ZHENGYE INTERNATIONAL HOLDINGS COMPANY LIMITED （於百慕達註冊成立的有限公司） 正業國際控股有限公司 （股份代號：3363） 盈利警告 本 公 告 乃 正 業 國 際 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 為「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條及香港法例第 571章 證 券 及 期 貨 條 例（「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）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 潛 在 投 資 者， 基 於 對 本 集 團 未 經 審 核 綜 合 管 理 賬 目 之 初 步 審 閱，本 集 團 預 期 於 截 至 二 零 二 五 年六月三十日止六個月錄得之本公司權益持有人應佔盈利為約人民幣1.0百 萬 元至人民幣3.0百 萬 元，而 截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 之 本 公 司 權 益 持有人應佔盈利為約人 ...

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。 承董事會命 正業國際控股有限公司 董事長 胡 正 ZHENGYE INTERNATIONAL HOLDINGS COMPANY LIMITED （於百慕達註冊成立的有限公司） （股份代號：3363） 正業國際控股有限公司 香 港，二 零 二 五 年 八 月 七 日 於 本 公 告 日 期，董 事 會 由 執 行 董 事 胡 正 先 生、胡 漢 程 先 生（胡 健 君 先 生 為 其 候 補 董 事）、胡 漢 朝 先 生（譚 錫 健 先 生 為 其 候 補 董 事）、胡 健 鵬 先 生 及 陳 威 女 士；非 執 行 董 事 胡 健 雯 女 士；及 獨 立 非 執 行 董 事 歐 陽 寶 豐 先 生、鍾 國 武 先 生 及 劉 懷 鏡 先 生 組 成。 董事會會議召開日期 正 業 國 際 控 股 有 限 公 司（「本公司」）之 董 事 會（「董事會」 ...

正业国际(03363)发布公告，自2025年7月31日起，由于有意投放更多时间于私人事务，冼易已辞任公司 独立非执行董事。 欧阳宝丰已获委任为独立非执行董事，以填补冼先生辞任后的空缺，自2025年7月31日起生效。 自2025年7月31日起：(1)于冼先生辞任后，彼将不再担任公司薪酬委员会主席以及公司审核委员会、提 名委员会及风险管理委员会各自的成员;及(2)欧阳先生将获委任为公司薪酬委员会主席以及公司审核委 员会、提名委员会及风险管理委员会各自的成员。 ...

格隆汇7月31日丨正业国际(03363.HK)公告，由于有意投放更多时间于私人事务，冼易先生已辞任公司 独立非执行董事。董事会欣然宣布，欧阳宝丰先生已获委任为独立非执行董事，以填补冼先生辞任后的 空缺，自2025年7月31日起生效。 ...

智通财经APP讯，正业国际(03363)发布公告，自2025年7月31日起，由于有意投放更多时间于私人事 务，冼易已辞任公司独立非执行董事。 欧阳宝丰已获委任为独立非执行董事，以填补冼先生辞任后的空缺，自2025年7月31日起生效。 自2025年7月31日起：(1)于冼先生辞任后，彼将不再担任公司薪酬委员会主席以及公司审核委员会、提 名委员会及风险管理委员会各自的成员;及(2)欧阳先生将获委任为公司薪酬委员会主席以及公司审核委 员会、提名委员会及风险管理委员会各自的成员。 ...

ZHENGYE INTERNATIONAL HOLDINGS COMPANY LIMITED 董事名單及其角色和職能 正 業 國 際 控 股 有 限 公 司 的 董 事 會（「董事會」）成 員 及 董 事 會 已 設 立 下 的 五 個 董 事 委 員 會 之 董 事 會 成 員 於 此 等 董 事 委 員 會 中 所 擔 任 的 職 位 載 列 如 下： C 有關董事委員會的主席 正業國際控股有限公司 M 有關董事委員會的成員 （於百慕達註冊成立的有限公司） （股份代號：3363） 香 港，二 零 二 五 年 七 月 三 十 一 日 | 董事委員會 | | | 審 核 | 提 名 | 薪 酬 | 風險管理 | 預算管理 | | --- | --- | --- | --- | --- | --- | --- | --- | | 董事會 | | | 委員會 | 委員會 | 委員會 | 委員會 | 委員會 | | 執 行 董 事： | | | | | | | | | （董 事 胡正先生 | 長） | | | C | M | C | C | | （副 董 胡漢程先生 | | 事 長） | | | | | M | | ...

正 業 國 際 控 股 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，自 二 零 二 五 年 七 月 三 十 一 日 起，由 於 有 意 投 放 更 多 時 間 於 私 人 事 務，冼 易 先 生（「冼 先 生」）已 辭 任 本 公 司 獨 立 非 執 行 董 事（「獨立非執行董事」）。 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。 ZHENGYE INTERNATIONAL HOLDINGS COMPANY LIMITED （於百慕達註冊成立的有限公司） （股份代號：3363） 正業國際控股有限公司 (1)獨 立 非 執 行 董 事 變 更；及 (2)董事委員會組成變更 獨立非執行董事辭任 冼 先 生 已 確 認，彼 與 董 事 會 並 無 意 見 分 歧，亦 並 無 有 關 彼 辭 任 的 事 宜 須 提 請 本 公 司 股 東（「股 東」）或 香 港 聯 ...

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: 正業國際控股有限公司 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) | 03363 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000, ...

Financial Performance - For the year ended December 31, 2024, the company's revenue increased to RMB 2,435,830, up from RMB 2,390,517 in 2023, representing a growth of approximately 1.9%[7] - The profit attributable to the owners of the company for 2024 was RMB 36,392, a significant recovery from a loss of RMB 17,553 in 2023[7] - The return on equity attributable to the owners improved to 3.25% in 2024, compared to a loss of 1.61% in 2023[12] - The Group's total revenue for the twelve months ended December 31, 2024, was approximately RMB2,435,830,000, representing a year-on-year increase of 1.90% from RMB2,390,517,000 in 2023[40] - The Group achieved a gross profit of RMB293,879,000, with a gross profit margin of approximately 12.06%, up from 11.29% in the previous year[40] - Profit before tax for 2024 was RMB 33,069,000, compared to a loss of RMB 17,678,000 in 2023, indicating a significant turnaround in performance[144] - The gross profit for the year was RMB293,879,000, an increase of 8.85% from RMB269,996,000 in 2023[102] Dividends and Shareholder Returns - The company declared a dividend per share of RMB 2.00 for 2024, doubling from RMB 1.00 in 2023[13] - The Group's cash dividend for the year is RMB2.00 cents per share[47] - The board has recommended a final dividend of RMB 2 cents per share for the year ended December 31, 2024, compared to RMB 1 cent per share in 2023[128] Market and Industry Trends - The domestic papermaking industry saw a gradual introduction of new production capacity, leading to a relatively sufficient supply of raw paper[38] - Despite low overall demand in downstream sectors, festive factors in the fourth quarter boosted market demand, supporting rising paper prices[38] - The global economy showed unexpected resilience in 2024, with China's proactive fiscal policies aiding economic recovery[33] - The consumer market showed signs of recovery in the second half of 2024, aided by national policy efforts and seasonal demand[67] - In 2025, domestic demand is expected to be the primary driver of China's economic growth, leading to increased demand for high-quality paper and packaging products[91] Operational Efficiency and Capacity - The Group's vertically integrated industrial chain includes waste paper recycling, packaging paper manufacturing, and production of paper-based packaging products[78] - The Group has 8 packaging paper production lines with a total designed annual capacity of 900,000 tons as of December 31, 2024, making it one of the leading producers in Guangdong[80][81] - The planned annual capacity for corrugated cartons is 298,323,000 square meters, while the planned capacity for honeycomb paper-based products is 11,008,000 square meters[83][84] - The actual capacity utilization rate for the No. 1 paper machine in Zhongshan was 91.77% in 2024, compared to 91.31% in 2023[82] - The effective capacity utilization rate for the new No. 2 corrugated cartons production line was 91.76% in 2024[86] Financial Position and Cash Flow - As of December 31, 2024, the group's net assets increased to RMB 1,406,942,000 from RMB 1,370,638,000 in 2023[132] - The current ratio improved from 1.04 in 2023 to 1.18 in 2024, indicating better short-term financial health[132] - The net cash outflow from operating activities for 2024 was RMB 417,901,000, compared to RMB 120,773,000 in 2023[133] - The net cash inflow from financing activities amounted to RMB 619,310,000 in 2024, reflecting increased borrowing activities[134] - The net gearing ratio increased to 70.23% in 2024 from 61.96% in 2023, indicating a higher level of debt relative to equity[132] Cost Management - The cost of sales increased from RMB2,120,521,000 in 2023 to RMB2,141,951,000 in 2024, representing an increase of 1.01%[99] - Distribution and selling expenses increased by approximately 2.37% from RMB86,334,000 in 2023 to RMB88,381,000 in 2024[114] - Administrative expenses decreased by approximately 4.17% from RMB138,972,000 in 2023 to RMB133,183,000 in 2024[115] - Research and development expenses decreased from RMB90,235,000 in 2023 to RMB86,688,000 in 2024, representing approximately 3.56% of sales revenue[117] Human Resources and Management - As of December 31, 2024, the Group employed 2,705 employees, an increase from 2,615 employees in the previous year, with total staff costs amounting to RMB 308,669,000, up from RMB 287,052,000[167][172] - The total number of employees in production and quality control functions is 1,797, representing 66.43% of the total workforce[173][172] - The Group plans to optimize human resources and promote a younger management team to adapt to transformative changes in the industry[92] Risks and Challenges - The Group's packaging business faces significant competition, with operational risks stemming from macroeconomic policy adjustments and rising raw material prices impacting profitability[179][180][181] - The Group's operational risks include potential increases in costs due to tightening environmental protection policies in China[179][186] Governance and Compliance - The Board of Directors consists of nine members, including five Executive Directors and three Independent Non-executive Directors, ensuring a balanced composition of skills and experience[198] - The Company has received annual confirmations of independence from each Independent Non-executive Director, adhering to the independence guidelines set out in Rule 3.13 of the Listing Rules[199] - The Board assesses a director's independence on a case-by-case basis, considering factors such as business acumen, industry experience, and professional qualifications, rather than solely on tenure[200]

Financial Performance - Total revenue for the year ended December 31, 2024, was RMB 2,435,830, an increase of 1.9% from RMB 2,390,517 in 2023[3] - Gross profit margin improved to 12.06% in 2024 from 11.29% in 2023[3] - The company reported a net profit attributable to shareholders of RMB 36,392, compared to a loss of RMB 17,553 in the previous year[4] - Basic earnings per share increased to RMB 0.07 from a loss of RMB 0.04 in 2023[4] - The group reported a pre-tax profit of RMB 33,069,000 for 2024, compared to a pre-tax loss of RMB 17,678,000 in 2023[16][27] - The gross profit for the year was RMB 293,879,000, an increase of 8.85% compared to RMB 269,996,000 in the same period of 2023, with an average gross margin rising from 11.29% to 12.06%[54] - The gross profit from packaging paper for 2024 was RMB 150,862,000, up 25.10% from RMB 120,589,000 in 2023, with a gross margin of 8.67%, an increase of 1.69 percentage points[55] - The gross profit from paper packaging products for 2024 was RMB 143,017,000, a decrease of 4.28% from RMB 149,407,000 in 2023, with a gross margin of 20.58%, down 1.99 percentage points[56] Dividends - The board proposed a final dividend of RMB 0.02 per share, up from RMB 0.01 per share in the previous year[3] - The company declared a final dividend of RMB 2.00 per share for the year ending December 31, 2024, compared to RMB 1.00 per share in 2023, representing a 100% increase[31] - The board recommends a final dividend of RMB 0.02 per share for the year ending December 31, 2024, compared to RMB 0.01 per share for the previous year[75] - The proposed final dividend will be distributed to shareholders on or around July 11, 2025[85] Assets and Liabilities - Non-current assets increased to RMB 1,726,327 in 2024 from RMB 1,594,926 in 2023[5] - Current liabilities decreased to RMB 971,159 in 2024 from RMB 1,340,883 in 2023[5] - Total equity attributable to shareholders rose to RMB 1,120,428 in 2024 from RMB 1,089,036 in 2023[6] - The total asset liability ratio as of December 31, 2024, was approximately 36.12%, up from 34.15% in 2023, with a net debt-to-equity ratio of 70.23%, compared to 61.96% in 2023[70] - As of December 31, 2024, the group has pledged assets with a carrying value of RMB 599,729,000, down from RMB 895,429,000 as of December 31, 2023[71] - As of December 31, 2024, the group's capital commitments amounted to RMB 176,628,000, significantly increased from RMB 12,611,000 as of December 31, 2023, primarily for the purchase of properties, plants, and equipment[72] Income and Expenses - The company recorded other income of RMB 83,407, slightly down from RMB 83,835 in the previous year[4] - The total depreciation and amortization expenses for 2024 amounted to RMB 125,882,000, up from RMB 122,716,000 in 2023[18][27] - Interest income from bank deposits decreased to RMB 2,799,000 in 2024 from RMB 4,232,000 in 2023[24] - The company received government subsidies totaling RMB 67,233,000 in 2024, slightly down from RMB 72,814,000 in 2023[24] - The total financing costs decreased to RMB 44,302,000 in 2024 from RMB 52,434,000 in 2023[26] - The company's income tax expense was RMB 1,897,000, compared to RMB 407,000 in 2023, indicating a significant increase[28] - Distribution and selling expenses increased by approximately 2.37% to RMB 88,381,000 from RMB 86,334,000 in 2023[58] - Administrative expenses decreased by approximately 4.17% to RMB 133,183,000 from RMB 138,972,000 in 2023[59] - Research and development expenses decreased to RMB 86,688,000, accounting for approximately 3.56% of sales revenue, down from RMB 90,235,000 or 3.77% in 2023[61] Market and Operations - The company is primarily engaged in the production and sale of packaging paper and paper products[15] - The packaging paper segment generated external sales of RMB 1,740,985,000, while the paper packaging segment generated RMB 694,845,000[16] - In 2024, the group's paper business achieved revenue of RMB 1,740,985,000, a slight increase of approximately 0.71% compared to RMB 1,728,660,000 in the previous year[43] - The packaging segment recorded revenue of RMB 694,845,000, up 4.98% from RMB 661,857,000 in the previous year[46] - The paper product sales volume increased by 12.59% year-on-year, while the sales price decreased by approximately 10.54%[50] - The company aims to enhance competitiveness in the packaging and paper business while optimizing human resources and management processes[49] Accounting Standards - The group has adopted new Hong Kong Financial Reporting Standards, effective from January 1, 2024, which include significant revisions to accounting standards[8] - The implementation of HKAS 7 and HKFRS 7 has introduced new disclosure requirements regarding supplier financing arrangements, impacting the assessment of liabilities and cash flows[9] - The group has not applied any new accounting standards that have been issued but are not yet effective, indicating a cautious approach to upcoming changes[11] - The company is evaluating the specific impact of HKFRS 18 on its consolidated financial statements, which will affect the presentation and disclosure in future income statements[13] - The group has not identified any significant impact on its financial position or performance from the newly adopted accounting standards for the current and prior years[8] - The new accounting standards are expected to influence the presentation of financial statements starting from 2027, with early application permitted[13] Shareholder Information - The company’s major shareholders collectively own 75% of the shares, indicating a strong control over the company[1] - The company has complied with the public float requirement, with over 25% of its issued shares held by the public[80] - The audit committee has confirmed that the consolidated financial statements for the year have been prepared in accordance with applicable accounting standards and fairly present the group's financial position and performance[82] - The annual general meeting is scheduled for June 13, 2025, with a record date for attendance and voting set for the same day[83] - The company will suspend share registration from June 27, 2025, to July 2, 2025, for the purpose of determining the entitlement to the proposed final dividend[85] - The record date for the entitlement to the proposed final dividend is July 2, 2025[85] Economic Environment - The global economic environment remains challenging, with geopolitical tensions and policy uncertainties impacting growth, but the company aims to adapt and strengthen its market position[41] - The majority of the group's income and expenses are denominated in RMB, with low exposure to foreign exchange risk from transactions primarily in USD and HKD[74]