二零二五年报 奇士达控股有限公司

CONTENTS目錄 Corporate Information2Chairman’s Statement4Management Discussion and Analysis6Corporate Governance Report19Biographical Details of Directors and Senior Management37Report of Directors41Environmental, Social and Governance Report62Independent Auditor’s Report92Consolidated Statement of Profit or Loss and OtherComprehensive Income101Consolidated Statement of Financial Position102Consolidated Statement of Changes in Equity104Consolidated Statement of Cash Flows105Notes to the Consolidated Financial Statements107Five Year Financial Summary200 CORPORATE INFORMATION公司資料 董事會執行董事 Board of DirectorsExecutive Directors Mr. Yu Huang(Chairman and Chief Executive Officer)Mr. Zhu QiangMr. Hong Kun(appointed on 19 May 2025) 非執行董事 Non-executive DirectorMs. Zheng Jingyun 獨立非執行董事 Independent non-executive DirectorsMs. Huang ChunlianMs. Wang ShilingMr. Gong Lan 公司秘書 Company SecretaryMr. Kam Chun Ying, Francis 授權代表 Authorised RepresentativesMr. Yu HuangMr. Kam Chun Ying, Francis 審核委員會 Audit CommitteeMr. Gong Lan(Chairman)Ms. Wang ShilingMs. Huang Chunlian 薪酬委員會 Remuneration CommitteeMs. Wang Shiling(Chairlady)Mr. Zhu QiangMr. Gong LanMs. Huang Chunlian 提名委員會 Nomination Committee Ms. Huang Chunlian(Chairlady)Mr. Yu HuangMr. Zhu QiangMs. Wang ShilingMr. Gong Lan 核數師 Auditor McMillian Woods (Hong Kong) CPA Limited 註冊辦事處Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Registered OfficeCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 中國總辦事處及營業地點 Head Office and Place of Business in the PRCChengyanggang Road, Ancheng Highway Lianxia Town, Chenghai DistrictShantou City, GuangdongPRC 香港營業地點489222202 Place of Business in Hong KongUnit 2202, 22/F., Causeway Bay Plaza I489 Hennessy Road, Causeway BayHong Kong 主要股份過戶登記處 Principal Share Registrar and Transfer OfficeConyers Trust Company (Cayman) Limited Conyers Trust Company (Cayman)LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 香港股份過戶登記分處 Hong Kong Branch Share Registrar andTransfer Office 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 主要往來銀行 Principal Bankers Bank of China Limited Shantou BranchIndustrial Bank Co., Ltd. Shantou BranchLianshang Credit Cooperative of ShantouChenghai Rural Credit Cooperative Union 網站www.kidztech.net Website Addresswww.kidztech.net 股份代號6918 Stock Code6918 CHAIRMAN’S STATEMENT主席報告 Dear Shareholders, 本公司董事董事會本 集 團二 零 二 五財 政 年 度本 期 間 Onbehalf of the board(the“Boa r d”)of directors(the“Directors”)of Kidztech Holdings Limited(the“Company”),itis my pleasure to present to you the annual report of theCompanyand its subsidiaries(together the“Group”)for theyear ended 31 December 2025 (“FY2025” or the “period”). AIIPIP In 2025, the global economy, amid multiple challenges, exhibiteda complex interplay of slowing growth, intensifying divergence,andaccelerated transformation,resulting in a low grow thtrajectory worldwide. The imposition of “reciprocal tariffs” bythe United States raised its average effective tariff rate to themost stringent and highest levels, severely disrupting the normalfunctioning of the global trading system and intensifying tradefrictions and supply chain restructuring pressures. Furthermore,geopoliticalconflicts instigated by the United States directlyimpacted global energy prices and supply, inflicting heavy blowson the production costs of related industries and their overseasmarketexpansion.In contrast,the total economic output ofemerging markets and developing economies has shown a slightstabilization and upward trend. China‘s continuously expandingeconomic scale positions it to act as a supplier for global goods,services,and capital,fostering sustained market expansion.This robustly underpins the incremental demand from emergingeconomies,effectively offsetting the demand contractionpressures stemming from economic downturns in other regions.In 2025, the global toy market experienced a rebound in scale.However, growth was relatively subdued, with smart interactiveandmulti-value AI toys becoming the core driving force forthe traditional toy industry to break through homogeneity andachievedigital transformation.Concurrently,in recent years,consumer preferences have shifted. Driven by the emergenceof an increasing number of high-quality IPs, the global IP toyindustryhas continued its steady expansion.The Company,duringthese arduous operational times,remains committedto maintaining its market competitiveness and advancing withthetimes by creating fashionable and trendy toy trends andhot designs, leveraging our product technology advantages toachieve a quality enhancement strategy. Concurrently, we areactively expanding into industrial sectors such as high-end andgreen-related products and technologies, providing a diversifiedproduct portfolio and services. CHAIRMA