致：香港交易及結算所有限公司 公司名稱: 中國派對文化控股有限公司 ( 根據開曼群島法律註冊成立的有限公司) 呈交日期: 2026年4月1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: 2026年3月31日 狀態: 新提交 | 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) | 01532 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | 50,000,000 | 本月底法定 ...

Financial Performance - The total revenue for the year ending December 31, 2025, is RMB 193,631,000, a decrease of 6.5% compared to RMB 206,392,000 for the year ending December 31, 2024[2]. - The gross profit for the same period is RMB 32,177,000, down 10.0% from RMB 35,990,000 in the previous year[2]. - The operating loss increased to RMB 80,430,000 in 2025 from RMB 53,704,000 in 2024, reflecting a significant decline in operational performance[2]. - The net loss attributable to the company’s equity holders for the year is RMB 79,777,000, compared to RMB 66,884,000 in 2024, indicating a worsening financial position[3]. - The basic loss per share for continuing operations is RMB (3.81), compared to RMB (3.46) in the previous year, showing a decline in earnings per share[4]. - The total comprehensive loss for the year is RMB 104,239,000, up from RMB 68,776,000 in 2024, highlighting increased financial challenges[3]. Revenue Breakdown - For the fiscal year ending December 31, 2025, the total revenue from external customers was RMB 193.631 million, with contributions from the segments being RMB 31.599 million from wigs, RMB 162.032 million from apparel and others, and no revenue from property leasing[21]. - Revenue from wigs was RMB 31,599,000, down from RMB 32,186,000 in the previous year, while revenue from clothing and others was RMB 162,032,000, down from RMB 174,206,000[28]. - The group generated 64.0% of its revenue, amounting to RMB 143,344,000, from a single customer, compared to 74.0% or RMB 178,159,000 in 2024[26]. Asset and Liability Changes - Total non-current assets decreased from RMB 217,548 thousand in 2024 to RMB 190,154 thousand in 2025, a decline of approximately 12.6%[5]. - Current assets decreased from RMB 199,561 thousand in 2024 to RMB 89,971 thousand in 2025, representing a significant drop of about 55.1%[5]. - Total liabilities decreased from RMB 48,151 thousand in 2024 to RMB 17,175 thousand in 2025, a reduction of approximately 64.3%[5]. - The company's net asset value decreased from RMB 363,690 thousand in 2024 to RMB 258,401 thousand in 2025, a decline of about 29%[6]. - The company's equity attributable to owners decreased from RMB 344,225 thousand in 2024 to RMB 258,401 thousand in 2025, a decrease of approximately 25%[6]. Operational Costs - The company reported a significant increase in selling expenses to RMB 11,201,000 in 2025 from RMB 2,206,000 in 2024, indicating higher costs associated with sales efforts[2]. - Other income decreased to RMB 15,854,000 in 2025 from RMB 18,711,000 in 2024, reflecting reduced ancillary revenue streams[2]. - The financing costs rose to RMB 622,000 in 2025 from RMB 351,000 in 2024, suggesting increased borrowing costs[2]. Discontinued Operations - The company has ceased operations in the personal care and home cleaning product business after selling High Kelee Investment Holdings Limited and its subsidiaries[8]. - The company reported a loss from discontinued operations of RMB 11,331,000 in 2025, up from RMB 8,841,000 in 2024, indicating a year-over-year increase of approximately 28%[38]. - The revenue from the discontinued cleaning products business for the period ended November 19, 2025, was RMB 31,071,000, a decrease from RMB 33,935,000 for the year ended December 31, 2024, representing a decline of about 8.4%[41]. Capital Expenditures and Investments - Capital expenditures for the fiscal year ending December 31, 2025, amounted to RMB 38.577 million, with RMB 24.538 million allocated to wigs and RMB 14.039 million to apparel and others[21]. - The company plans to utilize the proceeds from the sale of Zhejiang Zhongpai for expanding and upgrading its manufacturing base in Yichun, Jiangxi Province, with specific allocations for various construction activities totaling RMB 24.15 million[101]. Governance and Compliance - The company has fully complied with the corporate governance code as of December 31, 2025[109]. - The audit committee, consisting of three independent non-executive directors, is responsible for reviewing the financial reporting procedures and internal control systems[112]. - The board of directors consists of three executive directors and three independent non-executive directors[116]. Future Outlook - The company anticipates a recovery in consumer spending and increased demand for affordable fashion, which is expected to drive export growth[107]. - Challenges such as inflation, rising labor costs, and ongoing geopolitical tensions may impact profitability[107]. - The company aims to enhance operational efficiency and effectiveness while seeking opportunities for acquisitions of intellectual property with growth potential[108].

承董事會命 中國派對文化控股有限公司 主席 滕浩 香港，2026年3月11日 於本公佈日期，董事會成員包括 (i) 三名執行董事，即滕浩先生、徐成武先生及陳勁伯先生 ; 及 (ii) 三名獨立非執行董事，即鄭晉閩先生、陳文華先生及彭溆女士。 董事會會議日期 中國派對文化控股有限公司China Partytime Culture Holdings Limited（「本公司」）董事會（「董 事會」）謹此宣佈，本公司董事會會議將於2026年3月31日（星期二）舉行，以考慮及批准（其 中包括）本公司及其附屬公司截至2025年12月31日止之財政年度業績公告及其刊發，以及考 慮派發末期股息之建議（如有）。 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佈之內容概不負責，對其準確 性或完整性亦不發表聲明，並表明不會就本公佈全部或任何部分內容或因依賴該等內容而引 致之任何損失承擔任何責任。 ...

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: 中國派對文化控股有限公司 ( 根據開曼群島法律註冊成立的有限公司) 第 1 頁 共 10 頁 v 1.2.0 FF301 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) | 01532 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 ...

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1月31日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 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) 01532 說明 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 1,807,263,120 0 1,807,263,120 增加 / 減少 (-) 本月底結存 1,807,263,120 0 1,807,263,120 公司名稱: 中國派對文化控股有限公司 ( 根據開曼群島法律註冊成立的有限公司) 呈交日期: 2026年2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) | 01532 | 說明 | | | | | | | | ...

公司名稱: 中國派對文化控股有限公司 ( 根據開曼群島法律註冊成立的有限公司) 呈交日期: 2026年1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) | 01532 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | | 50,000,000 | 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 ...

公司名稱: 中國派對文化控股有限公司 ( 根據開曼群島法律註冊成立的有限公司) 呈交日期: 2025年12月1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) | 01532 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 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 ...

Core Viewpoint - China Party Culture (01532) has entered into a sale agreement with Fuzhou Baihui Technology Co., Ltd. to sell its entire stake in High Kelee Investment Holdings Limited for RMB 20.5 million, indicating a strategic move to streamline operations and focus on core business areas [1] Group 1: Transaction Details - The sale agreement was signed on November 19, 2025, after trading hours [1] - The total consideration for the sale is RMB 20.5 million [1] - Following the completion of the sale, the target group will no longer be a subsidiary of the company, and its financial performance will not be consolidated into the company's financial statements [1] Group 2: Business Rationale - The board reviewed the financial and operational performance of the target group, which primarily operates in the personal and home care product sectors [1] - The board noted that the personal hygiene product market is facing increased competition and that demand has returned to normal levels post-COVID-19, leading to an unclear business outlook for the target group [1] - The sale is seen as an opportunity for the company to realize value from this business and reallocate resources to its core operations, thereby enhancing overall management efficiency [1]

Core Viewpoint - China Party Culture (01532) has entered into a sale agreement with Fuzhou Baihui Technology Co., Ltd. to sell 100% equity of High Kelee Investment Holdings Limited for RMB 20.5 million, which will lead to the target group no longer being a subsidiary and its financial performance not being consolidated into the group's financial statements [1] Group 1: Transaction Details - The sale agreement is set to be completed on November 19, 2025, after trading hours [1] - The total consideration for the sale is RMB 20.5 million [1] Group 2: Business Implications - The target group primarily engages in the business of clothing care, personal care, and home care products [1] - The board has reviewed the financial and operational performance of the target group and noted that the outlook remains uncertain due to intensified competition in the personal hygiene products market and the normalization of demand post-COVID-19 [1] - The sale is expected to streamline the company's business structure, reduce resource allocation, and enhance overall management efficiency [1] - The board views this sale as an opportunity to realize value from the business and reallocate resources to core operations [1]

Core Viewpoint - China Party Culture (01532.HK) announced the sale of its entire stake in High Kelee Investment Holdings Limited for a total consideration of RMB 20.5 million, effective November 19, 2025, after which the target group will no longer be a subsidiary of the company and its financial performance will not be consolidated into the company's financial statements [1]. Group 1 - The company has entered into a sale agreement with Fuzhou Baihui Technology Co., Ltd. for the sale of its stake [1]. - The total consideration for the sale is RMB 20.5 million [1]. - Following the completion of the transaction, the target group will cease to be a subsidiary of the company [1].