Win Hanverky Holdings Limited 永嘉集團控股有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code: 3322) （股份代號：3322） NOTIFICATION LETTER 通知信函 16 September 2025 Dear Non-Registered Shareholders(1), 倘 閣下希望收取本次公司通訊及日後所有公司通訊(2)的印刷本，請 閣下填妥及簽署本函所附申請表格（「申請表格」），並將申請表格寄回至或親身 送交本公司的股份過戶登記處（「股份過戶登記處」）卓佳證券登記有限公司（地址為香港夏慤道16號遠東金融中心17樓），或電郵至is-ecom@vistra.com。 倘 閣下於香港投寄申請表格，則可使用免郵費郵寄標籤，無需貼上郵票。 Win Hanverky Holdings Limited (the "Company") Notice of Publication of 2025 Interim Report (the "C ...

Dear Registered Shareholders, Win Hanverky Holdings Limited 永嘉集團控股有限公司 (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code: 3322) （股份代號：3322） NOTIFICATION LETTER 通知信函 16 September 2025 Win Hanverky Holdings Limited (the "Company") Notice of Publication of 2025 Interim Report (the "Current Corporate Communication") The Company's Current Corporate Communication (in both English and Chinese) is available on the websites of the Company at www.winhanverky.com and The Stock Ex ...

2025 中期報告 2025 年中期報告 永嘉集團控股有限公司及其附屬公司經營國際運動、時裝及戶外品牌的綜 合生產及零售業務。本集團的業務分為兩大類，即生產業務及高級時裝零 售業務，市場遍佈歐洲、美國、中國大陸及香港。 本公司股份自二零零六年九月六日起於聯交所主板上市。 目錄 | | | 11–12 獨立核數師的簡明中期財務資料審閱報告 二零二五年中期報告 永嘉集團控股有限公司 1 4 財務摘要 5–10 管理層討論及分析 13–14 合併財務狀況表 15 合併利潤表 16 合併全面收益表 17 簡明合併權益變動表 18 簡明合併現金流量表 19–36 簡明中期財務資料附註 37–43 其他資料 44 詞彙 公司資料 董事會 執行董事 李國棟先生 （主席） 黎清平先生 （副主席） 李國樑先生 （行政總裁） 王志強先生 （首席財務官） 獨立非執行董事 關啟昌先生 馬家駿先生 陳潔芬女士 公司秘書 林彩霞小姐 授權代表 李國棟先生 王志強先生 法律顧問 的近律師行 核數師 羅兵咸永道會計師事務所 執業會計師及註冊公眾利益實體核數師 董事會委員會 審核委員會 馬家駿先生 （主席） 李國棟先生 陳潔芬女士 註冊辦事處 ...

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: 2025年8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: Win Hanverky Holdings Limited 永嘉集團控股有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2025年9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) | 03322 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.1 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | ...

Group 1 - The Nasdaq Golden Dragon China Index fell over 2% on Wednesday, indicating a broad decline in popular Chinese concept stocks [1] - JD.com and Futu Holdings dropped over 3%, while Alibaba, Pinduoduo, NetEase, and Tencent Music saw declines of over 1% [1] - Li Auto experienced a significant drop of over 8%, with Xpeng down over 6% and NIO falling over 5% [1]

Core Viewpoint - Yongjia Group (03322.HK) reported a revenue of approximately HKD 1.737 billion for the six months ending June 30, 2025, representing a year-on-year decrease of 1.1% [1] - The company recorded a loss attributable to equity holders of HKD 43.535 million, which is a 45.9% reduction compared to the previous year [1] - The basic loss per share is HKD 0.034, and the company will not declare an interim dividend [1] Financial Performance - Revenue for the period was approximately HKD 1.737 billion, down 1.1% year-on-year [1] - Loss attributable to equity holders was HKD 43.535 million, a significant improvement of 45.9% from the prior year [1] - Basic loss per share was reported at HKD 0.034 [1] Market Reaction - Following the announcement, Yongjia Group's stock price increased by 5.71%, trading at HKD 0.222 [1]

Group 1 - The company reported revenue of HKD 1.737 billion for the six months ending June 30, 2025, representing a year-on-year decrease of 1.1% [1] - The company incurred a loss of HKD 56.055 million during the period, which is a year-on-year reduction of 34.6% [1] - The basic loss per share was HKD 0.034 [1]

Group 1 - The company reported revenue of HKD 1.737 billion for the six months ending June 30, 2025, representing a year-on-year decrease of 1.1% [1] - The company incurred a loss of HKD 56.055 million during the same period, which is a year-on-year reduction of 34.6% [1] - The basic loss per share was HKD 0.034 [1]

[Report Overview and Financial Highlights](index=1&type=section&id=Report%20Overview%20and%20Financial%20Highlights) This section summarizes Win Hanverky Holdings Limited's H1 2025 financial and operational highlights, noting narrowed losses from improved fashion retail despite production challenges [Company Information and Report Type](index=1&type=section&id=Company%20Information%20and%20Report%20Type) This section identifies the company and the nature of the interim financial report - Company name: Win Hanverky Holdings Limited, stock code: **3322**[2](index=2&type=chunk) - Report type: Interim Results Announcement for the six months ended June 30, 2025[2](index=2&type=chunk) [Financial Summary](index=1&type=section&id=Financial%20Summary) This section presents a concise overview of the company's key financial performance indicators Financial Summary for the Six Months Ended June 30, 2025 (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 1,736,568 | 1,756,510 | –1.1% | | Gross Profit | 324,359 | 325,854 | –0.5% | | Gross Margin | 18.7% | 18.6% | +0.1 percentage points | | Operating Loss | (28,238) | (62,015) | –54.5% | | Loss for the Period | (56,055) | (85,710) | –34.6% | | Basic Loss Per Share (HK cents) | (3.4) | (6.3) | –46.0% | [Operational Summary](index=1&type=section&id=Operational%20Summary) This section highlights key operational performance drivers and their impact on the company's financial results - Revenue decreased by **1.1%**, primarily due to a decline in the manufacturing business, partially offset by increased revenue from the premium fashion retail business[4](index=4&type=chunk) - The premium fashion retail business recorded an operating profit of **HKD 6.9 million** (compared to an operating loss of HKD 52.2 million in the same period of 2024), successfully turning profitable due to the introduction of franchised stores and reduced selling and distribution costs (with no impairment losses)[4](index=4&type=chunk) - The sportswear manufacturing business recorded an operating loss of **HKD 17.6 million** (compared to an operating profit of HKD 1.4 million in the same period of 2024), mainly due to raw material issues at Southeast Asian production facilities handling major orders, leading to higher-than-expected production and transportation costs[4](index=4&type=chunk) - Operating loss significantly reduced to **HKD 28.2 million**, and loss for the period decreased to **HKD 56.1 million**, a substantial reduction from the prior year[3](index=3&type=chunk)[4](index=4&type=chunk) - Financial and liquidity positions remain robust, with cash and bank balances at **HKD 437.1 million** and the net debt-to-asset ratio decreasing to **7.1%**[4](index=4&type=chunk) - The Board of Directors decided not to recommend an interim dividend to conserve financial resources[4](index=4&type=chunk) [Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) This section presents the consolidated income statement, comprehensive income, and financial position for H1 2025, showing narrowed losses, improved comprehensive income, increased cash, and higher borrowings [Consolidated Income Statement](index=2&type=section&id=Consolidated%20Income%20Statement) This statement details the company's revenues, costs, and resulting profit or loss for the period Key Data from Consolidated Income Statement (For the six months ended June 30) (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Revenue | 1,736,568 | 1,756,510 | | Cost of Sales | (1,412,209) | (1,430,656) | | Gross Profit | 324,359 | 325,854 | | Selling and Distribution Costs | (161,055) | (187,428) | | General and Administrative Expenses | (188,033) | (203,944) | | Operating Loss | (28,238) | (62,015) | | Loss for the Period | (56,055) | (85,710) | | Basic Loss Per Share (HK cents) | (3.4) | (6.3) | [Consolidated Statement of Comprehensive Income](index=3&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) This statement presents the company's total comprehensive income, including items not recognized in profit or loss Key Data from Consolidated Statement of Comprehensive Income (For the six months ended June 30) (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Loss for the Period | (56,055) | (85,710) | | Exchange Differences on Translation | 22,259 | (26,295) | | Total Comprehensive Income for the Period | (34,032) | (110,324) | | Total Comprehensive Income for the Period Attributable to Equity Holders of the Company | (22,999) | (103,380) | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) This statement provides a snapshot of the company's assets, liabilities, and equity at a specific point in time Key Data from Consolidated Statement of Financial Position (HKD thousands) | Indicator | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | Non-current Assets | 1,017,716 | 1,051,728 | | Current Assets | 1,683,839 | 1,645,908 | | Inventories | 765,181 | 716,368 | | Trade and Bills Receivables | 324,016 | 526,465 | | Cash and Bank Balances | 437,136 | 250,321 | | Current Liabilities | 1,274,618 | 1,205,273 | | Borrowings (Current) | 529,981 | 464,985 | | Non-current Liabilities | 115,810 | 147,204 | | Total Equity | 1,311,127 | 1,345,159 | [Notes to the Condensed Interim Financial Information](index=6&type=section&id=Notes%20to%20the%20Condensed%20Interim%20Financial%20Information) This section details the basis of preparation, segment information, other income/expenses, finance costs, income tax, loss per share, dividend policy, and trade receivables/payables and borrowings [1. Basis of Preparation](index=6&type=section&id=1.%20Basis%20of%20Preparation) This section outlines the accounting standards and principles used in preparing the interim financial information - The condensed interim financial information is prepared in accordance with Hong Kong Accounting Standard 34 "Interim Financial Reporting" issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure provisions of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[9](index=9&type=chunk) - Revisions to standards applicable to the current reporting period had no significant impact on the Group's results and financial position, and the Group has not applied new standards, amendments, or interpretations not yet effective[9](index=9&type=chunk) - The accounting policies applied are consistent with those adopted in the annual financial statements for the year ended December 31, 2024[9](index=9&type=chunk) [2. Segment Information](index=7&type=section&id=2.%20Segment%20Information) This section provides a breakdown of the company's financial performance and assets by its main business segments and geographical regions - The Group's principal business segments are manufacturing (sportswear manufacturing, high-performance outdoor apparel manufacturing) and premium fashion retail[10](index=10&type=chunk)[13](index=13&type=chunk) - Executive Directors assess business segment performance based on operating results, excluding net finance costs within each segment's results[11](index=11&type=chunk) Revenue by Product or Service Line (For the six months ended June 30) (HKD thousands) | Product/Service Line | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Sale of Goods | 1,732,370 | 1,743,005 | | Provision of Services | 4,198 | 13,505 | | **Total Revenue** | **1,736,568** | **1,756,510** | - The manufacturing segment primarily produces and sells sportswear and high-performance outdoor apparel on an original equipment manufacturing basis, while the premium fashion retail segment retails premium fashion products and holds distribution rights in various regions[13](index=13&type=chunk) H1 2025 Segment Results (HKD thousands) | Segment | Revenue | Operating Profit/(Loss) | | :--- | :--- | :--- | | Sportswear Manufacturing | 1,191,589 | (17,629) | | High-Performance Outdoor Apparel Manufacturing | 250,480 | (17,468) | | Premium Fashion Retail | 294,499 | 6,859 | | **Total** | **1,736,568** | **(28,238)** | H1 2024 Segment Results (HKD thousands) | Segment | Revenue | Operating Profit/(Loss) | | :--- | :--- | :--- | | Sportswear Manufacturing | 1,215,111 | 1,409 | | High-Performance Outdoor Apparel Manufacturing | 260,465 | (11,270) | | Premium Fashion Retail | 280,934 | (52,154) | | **Total** | **1,756,510** | **(62,015)** | Segment Assets and Liabilities (HKD thousands) | Indicator | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | **Total Assets** | **2,701,555** | **2,697,636** | | **Total Liabilities** | **(1,390,428)** | **(1,352,477)** | Revenue by Geographical Region (For the six months ended June 30) (HKD thousands) | Region | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Europe | 650,657 | 688,353 | | Mainland China | 455,456 | 484,360 | | Other Asian Countries | 241,054 | 222,083 | | United States | 219,113 | 215,684 | | Hong Kong | 49,693 | 54,858 | | Canada | 13,821 | 9,082 | | Others | 106,774 | 82,090 | | **Total** | **1,736,568** | **1,756,510** | Non-current Assets by Geographical Region (HKD thousands) | Region | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | Hong Kong | 332,187 | 339,596 | | Mainland China | 238,330 | 241,876 | | Vietnam | 175,521 | 191,042 | | Cambodia | 127,888 | 130,295 | | Others | 17,278 | 19,848 | | **Total** | **891,204** | **922,657** | [3. Other (Expenses) / Income — Net](index=11&type=section&id=3.%20Other%20(Expenses)%20%2F%20Income%20—%20Net) This section details the various non-operating income and expenses that impact the company's overall financial results Other (Expenses) / Income — Net (HKD thousands) | Item | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Net Exchange (Losses) / Gains | (5,520) | 2,510 | | Government Subsidies | 636 | 1,095 | | Rental Income | 1,255 | 783 | | Loss on Disposal of Property, Plant and Equipment and Lease Modifications — Net | (357) | (7) | | Others | 477 | (878) | | **Total** | **(3,509)** | **3,503** | [4. Finance Costs — Net](index=12&type=section&id=4.%20Finance%20Costs%20—%20Net) This section outlines the company's financing income and expenses, including interest on borrowings and lease liabilities Finance Costs — Net (HKD thousands) | Item | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Finance Income | 763 | 972 | | Interest on Bank Borrowings | (12,764) | (15,031) | | Interest on Lease Liabilities | (6,534) | (8,168) | | **Finance Costs — Net** | **(18,535)** | **(22,227)** | [5. Income Tax](index=12&type=section&id=5.%20Income%20Tax) This section details the current and deferred income tax expenses and applicable tax rates Income Tax Expense (HKD thousands) | Item | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Current Tax | 3,396 | 614 | | Deferred Tax | 5,451 | 1,412 | | **Total** | **8,847** | **2,026** | - The corporate income tax rate in Mainland China is **25%**, and the Hong Kong profits tax rate is **16.5%**[22](index=22&type=chunk) [6. Loss Per Share](index=13&type=section&id=6.%20Loss%20Per%20Share) This section presents the basic and diluted loss per share calculations for the period Loss Per Share (HK cents) | Indicator | 2025 (HK cents) | 2024 (HK cents) | | :--- | :--- | :--- | | Basic Loss Per Share | (3.4) | (6.3) | | Diluted Loss Per Share | (3.4) | (6.3) | - Basic loss per share is calculated based on the consolidated loss attributable to equity holders of the Company for the period and the weighted average number of **1,284,400,000** ordinary shares in issue[23](index=23&type=chunk) [7. Dividends](index=13&type=section&id=7.%20Dividends) This section states the Board's decision regarding interim dividend payments - The Board of Directors does not recommend the payment of an interim dividend for the six months ended June 30, 2025 (June 30, 2024: nil)[24](index=24&type=chunk) [8. Trade and Bills Receivables](index=13&type=section&id=8.%20Trade%20and%20Bills%20Receivables) This section provides details on the company's trade and bills receivables, including their aging analysis Trade and Bills Receivables (HKD thousands) | Item | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | Trade Receivables | 331,370 | 538,755 | | Bills Receivables | 5,993 | 3,957 | | Less: Loss Allowance for Trade Receivables | (13,347) | (16,247) | | **Total** | **324,016** | **526,465** | Aging Analysis of Trade and Bills Receivables (HKD thousands) | Aging | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | 0 to 90 days | 317,446 | 516,824 | | 91 to 180 days | 8,225 | 11,172 | | 181 to 365 days | 3,405 | 3,870 | | Over 365 days | 8,287 | 10,846 | | **Total** | **337,363** | **542,712** | - The Group generally grants credit terms of up to **90 days** to customers, with most sales made on an open account basis[25](index=25&type=chunk) [9. Trade Payables](index=14&type=section&id=9.%20Trade%20Payables) This section presents the aging analysis of the company's trade payables Aging Analysis of Trade Payables (HKD thousands) | Aging | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | 0 to 90 days | 290,036 | 255,461 | | 91 to 180 days | 3,701 | 19,729 | | 181 to 365 days | 1,373 | 998 | | Over 365 days | 2,572 | 2,749 | | **Total** | **297,682** | **278,937** | [10. Borrowings](index=14&type=section&id=10.%20Borrowings) This section details the company's borrowings, including their maturity profiles Borrowings Maturity Profile (HKD thousands) | Maturity Time | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | Within one year | 461,981 | 394,485 | | After one year but within two years | 5,000 | 5,000 | | After two years but within five years | 15,000 | 15,000 | | After five years | 48,000 | 50,500 | | **Total** | **529,981** | **464,985** | - The Group's borrowings are accounted for at amortized cost, with interest-bearing bank borrowings repayable within one year or on demand[27](index=27&type=chunk) [Management Discussion and Analysis](index=15&type=section&id=Management%20Discussion%20and%20Analysis) This section provides management's analysis of H1 performance, noting improved profitability from fashion retail and cost control despite production challenges, with a cautious outlook [Overall Financial and Operational Performance](index=15&type=section&id=Overall%20Financial%20and%20Operational%20Performance) This section summarizes the Group's overall financial and operational results for the period, highlighting key drivers and outcomes - The Group's revenue was **HKD 1,736.6 million**, a **1.1%** year-on-year decrease, primarily due to a decline in manufacturing revenue, partially offset by an increase in premium fashion retail revenue[28](index=28&type=chunk) - The premium fashion retail business recorded an operating profit of **HKD 6.9 million**, a significant improvement from an operating loss of HKD 52.2 million in the prior year, mainly attributed to the introduction of franchised stores and reduced selling and distribution costs (with no impairment losses)[28](index=28&type=chunk) - The sportswear manufacturing business recorded an operating loss of **HKD 17.6 million**, primarily due to raw material issues at Southeast Asian production facilities handling certain major orders, leading to higher-than-expected production and transportation costs[29](index=29&type=chunk) - Overall operating loss significantly decreased to **HKD 28.2 million**, and loss for the period reduced to **HKD 56.1 million**[29](index=29&type=chunk) - The Board of Directors does not recommend an interim dividend to conserve financial resources for challenges[29](index=29&type=chunk) [Business Segment Review](index=16&type=section&id=Business%20Segment%20Review) This section provides a detailed review of the performance of each of the Group's business segments - The operating environment in H1 2025 was complex and volatile, with the Group facing economic and industry-specific challenges[30](index=30&type=chunk) Sportswear Manufacturing Business Performance (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 1,191,600 | 1,215,100 | -1.9% | | Operating Profit/(Loss) | (17,600) | 1,400 | N/A | - The operating loss in the sportswear manufacturing business was mainly due to raw material issues at Southeast Asian production facilities handling certain major orders, resulting in higher-than-expected production and transportation costs[32](index=32&type=chunk) High-Performance Outdoor Apparel Manufacturing Business Performance (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 250,500 | 260,500 | -3.8% | | Operating Profit/(Loss) | (17,500) | (11,300) | N/A | - The decline in revenue for the high-performance outdoor apparel manufacturing business was due to the Group's strategic adjustments to reduce reliance on outsourced garment manufacturers while gradually increasing internal production capacity[33](index=33&type=chunk) Premium Fashion Retail Business Performance (HKD thousands) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 294,500 | 280,900 | +4.8% | | Operating Profit/(Loss) | 6,900 | (52,200) | N/A | - The premium fashion retail business successfully turned profitable primarily due to the introduction of franchised stores for rapidly growing brands in addition to directly operated stores, and reduced selling and distribution costs (with no recurrence of the HKD 20.1 million impairment loss from the prior year)[34](index=34&type=chunk) - As of June 30, 2025, the total number of directly operated stores decreased to **95** (June 30, 2024: 110)[35](index=35&type=chunk) [Business Outlook](index=17&type=section&id=Business%20Outlook) This section discusses the Group's expectations and strategies for its business segments in the upcoming period - The economic and political landscape in H2 2025 is expected to remain complex and unpredictable, and the Group will continue to manage its business operations flexibly and prudently in this ever-changing environment[36](index=36&type=chunk)[37](index=37&type=chunk) - The sportswear manufacturing business has a stable outlook, benefiting from global focus on health and fitness and active sports participation, and will focus on identifying new clients and expanding its customer base[38](index=38&type=chunk)[39](index=39&type=chunk) - The high-performance outdoor apparel manufacturing business is expected to maintain its momentum in the second half through strategic adjustments and a strong strategic partnership with an integrated sportswear enterprise group[40](index=40&type=chunk) - The premium fashion retail market faces challenges from evolving consumption patterns, with a difficult recovery path anticipated; the Group will expand its footprint and drive revenue growth through a direct-to-consumer plus franchise model, while strictly controlling costs and closing unprofitable stores[41](index=41&type=chunk) [Financial Position and Liquidity](index=19&type=section&id=Financial%20Position%20and%20Liquidity) This section assesses the company's financial health, cash flow, and ability to meet its short-term and long-term obligations - The Group's financial and liquidity positions remain robust, and it will continue to actively monitor the situation, implement strict cost control measures, and focus on cash flow management[42](index=42&type=chunk) Key Data on Financial Position and Liquidity (HKD thousands) | Indicator | June 30, 2025 (HKD thousands) | December 31, 2024 (HKD thousands) | | :--- | :--- | :--- | | Cash and Bank Balances | 437,100 | 250,300 | | Net Borrowings | 92,800 | 214,700 | | Available Undrawn Bank Facilities | 728,200 | 713,900 | | Net Debt-to-Asset Ratio | 7.1% | 16.0% | - The Group anticipates stable cash inflows from operating activities, along with sufficient cash and bank balances and readily available bank financing facilities, providing ample liquidity and financial resources to meet operating costs and financial obligations due in the next twelve months[42](index=42&type=chunk) [Foreign Currency Risk](index=19&type=section&id=Foreign%20Currency%20Risk) This section discusses the Group's exposure to foreign currency fluctuations and its management strategies - The Group considers foreign exchange risk for USD transactions and USD cash balances to be minimal due to the Hong Kong Dollar's peg to the US Dollar[43](index=43&type=chunk) - Approximately **70.7%** of revenue and **79.1%** of purchases are denominated in US Dollars[43](index=43&type=chunk) - Approximately **54.6%** of cash and bank balances are denominated in US Dollars, and approximately **45.7%** of bank borrowings are denominated in Hong Kong Dollars[43](index=43&type=chunk) - The Group continuously monitors foreign currency risk closely to ensure net exposure is at an acceptable level and may use appropriate financial instruments to mitigate foreign currency risk[43](index=43&type=chunk) [Other Disclosures](index=20&type=section&id=Other%20Disclosures) This section covers other important disclosures including employees, asset charges, contingent liabilities, directors' securities transactions, corporate governance, and financial review [Employees and Remuneration Policy](index=20&type=section&id=Employees%20and%20Remuneration%20Policy) This section details the Group's employee numbers and its remuneration and benefits policies - As of June 30, 2025, the Group had approximately **17,000** employees, consistent with December 31, 2024[44](index=44&type=chunk) - Employee remuneration is determined based on individual performance, work experience, and prevailing market conditions, with retirement benefits, insurance, medical allowances, and share option schemes provided[44](index=44&type=chunk) [Charges on the Group's Assets](index=20&type=section&id=Charges%20on%20the%20Group's%20Assets) This section discloses any assets of the Group that have been pledged as security for borrowings - As of June 30, 2025, the Group had no pledged bank deposits (December 31, 2024: HKD 1.2 million pledged)[45](index=45&type=chunk) - Land and properties with a total carrying amount of **HKD 80.5 million** (December 31, 2024: HKD 82.0 million) have been pledged to several banks for certain of the Group's banking facilities[45](index=45&type=chunk) [Contingent Liabilities](index=20&type=section&id=Contingent%20Liabilities) This section confirms the absence of any significant contingent liabilities or legal proceedings - As of June 30, 2025, the Group had no significant contingent liabilities or material litigation or arbitration[46](index=46&type=chunk) [Standard Code for Securities Transactions by Directors](index=20&type=section&id=Standard%20Code%20for%20Securities%20Transactions%20by%20Directors) This section confirms the company's adoption and directors' compliance with the standard code for securities transactions - The Company has adopted the Model Code for Securities Transactions by Directors of Listed Issuers as set out in Appendix C3 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[47](index=47&type=chunk) - All Directors confirmed compliance with the required standards set out in the Model Code for the six months ended June 30, 2025[47](index=47&type=chunk) [Purchase, Sale or Redemption of the Company's Listed Securities](index=20&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company's%20Listed%20Securities) This section confirms no transactions involving the company's listed securities by the company or its subsidiaries - Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the six months ended June 30, 2025[48](index=48&type=chunk) - As of June 30, 2025, the Company and its subsidiaries did not hold any treasury shares[48](index=48&type=chunk) [Corporate Governance](index=21&type=section&id=Corporate%20Governance) This section confirms the company's adherence to corporate governance principles and code provisions - The Company has applied the principles and complied with the applicable code provisions of the Corporate Governance Code set out in Appendix C1 of the Listing Rules for the six months ended June 30, 2025[50](index=50&type=chunk) [Review of Financial Information](index=21&type=section&id=Review%20of%20Financial%20Information) This section confirms the review of the interim financial information by the audit committee and external auditors - The Audit Committee, in conjunction with the Company's management, discussed and reviewed the unaudited condensed interim financial information for the six months ended June 30, 2025, and recommended it for Board approval[51](index=51&type=chunk) - The Company's auditor, PricewaterhouseCoopers, has reviewed the financial information in accordance with Hong Kong Standard on Review Engagements 2410[51](index=51&type=chunk) [Publication of Interim Results and Interim Report](index=21&type=section&id=Publication%20of%20Interim%20Results%20and%20Interim%20Report) This section provides information on where the interim results announcement and report are published - This results announcement has been published on the website of Hong Kong Exchanges and Clearing Limited (http://www.hkexnews.hk) and the Company's website (http://www.winhanverky.com)[52](index=52&type=chunk) - The interim report for the six months ended June 30, 2025, will be dispatched to shareholders and published on the aforementioned websites later[52](index=52&type=chunk) [Board of Directors](index=21&type=section&id=Board%20of%20Directors) This section lists the composition of the company's Board of Directors - The Board of Directors comprises Executive Directors Mr. Li Kwok Tung (Chairman), Mr. Lai Ching Ping, Mr. Li Kwok Leung, and Mr. Wong Chi Keung[53](index=53&type=chunk)[54](index=54&type=chunk) - The Board of Directors comprises Independent Non-executive Directors Mr. Kwan Kai Cheong, Mr. Ma Ka Chun, and Ms. Chan Kit Fan[53](index=53&type=chunk)

[Yongjia Group Holdings Limited 2024 Annual Report Supplemental Announcement](index=1&type=section&id=Yongjia%20Group%20Holdings%20Limited%202024%20Annual%20Report%20Supplemental%20Announcement) This announcement supplements Yongjia Group Holdings Limited's 2024 annual report, providing additional details on the share option scheme while affirming the unchanged status of other report contents [Basic Information of the Announcement](index=1&type=section&id=Basic%20Information%20of%20the%20Announcement) This section outlines the fundamental context of Yongjia Group Holdings Limited's supplemental announcement, including company details and its purpose as an annual report supplement - This announcement is a supplement to the **annual report** of **Yongjia Group Holdings Limited (Stock Code: 3322)** for the year ended December 31, 2024, published on **April 24, 2025**[2](index=2&type=chunk) - The announcement date is **August 15, 2025**[3](index=3&type=chunk) [Supplemental Information on Share Option Scheme](index=1&type=section&id=Supplemental%20Information%20on%20Share%20Option%20Scheme) This section provides supplementary details on the company's share option scheme, including its effective date, validity, and the number of shares available for issuance as of year-end 2024 - The company's share option scheme became effective on **June 20, 2016**, with a validity period of **ten years**[2](index=2&type=chunk) Key Data of Share Option Scheme | Metric | Data | | :--- | :--- | | **Total Shares Available for Issuance (as of January 1, 2024, and December 31, 2024)** | 128,440,000 shares | | **Percentage of Total Issued Shares (excluding treasury shares)** | 10% | - The information contained in this supplemental announcement does not affect other information in the annual report; all other information in the annual report remains **unchanged** except for the disclosed content[2](index=2&type=chunk) [Board Members](index=1&type=section&id=Board%20Members) This section lists the board members of Yongjia Group Holdings Limited as of the announcement date, highlighting the independent non-executive directors - As of the announcement date, the board members include: **Li Kwok Tung (Chairman)**, **Lai Ching Ping**, **Li Kwok Leung**, **Wong Chi Keung**, **Kwan Kai Cheong (Independent Non-executive Director)**, **Ma Ka Chun (Independent Non-executive Director)**, and **Chan Kit Fan (Independent Non-executive Director)**[3](index=3&type=chunk)[4](index=4&type=chunk)