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依賴該等內容而引致的任何損失承擔任何責任。 Xinming China Holdings Limited 新明中國控股有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2699） 有關截至二零二四年十二月三十一日止年度的 年報所載不發表意見的更新資料 茲提述新明中國控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）於二零 二五年四月三十日發佈之截至二零二四年十二月三十一日止年度的年報（「二零二四 年年報」）以及本公司日期為二零二五年六月三十日、二零二五年十月十日及二零 二六年一月十六日有關二零二四年年報所載不發表意見之公告（「該等公告」）。除另 有指明外，本公告所用詞彙與二零二四年年報及該等公告所界定者具有相同涵義。 董事會謹此就有關二零二四年年報所載不發表意見提供更新資料。自二零二五年四 月三十日（即二零二四年年報刊發日期）起直至本公告日期止期間，本集團已實施以 下步驟及措施以紓緩流動資金壓力、改善本 ...

Financial Performance - The group's revenue reached approximately RMB 1,095 million, an increase of about 26.0% compared to the previous year[4] - The group's gross profit was approximately RMB 5.0 million, a decrease of about 76.1% year-on-year[4] - The loss attributable to the company's owners was approximately RMB 2,190 million, a reduction of about 59.6% from RMB 5,425 million in the previous year[4] - The basic loss per share attributable to the company's owners was approximately RMB 4.139, a decrease of about 82.3% from RMB 23.378 in the previous year[4] - The company reported a total loss before tax of RMB 598,269,000 for the year ended December 31, 2025[23] - The company incurred a total of RMB 22,565,000 in income tax expenses for the year ended December 31, 2025, compared to a tax credit of RMB 8,578,000 in 2024[33] - The company recorded a loss attributable to shareholders of approximately RMB 219.0 million, a decrease of about RMB 323.5 million or 59.6% compared to RMB 542.5 million in the previous year[67] - Operating loss decreased to approximately RMB 216.8 million, a reduction of approximately RMB 381.5 million or about 63.8% from a loss of approximately RMB 598.3 million in the previous year[84] Dividends and Shareholder Returns - The board of directors did not recommend the payment of a final dividend for the year ended December 31, 2025[4] - The company did not recommend any dividends for the years ended December 31, 2024, and 2025[36] Assets and Liabilities - As of December 31, 2025, the group's current liabilities exceeded its current assets by approximately RMB 4,676 million[11] - The total liabilities of the group amounted to approximately RMB 5,726 million, compared to RMB 5,518 million in the previous year[6] - The total asset value of the group as of December 31, 2025, was approximately RMB 2,195.8 million, compared to RMB 2,144.7 million as of December 31, 2024[68] - Total liabilities increased to approximately RMB 5,912.2 million, up by approximately RMB 218.2 million from RMB 5,694.0 million in the previous year[93] - The current ratio remained at 0.18:1, unchanged from the previous year[94] - The debt-to-equity ratio improved to (62.0)%, compared to (72.7)% in the previous year[95] Cash Flow and Financing - The group incurred a net loss of approximately RMB 239 million for the year ended December 31, 2025[11] - The group's cash and cash equivalents increased to RMB 6.977 million from RMB 0.662 million in the previous year[6] - The group is negotiating with financial institutions to extend repayment arrangements for overdue loans, aiming to avoid immediate repayment demands[13] - The group is actively seeking additional funding opportunities for operational capital from various financial institutions and potential investors[13] - The company issued convertible bonds totaling HKD 300,000,000 (approximately RMB 252,604,000) at a coupon rate of 6.5%[57] - The net proceeds from the rights issue completed on July 29, 2025, were approximately HKD 78.9 million, with 92% allocated for repaying convertible bonds and bank loans[109] Property Development and Sales - Total revenue from the property development segment was RMB 108,515,000, while the leasing segment generated RMB 947,000, leading to a total revenue of RMB 109,462,000[22] - Property sales revenue reached RMB 108,515,000 in 2025, compared to RMB 85,371,000 in 2024, reflecting a growth of 27%[28] - The group plans to expedite the sale of residential properties in Shandong and commercial properties in Taizhou, Hangzhou, and Shanghai to improve liquidity and reduce financial leverage[13] - The total construction area delivered during the review period was approximately 14,397.7 square meters, an increase of about 93.2% from approximately 7,451.3 square meters in the previous year[66] Investment Properties - The fair value change of investment properties was RMB 21.87 million, compared to a loss of RMB 12.27 million in the previous year[5] - The fair value change of investment properties resulted in a gain of approximately RMB 21.9 million, compared to a loss of approximately RMB 12.3 million in the previous year[82] - The fair value of investment properties as of December 31, 2025, is approximately RMB 927,800,000, an increase from RMB 905,930,000 in 2024[42] - The total value of mortgaged investment properties is approximately RMB 859,974,000 as of December 31, 2025, up from RMB 792,847,000 in 2024[42] Operational Strategies - The management is exploring terms with major property developers to sell individual property development projects or entire commercial buildings at appropriate prices[13] - The group is focused on improving its financial condition by accelerating inventory turnover and enhancing operational cash flow[13] - The company plans to focus on financial restructuring and proposed rights issues to significantly improve its debt and financial leverage situation[73] - The company aims to accelerate the liquidation of completed property inventory while exploring asset revitalization possibilities, including changing property use and selling entire properties[74] Employee and Governance - As of December 31, 2025, the company had 47 employees, down from 50 the previous year, and continues to enhance its talent acquisition and compensation systems[107] - The board believes that the current governance structure, where the chairman also serves as the CEO, does not undermine checks and balances and aids in effective decision-making[111]

新明中國控股有限公司 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依賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券之邀請或要約。 Xinming China Holdings Limited （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2699） 延遲寄發有關 建議按非包銷基準 於記錄日期營業時間結束時 每持有一(1)股股份 獲發六(6)股供股股份的基準進行供股之通函 茲提述新明中國控股有限公司（「本公司」）日期為二零二六年二月十六日之公告，內 容有關（其中包括）二零二六年供股、配售事項及其項下擬進行之交易（「該公告」）。 除文義另有所指者外，本公告所用詞彙與該公告所界定者具有相同涵義。 該公告所載之二零二六年供股預期時間表將予修訂，本公司將於實際可行情況下盡 快刊發載有經修訂預期時間表之公告。 承董事會命 1 延遲寄發通函 誠如該公告所述，載有（其中包括）(i)二零二六年供股及其項下擬進行之交易的進一 步資 ...

Xinming China Holdings Limited 新明中國控股有限公司 新明中國控股有限公司 公司秘書 羅學儒 香港，二零二六年三月十六日 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依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：2699） 董事會會議日期 新明中國控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於二零 二六年三月三十一日（星期二）召開董事會會議，以（其中包括）考慮及批准本公司及 其附屬公司截至二零二五年十二月三十一日止年度之全年業績及其發佈，並考慮派 發末期股息（如有），以及處理任何其他事項。 承董事會命 於本公告日期，執行董事為陳承守先生及石艦文先生；而獨立非執行董事為陳慧恩 女士、黃春蓮女士及李彥雯女士。 ...

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依賴該等內容而引致的任何損失承擔任何責任。 公司秘書變動及 授權代表變動 新明中國控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，自二零二六年 三月十一日起，甘俊英先生（「甘先生」）辭任本公司之公司秘書及授權代表，而羅學 儒先生（「羅先生」）已獲委任為本公司之公司秘書及授權代表。 羅先生之履歷詳情載列如下： 羅先生，36歲，取得香港理工大學會計學工商管理學士學位。彼為香港會計師公會 會員，擁有逾10年審計、會計及企業財務經驗。 1 羅先生分別自二零二四年五月及二零二四年六月起至今擔任恒益控股有限公司（股 份代號：1894）之執行董事及公司秘書；自二零二四年五月起至今擔任中新控股有限 公司（前稱仁德資源控股有限公司，股份代號：8125）之執行董事及公司秘書；及自 二零二六年二月起至今擔任寶積資本控股有限公司（股份代號：8168）之公司秘書。 羅先生於二零二五年十月十四日至二零二六年一月二十七日期間擔任夢東方集團 有限公司（股份代號： ...

（ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2699） 董事名單與其角色和職能 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依賴該等內容而引致的任何損失承擔任何責任。 Xinming China Holdings Limited 新明中國控股有限公司 新明中國控股有限公司董事會（「董事會」）成員載列如下： 執行董事 陳承守先生 （主席兼行政總裁） 石艦文先生 獨立非執行董事 陳慧恩女士 黃春蓮女士 李彥雯女士 1 董事會下設三個委員會，下表載列各委員會中各成員擔任的職位： | | 董事委員會 | | | | --- | --- | --- | --- | | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | | 陳慧恩女士 | M | M | M | | 黃春蓮女士 | M | M | M | | 李彥雯女士 | C | C | M | | 陳承守先生 | / | / | C | 附註： C：有關董事委員會主席 M：有關董事委員會成員 香港，自二零二 ...

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依賴該等內容而引致的任何損失承擔任何責任。 Xinming China Holdings Limited 新明中國控股有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2699） 公司秘書 (1)執行董事及非執行董事辭任； (2)董事委員會組成變動；及 (3)授權代表變動 新明中國控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，本公司收到執 行董事胡朝州先生（「胡先生」）及非執行董事曹志強先生（「曹先生」）的辭呈。由於彼 等有其他工作安排及專注投入其他個人承擔，故胡先生已辭任執行董事，而曹先生 則已辭任非執行董事、提名委員會成員及本公司授權代表職務，自二零二六年三月 三日起生效。 胡先生及曹先生各自已確認，彼等與董事會概無意見分歧，且概無有關彼等辭任的 其他事宜須敦請本公司股東及香港聯合交易所有限公司垂注。 1 董事會欣然宣佈，石艦文先生（「石先生」）已獲委任為授權代表，以接替曹先生，自二 零二 ...

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: 新明中國控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期: 2026年3月2日 I. 法定/註冊股本變動 FF301 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) 02699 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 93,931,100 0 93,931,100 增加 / 減少 (-) 0 0 本月底結存 93,931,100 0 93,931,100 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） | | 未符合適用的公眾持股量要求（見下方） | | 根據《主板上市規則》第13.32B條或第19A.28 ...

Core Viewpoint - New Ming China announced a non-underwritten rights issue, offering 6 new shares for every 1 existing share held, subject to shareholder approval [1] Group 1: Rights Issue Details - The company currently has 93.9311 million shares issued and can issue up to 564 million new shares, bringing the total to a maximum of 658 million shares post-issue [1] - The subscription price for the rights issue is set at HKD 0.188 per share, representing a discount of approximately 20% to the last trading day's closing price [1] - The maximum amount to be raised is approximately HKD 106 million, with a net amount of about HKD 101.4 million after expenses [1] Group 2: Use of Proceeds - Approximately 96% of the funds raised will be used to repay debts, while the remaining funds will be allocated for property acquisitions and to supplement working capital [1] Group 3: Shareholder Approval - The rights issue is subject to approval at a special general meeting, and the company's executive director and related parties must abstain from voting at the meeting [1]

Group 1 - The company proposes a rights issue at a subscription price of HKD 0.188 per share, offering 6 rights shares for every 1 share held as of the record date, aiming to raise up to approximately HKD 106 million before expenses through the issuance of up to 564 million rights shares [1] - The rights issue will be conducted on a non-underwritten basis and will only be presented to qualifying shareholders, with any unsubscribed shares being placed with independent subscribers [1] - If fully subscribed, the rights shares will represent 600% of the existing shares and approximately 85.71% of the enlarged share capital post-issue [1] Group 2 - The subscription price represents a discount of about 20.0% compared to the last closing price of HKD 0.235 per share [2] - If fully subscribed, the estimated gross proceeds from the rights issue will be approximately HKD 106 million, with a net amount of about HKD 101 million after expenses [2] - The net proceeds are intended to be used as follows: approximately 96.0% (about HKD 97.4 million) for repaying convertible bonds, bank loans, and other payables; about 1.80% (approximately HKD 1.8 million) for acquiring property development projects in China; and about 2.20% (approximately HKD 2.2 million) for general working capital [2]