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 董事會由六名董事組成，包括三名執行董事黃建業先生、黃靜怡女士及施嘉明先生；及三名獨立非執行董事何君達先生、孫德釗先 生及陳念良先生。 第 2 頁 共 2 頁 v 1.1.1 EF001 | 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 美聯集團有限公司 (於百慕達註冊成立之有限公司) | | | 股份代號 | 01200 | | 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 截至二零二五年十二月三十一日止年度之特別股息及暫停辦理股份過戶登記手續 | | | 公告日期 | 2026年3月30日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股 ...

EF001 EF001 其他信息 其他信息 不適用 發行人董事 董事會由六名董事組成，包括三名執行董事黃建業先生、黃靜怡女士及施嘉明先生；及三名獨立非執行董事何君達先生、孫德釗先 生及陳念良先生。 第 2 頁 共 2 頁 v 1.1.1 免責聲明 | 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。 | 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 | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 美聯集團有限公司 (於百慕達註冊成立之有限公司) | | 股份代號 | 01200 | | 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 | 截至二零二五年十二月三十一日止年度之末期股息及暫停辦理股份過戶登記手續 | | 公告日期 | 2026年3月30日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派 ...

Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 5,498,926, a decrease of 9.6% compared to HKD 6,084,239 in 2024[3] - Operating profit increased to HKD 497,429, representing a growth of 29.4% from HKD 384,586 in the previous year[3] - Net profit attributable to equity holders was HKD 422,682, up 32.0% from HKD 320,323 in 2024[3] - Basic earnings per share rose to HKD 58.96, an increase of 32.0% compared to HKD 44.67 in the prior year[4] - The reported segment profit for 2025 was HKD 578,751,000, an increase of 33.7% from HKD 433,178,000 in 2024[21] - The pre-tax profit for 2025 reached HKD 497,053,000, up 34.1% from HKD 370,936,000 in 2024[21] Dividends - The company declared a final dividend of HKD 6.0 and a special dividend of HKD 3.0 for the year[4] - The board proposed a final dividend of HKD 0.06 per share and a special dividend of HKD 0.03 per share, totaling approximately HKD 64,521,000[29] - The record date for the final dividend and special dividend is set for June 12, 2026, with a suspension of share transfer registration from June 3 to June 8, 2026[62] Assets and Liabilities - Total assets as of December 31, 2025, were HKD 4,698,867, slightly down from HKD 4,708,309 in 2024[6] - Total liabilities decreased to HKD 3,295,185 from HKD 3,714,595 in the previous year, indicating a reduction of 11.3%[7] - The company’s equity attributable to equity holders rose to HKD 1,403,682, a significant increase from HKD 993,714 in 2024, marking a growth of 41.2%[7] - The segment assets for 2025 were HKD 4,234,424,000, a slight increase from HKD 4,201,795,000 in 2024[23] Revenue Breakdown - Revenue from property agency business for 2025 is HKD 5,482,680, down from HKD 6,070,571 in 2024, representing a decline of 9.7%[15] - The net revenue after external commissions for the property agency business in 2025 is HKD 3,404,388, slightly up from HKD 3,372,971 in 2024, indicating a growth of 0.9%[17] - The company reported external commissions of HKD 2,078,292 in 2025, down from HKD 2,697,600 in 2024, a decrease of 22.9%[18] - Revenue from external customers in Hong Kong and Macau was HKD 5,218,346,000, down 9.1% from HKD 5,745,377,000 in 2024[24] Market Conditions - Future outlook remains cautious due to market conditions, with a focus on cost management and operational efficiency[20] - The residential market in Hong Kong experienced a recovery in 2025, with key indicators such as primary and secondary residential sales, rental prices, and property values all showing upward trends, with property prices increasing by 5% year-on-year[37] - Demand from mainland buyers has significantly increased since early 2024, driven by factors such as children's education and work visa renewals, with no signs of weakening demand in the short term[43] - The group anticipates continued growth in the Hong Kong property market in 2026, driven by stable demand from mainland and local buyers, reduced supply, rising rents, and declining interest rates[42] Operational Efficiency - The company plans to continue focusing on market expansion and enhancing service offerings in the property sector[20] - The group has implemented various measures, including technology empowerment and enhanced communication, to improve sales productivity and operational efficiency[41] - The group achieved an increase in market share in both the primary and secondary residential markets, supported by a series of management measures aimed at enhancing operational efficiency and attracting top talent[40] Employee and Governance - The group employed 4,781 full-time employees as of December 31, 2025, up from 4,593 in 2024[60] - The company has complied with all applicable corporate governance codes as per the Hong Kong Stock Exchange rules for the year ending December 31, 2025[63] - The company’s audit committee reviewed the consolidated financial statements for the year ending December 31, 2025, confirming alignment with the audited figures[66] Risks and Challenges - Geopolitical risks and intensified competition are significant challenges that the group must prepare for as the real estate market continues to recover[51] - The group is actively defending against legal proceedings related to competition law, with potential liabilities currently deemed too uncertain to estimate[58][59] Cash Management - Cash and bank deposits increased to HKD 999,455, up from HKD 711,127 in 2024, reflecting a growth of 40.5%[6] - The group is focusing on cautious financial resource management while actively investing in talent development and technological innovation to enhance competitiveness[50] - The current ratio improved to 1.4 from 1.2 in 2024, indicating a stronger liquidity position[53] - Unutilized bank financing amounted to HKD 1,338,000,000, an increase from HKD 1,168,000,000 in 2024[53] Share Repurchase - The company repurchased a total of 190,000 shares in January 2025 at a total cost of HKD 156,800, with a price range of HKD 0.82 to HKD 0.83 per share[65] - The company’s share repurchase was approved by the board to enhance shareholder value and net asset value per share[65]

董事會會議召開日期 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分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 美聯集團有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於二零二六 年三月三十日（星期一）舉行董事會會議，以（其中包括）批准本公司及其附屬公司截 至二零二五年十二月三十一日止年度之經審核全年業績及其刊發，以及考慮建議派發末 期股息（如有）。 香港，二零二六年三月十三日 於本公告日期，董事會由六名董事組成，包括三名執行董事黃建業先生、黃靜怡女士及施嘉明 先生；及三名獨立非執行董事何君達先生、孫德釗先生及陳念良先生。 承董事會命 美聯集團有限公司 公司秘書 梅雅美 ...

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2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 美聯集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2026年3月3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) | 01200 | 說明 | | | | | | | | | | 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 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法定/註冊 ...

Core Viewpoint - The Hong Kong property market is showing strong early signs of recovery in 2026, with significant increases in transaction volumes and property prices, driven by favorable economic conditions and market sentiment [1][2][6]. Group 1: Transaction Volume - From the first day of the Lunar New Year to the tenth day, approximately 175 new properties were sold, representing a year-on-year increase of about 27.7% compared to 137 transactions during the same period last year [1]. - In the first two months of 2026, over 3,700 new properties were sold, marking a nearly 90% year-on-year increase and the highest sales volume since the implementation of the new sales regulations in 2013 [2]. - It is estimated that the transaction volume for March will increase by 70% month-on-month to approximately 2,400 transactions, continuing a streak of over 1,000 transactions for 14 consecutive months [2]. Group 2: Property Prices - The latest property price index stands at 138.66 points, reflecting a weekly increase of 0.37%, marking the longest consecutive weekly increase since June 2019 [2]. - Year-to-date, property prices have risen by 2.93%, and compared to last year's low, they have increased by 9.8%, with expectations of an overall increase of 10% to 15% for the year [2]. Group 3: Future Supply and Market Outlook - An estimated 26,000 new units are expected to be launched across various regions in Hong Kong from March to December 2026, with a focus on the Northern Metropolis area [6]. - In the Kowloon area, approximately 3,884 units are expected in the Kai Tak area, while other districts like To Kwa Wan and Hung Hom are projected to have around 3,743 units available [7]. - The company anticipates that the overall transaction volume for the year could reach 22,000 units, setting a new record since the sales regulations took effect in 2013 [7].

Group 1 - The core viewpoint of the article indicates that the expected number of first-hand property transactions in February will exceed 1,300, marking the busiest February since the implementation of the first-hand sales regulations [1] - The first-hand transaction volume for February is projected to increase by approximately 6.5% compared to the same month last year, surpassing the previous high of 1,297 transactions recorded in February 2017 [1] - The strong purchasing power is reflected in the record high transactions during the Lunar New Year period, despite the holiday atmosphere, indicating robust market demand [1] Group 2 - For the first 25 days of February, transactions over HKD 20 million saw a year-on-year increase of 126%, while transactions between HKD 10 million and HKD 20 million rose by approximately 24.6% [1] - Transactions below HKD 10 million have not yet matched last year's figures, showing a slight decline of about 2.1%, but it is expected that the total volume for the month will catch up [1] - Looking ahead to March, with the festive atmosphere fading and multiple new projects set to launch, the first-hand market is anticipated to flourish, with expected transactions exceeding 2,000 [1]

Core Viewpoint - The chairman of Meilian Group (01200), Huang Jianye, predicts a 10% increase in property prices for the year 2026, primarily focusing on small to medium-sized residential properties and high-end new buildings [1] Group 1: Market Performance - The real estate market has shown good performance, and the government does not need to implement new measures to stimulate the market [1] - A total of 85,000 transactions are expected, including 22,000 new properties, 50,000 second-hand properties, and 5,000 commercial properties [1] Group 2: Commercial Properties - Commercial properties require time to find support points, but there is confidence that these points will be identified soon [1] - The chairman hopes the government can assist commercial property investments, such as channeling investment immigration funds into commercial properties [1] Group 3: Tax Policy - Regarding the potential further relaxation of the stamp duty exemption limit to properties valued at HKD 6 million, the chairman indicated a willingness to suggest a slight relaxation to the government, but not to the full HKD 6 million limit [1] Group 4: Company Strategy - The group plans to expand its workforce and branches in 2026 based on market conditions [1]

Core Viewpoint - The latest "Midland Property Price Index" released by Midland Realty shows a continuous increase in property prices in Hong Kong, marking the longest streak since June 2019, with a weekly rise of 0.37% and a cumulative increase of 2.93% since the beginning of 2025 [1] Group 1: Price Index Performance - The Midland Property Price Index stands at 138.66 points, reflecting a weekly increase of 0.37% and a cumulative rise of 1.57% over the past four weeks [1] - The property price indices for different regions are as follows: - Hong Kong Island Index at 146.75 points, up 0.89% weekly, with a year-to-date increase of 4.95% [1] - Kowloon Index at 145.28 points, up 0.24% weekly, with a year-to-date increase of 3.81% [1] - New Territories Index at 125.42 points, up 0.3% weekly, with a year-to-date increase of 1.54% [1] Group 2: Market Sentiment - The Midland Confidence Index has risen to 83.1 points, increasing approximately 3.4% weekly, reaching the highest level since July 2018 [1] - Analyst Chan Sung-kin notes that owner confidence has strengthened, with the highest proportion of discounted properties found in the New Territories, particularly in Tin Shui Wai, Tsuen Wan, and Cheung Sha Wan/Sham Shui Po [1]

Group 1 - The overall atmosphere of the Hong Kong property market is positive, with a high willingness among citizens to enter the market, although activities were affected by the Lunar New Year celebrations [1][1] - During the first weekend of the Year of the Horse (February 21-22), the number of scheduled viewings for 15 key secondary housing estates dropped to approximately 427, a week-on-week decrease of about 2.5%, marking a decline for two consecutive weekends [1][1] - The viewing activities in the Hong Kong Island area saw a slight week-on-week decrease of about 1.7%, while the Kowloon area recorded around 155 scheduled viewings, down approximately 2.5% [1][1] Group 2 - The New Territories also experienced a week-on-week decline in scheduled viewings for four key housing estates, dropping by about 3.1% [1][1] - Some buyers are adopting a wait-and-see approach ahead of the upcoming fiscal budget announcement, with market attention focused on potential adjustments to property policies or economic stimulus measures [1][1] - It is anticipated that as the Lunar New Year holiday concludes and festive factors diminish, along with developers actively planning new launches, the market is expected to regain attention and improve overall sentiment [1][1]