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: | 2026年3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: | 恒和珠寶集團有限公司 | | | 呈交日期: | 2026年4月1日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.2.1 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 00513 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 683,118,258 0 683,118,258 增加 / 減少 (-) 0 0 本月底結存 683,118,258 0 683,118,258 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在 ...

Dear non-registered shareholder(s), Continental Holdings Limited (the "Company") N O T I F I C AT I O N L E T T E R 通 知 信 函 – Notice of Publication of 2026 Interim Report ("Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexnews.hk and the Company's website at www.continental.com.hk. If you have any difficulty in receiving or ...

(Incorporated in Hong Kong with limited liability) （於香港註冊成立之有限公司） (Stock Code 股份代號: 00513) Pursuant to Rule 2.07A and 2.07B 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 dissemination of corporate communications that came into effect on 31 December 2023, the Articles of Association of the Company and the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), the Company is ...

Financial Performance - Revenue for the six months ended December 31, 2025, was HKD 221,815,000, a decrease of 32.6% compared to HKD 329,326,000 in the same period of 2024[5] - Gross profit increased to HKD 65,016,000, up 4.5% from HKD 62,214,000 year-on-year[5] - The net loss for the period was HKD 2,146,000, significantly improved from a loss of HKD 20,342,000 in the previous year[5] - Total revenue for the group was HKD 221,815,000 for the six months ended December 31, 2025, compared to HKD 329,326,000 in 2024, reflecting a decrease of approximately 33%[21] - The group reported a loss before tax of HKD 2,020,000 for the six months ended December 31, 2025, compared to a loss of HKD 19,962,000 in 2024[23] - The total comprehensive income for the period was HKD 5,371,000, with a loss of HKD 34 recorded[11] Cash Flow and Liquidity - Operating cash flow for the six months was HKD 57,834,000, down 58.0% from HKD 137,546,000 in the same period last year[10] - Cash and cash equivalents increased to HKD 81,616,000 from HKD 36,358,000, reflecting a positive cash flow trend[10] - The company reported a loss of approximately HKD 2,146,000 during the period, with current liabilities exceeding current assets by about HKD 380,557,000[12] - The group has cash and cash equivalents of HKD 81,616,000 as of December 31, 2025, compared to HKD 36,358,000 as of June 30, 2025[60] - The group's net debt as of December 31, 2025, was approximately HKD 220,297,000, an increase from HKD 161,736,000 as of June 30, 2025[60] Assets and Liabilities - Total assets less current liabilities stood at HKD 1,880,232,000, an increase from HKD 1,867,270,000[9] - The company’s non-current assets totaled HKD 2,260,789,000, slightly up from HKD 2,255,813,000[8] - As of December 31, 2025, the company had bank loans totaling HKD 728,412,000, of which approximately HKD 585,341,000 is due within one year[12] - The company's bank loans as of December 31, 2025, totaled HKD 728,412,000, with a repayment schedule including HKD 143,071,000 due within one year[34] - The interest rates on bank loans ranged from 1.4% to 6.9% as of December 31, 2025[35] Segment Performance - Revenue from the jewelry business for the six months ended December 31, 2025, was HKD 196,853,000, an increase from HKD 162,355,000 in 2024, representing a growth of approximately 21%[19] - Property sales revenue decreased significantly to HKD 14,490,000 in 2025 from HKD 152,886,000 in 2024, indicating a decline of about 90%[21] - The jewelry segment reported revenue of HKD 196,853,000, an increase of approximately HKD 34,498,000 or 21.25% from HKD 162,355,000 in the previous year, with segment profit rising from HKD 7,759,000 to HKD 17,579,000[54] - The property segment generated revenue of approximately HKD 24,939,000, a decrease of about HKD 140,943,000 from HKD 165,882,000 in the previous year, mainly due to reduced sales contributions from the residential project Heng Po[55] Shareholder and Governance - The controlling shareholder has provided a loan facility of HKD 60,000,000 to support the company's operational funding needs until September 30, 2026[12] - The controlling shareholder, Zheng Xiaoyan, holds 74.12% of the company's issued share capital, amounting to 506,339,522 shares[71] - The company has adopted all code provisions in Appendix C1 of the Corporate Governance Code and has complied with applicable code provisions for the six months ending December 31, 2025, with exceptions noted[74] - The audit committee consists of five independent non-executive directors and has reviewed the unaudited consolidated interim financial statements for the six months ending December 31, 2025[77] Future Outlook and Strategy - The company plans to focus on market expansion and new product development to drive future growth[5] - The group continues to seek opportunities to strengthen its portfolio despite overall market pressures, aiming to create stable income and long-term returns[58] - The group maintains a cautious outlook on the market, anticipating continued uncertainty in both international and local operating environments[58] Employee and Management - The total compensation for key management personnel was HKD 4,601,000 for the six months ended December 31, 2025, slightly increasing from HKD 4,591,000 in the previous year[51] - The group has a total of approximately 428 employees as of December 31, 2025, down from 443 employees as of June 30, 2025[66] Risk Management - The group maintains a conservative approach to financial risk management, keeping market risk at a minimum level[69] - The group has implemented forward foreign exchange contracts to mitigate foreign exchange risks associated with GBP fluctuations[69]

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: | 2026年2月28日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 恒和珠寶集團有限公司 | | | 呈交日期: | 2026年3月3日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 00513 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 683,118,258 0 683,118,258 增加 / 減少 (-) 0 0 本月底結存 683,118,258 0 683,118,258 足夠公眾持股量的確認(註4) 減少庫存股份: 普通股 (AA2) 本月內因行使期權所得資金總額： | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《G ...

Group 1 - The core viewpoint of the article is that Henghe Group (00513) reported a mid-term performance for the six months ending December 31, 2025, showing a revenue of approximately HKD 222 million, which represents a year-on-year decrease of 32.65% [1] - The company recorded a profit attributable to owners of HKD 34,000, marking a turnaround from a loss in the previous period [1] - Earnings per share were reported at HKD 0.01 [1] Group 2 - The decrease in revenue is primarily attributed to a reduction in property sales [1]

Core Viewpoint - Henghe Group (00513) reported a mid-term performance for the six months ending December 31, 2025, showing a revenue of approximately HKD 222 million, a year-on-year decrease of 32.65% [1] Group 1: Financial Performance - The company's profit attributable to owners was HKD 34,000, marking a turnaround from a loss to profit year-on-year [1] - Earnings per share were reported at HKD 0.01 [1] Group 2: Revenue Drivers - The decrease in revenue is primarily attributed to a reduction in property sales [1]

Group 1 - The core viewpoint of the article is that Henghe Group (00513.HK) reported a significant decline in comprehensive income for the six months ending December 31, 2025, primarily due to reduced property sales [1] - The comprehensive income decreased by approximately HKD 107,511,000 or 32.64%, from HKD 329,326,000 in the previous interim period to HKD 221,815,000 [1] - The company reported a profit attributable to shareholders of HKD 34,000, compared to a loss of HKD 16,968,000 in the same period last year [1] Group 2 - The basic earnings per share for the six months ending December 31, 2025, was HKD 0.01, compared to a basic loss per share of HKD 2.48 in 2024 [1]

Financial Performance - The company's revenue for the six months ended December 31, 2025, was HKD 221,815,000, a decrease of 32.6% compared to HKD 329,326,000 for the same period in 2024[3] - Gross profit for the same period was HKD 65,016,000, representing an increase of 4.5% from HKD 62,214,000 in 2024[3] - The company reported a loss before tax of HKD 2,020,000, significantly improved from a loss of HKD 19,962,000 in the previous year[3] - Total comprehensive income for the period was HKD 3,191,000, compared to a loss of HKD 22,797,000 in the same period last year[4] - The group achieved a profit attributable to owners of the company of HKD 34,000, compared to a loss of HKD 16,968,000 in the previous year[28] - Basic earnings per share for the period were HKD 34,000, compared to a loss of HKD 16,968,000 in the prior year[21] - Basic earnings per share for the six months ended December 31, 2025, were HKD 0.01, compared to a basic loss per share of HKD 2.48 in the previous year[28] Liquidity and Financial Position - The company's cash and cash equivalents increased to HKD 81,616,000 from HKD 36,358,000, indicating improved liquidity[5] - The company's total liabilities decreased to HKD 936,619,000 from HKD 961,809,000, reflecting a reduction in financial obligations[6] - The net asset value of the company was HKD 1,652,053,000, compared to HKD 1,648,862,000 in the previous period[6] - The group has bank loans amounting to HKD 728,412,000, with approximately HKD 585,341,000 due within one year[7] - The group expects to meet its financial obligations and continue as a going concern based on the assessment of future cash flows and financing sources[8] - As of December 31, 2025, the group's debt-to-equity ratio is 0.3442, down from 0.3585 on June 30, 2025[35] - Total bank loans in HKD are approximately HKD 728,412,000, a decrease from HKD 796,081,000 as of June 30, 2025[37] Operational Highlights - The group plans to sell two units of unsold properties post-reporting date, expected to generate approximately HKD 14,900,000 for additional working capital[7] - The group completed the sale of its wholly-owned subsidiary for a cash consideration of RMB 33,370,000 (approximately HKD 36,470,000), with proceeds partially used to repay bank loans[7] - The controlling shareholder has provided a loan facility of HKD 60,000,000 to support the group's working capital needs until September 30, 2026[7] - The group aims to enhance operational efficiency and implement cost control measures to improve cash flow and strengthen working capital[8] - The group has identified four main operating segments for performance evaluation and resource allocation[12] Revenue Breakdown - Revenue from external customers for the jewelry business reached HKD 196,853,000, an increase from HKD 162,355,000 in the previous year, representing a growth of approximately 21%[14] - The total revenue for the group was HKD 221,815,000, down from HKD 329,326,000, indicating a decline of about 33% year-over-year[16] - The jewelry segment reported revenue growth of approximately HKD 34,498,000 or 21.25%, increasing from HKD 162,355,000 to HKD 196,853,000 during the reporting period[29] - The property segment's revenue was approximately HKD 24,939,000, a decrease of about HKD 140,943,000 compared to HKD 165,882,000 in the same period last year, mainly due to reduced sales contributions from residential projects[30] Cost Management - Interest expenses totaled HKD 14,694,000, a decrease from HKD 26,166,000, reflecting a reduction of approximately 44%[16] - The cost of goods sold was HKD 156,799,000, down from HKD 267,112,000, marking a decrease of about 41%[17] - The group will continue to improve production processes and diversify product lines to meet evolving customer preferences[33] Corporate Governance and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, based on historical cost except for investment properties and certain financial assets measured at fair value[8] - The audit committee has reviewed the unaudited consolidated interim financial statements for the six months ended December 31, 2025[48] - The company has not established an internal audit function but believes its current organizational structure provides sufficient internal control and risk management[46] - The group has complied with all applicable corporate governance codes, with some deviations noted regarding the separation of roles between the chairman and CEO[44] Market Outlook - The group maintains a cautious outlook on the jewelry market due to high and volatile gold prices impacting consumer purchasing behavior[33] - The local real estate market remains weak, with the group adopting a prudent strategy while actively seeking reputable tenants and buyers[33]

Core Viewpoint - Henghe Group (00513.HK) will hold a board meeting on February 27, 2026, to consider and approve the interim results for the six months ending December 31, 2025, and to discuss the potential declaration of an interim dividend, if applicable [1] Summary by Categories - **Company Announcement** - Henghe Group has announced a board meeting scheduled for February 27, 2026 [1] - The meeting will focus on the approval of the interim results for the six months ending December 31, 2025 [1] - The board will also consider the declaration of an interim dividend, if any [1]