Intangible Assets, Net

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Intangible Assets, Net [Abstract]

INTANGIBLE ASSETS, NET

8. INTANGIBLE ASSETS, NET

Intangible assets, net consist of the following:

		As of December 31, 2024			As of June 30, 2025
		HKD			HKD			US$
Software		1,277,753			1,277,753			162,773
Trademarks		15,023,180			15,023,180			1,913,805
		16,300,933			16,300,933			2,076,578
Less: accumulated amortization		(2,759,491	)		(4,001,133	)		(509,705	)
Intangible assets, net		13,541,442			12,299,800			1,566,873

Amortization recognized for the six-month periods ended June 30, 2024 and 2025 were nil and HKD1,241,642 (approximately US$158,173), respectively.

8. INTANGIBLE ASSETS, NET

Intangible assets, net consist of the following:

		As of December 31,
		2023			2024			2024
		HKD			HKD			US$
Software		1,277,753			1,277,753			164,496
Trademarks (note (a))		—			15,023,180			1,934,057
Total		1,277,753			16,300,933			2,098,553
Less: accumulated amortization		(1,277,753	)		(2,759,491	)		(355,252	)
Intangible assets, net		—			13,541,442			1,743,301

Note (a): On May 29, 2024, the Company entered into assets purchase agreement with a company controlled by Ms. Siu, Neo-Concept (Holdings) Company Limited, to purchase the trademark at a consideration of HK$15,023,180 (US$1,931,000). The trademarks are brand names which have been registered in Hong Kong, the Mainland China, the European Union, and are being registered in the US, Qatar and the United Arab Emirates.

Amortization recognized for the years ended December 31, 2023 and 2024 were HKD112,049 and HKD1,481,738 (approximately US$190,756), respectively.