金达控股2025年年报

Corporate Information公司資料2 Chairman’s Statement主席報告書6 Five Year Financial Summary五年財務摘要10 Management Discussion and Analysis管理層討論及分析11 Directors and Senior Management董事及高級管理層28 Report of the Directors董事會報告34 Corporate Governance Report企業管治報告62 Independent Auditor’s Report獨立核數師報告94 Consolidated Statement of Profit or Loss合併損益表100 Consolidated Statement of Financial Position合併財務狀況表102 Consolidated Statement of Changes in Equity合併權益變動表104 Consolidated Statement of Cash Flows合併現金流量表105 Notes to Consolidated Financial Statements合併財務報表附註107 Corporate Information公司資料 董事會 BOARD OF DIRECTORS Executive Directors: 任維明先生（主席）張鴻文先生任中先生唐天橫先生（於二零二五年八月二十七日獲委任） Mr. Ren Weiming(Chairman)Mr. Zhang HongwenMr. Ren ZhongMr. Tang Tiangheng (appointed on 27 August 2025) 非執行董事： Non-executive Directors: 沈躍明先生（於二零二六年三月二十五日由執行董事調任為非執行董事）顏錦棠先生 Mr. Shen Yueming (re-designated from an executive director to anon-executive director with effect from 25 March 2026)Mr. Ngan Martin 獨立非執行董事： Independent non-executive Directors: 劉英傑先生嚴建苗先生（於二零二五年八月二十七日辭任）張嬋女士范磊先生 Mr. Lau Ying KitMr. Yan Jianmiao (resigned on 27 August 2025)Ms. Zhang ChanMr. Fan Lei 審核委員會 AUDIT COMMITTEE 劉英傑先生（主席）嚴建苗先生（於二零二五年八月二十七日辭任）范磊先生張嬋女士（於二零二五年八月二十七日獲委任） Mr. Lau Ying Kit(Chairman)Mr. Yan Jianmiao (resigned on 27 August 2025)Mr. Fan LeiMs. Zhang Chan (appointed on 27 August 2025) 薪酬委員會 REMUNERATION COMMITTEE 嚴建苗先生（主席）（於二零二五年八月二十七日辭任）張鴻文先生張嬋女士（於二零二五年八月二十七日獲委任為主席）范磊先生 Mr. Yan Jianmiao(Chairman)(resigned on 27 August 2025)Mr. Zhang HongwenMs. Zhang Chan(appointed as Chairman on 27 August 2025)Mr. Fan Lei 提名委員會任維明先生（主席）劉英傑先生張嬋女士 NOMINATION COMMITTEEMr. Ren Weiming(Chairman)Mr. Lau Ying KitMs. Zhang Chan 環境、社會及管治委員會任維明先生（主席）顏錦棠先生劉英傑先生張嬋女士 ESG COMMITTEE Mr. Ren Weiming(Chairman)Mr. Ngan MartinMr. Lau Ying KitMs. Zhang Chan 公司秘書陳仁君先生 COMPANY SECRETARYMr. Chan Yan Kwan Andy 本公司有關香港法律之法律顧問 LEGAL ADVISERS TO THE COMPANY AS TO HONGKONG LAW DLA Piper Hong Kong25th Floor, Three Exchange Square8 Connaught Place, Central, Hong Kong 歐華律師事務所香港中環康樂廣場八號交易廣場三期二十五樓 核數師安永會計師事務所執業會計師註冊公共利益實體核數師 AUDITORSErnst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor 授權代表任維明先生陳仁君先生 AUTHORISED REPRESENTATIVESMr. Ren WeimingMr. Chan Yan Kwan Andy 註冊辦事處 REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681 GTGrand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681 GTGrand Cayman KY1-1111Cayman Islands Corporate Information公司資料 中國總辦事處中國浙江省海鹽縣橫港鎮 HEADQUARTERS IN CHINAHenggang TownHaiyan CountyZhejiang ProvinceChina 香港主要營業地點香港銅鑼灣希慎道33號利園一期19樓1912室 PRINCIPAL PLACE OF BUSINESS IN HONG KONGRoom 1912, 19/F, Lee Garden One33 Hysan AvenueCauseway BayHong Kong 主要股份過戶登記處 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3,Building D, P.O. Box 1586Gardenia Court, 49 Market StreetCamana BayKY1-1110, Grand CaymanCayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3,Building D, P.O. Box 1586Gardenia Court, 49 Market StreetCamana BayKY1-1110, Grand CaymanCayman Islands 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 卓佳證券登記有限公司香港夏慤道16號遠東金融中心17樓 Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong 主要往來銀行中國銀行如皋支行中國銀行海鹽支行滙豐銀行 PRINCIPAL BANKERSBank of China, Rugao BranchBank of China, Haiyan BranchHSBC 股份代號00528 STOCK CODE00528 公司網站https://www.kingdom-china.com COMPANY WEBSITEhttps://www.kingdom-china.com 投資者關係聯繫方式電郵：ir@kingdom-china.com INVESTOR RELATIONS CONTACTEmail: ir@kingdom-china.com Chairman statement主席報告書 本人欣然提呈金達控股有限公司（「本公司」）及其附屬公司（統稱「金達」、「我們」或「本集團」）截至二零二五年十二月三十一日止年度（「年內」）的年報。 I am pleased to present the annual report of Kingdom HoldingsLimited (the “Company”) and its subsidiaries (collectively, “Kingdom”,“we”, “our” or the “Group”) for the year ended 31 December 2025(the “Year”). 中國一直專注經濟增長。然而，各國地緣政治緊張局勢持續交織。我們經歷跌宕起伏的一年。 China has been focusing on economic growth. However, geopoliticaltensions among different countries have continued to intertwine. Weexperienced the Year of roller coaster. The market price of raw materials and linen yarn both experiencedsharp correction in the fourth quarter of 2024 and carried on thesecond quarter of 2025. Driven by the growth of the linen consumermarket in China, linen yarn prices started to rebound since thesecond quarter of 2025 and gradually improving throughout the restof the Year. The Group recorded a sales growth of 4.1% during theYear, reaching RMB2.68 billion, the improved gross margin by 4.0percentage points. As a result, there was a profit of RMB62.3 millionfor the Year. 原 材 料 及 亞 麻 紗 的 市 場 價 格 於 二 零 二 四 年 第 四季度均經歷劇烈回調，並持續至二零二五年第二季度。受中國亞麻消費市場增長帶動，亞麻紗價格自二零二五年第二季度起開始反彈，並於年內餘下時間逐漸回升。本集團於年內錄得銷售增長4.1%，達人民幣26.8億元，毛利率增加4.0個百分點。因此，年內錄得溢利人民幣62.3百萬元。 金 達 已 將 環 境、社 會 及 管 治（「ESG」）因 素 納 入我們的業務戰略。我們不斷實施各種環保節能項目，提高運營效率，確保公司的可持續運營和長期成功。按每噸亞麻紗計算，年內電力、蒸汽及天然氣的消耗量分別減少4.8%、12.5%及15.5%，而按每噸計算的水消耗量與二零二四年相比則維持不變。上述改進乃歸功於工廠效率提升以及過去數年開展的各項改進項目。 Kingdom has in