SANVO Fine Chemicals Group Limited 三和精化集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：301） 董事名單及其角色和職能 三和精化集團有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 陳炳强 （董事會主席兼行政總裁） 吳卓倫 非執行董事 王筱蓉 獨立非執行董事 賴錫璋 許凱 楊振宇 董事會下設三個董事委員會。下表載列有關各董事會成員任職的委員會之成員資料： | | | 董事委員會 | | | | --- | --- | --- | --- | --- | | | | | | 環境、社會及 | | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | 管治委員會 | | 陳炳强 | — | M | — | C | | 吳卓倫 | — | — | — | M | | 王筱蓉 | — | — | M | — | | 賴錫璋 | M | C | M | M | | 許凱 | M | M | C | M | | 楊振宇 | C | M | M | M | 附註： C 有關董事委員會之主席 M 有關董事委員會之成員 香港，2026年3月27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告的內容概不負責，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。 三和精化集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：301） (I)公司秘書及授權代表之變動 (II)董事委員會成員變動 公司秘書及授權代表之變動 三和精化集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董事 會」）謹此宣布，吳卓倫先生（「吳先生」）因其個人業務安排已辭任本公司公司秘書（「公司秘 書」）（「辭任」），自2026年3月27日起生效。辭任後，吳先生將繼續擔任本公司之執行董 事、香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第3.05條規定下之本 公司授權代表（「授權代表」）及其他董事會委員會成員。陳炳强先生（「陳先生」）停止擔任授權 代表（「終止職務」），自2026年3月27日起生效。於終止職務後，陳先生仍將繼續擔任董事 會主席、本公司行政總裁、執行董事及其他董事會委員會成員。 吳先生及陳先生已確認，彼等與董事會並無意見分歧，亦無 ...

Financial Performance - For the year ended December 31, 2025, the company's revenue was RMB 1,062,175,000, a slight decrease of 0.1% from RMB 1,063,244,000 in 2024[14] - The gross profit for 2025 was RMB 348,583,000, with a gross profit margin of 32.8%, an increase from 29.6% in 2024[14] - The company reported a loss before income tax of RMB 29,445,000 for 2025, compared to a loss of RMB 15,402,000 in 2024[14] - For FY2025, the Group recorded a loss attributable to owners of approximately RMB30,693,000, an increase of approximately 54.0% compared to the loss of RMB19,925,000 in FY2024[33] - The total revenue for FY2025 was approximately RMB1,062,175,000, representing a slight decrease of approximately 0.1% from RMB1,063,244,000 in FY2024[39] - The Group's gross profit for FY2025 was approximately RMB348,583,000, reflecting an increase of approximately 10.9% from RMB314,440,000 in FY2024, with the gross profit margin rising from 29.6% to 32.8%[40] Assets and Liabilities - Total assets as of December 31, 2025, were RMB 922,422,000, an increase from RMB 875,454,000 in 2024[14] - Total liabilities increased to RMB 733,797,000 in 2025 from RMB 661,173,000 in 2024[14] - The Group recorded net current liabilities of approximately RMB 405,011,000 as of December 31, 2025, compared to RMB 317,507,000 in 2024, with a current ratio of approximately 0.44[58] - The gearing ratio as of December 31, 2025, was approximately 1.35, up from 1.20 in 2024, indicating increased leverage[63] Operational Challenges - The company faced challenges in foreign trade operations due to international geopolitical factors, impacting cash flow and leading to bad debts[17] - The Group's OEM export orders decreased by approximately 12.4%, from approximately RMB37,286,000 in FY2024 to approximately RMB32,675,000 in FY2025[34] - The Group faces risks related to raw material price fluctuations, which could adversely affect gross margins if not reflected in product pricing[73] - Competition in the industry is expected to intensify, potentially impacting market share and financial performance[74] Marketing and Strategic Initiatives - The company has increased investment in marketing, including live-streaming studios and advertising on e-commerce platforms, to enhance brand awareness[16] - Despite the loss, the company is confident that its strategic promotional initiatives will yield significant advantages in the coming years[18] - The company has strengthened its distributor network to enhance market competitiveness and profitability[16] - The Group plans to continue developing its domestic sales network and expanding its market presence in Central China through the New Materials Group[38] Management and Governance - The management team is focused on business development and expanding market presence through innovative products and strategic partnerships[91] - The company emphasizes environmental, social, and governance (ESG) initiatives, with dedicated committees to oversee these areas[93] - The board includes members with diverse backgrounds in management, finance, and technology, enhancing the company's strategic capabilities[100] - The management team has extensive experience across various departments, indicating a well-rounded leadership structure[131][133][135][139][141][145] Financial Management - Employee benefit expenses for FY2025 totaled approximately RMB168,252,000, a decrease from RMB170,479,000 in FY2024[29] - Selling and distribution expenses increased from approximately RMB 169,197,000 in FY2024 to approximately RMB 234,418,000 in FY2025, driven by higher advertising and promotion activities[45] - Administrative expenses decreased from approximately RMB 148,937,000 in FY2024 to approximately RMB 135,470,000 in FY2025, mainly due to a reduction in staff costs[46] - Finance costs decreased from approximately RMB 7,284,000 in FY2024 to approximately RMB 4,703,000 in FY2025, attributed to increased interest capitalized into property and a decrease in overall interest rates[47] - Income tax expense decreased from approximately RMB 4,566,000 in FY2024 to approximately RMB 1,248,000 in FY2025 due to a decrease in taxable profit[48] Customer and Supplier Relationships - The Group's largest customer accounted for approximately 5.8% of total turnover for FY2025, up from 4.6% in FY2024[167] - The five largest customers represented 12.4% of total turnover for FY2025, compared to 12.2% in FY2024[167] - The Group's largest supplier accounted for approximately 5.2% of total purchases for FY2025, down from 5.7% in FY2024[169] - The five largest suppliers represented 18.8% of total purchases for FY2025, compared to 21.9% in FY2024[169] - The Group maintains long-term relationships with major customers and suppliers, averaging over eight and eleven years, respectively[167][169] Environmental and Compliance - The Group's business review for FY2025 indicates a commitment to sustainable and environmentally friendly practices, aiming to minimize environmental impact[159] - There was no material breach of applicable laws and regulations during FY2025, demonstrating compliance in significant aspects of the Group's operations[160] - The Group's environmental policies and performance are detailed in the Environmental, Social and Governance Report, highlighting corporate social responsibility efforts[164]

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。 SANVO Fine Chemicals Group Limited 三和精化集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：301） — 1 — 本公告所載資料僅根據對未經審計之管理賬目及現時可取得的本年度財務資料進行的初 步評估。該等資料未經本公司審計師審核或本公司審計委員會審閱。敬請股東及潛在投 資者細閱計劃於2026年3月底刊發的本公司於本年度之年度業績公告。 盈利預警 本公告由三和精化集團有限公司（「本公司」，連同其附屬公司統稱為「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條及香港法例第571章《證券及期貨條例》 第XIVA部出具。 本公司董事（「董事」）會（「董事會」）謹此通報本公司股東及潛在投資者，根據其對現時可 取得的本集團截至2025年12月31日止年度（「本年度」）的未經審計之綜合管理賬目之初步 審閱，預期錄得本公司擁有人應佔虧損約人民幣31,00 ...

（股份代號：301） 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。 SANVO Fine Chemicals Group Limited 三和精化集團有限公司 （於開曼群島註冊成立之有限公司） 三和精化集團有限公司 主席、行政總裁及執行董事 陳炳强先生 香港，2026年3月17日 於本公告日期，執行董事為陳炳强先生及吳卓倫先生；非執行董事為王筱蓉女士；及獨立非 執行董事為賴錫璋工程師、許凱先生及楊振宇先生。 董事會會議日期 三和精化集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，董事會會議將於 2026年3月27日（星期五）舉行，藉以（其中包括）審議及批准刊發本公司及其附屬公司截至 2025年12月31日止年度之全年業績，以及考慮派發末期股息（如有）。 承董事會命 ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 三和精化集團有限公司 呈交日期: 2026年3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) | 00301 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | 本月底法 ...

Core Viewpoint - ST Changfang (300301.SZ) has received the "High-tech Enterprise Certificate" from the Jiangxi Provincial Department of Science and Technology, Jiangxi Provincial Department of Finance, and the State Taxation Administration of Jiangxi Province, which allows the company to enjoy tax benefits for three years [1] Group 1 - The certificate number is GR202536001668, issued on December 2, 2025, and is valid for three years [1] - Upon receiving the high-tech enterprise recognition, Jiangxi Changfang Semiconductor Technology Co., Ltd. will benefit from tax incentives as per the Corporate Income Tax Law of the People's Republic of China [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 截至月份: 2026年1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: 三和精化集團有限公司 呈交日期: 2026年2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) | 00301 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | 本月底法定/註冊股本總額： HKD 15,0 ...

Core Insights - The "Guang Goods Go Global: Zhongshan Department Store Enters Shanghai" event achieved over 116 million yuan in sales within three days, highlighting the strong demand for Zhongshan products in Shanghai [1][9] - Popular products included small appliances, clothing, and local delicacies, with some items selling out quickly and requiring urgent restocking from distributors in the Yangtze River Delta [1][4] - The event showcased a blend of traditional and innovative products, reflecting the evolution of Zhongshan manufacturing and its appeal to consumers in a high-standard market like Shanghai [11][14] Sales Performance - The event generated a total sales figure exceeding 300,000 yuan, with online sales through live streaming accounting for over 116 million yuan [9][10] - The live streaming sales model proved effective, with a significant increase in traffic and sales due to the immersive experience created by the event [7][10] - The event's success indicates a strong purchasing power among Shanghai consumers, driven by quality products and effective service [9][10] Consumer Engagement - Many Shanghai residents expressed a preference for high-quality products, with "good quality" being a recurring theme in consumer feedback [4][10] - The event facilitated direct interactions between consumers and brands, enhancing customer loyalty and trust [9][10] - Unique offerings, such as edible chrysanthemums, attracted curiosity and engagement from attendees, showcasing the innovative aspects of Zhongshan products [4][6] Market Insights - The event served as a platform for Zhongshan's diverse industrial clusters, including high-tech, biomedicine, and home appliances, to connect with one of China's most vibrant consumer markets [14][16] - The collaboration between Zhongshan and Shanghai is expected to deepen, leveraging Shanghai's design and marketing strengths alongside Zhongshan's manufacturing capabilities [14][16] - The historical ties between Zhongshan and Shanghai were highlighted, emphasizing the emotional connection that can enhance future business collaborations [16]

Core Viewpoint - ST Changfang (300301.SZ) has received a High-tech Enterprise Certificate for its wholly-owned subsidiary Jiangxi Kangmingsheng Optoelectronics Technology Co., Ltd, which allows for tax benefits under national policies [1] Group 1: Company Announcement - The certificate was issued by the Jiangxi Provincial Department of Science and Technology, Jiangxi Provincial Department of Finance, and the State Taxation Administration Jiangxi Provincial Taxation Bureau [1] - The certificate number is GR202536000681, issued on October 29, 2025, and is valid for three years [1] Group 2: Tax Benefits - Jiangxi Kangmingsheng will enjoy a corporate income tax rate of 15% for three consecutive years following the recognition as a high-tech enterprise [1] - This tax rate is in accordance with the Corporate Income Tax Law of the People's Republic of China and related regulations [1]