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 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。 Blue River Holdings Limited 藍 河 控 股 有 限 公 司 （ 於百慕達註冊成立之有限公司） （股份代號：498） 須予披露交易 出售上市證券 出售事項 於 2025 年 3 月 18 日 ， 本 公 司 透 過 其 全 資 附 屬 公 司 於 公 開 市 場 上 出 售 合 共 8,000,000股上市公司股份，總代價為6,400,000港元（ 不含交易成本（）相當 於平均價格每股上市公司股份0.8港元）。 上市規則之涵義 由於出售事項所涉及上市規則第14.07條項下之最高適用百分比率超過5 % 但低於25%，故出售事項構成本公司之須予披露交易，因此須遵守上市規 則第十四章項下之申報及公告規定。 出售事項 於 2025 年 3 月 1 8 ...

（股份代號：498） 董事名單與其角色和職能 Blue River Holdings Limited藍河控股有限公司董事局（「董事局」）成員載列如下，乃自2025 年1月17日起生效： 執行董事 鄺啟成先生 （ 主席兼總裁） 柯偉俊先生 獨立非執行董事 （ 於百慕達註冊成立之有限公司） 藍 河 控 股 有 限 公 司 Blue River Holdings Limited 余仲良先生 藍章華先生 劉簡怡女士 董事局已設立5個委員會。下表提供各董事局成員在這些委員會中所擔任的職位。 附註： C： 有關董事局委員會的主席 M： 有關董事局委員會的成員 香港，2025年1月17日 | 董事委員會 | | | | 企業管治及 | 股份回購 | | --- | --- | --- | --- | --- | --- | | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | 法規委員會 | 委員會 | | 鄺啟成先生 | — | — | — | — | — | | 柯偉俊先生 | — | M | M | M | M | | 余仲良先生 | C | M | M | M | — | | 藍章華先生 | M | C | ...

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 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。 Blue River Holdings Limited 藍 河 控 股 有 限 公 司 (I) 獨立非執行董事辭任 Blue River Holdings Limited藍河控股有限公司（「本公司」）董事局（「董事 局」）宣佈，William Nicholas Giles先生（「Giles先生」）因其他業務安排而 呈辭本公司獨立非執行董事（「獨立非執行董事」）、本公司企業管治及法 規委員會（「企業管治及法規委員會」）及本公司股份回購委員會（「股份回 購委員會」）主席以及本公司審核委員會（「審核委員會」）、本公司薪酬委 員會（「薪酬委員會」）及本公司提名委員會（「提名委員會」）成員，自2025 年1月17日起生效。 Giles先生已確認，彼與董事局之間並無意見分歧，亦無有 ...

Blue River Holdings Limited 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 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。 藍 河 控 股 有 限 公 司 （ 於百慕達註冊成立之有限公司） （股份代號︰498） 於2025年1月16日舉行之 股東特別大會投票表決結果 茲提述Blue River Holdings Limited藍河控股有限公司（「本公司」）日期為2024 年12月27日有關出售香港物業的通函（「通函」）。除另有指明者外，本公告所 用詞彙與通函所界定者具有相同涵義。 股東特別大會投票表決結果 董 事 局 欣 然 宣 佈 ， 日 期 為 2024 年 12 月 27 日 的 股 東 特 別 大 會 通 告（「 通 告」）所 載建議普通決議案（「普通決議案」）已於2025年1月16日舉行的股東特別大會 上獲股東以按股數投票表決 ...

本 通 函 乃 要 件 請 即 處 理 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函全部或任何部分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。 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。 閣下如已出售或轉讓名下所有Blue River Holdings Limited藍河控股有限公司（「本公司」）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經理、持牌證券交 易商或其他代理商，以便轉交買主或承讓人。 Blue River Holdings Limited 藍 河 控 股 有 限 公 司 （ 於百慕達註冊成立之有限公司） （股份代號：498） 有關 出售物業的 主要交易 及 股東特別大會通告 本公司財務顧問 亞貝隆資本有限公司 本公司謹訂於2025年1月16日（ 星期四 ）上午10時30分假座香港北角英皇道665號北角海逸酒店地庫一 樓海逸廳I及II舉行股東特別大會，召開股東特別大會之通告載於本通函第 ...

Blue River Holdings Limited 藍河控股有限公司 (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：498） NOTIFICATION LETTER 通知信函 23 December 2024 Dear Non-Registered Holder(s) (Note 1) , Blue River Holdings Limited (the "Company") — Notice of publication of Interim Report (the "Current Corporate Communication(s)") 本公司的本次公司通訊之中、英文版本已上載於本公司網站(www.blueriverholdings.com.hk)及香港聯合交易所有限公司之網站(www.hkexnews.hk)（「網站版本」）。本公 司強烈建議 閣下閱覽本次公司通訊的網站版本。 如 閣下因任何原因無法以電子郵件方式收取或閱覽公司通訊的網站版本，及欲索取本次公司通訊及所有日後公司通訊 ...

Blue River Holdings Limited 藍河控股有限公司 (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：498） Dear Registered Shareholders, Blue River Holdings Limited (the "Company") — Notice of publication of Interim Report (the "Current Corporate Communication(s)") The English and Chinese versions of the Company's Current Corporate Communication(s) are now available on the Company's website at www.blueriverholdings.com.hk and the website of The Stock Exchange of Hong Kong Limited at www.hke ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HK$21,247,000, a decrease of 28.4% from HK$29,672,000 in the same period of 2023[113]. - Gross profit for the period was HK$6,453,000, down 61.5% from HK$16,741,000 year-on-year[113]. - Loss before taxation increased to HK$122,617,000 compared to a loss of HK$81,657,000 in the previous year, representing a 50.3% increase in losses[113]. - Total comprehensive expense for the period was HK$183,075,000, compared to HK$101,789,000 in the same period last year, indicating a 80.0% increase in comprehensive losses[115]. - The loss for the period was HK$122,612,000 for the six months ended September 30, 2024, compared to a loss of HK$81,797,000 for the same period in 2023[118]. - The total comprehensive income for the period was a loss of HK$183,073,000 for the six months ended September 30, 2024, compared to a loss of HK$101,807,000 for the same period in 2023[118]. - Basic and diluted loss per share increased to HK$11.8 from HK$7.9, reflecting a 49% increase[169]. - Loss attributable to owners of the Company for the six months ended 30 September 2024 was HK$122,612,000, compared to HK$81,797,000 for the same period in 2023, representing a 50% increase in loss[169]. Segment Performance - Minsheng Natural Gas recorded a segment loss of approximately HK$2 million for the period, an improvement from a loss of HK$6 million in 2023, with CNG sales volume decreasing by 24% to approximately 5.15 million cubic meters[13]. - The property business incurred a segment loss of approximately HK$11 million, slightly better than the HK$13 million loss in 2023, primarily due to fair value changes of investment properties[14]. - The financial services business reported a significant segment loss of approximately HK$88 million, compared to HK$21 million in 2023, mainly due to losses from investee associates[18]. - The Group's revenue from CNG products was HK$21,247,000, compared to HK$28,519,000 in the previous year, indicating a decline[164]. - Rental income remained stable at HK$900,000, unchanged from the previous year[164]. - The segment revenue from ports and logistics was HK$21,247,000, while property revenue was HK$900,000, with no revenue from securities[191]. Assets and Liabilities - As of September 30, 2024, the Group's total assets amounted to approximately HK$793 million, down from HK$976 million as of March 31, 2024[26]. - The Group's cash, bank balances, and deposits were approximately HK$4 million, down from HK$20 million as of March 31, 2024[41]. - Net current liabilities stood at HK$1,657,000, slightly increased from HK$1,488,000 as of March 31, 2024[117]. - Total assets less current liabilities were not specified, but non-current liabilities decreased to HK$745,416,000 from HK$931,555,000[117]. - Net assets decreased to HK$743,225,000 from HK$926,300,000, reflecting a decline of 20.0%[117]. - Current assets increased slightly from HK$43,019,000 to HK$45,507,000, reflecting a 6% increase[171]. - Bank balances and cash decreased from HK$11,500,000 to HK$4,225,000, a decline of approximately 63%[171]. - Bank and other borrowings increased from HK$15,133,000 to HK$17,878,000, representing an increase of 18%[171]. Cash Flow - For the six months ended September 30, 2024, the net cash used in operating activities was HK$37,816,000, compared to HK$33,862,000 for the same period in 2023, indicating an increase in cash outflow[120]. - The net cash generated from investing activities was HK$24,763,000 for the six months ended September 30, 2024, a significant recovery from a net cash outflow of HK$240,572,000 in the same period of 2023[120]. - The net cash used in financing activities was HK$3,194,000, a substantial decrease from HK$455,765,000 in the prior period[152]. Share Capital and Dividends - The total number of issued shares of the Company as of September 30, 2024, was 1,040,946,114 shares with a par value of HK$0.1 each[51]. - The Board resolved not to declare any interim dividend for the six months ended September 30, 2024[46]. - The maximum number of awarded shares under the Share Award Scheme is 110,391,611 shares, which is 10% of the issued share capital at the Adoption Date[75][76]. - The company has not granted or allocated any shares under the Share Award Scheme since its adoption date, and the annual limit of 33,117,483 shares (3% of issued share capital) was not refreshed at the AGM on August 30, 2023[98][101]. - No share awards were granted, vested, exercised, cancelled, or lapsed during the period, resulting in a nil issuance of shares under the Share Award Scheme[101]. Management and Governance - The Audit Committee has reviewed the unaudited condensed consolidated interim financial information and recommended its adoption by the Board[61][83]. - The Company has confirmed compliance with the Model Code for Securities Transactions by Directors during the six-month period ending September 30, 2024[84]. - The Board is structured with a balance of power, with not less than half of its members being independent non-executive Directors[79]. - Mr. Kwong has been serving as both Chairman and CEO since July 1, 2023, following the resignation of the previous CEO[80]. - The Company expresses gratitude to its Board members and staff for their contributions and dedication[86]. Financial Risks - The Group's cautious financial and treasury policy aims to manage risks associated with exchange rates and interest rate fluctuations[26]. - The Group is mainly exposed to foreign exchange risk with respect to Renminbi, which may affect its performance[43]. - The Group has a reasonable expectation of sufficient working capital to continue operational existence for the foreseeable future[159]. Investments - The Group held a 34.72% equity interest in Hope Securities Limited, which is licensed for regulated activities, and shared a loss of approximately HK$16 million during the period[29]. - The Group's investment in Oshidori resulted in an unrealized fair value loss of approximately HK$28 million, impacting the investment revaluation reserve[24]. - As of September 30, 2024, the Group's investment in Oshidori Holdings Limited amounted to 465,000,000 shares, representing approximately 7.5% of Oshidori's issued share capital, with a fair value of about HK$60 million, accounting for approximately 7.6% of the Group's total assets[31]. - The total investment cost in Oshidori was approximately HK$130 million, with an accumulated unrealized fair value loss of about HK$70 million[31]. - In October 2024, the Company disposed of 159,000,000 Oshidori shares for a total consideration of HK$27,030,000, reducing its shareholding in Oshidori to 4.9%[32]. - The average price per Oshidori share during the disposal was HK$0.17[34]. - The Group's equity interest in Hope Capital Limited increased from approximately 22.99% to 34.72% during the period[199]. - The Group's share of net assets decreased by approximately HK$18,051,000 due to the deemed acquisition of additional interest in the associate[199].

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 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。 Blue River Holdings Limited 藍 河 控 股 有 限 公 司 （ 於百慕達註冊成立之有限公司） （股份代號：498） 於百慕達之股份過戶登記總處之變更 Blue River Holdings Limited 藍 河 控 股 有限 公 司（「 本公 司」）之 董 事局（「 董 事 局」）謹 此 宣 佈 ， 由 2024 年 12 月 31 日 起 ， 本 公 司 於 百 慕 達 之 股 份 過 戶 登 記 總 處將更改為： Conyers Corporate Services (Bermuda) Limited Clarendon House 2 Church Street Hamilton HM11, Bermuda 本公司於香港之股份過戶登記 ...

Financial Performance - For the six months ended September 30, 2024, Blue River Holdings Limited reported total revenue of HKD 21,247,000, a decrease of 28% compared to HKD 29,672,000 for the same period in 2023[4] - The company recorded a gross profit of HKD 6,453,000, down from HKD 16,741,000, reflecting a significant decline in profitability[4] - The net loss for the period was HKD 122,614,000, compared to a net loss of HKD 81,779,000 in the previous year, indicating a worsening financial position[6] - Basic and diluted loss per share increased to HKD 11.8 from HKD 7.9, highlighting the impact of the increased losses on shareholders[6] - The total comprehensive loss for the period was HKD 183,075,000, compared to HKD 101,789,000 in the prior year, indicating a substantial increase in overall losses[8] - The group reported a total loss before tax of HKD 122,617 for the six months ended September 30, 2024, compared to a loss of HKD 81,657 for the same period in 2023[27] - The group reported a net loss before tax of HKD 122,612,000 for the six months ended September 30, 2024, compared to a loss of HKD 81,797,000 for the same period in 2023[42] - The company recorded consolidated revenue of approximately HKD 23 million for the period, a decrease of 41% compared to HKD 39 million in 2023[57] - Gross profit for the period was approximately HKD 6 million, down from HKD 17 million in 2023[57] - The company reported a pre-tax loss of approximately HKD 123 million, compared to a loss of HKD 82 million in 2023[57] Asset and Liability Management - Non-current assets totaled HKD 747,073,000 as of September 30, 2024, down from HKD 933,043,000 as of March 31, 2024, indicating a reduction in asset value[10] - Current liabilities amounted to HKD 47,164,000, compared to HKD 44,507,000 in the previous period, showing a slight increase in short-term obligations[10] - The company's cash and cash equivalents decreased to HKD 4,225,000 from HKD 11,500,000, reflecting liquidity challenges[10] - The group’s current liabilities exceeded current assets by HKD 1,657,000 as of September 30, 2024, raising concerns about liquidity[18] - As of September 30, 2024, the total assets of the group amounted to HKD 792,580,000, a decrease from HKD 976,062,000 as of March 31, 2024[31] - The total liabilities as of September 30, 2024, were HKD 49,355,000, compared to HKD 49,762,000 as of March 31, 2024[31] - The company’s total assets decreased by 18.8% to approximately HKD 793 million as of September 30, 2024, down from HKD 976 million as of March 31, 2024[61] - The company’s current ratio slightly decreased to 0.96 times as of September 30, 2024, from 0.97 times as of March 31, 2024[61] - The company’s equity attributable to shareholders decreased by 20% to approximately HKD 750 million as of September 30, 2024, down from HKD 933 million as of March 31, 2024[61] Impairment and Losses - The company reported a significant impairment loss on financial assets of HKD 2,897,000, compared to a reversal of HKD 24,399,000 in the previous year, reflecting deteriorating asset quality[4] - The impairment loss on receivables recognized for the six months ended September 30, 2024, was HKD 2,897,000, with a reversal of HKD 24,399,000 in 2023[36] - The group recognized a loss of HKD 18,051,000 related to the acquisition of an associate company for the six months ended September 30, 2024[35] - The financial services segment reported a loss of approximately HKD 88 million, significantly higher than the HKD 21 million loss in 2023, mainly due to losses of HKD 70 million from associated companies[68] - The group holds a 33% stake in HEC Securities Company Limited, resulting in a loss of approximately HKD 16 million during the period, compared to a loss of HKD 34 million in 2023[70] Revenue Streams - The sales and service revenue from compressed natural gas products and related port services was HKD 21,247, down from HKD 29,672 in the previous year, representing a decline of 28%[20] - Interest income from receivables was HKD 612, significantly lower than HKD 8,638 in the prior period, indicating a decrease of approximately 93%[20] - The group’s financial services segment generated revenue of HKD 612, down from HKD 8,638, reflecting a significant decline in performance[27] - The group generated revenue of approximately HKD 600,000 from its direct loan financing business, a decrease from HKD 9 million in 2023[68] - The group’s investment property rental income remained stable at HKD 900 for both periods, indicating consistent performance in this segment[20] Corporate Governance and Management - The company has complied with the Corporate Governance Code, except for the deviation where the roles of Chairman and CEO are held by the same person since July 1, 2023[94] - The Chairman, Mr. Kwan, has taken on the role of President, overseeing the management and operations of the group[95] - The Audit Committee has been established to review and supervise the financial reporting process and internal controls of the group[97] - The Audit Committee consists of three independent non-executive directors, ensuring effective oversight and governance[97] - The company maintains a strong leadership structure with experienced individuals on the Board, including independent non-executive directors[95] - The company emphasizes the importance of internal controls and risk management in its financial reporting[97] Future Outlook and Strategy - The group expects to have sufficient working capital, including available credit financing, to continue operations for the foreseeable future[18] - The group is reassessing the development potential of its compressed natural gas distribution business in Wuhan due to pressure from the local government's push for new energy vehicles[63] - The group aims to redeploy its property division to mitigate adverse market conditions while seizing opportunities from recent regulatory relaxations in the property market[64] - The group plans to continue exploring opportunities in the financial services sector while maintaining a prudent credit policy[70] - The company is exploring opportunities for diversified development and expanding its business and investment portfolio[81] Employee and Operational Changes - The company employed a total of 75 full-time employees as of September 30, 2024, a decrease from 100 employees as of March 31, 2024[92] - The company has not declared an interim dividend for the six months ended September 30, 2024, compared to no dividend in 2023[56] Miscellaneous - The company has no contingent liabilities as of September 30, 2024, consistent with the previous period[89] - The company has no major acquisitions or disposals other than those disclosed[76] - The interim financial results have been reviewed and recommended for adoption by the Board[99] - The interim report for the 2024/2025 period will be sent to shareholders in December 2024[100] - The company’s website provides access to investor information and announcements related to financial performance[100]