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，概不會就本公告全 部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 eprint GROUP LIMITED eprint 集團有限公司 （於開曼群島註冊成立之有限公司） (股份編號: 1884) 於二零二五年八月二十一日舉行之 股東週年大會投票結果 董事會欣然宣佈於二零二五年八月二十一日舉行的股東週年大會上提呈之所有 決議案獲正式通過。 茲提述eprint集團有限公司（「本公司」）日期為二零二五年七月二十九日之通 函（「該通函」），當中載有（其中包括 ）本公司於二零二五年八月二十一日舉 行之股東週年大會（「股東週年大會」）之通告（「股東週年大會通告」）。除 本公告另有指明外，本公告所用詞彙與該通函所界定者具有相同涵義。 董事會欣然宣佈，於股東週年大會上提呈之所有決議案已以按股數投票方式獲正 式通過。 本公司於香港之股份過戶登記分處卓佳證券登記有限公司獲委任為監票員以負 責於股東週年大會上點算投票票數。 - 1 - 投票數目 （概約%） | | 普通決議案 | | | ...

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 致：香港交易及結算所有限公司 公司名稱: eprint集團有限公司 呈交日期: 2025年8月5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) | 01884 | 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 ...

eprint GROUP LIMITED eprint 集團有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1884) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） Dear Non-registered Holder(s) (Note 1) , eprint Group Limited (the "Company") – Notification of publication of (i) Annual Report 2024/25; (ii) Circular relating to the Proposals for General Mandates to Issue Shares and to Repurchase Shares, Re-election of Retiring Directors and Notice of Annual General Meeting; and (iii ...

eprint GROUP LIMITED eprint 集團有限公司 eprint Group Limited (the "Company") – Notification of publication of (i) Annual Report 2024/25; (ii) Circular relating to the Proposals for General Mandates to Issue Shares and to Repurchase Shares, Re-election of Retiring Directors and Notice of Annual General Meeting; and (iii) Form of Proxy of the Company (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication is now available on the Company's website at ...

eprint GROUP LIMITED eprint 集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號︰1884） 股東週年大會通告 茲通告eprint集團有限公司（「本公司」）將於二零二五年八月二十一日（星期四）上 午十一時正假座香港九龍觀塘觀塘道448至458號觀塘工業中心第3期4樓A及B室舉 行股東週年大會（「大會」），藉此處理以下事項： 普通決議案 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，概不會就本公告全部或任 何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 「供股」乃指於本公司董事指定之期間內，向於指定記錄日期名列本公司股東 名冊的股份或任何類別股份持有人按彼等於該日的當時之持股比例提呈發售 股份之建議（惟須受董事就零碎股權，或於考慮適用於本公司任何地區之法 律或其任何認可監管機構或任何證券交易所規定之任何限制或責任後認為必 要或權宜之豁免或其他安排所規限）。」 5. 「動議： – 3 – (a) 一般及無條件批准在本決議案(b)段之規限下，根據經不時修訂之所有適 用法例及上市規則或任何其他 ...

eprint GROUP LIMITED eprint 集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號︰1884） 二零二五年股東週年大會之代表委任表格 本人╱吾等 1 ， 地址為 ， 為eprint集團有限公司（「本公司」）股本中每股面值0.01港元之股份 股 2 之登記持有人， 茲委任該大會主席或 地址為 ， 為本人╱吾等之代表，代表本人╱吾等出席本公司於二零二五年八月二十一日（星期四）上午十一時正假座香港九龍觀塘觀塘道 448至458號觀塘工業中心第3期4樓A及B室舉行之股東週年大會（或其任何續會）（「大會」），藉以考慮並酌情通過召開大會通告 所載之下列決議案，並於該大會（或其任何續會）上代表本人╱吾等，並以本人╱吾等之名義按照下列指示（或如無該指示，則由 本人╱吾等之委任代表酌情投票），就該等決議案投票。 | | 普通決議案 | 贊成 | 4 4 反對 | | --- | --- | --- | --- | | 1. | 省覽及考慮本公司及其附屬公司截至二零二五年三月三十一日止年度之經審核財務 | | | | | 報表與董事會報告及核數師報告 | | | | 2. | (a) 重選梁一鵬先 ...

（於開曼群島註冊成立之有限公司） （股份代號︰1884） 此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢股票經紀或其他註冊證券交易商、 銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有eprint集團有限公司之股份，應立即將本通函連同隨附之代表委 任表格送交買主或承讓人，或經手買賣或轉讓之銀行、股票經紀或其他代理商，以便轉交買主 或承讓人。 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通函之內容概不負責，對其準確 性或完整性亦不發表聲明，並明確表示概不會就因本通函全部或任何部分內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 eprint GROUP LIMITED eprint 集團有限公司 建議 發行股份及購回股份的一般授權、 重選退任董事 及 股東週年大會通告 eprint集團有限公司（「本公司」）謹訂於二零二五年八月二十一日（星期四）上午十一時正假座 香港九龍觀塘觀塘道448至458號觀塘工業中心第3期4樓A及B室舉行股東週年大會（「股東週年 大會」），會上將考慮（其中包括）上述決議案，召開大會之通告載於本通函第15至18頁。 無論 ...

[Corporate Information](index=2&type=section&id=Corporate%20Information) [Financial Highlights](index=5&type=section&id=Financial%20Highlights) | Metric | Year Ended March 31, 2025 | Year Ended March 31, 2024 | Y-o-Y Change | | :--- | :--- | :--- | :--- | | **Revenue** | Approx. HK$292.6 million | Approx. HK$316.3 million | -7.5% | | **Gross Profit** | Approx. HK$114.2 million | Approx. HK$119.2 million | -4.2% | | **Gross Profit Margin** | Approx. 39.0% | Approx. 37.7% | +1.3 percentage points | | **Loss for the Year Attributable to Owners of the Company** | Approx. HK$6.1 million | Approx. HK$8.3 million | Loss narrowed by 26.5% | | **Cash and Cash Equivalents at Period End** | Approx. HK$103.1 million | Approx. HK$100.1 million | +3.0% | | **Final Dividend** | Nil | Nil | - | [Chairman's Statement](index=5&type=section&id=Chairman%27s%20Statement) [Operating Results](index=6&type=section&id=Operating%20Results) Affected by the persistent sluggish Hong Kong market, the Group's revenue for FY2025 decreased by 7.5% year-on-year to HK$292.6 million; despite the revenue decline, loss attributable to owners of the Company narrowed from HK$8.3 million to HK$6.1 million, a reduction of HK$2.2 million, indicating effective cost control | Financial Metric | FY2025 | FY2024 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | HK$292.6 million | HK$316.3 million | -HK$23.7 million | | **Loss Attributable to Owners of the Company** | HK$6.1 million | HK$8.3 million | Loss reduced by HK$2.2 million | [Prospects](index=6&type=section&id=Prospects) The Group will continue to invest in advanced paper and digital printing equipment to solidify its market position; facing economic uncertainties, the company will actively optimize cost and risk management, strengthen core printing businesses, and seek new opportunities for revenue diversification to create long-term shareholder value - Continuous investment in advanced machinery strengthens paper and digital printing capabilities to meet customer expectations and market demands[18](index=18&type=chunk)[22](index=22&type=chunk) - Future strategic priorities include strengthening core printing businesses, optimizing resource allocation, enhancing efficiency and profitability, and actively seeking new opportunities for revenue diversification[19](index=19&type=chunk)[24](index=24&type=chunk)[26](index=26&type=chunk) [Management Discussion and Analysis](index=7&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=8&type=section&id=Business%20Review) The Group primarily operates three businesses: paper printing, inkjet printing, and yacht financing; in FY2025, revenue from both paper printing and inkjet printing businesses declined, while yacht financing contributed HK$4.7 million in revenue | Business Segment | FY2025 Revenue (HKD) | FY2024 Revenue (HKD) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | **Paper Printing (e-print)** | Approx. HK$197.6 million | Approx. HK$223.6 million | -11.6% | | **Inkjet Printing (e-banner)** | Approx. HK$90.3 million | Approx. HK$92.7 million | -2.6% | | **Yacht Financing** | Approx. HK$4.7 million | N/A | New | [Materials events occurred during the reporting period](index=9&type=section&id=Materials%20events%20occurred%20during%20the%20reporting%20period) During the reporting period, the Group completed several significant transactions, including the acquisition of two properties in Kwun Tong Industrial Centre, capital injection into Top Success BVI making it a non-wholly owned subsidiary, and the extension of a shareholder loan to Top Success Hong Kong - Acquisition of two properties in Kwun Tong Industrial Centre, Hong Kong, for a total consideration of **HK$19,560,000**, with the transaction completed[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk) - Capital injection of **HK$14,500,000** into Top Success BVI, increasing shareholding to **77.5%**, making it a non-wholly owned subsidiary of the Company[44](index=44&type=chunk) - Extension of the maturity date for the **HK$15,000,000** shareholder loan to Top Success Hong Kong by five years[50](index=50&type=chunk) [Outlook](index=11&type=section&id=Outlook) Looking ahead, despite a complex macroeconomic environment, the Group will continue to invest in advanced printing production facilities and innovative technologies, leveraging recently acquired freehold properties to expand operational capacity; concurrently, the company will prioritize enhancing operational efficiency and optimizing resource allocation to address rising costs and competitive pressures, ensuring business resilience and sustained margin improvement - Leveraging recently acquired freehold properties to expand operational capacity and maintain industry competitive advantage[52](index=52&type=chunk) - Future priorities include enhancing operational efficiency and optimizing resources through stringent cost management and streamlined operational processes to ensure operational resilience and continuous margin improvement[53](index=53&type=chunk) [Financial Review](index=12&type=section&id=Financial%20Review) In FY2025, the Group's total revenue decreased by 7.5% to HK$292.6 million, but gross profit margin improved from 37.7% to 39.0% due to cost control measures; net other income significantly increased, primarily from a turnaround in gain on disposal of property, plant and equipment; administrative expenses decreased, but finance income substantially reduced as interest income from Top Success Investment was no longer consolidated post-acquisition; ultimately, loss attributable to owners of the Company narrowed to HK$6.1 million, with capital expenditure significantly increasing due to property additions and the gearing ratio rising | Financial Item | FY2025 (HK$ million) | FY2024 (HK$ million) | Key Reasons for Change | | :--- | :--- | :--- | :--- | | **Revenue** | 292.6 | 316.3 | Decrease in paper and inkjet printing business revenue | | **Gross Profit** | 114.2 | 119.2 | Revenue decline led to lower gross profit | | **Gross Profit Margin** | 39.0% | 37.7% | Implementation of cost control measures | | **Net Other Income/(Loss)** | 0.4 | (6.2) | Turnaround from loss to gain on disposal of property, plant and equipment, and fair value gain on financial assets | | **Administrative Expenses** | 90.8 | 92.0 | Decrease in staff welfare expenses | | **Finance Income** | 1.6 | 5.0 | No longer consolidating interest income from financial assets of Top Success Investment after acquisition | | **Share of Profit of Joint Ventures** | 1.6 | 1.2 | Improved business performance | | **Loss Attributable to Owners of the Company** | (6.1) | (8.3) | Loss narrowed | | **Capital Expenditure** | 49.8 | 27.5 | Significant increase due to property additions | | Financial Ratio | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | **Current Ratio** | 1.1 | 1.2 | | **Gearing Ratio** | 40.8% | 36.1% | - Subsequent to the reporting period, the Company's indirect non-wholly owned subsidiary, Boat Easy International Limited, granted two secured loans totaling **HK$11,800,000**[110](index=110&type=chunk)[111](index=111&type=chunk) - The Board does not recommend the payment of a final dividend for the year ended March 31, 2025[113](index=113&type=chunk) [Corporate Governance Report](index=19&type=section&id=Corporate%20Governance%20Report) [Corporate Governance Practice](index=20&type=section&id=Corporate%20Governance%20Practice) The Company is committed to maintaining high standards of corporate governance; during the reporting period, the Company complied with most provisions of the Corporate Governance Code, with one deviation: the roles of Chairman and Chief Executive Officer are not separated, both held by Mr. She Siu Kei; the Board believes this arrangement ensures leadership consistency and decision-making efficiency, and the current Board structure adequately balances power - The Company deviates from the Corporate Governance Code's provision on the separation of Chairman and Chief Executive Officer roles, with both positions currently held by the same individual, Mr. She Siu Kei[119](index=119&type=chunk) - The Board believes that having the Chairman and Chief Executive Officer as the same person helps ensure consistency in the Group's leadership and enables more efficient overall strategic planning[119](index=119&type=chunk) [Board of Directors](index=21&type=section&id=Board%20of%20Directors) The Board of Directors comprises eight members, including three executive directors, one non-executive director, and four independent non-executive directors, ensuring a balanced structure; the Board is responsible for leading and overseeing the Company, formulating overall strategy, and reviewing operational and financial performance; five Board meetings were held during the reporting period with good attendance; the Company has adopted mechanisms for directors to obtain independent advice and ensures their participation in continuous professional development - The Board of Directors consists of **8** directors: **3** executive directors, **1** non-executive director, and **4** independent non-executive directors, ensuring the Board's independence[127](index=127&type=chunk)[129](index=129&type=chunk) - A total of **five** Board meetings were held during the reporting period, with high director attendance[132](index=132&type=chunk)[135](index=135&type=chunk) - All directors participated in continuous professional development to update their knowledge and skills[148](index=148&type=chunk)[149](index=149&type=chunk) [Board Committees](index=26&type=section&id=Board%20Committees) The Company has established Nomination, Remuneration, and Audit Committees, each chaired by an independent non-executive director, holding regular meetings to fulfill their duties; the Nomination Committee reviews Board structure and diversity and recommends director candidates; the Remuneration Committee formulates remuneration policies for directors and senior management; the Audit Committee oversees financial reporting, risk management, and internal control systems, and has reviewed the annual financial statements - The Nomination Committee comprises **three** independent non-executive directors and **one** executive director, responsible for reviewing Board structure, diversity, and director appointments[162](index=162&type=chunk) - The Remuneration Committee consists of **two** independent non-executive directors and **one** executive director, responsible for recommending remuneration policies and structures for directors and senior management to the Board[182](index=182&type=chunk)[183](index=183&type=chunk) - The Audit Committee comprises **four** independent non-executive directors, primarily responsible for overseeing financial reporting, risk management, and internal control systems, and has reviewed the current fiscal year's results[192](index=192&type=chunk)[193](index=193&type=chunk)[199](index=199&type=chunk) [Risk Management and Internal Control](index=40&type=section&id=Risk%20Management%20and%20Internal%20Control) The Board is responsible for monitoring the Group's risk management and internal control systems, conducting annual effectiveness reviews; the Group has established an enterprise risk management framework and adopted a 'three lines of defense' governance structure; during the reporting period, an external independent professional firm was appointed to review the internal control system, identifying strategic risks (Sino-US trade tensions) and operational risks (asset misappropriation) as key risks; the Board considers the existing systems effective and adequate - The Board, through the Audit Committee, conducts an annual review of the Group's risk management and internal control systems, covering financial, operational, and compliance controls[247](index=247&type=chunk) - The Group appointed an external independent professional firm (Ming Shun Corporate Consultancy Limited) to conduct an internal control review and adopted improvement measures based on its recommendations[251](index=251&type=chunk) | Risk Area | Principal Risk | | :--- | :--- | | **Strategic Risk** | Impact of Sino-US trade tensions on demand for printing products | | **Operational Risk** | Risk of asset misappropriation by internal and external parties | | **Financial Risk** | No significant risks identified | | **Compliance Risk** | No significant risks identified | [Environmental, Social and Governance Report](index=43&type=section&id=Environmental%2C%20Social%20and%20Governance%20Report) [ESG Governance and Strategy](index=44&type=section&id=ESG%20Governance%20and%20Strategy) The Group has established a 'top-down' ESG governance structure led by the Board of Directors, with an ESG working team responsible for implementation; through communication with key stakeholders including government, shareholders, employees, and customers, the Group conducted a materiality assessment, identifying 'resource usage,' 'health and safety in the workplace,' 'supply chain management,' and 'product responsibility' as crucial ESG issues - The Group adopts a 'top-down' ESG governance structure, with the Board bearing ultimate responsibility and an ESG working team supporting strategy formulation and implementation[276](index=276&type=chunk)[277](index=277&type=chunk) - Through materiality assessment, four crucial ESG issues were identified: resource usage, health and safety in the workplace, supply chain management, and product responsibility[288](index=288&type=chunk)[290](index=290&type=chunk) [Our Environment](index=50&type=section&id=Our%20Environment) The Group is committed to sustainable operations, formulating environmental policies to manage emissions, waste, and resource usage; regarding emissions, carbon emissions are reduced by switching to alcohol-free dampening solutions and implementing energy-saving measures; for waste management, hazardous and non-hazardous waste are sorted for treatment and recycling; concerning resource usage, measures include water conservation, use of eco-friendly paper, and environmentally friendly inks; furthermore, the Group has conducted climate risk assessments and developed mitigation strategies for physical and transition risks - By switching to alcohol-free dampening solutions instead of isopropyl alcohol (IPA), hazardous waste and safety hazards were significantly reduced[296](index=296&type=chunk)[390](index=390&type=chunk) | Environmental Metric | FY2025 | FY2024 | | :--- | :--- | :--- | | **Total Greenhouse Gas Emissions (tonnes of CO2e)** | 1,191.1 | 1,132.1 | | **Total Electricity Consumption (kWh)** | 3,031,839.4 | 2,804,271.8 | | **Total Water Consumption (cubic meters)** | 4,231.0 | 4,194.0 | | **Total Hazardous Waste (tonnes)** | 2,980.1 | 2,906.0 | | **Total Non-Hazardous Waste (tonnes)** | 722.6 | 720.7 | - The Group has identified physical risks such as extreme weather and rising average temperatures, and transition risks like changes in environmental regulations and shifting consumer preferences, and has developed corresponding mitigation strategies[315](index=315&type=chunk)[319](index=319&type=chunk) [Our People and Customers (Social)](index=56&type=section&id=Our%20People%20and%20Customers%20%28Social%29) Regarding social responsibility, the Group focuses on employee well-being, customer rights, and business ethics; as of March 31, 2025, the Group had 311 employees and strictly complies with employment laws, adopting a zero-tolerance policy towards child and forced labor; the Group prioritizes occupational health and safety and provides development and training opportunities for employees; concerning customers, the Group emphasizes product responsibility, protects intellectual property and customer privacy, and has established comprehensive customer service and complaint handling mechanisms; concurrently, the Group manages supply chain risks through green procurement and supplier evaluations, and maintains a zero-tolerance stance on corruption, with established whistleblowing procedures - As of March 31, 2025, the Group had **311** full-time employees, a decrease from **340** in the same period last year[104](index=104&type=chunk)[321](index=321&type=chunk) - The Group adopts a zero-tolerance policy towards child and forced labor, preventing it through measures such as age verification and identity checks during the recruitment process[327](index=327&type=chunk)[331](index=331&type=chunk) - During the reporting period, lost workdays due to work-related injuries totaled **13.5** days, a significant improvement from **16** days and **205** days in the preceding two years[407](index=407&type=chunk) - The Group maintains a zero-tolerance stance on corruption, having established anti-corruption policies and whistleblowing procedures, and provides anti-corruption training for new employees[360](index=360&type=chunk)[361](index=361&type=chunk)[366](index=366&type=chunk) [Our Community](index=63&type=section&id=Our%20Community) The Group actively fulfills its community responsibilities, primarily focusing on education; during the reporting period, the Group sponsored scholarship programs for the Hong Kong Vocational Training Council (VTC) Youth College and provided free printing support to various non-governmental organizations, including the Hong Kong Federation of Business Students and Fu Hong Society, contributing to society with its core business capabilities - Sponsorship of scholarship programs for the Hong Kong Vocational Training Council (VTC) Youth College, supporting youth talent development[371](index=371&type=chunk) - Provision of free printing support to multiple non-governmental organizations (NGOs), leveraging core business capabilities to contribute to society[372](index=372&type=chunk) [Biographical Details of Directors and Senior Management](index=88&type=section&id=Biographical%20Details%20of%20Directors%20and%20Senior%20Management) - The Board of Directors and senior management possess extensive industry experience in printing, marketing, corporate management, and financial accounting; founder Mr. She Siu Kei serves as Chairman and Chief Executive Officer, with over **25** years of experience in the printing industry[437](index=437&type=chunk)[439](index=439&type=chunk)[445](index=445&type=chunk)[447](index=447&type=chunk) [Report of the Directors](index=92&type=section&id=Report%20of%20the%20Directors) [Principal Risks and Uncertainties](index=94&type=section&id=Principal%20Risks%20and%20Uncertainties) The Group faces principal risks including decreased market demand and fluctuations in raw material procurement costs; reduced market demand stems from the rise of online media and paperless trends, which the Group addresses by optimizing product portfolios, enhancing value-added services, and expanding new product lines; raw material cost fluctuations are primarily influenced by paper prices, managed through market research, fixed-price contracts with suppliers, and other cost control methods - Principal Risk 1: Decreased market demand; traditional printing demand declines due to the rise of online media and paperless trends; mitigation measures include strengthening customer relationship management, optimizing product portfolios (e.g., digital printing, promotional gifts), and enhancing value-added services (e.g., mobile applications, online platforms)[469](index=469&type=chunk)[475](index=475&type=chunk)[478](index=478&type=chunk) - Principal Risk 2: Fluctuations in raw material procurement costs; paper is a major cost component, with its price influenced by various factors; mitigation measures include regular market research, supplier price comparisons, signing fixed-price contracts, or changing suppliers to stabilize costs[480](index=480&type=chunk)[482](index=482&type=chunk) [Share Schemes](index=103&type=section&id=Share%20Schemes) The Company terminated its original share option scheme ('Old Scheme') in August 2023 and adopted a new share option scheme ('New Scheme'); in FY2025, **44,000,000** share options granted under the Old Scheme lapsed; no share options have been granted under the New Scheme since its adoption; the New Scheme's authorized limit is **55,000,000** shares, representing **10%** of issued shares - The original share option scheme was terminated on **August 22, 2023**, with no new share options to be granted[534](index=534&type=chunk) - During the reporting period, all **44,000,000** share options granted under the Old Scheme lapsed[536](index=536&type=chunk)[543](index=543&type=chunk) - The Company adopted a new share option scheme with an authorized limit of **55,000,000** shares, representing **10%** of issued shares, but no share options have been granted as of the reporting date[537](index=537&type=chunk)[539](index=539&type=chunk)[542](index=542&type=chunk) [Substantial Shareholders](index=107&type=section&id=Substantial%20Shareholders) As of March 31, 2025, the Company's substantial controlling shareholder is eprint Limited, holding **313,125,000** shares, representing **56.93%** of the issued shares; eprint Limited is jointly controlled by several directors and parties acting in concert, including Mr. She Siu Kei, Mr. Chong Cheuk Ki, Mr. Leung Wai Ming, and Mr. Leung Yat Pang | Substantial Shareholder | Capacity/Nature of Interest | Number of Ordinary Shares Held | Approximate Percentage of Shareholding | | :--- | :--- | :--- | :--- | | **eprint Limited** | Beneficial Owner | 313,125,000 | 56.93% | | **Mr. She Siu Kei** | Interest in Controlled Corporation | 313,125,000 | 56.93% | | **Mr. Chong Cheuk Ki** | Interest in Controlled Corporation | 313,125,000 | 56.93% | | **Mr. Leung Wai Ming** | Interest in Controlled Corporation | 313,125,000 | 56.93% | | **Mr. Leung Yat Pang** | Interest in Controlled Corporation | 313,125,000 | 56.93% | [Independent Auditor's Report](index=118&type=section&id=Independent%20Auditor%27s%20Report) - Auditor PricewaterhouseCoopers issued an unmodified opinion, stating that the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as of March 31, 2025, and its consolidated financial performance and cash flows for the year then ended[620](index=620&type=chunk)[621](index=621&type=chunk) - A key audit matter identified in the report is 'Revenue recognition for paper printing and inkjet printing segments'; the auditor focused on this area, including testing internal controls, sampling revenue transactions, and performing cut-off tests, concluding that revenue recognition for this segment was sufficiently supported by evidence[626](index=626&type=chunk)[631](index=631&type=chunk)[634](index=634&type=chunk) [Consolidated Financial Statements](index=126&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statement of Comprehensive Income](index=126&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) In FY2025, the Group recorded total revenue of **HK$292.6 million**, a 7.5% year-on-year decrease; despite the revenue decline, gross profit only slightly decreased by 4.2% to **HK$114.2 million** due to effective cost control; loss for the year was **HK$5.71 million**, narrowing from **HK$6.90 million** last year; loss attributable to owners of the Company was **HK$6.13 million**, with basic loss per share of **1.11 HK cents** | Item (HK$ thousand) | FY2025 | FY2024 | | :--- | :--- | :--- | | **Revenue** | 292,593 | 316,277 | | **Gross Profit** | 114,218 | 119,217 | | **Operating Loss** | (4,535) | (8,537) | | **Loss Before Income Tax** | (4,872) | (6,084) | | **Loss for the Year** | (5,714) | (6,900) | | **Loss Attributable to Owners of the Company** | (6,130) | (8,306) | | **Basic and Diluted Loss Per Share (HK cents)** | (1.11) | (1.51) | [Consolidated Statement of Financial Position](index=128&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's total assets were **HK$378.8 million**, largely consistent with the previous year; total equity was **HK$243.2 million**, a slight decrease; among non-current assets, property, plant and equipment increased due to acquisitions, while right-of-use assets decreased; current assets increased, primarily driven by growth in cash and cash equivalents; total liabilities were **HK$135.6 million**, with current liabilities rising due to increased borrowings | Item (HK$ thousand) | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | **Non-current Assets** | 236,788 | 253,280 | | **Current Assets** | 142,055 | 125,374 | | **Total Assets** | 378,843 | 378,654 | | **Total Equity** | 243,244 | 244,068 | | **Non-current Liabilities** | 11,410 | 28,477 | | **Current Liabilities** | 124,189 | 106,109 | | **Total Liabilities** | 135,599 | 134,586 | | **Total Equity and Liabilities** | 378,843 | 378,654 | [Consolidated Statement of Cash Flows](index=132&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) In FY2025, net cash generated from operating activities was **HK$12.63 million**, a decrease from the previous year; net cash outflow from investing activities was **HK$7.63 million**, primarily for purchasing property, plant and equipment, partially offset by proceeds from redemption of financial assets; net cash outflow from financing activities was **HK$2.08 million**; overall, cash and cash equivalents at year-end increased by **HK$2.91 million**, reaching **HK$103.1 million** | Item (HK$ thousand) | FY2025 | FY2024 | | :--- | :--- | :--- | | **Net Cash Generated from Operating Activities** | 12,627 | 27,492 | | **Net Cash Used in Investing Activities** | (7,630) | (45,408) | | **Net Cash Used in Financing Activities** | (2,084) | (6,995) | | **Net Increase/(Decrease) in Cash and Cash Equivalents** | 2,913 | (24,911) | | **Cash and Cash Equivalents at Beginning of Year** | 100,035 | 125,024 | | **Cash and Cash Equivalents at End of Year** | 103,056 | 100,035 | [Five-year Financial Summary](index=260&type=section&id=Five-year%20Financial%20Summary) | Item (HK$ thousand) | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **(Loss)/Profit Attributable to Owners of the Company** | (6,130) | (8,306) | (14,243) | 2,097 | 19,009 | | **Total Assets** | 378,843 | 378,654 | 372,608 | 335,568 | 331,152 | | **Total Liabilities** | (135,599) | (134,586) | (120,818) | (85,300) | (80,497) | | **Net Assets** | 243,244 | 244,068 | 251,790 | 250,268 | 250,655 |

[Financial Highlights](index=1&type=section&id=%E8%B2%A1%E5%8B%99%E6%91%98%E8%A6%81) The Group's revenue declined, but losses narrowed due to improved gross margin, and no final dividend was proposed Financial Highlights for the Year Ended March 31, 2025 | Indicator | FY2025 (HK$'000) | FY2024 (HK$'000) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Revenue | 292,600 | 316,300 | -7.5% | | Gross Profit | 114,200 | 119,217 | -4.2% | | Gross Profit Margin | 39.0% | 37.7% | +1.3pp | | Loss for the year attributable to equity holders | (6,100) | (8,306) | Loss narrowed by 26.6% | | Cash and cash equivalents (at year-end) | 103,100 | 100,035 | +3.1% | - The Board did not recommend the payment of a final dividend for the year ended March 31, 2025[2](index=2&type=chunk) [Consolidated Financial Statements](index=2&type=section&id=%E5%90%88%E4%BD%B5%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8) The statements detail a revenue decline offset by cost controls leading to narrower losses and a stable financial position [Consolidated Statement of Comprehensive Income](index=2&type=section&id=%E5%90%88%E4%BD%B5%E7%B6%9C%E5%90%88%E6%94%B6%E7%9B%8A%E8%A1%A8) For the year ended March 31, 2025, the Group's revenue decreased by 7.5% while the loss attributable to equity holders narrowed significantly Key Data from Consolidated Statement of Comprehensive Income (HK$'000) | Item | FY2025 | FY2024 | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Revenue | 292,593 | 316,277 | -7.5% | | Gross Profit | 114,218 | 119,217 | -4.2% | | Operating loss | (4,535) | (8,537) | Loss narrowed by 46.9% | | Loss before income tax | (4,872) | (6,084) | Loss narrowed by 19.9% | | Loss for the year | (5,714) | (6,900) | Loss narrowed by 17.2% | | Loss attributable to equity holders of the Company | (6,130) | (8,306) | Loss narrowed by 26.2% | | Basic loss per share (HK cents) | (1.11) | (1.51) | Loss narrowed | [Consolidated Statement of Financial Position](index=4&type=section&id=%E5%90%88%E4%BD%B5%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8) As of March 31, 2025, total assets remained stable, with a significant increase in borrowings to fund property acquisitions Key Data from Consolidated Statement of Financial Position (HK$'000) | Item | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | **Assets** | | | | Property, plant and equipment | 175,446 | 134,589 | | Loans receivable | 19,949 | – | | Cash and cash equivalents | 103,056 | 100,035 | | **Total Assets** | **378,843** | **378,654** | | **Equity** | | | | Total Equity | 243,244 | 244,068 | | **Liabilities** | | | | Borrowings | 71,128 | 40,951 | | **Total Liabilities** | **135,599** | **134,586** | [Notes to the Consolidated Financial Statements](index=6&type=section&id=%E5%90%88%E4%BD%B5%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8%E9%99%84%E8%A8%BB) These notes provide detailed breakdowns of segment performance, key income statement and financial position items, and the recent business combination [Segment Information](index=8&type=section&id=2%20%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) The Group operates three segments, with revenue declines in printing offset by profits from the new yacht financing business Segment Revenue and Results for FY2025 (HK$'000) | Business Segment | Revenue from external customers | Segment results | | :--- | :--- | :--- | | Paper printing | 197,608 | (8,297) | | Inkjet printing | 90,315 | 2,306 | | Yacht financing | 4,670 | 2,019 | - Compared to FY2024, revenue from the paper printing segment **decreased from HK$224 million to HK$198 million**, while inkjet printing revenue slightly fell from HK$92.71 million to HK$90.32 million[16](index=16&type=chunk)[17](index=17&type=chunk) - The Group primarily operates and holds its assets in Hong Kong, hence no geographical segment information is presented[13](index=13&type=chunk) [Analysis of Key Income Statement Items](index=11&type=section&id=%E9%97%9C%E9%8D%B5%E6%90%8D%E7%9B%8A%E8%A1%A8%E9%A0%85%E7%9B%AE%E5%88%86%E6%9E%90) Other net income turned positive due to asset disposal gains, while cost control measures reduced material and subcontracting expenses - Other net income was **HK$443 thousand**, a turnaround from a loss of HK$6.187 million last year, driven by gains on disposal of assets and fair value gains on financial assets[20](index=20&type=chunk) Changes in Major Expense Items (HK$'000) | Expense Item | FY2025 | FY2024 | | :--- | :--- | :--- | | Cost of materials | 54,807 | 65,312 | | Employee benefit expenses | 103,143 | 104,333 | | Subcontracting charges | 34,822 | 43,799 | - Finance income **decreased significantly from HK$4.95 million to HK$1.625 million**, mainly due to lower interest income from financial assets and bank deposits[22](index=22&type=chunk) [Analysis of Key Financial Position Items](index=14&type=section&id=%E9%97%9C%E9%8D%B5%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8%E9%A0%85%E7%9B%AE%E5%88%86%E6%9E%90) The Group initiated a loans receivable business, significantly reduced trade payables, and increased bank borrowings for property acquisition - A new loans receivable business was added, with a year-end net balance of **HK$19,949 thousand**, secured by pledged yachts[28](index=28&type=chunk) - Trade payables **decreased from HK$10,734 thousand to HK$5,435 thousand**, with a significant reduction in payables aged 31-60 days[33](index=33&type=chunk) - Total bank borrowings **increased from HK$40,951 thousand to HK$71,128 thousand** due to new property mortgages, all classified as current liabilities[35](index=35&type=chunk) [Business Combination](index=18&type=section&id=14%20%E6%A5%AD%E5%8B%99%E5%90%88%E4%BD%B5) The Group acquired a 77.5% stake in Beifang Dingsheng Investment, which contributed positively to revenue and profit post-acquisition - The Group acquired a **77.5% equity interest** in Dingsheng Investment for HK$14,500 thousand, resulting in a business combination[37](index=37&type=chunk) - A loss of approximately **HK$563 thousand** was recognized from the remeasurement of the previously held equity interest at fair value[37](index=37&type=chunk)[39](index=39&type=chunk) - From the acquisition date to year-end, the new subsidiary contributed **revenue of HK$4,670 thousand** and **net profit of HK$669 thousand**[40](index=40&type=chunk) [Management Discussion and Analysis](index=20&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) This section reviews the Group's business and financial performance, liquidity position, and strategic outlook [Business Review and Outlook](index=20&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7%E8%88%87%E5%B1%95%E6%9C%9B) Core printing business revenue declined, prompting diversification into yacht financing, with a future focus on operational efficiency Review of Revenue by Business Segment (HK$'000) | Business Segment | FY2025 Revenue | FY2024 Revenue | | :--- | :--- | :--- | | Paper Printing | 197,600 | 223,600 | | Inkjet Printing | 90,300 | 92,700 | | Yacht Financing | 4,700 | - | - Looking ahead, the Group will focus on investing in advanced printing facilities, enhancing operational efficiency, and implementing strict cost controls[51](index=51&type=chunk) [Financial Review](index=23&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) Despite a 7.5% revenue decrease, effective cost control improved gross margin and significantly narrowed the net loss attributable to equity holders - The Group's revenue **decreased by 7.5%** from HK$316 million to HK$293 million[52](index=52&type=chunk) - Gross profit margin **increased from 37.7% to 39.0%**, primarily due to the Group's cost control measures[53](index=53&type=chunk) - Loss for the year attributable to equity holders was approximately **HK$6.1 million**, a decrease of about HK$2.2 million from the previous year[62](index=62&type=chunk) [Liquidity and Financial Resources](index=25&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E8%88%87%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) The Group maintained a stable cash position, while increased borrowings for property acquisition led to a higher gearing ratio Key Financial Ratios | Ratio | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Current Ratio | 1.1 | 1.2 | | Gearing Ratio | 40.8% | 36.1% | - Total bank borrowings **increased from approximately HK$41 million to HK$71.1 million**, mainly due to mortgage loans for new property acquisitions[67](index=67&type=chunk) - At year-end, properties with a total carrying amount of approximately **HK$124 million** were pledged to secure the Group's mortgage loans[75](index=75&type=chunk) [Human Resources and Others](index=27&type=section&id=%E4%BA%BA%E5%8A%9B%E8%B3%87%E6%BA%90%E8%88%87%E5%85%B6%E4%BB%96) The Group reduced its workforce, slightly decreased employee expenses, and significantly increased capital expenditure for property additions - As of March 31, 2025, the Group had **310 full-time employees**, a decrease from 340 in the prior year[77](index=77&type=chunk) - Employee benefit expenses for the year were approximately **HK$103.1 million**, a slight decrease from HK$104.3 million last year[77](index=77&type=chunk) - Capital expenditure on property, plant and equipment was approximately **HK$49.8 million**, a significant increase from HK$27.5 million last year, mainly for property additions[76](index=76&type=chunk) [Events After the Reporting Period](index=27&type=section&id=%E5%A0%B1%E5%91%8A%E6%9C%9F%E5%BE%8C%E4%BA%8B%E9%A0%85) Post year-end, the Group's subsidiary entered into two secured loan agreements totaling HK$11.8 million to expand its yacht financing business - On May 9, 2025, a secured yacht loan of **HK$7.8 million** was granted[79](index=79&type=chunk) - On May 21, 2025, another 12-month secured yacht loan of **HK$4.0 million** was granted[80](index=80&type=chunk) [Other Corporate Matters](index=28&type=section&id=%E5%85%B6%E4%BB%96%E5%85%AC%E5%8F%B8%E4%BA%8B%E9%A0%85) This section covers the company's dividend policy and adherence to corporate governance standards [Dividend Policy](index=28&type=section&id=%E8%82%A1%E6%81%AF%E6%94%BF%E7%AD%96) The Board does not recommend the payment of a final dividend for the year ended March 31, 2025 - The Board does not recommend the payment of a final dividend for the year ended March 31, 2025 (2024: Nil)[81](index=81&type=chunk) [Corporate Governance](index=29&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB) The company complied with the Corporate Governance Code, with the exception of the combined role of Chairman and CEO - The company deviated from the Corporate Governance Code's provision on separating the roles of Chairman and CEO, with Mr. Shea Siu Kee serving in both capacities[85](index=85&type=chunk) - The Board believes the current arrangement ensures consistent leadership and strategic efficiency without compromising the balance of power[85](index=85&type=chunk)

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，概不會就 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之任何損失承 擔任何責任。 eprint GROUP LIMITED eprint 集團有限公司 (於開曼群島註冊成立之有限公司) 董事會會議通告 eprint 集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，將 於二零二五年六月二十六日（星期四）舉行董事會會議，以考慮及批准（其中包 括）本公司及其附屬公司截至二零二五年三月三十一日止年度之經審核年度業 績、其發佈及建議派付末期股息（如有）。 承董事會命 eprint 集團有限公司 主席 佘紹基 香港，二零二五年六月十六日 於本公告日期，執行董事為佘紹基先生、莊卓琪先生及梁一鵬先生；非執行董事 為梁衞明先生；而獨立非執行董事為潘振威先生、傅忠先生、馬兆杰先生及余美 紅女士。 (股份代號：1884) ...