Group 1 - The company reported a revenue of HKD 615 million for the six months ending June 30, 2025, representing a year-on-year increase of 144.23% [1] - The loss attributable to shareholders widened to HKD 46.744 million, an increase of 171.51% compared to the previous year [1] - The basic loss per share was reported at HKD 0.023 [1]

Core Viewpoint - China Wantian Holdings (01854) reported a significant increase in revenue but also faced a substantial increase in shareholder losses for the six months ending June 30, 2025 [1] Financial Performance - Revenue from continuing operations reached HKD 615 million, representing a year-on-year increase of 144.23% [1] - Shareholder losses amounted to HKD 46.744 million, which is a year-on-year increase of 171.51% [1] - Basic loss per share was HKD 0.023 [1]

Core Viewpoint - China Wantian Holdings (01854) anticipates a consolidated net loss of not more than HKD 50 million for the six months ending June 30, 2025, compared to a consolidated net loss of approximately HKD 17.2 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected consolidated net loss for the six months ending June 30, 2025, is projected to be around HKD 50 million, which represents an increase from the previous period's loss of approximately HKD 17.2 million [1] Operational Factors - The increase in consolidated net loss is primarily attributed to the signing of a leaseback agreement for the food supply business in Hong Kong in 2024, leading to increased depreciation of properties, plants, equipment, and right-of-use assets [1] - Additionally, the expansion of the group's business has resulted in increased employee costs [1]

Core Viewpoint - China Wantian Holdings (01854.HK) expects to report a consolidated net loss of not more than HKD 50 million for the six months ending June 30, 2025, compared to a consolidated net loss of approximately HKD 17.2 million in the previous period [1] Financial Performance - The anticipated increase in consolidated net loss is primarily attributed to: (i) the signing of leaseback agreements for the food supply business in Hong Kong and the expansion of its catering services in the Greater Bay Area, leading to increased depreciation of properties, plants, equipment, and right-of-use assets; and (ii) increased employee costs due to business expansion [1]

Core Viewpoint - China Wantian Holdings (01854) anticipates a consolidated net loss of no more than HKD 50 million for the six months ending June 30, 2025, compared to a consolidated net loss of approximately HKD 17.2 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected consolidated net loss for the six months ending June 30, 2025, is projected to be around HKD 50 million, which represents an increase from the previous period's loss of approximately HKD 17.2 million [1] Business Operations - The increase in consolidated net loss is primarily attributed to the signing of a leaseback agreement for the food supply business in Hong Kong in 2024, leading to increased depreciation of properties, plants, equipment, and right-of-use assets [1] - Additionally, the expansion of the group's business in the Greater Bay Area for its catering services has resulted in increased employee costs [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，並明確表示，概不對因本公告全部或任 何部份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。 CHINA WANTIAN HOLDINGS LIMITED 中 國 萬 天 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （ 股 份 代 號 ： 1854） 內幕消息 盈利警告 本公告乃由中國萬天控股有限公司（「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 (2)(a)條及香港 法例第571章證券及期貨條例第XIVA部的內幕消息條文（定義見上市規則）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者， 基於初步審閱本集團截至二零二五年六月三十日止六個月之未經審核綜合管理賬 目（「管理賬目」）及目前可得資料，本集團預期於截至二零二五年六月三十日止六 個月錄得綜合淨虧損約不多於50,000,000港元，而截至二零二四年六月三十日止 六個月（「上一期間」）則為綜 ...

Core Viewpoint - China Wantian Holdings (01854.HK) is set to hold a board meeting on August 28, 2025, to consider and approve the unaudited interim results for the six months ending June 30, 2025, as well as to discuss the potential distribution of an interim dividend, if any [1] Related Events - The board meeting for China Wantian Holdings (01854.HK) is scheduled for August 28 to approve interim results [1] - Liao Ziqing has resigned as an executive director of China Wantian Holdings [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，並明確表示，概不對因本公告全部或任 何部份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。 CHINA WANTIAN HOLDINGS LIMITED 中 國 萬 天 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （ 股 份 代 號 ： 1854） 中國萬天控股有限公司 主席兼執行董事 許國偉 香港，二零二五年八月十四日 於本公告日期，董事會包括執行董事許國偉博士及鍾學勇先生；及獨立非執行董 事雷彩姚女士、蕭鎮邦先生及林至頴先生。 董事會會議通告 中國萬天控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈於二零 二五年八月二十八日（星期四）舉行董事會會議，藉以（其中包括）考慮及通過本公 司及其附屬公司截至二零二五年六月三十日止六個月的未經審核中期業績，以及 考慮派發中期股息（如有）。 承董事會命 ...

致：香港交易及結算所有限公司 公司名稱: 中國萬天控股有限公司 呈交日期: 2025年8月1日 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 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) | 01854 | 說明 | | | | | | | | | | | 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 | 本月底法定/ ...

Economic Performance - In 2024, China's GDP reached RMB 134.9 trillion, growing by 5.0% compared to the previous year[7]. - The national restaurant revenue was RMB 5.57 trillion, exceeding the growth rate of total retail sales of consumer goods by 1.8 percentage points, accounting for 11.4% of total retail sales[13]. - The restaurant sector is evolving into a multi-format integration model, enhancing consumer experience and driving economic growth[8]. Company Strategy and Expansion - The company is actively expanding its food supply chain internationally, aiming to reach Southeast Asia and the Middle East through partnerships with well-known enterprises[10]. - The company focuses on three main business sectors: food supply, restaurant services, and environmental technology, aligning with national strategies for green development[14]. - The company aims to become a leading provider of quality living services in the Greater Bay Area, emphasizing green economic development[7]. - The company plans to expand its sky farm initiatives across the Greater Bay Area and overseas, enhancing its environmental technology revenue contribution[17]. Financial Performance - The group's revenue for the year was approximately HKD 788.6 million, with the food supply business contributing about HKD 750.4 million, accounting for approximately 95.2% of total revenue[22]. - Revenue from the Greater Bay Area market (excluding Hong Kong) was approximately HKD 610.5 million, representing about 81.4% of the food supply business segment's revenue[22]. - The restaurant service business generated revenue of approximately HKD 37.4 million, accounting for about 4.7% of total revenue, with a 207.5% increase compared to the previous period[23]. - The gross profit for the year was approximately HKD 51.9 million, with a gross margin of about 6.6%, a decrease from the previous period's gross margin of 14.9%[24]. - The net loss for the year was approximately HKD 42.0 million, compared to a loss of approximately HKD 45.6 million for the period ending December 31, 2023[34]. Investment and Financing - The company has received financial investment from a well-known family office in Hong Kong, indicating market recognition of its development strategy[10]. - The net proceeds from the rights issue amounted to approximately HKD 102.31 million, with 30% allocated for the establishment of a live cattle farm project, which has since been deemed not the best timing for expansion due to global economic uncertainties[35]. - The group’s bank borrowings as of December 31, 2024, were approximately HKD 7.2 million, down from approximately HKD 10.8 million as of December 31, 2023[43]. Operational Challenges - Rising procurement costs for ingredients may adversely affect business operations if the group cannot acquire necessary quantities at reasonable prices[65]. - The group plans to implement effective procurement and inventory management measures to mitigate risks associated with ingredient price fluctuations[65]. - The group recognized an expected credit loss provision of approximately HKD 7.2 million for trade receivables, up from HKD 2.1 million in the previous year, indicating increased credit risk management efforts[61]. Corporate Governance - The company has appointed independent non-executive directors to enhance governance and strategic oversight[78]. - The board consists of three executive directors and three independent non-executive directors, meeting the minimum requirements of the listing rules[183]. - The company is committed to maintaining high standards of corporate governance, which is essential for gaining and maintaining stakeholder trust[177]. - All independent non-executive directors have confirmed their independence according to the listing rules, and the company believes they are independent[165]. Environmental and Social Responsibility - The company is committed to sustainable development and contributing to ecological civilization, in line with national policies[13]. - The company has implemented various green initiatives, including energy-saving plans and waste management, to mitigate environmental impact[168]. - Charitable donations made by the group during the year amounted to approximately HKD 44,000, with prior nine-month donations totaling around HKD 302,000[92]. Future Outlook - The company aims to leverage the supportive fiscal policies to enhance domestic demand and promote consumption, presenting new opportunities for growth[18]. - The group is expected to face major risks and uncertainties, which are detailed in the management discussion and analysis section of the annual report[88].