Group 1 - The core viewpoint of the news highlights the significant stock performance of Green Leader Holdings, with a recent increase of 17.65% and a year-to-date rise of 34.92%, outperforming the Hang Seng Index by 20.45% [1] - Financial data shows that Green Leader Holdings achieved total revenue of 111 million yuan, a year-on-year increase of 25.66%, and a net profit attributable to shareholders of 1.461 billion yuan, reflecting a substantial growth of 187.48% [1] - The company's gross profit margin stands at 13.61%, while its debt-to-asset ratio is notably high at 1758.45% [1] Group 2 - Green Leader Holdings operates five coking coal mines in Shanxi, China, with an annual production capacity of 4 million tons [2] - Since 2015, the company has shifted its investment focus towards sustainable industries, including the establishment of an ecological circular economy chain in Cambodia, utilizing cassava as a raw material [2] - The company has acquired a total of 43,000 hectares of land in Cambodia, with a business model based on 20,000 hectares as an open module for modern industrial planting and standardized factory management [2] Group 3 - The coal industry has an average price-to-earnings (P/E) ratio of 3.05 times, with a median of 2.68 times, while Green Leader Holdings boasts a remarkably low P/E ratio of 0.03 times, ranking first in the industry [1] - Other companies in the coal sector have higher P/E ratios, such as Other Mongolia Energy at 0.05 times and Nengobi at 1.43 times [1]

承 董 事 會命 綠 領 控 股 集 團 有 限 公 司 綠領控股集團有限公司 (於百慕達註冊成立之有限公司) (股份代號 : 61) 更 改 公 司 網 址 綠 領 控 股 集 團 有 限 公 司 (「本公司 」) 之 董 事 會 (「董 事 會 」) 謹 此 宣 佈 ， 本 公 司 網 址 將 由 「 www.greenleader.hk」 更改為 「 www.irasia.com/listco/hk/greenleader」 ， 從二零 二 五 年 六 月 三 日 起 生 效 。 本 公 司 提 交 以 供 於 香 港 聯 合 交 易 所 有 限 公 司 網 站 上 刊 發 的 所有 公 告、通 告 或 其他 文 件 亦將 在 本 公司 之 新網址 上 刊 發。 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，概不就因本公告 全部或任何部分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。 GREEN LEADER HOLDINGS GROUP LIMITED 公司秘 書 陳卓豪 香港， 二零二五 年六月二日 於 本 公 ...

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。 於週年股東大會當日，已發行股份總數為526,260,404股。(a)於週年股東大會當日， 本 公 司 概 無 持 有 庫 存 股 份（包 括 持 有 或 寄 存 於 香 港 中 央 結 算 有 限 公 司 設 立 及 運 作 之 中 央 結 算 及 交 收 系 統 之 任 何 庫 存 股 份），因 此，概 無 於 週 年 股 東 大 會 上 行 使 庫存股份之投票權；及(b)概無待註銷並就週年股東大會而言不應計入已發行股 份總數之購回股份。據董事在作出一切合理查詢後所深知、盡悉及確信，概無股 東有權出席週年股東大會惟須根據上市規則第13.40條所載於會上放棄投票贊成 任 何 決 議 案，亦 無 股 東 須 根 據 上 市 規 則 規 定 於 週 年 股 東 大 會 上 就 任 何 決 議 案 放 棄 投 票。概 無 股 東 於 該 通 函 內 表 示 有 意 於 週 年 股 東 大 會 上 就 任 何 ...

GREEN LEADER HOLDINGS GROUP LIMITED 綠領控股集團有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） (Stock Code 股份代號: 61) NOTIFICATION LETTER 通知信函 Date as postmarked Dear Non-registered Shareholders(s) (Note 1) , Green Leader Holdings Group Limited (the "Company") – Notice of publication of the annual report for the year ended 31 December 2024; the Circular dated 29 April 2025 (together with notice of annual general meeting) (the "Current Corporate Communication"); and the 2024 Environmental, So ...

GREEN LEADER HOLDINGS GROUP LIMITED 綠領控股集團有限公司 (Incorporated in Bermuda with limited liability) Should you have any queries relating to this notification, please call the Branch Share Registrar's telephone hotline at (852) 2980 1333 from 9:00 a.m. to 6:00 p.m., Monday to Friday (excluding public holidays). （於百慕達註冊成立之有限公司） (Stock Code 股份代號: 61) NOTIFICATION LETTER 通知信函 Date as postmarked Dear Registered Shareholders, Green Leader Holdings Group Limited (the "Company") – Notice of publication of the annual re ...

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之內容概不負 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 或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 綠領控股集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：61） 週年股東大會通告 茲通告 綠 領 控 股 集 團 有 限 公 司（「本公司」）謹 訂 於 二 零 二 五 年 五 月 二 十 九 日（星 期 四）上 午11時正假座香港中環德輔道中19號環球大廈21樓2102室（或 倘 黑 色 暴 雨 警告信號或八號或以上熱帶氣旋警告信號於當日上午8時正在香港生效，則於二 零 二 五 年 五 月 三 十 日（星 期 五）於 相 同 時 間 及 地 點）舉 行 週 年 股 東 大 會（「週年股東 大 會」），藉 以 考 慮 及 酌 情 通 過 以 下 普 通 決 議 案（不 論 有 否 修 訂）： 普通決議案 GREEN LEADER HOLDINGS GROUP LIMITED – 1 – 1. 省 覽、考 慮 及 採 納 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 本 公 ...

本通函乃要件 請即處理 閣下如 對本通函任何方面或應採取之行動 有任何疑問，應諮詢 閣下之持牌證券交易商、 銀行經理、律師、專業會計師或其他專業顧問。 閣下如 已 將 名 下 之 綠 領 控 股 集 團 有 限 公 司（「本公司」）股 份 全 部 售出或轉讓，應立即將本通 函及隨附之代表委任表格送交買主或承讓人，或經手買賣或轉讓之銀行、持牌證券交易商 或其他代理商，以便轉交買主或承讓人。 香港交易及結算所有限公司以及香港聯合交易所有限公司對本通函之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 GREEN LEADER HOLDINGS GROUP LIMITED 綠領控股集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：61） (1)建議授出發行及購回股份之一般授權； (2)建議重選董事； (3)續聘核數師； 及 (4)週年股東大會通告 本 公 司 謹 訂 於 二 零 二 五 年 五 月 二 十 九 日（星 期 四）上 午11時正假座香港中環德輔道中19號 環球大廈21樓2102室（或 倘 黑 色 ...

Environmental, Social and Governance Report 環境、社會及管治報告 2024 www.greenleader.hk Environmental, Social and Governance Report 環境、社會及管治報告 2024 本集團主要從事以下業務分類：(i)煤炭勘探 及開發、銷售焦煤、煤炭加工、銷售煤炭產 品及提供煤炭相關服務；(ii)開發木薯種植及 相關生態循環產業鏈之深加工業務；及(iii) 銷售資訊科技產品、提供系統集成服務、技 術服務、軟件開發及解決方案服務。本公司 董事（「董事」）會（「董事會」）確認監察及管理 ESG相關風險以及ESG管理系統有效性的責 任。董事會每年檢討及討論ESG措施下的目 標及指標，以優化資源之有效利用，並盡量 減少本集團營運對環境及天然資源的影響。 02 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2024 環境、社會及管治報告 CONTENTS 目錄 | ABOUT THIS REPORT | 關於本報告 | 2 | | --- | --- | --- | | BOARD S ...

Economic Environment - The Group faced significant challenges due to global economic volatility and discontinued certain non-profitable mining operations to build a more resilient business[12]. - Global economic growth is projected to remain at 3.2% in 2024, with slow but steady recovery expected[15]. - The instability from geopolitical conflicts, particularly in Russia-Ukraine and the Middle East, poses significant risks to global economic recovery[14]. - The overall operating environment in the PRC remained challenging due to ongoing US-China tensions and high US dollar interest rates[48]. - The economic growth in the PRC post-pandemic was described as modest, with market difficulties persisting from prior years[48]. Market Demand and Operations - There has been a shift in market demand towards high-quality and low-pollution coal products, prompting increased investments in coal processing and mixing[13]. - The Group adopted state-of-the-art coal washing techniques to reduce impurities and minimize pollutant emissions during combustion[13]. - The Group will continue to optimize coal mixing strategies to provide customized solutions for various industries[13]. - The Group's coal trading revenue reflects the ongoing challenges in the coal market and the impact of external economic factors[56]. - The decision to discontinue the coal trading business reflects the Group's commitment to optimizing its operational framework and driving sustainable growth in its core business segment[61]. Financial Performance - The Group's revenue from continuing operations was approximately HK$120,234,000, while revenue from discontinued operations was approximately HK$113,935,000[56]. - The Group recorded a revenue of approximately HK$120,234,000 for the year, representing an increase of approximately HK$24,554,000 or 25.7% compared to approximately HK$95,680,000 in the previous year[74]. - The Group's loss from continuing operations for the year was approximately HK$241,236,000, an increase from approximately HK$193,519,000 in the previous year[76]. - The Group reported a loss before taxation of HK$237,514,000 in 2024, an improvement from a loss of HK$3,976,091,000 in 2023[108]. - The Group's total cash and cash equivalents decreased to approximately HK$2,016,000 as of December 31, 2024, from approximately HK$101,430,000 as of December 31, 2023[99][104]. Governance and Management - The Company has a strong governance structure with various committees including audit, remuneration, nomination, and risk management[32][39][41]. - The Company is focused on enhancing its corporate governance through experienced directors and committee structures[32][39][41]. - The Group continues to expand its leadership team with experienced professionals to drive future growth[27][32][39]. - The Group adopts a proactive risk management approach to mitigate business and operational risks, including establishing long-term partnerships with reliable suppliers and optimizing logistics and inventory management systems[115]. - The Group actively monitors macroeconomic conditions and government policies in the PRC to mitigate economic risks, employing a flexible business strategy that includes diversifying operations and optimizing cost structures[116]. Strategic Initiatives - The Group has initiated a strategic rebuilding initiative to strengthen its core coal operations, including securing new premises and upgrading to state-of-the-art equipment[58]. - The Group is exploring business opportunities related to cassava-based agricultural and deep processing in Cambodia[66]. - The Group is also seeking opportunities in the systems integration services and software solutions segment[67]. - The Group has invested approximately RMB2,035,000 (equivalent to approximately HK$2,261,000) in machinery for the coal mixing business[64]. - Hengbaitai, a wholly-owned subsidiary, is expected to enhance profitability through coal mixing and the sale of mixed coal, with a new facility located in Shanxi[64]. Risk Management - The Group categorizes customers based on internal credit ratings to manage credit risk, avoiding acceptance of bills from customers with low credit ratings[120]. - The Group actively manages price risk in coal trading by monitoring market trends and employing a diversified procurement strategy to reduce dependence on a single market or supplier[122]. - The Group closely monitors foreign currency exposure to manage exchange rate risk and considers hedging significant exposures when necessary[122]. - The Group continuously improves management rules and promotes energy saving to address environmental risks associated with stringent regulations[125]. - The Group closely monitors changes in the regulatory environment to mitigate legal and regulatory risks, ensuring adequate resources are allocated for compliance[125]. Human Resources - The Group offers competitive reward packages to attract and retain talent, ensuring a conducive working environment for employees[125]. - The Group's total staff costs from continuing operations amounted to approximately HK$6,512,000 for the Year, compared to approximately HK$5,923,000 for the previous year[185]. - The Group employed approximately 47 full-time employees in Hong Kong and the PRC as of December 31, 2024[183]. Shareholder and Market Information - The Company maintained a public float of not less than 25% of its total issued share capital throughout the Year[172]. - The Group did not purchase, redeem, or sell any of its listed securities during the Year[173]. - No dividends were recommended for the year, consistent with the previous year[151]. - Sales to the Group's largest customer accounted for approximately 72% of total sales in 2024, while sales to the five largest customers accounted for approximately 100%[174]. - Purchases from the Group's largest supplier accounted for approximately 33% of total purchases in 2024, with the five largest suppliers accounting for approximately 97%[174].

Financial Performance - Revenue for the year ended December 31, 2024, was HKD 120,234,000, an increase of 25.7% compared to HKD 95,680,000 in 2023[2] - Gross profit for the same period was HKD 16,361,000, up from HKD 15,637,000, reflecting a gross margin improvement[3] - The annual profit attributable to owners of the company was HKD 1,577,500,000, a significant recovery from a loss of HKD 1,803,269,000 in the previous year[2] - The company reported a total comprehensive income of HKD 1,758,497,000 for the year, compared to a loss of HKD 3,344,700,000 in 2023[5] - The company reported basic and diluted earnings per share of HKD 3.00 for the year, compared to a loss per share of HKD 3.43 in 2023[4] - The gross loss for 2024 was HKD 2,692,000 compared to a gross profit of HKD 6,331,000 in 2023, indicating a shift from profitability to loss[40] - The pre-tax loss for 2024 was HKD 65,193,000, a substantial improvement from a pre-tax loss of HKD 3,786,296,000 in 2023[40] - The company reported a loss from continuing operations of approximately HKD 241,236,000 for the year, an increase from HKD 193,519,000 in the previous year[87] Assets and Liabilities - Non-current assets decreased to HKD 5,842,000,000 from HKD 4,519,499,000, primarily due to changes in property, plant, and equipment[6] - Current liabilities decreased to HKD 2,183,915,000 from HKD 7,874,708,000, indicating improved liquidity[6] - The total assets less current liabilities improved to HKD (2,034,360,000) from HKD (2,652,138,000), showing a reduction in net liabilities[7] - Current liabilities exceeded current assets by approximately HKD 2,040,202,000, down from HKD 7,171,637,000 in 2023[14] - Total liabilities exceeded total assets by approximately HKD 2,480,302,000, an improvement from HKD 3,713,613,000 in 2023[14] - Total borrowings, including various liabilities, were HKD 1,250,427,000, significantly reduced from HKD 6,506,062,000 in 2023[14] - Cash and cash equivalents were approximately HKD 2,016,000, a decrease from HKD 118,099,000 in 2023[14] Business Operations and Strategy - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[2] - The group decided to terminate coal trading operations through Shanxi Changtong to improve profit margins and refocus resources on coal processing and sales[9] - The group is facing significant uncertainties that may raise doubts about its ability to continue as a going concern[17] - The group aims to enhance the profitability of its coal business to improve operational cash flow and financial condition[19] - The group has implemented measures to improve its financial situation and alleviate liquidity pressure, including seeking external financing opportunities[19] - The group operates in three main segments: cassava starch business, coal business, and system integration services and software solutions[23] - The mining business has been classified as discontinued operations, focusing on geological research, exploration, and development of coal deposits[24] - The group is exploring opportunities related to cassava agriculture and deep processing in Cambodia[79] - The group is seeking business opportunities in system integration services and software solutions[80] Financing and Debt Management - The outstanding principal amount of the 2017 convertible bonds is USD 40,000,000 (approximately HKD 312,000,000), which has matured and is overdue[15] - The group is negotiating with convertible bondholders to extend repayment deadlines, as well as with other creditors related to the acquisition of subsidiaries[19] - The group is actively seeking external financing and fundraising opportunities to improve liquidity and financial condition[59] - The company is actively negotiating with 2017 noteholders for potential extensions or settlements regarding outstanding debts, but a repayment schedule has not yet been established[62] - The company has entered into a revised agreement with 2020 noteholders to extend the maturity date of HKD 395 million convertible notes to two years after the completion of the revised agreement[71] Market Conditions and Economic Outlook - The overall operating environment remains challenging, with ongoing difficulties in the Chinese market and tensions between the US and China impacting performance[70] - The Chinese government announced an economic stimulus plan in September 2024 aimed at addressing economic growth slowdown, focusing on improving liquidity and stabilizing financial markets[70] - The management maintains a cautiously optimistic outlook on the domestic coal market, despite uncertainties in the overall economic recovery[102] Corporate Governance and Compliance - The company has adopted the Corporate Governance Code as per Appendix C1 of the Listing Rules[113] - The audit committee consists of three independent non-executive directors, ensuring proper oversight of financial reporting and risk management[116] - The auditors have confirmed that the consolidated financial statements for the year ended December 31, 2024, are consistent with the amounts reported[117] - The company plans to distribute its annual report within the designated period to shareholders, which will include all relevant information as per Listing Rules[118]