Group 1 - The company, Lion Rock Group (01127.HK), announced a board meeting scheduled for August 27, 2025, at 10:00 AM in Hong Kong [1] - The board will approve the interim results for the six months ending June 30, 2025, for the company and its subsidiaries [1] - The board will also consider the distribution of an interim dividend, if applicable [1]

承董事會命 獅子山集團有限公司 主席 劉竹堅 香港, 二零二五年八月十五日 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，概不對因本公佈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。 LION ROCK GROUP LIMITED 獅子山集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：1127） 董事會會議召開日期 獅子山集團有限公司(「本公司」)董事會(「董事會」)宣佈，本公司將於二零二五年八月 二十七日(星期三)上午十時正於香港九龍觀塘海濱道 123 號綠景大廈東翼 11 樓舉行董事 會會議，董事會將於會上通過議案，其中包括批准本公司及其附屬公司截至二零二五年 六月三十日止六個月期間的中期業績，以及考慮派發中期股息(如適用)。 * 僅供識別 於本公佈日期，董事會由執行董事劉竹堅先生、林美蘭女士及朱震環先生；非執行董事李海先 生、郭俊升先生;以及獨立非執行董事李效良教授、何大衞先生及伍兆安先生組成。 ...

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，概不對因本公佈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。 承董事會命 獅子山集團有限公司 主席 劉竹堅 香港，二零二五年八月十一日 於本公佈日期，本公司董事會由執行董事劉竹堅先生、林美蘭女士及朱震環先生；非執行董事李海先生及郭 俊升先生；以及獨立非執行董事李效良教授、何大衞先生及伍兆安先生組成。 * 僅供識別 LION ROCK GROUP LIMITED 獅子山集團有限公司* (於百慕達註冊成立之有限公司) (股份代號：1127) 更改公司網址 獅子山集團有限公司 (「本公司」)之董事會(「董事會」 )謹此宣佈，本公司網址將由 「www.lionrockgrouphk.com」更改為「www.lionrock.hk」，從二零二五年八月十二日起生效。本公 司提交以供於香港聯合交易所有限公司網站上刊發的所有公告、通告或其他文件亦將在本公司之新 網址上刊發。 ...

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7月31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) | 01127 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | 本月底法定/註冊股本總額： HKD 15,000,000 公司名稱: 獅子山集團有限公 ...

Core Viewpoint - Lion Rock Group (01127.HK) announced that its Executive Director and Chief Financial Officer, Ms. Lin Meilan, intends to retire at the end of the year [1] Group 1 - The board welcomes Mr. Wang Shiyang, a member of the Chartered Professional Accountants of Canada and former Financial Director of Citybus Limited, to take over as Chief Operating Officer and Chief Financial Officer effective August 1, 2025 [1] - Ms. Lin and Mr. Wang will work together to ensure a smooth transition [1]

智通财经APP讯，狮子山集团(01127)发布公告，狮子山集团有限公司执行董事兼首席财务官林美兰女士 已通知公司董事会，表示其有意于年末退任。 董事会欢迎加拿大特许会计师公会会员及城巴有限公司前任财务董事王世扬先生担任首席营运官及首席 财务官，自2025年8月1日起生效。 ...

狮子山集团(01127)发布公告，狮子山集团有限公司执行董事兼首席财务官林美兰女士已通知公司董事 会，表示其有意于年末退任。 董事会欢迎加拿大特许会计师公会会员及城巴有限公司前任财务董事王世扬先生担任首席营运官及首席 财务官，自2025年8月1日起生效。 ...

LION ROCK GROUP LIMITED 獅子山集團有限公司* 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，概不對因本公佈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。 獅子山集團有限公司（「本公司」）執行董事兼首席財務官林美蘭女士已通知本公司董事會 （「董事會」），表示其有意於年末退任。 自二零一五年加入本公司以來，林女士一直協助本公司連同其附屬公司（「本集團」）由一間 中國為基地的印刷企業轉型為一間銷售額27億港元並在全球擁有多項設施的印刷及出版公司。 董事會謹此感謝林女士對本集團的貢獻。 於本公佈日期，本公司董事會由執行董事劉竹堅先生、林美蘭女士及朱震環先生；非執行董事李海先生 及郭俊升先生；以及獨立非執行董事李效良教授、何大衞先生及伍兆安先生組成。 (於百慕達註冊成立之有限公司) (股份代號：1127) * 僅供識別 執行董事退任 董事會歡迎加拿大特許會計師公會會員及城巴有限公司前任財務董事王世揚先生擔任首席營運 官及首席財務官，自二零二五年八月一日起生效。王先生及林女士將攜手合作，以確保順利 ...

Financial Performance - In 2024, the company's revenue increased by 4% to HKD 2,668,600,000, a historical high compared to HKD 2,562,800,000 in 2023[3] - The profit attributable to owners rose by 16% to HKD 214,400,000, up from HKD 185,200,000 in 2023[3] - Quarto's revenue for the year ended December 31, 2024, was approximately HKD 2,668.6 million, an increase of 4.1% compared to HKD 2,562.8 million in 2023[25] - Revenue for the year ended December 31, 2024, was HKD 2,668,586,000, an increase of 4.1% from HKD 2,562,781,000 in 2023[173] - Gross profit for the same period was HKD 890,145,000, representing a gross margin of 33.4% compared to 32.8% in 2023[173] - Net profit for the year was HKD 253,592,000, up 5.4% from HKD 240,722,000 in the previous year[173] - Basic earnings per share increased to HKD 0.2858 from HKD 0.2497, reflecting a growth of 14.5%[173] - Total comprehensive income for the year was HKD 207,745,000, down from HKD 243,792,000 in 2023, a decline of 14.8%[173] Dividends - The company announced a second interim dividend of HKD 0.08 per share and a special dividend of HKD 0.02 per share, totaling HKD 0.145 per share for the year, reflecting confidence in long-term prospects[5] - The company declared an interim dividend of HKD 0.03 per share, totaling HKD 23,100,000, and a special dividend of HKD 0.015 per share, totaling HKD 11,550,000, distributed on September 24, 2024[86] - The company will not declare a final dividend for the year ending December 31, 2024, compared to HKD 0.08 per share in 2023[86] - The company declared a proposed dividend of HKD 61,600 thousand for the year, consistent with previous distributions[179] Operational Highlights - The printing manufacturing segment, including Huixing Printing and Papercraft, contributed to revenue growth despite challenges in the global illustrated book market[8] - Papercraft's revenue surged by 95% due to expanded printing capacity and increased service demand, although profitability did not meet expectations[14] - The printing division's revenue grew by 7.6% due to the normalization of inventory levels among publishers and advance orders to mitigate expected tariff increases in 2025[25] - The Australian manufacturing segment experienced a 6% decrease in revenue, but profits showed slight growth, focusing on leisure books and technical journals[12] - The company is expanding its capacity in Malaysia to meet the ongoing demand for book printing in Southeast Asia[23] Market Conditions - The global book market saw a 1% increase in printed book unit sales in the US, with adult fiction growing by 5%, while adult non-fiction and children's books declined by 0.4% and 0.7% respectively[8] - The Chinese book market contracted by 6%, leading to increased competition among local printers for overseas orders[9] - The company expects a slight improvement in the Chinese book market in 2025, despite ongoing local printing capacity shortages[22] - The anticipated implementation of the EU Deforestation Regulation by December 30, 2025, will limit paper choices for European publishers, potentially benefiting large printing companies compliant with the regulation[22] Cost and Expenses - Sales and distribution expenses increased from approximately HKD 350.1 million in 2023 to HKD 377.5 million in 2024, with the expense ratio rising from 13.7% to 14.1% due to higher freight costs in the printing division[26] - Administrative expenses rose from HKD 212 million in 2023 to approximately HKD 231.5 million in 2024, mainly due to increased costs associated with the publishing business[26] - The company's effective tax rate for the year was approximately 19.5%, slightly up from 19.4% in 2023[173] Financial Position - The group's current assets net value was approximately HKD 947.7 million as of December 31, 2024, down from HKD 991.5 million in 2023, with cash and cash equivalents decreasing from HKD 780.1 million to HKD 500.5 million[29] - The capital debt ratio improved to 17.2% in 2024 from 27.0% in 2023, indicating a stronger equity position relative to interest-bearing debt[29] - Total assets decreased from HKD 1,913,851 thousand in 2023 to HKD 1,651,462 thousand in 2024, a reduction of approximately 13.7%[174] - Cash and cash equivalents dropped significantly from HKD 780,094 thousand in 2023 to HKD 500,488 thousand in 2024, a decline of around 35.9%[174] Strategic Initiatives - The company is investing AUD 15,000,000 to replace aging machinery in Australia to improve production efficiency and meet customer expectations[13] - The company is upgrading its AI systems to automate more production workflows, aiming for further cost savings and competitive advantage[22] - The company is focusing on digital printing technology, which is expected to revolutionize the industry by reducing operational time and inventory costs[79] - The company is considering strategic acquisitions to bolster its portfolio, with potential targets identified in the H sector[7] Governance and Compliance - The board consists of eight members, including three executive directors, two non-executive directors, and three independent non-executive directors[122] - The company has adopted a diversity policy for its board members, currently including one female director[123] - The Audit Committee conducted three meetings in 2024 to review the group's annual report and financial statements, ensuring compliance with applicable accounting standards[142] - The independent non-executive directors confirmed that all related transactions were conducted in the ordinary course of business and on normal commercial terms[111] Risks and Challenges - The company faces risks from macroeconomic conditions, which may impact long-term profitability and business growth due to uncertainties in various global markets[77] - The increasing trend of digital media consumption is affecting the demand for printed materials, potentially impacting the company's financial performance[78] - The company continues to assess its internal controls related to credit monitoring and expected credit losses[167]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 2,668,586,000, representing an increase of 4.1% from HKD 2,562,781,000 in the previous year[4] - Gross profit for the year was HKD 890,145,000, up 6.1% from HKD 839,221,000 in 2023[4] - The net profit attributable to the company's owners increased to HKD 214,406,000, a rise of 15.7% compared to HKD 185,248,000 in the prior year[5] - Basic earnings per share rose to HKD 28.58, compared to HKD 24.97 in 2023, reflecting a growth of 14.4%[5] - Total comprehensive income for the year was HKD 207,745,000, down 14.8% from HKD 243,792,000 in the previous year[4] - Adjusted profit before tax for the group was HKD 315,182,000, compared to HKD 301,151,000 in the previous year, indicating a growth of 4.7%[26] - The company's net profit attributable to shareholders for the fiscal year was approximately HKD 214,400,000, representing a 15.8% increase from HKD 185,200,000 in 2023[69] Assets and Liabilities - The company's total assets decreased to HKD 1,651,462,000 from HKD 1,913,851,000, a decline of 13.7%[6] - Current liabilities were reduced to HKD 703,742,000 from HKD 922,397,000, a decrease of 23.7%[6] - The company's equity attributable to owners decreased to HKD 1,510,723,000 from HKD 1,452,407,000, reflecting a decline of 4.0%[6] - The company reported a decrease in cash and cash equivalents to HKD 500,488,000 from HKD 780,094,000, a drop of 35.9%[6] - As of December 31, 2023, the total equity attributable to owners of the company is HKD 1,129,838,000, with total equity amounting to HKD 1,800,517,000[8] - The company's current assets net value was approximately HKD 947,700,000, down from HKD 991,500,000 in 2023, with cash and cash equivalents at about HKD 500,500,000[70] Dividends - The proposed final dividend for the year 2023 is HKD 61,600,000, reflecting a commitment to return value to shareholders[8] - The total dividends declared for the fiscal year 2024 include a second interim dividend of HKD 0.08 per share, totaling HKD 61,600,000, and a special dividend of HKD 0.02 per share, totaling HKD 15,400,000[39] - The company declared a special dividend of HKD 0.015 per share for the first time in 2024, amounting to HKD 11,550,000[39] - The company announced an interim dividend of HKD 0.08 per share and a special dividend of HKD 0.02 per share, totaling HKD 0.145 per share for the year[51] Revenue Segmentation - Printing revenue amounted to HKD 1,738,350,000, up from HKD 1,614,872,000, reflecting a growth of 7.7%[26] - Publishing revenue was HKD 930,236,000, a decrease of 1.8% from HKD 947,909,000[26] - The printing segment's revenue grew by 7.6% due to the normalization of inventory levels among publishers and advance orders to mitigate expected tariff increases in 2025[67] - The company reported a total of HKD 1,889,551,000 in revenue from external customers in the Printing segment for the year[26] Expenses and Costs - The company incurred financial expenses of HKD 25,353,000, down from HKD 36,402,000 in the previous year[26] - The total financial expenses decreased to HKD 25,353,000 in 2024 from HKD 36,402,000 in 2023, representing a reduction of 30.4%[32] - The company recognized a direct operating cost of inventory at HKD 1,778,441,000 in 2024, compared to HKD 1,723,560,000 in 2023, an increase of 3.2%[33] - The company's total expenses related to employee benefits rose to HKD 519,480,000 in 2024 from HKD 507,344,000 in 2023, an increase of 2.2%[33] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new product development to drive future growth[4] - The company plans to expand its production capacity in Malaysia to meet the ongoing demand for book printing in Southeast Asia[65] - The company is exploring various AI platforms to develop proprietary forecasting tools to enhance its ability to identify market trends and content needs[65] - The company is strategically investing in Papercraft to mitigate trade war risks and capitalize on the "China plus one" trend, providing alternative solutions for publishing clients[63] Market Conditions - The printing manufacturing business, including Huixing Printing and Papercraft, contributed to revenue growth despite challenges in the global illustrated book market[53] - The U.S. book market saw a 1% year-over-year increase in printed book unit sales, with adult fiction growing by 5%[53] - The total sales value of books in mainland China contracted by 6% in 2024, excluding academic publishing[54] - Shipping costs have returned to levels seen 12 months ago, with expectations for lower prices in 2025 due to the impact of protectionist policies on global shipping demand[63] Compliance and Governance - The board confirmed compliance with the corporate governance code as per the Hong Kong Stock Exchange listing rules for the year[78] - The audit committee, consisting of three independent non-executive directors, reviewed the audited financial performance for the year ending December 31, 2024[79]