此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢持牌證券商或註冊證券機構、銀 行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下之Hua Yin International Holdings Limited華音國際控股有限公司股份全部出售 或轉讓，應立即將本通函連同隨附之代表委任表格送交買主或承讓人或經手買賣或轉讓之銀行 經理、持牌證券商或註冊證券機構或其他代理商，以便轉交買主或承讓人。 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通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就因本通函之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。 HUA YIN INTERNATIONAL HOLDINGS LIMITED 989 (1)有關出售目標公司全部股權之非常重大出售事項； (2)建議股本重組及股份溢價削減； 及 (3)股東特別大會通告 本公司之財務顧問 | 釋義 | | 1 | | --- | --- | --- | | 預期時間表 | | 7 | | 董事會函件 | | 9 | | 附錄一 – | 本集團財務資料 | ...

HUA YIN INTERNATIONAL HOLDINGS LIMITED 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 不會 就 因 本 公 告 之 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 。 本 公 司 擬 將 出 售 通 函 及 股 本 重 組 通 函 所 載 的 資 料 合 併，並 以 一 份 通 函（「合 併 通 函 」 ） 呈 列 該 等 資 料 。 華 音 國際 控 股 有限 公 司 ( 於百慕達註冊成立之有限公司 ) (股份代號：989) 延 遲 寄 發 通 函 （ 一 ） 涉 及 出 售 目 標 公 司 全 部 股 權 之 非 常 重 大 出 售 事 項 ； 和 (二 ) 擬 進 行 股 本 重 組 及 股 份 溢 價 削 減 茲 提 述 (i) Hua Yin International Holdings Lim ...

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 不會 就 因 本 公 告 之 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 。 物 業 項 目 未 來 的 資 金 需 求，董 事 會 認 為 本 集 團 剝 離 撫 松 物 業 項 目 較 為 合 適。 因 此，本 集 團 管 理 層 根 據 截 至 二 零 二 四 年 九 月 三 十 日 的 評 估 值，並 針 對 擬 短 期 出 售 撫 松 物 業 項 目 應 用 折 現 系 數 ， 重 新 估 計 撫 松 物 業 項 目 的 開 發 中 物 業 之 最 新 可 變 現 淨 值 。 該 評 估 導 致 估 計 減 值 約 人 民 幣637,900,000元 。 本 公 告 乃 Hua Yin International Holdings Limited 華 音 國 際 控 股 有 限 公 ...

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 會 就 因 本 公 告 之 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 。 HUA YIN INTERNATIONAL HOLDINGS LIMITED 華 音 國際 控 股 有限 公 司 ( 於百慕達註冊成立之有限公司 ) (股份代號：989) 建 議 股本 重 組 及 股 份 溢 價削 減 建議股本重組及削減股份溢價 董 事 會 建 議 按 以 下 方 式 實 行 股 本 重 組 ： (a) 股份合併 建 議 股 份 合 併 以 每 二 十 (20)股 每 股 面 值 0.05 港 元 的 本 公 司 已 發 行 及 未 發 行 普 通 股 合 併 為 一 (1)股 每 股 面 值 1.00 港 元 的 合 併 股 份 ； (b) 股本削減及拆細 緊 隨 股 份 合 併 生 效 後 ...

HUA YIN INTERNATIONAL HOLDINGS LIMITED 華 音 國際 控 股 有限 公 司 伍 文 傑 香 港 ， 二 零 二 四 年 十 一 月 十 一 日 ( 於百慕達註冊成立之有限公司 ) (股份代號：989) 董 事 會會 議 日 期 Hua Yin International Holdings Limited 華 音 國 際 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 四 年 十 一 月 二 十 八 日 (星 期 四 ) 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 二 零 二 四 年 九 月 三 十 日 止 六 個 月 期 間 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 Hua Yin International Holdings Limited 華 音 國 際 控 股 有 限 公 司 公 司 秘 書 香 港 交 易 及 結 算 所 有 限 ...

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，並明確表示概不會就因本公告之全部或任何部份內 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。 HUA YIN INTERNATIONAL HOLDINGS LIMITED 989 本公司之財務顧問 於二零二四年十月二十五日（交易時段後），該等賣方與買方（獨立第三方）訂立該協 議，據此，根據該協議之條款，該等賣方有條件同意向買方出售，而買方有條件同意 收購目標公司全部股權，代價為人民幣1.0元。 完成後，目標集團將不再為本集團之附屬公司，其財務業績將不再於本集團財務報表 綜合入賬。 上市規則之涵義 由於出售事項涉及之一個適用百分比率（定義見上市規則）超過75%，根據上市規則第 14.06(4)條，出售事項構成本公司之一項非常重大出售事項，並因此須遵守上市規則第 14章項下的申報、公告、通函及股東批准規定。 一般事項 本公司將召開及舉行股東特別大會，以供股東考慮並酌情批准（其中包括）該協議及其 項下擬進行之交易。據董事經作出一切合理查詢後所深知、盡悉及確信，於本公告日 - 1 - 期，概無股東於該 ...

Financial Performance - For the year ended March 31, 2024, the Group's overall revenue was approximately RMB 116.1 million, a decrease of 70.5% compared to RMB 394.1 million for the year ended March 31, 2023[7]. - The Group recorded a gross profit of approximately RMB 9.9 million, down from RMB 56.1 million in the previous year, indicating a significant decline in profitability[8]. - The net loss for the year was approximately RMB 193.3 million, compared to a net profit of approximately RMB 366.0 million for the year ended March 31, 2023[8]. - Basic loss per share was RMB (2.68), compared to earnings of RMB 5.17 per share in 2023[179]. - The adjusted capital decreased to RMB 370,550,000 from RMB 487,664,000 in 2023, a reduction of 24%[170]. Revenue and Income Sources - Rental income increased by 9.4% for the year ended March 31, 2024, primarily due to an increase in the average occupancy rate of shopping mall units in Baishan City, PRC[14]. - As of March 31, 2024, property management service revenue remained stable at RMB 32,900,000, compared to RMB 32,800,000 for the year ended March 31, 2023[163]. Expenses and Costs - Administrative expenses rose by approximately RMB 3.1 million to RMB 38.5 million, mainly due to the opening of the Group's office for its ginseng and mineral spring water businesses[17]. - Other expenses rose by approximately RMB 75.6 million from RMB 11.3 million for the year ended March 31, 2023, to RMB 86.9 million for the year ended March 31, 2024, largely due to a write-down of the Fusong Property Project of approximately RMB 84.3 million[38]. - The finance costs for the year ended March 31, 2024, increased by RMB 6.4 million to approximately RMB 23.1 million, mainly due to an increase in interest on Convertible Bonds and bank borrowings[41]. Assets and Liabilities - As of March 31, 2024, the Group's cash and bank deposits amounted to approximately RMB 53.6 million, a decrease of about 23.3% from RMB 69.9 million as of March 31, 2023, primarily due to loan repayments and operational expenses[33]. - The Group's bank and other borrowings decreased from RMB 674.7 million as of March 31, 2023, to RMB 651.6 million as of March 31, 2024, due to repayments made during the year[34]. - The Group recorded a deferred tax credit of approximately RMB 36.8 million, primarily from the reversal of taxable temporary differences related to property write-downs and decreases in investment property values[23]. - The Group's maximum exposure to credit risk was primarily from pledged bank deposits, bank balances, cash, and trade receivables, with trade receivables from the largest single customer representing less than 5% of the total[90]. Market and Industry Insights - The healthcare industry is projected to reach a market size of RMB 9 trillion in 2024, presenting significant growth opportunities despite current market challenges[5]. - The market for healthcare products and services is experiencing a continuous increase in consumption, indicating a shift in consumer demand towards health-related sectors[4]. Management and Governance - The company has a strong governance structure with independent non-executive directors actively participating in various committees, enhancing oversight and accountability[113]. - The financial management team, led by experienced directors, is dedicated to maintaining robust financial reporting and corporate governance practices[135]. - The company is focused on strategic policy and decision-making, with a commitment to investment promotion and urban development in Jilin Province[126]. Strategic Initiatives - The company plans to leverage resources from the ginseng base and "Changbaishan" mineral water brand to enhance its cultural tourism and healthcare industry integration[182]. - The Group aims to achieve asset-light and low-debt operations through joint ventures and cooperation, aligning with domestic economic development trends[182]. Employee and Staffing - As of March 31, 2024, the Group had 226 full-time employees, an increase from 202 employees as of March 31, 2023[94]. - Total staff costs for the year ended March 31, 2024, amounted to approximately RMB 26.0 million, up from RMB 23.4 million for the previous year, primarily due to the increase in staff numbers[94].

Financial Performance - Total revenue for the year ended March 31, 2023, was RMB 394,107,000, with property development revenue at RMB 382,004,000 and rental income at RMB 12,103,000[17]. - The company reported a total of RMB 8,940,000 in other income for the year, a significant decrease from RMB 550,510,000 in the previous year[17]. - Revenue fell by 70.5% from RMB 394,100,000 for the year ended March 31, 2023, to RMB 116,100,000 for the year ended March 31, 2024, primarily due to the significant drop in property sales[79]. - The group reported an adjusted loss of RMB 193,330 for the year, compared to a profit of RMB 366,009 in the previous year[52]. - The gross profit recorded was approximately RMB 9,900,000 with a gross margin of about 8.5%, down from RMB 56,100,000 and 14.2% respectively for the previous year[82]. - The gross profit margin for property leasing was 64.9% for the year ended March 31, 2024, compared to 71.2% in the previous year[106]. Assets and Liabilities - The company reported a decrease in net assets from RMB 397,612,000 in 2023 to RMB 228,874,000 in 2024, reflecting a significant decline[2]. - The total non-current liabilities increased slightly from RMB 388,483,000 in 2023 to RMB 396,043,000 in 2024, indicating a rise in financial obligations[2]. - The company’s equity attributable to shareholders decreased from RMB 397,612,000 in 2023 to RMB 228,874,000 in 2024, indicating a substantial reduction in shareholder value[2]. - The company’s deferred tax liabilities decreased from RMB 131,498,000 in 2023 to RMB 97,905,000 in 2024, suggesting improved tax management[2]. - The total amount of properties under development and completed properties held for sale increased to approximately RMB 1,606,800,000 as of March 31, 2024, compared to RMB 1,597,800,000 as of March 31, 2023[187]. Cash Flow and Financing - The company’s cash flow is expected to be sufficient to maintain operations, supporting the going concern basis for financial reporting[5]. - The group’s cash and bank balances at the end of the reporting period amounted to RMB 8,860,000, a decrease from RMB 20,201,174 in 2023[32]. - Cash and bank deposits decreased by approximately 23.3% to RMB 53,600,000 as of March 31, 2024, from RMB 69,900,000 in the previous year[126]. - The net cash outflow from operating activities was RMB 81,900,000 for the year ended March 31, 2024, compared to RMB 67,100,000 for the year ended March 31, 2023[192]. - The group’s bank loans totaled RMB 231,000,000 with fixed interest rates ranging from 7.3% to 7.35%[64]. - The interest expense on bank and other borrowings increased significantly to RMB 61,772,000 from RMB 19,861,000 in the previous year[112]. Property Development and Sales - The group confirmed property sales from completed projects totaling approximately RMB 67,100,000, with a total construction area of 13,046 square meters[79]. - The group's property sales decreased by approximately RMB 279,200,000 or 80.0%, from RMB 349,100,000 for the year ended March 31, 2023, to about RMB 69,900,000 for the year ended March 31, 2024[75]. - The group is focusing on land replenishment in Northeast China, given the uncertainty in the real estate market[74]. - The group has two ongoing residential projects, with the second phase of the Guanzhong Jiuxi Hongfu project completed in April 2024[100]. - The group plans to diversify its real estate development business to mitigate risks and create sustainable business development models[96]. Market Conditions and Risks - The group is closely monitoring risks associated with the Chinese property market, including policy changes and economic conditions, focusing on the Northeast region where it has extensive experience[193]. - The group faces risks related to the national and regional property markets, which may adversely affect its business and financial performance[193]. - The group’s cash flow risk is a concern, necessitating careful management of liquidity[194]. Employee and Operational Costs - Total employee costs for 2024 were RMB 24,896, an increase from RMB 22,154 in 2023[47]. - As of March 31, 2024, the total employee cost amounted to RMB 26,000,000, an increase from RMB 23,400,000 as of March 31, 2023, primarily due to an increase in the number of employees[168]. Corporate Governance and Compliance - The group has complied with the corporate governance code as per the listing rules for the year ended March 31, 2024[169]. - The group did not incur any significant losses from the guarantees provided for mortgage loans during the year[176]. - The group’s independent auditor confirmed that the financial statements reflect a true and fair view of the group's financial position as of March 31, 2024[183].

Financial Performance - For the six months ended September 30, 2023, the Group's overall revenue was approximately RMB 44.0 million, representing a decrease of 86.9% compared to RMB 335.5 million for the same period in 2022[15]. - The Group reported a gross profit of RMB 15.8 million for the six months ended September 30, 2023, down from RMB 54.3 million in the same period last year[15]. - The net loss for the period was RMB 79.9 million, a significant decline from a net profit of RMB 416.6 million for the six months ended September 30, 2022[15]. - Revenue for the six months ended September 30, 2023, was RMB 44,002,000, a significant decrease of 87.8% compared to RMB 335,505,000 for the same period in 2022[132]. - Gross profit for the same period was RMB 15,841,000, down 70.8% from RMB 54,274,000 in the previous year[132]. - Loss before tax amounted to RMB 86,159,000, compared to a profit of RMB 517,672,000 in the prior year, indicating a substantial decline in performance[132]. - The company reported a loss for the period of RMB 79,919,000, contrasting sharply with a profit of RMB 416,562,000 in the same period last year[132]. Revenue Sources - The property development and management segment generated revenue of RMB 37,558,000, while the property investment segment contributed RMB 6,444,000[171]. - Revenue from property sales was RMB 21,009,000, with property management service income contributing RMB 16,549,000[176]. - Rental income for the period was RMB 6,444,000, indicating a focus on property investment as a revenue source[176]. - Other income totaled RMB 251,000, a significant decrease from RMB 540,596,000 in the previous year, primarily due to the reversal of write-downs of properties under development[184]. Expenses and Costs - Administrative expenses increased by RMB5.6 million to RMB22.1 million, attributed to higher travel and office expenditures, as well as a one-off commission for the placement of Convertible Bonds[43]. - Other income decreased from RMB 540.6 million for the six months ended 30 September 2022 to RMB 300,000 for the six months ended 30 September 2023, primarily due to a reversal of impairment on the Fusong Property Project amounting to RMB 536.5 million[44]. - Finance costs for the period amounted to RMB 25,163,000, while the change in fair value of derivative financial instruments resulted in a loss of RMB 23,918,000[171]. - Total finance costs decreased to RMB 25,163,000 for the six months ended 30 September 2023, down 37.2% from RMB 39,818,000 in the same period of 2022[187]. - Cost of properties sold significantly reduced to RMB 18,696,000, a decrease of 93% compared to RMB 268,938,000 for the six months ended 30 September 2022[190]. Assets and Liabilities - Total current assets as of September 30, 2023, were RMB 1,777,341,000, an increase from RMB 1,720,449,000 as of March 31, 2023[134]. - Current liabilities totaled RMB 1,458,120,000, a slight decrease from RMB 1,499,626,000 at the end of the previous fiscal year[134]. - The company has a significant amount of bank and other borrowings amounting to RMB 418,354,000 as of September 30, 2023[134]. - Total non-current liabilities increased to RMB 516,016,000 as of September 30, 2023, from RMB 388,483,000 as of March 31, 2023, marking a rise of 32.9%[135]. - The Group's current portion of bank and other borrowings amounted to RMB 418.4 million, while unrestricted cash and cash equivalents were RMB 78.4 million[125]. Cash Flow and Liquidity - The Group recorded a net operating cash outflow of RMB5.2 million, an improvement from RMB21.3 million for the same period in 2022[95][99]. - The company reported a net cash inflow from financing activities of RMB 13,624,000 for the six months ended September 30, 2023, compared to RMB 2,609,000 in the same period of 2022, indicating a significant increase of 421.5%[139]. - Cash and cash equivalents increased to RMB 78,371,000 from RMB 69,939,000, reflecting improved liquidity[134]. - The Group's unrestricted cash and cash equivalents were RMB 78,371,000, indicating potential liquidity challenges[152]. Strategic Developments - The Group completed the placing of convertible bonds with a principal amount of HK$ 60 million in June 2023, intended for new projects and debt repayment[13]. - A joint venture was established in June 2023 for a property development project in Dunhua City, with a total site area of approximately 64,880 square meters[11]. - The Group plans to continue replenishing its land reserve in the Northeastern area of the PRC, focusing on local experience amid market uncertainties[18]. - The Group plans to utilize net proceeds from fundraising activities for potential acquisitions and projects, with RMB30.85 million unutilized as of September 30, 2023[102]. Market Conditions and Future Outlook - The Group's financial position may be impacted by the current conditions in the property market and limited financing sources from the capital market[152]. - The directors believe the company can continue as a going concern despite the significant uncertainties regarding its operational viability[129]. - The Group anticipates continuous financial support from its major shareholders, who have confirmed they will not demand repayment of loans within the next twelve months if the Group is unable to do so[161]. - The financial results indicate a need for strategic reassessment and potential market expansion to recover from the current downturn[171].

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，並明確表示概不會就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之任何損失承擔任何責任。 HUA YIN INTERNATIONAL HOLDINGS LIMITED 華 音 國 際 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：989） 截至二零二三年九月三十日止六個月 中期業績公告 Hua Yin International Holdings Limited華音國際控股有限公司（「本公司」）之董事（「董 事」）會（「董事會」）宣佈，本公司及其附屬公司（統稱「本集團」）截至二零二三年九 月三十日止六個月之未經審核簡明綜合中期業績，連同比較數字如下： 簡明綜合損益表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 （未經審核） （未經審核） 附註 人民幣千元 人民幣千元 收益 5(a) 44,002 335,505 銷售及服務成本 (28,161) (281,231) 毛利 15,841 54,274 ...