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。 （於開曼群島註冊成立的有限公司） 股份代號：2320 截至二零二五年十二月三十一日止年度 全年業績公告 財務摘要 收益減少至約131,500,000港元，較二零二四年下跌約37.9%。 本公司擁有人應佔虧損約為89,700,000港元，而二零二四年之本公司擁有人應佔 虧損約為95,200,000港元。有關虧損減少主要由於(i)專業服務開支減少；及(ii)員 工數目減少。 剔除年內已確認之減值虧損約14,100,000港元（二零二四年：10,300,000港元）之 影響，息稅折舊攤銷前盈利（未扣除財務成本、稅項、折舊及攤銷前盈利）為虧 損21,900,000港元，而二零二四年則為虧損27,900,000港元。 於二零二五年之現金淨額（銀行結餘及現金及受限制銀行存款減銀行借貸總額） 為借貸淨額81,300,000港元，而二零二四年則為借貸淨額58,200,000港元。 1 合豐集團控股有限公司（「本公司」） ...

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。 合豐集團控股有限公司（「本公司」及其附屬公司「本集團」）董事會（「董事會」）兹 通告謹定於二零二六年三月三十日舉行董事會會議，以考慮及通過本集團截至二 零二五年十二月三十一日止年度的全年業績，及建議之末期股息（如有），以及處 理其他事項。 承董事會命 合豐集團控股有限公司 主席 許森平 香港，二零二六年三月十六日 於本公告日期，本公司之執行董事為許森平先生，許森泰先生及許玉玲女士，而 本公司獨立非執行董事為曹思維先生、黃珠亮先生及周淑明先生。 （於開曼群島註冊成立的有限公司） 股份代號：2320 董事會召開日期 ...

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: 合豐集團控股有限公司 呈交日期: 2026年3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) | 02320 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 10 ...

致：香港交易及結算所有限公司 公司名稱: 合豐集團控股有限公司 呈交日期: 2026年2月3日 I. 法定/註冊股本變動 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 | 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) | 02320 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 10 ...

Core Viewpoint - The Hong Kong Inland Revenue Department has released updated guidelines regarding the arrangement for avoiding double taxation on income between Mainland China and Hong Kong, providing clearer answers for cross-border employment income tax treatment. Group 1: Tax Exemption Conditions for Hong Kong Residents in Mainland China - To enjoy tax exemption on employment income in Mainland China, Hong Kong residents must meet three core conditions: 1. Time Limit: Stay in Mainland China for no more than 183 days within any 12-month period [3] 2. Employer Identity: The remuneration must be paid by a non-Mainland resident employer [4] 3. Expense Burden: The remuneration should not be borne by a permanent establishment of the employer in Mainland China [4] Group 2: Distinction Between "Stay" and "Residence" Days - The definitions of "stay" days and "residence" days differ in cross-border tax calculations, and taxpayers have the right to choose the more favorable calculation method, providing valuable flexibility for tax planning [4] - "Stay" days are calculated based on the "days present in the location" method, counting each day of entry, exit, and stay as one day [5] - "Residence" days, used for Mainland personal income tax calculations, count only full 24-hour stays since 2019 [6] Group 3: Definition of Hong Kong Tax Residents - Individuals can be recognized as Hong Kong tax residents if they meet any of the following criteria: 1. "Ordinarily reside in Hong Kong" [7] 2. Stay in Hong Kong for more than 180 days in the relevant tax year, or accumulate over 300 days in two consecutive tax years [7] - Holding a Hong Kong permanent resident ID does not automatically confer tax resident status, as the tax authority considers multiple factors [7] Group 4: Resolving Dual Residency with "Tie-Breaker Rules" - For individuals who are tax residents in both regions, the "tie-breaker rules" provide a structured resolution path, considering: 1. The location of the permanent home [8] 2. The center of personal and economic relations [8] 3. Habitual residence [8] Group 5: Advantages of Hong Kong's Tax System - The recent clarification of cross-border tax rules highlights the significant advantages of Hong Kong's tax system, which is characterized by low rates, few types of taxes, and clear, transparent rules [9] - An effective Hong Kong tax resident status is crucial for optimizing cross-border financial structures and achieving stable asset growth [9] - Comprehensive tax planning for individuals and business owners operating across both regions is a wise arrangement for wealth management and future planning [9]

Group 1 - The core viewpoint of the news highlights a significant increase in the stock prices of paper companies in Hong Kong, with notable rises for companies such as He Feng Group (up over 7%) and Nine Dragons Paper (up 5.5%) [1][2] - Several paper companies, including Nine Dragons Paper, Wuzhou Special Paper, and Shanying Paper, have announced price adjustments, with Nine Dragons Paper's Quanzhou base increasing prices for all kraft and corrugated paper by RMB 50 per ton starting January 5, 2026 [1] - Nine Dragons Paper's Dongguan base will also raise the price of recycled kraft paper by RMB/HKD 50 per ton (USD 7 per ton) effective January 4, 2026 [1] - Major paper companies have indicated plans to proactively reduce production or slow down expansion, which significantly alleviates the pressure from new production capacity in the industry [1] - Although cultural paper is entering a traditional peak season with some orders being released before New Year and Spring Festival, the strength of demand recovery still requires further validation [1]

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 | 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) | 02320 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年12月31日 狀態: 新提交 致：香港交 ...

Core Viewpoint - The Hong Kong stock market has seen significant gains, with several companies experiencing substantial increases in their stock prices, indicating a bullish trend in the market. Group 1: Top Gainers - Nobikang (02635.HK) has surged by 336.25%, reaching a price of 349.00 [1][2] - Relax Health (02661.HK) has increased by 156.39%, with a latest price of 58.15 [1][2] - New Idea Group (08412.HK) has risen by 27.78%, now priced at 0.46 [1][2] - Star Kai Holdings (01166.HK) has gained 25.86%, with a current price of 0.73 [1][2] - He Feng Group (02320.HK) has seen a rise of 25.71%, priced at 0.0886 [1][2] - Asia Express (08620.HK) has increased by 25.61%, now at 0.10 [1][2] - Chuanghui Jewelry (08537.HK) has grown by 20.97%, with a price of 0.30 [1][2] - Port Robot (00370.HK) has risen by 17.33%, priced at 0.88 [1][2] - Yijun Group Holdings (02442.HK) has increased by 17.09%, now at 12.06 [1][2] - Fengzhan Holdings (01826.HK) has gained 15.85%, with a latest price of 0.095 [1][2]

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: 合豐集團控股有限公司 呈交日期: 2025年12月1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) | 02320 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD ...

Core Insights - Hong Kong is embracing the rise of stablecoins with the implementation of the "Stablecoin Ordinance" effective August 1, 2025, establishing a licensing framework for this emerging digital asset [1][14] - Stablecoins are designed to maintain price stability, serving as a payment tool rather than an investment vehicle, by being pegged to stable assets like fiat currencies or commodities [3][5] - The mechanism for maintaining stability involves issuing institutions holding high-quality, liquid assets equivalent to the circulating stablecoin supply, ensuring a 1:1 backing [5][6] Group 1: Definition and Mechanism - Stablecoins are a type of cryptocurrency aimed at price stability, contrasting with volatile cryptocurrencies like Bitcoin and Ethereum [3] - They are issued by private entities and are pegged to assets such as fiat currencies or gold to maintain their value [3] - The stability of stablecoins is achieved through a reserve system where the issuing entity holds assets equal to the value of the stablecoins in circulation [5][6] Group 2: Applications and Benefits - Stablecoins act as a cash-like medium in the virtual asset space, facilitating transactions and serving as a store of value [8] - They offer advantages over traditional payment methods, including 24/7 operation and near-instantaneous transactions, which can significantly reduce costs and time for cross-border payments [8][10] - The potential applications of stablecoins span across various sectors, including cross-border payments, international trade settlements, decentralized finance (DeFi), and financial inclusion for unbanked populations [12][14] Group 3: Future Outlook - The implementation of the Stablecoin Ordinance positions Hong Kong as a key player in the global digital asset landscape, balancing financial innovation with regulatory oversight [14] - Stablecoins are expected to play a crucial role in the ongoing trend of "de-dollarization" in global trade, integrating into the real economy [14]