Core Viewpoint - The pursuit of stable returns by investors has become a clear consensus amid the dual backdrop of the "Nine Policies" promoting dividends and increasing market volatility, with high dividend strategies emerging as a stabilizing force in the capital market [1][8]. Group 1: Dividend Strategy and Performance - The company has proposed a total dividend of HKD 10.96 billion for the fiscal year ending December 31, 2024, including an interim dividend of HKD 2.09 billion and a final dividend of HKD 8.88 billion [1][2]. - Since 2018, the company has cumulatively distributed dividends amounting to HKD 51.92 billion, showcasing strong profitability and cash flow management [3][4]. - The company has maintained a dual dividend model of interim and final dividends for five consecutive years from 2020 to 2024, providing predictable returns for long-term investors [4][5]. Group 2: Business Stability and Growth Potential - The company's dividend yield has consistently ranged between 5% and 8%, significantly exceeding bank deposit rates and most fixed-income products, making it attractive for investors seeking stable returns [5][6]. - The company has a strong asset quality, with new parking projects at major international airports contributing to sustainable revenue and cash flow [6][7]. - The company has established a competitive edge through its asset financing business, benefiting from policy incentives and the expansion of the public REITs market [6][7]. Group 3: Credit Rating and Market Position - The company's continuous dividend record supports its credit rating and optimizes financing costs, creating a virtuous cycle [7]. - In 2024, the company received an AAA credit rating from two credit rating agencies, reflecting its financial health and stability [7]. Group 4: Conclusion - The company's long-standing high dividend practice not only validates its profitability and financial health but also demonstrates a commitment to sharing development results with shareholders [8]. - In an increasingly uncertain market environment, the company's seven-year dividend history enhances its long-term investment value, making it a worthy addition for investors focused on cash flow returns [8].

Core Viewpoint - The company has demonstrated strong financial performance and growth potential in the robotics industry, leading to significant market interest and a stock price increase of 91% over 12 trading days starting February 7 [1] Financial Performance - For the fiscal year 2024, the company reported revenue of HKD 1.215 billion, a year-on-year increase of 37.5%, and a gross profit of HKD 507 million, up 41% [1] - The company has high liquidity assets amounting to HKD 4.368 billion and a low debt-to-asset ratio of 31.2%, significantly below the industry average [1][2] - The board proposed a total dividend and special dividend of HKD 888 million for the fiscal year ending December 31, 2024, along with a mid-year dividend of HKD 208 million, totaling HKD 1.096 billion [1] Business Model and Strategy - The company's business model, termed "Asset Circulation + Intelligent Operation," has been pivotal in achieving operational efficiency and cash flow stability [3] - The asset operation segment generated revenue of HKD 921 million, reflecting a 40% increase, driven by expansion in parking lots and industrial parks [3][4] - The company has established a comprehensive network in parking asset management, enhancing operational efficiency through technology [4] Expansion and Investment - The company has launched two major funds aimed at infrastructure investment, with a total scale of HKD 10 billion, indicating strong growth potential in its asset financing business [7][8] - The REITs market recovery has positively impacted the company's asset financing segment, which saw a revenue increase of 31% to HKD 284 million in 2024 [8][9] - The company has also made significant investments in the robotics sector, establishing a fund with a total scale of RMB 10 billion to support the entire robotics industry chain [9][10] Future Outlook - The company is expected to maintain a stable growth trajectory supported by its strong financial foundation and proactive shareholder return strategies, which may enhance its valuation in the capital market [11][12] - The management's confidence in future growth is reflected in the announced dividend and share buyback plans, totaling HKD 1.396 billion [11]

Core Insights - The company reported a strong performance for 2024, with revenue reaching HKD 1.215 billion, a 37.5% increase year-on-year, and gross profit of HKD 507 million, up 41% from the previous year, showcasing its operational excellence and growth momentum [1][2] - The board proposed a total dividend of HKD 888 million, significantly higher than industry peers, reflecting the company's commitment to shareholder returns [1][2] Financial Performance - Revenue for 2024 was HKD 1.215 billion, a 37.5% increase compared to the previous year [1] - Gross profit reached HKD 507 million, representing a 41% year-on-year growth [1] - The company maintained a healthy asset structure with cash reserves exceeding HKD 2.6 billion [1] Dividend Policy - The proposed total dividend of HKD 888 million for the year ending December 31, 2024, demonstrates a strong commitment to shareholder returns [1] - Since 2018, the total dividends distributed have reached HKD 5.192 billion, with most annual distributions ranging between HKD 700 million to HKD 800 million [1] Business Expansion - The company expanded its parking asset management by adding operations at major airports and securing projects in key regions, reinforcing its leading position in the parking sector [2] - The company manages over 1 million square meters of area in industrial parks and rental housing, with a reserve of over 10 million square meters [2] Asset Management and Investment - The company established two large-scale REITs with insurance partners, enhancing asset circulation efficiency [3] - It participated in strategic investments in various REITs, broadening its investment asset coverage [3] - The company is actively investing in the robotics sector through its investment fund and plans to establish a new robotics company to capture growth opportunities [3]

組織章程細則的建議修訂須待本公司股東於 2025 股東周年大會上通過特別 決議案後，方可生效。一份載有(其中包括)有 關召 開 2025 股東周年 大會之通 告及建議修 訂的詳細資料之通 函將盡快寄發予本 公司股東。 建議修訂組織章程細則及 採納新組織章程細則 本公告乃由 首程控股有限公司（「本公司 」）根據香港聯合交易所有限公司 證券上市規則（「上市規則」）第 13.51(1)條作出。 本 公司董事會（「董事會」）宣布，將會在本公 司於 2025 年 4 月 30 日（星 期 三）舉行之股東周年大會（「 2025 股東周年大 會 」）上提呈一項特別決議 案（「特別決議案」），藉以修 訂本公司 組織章程 細則（「組織章程細則 」）。 本 公司建議就組織章程細則作出若干修訂，以使組織章程細則(i)符 合有關庫 存股份的最新法例及監管要求 ;(ii)與 擴大無紙化上市 機 制 及上市發行人以電 子方式發布 公司通訊 一致;(iii)使本公司 能夠召開 股東大會（ 包括舉 行混合 /虛 擬股東大會）並與股東更有效地溝通 ;(iv)允許董事會全體 過半數董事簽署的 書面決議 案 具有與在董事會正式召開和舉行的會議上通 ...

EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 特別股息分三期支付合共港幣7.68億元。此乃第三期總額為港幣2.56億元的特別股息。按本公司已發行之普通股股份總數 7,284,855,440股，第三期特別股息將為每股普通股港幣0.0351元。 發行人董事 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 首程控股有限公司 | | 股份代號 | 00697 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 宣派特別股息及暫停辦理股份過戶登記手續 | | | 公告日期 | 2025年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股息 | | | 股息性質 | 特別股息 | | 財 ...

EF001 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 首程控股有限公司 | | 股份代號 | 00697 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 宣派特別股息及暫停辦理股份過戶登記手續 | | | 公告日期 | 2025年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股息 | | | 股息性質 | 特別股息 | | 財政年末 | 不適用 | | 宣派股息的報告期末 | 不適用 | | 宣派股息 | 每 股 0.0351 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.0351 HKD | | 匯率 | 1 HKD : 1 HKD | | ...

EF001 發行人所發行上市權證/可轉換債券 不適用 其他信息 特別股息分三期支付合共港幣7.68億元。此乃第一期總額為港幣2.56億元的特別股息。按本公司已發行之普通股股份總數 7,284,855,440股，第一期特別股息將為每股普通股港幣0.0351元。 發行人董事 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 首程控股有限公司 | | 股份代號 | 00697 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 宣派特別股息及暫停辦理股份過戶登記手續 | | | 公告日期 | 2025年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股息 | | | 股息性質 | 特別股息 | | 財政年末 | 不適用 | | 宣派股息的報告期 ...

股息支付日期 第一期特別股息將於2025年4月25日以現金支付予於2025年4月14日（「第一個記 錄日期」）名列本公司股東名冊內之本公司股東（「股東」）。第二期特別股息 將於2025年9月26日以現金支付予於2025年9月16日（「第二個記錄日期」）名列 本公司股東名冊內之股東。第三期特別股息將於2025年12月29日以現金支付予於 2025年12月18日（「第三個記錄日期」）名列本公司股東名冊內之股東。 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 而産生或因倚賴該等內容而引致的任何損失承擔任何責任。 宣派特別股息 及 暫停辦理股份過戶登記手續 首程控股有限公司（「本公司」，連同其附屬公司「本集團」）之董事會（「董 事會」）欣然宣佈，於2025年3月26日舉行之董事會會議上，經考慮本集團之年 度業績和投資所得的超額收益，董事會決議：（i）建議宣派截至2024年12月31日 止年度的末期股息港幣1.2億元；以及（ii）宣派特別股息合共港幣7.68億元（「 特別股息」），合共為港幣8.88億元。 特別 ...

EF001 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 首程控股有限公司 | | 股份代號 | 00697 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2024年12月31日止年度之末期股息 | | 公告日期 | 2025年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 | 每 股 0.0164 HKD | | 股東批准日期 | 2025年4月30日 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.0164 HKD | | 匯率 | 1 H ...

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 1.215 billion, an increase of 37.5% compared to HKD 883.478 million in 2023[4] - Basic and diluted earnings per share for the year were HKD 5.76, up from HKD 5.57 in the previous year[6] - Profit attributable to the owners of the company increased from HKD 404 million in 2023 to HKD 410 million in 2024[4] - The total comprehensive loss for the year was HKD 91.741 million, compared to a comprehensive income of HKD 590.997 million in the previous year[6] - Operating service revenue rose to HKD 823,446,000, up 45.0% from HKD 567,807,000 in the previous year[15] - The adjusted EBITDA for 2024 was HKD 854 million, compared to HKD 671 million in 2023[40] - The overall gross profit margin improved to approximately 41.7%, compared to 40.7% in the previous year[43] Dividends - The company declared a total dividend of HKD 328 million for the year, consisting of an interim dividend of HKD 208 million and a proposed final dividend of HKD 120 million[3] - The final dividend proposed for the year ending December 31, 2024, is HKD 120,000,000, down from HKD 161,000,000 in 2023[33] - The interim dividend for the six months ending June 30, 2024, was declared at HKD 203,432,000, compared to HKD 236,663,000 in 2023[32] Assets and Liabilities - Non-current assets totaled HKD 7.312 billion, a decrease from HKD 7.878 billion in 2023[7] - Current assets increased to HKD 6.517 billion from HKD 5.644 billion in 2023[7] - Total liabilities rose to HKD 4.313 billion from HKD 3.482 billion in the previous year[8] - The company's equity attributable to owners decreased to HKD 9.421 billion from HKD 9.923 billion in 2023[8] - High liquidity assets increased to HKD 2,622 million as of December 31, 2024, compared to HKD 2,263 million in the previous year[55] - As of December 31, 2024, the company's debt-to-asset ratio increased to 31.2%, up from 25.7% in 2023, with total liabilities rising to HKD 4,313 million from HKD 3,482 million[56] - The debt-to-equity ratio as of December 31, 2024, was 15.9%, a significant increase from 8.0% in 2023, with total borrowings rising to HKD 1,496 million from HKD 793 million[57] Shareholder Actions - The company repurchased 40,856,000 shares in 2024 at a total cost of approximately HKD 58,736,000[31] - The company issued 252,802,000 new shares at HKD 1.80 per share in January 2023, raising approximately HKD 448,000,000[31] - The company repurchased a total of 40,856,000 shares at a total cost of HKD 58,736,737.57 during the fiscal year ending December 31, 2024[70] Tax and Financial Costs - The company reported a significant increase in income tax provision to HKD 85,581,000 for 2024, compared to HKD 6,906,000 in 2023[19] - The company reported a net finance cost of HKD 116.287 million, compared to HKD 105.689 million in the previous year[5] - The financial cost for the year was HKD 116 million, a 10.0% increase from the previous year, primarily due to rising lease liabilities[44] Investments and Projects - The company expanded its asset management scale in the parking and transportation sector by acquiring operational rights for multiple airport parking projects in 2024[38] - The first customized project, "Ideal Auto Headquarters Phase II," was fully operational in Q1 2024, enhancing the company's presence in the industrial park sector[39] - The company is deepening its layout in the robotics industry through the newly established Beijing Shoucheng Robotics Technology Industry Co., Ltd., leveraging a HKD 10 billion fund[37] - The group successfully completed the operational handover of major parking projects at Guangzhou Baiyun International Airport and Beijing Fengtai Station, and secured additional projects at Lhasa Gonggar Airport and Tianjin Binhai International Airport[47] - The group issued a second phase of parking asset REITs with a priority rate of 2.4% in December 2024, enhancing cash flow and revenue levels from quality parking asset projects in key regions[48] Risk Management and Governance - The group faces various financial risks, including market, credit, and liquidity risks, and has established a comprehensive risk management plan[51] - The group maintains a balanced capital structure to maximize shareholder returns, with regular reviews of its capital management strategy[54] - The company has adhered to all provisions of the Corporate Governance Code during the fiscal year ending December 31, 2024[71] Employee and Social Responsibility - The company had a total of 450 employees as of December 31, 2024, promoting equal employment opportunities and a non-discriminatory work environment[65] - The company is committed to providing comprehensive social insurance benefits for all employees, including retirement plans and annual health check-ups[66] - The compensation policy is designed to ensure fairness and competitiveness, with a performance-based incentive system to retain talent[65] Future Outlook - The company plans to allocate approximately HKD 89 million for infrastructure asset management and HKD 60 million for general working capital from the proceeds of a convertible bond issuance[63][64] - The company aims to enhance cash flow management flexibility through the reallocation of unutilized proceeds towards infrastructure asset management[63] - The board believes that strategic investments will provide stable returns for the company moving forward[59] - The company plans to increase investment in core regions and focus on industries such as parking, industrial parks, and consumer infrastructure assets with stable cash returns[68] - The company aims to deepen its investment in the robotics industry and establish a complete ecosystem for robotics[67] - The company expresses gratitude to shareholders and strategic investors for their support and aims to expand its smart industry services[72]