Core Viewpoint - Rongyang Industrial (02078) reported a significant decline in revenue and a net loss for the six months ending June 30, 2025, primarily due to weak market sentiment and reduced order volumes across key segments [1] Financial Performance - Revenue for the period was HKD 243 million, representing a year-on-year decrease of 44.1% [1] - The company recorded a net loss of HKD 26.39 million, compared to a profit of HKD 5.896 million in the same period last year [1] - Basic loss per share was HKD 0.022 [1] Segment Performance - Solar frame revenue decreased by approximately 46.6% [1] - Consumer electronics revenue fell by about 49.7% [1] - Electric vehicle segment saw a decline of around 9.0% [1] - Industrial products revenue dropped by approximately 54.2% [1] Market Conditions - Overall revenue decline attributed to weak market sentiment and a reduction in order volumes, particularly in the solar frame segment and other major areas experiencing a slowdown [1]

Core Viewpoint - Rongyang Industrial (02078) reported a significant decline in revenue and a net loss for the six months ending June 30, 2025, primarily due to weak market sentiment and reduced order volumes across key segments [1] Financial Performance - Revenue for the period was HKD 243 million, representing a year-on-year decrease of 44.1% [1] - The company recorded a net loss of HKD 26.39 million, compared to a profit of HKD 5.896 million in the same period last year [1] - Basic loss per share was HKD 0.022 [1] Segment Performance - Solar frame revenue decreased by approximately 46.6% [1] - Electronic consumer products revenue fell by about 49.7% [1] - Electric vehicle segment revenue declined by 9.0% [1] - Industrial products revenue saw a significant drop of 54.2% [1]

Core Viewpoint - Rongyang Industrial (02078.HK) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, indicating potential challenges in its operational performance [1] Financial Performance - The company's revenue for the period was approximately HKD 242.8 million, representing a year-on-year decrease of 44.0% [1] - The gross profit margin was about 11.8%, down 5.4% from approximately 17.2% in the same period of 2024 [1] - The loss attributable to the company's owners was approximately HKD 26.4 million, compared to a loss of about HKD 5.9 million in the same period of 2024 [1]

Financial Performance - Revenue for the six months ended June 30, 2025, was approximately HKD 242.8 million, a decrease of 44.0% compared to approximately HKD 433.9 million for the same period in 2024[2]. - Gross profit for the same period was approximately HKD 28.7 million, down 61.5% from approximately HKD 74.6 million in 2024[2]. - Gross margin decreased to approximately 11.8%, down 5.4% from approximately 17.2% in the previous year[2]. - Loss attributable to owners of the company was approximately HKD 26.4 million, compared to a loss of approximately HKD 5.9 million in the same period of 2024[2]. - Basic loss per share was HKD 2.20, compared to earnings of HKD 0.49 per share for the six months ended June 30, 2024[2]. - The company reported a net loss of HKD 26,394,000 for the six months ended June 30, 2025, compared to a profit of HKD 5,896,000 in the previous year[6]. - Basic and diluted loss per share for the period was HKD 0.49, compared to a profit of HKD 0.18 per share in 2024[6]. - The attributable profit for the period was approximately HKD 26.4 million, a significant decrease of about 547.5% compared to HKD 5.9 million for the same period last year[43]. Assets and Liabilities - Total assets as of June 30, 2025, were HKD 1,146.6 million, down from HKD 1,414.0 million as of December 31, 2024[4]. - Total liabilities were HKD 437.6 million as of June 30, 2025, compared to HKD 682.1 million as of December 31, 2024[5]. - Equity attributable to owners of the company was HKD 708.9 million as of June 30, 2025, down from HKD 731.9 million at the end of 2024[4]. - Cash and cash equivalents were HKD 169.2 million, down from HKD 291.0 million as of December 31, 2024[4]. - The total borrowings as of June 30, 2025, were HKD 216,941,000, with a weighted average interest rate of 3.23%, down from 4.03% as of December 31, 2024[28]. - Trade payables as of June 30, 2025, totaled HKD 10,645,000, a decrease from HKD 12,313,000 as of December 31, 2024[32]. Revenue Breakdown - Revenue from Vietnam was HKD 158,543,000, while revenue from China was HKD 68,569,000 for the six months ended June 30, 2025[21]. - Revenue from solar frames was HKD 158.1 million, accounting for 65.1% of total revenue, a decrease of approximately 46.6% year-on-year[45]. - Revenue from electronic consumer products was HKD 17.7 million, accounting for 7.3% of total revenue, a decrease of approximately 49.7% year-on-year[45]. - Revenue from electric vehicles was HKD 40.3 million, accounting for 16.6% of total revenue, a decrease of approximately 9.0% year-on-year[45]. - Revenue from industrial products was HKD 26.7 million, accounting for 11.0% of total revenue, a decrease of approximately 54.2% year-on-year[45]. Expenses - Administrative expenses increased to HKD 69,704,000 from HKD 57,441,000, reflecting a rise of approximately 21%[6]. - Distribution and selling expenses rose to HKD 12,359,000 from HKD 8,377,000, marking an increase of about 47%[6]. - Selling expenses decreased to approximately 8.4 million HKD from 12.4 million HKD in the same period of 2024, primarily due to reduced transportation costs and sales commissions[49]. - Administrative expenses decreased to approximately 57.4 million HKD from 69.7 million HKD in the same period of 2024, mainly due to a reduction in prepaid expenses[50]. Risk Management - The group faces commodity price risk primarily due to fluctuations in aluminum prices, which could impact financial performance[15]. - The group has established risk management policies to mitigate market, credit, and liquidity risks, which have not changed since the last fiscal year-end[13]. - The company has implemented stricter credit controls in the domestic market as part of its risk management strategy[42]. - The geopolitical tensions and changing trade policies have negatively impacted customer confidence and order volumes[42]. Corporate Governance - The financial statements were approved for publication by the board on August 25, 2025, ensuring compliance with relevant regulations[9]. - The audit committee reviewed the accounting principles and practices adopted by the group for the period[74]. - The interim financial results have been reviewed by the audit committee but are unaudited[75]. - The company announced the appointment of new executive directors, including Mr. Pan Zhaolong and Mr. He Baiyao[78]. - The board includes independent non-executive directors, such as Dr. Zhang Huaqiang, Mr. Chen Qinen, and Mr. Wen Yaoguang[78]. Employee and Operational Metrics - Employee costs for the period amounted to approximately HKD 32.9 million, down from HKD 34.1 million in the same period last year[66]. - The group employed approximately 615 employees as of June 30, 2025, a decrease from 720 employees as of December 31, 2024[66]. Future Outlook - The company anticipates continued challenges in the market due to weak demand in several sectors and macroeconomic uncertainties, but is focused on maintaining long-term profitability and creating shareholder value[56].

Core Viewpoint - Rongyang Industrial (02078.HK) will hold a board meeting on August 25, 2025, to consider and approve its unaudited interim results for the six months ending June 30, 2025, and to discuss the proposal for an interim dividend, if any [1] Summary by Category - Company Announcement - The board meeting is scheduled for August 25, 2025 [1] - The meeting will focus on the unaudited interim results for the period ending June 30, 2025 [1] - The board will also consider the proposal for an interim dividend [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佈之內容概不 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 佈 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。 承董事會命 榮陽實業集團有限公司 主席兼執行董事 潘兆龍 香 港，二 零 二 五 年 八 月 十 三 日 於 本 公 告 日 期，本 公 司 執 行 董 事 為 潘 兆 龍 先 生 及 何 栢 耀 先 生；本 公 司 非 執 行 董 事 為 林 婉 雯 女 士；及 本 公 司 獨 立 非 執 行 董 事 為 張 華 強 博 士、陳 啟 能 先 生 及 文 耀 光 先 生。 （於開曼群島註冊成立的有限公司） （股份代號：2078） 董事會會議通知 榮 陽 實 業 集 團 有 限 公 司（「本公司」）董 事 會（「董事會」）宣 佈，本 公 司 將 於 二 零 二 五 年 八 月 二 十 五 日（星 期 一）舉 行 董 事 會 會 議 藉 以（其 中 包 括）考 慮 及 批 准 本 公 司 ...

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: 榮陽實業集團有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2025年8月1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) | 02078 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,400,000,000 | HKD | | 0.1 HKD | | 240,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,400,000,000 | HKD | | 0.1 HKD | | 240,000,000 | 本月底法定/ ...

Core Viewpoint - Rongyang Industrial (02078.HK) is expected to report a loss of approximately HKD 26.6 million for the six months ending June 30, 2025, compared to a profit of approximately HKD 5.9 million for the same period ending June 30, 2024 [1] Financial Performance - Revenue is projected to decline from approximately HKD 430 million for the six months ending June 30, 2024, to approximately HKD 240 million for the six months ending June 30, 2025 [1] - Gross margin is expected to decrease from approximately 17.2% for the six months ending June 30, 2024, to approximately 11.8% for the six months ending June 30, 2025 [1] Contributing Factors - The shift from profit to loss is primarily attributed to ongoing geopolitical tensions, changing trade policies, and slower-than-expected economic recovery in several key markets, which have negatively impacted customer sentiment and order volume [1] - The decline in order volume has limited cost absorption and increased production costs, further contributing to the reduced gross margin [1]

Core Viewpoint - Rongyang Industrial (02078) is expected to report a loss of approximately HKD 26.6 million in the first half of 2025, contrasting with a profit of about HKD 5.9 million in the first half of 2024 [1] Financial Performance - Revenue is projected to decline from approximately HKD 433.9 million in the same period of 2024 to HKD 242.8 million [1] - Gross margin is expected to decrease from around 17.2% in 2024 to approximately 11.8% [1] Contributing Factors - The shift from profit to loss is primarily attributed to ongoing geopolitical tensions, changing trade policies, and a slower-than-expected economic recovery in several key markets, which have negatively impacted customer sentiment and order volume [1] - The decline in order volume has limited cost absorption and increased production costs, further affecting profitability [1]

Core Viewpoint - Rongyang Industrial (02078) is expected to report a loss of approximately HKD 26.6 million in the first half of 2025, following a profit of about HKD 5.9 million in the first half of 2024 [1] Financial Performance - Revenue is projected to decline from approximately HKD 433.9 million in the first half of 2024 to HKD 242.8 million in the first half of 2025 [1] - Gross margin is expected to decrease from around 17.2% in the first half of 2024 to approximately 11.8% in the first half of 2025 [1] Contributing Factors - The shift from profit to loss is attributed to ongoing geopolitical tensions, changing trade policies, and a slower-than-expected economic recovery in several key markets, which have negatively impacted customer sentiment and order volume [1] - The decline in order volume has limited cost absorption and increased production costs, further affecting profitability [1]