（於香港註冊成立的有限公司） 股份代號：51 各位登記股東： 致登記股東之信函— 發布公司通訊之新安排 根據《香港聯合交易所有限公司證券上市規則》（「《上市規則》」）第2.07A條、香港法例第622章《公司條例》 及海港企業有限公司（「本公司」）之組織章程細則，本公司謹通知 閣下，本公司將以電子形式取代印刷本發布 日後所有本公司的公司通訊（「公司通訊」1 ）。 1. 在網站刊發公司通訊 本公司網站 www.harbourcentre.com.hk 和香港交易及結算所有限公司網站 www.hkexnews.hk（「披露易網 站」）（統稱「該等網站」）將登載日後所有公司通訊的中英文電子版，以取代印刷本。 閣下如欲閱覽公司 通訊，可在本公司網站主頁點擊「投資者關係」欄，然後選擇「年報」或「中期報告」以閱覽財務報告及選擇 「公告」以閱覽其它公司通訊，或亦可瀏覽披露易網站。 2. 可供採取行動的公司通訊2 根據《上市規則》，本公司須向每名本公司股東（「股東」）個別發送可供採取行動的公司通訊。為方便以電 子形式發布可供採取行動的公司通訊，本公司建議 閣下向本公司提供有效的電郵地址。 閣下提供電郵 地址即表示同意以電子形式 ...

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: | 海港企業有限公司 | | | 呈交日期: | 2025年8月6日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 III.已發行股份及/或庫存股份變動詳情 (A). 股份期權（根據發行人的股份期權計劃） 不適用 第 3 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00051 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | | 已發行 ...

Group 1: Company Performance - The company reported a basic net loss of HKD 86 million for the first half of 2025, compared to a profit of HKD 74 million in the same period last year, primarily due to an increase in impairment provisions for development properties to HKD 211 million [1] - The group's revenue increased by 5% to HKD 654 million, while operating profit decreased by 40% to HKD 125 million, mainly attributed to development properties [1] - The basic loss per share was HKD 0.28 [1] Group 2: Revenue Breakdown - Hotel revenue rose by 1% to HKD 426 million, with operating losses reduced by 33% to HKD 29 million [1] - Revenue from Hong Kong increased by 4% to HKD 383 million, with operating losses narrowing by 69% to HKD 11 million, mainly due to an increase in occupancy rates [1] - Mainland revenue fell by 17% to HKD 43 million, with operating losses widening to HKD 18 million [1] Group 3: Investment Property and Development - Investment property revenue decreased by 22% to HKD 96 million, with operating profit down 23% to HKD 85 million, primarily affected by a decline in retail rental income [1] - Development property revenue increased to HKD 58 million, but the profit was minimal, resulting in an operating loss of HKD 1 million [1] Group 4: Market Conditions - The local consumption in Hong Kong remains weak, reflecting ongoing economic uncertainties, with residents favoring nearby regions with competitive prices for travel [2] - Encouraging signs of recovery are emerging, with inbound tourist arrivals to Hong Kong increasing by 12% year-on-year [2] - Retail sales in Hong Kong ended a long-term decline in May, growing by 2.4% compared to last year, which could further boost local consumption if the trend continues [2]

Core Viewpoint - The company reported a significant increase in revenue but also faced substantial losses, primarily due to property impairment provisions and a decline in investment property profits [1] Financial Performance - Revenue for the six months ending June 30, 2025, was approximately HKD 654 million, representing a year-on-year growth of 4.98% [1] - The company recorded a loss attributable to shareholders of HKD 199 million, compared to a loss of HKD 8 million in the same period last year [1] - Loss per share was HKD 0.28, and no interim dividend was declared [1] Key Factors Affecting Performance - The group reported a core net loss of HKD 86 million, contrasting with a profit of HKD 74 million in the same period of 2024 [1] - The increase in property impairment provisions reached HKD 211 million [1] - Losses from development properties expanded to HKD 196 million, while profits from investment properties decreased by 21% to HKD 71 million [1] - Hotel losses narrowed by 35% to HKD 31 million [1]

Core Viewpoint - The company reported a revenue of HKD 654 million for the half-year period ending June 30, 2025, representing a year-on-year increase of 4.98%, but also recorded a significant loss attributable to shareholders of HKD 199 million, which is an increase of 2387.5% compared to the previous year [1] Financial Performance - Revenue for the period was HKD 654 million, showing a growth of 4.98% year-on-year [1] - The loss attributable to shareholders was HKD 199 million, which is a substantial increase of 2387.5% year-on-year [1] - Earnings per share were reported at a loss of HKD 0.28 [1] Strategic Focus - The company's strategic priorities include enhancing operational efficiency, improving service quality, and optimizing the asset portfolio [1] - The company aims to continuously strengthen its competitive advantages while exploring strategic growth opportunities that align with long-term goals [1] - Despite facing various adverse factors in the short term, the company maintains a robust balance sheet, providing a solid foundation to navigate the changing market environment [1]

Core Viewpoint - The company reported a revenue of HKD 654 million for the half-year period ending June 30, 2025, representing a year-on-year growth of 4.98%. However, it also recorded a significant loss attributable to shareholders of HKD 199 million, which is an increase of 2387.5% compared to the previous year, resulting in a loss per share of HKD 0.28 [1] Group 1 - The company's strategic focus remains on enhancing operational efficiency, improving service quality, and optimizing its asset portfolio [1] - The company aims to continuously strengthen its competitive advantages while exploring strategic growth opportunities that align with its long-term goals [1] - Despite facing numerous adverse factors in the short term, the company maintains a robust balance sheet, which provides a solid foundation for navigating the changing market environment [1]

Group 1: Company Performance - The company reported a basic net loss of HKD 86 million for the first half of 2025, compared to a profit of HKD 74 million in the same period last year, primarily due to an increase in impairment provisions for development properties to HKD 211 million [1] - The group's revenue increased by 5% to HKD 654 million, while operating profit decreased by 40% to HKD 125 million, mainly attributed to development properties [1] - The basic loss per share was HKD 0.28 [1] Group 2: Revenue Breakdown - Hotel revenue rose by 1% to HKD 426 million, with operating losses reduced by 33% to HKD 29 million [1] - Revenue from Hong Kong increased by 4% to HKD 383 million, with operating losses narrowing by 69% to HKD 11 million, mainly due to an increase in occupancy rates [1] - Mainland revenue fell by 17% to HKD 43 million, with operating losses widening to HKD 18 million [1] Group 3: Investment Property and Development - Investment property revenue decreased by 22% to HKD 96 million, with operating profit down by 23% to HKD 85 million, primarily affected by a decline in retail rental income [1] - Development property revenue increased to HKD 58 million, but the profit was minimal, resulting in an operating loss of HKD 1 million [1] Group 4: Market Conditions - The local consumption in Hong Kong remains weak, reflecting ongoing economic uncertainties, with residents favoring nearby regions with competitive prices for travel [2] - Encouraging signs of recovery are emerging, with inbound tourist arrivals to Hong Kong increasing by 12% year-on-year [2] - Retail sales in Hong Kong ended a long-term decline in May, growing by 2.4% compared to last year, which could further boost local consumption if the trend continues [2] Group 5: Challenges in Mainland China - The hotel industry in mainland China continues to face challenges due to weak economic growth and low consumer spending [2] - Intense competition among regional attractions is further exacerbating operational pressures on domestic hotel enterprises [2]

[Performance Summary](index=1&type=section&id=Group%20Performance) [Group Performance Summary](index=1&type=section&id=Group%20Performance%20Summary) For the six months ended June 30, 2025, the Group turned from profit to loss, recorded an underlying net loss of **HKD 86 million**, primarily due to increased impairment provisions for development properties. After accounting for revaluation losses on investment properties, loss attributable to shareholders expanded to **HKD 199 million**. The Board decided not to declare an interim dividend Key Interim Performance Indicators | Indicator | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Underlying Net (Loss)/Profit | Loss HKD 86 million | Profit HKD 74 million | | Group Loss Attributable to Shareholders | HKD 199 million | HKD 8 million | | Basic Loss Per Share | HKD 0.28 | HKD 0.01 | | Interim Dividend | Nil | Nil | - The primary reason for the performance decline was a doubling of the share of impairment provisions for development properties to **HKD 211 million**, compared to the same period last year's **HKD 103 million**[2](index=2&type=chunk) - Net revaluation losses on investment properties expanded to **HKD 113 million**, further exacerbating the Group's loss[2](index=2&type=chunk) [Business Review](index=1&type=section&id=Business%20Review) [Market Environment](index=1&type=section&id=Market%20Environment) During the period, Hong Kong's consumer market remained sluggish, with pressure on retail and hospitality sectors, though visitor arrivals increased by **12%** year-on-year and retail sales showed signs of stabilization. The Mainland China market faced continued adversity and intense competition in the hotel sector due to weak economic growth and subdued consumer sentiment - Hong Kong's consumer market remained sluggish, coupled with the trend of Hong Kong residents traveling abroad, posing significant pressure on the local retail and hotel industries[5](index=5&type=chunk) - Despite the weak market, Hong Kong's visitor arrivals increased by **12%** year-on-year in the first half, and retail sales in May also grew by **2.4%** year-on-year, showing initial signs of stabilization[5](index=5&type=chunk) - Weak economic growth and subdued consumer sentiment in Mainland China, coupled with intense competition among regional attractions, intensified operational pressure on the hotel industry[6](index=6&type=chunk) [Segment Business Performance](index=2&type=section&id=Segment%20Business%20Performance) All business segments faced challenges. Hong Kong hotel operations, despite higher occupancy, performed poorly. Investment properties saw declines in both revenue and profit due to cautious spending. Mainland China hotel operations experienced revenue decreases due to market weakness and increased competition. Development property sales were slow, leading to significant impairment provisions - Hong Kong hotel operations (The Murray, Marco Polo Hotels) recorded higher occupancy rates but overall underperformed, requiring capital investment to enhance competitiveness[7](index=7&type=chunk) - Investment property revenue and operating profit decreased by **22%** and **23%** respectively, with a revaluation loss of **HKD 113 million** recorded[8](index=8&type=chunk) - Mainland China hotel (Niccolo Suzhou) experienced declines in both room and non-room revenue due to market weakness and pricing pressure[9](index=9&type=chunk) - Development property sales were slow, with only **RMB 19 million** in contracted sales recorded during the period, and an impairment provision of **HKD 211 million** made[10](index=10&type=chunk) [Outlook](index=3&type=section&id=Outlook) [Market Outlook and Group Strategy](index=3&type=section&id=Market%20Outlook%20and%20Group%20Strategy) The Group anticipates that while Hong Kong's retail and tourism sectors show signs of recovery, their foundation remains fragile, and Mainland China's luxury hotel industry will continue to be affected by economic downturn and cautious consumer spending. To address these challenges, the Group's strategic focus is on enhancing operational efficiency, service quality, and optimizing its asset portfolio, leveraging a robust balance sheet to navigate market changes - Hong Kong's consumer sentiment is expected to remain fragile, with competition from surrounding regions continuing to lead to consumer outflow[11](index=11&type=chunk) - Mainland China's economic growth is projected to remain sluggish, and the hotel industry will face intense domestic competition and challenges from consumer outflow to outbound tourism[11](index=11&type=chunk) - The Group's strategic focus is on enhancing operational efficiency, service quality, and optimizing its asset portfolio, leveraging a robust balance sheet to seek long-term growth opportunities[11](index=11&type=chunk) [Financial Review](index=4&type=section&id=Financial%20Review) [Review of 2025 Interim Results](index=4&type=section&id=Review%20of%202025%20Interim%20Results) The Group's total revenue increased by **5%** year-on-year to **HKD 654 million**, but operating profit significantly decreased by **40%** to **HKD 125 million**. The results turned from profit to loss, recording a net loss attributable to shareholders of **HKD 199 million**, primarily due to increased impairment provisions for development properties and revaluation losses on investment properties Group Revenue and Operating Profit Overview (HKD Million) | Indicator | 2025 H1 | 2024 H1 | YoY Change | | :--- | :--- | :--- | :--- | | Total Revenue | 654 | 623 | +5% | | Operating Profit | 125 | 209 | -40% | Performance by Business Segment (HKD Million) | Business Segment | Item | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | :--- | | **Hotels** | Revenue | 426 | 422 | | | Operating Loss | (29) | (43) | | **Investment Properties** | Revenue | 96 | 123 | | | Operating Profit | 85 | 111 | | **Development Properties** | Revenue | 58 | 8 | | | Operating (Loss)/Profit | (1) | 74 | - Loss attributable to associates expanded to **HKD 155 million**, primarily due to impairment provisions of **HKD 178 million** for their development properties[18](index=18&type=chunk) Reconciliation of Underlying Net Profit to Loss Attributable to Shareholders (HKD Million) | Item | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Underlying Net (Loss)/Profit | (86) | 74 | | Share of Net Revaluation Loss on Investment Properties | (113) | (82) | | **Loss Attributable to Shareholders** | **(199)** | **(8)** | [Financial Position and Liquidity](index=5&type=section&id=Review%20of%20Financial%20Position%2C%20Liquidity%2C%20Financial%20Resources%20and%20Commitments) Despite recording a loss, the Group's financial position remains robust. Shareholders' equity increased to **HKD 14.6 billion** due to investment revaluation surplus. The Group's total assets are approximately **HKD 16.1 billion**, with **80%** located in Hong Kong. At period-end, the Group held net cash of **HKD 167 million** and possessed sufficient standby credit facilities and a liquid equity investment portfolio - As at June 30, 2025, shareholders' equity increased to **HKD 14.597 billion**, primarily due to an investment revaluation surplus of **HKD 596 million**[21](index=21&type=chunk) - The Group's total assets were **HKD 16.09 billion**, with Hong Kong assets accounting for **80%** and Mainland China assets for **12%**[22](index=22&type=chunk) Equity Investment Portfolio (HKD Million) | Item | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **By Industry** | | | | Property | 2,633 | 2,171 | | Others | 418 | 334 | | **By Geography** | | | | Hong Kong | 1,745 | 1,498 | | Overseas | 1,306 | 1,007 | | **Total** | **3,051** | **2,505** | - At period-end, the Group held net cash of **HKD 167 million** and had total standby credit facilities of **HKD 1.333 billion**, of which **HKD 429 million** had been utilized[28](index=28&type=chunk)[29](index=29&type=chunk) - Net cash inflow from operating activities was **HKD 94 million**, and net cash inflow from investing activities was **HKD 44 million**[30](index=30&type=chunk) [Human Resources](index=7&type=section&id=Human%20Resources) As at June 30, 2025, the Group employed approximately **1,100** staff. Remuneration policy is based on job responsibilities and market trends, with discretionary performance bonuses linked to individual and Group performance - As at June 30, 2025, the Group employed approximately **1,100** staff[32](index=32&type=chunk) [Consolidated Financial Statements](index=8&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statement of Profit or Loss](index=8&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss) For the six months ended June 30, 2025, the Group's revenue was **HKD 654 million**, a year-on-year increase. However, due to fair value changes in investment properties, increased other net expenses, and expanded losses from associates, a pre-tax loss of **HKD 189 million** was recorded, with loss attributable to shareholders at **HKD 199 million** Consolidated Statement of Profit or Loss Summary (HKD Million) | Item | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Revenue | 654 | 623 | | Operating Profit | 125 | 209 | | Fair Value Changes of Investment Properties | (113) | (82) | | Share of Post-tax Results of Associates | (155) | (113) | | (Loss)/Profit Before Tax | (189) | 3 | | **Loss Attributable to Company Shareholders** | **(199)** | **(8)** | [Consolidated Statement of Comprehensive Income](index=9&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) During the period, despite an operating loss of **HKD 211 million**, other comprehensive income recorded a positive value due to a **HKD 596 million** gain from fair value changes in equity investments, resulting in a total comprehensive income of **HKD 405 million** for the period Consolidated Statement of Comprehensive Income Summary (HKD Million) | Item | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Loss for the Period | (211) | (17) | | Fair Value Changes of Equity Investments | 596 | (421) | | Other Comprehensive Income for the Period | 616 | (430) | | **Total Comprehensive Income for the Period** | **405** | **(447)** | [Consolidated Statement of Financial Position](index=10&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As at June 30, 2025, the Group's total assets were **HKD 16.09 billion**, total liabilities were **HKD 1.39 billion**, and net assets were **HKD 14.7 billion**. Shareholders' equity increased from end-2024 to **HKD 14.597 billion** Consolidated Statement of Financial Position Summary (HKD Million) | Item | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Non-current Assets** | 14,530 | 14,325 | | Investment Properties | 4,833 | 4,946 | | Hotel Properties, Plant and Equipment | 6,425 | 6,504 | | Equity Investments | 3,051 | 2,505 | | **Current Assets** | 1,560 | 1,476 | | **Total Assets** | **16,090** | **15,801** | | **Total Liabilities** | (1,390) | (1,471) | | **Net Assets** | **14,700** | **14,330** | | **Shareholders' Equity** | 14,597 | 14,217 | [Notes to Interim Financial Information](index=11&type=section&id=Notes%20to%20Unaudited%20Interim%20Financial%20Information) [Principal Accounting Policies and Basis of Preparation](index=11&type=section&id=Principal%20Accounting%20Policies%20and%20Basis%20of%20Preparation) This interim financial information is prepared in accordance with Hong Kong Accounting Standard 34, with accounting policies consistent with the 2024 annual financial statements. The Group adopted amendments to Accounting Standard 21 during the period, but assessed no significant impact on its financial position - The interim financial information is prepared in accordance with Hong Kong Accounting Standard 34 "Interim Financial Reporting"[36](index=36&type=chunk) - Except for the adoption of Accounting Standard 21 (Revised), the accounting policies used are consistent with the 2024 annual financial statements, and this revision has no significant impact on the Group[36](index=36&type=chunk)[37](index=37&type=chunk) [Segment Information](index=12&type=section&id=Segment%20Information) The Group's operating segments are classified into four sectors: Hotels, Investment Properties, Development Properties, and Investments. During the period, the Development Properties segment recorded the largest loss of **HKD 202 million**, while the Investments segment contributed a profit of **HKD 70 million**. Hotel business losses narrowed, and investment property profits declined - The Group identified four reportable operating segments: Hotels, Investment Properties, Development Properties, and Investments[39](index=39&type=chunk) Segment Performance Analysis (For the six months ended June 30, 2025, HKD Million) | Segment | Revenue | Operating Profit/(Loss) | Profit/(Loss) Before Tax | | :--- | :--- | :--- | :--- | | Hotels | 426 | (29) | (29) | | Investment Properties | 96 | 85 | (28) | | Development Properties | 58 | (1) | (202) | | Investments | 70 | 70 | 70 | | **Group Total** | **654** | **125** | **(189)** | [Other Disclosures](index=18&type=section&id=Other%20Disclosures) [Corporate Governance and Securities Transactions](index=18&type=section&id=Corporate%20Governance%20and%20Securities%20Transactions) During the reporting period, the Company complied with all applicable provisions of the Corporate Governance Code, with the sole exception of the roles of Chairman and Chief Executive Officer being held by the same individual, which the Board believes contributes to efficient execution of long-term strategies. Furthermore, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the period - The Company complied with the Corporate Governance Code, with a deviation where the Chairman and Chief Executive Officer roles are held by the same person, an arrangement the Board considers more effective[56](index=56&type=chunk) - During the financial period under review, neither the Company nor its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[57](index=57&type=chunk)

天眼查商业履历信息显示，重庆渝开发股份有限公司，成立于1992年，位于重庆市，是一家以从事房地 产业为主的企业。企业注册资本84377.0965万人民币，实缴资本84377.0965万人民币。公司法定代表人 为陈业。 通过天眼查大数据分析，重庆渝开发股份有限公司共对外投资了13家企业，参与招投标项目933次，知 识产权方面有商标信息62条，此外企业还拥有行政许可126个。 渝开发最新一期业绩显示，截至2025一季报，公司营业总收入7704.03万元、同比减少1.64%，归属净利 润1.80亿元，同比增长786.39%，扣非净利润2063.24万元，同比增长47.45%，流动比率2.044、速动比率 0.597、资产负债率42.61%。 金融界消息 截至2025年7月30日收盘，渝 开 发（000514）报收于5.74元，下跌2.71%，换手率5.05%， 成交量42.59万手，成交金额2.48亿元。 来源：金融界 资金流向方面，今日主力资金净流出3753.11万元，占比成交额15.12%。其中，超大单净流出1485.08万 元、占成交额5.98%，大单净流出2268.04万元、占成交额9.14%，中单净流出流 ...

Group 1 - Nanshan Aluminum International (02610.HK) expects a mid-term net profit of approximately $225 million to $265 million for the six months ending June 30, 2025, compared to a net profit of about $159 million for the same period ending June 30, 2024 [1] - The increase in net profit is primarily attributed to an improvement in gross margin, driven by higher alumina prices and relatively stable unit production costs [1] - The average selling price of the company's products for the first half of 2025 is expected to be around $530 per ton, up from approximately $387 per ton in the first half of 2024, but lower than $561 per ton in the second half of 2024 [1] Group 2 - TCL Electronics (01070.HK) anticipates a year-on-year adjusted net profit growth of approximately 45% to 65% for the first half of 2025 [2] - Renrui Talent (06919.HK) expects a mid-term profit attributable to equity holders to increase by 66.7% to 94.1% [2] - China Rare Earth Holdings (03788.HK) reports an increase in total gold resources to 5.07 million ounces [2]