCE OFFICERMr. Wong Sai Chuen COMPANY SECRETARYMs. Cheng Faye AUTHORISED REPRESENTATIVESMr. Wong Sai ChuenMs. Hui Man Yee, Maggie CORPORATE INFORMATION AUDITOR 7288 Baker Tilly Hong Kong LimitedCertified Public AccountantsRegistered Public Interest Entity AuditorLevel 8, 728 King’s RoadQuarry BayHong Kong 2LL Tower 7 LEGAL ADVISER KJ Tan & Co7/F, LL Tower2 Shelley StreetHong Kong PRINCIPAL BANKERS 1818 The Hongkong and Shanghai Banking Corporation Limited8/F, Lower Block, Grand Millennium Plaza181 Queen’s Road CentralHong Kong 1 Bank of China (Hong Kong) Limited1 Garden RoadHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Ascentium (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands Ascentium (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong CORPORATE INFORMATION PRINCIPAL PLACE OF BUSINESS ANDHEADQUARTERS IN HONG KONG 267-27516 16/F, Loon Kee Building267-275 Des Voeux Road CentralHong Kong REGISTERED OFFICE IN THE CAYMANISLANDS 4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands 4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands 8501 STOCK CODE8501 www.sclhk.com WEBSITEwww.sclhk.com Dear Shareholders, 20263 31 On behalf of the board (the “Board”) of Directors of SanbaseC o r p o r a t i o nL i m i t e d( “S a n b a s e C o r p o r a t i o n”o r t h e“Company”)and its subsidiaries(collectively the“Group”),Ihereby present the audited condensed consolidated results ofthe Group for the year ended 31 March 2026 (the “Year”). 2026313.5%17.7%82.0% Duringthe Year,the commercial property market in HongKongcontinued to face persistent headwinds.According toa market report from Jones Lang LaSalle (“JLL”), the overallvacancy rate for Grade A office buildings in Hong Kong remainshighat 13.5%as of March 2026.The market recovery wepreviously anticipated has yet to materialise, exerting sustainedoperationalpressure on the fit-out services industry.Facingsuch intense market competition, although the Group adoptedarelatively ag