Group 1 - *ST Tianmao has voluntarily applied for termination of its stock listing, with the Shenzhen Stock Exchange deciding to delist the company effective September 25, 2025 [1][4] - The company primarily engages in insurance business through its subsidiaries, Guohua Life and Huarui Insurance, with insurance-related revenue accounting for 99.99% of its main business income [4] - The company announced its intention to withdraw its A-share listing in August 2025, citing significant uncertainties due to business restructuring [4] Group 2 - The company provided investors with a cash option for shares at a price of 1.60 CNY per share, with approximately 1.442 billion cash options effectively declared during the exercise period [5] - As of July 18, 2025, the company had 112,000 shareholders, and its last trading price before suspension was 1.58 CNY per share, giving it a market capitalization of approximately 7.7 billion CNY [5] - The stock will not enter a delisting adjustment period as per the Shenzhen Stock Exchange listing rules, meaning the delisting process will be immediate [4]

Core Viewpoint - The company *ST Tianmao (000627.SZ) has received a decision from the Shenzhen Stock Exchange to terminate its stock listing, effective September 25, 2025 [1] Group 1 - The Shenzhen Stock Exchange has issued a notice regarding the termination of the company's stock listing [1] - The company's stock will be delisted within five trading days following the announcement of the termination decision [1]

Core Viewpoint - *ST Tianmao's stock will be delisted from the Shenzhen Stock Exchange, with the decision effective immediately, and the stock will be removed within five trading days [1][2]. Group 1: Delisting Announcement - On September 25, *ST Tianmao received a notice from the Shenzhen Stock Exchange regarding the termination of its stock listing [1]. - The stock will not enter a delisting transition period and will be delisted within five trading days from the announcement [2]. Group 2: Shareholder Meeting and Cash Option - On August 25, *ST Tianmao held an extraordinary general meeting where shareholders approved the decision to voluntarily terminate the stock listing [5]. - The company initiated a cash option mechanism to protect investors, allowing eligible A-share shareholders to exercise cash options at a price of 1.60 yuan per share, with a total of 1,442,279,537 cash options effectively declared during the application period [5]. - The total funding required for the cash options is approximately 2.3 billion yuan [5]. Group 3: Post-Delisting Arrangements - After delisting, *ST Tianmao's shares will be transferred to the National Equities Exchange and Quotations system for trading [6]. - The company has appointed Changcheng Guorui as the agency to manage the share transfer services [6].

Core Points - *ST Tianmao (000627) has received a decision from the Shenzhen Stock Exchange to terminate its stock listing, effective within five trading days from the announcement date [2] - The company will not enter a delisting adjustment period, and its stock will be delisted directly [2] Group 1 - To protect investor interests, the company will initiate a mechanism for dissenting shareholders and other shareholders, providing cash options to eligible A-share shareholders [5] - Each eligible A-share shareholder can exercise cash options for every 1 share held at a strike price of 1.60 yuan per share, with a total of 1,442,279,537 cash options effectively declared during the application period [5] - The total funding required by Jingmen Weituo Hongcheng Management Partnership for the cash options is approximately 2.3 billion yuan [5] Group 2 - After the termination of the stock listing, the company will transition to the National Equities Exchange and Quotations (NEEQ) system for trading [5] - The company has appointed Changcheng Guorui as the agency for share transfer services and has authorized it to handle various securities registration and settlement matters [5]

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION 此乃要件，請即處理 IF YOU ARE IN ANY DOUBT AS TO ANY ASPECT OF THIS FORM OR AS TO THE ACTION TO BE TAKEN, YOU SHOULD CONSULT YOUR STOCKBROKER OR OTHER REGISTERED DEALER IN SECURITIES, BANK MANAGER, SOLICITOR, PROFESSIONAL ACCOUNTANT OR OTHER PROFESSIONAL ADVISER. 閣下如對本表格任何方面或應採取之行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 HONG KONG EXCHANGES AND CLEARING LIMITED AND THE STOCK EXCHANGE OF HONG KONG LIMITED TAKE NO RESPONSIBILITY FOR THE CONTENTS ...

此乃要件 請即處理 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通函的內容概不負責，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的任何 損失承擔任何責任。 閣下如對本通函之任何方面或應採取之行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券交易 商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有載通國際控股有限公司的股份，應立即將本通函送交買主或承讓人，或經手 買賣或轉讓之銀行、股票經紀或其他代理商，以便轉交買主或承讓人。 任何股東如在香港以外任何地區收到本通函及╱或選擇表格，均不應視之為獲提供一項選擇收取新股份 之邀請，除非載通國際控股有限公司可無須遵照任何登記或其他法律規定、政府或監管程序或任何其他類 似手續，即可在有關地區內合法向股東提出該項邀請。在香港以外之任何股東如希望根據以股代息計劃收 取新股，須自行承擔責任遵守有關司法管轄地區之法律規定，包括任何適用之程序或任何其他類似手續。 TRANSPORT INTERNATIONAL HOLDINGS LIMITED （載通國際控股有限公司）* （於百慕達註冊 ...

Dear Non-registered holder (Note) , 19 September 2025 Transport International Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report and Circular in relation to "Scrip Dividend Scheme" (the "Current Corporate Communications") English and Chinese versions of the Current Corporate Communications are available on the Company's website at www.tih.hk and are also available on the website of the Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk. If you would like to receive the ...

TRANSPORT INTERNATIONAL HOLDINGS LIMITED (載通國際控股有限公司) * (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: 62) N O T I F I C AT I O N L E T T E R 通 知 信 函 19 September 2025 Transport International Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report, Circular in relation to "Scrip Dividend Scheme" and Election Form (the "Current Corporate Communications") English and Chinese versions of the Current Corporate Communications are available on the Comp ...

TRANSPORT INTERNATIONAL HOLDINGS LIMITED (載通國際控股有限公司) * (於百慕達註冊成立之有限公司) (股份編號: 62) 各位股東： 選擇公司通訊之收取方式及語言版本 在行使上述選擇權時，請 閣下在隨本函附上的回條上適當的空格內劃上「X」號，並在回條上簽名， 然後把回條寄回或親手交回公司之過户登記處香港中央證券登記有限公司（「香港過户登記處」），地址為 香港灣仔皇后大道東183號合和中心17M樓。倘若 閣下在香港投寄，可使用回條內的郵寄標籤寄回，而 毋須在信封上貼上郵票；否則，請貼上適當的郵票。 倘若公司於2025年10月17日或之前尚未收到 閣下已適當地填妥並簽署的回條（或 閣下表示 閣 下反對以電子方式於公司網站收取公司通訊的回覆），及直至 閣下以書面通知（於上述地址）或電郵（發 送至 tih.ecom@computershare.com.hk）方式經香港過户登記處發出合理時間（為不少於7天）的書面通知予 公司前，則 閣下將被視為已同意只透過公司網站收取將來的公司通訊電子本以代替收取印刷本。在此情 況下，每當公司發出公司通訊時，公司將只會通知 閣下公司通訊已登載 ...

Financial Performance - For the six months ended June 30, 2025, the group reported a profit attributable to shareholders of HKD 285.1 million, up from HKD 120.3 million in the same period last year, representing an increase of 137.5%[3] - Basic earnings per share increased to HKD 0.56 from HKD 0.24, reflecting a growth of 133.3% year-on-year[3] - Revenue for the six months ended June 30, 2025, was HKD 4,226.3 million, an increase of 4.0% compared to HKD 4,064.4 million for the same period in 2024[59] - Operating profit for the same period was HKD 355.4 million, up from HKD 186.3 million in 2024[59] - Net profit attributable to shareholders for the six months was HKD 190.0 million, compared to HKD 120.3 million in 2024, representing a 58.0% increase[59] - Total comprehensive income for the period was HKD 164.2 million, significantly up from HKD 31.2 million in the previous year, indicating a strong recovery in overall performance[61] Dividends - The board declared an interim dividend of HKD 0.30 per share, totaling HKD 157.8 million, compared to no dividend in the same period last year[5] - The approved and paid final dividend for the previous fiscal year during the interim period is HKD 0.50 per share, amounting to HKD 254.4 million, compared to HKD 247.2 million for the previous year[85] - The interim dividend for the year 2025 is set at HKD 0.30 per share, to be paid on October 21, 2025[121] Revenue and Costs - Kowloon Bus Company recorded a profit after tax of HKD 176.7 million, an improvement of HKD 154.8 million compared to HKD 21.9 million in the previous year, driven by increased fare revenue and reduced fuel costs[7] - Fare revenue for Kowloon Bus reached HKD 3.5779 billion, an increase of HKD 138 million or 4.0% from HKD 3.4399 billion in the previous year[7] - Total operating costs for Kowloon Bus decreased by HKD 72.9 million or 2.0% to HKD 3.5176 billion, primarily due to lower fuel prices[7] - Revenue from the core bus services for the six months ended June 30, 2025, was HKD 3,891.0 million, up from HKD 3,742.3 million in 2024, reflecting a growth of 3.98%[77] Investments and Assets - The group's investment in LCK Real Estate Limited includes a 17-story commercial building in Lai Chi Kok with a total floor area of approximately 156,700 square feet, generating rental income[15] - As of June 30, 2025, the group's investment in mainland China transportation business amounted to HKD 589.8 million, reflecting a slight increase from HKD 569.6 million as of December 31, 2024[16] - The fair value of investment properties as of June 30, 2025, is HKD 8,216.2 million, down from HKD 8,273.3 million as of December 31, 2024[89] - The fair value of commercial properties in Hong Kong is HKD 5,189.2 million, while factory properties are valued at HKD 101.0 million as of June 30, 2025[91] Debt and Financing - As of June 30, 2025, the group's net debt was HKD 2.069 billion, down from HKD 2.281 billion as of December 31, 2024, with total unused bank credit amounting to HKD 3.280 billion[22] - The group's financing cost for the six months ended June 30, 2025, was HKD 26.8 million, a decrease of HKD 27 million from HKD 53.8 million for the six months ended June 30, 2024, primarily due to a reduction in average bank loans and a decrease in the average annual interest rate from 4.53% to 3.12%[23] - The company increased its bank loans to HKD 3,115.0 million in the current period, up from HKD 1,510.0 million in the previous year, indicating a significant rise in financing activities[69] Employee Compensation and Operations - Total employee compensation for the six months ended June 30, 2025, was HKD 2.1867 billion, compared to HKD 2.1280 billion for the same period in 2024, accounting for approximately 55% of the group's total operating costs[27] - The group maintained stable passenger volume for its bus services, benefiting from increased demand due to the Hong Kong-Zhuhai-Macao Bridge and fare adjustments approved by the government[28] - The group is actively expanding its bus services in response to changing passenger needs, including new routes in areas like New Territories East and Yuen Long, and special routes for major events[29] Market and Strategic Developments - The group is committed to sustainable development, operating the largest fleet of new energy buses in Hong Kong and establishing a training facility for electric vehicle maintenance[30] - The group aims to adapt to new operating environments and maintain positive development in core businesses while exploring innovative technologies and service areas to enhance shareholder value[32] - The group is closely monitoring market conditions and adjusting its strategies to manage interest rate risks and credit risks effectively[25] Stock Options and Shareholding - The total number of shares held by directors amounts to 25,175,702 shares, representing 4.787% of the issued shares[37] - The company has granted a total of 16,350,000 stock options as of March 31, 2023, with 6,980,000 options awarded to 15 directors and 9,370,000 options to various employees[40] - The total number of stock options granted is 21,115,000, with 20,285,000 remaining unexercised after accounting for 830,000 cancellations[46] - The company plans to continue its strategy of issuing stock options to incentivize employees and align their interests with shareholders[46] Financial Position and Liquidity - The company's net current assets dropped to HKD 107.8 million, a significant decrease from HKD 670.0 million in the previous year, indicating potential liquidity concerns[64] - The company reported a net cash inflow from operating activities of HKD 740.7 million for the six months ended June 30, 2025, compared to HKD 704.6 million in the same period of 2024, representing an increase of approximately 5.0%[68] - The company reported a decrease in cash used in investing activities to HKD 246.5 million from HKD 639.6 million in the previous year, reflecting improved cash management[69] Compliance and Governance - The company has adopted the standard code of conduct for securities transactions by directors, and all directors have complied with the trading standards[56] - The company has complied with the applicable code provisions of the Corporate Governance Code during the six months ended June 30, 2025[57] - The company has not identified any issues that would lead to a belief that the interim financial report as of June 30, 2025, is not prepared in accordance with HKAS 34[116]