（股份代號：1620） 董事會會議日期 富盈環球集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公 司計劃於2025年8月29日（星期五）舉行董事會會議，藉以（其中包括）： 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份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。 CINESE INTERNATIONAL GROUP HOLDINGS LIMITED 富盈環球集團控股有限公司 （於加拿大安大略省註冊成立及於開曼群島存續的有限公司） 主席兼執行董事 高頌妍博士 香港，2025年8月19日 於本公告日期，執行董事為劉學斌先生及高頌妍博士；非執行董事為劉杰鋒先生；而獨立非執行董 事為談文濤先生、孫燕華女士及關嘉怡女士。 1. 考慮及批准本公司及其附屬公司截至2025年6月30日止六個月的中期業績及其 刊發； 2. 考慮建議派發中期股息（如有）； 3. 考慮暫停辦理本公司股份過戶登記手續（如有需要）；及 4. 處理任何其他事項（如有）。 為及代表 Cinese Interna ...

更改香港主要營業地點 富盈環球集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公 司於香港的主要營業地點及總部將搬遷至香港皇后大道中251號太興中心2座2樓， 自2025年8月13日起生效。 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，並明確表示概不對因本公告全部或任何部份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。 承董事會命 Cinese International Group Holdings Limited Cinese International Group Holdings Limited 富盈環球集團控股有限公司 （於加拿大安大略省註冊成立及於開曼群島存續的有限公司） （股份代號：1620） 主席及執行董事 高頌妍博士 香港，2025年8月13日 於本公告日期，執行董事為劉學斌先生及高頌妍博士；非執行董事為劉杰鋒先生；而獨立非執行董 事為談文濤先生、孫燕華女士及關嘉怡女士。 富盈環球集團控股有限公司 ...

Summary of Key Points Core Viewpoint - A total of 142 stocks reached their 52-week highs as of August 12, with notable performers including Yingmei Holdings (02028), Elite Group (01775), and Fuying Global Group (01620) achieving high rates of 164.89%, 84.78%, and 40.63% respectively [1]. Stock Performance - **Top Performers**: - Yingmei Holdings (02028) closed at 0.223 with a peak of 0.249, marking a 164.89% increase [1]. - Elite Group (01775) closed at 0.350 with a peak of 0.425, reflecting an 84.78% increase [1]. - Fuying Global Group (01620) closed at 0.180, reaching its peak at 0.180, showing a 40.63% increase [1]. - **Other Notable Stocks**: - Aoya Group (02425) increased by 34.36% [1]. - Fuyiy International Holdings (01470) saw a rise of 28.30% [1]. - Huajian Medical (01931) experienced a 27.58% increase [1]. 52-Week High Rankings - The ranking of stocks that reached their 52-week highs includes: - Yingmei Holdings (02028) at 164.89% [1]. - Elite Group (01775) at 84.78% [1]. - Fuying Global Group (01620) at 40.63% [1]. 52-Week Low Rankings - The report also highlights stocks that reached their 52-week lows, with notable declines including: - Jiadeng International Group (08153) at -15.25% [4]. - Kun Group (00924) at -12.86% [4]. - Zhongjia Guoxin (00899) at -10.00% [4].

Group 1 - The core viewpoint of the news highlights the significant stock performance of Fuying Global Group, which has seen a cumulative increase of 90% over the past month and 96.55% year-to-date, outperforming the Hang Seng Index by 24.16% [2] - As of December 31, 2024, Fuying Global Group reported total revenue of 88.8721 million yuan, a year-on-year decrease of 7.28%, and a net profit attributable to shareholders of -41.1856 million yuan, a year-on-year decrease of 1624.68% [2] - The company has a gross profit margin of 35.7% and a debt-to-asset ratio of 99.5% [2] Group 2 - Fuying Global Group is a long-established ticket wholesaler and travel service provider founded in 1976, with over 40 years of operational history [3] - The main business activities of Fuying Global Group include ticket distribution for airlines, travel business process management services, and the design and sale of travel products and services [3] Group 3 - Currently, there are no institutional investment ratings for Fuying Global Group [2] - The average price-to-earnings (P/E) ratio for the tourism and leisure facilities industry is 56.06 times, with the median at -0.79 times, while Fuying Global Group's P/E ratio stands at -3.08 times, ranking 99th in the industry [2]

致：香港交易及結算所有限公司 公司名稱: 富盈環球集團控股有限公司 呈交日期: 2025年8月1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) | 01620 | 說明 | 富盈環球集團 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 90,000,000,000 | HKD | | 0.0001 | HKD | | 9,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 90,000,000,000 | HKD | | 0.0001 | HKD | | 9,000,000 | 本月底法定/註冊股本總額： HKD 9,000,000 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 ...

Summary of Key Points Core Viewpoint - As of July 25, a total of 161 stocks reached their 52-week highs, indicating a strong market performance with notable leaders in the stock price increases. Group 1: Top Performers - Datong Group (02904) achieved a high rate of 78.34%, closing at 2.500 and reaching a peak of 2.800 [1] - Fuyuan (00352) followed with a 61.48% increase, closing at 0.143 and peaking at 0.197 [1] - Fuying Global Group (01620) recorded a 36.67% increase, closing at 0.118 and reaching a high of 0.123 [1] Group 2: Other Notable Stocks - Guoyao Technology Co., Ltd. (08156) reached a high of 30.30%, closing at 0.285 and peaking at 0.430 [1] - Yongsheng Medical (01612) saw a 29.85% increase, closing at 0.830 and reaching a high of 0.870 [1] - Ruiyuan Intelligent Control (08249) achieved a 28.39% increase, closing at 0.124 and peaking at 0.199 [1] Group 3: Additional Stocks with Significant Increases - Guorui Life (00108) increased by 27.88%, closing at 1.060 and reaching a high of 1.330 [1] - Tianji Holdings (01520) recorded a 24.11% increase, closing at 1.580 and peaking at 1.750 [1] - Quality International (00243) saw a 23.53% increase, closing at 0.495 and reaching a high of 0.630 [1] Group 4: 52-Week Low Performers - Hengtaiyu Group (08081) reached a low of -13.79%, closing at 0.027 and hitting a low of 0.025 [5] - Rongfeng Yi Holdings (03683) recorded a low of -10.53%, closing at 0.085 [5] - Xietong Communication (01613) saw a decrease of -4.17%, closing at 0.246 and reaching a low of 0.230 [5]

Company Overview - 富盈环球集团控股有限公司 is a long-established ticket wholesaler and travel service provider founded in 1976, with over 40 years of operational history [2] Financial Performance - As of December 31, 2024, 富盈环球集团 reported total revenue of 88.8721 million yuan, a year-on-year decrease of 7.28% [1] - The company recorded a net profit attributable to shareholders of -41.1856 million yuan, representing a year-on-year decrease of 1624.68% [1] - The gross profit margin stood at 35.7%, while the debt-to-asset ratio was 99.5% [1] Stock Performance - On July 25, the stock closed at 0.118 HKD per share, marking an increase of 35.63% with a trading volume of 18.54 million shares and a turnover of 2.0283 million HKD [1] - Over the past month, the stock has seen a cumulative increase of 40.32%, and a year-to-date increase of 50%, outperforming the Hang Seng Index, which rose by 27.95% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the tourism and leisure facilities industry is 53.98 times, with a median of -0.82 times [1] - 富盈环球集团's P/E ratio is -2.35 times, ranking 100th in the industry [1] - Other companies in the industry include 易站绿色科技 (0.12 times), 生活概念 (0.66 times), 凯升控股 (0.92 times), 嘀嗒出行 (1.26 times), and OKURA HOLDINGS (1.51 times) [1]

Financial Performance - Total revenue decreased by approximately 7.2% from HKD 103.5 million in 2023 to HKD 96.0 million in 2024[4] - Gross profit fell by about 22.4% from HKD 44.2 million in 2023 to HKD 34.3 million in 2024, with a gross margin decline from 42.7% to 35.7%[4] - The airline ticket distribution segment's revenue dropped by approximately 51.1% from HKD 22.1 million to HKD 10.8 million due to geopolitical tensions affecting air transport volumes[12] - The travel business process management segment's revenue remained stable at approximately HKD 21.5 million in 2024, with an increase in gross margin from 66.4% to 71.5%[13] - Revenue from the travel products and services segment increased by about 5.6% from HKD 60.3 million to HKD 63.7 million, driven by growth in the Greater Bay Area[14] - The company reported a significant loss of HKD 44.5 million in 2024 compared to a profit of HKD 2.9 million in 2023, marking a decline of 1,634.5%[4] Assets and Equity - Total assets decreased by 21.9% from HKD 141.8 million in 2023 to HKD 110.8 million in 2024[4] - Shareholders' equity plummeted by 98.9% from HKD 50.3 million to HKD 0.6 million, indicating severe financial strain[4] Liquidity and Ratios - The current ratio and quick ratio fell by 25.0% from 1.2 to 0.9, reflecting liquidity challenges[4] - The debt-to-equity ratio surged to approximately 415.9% as of December 31, 2024, up from approximately 6.6% as of December 31, 2023, primarily due to additional expected credit loss provisions impacting total equity[41] Credit Loss Provisions - As of December 31, 2024, the cumulative expected credit loss provision is approximately HKD 110.6 million, an increase from approximately HKD 83.9 million as of December 31, 2023, reflecting a significant rise in expected credit losses due to adverse impacts on international travel demand[36] - The expected credit loss provision for trade receivables increased to approximately HKD 1.8 million from approximately HKD 0.5 million year-on-year, while the provision for other receivables rose to approximately HKD 108.8 million from approximately HKD 83.4 million[36] Governance and Board Composition - The company is committed to good corporate governance practices, adhering to applicable codes and principles to enhance shareholder value[87] - The board consists of three independent non-executive directors, meeting the requirement that independent directors must constitute at least one-third of the board[93] - The company has established three board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee, each operating within its defined scope[101] - The company has adopted a board diversity policy, considering factors such as gender, age, cultural and educational background, and professional experience in the selection process[109] Risk Management - The company has established policies and procedures for risk management and internal control, with the board responsible for assessing the nature and extent of risks[110] - The risk management and internal control systems include a strategic risk register to control and evaluate identified risks, ensuring the effectiveness of risk mitigation procedures[111] - The board is aware that the risk management and internal control systems are designed to manage rather than eliminate risks associated with achieving business objectives[110] Employee and Management - As of December 31, 2024, the company had a total of 82 employees, comprising 32 males and 50 females, and is committed to reviewing gender diversity among its workforce[140] - The total remuneration for senior management for the year ending December 31, 2024, is approximately HKD 5.0 million, including salaries, allowances, bonuses, and retirement plan contributions[94] Environmental Commitment - The company has implemented recycling programs for consumables like toner and paper to minimize its environmental impact and is committed to sustainable development[139] Shareholding and Ownership - As of December 31, 2024, the company had a significant shareholding of 900,000,000 shares, representing 75.0% ownership by Mr. Liu through controlled entities[156] - The shareholding structure indicates that Mr. Liu controls 75.0% of the company through Tomorrow Education Technology Limited[157] Dividend Policy - The board will consider various factors, including financial performance and liquidity, when determining dividend payments to shareholders[127] - The company reported no final dividend for the year ended December 31, 2024, in order to retain cash for operational needs and future development[141]

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 96.0 million, a decrease of 7.2% compared to HKD 103.5 million in 2023[4] - Gross profit for the same period was HKD 34.3 million, down 22.4% from HKD 44.2 million in the previous year, resulting in a gross margin of 35.7%[4] - The company reported a net loss of HKD 44.5 million for the year, a significant decline from a profit of HKD 2.9 million in 2023, representing a change of 1,634.5%[4] - Basic and diluted loss per share was HKD 3.7, compared to earnings of HKD 0.2 per share in the prior year, reflecting a decrease of 1,955.0%[4] - Total revenue for the year ended December 31, 2024, was HKD 95,970,000, a decrease of 7.4% from HKD 103,510,000 in 2023[24] - The company's annual profit for 2024 was a loss of HKD 44,475,000, compared to a profit of HKD 2,917,000 in 2023[35] - The group incurred an operating loss before tax of HKD 28,244,000, with total administrative expenses amounting to HKD 23,159,000[23] - The group recognized a pre-tax loss of approximately HKD 28.2 million for the current year, compared to a pre-tax profit of approximately HKD 5.2 million for the year ended December 31, 2023, primarily due to an increase in expected credit loss provisions[64] Assets and Liabilities - Total assets decreased to HKD 110.8 million in 2024 from HKD 141.8 million in 2023, indicating a reduction of 21.9%[6] - Total liabilities increased to HKD 110.3 million in 2024 from HKD 91.5 million in 2023, marking a rise of 20.6%[7] - The group reported a net current liability of about HKD 13,220,000 at the end of the reporting period[13] - The amount payable to the immediate holding company as of December 31, 2024, was HKD 17.0 million, an increase from HKD 10.0 million as of December 31, 2023[71] Revenue Segmentation - Total external customer revenue for the year was HKD 95,970,000, with contributions from ticket distribution (HKD 10,811,000), travel business process management (HKD 21,480,000), and travel products and services (HKD 63,679,000)[23] - Revenue from the travel business process management segment increased to HKD 21,480,000 in 2024 from HKD 21,078,000 in 2023, representing a growth of 1.9%[25] - Revenue from mainland China was HKD 63,481,000 in 2024, up 5.4% from HKD 60,056,000 in 2023[27] - Revenue from the ticket distribution segment decreased by approximately HKD 11.3 million or 51.1% from about HKD 22.1 million for the year ended December 31, 2023, to about HKD 10.8 million for the year ended December 31, 2024[47] - Revenue from the travel products and services segment increased by approximately HKD 3.4 million or 5.6% from about HKD 60.3 million for the year ended December 31, 2023, to about HKD 63.7 million for the year ended December 31, 2024[49] Credit Loss Provisions and Financial Costs - The company experienced a significant increase in expected credit loss provisions, with a charge of HKD 29.7 million in 2024 compared to a reversal of HKD 1.2 million in 2023[5] - The company reported a net financial cost of HKD 172,000 in 2024, compared to HKD 70,000 in 2023, indicating an increase in financial expenses[31] Cash Flow and Working Capital - The net cash generated from operating activities for the current year was approximately HKD 3.2 million, compared to a net cash used of approximately HKD 24.8 million for the year ended December 31, 2023[65] - As of December 31, 2024, the group's cash and cash equivalents increased by approximately 15.2% to approximately HKD 30.4 million from approximately HKD 26.4 million as of December 31, 2023[65] - The group expects to have sufficient working capital to meet its financial obligations for at least the next twelve months[13] Employee and Operational Information - The total employee cost for the year was approximately HKD 29.5 million, down from approximately HKD 31.7 million for the year ended December 31, 2023[74] - The group had a total of 82 employees as of December 31, 2024, compared to 71 employees as of December 31, 2023[74] Dividends and Shareholder Information - The company did not declare any final dividend for the year ended December 31, 2024[4] - The company did not recommend any final dividend for the year ended December 31, 2024, consistent with 2023[36] - The company does not recommend the payment of a final dividend for the year, maintaining cash for operational needs and future development[50] Compliance and Reporting - The group has maintained compliance with all bank covenants as of December 31, 2024, and 2023[45] - The preliminary announcement of the group's annual performance figures is consistent with the audited consolidated financial statements[89] - The annual performance announcement is published on the Hong Kong Stock Exchange website and the company's website[90] - The annual report contains all information required by the Listing Rules Appendix D2 and will be sent to shareholders at the appropriate time[90] Future Outlook and Strategy - The group anticipates continued revenue growth from self-operated tours in the Greater Bay Area, driven by its travel products and services segment[13] - The company aims to consolidate its market share in the Greater Bay Area tourism sector and explore new business opportunities[51] - The company will continue to monitor and reassess its ticket distribution business model in response to geopolitical tensions affecting air transport volumes between China and North America[51] Accounting and Financial Standards - The group has not adopted any new accounting standards that would have a significant impact on its consolidated financial statements[14] - The group is evaluating the specific impact of the new International Financial Reporting Standard 18 on its consolidated financial statements, effective from January 1, 2027[19] Miscellaneous - The company has not engaged in any major investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the year[75] - The company has not entered into any derivative transactions or established any financial instruments to hedge foreign currency risks during the year[73] - There were no significant contingent liabilities or guarantees as of December 31, 2024[77] - The executive directors as of the announcement date include Mr. Liu Xuebin and Dr. Gao Songyan[92]

Financial Performance - The company's revenue for the six months ended June 30, 2024, increased by 32.5% to approximately HKD 50.1 million, compared to HKD 37.8 million for the same period in 2023[3]. - Gross profit rose by 1.1% to approximately HKD 18.1 million, with a gross margin decline from 47.2% to 36.2%[3]. - The company reported a loss of HKD 28.8 million for the period, a significant decrease from a profit of HKD 0.6 million in the previous year, representing a 4,900% decline[3]. - Overall group revenue increased by approximately 32.5% from HKD 37.8 million for the six months ended June 30, 2023, to HKD 50.1 million for the six months ended June 30, 2024[12]. - The group reported a pre-tax loss of approximately HKD 19.8 million for the six months ended June 30, 2024, compared to a pre-tax profit of approximately HKD 1.8 million for the same period in 2023[24]. - The company reported a net loss attributable to shareholders of HKD 28,826,000 for the six months ended June 30, 2024, compared to a profit of HKD 590,000 in the prior year[52]. - The company reported a net loss of HKD 28,826 million for the six months ended June 30, 2024, compared to a loss of HKD 3,105 million for the same period in 2023[55]. Revenue Breakdown - Revenue from ticket distribution decreased by approximately 36.7% to HKD 6.2 million, primarily due to a stagnation in air transport volume between China and North America[8]. - Revenue from travel business process management remained stable at approximately HKD 11.2 million, with an increase in gross margin from 63.4% to 72.5%[9]. - The travel products and services segment reported a revenue increase of approximately 89.0% from HKD 17.3 million for the six months ended June 30, 2023, to HKD 32.7 million for the six months ended June 30, 2024[10][15]. - Total revenue for the six months ended June 30, 2024, was HKD 50,053,000, with contributions from ticket distribution (HKD 6,174,000), travel business process management (HKD 11,150,000), and travel products and services (HKD 32,729,000)[65]. Asset and Equity Changes - Total assets decreased by 14.5% to HKD 121.3 million as of June 30, 2024, down from HKD 141.8 million at the end of 2023[4]. - Shareholders' equity fell by 62.0% to HKD 19.1 million, compared to HKD 50.3 million at the end of 2023[4]. - The company's equity attributable to owners decreased significantly from HKD 50,282 million to HKD 19,145 million, a decline of approximately 61.9%[53]. Cash Flow and Liquidity - The net cash generated from operating activities for the six months ended June 30, 2024, was approximately HKD 5.5 million, slightly down from approximately HKD 5.7 million for the same period in 2023[25]. - The group's cash and cash equivalents increased by approximately 31.4%, from about HKD 26.4 million as of December 31, 2023, to approximately HKD 34.7 million as of June 30, 2024[25]. - The current ratio decreased by 19.5% to 0.99, indicating a decline in liquidity compared to the previous period[4]. Expenses and Loss Provisions - The expected credit loss provision increased from approximately HKD 4.2 million for the six months ended June 30, 2023, to approximately HKD 20.2 million for the six months ended June 30, 2024, due to an increase in the aging balances of certain debtors[23]. - The total operating expenses for the six months ended June 30, 2024, were HKD 19,509,000, slightly down from HKD 20,293,000 in the previous year[52]. - The total administrative expenses increased to HKD 51,420,000 for the six months ended June 30, 2024, compared to HKD 40,268,000 in the same period of 2023, marking an increase of 27.0%[70]. Governance and Compliance - The board of directors has complied with the corporate governance code, with a noted deviation regarding the separation of the roles of Chairman and CEO[39]. - The audit committee has reviewed the interim financial results for the six months ending June 30, 2024, confirming compliance with applicable accounting standards[42]. - The company has established an audit committee to oversee financial reporting and risk management, consisting of three independent non-executive directors[41]. Shareholder Information - Major shareholders include Tomorrow Education Technology Limited, holding 75.0% of the shares, and Mr. Liu, who also holds 75.0% through controlled entities[46]. - The company has a significant ownership structure, with Mr. Liu holding 75% of the shares through controlled entities[43]. Credit Risk and Receivables - The expected credit loss provision for amounts receivable from travel companies for ticket costs was HKD 102,508,000 as of June 30, 2024[97]. - The total expected credit loss provision for the period was HKD 20,167,000, reflecting adjustments based on macroeconomic factors[97]. - The company has identified that 60% of trade receivables as of June 30, 2024, came from its three largest customers, indicating a concentration of credit risk[98]. Financial Assets and Fair Value - As of June 30, 2024, the total financial assets measured at fair value amounted to HKD 3,110,000, with HKD 1,480,000 classified as Level 1 and HKD 1,630,000 as Level 3[103]. - The fair value of financial assets measured at fair value through profit or loss was HKD 1,480,000 as of June 30, 2024[103]. - The fair value of financial assets measured at fair value through other comprehensive income was HKD 1,630,000 as of June 30, 2024[103].