英皇娱乐酒店(00296)发布公告，集团的净亏损预计于截至2025年9月30日止六个月(本期间)将大幅收窄 至不多于8000万港元(2024年：2.26亿港元)。有关改善主要是由于本期间投资物业公允价值亏损大幅减 少至不多于7000万港元(2024年：2.64亿港元)。董事会认为，公允价值亏损为非现金项目，故不会对集 团的现金流构成直接影响。 ...

智通财经APP讯，英皇娱乐酒店(00296)发布公告，集团的净亏损预计于截至2025年9月30日止六个月(本 期间)将大幅收窄至不多于8000万港元(2024年：2.26亿港元)。有关改善主要是由于本期间投资物业公允 价值亏损大幅减少至不多于7000万港元(2024 年：2.64亿港元)。董事会认为，公允价值亏损为非现金项 目，故不会对集团的现金流构成直接影响。 ...

Core Viewpoint - Emperor Entertainment Hotel (00296.HK) expects a significant reduction in net loss for the six months ending September 30, 2025, to not more than HKD 80 million, compared to HKD 226 million in 2024 [1] Financial Performance - The anticipated improvement is primarily due to a substantial decrease in fair value losses on investment properties, projected to be not more than HKD 70 million, down from HKD 264 million in 2024 [1] - The board notes that the fair value losses are non-cash items, thus will not have a direct impact on the group's cash flow [1]

本公司股東及潛在投資者於買賣本公司證券時務請審慎行事。 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。 (於百慕達註冊成立之有限公司) (股份代號: 296) 盈利預告 淨虧損大幅收窄 本公告乃由英皇娛樂酒店有限公司（「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。 本公司董事會（「董事會」）謹此知會本公司股東及潛在投資者，根據對本集團所得最新財 務資料進行之初步評估，本集團之淨虧損預計於截至2025年9月30日止六個月（「本期間」） 將大幅收窄至不多於80,000,000港元（2024年：226,000,000港元）。有關改善主要是由於本 期間投資物業公允價值虧損（「公允價值虧損」）大幅減少至不多於70,000,000港元（2024 年：264,000,000港元）。董事會認為，公允價值虧損為非現金項目，故不會 ...

Core Viewpoint - The closure of the Emperor Palace Casino in Macau, owned by entertainment tycoon Yang Shoucheng, highlights the challenges faced by satellite casinos amid regulatory changes and financial difficulties within the Emperor Group [4][7][22]. Summary by Sections Casino Closure - The Emperor Palace Casino has ceased operations, with its signage changed from "casino" to hotel promotions, reflecting its transition [6][10]. - The closure is part of a broader trend where many satellite casinos in Macau are set to stop operations by the end of the year due to regulatory changes [7][19]. Financial Impact - The casino's closure is significant for the Emperor Group, which is currently facing a debt crisis. The casino was a stable source of cash flow, contributing significantly to the group's finances [7][14]. - Prior to its closure, the casino had already reduced operations, with only slot machines remaining active, generating limited revenue compared to table games [9][12]. Historical Context - The Emperor Palace Casino opened in 2006 and quickly gained popularity, generating approximately 1.2 billion HKD in revenue in its first fiscal year [11]. - Despite its initial success, the casino's performance declined, especially during the pandemic, leading to consecutive years of losses [14][15]. Regulatory Environment - The Macau government has mandated that all satellite casinos must either cease operations or be acquired by licensed operators by the end of 2025, impacting the future of many such establishments [19][22]. - Other satellite casinos, including those owned by major operators, have also begun to close, indicating a significant shift in the Macau gaming landscape [20][21]. Market Trends - Despite the closures, reports indicate that Macau's gaming industry is experiencing a resurgence, with potential revenue growth expected in the coming months [22]. - Analysts predict that October's gaming revenue could reach between 23.3 billion to 24.1 billion HKD, marking a six-year high [22].

Core Viewpoint - Emperor Entertainment Hotel (00296.HK) announced the termination of its gaming operations at the Emperor Palace Casino, effective October 30, 2023, following an agreement with SJM Holdings [1][6][8]. Group 1: Termination of Operations - The Emperor Palace Casino ceased operations at 23:59 on October 30, 2023, as part of a mutual agreement between Emperor Entertainment's subsidiary, Tianhao, and SJM Holdings [6][8]. - This decision follows SJM Holdings' earlier announcement on June 9, 2023, regarding the discontinuation of gaming operations at several satellite casinos, including the Emperor Palace Casino [5][6]. Group 2: Financial Performance and Debt Issues - Emperor Entertainment Hotel reported a revenue of approximately HKD 1.2 billion for the fiscal year ending March 31, 2007, indicating strong initial performance [8]. - The company is currently facing significant financial challenges, with HKD 16.6 billion in overdue loans, raising concerns about its ongoing viability [15]. - Emperor International (00163.HK) reported total revenue of HKD 1.376 billion for the fiscal year 2024-2025, a 41.5% increase year-on-year, but also saw losses increase from HKD 20.28 billion to HKD 48.4 billion, a 138% rise [12][14]. Group 3: Future Business Direction - Despite the termination of gaming operations, Emperor Entertainment Hotel will continue its hotel business, including properties like the Emperor Scenic Hotel in Hong Kong [8]. - The company aims to maintain stable income from hotel and rental apartment operations for the fiscal years ending March 31, 2024, and 2025 [8].

Core Points - The company, Haosai, has been fined over 28 million yuan due to a bribery case involving its founder, Dai Baolin, who received a three-year prison sentence with a four-year suspension [2][4] - Haosai has acknowledged the situation and committed to enhancing internal controls and improving information disclosure quality [4] - The company has faced significant financial challenges, with a continuous decline in revenue and net profit since its IPO in 2019 [5][6] Legal Issues - Haosai was found guilty of corporate bribery, resulting in a fine of 7 million yuan for the company and 3 million yuan for Dai Baolin [2] - The case was initiated by the Wuhan New District Supervisory Committee, which began an investigation into Dai Baolin in December 2024 [4] Management Changes - Dai Baolin resigned from his positions as chairman and CEO due to reaching retirement age, and his son, Dai Congqi, has taken over as the new chairman [5] - Dai Baolin's annual salary for 2024 was reported to be 1.2052 million yuan [5] Financial Performance - Haosai's revenue for the first three quarters of 2025 was approximately 265 million yuan, representing a nearly 30% decline year-on-year [6] - The company has reported net losses for four consecutive years from 2021 to 2024, with losses of 9.511 million yuan, 169 million yuan, 46.2 million yuan, and 109 million yuan respectively [5][6] - Despite poor financial performance, Haosai's stock price has increased significantly, with a rise of over 24% in October and over 47% year-to-date [7]

Core Points - Haosai (002963.SZ) was fined 7 million yuan for corporate bribery and had illegal gains of approximately 21.52 million yuan confiscated [1][3] - The founder, Dai Baolin, was sentenced to three years in prison, suspended for four years, and fined 3 million yuan [3][5] - The company has expressed apologies and plans to enhance internal controls and improve information disclosure quality [5] Legal Proceedings - The case was adjudicated by the New District People's Court in Wuhan, which concluded the trial recently [3] - The investigation into Dai Baolin began on December 12, 2024, leading to his arrest on June 19, 2025 [5][6] Company Performance - Haosai has faced significant financial challenges since its IPO in 2019, with a sharp decline in revenue and net profit [8] - The company reported a revenue of 265 million yuan for the first three quarters of this year, a nearly 30% decrease year-on-year, and a net loss of approximately 26.31 million yuan [9] - From 2021 to 2024, Haosai recorded four consecutive years of losses in net profit, with figures of -9.51 million yuan, -169 million yuan, -46.2 million yuan, and -109 million yuan respectively [8][9] Leadership Changes - Dai Baolin resigned from his positions as chairman and general manager due to reaching retirement age, with his son, Dai Congqi, taking over as the new chairman [6][8] Stock Performance - Despite the poor financial performance, Haosai's stock price has shown strong growth, increasing over 24% in October and more than 47% year-to-date [10]

Core Viewpoint - Haosai has been fined 7 million yuan for corporate bribery, and its former chairman has received a three-year prison sentence along with a fine of 3 million yuan, marking the conclusion of a judicial investigation that began in late 2024 [2][4]. Legal and Financial Implications - The fine of 7 million yuan represents 3.90% of Haosai's most recent audited net profit attributable to shareholders, while the total amount of fines and confiscated illegal gains is 28.5161 million yuan, accounting for 15.90% of the same net profit [4]. - Haosai has stated that it will process the financial implications of the judgment according to relevant accounting standards, with the specific impact on current or future profits to be determined by audit opinions [4]. Compliance and Governance - Haosai has emphasized that the judgment does not trigger any major illegal delisting scenarios as per the Shenzhen Stock Exchange's regulations [5]. - The company has expressed sincere apologies to investors regarding the lawsuit and has committed to strengthening internal controls, improving operational standards, and enhancing the quality of information disclosure [5]. Background of the Case - The case against Haosai and its former chairman, Dai Baolin, began with an investigation by the Wuhan New District Supervisory Committee in December 2024, leading to his detention and subsequent arrest in June 2025 [7]. - Haosai faced regulatory penalties for failing to disclose significant events in a timely manner, which included receiving a warning from the Beijing Securities Regulatory Bureau and a regulatory letter from the Shenzhen Stock Exchange [8][6]. Changes in Management - In June 2025, Dai Baolin resigned from his positions as chairman and general manager due to reaching retirement age, shortly before his arrest [10]. - Following his resignation, control of the company shifted to Dai Congqi, who signed a voting rights delegation agreement with Dai Baolin, leading to a change in the actual controller of the company [11]. Company Performance - Haosai, once a leading company in the lighting engineering industry, has seen a decline in performance since 2020, with a reported revenue of 265 million yuan in the first three quarters of 2025, a year-on-year decrease of 29.79%, and a net loss attributable to shareholders of 26.3138 million yuan [12].

Core Points - The company Haosai has been prosecuted for alleged unit bribery involving its former chairman and general manager, Dai Baolin [3][4] - The court has sentenced Haosai to a fine of 7 million RMB and Dai Baolin to three years in prison with a four-year probation, along with a fine of 3 million RMB [4] - The company has acknowledged the situation and committed to enhancing internal controls and improving information disclosure quality [6] Legal Proceedings - On December 12, 2024, the Wuhan New District Supervisory Committee initiated an investigation into Dai Baolin for suspected illegal activities [3] - Dai Baolin was detained on December 12, 2024, and was arrested on June 19, 2025 [3] - The case has concluded with the court's decision, and the company is required to pay a fine [4] Financial Impact - Haosai reported a revenue of 265 million RMB in the first three quarters of the year, reflecting a nearly 30% year-on-year decline [6] - The company incurred a net loss of approximately 26.31 million RMB during the same period [6] - As of November 5, the market capitalization of Haosai is approximately 2.5 billion RMB [6] Asset Recovery - The Wuhan New District Supervisory Committee has recovered approximately 21.52 million RMB of illegal gains from Haosai, which will be remitted to the national treasury [5]