Annual Report 2025

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 111 The United Laboratories International Holdings Limited Annual Report 2025 21. INTERESTS IN AN ASSOCIATE (Continued) Summarised financial information of Ningbo Pubang The summarised financial information below represents amounts shown in Ningbo Pubang’s financial information prepared in accordance with HKFRS Accounting Standards. Ningbo Pubang is accounted for using the equity method in these consolidated financial statements. 2025 2024 RMB’000 RMB’000 Non-current assets 45 167 Current assets 49,857 17,753 Current liabilities 35,492 3,406 Loss for the year (104) (392) Summarised financial information of Ningbo Pubang Reconciliation of the above summarised financial information to the carrying amount of the interest in the associate recognised in the consolidated financial statements: 2025 2024 RMB’000 RMB’000 Net assets of the associate 14,410 14,514 Proportion of the Group’s ownership interest in the associate 49% 49% Carrying amount of Group’s interest in the associate 7,061 7,112