格隆汇8月15日丨益美国际控股(01870.HK)公布，将于2025年8月28日（星期四）举行董事会会议，藉以 （其中包括）考虑及批准本公司及其附属公司截至2025年6月30日止六个月的中期业绩及其发布，并考 虑建议派付中期股息（如有）。 ...

格隆汇8月15日丨益美国际控股(01870.HK)公告，将于2025年8月28日(星期四)举行董事会会议，藉以(其 中包括)考虑及批准公司及其附属公司截至2025年6月30日止6个月中期业绩及其发布，并考虑建议派付 中期股息(如有)。 ...

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。 Acme International Holdings Limited 承董事會命 益美國際控股有限公司 主席兼執行董事 關錦添 益 美 國 際 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1870） 董事會會議通告 益美國際控股有限公司（「本公司」）董事會（「董事會」）謹此公布，將於2025年8月 28日（星期四）舉行董事會會議，藉以（其中包括）考慮及批准本公司及其附屬公司 截至2025年6月30日止六個月之中期業績及其發佈，並考慮建議派付中期股息（如 有）。 於本公告日期，董事會由六名成員組成，其中關錦添先生、葉永聖先生及張廣迎先 生為本公司執行董事；以及劉智鵬議員， 銅紫荊星章，太平紳士 、錢偉強先生及巫麗蘭 教授為本公司獨立非執行董事。 香港，2025年8月15日 ...

益美国际控股(01870)发布公告，预期本集团于截至2025年6月30日止6个月将取得未经审核综合亏损不 多于约2600万港元，而2024年同期则取得未经审核综合溢利约450万港元。 2.山东电力交易服务业务取得亏损 本集团在中国山东省开展的电力交易业务于中期期间取得亏损，主要源于山东电力中长期批发价格异常 波动，本集团于该省购电成本上升。鉴于山东售电市场竞争激烈及行业内普遍面临盈利压力，本集团山 东省电力交易业务于2025年上半年的亏损情况属大市场调整及结构优化过程。然而，随着《国家发展改 革委国家能源局关于深化新能源上网电价市场化改革促进新能源高品质发展的通知》(136号文)实施， 新能源电厂逐步入市，集团在该区域购电成本有望下降，预计集团该业务分部的业绩将于下半年有望改 善。 本集团预期亏损主要由于以下因素共同导致： 1.永久吊船业务下滑 本集团永久吊船业务的销售量及盈利能力均出现下降，主要归因于2025年上半年香港建筑业持续低迷。 多个建筑项目延期至2025年下半年，加上行业活动萎缩，新项目数量减少，对本集团利润率造成进一步 压力。因此，本集团永久吊船业务表现受到不利影响，反映该行业当前面临的艰难市场 ...

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。 本公告由益美國際控股有限公司（「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)條及香港法例 第571章《證券及期貨條例》第XIVA部項下之內幕消息條文（定義見上市規則）作出。 本公司董事會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資者，根據對 本集團最新截至2025年6月30日止6個月（「中期期間」）未經審核綜合管理賬目（「管 理賬目」）之初步評估及管理層目前可得的其他資料，預期本集團於中期期間將錄 得未經審核綜合虧損不多於港幣約26百萬元，而二零二四年同期則錄得未經審核 綜合溢利約港幣4.5百萬元。 本集團預期虧損主要由於以下因素共同導致： 1. 永久吊船業務下滑 本集團永久吊船業務之銷售量及盈利能力均出現下降，主要歸因於2025年上 半年香港建築業持續低迷。多個建築項目延期至2025年下半年，加上行業活 動萎縮，新項目數量減 ...

公司名稱: 益美國際控股有限公司 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 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01870 | 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 (-) | | | | | | | 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 40,000,000 FF301 致：香港交易及結算所有限公司 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 ...

Financial Performance - Revenue for the year ended December 31, 2024, was HK$200.634 million, an increase from HK$192.402 million in 2023, representing a growth of approximately 4.3%[11] - Gross profit decreased to HK$48.092 million in 2024 from HK$52.788 million in 2023, resulting in a gross profit margin of 24.0%, down from 27.4%[11] - The Group's net profit decreased to approximately HK$4.3 million, a decline of about 76.9% from HK$18.6 million in 2023, despite a slight revenue increase to approximately HK$200.6 million[34] - The profit margin for the BMU System Business significantly decreased due to challenging market conditions, with segment profit dropping from approximately HK$38.0 million in 2023 to HK$14.7 million[35] - Revenue for the Group increased by 4.3% compared to the previous year, primarily driven by the development of the Green Power Energy Business and the acquisition of Future Energy[40] - The gross profit decreased from approximately HK$52.8 million in 2023 to approximately HK$48.1 million in 2024, with the gross profit margin declining from 27.4% to 24.0%[44] - The net profit for the year significantly decreased from approximately HK$18.6 million in 2023 to approximately HK$4.3 million in 2024, reflecting a decline of about 77%[57] Business Segments - The Green Power Energy Business segment generated approximately HK$42.3 million in revenue and HK$3 million in profit, reflecting a significant increase of approximately 195 times compared to the previous year[14] - The AI + Electricity Trading Business generated approximately HK$19.1 million in revenue in 2024, supported by the acquisition of two electricity sales licenses in Guangdong and Shandong[15] - The Green Power Energy Business turned losses into profits, with revenue increasing from approximately HK$0.2 million in 2023 to approximately HK$42.3 million, and segment profit improving from a loss of approximately HK$3.9 million to a profit of approximately HK$3.0 million[36] Acquisitions and Expansion - Future Energy Auckland Limited contributed more than HK$22.7 million in revenue to the Group after its acquisition in July 2024, with rapid workforce expansion from over 20 to approximately 50 employees[21] - The acquisition of Future Energy Auckland Limited contributed over HK$22.7 million in revenue in the second half of 2024, demonstrating effective integration and rapid growth, with employee numbers increasing from over 20 to approximately 50[24] - The Group plans to expand Future Energy's service network to major cities in New Zealand, including Queenstown, Christchurch, and Wellington, while establishing operations in additional regions[21] - Future Energy plans to expand its service network to major cities in New Zealand, including Queenstown, Christchurch, and Wellington, while establishing operational bases in various regions[24] Financial Management and Strategy - The Group's total borrowings rose to approximately HK$79.7 million as of 31 December 2024, compared to HK$59.7 million in 2023, marking an increase of about 33.5%[61] - The net debt-to-equity ratio increased to approximately 20% as of 31 December 2024, up from 15% in 2023, due to increased borrowings for business development[66] - The Group's monetary assets, including cash and cash equivalents, increased to approximately HK$67.9 million as of 31 December 2024, compared to approximately HK$62.0 million as of 31 December 2023[58] - The income tax expenses decreased from HK$5.7 million in 2023 to HK$3.0 million in 2024, mainly due to a decline in profit before tax from the BMU Systems Business[52] - The finance costs increased to approximately HK$3.5 million in 2024 from approximately HK$2.8 million in 2023, primarily due to an increase in borrowings[51] - The Group's management has adopted a prudent financial management strategy to maintain a healthy liquidity position throughout the year[70] Corporate Governance - The Group is committed to high standards of corporate governance, having adopted the Corporate Governance Code as its own[150] - The Company complied with all applicable code provisions set out in the Corporate Governance Code throughout the year[151] - The Board has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee specific affairs[160] - The Company has complied with the Listing Rules regarding the appointment of INEDs, ensuring at least one INED has appropriate professional qualifications[162] - The Board diversity policy considers various perspectives, including gender, age, and professional qualifications, to enhance performance[170] Management and Directors - Mr. Yip, appointed as an executive Director, has over 20 years of experience in corporate consulting, risk investment, and private equity investment[104] - Mr. Zhang Guangying was appointed as an executive director on January 18, 2024, bringing over 30 years of experience in the international banking industry[109] - Mr. Zhang served as the deputy chief executive of Nanyang Commercial Bank from November 2017 to May 2023, and held key positions in China Construction Bank[110] - Prof. Lau Chi Pang has been an independent non-executive director since October 18, 2019, providing independent advice to the board[112] - The Company has established a service contract with Mr. Kwan for a term of three years, effective from the listing date, with no director's fee payable but reimbursement for reasonable expenses incurred[100] Workforce and Diversity - The Group's workforce includes 21% female employees as of December 31, 2024, reflecting the Company's commitment to gender diversity[176] - The Company will continue to promote gender diversity in its workforce and review recruitment policies regularly[176] - As of December 31, 2024, the percentage of female employees in the group is 21%[180] Risks and Challenges - The Group's financial performance is significantly affected by weather conditions and regulatory developments in its Green Power Energy business, introducing volatility and uncertainty[97] - The Group's reliance on subcontractors for project completion may lead to operational challenges and financial impacts[97] - The Group's BMU business revenue relies on successful tenders for construction projects, which are non-recurring, posing a risk to future financial results if projects are not secured[91] - The company is subject to risks related to cost overruns due to deviations in estimated and actual project costs[97] - The Group's dependence on key management personnel with relevant expertise is critical for its operations[97]

Financial Performance - Revenue for the year ended December 31, 2024, was HKD 200,634,000, representing an increase of 4.3% from HKD 192,402,000 in 2023[3] - Gross profit decreased to HKD 48,092,000, with a gross margin of 24.0%, down from HKD 52,788,000 and a gross margin of 27.4% in the previous year[3] - Net profit for the year was HKD 4,275,000, a significant decline of 77% compared to HKD 18,631,000 in 2023[3] - Operating profit fell to HKD 10,797,000, down from HKD 27,137,000, indicating a decrease of 60% year-over-year[3] - The construction revenue decreased to HKD 145,523,000 in 2024 from HKD 179,145,000 in 2023, while revenue from renewable energy solutions was HKD 22,728,000, newly introduced in 2024[21] - The group reported a basic earnings per share of 0.71 HKD for the year ending December 31, 2024, down from 3.21 HKD in 2023, representing a decrease of approximately 77.9%[33] - The group reported a net profit of HKD 4,275,000 for the year, down from HKD 18,631,000 in 2023, reflecting a significant decline in profitability[23] - The group's net profit for the year dropped from approximately HKD 18.6 million to about HKD 4.3 million, primarily due to a significant decline in profit margins from the permanent mooring business and increased administrative expenses[65] Assets and Liabilities - Total assets increased to HKD 251,171,000 from HKD 205,916,000, reflecting a growth of 21.9%[5] - Current assets rose to HKD 209,024,000, compared to HKD 202,427,000 in 2023, showing a slight increase of 3.9%[5] - Total liabilities increased to HKD 139,898,000 from HKD 100,154,000, marking a rise of 39.5%[6] - Total liabilities increased to HKD 139,898,000 in 2024 from HKD 100,154,000 in 2023, indicating a rise in financial obligations[24] - Trade receivables decreased to 18,371,000 HKD in 2024 from 34,705,000 HKD in 2023, a decline of 47.1%[39] - Contract assets increased to 87,124,000 HKD in 2024 from 83,394,000 HKD in 2023, reflecting a growth of 4.1%[43] - The total borrowings of the group increased from approximately HKD 59.7 million to about HKD 79.7 million, with interest rates ranging from 3.00% to 5.58%[67] - The net debt-to-equity ratio rose from 15% to approximately 20%, mainly due to increased borrowings for business development purposes[68] - As of December 31, 2024, the group had contingent liabilities of approximately HKD 30.62 million, an increase from HKD 15.33 million in the previous year[77] Expenses and Costs - The company’s administrative expenses rose to HKD 35,375,000 in 2024, compared to HKD 24,267,000 in 2023, reflecting increased operational costs[26] - The group's administrative expenses increased from approximately HKD 24.3 million to about HKD 35.4 million, a rise of approximately HKD 11.1 million, primarily due to increased employee costs and other expenses related to the development of green energy business[62] - The net financial costs rose from approximately HKD 2.8 million to about HKD 3.5 million, attributed to an increase in borrowings[63] - Income tax expenses decreased from HKD 5.7 million to HKD 3.0 million, mainly due to a reduction in pre-tax profits from the permanent mooring business[64] - The total income tax expense for the year was 3,037,000 HKD, a decrease of 47% from 5,735,000 HKD in 2023[30] Business Development and Strategy - The company plans to enhance its green energy business, which includes the development and sales of renewable energy generation and storage systems[19] - The company plans to expand its green power energy business in Southeast Asia, targeting a total installed capacity of 10-20 GW over the next five years[56] - The company established a technology subsidiary in Beijing focused on AI applications in the renewable energy sector, achieving significant results in a national AI power trading competition[53] - The company anticipates continued growth in the green power energy business due to increasing global demand for sustainable solutions[51] - The company is engaged in the design and construction solutions for permanent mooring systems and green energy development, indicating a focus on sustainable energy solutions[7] Acquisitions and Investments - The group completed the acquisition of 51.22% of Future Energy Auckland Limited for 2,100,000 NZD (approximately 10,053,000 HKD) on July 5, 2024[36] - The group reported a net identifiable asset value of 10,053,000 HKD from the acquisition of Future Energy after accounting for non-controlling interests[38] - The company acquired Future Energy in July 2024, which contributed over HKD 22.7 million in revenue in the second half of 2024, demonstrating effective integration benefits[54] Governance and Compliance - The company has adopted corporate governance practices to enhance accountability and protect shareholder interests[82] - The audit committee, composed of three independent non-executive directors, reviewed the audited financial results for the year[89] - The company’s auditor, PwC, confirmed that the financial figures in the preliminary announcement are consistent with the audited financial statements[90] - The annual report for the year will be sent to shareholders and published on the stock exchange and the company's website[91] Shareholder Information - The group did not declare a final dividend for the year, consistent with 2023[31] - The board does not recommend the payment of a final dividend for the year[87] - The annual general meeting is scheduled for June 17, 2025, with a suspension of share transfer registration from June 12 to June 17, 2025[86][88] - The company entered into a placement agreement on March 17, 2025, to issue up to 124,800,000 shares at a placement price of HKD 0.138 per share[80] - The company will hold a special general meeting to consider and approve the subscription agreement with Treasure Ship, involving the issuance of 220,000,000 shares at the same price of HKD 0.138 per share[80] Employment and Workforce - As of December 31, 2024, the group had 133 full-time employees, an increase from 66 employees on December 31, 2023[79]

Group 1: Market Overview - On March 5, the Hong Kong stock market experienced a significant rise, with the Hang Seng Index increasing by 2.84% and the Hang Seng Tech Index rising over 4% [1][5] - Notable individual stock performances included Hua Hong Semiconductor and Xiaomi Group, both rising over 7%, while SMIC and Meituan increased by over 6% [1][5] - Southbound capital saw a net inflow of 8.369 billion HKD throughout the day [5] Group 2: Yimei International Holdings - Yimei International Holdings, an investment holding company, focuses on providing one-stop design and construction solutions for permanent mooring projects, along with developing and selling renewable energy generation and storage systems [2] - For the first half of 2024, Yimei reported a revenue of 83.932 million HKD, a year-on-year increase of 10.91%, but a net profit of 4.624 million HKD, down 53.08% compared to the previous year [2] - The decline in gross and net profit was attributed to reduced profit margins in the permanent mooring business and increased expenses in developing green energy projects [2] Group 3: Green Energy Business Expansion - Yimei's green energy business generated approximately 6.4 million HKD in revenue during the first half of 2024, with successful progress in electricity sales in Guangdong and Shandong provinces [3] - The company obtained a market electricity sales license from the Hunan Power Trading Center in July 2024, aiming to expand its geographical coverage [3] - Yimei plans to continue expanding its electricity sales business into other provinces with mature electricity spot markets [3][4] Group 4: Financial Health - As of June 30, 2024, Yimei's debt-to-asset ratio rose to approximately 59.5%, up from 58.7% at the end of 2023, primarily due to an increase in total borrowings [3] Group 5: Analyst Insights - Analysts suggest that the Hong Kong stock market is transitioning from a "dividend bull" to an "AI bull," with technology companies potentially experiencing a revaluation as they shift from value stocks back to growth stocks [8] - Investment strategies recommend a focus on high elasticity and high dividend yield stocks, particularly in the AI and technology sectors, as well as the semiconductor industry [8][9]

Investment Rating - Investment rating for the company is not explicitly stated in the report, but it suggests investors to pay attention to the opportunities in the green energy business [1]. Core Insights - The company, Yimei International (1870.HK), has shifted focus from engineering to green energy, particularly in the domestic electricity market and overseas photovoltaic projects, with a keen interest in Southeast Asia [1]. - The green energy business is expected to grow rapidly and become a key driver of future performance [1]. - The company has made significant strides in the domestic electricity market, capitalizing on the ongoing market reforms, and has obtained sales licenses in several provinces [1]. - Yimei International has acquired a 51.22% stake in Future Energy Auckland Ltd, enhancing its presence in the renewable energy sector in New Zealand [1]. - The company is actively pursuing opportunities in Southeast Asia, particularly in the Philippines and Vietnam, where government policies support renewable energy growth [1]. Summary by Sections Company Overview - Yimei International was listed on the Hong Kong Stock Exchange in 2019 and has transitioned to focus on green energy business [1]. - The company’s green energy initiatives include domestic electricity sales and overseas renewable energy projects [1]. Financial Performance - In 2023, the company reported a net profit of 2,005 million HKD, with a net profit of 462 million HKD in the first half of 2024 [2]. - The revenue contribution from the green energy business is expected to increase significantly [1]. Market Opportunities - The domestic electricity market has seen a rise in market transactions, increasing from 39% in 2019 to 61.4% in 2023 [1]. - The company plans to expand its sales business in provinces with mature spot markets [1]. - Yimei International has signed memorandums of understanding for renewable energy projects in the Philippines and Vietnam, targeting significant solar and hydropower developments [1].