Lever Style Corporation (the "Company") Notification of publication of annual report and circular dated 17 March 2026 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications (Note) are available on the Company's website at https://www.leverstyle.com and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respectively (the "Website Version"). The Company strongly recommends you to access the Websit ...

利華控股集團 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限責任公司） Note: Corporate Communications include any document(s) issued or to be issued by the Company for the information or action of holders of any of its securities or the investing public, including but not limited to (a) the directors' report and its annual accounts together with a copy of the auditors' report and, where applicable, its summary financial report; (b) the interim report and, where applicable, its summary interim ...

此乃要件 請即處理 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。 閣下對本通函任何方面或所應採取之行動如有任何疑問，應諮詢股票經紀或其他註冊證券商、銀 行經理、律師、專業會計師或其他專業顧問。 閣下如已售出全部名下之利華控股集團股份，應立即將本通函交予買主，或送交經手買賣之銀 行、股票經紀或其他代理商，以便轉交買主。 Lever Style Corporation （於開曼群島註冊成立的有限責任公司） （股份代號：1346） 利華控股集 團 購回及發行股份之一般授權； 重選董事； 及 股東週年大會通告 – i – | 釋義 | | 1 | | --- | --- | --- | | | 董事會函件 | 3 | | 附錄一 — | 說明函件 | 7 | | 附錄二 — | 重選董事之詳情 | 10 | | 股東週年大會通告 | | 13 | 釋 義 利華控股集團（「本公司」）謹訂於二零二六年四月九日（星期四）下午二時正假座香港金鐘金 鐘道95號統一中心 ...

簽署附註6及7： 日期： Lever Style Corporation 利華控股集 團 （於開曼群島註冊成立的有限責任公司） （股份代號：1346） 二零二六年股東週年大會適用之代表委任表格 本人╱吾等附註1 | 地址為 | | | --- | --- | | 為利華控股集團（「本公司」）股本中每股面值0.01港元股份共附註2 | 股之登記持有人， | | 茲委任本公司股東週年大會（「股東週年大會」）主席或附註3 | | | 地址為 | | 為本人╱吾等之代表，代表本人╱吾等出席謹訂於二零二六年四月九日（星期四）下午二時正假座香港金鐘金鐘道95號統一中心 5樓舉行之股東週年大會（及其任何續會），以就下列決議案代本人╱吾等投票（倘無作出指示，則由本人╱吾等之代表自行酌情 投票）： | | 普通決議案 | 贊成附註4 | 反對附註4 | | --- | --- | --- | --- | | 1. | 省覽截至二零二五年十二月三十一日止年度之經審核財務報表及董事會 | | | | | 報告與核數師報告。 | | | | 2. | 宣派本公司截至二零二五年十二月三十一日止年度之每股面值為0.01港元 | | | ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本通告之內容概 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 本 通 告 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。 Lever Style Corporation 6. 作為特別事項，考 慮 並 酌 情 通 過 下 列 決 議 案 作 為 普 通 決 議 案： 「動 議： 利華控股集 團 （於開曼群島註冊成立的有限責任公司） （股份代號：1346） 二零二六年股東週年大會通告 茲通告 利 華 控 股 集 團（「本公司」）謹 訂 於 二 零 二 六 年 四 月 九 日（星 期 四）下 午 二 時 正假座香港金鐘金鐘道95號統一中心5樓通過現場及電子方式舉行股東週年大 會（「股東週年大會」），屆 時 將 討 論 下 列 事 項： – 1 – 1. 省覽截至二零二五年十二月三十一日止年度之經審核財務報表及董事會 報 告 與 核 數 師 報 告。 2. 宣派本公司截至二零二五年十二月三十一日止年度之每股面值為0.01港 元 之普通股7.0港 仙 之 末 期 股 息。 ...

Financial Performance - Revenue for the fiscal year 2025 decreased by 10.2% to $200.2 million, primarily due to strict credit risk management for two major clients, resulting in a revenue reduction of $27.2 million[8]. - Net profit for fiscal year 2025 declined by 7.4% to $15.9 million, breaking a three-year record of profitability, although the net profit margin reached a historic high of 7.9%[9]. - The company maintained zero bad debts and achieved a net cash position of $41.5 million by the end of fiscal year 2025, an increase from $34.1 million in the previous year, despite paying $8.1 million in dividends[9]. - Revenue decreased by 10.2% from $222.9 million in 2024 to $200.2 million in 2025 due to a deliberate reduction in business volume with certain clients to mitigate financial risks[17]. - Cost of sales decreased by 10.2% from $159.4 million in 2024 to $143.1 million in 2025, maintaining a consistent percentage of 71.5% of total revenue for both years[18]. - Gross profit declined by 10.2% from $63.5 million in 2024 to $57.0 million in 2025, with a stable gross margin of 28.5% for both years[19]. - Net profit for 2025 was $15.9 million, a decrease of 7.4% from $17.1 million in 2024, with a net profit margin of 7.9%[20]. - Cash and cash equivalents increased to $41.5 million in 2025 from $34.1 million in 2024, marking a historical high with no outstanding borrowings[23]. - Current assets net value rose to $62.6 million in 2025, up from $57.3 million in 2024, with a current ratio of 2.7 times[23]. - The company maintains a debt-to-equity ratio of 0% as of December 31, 2025, due to no bank borrowings[24]. Acquisitions and Strategic Initiatives - The company announced its largest acquisition to date, acquiring certain assets and businesses of Active Apparel Group (AAG), a leader in the sports apparel sector, to enhance its capabilities in this fast-growing market[11]. - The acquisition of AAG is expected to complement the company's existing strengths in fashion and provide a solid foundation for gaining new sports apparel customers[11]. - The company plans to leverage AAG's customer base for cross-selling opportunities and to increase operational leverage[11]. - The acquisition of AAG is expected to reflect positively in the company's 2026 performance, enhancing its capabilities in the activewear market[12]. - The company is exploring additional strategic acquisition opportunities to strengthen its product portfolio and expand production bases[12]. Operational Resilience and Efficiency - The company achieved a positive performance despite the challenging tariff environment, with the remaining customer portfolio excluding the two major clients showing growth[10]. - The company’s business model demonstrated resilience, maintaining operational efficiency and strict cost control during a challenging fiscal year[9]. - The company’s proactive credit risk management allowed it to navigate the challenging fiscal year successfully[9]. - A digital marketplace platform has been launched, with over 35 factories participating, significantly improving order processing efficiency[14]. Corporate Governance - The board consists of three executive directors and four independent non-executive directors, ensuring a balance of skills and knowledge[39]. - The company has complied with all provisions of the corporate governance code since its listing on November 13, 2019[37]. - The board has established a diversity policy aimed at ensuring a balanced mix of skills, experience, and perspectives among its members to enhance corporate governance and board effectiveness[47]. - The board aims to appoint two additional female directors to achieve gender diversity, currently having one female director[48]. - The audit committee, consisting of four independent non-executive directors, held three meetings during the year to oversee financial reporting, risk management, and internal control systems[51]. - The remuneration committee, with five members, reviewed the company's remuneration policies and structures, holding two meetings during the year[54]. - The nomination committee, comprising five members, is responsible for reviewing board composition and establishing policies for the nomination and appointment of directors[55]. - The company has established an Environmental, Social, and Governance (ESG) committee to guide sustainable development strategies and ensure compliance with applicable laws and international standards[57]. - The board conducts regular meetings at least four times a year to discuss financial performance and strategic development[59]. - The audit committee is tasked with reviewing external auditor appointments and ensuring their independence[52]. Risk Management - The company has established a risk management framework involving the board, audit committee, and senior management to oversee risk management and internal control systems[75]. - The company has implemented procedures to identify and manage risks, with senior management assessing significant risks at least annually[75]. - The internal audit reports and enterprise risk assessment reports are submitted to the audit committee and board at least annually, ensuring continuous oversight of risk management[78]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to sustainable development and social responsibility, as outlined in its Environmental, Social, and Governance (ESG) report[93]. - The ESG report covers the group's environmental and social performance from January 1, 2025, to December 31, 2025, focusing on key performance indicators based on operations in Shenzhen, China[94]. - The ESG report is prepared in accordance with the Hong Kong Stock Exchange's Listing Rules Appendix C2, which outlines the Environmental, Social, and Governance Reporting Code[95]. - The ESG committee was established last year to ensure effective ESG risk management and internal control systems, enhancing the group's commitment to ESG governance[98]. - A third-party ESG professional was appointed to manage the company's ESG performance and identify significant issues for stakeholders[98]. - The group actively engages with stakeholders through various channels, including meetings, announcements, and emails, to understand their expectations regarding ESG[100]. - A comprehensive materiality assessment was conducted this year to identify significant ESG issues, involving identification, prioritization, validation, and review[105]. - The assessment results indicate that environmental, community, and social issues are of high importance to stakeholders, with specific focus areas identified[106]. - The group aims to incorporate sustainable development strategies into its business practices based on stakeholder feedback[100]. - The ESG committee is responsible for monitoring stakeholder communication channels to ensure their views and expectations are met[98]. Climate Change and Sustainability - The company is integrating climate-related risks into its governance framework, with the board overseeing sustainability policies and strategies[116]. - The ESG committee is responsible for identifying potential climate risks and developing actionable climate action plans[118]. - The company is conducting a comprehensive climate scenario analysis for the first time in FY2025, assessing both physical and transition risks[119]. - The company is committed to enhancing its resilience to climate change and optimizing its risk assessment processes[119]. - The company is aligning its climate scenario analysis with China's "dual carbon" strategy and industry characteristics[119]. - The company recognizes substantial risks from climate change, including acute risks from extreme weather events and chronic risks from long-term climate pattern changes[120]. - Transition risks related to moving towards a low-carbon economy may involve regulatory adjustments and market changes, impacting the company's operations[120]. - The company has identified key climate-related risks and opportunities, with a focus on integrating climate measures into daily operations without allocating specific funds for climate-related risks[123]. - The assessment indicates that extreme weather events pose a medium to high risk in the short term and very high risk in the long term, particularly under SSP 5-8.5 scenarios[124]. - Changes in precipitation patterns are also assessed as medium to high risk in the short term and very high risk in the long term, affecting operational efficiency[124]. - The company plans to enhance internal data integration systems and scenario simulation capabilities to improve quantitative disclosures related to climate risks[123]. - The financial impact of acute risks includes potential revenue loss from delayed or canceled orders due to extreme weather, leading to increased costs[129]. - Chronic risks from changing precipitation patterns may result in increased capital expenditures for infrastructure upgrades and higher operational costs due to rising raw material prices[129]. - The company aims to optimize operational energy efficiency and expand its sustainable product offerings as part of its strategic response to climate-related opportunities[126]. - The company commits to disclosing quantitative impacts on financial conditions and operational performance if significant adjustments to its operational strategy are made[123]. - The company has received certification from the Science Based Targets initiative (SBTi) in 2023, aligning its emissions reduction goals with the Paris Agreement[139]. - The company aims to enhance operational resilience by optimizing energy efficiency, which is expected to reduce electricity costs and improve operational profits[132]. - The company is expanding its sustainable clothing product line, which is anticipated to diversify revenue sources and drive sales growth through tailored sustainable apparel services[132]. - The company has implemented measures to comply with new ESG disclosure requirements, which may incur additional governance costs and compliance penalties if not adhered to[133]. - The company has committed to becoming carbon neutral and has achieved verification of its greenhouse gas emissions under ISO 14064–1:2018, marking a significant milestone[139]. - The company is actively procuring green electricity to offset carbon emissions, reinforcing its commitment to a low-carbon future[139]. Employee and Community Engagement - The total employee compensation, including director remuneration, increased by $1.5 million to approximately $20.3 million, compared to $18.8 million in 2024[25]. - The group employed a total of 344 full-time employees as of December 31, 2025, down from 347 employees in 2024[25]. - The average training hours per employee for senior staff in 2025 was 8.7 hours, with 35% of senior employees receiving training[161]. - The average training hours per employee for junior staff in 2025 was 4.2 hours, with 51% of junior employees receiving training[161]. - The company has recorded zero workplace injuries and lost workdays due to injuries in the current year, maintaining a consistent safety record over the past three years[157]. - The company promotes the use of water-saving devices and practices, aiming to enhance water efficiency among employees[154]. - The company encourages employees to reduce waste by promoting the use of refillable products and recycling initiatives[152]. - The company donated a total of RMB 45,945 in cash and materials to support communities in need during disasters in 2025[191]. - The company supports women's health initiatives through the HERhealth project in Vietnam, enhancing awareness and knowledge among female workers[191]. Supply Chain and Product Management - The company has implemented a supplier scorecard system to identify potential risks in the supply chain, including environmental and social risks[181]. - The company prioritizes responsible and environmentally friendly sourcing of raw materials, adhering to various global standards[182]. - The company has made technical improvements in garment production to reduce water usage and wastewater discharge[184]. - The company has established a quality management system to ensure products meet health and safety requirements[185]. - No products were recalled during the year due to safety and health reasons[185]. - The company collaborates closely with suppliers to improve their environmental performance[184]. - The company reported no complaints regarding product quality during the reporting period[186]. Compliance and Security - The company emphasizes the importance of protecting intellectual property and requires employees to sign confidentiality agreements[189]. - The company has implemented strict information security measures, including mandatory use of antivirus software and encryption of sensitive documents[190]. - The company has established clear data processing policies to ensure compliance with privacy standards[190]. - The company has a comprehensive supply chain management strategy, including practices to identify environmental and social risks[197]. - The company has implemented practices to avoid child labor and forced labor in its recruitment processes, ensuring compliance with labor standards[197]. - The company has established a robust anti-corruption framework, including training for directors and employees on anti-corruption measures[198]. - The company has not been involved in any legal cases related to bribery, corruption, or money laundering this year[187].

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: 利華控股集團（「本公司」 呈交日期: 2026年3月2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) | 01346 | 說明 | 普通股 | | | | | | | | | | 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 | | 0.01 | HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 | HKD | | 10,000,000 | 本月底法 ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告之內容概 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 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之任何損失承擔任何責 任。 Lever Style Corporation 利華控股集 團 （於開曼群島註冊成立的有限責任公司） （股份代號：1346） 補充公告 收購資產 茲 提 述 利 華 控 股 集 團（「本公司」）日 期 為 二 零 二 五 年 十 二 月 十 七 日（「首份公告」） 及 二 零 二 六 年 一 月 九 日（「進一步公告」，連 同 首 份 公 告 合 稱「該等公告」）有 關 買 方 與 賣 方 訂 立 資 產 收 購 協 議 的 公 告。除 非 本 公 告 另 有 定 義，本 公 告 所 用 詞 彙 與 該 等 公 告 所 界 定 者 具 有 相 同 涵 義。 董 事 會 謹 此 提 供 以 下 有 關 估 值 報 告 及 資 產 收 購 協 議 的 補 充 資 料。本 補 充 公 告 的 目 的 僅 為 向 持 份 者 提 供 進 一 步 澄 清 ...

Core Viewpoint - Lihua Holdings Group (01346) announced that it will distribute a final dividend of HKD 0.07 per share on April 24, 2026 [1] Summary by Category Company Announcement - The company will pay a final dividend of HKD 0.07 per share [1] - The payment date for the dividend is set for April 24, 2026 [1]

Group 1 - The company, Liwa Holdings Group (01346), announced a final dividend of HKD 0.07 per share to be distributed on April 24, 2026 [1]