此乃要件 請即處理 閣下如對本通函之任何方面或應採取之行動有任何疑問，應諮詢閣下之股票經紀或其他註冊證 券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已出售或轉讓名下所有瀛晟科學有限公司*之股份，應立即將本通函及隨附之代表委任 表格送交買主或承讓人，或經手買賣或轉讓之股票經紀、其他註冊證券商、銀行或其他代理 人，以便轉交買主或承讓人。 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，概不對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。 釋 義 於本通函中，除文義另有所指外，下列詞彙具有以下涵義： 本通函第15至19頁載有召開瀛晟科學有限公司股東週年大會之通告，股東週年大會將於二零二 五年五月二十二日（星期四）上午十時三十分假座香港灣仔皇后大道東248號大新金融中心35樓 舉行。無論閣下能否出席股東週年大會及於會上投票，亦務請細閱該通告及將隨附之代表委任 表格按其上印列之指示填妥及簽署，並盡快交回本公司之香港股份過戶登記分處卓佳證券登記 有限公司，地址為香港夏愨道16號遠東金融中心17樓，惟無論 ...

Economic Performance - The year 2024 was marked by significant economic challenges, including persistent inflation and geopolitical conflicts impacting global supply chains and trade flows[16]. - For FY2024, the Group recorded revenue of approximately HK$515.9 million, representing a decrease of approximately 1.4% compared to FY2023 revenue of approximately HK$523.3 million[25]. - The Toys Division's revenue decreased by approximately 1.7% to HK$514 million, with gross profit dropping to approximately HK$13.8 million, a decrease of approximately 64.8% from HK$39.2 million in FY2023[29]. - The Group's net loss for FY2024 amounted to approximately HK$73.8 million, compared to a net loss of approximately HK$29.4 million in FY2023, primarily due to a reduction in gross profit and increased impairment losses[27]. - The Agricultural Products Division improved its revenue to approximately HK$1.9 million in FY2024, up from approximately HK$0.4 million in FY2023, but still recorded a segment loss before taxation of approximately HK$3.5 million[34]. - The Toys Division faced tremendous pressure on product margins and turnover in FY2025, indicating a challenging market environment ahead[18]. Financial Position - The Group's net current liabilities at the end of FY2024 were approximately HK$220.3 million, an increase from HK$185.2 million in FY2023, with cash and cash equivalents of approximately HK$55.3 million[35]. - Capital deficiencies attributable to owners of the Company increased to approximately HK$139 million as of December 31, 2024, compared to approximately HK$80.1 million as of December 31, 2023[36]. - The Group's gearing ratio as of December 31, 2024, was approximately 136.7%, up from 131% in 2023, indicating a high level of debt relative to equity[36]. - The Group's current liabilities net amount to approximately HKD 220,257,000, while total liabilities net amount to approximately HKD 140,487,000, indicating significant uncertainty regarding the Group's ability to continue as a going concern[45]. - The Group's bank balance is approximately HKD 55,258,000, against loans of approximately HKD 217,089,000 that are due within the next twelve months[45]. Management Plans and Strategies - The Group is cautiously optimistic about the performance improvements in both the Toys Division and Agricultural Products Division, with plans to explore new business opportunities[19]. - The management plans to extend the plantation and sales of agricultural products in Japan, which are currently in the development stage[34]. - The Group has proposed to issue shares under the general mandate on January 28, 2025, to support ongoing business operations despite the current financial challenges[37]. - Management believes that the Group will have sufficient working capital for at least 12 months from December 31, 2024, based on successful measures such as share issuance and loan maturity extensions[47]. - The management plans to raise equity funds through new share placements and/or rights issues to address auditor concerns regarding going concern issues, aiming to complete this by the end of 2025[53]. - The audit committee agrees with management's action plan to address the audit qualification and supports the Group's ability to continue as a going concern[49]. ESG Commitment and Governance - The Group's ESG management structure and processes remained unchanged from the previous reporting period, indicating a consistent approach to environmental, social, and governance issues[67]. - The Group is committed to providing strong returns to investors while ensuring a healthy and safe working environment for employees and contributing to sustainable local community developments[68]. - The reporting scope of the ESG Report focuses on the primary business of manufacturing and trading toys, with the Zhongshan division being financially significant and operationally important[71]. - The Board regularly approves and updates strategies related to environmental and social issues, ensuring that all departments implement ESG policies according to their operations[68]. - The Group continues to invest substantial resources to monitor ESG issues, policies, and practices, reflecting its commitment to sustainability and compliance with legal requirements[67]. - The Group's governance structure emphasizes the importance of risk management and compliance with relevant laws and regulations to enhance competitiveness and promote sustainable business development[63]. Environmental Performance - The Group's environmental performance is overseen by the Board, ensuring compliance with all relevant environmental laws and regulations[85]. - The Group has complied with the Environmental Protection Law of the PRC and other relevant regulations to minimize environmental risks[85]. - The Group has established an environmental management system in accordance with ISO 14001 standards to enhance its environmental performance[92]. - The Group's indirect CO2 emissions increased by 3.00% from 5,129 tonnes in 2023 to 5,283 tonnes in 2024, while CO2 emissions per employee decreased by 6.05% from 3.47 tonnes to 3.26 tonnes[98]. - The Group aims to reduce air pollutant emissions, specifically hazardous SOx, NOx, and PM, by 2-3% in the coming year[106]. - The Group has not reported any confirmed cases of breaching environmental legislation regarding emissions and waste discharge during the 2024 Reporting Period[93]. Climate Change and Risk Management - The Board oversees climate-related risks, recognizing them as material risks that could impact strategic objectives and financial performance[149]. - The Group has identified energy and water as immediate areas to address climate change and reduce future costs[150]. - The Group recognizes climate change as a strategic business risk and integrates climate-related risks and opportunities into its overall business strategy[175]. - The Group has identified extreme weather events such as typhoons, heavy rain, and flooding as physical acute risks, which could lead to delivery delays and increased operational costs[158]. - Legal and policy risks related to stricter carbon emission reduction policies may increase operational costs and litigation risks for the Group[166]. - The Group acknowledges that climate change presents opportunities for cost savings through improved energy efficiency and the adoption of green technologies[169]. Employee Welfare and Practices - The Group employed 1,654 full-time employees as of December 31, 2024, in Zhongshan and Hong Kong[197]. - The employee gender distribution shows 971 males and 683 females in 2024, compared to 952 males and 566 females in 2023, indicating a growth in both male and female employees[199]. - The Group has established an updated employment policy in compliance with the National Labour Law, with no reported cases of non-compliance regarding employment practices during the 2024 reporting period[192]. - The Group contributes to "Five social insurance and one housing fund," ensuring employees receive endowment, medical, unemployment, employment injury, maternity insurance, and housing provident fund[194]. - All employees are entitled to various statutory holidays and paid leave, including paternity and maternity leave, as part of the Group's commitment to employee welfare[194]. - The Group has been certified by the ICTI CARE Foundation, demonstrating its commitment to promoting safe and fair working conditions[192].

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 515,908,000, a decrease of 1.7% from HKD 523,262,000 in the previous year[3] - The cost of sales increased to HKD 503,105,000, up 3.9% from HKD 483,996,000, resulting in a gross profit of HKD 12,803,000, down 67.4% from HKD 39,266,000[3] - The company recorded a loss before tax of HKD 69,437,000, compared to a loss of HKD 22,998,000 in the previous year, indicating a significant decline in financial performance[3] - The net loss attributable to shareholders for the year was HKD 73,026,000, compared to HKD 28,650,000 in the previous year, reflecting an increase of 154.5%[3] - Basic and diluted loss per share was HKD 0.564, compared to HKD 0.318 in the previous year, representing a 77.5% increase in loss per share[3] - The group reported a pre-tax loss of HKD 69,437,000 in 2024, compared to a pre-tax loss of HKD 22,998,000 in 2023, indicating a significant increase in losses[25] - The annual loss attributable to shareholders for 2024 is HKD (73,026,000), compared to HKD (28,650,000) in 2023, indicating a significant increase in losses[30] - The net loss for fiscal year 2024 was approximately HKD 73.8 million, compared to a net loss of HKD 29.4 million in fiscal year 2023, indicating a significant increase in losses[47] - The gross profit for the fiscal year 2024 was approximately HKD 13.8 million, a decrease of about 64.8% from HKD 39.2 million in fiscal year 2023[47] Revenue Breakdown - Total revenue from toy sales for the year 2024 was HKD 514,023,000, a decrease of 1.54% from HKD 522,827,000 in 2023[18] - Revenue from agricultural products increased significantly to HKD 1,885,000 in 2024 from HKD 435,000 in 2023, representing a growth of 334.48%[18] - The total revenue for the group in 2024 was HKD 515,908,000, down from HKD 523,262,000 in 2023, marking a decline of 1.41%[18] - The toy division's revenue decreased by approximately 1.7% to HKD 514 million in fiscal year 2024, with a reported segment loss before tax of about HKD 44.5 million compared to a loss of HKD 7.26 million in fiscal year 2023[49] - The agricultural products division's revenue improved to approximately HKD 1.9 million in fiscal year 2024 from HKD 0.4 million in fiscal year 2023, but it recorded a segment loss before tax of about HKD 3.5 million due to its developmental stage in Japan[50] Assets and Liabilities - Total assets decreased to HKD 255,457,000 from HKD 291,907,000, while total liabilities slightly decreased to HKD 475,714,000 from HKD 477,091,000[5] - The company reported a net current liability of HKD 220,257,000, compared to HKD 185,184,000 in the previous year, indicating worsening liquidity[6] - The company’s current liabilities and total liabilities were approximately HKD 220.3 million and HKD 140.5 million, respectively, as of December 31, 2024[44] - Trade receivables total HKD 105,083,000 in 2024, an increase of 47% from HKD 71,657,000 in 2023[32] - The net trade receivables after expected credit loss provisions for 2024 is HKD 103,334,000, compared to HKD 70,482,000 in 2023[32] - Trade payables amount to HKD 204,624,000 in 2024, up from HKD 170,541,000 in 2023, reflecting a 20% increase[33] - Total loans amount to HKD 217,089,000 in 2024, a decrease from HKD 238,097,000 in 2023[35] Cash Flow and Liquidity - The company’s cash and bank balances decreased to HKD 55,258,000 from HKD 119,335,000, indicating a significant reduction in liquidity[5] - The company’s bank balance was approximately HKD 55.3 million, while its loans amounted to approximately HKD 217.1 million, indicating a significant liquidity concern[44] - The company raised approximately HKD 1,200,000 from the issuance of 9,400,000 new shares at HKD 0.14 each to improve its financial position[11] - The company completed the issuance of 101,964,566 new shares at a placement price of HKD 0.066 per share, raising approximately HKD 6.5 million on January 15, 2024[38] - The company issued 9,400,000 new shares at a net issue price of approximately HKD 0.14 per share on January 28, 2025, generating net proceeds of HKD 1.2 million[41] Cost Management - The group implemented cost-saving measures to control operating and administrative costs, aiming to improve cash flow to meet operational funding needs[15] - Interest expenses on bank loans rose to HKD 9,931,000 in 2024 from HKD 6,974,000 in 2023, an increase of 42.3%[27] - The group’s total financing costs increased to HKD 18,184,000 in 2024 from HKD 15,587,000 in 2023, reflecting a rise of 16.5%[27] - The cost of inventory recognized as an expense in 2024 is HKD 495,518,000, compared to HKD 478,136,000 in 2023[28] Corporate Governance and Future Outlook - The company has complied with all applicable code provisions of the corporate governance code during the fiscal year ending December 31, 2024[60] - The management plans to raise equity capital through the issuance of new shares to address ongoing operational funding needs and to mitigate the auditor's concerns regarding going concern issues[58] - The company anticipates that fiscal year 2025 will be challenging due to geopolitical instability and inflationary pressures, which will significantly impact the toy division's product profitability and sales[59] - The board remains cautiously optimistic about the group's future, expecting continued improvement in the toy and agricultural products divisions while exploring new business opportunities[59] Employment and Employee Costs - As of December 31, 2024, the group employed 1,654 employees, an increase from 1,513 employees in 2023, with employee costs approximately HKD 109.8 million compared to HKD 106.1 million in 2023[61] Audit and Reporting - The audit committee reviewed the annual performance for the fiscal year 2024, and the financial statements were audited by the auditor, Tianjian International CPA Limited[64] - The annual report for the year ended December 31, 2024, will be sent to shareholders and published on the respective websites at an appropriate time[66]

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，概不對因本公告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。 承董事會命 瀛晟科學有限公司 主席 蔣青輝 香港，二零二五年三月十四日 於本公告日期，董事會由三名執行董事蔣青輝先生（主席）、翁祖鈿先生（行政總裁）及李 忠海先生；一名非執行董事林少鵬先生；及三名獨立非執行董事郭劍雄先生、赵勇先生 及王鈺梅女士組成。 * 僅供識別 WINSHINE SCIENCE COMPANY LIMITED 209 董事會會議通告 瀛晟科學有限公司（「本公司」）董事會（「董事會」）欣然宣佈，本公司之董事會會議將於二 零二五年三月三十一日（星期一）舉行，藉以（其中包括）批准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經審計全年業績，及建議宣派末期股息（如有）之事 宜。 * ...

209 盈利警告 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告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告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。 WINSHINE SCIENCE COMPANY LIMITED 本公告乃由瀛晟科學有限公司*（「本公司」，連同其附屬公司統稱「本集團」）按照香港聯合 交易所有限公司證券上市規則（「上市規則」）第13.09(2)條及證券及期貨條例（香港法例第 571章）第XIVA部項下之內幕消息條文而刊發。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據對本集團截 至二零二四年十二月三十一日止年度（「該年度」）未經審核綜合管理賬目的初步評估及董 事會目前可取得之資料。本公司預計該年度錄得約不少於70百萬港元虧損，而去年度則 錄得約30百萬港元虧損。該年度業績虧損擴大主要是(i)由於本年度玩具業務的市況競爭 激烈，毛利減少約25百萬港元及(ii)物業、廠房及設備減值虧損增加約10百萬港元。 本公司仍在落實本集團於該年度之全年業績。本公告所載資料僅基於對未經審核綜合管 理賬目之 ...

董事名單與其角色及職能 瀛晟科學有限公司董事會（「董事會」）之董事（「董事」）成員之最新資料載列如下。 董事會 執行董事 WINSHINE SCIENCE COMPANY LIMITED * 209 郭劍雄先生 赵勇先生 王鈺梅女士 董事會設立3個委員會。下表提供各董事會成員在這些委員會中所擔任的職位。 | 董事 | 董事委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | | 蔣青輝先生 | | – | – | C | | 翁祖鈿先生 | | – | C | – | | 李忠海先生 | | – | – | – | | 林少鵬先生 | | – | – | – | | 郭劍雄先生 | | C | – | M | | 赵勇先生 | | M | M | – | | 王鈺梅女士 | | M | M | M | 附註： C 有關董事委員會的主席 M 有關董事委員會的成員 蔣青輝先生 （主席） 翁祖鈿先生 （行政總裁） 李忠海先生 非執行董事 林少鵬先生 獨立非執行董事 香港，二零二五年二月二十八日 * 僅供識別 ...

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告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示不會就本公告全部或任何部份內容而產 生或因依賴該等內容而引致之任何損失承擔任何責任。 董事會謹藉此機會衷心感激陳先生於任期內對本公司作出之貢獻。 WINSHINE SCIENCE COMPANY LIMITED 董事委員會組成變動 * 209 獨立非執行董事辭任 及 董事委員會組成變動 獨立非執行董事辭任 瀛晟科學有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，陳卓豪先生（「陳先生」） 辭任本公司之獨立非執行董事，於二零二五年二月二十八日起生效，原因是彼希望將更 多時間投入個人及其他業務。 陳先生已確認彼與董事會並無分歧，及無其他與陳先生辭任有關的事宜須知會本公司股 東及香港聯合交易所有限公司。 彼辭去董事職務後，董事會進一步宣佈，自二零二五年二月二十八日起： (i) 審核委員會 陳先生不再擔任審核委員會主席，而現任獨立非執行董事郭劍雄先生，已調任為審 核委員會主席，和現任獨立非執行董事王鈺梅女士已獲委任為審核委員會成員。 - 1 - (ii) 薪酬委員會 陳先生已不再擔任薪酬委 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 瀛晟科學有限公司 呈交日期： 2025年1月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00209 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 ...

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告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示不會就本公告全部或任何部份內容而產 生或因依賴該等內容而引致之任何損失承擔任何責任。 本公告僅供參考用途，並不構成收購、購買或認購本公司任何證券之邀請或要約。 WINSHINE SCIENCE COMPANY LIMITED 209 完成根據一般授權認購新股份 茲提述瀛晟科學有限公司（「本公司」）日期為二零二五年一月二十二日的公告（「該公 告」），內容有關認購人根據一般授權認購認購股份。除文義另有指明外，本公告所用定 義及詞彙與該公告所界定者具有相同涵義。 完成根據一般授權發行新股份 董事會欣然宣佈，認購協議中載述的所有條件均已達成，且完成已根據其條款及條件於 二零二五年一月二十八日作實。根據認購協議，認購人已按認購價每股認購股份0.14港元 成功認購9,400,000股認購股份，相當於緊隨完成後經配發及發行認購股份擴大後已發行 股份總數的約6.1%。 認購事項所得款項淨額（扣除認購事項之開支後）預計約為1,200,000港元。預計該認購事 項所得款項淨額將用於該公告所述目的。 - 1 - ...

香港交易及結算所有限公司及聯交所對本公告之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示不會就本公告全部或任何部份內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 本公告僅供參考用途，並不構成接納、購買或認購本公司任何證券之邀請或要約。 WINSHINE SCIENCE COMPANY LIMITED 209 根據一般授權認購新股份 根據一般授權認購新股份 董事會欣然宣佈，於二零二五年一月二十二日（於聯交所交易時段後），本公司及認購 人訂立認購協議，據此，本公司已有條件同意配發及發行，而認購人已有條件同意認 購9,400,000股認購股份，認購價為每股認購股份0.14港元。完成須以本公告下文「認購 協議」一節載列的各項條件為限。 認購股份相當於(i)截至本公告日期已發行股份總數約6.5%；及(ii)於緊接根據認購協議 完成後經配發及發行認購股份擴大後已發行股份總數約6.1%（假設自本公告日期起及 直至完成日期止已發行股份總數並無其他變動）。認購股份的總面值為94,000港元。 所得款項用途 發行認購股份的所得款項總額預計約為1,300,000港元，而發行認購股份的所得款項淨 額（扣除 ...