Core Viewpoint - The Hong Kong stock market has seen extreme gains in micro-cap stocks, with notable examples including Elephant Holdings Group, which surged by 6852.38%, highlighting a phenomenon of "survivorship bias" in the market [1]. Group 1: Stock Performance - Elephant Holdings Group (08635) experienced a price increase of 23.73% with a year-to-date gain of 6852.38% [1] - Base Champion Group (08460) saw a 4.63% rise, accumulating a year-to-date increase of 4164.15% [1] - Other significant gainers include Guangdong-Hong Kong Holdings (01396) with a 3305.59% increase, and Junyu Foundation (01757) with a 2665.77% rise [1] Group 2: Market Characteristics - The extreme percentage gains are attributed to a very low base price at the beginning of the year, allowing small amounts of capital to double stock prices, resulting in inflated percentage increases [2] - The price increases are primarily driven by trading factors such as speculative news, technical short squeezes, and concentrated shareholding rather than fundamental performance [2] - These stocks carry high risks due to low liquidity, making them susceptible to sharp declines after rapid increases, and the lack of transparency complicates investment decisions for ordinary investors [2]

Group 1: 52-Week Highs - A total of 78 stocks reached 52-week highs as of December 29, with the top three being Base Champion Group (08460) at 63.28%, E-Juan Group Holdings (02442) at 37.27%, and Junyu Foundation (01757) at 22.22% [1] - Base Champion Group closed at 2.070, with a peak price of 2.090 [1] - E-Juan Group Holdings closed at 16.810, with a peak price of 19.300 [1] - Junyu Foundation closed at 3.020, with a peak price of 3.080 [1] Group 2: 52-Week Lows - The stock with the largest decline was Lancang Ancient Tea (06911), which fell to a low of 1.530, representing a decrease of 39.04% [3] - Pacific Legend (08547) reached a low of 0.049, down 35.53% [3] - ISP Global (08487) recorded a low of 0.039, reflecting a decline of 20.41% [3] Group 3: Stock Performance - Weili Holdings (02372) achieved a high rate of 15.25%, closing at 0.270 with a peak of 0.340 [1] - Xingkai Holdings (01166) reached a high rate of 12.82%, closing at 0.820 with a peak of 0.880 [1] - Gaoke Bridge (09963) had a high rate of 12.50%, closing at 1.160 with a peak of 1.350 [1]

Key Points - As of December 19, 38 stocks reached their 52-week highs, with Li Gao Health Life (02370), Ginkgo Education (01851), and Kangqiao Yuelife (02205) leading the high rate at 36.36%, 18.72%, and 8.70% respectively [1] - The top three stocks that achieved new highs are as follows: - Li Gao Health Life (02370) closed at 0.670, with a peak of 0.750, marking a 36.36% increase - Ginkgo Education (01851) closed at 2.430, with a peak of 2.600, marking an 18.72% increase - Kangqiao Yuelife (02205) closed at 1.200, with a peak of 1.250, marking an 8.70% increase [1] - Other notable stocks that reached new highs include Liangqing Holdings (1,000) at 7.14%, Jinxing International Holdings (02307) at 7.04%, and Wuxi Life (08148) at 6.21% [1] 52-Week Low Summary - The 52-week low rankings show that Haowen Holdings (08019) had the largest decline at -16.13%, closing at 0.130 [2] - Other significant declines include NIU Holdings (08619) at -11.86%, closing at 0.156, and Hashkey HLDGS (03887) at -9.59%, with a low of 5.090 [2] - Additional stocks with notable declines include Songdu Service (09608) at -9.09%, closing at 0.068, and Ruike Bio-B (02179) at -5.41%, closing at 5.070 [2]

Afuent Foundation Holdings Limited 俊裕地基集團有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1757) NOTIFICATION LETTER 通知信函 19 December 2025 Dear Non-Registered Holder(Note 1) , Affluent Foundation Holdings Limited (the "Company") – Notice of publication of Interim Report 2025/26 ("Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.hcho.com.hk and th ...

NOTIFICATION LETTER 通知信函 19 December 2025 Dear Registered Shareholder, Affluent Foundation Holdings Limited (the "Company") – Notice of publication of Interim Report 2025/26 ("Current Corporate Communication") Afuent Foundation Holdings Limited 俊裕地基集團有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1757) 登記股東有責任提供有效的電子郵件地址。如 閣下尚未提供 閣下之電子郵件地址予本公司，或需更新 閣下之電子郵件地址，本公司建議 閣下填妥及簽 署隨附之更改申請表格，並按上述地址以郵寄方式交回本公司的股份過戶登記分處或以電郵方式發送至1757-ecom@vistra.com以提供 閣下的電郵地址。如果 本公司沒有 ...

Financial Performance - The company recorded a net profit of approximately HKD 191,000 for the six months ending September 30, 2025, an increase of approximately HKD 97,000 compared to the same period in 2024[10]. - Revenue from foundation engineering was approximately HKD 234.3 million, an increase of approximately HKD 108.9 million or 86.8% compared to approximately HKD 125.4 million for the six months ending September 30, 2024[12]. - Other income for the period was approximately HKD 6.8 million, an increase of approximately HKD 1.4 million or 26.9% compared to approximately HKD 5.4 million for the same period in 2024[14]. - For the six months ended September 30, 2025, the company generated revenue of HKD 234.3 million, a significant increase from HKD 125.4 million in the same period of 2024, representing an increase of approximately 87%[40]. - The gross profit for the same period was HKD 3.3 million, compared to HKD 3.8 million in 2024, indicating a slight decrease in gross margin[40]. - The company's profit before tax for the six months ended September 30, 2025, was HKD 191,000, compared to HKD 94,000 for the same period in 2024, representing a 103% increase[74]. Expenses and Costs - Administrative expenses increased to approximately HKD 8.7 million, up approximately HKD 0.7 million or 8.8% from approximately HKD 8.0 million for the six months ending September 30, 2024[15]. - Financing costs decreased to approximately HKD 741,000, a reduction of approximately HKD 59,000 or 7.4% compared to approximately HKD 800,000 for the same period in 2024[16]. - The total employee cost for the period was approximately HKD 63.7 million, up from HKD 35.7 million for the six months ended September 30, 2024[35]. - Employee costs, including director remuneration, increased to HKD 63,706,000 in 2025 from HKD 35,734,000 in 2024, reflecting an increase of 78%[8]. - The total remuneration for directors and senior management for the six months ended September 30, 2025, was HKD 2,407,000, an increase of 25.3% compared to HKD 1,921,000 for the same period in 2024[111]. Cash Flow and Liquidity - As of September 30, 2025, the company reported total cash and cash equivalents of approximately HKD 5.6 million, an increase from HKD 3.8 million as of March 31, 2025[24]. - The net cash increase for the period was HKD 1,789,000, down from HKD 4,175,000 in the same period last year[47]. - For the six months ended September 30, 2025, the operating cash flow was HKD 11,243,000, a decrease of 16.6% from HKD 13,491,000 in the same period of 2024[47]. - Cash and cash equivalents at the end of the period were HKD 5,562,000, down from HKD 8,044,000 at the end of the same period in 2024[47]. - The company’s investment activities resulted in a net cash outflow of HKD 1,533,000, compared to HKD 787,000 in the previous year[47]. - The company’s financing activities led to a net cash outflow of HKD 7,921,000, slightly improved from HKD 8,529,000 in the same period last year[47]. Contracts and Projects - The company has an unrecognized contract amount of approximately HKD 295.9 million as of September 30, 2025, and aims to continue bidding for large and quality projects[10]. - The company completed one project with an original contract amount of approximately HKD 1.6 million during the reporting period and has 31 projects on hand with a total original contract amount of approximately HKD 1.3 billion[11]. - Total contract revenue for the six months ended September 30, 2025, was HKD 234,273,000, representing an increase of 86.7% compared to HKD 125,442,000 in 2024[61]. - Revenue from public projects accounted for HKD 231,755,000, significantly up from HKD 114,178,000 in the previous year, indicating a growth of 103.1%[64]. - The total amount of uncompleted long-term construction contracts is HKD 295,899,000, down from HKD 361,519,000, indicating a decrease of 18%[96]. Assets and Liabilities - The company's debt-to-equity ratio decreased to approximately 33.7% as of September 30, 2025, down from 41.8% as of March 31, 2025, primarily due to a reduction in total liabilities and an increase in total equity from profits[24]. - Trade receivables as of September 30, 2025, amounted to HKD 30,059,000, up from HKD 21,345,000 in 2024, marking an increase of 41%[84]. - The total expected credit loss provision for trade and other receivables increased to HKD 519,000 in 2025 from HKD 409,000 in 2024, indicating a rise of 27%[85]. - The expected credit loss provision increased to HKD 1,494,000 from HKD 1,204,000, reflecting a rise of 24% in the six months ending September 30, 2025[92]. - The total trade payables increased to HKD 46,940,000 from HKD 41,988,000, representing an increase of 12%[99]. Corporate Governance and Shareholder Information - The company has adopted the corporate governance code as per the listing rules, with a noted deviation regarding the roles of the chairman and CEO being held by Mr. Chen[124]. - The company’s major shareholder, Mr. Chan, holds 900,000,000 shares, representing 75% of the total issued share capital[117]. - A sale agreement was signed on October 15, 2025, for the sale of 900,000,000 shares at a price of HKD 80,000,000, equivalent to HKD 0.089 per share[118]. - Following the completion of the sale agreement, Oriental Castle will no longer hold any shares in the company, impacting the ownership structure significantly[119]. - Oriental Castle holds 900,000,000 shares, representing 75% of the company's equity[121]. Related Party Transactions - Significant related party transactions included salaries and allowances for Ms. Chan Sia, amounting to HKD 902,000, which is a 95.0% increase from HKD 462,000 in the previous year[113]. - The company has engaged in various related party transactions, with total remuneration for key management personnel reflecting a focus on aligning compensation with performance[113]. Legal and Compliance - A settlement agreement was reached in October 2025, where the company agreed to pay HKD 9.4 million monthly for 12 months regarding a claim from a service provider[130]. - The audit committee, established on May 14, 2018, consists of three independent non-executive directors and is responsible for reviewing financial statements and internal controls[133]. - The unaudited condensed consolidated interim financial statements have been reviewed by the audit committee, confirming compliance with applicable accounting standards[134].

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 就 因 本 聯合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之任何損失承 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 證 券 之 邀 請 或 要 約 或 構 成 其 一 部 分。 China VC Holdings Limited 中國創投控股有限公司 （於 英 屬 處 女 群 島 註 冊 成 立 的 有 限 公 司） Afuent Foundation Holdings Limited 俊裕地基集團有限公司 （股份代號：1757） （於開曼群島註冊成立的有限公司） 聯合公告 寄發有關 黃河證券有限公司為及代表 中國創投控股有限公司 作出的強制性無條件現金要約 以收購俊裕地基集團有限公司之全部已發行股份 （除 中 國 創 投 控 股 有 限 公 司 及╱或 其 一 致 行 動 人 士 已 擁 有 及╱或 同 意 將 予 收 購 者 外）的 綜 合 文 件 要 ...

俊裕地基集團有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1757) NOTIFICATION LETTER 通知信函 10 December 2025 Dear Non-Registered Holder(Note 1) , Affluent Foundation Holdings Limited (the "Company") – Notice of publication of Composite Documents in relation to Mandatory Unconditional Cash Offer ("Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.hcho.c ...

Afuent Foundation Holdings Limited 俊裕地基集團有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1757) NOTIFICATION LETTER 通知信函 10 December 2025 Dear Registered Shareholder, If you for any reason have difficulty in receiving email notification or gaining access to the Website Version of the Corporate Communications and would like to receive the Current Corporate Communication and all future Corporate Communications in printed form, please complete, sign the enclos ...

義。 FORM OF ACCEPTANCE AND TRANSFER FOR USE IF YOU WANT TO ACCEPT THE OFFER. 本接納及過戶表格在 閣下欲接納要約時適用。 Afuent Foundation Holdings Limited 俊裕地基集團有限公司 (incorporated in the Cayman Islands with limited liability) Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this Form of Acceptance, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever fo ...