南順(香港)有限公司 ( 於香港註冊成立之有限公司 ) (股份代號：411) 董事會薪酬委員會 之 職權範圍 於二零零五年一月十九日，南順(香港)有限公司（「本公司」）之董事會決 議成立董事會薪酬委員會，由二零零五年七月一日起生效。以下載述委員會 之職權範圍（「職權範圍」）。 1. 委員會名稱 本公司須成立董事會（「董事會」）之董事會薪酬委員會，並名為董 事會薪酬委員會（「委員會」）。 2. 委任委員會成員 此乃英文版本之中文翻譯，中英文版本如有歧義或不一致，概以英文版本為準。 於二零二五年九月十六日起生效之修訂版 1 2.1 委員會須包括董事會可能釐定之本公司董事人數，惟委員會須 由本公司之獨立非執行董事擔任主席，以及委員會之過半數成 員應為本公司之獨立非執行董事。 2.2 除非董事會另行釐定外，否則最少人數為三人。 2.3 倘若某成員辭任，不再擔任董事或基於任何其他原因而不再是 委員會成員，導致成員人數減至少於最少人數之規定，則董事 會須在切實可行情況下盡快，以及在任何情況下在發生該事件 之三個月內，委任新成員，以達致最少人數之規定。 2.4 成員須從委員會成員中選出一名主席，而該主席為獨立非執行 董事。 ...

董事會審核及風險管理委員會 之 職權範圍 1. 組成 南順（香港）有限公司（「本公司」，連同其附屬公司統稱「本集團」） 之董事會（「董事會」）規定本集團於經營業務時依據可接受之操守標 準，並遵守所有適用法律、規例，以及董事會之政策及指令。為了達致 該等目標，必須維持令人滿意且運作正常之風險管理及內部監控系統， 並保持足夠之監控。 於一九九八年十二月二十九日，董事會決議成立董事會審核委員會（「委 員會」），以及採納委員會之職權範圍（「職權範圍」）。於二零一六 年二月十七日，董事會決議重新命名委員會為董事會審核及風險管理 委員會。 2. 組織及成員 此乃英文版本之中文翻譯，中英文版本如有歧義或不一致，概以英文版本為準。 於二零二五年九月十六日起生效之修訂版 1 南順(香港)有限公司 (d) 董事會可隨時根據董事會釐定之條款及條件，解散委員會或重新 制定其組成或重新劃定其權力、權限或酌情權，或於解散後重新 成立委員會。 3. 會議及出席率 4. 權限 委員會獲董事會授權，以調查其職權範圍內之任何活動。其獲授權向任 何董事或股東或管理層尋求其所需之資料，彼等亦受命配合委員會提出 之任何要求。委員會獲董事會授權在其認為 ...

| 發行人所發行上市權證/可轉換債券的相關信息 | | | --- | --- | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 其他信息 | 不適用 | | 發行人董事 | | | 於本公佈日期，南順(香港)有限公司董事會包括下列成員： | | | 主席: | | | 郭令海先生 | | | 執行董事： | | | 林學瀚先生 - 行政總裁 | | | 非執行董事： | | | Christian K. NOTHHAFT（羅敬仁）先生 | | | 黃上哲博士 | | | 獨立非執行董事： | | | 黃嘉純先生，銀紫荊星章，太平紳士 | | | 何玉慧女士 | | | 張雯瑛女士 | | 第 1 頁 共 2 頁 v 1.1.1 EF001 EF001 免責聲明 | 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 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的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 南順(香港)有限 ...

[Annual Performance Summary](index=1&type=section&id=Annual%20Performance%20Summary) Summarizes the Group's annual financial performance, key metrics, profit growth, and dividend distributions [Financial Highlights](index=1&type=section&id=Financial%20Highlights) Presents key financial metrics for the year, indicating stable revenue, significant profit growth, and increased EPS and total dividends | Indicator | 2025 (HKD million) | 2024 (HKD million) | Increase (%) | | :--- | :--- | :--- | :--- | | Revenue | 4,829 | 4,838 | - | | Gross Profit | 1,119 | 1,013 | 10% | | Profit for the Year | 303 | 201 | 51% | | Basic Earnings Per Share (HKD) | 1.29 | 0.85 | 52% | | Total Dividends Per Share (HKD) | 0.48 | 0.40 | 20% | | Total Equity (End of Period) | 3,140 | 2,904 | 8% | [Financial Performance](index=1&type=section&id=Financial%20Performance) The Group maintained stable revenue in FY2025, with significant improvements in both gross and net profit margins, leading to a substantial 51% increase in profit for the year - Revenue was **HKD 4,829 million**, largely consistent with the previous year[4](index=4&type=chunk) - Gross profit margin increased by **2.3 percentage points to 23.2%**, primarily due to favorable raw material costs, optimized sales mix, and improved production efficiency[4](index=4&type=chunk) - Net profit margin increased by **2.2 percentage points to 6.3%**, with profit for the year growing by **51% to HKD 303 million**[4](index=4&type=chunk) [Dividend Policy and Distribution](index=2&type=section&id=Dividend%20Policy%20and%20Distribution) The Board recommends a final dividend of HKD 0.33 per share, bringing the total annual dividend to HKD 0.48 per share, a 20% increase from the previous year - A final dividend of **HKD 0.33 per share** (2024: HKD 0.27) is proposed, totaling approximately **HKD 80,307,000**[5](index=5&type=chunk) - Including the interim dividend of **HKD 0.15 per share** (2024: HKD 0.13), the total dividend for the year is **HKD 0.48 per share** (2024: HKD 0.40), amounting to approximately **HKD 116,810,000**[5](index=5&type=chunk) - The final dividend is expected to be paid on **December 4, 2025**[5](index=5&type=chunk) [Business Review](index=2&type=section&id=Business%20Review) This section reviews the Group's operational performance across its segments, detailing strategic responses to market conditions, segment-specific achievements, and future strategic priorities [Overall Business Overview](index=2&type=section&id=Overall%20Business%20Overview) Amidst a sluggish market and intense competition, the Group maintained sales and profit margins through selective price adjustments, flexible procurement, and prudent operational expense management, while investing in talent, digital, and R&D infrastructure for long-term growth - Faced a sluggish market, consumption downgrade, and intense market competition[6](index=6&type=chunk) - Implemented selective price adjustments, flexible procurement strategies, and prudent operational expense management to safeguard profit margins[6](index=6&type=chunk) - Actively promoted talent pool, digital, and R&D infrastructure development, and explored new product R&D[6](index=6&type=chunk) [Food Segment](index=2&type=section&id=Food%20Segment) The Food segment's revenue slightly decreased by 2%, but operating profit significantly grew by 55%, driven by premiumization in flour, substantial growth in specialty fats, and resilient performance of edible oils in the Hong Kong market - Food segment revenue was **HKD 3,946 million**, a slight decrease of **2%** from the previous year[7](index=7&type=chunk) - Operating profit significantly increased by **55% to HKD 293 million**[7](index=7&type=chunk) [Flour Business](index=2&type=section&id=Flour%20Business) The Flour business maintained resilience in a weak market by focusing on premium products and customized solutions, successfully launched highland barley premix, and reorganized its mainland China sales and technical teams to adapt to market changes - Flour business maintained resilience by focusing on premium products and customized solutions[7](index=7&type=chunk) - Collaborated with industry-leading enterprises to launch highland barley premix, gaining market favor[7](index=7&type=chunk) - Reorganized mainland China sales and technical teams to enhance responsiveness to customer needs[7](index=7&type=chunk) [Specialty Fats Business](index=2&type=section&id=Specialty%20Fats%20Business) The Specialty Fats business showed strong momentum with significant growth in both sales and profit margins, leveraging synergies with the flour distribution platform to offer combined and customized solutions, further solidifying its market position - Specialty fats business achieved **significant growth in both sales and profit margins**, becoming a key growth driver[7](index=7&type=chunk) - Leveraged synergies with the flour distribution and technical platform to offer combined and customized solutions[7](index=7&type=chunk) [Edible Oils Business](index=3&type=section&id=Edible%20Oils%20Business) The Edible Oils business gained financial flexibility from reduced input cost pressure, adopted flexible pricing and expanded e-commerce/O2O channels in mainland China to boost sales, and achieved sales and market share growth in Hong Kong, demonstrating the resilience of the Knife brand - Reduced input cost pressure enhanced financial flexibility[8](index=8&type=chunk) - Adopted flexible pricing strategies and utilized e-commerce and O2O platforms to boost sales in mainland China[8](index=8&type=chunk) - Achieved sales and market share growth in the Hong Kong market, demonstrating the resilience of the Knife brand[8](index=8&type=chunk) [Home Care Segment](index=3&type=section&id=Home%20Care%20Segment) The Home Care segment saw a 9% revenue increase and 5% operating profit growth, enhancing profitability through supply chain optimization and streamlined marketing investments, while focusing on strategic non-core product innovation and mainland China market expansion, with a new Guangzhou factory project underway - Home Care segment revenue increased by **9% to HKD 883 million**, with operating profit increasing by **5% to HKD 88 million**[9](index=9&type=chunk) - Enhanced profitability through supply chain optimization and streamlined marketing investments[9](index=9&type=chunk) - Focused on non-core but strategically significant product innovation and expansion into the mainland China market[9](index=9&type=chunk) - A new factory project in Conghua District, Guangzhou, is underway, which will improve production efficiency, expand capacity, and fulfill ESG commitments[9](index=9&type=chunk) [Outlook](index=3&type=section&id=Outlook) The Group's future strategic focus is clear, emphasizing continuous product innovation, digital transformation, enhanced procurement and supply chain management, and leadership talent development to reduce commodity elements, strengthen competitiveness, and achieve sustainable long-term growth - Strategic focus includes driving product innovation, maintaining digital transformation momentum, strengthening procurement and supply chain practices, and continuously developing leadership capabilities and talent[10](index=10&type=chunk) - Aims to reduce the commodity elements of the business, enhance competitiveness, and foster sustainable long-term growth[10](index=10&type=chunk) [Financial Review](index=4&type=section&id=Financial%20Review) This section examines the Group's financial health, including liquidity, risk management strategies, capital allocation, and human capital management [Liquidity and Financial Resources](index=4&type=section&id=Liquidity%20and%20Financial%20Resources) As of June 30, 2025, the Group's cash balance increased to HKD 1,916 million, undrawn banking facilities remained stable, and management considers liquidity and financial position robust enough to meet daily operations and capital expenditures - Cash balance increased to **HKD 1,916 million** (2024: HKD 1,706 million)[11](index=11&type=chunk) - Undrawn banking facilities were **HKD 589 million** (2024: HKD 585 million)[11](index=11&type=chunk) - Inventory turnover days were **81 days** (2024: 67 days), and trade receivables turnover days were **24 days** (2024: 24 days)[11](index=11&type=chunk) [Foreign Exchange Risk Management](index=4&type=section&id=Foreign%20Exchange%20Risk%20Management) Operating in mainland China, Hong Kong, and Macau, the Group faces currency risks from foreign currency-denominated receivables, payables, and cash balances, managing these risks by monitoring exchange rate trends and cash flow requirements - Operations span mainland China, Hong Kong, and Macau, with local costs and revenues primarily denominated in RMB, HKD, and MOP[12](index=12&type=chunk) - Currency risk primarily arises from foreign currency-denominated receivables, payables, and cash balances[12](index=12&type=chunk) - Foreign exchange risk is managed by monitoring foreign currency exchange rate trends and cash flow requirements[12](index=12&type=chunk) [Capital Expenditure](index=4&type=section&id=Capital%20Expenditure) For the year ended June 30, 2025, the Group's capital expenditure on plant and equipment and other fixed assets increased to HKD 59 million - Capital expenditure was **HKD 59 million** (2024: HKD 40 million), primarily for the purchase of plant and equipment and other fixed assets[13](index=13&type=chunk) [Human Resources](index=4&type=section&id=Human%20Resources) As of June 30, 2025, the Group had 1,478 employees, with a remuneration policy including annual salary increments and year-end performance bonuses, alongside an equity scheme to retain and incentivize talent - Employee headcount was **1,478**[14](index=14&type=chunk) - Remuneration policy includes annual salary increments and year-end performance bonus mechanisms[14](index=14&type=chunk) - An equity scheme is in place to grant share options and/or free shares

格隆汇9月3日丨南顺(香港)(00411.HK)宣布，董事会会议将于2025年9月16日(星期二)举行，以考虑及批 准(其中包括)公司及其附属公司截至2025年6月30日止年度的末期业绩及建议宣派末期股息(如有)。 ...

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，概不對因本公佈全部或任何部份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。 南 順 ( 香 港 ) 有限公司 (於香港註冊成立之有限公司) (股份代號：411) 董事會會議日期 南順（香港）有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，董事會會議將於二 零二五年九月十六日（星期二）舉行，以考慮及批准（其中包括）本公司及其附屬公司截至二 零二五年六月三十日止年度之末期業績及建議宣派末期股息（如有）。 獨立非執行董事： 郭令海先生 黃嘉純先生， 銀紫荊星章，太平紳士 何玉慧女士 張雯瑛女士 執行董事： 林學瀚先生 - 行政總裁 非執行董事： Christian K. NOTHHAFT（羅敬仁）先生 黃上哲博士 公司秘書 盧詩曼 香港，二零二五年九月三日 於本公佈日期，本公司董事會包括下列成員： 主席： 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: | 2025年8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: | 南順(香港)有限公司 | | | 呈交日期: | 2025年9月1日 | | | I. 法定/註冊股本變動 不適用 | | | 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) | 00411 | 說明 | | | | | | | | | | 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 | | | | 243,354,165 | | 0 | | 243,354,165 | | 增加 / 減少 (-) ...

南顺(香港)(00411)发布公告，林晓岚女士于2025年8月12日起辞任公司秘书及再担任根据香港合交所有 限公司证券上市规则第3.05条所规定的公司的授权代表。 随着林女士辞任，卢诗曼女士已获委任为公司秘书及根据上市规则第3.05条的授权代表，于2025年8月 12日起生效。 ...

Group 1 - The company announced that Ms. Lin Xiaolan will resign as the company secretary and will no longer serve as the authorized representative under the Hong Kong Stock Exchange Listing Rules effective from August 12, 2025 [1] - Ms. Lu Shiman has been appointed as the new company secretary and authorized representative under the Listing Rules, effective from August 12, 2025 [1]

格隆汇8月12日丨南顺(香港)(00411.HK)公告，林晓岚于2025年8月12日起辞任公司秘书及不再担任根据 香港联合交易所有限公司证券上市规则第3.05条所规定公司授权代表。卢诗曼获委任为公司公司秘书及 根据上市规则第3.05条授权代表，于2025年8月12日起生效。 ...