致：香港交易及結算所有限公司 FF301 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12月31日 狀態: 新提交 公司名稱: 中港照相器材集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 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) | 01123 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 | ...

Market Overview - The A-share market experienced slight fluctuations today, with the ChiNext Index surpassing 3200 points, while the Shanghai Composite Index and Shenzhen Component Index showed minor gains [1] - Over 3900 stocks declined, with trading volume increasing to 1.92 trillion yuan [1] Sector Performance - Sectors such as glass fiber, energy metals, photolithography machines, and precious metals saw significant gains, while aerospace equipment, sports, hotel and catering, and general retail sectors faced declines [1] - The power equipment industry attracted over 9.7 billion yuan in net inflows, while electronics, basic chemicals, and machinery also received substantial investments [1] Investment Insights - Guosheng Securities suggests that the 2026 year-end market has a solid foundation, with ample liquidity and high equity allocation likely from insurance funds [1] - The report indicates that four out of the last five year-end markets saw leading sectors continue to perform well, highlighting the importance of sectors like retail, light manufacturing, communication, non-ferrous metals, and oil and petrochemicals [1] Spring Rally Expectations - Huatai Securities anticipates a potential spring rally next year, despite current market uncertainties [2] - Key catalysts for market improvement include foreign capital position adjustments post-Christmas, the upcoming annual report disclosures, and possible reserve requirement ratio cuts in January [2] Stock Highlights - Newly listed stocks such as Nabichuan, Xihua Technology, and Tiansu Measurement saw significant price increases, with gains of 408.2%, 264.5%, and 174.5% respectively [2] - Nabichuan focuses on thermal management products for electric vehicle batteries and is a strategic supplier for major automotive brands [2] - Xihua Technology holds a 20% global market share in wind power gearbox components [2] Storage Industry Growth - The energy storage industry has seen explosive growth, with global battery shipments expected to exceed 650 GWh by 2025, marking an over 80% year-on-year increase [6] - China's energy storage system shipments are projected to surpass 320 GWh, with a growth rate exceeding 88% [6] - The data center storage market is also expected to grow rapidly, with lithium battery shipments projected to reach 15 GWh by 2025 and 69 GWh by 2027 [6] Company Performance - Tiansu Measurement has a strong presence in biomedicine, automotive, and new energy sectors, with a long-term gross profit margin above 50% [3] - The company has accumulated 133 patents, including 43 invention patents, showcasing its innovation capabilities [3] - The storage concept stocks, including Yidong Electronics and Baobian Electric, experienced significant price surges, indicating strong market interest [3]

Financial Performance - The Group recorded consolidated revenue of HK$506 million for the Period, a decrease of 5.6% from HK$536 million in the Previous Period[8]. - Net profit attributable to Shareholders increased to HK$8.7 million, up from HK$7.1 million in the Previous Period, despite revenue decline[10]. - Basic earnings per share for the Period were 0.73 HK cents, compared to 0.60 HK cents in the Previous Period[11]. - Profit for the period was HK$8,544,000, compared to HK$7,064,000 in the previous year, marking a year-on-year increase of 20.9%[99]. - The Company reported a profit of HK$8,692,000 for the six months ended September 30, 2025, compared to a profit of HK$7,135,000 for the same period in 2024, indicating an increase of 21.8%[105]. - The Group's profit before income tax for the period was HK$13,137,000, an increase of 23.3% from HK$10,653,000 in the prior year[143]. Segment Performance - The FUJIFILM Photographic Products segment saw overall sales surge by 27.7% year-on-year, driven by a 37.5% increase in digital camera sales[12]. - The Consumer Electronic Products and Household Appliances segment reported a sales decline of 25.9% year-on-year, attributed to post-pandemic demand saturation[18]. - The television category faced a decline of 34.8% due to price competition from Chinese-brand electronics[19]. - The B-to-B commercial and professional AV products segment experienced a 24.5% year-on-year sales decrease, with interactive digital boards plummeting by 68.3% due to competition[25][30]. - Skincare products reported a 5.2% sales decline, impacted by parallel imports and the depreciation of the Japanese Yen[27][31]. - The imaging services segment saw a 13.5% sales drop, driven by a 9.3% contraction in photo D&P services and a 16.2% decline in ID photo-taking services[33]. Strategic Initiatives - The Group pivoted its focus to the premium AV segment, achieving a 4.5% growth in AV sales[20]. - A milestone was achieved with the launch of the first authorized FUJIFILM HOP in the Greater Bay Area, enhancing community engagement and product trial opportunities[16]. - The Group organized targeted campaigns around the X-HF1 launch to reinforce its brand image and engage consumers[17]. - The introduction of new services like selfie booths and pet photo-taking is expected to drive future growth for the imaging services segment[34]. Financial Position - The Group's cash and bank balances, and time deposits stood at HK$230 million as of September 30, 2025, with no debt, ensuring adequate liquidity for current and future working capital requirements[50]. - Trade receivables were HK$51 million and inventories were valued at HK$185 million as of September 30, 2025, with ongoing efforts in credit control and prudent inventory management[51]. - The Group invested HK$10.8 million in capital expenditures during the period, financed from internal resources, including machinery and equipment[53]. - Total assets as of September 30, 2025, amounted to HK$924,102,000, an increase from HK$892,331,000 as of March 31, 2025[101]. - Total liabilities increased to HK$240,248,000 as of September 30, 2025, up from HK$217,615,000 as of March 31, 2025, representing an increase of 10.5%[103]. Shareholder Information - Directors' interests in shares included Dr. Sun Tai Lun Dennis holding 712,496,214 shares, representing 60.11% of the company's issued share capital[63]. - Mr. Sun Tao Hung Stanley and Mr. Sun Tao Hsi Ryan each held 711,276,214 shares, accounting for 60.01% of the issued share capital[63]. - Fine Products Limited holds 700,034,214 Shares, which is 59.06% of the Company's issued share capital[70]. - The interests of substantial shareholders are recorded in the register of interests as required by Section 336 of the SFO[68]. Governance and Compliance - The Audit Committee, comprising four Independent Non-executive Directors and one Non-executive Director, reviewed the Group's financial statements for the period[84]. - The Company has established written guidelines for securities transactions by employees likely to possess unpublished price-sensitive information[79]. - The Company has complied with the corporate governance code throughout the period[77]. - No incidents of non-compliance with the written guidelines by employees were noted[79]. Risk Management - The Group's activities expose it to various financial risks, including foreign exchange risk, interest rate risk, credit risk, and liquidity risk[127]. - There have been no changes in the risk management policies since the last year-end[128]. - The Group maintains a conservative approach to financial risk management and does not engage in high-leverage or speculative derivative products[59]. Employee Information - The Group's human resources increased to 592 employees as of September 30, 2025, reflecting a commitment to employee development and competitive remuneration packages[55]. - The total compensation paid to key management personnel for the six months ended September 30, 2025, was HK$3,552,000, a decrease from HK$3,800,000 for the same period in 2024[199]. - The total compensation for short-term employee benefits decreased to HK$3,525,000 in 2025 from HK$3,773,000 in 2024[199].

FF301 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11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: 中港照相器材集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年12月2日 I. 法定/註冊股本變動 | 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) | 01123 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 ...

Core Viewpoint - The company reported a decrease in revenue but an increase in net profit, indicating a stable financial and operational condition despite the revenue decline [1] Financial Performance - Revenue for the six months ending September 30, 2025, was HKD 506 million, a year-on-year decrease of 5.6% [1] - Net profit attributable to shareholders was HKD 8.7 million, reflecting a year-on-year increase of 21.8% [1] - Basic earnings per share were HKD 0.0073 [1] Cash Position - The company maintained a strong cash and bank balance along with fixed deposits amounting to HKD 230 million [1]

Financial Performance - Revenue decreased by 5.6% to HKD 505.65 million compared to HKD 535.53 million in the same period last year[3] - Net profit attributable to shareholders increased to HKD 8.70 million from HKD 7.10 million year-on-year[3] - Basic earnings per share rose to HKD 0.73 from HKD 0.60 in the previous year[3] - Operating profit increased to HKD 14.63 million from HKD 11.71 million year-on-year[4] - Total comprehensive income for the period was HKD 9.14 million, up from HKD 8.35 million in the previous year[5] - The adjusted profit before tax for the group was HKD 13,137,000, an increase of 23.3% compared to HKD 10,653,000 for the same period in 2024[14] - The net profit for the period was HKD 8,544,000, up from HKD 7,064,000, representing a growth of 20.9%[14] - Total other income and gains for the six months was HKD 9,166,000, down from HKD 10,816,000, a decrease of 15.3%[15] - The cost of sales for the period was HKD 320,035,000, a reduction from HKD 348,431,000, indicating a decrease of 8.2%[16] - The income tax expense for the period was HKD 4,593,000, compared to HKD 3,589,000 in the previous year, reflecting an increase of 28.0%[18] Financial Position - Total cash and bank balances reached HKD 230 million, indicating a stable financial position[3] - Non-current assets totaled HKD 384.81 million, slightly down from HKD 389.60 million as of March 31[6] - Current assets increased to HKD 539.29 million from HKD 502.73 million, driven by higher inventory levels[6] - Total liabilities rose to HKD 240.25 million from HKD 217.62 million, reflecting an increase in trade payables[7] - As of September 30, 2025, the group maintained a strong financial position with cash and bank balances of HKD 230 million and no debt, ensuring sufficient liquidity for current and future operational needs[49] - The group's trade receivables amounted to HKD 51 million, while inventory value stood at HKD 185 million, with a focus on credit control and prudent inventory management strategies[50] Dividend Policy - The company did not recommend any interim dividend for this period[3] - The board did not recommend any interim dividend for the period, consistent with the previous year[22] - The board does not recommend any interim dividend for the period[53] Business Segments Performance - The product sales segment generated revenue of HKD 451,588,000, down from HKD 476,199,000, reflecting a decline of 5.2%[14] - The service segment reported revenue of HKD 89,758,000, a decrease of 5.4% from HKD 94,900,000 in the previous year[14] - The FUJIFILM photography products segment saw a significant sales increase of 27.7%, driven by strong demand in the digital camera market, with unit sales rising by 37.5%[36] - Instax products contributed to a robust growth of 22.1%, fueled by strong demand from local photography enthusiasts and mainland tourists[36] - The consumer electronics and home appliances division saw a 25.9% year-on-year decline in sales, contrasting with slight growth in the overall Hong Kong electronics market[38] - Television sales dropped by 34.8%, impacted by aggressive pricing from Chinese brands and changing consumer travel patterns[39] - The audio-visual product sales increased by 4.5% due to a strategic shift towards high-end audio systems, despite overall sales declines in other categories[39] - The corporate and professional audio-visual products division experienced a 24.5% decline in sales, with interactive digital board sales plummeting by 68.3%[41] - The beauty and cosmetics division's sales fell by 5.2%, affected by parallel imports and currency depreciation, but heavier products like collagen drinks showed resilience[42] - The printing and imaging services division's sales dropped by 13.5%, with photo printing down 9.3% due to adverse weather conditions impacting outdoor activities[44] - The theme park imaging solutions sales decreased by 13.9%, influenced by extreme weather and budget-conscious tourists[45] - The professional audio-visual consulting and custom design and installation services segment recorded a significant growth of 30.8% year-on-year, primarily due to revenue recognition from large hospital projects undertaken in the previous year[46] Strategic Initiatives - The group is currently evaluating the impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements, particularly HKFRS 18, which will affect the presentation and disclosure in the income statement[11] - The company anticipates that the adoption of the new standards will not have a significant impact on its operational and financial position[11] - Marketing initiatives included the launch of the FOTOMAX PLUS membership program and various promotional activities to enhance customer engagement[45] - The group plans to launch new digital cameras and instax cameras in the second half of the year, expecting strong demand based on recent successful product launches[47] - The skincare product division will diversify into the health sector with the launch of the Metabarrier series in November 2025, aiming to capture the growing demand for health supplements[47] - Despite challenges, FUJIFILM HOP is expected to drive future growth by enhancing brand loyalty and offering attractive photography packages[44] Corporate Governance - The audit committee has reviewed the financial statements for the period, confirming compliance with applicable accounting standards and adequate disclosure[52] - The group is committed to high standards of corporate governance and has adhered to the principles outlined in the corporate governance code[54] Operational Efficiency - The group is implementing strict cost control measures to secure favorable leasing terms and streamline internal processes to improve operational efficiency[48] - The group will enhance customer relationship management by offering exclusive programs for high-end audio and camera customers, including priority access to new products and personalized services[48]

Group 1 - The company, Zhonggang Photography (01123.HK), has announced a board meeting scheduled for November 26, 2025, to consider and approve the interim results report for the six months ending September 30, 2025 [1] - The board will also discuss the distribution of an interim dividend, if any, along with other matters [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。 非執行董事： 孫大倫博士 （主席） 馮裕津先生 獨立非執行董事： 劉思湛先生 李家暉先生 劉健輝先生 黃子欣博士 中港照相器材集團有限公司(「本公司」及其附屬公司「本集團」) 董事會(「董事會」) 兹通告謹定於二零二五年十一月二十六日(星期三)舉行董事會會議，以考慮及通過本集 團截至二零二五年九月三十日止的六個月中期業績報告、派發中期股息(如有)以及處理 其他事項。 承董事會命 中港照相器材集團有限公司 孫大倫 主席 香港，二零二五年十一月十四日 於本公告日期，本公司董事為： 執行董事： 孫道弘先生 （副主席及行政總裁） 孫道熙先生 陳蕙君女士 董事會會議召開日期 ...

FF301 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10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中港照相器材集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 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) | 01123 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 2,000,000,000 | | HKD | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | 0.1 | HKD | | 200,000,000 ...

FF301 公司名稱: 中港照相器材集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年10月3日 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 I. 法定/註冊股本變動 | 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) | 01123 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | ...