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依賴該等內容而引致的任何損失承擔任何責任。 CHINA LEON INSPECTION HOLDING LIMITED 中 國 力 鴻 檢 驗 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1586） 自願公告 市值管理措施之股份回購計劃 中國力鴻檢驗控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事會 （「董事會」）宣佈，本公司已自2024年12月13日起實行股份回購計劃（「股份回購計 劃」）。 相關股份回購計劃充分考量本公司當前發展階段、未來資本開支計劃、現金流量 狀況，並在與本公司附屬公司充分溝通的基礎上，以及在符合本公司組織章程細 則及所有相關法律法規（ 包括香港聯合交易所有限公司證券上市規則 ）的情形下執 行，其中包括： 股東回報與本公司高質量及可持續發展關係密切，本公司高度重視本公司全體股 東（「股東」）利益，為更好將全體股東利益與本 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01586 | 說明 | 股份回購 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國力鴻檢驗控股有限公司 呈交日期： 2024年12月18日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01586 | 說明 | 股份回購 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 已 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國力鴻檢驗控股有限公司 呈交日期： 2024年12月17日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01586 | 說明 | 股份回購 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國力鴻檢驗控股有限公司 呈交日期： 2024年12月16日 FF305 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01586 | 說明 股份回購 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 ...

第 1 頁 共 7 頁 v 1.3.0 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國力鴻檢驗控股有限公司 呈交日期： 2024年12月13日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01586 | 說明 股份回購 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$611,913,000, an increase of 21% compared to HK$505,380,000 for the same period in 2023[8] - Gross profit for the period was HK$259,097,000, representing a gross margin of approximately 42.4%[8] - Profit before tax increased to HK$95,654,000, up 16.6% from HK$82,049,000 in the prior year[8] - Profit for the period attributable to owners of the company was HK$50,828,000, a rise from HK$48,288,000 in the same period last year[8] - Total comprehensive income for the period reached HK$72,772,000, an increase of 21.5% compared to HK$59,823,000 in the same period last year[10] - Profit for the same period amounted to approximately HK$79.9 million, reflecting a year-on-year increase of 16.7%[126] Expenses and Costs - Selling and distribution expenses increased to HK$23,203,000 from HK$15,205,000, reflecting a rise in operational costs[8] - Finance costs rose to HK$4,038,000, compared to HK$1,901,000 in the same period last year[8] - The company reported other income of HK$1,048,000, down from HK$2,399,000 in the previous year[8] - Profit before tax for the six months ended June 30, 2024, was impacted by research and development costs of HK$12,848,000, down from HK$15,308,000 in the previous year[43] Assets and Liabilities - Total current assets amounted to HK$516,660,000, with cash and cash equivalents at HK$190,880,000[13] - Net current assets stood at HK$313,880,000, indicating a solid liquidity position[13] - Total equity increased to HK$637,728,000, up from HK$569,278,000, representing a growth of 12%[14] - Non-current liabilities decreased to HK$39,081,000 from HK$48,295,000, showing a reduction of 19.1%[14] - The company’s reserves increased to HK$466,624,000, up from HK$424,291,000, reflecting a growth of 10%[14] Market and Strategic Focus - The company is focused on expanding its market presence and enhancing its product offerings in the inspection sector[8] - Future outlook includes continued investment in new technologies and potential market expansion strategies[8] - The company continues to focus on market expansion and new product development strategies to drive future growth[10] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Shareholder Information - Earnings per share attributable to ordinary equity holders of the company were HK$9.62 (basic) and HK$9.59 (diluted), compared to HK$9.10 and HK$9.07 respectively in the previous year[10] - The proposed final cash dividend is HK$0.0174 per share for the year ended December 31, 2023, with no interim dividend declared for the six months ended June 30, 2024[48] - The number of issued and fully paid ordinary shares increased from 541,631,000 as of December 31, 2023, to 541,987,000 as of June 30, 2024[85] Employee and Management Compensation - Key management personnel compensation for the six months ended June 30, 2024, totaled HK$4,616,000, compared to HK$3,486,000 for the same period in 2023, reflecting an increase of 32.4%[116] - The Company operates a share option scheme effective from May 5, 2017, aimed at providing incentives to retain employees and achieve business objectives[89] Acquisitions and Investments - The acquisition of Shibiao Testing (Tianjin) Co., Ltd. was completed on 4 May 2023 for a consideration of HK$2,602,000, aimed at accelerating the achievement of the Company's strategic objectives[106] - The total cash outflow arising from the acquisition of Shibiao Testing was HK$2,327,000 after accounting for cash acquired[109] ESG and Sustainability Initiatives - The Company has expanded its business scope from traditional energy to clean energy, environmental protection, and climate change, aligning with ESG-related sectors[130] - The Company emphasizes ESG-oriented development as a core part of its "3+X" strategy, contributing to the green and low-carbon transition of the industry[135] - The clean energy business focuses on wind and solar power, providing testing services that enhance the stability of power generation through data collection and maintenance[141] Convertible Bonds and Financing - The principal amount of the Convertible Bonds is HK$50,000,000, with an issue price of 100% in cash[183] - The company redeemed HK$50 million of convertible bonds in cash on June 11, 2024, using internal resources due to a strong financial position and ample cash flow[200] - The amendments to the Convertible Bonds will take effect on June 28, 2023[188]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of HKD 2.88 per share [3][2]. Core Insights - The company reported a revenue of HKD 610 million for H1 2024, representing a year-on-year increase of 21.1%. Net profit reached HKD 80 million, up 16.7%, while net profit attributable to shareholders was HKD 51 million, an increase of 5.3% [2][1]. - The overseas business has seen significant growth, with a 47.2% increase in revenue, contributing to 47% of total revenue. The company is actively expanding its international presence, particularly in the energy sector, which is expected to enhance overall performance [2][1]. - The company's "3+X" strategy focuses on core businesses such as coal testing, oil testing, and non-energy bulk testing, which provide strong cash flow to support emerging ESG and carbon asset businesses. The company aims to capitalize on the dual carbon and green development trends [2][1]. Summary by Sections Financial Performance - For H1 2024, the company achieved a revenue of HKD 610 million, a 21.1% increase year-on-year. The net profit was HKD 80 million, up 16.7%, and the net profit attributable to shareholders was HKD 51 million, reflecting a 5.3% increase [2][1]. - The overseas revenue reached HKD 270 million, marking a substantial growth of 47.2%, while the Greater China region saw a more modest growth of 5.8% to HKD 340 million [2][1]. Strategic Initiatives - The company is implementing a "3+X" strategy, focusing on its main businesses while also developing ESG and carbon asset services. This approach is expected to provide a competitive edge in the market [2][1]. - The company is actively recruiting talent in the ESG sector to bolster its capabilities and prepare for future growth in this area [2][1]. Valuation Metrics - The target price of HKD 2.88 corresponds to a price-to-earnings (PE) ratio of 14.9x for 2024, 11.5x for 2025, and 8.8x for 2026, indicating a favorable valuation outlook [2][3].

Financial Performance - The company's revenue increased from approximately HKD 505.4 million for the six months ended June 30, 2023, to approximately HKD 611.9 million, representing a growth of 21.1%[1]. - The profit for the period rose from approximately HKD 68.5 million to approximately HKD 79.9 million, reflecting a growth of 16.7%[1]. - The profit attributable to owners of the company increased from approximately HKD 48.3 million to approximately HKD 50.8 million, marking a growth of 5.3%[1]. - The gross profit for the period was approximately HKD 259.1 million, compared to HKD 230.8 million in the same period last year, indicating an increase of 12.2%[3]. - The total comprehensive income for the period amounted to HKD 72.8 million, up from HKD 59.8 million in the previous year, representing a growth of 21.5%[4]. - Basic earnings per share increased to 9.62 HKD cents from 9.10 HKD cents, reflecting a growth of 5.7%[4]. - Total revenue for the six months ended June 30, 2024, reached HKD 611,913,000, a 21% increase from HKD 505,380,000 for the same period in 2023[12]. - The company reported a pre-tax profit of HKD 20,329,000 for the six months ended June 30, 2024, compared to HKD 27,237,000 for the same period in 2023, indicating a decrease of 25%[14]. - Basic and diluted earnings per share for the six months ended June 30, 2024, were HKD 0.0962, compared to HKD 0.1000 for the same period in 2023, a decline of 4%[17]. - The company's income tax expense for the six months ended June 30, 2024, was HKD 15,739,000, compared to HKD 13,552,000 for the same period in 2023, representing an increase of 16%[15]. Assets and Liabilities - The company's total assets as of June 30, 2024, were approximately HKD 880.1 million, compared to HKD 894.5 million as of December 31, 2023[5]. - Trade receivables increased to approximately HKD 225.5 million from HKD 208.8 million, showing a growth of 8.0%[5]. - Cash and cash equivalents decreased to approximately HKD 190.9 million from HKD 227.3 million, a decline of 16.0%[5]. - As of June 30, 2024, the total current liabilities decreased to HKD 203,330,000 from HKD 276,962,000 as of December 31, 2023, representing a reduction of approximately 26.5%[6]. - The net current assets increased to HKD 313,880,000 as of June 30, 2024, compared to HKD 247,140,000 as of December 31, 2023, reflecting a growth of about 27%[6]. - Total assets less current liabilities rose to HKD 676,809,000 from HKD 617,573,000, indicating an increase of approximately 9.5%[6]. - Non-current liabilities decreased to HKD 39,081,000 as of June 30, 2024, down from HKD 48,295,000 as of December 31, 2023, a decline of about 19%[6]. - The total equity increased to HKD 637,728,000 as of June 30, 2024, compared to HKD 569,278,000 as of December 31, 2023, marking an increase of approximately 12%[6]. - The company's reserves grew to HKD 466,624,000 as of June 30, 2024, up from HKD 424,291,000 as of December 31, 2023, which is an increase of about 10%[6]. - As of June 30, 2024, the total liabilities net amount is HKD 32,169,000, compared to HKD 7,043,000 as of December 31, 2023, indicating a significant increase in net liabilities[40]. Operational Highlights - The company has expanded its international presence, with 75 overseas branches and laboratories across 18 countries, enhancing its competitive advantage in the TIC industry[23]. - The company is actively involved in energy cooperation under the "Belt and Road" initiative, contributing to energy security and stability in the region[24]. - The company has successfully diversified its services into clean energy, environmental protection, and climate change sectors, expanding its business scope beyond traditional energy[23]. - The company operates 75 service points globally and holds 18 types of professional qualifications, covering over 50 major commodities and natural resource categories in trade assurance services[25]. - The company has been designated as a quality inspection organization by the Shanghai Futures Exchange for aluminum oxide futures, enhancing its brand credibility in the non-ferrous metals sector[26]. - The company has completed the application work to become a designated inspection organization for scrap steel and is actively involved in drafting national standards for scrap steel[27]. - The company is expanding its clean energy business, focusing on wind and solar power generation, and providing quality inspection services to enhance operational stability[28]. - The company offers a wide range of environmental protection services, including ecological monitoring and leak detection, contributing to low-carbon emission reduction efforts[29]. - The company provides comprehensive technical consulting services in low-carbon and sustainable development, assisting clients in achieving carbon neutrality goals[29]. Strategic Initiatives - The company aims to enhance its ESG management standards and focus on green low-carbon investment opportunities[30]. - The company plans to accelerate investments aligned with its ESG strategy, focusing on sustainable growth potential[30]. - The traditional business continues to solidify while emerging businesses are developing rapidly, contributing positively to overall revenue growth[35]. - The company emphasizes continuous improvement in service quality and operational efficiency to enhance profitability[36]. Workforce and Governance - The company has a total of 3,184 employees as of June 30, 2024, an increase from 2,660 employees as of June 30, 2023, indicating a growth in workforce[43]. - The board of directors includes eight members, with four executive directors and three independent non-executive directors[50]. - The company has established an audit committee in accordance with the Listing Rules, consisting of three independent non-executive directors[48]. - The company has implemented a credit risk management policy, ensuring transactions are conducted only with recognized and reputable counterparties[41]. - The company has adopted prudent financial policies to maintain a healthy capital structure and liquidity, ensuring sufficient cash flow to meet obligations[37]. Dividend and Shareholder Information - The company plans to pay a final cash dividend of HKD 0.0174 per share for the year ending December 31, 2023, approved by shareholders on June 18, 2024[16]. - The board of directors decided not to declare an interim dividend for the six months ended June 30, 2024, compared to HKD 0.0269 per share for the same period in 2023[44]. Compliance and Reporting - The company has complied with the Standard Code regarding securities trading by directors throughout the reporting period[46]. - The interim financial results announcement and interim report are available on the Hong Kong Stock Exchange and the company's website[48]. - There were no significant acquisitions or disposals of subsidiaries, joint ventures, or associates during the six months ended June 30, 2024[42]. - No purchases, sales, or redemptions of the company's listed securities were made during the reporting period[47].

Company Overview - China Leon Inspection Holding Limited was listed on the Main Board of the Stock Exchange in 2016, becoming the first international leading inspection and testing company in Hong Kong[12]. - The company operates 72 branches and professional laboratories globally, providing services in over 50 types of commodities and natural resources[12]. - The company serves a wide range of industries, including power generation, petrochemicals, chemicals, and building materials, both domestically and internationally[20]. - The company has a significant shareholder, China Inspection and Certification Group, which indirectly holds more than 10% of the issued share capital through its subsidiary[58]. Business Focus Areas - The company focuses on four key areas: commodity services, clean energy, environmental protection, and climate change, supporting global industry leaders in achieving eco-friendly transformations[12]. - In the clean energy sector, the company offers quality inspection services for wind power and photovoltaic manufacturing, enhancing the stability of power generation[13]. - The company provides environmental protection consulting and monitoring services, including environmental impact assessments and soil pollution investigations[17]. - The company is focusing on clean energy testing services, particularly in wind and solar power, and is expanding its customer base in the energy transition sector[126]. Sustainable Development and ESG - The company emphasizes sustainable development and fairness in its operations, aiming to facilitate better global trade flows[12]. - The company is committed to long-term sustainable development and enhancing its professional service capacity in commodity services[12]. - The company aims to fill gaps in carbon emission reduction data, contributing to carbon neutrality efforts[17]. - The company is focused on enhancing ESG management and improving ratings through its consulting services[18]. - The Group's ESG-oriented development strategy is a key priority, with initiatives categorized into ESG-Friendly, ESG+, and ESG-Focused to promote sustainable practices[107]. Financial Performance - The Group recorded revenue of HK$1,118.5 million in 2023, representing a year-on-year increase of 18.5%[94]. - Profit for the year reached HK$122.2 million, reflecting a year-on-year increase of 16.6%[94]. - Profit attributable to owners of the Company was HK$80.0 million, marking a year-on-year increase of 15.3%[94]. - The Group achieved net cash inflows from operating activities of approximately HK$175.1 million in 2023, slightly down from HK$176.4 million in 2022[169]. Management and Governance - The management team consists of eight directors, including four executive directors and three independent non-executive directors[24]. - The chairman and CEO, Mr. Li Xiangli, has over 34 years of experience in the energy testing and inspection field[29]. - The Company has a strong management team with extensive experience in energy and materials science, enhancing its competitive position in the market[36]. - The board includes independent non-executive directors responsible for providing independent advice and judgment[64]. Growth Strategies - The Group's strategic plan focuses on optimizing business landscape and enhancing ESG management, contributing to the green and low-carbon transition of the industry[81]. - The Group's "2+X" development strategy prioritizes ESG-oriented growth through three main dimensions: ESG-Friendly, ESG+, and ESG-Focused[81]. - The Group plans to actively seek mergers and acquisitions opportunities in the global TIC market to enhance synergies and strengthen customer loyalty[152]. - The Group's emerging businesses, including clean energy and climate change, rapidly developed through M&A activities under the "2+X" strategy, contributing significantly to revenue growth[159]. Market Position and Recognition - The Company was recognized as one of "Asia's 200 Best Under A Billion" by Forbes for the third consecutive year, highlighting its excellent governance and operational capabilities[82]. - The Group has successfully obtained qualifications as a designated quality inspection agency for 10 types of mineral metal futures from four major futures exchanges by the end of 2023[85]. - The Group's internal expert was selected as a Methodologies Expert for the UN's new carbon crediting mechanism, enhancing its influence in the global emission reduction market[82]. Environmental Initiatives - LDAR services are crucial for detecting and repairing leaks in various industrial sectors, helping to control raw material costs and reduce environmental pollution[17]. - The company has strengthened its environmental protection service offerings through leakage detection and repair services, which are crucial for achieving carbon neutrality[130]. - The climate change business achieved large-scale carbon trading for the first time, becoming one of the most important carbon asset traders in the Beijing carbon market[133]. Financial Position and Capital Management - As of December 31, 2023, the Group had cash and cash equivalents of HK$227.3 million, indicating a strong financial position[172]. - The gearing ratio was zero as cash and cash equivalents exceeded gross debt, consistent with 2022[190]. - The Group's capital management objectives remained unchanged, focusing on maintaining healthy capital ratios to support business operations and maximize shareholder value[180].