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，並明確表示概不就因本公告全部或 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。 RUICHANG INTERNATIONAL HOLDINGS LIMITED 瑞 昌 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：1334） 盈利警告 本公告乃瑞昌國際控股有限公司（「本公司」，連同其附屬公司統稱「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 (2) (a)條及香港法例 第571章證券及期貨條例第XIVA部項下內幕消息條文（ 定義見上市規則 ）而作出。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據對本 集團截至二零二五年六月三十日止六個月（「本期間」）之未經審核綜合管理賬目及 董事會現時可得資料所作之初步評估，本集團預計本期間錄得虧損淨額約人民幣 38百萬元，而截至二零二四年六月三十日止六個月則錄得純利約人民幣11.5百萬 元 ...

Core Viewpoint - 瑞昌国际控股将于2025年8月29日召开董事会会议，以考虑和批准截至2025年6月30日的中期业绩公告 [1] Group 1 - The board meeting will address the interim results announcement for the six months ending June 30, 2025 [1] - The meeting will also handle any other matters that may arise [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 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，並明確表示概不就因本公告全部或 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。 RUICHANG INTERNATIONAL HOLDINGS LIMITED 瑞 昌 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：1334） 香港，二零二五年八月十九日 於 本 公 告 日 期 ， 董 事 會 成 員 包 括 執 行 董 事 陸 波 先 生 、 陸 曉 靜 女 士 、 白 薇 女 士 、 邵松先生及吳瑞女士；以及獨立非執行董事鮑小豐先生、沈誠先生及蔣勵先生。 董事會會議召開日期 瑞昌國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，本公司將於 二 零 二 五 年 八 月 二 十 九 日（ 星 期 五 ）舉 行 董 事 會 會 議 ， 藉 以（ 其 中 包 括 ）考 慮 及 批准本公司及其附屬公司截至二零二五年六月三十日止六個月的中期業績公告及 其刊發，及處理任何其他事項。 ...

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7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: 瑞昌國際控股有限公司 呈交日期: 2025年8月5日 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 01334 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 500,000,000 | | 0 | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 500,000,000 | | 0 | | 500,000,000 | I. 法定/註冊股本變動 | 1. 股份 ...

于新任财务总监获委任前，公司董事会主席、行政总裁兼执行董事陆波先生将暂时承担及履行公司财务 总监职责。 瑞昌国际控股(01334)公布，付聪先生因其他工作及个人事业追求，已提请辞任公司财务总监及公司联 席公司秘书职务，自2025年7月31日起生效。 ...

于新任财务总监获委任前，公司董事会主席、行政总裁兼执行董事陆波先生将暂时承担及履行公司财务 总监职责。 智通财经APP讯，瑞昌国际控股(01334)公布，付聪先生因其他工作及个人事业追求，已提请辞任公司财 务总监及公司联席公司秘书职务，自2025年7月31日起生效。 ...

格隆汇7月31日丨瑞昌国际控股(01334.HK)公告，付聪因其他工作及个人事业追求，已提请辞任公司财 务总监及公司联席公司秘书职务，自2025年7月31日起生效。另一位联席公司秘书李忠成继续留任，并 担任公司唯一公司秘书。 ...

於新任財務總監獲委任前，本公司董事會主席、行政總裁兼執行董事陸波先生將 暫時承擔及履行本公司財務總監職責。有關陸波先生的履歷詳情，請參閱本公司 於 二 零 二 五 年 四 月 二 十 四 日 刊 發 的 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 的 年 報。 於付先生辭任後，另一位聯席公司秘書李忠成先生繼續留任，並擔任本公司唯一 公司秘書。 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，並明確表示概不就因本公告全部或 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。 RUICHANG INTERNATIONAL HOLDINGS LIMITED 瑞 昌 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：1334） （「本公司」） 聯席公司秘書兼財務總監辭任 瑞 昌 國 際 控 股 有 限 公 司（「 本 公 司 」）董 事（「 董 事 」）會（「 董 事 會 」）宣 佈 ， 付 聰 先 生 （「 付 先 生 」） ...

Group 1: Market Reactions - The announcement of a potential ceasefire between Israel and Iran led to a significant drop in oil prices, with WTI and Brent crude oil falling nearly 9% and over 7% respectively [1] - In the Asia-Pacific market, WTI crude futures initially dropped over 5%, and as of the report, both WTI and ICE Brent crude were down over 2% [1] - Gold prices also saw a decline of 0.3% amid the easing geopolitical tensions [1] Group 2: Stock Performance - Hong Kong oil and gas stocks experienced sharp declines, with Baikin Oil Services plunging nearly 30%, Shandong Molong down over 18%, and Sinopec Oilfield Services falling over 14% [2][3] - In the A-share market, oil and gas service stocks also faced significant losses, with companies like Beiken Energy and Zhun Oil shares hitting the daily limit down [4] Group 3: Geopolitical Context - Trump's unilateral announcement of a ceasefire was met with skepticism, as both Israel and Iran did not confirm the agreement, with Iran's foreign minister stating no ceasefire "agreement" had been reached [6][8] - The ongoing conflict continued despite the announcement, with reports of missile attacks from Iran towards Israel [6] - The situation in the Strait of Hormuz, a critical oil shipping route, was highlighted, with previous threats from Iran to close it, which could have led to oil prices soaring to $120-$130 per barrel [11]

Economic Outlook - In 2024, the global economy is expected to grow by 3.2%, lower than the 3.3% growth in 2023 and the 3.7% average growth in the first two decades of the 21st century[8] - China's GDP is projected to grow by 5.0% in 2024, contributing approximately 30% to global economic growth[8] - The average price of Brent crude oil in 2023 was $82.6 per barrel, a decrease of 18.3% compared to 2022, while the average price in 2024 is expected to be $80.8 per barrel, down 2.3% year-on-year[8] - The prices of most chemical products have declined throughout 2024, particularly in the second half of the year[8] Financial Performance - In 2024, the company achieved revenue of RMB 444.2 million, a decrease of 18.4% compared to RMB 544.1 million in 2023[10] - Gross profit for 2024 was RMB 143.0 million, down 25.3% from RMB 191.5 million in 2023[10] - Net profit for the year was RMB 10.3 million, a significant decline of 81.3% from RMB 55.2 million in 2023[10] - The company reported a 104.7% increase in revenue from sulfur recovery and volatile organic compound incineration equipment, rising from RMB 77.2 million in 2023 to RMB 158.1 million in 2024[16] - Revenue from catalytic cracking equipment decreased from RMB 319.3 million in 2023 to RMB 194.4 million in 2024, primarily due to delays in sales orders[17] - Revenue from process burners fell by 43.5%, from RMB 114.3 million in 2023 to RMB 64.6 million in 2024, due to the absence of large-scale orders[18] - Revenue from heat exchangers decreased by 18.8%, from RMB 33.4 million in 2023 to RMB 27.1 million in 2024, influenced by reduced market demand[19] Cost and Expenses - The company's sales cost decreased from RMB 352.6 million for the year ended December 31, 2023, to RMB 301.2 million for the year ended December 31, 2024, reflecting a reduction of approximately 14.6% due to fluctuations in market demand[21] - Gross profit fell by 25.3% from RMB 191.5 million in 2023 to RMB 143.0 million in 2024, with the gross margin decreasing by 3.0 percentage points to 32.2% due to intensified market competition[22] - Selling expenses rose from RMB 24.8 million in 2023 to RMB 27.4 million in 2024, attributed to an increase in the number of sales staff and higher salary levels[24] - General and administrative expenses increased from RMB 41.3 million in 2023 to RMB 50.4 million in 2024, mainly due to a rise in the number of management and administrative staff[25] - R&D expenses decreased from RMB 38.0 million in 2023 to RMB 31.6 million in 2024, primarily due to some engineers being reassigned to overseas sales contracts[26] Liquidity and Financial Position - Cash and cash equivalents amounted to RMB 129.9 million as of December 31, 2024, with the company relying on operating cash flow for its liquidity needs[31] - Total bank and other borrowings decreased by 13.7% from RMB 121.8 million as of December 31, 2023, to RMB 105.2 million as of December 31, 2024, due to repayments of bank loans[34] - The current ratio as of December 31, 2024, was 1.8, up from 1.6 as of December 31, 2023, indicating improved liquidity[36] - As of December 31, 2024, the company's debt-to-equity ratio decreased to 29.4% from 42.8% as of December 31, 2023, primarily due to the repayment of bank and other borrowings[37] - The company had no mortgaged assets as of December 31, 2024[38] Corporate Strategy and Development - The company plans to enhance its design and R&D capabilities to meet customer demands for energy conservation and emissions reduction[13] - A joint venture was established with Shanghai Lanrui Environmental Technology Co., Ltd. to focus on phosphorus pollution control and related waste treatment technologies[13] - The company is expanding its international market presence, having established an office in Dubai to enhance customer network and project opportunities in the Middle East[14] - The company plans to establish a joint venture with Shanghai Lanrui Environmental Energy Technology Co., Ltd. and Huangshan Ecological Environmental Group Co., Ltd., with an 80% stake in the joint venture[41] - The expected timeline for utilizing the net proceeds includes completion of production capacity expansion by June 30, 2026, and enhancement of R&D capabilities by December 31, 2025[48] Management and Governance - The company appointed Mr. Shao Song as Executive Director and Senior Vice President on March 15, 2023, responsible for sales, R&D, and major strategic decisions[54] - Ms. Wu Rui was appointed as Executive Director and Vice President (Administration) on March 15, 2023, overseeing corporate administration and strategic decision-making[55] - The company has a strong management team with over 20 years of experience in the industry, ensuring effective operational oversight and strategic direction[66] - The management team emphasizes the importance of independent oversight, with several independent non-executive directors appointed to provide independent judgment[59][60] - The company aims to leverage its experienced leadership to drive growth and improve financial performance in the coming years[67] Shareholder and Dividend Information - The company declared a final dividend of RMB 20,000,000, with a proposed dividend of RMB 0.04 per share, subject to shareholder approval[72] - For the fiscal year ending December 31, 2024, the company reported total available reserves of approximately RMB 865 million, of which RMB 200 million is proposed for the final dividend[79] - Revenue from the largest customer accounted for 23.9% of total revenue, while the top five customers contributed 52.3% of total revenue for the fiscal year ending December 31, 2024[89] Compliance and Risk Management - The company’s financial performance and position are subject to various risks, including reliance on government policies and the ability to secure new contracts[73] - The company has not violated any loan agreement terms that significantly impact its operations during the fiscal year ending December 31, 2024[84] - The company has established a comprehensive risk management and internal control system, including internal control environment, risk assessment, control activities, information communication, and monitoring mechanisms[181] - The board confirmed the effectiveness of the risk management and internal control systems, which aim to manage risks without completely eliminating them[180] Corporate Social Responsibility - The company made charitable donations of RMB 0.2 million during the fiscal year ending December 31, 2024, compared to none in the previous year[87] - The company has implemented anti-corruption measures and provides regular training to employees on relevant laws and policies[184] - The company has established a whistleblowing channel to encourage employees to report any misconduct related to corruption[184] Audit and Financial Reporting - The independent auditor's report confirms that the consolidated financial statements present a true and fair view of the group's financial position as of December 31, 2024[194] - The audit procedures included evaluating the impairment testing for trade receivables and contract assets, which was supported by existing evidence[198] - The board confirms its responsibility for preparing the financial statements for the year ending December 31, 2024, ensuring they reflect the company's financial position accurately[175]