Group 1 - The company, 合富辉煌 (00733), expects a shareholder loss of between HKD 130 million to HKD 160 million for the six months ending June 30, 2025 [1] - The primary reason for this anticipated loss is the overall sluggishness of the real estate market during the period [1] - Increased competition in the property agency sector has led to a decline in revenue from property agency services [1]

(股份代號: 733) 内幕消息 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，並明確表示概不就因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HOPEFLUENT GROUP HOLDINGS LIMITED 合富輝煌集團控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 盈利警告 本公告乃由合富輝煌集團控股有限公司（「本公司」，連同其附屬公司統稱 「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2)條以及內幕消息條文（定義見上市規則）所參照之證券及期貨條例第 XIVA 部（香港法例第 571 章）而刊發。 本公司董事（「董事」）會（「董事會」）謹此通知本公司股東（「股東」） 及潛在投資者，根據最新未經審核財務資料之初步評估，本集團預計於截至二 零二五年六月三十日止六個月的股東應佔虧損錄得一億三千萬至一億六千萬港 元，其主因是由於期內房地產市場整體低迷及物業代理行業競爭激烈導致物業 代理業務收入減少。 本公司仍在落實本集團截至二零二五年六月三十日止六個月之中期業績。本公 告所載 ...

Group 1 - The company, Heffy Holdings (00733.HK), will hold a board meeting on August 28, 2025 [1] - The meeting will review and approve the group's interim results for the six months ending June 30, 2025, and discuss the proposal for an interim dividend distribution, if any [1]

合富輝煌集團控股有限公司 ( 於開曼群島註冊成立的有限公司 ) (股份代號: 733) 董事會會議召開日期 合富輝煌集團控股有限公司(「本公司」)董事會(「董事會」)宣佈，本公司將於 二零二五年八月二十八日(星期四)舉行董事會會議，董事會將於會上通過議 案，其中包括批准本公司及其附屬公司截至二零二五年六月三十日止六個月的 中期業績及公告，以及考慮派發中期股息(如有)。 承董事會命 合富輝煌集團控股有限公司 主席 扶偉聰 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，並明確表示概不就因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HOPEFLUENT GROUP HOLDINGS LIMITED 香港，二零二五年八月十五日 於本公告日期，本公司執行董事為扶偉聰先生及盧一峰先生；本公司非執行董 事為扶而立先生、李波先生及李富強先生；以及本公司獨立非執行董事為林景 沛先生、曹麒蒙先生及徐靜女士。 ...

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: 合富輝煌集團控股有限公司 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) | 00733 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.01 | HKD | | 80,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.01 | HKD | | 80,000,000 | 本月底法定/註冊 ...

Financial Performance - The overall revenue for the group in 2024 was HKD 947 million, a decrease of 27% compared to HKD 1,297 million in 2023, primarily due to a sluggish real estate market and intense competition in the property agency sector [17]. - The property agency business generated approximately HKD 924 million in revenue in 2024, down from HKD 1,251 million in 2023 [18]. - The financial services segment reported revenue of about HKD 23 million in 2024, compared to HKD 44 million in 2023 [19]. - For the fiscal year ending December 31, 2024, the group reported revenue of approximately HKD 947 million, a decrease of about 27% compared to HKD 1,295 million in the previous year [38]. - The group incurred a loss attributable to shareholders of approximately HKD 280 million, an improvement from a loss of HKD 531 million in the previous year [38]. - The property agency business segment generated revenue of approximately HKD 924 million, accounting for 98% of the group's total revenue, down from HKD 1,251 million in the previous year [38]. - The financial services segment reported revenue of approximately HKD 23 million, representing 2% of the group's total revenue, down from HKD 44 million in the previous year [38]. Market Environment - The real estate market in mainland China experienced a decline in sales area and sales value by 12.9% and 17.1% respectively in 2024, reflecting a challenging market environment [17]. - National real estate development investment decreased by 10.6% year-on-year, with construction area and funds in place dropping by 12.7% and 17.0% respectively [37]. - The overall market environment in 2024 was characterized by weak domestic demand and structural contradictions in the real estate sector [37]. - The company is committed to a slow recovery in the market supported by increasing policy measures [37]. Strategic Initiatives - The group has established partnerships with over 40 well-known developers, including Vanke and Poly, to enhance its market position in the domestic real estate service sector [11]. - The group is actively pursuing digital transformation by integrating mobile networks and online services with traditional service models [13]. - The group aims to leverage government policies aimed at stabilizing the market, including optimizing purchase restrictions and lowering down payment ratios, to create new business opportunities [17]. - The company adjusted its operational strategy to optimize cost structure and focus on core cities to maintain market competitiveness amid challenging market conditions [37]. - The company aims to stabilize development and expand diversified business while enhancing the efficiency of its main operations [37]. Corporate Governance - The company has adopted corporate governance practices in line with the Hong Kong Stock Exchange's Corporate Governance Code, aiming to maintain high standards of business ethics [65]. - The board of directors is committed to enhancing corporate governance and has confirmed compliance with the Corporate Governance Code for the year ending December 31, 2024 [66]. - The board consists of a mix of executive, non-executive, and independent non-executive directors, all of whom have confirmed their independence [68]. - The board held 4 meetings and 3 shareholder meetings in the fiscal year ending December 31, 2024, with full attendance from most directors [71]. - The audit committee, composed of three independent non-executive directors, held 4 meetings during the fiscal year and reviewed the financial reporting procedures and internal controls [80][81]. - The board regularly reviews its structure and composition to maintain high standards of corporate governance [74]. Risk Management - The company has established a risk management and internal control system, which is regularly reviewed by the board [72]. - The board is responsible for the company's risk management and internal control systems, which are reviewed annually for effectiveness [102]. - The company faces various risks and uncertainties that could impact its financial condition and operational performance, particularly related to economic and political developments in China [129]. Environmental, Social, and Governance (ESG) - The company has implemented an environmental policy aimed at reducing resource consumption and promoting recycling [174]. - The board has confirmed the effectiveness of environmental and social policies, with a target to reduce greenhouse gas emissions by approximately 5% by 2025 [187]. - The company has conducted discussions to assess the importance of various ESG issues, leading to action plans for improvement [188]. - The report provides quantitative data on the company's ESG performance, with calculation methods described in relevant sections [189]. - The company generated a total greenhouse gas emission of approximately 1,383 tons of CO2 equivalent in the fiscal year ending December 31, 2024, a decrease from 2,333 tons in 2023 [200]. Employee and Stakeholder Relations - The company emphasizes the importance of maintaining good relationships with employees, customers, and business partners for sustainable development [126]. - The company maintains regular communication with stakeholders to address their concerns and expectations regarding corporate governance and shareholder rights [194]. - The company’s focus on customer satisfaction and privacy protection is evident in its communication channels with clients [194].

Financial Performance - Total revenue for the year ending December 31, 2024, was HKD 947,435,000, a decrease from HKD 1,294,513,000 in the previous year, representing a decline of approximately 26.8%[2] - Other income for the same period was HKD 16,185,000, down from HKD 20,381,000, reflecting a decrease of about 20.0%[2] - The company reported a loss before tax of HKD 279,410,000, compared to a loss of HKD 594,160,000 in the previous year, indicating an improvement of approximately 52.9%[2] - The net loss for the year was HKD 273,593,000, compared to a net loss of HKD 529,418,000 in the previous year, showing a reduction of about 48.3%[3] - The basic and diluted loss per share was HKD 41.5, compared to HKD 78.8 in the previous year, indicating a decrease of approximately 47.3%[3] - The total comprehensive expenses for the year amounted to HKD 340,361,000, compared to HKD 638,325,000 in the previous year, indicating a decrease of about 46.5%[3] - The company reported a significant reduction in financing costs, which were HKD 13,592,000, down from HKD 26,242,000, representing a decrease of approximately 48.2%[2] - The company reported a loss before tax of HKD 594,160,000 for the year ended December 31, 2024, compared to a loss of HKD 279,410,000 in the previous year, indicating a deterioration in financial performance[18] - The cost of financing for the year was HKD 26,242,000, up from HKD 13,592,000 in the previous year, reflecting an increase of approximately 93.5%[19] - The company incurred a loss from the sale of subsidiaries amounting to HKD 18,914,000 during the year, which is a significant increase from the previous year's loss of HKD 6,904,000[18] Revenue Breakdown - The company's revenue for the year was HKD 1,294,513,000, an increase from HKD 947,435,000 in the previous year, representing a growth of approximately 37%[10] - The revenue from property agency services was HKD 1,250,506,000, up from HKD 923,849,000, indicating a growth of about 35%[12] - Financial services income increased to HKD 5,218,000 from HKD 2,724,000, reflecting a growth of approximately 92%[12] - Interest income from receivables rose to HKD 38,789,000, compared to HKD 20,862,000, marking an increase of around 86%[12] - The property agency business generated approximately HKD 924 million in revenue, accounting for 98% of the group's total revenue, while the financial services segment contributed approximately HKD 23 million, representing 2% of total revenue[41] Assets and Liabilities - Total assets decreased from HKD 1,409,611,000 to HKD 1,792,608,000, reflecting a change of approximately 27.1%[4] - Current assets increased from HKD 763,080,000 to HKD 1,150,154,000, representing a growth of about 50.8%[4] - Total liabilities increased from HKD 329,356,000 to HKD 352,458,000, indicating a rise of approximately 7%[4] - The company's cash and cash equivalents rose from HKD 210,526,000 to HKD 298,659,000, marking an increase of around 41.8%[4] - The company's equity attributable to owners increased from HKD 1,279,068,000 to HKD 1,603,889,000, which is an increase of approximately 25.3%[4] - The company's non-current liabilities decreased from HKD 119,733,000 to HKD 181,694,000, reflecting a decline of about 51.5%[4] Employee Costs - Total employee costs for the year were HKD 775,460,000, compared to HKD 1,019,049,000 in the previous year, showing a decrease in employee-related expenses[21] - The company incurred HKD 702,694,000 in other employee costs, up from HKD 909,459,000 in the previous year, indicating a reduction in this expense category[21] - The group employed around 4,000 full-time employees as of December 31, 2024, emphasizing the importance of its workforce as a valuable asset[53] Stock Options and Corporate Governance - The stock option plan adopted on May 23, 2023, aims to attract and retain top employees, with a validity of 10 years[28] - A total of 67,380,000 shares can be purchased under the stock option plan, with specific vesting conditions tied to performance metrics[33] - The exercise price for the stock options is set at HKD 1.85 per share, valid for 10 years from the grant date[34] - The maximum number of shares that can be issued under the stock option plan is capped at 10% of the company's issued share capital as of the adoption date, equating to 67,414,998 shares[31] - The stock options are contingent upon the participants continuing to serve the group from the grant date until the specified exercise date[33] - The board has the discretion to set shorter vesting periods under certain circumstances[29] - The company has adhered to the corporate governance code and has appointed a qualified company secretary to ensure compliance with applicable laws and regulations[62] - The board of directors consists of executive directors Fu Wei Cong and Lu Yi Feng, along with non-executive directors Fu Er Li, Li Bo, and Li Fu Qiang, and independent non-executive directors Lin Jing Pei, Cao Qi Meng, and Xu Jing[67] Future Plans and Market Strategy - The company plans to focus on market expansion and new product development in the upcoming fiscal year[2] - The company plans to continue expanding its services in the property and financial sectors[10] - The group aims to explore the application of AI technology in market research, strategic consulting, property valuation, and risk control to enhance operational efficiency and service quality[47] - The group will continue to focus on optimizing cost structures and improving management processes to achieve cost reduction and efficiency enhancement[47] - The group plans to benefit from the government's recent policies aimed at stimulating the real estate market, with expectations of a recovery in housing transactions in 2025[46] Dividends and Share Repurchase - The company does not recommend any dividend payment for the year ending December 31, 2024, similar to the previous year[22] - The company did not recommend the payment of a final dividend for the year ended December 31, 2024, consistent with the previous year[56] - The company has not repurchased any shares since its listing and has no treasury shares as of December 31, 2024[59]

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 422,038 thousand, a decrease of 39.7% compared to HKD 699,901 thousand in the same period of 2023[2] - The company reported a loss before tax of HKD 117,183 thousand, improving from a loss of HKD 178,169 thousand in the prior year, representing a 34.2% reduction in losses[2] - Total comprehensive expenses for the period amounted to HKD 155,697 thousand, down from HKD 277,784 thousand, indicating a 43.8% decrease[3] - Basic and diluted loss per share was HKD 17.50, an improvement from HKD 22.50 in the previous year[3] - The company reported a net loss of HKD (38,106) thousand for the period, compared to a net profit of HKD 678 thousand in the same period last year[8] - The group reported a loss attributable to shareholders of approximately HKD 118 million, an improvement from a loss of HKD 152 million in the previous year[51] Revenue Breakdown - Revenue from property agency services was HKD 404,543 thousand, down 40% from HKD 672,573 thousand in the previous year[15] - The group's property agency business revenue was approximately HKD 405 million, accounting for 96% of total revenue, while the financial services segment generated about HKD 17 million, representing 4% of total revenue[51] Asset and Liability Management - Non-current assets as of June 30, 2024, totaled HKD 686,203 thousand, compared to HKD 642,454 thousand as of December 31, 2023, reflecting a 6.8% increase[4] - Current assets decreased to HKD 577,097 thousand from HKD 1,502,612 thousand, indicating a significant reduction in liquidity[4] - Total liabilities decreased to HKD 211,378 thousand from HKD 181,694 thousand, showing a 16.3% increase in liabilities[5] Cost Management - The company is focusing on cost reduction strategies, as evidenced by a decrease in selling expenses from HKD 601,817 thousand to HKD 411,526 thousand, a reduction of 31.7%[2] - The total employee costs for the six months ended June 30, 2024, were HKD 395,767,000, down 22.8% from HKD 512,176,000 in the previous year[23] - The financial costs decreased to HKD 8,502,000 in the first half of 2024 from HKD 16,372,000 in the same period of 2023[21] - The company recorded a provision for impairment of financial assets of HKD 21,817,000 for the first half of 2024, down from HKD 34,524,000 in the previous year[23] Cash Flow and Liquidity - The net cash used in operating activities for the six months was HKD (42,840) thousand, compared to HKD 41,322 thousand in the same period last year[9] - The cash and cash equivalents at the end of the period were HKD 210,646 thousand, down from HKD 317,980 thousand at the end of the previous period[9] - As of June 30, 2024, the group maintained a healthy financial position with cash and bank deposits of approximately HKD 211 million, down from HKD 299 million as of December 31, 2023[57] Future Outlook - Future outlook remains cautious due to market conditions, with ongoing efforts in product development and market expansion strategies[2] - The group plans to enhance digitalization and artificial intelligence investments to improve service efficiency and customer experience[56] - The company aims to enhance its market presence and explore new strategies for growth in the upcoming periods[12] Share Options and Ownership - The company adopted a share option scheme on May 23, 2023, allowing for the issuance of options up to 10% of the issued share capital at the time of adoption, which is 67,414,998 shares[43] - A total of 67,380,000 share options were granted under the scheme, with 30,340,000 options having lapsed as of June 30, 2024[45] - The exercise price for the share options is set at HKD 1.85 per share, with a total of 33,670,000 options available for issuance as of June 30, 2024[48] - The total number of lapsed share options as of June 30, 2024, is 33,710,000, resulting in a transfer of approximately HKD 15,916,000 from special reserves[48] - The company has a significant concentration of ownership, with several shareholders holding over 25% of the issued shares[72] Corporate Governance - The company has maintained compliance with the corporate governance code and has appointed a qualified company secretary to ensure adherence to applicable laws and regulations[77] - The company has confirmed that all directors have complied with the standard code of conduct regarding securities trading during the reporting period[77] - The company has not made any arrangements that would allow directors to benefit from purchasing shares or bonds of the company or any other entity during the reporting period[71]

Financial Performance - For the six months ended June 30, 2024, the company reported total revenue of HKD 422,038,000, a decrease of approximately 39.8% compared to HKD 699,901,000 for the same period in 2023[1]. - The company incurred a loss before tax of HKD 117,183,000, compared to a loss of HKD 178,169,000 in the prior year, indicating an improvement of approximately 34.2%[1]. - The total comprehensive loss for the period was HKD 155,697,000, down from HKD 277,784,000 in the same period last year, reflecting a reduction of about 43.9%[2]. - Basic and diluted loss per share improved to HKD 17.50 from HKD 22.50, indicating a reduction in loss per share of approximately 22.2%[2]. - The group reported a total loss for the group for the six months ended June 30, 2024, was HKD 117,277,000, compared to a loss of HKD 151,050,000 for the same period in 2023, indicating an improvement in performance[12]. - The group reported a loss attributable to shareholders of approximately HKD 118 million, compared to a loss of HKD 152 million in the same period last year[32]. Revenue Breakdown - The revenue from property agency services was HKD 404,543,000 for the six months ended June 30, 2024, down from HKD 672,573,000 in the same period of 2023, indicating a decrease of about 40%[11]. - Interest income from receivables was HKD 17,495,000 for the six months ended June 30, 2024, compared to HKD 27,328,000 for the same period in 2023, reflecting a decline of approximately 36.1%[12]. - The financial services segment generated revenue of HKD 17,495,000 for the six months ended June 30, 2024, down from HKD 27,328,000 in the same period of 2023, a decrease of about 36.1%[12]. - The property agency business generated revenue of approximately HKD 405 million, accounting for 96% of the group's total revenue, down from HKD 673 million last year[32]. - The financial services segment reported revenue of approximately HKD 17 million, representing 4% of the group's total revenue, down from HKD 27 million last year[32]. Assets and Liabilities - The company's non-current assets decreased to HKD 102,013,000 from HKD 120,377,000 year-over-year, representing a decline of approximately 15.2%[3]. - Current liabilities decreased to HKD 270,143,000 from HKD 352,458,000, showing a reduction of about 23.3%[4]. - The company's total assets decreased to HKD 1,679,556,000 from HKD 1,792,608,000, a decline of approximately 6.3%[4]. - The company's total equity attributable to owners decreased to HKD 1,468,178,000 from HKD 1,610,914,000, a decline of about 8.8%[4]. - The group maintained a healthy financial position with cash and bank deposits of approximately HKD 211 million, down from HKD 299 million as of December 31, 2023[38]. - Total borrowings amounted to approximately HKD 140 million, a decrease from HKD 167 million as of December 31, 2023, with a capital debt ratio of about 7.2%[38]. Employee and Operational Costs - Total employee costs for the six months ended June 30, 2024, were HKD 395,767,000, down from HKD 512,176,000 in the same period of 2023, indicating a decrease of about 23%[15]. - Interest expenses from bank and other borrowings decreased to HKD 5,264,000 for the six months ended June 30, 2024, compared to HKD 9,263,000 for the same period in 2023, representing a reduction of approximately 43%[13]. - The total lease liabilities decreased to HKD 3,238,000 for the six months ended June 30, 2024, from HKD 7,109,000 in the same period of 2023, indicating a decline of approximately 54%[13]. Strategic Initiatives - The group plans to continue optimizing resource allocation and enhancing operational efficiency in response to market changes[33]. - The group is focusing on digitalization and information technology to provide diversified services to clients and expand online customer sources[33]. - The group is committed to strict risk control and adjusting its strategies in the financial services sector to adapt to market and regulatory changes[34]. - The group plans to enhance digitalization and artificial intelligence investments to improve service efficiency and customer experience[36]. - The group aims to integrate resources and optimize service systems to support transactions in both new and second-hand housing markets[36]. Governance and Compliance - The group has established an audit committee consisting of three independent non-executive directors to review the unaudited interim results[37]. - The group did not experience significant impacts on its performance and financial position from the new accounting standards adopted during the reporting period[6]. - There were no significant transactions with related parties during the reporting period, consistent with the previous year[23]. Stock Options and Dividends - The company does not recommend the payment of any dividends for the six months ended June 30, 2024, consistent with the previous year[16]. - The company adopted a stock option plan on May 23, 2023, to attract and retain top employees, with a validity of 10 years[24]. - The maximum number of shares that can be issued under the stock option plan is capped at 10% of the company's issued share capital as of the adoption date, equating to 67,414,998 shares[25]. - As of June 16, 2023, the company granted stock options allowing holders to purchase a total of 67,380,000 shares, subject to certain performance conditions[26]. - By June 30, 2024, 30,340,000 stock options granted to a specific individual have lapsed[26]. - The exercise price for the stock options is set at HKD 1.85 per share, with a total of 33,670,000 shares available for issuance as of June 30, 2024[28]. - The total number of stock options granted under the plan represents approximately 4.99% of the weighted average number of shares issued, compared to 9.99% in 2023[28].

Loan Clients and Types - The group has a total of 927 loan clients, consisting of 907 personal loans and 20 corporate loans[18]. - Among the secured loans, there are 14 secured by property and 7 secured by project collateral[18]. - The company has provided secured and unsecured loans to a total of 927 customers as of December 31, 2023[30]. Credit Risk Management - The credit risk management system includes a multi-level assessment and approval process for loan applications[3]. - The credit risk assessment policy includes ongoing monitoring of loan recoverability and collection strategies[25]. - The group has established a credit risk assessment system that involves extensive documentation review and due diligence procedures[26]. - The group has implemented appropriate collection actions based on client consultations, including legal proceedings and loan restructuring arrangements[29]. - As of December 31, 2023, the company recorded a loan impairment loss of approximately HKD 235 million, with about HKD 222 million classified as Stage 3 due to negative impacts from the pandemic and adverse market conditions[32]. Funding and Client Focus - The group primarily funds its lending business through internal resources[10]. - The group focuses on high-net-worth and reputable clients for personal loans, including executives, businessmen, and professionals[24]. Share Option Plan - The group has adopted a stock option plan allowing for the issuance of up to 67,414,998 shares, representing approximately 10% of the company's issued share capital[21]. - The total number of shares available for issuance under the share option plan is 67,380,000 shares, representing approximately 9.99% of the weighted average number of shares issued for the year ended December 31, 2023[33]. Interest Rate Management - The group regularly reviews market interest rates and regulatory updates to adjust loan rates accordingly[7].