Financial Performance - The company reported a net loss attributable to shareholders of approximately HKD 41.8 million for the six months ended September 30, 2025, compared to a loss of approximately HKD 24.4 million for the same period in 2024[4]. - Revenue from continuing operations decreased by approximately HKD 38.6 million or 19.3%, from about HKD 200 million to approximately HKD 161.4 million, primarily due to a downturn in the Chinese real estate market and reduced infrastructure investment[5]. - The gross profit from continuing operations fell by approximately HKD 24.5 million or 65.5%, from about HKD 37.5 million to approximately HKD 12.9 million, with the gross profit margin decreasing from approximately 18.7% to about 8.0%[7]. - The company recorded a loss before tax from continuing operations of approximately HKD 36 million, an increase of about HKD 12.9 million compared to approximately HKD 23.1 million for the same period in 2024[13]. - The company reported a total comprehensive loss attributable to owners of approximately HKD 52,400,000 for the interim period, compared to a comprehensive loss of about HKD 6,500,000 for the six months ended September 30, 2024[20]. - The company reported a net loss of HKD 41,774,000 for the six months ended September 30, 2025, compared to a loss of HKD 24,399,000 in the previous year[57]. - The company reported a loss from continuing operations of HKD 41,774,000 for the six months ended September 30, 2025, compared to a loss of HKD 22,009,000 for the same period in 2024, indicating an increase in losses of approximately 89%[82]. Income and Expenses - Other income recorded a net gain of approximately HKD 3.1 million during the period, compared to a net loss of approximately HKD 7.8 million for the same period in 2024[8]. - Financing costs decreased by approximately HKD 5.7 million or 45.8%, primarily due to the early redemption of corporate bonds during the period[11]. - The total employee costs for the six months ended September 30, 2025, amounted to HKD 12,563,000, a decrease of 5.7% from HKD 13,326,000 in the previous year[78]. - The company recognized an expected credit loss reversal of approximately HKD 3.9 million for trade receivables and warranty deposits during the period[17]. Assets and Liabilities - As of September 30, 2025, the group had total debts of approximately HKD 199,300,000, down from about HKD 226,000,000 as of March 31, 2025[21]. - The group's cash and cash equivalents amounted to approximately HKD 55,500,000 as of September 30, 2025, a decrease from about HKD 76,600,000 as of March 31, 2025[21]. - The total equity attributable to owners of the company decreased to HKD 845,495,000 as of September 30, 2025, from HKD 897,852,000 as of March 31, 2025[56]. - The company's current liabilities were HKD 369,677,000 as of September 30, 2025, down from HKD 421,160,000 as of March 31, 2025[55]. - The total amount of trade receivables, warranty receivables, and other receivables, along with prepayments, was HKD 763,261,000 as of September 30, 2025[101]. Investments and Acquisitions - The company acquired four industrial property units in Hong Kong for a total consideration of HKD 16.5 million, which will be leased out under operating leases[16]. - The company acquired four industrial building units in Hong Kong for a total consideration of HKD 16,500,000 on April 9, 2025[33]. - The company has no significant investments or capital asset plans as of September 30, 2025, aside from what has been disclosed[36]. - The company completed the sale of 65% of its subsidiary, Chengxin Finance, for a total consideration of HKD 32,500,000, effectively terminating its lending business[79]. Financial Ratios - The current ratio as of September 30, 2025, was 2.1, indicating sufficient financial resources, unchanged from March 31, 2025[21]. - The debt-to-equity ratio as of September 30, 2025, was 23.6%, down from 25.2% as of March 31, 2025[21]. Corporate Governance - The company has complied with all corporate governance codes as per the Hong Kong Stock Exchange listing rules during the interim period[38]. - The audit committee has reviewed the interim financial statements and confirmed compliance with applicable accounting standards and listing rules[48]. Future Outlook - The company is actively exploring other business areas and strategic investment opportunities to diversify revenue sources and enhance overall value amid challenging market conditions[37]. - The company remains cautiously optimistic about the long-term development prospects of its concrete business in Hainan, supported by ongoing infrastructure investments and large-scale development projects in the region[37]. Dividends - The company did not declare an interim dividend for the six-month period ending September 30, 2024[49]. - The company does not recommend the payment of an interim dividend for the current period, consistent with the previous year[80].

Core Viewpoint - 华盛国际控股预计在截至2025年9月30日的六个月内将面临不少于4100万港元的净亏损，较2024年同期的2440万港元亏损显著增加 [1] Financial Performance - The company anticipates a significant increase in net loss attributable to shareholders, primarily due to the sluggish real estate market and slowdown in construction activities in China, negatively impacting the concrete business [1] - Revenue is expected to decline by approximately 3860 million HKD or 19.3% compared to the corresponding period [1] Cost and Margin Pressure - Rising raw material costs and intensified price competition have continued to exert pressure on the company's gross margin, leading to a decrease of about 2450 million HKD in gross profit compared to the same period last year [1] - The share of losses from joint ventures increased by approximately 550 million HKD during the period [1] - Financing costs decreased by about 580 million HKD due to a reduction in total borrowing [1]

Core Viewpoint - The company anticipates a significant increase in net loss attributable to shareholders for the six months ending September 30, 2025, projected at no less than HKD 41 million, compared to approximately HKD 24.4 million for the corresponding period ending September 30, 2024 [1] Group 1: Financial Performance - The expected net loss for the current period is primarily attributed to the sluggish real estate market in the People's Republic of China and a slowdown in construction activities, negatively impacting the concrete business and leading to a decrease in demand for ready-mixed concrete products [1] - Revenue is expected to decline significantly by approximately HKD 38.6 million or 19.3% compared to the corresponding period [1] - The gross profit is projected to decrease by about HKD 24.5 million due to rising raw material costs and intensified price competition, which continue to exert pressure on the company's gross margin [1] Group 2: Other Factors - The company has experienced an increase in losses from joint ventures by approximately HKD 5.5 million during the current period [1] - Financing costs have decreased by about HKD 5.8 million compared to the corresponding period due to a reduction in total borrowing [1]

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，概不對因本公佈 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 Huasheng International Holding Limited 華盛國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1323） 董事會認為本公司擁有人於本期間應佔虧損淨額增加主要歸因於下列因素的 綜合影響： 盈利警告 本公佈乃華盛國際控股有限公司（「本公司」），連同其附屬公司，統稱為「本集 團」）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條及證 券及期貨條例（香港法例第571章）第XIVA部內幕消息條文（定義見上市規則） 而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投 資者，根據本公司現時可得資料及本集團截至二零二五年九月三十日止六個月 （「本期間」）未經審核綜合管理賬目之初步審閱，本集團預期將於本期間錄得 未經審核本公司擁有人應佔虧損淨額不少於41,000,000港元，而截至二零二四 年九月三十日止六個月（ ...

Core Viewpoint - The company, Huasheng International Holdings (01323.HK), announced that it will hold a board meeting on November 28, 2025, to approve its interim results for the six months ending September 30, 2025, and to consider the declaration of an interim dividend, if any [1]. Group 1 - The board meeting is scheduled for November 28, 2025 [1] - The meeting will focus on approving the interim results for the six months ending September 30, 2025 [1] - The company will also consider the declaration of an interim dividend during this meeting [1]

董事會會議召開日期 華盛國際控股有限公司（「本公司」）董事（「董 事」）會（「董事會」）宣佈，本 公司將於二零二五年十一月二十八日（星期五）舉行董事會會議，藉以（其中包括） 批准本公司及其附屬公司截至二零二五年九月三十日止六個月之中期業績公佈，並考 慮宣派中期股息（如有）。 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，概不對因本公佈全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Huasheng International Holding Limited 華盛國際控股有限公司 （於開曼群島註冊成立的有限公司） (Stock Code: 1323) 香港，二零二五年十一月十八日 於本公佈日期，執行董事為黃銘禧先生及江志強先生；非執行董事為李仁杰先生； 及 獨立非執行董事為郭錦添先生、曹炳昌先生及朱曉佳女士。 承董事會命 華盛國際控股有限公司 執行董事 黃銘禧 ...

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10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: 華盛國際控股有限公司 呈交日期: 2025年11月4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) | 01323 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | II. 已發行股份及/或庫存股份變動 | 1. 股份 ...

Group 1: New Lai Fu's Major Asset Restructuring - New Lai Fu (301323) has released a draft report for a major asset restructuring, proposing to acquire 100% equity of Jin Nan Magnetic Materials for a transaction price of 1.054 billion yuan, with 90% paid in shares and 10% in cash [1] - The acquisition is expected to enhance industrial synergy, particularly in micro-nano powder materials and functional composite materials, complementing Jin Nan's core technologies in micro-motor components [1] - The transaction will allow New Lai Fu to leverage Jin Nan's capabilities in permanent and soft magnetic materials, creating a competitive advantage in both civilian and industrial sectors [1] Group 2: New Lai Fu's Product Development - New Lai Fu's self-developed ultra-fine soft magnetic powder targets high-frequency applications above 1 MHz, with initial performance evaluations showing competitiveness with similar high-end products [2] - The integration of this ultra-fine soft magnetic powder with Jin Nan's existing production technology is expected to accelerate the commercialization of New Lai Fu's products and expand Jin Nan's market reach in high-frequency sectors [2] - New Lai Fu reported a revenue of 451 million yuan in the first half of the year, an increase of 8.27% year-on-year, while net profit attributable to shareholders decreased by 8.94% to 67 million yuan [2] Group 3: Autonomous Driving Testing in Shenzhen - Shenzhen's transportation authority has proposed a draft to support fully unmanned vehicle testing, allowing companies to conduct road tests and demonstrations in complex scenarios [3] - The draft lowers the application threshold for unmanned vehicle testing, increasing the number of vehicles allowed for initial applications and prioritizing unmanned cargo testing [3] - The regulations aim to simplify the application process for companies and encourage the development of autonomous driving technologies [3] Group 4: Growth of Autonomous Driving Sector - The autonomous driving testing landscape is expanding, with recent launches of fully unmanned taxi services in Shanghai and a new L4 autonomous driving route in Shenzhen [4] - Industry reports suggest that the regulatory framework for L3 autonomous driving is progressing, with a clear path for standardization and implementation expected between 2025 and 2027 [4] - This period is seen as a critical window for industry players to position themselves in the autonomous driving market [4] Group 5: Performance of Autonomous Driving Stocks - Over 100 stocks related to autonomous driving in the A-share market have seen an average increase of 29.28% this year, with six stocks doubling in price [5][6] - Chip Origin Technology has the highest stock price increase at 254.78%, focusing on high-performance automotive ADAS chips and advanced chip design solutions [6] - 49 autonomous driving concept stocks have been investigated by foreign institutions this year, indicating strong interest and potential investment in the sector [6]

Group 1: New Lai Fu's Major Asset Restructuring - New Lai Fu (301323) has released a draft report for a major asset restructuring, proposing to acquire 100% equity of Jin Nan Magnetic Materials for a total price of 1.054 billion yuan, with 90% paid in shares and 10% in cash [1] - The company plans to issue shares to no more than 35 specific investors to raise supporting funds for the acquisition [1] Group 2: Strategic Impact of the Acquisition - The acquisition of Jin Nan Magnetic Materials is expected to enhance New Lai Fu's industrial layout, creating synergies in micro-nano powder material preparation and functional composite material processing [3] - In permanent magnetic materials, the acquisition will establish a competitive advantage through a "civil + industrial dual-drive" strategy, while in soft magnetic materials, the collaboration is anticipated to accelerate the industrialization of New Lai Fu's self-developed ultra-fine soft magnetic powder [3] Group 3: Financial Performance and Market Expansion - New Lai Fu's half-year report indicates a revenue of 451 million yuan, an increase of 8.27% year-on-year, while the net profit attributable to shareholders decreased by 8.94% to 67 million yuan [4] - The self-developed ultra-fine soft magnetic powder targets high-frequency applications above 1 MHz, with performance comparable to high-end products, which will expand Jin Nan's product applications in new energy vehicles, 5G base stations, AI servers, and supercomputing [4] Group 4: Developments in Autonomous Driving - Shenzhen has announced support for fully unmanned vehicle testing, allowing companies to conduct road tests and demonstrations in complex scenarios, which is expected to attract domestic enterprises to conduct unmanned testing activities [5] - The regulatory framework for autonomous driving is evolving, with a clear path for L3 autonomous driving approval anticipated post-2026, indicating a critical window for industry chain layout [6] Group 5: Stock Performance in Autonomous Driving Sector - Over 100 autonomous driving concept stocks in A-shares have seen an average increase of 29.28% this year, with six stocks doubling in price, including Chip Origin Technology, which has surged by 254.78% [7][8] - Notable companies like GAC Group and Huadian Technology are actively pursuing advancements in intelligent driving technology and AI applications, with GAC Group's "Smart Travel 2027" action plan focusing on mass production of autonomous driving technology [7]

Core Viewpoint - New Life (新莱福) has announced a significant asset restructuring plan involving the acquisition of 100% equity in Jin Nan Magnetic Materials (金南磁材) through a combination of share issuance and cash payment, marking a major step in the company's growth strategy [2][5]. Group 1: Transaction Details - The company plans to issue shares and pay cash to acquire Jin Nan Magnetic Materials from Saint Ci Technology, Guangzhou Easy Up, Huazhong Assets, and Guangzhou Jincheng Lai, with the total transaction value set at 1.054 billion yuan [2][3]. - The share issuance price is determined at 33.98 yuan per share, resulting in the issuance of 27,916,420 shares [2]. - The transaction is expected to constitute a major asset restructuring, with the company also planning to raise supporting funds from up to 35 specific investors [2][3]. Group 2: Company Background - Jin Nan Magnetic Materials, established in 2009, specializes in the R&D, production, and sales of permanent magnetic materials and precision alloy components, recognized as a national high-tech enterprise [5]. - The controlling party of the transaction, Saint Ci Technology, is significantly owned by Wang Xiaoming, the actual controller of New Life, indicating that this transaction is an affiliated transaction [5][9]. Group 3: Financial Performance - As of the evaluation benchmark date of April 30, 2025, the total equity of Jin Nan Magnetic Materials is assessed at approximately 1.0545988 billion yuan, with an appraisal increment rate of 79.09% [9]. - The performance commitment for Jin Nan Magnetic Materials includes net profits of no less than 81.57 million yuan, 88.69 million yuan, and 94.14 million yuan for the years 2025, 2026, and 2027, respectively [9]. - New Life reported a revenue of 886 million yuan for 2024, a year-on-year increase of 14.94%, and a net profit of 145 million yuan, reflecting a growth of 5.17% [12]. Group 4: Strategic Implications - The acquisition aims to achieve strategic expansion and deep integration of the supply chain, enhancing the company's core competitiveness in the functional materials sector [13]. - New Life intends to leverage the technological strengths of Jin Nan Magnetic Materials to foster collaboration in the permanent magnet materials industry, potentially creating a dual-driven competitive advantage [12][13].