Financial Performance - Revenue for the year ended December 31, 2025, reached RMB 1,118,404,000, representing a 23.3% increase from RMB 906,846,000 in 2024[3] - Gross profit for the same period was RMB 151,611,000, up from RMB 141,836,000, indicating a gross margin improvement[3] - Operating profit increased to RMB 76,506,000, compared to RMB 63,929,000 in the previous year, reflecting a growth of 19.5%[3] - Net profit for the year was RMB 56,264,000, a rise from RMB 51,283,000, marking an increase of 9.7%[4] - The company's total comprehensive income attributable to owners was approximately RMB 150,600,000, significantly up from RMB 37,800,000 in the previous year[95] - The company's profit before tax for the year ending December 31, 2025, is RMB 74,568,000, an increase from RMB 58,840,000 in 2024, representing a growth of approximately 26.6%[41] - The company's income tax expense for 2025 was RMB 18,304 thousand, compared to RMB 7,557 thousand in 2024, reflecting an increase of 142.5%[39] - The tax expense calculated at a 15% rate for 2025 is RMB 11,391,000, compared to RMB 8,765,000 in 2024, indicating a year-over-year increase of 30.7%[41] Assets and Liabilities - Total assets as of December 31, 2025, amounted to RMB 1,928,615,000, up from RMB 1,694,817,000 in 2024, showing a growth of 13.8%[5] - Total liabilities decreased slightly to RMB 1,330,643,000 from RMB 1,247,421,000, indicating a reduction of 6.7%[6] - The company's total assets as of December 31, 2025, amount to RMB 902,007,000, compared to RMB 801,048,000 in 2024, showing an increase of approximately 12.6%[50] - The company's total liabilities are expected to be repaid as follows: RMB 463,764,000 within one year and RMB 50,187,000 between one and two years[86] Cash and Financing - The company's cash and bank balances increased to RMB 42,676,000 from RMB 32,087,000, representing a 33.1% increase[5] - The total bank borrowings increased from RMB 637,546,000 in 2024 to RMB 702,698,000 in 2025, with a weighted average effective interest rate of 4.30%[83][85] - The unused bank financing amount as of December 31, 2025, is approximately RMB 828,827,000, compared to RMB 359,138,000 in 2024[84] - The company issued convertible bonds with a principal amount of HKD 93,300,000 (approximately RMB 77,224,000) at an annual interest rate of 5.87%[81] Revenue Streams - Revenue from external customers for 2025 reached RMB 1,118,404 thousand, a 23.3% increase from RMB 906,846 thousand in 2024[28] - Sales of products under contract manufacturing services (CMS) amounted to RMB 609,642 thousand in 2025, up from RMB 575,413 thousand in 2024, reflecting a growth of 5.2%[32] - The wholesale business saw significant growth, with revenue reaching approximately RMB 482,200,000, marking an increase of about 57.7% year-on-year[98] - The company's total sales of products in the US market reached RMB 111,515 thousand in 2025, up from RMB 96,524 thousand in 2024, showing a growth of 15.5%[28] Expenses and Costs - The selling costs for the period were approximately RMB 966,800,000, an increase of about 26.4% compared to the previous year[99] - Selling expenses amounted to approximately RMB 29.3 million, a 37.6% increase from the previous year, mainly due to higher employee salaries and travel expenses[103] - Administrative and other operating expenses were approximately RMB 70.1 million, reflecting a 6.4% increase, driven by higher employee salaries and depreciation[104] - Net financing costs decreased by approximately 89.1% to RMB 600,000, attributed to the replacement of high-interest loans with lower-interest loans[105] Research and Development - Research and development costs for 2025 included employee benefits of RMB 9,062 thousand, an increase from RMB 7,779 thousand in 2024, representing a growth of 16.5%[38] - The group plans to continue investing in the research, development, production, and sales of medicinal and edible aerosol products through its subsidiaries in China[126] - By 2026, the group aims to strengthen its supply chain, control procurement costs, and enhance R&D capabilities to develop high-value products and expand market share[127] Corporate Governance - The company has complied with the corporate governance code, except for the combined roles of the chairman and CEO, which are held by the same individual[129] - The audit committee has held three meetings during the reporting period to review financial performance and internal controls[132] - The remuneration committee held two meetings during the reporting period to review the compensation of individual executive directors and senior management[136] - The nomination committee also conducted two meetings to review the board's structure, size, composition, and diversity during the reporting period[138] Future Outlook - The company plans to continue expanding its product lines in home and automotive care, as well as personal care products, to drive future growth[7] - The company plans to continue expanding its e-commerce sales channels and developing high-value-added products[94] - The group will continue to expand its sales network and platforms to achieve business growth and explore other investment opportunities[126] Legal Matters - The company has been awarded a favorable judgment by the Hong Kong High Court, ordering the seller to pay a total compensation of RMB 2,827,500,000 for breaches of the acquisition agreement[124] - The board is seeking legal advice to pursue claims against the seller and/or the operating company for audited financial statements from previous fiscal years[123] Accounting Policies - The group has adopted the revised Hong Kong Accounting Standard 21 regarding the lack of convertibility, which did not impact the financial statements as the functional currency is convertible[14] - The group has changed its accounting policy for land and buildings from a cost model to a revaluation model, resulting in a revaluation surplus of RMB 80,583,000, net of deferred tax of RMB 23,103,000[15] - The group has not early adopted any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[17]

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，亦明確表示概不就因本公告全部或任何 部份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。 承董事會命 中國綠島科技有限公司 主席兼執行董事 China Ludao Technology Company Limited 中 國 綠 島 科 技 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2023） 董事會會議通知 中國綠島科技有限公司（「本公司」）董事會（「董事會」）謹此宣佈將於二零二六年 三月二十七日（星期五）下午二時正在香港灣仔皇后大道東248號大新金融中心20 樓2003室會議室召開董事會會議，藉以（其中包括）考慮及酌情批准本公司及其附 屬公司截至二零二五年十二月三十一日止年度之經審核全年業績及其刊發，以及 考慮建議派發二零二五年度末期股息（如有）。 於本公告日期，董事會成員包括三名執行董事，即虞岳榮先生、王小兵先生及潘伊 莉女士；及三名獨立非執行董事，即陳彥璁先生、阮連法先生及丘潔娟女士。 虞岳榮 香港，二零二六年三月十七日 ...

FF301 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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國綠島科技有限公司 （於開曼群島註冊成立的有限公司） 呈交日期: 2026年3月3日 I. 法定/註冊股本變動 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 02023 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 491,800,000 0 491,800,000 增加 / 減少 (-) 0 0 本月底結存 491,800,000 0 491,800,000 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | | --- | --- | | 已符合適 ...

Group 1 - The core viewpoint of the article is that China Green Island Technology (02023) expects a significant increase in consolidated revenue for the fiscal year 2025, projecting an increase of no less than 15% compared to approximately RMB 907 million in the same period of 2024 [1] - The board of directors attributes the anticipated increase in consolidated revenue primarily to the growth in sales of the company's main products [1]

Group 1 - The core viewpoint of the article is that China Green Island Technology (02023.HK) expects a significant increase in consolidated revenue for the fiscal year ending December 3, 2025, with an anticipated growth of at least 15% compared to the revenue of approximately RMB 907 million for 2024 [1] Group 2 - The expected increase in consolidated revenue is primarily attributed to the growth in sales of the company's main products [1]

Core Viewpoint - China Green Island Technology (02023) expects a significant increase in consolidated revenue for the fiscal year 2025, projecting an increase of no less than 15% compared to the revenue of approximately RMB 907 million in 2024, primarily driven by sales growth of the company's main products [1] Group 1 - The company anticipates consolidated revenue for 2025 to exceed RMB 1.04 billion, reflecting a growth of at least 15% from the previous year [1] - The board attributes the expected revenue increase mainly to the growth in sales of the company's key products [1]

中 國 綠 島 科 技 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2023） 內幕消息－最新收入情況 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。 China Ludao Technology Company Limited 本公告乃由中國綠島科技有限公司（「本公司」，連同其附屬公司統稱「本集團」） 根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及香港法例 第571章證券及期貨條例第XIVA部項下的內幕消息條文（定義見上市規則）作出。 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，根據對本集團截至二零二五年十二月三十一日止年度（「年度期間」）之未經審 核綜合管理賬目之初步審閱及評估，本集團預期年度期間錄得的綜合收入較二零 二四年同期收入約人民幣907,000,000元增加不少於15%。董事會認為於年度期間 綜合收入之預期增加主要歸因於本集團主 ...

FF301 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: 2026年1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: 中國綠島科技有限公司 （於開曼群島註冊成立的有限公司） 呈交日期: 2026年2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) | 02023 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | 本月底法定/註冊股本總額： HKD 2 ...

FF301 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: 中國綠島科技有限公司 （於開曼群島註冊成立的有限公司） 呈交日期: 2026年1月6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) | 02023 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | ...

Core Viewpoint - The recent appointment of Li Yingyao as the Deputy Secretary of the Provincial Financial Work Committee has been officially confirmed during a collective study session of the Shanxi Rural Commercial Bank's Party Committee [1][4]. Group 1: Appointment Details - Li Yingyao has officially taken on the role of Deputy Secretary of the Provincial Financial Work Committee as of December 9 [1][4]. - His previous position as the President of Shanxi Bank has been vacated due to his new appointment [3][6]. Group 2: Professional Background - Li Yingyao, born in October 1972 in Shanxi, holds a bachelor's degree and an MBA, with extensive experience in the financial sector, including roles in state-owned banks and local rural credit systems [3][6]. - His career includes significant positions such as Deputy Director of the Office and Party Committee Office at the Shanxi Branch of Industrial and Commercial Bank, and Deputy General Manager of the Human Resources Department [3][6]. - From August 2020 to April 2024, he served as a member of the Party Committee and Deputy Director of the Shanxi Rural Credit Cooperative Union, and as a Vice President of Shanxi Rural Commercial Bank [3][6].