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。 CHINA FIRST CAPITAL GROUP LIMITED 中國首控集團有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） 本 公 司 正 就 有 關 事 項 徵 詢 法 律 意 見。本 公 司 將 適 時 另 行 刊 發 公 告，以 通 知 其 股 東 及 投 資 者 有 關 新 呈 請 以 及 股 份 轉 讓 事 宜 的 任 何 重 大 發 展。 – 1 – 股 東 及 潛 在 投 資 者 於 買 賣 本 公 司 股 份 時 務 請 審 慎 行 事。 承董事會命 （股份代號：1269） 內幕消息 清盤呈請的最新情況 本 公 告 乃 由 中 國 首 控 集 團 有 限 公 司（「本公司」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證券上市規則第13.09條及第13.25條以及香港法例第571章證券及期貨條例 ...

CHINA FIRST CAPITAL GROUP LIMITED 中國首控集團有限公司 (Incorporated in the Cayman Islands with limited liability) 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 (Stock Code: 1269) （股份代號：1269） 3 September 2025 To Non-registered Holders Note 1 Dear Sir/Madam, Notes: 1. This letter is addressed to the non-registered holders of the Company. "Non-registered Holder" means such person or company whose listed securities are held in the Central Clearing and Settlement System and who has notified the Company from time to time through Hong Kong ...

中國首控集團有限公司 CHINA FIRST CAPITAL GROUP LIMITED If you would like to (i) receive the Current Corporate Communication in printed form or in a language other than your existing choice, and/or (ii) change your choice of means of receipt and/or language of future corporate communications of the Company (the "Corporate Communications") Note , please complete the enclosed change request form (the "Change Request Form") and sign and return it by mail or by hand to the Company c/o the Hong Kong branch share registrar ...

Business Segments - The Group operates in three main business segments: financial services, education management and consultation, and automotive parts[11]. - The education management segment primarily provides international high school curriculum and overseas study consultation services[11]. - The automotive parts business focuses on R&D, manufacturing, and sales of automobile absorbers[11]. Financial Services - The financial services segment is licensed for Type 1, Type 4, Type 6, and Type 9 regulated activities under the SFO, allowing it to provide a range of services including underwriting and asset management[13]. - The Group's financial services include investment portfolios management, investment consultation, and advisory services for IPO applicants[13]. - The Group has been admitted by the SFC as a sponsor under the SFO, enhancing its capabilities in the financial services sector[13]. - The Group aims to enhance its financial services business by leveraging diversified financial service licenses and a comprehensive financial service system, focusing on collaboration among investment banking, securities, asset management, and research units[27]. - The Group is committed to innovating business models and exploring new business opportunities to promote robust development in its financial services sector[27]. - The Group's financial services business benefits from Hong Kong's status as an international financial center, enhancing its role as a bridge between China and the global economy[26]. - The financial services business has obtained various licenses, indicating a strong regulatory compliance framework[13]. Automotive Parts Performance - The Group's automotive parts business continues to supply absorbers for major manufacturers such as SAIC Motor, Chery Automobile, Geely Auto, and Changan Automobile, while actively expanding into new markets[24]. - In the first half of 2025, approximately 15,621,000 automobiles were produced and approximately 15,653,000 automobiles were sold in China, representing a period-over-period increase of approximately 12.5% and 11.4% respectively[23]. - For new energy vehicles, approximately 6,968,000 vehicles were produced and approximately 6,937,000 vehicles were sold, accounting for approximately 44.3% of total automobile sales[23]. - Revenue from the automotive parts business rose by approximately 48.6% to approximately RMB1,232.5 million, while revenue from financial services decreased by approximately 46.7% to approximately RMB11.4 million[37]. - The Group's automotive parts business adheres to a principal operational idea focused on market development, quality control, R&D improvement, and management strengthening[24]. Education Management and Consultation - The Group's education management and consultation business operates the PGA international high school curriculum and provides overseas study consultation services across multiple cities in China[19]. - The Group emphasizes the localization of international curriculum and the integration of local curriculum to enhance students' performance and creative thinking[20]. - The Group has upgraded its overseas study consultation services to provide comprehensive support for students, including academic background and interview tutoring[21]. - The Group aims to develop customized overseas study products to meet the individual needs of students at different stages[31]. - The Group plans to leverage the PGA international curriculum brand to establish a new platform for international education services, focusing on international talent cultivation[31]. Financial Performance - The Group's overall revenue increased by approximately 45.1% to approximately RMB1,273.8 million for the six months ended June 30, 2025, compared to RMB877.6 million in the corresponding period of 2024[37]. - The Group's overall gross profit increased by approximately 190.1% to approximately RMB295.3 million, with automotive parts gross profit rising by approximately 223.6% to approximately RMB278.6 million[40]. - The overall gross profit margin increased by approximately 11.6 percentage points to approximately 23.2%[43]. - The Group recorded a loss of approximately RMB41.1 million, a decrease of approximately 83.3% compared to a loss of approximately RMB245.6 million in the same period of 2024[58]. - For the six months ended June 30, 2025, the Group reported a loss attributable to owners of the Company of RMB 74,665,000, compared to a loss of RMB 222,029,000 for the same period in 2024, representing a 66.5% improvement[194]. Costs and Expenses - The Group's overall cost of sales/services increased by approximately 26.1% to approximately RMB978.5 million, driven primarily by the increase in automotive parts sales[39]. - The Group's selling and distribution expenses rose by approximately 48.5% to approximately RMB67.7 million from approximately RMB45.6 million in the same period of 2024[50]. - The Group's administrative expenses increased by approximately 25.9% to approximately RMB92.8 million from approximately RMB73.7 million in the corresponding period of 2024[55]. - The Group's R&D expenditure increased by approximately 31.1% to approximately RMB46.4 million from approximately RMB35.4 million in the corresponding period of 2024[51]. Assets and Liabilities - The Group's total borrowings amounted to approximately RMB2,186.8 million, representing an increase of approximately 6.8% compared to approximately RMB2,047.2 million as of December 31, 2024[70]. - The Group's cash and bank balances amounted to approximately RMB177.2 million, representing an increase of approximately 20.2% compared to approximately RMB147.4 million as of December 31, 2024[65]. - The Group's inventories as of June 30, 2025, were approximately RMB472.2 million, representing an increase of approximately 233.0% compared to RMB141.8 million as of December 31, 2024[75]. - The trade receivables of the Group as of June 30, 2025, amounted to approximately RMB1,150.5 million, an increase of approximately 18.7% from RMB969.1 million as of December 31, 2024[76]. - The trade payables of the Group as of June 30, 2025, were approximately RMB1,401.6 million, reflecting an increase of approximately 46.0% compared to RMB959.7 million as of December 31, 2024[79]. Shareholder Information - The total number of Shares in issue as of June 30, 2025, is 1,848,000,000[10]. - The Directors' interests in shares include 163,765,800 shares held by a controlled corporation, representing approximately 8.86% of the total issued shares as of June 30, 2025[111]. - As of June 30, 2025, Wealth Max holds 163,765,800 shares, representing approximately 8.86% of the total issued shares[118]. - Chuang Yue holds 133,340,000 shares, accounting for approximately 7.215% of the total issued shares[118]. - The interests of Chuang Yue, Shenmane.D Co., Limited, Golden Cloud Co., Limited, and Mr. Liu Kun are related to the same parcel of shares[128]. Corporate Governance - The Company complied with the Corporate Governance Code for the six months ended June 30, 2025, with no material changes in governance practices compared to the 2024 annual report[150]. - The Company has adopted the Model Code for securities transactions by Directors, with all Directors confirming compliance for the six months ended June 30, 2025[152]. - The Company has established an audit committee to review and supervise its financial reporting process and internal control systems[175]. Legal and Restructuring - A winding-up petition was presented against the Company for bonds amounting to HK$10,000,000, with a hearing scheduled for September 22, 2025[171]. - Legal proceedings were initiated against the Company for HK$12,250,000, including interest and costs, as of May 21, 2024[173]. - The company has appointed a restructuring advisor to assist in formulating a debt restructuring plan, which includes cash repayments, refinancing, and debt reduction[180]. - The company is actively negotiating with potential investors to introduce new capital and improve cash flow[180].

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8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: 中國首控集團有限公司 呈交日期: 2025年9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) | 01269 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | 本月底法 ...

Core Viewpoint - The company reported significant revenue growth and improved gross profit, although it still faced a loss attributable to shareholders [1] Financial Performance - Revenue for the six months ending June 30, 2025, reached RMB 1.274 billion, representing a year-on-year increase of 45.2% [1] - Gross profit amounted to RMB 295 million, showing a substantial year-on-year increase of 190% [1] - Loss attributable to shareholders was RMB 74.665 million, a decrease from a loss of RMB 222 million in the same period last year [1] - Basic loss per share was RMB 0.04 [1] Business Segment - The increase in revenue was primarily driven by higher sales in the automotive parts business [1]

Core Viewpoint - The company reported a significant increase in revenue driven by the growth in the automotive parts business, despite a net loss that has decreased year-on-year [1] Financial Performance - Revenue for the six months ending June 30, 2025, reached RMB 1.274 billion, representing a year-on-year increase of 45.15% [1] - The loss attributable to shareholders was RMB 74.665 million, which is a reduction of 66.37% compared to the previous year [1] - Earnings per share stood at a loss of RMB 0.04 [1] Business Segment Analysis - The increase in revenue is primarily attributed to higher sales in the automotive parts segment [1]

Core Viewpoint - The company reported a significant increase in revenue driven by the growth in the automotive parts business, despite a net loss that has decreased year-on-year [1] Financial Performance - The company achieved revenue of RMB 1.274 billion, representing a year-on-year increase of 45.15% [1] - The loss attributable to shareholders was RMB 74.665 million, which is a reduction of 66.37% compared to the previous year [1] - The loss per share was RMB 0.04 [1] Business Segment Analysis - The increase in revenue was primarily attributed to higher sales in the automotive parts segment [1]

Business Segments - The Group operates in three main business segments: financial services, education management and consultation, and automotive parts[15]. - The financial services segment is licensed for Type 1, Type 4, Type 6, and Type 9 regulated activities, allowing it to provide a range of services including securities dealing, corporate finance advice, and asset management[17]. - The Group has established a comprehensive financial service system to offer differentiated and professional services to various entities[17]. - The education management and consultation business focuses on providing international high school curricula and overseas study consultation services[15]. - The automotive parts business is primarily engaged in the R&D, manufacturing, and sales of automobile absorbers[15]. Financial Services - The Group has been admitted as a sponsor under the SFO, enabling it to assist listing applicants in IPO processes[17]. - The financial services business includes underwriting and placing shares for listing applicants and listed companies[17]. - The Group's financial services include margin financing and investment consultation, enhancing its service offerings[17]. - The Group has obtained various financial service licenses, including securities trading, investment advice, and asset management, enhancing its diversified financial service system[18]. - The Group aims to enhance collaboration among its business units, including investment banking, securities, asset management, and research, to provide diversified and customized financial services[31]. - The Group has served as financial adviser for various major transactions, including those involving Shenghui Cleanness Group Holdings Limited and Jiu Rong Holdings Limited[21]. Automotive Parts Business - Approximately 15,621,000 automobiles were produced and approximately 15,653,000 automobiles were sold in China in the first half of 2025, representing increases of approximately 12.5% and 11.4% respectively[27]. - New energy vehicles accounted for approximately 44.3% of total automobile sales in the first half of 2025, with approximately 6,968,000 vehicles produced and 6,937,000 vehicles sold[27]. - The Group's automotive parts business continues to supply absorbers for major manufacturers such as SAIC Motor and Chery Automobile, while actively expanding into new markets[28]. - The Group's automotive parts business aims to achieve the vision of "Where there are Cars, there is Cijan," by consolidating existing markets and exploring new opportunities[28]. - The Group plans to leverage its established brand and technology strengths in the automotive parts business to improve customer satisfaction and develop competitive new products[37]. Education Management and Consultation - The Group emphasizes the development and integration of international and local curriculums in its education management and consultation business, enhancing students' performance[24]. - The Group has optimized its teacher composition and improved its teaching quality assurance system, focusing on bilingual education[24]. - In overseas study consultation services, the Group has developed specialized programs and upgraded its planning and guidance products to provide comprehensive support for students[25]. - The Group will develop overseas study products with customized options to meet the individual needs of students at different stages[35]. Financial Performance - The Group's overall revenue increased by approximately 45.1% to approximately RMB1,273.8 million for the six months ended June 30, 2025, compared to RMB877.6 million in the corresponding period of 2024[41]. - Revenue from the automotive parts business rose by approximately 48.6% to approximately RMB1,232.5 million from RMB829.4 million in the same period of 2024[41]. - Revenue from the financial services business decreased by approximately 46.7% to approximately RMB11.4 million from RMB21.4 million in the corresponding period of 2024[41]. - The Group's overall cost of sales/services increased by approximately 26.1% to approximately RMB978.5 million from RMB775.8 million in the corresponding period of 2024[43]. - Gross profit increased by approximately 190.1% to approximately RMB295.3 million from RMB101.8 million in the corresponding period of 2024[44]. - Gross profit from the automotive parts business increased by approximately 223.6% to approximately RMB278.6 million from RMB86.1 million in the corresponding period of 2024[44]. - The gross profit margin increased by approximately 11.6 percentage points to approximately 23.2% from approximately 11.6% in the corresponding period of 2024[47]. - The Group recorded a loss of approximately RMB 41.1 million, representing a decrease of approximately 83.3% compared to a loss of approximately RMB 245.6 million in the corresponding period of 2024[62]. Assets and Liabilities - As of June 30, 2025, the Group's cash and bank balances amounted to approximately RMB 177.2 million, representing an increase of approximately 20.2% compared to approximately RMB 147.4 million as of December 31, 2024[69]. - The Group's net current liabilities decreased by approximately 5.1% to approximately RMB 2,353.1 million as of June 30, 2025, from approximately RMB 2,478.9 million as of December 31, 2024[73]. - Total borrowings increased by approximately 6.8% to approximately RMB 2,186.8 million as of June 30, 2025, compared to approximately RMB 2,047.2 million as of December 31, 2024[74]. - The Group's inventories surged by approximately 233.0% to approximately RMB 472.2 million as of June 30, 2025, from approximately RMB 141.8 million as of December 31, 2024, mainly due to increased production in the automotive parts business[79]. - Trade receivables rose by approximately 18.7% to approximately RMB 1,150.5 million as of June 30, 2025, compared to approximately RMB 969.1 million as of December 31, 2024, driven by higher sales in the automotive parts sector[80]. - Trade payables increased by approximately 46.0% to approximately RMB 1,401.6 million as of June 30, 2025, from approximately RMB 959.7 million as of December 31, 2024, reflecting increased procurement in the automotive parts business[83]. Employee and Remuneration - As of June 30, 2025, the Group had 3,061 employees, an increase from 2,454 employees as of December 31, 2024[100]. - Total remuneration and welfare benefits expenses for the six months ended June 30, 2025, amounted to approximately RMB173.7 million, compared to approximately RMB123.4 million for the same period in 2024, reflecting a year-over-year increase of approximately 40.7%[100]. Corporate Governance and Compliance - The Company complied with the Corporate Governance Code for the six months ended June 30, 2025, with no material changes in governance practices compared to the 2024 annual report[153]. - All Directors complied with the Model Code for Securities Transactions for the six months ended June 30, 2025[155]. - The Company has maintained a consistent corporate governance standard with no significant deviations noted[157]. - The Board does not recommend the payment of an interim dividend for the six months ended 30 June 2025, consistent with the previous year where no dividend was paid[177][180]. Legal Proceedings - The Company has not been involved in any significant legal proceedings or arbitration during the reporting period, except for a winding-up petition related to bonds amounting to HK$10,000,000[170]. - A legal action was initiated against the Company for HK$12,250,000, including interest and costs, as of May 21, 2024[176]. - The hearing for the winding-up petition is scheduled for September 22, 2025, following a series of applications and hearings[174]. Debt Restructuring and Financial Position - The Group has implemented a preliminary debt restructuring plan, including cash repayment by installments, refinancing, debt capitalization, and debt reduction, to improve its financial position[183]. - From May 2025 to July 2025, borrowings of approximately RMB 351 million have been renewed or replaced by new financing upon maturity[183]. - The Group is actively negotiating with potential investors to introduce new capital and business opportunities to enhance cash flow[183]. - The Group has engaged a consultant to identify potential buyers for certain investments in which it holds non-controlling interests[190]. - The Group relocated its offices to more cost-effective spaces in Hong Kong and Shenzhen in April 2025[190].

Core Viewpoint - The company expects a significant reduction in pre-tax losses for the six months ending June 30, 2025, compared to the same period in 2024, primarily due to increased sales and gross profit in the automotive parts business and foreign exchange gains from the appreciation of the Renminbi [1] Financial Performance - The anticipated pre-tax loss for the six months ending June 30, 2025, is projected to be between RMB 10 million and RMB 80 million, a notable decrease from the pre-tax loss of approximately RMB 247 million for the six months ending June 30, 2024 [1] - The reduction in pre-tax loss is attributed to two main factors: an increase in sales and gross profit from the automotive parts business, and foreign exchange gains resulting from the appreciation of the Renminbi [1]