（ 於 香 港 註 冊 成 立 之 有 限 公 司 ） （ 股 份 代 號 ： 160） 盈利警告 本公佈乃漢國置業有限公司（「本公司」連同其附屬公司「本集團」）根據香港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則 （ 「 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 下之 內幕 消 息條 文（ 定義見 上 市 規 則 ）而 作 出 。 本公司董事會（「董事會」）謹此通知本公司股東及 潛 在 投 資 者 ， 根 據 對 本 集 團 截至2025年3月31日止年度未 經 審核 綜合 管 理賬 目 之初 步審 閱，本集 團 預期 重估 前 的 溢 利 將 為 正 值 ， 並 介 乎 於 約 港 幣 10,000,000元 至 港 幣 15,000,000元 之 間 ， 比 對 截 至 2024年 3月 31日止年度的重估前溢利為港幣 132,100,000元 。 截 至 本 公 佈 日 期 ， 將 於 2025年 3月 31日 後 交 付 予 買 家 的 廣 州 住 宅 單 位 所 產 生 的 合 約 銷 售 總 額 ...

電話 : (852) 2980 1333 傳真 : (852) 2810 8185 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 就 因 本 公 佈 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該等內容而引致的任何損失承擔任何責任。 （於香港註冊成立之有限公司） （股份代號： 160） 更改股份過戶登記處 漢國 置 業有 限 公司 (「本 公 司 」) 董 事 會宣 佈 自 2025年5月 16日起 ， 本公 司 之 股份 過戶 登 記處 將 更改 為: - 卓佳 證 券登 記 有限 公司 香港 夏 慤道16號 遠東 金 融中 心17樓 由 2025年 5月 16日 起 ， 有 關 本 公 司 之 股 份 過 戶 及 登 記 手 續 將 由 卓 佳 證 券 登 記 有 限 公司辦理。於 2025年 5月 15日 下 午 四時三十分後仍未領取之股票 ， 可 於 2025年 5月16日 起 從卓 佳 ...

方文 靜 女士 馬德 瑋 先生 陳家 俊 先生 周明 祖 先生 董事會設立三個委員會。各董事會成員在這些委員會中所擔任的職位載列如下： | | 審核 委 員會 | 薪酬 委 員會 | 提名 委 員會 | | --- | --- | --- | --- | | 王承 偉 先生 | | 成員 | 成員 | | 林炳 麟 先生 | | 成員 | | | 王妍 醫 生 | | | 成員 | | 方文 靜 女士 | 成員 | 成員 | 主席 | | 馬德 瑋 先生 | 成員 | 主席 | 成員 | | 陳家 俊 先生 | 主席 | 成員 | 成員 | 王承 偉 先生 （ 主席 ） 李曉 平 先生 林炳 麟 先生 林燕 勝 先生 （ 董事 總經 理 ） 非執 行 董事 王妍 醫 生 獨立 非 執行 董 事 ( 於 香 港 註 冊 成 立 之 有 限 公 司 ) (股 份 代 號 ： 160) 董事名單及其角色和職能 漢國 置 業有 限 公司 之董 事 會（ 「 董事 會」 ） 成員 載 列如 下： 執行 董 事 香港 ，2025年4月1日 ...

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 。 漢國 置 業有 限 公司（「 本公司」，連同 其附 屬 公司 統 稱「 本集 團」)董事 會（「 董事 會」） 欣然宣佈， 林燕勝 先 生 （「 林先生 」） 現 任本公司之 執 行 董 事 ， 已 獲 晉 升 為 本公司之 董事 總 經理 ， 由2025年4月1日 起生 效 。 林先 生 ，61 歲 ，於 2024 年 4 月獲委 任 為本 公 司之 執 行董 事 ， 主 要負 責 本集 團的 整 體財 務 管理 和 日常 業務 營 運。彼 於 銀行 業擁 有 豐富 經 驗。彼 於恒 生 銀行 有 限公 司（「 該 銀行 」）任 職 21 年，於 2024 年 1 月 退 休前，最 後 任 職大 中華 區 商業 銀 行業 務總 監 及 該銀行執行委員會成員。彼規劃、指導及管理該銀行大中華區的商業銀行業務，以 及全球貿易及應收賬款融資、全球支付解決方案、 ...

216 160 * CHINNEY KIN WING HOLDINGS LIMITED * 385 1556 2025 2 16 86 1975 2023 -1- : http://www.honkwok.com.hk * Chinney Investments, Limited ( ) Hon Kwok Land Investment Company, Limited ( ) Chinney Alliance Group Limited ( *) Chinney Kin Wing Holdings Limited ( *) 2025 2 17 Randall Todd Turney ir@chinneyhonkwok.com -2- ...

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。 （於香港註冊成立之有限司） （股份代號：216） （於香港註冊成立之有限公司） （股份代號：160） 聯合公佈 須予披露交易 收購位於日本大阪的一間酒店物業 於 2025 年 2 月 7 日，The Bauhinia Hotels Group Japan 5 與賣方及 Green Estate 訂立買賣 合約轉讓協議，據此，The Bauhinia Hotels Group Japan 5（作為承讓人）同意從 Green Estate（作為轉讓人）接收及承擔 Green Estate 從賣方收購該物業相關的買賣合約項下之所 有權利及責任，代價（含當地消費稅）為約 1,220 百萬日圓（相當於約 62.2 百萬港元）。 The Bauhinia Hotels Group Japan 5 乃根據 TK 安排而成立，由合營公司、Best Range Global 及恆景日本分別出資及控制 50%、21%及 2 ...

Financial Performance - The company's revenue for the six months ended September 30, 2024, was HKD 316 million, down from HKD 643 million in 2023, reflecting a significant decline[41]. - Shareholders' net loss amounted to HKD 39 million, compared to a profit of HKD 89 million in the previous year[41]. - Basic loss per share was HKD 0.05, compared to earnings of HKD 0.12 per share in 2023[42]. - For the six months ended September 30, 2024, the group's profit before tax was HKD 12,579 thousand, a significant decrease from HKD 220,117 thousand in the same period of 2023[105]. - The group recorded a loss of HKD 56,474 thousand from investment properties at fair value, compared to a gain of HKD 22,159 thousand in the previous year[105]. - The company reported a loss of HKD 6,447,000 for the period, compared to a profit of HKD 89,720,000 in the previous year, marking a significant decline[126]. - The company’s basic and diluted earnings per share for the period were HKD (0.05), compared to HKD 0.12 in the previous year[125]. - The group reported a pre-tax profit of HKD 17,713,000 for the six months ended September 30, 2024, compared to HKD 21,187,000 in the same period last year[199]. Revenue Breakdown - Revenue from the Qiaochengfang project was HKD 102 million for the six months ended September 30, 2024, down from HKD 188 million in 2023, with a net profit attributable to the group's interest of HKD 29 million[60]. - Property development revenue for the six months ended September 30, 2024, was HKD 53 million, a decrease from HKD 386 million in 2023, primarily due to delays in a residential project in Guangzhou, resulting in deferred sales recognition of approximately HKD 370 million[83]. - Investment property revenue increased to HKD 239 million for the six months ended September 30, 2024, compared to HKD 226 million in 2023, while operating profit decreased to HKD 104 million from HKD 164 million, including a fair value loss of HKD 56 million[88]. - Property sales contributed HKD 386,441,000, while total rental income was HKD 234,991,000[173]. - Revenue for the six months ended September 30, 2024, was HKD 316,428,000, a decrease of 50.7% compared to HKD 642,508,000 for the same period in 2023[125]. Assets and Liabilities - The group's total interest-bearing debt as of September 30, 2024, was approximately HKD 6.556 billion, with 24% classified as current liabilities[69]. - The total value of investment properties as of September 30, 2024, was HKD 15,405 million, up from HKD 15,013 million as of March 31, 2024, with a fair value decrease of HKD 86 million during the period[91]. - The total assets of the company as of September 30, 2024, amounted to HKD 20,423,347,000, with total liabilities of HKD 8,179,369,000[146]. - The company’s total non-current liabilities increased to HKD 6,251,120,000 from HKD 6,065,781,000 as of March 31, 2024[128]. - The group has guaranteed bank credit of HKD 487,500,000 for a joint venture, with HKD 237,500,000 utilized[183]. Cash Flow and Financing - The group's cash flow from operating activities for the six months ended September 30, 2024, was HKD 335,202 thousand, compared to HKD 393,065 thousand in the previous year[105]. - The net cash flow from operating activities after interest and tax payments was HKD 302,421 thousand, down from HKD 376,483 thousand in the same period of 2023[105]. - The net cash flow from financing activities was a net outflow of HKD 316,198,000, compared to an inflow of HKD 43,581,000 in the same period last year[132]. - Cash and bank balances as of September 30, 2024, totaled approximately HKD 1,248 million, a decrease from HKD 1,294 million as of March 31, 2024[94]. - The company has committed but undrawn bank credit facilities totaling approximately HKD 264 million available for operational funding as of September 30, 2024[94]. Market Conditions and Strategic Focus - The company is focusing on expanding its investment portfolio in other regions to generate more recurring income amid a challenging investment environment in China[37]. - The group is facing challenges from geopolitical tensions and a sluggish real estate market in mainland China, with consumer confidence remaining low[55]. - The company is actively exploring opportunities in the Greater Bay Area real estate and proptech sectors, aiming to diversify its geographic strategy amid local challenges[81]. - The group anticipates continued improvement in the property market due to government measures announced in mid-October, including mortgage relaxation and talent immigration plans[56]. - The company is implementing various new plans to enhance rental rates and maintain occupancy levels in the Chinese property market, which remains sluggish[49]. Project Developments - The company expects to recognize sales revenue from the Guangzhou project in the second half of the fiscal year, which is anticipated to significantly improve performance[20]. - The company has successfully obtained the completion certificate for the residential project, allowing for the recognition of approximately HKD 370 million in sales revenue[35]. - Construction of a luxury residential project in Repulse Bay is progressing on schedule, with the group holding a 50% interest[61]. - The group has pre-sold 35 residential units in the newly completed project in Beijing, contributing approximately HKD 370 million in unrecognized contracted sales revenue[60]. - Renovation of the Bauhinia Hotel (Central) is nearing completion, with plans to reopen in 2025, featuring green and sustainable design elements[90]. Equity and Shareholder Information - Shareholders' equity as of September 30, 2024, was HKD 11,463 million, up from HKD 11,060 million as of March 31, 2024[42]. - Shareholders' equity increased to approximately HKD 11.463 billion as of September 30, 2024, up from HKD 11.060 billion as of March 31, 2024, primarily due to the appreciation of RMB-denominated assets[70]. - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024[156]. - The company recognized a share of profit from an associate of HKD 29,278,000, compared to HKD 14,661,000 in the previous year[125]. - The group increased its contract liabilities by HKD 44,096 thousand, contrasting with a decrease of HKD 109,764 thousand in the same period of 2023[105].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 316 million, a decrease from HKD 643 million in 2023, reflecting a decline of approximately 50.9%[3] - The net loss attributable to shareholders was HKD 39 million, compared to a profit of HKD 89 million in 2023, indicating a significant downturn[3] - Basic loss per share was HKD 0.05, down from earnings of HKD 0.12 per share in 2023[4] - The group reported a revenue of HKD 316,428,000 for the six months ended September 30, 2024, a decrease from HKD 642,508,000 in the same period of 2023, representing a decline of approximately 50.7%[20] - The gross profit for the same period was HKD 188,654,000, down from HKD 359,601,000, indicating a decrease of about 47.5%[20] - The group recorded a loss of HKD 6,447,000 for the period, compared to a profit of HKD 89,720,000 in the previous year, reflecting a significant decline in profitability[20] - The group's profit before tax for the six months ended September 30, 2024, was HKD 12,579,000, indicating a decrease compared to the previous period[57] - The company reported a total revenue of HKD 642,508,000 for the six months ended September 30, 2023, with a profit before tax of HKD 220,117,000, highlighting a significant year-over-year performance difference[59] Shareholder Equity and Dividends - Shareholders' equity as of September 30, 2024, was HKD 11,463 million, an increase from HKD 11,060 million as of March 31, 2024[4] - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024, consistent with 2023[5] - Total equity attributable to the company increased to HKD 11,782,881,000 as of September 30, 2024, compared to HKD 11,332,869,000 as of March 31, 2024, reflecting a growth of approximately 3.95%[48] - The group’s total equity as of September 30, 2024, was approximately HKD 11.463 billion, an increase from HKD 11.060 billion on March 31, 2024, primarily due to the appreciation of RMB-denominated assets[97] Market Conditions and Strategies - The rental market in China remains weak due to oversupply and low market sentiment, but the company is implementing new strategies to improve occupancy rates[11] - The company anticipates that the renovation of the Bao Hsien Hotel in Central will stimulate revenue and profit growth within the next three to six months[12] - The group anticipates that the economic environment will remain challenging due to high interest rates and geopolitical tensions, impacting future performance[14] - The real estate market in Guangzhou saw a 40% increase in sales following the removal of purchase restrictions, although the momentum is not expected to sustain due to low consumer confidence[15] - The group is exploring opportunities in the Greater Bay Area for real estate and proptech, aiming to diversify and balance profitability amid local challenges[17] - The company is focusing on expanding its investment portfolio in other regions to generate more recurring income amid unfavorable conditions in its primary market[10] Investment and Assets - The investment property portfolio is regularly measured at fair value, reflecting losses due to weak market conditions in China and Hong Kong, while the Japanese investment portfolio shows better performance[13] - The group's non-current assets totaled HKD 16,985,833,000 as of September 30, 2024, compared to HKD 16,541,148,000 as of March 31, 2024, indicating growth in asset value[36] - The total assets as of September 30, 2024, were not explicitly stated but are implied to be significant given the equity figures reported[48] - The investment property portfolio's market value as of September 30, 2024, was HKD 15.405 billion, an increase from HKD 15.013 billion on March 31, 2024, with mainland China properties valued at HKD 9.736 billion and Hong Kong properties at HKD 5.254 billion[94] - The group has pledged properties with a total book value of approximately HKD 16.189 billion as collateral to secure certain bank loans[99] Financial Obligations and Liabilities - The total liabilities decreased from HKD 8,067,988,000 as of March 31, 2024, to HKD 8,179,369,000 as of September 30, 2024, reflecting a slight increase in financial obligations[40][44] - As of September 30, 2024, the group's total interest-bearing debt was approximately HKD 6.556 billion, with about 24% classified as current liabilities, and cash and bank balances totaled approximately HKD 1.248 billion[96] - The debt-to-equity ratio as of September 30, 2024, was 45%, a slight decrease from 46% on March 31, 2024[97] Operational Performance - The average occupancy rate of the investment property portfolio in mainland China was 72%, down from 75% in 2023, with a total floor area of approximately 446,000 square meters across six major projects[89] - The Hong Kong property management and parking management business contributed revenue of HKD 24 million, down from HKD 30 million in 2023, with an operating loss of HKD 1.3 million compared to a profit of HKD 4.2 million in 2023[95] - The group incurred financial expenses of HKD 135,871,000, excluding interest on lease liabilities, during the six months ended September 30, 2024[57] - The total tax expense for the six months ended September 30, 2024, was HKD 19,026,000, a significant decrease from HKD 130,397,000 in the same period of 2023[72] Employee and Governance - As of September 30, 2024, the company employed approximately 340 employees, a decrease from about 370 employees as of March 31, 2024[100] - The company has adhered to the corporate governance code, with the exception of the requirement for directors to retire at least once every three years[105] - The audit committee has held regular meetings, with at least two meetings per year to review the financial reporting process and internal controls[107]

漢 國 置 業 有 限 公 司 ( 「 本 公 司 」 ) 謹 此 宣 佈 ， 本 公 司 訂 於 2024 年 11 月 27 日 (星 期 三 )舉 行 董 事 會 會 議 ， 藉 以 (當 中 包 括 )考 慮 及 批 准 本 公 司 及 其 附 屬 公 司 截 至 2024年 9月 30日 止六個月之中期業績及考慮派發 中期股息 (如 有 )。 承董事會命 尹嘉怡 公司秘書 香港， 2024年 11月 15日 於 本 公 佈 日 期 ， 本 公 司 之 董 事 為 執 行 董 事 王 承 偉 先 生 （ 主 席 ）、 李 曉 平 先 生 、 林 炳 麟 先 生 及 林 燕 勝 先 生；非 執 行 董 事 王 妍 醫 生；以 及 獨 立 非 執 行 董 事 方 文 靜 女 士 、 馬 德 瑋 先 生 、 陳 家 俊 先 生 及 周 明 祖 先 生 。 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 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 ...

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 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 香 港 註 冊 成 立 之 有 限 公 司 ） （ 股 份 代 號 ： 160） 盈利警告 該 公 平 值 虧 損 乃 屬 非 現 金 性 質 ， 不 會 影 響 本 集 團 的 整 體 財 務 狀 況 。 - 1 - (1) 本 集 團 位 於 廣 州 北 京 南 路 的 住 宅 項 目 預 售 單 位 所 產 生 的 物 業 銷 售 因 項 目 延 期 竣 工 而 延 遲 確 認 ， 導 致 本 集 團 收 入 大 幅 減 少 。 儘 管 如 此 ， 我 們 已 於2024年11月 4 日 成 功 獲 得 該 項 目 的 竣 工 證 明 書 ， 因 此 ， 預 計 相 關 銷 售 額 約 人 民 ...