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聯合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，概不對因本聯合公告全部或任何 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。 本聯合公告僅供參考，並不構成收購、購買或認購本公司的證券之邀請或要約，亦不在 任何司法權區構成任何投票或批准的招攬。倘本聯合公告於或向任何司法權區發佈、刊 發或派發違反任何司法權區的相關法律，則本聯合公告不擬於或向任何司法權區發佈、 刊發或派發。 杉杉品牌運營股份有限公司 駱葉飛先生 SHANSHAN BRAND MANAGEMENT CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號：1749） 聯合公告 駱葉飛先生的要約代理（H股要約） 有關下列事項作出額外不可撤回承諾： 國證國際證券（香港）有限公司為及代表駱葉飛先生 提出強制性有條件現金要約以收購杉杉品牌運營股份有限公司的所有H股 （駱葉飛先生及與其一致行動人士已擁有或同意將予收購的H股除外） 及 駱葉飛先生提出強制性有條件現金要約以收購 杉杉品牌運營股份有限公司的所有內資股 （駱葉飛先生及與其一致行動人士已擁有或 ...

Core Insights - The recent short film reviving a classic 90s advertisement, along with the latest financial announcement, reveals the strategic upgrade direction of the Shanshan brand, a benchmark in Chinese business menswear with 37 years of history [1] Group 1: Strategic Focus - The optimization of Shanshan brand's holding structure marks a new phase in its strategic blueprint for deepening its presence in the fashion industry, with a clear focus on becoming "China's number one suit brand" [3] - The brand aims to leverage a clear strategic plan to accurately grasp the pulse of the fashion industry and respond quickly to market changes [3] Group 2: Store Renovation - To enhance consumer shopping experiences, Shanshan has initiated a nationwide store image renovation plan inspired by the concept of "gentleman in harmony with the times" [4] - The renovation emphasizes a refined shopping environment through minimalist design, quality materials, and restrained colors, reflecting the elite's sense of balance and control in both work and life [4] Group 3: Star Empowerment - Shanshan is innovating its marketing model by building a diversified star collaboration matrix, with international supermodel Hu Bing as the new brand ambassador [7] - Collaborations with actor Xu Haiqiao, fencer Dong Li, and idol Li Xinzhe are forming a communication network that covers different audience segments, enhancing brand influence [7] Group 4: Future Outlook - Looking ahead, Shanshan will continue to focus on its strategic goal of becoming "China's number one suit brand," emphasizing brand value creation, upgrading terminal experiences, and leveraging star matrix marketing to drive high-quality development in the Chinese fashion industry [9]

Core Viewpoint - The company, SANSAN Brand (01749.HK), will hold a board meeting on August 26, 2025, to review and approve its interim results for the six months ending June 30, 2025, and to consider the proposal for an interim dividend distribution if applicable [1] Group 1 - The board meeting is scheduled for August 26, 2025 [1] - The meeting will focus on the interim results for the six months ending June 30, 2025 [1] - The company will also consider the proposal for an interim dividend distribution [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，概不對因本公告全部 或任何部份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。 杉杉品牌運營股份有限公司 Shanshan Brand Management Co., Ltd. 代表 杉杉品牌運營股份有限公司 執行董事兼聯席公司秘書 嚴靜芬 中華人民共和國寧波，二零二五年八月十四日 於本公告日期，執行董事為駱葉飛先生（主席）、曹陽先生（副主席）、嚴靜芬 女士及周玉梅女士；非執行董事為毛偉勇先生及王明明先生；以及獨立非執行董 事為周政寧先生、王亞山先生及武學凱先生。 (股份代號：1749) 董事會會議日期 杉杉品牌運營股份有限公司（「本公司」）宣佈，本公司謹訂於二零二五年八月 二十六日（星期二）舉行本公司董事（「董事」）會會議，旨以（其中包括）考慮 及批准本公司及其附屬公司截至二零二五年六月三十日止六個月之未經審核綜 合財務業績以供發佈，及考慮宣派中期股息（如有）。 （於中華人民共和國註冊成立的股份有限公司） ...

Group 1 - The article provides a list of companies involved in various financial activities such as earnings announcements, shareholder meetings, and new stock activities [2][3] - Several companies are mentioned for their dividend distribution dates, indicating their financial performance and shareholder returns [2][3] - The document highlights companies undergoing stock repurchases and capital increases, which may signal their financial strategies and market positioning [3] Group 2 - The article includes a list of companies that are currently in the process of IPOs, reflecting market interest and potential investment opportunities [2] - Companies like Silver Noble Pharmaceuticals and others are noted for their ongoing stock activities, which may attract investor attention [2] - The document also mentions companies that are resuming trading, indicating a potential recovery or change in market conditions [2]

FF301 本月底法定/註冊股本總額： RMB 133,400,000 | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 內資股 | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000 RMB | | 1 RMB | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | RMB | | 0 | | 本月底結存 | | | 100,000,000 RMB | | 1 RMB | | 100,000,000 | 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | I. 法定/註冊股本變動 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | H | ...

Core Viewpoint - The commercial landscape in Zhongmu New District is evolving with diverse experiences, integrating shopping with family activities, and driving significant consumer engagement and sales growth [1][3]. Group 1: Commercial Development - Zhongmu New District is actively integrating commercial resources, establishing a commercial matrix led by Shanshan Outlets, which connects various shopping centers [3]. - Shanshan Outlets alone sees daily foot traffic exceeding 120,000, indicating strong consumer interest [3]. - The retail sales in Zhongmu New District reached 9.95 billion yuan from January to May 2025, showcasing a robust growth trajectory [5]. Group 2: Consumer Engagement and Events - The district employs a strategy of monthly themes and weekly events to enhance consumer attraction, with activities like "Kunpeng Art Week" and "Jurassic Adventure" planned to stimulate summer consumption [4]. - The management emphasizes transforming shopping into thematic experiences, catering to various age groups and emotional needs of consumers [3]. Group 3: Economic Impact - The overall retail sales growth in Zhongmu New District is notable, with a year-on-year increase of 7.4% in the first five months of 2025 [3]. - Specific sectors show impressive growth rates, including home appliance sales up by 51%, and department store sales increasing by 27% [4].

Remuneration - The company has not paid any remuneration to supervisors as rewards for joining the group or as severance compensation from 2018 to 2024[14]. - Total remuneration for Ms. Zhou Danna in 2022 was RMB 233,507, which includes salary and allowances of RMB 198,000 and contributions of RMB 20,246[10]. - Mr. Wang Yijun received a total remuneration of RMB 235,967 in 2022, comprising salary and allowances of RMB 189,742 and contributions of RMB 20,246[10]. - The total remuneration for Ms. Yang Yi in 2022 was RMB 181,850, including salary and allowances of RMB 135,625 and contributions of RMB 20,246[10]. - For the year ending December 31, 2024, Ms. Zhou Danna's total remuneration is projected to be RMB 273,968, with salary and allowances of RMB 226,368[13]. - Mr. Wang Yijun's projected total remuneration for 2024 is RMB 266,552, including salary and allowances of RMB 218,952[13]. - Ms. Yang Yi's projected total remuneration for 2024 is RMB 211,447, with salary and allowances of RMB 163,848[13]. Reporting and Governance - The company has published annual reports for the years ending from 2018 to 2024, indicating a consistent reporting schedule[3]. - The company has not disclosed any additional information that would affect the contents of the annual reports apart from what is stated in the announcement[14]. - The board of directors includes both executive and independent non-executive members, ensuring a diverse governance structure[15].

Group 1 - As of May 14, 78 stocks reached a 52-week high, with Chang'an Renheng (08139), Hengchang Group International (01421), and Lehua Entertainment (02306) leading the high rate at 65.38%, 42.59%, and 38.52% respectively [1] - The closing price of Chang'an Renheng was 1.370, with a peak price of 2.580, indicating a significant increase [1] - Hengchang Group International closed at 0.690, reaching a high of 0.770, reflecting a 42.59% increase [1] Group 2 - Lehua Entertainment's closing price was 1.510, with a maximum price of 1.690, showing a 38.52% rise [1] - XL Ernan CO (07711) and XL Ernan CO-U had increases of 27.75% and 26.89% respectively, with closing prices of 125.000 and 15.960 [1] - Other notable stocks include Madison Holdings (08057) with a 25.00% increase and Du Fu Wine Group (00986) with a 17.48% increase [1] Group 3 - The report also highlights stocks that reached 52-week lows, with XI Ernan CO (07311) dropping by 36.46% to a closing price of 26.500 [3] - XI Ernan CO-U saw a decrease of 35.53%, closing at 3.386 [3] - Other stocks with significant declines include Touyun Biotechnology (01332) at -22.46% and Aoweiholdings (01370) at -16.67% [3]

Financial Performance - For the fiscal year 2024, the company's revenue was RMB 1,006.6 million, a decrease of approximately 5.0% compared to RMB 1,060.0 million in fiscal year 2023[11] - The net profit for fiscal year 2024 increased by approximately 5.0% to RMB 33.2 million, up from RMB 31.6 million in fiscal year 2023[11] - The gross profit margin for fiscal year 2024 was 37.7%, slightly up from 37.5% in fiscal year 2023[8] - The operating profit margin for fiscal year 2024 was 3.3%, compared to 3.0% in fiscal year 2023[8] - The total revenue for the fiscal year 2024 was RMB 1,006.6 million, a slight decline of about 5.0% compared to RMB 1,060.0 million in fiscal year 2023[25] - Profit increased from RMB 31.6 million in fiscal year 2023 to RMB 33.2 million in fiscal year 2024, marking an increase of approximately 5.0%[43] - Gross profit decreased by approximately 4.5% from RMB 397.2 million in fiscal year 2023 to RMB 379.2 million in fiscal year 2024[29] Assets and Liabilities - Non-current assets increased to RMB 164.2 million in fiscal year 2024 from RMB 103.0 million in fiscal year 2023[8] - Current assets rose to RMB 655.4 million in fiscal year 2024, compared to RMB 623.4 million in fiscal year 2023[8] - The total assets of the company reached RMB 819.6 million in fiscal year 2024, up from RMB 726.4 million in fiscal year 2023[8] - The total liabilities increased to RMB 543.3 million in fiscal year 2024 from RMB 472.6 million in fiscal year 2023[8] - The company's cash and cash equivalents decreased from RMB 143.2 million to RMB 106.5 million, while pledged deposits increased from RMB 4.2 million to RMB 8.5 million[46] - The debt-to-asset ratio was approximately 17.7% as of December 31, 2024, compared to 18.6% as of December 31, 2023[46] Market Strategy and Development - In 2024, the company focused on "high-quality development" strategies, with a commitment to enhancing operational efficiency and brand value, resulting in a 0.3% growth in clothing, footwear, and textile sales in the national market[20] - The company launched a new industrial park project in Ningbo, Zhejiang, aimed at integrating clothing R&D, design, and smart manufacturing, with the main construction completed, highlighting a focus on technological innovation[21] - The company signed a new brand ambassador, Hu Bing, to enhance brand recognition and cultural influence, aiming to strengthen the market presence of the Shanshan brand[21] - The company emphasized a dual-channel strategy, investing in both online and offline sales to optimize store performance and market layout, ensuring balanced growth across channels[14] - The company plans to expand its core national brands, FIRS and SHANSHAN, through diversified and cooperative business models, targeting steady growth in operating profits for 2025[17] - The company is committed to continuous product innovation, focusing on high-cost performance products, particularly in the suit category, to meet market demands[14] - The company aims to enhance its management system and digital capabilities, establishing a process operation warning mechanism to improve overall management efficiency[16] - The company will participate in the 2024 Autumn/Winter China International Fashion Week, launching a trend release show for Chinese suits, reinforcing its position as a leading brand in the suit category[20] Employee and Management - Employee costs for the year were approximately RMB 42.4 million, an increase from RMB 36.2 million in 2023, with a total of 265 employees as of December 31, 2024[51] - The company employed 265 staff members as of December 31, 2024, down from 311 in 2023, with a gender ratio of 49% male to 51% female[110] - The board consists of two female members, representing approximately 25% of the board[110] - The management team has extensive experience, with over 20 years in the apparel industry collectively[62] - The management team has extensive experience in the apparel industry, with key personnel having over 30 years of experience[81] Corporate Governance - The company emphasizes the importance of good corporate governance to enhance shareholder value[83] - The company has adopted the corporate governance code as per the listing rules, ensuring compliance with all provisions except for the separation of the roles of Chairman and CEO[84] - The board is responsible for overseeing the management and overall performance of the group, ensuring necessary financial and human resources are in place[88] - The board consists of nine directors, including three independent non-executive directors, meeting the requirement of at least one-third independence[89] - The company has received annual independence confirmation letters from all independent non-executive directors, affirming their independence throughout the year[94] - The board has established committees to monitor operational and financial performance, ensuring proper internal controls and risk management[88] - The company has established a risk management policy to address potential operational risks, including strategic, operational, legal compliance, and environmental risks[132] - The Board is responsible for maintaining an effective risk management and internal control system, ensuring compliance with relevant legislation and regulations[132] Environmental, Social, and Governance (ESG) - The company is committed to corporate social responsibility and sustainable development, focusing on ESG issues[164] - The ESG report for the fiscal year 2024 will cover policies and performance in environmental protection, labor practices, and community engagement[165] - The ESG report highlights the company's progress in creating sustainable value for shareholders and stakeholders[166] - The total air pollutant emissions for the fiscal year 2024 amounted to approximately 13.7 kg, representing an increase of about 30.5% compared to 10.5 kg in fiscal year 2023[198] - The average air pollutant emissions per vehicle increased to 3.4 kg in fiscal year 2024 from 2.6 kg in fiscal year 2023, marking a rise of approximately 30.8%[198] - The company has implemented measures to reduce air pollution, including optimizing vehicle usage and encouraging employees to plan routes in advance[198] - The board of directors is committed to monitoring ESG governance matters and ensuring compliance with the latest ESG disclosure requirements from the Hong Kong Stock Exchange[192] - The company emphasizes the importance of a healthy environment for sustainable development and aims to be a leader in environmental protection[193]