Core Viewpoint - Nanyue Holdings (01058.HK) reported a decline in overall revenue for the nine months ending September 30, 2025, with a total of HKD 54.52 million, representing a year-on-year decrease of 15.1% [1] Revenue Breakdown - The external processing business generated HKD 32.52 million, showing a year-on-year increase of 32.6% [1] - Sales of cowhide leather amounted to HKD 22 million, reflecting a significant year-on-year decline of 40.6% [1] - The sales of grey leather were zero, compared to HKD 2.627 million in 2024 [1] Losses - The company's unaudited consolidated loss attributable to shareholders for the nine months was HKD 6.916 million, an improvement from a loss of HKD 11.349 million in 2024, marking a reduction in loss of HKD 4.433 million or 39.1% [1]

Core Viewpoint - The company reported a revenue of HKD 54.52 million for the nine months ending September 30, 2025, representing a year-on-year decrease of 15.1%, while the loss attributable to shareholders narrowed by 39.1% to HKD 6.916 million [1] Financial Performance - Revenue for the nine months ending September 30, 2025, was HKD 54.52 million, down 15.1% compared to the previous year [1] - The loss attributable to shareholders was HKD 6.916 million, which is a 39.1% improvement year-on-year [1] Operational Strategies - The company actively responded to a complex macro environment and multiple challenges by strengthening customer cooperation and increasing processing output [1] - Equipment upgrades were implemented to optimize production conditions and product quality [1] - Internal reforms were deepened, focusing on cost control and energy-saving measures, which significantly improved overall operational efficiency [1] Business Growth Factors - Despite the decline in revenue, the growth in external processing business and contributions from inventory sales helped improve operational performance [1] - The company enhanced administrative expense control and improved accounts receivable management, further reducing operating costs through the clearance of long-standing accounts [1] - Overall operational performance showed continuous improvement despite the revenue drop [1]

[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 ...