Core Viewpoint - China Innovation Investment (01217) reported a significant increase in expected profit, projecting a profit of approximately HKD 23 million for the six months ending June 30, 2025, compared to HKD 8 million for the same period in 2024, representing an increase of over 180% [1] Group 1 - The stock opened over 8% higher following the profit announcement, with a current increase of 8.33%, trading at HKD 0.013 [1] - The increase in profit is primarily attributed to favorable investment returns in the Hong Kong stock market, which boosted net investment income [1] - The trading volume reached HKD 306,300 [1]

Core Viewpoint - China Innovation Investment (01217) reported a significant increase in expected profit, projecting a profit of approximately HKD 23 million for the six months ending June 30, 2025, compared to HKD 8 million for the same period in 2024, marking an increase of over 180% due to favorable investment returns in the Hong Kong stock market [1][1][1] Summary by Category Company Performance - The company's stock opened over 8% higher, reaching HKD 0.013, with a trading volume of HKD 306,300 [1][1][1] - The expected profit increase is attributed to improved net investment income resulting from positive market conditions [1][1][1] Market Context - The announcement reflects the overall positive performance of the Hong Kong stock market, which has contributed to the company's enhanced investment returns [1][1][1]

Core Viewpoint - China Innovation Investment (01217) expects to achieve a profit attributable to shareholders of approximately HKD 23 million for the six months ending June 30, 2025, representing an increase of over 180% compared to HKD 8 million for the same period in 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated profit increase is primarily attributed to favorable investment returns in the Hong Kong stock market, which has led to an increase in net investment income [1]

Core Viewpoint - China Innovation Investment (01217) expects to achieve a profit attributable to shareholders of approximately HKD 23 million for the six months ending June 30, 2025, representing an increase of over 180% compared to HKD 8 million for the same period in 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated profit increase is primarily attributed to favorable investment returns in the Hong Kong stock market, which has led to an increase in net investment income [1]

格隆汇7月30日丨中国创新投资(01217.HK)公告，公司预期截至2025年6月30日止六个月录得公司拥有人 应占溢利约23百万港元，与截至2024年同期录得公司拥有人应占溢利约8百万港元相比上涨超过180%。 该增长的主要原因为期间香港股市的良好投资回报使净投资收益增加。 ...

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，並明確表示概不就因本公佈全部 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。 本公司仍在落實其截至二零二五年六月三十日止六個月的財務業績。本公告所 載資料僅為本公司依據本公司截至二零二五年六月三十日止六個月未經審核管 理帳目以及現時可得資料的初步評估，有關資料尚未經本公司審核委員會或本 公司核數師審閱 ，且可能在進一步審閱後需要進行調整。建議股東及本公司潛 - 1 - 在投資者參閱本公司預定於二零二五年八月二十五日公佈之截至二零二五年六 月三十日止六個月的業績公告內之詳情。 股東及本公司潛在投資者在買賣本公司股份時，務請審慎行事。 承董事局命 中國創新投資有限公司 主席兼行政總裁 向心 CHINA INNOVATION INVESTMENT LIMITED 中國創新投資有限公司 ( 於開曼群島註冊成立之有限公司 ) （股份代號：1217） 正面盈利預告 本公告乃由中國創新投資有限公司（「本公司」）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(2)(a)條及 ...

Core Viewpoint - China Innovation Investment (01217) has reported fraudulent activities using its name, including unauthorized online investment platforms and impersonation of its directors [1][2] Group 1: Fraudulent Activities - The company has discovered unauthorized use of its name to create online investment platforms and applications, as well as the forgery of documents bearing its name and seal [1] - Impersonation of the company's directors has occurred in attempts to deceive the public into participating in illegal investment projects [1] Group 2: Company Response - The company clarifies that it has never launched any online investment platforms or applications and that any disputes arising from these fraudulent activities are not related to it [1] - Actions taken by the company include reporting to the Hong Kong police and mainland authorities, as well as issuing anti-fraud statements widely on the internet [1] Group 3: Public Advisory - The company advises the public to verify the authenticity of any documents claiming to be from it and to report any information related to the fraud to law enforcement [2] - It emphasizes that it has not authorized any individuals to act as agents for selling or investing in financial products [1][2] - The official website of the company is provided for verification purposes, and the public is urged to be cautious of unsolicited investment opportunities [1][2]

[Supplemental Announcement Regarding the Company's 2024 Annual Report](index=1&type=section&id=Supplemental%20Announcement%20Regarding%20the%20Company%27s%202024%20Annual%20Report) [Overview and Supplemental Information on Share Option Scheme](index=1&type=section&id=Overview%20and%20Supplemental%20Information%20on%20Share%20Option%20Scheme) This announcement supplements information on the company's share option scheme in the 2024 annual report, clarifying vesting terms and specifying that 'other' grantees in financial statement notes refer to 'other eligible participants' - For the year ended December 31, 2024, no share options were cancelled or clawed back, and all options granted under the scheme, except those to Ms. Qin Han, vested immediately[2](index=2&type=chunk) - The announcement clarifies that in Note 25 of the annual report's financial statements, 'other' grantees refer to 'other eligible participants'[2](index=2&type=chunk) [Changes in Share Options](index=2&type=section&id=Changes%20in%20Share%20Options) The announcement details share option movements for the year ended December 31, 2024, showing approximately **439 million** options granted to former directors and consultants in 2014 expired during the year, with no options exercised in 2023 or 2024 - According to revised annual report information, for the year ended December 31, 2024, **60,394,737** share options held by one director and **378,473,685** options held by other eligible participants expired[5](index=5&type=chunk) 2024 Share Option Movement Details (Portion Granted in 2014) | Grantee | Unexercised at Start of 2024 | Expired During Year | Unexercised at End of 2024 | | :--- | :--- | :--- | :--- | | Former Directors and Consultants | 378,473,685 | (378,473,685) | 0 | - No share options were exercised during the two years ended December 31, 2024, and 2023[6](index=6&type=chunk) [Share Option Scheme Status Update](index=3&type=section&id=Share%20Option%20Scheme%20Status%20Update) The announcement confirms the company's share option scheme expired on June 3, 2024, resulting in zero available options for grant under the scheme by the end of 2024 - The company's share option scheme expired on June 3, 2024[6](index=6&type=chunk) Changes in Number of Share Options Available for Grant Under the Scheme | Date | Number of Options Available for Grant | | :--- | :--- | | 2024年1月1日 | 169,070,153 | | 2024年12月31日 | 0 |

Group 1 - The Hang Seng Index rose by 0.46% to close at 24,139.57 points on July 11 [1] - China Innovation Investment (01217.HK) closed at HKD 0.011 per share, up 10.0%, with a trading volume of 46.504 million shares and a turnover of HKD 479,600, showing a volatility of 10.0% [1] - Over the past month, China Innovation Investment has seen a cumulative decline of 9.09%, with no change in its year-to-date performance, underperforming the Hang Seng Index by 19.78% [1] Group 2 - As of December 31, 2024, China Innovation Investment reported total operating revenue of HKD 18.7597 million, a year-on-year increase of 112.55%, and a net profit attributable to shareholders of HKD 4.6348 million, up 128.23%, with a debt-to-asset ratio of 1.07% [1] - Currently, there are no institutional investment ratings for China Innovation Investment [2] - The average price-to-earnings (P/E) ratio for the other financial industry is 6.23 times, while China Innovation Investment has a P/E ratio of 25.58 times, ranking 55th in the industry [2] - Other companies in the sector have significantly lower P/E ratios, such as China Merchants China Fund (2.54 times), Weixin Financial Technology (3.54 times), Hong Kong Credit (3.69 times), Guoyin Financial Leasing (4.52 times), and Zhongguancun Technology Leasing (4.69 times) [2] Group 3 - China Innovation Investment Limited was registered in the Cayman Islands on February 7, 2002, and was listed on the main board of the Hong Kong Stock Exchange on August 28, 2002, focusing on investment in both listed and unlisted enterprises [2]

Investment Activities - The company completed the subscription of 226,000,000 new shares of Easy Life Holdings Limited for a cash consideration of HKD 27,798,000, representing approximately 16.66% of the issued share capital post-completion [11]. - The company entered into a shareholder agreement with Oasis Avenue Limited for a cash consideration of HKD 12,600,000, representing 29.27% of the voting shares post-completion [12]. - The company holds investments in six unlisted companies with book values of approximately HKD 35,142,000, HKD 48,273,000, HKD 39,319,000, HKD 33,791,000, HKD 43,734,000, and HKD 11,887,000 respectively [14]. - The company has made significant investments in sectors such as renewable energy, new materials, and health communication products [9][10][11]. - The company's primary investment strategy focuses on achieving medium to long-term capital appreciation through investments in quality listed and unlisted companies primarily located in Hong Kong and China, with at least 70% of investments in these regions [53]. - The company aims to balance risks by investing in equity-related securities and debt instruments across various industries, including information technology, telecommunications, manufacturing, services, real estate, infrastructure, life sciences, and environment [53]. - The company emphasizes investing in companies with strong fundamentals and long-term growth potential, particularly those with profit growth potential and strong R&D capabilities [53]. - The company may consider divesting investments when it believes that monetizing such investments aligns with its best interests, especially under favorable terms [53]. Financial Performance - The company's revenue for the year ended December 31, 2024, was approximately HKD 687,883,000, compared to HKD 387,620,000 for the year ended December 31, 2023, representing an increase of about 77.5% [26]. - The net realized gains from investments and other investment products for the year ended December 31, 2024, amounted to approximately HKD 12,505,000, compared to a net loss of HKD 3,149,000 for the same period in 2023 [26]. - The net profit attributable to shareholders for the year ended December 31, 2024, was approximately HKD 5,005,000, up from HKD 2,193,000 in the previous year, primarily driven by realized gains from investments [26]. - As of December 31, 2024, the company's net asset value was approximately HKD 542,711,000, down from HKD 547,668,000 in 2023, with a net asset value per share of HKD 0.042 [26]. - The company held listed equity securities valued at approximately HKD 86,251,000 as of December 31, 2024, including 689,000 shares of Alibaba Group valued at approximately HKD 56,774,000, representing about 10.3% of the company's total assets [27]. - The company had cash and bank balances of approximately HKD 213,589,000 as of December 31, 2024, with a zero debt-to-equity ratio, indicating a net cash position [36]. - The company did not incur any bank financing during the review period and expects to have sufficient financial resources to meet its operational and development needs [36]. - The company reported a net unrealized holding gain of approximately HKD 127,000 from investments as of December 31, 2024 [33]. Market Outlook - The company remains optimistic about long-term development prospects despite challenges in the economic environment and the real estate market [21]. - The company anticipates that market conditions will continue to be challenging but believes these challenges are temporary [21]. - The company anticipates continued challenges in the market due to weak consumer and business confidence, a sluggish real estate market, and tightening financial conditions [49]. - The company remains confident in its long-term development prospects and aims to transform traditional models into innovative ones to foster new productivity and growth [50][51][52]. Corporate Governance - The board of directors consists of two executive directors and three independent non-executive directors as of December 31, 2024 [70]. - All independent non-executive directors have confirmed their independence according to the factors listed in Listing Rule 3.13 [72]. - The company has established a board diversity policy to ensure a balanced mix of skills, experience, and diversity among board members [73]. - The remuneration committee, composed entirely of independent non-executive directors, determines the remuneration policies for executive directors and senior management [78]. - The executive committee, formed by all executive directors, is authorized to handle all matters related to the company's daily operations [75]. - The company has not discussed specific matters during the executive committee meetings in the past year [77]. - The chairman and CEO roles are held by the same individual, which deviates from the guideline that these roles should be separated [67]. - The audit committee confirmed the independence of the external auditor, suggesting the reappointment of the auditing firm for the upcoming annual general meeting [85]. - The internal control system was deemed robust and effective, ensuring the protection of shareholder and employee interests [82]. - The board is responsible for overseeing the company's risk management and internal control systems [92]. Employee and Social Responsibility - The company has 16 employees as of December 31, 2024, down from 18 in 2023, with total compensation amounting to approximately HKD 2,883,000, an increase from HKD 2,205,000 in the previous year [41]. - The company encourages employees to obtain professional qualifications and provides necessary subsidies to enhance personal development [161]. - The company has established a recruitment standard and position manual, ensuring equal opportunities regardless of gender, age, or religion [155]. - The company has a diverse workforce, with 38% of employees aged between 40 to 60 years [155]. - The company provided over 50 hours of internal training in 2024, with nearly all employees participating in weekly training sessions [165]. - The company has implemented a fair and transparent reward system, reviewing compensation structures annually and performance monthly to ensure competitive salaries [161]. - In 2024, the company did not experience any work-related fatalities or injuries leading to employee absenteeism, emphasizing its commitment to health and safety [162]. - The company actively encourages employees to adopt sustainable practices, including energy-saving training programs and incentives for purchasing eco-friendly products [144]. - The company encourages employees to participate in charitable activities and has established over 170 recycling stations across Hong Kong [184]. Environmental Sustainability - The company has committed to environmental sustainability and compliance with relevant laws and regulations [100]. - The company achieved 100% paper procurement from suppliers adhering to a "zero deforestation commitment" in 2024, maintaining its commitment from the previous year [148]. - The company implemented measures to reduce energy waste, including mandatory shutdown of lights and equipment after 10 minutes of inactivity, contributing to resource conservation and environmental protection [146]. - The company promotes a paperless office by reducing printer usage and minimizing paper consumption, which helps lower greenhouse gas emissions [143]. - The company recognizes the importance of responsible IT equipment usage and disposal as a core aspect of its sustainability plan, focusing on extending the lifecycle of IT assets [149]. - The company emphasizes the integration of air purification measures in the workplace, reflecting its commitment to employee well-being and corporate culture [153]. - The company's electricity consumption in the Hong Kong office for 2024 was 6,080 kWh, resulting in greenhouse gas emissions of 4,013 kg CO2-e, compared to 5,696 kWh and 3,873 kg CO2-e in 2023, indicating a 6.7% increase in electricity consumption and a 3.6% increase in emissions [151]. Risk Management - The company is exposed to economic risks, particularly due to the macroeconomic conditions in China, which can significantly impact the business and financial performance of its investments [57]. - The company cannot acquire more than 30% voting rights in any invested company, limiting its control and involvement in management decisions [60]. - The company is subject to market risks, as stock prices can fluctuate due to political, economic, and social factors, affecting the value of its listed equity holdings [61]. - The company operates under the regulatory framework of China, which presents legal risks due to the evolving nature of its commercial laws and regulations [62]. - The company perceives foreign exchange risk as low, given that financial assets and liabilities denominated in foreign currencies are not significant [64]. - The company does not hedge its foreign exchange risk against the US dollar due to the controlled and narrow fluctuation of the Hong Kong dollar against the US dollar [65]. - The company regularly monitors industry developments and assesses various types of risks to formulate appropriate strategies to minimize adverse impacts [66]. Compliance and Ethics - The company has implemented an internal monitoring policy to prevent corruption and fraud, overseen by the Human Resources Department [175]. - The company emphasizes the importance of corporate governance and ethical standards to meet the expectations of shareholders and regulators [177]. - The company has a clear stance against corruption and fraud, incorporating appropriate clauses in contracts with suppliers and business partners [176]. - The company conducts regular anti-corruption training sessions and has established a mechanism for employees to report suspicious activities anonymously [179]. - The company has not encountered any significant compliance issues related to employment standards in 2024 [152]. - The company has not reported any significant compliance issues in 2024, adhering strictly to applicable laws and regulations [164].