Summary of Key Points Core Viewpoint - As of April 24, a total of 38 stocks reached their 52-week highs, with notable performances from companies such as Ka Ming Investment, Yingde Holdings, and Guangdong-Hong Kong Bay Holdings, which had high rates of increase in their stock prices [1]. 52-Week Highs - Ka Ming Investment (00768) achieved a closing price of 0.065 with a peak of 0.100, marking a 63.93% increase [1]. - Yingde Holdings (08535) closed at 0.084, reaching a high of 0.084, reflecting a 21.74% increase [1]. - Guangdong-Hong Kong Bay Holdings (01396) had a closing price of 2.760, also reaching 2.760, with an 18.45% increase [1]. - Other notable stocks include Kambo Medical-B (02216) with a 15.48% increase and Jian Shi Technology-B (09877) with a 14.76% increase [1]. 52-Week Lows - Jinsheng Group (00794) recorded a closing price of 0.155, with a low of 0.140, resulting in a decrease of 16.17% [2]. - Baofa Holdings (08532) closed at 0.019, reaching a low of 0.018, reflecting a 14.29% decrease [2]. - China Health Group (00673) had a closing price of 0.145, with a low of 0.145, indicating a 13.17% decrease [2]. - Other companies experiencing declines include Shenglong Jinxiu International (08481) with a 12.00% decrease and New New Technology (09600) with an 11.11% decrease [2].

截至4月21日收盘，粤港湾控股（01396.HK）报1.960港元，较上个交易日上涨16.67%，当日盘中最高 价触及2.200港元，创近一年新高。 资金流向方面，当日主力流入288.528万港元，流出313.064万港元，净流出24.54万港元。 粤港湾控股有限公司(原毅德国际控股)是香港联交所主板上市企业(股份代号:01396.HK),是全国地产百 强之星,位列湾区地产50强TOP19、品牌价值TOP10。公司以"赋能城市未来,成就美好生活"为企业愿景, 以"智创品质生活"为品牌理念,致力于构建和谐的客户、企业、政府、员工、自然环境等关联方共赢的 产业生态系统。重点聚焦粤港澳大湾区,以大湾区为总部基地和战略价值高地,同时在其他区域,尤其是省 会城市,寻找发展高周转商住项目的机会。 2020年,传承"以产促城、繁荣城市"的企业基因,公司战略升级和产业转型,全新定位为"新生态产城服务 商",同时更名为"粤港湾控股有限公司"。形成"城市更新、产业园区、特色小镇、品质社区、商业服 务"和基建、金融等多个业务模式。实行"毅德"和"粤港湾"双品牌运作,"毅德"品牌继续发展商贸物流产 业,全新的"粤港湾"品牌拓展精品住 ...

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之任何損失承擔任何責 任。 GUANGDONG – HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1396） 股東週年大會通告 茲通告 粵 港 灣 控 股 有 限 公 司（「本公司」）謹 訂 於2025年6月20日（星 期 五）上 午10時 30分於中國深圳市羅湖區鴻隆世紀廣場A座32層 舉 行 股 東 週 年 大 會（「股東週年 大 會」），以 處 理 下 列 事 項： 普通決議案 – 1 – 1. 省覽及考慮截至2024年12月31日 止 年 度 本 公 司 經 審 核 綜 合 財 務 報 告、本 公 司 董 事（「董 事」）報 告 書 及 本 公 司 獨 立 核 數 師 報 告； 2. (a) 重 選 何 飛 先 生 為 執 行 董 事； (b) 重 選 魏 海 ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券交易 商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的粵港灣控股有限公司股份全部售出或轉讓，應立即將本通函及隨附的代表委任表格 送交買方或承讓人，或持牌證券交易商或證券註冊機構、或通過其進行銷售或轉讓的其他代理人，以 便轉交買方或承讓人。 香港交易及結算所有限公司及聯交所對本通函的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示，對於因本通函或因依賴本通函全部或任何部分內容而引起的任何損失，恕不承擔任 何責任。 GUANGDONG – HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1396） (I)建議發行股份及購回股份的一般授權 (II)建議重選董事 (III)建議續聘核數師 及 (IV)股東週年大會通告 本封面上使用的大寫術語與本通函所定義的含義相同。 董事會函件載於本通函4至10頁。召開股東週年大會的通告載於本通函的AGM-1至AGM-6頁，通告將 於2025年6月 ...

Financial Performance - The Group recorded contracted sales amount of approximately RMB1,157.1 million for FY2024, a decrease of approximately 46.0% compared to RMB2,143.8 million in FY2023[18]. - The Group's revenue for FY2024 was approximately RMB2,602.7 million, down from approximately RMB3,530.5 million in FY2023, primarily due to a shift in the trading business model[19]. - Revenue from property development and related services increased by 55.8% to approximately RMB2,602.7 million in FY2024, compared to RMB1,670.7 million in FY2023, driven by an increase in the area of properties delivered[19]. - The Group recorded a gross loss of approximately RMB622.7 million in FY2024, compared to a gross profit of approximately RMB21.2 million in FY2023, attributed to unfavorable market conditions in the real estate sector[25]. - The loss before taxation for FY2024 was RMB 1,574,995, worsening from a loss of RMB 1,026,708 in FY2023[73]. - The Group's net assets fell to RMB 100,207, down from RMB 2,244,433 in 2023, indicating a decline of 95.5%[74]. Cost and Expenses - The total cost of sales for FY2024 was approximately RMB3,225.4 million, representing an increase of 95.0% from RMB1,653.7 million in FY2023, largely due to increased delivered area and a significant decrease in average selling price[20]. - Selling and distribution costs decreased by 42.8% to approximately RMB66.2 million in FY2024 from RMB115.8 million in FY2023, aligning with a 46.0% drop in contracted sales[27]. - Administrative expenses fell by 51.1% to approximately RMB79.1 million in FY2024 from RMB161.9 million in FY2023, due to cost-cutting measures in response to adverse market conditions[28]. - Impairment losses recognized in FY2024 were approximately RMB417.2 million, up from RMB292.4 million in FY2023, reflecting further declines in asset values[29]. - Other losses for FY2024 amounted to approximately RMB248.0 million, while FY2023 recorded other gains of approximately RMB208.9 million[26]. Assets and Liabilities - As of December 31, 2024, the total land bank with confirmed land use rights was approximately 4.8 million sq.m., down from 7.3 million sq.m. as of December 31, 2023[18]. - The total assets less current liabilities decreased to RMB 4,854,693 from RMB 6,616,920 in 2023, reflecting a decline of 26.5%[74]. - Current assets dropped significantly to RMB 11,021,786 from RMB 16,186,827, a decrease of 31.9%[74]. - The Group's bank loans and other borrowings as of December 31, 2024, were approximately RMB2,360.6 million, a decrease from RMB2,995.5 million as of December 31, 2023[47]. - Total borrowings amounted to RMB 5,728.0 million, a decrease of approximately 10.2% from RMB 6,376.3 million in 2023[48]. - Contingent liabilities related to mortgage guarantees decreased to approximately RMB 1,896.4 million in 2024 from RMB 2,449.6 million in 2023, reflecting a reduction of about 22.5%[50]. Financing and Capital Management - The Group aims to actively expand financing channels and improve its maturity profile to reduce financing costs and strengthen fund management[69]. - Finance costs in FY2024 were approximately RMB68.0 million, a significant decrease of 76.8% from RMB293.2 million in FY2023, primarily due to reduced bank loans and interest expenses[36]. - Capital commitments for construction and development contracts as of December 31, 2024, were RMB 1,638.2 million, down from RMB 2,883.7 million in 2023, indicating a decline of approximately 43.1%[53]. - The current ratio improved slightly to 1.41 in 2024 from 1.39 in 2023, while the gearing ratio increased to 45.3% from 35.0%, indicating a higher level of financial leverage[55]. Workforce and Operations - The Group's total staff costs for FY2024 were approximately RMB 58.4 million, a significant decrease of about 43.6% compared to RMB 103.6 million in FY2023[62]. - The Group had 194 employees as of December 31, 2024, down from 241 employees in 2023, reflecting a reduction in workforce[66]. - The Group continues to focus on property development and urban renewal projects in the Greater Bay Area[77]. Corporate Governance and Compliance - The Board does not recommend the payment of a final dividend for FY2024, consistent with FY2023[89]. - The Company has received annual confirmations of independence from all independent non-executive Directors[133]. - The Covenantors have confirmed compliance with the Non-Competition Deed during FY2024[145]. - The Company has a three-year service contract with each Director, with no contracts that are not determinable within one year without compensation[134]. - No Directors had material beneficial interests in any significant contracts or transactions related to the Group's business during FY2024[135]. Share Capital and Options - The maximum number of shares that may be issued under the Share Option Scheme is 40,148,440 shares, representing approximately 8.85% of the total issued shares of the Company[110]. - As of 31 December 2024, the total number of outstanding shares involved in the Share Option Scheme was 1,282,500 shares, representing approximately 0.16% of the shares in issue of the Company[127]. - The exercise price per share for the outstanding share options is HK$4.6784, determined by the Board[120]. - The total number of outstanding share options as of December 31, 2024, is 1,282,500 after accounting for lapses and cancellations[128]. - The Company entered into subscription agreements for a total of 89,000,000 new Shares at a subscription price of HK$0.1 per Share, resulting in gross proceeds of HK$8,900,000[183][185]. Market Outlook - The government is expected to continue efforts to stabilize the real estate market, including reducing housing loan interest rates and transaction fees, which may positively impact the Group's operations[67]. - The Directors believe that the fundraising activities are strategically significant for the Group's growth and development[198].

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。 本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。本公告並不構成在美國購買或認購證 券的任何要約或招攬或其一部份。證券並無亦不會根據 1933 年美國證券法（經修訂）（「 證券法 」）或 於美國任何州或其他司法權區的任何證券監管機構登記。證券根據證券法 S 規例於美國以外地區發售及 出售，而除非根據證券法登記或獲豁免登記，否則不得在美國提呈或出售。概不會於美國或有關提呈發 售受限制或禁止的任何其他司法權區進行公開發售。於美國公開發售的任何證券將以招股章程形式進行， 有關招股章程可向本公司索取，並將載有關於本公司及管理層的詳細資料以及財務報表。本公司無意於 美國登記任何部分提呈發售。 承董事會命 粵港灣控股有限公司 主席兼執行董事 GUANGDONG–HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵 港 灣 控 股 有 限 公 司 （於開曼群島註冊成立的有限 ...

Financial Performance - Total revenue for the fiscal year ending December 31, 2024, was RMB 2,602.7 million, a decrease of 26.2% compared to RMB 3,530.5 million in 2023[4] - Gross loss for the fiscal year was RMB 622.7 million, compared to a gross profit of RMB 21.2 million in the previous year[4] - The net loss for the year was RMB 2,041.3 million, an increase of 69.0% from RMB 1,205.6 million in 2023[5] - The group reported a pre-tax loss of RMB 68,035,000 for 2024, a decrease from a loss of RMB 293,190,000 in 2023, indicating an improvement in financial performance[23] - The group recorded a negative gross profit of approximately RMB 622.7 million in fiscal year 2024, compared to a gross profit of RMB 21.2 million in fiscal year 2023, attributed to unfavorable operating conditions in the Chinese real estate market[40] - Other losses for fiscal year 2024 amounted to approximately RMB 248.0 million, compared to other income of RMB 208.9 million in fiscal year 2023[41] Assets and Liabilities - Total non-current assets decreased to RMB 1,636.1 million from RMB 2,035.1 million in 2023, reflecting a decline of 19.6%[6] - Current assets dropped to RMB 11,021.8 million from RMB 16,186.8 million, a decrease of 31.9%[6] - Current liabilities decreased to RMB 7,803.2 million from RMB 11,605.0 million, a reduction of 32.4%[6] - The total non-current liabilities increased to RMB 4,754,486,000 in 2024 from RMB 4,372,487,000 in 2023[10] - The company's cash and cash equivalents were only RMB 13,057,000 as of December 31, 2024[10] - As of December 31, 2024, the company's net current assets were RMB 3,218,611,000, a decrease from RMB 4,581,847,000 in 2023[10] - The group’s bank loans and other borrowings as of December 31, 2024, were approximately RMB 2,360.6 million, a decrease from RMB 2,995.5 million in the previous year[50] Impairment and Losses - The company reported a significant increase in impairment losses on financial assets, rising to RMB 417.2 million from RMB 292.4 million in the previous year[4] - The impairment loss on trade and other receivables increased significantly from RMB 292,436 thousand in 2023 to RMB 417,159 thousand in 2024, an increase of approximately 42.6%[25] - The company reported a significant increase in land value-added tax from RMB 108,282 thousand in 2023 to RMB 433,256 thousand in 2024, an increase of approximately 300%[25] Cash Flow and Financing - The company has a good track record and relationship with banks, enhancing its ability to extend and renew bank loans[12] - The company has received ongoing financial support from its controlling shareholder, who confirmed that they would not demand repayment of related borrowings within the next 12 months if the company's financial situation is insufficient[12] - The group has sufficient operating funds to meet its financial obligations due within the next 12 months, based on its ongoing business operations[13] - The company will continue to actively expand financing channels and optimize debt structure to reduce financing costs[37] - Financing costs for fiscal year 2024 were approximately RMB 68.0 million, a significant reduction of 76.8% from RMB 293.2 million in fiscal year 2023, primarily due to lower interest expenses on bank loans and notes[46] Market and Strategic Focus - The company plans to focus on market expansion and new product development to improve future performance[3] - The group aims to accelerate the sales of completed properties and improve cash flow from sales, with unsold properties and investment properties valued at approximately RMB 30 billion and RMB 1.3 billion, respectively, as of December 31, 2024[16] - The company plans to enhance sales collection and optimize innovative sales strategies to accelerate inventory turnover[37] - The company aims to strengthen execution quality improvement strategies to enhance product and service quality[37] Employee and Operational Changes - Employee costs decreased from RMB 103,583 thousand in 2023 to RMB 58,441 thousand in 2024, representing a reduction of approximately 43.5%[24] - The total employee cost for the fiscal year 2024 is approximately RMB 58.4 million, a significant decrease from 103.6 million in the previous fiscal year[57] - As of December 31, 2024, the company had 194 employees, down from 241 employees as of December 31, 2023[57] Governance and Compliance - The company has fully complied with the corporate governance code as per the listing rules during the fiscal year[62] - The audit committee consists of three independent non-executive directors, overseeing financial reporting and risk management[66] - The independent auditor's report confirmed that the consolidated financial statements reflect the group's financial position accurately as of December 31, 2024[68] Future Outlook and Concerns - The company faces significant uncertainty regarding its ability to continue as a going concern due to its financial situation[11] - The group faces significant uncertainty regarding its ability to continue as a going concern due to financial obligations and market conditions[69] - The government is expected to promote stabilization in the real estate market, including reducing housing loan interest rates and transaction taxes[35]

Financial Performance - Total revenue for the fiscal year ending December 31, 2024, was RMB 2,602,700,000, a decrease of 26.2% compared to RMB 3,530,521,000 in 2023[4] - Gross loss for the fiscal year was RMB 622,705,000, compared to a gross profit of RMB 21,156,000 in the previous year[4] - The net loss for the year was RMB 2,041,311,000, an increase of 69.1% from RMB 1,205,615,000 in 2023[5] - Basic and diluted loss per share was RMB 331.9, compared to RMB 267.7 in the previous year[4] - The group reported a loss of RMB 2,041,311,000 for the fiscal year ending December 31, 2024[69] - The group recorded a negative gross profit of approximately RMB 622.7 million for fiscal year 2024, compared to a gross profit of RMB 21.2 million in fiscal year 2023, attributed to unfavorable operating conditions in the Chinese real estate market[40] - The group has incurred a pre-tax loss of RMB 68,035,000 for 2024, a decrease from RMB 293,190,000 in 2023, indicating improved financial performance[23] Assets and Liabilities - Total non-current assets decreased to RMB 1,636,082,000 from RMB 2,035,073,000 in 2023[6] - Current assets decreased to RMB 11,021,786,000 from RMB 16,186,827,000 in 2023[6] - Total current liabilities decreased to RMB 7,803,175,000 from RMB 11,604,980,000 in 2023[6] - The total non-current liabilities increased to RMB 4,754,486,000 in 2024 from RMB 4,372,487,000 in 2023[10] - As of December 31, 2024, the company's net current assets were RMB 3,218,611,000, a decrease from RMB 4,581,847,000 in 2023[10] - The company's land reserves as of December 31, 2024, were approximately 4.8 million square meters, down from 7.3 million square meters as of December 31, 2023[34] - Trade and other payables totaled RMB 2,928.5 million in 2024, down from RMB 3,894.3 million in 2023[10] - The group’s bank loans and other borrowings were approximately RMB 2,360.6 million as of December 31, 2024, a decrease from RMB 2,995.5 million as of December 31, 2023[50] Cash Flow and Liquidity - The cash and cash equivalents were only RMB 13,057,000, indicating liquidity challenges[10] - The group has taken measures to improve liquidity and financial condition amid challenging market conditions[69] - The group plans to strengthen cash flow management and control costs while seeking cooperation opportunities with domestic and international investors for business development[48] - The group has seen a significant reduction in cash pledged for pre-sold properties, from RMB 314.5 million in 2023 to RMB 100.4 million in 2024[9] Financial Support and Debt Management - The company successfully obtained support from the majority of preferred noteholders for debt restructuring, extending the maturity of most offshore debts from April 2023 to April 2029[12] - The company has received ongoing financial support from its controlling shareholder, who confirmed that they would not demand repayment of related borrowings within the next 12 months if the company's financial situation is insufficient[12] - The company aims to actively expand financing channels and optimize debt structure to lower financing costs and strengthen capital management[37] - The company has issued new notes totaling USD 413.6 million with a reduced annual interest rate of 4.5%, extending the maturity date to April 28, 2029[33] Operational Efficiency - The group is actively taking measures to control sales, distribution costs, and administrative expenses to enhance operational efficiency[13] - Employee costs decreased from RMB 103,583 thousand in 2023 to RMB 58,441 thousand in 2024, representing a reduction of approximately 43.5%[24] - Administrative expenses decreased by approximately 51.1% to RMB 79.1 million in fiscal year 2024 from RMB 161.9 million in fiscal year 2023, due to cost-cutting measures[43] - The company is focusing on enhancing product and service quality while controlling costs to improve efficiency and profitability[37] Market Conditions and Future Outlook - The company faces significant uncertainty regarding its ability to continue as a going concern due to its financial situation[11] - The group has significant uncertainty regarding its ability to continue as a going concern, depending on market conditions and financing arrangements[14] - The government is expected to continue promoting stabilization in the real estate market, including reducing housing loan interest rates and transaction taxes[35] - The company plans to enhance sales collection through optimized innovative sales strategies and improve operational quality to boost cash flow and investment returns[37] Compliance and Governance - The company confirmed compliance with corporate governance codes and listing rules throughout the fiscal year[62] - The audit committee has recommended the board approve the audited consolidated financial statements for the fiscal year 2024[67] - The independent auditor confirmed that the consolidated financial statements reflect the group's financial position accurately as of December 31, 2024[68] - The audit committee consists of three independent non-executive directors, overseeing financial reporting and risk management[66] Other Notable Events - The company did not recommend the payment of a final dividend for the fiscal year 2024, consistent with the previous fiscal year[58] - On December 4, 2024, the company agreed to sell its entire stake in Fanri Limited for HKD 36.0 million, with no other significant acquisitions or disposals reported for the fiscal year[55] - There were no share buybacks or sales by the company or its subsidiaries during the fiscal year ending December 31, 2024[60] - No significant subsequent events were reported that would materially affect the company after the reporting period[61] - The annual report for the fiscal year 2024 will be published on the company's website and the stock exchange's website[70]

此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或其他註冊證券 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粵港灣控股有限公司股份，應立即將本通函連同隨附之代表委任表 格送交買主或承讓人，或經手買賣或轉讓之銀行、股票經紀或其他代理商，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，並明確表示概不就因本通函全部或任何部份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。 GUANGDONG – HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1396） 主要交易－出售目標股權 及 潛在的主要交易－出售完成後提供之財務資助 除文義另有界定外，本封面及本通函所用所有詞彙與本通函「釋義」一節所界定者具有相同涵義。 董事會函件載於本通函第4頁至第17頁。 作為本通函主體事項之交易已根據上市規則第14.44條經股東書面批准以代替舉行本公司股東大 會 ...

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之任何損失承擔任何責任。 GUANGDONG – HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 粵港灣控股有限公司 主 席兼執行董事 羅介平 （於開曼群島註冊成立的有限公司） (股份代號: 1396) 董事會會議通告 粵港灣控股有限公司（「本公司」）之董事會（「董事會」）謹此公佈，本公司將於 2025 年 3 月 28 日（星期五）舉行本公司董事會會議，藉以（其中包括）考慮及批准 本公司及其附屬公司截至 2024 年 12 月 31 日止財政年度之年度業績，並考慮派發末期 股息（如有）。 承董事會命 香港，2025 年 3 月 18 日 於本公告日期，本公司執行董事為羅介平先生、何飛先生及魏海燕女士； 本公司獨立非執行董事為關浣非先生、韓秦春先生及陳陽升先生。 - 1 - ...