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之任何損失承擔 任何責任。 GREEN INTERNATIONAL HOLDINGS LIMITED 格 林 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：2700） (1)有關2022年年度報告內 所得款項用途的補充公告； 及 (2)有關本集團保健及醫療業務的業務更新 茲提述：(1)格林國際控股有限公司（「本公司」）日期為2020年11月24日的供 股章程及本公司日期為2020年9月25日及2020年12月15日的公告，內容有關 本公司以一供一供股（「2020年供股」），籌集所得款項淨額約95.9百萬港元 （「所得款項淨額」）；(2)本公司日期為2021年10月15日有關所得款項用途的 補充公告；及(3)本公司截至2022年12月31日止年度（「2022財政年度」）的年 報（「2022年年報」）。除文義另有所指外，本公告所用詞彙與2022年年報所 ...

Financial Performance - The total revenue for the fiscal year 2022 was approximately HKD 47.2 million, a decrease of about 31.60% compared to HKD 69.1 million in 2021[15]. - The direct costs and operating expenses for the year were approximately HKD 21.1 million, down about 32.95% from HKD 31.5 million in 2021[16]. - The gross profit for the year was approximately HKD 26.1 million, a decrease of about 30.47% from HKD 37.6 million in 2021, with a gross margin of 55.35%[17]. - Selling expenses were approximately HKD 12.6 million, a reduction of about 40.76% from HKD 21.3 million in 2021[18]. - Administrative expenses were approximately HKD 23.8 million, down about 36.38% from HKD 37.4 million in 2021, attributed to cost control measures[19]. - The net loss from continuing operations for the year was approximately 13,814,000 HKD, significantly improved from 73,409,000 HKD in 2021[24]. - The group's financing costs for the year were approximately 3,330,000 HKD, a decrease from 4,189,000 HKD in 2021[23]. Assets and Liabilities - The total assets as of December 31, 2022, were approximately 168,637,000 HKD, down from 214,813,000 HKD in 2021[29]. - The total liabilities as of December 31, 2022, were approximately 72,517,000 HKD, reduced from 83,107,000 HKD in 2021[29]. - The current ratio as of December 31, 2022, was approximately 1.72, slightly down from 1.80 in 2021[29]. - The cash and bank balance as of December 31, 2022, was approximately 81,742,000 HKD, compared to 110,743,000 HKD in 2021[30]. - The debt-to-equity ratio as of December 31, 2022, was approximately 139%, up from 125% in 2021[31]. Business Operations - The healthcare and medical business faced challenges due to market competition and increased operating expenses related to pandemic response measures[10]. - The beauty and fitness business performance remained weak due to changes in consumer behavior during the pandemic, leading to temporary closures of beauty salons in Shenzhen[11]. - The company continues to primarily engage in providing healthcare and medical services, as well as beauty and fitness products and related services[57]. - The company has not made any acquisitions or significant market expansions during the reporting period[58]. Stock Options and Dividends - The new stock option plan approved on June 26, 2019, allows the company to grant options for up to 147,326,614 shares, representing 10% of the issued shares at the time of approval[40]. - As of December 31, 2022, there were no unexercised stock options under the new stock option plan, with a maximum of 29,465,322 shares available for grant, equating to 4.47% of the current issued share capital[40]. - The company did not recommend any dividend for the year, consistent with the previous year[43]. - The company reported zero distributable reserves for the year ended December 31, 2022, consistent with the previous year[63]. Governance and Compliance - The board of directors includes independent non-executive directors who have confirmed their independence annually[76]. - The audit committee, consisting of three independent non-executive directors, has reviewed the financial statements and confirmed compliance with applicable accounting standards[95]. - The company has established an internal audit function with the assistance of an external consultant, which will regularly report to the audit committee on the adequacy and effectiveness of the group's risk management and internal control systems[100]. - The board consists of two executive directors, two non-executive directors, and three independent non-executive directors, ensuring a balanced distribution of expertise across various business and professional fields[105]. Environmental and Social Responsibility - The company emphasizes sustainability and environmental responsibility in its operations, implementing green office measures[92]. - The company aims to reduce its greenhouse gas emissions by 5% from 2021 levels by 2026, in line with China's 14th Five-Year Plan for low-carbon development[176]. - The company has established a waste classification system to improve recycling efforts and reduce waste generation[181]. - The company has implemented measures to control emissions, including compliance with the latest vehicle emission standards[173]. Employee and Workplace Safety - The company strictly adheres to various labor laws and regulations, ensuring a safe and equitable work environment for all employees[189]. - There were no reported incidents of workplace fatalities or injuries resulting in lost days over the past three years, including the reporting year[199]. - The company provides comprehensive health and safety training, including emergency drills for all employees[199]. - All employees are provided with adequate protective equipment, such as masks and gloves, to maintain health standards[198].

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 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之任 何損失承擔任何責任。 GREEN INTERNATIONAL HOLDINGS LIMITED 格 林 國 際 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：2700） 截 至2022年12月31日 止 年 度 之 年 度 業 績 公 告 格 林 國 際 控 股 有 限 公 司（「本 公 司」）董 事（「董 事」）會（「董 事 會」）公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至2022年12月31日 止 年 度 之 經 審 核 綜 合年度業績，連同2021年相應年度之比較數字如下： ...

GREEN INTERNATIONAL Holdings Limited 格林國際控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號 : 2700) 中 期 報 告 22 目 錄 格林國際控股有限公司 • 2022年中期報告 公司資料 2 簡明綜合損益表 4 簡明綜合損益及其他全面收益表 5 | --- | --- | --- | --- | |--------------------------|-------|-------|-------| | | | | | | | | | | | 簡明綜合財務狀況表 | | | 6 | | 簡明綜合權益變動表 | | | 8 | | 簡明綜合現金流量表 | | | 9 | | 簡明綜合中期財務報表附註 | | | 10 | | 管理層討論及分析 | | | 28 | | 其他資料 | | | 36 | 公司資料 | --- | --- | |----------------------------------------------------------|--------------------------------------------------- ...

Financial Performance - Total revenue for the year ended December 31, 2021, was approximately HKD 69,057,000, representing a slight increase of about 5.45% compared to the previous year[6] - The group recorded total revenue of approximately HKD 69,057,000 for the year, representing a slight increase of about 5.45% compared to HKD 65,488,000 in 2020[20] - Direct costs and operating expenses totaled approximately HKD 31,451,000, an increase of about 9.25% from HKD 28,788,000 in 2020, primarily due to increased revenue and higher employee salaries and goods costs[21] - Gross profit was approximately HKD 37,606,000, a slight decrease of about 2.47% from HKD 36,700,000 in 2020, with a gross margin of 54.45% compared to 56.04% in the previous year[23] - Selling expenses decreased by approximately 9.55% to HKD 21,347,000 from HKD 23,601,000 in 2020, mainly due to reduced advertising expenditures[24] - Administrative expenses decreased by approximately 9.97% to HKD 37,441,000 from HKD 41,588,000 in 2020, attributed to cost control measures[25] - The group recorded a net loss from continuing operations of approximately HKD 73,409,000, compared to a loss of HKD 57,447,000 in 2020[32] Business Operations - The healthcare and medical services segment operates hospitals in Hunan Province, China, and has obtained necessary licenses for medical operations, including dialysis treatment[10] - The beauty and fitness business in Shenzhen experienced a decline due to changes in consumer behavior during the pandemic, leading to the closure of a beauty center in a hotel[11] - The group terminated its integrated financial services business after selling it in March 2021 due to losses and reduced operational scale[15] - The group sold its integrated financial business in March 2021, recording a gain of approximately HKD 1,900,000 from the sale[18] - The company continues to engage in healthcare and medical services, beauty and fitness products, and integrated financial services as its main business activities[71] Assets and Liabilities - As of December 31, 2021, the total assets of the group were approximately HKD 214.81 million, a decrease from HKD 283.98 million as of December 31, 2020[41] - The group's liabilities as of December 31, 2021, were approximately HKD 83.11 million, compared to HKD 85.88 million as of December 31, 2020, resulting in a leverage ratio of approximately 38.7%[41] - The net current assets of the group as of December 31, 2021, were approximately HKD 61.35 million, down from HKD 96.53 million as of December 31, 2020, with a current ratio of approximately 1.80[41] - The cash and bank balances of the group as of December 31, 2021, were approximately HKD 110.74 million, a decrease from HKD 141.73 million as of December 31, 2020[42] - The debt-to-equity ratio of the group as of December 31, 2021, was approximately 125.4%, significantly up from 63.5% as of December 31, 2020[43] Corporate Governance - The company has experienced changes in its board of directors, with Yu Qi Gang resigning as chairman and Yu Zhou Jie appointed as the new chairman[59] - The company has a strong management team with over 20 years of experience in financial investment, trade, and real estate development[61] - The company’s independent non-executive directors have extensive backgrounds in finance and management, enhancing corporate governance[66] - The board consists of 2 executive directors, 2 non-executive directors, and 3 independent non-executive directors, ensuring a balanced distribution of expertise[126] - The audit committee consists of three independent non-executive directors, ensuring compliance with the corporate governance code[112] Risk Management - The board is committed to implementing effective and robust risk management and internal control systems to protect shareholder interests and group assets[161] - The group conducts an annual risk assessment to identify potential strategic, operational, financial, and compliance risks, categorizing them as high, medium, or low[163] - An external consultant has been appointed to assist in the independent review of the group's risk management and internal control systems, ensuring their adequacy and effectiveness[164] - The board reviews the effectiveness of the risk management and internal control systems annually, confirming that the group maintained sufficient and effective systems during the year[164] Shareholder Communication - The company emphasizes the importance of maintaining communication with shareholders and investors through various channels, including financial reports and announcements on its website[176] - The company provides a platform for shareholders to exchange views with the board of directors during the annual general meeting, where management answers shareholder questions[177] - Shareholders have the right to request a special general meeting if they hold at least 10% of the paid-up capital, with the meeting to be held within two months of the request[173] Environmental, Social, and Governance (ESG) - The company is committed to sustainable development and aims to balance economic growth, environmental protection, and social responsibility[186] - The board of directors directly manages the overall environmental, social, and governance (ESG) strategy and is responsible for approving related policies and guidelines[187] - The company has established comprehensive environmental management policies to achieve its environmental protection goals[196] - The company promotes a paperless office environment to reduce indirect emissions from waste paper[200] - The company encourages the use of energy-saving equipment in operations to reduce electricity consumption[200]

GREEN INTERNATIONAL Holdings Limited 格 林 國 際 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號 : 2700) c 目 錄 公司資料 2 簡明綜合損益表 4 簡明綜合損益及其他全面收益表 5 簡明綜合財務狀況表 6 簡明綜合權益變動表 8 簡明綜合現金流量表 9 簡明綜合中期財務報表附註 10 管理層討論及分析 28 其他資訊 36 格林國際控股有限公司 2021年中期報告 公司資料 董事會 執行董事 劉東先生 余向進先生 俞淇綱先生（於2021年3月25日卸任主 席及於2021年6月7日退任執行董事） | --- | --- | |---------------------------|------------------------| | | | | 非執行董事 | | | 陳漢鴻先生 | | | 俞周杰先生 （於 2021 年 3 | 月 25 日獲委任為主席） | 獨立非執行董事 吳洪先生 蔡大維先生 王春林先生 審核委員會 | --- | --- | |---------------------------|-------| | | | ...

Business Segments Performance - The healthcare and medical segment generated revenue from hospital operations and club services, with a focus on expanding hospital operations in other cities and provinces in China [12]. - The company sold its club business to reduce operational losses and concentrate resources on hospital operations due to the impact of COVID-19 and weak consumer market [12]. - The beauty and fitness segment's performance remained sluggish in 2020, attributed to changes in consumer behavior during the pandemic, leading to a significant decline in service industry [13]. - The integrated financial services segment, through Green Securities Limited, has been operating at a loss for several years, with no revenue generated from Green Asset Management Limited [13]. - The healthcare and medical business generated revenue of approximately HKD 38,434,000 with an operating loss of HKD 12,883,000, compared to HKD 43,863,000 and HKD 49,978,000 in 2019 respectively [23]. - The beauty and fitness business recorded revenue of approximately HKD 27,054,000 and an operating loss of HKD 22,106,000, down about 22% from HKD 34,754,000 in 2019 [24]. - The group’s integrated financial business generated revenue of approximately HKD 44,000 and an operating loss of HKD 3,865,000, compared to HKD 42,000 and HKD 4,265,000 in 2019 [26]. Financial Performance - The overall business performance was affected by the global outbreak of COVID-19 and the weak consumer market in China [11]. - The total revenue for the year was approximately HKD 65,532,000, a decrease of about 16.69% compared to HKD 78,659,000 in 2019 [21]. - The net loss for the year was approximately HKD 61,312,000, an improvement from a net loss of HKD 151,997,000 in 2019 [35]. - Administrative expenses decreased by approximately 28.76% to HKD 45,790,000 from HKD 64,279,000 in 2019, primarily due to cost-saving measures in response to the pandemic [27]. - The goodwill impairment loss for the hospital business was approximately HKD 2,162,000, significantly lower than HKD 25,692,000 in 2019 [28]. - The group’s financing costs netted approximately HKD 6,381,000, down from HKD 11,225,000 in 2019 [34]. Shareholder Information - The company expressed gratitude to shareholders and investors for their support during the challenging year [9]. - The board did not recommend any dividend payment for the year, consistent with the previous year [56]. - The company reported zero dividends for the fiscal year 2020, consistent with 2019 [78]. - The company’s distributable reserves for shareholders were zero as of December 31, 2020, and 2019 [85]. - The company has not recommended any final dividends for the fiscal year 2020 [78]. Corporate Governance - The board consists of 3 executive directors, 2 non-executive directors, and 3 independent non-executive directors, ensuring a balanced distribution of expertise [137]. - The board held a total of 12 meetings during the year, with attendance rates for executive directors ranging from 50% to 100% [157]. - The company has established procedures for directors to seek independent advice at the company's expense when necessary [136]. - The company has arranged appropriate liability insurance for its directors and senior management, with annual reviews of coverage [151]. - The board is responsible for ensuring compliance with corporate governance policies and regulations, with ongoing training for directors [140]. - All current independent non-executive directors have confirmed their independence in writing, meeting regulatory requirements [143]. - The company’s financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and relevant regulations [155]. - The Audit Committee consists of three independent non-executive directors, ensuring oversight of financial reporting and compliance [161]. - The Audit Committee held four meetings during the year, with full attendance from all members [167]. - The Remuneration Committee reviewed and approved the remuneration policies for executive directors and senior management, ensuring alignment with performance [169]. - The Remuneration Committee convened two meetings during the year, with all members present [173]. - The Nomination Committee conducted three meetings, focusing on the selection standards and diversity policies for board members [179]. Risk Management and Compliance - The company is committed to effective risk management and internal controls to protect shareholder interests and assets [181]. - The company has established a comprehensive internal review process to enhance asset protection and compliance measures [181]. - The audit committee, consisting of three independent non-executive directors, reviewed the financial statements and confirmed compliance with applicable accounting standards [125]. - The company has established an internal audit function with the assistance of an external consultant to review risk management and internal control systems [130]. Share Capital and Financing - The company issued 176,470,588 shares at a principal amount of HKD 120,000,000 on March 23, 2020, to bondholders of convertible bonds [15]. - The 2018 convertible bonds were fully redeemed in cash by bondholders in April 2020 [18]. - The group issued and allotted 1,649,736,733 ordinary shares at a subscription price of HKD 0.06 per share on December 16, 2020 [19]. - As of December 31, 2020, the total issued shares were 3,299,473,466 [104]. - The debt-to-equity ratio was approximately 62% as of December 31, 2020, significantly improved from 142% in the previous year [41]. Assets and Liabilities - As of December 31, 2020, the total assets of the group were approximately HKD 283.98 million, a decrease from HKD 305.38 million as of December 31, 2019 [39]. - The group's liabilities as of December 31, 2020, were approximately HKD 83.41 million, down from HKD 129.22 million in the previous year, resulting in a leverage ratio of approximately 29.4% [39]. - The current ratio improved to approximately 2.42 as of December 31, 2020, compared to 1.17 on December 31, 2019, indicating better liquidity [39]. - Cash and bank balances, including trust and independent accounts, were approximately HKD 141.73 million as of December 31, 2020, compared to HKD 135.20 million in the previous year [40]. Environmental and Social Responsibility - The company emphasizes environmental protection and has implemented green office measures to promote sustainability [120]. Communication and Investor Relations - The company maintains communication with shareholders through various channels, including financial reports and announcements on its website and the stock exchange [198]. - The company encourages investor relations and communication with shareholders and potential investors, providing contact information for inquiries [200].

Financial Performance - For the six months ended June 30, 2020, the company reported a loss of HKD 39,543,000 compared to a loss of HKD 41,076,000 for the same period in 2019, indicating a 3.8% improvement in performance[17] - The company reported a total comprehensive expense of HKD 35,905,000 for the period, down from HKD 40,400,000 in the previous year, representing a 11.9% decrease[17] - The company reported a total comprehensive loss of (41,076) thousand HKD for the period, compared to a loss of (39,543) thousand HKD in the previous year, reflecting a year-over-year increase in losses[26] - The group recorded a net loss of approximately HKD 39,543,000 for the period, slightly improved from a net loss of HKD 41,076,000 in 2019[154] - The company reported a net loss before tax of (38,456) thousand HKD for H1 2020, compared to (40,869) thousand HKD for H1 2019, showing a slight improvement in financial performance[8] Assets and Liabilities - Total assets as of June 30, 2020, were HKD 197,578,000, a decrease of 35.4% from HKD 305,381,000 as of December 31, 2019[22] - Current liabilities decreased to HKD 63,838,000 from HKD 146,646,000, showing a significant reduction of 56.5%[22] - As of June 30, 2020, the total equity of the company was 46,224 thousand HKD, a decrease from 160,109 thousand HKD in the same period of 2019, representing a decline of approximately 71.1%[29] - The group’s cash and bank balances decreased by approximately 65.8% to HKD 46,224,000 from HKD 135,028,000 as of December 31, 2019, primarily due to cash outflows from ongoing operating losses[156] - The total amount of bonds payable increased to HKD 11,903,000 as of June 30, 2020, from HKD 10,997,000 at the end of 2019, reflecting an 8.2% increase[108] Revenue and Segments - The total revenue for the six months ended June 30, 2020, was approximately HKD 29,666,000, a decrease of about 27.24% compared to HKD 40,775,000 for the same period in 2019[143] - The total revenue from the healthcare and medical segment in China was HKD 19,270,000, and from the beauty and fitness segment was HKD 10,363,000 for the six months ended June 30, 2020[53] - The healthcare and medical business recorded revenue of approximately HKD 19,270,000 and an operating loss of HKD 7,309,000, compared to HKD 20,936,000 and HKD 13,314,000 in 2019, indicating a decrease in operating loss due to cost savings from scaling down operations[144] - The beauty and fitness business reported revenue of approximately HKD 10,363,000 and an operating loss of HKD 22,746,000, a significant decline from HKD 19,826,000 in revenue and an operating profit of HKD 2,865,000 in 2019, primarily due to impairment losses and changes in consumer behavior during the pandemic[147] Cash Flow and Financing - The net cash used in operating activities for the six months ended June 30, 2020, was (23,314) thousand HKD, compared to (18,988) thousand HKD for the same period in 2019, indicating a worsening cash flow situation[29] - The company’s financing activities generated a net cash outflow of (67,460) thousand HKD, contrasting sharply with a net inflow of 128,094 thousand HKD in the same period of 2019[29] - The group is seeking to strengthen its financial position through various financing options, including debt or equity financing, and is in discussions with multiple financial institutions and potential investors[156] Share Capital and Ownership - The issued and fully paid shares as of June 30, 2020, were 1,649,736,733, compared to 1,473,266,145 as of December 31, 2019[17] - The company issued 176,470,588 shares upon conversion of convertible bonds, with a conversion price of HKD 0.68 per share[142] - Ms. Zhou holds 1,172,103,735 shares, representing approximately 71.05% of the total issued shares[193] - Wei Xin holds 756,061,682 shares, accounting for approximately 45.83% of the total issued shares[193] - The ownership interests of major shareholders overlap significantly, particularly between Ms. Zhou, Wei Xin, and Mr. Yu[195] Operational Challenges and Strategies - The company has not disclosed any new product launches or technological advancements during this reporting period[17] - The company’s beauty and fitness business experienced a decline in performance due to the impact of the COVID-19 pandemic and related public health measures[139] - The company’s healthcare and medical business demonstrated the ability to maintain normal operations and stable performance despite challenges posed by the pandemic[140] - The company plans to leverage its experience in the healthcare sector to explore suitable investment and acquisition opportunities that align with its existing business[140] Miscellaneous - The company did not recommend any dividend for the six months ended June 30, 2020, consistent with the previous year[8] - The group employed 232 staff in Hong Kong and China as of June 30, 2020, with compensation based on individual and group performance[183] - The group has not engaged in any hedging measures for foreign exchange risks during the period[172] - The group has no outstanding or threatened significant litigation as of the report date[184]

GREEN INTERNATIONAL Holdings limited 格 林 國 際 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號 : 2700) 年報 ● ● ● 格林國際控股有限公司 二零一九年年度報告 2 公司資料 3 主席報告書 4 管理層討論與分析 15 董事履歷 17 董事會報告 28 企業管治報告 40 環境、社會及管治報告 52 獨立核數師報告 57 綜合損益表 58 綜合損益及其他全面收益表 59 綜合財務狀況表 61 綜合權益變動表 62 綜合現金流量表 63 綜合財務報表附註 153 五年財務概要 目 錄 公司資料 | --- | --- | |--------------------------------|-----------------------------------------------------| | | | | 董事會 | 核數師 | | | 國衛會計師事務所有限公司 | | 執行董事 | 執業會計師 | | 俞淇綱先生 （主席） | 香港中環 | | 陳漢鴻先生 | 畢打街 11 號置地廣場 | | 劉東先生 | 告羅士打大廈 31 樓 ...

ation of r GREEN INTERNATIONAL Holdings limited 格 林 國 際 控 股 有 限 公 司 · · · · o (於開曼群島註冊成立之有限公司) (股份代號 : 2700) · · · · · . I NEW YORK WAS NOT A I 報 들 TECH . . . . . · · · · · 目錄 | --- | --- | --- | --- | --- | --- | --- | |---------------------------|-------|------------------------------|-------|-------|-------|-------| | | | | | | | | | 格林國際控股有限公司 2019 | | | | | | | | 2 | | | | | | | | 4 | | | | | | | | 5 | | 簡明綜合損益及其他全面收益表 | | | | | | 6 | | | | | | | | 8 | | | | | | | | 9 | | | | | | | | 10 | | 簡明綜合中期財務報表附 ...