Group 1 - The core point of the article is that the company, Kwansei Fragrance (01925), experienced a significant stock drop of nearly 9% due to the announcement of temporary anti-dumping duties by the European Commission on candle products imported from China [1] - The European Commission will implement a temporary anti-dumping tax of 70.9% on candle products produced by the company's subsidiary in China, effective from August 13, 2025 [1] - The company derives over 50% of its sales from customers in EU member states, indicating that the temporary duties could adversely affect the company's overall revenue and profitability [1]

Core Viewpoint - The company, Kwansei Fragrance (01925), experienced a nearly 9% decline in stock price due to the announcement of temporary anti-dumping duties by the European Commission on candle products imported from China, which could significantly impact the company's revenue and profitability [1] Group 1: Company Impact - Kwansei Fragrance's stock price fell by 8.87%, trading at 1.13 HKD with a transaction volume of 1.6497 million HKD [1] - The European Commission announced a temporary anti-dumping tax rate of 70.9% on candle products produced by the company's subsidiary in China, effective from August 13, 2025 [1] - The company derives over 50% of its sales from customers in EU member states, indicating that the temporary duties may adversely affect overall revenue and profit [1] Group 2: Regulatory Context - The anti-dumping tax is based on an investigation by the European Commission, which stated that the results are provisional and may be modified during the final phase of the anti-dumping investigation [1]

Core Viewpoint - The company faces potential revenue and profit impacts due to the European Commission's temporary anti-dumping duties on candle products imported from China, set at a rate of 70.9% [1] Company Impact - The company produces and imports candle products to EU member states through its subsidiary in China, which will be subject to the new temporary tariff [1] - Over 50% of the company's sales come from orders for candle products from EU member state customers, indicating significant exposure to the new tariff [1] Regulatory Context - The European Commission announced the temporary anti-dumping duties as part of an ongoing investigation, with the possibility of adjustments during the final phase of the investigation [1]

Core Viewpoint - The European Commission has announced a temporary anti-dumping duty of 70.9% on candle products imported from the People's Republic of China, which may significantly impact the company's revenue and profit due to over 50% of its sales coming from EU customers [1][1][1] Group 1: Regulatory Impact - The European Commission's regulation will take effect on August 13, 2025, following an anti-dumping investigation [1] - The temporary duty is subject to change during the final ruling phase of the anti-dumping investigation [1] Group 2: Company Exposure - The company produces and imports candle products to EU member states through its subsidiary in the People's Republic of China [1] - Over 50% of the company's sales are derived from orders for candle products from EU customers, indicating a high level of exposure to the new duty [1]

Core Viewpoint - The company, Kwan Shih Fragrance (01925), is affected by the European Commission's decision to impose a temporary anti-dumping duty of 70.9% on candle products imported from the People's Republic of China, which may impact the company's overall revenue and profit due to over 50% of its sales coming from EU member states [1]. Group 1 - The European Commission announced a temporary anti-dumping duty on imported candles from China, effective from August 13, 2025 [1]. - The temporary duty rate of 70.9% applies to candles produced by the company's subsidiary in China and imported to EU member countries [1]. - The investigation results regarding the temporary duty are provisional and may be revised during the final stage of the anti-dumping investigation [1]. Group 2 - The company's board believes that the temporary duty could significantly affect the group's overall revenue and profitability due to the reliance on EU customers for more than 50% of its candle product orders [1].

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 之 任 何 損 失 承 擔 任 何 責 任。 KWUNG'S AROMA HOLDINGS LIMITED 曠世芳香控股有限公司 本 公 司 董 事（「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 歐 盟 執 行 機 構 歐 盟 委 員 會（「歐盟委員會」）進 行 的 反 傾 銷 調 查 結 果，歐 盟 委 員 會 於 二 零 二 五 年 八 月 十 三 日 公 佈 實 施 一 項 法 規，對 原 產 於 中 華 人 民 共 和 國 的 進 口 蠟 燭、小 蠟 燭 及 同 類 產 品 徵 收 臨 時 反 傾 銷 稅（「臨時關稅」）。本 公 司 於 中 華人民共和國成立的附屬公司生產並進口至歐盟成員國的蠟燭產品適用臨時 關稅稅率為70.9%（「臨時關稅稅率」）。歐 盟 委 ...

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之任何 損失承擔任何責任。 曠世芳香控股有限公司（「本公司」）董事會（「董事會」）謹此通告，董事會將於二零二五年 八月二十九日（星期五）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 至二零二五年六月三十日止六個月之未經審核業績，以及考慮派發股息（如有）。 承董事會命 曠世芳香控股有限公司 公司秘書 劉仲緯 香港，二零二五年八月十四日 KWUNG'S AROMA HOLDINGS LIMITED 曠世芳香控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號: 1925) 董事會會議通告 於本公告日期，本公司之執行董事為金建新先生及田東先生；以及本公司之獨立非執行董事為黎振宇先生、 徐瓊女士及周凱先生。 ...

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 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) | 01925 | 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 | | 0.001 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.001 HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD 10,000,000 FF301 第 1 頁 ...

Core Viewpoint - The aromatherapy market is experiencing significant growth, transitioning from luxury items to essential daily products, driven by increasing disposable income and consumer demand for wellness solutions, especially in the post-pandemic era [1][7][28]. Industry Definition and Classification - Aromatherapy products include essential oils, candles, diffusers, stones, and tablets, aimed at improving air quality and enhancing mood [2][3]. - The market is categorized into various segments, including perfumes, essential oils, and other fragrance products, with specific classifications based on concentration levels [3]. Current Development Status Global Market - The global aromatherapy market is projected to reach USD 79.003 billion in 2024, with the perfume segment accounting for USD 65.543 billion and essential oils for USD 8.743 billion [5]. - The market is expected to grow to USD 82.374 billion by 2025, indicating a robust demand for natural therapies over synthetic alternatives [5]. Chinese Market - In China, the aromatherapy industry is expected to produce 656.907 million units and reach a market size of CNY 27.852 billion in 2024, with projections of 709.388 million units and CNY 30.034 billion by 2025 [7][10]. Industry Chain - The upstream of the aromatherapy industry includes flower cultivation, fragrance materials, and packaging, which are crucial for product quality and market competitiveness [12][14]. - The distribution channels are diversifying, with both online and offline sales channels playing significant roles in market growth [12]. Competitive Landscape - The global market features intense competition with established brands like Chanel and Dior dominating the high-end segment, while emerging brands focus on natural and organic products [23][25]. - In China, domestic brands are gaining traction, appealing to younger consumers with unique cultural narratives and product offerings [23][27]. Development Trends Product Diversification and Personalization - The industry is moving towards offering a wider range of products, including smart diffusers and personalized fragrance options to cater to diverse consumer preferences [28][29]. Environmental and Health Focus - There is a growing emphasis on eco-friendly and health-conscious products, with a shift towards natural and organic ingredients [30]. Technological Innovation - The integration of smart technology in aromatherapy products is becoming a key trend, enhancing user experience and convenience [31].

Financial Performance - The company reported a consolidated profit of HK$XX million for the year, representing a YY% increase compared to the previous year[6]. - Total revenue exceeded RMB 1 billion, achieving a year-on-year increase of 24.1% to approximately RMB 1,001.2 million for the year ended December 31, 2024[31][44]. - Net profit reached RMB 118.66 million, representing a staggering 95% increase compared to the previous year[31]. - The Group's gross profit increased by approximately RMB62.1 million or 38.3% to approximately RMB224.2 million for the year ended 31 December 2024 from approximately RMB162.1 million for the year ended 31 December 2023[49]. - The gross profit margin improved from approximately 20.1% for the year ended 31 December 2023 to approximately 22.4% for the year ended 31 December 2024, attributed to economies of scale and the appreciation of USD against RMB[50]. User and Market Growth - User data showed a growth of ZZ% in active users, reaching a total of AA million users by the end of the reporting period[6]. - The company plans to expand its market presence in the Asia-Pacific region, targeting a market share increase of DD% over the next two years[6]. - The Group is focusing on expanding its customer base in European countries and the Americas to drive sustainable business growth[42]. - The Group aims to leverage market opportunities in aromatic products to drive continuous innovation and growth[37]. - The Group is actively expanding its customer base, including targeting new geographical markets such as the United States[122]. Strategic Initiatives - The company provided a future outlook, projecting a revenue growth of BB% for the next fiscal year, driven by new product launches and market expansion strategies[6]. - Investment in new product development increased by CC%, focusing on innovative technologies to enhance customer experience[6]. - A strategic acquisition was completed, enhancing the company's capabilities in the e-commerce sector, expected to contribute an additional EE million in revenue annually[6]. - The management highlighted a new marketing strategy aimed at increasing brand awareness, with a budget allocation of FF million for the upcoming year[6]. - The company is exploring partnerships with technology firms to leverage AI and data analytics, aiming for a competitive edge in the market[6]. Operational Efficiency - The company reported a significant improvement in operational efficiency, reducing costs by GG% through streamlined processes[6]. - Increased R&D investments and optimized supply chain management have ensured stable operations and cash flow for the Company[36]. - The production base in Vietnam has been constructed and put into operation, enhancing supply chain resilience[32]. - The balance of trade and other payables slightly decreased due to reduced payables from the completion of construction at the Wuhu Production Base[111]. Financial Management and Governance - The annual dividend policy has been maintained and optimized to reward investors[36]. - The statutory tax rate for Hong Kong profits tax is 8.25% on assessable profits up to HKD2,000,000 and 16.5% on any part of assessable profits over HKD2,000,000[76]. - The Group's income tax expense decreased by approximately RMB2.9 million or 17.3% to approximately RMB13.8 million for the year ended 31 December 2024 from approximately RMB16.7 million for the year ended 31 December 2023[79]. - The company has a strong governance structure with independent non-executive directors providing oversight and independent advice to the board[153]. - The company assessed the independence of all independent non-executive directors and confirmed their independence[197]. Assets and Liabilities - The net carrying amount of the Group's property, plant, and equipment increased by approximately RMB32.7 million during the year ended 31 December 2024, primarily due to construction costs capitalized for the WuHu Production Base[84]. - The Group's inventory balance increased by approximately RMB32.6 million or 47.5% from approximately RMB68.7 million as at 31 December 2023 to approximately RMB101.3 million as at 31 December 2024[88]. - Cash and cash in bank increased by approximately RMB171.7 million or 93.5% to approximately RMB355.5 million as at 31 December 2024 from approximately RMB183.8 million as at 31 December 2023[105]. - The balance of lease liabilities increased by approximately RMB 18.6 million to approximately RMB 19.7 million as of December 31, 2024, from approximately RMB 1.1 million as of December 31, 2023, due to new lease arrangements[113]. Management and Personnel - Mr. Tian has over 19 years of service in the group, overseeing financial and capital operations since 2004[137]. - Mr. Shao has extensive experience in business strategy formulation and was responsible for new product development at Guangzhou Shi Xinli Metal Limited from 2005 to 2015[141]. - Ms. Xu has over 10 years of experience in financial and local tax advisory services in the PRC and is a major shareholder of Ningbo Huihao Tax Agent Company Limited[154]. - The company’s board includes a chairman, two executive directors, one non-executive director, and three independent non-executive directors[196]. - The independent directors are responsible for ensuring compliance and governance standards are met within the organization[156].