致：香港交易及結算所有限公司 公司名稱: 梁志天設計集團有限公司 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) | 02262 | 說明 | 梁志天設計集團 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 HKD | | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 HKD | | | 0.01 | HKD | | 40,000,000 | 本月底法定/註冊股本總額： HKD 40,000,000 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 ...

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: 梁志天設計集團有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 02262 | 說明 | | 梁志天設計集團 | | | | | | | | 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 | | | | 1,141,401,000 | | 0 | | 1,141,401,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 1,141,401,000 | ...

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: 梁志天設計集團有限公司 呈交日期: 2025年12月9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) | 02262 | 說明 | 梁志天設計集團 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | ...

Core Viewpoint - The rising prices of hot pot-style dishes like "Yang Guofu Spicy Hot Pot" have sparked consumer outrage, highlighting the disconnect between consumer expectations and the actual pricing structure of these dining experiences [4][20]. Group 1: Business Model and Cost Structure - The pricing model of hot pot restaurants has shifted to a weight-based system, which has led to higher consumer prices and a perception of "premium" dining [20][21]. - Labor costs are significant, with a typical hot pot restaurant requiring at least 2.5 employees, leading to monthly labor expenses of around 20,000 yuan in first-tier cities [6][7]. - The average operating cost for a hot pot restaurant in a first-tier city is approximately 50,000 yuan per month, including rent, utilities, and labor [7][8]. - The food cost for a bowl of hot pot is estimated to be between 8 to 10 yuan, with a gross margin of 50% to 60%, resulting in a net profit margin of about 18% under ideal conditions [8][10]. Group 2: Consumer Perception and Market Dynamics - Consumers are increasingly frustrated with the lack of transparency in pricing, particularly when they only discover the high costs at checkout [4][10]. - The shift from affordable street food to more expensive dining options has alienated some consumers, who still associate hot pot with low-cost meals [20][25]. - The market has seen a segmentation of consumer groups, with higher prices attracting wealthier customers while alienating budget-conscious diners [20][21]. Group 3: Franchise and Supply Chain Challenges - Franchisees face high initial costs, including significant expenses for equipment and supplies mandated by the brand, which can lead to financial strain [12][13]. - The requirement to purchase supplies exclusively from the brand often results in higher costs for franchisees, limiting their ability to manage expenses effectively [13][14]. - The operational support provided by brands is minimal, with most training focused on basic processes rather than in-depth business management [23][24].

Core Insights - The recent controversy over the high prices of ingredients at Yang Guofu Spicy Hotpot has sparked consumer outrage, highlighting the disconnect between consumer expectations and the actual pricing structure of the business [1][2] - The rising costs of labor, rent, and operational expenses have led to increased prices in the spicy hotpot industry, challenging the perception that chain restaurants should inherently lower costs [2][4] - The shift to a weight-based pricing model has transformed spicy hotpot from a budget-friendly option to a more premium dining experience, which may not align with consumer expectations [18][22] Group 1: Pricing and Consumer Reactions - Consumers are shocked by the high prices of ingredients, with reports of prices like 31.8 yuan per pound for bean sprouts, leading to a backlash against the perceived lack of transparency in pricing [1][2] - The pricing model, which allows customers to choose from a wide variety of ingredients, has resulted in higher average spending per visit, but has also led to complaints about the perceived value [1][18] - The outrage reflects a broader dissatisfaction with the rising costs of dining out, particularly for what was traditionally considered a low-cost meal option [1][22] Group 2: Operational Challenges - The operational complexity of running a spicy hotpot restaurant requires a significant workforce, with an average of 2.5 employees needed just to manage the workload effectively [2][3] - Labor costs are substantial, with monthly wages for staff in first-tier cities reaching at least 20,000 yuan, contributing to the overall high operational costs [4][5] - The preparation of ingredients is labor-intensive, requiring extensive pre-processing and constant monitoring of inventory, which adds to the operational burden [2][3] Group 3: Cost Structure and Profitability - The average cost of ingredients for a bowl of spicy hotpot is estimated to be between 8-10 yuan, with a gross margin of 50-60%, but net profits are significantly lower after accounting for operational costs [5][19] - In ideal conditions, a restaurant could achieve a net profit of around 27,000 yuan per month, but this is contingent on maintaining high sales volumes [5][19] - Variability in operational costs across different regions leads to inconsistent pricing, with some locations able to offer lower prices due to reduced rent and labor costs [7][19] Group 4: Franchise Dynamics - Franchisees face significant financial pressures, with high initial investments and ongoing costs that can lead to substantial losses if sales do not meet expectations [9][10] - The requirement to purchase supplies exclusively from the franchisor often results in higher costs for franchisees, limiting their ability to manage expenses effectively [10][19] - The franchise model has created a situation where many operators feel they are working primarily to benefit the brand rather than achieving their own financial success [9][20]

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 致：香港交易及結算所有限公司 公司名稱: 梁志天設計集團有限公司 呈交日期: 2025年11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) | 02262 | 說明 | 梁志天設計集團 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 HKD | | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 HKD | | | 0.01 | HKD | | 40,000,000 | ...

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 該等內容而引致的任何損失承擔任何責任。 茲提述梁志天設計集團有限公司（「本公司」）於2025年10月9日有關續租要約書的 公告（「該公告」）。除非另有定義，本公告中使用的詞彙與該公告中定義的詞彙具 有相同意義。 本公告旨在就業主及代理人的最終實益擁有人身份提供補充資料。 誠如該公告所披露，業主及代理人由 Manhattan Realty Limited 實益擁有。據董事 經作出一切合理查詢後所深知、盡悉及確信，Manhattan Realty Limited 的最終實 益擁有人為獨立第三方田北俊先生。 承董事會命 Steve Leung Design Group Limited 梁志天設計集團有限公司 主席 許興利 香港，2025年10月14日 於本公告日期，本公司執行董事為梁志天先生（銅紫荊星章）、蕭文熙先生（首席 執行官）及葉玨鴻先生（首席財務官）；非執行董事為許興利先生（主席）、丁敬勇 先生及黃文熙先生；及獨立非執行董事為曾浩嘉先生、劉珝 ...

Core Viewpoint - The company has signed a lease renewal agreement for its office property in Hong Kong, extending the lease for six years from May 1, 2026, to April 30, 2032 [1] Group 1 - The indirect wholly-owned subsidiary of the company, SLDL, accepted and signed a lease renewal offer from an independent third party, MDL, acting as the owner's agent [1] - The property involved in the lease renewal is located at Manhattan Place, 30th floor, 23 Hung Tai Road, Kowloon Bay, Hong Kong [1] - The lease renewal will commence on May 1, 2026, and will last until April 30, 2032, covering a total duration of six years [1]

有關續租要約書的 須予披露交易 續租要約書 董事會宣布，本公司的間接全資附屬公司，SLDL，於2025年10月9日，接納並 簽署獨立第三方MDL（作為業主的代理人）發出的續租要約書，續訂該物業的租 賃，由2026年5月1日起至2032年4月30日止（包括首尾兩日）為期六年，用作本 集團的辦公室物業。 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 該等內容而引致的任何損失承擔任何責任。 STEVE LEUNG DESIGN GROUP LIMITED 梁志天設計集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2262) | 接納日期 | 2025年10月9日 | | --- | --- | | 訂約方 | Manhattan Development Limited，獨立第三方， (i) | | | 作為業主的代理人；及 | | | (ii) 梁志天設計師有限公司，本公司的間接全資附屬 | | | 公司，作為承租人 | | 該物業 | 香港九龍九龍灣宏泰道23號Manhattan ...

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 致：香港交易及結算所有限公司 公司名稱: 梁志天設計集團有限公司 呈交日期: 2025年10月6日 第 2 頁 共 10 頁 v 1.1.1 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) | 02262 | 說明 | 梁志天設計集團 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 HKD | | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 HKD | | | 0.01 | ...