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，概不對因本公佈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。 UBA INVESTMENTS LIMITED 開明投資有限公司* | | 普通決議案 | 票數(%) | | | --- | --- | --- | --- | | | | 贊成 | 反對 | | 1. | 省覽及考慮截至二零二五年三月三十一日止年度經審 | 911,855,000 | 0 | | | 核綜合財務報表、董事會報告及核數師報告。 | (100%) | (0 %) | | 2. | 重選鄭偉倫先生為執行董事。 | 911,855,000 | 0 | | | | (100%) | (0 %) | | 3. | 重選鄧漢標先生為獨立非執行董事。 | 911,855,000 | 0 | | | | (100%) | (0 %) | | 4. | 授權董事會釐定董事酬金。 | 911,855,000 | 0 | | | | (100%) | (0 %) | | 5. | 續聘久安（香港）會計師事務 ...

格隆汇8月13日丨开明投资(00768.HK)公告，于2025年7月31日，公司每股股份未经审核综合资产净值约 为0.077港元。 ...

智通财经APP讯，开明投资(00768)发布公告，于2025年7月31日，公司每股股份的未经审核综合资产净 值约为0.077港元。 ...

開明投資有限公司 （於開曼群島註冊成立之有限公司） （股份代號： 768 ） 於二零二五年七月三十一日，本公司每股股份之未經審核綜合資產淨值約為 0.077 港元。 香港，二零二五年八月十三日 於本公佈日期，本公司董事局之成員包括主席及執行董事周偉興先生，執行董事鄭偉倫先生； 以及獨立非執行董事鄧漢標先生、郭明輝先生及郭婉琳女士。 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文件的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本件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: 開明投資有限公司 呈交日期: 2025年8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) | 00768 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本總額： HKD 20,000,000 FF ...

CORPORATE INFORMATION 公司資料 UBA INVESTMENTS LIMITED 開明投資有限公司 (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 : 768 2025 ANNUAL REPORT 年報 CONTENTS 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Management Discussion and Analysis | 管理層討論與分析 | 4 | | Profile of Directors | 董事會人員資料 | 20 | | Report of the Directors | 董事會報告 | 22 | | Corporate Governance Report | 企業管治報告 | 35 | | Environmental, Social and Governance Report | 環境、社會及管治報告 | 53 | | Independent A ...

Group 1 - Knight Sky Holdings Ltd. increased its stake in Kai Ming Investment (00768) by acquiring 354.716 million shares at a price of HKD 0.03 per share, totaling approximately HKD 10.6415 million [1] - Following the acquisition, Knight Sky Holdings holds approximately 547 million shares, representing a 42.99% ownership stake in Kai Ming Investment [1] - The transaction involves other related parties, namely Zheng Qiming and Zhan Meiqing [1] Group 2 - As of June 11, 2025, the Offeror received valid acceptances for a total of 354,716,000 Acceptance Shares under the Offer [2]

Financial Performance - Total income from the sale of trading securities reached HKD 59,591,000, a significant increase from HKD 2,882,000 in the previous year[4] - The net gain from financial assets measured at fair value through profit or loss was HKD 10,228,000, compared to a loss of HKD 7,690,000 in the prior year[4] - The group's profit before tax for the year was HKD 10,271,000, a turnaround from a loss of HKD 7,409,000 in the previous year[4] - Basic earnings per share for the year was HKD 0.81, compared to a loss per share of HKD 0.58 in the previous year[4] - The company's profit for the year ended March 31, 2025, was approximately HKD 10,300,000, compared to a loss of HKD 7,400,000 in the previous year[24] - Realized gains from listed securities amounted to HKD 6,240,000, while unrealized gains were HKD 4,020,000, compared to realized gains of HKD 140,000 and unrealized losses of HKD 5,900,000 in the previous year[24] - The net realized and unrealized gains from financial assets at fair value through profit or loss amounted to approximately HKD 10,000,000[42] Cash and Equity - Cash and cash equivalents increased to HKD 30,578,000 from HKD 5,542,000 year-on-year[5] - Total equity rose to HKD 92,986,000, up from HKD 82,715,000 in the previous year[5] - The company's cash levels were approximately HKD 30,600,000 as of March 31, 2025, up from HKD 5,500,000 in the previous year[24] - The net asset value increased by approximately 12.5% to HKD 93,000,000, compared to HKD 82,700,000 in the previous year[24] - The group has maintained its net asset value per share at HKD 0.07, consistent with the previous year[5] - The group has no debt as of March 31, 2025, indicating a debt ratio of zero[45] Dividends and Capital Distribution - The group reported no dividends for the year, maintaining a conservative approach to capital distribution[4] - The group did not recommend the payment of a final dividend for the year[46] Business Strategy and Focus - The company continues to focus on investment holding and securities trading as its primary business activities[7] - The company plans to continue reviewing potential acquisitions of unlisted investments in the future[25] - The company's investment strategy focuses on maintaining sufficient dividend levels while balancing investments in listed and unlisted securities for better shareholder returns[25] Market and Economic Conditions - The U.S. Federal Reserve announced a total interest rate cut of 1% from the high range of 5.25%-5.5% to 4.25%-4.5% between September and December 2024, marking the first rate cut since March 2022[26] - The U.S. GDP grew at an annualized rate of approximately 2.4% in Q4 2024, reflecting robust economic activity driven by consumer spending, investment, and government expenditure[26] - China's GDP growth for 2024 was reported at 5.4%, exceeding market expectations, supported by significant stimulus measures from the government[27] - The Shanghai Composite Index rose nearly 9.6% from 3,041 at the end of March 2024 to 3,335 by the end of March 2025, reflecting improved investor sentiment[27] - The Hang Seng Index surged approximately 39.8% from 16,541 at the end of March 2024 to 23,119 by the end of March 2025, driven by foreign capital inflows and strong performance in the technology sector[28] - The U.S. inflation rate significantly declined to approximately 2.4% by March 2025, the lowest since February 2021, aiding in restoring investor confidence[26] - The Dow Jones Index increased by about 5.5% from 39,807 at the end of March 2024 to 42,001 by the end of March 2025, reflecting positive economic indicators and easing inflation[26] Company Operations and Performance - Cheung Kong Holdings reported revenue of approximately HKD 281.35 billion and a net asset value of about HKD 652.59 billion for the year ending December 31, 2024, with a comprehensive income of HKD 17.09 billion, a decrease of 27% year-on-year[31] - Cheung Kong Holdings confirmed a one-time non-cash impairment and other provisions of HKD 3.7 billion related to its telecommunications business in Vietnam[31] - The company’s basic EBITDA, excluding one-time losses, increased by 2% in local currency terms, primarily due to strong growth in the port sector and stable performance in retail and infrastructure[31] - Power Assets Holdings Limited recorded revenue of approximately HKD 919 million and net profit of HKD 6,119 million, representing a 2% increase year-on-year[32] - PCCW Limited achieved revenue of approximately HKD 37,557 million and net assets of approximately HKD 11,514 million, despite facing market uncertainties[34] - MTR Corporation reported a total comprehensive income of approximately HKD 60,011 million and a net profit of HKD 15,772 million, an increase of 102% compared to the previous year[35] - Asia Financial Holdings Limited's insurance revenue was approximately HKD 3,291 million, with a significant profit increase of 86.6% year-on-year[36] - Xinjiang Xinxin Mining Industry Co., Ltd. recorded revenue of approximately RMB 2,281 million and a net profit of RMB 185 million, reflecting a growth of 14.3% year-on-year[38] - JBB Builders International Limited reported revenue of approximately MYR 223 million, driven by new contracts in marine construction and infrastructure services[37] - PANGSHUN International Limited recorded revenue of approximately USD 23 million, with a reduced loss of USD 1,030,000 compared to a loss of USD 2,790,000 in the previous year[39] - Kwan Man Kee Group recorded revenue of approximately HKD 75,000,000, representing an increase of about 4.8% due to higher income from waterproofing services[40] - Wai Hong Holdings reported revenue of approximately HKD 68,000,000, with a net loss of approximately HKD 35,000,000, down from a net loss of approximately HKD 46,800,000 in the previous year[41] Corporate Governance and Management Changes - Ms. Guo Wanlin has been appointed as an independent non-executive director effective from July 12, 2024[57] - Dr. Feng Zhenxiong will resign as an independent non-executive director effective from August 21, 2024[57] - Dr. Huang Runquan will resign as an executive director and chairman of the board effective from June 6, 2025[57] - Mr. Zhou Weixing has been elected as the chairman of the board effective from June 6, 2025[57] - The company has confirmed that public shareholders hold more than 25% of the total issued shares[58] - The remuneration committee consists of three independent non-executive directors and one executive director[59] - The nomination committee also consists of three independent non-executive directors and one executive director[60] - There were no repurchases, sales, or redemptions of the company's listed securities during the year[61] - The company has adopted the standard code for securities transactions by directors as per the listing rules[62] - The annual general meeting is scheduled for August 21, 2025, with a suspension of share transfer registration from August 18 to August 21, 2025[63]

Summary of Key Points Core Viewpoint - As of April 24, a total of 38 stocks reached their 52-week highs, with notable performances from companies such as Ka Ming Investment, Yingde Holdings, and Guangdong-Hong Kong Bay Holdings, which had high rates of increase in their stock prices [1]. 52-Week Highs - Ka Ming Investment (00768) achieved a closing price of 0.065 with a peak of 0.100, marking a 63.93% increase [1]. - Yingde Holdings (08535) closed at 0.084, reaching a high of 0.084, reflecting a 21.74% increase [1]. - Guangdong-Hong Kong Bay Holdings (01396) had a closing price of 2.760, also reaching 2.760, with an 18.45% increase [1]. - Other notable stocks include Kambo Medical-B (02216) with a 15.48% increase and Jian Shi Technology-B (09877) with a 14.76% increase [1]. 52-Week Lows - Jinsheng Group (00794) recorded a closing price of 0.155, with a low of 0.140, resulting in a decrease of 16.17% [2]. - Baofa Holdings (08532) closed at 0.019, reaching a low of 0.018, reflecting a 14.29% decrease [2]. - China Health Group (00673) had a closing price of 0.145, with a low of 0.145, indicating a 13.17% decrease [2]. - Other companies experiencing declines include Shenglong Jinxiu International (08481) with a 12.00% decrease and New New Technology (09600) with an 11.11% decrease [2].

Group 1 - The company, Kai Ming Investment (00768.HK), announced that it has entered into a sale agreement with Knight Sky Holdings Limited, where the latter will purchase 192 million shares, representing approximately 15.10% of the company's total issued share capital, for HKD 5.76 million, equating to HKD 0.03 per share [1] - The offer price of HKD 0.03 per share represents a premium of approximately 7.14% over the last closing price of HKD 0.028 per share on the Stock Exchange [1] - Following the completion of the transaction on April 14, 2025, the offeror and its concert parties will hold approximately 41.84% of the company's total issued share capital [1] Group 2 - According to the takeover code rule 26.1, the offeror is required to make a mandatory conditional cash offer for all issued shares, excluding those already owned or agreed to be acquired by the offeror and its concert parties [2] - Rong Gao Financial has been appointed as the independent financial advisor to provide advice to the independent board committee regarding the offer [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from April 24, 2025, at 9:00 AM [2]