FF301 截至月份: 2026年3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: 中國波頓集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年4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) | 03318 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,600,000,000 | HKD | | 0.1 HKD | | 160,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | | 本月底結存 | | | 1,600,000,000 | HKD | | 0.1 HKD | | 160,000,000 | 本月底法定/註冊股本總額： HKD 160,000,000 第 1 頁 共 10 頁 ...

本 公 司 董 事 會（「 董 事 會 」）建 議 修 訂 本 公 司 現 有 的 第 二 次 經 修 訂 及 重 列 的 組 織 章 程 細 則 （「 現有章程細則 」） 並 採 納 本 公 司 第 三 次 經 修 訂 及 重 列 的 組 織 章 程 細 則（「 新章程細 則 」），以 (i)使 章 程 細 則 與 擴 大 無 紙 化 上 市 制 度、上 市 發 行 人 以 電 子 方 式 發 布 公 司 通 訊 以 及 上 市 規 則 下 新 庫 存 股 份 制 度 有 關 的 最 新 規 定 一 致 ， 並 促 進 無 紙 證 券 市 場 的 實 施 及 (ii)作 出 部 分 其 他 輕 微 修訂。 建議修訂 現 有 章 程 細 則 及 建 議 採 納 新 章 程 細 則 須 經 本 公 司 股 東（「 股 東 」）於 本 公 司 即 將 舉 行 的 股 東 週 年 大 會（「 股 東 週 年 大 會 」）上 以 特 別 決 議 案 的 方 式 批 准 ， 並 將 於 股 東 週 年 大 會 上 獲 得 股 東 批 准 後 生 效 。 載 有（ 其 中 包 括 ）建 議 修 訂 及 建 議 採 納 新 ...

Financial Performance - The total revenue for the year ended December 31, 2025, was RMB 1,495,593, a decrease of 9.5% compared to RMB 1,652,996 for the year ended December 31, 2024[4]. - The gross profit for the year ended December 31, 2025, was RMB 377,099, down 37% from RMB 597,906 in the previous year[4]. - The company reported a net loss of RMB 1,000,124 for the year ended December 31, 2025, compared to a profit of RMB 63,282 in 2024, representing a significant decline[5]. - The operating loss for the same period was RMB 960,999,000, with significant losses reported in the tobacco flavor segment at RMB 937,461,000[17]. - The company reported a net loss of RMB 1,000,124,000 for the year, compared to a profit of RMB 18,381,000 in the previous year[25]. - The net loss for the year was approximately RMB 1,000,100,000, a significant decrease of about RMB 1,063,400,000 compared to a net profit of RMB 63,300,000 in 2024[59]. - The impairment loss on goodwill for the year was RMB 845,405, a substantial increase from RMB 67,414 in the previous year[4]. - The impairment loss on goodwill related to the tobacco flavor division amounted to RMB 845,405,000 in 2025, compared to RMB 67,414,000 in 2024[34]. Assets and Liabilities - Total assets as of December 31, 2025, amounted to RMB 6,798,899, an increase from RMB 6,297,925 in 2024[6]. - Total liabilities increased to RMB 4,407,609 as of December 31, 2025, compared to RMB 2,888,647 in the previous year[7]. - The company’s cash and cash equivalents were RMB 324,614 as of December 31, 2025, up from RMB 282,721 in 2024[6]. - The company’s inventory decreased to RMB 250,442 as of December 31, 2025, from RMB 337,053 in the previous year[6]. - Accounts receivable increased to RMB 730,450,000 in 2025 from RMB 714,933,000 in 2024, with a net accounts receivable of RMB 486,505,000[28]. - Other receivables decreased to RMB 399,843,000 in 2025 from RMB 473,222,000 in 2024, primarily due to a reduction in prepaid accounts[28]. - Total borrowings rose to RMB 2,202,260,000 in 2025 from RMB 1,849,990,000 in 2024, with secured bank loans increasing significantly[33]. - The company's total borrowings amounted to approximately RMB 2,202,300,000 as of December 31, 2025, compared to RMB 1,850,000,000 in 2024, resulting in a debt ratio of 92.1%[64]. Revenue Breakdown - Revenue from external customers in China decreased to RMB 1,134,195,000 from RMB 1,363,798,000 in the previous year[21]. - Revenue from the tobacco flavor segment was approximately RMB 384,100,000, a decrease of 36.2% from RMB 602,000,000 in 2024[46]. - Revenue from the food flavor segment increased by 8.2% to approximately RMB 206,000,000, up from RMB 190,400,000 in 2024[47]. - Revenue from electronic cigarette products was approximately RMB 668,800,000, a slight increase of 4.6% from RMB 639,600,000 in 2024[49]. Expenses and Investments - Capital expenditures for the year amounted to RMB 419,500,000, with the electronic cigarette segment accounting for RMB 214,445,000[17]. - Sales and marketing expenses increased by 35.7% to approximately RMB 65,800,000, representing 4.4% of total revenue[52]. - Administrative expenses rose by 10.4% to approximately RMB 369,600,000, accounting for 24.7% of total revenue[53]. - Depreciation and amortization expenses increased to RMB 142,643,000 from RMB 120,795,000 in the previous year[22]. - The company made a significant investment in a construction project on land in Huizhou, Guangdong, with a total investment of approximately RMB 400,000,000 planned for fixed assets[72]. Strategic Plans and Market Position - The company plans to focus on expanding its product offerings in the e-cigarette market, leveraging its manufacturing capabilities in China and Asia[8]. - The company is exploring potential mergers and acquisitions to enhance its market position and product portfolio[8]. - The company is focusing on expanding its market presence in developing economies and enhancing its distribution network for international growth[42]. - The company upgraded several production facilities and is collaborating with leading international firms to capture high-value markets[42]. - The company has implemented comprehensive sales plans to support its international expansion and improve global customer service, particularly for electronic cigarette products[42]. Legal and Governance Matters - Legal proceedings are ongoing against sellers from the 2016 acquisition of Kimree, Inc. for breaching non-competition clauses[80]. - There is an ongoing legal dispute regarding the acquisition of Kimree, with a claim for an outstanding payment of RMB 150,000,000[81]. - The company is involved in a legal case concerning alleged misrepresentation by former directors related to the Kimree acquisition[82]. - The audit committee has reviewed the effectiveness of the internal control systems and risk management for the year ending December 31, 2025[89]. - The company has complied with all provisions of the corporate governance code, except for a specific deviation regarding the separation of roles between the chairman and CEO[87][88]. Dividend and Shareholder Matters - The company did not recommend a final dividend for the year ended December 31, 2025, consistent with the previous year[27]. - The company will suspend the registration of share transfers from May 18 to May 22, 2026, to determine eligibility for the annual general meeting[84]. - The company has not purchased, redeemed, or sold any of its listed securities during the year[85]. - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance for the year ending December 31, 2025[91]. Miscellaneous - The company recorded a net foreign exchange gain of approximately RMB 1,400,000 in 2025, compared to a net loss of RMB 300,000 in 2024[68]. - The company will publish its annual report and ESG report on the respective websites at the appropriate time[92].

中 國 波 頓 集 團 有 限 公 司 主 席 王 明 凡 香港，二零二六年三月十一日 截 至 本 公 告 日 期，執 行 董 事 為 王 明 凡 先 生、李 慶 龍 先 生 及 王 心 怡 女 士，獨 立 非 執 行 董 事 為 吳 冠 雲 先 生 、 梁 偉 民 先 生 、 周 小 雄 先 生 及 邱 浩 波 先 生 。 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。 China Boton Group Company Limited 中 國 波 頓 集 團 有 限 公 司 (在 開 曼 群 島 註 冊 成 立 的 有 限 公 司) (股 份 代 號 ： 3318) 董 事 會 會 議 通 知 中國波頓集團有限公司 （「本公司」）董事會（「董事會」）宣佈，將於二零二六年三月 二十三日（星期一）召開董事會會議，藉以（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經審核全年業績及其刊發，以及考慮派發末 期股息（如適用）。 ...

FF301 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: 中國波頓集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年3月2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) | 03318 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,600,000,000 | HKD | | 0.1 | HKD | | 160,000,000 | | 增加 / 減少 (-) | | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,600,000,000 | HKD | | 0.1 | HKD | ...

FF301 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1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: 中國波頓集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年2月4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) | 03318 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,600,000,000 | HKD | | 0.1 HKD | | 160,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,600,000,000 | HKD | | 0.1 HKD | | 160,000,000 | 本 ...

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。 於股東特別大會日期（ 二零二六年二月二日 ）， 已 發 行 股 份 合 共 為 1,080,512,146 股 ， 為 賦 予 股 東 權 利 出 席 股 東 特 別 大 會 並 就 於 會 上 提 呈 之 決 議 案（「 決議案 」）投 贊 成 票 或 反 對 票 之 股 份 總 數。任 何 股 東 對 任 何 決 議 案 進 行投票概無存在任何限制，及概無股東於 該 通函內表明彼等有意對任何決 議 案 投 反 對 票 或 就 決 議 案 放 棄 投 票，以 及 (i)概 無 股 份 賦 予 股 東 權 利 出 席，但 須 根 據 聯 交 所 證 券 上 市 規 則（「 上 市 規 則 」）第 13.40 條 就 決 議 案 放 棄 投 贊 成 票，亦 (ii)概 無 股 東 須 根 據 上 市 規 則 就 決 議 案 放 棄 投 票 。 由於決議案獲超過 50%有效票投票贊成，故決議案獲正式通過為 ...

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。 China Boton Group Company Limited 中 國 波 頓 集 團 有 限 公 司 (在 開 曼 群 島 註 冊 成 立 的 有 限 公 司) (股份代號： 3318) 承 董 事 會 命 中 國 波 頓 集 團 有 限 公 司 主 席 有關代表委任表格提交截止日期 之澄清公告 茲 提 述 中 國 波 頓 集 團 有 限 公 司（「 本公司 」）於 二 零 二 六 年 一 月 十 六 日 刊 發 之 通 函（「 通 函 」），內 容 有 關（ 其 中 包 括 ）本 公 司 將 於 二 零 二 六 年 二 月 二 日（ 星 期 一 ） 下 午 三 時 舉 行 之 股 東 特 別 大 會（「 大 會 」）。除 另 有 說 明 外，本 公 告 所 用 詞 彙 與 通 函 所 界 定 者 具 有 相 同 涵 義 。 本 公 司 謹 此 澄 清，通 函 封 面 有 關 向 本 公 司 香 港 ...

Market Overview - The Hong Kong stock market experienced a "V"-shaped movement, with the Hang Seng Index down by 0.99% to 26,578 points, the Hang Seng Tech Index down by 1.15% to 5,755.35 points, and the National Enterprises Index down by 0.85% to 9,142.45 points [1] - Major airline stocks saw significant gains, with China Eastern Airlines up over 9% and China Southern Airlines up 6.5% [1] - Large tech stocks generally declined, with Alibaba down 3.31%, Tencent down 1.13%, and JD.com down 1.23% [1] - Biopharmaceutical stocks also fell, with WuXi Biologics down over 5% [1] - Broker stocks decreased, with Shenwan Hongyuan down over 3% [1] Company News - China Shenhua (01088.HK) expects coal sales to be 431 million tons in 2025, a decrease of 6.4% year-on-year [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income of 195.899 billion yuan in 2025, a 15% increase year-on-year [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in Q4 2025 [4] - Ronshine China (03301.HK) expects total contract sales of about 3.777 billion yuan in 2025, a decrease of 50.96% year-on-year [5] - Tianhong International Group (02678.HK) forecasts a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Quzhi Group (00917.HK) anticipates turning a profit in 2025, with net profit between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) expects adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than 750 million yuan for its tobacco flavoring business in 2025 [5] Institutional Insights - Huatai Securities notes that the core factors driving the market rebound in Q1 remain unchanged, including overall loose financial conditions and improved profit expectations [9] - Tianfeng Securities believes that the Hong Kong market has the basis for a rebound but remains cautious due to high overseas interest rates [9] - Guojin Securities expects the valuation advantages of the Hong Kong market to become more pronounced as the domestic economy recovers and overseas monetary policies turn accommodative [10] - Industrial Securities recommends focusing on leading companies in the AI sector and suggests opportunities in dividend assets and new consumption areas [10]

Market Overview - The Hong Kong stock market opened slightly lower on January 19, with the Hang Seng Index down 0.76% at 26,641.6 points, the Hang Seng Tech Index down 0.77% at 5,777.07 points, the State-Owned Enterprises Index down 0.76% at 9,151.07 points, and the Red Chip Index down 0.4% at 4,122.65 points [1] - Major tech stocks experienced declines, including Alibaba down 2.53%, Tencent down 0.65%, JD.com down 0.53%, Xiaomi down 1.29%, NetEase down 0.83%, Meituan down 1.2%, Kuaishou down 1.53%, and Bilibili down 2.69% [1] - The non-ferrous metals sector was active, with Zijin Mining rising over 3%, while the lithium battery sector saw most stocks increase, with BYD rising over 1% [1] - Some domestic property stocks fell, with Country Garden down over 10%, and the biopharmaceutical sector opened lower, with Tigermed down over 2% [1] Company News - China Shenhua (01088.HK) expects coal sales volume in 2025 to be 431 million tons, a year-on-year decrease of 6.4% [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income in 2025 to reach 195.899 billion yuan, a year-on-year increase of 15% [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in the fourth quarter of 2025 [4] - Ronshine China (03301.HK) expects total contract sales in 2025 to be approximately 3.777 billion yuan, a year-on-year decrease of 50.96% [5] - Tianhong International Group (02678.HK) issued a profit warning, expecting a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Qizhi Group (00917.HK) anticipates turning a profit in 2025, with net profit estimated between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) issued a profit warning, expecting adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than approximately 750 million yuan for its tobacco flavor business in 2025 [5] Strategic Insights - Guojin Securities suggests that the Hong Kong stock market is entering a "spring market" at the beginning of 2026, likely to continue until mid-year, driven by domestic and international easing expectations and policy collaboration [9] - Galaxy Securities anticipates narrow fluctuations in the Hong Kong stock market due to reduced short-term interest rate cut expectations from the Federal Reserve and increased global geopolitical uncertainties [9] - GF Securities views the chemical industry as a typical cyclical sector, predicting a "dawn" phase for the chemical industry amid capital expenditure growth turning negative and a focus on domestic demand expansion [9]