C CHENG HOLDINGS LIMITED 思城控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code股份代號: 1486) NOTIFICATION LETTER 通知信函 Dear Registered Shareholder(s), 21 May 2025 暫定配額通知書作為可供採取行動的公司通訊，將以印刷版形式郵寄給 閣下。 The following document(s) of C Cheng Holdings Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.cchengholdings.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websi ...

To be valid, the whole of this Provisional Allotment Letter must be returned. 本暫定配額通知書必須整份交還，方為有效。 IMPORTANT 重要提示 Reference is made to the prospectus issued by C Cheng Holdings Limited (the "Company") dated 21 May 2025 in relation to the Rights Issue (the "Prospectus"). Capitalised terms used herein shall have the same meanings as those defined in the Prospectus unless the context requires otherwise. 茲提述思城控股有限公司（「本公司」）就供股所刊發日期為二零二五年五月二十一日之供股章程（「供股章程」）。除文義另有所指外，本暫定配額通知書所用詞彙與供股 章程所界定者具有相同涵義。 THIS PROVISIONAL ...

此乃要件 請即處理 閣下如對本供股章程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。 閣下如已將名下的思城控股有限公司股份全部售出或轉讓，應立即將章程文件送交買主或承讓人，或經手買賣或轉讓的銀行、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、香港聯合交易所有限公司及香港中央結算有限公司對本供股章程的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本供股章程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。 每份章程文件，連同本供股章程附錄三「 15.送呈香港公司註冊處處長之文件」一段所述之文件，已根據香港法例第32章公司（清盤及 雜項條文）條例第342C條之規定送呈香港公司註冊處處長登記。香港公司註冊處處長、香港聯合交易所有限公司及香港證券及期貨 事務監察委員會對任何章程文件之內容概不負責。 買賣股份及供股股份（未繳股款及繳足股款形式）可透過香港結算設立及營運之中央結算系統交收，有關交收安排的詳情及該等安排 對 閣下的權利及權益有何影響， 閣下應諮詢 閣下的股票 ...

由於本公司需要額外時間落實載入該通函的若干資料，包括但不限於債務聲明，及 編制有關本集團營運資金充足性的信函，本公司已向聯交所申請豁免嚴格遵守上 市規則第14.41(a)條的規定，以將寄發該通函的最後時間延遲至2025年5月30日（「豁 免」）。 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 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。 C CHENG HOLDINGS LIMITED 思城控股有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1486） 延遲寄發有關 行使使用權 的主要交易的通函 茲提述思城控股有限公司（「本公司」）日期為2025年4月7日有關行使使用權的主要交 易之公告（「該公告」）。除另有界定外，本公告所用詞彙具有該公告界定的相同涵義。 誠如該公告所披露，據董事作出一切合理查詢後所深知、盡悉及確信，概無股東於 行使使用權及據此擬進行之交易中擁有重大權益，且倘本公司召開股東大會批准使 用權，概無股東須於本公司股東大會上放棄投票。因此，根據上市規則第14.44條，一 名 ...

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 分內容而產生或因依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、購買或認購本公司證券的邀請或要約。 C CHENG HOLDINGS LIMITED 思城控股有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1486） (I)註銷購股權； (II)建議按非包銷基準按於記錄日期 每持有兩(2)股現有股份獲發一 (1)股供股股份之基準進行供股；及 (III)更改每手買賣單位 財務顧問 配售代理 註銷購股權 董事會已批准，並根據購股權計劃條款在經相關承授人同意後註銷22,100,000份尚 未行使之購股權，自二零二五年四月二十九日起生效。 1 建議供股 本公司擬以供股方式籌集所得款項總額最高約14.4百萬港元（扣除開支前），按認 購價每股供股股份0.10港元發行不超過144,130,390股供股股份（假設於記錄日期或 之前概無進一步發行或購回股份且所有供股股份將獲承購），供股基準為合資格 股東於記錄日期結束營業時每持有兩(2)股現有股份 ...

The following document(s) of C Cheng Holdings Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.cchengholdings.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- You may at any time send your request in writing to the Company (c/o its Hong Kong Branch Share Registrar, Union Registrars Limited ("Hong Kong Branch Share Registrar") at Suites 3301-04, 33/F., Two Chinachem Exchange Square, 338 K ...

C CHENG HOLDINGS LIMITED 思城控股有限公司 The following document(s) of C Cheng Holdings Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.cchengholdings.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- If you have not provided us with an email address but now would like to receive an email notification of the publication of the Corporate Communication(s) on the Websites instead of receiving print ...

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。 閣下如已將名下的思城控股有限公司股份全部售出或轉讓，應立即將本通函連同隨附代表 委任表格轉寄買主或承讓人，或經手買賣或轉讓的銀行、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，概不對因本通函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。 C CHENG HOLDINGS LIMITED 思城控股有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1486） 此乃要件 請即處理 (1)發行股份及購回股份的一般授權、 (2)重選董事、 (3)續聘核數師 及 (4)股東周年大會通告 謹訂於二零二五年五月二十一日（星期三）上午十時正假座香港九龍尖沙咀海港城環球金融 中心北座15樓舉行股東周年大會，召開該大會的通告載於本通函第16至21頁。無論 閣下能 否出席股東周年大會，務請將隨附的代表委任表格按其上的指示填妥，並儘快且無論如何 ...

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 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 C CHENG HOLDINGS LIMITED 思城控股有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1486） 暫停辦理股東登記手續及 股東周年大會通告 暫停辦理股東登記手續 思城控股有限公司（「本公司」）將於二零二五年五月十四日（星期三）至二零二五年五 月二十日（星期二）（包括首尾兩日）暫停辦理股東登記手續，以釐定本公司股東（「股 東」）出席股東周年大會（「股東周年大會」）並於會上投票的權利，期間將不會辦理股 份過戶登記。所有過戶文件連同有關股票最遲需於二零二五年五月十三日（星期二） 下午四時正前送達本公司的香港股份過戶登記分處聯合證券登記有限公司，地址為 香港北角英皇道338號華懋交易廣場二期33樓3301-04室，以作登記。 1 股東周年大會通告 茲通告思城控股有限公司（「本公司」）謹訂於二零二五年五月二十一日（星期三）上 午十時正假座香港九龍尖沙咀海港城環球金融中心北座15樓舉行股 ...

Financial Performance - In 2024, the company's revenue was HKD 401,303,000, a decrease of 11.7% compared to HKD 454,250,000 in 2023[33]. - Revenue from mainland China decreased by HKD 36,139,000, representing a decline of 17.5%, while revenue from Hong Kong decreased by HKD 32,941,000, a decline of 18.9%[33]. - The total service cost for the year was HKD 339,060,000, down 14.3% from HKD 395,708,000 in 2023, primarily due to cost-cutting measures in mainland China and Hong Kong[35]. - The gross profit for the year was HKD 62,243,000, an increase of 6.3% from HKD 58,542,000 in 2023, with gross margins of 15.5% in 2023 and 12.9% in 2024[36]. - Administrative expenses decreased to HKD 74,971,000, down 16.2% from HKD 89,487,000 in the previous year, mainly due to reduced management and administrative staff costs[37]. - The annual loss from continuing operations in 2024 was HKD 14,419,000, compared to a loss of HKD 34,068,000 in 2023[38]. Market Position and Strategy - The company reported a gradual recovery in its project portfolio, adapting marketing strategies and diversifying offerings in response to market volatility in 2024[17]. - The company achieved a global ranking of 32nd in the prestigious World Architecture 100 list, highlighting its adaptability and professionalism in managing projects from diverse cultural backgrounds[20]. - The company is strategically positioning its Hong Kong and mainland China offices to better support projects in the Middle East, leveraging global expertise to provide world-class design solutions[19]. - The real estate and development sectors in the UAE and Saudi Arabia showed significant resilience and growth, driven by initiatives like Saudi Arabia's Vision 2030[18]. - The company is actively participating in major industry events to enhance its presence in the Middle East, including the 16th Saudi Arabian Real Estate Development Summit[18]. - The company believes that policy support and domestic demand will provide a solid foundation for market stability despite varying recovery speeds across cities[17]. Talent Development and Workforce - The company emphasizes the importance of talent development, focusing on both traditional architects and emerging professionals skilled in digital and smart technologies[18]. - The company recognizes the urgent demand for professional talent due to continuous technological and industry advancements[18]. - The company employs approximately 615 full-time employees as of December 31, 2024, down from 710 in 2023[67]. - The employee turnover rate is low, indicating high employee satisfaction and engagement, with many employees having worked for the company for over 5 years[121]. - The percentage of employees receiving training in 2024 is 83% for senior management and 49% for general employees, compared to 58% and 59% respectively in 2023[134]. Sustainability and Environmental Practices - The company is focused on sustainable development as a cornerstone for survival in the current challenging market environment[17]. - The group is committed to environmental sustainability and has implemented the ISO 14001 environmental management system, obtaining ISO 14001:2015 certification since 2018[98]. - The company recognizes climate change as a significant business opportunity and allocates substantial resources to its green building initiatives[111]. - The company has set a conscious electricity reduction target and records monthly electricity consumption to promote energy-saving measures[105]. - The carbon dioxide equivalent emissions for the company were 474,535 kg, covering a total building area of 9,126 square meters, compared to 451,172 kg for 12,511 square meters in 2023[104]. Governance and Corporate Structure - The board consists of nine members, including six executive directors and three independent non-executive directors, ensuring a balanced governance structure[166]. - The company has implemented a code of conduct that emphasizes high standards of business ethics and corporate governance across all operations[163]. - The company has established four committees: Audit Committee, Remuneration Committee, Nomination Committee, and Investment Committee to oversee specific areas of governance[176]. - The independent non-executive directors have confirmed their independence and have signed appointment letters with a specific term of three years[173]. - The company has implemented a board diversity policy to ensure a balanced mix of skills, experience, and diverse perspectives among board members[169]. Community Engagement and Social Responsibility - The company participated in a volunteer activity providing gifts to 250 elderly households, enhancing community awareness and support[142]. - The company actively supports the growth of future architects and designers by sponsoring the inaugural RIBA Gulf Student Awards in the MENA region, highlighting its commitment to fostering creativity and innovation[151]. - The company emphasizes employee health and well-being by investing in initiatives such as participation in charity marathons and fitness challenges, reinforcing a culture that values physical health[153][154]. - The company has established partnerships with multiple organizations to facilitate career exploration for students in the construction field[148]. - The company expanded its educational outreach, participating in over 30 seminars and discussions to bridge the gap between academic learning and industry practice[146].