Dear Shareholders,

On behalf of the board (the “Board”) of directors (the “Director(s)”) of Prosperous Future Holdings Limited (the “Company”, together with its subsidiaries, the “Group”, stock code: 1259.HK), I would like to extend my sincere gratitude to all shareholders and all sectors of the community for your constant support, and present the financial results and operating performance of the Group for the year ended 31 December 2024 (the “Reporting Period”) to the shareholders.

During the prior year ended 31 December 2023, the Group disposed its subsidiary engaged in provision of temperature-controlled storage and ancillary services business, which is presented as discontinued operation in the consolidated financial statements. During the Reporting Period, the revenue of the Group’s continuing operations was approximately HK$508.5 million, representing a decrease of approximately 1.7% from HK$517.4 million for the year ended 31 December 2023. Loss attributable to equity holders of the Company amounted to approximately HK$53.7 million as compared to loss of HK$38.7 million for the corresponding period in 2023; basic loss per share attributable to equity holders of the Company was HK$2.42 cents as compared to basic loss per share of HK$1.70 cents for the corresponding period in 2023.

In the second half of 2024, the Group has developed a new business operation within its financial business segment in the field of insurance business. A non-wholly owned subsidiary of the Group obtained a license from the Cayman Islands Monetary Authority to carry on insurance business. The Group plans to offer private placement life insurance, which is a life insurance product offering both death benefit protection and accumulative investment growth opportunities to the policyholder within the policy.

In 2025, the Group will continue to pursue its long-term goal of building up a balanced portfolio mainly composed of food and beverage services business and comprehensive financial services businesses. In light of elevated monetary policy uncertainty particularly in the United States, geopolitical tensions in the Middle East and Ukraine, aggravated international trade tensions driven by intensification of protectionist policies, the Group will closely monitor its development and keep on assessing the performance of its existing businesses, which include the provision of food and beverage services, financial services, property holding and investment holding. Given Hong Kong’s unique role as a gateway between mainland China and the global market, the Group will persist in seeking opportunities within the financial services sector.

Finally, I would like to extend my heartfelt gratitude to all our colleagues, clients, and business partners for their unwavering support and loyalty. I also want to acknowledge our colleagues’ dedication and contributions to the diligent progress of the Group. My sincere appreciation goes to our shareholders for their trust and for their understanding and recognition of the Group’s future development plans.