香港交易及結算所有限公司以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，並明確表示概不會就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。 TAO HEUNG HOLDINGS LIMITED 稻 香 控 股 有 限 公 司 * （ 於開曼群島註冊成立的有限公司） （股份代號：573） 截至二零二五年六月三十日止六個月 未經審核中期業績公告 | 摘要 | | | | | | --- | --- | --- | --- | --- | | | 截至六月三十日止六個月 | | 減少 | | | | 二零二五年 | 二零二四年 | 百分比 | | | | （千港元） | （ 千港元） | | | | 收益 | 1,139,706 | 1,285,575 | (11.3 | %) | | 期內（虧損）╱溢利 | (35,775) | 9,430 | (479.4 | %) | | 本公司權益持有人應佔 | | | | | | （虧損）╱溢利 | (36,957) | 4,022 | (1,018.9 | %) | | | 港仙 | 港仙 | | ...

Core Viewpoint - The company anticipates a loss attributable to equity holders of approximately HKD 35 million to HKD 45 million for the six months ending June 30, 2025, compared to a profit of HKD 4 million in the same period last year, primarily due to a revenue decrease of 5% to 15% [1] Group 1: Economic and Market Conditions - The global economy continues to be affected by geopolitical and macroeconomic uncertainties, leading to a slowdown in economic growth [1] - In the Hong Kong dining market, local customers are increasingly shopping in mainland China, and there is a shift in consumption patterns among mainland Chinese travelers, resulting in a challenging overall operating environment [1] - The industry faces reduced large-scale corporate banquets and celebrations, intense market competition, and a general consumer preference for takeout over dine-in options [1] Group 2: Company Strategies - In response to the challenging market environment, the company is launching more attractive menus and promoting products that cater to market and customer preferences [1] - The company is implementing strict controls on ingredient and operational costs to enhance efficiency [1] - The company aims to leverage technology to improve product and service quality, while also enhancing brand awareness through online and offline marketing channels to boost market competitiveness and promote sustainable business development [1]

本期间内，全球经济持续受到地缘政治及宏观经济不确定因素的影响，经济增长放缓。香港餐饮市场方 面，本地顾客北上消费成风及中国内地旅客消费模式转变，以致整体经营环境仍然充满挑战。中国内地 方面，行业面临着大型企业宴会和庆典活动减少、激烈的市场竞争、以及消费者普遍更偏好外卖而非堂 食的趋势。面对充满挑战的市场环境，集团推出更具吸引力的菜单、推广迎合市场及顾客口味的产品、 实施严格控制食材和营运成本措施，以及善用科技提升产品和服务质素。此外，集团致力透过线上线下 的营销渠道加强集团品牌的知名度，从而提升市场竞争力，促进业务可持续发展。 智通财经APP讯，稻香控股(00573)发布公告，集团预期于截至2025年6月30日止六个月将取得母公司拥 有人应占亏损约3500万港元至4500万港元，而去年同期则取得母公司拥有人应占溢利400万港元，主要 归因于集团的收益较截至2024年6月30日止六个月期间减少5%至15%。 ...

格隆汇8月20日丨稻香控股(00573.HK)发布公告，截至2025年6月30日止六个月期间，集团预期于本期间 将录得母公司拥有人应占亏损约3500万港元至4500万港元，而去年同期则录得母公司拥有人应占溢利 400万港元，主要归因于集团的收益较截至2024年6月30日止六个月期间减少介乎5%至15%。 ...

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，並明確表示概不會就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。 TAO HEUNG HOLDINGS LIMITED 稻 香 控 股 有 限 公 司 * （ 於開曼群島註冊成立的有限公司） （股份代號：573） 盈利警告 本公告乃稻香控股有限公司（「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條及香港法例第571章證 券及期貨條例第XIVA部之內幕消息條文（ 定義見上市規則）而刊發。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據本集 團截至二零二五年六月三十日止六個月期間（「本期間」）的未經審核綜合管理賬目 作出之初步審閱，本集團預期於本期間將錄得母公司擁有人應佔虧損約35,000,000 港元至45,000,000港元，而去年同期則錄得母公司擁有人應佔溢利4,000,000港元， 主 要 歸 因 於 本 集 團 的 收 益 較 截 至 二 零 二 四 年 六 月 三 十 日 ...

格隆汇8月18日丨稻香控股(00573.HK)公布，公司将于2025年8月28日召开董事会会议，以（其中包括） 审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议（如 有）。 ...

香港交易及結算所有限公司以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，並明確表示概不會就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。 TAO HEUNG HOLDINGS LIMITED （股份代號：573） 香港，二零二五年八月十八日 於本公告日期，本公司董事會成員包括執行董事鍾偉平先生、黃家榮先生、何遠華先生及鍾震峰 先生；非執行董事方兆光先生及陳裕光先生；以及獨立非執行董事陳志輝教授、麥興強先生、吳 日章先生及黃歡青女士。 * 僅供識別 董事會會議通告 茲通告稻香控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議將 於二零二五年八月二十八日（ 星期四 ）上午十時正，於香港新界沙田火炭坳背灣街 13號舉行，藉以（ 其中包括 ）批准刊發本公司及其附屬公司其截至二零二五年六月 三十日止六個月之中期業績及考慮派發中期股息之建議（ 如有）。 承董事會命 鍾偉平 稻 香 控 股 有 限 公 司 * 主席及行政總裁 （ 於開曼群島註冊成立的有限公司） ...

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 | | | 致：香港交易及結算所有限公司 公司名稱: 稻香控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 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) | 00573 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 23,400,000,000 | HKD | | 0.1 | HKD | | 2,340,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 23,400,000,000 | HKD | | 0.1 | HKD | | 2,340,000,000 | 本月底法定/註冊股本總額： HKD 2,3 ...

Investment Dynamics - Menglong plans to invest several million dollars in its ice cream factory in Heppenheim, Germany, to establish new production lines, cold storage, and energy infrastructure [3] - The Heppenheim production line is expected to be established in 2024, with an annual output exceeding 2 billion units, primarily targeting the German market and some European countries [3] Financial Activities - Lancang Ancient Tea announced a placement of 24 million H-shares at HKD 2.46 per share, representing a discount of 16.61% from the closing price on July 25, aiming to raise approximately HKD 59 million for operational funding [6] - The placement shares account for 16% of the enlarged total share capital, with net proceeds estimated at around HKD 58.04 million [6] Strategic Partnerships - ADM has signed an exclusive agreement with Asahi Group, allowing Asahi to leverage ADM's extensive global network and R&D centers to expand its lactic acid bacteria ingredient business [9] Mergers and Acquisitions - Fuling Pickle is actively pursuing the acquisition of a 51% stake in Sichuan Weizimei Food Technology Co., Ltd., through a combination of share issuance and cash payment [12] - This acquisition is expected to enable Weizimei to quickly access advantageous resources and open up a second growth market through the extensive C-end distribution network of the listed company [12] Market Adjustments - Fast fashion brand GU, under Japan's Fast Retailing Group, confirmed the closure of its flagship store in Shanghai on August 24, 2025, as part of a strategic adjustment in the Chinese market [17] - The store, opened in 2013, was seen as a key entry point into the Chinese market, and its closure indicates a shift in operational strategy rather than an exit from the market [18] Financial Performance - Laopugold (HK: 6181) reported expected revenue of approximately RMB 12 billion to 12.5 billion for the first half of 2025, representing a year-on-year growth of about 241% to 255% [20] - The net profit is projected to be around RMB 2.23 billion to 2.28 billion, reflecting a year-on-year increase of approximately 279% to 288% [20] Technological Innovations - Unilever has launched the "AI for Science" innovation platform, developed by its Chinese R&D team, aimed at optimizing scientific research and product development through artificial intelligence [22] - This initiative highlights Unilever's exploration in AI technology application and provides new momentum for digital upgrades in the fast-moving consumer goods sector [22] Policy Developments - The national childcare subsidy scheme will be implemented starting January 1, 2025, providing annual subsidies of RMB 3,600 per child for those under three years old [23] - This initiative is part of a broader set of policies aimed at creating a more supportive environment for childbirth and child-rearing in the country [24] Leadership Changes - Pernod Ricard Korea has appointed Fadil Tasgin as the new CEO, effective September 1, with a background in various leadership roles within the company [27] - Tasgin is expected to lead the development of Pernod Ricard Korea by focusing on the tastes and needs of Korean consumers [27]

Financial Performance - The company reported revenue of HKD 2,425,635,000 for the year, a decrease of 17.8% compared to HKD 2,949,362,000 in the previous year[9]. - The net loss attributable to equity holders was HKD 52,801,000, a significant decline from a profit of HKD 73,655,000 in the prior year, representing a 171.7% decrease[9]. - The gross profit margin fell to 5.5%, down 50% from 11.0% in the previous year[9]. - EBITDA for the Hong Kong business was HKD 220,800,000, a decline of 31.2% from HKD 321,000,000 in the previous year[19]. - In 2024, the group's revenue from mainland China was HKD 801.3 million, a decrease of 31.3% compared to HKD 1,165.9 million in 2023[23]. - EBITDA for the mainland China business fell by 52.3% to HKD 90.1 million, down from HKD 189.1 million in the previous year[23]. - The group closed over 10 restaurants in mainland China, leading to a significant decline in revenue for that segment[23]. - The company reported a loss for the year ending December 31, 2024, with financial details available on pages 39 to 42 of the financial statements[97]. - The total comprehensive loss for the year ended December 31, 2024, was HKD 65,702,000, compared to a total comprehensive income of HKD 72,339,000 in 2023, marking a substantial turnaround in financial results[154]. - The company reported a fair value loss on investment properties of HKD 2,000,000 in 2024, which was not present in 2023, highlighting potential challenges in asset valuation[154]. Assets and Liabilities - Total assets decreased by 14.4% to HKD 1,874,536,000 from HKD 2,188,819,000[9]. - Cash and cash equivalents dropped by 38.2% to HKD 213,316,000 from HKD 345,146,000[9]. - Total equity decreased by 8.0% to approximately HKD 1,154,200,000 as of December 31, 2024, down from HKD 1,254,300,000 in 2023[28]. - Current assets totaled approximately HKD 520,200,000 and current liabilities totaled approximately HKD 499,300,000, resulting in a current ratio of about 1.04, down from 1.13 in 2023[28]. - The company’s total equity attributable to equity holders as of December 31, 2024, was HKD 1,154,163,000, a decrease from HKD 1,243,122,000 in 2023, reflecting the impact of losses on shareholder equity[156]. Dividends and Shareholder Returns - The company decided not to recommend a final dividend for the year ending December 31, 2024, compared to a dividend of HKD 3.00 per share in the previous year[18]. - The company paid dividends totaling HKD 30,430,000 in 2024, consistent with the previous year's dividend payments, indicating a stable dividend policy despite financial losses[155]. Strategic Initiatives - The company aims to enhance its core values by refining product offerings, improving service quality, and renovating restaurants to create a more attractive dining environment[16]. - The company plans to accelerate its digital transformation and focus on cost reduction and efficiency improvements[16]. - The group plans to expand its contract manufacturing business, which has shown significant sales growth, by developing more innovative products[21]. - The group has implemented a digital marketing strategy to attract a broader customer base, utilizing platforms like Xiaohongshu and WeChat[25]. - The company aims to explore overseas market opportunities in Southeast Asia, Australia, and the UK to promote its brand and cuisine[39]. Corporate Governance - The company emphasizes the importance of corporate governance through its various committees, including audit and remuneration[44][48]. - The company has adopted the Corporate Governance Code as per the Hong Kong Stock Exchange and complies with all applicable provisions, except for a deviation regarding the separation of the roles of Chairman and CEO[53]. - The board consists of ten members, including four executive directors, two non-executive directors, and four independent non-executive directors, ensuring a balanced composition for independent discussions[58]. - The company has a diversified board policy that considers factors such as gender, age, cultural background, and professional experience to achieve board diversity[62]. - The company has obtained annual independence confirmation from independent non-executive directors, affirming their independent status[112]. Operational Efficiency - The group successfully introduced non-local labor to alleviate staffing pressures, positively impacting operational efficiency despite stable overall costs[21]. - The company is focused on the overall operation of its food processing and logistics center in Dongguan[43]. - The management team emphasizes the core values of "Three Excellence," "Talent Development," "Integrity," and "Value Creation" to drive business growth and development[55]. Financial Reporting and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with local accounting regulations[171]. - The company ensures that financial statements are prepared in accordance with relevant laws and listing rules, reflecting the group's affairs and performance accurately[81]. - The audit committee's responsibilities include reviewing the financial reporting process and internal control systems[69]. - The auditor's report provides reasonable assurance that the financial statements are free from material misstatement, but cannot guarantee that all errors will be detected[142]. Market Presence and Expansion - The group has 45 restaurants in Hong Kong as of December 31, 2024, up from 43 in 2023[22]. - The company is expanding its market presence in mainland China with subsidiaries like Shenzhen Binhai Daoxiang Catering Co., Ltd. and Yingxi Palace Catering (Shenzhen) Co., Ltd.[163]. - The company operates primarily in the food and beverage sector, with 100% ownership in various subsidiaries focused on restaurant operations and food production[157]. Risk Management - The board is responsible for evaluating and determining the nature and extent of risks the group can undertake to achieve strategic objectives[83]. - The internal audit department operates independently and reports directly to the audit committee, providing objective assurance on risk management[85]. - The group assesses financial assets and liabilities at the acquisition date to classify and recognize them appropriately, including embedded derivatives in the acquired entity's main contracts[187].