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之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） （股份代號 ： 2326） 截至二零二五年三月三十一日止年度之 全年業績公佈 全年業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統稱為 「本集團」）截至二零二五年三月三十一日止年度之經審核綜合業績，連同過往財政年 度之比較數字如下： 綜合損益表 截至二零二五年三月三十一日止年度 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收益 | 3(a) | 470,308 | 864,305 | | 銷售成本 | | (474,333) | (852,272) | | （毛損）╱毛利 | | (4,025) | 12,033 | | 其他收入淨額 | 4 | 99 ...

Revenue and Profitability - For the six months ended September 30, 2024, the Group's revenue decreased by approximately 59.9%, from approximately HK$727,786,000 to approximately HK$291,858,000[12] - The Group reported a gross loss of approximately HK$5,421,000 for the six months ended September 30, 2024, compared to a gross profit of approximately HK$12,447,000 for the same period in 2023, representing a decrease of approximately 143.6%[12] - Revenue from the sourcing and sale of metal minerals and related industrial materials decreased by approximately 61.1%, from approximately HK$655,378,000 to approximately HK$255,263,000[13] - Segment profit for the metal minerals business decreased by approximately 80.5%, from approximately HK$4,340,000 to approximately HK$845,000[13] - Segment revenue for the industrial products business decreased by approximately 49.5%, from approximately HK$72,408,000 for the six months ended 30 September 2023 to approximately HK$36,595,000 for the six months ended 30 September 2024[17] - Segment profit reported a decrease of approximately 183.4%, shifting from a profit of approximately HK$7,821,000 to a loss of approximately HK$6,520,000 during the same period[17] - The Group experienced a net loss of approximately HK$17,403,000 for the six months ended 30 September 2024, down from a net profit of approximately HK$496,000 for the same period in 2023[28] - The loss for the period attributable to owners of the company was HK$(17,415,000), compared to a profit of HK$834,000 in the previous year[53] - Basic and diluted loss per share for the period was HK$(0.083), a decrease from earnings of HK$0.004 per share in the same period of 2023[53] Financial Position and Liquidity - As of 30 September 2024, the Group's current assets were approximately HK$404,610,000, a decrease from approximately HK$495,865,000 as of 31 March 2024[34] - The Group's current ratio improved to 6.76 as of 30 September 2024, compared to 3.78 as of 31 March 2024[34] - Trade payables decreased to approximately HK$11,586,000 as of 30 September 2024, down from approximately HK$74,145,000 as of 31 March 2024[34] - Trade receivables also decreased to approximately HK$71,481,000 as of 30 September 2024, compared to approximately HK$171,998,000 as of 31 March 2024[34] - The Group's equity attributable to owners decreased to approximately HK$429,244,000 as of 30 September 2024, from approximately HK$435,631,000 as of 31 March 2024[34] - Current liabilities decreased to HK$404,610,000 as of September 30, 2024, from HK$495,865,000 as of March 31, 2024, indicating improved liquidity[58] - Cash and cash equivalents at the end of the period were HK$6,061,000, a slight decrease from HK$6,353,000 at the end of the same period in 2023[68] Expenses and Costs - Administrative expenses increased by approximately 36.8%, from approximately HK$7,252,000 to approximately HK$9,921,000 for the six months ended 30 September 2024[19] - Other operating expenses rose significantly to approximately HK$3,105,000, compared to approximately HK$186,000 for the six months ended 30 September 2023[25] - Other net expenses for the six months ended 30 September 2024 amounted to approximately HK$861,000, compared to other net income of approximately HK$2,616,000 for the same period in 2023[18] - Finance costs decreased to approximately HK$197,000 from approximately HK$714,000 for the six months ended 30 September 2023[27] - Employee benefits expenses increased to HK$11,418,000, up from HK$10,538,000, reflecting a rise of about 8.34% year-over-year[147] - The company reported a total income tax expense of HK$4,000 for the six months ended September 30, 2024, compared to HK$509,000 in 2023, reflecting a decrease of approximately 99.2%[152] Market Conditions and Strategic Adjustments - The significant decline in revenue and gross profit indicates challenges in the market environment affecting the Group's performance[12] - Future strategies may need to address the inventory risk and pricing strategies to improve profitability in the metal minerals segment[13] - The Group is continuously adjusting its strategies to increase sales and improve segment profit due to low demand for byproducts[17] - The company is shifting its strategy to sell more manganese ore for battery production due to declining demand in the steel industry[41] - The manganese market remains oversupplied amid sluggish demand, particularly as steel mills have reduced production rates since the end of 2023[41] Asset Management and Investments - The Group recorded a reversal of loss allowance on trade receivables of approximately HK$2,352,000, compared to a loss allowance of approximately HK$5,620,000 for the same period in 2023[26] - The company reported a net cash used in investing activities of HK$10,386,000 for the six months ended September 30, 2024, compared to HK$24,000 in the previous year[68] - The company recorded additions to property, plant, and equipment of HK$14,151,000 during the period, compared to HK$1,983,000 in the previous year[163] - The carrying amount of property, plant, and equipment at the end of the period was HK$41,278,000, up from HK$27,634,000 at the beginning of the period[164] Debt and Credit Management - The Group has provided a specific expected credit loss of approximately HK$32,637,000 due to a debtor applying for voluntary debt restructuring[26] - The company has recognized a 12-year repayment plan for one of its debtors who applied for voluntary debt restructuring[177] - The ageing analysis of trade receivables shows that HK$18,408,000 is due within 0-60 days, while HK$24,606,000 is overdue by more than 360 days[177] Shareholder and Equity Information - The total reserves attributable to owners of the company were HK$425,027,000 as of September 30, 2024, compared to HK$431,414,000 as of March 31, 2024, reflecting a decrease of about 1.48%[65] - The company maintained its share capital at HK$4,217,000 as of September 30, 2024, consistent with the previous period[65] - The company has no potential ordinary shares outstanding during the periods, resulting in diluted loss per share being the same as basic loss per share[159]

Financial Performance - For the six months ended September 30, 2024, the company reported a revenue of HKD 291,858,000, a decrease of 59.93% compared to HKD 727,786,000 in the same period last year[2] - The company incurred a loss of HKD 17,403,000 for the period, compared to a profit of HKD 496,000 in the previous year, indicating a significant decline in performance[4] - The gross loss for the period was HKD 5,421,000, compared to a gross profit of HKD 12,447,000 in the prior year, reflecting a shift in profitability[2] - The total comprehensive loss before tax for the six months ended September 30, 2024, was HKD 17,407, compared to a profit of HKD 1,005 in the same period of 2023[38] - The company reported a pre-tax loss of HKD 17,415,000 for the six months ended September 30, 2024, compared to a profit of HKD 834,000 for the same period in 2023, representing a significant decline[50] - The company reported a basic and diluted loss per share of HKD (0.083) for the period, compared to a profit of HKD 0.004 in the previous year[5] - The basic loss per share for the six months ended September 30, 2024, was HKD (0.083), compared to HKD 0.004 in 2023, indicating a substantial decline in earnings[50] Revenue Breakdown - Revenue from the procurement and sale of metal minerals and related industrial materials for the six months ended September 30, 2024, was HKD 255,263, a decrease of 61% from HKD 655,378 in the same period of 2023[29] - Revenue from the production and sale of industrial products for the six months ended September 30, 2024, was HKD 291,858, down 60% from HKD 727,786 in the same period of 2023[29] - The total reportable segment profit for the procurement and sale of metal minerals and related industrial materials was HKD 845, compared to a profit of HKD 4,340 in the same period of 2023[34] - The total reportable segment profit for the production and sale of industrial products was a loss of HKD 6,520, compared to a profit of HKD 7,821 in the same period of 2023[34] - Revenue decreased by approximately 59.9% from about HKD 727,786,000 for the six months ended September 30, 2023, to about HKD 291,858,000 for the six months ended September 30, 2024[64] - Revenue from the procurement and sales of metal minerals and related industrial raw materials decreased by approximately 61.1% to about HKD 255,263,000[64] - Revenue from the production and sales of industrial products decreased by approximately 49.5% to about HKD 36,595,000[65] Expenses and Liabilities - Administrative expenses increased to HKD 9,921,000 from HKD 7,252,000, representing a rise of 36.73% year-over-year[2] - Employee benefits expenses, including salaries and wages, increased to HKD 11,418,000 in 2024 from HKD 10,538,000 in 2023, reflecting a rise of approximately 8.34%[5] - The cost of inventory sold decreased to HKD 297,279,000 in 2024 from HKD 715,339,000 in 2023, indicating a reduction of about 58.5%[5] - Total trade payables decreased to HKD 11,586,000 as of September 30, 2024, from HKD 74,145,000 as of March 31, 2024, indicating a reduction of approximately 84.4%[58] - Current liabilities decreased to HKD 59,844,000 from HKD 131,357,000, a reduction of 54.43%[8] Assets and Financial Position - The company's total assets decreased to HKD 404,610,000 from HKD 495,865,000, a decline of 18.38%[8] - The net asset value of the company as of September 30, 2024, was HKD 419,882,000, down from HKD 426,380,000 as of March 31, 2024[23] - Trade receivables as of September 30, 2024, were HKD 105,217,000, down from HKD 207,278,000 as of March 31, 2024, showing a decrease of approximately 49.3%[53] - The total reportable segment assets as of September 30, 2024, were HKD 473,032, a decrease from HKD 552,410 as of March 31, 2024[36] - The total reportable segment liabilities as of September 30, 2024, were HKD 130,603, compared to HKD 130,603 as of March 31, 2024[36] Market and Strategic Outlook - The group operates primarily in China and other Asian countries[30] - The group is observing a shift in manganese demand due to a downturn in the steel industry, prompting a strategy change to sell manganese ore for battery production[85] - The price of sulfuric acid has experienced significant fluctuations, with expectations of a slight decline in prices due to supply-demand imbalances and weak raw material prices in 2024[85] - The group remains cautious yet optimistic in the face of market changes, including high inflation and economic recession, while seeking to enhance shareholder returns[86] Dividends and Corporate Governance - The company did not declare or recommend any interim dividends for the six months ended September 30, 2024, consistent with the previous year[48] - The board has decided not to declare an interim dividend for the six months ended September 30, 2024, consistent with the previous period[88] - The group has adhered to the corporate governance code, with the roles of chairman and CEO held by the same individual, which the board believes does not compromise the balance of power[90] - The interim financial statements for the six months ended September 30, 2024, were unaudited but reviewed by the audit committee before approval by the board[93] Other Financial Information - The company recognized a foreign exchange difference of HKD 10,905,000 from the financial statements of subsidiaries, compared to a loss of HKD 31,362,000 in the prior year[6] - The group reported a net foreign exchange loss of HKD 1,195 for the six months ended September 30, 2024, compared to a gain of HKD 2,382 in the same period of 2023[40] - The company has not incurred any Hong Kong profits tax due to sufficient tax losses to offset taxable profits for the periods reported[45] - There were no significant contingent liabilities as of September 30, 2024, similar to the situation on March 31, 2024[81] - The group has not engaged in any purchase, sale, or redemption of its listed securities during the six months ended September 30, 2024[89] - As of September 30, 2024, the group had no capital commitments, compared to approximately RMB 9,629,000 as of March 31, 2024[80] - No significant acquisitions or disposals occurred during the six months ended September 30, 2024[77]

ANNUAL REPO | --- | --- | |--------------------------------------------------------------------------|----------------------------| | | | | Abbreviations | 簡稱 | | Financial Highlights | 財務摘要 | | Corporate Information | 公司資料 | | Chairman's Statement | 主席報告 | | Business Review | 業務回顧 | | Biographical Details of Directors and Senior Management | 董事及高級管理人員履歷詳情 | | Report of the Directors | 董事會報告 | | Corporate Governance Report | 企業管治報告 | | | | | Independent Auditor's Report | 獨立核數師報告 | | Financial Statements | ...

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之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） （股份代號 ： 2326） 截至二零二四年三月三十一日止年度之 全年業績公佈 全年業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統稱為 「本集團」）截至二零二四年三月三十一日止年度之經審核綜合業績，連同過往財政年 度之比較數字如下： 綜合損益表 截至二零二四年三月三十一日止年度 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收益 | 3(a) | 864,305 | 1,888,298 | | 銷售成本 | | (852,272) | (1,869,190) | | 毛利 | | 12,033 | 19,108 | | 其他收入淨額 | 4 | 3,16 ...

Financial Performance - For the six months ended September 30, 2023, the Group's revenue increased by approximately 19.5% to approximately HK$727,786,000 from approximately HK$608,935,000 for the same period in 2022[12]. - Gross profit for the same period increased by approximately 132.0%, reaching approximately HK$12,447,000 compared to approximately HK$5,366,000 in the prior year[12]. - Profit for the period increased from a loss of approximately HK$2,131,000 for the six months ended 30 September 2022 to a profit of approximately HK$496,000 for the six months ended 30 September 2023[28]. - The Group's profit for the period was HK$496,000, a recovery from a loss of HK$2,131,000 in the previous year[61]. - Basic profit per share increased to HK$0.004 for the six months ended 30 September 2023, compared to a loss per share of HK$0.007 in 2022[133]. - The consolidated profit before taxation for the six months ended September 30, 2023, was HK$1,005,000, a recovery from a loss of HK$1,044,000 in 2022[117]. Revenue Breakdown - Revenue from the sourcing and sale of metal minerals and related industrial materials increased by approximately 21.9% to approximately HK$655,378,000[13]. - Revenue from the production and sale of industrial products increased by approximately 1.8% to approximately HK$72,408,000[14]. - The sourcing and sale of metal minerals generated revenue of HK$655,378,000, while the production and sale of industrial products contributed HK$72,408,000 for the six months ended September 30, 2023[104]. Expenses and Costs - Administrative expenses decreased by approximately 11.4% to approximately HK$7,252,000 from approximately HK$8,189,000 for the same period in 2022[20]. - Finance costs rose to approximately HK$714,000 for the six months ended 30 September 2023, up from approximately HK$347,000 for the same period in 2022[26]. - Other operating expenses increased to approximately HK$186,000 for the six months ended 30 September 2023, compared to approximately HK$124,000 for the same period in 2022[25]. - Cost of inventories for the six months ended September 30, 2023, was HK$715,339,000, compared to HK$603,569,000 in 2022, representing an increase of approximately 18.5%[123]. Assets and Liabilities - Current assets as of 30 September 2023 were approximately HK$1,488,868,000, a decrease from approximately HK$1,759,370,000 as of 31 March 2023[30]. - Trade payables decreased to approximately HK$1,030,727,000 as of 30 September 2023, down from approximately HK$1,280,023,000 as of 31 March 2023[32]. - Total financial liabilities decreased to HK$1,074,640,000 as of September 30, 2023, down 18.4% from HK$1,317,742,000 as of March 31, 2023[148]. - Non-current assets decreased from HK$45,806,000 as of 31 March 2023 to HK$42,141,000 as of 30 September 2023, reflecting a decline of 8.3%[66]. Employee and Management Information - The number of employees increased to 136 as of September 30, 2023, compared to 131 a year earlier, with total staff costs amounting to approximately HK$10,538,000[50]. - Key management personnel compensation for the six months ended September 30, 2023, totaled HK$2,213,000, a decrease of 25.5% from HK$2,968,000 for the same period in 2022[152]. Future Outlook - The management anticipates a significant increase in orders in the next two to three quarters due to rising inquiries from customers[52]. - The Group is optimistic about future business opportunities despite market fluctuations, particularly in the manganese ore sector[57]. - The development of new energy vehicles is expected to positively impact the Group's business, particularly in sourcing and selling manganese-related materials[56]. Corporate Governance and Compliance - The Group did not recommend the payment of an interim dividend for the six months ended 30 September 2023, consistent with the previous year[128]. - The Company has complied with the Corporate Governance Code, except for the deviation from Code Provision C.2.1 regarding the separation of the roles of chairman and chief executive officer[179]. - The roles of chairman and chief executive officer were not separated during the reporting period, but responsibilities were clearly delineated[181]. Financial Reporting - The condensed consolidated financial statements for the six months ended September 30, 2023, have not been audited but were reviewed by the Audit Committee[188]. - The Group's segment reporting includes three reportable segments, with the measure used for reporting segment profit being gross profit less selling and distribution costs[95].

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之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 截至二零二三年九月三十日止六個月之 中期業績公佈 中期業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統 稱為「本集團」）截至二零二三年九月三十日止六個月之未經審核簡明綜合業績， 連同去年同期之比較數字如下： 簡明綜合損益表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收益 3(a) 727,786 608,935 銷售成本 (715,339) (603,569) 毛利 12,447 5,366 ...

Financial Performance - Revenue for the year ended March 31, 2023, was HK$1,888,298, a significant increase from HK$262,229 in 2022, representing a growth of approximately 620%[5] - Gross profit for the same period was HK$19,108, compared to HK$10,908 in 2022, resulting in a gross profit margin of 1.0%, down from 4.2%[5] - The profit attributable to owners of the Company for the year was HK$1,842, a turnaround from a loss of HK$5,452 in the previous year[5] - The Group's revenue increased from approximately HK$262,229,000 for the year ended 31 March 2022 to approximately HK$1,888,298,000 for the year ended 31 March 2023, representing an increase of approximately 6.2 times[39] - The gross profit for the Group rose by approximately 75.2%, from approximately HK$10,908,000 in the previous year to HK$19,108,000 in the current year[39] - Revenue from the sourcing and sale of metal minerals and related industrial materials reached approximately HK$1,768,648,000, a significant increase of approximately 9.8 times compared to the previous year[40] - The segment profit for the sourcing and sale of metal minerals was approximately HK$8,546,000, compared to approximately HK$360,000 in the previous year[40] - The production and sale of industrial products generated segment revenue of approximately HK$119,650,000, an increase of approximately 21.1% from approximately HK$98,788,000 in the previous year[41] - The segment profit for the production and sale of industrial products decreased by approximately 2.9% to approximately HK$9,381,000, down from approximately HK$9,662,000 in the previous year[41] - Profit for the year improved from a loss of approximately HK$5,437,000 to a profit of approximately HK$1,337,000[58] Assets and Liabilities - Current assets increased to HK$1,759,370 from HK$569,573, while current liabilities rose to HK$1,315,745 from HK$87,318, leading to a current ratio decrease to 1.34 from 6.52[5][6] - Total equity attributable to owners of the Company decreased to HK$493,206 from HK$531,077[5] - Non-current assets decreased to HK$45,806 from HK$55,446, while non-current liabilities reduced to HK$5,359 from HK$15,677[5] - The net current assets stood at HK$443,625, slightly down from HK$482,255 in the previous year[5] - Trade payables rose significantly to approximately HK$1,280,023,000 from about HK$45,840,000[66] - Trade receivables increased to approximately HK$1,383,652,000 from approximately HK$98,920,000[70] - The equity attributable to owners of the company decreased to approximately HK$493,206,000 as of March 31, 2023, from approximately HK$531,077,000 as of March 31, 2022[71] Management and Strategy - The Company is focusing on market expansion and new product development to drive future growth[5] - The management is optimistic about future performance, aiming to enhance operational efficiency and profitability[5] - The Group is focusing on balancing operations amid a slow economic recovery and high inflation risks[23] - The Group has successfully reduced costs and increased liquidity through asset restructuring and austerity measures, positioning itself to seize upcoming business opportunities[30] - The company continues to focus on enhancing its operational efficiency and governance practices to support long-term growth[104][106] Corporate Governance - The company has a strong governance structure with independent non-executive directors overseeing various committees, including audit and risk management[96][100][102] - The independent non-executive directors have diverse backgrounds, including finance, law, and corporate governance, contributing to the company's strategic oversight[96][99][100] - The company is committed to maintaining high standards of corporate governance and compliance, as evidenced by the qualifications of its directors and management[105][106] - The Group's financial performance and strategic direction will be closely monitored by the Audit and Risk Management Committees[100][102] - The Audit Committee is composed of three independent non-executive directors as of March 31, 2023[200] - The Chairman of the Audit Committee is Mr. Zhang Yilin[200] - The Audit Committee's role includes reviewing financial reporting and internal controls[200] - The establishment of the Audit Committee aligns with best practices in corporate governance[200] Shareholder Information - The Board does not recommend any dividend for the year ended March 31, 2023, consistent with the previous year[117] - The annual general meeting (AGM) is scheduled for August 17, 2023, with a notice to be sent to shareholders[113] - The Group has no distributable reserves as of March 31, 2023, unchanged from the previous year[125] - Donations to charitable organizations by the Group during the year ended March 31, 2023, amounted to nil, consistent with the previous year[126] - At least 25% of the Company's total issued shares is held by the public as of the date of the report[197] Employee Information - As of 31 March 2023, the Group had approximately 122 employees, a decrease from 134 employees as of 31 March 2022[189] - The Group's staff costs, including directors' remuneration, amounted to approximately HK$22,646,000, down from approximately HK$25,489,000 in the previous year[189]

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之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 補充公佈 茲提述新源萬恒控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為二零 二三年六月二十七日之公佈（「該公佈」），內容有關截至二零二三年三月三十一日止 年度之全年業績公佈。除非另有定義，本公佈所用詞彙與該公佈所界定者具有相同涵 義。 本公司謹此補充，本集團截至二零二三年三月三十一日止年度之經審核綜合財務報 表，包括本集團所採納的會計原則及政策，已由審核委員會審閱，其後方由董事會按 審核委員會之建議正式批准。 除上述補充資料外，該公佈所載餘下內容維持不變。 承董事會命 ...

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之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 截至二零二三年三月三十一日止年度之 全年業績公佈 全年業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統稱為 「本集團」）截至二零二三年三月三十一日止年度之經審核綜合業績，連同過往財政年 度之比較數字如下： 綜合損益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 3(a) 1,888,298 262,229 收益 (1,869,190) (251,321) 銷售成本 ...