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: 恒都集團有限公司 呈交日期: 2026年4月1日 I. 法定/註冊股本變動 | 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) | 00725 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 FF301 第 ...

Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 395,740,000, representing a 20.4% increase from HKD 328,578,000 in 2024[5] - Gross profit increased to HKD 117,538,000, up 24.5% from HKD 94,409,000 in the previous year[5] - Operating profit rose to HKD 41,671,000, a 40.7% increase compared to HKD 29,604,000 in 2024[5] - Net profit attributable to shareholders was HKD 31,186,000, reflecting a 20.5% increase from HKD 25,804,000 in 2024[5] - Basic and diluted earnings per share increased to HKD 15.7, up from HKD 13.0 in the previous year[5] - The group’s total equity increased by 5.8% to approximately HKD 456.51 million from HKD 431.65 million in 2024[46] - The net profit for the fiscal year 2025 was HKD 31.19 million, up from HKD 25.80 million in 2024, with earnings per share rising to HKD 0.157 from HKD 0.130[44] - The group maintained a net profit margin of 7.9% in 2025, consistent with the previous year[54] Assets and Liabilities - Total assets as of December 31, 2025, were HKD 541,911,000, an increase from HKD 495,982,000 in 2024[7] - Total equity increased to HKD 456,508,000 from HKD 431,650,000 in 2024[7] - The total value of investment properties as of December 31, 2025, was HKD 73,468,000, down from HKD 83,391,000 in 2024, indicating a decrease of approximately 11.9%[32] - Trade receivables net amount for 2025 was HKD 83,846,000, compared to HKD 79,425,000 in 2024, showing an increase of approximately 5.7%[35] - The total trade payables for 2025 were HKD 19,704,000, a decrease from HKD 20,999,000 in 2024, reflecting a decline of about 6.2%[37] Cash Flow - Cash and cash equivalents at year-end were HKD 105,484,000, significantly up from HKD 52,765,000 in 2024[11] - The company reported a net cash inflow from operating activities of HKD 53,447,000, compared to HKD 21,656,000 in the previous year[11] - The group recorded a net cash inflow of HKD 52.8 million in 2025, reflecting significant effectiveness of profit enhancement and working capital strategies implemented by the board[55] Revenue Segmentation - Revenue from the Americas segment was HKD 311,392,000, accounting for 78.7% of total revenue, up from HKD 236,405,000 in 2024[19] - The company reported a significant increase in customer revenue, with Customer A generating HKD 187,083,000 and Customer B generating HKD 81,826,000 in 2025[21] - The top five customers accounted for approximately 85% of total revenue in 2025, up from 82% in 2024, indicating a high dependency on a limited number of customers[57] Expenses and Costs - The cost of goods sold for the year was HKD 200,987,000, compared to HKD 152,670,000 in 2024, indicating a rise of approximately 31.6%[34] - Employee costs, including directors' remuneration, rose to HKD 99,808,000 in 2025 from HKD 94,590,000 in 2024[22] - Distribution and administrative expenses as a percentage of revenue decreased by 3.7 percentage points to 16.9%, attributed to efforts in controlling administrative staff and overall efficiency improvements[55] Tax and Dividends - The total tax expenses for 2025 were HKD 10,485,000, a significant increase from HKD 3,792,000 in 2024, reflecting a growth of approximately 176.5%[26] - The total dividend declared for the year was HKD 9,948,000, up from HKD 3,926,000 in 2024, representing an increase of about 153.5%[28] - The group proposed a final dividend of HKD 0.04 per share, bringing the total dividend for 2025 to HKD 0.06 per share, an increase from HKD 0.05 per share in 2024[45] Operational Insights - The company experienced a foreign exchange gain of HKD 3,620,000, compared to a loss of HKD 7,691,000 in 2024[6] - The company continues to launch newly developed cable and power line products to maintain revenue momentum in a rapidly changing business environment[57] - The geopolitical and trade tensions have created significant uncertainty in the current market, impacting global economic risks, particularly through energy markets[56] - The company has established production bases in China and Vietnam to mitigate tariff impacts, although this may not eliminate all associated risks[56] - The group is committed to continuous innovation and optimization in product design and operational processes to seize new opportunities arising from market recovery[58] Employment and Compliance - As of December 31, 2025, the company employed 840 full-time staff, a decrease from 880 in 2024, with a gender ratio of 1:2.2[60] - The company has implemented a set of guidelines for securities trading by directors and employees, ensuring compliance with the standards set forth in the listing rules[66] Audit and Meetings - The preliminary results for the year ending December 31, 2025, have been announced, with the financial statements audited by KPMG[71] - The annual general meeting for shareholders is scheduled for May 14, 2026, with a suspension of share transfer registration from May 11 to May 14, 2026[70] - To qualify for voting at the annual general meeting, share transfer documents must be submitted by 4 PM on May 8, 2026[70] - A proposed final dividend will be distributed, with a suspension of share transfer registration from May 25 to May 28, 2026[70] - Share transfer documents for the proposed final dividend must be submitted by 4 PM on May 22, 2026[70]

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 | | | 其他信息 | 不適用 | | 發行人董事 | | | 於本公佈日期，執行董事為孟振雄先生、陳振燿先生、孟瑋琦女士、孟韋怡女士及孟韋豪先生；非執行董事為顧廸安女士；而獨立 | | | 非執行董事為劉振麒先生、李宗鼐先生及鍾潔瑩女士。 | | 第 2 頁 共 2 頁 v 1.1.1 第 1 頁 共 2 頁 v 1.1.1 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 | 恒都集團有限公司 | | 股份代號 | 00725 | | 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2025年12月31日止年度之末 ...

Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 395,740,000, representing a 20.4% increase from HKD 328,578,000 in 2024[5] - Gross profit increased to HKD 117,538,000, up 24.5% from HKD 94,409,000 in the previous year[5] - Operating profit rose to HKD 41,671,000, a 40.7% increase compared to HKD 29,604,000 in 2024[5] - Net profit attributable to shareholders was HKD 31,186,000, reflecting a 20.5% increase from HKD 25,804,000 in 2024[5] - Basic and diluted earnings per share increased to HKD 15.7, up from HKD 13.0 in the previous year[5] - The total revenue for 2025 reached HKD 395,740,000, a 20.4% increase from HKD 328,578,000 in 2024[16] - The net profit for the fiscal year 2025 was HKD 31.19 million, up from HKD 25.80 million in 2024, with earnings per share rising to HKD 0.157 from HKD 0.130[44] Assets and Liabilities - Total assets as of December 31, 2025, were HKD 541,911,000, an increase from HKD 495,982,000 in 2024[7] - Cash and cash equivalents at year-end were HKD 105,484,000, significantly up from HKD 52,765,000 in 2024[11] - Non-current assets in Hong Kong decreased to HKD 60,237,000 from HKD 62,714,000 in 2024, reflecting a shift in asset allocation[21] - The net book value of property, plant, and equipment as of December 31, 2025, was HKD 116,089,000, down from HKD 123,874,000 in 2024[30] - The total trade payables as of December 31, 2025, were HKD 19,704,000, slightly decreased from HKD 20,999,000 in 2024[37] Cash Flow - The company reported a net cash inflow from operating activities of HKD 53,447,000, compared to HKD 21,656,000 in the previous year[11] - The group recorded a net cash inflow of HKD 52.8 million in 2025, reflecting the effectiveness of profit enhancement and working capital strategies implemented by the board[55] Equity and Dividends - Total equity attributable to shareholders increased to HKD 456,508,000 from HKD 431,650,000 in 2024[7] - The total dividend declared for the year was HKD 9,948,000, an increase from HKD 3,926,000 in 2024, with a proposed final dividend of HKD 0.04 per share for 2025[28] - The group proposed a final dividend of HKD 0.04 per share, bringing the total dividend for 2025 to HKD 0.06 per share, compared to HKD 0.05 per share in 2024[45] Revenue Segmentation - Revenue from the Americas segment was HKD 311,392,000, contributing significantly to overall performance[19] - Major customers contributed HKD 268,909,000 to total revenue, representing 67.8% of the total revenue for 2025[20] - The top five customers accounted for approximately 85% of total revenue in 2025, up from 82% in 2024, indicating a high dependency on a limited number of customers[57] Operational Efficiency - Employee costs increased to HKD 99,808,000 in 2025 from HKD 94,590,000 in 2024, reflecting rising operational expenses[22] - Distribution and administrative expenses as a percentage of revenue decreased by 3.7 percentage points to 16.9% due to efforts to control administrative staff and overall efficiency improvements[55] - The gross profit margin improved slightly to 29.7% in 2025 from 28.7% in 2024, supported by operational efficiency[54] - The group maintained a net profit margin of 7.9% in 2025, consistent with the previous year[54] Market Conditions and Strategic Initiatives - The geopolitical and trade tensions have created significant uncertainty in the current market, impacting global economic risks and potentially leading to inflationary pressures[56] - The company has established production bases in China and Vietnam to mitigate the impact of tariffs, although this may not eliminate all tariff-related risks[56] - The company continues to launch newly developed cable and power line products to maintain revenue momentum in a rapidly changing business environment[57] - The board remains vigilant regarding the current economic fragility and is focused on proactive strategic measures to meet customer needs[58] Governance and Stakeholder Engagement - The company is committed to maintaining shareholder rights and enhancing corporate governance by establishing various committees[59] - The company employs 840 full-time management, administrative, and production staff globally, with a gender ratio of 1:2.2[60] - The company expresses gratitude to stakeholders, including customers, shareholders, suppliers, and employees, for their continued support during turbulent times[71] Upcoming Events - The annual general meeting is scheduled for May 14, 2026, with a suspension of share transfer registration from May 11 to May 14, 2026[70] - Share transfer registration will also be suspended from May 25 to May 28, 2026, to determine the rights for the proposed final dividend[70] Audit and Compliance - The preliminary results for the year ending December 31, 2025, have been announced, with the financial statements audited by KPMG[71] - The company plans to adopt new accounting standards effective from January 1, 2026, which may affect future financial reporting[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 佈 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 就 因 本 公 佈 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 。 恒都集團有限公司* PERENNIAL INTERNATIONAL LIMITED 董事 會 宣佈 ， 於 2026 年 3 月 13 日 ， 收 購方 （ 本公 司 全資 附屬 公 司） 已在 公 開市 場 上收 購合 共 20,000 股 百 度股 份 ，相 當 於百 度已 發 行股 本 約 0.00073%，總 代價 約 為 2,464,000 港元（ 不 包括 交 易 成本 ），平 均價 格 約為 每 股百 度股 份 123.20 港 元 。 加上 前 次購 入，收 購 方已 在 公開 市 場上 收購 合 共 80,000 股 百度 股 份， 相當 於 百度 已 發行 股本 約 0.00291%，累 計代價約為 ...

(股 份 代 號 ： 00725 ) 董 事 會 會 議 通 知 恒 都 集 團 有 限 公 司 (「 本 公 司 」)董 事 會 謹 此 公 佈 將 於 2026 年 3 月 24 日 (星 期 二 ) 舉 行 董 事 會 會 議 ， 藉 以 批 准 (其 中 包 括 )本 公 司 及 其 附 屬 公 司 截 至 2025 年 12 月 31 日 止 年 度 之 全 年 業 績 及 審 議 派 發 末 期 股 息 (如 有 )。 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佈的內容概不 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 就 因 本 公 佈 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 。 恒都集團有限公司* PERENNIAL INTERNATIONAL LIMITED (於百慕達註冊成立之有限公司 ) 承 董 事 會 命 恒 都 集 團 有 限 公 司 公 司 秘 書 黎 永 康 香 港 ， 2026 年 3 月 6 日 於 本 公 佈 ...

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: 恒都集團有限公司 呈交日期: 2026年3月2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) | 00725 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. ...

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: 恒都集團有限公司 呈交日期: 2026年2月2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) | 00725 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000 | HKD | | 0.1 | HKD | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 FF301 第 ...

Core Viewpoint - The global AMOLED smartphone panel market is projected to reach approximately 920 million units in 2025, representing a year-on-year growth of 4.7%, marking a new historical high despite a slowdown in growth rate compared to previous years [2]. Market Growth - The growth in the AMOLED smartphone panel market is driven by sustained demand for high refresh rates, flexible displays, and low-power screens in high-end smartphones, along with the continued adoption of AMOLED technology in mid-range models [2]. - The slowdown in growth is attributed to the increasing penetration of AMOLED in smartphones, particularly in the mid-to-high-end market, which has reached saturation, thereby narrowing the space for new demand [2]. Cost Pressures - Rising costs of core components, such as memory chips, are increasing the overall BOM (Bill of Materials) cost pressure, leading manufacturers to control costs more strictly. Some brands are delaying the introduction of flexible AMOLED in mid-range models, which suppresses further expansion of AMOLED panel shipments [2]. Regional Market Share - In 2025, Korean manufacturers hold 49.4% of the global AMOLED smartphone panel market, while domestic manufacturers account for 50.6%, marking a 1.3 percentage point increase year-on-year and achieving a historic milestone of surpassing 50% for the first time [5]. Company Performance - Samsung Display's (SDC) AMOLED panel shipments are expected to grow by 0.7% year-on-year, with market share declining from 43.2% to 41.5%, primarily due to shrinking demand for rigid AMOLED panels and increased loss of orders for mid-to-low-end flexible screens [6]. - BOE's performance is notable, with a year-on-year shipment growth of 9.0%, securing a 16.3% market share, and maintaining its position as the leading domestic manufacturer, driven by penetration in the mid-range market and breakthroughs in the high-end market, especially in the foldable screen sector [6]. - Visionox's shipments are projected to grow by 3.3% year-on-year, with a market share of 11.1%, despite a slight decline of 0.2 percentage points, indicating stable development supported by solid technical competitiveness and customer collaboration in the mid-range market [6]. Fourth Quarter Insights - In the fourth quarter of 2025, the AMOLED smartphone panel market is expected to maintain strong demand due to domestic and international promotional activities and the release of new models, with shipments projected at approximately 260 million units, reflecting a year-on-year growth of 6.1% and a quarter-on-quarter growth of 4.2% [9]. - In the fourth quarter, Korean manufacturers are expected to hold a 49.2% market share, while domestic manufacturers will account for 50.8%, marking a 2.6 percentage point increase year-on-year, indicating an accelerated trend of domestic substitution [9]. Company Dynamics in Q4 - Samsung Display's AMOLED panel shipments are expected to grow by 7.0% year-on-year, with a market share of 40.7%, showing a slight year-on-year increase of 0.3 percentage points, although its market dominance continues to weaken [10]. - BOE's AMOLED panel shipments are projected to grow by 2.8% quarter-on-quarter, maintaining a stable market share of 15.5%, supported by accelerated technology iteration and optimized customer structure [10]. - Tianma's AMOLED panel shipments are expected to grow by 20.0% year-on-year, with a market share increase of 1.3 percentage points to 11.6%, benefiting from stable orders from key customers and well-matched capacity release [10].

Group 1 - The core viewpoint of the article is that 恒都集团's subsidiary, 东辉电线电缆有限公司, has acquired a total of 80,000 shares of Alibaba, representing approximately 0.00042% of Alibaba's issued share capital, for a total consideration of approximately HKD 13.472 million [1] - The average purchase price per share of Alibaba was approximately HKD 168.40 [1] - The board of 恒都集团 is optimistic about Alibaba's future prospects and development potential, believing that this transaction can improve the group's investment portfolio performance [1]