Hang Yick Holdings Company Limited (the "Company") – Notification of publication of Circular & Proxy Form (" Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk and the Company's website at www.hy-engineering.com. If you have any difficulty in receiving or gaining access to the Current Corporate Communicat ...

為 恒 益 控 股 有 限 公 司（「本 公 司」）已 發 行 股 本 中 股 股 份 的 登 記 持 有 人， 恒益控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1894） 代 表 委 任 表 格 股 東 特 別 大 會（「股 東 特 別 大 會」）或 其 任 何 續 會 或 延 會 適 用 的 代 表 委 任 表 格 本 人╱吾 等 （附 註1） 地 址 為 HANG YICK HOLDINGS COMPANY LIMITED 1. 請 用 正 楷 寫 上 全 名 及 地 址。 2. 請 填 上 以 閣 下 名 義 登 記 之 股 份 數 目。如 未 有 填 上 股 份 數 目，則 本 代 表 委 任 表 格 將 被 視 為 與 所 有 以 閣 下 名 義 登 記 之 本 公 司 股 份 有 關。 3. 如 擬 委 任 大 會 主 席 以 外 任 何 人 士 為 受 委 代 表，請 刪 去「大 會 主 席 或」字 樣，並 在 空 欄 內 填 上 閣 下 擬 委 任 受 委 代 表 之 姓 名 及 地 址。 4. 注 意：倘 閣 下 擬 投 票 贊 成 決 議 案，請 在 註 明「贊 成」之 ...

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。 HANG YICK HOLDINGS COMPANY LIMITED 恒益控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1894） 股 東 特 別 大 會 通 告 (b) 緊 隨 股 份 合 併 後，本 公 司 法 定 股 本 由38,000,000港 元（分 為190,000,000股 合 併 股 份）增 加 至76,000,000港 元（分 為380,000,000股 合 併 股 份），方 法 為 增 設 額 外190,000,000股 合 併 股 份（「增 加 法 定 股 本」），整 體 效 果 為 本 公 司 法 定 股 本 將 由 股 份 合 併 及 增 加 法 定 股 本 前 最 初 之38,000,000港 元（分 為 3,800,000,000股股份）變更為 ...

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 閣 下 之 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 恒 益 控 股 有 限 公 司 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 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 任 何 聲 明，並 明 確 表 示，概 不 對 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。 本 通 函 僅 供 參 考，並 不 構 成 ...

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12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: 恒益控股有限公司 呈交日期: 2026年1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) | 01894 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,800,000,000 | HKD | | 0.01 | HKD | | 38,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 3,800,000,000 | HKD | | 0.01 | HKD | | 38,0 ...

HANG YICK HOLDINGS COMPANY LIMITED You may at any time choose either to receive printed copies of Corporate Communicationsin both English and Chinese free of charge or access through the Company's website at www.hy-engineering.com (the "Website Version"). Dear Registered Shareholders, 31 December 2025 Hang Yick Holdings Company Limited (the "Company") – Notification of publication of 2025 Interim Report (" Current Corporate Communications") 恒益控股有限公司 (Incorporated in the Cayman Islands with limited liability ...

HANG YICK HOLDINGS COMPANY LIMITED 恒益控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：1894） 各位非登記股東： Dear Non-registered Shareholder, Hang Yick Holdings Company Limited (the "Company") – Notification of publication of 2025 Interim Report (" Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited (the ...

Revenue Performance - The group's revenue for the reporting period was approximately HKD 90.2 million, an increase of about 14.4% from HKD 78.8 million in the same period last year [6]. - Revenue from steel and metal engineering services increased by approximately HKD 13.7 million or 18.5% to about HKD 87.7 million [8]. - Revenue from the sale of steel and metal products decreased by approximately HKD 2.3 million or 47.9% to about HKD 2.5 million [9]. - Revenue for the six months ended September 30, 2025, was HKD 90,156,000, an increase of 14.5% compared to HKD 78,794,000 for the same period in 2024 [44]. - Revenue for the six months ended September 30, 2025, was HKD 90,156,000, an increase of 14.4% compared to HKD 78,794,000 for the same period in 2024 [56]. - Revenue from steel and metal engineering services was HKD 87,650,000, up 18.5% from HKD 74,016,000 in the previous year [56]. Financial Performance - The group reported a loss of approximately HKD 5.7 million for the reporting period, compared to a loss of approximately HKD 10.7 million in the same period last year [15]. - The company reported a loss before tax of HKD 5,592,000, an improvement from a loss of HKD 10,368,000 in the previous year, indicating a 46.1% reduction in losses [44]. - The company reported a loss attributable to shareholders of HKD 5,727,000 for the six months ended September 30, 2025, compared to a loss of HKD 10,661,000 for the same period in 2024 [64]. - Gross profit for the same period was HKD 372,000, representing a decrease of 11.0% from HKD 418,000 in 2024 [44]. - The company recorded a tax expense of HKD 135,000, which includes current and deferred tax liabilities [61]. Cash and Liquidity - As of September 30, 2025, the group's total cash and cash equivalents amounted to approximately HKD 45.8 million, up from HKD 31.1 million as of March 31, 2025 [16]. - Cash and cash equivalents increased to HKD 45,798,000 from HKD 17,116,000, showing a significant improvement in liquidity [50]. - Operating cash flow for the six months was HKD 29,728,000, a turnaround from a cash outflow of HKD 26,023,000 in the prior year [50]. - The unutilized proceeds have been deposited in licensed banks in Hong Kong and China as of September 30, 2025 [29]. Assets and Liabilities - Total assets decreased slightly to HKD 134,345,000 from HKD 137,851,000, reflecting a 2.0% decline [46]. - The company’s net assets amounted to HKD 138,075,000, down from HKD 144,508,000, a decrease of 4.5% [47]. - Trade receivables as of September 30, 2025, totaled HKD 15,938,000, a decrease from HKD 23,182,000 as of March 31, 2025 [67]. - Trade payables amounted to HKD 3,327,000 as of September 30, 2025, down from HKD 3,923,000 as of March 31, 2025 [68]. - The aging analysis of trade receivables shows that HKD 6,654,000 is overdue between 31 to 60 days, a significant decrease from HKD 18,678,000 as of March 31, 2025 [67]. - The company’s employee costs payable were HKD 11,644,000 as of September 30, 2025, slightly down from HKD 12,161,000 as of March 31, 2025 [68]. Corporate Governance - The company is committed to appointing a female director within three months following the resignation of a previous board member to comply with listing rules [35]. - The company has adhered to all applicable corporate governance code provisions during the reporting period [38]. - The audit committee, composed entirely of independent non-executive directors, reviewed and approved the financial statements for the reporting period [42]. - The company maintained its public float as per listing rules, ensuring compliance with regulatory requirements [41]. Dividends and Share Capital - The board has resolved not to declare an interim dividend for the reporting period [23]. - No dividends were declared or paid during the reporting period, consistent with the previous period where no dividends were issued [65][66]. - The total issued and paid-up share capital increased to 921,120,000 shares as of September 30, 2025, following the issuance of 153,520,000 shares at a subscription price of HKD 0.054 per share [72]. Other Financial Information - Direct costs for the group were approximately HKD 89.8 million, an increase of about 14.5% from HKD 78.4 million in the same period last year [11]. - Other income and gains increased from approximately HKD 0.1 million to about HKD 4.9 million, mainly due to the reversal of expected credit losses on long-aged trade receivables [14]. - Other income decreased to HKD 485,000 from HKD 644,000, primarily due to a drop in bank interest income [58]. - The company has not adopted any new accounting standards that would significantly impact its financial performance for the reporting period [55]. - The group operates under a fixed-price contract model, primarily serving construction companies and contractors in Hong Kong [56]. - The company has no significant contingent liabilities as of September 30, 2025 [22]. - The company has no unexercised share options remaining as of September 30, 2025, following the cancellation of 6,710,000 options [31]. - The company has a fixed-rate other loan of HKD 1,000,000 with an interest rate of 18%, due for repayment on April 23, 2026 [71].

Market Performance - The Hong Kong stock market experienced a strong upward trend on December 12, with the Hang Seng Index rising by 446.28 points, or 1.75%, closing at 25,976.79 points [1] - The Hang Seng Tech Index increased by 103.46 points, or 1.87%, closing at 5,638.05 points [1] - The China Enterprises Index rose by 145.07 points, or 1.62%, closing at 9,079.35 points [1] - The Red Chip Index gained 47.77 points, or 1.16%, closing at 4,150.4 points [1] Sector Performance - Technology stocks saw significant gains, with NetEase rising over 4%, and Tencent, Alibaba, and Lenovo increasing by over 2% [1] - Power equipment stocks surged, with Dongfang Electric rising over 13% [1] - Gold stocks generally rose, with Zijin Mining International increasing by over 3% [1] - Chinese brokerage stocks saw a late rally, with China Galaxy rising over 6% [1] - Insurance stocks strengthened in the afternoon, with China Pacific Insurance and China Life both rising over 5% [1] - AIGC concept stocks and real estate blue-chip stocks also saw gains [1] - However, the Everbright system and tobacco stocks declined [1] Company News - Hong Kong Electronic Commerce reported a total merchandise transaction value of HKD 636 million in November, a year-on-year decrease of 7.4% [2] - BOE Technology Group signed a total product processing agreement with its Vietnam subsidiary [2] - China Galaxy completed the issuance of a short-term corporate bond worth 4 billion yuan [2] - Cloudy Technology plans to establish a joint venture focusing on innovative robotic solutions [3] - Cloudtop New Horizon signed a commercialization service agreement with Haisen Bio [3] - Peijia Medical's TaurusTrio transcatheter aortic valve system received approval from the National Medical Products Administration [3] - China Antibody's SM17 new drug research application was accepted by the National Medical Products Administration [4] - Hengyi Holdings plans to undergo capital restructuring and fundraising activities [5] Institutional Insights - GF Securities noted that the Hong Kong stock market is more sensitive to external risks, with potential rebounds expected in mid to late December and early January [6] - Dongwu Securities believes the market is still in a left-side phase, requiring patience for a rebound [6] - Everbright Securities indicated that while there is significant room for growth compared to previous bull markets, the current market may lack strong catalysts [6] - Guoxin Securities highlighted that the recent net inflow of southbound funds into the Hong Kong market exceeded 110 billion yuan in November, indicating strong liquidity and a willingness to invest at lower levels [6] - The forecast for the Hong Kong market in 2026 is expected to range between 30,000 and 32,000 points [6] Industry Trends - The ice and snow economy is emerging as a new growth point, encompassing ice and snow sports, tourism, equipment, and culture [7] - This sector is characterized by a long industrial chain, significant spillover effects, and high social benefits, contributing to regional economic development [7] - The increasing popularity of ice and snow sports and tourism is transforming "cold resources" into a "hot economy," leading to rapid growth in the ice and snow industry [7] - There is a recommendation to focus on ice and snow sports brands with marginal improvements and stable dividend-paying leading companies [7]

Group 1 - The company, Hengyi Holdings (01894), announced a proposed capital restructuring and fundraising activity involving a share consolidation, an increase in authorized share capital, and a rights issue [1] - The board suggests consolidating every 20 existing and unissued shares into 1 consolidated share [1] - The authorized share capital is proposed to increase from HKD 38 million (divided into 3.8 billion shares) to HKD 76 million (divided into 7.6 billion shares) or 380 million consolidated shares after the share consolidation [1] Group 2 - Following the share consolidation and increase in authorized share capital, the board proposes a rights issue where each holder of 1 consolidated share will receive 4 rights shares at a subscription price of HKD 0.46 per rights share [1] - The rights issue aims to raise approximately HKD 84.7 million before expenses, assuming no change in the total number of shares issued as of the record date [1] - If fully subscribed, the estimated net proceeds from the rights issue after deducting all necessary expenses will be approximately HKD 82 million, with 64.0% allocated to support existing and potential new projects, and 22.0% for repaying debts including trade and other payables [1]