深圳中萨与中创网宴的合作，核心在于战略资源互补与共同市场目标的深度协同。集团作为深耕金融与 跨境资本服务的港股平台，具备成熟的国际投融资能力及大湾区政商网络资源;而中创网宴作为数字化 宴会服务的创新企业，正处业务扩张的关键阶段。 随着中国大陆经济的持续增长和消费的不断升级，网宴产业作为大消费领域的重要组成部分，展现出巨 大的市场潜力和机会，各方将充分发挥各自优势，共同探索和开发国内网宴市场的新机遇。经考虑上文 所述后，董事认为合作框架协议符合本集团利益，且合作框架协议的条款及条件乃按正常商业条款订 立，属公平合理，并符合本公司及股东的整体利益。 旷逸国际(01683)发布公告，于2025年9月26日，公司全资附属公司深圳市中萨数字科技有限公司(深圳中 萨)与中创网宴(深圳)科技有限公司(中创网宴)就共同合作网宴产业相关事项(合作事项)订立合作框架协 定。 根据合作框架协议，深圳中萨与中创网宴将共同开发与发展于中国大陆网宴关联产业综合布局。 ...

随着中国大陆经济的持续增长和消费的不断升级，网宴产业作为大消费领域的重要组成部分，展现出巨 大的市场潜力和机会，各方将充分发挥各自优势，共同探索和开发国内网宴市场的新机遇。经考虑上文 所述后，董事认为合作框架协议符合本集团利益，且合作框架协议的条款及条件乃按正常商业条款订 立，属公平合理，并符合本公司及股东的整体利益。 深圳中萨与中创网宴的合作，核心在于战略资源互补与共同市场目标的深度协同。集团作为深耕金融与 跨境资本服务的港股平台，具备成熟的国际投融资能力及大湾区政商网络资源;而中创网宴作为数字化 宴会服务的创新企业，正处业务扩张的关键阶段。 智通财经APP讯，旷逸国际(01683)发布公告，于2025年9月26日，公司全资附属公司深圳市中萨数字科 技有限公司(深圳中萨)与中创网宴(深圳)科技有限公司(中创网宴)就共同合作网宴产业相关事项(合作事 项)订立合作框架协定。 根据合作框架协议，深圳中萨与中创网宴将共同开发与发展于中国大陆网宴关联产业综合布局。 ...

中创网宴于2024年3月在中国成立，是一家专注于科技网宴产业领域，拥有行业经验和丰富的资源网络 的高新技术企业。中创网宴致力于利用专业的服务与技术，开发创新型的网宴服务模式。 来源：格隆汇APP 格隆汇9月26日丨旷逸国际(01683.HK)宣布，于2025年9月26日，公司全资附属公司深圳市中萨数字科技 有限公司与中创网宴(深圳)科技有限公司就共同合作网宴产业相关事项订立合作框架协定。根据合作框 架协议，深圳中萨与中创网宴将共同开发与发展于中国大陆网宴关联产业综合布局。 集团主要从事(i)建设及配套服务；及(ii)消费者产品业务。深圳中萨与中创网宴的合作，核心在于战略 资源互补与共同市场目标的深度协同。集团作为深耕金融与跨境资本服务的港股平台，具备成熟的国际 投融资能力及大湾区政商网络资源；而中创网宴作为数字化宴会服务的创新企业，正处业务扩张的关键 阶段。随着中国大陆经济的持续增长和消费的不断升级，网宴产业作为大消费领域的重要组成部分，展 现出巨大的市场潜力和机会。 ...

集团主要从事(i)建设及配套服务；及(ii)消费者产品业务。深圳中萨与中创网宴的合作，核心在于战略 资源互补与共同市场目标的深度协同。集团作为深耕金融与跨境资本服务的港股平台，具备成熟的国际 投融资能力及大湾区政商网络资源；而中创网宴作为数字化宴会服务的创新企业，正处业务扩张的关键 阶段。随着中国大陆经济的持续增长和消费的不断升级，网宴产业作为大消费领域的重要组成部分，展 现出巨大的市场潜力和机会。 中创网宴于2024年3月在中国成立，是一家专注于科技网宴产业领域，拥有行业经验和丰富的资源网络 的高新技术企业。中创网宴致力于利用专业的服务与技术，开发创新型的网宴服务模式。 格隆汇9月26日丨旷逸国际(01683.HK)宣布，于2025年9月26日，公司全资附属公司深圳市中萨数字科技 有限公司与中创网宴(深圳)科技有限公司就共同合作网宴产业相关事项订立合作框架协定。根据合作框 架协议，深圳中萨与中创网宴将共同开发与发展于中国大陆网宴关联产业综合布局。 ...

（於開曼群島註冊成立的有限公司） （股份代號：1683） 自願性公告 最新業務發展 本 公 告 乃 由 曠 逸 國 際 控 股 有 限 公 司（「本公司」）及 其 附 屬 公 司（統 稱「本集團」）自 願 作 出，以 知 會 本 公 司 股 東 及 有 意 投 資 者 有 關 本 集 團 業 務 發 展 之 最 新 消 息。 合作框架協議 本 公 司 董 事（「董 事」）會（「董事會」）欣 然 宣 佈，於 二 零 二 五 年 九 月 二 十 六 日（聯 交 所 交 易 時 段 後），本 公 司 全 資 附 屬 公 司 深 圳 市 中 薩 數 字 科 技 有 限 公 司（「深圳中 薩」）與 中 創 網 宴（深 圳）科 技 有 限 公 司（「中創網宴」）就 共 同 合 作 網 宴 產 業 相 關 事 項（「合作事項」）訂 立 合 作 框 架 協 定。 經 作 出 一 切 合 理 查 詢 後，就 董 事 所 知、所 悉 及 所 信，中 創 網 宴 及 彼 等 最 終 實 益 擁 有 人 各 自 均 為 獨 立 第 三 方。 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 ...

主 席 盧昭偉 香 港，二 零 二 五 年 九 月 一 日 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。 HOPE LIFE INTERNATIONAL HOLDINGS LIMITED 承董事會命 曠逸國際控股有限公司 曠逸國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1683） 更改香港主要營業地點 曠 逸 國 際 控 股 有 限 公 司（「本公司」）董 事 會（「董事會」）宣 佈，本 公 司 香 港 主 要 營 業地點已更改為香港夏愨道18號海富中心一座28樓2803室，自 二 零 二 五 年 九 月 一 日 起 生 效。 於 本 公 告 日 期，本 公 司 董 事 會 包 括 執 行 董 事 盧 昭 偉 先 生、肖 逸 先 生、李 家 俊 先 生、李 叢 偉 先 生 及 汪 倫 先 生；以 及 獨 立 非 執 行 董 事 甄 健 先 生、趙 虹 琴 女 士 及 陳 慧 ...

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變動月報表 截至月份: 2025年8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: 曠逸國際控股有限公司 呈交日期: 2025年9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) | 01683 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.02 | HKD | | 60,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 3,000,000,000 | HKD | | 0.02 | HKD | | 60,000,000 | 本月底法定/ ...

格隆汇8月29日丨旷逸国际(01683.HK)公告，截至2025年6月30日止6个月，集团收益减少1.0%至约1.24 亿港元。相较截至2024年6月30日止6个月的溢利约570万港元，集团于期间录得亏损约70万港元。集团 将继续致力为股东创造最大价值，坚持以务实进取的态度执行业务战略，不断寻找新商机，探索消费者 产品业务及其他业务，以扩大集团的收入及溢利基础。 ...

旷逸国际(01683)发布截至2025年6月30日止6个月业绩，该集团期内取得收益1.24亿港元，同比减少 0.94%;公司拥有人应占亏损335.1港元，同比盈转亏;每股基本亏损0.04港仙。 ...

[Interim Results Announcement](index=1&type=section&id=Interim%20Results%20Announcement) [Condensed Consolidated Statement of Profit or Loss](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss) For the six months ended June 30, 2025, the Group recorded a loss of approximately HK$0.7 million, a significant decrease from a profit of HK$5.7 million in the prior period, despite a slight 1.0% revenue decrease, due to increased finance costs and administrative expenses Condensed Consolidated Statement of Profit or Loss (HK$ thousand) | Indicator | For the six months ended June 30, 2025 (HK$ thousand) | For the six months ended June 30, 2024 (HK$ thousand) | | :--- | :------------------------------------------------- | :------------------------------------------------- | | Revenue | 124,144 | 125,321 | | Gross Profit | 28,164 | 24,785 | | Profit Before Tax | 2,233 | 8,507 | | (Loss) / Profit for the Period | (706) | 5,711 | | (Loss) / Earnings Per Share Attributable to Owners of the Company (HK cents) | (0.04) | 0.37 | - Revenue for the period slightly decreased by **1.0%** from **HK$125,321 thousand** in 2024 to **HK$124,144 thousand** in 2025[3](index=3&type=chunk) - Gross profit increased by **13.7%** year-on-year, from **HK$24,785 thousand** in 2024 to **HK$28,164 thousand** in 2025[3](index=3&type=chunk) [Condensed Consolidated Statement of Comprehensive Income](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) For the six months ended June 30, 2025, the Group recorded total comprehensive income of HK$5.052 million, reversing a total comprehensive expense of HK$1.804 million in the prior period, primarily due to positive exchange differences on translation of foreign operations' financial statements Condensed Consolidated Statement of Comprehensive Income (HK$ thousand) | Indicator | For the six months ended June 30, 2025 (HK$ thousand) | For the six months ended June 30, 2024 (HK$ thousand) | | :--- | :------------------------------------------------- | :------------------------------------------------- | | (Loss) / Profit for the Period | (706) | 5,711 | | Exchange Differences on Translation of Financial Statements of Foreign Operations | 5,758 | (7,515) | | Total Comprehensive Income for the Period | 5,052 | (1,804) | - Total comprehensive income attributable to owners of the Company for the period was **HK$2,044 thousand**, compared to an expense of **HK$3,994 thousand** in the prior period[4](index=4&type=chunk) [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets and total equity significantly increased, primarily driven by substantial increases in property, plant and equipment within non-current assets and inventories within current assets Condensed Consolidated Statement of Financial Position (HK$ thousand) | Indicator | As of June 30, 2025 (HK$ thousand) | As of December 31, 2024 (HK$ thousand) | | :--- | :--------------------------------- | :----------------------------------- | | Property, Plant and Equipment | 78,816 | 23,133 | | Inventories | 199,489 | 89,315 | | Cash and Bank Balances | 80,744 | 62,153 | | Net Current Assets | 468,853 | 328,145 | | Equity Attributable to Owners of the Company | 535,346 | 340,872 | | Total Equity | 549,086 | 351,604 | - Non-current assets increased from **HK$23,751 thousand** as of December 31, 2024, to **HK$101,053 thousand** as of June 30, 2025[5](index=5&type=chunk) - Current assets increased from **HK$445,081 thousand** as of December 31, 2024, to **HK$600,246 thousand** as of June 30, 2025[5](index=5&type=chunk) [Notes to the Condensed Consolidated Financial Statements](index=6&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed notes to the condensed consolidated financial statements, covering general information, accounting policies, revenue and segment information, various expenses, taxation, dividends, and specific analysis of receivables and payables [General Information](index=6&type=section&id=1.%20General%20Information) Grand Ocean International Holdings Limited was incorporated in the Cayman Islands and listed on the Main Board of the Hong Kong Stock Exchange, primarily engaging in construction and ancillary services, financial services, and consumer products businesses - The Company was incorporated in the Cayman Islands on **January 19, 2015**[7](index=7&type=chunk) - The Company was listed on the Main Board of The Stock Exchange of Hong Kong on **September 8, 2015**[7](index=7&type=chunk) - The Group's principal activities include **construction and ancillary services**, **financial services**, and **consumer products businesses**[8](index=8&type=chunk) [Basis of Preparation](index=6&type=section&id=2.%20Basis%20of%20Preparation) The condensed consolidated financial statements are prepared in accordance with HKAS 34 "Interim Financial Reporting" issued by the HKICPA and applicable disclosure requirements of Appendix 16 to the Listing Rules, and should be read in conjunction with the annual financial statements for the year ended December 31, 2024 - The condensed consolidated financial statements are prepared in accordance with **HKAS 34 "Interim Financial Reporting"** and **Appendix 16 of the Listing Rules**[9](index=9&type=chunk) - These statements should be read in conjunction with the Group's annual financial statements for the year ended **December 31, 2024**[9](index=9&type=chunk) [Significant Accounting Policies Changes](index=6&type=section&id=3.%20Significant%20Accounting%20Policies%20Changes) During this accounting period, the Group applied HKFRS 21 amendments "Lack of Exchangeability" issued by the HKICPA, which did not have any significant impact on the condensed consolidated financial statements - Applied **HKAS 21 amendments "Lack of Exchangeability"**[10](index=10&type=chunk) - The amendments had **no significant impact** on the unaudited condensed consolidated financial statements[10](index=10&type=chunk) [Revenue and Segment Information](index=7&type=section&id=4.%20Revenue%20and%20Segment%20Information) The Group has three reportable segments: construction and ancillary services, financial services, and consumer products. Total revenue slightly decreased during the period, with consumer products revenue growing by 15.7% to HK$95.0 million, while construction and ancillary services revenue decreased by 32.6% to HK$29.1 million. Geographically, China is the largest revenue source - The Group has three reportable segments: **construction and ancillary services**, **financial services**, and **consumer products businesses**[12](index=12&type=chunk)[13](index=13&type=chunk)[14](index=14&type=chunk) Segment Revenue (HK$ thousand) | Segment | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | Construction and Ancillary Services | 29,116 | 43,175 | | Consumer Products Business | 95,028 | 82,146 | | Total | 124,144 | 125,321 | Revenue by Customer Location (HK$ thousand) | Region | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | Hong Kong | 29,116 | 19,975 | | China | 95,028 | 82,146 | | Macau | – | 23,200 | | Total | 124,144 | 125,321 | - Non-current assets are primarily located in China, increasing from **HK$23,133 thousand** as of December 31, 2024, to **HK$100,731 thousand** as of June 30, 2025[19](index=19&type=chunk) [Other Income and Other Gains](index=9&type=section&id=5.%20Other%20Income%20and%20Other%20Gains) The Group's other income and other gains remained at a very low level during the period, primarily derived from bank interest income Other Income and Other Gains (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | Bank Interest Income | 1 | 1 | | Other Operating Income | – | 23 | | Total | 1 | 24 | [Finance Costs](index=10&type=section&id=6.%20Finance%20Costs) The Group's finance costs significantly increased from HK$3.166 million in the prior period of 2024 to HK$7.569 million in 2025, mainly due to increased interest on other borrowings Finance Costs (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | Interest on Other Borrowings | 7,568 | 3,165 | | Interest on Lease Liabilities | 1 | 1 | | Total | 7,569 | 3,166 | [Profit Before Tax](index=10&type=section&id=7.%20Profit%20Before%20Tax) The Group's profit before tax significantly decreased from HK$8.507 million in the prior period of 2024 to HK$2.233 million in 2025, mainly impacted by increased salaries, wages, other benefits, and depreciation of property, plant and equipment Deductions from Profit Before Tax (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | Directors' Remuneration | 622 | 424 | | Salaries, Wages and Other Benefits (excluding Directors' Remuneration) | 4,352 | 3,014 | | Contributions to Retirement Benefit Schemes (excluding Directors' Remuneration) | 157 | 121 | | Depreciation of Property, Plant and Equipment | 1,913 | 1,548 | | Depreciation of Right-of-Use Assets | 297 | 373 | [Taxation](index=10&type=section&id=8.%20Taxation) The Group's tax expense slightly increased, primarily from PRC enterprise income tax, with Hong Kong profits tax provisioned at 16.5%, while no income tax is payable in the Cayman Islands and British Virgin Islands Tax Expense (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | June 30, 2024 (HK$ thousand) | | :--- | :--------------------------- | :--------------------------- | | PRC Enterprise Income Tax | 2,645 | 2,796 | | Total Current Tax Expense | 2,645 | 2,796 | - Hong Kong profits tax is provided at a rate of **16.5%**[23](index=23&type=chunk) - PRC subsidiaries are subject to enterprise income tax at a rate of **25%**[24](index=24&type=chunk) [Dividends](index=11&type=section&id=9.%20Dividends) The Board does not recommend the payment of any interim dividend for the six months ended June 30, 2025, consistent with the prior period - The Board does not recommend the payment of any interim dividend for the six months ended **June 30, 2025**[25](index=25&type=chunk) [Loss / Earnings Per Share](index=11&type=section&id=10.%20Loss%20%2F%20Earnings%20Per%20Share) Basic and diluted loss per share for the period was 0.04 HK cents, a significant decrease from earnings per share of 0.37 HK cents in the prior period, reflecting the loss recorded this period Loss / Earnings Per Share (HK cents) | Indicator | June 30, 2025 (HK cents) | June 30, 2024 (HK cents) | | :--- | :----------------------- | :----------------------- | | (Loss) / Profit Attributable to Owners of the Company | (0.04) | 5,711 | | Basic and Diluted (Loss) / Earnings Per Share | (0.04) | 0.37 | - The weighted average number of ordinary shares in issue was **1,866,240,000** (2024: **1,555,200,000**)[26](index=26&type=chunk) - Diluted earnings / (loss) per share is the same as basic earnings / (loss) per share as there were no potential dilutive ordinary shares[28](index=28&type=chunk) [Trade Receivables](index=11&type=section&id=11.%20Trade%20Receivables) Net trade receivables slightly decreased, with the Group maintaining strict control over outstanding receivables and regularly reviewing overdue balances; credit terms generally range from 7 to 45 days Trade Receivables (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Gross Trade Receivables | 113,014 | 118,232 | | Less: Provision for Expected Credit Losses | (16,337) | (15,058) | | Net | 96,677 | 103,174 | - The Group generally grants credit terms of **7 to 45 days** to its customers[29](index=29&type=chunk) Ageing Analysis of Trade Receivables (HK$ thousand) | Ageing | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Current to 30 Days | 47,437 | 37,443 | | 31 to 60 Days | 7,125 | 8,897 | | 61 to 90 Days | 7,374 | 8,787 | | Over 90 Days | 51,078 | 63,105 | [Deposits, Prepayments and Other Receivables](index=12&type=section&id=12.%20Deposits%2C%20Prepayments%20and%20Other%20Receivables) As of June 30, 2025, net deposits, prepayments, and other receivables increased to HK$194.922 million, primarily due to an increase in prepayments Deposits, Prepayments and Other Receivables (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Deposits | 481 | 324 | | Prepayments | 201,160 | 175,126 | | Other Receivables | 3,005 | 2,960 | | Less: Provision for Expected Credit Losses | (9,724) | (9,713) | | Net | 194,922 | 168,697 | [Trade Payables](index=12&type=section&id=13.%20Trade%20Payables) As of June 30, 2025, trade payables increased to HK$3.866 million, with credit terms for purchases of goods and services ranging from 7 to 90 days Trade Payables (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Trade Payables | 3,866 | 2,488 | - Credit terms for purchases of certain goods and services are generally within **7 to 90 days**[32](index=32&type=chunk) Ageing Analysis of Trade Payables (HK$ thousand) | Ageing | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Current to 30 Days | 3,255 | 2,031 | | Over 30 Days | 611 | 457 | [Accruals and Other Payables](index=13&type=section&id=14.%20Accruals%20and%20Other%20Payables) As of June 30, 2025, accruals and other payables increased to HK$46.864 million, primarily due to increases in accrued expenses and interest payable Accruals and Other Payables (HK$ thousand) | Item | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | | :--- | :--------------------------- | :------------------------------- | | Accrued Expenses | 18,193 | 14,270 | | Interest Payable | 28,356 | 20,787 | | Other Payables | 315 | 538 | | Total | 46,864 | 35,595 | [Management Discussion and Analysis](index=14&type=section&id=Management%20Discussion%20and%20Analysis) The Management Discussion and Analysis section elaborates on the Group's financial performance, business operations, future prospects, human resources, liquidity, and corporate governance during the reporting period [Financial Review](index=14&type=section&id=Financial%20Review) During the period, the Group's revenue decreased by 1.0% to approximately HK$124.1 million, while gross profit increased by 13.7% to approximately HK$28.2 million; however, the Group recorded a loss of approximately HK$0.7 million, compared to a profit of approximately HK$5.7 million in the prior period - Revenue decreased by **1.0%** to approximately **HK$124.1 million** (2024: approximately HK$125.3 million)[34](index=34&type=chunk) - Gross profit increased by **13.7%** to approximately **HK$28.2 million** (2024: approximately HK$24.8 million)[34](index=34&type=chunk) - A loss of approximately **HK$0.7 million** was recorded for the period (2024: profit of approximately HK$5.7 million)[34](index=34&type=chunk) [Business Review](index=14&type=section&id=Business%20Review) The Group's main business segments are construction and ancillary services and consumer products. Construction and ancillary services revenue decreased by 32.6% due to reduced contributions from non-residential projects, while consumer products revenue grew by 15.7%, accounting for 76.5% of total revenue Revenue Breakdown (HK$ thousand) | Segment | June 30, 2025 (HK$ thousand) | Proportion (%) | June 30, 2024 (HK$ thousand) | Proportion (%) | | :--- | :--------------------------- | :------------- | :--------------------------- | :------------- | | Construction and Ancillary Services | 29,116 | 23.5 | 43,175 | 34.5 | | Consumer Products Business | 95,028 | 76.5 | 82,146 | 65.5 | | Total Revenue | 124,144 | 100.0 | 125,321 | 100.0 | - Revenue from construction and ancillary services decreased by **32.6%** to approximately **HK$29.1 million**[37](index=37&type=chunk) - Revenue from consumer products business increased by **15.7%** to approximately **HK$95.0 million**, accounting for approximately **76.5%** of total revenue[38](index=38&type=chunk) [Administrative Expenses](index=15&type=section&id=Administrative%20Expenses) Administrative expenses increased by approximately HK$5.1 million from approximately HK$11.9 million in the prior period of 2024 to approximately HK$17.0 million in 2025, mainly due to increased operating expenses - Administrative expenses increased by approximately **HK$5.1 million** to approximately **HK$17.0 million**[39](index=39&type=chunk) - Primarily due to an increase in operating expenses during the period[39](index=39&type=chunk) [Loss / Profit for the Period](index=15&type=section&id=Loss%20%2F%20Profit%20for%20the%20Period) The Group recorded a loss of approximately HK$0.7 million for the period, compared to a profit of approximately HK$5.7 million in the prior period - The Group recorded a loss of approximately **HK$0.7 million** for the period[40](index=40&type=chunk) - A profit of approximately **HK$5.7 million** was recorded in the prior period[40](index=40&type=chunk) [Prospects](index=15&type=section&id=Prospects) The Group anticipates economic recovery in Hong Kong, Macau, and China in 2025, expecting improved business performance; it plans to undertake more construction projects in Hong Kong and Macau and continuously explore new opportunities in consumer products and other businesses to expand its revenue and profit base - The economic environment in Hong Kong, Macau, and China is expected to recover in **2025**, with a rebound in business activities and economic conditions[41](index=41&type=chunk) - Expects to undertake more construction projects and ancillary works in Hong Kong and Macau to maintain a stable revenue stream[41](index=41&type=chunk) - Will continue to seek new opportunities and explore consumer products and other businesses to expand its revenue and profit base[41](index=41&type=chunk) [Human Resources and Remuneration Policy](index=15&type=section&id=Human%20Resources%20and%20Remuneration%20Policy) As of June 30, 2025, the Group's employee count increased to 58, with total remuneration paid to employees (including directors) amounting to HK$5.1 million for the fiscal period; the remuneration policy aims to maintain fair and competitive compensation based on business needs, individual performance, and market conditions - As of June 30, 2025, the Group had **58 employees** (December 31, 2024: 55 employees)[42](index=42&type=chunk) - Total remuneration paid to employees (including directors) for the fiscal period was **HK$5.1 million** (2024: HK$3.6 million)[42](index=42&type=chunk) - Remuneration policy considers workload, business needs, individual performance, company profitability, retention factors, market rates, and overall economic conditions[43](index=43&type=chunk)[46](index=46&type=chunk) [Liquidity, Financial Resources and Capital Structure](index=16&type=section&id=Liquidity%2C%20Financial%20Resources%20and%20Capital%20Structure) The Group maintains a robust liquidity position, with cash and bank balances increasing to approximately HK$80.7 million and net current assets to approximately HK$468.9 million; the current ratio is approximately 4.6 times, and the gearing ratio decreased to approximately 13.7% - Total cash and bank balances were approximately **HK$80.7 million** (December 31, 2024: approximately HK$62.2 million)[44](index=44&type=chunk) - Net current assets were approximately **HK$468.9 million** (December 31, 2024: approximately HK$328.1 million)[44](index=44&type=chunk) - The current ratio was approximately **4.6 times** (December 31, 2024: approximately 3.8 times)[44](index=44&type=chunk) - The gearing ratio was approximately **13.7%** (December 31, 2024: approximately 21.3%)[45](index=45&type=chunk) [Foreign Exchange Risk](index=17&type=section&id=Foreign%20Exchange%20Risk) The Group primarily faces foreign exchange risk related to RMB, which management will closely monitor, but currently has no foreign currency hedging policy - The Group's foreign exchange risk is primarily related to **RMB**[47](index=47&type=chunk) - The Group currently has **no foreign currency hedging policy**[47](index=47&type=chunk) [Pledge of Assets](index=17&type=section&id=Pledge%20of%20Assets) As of June 30, 2025, the Group had no assets pledged, consistent with the situation at the end of the previous year - As of **June 30, 2025**, no assets were pledged[48](index=48&type=chunk) [Contingent Liabilities](index=17&type=section&id=Contingent%20Liabilities) As of June 30, 2025, the Group had no significant contingent liabilities - As of **June 30, 2025**, the Group had **no significant contingent liabilities**[49](index=49&type=chunk) [Capital Commitments](index=17&type=section&id=Capital%20Commitments) As of June 30, 2025, the Group had no significant outstanding capital commitments - As of **June 30, 2025**, the Group had **no significant outstanding capital commitments**[50](index=50&type=chunk) [Interim Dividends](index=17&type=section&id=Interim%20Dividends) The Board does not recommend the payment of an interim dividend for the six months ended June 30, 2025 - The Board does not recommend the payment of an interim dividend for the six months ended **June 30, 2025**[51](index=51&type=chunk) [Corporate Governance Code](index=17&type=section&id=Corporate%20Governance%20Code) The Company complied with the Corporate Governance Code in Appendix C1 of the Listing Rules for the six months ended June 30, 2025, with the Board comprising two executive directors and three independent non-executive directors - The Company has complied with the **Corporate Governance Code** as set out in **Appendix C1 of the Listing Rules**[52](index=52&type=chunk) - The Board of Directors comprises **two executive directors** and **three independent non-executive directors**[52](index=52&type=chunk) [Model Code for Securities Transactions by Directors](index=17&type=section&id=Model%20Code%20for%20Securities%20Transactions%20by%20Directors) All Directors confirmed full compliance with the Model Code set out in Appendix C3 of the Listing Rules for the six months ended June 30, 2025 - All Directors confirmed full compliance with the **Model Code** as set out in **Appendix C3 of the Listing Rules**[53](index=53&type=chunk) [Other Information](index=18&type=section&id=Other%20Information) This section covers other important information regarding the Group's listed securities transactions, audit committee operations, public float, results announcement publication, and Board composition during the reporting period [Purchase, Sale or Redemption of the Company's Listed Securities](index=18&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company%27s%20Listed%20Securities) For the six months ended June 30, 2025, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities - Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[54](index=54&type=chunk) [Audit Committee](index=18&type=section&id=Audit%20Committee) The Audit Committee, established on August 13, 2015, comprises three independent non-executive directors and has reviewed the Group's adopted accounting principles and practices and the unaudited condensed consolidated financial statements for the period - The Audit Committee was established on **August 13, 2015**[55](index=55&type=chunk) - The Audit Committee comprises **three independent non-executive directors**[55](index=55&type=chunk) - Reviewed the Group's adopted accounting principles and practices and the unaudited condensed consolidated financial statements for the period[55](index=55&type=chunk) [Sufficiency of Public Float](index=18&type=section&id=Sufficiency%20of%20Public%20Float) As of the date of this announcement, the Company has maintained the prescribed public float of not less than 25% of its issued shares as required by the Listing Rules for the six months ended June 30, 2025 - The Company has maintained the prescribed public float of not less than **25%** of its issued shares as required by the Listing Rules[56](index=56&type=chunk) [Publication of Results Announcement and Interim Report](index=18&type=section&id=Publication%20of%20Results%20Announcement%20and%20Interim%20Report) The interim results announcement has been published on the Company's and the Stock Exchange's websites, and the interim report will be dispatched to shareholders and published on the same websites in due course - The interim results announcement has been published on the Company's and the Stock Exchange's websites[57](index=57&type=chunk) - The interim report will be dispatched to the Company's shareholders and published on the same websites in due course[57](index=57&type=chunk) [Board of Directors](index=18&type=section&id=Board%20of%20Directors) As of the date of this announcement, the Company's Board of Directors comprises five executive directors and three independent non-executive directors - The Board includes Executive Directors Mr. Lo Chiu Wai, Mr. Xiao Yi, Mr. Li Jiajun, Mr. Li Congwei, and Mr. Wang Lun[59](index=59&type=chunk) - The Board includes Independent Non-executive Directors Mr. Yan Kin, Ms. Zhao Hongqin, and Ms. Chan Wai Yan[59](index=59&type=chunk)