指示回條 New Silkroad Culturaltainment Limited 新絲路文旅有限公司 （於百慕達註冊成立之有限公司） （股份代號：472） 請填妥及簽署下列指示回條， 並傳真至(852) 2810 8185或電郵至newsilkroad472-ecom@vistra.com或以所提供之郵寄標籤寄回 新絲路文旅有限公司（「公司」）香港股份過戶登記分處卓佳證券登記有限公司。 □ 只收取中文印刷本；或 □ 以電子方式透過公司網站www.newsilkroad472.com取代收取印刷本。 本人╱吾等的電郵地址： （請確保填上正確的電郵地址以作收取公司通訊發佈通知之用） 股東的英文名稱 （請以大楷書寫） 甲部－收取二零二五年中期報告： □ 本人╱吾等已選擇透過公司網站以電子方式瀏覽二零二五年中期報告，但現希望收取其印刷本。 乙部－選擇╱更改日後收取公司通訊之方式： 關於公司日後發佈的公司通訊，本人╱吾等欲： 股東的中文名稱 股東的登記地址 聯絡電話 簽署 日期 附註： 1. 上述指示將適用於公司的所有公司通訊，直至 閣下另行通知為止。 收集個人資料聲明 — 見背頁 — （僅可選擇一項，請於以下適當 ...

（於百慕達註冊成立之有限公司） （股份代號：472） 敬啟者： 致股東之函件 已選擇以本公司官方網站收取公司通訊 此致 列位股東 台照 承董事會命 新絲路文旅有限公司 主席兼執行董事 王賡宇 謹啟 二零二五年九月二十六日 二零二五年中期報告 閣下可瀏覽網站的「投資者關係」內容，以閱覽公司通訊。 已選擇透過網站以電子方式瀏覽公司通訊的本公司股東（「股東」），如因任何理由以致無法收取或接 收上述文件，只要向本公司香港股份過戶登記分處卓佳證券登記有限公司（「股份過戶登記分處」）提 出書面要求，即可獲免費發送該等文件的印刷本。請 閣下填妥隨附之指示回條甲部，並將已填妥 之指示回條傳真至(852) 2810 8185或電郵至newsilkroad472-ecom@vistra.com 或以所提供之郵寄標籤 寄回股份過戶登記分處。 請注意 閣下可以隨時透過填寫指示回條乙部更改收取本公司日後公司通訊的方式（不論是確定同 意或是被視為同意），費用全免。填妥的指示回條須透過上述其中一種方式交回股份過戶登記分處。 如 閣下對本函件有任何疑問，請於星期一至星期五（香港公眾假期除外）上午9時正至下午6時正致 電股份過戶登記分處的熱線 ...

致股東之函件 已選擇收取公司通訊印刷本 （於百慕達註冊成立之有限公司） （股份代號：472） 敬啟者： 附件 列位股東 台照 承董事會命 新絲路文旅有限公司 主席兼執行董事 王賡宇 謹啟 二零二五年九月二十六日 吾等欣然隨函附奉二零二五年中期報告。 請注意 閣下可以隨時透過填寫隨附之指示回條乙部更改收取本公司日後公司通訊 註 的方式，費用 全免。填妥的指示回條須傳真至(852) 2810 8185或電郵至newsilkroad472-ecom@vistra.com 或以所提 供之郵寄標籤寄回本公司香港股份過戶登記分處卓佳證券登記有限公司（「股份過戶登記分處」）。 如 閣下對本函件有任何疑問，請於星期一至星期五（香港公眾假期除外）上午9時正至下午6時正致 電股份過戶登記分處的熱線(852) 2980 1333查詢。 此致 註： 公司通訊指由本公司發出或將予發出以供股東參照或採取行動的任何文件，包括但不限於年報、中期報告、 會議通告、上市文件、通函及委任代表表格等。 ...

Revenue and Profitability - Revenue for the six months ended June 30, 2025, was HK$213,440,000, a decrease of 8.3% from HK$232,089,000 in the same period of 2024[6] - Revenue from property management services was HK$213,417,000, down 8.0% from HK$232,045,000 in the previous year[34] - Wine distribution revenue decreased to HK$23,000 from HK$44,000, reflecting a significant decline of 47.7%[34] - Total revenue from all operations for the six months ended June 30, 2025, was HK$988,678,000, down from HK$1,030,384,000 in 2024, reflecting a decline of 4.1%[51] - The Group's property management segment revenue for the period was approximately HK$213.4 million, a decline from HK$232.0 million for the same period in 2024[188] - The wine operation revenue fell by 47.7% year-on-year to approximately HK$23,000, reflecting a challenging operating environment and weak consumer sentiment[191] Losses and Impairments - Loss from operating activities increased significantly to HK$42,042,000 compared to a loss of HK$3,722,000 in the prior period[6] - Loss for the period from continuing operations was HK$42,647,000, compared to HK$7,277,000 in the same period last year, reflecting a substantial increase in losses[6] - The company reported an impairment loss of goodwill amounting to HK$48,456,000 during the period[6] - The Group recognized an impairment loss of approximately HK$48,456,000 on goodwill related to its property management business during the six months ended June 30, 2025[95] - The loss before taxation was HK$22,377,000, with a tax credit of HK$73, leading to a total loss for the period of HK$22,304,000[69] - The loss after tax for the Period increased by 486.1% to approximately HK$42.6 million[153] Cash Flow and Assets - Cash and cash equivalents at the end of the period were HK$378,059,000, up from HK$357,768,000, marking an increase of about 5.7%[22] - The net cash used in operating activities for the six months ended June 30, 2025, was HK$43,181,000, compared to HK$21,306,000 for the same period in 2024, indicating a worsening cash flow situation[22] - As of June 30, 2025, total assets less current liabilities amounted to HK$1,423,490,000, a decrease from HK$1,453,868,000 as of December 31, 2024, representing a decline of approximately 2.1%[14] - Consolidated total assets decreased to HK$1,625,430,000 in 2025 from HK$1,673,187,000 in 2024, reflecting a reduction of approximately 3%[47] - The Group's total assets decreased by 2.9% to approximately HK$1,625.4 million, down from HK$1,673.2 million as of December 31, 2024[161][164] Equity and Liabilities - Total equity attributable to owners of the Company decreased to HK$1,391,201,000 from HK$1,419,324,000, a decline of approximately 2.0%[17] - The Company’s reserves decreased from HK$1,387,248,000 to HK$1,359,125,000, a reduction of about 2.0%[17] - Total liabilities decreased by 7.3% to approximately HK$235.6 million, compared to HK$254.3 million as of December 31, 2024[162][164] Segment Performance - The Group has three reportable segments: real estate development and operation, wine distribution in Hong Kong, and property management services[37] - Revenue from external customers for the real estate and integrated resort segment was HK$213,417,000 in 2025, a decrease from HK$232,045,000 in 2024, representing a decline of approximately 8%[41] - The total segment loss for the period was HK$42,647,000, compared to a loss of HK$62,228,000 in the previous period, indicating an improvement of about 31%[41] Operational Changes and Future Outlook - The Group completed the disposals of its former subsidiaries in the entertainment and wine sectors to generate cash flows for the expansion of other existing businesses[62] - The Group is actively exploring new business opportunities to broaden income sources and may withdraw from long-term loss-making projects to strengthen its core business[200] - The Group aims to improve profitability by focusing on profitable business segments and exploring diverse business opportunities for sustained growth[200] Financial Ratios and Metrics - The current ratio increased to 3.2 as of June 30, 2025, up from 2.9 as of December 31, 2024[163][164] - The gearing ratio remained stable at 0.1% as of June 30, 2025, consistent with December 31, 2024[163][164] - Trade receivables turnover ratio increased to 132 days, compared to 115 days as of December 31, 2024, due to longer aging of accounts receivable in the property management services segment[165][168] Employee and Management Costs - The Group employed a total of 1,340 full-time employees as of June 30, 2025, down from 1,567 as of December 31, 2024[180][183] - Key management personnel remuneration increased to HK$3,537,000 for the six months ended June 30, 2025, compared to HK$2,639,000 in the same period of 2024[118]

Core Viewpoint - The shareholder Zhang Yusheng of *ST Xinyuan (300472.SZ) plans to reduce his holdings in the company by a maximum of 214,078 shares, which represents 0.08% of the total share capital, within three months from the announcement date [1] Summary by Relevant Sections - Shareholder Action - Zhang Yusheng intends to reduce his stake through centralized bidding or block trading methods [1] - The reduction will not exceed 214,078 shares [1] - This reduction accounts for 0.08% of the company's total share capital [1]

格隆汇9月19日丨新丝路文旅(00472.HK)宣布，刘华明及邱璇已获董事会委任为执行董事，自2025年9月 19日起生效。 ...

Group 1 - The company, New Silk Road Cultural Tourism (00472), announced the appointment of Liu Huaming and Qiu Xuan as executive directors, effective from September 19, 2025 [1]

Core Points - New Silk Road Cultural Tourism (00472) announced the appointment of Liu Huaming and Qiu Xuan as executive directors, effective from September 19, 2025 [1] Company Summary - Liu Huaming and Qiu Xuan have been appointed as executive directors of New Silk Road Cultural Tourism [1] - The effective date for their appointment is set for September 19, 2025 [1] Industry Summary - The announcement reflects ongoing changes in leadership within the cultural tourism sector, which may impact strategic direction and operational focus [1]

| 丁良輝 | | --- | （於百慕達註冊成立之有限公司） （股份代號：472） 董事名單與其角色和職能 新絲路文旅有限公司董事會（「董事會」）成員載列如下。 | 執行董事 | | 獨立非執行董事 | | --- | --- | --- | | 王賡宇 | （主席及行政總裁） | 丁良輝 | | 張建 | | 周安橋 | | 杭冠宇 | | 文藝 | | 沈楊 | | | | 劉華明 | | | | 邱璇 | | | 附註： C 有關委員會的主席 M 有關委員會的成員 香港，二零二五年九月十九日 董事會設立3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。 | 董事 | 委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | | 王賡宇 | （主席及行政總裁） | | M | C | | 張建 | | | M | M | | 杭冠宇 | | | | | | 沈楊 | | | | | | 劉華明 | | | | | | 邱璇 | | | | | | 丁良輝 | | C | C | M | | 周安橋 | | M | M | M | ...

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。 （於百慕達註冊成立之有限公司） （股份代號：472） 委任執行董事 除上文所披露者外，概無有關劉先生之其他事宜需提請本公司股東垂注，亦無 其他資料須根據香港聯合交易所有限公司證券上市規則第13.51(2)(h)至(v)條之 規定予以披露。 2 邱女士之履歷詳情載列如下： 邱璇女士，47歲，碩士研究生學歷，畢業於新加坡國立大學(MPAM )及中歐國際 工商學院(EMBA)。具備20年以上大型產業集團與金融機構高管經驗，曾歷任大 型保險集團高管、華納集團副總裁，現任北京銅官盈新文化旅遊發展股份有限 公司助理總裁兼戰略發展部總監，深度主導多家企業的戰略決策、投資拓展與 集團化運營。 新絲路文旅有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈，劉華 明先生（「劉先生」）及邱璇女士（「邱女士」）已獲董事會委任為執行董事，自二零 二五年九月十九日起生效。 劉先生之履歷詳情載列如下： 劉華明先生，54歲， ...