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10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11月3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 | | 115,000,0 ...

Core Viewpoint - 瑞威资管's indirect subsidiary, 源汇启创, has entered into a consulting management service framework agreement with 鑫和信用, aimed at enhancing the efficiency and recovery value of debt disposal in the individual loan non-performing asset sector [1] Group 1: Company Overview - 源汇启创 will provide consulting management services to 鑫和信用, leveraging its expertise in the individual loan non-performing asset industry [1] - 鑫和信用 has extensive experience and resource accumulation in the individual loan non-performing asset sector, indicating a strong foundation for collaboration [1] Group 2: Strategic Implications - The partnership is expected to improve the efficiency of debt disposal and recovery value, which will positively impact 源汇启创's operational income and increase profit channels [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（「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） 持續關連交易 諮詢管理服務框架協議 諮詢管理服務框架協議 於2025年10月31日，本公司的間接附屬公司源匯啟創與鑫和信用訂立諮詢管理 服務框架協議，據此，源匯啟創接受委託向鑫和信用提供諮詢管理服務。 上市規則的涵義 本公司的全資附屬公司北京瑞威持有源匯啟創51 %的股權，鑫和信用持有源匯 啟 創 49 % 的 股 權 。 因 此 ， 根 據 上 市 規 則 第 14A 章 ， 鑫 和 信 用 為 本 公 司 於 附 屬 公 司層面的關連人士，而源匯啟創與鑫和信用於諮詢管理服務框架協議項下擬進 行之 ...

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9月30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10月2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 | II. 已發行股份及/或庫存 ...

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 ...

Financial Performance - For the six months ended June 30, 2025, the company's revenue was RMB 18,033 thousand, representing a 25.5% increase from RMB 14,411 thousand in the same period of 2024[5]. - The net profit attributable to the parent company for the same period was RMB 2,494 thousand, compared to a net loss of RMB 3,142 thousand in the previous year[5]. - The company reported a basic and diluted earnings per share of RMB 1.63 for the six months ended June 30, 2025, compared to a loss of RMB 2.05 in the same period of 2024[5]. - The company achieved a profit of approximately RMB 2.4 million during the reporting period, compared to a net loss of RMB 3.3 million in the same period last year[22]. - The company reported a profit before tax of RMB 2,951,000, compared to a loss of RMB 3,305,000 in the previous year, marking a turnaround[63]. - Net profit for the period was RMB 2,426,000, recovering from a loss of RMB 3,289,000 in the same period last year[64]. - The company’s total revenue for the first half of 2025 was RMB 18,033,000, an increase of 25.5% from RMB 14,411,000 in the same period of 2024[79]. Assets and Liabilities - Total assets as of June 30, 2025, were RMB 295,306 thousand, a decrease from RMB 308,632 thousand as of December 31, 2024[5]. - The company managed assets totaling approximately RMB 2,018.8 million as of June 30, 2025, down from RMB 2,053.4 million at the end of 2024[9]. - The company’s interest-bearing liabilities remained stable at approximately RMB 19.0 million, with a capital debt ratio of about 7.2%[25]. - The total amount of receivables increased to RMB 102,565,000 as of June 30, 2025, up from RMB 91,743,000 as of December 31, 2024, reflecting a growth of 11.9%[93]. - The net value of receivables after impairment was RMB 87,564,000 as of June 30, 2025, compared to RMB 77,553,000 at the end of 2024, indicating a rise of 12.8%[93]. - The total financial liabilities increased to RMB 25,539,000 as of June 30, 2025, compared to RMB 21,603,000 as of December 31, 2024[113]. Revenue Sources - Consulting fee income significantly increased by approximately RMB 9.8 million, reaching RMB 14.1 million during the reporting period[18]. - The investment advisory business contributed approximately RMB 12.9 million in consulting fees, while the legal consulting business generated about RMB 1.2 million[18]. - The company provided investment advisory services for a total of 12 projects during the reporting period, with 6 of them being new projects, generating consulting fee income of approximately RMB 12.9 million[12]. - The company recorded rental income of approximately RMB 1.0 million from two commercial properties acquired in July 2023[14]. - Customer contract revenue increased to RMB 17,026,000 in 2025, up 23.3% from RMB 13,829,000 in 2024[79]. - The company generated rental income from investment properties amounting to RMB 1,007,000, compared to RMB 582,000 in the previous year, reflecting a growth of 72.9%[79]. Cost Management - Administrative expenses decreased to approximately RMB 12.8 million, down from RMB 16.1 million in the previous year, primarily due to cost control measures[21]. - The company incurred financing costs of RMB 455,000, significantly lower than RMB 1,245,000 in the previous year, showing improved cost management[68]. Investment Strategy - The company has shifted its focus towards operational management of existing assets, aligning with market trends in China's real estate sector[8]. - The company plans to expand its investment advisory business and enhance its legal consulting services through targeted marketing and optimized operational efficiency[16]. - The group continues to adopt a diversified investment strategy to optimize capital utilization and monitor market trends closely[37]. Shareholder Information - Mr. Zhu Ping holds 115,000,000 domestic shares, representing 100% of the domestic shares and 75% of the total share capital[47][49]. - Major shareholders include Shanghai Shengxuan Investment Consulting Co., Ltd., which holds 115,000,000 domestic shares, representing 100% of the domestic shares and 75% of the total share capital[50]. - Shanghai Weimian Investment Partnership holds 79,012,675 domestic shares, representing 68.7% of the domestic shares and 51.5% of the total share capital[50]. - The board does not recommend declaring an interim dividend for the six months ending June 30, 2025, maintaining resources for business development[43]. Corporate Governance - The company has adopted and complied with corporate governance principles, except for the separation of the roles of Chairman and CEO, which are both held by Mr. Zhu Ping[44][45]. - The board believes that the current management structure is effective and serves the best interests of the company and its shareholders[45]. - The company has established written guidelines for employees regarding securities trading, ensuring compliance with the relevant standards[46]. Audit and Compliance - The external auditor did not review or audit the financial performance during the reporting period[61]. - The company has established an audit committee consisting of three independent non-executive directors[60]. - There have been no significant events occurring after the reporting period up to the date of this mid-term report[58]. - The company is not aware of any business or interests of directors or controlling shareholders that may compete with the group's business[59].

Core Viewpoint - 瑞威资管 (01835.HK) reported a mid-year performance for 2025, achieving a revenue of approximately RMB 18 million, representing a year-on-year growth of about 25.1% [1] Financial Performance - The company's profit attributable to equity holders for the period was RMB 2.494 million, marking a turnaround from a loss to a profit [1] - Earnings per share were approximately 1.63 cents [1]

Core Insights - 瑞威资管 (01835) reported a mid-year performance for 2025, achieving revenue of approximately RMB 18 million, representing a year-on-year increase of about 25.1% [1] - The net profit attributable to the parent company was RMB 2.494 million, marking a turnaround from a loss to profit compared to the previous year; earnings per share were approximately 1.63 cents [1] Revenue Growth - The increase in revenue was primarily driven by a significant rise in consulting fee income, which increased by approximately RMB 9.8 million compared to the same period last year [1] Profitability Improvement - The turnaround to profitability was mainly attributed to the sustained growth of the investment advisory business, along with the gradual market penetration of emerging services such as legal consulting [1] - The diversified business layout contributed to revenue enhancement, while cost efficiency was achieved through improved operational efficiency [1]

Core Viewpoint - 瑞威资管 reported a mid-year performance for 2025 with revenues of approximately RMB 18 million, reflecting a year-on-year growth of about 25.1% [1] Financial Performance - The profit attributable to the parent company for the period was RMB 2.494 million, marking a turnaround from a loss to profit [1] - Earnings per share were approximately 1.63 cents [1] Revenue Drivers - The increase in revenue was primarily driven by a significant rise in consulting fee income, which increased by approximately RMB 9.8 million compared to the same period last year [1] - The turnaround to profitability was largely due to the strong performance of the investment advisory business and the gradual market penetration of emerging services such as legal consulting [1] Cost Management - The company effectively reduced costs by enhancing operational efficiency, contributing to the overall improvement in profitability [1]

Financial Performance - For the six months ended June 30, 2025, the group reported revenue of approximately RMB 18.0 million, an increase of about 25.1% compared to RMB 14.4 million for the same period last year[5] - The group confirmed a profit of approximately RMB 2.4 million for the six months ended June 30, 2025, compared to a loss of approximately RMB 3.3 million for the same period last year[5] - The earnings per share attributable to ordinary shareholders of the parent company for the six months ended June 30, 2025, was approximately RMB 1.63[5] - The total comprehensive income for the period attributable to the parent company was RMB 2.494 million, a significant recovery from a loss of RMB 3.142 million in the previous year[8] - The total comprehensive income for the period, excluding tax, was 2,393 thousand RMB, compared to a loss of 3,280 thousand RMB in the previous period[9] - The net income attributable to the parent company was 2,461 thousand RMB, a significant improvement from a loss of 3,133 thousand RMB[9] - The group achieved a profit of approximately RMB 2.4 million during the reporting period, a turnaround from a net loss of approximately 3.3 million in the same period last year[57] Revenue Sources - Total revenue for the six months ended June 30, 2025, was RMB 18,033 thousand, an increase of approximately 25.5% compared to RMB 14,411 thousand in 2024[22] - The company reported consulting income of RMB 17,026 thousand for the first half of 2025, up from RMB 13,829 thousand in the same period of 2024, reflecting a growth of about 23.8%[22] - Rental income from investment properties was RMB 1,007 thousand, which is an increase of 73.0% from RMB 582 thousand in 2024[22] - Consulting fee income reached approximately RMB 14.1 million, with a significant increase of about RMB 9.8 million compared to the previous year, driven by the investment advisory business[52] Expenses and Liabilities - Administrative expenses increased to RMB 16.093 million from RMB 12.751 million year-on-year, reflecting higher operational costs[7] - The total liabilities for current liabilities were 29,766 thousand RMB, compared to 26,679 thousand RMB previously[11] - Other payables and accrued expenses totaled RMB 8,579,000 as of June 30, 2025, an increase from RMB 5,941,000 as of December 31, 2024[38] Asset Management - The company is focusing on enhancing its asset management capabilities to drive future growth and profitability[5] - The group managed a total of approximately RMB 2,018.8 million in assets as of June 30, 2025, with a significant focus on commercial real estate, urbanization, and distressed asset projects[42] - The assets under management for commercial real estate projects accounted for 63.6% of the total, amounting to RMB 1,283.2 million, while urbanization and redevelopment projects represented 28.8% with RMB 581.3 million[43] - The group has shifted its focus towards value extraction and enhancement of existing assets in response to the structural changes in the real estate market[41] Investments - The group’s investment consulting business has shown significant expansion, with multiple key projects signed in the first half of 2025[44] - The group’s funds invested in 14 projects across various regions, including Shanghai, Jiangsu, and Sichuan, demonstrating a diversified investment strategy[42] - The group will continue to operate a diversified investment portfolio and closely monitor investment performance and market trends to adjust investment strategies accordingly[73] Corporate Governance - The company has adopted and complied with the corporate governance principles and standards, except for the deviation regarding the separation of the roles of Chairman and CEO[78] - The Chairman and CEO roles are currently held by Mr. Zhu Ping, which deviates from the corporate governance code[79] - The audit committee, composed of three independent non-executive directors, reviewed the accounting principles and practices adopted by the group[87] Employee and Operational Management - The group employed a total of 75 employees as of June 30, 2025, an increase from 62 employees as of December 31, 2024[71] - The group has implemented effective operational management strategies to improve rental rates and occupancy levels in long-term rental apartment projects[41] Taxation and Financial Policies - The group is subject to a corporate income tax rate of 25% in mainland China, with small enterprises qualifying for a reduced rate of 5% due to low profitability[25] - The group maintained a prudent treasury policy, ensuring a stable cash flow situation and minimizing credit risk through strict control of receivables[61] Other Financial Information - The company has no issued potential dilutive ordinary shares as of the reporting dates[28] - The company has no significant investment or capital asset plans as of June 30, 2025[77] - The financial performance during the reporting period was not audited or reviewed by external auditors[88]