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10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: 環科國際集團有限公司 呈交日期: 2025年11月3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) | 00657 | 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 | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法定/註冊 ...

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 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 之 任 何 損 失 承 擔 任 何 責 任 。 G-Vision International (Holdings) Limited 環科國際集團有限公司* ( 於百慕達註冊成立之有限公司 ) (股份代號: 657) 根據《上市規則》第 14.36 條 作出的公告 茲提述本公司《2021 年公告》內容有關漢順發展就該物業獲業主接納的《租賃要約》。 本公告乃本公司根據《上市規則》第 14.36 條的規定而作出。 《退租協議》 如《2021 年公告》所披露，於 2021 年 7 月 12 日，本公司的間接全資附屬公司漢順發展向 業主提交《租賃要約》，提出向業主租賃該物業，為期五年，自 2021 年 9 月 1 日起至 2026 年 8 月 31 日為止，並獲業主 ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 環科國際集團有限公司 呈交日期: 2025年10月3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) | 00657 | 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 | | 0.1 HKD | | | 500,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 HKD | | | 500,000,000 | 本月底法定/註冊股 ...

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8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: 環科國際集團有限公司 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00657 | 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 | | | 1,946,314,108 | | | | 1,946,314,108 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 1,946,314,108 | | 0 | | 1,946,314,108 | 第 2 頁 共 10 頁 v 1.1.1 III.已發行股份及/ ...

G-VISION INTERNATIONAL (HOLDINGS) LIMITED 環 科 國 際 集 團 有 限 公 司 （於 百 慕 達 註 冊 成 立 之 有 限 公 司） （股份代號 ：657） 於2025年8月21日舉行之 股東週年大會投票結果 董事會欣然宣布，載於日期為2025年7月16日之股東週年大會通告內之所有決議案， 已於2025年8月21日舉行之股東週年大會上，以股數投票方式正式通過。 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 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 通 告 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。 本公司之香港股份過戶登記分處香港中央證券登記有限公司獲委聘為是次股東週年大 會之點票監票員。 所有本公司董事均親身出席或以電話參與股東週年大會。 1 * 有關提呈股東週年大會表決之各項決議案之股數投票結果如下： | | 普通決議案(附註) | 票數 (%) | | ...

Group 1 - The core point of the article is that Hongxin Electronics plans to invest in a green intelligent digital infrastructure project in collaboration with the government of Qingyang, with a total investment of approximately 12.8 billion yuan [1] - The project will be constructed in phases and includes the establishment of a high-performance intelligent computing center, a high-performance computing server modification and maintenance base, and a national integrated computing network cluster in Qingyang [2][3] - The high-performance intelligent computing center will be built to national data center A-level standards, capable of accommodating over 2,500 high-power 20kW cabinets and deploying at least 40,000 PFlops of computing power upon completion [2][3] Group 2 - The project aims to create a cross-regional computing network that efficiently matches computing demands from regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau with Qingyang's green computing capabilities [3] - The Qingyang government is providing various favorable policies to support the project, including land and energy guarantees, financing subsidies, and talent support, which significantly alleviates the company's funding needs for its computing business [4] - Hongxin Electronics reported a revenue of 1.587 billion yuan in the first quarter, a year-on-year decrease of 4.97%, and a net profit of 6.8007 million yuan, down 75.80% year-on-year, indicating challenges in its current operations [4]

Group 1 - The company announced a joint investment framework agreement with the People's Government of Qingyang to build a green intelligent digital infrastructure project with a total investment of 12.8 billion yuan [1] - The project will be constructed independently by the company or in partnership with ecological partners, focusing on high-performance computing centers and related facilities [2][3] - The high-performance computing center will meet national data center A-level standards and is expected to accommodate over 2,500 high-power 20kW cabinets, deploying at least 40,000 PFlops of computing power [2] Group 2 - The project aims to create a national integrated computing network cluster in Qingyang, enhancing data security and privacy protection while promoting AI technology in various sectors [3] - The company is set to benefit from numerous favorable policies from the Qingyang government, which will alleviate funding needs for its computing business [4] - The company reported a revenue of 1.587 billion yuan in Q1, a decrease of 4.97% year-on-year, and a net profit of 6.8007 million yuan, down 75.80% year-on-year [4]

Core Viewpoint - Hongxin Electronics plans to invest 12.8 billion yuan in a green computing project in Qingyang City, which is expected to significantly enhance its computing power business and meet the growing demand for artificial intelligence computing power across various industries [1][2][3] Group 1: Investment Details - The investment project involves a total planned investment of approximately 12.8 billion yuan, with a construction area of about 500 acres [2] - The project will be developed independently by the company or through a joint venture with ecological partners in the Eastern Data and Western Computing Industrial Park in Qingyang, Gansu [2] - The project includes the establishment of a high-performance computing center, server upgrades, a research institute for domestic computing power adaptation, a national computing scheduling platform, and a trusted data space for the integrated computing network [2] Group 2: Financial Aspects - As of the end of Q1 this year, the company had approximately 380 million yuan in cash and total assets of about 6.76 billion yuan [2] - The funding sources for the project will include the company's own funds (including equity financing), self-raised funds (including national policy funds, syndicate loans, and financing from other financial institutions), and contributions from partners [3] - The local government of Qingyang is providing various favorable policies, including land and energy guarantees, financing interest subsidies, and support for national long-term bonds, which will alleviate the company's funding needs for the computing power business [3] Group 3: Strategic Importance - The project is expected to effectively meet the rapidly growing demand for artificial intelligence computing power across various sectors, serving as a significant growth point for the company's future operations [3] - The development of this project is considered a milestone for the company's growth and operational development [3]

截至月份: 2025年7月31日 狀態: 新提交 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: 環科國際集團有限公司 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) | 00657 | 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 | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法定/註冊股本 ...

[Corporate Information](index=2&type=section&id=Corporate%20Information) This section provides essential administrative and contact information, including board members, principal bankers, auditors, legal advisors, registered office, principal place of business, share registrar, company website, and stock code - Board members include Executive Directors Cheng Pak Man (Chairman), Cheng Pak Lai (Managing Director), Cheng Pak Ming, and Independent Non-Executive Directors Hung Chi Yuen, Yuen Siu Cheung, Lo Kwok Tai[5](index=5&type=chunk)[6](index=6&type=chunk) - The company's auditor is BDO Limited (Hong Kong)[5](index=5&type=chunk)[6](index=6&type=chunk) - The company's stock code is **00657**[10](index=10&type=chunk) [Chairman's Statement](index=4&type=section&id=Chairman's%20Statement) The Chairman's Statement reports a slight 1.4% consolidated revenue growth and narrowed net loss for FY2025, with Tsim Sha Tsui branch revenue growing double-digits post-renovation, while Kwun Tong branch revenue significantly declined due to cross-border consumption and economic pressures; the Board recommends no final dividend, anticipating a challenging operating environment and focusing on cautious expansion in mid-sized restaurants and diversified investment opportunities 2025 Fiscal Year Key Financial Data (Chairman's Statement) | Indicator | 2025 (Million HKD) | 2024 (Million HKD) | Change (Million HKD) | YoY Change (%) | | :--- | :----------------- | :----------------- | :--------------- | :----------- | | Consolidated Revenue | 50.2 | 49.5 | +0.7 | +1.4% | | Net Loss | (5.4) | (6.2) | +0.8 (Loss narrowed) | -12.9% | | Loss per Share | (0.28) HK cents | (0.32) HK cents | +0.04 (Loss narrowed) | -12.5% | - The Board has resolved not to recommend any final dividend for the year ended March 31, 2025 (2024: nil)[13](index=13&type=chunk)[17](index=17&type=chunk) - The Tsim Sha Tsui branch, after renovation completion in early April 2024, showed continuous revenue improvement with **double-digit growth**, primarily due to new decor attracting more business and private events, 40th-anniversary promotions, and increased Southeast Asian tourists[14](index=14&type=chunk)[19](index=19&type=chunk) - Kwun Tong branch revenue significantly declined, mainly due to increased preference for Hong Kong residents to cross the border for shopping and dining in mainland China, coupled with economic pressures and rising interest rates leading to cautious consumer spending[21](index=21&type=chunk)[24](index=24&type=chunk) - The Group anticipates an extremely difficult operating environment in the coming year, with a strategy to focus on opening or operating mid-sized restaurants, adopting a more cautious approach to expansion and capital investment, and seeking new investment opportunities in Hong Kong, mainland China, and Australia to diversify revenue sources[22](index=22&type=chunk)[25](index=25&type=chunk)[26](index=26&type=chunk) [Management Discussion and Analysis](index=7&type=section&id=Management%20Discussion%20and%20Analysis) This section details the Group's financial performance, attributing the narrowed net loss to increased revenue, reduced staff costs, and higher interest income; strong Tsim Sha Tsui performance was offset by a significant decline in Kwun Tong revenue, while the Group maintains ample liquidity with no bank loans and reiterates its cautious business development and diversified investment strategy 2025 Fiscal Year Financial Review (Management Discussion and Analysis) | Indicator | 2025 (Million HKD) | 2024 (Million HKD) | Change (Million HKD) | YoY Change (%) | | :--- | :----------------- | :----------------- | :--------------- | :----------- | | Consolidated Revenue | 50.2 | 49.5 | +0.7 | +1.4% | | Net Loss | (5.4) | (6.2) | +0.8 (Loss narrowed) | -12.9% | | Gross Profit | Maintained last year's level | Maintained last year's level | - | - | | Other Income and Losses | 1.8 | 1.4 | +0.4 | +28.6% | | Staff Costs | 23.1 | 23.4 | (0.3) | -1.3% | | Depreciation | 0.4 | 0.2 | +0.2 | +100.0% | - The reduction in net loss was primarily due to increased revenue, decreased staff costs, and higher interest income[29](index=29&type=chunk)[34](index=34&type=chunk) - Gross profit remained at last year's level, as increased food costs of approximately **4%** and a **0.7%** decline in gross profit margin offset the impact of higher revenue[30](index=30&type=chunk)[35](index=35&type=chunk) - Other income and losses increased by approximately **HKD 0.4 million**, mainly driven by a **HKD 1 million** increase in interest income and a **HKD 0.5 million** increase in imputed interest income from a director's loan, but with no COVID-19 related rental concessions (2024: approximately HKD 1.1 million)[31](index=31&type=chunk)[36](index=36&type=chunk) - Following the completion of renovation works at Tsim Sha Tsui Chiu Chow City Restaurant in early April 2024, revenue increased by approximately **13%** year-on-year, but this was fully offset by a year-on-year revenue decrease of approximately **14%** at the Kwun Tong restaurant[46](index=46&type=chunk)[48](index=48&type=chunk) - Kwun Tong branch revenue significantly declined, mainly due to increased preference for Hong Kong residents to cross the border for shopping and dining in mainland China, coupled with economic pressures and rising interest rates leading to cautious consumer spending[46](index=46&type=chunk)[48](index=48&type=chunk) - As of March 31, 2025, the Group's bank and cash balances were approximately **HKD 21 million**, with no bank loans, a **zero debt-to-equity ratio**, and sufficient working capital[50](index=50&type=chunk)[55](index=55&type=chunk)[56](index=56&type=chunk) - The Group's primary sales, purchases, and cash balances are denominated in HKD, with foreign exchange risk mainly arising from AUD-denominated bank deposits and a director's loan; management will closely monitor and consider hedging[52](index=52&type=chunk)[58](index=58&type=chunk) - The Group's business model and strategy aim to create positive returns for shareholders through sustainable development and seek growth by offering innovative products/services, strict cost control, and business diversification, including exploring new investment opportunities in Hong Kong, mainland China, and Australia[62](index=62&type=chunk)[65](index=65&type=chunk)[66](index=66&type=chunk) [Corporate Governance Report](index=12&type=section&id=Corporate%20Governance%20Report) This report outlines the Group's corporate governance practices, including compliance with Listing Rules and addressing minor deviations like the resolved separation of Chairman and CEO roles; it details the Board's composition, responsibilities, and the operations of its Remuneration, Nomination, and Audit Committees, emphasizing risk management, internal controls, and shareholder communication [Corporate Governance Code](index=12&type=section&id=Corporate%20Governance%20Code) The company adopted the Corporate Governance Code in Appendix C1 Part 2 of the Listing Rules, complying with its provisions for FY2025, except for C.2.1 (separation of Chairman and CEO roles, now resolved) and C.3.3 (directors' appointment letters, addressed by reference to guidelines) - The Company has adopted the Corporate Governance Code as set out in Appendix C1 Part 2 of the Listing Rules[71](index=71&type=chunk) - For the year ended March 31, 2025, the Company has complied with the code provisions of the Corporate Governance Code, except for code provision C.2.1 (roles of Chairman and Chief Executive to be separate) and C.3.3 (directors' appointment letters)[69](index=69&type=chunk)[71](index=71&type=chunk) - The deviation from code provision C.2.1 was resolved following Mr. Cheng Hop Fai's retirement as Chairman of the Board on August 16, 2024, and Ms. Cheng Pak Man's appointment as Chairman of the Board and Ms. Cheng Pak Lai's appointment as Managing Director[69](index=69&type=chunk)[72](index=72&type=chunk)[110](index=110&type=chunk)[112](index=112&type=chunk) - For directors without formal appointment letters, the Company requires them to perform their duties by referring to guidelines such as the "Guidelines on Directors' Duties" and "A Guide for Directors" to meet the objective of code provision C.3.3[73](index=73&type=chunk)[76](index=76&type=chunk) [Directors' Securities Transactions](index=13&type=section&id=Directors'%20Securities%20Transactions) The company adopted the Model Code in Appendix C3 of the Listing Rules for directors' securities transactions, and all directors confirmed compliance for the year ended March 31, 2025 - The Company has adopted the Model Code as set out in Appendix C3 of the Listing Rules as its own code of conduct regarding directors' securities transactions[74](index=74&type=chunk)[77](index=77&type=chunk) - All Directors confirmed that they have complied with the required standards set out in the Model Code for the year ended March 31, 2025[74](index=74&type=chunk)[77](index=77&type=chunk) [Board of Directors](index=13&type=section&id=Board%20of%20Directors) The Board comprises three Executive and three Independent Non-Executive Directors, ensuring diverse expertise and compliance with Listing Rules; members retire by rotation and are eligible for re-election, with detailed meeting minutes and opportunities for INEDs to meet the Chairman privately, confirming effective mechanisms for independent input - The Board currently comprises three Executive Directors and three Independent Non-Executive Directors, complying with Listing Rules 3.10(1), 3.10(2), and 3.10A[75](index=75&type=chunk)[78](index=78&type=chunk)[85](index=85&type=chunk)[87](index=87&type=chunk) - Board members possess core competencies in accounting and finance, business management, industry knowledge, and marketing strategies, ensuring Board diversity[84](index=84&type=chunk)[86](index=86&type=chunk) - All Directors are required to retire by rotation at least once every three years and are eligible for re-election[80](index=80&type=chunk)[81](index=81&type=chunk)[97](index=97&type=chunk) 2025 Fiscal Year Board and General Meeting Attendance | Director Name | Board Attendance | General Meeting Attendance | | :--- | :--- | :--- | | Cheng Hop Fai (retired on August 16, 2024) | 1/6 | 1/1 | | Cheng Pak Ming | 3/6 | 1/1 | | Cheng Pak Man | 3/6 | 1/1 | | Cheng Pak Lai | 3/6 | 1/1 | | Lo To Ming (retired on August 16, 2024) | 3/6 | 0/1 | | Hung Chi Yuen | 6/6 | 1/1 | | Yuen Siu Cheung | 6/6 | 1/1 | | Lo Kwok Tai (appointed on June 19, 2024) | 4/6 | 1/1 | - The Chairman of the Board meets with the Independent Non-Executive Directors at least once a year to discuss any issues and concerns, without the presence of other Directors[94](index=94&type=chunk) [Financial Reporting](index=17&type=section&id=Financial%20Reporting) Directors confirm responsibility for preparing financial statements that truly and fairly reflect the Group's financial position, ensuring compliance with accounting standards and statutory rules, and the Board is unaware of any material uncertainties that could significantly question the company's going concern ability - Directors confirm their responsibility for preparing the Group's financial statements, which truly and fairly reflect the Group's financial position, and ensuring compliance with applicable accounting standards, statutory rules, and guidelines[98](index=98&type=chunk)[100](index=100&type=chunk) - The Board is not aware of any material uncertainties that could cast significant doubt upon the Company's ability to continue as a going concern[98](index=98&type=chunk)[100](index=100&type=chunk) [Risk Management and Internal Controls](index=17&type=section&id=Risk%20Management%20and%20Internal%20Controls) The Board is responsible for establishing, maintaining, and reviewing risk management and internal control systems to provide reasonable assurance of financial and operational information reliability, operational effectiveness, and asset safeguarding; the Group's internal audit function regularly reviews key control areas and reports to the Audit Committee, ensuring independent, effective, and adequately resourced systems - The Board acknowledges its overall responsibility for establishing, maintaining, and reviewing the risk management and internal control systems to provide reasonable assurance regarding the reliability and integrity of financial and operational information, effectiveness and efficiency of operations, safeguarding of assets, and compliance with laws and regulations[99](index=99&type=chunk)[101](index=101&type=chunk) - The Group's risk management and internal control systems are based on an internal control manual and governed by principles such as organization, segregation of duties, physical controls, authorization and approval, computation and accounting, personnel, supervision, and management[102](index=102&type=chunk)[108](index=108&type=chunk) - The Group maintains an internal audit function responsible for reviewing key operational and financial controls, risk management, and internal control systems, reporting directly to the Chairman of the Audit Committee[109](index=109&type=chunk)[111](index=111&type=chunk) - The Audit Committee is satisfied that the internal audit function is independent, effective, staffed with appropriately qualified and experienced personnel, adequately resourced, and holds an appropriate standing to fulfill its responsibilities[109](index=109&type=chunk)[111](index=11