本月底法定/註冊股本總額： HKD 100,000,000 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12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: GC Construction Holdings Limited 呈交日期: 2026年1月5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) | 01489 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 10, ...

(incorporated in the Cayman Islands with limited liability) 2025/26 INTERIM REPORT 中期報告 Stock Code : 1489 CONTENTS 目錄 02 Corporate Information 公司資料 04 Interim Results Highlights 中期業績概要 05 Management Discussion and Analysis 管理層討論與分析 13 Corporate Governance and Other Information 公司管治及其他資料 18 Unaudited Condensed Consolidated Interim Statement of Comprehensive Income 未經審核簡明綜合中期全面收入表 19 Unaudited Condensed Consolidated Interim Statement of Financial Position 未經審核簡明綜合中期財務狀況表 21 Unaudited Condensed Consolidated In ...

公司名稱: GC Construction Holdings Limited 致：香港交易及結算所有限公司 呈交日期: 2025年12月2日 I. 法定/註冊股本變動 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11月30日 狀態: 新提交 III.已發行股份及/或庫存股份變動詳情 | 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) | 01489 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 10,000,000, ...

Core Points - GC Construction (01489) and the offeror Jumbo Flags Capital Limited announced that the offer will end on November 28, 2025, at 4:00 PM, with no further revisions or extensions to the offer [1] - As of the announcement date, the offeror received valid acceptances for a total of 80,000 offer shares, which represents 0.008% of the company's total issued share capital [1]

Core Points - GC Construction (01489) and the offeror Jumbo Flags Capital Limited announced that the offer will end on November 28, 2025, at 4 PM, with no further revisions or extensions to the offer [1] - As of the announcement date, the offeror has received valid acceptances for a total of 80,000 offer shares, which represents 0.008% of the company's total issued share capital [1]

Jumbo Flags Capital Limited （於英屬處女群島註冊成立的有限公司） GC Construction Holdings Limited （於開曼群島註冊成立的有限公司） （股份代號：1489） 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聯合公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本聯合公 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。 本聯合公告僅供參考，並不構成收購、購買或認購本公司的證券的邀請或要約或 該等邀請或要約的一部分，亦非在任何司法管轄區招攬任何投票權或批准，亦不 得在與適用法律相牴觸的情況下於任何司法管轄區出售、發行或轉讓本公司的證 券。本聯合公告不會在構成違反任何司法管轄區相關法律的情況下於或向有關司 法管轄區發佈、刊發或派發。 聯合公告 (1) 由華富建業證券有限公司為及 代表JUMBO FLAGS CAPITAL LIMITED 提出強制性無條件現金要約 以收購GC CONSTRUCTION HOLDINGS LIMITED 全部已發行股份 （JUMBO FLAGS CAPITAL LIMIT ...

Core Viewpoint - The development of technology finance is essential for promoting the deep integration of technological innovation and industrial development, as well as achieving high-quality economic growth in Jiangxi province [3][12]. Group 1: Financing Initiatives - Jiangxi Xunkang Technology Co., Ltd. and Kruit Software Group Co., Ltd. received loans of 14 million yuan and 12 million yuan respectively, under the "Qianfei Loan" program, which aims to address the financing challenges faced by technology-oriented enterprises [1]. - The "Qianfei Loan" program has provided a total of 2.099 billion yuan in loans to 127 technology-oriented enterprises in Jiangxi within just six months [1][2]. Group 2: Policy and System Innovation - The Jiangxi financial system is focusing on technology finance as a priority, implementing innovative measures to create a financial service system that meets the high-quality development needs of local technology innovation [2][5]. - A multi-dimensional approach is being taken to innovate the technology finance system, including institutional, product, and service model innovations [6][8]. Group 3: Performance Metrics - In 2023, Jiangxi's total R&D investment exceeded 60 billion yuan, and the transaction volume of technology contracts reached 258.8 billion yuan, marking a 10.1-fold increase compared to the end of the 13th Five-Year Plan [3]. - As of September, the balance of technology loans in Jiangxi reached 1.05 trillion yuan, with a year-on-year growth of 14%, surpassing the national average growth rate of 2.2% [10]. Group 4: Collaborative Efforts - The establishment of a technology finance alliance has seen participation from 50 financial institutions, providing a range of financial products and services to technology enterprises [10]. - The "Yiqi Growth" model aims to align loan pricing and future financial services with the growth potential of technology enterprises, fostering long-term partnerships between banks and companies [8][11].

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。 謹此提述(i)要約人與本公司刊發日期為2025年11月7日的綜合要約及回應文件（「綜 合文件」），內容有關要約，連同隨附接納表格；及(ii)本公司於2025年11月25日刊 發之截至2025年9月30日止六個月中期業績公告（「中期業績公告」）。除另有指明外， 本文件所用詞彙與綜合文件所界定者具有相同涵義。 獨立財務顧問有關要約之意見並無變動 誠如綜合文件所披露，領智已根據收購守則規則2.1獲委任為獨立財務顧問，以就 要約，尤其是就要約是否公平合理及就是否接納要約向獨立董事委員會提供意見。 1 獨立財務顧問已確認，中期業績公告所載資料不會影響其於綜合文件「獨立財務 顧問函件」一節所載有關要約的建議。因此，其意見及推薦建議維持不變。 本公告僅供參考，並不構成收購、購買或認購本公司的證券的邀請或要約。 GC Construction Holdings Limited （股 份 代 號：1489） （於 開 曼 ...

Core Viewpoint - GC CONSTRUCTION (01489.HK) reported a significant decline in mid-term performance for the six months ending September 30, 2024, with revenues of approximately HKD 155.9 million, a year-on-year decrease of 41.2% due to a cautious strategy leading to fewer projects being undertaken [1] Financial Performance - Revenue for the period was approximately HKD 155.9 million, down 41.2% year-on-year [1] - Gross profit was around HKD 800,000, reflecting a decrease of 72.3% compared to the previous year [1] - The company reported a loss attributable to shareholders of approximately HKD 9 million, with a basic loss per share of about HKD 0.009 [1] Project Pipeline - As of September 30, 2025, the company has 33 projects on hand, an increase from 32 projects as of March 31, 2025 [1] - The total value of projects in hand is approximately HKD 739.2 million, up from about HKD 343.3 million as of March 31, 2025 [1]

Financial Performance - Revenue decreased from approximately HKD 265.3 million for the six months ended September 30, 2024, to approximately HKD 155.9 million for the six months ended September 30, 2025, representing a decrease of approximately HKD 109.4 million or 41.2%[5] - Gross profit decreased from approximately HKD 2.9 million for the six months ended September 30, 2024, to approximately HKD 0.8 million for the six months ended September 30, 2025, representing a decrease of approximately HKD 2.1 million or 72.3%[5] - The group recorded a loss attributable to owners of the company of approximately HKD 9.0 million for the six months ended September 30, 2025, compared to approximately HKD 7.2 million for the six months ended September 30, 2024[5] - Basic loss per share attributable to owners of the company was approximately HKD 0.9 cents for the six months ended September 30, 2025, compared to approximately HKD 0.7 cents for the six months ended September 30, 2024[5] - The company reported a loss attributable to owners of HKD 9,046,000 for the six months ended September 30, 2025, compared to a loss of HKD 7,164,000 for the same period in 2024[24] - Basic and diluted loss per share for the six months ended September 30, 2025, was HKD 0.9, compared to HKD 0.7 for the same period in 2024[24] - The company recorded a total loss and comprehensive expenses of approximately HKD 9.0 million for the six months ended September 30, 2025, compared to approximately HKD 7.2 million for the same period in 2024[41] Dividend and Shareholder Information - The board has resolved not to declare an interim dividend for the six months ended September 30, 2025, and 2024[5] - The company did not recommend the declaration of an interim dividend for the six months ended September 30, 2025[25] - The board has resolved not to declare an interim dividend for the six months ending September 30, 2025, and 2024[60] - The company has maintained a minimum of 25% of its issued share capital held by the public as of September 30, 2025[67] Assets and Liabilities - Total assets as of September 30, 2025, were approximately HKD 297.7 million, down from approximately HKD 321.1 million as of March 31, 2025[7] - Total liabilities as of September 30, 2025, were approximately HKD 34.4 million, down from approximately HKD 48.7 million as of March 31, 2025[8] - Cash and cash equivalents increased to approximately HKD 22.2 million as of September 30, 2025, from approximately HKD 18.8 million as of March 31, 2025[7] - Trade receivables decreased to approximately HKD 72.7 million as of September 30, 2025, from approximately HKD 83.8 million as of March 31, 2025[7] - The net trade receivables as of September 30, 2025, were HKD 72,668,000, down from HKD 83,759,000 as of March 31, 2025[26] - Contract assets totaled HKD 194,661,000 as of September 30, 2025, compared to HKD 208,398,000 as of March 31, 2025[27] - Trade payables decreased to HKD 8,453,000 from HKD 20,487,000, indicating a significant reduction of 58.7%[28] - As of September 30, 2025, bank borrowings amounted to approximately HKD 13.6 million, up from approximately HKD 8.8 million as of March 31, 2025[43] - The debt-to-equity ratio increased to approximately 5.2% as of September 30, 2025, from 3.2% as of March 31, 2025[44] Operational Highlights - The company is engaged in providing construction services for public and private residential and commercial properties in Hong Kong and Cambodia[10] - Major customers contributing over 10% of total revenue included Customer 1 with HKD 34,925,000, Customer 2 with HKD 29,874,000, and Customer 3 with HKD 28,554,000[18] - Employee benefits expenses, including director remuneration, decreased to HKD 11,730,000 from HKD 24,315,000, representing a reduction of 51.8%[21] - As of September 30, 2025, the company had 33 projects on hand, with a total project value of approximately HKD 739.2 million, compared to 32 projects valued at approximately HKD 343.3 million as of March 31, 2025[31] - The company adopted a selective bidding strategy, focusing on projects with strong financial reliability and manageable operational risks, resulting in a stable order book[30] - The company is actively expanding into Southeast Asia, aiming to diversify revenue sources and reduce reliance on the local market[32] - Administrative expenses decreased from approximately HKD 10.7 million to approximately HKD 8.5 million, a reduction of about HKD 2.2 million or 20.2%[38] - Other income for the six months ended September 30, 2025, was HKD 46,000, primarily from a youth employment and training program[20] - Service costs decreased from approximately HKD 262.4 million to approximately HKD 155.1 million, a reduction of about HKD 107.3 million or 40.9%[34] Governance and Management - The company has no significant investments or capital asset plans beyond those disclosed in the prospectus as of the mid-term announcement date[59] - The audit committee reviewed the interim financial results for the six months ending September 30, 2025, and confirmed compliance with applicable accounting standards and regulations[69] - The company has adopted a share option scheme, but no options were granted, exercised, canceled, or lapsed during the six months ending September 30, 2025[64] - The board expresses gratitude for the efforts of management and staff during the reporting period[71] - The chairman and CEO of GC Construction Holdings Limited is Chen Qiaosen[71] - The board includes executive directors Chen Qiaosen, Chen Yongping, and Chen Cuiying, along with independent non-executive directors[71] - The board consists of a diverse group of directors, including professionals from various fields[71] - The company emphasizes the importance of teamwork and collaboration in achieving its goals[71] - The management team is committed to continuous improvement and dedication to the company's mission[71] - The company aims to maintain transparency and accountability to its stakeholders[71] - The board's composition reflects a commitment to governance and strategic oversight[71] Miscellaneous - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the six months ending September 30, 2025[63] - The total proceeds from the share issuance on October 10, 2022, amounted to HKD 125 million, with net proceeds of approximately HKD 91.8 million after deducting underwriting commissions and related expenses[56] - The planned use of net proceeds includes funding for project costs (HKD 67 million), expanding workforce and office space (HKD 9.9 million), and purchasing machinery and vehicles (HKD 2.7 million)[57] - The announcement date is November 25, 2025[71] - The group faced minimal foreign exchange risk as most transactions and assets were denominated in HKD, with no foreign exchange hedging conducted for the six months ending September 30, 2025[52] - As of September 30, 2025, the group employed 45 staff members, down from 55 as of March 31, 2025, with compensation packages including salaries and bonuses based on qualifications and performance reviews[54]