CHINA IN-TECH LIMITED 中國智能科技有限公司 SHARE OPTION SCHEME Adopted at the annual general meeting held on 22 August 2025 1 Table of Contents | | | Page | | --- | --- | --- | | 1. | DEFINITIONS | 3 | | 2. | CONDITIONS | 6 | | 3. | PURPOSE, DURATION AND COTNROL OF THIS SCHEME | 7 | | 4. | OPTIONS | 7 | | 5. | OPTIONS TO CONNECTED PERSONS | 11 | | 6. | EXERCISE PRICE | 12 | | 7. | EXERCISE OF OPTIONS | 12 | | 8. | LAPSE OF OPTION | 14 | | 9. | MAXIMUM NUMBER OF SHARES AVAILABLE FOR SUBSCRIPTION | 15 | | 10. | CAPITAL ...

中國智能科技有限公司 CHINA IN-TECH LIMITED (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 00464) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear Registered Shareholders, China In-Tech Limited (the "Company") Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07 of the Rules Governing The Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") under the expansion of paperless listing regime and electronic ...

目錄 | 1. | | 公 司 | 概 況 | | | | 2 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2 . | | 報 告 | 範 疇 | | | | 2 | | 3 . | | 管 治 | 架 構 | | | | 2 | | 4 . | | 報 告 | 原 則 | | | | 3 | | 5 . | | 持 份 | 者 參 | 與 | | | 4 | | 6 . | | 重 要 | 性 評 | 估 | | | 5 | | 7 . | | 企 業 | 管 治 | 報 | 告 | | 6 | | 8 . | | 環 境 | | | | | 6 | | | | 8 . 1 | 排 | 放 物 | | | 6 | | | | 8 . 2 | 資 | 源 使 | 用 | | 9 | | | | 8 . 3 | 環 | 境 及 | 天 然 | 資 源 | 1 1 | | | | 8 . 4 | 氣 | 候 變 | 化 | | 1 2 | | 9 . | | 社 會 | | | | | 1 3 | | | | 9 . 1 | 僱 | 傭 | | | ...

（於開曼群島註冊成立的有限公司） 中國智能科技有限公司 CHINA IN-TECH LIMITED （股份代號：00464） 代 表 委 任 表 格 或4股 東 週 年 大 會 主 席 作 為 本 人╱吾 等 的 受 委 代 表，代 表 本 人╱吾 等 出 席 股 東 週 年 大 會（及 其 任 何 續 會）代 表 本 人╱吾 等 以 本 人╱吾 等 的 名 義 根 據 下 列 指 示 就 載 於 股 東 週 年 大 會 通 告 上 的 決 議 案（不 論 有 否 作 出 修 訂）投 票。 | | 普 通 決 議 案 | 贊 成5 | 反 對5 | | --- | --- | --- | --- | | 1. | 省覽及採納截至2025年3月31日止年度的經審核綜合財務報表與本公司董事（「董事」） | | | | | 會 報 告 及 本 公 司 核 數 師（「核 數 師」）報 告。 | | | | 2. | (a) 重 選 蔡 冬 艷 女 士 為 執 行 董 事。 | | | | | (b) 重 選 胡 志 剛 先 生 為 獨 立 非 執 行 董 事。 | | | | 3. | 授 權 董 事 會（「董 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 通 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 就 因 本 通 告 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。 （於開曼群島註冊成立的有限公司） 中國智能科技有限公司 CHINA IN-TECH LIMITED 合 共 不 得 超 過 本 公 司 於 本 決 議 案 獲 通 過 當 日 已 發 行 股 份 總 數（不 包 括 任 何 庫 存 股 份）的20%，而 上 文5.(A)(a)及5.(A)(b)段 董 事 所 獲 批 准 亦 須 受 此 數 目 限 制； （股份代號：00464） 股 東 週 年 大 會 通 告 茲 通 告 中 國 智 能 科 技 有 限 公 司（「本 公 司」）謹 訂 於2025年8月22日（星 期 五）下 午3 時 正 假 座 香 港 中 環 擺 花 街1號 一 號 廣 場17樓1702室 舉 行 股 東 週 年 大 會（「股 東 週 年 大 會」），藉 以 處 理 下 ...

此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 任 何 方 面 或 應 採 取 的 行 動 有 任 何 疑 問，應 諮 詢 持 牌 證 券 交 易 商、 銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 售 出 或 轉 讓 名 下 所 有 中 國 智 能 科 技 有 限 公 司 股 份，應 立 即 將 本 通 函 及 隨 附 的 代 表 委 任 表 格 送 交 買 主 或 承 讓 人 或 經 手 買 賣 或 轉 讓 的 銀 行、持 牌 證 券 交 易 商 或 其 他 代 理 商，以 便 轉 交 買 主 或 承 讓 人。 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通函的內容概不負責， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 通 函 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。 （於開曼群島註冊成立的有限公司） 中國智能科技有限公司 CHINA IN-TECH LIMITED （股份代號：004 ...

目錄 | | | 頁 碼 | | --- | --- | --- | | 1 | 公 司 資 料 | 2 | | 2 | 財 務 摘 要 | 3 | | 3 | 主 席 報 告 書 | 4 | | 4 | 管 理 層 討 論 及 分 析 | 5 | | 5 | 董 事 會 報 告 | 1 1 | | 6 | 董 事 及 高 級 管 理 人 員 資 料 | 2 3 | | 7 | 企 業 管 治 報 告 | 2 6 | | 8 | 獨 立 核 數 師 報 告 | 4 5 | | 9 | 綜 合 損 益 及 其 他 全 面 收 益 表 | 4 8 | | 10 | 綜 合 財 務 狀 況 表 | 4 9 | | 11 | 綜 合 權 益 變 動 表 | 5 0 | | 12 | 綜 合 現 金 流 量 表 | 5 1 | | 13 | 綜 合 財 務 報 表 附 註 | 5 3 | | 14 | 五 年 財 務 摘 要 | 9 9 | 公司資料 董事會 執行董事 張慧君先生 （主席） 蔡冬艷女士 （行政總裁） 周里洋先生 獨立非執行董事 胡志剛先生 張加友先生 馬有恒先生 公司秘書 王金徹先生 審核委員會 馬有恒 ...

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 就 因 本 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 之 任 何 損 失 承 擔 任 何 責 任。 （股份代號：00464） （於開曼群島註冊成立的有限公司） 中國智能科技有限公司 CHINA IN-TECH LIMITED 截 至2025年3月31日 止 年 度 之 末 期 業 績 公 告 中 國 智 能 科 技 有 限 公 司（「本 公 司」）董 事（「董 事」）會（「董 事 會」）欣 然 宣 佈， 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至2025年3月31日 止 年 度（「本 年 度」） 之 經 審 核 財 務 業 績 如 下： 綜 合 損 益 及 其 他 全 面 收 益 表 截 至2025年3月31日 止 年 度 | | | | | | | | | | | 2025年 | | 2024年 ...

Revenue Performance - For the six months ended September 30, 2024, the company recorded revenue of approximately HKD 57,186,000, a decrease of about 18.5% compared to HKD 70,200,000 in the same period of 2023[15]. - The electronic hair care products segment generated revenue of HKD 46,400,000, accounting for 81.1% of total revenue, which represents a decline of 33.9% from HKD 70,200,000 in 2023[13]. - The information technology services segment contributed HKD 10,800,000, marking a 100% increase as it was a new revenue source launched in the second half of 2023[16]. - Revenue from the sale of electronic hair products was HKD 46,394,000, while revenue from IT services was HKD 10,792,000, totaling HKD 57,186,000 for the six months ended September 30, 2024[170]. - Total revenue for the six months ended September 30, 2023, was HKD 70,200,000, with significant contributions from electronic hair care products[192]. Financial Losses - The gross loss for the period was approximately HKD 682,000, compared to a gross profit of HKD 8,340,000 in 2023, resulting in a gross loss margin of 1.2%[23]. - The net loss attributable to shareholders was HKD 23,495,000, compared to a net loss of HKD 8,335,000 in the previous year[15]. - The company incurred a loss before tax of HKD 23,495 thousand, compared to a loss of HKD 8,335 thousand in the previous year, representing an increase in loss of 182.5%[119]. - The net loss attributable to the owners of the company for the period was HKD 20,999 thousand, compared to HKD 8,335 thousand in the same period last year, indicating a significant increase in loss of 152.1%[122]. - The company incurred a loss of HKD (80,269,000) for the six months ended September 30, 2024, compared to a loss of HKD (20,999,000) for the same period in 2023, representing a significant increase in losses[157]. Asset and Equity Changes - The total assets increased to HKD 114,009,000 from HKD 96,431,000 in 2023, while total equity decreased to HKD 17,429,000 from HKD 44,180,000[8]. - As of September 30, 2024, the company's total equity amounted to HKD 17,429,000, a significant decrease from HKD 40,078,000 as of March 31, 2024, reflecting a decline of approximately 56.6%[130]. - The company's cash and bank balances were approximately HKD 5.216 million as of September 30, 2024, down from HKD 39.942 million as of March 31, 2024[47]. - The company's current ratio decreased to 1.1 as of September 30, 2024, compared to 1.3 as of March 31, 2024[47]. - The company's total bank borrowings were approximately HKD 67.543 million as of September 30, 2024, down from HKD 72.877 million as of March 31, 2024[51]. Operational and Strategic Focus - The company plans to focus on enhancing its information technology services to mitigate the impact of declining sales in the electronic hair care products segment[16]. - The company plans to continue its focus on the design, manufacturing, and sales of electronic hair products, as well as IT system platform development services in China, indicating a strategic emphasis on core business areas[164]. - The group plans to continue exploring opportunities to expand and diversify its business activities to create new revenue sources and maximize returns for shareholders[63]. - The group does not anticipate a strong rebound in demand for electronic hair care products due to ongoing geopolitical tensions, high inflation, and high interest rates affecting consumer spending[63]. Workforce and Employee Costs - The total employee cost for the period was approximately HKD 21,604,000, a decrease from HKD 23,520,000 in the corresponding period, primarily due to a reduction in workforce in the electronic hair care products division[59]. - The group employed 319 staff as of September 30, 2024, down from 492 staff a year earlier, indicating a significant reduction in workforce[59]. Corporate Governance and Risk Management - The company has established a Remuneration Committee to review and recommend overall remuneration policies and packages for the group[89]. - The Audit Committee is responsible for reviewing the group's financial reporting procedures and risk management systems[93]. - The company has implemented a risk management framework to identify and mitigate potential risks associated with its business strategies[101]. - The company is committed to improving its internal controls and risk management systems to prevent future delays in financial reporting[100]. Shareholder Information - Major shareholders include Zhongyun Capital Limited and China Investment International Limited, each holding approximately 47.29% of the issued shares[71]. - No interim dividend was declared for the six months ended September 30, 2024, consistent with the previous year where no dividend was paid[68]. Compliance and Reporting - The company is currently evaluating the potential impacts of new accounting standards that may affect future financial reporting, indicating a proactive approach to compliance and financial management[169]. - The company experienced a delay in publishing its annual results for the year ending March 31, 2024, due to unexpected departures in its accounting department[100].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 57,186 thousand, a decrease of 18.5% compared to HKD 70,200 thousand for the same period in 2023[2] - The gross loss for the current period was HKD 682 thousand, compared to a gross profit of HKD 8,340 thousand in the previous year, indicating a significant decline in profitability[5] - Basic loss per share for the current period was HKD (3.939), compared to HKD (1.862) for the same period last year, reflecting a worsening financial performance[12] - The company reported a total comprehensive loss of HKD 22,649 thousand for the current period, compared to HKD 4,308 thousand in the previous year[5] - The group incurred a total loss of HKD 18,736,000, with electronic beauty products showing a loss of HKD 13,734,000 and IT services a loss of HKD 5,002,000[32] - The net loss for the period was approximately HKD 23.5 million, an increase of about 181.9% compared to the previous corresponding period's loss of HKD 8.3 million[71] - The basic loss per share was HKD 3.939, representing an increase of approximately 111.5% from the previous corresponding period's loss per share of HKD 1.862[72] Revenue Breakdown - Revenue from electronic beauty products was HKD 46,394 thousand, down 33.9% from HKD 70,200 thousand in the previous year[24] - Revenue from information technology services was HKD 10,792 thousand, with no revenue reported in the same period last year[24] - Sales of hair dryers contributed HKD 27,198 thousand, while sales of straighteners and styling brushes contributed HKD 10,917 thousand and HKD 6,930 thousand, respectively[24] - The European market generated HKD 24,811 thousand in revenue, while the Asian market contributed HKD 29,633 thousand, including HKD 10,792 thousand from information technology services[24] - The information technology services segment generated revenue of HKD 10.8 million, marking a 100% increase as a new revenue source launched in the second half of 2023[62] - The information technology services segment's revenue accounted for approximately 18.9% of the group's total revenue during the period[81] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 98,695 thousand, down from HKD 130,650 thousand as of March 31, 2024[14] - The net asset value per share decreased to HKD 3.3 from HKD 8.3 in the previous year, indicating a decline in shareholder equity[2] - Cash and cash equivalents as of September 30, 2024, were HKD 5,216 thousand, a decrease from HKD 39,942 thousand in the previous period[14] - Trade receivables as of September 30, 2024, amounted to HKD 44,067,000, with an allowance for losses of HKD 2,521,000, resulting in net trade receivables of HKD 41,546,000[52] - Trade payables as of September 30, 2024, totaled HKD 19,704,000, down from HKD 26,137,000 as of March 31, 2024[53] - The group's net current assets amounted to approximately HKD 7,662,000, a decrease from HKD 30,751,000 as of March 31, 2024, with a current ratio of 1.1 compared to 1.3 previously[85] Expenses and Costs - Administrative expenses increased significantly to HKD 24,958 thousand from HKD 14,948 thousand, contributing to the overall loss[5] - The cost of sales for the electronic beauty products segment was HKD 47.9 million, representing 83.8% of the segment's revenue, a decrease of 22.5% compared to HKD 61.9 million in the previous year[65] - The increase in gross loss for the electronic beauty products segment was attributed to rising production costs, particularly for raw materials and labor[68] Market and Economic Conditions - The electronic beauty products segment faced significant challenges due to high inflation, high interest rates, and geopolitical tensions, leading to weak consumer sentiment and demand[75] - The demand for information technology services was relatively weak during the period, influenced by seasonal business operations and economic uncertainties in China[94] Corporate Governance and Compliance - The company has established a compliance procedure for directors to conduct securities trading in accordance with the Listing Rules[101] - The Audit Committee, formed on April 29, 2005, is responsible for reviewing the financial reporting process and internal control systems[102] - The company has established a Remuneration Committee to review and recommend overall remuneration policies and packages for directors and senior management[105] - The company has a Nomination Committee to develop nomination policies for the board's consideration[106] - The Internal Audit Department was established in February 2008 to oversee internal controls and risk management systems[108] Future Plans and Strategies - The company plans to continue exploring new revenue sources and expanding its market presence in the information technology services sector[64] - The group plans to enhance its R&D capabilities to improve product competitiveness and expand market share[82] - The group plans to continue exploring opportunities and diversifying its business activities to create new revenue sources and maximize returns for the company and its shareholders[95] Shareholder Information - The group did not declare an interim dividend for the six months ended September 30, 2024, consistent with the previous period where no dividend was declared[48] - The group will not declare an interim dividend for the six months ending September 30, 2024, consistent with the previous period[72]