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佈之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不會就因本公佈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。 董事會欣然宣佈股東週年大會已於二零二五年五月二十一日舉行，期間所有提呈之決 議案均獲親身或委派代表或正式授權代表出席股東週年大會的股東以投票方式正式通 過。 董事會亦宣佈以下自股東週年大會完結後起生效之變動： 股東週年大會（「股東週年大會」）之投票結果 Road King Infrastructure Limited（路勁基建有限公司*）（「本公司」）董事會（「董事 會」）欣然宣佈於二零二五年五月二十一日舉行之股東週年大會，載於日期為二零二 五年四月八日股東週年大會通告的所有提呈之決議案均獲親身或委派代表或正式授權 代表出席股東週年大會的本公司股東（「股東」）以投票方式正式通過。除徐恩利先 生及張漢傑先生外，其他本公司董事（「董事」）均親身出席股東週年大會。 1 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司* （於百慕達註冊成立之有限公司） （股份代號：1098 ...

截至二零二五年三月三十一日止三個月 未經審核營運數據 Road King Infrastructure Limited（路勁基建有限公司*）（「本公司」）董事會（「董事 會」）謹此宣佈，本集團（包括本公司、其附屬公司、合作／合資及聯營企業）的若干 未經審核營運數據如下： 截至二零二五年三月三十一日止三個月，本集團已簽訂合同額為人民幣 17.61 億元。連同 協議未轉合同額人民幣 5.34 億元，本集團三個月止的總物業銷售額為人民幣 22.95 億元。 截至二零二五年三月三十一日止三個月，高速公路項目的路費收入及日均混合車流量分 別為港幣 4.09 億元及 85,000 架次。 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 佈 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 佈 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。 ROAD KING INFRASTR ...

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。 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司 * （於百慕達註冊成立之有限公司 ） （股 份 代號：1098） 股東週年大會通告 茲通告Road King Infrastructure Limited（路勁基建有限公司* ）（「本公司」）謹訂 於二零二五年五月二十一日星期三上午十時正假座香港九龍尖沙咀廣東道3號海 港城馬哥孛羅香港酒店6樓翡翠廳及蓮花廳舉行股東週年大會（「本大會」），商議 下列事項： 作為普通事項 及授權董事會釐定其酬金。 3. 續聘核數師及授權董事會釐定其酬金。 * 僅供識別 1 1. 省覽截至二零二四年十二月三十一日止年度之經審核財務報表及董事 會與獨立核數師報告。 2. 就重選下列人士為本公司董事（「董事」）提呈獨立決議案： (a) 方兆良先生； (b) 伍寬雄先生；及 (c) 何大衞先生， 作為特別事項 2 4. 考慮及酌情通過（不論有否 ...

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 閣下之持牌證券交 易商或證券註冊機構、銀行經理、律師、專業會計師或其他專業顧問。 Road King Infrastructure Limited（路勁基建有限公司* ）謹訂於二零二五年五月二十一日 星期三上午十時正假座香港九龍尖沙咀廣東道3號海港城馬哥孛羅香港酒店6樓翡翠 廳及蓮花廳舉行股東週年大會（「股東週年大會」），有關通告載於本通函附錄三。無 論 閣下能否出席大會，務請按隨附之代表委任表格印列之指示填妥該表格並盡快 交回本公司於香港之股份過戶登記分處，卓佳證券登記有限公司，地址為香港夏愨 道16號遠東金融中心17樓，惟無論如何須於大會或其續會指定舉行時間48小時前交回。 填妥及交回代表委任表格後， 閣下仍可親身出席大會或其任何續會並於會上投票。 股東週年大會上將不會派發紀念品且不會提供茶點。 * 僅供識別 閣下如已售出或轉讓名下所有Road King Infrastructure Limited（路勁基建有限公司* ）之 股份，應立即將本通函連同隨附之代表委任表格交予買方或承讓人或經手買賣或轉 讓之銀行、持牌證券交易商或證券註 ...

Financial Performance - For the year ended December 31, 2024, the total property sales (including joint ventures) decreased to RMB 12.462 billion, down from RMB 27.650 billion in 2023, representing a decline of approximately 55.1%[10]. - The group reported a total revenue of HKD 5.537 billion for 2024, a significant drop from HKD 13.075 billion in 2023, reflecting a decrease of about 57.6%[10]. - The net loss attributable to shareholders for 2024 was HKD 4.122 billion, compared to a loss of HKD 3.962 billion in 2023, indicating a worsening financial position[10]. - The total assets of the group decreased to HKD 57.513 billion in 2024 from HKD 73.146 billion in 2023, a reduction of approximately 21.3%[10]. - The group’s equity attributable to shareholders decreased significantly by HKD 4.881 billion to HKD 10.815 billion in 2024, a decline of about 31%[30]. - The group’s annual post-tax loss for 2024 was HKD 3.308 billion, with a loss attributable to shareholders of HKD 4.122 billion[51]. - The group confirmed a loss of HKD 2.050 billion in its investment and asset management business, including significant impairment provisions of approximately HKD 1.471 billion[33]. - The group’s property division reported a loss of HKD 2.985 billion due to declining sales volume and prices in the real estate market[56]. - The group reported a net loss of HKD 3.308 billion for the year, with a loss attributable to shareholders of HKD 4.122 billion[96]. Debt and Liquidity Management - The net debt-to-equity ratio improved to 55% in 2024 from 63% in 2023, indicating a reduction in leverage[10]. - The company successfully reduced its loans from HKD 22.618 billion at the end of 2023 to HKD 16.227 billion by the end of 2024, yet still faces significant debt burdens[37]. - The total bank and other loans of the group is HKD 16.227 billion, with debt reduction being a top priority for the company[46]. - The group anticipates ongoing debt and liquidity pressures due to a slower-than-expected market recovery[59]. - The group plans to stop distributing payments on perpetual securities starting November 2024 to conserve cash for operational expenses and debt servicing[34]. - The total amount of bank and other loans decreased due to early repayment of offshore loans and a continued downturn in the real estate financing market[163]. - Total borrowings decreased from HKD 22,618 million in 2023 to HKD 16,227 million in 2024, a reduction of approximately 28.5%[164]. - Cash flow from operating activities, excluding land lease payments, decreased to HKD 2,048 million in 2024 from HKD 5,521 million in 2023, a decline of 62.9%[169]. Real Estate Market Outlook - In 2024, the total sales volume of the real estate market in mainland China is expected to decline to approximately RMB 9.7 trillion, down from RMB 11.3 trillion in 2023, marking a 50% drop over the past four years[36]. - The company remains cautious about the short-term outlook for the Hong Kong real estate market, awaiting economic recovery before considering new land auctions[42]. - The company anticipates that the real estate industry will continue to face significant challenges over the next two years, with many developers struggling under heavy debt burdens[39]. - The group expects the real estate market to continue bottoming out in 2025, with a cautious investment approach due to macroeconomic uncertainties[61]. - The group anticipates that the real estate market in mainland China will continue to face challenges in 2025, with a cautious investment strategy moving forward[103]. Project Development and Sales - In Hong Kong, the company sold 752 out of 800 units by the end of 2024, with total sales value of HKD 22.87 billion[42]. - The company has several ongoing projects in the Yangtze River Delta region, with a total development area of 30,000 to 120,000 square meters for residential properties, and completion dates ranging from 2025 to 2029[77][78][80]. - The company is focusing on expanding its residential and commercial property portfolio in key regions, including the Bohai Bay and Greater Bay Area, with significant land areas allocated for future developments[80][82]. - The company aims to complete multiple projects by 2026, indicating a strategic push towards enhancing its market presence in the residential sector[80][82]. - The company has completed several projects in the Greater Bay Area, including "路勁‧星棠" with a development area of 32,000 square meters and a 70% ownership stake[82]. - The company has a diverse portfolio with projects located in Jiangsu, Zhejiang, Beijing, Tianjin, Hebei, and Guangdong, showcasing its extensive market reach[77][80]. Toll Revenue and Infrastructure - Toll revenue from Indonesian highway projects increased by 6% to HKD 1.765 billion in 2024, contributing positively to the group's income[35]. - The group anticipates an increase in toll revenue and dividends from Indonesian highway projects due to upcoming toll rate adjustments in the second half of 2025[35]. - The group confirmed a post-tax net gain of HKD 1.49 billion from the sale of its entire interest in mainland highway operations[57]. - The Indonesian highway project achieved a total traffic volume of 31.77 million vehicles in 2024, with an average daily mixed traffic of approximately 86,800 vehicles, down 3% from the previous year[134]. - The group distributed dividends totaling approximately HKD 97.6 million from the Indonesian highway project in 2024[131]. Management and Governance - The company has a diverse board with members having extensive experience in various sectors, including real estate, finance, and engineering[184]. - The company is committed to maintaining high standards of corporate governance, as evidenced by the appointment of independent non-executive directors[187]. - The group has over 50 years of experience in finance and accounting, with key management personnel holding advanced degrees in business and engineering[190][192]. - The company is focused on sustainable development and has established a green finance department at the Hong Kong Stock Exchange[185]. - The company aims to leverage its extensive experience in the real estate sector to drive future growth and market expansion[200].

Financial Performance - Property sales amounted to RMB 12.462 billion, a decrease of 55% from RMB 27.650 billion in the previous year[2]. - Total property deliveries were RMB 31.592 billion, slightly down from RMB 31.651 billion year-on-year[2]. - The company reported a loss attributable to owners of HKD 4.122 billion, compared to a loss of HKD 3.962 billion in the previous year[4]. - Revenue for the year was HKD 5.537 billion, down 58% from HKD 13.075 billion in the previous year[4]. - The company recorded a gross loss of HKD 1.390 billion, compared to a gross loss of HKD 648 million in the previous year[4]. - The company’s equity attributable to owners decreased to HKD 10.815 billion from HKD 15.696 billion, a decline of 31%[8]. - The group reported total revenue of HKD 5,536,911 thousand for the year 2024, a decrease from HKD 13,075,348 thousand in 2023, reflecting a significant decline in performance[19]. - Revenue from property sales amounted to HKD 4,333,692 thousand in 2024, down from HKD 11,894,654 thousand in 2023, indicating a year-over-year decrease of approximately 63.6%[19]. - The group reported a total segment loss of HKD (3,223,924) in 2024, an improvement from a loss of HKD (3,648,564) in 2023[28]. - The group’s total comprehensive loss for the year was HKD (3,308,309), an improvement from HKD (3,760,547) in the previous year[28]. Assets and Liabilities - Total assets decreased to HKD 57.513 billion from HKD 73.146 billion, reflecting a decline of approximately 21%[7]. - Cash and bank balances fell to HKD 4.274 billion from HKD 5.480 billion, a decrease of 22%[7]. - Total assets less current liabilities amounted to HKD 35.251 billion as of December 31, 2024, down from HKD 41.744 billion in 2023[53]. - The company’s total current assets were HKD 12.314 billion, a decrease from HKD 14.166 billion in the previous year[53]. - Segment assets totaled HKD 57,148,438 in 2024, down 21.4% from HKD 72,668,595 in 2023[28]. - Segment liabilities decreased to HKD (35,997,376) in 2024, compared to HKD (45,112,052) in 2023, reflecting a reduction of 20.4%[28]. Revenue Sources - The group’s revenue primarily derived from the sale of completed residential properties and property management services[32]. - Revenue from mainland China accounted for HKD 5,022,138 thousand in 2024, while revenue from Hong Kong was only HKD 271,428 thousand, highlighting the dominance of the mainland market[19]. - The group’s share of revenue from real estate joint ventures and associates was HKD 10,812,854, a slight decrease of 2.4% from HKD 11,078,905 in 2023[21]. - The group’s revenue from commercial rental and other income increased to HKD 243,345 in 2024, up 11.5% from HKD 218,147 in 2023[21]. - The group’s share of toll revenue from infrastructure joint ventures was HKD 1,015,612, a decline of 45.1% from HKD 1,873,573 in 2023[21]. Market Outlook and Strategy - The company plans to focus on expanding its infrastructure projects and exploring new investment opportunities in the upcoming year[2]. - The outlook for 2025 anticipates continued challenges in the domestic real estate market, with a cautious investment approach due to economic uncertainties[82]. Accounting and Compliance - The group expects the implementation of new accounting standards to impact the presentation of the income statement and future disclosures, with full effects anticipated after January 1, 2027[16]. - The group has not applied any new accounting standards that have been issued but are not yet effective, indicating a cautious approach to upcoming regulatory changes[15]. - The revised HKFRS 18 will replace HKAS 1 and introduce new requirements for the presentation and disclosure of financial statements, which the group is currently evaluating[16]. - The application of revised HKFRS will not have a significant impact on the group's financial position or performance for the current and prior years[13]. - The company has complied with all applicable code provisions of the Corporate Governance Code during the year ended December 31, 2024[86]. - The consolidated financial statements for the year ended December 31, 2024, have been reviewed by the audit committee and external auditors[87]. Employee and Operational Metrics - The total number of employees as of December 31, 2024, was 3,551, with employee expenses amounting to HKD 844 million[80]. - The company did not declare any interim or final dividends for the years 2023 and 2024[45][56]. Foreign Exchange and Financial Management - The group recorded a foreign exchange loss of approximately HKD 608 million due to the continued depreciation of the RMB in 2024[78]. - The group repaid loans totaling HKD 6.803 billion in 2024, resulting in a decrease in the net equity debt ratio to 55%[75]. - The net debt-to-equity ratio improved to 55% from 63% year-on-year[2]. - The net equity debt ratio as of December 31, 2024, was 55%, and the net debt to total capital ratio was 36%[74]. Property Sales and Development - The company achieved property sales of RMB 12.462 billion for the year ending December 31, 2024, a decrease of approximately 55% compared to the previous year[56]. - The real estate division's sales revenue in 2024 was RMB 12.231 billion, a decrease of approximately 55% compared to 2023[64]. - The average selling price of properties in the real estate division was RMB 21,000 per square meter, with mainland properties averaging RMB 16,000 per square meter and Hong Kong properties at HKD 201,000 per square meter[66]. - The company delivered properties worth approximately RMB 31.592 billion in 2024, covering an area of about 1.21 million square meters and totaling around 15,000 units[60]. - The company’s land reserves as of December 31, 2024, were approximately 2.59 million square meters, with 430,000 square meters sold but not yet delivered[59]. - The company completed the sale of all its mainland highway business on April 22, 2024, resulting in a significant decrease in revenue contribution from this segment[61].

承董事會命 Road King Infrastructure Limited （路勁基建有限公司*） 公司秘書 李德輝 ( 於百慕達註冊成立之有限公司 ) (股份代號︰1098) 董事會召開日期 Road King Infrastructure Limited（路勁基建有限公司*）（「本公司」）董事會（「董事會」） 宣佈，將於二零二五年三月二十一日星期五舉行董事會會議，藉以（其中包括）批准本 公司及其附屬公司截至二零二四年十二月三十一日止年度之年度業績。 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佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不會就因本公佈之全部或任何部份 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。 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司* 香港，二零二五年三月七日 於本公佈刊發日期，董事會包括執行董事單偉彪先生、方兆良先生及伍寬雄先生， 非執行董事蔡潯女士及徐恩利先生，以及獨立非執行董事黃偉豪先生、許淑嫺女士、 張漢傑先生及何大衞先生。 * 僅供識別 ...

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 佈 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 佈 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。 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司* 本公司股東及有意投資者於買賣本公司證券時，務請審慎行事，概不可過度依賴上述資 訊。當有疑問時，投資者應尋求專業或財務顧問的專業意見。 ** 此數據乃根據截至二零二四年四月的資訊而編制（即本集團完成出售於路勁（中國）基建有限公司的 權益（包括於國內四條高速公路的投資）的時間）。 1 承董事會命 Road King Infrastructure Limited （ 路勁基建有限公司*） （於百慕達註冊成立之有限公司） （股份代號：1098） 截至二零二四年十二月三十一日止全年 未經審核營運數據 Road King Infrastru ...

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佈之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不會就因本公佈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。 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司* （於百慕達註冊成立之有限公司） （股份代號：1098） 啟智行使贖回權 Road King Infrastructure Limited（路勁基建有限公司*）（「本公司」）董事會（「董事 會」）茲提述本公司日期為二零二二年十月六日的公佈（「該公佈」）及日期為二零 二二年十二月二十二日的通函（「該通函」），內容有關本公司全資附屬公司耀貴與 利基全資附屬公司啟智根據投資協議就該項目成立合資企業。除另有指明外，該公佈 所界定的所有詞彙與本公佈所用者具有相同涵義。 根據投資協議的條款，耀貴已同意，啟智有權要求項目公司於二零二五年二月二十八 日按參考預先協定的公式計算的贖回價贖回應付其的全部或部分銷售貸款（「贖回 權」），此後將進行若干平衡交易，從而使各合資方於項目公司的股權與向項目公司 所提供的股東貸款（包括路勁承擔）的比 ...

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 佈 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 佈 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。 ROAD KING INFRASTRUCTURE LIMITED 路勁基建有限公司* （於百慕達註冊成立之有限公司） （股份代號：1098） 更改百慕達主要股份過戶登記處及轉讓登記處 及 香港股份過戶登記分處及轉讓登記處 Road King Infrastructure Limited（路勁基建有限公司*）（「本公司」）董事會（「董事 會」）宣佈，自二零二五年一月一日起，本公司於百慕達之主要股份過戶登記處及轉讓 登記處將更改為： Conyers Corporate Services (Bermuda) Limited Clarendon House, 2 Church Street Hamilton HM 11 ...