| 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，概不對因 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的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 環龍控股有限公司 | | 股份代號 | 02260 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年12月31日止年度之末期股息 | | 公告日期 | 2026年3月27日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年12月31日 | | 宣派股息 | 每 股 0.02 HKD | | 股東批准日期 | 2026年6月26日 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.02 HKD | | 匯率 | 1 HKD : 1 HKD | | 除淨日 | ...

Financial Performance - Revenue for the year ended December 31, 2025, was RMB 265,611,000, representing a 4.0% increase from RMB 255,488,000 in 2024[2] - Gross profit decreased by 1.9% to RMB 123,416,000 from RMB 125,750,000 year-on-year[3] - Profit attributable to equity holders decreased by 27.4% to RMB 33,520,000 compared to RMB 46,192,000 in the previous year[3] - EBITDA for 2025 was RMB 91,777,000, down 5.1% from RMB 96,728,000 in 2024[2] - Basic and diluted earnings per share attributable to equity holders decreased by 25.6% to RMB 7.34 from RMB 9.86[3] - The company reported a significant decrease in other income, which fell to RMB 11,075,000 from RMB 20,365,000 year-on-year[3] - The group's net profit for the year ending December 31, 2025, was RMB 33.9 million, down from RMB 46.7 million for the year ending December 31, 2024[30] - Other income for the year ending December 31, 2025, was approximately RMB 11.1 million, a decrease of RMB 9.3 million from RMB 20.4 million for the year ending December 31, 2024, primarily due to a reduction in government subsidies[28] Assets and Liabilities - Total assets increased to RMB 857,808,000 in 2025 from RMB 863,349,000 in 2024, while total liabilities decreased to RMB 221,554,000 from RMB 265,300,000[4] - The company’s non-current assets increased to RMB 554,835,000 in 2025 from RMB 527,228,000 in 2024, reflecting investment in long-term assets[4] - Trade receivables from third parties decreased to RMB 168,135,000 in 2025 from RMB 172,388,000 in 2024, a decline of 2.0%[17] - The company’s trade payables to third parties increased to RMB 40,278,000 in 2025 from RMB 39,004,000 in 2024, an increase of 3.3%[19] - As of December 31, 2025, the company's debt-to-equity ratio is approximately 81.1%, down from 92.2% on December 31, 2024, primarily due to a reduction in short-term loans[39] - The total value of mortgaged assets as of December 31, 2025, is approximately RMB 154.5 million, which secures the company's bank financing and other borrowings[40] Operational Metrics - Inventory increased to RMB 38,563,000 in 2025 from RMB 29,907,000 in 2024, indicating a rise in stock levels[4] - The group's inventory turnover period for the year ending December 31, 2025, was 87.9 days, compared to 69.0 days for the year ending December 31, 2024[35] - The total employee cost as of December 31, 2025, is approximately RMB 50.2 million, an increase from RMB 49.1 million in 2024, with 431 employees compared to 401 in the previous year[45] Taxation and Dividends - The total income tax expense for 2025 was RMB 7,507,000, compared to RMB 5,827,000 in 2024, representing an increase of 28.8%[4] - The company proposed a final dividend of 2 HK cents per share for 2025, amounting to RMB 8,701,000, compared to a final dividend of 3 HK cents per share for 2024, which was RMB 13,639,000[14] - The board proposed a final dividend of HKD 0.02 per share for the year ended December 31, 2025, down from HKD 0.03 in 2024, pending shareholder approval[59] Strategic Initiatives - The company successfully launched key projects in high-performance TPU paper-making blankets, recognized as "internationally advanced" technology, contributing to the green upgrade of the paper industry[22] - The group plans to enhance its global strategic layout and transition from "product export" to "brand export" by 2026[24] - The group aims to solidify its technological leadership and optimize operational benchmarks over the next three years[27] Financial Management - The company’s deferred tax expense for 2025 was RMB 2,351,000, slightly up from RMB 2,210,000 in 2024, indicating a growth of 6.4%[4] - The company's treasury policy focuses on prudent financial management, ensuring liquidity to meet operational needs throughout the period[41] - The company does not have any foreign exchange hedging policies in place, despite exposure to foreign currency risks from certain bank balances and trade receivables denominated in USD and HKD[42] Shareholder Information - The company adopted a share incentive plan on May 9, 2024, allowing for the issuance of up to 30,000,000 shares, increasing the total issued share capital from approximately 6.21% to 9.72%[51] - As of December 31, 2025, 26,816,000 shares are held by an independent trustee under the share incentive plan, with no shares granted to any eligible participants[52] - The company has not granted, exercised, canceled, or expired any share options under the share option plan since its adoption on December 9, 2021, with 48 million options available for grant as of December 31, 2025[50] Compliance and Governance - The audit committee reviewed the consolidated financial statements for the year ended December 31, 2025, confirming compliance with applicable accounting standards and regulations[62] - The company has maintained sufficient public float as required by listing rules as of December 31, 2025[63] - The annual general meeting is scheduled for June 26, 2026, to discuss the proposed final dividend and other matters[58] - The company will suspend share transfer registration from June 23 to June 26, 2026, to determine eligibility for attending the annual general meeting[60] - The company will also suspend share transfer registration from July 3 to July 7, 2026, to determine eligibility for the proposed final dividend[61] - The annual report for the year ended December 31, 2025, will be published on the Hong Kong Stock Exchange and the company's website[64] Other Information - The company has not engaged in any significant post-balance sheet events from December 31, 2025, to the announcement date[53] - As of December 31, 2025, the company has not incurred any significant contingent liabilities[43] - The company has revised the use of the remaining unutilized net proceeds of HKD 9.7 million from strategic acquisitions to upgrading machinery and enhancing R&D capabilities[47]

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，概不對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的任何損失承擔任何責任。 Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） 2024年股份獎勵計劃之修訂 茲提述環龍控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為 2024年5月9日的公告（「該公告」），內容有關（其中包括）本公司董事（「董事」）會 （「董事會」）採納2024年股份獎勵計劃（「該計劃」）。除另有所指外，本公告所用 詞彙與該公告所界定者具有相同涵義。 該計劃之修訂 為繼續(i)認可若干合資格參與者之貢獻，並為彼等提供獎勵，以激勵彼等留任 為本集團之持續經營及發展作出貢獻；及(ii)吸引合適人才推動本集團之進一 步發展，董事會欣然宣佈，於2026年3月27日，其已決議將該計劃的計劃限額 由可授出的股份數目上限不得超過30,000,000股，即本公司於採納日期已發行 股本的約6.21%增加至採納日期本公司已發行股本的 ...

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，概不對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的任何損失承擔任何責任。 環龍控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈，董事會 會議將於二零二六年三月二十七日（星期五）舉行，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十二月三十一日止年度之年度業績及 其發佈，並考慮派發末期股息（如有）。 承董事會命 環龍控股有限公司 董事會主席兼執行董事 Vanov Holdings Company Limited 環龍控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2260） 董事會會議日期 沈根蓮 香港，二零二六年三月十七日 於本公告日期，董事會由執行董事沈根蓮女士、周駿先生、謝宗國先生及袁傲梅女士；及獨 立非執行董事葉耘開先生、張慎金先生及王運陳先生組成。 ...

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: 環龍控股有限公司 (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) | 02260 | 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 ...

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 公司名稱: 環龍控股有限公司 (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) | 02260 | 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 20,000,000 第 1 頁 共 ...

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: 環龍控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年1月6日 | 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) | 02260 | 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 ...

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11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 環龍控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年12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) | 02260 | 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 ...

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10月31日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: 環龍控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年11月5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) | 02260 | 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 ...

致：香港交易及結算所有限公司 公司名稱: 環龍控股有限公司 (於開曼群島註冊成立之有限公司) 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9月30日 狀態: 新提交 呈交日期: 2025年10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) | 02260 | 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 | ...