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。 中國金融租賃集團有限公司 執行董事 呂卓恒 （股份代號：2312） 董事會會議通告 中國金融租賃集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）謹此宣佈， 董事會會議將於二零二五年二月二十八日（星期五）舉行，以考慮及批准（其中包括）本公 司及其附屬公司截至二零二四年十二月三十一日止年度之經審核年度業績及建議派發末期股 息（如有）。 代表董事會 CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * （於開曼群島註冊成立之有限公司） 香港，二零二五年二月十日 於本公告日期，本公司董事會包括執行董事呂卓恒先生及趙德偉先生；及獨立非執行董事 許一安先生、陳柏楠先生、劉健成博士及柳敏女士 。 * 僅供識別 ...

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。 （股份代號：2312） 資產淨值 於二零二四年十二月三十一日，本集團未經審核每股資產淨值約為 0.22 港元。 呂卓恒 香港，二零二五年一月十四日 CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * （於開曼群島註冊成立之有限公司） 代表董事會 中國金融租賃集團有限公司 執行董事 於本公告日期，本公司董事會包括執行董事呂卓恒先生及趙德偉先生；及獨立非執行董事 許一安先生、陳柏楠先生、劉健成博士及柳敏女士。 * 僅供識別 ...

於二零二四年十一月三十日，本集團未經審核每股資產淨值約為 0.21 港元。 代表董事會 （於開曼群島註冊成立之有限公司） （股份代號：2312） 資產淨值 中國金融租賃集團有限公司 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。 CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * 香港，二零二四年十二月十二日 於本公告日期，本公司董事會包括執行董事呂卓恒先生及趙德偉先生；及獨立非執行董事 許一安先生、陳柏楠先生、劉健成博士及柳敏女士。 * 僅供識別 執行董事 呂卓恒 ...

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。 委任董事、提名委員會、薪酬委員會及審核委員會成員 中國金融租賃集團有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈： 柳敏女士（「柳女士」）已獲委任為本公司獨立非執行董事、提名委員會、薪酬委員會及審核委 員會成員，自二零二四年十一月二十八日起生效。 委任董事、提名委員會主席、薪酬委員會及審核委員會成員 本公司宣佈，柳敏女士已獲委任為本公司獨立非執行董事、提名委員會、薪酬委員會及審核 委員會成員，自二零二四年十一月二十八日起生效。 柳女士 柳女士，47 歲，擁有武漢大學工商管理碩士 (2004)。她於 2000 年通過中國註冊會計師全科考 試，目前是中國註冊會計師協會會員。她亦為英國特許公認會計師公會資深會員，特許管理 會計師公會資深會員(FCMA)，全球特許管理會計師(CGMA)。柳女士從事會計行業超過 20 年， 對企業財務會計、內部控制、風險管理及公司治理實踐與制度有廣泛經驗。柳女士曾出任 ...

CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * ( 於開曼群島註冊成立之有限公司 ) (股份代號: 2312) 董事名單與角色和職能 獨立非執行董事 許一安先生 陳柏楠先生 劉健成博士 柳敏女士 董事會設有三個委員會。各董事會成員在該等委員會中所擔任的職位載列如下： 審核委員會 許一安先生（委員會主席） 陳柏楠先生 劉健成博士 柳敏女士 薪酬委員會 陳柏楠先生（委員會主席） 許一安先生 劉健成博士 柳敏女士 提名委員會 中國金融租賃集團有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 呂卓恒先生 趙德偉先生 香港，二零二四年十一月二十八日 * 僅供識別 劉健成博士（委員會主席） 許一安先生 陳柏楠先生 柳敏女士 ...

卓佳證券登記有限公司 香港夏慤道 16 號 遠東金融中心 17 樓 電話 : (852) 2980 1333 傳真 : (852) 2810 8185 由二零二五年一月一日起, 有關本公司之股份過戶及登記手續將由卓佳證券登記有限 公司辦理。 於二零二四年十二月三十一日下午四時三十分後仍未領取之股票, 可於二 零二五年一月二日起從卓佳證券登記有限公司領取。 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。 CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：2312） 更改香港股份過戶登記處 中國金融租賃集團有限公司(「本公司」) 董事會宣佈自二零二五年一月一日起, 本公司 之香港股份過戶登記處將更改為: - 承董事會命 中國金融租賃集團有限公司 執行董事 呂卓恒 香港, 二零二四年十一月二十日 於本公告日期，本公司董事會包括執行董事呂 ...

執行董事 呂卓恒 CHINA FINANCIAL LEASING GROUP LIMITED 中 國 金 融 租 賃 集 團 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：2312） 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。 資產淨值 於二零二四年十月三十一日，本集團未經審核每股資產淨值約為 0.22 港元。 代表董事會 中國金融租賃集團有限公司 香港，二零二四年十一月十四日 於本公告日期，本公司董事會包括執行董事呂卓恒先生及趙德偉先生；及獨立非執行董事 許一安先生、陳柏楠先生及劉健成博士 。 * 僅供識別 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$360,353,000, compared to HK$360,000,000 for the same period in 2023, reflecting a slight increase [2]. - The net loss for the period attributable to owners of the Company was HK$8,679,000, compared to a loss of HK$3,618,000 in the previous year, indicating a significant increase in losses [3]. - Basic and diluted loss per share increased to 2.67 HK cents from 2.01 HK cents year-over-year [3]. - The Group reported a loss before income tax of approximately HK$8,679,000 for the six months ended June 30, 2024, compared to a loss of HK$3,618,000 in 2023 [26]. - Basic loss per share for the period was approximately HK$0.0268, based on a weighted average number of shares of 324,543,979 [26]. Assets and Equity - Total assets less current liabilities as of June 30, 2024, were HK$71,201,000, up from HK$60,170,000 at the end of 2023 [6]. - Net current assets increased to HK$70,634,000 from HK$60,110,000, showing improved liquidity [6]. - The Company reported a total equity of HK$70,995,000 as of June 30, 2024, compared to HK$60,170,000 at the end of 2023 [6]. - The fair value of listed equity securities held for trading increased to HK$68,338,000 as of June 30, 2024, from HK$58,951,000 as of December 31, 2023 [31]. - As of June 30, 2024, the net asset value is approximately HK$70,995,000, an increase from HK$60,170,000 as of December 31, 2023, resulting in a net asset value per share of approximately HK cents 20.47, down from HK cents 33.36 [39]. Cash Flow - For the six months ended June 30, 2024, the net decrease in cash from operating activities was HK$18,392,000, compared to a decrease of HK$4,750,000 for the same period in 2023, indicating a significant decline in operational cash flow [9]. - The net increase in cash from financing activities was HK$19,788,000 for the first half of 2024, contrasting with a slight decrease of HK$131,000 in the previous year, suggesting improved financing conditions [9]. - Cash and cash equivalents at the end of the period increased to HK$2,560,000 from HK$1,179,000 at the beginning of the period, reflecting a net increase of HK$1,381,000 [9]. - The cash and cash equivalents at the end of June 30, 2023, were HK$18,041,000, showing a decrease compared to the current period, which indicates a shift in liquidity management [9]. Financial Management - The finance costs decreased slightly to HK$7,000 from HK$9,000, reflecting better cost management [2]. - The Company has not reported any income tax expense for the period [2]. - No provision for Hong Kong profits tax has been made as there is no estimated assessable profit for the six months ended June 30, 2024 [24]. - The Group had unused tax losses of approximately HK$374,935,000 available for offset against future profits as of June 30, 2024 [24]. Share Capital and Rights Issue - The Company issued shares during the rights issue, increasing share capital to HK$13,876,000 from HK$6,938,000 [8]. - The company issued a total of 173,448,741 rights shares at HK$0.12 each, raising gross proceeds of approximately HK$20,813,000 and net proceeds of approximately HK$19,503,000, with a net price of approximately HK$0.11 per rights share [36]. - Approximately 93.33% of the net proceeds from the rights issue, amounting to HK$18.2 million, will be used for investments in listed and unlisted securities [100]. Market Conditions - The Hang Seng Index (HSI) experienced a significant rally in April 2024, surging over 3,000 points within a month, reaching a high of 19,706 on May 20 [50]. - The HSI closed at 17,718, reflecting a gain of 671 points or 3.9%, while the Hang Seng Tech Index fell by 209 points or 5.6% [51]. - The performance of the HSI lagged behind other major indices, with the S&P 500 and Nikkei 225 gaining 14.5% and 18.3%, respectively [51]. - The market turnover for the first half of 2024 remained relatively light due to negative sentiment and concerns over the Chinese economic growth [48]. - The lack of effective policies to revive the economy contributed to a challenging market environment, with the HSI dropping to a low of 14,794 in late January 2024 [48]. Future Outlook - The Group will monitor the mainland economy closely, as consumer spending and confidence are crucial for performance recovery [52]. - Continuous share buybacks from selective blue chips are expected to support the Hong Kong stock market despite low valuations [52]. - The upcoming U.S. presidential elections in November may impact the economic landscape and current anti-China policies [52]. Corporate Governance - The Company has adopted the Corporate Governance Code and was in compliance with its provisions during the six months ended June 30, 2024 [116]. - The Audit Committee, comprising three independent non-executive Directors, reviewed the unaudited condensed interim financial statements for the six months ended June 30, 2024 [116]. - The Company confirmed adherence to the standards set out in the Securities Trading Code during the six months ended June 30, 2024 [115].

[Financial Summary](index=1&type=section&id=Financial%20Summary) [Consolidated Performance](index=1&type=section&id=Consolidated%20Performance) For the six months ended June 30, 2024, the Group reported stable revenue of HKD 0.36 million, but a net loss of HKD 7.45 million from financial assets led to a 140% increase in the period's loss to HKD 8.68 million, while net assets grew to HKD 71.0 million Consolidated Statement of Profit or Loss Highlights | Indicator | H1 2024 | H1 2023 | | :--- | :--- | :--- | | Revenue | 0.36 million HKD | 0.353 million HKD | | Net Loss from Financial Assets at Fair Value Through Profit or Loss | (7.447) million HKD | (2.376) million HKD | | Loss for the Period Attributable to Owners of the Company | (8.679) million HKD | (3.618) million HKD | | Basic Loss Per Share | 2.67 HK cents | 2.01 HK cents | Consolidated Statement of Financial Position Highlights | Indicator | June 30, 2024 | December 31, 2023 | | :--- | :--- | :--- | | Total Assets | 71.491 million HKD | 60.636 million HKD | | Net Assets | 70.995 million HKD | 60.170 million HKD | | Net Asset Value Per Share | 20.47 HK cents | 33.36 HK cents | [Dividends](index=7&type=section&id=Dividends) The Board resolved not to declare an interim dividend for the six months ended June 30, 2024, consistent with the prior period's policy - The Board resolved not to declare an interim dividend for the six months ended June 30, 2024[17](index=17&type=chunk) [Management Discussion and Analysis](index=8&type=section&id=Management%20Discussion%20and%20Analysis) [Market Environment and Outlook](index=8&type=section&id=Market%20Environment%20and%20Outlook) Management noted the volatile Hong Kong stock market in H1 2024, with the Hang Seng Index rebounding in mid-April due to policy support before slowing, and anticipates H2 performance will depend on mainland China's economy, US interest rate policy, and the US presidential election, while the Group maintains a strong, debt-free financial position to pursue investment opportunities - The Hong Kong stock market experienced significant volatility in the first half of 2024, with the Hang Seng Index rebounding sharply in mid-April following guidance from China's State Council, though the momentum was not sustained[19](index=19&type=chunk) - Management identifies key factors for second-half market performance as mainland China's economic performance, the US Federal Reserve's interest rate policy, and the outcome of the US presidential election[19](index=19&type=chunk)[20](index=20&type=chunk) - The Group maintains a very robust financial position with no debt and will continue to closely monitor market changes to explore investment opportunities[20](index=20&type=chunk) [Operational and Financial Review](index=9&type=section&id=Operational%20and%20Financial%20Review) The Group recorded a loss of approximately HKD 8.68 million for the period, primarily due to a net loss from financial assets at fair value through profit or loss, with its core business remaining investment in listed and unlisted securities for capital appreciation, and the total fair value of the investment portfolio increasing to approximately HKD 68.34 million at period-end - For the six months ended June 30, 2024, the Group recorded a loss of approximately **HKD 8.68 million** (2023: loss of HKD 3.62 million), primarily due to fair value losses on financial assets[21](index=21&type=chunk) - As of June 30, 2024, the total fair value of the Group's investment portfolio was approximately **HKD 68.34 million**, an increase from HKD 58.59 million at the end of 2023[22](index=22&type=chunk) - During the period, realized gains from financial assets amounted to approximately **HKD 1.42 million**, while unrealized losses were approximately **HKD 8.87 million**[22](index=22&type=chunk) [Investment Portfolio Analysis](index=10&type=section&id=Investment%20Portfolio%20Analysis) As of June 30, 2024, the Group's investment portfolio, entirely comprising listed securities with a total fair value of HKD 68.34 million, recorded a net fair value loss of HKD 7.45 million for the period, with key holdings like government green bonds, China Energy Storage, and China Mobile reflecting a diversified strategy, and management provided detailed insights into their fundamentals [Overview of Major Investments](index=10&type=section&id=Overview%20of%20Major%20Investments) Major Investment Holdings as of June 30, 2024 | Investment (Stock Code) | Fair Value (thousand HKD) | Percentage of Investment Portfolio | | :--- | :--- | :--- | | Government Green Bonds (4252) | 9,910 | 13.96% | | China Energy Storage (1143) | 6,570 | 9.25% | | Zhongtian Construction (2433) | 5,124 | 7.22% | | Kerry Logistics Network (2130) | 4,949 | 6.97% | | Meta Education (1087) | 3,932 | 5.54% | | China Mobile (0941) | 3,850 | 5.42% | | Other Listed Investments | 21,488 | 30.26% | | **Total** | **68,338** | **96.24%** | - As of June 30, 2024, the Group held no unlisted investments[24](index=24&type=chunk) [Analysis of Key Holdings](index=11&type=section&id=Analysis%20of%20Key%20Holdings) - **Government Green Bonds (4252):** The Investment Committee considers them an effective diversification tool with good liquidity and competitive interest returns[25](index=25&type=chunk) - **China Energy Storage (1143):** The company turned profitable in FY2023, and the Investment Committee is optimistic about its profitability in green low-carbon development and energy storage businesses[26](index=26&type=chunk) - **Zhongtian Construction (2433):** Despite a challenging real estate market, its core business revenue and gross profit margin remained stable, with prudent financial management[27](index=27&type=chunk) - **China Mobile (0941):** The company achieved record performance, with a high dividend payout ratio expected to further increase to **75%**, making it a core holding in the investment portfolio[31](index=31&type=chunk) - **China Hanking (3788):** The company returned to profitability in 2023, with promising prospects for its gold mining business, aiming to become a gold producer within three years[35](index=35&type=chunk) [Liquidity and Capital Structure](index=17&type=section&id=Liquidity%20and%20Capital%20Structure) At period-end, the Group held bank and cash balances of approximately HKD 2.56 million with no interest-bearing liabilities, resulting in a zero debt-to-asset ratio; regarding capital structure, the company completed a rights issue in February 2024, issuing approximately 173 million shares and raising net proceeds of approximately HKD 19.5 million, primarily for investments and general working capital, effectively strengthening its capital base - As of June 30, 2024, the Group's bank and cash balances were approximately **HKD 2.56 million**, with no interest-bearing liabilities or borrowings[38](index=38&type=chunk) - The company completed a rights issue on February 20, 2024, raising net proceeds of approximately **HKD 19.5 million**[39](index=39&type=chunk) - Approximately **HKD 18.2 million (93.33%)** of the rights issue proceeds were used for investments, and approximately **HKD 1.3 million (6.67%)** for general working capital[40](index=40&type=chunk) [Corporate Governance and Other Information](index=18&type=section&id=Corporate%20Governance%20and%20Other%20Information) [Substantial Shareholders](index=19&type=section&id=Substantial%20Shareholders) As per public disclosure, as of June 30, 2024, Mr. Lam Shu Song and his spouse Ms. Choi Hing Lin collectively held **27.59%** of the company's shares, making them the largest shareholders, while Capital Strategic Investment Limited (Stock Code: 2324) indirectly held **7.37%** through its wholly-owned subsidiary Substantial Shareholders as of June 30, 2024 | Shareholder Name | Nature of Interest | Number of Shares Held | Percentage of Shareholding | | :--- | :--- | :--- | :--- | | Mr. Lam Shu Song | Beneficial Owner | 95,706,441 | 27.59% | | Ms. Choi Hing Lin | Interest of Spouse | 95,706,441 | 27.59% | | Capital Strategic Investment Limited | Interest in Controlled Corporation | 25,556,574 | 7.37% | [Corporate Governance Practices](index=20&type=section&id=Corporate%20Governance%20Practices) The company has adopted and complied with the Corporate Governance Code set out in the Listing Rules during the reporting period, and its Audit Committee, comprising three independent non-executive directors, has reviewed the unaudited interim financial statements for the period - The Board believes that the company has complied with the code provisions of the Corporate Governance Code for the six months ended June 30, 2024[52](index=52&type=chunk) - The Audit Committee, composed of three independent non-executive directors, has reviewed the Group's unaudited condensed interim financial statements[53](index=53&type=chunk) [Post-Reporting Period Events](index=18&type=section&id=Post-Reporting%20Period%20Events) From the period-end (June 30, 2024) to the approval date of the interim results, the Group's financial assets generated approximately HKD 2.53 million in realized gains and approximately HKD 6.66 million in unrealized losses - Between June 30, 2024, and the approval date of the interim results, the Group's financial assets generated realized gains of approximately **HKD 2.534 million** and unrealized losses of approximately **HKD 6.655 million**[41](index=41&type=chunk)

Market Performance - In 2023, the Hong Kong IPO market saw only 68 successful listings, raising approximately HKD 46 billion, a significant decline of 56% compared to 2022[8]. - The Hang Seng Index (HSI) dropped 13.8% to close at 17,047, while the Hang Seng Tech Index fell 8.8% to 3,764, reflecting a challenging investment environment[17]. - The performance of the Hong Kong stock market in 2023 was notably poor compared to other markets, with significant capital outflows to regions like Japan and India[17]. - The economic outlook remains challenging due to ongoing sell-offs in the Hong Kong and China stock markets, with investor confidence at a historical low[13]. Economic Growth - The China economy grew by 5.2% in 2023, meeting government targets but falling short of market expectations for a stronger recovery post-COVID[9]. - The Central Government's stimulative economic policies had a short-lived positive impact, with consumer confidence remaining weak throughout the year[9]. Investment Strategy and Performance - The Group's investment strategy focuses on short to medium-term capital appreciation through a diversified portfolio of listed and unlisted securities[16]. - The Group recorded a net fair value loss on listed investments of approximately HKD 4,951,000 for the year ended December 31, 2023[17]. - The Group reported a loss for the year of approximately HK$7,967,000, significantly reduced from HK$20,502,000 in 2022, primarily due to operating expenses and equity investment losses[23][25]. - The Group maintains a sound financial position with liquid investments in its portfolio, positioning itself to capture future investment opportunities[13]. - The Group plans to maintain appropriate investment strategies and continuously monitor market changes to optimize its investment portfolio[21][24]. Financial Results - As of December 31, 2023, the carrying value of the Group's listed equity investments was approximately HK$58,951,000, an increase from HK$45,913,000 in 2022[22][25]. - The Group recorded sales proceeds from disposals of trading listed equity securities of approximately HK$99,688,000 for the year ended December 31, 2023, compared to HK$57,553,000 in 2022[23][25]. - The realized losses on financial assets at FVTPL for the year ended December 31, 2023, were approximately HK$7,165,000, down from HK$10,396,000 in 2022[23][25]. - The unrealized gains for the same period were approximately HK$2,214,000, compared to unrealized losses of HK$5,648,000 in 2022[23][25]. Corporate Governance - The company has adopted the corporate governance code as per the Listing Rules and has complied with most provisions, except for the separation of the roles of Chairman and CEO[129]. - The Board consists of five Directors, including two executive Directors and three independent non-executive Directors, ensuring strong independence[138]. - Three out of the five Directors are independent non-executive Directors, exceeding the requirement that at least one-third of the Board must be independent[147]. - The company has established mechanisms to ensure independent views and input are available to the Board, which will be reviewed annually[149]. - The independent non-executive Directors possess extensive experience in various fields, providing strong support for the Board's responsibilities[145]. Employee and Director Compensation - Total employee benefits expenses (excluding Directors' emoluments) were approximately HK$722,000, a decrease from HK$838,000 in 2022[97]. - Directors' emoluments for the year ended December 31, 2023, were approximately HK$1,107,000, compared to HK$963,000 in 2022[97]. - The Group's remuneration policy is reviewed annually, and employees are compensated based on performance, experience, and market practices[97]. Risk Factors - External macro factors, including high geopolitical risks and a sluggish mainland economy, are identified as major risks affecting the investment market[21][24]. - The Hong Kong and China stock markets are considered technically oversold but lack positive stimulus for recovery[21][24]. Shareholder Engagement - Shareholders holding not less than one-tenth of the paid-up capital may requisition a general meeting, with specific procedures outlined for submission[199]. - If the Board does not convene a general meeting within twenty-one days of a requisition, the requisitionist may convene the meeting themselves[200].