呈交日期: 2025年12月2日 I. 法定/註冊股本變動 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11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: 向中國際控股有限公司 | 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 ...

截至月份: 2025年10月31日 狀態: 新提交 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11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 ...

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: 向中國際控股有限公司 呈交日期: 2025年10月3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 ...

26 September 2025 China Oriented International Holdings Limited (the "Company") Notification of publication of the Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication (Note ) are available on the Company's website at www.china-oriented.com and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respectively (the "Website Version"). The Company strongly recommends you to access th ...

China Oriented International Holdings Limited 向中國際控股有限公司 (Incorporated in Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：1871） NOTIFICATION LETTER 通知信函 向中國際控股有限公司(「本公司」) 刊發中期報告（「本次公司通訊」） Dear Registered Shareholder, 26 September 2025 China Oriented International Holdings Limited (the "Company") Notification of publication of Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are now available on t ...

Course Enrollments - The total number of course enrollments increased by 31.6% from 4,736 for the six months ended June 30, 2024, to 6,232 for the six months ended June 30, 2025[15]. - Shun Da School's course enrollments rose to 608, a 19.0% increase from 511 in the same period last year, driven by higher demand for Small Vehicles training[15]. - Tong Tai School's course enrollments increased to 4,707, an 11.4% rise from 4,225, despite a slight decline of 2.4% in Large Vehicles training demand[15]. - The overall number of course enrollments for Large Vehicles and Small Vehicles grew by 13.1% from 1,696 to 1,918[15]. - The total number of course enrollments for Small Vehicles surged by 41.9% from 3,040 to 4,314[15]. - The total number of course enrollments for standard courses of Large Vehicles and Small Vehicles increased by approximately 92.2% from 3,211 for the six months ended 30 June 2024 to 6,173 for the six months ended 30 June 2025[17]. - The overall number of trainees who attended driving courses increased by approximately 31.4%, reaching 7,188 for the six months ended 30 June 2025, compared to 5,469 for the same period in 2024[24]. - The number of enrollments for Tong Tai School's standard courses was 1,655, representing 26.5% of total enrollments for the six months ended 30 June 2025[21]. - The number of enrollments for small vehicle standard courses increased significantly by approximately 41.9%, from 3,040 to 4,314 for the six months ended 30 June 2025[19]. - The acquisition of Kai Yuan School and Xin Cai School contributed to the increase in course enrollments and market share[17]. - The demand for large vehicle driving courses slightly decreased by 2.4%, from 1,696 to 1,655 for the six months ended 30 June 2025[19]. - The overall number of course enrollments for standard courses accounted for 99.1% of total enrollments, while premium courses accounted for only 0.9% for the six months ended 30 June 2025[23]. Financial Performance - Total revenue for the Group decreased by approximately 6.0%, amounting to approximately RMB 17.1 million for the six months ended 30 June 2025, down from approximately RMB 18.1 million for the same period in 2024[24]. - The revenue from Large Vehicles training accounted for approximately 69.6% of total revenue for the six months ended June 30, 2025[15]. - Revenue from Large Vehicles driving training services accounted for approximately 69.6% of total revenue, down from 75.0% in the same period of 2024[25]. - Revenue from premium courses of Large Vehicles contributed approximately 8.9% of total revenue, a significant decrease from 20.0% in the same period of 2024[25]. - The overall revenue for the six months ended June 30, 2025, was RMB 17,061,000, compared to RMB 18,147,000 for the same period in 2024[28]. - Total revenue decreased by approximately RMB1.1 million, or approximately 6.0%, from RMB18.1 million for the six months ended 30 June 2024 to RMB17.1 million for the six months ended 30 June 2025[37]. - Gross profit decreased by approximately RMB0.8 million, or approximately 22.8%, from RMB3.4 million for the six months ended 30 June 2024 to approximately RMB2.6 million for the six months ended 30 June 2025[37]. - Gross profit margin decreased by 3.4 percentage points from 18.9% for the six months ended 30 June 2024 to 15.5% for the six months ended 30 June 2025[37]. - Loss before tax increased by approximately RMB0.5 million, or approximately 10.1%, from approximately RMB5.3 million for the six months ended 30 June 2024 to approximately RMB5.8 million for the six months ended 30 June 2025[37]. - Net loss attributable to the owners of the Company increased from approximately RMB2.3 million for the six months ended 30 June 2024 to approximately RMB4.8 million for the six months ended 30 June 2025[37]. - The company faced intensified competition in the driving training services market due to lower entry barriers for existing small vehicle driving schools[18]. - Total revenue decreased due to a reduction in actual training hours for trainees, despite an increase in the number of trainees and average course fees per hour[25]. Acquisitions and Market Strategy - The company acquired Kai Yuan School and Xin Cai School, contributing 689 and 228 enrollments, respectively, for the six months ended June 30, 2025[15]. - The company adopted an operational strategy to acquire other driving schools to reduce competition and capture market share[14]. - The acquisitions of Kai Yuan School and Xin Cai School were completed in November 2024 and March 2025, respectively, and did not constitute a notifiable transaction under the Listing Rules[10]. - The company plans to seek multi-regional partnerships in higher-rate regions to enhance profitability and market consolidation in response to industry turbulence expected in 2025[35]. - The current industry landscape presents an opportunity for regional joint operations and business consolidation to stabilize market prices and grow course enrollments[34]. Operational Efficiency and Future Plans - The company plans to optimize internal operations to reduce costs and improve efficiency, including the expansion of intelligent teaching methods[34]. - The company aims to explore unmanned vehicles training programs to broaden its scope of education and training without incurring excessive additional costs[34]. - The company has faced challenges in acquiring suitable land due to insufficient commercial land supply during the COVID-19 pandemic from 2020 to 2024[102]. - The company will continue to actively seek suitable land parcels and may consider alternative uses for financial resources if necessary[102]. Shareholder Information and Corporate Governance - As of June 30, 2025, Mr. Qi Xiangzhong holds a 47.3% interest in the company through Alpha Leap, which owns 206,400,000 shares[109]. - Significant shareholders include Alpha Leap with 47.34% and Cosmic Hero with 9.08% of shares, indicating concentrated ownership[113]. - The Company has complied with all applicable code provisions set out in the Corporate Governance Code during the six months ended June 30, 2025[128]. - The Company is committed to maintaining high corporate governance standards to enhance transparency and accountability[124]. - All Directors confirmed compliance with the Model Code regarding securities transactions, with no incidents of non-compliance[130]. - The Company will continue to review and monitor its corporate governance practices to ensure compliance with the Corporate Governance Code[128]. Cash Flow and Financial Position - Cash generated from operations for the six months ended June 30, 2025, was RMB 7,735,000, compared to RMB 3,685,000 in 2024, reflecting a significant increase of approximately 109.2%[148]. - The company experienced a net cash outflow of RMB 4,066,000 from investing activities in the first half of 2025, compared to a net cash inflow of RMB 427,000 in 2024[148]. - New borrowings raised amounted to RMB 34,230,000 in the first half of 2025, an increase from RMB 20,730,000 in 2024, showing a growth of approximately 65%[150]. - The company reported a net cash used in financing activities of RMB 4,253,000 for the first half of 2025, compared to RMB 5,880,000 in 2024, indicating a decrease of about 27.6%[150]. - Cash and cash equivalents at the end of the period were RMB 120,329,000, down from RMB 150,591,000 at the end of June 2024, representing a decrease of approximately 20%[150]. - The current ratio of the Group improved to 1.69 as of 30 June 2025, compared to 1.63 as of 31 December 2024[69]. - The gearing ratio of the Group remained stable at approximately 0.26 times as of 30 June 2025[71]. - The total interest-bearing borrowings as of June 30, 2025, were approximately RMB 43.2 million, a decrease from RMB 45.2 million as of December 31, 2024[78]. Employee and Operational Costs - The total employee benefit expenses for the six months ended June 30, 2025, were approximately RMB 7.0 million, compared to RMB 7.3 million for the same period in 2024[87]. - Employee benefit expenses decreased by approximately RMB0.3 million, or approximately 7.9%, from approximately RMB4.4 million for the six months ended 30 June 2024 to approximately RMB4.0 million for the six months ended 30 June 2025[47]. - Fuel expenses decreased by approximately RMB0.9 million, or approximately 31.4%, from approximately RMB2.9 million for the six months ended 30 June 2024 to approximately RMB2.0 million for the six months ended 30 June 2025[47]. - Administrative expenses decreased by approximately RMB0.2 million, or approximately 3.0%, from approximately RMB6.4 million to approximately RMB6.2 million[57]. - Finance costs decreased by approximately RMB0.5 million, or approximately 25.1%, from approximately RMB1.8 million to approximately RMB1.4 million[58]. Assets and Liabilities - As of June 30, 2025, the Group's current assets were approximately RMB 121.6 million, with cash and bank balances of about RMB 120.3 million[74]. - The current liabilities of the Group were approximately RMB 72.1 million, resulting in a current ratio of 1.69, up from 1.63 as of December 31, 2024[74]. - The total value of right-of-use assets was RMB 52,367,000 as of June 30, 2025, compared to RMB 51,070,000 on December 31, 2024, showing a slight increase of 2.5%[198]. - The accumulated depreciation for property, plant, and equipment was RMB 78,523,000 as of June 30, 2025, up from RMB 71,565,000 at the end of 2024, indicating an increase of about 9.7%[198]. - Trade receivables increased to RMB 119,000 as of June 30, 2025, compared to RMB 67,000 on December 31, 2024, reflecting a growth of approximately 77.6%[200]. - Other receivables rose to RMB 2,390,000 as of June 30, 2025, from RMB 1,629,000 at the end of 2024, marking an increase of about 46.8%[200].

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8月31日 狀態: 新提交 公司名稱: 向中國際控股有限公司 呈交日期: 2025年9月2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 ...

Core Viewpoint - The company reported a decrease in revenue and an increase in losses for the first half of 2025 compared to the same period last year [1] Financial Performance - Revenue for the first half of 2025 was RMB 17.061 million, a decrease of 5.98% year-on-year [1] - The loss attributable to the company's owners was RMB 4.789 million, compared to a loss of RMB 2.348 million in the same period last year [1] - Basic loss per share was RMB 1.10 [1] Revenue Breakdown - The overall decrease in revenue was attributed to a reduction in actual training hours for students, despite an increase in the number of students participating in driving courses [1] - The average hourly course fee for both large and small vehicle driving courses increased due to the recognition of standard courses with fewer or no training hours [1] - Revenue from large vehicle driving training services remained the primary source of income, accounting for approximately 69.6% of total revenue [1] - Revenue from advanced large vehicle courses contributed about 8.9% to total revenue, while standard large vehicle courses accounted for approximately 59.6% of total revenue [1]

Core Viewpoint - The company reported a significant increase in losses for the interim period ending June 30, 2025, despite a notable rise in the number of students enrolling in driving courses [1] Financial Performance - The company achieved revenue of 17.061 million yuan, representing a year-on-year decrease of 5.98% [1] - The loss attributable to shareholders was 4.789 million yuan, which is an increase of 103.96% compared to the previous year [1] - The loss per share was reported at 1.01 cents [1] Enrollment and Course Participation - The number of students enrolled in driving courses increased significantly by approximately 31.4%, with a total of 7,188 students compared to 5,469 students in the same period last year [1]

Core Points - The company reported a revenue of 17.061 million, representing a year-on-year decrease of 5.98% [1] - The loss attributable to the owners of the company was 4.789 million, an increase of 103.96% year-on-year [1] - The loss per share was 1.01 cents [1] Performance Summary - The number of students enrolled in driving courses significantly increased by approximately 31.4%, totaling 7,188 students compared to 5,469 students in the same period last year [1] - Despite the increase in enrollment, the overall revenue still experienced a decline of about 6.0% [1]