香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公佈 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 對因本公佈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。 鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (股份代號：���) （於百慕達註冊成立之有限公司） 於二零二五年六月二十六日舉行之 股東週年大會之投票表決結果 股東週年大會之投票表決結果 於鈞濠集團有限公司（「本公司」）於二零二五年六月二十六日舉行之股東週年 大會（「股東週年大會」）上，所有於日期為二零二五年四月二十�日之股東週 年大會通告所載之提呈決議案均以投票表決方式表決。除另有界�者外，本 公佈所用之詞彙與日期為二零二五年四月二十�日之通函（「通函」）所界定者 具有相同涵義。 本公司之股份過戶登記處香港分處卓佳證券登記有限公司獲委任為於股東週 年大會上之監票人，以負責點票。於股東週年大會上進行投票之各項決議案 之投票表決結果載列如下： * 僅供識別 1 | | 普通決議案 | 票數 | （概約百分比） | | --- | --- | --- ...

鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED Grand Field Group Holdings Limited (the "Company") Notification of publication of Annual Report 2024 and Circular dated 28 April 2025 containing Notice of Annual General Meeting (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.gfghl.com and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respective ...

鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (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： ���) NOTIFICATION LETTER 通知信函 28 April 2025 Dear Registered Shareholders, Grand Field Group Holdings Limited (the "Company") Notification of publication of Annual Report 2024, Circular dated 28 April 2025 containing Notice of Annual General Meeting and Form of Proxy (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communicat ...

鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (股份代號：���) （於百慕達註冊成立之有限公司） 股東週年大會通告 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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈 全部或任何部份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。 茲通告鈞濠集團有限公司（「本公司」）謹訂於二零二五年六月二十六日（星期 四）上午十時三十分假座香港灣仔港灣道6-8號瑞安中心27樓2701-08室舉行股 東週年大會（「股東週年大會」），以討論以下事項： 普通決議案 1. 省覽及考慮截至二零二四年十二月三十一日止年度之本公司及其附屬公 司之經審核綜合財務報表及本公司董事（「董事」）會報告與本公司核數師 報告。 * 僅供識別 1 2 2. (a) (i) 重選馬學綿先生為執行董事； (ii) 重選周桂華女士為執行董事； (iii) 重選許培偉先生為獨立非執行董事； (b) 授權董事會（「董事會」）釐定每名董事酬金； 3. 續聘中匯安達會計師事務所有限公司為本公司之核數師並授權董事會釐 定其酬金。 4 ...

此乃要件 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。 閣下如已將名下全部之鈞濠集團有限公司股份售出，應立即將本通函連同隨附之委任代表 表格交予買主或經手買賣之銀行、股票經紀或其他代理商，以便轉交買主。 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，並明確表示概不就因本通函全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (股份代號：���) （於百慕達註冊成立之有限公司） 重選退任董事、 發行新股份及購回其本身股份之一般授權 及 股東週年大會通告 本公司謹訂於二零二五年六月二十六日（星期四）上午十時三十分假座香港灣仔港灣道6-8號 瑞安中心27樓2701-08室舉行股東週年大會或其任何續會，召開大會之通告載於本通函第17 至第21頁。不論 閣下能否出席股東週年大會，務請細閱通告，並按照隨附委任代表表格上 印付之指示將表格填妥並交回本 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company's revenue decreased significantly from approximately HKD 264,515,000 to about HKD 236,371,000, representing a decline of approximately 10.6%[11] - The company reported a loss of approximately HKD 386,605,000 for the year, a substantial increase from a loss of about HKD 73,220,000 in the previous year[12] - The loss attributable to shareholders was approximately HKD 251,341,000, compared to a loss of HKD 47,026,000 in the previous year[13] - The company recognized a one-time fair value loss on investment properties of approximately HKD 158.8 million and an impairment loss on properties held for sale of about HKD 90.8 million[14] Operational Strategy - The company maintained strong sales performance, exceeding market averages, and achieved stable growth in rental income, particularly in core commercial properties[15] - The company plans to leverage advanced technologies, such as artificial intelligence (AI), to further reduce operational costs and improve efficiency[16] - The company is actively adjusting its financing structure to lower costs and has effectively reduced financial expenditures through precise capital operations[15] - The company aims to optimize its real estate asset portfolio, focusing on high-quality and high-potential assets to enhance asset value[7] - The company is committed to a cautious and prudent development strategy to ensure sustainable growth in a competitive market[16] Financial Position - As of December 31, 2024, the group's cash and cash equivalents amounted to approximately HKD 43,969,000, an increase from HKD 40,925,000 as of December 31, 2023[18] - The total current assets as of December 31, 2024, were approximately HKD 529,482,000, down from HKD 715,847,000 as of December 31, 2023, while total current liabilities increased to approximately HKD 884,723,000 from HKD 728,705,000[19] - The total interest-bearing borrowings as of December 31, 2024, were approximately HKD 577,328,000, a decrease from HKD 641,305,000 as of December 31, 2023, with a significant portion due within one year[20] - The debt-to-equity ratio as of December 31, 2024, was approximately 242%, up from 127% as of December 31, 2023[21] Corporate Governance - The company has complied with all provisions of the corporate governance code, except for the separation of the roles of chairman and CEO, which remains vacant[49] - The board consists of seven members, including four executive directors and three independent non-executive directors, ensuring a balanced professional knowledge and experience to meet the company's business needs[52] - The company is committed to establishing good corporate governance practices and has provided monthly updates to all board members[54] - The company has a dedicated audit committee and remuneration committee to oversee financial reporting and compensation matters[49] Risk Management - The company established a risk management framework consisting of two main components: risk management structure and risk management procedures[115] - The board of directors is responsible for establishing the risk management framework and policies, continuously monitoring the effectiveness of the risk management and internal control systems, and reviewing them at least annually[116] - The management team is tasked with identifying and continuously monitoring strategic, operational, financial, reporting, and compliance risks, reporting changes to the board and audit committee[119] - The company has completed a review of its risk management framework and procedures during the fiscal year, reporting the risk assessment results to the board and audit committee[128] Shareholder Communication - The company is committed to high levels of disclosure and financial transparency to its shareholders and investors[170] - The company has established multiple communication channels for shareholders to provide feedback and inquiries[170] - The board is responsible for ensuring balanced and clear assessments of the company's financial condition and prospects for shareholders[165] - The company has adopted the latest shareholder communication policy effective from January 1, 2022, aimed at ensuring timely, clear, and reliable information is provided to shareholders[174] Internal Controls - The company aims to enhance internal controls and has implemented corrective measures based on recommendations from internal control consultants[162] - The internal control consultant identified significant internal control deficiencies and made recommendations for improvement[138] - The company will implement a credit risk management system, including setting credit limits and conducting periodic credit assessments[159] - The company must enhance measures to identify potential fraud risks, including financial anomaly analysis and historical background checks[144] Board Diversity and Composition - The company has adopted a new board diversity policy effective from January 1, 2022, emphasizing the importance of a diverse board for long-term stability and performance[93] - The board consists of five male directors and two female directors, achieving gender diversity and possessing appropriate skills and expertise for the company's business[108] - The company aims to maintain a board that reflects diverse experiences and perspectives to enhance decision-making and stakeholder interests[94] - The nomination committee is responsible for evaluating potential board candidates based on various criteria, including professional qualifications and experience[90]

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 236,371,000, a decrease of 10.6% from HKD 264,515,000 in 2023[9] - Gross profit for the year was HKD 16,393,000, down 72.6% from HKD 59,924,000 in the previous year[2] - The company reported a net loss of HKD 386,605,000 for the year, compared to a loss of HKD 73,220,000 in 2023, representing a significant increase in losses[3] - Basic and diluted loss per share for the year was HKD 20.5, compared to HKD 3.8 in the previous year[3] - The group reported a total segment loss of HKD 252,609,000 for 2024, compared to a profit of HKD 92,490,000 in 2023, indicating a significant deterioration in performance[20] - The group incurred a pre-tax loss of HKD 400,625,000 in 2024, compared to a pre-tax loss of HKD 14,640,000 in 2023, highlighting a substantial increase in losses[17] - The annual loss for the company was approximately HKD 251,341,000 for the year ending December 31, 2024, compared to a loss of HKD 47,026,000 in 2023[27] - The increase in loss was mainly attributed to a revenue decrease of approximately 10.6%, a decline in gross margin due to the sale of lower-margin properties, and a one-time fair value loss on investment properties of about HKD 158.8 million[51] Assets and Liabilities - Total assets less current liabilities decreased to HKD 1,256,814,000 from HKD 1,903,643,000 in 2023, indicating a decline in financial position[5] - Non-current assets decreased to HKD 1,612,055,000 from HKD 1,916,501,000, reflecting a reduction in property and investment holdings[5] - The company’s total liabilities increased to HKD 884,723,000 from HKD 728,705,000, indicating a rise in financial obligations[5] - The company’s equity attributable to owners decreased to HKD 238,345,000 from HKD 506,710,000, showing a significant reduction in shareholder equity[6] - The group’s total liabilities increased to HKD 1,411,862,000 in 2024 from HKD 1,480,052,000 in 2023, showing a slight reduction of about 4.6%[22] - As of December 31, 2024, the company's total current assets were approximately HKD 529,482,000, down from about HKD 715,847,000 in 2023, while total current liabilities increased to approximately HKD 884,723,000 from HKD 728,705,000[57] - The company's total borrowings amounted to approximately HKD 577,328,000, a decrease from HKD 641,305,000 in the previous year, with a debt-to-equity ratio of approximately 242%[58] Revenue Segments - Revenue from property sales was HKD 201,405,000, an increase from HKD 185,076,000 in 2023, indicating growth in this segment[9] - For the fiscal year ending December 31, 2024, the company's revenue decreased significantly from approximately HKD 264,515,000 to about HKD 236,371,000, primarily due to rental income and sales from business apartments and offices in Shenzhen, which accounted for 8% and 85% of total revenue respectively[49] - Rental income for the year is approximately HKD 19,753,000, compared to HKD 23,058,000 in 2023, indicating a decrease of about 14%[39] Costs and Expenses - Financing costs decreased to HKD 42,198,000 in 2024 from HKD 46,885,000 in 2023, reflecting a reduction of approximately 10.5%[15] - The land appreciation tax expense for 2024 was HKD 26,405,000, significantly lower than HKD 48,168,000 in 2023, a decrease of approximately 45.2%[16] - The company reported a decrease in employee costs, with salaries, bonuses, and allowances totaling HKD 12,180,000 in 2024, down from HKD 12,576,000 in 2023[26] - The total employee cost for the year was approximately HKD 12,924,000, down from HKD 13,493,000 in 2023, with 111 employees as of December 31, 2024[71] Shareholder Information - The company does not recommend the distribution of any dividends for the year ending December 31, 2024, consistent with the previous year[42] - The company completed a share consolidation on April 26, 2024, merging every 20 existing shares of HKD 0.01 into one share of HKD 0.20[43] - As of December 31, 2024, the company's issued share capital was HKD 2,449,554, with a total of 12,247,770 shares issued at a par value of HKD 0.20 each[61] - The company issued convertible bonds totaling HKD 95,896,475.43 on October 31, 2022, which matured on April 30, 2024[62] - A new convertible bond issuance of HKD 100,969,093.34 was completed on May 6, 2024, following the settlement of the old bonds[64] - The new convertible bonds can be converted into approximately 38,834,266 new ordinary shares at an adjusted conversion price of HKD 2.6 per share, increasing the subscriber's equity from approximately 55.25% to 89.27%[64] Corporate Governance - The audit committee reviewed the audited consolidated financial statements and confirmed compliance with applicable accounting standards and regulations[78] - The company is committed to maintaining good corporate governance practices and will review its board structure periodically[76] - The board consists of four executive directors and three independent non-executive directors as of the announcement date[85] - The chairman and CEO roles are currently separated, with the chairman position held by Mr. Ma Hsueh-Mien, while the CEO position remains vacant[76] Legal and Compliance - The company has made sufficient provisions for compensation and interest related to a legal case as of December 31, 2024[46] - The company has a significant legal case pending, but it is not expected to have a major impact on operations[46] - The company has received the first distribution of bankruptcy claims amounting to RMB 2,776,626.85 as part of a legal settlement[47] - The company has made a provision for litigation losses, increasing from approximately HKD 0.7 million in 2023 to about HKD 34.3 million in 2024[54] - There have been no significant post-reporting date events up to the announcement date[82] Strategic Focus - The company plans to utilize advanced technologies such as artificial intelligence (AI) to further reduce operational costs and improve efficiency, indicating a strategic focus on technological integration[55] - The company is actively adjusting its financing structure to lower costs and improve capital efficiency, while also disposing of non-core assets to enhance cash flow[55] - The company has not entered into any hedging transactions during the year, although it acknowledges the foreign exchange risk due to fluctuations in the RMB to HKD exchange rate[60] - The company has no major investments or acquisitions planned for 2025 but will continue to seek opportunities for business diversification and acquisitions[67]

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佈之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈 全部或任何部份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。 鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (股份代號：���) （於百慕達註冊成立之有限公司） 盈利警告 本公佈乃由鈞濠集團有限公司（「本公司」），連同其附屬公司統稱「本集團」）根 據香港法例第571章證券及期貨條例第XIVA部項下之內幕消息條文及香港聯 合交易所有限公司證券上市規則第13.09(2)(a)條而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投 資者，根據對本集團最新未經審核綜合管理賬目的初步審閱及董事會現時可 得的其他資料，與截至二零二三年十二月三十一日止年度的淨虧損約港幣47 百萬元相比，本集團預期截至二零二四年十二月三十一日止年度（「二零二四 財年」）將錄得本公司擁有人應佔虧損約港幣250百萬元至港幣260百萬元。 虧損增加主要由於(i)主要因本集團一般貿易業務收益減少，導致收益減少約 10.6%；(i ...

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佈的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈 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。 鈞濠集團有限公司 GRAND FIELD GROUP HOLDINGS LIMITED (股份代號：���) （於百慕達註冊成立之有限公司） 鈞濠集團有限公司 主席 馬學綿 香港，二零二五年三月十八日 於本公佈日期，董事會之成員包括四名執行董事馬學綿先生、郭小彬先生、周 桂華女士及郭小華女士；以及三名獨立非執行董事許培偉先生、劉朝東先生 及崔慕勤先生。 * 僅供識別 董事會會議通告 鈞濠集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司 將於二零二五年三月二十八日舉行董事會會議，以考慮及批准（其中包括）本 公司及其附屬公司截至二零二四年十二月三十一日止年度之全年業績，並考 慮宣派、建議或派發股息（如有）。 承董事會命 ...

Grand Field Group Holdings Limited 鈞 濠 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：115） NOTIFICATION LETTER 通知信函 Dear Non-registered Holder(s)(Note 1) , Grand Field Group Holdings Limited (the "Company") – Notification of publication of Circular dated 14 January 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.gfghl.com and the websi ...