2025 中期報告 未經審核簡明綜合財務狀況表 5 未經審核簡明綜合權益變動表 6 未經審核簡明綜合現金流量表 7 未經審核簡明綜合財務報表附註 8 管理層討論及分析 18 其他資料 24 公司資料 董事會 執行董事 凌志輝先生 （主席） 梁卓豪先生 （行政總裁） 非執行董事 凌毓棠先生 獨立非執行董事 目錄 公司資料 2 未經審核簡明綜合損益及 其他全面收益表 4 莊金峰先生 何振琮先生 施偉亷先生 丘淑文女士 董事委員會 審核委員會 何振琮先生 （主席） 莊金峰先生 施偉亷先生 丘淑文女士 薪酬委員會 莊金峰先生 （主席） 凌志輝先生 何振琮先生 施偉亷先生 丘淑文女士 提名委員會 凌志輝先生 （主席） 凌毓棠先生 莊金峰先生 何振琮先生 施偉亷先生 丘淑文女士 核數師 國衛會計師事務所有限公司 執業會計師 香港 中環 畢打街11號 置地廣場 告羅士打大廈31樓 公司秘書 吳愷盈女士 授權代表 凌志輝先生 吳愷盈女士 開曼群島註冊辦事處 Windward 3, Regatta Office Park PO Box 1350 Grand Cayman KY1-1108 Cayman Islands 香港總辦 ...

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: 凌銳控股有限公司 呈交日期: 2025年12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) | 00784 | 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 (-) | | | 0 | | | | 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 ...

Core Viewpoint - Lingrui Holdings (00784.HK) reported a significant decline in net profit for the six months ending September 30, 2025, with a net profit of approximately HKD 300,000, down 80% from HKD 1.5 million in the same period of 2024 [1] Financial Performance - The company's revenue decreased by approximately 24.2%, from about HKD 120 million for the six months ending September 30, 2024, to approximately HKD 91.4 million for the same period in 2025 [1] - The reduction in revenue is attributed to the ongoing economic downturn in the construction industry [1] Strategic Focus - The company has adopted a strategy to focus on clients with a strong track record of timely settlement of receivables [1] - This approach aims to enhance credit control and mitigate risks in response to a challenging business environment [1]

Core Viewpoint - Lingrui Holdings (00784) reported a significant decline in both revenue and net profit for the six months ending September 30, 2025, primarily due to the ongoing economic downturn in the construction industry and a strategic focus on clients with a strong track record of timely payment [1] Financial Performance - Revenue for the period was HKD 91.406 million, representing a year-on-year decrease of 24.2% [1] - Net profit was HKD 3.11 million, reflecting a substantial year-on-year decline of 79.88% [1] - Earnings per share stood at HKD 0.04 [1] Strategic Focus - The company has adopted a strategy to concentrate on clients with a good track record of timely settlement of receivables [1] - This approach aims to enhance credit control and mitigate risks in a challenging business environment [1]

Core Viewpoint - Lingrui Holdings (00784) reported a significant decline in both revenue and net profit for the six months ending September 30, 2025, primarily due to the ongoing economic downturn in the construction industry and a strategic focus on clients with a strong track record of timely payment collection [1] Financial Performance - Revenue for the period was HKD 91.406 million, representing a year-on-year decrease of 24.2% [1] - Net profit stood at HKD 0.311 million, reflecting a substantial year-on-year decline of 79.88% [1] - Earnings per share were reported at HKD 0.0004 [1] Strategic Focus - The company has adopted a strategy to concentrate on clients with a good history of timely settlement of receivables [1] - This approach aims to enhance credit control and mitigate risks in a challenging business environment [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 91,406,000, a decrease of 24.2% compared to HKD 120,588,000 for the same period in 2024[4] - Gross profit for the same period was HKD 9,393,000, down 38.5% from HKD 15,247,000 in 2024[4] - The company reported a profit before tax of HKD 311,000, a significant decline of 80.0% from HKD 1,546,000 in the previous year[5] - Basic and diluted earnings per share were HKD 0.04, compared to HKD 0.19 for the same period in 2024, reflecting a decrease of 78.9%[5] - The group recorded a net profit of approximately HKD 0.3 million for the six months ended September 30, 2025, down from approximately HKD 1.5 million in the same period of 2024, attributed to a decrease in revenue[37][44] - Revenue decreased by approximately 24.2% from about HKD 120.6 million for the six months ended September 30, 2024, to about HKD 91.4 million for the same period in 2025, primarily due to the ongoing economic downturn in the construction industry[39] - Direct costs for the six months ended September 30, 2025, were approximately HKD 82.0 million, a decrease of about 22.1% from approximately HKD 105.3 million for the same period in 2024, consistent with the revenue decline[40] - Gross profit for the six months ended September 30, 2025, was approximately HKD 9.4 million, with a gross margin of about 10.3%, down from a gross profit of approximately HKD 15.2 million and a margin of about 12.6% in the same period of 2024[41] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 106,660,000, down from HKD 131,919,000 as of March 31, 2025[6] - Current liabilities decreased to HKD 43,359,000 from HKD 72,235,000, indicating improved liquidity management[6] - The net asset value increased slightly to HKD 57,210,000 from HKD 56,899,000, showing stability in equity[7] - Trade receivables increased to HKD 23,130,000 from HKD 21,360,000, indicating a potential growth in sales or credit terms[6] - As of September 30, 2025, the group had bank borrowings of approximately HKD 15.1 million, down from about HKD 25.0 million as of March 31, 2025[47] - The capital debt ratio as of September 30, 2025, was approximately 86.4%, a decrease from about 131.8% as of March 31, 2025[47] - The group had cash reserves of approximately HKD 1.6 million as of September 30, 2025, down from about HKD 14.7 million as of March 31, 2025[46] Income and Expenses - Other income for the six months ended September 30, 2025, totaled HKD 3,615,000, a significant increase from HKD 426,000 in the same period of 2024, representing an increase of approximately 748.6%[19] - Financing costs decreased to HKD 650,000 for the six months ended September 30, 2025, down from HKD 813,000 in the same period of 2024, indicating a reduction of about 20.0%[20] - The total employee costs for the six months ended September 30, 2025, were HKD 17,588,000, a decrease of approximately 5.3% compared to HKD 18,564,000 for the same period in 2024[21] - Administrative expenses decreased by approximately 4.6% to about HKD 13.3 million for the six months ended September 30, 2025, compared to approximately HKD 13.9 million in the same period of 2024, primarily due to a reduction in employee costs[43] Business Operations - The company continues to focus on foundation engineering services in Hong Kong, with no new product launches or significant market expansions reported[10] - The group generated revenue solely from foundation engineering services in Hong Kong, with total revenue for the six months ended September 30, 2025, amounting to HKD 311,000, compared to HKD 1,536,000 for the same period in 2024, reflecting a decrease of approximately 80.7%[18][27] - Major clients contributing over 10% of total revenue included Client B with HKD 50,574,000 and Client A with HKD 30,238,000 for the six months ended September 30, 2025[18] Corporate Governance - The company is committed to maintaining high standards of corporate governance, regularly reviewing its practices to align with the Corporate Governance Code[70] - The audit committee, established on December 4, 2017, has reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2025, ensuring compliance with applicable accounting standards and adequate disclosures[71] - The board of directors includes executive directors Ling Zhihui and Liang Zhuohao, and independent non-executive directors including Ling Yutang, Zhuang Jinfeng, He Zhenchong, Shi Weilian, and Qiu Shuwen[74] Shareholder Information - Major shareholders include Reach Goal with 331,220,000 shares (41.40%) and Simple Joy Investments Limited with 202,910,000 shares (25.36%) as of September 30, 2025[58] - The group did not declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[24] - The board does not recommend the distribution of an interim dividend for the six months ended September 30, 2025[56] Stock Option Plan - The stock option plan was conditionally adopted on December 4, 2017, aimed at attracting and retaining top talent, providing additional incentives to employees, directors, and other stakeholders[63] - The total number of shares that may be issued upon the exercise of stock options granted under the plan shall not exceed 10% of the total issued shares as of the approval date[65] - The maximum number of shares that may be issued under the stock option plan for any twelve-month period shall not exceed 1% of the company's issued share capital[66] - The stock options granted must be accepted within seven days from the offer date, with a nominal acceptance fee of HKD 1[67] - The stock option plan will remain effective for ten years from December 4, 2017, with a total of 80,000,000 options available for grant as of September 30, 2025, representing approximately 10.0% of the issued shares[68] - No stock options were granted, exercised, expired, or lapsed under the stock option plan during the six months ending September 30, 2025[69]

呈交日期: 2025年11月3日 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: 凌銳控股有限公司 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) | 00784 | 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 (-) | | | 0 | | | | 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 ...

Core Viewpoint - Lingrui Holdings (00784.HK) announced a board meeting scheduled for November 14, 2025, to consider and approve the group's unaudited interim results for the six months ending September 30, 2025, and to discuss the potential distribution of an interim dividend, if any [1] Summary by Categories - **Company Announcement** - The board meeting will focus on the approval of the interim results and the potential interim dividend [1] - **Financial Reporting** - The meeting will review the unaudited interim performance for the six months ending September 30, 2025 [1] - **Dividend Consideration** - The board will consider the distribution of an interim dividend during the meeting [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，概不對因本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。 LING YUI HOLDINGS LIMITED 凌 控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：784） 董事會會議通告 凌 控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）之董事（「董事」）會（「董事會」）謹此宣佈 於二零二五年十一月十四日（星期五）舉行董事會會議，藉以考慮及通過（其中包括）本集團截至二零 二五年九月三十日止六個月之未經審核中期業績及其發佈，以及考慮派發中期股息（如有）。 承董事會命 凌 控股有限公司 主席兼執行董事 凌志輝 香港，二零二五年十月三十一日 於本公告日期，董事會成員包括執行董事凌志輝先生及梁卓豪先生；非執行董事凌毓棠先生；及獨 立非執行董事莊金峰先生、何振琮先生、施偉亷先生及丘淑文女士。 ...

Core Insights - Lian Technology (300784.SZ) released its Q3 2025 report on October 28, 2025, indicating a significant institutional ownership of its A-shares [1] Institutional Ownership - As of October 27, 2025, three institutional investors disclosed holdings in Lian Technology, totaling 31.69 million shares, which represents 56.35% of the company's total share capital [1] - The institutional investors include Zhejiang Habby Intelligent Technology Co., Ltd., Ningbo Chuangjiang Enterprise Management Partnership (Limited Partnership), and Shanghai Ninjinghui Business Consulting Co., Ltd. [1] - Compared to the previous quarter, the total institutional ownership increased by 0.17 percentage points [1] Public Fund Holdings - In this reporting period, three public funds were not disclosed compared to the previous quarter, including Western Lide Quantitative Preferred One-Year Holding Mixed A, Southern CSI 2000 ETF, and Huitianfu CSI 2000 ETF [1]