此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 股 票 經 紀 或 其 註 冊 證 券 交 易 商、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 售 出 或 轉 讓 所 有 名 下 基 石 控 股 有 限 公 司 之 股 份，應 立 即 將 本 通 函 連 同 隨 附 之 代 表 委 任 表 格 送 交 買 主 或 承 讓 人，或 經 手 買 賣 或 轉 讓 之 銀 行、持 牌 證 券 交 易 商 或 其 他 代 理 商，以 便 轉 交 買 主 或 承 讓 人。 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 通 函 之 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 通 函 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。 Anchorstone Holdings Li ...

Core Viewpoint - The company proposes a share consolidation plan, merging every 10 existing shares into 1 consolidated share, which aims to reduce the total number of shares outstanding and potentially enhance share value [1] Group 1: Share Consolidation Details - The board of directors recommends consolidating the company's issued and unissued share capital, resulting in a reduction from 2.413 billion shares to 241.3 million consolidated shares [1] - The company's authorized share capital will remain at 50 million HKD, divided into 500 million consolidated shares with a par value of 0.10 HKD each [1] - Following the consolidation, the trading unit on the Hong Kong Stock Exchange will change from 5,000 existing shares to 10,000 consolidated shares [1]

Core Viewpoint - The company proposes a share consolidation plan, merging every ten existing shares into one new share, which aims to streamline its capital structure and potentially enhance share liquidity [1] Group 1: Share Consolidation Details - The board of directors recommends consolidating the company's issued and unissued share capital, with a ratio of ten existing shares to one new share [1] - As of the announcement date, the company has 2,412,962,811 existing shares, which will reduce to 241,296,281 consolidated shares post-merger, assuming no further shares are issued before the special shareholders' meeting [1] - The company's statutory capital will remain at 50,000,000 HKD, divided into 500,000,000 consolidated shares with a par value of 0.10 HKD each [1] Group 2: Trading Unit Changes - Currently, shares are traded in units of 5,000 existing shares on the Hong Kong Stock Exchange [1] - Following the share consolidation, the trading unit will change to 10,000 consolidated shares, contingent upon the effectiveness of the share consolidation [1]

Core Viewpoint - The company proposes a share consolidation plan, merging every 10 existing shares into 1 new share, which will reduce the total number of issued shares significantly [1] Group 1: Share Consolidation Details - The board of directors recommends consolidating the company's issued and unissued share capital, resulting in a reduction from 2.413 billion existing shares to 241.3 million consolidated shares [1] - The company's authorized share capital will remain at HKD 50 million, but will be divided into 500 million consolidated shares with a par value of HKD 0.10 each [1] Group 2: Trading Unit Changes - Currently, shares are traded in units of 5,000 existing shares on the Hong Kong Stock Exchange [1] - Following the share consolidation, the trading unit will change to 10,000 consolidated shares, contingent upon the effective date of the consolidation [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 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的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：1592） 建議股份合併及更改每手買賣單位 Anchorstone Holdings Limited 基 石 控 股 有 限 公 司 本公司財務顧問 建議股份合併 董事會建議將本公司已發行及未發行股本中每十(10)股現有股份合併為一(1)股 合併股份。於本公告日期，本公司有2,412,962,811股已繳足或入賬列作繳足的已 發行現有股份。假設自本公告日期起直至股東特別大會日期止將不再進一步發 行股份，則於股份合併生效後，將有241,296,281股已繳足或入賬列作繳足的已 發行合併股份。本公司法定股本仍將為50,000,000港元，惟將分為500,000,000股 每股面值0.10港元的合併股份。 建議更改每手買賣單位 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。 於本公告 ...

Anchorstone Holdings Limited 基石控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1592) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：1592） NOTIFICATION LETTER 通知信函 30 September 2025 Dear Non-Registered Holder (Note 1) , Anchorstone Holdings Limited (the "Company") — Notice of publication of 2025 Interim Report ("Current Corporate Communication") on the Company's website The English and Chinese versions of the Company's Current Cor ...

基石控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1592) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：1592） NOTIFICATION LETTER 通知信函 30 September 2025 Dear Registered Shareholder, 本公司的本次公司通訊之中、英文版本已分別上載於本公司網站www.anchorstone.com.hk及香港聯合交易所有限公司（「聯交所」）之網 站www.hkexnews.hk（「網站版本」）。我們建議 閣下閱覽本公司本次及日後公司通訊 （附註1） 的網站版本。如 閣下已選擇收取公司通訊 的印刷本，隨函附上本次公司通訊。 It is the responsibility of registered shareholders to provide a functional email address. ...

Financial Performance - For the six months ended June 30, 2025, the company recorded revenue of approximately HKD 27.9 million, an increase of 58% compared to the same period last year[6]. - The company reported a loss attributable to owners of approximately HKD 8.7 million, which is an increase of HKD 0.2 million from the previous period, reflecting a decline in profitability due to local economic slowdown and a weak property market[6]. - Revenue from customer contracts for the six months ended June 30, 2025, was HKD 27,866,000, an increase of 58% compared to HKD 17,634,000 for the same period in 2024[44]. - Gross profit for the same period was HKD 2,490,000, down 16.7% from HKD 2,988,000 in 2024[44]. - Operating loss increased to HKD 7,066,000 for the six months ended June 30, 2025, compared to HKD 5,765,000 in 2024, reflecting a 22.5% increase in losses[44]. - The company reported a net cash outflow from operating activities of HKD 1,111,000 for the six months ended June 30, 2025, down from HKD 7,308,000 in 2024[48]. - The company reported a loss attributable to owners of HKD 8,725,000 for the six months ended June 30, 2025, slightly higher than the loss of HKD 8,522,000 in 2024[75]. Expenses and Costs - The overall gross profit margin decreased from approximately 17% to 9%, primarily due to project mix differences and the impact of certified or confirmed engineering change orders[11]. - Administrative expenses for the period were approximately HKD 7.8 million, reduced mainly due to decreased employee benefits and legal and professional fees[12]. - Financial costs decreased from HKD 2.5 million for the period ended June 30, 2024, to HKD 1.6 million for the period ended June 30, 2025, due to the settlement of certain outstanding loans[13]. - The total construction costs recognized in cost of sales for the six months ended June 30, 2025, were HKD 20,107,000, compared to HKD 11,241,000 in 2024, reflecting a 79% increase[70]. - The company reported a decrease in employee benefit expenses to HKD 4,434,000 for the six months ended June 30, 2025, down from HKD 5,169,000 in 2024[70]. Assets and Liabilities - As of June 30, 2025, the company's cash and cash equivalents were approximately HKD 0.6 million, up from HKD 0.3 million as of December 31, 2024[20]. - The company's current ratio as of June 30, 2025, was approximately 0.67, compared to 0.72 as of December 31, 2024[20]. - The total bank borrowings as of June 30, 2025, remained at approximately HKD 33.5 million, unchanged from December 31, 2024[21]. - The company's debt-to-equity ratio as of June 30, 2025, was approximately -237.1%, an improvement from -479.6% as of December 31, 2024[22]. - As of June 30, 2025, the group's net current liabilities amounted to approximately HKD 51.4 million, an increase from HKD 40.6 million as of December 31, 2024[23]. - The total liabilities increased to HKD 166,611,000 as of June 30, 2025, compared to HKD 158,692,000 at the end of 2024, marking a rise of 5%[46]. - The company's total equity as of June 30, 2025, was HKD (62,731,000), compared to HKD (54,103,000) at the end of 2024, indicating a decline in equity[45]. - The net current liabilities and total liabilities as of June 30, 2025, were approximately HKD 51,415,000 and HKD 62,731,000, respectively[53]. Shareholder and Governance - The chairman and CEO, Mr. Lei Yu-run, holds a significant stake of 61.29% in the company, with 1,478,860,470 shares as of the report date[31]. - The company has complied with the corporate governance code since its listing date, with a strong independent element in its board composition[37]. - All directors confirmed compliance with the trading standards set out in the standard code for securities transactions as of June 30, 2025[38]. - The company is actively seeking suitable candidates to comply with the listing rules following the resignation of a board member[39]. Dividends and Financing - The company has decided not to declare any interim dividend for the six months ended June 30, 2025, in order to retain resources for future development[7]. - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2025, consistent with the previous year where no dividend was declared[88]. - The company is seeking additional financing sources, including debt or equity financing, to improve its capital structure and reduce overall financing costs[60]. - The major shareholder, Mr. Lei, is willing to provide financial support to the company if needed, with loans amounting to approximately HKD 11,206,000 as of December 31, 2024[60]. Legal and Compliance Issues - The group has estimated a potential liability of approximately HKD 9.226 million related to a court ruling involving a former subcontractor, including accrued interest[28]. - The group has made provisions of approximately HKD 1.968 million and HKD 9.226 million for litigation claims and legal expenses, respectively[28]. - There are ongoing legal cases involving personal injury claims against the company, with one claim from a former subcontractor amounting to HKD 6.5 million[90]. Market Conditions - The construction industry in Hong Kong continues to face challenges such as high interest rates, inflationary pressures, and labor shortages, impacting project timelines and cash flow[52]. - The company has conducted cash flow forecasts covering at least 12 months from June 30, 2025, and believes it will have sufficient working capital to meet its financial obligations[57]. Employee and Operational Insights - The group has 11 full-time employees as of June 30, 2025, with no adverse impact from labor shortages or strikes reported during the period[29]. - The company has implemented measures to accelerate customer certification, billing, and collection for completed projects[55].

格隆汇9月19日丨基石控股(01592.HK)公告，于2025年9月19日，公司与配售代理订立配售协议，据此公 司有条件同意透过配售代理按尽力基准以配售价每股配售股份0.025港元向不少于六名承配人(为独立于 公司及其关连人士的第三方专业人士、机构或其他投资者)配售最多4.8亿股配售股份。配售股份将根据 一般授权配发及发行。假设本公告日期至配售事项完成期间，公司之已发行股本并无任何变动，配售事 项项下之最多4.8亿股配售股份相当于本公告日期公司已发行股本约20.00%，及经发行配售股份扩大之 已发行股本约16.67%。假设所有配售股份均获悉数配售，估计配售事项的所得款项总额及扣除配售佣 金及其他相关开支及专业费用后的所得款项净额将分别为约1206万港元及约1147万港元。 基石控股(01592.HK)拟配售不超4.83亿股 最多筹1206万港元 基石控股(01592.HK)拟配售4.8亿股 净筹约 1147万港元 相关事件 ...

Group 1 - The company, Cornerstone Holdings (01592), announced a proposed placement of up to 482.6 million shares, representing approximately 16.67% of the enlarged issued share capital after the placement [1] - The placement price is set at HKD 0.025 per share, which is a discount of about 16.67% compared to the closing price of HKD 0.030 on September 19 [1] - If all placement shares are fully placed, the estimated total gross proceeds and net proceeds from the placement will be approximately HKD 12.06 million and HKD 11.47 million, respectively [1] Group 2 - The company intends to use the net proceeds from the placement for various purposes: approximately 50% for repaying bank loans, 25% for settling other debts and payables, and 25% for general working capital, including employee costs and other corporate expenses [1] - Additionally, the board is considering a proposal for a share consolidation and will apply to the Stock Exchange for approval of the listing and trading of the consolidated shares [1]