AV CONCEPT HOLD年报2026

Financial Highlights財務重點 財務重點Financial Highlights Corporate Information公司資料 BOARD OF DIRECTORS Executive Directors Dr. So Yuk Kwan(Chairman)(resigned as Chief Executive Officer on 1 April 2026)Mr. So Chi On(appointed as Executive Director and Chief Executive Officeron 1 April 2026)Mr. So Kevin Chi HengMr. So Chi Sun Sunny PhDSBS Dr. Lui Ming Wah,PhD, SBS, JPMr. Lai Yat Hung EdmundMs. Au-Yeung Kit Ping CHIEF FINANCIAL OFFICER ANDCOMPANY SECRETARY Mr. Chan Chi Hang AUDIT COMMITTEE PhDSBS Mr. Lai Yat Hung Edmund(Chairman)Dr. Lui Ming Wah,PhD, SBS, JPMs. Au-Yeung Kit Ping REMUNERATION COMMITTEE PhDSBS Dr. Lui Ming Wah,PhD, SBS, JP(Chairman)Mr. Lai Yat Hung EdmundMs. Au-Yeung Kit Ping NOMINATION COMMITTEE PhDSBS Ms. Au-Yeung Kit Ping(Chairman)Dr. Lui Ming Wah,PhD, SBS, JPMr. Lai Yat Hung Edmund CORPORATE GOVERNANCE COMMITTEE PhDSBS Dr. Lui Ming Wah,PhD, SBS, JP(Chairman)Mr. Lai Yat Hung EdmundMs. Au-Yeung Kit Ping REGISTERED OFFICE P. O. Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands P. O. Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands 公司資料Corporate Information HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS 396 6th FloorEnterprise Square Three39 Wang Chiu RoadKowloon BayHong Kong PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedStandard Chartered Bank (Hong Kong) LimitedHang Seng Bank LimitedUnited Overseas Bank LimitedDBS Bank (Hong Kong) LimitedChong Hing Bank LimitedThe Bank of East Asia LEGAL ADVISOR Angela Ho & Associates AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor CAYMAN ISLANDS SHARE REGISTRAR Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE (BRANCH REGISTRAR) 1617 Tricor Investor Services Limited17th Floor, Far East Finance Centre,16 Harcourt Road,Hong Kong 595 STOCK CODE595 www.avconcept.com WEBSITEwww.avconcept.com CHAIRMAN’SSTATEMENT 主 席 致 辭 Chairman’s Statement主席致辭 On behalf of the Board of Directors, I am pleased to present the annual resultsof AV Concept Holdings Limited (“AV Concept” or the “Company”) togetherwith its subsidiaries (collectively referred to as the “Group”) for the yearended 31 March 2026 (the “year under review”). During the year under review, the global economy demonstrated reasonableresilience despite ongoing uncertainties. Inflationary pressures moderatedin many regions and monetary conditions gradually stabilised. Nevertheless,geopolitical tensions, trade disputes and policy uncertainties continued toinfluence business activity. Within the technology sector, consumer electronicsdemand remained uneven, while investment in artificial intelligence (“AI”),cloud computing and data-centre infrastructure continued to support growthin the semiconductor industry. Dr. So Yuk KwanChairman AV Concept Holdings LimitedAV Concept AI Chairman’s Statement主席致辭 1,334.81,190.0231.753.7114.413.2 The year under review marked a notable improvement in the operatingenvironment for the Group compared with the previous financial year.Supported by strengthening market conditions within the memorysemiconductor sector and disciplined execution across our businesses,the Group recorded revenue of approximately HK$1,334.8 million (2025:HK$1,190.0 million). Profit attributable to owners of the Company amountedto approximately HK$231.7 million (2025: HK$53.7 million), while gross profitwas approximately HK$114.4 million (2025: HK$13.2 million). DRAMNAND The Semiconductor Distribution Business, which remains the Group’s principalbusiness segment, benefited from a more favourable industry environmentduring the year under review. The global semiconductor industry experiencedone of its strongest growth periods in recent years, driven primarily bydemand for AI-related computing infrastructure and advanced memoryproducts. Demand for DRAM, NAND and other memory products improvedthroughout the year under review, supported by increasing investment indata centres, cloud computing platforms and AI applications. At the sametime, supply conditions remained relatively disciplined across the industry,contributing to healthier pricing conditions compared with the previousfinancial year. One of our subsidiary, AV Concept Singapore Pte Ltd (“AV Singapore”),continued to benefit from its long-standing relationship with SamsungElectronics, one of the world’s leading semiconductor manufacturers. TheGroup has maintained a successful partnership with Samsung Electronicsfor more than four decades, and we believe this relationship continuesto represent an important competitive advantage. Supported by prudentinventory management, disciplined working capital controls and closecollaboration with suppliers and customers, AV Singapore was able tonavigate the market effectively during