此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之持牌證券商、銀行經理、 律師、專業會計師或其他專業顧問。 閣下如已將名下之中國投融資集團有限公司股份全部售出或轉讓，應立即將本通函及隨附代 表委任表格送交買主或承讓人，或送交經手買賣或轉讓之銀行、持牌證券商或其他代理商，以 便轉交買主或承讓人。 CHINA INVESTMENT AND FINANCE GROUP LIMITED 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文件之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不會就因本通函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。 中國投融資集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1226） 購回及發行股份之建議一般授權、 建議重選董事 及 股東週年大會通告 本公司將於二零二五年九月八日（星期一）上午十一時三十分假座香港皇后大道中99號中環 中心12樓2室舉行股東週年大會（定義見本文），召開股東週年大會之通告載於本通函第15至 18頁。無論股東能否出席股東週年大會，務請按隨附之代表委任表格所列印指示將其填 ...

Financial Performance - For the year ended March 31, 2025, the Group recorded gross proceeds from the disposal of listed equity securities of approximately HK$16.4 million, a decrease of approximately 44.9% compared to HK$29.8 million in the previous year[11]. - The Group's revenue increased to approximately HK$6.5 million, representing a growth of approximately 22.9% from HK$5.3 million in the prior year[11]. - The loss attributable to the owners of the Company decreased significantly to approximately HK$5.5 million from approximately HK$37.8 million in 2024[11]. - The audited consolidated net assets of the Group as of March 31, 2025, amounted to approximately HK$153.4 million, down from approximately HK$158.9 million in 2024[11]. - The net asset per share decreased to approximately HK$0.37 from approximately HK$0.39 in the previous year[11]. - The overall loss from trading stocks decreased from approximately HK$32.5 million to approximately HK$6.6 million[12]. - The Group's receivables and unlisted debt investments saw a reversal of impairment losses of approximately HK$0.4 million, compared to impairment losses of approximately HK$2.7 million in the previous year[12]. - WLS Holdings Limited reported an audited consolidated loss attributable to shareholders of approximately HK$11.1 million for the year ended 30 April 2024[25]. - Minerva Group Holding Limited reported an audited consolidated loss attributable to shareholders of approximately HK$143.9 million for the financial year ended 31 December 2024[37]. - Minerva reported a significant net loss of approximately HK$143.9 million for the fiscal year ending December 31, 2024, primarily due to a 20.1% decline in the Hang Seng Composite Industry Index - Healthcare and extensive impairment of its loan portfolio[40][42]. Investment Portfolio - As of March 31, 2025, the Group's investment portfolio was valued at approximately HK$148.3 million, comprising listed equities, unlisted equities, and debt investments[19]. - The Group held HK$99.6 million in a portfolio of listed shares across 49 companies, HK$6.8 million in direct investments in unlisted equities, and HK$41.9 million in bonds issued by two listed companies and one unlisted company[19]. - The investment portfolio is carefully managed and diversified to minimize commercial risk from over-concentration in any single industry[20]. - The Group's principal activity is investment holding, with subsidiaries engaged in securities trading and investment holding[122]. - For the year ended March 31, 2025, the Group's turnover and results were primarily derived from interest income and dividend income from investment holding[123]. Business Strategy and Operations - The company is focusing on scaffolding, fitting out, and auxiliary services, as well as money lending and securities investment, amidst a complicated external environment due to geopolitical tensions and monetary tightening[26]. - WLS is reviewing its existing asset structure and business strategies to consolidate resources and prepare for future uncertainties[32]. - The company plans to enhance competitiveness by revitalizing the scaffolding business and focusing on higher profit margin segments like money lending operations[32]. - WLS's money lending business has generated stable income despite repayment difficulties, and the company is committed to improving collection procedures[30]. - The management believes that the construction and infrastructure sectors align with the Hong Kong Government's development plans, which may yield positive long-term returns[34]. - The corporate default rate globally increased to 1.91%, highlighting the impact of high interest rates and liquidity constraints[42][45]. - Loan defaults for government-backed loans to small and mid-sized enterprises in Hong Kong surged to HK$14.7 billion, while credit-impaired loans at Hang Seng Bank rose to HK$19.8 billion from HK$1.08 billion in 2023[38][40]. Risk Management and Financial Strategies - Minerva's financial strategies have been realigned to mitigate escalating credit risks and interest rate pressures, adopting a more prudent approach to recognize additional impairments[39][41]. - Despite challenges, Minerva's money lending and financial services operations provided consistent returns and modest growth, with a successful Nasdaq listing of a private equity investment via a de-SPAC transaction[42][45]. - Looking ahead to 2025, Minerva maintains cautious optimism for gradual stabilization in the Hong Kong and global economy, while remaining vigilant to potential credit default risks[43][45]. - The company aims to preserve shareholder value through rigorous risk management while seeking opportunities to diversify revenue and enhance returns[43][45]. Corporate Governance - The Company complied with the Corporate Governance Code throughout the year, with ongoing efforts to separate the roles of Chairman and CEO[100][101]. - The audit committee reviewed the consolidated results for the year, including accounting principles and practices adopted by the Company[102][104]. - The directors' emoluments are reviewed and recommended by the Remuneration Committee and fixed by the Board with shareholder authorization[179]. - The company has arranged appropriate insurance cover for directors' and officers' liabilities[165]. - The company has complied with the public float requirement of the Listing Rules for the year ended March 31, 2025[181]. Dividend Policy - The Directors do not recommend the payment of a dividend for the year ended March 31, 2025, consistent with the previous year where no dividend was paid[125]. - The board will consider various factors, including financial performance and capital requirements, when deciding on dividend payments[151]. - The company established a dividend policy in January 2019 to provide stable and sustainable returns to shareholders[150]. - The board retains the right to update or amend the dividend policy at any time[153]. Environmental and Social Responsibility - The Group has initiated paper recycling in offices to promote environmental protection and efficient resource utilization[192]. - The company emphasizes adherence to anti-corruption practices and core values of honesty, integrity, and fair play among employees[193]. - The company supports long-term community investment and encourages employee participation in volunteer work[196].

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。 （於開曼群島註冊成立之有限公司） （股份代號：1226） 資產淨值 香港，二零二五年七月十五日 於二零二五年六月三十日，本公司每股股份之未經審核綜合資產淨值約為 0.43港元。 CHINA INVESTMENT AND FINANCE GROUP LIMITED 中國投融資集團有限公 司 於本公佈日期，董事會由執行董事陳昌義先生，非執行董事吳祺先生，以及獨立 非執行董事陸東全先生、劉 曉茵女士 及韓亮先生 組成。 ...

CHINA INVESTMENT AND FINANCE GROUP LIMITED 中國投融資集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1226） （「本公司」） 提名委員會 （「委員會」）之 職權範圍 （於二零一二年三月三十日採納，並於二零一三年九月一日、 二零一八年十二月三十一日及二零二五年六月三十日修訂） 委員 秘書 5. 本公司之公司秘書須為委員會之秘書。若公司秘書缺席，其委派代表或由提 名委員會在會議上委任的人士，將可出席提名委員會會議及記錄會議紀錄。 會議次數及程序 1 1. 委員會須由不少於三名本公司董事會（「董事會」）委任之委員組成，大部份委 員須為本公司之獨立非執行董事（「獨立非執行董事」）。至少一名委員會成員 須為不同性別的本公司董事。 2. 委員會主席須由董事會委任。 3. 董事會可通過決議案撤銷委員會委員之委任，而董事會及委員會則可通過決 議案委任新委員暫代其職。 4. 委員會任何委員不可另行委任替代委員。 6. 委員會須每年舉行至少一次會議，並可按委員會之工作需要舉行額外會議。 7. 委員會主席可酌情決定召開額外會議。 8. 會議法定人數須為委員會兩名委員。 9. ...

Financial Performance - Total revenue for the year ended March 31, 2025, was HKD 6,538,000, an increase of 22.9% from HKD 5,318,000 in the previous year[4] - The net loss before tax for the year was HKD 5,475,000, a significant improvement compared to a loss of HKD 37,769,000 in the previous year, representing a reduction of 85.5%[4] - Basic and diluted loss per share improved to HKD 1.33 from HKD 9.15, reflecting a substantial decrease in losses[4] - The company reported a pre-tax loss of HKD 5,475,000 for 2025, a decrease from a loss of HKD 37,769,000 in 2024[27] - The net loss attributable to the company's owners was approximately HKD 5.5 million, a significant reduction from last year's loss of approximately HKD 37.8 million[31] Revenue and Income - The total proceeds from the sale of listed securities amounted to HKD 16,402,000, down 44.2% from HKD 29,770,000 in the previous year[4] - The interest income from debt investments measured at amortized cost increased to HKD 5,372,000 in 2025 from HKD 3,702,000 in 2024, representing a growth of 45.1%[18] - The group recorded total proceeds from the sale of listed equity securities of approximately HKD 16.4 million, a decrease of about 44.9% compared to last year's HKD 29.8 million[31] Assets and Liabilities - Non-current assets decreased to HKD 22,657,000 from HKD 39,121,000, a decline of 42.0%[5] - Current assets increased to HKD 138,086,000 from HKD 129,166,000, an increase of 6.9%[5] - The net asset value decreased to HKD 153,387,000 from HKD 158,862,000, a decline of 3.0%[5] - The group's audited consolidated net asset value as of March 31, 2025, was approximately HKD 153.4 million, down from HKD 158.9 million in 2024[31] - The group's debt-to-equity ratio was 4.3% as of March 31, 2025, compared to 3.9% in 2024, reflecting a low leverage level[60] Investments - The company reported a net unrealized loss of HKD 3,185,000 from listed equity investments, compared to a gain of HKD 13,201,000 in the previous year[4] - The fair value of listed equity investments in Hong Kong decreased to HKD 99,604,000 in 2025 from HKD 104,196,000 in 2024[28] - The group's investment portfolio was valued at approximately HKD 148.3 million, consisting of listed and unlisted securities and bonds[33] - Major investments included equity investments in Hui Long Holdings Limited valued at HKD 21.4 million (13.3% of total assets) and bond investments in Jin Hui Hong Kong Limited valued at HKD 17.3 million (10.8% of total assets)[34] Expenses - Administrative expenses decreased to HKD 5,941,000 from HKD 7,141,000, a reduction of 16.8%[4] - The total employee cost for the year was approximately HKD 400,000, a decrease from HKD 700,000 in 2024, primarily due to salary reductions for several employees[64] Dividends and Shareholder Returns - The company did not declare or propose any dividends for the year ending March 31, 2025, consistent with 2024[26] - The board does not recommend the payment of a final dividend for the year[58] Market Conditions and Strategy - The company plans to review its asset structure and business strategy to adapt to economic uncertainties and enhance competitiveness in the scaffolding business[37] - The group anticipates continued challenges and uncertainties in the global market, particularly in developed economies facing high inflation, while maintaining a focus on investment opportunities within the acceptable risk range in the Chinese economy[57] Other Information - The company has not reported any income tax credits for the year, maintaining a consistent tax position[4] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the year[63] - The group did not engage in any share buybacks, purchases, or sales of its own shares during the year[68]

Company Overview - China Investment Financing Group Limited is primarily engaged in securities trading business as a Hong Kong investment holding company [2] - The company's investment objective is to achieve capital appreciation or obtain interest and dividends by investing in listed or unlisted enterprises in mainland China [2] - Major subsidiaries include He An Investment Limited, Jia Yu Consulting Limited, China Investment Financing Limited, and Jetland Global Investments Limited [2] Financial Performance - As of September 30, 2024, the company achieved total operating revenue of 2.9921 million HKD, representing a year-on-year growth of 24.36% [1] - The net profit attributable to the parent company was -6.2819 million HKD, with a year-on-year increase of 74.85% [1] - The company's debt-to-asset ratio stands at 4.57% [1] Market Performance - As of June 17, the stock price closed at 0.98 HKD per share, marking an increase of 12.64% with a trading volume of 720,000 shares and a turnover of 684,400 HKD [1] - Over the past month, the stock has experienced a cumulative decline of 4.4%, and a year-to-date decline of 34.59%, underperforming the Hang Seng Index which has risen by 19.95% [1] Valuation Metrics - The company's price-to-earnings (P/E) ratio is -21.07, ranking 92nd in the industry [1] - The average P/E ratio for other financial sectors (TTM) is 26.76, with a median of -0.13 [1] - Comparatively, other financial companies have P/E ratios such as Oriental Huicai Securities at 1.93, China Merchants China Fund at 2.38, Hong Kong Credit at 3.49, Guoyin Financial Leasing at 3.82, and Weixin Jinke at 3.85 [1] Upcoming Events - The company is scheduled to disclose its annual report for the fiscal year 2024 on June 18, 2025 [3]

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。 CHINA INVESTMENT AND FINANCE GROUP LIMITED 中國投融資集團有限公 司 （於開曼群島註冊成立之有限公司） 香港，二零二五年六月十日 於二零二五年五月三十一日，本公司每股股份之未經審核綜合資產淨值約為 0.37港元。 於本公佈日期，董事會由執行董事陳昌義先生，非執行董事吳祺先生，以及獨立 非執行董事陸東全先生、劉 曉茵女士 及韓亮先生 組成。 （股份代號：1226） 資產淨值 ...

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。 CHINA INVESTMENT AND FINANCE GROUP LIMITED 中國投融資集團有限公 司 （於開曼群島註冊成立之有限公司） （股份代號：1226） 資產淨值 於二零二五年四月三十日，本公司每股股份之未經審核綜合資產淨值約為 0.35港元。 於本公佈日期，董事會由執行董事陳昌義先生，非執行董事吳祺先生，以及獨立 非執行董事陸東全先生、劉 曉茵女士 及韓亮先生 組成。 香港，二零二五年五月十五日 ...

港股中国投融资(01226.HK)盘中跌超32%，媒体报道中国投融资遭滴灌通刹停潜在合作，配售10亿及委 任李小加入局料作废。 ...

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。 CHINA INVESTMENT AND FINANCE GROUP LIMITED 中國投融資集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1226） 於本公佈日期，董事會由執行董事陳昌義先生，非執行董事吳祺先生，以及獨立非 執行董事陸東全先生、劉曉茵女士及韓亮先生組成。 內幕消息之更新 茲提述中國投融資集團有限公司日期為二零二五年五月九日之公佈。除另有界定外， 本公佈所用詞彙與上述日期為二零二五年五月九日之公佈所界定者具有相同涵義。 MCHKI已於二零二五年五月十二日通知本公司，潛在企業活動將不再進行。 董事會就本公司相關情況作出合理查詢後確認，除上文所披露者外，董事會並不 知悉根據證券及期貨條例第XIVA部須予披露的任何內幕消息。 承董事會命 中國投融資集團有限公司 執行董事 陳昌義 香港，二零二五年五月十二日 ...