PDF《Polyfair Holdings Limited》

ANNUALREPORT

2018 年报 (Incorporated in the Cayman Islands with limited liability) Stock Code 股份代号 :

8532 Polyfair Holdings Limited (於开曼群岛注册成立的有限公司) 宝发控股有限公司 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE STOCK EXCHANGE ) GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange.

Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report. This report, for which the directors (the Directors ) of Polyfair Holdings Limited (the Company ) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the GEM Listing Rules ) for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this report is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this report misleading. 香港联合交易所有限公司 ( 「联交所」 ) GEM的特色 GEM乃为较於联交所上市的其他公司带有更高投资风险的中小型公司提供上市的市场.有意投资者应了解投资於该等公 司的潜在风险,并应经过审慎周详的考虑后方作出投资决定. 由於GEM上市公司一般为中小型公司,在GEM买卖的证券可能会承受较於主板买卖的证券为高的市场波动风险,同时亦 无法保证在GEM买卖的证券会有高流通量之市场. 香港交易及结算所有限公司及联交所对本报告的内容概不负责,对其准确性或完整性亦不发表任何声明,并明确表示, 概不就因本报告全部或任何部份内容而产生或因倚赖该等内容而引致的任何损失承担任何责任. 本报告包括的资料乃遵照联交所GEM证券上市规则 ( 「GEM上市规则」 ) 的规定而提供有关宝发控股有限公司 ( 「本公司」 ) 的资料,本公司董事 ( 「董事」 ) 愿就本报告共同及个别承担全部责任.董事经作出一切合理查询后,确认就彼等所知及 所信,本报告所载资料在各重大方面均属准确及完整,并无误导或欺骗成份,且并无遗漏任何事实,致使本报告所载任 何内容或本报告产生误导.

1 2 Corporate Information 公司资料

4 Chairman'

s Statement 主席报告

6 Management Discussion and Analysis 管理层讨论及分析

15 Biographical Details of Directors and Senior Management 董事及高级管理层履历详情

22 Corporate Governance Report 企业管治报告