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 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年12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: 保德國際發展企業有限公司 呈交日期: 2025年12月31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) | 00372 | 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 | | | 10,280,000,000 | HKD | | 0.1 | HKD | | 1,028,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,280,000,000 | HKD | | 0.1 ...

Dear Non-registered Shareholder(s) (Note 1) , 15 December 2025 The following document(s) of PT International Development Corporation Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.ptcorp.com.hk and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- PT International Development Corporation Limited 保德國際發展企業有限公司* (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） （Stock Code 股份代號：372） ...

PT International Development Corporation Limited 保德國際發展企業有限公司* (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） （Stock Code 股份代號：372） NOTIFICATION LETTER 通 知 信 函 Dear Registered Shareholder(s), 15 December 2025 The following document(s) of PT International Development Corporation Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.ptcorp.com.hk and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively ...

Financial Performance - Revenue from customer contracts for the six months ended September 30, 2025, was HK$62,018,000, a decrease of 18.4% compared to HK$76,034,000 in the same period of 2024[9] - Gross profit for the same period increased to HK$13,647,000, up 217.5% from HK$4,293,000 year-on-year[9] - The net loss before tax for the six months was HK$30,827,000, an improvement from a loss of HK$47,040,000 in the previous year, representing a 34.6% reduction[9] - The total comprehensive loss for the period was HK$29,210,000, compared to HK$33,436,000 in the same period last year, indicating a 12.8% improvement[10] - Basic and diluted loss per share from continuing and discontinued operations was HK$8.86, compared to HK$13.58 in the previous year, reflecting a 34.5% improvement[10] - The company reported a net loss of HKD 30,827,000 for the six months ended September 30, 2025, compared to a net loss of HKD 47,040,000 for the same period in 2024, representing a 34.5% improvement in losses year-over-year[15] - The company’s total comprehensive expenses for the six months ended September 30, 2025, amounted to HKD 29,210,000, compared to HKD 33,436,000 for the same period in 2024[13] - The segment performance showed a total loss of HKD 13,737,000 for the six months ended September 30, 2025, compared to a loss of HKD 48,278,000 for the same period in 2024, indicating an improvement of approximately 71.5%[34] - The pre-tax loss from continuing operations for the six months ended September 30, 2025, was HKD 30,827,000, compared to a loss of HKD 47,040,000 in the previous year, reflecting a reduction of about 34.5%[35] - The company reported a loss attributable to shareholders of HKD 26,818,000, a decrease from a loss of HKD 41,130,000 in the previous year, with a basic loss per share of HKD 0.0886 compared to HKD 0.1358 last year[84] Assets and Liabilities - Non-current assets as of September 30, 2025, totaled HK$438,960,000, a slight increase from HK$434,036,000 as of March 31, 2025[12] - Current assets decreased to HK$199,405,000 from HK$220,679,000, indicating a decline of 9.6%[12] - Current liabilities increased to HK$582,474,000 from HK$572,155,000, reflecting a rise of 1.8%[12] - The net asset value decreased to HK$51,761,000 from HK$80,971,000, a decline of 36.0%[12] - As of September 30, 2025, the company had total current liabilities of HKD 383,069,000, which includes HKD 112,770,000 in bank loans and HKD 263,818,000 in lease liabilities due to legal claims[18] - The company’s total equity attributable to owners decreased to HKD 146,329,000 as of September 30, 2025, down from HKD 173,208,000 as of April 1, 2025[13] - The company’s cash flow from operating activities showed a net cash outflow of HKD 30,827,000 for the six months ended September 30, 2025[15] - Total assets as of September 30, 2025, were HKD 638,365,000, a decrease of 2.5% from HKD 654,715,000 on March 31, 2025[96] - Current assets and current liabilities were HKD 199,405,000 and HKD 582,474,000 respectively, resulting in a current ratio of approximately 0.34[98] - The debt-to-equity ratio increased to 63.5% from 44.9%, reflecting a rise in bank borrowings to HKD 120,770,000 from HKD 111,354,000[99] Revenue Breakdown - Total revenue from continuing operations for the six months ended September 30, 2025, was HKD 62,018,000, a decrease of 18.4% compared to HKD 76,034,000 for the same period in 2024[27] - Trade revenue significantly dropped to HKD 11,133,000 from HKD 46,549,000, representing a decline of 76.1% year-over-year[28] - Revenue from port and port-related services was HKD 23,258,000, slightly down from HKD 24,724,000, a decrease of 5.9%[27] - Equity and insurance brokerage income surged to HKD 27,627,000 from HKD 4,761,000, marking an increase of 480.5%[27] - The geographical breakdown of revenue shows HKD 34,391,000 from China (excluding Hong Kong), down from HKD 71,273,000, a decrease of 51.7%[28] - The revenue recognition for the six months ended September 30, 2025, included HKD 38,760,000 recognized at a point in time and HKD 23,258,000 recognized over time[28] Legal and Compliance Issues - The company is involved in significant litigation related to a sale and leaseback arrangement, with a claim for damages totaling approximately HKD 57,623,000[73] - The company is involved in a legal dispute regarding three oil tank sale and leaseback contracts, with claims for damages totaling RMB 58,465,000, RMB 58,850,000, and RMB 58,850,000, respectively, plus late payment penalties[74] - A civil lawsuit has been filed against the company for a loan dispute, with a principal amount claimed of RMB 110,658,000 and late payment penalties amounting to RMB 31,373,000 as of September 30, 2024[75] - The company believes it is unlikely to bear legal responsibility for the loan principal and related penalties due to the nature of the agreements[76] - The company is appealing a court ruling related to the oil tank lease dispute, which requires payment of remaining lease amounts totaling RMB 52,800,000 for each of the three leases[74] - The company has submitted a mediation proposal as requested by the court in the oil tank lease dispute[74] - The company’s board believes it is unlikely to incur legal liabilities related to the construction costs and arbitration fees claimed by the construction company[78] Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and the CEO[129][132] - Mr. Cheng has held both the Chairman and CEO positions since September 30, 2017, which the board believes enhances efficiency in business planning and implementation[132] - The company continues to comply with the applicable corporate governance code provisions[136] - The audit committee has reviewed the company's unaudited interim results for the six months ended September 30, 2025[141] - The company has adopted the standard code for securities transactions by directors and confirmed compliance during the reporting period[139] Future Plans and Strategies - The company plans to enhance its existing business segments by expanding product ranges and seeking new business opportunities amid a volatile global economic environment[109] - The oil and petrochemical division is facing profit volatility due to external factors such as overcapacity and geopolitical tensions, with management closely monitoring global economic conditions[110] - The company aims to maximize the utilization of oil storage tanks by seeking funding opportunities for new berth construction[109] - The investment banking business in Mauritius has seen increased revenue contributions, with plans for further expansion in this area[110] - The group plans to sell underperforming assets and businesses as necessary, following the recent sale of its insurance brokerage subsidiary, Baode Insurance Brokerage Co., Ltd.[111] - A strategic partnership with the National Pipeline Group is expected to officially launch later this year or early next year, with the group's terminal becoming the only seaport entry point for the National Pipeline in Guangxi Province[111] - The partnership is anticipated to significantly increase the business volume of the group's terminal and storage facilities by greatly reducing transportation costs for customers and partners[111] Shareholder Information - The company does not recommend the payment of an interim dividend for the current period[127] - The company has outstanding debts totaling approximately RMB 100 million to Lianwei (Shanghai) Financial Leasing Co., Ltd., RMB 33 million to China Communications Construction Company, and RMB 100 million to Guilin Bank[125] - The company has an existing share option plan effective for ten years, allowing for the issuance of up to 20,182,828 shares, representing 6.67% of the company's issued share capital[118] - The share option plan aims to incentivize qualified individuals contributing to the group's growth and development[119] - The maximum number of shares that may be issued upon the exercise of all unexercised options under the share option plan shall not exceed 30% of the company's issued share capital[119] Management and Compensation - Management compensation for the six months ended September 30, 2025, totaled HKD 5,392,000, a slight increase from HKD 5,292,000 in the previous year[65] - The company has maintained its accounting policies without any objections from the audit committee[141]

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11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: 保德國際發展企業有限公司 呈交日期: 2025年12月1日 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00372 | 說明 | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 302,742,424 | | 0 | | 302,742,424 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 302,742,424 | | 0 | | 302,742,424 | 第 2 頁 共 10 頁 v 1 ...

保德国际发展(00372)发布公告，杨剑庭先生不再担任执行董事，自2025年11月30日起生效。 ...

Core Viewpoint - The announcement indicates that Mr. Yang Jianting will no longer serve as an executive director of Baode International Development, effective from November 30, 2025 [1] Company Summary - Baode International Development (00372) has officially announced the departure of Mr. Yang Jianting from his role as executive director [1]

Core Viewpoint - Baode International Development (00372.HK) announced that Yang Jianting will no longer serve as an executive director, effective from November 30, 2025 [1] Company Summary - The announcement regarding the change in executive leadership indicates a significant shift in the company's management structure [1]

董事名單與其角色和職能 保 德 國 際 發 展 企 業 有 限 公 司 董 事 會（「董事會」）由 二 零 二 五 年 十 一 月 三 十 日 起 生 效之成員載列如下： 執行董事 （於百慕達註冊成立之有限公司） （股份代號：372） 獨立非執行董事 任廣鎮先生 黃以信先生 林易彤先生 董事會設立四個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 審 | 核 | 薪 | 酬 | 提 | 名 | 企業管治 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 董 事 | 委員會 | | 委員會 | | 委員會 | | 委員會 | | | 程民駿 | 不適用 | | 不適用 | | 不適用 | | 主 | 席 | | 黄敏明 | 不適用 | | 不適用 | | 成 | 員 | 不適用 | | | 任廣鎮 | 成 | 員 | 成 | 員 | 主 | 席 | 成 | 員 | | 黃以信 | 主 | 席 | 成 | 員 | 成 | 員 | 成 | 員 | | 林易彤 | 成 | 員 | 主 | 席 | 成 | 員 | 成 | 員 | ...

執行董事辭任 由於楊先生有意將更多時間投放於追求個人發展，因此已辭任本公司執行董事， 自二零二五年十一月三十日起生效。楊先生已確認，就其辭任而言：(i)概無向本 公司提出申索；(ii)與董事會概無意見分歧；及(iii)概無事宜須提請香港聯合交易 所有限公司或本公司股東垂注。 （於百慕達註冊成立之有限公司） （股份代號：372） 執行董事辭任 保 德 國 際 發 展 企 業 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈， 楊 劍 庭 先 生（「楊先生」）不 再 擔 任 執 行 董 事，自 二 零 二 五 年 十 一 月 三 十 日 起 生 效。 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 或任何部分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。 董事會謹藉此機會對楊先生於任期內為本公司作出的寶貴貢獻表示感謝。 承董事會命 保德國際發展企業有限公司 主席兼董事總經理 於 本 公 佈 日 期，董 事 會 成 員 包 括 兩 名 執 行 董 事 程 民 駿 先 生（主 席 兼 ...