第 1 頁 共 10 頁 v 1.1.1 | 2. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01831 | 說明 | | 優先股無投票權、非上市, 但可轉換為本公司上市普通股。 | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | 0.01 | HKD | | 100,000,000 | | 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 | | | --- | --- | --- | --- | --- | --- | --- ...

環境、社會及管治報告 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2024 2024 // 2525 CONTENT 目錄 | 1 | About This Report 關於本報告 | | 2 | | --- | --- | --- | --- | | 2 | | Stakeholders' Communication and Expectations 權益人溝通及期望 | 4 | | | 2.1 | Stakeholders' Participation Channels & Expectations and Demands | 5 | | | 權益人參與渠道及期望與要求 | | | | 3 | Environment 環境 | | 8 | | | 3.1 Emissions 排放物 | | 9 | | | Emission Treatment 廢氣處理 3.1.1 | | 10 | | | Dust Treatment 粉塵處理 3.1.2 | | 10 | | | 3.1.3 | Water Consumption & Wastewater Treatmen ...

Financial Performance - Revenues for the 18 months ended June 30, 2024, were RMB 71,312,000, a decrease of 45.5% compared to RMB 129,321,000 for the year ended December 31, 2022[16] - Gross profit for the same period was RMB 12,942,000, representing a gross margin of approximately 18.2%[16] - The operating loss increased to RMB 42,319,000, compared to an operating loss of RMB 80,476,000 for the year ended December 31, 2022[16] - Loss attributable to owners of the company was RMB 45,840,000, compared to RMB 169,809,000 for the previous year[16] - Basic loss per share was RMB 0.043, an increase from RMB 0.1668 in the previous year[16] - The company reported a non-controlling interest gain of RMB 3,521,000, contrasting with a loss of RMB 2,162,000 in the previous year[16] - For the year ended June 30, 2025, the Group recorded revenue of approximately RMB 71.3 million, a significant increase from approximately RMB 24.6 million for the eighteen months ended June 30, 2024, representing a growth of 189%[65] - The gross profit for the year was RMB 12.9 million, with a gross profit margin decreasing from 22.0% in 2024 to 18.1% in 2025[65] - The net loss after taxation for the year was approximately RMB 42.3 million, compared to a net loss of approximately RMB 18.2 million for the eighteen months ended June 30, 2024[65] Asset and Liability Management - Total assets decreased to RMB 159,994,000 from RMB 207,251,000 year-on-year, a decline of approximately 22.8%[18] - Total debt reduced significantly to RMB 9,417,000 from RMB 22,354,000, marking a decrease of about 57.8%[18] - Current liabilities increased to approximately RMB 156.4 million as at June 30, 2025 from RMB 151.6 million as at June 30, 2024, resulting in a current ratio of approximately 0.6[100] - Cash and bank balances decreased from RMB 4.5 million as at June 30, 2024 to approximately RMB 2.8 million as at June 30, 2025[105] - Trade payables increased from approximately RMB 10.8 million as at June 30, 2024 to RMB 12.5 million as at June 30, 2025, with turnover days decreasing from 355 days to 58 days[121] Operational Efficiency - Gross profit margin for the overall business was 18.1%, down from 22% in the previous year, indicating a decline of 3.9 percentage points[20] - Operating margin improved to 64.2% compared to a negative 65.7% in the previous year, showing a significant recovery[20] - Net margin reached 59.3%, a substantial improvement from a negative 74.2% year-on-year[20] - Trade receivables turnover improved to 46.7 days from 145.7 days, indicating better collection efficiency[20] - Trade receivables increased by 245.1% from RMB 5.1 million as at June 30, 2024 to RMB 17.6 million as at June 30, 2025, attributed to an increase in total revenue of RMB 46.7 million[107] Strategic Initiatives - The company is focusing on market expansion and new product development to improve future performance[16] - Management indicated plans for strategic partnerships to enhance technological capabilities and market reach[16] - The company is exploring potential mergers and acquisitions to strengthen its market position[16] - The Group is developing the "Yongtai Kungfu Distinctive Town" project in collaboration with the Yongtai County government, focusing on ecological agricultural production[74] - The Company aims to enhance its market position through strategic partnerships and collaborations in the media sector[152] Market Trends and Economic Indicators - The Group reported a total retail sales of consumer goods reaching RMB 36.5877 trillion, a year-on-year increase of 4.5%[30] - Online retail sales amounted to RMB 1,128.30 billion, growing by 9.8% year-on-year, with physical goods online retail sales at RMB 915.28 billion, up 6.5%[32] - The consumer goods replacement policy continued to show effectiveness, with retail sales of home appliances and audio-visual equipment increasing by 25.3%[32] - China's GDP for the first half of 2025 reached RMB 660,536 billion, representing a year-on-year growth of 5.3%[51] - The year-on-year growth rate for the first quarter of 2025 was 5.4%, while the second quarter saw a growth of 5.2%[47] Governance and Compliance - The Group has complied with relevant laws and regulations in the PRC that significantly impact its operations during the year[180] - All independent non-executive directors have confirmed their independent status according to Listing Rule 3.13[195] - The service contracts for executive and non-executive directors are for a term of three years, with termination requiring a written notice of at least six months for executive directors and one month for non-executive directors[196] - The remuneration policy for directors and senior management is based on individual performance and market trends[198] Shareholder Information - No final dividend was recommended for the year ended June 30, 2025[158] - As of June 30, 2025, the Company had no reserves available for distribution to shareholders[168] - The Group's total sales from the five largest customers accounted for approximately 47% of total sales, with the largest customer contributing about 14%[177] - The aggregate purchases from the five largest suppliers represented approximately 72% of total purchases, with the largest supplier accounting for about 29%[178]

第 1 頁 共 10 頁 v 1.1.1 本月底法定/註冊股本總額： HKD 1,100,000,000 | 2. 股份分類 | 普通股 | | 股份類別 | 不適用 | 於香港聯交所上市 (註1) | | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01831 | 說明 | | 優先股無投票權、非上市, 但可轉換為本公司上市普通股。 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 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) | | ...

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，並表明概不會就因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。 SHIFANG HOLDING LIMITED 截至二零二五年六月三十日止年度 全年業績公告 財務摘要 十方控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會（「董事 會」）謹此宣佈本集團截至二零二五年六月三十日止年度的全年業績連同截至二 零二四年六月三十日止十八個月的比較數字。 1 • 於截至二零二五年六月三十日止年度，本集團收入為人民幣71.3百萬元，而 於截至二零二四年六月三十日止十八個月則為人民幣24.6百萬元。 • 於截至二零二五年六月三十日止年度，本集團毛利為人民幣12.9百萬元，而 於截至二零二四年六月三十日止十八個月則為人民幣5.4百萬元。 • 於截至二零二五年六月三十日止年度，本集團錄得虧損淨額人民幣42.3百萬 元，而於截至二零二四年六月三十日止十八個月則為人民幣18.2百萬元，主 要歸因於無形資產減值虧損。 • 於截至二零二五年六月三十日止年度，本集團錄得每股基本虧損人民幣 ...

第 1 頁 共 10 頁 v 1.1.1 本月底法定/註冊股本總額： HKD 1,100,000,000 | 2. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 否 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01831 | 說明 | | 優先股無投票權、非上市, 但可轉換為本公司上市普通股。 | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 HKD | | 0.01 | HKD | | 100,000,000 | | 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 | | | --- | --- ...

第 1 頁 共 10 頁 v 1.1.1 2. 股份分類 普通股 股份類別 不適用 於香港聯交所上市 (註1) 否 證券代號 (如上市) 01831 說明 優先股無投票權、非上市, 但可轉換為本公司上市普通股。 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 10,000,000,000 HKD 0.01 HKD 100,000,000 增加 / 減少 (-) HKD 本月底結存 10,000,000,000 HKD 0.01 HKD 100,000,000 | 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) | 01831 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | ...

Group 1 - The core viewpoint of the article highlights that Shifang Holdings (01831.HK) reported a significant decline in financial performance for the year ending June 30, 2025, with a revenue of approximately RMB 71.3 million and a net loss of RMB 42.3 million, compared to a loss of RMB 18.2 million for the eighteen months ending June 30, 2024 [1] - The company recorded a basic loss per share of RMB 0.043 for the year ending June 30, 2025, which is an increase from RMB 0.015 for the eighteen months ending June 30, 2024 [1] - The board of directors has decided not to recommend any final dividend for the year ending June 30, 2025, reflecting the company's financial difficulties [1] Group 2 - The advertising industry is undergoing rapid changes due to technological advancements and shifts in market conditions, leading to a decline in traditional media such as newspapers, radio, and television [1] - Mobile internet and new media have emerged as dominant forces in the advertising sector, negatively impacting the company's performance during the reporting period [1] - Overall, the adverse operating environment has contributed to the continued deterioration of the company's business performance [1]

Core Points - The company reported a revenue of 71.312 million, representing a year-on-year increase of 189.91% [1] - The loss attributable to owners increased to 45.84 million, which is a 1.85 times increase compared to the previous year [1] - The loss per share is 0.043 yuan [1] Financial Performance - Revenue for the fiscal year ending June 30, 2025, was 71.312 million, showing significant growth [1] - The increase in loss is attributed to impairment losses on intangible assets and property, plant, and equipment [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，並表明概不會就因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。 SHIFANG HOLDING LIMITED 截至二零二五年六月三十日止年度 全年業績公告 財務摘要 十方控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會（「董事 會」）謹此宣佈本集團截至二零二五年六月三十日止年度的全年業績連同截至二 零二四年六月三十日止十八個月的比較數字。 1 • 於截至二零二五年六月三十日止年度，本集團收入為人民幣71.3百萬元，而 於截至二零二四年六月三十日止十八個月則為人民幣24.6百萬元。 • 於截至二零二五年六月三十日止年度，本集團毛利為人民幣12.9百萬元，而 於截至二零二四年六月三十日止十八個月則為人民幣5.4百萬元。 • 於截至二零二五年六月三十日止年度，本集團錄得虧損淨額人民幣42.3百萬 元，而於截至二零二四年六月三十日止十八個月則為人民幣18.2百萬元，主 要歸因於無形資產減值虧損。 • 於截至二零二五年六月三十日止年度，本集團錄得每股基本虧損人民幣 ...