股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 其士國際集團有限公司 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00025 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 540,000,000 | HKD | | 1.25 | HKD | | 675,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 540,000,000 | HKD | | 1.25 | HKD | | 675,000,000 | 本月底法定/註冊股本總額 ...

Group 1 - The executive director of CHEVALIER INT'L, He Zongliang, will not seek re-election at the annual general meeting and will resign after the meeting [1] - Starting from September 1, 2025, Shi Ronghuai will be appointed as a member of the company's nomination committee [1]

Core Viewpoint - Chevalier International (00025) announced that its executive director, Mr. Ho Chung Leung, will not seek re-election at the annual general meeting and will retire from the board after the meeting, confirming no disagreements with the board [1] Summary by Sections - **Directorate Changes** - Mr. Ho Chung Leung will retire as executive director after the annual general meeting [1] - He has confirmed that there are no disagreements with the board regarding his retirement [1] - Mr. Ho will also cease to be a member of the executive committee [1] - **New Appointments** - Effective September 1, 2025, Mr. Shih Jung Huai will be appointed as a member of the company's nomination committee [1]

CHEVALIER INTERNATIONAL HOLDINGS LIMITED 其士國際集團有限公司 * 潘宗光教授 施榮懷先生 孫立勳先生 關蕙女士 董事會已設立四個委員會，名為執行委員會、審核委員會、薪酬委員會及提名委 員會。下表提供各董事會成員在這些委員會中所擔任的角色。 | | 委員會 執行 | 審核 | 薪酬 | 提名 | | --- | --- | --- | --- | --- | | 董事 | 委員會 | 委員會 | 委員會 | 委員會 | | 郭海生先生 | C | – | M | C | | 周維正先生 | M | – | M | – | | 譚國榮先生 | M | – | – | – | | 馬志榮先生 | M | – | – | – | | 周莉莉小姐 | M | – | – | – | | 潘宗光教授 | – | M | C | M | | 施榮懷先生 | – | M | – | M# | | 孫立勳先生 | – | M | M | – | | 關蕙女士 | – | C | M | M | 董事名單與其角色和職能 其士國際集團有限公司董事會（「董事會」）成員載列如下： 執行董事 郭 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHEVALIER INTERNATIONAL HOLDINGS LIMITED 其士國際集團有限公司 * （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號：25） 二零二五年八月二十七日舉行之股東週年大會 投票表決結果 及 執行董事之退任 及 董事委員會組成變更 由於以上每項決議案均獲超過50%之票數贊成，因此所有決議案皆正式通過為普 通決議案。 – 2 – 執行董事退任及董事委員會組成變更 董事會宣佈，本公司之執行董事何宗樑先生（「何先生」）於股東週年大會不尋求膺 選連任，並於股東週年大會結束後退任本公司之執行董事。何先生已確認彼與董 事會並無意見分歧，亦無任何有關其退任董事會之事宜需敦請股東垂注。據此， 彼亦不再擔任執行委員會之成員。 其士國際集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈，於二零 二五年八月二十七日舉行之股東週年大會（「股東週年大會」）上 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 其士國際集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00025 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 540,000,000 | HKD | | 1.25 | HKD | | 675,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 540,000,000 | HKD | | 1.25 | HKD | | 675,000,000 | 本月底法定/註冊股本總額 ...

HERITAGE INNOVATION ENVISIONING THE FUTURE 傳承．開創．啟未來 2025 ANNUAL REPORT 年報 | Vision, Mission and Core Values | 2 | 願景、使命及核心價值 | | --- | --- | --- | | Our Businesses | 3 | 業務概覽 | | Financial Summary | 4 | 財務概要 | | Corporate Information | 8 | 企業資料 | | Project Highlights | 10 | 重點項目 | | CSR Highlights | 12 | 企業社會責任重點活動 | | Letter to Shareholders | 14 | 致股東之函件 | | Management Discussion and Analysis | 17 | 管理層討論及分析 | | Financial Review | 25 | 財務回顧 | | Management Profile | 31 | 管理層簡介 | | Schedule of Major Propert ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHEVALIER INTERNATIONAL HOLDINGS LIMITED 其士國際集團有限公司 * （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號：25） 截至二零二五年三月三十一日止年度之 業績公佈 業績 其士國際集團有限公司（「本公司」）董事會（「董事會」）欣然公佈，本公司及其附屬 公司（統稱「本集團」）截至二零二五年三月三十一日止年度之經審核綜合業績，連 同比較數字概列如下： 綜合收益表 截至二零二五年三月三十一日止年度 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 港幣千元 | 港幣千元 | | 收入 | 4 | 9,265,045 | 8,196,207 | | 銷售成本 | | (8,626,053) | (7,341,510) | | 毛利 | | 638,992 | 854,697 | | ...

Revenue and Profitability - Revenue for the six months ended September 30, 2024, was HK$4,032,804, an increase of 2.7% from HK$3,926,559 in the same period of 2023[18] - Profit for the period increased to HK$77,003, up 12.5% from HK$68,469 in the same period last year[18] - Earnings per share rose to HK$0.27, compared to HK$0.19 in the previous year, reflecting a 42.1% increase[18] - Profit for the period increased to HK$77,003,000 from HK$68,469,000, representing a growth of approximately 23%[25] - Total comprehensive income for the period reached HK$190,726,000, compared to a loss of HK$159,654,000 in the previous period[25] - Profit attributable to shareholders for the six months ended 30 September 2024 is HK$80,318,000, an increase of 37% compared to HK$58,596,000 in 2023[116] Costs and Expenses - Gross profit decreased to HK$348,056, down 25.4% from HK$466,422 in the previous year[18] - Operating profit for the period was HK$122,827, a decline of 6.4% compared to HK$131,891 in 2023[18] - Finance costs rose to HK$131,788, an increase of 53.0% from HK$86,132 in the previous year[18] - Selling and distribution costs decreased to HK$83,147, down 13.0% from HK$95,562 in the previous year[18] - Administrative expenses decreased to HK$195,140, a reduction of 4.9% from HK$205,183 in 2023[18] - Interest expenses on lease liabilities and borrowings totaled HK$145.0 million, compared to HK$119.0 million in the previous year, reflecting an increase of 21.8%[100] Assets and Liabilities - Non-current assets rose to HK$12,477,022,000 from HK$11,547,152,000, indicating an increase of about 8%[28] - Current assets decreased to HK$8,276,417,000 from HK$8,817,403,000, reflecting a decline of approximately 6%[29] - Total liabilities increased to HK$10,267,826,000 from HK$10,022,219,000, representing a rise of 2.5%[85] - Total segment assets as of 30 September 2024 amounted to HK$20,447,163,000, up from HK$19,711,482,000 as of 31 March 2024, indicating a growth of 3.7%[85] Cash Flow and Financing - The company reported a net cash used in operating activities of HK$432.781 million, compared to HK$447.234 million in the same period last year[35] - Cash and cash equivalents at the end of the period decreased to HK$1,930,284,000 from HK$2,376,450,000, a decline of 18.8%[37] - Net cash from financing activities was HK$123,657,000, down 73.8% from HK$471,337,000 in the previous year[37] - The drawn down of bank and other borrowings was HK$1,168,699,000, compared to HK$1,734,499,000, a decrease of 32.6%[37] Investments and Financial Performance - Finance income increased significantly to HK$63,422, up 64.1% from HK$38,648 in 2023[18] - The company reported an unrealized loss on investments at fair value through profit or loss of HK$53,134, indicating challenges in investment performance[66] - The net gain on investments at fair value was HK$5.2 million, a significant recovery from a loss of HK$53.4 million in the previous year[97] - The company recognized revenue from contracts with customers of HK$2,760,686, with HK$2,108,136 recognized at a point in time and HK$890,224 recognized over time[54] Dividends and Shareholder Returns - An interim dividend of HK$0.08 per share has been declared, compared to HK$0.06 per share in the previous year, reflecting a 33% increase[124] - Dividends paid decreased to HK$42,265,000 from HK$84,540,000, a reduction of 50% year-over-year[37] - The final dividend for the 2023/24 fiscal year was HK$0.14 per share, totaling HK$42,270,000, which was paid on 20 September 2024[119] Segment Performance - Segment revenue from construction and engineering was HK$2,759,264, while healthcare investment generated HK$96,973, and car dealership contributed HK$390,253[54] - The group reported a segment profit before finance costs of HK$232,880, compared to HK$206,184 in the previous year, indicating an increase of about 12.96%[64] - Revenue from the Construction and Engineering segment increased by 10% from HK$2,511 million to HK$2,759 million, although segment profit before net finance costs decreased by 38% to HK$121 million[192] Market and Operational Insights - The company plans to continue focusing on market expansion and new product development to drive future growth[58] - The company continues to expand its operations across various regions, including Hong Kong, Mainland China, and the USA, enhancing its market presence[86] - The construction division has successfully integrated Modular Integrated Construction (MiC) technology in projects, enhancing quantity, speed, efficiency, and quality[196] Financial Risk Management - The Group is exposed to various financial risks, including market risk, credit risk, and liquidity risk[174] - The Group's financial risk management policies have remained unchanged since March 31, 2024[175]

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 4,032,804, an increase of 2.7% compared to HKD 3,926,559 for the same period in 2023[3] - Operating profit for the period was HKD 122,827, a decrease of 6.4% from HKD 131,891 in the previous year[3] - Net profit attributable to shareholders for the period was HKD 80,318, up 37.0% from HKD 58,596 in the same period last year[5] - Basic and diluted earnings per share increased to HKD 0.27 from HKD 0.19, representing a growth of 42.1%[5] - Total comprehensive income for the period was HKD 190,726, compared to a loss of HKD 159,654 in the same period last year[7] - The company reported financial income of HKD 63,422, up from HKD 38,648 in the previous year, indicating a growth of 64.1%[5] - The net profit after deducting finance costs for the group was HKD 243,798 thousand, an increase from HKD 192,047 thousand, showing a growth of about 26.9%[26] - For the six months ended September 30, 2024, the company reported a pre-tax profit of HKD 80,318,000, compared to HKD 58,596,000 for the same period in 2023, representing a year-over-year increase of approximately 37%[52] Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 4,088,446 thousand, an increase from HKD 3,994,315 thousand for the same period in 2023, representing a growth of approximately 2.36%[22] - The group's revenue from construction and machinery engineering was HKD 2,134,112 thousand, up from HKD 1,802,930 thousand, reflecting a year-on-year increase of about 17.4%[22] - The revenue from property investment was HKD 97,991 thousand, slightly up from HKD 96,299 thousand, indicating a growth of approximately 1.76%[22] - The revenue from healthcare investment was HKD 431,000 thousand, compared to HKD 405,596 thousand, reflecting an increase of about 6.25%[22] - The revenue from automotive agency was HKD 530,427 thousand, a decrease from HKD 804,515 thousand, representing a decline of approximately 34%[22] - The total income from joint ventures and associates was HKD 1,024,223 thousand, a slight decrease from HKD 1,105,315 thousand, indicating a decline of about 7.35%[22] Assets and Liabilities - Non-current assets increased to HKD 12,477,022 as of September 30, 2024, from HKD 11,547,152 as of March 31, 2024[9] - Current liabilities amounted to HKD 4,905,785, a slight increase from HKD 4,878,300 as of March 31, 2024[11] - Total assets as of September 30, 2024, amounted to HKD 20,753,439,000, an increase from HKD 20,364,555,000 as of March 31, 2024[30] - Total liabilities as of September 30, 2024, were HKD 10,267,826,000, compared to HKD 10,022,219,000 as of March 31, 2024[30] - The company’s bank and other borrowings increased to HKD 4,663,159,000 as of September 30, 2024, from HKD 4,470,905,000 as of March 31, 2024[30] - The company’s total equity increased to HKD 10,485,613,000 as of September 30, 2024, from HKD 10,342,336,000 as of March 31, 2024[30] Market and Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[2] - The company is focusing on market expansion in regions including Canada, Singapore, and the UK, enhancing its global footprint[32] - The company continues to adopt innovative construction technologies such as MiC and BIM to address labor shortages and improve efficiency and quality[93] - The company is closely monitoring the performance of its healthcare investment portfolio and will explore opportunities to rebalance it as necessary[95] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 0.08 per share, up from HKD 0.06 per share in the previous year, totaling HKD 24,101,000 for the current period[55] - The interim dividend declared is HKD 0.08 per share, an increase from HKD 0.06 per share in the previous year, representing a growth of 33.3%[66] - The company repurchased a total of 632,000 shares at a total cost of HKD 3,023,580, believing that the share price did not reflect its intrinsic value[100] Governance and Compliance - The group has adopted the Hong Kong Financial Reporting Standards (HKFRS) and the relevant accounting policies remain consistent with the annual consolidated financial statements for the year ending March 31, 2024[14] - The group expects no significant impact from the newly issued accounting standards that will take effect from April 1, 2024, on its financial performance and position[17] - The company has adopted the corporate governance code as per the listing rules and has complied with all applicable provisions for the six months ending September 30, 2024, except for specific provisions[102] - The audit committee consists of four independent non-executive directors, who reviewed the accounting policies and practices of the group for the six months ending September 30, 2024[105] Economic Environment - The macroeconomic environment remains challenging due to geopolitical tensions, inflation, and potential impacts from the U.S. presidential election[88] - The government aims to provide 7,000 hectares of land and develop the Northern Metropolis area by 2048 to stabilize long-term housing supply[90] - The government has implemented measures to stimulate the real estate market, including the removal of stamp duty and relaxation of mortgage restrictions, which have shown signs of recovery[92]