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 | | | 本月底法定/註冊股本總額： HKD 2,000,000,000 FF301 第 1 頁 共 10 頁 v 1.2.1 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 致：香港交易及結算所有限公司 公司名稱: 開源控股有限公司 呈交日期: 2026年4月1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) | 01215 | 說明 | 開源控股有限公司 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結 ...

Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 192,032,000, a decrease of 40.5% compared to HKD 323,454,000 for the year ended December 31, 2024[3] - Gross profit for the year ended December 31, 2025, was HKD 7,133,000, down 91.8% from HKD 86,690,000 in the previous year[3] - The company reported a net loss of HKD 127,532,000 for the year ended December 31, 2025, compared to a profit of HKD 35,848,000 in 2024[3] - Other income decreased to HKD 29,302,000 in 2025 from HKD 40,816,000 in 2024, representing a decline of 28.2%[34] - The group's pre-tax loss for 2025 was HKD 145,473,000, compared to a profit of HKD 49,087,000 in 2024[39] - The company did not recommend any dividend payment for the current year, consistent with the previous year[41] Assets and Liabilities - Total assets as of December 31, 2025, increased to HKD 3,723,815,000 from HKD 3,467,963,000 in 2024, representing a growth of 7.4%[5] - Non-current assets rose to HKD 2,692,451,000 in 2025, up from HKD 2,253,400,000 in 2024, marking an increase of 19.5%[5] - Current liabilities totaled HKD 105,135,000 as of December 31, 2025, compared to HKD 82,472,000 in 2024, reflecting a rise of 27.5%[6] - The company's cash and cash equivalents decreased to HKD 829,876,000 in 2025 from HKD 994,466,000 in 2024, a decline of 16.5%[5] - The company’s total equity increased slightly to HKD 1,888,550,000 in 2025 from HKD 1,871,661,000 in 2024, an increase of 0.9%[6] - The total value of non-current assets increased by approximately 19.5% to about HKD 2.693 billion, compared to HKD 2.253 billion in the previous year[53] - The total current assets decreased by approximately 15.1% to about HKD 1.031 billion, down from HKD 1.215 billion in the previous year[53] Segment Performance - For the fiscal year ending December 31, 2025, the hotel operations segment generated revenue of HKD 192,032,000, while the financing segment reported no revenue, totaling HKD 192,032,000[27] - The adjusted profit before tax for the hotel operations segment was a loss of HKD 85,478,000, and the financing segment reported a loss of HKD 1,004,000, resulting in a total adjusted loss before tax of HKD 145,473,000[27] - The hotel operations segment generated revenue of approximately HKD 192 million, significantly impacted by the ongoing renovation at the Paris Marriott Hotel[54] - The company reported no revenue from the financing business segment this year, maintaining a loss of approximately HKD 1 million, consistent with the previous year[57] Impairment and Financing Costs - The company incurred financing costs of HKD 77,657,000 in 2025, which is a significant increase from HKD 48,924,000 in 2024, representing a rise of 58.5%[3] - The company recognized an impairment provision of HKD 63,857,000 for loans to associates in 2025, which was not present in the previous year[3] - The company recorded an impairment provision of approximately HKD 63.9 million for loans provided to associates, compared to zero in the previous year[50] - The group's total financing costs included bank borrowing interest of HKD 80,147,000, down from HKD 92,060,000 in 2024[35] Corporate Governance and Compliance - The company has established a remuneration committee responsible for proposing compensation policies for all directors and senior management[82] - The audit committee, consisting of four independent non-executive directors, is satisfied with the internal control procedures and financial reporting disclosures[80] - The company has complied with the corporate governance code, with exceptions including the absence of a chairman, which was shared among executive directors[78] - The company will continue to review its corporate governance policies to meet shareholder expectations and standards[79] Accounting Standards and Regulations - The financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards, with values presented in HKD rounded to the nearest thousand[11] - The company has adopted the revised Hong Kong Accounting Standard No. 21 regarding the lack of exchangeability, which has no impact on the consolidated financial statements[15] - The company plans to apply new and revised Hong Kong Financial Reporting Standards when they become effective, as it has not yet applied the newly issued standards[17] - The Hong Kong Financial Reporting Standard No. 18 introduces new requirements for the presentation of the income statement, including the classification of all income and expenses into five categories[19] - The company is currently analyzing the new regulations and assessing the impact of Hong Kong Financial Reporting Standard No. 18 on its financial statement presentation and disclosures[19] - The amendments to Hong Kong Financial Reporting Standard No. 9 and No. 7 clarify the derecognition of financial assets or liabilities and introduce accounting policy choices under specific conditions[21] - The amendments related to electricity contracts clarify the application of "self-use" provisions and require additional disclosures to help users understand the impact on financial performance and future cash flows[22] - The group expects that the recent accounting standard amendments will not have a significant impact on its financial statements[24] Legal and Restructuring Matters - The company has initiated legal proceedings to execute pledged assets related to loans provided to a joint venture, which were later rejected by the court[59] - The joint venture is undergoing a restructuring process, which may dilute the company's current 37.125% equity interest in the joint venture[59] - The company is assessing expected credit losses related to pledged assets under Hong Kong Financial Reporting Standard 9, which involves evaluating the credit risk status of financial assets[60] - An independent appraiser has been engaged to evaluate expected credit losses for pledged assets as of December 31, 2025, using a specific formula to assess potential losses[61] - The expected credit loss model categorizes financial assets into three stages based on credit risk, with stage three indicating significant deterioration and requiring ongoing recognition of expected credit losses[62] - The estimated orderly liquidation value of pledged assets is approximately RMB 91,600,000 (equivalent to about HKD 100,700,000) as of the end of the restructuring period[63] - Unpaid construction payments related to pledged assets amount to approximately RMB 40,900,000 (equivalent to about HKD 45,000,000) as of December 31, 2025[63] - The group's default debt exposure is approximately RMB 199,500,000 (equivalent to about HKD 219,300,000) as of December 31, 2025[64] - Expected credit losses have reached approximately RMB 156,700,000 (equivalent to about HKD 172,700,000) this year[64] Employee Compensation - The total employee compensation for the year was approximately HKD 8,800,000, an increase from HKD 8,200,000 in the previous year[76]

董事會會議通告 KAI YUAN HOLDINGS LIMITED 開源控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：1215） 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，並明確表示概不就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之任何損失承擔任何責任。 開源控股有限公司（「本公司」）董事會（「董事會」）宣佈，董事會會議將於二零二六年三 月二十七日（星期五）假香港灣仔告士打道178號華懋世紀廣場28樓舉行，旨在（其中包 括）批准本公司及其附屬公司截止二零二五年十二月三十一日止的年度業績及考慮派發年 度股息（如有）。 香港，二零二六年三月十六日 於本公告日期，董事會由執行董事薛健先生及羅永志先生；以及獨立非執行董事譚新榮 先生、吳志彬先生、賀弋先生及郭佩霞女士組成。 承董事會命 開源控股有限公司 執行董事 羅永志 ...

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，並明確表示概不就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之任何損失承擔任何責任。 KAI YUAN HOLDINGS LIMITED 開源控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：1215） –2– –1– 預期本年度由盈轉虧主要由於(i)Paris Marriott Hotel Champs-Elysees（「酒店」）部分區域 於本年度內關閉進行裝修，導致本集團之收入及酒店貢獻之毛利分別減少至約 192,000,000港元及7,100,000港元（二零二四年：分別約323,500,000港元及約86,700,000 港元）；(ii)與聯營公司已抵押予本集團的在建工程資產有關的未償還金額增加，以及該 聯營公司進行重組，導致確認聯營公司之貸款之減值撥備約63,900,000港元（二零二四 年：無）；及(iii)於二零二四年續期的175,000,000歐羅銀行貸款之融資成本（扣除現金流 量對沖之公平值攤銷）增加至約77,700,000港元（二零二四年：約48,900,000 ...

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 | | | 致：香港交易及結算所有限公司 FF301 FF301 公司名稱: 開源控股有限公司 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) | 01215 | 說明 | 開源控股有限公司 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | 本月底法定/註冊股本總額： HKD 2,00 ...

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 | | | 致：香港交易及結算所有限公司 公司名稱: 開源控股有限公司 呈交日期: 2026年2月2日 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 01215 說明 開源控股有限公司 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 12,778,879,806 0 12,778,879,806 增加 / 減少 (-) 0 本月底結存 12,778,879,806 0 12,778,879,806 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 ...

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 致：香港交易及結算所有限公司 公司名稱: 開源控股有限公司 呈交日期: 2026年1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) | 01215 | 說明 | 開源控股有限公司 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | 本月底法定/註冊股本總額： ...

Core Viewpoint - Qianwei Yangchu is implementing a shareholder return initiative by offering product gift packages to shareholders, reflecting the company's commitment to shareholder appreciation and establishing a diversified return mechanism [3][5]. Group 1: Shareholder Return Activity - Qianwei Yangchu will conduct a shareholder return activity from December 2 to December 16, allowing shareholders holding at least 100 shares as of December 1 to receive product gift packages valued at 200 yuan for individual shareholders and three packages for institutional shareholders [3][5]. - The company emphasizes that this initiative will not impact its operational performance [5]. Group 2: Company Overview - Qianwei Yangchu is a well-known supplier of frozen noodle and rice products in China, primarily providing customized and standardized semi-finished products to the catering industry [5]. - The company has a diverse product line categorized into staple foods, snacks, baked goods, frozen dishes, and others, and operates multiple brands including "Qianwei Yangchu," "Xingkefang," and "Weibao" [6]. Group 3: Sales and Market Strategy - The company has adopted a multi-brand and multi-category strategy to achieve full-channel coverage, focusing on B-end markets and collaborating with major restaurant chains like Yum China and Haidilao [6]. - Qianwei Yangchu is actively engaging in the new retail market, partnering with large retailers such as Hema and Walmart, leveraging its product customization capabilities to enhance its competitive edge [7]. Group 4: Financial Performance - For the first three quarters of the year, Qianwei Yangchu reported a revenue of 1.38 billion yuan, a year-on-year increase of 1%, while net profit attributable to shareholders decreased by 34.1% to 53.78 million yuan [7]. - The company achieved a revenue of 492 million yuan in the third quarter, reflecting a year-on-year growth of 4.27% [7]. Group 5: Market Context - In the broader market, several A-share listed companies have initiated shareholder return activities, with various methods such as gift giveaways and free tickets being employed [8]. - On December 1, Qianwei Yangchu's stock closed at 36.78 yuan per share, with a year-to-date increase of 19.88% [9].

Group 1 - The company Qianwei Yangchu announced a shareholder return activity to establish a long-term and diverse shareholder return mechanism, thanking shareholders for their support and enhancing their understanding of the company's intrinsic value [1][3] - Eligible shareholders can participate in the activity by verifying their identity, and the company will provide a product gift package worth 200 yuan to verified shareholders [3] - Shareholders holding 100 shares or more as of December 1, 2025, can participate, with individual shareholders eligible for one gift package and corporate shareholders able to designate one person to receive three packages [3] Group 2 - Emei Mountain A also announced a shareholder return activity, offering free admission to the Emei Mountain scenic area and free rides on the Wanyan cableway for individual shareholders holding 500 shares or more, along with discounts for accompanying family members [3] - The activity for Emei Mountain A will run from December 1, 2025, to January 31, 2026, excluding national holidays [3] - Emei Mountain A's stock price reached a limit-up today, indicating positive market response to the announcement [4]

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 公司名稱: 開源控股有限公司 呈交日期: 2025年12月1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) | 01215 | 說明 | 開源控股有限公司 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 HKD | | | 0.1 HKD | | 2,000,000,000 | 本月底法定/註冊股本總額： HKD 2,000,000,000 | 截至月份: 2025年11月30日 | ...