第 1 頁 共 2 頁 v 1.1.1 EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公佈刊發日期，本公司執行董事為張永力先生、孫如暐先生及黃曉雲女士；非執行董事為王瑋先生；及獨立非執行董事為鄺偉 信先生、楊志偉先生及何家宏先生。 第 2 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 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 | | | --- | --- | | 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。 | | | | 股票發行人現金股息公告 | | 發行人名稱 | 匯成國際控股有限公司 | | 股份代號 | 01146 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年12月31日止年度之特別末期股息 | | 公告日期 | 2026年3月24日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 ...

Financial Performance - The company's revenue for the year ended December 31, 2025, was RMB 139.4 million, a decrease of 10.7% compared to RMB 156.1 million in 2024[3] - Gross profit for the same period was RMB 68.2 million, down 15.9% from RMB 81.1 million in the previous year, resulting in a gross margin of 48.9%, a decline of 3.1 percentage points[3] - Operating loss narrowed to RMB 104.5 million, a 14.6% improvement from RMB 122.3 million in 2024, with an operating loss margin of 75.0%[3] - Loss attributable to equity holders of the parent was RMB 93.4 million, down 14.6% from RMB 109.4 million in the prior year[3] - Basic loss per share improved to RMB (2.71), compared to RMB (3.33) in 2024, reflecting an 18.6% reduction in loss per share[3] - Total comprehensive loss for the year was RMB 82.18 million, compared to RMB 106.70 million in 2024, indicating a decrease of 23.0%[5] - The group reported a loss before tax from continuing operations of RMB 95,738,000, with the apparel and accessories segment contributing a loss of RMB 158,004,000[18] - The company reported a loss before tax of RMB 95,738,000 for 2025, compared to a loss of RMB 111,816,000 for 2024, indicating a reduction in losses[32] - Loss before tax and net loss reduced from RMB 111.8 million in 2024 to RMB 95.7 million in 2025, a decrease of approximately 14.4%[61] - Loss attributable to equity holders of the parent decreased from RMB 109.4 million in 2024 to RMB 93.4 million in 2025, a decline of about 14.6%[62] Assets and Liabilities - Non-current assets totaled RMB 416.7 million, a slight decrease from RMB 433.6 million in 2024[7] - Current assets decreased to RMB 686.4 million from RMB 729.0 million in the previous year, primarily due to a reduction in inventory[7] - The net asset value decreased to RMB 890.4 million from RMB 972.6 million in 2024, reflecting a decline in equity[8] - Total assets for the group amounted to RMB 1,103,117,000, with segment assets of RMB 925,563,000 for apparel and accessories and RMB 275,207,000 for property development[18] - The group’s total liabilities were reported at RMB 212,727,000, with segment liabilities of RMB 143,257,000 for apparel and accessories and RMB 285,192,000 for property development[18] - Total liabilities decreased from RMB 190,017,000 in 2024 to RMB 305,065,000 in 2025, indicating a potential increase in financial leverage[20] Revenue Segmentation - For the fiscal year ending December 31, 2025, the apparel and accessories segment generated revenue of RMB 139,437,000, while the property development segment reported no revenue, totaling RMB 139,437,000 for the group[18] - Revenue from external customers for the year ended December 31, 2024, was RMB 156,082,000, while for 2025, it is projected to decrease to RMB 139,437,000, representing a decline of approximately 10.7%[20] - Revenue from self-operated retail points decreased by RMB 14.8 million to RMB 109.1 million in 2025, representing a decline of about 11.9% and accounting for approximately 78.3% of total revenue[47] - Revenue from third-party retail points increased by RMB 4.3 million to RMB 13.4 million in 2025, an increase of approximately 47.3%, contributing about 9.6% to total revenue[48] - Online channel sales revenue decreased by RMB 6.2 million to RMB 16.9 million in 2025, a decline of approximately 26.8%, representing about 12.1% of total revenue[48] - Revenue from proprietary brands increased by RMB 1.8 million to RMB 108.9 million in 2025, an increase of approximately 1.7%[51] Expenses and Cash Flow - Selling and distribution expenses decreased by RMB 5.8 million to RMB 133.3 million in 2025, a decline of approximately 4.2%[56] - Administrative expenses decreased by RMB 3.2 million to RMB 52.7 million in 2025, a decline of approximately 5.7%[57] - Net cash flow used in operating activities increased from RMB 24.3 million in 2024 to RMB 27.2 million in 2025[66] - Net cash flow from investing activities was RMB 11.5 million, primarily from cash proceeds of RMB 45.0 million from the sale of equity investments, offset by RMB 35.0 million invested in associates[67] - Net cash flow from financing activities was RMB 2.7 million, mainly from bank loans of RMB 10.0 million, partially offset by lease principal payments of RMB 7.3 million[68] Dividends and Shareholder Returns - The company proposed a special final dividend of HKD 1.0 per share, marking a new initiative in shareholder returns[3] - The board proposed a special final dividend of HKD 0.01 per share for the year ending December 31, 2025, pending shareholder approval[96] Inventory and Trade Receivables - Trade receivables decreased to RMB 24,694,000 in 2025 from RMB 28,182,000 in 2024, with a provision for impairment of RMB 9,250,000[38] - The total inventory decreased to RMB 72,589,000 in 2025 from RMB 96,707,000 in 2024, reflecting a reduction in raw materials and finished goods[36] - Inventory turnover days decreased from 548 days in 2024 to 434 days in 2025, a reduction of 114 days due to decreased inventory procurement and clearance of aged inventory[63] - The company recorded a net decrease in the impairment provision for trade receivables, reducing from RMB 11,150,000 at the beginning of the year to RMB 9,250,000 at year-end[40] Operational Developments - The company continues to participate in the just-in-time (JIT) delivery program with Vipshop, allowing direct product delivery from warehouses to customers after order placement[77] - The digital marketing department was established, launching an AI-generated content initiative that produced over 180,000 short videos and posts for social media platforms[78] - The self-developed O2O system contributed sales of RMB 13.7 million in 2024, projected to increase to RMB 15.5 million in 2025, representing a growth of approximately 13.1%[79] - The company is focusing on cleaning up old inventory and optimizing cash flow as a primary task, while also expanding online sales channels through various e-commerce platforms[98] Investments and Partnerships - The company established two partnerships in January 2024 to invest in sectors such as new information technology, renewable energy, and biomedicine, aiming to diversify its business and revenue sources[88] - A total investment of RMB 5 million was completed on December 23, 2025, in a Chinese tech company focused on structural and functional materials, enhancing the company's capabilities in developing functional fabrics[89] - An investment of RMB 10 million was made in a Chinese tech company specializing in chemical materials, with a focus on antibacterial properties for functional clothing applications[90] - The company sold a total of 6,142,839 shares of Guangdong Shaoneng Group Co., Ltd. for approximately RMB 43.88 million in cash in April 2025[92] Employee and Management Information - As of December 31, 2025, the company had approximately 194 full-time employees, with total employee costs amounting to RMB 25.5 million for the year[94] - The company outsourced the majority of its retail sales personnel and production workers, reducing the number of outsourced employees from 599 to 554 by December 31, 2025[93] - The executive directors include Mr. Zhang Yongli, Mr. Sun Ruwei, and Ms. Huang Xiaoyun[107] - The non-executive director is Mr. Wang Wei[107] - The independent non-executive directors are Mr. Kuang Weixin, Mr. Yang Zhiwei, and Mr. He Jiahong[107]

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，概不對因本公佈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。 主席 張永力 上海，二零二六年三月十二日 於本公佈刊發日期，本公司執行董事為張永力先生、孫如暐先生及黃曉雲女士；非執行 董事為王瑋先生；及獨立非執行董事為鄺偉信先生、楊志偉先生及何家宏先生。 （股份代號： 1146） 匯成國際控股有限公司（「本公司」及其附屬公司「本集團」）董事會兹通告謹定於二零二六 年三月二十四日（星期二）舉行董事會會議，以考慮及通過本集團截至二零二五年十二月 三十一日止的年度全年業績，及考慮建議派發末期股息（如有），以及處理其他事項。 承董事會命 匯成國際控股有限公司 董事會召開日期 ...

FF301 公司名稱: 匯成國際控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年3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) | 01146 | 說明 | 匯成國際控股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000,000 | HKD | | 0.1 HKD | | 100,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000,000 | HKD | | 0.1 HKD | | 100,000,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000,000 第 1 頁 共 10 頁 v 1.2.0 股份發行人及根 ...

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: 2026年1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: 匯成國際控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年2月2日 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) 01146 說明 匯成國際控股 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 3,445,450,000 0 3,445,450,000 增加 / 減少 (-) 本月底結存 3,445,450,000 0 3,445,450,000 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | | --- | --- | | 已符合適用的公眾持股量要求（見下方） | ✔ | | 未符合適用的公眾持股量要求（見下方） | | | 根據《主板上市規則》第 ...

Core Viewpoint - 汇成国际控股 has successfully converted its investment in Shanghai Biran into H-shares following the company's listing on the Hong Kong Stock Exchange on January 2, 2026, indicating a positive development for the company's investment portfolio [1] Group 1: Investment Details - 汇成国际控股 holds 1,702,550 shares of Shanghai Biran, representing approximately 0.07% of the company's issued share capital [1] - The fair value of the investment in Shanghai Biran, based on the closing price of HKD 34.46 per H-share on January 2, 2026, is approximately HKD 58,669,873, equivalent to about RMB 52.99 million [1] - After deducting the initial investment cost and related expenses, the investment is expected to yield a net gain compared to the initial investment in Qingdao Huaxin Anchor [1] Group 2: Market Considerations - The Shanghai Biran H-shares are subject to a twelve-month lock-up period, which may affect liquidity [1] - Although the fair value increase is reflected in the company's accounts, the asset cannot be immediately liquidated, and it remains uncertain whether this fair value increase can be realized in future fiscal years [1]

Core Viewpoint - 汇成国际控股 has announced its holding of 1,702,550 shares of Shanghai Biran, representing approximately 0.07% of the company's issued share capital, which has been converted into H-shares [1] Group 1 - The fair value of the shares held by 汇成国际控股 through Qingdao Huaxin Anchor is estimated at HKD 58,669,873, equivalent to approximately RMB 52,991,803, based on the closing price of Shanghai Biran H-shares at HKD 34.46 on January 2, 2026 [1] - After deducting the investment cost and related expenses, the investment will record a net gain compared to the initial investment cost in Qingdao Huaxin Anchor [1] - The Shanghai Biran H-shares are subject to a twelve-month lock-up period [1]

Core Viewpoint - Huitong International Holdings (01146) announced that its invested fund, Qingdao Huaxin Anchor Investment Center, informed that its portfolio company, Shanghai Biran Technology Co., Ltd., successfully listed on the Hong Kong Stock Exchange on January 2, 2026 [1] Group 1: Company Overview - Qingdao Huaxin Anchor is a limited partnership established under the laws of the People's Republic of China, with its general partner being Qingdao Anchor Technology Investment Development Co., Ltd. [1] - Shanghai Biran, founded in China, primarily engages in the sales of General-Purpose Graphics Processing Unit (GPGPU) chips, GPGPU-based intelligent computing solutions to support artificial intelligence, and related research and development activities [1] Group 2: Investment Details - Following the completion of the listing, the company holds 1.70255 million shares of Shanghai Biran, representing approximately 0.07% of Shanghai Biran's issued share capital, which has been converted into H-shares [1] - Based on the closing price of Shanghai Biran H-shares at HKD 34.46 on January 2, 2026, the fair value of the company's stake through Qingdao Huaxin Anchor is approximately HKD 58.6699 million (around RMB 52.9918 million) [2] - After deducting the company's investment cost and related expenses, this investment is expected to yield a net gain compared to the initial investment cost in Qingdao Huaxin Anchor [2]

Core Viewpoint - 汇成国际控股 has announced that its invested fund, 青岛华芯锚点投资中心, has successfully listed its portfolio company, 上海壁仞科技股份有限公司, on the Hong Kong Stock Exchange on January 2, 2026 [1] Group 1: Company Overview - 青岛华芯锚点 is a limited partnership established under the laws of the People's Republic of China, with its general partner being 青岛锚点科技投资发展有限公司 [1] - 上海壁仞 focuses on the sales of General-Purpose Graphics Processing Unit (GPGPU) chips and provides intelligent computing solutions to support artificial intelligence and related services [1] - The company is engaged in GPGPU-related research and development activities primarily in China and other regions [1] Group 2: Investment Details - Following the listing, 汇成国际控股 holds 1,702,550 shares of 上海壁仞, representing approximately 0.07% of its issued share capital, which has been converted into H-shares [1] - Based on the closing price of 上海壁仞's H-shares at HKD 34.46 on January 2, 2026, the fair value of 汇成国际控股's investment through 青岛华芯锚点 is approximately HKD 58.6699 million (around RMB 52.9918 million) [1] - After deducting the investment cost and related expenses, the investment is expected to yield a net gain compared to the initial investment cost in 青岛华芯锚点 [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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 （股份代號： 1146） 內幕消息 本公告乃由匯成國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港 聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及上市規則第XIVA部所界定的 《證券及期貨條例》（香港法例第571章）項下之內幕消息條文而作出。 本公司董事會（「董事會」）欣然宣佈，本集團近日獲其所投資之基金青島華芯錨點投資中 心（有限合夥）（「青島華芯錨點」）告知，其所投資之公司上海壁仞科技股份有限公司（「上 海壁仞」）之股份已於二零二六年一月二日成功在香港聯合交易所有限公司主板上市（「上 市」）。 青島華芯錨點為一間根據中華人民共和國（「中國」）法律成立之有限合夥企業，其普通合 夥人為青島錨點科技投資發展有限公司。 上海壁仞於中國成立。上海壁仞及其附屬公司的主要業務包括銷售通用圖形處理器 （「GPGPU」）晶片、基於GPGPU的智能計算解決方案以支援人工智慧及相關服務 ...