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。 SITC International Holdings Company Limited 1308 須予披露交易 建造集裝箱船舶 建造集裝箱船舶 於二零二六年三月二十六日，海豐船東行使與造船商所訂立造船期權合約項 下建造另外六艘船舶的期權，總代價為 136,800,000 美 元（相等於 1,073,880,000港元）。 上市規則的涵義 由於根據上市規則第14.07條，根據造船期權合約建造另外六艘船舶，若與 根據造船合約建造四艘船舶合併計算，相關最高適用百分比率高於5%但低 於25%，故根據造船期權合約建造六艘船舶構成本公司一項須予披露交易， 並須遵守上市規則第十四章的申報及公告規定。 建造集裝箱船舶 於二零二五年十二月二十六日，海豐船東與造船商訂立造船合約。此外，造船 商已授予海豐船東額外建造合共六艘船舶的期權。 於二零二六年三月二十六日，海豐船東行使與造船商所訂立造船期權合約項下 建造另外六艘船舶的 ...

2025 環 境、社會及管治報告 股份代號：1308 （於開曼群島註冊成立的有限公司） 海豐國際2025年環境、 社會及管治報告 本報告本著客觀、規範、透明、全面的原則，披露公司 環境 、社會和管治（「ESG」）方面的信息 。報告旨在就公 司可持續發展的理念、具體行動和績效與利益相關方進行 坦誠溝通，系統響應各方關注的可持續發展議題。 報告範圍及週期 本報告時間範圍為二零二五年一月一日至二零二五年十二 月三十一日，與財務報告期一致。為增強報告系統性， 部分內容適當追溯過往年份，而報告界限與截至二零二四 年十二月三十一日止財政年度相比並無重大變動。 | 目錄 | 關於本報告 | 2 | | --- | --- | --- | | | 關於海豐國際 | 3 | | | 榮譽及獎勵 | 7 | | | 董事長的話 | 9 | | | 董事會關於環境、社會及 | | | | 管治事項的聲明 | 10 | | | 公司治理 | 11 | | | 責任運營 | 35 | | | 節能環保 | 65 | | | 和諧發展 | 123 | | | 展望 | 171 | | | 附錄一：獨立核實聲明 | 172 | | | 附 ...

SITC International Holdings Company Limited | | 普通決議案 | 贊成 | 反對 | | --- | --- | --- | --- | | 1. | 接納截至二零二五年十二月三十一日止年度經審核綜合財務報表及本 公司董事（「董事」）會報告與核數師報告。 | | | | 2. | 宣派截至二零二五年十二月三十一日止年度的末期股息每股1.00港 | | | | | 元。 | | | | 3. | 重選劉克誠先生為執行董事。 | | | | 4. | 重選楊馨女士為非執行董事。 | | | | 5. | 重選謝少毅先生為獨立非執行董事。 | | | | 6. | 重選廖家瑩博士為獨立非執行董事。 | | | | 7. | 重選胡曼恬博士為獨立非執行董事。 | | | | 8. | 授權董事會釐定各董事的酬金。 | | | | 9. | 續聘安永會計師事務所為本公司核數師並授權董事會釐定其酬金。 | | | | 10. | 授予董事一般授權，以回購不超過於本決議案獲通過當日本公司的已 | | | | | 發行股份總數（不包括庫存股份）5%的本公司股份。 | | | | ...

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通告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本通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。 SITC International Holdings Company Limited 1308 8. 授權董事會釐定各董事的酬金。 9. 續聘安永會計師事務所為核數師並授權董事會釐定其酬金。 作為普通事項：- — 1 — 1. 接納本公司截至二零二五年十二月三十一日止年度的經審核綜合財務報表、本 公司董事（「董事」）會（「董事會」）報告與核數師報告。 2. 宣派截至二零二五年十二月三十一日止年度的末期股息每股1.00港元。 3. 重選劉克誠先生為執行董事。 4. 重選楊馨女士為非執行董事。 5. 重選謝少毅先生為獨立非執行董事。 6. 重選廖家瑩博士為獨立非執行董事。 7. 重選胡曼恬博士為獨立非執行董事。 作為額外普通事項，考慮及酌情通過（不論會否作出修訂）下列議案為普通決議 案： 10. 「動議： 「有關期間」指由本決議案通過之時起至下列任何一項（取最早者）的期 間： — 2 — 股東週年大會通告 ...

此乃要件 請即處理 閣下對本通函任何方面或應採取之行動如有任何疑問，應諮詢股票經紀或其他持牌證券交易 商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有海豐國際控股有限公司之股份，應立即將本通函連同隨附之代表 委任表格交予買主或承讓人、或經手買賣或轉讓之銀行、股票經紀或其他代理人，以便轉交買 主或承讓人。 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通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對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。 SITC International Holdings Company Limited 1308 (1)建議重選退任董事； (2)建議授出回購股份及發行股份之一般授權； 及 (3)股東週年大會通告 海豐國際控股有限公司謹訂於二零二六年四月二十日（星期一）上午九時三十分假座香港灣仔港 灣道4號灣景國際酒店宴會廳2樓舉行股東週年大會，大會通告載於本通函第15頁至第19頁。隨 函亦附奉股東週年大會適用之代表委任表格，此代表委任表格亦刊載於香港交易及結算所有限 公司之網站(http:/ ...

Annual Report 2025 年 報 股份代號：1308 （於開曼群島註冊成立的有限公司） Stock Code: 1308 (Incorporated in the Cayman Islands with limited liability) 2025 ANNUAL REPORT 二零二五年 1 2025 年年報 2 公司基本情況 3 公司資料 5 財務及營運摘要 7 二零二五年重要里程碑 9 主席報告書 12 管理層討論及分析 17 董事及高層管理人員 21 董事會報告 42 企業管治報告 54 獨立核數師報告 59 綜合損益及其他全面收益表 61 綜合財務狀況表 63 綜合權益變動表 65 綜合現金流量表 68 財務報表附註 146 五年財務概要 公司基本情況 海豐國際控股有限公司（「本公司」或「海豐國際」或「我們」）是一家亞洲區領先的航運物流集團公司 ，提供綜合運輸及物流 解決方案。於二零二五年十二月三十一日，我們按運力計在全球集裝箱航運企業中排名第14。我們專注於服務亞洲區貿 易市場，根據Drewry Maritime Services (Asia) Pte Ltd（一家獨立行業顧問）的資料 ...

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: 海豐國際控股有限公司 呈交日期: 2026年3月18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) | 01308 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法定/註冊股 ...

Group 1 - The report highlights the potential decline in efficiency and effective capacity loss if the Middle East conflict persists, with adjustments in shipping routes from the Middle East/Indian subcontinent [1] - Following a significant decrease in traffic through the Strait of Hormuz, many shipping companies have ceased pickups to the Persian Gulf, with alternative routes including detours around Africa's Cape of Good Hope to ports in the Red Sea, such as Jeddah in Saudi Arabia, followed by land transport into Gulf countries [1] - There is a concern about potential congestion at transshipment ports, as goods originally destined for the Persian Gulf may be redirected to international transshipment ports, with a focus on monitoring congestion at ports like Singapore and Port Klang, and the subsequent impact on capacity [1] Group 2 - The land transportation and shipping operations may be affected by fuel supply issues, with the report indicating that if oil and refined product trade from the Middle East continues to be disrupted, countries with high import dependence may experience rising gasoline and diesel prices or supply constraints, impacting land transport systems [1] - The potential shortage of marine fuel could lead to reduced speeds for vessels, and in such scenarios, global demand may also face a decline [1] - The report expresses a positive outlook on leading global companies such as COSCO Shipping Holdings, regional leader Seaspan Corporation, and companies benefiting from container ship leasing like Sinotrans Limited, due to their strong balance sheets and dividend yields [1]

Company and Industry Summary Company: 海丰国际 (HMM International) Key Industry Insights - **Fuel Cost Transmission and Profitability**: The company's fleet fuel consumption is 20%-30% lower than the industry average, allowing for full cost pass-through under stable supply-demand conditions. Recent fuel price increases (some exceeding $1,000) have resulted in excess profits [2][6]. - **Freight Rate Trends and Catalysts**: Freight rates on the India route have increased by approximately $500, with Southeast Asia routes expected to adjust prices as cargo volumes recover. Potential congestion in Middle Eastern ports could lead to freight rates exceeding those of the same period in 2025 [2][5]. - **Differentiated Competitive Advantage**: The company focuses on high-frequency, high-density services in Asia, avoiding commoditized competition by utilizing non-core ports. The goal is to outperform market indices and peers without resorting to harmful price cuts by 2025 [2][9]. Financial and Operational Highlights - **Capacity and Capital Expenditure**: The company has ordered 22 new ships (with an option for 10 more), with a delivery peak expected in 2027-28 (approximately 24 ships). Total capital expenditure from 2026 to 2029 is projected to be around $1.15 billion, with ample cash flow and no bank debt [2][13]. - **Shareholder Return Expectations**: The company maintains a 70% regular dividend payout ratio and has the capacity to issue special dividends due to a lack of significant investments and sufficient cash reserves [2][7]. Strategic Responses to Market Conditions - **Counter-Cyclical Expansion Strategy**: The company plans to expand during industry downturns, focusing on increasing density in Southeast Asia routes and replacing leased ships with owned vessels to continuously reduce costs [3][8]. - **Impact of Middle Eastern Situation**: The current geopolitical situation has led to stable cargo volumes and freight rates, with the company considering fuel surcharges and rate increases to manage cost fluctuations [4][8]. Future Outlook and Plans - **New Ship Delivery and Capital Expenditure Plans**: The delivery schedule includes 2 ships in 2026, 11 in 2027, and 13 in 2028, with capital expenditures of approximately $250 million in 2026, $350 million in 2027 and 2028, and $200 million in 2029 [13]. - **New Route Planning**: The focus for new routes will be on increasing density in existing routes, particularly in Southeast Asia, while being cautious about entering new markets due to high leasing costs [14][15]. - **Cash Management and Future Investments**: The company holds significant cash reserves for future capital expenditures and strategic opportunities during industry downturns, emphasizing a conservative approach to expansion [16]. Additional Considerations - **Operational Efficiency**: The company leverages its land-sea integrated business model to maintain operational efficiency during port congestion, adapting routes as necessary to mitigate delays [12]. - **Cost Control Measures**: Future cost control will rely on fleet optimization and operational efficiency improvements, with a focus on maintaining low costs through strategic cargo management [11]. This summary encapsulates the key points from the conference call, highlighting the company's strategic positioning, financial health, and market outlook.

Investment Rating - The investment rating for the company is "Buy" with a target price of HKD 41.60 [7][5]. Core Views - The company reported a total revenue of USD 3.41 billion for 2025, representing a year-on-year growth of 11.6%, and a net profit of USD 1.22 billion, up 18.9%, exceeding expectations [1][2]. - The ongoing geopolitical tensions in the Middle East are expected to significantly impact global trade supply chains, leading to a potential surge in shipping rates, which could enhance the company's profitability in the short term [1][3]. - The company is well-positioned to benefit from the restructuring of global supply chains, particularly in the Asian market, with a focus on increasing demand for container shipping [4]. Summary by Sections Financial Performance - For 2025, the company achieved a single box revenue of USD 753 per standard container, a 4.5% increase year-on-year, with a total container volume of 3.85 million standard containers, up 7.8% [2]. - The company's gross margin, net margin, and return on equity (ROE) were 38.4%, 35.8%, and 49.3%, respectively, reflecting improvements of 1.0, 2.2, and 6.6 percentage points year-on-year [2]. Market Outlook - The escalation of tensions in the Middle East has increased risks in key maritime routes, leading to shipping companies suspending operations in affected areas, which is expected to drive shipping rates higher [3]. - The supply-demand dynamics in the Asian market are favorable, with demand for small to medium-sized vessels expected to outpace supply growth in the coming years [4]. Earnings Forecast - The earnings forecast for 2026 has been revised upwards, with net profit expectations increased by 14% to USD 1.03 billion, and a new forecast for 2028 set at USD 1.08 billion [5]. - The company maintains a dividend payout ratio assumption of 70% for 2026-2028, reflecting a strong commitment to returning value to shareholders [5].