Financial Performance - For the fiscal year ending December 31, 2025, the company reported total revenue of approximately RMB 2,217.9 million, a decrease of 13.8% compared to RMB 2,574.3 million in 2024[4] - Gross profit for the same period was RMB 427.3 million, reflecting a 12.9% increase from RMB 378.4 million in the previous year, resulting in a gross margin of 19.3%[4] - Net profit for the fiscal year was approximately RMB 140.0 million, down 1.3% from RMB 141.8 million in 2024[4] - Total revenue for the year ended December 31, 2025, was approximately RMB 2,217.9 million, a decrease of about RMB 356.4 million or 13.8% compared to the previous year[15] - Basic earnings per share decreased to RMB 0.32 from RMB 0.33, reflecting a decline of 3.0%[62] - Profit for the period decreased by approximately 1.3% or RMB 1.8 million, totaling RMB 140.0 million for the year ending December 31, 2025, attributed to increased distribution and sales expenses as well as R&D costs[29] Revenue Breakdown - Revenue from standard prefabricated pipeline products reached approximately RMB 490.8 million, accounting for 22.1% of total revenue, a 24.7% increase year-on-year[11] - The company's steel pipe products generated revenue of approximately RMB 1,410.5 million, representing 63.6% of total revenue, with significant growth in resistance welded and spiral submerged arc welded pipes[12] - Revenue from steel coil trading for the year ended December 31, 2025, was approximately RMB 288.9 million, a decrease of about RMB 661.1 million or 69.6% year-on-year, primarily due to a strategic decision to reduce the scale of the steel coil trading business[18] - Revenue from resistance welded steel pipes increased to approximately RMB 480.3 million, up about 175.8 million or 57.7% year-on-year, also due to increased sales volume[17] - Revenue from the sale of spiral submerged arc welded steel pipes was RMB 552,611,000 in 2025, up 8.8% from RMB 507,659,000 in 2024[72] - Revenue from custom steel pipes remained stable at RMB 377,607,000 in 2025, slightly up from RMB 376,973,000 in 2024[72] Operational Efficiency - The company has strengthened its operational efficiency and structural optimization to navigate challenges in both domestic and overseas markets[9] - The company aims to enhance its market presence and technical collaboration to drive quality improvement and efficiency initiatives[9] - The company plans to enhance its capabilities through strategies focused on marketing, technology, production, and team efficiency to achieve sustainable growth[56] Cost Management - Distribution and selling expenses increased to approximately RMB 127.4 million, up about 34.5% or RMB 32.7 million year-on-year, primarily due to increased shipping and transportation costs[23] - Administrative expenses rose to approximately RMB 70.3 million, an increase of about 9.3% or RMB 6.0 million year-on-year, mainly due to higher certification and leasing costs[24] - Research and development costs increased to approximately RMB 79.3 million, up about 13.1% or RMB 9.2 million year-on-year, representing about 3.6% of total revenue[25] Market Dynamics - Revenue from the domestic market accounted for 54.8% of total revenue in 2025, down from 68.0% in 2024, while revenue from overseas markets increased, particularly from other Asian countries[19] - The steel pipe industry is currently facing significant pressure due to a downturn, with traditional construction steel pipe demand declining sharply[55] - The company anticipates a development window for overcoming challenges in the steel pipe industry in 2026, driven by increased infrastructure investment and new projects[56] Financial Position - Total assets decreased to RMB 1,591,312 from RMB 1,662,442, a reduction of 4.3%[63] - Current liabilities decreased to RMB 809,457 from RMB 964,851, a decline of 16.1%[64] - Non-current assets increased to RMB 524,807 from RMB 471,721, an increase of 11.3%[63] - The company reported a total equity of RMB 1,231,577, up from RMB 1,141,343, an increase of 7.9%[64] - The debt-to-equity ratio improved to approximately 5.9% as of December 31, 2025, down from 6.1% as of December 31, 2024, due to an increase in total equity[30] Cash Flow - Cash used in operating activities improved from a net outflow of approximately RMB 158.9 million for the year ending December 31, 2024, to a net outflow of approximately RMB 4.5 million for the year ending December 31, 2025[31] - Cash generated from investing activities shifted from a net outflow of approximately RMB 158.5 million for the year ending December 31, 2024, to a net inflow of approximately RMB 11.4 million for the year ending December 31, 2025[32] Employee and Governance - Employee costs for the year ending December 31, 2025, are approximately RMB 110.6 million, down from RMB 122.9 million for the previous year[52] - The total number of employees increased to 1,313 as of December 31, 2025, compared to 1,229 a year earlier, with 1,055 located in China[53] - The company has adopted the standard code of conduct for securities transactions by directors as per the listing rules[110] - The board has reviewed the corporate governance practices and believes compliance with the applicable code provisions has been maintained[111] Environmental Initiatives - The company has implemented measures to reduce hazardous waste, achieving a 20% reduction in waste acid generation through resource recovery techniques[60] - The company utilized 8.99 million kWh of green electricity during the reporting period, with photovoltaic power generation becoming a core support for its green transformation[61]

（ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1553） 董事會會議通告 迈科管業控股有限公司（「本公司」，及其附屬公司統稱（「本集團」））董事會（「董事會」）謹 此通告，董事會謹訂於二零二六年三月二十四日（星期二）舉行董事會會議，以（其中包括）： 1. 考慮及批准本集團截至二零二五年十二月三十一日止年度的年度業績； 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 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 MAIKE TUBE INDUSTRY HOLDINGS LIMITED （ 邁 科 管 業 控 股 有 限 公 司 ） 主席兼執行董事 郭雷 香港，二零二六年三月十六日 於本公告日期，本公司之執行董事為郭雷先生、王寧先生及楊書峰先生；本公司之非執 行董事為孔令磊先生及趙雪蓮女士及本公司之獨立非執行董事為劉鳳元先生、丁曉東先 生及孫永喜先生。 2. 考慮建議宣派末期股息（如有）；及 3. 處理其他事項。 承董事會命 邁科管業控股有限公司 ...

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 本月底法定/註冊股本總額： USD 500,000 FF301 第 1 頁 共 10 頁 v 1.2.0 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 公司名稱: 邁科管業控股有限公司 呈交日期: 2026年2月4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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | ...

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 公司名稱: 邁科管業控股有限公司 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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本總額 ...

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: 邁科管業控股有限公司 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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本總 ...

Executive Compensation - The company reported a total compensation of RMB 565,000 for the CEO in the fiscal year 2024, which includes a salary of RMB 400,000 and other benefits[5] - In the fiscal year 2023, the CEO's total compensation was RMB 416,000, with no additional benefits reported[5] - The company is committed to transparency regarding executive compensation as per the listing rules[3] Leadership Changes - The company has appointed Mr. Zhou Zhiwei as CEO on August 1, 2023, and he will resign on December 1, 2024[4] Financial Reporting - The financial reports for the fiscal years 2023 and 2024 have been published, detailing the company's performance and future outlook[3] - The board of directors has confirmed that all other information in the annual reports remains unchanged[5] - The company is focused on maintaining compliance with regulatory requirements in its financial disclosures[3] - The fiscal year 2023 ended on December 31, 2023, and the fiscal year 2024 will end on December 31, 2024[3] - The company emphasizes the importance of accurate and complete financial reporting to stakeholders[1] Governance Structure - The board consists of both executive and non-executive directors, ensuring a diverse governance structure[6]

公司名稱: 邁科管業控股有限公司 呈交日期: 2025年12月3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 致：香港交易及結算所有限公司 | 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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本 ...

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10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: 邁科管業控股有限公司 呈交日期: 2025年11月3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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本 ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 邁科管業控股有限公司 呈交日期: 2025年10月3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) | 01553 | 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 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本總 ...

Financial Performance - The group reported a significant increase in revenue, achieving a total of HKD 500 million for the first half of 2025, representing a 15% growth compared to the same period last year[11]. - The company recorded total revenue of approximately RMB 1,281.0 million for the six months ended June 30, 2025, representing a year-on-year increase of 10.2%[20]. - Revenue for the six months ended June 30, 2025, reached RMB 1,280,978,000, a 10.2% increase from RMB 1,162,024,000 for the same period in 2024[24]. - The net profit for the same period was approximately RMB 86.5 million, reflecting a year-on-year growth of 6.2%[12]. - The net profit for the six months ended June 30, 2025, was RMB 83.2 million, a 2.2% increase from RMB 81.5 million for the same period in 2024, mainly driven by increased gross profit[35]. - Gross profit increased by approximately 31.7% to RMB 219.6 million for the six months ended June 30, 2025, compared to RMB 166.8 million for the same period in 2024, with a gross margin improvement of 2.8%[26]. - Basic earnings per share for the period was RMB 0.199, compared to RMB 0.188 for the same period last year, reflecting a growth of 5.8%[95]. Revenue Breakdown - Revenue from standard prefabricated pipeline products was approximately RMB 204.3 million, accounting for 16.0% of total revenue, with a year-on-year increase of 10.7%[15]. - Revenue from electric resistance welded steel pipes was approximately RMB 240.5 million, a significant increase of 136.1% year-on-year[16]. - Revenue from spiral submerged arc welded steel pipes was approximately RMB 317.3 million, reflecting a year-on-year increase of 78.6%[16]. - Revenue from customized steel pipes decreased by 5.2% year-on-year to approximately RMB 206.7 million, primarily due to lower selling prices[16]. - Revenue from the assembly pipeline system design and supply increased by 70.9% year-on-year to approximately RMB 32.0 million[17]. - Steel coil trading revenue decreased by approximately 39.2% year-on-year to RMB 280.2 million, mainly due to increased orders for steel pipe products[18]. Market Expansion and Strategy - User data indicates that the group has expanded its customer base by 20%, with a notable increase in overseas sales contributing to this growth[11]. - Market expansion efforts are focused on Southeast Asia, with plans to enter three new countries by the end of 2025, aiming for a 25% increase in market share[11]. - The company is considering strategic acquisitions to enhance its product offerings and market presence, with potential targets identified in the HVAC sector[11]. - The company plans to implement a dual-track strategy in overseas markets, focusing on both consolidating existing shares and breaking into emerging markets[77]. Research and Development - The group is investing in research and development, allocating approximately HKD 50 million to innovate in pipeline system assembly technologies[11]. - New product development includes the introduction of advanced prefabricated pipeline joint products, which are expected to enhance market competitiveness and meet international standards[11]. - Research and development costs increased by 36.1% to RMB 39.3 million for the six months ended June 30, 2025, representing approximately 3.1% of total revenue, up from 2.5% in the same period in 2024[31]. - Research and development costs increased to RMB 39,338,000, up from RMB 28,894,000 in 2024, indicating a focus on innovation[95]. Operational Efficiency - The group has implemented new strategies to improve operational efficiency, resulting in a 5% reduction in production costs[11]. - The company aims to leverage building information modeling and 3D design systems to optimize customer solutions and reduce material waste[11]. - The company has successfully reduced energy consumption of dust removal facilities by 5% through optimization measures[80]. Financial Position and Cash Flow - Net cash used in operating activities increased to RMB 101.3 million for the six months ended June 30, 2025, compared to RMB 70.1 million for the same period in 2024[40]. - The company reported a net cash outflow from operating activities of RMB (101,259) thousand for the six months ended June 30, 2025, compared to RMB (70,098) thousand for the same period in 2024, indicating a decline in operational cash flow[103]. - The company's cash and cash equivalents increased to RMB 104,068 thousand from RMB 77,294 thousand, showing a significant rise of about 34.5%[103]. - The total equity as of June 30, 2025, was RMB 1,179,620 thousand, up from RMB 1,141,343 thousand at the end of 2024, marking an increase of approximately 3.4%[99]. Employee and Management Information - The group had a total of 1,207 employees as of June 30, 2025, down from 1,229 employees as of December 31, 2024, with 956 located in China (including Hong Kong), 177 in Vietnam, and 74 in Thailand[62]. - Employee costs, including director remuneration and other forms of compensation, were approximately RMB 57.4 million for the six months ended June 30, 2025, compared to RMB 57.7 million for the same period in 2024[62]. - The remuneration for directors and key management personnel decreased to RMB 1,270 thousand for the six months ended June 30, 2025, down from RMB 2,375 thousand for the same period in 2024, a decline of 46.5%[152]. Compliance and Governance - The company maintained compliance with corporate governance codes and standards throughout the reporting period[83][84]. - The audit committee confirmed adherence to applicable accounting standards and regulations for the financial reporting period[85]. Dividends and Shareholder Information - The group did not recommend any dividend distribution for the six months ended June 30, 2025, consistent with the previous year[56]. - The company's dividend declared for the year ended December 31, 2024, was RMB 47,694,000, slightly higher than RMB 47,314,000 in 2023, indicating a marginal increase of about 0.8%[124].