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，並明確表示概不對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。 (股份代號：120) 二零二五年度集團全年業績公佈 | 財務及業務摘要 | | | | | --- | --- | --- | --- | | | 二零二五年度 | 二零二四年度 | %轉變 | | | 港幣百萬元 | 港幣百萬元 | | | 收入 | 32.8 | 368.9 | -91.1% | | 毛利 | 6.3 | 25.4 | -75.2% | | 減除折舊、融資成本及 | | | | | 稅項前之經營業務虧損★ | (437.4) | (285.1) | +53.4% | | 母公司股份持有人應佔 | | | | | 年內虧損 | (453.1) | (453.1) | – | | 母公司股份持有人應佔 | | | | | 每股股份(包括普通股及 | | | | | 可換股優先股)基本虧損 | 港幣(29.56)仙 | 港幣(30.85)仙 | -4.2% | | | 於十二月三十一日 | ...

財 務 資 料 更 新 本公佈乃 Cosmopolitan International Holdings Limited（「本公司」，連同其附屬公司統稱 「本集團」）根據香港聯合交易所有限公司證券上市規則第13.09(2)(a)條及香港法例第 571章證券及期貨條例第XIVA部之內幕消息條文而作出。 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，並明確表示概不對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。 (股份代號：120) 香港，二零二六年三月二十五日 於本公佈刊發日期，董事會包括下列成員： 羅旭瑞先生 （主席兼行政總裁） 羅俊圖先生 （副主席兼董事總經理） 羅寶文女士 （副主席） 黃寶文先生 （首席營運官） 梁蘇寶先生 （首席財務官） 吳季楷先生 執行董事： 獨立非執行董事： 本公司董事會（「董事會」）謹此知會本公司證券持有人及有意投資者，根據本公司管理 層對本集團於截至二零二五年十二月三十一日止年度之未經審核綜合管理賬目所作初 步審閱，預期本集團截至二零二五年十二月三十一日止年度將錄得股東應佔綜合虧損約 ...

於本公佈刊發日期，董事會包括下列成員： 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，並明確表示概不對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。 (股份代號：120) 董事會會議日期 Cosmopolitan International Holdings Limited（「本公司」）之董事會（「董事會」）宣佈本 公司將於二零二六年三月三十日（星期一）舉行董事會會議，藉以批准發佈本集團（包 括本公司及其附屬公司）截至二零二五年十二月三十一日止年度之全年業績及其他相關 事宜。 承董事會命 Cosmopolitan International Holdings Limited 林秀芬 秘書 香港，二零二六年三月十六日 羅旭瑞先生 （主席兼行政總裁） 羅俊圖先生 （副主席兼董事總經理） 羅寶文女士 （副主席） 黄寶文先生 （首席營運官） 梁蘇寶先生 （首席財務官） 吳季楷先生 執行董事： 獨立非執行董事： 龐述英先生 簡麗娟女士 李家暉先生，MH 石禮謙先生，GBS，JP ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Cosmopolitan International Holdings Limited (四海國際集團有限公司) (於開曼群島註冊成立之有限公司) (「本公司」) 呈交日期: 2026年3月5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) | 00120 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 12,060,239,047 | HKD | | 0.02 HKD | | 241,204,780.96 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | ...

Core Viewpoint - Yiyi Co., Ltd. has terminated its acquisition of the pet food brand "Xu Cuihua" and "Gao Ye Jia" after four months of negotiations due to changes in the target company's 2025 operational performance and failure to reach agreement on key commercial terms [1][2] Group 1: Acquisition Details - Yiyi Co. planned to acquire 100% equity of Hangzhou Gao Ye Jia to enter the pet food market and strengthen its leading position in the pet hygiene sector [1] - The termination was officially announced on February 10, 2026, during the fourth board meeting [1] Group 2: Reasons for Termination - The target company's operational performance in 2025 deviated from initial expectations due to adjustments in sales strategies during the "Double Eleven" shopping festival and increased upfront investments in new cat food products [2] - The parties could not agree on valuation and other core commercial terms, leading to a cautious decision to terminate the transaction [2] Group 3: Market Performance - Hangzhou Gao Ye Jia reported significant online sales growth during the "Double Eleven" festival, with over 120% increase in sales, including 120% on Tmall and 60% on JD [3][5] - The brand "Xu Cuihua" became the first pet product brand on Tmall to surpass 100 million in sales during the "Double Eleven" event [5] Group 4: Financial Performance - In 2023, Hangzhou Gao Ye Jia generated revenue of 302 million yuan with a net profit of 3.08 million yuan, resulting in a net profit margin of only 1% [6] - Revenue is projected to increase to 460 million yuan in 2024, with net profit rising to 18.30 million yuan and a net profit margin of 4% [6] Group 5: Pricing Strategy and Market Challenges - Despite high sales volumes, the company faces challenges with profitability due to a price war and new sales models that may increase costs and reduce margins [6] - The introduction of "subscription-like" sales models for cat litter has gained popularity but may lead to higher costs and pricing pressures [6]

Core Viewpoint - Yiyi Co., Ltd. has terminated its plan to acquire 100% equity of Hangzhou Gaoye Family, a pet food brand, after four months of negotiations due to changes in the target company's operating conditions in 2025 [2][3] Group 1: Acquisition Termination - The decision to terminate the acquisition was made during the fourth board meeting held on February 10, 2026, where the company approved the termination of the asset purchase and related fundraising [2] - The reason for the termination was attributed to changes in the target company's 2025 operating conditions compared to initial expectations, particularly adjustments in sales strategies during the "Double Eleven" shopping festival [3] Group 2: Business Performance - Yiyi Co., Ltd.'s main business focuses on the research, production, and sales of disposable hygiene products, with over 90% of revenue coming from these products, including pet hygiene items [3] - Hangzhou Gaoye Family reported a revenue of 302 million yuan in 2023, with a net profit of 3.08 million yuan, resulting in a net profit margin of only 1%. In 2024, revenue increased to 460 million yuan, with a net profit of 18.30 million yuan and a net profit margin of 4% [6] Group 3: Market Dynamics - The company has seen significant growth in online sales, with "Gaoye Family" and "Xu Cuihua" brands achieving over 120% year-on-year growth during the "Double Eleven" festival, with specific platform growth rates of 120% on Tmall, 60% on JD, 50% on Pinduoduo, and 40% on Douyin [4][6] - Despite high sales volumes and premium pricing, the company faces challenges with profit margins due to competitive pricing pressures and the introduction of new sales models that may increase costs [6][7]

Core Viewpoint - Yiyi Co., Ltd. has terminated its plan to acquire 100% equity of Hangzhou Gaoye Family, a pet food brand, after four months of negotiations due to changes in the target company's operating conditions in 2025 [1][2]. Group 1: Acquisition Termination - The decision to terminate the acquisition was made during the fourth board meeting held on February 10, 2026, where the company signed a termination agreement with the transaction counterpart [1]. - The reason for the termination was attributed to changes in the operating conditions of the target company, particularly adjustments in the sales model for cat litter during the 2025 Double Eleven shopping festival [2]. Group 2: Business Performance - Yiyi Co., Ltd.'s main business focuses on the research, production, and sales of disposable hygiene products, with over 90% of revenue coming from pet hygiene and personal hygiene products [2]. - Hangzhou Gaoye Family reported a revenue of 302 million yuan in 2023, with a net profit of 3.08 million yuan, resulting in a net profit margin of only 1%. In 2024, revenue increased to 460 million yuan, with a net profit of 18.30 million yuan and a net profit margin of 4% [6]. Group 3: Market Dynamics - The company has seen significant growth in online sales, with over 120% year-on-year growth during the Double Eleven festival, particularly on platforms like Tmall and JD [3][5]. - Despite high sales volumes, the company faces pressure from price wars, leading to adjustments in sales strategies, such as introducing subscription-like sales models for cat litter [6].

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: 2026年1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: Cosmopolitan International Holdings Limited (四海國際集團有限公司) (於開曼群島註冊成立之有限公司) (「本公司」) 呈交日期: 2026年2月5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) | 00120 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 12,060,239,047 | HKD | | 0.02 HKD | | 241,204,780.96 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | ...

Core Viewpoint - Hualing Cable has decided to terminate the acquisition of control over Hunan Xingxin Aerospace New Materials Co., Ltd. after nearly a year of planning, due to a lack of consensus on specific terms of the agreement with the counterparty [1][2] Group 1: Acquisition Termination - The termination of the acquisition was mutually agreed upon by both parties, and neither party will bear compensation or legal liability for the termination [2] - The termination will not adversely affect the company's production operations or financial status, nor will it harm the interests of shareholders, especially minority shareholders [2] - The company will continue to pursue its strategic goals through both internal development and external acquisitions to enhance its competitive capabilities [2] Group 2: Background of Xingxin Aerospace - Xingxin Aerospace, established in 2003, is a national high-tech enterprise that specializes in high-temperature resistant materials and has participated in significant aerospace projects [3] - The company reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan during the same period [3] Group 3: Hualing Cable's Strategic Focus - Hualing Cable specializes in the research and production of special cables for high-end fields such as aerospace, weaponry, and new energy [4] - The company is also pursuing the acquisition of San Zhu Technology, aiming to integrate cable and connector technologies to enhance its overall solution capabilities [4]

Core Viewpoint - Hualing Cable has decided to terminate the acquisition of control over Hunan Xingxin Aerospace New Materials Co., Ltd. after nearly a year of planning due to a lack of agreement on specific terms in the negotiation process [1][6]. Group 1: Acquisition Termination - The termination of the acquisition was mutually agreed upon by both parties, and neither side will bear compensation or legal liability for the termination [2][7]. - The decision to terminate the acquisition will not adversely affect the company's production, operations, or financial status, nor will it harm the interests of shareholders, especially minority shareholders [2][7]. Group 2: Background of Xingxin Aerospace - Xingxin Aerospace, established in 2003, is a national high-tech enterprise that specializes in high-temperature resistant materials and has participated in significant aerospace projects, including the Shenzhou series spacecraft and the Chang'e lunar exploration program [2][8]. - The company reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan during the same period [3][8]. Group 3: Hualing Cable's Strategic Direction - Hualing Cable focuses on high-end fields such as aerospace, weaponry, rail transportation, new energy, and mining, producing specialized cables including aerospace cables and ultra-high-temperature cables [3][8]. - The company is also pursuing the acquisition of San Bamboo Technology, planning to acquire 70% of its shares for a total price of 183 million yuan [3][8]. - The strategic logic behind the acquisition of San Bamboo Technology is to integrate cable and connector technologies, enhancing the company's capabilities as a system integrator in the defense modernization sector [4][9].