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佈全部或任何部 分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 (i) 於相應期間內，一次性確認宜興項目就投資激勵產生的其他投資收入約 4,700,000港元；及 (ii) 由於特定項目的進度延誤及新取得項目整體毛利率較低，本集團建築業務財務 業績減少，自相應期間溢利約5,100,000港元減少至本期間近盈虧平衡水平。 本公佈所載資料僅基於董事會對本集團本期間的未經審核綜合管理賬目所作的初步 評估及董事會目前可得的資料，而有關賬目及資料可能須於董事會進一步內部審閱 以及本公司的審核委員會審閱後再作調整。本集團本期間財務表現的詳情將載於本 公司的中期業績公佈。 NEW CONCEPTS HOLDINGS LIMITED 創 業 集 團（ 控 股 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2221） 內幕消息 盈利警告 本公佈由創業集團（控股）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」） ...

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，概不對因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 創業集團（控股）有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於2024 年11月20日（星期三）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2024年9月30日止六個月的中期業績，以及建議派發中期股息（如有）。 承董事會命 創業集團（控股）有限公司 主席兼執行董事 朱勇軍 NEW CONCEPTS HOLDINGS LIMITED 創 業 集 團（ 控 股 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2221） 董事會會議舉行日期 香港，2024年11月8日 於本公佈日期，執行董事為朱勇軍先生、潘軼旻先生及李錫勛先生；非執行董事為 林家匡先生；而獨立非執行董事為杜芸女士、羅俊超先生、唐嘉樂博士及蔡偉石先 生， 榮譽勳章，太平紳士 。 ...

NT 創業集團(控股)有限公司 NEW CONCEPTS HOLDINGS LIMITED (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：2221 2024 ANNUAL REPORT 年 報 CONTENTS 目錄 | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|------------------------------------------------------------------|-------| | | | | | | Corporate Information 公司資料 | 2 | Consolidated Statement of Profit or Loss and | 89 | | Chairman's State ...

於2024年2月，本集團與獨立第三方訂立買賣協 議，據此，本集團自該等獨立第三方收購山西天 和60%股權，代價為人民幣500,000元。山西天和 將於山西省內從事病死畜禽無害化處理業務。 H n In the anode materials industry, apart from the expansion of production capacity by major suppliers, there has been a continuous influx of numerous new suppliers. Additionally, the decline in raw material prices has led to intense competition in the market for anode materials. 前景 (iii) new energy materials. business As disclosed in the 2022 and 2023 annual reports, the Group entered into a sale and purchase agr ...

Financial Performance - The Group recorded consolidated revenue of HK$307.1 million for the six months ended September 30, 2023, representing a 6.1% increase from HK$289.5 million in the same period of 2022[23]. - Gross profit increased to HK$40.8 million, a significant rise of 58.2% compared to HK$25.8 million in 1H2022, resulting in a gross profit margin increase from 4.1% to 9.6%[23][27]. - Loss attributable to the owners of the Company was HK$6.4 million, a 51.6% improvement from a loss of HK$13.3 million in 1H2022[23]. - Losses per share improved to HK(0.42) cents from HK(1.06) cents in the previous year, reflecting a 60.4% reduction in losses[23]. - The Group's overall performance was positively impacted by projects with higher gross profit margins undertaken during the period[27]. - The Group's revenue increased by approximately 6.1% to about HKD 307.1 million for the six months ended September 30, 2023, compared to HKD 289.5 million for the same period in 2022, driven by growth in construction business despite a decline in environmental business[171]. - Loss attributable to owners of the Company decreased to approximately HK$6,443,000 from approximately HK$13,319,000 in the corresponding period[183]. - Basic loss per share improved to 0.42 HK cents from 1.06 HK cents in the previous year[190]. Business Segments - The construction business generated revenue of approximately HK$260.5 million, marking a 13.4% increase from HK$229.8 million in 1H2022, attributed to a higher number of sizable projects undertaken[24][25]. - Revenue from the Environmental Protection Business decreased by approximately 21.9% to HK$46.6 million, down from HK$59.7 million in 1H2022[30]. - Revenue from kitchen waste treatment related business amounted to HK$38.1 million, a decrease from HK$59.7 million in the previous year, primarily due to reduced construction revenue from the Xuancheng Plant[30]. - The Group's environmental protection business portfolio is expanding into graphene technology and modified graphite anode materials[105]. - The Group is considering expanding its environmental business portfolio to include new energy materials in response to the Chinese government's promotion of renewable energy applications[141]. Project Updates - As of September 30, 2023, the Group had 4 projects in progress with an aggregate contract value of approximately HK$1,080.7 million, all on schedule[37]. - The Group's ongoing projects include Mount Parker Road, Mei Tung Estate, Lamma Pipe Pile, and Hospital Road, all focused on foundation works[40]. - The Hefei Plant's capacity is around 200 tons per day, and the Group completed the acquisition of the remaining 40% equity interests for RMB38.5 million (approximately HK$43.75 million) during the period, making it wholly-owned[42][50]. - Xuancheng Plant has a planned capacity of 300 tons per day and was granted permission to commence trial commercial operations, with treatment volume gradually increasing to 70 tons per day by the end of September 2023[43][64]. - Dunhua Plant has a planned capacity of 210 tons per day but has not commenced any business or construction as of September 30, 2023, due to ongoing land expropriation processes[54][67]. - Guoyang Plant has a planned capacity of 126 tons per day, and the Group obtained land use rights for construction as of September 30, 2023, but has not yet started any business or construction[56][65]. - The Group's Hanzhong Plant has not commenced any business or construction as of September 30, 2023, while negotiations with the municipal government are ongoing[59][60]. - The Xuancheng Plant's construction was completed in two phases, with the first phase finished by March 31, 2023[49]. - The Group's total planned capacity across its projects reflects a significant commitment to increasing operational capabilities in waste management[43][50]. - The construction of the Yixing Plant has commenced following the acquisition of a formal construction permit, with the land use right classified as investment properties[138]. Financial Position - Total assets decreased by approximately 3.9% to approximately HK$993.0 million from approximately HK$1,033.0 million as of 31 March 2023[193]. - Bank balances and cash decreased to approximately HK$114.9 million from approximately HK$134.5 million as of 31 March 2023[193]. - Total interest-bearing loans decreased to approximately HK$189.2 million from approximately HK$203.0 million as of 31 March 2023[194]. - Administrative expenses decreased from approximately HK$56.6 million to HK$52.6 million, primarily due to a decrease in exchange loss[195]. - Finance costs increased from approximately HK$5.8 million to HK$6.4 million due to an increase in the Group's overall borrowing level[196]. - Other income and gains decreased from approximately HK$27.1 million to HK$8.8 million, mainly due to reduced machinery rental income[198]. Future Outlook - The management remains optimistic about future growth opportunities in both construction and environmental protection sectors despite the challenges faced in the Environmental Protection Business[30]. - The Group aims to strengthen internal management to improve operational and profit quality amidst challenges in the kitchen waste project sector[169]. - The future growth of kitchen waste processing projects is expected to be concentrated in third and fourth-tier cities and some rural areas, driven by national advocacy and industry development[174]. - The Group remains optimistic about the construction industry in Hong Kong due to increased land supply for housing developments[182].

內 文 Hong Kong Exchanges and Clearing Limited and The 香港交易及結算所有限公司及香港聯合交易所有限公 Stock Exchange of Hong Kong Limited take no 司對本公佈的內容概不負責，對其準確性或完整性亦不 responsibility for the contents of this announcement, 發表任何聲明，並明確表示，概不對因本公佈全部或任 make no representation as to its accuracy or 何部分內容而產生或因倚賴該等內容而引致的任何損 跟 completeness and expressly disclaim any liability 失承擔任何責任。 whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 年 之 報 後 NEW CONCEPTS HOLDINGS ...

Business Expansion and Strategic Focus - The Group entered the anode material sector through a joint venture, targeting applications in power batteries, energy storage, and portable electronic products, with expectations for significant growth driven by domestic policy and demand [18][29]. - The Group anticipates that the anode material business will become a driving force for development, supported by strong domestic demand for energy solutions [18][29]. - The Group will continue to optimize management and innovation in response to intensified competition in the environmental protection industry in mainland China, shifting focus from expansion to quality [21][28]. - The Group's strategic focus includes enhancing operational management and innovation to adapt to the evolving national environmental protection market [21][28]. - The Group aims to enhance its market presence through these new facilities and technologies [163]. Financial Performance - Overall demand has not fully recovered due to global economic stagnation, inflation, and interest rate hikes, impacting performance in the first quarter of 2023 [12][16]. - The financial position remains complex, with the need for continued adaptation to market changes and economic conditions [16][12]. - Revenue for the year ended March 31, 2023, was HK$545,189,000, a decrease of 16.7% from HK$654,851,000 in 2022 [75]. - Gross profit for the same period was HK$53,564,000, down 35.3% from HK$82,799,000 in the previous year [75]. - The company reported a loss before tax of HK$14,706,000 compared to a profit of HK$29,169,000 in 2022 [75]. - The net loss for the year was HK$18,722,000, contrasting with a profit of HK$17,085,000 in the prior year [75]. - Basic and diluted loss per share was HK$1.60, compared to earnings of HK$0.53 per share in 2022 [75]. - Total comprehensive loss for the year amounted to HK$35,258,000, a decrease from a total comprehensive income of HK$22,595,000 in 2022 [97]. - Loss attributable to owners of the Company amounted to approximately HK$20.8 million in FY2023, compared to a profit of approximately HK$2.1 million in the prior year [174]. Asset Management and Liabilities - As of March 31, 2023, the aggregate carrying amount of operating concessions after impairment was HK$246,519,000, representing approximately 24% of the Group's total assets [41]. - The aggregate carrying amount of trade and retention receivables, deposits, and other receivables was HK$446,883,000, which accounted for approximately 43% of the Group's total assets as of March 31, 2023 [43]. - The accumulated losses as of March 31, 2023, were HK$525,070,000, a slight improvement from HK$504,533,000 in the previous year [103]. - The company assessed impairment of trade and retention receivables, which included significant estimates based on customer creditworthiness and historical write-off experiences [65]. Operational Developments - The construction of the Hanzhong Plant, an 80%-owned subsidiary, is yet to commence as of March 31, 2023, pending negotiations with the municipal government [31]. - The construction of Hancheng Plant has been pending since FY2020 due to design deficiencies and administrative penalties, with no agreement reached for modifications [139]. - The Group completed a total of 4 projects in FY2023, down from 6 projects in FY2022, and secured 2 new projects with an aggregated contract value of approximately HK$957.3 million [153]. - The Group's revenue from the Xuancheng Plant is still under trial operation as of the report date [161]. - The Group is focused on expanding its capacity through new projects like Xuancheng, Dunhua, and Guoyang Plants [163]. Shareholder Engagement and Corporate Governance - The Company is scheduled to hold its Annual General Meeting on August 15, 2023, where key committee members will address shareholder questions [38]. - The Company emphasizes the importance of assessing the economic performance of each cash-generating unit for impairment indicators [42]. - The Company is committed to complying with the Cayman Islands Companies Law regarding dividend declarations and payments [59]. - The company communicated with the Audit Committee regarding significant audit findings and compliance with independence requirements [74]. Market Conditions and Future Outlook - The overall market environment remains challenging, with ongoing adjustments required to navigate economic uncertainties [12][16]. - The construction industry in Hong Kong faces challenges due to rising material costs from global inflation, but the Group remains conservatively optimistic about long-term demand due to government land supply policies [174]. - The National Development and Reform Commission's "14th Five-Year Plan" aims for new energy storage to enter large-scale development by 2025, which is expected to drive strong demand for anode materials [174].

內 文 Hong Kong Exchanges and Clearing Limited and The 香港交易及結算所有限公司及香港聯合交易所有限公 Stock Exchange of Hong Kong Limited take no 司對本公佈之內容概不負責，對其準確性或完整性亦不 responsibility for the contents of this announcement, 發表任何聲明，並明確表示，概不對因本公佈全部或任 make no representation as to its accuracy or 何部分內容而產生或因倚賴該等內容而引致之任何損 跟 completeness and expressly disclaim any liability 失承擔任何責任。 whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 年 之 報 後 NEW CONCEPTS HOLDINGS ...

Financial Performance - Consolidated revenue for the six months ended September 30, 2022, was HK$289.5 million, a decrease of 7.64% from HK$313.5 million in the corresponding period of 2021[19] - Gross profit for the same period was HK$25.8 million, down 10.65% from HK$28.9 million in 1H2021[19] - Loss attributable to the owners of the Company was HK$13.3 million, compared to a loss of HK$4.5 million in 1H2021, representing an increase of 194.0%[19] - Losses per share increased to HK(1.13) cents from HK(0.48) cents, a rise of 135.42%[19] - The Group's revenue decreased by approximately 7.6% to approximately HK$289.5 million compared to HK$313.5 million in the corresponding period[83] - Loss attributable to owners of the Company amounted to approximately HK$13.3 million, compared to a loss of approximately HK$4.5 million in the previous period[84] - Basic loss per share was HK1.13 cents, an increase from HK0.48 cents in the corresponding period[88] - Loss before tax for the period was HK$9,411,000, compared to a loss of HK$6,775,000 in the prior year, indicating a worsening of 38.4%[194] - The net loss for the period attributable to the owners of the Company was HK$13,319,000, compared to a loss of HK$4,531,000 in the previous year, representing an increase in loss of 194.5%[194] - Total comprehensive income for the period was HK$(35,395,000), significantly lower than HK$(3,299,000) in the same period last year[197] Revenue Breakdown - Revenue from the construction business was approximately HK$229.8 million, a decrease of 17.7% compared to HK$279.2 million in 1H2021[23] - Revenue from the Environmental Protection Business increased by approximately 74.6% to approximately HK$59.7 million, up from HK$34.2 million in the first half of 2021[33] - Revenue from kitchen waste treatment amounted to HK$59.7 million, with a decrease in overall treatment volume offset by construction revenue from Xuancheng Plant[34] Project Updates - As of September 30, 2022, the Group had 5 projects in progress with an aggregate contract value of approximately HK$957.9 million, all on schedule without increasing contingent liabilities[29] - The Xuancheng Plant's Phase 1 construction has been completed and is currently applying for trial commercial operation[48] - The Dunhua Plant has been granted an exclusive concession right to operate a kitchen waste plant with a capacity of 200 tons per day for a term of 30 years[46] - The Guoyang Plant has a planned capacity of 126 tons per day, with a service concession agreement entered in March 2022, but construction has not commenced as of September 30, 2022[50] Financial Position - Total assets decreased by approximately 2.9% to approximately HK$789.1 million from HK$812.6 million[95] - The gearing ratio improved to approximately 35.7% from 42.3% as a result of decreased borrowings[100] - The Group had bank balances and cash of approximately HK$70.7 million, down from approximately HK$117.5 million[95] - Total non-current assets decreased from 416,773 to 388,215, a decline of approximately 6.8%[200] - Current assets increased from 395,831 to 400,846, reflecting a growth of about 1.3%[200] - Cash and cash equivalents decreased significantly from 117,458 to 70,695, a drop of approximately 40%[200] Administrative and Other Expenses - Administrative expenses rose from approximately HK$45.3 million to HK$56.6 million, largely due to an exchange loss of approximately HK$19.8 million[93] - Other income and gains increased from approximately HK$23.2 million to HK$27.1 million, primarily due to compensation for guaranteed revenue from the Hefei Plant[91] - Finance costs decreased by approximately 57.7% from HK$13.7 million to HK$5.8 million due to a reduction in overall borrowing levels[94] Share Capital and Options - The Company completed a subscription agreement on October 28, 2022, issuing 129,624,000 shares at a price of HKD 0.27 each, raising gross proceeds of approximately HKD 34.99 million[73] - A placing agreement was entered into on November 16, 2022, for the placement of up to 98,330,026 new shares at a price of HKD 0.385 per share, with 98,000,000 shares allotted and issued by December 2, 2022[78] - The total number of shares that may be issued upon exercise of all options under the Share Option Scheme is 572,900,134 shares[125] - The total outstanding share options as of September 30, 2022, amount to 33,648,000[138] Corporate Governance - The Company has complied with the corporate governance code provisions during the period[189] - The Audit Committee reviewed the interim financial information and confirmed compliance with applicable accounting principles and legal requirements[191] - The Company did not purchase, sell, or redeem any of its listed securities during the period[185] - All directors confirmed compliance with the required standards regarding their securities transactions during the reporting period[182] Strategic Focus - The Group's strategic focus aligns with China's increased efforts in environmental protection during the 14th Five-Year Plan, particularly in the niche of harmless and resource utilization sectors[80] - The Group is actively seeking to become an integrated organic waste solutions provider to capture opportunities in kitchen-related organic waste[81]

Financial Performance - The Group reported a profit of approximately HK$17.1 million for FY2022, a significant improvement from a loss of HK$63.6 million in FY2021[15]. - The Group's revenue increased by approximately 10.7% to approximately HK$654.9 million for the year, compared to HK$591.5 million in FY2021, driven by growth in the Environmental Protection Business[93]. - Profit attributable to owners of the Company was approximately HK$5.5 million, a significant recovery from a loss of approximately HK$55.0 million in the prior year[94]. - Basic and diluted earnings per share improved to HK0.53 cents, compared to a loss per share of HK7.24 cents for the prior year[97]. - Other income and gains increased from approximately HK$56.8 million to HK$65.3 million, primarily due to gains from the disposal of assets and reversal of impairment[95]. - Administrative expenses decreased by 15.9% from approximately HK$113.0 million in FY2021 to HK$95.0 million in FY2022[98]. - Finance costs decreased by approximately 45.4% from approximately HK$38.3 million to approximately HK$20.9 million, attributed to a reduction in overall borrowing levels[100]. - The audit opinion for FY2022 indicated that the material uncertainty regarding going concern is no longer applicable due to measures taken to strengthen the financial position[109]. Construction Segment - Revenue from the construction segment was approximately HK$453.1 million, representing a decrease of 10.3% from approximately HK$504.9 million in FY2021[23]. - The overall gross profit margin for the construction business was approximately 10.8%, consistent with the previous year's margin of 10.4%[24]. - Approximately 75.1% of the construction segment revenue was contributed by public sector foundation projects[25]. - Key contributors to the construction revenue included a foundation project in Wang Chiu Road contributing approximately HK$294.3 million and another project in Tuen Mun Hin Fat Lane contributing approximately HK$45.5 million[25]. - The construction segment generated revenue of approximately HK$453.1 million in FY2022, a decrease of 10.3% from HK$504.9 million in FY2021, primarily due to a reduction in the number of large projects undertaken[28]. - The Group completed a total of 6 projects in FY2022, down from 9 projects in FY2021, and secured 6 new projects with an aggregated contract value of approximately HK$118.9 million, significantly lower than HK$523.7 million in FY2021[31]. Environmental Protection Business - Revenue from the Environmental Protection Business increased by approximately 133% to approximately HK$201.8 million in FY2022, compared to approximately HK$86.6 million in FY2021[34]. - Revenue generated from kitchen waste treatment amounted to approximately HK$201.8 million in FY2022, up from approximately HK$61.8 million in FY2021, mainly due to construction revenue from Xuancheng Plant[37]. - The Taiyuan Plant contributed revenue of approximately HK$20.2 million to the Group prior to its disposal, compared to approximately HK$36.3 million in FY2021[38]. - The Hefei Plant's treatment volume decreased to around 160 tons per day since June 2021 due to competition from other plants, but it resumed normal operations after a temporary decline caused by COVID-19[43]. - Hefei Plant recognized a partial reversal of impairment of approximately HK$24,083,000 due to increased demand and selling prices for used cooking oil, a by-product of the plant[44]. - The Xuancheng Plant generated revenue of approximately RMB118,169,000 (approximately HK$144,109,000) from construction activities, with profit of RMB17,725,000 (approximately HK$21,616,000) during the year[52]. Strategic Initiatives and Future Plans - The Company is actively seeking business opportunities in the environmental protection sector, particularly in kitchen waste treatment, driven by new policies under the "14th Five-Year Plan"[17]. - The Group plans to leverage its technical processes in kitchen waste treatment and actively seek partnerships to develop new technologies and business opportunities[89]. - The Group entered into a cooperation agreement for a production and R&D project in Yixing, Jiangsu, with a total investment of approximately US$160 million, of which phase 1 is approximately US$40 million[81]. - The Group established a joint venture, Yisheng Zhihui, with a registered capital of US$10 million, holding a 62.5% stake[72]. - The principal activities of Yisheng Zhihui include sales, manufacturing, and R&D of environmental protection equipment, with plans to bid for a land parcel in Xi'an National Hi-tech Industries Development Zone[69]. Corporate Governance and Compliance - The Company has adopted a compliance manual for corporate governance, ensuring adherence to the CG Code during the year[141]. - The effectiveness of the Company's risk management and internal control systems was reviewed by the Audit Committee[150]. - The Group emphasizes corporate governance and compliance through its independent non-executive directors[169]. - The annual report is accompanied by audited consolidated financial statements, ensuring transparency and accuracy in financial reporting[179]. Market Conditions and Challenges - The overall market is expected to remain volatile due to high commodity prices and rising interest rates[16]. - The construction market in Hong Kong is expected to benefit from government public expenditure commitments, despite challenges from rising material and labor costs[90]. - The resurgence of COVID-19 did not significantly impact the business performance or disrupt construction operations[26]. Financial Position and Capital Management - As of March 31, 2022, the Group had bank balances and cash of approximately HK$117.5 million, up from approximately HK$66.7 million a year earlier[102]. - Total interest-bearing loans decreased to approximately HK$80.8 million from approximately HK$150.9 million as of March 31, 2021[103]. - The gearing ratio improved to approximately 42.3% as of March 31, 2022, compared to approximately 150.2% as of March 31, 2021, primarily due to a decrease in overall borrowings[110]. - The group pledged assets, including property, plant, and equipment with carrying values of approximately HK$45.3 million as of March 31, 2022, down from approximately HK$84.4 million as of March 31, 2021[111].