Group 1 - The core viewpoint of the article highlights that Zhuangshi China (00298.HK) reported a significant increase in revenue and a reduction in losses for the six months ending September 30, 2025, with revenue growing approximately fourfold to HKD 101 million and losses attributable to equity holders decreasing to HKD 62.3 million [1] - The company’s net asset value per share is reported at HKD 1.22, with a loss per share of HKD 0.0265 [1] - The company maintains a cautious outlook on the global economic environment, while noting signs of stabilization and gradual recovery in the property market in China due to supportive government policies [1] Group 2 - In Hong Kong, the residential property market is showing signs of recovery with increasing transaction volumes, attributed to interest rate reductions during the review period [1] - The company is focused on optimizing its business operations and is actively seeking opportunities to increase cash reserves, aiming to maximize returns for shareholders [1]

Financial Performance - The group recorded revenue of HKD 101,072,000 for the six months ended September 30, 2025, compared to HKD 20,940,000 in the same period of 2024, representing a significant increase of 383%[4] - The cost of sales was HKD 81,574,000, resulting in a gross profit of HKD 19,498,000, compared to a gross profit of HKD 10,915,000 in 2024[4] - The group reported a net loss attributable to equity holders of HKD 62,300,000, a decrease from HKD 176,184,000 in the previous year[3] - The group recorded operating loss of HKD 48,362,000, a significant improvement from HKD 206,526,000 in the previous year[4] - The total comprehensive loss for the period was HKD 35,851,000, compared to HKD 104,673,000 in the previous year[5] - The company reported a significant increase in cash reserves, which may support future investments and operational stability[6] - The group recorded a loss before tax of HKD 68,418,000, with the largest losses coming from property development (HKD 54,487,000) and other business segments[22] - The company reported a net loss of HKD 68,280,000 for the period, with a notable loss in property development[22] - The group’s attributable loss to equity holders was HKD 62,300,000, a reduction of approximately 64.6% compared to HKD 176,200,000 in 2024[45] Financial Position - The net cash received from the transfer of debt rights amounted to approximately HKD 103,000,000, strengthening the group's financial position[3] - The group had total cash reserves of HKD 490,200,000, including bond and securities investments of HKD 22,700,000, with no bank borrowings as of the report date[3] - The net asset value per share was HKD 1.22, while the loss per share was HKD 0.0265[3] - As of September 30, 2025, total assets amounted to HKD 3,320,952,000, a decrease from HKD 3,406,041,000 as of March 31, 2025, representing a decline of approximately 2.5%[6] - Non-current assets were valued at HKD 1,599,227,000, down from HKD 1,723,753,000, indicating a decrease of about 7.2%[6] - Current assets totaled HKD 1,864,090,000, slightly down from HKD 1,893,938,000, reflecting a decrease of approximately 1.6%[6] - Cash and bank balances increased to HKD 467,477,000 from HKD 367,783,000, showing a growth of about 27.1%[6] - Total liabilities decreased to HKD 418,230,000 from HKD 356,637,000, an increase of approximately 17.3%[7] - Shareholders' equity stood at HKD 2,987,811,000, compared to HKD 2,964,315,000, indicating a growth of about 0.8%[7] - As of September 30, 2025, the company's net asset value attributable to equity holders reached HKD 2,872,800,000, down from HKD 2,905,600,000 on March 31, 2025[64] Cash Flow and Liquidity - The company recorded a net cash position of HKD 431,000,000 as of September 30, 2025, compared to HKD 263,500,000 on March 31, 2025[65] - The company's cash and bank balances as of September 30, 2025, amounted to HKD 467,500,000, an increase from HKD 367,800,000 on March 31, 2025[65] - Approximately 70.4% of the company's cash, bank balances, bonds, and securities investments are denominated in HKD and USD, while 28.0% are in RMB[66] - The company has no bank borrowings as of the report date, having fully repaid its bank loans after September 30, 2025[65] Investments and Assets - The company holds a 61.15% stake in Profit Stability Investments Limited, a subsidiary registered in the British Virgin Islands[9] - The company has obtained a total asset value of approximately RMB 918.9 million (equivalent to about HKD 1,003.2 million) for its cemetery assets as of September 30, 2025, with approximately 2,490 burial plots and 520 niches available for sale[60] - The company recorded a pre-tax net income of HKD 3 million from investments during the period, including realized gains of HKD 90.3 million from the sale of investments[62] - The company’s investment properties experienced a fair value loss of HKD 5,627,000 during the period[22] - The fair value gain on financial assets for 2025 was HKD 2,468,000, a significant improvement from a loss of HKD 775,000 in 2024[25] Operational Highlights - The main business activities include property development, investment, hotel management, and cemetery operations[8] - The company’s operating segments include property development, securities investment, and other businesses, with a focus on resource allocation based on performance[21] - The total property sales amount was approximately HKD 83,100,000, with rental and management fee income of about HKD 11,300,000[44] - Selling and promotional expenses increased by approximately 34.2% to about HKD 16,100,000, primarily due to sales commissions recorded during the review period[43] Risk Management - The group continues to face various financial risks, including credit risk, liquidity risk, cash flow and fair value interest rate risk, foreign exchange risk, and price risk[14] - There have been no significant changes in cash outflows related to financial liabilities compared to the fiscal year ending March 31, 2025[15] - The group believes that the carrying amounts of financial assets and liabilities in the interim financial data are similar to their fair values[18] - There were no significant changes in the economic or market conditions affecting the fair value of the group's financial assets and liabilities as of September 30, 2025[18] Corporate Governance - The company has adhered to the corporate governance code and established an audit committee to oversee financial reporting and risk management[71] - The group adopted new accounting standards effective from April 1, 2025, but does not expect any significant impact on its financial performance or position[12] - As of September 30, 2025, the group assessed that the adoption of revised accounting standards would not result in any major changes to its accounting policies or presentation of financial data[13] Employee and Community Engagement - As of September 30, 2025, the company employed 69 staff members and provided various employee benefits, including discretionary bonuses and medical insurance[69]

董事會會議日期 Chuang's China Investments Limited (莊士中國投資有限公司) (「本公司」) 董事會 (「董事會」) 謹此宣佈訂於 2025 年 11 月 26 日 (星期三) 在香港中環遮打道 18 號 歷山大廈 25 樓召開本公司之董事會會議，其中包括考慮及批准(i)本公司及其附屬公 司截至 2025 年 9 月 30 日止六個月之中期業績及其刊發及(ii)如屬適用，派發股息。 承董事會命 Chuang's China Investments Limited （莊士中國投資有限公司） 主席 莊家彬 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。 香港，2025 年 11 月 14 日 於本公佈日期，莊家彬先生、李美心小姐、莊家豐先生及莊家淦先生為本公司之執 行董事，黎慶超先生為本公司之非執行董事，而石禮謙先生、吳傑莊博士及 邱智明先生為本公司之獨立非執行董事。 ...

Group 1 - The core viewpoint of the article is that Zhuangshi China (00298.HK) expects a significant reduction in its interim losses for the six months ending September 30, 2025, with losses projected to be between approximately HKD 45 million and HKD 75 million, compared to a loss of about HKD 176 million in the same period last year [1][2] Group 2 - Zhuangshi China (00298.HK) has announced the expected narrowing of its interim losses to between HKD 45 million and HKD 75 million [1][2] - The company recorded a loss of approximately HKD 176 million in the same period last year, indicating a substantial improvement in financial performance [1]

Core Viewpoint - ZHONGSHI CHINA (00298) expects a significant reduction in losses for the six months ending September 30, 2025, with losses projected to be between HKD 45 million and HKD 75 million, compared to a loss of approximately HKD 176 million in the same period last year [1] Financial Performance - The anticipated reduction in losses is primarily attributed to a decrease in the fair value losses of the group's investment properties [1]

Core Viewpoint - The company expects a significant reduction in losses for the six months ending September 30, 2025, with estimated losses between HKD 45 million and HKD 75 million, compared to a loss of approximately HKD 176 million in the same period last year [1] Financial Performance - The anticipated reduction in losses is primarily attributed to a decrease in fair value losses on the group's investment properties [1]

Group 1 - The company expects a significant reduction in losses for the six months ending September 30, 2025, with losses attributable to equity holders estimated between approximately HKD 45 million and HKD 75 million, compared to a loss of about HKD 176 million in the same period last year [1]

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。 本公佈乃由本公司根據上巿規則第13.09 (2) (a)條及香港法例第571章證券及期貨 條例第XIVA部項下的內幕消息條文刊發。 董 事 會 謹 此 通 知 本 公 司 股 東 及 有 意 投 資 者 ， 本 集 團 預 期 截 至 2025 年 9 月 30 日 止 六個月虧損將大幅減少，錄得本公司權益持有人應佔虧損將介乎約45,000,000港 元至75,000,000港元，而去年同期則錄得虧損約176,000,000港元。 本公司股東及有意投資者於買賣本公司股份時，務請審慎行事。 本公佈乃由Chuang's China Investments Limited（ 莊士中國投資有限公司 ）（「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 巿 規則（「 ...

FF301 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: 2025年10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: Chuang's China Investments Limited (莊士中國投資有限公司) 呈交日期: 2025年11月4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) | 00298 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 18,000,000,000 | HKD | | 0.05 HKD | | 900,000,000 | | 增加 / 減少 (-) | | | | 0 | | HKD | | 0 | | 本月底結存 | | | 18,000,000,000 | HKD | | 0. ...

FF301 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: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Chuang's China Investments Limited (莊士中國投資有限公司) 呈交日期: 2025年10月8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) | 00298 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 18,000,000,000 | HKD | | 0.05 | HKD | | 900,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 18,000,000,0 ...