Core Viewpoint - China Art Financial (01572) has signed a strategic cooperation agreement with Shenzhen Zhixin Youxiang Holdings Co., Ltd. to advance the smart charging pile industry in China [1] Group 1: Strategic Cooperation - The strategic cooperation aims to leverage the complementary technical capabilities of both parties to expand the smart charging pile business in the People's Republic of China [1] - The collaboration will integrate supply chain data financial systems to support the development of electric vehicle charging infrastructure in China [1] Group 2: Technical Support and Market Development - Zhixin will provide technical support for smart management and personalized charging pile solutions [1] - The company will assist in market promotion and business expansion [1] - Both companies will work together to develop charging pile solutions tailored for the Chinese market [1]

Core Viewpoint - China Art Financial (01572.HK) has signed a strategic cooperation agreement with Shenzhen Zhixin Youxiang Holdings to advance the smart charging pile industry in China [1] Group 1: Strategic Cooperation - The cooperation aims to leverage the complementary technical capabilities of both parties to expand the smart charging pile business in China [1] - The partnership will integrate supply chain data financial systems to support the development of electric vehicle charging infrastructure in China [1] - Zhixin will provide technical support for smart management and personalized charging pile solutions, while the company will assist in market promotion and business expansion [1] Group 2: Company Background - Zhixin is a company established in China, focusing on supply chain management services for smart charging piles and artificial intelligence software development [1]

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 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，概不對因本公佈全部 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。 CHINA ART FINANCIAL HOLDINGS LIMITED 中 國 藝 術 金 融 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1572） 自願公佈 是次戰略合作將充分發揮訂約雙方於技術能力方面的互補優勢，重點合作拓展中 華人民共和國（「中國」）的智能充電樁業務，並整合供應鏈數據金融系統，以支持 中國電動汽車充電基礎設施的建設和發展。 戰略合作協議 是次合作最大限度地發揮了訂約雙方的優勢，實現互補發展和協同效應。智芯將 提供智能管理與個性化充電樁解決方案的技術支持。本公司將協助進行市場推廣 及業務拓展。本公司與智芯將合作開發針對中國市場的充電樁解決方案。 – 1 – 有關智芯的資料 智芯為一家在中國成立的公司，其業務範疇包括於中國開展智能充電樁業務供應 鏈管理服務、人工智能基礎軟件開發。 承董事會命 ...

格隆汇8月19日丨中国艺术金融(01572.HK)公布，公司将于2025年8月29日召开董事会会议，以（其中包 括）审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及宣派中期股息（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 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，概不對因本公佈全部 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。 聯席主席兼執行董事 （於開曼群島註冊成立的有限公司） （股份代號：1572） 董事會會議通知 中國藝術金融控股有限公司（「本公司」）董事會（「董事會」）茲通告謹定於2025年8 月29日（ 星期五 ）舉行董事會會議，藉以（ 其中包括 ）考慮及通過刊發本公司及其附 屬 公司 截至 2025 年 6 月30 日止 六個 月 之未 經審 核的 中 期業 績公 告 ，並 考慮 宣 派中 期股息（ 如有 ）。 承董事會命 CHINA ART FINANCIAL HOLDINGS LIMITED 中國藝術金融控股有限公司 中 國 藝 術 金 融 控 股 有 限 公 司 范志新 香港，2025年8月19日 於 本 公 佈 日 期 ， 董 事 會 包 括 (1) 執 行 董 事 范 志 新 先 生（ 聯 席 主 席 ）； (2) 非 執 行 董 事 陳運 ...

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 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，概不對因本公佈全部 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。 CHINA ART FINANCIAL HOLDINGS LIMITED 中國藝術金融控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1572） 中國藝術金融控股有限公司 更改中國主要營業地點的地址 中國藝術金融控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本 公 司 中 國 主 要 營 業 地 點 的 地 址 將 更 改 為 中 國 江 蘇 省 宜 興 市 宜 城 街 道 解 放 東 路 200 號，即時生效。本公司所有電話及傳真號碼、電郵地址及網址維持不變。 承董事會命 香港，2025年8月15日 於 本 公 佈 日 期 ， 董 事 會 包 括 (1) 執 行 董 事 范 志 新 先 生（ 聯 席 主 席 ）； (2) 非 執 行 董 事 陳運偉先生及田銳先生（ 聯席主席 ）；及(3)獨立非執行董事梁 ...

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) | 01572 | 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 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7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: 中國 ...

Company Overview - China Art Financial Holdings Limited is a leading provider of art financial services in China, primarily engaged in art pawn loans and art auction services [3][4] - The company is headquartered in Yixing, Jiangsu Province, known for its unique purple clay used in art production, which provides a geographical advantage for its business [4][5] Financial Performance - As of December 31, 2024, the company achieved total revenue of 71.344 million yuan, representing a year-on-year growth of 19.42% [2] - The net profit attributable to the parent company was 4.523 million yuan, a decrease of 58.95% year-on-year [2] - The gross profit margin stood at 31.77%, with a low debt-to-asset ratio of 2.19% [2] Market Position and Valuation - The company's price-to-earnings (P/E) ratio is 29.77, ranking 60th in the industry, while the average P/E ratio for other financial sectors is 21.18 [2][3] - The company has not received any investment rating suggestions from institutions as of now [3] Business Model and Competitive Advantage - The company operates two main business segments: art pawn loans and art auctions, which are essential channels for art financing and investment in China [4][5] - The company has established strong relationships with art enthusiasts, including artists, collectors, and museums, enhancing its ability to source high-quality art for auctions [5][6] - The integrated business model allows the company to provide comprehensive art services, improving operational efficiency and reducing overall costs [6][7] Risk Management and Governance - The company has implemented effective risk management and internal control systems to mitigate risks associated with its pawn loan and auction businesses [6][7] - The management team is experienced, led by a founder with over 15 years of experience in accounting, loan financing, and risk management [7]

Financial Performance - For the fiscal year ending December 31, 2024, the company's revenue was RMB 71,344,000, an increase of approximately 19.4% compared to RMB 59,742,000 in 2023[6]. - The net profit for the same period was RMB 4,523,000, a decrease of approximately 58.9% from RMB 11,019,000 in 2023[6]. - The total assets as of December 31, 2024, amounted to RMB 1,135,179,000, a slight increase from RMB 1,131,801,000 in 2023[6]. - The total liabilities decreased to RMB 24,900,000 in 2024 from RMB 27,206,000 in 2023, indicating improved financial stability[6]. - The revenue for the reporting year was approximately RMB 71.3 million, an increase of about 19% compared to RMB 59.7 million in the previous year, primarily due to increased sales from the art and asset sales business and interest income from the pawn business[23]. - Revenue from the art and asset sales business was approximately RMB 54.5 million, a growth of about 28% from RMB 42.7 million in the previous year[22]. - The loss from the art and asset auction business was approximately RMB 0.4 million, compared to a profit of RMB 1.2 million in the same period last year, marking a significant decline[21]. - Other income decreased by approximately 38% to about RMB 1.3 million from RMB 2.1 million in the previous year, mainly due to reduced bank interest income[24]. - The cost of goods sold was approximately RMB 48.7 million, up from RMB 35.4 million in the previous year, reflecting the purchase cost of art sold during the reporting year[26]. - The pre-tax profit decreased by approximately 50% to about RMB 8.2 million from RMB 16.5 million in the previous year, primarily due to reduced profits from the art and asset pawn and sales businesses[33]. - Total comprehensive income for the year was approximately RMB 4.4 million, a decrease of about 60% from RMB 10.9 million in the previous year, mainly due to reduced profits[35]. Loan and Financing Activities - The company issued new loans totaling RMB 1,023,600,000 in 2024, up from RMB 702,400,000 in 2023, representing an increase of approximately 45.7%[18]. - The average initial loan term for new loans was 66 days in 2024, compared to 61 days in 2023[18]. - The company maintained a new loan renewal rate of 20% for new loans in 2024, down from 40% in 2023[18]. - The company is maintaining a cautious strategy in granting pawn loans to new clients, focusing on reducing credit risk[56]. Business Strategy and Development - The company is actively exploring new business models and strategies to enhance participation in the auction business despite facing challenges[11]. - The company aims to establish strategic partnerships in the art sector to leverage growth potential[11]. - The company plans to enhance auction strategies and increase regional and multi-channel marketing efforts to improve business performance[55]. - The company aims to establish strategic partnerships with galleries, artists, and cultural institutions to enhance market position and credibility[57]. - Future economic conditions are expected to remain challenging due to ongoing inflation and geopolitical tensions, requiring the company to remain flexible and responsive[54]. Governance and Compliance - The company has established a new committee to oversee compliance and regulatory matters, enhancing governance practices[63]. - The independent directors have been actively involved in strategic decision-making, contributing to a more robust governance framework[63]. - The company has adopted the corporate governance code and has complied with all relevant provisions during the reporting year[75]. - The board has established mechanisms to ensure independent opinions are obtained, including providing sufficient resources for directors to fulfill their duties[81]. - The company is committed to implementing good corporate governance and has established policies and procedures in line with the Hong Kong Stock Exchange's listing rules[75]. - The company has engaged an external auditor, Tianjian DeYang CPA Limited, with no changes in the past three years[105]. Risk Management - The company faces various risks, including market risk primarily from the Chinese economy and compliance risk with local and overseas laws[119][120]. - The company has implemented internal controls to monitor significant risks and ensure they do not adversely affect business performance[118]. - The risk management committee did not hold any meetings during the reporting year but participated in discussions and reviews of the risk management and internal control systems[95]. - All departments conduct regular internal control assessments to identify potential risks affecting the group's business[100]. Shareholder and Equity Information - Major shareholders include Hanxin Investment Limited, holding approximately 59.64% of the shares, and other entities with similar stakes[151]. - The largest customer accounted for approximately 25.8% of the group's revenue for the year ending December 31, 2024, up from 19.4% in 2023[157]. - The top five customers collectively represented about 64.2% of the group's revenue, slightly down from 65.1% in 2023[157]. - The largest supplier accounted for approximately 22.0% of the group's total procurement, a decrease from 36.7% in 2023[157]. - The top five suppliers made up about 51.4% of the group's total procurement, significantly down from 95.2% in 2023[157]. Employee and Diversity Initiatives - Employee costs increased by approximately 69% to about RMB 5.9 million from RMB 3.5 million in the previous year, due to the hiring of additional staff to strengthen business operations[28]. - The board consists of 2 female directors and 4 male directors, achieving gender diversity at the board level[84]. - As of December 31, 2024, the gender distribution among employees is 48% female and 52% male[84]. - The company has implemented measures to promote gender diversity at all levels, including the board and management[84]. - The company will ensure gender diversity is considered in the recruitment of senior staff and provide resources for training and career development[84]. Contractual Arrangements and Compliance - The company has established contractual arrangements to effectively control its operations in China, ensuring compliance with local laws[170]. - Legal opinions confirm that the contractual arrangements are valid, binding, and enforceable under current Chinese law[171]. - The structural contracts for He Xin Pawnshop and He Xin Auction were established on April 15, 2016, with supplementary agreements made on October 24, 2016[177][179]. - The company is required to provide operational and financial information to the foreign-invested enterprise as part of its commitments[187]. - The equity holders must notify the foreign-invested enterprise of any potential litigation or administrative proceedings involving He Xin Pawn's assets or business[187].

Financial Performance - Total revenue for the year ended December 31, 2024, was RMB 71,344,000, an increase of 19.4% compared to RMB 59,742,000 in 2023[4] - Net profit attributable to equity holders for the year was RMB 4,523,000, a decrease of 58.9% from RMB 11,019,000 in the previous year[4] - Basic earnings per share for the year was RMB 0.27, down from RMB 0.66 in 2023, reflecting a decline of 59.1%[4] - The company reported a gross profit of RMB 22,664,000 for the year, compared to RMB 24,389,000 in 2023, indicating a decrease of 7.1%[4] - Operating expenses increased to RMB 8,216,000, down from RMB 16,493,000 in the previous year, showing a significant reduction of 50.2%[4] - The company reported a net loss of RMB 361 thousand in the auction business for 2024, compared to a profit of RMB 1,155 thousand in 2023, marking a significant downturn[21] - The company reported a net profit of RMB 3,693,000 for 2024, compared to RMB 5,474,000 in 2023, reflecting a decrease of approximately 32.5%[30] - The total comprehensive income for the year decreased by approximately RMB 6.5 million or about 60% to approximately RMB 4.4 million, primarily due to a reduction in profits during the reporting year[61] Assets and Liabilities - Total assets as of December 31, 2024, amounted to RMB 1,110,465,000, a slight increase from RMB 1,105,406,000 in 2023[5] - The company’s total liabilities decreased to RMB 24,714,000 from RMB 26,395,000, reflecting a reduction of 6.4%[5] - The total liabilities for accrued expenses and other payables in 2024 are RMB 23,065,000, compared to RMB 23,423,000 in 2023, reflecting a decrease of approximately 1.5%[37] - The company’s designated non-current assets, including property and equipment, were valued at RMB 933,000 in 2024, compared to RMB 1,727,000 in 2023, indicating a decrease of approximately 46%[25] - The debt-to-asset ratio increased to 1.6% in 2024 from 1.2% in 2023[65] Revenue Breakdown - Revenue from art and asset sales amounted to RMB 54,451,000, reflecting a growth of 27.5% from RMB 42,699,000 in the previous year[16] - Interest income from art and asset pawn business was RMB 16,499,000, up from RMB 15,136,000, indicating an increase of 9%[16] - The auction revenue decreased significantly to RMB 394,000 from RMB 1,907,000, representing a decline of 79.3%[16] - Revenue from external customers in China (excluding Hong Kong) for 2024 reached RMB 71,344,000, an increase from RMB 59,742,000 in 2023, representing a growth of approximately 19.5%[25] - Revenue from the art and asset auction business was approximately RMB 16.5 million, an increase of about 9% compared to RMB 15.1 million in the same period last year[44] - Revenue from the art and asset sales business for the reporting year was approximately RMB 54.5 million, an increase of about 28% compared to RMB 42.7 million in the same period last year[48] Cash Flow and Investments - For the year ending December 31, 2024, the net cash flow from operating activities was approximately RMB (47,802) thousand, a decrease from RMB 75,612 thousand in 2023[63] - As of December 31, 2024, the total cash and bank balance decreased by 6.1% to approximately RMB 653.6 million from RMB 695.8 million as of December 31, 2023[63] - The company has no plans for significant investments or acquisitions as of the date of the announcement[69] Corporate Governance and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, with all figures rounded to the nearest thousand in Renminbi[7] - The company is committed to maintaining compliance with the Hong Kong Stock Exchange listing rules and relevant company regulations[7] - The company has adopted corporate governance principles in compliance with the Hong Kong Stock Exchange listing rules[85] Future Outlook and Strategy - The company plans to focus on market expansion and new product development in the upcoming year[3] - The company is currently analyzing the impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements[13] - The company is focusing on expanding its market presence and enhancing its auction services to drive future growth[19] - The global economic environment is expected to remain challenging due to ongoing inflation and geopolitical tensions, impacting business operations in China[79] - The group is actively adjusting its auction strategy to enhance regional and multi-channel market promotion efforts[80] Employee and Operational Metrics - Employee costs increased by approximately RMB 2.4 million or about 69% to approximately RMB 5.9 million, due to the hiring of additional staff to strengthen business operations and development[54] - The group employed a total of 44 staff members as of December 31, 2024, with compensation policies based on performance and market practices[72]