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: 2025年8月4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 ...

Company Overview - Hengdu Group (00725.HK) closed at HKD 0.87 per share, up 38.1% with a trading volume of 2.72 million shares and a turnover of HKD 2.3009 million, showing a volatility of 38.1% [1] - The company has a cumulative increase of 0% over the past month and a year-to-date increase of 10.16%, underperforming the Hang Seng Index by 25.24% [1] - As of June 30, 2025, Hengdu Group achieved total revenue of HKD 202 million, a year-on-year increase of 37.37%, and a net profit attributable to shareholders of HKD 16.1333 million, up 126.81% [1] Financial Metrics - The gross profit margin stands at 28.99%, and the debt-to-asset ratio is 13.18% [1] - The company reported a profit attributable to shareholders of HKD 17.69 million for the fiscal year 2025 interim report, reflecting a year-on-year growth of 126.81%, with basic earnings per share of HKD 0.089 [3] Industry Valuation - The average price-to-earnings (P/E) ratio for the industrial engineering sector (TTM) is 7.21 times, with a median of 3.08 times [2] - Hengdu Group's P/E ratio is 4.86 times, ranking 13th in the industry [2] - Comparatively, other companies in the sector have P/E ratios such as China Aerospace Wanyuan (01185.HK) at 0.32 times, Yili Holdings (00076.HK) at 0.39 times, and Beijing Holdings Environment Group (00154.HK) at 3.06 times [2] Company Background - Hengdu Group Limited was established in 1989, specializing in the manufacturing and marketing of high-quality power cables, cable assemblies, wires, harnesses, and plastic materials [2] - The primary export markets include the Americas, Europe, Australia, mainland China, Japan, and Southeast Asia, serving renowned multinational electrical and electronic product manufacturers [2] - The company is headquartered in Hong Kong and employs approximately 1,300 staff globally, focusing on management, sales, marketing, shipping, procurement, finance, accounting, R&D, and production [2]

EF001 免責聲明 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 | 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6月30日止六個月之中期股息 | | 公告日期 | 2025年 ...

Core Viewpoint - The company, 恒都集团 (00725), announced a mid-term dividend of HKD 0.02 per share, to be distributed on September 12, 2025, for the six months ending June 30, 2025 [1] Company Summary - 恒都集团 will distribute a mid-term dividend of HKD 0.02 per share [1]

EF001 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 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6月30日止六個月之中期股息 | | 公告日期 | 2025年8月19日 ...

Group 1 - The company, 恒都集团, reported a revenue of HKD 222 million for the six months ending June 30, 2025, representing a year-on-year increase of 37.37% [1] - Shareholders' profit attributable to the company was HKD 17.691 million, which is a significant year-on-year increase of 126.81% [1] - The basic earnings per share were HKD 0.089, and the company proposed an interim dividend of HKD 0.02 per share [1]

Core Viewpoint - 恒都集团 (00725.HK) reported a favorable financial performance for the first half of 2025, driven by opportunistic factors despite global economic challenges [1] Financial Performance - The company's revenue reached HKD 222 million, representing a 37.4% increase compared to HKD 161 million in the same period of 2024 [1] - Shareholders' attributable unaudited consolidated profit was HKD 17.691 million, up from HKD 7.8 million in 2024 [1] - Earnings per share were HKD 0.089, an increase from HKD 0.039 in 2024 [1] - The board approved an interim dividend of HKD 0.02 per share [1] Market Context - The report highlights the mixed opportunities and challenges in the global macro political and economic landscape [1] - U.S. President Trump's ambiguous tariff policies prompted customers to expedite shipments, creating favorable conditions for the company [1]

Group 1 - The company reported a revenue of HKD 222 million for the six months ending June 30, 2025, representing a year-on-year increase of 37.37% [1] - Shareholders' profit attributable to the company was HKD 17.691 million, which is a significant year-on-year increase of 126.81% [1] - The basic earnings per share were HKD 0.089, and the company proposed an interim dividend of HKD 0.02 per share [1]

[Interim Results](index=1&type=section&id=Interim%20Results) [Condensed Consolidated Income Statement](index=1&type=section&id=Condensed%20Consolidated%20Income%20Statement) For the six months ended June 30, 2025, the company achieved significant revenue growth, leading to substantial increases in gross profit and operating profit, ultimately doubling profit attributable to owners of the company year-on-year Key Data from Condensed Consolidated Income Statement (For the six months ended June 30) | Metric | 2025 (HK$ thousand) | 2024 (HK$ thousand) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 221,708 | 161,393 | +37.4% | | Cost of Sales | (157,437) | (117,992) | +33.4% | | Gross Profit | 64,271 | 43,401 | +48.1% | | Operating Profit | 21,682 | 8,570 | +153.0% | | Profit Before Tax | 21,682 | 8,564 | +153.2% | | Profit for the Period Attributable to Owners of the Company | 17,691 | 7,800 | +126.8% | | Basic and Diluted Earnings Per Share (HK cents) | 8.9 | 3.9 | +128.2% | [Condensed Consolidated Statement of Comprehensive Income](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) Total comprehensive income for the period significantly increased due to a shift from loss to gain in exchange differences on translation of foreign operations, boosting total comprehensive income attributable to owners of the company Key Data from Condensed Consolidated Statement of Comprehensive Income (For the six months ended June 30) | Metric | 2025 (HK$ thousand) | 2024 (HK$ thousand) | Y-o-Y Change (HK$ thousand) | | :--- | :--- | :--- | :--- | | Profit for the Period | 17,691 | 7,800 | +9,891 | | Exchange Differences on Translation of Financial Statements of Foreign Operations | 3,673 | (4,581) | +8,254 | | Total Comprehensive Income for the Period Attributable to Owners of the Company | 21,364 | 3,219 | +18,145 | [Condensed Consolidated Statement of Financial Position](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the company's total assets and total equity both increased, with current assets rising while the liability structure remained stable Key Data from Condensed Consolidated Statement of Financial Position (As of June 30) | Metric | 2025 (HK$ thousand) | 2024 (HK$ thousand) | Change (HK$ thousand) | | :--- | :--- | :--- | :--- | | Total Assets | 514,900 | 495,982 | +18,918 | | Non-current Assets | 210,313 | 218,479 | -8,166 | | Current Assets | 304,587 | 277,503 | +27,084 | | Total Equity | 447,045 | 431,650 | +15,395 | | Total Liabilities | 67,855 | 64,332 | +3,523 | | Current Liabilities | 59,746 | 56,226 | +3,520 | [Condensed Consolidated Statement of Changes in Equity](index=5&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) As of June 30, 2025, the company's total equity changed due to an increase in total comprehensive income for the period and dividend payments, with other reserves shifting from loss to gain due to exchange differences Key Data from Condensed Consolidated Statement of Changes in Equity (As of June 30) | Metric | 2025 (HK$ thousand) | 2024 (HK$ thousand) | | :--- | :--- | :--- | | Total Equity at January 1 | 431,650 | 409,524 | | Total Comprehensive Income for the Period | 21,364 | 3,219 | | Dividends Paid | (5,969) | – | | Total Equity at June 30 | 447,045 | 412,796 | [Condensed Consolidated Cash Flow Statement](index=6&type=section&id=Condensed%20Consolidated%20Cash%20Flow%20Statement) For the six months ended June 30, 2025, net cash used in operating activities, net cash generated from investing activities, and net cash used in financing activities resulted in a net decrease in cash and cash equivalents Key Data from Condensed Consolidated Cash Flow Statement (For the six months ended June 30) | Metric | 2025 (HK$ thousand) | 2024 (HK$ thousand) | | :--- | :--- | :--- | | Net Cash (Used in) Generated from Operating Activities | (11,215) | 20,185 | | Net Cash Generated from (Used in) Investing Activities | 6,627 | (7,197) | | Net Cash Used in Financing Activities | (6,055) | (225) | | Net (Decrease) Increase in Cash and Cash Equivalents | (10,643) | 12,763 | | Cash and Cash Equivalents at June 30 | 42,785 | 51,443 | [Notes to Unaudited Interim Condensed Consolidated Financial Information](index=7&type=section&id=Notes%20to%20Unaudited%20Interim%20Condensed%20Consolidated%20Financial%20Information) This section provides essential context for understanding the interim financial report, detailing its preparation basis, accounting policies, estimates, and specific financial item disclosures [General Information](index=7&type=section&id=General%20Information) The company is an investment holding company primarily engaged in the manufacturing and trading of wire and cable products, incorporated in Bermuda - The Group is principally engaged in the manufacturing and trading of wire and cable products[11](index=11&type=chunk) [Basis of Preparation](index=7&type=section&id=Basis%20of%20Preparation) The unaudited interim condensed consolidated financial information is prepared in accordance with Hong Kong Accounting Standard 34 'Interim Financial Reporting' issued by the Hong Kong Institute of Certified Public Accountants - The financial information is prepared in accordance with Hong Kong Accounting Standard 34 'Interim Financial Reporting'[12](index=12&type=chunk) [Accounting Policies](index=7&type=section&id=Accounting%20Policies) The accounting policies adopted are consistent with the 2024 annual consolidated financial statements, with new/revised Hong Kong Financial Reporting Standards applied for the first time, but not expected to have a significant impact - Accounting policies are consistent with the 2024 annual consolidated financial statements, with the first-time application of HKAS 21 and HKFRS 1 (Amendments) 'Lack of Exchangeability,' which are not expected to have a significant impact[13](index=13&type=chunk)[15](index=15&type=chunk) - The company has not early adopted new/revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, and their future adoption is not expected to impact operating results or financial position[16](index=16&type=chunk)[19](index=19&type=chunk) [Estimates](index=8&type=section&id=Estimates) The preparation of interim financial information involves management's judgments, estimates, and assumptions, consistent with those used in the 2024 annual consolidated financial statements, with carrying amounts of financial assets and liabilities approximating their fair values - Significant management judgments and sources of estimation uncertainty in preparing the interim financial information are consistent with those in the 2024 annual consolidated financial statements[17](index=17&type=chunk) - The carrying amounts of financial assets and liabilities approximate their fair values due to their short-term maturity[18](index=18&type=chunk) [Revenue](index=9&type=section&id=Revenue) The Group is primarily engaged in manufacturing and trading wire and cable products, with revenue of HK$221,708 thousand for the six months ended June 30, 2025, a year-on-year increase of 37.4%, with the Americas segment contributing the majority of revenue and two major customers accounting for over 10% of total revenue Revenue and Segment Results (For the six months ended June 30) | Segment | 2025 Revenue (HK$ thousand) | 2024 Revenue (HK$ thousand) | 2025 Segment Results (HK$ thousand) | 2024 Segment Results (HK$ thousand) | | :--- | :--- | :--- | :--- | :--- | | Hong Kong | 11,631 | 14,641 | 3,545 | 1,319 | | China (excluding Hong Kong) | 17,965 | 21,779 | (3,564) | 2,172 | | Americas | 174,528 | 113,532 | 20,163 | 5,290 | | Vietnam | 9,877 | 95 | 1,706 | 10 | | Japan | 7,224 | 9,746 | 1,248 | 1,146 | | Other Countries | 483 | 1,600 | 83 | 198 | | **Total** | **221,708** | **161,393** | **23,181** | **10,135** | Major Customer Revenue Contribution (For the six months ended June 30) | Customer | 2025 (HK$ thousand) | 2024 (HK$ thousand) | | :--- | :--- | :--- | | Customer A | 114,714 | 60,3

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: 2025年8月4日 I. 法定/註冊股本變動 FF301 | 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 FF ...