格隆汇8月28日丨向中国际(01871.HK)公布中期业绩，2025年上半年，公司收益为人民币1706.1万元， 同比减少5.98%；公司拥有人应占期间亏损为人民币478.9万元，上年同期亏损为人民币234.8万元，基 本每股亏损为人民币1.10分。 收益整体减少是由于截至2025年6月30日止六个月学员的实际培训时数有所减少，其抵销参加公司驾驶 课程的学员人数整体增加及大型车辆及小型车辆驾驶课程每小时平均课程费用因截至2025年6月30日止 六个月确认为收益的标准课程(提供较少或不提供培训时数)的每小时平均课程费用增加而整体增加的正 面影响。提供大型车辆驾驶培训服务继续为我们的主要收益来源，占总收益的约69.6%。大型车辆高级 课程所产生的收益占总收益约8.9%及大型车辆标准课程所产生的收益占总收益约59.6%。 ...

（原标题：向中国际(01871)发布中期业绩，股东应占亏损478.9万元 同比增加103.96%） 智通财经APP讯，向中国际(01871)发布截至2025年6月30日止6个月中期业绩，该集团取得收益1706.1万 元，同比减少5.98%;公司拥有人应占亏损478.9万元，同比增加103.96%;每股亏损1.01分。 我们驾驶课程的报名学员人数显著增加约31.4%，但总收益却取得整体减少约6.0%。截至2025年6月30 日止6个月，参加驾驶课程的学员总数为7188人(截至2024年6月30日止6个月：5469人)，大幅增加约 31.4%。 ...

向中国际(01871)发布截至2025年6月30日止6个月中期业绩，该集团取得收益1706.1万元，同比减少 5.98%;公司拥有人应占亏损478.9万元，同比增加103.96%;每股亏损1.01分。 我们驾驶课程的报名学员人数显著增加约31.4%，但总收益却取得整体减少约6.0%。截至2025年6月30 日止6个月，参加驾驶课程的学员总数为7188人(截至2024年6月30日止6个月：5469人)，大幅增加约 31.4%。 ...

China Oriented International Holdings Limited 向中國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1871） 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倚賴該等內容 而引致的任何損失承擔任何責任。 截至2025年6月30日止六個月之中期業績公告 業績 董事會欣然公佈本集團截至2025年6月30日止六個月之未經審核綜合中期業績，連同截至2024年6月 30日止六個月之比較數字。專有詞彙及若干技術詞彙具有本公告「釋義及技術詞彙」一段所界定的涵 義。「我們」一詞指本公司，倘文義另有所指，則指本集團。 1 簡明綜合損益及其他全面開支表 | | | 截至以下日期止六個月 | | | --- | --- | --- | --- | | | | 2025年 | 2024年 | | | | 6月30日 | 6月30日 | | | | 人民幣千元 | 人民幣千元 | | | 附註 | （未經審核） | （未經審核） | | 收益 | 4 | 17, ...

格隆汇8月20日丨向中国际(01871.HK)发布公告，公司董事会会议将于2025年8月28日举行，以(其中包 括)审议及批准(倘认为合适)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以供刊发；决定 是否宣派、建议或派付任何中期股息（如有）；及处理其他业务。 ...

董事會會議日期 向中國際控股有限公司 (「本公司」)董 事 (「董事」及各為「董事」)會 (「 董 事會」 )謹此宣佈董事會會議將於 202 5年 8月 2 8日（星期 四 ） 舉行，以 (其 中 包 括 )審議及批准 (倘認為合適 )本公司及其附屬公司截至 202 5年 6月 3 0日 止 六個月 的 中期業 績 以 供 刊 發；決 定 是 否 宣 派、建 議 或 派 付 任 何 中 期 股 息（ 如 有）；及處理其他業務。 承董事會命 向中國際控股有限公司 主席兼執行董事 亓向中 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倚賴該等內容而引致的任何損失承擔 任何責任。 China Oriented International Holdings Limited 向中國際控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1871) 香港， 二 零 二 五 年 八 月 二 十 日 於本 ...

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: 向中國際控股有限公司 呈交日期: 2025年8月4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) | 01871 | 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/註冊股本總額： HKD 100,000,000 F ...

Financial Performance - Total revenue for the year ended December 31, 2024, was approximately RMB 32.3 million, a decrease of about 19.0% from RMB 39.9 million in 2023[42]. - The overall decrease in revenue was attributed to a decline in both the number of trainees and actual training hours[42]. - Gross profit decreased by RMB4.6 million (approximately 54.1%) from RMB8.6 million for the year ended December 31, 2023 to RMB3.9 million for the year ended December 31, 2024, with a gross profit margin decline of 9.3 percentage points from 21.5% to 12.2%[46][48]. - The net loss attributable to the owners of the Company remained stable at approximately RMB8.4 million for both years ended December 31, 2023 and 2024, with net loss margins of 21.2% and 25.9%, respectively[47]. - Revenue from driving training services for Large Vehicles decreased by approximately RMB7.3 million (approximately 24.6%) from RMB29.6 million to RMB22.3 million, primarily due to a decrease in the number of trainees and training hours[50][51]. - The total number of course enrollments decreased by 7.0% from 9,304 in 2023 to 8,646 in 2024[36]. - The number of trainees attending driving courses slightly decreased by approximately 3.5%, from 10,832 in 2023 to 10,450 in 2024[42]. - Revenue from large vehicle training services accounted for approximately 69.1% of total revenue in 2024, down from 74.2% in 2023[42]. Enrollment Trends - The total number of course enrollments decreased by 7.0% from 9,304 in 2023 to 8,646 in 2024[36]. - The number of course enrollments for Large Vehicles dropped significantly by 18.7% from 4,035 in 2023 to 3,279 in 2024, impacting overall revenue[36]. - The overall number of course enrollments for standard courses increased by approximately 130.0% from 3,046 in 2023 to 7,006 in 2024 due to new course designs[37]. - The total number of course enrollments for Shun Da School decreased by approximately 38.2% to 846 in 2024 from 1,368 in 2023[36]. - Tong Tai School's course enrollments slightly decreased by approximately 1.7% from 7,936 in 2023 to 7,800 in 2024[36]. Strategic Initiatives - The company plans to adopt effective methods to stabilize economic income and ensure reasonable market operation amidst competitive pressures[16]. - The company aims to increase capital investment and upgrade teaching facilities, including acquiring new energy vehicles and unique teaching simulators to enhance service quality[18]. - To adapt to market changes, the company plans to cultivate an online sales and marketing team leveraging platforms like TikTok to promote enrollment policies[17]. - The company plans to actively expand its market through potential acquisitions and partnerships in Gansu and Xinjiang provinces[22]. - The company intends to acquire land and construct training fields to enhance its operational capabilities[24]. Competition and Market Conditions - Regulatory changes since Q3 2021 have intensified competition, with an increase in the number of driving schools, leading to a dispersion of course enrollments across provinces[10]. - The company anticipates intensified competition in 2025 due to the survival of numerous non-traditional driving schools and the emergence of internet-based training models[15]. - The driving training industry needs to adjust training curricula to accommodate the characteristics of new energy vehicles, necessitating diversified training courses[15]. - The company will focus on strengthening internal control management and exploring new sources of course enrollments as core tasks for 2025[16]. - The overall strategy for 2025 includes enhancing teaching quality through new technologies to boost competitiveness in a diversified landscape[18]. Cost Management - Cost of services rendered decreased by approximately RMB3.0 million (approximately 9.4%) from RMB31.3 million to RMB28.4 million, mainly due to reduced employee benefit expenses and other costs[55][57]. - Employee benefit expenses decreased by approximately RMB2.4 million, or approximately 22.4%, from approximately RMB10.5 million for the year ended December 31, 2023 to approximately RMB8.2 million for the year ended December 31, 2024[58]. - Fuel expenses decreased by approximately RMB2.5 million, or approximately 34.3%, from approximately RMB7.4 million for the year ended December 31, 2023 to approximately RMB4.9 million for the year ended December 31, 2024[58]. Governance and Compliance - The Company has complied with all code provisions set out in the Corporate Governance Code for the year ended December 31, 2024[109]. - The Board of Directors held four meetings during the year ended December 31, 2024, in compliance with the Corporate Governance Code[117]. - The Company received written confirmations of independence from all independent non-executive directors, affirming their compliance with independence guidelines[124]. - The Board is responsible for strategic decisions and financial performance, meeting at least four times a year to oversee the company's affairs[137][138]. - The Audit Committee reviewed the audited consolidated financial statements for the financial year ended December 31, 2024, including accounting principles and policies, and recommended them for approval at the AGM[157]. Human Resources - The total employee benefit expenses for the year ended December 31, 2024, were approximately RMB 10.7 million, down from approximately RMB 13.3 million for the year ended December 31, 2023[97][98]. - The Group had 158 employees as of December 31, 2024, representing a decrease from 210 employees as of December 31, 2023[95][98]. - The Group's employee composition includes 6 Directors (3.7%), 77 driving instructors (48.7%), and 21 in sales and marketing (13.3%) as of December 31, 2024[100]. Risk Management - The company engaged an external consultant to enhance the effectiveness of its risk management and internal control systems[151]. - The Audit Committee engaged an external consultant to review the financial controls, internal control, and risk management systems of the Company[160].

Financial Performance - For the year ended December 31, 2024, the company's revenue was RMB 32,297,000, a decrease of 19.1% compared to RMB 39,884,000 in 2023[4] - The cost of services provided was RMB 28,367,000, resulting in a gross profit of RMB 3,930,000, down 54.5% from RMB 8,560,000 in the previous year[4] - The company reported a loss before tax of RMB 13,695,000, compared to a loss of RMB 9,756,000 in 2023, indicating a deterioration in financial performance[4] - The net loss attributable to the owners of the company was RMB 8,360,000, slightly improved from RMB 8,443,000 in the previous year[4] - Basic and diluted loss per share was RMB 1.94, compared to RMB 2.05 in 2023, reflecting a minor improvement in per-share loss[4] Assets and Liabilities - Non-current assets increased to RMB 143,785,000 from RMB 128,591,000 in 2023, primarily due to investments in property, plant, and equipment[5] - Current assets decreased to RMB 122,541,000 from RMB 159,761,000, with cash and bank balances dropping to RMB 120,913,000 from RMB 152,359,000[5] - Total equity attributable to owners of the company was RMB 186,818,000, down from RMB 189,569,000 in 2023, indicating a slight decline in shareholder equity[5] - The total liabilities for the company as of December 31, 2024, were RMB 15,647,000, compared to RMB 15,374,000 in 2023, showing a slight increase of 1.8%[28] - The total interest-bearing borrowings amounted to approximately RMB 45.2 million, a decrease from RMB 54.2 million as of December 31, 2023[75] Revenue Breakdown - Revenue from driving training services for 2024 was RMB 32,297,000, a decrease of 19.1% from RMB 39,884,000 in 2023[13] - Standard course revenue increased significantly to RMB 20,300,000 in 2024 from RMB 2,824,000 in 2023, while advanced course revenue decreased to RMB 11,059,000 from RMB 36,659,000[13] - Revenue from large vehicle driving training services accounted for approximately 69.1% of total revenue for the year ended December 31, 2024[39] - Revenue from large vehicle driving training services decreased by RMB 7.3 million (approximately 24.6%) to RMB 22.3 million, primarily due to a reduction in the number of students and training hours[55] - Revenue from small vehicle driving training services slightly decreased by RMB 0.3 million (approximately 3.1%) to RMB 10.0 million, despite an increase in the number of students from 6,490 to 6,691[56] Enrollment and Training - Total course enrollment decreased by 7.0% to 8,646 students for the year ended December 31, 2024, compared to 9,304 students in 2023[39] - The number of students enrolled in large vehicle courses dropped significantly by 18.7% to 3,279 students, while small vehicle course enrollment increased slightly by 1.9% to 5,367 students[39] - The total number of course enrollments for large and small vehicle standard courses increased by approximately 130.0% from 3,046 to 7,006 for the year ending December 31, 2024, due to redesigned courses with lower fees and fewer training hours[40] - The number of course registrations at Shunda Driving School decreased by 38.2% to 846 students, primarily due to a transfer of registrations to Tongtai Driving School[39] - The number of enrollments in standard courses for large vehicles rose to 3,271 (37.8%) in 2024 from 977 (10.5%) in 2023, while advanced course enrollments fell significantly from 3,058 (32.9%) to 8 (0.1%) in the same period[41] Expenses and Cost Management - Total financial expenses decreased to RMB 3,279,000 in 2024 from RMB 4,230,000 in 2023, primarily due to lower interest on bank loans[18] - Employee benefit expenses decreased from RMB 10.5 million to RMB 8.2 million, a decline of about 22.4%[58] - Fuel expenses decreased from RMB 7.4 million to RMB 4.9 million, a reduction of approximately 34.3%[58] - Total cost of services provided decreased from RMB 31.3 million to RMB 28.4 million, a reduction of approximately 9.4%[57] Strategic Initiatives - The company has made prepayments for the acquisition of a subsidiary amounting to RMB 3,900,000, indicating ongoing expansion efforts[5] - The company plans to enhance its marketing team and utilize social media platforms to promote enrollment policies and educational advantages to increase student numbers[47] - Investment in teaching facilities will be increased, including the purchase of unique simulators and plans to acquire new energy training vehicles to reduce training costs and improve service quality[48] - The company aims to adapt to the competitive landscape by embracing new technologies and enhancing teaching quality to maintain market share and profitability[46] - The company plans to actively seek suitable land for building training facilities and will consider other uses of financial resources to improve business performance[51] Shareholder Information - The company did not declare any dividends for the year ended December 31, 2024, consistent with 2023[22] - The board does not recommend any dividend payment for the year ending December 31, 2024, consistent with the previous year[85] - The company completed a rights issue on March 20, 2024, raising approximately HKD 40 million, with net proceeds of about HKD 6.062 million[34] - The net proceeds from the rights issue amount to approximately HKD 6.1 million, which will be used to repay part of the group's outstanding bank loans[84] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the consolidated financial statements for the year ending December 31, 2024, and found them compliant with applicable accounting standards[89] - The independent auditor confirmed that the figures in the consolidated financial statements for the year ending December 31, 2024, matched those reported in the audited financial statements[90] - The board of directors includes two executive directors, Qi Xiangzhong and Zhao Yuxia, one non-executive director, Dr. Yang Zhuoguang, and three independent non-executive directors, Mr. Chen Xiaohua, Mr. Wen Xinhui, and Mr. Xu Jianpo[97]

Course Enrollments and Demand - The total number of course enrollments decreased by 12.4% from 5,404 for the six months ended June 30, 2023, to 4,736 for the six months ended June 30, 2024[14]. - Shun Da School's course enrollments amounted to 511, representing a significant decrease of approximately 40.8% compared to 863 in the same period last year[14]. - Tong Tai School's course enrollments totaled 4,225, reflecting a slight decrease of approximately 7.0% from 4,541 in the previous year[14]. - The demand for driving courses for Large Vehicles, which accounted for approximately 75.0% of total revenue, significantly declined due to adverse market conditions in the logistics industry[14]. - The overall number of course enrollments for standard courses increased by approximately 184.7% from 1,128 to 3,211 due to newly designed driving courses with lower fees[15]. - The decline in course enrollments was attributed to increased competition from existing Small Vehicles driving schools entering the Large Vehicles training sector[12]. - The overall negative growth in trainees was primarily due to a decrease in actual training hours provided during the six months ended June 30, 2024[12]. - The restructuring of training locations contributed to the significant decrease in Shun Da School's enrollments[14]. - The company faced intensified competition in the driving training services market due to ongoing US-China trade tensions[12]. - The overall deterioration in business performance was linked to a decrease in demand for driving courses, particularly for Large Vehicles[12]. Financial Performance - The total revenue for the Group amounted to approximately RMB 18.1 million, representing a decrease of 22.5% from approximately RMB 23.4 million for the six months ended June 30, 2023[18]. - The number of trainees attending driving courses decreased by approximately 12.0% to 5,469 for the six months ended June 30, 2024, down from 6,213 in the same period in 2023[19]. - Revenue from large vehicle driving training services accounted for approximately 75.0% of total revenue, down from 80.2% for the same period in 2023[18]. - Revenue generated from premium courses of large vehicles contributed approximately 20.0% of total revenue, a significant decrease from 79.2% in the same period in 2023[19]. - The overall decrease in revenue was attributed to a reduction in both the number of trainees and the actual training hours[19]. - The company recorded a loss before income tax of approximately RMB 5.3 million for the six months ended 30 June 2024, compared to a loss of approximately RMB 2.7 million for the same period in 2023[25]. - Gross profit decreased by approximately RMB 2.9 million (or 45.9%) from RMB 6.3 million for the six months ended June 30, 2023, to RMB 3.4 million for the six months ended June 30, 2024, with a gross profit margin decline of 8.2 percentage points from 27.1% to 18.9%[25]. - The net loss attributable to the owners of the Company reduced from approximately RMB 3.3 million for the six months ended June 30, 2023, to approximately RMB 2.3 million for the six months ended June 30, 2024, resulting in a net loss margin of 12.9%[25]. Operational Adjustments and Strategies - The company plans to enhance its service offerings and invest in unique teaching simulators to reduce training costs and maintain gross margins amid price competition[24]. - The company is exploring potential acquisitions and partnerships to expand course enrollments, including a cooperation agreement with a technical secondary school in Gansu Province[24]. - The company aims to stabilize economic income by increasing course enrollments through various methods and measures[21]. - The company emphasizes the importance of timely responses to market changes and strategic decisions to optimize training and examination services[24]. Employee and Cost Management - Employee benefit expenses decreased by approximately RMB 1.7 million, or approximately 27.8%, from RMB 6.1 million for the six months ended June 30, 2023, to RMB 4.4 million for the six months ended June 30, 2024[33]. - Cost of services rendered decreased by approximately RMB 2.4 million (or 13.8%) from RMB 17.1 million to RMB 14.7 million, mainly due to reduced employee benefit expenses and other costs[30]. - Selling and marketing expenses decreased by approximately RMB 0.1 million, or approximately 7.8%, from RMB 1.0 million for the six months ended June 30, 2023, to RMB 0.9 million for the six months ended June 30, 2024[41]. - Administrative expenses decreased by approximately RMB 0.3 million, or approximately 4.3%, from RMB 6.7 million for the six months ended June 30, 2023, to RMB 6.4 million for the six months ended June 30, 2024[42]. Share Capital and Financing - The Company raised approximately HK$7.2 million from a Rights Issue, with net proceeds after expenses amounting to approximately HK$6.1 million[53]. - The issued share capital of the Company after the Rights Issue comprises 435,958,192 Shares of HK$0.01 each[54]. - The Company intends to apply the net proceeds from the Rights Issue for the partial repayment of outstanding bank borrowings[53]. - The Group's bank balances and cash decreased from approximately RMB 152.4 million as at 31 December 2023 to approximately RMB 150.6 million as at 30 June 2024, with a current ratio of 2.34 as of 30 June 2024[52]. Market and Competitive Landscape - The driving training services market has seen a continuous increase in the number of driving schools since the regulatory changes in the third quarter of 2021, intensifying competition[22]. - The company faced challenges in course enrollments due to increased competition from new driving schools and price reduction strategies adopted by some competitors, leading to a decrease in overall economic benefits in the driving training industry[21]. Future Plans and Investments - The Company plans to acquire a parcel of land and construct training fields to increase training capacity, with expected completion by the end of December 2024[66]. - The Company intends to recruit and train 40 new driving instructors, with an allocated budget of HK$10.4 million, of which HK$7.5 million has been utilized[63]. - The Company has not anticipated any changes to the intended use of net proceeds as previously disclosed in the Prospectus[64].