Sapphire BRD

Original report: PDF p. 91 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 92 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 92 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 93 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 95 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 94 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 95 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 96 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 97 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 98 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 98 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 95 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 96 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 96 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 98 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 99 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 100 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 88 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 87 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 87 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 89 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 91 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 92 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 74 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 73 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.

Original report: PDF p. 73 ↗

Five financial years ended 31 December 2021–2025. Monetary statements are in RMB thousands; basic/diluted EPS is in RMB cents. Group consolidated comprehensive income, cash flows and changes in equity; Company financial position and changes in equity. No separate Company income or cash-flow statement is disclosed.

FY2022 Group comparative figures are restated in the FY2023 annual report. Note 30 (physical pages 149–150) records subcontracting-cost under-accrual and prior-year reclassifications. The original FY2022 Group statements are retained separately with their original values. Company comparatives are unchanged.

FY2023 Note 30 (physical page 150) prints restated FY2022 profit before tax as RMB28,810 thousand. The primary income and cash-flow statements (physical pages 88 and 92) both print RMB28,180 thousand. RMB34,070 less the disclosed RMB5,890 adjustment equals RMB28,180, and RMB28,180 less RMB2,643 tax equals the disclosed RMB25,537 profit. The primary statements are retained; the inconsistent note figure is separately recorded.

FY2022 cash-flow restatement/reclassification changes operating cash flow from RMB11,318 to RMB13,028 thousand and investing cash flow from RMB(20,321) to RMB(22,031) thousand; financing cash flow RMB(2,471) thousand and net cash decrease RMB(11,474) thousand are unchanged. Note 30 separately prints adjustment/reclassification columns; no additional cash transaction is inferred.

FY2023 financial-position comparative rows are reordered in the FY2024 presentation: Company non-current other payables and current lease liabilities remain in their respective classifications. All corresponding amounts are unchanged.

FY2021 amounts owing to shareholders in the FY2022 comparative cash-flow statement are printed blank. The blank is preserved and is not replaced with a zero. Current-year cash-flow foreign-exchange comparative FY2024 is printed -*, meaning an amount below RMB1,000 rather than exact zero.

Company changes in equity print consecutive annual closing balances without a repeated opening balance for the following year. Where used as the next year’s boundary, the previous printed closing caption is retained with explicit source metadata.

FY2025 Note 12 disclosures retain original differences: the primary/rollforward total investment in associates is RMB469,450 thousand; the separate Ranken carrying amount is RMB468,775 thousand and BITC profit/investment contribution is RMB395 thousand, leaving RMB280 thousand. The movement subtotal is RMB469,055 thousand, also RMB280 thousand above the separately printed Ranken carrying amount. BAZET is shown as a dash in the current movement row versus RMB280 thousand previously; no unprinted adjustment or complete reconciliation is invented.

The FY2025 audit KAM narrative prints Ranken investment as RMB468.8 million and 62% of total assets. RMB468,775 thousand / RMB734,628 thousand from the disclosed tables is 63.81%. The KAM also describes profit and other comprehensive income totalling RMB17.7 million, while Note 12 separately prints Ranken profit share RMB17,727 thousand and OCI RMB486 thousand, totalling RMB18,213 thousand. These narrative/table differences are retained; the primary amounts are not changed.

The Company functional currency is SGD, while Group and Company statements are presented in RMB rounded to thousands (Note 2.1, physical page 99). Monetary amounts are not converted into SGD. Whole-share register quantities and financial-statement shares in thousands remain separate.