JINHUI HOLDINGS COMPANY LIMITED 金輝集團有限公司 (Incorporated in Hong Kong with limited liability) Stock Code: 137 （於香港註冊成立之有限公司） （股份代號：137） 各位註冊股東： 金輝集團有限公司（「本公司」） 2025年中期報告（「本次公司通訊」）之刊發通知 本公司之本次公司通訊之英文及中文版本已分別載於本公司網站www.jinhuiship.com及於香港交易及結算所有 限公司（「香港交易所」）網站www.hkexnews.hk（「網上版本」）。如 閣下已選擇收取公司通訊之印刷本，隨本 函附上本次公司通訊之印刷本。為支持環保及提升與本公司股東溝通之效率，本公司建議 閣下以網上版本 閱覽本次公司通訊及所有日後公司通訊。 公司通訊指本公司發出或將予發出，按香港聯合交易所有限公司證券上市規則第1.01條所定義向其任何證券 持有人提供參照或供其採取行動之任何文件，包括但不限於：(i)董事會報告、年度賬目連同核數師報告以 及（如適用）財務摘要報告；(ii)中期報告及（如適用）中期摘要報告；(iii)會議通告；(i ...

Financial Performance - The company's revenue for the first half of 2025 reached HKD 620.46 million, a 15% increase from HKD 539.28 million in the same period of 2024[10]. - EBITDA for the first half of 2025 was HKD 381.18 million, compared to HKD 247.63 million in the first half of 2024[10]. - Net profit for the first half of 2025 was HKD 106.19 million, up from HKD 66.90 million in the first half of 2024[10]. - The basic earnings per share for the first half of 2025 was HKD 0.102, compared to HKD 0.053 in the same period of 2024[10]. - The company reported a 15% increase in operating revenue from freight and chartering, reaching HKD 620,460,000 in the first half of 2025, compared to HKD 539,284,000 in the same period of 2024[26]. - Operating profit for the period was HKD 145,792,000, a 56% increase compared to HKD 93,365,000 in the previous year[84]. - Total comprehensive income for the period was HKD 99,202,000, a 73% increase from HKD 57,292,000 year-over-year[85]. - The group reported operating revenue of HKD 620,460,000 for the six months ended June 30, 2025, representing an increase of 15.06% compared to HKD 539,284,000 for the same period in 2024[98]. Fleet and Operations - The average daily charter rate for the fleet decreased by 3% to USD 13,538 (approximately HKD 106,000) in the first half of 2025, down from USD 13,939 (approximately HKD 109,000) in the first half of 2024[10]. - The average fleet utilization rate remained stable at 98% for both the first half of 2025 and 2024[17]. - As of June 30, 2025, the company operated a fleet of 32 vessels, comprising 25 owned vessels and 7 chartered vessels, with a total deadweight capacity of approximately 2,347,000 tons[19]. - The company maintained a total deadweight capacity of approximately 619,000 tons under various time charter contracts as of the reporting date[23]. - The company has successfully covered 67% of its vessel days for the second half of 2025 at average daily rates of $22,000 and $18,000 for its Cape and Panamax vessels, respectively[59]. - The company has also covered 45% of its vessel days for the second half of 2025 at an average daily rate of $14,000 for its ultra-large and super-large handymax vessels[59]. Legal and Compensation - The company recorded compensation income of HKD 157.74 million from a legal dispute regarding non-performance of charter contracts during the first half of 2025[10]. - Galsworthy Limited was awarded approximately $41.25 million (about HKD 321.75 million) in compensation by the London Arbitration Committee due to a breach of charter agreement by Parakou Shipping[49]. - Galsworthy received a settlement amount of SGD 27.6 million (approximately HKD 157.74 million) in January 2025, which will be recorded as other operating income in the first half of 2025[52]. Costs and Expenses - The average daily operating cost of owned vessels increased to USD 6,044 (approximately HKD 47,000) in the first half of 2025, up from USD 5,115 (approximately HKD 40,000) in the first half of 2024[17]. - Shipping-related expenses rose from HKD 271,619,000 in the first half of 2024 to HKD 347,483,000 in the first half of 2025, driven by increased fuel consumption and fleet expansion[29]. - Depreciation and amortization increased from HKD 154,265,000 in the first half of 2024 to HKD 235,383,000 in the first half of 2025, mainly due to the recognition of right-of-use asset depreciation for long-term chartered vessels[30]. - Financial costs increased from HKD 26,465,000 in the first half of 2024 to HKD 39,600,000 in the first half of 2025, attributed to loans taken for vessel delivery financing[31]. Assets and Liabilities - The carrying value of the company's owned vessels and capitalized dry-docking costs was HKD 3,022,010,000 as of June 30, 2025, down from HKD 3,067,893,000 as of December 31, 2024[18]. - The total amount of secured bank loans increased from HKD 882,766,000 as of December 31, 2024, to HKD 898,494,000 as of June 30, 2025[42]. - The company's total liabilities increased to HKD 1,414,078,000 in 2025 from HKD 1,308,725,000 in 2024, reflecting a rise of about 8.1%[88]. - The group’s total lease liabilities as of June 30, 2025, amounted to HKD 371,278,000, up from HKD 252,598,000 as of December 31, 2024[111]. Shareholder Information - As of June 30, 2025, the total number of shares held by Wu Shaohui is 245,668,568, representing 46.33% of the total issued shares[62]. - Wu Jin Hua holds 142,792,712 shares, accounting for 26.93% of the total issued shares[62]. - The major shareholders include Wang Yiwen with 245,668,568 shares (46.33%) and Wu Zilin with 205,325,568 shares (38.72%)[68]. - The company has no records of short positions as of June 30, 2025[64]. Corporate Governance - The company complies with the corporate governance code as of June 30, 2025, with no deviations reported[72]. - The board believes that the leadership of the chairman and the CEO is crucial for the stability and continuity of the business[73]. - The board is in the process of appointing a new independent non-executive director to comply with corporate governance codes[76]. Future Outlook - The company anticipates that if global economic activity regains confidence and reduces instability, its fleet will be well-positioned to benefit from supportive industry fundamentals[59]. - The company remains vigilant regarding potential disruptions to its operations from economic, geopolitical, or unforeseen events[60].

Core Viewpoint - Jinrong Marine Inc., a subsidiary of the company holding approximately 55.69% equity, has entered into an agreement to sell a vessel for $11.93 million, with delivery scheduled between September 15 and October 15, 2025 [1] Group 1 - The vessel is a super handymax type with a deadweight of 58,729 metric tons, built in 2008 and registered in Hong Kong [1] - The seller is a company specifically established for the purpose of owning this vessel [1]

Core Viewpoint - Jinhui Group (00137) announced the sale of a vessel by its indirect subsidiary Jinrong Marine Inc. for a price of $11.93 million, with the transaction scheduled for delivery between September 15 and October 15, 2025 [1]. Summary by Relevant Sections - **Transaction Details** - The agreement for the sale of the vessel was established on September 4, 2025 [1]. - The vessel is a super handymax type with a deadweight of 58,729 metric tons, built in 2008 and registered in Hong Kong [1]. - **Seller Information** - The seller, Jinrong Marine Inc., is a company specifically established for the purpose of owning this vessel [1].

格隆汇9月4日丨金辉集团(00137.HK)公告，董事会谨公布，卖方Jinrong Marine Inc为公司拥有约55.69% 权益间接附属公司，于2025年9月4日与买方六六顺航订立该协议，以出售该船舶。该船舶代价为1193万 美元。该船舶将于2025年9月15日至2025年10月15日期间由卖方交付予买方。"该船舶"指"JINRONG"为 一艘载重量58,729公吨及于香港注册散装货船。 ...

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。 JINHUI HOLDINGS COMPANY LIMITED 金輝集團有限公司 （於香港註冊成立之有限公司） 股份代號: 137 須予披露交易 出售一艘船舶 董事會謹公佈，賣方為本公司擁有約55.69%權益之間接附屬公司，於2025年9月4日與 買方訂立該協議，以出售該船舶。該船舶之代價為11,930,000美元（約93,054,000港元）。 該船舶將於2025年9月15日至2025年10月15日期間由賣方交付予買方。 本公司之主要業務為投資控股，而其附屬公司之主要業務為國際性船舶租賃及擁有船 舶。 賣方為船舶擁有之公司，並為 Jinhui Shipping 之全資附屬公司，及為本公司於本公佈 日期擁有其約 55.69%權益之間接附屬公司。 - 1 - 買方 買方為一間 於 香 港 註冊成立之公司 。買方 之 主要業務為 船舶租賃及營運 。買方為 朱敬香全資擁有，彼為買方之最終實益擁有人。 據董事會所 ...

第 1 頁 共 10 頁 v 1.1.1 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 FF301 | 截至月份: | 2025年8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: | 金輝集團有限公司 | | | | 呈交日期: | 2025年9月1日 | | | | I. 法定/註冊股本變動 不適用 | | | | II. 已發行股份及/或庫存股份變動 FF301 (B). 承諾發行發行人股份的權證 不適用 FF301 第 4 頁 共 10 頁 v 1.1.1 | 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) | 00137 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | ...

Core Insights - ST Xianhe reported a total operating revenue of 418 million yuan for the first half of 2025, with a net profit attributable to shareholders of 24.46 million yuan, ranking 13th among disclosed peers [1] - The company experienced a negative cash flow from operating activities amounting to -160 million yuan, ranking 21st among peers, which is a decrease of 43.37 million yuan compared to the same period last year [1] Financial Metrics - The latest debt-to-asset ratio stands at 16.00% [3] - The gross profit margin is reported at 40.77% [3] - Return on equity (ROE) is at 1.48%, ranking 14th among disclosed peers [3] - The diluted earnings per share (EPS) is 0.05 yuan, ranking 16th among peers [3] - Total asset turnover is recorded at 0.21 times [3] - Inventory turnover ratio is 0.92 times, ranking 13th among disclosed peers [3] Shareholder Information - The number of shareholders is 21,600, with the top ten shareholders holding a total of 137 million shares, accounting for 25.53% of the total share capital [3] - The top ten shareholders and their respective holdings are as follows: - Li Yuguo: 7.20% - Hebei Zhixin Danu New Energy Technology Co., Ltd.: 7.11% - Cui Fenghua: 2.08% - Caida Securities - Minsheng Bank - Caida Securities Growth No. 6 Collective Asset Management Plan: 1.75% - Liu Haibin: 1.67% - Chen Rongqiang: 1.63% - Zhang Yuxia: 1.27% - Qingdao Qingli New Energy Co., Ltd.: 1.06% - Zhang Zengyou: 0.95% - Wang Taoya: 0.81% [3]

Core Viewpoint - King Wai Group (00137) reported a revenue of HKD 620 million for the six months ending June 30, 2025, representing a year-on-year growth of 15.1% [1] - The company's profit attributable to shareholders was HKD 53.835 million, marking a significant year-on-year increase of 91.5% [1] - Basic earnings per share stood at HKD 0.102 [1] Financial Performance - Revenue for the period reached HKD 620 million, up 15.1% compared to the previous year [1] - Profit attributable to shareholders increased to HKD 53.835 million, reflecting a 91.5% growth year-on-year [1] - Basic earnings per share were reported at HKD 0.102 [1]

Group 1 - The company reported a revenue of HKD 620 million for the six months ending June 30, 2025, representing a year-on-year increase of 15.1% [1] - The profit attributable to shareholders was HKD 53.835 million, showing a significant year-on-year growth of 91.5% [1] - The basic earnings per share stood at HKD 0.102 [1]