格隆汇8月28日丨华联国际(00969.HK)发布公告，马耀添先生及郑璟烨先生分别获委任为独立非执行董 事，均自2025年8月28日起生效。 ...

華聯國際（控股）有限公司董事會（「董事會」）成員載列如下，自二零二五年八月二十八日 起生效： 執行董事 吳樹榮先生 （主席） 黃麗萍女士 王相先生 劉俊先生 李寶劍先生 HUA LIEN INTERNATIONAL (HOLDING) COMPANY LIMITED * 969 董事名單與其角色和職能 獨立非執行董事 石柱先生（暫停職務） 馬耀添先生 鄭璟燁先生 董事會已設立三個委員會。下表提供各董事會成員在這些委員會中所擔任的職位資料。 | 董事 | 委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | | 吳樹榮先生 | | | M | C | | 黃麗萍女士 | | | | M | | 王相先生 | | | | | | 劉俊先生 | | | M | | | 李寶劍先生 | | | | | | 石柱先生 | | M | C | M | | 馬耀添先生 | | M | M | M | | 鄭璟燁先生 | | C | M | M | 附註： C 相關董事委員會之主席 M 相關董事委員會之成員 香港，二零二五年八月二十八日 * 僅供識別 ...

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之內容概不負責，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。 HUA LIEN INTERNATIONAL (HOLDING) COMPANY LIMITED * 969 (1)委任獨立非執行董事； (2)董事委員會組成人員變動； 及 (3)符合上市規則規定 董事會宣佈，自二零二五年八月二十八日起： 於本公告日期，繼委任獨立非執行董事及董事委員會組成人員變動後，本公司符合上 市規則第3.10(1)、3.10(2)、3.10A、3.21、3.25及3.27A條項下之規定。 (1) 委任獨立非執行董事 華聯國際（控股）有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，馬耀添先生 （「馬先生」）及鄭璟燁先生（「鄭先生」）分別獲委任為獨立非執行董事，均自二零二五 年八月二十八日起生效。 - 1 - (1) 馬先生獲委任為獨立非執行董事以及審核委員會、薪酬委員會及提名委員會成 員；及 (2) 鄭先生獲委任為獨立非執行董事、審核委員會主席及成員以及提名委員會及薪酬 ...

格隆汇8月19日丨华联国际(00969.HK)公布，谨定于2025年8月29日(星期五)举行公司董事会会议，藉以 考虑及通过(其中包括)公司及其附属公司截至2025年6月30日止六个月的中期业绩。 ...

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。 董事會召開日期 華聯國際(控股)有限公司(「本公司」)之董事會(「董事會」)茲通告謹定於 二零二五年八月二十九日(星期五)舉行本公司董事會會議，藉以考慮及通過 (其中包括)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之中期業 績。 承董事會命 華聯國際(控股)有限公司 主席 吳樹榮 * 僅供識別 香港，二零二五年八月十九日 於本公告日期，本公司董事會由六名董事組成，其中包括五名執行董事吳樹榮先 生、黃麗萍女士、王相先生、劉俊先生及李寶劍先生；以及一名獨立非執行董事 石柱先生（暫停職務）。 ...

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: 華聯國際(控股)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) | 00969 | 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 | | | 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 | 本月底法 ...

Group 1 - Hong Kong agricultural stocks experienced an initial rise, with Hualian International (00969.HK) increasing by over 83% [1] - October Rice Field (09676.HK) saw a rise of more than 16.5% [1]

Financial Performance - The group's revenue increased by approximately 3.5% to about HKD 147,300,000 for the year ended December 31, 2024, compared to HKD 142,300,000 in 2023[7] - Gross profit rose by approximately HKD 19,200,000 to about HKD 40,800,000, with a gross profit margin increase of approximately 12.5% to about 27.7%[7] - The pre-tax loss decreased by approximately HKD 16,900,000 to about HKD 41,400,000, down from HKD 58,300,000 in 2023[8] - Basic loss per share for the year was approximately HKD 1.47, compared to HKD 1.88 in 2023[9] - The company recorded a net loss of approximately 28.1 million HKD in its sugar and ethanol business segment, a reduction of approximately 29.8 million HKD compared to a net loss of approximately 57.9 million HKD in 2023[20] - The group reported a net loss of HKD 41,410,000 for the year ending December 31, 2024, with current liabilities and total liabilities amounting to HKD 1,107,936,000 and HKD 1,126,753,000 respectively, indicating significant uncertainty regarding the group's ability to continue as a going concern[196] Production and Sales - The average selling price of raw sugar and molasses increased by approximately 6.3% and 23.9%, respectively, due to adverse weather conditions affecting production in major sugar-producing countries[14] - Raw sugar and molasses sales volumes decreased by approximately 2.5% and 3.6%, respectively, attributed to reduced production[15] - The group crushed approximately 176,200 tons of sugarcane, producing about 11,100 tons of raw sugar and about 9,100 tons of molasses, compared to 189,000 tons of sugarcane and 11,300 tons of raw sugar in 2023[15] - The supply of sugarcane from farmers decreased by approximately 10.7%, from about 80,000 tons in 2023 to 71,400 tons in 2024[15] - The area planted with sugarcane decreased by approximately 3.1% from about 2,266 hectares in 2023 to 2,157 hectares in 2024[15] Dividends and Reserves - The board does not recommend the payment of a dividend for the year ended December 31, 2024[10] - The company does not recommend paying dividends for the years ended December 31, 2024, and 2023[24] - The company's distributable reserves include special reserves of approximately HKD 468,577,000, offsetting accumulated losses of approximately HKD 1,820,721,000[77] - The company will periodically review its dividend policy and reserves the right to update or amend it at any time[184] Corporate Governance - The company has adopted a board diversity policy since March 27, 2014, with measurable goals related to gender, age, skills, and experience[142] - The board consists of three executive directors, two non-executive directors, and three independent non-executive directors, ensuring a diverse range of expertise and independent judgment[118] - The board has emphasized the importance of maintaining high standards of corporate governance to enhance shareholder value and protect shareholder interests[109] - The company has complied with the corporate governance code, with some deviations noted in specific clauses[110] - The company has mechanisms in place to ensure the board receives independent views and opinions, which have been reviewed for effectiveness[129] Risk Management and Internal Controls - The audit committee assessed the effectiveness of the group's risk management and internal control systems at least annually[168] - The group has implemented policies and procedures to evaluate and improve the effectiveness of its risk management and internal control systems[172] - The internal audit department conducts reviews of the group's risk management and internal control aspects and reports to the board and audit committee at least annually[169] - The group maintains a zero-tolerance policy towards corruption and related misconduct, which is integral to its corporate governance framework[173] Employee and Labor Costs - Employee costs totaled approximately HKD 52,900,000 for the year, up from HKD 47,600,000 in 2023, reflecting a 13.4% increase mainly due to a 15.3% rise in wages[47] - The number of temporary employees decreased by 114 (approximately 21.8%) to 408 as of December 31, 2024, due to the delayed start of the crushing season[47] - The company has taken measures to promote diversity at all levels of the employee team[146] Investments and Capital Expenditures - The company invested approximately HKD 4,231,000 in the acquisition of properties, plants, and equipment during the year, compared to HKD 2,252,000 in 2023[75] - There were no significant investments or capital asset plans reported for the review year[46] Future Outlook - The global supply of edible sugar is expected to increase in 2025, with the potential for 1 million tons of raw sugar to be exported to the world market[25] - The sugar production business's revenue and net operating loss may be negatively impacted in 2025 due to reduced sugarcane supply and rising production costs[25] Management Changes - The company appointed Mr. Wu Shurong as the Executive Director and Chairman of the Board on September 30, 2024, bringing over 16 years of experience in business management and investment management[50] - Mr. Wang Xiang, with over 24 years of legal and corporate governance experience, was appointed as an Executive Director and Nomination Committee member on September 30, 2024[51] - Mr. Liu Jun, who has over 10 years of financial management experience, was appointed as an Executive Director and Compensation Committee member on September 30, 2024[52] - Mr. Li Baojian, with over 16 years of experience in agricultural business and financial management, was appointed as an Executive Director on September 30, 2024[53] - Dr. Wu Liwen, appointed as an Independent Non-Executive Director, has approximately 30 years of experience in professional accounting services and corporate finance[54] - Mr. Chen Chuanren, with around 40 years of legal experience, was appointed as an Independent Non-Executive Director on September 30, 2024[56]

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 147,289,000, an increase of 3.5% compared to HKD 142,298,000 in 2023[2]. - Gross profit for the year was HKD 40,757,000, significantly up from HKD 21,595,000 in the previous year, representing an increase of 88.6%[2]. - The net loss for the year was HKD 41,410,000, a reduction of 29% from a net loss of HKD 58,267,000 in 2023[2][3]. - The basic and diluted loss per share improved to HKD 1.47 from HKD 1.88 in the previous year, reflecting a decrease of 21.8%[3]. - The company reported a total comprehensive loss of HKD 24,692,000 for the year, down from HKD 48,929,000 in 2023, indicating a 49.6% improvement[3]. - The total loss before tax for the fiscal year ending December 31, 2024, was 41,410 thousand HKD, which is an increase from a loss of 58,267 thousand HKD in the previous year, indicating an improvement in financial performance[16]. - Loss before tax decreased by approximately HKD 16,900,000 to about HKD 41,400,000 in 2024, down from HKD 58,300,000 in 2023[35]. - The net loss for the division decreased to approximately 28,100,000 HKD in 2024 from about 57,900,000 HKD in 2023, attributed to increased gross profit and reduced fair value losses on biological assets[46]. Assets and Liabilities - Total assets decreased to HKD 65,775,000 from HKD 86,071,000, a decline of 23.5% year-over-year[4]. - Total assets as of December 31, 2024, amounted to 65,775 thousand HKD, a decrease from 86,071 thousand HKD in the previous year, reflecting a reduction in asset base[19]. - The total liabilities as of December 31, 2024, were 1,192,528 thousand HKD, slightly up from 1,188,132 thousand HKD in the previous year, indicating a stable liability position[19]. - The company had issued 2,191,180,000 ordinary shares with a par value of HKD 0.1 each, and the attributable capital deficit was approximately HKD 908,600,000, compared to HKD 890,300,000 in 2023[50]. - Total borrowings as of December 31, 2024, amounted to approximately HKD 1,174,800,000, an increase from HKD 1,148,400,000 in 2023, with non-controlling interest payables at approximately HKD 631,300,000[51]. - Current liabilities remained relatively stable at HKD 1,168,501,000 compared to HKD 1,163,890,000 in 2023[4]. Operational Highlights - The ethanol business segment reported a loss of 1,794 thousand HKD for the fiscal year ending December 31, 2024, compared to a profit of 1,053 thousand HKD in the previous year, showing a significant decline in performance[16]. - The company incurred impairment losses on property, plant, and equipment amounting to 1,896 thousand HKD in 2024, compared to 1,179 thousand HKD in 2023, indicating increased asset write-downs[23]. - The expected credit loss on trade receivables for the fiscal year ending December 31, 2024, was a loss of 2,652 thousand HKD, a significant increase from a gain of 303 thousand HKD in the previous year[23]. - The company invested approximately HKD 4,231,000 in property, plant, and equipment during the year, compared to HKD 2,252,000 in 2023[28]. - The company experienced an increase in administrative expenses by approximately HKD 7,600,000, primarily due to professional fees related to corporate actions and rising labor costs[35]. Market and Pricing - Revenue increased by approximately 5,000,000 Jamaican dollars to about 2,900,000,000 Jamaican dollars (approximately 147,300,000 HKD) in 2024, compared to about 2,800,000,000 Jamaican dollars (approximately 142,300,000 HKD) in 2023, driven by a 6.3% increase in average prices of raw sugar and a 23.9% increase in molasses prices[39]. - Average prices for raw sugar and molasses per ton in 2024 were approximately 228,400 Jamaican dollars (approximately 11,400 HKD) and 34,900 Jamaican dollars (approximately 1,700 HKD), respectively, reflecting increases of about 6.3% and 23.9% from 2023[40]. - Sales volume for raw sugar and molasses decreased by approximately 2.5% and 3.6%, respectively, due to a reduction in production, with 176,200 tons of sugarcane processed in 2024, producing about 11,100 tons of raw sugar and 9,100 tons of molasses[41]. - The production of raw sugar and molasses decreased by approximately 200 tons (about 1.9%) and 1,900 tons (about 17.3%), respectively, due to a reduction of about 12,800 tons (about 6.8%) in sugarcane input[41]. - Average production costs for raw sugar and molasses per ton decreased by approximately 7% and 12.1%, respectively, with costs of about 166,700 Jamaican dollars (approximately 8,300 HKD) and 23,600 Jamaican dollars (approximately 1,200 HKD) in 2024[45]. Future Outlook and Strategy - The company plans to purchase two new harvesters to improve harvesting efficiency and reduce reliance on high-cost manual labor in response to expected increases in labor costs and decreases in sugarcane supply[64]. - The company plans to continue suspending the construction of its ethanol plant until a suitable alternative business plan is determined, expected to last until 2025[68]. - The company is focusing on improving factory and agricultural machinery maintenance to reduce equipment failures during the sugar cane crushing season[65]. - The company has implemented measures to enhance the quality and quantity of sugar cane, including weed control and timely recruitment of harvesting workers[65]. - The global supply of edible sugar is expected to increase in 2025, with an allowance for 1,000,000 tons of raw sugar exports from India, although Jamaican sugar prices are anticipated to adjust minimally due to high import tariffs[64]. Governance and Compliance - The company has adopted a code of conduct for directors' securities trading, which complies with the standards set out in the listing rules[77]. - The company has complied with the corporate governance code, with the exception of certain deviations regarding the separation of roles between the chairman and the CEO[69]. - The group did not purchase, sell, or redeem any of its listed securities during the year[78]. - The company did not engage in any significant acquisitions or disposals of subsidiaries or associates during the review period[57]. Cash Flow and Liquidity - Cash and cash equivalents decreased by approximately HKD 7,700,000 to about HKD 29,700,000 as of December 31, 2024, primarily due to net cash inflow from operating activities of approximately HKD 10,500,000[53]. - The company has received a commitment from its major shareholder to provide ongoing financial support, ensuring liquidity through at least December 31, 2025[7]. - The financial statements were prepared on a going concern basis despite significant doubts regarding the company's ability to continue operations[6].

Financial Performance - For the six months ended June 30, 2024, the company reported a revenue of HKD 87,896,000, an increase of 6.1% compared to HKD 82,396,000 for the same period in 2023[1] - The gross profit for the same period was HKD 33,682,000, representing a gross margin of 38.3%, up from HKD 29,128,000 in 2023[1] - The net loss for the six months ended June 30, 2024, was HKD 10,607,000, an improvement from a net loss of HKD 15,009,000 in the previous year, indicating a reduction in losses by 29.9%[2] - The total comprehensive loss for the period was HKD 2,579,000, an improvement from HKD 6,016,000 in the same period last year[3] - The total loss before tax for the six months ended June 30, 2024, was HKD 10,607,000, compared to a loss of HKD 15,009,000 for the same period in 2023, indicating an improvement in financial performance[20][29] - The loss for the period decreased by approximately HKD 4,400,000 to about HKD 10,600,000, compared to HKD 15,000,000 for the same period in 2023[59] Assets and Liabilities - The total assets as of June 30, 2024, amounted to HKD 101,456,000, an increase from HKD 86,071,000 as of December 31, 2023[4] - Current assets increased to HKD 95,395,000 from HKD 80,300,000, reflecting a growth of 18.8%[4] - The total liabilities as of June 30, 2024, were HKD 1,104,640,000, slightly up from HKD 1,102,061,000 at the end of 2023[5] - Total liabilities as of June 30, 2024, were approximately HKD 1,104,640,000, slightly up from HKD 1,102,061,000 as of December 31, 2023[11] - As of June 30, 2024, the company has an equity deficit of approximately HKD 893,900,000, slightly increased from approximately HKD 890,300,000 as of December 31, 2023[73] - Total borrowings as of June 30, 2024, amount to approximately HKD 1,166,500,000, up from approximately HKD 1,148,400,000 as of December 31, 2023[74] Cash Flow and Investments - Cash and cash equivalents decreased by HKD 6,586,000, ending at HKD 35,642,000 as of June 30, 2024, down from HKD 43,438,000 at the beginning of the period[5] - The company experienced a net cash outflow from operating activities of HKD 9,889,000 for the six months ended June 30, 2024, compared to a net cash inflow of HKD 3,264,000 in the same period of 2023[5] - The company’s net cash used in investing activities was HKD 3,094,000 for the six months ended June 30, 2024, compared to HKD 2,086,000 in the same period in 2023[5] - The company’s financing activities resulted in a net cash inflow of HKD 8,499,000, primarily from non-controlling interests[5] - The group invested approximately HKD 3,125,000 in the acquisition of properties, plants, and equipment during the period[33] Inventory and Receivables - The company reported a significant increase in inventory, which rose to HKD 48,208,000 from HKD 22,394,000, indicating a 115.5% increase[4] - As of June 30, 2024, the total inventory was HKD 76,915,000, with a net realizable value of HKD 48,208,000[35] - Trade receivables amounted to HKD 47,755,000, with a provision for impairment loss of HKD 46,080,000[40] Operational Segments - The company operates in three main segments: support services for saccharin and ethanol, sugar cane planting and sugar production, and ethanol biofuel[17] - The company did not record any revenue from external customers in the support services segment for the six months ended June 30, 2024, due to the inability to engage in ongoing related transactions[70] - The ethanol business segment reported a net operating loss of approximately 600,000 HKD for the six months ended June 30, 2024, primarily due to foreign exchange losses[70] - The ethanol business in Benin continues to be on hold due to the government's inability to execute land lease terms, resulting in an operating loss of approximately HKD 700,000 for the six months ended June 30, 2024, compared to an operating profit of approximately HKD 800,000 for the same period in 2023[72] Corporate Governance and Management - The company has adopted a new share option plan to attract and retain top personnel, although no options have been granted under this plan since its adoption[90] - The company has complied with the corporate governance code, except for the ongoing acquisition of insurance for directors' legal liability, which is expected to be completed in 2024[94] - The roles of the chairman and the CEO are clearly defined and separated, ensuring a balance of power within the board[95] - Independent non-executive directors are expected to actively participate in board meetings and contribute their expertise[95] - The company has not filled the vacancy of the managing director position following the resignation of Mr. Liao Yuanjiang on December 16, 2010[95] Future Outlook and Risks - The report contains forward-looking statements regarding the company's financial condition and business performance, which are subject to known and unknown risks[100] - The international sugar prices are expected to decline from current high levels due to improved global export supply, with production in India and Brazil projected to increase[85] - Jamaica's sugar prices will rise further in August 2024 to address rising production costs, including labor costs, with the new minimum wage effective from June 2024[85] - Hurricane "Beryl" impacted Jamaica in July 2024, causing damage to sugarcane and expected to reduce revenue and gross profit in the second half of 2024[85] - The company will not engage in export activities in 2024, focusing on meeting local demand in Jamaica due to government restrictions on raw sugar imports[85]