Core Viewpoint - 嘉利国际 reported a revenue increase of approximately 5% for the six months ending September 30, 2025, compared to the same period last year, driven by improved gross margins in the server chassis business, including general and artificial intelligence applications [1] Financial Performance - The group's revenue for the period was approximately HKD 1,608,745,000, up from HKD 1,526,653,000 for the same period last year, reflecting a growth of about 5% [1] - Operating profit for the group was HKD 170,817,000, an increase of approximately 26% from HKD 135,151,000 in the previous year [1] - Profit attributable to equity holders was HKD 101,726,000, nearly unchanged from HKD 101,779,000 in the same period last year, impacted by a net loss of approximately HKD 39,352,000 from non-operating items and property investment disposals [1] - Excluding the one-time items, profit attributable to equity holders would be approximately HKD 141,078,000, representing an increase of about 39% compared to the previous year [1]

Core Viewpoint - 嘉利国际 announced a mid-term dividend of HKD 0.015 per share to be distributed on December 31, 2025 [1] Company Summary - 嘉利国际 will distribute a mid-term dividend of HKD 0.015 per share [1]

免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 嘉利國際控股有限公司 | | 股份代號 | 01050 | | 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 | 截至二零二五年九月三十日止六個月中期股息 | | 公告日期 | 2025年11月26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 | 2026年3月31日 | | 宣派股息的報告期末 | 2025年9月30日 | | 宣派股息 | 每 股 0.015 HKD | | 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 0.015 HKD | | 匯率 | 1 HKD : 1 HKD ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 1,608,745,000, representing a 5% increase from HKD 1,526,653,000 in the same period of 2024[3]. - Profit attributable to equity holders for the same period was HKD 101,726,000, slightly down from HKD 101,779,000, with basic and diluted earnings per share remaining at HKD 5.0[3][7]. - The interim dividend per share was reduced by 40% to HKD 1.5 from HKD 2.5 in the previous year[3]. - Operating profit for the six months was HKD 170,817,000, up from HKD 135,151,000 in the previous year[7]. - The total comprehensive income for the period was HKD 100,346,000, compared to HKD 109,461,000 in the previous year, indicating a slight decline[9]. - The gross profit for the six months ending September 30, 2025, was HKD 233,311,000, compared to HKD 201,163,000 for the same period in 2024, indicating an increase of approximately 15.9%[15][16]. - Excluding one-time items, adjusted profit attributable to equity holders was approximately HKD 141,078,000, an increase of about 39% year-on-year[33]. - The basic earnings per share remained at HKD 5.0 for both periods, with diluted earnings per share also at HKD 5.0[29]. Assets and Liabilities - Total assets as of September 30, 2025, amounted to HKD 2,719,072,000, an increase from HKD 2,532,706,000 as of March 31, 2025[6]. - Current assets increased to HKD 1,597,647,000 from HKD 1,390,939,000, with inventory rising to HKD 534,944,000 from HKD 501,196,000[5]. - Total liabilities increased to HKD 1,597,113,000 from HKD 1,453,922,000, primarily due to higher bank borrowings[6]. - The company’s bank borrowings totaled HKD 606,360,000 as of September 30, 2025, up from HKD 536,159,000 on March 31, 2025, marking an increase of about 13.0%[20]. - As of September 30, 2025, the company's net interest-bearing borrowings amounted to approximately HKD 512.56 million, with a net interest-bearing borrowings ratio of 46%[49]. Revenue Breakdown - For the six months ending September 30, 2025, total external revenue reached HKD 1,608,745,000, with server chassis (general and AI) contributing HKD 863,876,000, EV charging pile chassis HKD 128,133,000, and storage products HKD 616,736,000[15]. - Revenue from the electric vehicle charging pile chassis and other products increased by approximately 51% to HKD 128,133,000, driven by stable demand amid the global push for new energy and electric vehicle infrastructure[35]. - The electronic manufacturing services for storage products recorded revenue of approximately HKD 616,736,000, representing a 7% increase compared to HKD 574,141,000 in the same period last year[36]. Operational Efficiency - Trade and bills receivables grew to HKD 739,998,000 from HKD 621,016,000, indicating improved collection efficiency[5]. - Trade and bills receivables increased to HKD 750,745,000 as of September 30, 2025, compared to HKD 641,070,000 on March 31, 2025, reflecting a rise of about 17.1%[17]. - The company’s trade payables amounted to HKD 476,194,000 as of September 30, 2025, compared to HKD 432,389,000 on March 31, 2025, reflecting an increase of approximately 10.1%[19]. Financial Management - The company reported a net finance cost of HKD 12,705,000, down from HKD 18,157,000, reflecting better financial management[7]. - The company’s financial costs decreased to HKD 12,705,000 for the six months ending September 30, 2025, compared to HKD 18,157,000 for the same period in 2024, representing a reduction of approximately 30.2%[16]. - The group reported a net financial cost of HKD (12,705,000) for the six months ended September 30, 2025, compared to HKD (18,157,000) in the previous year[25]. Corporate Governance - The company has adopted strict procedures regulating directors' securities trading to comply with the Standard Code of Conduct for Directors' Securities Transactions[60]. - The company believes it has taken sufficient measures to ensure good corporate governance, including the consideration of voluntary retirement of the chairman and CEO every three years[58]. - The roles of chairman and CEO are not separated, with Mr. He serving in both positions, which the board believes provides strong and consistent leadership[58]. - All directors confirmed compliance with the Standard Code during the relevant period[60]. - The company will continue to review its corporate governance practices to achieve high standards[59]. - The board consists of experienced and talented members, ensuring a balanced distribution of power and authority[58]. - The company has independent non-executive directors to ensure governance standards are met[58]. Strategic Initiatives - The company has restructured its operating segments from two to three, now including server chassis (general and AI), EV charging pile chassis, and other products and storage products[15]. - The company is shifting from single server shipments to rack-level supply models to enhance deployment efficiency and system consistency, anticipating significant growth in cabinet orders starting in 2026[45]. - The company has initiated an expansion plan at its Thailand facility, aiming to achieve production capacity comparable to its China base, which will enhance order-taking capabilities for AI server and cabinet-related demands[46]. - The company has established a close partnership with a leader in cooling solutions to provide mechanical design and manufacturing for cabinet-level cooling distribution units, tapping into the growing liquid cooling market driven by AI server power and heat dissipation needs[45]. - The company plans to issue convertible bonds worth HKD 150,000,000 to optimize capital structure and support future business development and global expansion[43]. - Management anticipates rapid growth in orders due to the increasing adoption of AI applications, which will enhance overall product pricing and gross margins[44]. - The group continues to deepen long-term collaborations with existing international brand clients, securing new orders for next-generation general-purpose server products[44]. Workforce and Talent Management - The workforce has increased from approximately 3,600 to about 4,000 employees, reflecting the company's strong local reputation and effective talent retention strategies[54]. - The company plans to continue strengthening its engineering and R&D talent pool, focusing on high-end technical talent to enhance cross-regional collaboration and responsiveness[46]. - A total of 73,380,000 stock options will be granted to employees under a stock option plan to encourage long-term development and performance improvement[42]. Sustainability and Innovation - The group aims for "net zero" operations as a long-term goal, implementing energy management and green manufacturing initiatives[41]. - The group has deployed over 1,000 robotic arms across various processes, enhancing flexibility and speed in capacity deployment[39]. - The R&D team is closely monitoring market trends in AI server architecture and cooling technology, providing proactive structural recommendations to clients[40].

Market Overview - The Hong Kong stock market opened high but experienced a decline, with the Hang Seng Index closing at 25,835.57 points, up 0.02% or 4.92 points, and a total turnover of HKD 245.136 billion [1] - The Hang Seng China Enterprises Index fell by 0.08% to 9,143.34 points, while the Hang Seng Tech Index decreased by 0.58% to 5,574.59 points [1] Sector Performance - Citic Securities predicts a rebound in the Hong Kong stock market by 2026, driven by a recovery in fundamentals and significant valuation discounts. They recommend focusing on five long-term sectors: technology, healthcare, resource products benefiting from inflation and de-dollarization, essential consumer goods, and sectors benefiting from RMB appreciation [1] - Blue-chip stocks showed mixed results, with Link REIT leading the decline, down 6.42% to HKD 38.8, while Techtronic Industries rose 5.36% to HKD 88.5 [2] Real Estate Sector - The real estate sector is highlighted as crucial for household asset allocation in China, with policies aimed at stabilizing housing prices to support economic circulation. High-quality residential properties are expected to see growth due to favorable policy changes [4] - Major real estate stocks like Sunac China and Vanke saw significant gains, with Sunac up 6.02% to HKD 1.41 [3] Technology Sector - Nvidia reported strong Q3 earnings, with revenue of USD 57 billion, a 62% year-on-year increase, and a net profit of USD 31.9 billion, up 65%. The data center business reached a record revenue of USD 51.2 billion, reflecting the ongoing AI trend [5] - Nvidia-related stocks were active, with companies like GigaDevice and Hongteng Precision seeing gains [4] Lithium Sector - Lithium stocks experienced volatility, with Tianqi Lithium and Ganfeng Lithium both closing down nearly 2%. Despite a strong demand outlook, market sentiment remains cautious due to high prices and supply concerns [6] Gold Sector - Gold stocks faced declines, with companies like Jinhai Resources and Lingbao Gold dropping over 2% [6] Notable Company Performances - Kingsoft saw a significant drop of 7.03% after reporting a 17% decline in revenue for Q3 [8] - CATL faced pressure, down 5.66%, as a large portion of its H-share IPO lock-up period ended [9] - WanGuo Data reported a 10.2% increase in net revenue for Q3, leading to a rise of 6.21% in its stock price [10] - Kingsoft Cloud's stock rose by 4.87% after reporting a 31.4% increase in total revenue for Q3 [11]

Karrie International Holdings Limited 嘉利國際控股有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） (Stock Code 股份代號: 1050) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear non-registered shareholder(s), Karrie International Holdings Limited (the "Company") - Notice of Publication of Circular and Notice of Special General Meeting (the "Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on t ...

Karrie International Holdings Limited 嘉利國際控股有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） (Stock Code 股份代號: 1050) Please note that both the English and Chinese versions of all future Corporate Communications will be available electronically on the website of the Company at http://www.karrie.com and the HKEXnews website at www.hkexnews.hk in place of printed copies. To ensure timely receipt of the latest Corporate Communications, the Company recommends you provide your email address b ...

Karrie International Holdings Limited 嘉利國際控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：1050） 二零二五年十二月二日（星期二）下午三時正召開之股東特別大會 （或其任何續會）適用之代表委任表格 本人╱吾等 （註1） 如其未克出席，則委任 （註3及4） 地址為 或如其未克出席，則委任本公司股東特別大會（「大會」）主席為本人╱吾等之代表，代表本人╱吾等出席於二零二五年十二月 二日（星期二）下午三時正假座中國廣東省東莞市鳳崗鎮官井頭嘉輝路12號嘉輝會酒店嘉宴廳一樓舉行之大會（或其任何續會）， 並代表本人╱吾等依照以下指示投票，如無該等指示，則由本人╱吾等之代表自行酌情投票。除另有指明外，本表格所用詞彙 應與本公司日期為二零二五年十一月十四日之通函所界定者具有相同涵義。 地址為 為Karrie International Holdings Limited（「本公司」） （註2） 股股份之登記持有人， 茲委任 地址為 2. 請填上以 閣下名義登記之本公司股份數目。如未有填上股數，則本表格得被視為與全部以 閣下名義登記之本公司股份有關。 3. 凡有權出席大會並投 ...

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通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。 Karrie International Holdings Limited 嘉利國際控股有限公司 * （於百慕達註冊成立之有限公司） (e) 授權任何一名或多名董事進行其酌情認為必要、合宜或適宜的一切事宜 及行動，簽署一切相關文件（適用時包括加蓋本公司印章），以落實認購 協議及其項下擬進行的交易，包括但不限於彼等認為必要或適宜以落實 及╱或履行可換股債券發行及配發及發行因行使可換股債券所附換股權 而可能配發及發行的轉換股份的事宜。」 代表董事會 股東特別大會通告 茲通告嘉利國際控股有限公司（「本公司」）謹訂於二零二五年十二月二日（星期 二）下午三時正假座中國廣東省東莞市鳳崗鎮官井頭嘉輝路12號嘉輝會酒店嘉宴廳 一樓舉行股東特別大會（「大會」），藉以考慮及酌情通過下列決議案（不論有否修訂） 為普通決議案： 普通決議案 「動議： – 1 – (a) 批准、確認及追認本公司與何焯輝先生於二零二五年十月十三日訂 ...

此乃要件 請即處理 （於百慕達註冊成立之有限公司） （股份代號：1050） 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 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所有嘉利國際控股有限公司之股份，應立即將本通函及隨附之代表委任表 格送交買主或承讓人，或送交經手買賣或轉讓之銀行、股票經紀或其他代理商，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，並明確表示概不就因本通函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。 Karrie International Holdings Limited 嘉利國際控股有限公司 * (I)關連交易： 建議根據特別授權發行可換股債券； 及 (II)股東特別大會通告 獨立董事委員會及獨立股東之獨立財務顧問 嘉利國際控股有限公司（「本公司」）謹訂於二零二五年十二月二日（星期二）下午三時正假座中國廣東 省東莞市鳳崗鎮官井頭嘉輝路12號嘉輝會酒店嘉宴廳一樓舉行股東特別大會（「股東特別大會」），召 開大會 ...