30 April 2025 Success Universe Group Limited (the "Company") – Notice of publication of Annual Report 2024, Circular dated 30 April 2025 containing Notice of Annual General Meeting, and Form of Proxy for Annual General Meeting (collectively the "Current Corporate Communications") (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：00487） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, If you have difficulty in receiving email notification or gaining access to the Website ...

（於百慕達註冊成立之有限公司） 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。 – 2 – (A) 「動議： (a) 一般地及無條件地批准本公司董事於有關期間（定義見下文）內，在本 決議案(b)段之規限下及根據一切適用之法例及香港聯合交易所有限 公司《證券上市規則》之規定行使本公司一切權力，以於香港聯合交易 所有限公司購回本公司之股份； (b) 本公司根據本決議案(a)段所述之批准於有關期間（定義見下文）內可 購回之本公司股份總數，不得超過於本決議案獲通過當日本公司已 發行股份（不包括庫存股份，如適用）總數之10%，及所述之批准須受 此數額限制；及 (c) 就本決議案而言，「有關期間」乃指由本決議案獲通過當日起計直至下 列三者中最早日期為止之期間： (i) 本公司下屆股東週年大會結束時； (ii) 本公司之公司細則或任何適用法例規定本公司須舉行下屆股東 週年大會期限屆滿之日；及 (iii) 本決議案所授予之權力經本公司股東在股東大會上通過普通決 議案 ...

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，概不對因本通函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。 此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，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全部實德環球有限公司之股份，應立即將本通函連同隨附之代表 委任表格送交買主或承讓人或經手買賣或轉讓之銀行、持牌證券交易商或其他代理商，以便 轉交買主或承讓人。 （於百慕達註冊成立之有限公司） （股份代號：00487） 董事會函件載於本通函第3至第6頁。 本公司謹訂於二零二五年六月十二日（星期四）下午二時三十分假座香港灣仔港灣道1號香港 萬麗海景酒店閣樓3至4號會議室舉行股東週年大會，召開大會之通告載於本通函第12至第15 頁。 無論 閣下能否親身出席股東週年大會及╱或於會上投票，務請將隨附之代表委任表格按其 所載指示填妥及簽署，並儘快交回本公司之香港股份過戶登記分處卓佳證券登記有限公司， 地址為香港夏慤道16號遠東金融中心17樓，惟無論如何該表格最 ...

Financial Performance - Revenue for 2024 was approximately HK$51.4 million, with a gross profit of approximately HK$17.3 million[16] - Profit attributable to owners of the Company decreased to approximately HK$93.4 million, despite a gain of approximately HK$31.1 million from the disposal of overseas listed equity securities[16] - The substantial increase in fair value loss on investment properties and write-down of stock of properties amounted to approximately HK$39.7 million[16] - Impairment loss on leasehold land and building classified under property, plant and equipment was approximately HK$36.1 million[16] - Revenue from the travel business decreased to approximately HK$48.7 million, while gross profit margin increased to approximately 30.0%[16] - Revenue from the property investment business was approximately HK$2.7 million, with a segment loss of approximately HK$34.9 million[16] - Total revenue for the year ended December 31, 2024, was HK$51,370,000, down from HK$101,897,000 in 2023[19] - Profit for the year was HK$93,391,000, a decrease from HK$169,301,000 in 2023[19] - The share of results of associates decreased to HK$111,950,000 from HK$143,717,000 in the previous year[19] - Gross profit increased by approximately 3% to approximately HK$17.3 million, compared to approximately HK$16.8 million in 2023[49] - A gain on the disposal of overseas listed equity securities was recognized at approximately HK$31.1 million for 2024, while the fair value gain on these securities was approximately HK$89.2 million[49] - Profit attributable to owners of the Company for the year was approximately HK$93.4 million, a decrease from approximately HK$169.3 million in 2023, with earnings per share at 1.90 HK cents compared to 3.44 HK cents in the previous year[49] - The substantial decrease in profit was mainly due to a fair value loss on investment properties and a write-down of the carrying amount of the Group's stock of properties totaling approximately HK$39.7 million[50] Assets and Liabilities - Total assets increased to HK$1,454,088,000 in 2024, up from HK$1,388,555,000 in 2023, representing a growth of 4.7%[21] - Total liabilities decreased to HK$476,700,000 in 2024, down from HK$501,191,000 in 2023, reflecting a reduction of 4.9%[21] - Net assets rose to HK$977,388,000 in 2024, an increase of 10.1% compared to HK$887,364,000 in 2023[21] - As of December 31, 2024, the Group had net current assets of approximately HK$108.4 million, up from HK$23.1 million in 2023[111] - The Group's net assets increased to approximately HK$977.4 million in 2024, compared to HK$887.4 million in 2023[111] - The net gearing ratio improved to approximately 38% as of December 31, 2024, down from 48% in 2023[117] Tourism and Market Trends - Macau's gross gaming revenue surged by 23.9% to approximately MOP226.8 billion in 2024, driven by a significant rise in tourist arrivals[29] - Tourist arrivals in Macau reached approximately 34.9 million in 2024, marking a 23.8% year-on-year increase[29] - The global tourism industry achieved a near-full recovery in 2024, regaining 99% of pre-pandemic levels with 1.4 billion international travellers[35] - The aviation sector's recovery is indicated by the restoration and expansion of air routes, enhancing connectivity across regions[35] - The Group's flagship project, Ponte 16, is focused on enhancing gaming, hospitality, and entertainment offerings to meet evolving tourist needs[29] - The Macau government is encouraging investment in non-gaming projects to diversify the economy beyond gaming[32] - International arrivals surged by 33% in 2024, representing an increase of 78 million visitors compared to the previous year, with the Asia-Pacific region reaching 87% of pre-pandemic levels[62] - Macau's tourism sector welcomed approximately 34.9 million visitors in 2024, representing a 23.8% year-on-year increase, with arrivals from Mainland China rising by 28.6%[84] - During the National Day Golden Week in 2024, Macau recorded an average of about 141,000 daily visitor arrivals, a 22.9% increase compared to 2023[84] - The introduction of the Hengqin-Macao multiple-entry visa policies facilitated multiple trips for Mainland Chinese tourists, enhancing accessibility to Macau[84] - Infrastructure improvements, including the opening of the Hengqin Line of the Light Rapid Transit (LRT), further boosted tourism connectivity to Macau[84] Corporate Governance - The Board of Directors consists of three independent non-executive directors, accounting for 50% of the total board members[148] - All independent non-executive directors (INEDs) were assessed and confirmed to be independent according to the Independence Guidelines[149] - No equity-based remuneration will be granted to INEDs to maintain their objectivity and independence[150] - Four regular board meetings and four non-regular board meetings were held during the year[158] - The Board has established a procedure for directors to seek independent professional advice at the Company's expense[162] - Monthly updates are provided to all directors, offering a balanced assessment of the Group's performance and financial position[162] - The Board reviews the contributions required from directors to ensure they are appropriate and that directors have sufficient time to fulfill their responsibilities[163] - The Nomination Committee annually assesses the independence of all INEDs to ensure they can exercise independent judgment[156] - The Board will review the implementation and effectiveness of governance mechanisms annually[155] - The Audit Committee held three meetings during the year, with all members attending at least 2 out of 3 meetings[174] - The major work performed by the Audit Committee included reviewing the draft annual report and accounts for the year ended December 31, 2023, and the draft interim report for the six months ended June 30, 2024[176] - The Audit Committee considered the re-appointment of the External Auditors and discussed their engagement terms, including proposed fees[176] - The Company provided training to all existing Directors to enhance their knowledge and skills related to their roles and responsibilities[166] - The Company has a clear delegation of responsibilities to management for the day-to-day running of the Group, including strategy implementation[167] Strategic Outlook - The Group maintains a cautiously optimistic outlook for the future, supported by a robust business model and strategic initiatives[36] - The Group remains committed to a disciplined investment strategy to capitalize on emerging opportunities while managing risks in a dynamic economic environment[46] - The Group remains cautiously optimistic about the long-term prospects of the commercial property sector despite current challenges[75] - The Group is committed to monitoring market dynamics and adapting strategies to ensure sustainable growth and seize emerging opportunities[132] - The Group is committed to enhancing its business portfolio to ensure sustainable growth and seize new opportunities in a changing economic environment[133] - The Group plans to enhance its reach among visitors through targeted marketing campaigns across popular social media and online platforms[131] Employee and Workforce Diversity - As of December 31, 2024, the Group employed a total of 80 employees, with remuneration based on qualifications, experience, responsibilities, and performance[123] - The total workforce gender diversity ratio is 1:1.79 male to female, while the management gender diversity ratio is 1:0.9 male to female[193] - The Board has achieved gender diversity with female representation increasing from approximately 16.7% to approximately 33.3% after the appointment of Ms. Hon Hong Lun, Jackie as an INED, meeting the target of around 30% by the end of 2024[192] - The Board maintains a reasonable gender ratio and emphasizes equal opportunities in recruitment and promotion, prohibiting discrimination based on gender, age, and race[193]

Financial Performance - The total revenue for the year ended December 31, 2024, was HKD 51,370,000, a decrease of 49.6% compared to HKD 101,897,000 in 2023[3] - Gross profit increased to HKD 17,278,000 from HKD 16,778,000, reflecting a gross margin improvement despite lower revenue[3] - Operating profit significantly decreased to HKD 9,182,000 from HKD 51,836,000, indicating a decline of 82.3%[3] - The net profit for the year was HKD 93,391,000, down 55.1% from HKD 169,301,000 in the previous year[4] - Earnings per share dropped to HKD 0.0190 from HKD 0.0344, a decline of 44.5%[3] - The company reported a total comprehensive income of HKD 90,024,000, down from HKD 167,999,000, a decrease of 46.5%[4] - The company reported a profit attributable to shareholders of HKD 93,391,000 for 2024, a decline of 55.1% from HKD 169,301,000 in 2023[30] - The group's gross profit increased by approximately 3% to about HKD 17,300,000, compared to HKD 16,800,000 in 2023[38] Assets and Liabilities - Total assets less current liabilities increased to HKD 1,163,135,000 from HKD 1,060,648,000, showing a growth of 9.7%[5] - Non-current assets decreased to HKD 1,054,772,000 from HKD 1,037,538,000, a decline of 1.6%[5] - Cash and cash equivalents rose to HKD 74,950,000 from HKD 57,388,000, an increase of 30.6%[5] - The company’s total assets decreased to HKD 1,454,088,000 in 2024 from HKD 1,388,555,000 in 2023[18] - The total liabilities increased to HKD 476,700,000 in 2024 from HKD 501,191,000 in 2023[18] - The group’s total assets amounted to approximately HKD 977.4 million as of December 31, 2024, up from HKD 887.4 million in 2023[54] - The outstanding loans related to credit facilities amount to approximately HKD 405,100,000 as of December 31, 2024, compared to HKD 180,000,000 in 2023[58] Revenue Breakdown - The travel segment reported revenue of HKD 48,696,000 for 2024, a decrease of 51.0% from HKD 99,229,000 in 2023[18] - The property investment segment generated revenue of HKD 2,674,000 in 2024, slightly up from HKD 2,668,000 in 2023[20] - Revenue from ticket sales was HKD 36,911,000 in 2024, down 57.5% from HKD 86,667,000 in 2023[25] - The travel segment reported a profit of HKD 463,000 in 2024, a significant decline from HKD 4,276,000 in 2023[18] - The property investment segment incurred a loss of HKD 34,855,000 in 2024, compared to a loss of HKD 14,172,000 in 2023[18] Market Conditions - The overall vacancy rate for Grade A office space in Hong Kong reached 13.1%, the highest level in 25 years, with overall market rents declining by 8.6%[44] - The vacancy rate in the Hong Kong commercial property market reached a historical high of 14.8% in 2024, influenced by economic performance and changing tenant preferences[63] - The international tourism sector saw a significant recovery in 2024, with global traveler numbers reaching 1.4 billion, an increase of 33% compared to the previous year[42] - Macau's tourism industry recorded strong growth with approximately 34.9 million visitors, a year-on-year increase of 23.8%[45] Corporate Governance and Compliance - The company has complied with all corporate governance codes as per the Hong Kong Stock Exchange regulations during the year ending December 31, 2024[66] - The consolidated financial results for the year ending December 31, 2024, have been audited by the group's auditor, Guo Wei Accounting Firm, and reviewed by the audit committee[68] - The preliminary performance announcement aligns with the draft consolidated financial statements, confirming the accuracy of the reported figures[68] - The board of directors includes two executive directors, one non-executive director, and three independent non-executive directors[68] Future Outlook - The company maintains a cautiously optimistic outlook for 2025, anticipating global economic growth of 3.3% in both 2025 and 2026[61] - The expected rebound in the global tourism industry is projected to continue into 2025, supported by new visa agreements and expanded flight routes[62]

（於百慕達註冊成立之有限公司） （股份代號：00487） 董事會會議召開日期 實德環球有限公司（「本公司」）董事會（「董事會」）謹此公布，本公司將於二零二五年 三月二十八日（星期五）舉行董事會會議，藉以（其中包括）考慮及批准本公司及其附 屬公司截至二零二四年十二月三十一日止年度之末期業績，以及考慮建議派發末期 股息（如有）。 承董事會命 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。 實德環球有限公司 於本公告日期，董事會成員包括兩位執行董事，即楊海成先生（主席）及馬浩文先生 （副主席）；一位非執行董事，即蔡健培先生；以及三位獨立非執行董事，即楊慕嫦 女士、錢永樂先生及韓劻燐女士。 公司秘書 柯方瑩 香港，二零二五年三月十七日 ...

盈利警告 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。 （於百慕達註冊成立之有限公司） （股份代號：00487） – 1 – 實德環球有限公司 本公告由本公司根據上市規則第13.09(2)(a)條及香港法例第571章證券及期貨條例 第XIVA部項下之內幕消息條文（定義見上市規則）發出。 董事會謹此知會本公司股東及有意投資者，根據本集團截至二零二四年十二月 三十一日止年度之未經審核綜合管理賬目初稿，預期本集團於截至二零二四年 十二月三十一日止年度之未經審核綜合溢利將減少約40%至50%，而去年同期則 錄得經審核綜合溢利約港幣169,000,000元。 本公告由實德環球有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯 合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及香港法例第571章證 券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）發出。 本公司董事會（「董事會」）謹此知會本公司股東及有意投資者，根據 ...

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。 （於百慕達註冊成立之有限公司） （股份代號：00487） 更改 (1)百慕達股份過戶登記總處； 及 (2)香港股份過戶登記分處 (1) 更改百慕達股份過戶登記總處 董事會進一步宣布，自二零二五年一月一日起，本公司之香港股份過戶登記分 處將更改為： 卓佳證券登記有限公司 香港夏慤道16號 遠東金融中心17樓 電話： (852) 2980 1333 傳真： (852) 2810 8185 由二零二五年一月一日起，有關本公司之股份過戶及登記手續將由卓佳證券登 記有限公司辦理。於二零二四年十二月三十一日下午四時三十分後仍未領取之 股票，可於二零二五年一月二日起從卓佳證券登記有限公司領取。 承董事會命 實德環球有限公司 主席 楊海成 實德環球有限公司（「本公司」）董事會（「董事會」）宣布，自二零二五年一月一日 起，本公司之百慕達股份過戶登記總處將更改為： Appleby Global Corporate Serv ...

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。 （於百慕達註冊成立之有限公司） （股份代號：00487） 須予披露交易 出售上市證券 合併出售事項 董事會謹此宣布，本公司一間間接全資附屬公司BTL於二零二四年十二月十二日 在公開市場上出售19,500股Tesla股份，總現金代價約8,300,000美元（相等於約港幣 64,700,000元）（不包括交易成本）。加上先前出售事項，BTL於有關期間內在公開 市場上出售合共23,500股Tesla股份，總現金代價約9,800,000美元（相等於約港幣 76,600,000元）（不包括交易成本）。 上市規則之涵義 由於根據上市規則第14.07條就二零二四年十二月十二日出售事項獨立計算或與 先前出售事項（獨立計算並無觸發上市規則第十四章項下本公司之任何披露責任） 合併計算（即合併出售事項）之若干適用百分比率高於5%但低於25%，故根據上市 規則第十四章，二零二四年十二月十二日出售事項及合併出售事項構成本公司之 ...

Financial Performance - Revenue for the first half of 2024 was approximately HK$32.5 million, with a gross profit of approximately HK$8.9 million[6]. - Loss attributable to owners of the Company was approximately HK$35.5 million, primarily due to a fair value loss on overseas listed equity securities of approximately HK$38.4 million[6]. - Revenue for the six months ended June 30, 2024, decreased to HK$32,518,000, down 52.5% from HK$68,444,000 in the same period of 2023[7]. - Gross profit increased to HK$8,891,000, representing a 19.0% increase compared to HK$7,477,000 in the prior year[7]. - Loss from operations for the period was HK$79,610,000, a significant decline from a profit of HK$93,953,000 in the same period last year[7]. - Loss before taxation was HK$35,473,000, compared to a profit of HK$153,824,000 in the previous year[8]. - Total comprehensive loss for the period amounted to HK$36,569,000, compared to a total comprehensive income of HK$154,062,000 in the prior year[9]. - For the six months ended June 30, 2024, the Group reported a loss attributable to owners of HK$35,473,000, compared to a profit of HK$153,824,000 for the same period in 2023[41]. Segment Performance - Revenue from the travel business decreased to approximately HK$31.2 million, while gross profit margin increased to approximately 24%[6]. - Revenue from the property investment business was approximately HK$1.3 million, with a segment loss of approximately HK$11.3 million due to fair value losses on investment properties[6]. - Revenue from external customers for the travel segment decreased to HK$31,182,000 for the six months ended June 30, 2024, compared to HK$67,142,000 for the same period in 2023, representing a decline of approximately 53.6%[24]. - The property investment segment reported revenue of HK$1,336,000 for the six months ended June 30, 2024, slightly up from HK$1,302,000 in 2023, indicating a growth of about 2.6%[24]. Assets and Liabilities - Non-current assets as of June 30, 2024, totaled HK$1,046,545,000, an increase from HK$1,037,538,000 at the end of 2023[10]. - Cash and cash equivalents increased to HK$61,514,000 from HK$57,388,000 at the end of 2023[10]. - Bank loans decreased to HK$266,500,000 from HK$306,500,000 at the end of 2023[10]. - Total assets less current liabilities increased to HK$1,068,168,000 as of June 30, 2024, compared to HK$1,060,648,000 as of December 31, 2023, showing a growth of 0.7%[11]. - The total equity decreased to HK$850,795,000 as of June 30, 2024, down from HK$887,364,000 as of January 1, 2024, indicating a decline of 4.1%[13]. Cash Flow and Financing - Net cash used in operating activities was HK$9,105,000 for the six months ended June 30, 2024, compared to HK$5,306,000 for the same period in 2023, indicating a worsening cash flow situation[16]. - The company repaid HK$40,000,000 in bank loans during the reporting period, compared to HK$46,280,000 in the previous period[16]. - The outstanding loan under the loan facilities as of June 30, 2024, was approximately HK$160 million, down from approximately HK$180 million as of December 31, 2023, representing an 11.1% decrease[85]. - The maximum corporate guarantee amount provided by the company under the financial guarantee contract was HK$490 million[85]. Investment and Market Conditions - The Group's financial position reflects a significant decrease in fair value for both investment properties and intangible assets, indicating potential challenges in asset valuation[56]. - The Group's investment properties had a carrying amount of approximately HK$112.9 million as of June 30, 2024, down from approximately HK$121.5 million as of December 31, 2023[57]. - The Group's effective interest in Pier 16 – Property Development Limited is 49%, which is involved in investment holding and property development[60]. - The Group continues to diversify its investment portfolio by holding overseas listed equity securities[134]. - The Group's travel business turnover is subject to seasonal fluctuations, with peak demand during the holiday season[110]. Corporate Governance and Compliance - The company has complied with all code provisions of the Corporate Governance Code during the six months ended June 30, 2024[175]. - The Audit Committee reviewed the unaudited interim results for the six months ended June 30, 2024, confirming compliance with applicable accounting standards[184]. - The company has three independent non-executive directors, ensuring adherence to the required standards of the Listing Rules[181]. Future Outlook - The Group maintains a positive outlook for Hong Kong's commercial property market despite short-term uncertainties, citing the enduring value of commercial property assets[151]. - International tourism is expected to fully recover in 2024, with a projected 2% increase in tourist arrivals compared to 2019 levels[148]. - The Group aims to explore a wider and more diversified customer base to seize emerging opportunities in the tourism sector[148].