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.