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，並明確表示概不會就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。 承董事會命 豐展控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1826） 董事會主席兼行政總裁 截至二零二五年六月三十日止六個月之 中期業績公告 豐展控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及 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業績。本公 告載列本公司二零二五年中期報告全文，符合香港聯合交易所有限公司證券 上市規則有關中期業績初步公告隨附資料的相關規定。 吳建韶 董事會 香港，二零二五年八月二十八日 於本公告日期，董事會包括執行董事吳建韶先生（主席兼行政總裁）；獨立非執行董事蕭偉霖 先生、伍頌慈女士及黃鎮華先生。 目錄 | 公司資料 | 2–3 | | --- | --- | | 財務摘要 | 4 | | 簡明綜合損益及其他全面收入表 | 5–6 | | 簡明綜合財務狀況表 | 7–8 | | 簡明綜合權益變動表 | 9 | | 簡明綜 ...

Core Viewpoint - The company expects to report a net loss of approximately HKD 3 million to HKD 7 million for the six months ending June 30, 2025, compared to a net profit of approximately HKD 5.3 million for the six months ending June 30, 2024 [1] Financial Performance - The anticipated net loss is primarily attributed to increased contracting and consulting-related expenses, which have led to a decline in gross profit margin, thereby compressing profit margins and affecting overall profitability [1]

Core Viewpoint - The company, Fengzhan Holdings (01826.HK), anticipates a net loss of approximately HKD 3 million to HKD 7 million for the six months ending June 30, 2025, contrasting with a net profit of approximately HKD 5.3 million for the six months ending June 30, 2024 [1] Financial Performance - The expected net loss is primarily attributed to increased contracting and consulting-related expenses, which have led to a decline in gross profit margin, thereby compressing profit margins and affecting overall profitability [1]

净亏损乃主要由于承包及谘询相关开支增加导致的毛利率下降，从而压缩利润空间并影响盈利能力。因 此，相比截至2024年6月30日止六个月取得纯利，集团于截至2025年6月30日止六个月取得净亏损。 智通财经APP讯，丰展控股(01826)发布公告，集团预期于截至2025年6月30日止六个月取得净亏损约300 万港元至约700万港元，而截至2024年6月30日止六个月则取得纯利约530万港元。 ...

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，並明確表示概不會就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。 （於開曼群島註冊成立的有限公司） （股份代號：1826） 盈利警告 – 1 – 本公司股東及潛在投資者於買賣本公司股份時務請審慎行事。 承董事會命 豐展控股有限公司 董事會主席兼行政總裁 吳建韶 本公告由豐展控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據 香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及香港法例第 571章證券及期貨條例第XIVA部內幕消息條文（定義見上市規則）作出。 本 公 司 董 事（「董 事」）會（「董事會」）謹 此 通 知 本 公 司 股 東（「股 東」）及 潛 在 投 資者，根據對本集團截至二零二五年六月三十日止六個月未經審核綜合管理 賬目的初步審閱及本公司可獲得的資料，本集團預期於截至二零二五年六月 三十日止六個月錄得淨虧損約3.0百萬港元至約7.0百萬港元，而截至二零二四 年六月三十日止六個月則錄得純利約5.3百萬港元。 淨虧損乃主要由於承包 ...

格隆汇8月13日丨丰展控股(01826.HK)宣布，董事会会议将于2025年8月28日(星期四)举行，藉以(其中包 括)考虑及酌情批准集团截至2025年6月30日止六个月的未经审核中期业绩以及就派付中期股息(如有)作 出的推荐建议。 ...

吳建韶 香港，二零二五年八月十三日 （於開曼群島註冊成立的有限公司） （股份代號：1826） 董事會會議通告 豐展控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」） 會（「董事會」）謹此宣佈，董事會會議將於二零二五年八月二十八日（星期四） 舉行，藉以（其中包括）考慮及酌情批准本集團截至二零二五年六月三十日止 六個月的未經審核中期業績以及就派付中期股息（如有）作出的推薦建議。 承董事會命 豐展控股有限公司 主席、行政總裁兼執行董事 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，並明確表示概不會就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。 於本公告日期，董事會包括執行董事吳建韶先生（主席兼行政總裁）；獨立非執行董事蕭偉霖 先生、伍頌慈女士及黃鎮華先生。 ...

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 | | | 致：香港交易及結算所有限公司 公司名稱: 豐展控股有限公司 呈交日期: 2025年8月6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) | 01826 | 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 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | 本月底法定/註冊股本總額： HKD 40,000, ...

Group 1 - The Hang Seng Index closed down 0.15% at 25,524.45 points on July 29 [1] - Fengzhan Holdings (01826.HK) closed at HKD 0.075 per share, up 20.97%, with a trading volume of 2.28 million shares and a turnover of HKD 162,200, showing a volatility of 46.77% [1] - Over the past month, Fengzhan Holdings has seen a cumulative increase of 14.81%, while year-to-date, it has risen by 26.53%, underperforming the Hang Seng Index which has increased by 27.43% [1] Group 2 - As of December 31, 2024, Fengzhan Holdings reported total revenue of HKD 434 million, a year-on-year increase of 141.76%, and a net profit attributable to shareholders of HKD 9.14 million, up 116.65% [1] - The company's gross margin stands at 3.69%, with a debt-to-asset ratio of 100.32% [1] - Currently, there are no institutional investment ratings for Fengzhan Holdings [2] Group 3 - The average price-to-earnings (P/E) ratio for the construction industry (TTM) is 11.21 times, with a median of -0.21 times [2] - Fengzhan Holdings has a P/E ratio of 8.37 times, ranking 49th in the industry [2] - Other companies in the industry have the following P/E ratios: HPC Holdings (01742.HK) at 0.89 times, Pujiang International (02060.HK) at 1.01 times, and others ranging from 1.09 to 2.03 times [2] Group 4 - Fengzhan Holdings provides comprehensive design and construction solutions, serving public institutions (hospitals and schools) and well-known private groups [2] - The company aims for excellence, delivering fruitful results for clients and partners [2] - The professional team consists of surveyors, engineers, designers, and experienced construction personnel, focusing on the best interests of clients [2]

Financial Performance - The total revenue for the fiscal year ending December 31, 2024, increased by 141.8% to approximately HKD 468.5 million, up from HKD 193.8 million in the previous year[8]. - The company recorded a gross profit of approximately HKD 17.3 million, compared to a gross loss of HKD 7.2 million in the previous year[15]. - The net profit attributable to the company's owners for the year was approximately HKD 9.9 million, a significant recovery from a net loss of HKD 59.3 million in the previous year[15]. - Other income for the year was approximately HKD 3.8 million, representing an increase of 836.1% from HKD 0.4 million in the previous year[16]. - The company confirmed a net impairment reversal of approximately HKD 2.3 million, compared to an impairment loss of HKD 35.9 million in the previous year[18]. - The company recognized a profit of approximately HKD 1.3 million from its share of profits from two joint ventures in Hong Kong, compared to no profit in the previous year[17]. - The company reported a profit attributable to owners of approximately HKD 9.9 million, a significant recovery from a loss of HKD 59.3 million in the previous year[26]. - As of December 31, 2024, the company's cash and bank deposits decreased by approximately HKD 26.0 million to about HKD 32.6 million[27]. - The current ratio improved to 1.03 times from 0.98 times in the previous year, indicating better short-term financial health[29]. Business Strategy and Growth - The company has a contract reserve amounting to approximately HKD 435.6 million, which is expected to support its financial performance in the coming years[13]. - The company plans to explore various business and investment opportunities to enhance long-term growth potential, including potential asset sales and acquisitions[13]. - The company aims to leverage its expertise in real estate development and project management to expand its revenue sources[13]. Operational Efficiency - Administrative expenses decreased by approximately HKD 2.2 million or 13.6% to about HKD 14.3 million due to cost control measures implemented during the year[23]. - Financing costs increased by approximately 189.6% to about HKD 0.5 million due to higher interest on bank borrowings[24]. - Accounts receivable and contract assets from the top five customers amounted to approximately HKD 13.4 million, representing 36% of total receivables, a decrease from 55% in the previous year[22]. - The company recognized a net reversal of impairment of approximately HKD 3.1 million for trade receivables and contract assets, compared to an impairment loss of HKD 4.6 million in the previous year[22]. Corporate Governance - The board of directors consists of four members, including one executive director and three independent non-executive directors[43]. - The company has adopted a code of conduct for securities trading by directors, with no violations reported for the year ending December 31, 2024[42]. - The board held six meetings during the year, with all directors attending at least 2/2 or 6/6 meetings[54]. - The company has a diversity policy for board members, considering factors such as gender, age, and ethnicity[48]. - The nomination committee reviews the diversity policy annually to ensure its effectiveness[51]. - The chairman and CEO roles are separated to ensure clear division of responsibilities, with the current chairman also serving as CEO[45]. - The company has maintained compliance with all applicable corporate governance codes for the year ending December 31, 2024[46]. - The board's independent non-executive directors have been invited to join various committees, enhancing governance oversight[46]. - The company has arranged appropriate insurance to protect directors against legal actions arising from corporate activities[47]. - The board believes that a diverse membership enhances the quality of its performance and decision-making[49]. - The board is responsible for corporate governance functions, including policy formulation and compliance with legal regulations[57]. - Independent non-executive directors are appointed for a term of three years and must be re-elected according to the company's articles of association[59]. - The audit committee consists of three independent non-executive directors, ensuring compliance with accounting standards and financial reporting regulations[67]. - The audit committee held three meetings during the year ending December 31, 2024, to review the audited annual results[69]. - All directors are encouraged to participate in continuous professional development to enhance their knowledge and skills[60]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee[66]. - The audit committee monitors the independence and effectiveness of external auditors[68]. - The company received annual independence confirmations from independent non-executive directors, affirming their independence[59]. - The board ensures that all necessary information is provided in a timely manner for informed decision-making[57]. - The company has a structured training program for newly appointed directors to familiarize them with governance policies and practices[60]. Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report covers the group's overall environmental and social performance for the fiscal year ending December 31, 2024[97]. - The group emphasizes stakeholder engagement to create long-term value, involving employees, customers, investors, suppliers, and the community through various communication channels[98]. - The importance assessment identified key ESG issues, including emissions, resource consumption, waste management, employee welfare, and occupational health and safety[101]. - The group has implemented strict monitoring to ensure compliance with environmental regulations, reporting no significant non-compliance incidents related to emissions[104]. - The group is committed to using environmentally friendly practices, including the use of ultra-low sulfur diesel and approved non-road mobile machinery[105]. - The board of directors is responsible for managing ESG-related risks and continuously developing and evaluating the group's ESG policies[103]. - The group aims to balance operational needs with environmental protection to achieve sustainable development[106]. - The group encourages stakeholder feedback on its ESG policies and performance, providing contact information for suggestions[102]. - The group recognizes the importance of adhering to environmental laws and regulations while promoting efficient use of clean energy and reducing waste[110]. - Total greenhouse gas emissions increased to 451 tons of CO2 equivalent in 2024, up 147.8% from 182 tons in 2023[112]. - Direct emissions (Scope 1) rose to 18 tons of CO2 equivalent in 2024 from 5 tons in 2023[111]. - Indirect emissions (Scope 2) increased to 403 tons of CO2 equivalent in 2024 from 159 tons in 2023[111]. - Total waste generated increased to 1,866 tons in 2024 from 869 tons in 2023, with construction waste from landfills rising to 720 tons[116]. - Total electricity consumption surged to 402,695 kWh in 2024, compared to 158,885 kWh in 2023, reflecting a significant operational peak[121]. - Total water consumption increased to 7,388 cubic meters in 2024 from 1,603 cubic meters in 2023[121]. - The company implemented waste management measures to ensure all construction waste is managed and disposed of in an environmentally friendly manner[114]. - The company has not generated any hazardous waste during the reporting period[115]. - The environmental management system has been certified to comply with ISO 14001 standards[124]. - The company continues to monitor and reduce energy consumption to mitigate greenhouse gas emissions[125]. Employee Management - As of December 31, 2024, the total number of employees is 75, with 88% male and 12% female[130]. - The overall employee turnover rate is 25%, with male turnover at 23% and female turnover at 44%[131]. - The average training hours per employee are 37 for males and 28 for females, with a total of 258 hours for male general staff and 28 hours for female general staff[140]. - The company has implemented a competitive compensation and benefits system, adjusting salaries based on performance and qualifications[128]. - The company has adopted a mandatory provident fund plan, contributing 5% of all salary levels for retirement[128]. - The company has established an occupational safety management system compliant with ISO 45001 standards[136]. - There were 162 work-related lost days due to injuries in 2024, a decrease from 505 days in 2023[137]. - The company provides paid annual leave and public holidays in addition to statutory holidays[128]. - The company emphasizes equal opportunities in recruitment, adhering to anti-discrimination principles[128]. - The company conducts regular safety audits to ensure compliance with safety management regulations[133]. Supply Chain and Community Engagement - The number of major suppliers/subcontractors decreased from 148 in 2023 to 117 in 2024, with a significant reduction in Hong Kong from 147 to 93[144]. - The group has not identified any non-compliance cases related to child labor or forced labor as of December 31, 2024[141]. - The group has not received any major complaints regarding service quality or safety during the reporting period[145]. - The group maintains a zero-tolerance policy towards corruption and fraud, with no complaints received from government agencies regarding non-compliance with anti-corruption laws[147]. - The group actively participates in community welfare initiatives, including the Public Estate Basketball Programme, to support youth engagement[148]. - The group evaluates suppliers annually to ensure compliance with quality standards, including professional qualifications and financial status[142]. - The group has established policies to ensure service quality and safety, complying with relevant laws and regulations in Hong Kong[145]. - The group has not identified any non-compliance cases related to product responsibility as of December 31, 2024[146]. - The group emphasizes the importance of protecting intellectual property rights and conducts internal reviews of contracts with clients and suppliers[145]. - The group encourages employee participation in community welfare to better understand stakeholder needs and expectations[148]. Risk Management - The company has implemented policies to identify and mitigate significant climate-related issues affecting its operations[152]. - Employee turnover rates are categorized by gender, employment type, age group, and region, providing insights into workforce dynamics[154]. - The company reported a specific number of work-related fatalities and injury rates over the past three years, highlighting health and safety performance[155]. - Training programs are in place, with a percentage of employees trained categorized by gender and employee type, indicating commitment to employee development[156]. - The company has measures to prevent child and forced labor, ensuring compliance with relevant laws and regulations[155]. - The percentage of products recalled due to health and safety reasons is tracked, reflecting product responsibility[156]. - The company has established anti-corruption policies and reported the number of corruption lawsuits filed against it during the reporting period[158]. - Community investment focuses on areas such as education, health, and environmental issues, demonstrating corporate social responsibility[158]. - The company has a structured approach to managing supply chain risks, including environmental and social factors[155]. Leadership and Board Composition - The executive director has extensive experience in business development and strategic planning, contributing to the company's leadership[159]. - The company is primarily engaged in investment holding activities, with significant operations detailed in the consolidated financial statements[174]. - The board presented the report and audited consolidated financial statements for the year ending December 31, 2024[172]. - The company emphasizes risk management practices to effectively mitigate operational and financial risks[176]. - The company is committed to environmental sustainability, implementing measures to minimize its operational impact on the environment[177]. - The company values its employees as valuable assets and aims to attract and retain suitable personnel through competitive compensation packages[178]. - The company has a strong focus on compliance with relevant laws and regulations that significantly impact its business operations[175]. - The company has not had any directors serve on other listed companies in the past three years, indicating a focused leadership team[162][165][168]. - The company has a diverse board with members possessing extensive experience in real estate, finance, and legal sectors[161][163][166][167]. Shareholder Information - The company does not recommend the payment of any final dividend for the year ending December 31, 2024 (2023: none)[180]. - Revenue from the largest customer accounted for 31.0%, while the top five customers collectively contributed 95.5% of total revenue for the year ending December 31, 2024[195]. - The largest supplier accounted for 17.2% of service costs, with the top five suppliers together representing 57.4% of total service costs for the year ending December 31, 2024[195]. - The company has no distributable reserves available for distribution to shareholders as of December 31, 2024[192]. - The company has not purchased, sold, or redeemed any of its securities during the year ending December 31, 2024[191]. - The company will hold its annual general meeting on May 30, 2025, with a suspension of share transfer registration from May 27 to May 30, 2025[181]. - The company has adopted a share option scheme to recognize and reward contributions from directors and employees, with no options granted or agreed to be granted since its adoption[185]. - The maximum number of shares that can be issued under the share option scheme is capped at 10% of the total issued shares, which amounts to 13,320,000 shares[187]. - The company’s board of directors includes both executive and independent non-executive members, with recent changes in appointments[196]. - The company will regularly review and reassess its dividend policy and its effectiveness[179]. - Each executive and independent non-executive director has entered into service contracts with the company for an initial term of three years, which will be renewed unless terminated with at least three months' written notice[198]. - There are no significant transactions, arrangements, or contracts involving the company's directors or their related entities with substantial interests during the fiscal year ending December 31, 2024[199]. - The company's articles of association provide that each director is entitled to indemnification for losses or liabilities incurred in connection with their duties during their term[200].