世大控股2025-2026 年报, 及环境、社会及管治报告

GEM CHARACTERISTICS OF GEM OF THE STOCKEXCHANGE OF HONG KONG LIMITED (THE “STOCKEXCHANGE”) GEM GEM has been positioned as a market designed toaccommodate small and mid-sized companies towhich a higher investment risk may be attachedthan other companies listed on the Stock Exchange.Prospective investors should be aware of the potentialrisks of investing in such companies and shouldmake the decision to invest only after due and carefulconsideration. GEMGEMGEM Given that companies listed on GEM are generally smalland mid-sized companies, there is a risk that securitiestraded on GEM may be more susceptible to high marketvolatility than securities traded on the Main Board and noassurance is given that there will be a liquid market in thesecurities traded on GEM. Hong Kong Exchanges and Clearing Limited and the StockExchange take no responsibility for the contents of this report,make no representation as to its accuracy or completenessand expressly disclaim any liability whatsoever for any losshowsoever arising from or in reliance upon the whole or any partof the contents of this report. GEM This report, for which the directors of Great World CompanyHoldings Ltd (the “Company”) collectively and individually acceptfull responsibility, includes particulars given in compliancewith the Rules Governing the Listing of Securities on GEMof the Stock Exchange for the purpose of giving informationwith regard to the Company. The directors of the Company,having made all reasonable enquiries, confirm that to the bestof their knowledge and belief the information contained in thisreport is accurate and complete in all material respects andnot misleading or deceptive, and there are no other mattersthe omission of which would make any statement herein or thisreport misleading. CONTENTS Corporate Information2Chairman’s Statement4Biographical Details of Directors6Management Discussion and Analysis8Corporate Governance Report19Environmental, Social and Governance Report37Report of the Directors58Independent Auditors’ Report71Consolidated Statement of Profit or Loss78Consolidated Statement of Profit or Loss andOther Comprehensive Income80Consolidated Statement of Financial Position81Consolidated Statement of Changes in Equity83Consolidated Statement of Cash Flows84Notes to the Consolidated Financial Statements86Five-Year Financial Summary200 Corporate Information BOARD OF DIRECTORSExecutive DirectorsMr. Zhao XinyanMr. Zhang YanqiangMr. Gu Zhonghai Independent Non-executive DirectorsMr. Chung Koon YanMs. Zhao YongmeiMr. Jing Baoli COMPANY SECRETARYMs. Kwong May Wah, Eva AUTHORISED REPRESENTATIVESMr. Zhang YanqiangMs. Kwong May Wah, Eva AUDIT COMMITTEEMr. Chung Koon Yan(Chairman)Ms. Zhao YongmeiMr. Jing Baoli REMUNERATION COMMITTEEMs. Zhao Yongmei(Chairman)Mr. Zhao XinyanMr. Jing Baoli NOMINATION COMMITTEEMr. Zhang Yanqiang(Chairman)Ms. Zhao YongmeiMr. Jing Baoli P.O. Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands, British West Indies REGISTERED OFFICEP.O. Box 309 Ugland HouseGrand Cayman KY1-1104Cayman Islands, British West Indies 7214 HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESSOffice No. 4, 21st Floor Saxon Tower7 Cheung Shun StreetLai Chi KokKowloon, Hong Kong Corporate Information PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank Limited PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, 49 Market StreetCamana Bay, KY1-1110Grand Cayman, Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, 49 Market StreetCamana Bay, KY1-1110Grand Cayman, Cayman Islands HONG KONG BRANCH SHARE REGISTRARSAND TRANSFER OFFICE 18317M Computershare Hong Kong Investor Services Limited17M/F, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong 1131 AUDITORS HLB Hodgson Impey Cheng Limited31/F, Gloucester TowerThe Landmark11 Pedder StreetCentralHong Kong Maples and Calder1826 LEGAL ADVISERSAs to Cayman Islands Law:Maples and Calder26/F, Central Plaza18 Harbour Road, WanchaiHong Kong 881508–1513 As to Hong Kong Law:Ma Tang & Co Room 1508–1513Nan Fung Tower88 Connaught Road CentralCentralHong Kong http://www.gwchl.com WEBSITEhttp://www.gwchl.com Chairman’s Statement Dear Shareholders: On behalf of the board of directors (the “Board”) and themanagement of Great World Company Holdings Ltd (the“Company”, together with its subsidiaries collectively referredto as the “Group”), I am pleased to present to you the annualreport of the Group for the year ended 31 March 2026. The global economic environment during the reporting periodremained challenging, characterised by persistent geopoliticaltensions, ongoing trade disputes, and a notable slowdown inthe Chinese economy. The Chinese property market, which hashistorically been a significant contributor to economic growth,continued its protracted downturn, with nationwide primaryproperty sale