Core Viewpoint - 泛远国际预计截至2025年6月30日的六个月内将录得显著的收益下降和净亏损，主要受到美国关税政策变动的影响 [1][2] Financial Performance - The company expects revenue for the period to be approximately RMB 700 million to RMB 900 million, representing a decrease of about 51% to 37% compared to the same period in 2024 [1] - The expected loss attributable to the owners of the company is between RMB 10 million to RMB 20 million, a reversal from a profit of approximately RMB 38 million in the same period of 2024 [1] Contributing Factors - The decline in revenue is primarily due to reduced shipment volumes to the United States as a result of changes in U.S. tariff policies [1] - Additionally, there has been an increase in impairment losses on trade and other receivables, as well as goodwill impairment losses from a wholly-owned subsidiary [1]

Group 1 - The company expects to achieve revenue of approximately RMB 700 million to RMB 900 million for the six months ending June 30, 2025, representing a decrease of about 51% to 37% compared to the same period in 2024 [1] - The decline in revenue is primarily due to changes in US tariff policies, which have led to a reduction in the volume of goods shipped to the US [1] - The company anticipates a loss attributable to owners ranging from RMB 10 million to RMB 20 million, a reversal from a profit of approximately RMB 38 million in the same period of 2024 [1] Group 2 - The increase in losses is attributed to the decrease in total revenue, as well as an increase in impairment losses on trade and other receivables compared to the previous year [1] - Additionally, there has been an increase in goodwill impairment losses from wholly-owned operating subsidiaries during the same period [1]

Core Viewpoint - The company anticipates a significant decline in revenue for the six months ending June 30, 2025, primarily due to changes in U.S. tariff policies affecting shipments to the U.S. [1] Revenue Forecast - The expected revenue for the six months ending June 30, 2025, is projected to be between RMB 700 million and RMB 900 million, representing a decrease of approximately 51% to 37% compared to the same period in 2024 [1] Profitability Outlook - The company expects to incur a loss attributable to owners ranging from RMB 10 million to RMB 20 million, a reversal from a profit of approximately RMB 38 million in the same period of 2024 [1] Impairment Losses - The anticipated losses are attributed to the decrease in total revenue, an increase in impairment losses on trade and other receivables, and an increase in goodwill impairment losses from wholly-owned subsidiaries during the period compared to the previous year [1]

Group 1 - The company, Pan-United International (02516.HK), will hold a board meeting on August 27, 2025 [1] - The meeting will review and approve the group's interim results for the six months ending June 30, 2025, and discuss the proposal for an interim dividend distribution, if any [1]

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，概不就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。 FAR International Holdings Group Company Limited 泛遠國際控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2516） 盈利預警 本公告乃由泛遠國際控股集團有限公司（「本公司」，連同其附屬公司，統稱「本 集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a) 條及香港法例第571章證券及期貨條例第XIVA部項下之內幕消息條文（定義見 上市規則）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及有意投資 者，根據本集團截至2025年6月30日止六個月（「本期間」）的未經審核綜合管理 賬目及董事會現時可得資料作出的初步評估，本集團預期錄得(i)本期間收益約 人民幣7億元至人民幣9億元，較2024年同期減少約51%至37%。此乃主要由於 美國關稅政策變動，導致本集團截至2025年6月30 ...

（於開曼群島註冊成立的有限公司） （股份代號：2516） 董事會會議通告 泛遠國際控股集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事 （「董事」）會（「董事會」）謹此宣佈，董事會會議將於2025年8月27日（星期三）舉 行，藉以（其中包括）考慮及批准本集團截至2025年6月30日止六個月的中期業 績及其發佈，並考慮派發中期股息（如有）。 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。 FAR International Holdings Group Company Limited 泛遠國際控股集團有限公司 泛遠國際控股集團有限公司 主席兼執行董事 王泉 香港，2025年8月15日 於本公告日期，執行董事為王泉先生、楊志龍先生、張光陽先生及朱炯先生；非執行董事為 魏冉先生及姚沈杰先生；及獨立非執行董事為葉星月先生、任天干先生及汪姣飛女士。 承董事會命 ...

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7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: 泛遠國際控股集團有限公司 呈交日期: 2025年8月4日 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 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) | 02516 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD ...

Company Overview - Pan Yuan International Holdings Limited (referred to as "Pan Yuan International" or "the company") was established in November 2022, with its operating entity being Pan Yuan International Logistics, founded in 2004 [2] - The company is a well-known cross-border e-commerce logistics service provider and digital logistics solution provider, with over 30 locations and a network of more than 1,100 suppliers, serving over 220 countries and regions globally [2] - Pan Yuan International offers various flexible and reliable cross-border delivery options, ensuring efficient parcel delivery based on customer-selected express, standard, or economy options, and provides customized supply chain solutions [2] Financial Performance - As of December 31, 2024, Pan Yuan International achieved total operating revenue of 2.983 billion yuan, representing a year-on-year growth of 45.79% [1] - The company's net profit attributable to shareholders was 69.275 million yuan, showing a significant year-on-year increase of 153.3% [1] - The gross profit margin stood at 7.2%, with a debt-to-asset ratio of 58.06% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the industrial transportation sector (TTM) is 9.99 times, with a median of 7.44 times [1] - Pan Yuan International's P/E ratio is 7.92 times, ranking 20th in the industry [1] - Comparatively, other companies in the sector have the following P/E ratios: Other Far East Ports (3.33), COSCO Shipping Holdings (3.93), and Orient Overseas International (4.71) [1]

Company Overview - Pan Yuan International Holdings Limited (referred to as "Pan Yuan International" or "the company") was established in November 2022, with its operating entity being Pan Yuan International Logistics, founded in 2004 [2] - The company is a well-known cross-border e-commerce logistics service provider and digital logistics solution provider, operating over 30 locations and a network of more than 1,100 suppliers, serving over 220 countries and regions globally [2] - Pan Yuan International offers various flexible and reliable cross-border delivery options, ensuring efficient parcel delivery based on customer-selected express, standard, or economy options, and provides customized supply chain solutions [2] Financial Performance - As of December 31, 2024, Pan Yuan International achieved total operating revenue of 2.983 billion yuan, representing a year-on-year growth of 45.79% [1] - The company's net profit attributable to shareholders was 69.275 million yuan, showing a significant year-on-year increase of 153.3% [1] - The gross profit margin stood at 7.2%, with a debt-to-asset ratio of 58.06% [1] Market Position and Valuation - Currently, there are no institutional investment rating recommendations for Pan Yuan International [1] - The average price-to-earnings (P/E) ratio for the industrial transportation sector (TTM) is 9.84 times, with a median of 7.38 times [1] - Pan Yuan International's P/E ratio is 8.76 times, ranking 28th in the industry, compared to other companies such as China Resources Transportation (0.15 times), Yanhang Port (3.16 times), and COSCO Shipping Holdings (3.69 times) [1]

Financial Performance - The company reported a revenue of RMB 2.98 billion for the fiscal year 2024, representing a 45.8% increase compared to the previous year[12]. - Gross profit reached RMB 214.8 million, an increase of 36.9% year-on-year[12]. - Profit attributable to owners of the company was RMB 693 million, reflecting a significant increase of 153.3% compared to the previous year[12]. - The company's total revenue for 2024 reached approximately RMB 2.98 billion, a year-on-year increase of about 45.8% from RMB 2.05 billion in 2023[19]. - Profit attributable to owners of the company for 2024 was approximately RMB 693 million, representing a year-on-year growth of about 153.3%[19]. - Revenue from end-to-end cross-border delivery services in 2024 was approximately RMB 1.37 billion, accounting for about 46.1% of total revenue[20]. - Revenue from freight forwarding services increased to approximately RMB 600 million, a year-on-year growth of about 219.3%[20]. - Revenue from other logistics services surged to approximately RMB 1.01 billion, reflecting a year-on-year increase of about 495.2%[20]. - The company's gross profit for 2024 was approximately RMB 214.8 million, up about 36.9% from RMB 156.96 million in 2023[24]. - The group recorded a net profit of approximately RMB 692.1 million in FY2024, a significant increase of about 156.8% compared to RMB 269.5 million in FY2023, driven by a gross profit increase of approximately RMB 578.4 million[30]. - Adjusted net profit (non-HKFRS measure) for FY2024 was approximately RMB 692.1 million, up about 26.0% from RMB 549.3 million in FY2023, after excluding listing expenses of RMB 27.98 million in FY2023[32]. Strategic Initiatives - The company aims to deepen its global layout and restructure traditional logistics resources to support the scaling needs of cross-border e-commerce[13]. - The company plans to enhance strategic cooperation with major platforms and optimize its operational system to improve service quality[13]. - There will be an increased investment in technology research and development, focusing on integrating AI technology to enhance digital operations and service capabilities[13]. - The company established a solid foundation for achieving its 2025 annual targets through its strong performance in the cross-border logistics sector[12]. - The group plans to expand its overseas logistics network and enhance cross-border delivery capabilities, aiming to build an international logistics supply chain network[45]. - The group will continue to deepen strategic cooperation with major cross-border e-commerce platforms to expand its customer base and improve service standards[44]. - The company plans to invest heavily in technology, particularly AI, to enhance digital transformation and operational efficiency[46]. Awards and Recognition - The company received multiple awards, including the "Annual Corporate Governance Award" and recognition as a "National 4A Level Logistics Enterprise" for its achievements in corporate governance and sustainable development[13]. Financial Challenges - Financing costs increased by approximately RMB 14.88 million or 332.78% to RMB 193.5 million in 2024, primarily due to increased bank borrowings[28]. - The company recorded a net loss of approximately RMB 97.7 million in other income, losses, and gains for 2024, compared to a net gain of RMB 1.09 million in 2023[26]. - Trade and other receivables impairment losses for 2024 were approximately RMB 184.4 million, up from RMB 87.8 million in 2023[27]. - The group's income tax expense increased by approximately 6.9% from RMB 108.3 million in FY2023 to RMB 115.8 million in FY2024, primarily due to an increase in profit before tax[29]. Corporate Governance - The company has adopted a corporate governance code and has complied with most of its recommended best practices during the reporting period[155]. - The board consists of four executive directors, two non-executive directors, and three independent non-executive directors as of December 31, 2024[163]. - The company has established three board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee to oversee specific aspects of its affairs[160]. - The company has mechanisms in place to ensure strong independent elements within the board, allowing for independent judgment and better protection of shareholder interests[166]. - The company has committed to reviewing and monitoring its corporate governance practices to ensure compliance with the corporate governance code[156]. - The company emphasizes a culture of integrity and accountability, which is crucial for attracting and retaining top talent[159]. Shareholder Information - As of December 31, 2024, Mr. Wang Quan holds 263,189,164 shares, representing 33.74% of the company's total issued share capital[126]. - Major shareholders include Ziyue and Tianyuan, holding 221,213,154 shares (28.36%) and 41,976,010 shares (5.38%) respectively[129]. - AIDC SI PTE. LTD. and Alibaba Group entities collectively hold 67,041,663 shares, accounting for 8.60% of the total issued share capital[129]. - The total number of shares issued as of December 31, 2024, is 780,000,000[130]. Employee and Social Responsibility - The total employee cost for the reporting period was approximately RMB 81.17 million, an increase from RMB 73.74 million in the previous fiscal year[53]. - The company is committed to providing a better working environment and attractive compensation for its employees, including regular training and performance-based incentives[93]. - The company encourages all employees to participate in environmental activities that benefit society[97]. - The company participates in employee social security plans in mainland China, contributing a certain percentage of wage costs to fund benefits[117]. Risk Factors - The group has faced significant risks including global economic changes affecting cross-border e-commerce logistics services and competition in a highly competitive industry[89]. - The group has complied with all relevant laws and regulations that significantly impact its business and operations during the reporting period[90].