| 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: | 樺欣控股有限公司 | | | | 呈交日期: | 2025年8月4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) | 01657 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 200,000,000 | HKD | | 0.01 HKD | | 2,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 200,000,000 | HKD | | 0.01 HKD | | 2,000,000 | ...

Company Overview - Huanxin Holdings (桦欣控股) reported a closing price of HKD 9.63 per share, with an increase of 8.45% and a trading volume of 59,000 shares, totaling HKD 553,900 in transaction value [1] - The company has experienced a cumulative decline of 9.39% over the past month, while showing a year-to-date increase of 8.42%, underperforming the Hang Seng Index which has risen by 23.5% [2] - Huanxin Holdings was established in 1998 and focuses on design and manufacturing in the international apparel sector, successfully listing in 2017 [3] Financial Performance - For the fiscal year ending April 30, 2025, Huanxin Holdings achieved total revenue of HKD 143 million, reflecting a year-on-year growth of 25.11% [2] - The company reported a net profit attributable to shareholders of HKD -5.6068 million, which is a 64.77% increase compared to the previous year [2][4] - The gross profit margin stands at 19.74%, with a debt-to-asset ratio of 28.66% [2] Valuation and Market Position - Currently, there are no institutional investment ratings for Huanxin Holdings [3] - The company's price-to-earnings (P/E) ratio is -47.04, ranking 69th in the industry, while the average P/E ratio for the textile and apparel sector is -17.44 [3] - Competitors in the industry include FAST RETAIL-DRS (P/E 0.34), Zhejiang Yong'an (P/E 1.34), and others, indicating a challenging valuation landscape for Huanxin Holdings [3] Strategic Initiatives - Huanxin Holdings aims to establish a network of hundreds of influencers to create personalized clothing brands, providing opportunities for influencers to build and sell their products on platforms [3]

Core Viewpoint - Huaxin Holdings is facing multiple challenges, with a significant decline in traditional business revenue and limited growth in new retail operations, prompting the company to accelerate its transformation towards institutional catering services to seek new growth points [1] Traditional Business Performance - The traditional segment of Huaxin Holdings has shown concerning performance, with revenue dropping from approximately 71.8 million HKD in the same period last year to about 41.0 million HKD, a decrease of 42.9% [3] - This decline is primarily attributed to reduced sales orders from a major client targeting the US market, influenced by ongoing global economic uncertainties affecting consumer discretionary spending [3] - The total revenue for the company in the mid-2025 report was 64.39 million HKD, down from 123 million HKD in the 2024 report, indicating a contraction in overall business scale [3] - The gross margin has also weakened, falling to 10.49% in the mid-2025 report from 14.90% in the 2024 report, highlighting challenges in cost control and pricing power [3] - The company reported a negative earnings per share of -0.28 HKD, indicating continued losses at the core operational level [3] New Retail Business Growth - In contrast to the traditional business, Huaxin Holdings' new retail segment has shown some growth potential, with revenue increasing by 31.4% from approximately 14.0 million HKD to about 18.4 million HKD [4] - This growth is mainly driven by increased sales orders from a major client in the UK, and the company plans to enhance its influencer collaboration to maintain and boost sales [4] - Despite the 31.4% growth, the absolute scale of the new retail business remains relatively small, with revenues of about 18.4 million HKD insufficient to offset the significant decline in traditional business [4] - The company aims to explore potential clients in different regions and expand its fashion-related offerings, including footwear and bags, while seeking collaborations with international celebrities to enhance its brand image [4] Institutional Catering Business as a New Growth Point - In response to challenges in the apparel sector, Huaxin Holdings launched an institutional catering service in December 2023, generating approximately 5.1 million HKD in revenue during the reporting period [6] - The company expresses strong confidence in this new business, citing successful initial performance and high customer satisfaction, with several proposals already under negotiation [6] - Financially, the company holds cash and cash equivalents of 20.90 million HKD and a current ratio of 4.04, indicating sufficient short-term liquidity to support its business transformation [6] - However, the company has reported continuous losses, with a loss of 9.034 million HKD in the mid-2025 report and a negative return on equity of -10.64%, reflecting ongoing challenges in overall profitability [6] - Looking ahead, Huaxin Holdings faces significant challenges, as the uncertain pace of global economic recovery will continue to impact apparel demand, necessitating a balance between cost control and business transformation [6]

公告称，亏损减少乃主要由于供应服装产品及向私营机构提供机构餐饮的业务所产生的收入及毛利增 加，以及本年度取得按公平值计入损益的财务资产的已变现及未变现损净额损减少所致。 智通财经APP讯，桦欣控股(01657)发布截至2025年4月30日止年度的全年业绩，该公司收益1.5亿港元， 同比增加25.11%;年内亏损604.1万港元，同比减少63.52%;每股基本亏损0.189港元。 ...

Group 1 - The company Huaxin Holdings (01657) announced the appointment of current executive director Li Limei and current independent non-executive director Li Guohong as members of the board nomination committee, effective from July 29, 2025 [1]

桦欣控股(01657)发布公告，现任执行董事李丽美女士及现任独立非执行董事黎国鸿先生获委任为董事 会提名委员会成员，自2025年7月29日起生效。 ...

Core Viewpoint - Hwa Hsin Holdings (01657.HK) announced the appointment of current executive director Li Limei and current independent non-executive director Li Guohong as members of the board nomination committee, effective from July 29, 2025 [1] Group 1 - The announcement pertains to changes in the board structure of Hwa Hsin Holdings [1] - The new appointments are part of the company's governance and oversight mechanisms [1] - The effective date for the new appointments is specified as July 29, 2025 [1]

Core Viewpoint - The company reported a 25.1% year-on-year increase in revenue for 2025, reaching approximately HKD 154 million, despite ongoing geopolitical tensions and high inflation impacting the market [1] Financial Performance - The total comprehensive expenses attributable to the company's owners were approximately HKD 6.2 million, a significant decrease from HKD 17.6 million for the year ending April 30, 2024 [1] - The basic loss per share for the year was approximately HKD 0.189, compared to HKD 0.536 for the year ending April 30, 2024, indicating a reduction in losses [1] Revenue Drivers - The increase in revenue was primarily driven by (i) higher income from supplying clothing products and providing institutional meals to private entities; (ii) increased sales orders and revenue from supplying clothing products to a major client based in the UK and a new client targeting the US market [1]

SG Group Holdings Limited 樺欣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1657） 董事名單及其角色和職能 樺 欣 控 股 有 限 公 司 董 事（「董 事」）會（「董事會」）成 員 如 下： 執行董事 蔡敬庭 （董事會主席） 蔡清丞 李麗美 獨立非執行董事 黎國鴻 楊存洲 香港，二零二五年七月二十九日 Cüneyt Bülent Bilâloğlu 共有三個董事會委員會。下表列出各委員會成員於此等委員會服務之成員資訊。 | | 審核及風險 | | | | --- | --- | --- | --- | | | 管理委員會 | 薪酬委員會 | 提名委員會 | | 蔡敬庭 | | M | C | | 李麗美 | | | M | | 黎國鴻 | C | | M | | 楊存洲 | M | C | M | | Cüneyt Bülent Bilâloğlu | M | M | M | 附 註: C: 有關委員會的主席 M: 有關委員會的成員 ...

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，並明確表示概不會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之任何損失承擔任何責任。 SG Group Holdings Limited 樺欣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1657） 於本公告日期，執行董事為蔡敬庭先生、蔡清丞先生及李麗美女士；而獨立非執行董事 為黎國鴻先生、楊存洲先生及 Cüneyt Bülent Bilâloˇglu 先生 上述變動後，提名委員會由五名成員組成，分別為蔡敬庭先生（委員會主席）、李麗美 女士、黎國鴻先生、楊存洲先生及Cüneyt Bülent Bilâloˇglu先生。 承董事會命 樺欣控股有限公司 主席、執行董事兼行政總裁 蔡敬庭 香港，二零二五年七月二十九日 提名委員會成員變動 樺欣控股有限公司（「本公司」）董事（「董事」）會(「董事會」）宣佈，現任執行董事李麗美 女士及現任獨立非執行董事黎國鴻先生獲委任為董事會提名委員會（「提名委員會」）成 員，自二零二五年七月二十九日起生效。 ...