[Company Announcement and Disclaimer](index=1&type=section&id=Company%20Announcement%20and%20Disclaimer) This section presents the company's unaudited financial data announcement and associated disclaimers [Announcement Statement](index=1&type=section&id=Announcement%20Statement) Namyue Holdings Limited announces unaudited financial data for the nine months ended September 30, 2025 - Company name: **Namyue Holdings Limited** (Stock Code: **01058**)[2](index=2&type=chunk) - Announcement content: Disclosure of unaudited financial information for the nine months ended September 30, 2025[2](index=2&type=chunk)[3](index=3&type=chunk) [Disclaimer](index=1&type=section&id=Disclaimer) HKEX and SEHK disclaim responsibility for this announcement's content and any losses from reliance - HKEX and SEHK are not responsible for, make no statement on, and accept no liability for this announcement's content[1](index=1&type=chunk) [Financial Summary and Notes](index=1&type=section&id=Financial%20Summary%20and%20Notes) This section provides key financial data for the nine months ended September 30, 2025, and related disclosure notes [Key Financial Data](index=1&type=section&id=Key%20Financial%20Data) Revenue decreased by 15.1% for the nine months ended September 30, 2025, while consolidated loss significantly narrowed Key Financial Metrics | Metric | Nine Months Ended Sep 30, 2025 (HKD '000) | Nine Months Ended Sep 30, 2024 (HKD '000) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 54,521 | 64,193 | -15.1 | | Consolidated Loss Attributable to Company Shareholders | (6,916) | (11,349) | +39.1 | | Metric | As of Sep 30, 2025 (HKD '000) | As of Dec 31, 2024 (HKD '000) | | :--- | :--- | :--- | | Total Assets | 92,810 | 97,154 | | Shareholders' Equity | 13,202 | 19,061 | [Notes to Financial Information](index=2&type=section&id=Notes%20to%20Financial%20Information) This announcement's unaudited financial data is voluntarily disclosed to enhance corporate governance and transparency - The financial information in this announcement has not been audited or reviewed by the company's auditor[8](index=8&type=chunk) - The consolidated financial statements for the year ended December 31, 2024, were filed with the Registrar of Companies, with an unqualified auditor's report[5](index=5&type=chunk) - This announcement is a voluntary disclosure by the company to enhance corporate governance and transparency[5](index=5&type=chunk) [Operating Performance Summary](index=2&type=section&id=Operating%20Performance%20Summary) This section summarizes the group's operating strategies, production and sales volumes, and revenue and loss analysis [Operating Strategies and Achievements](index=2&type=section&id=Operating%20Strategies%20and%20Achievements) The Group improved operating performance by strengthening client cooperation, increasing output, and enhancing cost control - Actively responded to a complex macro environment, solidified and deepened client cooperation, and increased processing output[6](index=6&type=chunk) - Promoted equipment upgrades to optimize production conditions and product quality, continuously deepening internal reforms[6](index=6&type=chunk) - Strengthened cost control, implemented energy-saving and consumption-reducing measures, improved accounts receivable management, and cleared long-standing accounts to reduce operating costs[6](index=6&type=chunk) [Product Production and Sales Volume Analysis](index=2&type=section&id=Product%20Production%20and%20Sales%20Volume%20Analysis) Outsourced processing volume grew significantly, while cowhide production and sales declined for the nine months ended September 30, 2025 Product Production and Sales Volumes | Product Category | Nine Months Ended Sep 30, 2025 (sq ft/tons) | Nine Months Ended Sep 30, 2024 (sq ft/tons) | Change (%) | | :--- | :--- | :--- | :--- | | **Production Volume** | | | | | Outsourced Processing Business | 23,399,000 sq ft | 12,116,000 sq ft | +93.1 | | Cowhide | 1,199,000 sq ft | 2,472,000 sq ft | -51.5 | | Wet Blue | No production | 497 tons | -100.0 | | **Sales Volume** | | | | | Outsourced Processing Business | 23,399,000 sq ft | 12,116,000 sq ft | +93.1 | | Cowhide | 2,967,000 sq ft | 3,789,000 sq ft | -21.7 | | Wet Blue | No sales | 497 tons | -100.0 | [Revenue and Loss Analysis](index=3&type=section&id=Revenue%20and%20Loss%20Analysis) Total revenue decreased by 15.1% for the nine months ended September 30, 2025, with outsourced processing up and cowhide sales down Revenue and Loss by Source | Revenue Source | Nine Months Ended Sep 30, 2025 (HKD '000) | Nine Months Ended Sep 30, 2024 (HKD '000) | Change (%) | | :--- | :--- | :--- | :--- | | Total Revenue | 54,521 | 64,193 | -15.1 | | Outsourced Processing Business | 32,521 | 24,520 | +32.6 | | Cowhide Sales | 22,000 | 37,046 | -40.6 | | Wet Blue Sales | 0 | 2,627 | -100.0 | | Consolidated Loss Attributable to Company Shareholders | (6,916) | (11,349) | +39.1 | [Important Notice and Corporate Governance](index=3&type=section&id=Important%20Notice%20and%20Corporate%20Governance) This section provides a cautionary statement on unaudited financial data and details the Board of Directors' composition [Cautionary Statement](index=3&type=section&id=Cautionary%20Statement) Investors are advised to exercise caution when trading company securities, as financial data is unaudited - The financial information in this announcement has not been reviewed or audited by an independent auditor[10](index=10&type=chunk) - It should not be regarded as an indication or guarantee of the Group's financial performance[10](index=10&type=chunk) - Shareholders and potential investors are urged to exercise caution when dealing in the company's securities and to seek professional advice[10](index=10&type=chunk) [Board Composition](index=3&type=section&id=Board%20Composition) The Board comprises two executive, three non-executive, and three independent non-executive directors as of the announcement date - Executive Directors: Mr. Cai Binglong (Chairman and Managing Director) and Mr. Liao Siyang[10](index=10&type=chunk) - Non-executive Directors: Mr. Huang Junfeng, Mr. Kuang Hu, and Ms. Li Jieyu[10](index=10&type=chunk) - Independent Non-executive Directors: Mr. Yang Wanli, Mr. Liang Lianchang, and Mr. Yang Ge[10](index=10&type=chunk)

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9月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 南粵控股有限公司 | | | | 呈交日期: | 2025年10月2日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 01058 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 538,019,000 | | 0 | | 538,019,000 | | 增加 / 減少 (- ...

Core Viewpoint - Nanyue Holdings (01058.HK) will hold a board meeting on October 16, 2025, to consider and approve the unaudited financial information for the nine months ending September 30, 2025 [1] Group 1 - The board meeting is scheduled for a Thursday [1] - The financial information pertains to both the company and its subsidiaries [1] - The meeting aims to review financial results for the specified period [1]

NAMYUE 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，並明確表示概不就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之任何損失承擔任何責任。 南粵控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司 將於 2025 年 10 月 16 日（星期四）舉行董事會會議，藉以考慮及批准（其 中包括）本公司及其附屬公司截至 2025 年 9 月 30 日止九個月之未經審核 財務資料的公告。 承董事會命 公司秘書 陳妙婷 香港，2025 年 10 月 2 日 於本公告日期，董事會由兩名執行董事蔡炳龍先生及廖思揚先生；三名非執行董事 黃俊峰先生、曠虎先生及李潔玉女士；以及三名獨立非執行董事楊萬里先生、 梁聯昌先生及楊格先生組成。 南粵控股有限公司 （於香港註冊成立之有限公司） （股份代號：01058） 董事會會議日期 ...

Group 1 - The company announced a change in its board of directors effective from October 1, 2025 [1] - Cai Binglong has been appointed as the executive director and will also serve as the chairman and managing director of the company, as well as the chairman and member of the nomination committee [1] - Zhou Hao will no longer serve as the executive director, chairman, managing director, and chairman and member of the nomination committee [1] - Cai Binglong will replace Zhou Hao as the authorized representative of the company as stipulated in Listing Rule 3.05 [1]

Core Viewpoint - Nanyue Holdings (01058) announced significant management changes effective from October 1, 2025, including the appointment of Cai Binglong as the new executive director and chairman, while Zhou Hao will step down from his roles [1] Group 1 - Cai Binglong has been appointed as the executive director, chairman, and managing director of the company, as well as the chairman and member of the nomination committee [1] - Zhou Hao will no longer serve as the executive director, chairman, managing director, and chairman and member of the nomination committee [1] - Cai Binglong will replace Zhou Hao as the authorized representative of the company as per the Listing Rules Section 3.05 [1]

Group 1 - The core point of the article is the announcement of management changes at Nanyue Holdings, effective from October 1, 2025 [1] Group 2 - Mr. Cai Binglong has been appointed as the executive director, chairman, and managing director of the company, as well as the chairman and member of the nomination committee [1] - Mr. Zhou Hao will no longer serve as the executive director, chairman, managing director, and chairman and member of the nomination committee [1] - Mr. Cai Binglong will replace Mr. Zhou Hao as the authorized representative of the company as stipulated in the Listing Rules [1]

NAMYUE HOLDINGS LIMITED 南粵控股有限公司 ( 於香港註冊成立之有限公司) (股份代號: 01058) (1) 董事會 執行董事 蔡炳龍先生 (董事長兼董事總經理) 廖思揚先生 (副總經理) 非執行董事 黃俊峰先生 曠虎先生 李潔玉女士 獨立非執行董事 楊萬里先生，銅紫荊星章，太平紳士 梁聯昌先生 楊格先生 (2) 董事委員會 董事名單與其角色和職能 自 2025 年 10 月 1 日起，南粵控股有限公司董事會及董事委員會的 組成如下： 提名委員會 蔡炳龍先生 (主席) 楊萬里先生 梁聯昌先生 楊格先生 李潔玉女士 審核委員會 楊格先生 (主席) 楊萬里先生 梁聯昌先生 薪酬委員會 梁聯昌先生 (主席) 楊萬里先生 楊格先生 香港，2025 年 9 月 30 日 ...

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，並明確表示概不就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之任何損失承擔任何責任。 董事長兼董事總經理、執行董事、 提名委員會主席和成員的變更 及 授權代表的變更 董事會謹宣佈，以下的董事變更由 2025 年 10 月 1 日起生效： 南粵控股有限公司（「本公司」）董事會宣佈，由 2025 年 10 月 1 日起， 蔡炳龍先生獲委任為本公司執行董事，並將出任本公司董事長兼董事總經理， 以及提名委員會主席和成員等職務；及周昊先生將不再出任本公司執行董事、 董事長兼董事總經理，以及提名委員會主席和成員。蔡炳龍先生將代替周昊先 生出任本公司根據《香港聯合交易所有限公司證券上市規則》（「《上市規則》」） 第 3.05 條所規定本公司的授權代表。 NAMYUE HOLDINGS LIMITED 南粵控股有限公司 ( 於香港註冊成立之有限公司) (股份代號: 01058) 周昊先生已確認並沒有任何有關彼退任本公司執行董事、董事長兼董事總經 理，以及提名委員會主席和成員等職務而須讓本公司股東知悉的事宜 ...

Financial Performance - For the six months ended June 30, 2025, the company reported an unaudited consolidated loss attributable to shareholders of HKD 6,064,000, an increase of HKD 65,000 or 1.1% compared to the same period last year [5]. - The consolidated revenue for the period was HKD 34,606,000, a decrease of HKD 7,512,000 or 17.8% compared to the same period last year [9]. - Revenue for the six months ended June 30, 2025, was HKD 34,606,000, down 17.9% from HKD 42,118,000 in 2024 [27]. - Gross profit decreased significantly to HKD 469,000, a decline of 91.3% from HKD 5,362,000 in the previous year [27]. - The group reported a pre-tax loss of approximately HKD 6,064,000 for the six months ended June 30, 2025, compared to a loss of HKD 5,999,000 for the same period in 2024 [59]. Assets and Liabilities - The company's unaudited net asset value as of June 30, 2025, was HKD 14,064,000, a decrease of HKD 4,997,000 from December 31, 2024, and a decrease of HKD 33,232,000 from June 30, 2024 [5]. - The company's net current liabilities increased to HKD 28,727,000 as of June 30, 2025, compared to HKD 23,987,000 at the end of 2024 [29]. - Total assets less current liabilities decreased to HKD 18,577,000 from HKD 23,564,000 at the end of 2024 [29]. - As of June 30, 2025, the group's cash and cash equivalents were HKD 3,043,000, a decrease of HKD 376,000 or 11.0% from HKD 3,419,000 on December 31, 2024 [14]. - The group's interest-bearing loan liabilities to equity ratio was 38.4% as of June 30, 2025, compared to 31.2% on December 31, 2024 [15]. Inventory and Procurement - As of June 30, 2025, the group's consolidated inventory was HKD 18,686,000, a decrease of HKD 5,362,000 or 22.3% from HKD 24,048,000 on December 31, 2024 [12]. - The total procurement amount for auxiliary raw materials was HKD 12,382,000, a decrease of 2.7% compared to the same period last year, reflecting effective cost control measures [11]. - The company reported a significant inventory provision reversal of HKD 5,101,000 for the first half of 2025, compared to HKD 10,451,000 in 2024 [31]. Revenue Streams - The external processing business produced 14,325,000 square feet, an increase of 8,013,000 square feet or 127.0% compared to the same period last year [8]. - The total sales volume of cowhide leather was 1,537,000 square feet, a decrease of 1,261,000 square feet or 45.1% compared to the same period last year [9]. - Revenue from leather processing sales was HKD 13,435,000, down 53.0% from HKD 28,606,000 in 2024, while subcontracted leather processing revenue increased to HKD 21,171,000 from HKD 13,512,000 [52]. Cost Management and Efficiency - The company implemented energy-saving measures, including a photovoltaic project that reduced production costs and improved water efficiency, recognized as an advanced industrial enterprise in Jiangsu Province [8]. - The group aims to reduce costs through strict energy-saving measures and improved material management [20]. - The total remuneration paid to key management personnel for the six months ended June 30, 2025, was HKD 458,000, up from HKD 448,000 in the same period of 2024 [74]. Future Plans and Strategies - The group plans to expand its external processing business and optimize raw leather procurement to enhance production capacity utilization [20]. - The group will focus on developing high value-added products to meet market demand for quality leather, enhancing competitiveness [20]. - The company is actively seeking new business opportunities to achieve profitability and enhance operational cash flow [41]. Shareholder Information - Major shareholders include Guangdong Nanyue Group Limited, holding 52% of the shares, and Guangdong Yuehai Holdings Group Limited, holding 19.34% [78]. - The issued and fully paid share capital remained unchanged at HKD 75,032,000, with 538,019,000 ordinary shares as of both June 30, 2025, and December 31, 2024 [66].