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: 嘉創房地產控股有限公司 呈交日期: 2026年1月5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) | 02421 | 說明 | | | | | | | | | 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 | | | 505,364,800 | | 0 | | 505,364,800 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 505,364,800 | | 0 | | 505,364,800 | 第 2 頁 ...

KRP Development Holdings Limited 嘉創房地產控股有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 2421) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear non-registered shareholder(s), 23 December 2025 KRP Development Holdings Limited (the "Company") - Notice of Publication of 2025-2026 Interim Report (the "Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the ...

KRP Development Holdings Limited 嘉創房地產控股有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 2421) Dear registered shareholder(s), Yours faithfully, By order of the Board KRP Development Holdings Limited Wong Ho Kwan Company Secretary Note: Actionable Corporate Communication is any corporate communication that seeks instructions from issuer's securities holders on how they wish to exercise their rights or make an election as the issuer's securities holder. N O ...

CORPORATE INFORMATION REGISTERED OFFICE Cricket Square, Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS Block C, 9th Floor Southeast Industrial Building 611–619 Castle Peak Road Tsuen Wan New Territories Hong Kong WEBSITE www.krpd.com.hk DIRECTORS Executive Directors Mr. HO Man Chung (Chief Executive Officer) Mr. HO Wai Hon, Brian Ms. YIU Yuet Fung Mr. ZHU Nianhua Non-executive Directors Mr. HO Cheuk Fai (Chairman) Ms. HO Man Yiu Independent Non-ex ...

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: 嘉創房地產控股有限公司 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) | 02421 | 說明 | | | | | | | | | | 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 | | 0.01 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD 10, ...

Group 1 - The company reported a revenue of RMB 68.818 million for the six months ending September 30, 2025, representing a decrease of approximately 34% compared to the same period last year [1] - The profit attributable to equity holders was RMB 10.042 million, a decline of about 51% year-on-year [1] - The board of directors did not recommend the distribution of an interim dividend for the six months ending September 30, 2025 [1] Group 2 - As of September 30, 2025, the company's land reserves amounted to approximately 226,292 square meters, down from 230,791 square meters as of March 31, 2025 [1] - The land reserves primarily include plots in Foshan, Dongguan, and Huizhou [1] - The company also holds a potential land reserve in Dongguan, which is currently classified as industrial land, covering an area of approximately 23,862 square meters [1]

Core Viewpoint - 嘉创地产 reported a significant decline in revenue and profit for the six months ending September 30, 2025, indicating challenges in its financial performance [1] Financial Performance - The company achieved revenue of 68.818 million, a year-on-year decrease of 34% [1] - Profit attributable to equity holders was 10.042 million, down 51% compared to the previous year [1] - Basic and diluted earnings per share were 2 cents [1] Asset Management Strategy - During the reporting period, the company reclassified part of its retail properties from inventory to investment properties, resulting in a fair value loss of 1.973 million [1] - This reclassification was part of the company's asset allocation strategy aimed at enhancing the long-term return potential of its asset portfolio [1]

Core Viewpoint - 嘉创地产 reported a significant decline in revenue and profit for the six months ending September 30, 2025, indicating challenges in its financial performance [1] Financial Performance - The company achieved revenue of 68.818 million yuan, a year-on-year decrease of 34% [1] - Profit attributable to equity holders was 10.042 million yuan, down 51% year-on-year [1] - Basic and diluted earnings per share were 0.02 yuan [1] Asset Management Strategy - The company recorded a fair value loss of 1.973 million yuan due to the reclassification of certain shops from inventory to investment properties [1] - This reclassification was part of the company's asset allocation strategy aimed at enhancing the long-term return potential of its asset portfolio [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was RMB 68,818,000, a decrease of 34% compared to RMB 104,254,000 for the same period in 2024[3] - Profit before tax for the same period was RMB 18,967,000, down 56% from RMB 42,706,000 in 2024[3] - The company's net profit attributable to equity holders was RMB 10,042,000, a decline of 51% from RMB 20,575,000 in the previous year[3] - The basic and diluted earnings per share decreased to RMB 2.0, down 51% from RMB 4.1 in 2024[3] - The total comprehensive income for the period was RMB 10,414,000, down from RMB 20,642,000 in the previous year[10] - The company reported a gross profit of RMB 37,626,000, a decrease from RMB 63,641,000 in the same period last year[6] - The total tax expense for the six months ended September 30, 2025, was RMB 8,925,000, compared to RMB 22,131,000 for the same period in 2024[23] - The company issued a profit warning indicating that profit attributable to equity holders is expected to decline by approximately 50% compared to the previous year, primarily due to fluctuations in the real estate market and a decrease in the fair value of investment properties[33] Asset and Equity Position - Non-current assets as of September 30, 2025, totaled RMB 313,395,000, an increase from RMB 273,939,000 as of March 31, 2025[4] - Current assets amounted to RMB 1,073,718,000, slightly down from RMB 1,080,029,000 as of March 31, 2025[4] - Total equity as of September 30, 2025, was RMB 870,559,000, compared to RMB 860,145,000 as of March 31, 2025[5] - The company recorded a fair value loss of RMB 1,973,000 due to the transfer of certain shops from inventory to investment properties, reflecting a strategic adjustment in asset allocation[31] - As of September 30, 2025, the company's land reserves were approximately 226,292 square meters, down from 230,791 square meters as of March 31, 2025[31] - The net asset liability ratio was not applicable as of September 30, 2025, due to a net cash position[40] Project Developments - The company delivered 33 units from the Dongguan Jiahui Haoting Phase IV residential project, generating revenue of RMB 56,214,000, with an average selling price of approximately RMB 18,900 per square meter[31] - The company also delivered 5 units from the Dongguan Jiahui Haoting Phase V residential project, generating revenue of RMB 12,328,000, with an average selling price of approximately RMB 19,100 per square meter[31] - The group has initiated a night tour project at Longfeng Mountain Villa, expected to generate stable revenue upon full operation in 2025[36] - The group signed a contract with Shenzhen Guangying Century Technology Co., Ltd. to enhance the cultural tourism experience at Longfeng Mountain Villa[35] Strategic Initiatives - The group aims to diversify its asset allocation to improve overall financial performance amid reliance on mainland real estate development[34] - The group plans to optimize project design to meet regulatory requirements and address climate change impacts on real estate development[10] - The group is committed to prudent cash management policies to seize future growth opportunities[39] - The group has a strong cash position to support current operations and potential strategic investments[41] Corporate Governance - The group has established a performance-based bonus system to incentivize high-performing employees[47] - The company has adopted strict procedures to regulate directors' securities trading in compliance with the Listing Rules Appendix C3[51] - All directors have confirmed compliance with the standards set forth in the Standard Code during the relevant period[51] - The interim report for the period ending September 30, 2025, will be published on the Stock Exchange and the company's website as required by the Listing Regulations[52] - The executive directors of the company include Mr. He Wenzhong, Mr. He Weihang, Ms. Yao Yuefeng, and Mr. Zhu Nianhua[53] - The non-executive directors include Mr. He Zhuohui and Ms. He Manrao[53] - Independent non-executive directors consist of Mr. Cai Weixuan, Mr. Ren Zhongcheng, and Ms. Liang Wenli[53] Dividend Policy - The company did not recommend any interim dividend for the six months ended September 30, 2025, consistent with the previous year[29]

Core Viewpoint - 嘉创地产 (02421) expects a decline of approximately 50% in profit attributable to equity holders for the six months ending September 30, 2025, compared to the same period in 2024, primarily due to market fluctuations in the mainland real estate sector and a decrease in the fair value of investment properties [1] Financial Performance - The company has maintained a healthy financial status since its listing, with a net cash position and no bank borrowings [1] - The board believes that the group remains financially robust and operationally resilient despite the anticipated profit decline [1]