Core Viewpoint - The company has approved and adopted a revised dividend policy, setting the dividend payout ratio for shareholders at 50% to 60% of the company's profit attributable to equity shareholders for a fiscal year, subject to certain conditions and factors outlined in the revised policy [1] Summary by Relevant Sections - Dividend Policy Change - The revised dividend policy will take effect on August 15, 2025 [1]

智通财经APP讯，小菜园(00999)发布公告，于公司2025年8月15日召开的董事会会议上，独立非执行董 事方璇获委任为公司提名委员会委员，自2025年8月15日起生效。 ...

Core Viewpoint - The company reported a revenue of 2.714 billion RMB for the six months ending June 30, 2025, reflecting a year-on-year increase of 6.5% [1] - The profit attributable to equity shareholders was 382 million RMB, representing a year-on-year increase of 35.7% [1] - The company proposed an interim dividend of 0.2119 RMB per share [1] Revenue Breakdown - The increase in revenue was primarily driven by a rise in dine-in business, which contributed an additional 35.5 million RMB, and a significant growth in takeaway business, which increased by 1.28 billion RMB [1] - The dine-in revenue growth was attributed to an increase in the number of operational stores, with 672 "Little Garden" stores as of June 30, 2025, compared to 617 stores as of June 30, 2024 [1] - The takeaway revenue growth was due to an increase in the number of takeaway orders, which rose from 12.8 million orders in the six months ending June 30, 2024, to 16.8 million orders in the six months ending June 30, 2025 [1]

Core Viewpoint - The company reported a revenue increase of 6.5% year-on-year, reaching 2.714 billion RMB, with a significant rise in both dine-in and takeaway business segments [1] Financial Performance - Revenue for the six months ending June 30, 2025, was 2.714 billion RMB, up from the previous year [1] - Profit attributable to equity shareholders was 382 million RMB, reflecting a 35.7% increase year-on-year [1] - Basic earnings per share were 0.33 RMB, with an interim dividend proposed at 0.2119 RMB per share [1] Business Segments - Dine-in revenue increased by 35.5 million RMB, attributed to an increase in the number of operational stores [1] - The number of operational "Little Garden" stores rose from 617 as of June 30, 2024, to 672 as of June 30, 2025 [1] - Takeaway revenue grew by 128 million RMB, driven by an increase in takeaway orders from 12.8 million to 16.8 million over the same period [1] - The growth in takeaway orders was due to an increase in the number of stores offering takeaway services and enhanced appeal on online takeaway platforms [1]

Core Viewpoint - The company reported a revenue of RMB 2.714 billion for the six months ending June 30, 2025, representing a year-on-year growth of 6.5% and a significant increase in profit attributable to equity shareholders by 35.7% to RMB 382 million [1] Group 1: Financial Performance - Revenue for the first half of 2025 was RMB 2.714 billion, up 6.5% year-on-year [1] - Profit attributable to equity shareholders increased by 35.7% to RMB 382 million, with basic earnings per share at RMB 0.33 [1] - The company proposed an interim dividend of RMB 0.2119 per share [1] Group 2: Business Segments - Dine-in revenue rose by 2.2% to RMB 1.647 billion, driven by an increase in the number of operating stores [1] - As of June 30, 2025, the company operated 672 "Little Garden" stores, up from 617 stores a year earlier [1] - Takeaway revenue increased by 13.7% to RMB 1.057 billion, attributed to a rise in takeaway orders from 12.8 million to 16.8 million [1] Group 3: Operational Metrics - The overall table turnover rate for the first half of 2025 remained stable at 3.1 compared to the same period in 2024 [2] - There was a slight improvement in the turnover rate in second-tier cities, mainly due to optimized store types enhancing store efficiency [2]

XIAOCAIYUAN INTERNATIONAL HOLDING LTD. 小菜園國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：0999） 董事名單與其角色和職能 小菜園國際控股有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 汪書高先生 （董事長兼執行董事兼總經理） 李道慶先生 （執行董事兼副總經理） 田春永先生 （執行董事兼副總經理） 周斌先生 （執行董事兼區域總經理） 汪維芳女士 （執行董事兼區域總經理） 陶旭安先生 （執行董事兼區域總經理） 香港，2025年8月15日 非執行董事 朱雪菁女士 獨立非執行董事 錢明星先生 朱南軍先生 曾曉松先生 方璇女士 1 董事會設立三個委員會。下表提供各名董事在該等委員會中所擔任的職位。 | 董事 | 董事會委員會 | | | | --- | --- | --- | --- | | | 審核委員會 提名委員會 | | 薪酬委員會 | | 汪書高先生 | | C | M | | 李道慶先生 | | | | | 田春永先生 | | | | | 周斌先生 | | | | | 汪維芳女士 | | | | | 陶旭安先生 | | | | | ...

EF001 免責聲明 | 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。 | 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 | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 小菜園國際控股有限公司 | | 股份代號 | 00999 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年8月15日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.2119 RMB | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.2331 HKD | | 匯率 | 1 RMB : 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，概不會就因本公告全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 本公告乃由小菜園國際控股有限公司（「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)條以及香港 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」）欣然宣佈，已批准並採納經修訂的股息政策（「經修訂股 息政策」），將本公司擬向本公司股東（「股東」）派發的股息比例釐定為一個財政年 度本公司權益股東應佔溢利的50%至60%，惟受限於下文經修訂股息政策所載之 條件及因素。經修訂股息政策將自2025年8月15日起生效。 本公司是一家在開曼群島註冊成立的控股公司，透過本公司在中國的營運附屬公 司經營本公司的業務。因此，向股東支付股息的可用資金取決於從該等附屬公司 收到的股息。中國法律法規要求只能從按照中國會計原則計算的淨利潤中支付股 息，而中國會計原則與其他司法權區的公認會計原則（包括國 ...

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。 XIAOCAIYUAN INTERNATIONAL HOLDING LTD. 小菜園國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：0999） 截至2025年6月30日止六個月業績公告 及 委任提名委員會成員 財務摘要： | | | 截至6月30日止六個月 | | | --- | --- | --- | --- | | | 2025年 | 2024年 | 變動 | | | 人民幣千元 | 人民幣千元 | | | | （未經審核） | （未經審核） | | | 收入 | 2,713,666 | 2,547,463 | 6.5% | | 除稅前利潤 | 542,313 | 380,860 | 42.4% | | 所得稅 | (159,916) | (98,981) | 61.6% | | 期內利潤 | 382,397 | 281,879 | 35.7% | | 以下各方應佔： | | | | ...

Core Viewpoint - The company is positioned as a cost-effective leader in the mass-market Chinese dining sector, with plans to list on the Hong Kong Stock Exchange on December 20, 2024, raising HKD 790 million by issuing 101 million shares at an offer price of HKD 8.5. As of 2024, the company operates 667 stores, with revenue projected at CNY 5.21 billion, a year-on-year increase of 14.5%, and a net profit of CNY 580 million, up 9.1% year-on-year [1]. Industry Trends - The company aligns with two major trends in the Chinese dining industry: 1) the trend towards cost-effective consumption and 2) the standardization trend, positioning itself as a potential leader in standardized cost-effective Chinese cuisine. The mass-market Chinese dining industry is estimated to be around CNY 4 trillion, with a projected CAGR of 8.9% from 2023 to 2028. The chain restaurant penetration rate in China is expected to rise from 15% in 2020 to 23% in 2024, reflecting the industry's standardization [1]. Competitive Advantages - The company's core competitiveness stems from its positioning in the CNY 50-100 price range, appealing to mainstream tastes, and its high standardization in operations. The company has achieved a store-level operating profit margin of 19.7% in 2023. The average investment payback period from 2021 to August 2024 is 13.8 months, shorter than the industry average of 18 months [2]. - The company has established a large logistics supply chain system, including a central kitchen and 14 warehouses, integrating procurement, processing, storage, and distribution. This is supported by a self-owned transportation fleet [2]. - The company employs a robust team incentive mechanism, including equity incentives, salary incentives, and growth incentives, to motivate employees [2]. Growth Outlook - The company is expected to experience same-store sales recovery and is entering a rapid store expansion phase over the next three years. After facing pressure from previous price reductions, same-store growth has returned to positive territory as of May, with pricing base disturbances expected to diminish in the second half of the year. Projected new store openings for 2025, 2026, and 2027 are 130, 160, and 175, respectively, with a theoretical maximum of 1,810 stores under neutral assumptions and up to 4,308 stores under optimistic assumptions [2]. Financial Projections - Revenue forecasts for 2025, 2026, and 2027 are CNY 6.26 billion, CNY 7.68 billion, and CNY 9.29 billion, representing year-on-year growth of 20.14%, 22.66%, and 20.95%, respectively. Net profit forecasts for the same years are CNY 720 million, CNY 910 million, and CNY 1.1 billion, with year-on-year growth of 24.3%, 26.4%, and 21.1%. Corresponding EPS figures are projected at CNY 0.61, CNY 0.78, and CNY 0.94, with PE ratios of 16.29, 12.89, and 10.65, respectively. A target price of HKD 18.07 is set for 2026, based on a 20X PE, translating to a market value of CNY 183 billion and HKD 201 billion [3].