Annual Report 2020

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 54 DIRECTORS’ REPORT 董事會報告 股份溢價及儲備 本集團股份溢價及儲備於年內之變動詳情載於第 74 頁之 綜合權益變動表內。 於二零二零年十二月三十一日，本公司可供分派予股東 的儲備為 783,382,000 港元（二零一九年： 765,800,000 港 元），即股份溢價及保留利潤之合計。 董事 年內及截至本報告日止，本公司之在任董事如下： 執行董事 許森平先生， 主席 許森泰先生， 行政總裁 許婉莉女士， 財務總監 獨立非執行董事 池民生先生 黃珠亮先生 周淑明先生 根據本公司之組織章程細則第 87(1) 條，池民生先生及周 淑明先生將於本公司應屆股東週年大會輪值告退，惟彼等 符合資格並願膺選連任。 各董事已經與本公司訂立服務協議，任期約兩年，直至二 零二一年三月三十一日止，可於任何一方發出不少於三個 月書面通知後終止。 除上文披露者外，擬於本公司應屆股東週年大會重選連任 之董事概無與本公司或其任何附屬公司訂立本集團如不作 出賠償（法定賠償除外）則不能在一年內終止之服務合約。 SHARE PREMIUM AND RESERVES Details of the movement in the share premium and reserves of the Group during the year are set out in the consolidated statement of changes in equity on page 74. As at 31st December 2020, the Company’s reserves available for distribution to shareholders amounted to HK$783,382,000 (2019: HK$765,800,000), being the aggregation of share premium and retained profits. DIRECTORS The Directors of the Company during the year and up to the date of this report were: Executive Directors Mr. Hui Sum Ping, Chairman Mr. Hui Sum Tai, Chief Executive Officer Ms. Hui Yuen Li, Chief Financial Officer Independent Non-executive Directors Mr. Chee Man Sang, Eric Mr. Wong Chu Leung Mr. Chau Suk Ming In accordance with Article 87(1) of the Company’s Articles of Association, Mr. Chee Man Sang, Eric and Mr. Chau Suk Ming shall retire from office by rotation at the forthcoming annual general meeting of the Company and, being eligible, offer themselves for re-election. Each of the Directors has entered into a service agreement with the Company for a term of around two years up to 31st March, 2021, which may be terminated by not less than three months’ notice in writing served by either party. Save as disclosed above, no Director proposed for re-election at the forthcoming annual general meeting of the Company has a service contract with the Company or any of its subsidiaries which is not determinable by the Group within one year without payment of compensation, other than statutory compensation.