KML Technology Group Limited — Interim / Quarterly Report 2020

Aug 9, 2019

KML Technology Group Limited 高萌科技集團有限公司

(Incorporated in the Cayman Islands with limited liability)

（於開曼群島註冊成立之有限公司） Stock Code 股份代號 : 8065

First Quarterly Report 第一季度報告2019

CHARACTERISTIC OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE “STOCK EXCHANGE”)

GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.

Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.

Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report.

This report, for which the directors (the “ Director(s) ”) of KML Technology Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ” or “ We ”) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange (the “ GEM Listing Rules ”) for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this report is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this report misleading.

This report, in both English and Chinese versions, is available on the Company’s website at www.kml.com.hk.

香港聯合交易所有限公司（「聯交 所」）GEM 的特色

GEM 的定位，乃為中小型公司提供一個 上市的市場，此等公司相比起其他在聯交 所上市的公司帶有較高投資風險。有意投 資的人士應了解投資於該等公司的潛在風 險，並應經過審慎周詳的考慮後方作出投 資決定。

由於 GEM 上市公司普遍為中小型公司， 在GEM買賣的證券可能會較於主板買賣之 證券承受較大的市場波動風險，同時無法 保證在GEM買賣的證券會有高流通量的市 場。

香港交易及結算所有限公司以及聯交所對 本報告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不 就因本報告全部或任何部分內容而產生或 因倚賴該等內容而引致之任何損失承擔任 何責任。

本報告的資料乃遵照聯交所的GEM證券上 市規則（「 GEM上市規則 」）而刊載，旨在提 供有關高萌科技集團有限公司（「 本公司 」連 同其附屬公司「 本集團 」或「 我們 」）的資料； 本公司董事（「 董事 」）願就本報告共同及個 別地承擔全部責任。董事在作出一切合理 查詢後，確認就其所知及所信，本報告所 載資料在各重要方面均屬準確完備，沒有 誤導或欺詐成份，且並無遺漏任何事項， 足以令致本報告或其所載任何陳述產生誤 導。

本報告的英文本及中文本已登載於本公司 網站www.kml.com.hk。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 1 二零一九年第一季度報告

CONTENTS 目錄

	Page
	頁次
Corporate Information	3
公司資料
Financial Highlights	6
財務摘要
Condensed Consolidated Statement of Profit or
Loss and Other Comprehensive Income	7
簡明綜合損益及其他全面收益表
Condensed Consolidated Statement of Changes in Equity	8
簡明綜合權益變動表
Notes to the Condensed Consolidated Financial Statements	9
簡明綜合財務報表附註
Management Discussion and Analysis	15
管理層討論及分析
Corporate Governance and Other Information	18
企業管治及其他資料

2 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

CORPORATE INFORMATION

BOARD OF DIRECTORS

Executive Directors

Mr. Luk Kam Ming (Chairman) Mr. Chan Chak Lun Philip (Chief executive officer) Mr. Luk Kwai Lung Mr. Luk Yin Cheung

Independent Non-executive Directors

Mr. Lau On Kwok Mr. Law Wing Chi Stephen Dr. Tse Chi Kong

Audit Committee

Mr. Lau On Kwok (Chairman) Mr. Law Wing Chi Stephen Dr. Tse Chi Kong

Remuneration Committee

Dr. Tse Chi Kong (Chairman) Mr. Lau On Kwok Mr. Luk Kam Ming

Nomination Committee

Mr. Luk Kam Ming (Chairman) Mr. Law Wing Chi Stephen Dr. Tse Chi Kong

Risk Management Committee

Mr. Law Wing Chi Stephen (Chairman) Mr. Chan Chak Lun Philip Mr. Lau On Kwok Mr. Luk Kwai Lung Mr. Luk Yin Cheung

公司資料

董事會

執行董事

陸鑑明先生（主席） 陳澤麟先生（行政總裁） 陸季農先生 陸彥彰先生

獨立非執行董事

劉安國先生 羅永志先生 謝智剛博士

審核委員會

劉安國先生（主席） 羅永志先生 謝智剛博士

薪酬委員會

謝智剛博士（主席） 劉安國先生 陸鑑明先生

提名委員會

陸鑑明先生（主席） 羅永志先生 謝智剛博士

風險管理委員會

羅永志先生（主席） 陳澤麟先生 劉安國先生 陸季農先生 陸彥彰先生

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 3 二零一九年第一季度報告

AuTHORISED REPRESENTATIvES

Mr. Luk Kwai Lung Ms. Woo Siu Wai

COMPANy SECRETARy

Ms. Woo Siu Wai

COMPLIANCE OFFICER

Mr. Luk Yin Cheung

AuDITOR

Deloitte Touche Tohmatsu Certified Public Accountants 35/F, One Pacific Place 88 Queensway Hong Kong

COMPLIANCE ADvISER

Kingsway Capital Limited 7th Floor Tower One, Lippo Centre 89 Queensway Hong Kong

REGISTERED OFFICE

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands

HEADquARTERS AND PRINCIPAL PLACE OF BuSINESS IN HONG KONG

B12, G/F Shatin Industrial Centre Siu Lek Yuen Road Shatin, New Territories Hong Kong

法定代表

陸季農先生 胡劭卉女士

公司秘書

胡劭卉女士

合規主任

陸彥彰先生

核數師

德勤 • 關黃陳方會計師行 執業會計師 香港 金鐘道 88 號 太古廣場 1 期 35 樓

合規顧問

滙富融資有限公司 香港 金鐘道 89 號 力寶中心第一座 7 樓

註冊辦事處

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands

香港總部及主要營業地點

香港 新界沙田 小瀝源路 沙田工業中心 地下 B12 室

4 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN THE CAyMAN ISLANDS

Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands

HONG KONG SHARE REGISTRAR

Tricor Investor Services Limited Level 54, Hopewell Centre 183 Queen’s Road East Hong Kong

PRINCIPAL BANKER

The Hong Kong and Shanghai Banking Corporation Limited HSBC Main Building 1 Queen’s Road Central Hong Kong

COMPANy’S WEBSITE

www.kml.com.hk

STOCK CODE

8065

DATE OF LISTING

16 October 2017

於開曼群島主要股份過戶登記處

Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O.Box 2681 Grand Cayman, KY1-1111 Cayman Islands

香港股份登記處

卓佳證券登記有限公司 香港 皇后大道東 183 號 合和中心 54 樓

主要往來銀行

香港上海滙豐銀行有限公司 香港 皇后大道中 1 號 滙豐總行大廈

公司網站

www.kml.com.hk

股份代號

8065

上市日期

二零一七年十月十六日

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 5 二零一九年第一季度報告

FINANCIAL HIGHLIGHTS

Revenue of the Group for the three months ended 30 June 2019 amounted to approximately Hong Kong dollars (“ HK$ ”) 51.8 million, representing a decrease of approximately HK$5.3 million or 9.3% as compared with the revenue of approximately HK$57.1 million for the three months ended 30 June 2018.

Gross profit of the Group for the three months ended 30 June 2019 amounted to approximately HK$15.4 million (2018: approximately HK$18.1 million).

The net profit of the Group for the three months ended 30 June 2019 amounted to approximately HK$5.1 million (2018: net profit approximately HK$6.5 million).

The board of directors (the “ Board ”) does not recommend a payment of an interim dividend for the three months ended 30 June 2019 (2018: Nil).

財務摘要

本集團截至二零一九年六月三十日止三個 月的收益約為 51.8 百萬港元（「 港元 」），較 截至二零一八年六月三十日止三個月的收 益約 57.1 百萬港元減少約 5.3 百萬港元或 9.3%。

本集團截至二零一九年六月三十日止三個 月的毛利約為 15.4 百萬港元（二零一八年： 約 18.1 百萬港元）。

本集團截至二零一九年六月三十日止三個 月的純利約為 5.1 百萬港元（二零一八年： 純利約 6.5 百萬港元）。

董事會（「 董事會 」）不建議就截至二零一九 年六月三十日止三個月派付中期股息（二零 一八年：無）。

6 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIvE INCOME

For the three months ended 30 June 2019

簡明綜合損益及其他全面收益表

截至二零一九年六月三十日止三個月

Notes 附註 Revenue 收益 3 Cost of sales 銷售成本 Gross profit 毛利 Other income 其他收入 Other gain and losses, net 其他收益及虧損，淨額 Impairment losses, net of reversal 減值虧損，扣除撥回 Administrative expenses 行政開支 Profit before taxation 除稅前溢利 Taxation 稅項 4 Profit for the period 期內溢利 Profit and total comprehensive income for the period attributable to owners of the Company 本公司擁有人應佔期內 溢利及全面收益總額 Earnings per share 每股盈利 – Basic (HK cents) －基本（港仙） 6	Three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 (unaudited) (unaudited) （未經審核） （未經審核）
	51,784 57,087 (36,424) (39,016)
	15,360 18,071 271 63 8 – 108 – (9,909) (10,105)
	5,838 8,029 (697) (1,546)
	5,141 6,483
	5,141 6,483
	1.29 1.62

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 7 二零一九年第一季度報告

CONDENSED CONSOLIDATED STATEMENT OF 簡明綜合權益變動表 CHANGES IN EquITy

For the three months ended 30 June 2019

截至二零一九年六月三十日止三個月

				Attributable to owners of the Company	Attributable to owners of the Company	Attributable to owners of the Company
				本公司擁有人應佔
		Share	Share	Other	Share option	Accumulated	Total
		capital	premium	reserve	reserve	profits	equity
		股本	股份溢價	其他儲備	購股權儲備	累計溢利	總權益
		HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000
		千港元	千港元	千港元	千港元	千港元	千港元
				(Note)
				（附註）
For the three months ended 30 June 2019	截至二零一九年六月三十日止三個月
At 1 April 2019 (audited)	於二零一九年四月一日（經審核）	4,000	47,552	14,339	1,166	77,078	144,135
Profit and total comprehensive	期內溢利及全面收益總額
income for the period		–	–	–	–	5,141	5,141
Recognition of equity-settled	確認權益結算股份為基礎付款
share-based payments		–	–	–	147	–	147
At 30 June 2019 (unaudited)	於二零一九年六月三十日（未經審核）	4,000	47,552	14,339	1,313	82,219	149,423
For the three months ended 30 June 2018	截至二零一八年六月三十日止三個月
At 1 April 2018 (restated)	於二零一八年四月一日（經重列）	4,000	47,552	14,339	–	57,823	123,714
Profit and total comprehensive	期內溢利及全面收益總額
income for the period		–	–	–	–	6,483	6,483
At 30 June 2018 (unaudited)	於二零一八年六月三十日（未經審核）	4,000	47,552	14,339	–	64,306	130,197
Note: Other reserve represents the difference between the nominal				附註： 其他儲備指本公司已發行普通股之面值
values of the ordinary shares issued by the Company and the				與透過根據本公司日期為二零一七年九
share capital of subsidiaries acquired through an exchange of				月二十九日的招股章程（「招股章程」）所
shares pursuant to	the reorganisation stated in the Company’s			列為籌備上市而進行的重組交換股份所
prospectus dated 29 September 2017 (the “Prospectus”) in				收購附屬公司股本之差額，於二零一七
preparation for the	Listing, the Company became the holding			年九月六日本公司成為現時組成本集團
company of the subsidiaries now comprising the Group			on	附屬公司的控股公司，其詳情載於招股
6 September 2017, the details of which are		set out under		章程「歷史、重組及公司架構」一節。

Note: Other reserve represents the difference between the nominal values of the ordinary shares issued by the Company and the share capital of subsidiaries acquired through an exchange of shares pursuant to the reorganisation stated in the Company’s prospectus dated 29 September 2017 (the “ Prospectus ”) in preparation for the Listing, the Company became the holding company of the subsidiaries now comprising the Group on 6 September 2017, the details of which are set out under the section headed “History, Reorganisation and Corporate Structure” in the Prospectus.

8 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

For the three months ended 30 June 2019

1. GENERAL INFORMATION

The Company was incorporated in the Cayman Islands as an exempted company with limited liability on 5 May 2017 under the Companies Law, Cap. 22 (Law 3 of 1961, a consolidated and revised) of the Cayman Islands. The registered office of the Company is located at Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman KY1-1111, Cayman Islands. The principal place of business of the Company in Hong Kong is located at B12, G/F, Shatin Industrial Centre, Siu Lek Yuen Road, Shatin, New Territories, Hong Kong.

The Company’s shares (the “ Shares ”) were listed on the GEM of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) on 16 October 2017 (the “ Listing ”). The principal activity of the Company is investment holding and its subsidiaries are principally engaged in the provision of electrical and mechanical (“ E&M ”) engineering solutions and services. The unaudited condensed consolidated financial statements are presented in Hong Kong dollars (“ HK$ ”), which is the same as the functional currency of the Company and its principal subsidiaries.

2. BASIS OF PREPARATION

The unaudited condensed consolidated financial statements of the Group for the three months ended 30 June 2019 have been prepared in accordance with Hong Kong Financial Reporting Standards (“ HKFRSs ”) issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure requirements of the GEM Listing Rules and the Hong Kong Companies Ordinance.

簡明綜合財務報表附註

截至二零一九年六月三十日止三個月

1. 一般資料

本公司於二零一七年五月五日在開 曼群島根據開曼群島第 22 章公司 法（一九六一年第 3 號法律，經綜合 及修訂）註冊成立為一間獲豁免有 限公司。本公司的註冊辦事處地址 為 Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman KY11111, Cayman Islands。本公司於 香港的主要營業地址為香港新界沙 田小瀝源路沙田工業中心地下 B12 室。

本公司股份（「 股份 」）於二零一七 年十月十六日在香港聯合交易所有 限公司（「 聯交所 」）GEM 上市（「 上 市 」）。本公司的主要業務為投資控 股及其附屬公司主要從事提供機電 （「 機電 」）工程解決方案及服務。 未經審核簡明綜合財務報表以港元 （「 港元 」）呈列，港元亦為本公司及 其主要附屬公司的功能貨幣。

2. 編製基準

本集團截至二零一九年六月三十日 止三個月的未經審核簡明綜合財務 報表已根據香港會計師公會頒佈的 香港財務報告準則（「 香港財務報告 準則 」）及 GEM 上市規則及香港公司 條例的適用披露規定編製。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 9 二零一九年第一季度報告

2. BASIS OF PREPARATION (Continued)

2. 編製基準（續）

The unaudited condensed consolidated financial statements should be read in conjunction with the annual consolidated financial statements of the Group for the year ended 31 March 2019. The accounting policies used in the preparation of the unaudited condensed consolidated financial statements are consistent with those adopted in the annual consolidated financial statements of the Group for the year ended 31 March 2019.

未經審核簡明綜合財務報表應與本 集團截至二零一九年三月三十一日 止年度的年度綜合財務報表一併閱 讀。編製未經審核簡明綜合財務報 表所用會計政策與本集團截至二零 一九年三月三十一日止年度的年度 綜合財務報表所採納者一致。

The unaudited condensed consolidated financial statements have been prepared on the historical cost basis. Historical costs are generally based on the fair value of the consideration given in exchange for goods and services.

未經審核簡明綜合財務報表已按歷 史成本基準編製。歷史成本一般根 據為交換貨品及服務而作出的代價 的公允值。

The unaudited condensed consolidated financial statements for the three months ended 30 June 2019 have not been audited by the Company’s independent auditor, but have been reviewed by the Company’s audit committee.

截至二零一九年六月三十日止三個 月的未經審核簡明綜合財務報表尚 未經本公司的獨立核數師審核，但 已由本公司的審核委員會審閱。

3. REvENuE AND SEGMENTAL INFORMATION

3. 收益及分部資料

An analysis of the Group’s revenue for both periods is as follows:

本集團於該兩個期間的收益分析如 下：

E&M engineering solutions and service_(Note a) 機電工程解決方案及服務 （附註a） E&M engineering maintenance services 機電工程保養服務 E&M engineering design and fabrication services(Note b)_ 機電工程設計及裝配服務 （附註b） Sales of parts and components 銷售零件及部件	Three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 (unaudited) (Unaudited) （未經審核） （未經審核）
	42,215 48,557 8,565 7,057 981 1,224 23 249
	51,784 57,087

10 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

3. REvENuE AND SEGMENTAL INFORMATION (Continued)

Notes:

• (a) Amount represents revenue generated from design, supply, installation of systems and implementation of E&M engineering solutions and services, including revenue generated from design and fabrication services for the fabrication of made-to-order products for the customers, where applicable (“ E&M engineering solutions and services ”).

• (b) Amount represents revenue generated from design and fabrication services for the fabrication of madeto-order products for the customers, such as control room consoles, public access kiosks and terminals, relay racks, test rigs, control room technical furniture and industrial enclosures and instrument cabinets, and also the conducting of ergonomic and work place studies without supply, installation of systems and implementation of E&M engineering solutions and services (“ E&M engineering design and fabrication services ”).

Segment information

The Group’s operations is solely derived from E&M engineering solutions and services, E&M engineering maintenance services with focus on (i) automatic fare collection system at railway stations; (ii) electronic payment and ticketing system; (iii) road and tunnel toll collection system; (iv) traffic control and surveillance system; and (v) railway signaling communication and control system, E&M engineering design and fabrication services and sales of parts and components during both periods. For the purposes of resources allocation and performance assessment, the chief operation decision make (i.e. the executive directors of the Company) reviews the unaudited condensed consolidated financial position of the Group. Accordingly, the Group has only one single operating segment and no further analysis of this single segment is presented.

3.

收益及分部資料（續）

附註：

• (a) 該款項指系統設計、供應、安裝 及執行機電工程解決方案及服務 所產生的收益，包括為客戶製造 按訂單做成的產品設計及裝配服 務所錄得的收益（如適用）（「 機電 工程解決方案及服務 」）。

• (b) 該款項指從有關製造定制產品 （例如控制室控制台、公用關卡 及終端、繼電器機架、試驗台、 控制室技術傢俬及工業外殼及儀 器櫃，且亦進行人類工程學及工 作場所研究）的設計及裝配服務

• （並無供應、安裝系統及執行機 電工程解決方案及服務）（「 機電 工程設計及裝配服務 」）所錄得的 收益。

分部資料

在兩個期間，本集團的經營僅來自 機電工程解決方案及服務、機電工 程保養服務，專注於 (i) 鐵路車站的 自動收費系統；(ii) 電子支付及票務 系統；(iii) 公路及隧道車輛繳費系 統；(iv)交通管制及監察系統；及(v) 軌道信號通訊及控制系統，機電工 程設計及裝配服務及銷售零件及部 件。就資源分配及表現評估而言， 主要經營決策者（即本公司執行董 事）審閱本集團未經審核簡明綜合財 務狀況。因此，本集團僅有一個單 一經營分部及並無進一步呈列該單 一分部的分析。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 11 二零一九年第一季度報告

4. INCOME TAX EXPENSE

Current tax:	即期稅項：
Hong Kong	香港
Deferred tax	遞延稅項

Hong Kong profit tax is calculated on the basis at 8.25% of the estimated assessable profits up to HK$2 million and 16.5% on any part of the estimated assessable profits over HK$2 million for the three months ended 30 June 2019 (2018: 16.5%).

The Group is not subject to any income tax in the Cayman Islands and the British Virgin Islands pursuant to the rules and regulations in those jurisdictions.

5. DIvIDEND

The Board does not recommend a payment of an interim dividend for the three months ended 30 June 2019.

4. 所得稅開支

所得稅開支
Three months	ended
30 June
截至六月三十日止三個月
2019	2018
二零一九年	二零一八年
HK$’000	HK$’000
千港元	千港元
(unaudited)	(Unaudited)
（未經審核）	（未經審核）
220	1,235
477	311
697	1,546

香港利得稅乃以截至二零一九年六 月三十日止三個月內估計應課稅溢 利首2百萬港元按8.25%計算，而估 計應課稅溢利中任何超過 2 百萬港 元之部分則按16.5%計算（二零一八 年：16.5%）。

根據開曼群島及英屬處女群島的法 律及法規，本集團毋須在該等司法 權區繳納任何所得稅。

股息

5.

董事會不建議就截至二零一九年六 月三十日止三個月派付中期股息。

12 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

6. EARNINGS PER SHARE

6. 每股盈利

The calculation of basic earnings per share attributable to the owners of the Company is based on the following data:

計算本公司擁有人應佔每股基本盈 利乃基於以下數據：

Earnings: 盈利： Earnings for the purposes of basic earnings per share (profit for the period attributable to the owners of the Company) 用作計算每股基本盈利 之盈利（本公司擁有人 應佔期內溢利） Weighted average number of shares: 股份加權平均數： Number of ordinary shares for the purpose of calculating basic earnings per share 用作計算每股基本 盈利之普通股數目	Three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 (unaudited) (Unaudited) （未經審核） （未經審核）
	5,141 6,483
	Three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 ’000 ’000 千股 千股 (unaudited) (Unaudited) （未經審核） （未經審核）
	400,000 400,000

Weighted average number 股份加權平均數： of shares: Number of ordinary shares for 用作計算每股基本 the purpose of calculating 盈利之普通股數目 basic earnings per share

No diluted earnings per share for both periods were presented as there were no potential ordinary shares in issue during both periods.

由於該兩個期間內並無發行潛在普 通股，故於相關期間內並無呈列每 股攤薄盈利。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 13 二零一九年第一季度報告

7. RELATED PARTy TRANSACTIONS

7. 關聯方交易

The Group entered into the following transactions with its related parties:

本集團與其關聯方訂立下列交易：

Three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 (unaudited) (Unaudited) （未經審核） （未經審核） Purchase of materials from 向洛士工業採購物料 Logistic Industrial (Note a) （附註a） 2 13 Rental fee paid to KML Limited 支付租金費用予圖遠 (Note b) 有限公司（附註b） 1,350 1,149

Notes:

(a) Logistic Industrial Supply Company Limited (“ Logistic Industrial ”) is a company which Mr. Luk Kam Ming (“ Mr. KM Luk ”) and Ms. Leung Kwok Yee (“ Madam Leung ”) have significant influence over it.

(b) KML Limited is controlled by Mr. KM Luk. The rental fee paid is regarded as continuing connected transaction.

附註：

(a) 洛士工業器材有限公司（「 洛士工 業 」）為陸鑑明先生（「 陸鑑明先 生 」）及梁幗儀女士（「 梁女士 」）對 其有重大影響力的公司。

• (b) 圖遠有限公司由陸鑑明先生控 制。已支付的租金視為持續關連 交易。

8. SuBSEquENT EvENT AFTER THE REPORTING PERIOD

8. 報告期後事項

As at the date of this report, there was no subsequent event after this reporting period.

於本報告日期，概無報告期後事項。

14 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

MANAGEMENT DISCuSSION AND ANALySIS

管理層討論及分析

BuSINESS REvIEW

業務回顧

The Group has been providing electrical and mechanical (“ E&M ”) engineering solutions and services in Hong Kong for over 40 years. Our principal business is the provision of E&M engineering works, and comprises (i) E&M engineering solutions and services on Transportation Mission Critical Systems Solutions and other E&M engineering solutions and services; (ii) E&M engineering design and fabrication services; (iii) E&M engineering maintenance services; and (iv) sales of parts and components. Depending on our customers’ needs and requirements, we provide a full spectrum of solutions and services covering design, equipment assembly, supply, installation, fabrication, testing, and commissioning and maintenance support with a focus on Hong Kong Transportation Mission Critical System Solutions.

本集團於香港提供機電（「 機電 」）工程解決 方案和服務逾四十年。我們的主要業務為 提供機電工程作業，包括 (i) 交通關鍵系統 解決方案的機電工程解決方案及服務和其 他機電工程解決方案及服務；(ii) 機電工程 設計及裝配服務；(iii) 機電工程保養服務； 及 (iv) 銷售零件及部件。視乎客戶的需求， 我們提供涵蓋設計、設備裝置、供應、安 裝、裝配、測試及調試以及維護支援的全 面解決方案及服務，主要專注香港交通關 鍵系統解決方案。

The following table sets forth the details of our Group’s revenue by type of projects and services we undertook for the three months ended 30 June 2019 and 2018:

下表載列本集團按於截至二零一九年及二 零一八年六月三十日止三個月所承接的項 目及服務類別劃分的收益詳情：

Type of Projects 項目類別 E&M Engineering Solutions and Services 機電工程解決方案 及服務 – Transportation Mission Critical System Solutions －交通關鍵系統解決 方案 – Other E&M Solutions and Services －其他機電工程解決 方案及服務 Subtotal 小計 E&M Engineering Design and Fabrication Services 機電工程設計及裝配 服務 E&M Engineering Maintenance Services 機電工程保養服務 Sale of Parts and Components 銷售零件及部件 Total 總計	For the three months ended 30 June 截至六月三十日止三個月 2019 2018 二零一九年 二零一八年 HK$’000 % HK$’000 % 千港元 千港元
	12,255 23.7 22,707 39.8 29,960 57.9 25,850 45.3
	42,215 81.6 48,557 85.1 981 1.9 1,224 2.1 8,565 16.5 7,057 12.4 23 0.0 249 0.4
	51,784 100.0 57,087 100.0

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 15 二零一九年第一季度報告

E&M Engineering Solutions and Services segment accounts for the largest business segment of our Group’s business. Approximately 81.6% of the revenue was attributable to this segment for the three months ended 30 June 2019. The second largest segment is E&M Maintenance Services. Revenue from this segment increased by approximately 21.1% from approximately HK$7.1 million for the three months ended 30 June 2018 to approximately HK$8.6 million for the three months ended 30 June 2019. The Group foresees that revenue generated from these two segments will continue to grow especially in relation to the renovation and replacement of E&M, communication and automatic fare collection (“ AFC ”) assets projects from one of our major customers. For the coming nine months, the Group will continue to undertake projects including (i) advance works related to the Airport Three Runway System; (ii) Replacement and Modification of Smoke Curtains System at Airport Express Line and Tung Chung Line; and (iii) retrofit of about 1,000 ticket gates to enable Alipay HK QR Code payment for travel on Hong Kong’s MTR system.

During the three months ended 30 June 2019, the Group has submitted 73 tenders and quotations to our customers with 35 contracts being awarded including several subcontracts in relation to the replacement works of the closed circuit television ( CCTv ) systems in various railway lines with total subcontract sum of approximately HK$22.5 million. The Group will continue to grasp opportunities at the existing E&M market among those emerging opportunities while at the same time explore and expand our clientele as well as diversify our business into other emerging markets.

OuTLOOK

While our Group continues to focus on deepening our penetration of the Hong Kong E&M engineering industry with special focus on the Transportation Mission Critical System Solutions market, in order to keep pace with the growing transport needs, modernization, upgrading and expansion projects, the Group has been devoting more resources to the development and application of different technologies. Looking forward to the year ended 31 March 2020, the Group will (i) expand our office space and work area in relation to research and development; (ii) recruit additional research and development staff; and (iii) invest in relevant software and be ready to apply for the payment card security related certification.

The Group does not foresee the recent economic, social and/ or political conditions in Hong Kong will materially affect our performance while we will closely monitor the conditions as a whole.

機電工程解決方案及服務分部為本集團的 最大業務分部。截至二零一九年六月三十 日止三個月，約 81.6% 的收益來自該分 部。第二大分部為機電工程保養服務。該 分部的收益由截至二零一八年六月三十日 止三個月約 7.1 百萬港元增加約 21.1% 至 截至二零一九年六月三十日止三個月約 8.6 百萬港元。本集團預計該兩個分部產生的 收益尤其是有關我們的一名主要客戶開展 多項大型機電、通信及自動收費（「 自動收 費 」）資產的機電翻新及更新項目的收益會 繼續增長。就未來九個月而言，本集團將 繼續進行的項目包括 (i) 與機場三跑道系統 相關的前期工程；(ii) 更換及改動機場快線 及東涌線的煙幕系統；及 (iii) 改裝約 1,000 部收費閘機可使用支付寶香港二維碼支付 香港地鐵系統的車票費用。

截至二零一九年六月三十日止三個月，本 集團已向客戶提交 73 項投標及報價，已獲 得的 35 個合約，其中包括數個分包合約 總金額大約為 22.5 百萬港元於不同鐵路線 更換閉路電視（「 閉路電視 」）系統的分包合 約。本集團將繼續在該等新興機會中把握 現有機電市場的機會，同時發掘及擴大客 戶基礎以及使業務多元化至其他新興市場。

展望

本集團持續拓寬於香港機電工程行業的佔 有率，特別專注交通關鍵系統解決方案， 以緊貼不斷增長的交通需求、現代化、升 級及擴建項目，同時，本集團一直致力於 開發及應用不同技術。展望二零二零年三 月三十一日止年度，本集團將 (i) 擴大研發 辦公室及工作空間；(ii) 招聘額外研發人 員；及 (iii) 投資有關軟件並準備申請支付卡 安全有關的認證。

本集團預期近期香港的經濟、社會及╱或 政治狀況不會對我們的表現產生重大影 響，同時我們將密切監察整體狀況。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

16

FINANCIAL REvIEW

Revenue

Revenue of the Group for the three months ended 30 June 2019 amounted to approximately HK$51.8 million, representing a decrease of approximately HK$5.3 million or 9.3% as compared with the revenue of approximately HK$57.1 million for the three months ended 30 June 2018. Such difference was mainly due to a variation order with substantial amount was received last year.

Cost of Sales and Gross Profit

The majority of the Group’s cost of sales comprised (i) material and equipment; (ii) direct labour; and (iii) subcontracting cost. The cost of sales decreased by approximately 6.7% from approximately HK$39.0 million for the three months ended 30 June 2018 to approximately HK$36.4 million for the three months ended 30 June 2019. The decrease in cost of sales is mainly due to the decrease in number of projects undertaken by the Group during the period. The gross profit of the Group decreased by approximately 14.9% from approximately HK$18.1 million for the three months ended 30 June 2018 to approximately HK$15.4 million for the three months ended 30 June 2019. The decrease in gross profit is mainly due to the decrease in revenue as discussed above.

Administrative Expenses

The Group’s administrative expenses decreased by 2.0% from approximately HK$10.1 million for the three months ended 30 June 2018 to approximately HK$9.9 million for the three months ended 30 June 2019.

Profit attributable to owners of the Company

The Group recorded net profit attributable to the owners of the company of approximately HK$5.1 million for the three months ended 30 June 2019 (2018: net profit approximately HK$6.5 million).

Dividend

The Board does not recommend a payment of an interim dividend for the three months ended 30 June 2019 (2018: Nil).

SuBSEquENT EvENT AFTER REPORTING PERIOD

As at the date of this report (i.e. 5 August 2019) (the “ Date of this Report ”), there was no subsequent event after this reporting period.

財務回顧

收益

本集團截至二零一九年六月三十日止三個 月的收益約為 51.8 百萬港元，較截至二零 一八年六月三十日止三個月的收益約 57.1 百萬港元減少約 5.3 百萬港元或 9.3%。有 關差額主要由於去年接獲數額較大的變更 訂單。

銷售成本及毛利

本集團的主要銷售成本主要包括 (i) 物料及 設備；(ii)直接勞工；及(iii)分包成本。銷售 成本由截至二零一八年六月三十日止三個 月約 39.0 百萬港元減少約 6.7% 至截至二 零一九年六月三十日止三個月約 36.4 百萬 港元。銷售成本減少乃主要由於本集團於 期內承接的工程項目數量減少。本集團毛 利由截至二零一八年六月三十日止三個月 約 18.1 百萬港元減少約 14.9% 至截至二零 一九年六月三十日止三個月約 15.4 百萬港 元。毛利減少主要由於上文所討論收益減 少。

行政開支

本集團行政開支由截至二零一八年六月 三十日止三個月約 10.1 百萬港元減少約 2.0% 至截至二零一九年六月三十日止三個 月約 9.9 百萬港元。

本公司擁有人應佔溢利

截至二零一九年六月三十日止三個月，本 集團錄得本公司擁有人應佔純利約5.1百萬 港元（二零一八年：純利約6.5百萬港元）。

股息

董事會不建議就截至二零一九年六月三十 日止三個月派付中期股息（二零一八年： 無）。

報告期後事項

於本報告日期（即二零一九年八月五日） （「 本報告日期 」），概無報告期後事項。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 17 二零一九年第一季度報告

CORPORATE GOvERNANCE AND OTHER INFORMATION

CORPORATE GOvERNANCE PRACTICES

The Company is committed to maintaining high standards of corporate governance to safeguard the interests of the shareholders of the Company (the “ Shareholders ”) and to enhance corporate value and accountability. The Company has adopted the Corporate Governance Code (the “ CG Code ”) as set out in Appendix 15 to the GEM Listing Rules as its own code of corporate governance. During the three months ended 30 June 2019, the Company has complied with all applicable code provisions of the CG Code.

COMPLIANCE WITH THE REquIRED STANDARD OF DEALINGS IN SECuRITIES TRANSACTIONS By DIRECTORS

The Company has adopted the required standard of dealings set out in Rules 5.48 to 5.67 of the GEM Listing Rules as its own code of conduct regarding Directors’ securities transactions in the securities of the Company. Having made specific enquiries of all the Directors, each of the Director has confirmed that he has complied with the required standard of dealings during the three months ended 30 June 2019 and up to the Date of this Report.

AuDIT COMMITTEE AND REvIEW OF ACCOuNTS

The Company has established an audit committee (the “ Audit Committee ”) with written terms of reference in compliance with Rules 5.28 to 5.33 of the GEM Listing Rules and the CG Code. The Audit Committee comprises three members, namely Mr. Lau On Kwok (chairman), Mr. Law Wing Chi Stephen and Dr. Tse Chi Kong, all of them are independent non-executive Directors. The Audit Committee has reviewed with the management the accounting policies and practices adopted by the Group and discussed financial reporting matters of the Company, including the review of the unaudited condensed consolidated results of the Group for the three months ended 30 June 2019 and this quarterly report. The Audit Committee is of the opinion that the unaudited condensed consolidated results of the Group for the three months ended 30 June 2019 comply with the applicable accounting standards and that adequate disclosures have been made.

企業管治及其他資料

企業管治常規

本集團致力維持高水平的企業管治，以保 障本公司股東（「 股東 」）權益以及提升企業 價值及問責性。本公司已採納 GEM 上市規 則附錄十五所載的企業管治守則（「 企業管 治守則 」），作為其本身的企業管治守則。 截至二零一九年六月三十日止三個月，本 公司已遵守企業管治守則項下的所有適用 守則條文。

遵守董事進行證券交易的必守標準

本公司已採納GEM上市規則第5.48至5.67 條所規定的交易必守標準作為其自身於本 公司證券交易中董事證券交易行為守則。 經向全體董事作出特定查詢後，各董事確 認，截至二零一九年六月三十日止三個月 及直至本報告日期已遵守交易必守標準。

審核委員會及賬目審閱

本公司已遵照 GEM 上市規則第 5.28 條至 第 5.33 條及企業管治守則成立審核委員 會（「 審核委員會 」）並以書面界定其職權範 圍。審核委員會由三名成員（劉安國先生 （主席）、羅永志先生及謝智剛博士）組成， 彼等均為獨立非執行董事。審核委員會已 連同管理層審閱本集團採納的會計政策及 慣例，並討論本公司的財務申報事宜，包 括審閱本集團截至二零一九年六月三十日 止三個月的未經審核簡明綜合業績及本季 度報告。審核委員會認為，本集團截至二 零一九年六月三十日止三個月的未經審核 簡明綜合業績符合適用會計準則，並已作 出足夠披露。

18 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

CHANGES TO DIRECTORS’ INFORMATION

As at the Date of this Report, the Directors confirm that no information is required to be disclosed pursuant to GEM Rule 17.50A(1) of the GEM Listing Rules.

PuRCHASE, SALE OR REDEMPTION OF THE LISTED SECuRITIES OF THE COMPANy

During the three months ended 30 June 2019, neither the Company nor any of its subsidiaries had purchased, sold or redeemed any of the Company’s listed securities.

INTERESTS OF THE COMPLIANCE ADvISER

As notified by the Company’s compliance adviser, Kingsway Capital Limited (“ Kingsway Capital ”), neither Kingsway Capital nor any of its directors or employees or close associates had any interest in the share capital of the Company or any member of the Group (including options or rights to subscribe for such securities) or otherwise in relation to the Company which is required to be notified to the Company pursuant to Rule 6A.32 of the GEM Listing Rules and all Directors and controlling Shareholders and their respective close associates as referred to in Rule 11.04 of the GEM Listing Rules (except for the compliance adviser service provided by Kingsway Capital as at the Date of this Report).

董事資料變動

於本報告日期，董事確認概無須根據 GEM 上市規則第 17.50A(1) 條予以披露之董事資 料。

購買、出售或贖回本公司的上市證 券

截至二零一九年六月三十日止三個月，本 公司或任何其附屬公司概無購買、出售或 贖回任何本公司的上市證券。

合規顧問的權益

誠如本公司合規顧問滙富融資有限公司 （「 滙富融資 」）告知，滙富融資或其任何董 事或僱員或緊密聯繫人概無於本公司或本 集團任何成員公司的股本中擁有任何權益 （包括認購該等證券的購股權或權利）或擁 有根據 GEM 上市規則第 6A.32 條須知會本 公司及全體董事及控股股東及彼等按 GEM 上市規則第11.04條所指的其各自緊密聯繫 人與本公司有關的其他權益（滙富融資於本 報告日期提供的合規顧問服務除外）。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 19 二零一九年第一季度報告

DIRECTORS’ AND CHIEF EXECuTIvE’S INTERESTS AND SHORT POSITIONS IN SHARES, uNDERLyING SHARES AND DEBENTuRES OF THE COMPANy

董事及主要行政人員於股份、相關 股份及債權證的權益及淡倉

As at 30 June 2019, the interests and short positions of the Directors and the chief executive of the Company in the shares, underlying shares and debentures of the Company or its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance (the “ SFO ”)) which were required (i) to be notified to the Company and the Stock Exchange pursuant to Divisions 7 and 8 of Part XV of the SFO (including interests and short positions which they were taken or deemed to have taken under such provisions of the SFO); or (ii) to be recorded in the register required to be kept pursuant to Section 352 of the SFO; or (iii) as otherwise notified to the Company and the Stock Exchange pursuant to the Rules 5.46 to 5.67 of the GEM Listing Rules were as follows:

於二零一九年六月三十日，董事及本公司 主要行政人員於本公司或其相聯法團（定 義見《證券及期貨條例》（「《 證券及期貨條 例 》」）第 XV 部）股份、相關股份及債權證中 擁有 (i) 根據《證券及期貨條例》第 XV 部第 7 和 8 分部知會本公司及聯交所的權益及淡 倉（包括根據《證券及期貨條例》條文視為或 當作擁有的權益及淡倉），或(ii)登記於根據 《證券及期貨條例》第352條存置的登記冊； 或 (iii) 根據 GEM 上市規則第 5.46 至 5.67 條 須知會本公司和聯交所的權益及淡倉將如 下：

		Number of		Approximate
		Shares/		percentage of
	Capacity/	underlying	Long/short	shareholding
Name	Nature of Interest	Shares	position(5)	of the Company
		股份╱		於本公司的
姓名	身份╱權益性質	相關股份數目	好倉╱淡倉(5)	持股概約百分比
				(%)
Mr. Luk Kam Ming	Beneficial owner;	162,000,000	L	40.5
(“Mr. KM Luk”)(1)	Interest of spouse
陸鑑明先生	實益擁有人；
（「陸鑑明先生」）(1)	配偶權益
Mr. Luk Kwai Lung	Interest in a controlled	138,000,000	L	34.5
(“Mr. KL Luk”)(2)	corporation
陸季農先生	受控法團權益
（「陸季農先生」）(2)
Mr. Luk Yin Cheung	Interest in a controlled corporation;	138,600,000	L	34.7
(“Mr. yC Luk”)(2) (3)	Interest of spouse
陸彥彰先生	受控法團權益；
（「陸彥彰先生」）(2)(3)	配偶權益
Mr. Chan Chak Lun Philip	Beneficial owner	4,000,000	L	1.0
(“Mr. CL Chan”)(4)
陳澤麟先生	實益擁有人
（「陳澤麟先生」）(4)

20 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

Notes:

• (1) Mr. KM Luk directly holds 105,000,000 shares (“ Shares ”). Since Mr. KM Luk is the spouse of Madam Leung, Mr. KM Luk is deemed to be interested in all the Shares in which Madam Leung is interested or deemed to be interested under the SFO, which is 57,000,000 Shares.

• (2) Each of Mr. KL Luk and Mr. YC Luk owns one common share in KML Holdings Limited (“ KML Holdings ”), representing 50% of the issued share capital of KML Holdings carrying voting rights. Mr. KL Luk and Mr. YC Luk are deemed to be interested in all Shares in which KML Holdings is interested or deemed to be interested under the SFO, which is 138,000,000 Shares.

• (3) Since Mr. YC Luk is the spouse of Ms. Woo Siu Wai (“ Ms. Woo ”), Mr. YC Luk is deemed to be interest in all the Shares in which Ms. Woo is interested or deemed to be interested under the SFO, which is 600,000 Shares. Ms. Woo was interested as a grantee of options to subscribe for up to 600,000 Shares under the Share Option Scheme (announced on 3 September 2018)

• (4) Mr. CL Chan was interested as a grantee of options to subscribe for up to 4,000,000 Shares under the Share Option Scheme (announced on 3 September 2018)

• (5) The Letter “L” denotes the entity/person’s long position in the Shares.

Save as disclosed above, as at 30 June 2019, none of the Directors or the chief executive of the Company had or was deemed to have any interest or short position in the shares, underlying shares or debentures of the Company or its associated corporations (within the meaning of Part XV of the SFO) that was required to be notified to the Company and the Stock Exchange pursuant to Divisions 7 and 8 of Part XV of the SFO (including interests and short positions which they were taken or deemed to have taken under such provisions of the SFO), or required to be recorded in the register required to be kept under Section 352 of the SFO, or as otherwise notified to the Company and the Stock Exchange pursuant to the Rules 5.46 to 5.67 of the GEM Listing Rules.

附註：

• (1) 陸鑑明先生直接擁有本公司 105,000,000 股股份（「 股份 」）。由於陸鑑明先生為 梁女士的配偶，故陸鑑明先生被視為 於梁女士擁有權益或根據《證券及期貨 條例》被視作擁有權益的所有股份（即 57,000,000 股股份）中擁有權益。

• (2) 陸季農先生及陸彥彰先生各自擁有一股 K M L H o l d i n g s L i m i t e d（「 K M L Holdings 」）普通股（佔 KML Holdings 附 帶投票權之已發行股本的 50%）。陸季農 先生及陸彥彰先生於 KML Holdings 擁有 權益或根據《證券及期貨條例》被視作擁 有權益的所有股份（即 138,000,000 股股 份）中擁有權益。

• (3) 由於陸彥彰先生為胡劭卉女士（「 胡女 士 」）的配偶，根據《證券及期貨條例》， 陸彥彰先生被視為於胡女士擁有權益或 被視為擁有權益的所有股份（即 600,000 股股份）中擁有權益。胡女士以購股權承 授人身份擁有股份權益，可根據購股權 計劃（於二零一八年九月三日公佈）認購 最多 600,000 股股份。

• (4) 陳澤麟先生以購股權承授人身份擁有股 份權益，可根據購股權計劃（於二零一八 年九月三日公佈）認購最多 4,000,000 股 股份。

• (5) 字母「L」表示該實體╱個人於股份之好 倉。

除上文所披露者外，於二零一九年六月 三十日，概無董事或本公司主要行政人員 於本公司或其相關法團（定義見《證券及期 貨條例》第 XV 部）的股份、相關股份或債權 證中擁有或被視作擁有任何根據《證券及期 貨條例》第 XV 部第 7 及第 8 分部須知會本公 司及聯交所的權益及淡倉（包括根據《證券 及期貨條例》有關條文彼等被當作或視作擁 有的權益及淡倉）、或須登記於根據《證券 及期貨條例》第 352 條存置的登記冊內的權 益或淡倉、或根據GEM上市規則第5.46至 5.67 條須知會本公司和聯交所的權益或淡 倉。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 21 二零一九年第一季度報告

SuBSTANTIAL SHAREHOLDERS’ AND OTHER PERSONS’ INTERESTS AND SHORT POSITIONS IN SHARES, uNDERLyING SHARES AND DEBENTuRES

主要股東及其他人士於股份、相關 股份及債權證的權益及淡倉

As at 30 June 2019, to the best knowledge of the Directors, the following persons (not being a Director or chief executive of the Company) had interests or short positions in the Shares or underlying Shares of the Company which would fall to be disclosed to the Company under the provisions of Divisions 2 and 3 of Part XV of the SFO, as recorded in the register required to be kept by the Company pursuant to Section 336 of the SFO:

於二零一九年六月三十日，就董事所深 知，以下人士（並非董事或本公司主要行政 人員）於本公司股份或相關股份擁有本公司 根據《證券及期貨條例》第 336 條須存置的 登記冊所記載及根據《證券及期貨條例》第 XV部第2及3分部條文須向本公司及聯交所 披露的權益或淡倉：

		Number of
		Shares/		Approximate
		underlying		Percentage of
	Capacity/	Shares held/	Long/short	Shareholding
Name	Nature of Interest	interested	position(5)	in the Company
		所持╱擁有
		權益股份╱		於本公司的
姓名╱名稱	身份╱權益性質	相關股份數目	好倉╱淡倉(5)	股權概約百分比
				(%)
KML Holdings(1)	Beneficial owner	138,000,000	L	34.5
	實益擁有人
Madam Leung(2)	Beneficial owner;	162,000,000	L	40.5
梁女士(2)	Interest of spouse
	實益擁有人；配偶權益
Ms. Chan Patricia(3)	Interest of spouse	138,000,000	L	34.5
陳珮筠女士(3)	配偶權益
Ms. Woo(4)	Beneficial owner;	138,600,000	L	34.7
胡女士(4)	Interest of spouse
	實益擁有人；配偶權益

22 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

Notes:

• (1) Each of Mr. KL Luk and Mr. YC Luk owns one common share in KML Holdings, representing 50% of the issued share capital of KML Holdings carrying voting rights. Mr. KL Luk and Mr. YC Luk also own approximately 50% and approximately 50%, respectively, of the issued preferred shares in KML Holdings which do not carry voting rights but only rights to dividends.

• (2) Madam Leung is the spouse of Mr. KM Luk. By virtue of the SFO, Madam Leung is deemed to be interested in all the Shares in which Mr. KM Luk is interested or deemed to be interested under the SFO, and vice versa.

• (3) Ms. Chan Patricia is the spouse of Mr. KL Luk. By virtue of the SFO, Ms. Chan Patricia is deemed to be interested in all the Shares in which Mr. KL Luk is interested or deemed to be interested under the SFO.

• (4) Ms. Woo is the spouse of Mr. YC Luk. By virtue of the SFO, Ms. Woo is deemed to be interested in all the Shares in which Mr. YC Luk is interested or deemed to be interested under the SFO which is 138,000,000 Shares. Ms. Woo was interested as a grantee of options to subscribe for up to 600,000 Shares under the Share Option Scheme (announced on 3 September 2018)

• (5) The Letter “L” denotes the entity/person’s long position in the Shares.

Save as disclosed above, as at 30 June 2019, the Directors were not aware of any persons (who were not Directors or chief executive of the Company) who had an interest or short position in the shares or underlying shares of the Company which would fall to be disclosed under Divisions 2 and 3 of Part XV of the SFO, or which would be required, pursuant to Section 336 of the SFO, to be entered in the register referred to therein.

附註：

• (1) 陸季農先生及陸彥彰先生各自擁有 KML Holdings 一股普通股，佔 KML Holdings 附帶投票權的已發行股本 50%。陸季 農先生及陸彥彰先生亦分別擁有 KML Holdings 已發行優先股（並無附帶投票 權但僅有收取股息的權利）約 50% 及約 50%。

• (2) 梁女士為陸鑑明先生的配偶。根據《證券 及期貨條例》，梁女士於陸鑑明先生擁有 權益或根據《證券及期貨條例》被視作擁 有權益的所有股份中擁有權益，反之亦 然。

• (3) 陳珮筠女士為陸季農先生的配偶。根據 《證券及期貨條例》，陳珮筠女士於陸季 農先生擁有權益或根據《證券及期貨條 例》被視作擁有權益的所有股份中擁有權 益。

• (4) 胡女士為陸彥彰先生的配偶。根據《證 券及期貨條例》，胡女士被視為於陸彥 彰先生擁有權益或根據《證券及期貨 條例》被視作擁有權益的所有股份（即 138,000,000 股股份）中擁有權益。胡女 士以購股權承授人身份擁有股份權益， 可根據購股權計劃（於二零一八年九月三 日公佈）認購最多 600,000 股股份。

• (5) 字母「L」表示該實體╱個人於股份之好 倉。

除上文所披露者外，於二零一九年六月 三十日，董事並不知悉任何人士（並非董事 或本公司主要行政人員）於本公司股份或相 關股份中擁有根據《證券及期貨條例》第 XV 部第 2 及 3 分部須向本公司及聯交所披露， 或根據《證券及期貨條例》第 336 條須記入 該條所述登記冊內的權益或淡倉。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 23 二零一九年第一季度報告

SHARE OPTION SCHEME

In order to recognise and acknowledge the contributions that the directors and employees of the Group have made or may make to the Group, the Company approved and adopted the share option scheme pursuant to the written resolutions of the Shareholders passed on 20 September 2017 (the “ Share Option Scheme ”).

• (i) The Board may, at its absolute discretion and on such terms as it may think fit, grant an option to subscribe any Director or employee of the Group, from time to time, on the basis of his/her contribution or potential contribution to the development and growth of the Group.

• (ii) On 3 September 2018, 9,200,000 share options (“ Options ”) were granted by the Company under the Share Option Scheme. Among the Options granted, 4,000,000 Options were granted to 1 Director of the Company, 1,400,000 Options were granted to 1 Director of a subsidiary of the Company and 600,000 Options were granted to an associate to a Director of the Company. Among the 9,200,000 Options granted, approximately 48.9% has been vested on 3 March 2019 and approximately 51.1% will be vested on 3 March 2020, provided that the grantee has to remain as an Eligible Participant (as defined in the Share Option Scheme) on such vesting date.

購股權計劃

為嘉許及表揚已經或可能對本集團作出的 貢獻的本集團董事及僱員，本公司已根據 股東於二零一七年九月二十日通過的書面 決議案批准及採納購股權計劃（「 購股權計 劃 」）。

• (i) 董事會可全權酌情及按照其可能認 為合適的相關條款，基於對本集團 的發展及成長所作出之貢獻或潛在 貢獻不時向本集團的任何董事或僱 員授出購股權。

• (ii) 於二零一八年九月三日，本公司已 根據購股權計劃授出 9,200,000 份 購股權（「 購股權 」）。在已授出的購 股權當中，4,000,000份購股權乃授 予一名本公司董事、1,400,000份購 股權乃授予本公司附屬公司的一名 董事及 600,000 份購股權乃授予一 名本公司董事的聯繫人。於已授出 的9,200,000份購股權中，約48.9% 已於二零一九年三月三日歸屬及約 51.1% 將於二零二零年三月三日歸 屬，惟承授人於有關歸屬日期須仍 為合資格參與者（定義見購股權計 劃）。

24 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

Details regarding the number of Options, date of grant, vesting period, exercise period and exercise price of the Options granted under the Share Option Scheme are set out below:

有關根據購股權計劃授出購股權之購股權 數目、授出日期、歸屬期、行使期及行使 價之詳情載列如下：

							Closing price
		Total					immediately before
	Date of	number of	Number of			Exercise price of	date
Name of participants	Options granted	Options granted	Options granted	vesting period	Exercise period	Options	of grant
		已授出購股權	已授出				緊接授出日期
參與者姓名	授出購股權日期	數目總數	購股權數目	歸屬期	行使期	購股權行使價	前之收市價
						HK$ per share	HK$ per share
						港元╱股	港元╱股
Mr. CL Chan	3 September 2018	4,000,000	2,000,000	3 September 2018	3 March 2019 to	0.385	0.35
(Director and Chief				to 2 March 2019	3 September 2023
executive officer)
陳澤麟先生	二零一八年九月三日			二零一八年九月三日至	二零一九年三月三日至
（董事兼行政總裁）				二零一九年三月二日	二零二三年九月三日
			2,000,000	3 September 2018	3 March 2020 to
				to 2 March 2020	3 September 2023
				二零一八年九月三日至	二零二零年三月三日至
				二零二零年三月二日	二零二三年九月三日
Ms. Wai Hang Ying Helen	3 September 2018	1,400,000	700,000	3 September 2018	3 March 2019 to	0.385	0.35
(Director of KML				to 2 March 2019	3 September 2023
Engineering Limited (“KML
Engineering”))
衛杏英女士	二零一八年九月三日			二零一八年九月三日至	二零一九年三月三日至
（高明科技工程有限公司（「高明科				二零一九年三月二日	二零二三年九月三日
技工程」）的董事）
			700,000	3 September 2018	3 March 2020 to
				to 2 March 2020	3 September 2023
				二零一八年九月三日至	二零二零年三月三日至
				二零二零年三月二日	二零二三年九月三日

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 25 二零一九年第一季度報告

							Closing price
		Total					immediately before
	Date of	number of	Number of			Exercise price of	date
Name of participants	Options granted	Options granted	Options granted	vesting period	Exercise period	Options	of grant
		已授出購股權	已授出				緊接授出日期
參與者姓名	授出購股權日期	數目總數	購股權數目	歸屬期	行使期	購股權行使價	前之收市價
						HK$ per share	HK$ per share
						港元╱股	港元╱股
Ms. Woo	3 September 2018	600,000	300,000	3 September 2018 to	3 March 2019 to	0.385	0.35
(Company Secretary)				2 March 2019	3 September 2023
胡女士	二零一八年九月三日			二零一八年九月三日至	二零一九年三月三日至
（公司秘書）				二零一九年三月二日	二零二三年九月三日
			300,000	3 September 2018 to	3 March 2020 to
				2 March 2020	3 September 2023
				二零一八年九月三日至	二零二零年三月三日至
				二零二零年三月二日	二零二三年九月三日
Employees	3 September 2018	3,200,000	1,500,000	3 September 2018 to	3 March 2019 to	0.385	0.35
				2 March 2019	3 September 2023
僱員	二零一八年九月三日			二零一八年九月三日至	二零一九年三月三日至
				二零一九年三月二日	二零二三年九月三日
			1,700,000	3 September 2018 to	3 March 2020 to
				2 March 2020	3 September 2023
				二零一八年九月三日至	二零二零年三月三日至
				二零二零年三月二日	二零二三年九月三日
Total		9,200,000
總計

26 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

Details of the movements of Options granted, exercised or cancelled/lapsed during the three months ended 30 June 2019 and still outstanding as at 30 June 2019 are as follows:

於截至二零一九年六月三十日止三個月內 已授出、已行使或已注銷╱已失效及於二 零一九年六月三十日尚未行使之購股權變 動詳情如下：

Name of participants 參與者姓名 Mr. CL Chan (Director and Chief executive officer) 陳澤麟先生 （董事兼行政總裁） Ms. Wai Hang Ying Helen (Director of KML Engineering) 衛杏英女士 （高明科技工程的董事） Ms. Woo (Company Secretary) 胡女士 （公司秘書） Employees 僱員 Total 總計	Outstanding as at 1 April 2019 Number of Options granted Number of Options exercised Number of Options cancelled Number of Options lapsed Outstanding as at 30 June 2019 於二零一九年 四月一日 尚未行使 已授出 購股權數目 已行使 購股權數目 已註銷 購股權數目 已失效 購股權數目 於二零一九年 六月三十日 尚未行使 4,000,000 – – – – 4,000,000 1,400,000 – – – – 1,400,000 600,000 – – – – 600,000 3,200,000 – – – – 3,200,000
	9,200,000 – – – – 9,200,000

SHARE AWARD SCHEME

股份獎勵計劃

The Company adopted a share award scheme (the “ Share Award Scheme ”) on 5 November 2018 (the “ Adoption Date ”). Subject to any early termination as may be determined by the Board, the Share Award Scheme shall be valid and effective for a term of 15 years commencing on the Adoption Date. Please refer to the announcement dated 5 November 2018 for details.

本公司於二零一八年十一月五日（「 採納日 期 」）採納一項股份獎勵計劃（「 股份獎勵 計劃 」）。股份獎勵計劃將自採納日期起生 效，有效期為十五年，董事會可決定提前 終止。有關詳情，請參閱日期為二零一八 年十一月五日的公告。

There were no awarded shares granted, vested, forfeited or outstanding during the three months ended 30 June 2019.

於截至二零一九年六月三十日止三個月， 概無已授出、已歸屬、已失效或未行使獎 勵股份。

KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 27 二零一九年第一季度報告

DIRECTORS’ RIGHTS TO ACquIRE SHARES OR DEBENTuRES

Save as otherwise disclosed in this quarterly report, at no time during the three months ended 30 June 2019 was the Company or any of its subsidiaries a party to any arrangement that would enable the Directors to acquire benefits by means of acquisition of shares in, or debentures of, the Company or any other body corporate, and none of the Directors or any of their spouses or children under the age of 18 were granted any right to subscribe for the equity or debt securities of the Company or any other body corporate or had exercised any such right.

DIRECTOR’S, CONTROLLING SHAREHOLDERS’ INTERESTS IN COMPETING BuSINESS

For the three months ended 30 June 2019, none of the Directors, controlling Shareholders or their respective associates had engaged in or had any interest in any business which competes or is likely to compete, either directly or indirectly, with the business of the Group.

On behalf of the Board KML Technology Group Limited Luk Kam Ming Chairman and Executive Director

Hong Kong, 5 August 2019

As at the Date of this Report, the executive Directors are Mr. LUK Kam Ming, Mr. CHAN Chak Lun Philip, Mr. LUK Kwai Lung and Mr. LUK Yin Cheung; and the independent nonexecutive Directors are Mr. LAU On Kwok, Mr. LAW Wing Chi Stephen and Dr. TSE Chi Kong.

董事收購股份或債權證的權利

除本季度報告所披露者外，於截至二零 一九年六月三十日止三個月內任何時間， 本公司或其任何附屬公司概無訂立任何安 排，使董事可藉收購本公司或任何其他法 團的股份或債權證而獲得利益，且董事或 其任何配偶或未滿 18 歲子女概無獲授予任 何認購本公司或任何其他法團的權益或債 務證券的權利或已經行使任何該權利。

董事及控股股東於競爭業務的權益

截至二零一九年六月三十日止三個月，概 無董事、控股股東或彼等各自的聯繫人從 事與本集團業務直接或間接競爭或可能競 爭的任何業務或於該等業務中擁有權益。

承董事會命 高萌科技集團有限公司 陸鑑明 主席兼執行董事

香港，二零一九年八月五日

於本報告日期，執行董事為陸鑑明先生、 陳澤麟先生、陸季農先生及陸彥彰先生； 及獨立非執行董事為劉安國先生、羅永志 先生及謝智剛博士。

28 KML Technology Group Limited 高萌科技集團有限公司

First Quarterly Report 2019 二零一九年第一季度報告

KML Technology Group Limited 高萌科技集團有限公司