Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 香港交易及結算所有限公司以及香港聯 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。 YEE HOP Yee Hop Holdings Limited 義合控 ...

智通财经APP获悉，4月8日， 宏工科技(301662.SZ)开启申购，发行价格为26.6元/股，申购上限为0.45万股，市盈率7.05倍，属于深交所，广发证券为其保荐 人。 招股书披露，宏工科技聚焦于粉料、粒料、液料、浆料等散装物料的自动化处理产线及设备的研发、生产和销售，是一家具有自主核心设备、配件和软件的 物料自动化处理方案解决商。公司主要向锂电池及正负极材料、精细化工等行业客户提供物料自动化处理产线及设备，满足客户稳定高效的生产制造需求。 宏工科技于招股书中表示，2021年至2023年公司营业收入大幅增长主要系公司与头部客户合作项目不断增加。2024年以来，公司下游领域扩产节奏放缓，公 司营业收入出现下滑。2024年1-9月营业收入及净利润分别约为14.59亿元及 1.11亿元，同比下滑26.44%及37.42%。 报告期内，宏工科技物料自动化处理产线的产销率分别为 89.80%、69.78%、76.47%、 110.47%，单机设备的产销率分别为 77.32%、 77.47%、131.03%、 89.69%。 | 产品类别 | 项目 | 2024 年 1-9 月 | 2023 年 | 2022 年 ...

Revenue and Profitability - For the six months ended 30 September 2024, total revenue was HK$387,207,000, with contributions from foundation and other civil works at HK$311,961,000, tunneling works at HK$68,915,000, and premises revitalisation and enhancement at HK$6,331,000[19] - The company reported a profit before taxation of HK$2,745,000 for the six months ended 30 September 2024[19] - For the six months ended 30 September 2023, the company reported total revenue of HK$661,739,000, with construction revenue under foundation and other civil works at HK$589,841,000 and tunneling works at HK$58,033,000[13] - Revenue from external customers for the six months ended 30 September 2024 was approximately HK$661.7 million, an increase from HK$387.2 million in the same period of 2023, representing a growth of approximately 71%[74] - The gross profit of the Group increased from approximately HK$48.0 million for the six months ended 30 September 2023 to approximately HK$78.1 million for the same period in 2024, reflecting an increase of approximately 62.6%[95] - The profit for the period attributable to owners of the company was HK$21,780,000, compared to HK$2,958,000 in the previous year, reflecting an increase of around 638%[191] Segment Performance - The segment profit for foundation and other civil works was HK$37,831,000, while tunneling works generated a profit of HK$16,826,000, and premises revitalisation and enhancement incurred a loss of HK$6,631,000, resulting in a total segment profit of HK$48,026,000[19] - Total segment revenue for foundation and other civil works, tunneling works, and premises revitalisation and enhancement reached HK$767.89 million, up from HK$756.53 million in the previous period, showing a growth of approximately 1.7%[66] - Segment profit for foundation and other civil works was HK$79,103,000, while tunneling works reported a profit of HK$2,106,000; however, premises revitalisation and enhancement incurred a loss of HK$3,704,000[156] Assets and Liabilities - Non-current assets decreased from HK$527,862,000 as of March 31, 2024, to HK$523,277,000 as of September 30, 2024, reflecting a decline of approximately 0.11%[25] - Current assets increased from HK$547,741,000 as of March 31, 2024, to HK$647,439,000 as of September 30, 2024, representing an increase of approximately 18.2%[25] - Total assets increased to HK$1,170.72 million as of September 30, 2024, compared to HK$1,075.60 million at the end of the previous period, reflecting a growth of approximately 8.8%[66] - Total liabilities increased to HK$671,240,000 as of September 30, 2024, up from HK$596,257,000 as of March 31, 2024, representing an increase of approximately 12.6%[139] - The net assets of the Group as of September 30, 2024, were HK$499,476,000, an increase from HK$479,346,000 as of March 31, 2024, indicating a growth of approximately 4.3%[146] Cash Flow and Financing - Net cash from operating activities for the six months was HK$58,155,000, compared to HK$65,816,000 in the previous year, indicating a decrease of 11.1%[167] - The company reported a net increase in cash and cash equivalents of HK$39,263,000 for the period, up from HK$34,063,000 in the prior year[167] - The company raised new bank borrowings of HK$11,600,000 during the financing activities[167] - The company obtained new borrowings of approximately HK$11,600,000 during the six months ended 30 September 2024, up from HK$7,848,000 in the previous period[191] Shareholder Information - The Company declared a special dividend of HK$0.10 per share on 25 November 2024, following no dividends being paid or proposed during the reporting period[108] - The weighted average number of ordinary shares for the purpose of basic earnings per share was 499,898,000 for the six months ended 30 September 2024, slightly down from 500,000,000 in the same period of 2023[101] - Earnings per share for the period were HK$0.06, compared to HK$0.02 in the previous year, representing a 200% increase[191] Taxation - The current period taxation for Hong Kong Profits Tax increased significantly to HK$11,209,000 from HK$4,326,000 year-over-year, reflecting a growth of approximately 159%[132] - No provision for Philippines Corporate Tax was made for the six months ended 30 September 2024 and 2023, as the Philippines subsidiary did not have any assessable profits[108] Operational Highlights - The Group's operations are located in Hong Kong, the PRC, and the Philippines, indicating a geographical diversification strategy[21] - The Group aims to expand its health and environmental innovations business, focusing on public health, food chain environmental health, and ESG building materials in Hong Kong and other Asian countries[114] - The Group has been awarded construction projects with a total original contract sum of approximately HK$510.6 million during the Period[112] Financial Management - The Group's financial risk management policies ensure that all payables are settled within the credit timeframe, reflecting a proactive approach to financial management[185] - The interim financial information has not been audited, which may affect the reliability of the reported figures[179] - The Group's functional currency is Hong Kong dollars (HK$), which is consistent across its subsidiaries except for those in the PRC and the Philippines[179]

Financial Performance - Revenue for the six months ended September 30, 2024, increased to HK$661,739,000, up 71% from HK$387,207,000 in the same period of 2023[4] - Gross profit for the period was HK$78,079,000, representing a 63% increase compared to HK$48,026,000 in the prior year[4] - Profit for the period reached HK$21,780,000, a significant rise from HK$2,958,000 in the same period last year, marking a growth of 634%[4] - Earnings per share increased to HK$0.06, compared to HK$0.02 for the same period in 2023[7] - Total comprehensive income for the period was HK$24,063,000, compared to HK$1,197,000 in the previous year[7] - Profit before taxation for the Group was HK$32,419,000 for the six months ended September 30, 2024, a significant increase from HK$9,780,000 in the same period of 2023[74] - The consolidated profit attributable to the owners of the Company amounted to approximately HK$32.4 million for the Period, representing an increase of 231.5% compared to approximately HK$9.8 million for the 2023 Corresponding Period[140] Revenue Breakdown - For the six months ended September 30, 2024, the Group reported total revenue of HK$654,016,000, a significant increase of 71.0% compared to HK$382,770,000 for the same period in 2023[27] - Construction revenue under foundation and other civil works reached HK$589,841,000, up 88.9% from HK$311,961,000 in the previous year[27] - Revenue from foundation and other civil works increased by approximately 89.1%, from HK$312.0 million to HK$589.8 million, primarily due to the full swing of several projects[124] - Revenue from tunneling works decreased by approximately 15.8%, from HK$68.9 million to HK$58.0 million, due to a reduction in the number of ongoing projects[125] - Revenue from premises revitalization and enhancement increased by approximately 106.0%, from HK$6.3 million to HK$13.0 million, attributed to increased rental income and building management fees[126] Assets and Liabilities - Current assets as of September 30, 2024, totaled HK$647,439,000, an increase from HK$547,741,000 as of March 31, 2024[10] - Non-current assets decreased slightly to HK$523,277,000 from HK$527,862,000 as of March 31, 2024[10] - Total assets as of September 30, 2024, amounted to HK$1,170,716, an increase from HK$1,075,603 as of March 31, 2024[49] - Total liabilities increased to HK$671,240 as of September 30, 2024, compared to HK$596,257 as of March 31, 2024[52] - Net assets as of September 30, 2024, were HK$499,476,000, up from HK$479,346,000 as of March 31, 2024[13] Cash Flow and Financing - As of September 30, 2024, the Group had bank balances and cash of approximately HK$205.2 million, up from approximately HK$166.7 million as of March 31, 2024[140] - The Group's net current assets as of September 30, 2024 were approximately HK$294.6 million, an increase from approximately HK$266.8 million as of March 31, 2024[140] - Bank borrowings decreased from HK$14,903,000 as of March 31, 2024, to HK$2,113,000 as of September 30, 2024, a decline of 85.8%[98] - Other borrowings increased to HK$95,373,000 as of September 30, 2024, compared to HK$81,988,000 as of March 31, 2024, marking an increase of 16.2%[98] - The Group's total debts, including bank and other borrowings and lease liabilities, as of September 30, 2024, are approximately 81.3% of total equity, slightly down from 81.4% as of March 31, 2024[142] Operational Highlights - The Group's reportable segments include foundation and other civil works, tunneling works, and premises revitalisation and enhancement[33] - The Group has 27 projects on hand as of 30 September 2024, with 21 related to foundation works and 6 to tunneling works[117] - The Group was awarded construction projects with a total original contract sum of approximately HK$510.6 million during the period, including 3 foundation works and 2 tunneling works[116] Research and Development - Research and development expenses amounted to HK$3,016,000 for the six months ended September 30, 2024, compared to no expenses in the same period of 2023, indicating a focus on innovation[68] - The Group has been recognized for its commitment to innovation, winning two gold medals and one bronze medal at the 49th International Exhibition of Inventions Geneva in April 2024[113] - The company is focused on expanding its biomedical technology capabilities through the establishment of the Comm Lab in HKSTP[157] Corporate Governance and Compliance - The Company has complied with the provisions of the Corporate Governance Code during the period[147] - The Audit Committee reviewed the unaudited Interim Financial Information for the six months ended September 30, 2024[150] - The company is committed to adhering to the Securities and Futures Ordinance, ensuring regulatory compliance in its operations[161] Shareholder Information - A special dividend of HK$0.10 per share was declared on November 25, 2024, following no dividends paid or proposed during the reporting period[72] - The register of members will be closed from December 6 to December 9, 2024, for determining entitlement to the special dividend[147] - The Company purchased 2,360,000 shares in September 2024 for the Share Award Plan, with no other purchases, sales, or redemptions of listed securities during the period[147]

42 Yee Hop Holdings Limited 義合控股有限公司 Mr. Wai Aoting (alias: Paul)（韋傲挺）, aged 45, directors and legal representatives of certain subsidiaries in the PRC and the chief operating officer of the premises revitalisation and enhancement business of the Group. Mr. Wai joined the Group in March 2021. Mr. Wai has over 18 years of experience in real estate development and revitalizing historic buildings. Mr. Wai graduated from the Sun Yat-sen University (中山大學) with a Bachelor's Degree of Business Administration in Ma ...

– 25 – Revenue Revenue from the foundation and other civil works segment increased from approximately HK$563.8 million for the 2023 Corresponding Year to approximately HK$670.6 million for the 2024 Financial Year, an increase of approximately 18.9%. The increase in the revenue of the foundation works was primarily due to the increase in the number of projects tendered and commenced during the 2024 Financial Year. Rental income and management fee income under premises revitalization and enhancement business ...

Revenue and Profitability - Revenue for the six months ended September 30, 2023, was HK$387,207,000, an increase from HK$341,637,000 in the same period last year, representing a growth of 13.3%[7] - Gross profit for the period was HK$48,026,000, compared to HK$41,410,000 in the previous year, reflecting a gross margin improvement[7] - Profit for the period decreased to HK$2,958,000 from HK$11,313,000, indicating a decline of 73.8% year-over-year[7] - Earnings per share for the period were HK$0.02, down from HK$0.03 in the same period last year[9] - Total comprehensive income for the period was HK$1,197,000, compared to a loss of HK$3,095,000 in the previous year[9] - The Group's earnings for the six months ended September 30, 2023, were HK$9,780,000, a decrease of 41.4% compared to HK$16,661,000 for the same period in 2022[128] - The consolidated profit attributable to the owners of the Company amounted to approximately HK$9.8 million, a decrease of 41.3% from approximately HK$16.7 million for the 2022 Corresponding Period[195] Expenses and Costs - Administrative and other expenses were HK$36,464,000, slightly increased from HK$36,463,000 year-over-year[7] - Finance costs rose to HK$14,002,000 from HK$8,315,000, marking a significant increase of 68.5%[7] - Other income and gains for the period were HK$5,983,000, down from HK$18,702,000 year-over-year[7] - Employee benefits expenses for the six months ended 30 September 2023 were HK$84,078,000, down from HK$85,973,000 in 2022[112] - Depreciation of property, plant, and equipment for the six months ended 30 September 2023 was HK$12,814,000, slightly up from HK$12,522,000 in 2022[112] Assets and Liabilities - As of September 30, 2023, total assets amounted to HK$1,048,714,000, a decrease from HK$1,055,888,000 as of March 31, 2023, reflecting a decline of approximately 0.68%[11] - Current liabilities increased to HK$225,211,000 from HK$193,035,000, representing a rise of about 16.67%[11] - Net current assets decreased slightly to HK$253,866,000 from HK$259,006,000, indicating a decline of approximately 1.67%[11] - Non-current liabilities decreased to HK$349,303,000 from HK$389,944,000, showing a reduction of about 10.43%[13] - The company's net assets increased to HK$474,200,000 from HK$473,003,000, reflecting a growth of approximately 0.25%[13] - Total equity attributable to owners of the Company rose to HK$488,669,000 from HK$480,509,000, marking an increase of about 1.45%[13] - Cash and bank balances increased to HK$160,915,000 from HK$127,196,000, representing a significant rise of approximately 26.54%[11] Revenue Segmentation - For the six months ended 30 September 2023, total revenue from contracts with customers was HK$382,770,000, an increase from HK$341,005,000 for the same period in 2022, representing a growth of approximately 12.3%[25] - Construction revenue under foundation and other civil works amounted to HK$311,961,000 for the six months ended 30 September 2023, compared to HK$267,142,000 in the prior year, reflecting a growth of about 16.8%[30] - Management fees income under premises revitalisation and enhancement was HK$68,915,000 for the current period, slightly down from HK$73,397,000 in the previous year, indicating a decrease of approximately 6.7%[30] - Rental income under premises revitalisation and enhancement reached HK$4,437,000 for the six months ended 30 September 2023, a significant increase from HK$632,000 in the same period last year, marking a growth of over 600%[25] - Revenue from external customers in Hong Kong was HK$380,331,000, up 13.0% from HK$336,618,000 in the previous year[73] - Revenue from the PRC increased significantly to HK$6,331,000 from HK$1,098,000, representing a growth of 476.5%[73] - Revenue from the Philippines decreased to HK$545,000 from HK$3,921,000, a decline of 86.1%[73] Cash Flow and Financing - Net cash from operating activities for the six months ended September 30, 2023, was HK$65,816,000, a significant increase from HK$733,000 in the same period last year[19] - Net cash used in investing activities was HK$6,822,000, compared to a net cash outflow of HK$31,168,000 in the previous year[19] - Net cash used in financing activities amounted to HK$38,575,000, a decrease from a net cash inflow of HK$18,167,000 in the prior year[19] - The net increase in cash and cash equivalents for the period was HK$34,063,000, compared to a decrease of HK$12,268,000 in the same period last year[19] - The company reported a repayment of bank borrowings totaling HK$16,953,000 during the financing activities[19] - The Group's total borrowings as of September 30, 2023, were HK$106,459,000, a decrease from HK$122,259,000 as of March 31, 2023[137] Corporate Governance and Compliance - The Company has committed to maintaining control by ensuring that key shareholders hold at least 51% of the shares[89] - The Company has complied with the Corporate Governance Code throughout the reporting period[91] - The interim financial information has not been audited and does not include all information required for a full set of financial statements[22] - The Group's financial statements have been prepared in accordance with the applicable disclosure provisions of the Hong Kong Stock Exchange and HKAS 34[24] Future Outlook and Strategy - The company is focusing on market expansion and new product development strategies to enhance future performance[7] - The Group aims to actively explore new opportunities and business diversification to capture new market opportunities and provide satisfactory long-term returns to shareholders[161] - The Group expects to recognize future revenue from construction contracts over the next 2 to 28 months[37]

Hong Kong Exchanges and Clearing Limited and The Stock 香港交易及結算所有限公司以及香港聯 Exchange of Hong Kong Limited take no responsibility for 合交易所有限公司對本公告的內容概不 the contents of this announcement, make no representation 負責，對其準確性或完整性亦不發表任 as to its accuracy or completeness and expressly disclaim any 何聲明，並明確表示概不就本公告全部 liability whatsoever for any loss howsoever arising from or in 或任何部分內容而產生或因依賴該等內 reliance upon the whole or any part of the contents of this 容而引致的任何損失承擔任何責任。 announcement. Yee Hop Holdings Limited 義合控股有限公司 (I ...

Financial Reporting and Governance - The Board acknowledges its responsibility in preparing the Group's consolidated financial statements for each financial year, ensuring they give a true and fair view of the Group's state of affairs, results, and cash flows [16]. - The Company has adopted a dividend policy, allowing the Board to declare and distribute dividends at its discretion, considering the Group's operational and financial performance, retained earnings, and future funding needs [17]. - The Board ensures that all Directors receive adequate information to perform their duties effectively, with access to independent professional advice when necessary [10]. - The Company Secretary and senior management attend all Board meetings to advise on corporate governance, statutory compliance, and financial matters [6]. - The Board has established procedures for handling conflicts of interest during meetings, ensuring transparency and compliance with regulations [9]. - The Company has adopted the corporate governance code as per the listing rules and complied with its provisions during the 2023 financial year [165]. - The management is committed to high standards of corporate governance and enhancing internal controls and risk management systems to protect shareholder interests [164]. - The Company has implemented an anti-corruption policy to uphold high standards of integrity and ethics in its operations [51]. - The Board conducted an annual review of the shareholders' communication policy, confirming its proper implementation during the 2023 Financial Year [105]. Internal Control and Risk Management - The Group has engaged an external internal control consultant to review various aspects of the internal control and risk management systems, with the Audit Committee overseeing these systems and reporting any material issues to the Board [20]. - The Company does not establish an internal audit function but relies on external consultants for internal control reviews [20]. - The Board is committed to maintaining effective internal control and risk management systems, which have been reviewed and deemed effective [41][42]. - The Company has engaged external consultants to review its internal control and risk management systems, ensuring adequate resources and qualifications for financial reporting functions [44]. Employee and Workforce Management - As of March 31, 2023, the Group employed 348 staff in Hong Kong, 41 in the Philippines, and 58 in China, showing a decrease in total employees from 511 to 447 year-over-year [58]. - Employee compensation expenses for continuing and discontinued operations amounted to approximately HKD 178.1 million for the 2023 Financial Year, down from HKD 190.0 million in the previous year [58]. - The total employee remuneration expense and Directors' emoluments for the 2023 Financial Year amounted to approximately HK$178.1 million, down from HK$198.0 million in the previous year, representing a decrease of about 10% [114]. - The Group has a structured annual review system for employee performance, which influences salary adjustments, bonuses, and promotions [114]. - The Group emphasizes a culture of commitment to workforce development, workplace safety, and sustainability, aiming for long-term and sustainable growth [64][68]. Financial Performance - The Group recorded consolidated revenue from continuing operations of approximately HK$707.8 million, a decrease of 3.8% from the previous year [197]. - Gross profit from continuing operations amounted to HK$76.2 million, representing a decrease of 26.7% compared to the previous year [197]. - Profit attributable to owners of the Company from continuing operations was HK$12.1 million, a decrease of 65.0% year-on-year [197]. - Earnings per share from continuing and discontinued operations was HK$0.02, down from HK$0.07 in the previous year [197]. - The Group maintains a healthy financial position with net current assets of HK$259.0 million and a net cash position at the financial year end [197]. Dividend Policy - The Company did not recommend the payment of a final dividend for the 2023 Financial Year, consistent with the previous year where no dividend was paid [56]. - No interim dividends were paid by the Group during the 2023 Financial Year, consistent with the previous year [83]. - The Board will continue to review the Dividend Policy, retaining the discretion to amend it at any time without a legally binding commitment to pay dividends [40]. - The Board does not recommend a payment of final dividend to shareholders for the 2023 Financial Year, consistent with the previous year where no dividend was paid [157]. - The Group did not declare any final dividend for the 2023 financial year, consistent with the previous year where no dividends were paid [161]. Project and Business Development - As of March 31, 2023, 96.4% of the apartments in the Birmingham Property Project have been sold, with plans to dispose of the remaining apartments in the near future [73]. - The Group plans to continue developing premises revitalization and enhancement projects in Guangzhou, focusing on improving design, convenience, and security [199]. - The Group aims to diversify its business and broaden revenue sources in line with the national "14th Five-Year Plan" to support the development of the Greater Bay Area as an international innovation and technology hub [200]. - The Group is actively involved in various subsidiaries, enhancing its operational capabilities and market presence [108]. Management and Leadership - The Group's management team includes individuals with extensive experience, such as Mr. Yan Chi Tat, who has over 25 years in the engineering and construction industry [110]. - The Group's financial management and internal control are overseen by Mr. Chong, who has over 20 years of experience in audit and finance [128]. - The Group's project management is led by Mr. Chan King Yip, who has over 20 years of experience in handling engineering and construction projects [122]. - The Group's strategic direction is influenced by its founding members, who have decades of experience in the industry [108][111]. - The Group is focused on formulating corporate strategies and business development, with key personnel responsible for these areas having significant industry experience [114].

Hong Kong Exchanges and Clearing Limited and The Stock 香港交易及結算所有限公司以及香港聯 Exchange of Hong Kong Limited take no responsibility for 合交易所有限公司對本公告的內容概不 the contents of this announcement, make no representation 負責，對其準確性或完整性亦不發表任 as to its accuracy or completeness and expressly disclaim any 何聲明，並明確表示概不就本公告全部 liability whatsoever for any loss howsoever arising from or in 或任何部分內容而產生或因依賴該等內 reliance upon the whole or any part of the contents of this 容而引致的任何損失承擔任何責任。 announcement. YEE HOP Yee Hop Holdings Limited 義合控 ...