Group 1 - The company, 百宏实业 (02299), announced a share buyback plan on September 12, 2025, with an expenditure of HKD 50.9 million to repurchase 12,000 shares [1] - The repurchase price per share ranges from HKD 4.23 to HKD 4.29 [1]

Group 1 - The company, Baihong Industrial (02299), announced a share buyback plan on September 12, 2025, with an expenditure of HKD 50.9 million to repurchase 12,000 shares [1] - The repurchase price per share ranged from HKD 4.23 to HKD 4.29 [1]

Group 1 - The company, 百宏实业 (02299.HK), announced a share buyback plan on September 12, 2025, with an expenditure of HKD 51,000 to repurchase 12,000 shares [1] - The buyback price per share is set between HKD 4.23 and HKD 4.29 [1]

表格類別： 股票 狀態： 新提交 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 公司名稱： 百宏實業控股有限公司 呈交日期： 2025年9月12日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02299 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | | 庫存股份變動 | | | | | ...

11 September 2025 Dear registered shareholder(s), Billion Industrial Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communication") and Arrangement of Electronic Dissemination of Corporate Communications The Current Corporate Communication of the Company has been published in English and Chinese languages and is available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexnews.hk and the Company's website at www.baihong.com. ...

Production Capacity and Investments - As of June 30, 2025, the group's domestic polyester filament design capacity is 2,726,400 tons per year, with 1,005,000 tons for fully drawn yarn and pre-oriented yarn, and 711,400 tons for stretch yarn[6]. - The group's domestic BOPET film design capacity is 910,000 tons per year, with 702,500 tons specifically for BOPET films, targeting the high-end functional polyester film market[7]. - The establishment of Baihong Vietnam aims to develop overseas polyester bottle chip business, with a design capacity of 554,300 tons per year for polyester filament, including 184,000 tons for fully drawn yarn and pre-oriented yarn[9]. - An investment of approximately $73.9 million was made in Vietnam for a new production facility with an annual design capacity of 300,000 tons for polyester bottle chips, which commenced commercial production in July 2023[9]. - The company plans to invest approximately $185 million to establish production lines for polyester industrial yarn, with a total capacity of 250,000 tons per year, which began commercial production on July 17, 2020[9]. - The company is investing about $320 million from 2020 to 2023 to establish new polyester film production lines, which will add an annual production capacity of 400,000 tons, with a target production of 228,000 tons per year[9]. - The company anticipates investing approximately RMB 2.396 billion from 2025 to 2027 to expand its nylon business, with an estimated total capacity of 120,000 tons per year starting commercial production gradually from 2026[10]. - The company has achieved an annual production capacity of 255,000 tons for functional eco-friendly polyester films, with two production lines officially launched in December 2020, contributing to a total capacity of 70,000 tons[34]. - The company has established a polyester bottle chip project in Vietnam with an annual production capacity of 250,000 tons[38]. Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 9,484,707 thousand, a decrease of 10.7% compared to RMB 10,619,933 thousand in 2024[14]. - Gross profit increased by 9.9% to RMB 804,363 thousand from RMB 731,906 thousand year-on-year[14]. - Operating profit rose by 15.7% to RMB 495,838 thousand compared to RMB 428,392 thousand in the previous year[14]. - Net profit for the period was RMB 376,692 thousand, reflecting a 15.0% increase from RMB 327,465 thousand in 2024[14]. - Total equity increased by 7.0% to RMB 11,291,394 thousand from RMB 10,553,519 thousand year-on-year[14]. - The current ratio improved to 97.1% from 91.2% in the previous year, indicating better short-term financial health[14]. - The company reported a gross margin of 8.5%, up from 6.9% in the previous year, showing improved profitability[14]. - Revenue from differentiated products amounted to RMB 5,126,910,000, representing 54.1% of total revenue[39]. - Sales of polyester products generated RMB 5,054,138,000, accounting for 53.3% of total revenue, with a sales volume increase of 6.5% to 824,171 tons[42]. - Revenue from polyester filament was RMB 3,399,973,000, a decline of 24.5% compared to the previous half-year[41]. Market Position and Strategy - The company is positioned as one of China's major polyester film manufacturers, leveraging its existing scale and expertise to capitalize on the growing polyester film market[9]. - The group aims to enhance its market position in the differentiated chemical fiber production sector, particularly in the rapidly expanding polyester industrial yarn market in East China[9]. - The Chinese outdoor sports market is expected to approach RMB 600 billion, presenting significant growth opportunities for synthetic fibers[10]. - The company has a strong R&D team focused on market-oriented new product development, supported by advanced quality control and testing facilities[32]. - The company has successfully launched its ES fiber project, which features a dual-component core-sheath structure, enhancing product quality and positioning in high-end markets[33]. Cost Management and Efficiency - The company plans to focus on controlling raw material costs and adapting to changes in trade policies to ensure sustainable growth[67]. - The company has implemented a scientific management software system to optimize production processes and enhance efficiency, allowing for timely new product launches[33]. - The company has established a strategic partnership with China Mobile for 5G technology, enhancing production efficiency and reducing labor costs through the implementation of a 5G smart factory[37]. Cash Flow and Liabilities - Cash and cash equivalents increased by 404.6% to RMB 1,148,198,000 from RMB 227,528,000 as of December 31, 2024[84]. - The group’s total liabilities were RMB 17,094,416,000, with a debt-to-equity ratio of 151.4% as of June 30, 2025[87]. - The company experienced a net cash outflow from operating activities of RMB 2,925,465,000 for the six months ended June 30, 2025, compared to a net inflow of RMB 1,397,781,000 for the same period in 2024[109]. - The company raised RMB 4,889,853,000 from new bank loans during the six months ended June 30, 2025, compared to RMB 1,222,800,000 in the same period of 2024, showing a significant increase in financing activities[109]. Shareholder Information and Corporate Governance - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2025[134]. - The board of directors consists of six members, all male, until the appointment of a female director on June 30, 2025, ensuring compliance with diversity regulations[181]. - The company has adhered to the corporate governance code as per the listing rules during the reporting period[181]. - The Audit Committee has been established in accordance with Listing Rules 3.21 and 3.22, consisting of three independent non-executive directors[183]. - The main responsibilities of the Audit Committee include reviewing and supervising the financial reporting process, risk management, and internal control systems[183].

Group 1 - The company, Baihong Industrial (02299.HK), announced a share buyback plan to repurchase 6,000 shares at a total cost of 25,920 HKD, with a buyback price of 4.32 HKD per share [1]

百宏实业(02299)发布公告，该公司于2025年9月9日斥资2.59万港元回购6000股股份，每股回购价格为 4.32港元。 ...

智通财经APP讯，百宏实业(02299)发布公告，该公司于2025年9月9日斥资2.59万港元回购6000股股份， 每股回购价格为4.32港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 百宏實業控股有限公司 呈交日期： 2025年9月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 02299 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | | 庫存股份變動 | 每股發行/出售價 ...