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]

其他信息 其他信息 不適用 發行人董事 執行董事: 司徒志仁先生, TAN William先生，李耀明先生; 獨立非執行董事: 施德華先生, ANDERSEN Dee Allen先生, KESEBI Lale女 士, 劉可瑞先生 EF001 免責聲明 | 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 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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 利華控股集團 | | 股份代號 | 01346 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年12月31日止年末業績報告 | | 公告日期 | 2026年2月12日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年12月31日 | | 宣派股息 ...

Core Viewpoint - Liwa Holdings Group (01346) reported a revenue of $200 million for the year ending December 31, 2025, representing a year-on-year decline of 10.2% [1] - The company intentionally reduced business volume with several clients to mitigate potential financial risks, leading to the decrease in revenue [1] Financial Performance - Shareholders' profit attributable to the company was $15.871 million, down 7.4% year-on-year [1] - Basic earnings per share were 2.54 cents, with a proposed final dividend of 0.07 HKD per share [1] Business Strategy - The company continues to implement proactive credit risk measures to minimize bad debts from clients with poor credit status [1] - Excluding the clients with reduced business volume, revenue showed a growth trend, indicating the effectiveness of the product portfolio serving over 150 brands across multiple markets [1] - The company's multi-regional and multi-category business model helped clients mitigate the impact of tariffs in 2025, thereby strengthening long-term business relationships [1]

Core Viewpoint - Lihua Holdings Group (01346) reported a revenue of $200 million for the year ending December 31, 2025, representing a year-on-year decline of 10.2% [1] - The company's net profit attributable to shareholders was $15.871 million, down 7.4% year-on-year, with basic earnings per share at 2.54 cents and a proposed final dividend of 0.07 HKD per share [1] Financial Performance - Revenue decreased by 10.2% year-on-year to $200 million [1] - Net profit attributable to shareholders fell by 7.4% to $15.871 million [1] - Basic earnings per share were reported at 2.54 cents [1] - Proposed final dividend is set at 0.07 HKD per share [1] Business Strategy - The company intentionally reduced business volume with several clients to mitigate potential financial risks, leading to the revenue decline [1] - Ongoing proactive credit risk measures are in place to minimize bad debts from clients with poor credit status [1] - Excluding these clients, revenue showed a growth trend, indicating the effectiveness of the product portfolio serving over 150 brands across multiple markets [1] Market Positioning - The company's multi-regional and multi-category business model helped clients alleviate the impact of tariffs in 2025, thereby strengthening long-term business relationships [1]

Core Viewpoint - Lihua Holdings Group (01346.HK) reported a decline in annual performance for the year ending December 31, 2025, with total revenue of $200 million, a decrease of 10.22% year-on-year, and a net profit attributable to shareholders of $15.87 million, down 7.43% year-on-year [1] Financial Performance - The company's revenue for 2025 was $200.2 million, reflecting a 10.2% reduction compared to the previous year [1] - The net profit margin reached a record high of 7.9%, despite the revenue decline [1] - Basic earnings per share were 2.54 cents, with a proposed final dividend of 0.07 HKD per share [1] Business Strategy and Outlook - The impact of U.S. tariffs in 2025 significantly affected the industry, leading to a reduction in business volume from the company's two largest clients [1] - Excluding these two clients, revenue from remaining business segments would have increased by 2.7% [1] - The company achieved a historical cash balance of $41.5 million with zero debt, indicating strong liquidity [1] - The acquisition of athletic apparel manufacturer AAG is expected to provide growth advantages in 2026 [1] - Initial results from digitalization and platformization efforts are showing promise, enhancing future competitiveness and profitability [1]

Financial Performance - Revenue for the year 2025 reached $200.2 million, a decrease of 10.2% compared to 2024[3] - Net profit margin reached a historic high of 7.9% despite a 7.4% decline in net profit to $15.9 million[4] - The company experienced a revenue decline of $18.1 million due to strict credit risk management with two major clients[5] - Excluding the impact of the two major clients, revenue from other business segments would have increased by 2.7%[4] - The group reported a gross profit of $57,012,819 for the year, down from $63,490,667 the previous year[19] - The net profit for the year was $15,870,991, down from $17,144,830 in the previous year, indicating a slight decline[20] - Total revenue for 2025 was $200,156,359, a decrease of 10.2% from $222,929,009 in 2024[30] - Revenue from the United States was $122,931,000, down from $125,395,340 in 2024, representing a decline of 3.7%[30] - Revenue from Greater China increased significantly to $3,608,949 from $1,429,279, marking a growth of 152.5%[30] - Gross profit declined from $63.5 million in 2024 to $57.0 million in 2025, reflecting a decrease of 10.2%, while maintaining a stable gross margin of 28.5%[48] Cash and Assets Management - Cash balance reached a record high of $41.5 million, maintaining a zero-debt status[4] - Non-current assets totaled $9,625,068 in 2025, up from $5,908,070 in 2024, reflecting a growth of 63.5%[21] - Current assets increased to $99,788,656 in 2025 from $89,111,905 in 2024, an increase of 11.9%[21] - Net assets rose to $69,749,989 in 2025, compared to $63,021,174 in 2024, an increase of 10.8%[22] - The company reported a significant increase in trade receivables, which rose to $39,940,402 in 2025 from $33,254,592 in 2024, a growth of 19.0%[21] - Cash and cash equivalents amounted to $41.5 million as of December 31, 2025, up from $34.1 million in 2024, marking a historical high[51] - The company's current assets net value increased to $62.6 million in 2025 from $57.3 million in 2024, with a current ratio of 2.7 times[52] - The debt-to-equity ratio was 0% as of December 31, 2025, due to no bank borrowings, indicating a strong cash position[53] Dividends and Shareholder Returns - The company maintained a final dividend of 7.0 HKD per share despite the profit decrease[4] - The group maintained a final dividend of 7.0 HKD cents per share, with a payout ratio of 51.7%[17] - The company proposed a mid-year dividend of 3.0 HKD per share for 2025, consistent with the previous year, and a final dividend of 7.0 HKD per share, up from 6.0 HKD in 2024[39] - The board proposed a final dividend of 7.0 HKD cents per share, amounting to 44.7 million HKD (equivalent to $5.7 million), representing 51.7% of the group's net profit for the year[57] Strategic Acquisitions and Growth - The acquisition of Active Apparel Group (AAG) is expected to enhance growth advantages in 2026[4] - The acquisition of AAG marks the largest acquisition to date, enhancing capabilities in the sports apparel sector[10] - AAG's acquisition is expected to reflect fully in the group's performance by 2026, enhancing the company's ability to win new sportswear customers[13] - The group anticipates further acquisition opportunities due to the deteriorating financial conditions of brands and retailers, which may lead to more reasonably valued targets[14] - The company has prepared to seize expansion opportunities and solidify its market position through strategic acquisitions[51] Operational Efficiency and Risk Management - The company achieved zero bad debts through stringent credit risk management during a challenging year[7] - The company continues to implement proactive credit risk measures to minimize potential bad debts from customers with poor credit conditions[46] - The company's flexible asset-light business model demonstrated resilience despite the adverse effects of tariffs[9] - The implementation of a strong credit control system enhanced the company's cash position and ability to earn more interest income[50] - The company effectively managed financial risks by reducing business volume with certain customers, leading to a decrease in bad debt losses[49] Corporate Governance and Compliance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange rules and has complied with all relevant provisions up to December 31, 2025[60] - The company has established an Audit Committee to oversee financial reporting and internal control systems, consisting of four independent non-executive directors[65] - The company has established a Remuneration Committee to review and recommend policies regarding the remuneration of directors and senior management[66] - The Nomination Committee was established on October 12, 2019, in accordance with corporate governance guidelines, consisting of five members[67] - The main responsibilities of the Nomination Committee include reviewing the board structure, size, and composition, as well as evaluating the independence of independent non-executive directors[67] Upcoming Events - The company will hold its Annual General Meeting on April 9, 2026, with a record date for attendance set for the same day[58] - The company will temporarily suspend share transfer registration from April 1 to April 9, 2026, to determine shareholder eligibility for voting at the AGM[58] - The company plans to propose a final dividend, pending approval at the AGM, with a registration period from April 16 to April 17, 2026[59]

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 公司名稱: 利華控股集團（「本公司」 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 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 | | | | | | | | 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 | | | 639,100,000 | | | | 639,100,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 639,100,000 | | 0 | | 639,100,000 | 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM ...

Group 1 - The company, Lihua Holdings Group (01346.HK), announced that it will hold a board meeting on February 12, 2026 [1] - The purpose of the meeting is to consider and approve the annual performance announcement for the twelve months ending December 31, 2025, for the company and its subsidiaries [1] - The meeting will also address the declaration of a final dividend, if applicable [1]