FF301 | 1,490,000,000 | | --- | 第 1 頁 共 10 頁 v 1.1.1 本月底法定/註冊股本總額： HKD 1,490,000,000 致：香港交易及結算所有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 2. 股份分類 優先股 股份類別 不適用 於香港聯交所上市 (註1) 否 證券代號 (如上市) N/A 說明 無表決權可換股優先股 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 14,000,000,000 HKD 0.035 HKD 490,000,000 增加 / 減少 (-) HKD 本月底結存 14,000,000,000 HKD 0.035 HKD 490,000,000 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) 00745 說明 普通股 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 100,000,000,000 HKD 0.01 HKD 1,000,000,000 增加 / 減少 (-) HKD 本月底結存 100,000,000,000 HKD 0.01 HKD 1,00 ...

NOTIFICATION LETTER 通知信函 CHINA NATIONAL CULTURE GROUP LIMITED 中國國家文化產業集團有限公司 (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立之有限公司） (Stock Code 股份代號：745） 11 December 2025 Yours faithfully, By order of the Board China National Culture Group Limited SUN Wei Executive Director Note: Corporate Communications include any document(s) issued or to be issued by the Company for the information or action of holde rs of any of its securities or the investing public, including but not limited to ...

11 December 2025 Dear Registered Shareholders, China National Culture Group Limited (the "Company") CHINA NATIONAL CULTURE GROUP LIMITED 中國國家文化產業集團有限公司 (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立之有限公司） (Stock Code 股份代號：745） – Notification of publication of 2025 Interim Report (" Current Corporate Communications") NOTIFICATION LETTER 通知信函 We hereby notify you that the Current Corporate Communication(s) in both English and Chinese are now available on the Company 's website at www. ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 27,782,000, an increase of 6.56% compared to HKD 26,070,000 in the same period of 2024[4] - Gross profit for the same period was HKD 5,161,000, representing a significant increase from HKD 3,564,000, marking a growth of 45%[4] - The net profit attributable to the company's owners for the six months was HKD 15,374,000, a turnaround from a loss of HKD 1,281,000 in the previous year[4] - Total comprehensive income for the period was HKD 16,875,000, compared to a loss of HKD 3,288,000 in the same period last year[5] - The group recorded a profit before tax of HKD 15,374,000 for the six months ended September 30, 2025, compared to a loss of HKD 1,281,000 in the same period of 2024[22] - The basic and diluted earnings per share for the six months ended September 30, 2025, were HKD 0.0655, compared to a loss per share of HKD 0.0133 in the same period of 2024[25] - The company reported a profit attributable to shareholders of approximately HKD 15,374,000, compared to a loss of HKD 1,281,000 in the previous year, with earnings per share of HKD 0.0656[42] Assets and Liabilities - Current assets increased to HKD 72,132,000 from HKD 50,795,000, reflecting a growth of 42%[6] - Total assets as of September 30, 2025, were HKD 74,714,000, up from HKD 51,876,000, indicating a 44% increase[6] - Total equity rose to HKD 61,450,000 from HKD 44,575,000, representing a growth of 38%[7] - Cash and cash equivalents decreased to HKD 4,685,000 from HKD 15,042,000, a decline of 69%[10] - Trade receivables as of September 30, 2025, totaled HKD 67,538,000, with a credit loss provision of HKD 39,265,000, resulting in a net receivable of HKD 28,273,000[31] - Trade payables as of September 30, 2025, amounted to HKD 10,023,000, reflecting an increase from HKD 3,202,000 as of March 31, 2025[32] - The total current assets amounted to approximately HKD 72,132,000, while current liabilities were approximately HKD 13,264,000 as of September 30, 2025[46] - The company has no bank borrowings as of September 30, 2025, maintaining a capital debt ratio of zero[46] Income and Expenses - The company reported a significant increase in other income, totaling HKD 12,777,000, compared to a loss of HKD 1,259,000 in the prior year[4] - Other income, primarily from fair value changes of financial assets held for trading, amounted to HKD 12,777,000, a significant recovery from a loss of HKD 1,259,000 in the prior year[21] - Administrative expenses decreased to approximately HKD 2,564,000 from HKD 3,586,000 in the previous year, primarily due to reduced employee costs and marketing expenses[41] Revenue Segments - The advertising segment generated revenue of HKD 10,180,000, up 18.63% from HKD 8,580,000 in the prior year[19] - The e-commerce segment reported revenue of HKD 17,602,000, a slight increase of 0.64% from HKD 17,490,000 in the previous year[19] - For the six months ended September 30, 2025, the total revenue from contracts with external customers was HKD 27,782,000, representing an increase of 6.56% from HKD 26,070,000 in the same period of 2024[16] Investments - The company has significant investments in listed equity securities, with a total fair value of approximately HKD 34,288,000, representing 45.9% of total assets[49] - The Group holds a significant investment in Investment 1, valued at approximately HKD 3,740,000, representing 1.1% equity, which accounts for about 5.0% of the Group's total assets as of September 30, 2025[50] - The Group holds a significant investment in Investment 2, valued at approximately HKD 5,667,000, representing 2.4% equity, which accounts for about 7.6% of the Group's total assets as of September 30, 2025[51] - The Group holds a significant investment in Investment 3, valued at approximately HKD 6,197,000, representing 4.8% equity, which accounts for about 8.3% of the Group's total assets as of September 30, 2025[52] - The company’s investments in listed equity securities are intended for long-term strategic purposes, with market price fluctuations not aligning with the long-term strategy[29] Corporate Governance - The company has adopted and complied with all provisions of the Corporate Governance Code, except for certain deviations regarding the separation of roles between the Chairman and CEO, as no Chairman has been appointed as of September 30, 2025[87] - The Audit Committee consists of three independent non-executive directors, with Mr. Liao Guangsheng serving as the chairman, ensuring proper oversight of financial reporting and risk management[88] - The Board is composed of executive directors Mr. Wang Shidi, Ms. Sun Wei, and Ms. Man Qiaozhen, along with independent non-executive directors Mr. Liao Guangsheng, Ms. Wang Miaojun, and Ms. Wang Yujie[91] Future Outlook - The advertising segment's revenue is expected to grow as the company shifts its customer base from mainland China to the more stable Hong Kong market[44] - The company plans to continue investing in customized product services to strengthen its position in the Hong Kong e-commerce market[45] - Future plans include continuous development in advertising and e-commerce, diversification into other industries, and potential acquisitions to expand the product portfolio[80] - The company aims to utilize excess capital for diversified investments to achieve returns above typical bank deposit rates, enhancing equity returns[68] Employee and Operational Information - The company has 22 full-time employees as of September 30, 2025, all based in Hong Kong and China, with compensation aligned with market levels[78] - The company anticipates a strong retail sales growth of 5.9% year-on-year in Hong Kong for September 2025, driving its expansion strategy[79] Miscellaneous - The company did not declare or propose any interim dividends for the six months ended September 30, 2025[24] - The company has adopted a new share option scheme as of September 18, 2025, following the expiration of the previous scheme in August 2024[36] - There were no significant changes affecting the company's performance from April 1, 2025, to September 30, 2025[75] - There are no significant events after the reporting period that require disclosure[89] - The Board expresses gratitude to shareholders, management, and employees for their efforts and support[90]

致：香港交易及結算所有限公司 FF301 公司名稱: 中國國家文化產業集團有限公司 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 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11月30日 狀態: 新提交 | 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) | 00745 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | ...

中国国家文化产业(00745)发布截至2025年9月30日止六个月业绩，该集团期内取得营业额2778.2万港 元，同比增加6.57%;公司拥有人应占溢利1537.4万港元，同比扭亏为盈;每股基本盈利6.56港仙。 ...

智通财经APP讯，中国国家文化产业(00745)发布截至2025年9月30日止六个月业绩，该集团期内取得营 业额2778.2万港元，同比增加6.57%;公司拥有人应占溢利1537.4万港元，同比扭亏为盈;每股基本盈利 6.56港仙。 ...

盈亏转换主要是由于持作买卖金融资产之已变现及未变现公平值收益净额增加、收益及毛利上升及行政 开支减少所致。 格隆汇11月28日丨中国国家文化产业(00745.HK)公布中期业绩，截至2025年9月30日止六个月，公司收 益为2778.2万港元，同比增长6.57%；公司股东应占期内盈利为1537.4万港元，去年同期亏损128.1万港 元；基本每股盈利为6.56港仙。 ...

Financial Performance - For the six months ended September 30, 2025, the company reported a revenue of HKD 27,782,000, an increase of 6.56% compared to HKD 26,070,000 for the same period in 2024[6] - Gross profit for the same period was HKD 5,161,000, representing a significant increase of 45% from HKD 3,564,000 in 2024[6] - The company achieved a profit before tax of HKD 15,374,000, a turnaround from a loss of HKD 1,281,000 in the previous year[6] - The net profit attributable to shareholders for the period was HKD 15,374,000, compared to a loss of HKD 1,281,000 in 2024, resulting in earnings per share of HKD 6.56[6] - The group reported a profit before tax of HKD 15,374,000, compared to a loss of HKD 1,281,000 in the same period last year[24] - Other income showed a significant improvement, with net gains of HKD 12,777,000 compared to a loss of HKD 1,259,000 in the previous year[23] - The company reported a profit attributable to shareholders of HKD 15,374,000 for the six months ended September 30, 2025, compared to a loss of HKD 1,281,000 for the same period in 2024[27] - The company did not declare any interim dividends for the six months ended September 30, 2025, consistent with the previous year[26] - The company did not recommend the payment of an interim dividend for the current period[42] Assets and Liabilities - Total assets increased to HKD 74,714,000 as of September 30, 2025, up from HKD 51,876,000 as of March 31, 2025[8] - The company's total equity rose to HKD 61,450,000 from HKD 44,575,000, reflecting a strong improvement in financial health[9] - Cash and cash equivalents decreased to HKD 4,685,000 from HKD 15,042,000, indicating a cash outflow of HKD 10,357,000 during the period[12] - The company’s current liabilities increased to HKD 13,264,000 from HKD 7,301,000, indicating a rise in short-term obligations[9] - Trade receivables as of September 30, 2025, totaled HKD 67,538,000, with a provision for credit losses of HKD 39,265,000, resulting in a net receivable of HKD 28,273,000[33] - The company’s trade payables as of September 30, 2025, amounted to HKD 10,023,000, reflecting an increase from HKD 3,202,000 as of March 31, 2025[34] - The group has no pledged assets as of September 30, 2025[73] - The group has no significant capital commitments or contingent liabilities as of September 30, 2025[74][75] Investments - The company held significant investments in listed companies, with respective asset values of 5.0%, 7.6%, and 8.3% of total assets as of September 30, 2025[32] - The company completed a rights issue in March 2025, issuing 156,244,304 shares at an issue price of HKD 0.1 per share, raising net proceeds of approximately HKD 15,304,000[36] - The total value of significant investments held by the company is approximately HKD 14,278 million, representing 45.9% of the total asset value[51] - The company holds 11,000,000 shares in JunTai Holdings Limited, valued at HKD 3,740,000, which is about 5.0% of the company's total asset value[52] - The investment in China Properties Investment Holdings Limited consists of 6,296,625 shares, with a book value of HKD 5,667,000, accounting for approximately 7.6% of total assets[53] - The company owns 10,328,560 shares in L'Occitane Group Limited, valued at HKD 6,197,000, representing about 8.3% of total assets[54] - The company has not received any dividends from its significant investments as of September 30, 2025[52][53][54] - The investment policy aims to enhance the efficiency of idle funds and provide stable returns while supporting long-term projects[55] - The company focuses on maintaining a diversified investment portfolio to optimize resource allocation and manage investment risks effectively[56] - The investment strategy includes both long-term and short-term investments, depending on strategic needs and market conditions[57] - The company prohibits short-term investments in low-yield unsecured bonds and speculative trading[58] - The board has confirmed that the investment activities align with the goal of optimizing shareholder returns and enhancing overall shareholder value[59] - The investment management team is authorized to approve investments below 5% of the group's market value or total assets[63] - The company aims to enhance shareholder value through effective allocation of idle funds and excess capital to generate financial returns[67] - The board will consider dividends based on overall profitability, cash flow, and long-term financial needs[68] - The investment management team will report due diligence results to the board for final approval on investments exceeding the 5% threshold[66] Business Operations - The group operates primarily in Hong Kong, with all revenue derived from external customers located in the region[19] - There were no inter-segment sales during the period, maintaining a clear separation of segment performance[18] - The advertising segment revenue reached HKD 10,180,000, up 18.63% from HKD 8,580,000 in the previous year[20] - E-commerce segment revenue was HKD 17,602,000, slightly increasing from HKD 17,490,000, representing a growth of 0.64%[20] - The advertising segment's revenue increased due to a shift in focus from the mainland China market to the Hong Kong market, driven by a more stable economic environment and stronger consumer confidence[46] - The company plans to continue expanding its e-commerce business by providing customized product services to strengthen its market position in Hong Kong[47] - Future plans include continuous development of advertising and e-commerce businesses, and diversification into media and cultural sectors[82] - The company has 22 full-time employees, all based in Hong Kong and China, with compensation aligned with market levels[80] - The company has adopted a new share option scheme effective from September 18, 2025, with no unexercised options remaining under the previous scheme as of September 30, 2025[17] - No shareholders or related parties held any interests or short positions in shares or related shares as of September 30, 2025[85] - No directors engaged in any business that directly or indirectly competes with the group's business during the six months ending September 30, 2025[86] - The company and its subsidiaries did not buy or sell any listed securities during the interim period[87] - The audit committee, composed of three independent non-executive directors, reviewed and recommended the approval of the interim financial statements[90] - There were no significant events after the reporting period that required disclosure[91]

Core Viewpoint - The company has entered into a non-binding memorandum of understanding with Gansu Performing Arts Group to establish a joint venture for the global performance and promotion of the stage play "Lively Dunhuang • Marvelous Sound" [1] Group 1: Joint Venture Details - The joint venture will be established contingent upon Gansu Performing Arts Group obtaining the legal authorization and project plan for the stage play [1] - The investment in the joint venture will be no less than 20 million Hong Kong dollars [1] Group 2: Strategic Importance - The collaboration with Gansu Performing Arts Group is seen as a strategic move to expand the company's film division and enhance its development in the Chinese market [1] - Partnering with a state-owned enterprise will significantly accelerate market expansion due to access to a vast and well-established local business network [1] - Establishing a relationship with a reputable state-owned enterprise will enhance the company's standing and legitimacy among local clients and business partners [1]