（於百慕達註冊成立之有限公司） （股份代號：918） 有關截至二零二四年三月三十一日止年度 之年報之補充公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 茲提述龍翼航空科技控股有限公司（「本公司」）於二零二四年七月十日刊發之截至二 零二四年三月三十一日止年度之年報（「二零二四年年報」）。除非另有界定，否則 本公告所用詞彙應與二零二四年年報所界定者具有相同涵義。本公告提供有關二零 二四年年報之補充資料，並應與二零二四年年報一併閱讀。 購股權計劃 於二零二四年六月二十四日（即二零二四年年報之日期）根據該計劃可予發行之股份 總數連同其所佔已發行股份（不包括庫存股份）之百分比 根據該計劃可予發行77,540,600股股份，佔二零二四年六月二十四日已發行股份總 數1,114,069,159股股份之約6.96%。 – 1 – 上述額外資料並不影響二零二四年年報所載之其他資料。除上文所披露者外，二零 二四年年報內所有其他資料保持不變。 除二零二四年年報所提供之資 ...

Revenue Performance - The group recorded revenue of approximately HKD 18,100,000 for the reporting period, a decrease of about HKD 73,900,000 (80%) compared to approximately HKD 92,000,000 for the previous period[19]. - Revenue from the wholesale business decreased from approximately HKD 80,500,000 to approximately HKD 12,700,000, a reduction of about HKD 67,800,000 (84%) during the reporting period[19]. - Revenue from the drone accessories business was approximately HKD 4,300,000, a decrease of about HKD 5,400,000 (56%) from the previous period[19]. - Revenue from the property investment business decreased from approximately HKD 1,800,000 to approximately HKD 1,100,000, a reduction of about HKD 700,000 (39%) during the reporting period[19]. - The company reported revenue of HKD 18,143,000 for the six months ended September 30, 2024, a decrease of 80.3% compared to HKD 92,024,000 for the same period in 2023[75]. - The wholesale business generated revenue of HKD 12,727 thousand, while the drone business contributed HKD 4,312 thousand, indicating a shift in revenue sources[104]. - Revenue from the Hong Kong market was HKD 2,622 thousand for the six months ended September 30, 2024, down from HKD 22,533 thousand in 2023, reflecting a decline of approximately 88.4%[110]. - The group’s drone business reported a revenue of HKD 11,712 thousand for the six months ended September 30, 2024, compared to HKD 28,963 thousand in the previous year, a decrease of about 59.5%[110]. Profitability and Losses - The group achieved a gross profit of approximately HKD 5,900,000, down 71% from approximately HKD 20,000,000 in the previous period, with a gross margin of 33% compared to 22% previously[20]. - The gross profit and gross margin for the drone accessories business were approximately HKD 2,500,000 and 57%, representing a decrease of 34% compared to approximately HKD 3,800,000 in the previous period[21]. - The gross profit from property investment was approximately HKD 1,100,000, down 39% from approximately HKD 1,800,000 in the previous period, consistent with a decrease in revenue and occupancy rates[21]. - The company incurred a loss from continuing operations of HKD 16,405,000, compared to a loss of HKD 9,133,000 in the previous year, representing an increase in loss of 79.5%[78]. - The total loss for the period was HKD 16,405 thousand, compared to a profit in the previous year, indicating a significant downturn in financial performance[104]. - The company reported a net loss of HKD 1,071,000 for investment properties during the period, compared to a net gain of HKD 2,507,000 in the previous year[131]. Expenses and Cost Management - Sales and distribution expenses increased by 72% from approximately HKD 3,900,000 to approximately HKD 6,700,000, primarily due to the newly acquired drone accessories business since August 2023[24]. - Administrative expenses rose by 47% from approximately HKD 10,700,000 to approximately HKD 15,700,000, mainly attributed to the acquisition of a new subsidiary since August 2023[25]. - The total employee cost for the six months ending September 30, 2024, is approximately HKD 5,600,000, compared to HKD 3,300,000 for the same period last year, reflecting a significant increase[53]. - Employee costs for the six months ended September 30, 2024, totaled HKD 5,640,000, up from HKD 3,329,000 in the same period of 2023, reflecting a year-on-year increase of approximately 69.3%[115]. - The company reported a net interest expense of HKD 1,334,000 for the six months ended September 30, 2024, slightly up from HKD 1,314,000 in the same period of 2023[113]. Financial Position and Assets - Total assets decreased to HKD 380,720,000 as of September 30, 2024, from HKD 407,899,000 as of March 31, 2024, a decline of 6.7%[80]. - The company’s cash and cash equivalents stood at HKD 25,307,000, down from HKD 29,393,000, a decrease of 13.5%[80]. - The total equity attributable to the owners of the company decreased to HKD 270,627,000 as of September 30, 2024, down from HKD 284,231,000 as of March 31, 2024, representing a decline of approximately 4.8%[85]. - The company’s total non-current liabilities included deferred tax liabilities of HKD 5,767,000 as of September 30, 2024, slightly down from HKD 5,888,000 as of March 31, 2024[83]. - The company’s trade receivables aging analysis showed significant amounts overdue, with HKD 63,819,000 over one year as of September 30, 2024[136]. - The total amount of trade and other receivables was HKD 127,091 as of September 30, 2024, down from HKD 146,907 as of March 31, 2024, representing a decrease of about 13.5%[136]. Investments and Acquisitions - The acquisition of Shandong Longyi Aerotech Co., Ltd. was completed for approximately HKD 30,946,000, expanding the group's capabilities in the drone technology sector[14]. - The company completed the acquisition of Dragon Wing on August 1, 2023, for a total consideration of approximately HKD 30,946,000, which included the issuance of 154,731,827 shares[139]. - The identifiable net assets acquired from Dragon Wing amounted to HKD 23,592,000, resulting in goodwill of HKD 13,544,000[139]. - The company has not made any significant investments during the six months ending September 30, 2024[54]. Market and Strategic Outlook - The group plans to monitor the performance of the property market in Hong Kong and China and consider restructuring its property portfolio when suitable opportunities arise[17]. - The group recognizes the potential for high-tech business opportunities in the drone sector, aiming to capitalize on expected investment returns[15]. - The group intends to adopt a cautious approach in the wholesale business by regularly reviewing price ranges to maintain current profit levels and customer base[11]. - There are no indications of market expansion or acquisitions mentioned in the current financial report[90]. Corporate Governance and Compliance - The company maintained compliance with the corporate governance code as of September 30, 2024[67]. - The audit committee reviewed and approved the interim financial results, ensuring compliance with applicable accounting standards[73]. - There were no reported interests in competing businesses by the company’s directors during the reporting period[71]. Shareholder Information - The shareholding structure indicates that Mr. Zhang holds 48.43% of the issued share capital, while Mr. Yang and Mr. Wang each hold 13.56%[59]. - The stock option plan, effective since September 28, 2017, has not resulted in any options being granted or exercised during the six months ending September 30, 2024[57].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 18,143,000, a decrease of 80.3% compared to HKD 92,024,000 for the same period in 2023[4] - Gross profit for the same period was HKD 5,932,000, down 70.4% from HKD 20,020,000 year-on-year[4] - Operating loss increased to HKD 15,214,000, compared to a loss of HKD 7,262,000 in the previous year, reflecting a 109.4% increase in losses[4] - Loss attributable to owners of the company from continuing operations was HKD 16,405,000, compared to HKD 9,133,000 in the prior year, representing an increase of 79.5%[6] - The group reported a segment operating loss of HKD 13,001,000 for the six months ended September 30, 2024, compared to a loss of HKD 3,655,000 for the same period in 2023[26] - The group incurred a pre-tax loss of HKD 16,548,000 for the six months ended September 30, 2024, compared to a pre-tax loss of HKD 1,301,000 in the previous year[26] - The company reported a pre-tax loss of HKD 16,405,000 for the six months ended September 30, 2024, compared to a loss of HKD 1,858,000 in the same period last year, indicating a significant increase in losses[44] - The gross profit was approximately HKD 5,900,000, a decrease of 71% from approximately HKD 20,000,000 in the previous period, with a gross margin of 33%[88] Assets and Liabilities - Total assets decreased to HKD 380,720,000 from HKD 407,899,000, a decline of 6.7%[8] - The company reported a net asset value of HKD 270,627,000 as of September 30, 2024, down from HKD 284,231,000[10] - The company’s cash and bank balances were HKD 25,307,000, a decrease from HKD 29,393,000[8] - Total assets increased from HKD 380,720,000 to HKD 407,899,000, representing a growth of approximately 7.4%[31] - The total liabilities increased from HKD 110,093,000 to HKD 123,668,000, indicating a rise of approximately 12.3%[31] - Trade receivables amounted to HKD 178,946,000 as of September 30, 2024, down from HKD 199,568,000 as of March 31, 2024[55] - The total amount of trade and other receivables was HKD 127,091,000 as of September 30, 2024, compared to HKD 146,907,000 as of March 31, 2024[55] - As of September 30, 2024, the total trade and other payables amounted to HKD 50,706,000, a decrease from HKD 57,032,000 as of March 31, 2024, representing a reduction of approximately 8.5%[65] Revenue Breakdown - For the six months ended September 30, 2024, the group's revenue from wholesale consumer goods was HKD 12,727,000, a decrease of 84.2% compared to HKD 80,516,000 for the same period in 2023[20] - Revenue from drone sales and related accessories for the six months ended September 30, 2024, was HKD 4,312,000, down 55.7% from HKD 9,738,000 in the prior year[20] - Revenue from the wholesale business for the six months ended September 30, 2024, was HKD 18,143,000, a decrease from HKD 92,024,000 in the previous year[33] - Revenue from wholesale business decreased by approximately HKD 67,800,000 (84%) to approximately HKD 12,700,000 during the reporting period[87] Operational Focus - The company continues to focus on the wholesale and retail of consumer products, including watches and apparel, as well as drone sales and property investment[12] - The group continues to focus on its core business segments, including wholesale consumer goods, property investment, and drone sales, with ongoing evaluations of market conditions[22] - The company aims to monitor the performance of the property market in Hong Kong and China and consider restructuring its property portfolio when suitable opportunities arise[86] - The company is committed to enhancing its operational strategies and exploring new market opportunities to improve future performance[22] Employee and Costs - Employee costs rose to HKD 5,640,000 in the current period, compared to HKD 3,329,000 in the previous year, marking an increase of approximately 69.3%[36] - The company incurred a cost of sales amounting to HKD 12,069,000 for the current period, down from HKD 66,155,000 in the previous year, reflecting a reduction in operational costs[36] Shareholder Information - No interim dividend was recommended for the six months ended September 30, 2024, consistent with the previous year[48] - The weighted average number of ordinary shares used to calculate basic and diluted loss per share increased to 1,114,069,000 shares in 2024 from 852,632,000 shares in 2023[46] - The company issued 185,678,193 shares at a placement price of HKD 0.180 per share, successfully completing the placement on September 4, 2023[63] - The net proceeds from the placement of new shares amounted to approximately HKD 32.6 million, with a placement price of HKD 0.180 per share[112] Market Conditions - The company reported a cautious approach to its wholesale business due to declining retail sales in Hong Kong, which fell by 8.7% year-on-year in September 2024[79] - The company’s revenue from the wholesale business in China and Hong Kong declined during the reporting period, prompting a review of pricing strategies to maintain profit levels[80] - The company’s management discussed the impact of external factors such as extreme weather and weak consumer demand on its business performance during the reporting period[79] Governance and Compliance - The audit committee has reviewed and approved the interim financial performance, ensuring compliance with applicable accounting standards and regulations[130] - The report will detail the company's financial performance and strategic direction[131] - The company aims to enhance shareholder value through effective governance and operational efficiency[131] - The board of directors is focused on long-term growth and sustainability initiatives[131] - The company will continue to monitor market trends and adjust strategies accordingly[131]

Financial Performance - The company reported revenue of approximately HKD 246 million for the fiscal year ending March 31, 2024, representing a 19.1% increase from HKD 206.5 million in the previous year[5]. - Gross profit for the year was approximately HKD 55.3 million, an increase of about HKD 17.5 million compared to HKD 37.8 million in the prior year[5]. - The loss attributable to the company's owners was approximately HKD 58.4 million, an increase of about HKD 33.7 million from a loss of HKD 24.7 million in the previous year[5]. - Revenue from the wholesale business decreased by approximately 46.8% to HKD 107.9 million, primarily due to a 63.9% drop in sales of ready-made and sports apparel products[29]. - The company generated approximately HKD 134.5 million in revenue from the drone business since the acquisition was completed[30]. - The gross profit increased by approximately 46.2% to HKD 55.3 million, with a gross margin of 22.5%, up from 18.3% in the previous year[32]. - The company recorded a significant increase in expected credit loss provisions, rising 617.5% to approximately HKD 69.6 million due to difficulties faced by major customers[36]. - The fair value change of investment properties resulted in a net loss of approximately HKD 3.1 million, compared to a net loss of HKD 1.6 million in the previous year[37]. - Cash and bank balances totaled approximately HKD 29.4 million as of March 31, 2024, compared to HKD 15.5 million a year earlier[44]. Business Strategy and Operations - The company has adopted a cautious approach towards its wholesale and drone businesses due to external economic uncertainties, including geopolitical conflicts and inflation risks[6]. - The company aims to hold properties for rental income while monitoring the performance of the property market in Hong Kong and China for potential portfolio restructuring opportunities[6]. - The acquisition of a new subsidiary has allowed the company to expand its drone business, which is seen as a horizontal expansion to enhance revenue sources[9]. - The company plans to regularly review its product lines to maintain existing profit margins and stabilize its customer base[6]. - The company completed the acquisition of Sinoforce Group Limited in June 2022, expanding its wholesale business in watches and accessories, which are exclusive distributors for brands like GIRARD-PERREGAUX and JEANRICHARD in Hong Kong, Taiwan, and China[23]. - The company anticipates that the new product line from Sinoforce will enhance revenue sources and establish a platform for collaboration with internationally recognized consumer brands[23]. - The company is facing challenges from global economic slowdowns, impacting revenue from both Chinese and African markets during the reporting period[24]. - The company is actively involved in property investment as part of its business operations[22]. - The company plans to continue expanding its drone business and diversify its operations to enhance shareholder returns[40][41]. Management and Governance - The company has a strong management team with extensive experience in finance, investment activities, and corporate strategy[15][19]. - The board of directors includes Mr. Zhang as Chairman and Mr. Yang as CEO, both appointed on August 22, 2023[102]. - The independent non-executive directors include Ms. Cai, Ms. He, and Mr. Jie, with Mr. Jie appointed on April 29, 2024[102]. - The company has established written guidelines for senior management and employees regarding securities trading compliance[141]. - The board consists of six directors, including three executive directors and three independent non-executive directors, ensuring compliance with independence requirements[143]. - The company emphasizes the importance of training and continuous professional development for its directors and senior management[154]. - The audit committee is tasked with overseeing the relationship with external auditors and ensuring their independence[161]. - The company has established a comprehensive internal control and risk management system to safeguard its operations[161]. - The board's commitment to governance practices is reflected in its regular reviews and updates of corporate governance policies[154]. Shareholder Information - The largest customer accounted for 34% of sales in the fiscal year ending March 31, 2024, up from 18% in the previous year, while the top five customers collectively represented 71% of sales[78]. - The largest supplier contributed 26% to procurement in the fiscal year ending March 31, 2024, compared to 28% in the previous year, with the top five suppliers accounting for 87% of procurement[78]. - The company does not recommend the payment of dividends for the fiscal year ending March 31, 2024, maintaining a dividend of zero HKD from the previous year[83]. - As of March 31, 2024, the company had no distributable reserves, consistent with the previous year[94]. - The company has bank borrowings of HKD 41.954 million due within one year as of March 31, 2024[99]. - The net asset value per share from the placement was approximately HKD 0.176[69]. - The remaining unutilized net proceeds are held in short-term deposits with licensed banks to generate higher returns[71]. - Shareholders holding at least 10% of the paid-up capital have the right to request a special general meeting[183]. Risk Management and Compliance - The company will continue to monitor the global economic landscape, which remains complex and uncertain, impacting various industries and consumer confidence[6]. - The company has complied with relevant laws and regulations that could significantly impact its business and operations during the review year[133]. - The audit committee and board of directors reviewed the internal control and risk management systems, concluding they are effective and sufficient[179]. - The company has implemented continuous internal control and risk management review measures as recommended by the external consultant[179]. - The management's assessment of expected credit losses for trade receivables and lease receivables involves significant judgment and estimation, identifying it as a key audit matter[192]. - The independent auditor assessed the appropriateness of assumptions used in property valuation adjustments based on market transactions and rental values[191]. Employee and Operational Metrics - The company employed a total of 106 employees as of March 31, 2024, with total employee costs amounting to approximately HKD 10.2 million, up from HKD 6.2 million in the previous year[66]. - Administrative expenses increased by approximately 78.2% to HKD 31 million, primarily due to the acquisition of new subsidiaries[35]. - As of March 31, 2024, the current assets to current liabilities ratio is approximately 1.8, compared to 1.6 on March 31, 2023[46]. - The debt-to-equity ratio remains stable at approximately 14.8% as of March 31, 2024, with total bank and other borrowings of approximately HKD 42 million and total equity of approximately HKD 284.2 million[46]. Audit and Financial Reporting - The consolidated financial statements for the fiscal year ending March 31, 2024, were audited by Gao Ling CPA Limited, which is eligible and willing to be reappointed[137]. - The audit committee held three meetings during the year ending March 31, 2024[124]. - The external auditor's fees for audit services amounted to approximately HKD 650,000 for the year ending March 31, 2024[174]. - The audit report confirmed that the consolidated financial statements fairly reflect the group's financial position as of March 31, 2024[185]. - The independent auditor's report does not cover other information outside the consolidated financial statements[197].

Revenue and Profitability - The group's revenue from property investment remained stable at approximately HKD 3.6 million for the year, compared to HKD 3.8 million in the previous year[7]. - The gross profit from the drone accessories business was approximately HKD 57.5 million, with a gross profit margin of 42.8%[8]. - Revenue from wholesale business for garment customer A was HKD 29.3 million, down from HKD 39.0 million in the previous year, representing a decrease of approximately 25.5%[36]. - Revenue for the year ended March 31, 2024, increased to HKD 245,978,000 from HKD 206,538,000, representing a growth of approximately 19.1%[47]. - Gross profit rose to HKD 55,349,000, up from HKD 37,787,000, reflecting a significant increase of about 46.5%[47]. - Total revenue for the year 2024 reached HKD 245,978,000, an increase from HKD 206,538,000 in 2023, representing a growth of approximately 19.1%[79]. - Sales of drone products and related accessories amounted to HKD 134,508,000, with no prior year comparison available[79]. - Revenue from watch products was HKD 76,210,000, down from HKD 115,109,000 in the previous year, reflecting a decline of approximately 33.8%[79]. - Revenue from garment and sportswear exports was HKD 31,642,000, a decrease from HKD 48,469,000 in 2023, indicating a decline of about 34.6%[79]. - The company reported a total operating loss of HKD 57,987,000 for the year 2024, compared to a profit of HKD 2,717,000 in 2023[84]. - The company reported a pre-tax loss of HKD 67,246,000 for the year, with a loss from continuing operations amounting to HKD 66,577,000[96]. - The company reported a loss attributable to owners of the company of HKD 58,364,000 for the year 2024, compared to a loss of HKD 24,652,000 in 2023, indicating a significant increase in losses[128]. Expenses and Liabilities - Administrative expenses increased by approximately 78.2% to about HKD 31 million, primarily due to the acquisition of new subsidiaries during the year[10]. - The company reported a significant increase in administrative expenses, which rose to HKD 30,956,000 from HKD 17,414,000, an increase of about 77.8%[47]. - The company's total borrowings amounted to approximately HKD 420 million as of March 31, 2024, compared to HKD 410 million in the previous year[16]. - The company's total liabilities included trade and other payables of HKD 29,731,000 in 2024, down from HKD 96,710,000 in 2023[118]. - The expected credit loss under the credit loss model increased by 617.5% from approximately HKD 9.7 million in the previous year to about HKD 69.6 million this year, primarily due to difficulties in repayment from five major customers[181]. - Financial expenses rose by approximately 114.3% from about HKD 1.4 million in the previous year to approximately HKD 3 million this year, mainly due to floating rate loans influenced by the international financial market[183]. Assets and Investments - Non-current assets totaled HKD 194,878,000, an increase from HKD 144,661,000 year-over-year[57]. - Current assets decreased to HKD 213,021,000 from HKD 347,969,000, a decline of about 38.8%[57]. - The company's net asset value increased to HKD 284,231,000 from HKD 276,205,000, reflecting a growth of approximately 2.9%[50]. - The company’s investment properties were valued at approximately HKD 95.9 million as of March 31, 2024[153]. - The company recognized inventory costs of HKD 190,498,000 in 2024, up from HKD 162,798,000 in 2023, marking an increase of about 17%[128]. - The fair value change of investment properties resulted in a loss of HKD 3,115,000 in 2024, compared to a loss of HKD 1,629,000 in 2023[129]. Strategic Initiatives - The group aims to diversify its business and seek new opportunities to generate better returns for shareholders[14]. - The company has diversified its business into consumer products, drones, and property investment, indicating a strategic expansion into new markets[51]. - The company completed the acquisition of Shandong Longyi Aviation Technology Co., Ltd. for approximately HKD 30,946,000 on August 1, 2023, enhancing its capabilities in drone research and development[80]. - The company completed the acquisition of Long Wing Group for a total consideration of approximately HKD 30,946,000, with the transaction finalized on August 1, 2023[136]. - The company has expanded its product line by acquiring Sinoforce Group Limited, which is the exclusive distributor of certain luxury watch brands in Hong Kong, Taiwan, and China[151]. Market Performance and Future Outlook - The company plans to continue expanding its market presence, particularly in the African and Middle Eastern regions, where revenues were HKD 31,642,000 and HKD 58,411,000 respectively[99]. - The company plans to hold properties for rental income while monitoring the performance of the property market in Hong Kong and China for potential restructuring opportunities[184]. - The company currently has no foreign exchange and interest rate hedging policies but will consider hedging significant risks as needed[190]. - The company has established financial risk management policies to ensure the settlement of all receivables and payables within the credit period[188]. Compliance and Reporting - The company has applied revised Hong Kong Financial Reporting Standards, which may impact future financial reporting[52]. - The company’s financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards, ensuring compliance with applicable disclosure requirements[77].

Revenue and Profitability - Revenue for the reporting period was approximately HKD 92,000,000, a decrease of about HKD 37,500,000 (29.0%) compared to the previous period's HKD 129,500,000[19] - Revenue from wholesale business decreased from approximately HKD 127,500,000 to about HKD 80,500,000, a decline of approximately HKD 47,000,000 (36.9%)[11] - The gross profit for the reporting period was approximately HKD 20,000,000, down about 21.3% from HKD 25,400,000 in the previous period, with a gross margin of 21.8%[21] - The group recorded a gross profit of approximately HKD 14.4 million and a gross profit margin of 17.9% in the wholesale business, a decrease of approximately 38.5% compared to the previous period's gross profit of approximately HKD 23.4 million[44] - The gross profit for the same period was HKD 20,020,000, down from HKD 25,360,000, reflecting a decline in gross margin[97] - The company reported a loss of HKD 9,133,000 for the period, with significant losses in the apparel segment amounting to HKD 11,788,000[192] Acquisitions and Investments - The acquisition of Shandong Longyi Aviation Technology Co., Ltd. was completed for approximately HKD 30,946,000, aimed at expanding the drone technology business[17] - The group completed the acquisition of all issued shares of Long Wing for a total consideration of approximately HKD 30.95 million on August 1, 2023[38] - The acquisition of Shandong Longyi Aviation Technology Co., Ltd. was completed on August 1, 2023, for a total consideration of approximately HKD 30,946,000, enhancing the company's capabilities in drone research and development[188] - The group acquired property, plant, and equipment amounting to approximately HKD 879,000 during the six months ended September 30, 2023, compared to HKD 78,000 in the same period of 2022, reflecting a substantial increase in capital expenditure[178] Financial Position - Bank borrowings increased to approximately HKD 60,300,000 as of September 30, 2023, from HKD 41,000,000 as of March 31, 2023[27] - The current ratio improved to approximately 1.8 from 1.6, despite the increase in bank borrowings[27] - As of September 30, 2023, the group's total cash and bank balances amounted to approximately HKD 43.6 million, an increase from approximately HKD 15.5 million as of March 31, 2023[49] - The company's total assets amounted to HKD 552,419,000, an increase from HKD 492,630,000 as of March 31, 2023, representing a growth of approximately 12.1%[75] - The company's non-current assets increased to HKD 190,785,000 from HKD 144,661,000, reflecting a growth of about 31.9%[75] - Current liabilities decreased to HKD 201,058,000 from HKD 214,256,000, showing a reduction of approximately 6.1%[75] - The company's net asset value as of September 30, 2023, was HKD 344,645,000, up from HKD 276,205,000, indicating an increase of around 24.7%[76] Cash Flow and Expenses - The net cash flow used in operating activities was HKD (49,905,000), compared to HKD (42,196,000) in the prior period, indicating increased cash outflow[117] - Cash flow from investing activities generated HKD 25,257,000, a recovery from a cash outflow of HKD (8,201,000) in the previous year, primarily due to the acquisition of a subsidiary[117] - The company raised HKD 32,600,000 from share placements, net of transaction costs, contributing to a net cash flow from financing activities of HKD 45,420,000, up from HKD 23,910,000 in the prior period[117] - Financial expenses increased by approximately 550% to HKD 1,300,000 due to rising interest rates globally[24] - Administrative expenses increased by approximately 35.4% to approximately HKD 10.7 million during the reporting period, primarily due to the acquisition of a new subsidiary[45] Investment Properties - The value of investment properties as of September 30, 2023, was approximately HKD 101,200,000[18] - The fair value change of investment properties during the reporting period was approximately HKD 2.5 million, reflecting adjustments in property values in Hong Kong and China[47] - The fair value of investment properties as of September 30, 2023, was HKD 101,190,000, with a fair value change of HKD 2,507,000 recognized during the period[179] - The net income from investment properties for the six months ended September 30, 2023, was approximately HKD 2,507,000, compared to HKD 1,327,000 for the same period in 2022, representing an increase of 88.9%[148] Corporate Governance - The company has complied with the corporate governance code as per the listing rules for the six months ending September 30, 2023[66] - The company has adopted the standard code of conduct and confirmed that all directors complied with the regulations during the reporting period[67] - The audit committee, consisting of three independent non-executive directors, oversees the financial reporting process and risk management[94] - The financial statements for the period have been reviewed and approved by the audit committee, ensuring compliance with applicable accounting standards[95] Dividends and Shareholder Information - The company does not recommend declaring any interim dividend for the six months ended September 30, 2023[28] - The group did not recommend the payment of an interim dividend for the six months ended September 30, 2023, consistent with the previous year[176] - The company’s major shareholder, Always Profit, holds 527,238,938 shares, representing approximately 47.32% of the issued share capital[90] Market Strategy - The company is adopting a cautious approach towards its apparel business due to ongoing economic challenges and will regularly review its product lines to maintain profit margins[144] - The company aims to leverage its new acquisition to strengthen its position in the growing drone market, which is expected to drive future revenue growth[188] - The company is focusing on market expansion through strategic acquisitions and enhancing its product offerings in the drone sector[188]

香港交易及結算所有限公司及香港聯合交易所有限公司對公告內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致之任何損失承擔任何責任。 STATE ENERGY GROUP INTERNATIONAL ASSETS HOLDINGS LIMITED 國 能 集 團 國 際 資 產 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：918） 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 國能集團國際資產控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈 本公司及其附屬公司（統稱「本集團」）截至二零二三年九月三十日止六個月（「報告期 間」）之未經審核綜合財務業績，連同二零二二年同期之比較數字。 ...

關連交易 於回顧年度內，本公司並無進行任何按上市規則第14A章所界定的關連交易或持續關連交易，而須根據上 市規則遵守有關申報、公佈或獨立股東批准的規定。於日常業務過程中進行的關連方交易詳情載於綜合財 務報表附註39。該等關連方交易概不構成上市規則所界定的須予披露關連交易。 符合相關法律法規 據董事所知，本集團於回顧年度內已遵守可能會對本集團的業務和營運產生重大影響的相關法律法規。 27 國 能 集 團 國 際 資 產 控 股 有 限 公 司 | 2022/23 年 報 董事會報告 獨立非執行董事之確認 本公司已接獲各獨立非執行董事蔡女士、陳先生及何女士根據上市規則第 3.13條作出之年度獨立身分確認 書。本公司認為全體獨立非執行董事均屬獨立人士。 足夠公眾持股量 本公司於截至二零二三年三月三十一日止年度內一直維持足夠公眾持股量。 核數師 截至二零二三年三月三十一日止年度之綜合財務報表已由先機審核，彼將於二零二三年股東週年大會結束 時任滿告退，且符合資格並願意接受重新委聘。於即將舉行之股東週年大會上，將就續聘先機為獨立核數 師向股東提呈一項決議案。 代表董事會 主席兼執行董事 張金兵 香港，二零二三年六月二十六 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 STATE ENERGY GROUP INTERNATIONAL ASSETS HOLDINGS LIMITED 國 能 集 團 國 際 資 產 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：918） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 全 年 業 績 公 告 國能集團國際資產控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及 其附屬公司（「本集團」）截至二零二三年三月三十一日止年度之經審核綜合業績，以及根據 香港公認會計原則編製的去年比較數字如下： ...

State Energy Group International Assets Holdings Limited 國 能 集 團 國 際 資 產 控 股 有 限 公 司 (於百慕遴註冊成立之有限公司) 股份代號：918 中 期 報 告 2022 目錄 1 公司資料 2 管理層論述 3 管理層討論及分析 9 其他資料 14 簡明綜合損益及其他全面收益表 16 簡明綜合財務狀況表 18 簡明綜合權益變動表 19 簡明綜合現金流量表 20 簡明綜合財務報表附註 公司資料 | --- | --- | |-------------------------------------------|-----------------------------------| | 董事 | 主要往來銀行 | | 執行董事： | 香港上海滙豐銀行有限公司 | | 張金兵先生 （主席） | 交通銀行 | | 田文喜先生 （於二零二二年十月十七日辭任） | 恒生銀行有限公司 大眾銀行（香港） | | 吳庭軍先生 | 律師 | | 獨立非執行董事： | 百慕達： | | 陳從虎先生 | Conyers Dill & Pearman | | ...