FF301 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: 上海瑞威資產管理股份有限公司 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 | 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 | | | 115,000,000 RMB | | | 1 RMB | | 115,000,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | | | 本月底結存 | | | 115,000,000 RMB | | | 1 RMB | | 115,000,000 | | 2. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 ...

目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論與分析 | 5 | | 企業管治及其他資料 | 18 | | 未經審核中期簡明綜合損益及其他全面收益表 | 26 | | 未經審核中期簡明綜合財務狀況表 | 28 | | 未經審核中期簡明綜合權益變動表 | 30 | | 未經審核中期簡明綜合現金流量表 | 31 | | 中期簡明綜合財務報表附註 | 33 | 公司資料 董事 執行董事 朱平先生 （主席兼首席執行官） 段克儉先生 樊磊先生 非執行董事 成軍先生 王旭陽先生 獨立非執行董事 尚健先生 楊惠芳女士 朱洪超先生 監事 蔡璐懿女士 （主席） 陸希立先生 王娟萍女士 審核委員會 楊惠芳女士 （主席） 尚健先生 朱洪超先生 提名委員會 朱平先生 （主席） 尚健先生 楊惠芳女士 薪酬委員會 朱洪超先生 （主席） 楊惠芳女士 朱平先生 公司秘書 劉惠儀女士 註冊辦事處 中國 上海 自由貿易試驗區 張楊路828–838號（雙） 26G–3室 中國主要營業地點 中國 上海 浦東新區 世紀大道1198號 世紀匯一座7樓707單元 郵編200122 香港主要營業地點 香 ...

瑞威资管(01835.HK)公布2025年中期业绩，实现收益约人民币1800万元，同比增长约25.1%。母公司拥 有人应占期内溢利 为249.4万元，同比扭亏为盈;每股盈利约为1.63分。 本文源自：金融界AI电报 ...

公告称，收入增加主要源于咨询费收入较去年同期大幅增加约980万元。扭亏为盈主要得益于投资顾问 业务持续发力，法律咨询等新兴业务逐步打开市场，多元业务布局推动收益提升，而成本端则通过提升 运营效率实现有效压降。 瑞威资管(01835)公布2025年中期业绩，实现收益约人民币1800万元，同比增长约25.1%。母公司拥有人 应占期内溢利为249.4万元，同比扭亏为盈;每股盈利约为1.63分。 ...

公告称，收入增加主要源于咨询费收入较去年同期大幅增加约 980万元。扭亏为盈主要得益于投资顾问 业务持续发力，法律咨询等新兴业务逐步打开市场，多元业务布局推动收益提升，而成本端则通过提升 运营效率实现有效压降。 智通财经APP讯，瑞威资管(01835)公布2025年中期业绩，实现收益约人民币1800万元，同比增长约 25.1%。母公司拥有人应占期内溢利 为249.4万元，同比扭亏为盈;每股盈利约为1.63分。 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）對 本 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 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。 上海瑞威資產管理股份有限公司 Shanghai Realway Capital Assets 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：1835） 截 至2025年6月30日 止 六 個 月 期 間 的 中 期 業 績 公 告 上 海 瑞 威 資 產 管 理 股 份 有 限 公 司（「本 公 司」、「公 司」）董 事（「董 事」）會（「董 事 會」）欣 然 宣 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至2025年6月30日 止 六 個 月（「報 告 期」）的 未 經 審 核 綜 合 業 績，連 同 截 至2024年6月30日 ...

FF301 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7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: 上海瑞威資產管理股份有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 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 | | | 115,000,000 | RMB | | 1 | RMB | | 115,000,000 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 115,000,000 | RMB | | 1 | RMB | | 115,000,000 ...

Financial Performance - The company recorded revenue of approximately RMB 263 million for the year, representing a year-on-year growth of about 47.2%[8] - The net loss for the year decreased by approximately RMB 447 million or about 77.2% compared to the previous year, significantly narrowing the loss margin[8] - Revenue for the year ended December 31, 2024, was RMB 26,312 thousand, a decrease of 26.5% compared to RMB 36,753 thousand in 2022[12] - The net loss for the year was RMB (13,201) thousand, an improvement from a net loss of RMB (57,925) thousand in 2023[12] - The annual loss was approximately RMB 13.2 million, a reduction of about RMB 44.7 million or 77.2% compared to the previous year[55] Business Strategy and Development - The company plans to strengthen its core business positions in fund management and investment advisory services while expanding its business portfolio into legal consulting and non-performing loan asset acquisition[10] - The company aims to enhance operational efficiency and optimize cost structures while maintaining a prudent management approach[10] - The company is focusing on strategic planning and development, led by the Chief Executive Officer, who has been in the role since January 2010[13] - The company aims to enhance its market position through strategic development and governance advice from its board of directors[17] - The company is exploring opportunities for market expansion and potential acquisitions to strengthen its portfolio[12] Asset Management and Investments - The total assets under management by the group reached approximately RMB 2,053.4 million as of December 31, 2024[37] - The group managed five funds that conducted cash and non-cash distributions to fund unit holders during the reporting period[37] - The company’s direct investment management scale reached RMB 454.2 million as of December 31, 2024, compared to RMB 388.0 million in 2023[41] - The company’s commercial real estate projects accounted for 62.7% of total managed assets, with a value of RMB 1,286.4 million as of December 31, 2024[40] - The group maintains a diversified investment portfolio and closely monitors investment performance and market trends to adjust investment strategies accordingly[73] Market Conditions - The real estate asset management industry in China is expected to enter a new phase, driven by policy optimization and market demand release[10] - Real estate development investment in China decreased by 10.6% compared to the previous year, with new residential sales down 17.1% and sales area down 12.9%[32] - The private equity investment market showed signs of recovery despite an overall downward trend, with new types of assets attracting global investment attention[33] - The government introduced policies to stabilize the real estate market, including optimizing financing environments for real estate companies[33] Corporate Governance - The board of directors includes Mr. Zhu Ping as Chairman and CEO, and Mr. Duan Kejian, among others, with changes in appointments noted[105] - The company has established three board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee, to oversee various aspects of the company's operations[159] - The supervisory board confirmed that the company's financial reports accurately reflect its financial status and operational results for the year, supported by an unqualified audit opinion from the accounting firm[149] - The company emphasizes a strong corporate culture that aligns with its vision and strategic goals, focusing on core values that guide employee behavior[153] - The board currently has a female director representation of 12.5% and aims to maintain this level[165] Risk Management - The company faces various risks, including adverse investment decisions and market fluctuations affecting its performance[97] - The supervisory board will actively participate in important meetings and decision-making processes to better protect the interests of the company and all shareholders[151] - The company will strictly adhere to laws, regulations, and internal rules in its supervisory activities, including regular financial report reviews to monitor financial operations and mitigate operational risks[151] Awards and Recognition - The company received awards for "Best Special Opportunity Investment Management Institution" and "Carbon Neutrality and Sustainable Development Gold Award" in 2024[7] Shareholder Information - The company did not declare a final dividend for the year to retain resources for business development[64] - Major shareholders include Shanghai Shengxuan Investment Consulting Co., Ltd. holding 115,000,000 shares, representing 100.0% of the class shares and 75.0% of the total share capital[117] - The company has maintained sufficient public float as per the listing rules during the reporting period[101] Management Team - The management team has extensive experience in investment and asset management, with key members holding qualifications in fund investment and management[15] - Mr. Shang Jian has over 25 years of experience in fund management and securities, previously serving as General Manager at multiple fund management companies[19] - Ms. Yang Huifang has held various financial management roles, including General Manager of Finance at Greentown Service Group, which is listed on the Hong Kong Stock Exchange[20] - Mr. Zhu Hongchao has extensive legal experience and has served as an independent non-executive director for several listed companies, including E-House (China) Holdings Limited[21] Financial Position - Total assets decreased to RMB 289,841 thousand in 2024 from RMB 334,150 thousand in 2023, representing a decline of 13.2%[12] - Total liabilities were reduced to RMB 28,888 thousand in 2024, down from RMB 61,115 thousand in 2023, a decrease of 52.7%[12] - Equity attributable to owners of the parent company was RMB 260,953 thousand in 2024, compared to RMB 273,035 thousand in 2023, a decline of 4.5%[12] - Basic and diluted loss per share for the year was RMB (8.55), an improvement from RMB (37.00) in 2023[12] Compliance and Regulations - The company has adopted a securities trading code for directors and supervisors, ensuring compliance with relevant regulations[174] - The company has not entered into any significant contracts with its holding company or its subsidiaries during the year[109] - The company has not recommended the distribution of a final dividend for the year[88]

Financial Performance - The company reported revenue of approximately RMB 26.3 million for the year ending December 31, 2024, representing a year-on-year increase of about 47.2% compared to RMB 17.9 million in the previous year[3]. - The company confirmed a loss of approximately RMB 13.2 million for the year, a significant reduction of about 77.2% from the loss of RMB 57.9 million reported in the previous year[3]. - The total comprehensive loss for the year was RMB 13.18 million, a reduction from RMB 57.91 million in the previous year[6]. - The basic loss per share for 2024 is RMB 13,105, a significant improvement from RMB 56,733 in 2023, indicating a reduction in losses[28]. - The group reported a net loss for the year was approximately RMB 13.2 million, a reduction of approximately RMB 44.7 million or about 77.2% compared to the previous year's loss of approximately RMB 57.9 million[65]. Revenue Breakdown - Total revenue for 2024 reached RMB 26,312,000, an increase of 47% compared to RMB 17,872,000 in 2023[20]. - Client contract revenue for 2024 was RMB 24,698,000, up from RMB 16,517,000 in 2023, reflecting a growth of 49%[20]. - Revenue from consulting services increased significantly to RMB 13,116,000 in 2024, compared to RMB 6,725,000 in 2023, marking a growth of 95%[20]. - The company reported rental income from property management of RMB 1,614,000 in 2024, up from RMB 1,355,000 in 2023, indicating a growth of 19%[20]. Expenses and Costs - Total administrative expenses for the year were RMB 32.33 million, down from RMB 38.23 million in the previous year[4]. - The company recorded a decrease in financing costs, amounting to RMB 1.76 million, compared to RMB 1.52 million in the previous year[4]. - Other income and gains were approximately RMB 0.9 million, a decrease of about RMB 4.9 million compared to the previous year[59]. - Income tax expenses for the year were approximately RMB 1.6 million, a decrease of approximately RMB 6.4 million compared to last year, mainly due to unrecognized deductible temporary differences and reduced tax losses[64]. Assets and Liabilities - Total assets decreased from RMB 277,503 thousand in 2023 to RMB 263,162 thousand in 2024, a decline of approximately 5.2%[8]. - Current assets decreased from RMB 239,755 thousand in 2023 to RMB 197,808 thousand in 2024, a decrease of about 17.5%[8]. - Total liabilities decreased from RMB 56,647 thousand in 2023 to RMB 26,679 thousand in 2024, a reduction of approximately 52.9%[8]. - The company's equity attributable to shareholders increased from RMB 119,587 thousand in 2023 to RMB 153,340 thousand in 2024, an increase of about 28.3%[8]. Trade Receivables - Trade receivables increased from RMB 64,937 thousand in 2023 to RMB 77,553 thousand in 2024, an increase of about 19.4%[7]. - The impairment loss on trade receivables decreased to RMB 14,190,000 in 2024 from RMB 19,739,000 in 2023, showing a reduction of about 28.5%[30]. - The expected credit loss rate for trade receivables is 15.5% in 2024, down from 23.3% in 2023, indicating improved credit risk management[32]. - The company has implemented a credit risk control team to minimize credit risks associated with trade receivables[30]. Investments - The investment in associates and joint ventures measured at fair value decreased from RMB 135,994 thousand in 2023 to RMB 86,072 thousand in 2024, representing a decline of approximately 36.6%[33]. - The total fair value of investments in associates and joint ventures at the end of 2024 is projected to be RMB 128,034 thousand, down from RMB 177,496 thousand at the end of 2023, indicating a significant reduction of approximately 27.8%[35]. - The group has a diversified investment strategy, focusing on the feasibility, financial performance, and reputation of investment projects, while closely monitoring market trends[84]. Corporate Governance - The company is committed to adhering to corporate governance principles and has made efforts to improve efficiency and effectiveness in governance practices[93]. - The chairman and CEO roles are held by the same individual, Zhu Ping, which deviates from corporate governance guidelines but is deemed appropriate for the company's interests[94]. - The company has established an audit committee composed of three independent non-executive directors to review accounting principles and financial reporting matters[105]. Future Outlook - The group anticipates continued growth in the fund management and investment advisory sectors, aiming to expand both domestic and international business[54]. - The group plans to enhance its service quality while optimizing cost structures and improving operational efficiency[55]. - The group has identified potential investment and acquisition opportunities to create greater value for shareholders[55].

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 14,411 thousand, an increase of 42.5% compared to RMB 10,136 thousand in the same period of 2023[8]. - The net loss attributable to the parent company for the first half of 2024 was RMB (3,142) thousand, a significant improvement from a loss of RMB (29,550) thousand in the same period of 2023[8]. - Total revenue for the reporting period was approximately RMB 14.4 million, an increase of approximately RMB 4.3 million or 42.2% compared to the same period last year[26]. - Fund management fee income was RMB 9.5 million, an increase of approximately RMB 3.8 million compared to the same period last year, primarily due to contributions from the managed private equity fund[28]. - The company reported a loss before tax of RMB 3,305,000, significantly improved from a loss of RMB 29,721,000 in the previous year, representing an 88.9% reduction[86]. - The basic and diluted loss per share for the period was RMB 2.05, compared to RMB 19.27 in the same period last year, indicating an 89.4% improvement[88]. - The company reported a decrease in investment income to RMB 204,000 for the six months ended June 30, 2024, down from RMB 5,000,000 in 2023, indicating challenges in investment performance[94]. - The company’s total comprehensive loss for the period was RMB 29,581,000, compared to a loss of RMB 29,728,000 in the same period of 2023, indicating a slight improvement in overall financial performance[92]. Assets and Liabilities - Total assets as of June 30, 2024, were RMB 308,632 thousand, a decrease of 4.5% from RMB 323,621 thousand as of December 31, 2023[8]. - The total liabilities increased to RMB 39,342 thousand as of June 30, 2024, compared to RMB 22,850 thousand as of December 31, 2023[8]. - The total managed assets as of June 30, 2024, were approximately RMB 2,071.6 million, a decrease from RMB 2,183.6 million as of December 31, 2023[13]. - The company's net asset value was RMB 269,290,000, down from RMB 273,035,000, reflecting a decrease of 1.4%[91]. - The total liabilities as of June 30, 2024, were RMB 269,290,000, reflecting a decrease from RMB 300,475,000 as of December 31, 2022, indicating a reduction of approximately 10%[92]. Cash Flow and Financial Position - As of June 30, 2024, the group's cash and cash equivalents totaled approximately RMB 25.4 million, up from RMB 12.6 million as of December 31, 2023[35]. - The net cash flow from operating activities for the six months ended June 30, 2024, was RMB 11,334,000, compared to a cash outflow of RMB 29,721,000 for the same period in 2023, indicating a significant improvement[93]. - The company reported a net increase in cash and cash equivalents of RMB 11,592,000 for the six months ended June 30, 2024, compared to an increase of RMB 18,106,000 in the same period of 2023[94]. - Cash and bank balances increased to RMB 25,365,000 from RMB 12,610,000, showing a growth of 101.5%[90]. - The company’s cash and cash equivalents at the end of the period were RMB 24,211,000, down from RMB 31,326,000 at the end of June 2023, reflecting a decrease of approximately 23%[94]. Investment and Project Management - The company managed six commercial real estate projects with a total managed asset value of RMB 1,301.2 million, accounting for 62.8% of total managed assets[14]. - The company did not establish new funds during the reporting period and focused on improving existing projects and asset disposals[10]. - The company actively engaged with various financial institutions to reduce project financing costs during the reporting period[10]. - The group provided investment advisory services for a total of 12 projects during the reporting period, contributing approximately RMB 4.3 million in consulting fee income[18]. - The group plans to explore new investment directions in industrial real estate, particularly logistics properties and industrial parks, and aims to expand its fund management business in Hong Kong in the second half of the year[23]. Corporate Governance and Compliance - The company adopted and complied with the corporate governance code as per the listing rules, except for the provision C.2.1 regarding the separation of roles between the Chairman and CEO, which is currently held by Mr. Zhu Ping[58]. - The company has established risk management and internal control measures to safeguard the interests of the group and its shareholders[58]. - The company has confirmed compliance with the standards for securities trading by all directors and supervisors during the reporting period[59]. - The company is committed to continuous improvement of corporate governance principles and practices to enhance operational effectiveness[58]. - The board does not recommend declaring an interim dividend for the six months ending June 30, 2024, to retain resources for business development[57]. Shareholder Information - As of June 30, 2024, the company had a total of 153,340,000 shares issued, with significant shareholdings by major shareholders including Shanghai Shengxuan Investment Consulting Co., Ltd. holding 115,000,000 shares, representing 75.0% of the total[65][66]. - The company has a significant shareholder, China Everbright Group, which holds 55.67% of the shares[79]. - Major shareholders include Shanghai Weihui Investment Partnership with 12.1% of the relevant class of shares and 9.0% of the total share capital[68]. - The company’s major shareholders also include Honorich Holdings Limited, which owns 49.39% of the shares[76]. - The employee stock ownership plan was adopted on July 26, 2024, involving four employees[80].