Financial Performance - The total revenue for the year ended December 31, 2025, was HKD 111,284,000, a significant increase from HKD 26,292,000 in the previous year, representing a growth of 323%[4] - The net profit for the year was HKD 9,682,000, down from HKD 31,886,000 in the previous year, indicating a decline of 70.6%[4] - The company's basic and diluted earnings per share for the year were both HKD 1.10, compared to HKD 3.62 in the previous year, reflecting a decrease of 69.7%[4] - The group's consolidated profit before tax for 2025 was HKD 10,337,000, down from HKD 35,728,000 in 2024, indicating a decline of 71%[21] - Other income for the year 2025 is reported at HK$2,729,000, a decrease of 32% from HK$4,011,000 in 2024[33] - The total tax expense for 2025 is reported at HK$655,000, significantly lower than HK$3,842,000 in 2024, indicating a decrease of 83%[35] - Basic earnings per share for 2025 is approximately HK$9,682,000, down from HK$31,886,000 in 2024, representing a decline of 70%[37] Assets and Liabilities - Total assets less current liabilities amounted to HKD 126,269,000, an increase from HKD 117,584,000 in the previous year, showing a growth of 7.2%[6] - Current assets increased to HKD 183,058,000 from HKD 143,332,000, marking a rise of 27.7%[5] - The total assets of the group increased to HKD 184,343,000 in 2025 from HKD 146,746,000 in 2024, reflecting a growth of 25.6%[22] - The group’s segment assets for 2025 were HKD 93,305,000, a substantial increase from HKD 41,950,000 in 2024, representing a growth of 122%[22] - The group’s liabilities increased to HKD 58,074,000 in 2025 from HKD 30,160,000 in 2024, indicating an increase of 92.7%[22] - The company reported a total expected loss provision of HKD 13,763,000 as of December 31, 2025, with a significant portion attributed to overdue accounts over 365 days[42] - The company's payable accounts from securities and futures trading increased to HKD 37,436,000 in 2025, up from HKD 22,336,000 in 2024[43] Cash and Cash Equivalents - The company's cash and cash equivalents rose to HKD 85,874,000, up from HKD 44,043,000, representing an increase of 95.5%[5] - The group reported cash and cash equivalents of HKD 85,874,000 in 2025, up from HKD 44,043,000 in 2024, marking an increase of 95.5%[22] - The group maintains a cash and bank balance of approximately HKD 85,900,000 as of December 31, 2025, an increase of about 95.2% from HKD 44,000,000 on December 31, 2024[60] Employee Costs - Employee costs increased to HKD 9,764,000 from HKD 7,792,000, reflecting a rise of 25.3%[4] - Employee costs increased to HK$9,764,000 in 2025 from HK$7,792,000 in 2024, reflecting a rise of 25%[33] Business Segments - The company operates in four main business segments: securities brokerage and financial services, asset management services, proprietary trading, and trading business[18] - Total revenue for the year 2025 reached HKD 111,284,000, with contributions from securities brokerage and financial services at HKD 11,961,000 and asset management services at HKD 9,327,000[19] - The asset management segment reported a revenue of approximately HKD 9,300,000 for the year ended December 31, 2025, a decrease of about 25.6% from HKD 12,500,000 in 2024[53] - The group’s revenue from the securities and futures brokerage segment was HKD 958,000 in 2025, down from HKD 1,357,000 in 2024, a decrease of 29.4%[25] - The group’s revenue from trade business was HKD 89,996,000 in 2025, which was not reported in 2024, indicating a new revenue stream[25] Accounting Standards - The company anticipates applying the new accounting standards starting January 1, 2027, which will require retrospective application for comparative data as of December 31, 2026[16] - The new standards are expected to have a broad impact on presentation and disclosure, particularly regarding the consolidated income statement[16] - The company is currently assessing the detailed impact of the new standards on its financial statements[16] - The company expects no significant impact on its performance or financial position from the new accounting standards beyond the changes in presentation and disclosure[16] Corporate Governance - The company is committed to maintaining high standards of corporate governance and has complied with the corporate governance code during the reporting period[72] - The audit committee has been established in accordance with the Hong Kong Stock Exchange Listing Rules, consisting of three members, including Ms. Huang Qin as the chairperson[68] - The remuneration committee is composed of three independent non-executive directors, with Mr. Zhang Jingfan as the chairperson[69] - The nomination committee also consists of three independent non-executive directors, with Mr. Guo Yaoli as the chairperson[70] Future Plans and Market Position - The group aims to capture cross-border capital inflows, particularly from mainland China and the Middle East, focusing on stable income and ESG-themed products[57] - The group plans to expand its asset management scale cautiously while enhancing its capital market business, with a focus on high-growth "new productivity" industries[57] - The group anticipates a fundraising amount of HKD 320,000,000,000 to HKD 350,000,000,000 for the year, involving approximately 150 to 200 listings across various sectors[55] - The group is committed to supporting Hong Kong's status as an international financial center and contributing to the high-level opening of the national financial market[58] Miscellaneous - The company has not reported any new products or technologies, market expansions, or mergers and acquisitions during the reporting period[3] - The group has not declared any dividends for the years ending December 31, 2025, and 2024[36] - There are no significant matters post-reporting period that may impact the group's operational and financial performance[71] - The annual general meeting is scheduled for June 9, 2026, in Hong Kong[74] - Share transfer registration will be suspended from June 4, 2026, to June 9, 2026, to determine the eligibility of shareholders attending the annual general meeting[75] - The preliminary announcement of the group's consolidated financial statements for the year ending December 31, 2025, has been agreed upon by the auditors, confirming alignment with the audited financial statements[76] - The performance announcement and annual report will be published on the company's website and the Hong Kong Stock Exchange website[77] - The board of directors includes both executive and non-executive members, ensuring a diverse governance structure[79]

（於百慕達註冊成立之有限公司） （股份代號：851） 盈利警告 本公告由盛源控股有限公司（「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)(a)條及 香港法例第571章證券及期貨條例第XIVA部 項 下 之 內 幕 消 息 條 文（定 義 見 上市規則）而作出。 本公司董事會（「董事會」）謹此通知本公司股東及本公司潛在投資者，根據 對本集團截至二零二五年十二月三十一日止年度（「二零二五財年」）之未經 審核綜合管理賬目及董事會目前可得的其他資料之初步審閱，預期本集團 將於二零二五財年錄得年度溢利不少於9.0百萬港元，而截至二零二四年 十二月三十一日止年度（「二零二四財年」）錄得年度溢利約31.9百萬港元。 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。 截至本公告日期，本公司仍在落實本集團於二零二五財年之年度業績。本 公告所載資料僅基於本集團於二零二五財年之未經審核綜合管理賬目及董 ...

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。 承董事會命 盛源控股有限公司 董事會主席兼非執行董事 周全 香港，二零二六年三月十九日 於本公告日期，董事會成員包括執行董事李宏麗女士及趙允先生，非執行 董事周全先生及黃雙剛先生，獨立非執行董事張勁帆先生、黃沁女士及郭 耀黎先生。 （股份代號：851） 董事會會議通告 盛源控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於二 零二六年三月三十一日（星期二）舉行董事會會議，藉以（其中包括）考慮及 批准本公司及其附屬公司截至二零二五年十二月三十一日止年度之全年業 績及其發佈，以及派發末期股息（如有）。 （於百慕達註冊成立之有限公司） ...

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: 盛源控股有限公司 呈交日期: 2026年3月2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) | 00851 | 說明 | 盛源控股有限公司 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | | 根據《主板上市規則》第13.32D(1) ...

呈交日期: 2026年2月2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 | 截至月份: 2026年1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: 盛源控股有限公司 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 00851 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 881,970,541 881,970,541 增加 / 減少 (-) 本月底結存 881,970,541 0 881,970,541 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | | --- | --- | | 已符合適用的公眾持股量要求（見下方） | ✔ | | 未符合適用的公眾持股量要求（見下方） | | | 根據《 ...

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12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: 盛源控股有限公司 呈交日期: 2026年1月2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) | 00851 | 說明 | 盛源控股有限公司 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 HKD | | 0.1 | HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 HKD | | 0.1 | HKD | | 600,000,000 | | 1. 股份分類 | 普通股 | 股份 ...

Group 1 - The company announced that Mr. Zhao Mingqing has resigned as the company secretary and authorized representative effective from December 17, 2025 [1] - Ms. Su Lishan, who meets the professional qualifications as per the listing rules, has been appointed as the new company secretary and authorized representative effective from December 17, 2025 [1]

Core Viewpoint - Shengyuan Holdings (00851) announced the resignation of Mr. Zhao Mingqing as the company secretary and authorized representative, effective from December 17, 2025. Ms. Su Lishan, who meets the professional qualifications stipulated in Rule 3.28 of the Listing Rules, has been appointed as the new company secretary and authorized representative, effective from the same date [1] Group 1 - Mr. Zhao Mingqing has resigned as company secretary and authorized representative [1] - Ms. Su Lishan has been appointed as the new company secretary and authorized representative [1] - The changes will take effect on December 17, 2025 [1]

Group 1 - The core announcement is that Shengyuan Holdings (00851.HK) has reported the resignation of Zhao Mingqing as the company secretary and authorized representative [1] - Su Lishan has been appointed as the new company secretary and authorized representative, effective from December 17, 2025 [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，概不就因 本公告全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承 擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：851） 更換公司秘書及授權代表 繼 趙 先 生 辭 任 後，董 事 會 欣 然 宣 佈，蘇 麗 珊 女 士（「蘇女士」），彼 具 備 上 市 規則第3.28條所規定的專業資格，已獲委任為公司秘書及授權代表，自 2025年12月17日起生效。 – 1 – 蘇女士的履歷載列如下： 蘇女士現為Vistra Corporate Services (HK) Limited公司秘書服務經理。彼 在企業服務行業擁有逾十年經驗，一直提供全方位的企業及合規服務。蘇 女士為香港公司治理公會及英國特許公司治理公會會員。彼曾擔任╱目前 擔任數家聯交所上市公司的公司秘書或聯席公司秘書。 董事會謹此感謝趙先生在任期間為本公司所作出的寶貴貢獻，並熱烈歡迎 蘇女士履新。 承董事會命 盛源控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，趙明 璟 先 生（「趙先生」）已 ...