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依賴 該等內容而引致的任何損失承擔任何責任。 HAICHANG OCEAN PARK HOLDINGS LTD. 海昌海洋公園控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2255） 公司秘書、授權代表及法律程序代理人之變動 海昌海洋公園控股有限公司 執行董事兼主席 海昌海洋公園控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈， 蘇麗珊女士（「蘇女士」）自2026年3月31日起：已辭任本公司之公司秘書（「公司秘 書」）；香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第3.05條 規定的本公司授權代表（「授權代表」）；以及上市規則第19.05(2)條及香港法例第 622章公司條例第16部所規定代表本公司於香港接收送達之法律程序文件及通知 之本公司授權代表（「法律程序代理人」）。 蘇女士已確認，彼與董事會並無意見分歧，亦無其他有關彼辭任之事宜須提呈本 公司股東及聯交所垂注。 蘇女士辭任後，董事會欣然宣佈， ...

Financial Performance - Haichang Ocean Park Holdings Ltd. reported a total revenue of RMB 1,549,161,000 for the year ending December 31, 2025, a decrease of 14.8% compared to RMB 1,818,358,000 in 2024[4] - The cost of sales for the year was RMB 1,245,530,000, resulting in a gross profit of RMB 303,631,000, down 27.5% from RMB 418,965,000 in the previous year[4] - The company recorded a net loss of RMB 983,562,000 for 2025, compared to a net loss of RMB 749,511,000 in 2024, reflecting a year-over-year increase in losses of 31.1%[4] - Basic and diluted loss per share for the year was RMB 10.42, compared to RMB 9.12 in 2024, indicating a worsening financial performance[4] - The pre-tax loss for 2025 was RMB 955,875,000, compared to RMB 739,719,000 in 2024, indicating an increase in losses of approximately 29.2% year-over-year[41] - The overall gross profit for the year ending December 31, 2025, was approximately RMB 303.6 million, with a gross profit margin of about 19.6%, down from 23.0% in 2024[72] - The company's net loss for the year ending December 31, 2025, was approximately RMB 983.6 million, compared to a net loss of RMB 749.5 million in 2024[78] Assets and Liabilities - Total non-current assets decreased to RMB 9,337,453,000 from RMB 9,851,854,000 in 2024, a decline of 5.2%[6] - Current assets increased significantly to RMB 1,451,665,000 from RMB 487,699,000 in 2024, marking a growth of 197.5%[6] - The company’s total liabilities amounted to RMB 7,528,341,000, with current liabilities at RMB 3,453,580,000, showing a slight increase from RMB 3,440,618,000 in 2024[7] - The net asset value increased to RMB 2,808,777,000 from RMB 1,815,300,000 in 2024, representing a growth of 54.7%[7] - As of December 31, 2025, the company's net current liabilities amounted to RMB 2,001,915,000[97] - Approximately RMB 206,100,000 of bank and other borrowings were overdue during the year, with about RMB 13,600,000 repaid subsequently[97] Revenue Sources - Revenue from the park operations segment reached RMB 1,477.1 million, contributing significantly to the total revenue of RMB 1,549.2 million[21] - Revenue from customer contracts for the year ended December 31, 2025, was RMB 1,511,474,000, a decrease from RMB 1,785,178,000 in 2024, representing a decline of approximately 15.3%[24] - Ticket sales contributed RMB 800,035,000 to revenue in 2025, while food and beverage sales accounted for RMB 166,629,000, indicating a shift in revenue sources[25] - The park operations segment generated revenue of RMB 1,477.1 million for the twelve months ending December 31, 2025, down from RMB 1,685.2 million in the previous year[51] - Ticket revenue for the parks was RMB 800.0 million in 2025, compared to RMB 895.2 million in 2024, indicating a decrease of approximately 10.6%[51] Operational Strategies - The company plans to continue developing and operating theme parks, property development, and hotel operations to enhance its financial stability[11] - The company is actively seeking new investment and business opportunities to achieve operational profitability and positive cash flow[13] - The company continues to monitor capital expenditures to balance cash resources and control operational costs[13] - The company plans to negotiate with suppliers to extend payment terms for accounts payable based on good cooperative relationships[13] - The company plans to enhance visitor experience by continuously improving the quality and playability of its cultural tourism projects[54] - The company aims to improve operational efficiency and asset quality for existing parks while actively promoting the timely opening of new projects to drive growth[66] Capital Expenditures - Capital expenditures for the year amounted to RMB 461,229,000, with RMB 407,667,000 allocated to park operations[22] - Capital expenditures for the years ending December 31, 2024, and 2025, were RMB 798.3 million and RMB 275.5 million, respectively[79] Corporate Governance - The independent auditor issued an unmodified audit opinion on the consolidated financial statements for the year ended December 31, 2025[96] - The company has adopted the corporate governance code as per the listing rules and has complied with it, except for the combined role of the chairman and CEO[91] - The audit committee consists of three independent non-executive directors, with Mr. Zhu Yucheng as the chairman[93] Market Position and Future Outlook - The company ranked ninth among the top ten theme park operators globally according to the 2024 TEA Global Experience Index[46] - The company has seven theme parks across China as of December 31, 2025[52] - The company plans to shift towards a light-asset service operation model, focusing on cultural tourism service and solution outputs to achieve future asset expansion[66] - The Beijing project is expected to reach operational readiness by 2027, with significant progress already made in construction and land acquisition[61] - The company has successfully implemented IP-themed pop-up events in major cities, exploring diverse commercialization methods for IP operations[65] Risks and Uncertainties - The company emphasizes that forward-looking statements involve risks and uncertainties that may lead to actual results differing significantly from those projected[100]

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依賴 該等內容而引致的任何損失承擔任何責任。 董事會會議通告 海昌海洋公園控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈， 將於2026年3月31日（星期二）舉行董事會會議，以（其中包括）考慮及批准本公司 及其附屬公司截至2025年12月31日止財政年度的經審核期末業績及其刊發，以及 考慮派發期末股息（如有）。 承董事會命 海昌海洋公園控股有限公司 執行董事兼主席 劉江濤 中華人民共和國上海，2026年3月19日 於本公佈日期，董事會包括(i)二名執行董事，即劉江濤先生（主席）及歐陽明先 生；(ii)四名非執行董事，即曲程先生、賴志林先生、李漢強先生及賀其根先生； 及(iii)三名獨立非執行董事，即朱玉辰先生、王軍先生及沈涵女士。 HAICHANG OCEAN PARK HOLDINGS LTD. 海昌海洋公園控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2255） ...

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依賴 該等內容而引致的任何損失承擔任何責任。 HAICHANG OCEAN PARK HOLDINGS LTD. 海昌海洋公園控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2255） 有關董事會組成變動的 補充公告 茲提述海昌海洋公園控股有限公司（「本公司」）日期為2026年1月21日之公佈（「公 佈」），內容有關（其中包括）委任劉江濤先生（「劉先生」）為本公司執行董事。除 本文另有界定者外，本公佈所用詞彙與公佈所界定者具有相同涵義。 本公司謹此提供補充資料，以說明董事會及本公司提名委員會（「提名委員會」）對 劉先生獲委任為本公司董事的評估情況。 董事會及本公司提名委員會評估 根據中國證券監督管理委員會海南監管局（「海南監管局」）發佈的《行政處罰決定 書》（[2024]3號）（「決定書」），劉先生作為凱撒同盛發展股份有限公司（「凱撒同 盛」）時任執行董事及高級管理人員，被認定參與、知悉涉案期間相關非經營性資 金使用，未充分履行職責（「該 ...

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: 海昌海洋公園控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年3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) | 02255 | 說明 | 海昌海洋公園 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 15,000,000,000 | USD | | 0.00005 USD | | 750,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 15,000,000,000 | USD | | 0.00005 USD | | 750, ...

Core Viewpoint - The financial troubles of Yu Faxiang, the head of the "Xiangyuan system," have intensified following a criminal investigation, leading to an unprecedented level of share freezing that indicates a severe debt crisis [1][5]. Group 1: Share Freezing Details - Yu Faxiang's shares in Xiangyuan Tourism Development Co., Ltd. have been subject to a rare triple-level freezing, with a total of 1,138,288,927 shares frozen, which represents 107.94% of the total share capital [2][4]. - The total shares held by the controlling shareholder and its affiliates amount to 612,433,915 shares, accounting for 58.08% of the company's total share capital, all of which have been judicially frozen [2][4]. - The shares frozen include 207,360,000 shares that are pledged, representing 19.66% of the total share capital [2][4]. Group 2: Debt Crisis Background - The share freezing is a consequence of a debt default crisis involving the Xiangyuan system, which has led to significant financial liabilities exceeding 10 billion yuan [5]. - In December 2025, Yu Faxiang was placed under criminal detention, and multiple financial products backed by Xiangyuan Holdings faced repayment failures, with the total amount due reaching over 10 billion yuan [5][10]. - The financial structure involved transferring receivables from a subsidiary to a related party, which then sold financial products to the public, effectively shifting internal risks to external investors [6][7]. Group 3: Impact on Listed Companies - Xiangyuan Tourism, along with other listed companies like Jiaojian Co. and Haichang Ocean Park, have distanced themselves from the financial troubles, asserting that their operations remain unaffected [8][9]. - However, Jiaojian Co. has projected a significant loss for 2025, estimating a net profit of between -700 million yuan and -350 million yuan due to bad debt risks associated with receivables from Xiangyuan Holdings [10].

Group 1: Global Tourism Trends - In January, the UNWTO predicts a slowdown in global tourism growth to 3%-4% by 2026 after three years of rapid growth, although the overall growth trend remains positive [2] - Major sporting events like the Milan Winter Olympics and the FIFA Men's World Cup in North America will provide new momentum for the global tourism market in 2026 [2] Group 2: US Tourism Insights - The WTTC reports a projected decline of $12.5 billion in international tourist spending in the US by 2025, making it the only country among 184 analyzed to forecast negative growth in international tourist spending last year [3] - The expected international tourism revenue for the US in 2025 is approximately $169 billion, significantly lower than the 2019 peak and lagging behind global tourism growth [3] Group 3: France's Tourism Outlook - France anticipates receiving approximately 102 million international visitors in 2025, a record high, with tourism revenue expected to reach around €77.5 billion, a year-on-year increase of about 9% [4] - The primary source markets for visitors to France remain European countries, with notable growth from North America [4] Group 4: UK Tourism Projections - The UK expects a significant increase in international visitors, with a forecast of £34.6 billion in spending by 2025, marking a 6% increase from 2024 [5] - The number of Chinese visitors to the UK is projected to reach 667,000 in 2026, a 28% increase from 2025, contributing £1.3 billion to the UK economy [5] Group 5: Asia-Pacific Tourism Developments - Australia expects around 1.04 million Chinese visitors by the end of 2025, showing recovery but still below the 1.4 million peak in 2019 [7] - Singapore's international visitor numbers in January reached 1.5 million, a decrease of 8% compared to the same period in 2025, primarily due to seasonal adjustments [7] Group 6: China's Domestic Tourism Growth - In January, China's Ministry of Culture and Tourism reported that domestic travel is expected to reach 6.522 billion trips in 2025, a year-on-year increase of 16.2% [9] - Domestic travel spending is projected to reach ¥6.3 trillion, up 9.5% from the previous year, with urban residents contributing ¥5.3 trillion and rural residents ¥1 trillion [9] Group 7: Corporate Changes in Tourism - Seven tourism companies experienced significant personnel changes in January, including the appointment of Wu Xiaoxia as CFO of Zhejiang Cultural Industry Group [12] - The board of directors of Emei Mountain A appointed Xu Ladi as chairman and Tong Jianming as general manager [12] Group 8: Investment and Equity Changes - Guilin Tourism acquired a 35% stake in Guilin Guizhen Investment Co., making it a wholly-owned subsidiary [17] - Hainan Tourism Investment Group plans to transfer 100% of its leisure company for ¥224 million, expecting a profit of approximately ¥198 million from the transaction [17] Group 9: Key Project Developments - In January, 206 key tourism projects were signed, including the opening of the Western International Short Video Base in Shaanxi and the launch of the Lan Ya Bay Scenic Area in Henan [20] - The signing of the World Fun Carnival project in Tianjin marks a significant investment in the local tourism sector [22] Group 10: Financial Performance of Tourism Companies - Guilin Tourism expects a net profit of ¥11 million for 2025, marking a return to profitability [37] - Jinma Leisure anticipates a net profit of ¥67 million to ¥86 million, representing a significant year-on-year increase [37] - Huashang City expects a net loss of up to ¥15.5 billion for 2025, widening from a loss of ¥8.66 billion in 2024 [42]

Group 1 - Beijing Haitong Haichang Ocean Park Co., Ltd. has been established with a registered capital of 19 million RMB [1] - The legal representative of the company is Liu Fei, and the shareholders include Beijing Haichang Ocean Park Co., Ltd. holding 85% and Beijing Yitong Zhongxin Enterprise Management Co., Ltd. holding 15% [1] - The company's business scope includes aquarium management services, engineering management services, enterprise management consulting, property management, parking services, ticketing agency services, and various retail activities [1] Group 2 - The company is classified under the national standard industry of water conservancy, environment, and public facilities management, specifically in municipal facilities management [1] - The registered address of the company is located in Tongzhou District, Beijing [1] - The business license allows the company to engage in activities that do not require prior approval, while certain activities are subject to approval from relevant authorities [1]

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: 海昌海洋公園控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年2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) | 02255 | 說明 | 海昌海洋公園 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 15,000,000,000 | USD | 0.00005 | USD | | 750,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 15,000,000,000 | USD | 0.00005 | USD | | 750, ...

Group 1 - The core announcement is that Haichang Ocean Park Holdings Limited has signed a joint venture agreement to establish a company for the exclusive operation of the Beijing Haichang Ocean Park project [1] - The joint venture will utilize the "Haichang Ocean Park" brand and will receive biological assets and leasing service fees from the parent company [1] - The project aims to leverage over 20 years of experience in marine conservation and operational capabilities, providing a replicable model for future operations in other key cities [1] Group 2 - The Beijing project is located in the northern industrial belt of the Beijing sub-center cultural tourism area, adjacent to the Universal Beijing Resort and the Beijing Subway Line 7 [2] - The total construction area of the project is approximately 160,000 square meters, including a hotel, aquarium, and supporting facilities, with an expected completion and operational date in 2027 [2] - The project has been designated as a key engineering project by the Beijing municipal government and has fully entered the construction phase [3] Group 3 - As of January 28, the stock price of Haichang Ocean Park was reported at HKD 0.52 per share [4]