此乃要件 請即處理 閣下如對本通函任何方面或 閣下應採取之行動有任何疑問，應諮詢 閣下之股票經紀或其他註冊證券 交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下永旺（香港）百貨有限公司之所有股份，應立即將本通函連同隨附之代表委任 表格交予買主或承讓人或經手買賣或轉讓之銀行、股票經紀或其他代理，以便轉交買主或承讓人。 購回及發行股份之一般授權、 重選退任董事、 選舉新任董事 及 股東週年大會通告 永旺（香港）百貨有限公司（「本公司」）董事會發出之函件載於本通函第3頁至第7頁。 本公司謹定於2025年5月29日（星期四）上午10時正假座香港新界荃灣青山公路388號中染大廈26樓07-11 室的會議室舉行股東週年大會，大會通告載於本通函第19頁至第22頁。無論 閣下能否出席大會，務請盡 快按照隨附之代表委任表格所列印之指示填妥表格，並交回本公司之股份過戶登記處卓佳證券登記有限 公司，地址為香港夏慤道16號遠東金融中心17樓，惟無論如何須於大會或續會指定舉行時間48小時前送達。 本公司股東填妥及交回代表委任表格後，仍可依願親身出席股東週年大會或任何續會並於會上投票。 2025年4月28日 香 ...

Financial Performance - In 2024, the company's revenue reached HKD 9,250 million, reflecting a steady growth trend compared to previous years[7]. - The company reported a loss attributable to shareholders of HKD 450 million in 2024, indicating a challenging financial environment[8]. - The group's total revenue for 2024 decreased by 6.9% to HKD 8,095.3 million compared to HKD 8,692.9 million in 2023[28]. - The adjusted EBITDA for the year was a loss of HKD 246.7 million, an increase in loss of HKD 88.9 million from the previous year's loss of HKD 157.8 million[30]. - The company recorded a loss attributable to shareholders of HKD 338.1 million, which is an increase of HKD 149.4 million compared to a loss of HKD 188.7 million in 2023[29]. - The gross profit margin decreased by 0.3% to 28.9% from 29.2% in 2023[28]. - Hong Kong's GDP for the past year was $286 billion, with retail sales value down 7.3% year-on-year in 2024[18]. - The group's Hong Kong business recorded a 9.5% decline, amounting to HKD 3,746 million, with a segment loss of HKD 288.2 million[20]. - In mainland China, the group's revenue for the year was HKD 4,349.3 million, a decrease of 4.5%, with a loss of HKD 65.9 million[22]. Strategic Initiatives - The company aims to increase the sales proportion of its private label products, TOPVALU, to enhance gross margins and attract consumers[13]. - The AEON App sales in Hong Kong experienced significant growth, highlighting the success of the company's digital transformation efforts[13]. - The company plans to expand its store network in Hong Kong and develop new store formats, including small specialty stores[14]. - The company will focus on accelerating digital transformation, enhancing e-commerce performance, and optimizing internal management to reduce operating costs[15]. - The group plans to open 8 new stores in the Greater Bay Area by 2025 to meet diverse consumer needs[26]. - The group aims to enhance its digital transformation, including the introduction of smart loss prevention systems and self-checkout systems in stores[25]. - The group will focus on promoting high-potential product categories to strengthen brand influence and market competitiveness[23]. Cost Management - The group successfully implemented cost control measures, reducing operational expenses through refined management[20]. - The group’s operating expenses saw a decrease in employee costs by 4.7%, while rental-related expenses increased by 1.3%[28]. - The company plans to optimize internal management and conduct a comprehensive review of existing systems to improve operational efficiency[24]. Sustainability and Environmental Impact - Aeon Group's direct carbon dioxide emissions from kitchen operations are projected to be 422 tons in 2024[46]. - Indirect carbon dioxide emissions from electricity consumption in stores are expected to total 115,713 tons in 2024[46]. - Aeon has recycled 2,561 tons of food waste for reuse in 2024[48]. - The total energy consumption for the group in the year was 151,150,100 kWh for electricity and 1,806,100 kWh for gas[51]. - The total water consumption for the group in the year was 1,054,000 cubic meters[52]. - Aeon collected 71 tons of used cooking oil for recycling into biodiesel products in 2024[50]. - The total packaging materials consumed by the group amounted to 149,600 kg, an increase attributed to early orders for Lunar New Year packaging[52]. - Aeon aims to reduce greenhouse gas emissions from all business activities to achieve a low-carbon society[49]. - The company promotes sustainable sourcing of fishery, aquatic, and agricultural products[57]. Employee Development and Welfare - The company emphasizes employee development through professional training and promotion opportunities to improve customer satisfaction[15]. - As of December 31, 2024, the group employed approximately 8,700 staff, with 6,500 being female[56]. - Total employee count is 8,700, with 3,000 aged 18-35, 4,300 aged 36-50, and 1,400 aged 50 and above[58]. - Employee turnover rate is 4.6%, with 5.1% for males and 4.5% for females; turnover is highest at 7.9% for ages 18-35[58]. - The average training hours per employee are 1.9 for males and 1.6 for females, with full-time administrative staff averaging 2.5 hours[65]. - No work-related fatalities occurred in the past three years, with approximately 1,986 workdays lost due to injuries in the reporting year[60]. - The company has established various training programs, including basic education for new employees and an internal certification system for specific roles[62]. - The employee retention mechanism includes biannual meetings with supervisors to discuss performance and career development[61]. Corporate Governance - AEON's management team includes experienced executives with extensive backgrounds in various operational roles within the company and its subsidiaries[77][78][79][80][81][82]. - AEON董事会由9名董事组成，其中独立非执行董事占三分之一，符合上市规则要求[93]. - The company adopted a nomination policy to ensure a balanced skill set, knowledge, experience, and diverse perspectives among board members[102]. - The company held its annual general meeting on May 27, 2024, with full attendance from all directors[103]. - The board has mechanisms in place to ensure independent viewpoints and opinions are obtained during decision-making processes[111]. - The company encourages directors to seek independent professional advice when necessary, with costs covered by the company[97]. - The company is committed to appointing at least three independent non-executive directors and ensuring that at least one-third of the board members are independent non-executive directors[113]. - The maximum service term for independent non-executive directors eligible for reappointment by the board is nine years[113]. - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming full compliance by all current directors throughout the year[131]. Related Party Transactions - The company has disclosed related party transactions in accordance with the listing rules, including ongoing transactions with its controlling shareholder, AEON Co., Ltd.[170]. - The total fees paid and payable to the auditor KPMG for the year include HKD 5,496,000 for audit services and HKD 1,596,000 for non-audit services, totaling HKD 7,092,000[141]. - The total amount paid and payable to AEON Group during the year reached RMB 39,677,258, not exceeding the announced cap of RMB 54,700,000[178]. - The company has compared service fees from AEON Group with those from independent third parties to ensure competitive pricing[175]. - The company has arranged appropriate liability insurance coverage for its directors and senior officers[169].

永旺超市在京最后一家门店即将关闭。近日，永旺超市丰台店宣布将于5月16日正式终止经营，永旺超市官方表示闭店是由于"公司业务调整"。实际上自 2017年以来，永旺在内地新开的门店中，综合超市的占比逐年下降，其中国内地的业务更是连续8年陷入亏损困境。对于永旺超市来讲，早年叫好叫座的生 鲜食品、进口商品逐渐失去吸引力，本土超市选品与配送服务快速改写着中国零售格局。想要重拾市场，永旺超市需要新的商业故事甚至全新的商业逻辑。 北京市场再无门店 北京商报记者走访位于丰台永旺梦乐城的永旺超市看到，门店贴出闭店公告，"永旺超市丰台店将于2025年5月16日结束营业后，正式终止经营"。公告显 示，永旺超市在河北燕郊镇和天津市共计5家店铺，均正常营业中。消费者所持有的永旺积分卡、购物卡等，可在以上5家门店继续使用。 目前，永旺超市丰台店仍正常经营，不过，店内的部分货架已出现商品空缺的现象。对此，超市服务台的工作人员表示，接下来超市基本不会再继续补 货，"若消费者还有未使用完的购物卡，可在闭店前前来消费"。至于闭店后购物卡未花完能否退费，上述工作人员表示暂未收到通知。 针对闭店原因及在北京的后续规划，北京商报记者采访了永旺中国相关 ...

Core Viewpoint - The deep integration of finance and culture is becoming an important force in promoting economic transformation, with Tianjin Rural Commercial Bank supporting traditional culture and industries through financial empowerment [1][2]. Group 1: Financial Support and Initiatives - Tianjin Rural Commercial Bank provided a credit loan of 3 million yuan to Tianjin Xinghe Yongwang Food Technology Co., Ltd., a non-heritage private micro-enterprise, to help overcome funding bottlenecks and achieve both skill inheritance and industrial upgrading [1][2]. - The bank established a special service team to conduct comprehensive research on Xinghe Yongwang, assessing supply chain stability, production efficiency, and market trends to create a tailored financial solution [2]. - The bank's actions reflect its commitment to inclusive finance and the national policy supporting private micro-enterprises, integrating financial services throughout the non-heritage industry chain [2]. Group 2: Growth and Performance Metrics - As of the end of March, Tianjin Rural Commercial Bank's loans to small and micro enterprises reached 145.287 billion yuan, an increase of 13.896 billion yuan from the previous year, representing a year-on-year growth of 21.29% [3]. - The bank aims to not only provide financial support but also to become a partner in developing cultural value and expanding local brands into broader markets [3]. - Future plans include leveraging financial technology to enhance support for private micro-enterprises, providing precise and efficient financial services to contribute to local economic and cultural prosperity [3].

AEON STORES (HONG KONG) CO., LIMITED 永 旺 (香 港 )百貨有限公司 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，概不對因本公佈全 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。 (於香港註冊成立之有限公司) (股份代號: 984) 公告 持續關連交易 訂立主許可協議及主服務協議 謹提述本公司於 2024 年 12 月 31 日的公告，有關(其中包括)本公司與 ATV Japan 訂立的補充主商標許可協議。補充主商標許可協議是雙方為 談判及最終確定於 2024 年 12 月 31 日到期過往主商標許可協議的交易 續期條款及條件而採取的臨時措施。雙方現已就條款及條件達成協議， 並載列於下文所述的兩份新主協議中。 於 2025 年 4 月 1 日，本公司與 ATV Japan 訂立主許可協議，據此 ATV Japan 同意向本集團授予使用 TopValu 商標的許可權，自 2025 年 3 月 1 日生效至(並包括)2027 年 12 月 31 日止，許可費用為 ATV 產品採 ...

Financial Performance - AEON Stores (Hong Kong) reported total revenue of HKD 8,095,338,000 for the year ended December 31, 2024, a decrease of 6.85% compared to HKD 8,692,870,000 in 2023[2]. - The company recorded a net loss of HKD 340,721,000 for the year, compared to a net loss of HKD 187,802,000 in the previous year, representing an increase in loss of 81.2%[2][3]. - The total comprehensive loss attributable to owners of the company was HKD 331,847,000 for the year, compared to HKD 187,076,000 in 2023[3]. - The group incurred a total loss of HKD 354,013,000 for the year ending December 31, 2024, compared to a loss of HKD 211,417,000 in the previous year, reflecting an increase in losses[15]. - The group reported a loss of HKD 338.07 million for the year, compared to a loss of HKD 188.66 million in 2023, resulting in a basic loss per share based on 260 million shares issued[21]. - The adjusted EBITDA for the group was a loss of HKD 246.7 million, increasing from a loss of HKD 157.8 million in 2023[40]. - The group's adjusted EBITDA for 2024 was HKD (246,652) thousand, compared to HKD (157,811) thousand in 2023, indicating a decline in operational performance[43]. Revenue Breakdown - Direct sales in Hong Kong amounted to HKD 3,745,995,000, while sales in Mainland China were HKD 4,349,343,000, indicating a shift in revenue distribution[15]. - The company's Hong Kong business recorded a revenue decline of 9.5%, totaling HKD 3,746.0 million in 2024, compared to HKD 4,140.9 million in 2023[31]. - The group's revenue for the year in mainland China was HKD 4,349.3 million, a decrease of 4.5% compared to HKD 4,552.0 million in 2023[33]. - Total revenue for the group decreased by 6.9% to HKD 8,095.3 million in 2024, down from HKD 8,692.9 million in 2023[39]. Assets and Liabilities - The total current liabilities net amount was HKD 1,199,273,000 as of December 31, 2024[6]. - The company’s total assets less current liabilities amounted to HKD 2,529,350,000 as of December 31, 2024[4]. - The group’s current liabilities exceeded current assets by HKD 1,199.3 million as of December 31, 2024, compared to HKD 683.7 million in 2023[41]. - The group has a negative debt-to-equity ratio of -53.32% as of December 31, 2024, due to a loan of HKD 229.7 million from the ultimate holding company AEON Co., Ltd.[41]. Cash Flow and Expenses - Operating cash flow and lease liabilities showed a net outflow of HKD 447,630,000 for the year ended December 31, 2024[6]. - The group confirmed cash flow forecasts indicating the ability to meet financial obligations for the next twelve months, supported by continued backing from its parent company, AEON Co., Ltd.[7]. - The total advertising, promotion, and selling expenses for 2024 were HKD 290.07 million, a slight decrease from HKD 295.98 million in 2023[6]. - The company's total other expenses for 2024 amounted to HKD 1,037.20 million, down from HKD 1,062.91 million in 2023[6]. - The net foreign exchange loss for the year was HKD 5.92 million, compared to a gain of HKD 6.12 million in 2023[7]. Inventory and Assets Management - The company’s inventory as of December 31, 2024, was HKD 845,714,000, slightly up from HKD 837,475,000 in 2023[4]. - Non-current assets, including property, plant, and equipment, increased to HKD 3,609,049,000 from HKD 3,213,060,000 in 2023, reflecting a growth of 12.3%[4]. - The group has pledged HKD 36.8 million of its deposits as collateral for rental deposits and HKD 7.0 million for regulatory purposes[41]. Strategic Initiatives - AEON Stores (Hong Kong) plans to continue focusing on operational efficiency and cost management strategies to mitigate losses in the upcoming fiscal year[6]. - The group successfully launched new products under its brands, such as TOPVALU and HÓME CÓORDY, contributing to increased brand awareness and sales growth[28]. - The group aims to enhance its digital transformation and improve customer experience through the introduction of smart loss prevention systems and smart shopping carts in stores[36]. - The group will continue to optimize its tenant structure and improve service quality to increase rental income, achieving a win-win development[37]. - The group plans to open 8 new stores in the Greater Bay Area in 2025, including locations in Guangzhou, Foshan, Shenzhen, and Jiangmen[37]. - Capital expenditure for the 2025 investment plan is estimated at approximately HKD 256 million for new store openings and renovations[38]. Dividend Policy - The group did not declare any final dividend for the year ending December 31, 2024, maintaining a zero dividend policy as in 2023[20]. - The group will not recommend any final dividend for the year ending December 31, 2024, compared to zero dividend in 2023[40]. Employment and Workforce - The group employed approximately 4,900 full-time and 3,900 part-time staff in Hong Kong and mainland China as of December 31, 2024[44]. Compliance and Review - The audit committee reviewed the annual performance for the year ended December 31, 2024, in conjunction with management[48].

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，概不對因本公佈全 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。 AEON STORES (HONG KONG) CO., LIMITED 永 旺 (香 港 )百貨有限公司 (於香港註冊成立之有限公司) (股份代號: 984) 董事之退任 及 董事之提名 董事之退任 在 2025 年 3 月 28 日舉行之董事會會議上，董事會決定推薦黃美玲女士（「黃女 士」）在 2025 年股東週年大會上遴選本公司董事。黃女士的任命將提交予 2025 年 股東週年大會上進行普通決議。倘在 2025 年股東週年大會上獲得任命，黃女士將 被委任為本公司的獨立非執行董事。 黃女士，63 歲，獲科廷大學金融學碩士學位。彼為香港會計師公會會員，於會計 領域擁有逾 30 年經驗。黃女士自 2023 年 3 月 15 日起擔任 China New Energy Limited 獨立非執行董事(股份代號︰1156)(其股份在香港聯合交易所有限公司 （「聯交所」）主板上市)。彼亦於 2011 年 7 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 8,095,338,000, a decrease of 6.85% from HKD 8,692,870,000 in 2023[2] - The company recorded a net loss of HKD 340,721,000 for the year, compared to a net loss of HKD 187,802,000 in the previous year, representing an increase in losses of 81.2%[3] - The group incurred a total loss of HKD 354,013,000 for the year ending December 31, 2024, compared to a loss of HKD 211,417,000 in the previous year, indicating a significant increase in losses[15] - The basic and diluted loss per share was HKD 130.03, compared to HKD 72.56 in the previous year, indicating a worsening financial position[2] - The group reported a loss of HKD 338.07 million for the year, compared to a loss of HKD 188.66 million in 2023, resulting in a basic loss per share based on 260 million shares issued[21] - The adjusted EBITDA for the group was a loss of HKD 246.7 million, increasing from a loss of HKD 157.8 million in 2023, primarily due to decreased revenue[40] - The group's adjusted EBITDA for 2024 was HKD (246,652) thousand, compared to HKD (157,811) thousand in 2023, indicating a decline in operational performance[43] Revenue Breakdown - Direct sales contributed HKD 7,619,076,000, with HKD 3,478,040,000 from Hong Kong and HKD 4,141,036,000 from Mainland China for the year ending December 31, 2024[10] - The company's Hong Kong business recorded a revenue decline of 9.5%, totaling HKD 3,746.0 million in 2024, compared to HKD 4,140.9 million in 2023[31] - The group's revenue for the year in mainland China was HKD 4,349.3 million, a decrease of 4.5% from HKD 4,552.0 million in 2023, with a recorded loss of HKD 65.9 million compared to a loss of HKD 61.5 million in 2023[33] - The overall revenue for the group decreased by 6.9% to HKD 8,095.3 million in 2024, down from HKD 8,692.9 million in 2023, with a gross profit margin reduction of 0.3% to 28.9%[39] Assets and Liabilities - Total assets less current liabilities amounted to HKD 2,529,350,000, an increase from HKD 2,409,776,000 in 2023[4] - The company's current liabilities net amount was HKD 1,199,273,000, indicating a significant financial burden[6] - The group’s total liabilities increased to HKD 3,045,539,000 from HKD 3,049,656,000, showing a slight decrease of 0.14%[4] - The net current liabilities as of December 31, 2024, amounted to HKD 1,199.3 million, an increase from HKD 683.7 million in 2023[41] - The group has a negative debt-to-equity ratio of -53.32% as of December 31, 2024, due to a loan of HKD 229.7 million from the ultimate holding company AEON Co., Ltd.[41] Cash Flow and Financial Support - The company's operating cash flow and lease liabilities showed a net outflow of HKD 447,630,000 as of December 31, 2024[6] - The group’s cash flow forecast indicates a need for continued support from its parent company, AEON Co., Ltd., including the extension of repayment for inter-company loans of HKD 229,659,000[7] - As of December 31, 2024, the group's cash and bank deposits reached HKD 830.6 million, down from HKD 1,149.6 million in 2023[41] - The group experienced a net cash outflow of HKD 447.6 million from operating activities and lease liabilities for the year ended December 31, 2024[51] Cost Management and Operational Efficiency - The company reported a decrease in employee costs to HKD 965,101,000 from HKD 1,013,050,000, a reduction of approximately 4.73%[2] - The total advertising, promotion, and selling expenses for 2024 were HKD 290.07 million, a slight decrease from HKD 295.98 million in 2023[6] - The total administrative expenses for 2024 were HKD 221.63 million, slightly down from HKD 224.66 million in 2023[6] - The group implemented cost control measures, reducing overall operating expenses through refined management and process optimization[30] - The group will optimize internal management and conduct a comprehensive review of existing systems to improve operational efficiency and productivity[35] Government Support and Subsidies - The group received government subsidies amounting to HKD 7,432,000 in 2024, a substantial increase from HKD 751,000 in 2023[17] - The group achieved a significant increase in government subsidies, rising by HKD 6.7 million to HKD 7.4 million in 2024, compared to HKD 0.7 million in 2023[39] Future Plans and Developments - The group plans to open 8 new stores in the Greater Bay Area in 2025, including independent supermarkets in Guangzhou, Foshan, Shenzhen, and Jiangmen[37] - The group aims to enhance its digital transformation, focusing on O2O integration to improve customer experience and reduce marketing costs[33] - The group will introduce smart loss prevention systems and smart shopping carts in select stores to enhance customer shopping experience and operational efficiency[36] - The group will continue to promote high-potential product categories and increase the sales composition of its own brands to strengthen market competitiveness[35] - The group plans to invest approximately HKD 256 million in capital expenditures for new store openings and renovations in 2025[38] Challenges and Market Conditions - The group faced significant external challenges, including weak external demand and rising geopolitical risks, impacting the retail sector in Hong Kong and mainland China[27] - The group confirmed that the application of revised Hong Kong Financial Reporting Standards did not have a significant impact on the financial position and performance for the current and prior periods[8] Employee and Operational Metrics - The group employed approximately 4,900 full-time and 3,900 part-time staff as of December 31, 2024, focusing on employee development and service quality[44] - The average settlement period for accounts receivable is 10 days, with HKD 28.73 million due within 30 days, down from HKD 46.12 million in 2023[23] Audit and Compliance - The audit committee reviewed the annual performance for the year ended December 31, 2024, in conjunction with management[48] - The company did not declare any final dividend for the year ending December 31, 2024, maintaining a zero dividend policy as in 2023[20]

国富港股通远见价值混合A(009846)近一年回报达 20.37% 国富港股通远见价值混合A（基金代码：009846）是国海富兰克林基金旗下的一只混合型基金，成立于 2020年8月18日。现任基金经理徐成自2020年8月18日起任职，总管理规模达76.51亿元。该基金主要投 资于质地优良的港股通标的股票，在严控组合风险及考虑流动性的前提下，追求超越业绩比较基准的投 资回报，力争基金资产的持续稳健增值。截至2025年3月25日，国富港股通远见价值混合A近一年回报 达20.37%，跑赢中证混合型基金指数回报（9.86%），在混合型基金中排名前15%。从风控能力来看， 截至2025年3月25日，近三年基金最大回撤为35.68%。从基金规模来看，截至2024年12月31日，该基金 的规模已达到10.85亿元。基金份额方面，最新公告显示截至2024年12月31日基金份额为16.24亿份。从 持有人结构来看，根据2024年中期报告数据，该基金的机构持有人比例达57.49%，半年间机构持有份 额增长7972.10万份。徐成，男，中国籍，18年证券从业经历，CFA，朴茨茅斯大学（英国）金融决策 分析硕士。历任永丰金证券（亚洲 ...

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，並明確表示概不就因本公佈 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 AEON STORES (HONG KONG) CO., LIMITED 永旺(香港)百貨有限公司 (於香港註冊成立之有限公司) (股份代號: 984) 永旺（香港）百貨有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公 司訂於2025年3月28日（星期五）舉行董事會會議，藉以（其中包括）批准本 公司及其附屬公司截至2024年12月31日止年度之全年業績公佈，及考慮建議 派付末期股息（如有）。 承董事會命 永旺(香港)百貨有限公司 公司秘書 陳鄺良 香港，2025年3月18日 於本公佈日期，執行董事為長島武德先生及久永晋也先生；非執行董事為 後藤俊哉先生、猪原弘行先生、藤田健二先生及横地庸利先生；及獨立非執 行董事為周志堂先生、水野英人先生及沈詠婷女士。 董事會會議召開日期 ...