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 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED 星 謙 發 展 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：640） 補充及澄清公告 茲提述星謙發展控股有限公司（「本公司」）日期為二零二五年八月二十五日的公 告（「該公告」），內容有關（其中包括）委任鄭炳發先生為本公司獨立非執行董事 及葉展榮先生退任本公司執行董事；及本公司日期為二零二五年八月二十五日的 董事名單及其角色與職能（「該名單」）。除非文義另有所指，本公告所用詞彙與該 公告所界定者具有相同涵義。 補充資料－更換授權代表 誠如該公告所披露，葉展榮先生已退任執行董事，自二零二五年八月二十五日起 生效。 董事會謹此補充，葉展榮先生已根據上市規則第3.05條不再擔任本公司的授權代 表（「授權代表」），於其退任執行董事後自二零二五年八月二十五日起生效。 董事 ...

星谦发展(00640)发布公告，该公司董事会已议决进行新加坡上市，惟须(其中包括)(i)待相关监管机构 (包括新交所)批准;(ii)达成完成新加坡上市所需的所有条件;及(iii)视乎新加坡上市时的现行市场氛围及状 况，方可作实。倘新加坡上市得以实现，公司将在香港交易所主板及新交所凯利板双重上市。 现有股份目前于香港交易所以每手4000股现有股份买卖。于股份合并生效后，买卖合并股份的每手买卖 单位将变更为每手2000股合并股份。 根据凯利板规则，发售于新交所上市的股份发行价不得低于每股0.20新元(即最低发行价)。于本公告日 期在香港交易所所报的每股股份收市价为1.22港元(相当于0.198新元)，低于最低发行价，因此公司建议 按每两股已发行及未发行现有股份合并为一股合并股份的基准进行股份合并。 ...

现有股份目前于香港交易所以每手4000股现有股份买卖。于股份合并生效后，买卖合并股份的每手买卖 单位将变更为每手2000股合并股份。 智通财经APP讯，星谦发展(00640)发布公告，该公司董事会已议决进行新加坡上市，惟须(其中包括)(i) 待相关监管机构(包括新交所)批准;(ii)达成完成新加坡上市所需的所有条件;及(iii)视乎新加坡上市时的现 行市场氛围及状况，方可作实。倘新加坡上市得以实现，公司将在香港交易所主板及新交所凯利板双重 上市。 根据凯利板规则，发售于新交所上市的股份发行价不得低于每股0.20新元(即最低发行价)。于本公告日 期在香港交易所所报的每股股份收市价为1.22港元(相当于0.198新元)，低于最低发行价，因此公司建议 按每两股已发行及未发行现有股份合并为一股合并股份的基准进行股份合并。 ...

INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED 星 謙 發 展 控 股 有 限 公 司 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：640） 董事名單及其角色與職能 星謙發展控股有限公司董事會（「董事會」）目前由七名董事組成，載列如下：– 執行董事 楊淵先生 （主席兼行政總裁） 葉嘉倫先生 Stephen Graham Prince先生 獨立非執行董事 李倩敏女士 陳永祐先生 董事會所設立之三個委員會的成員資料載列如下：– | | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | | 葉嘉倫先生 | | | M | | 李倩敏女士 | C | M | M | | 陳永祐先生 | M | C | M | | 陸東全先生 | M | M | C | | 鄭鵬發先生 | M | M | M | 附註： C： 相關委員會的主席 M： 相關委員會的成員 香港，二零二五年八月二十五日 （ 陸東全先生 鄭鵬發先生 ...

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: 2025年7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: 星謙發展控股有限公司 呈交日期: 2025年8月5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) | 00640 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊 ...

星謙發展控股有限公 司 Infinity Development Holdings Company Limited Incorporated in the Cayman Islands with limited liability 於開曼群島註冊成立之有限公司 Stock Code 股份代號 : 640 2025 Interim Report 中 期 報 告 CONTENTS 目錄 Pages 頁次 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Management Discussion and Analysis | 管理層討論及分析 | 4 | | Corporate Governance and Other Information | 企業管治及其他資料 | 10 | | Independent Review Report | 獨立審閱報告 | 14 | | Condensed Consolidated Statement of Profit or Loss | 簡明綜合損益表 | 16 | | Condensed Consolida ...

Financial Performance - Revenue for the six months ended March 31, 2025, was HKD 409,306,000, representing a 23.1% increase from HKD 332,498,000 in the same period of 2024[2] - Gross profit for the same period was HKD 153,394,000, up 22.8% from HKD 124,918,000 year-on-year[2] - Operating profit increased to HKD 70,784,000, a 38.1% rise compared to HKD 51,274,000 in the previous year[2] - Profit attributable to owners of the company was HKD 56,609,000, reflecting a 38.2% increase from HKD 40,991,000 in the prior period[2] - Basic earnings per share rose to HKD 0.1005, compared to HKD 0.0728 for the same period last year[2] - The company declared an interim dividend of HKD 5.1 cents per share for the six months ended March 31, 2025, compared to HKD 3.6 cents per share in 2024, totaling approximately HKD 28,731,000[34] Assets and Liabilities - Total assets as of March 31, 2025, were HKD 604,590,000, an increase from HKD 594,297,000 as of September 30, 2024[5] - Current assets totaled HKD 635,682,000, slightly down from HKD 643,072,000 in the previous period[5] - The company reported a net asset value of HKD 591,167,000, up from HKD 583,563,000 as of September 30, 2024[5] - As of March 31, 2025, the company held interest-bearing bank borrowings of HKD 31,000,000, a decrease from HKD 39,000,000 as of September 30, 2024[38] - The group had interest-bearing bank borrowings of HKD 31,000,000 as of March 31, 2025, down from HKD 39,000,000 as of September 30, 2024, and lease liabilities of approximately HKD 7,977,000, up from HKD 4,471,000[41] - The group's debt-to-equity ratio was approximately 6.6% as of March 31, 2025, compared to 7.4% as of September 30, 2024[41] - The current ratio was approximately 2.8 as of March 31, 2025, slightly down from 2.9 as of September 30, 2024[41] Taxation - The group reported a total tax provision of HKD 15,296,000 for the six months ended March 31, 2025, compared to HKD 8,788,000 in 2024, marking an increase of approximately 74.5%[14] - The group’s effective tax rate for subsidiaries in China is 25%, while a subsidiary recognized as a high-tech enterprise enjoys a reduced rate of 15%[15] - The group has not generated any income in Hong Kong for the periods ended March 31, 2025, and 2024, resulting in no provision for Hong Kong profits tax[18] Inventory and Receivables - The provision for trade receivables and other receivables was HKD 3,000,000 for the six months ended March 31, 2025, down from HKD 5,000,000 in 2024, indicating a decrease of 40%[19] - Inventory provision for the six months ended March 31, 2025, was HKD 7,695,000, slightly lower than HKD 7,786,000 for the same period in 2024, reflecting a decrease of about 1.2%[19] - Trade receivables aged 0 to 90 days were HKD 154,793,000 as of March 31, 2025, down from HKD 186,455,000 in 2024[25] Operational Focus and Strategy - The company continues to focus on the manufacturing and sales of adhesives and related products for shoe factories, with no significant changes in accounting policies reported[6][7] - The group has one operating segment focused on manufacturing and selling adhesives and related products for shoe factories, with performance evaluated on a consolidated basis[11] - The company is currently constructing a new manufacturing facility in Indonesia, which is expected to enhance cost competitiveness and service delivery once completed[34] - The company plans to continue investing in R&D to develop high-quality products that meet market demands, collaborating with international chemical companies and industry experts[36] - The company anticipates stable sales growth in the medium to long term due to increasing global demand for footwear and stricter quality requirements for adhesives[37] - The company will closely monitor its working capital management and adjust its business strategies as necessary in response to market developments and uncertainties[37] Other Comprehensive Income - Other comprehensive income for the period was a loss of HKD 18,584,000, compared to a gain of HKD 303,000 in the same period last year[4] Employee Expenses - Employee benefit expenses, including directors' remuneration, amounted to approximately HKD 61,208,000 for the six months ended March 31, 2025, compared to HKD 48,220,000 for the same period in 2024[47] Capital Commitments and Investments - The group had capital commitments of approximately HKD 35,950,000 for the acquisition of properties, machinery, and equipment as of March 31, 2025, down from HKD 51,347,000 as of September 30, 2024[44] - There were no significant investments, acquisitions, or disposals during the six months ended March 31, 2025[43] - The group did not adopt any share option schemes since July 22, 2020[48] Depreciation and Deferred Tax - Depreciation for property, plant, and equipment was HKD 5,630,000 for the six months ended March 31, 2025, compared to HKD 5,804,000 in 2024, showing a decrease of about 3%[19] - Deferred tax for the six months ended March 31, 2025, was HKD 311,000, down from HKD 1,470,000 in 2024, indicating a decrease of approximately 78.8%[14]

Financial Performance - For the fiscal year ending September 30, 2024, the group's revenue was approximately HKD 736,338,000, representing a growth of about 9.6% compared to HKD 671,750,000 for the previous year[8]. - The group's net profit for the fiscal year was approximately HKD 100,411,000, an increase of about 49.7% from HKD 67,054,000 in the prior year[18]. - Gross profit for the fiscal year was approximately HKD 277,440,000, reflecting a growth of about 32.7% from HKD 209,106,000 the previous year[14]. - Administrative expenses increased by approximately 19.0%, totaling about HKD 103,667,000 compared to HKD 87,143,000 in the previous year, primarily due to rising employee costs[16]. - Sales and distribution costs remained stable at approximately HKD 52,282,000 compared to HKD 51,521,000 in the previous year[15]. - The total dividend for the fiscal year will amount to HKD 0.090 per share, compared to HKD 0.065 per share in the previous year[9]. Capital and Investments - As of September 30, 2024, the company held interest-bearing bank loans of HKD 39,000,000, a decrease from HKD 85,000,000 as of September 30, 2023[26]. - The company's asset-liability ratio as of September 30, 2024, was approximately 7.4%, down from 17.4% as of September 30, 2023[29]. - As of September 30, 2024, the company had capital commitments of approximately HKD 51,347,000 for the acquisition of properties, machinery, and equipment, up from HKD 11,262,000 as of September 30, 2023[33]. - The company has entered into an agreement to purchase machinery and production equipment for a new manufacturing facility in Indonesia for USD 4,250,000 (approximately HKD 33,150,000)[35]. Employee and Management - The company employed a total of 423 employees as of September 30, 2024, an increase from 411 employees as of September 30, 2023[37]. - Employee benefit expenses, including director remuneration, amounted to approximately HKD 109,735,000 for the year ended September 30, 2024, compared to approximately HKD 92,367,000 for the year ended September 30, 2023[37]. - The average training hours per employee was 16.2, with 319 employees receiving training in the fiscal year ending September 30, 2024[198]. - Senior management received an average of 30 training hours, while general employees received an average of 15.4 hours[198]. - The company has a zero-accident and zero-injury goal for its business processes moving forward[193]. Corporate Governance - The board consists of eight members, including four executive directors and four independent non-executive directors[49]. - All directors confirmed compliance with the standard code of conduct for securities trading as of September 30, 2024[45]. - The board held a total of six meetings, with attendance rates for executive directors ranging from 5/5 to 6/6[52]. - Independent non-executive directors provided independent professional judgment on the group's development, performance, and risk management[51]. - The company has established a nomination committee responsible for reviewing the composition and structure of the board[58]. - The company has adopted a policy for the appointment, re-election, and removal of directors, requiring re-election at least every three years[58]. Environmental, Social, and Governance (ESG) - The company is committed to reducing emissions and has established clear short-term and long-term sustainability goals in accordance with government requirements[121]. - The environmental, social, and governance (ESG) framework is integrated into daily operations, with the board responsible for overseeing all ESG matters[133]. - The company aims to enhance its internal data collection mechanisms and gradually expand the scope of disclosures as needed[126]. - The company reported a total greenhouse gas emissions of 2,488 metric tons CO2 equivalent for the year ending September 30, 2024, a decrease of 19.6% from 3,095 metric tons in 2023[161]. - The company achieved ISO 14001:2015 certification for its environmental management system, demonstrating its commitment to sustainable development[157]. Safety and Compliance - The company has implemented a comprehensive safety system to manage health and safety risks, including regular safety training for employees[192]. - The company has developed emergency response solutions for incidents such as fires and chemical leaks to minimize personnel casualties[193]. - The company has established a mechanism for employees to report labor violations, ensuring the protection of labor rights[199]. - The company has a strict policy against employing individuals under the legal working age of 18[199]. - No labor disputes occurred between the company and its employees during the reporting period[199].

Financial Performance - For the fiscal year ending September 30, 2024, the company reported total revenue of HKD 736,338,000, an increase of 9.6% from HKD 671,750,000 in the previous year[1] - Gross profit for the same period was HKD 277,440,000, up 32.7% from HKD 209,106,000 year-on-year[1] - Operating profit increased to HKD 123,672,000, representing a growth of 51.7% compared to HKD 81,497,000 in the prior year[1] - The net profit attributable to the company's owners for the year was HKD 100,411,000, a significant rise of 49.8% from HKD 67,054,000 in the previous year[1] - Basic earnings per share increased to HKD 17.82, up from HKD 11.90, reflecting a growth of 49.0%[1] - Total comprehensive income attributable to the company's owners was HKD 113,521,000, compared to HKD 63,883,000 in the previous year, marking an increase of 77.8%[3] - The company's profit attributable to owners for the year ended September 30, 2024, was HKD 100,411,000, compared to HKD 67,054,000 for the year ended September 30, 2023, representing a significant increase[33] - Profit attributable to the owners of the company was approximately HKD 100,411,000, marking an increase of about 49.7% from HKD 67,054,000[48] Assets and Liabilities - Non-current assets totaled HKD 176,357,000, an increase from HKD 144,801,000 in the previous year[5] - Current assets increased to HKD 643,072,000 from HKD 600,194,000, reflecting a growth of 7.1%[5] - The company's total assets less current liabilities amounted to HKD 594,297,000, up from HKD 520,792,000, indicating a growth of 14.1%[5] - The company's equity totalled HKD 583,563,000, an increase from HKD 513,420,000, representing a growth of 13.6%[5] - Trade receivables increased to HKD 221,094,000 as of September 30, 2024, from HKD 168,950,000 as of September 30, 2023, indicating a growth in sales[36] - The company's trade receivables, notes receivable, and other receivables net amount totaled HKD 218,323,000 as of September 30, 2024, up from HKD 178,098,000 as of September 30, 2023, indicating a positive trend in receivables management[36] - Trade payables increased to HKD 55,542,000 in 2024 from HKD 36,555,000 in 2023[38] Taxation and Expenses - The total income tax expense for 2024 was HKD 21,405,000, compared to HKD 13,994,000 in 2023, marking an increase of about 53.0%[23] - The company did not make any provisions for corporate income tax in various jurisdictions, including Singapore and Taiwan, due to the absence of taxable profits for the year ended September 30, 2024[27][28] - The company's corporate income tax rate in China remains at 25% for the year ended September 30, 2024, with a preferential rate of 15% applicable to its subsidiary Zhuhai Zetao, which was recognized as a high-tech enterprise[24] - Administrative expenses rose to approximately HKD 103,667,000, an increase of about 19.0% from HKD 87,143,000, primarily due to higher employee costs[46][47] - The total R&D expenses for the year ended September 30, 2024, were HKD 3,404,000, slightly down from HKD 3,438,000 for the previous year, reflecting ongoing investment in innovation[29] - Employee benefit expenses, including directors' remuneration, amounted to approximately HKD 109,735,000 for the year ended September 30, 2024, up from HKD 92,367,000 for the year ended September 30, 2023[66] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 3.6 cents per share for the year ended September 30, 2024, compared to HKD 2.4 cents per share for the year ended September 30, 2023[32] - The company proposed a final dividend of HKD 0.054 per share for the year ended September 30, 2024, compared to HKD 0.033 per share for the previous year, resulting in a total dividend of HKD 0.090 per share[70] Investments and Future Plans - The group is currently constructing a new manufacturing facility on industrial land acquired in Indonesia, aiming to enhance cost competitiveness and service delivery[50] - The group plans to continue investing in R&D to develop high-quality, environmentally friendly products in collaboration with international chemical companies[52] - As of September 30, 2024, the company had capital commitments of approximately HKD 51,347,000 for the acquisition of properties, machinery, and equipment, significantly up from HKD 11,262,000 as of September 30, 2023[62] - The company entered into an agreement to purchase machinery and production equipment for a new manufacturing facility in Indonesia for USD 4,250,000 (approximately HKD 33,150,000) post-reporting period[64] Compliance and Governance - The group adopted the revised Hong Kong Accounting Standard No. 1 and the revised Hong Kong Financial Reporting Standard No. 2 for the first time this year, impacting the disclosure of accounting policies in the consolidated financial statements[11] - The group has not early adopted new standards that will take effect on January 1, 2024, which may impact future financial reporting[13] - The revised Hong Kong Financial Reporting Standard No. 18 will require entities to categorize all income and expenses into five categories starting from 2027[15] - The group is currently assessing the impact of new standards on the structure of its income statement and cash flow statement[16] - The independent auditor confirmed that the financial statements for the year ending September 30, 2024, are consistent with the audited consolidated financial statements[78] General Information - The group operates in a single reportable segment focused on manufacturing and selling adhesive products for shoe factories[17] - The annual general meeting for the fiscal year ending September 30, 2024, is scheduled to be held on a date determined by the board of directors[77] - The annual performance announcement and annual report will be published on the Hong Kong Stock Exchange and the company's website at an appropriate time[79] - The company expresses gratitude to customers, suppliers, business partners, and shareholders for their support over the past year[80] - The board of directors includes four executive directors and four independent non-executive directors as of the announcement date[81]

Financial Performance - The revenue for the six months ended March 31, 2024, was approximately HK$332,498,000, compared to approximately HK$358,656,000 for the same period in 2023, indicating stability[12]. - Gross profit increased by approximately 17.9%, reaching approximately HK$124,918,000 for the six months ended March 31, 2024, up from approximately HK$105,965,000 in 2023[12]. - Other income rose by approximately 75.4%, totaling approximately HK$6,087,000 for the six months ended March 31, 2024, compared to approximately HK$3,471,000 in 2023[12]. - Profit attributable to owners of the Company for the six months ended March 31, 2024, was approximately HK$40,991,000, representing an increase of approximately 48.8% from approximately HK$27,539,000 in 2023[14]. - Profit for the period increased to HK$40,991,000, representing a 48.5% increase compared to HK$27,539,000 in the same period last year[79]. - Total comprehensive income for the period attributable to owners of the Company was HK$41,294,000, up from HK$30,493,000, reflecting a 35.5% increase[80]. - Profit from operations rose to HK$51,274,000, representing a 47.4% increase from HK$34,750,000 in 2023[94]. - Basic earnings per share increased to HK7.28 cents, up from HK4.89 cents in the previous year, reflecting a growth of 48.9%[94]. Cost Management - Selling and distribution costs decreased by approximately 13.7%, amounting to approximately HK$22,622,000 for the six months ended March 31, 2024, down from approximately HK$26,225,000 in 2023[12]. - Administrative expenses remained stable at approximately HK$53,005,000 for the six months ended March 31, 2024, compared to approximately HK$49,936,000 in 2023[12]. - Employee benefits expense for the six months ended March 31, 2024, amounted to approximately HK$48,220,000, slightly down from approximately HK$48,613,000 for the same period in 2023[24]. - The Group is committed to strengthening operational cost control in response to high inflation and decreased purchasing power in the market[15]. Financial Position - As of March 31, 2024, the Group had interest-bearing bank borrowings of HK$62,000,000, down from HK$85,000,000 as of September 30, 2023[21]. - The Group's gearing ratio as of March 31, 2024, was approximately 12.1%, a decrease from approximately 17.4% as of September 30, 2023[21]. - The current ratio of the Group improved to approximately 2.9 as of March 31, 2024, compared to approximately 2.7 as of September 30, 2023[21]. - Total liabilities increased to HK$539,605,000 from HK$520,792,000, reflecting a growth of 3.6%[83]. - Total current assets as of March 31, 2024, were HK$603,856,000, slightly up from HK$600,194,000 in 2023[99]. - Total equity as of March 31, 2024, was HK$531,617,000, up from HK$513,420,000 in 2023, reflecting a growth of 3.2%[102]. Investments and Commitments - The Group plans to invest in and develop its OEM business proactively to broaden its revenue base[19]. - As of 31 March 2024, the Group had capital commitments of approximately HK$3,041,000, a decrease from approximately HK$11,262,000 as of 30 September 2023[30]. - A construction works contract was entered into for a manufacturing plant in Indonesia, with a fixed consideration of Rp117,766,000,000 (approximately HK$57,085,000)[30]. Dividends - The Board declared an interim dividend of HK3.6 cents per ordinary share for the six months ended 31 March 2024, an increase from HK2.4 cents for the same period last year[27]. - The final dividend for the year ended 30 September 2023 was approved and paid at HK3.3 cents per ordinary share, down from HK4.3 cents for the previous year[152]. - An interim dividend of HK3.6 cents per ordinary share was declared for the six months ended 31 March 2024, totaling approximately HK$20,281,000, compared to HK$13,520,000 for the same period in 2023[175]. Operational Overview - The Group operates three manufacturing plants located in China, Vietnam, and Indonesia, with a new plant under construction in Indonesia to enhance cost competitiveness and service capabilities[15]. - The Group operates in a single segment focused on manufacturing and selling adhesives, primers, hardeners, and vulcanized shoes adhesive products for footwear manufacturers[121]. - The Group's financial statements are prepared in accordance with Hong Kong Accounting Standard 34, ensuring compliance with local regulations[110]. Taxation - The Group's provision for the PRC Enterprise Income Tax for the period was HK$190,000, with Macau Complementary Tax at HK$6,096,000[147]. - The Group's overall tax provision reflects a significant increase in tax expenses compared to the previous period, indicating a potential impact on net profit[165]. Corporate Governance - The Company complied with the Corporate Governance Code provisions for the six months ended 31 March 2024[27]. - All Directors confirmed compliance with the Model Code for Securities Transactions throughout the reporting period[27]. - The audit committee, consisting of four independent non-executive Directors, has reviewed the condensed consolidated financial statements for the six months ended March 31, 2024[62].