FF301 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: Chinney Kin Wing Holdings Limited 建業建榮控股有限公司 (於百慕達註冊成立之有限公司） FF301 II. 已發行股份及/或庫存股份變動 | 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) | 01556 | 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 | | | 1,500,000,000 | | 0 | | 1,500,000,000 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 1,500,000,000 | | 0 | | 1,500,000,000 ...

FF301 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: Chinney Kin Wing Holdings Limited 建業建榮控股有限公司 (於百慕達註冊成立之有限公司） 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) | 01556 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.1 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | H ...

炷偉ấẋ嘇烉1556炸 ⎬ỵ朆䘣姀偉㜙1烉 㕤㛔℔⎠䵚䪁䘤Ự℔⎠忂妲䘬忂䞍 嫡㬌忂䞍 敋ᶳ炻⺢㤕⺢㥖㍏偉㚱旸℔⎠*炷ˬ㛔℔⎠˭炸䘬ᶳ徘℔⎠忂妲2炷ˬ㛔㫉℔⎠忂妲˭炸ᷕˣ劙㔯䇰㛔炻䎦䘤 Ự㕤㛔℔⎠䵚䪁http://www.chinneykinwing.com.hk炷ˬ㛔℔⎠䵚䪁˭炸⍲楁㷗倗⎰Ṍ㖻㚱旸℔⎠炷ˬ倗Ṍ˭炸䵚䪁 www.hkexnews.hk炷ˬ倗Ṍ䵚䪁˭炸ẍὃ教奥烉 CHINNEY KIN WING HOLDINGS LIMITED ⺢㤕⺢㥖㍏偉㚱旸℔⎠* ( 㕤䘦ヽ忼姣Ⅎㆸ䩳ᷳ㚱旸℔⎠ ) • Ḵ暞ḴḼ⸜ᷕ㛇⟙⏲ 婳㕤㛔℔⎠䵚䪁溆㑲ˬ㈽屯侭斄Ὢ˭ᶨ枭炻ℵ溆㐫ˬ㤕䷦⟙⏲˭ㆾ㕤倗Ṍ䵚䪁ℏ嬨⍾㛔㫉℔⎠忂妲ˤ劍 敋ᶳ㖑⇵㚦 天㯪㓞⍾℔⎠忂妲䘬⌘⇟㛔炻㛔㫉℔⎠忂妲䘬⌘⇟㛔晐↥旬ᶲˤ 䁢Ḯ㓗㎜忂忶暣悝忚埴暣⫸忂妲炻⺢嬘朆䘣姀偉㜙⎹ẋ℞㊩㚱偉ấ䘬戨埴ˣ䴻䲨ˣ妿䭉⓮ㆾẋ䎮Ṣ炷䴙䧙ˬᷕṳ㨇㥳˭炸 ㍸ὃ℞㚱㓰䘬暣悝⛘⛨ˤ⤪㛔℔⎠㰺㚱㓞⇘ 敋ᶳ䘬ᷕṳ㨇㥳德忶楁㷗ᷕ⣖䳸䬿炷ẋ䎮Ṣ炸㚱旸℔⎠㍸ὃ 敋ᶳ䘬㚱㓰䘬 暣悝⛘⛨ㆾ悝⭬⛘⛨炻㛔℔⎠⮯ᶵ㚫⎹ 敋ᶳ䘤復䘣庱忂䞍ˤ 劍 敋ᶳⶴ㛃㓞⍾㛔㫉℔⎠忂妲⍲/ㆾ㖍⼴℔⎠忂妲䘬⌘⇟䇰㛔炻婳 ...

CHINNEY KIN WING HOLDINGS LIMITED ⺢㤕⺢㥖㍏偉㚱旸℔⎠ī ĩ㕤䘦ヽ忼姣Ⅎㆸ䩳ᷳ㚱旸℔⎠Īġ 偉㜙㚱屔ả㍸ὃ㚱㓰䘬暣悝⛘⛨ˤ劍 敋ᶳ㰺㚱㍸ὃ㚱㓰䘬暣悝⛘⛨炻㛔℔⎠⮯德忶悝⭬㕡⺷⎹ 敋ᶳ䘤復 (i) 㕤 㛔℔⎠䵚䪁䘣庱℔⎠忂妲䘬忂䞍↥炻ẍ⍲(ii) 㚱㖍⼴⎗ὃ㍉⍾埴≽䘬℔⎠忂妲2䘬⌘⇟䇰㛔炻䚜军 敋ᶳ⎹㛔℔⎠䘬 楁㷗偉ấ忶㇞䘣姀↮嗽㍸ὃ㚱㓰䘬暣悝⛘⛨ẍ㍍㓞娚䫱℔⎠忂妲䘬暣⫸䇰㛔ˤ⤪㝄㛔℔⎠⎹偉㜙㍸ὃ䘬暣悝⛘⛨䘤 復℔⎠忂妲⍲/ㆾ⎗ὃ㍉⍾埴≽䘬℔⎠忂妲侴㛒㓞⇘ảỽˬ㛒復忼˭ᾉ〗炻⇯㛔℔⎠⮯塓夾䁢思⬰倗Ṍ嫱⇠ᶲⶪ 夷⇯ˤ 敋ᶳ⎗晐㗪ẍ⠓⥍ˣ䯥会⍲Ṍ⚆旬⣱䘬嬲㚜䓛婳堐㟤炷ˬ嬲㚜䓛婳堐㟤˭炸ㆾ䘤復㚠朊忂䞍军楁㷗偉ấ忶㇞䘣姀↮ 嗽炷⤪ᶲ徘⛘⛨炸ㆾ暣悝军is-ecom@vistra.com炻ẍ㚜㓡㖍⼴℔⎠忂妲䘬㓞⍾㕡⺷⍲婆妨䇰㛔䘬怠㑯ㆾ䳊⍾㛔㫉℔⎠ 忂妲䘬⌘⇟㛔ˤ⛐㓞⇘ 敋ᶳ䳊⍾㛔㫉℔⎠忂妲䘬⌘⇟㛔䘬㚠朊⼊⺷婳㯪⼴炻㛔℔⎠㚫䚉⾓⮯䚠斄㛔㫉℔⎠忂妲䘬⌘ ⇟㛔屣⎹ 敋ᶳ⭬䘤ˤ婳㲐シ炻㓞⍾㖍⼴℔⎠忂妲䘬⌘⇟䇰㛔天㯪⮯䚜军Ḵ暞ḴḼ⸜⋩Ḵ㚰ᶱ⋩ᶨ㖍⇘㛇⇵㚱㓰炻 昌朆塓㑌扟ㆾ⍾ẋ炷ẍ庫㖑侭䁢㸾炸ˤ劍 敋 ...

[Company Information](index=2&type=section&id=Company%20Information) This section provides an overview of the company's governance structure, key personnel, financial partners, and operational presence across various regions [Board of Directors and Committees](index=3&type=section&id=Board%20of%20Directors%20and%20Committees) This section lists the executive and independent non-executive directors of the company's board, along with the composition of the Audit, Remuneration, and Nomination Committees - The Board of Directors comprises **6 executive directors** and **4 independent non-executive directors**[5](index=5&type=chunk) - The composition of the Audit, Remuneration, and Nomination Committees is clearly outlined, with Mr. Kong Siu Chee as Audit Committee Chairman, Mr. Tsui Chi Kong as Remuneration Committee Chairman, and Mr. Pong Tai Fan as Nomination Committee Chairman[5](index=5&type=chunk) [Company Secretary, Principal Bankers, and Auditor](index=3&type=section&id=Company%20Secretary,%20Principal%20Bankers,%20and%20Auditor) This section provides information on the company's company secretary, principal bankers, and external auditor, as well as the addresses of its registered and head offices - The Company Secretary is Yu Ding Qian[5](index=5&type=chunk) - Principal bankers include The Hongkong and Shanghai Banking Corporation Limited, The Bank of East Asia, Limited, Hang Seng Bank Limited, and others[5](index=5&type=chunk) - The auditor is Ernst & Young[5](index=5&type=chunk) - The company's stock code is **01556**[6](index=6&type=chunk) [Business Locations and Contact Information](index=4&type=section&id=Business%20Locations%20and%20Contact%20Information) This section details the business locations and contact information for K. C. Group Holdings Limited and its principal subsidiaries in Hong Kong, Macau, and Singapore - K. C. Group Holdings Limited's head office is located at Room 2308, 23rd Floor, Wing On Centre, 111 Connaught Road Central, Hong Kong[7](index=7&type=chunk) - Principal subsidiaries such as K. C. Engineering Limited, Wing Fung Engineering Limited, and Drilltech Geotechnical Engineering Limited have business locations in Hong Kong, Macau, and Singapore[8](index=8&type=chunk)[9](index=9&type=chunk)[10](index=10&type=chunk)[11](index=11&type=chunk)[12](index=12&type=chunk) [Chairman's Statement](index=5&type=section&id=Chairman's%20Statement) This statement reviews the Group's financial performance, operational highlights, and strategic outlook, emphasizing growth, market challenges, and future development plans [Financial Performance and Dividend Policy](index=5&type=section&id=Financial%20Performance%20and%20Dividend%20Policy) The Group achieved significant growth in revenue and profit during the reporting period, but the Board recommends not declaring an interim dividend 2025 First Half Financial Performance Comparison | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Revenue | 1,205,100 | 1,102,100 | +9.4% | | Profit and Total Comprehensive Income | 62,100 | 55,200 | +12.5% | - The Board recommends not declaring an interim dividend for the six months ended June 30, 2025 (2024: nil)[14](index=14&type=chunk) [Business and Operations Review](index=5&type=section&id=Business%20and%20Operations%20Review) The Group primarily engages in foundation construction and ancillary services, and drilling and site investigation works in Hong Kong, with numerous projects underway in both segments during the reporting period - The Group is engaged in foundation construction and ancillary services (Foundation Segment) and drilling and site investigation works (Drilling Segment) for public and private organizations in Hong Kong[15](index=15&type=chunk) Projects Overview as of June 30, 2025 | Segment | Number of Ongoing Projects | Contract Value (HKD) | | :--- | :--- | :--- | | Foundation Segment | 21 | 3,472,400,000 | | Drilling Segment | 46 | 1,118,000,000 | [Outlook and Future Plans](index=5&type=section&id=Outlook%20and%20Future%20Plans) Hong Kong's economy is steadily expanding with government infrastructure investment providing a growth framework, but private sector activity is shrinking, intensifying market competition; the Group will adopt a prudent strategy, focusing on risk-adjusted returns, and investing in talent development, digital innovation, and business diversification - Hong Kong's economy expanded steadily by **3.1% year-on-year** in real GDP during the second quarter of 2025, driven by regional development momentum and government stimulus measures[16](index=16&type=chunk) - The 2025-26 Budget reaffirms the government's commitment to long-term infrastructure and housing policies, allocating **HKD 3.7 billion** to accelerate the development of the Northern Metropolis[16](index=16&type=chunk) - Construction sector performance was mixed, with public sector output rebounding by **17.4%**, but private sector activity continuing to shrink by **10.7%**, and transport-related construction falling by **19.4%**[17](index=17&type=chunk) - Reduced tender preparation has intensified competition, leading the Group to maintain a prudent and selective strategy, focusing on risk-adjusted returns to preserve profit margins and manage risks[17](index=17&type=chunk) - The Group invests in K. C. Group Academy for systematic new talent training and actively invests in Artificial Intelligence (AI) applications and next-generation IT systems to enhance efficiency[18](index=18&type=chunk) - Drilltech successfully secured offshore exploration contracts and expanded laboratory testing services, while Wing Fung Engineering Limited actively explores development opportunities in site formation and civil engineering[19](index=19&type=chunk) - The Group will continue to prioritize investments in automation technology, modern equipment, and warehouse optimization, while expanding its business footprint in both public and private infrastructure markets[19](index=19&type=chunk) - Under the guidance of the Environmental, Social and Governance Committee, the Group is advancing carbon emission monitoring, employee well-being, and community engagement activities to strengthen its sustainability commitments[19](index=19&type=chunk) - Looking ahead, the Group will focus on enhancing operational resilience, seizing cross-sector growth opportunities, exploring alternative supply chain solutions for cost savings, and optimizing resource allocation and strengthening risk management[20](index=20&type=chunk) [Management Discussion and Analysis](index=7&type=section&id=Management%20Discussion%20and%20Analysis) This section provides a detailed analysis of the Group's financial performance, including revenue, profit, financial position, cash flows, and significant related party transactions [Revenue and Profit Analysis](index=7&type=section&id=Revenue%20and%20Profit%20Analysis) The Group's revenue and net profit both increased, primarily due to strong performance in the Foundation Segment and higher other income, despite a decline in Drilling Segment revenue and a slight decrease in gross profit margin due to intensified competition 2025 First Half Revenue Composition and Change | Segment | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Total Revenue | 1,205,100 | 1,102,100 | +9.4% | | Foundation Segment Revenue | 1,036,700 | 805,800 | +28.6% | | Drilling Segment Revenue | 168,400 | 296,200 | -43.1% | - The increase in Foundation Segment revenue was mainly due to the satisfactory progress of several foundation and pile cap contracts, while the decrease in Drilling Segment revenue was primarily due to higher-value contracts gradually nearing completion[23](index=23&type=chunk) 2025 First Half Gross Profit and Gross Profit Margin Change | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Gross Profit | 189,500 | 174,500 | +8.6% | | Gross Profit Margin | 15.7% | 15.8% | -0.1% | - The slight decrease in gross profit margin was due to intensified competition for new projects, with the Group maximizing contract profits through stringent project cost control[24](index=24&type=chunk) 2025 First Half Other Income and Gains Change | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Other Income and Gains | 15,700 | 10,700 | +46.8% | - The increase in other income was mainly due to interest income of **HKD 7,500,000** from a loan to a related company, partially offset by a decrease in bank deposit interest income[25](index=25&type=chunk) 2025 First Half Administrative Expenses Change | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Administrative Expenses | 125,300 | 119,800 | +4.6% | - The increase in administrative expenses was mainly due to an increase in staff costs of **HKD 4,400,000** and an increase in repair and maintenance costs of **HKD 1,500,000**[26](index=26&type=chunk) 2025 First Half Net Profit Change | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Net Profit | 62,100 | 55,200 | +12.5% | - The increase in net profit was mainly attributable to an increase in gross profit of **HKD 15,100,000** and an increase in other income of **HKD 5,000,000**, partially offset by an increase in administrative expenses of **HKD 5,500,000** and an increase in impairment of trade receivables of **HKD 4,500,000**[27](index=27&type=chunk) [Financial Review](index=8&type=section&id=Financial%20Review) The Group maintains a robust financial position with ample liquidity and no debt, adopting a prudent financing policy, and contingent liabilities primarily consist of performance guarantees Bank and Time Deposit Balances | Date | Balance (HK$'000) | | :--- | :--- | | June 30, 2025 | 634,400 | | December 31, 2024 | 562,500 | - The increase in bank and time deposit balances was mainly due to net cash inflows from securing several large foundation and site investigation contracts[28](index=28&type=chunk) - The Group maintained a **sound financial position** and remained **debt-free** during the review period[28](index=28&type=chunk) - The Group adopts a prudent financing and financial policy, closely monitoring its liquidity position[29](index=29&type=chunk) Contingent Liabilities | Date | Amount (HK$'000) | | :--- | :--- | | June 30, 2025 | 261,100 | | December 31, 2024 | 268,500 | - Contingent liabilities primarily consist of corporate guarantees and counter-indemnities provided to banks and insurance companies for performance bonds issued by the Group[30](index=30&type=chunk) - As of June 30, 2025, the Group employed **723 staff** in Hong Kong, with remuneration packages reviewed annually and various benefits provided[31](index=31&type=chunk) [Related Party Transactions](index=9&type=section&id=Related%20Party%20Transactions) The Group engaged in two main related party transactions: a loan to K. C. Industries Limited and a framework agreement for construction services with members of K. Wah Group Limited - The Company provided a loan of **HKD 250,000,000** to K. C. Industries Limited at an annual interest rate of **6%**, with the repayment period approved for a further **12-month extension**[32](index=32&type=chunk)[69](index=69&type=chunk) - For the period ended June 30, 2025, interest income receivable/received under the loan agreement was approximately **HKD 7,500,000**[33](index=33&type=chunk) - A framework agreement was signed with members of K. Wah Group Limited to provide certain services for three years from January 1, 2025, to December 31, 2027, with an annual cap of **HKD 135,000,000**[34](index=34&type=chunk) - For the period ended June 30, 2025, amounts receivable/received under the framework agreement were approximately **HKD 1,500,000**[35](index=35&type=chunk) [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=10&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) This statement presents the Group's financial performance for the period, detailing revenue, costs, profits, and comprehensive income [Profit or Loss Statement Overview](index=10&type=section&id=Profit%20or%20Loss%20Statement%20Overview) During the reporting period, the company's revenue increased by **9.4%** year-on-year to **HKD 1,205,100 thousand**, and gross profit grew by **8.6%** to **HKD 189,541 thousand**; despite increased administrative expenses and impairment of trade receivables, profit and total comprehensive income for the period still rose by **12.5%** to **HKD 62,084 thousand**, with basic earnings per share at **4.14 HK cents** 2025 First Half Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income Key Data | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | | :--- | :--- | :--- | | Revenue | 1,205,100 | 1,102,053 | | Cost of construction | (1,015,559) | (927,571) | | Gross Profit | 189,541 | 174,482 | | Other income and gains | 15,705 | 10,695 | | Administrative expenses | (125,269) | (119,809) | | Impairment of trade receivables | (4,468) | – | | Finance costs | (5) | (56) | | Profit before tax | 75,504 | 65,312 | | Income tax expense | (13,420) | (10,115) | | Profit and total comprehensive income for the period | 62,084 | 55,197 | | Basic and diluted earnings per share | 4.14 HK cents | 3.68 HK cents | [Condensed Consolidated Statement of Financial Position](index=11&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) This statement presents the Group's assets, liabilities, and equity at a specific point in time, providing a snapshot of its financial health [Financial Position Overview](index=11&type=section&id=Financial%20Position%20Overview) As of June 30, 2025, the company's total assets slightly increased, and net current assets remained robust; total non-current assets were **HKD 498,468 thousand**, and total current assets were **HKD 1,604,398 thousand**, with significant increases in trade receivables and cash and cash equivalents; total current liabilities were **HKD 1,257,085 thousand**, mainly comprising other payables and accrued expenses 2025 June 30 Condensed Consolidated Statement of Financial Position Key Data | Indicator | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | | :--- | :--- | :--- | | Total non-current assets | 498,468 | 502,061 | | Total current assets | 1,604,398 | 1,502,488 | | Trade receivables | 270,071 | 203,081 | | Loan to a related company | 250,000 | 250,000 | | Cash and cash equivalents | 604,422 | 562,530 | | Total current liabilities | 1,257,085 | 1,159,486 | | Trade payables and retention money | 191,112 | 265,633 | | Other payables and accrued expenses | 1,056,530 | 888,225 | | Net current assets | 347,313 | 343,002 | | Net assets | 805,242 | 803,157 | | Total equity | 805,242 | 803,157 | [Condensed Consolidated Statement of Changes in Equity](index=12&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) This statement illustrates the changes in the Group's equity over the reporting period, reflecting profits, dividends, and other comprehensive income [Equity Changes Overview](index=12&type=section&id=Equity%20Changes%20Overview) As of June 30, 2025, the company's total equity increased from **HKD 803,157 thousand** at the beginning of the period to **HKD 805,242 thousand**, primarily due to the contribution from profit and total comprehensive income for the period, partially offset by declared final and special dividends 2025 First Half Condensed Consolidated Statement of Changes in Equity | Indicator | June 30, 2025 (HK$'000) | January 1, 2025 (HK$'000) | | :--- | :--- | :--- | | Total Equity | 805,242 | 803,157 | | Profit and total comprehensive income for the period | 62,084 | N/A | | Final and special dividends declared for 2024 | (60,000) | N/A | - In the corresponding period of 2024, total equity increased from **HKD 730,206 thousand** to **HKD 725,403 thousand**, with profit and total comprehensive income for the period at **HKD 55,197 thousand**, and final and special dividends declared for 2023 at **(HKD 60,000 thousand)**[39](index=39&type=chunk) [Condensed Consolidated Statement of Cash Flows](index=13&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) This statement provides insights into the Group's cash generation and utilization from operating, investing, and financing activities [Cash Flow Overview](index=13&type=section&id=Cash%20Flow%20Overview) For the six months ended June 30, 2025, net cash inflow from operating activities was **HKD 102,313 thousand**, a significant decrease from the prior year; net cash outflow from investing activities increased to **HKD 60,343 thousand**, mainly due to purchases of property, plant and equipment and an increase in time deposits; net cash outflow from financing activities remained low; cash and cash equivalents at the end of the period increased to **HKD 604,422 thousand** 2025 First Half Condensed Consolidated Statement of Cash Flows Key Data | Indicator | 2025 First Half (HK$'000) | 2024 First Half (HK$'000) | | :--- | :--- | :--- | | Net cash inflow from operating activities | 102,313 | 200,010 | | Net cash outflow from investing activities | (60,343) | (29,676) | | Net cash outflow from financing activities | (78) | (426) | | Net increase in cash and cash equivalents | 41,892 | 169,908 | | Cash and cash equivalents at end of period | 604,422 | 736,443 | - The decrease in operating cash inflow was mainly affected by an increase in trade receivables and a decrease in trade payables and retention money[42](index=42&type=chunk) - The increase in investing cash outflow was primarily due to higher capital expenditure on property, plant and equipment (**HKD 46,353 thousand** vs **HKD 39,143 thousand**) and an increase in time deposits of **HKD 30,000 thousand**[42](index=42&type=chunk) [Notes to the Condensed Consolidated Interim Financial Statements](index=15&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Interim%20Financial%20Statements) This section provides detailed explanations and disclosures supporting the condensed consolidated interim financial statements [Company Information and Accounting Policies](index=15&type=section&id=Company%20Information%20and%20Accounting%20Policies) This section reiterates the company's principal business activities and explains the basis of preparation and accounting policies for the interim financial statements, emphasizing consistency with annual financial statements and mentioning newly adopted accounting standards - The Company is an investment holding company, and its subsidiaries are principally engaged in foundation construction and drilling and site investigation works for public and private organizations in Hong Kong[44](index=44&type=chunk) - The unaudited condensed consolidated interim financial statements are prepared in accordance with Hong Kong Accounting Standard 34 and the disclosure requirements of Appendix D2 to the Listing Rules[45](index=45&type=chunk) - The accounting policies used in preparing the interim financial statements are consistent with those followed in the preparation of the 2024 annual financial statements, except for the initial adoption of revised Hong Kong Financial Reporting Standards accounting standards[45](index=45&type=chunk) [Segment Information](index=15&type=section&id=Segment%20Information) The Group categorizes its business into two operating segments based on service type: foundation construction and ancillary services, and drilling and site investigation, with detailed disclosures of revenue, results, assets, and liabilities for each segment - The Group has two reportable operating segments: foundation construction and ancillary services, and drilling and site investigation[47](index=47&type=chunk) 2025 First Half Operating Segment Revenue and Results | Segment | Sales to External Customers (HK$'000) | Segment Results (HK$'000) | | :--- | :--- | :--- | | Foundation Construction and Ancillary Services | 1,036,652 | 55,276 | | Drilling and Site Investigation | 168,448 | 17,589 | | **Total** | **1,205,100** | **72,865** | 2025 June 30 Operating Segment Assets and Liabilities | Segment | Segment Assets (HK$'000) | Segment Liabilities (HK$'000) | | :--- | :--- | :--- | | Foundation Construction and Ancillary Services | 1,441,004 | 725,648 | | Drilling and Site Investigation | 362,513 | 505,450 | | **Total** | **1,803,517** | **1,231,098** | 2024 First Half Operating Segment Revenue and Results | Segment | Sales to External Customers (HK$'000) | Segment Results (HK$'000) | | :--- | :--- | :--- | | Foundation Construction and Ancillary Services | 805,846 | 42,027 | | Drilling and Site Investigation | 296,207 | 24,903 | | **Total** | **1,102,053** | **66,930** | [Details of Revenue, Other Income, and Gains](index=19&type=section&id=Details%20of%20Revenue,%20Other%20Income,%20and%20Gains) This section provides a detailed analysis of customer contract revenue by type, geographical market, and timing of recognition, and specifies the composition of other income and gains, including bank interest income and interest income from related company loans - The Group's customer contract revenue is entirely derived from construction services, generated solely within the Hong Kong market, with revenue recognized over time as services are provided[58](index=58&type=chunk)[59](index=59&type=chunk) 2025 First Half Other Income and Gains Composition | Item | Amount (HK$'000) | | :--- | :--- | | Bank interest income | 6,550 | | Interest income from a loan to a related company | 7,500 | | Exchange gains | 497 | | Others | 1,158 | | **Total** | **15,705** | [Profit Before Tax and Taxation](index=22&type=section&id=Profit%20Before%20Tax%20and%20Taxation) This section lists the adjustments affecting profit before tax, including depreciation, staff welfare expenses, and impairment of trade receivables, and explains the basis for income tax calculation 2025 First Half Profit Before Tax Adjustments | Item | Amount (HK$'000) | | :--- | :--- | | Depreciation of property, plant and equipment | 32,198 | | Depreciation of right-of-use assets | 4,734 | | Staff welfare expenses (including directors' emoluments) | 332,708 | | Impairment of trade receivables | 4,468 | - Hong Kong profits tax is provided at a rate of **16.5%**, with taxes in other regions calculated based on prevailing local tax rates[62](index=62&type=chunk) [Earnings Per Share and Dividends](index=23&type=section&id=Earnings%20Per%20Share%20and%20Dividends) This section provides details on the calculation of basic earnings per share, reiterates the Board's recommendation not to declare an interim dividend, and discloses the final and special dividends paid for 2024 - Basic earnings per share are calculated based on profit attributable to ordinary equity holders of the Company of **HKD 62,084,000** and **1,500,000,000** ordinary shares in issue, amounting to **4.14 HK cents**[63](index=63&type=chunk) - The Group had no ordinary shares with potential dilutive effect in issue for the two periods ended June 30, 2025, and 2024[64](index=64&type=chunk) - The Board recommends not declaring an interim dividend for the six months ended June 30, 2025 (2024: nil)[65](index=65&type=chunk) - The final dividend of **2.0 HK cents** per ordinary share and a special dividend of **2.0 HK cents** per ordinary share for the year ended December 31, 2024, were paid on July 9, 2025[65](index=65&type=chunk) [Details of Assets and Liabilities](index=23&type=section&id=Details%20of%20Assets%20and%20Liabilities) This section details the acquisition of property, plant and equipment, the composition, aging, and concentration risk of trade receivables, the terms of related company loans, and the aging analysis of trade payables and retention money Property, Plant and Equipment Acquisitions | Period | Acquisition Amount (HK$'000) | | :--- | :--- | | 2025 First Half | 46,353 | | 2024 First Half | 39,143 | Trade Receivables | Date | Amount (HK$'000) | | :--- | :--- | | June 30, 2025 | 270,071 | | December 31, 2024 | 203,081 | - Trade receivables face concentration risk, with the largest and top five customers accounting for **23%** and **60%** of the total, respectively (December 31, 2024: **15%** and **33%**)[67](index=67&type=chunk) June 30, 2025 Trade Receivables Aging Analysis | Aging | Amount (HK$'000) | | :--- | :--- | | Current to 30 days | 137,792 | | 31 to 60 days | 65,604 | | 61 to 90 days | 54,904 | | Over 90 days | 11,771 | | **Total** | **270,071** | - A loan of **HKD 250,000,000** to a related company is unsecured, bears interest at **6%** per annum, and its repayment period has been approved for a further **12-month extension**[69](index=69&type=chunk) Trade Payables and Retention Money | Date | Amount (HK$'000) | | :--- | :--- | | June 30, 2025 | 191,112 | | December 31, 2024 | 265,633 | - Trade payables are typically settled within **30 days**, while retention money has a repayment period ranging from **one to two years**[71](index=71&type=chunk) - The issued and fully paid share capital consists of **1,500,000,000 shares** with a par value of **HKD 0.10** per share, totaling **HKD 150,000 thousand**[72](index=72&type=chunk) [Contingent Liabilities and Related Party Transactions](index=26&type=section&id=Contingent%20Liabilities%20and%20Related%20Party%20Transactions) This section discloses the Group's contingent liabilities, primarily performance guarantees, and details significant related party transactions during the period, including rent, franchise fees, purchases, construction revenue, and interest income Contingent Liabilities | Date | Amount (HK$'000) | | :--- | :--- | | June 30, 2025 | 261,124 | | December 31, 2024 | 268,510 | - Contingent liabilities primarily consist of corporate guarantees and counter-indemnities provided to banks and an insurance company for performance bonds issued by the Group in the ordinary course of business to its customers[73](index=73&type=chunk) 2025 First Half Related Party Transactions | Transaction Type | Amount (HK$'000) | | :--- | :--- | | Rent paid to fellow subsidiaries | 1,128 | | Franchise fees paid to a related company | 106 | | Purchases from fellow subsidiaries | 310 | | Construction revenue received from a fellow subsidiary | 1,459 | | Interest income received from a related company | 7,500 | - Rent paid to fellow subsidiaries and franchise fees paid to a related company are based on market rates[74](index=74&type=chunk) 2025 First Half Key Management Personnel Remuneration | Item | Amount (HK$'000) | | :--- | :--- | | Short-term employee benefits | 42,066 | | Employee retirement benefits | 289 | | **Total** | **42,355** | [Capital Commitments and Fair Value of Financial Instruments](index=27&type=section&id=Capital%20Commitments%20and%20Fair%20Value%20of%20Financial%20Instruments) This section discloses the Group's capital commitments, primarily for the acquisition of plant and machinery, and explains the fair value assessment of financial instruments, noting that the fair value of financial instruments maturing in the short term approximates their carrying amounts Capital Commitments | Date | Amount (HK$'000) | | :--- | :--- | | June 30, 2025 | 14,228 | | December 31, 2024 | 26,118 | - Management has assessed that the fair value of financial instruments maturing in the short term (such as cash and cash equivalents, trade receivables, trade payables, etc.) approximates their carrying amounts[78](index=78&type=chunk) - As of June 30, 2025, and December 31, 2024, the Group had no financial assets and liabilities measured at fair value[79](index=79&type=chunk) [Other Information](index=28&type=section&id=Other%20Information) This section covers corporate governance practices, directors' and major shareholders' interests, and dealings in listed shares [Corporate Governance](index=28&type=section&id=Corporate%20Governance) The company has fully complied with the Corporate Governance Code and the Model Code for Securities Transactions by Directors of Listed Issuers under the Listing Rules, and its interim results have been reviewed by the Audit Committee comprising independent non-executive directors - All directors of the Company have confirmed compliance with the Model Code for Securities Transactions by Directors of Listed Issuers as set out in Appendix C3 to the Listing Rules throughout the six months ended June 30, 2025[80](index=80&type=chunk) - The Company has complied with all relevant code provisions of the Corporate Governance Code as set out in Appendix C1 to the Listing Rules during the six months ended June 30, 2025[81](index=81&type=chunk) - The Audit Committee, comprising four independent non-executive directors, has reviewed the Company's interim results for the six months ended June 30, 2025[82](index=82&type=chunk) [Directors' and Major Shareholders' Interests](index=28&type=section&id=Directors'%20and%20Major%20Shareholders'%20Interests) This section discloses the interests and short positions of directors and major shareholders in the company's shares, with Director Yu Wing Sang holding **0.33%** of shares, and Dr. Wong Sai Chung and his associated companies being the largest shareholders, holding **74.50%** of shares Directors' Long Positions in the Company's Ordinary Shares (as of June 30, 2025) | Director Name | Number of Shares Held (shares) | Percentage of Company's Issued Share Capital | | :--- | :--- | :--- | | Yu Wing Sang | 5,000,000 | 0.33% | - As of June 30, 2025, none of the directors had any interests or short positions in the shares, underlying shares, or debentures of the Company or any of its associated corporations that were required to be recorded under Section 352 of the Securities and Futures Ordinance, or to be notified to the Company and the Stock Exchange under the Model Code[83](index=83&type=chunk) - At no time during the six months ended June 30, 2025, did the Company grant any rights to any director or their respective spouses or minor children to acquire benefits by means of purchasing shares or debentures[84](index=84&type=chunk) Major Shareholders' Long Positions in the Company's Ordinary Shares (as of June 30, 2025) | Name | Capacity and Nature of Interest | Number of Ordinary Shares Held (shares) | Percentage of Company's Issued Share Capital | | :--- | :--- | :--- | :--- | | Wong Sai Chung (deceased) | Interest held through controlled corporations | 1,117,500,000 | 74.50% | | K. Wah Group Limited | Beneficial owner | 1,117,500,000 | 74.50% | | Enhancement Investments Limited | Interest held through a controlled corporation | 1,117,500,000 | 74.50% | - Dr. Wong Sai Chung and Enhancement Investments Limited are both deemed to be interested in the same **1,117,500,000 shares**, and Enhancement Investments Limited is wholly and beneficially owned by Dr. Wong Sai Chung[85](index=85&type=chunk) [Dealings in Listed Shares](index=29&type=section&id=Dealings%20in%20Listed%20Shares) During the reporting period, neither the company nor any of its subsidiaries purchased, sold, or redeemed any of the company's listed shares - During the six months ended June 30, 2025, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed shares[87](index=87&type=chunk)

FF301 致：香港交易及結算所有限公司 公司名稱: Chinney Kin Wing Holdings Limited 建業建榮控股有限公司 (於百慕達註冊成立之有限公司） 呈交日期: 2025年9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) | 01556 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.1 | HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | | 0.1 | HKD | | 300,000,000 | 本月底法定/註冊股本總額： H ...

Core Viewpoint - The company announced the appointment of Ms. Ling Jiexin as a member of the nomination committee, effective from August 28, 2025 [1] Group 1 - The company is identified as Jianye Jianrong (01556) [1] - The appointment is for an independent non-executive director [1] - The effective date of the appointment is specified as August 28, 2025 [1]

Group 1 - The core point of the article is that Jianye Jianrong (01556.HK) reported a revenue increase of 9.4% to HKD 1,205,100,000 for the six months ending June 30, 2025 [1] - The company's net profit for the reporting period was HKD 62,100,000, reflecting a year-on-year increase of 12.5% [1]

Group 1 - The core point of the article is the appointment of Ms. Ling Jiexin as a member of the nomination committee of Jianye Jianrong, effective from August 28, 2025 [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Jianye Jianrong for the six months ending June 30, 2025, showing a revenue of HKD 1.205 billion, representing a year-on-year growth of 9.35% [1] - The company reported a profit attributable to shareholders of HKD 62.084 million, which is a year-on-year increase of 12.48% [1] - Earnings per share stood at HKD 0.0414 [1]