香港联交所最新资料显示，8月27日，亨得利(03389)股东将股票由国泰君安(香港)转入民银证券，转仓 市值9165.3万港元，占比16.01%。 公告称，溢利的主要原因是汇率波动导致营运单位产生外汇兑换收益。 亨得利发布2025年中期业绩，该集团取得收入3.14亿元，同比减少45.8%;股份持有人应占溢利2630.8万 元，去年同期则取得亏损250.4万元;每股盈利0.006元。 ...

公告称，溢利的主要原因是汇率波动导致营运单位产生外汇兑换收益。 亨得利(03389)发布2025年中期业绩，该集团取得收入3.14亿元，同比减少45.8%;股份持有人应占溢利 2630.8万元，去年同期则取得亏损250.4万元;每股盈利0.006元。 ...

Group 1 - The company Henley (03389) reported a revenue of 314 million, representing a year-on-year decrease of 45.8% [1] - The profit attributable to shareholders was 26.308 million, compared to a loss of 2.504 million in the same period last year [1] - Earnings per share were 0.006 [1] Group 2 - The main reason for the profit was foreign exchange gains resulting from currency fluctuations [1]

Group 1 - The company reported a revenue of 314 million RMB for the six months ending June 30, 2025, representing a decrease of 45.8% year-on-year [1] - Shareholders' profit attributable to the company was 26.31 million RMB, compared to a loss of 2.504 million RMB in the same period last year [1]

[Financial Summary](index=1&type=section&id=Financial%20Summary) The company experienced a significant revenue decline but achieved substantial profit growth, driven by improved gross margin and foreign exchange gains Financial Summary for the Six Months Ended June 30 | Metric | 2025 (RMB in thousands) | 2024 (RMB in thousands) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 314,314 | 580,361 | -45.8 | | Gross Margin | 20.5% | 16.4% | 410bps | | Profit for the Period | 26,033 | 499 | 5,117.0 | | Profit/(Loss) Attributable to Shareholders | 26,308 | (2,504) | 1,150.6 | [Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) For the six months ended June 30, 2025, revenue significantly decreased by 45.8%, yet profit for the period and attributable profit grew substantially due to foreign exchange gains and improved gross margin Consolidated Statement of Profit or Loss Summary (For the Six Months Ended June 30) | Metric | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Revenue | 314,314 | 580,361 | | Cost of Sales | (249,803) | (484,998) | | Gross Profit | 64,511 | 95,363 | | Other Income | 32,385 | 33,322 | | Net Other Gains/(Losses) | 54,219 | (25,686) | | Operating Profit/(Loss) | 31,773 | (17,220) | | Profit Before Tax | 27,404 | 6,575 | | Profit for the Period | 26,033 | 499 | | Profit/(Loss) Attributable to Owners of the Company | 26,308 | (2,504) | | Basic Earnings/(Loss) Per Share | RMB 0.006 | RMB (0.001) | Other Comprehensive Income Summary (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Profit for the Period | 26,033 | 499 | | Exchange differences arising from translation of financial statements of overseas subsidiaries | (38,887) | 31,039 | | Exchange differences arising from translation of equity investments measured at fair value through other comprehensive income | (11,086) | 9,439 | | Total comprehensive income for the period | (74,673) | 73,217 | | Total comprehensive income attributable to owners of the Company | (74,411) | 70,218 | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, total assets and net current assets slightly decreased, while cash and cash equivalents increased, and non-current assets saw minor reductions Consolidated Statement of Financial Position Summary (As at Period End) | Metric | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | **Non-current Assets** | | | | Investment properties | 255,466 | 259,110 | | Property, plant and equipment | 528,798 | 538,212 | | Interests in associates | 155,343 | 161,164 | | Other investments | 374,554 | 402,240 | | **Current Assets** | | | | Inventories | 141,496 | 175,432 | | Trade and other receivables | 531,731 | 616,205 | | Bank deposits | 100,876 | 329,600 | | Cash and cash equivalents | 1,195,507 | 937,036 | | **Current Liabilities** | | | | Trade and other payables and contract liabilities | 129,718 | 168,777 | | Bank borrowings | 36,054 | 45,953 | | **Non-current Liabilities** | | | | Bank borrowings | 12,812 | 12,050 | | **Net Assets** | | | | Total equity | 3,204,832 | 3,279,504 | [Condensed Consolidated Statement of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) For the six months ended June 30, 2025, operating cash flow turned positive, investing cash flow significantly increased due to decreased bank deposits, and financing cash outflow rose Condensed Consolidated Statement of Cash Flows Summary (For the Six Months Ended June 30) | Metric | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Net cash from/(used in) operating activities | 90,995 | (80,420) | | Net cash from investing activities | 245,870 | 108,029 | | Net cash (used in)/from financing activities | (16,517) | 801 | | Net increase in cash and cash equivalents | 320,348 | 28,410 | | Cash and cash equivalents at June 30 | 1,195,507 | 1,060,434 | [Notes to the Unaudited Interim Financial Report](index=7&type=section&id=Notes%20to%20the%20Unaudited%20Interim%20Financial%20Report) [1. Basis of Preparation](index=7&type=section&id=1.%20Basis%20of%20Preparation) This interim financial report is prepared under HKEX Listing Rules and HKAS 34, reviewed by the audit committee, with accounting policies consistent with 2024 annual financial statements, except for expected changes - The report is prepared in accordance with the HKEX Listing Rules and HKAS 34 issued by the HKICPA, and has been reviewed by the audit committee[11](index=11&type=chunk) - Accounting policies are consistent with those adopted in the 2024 annual financial statements, except for expected changes to be reflected in the 2025 annual financial statements[11](index=11&type=chunk) [2. Changes in Accounting Policies](index=7&type=section&id=2.%20Changes%20in%20Accounting%20Policies) HKFRS revisions effective this period have no material impact on the group's results or financial position, and no new standards not yet effective have been adopted - Certain amendments issued by the HKICPA have no material impact on the group's results or financial position for the current or prior accounting periods[13](index=13&type=chunk) - The group has not early adopted any new standards or interpretations that are not yet effective for the current accounting period[14](index=14&type=chunk) [3. Segment Reporting](index=7&type=section&id=3.%20Segment%20Reporting) The group operates in high-end consumer support and commodity trading segments, both managed by region and product line, experiencing declines in revenue and gross profit, with commodity trading seeing a significant drop - The group's business is divided into two reportable segments: "High-end Consumer Support" and "Commodity Trading," managed by geographical area and product/service lines[15](index=15&type=chunk)[18](index=18&type=chunk) Reportable Segment Revenue and Gross Profit (For the Six Months Ended June 30) | Metric | 2025 (RMB in thousands) | 2024 (RMB in thousands) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Revenue from external customers** | | | | | High-end Consumer Support | 248,095 | 352,339 | -29.6% | | Commodity Trading | 66,219 | 228,022 | -71.0% | | **Reportable segment gross profit** | | | | | High-end Consumer Support | 55,343 | 68,915 | -19.7% | | Commodity Trading | 9,168 | 26,448 | -65.3% | | **Reportable segment assets (As at period end)** | | | | | High-end Consumer Support | 62,042 | 69,420 | -10.6% | | Commodity Trading | 79,454 | 106,012 | -25.1% | Reconciliation of Consolidated Profit or Loss (For the Six Months Ended June 30) | Metric | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Total reportable segment revenue | 369,549 | 668,033 | | Elimination of inter-segment revenue | (55,235) | (87,672) | | Consolidated revenue | 314,314 | 580,361 | | Total reportable segment gross profit | 64,511 | 95,363 | | Consolidated profit before tax | 27,404 | 6,575 | [4. Other Income and Net Other Gains/(Losses)](index=10&type=section&id=4.%20Other%20Income%20and%20Net%20Other%20Gains%2F(Losses)) Other income slightly decreased, but net other gains shifted from a loss to a significant gain, primarily due to foreign exchange and fair value gains on financial assets held for trading Other Income (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Interest income | 18,918 | 20,690 | | Rental income | 1,071 | 1,441 | | Government grants | 1,931 | 552 | | Dividend income from other investments | 8,876 | 3,955 | | Others | 1,589 | 6,684 | | **Total** | **32,385** | **33,322** | Net Other Gains/(Losses) (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Net foreign exchange gains/(losses) | 45,420 | (26,269) | | Net loss on disposal of property, plant and equipment | (88) | (26) | | Net gain on disposal of a subsidiary | 1 | – | | Fair value gains on financial assets held for trading | 8,886 | 609 | | **Total** | **54,219** | **(25,686)** | [5. Profit Before Tax](index=11&type=section&id=5.%20Profit%20Before%20Tax) Profit before tax significantly increased, accompanied by a decrease in finance costs and depreciation expenses Finance Costs (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Interest on bank borrowings | 947 | 2,036 | | Interest on lease liabilities | 386 | 327 | | Bank charges | 173 | 356 | | **Total** | **1,506** | **2,719** | Other Items (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Amortisation | 441 | 257 | | Depreciation – investment properties and property, plant and equipment | 21,322 | 28,177 | | Depreciation – right-of-use assets | 4,872 | 4,638 | | Expenses relating to short-term leases and leases of low-value assets | 1,273 | 1,012 | [6. Income Tax Expense](index=12&type=section&id=6.%20Income%20Tax%20Expense) Income tax expense significantly decreased year-on-year, primarily due to reductions in PRC income tax and deferred tax Income Tax Expense (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Current tax | | | | Hong Kong Profits Tax | – | 26 | | PRC Enterprise Income Tax | 1,131 | 3,674 | | Deferred tax | 240 | 2,376 | | **Total** | **1,371** | **6,076** | - Hong Kong Profits Tax provision is calculated at an estimated annual effective tax rate of **16.5%** (with **8.25%** for certain qualifying corporations), while other overseas subsidiaries are taxed at their respective estimated annual effective tax rates applicable in their countries or jurisdictions[29](index=29&type=chunk) [7. Earnings/(Loss) Per Share](index=12&type=section&id=7.%20Earnings%2F(Loss)%20Per%20Share) Basic earnings per share transitioned from a loss to a profit, with diluted earnings per share remaining identical due to the absence of dilutive potential ordinary shares Basic Earnings/(Loss) Per Share (For the Six Months Ended June 30) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Profit/(Loss) attributable to owners of the Company | RMB 26,308,000 | RMB (2,504,000) | | Weighted average number of ordinary shares in issue | 4,404,018,959 shares | 4,404,018,959 shares | | Basic earnings/(loss) per share | RMB 0.006 | RMB (0.001) | - For the periods ended June 30, 2025 and 2024, there were no dilutive potential ordinary shares, thus diluted earnings/(loss) per share is identical to basic earnings/(loss) per share[31](index=31&type=chunk) [8. Property, Plant and Equipment](index=12&type=section&id=8.%20Property%2C%20Plant%20and%20Equipment) The group recognized additions to right-of-use assets of RMB 4,665,000, while acquisitions of self-owned assets significantly decreased to RMB 3,208,000 - For the six months ended June 30, 2025, the group entered into several lease agreements for office use, recognizing additions to right-of-use assets of **RMB 4,665,000** (2024: RMB 3,578,000)[32](index=32&type=chunk) - For the six months ended June 30, 2025, the group primarily acquired machinery items and construction in progress at a cost of **RMB 3,208,000** (2024: RMB 35,083,000), representing a significant year-on-year decrease[33](index=33&type=chunk) [9. Interests in Associates](index=13&type=section&id=9.%20Interests%20in%20Associates) As of June 30, 2025, interests in associates amounted to RMB 155,343,000, a decrease from RMB 161,164,000 as of December 31, 2024 Interests in Associates (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Unlisted corporate entities | 155,343 | 161,164 | [10. Other Investments](index=13&type=section&id=10.%20Other%20Investments) Total other investments decreased, comprising equity investments measured at fair value through other comprehensive income (listed and unlisted funds) and listed securities measured at fair value through profit or loss Equity Investments Measured at Fair Value Through Other Comprehensive Income (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Listed securities | 163,204 | 177,779 | | Unlisted fund investments | 211,350 | 224,461 | | **Total** | **374,554** | **402,240** | Equity Investments Measured at Fair Value Through Profit or Loss (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Listed securities | 20,546 | 12,181 | [11. Inventories](index=14&type=section&id=11.%20Inventories) As of June 30, 2025, total inventories decreased to RMB 141,496,000 from RMB 175,432,000, mainly due to a reduction in finished goods and merchandise Composition of Inventories (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Raw materials | 18,990 | 17,493 | | Work in progress | 43,764 | 45,001 | | Finished goods and merchandise | 78,742 | 112,938 | | **Total** | **141,496** | **175,432** | [12. Trade and Other Receivables](index=14&type=section&id=12.%20Trade%20and%20Other%20Receivables) As of June 30, 2025, total trade and other receivables decreased to RMB 531,731,000 from RMB 616,205,000, primarily due to a significant reduction in trade receivables within 3 months Ageing Analysis of Trade and Other Receivables (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | **Current Assets** | | | | Trade receivables within 3 months | 107,863 | 243,018 | | Trade receivables over 3 months but less than 12 months | 268,214 | 213,785 | | Trade receivables over 12 months | 1,259 | 1,846 | | Other receivables less loss allowance | 73,897 | 71,969 | | PRC VAT recoverable | 21,576 | 28,860 | | Interest receivables | 9,186 | 5,861 | | Dividend receivables | 495 | – | | Prepayments and deposits | 49,241 | 50,866 | | **Total current assets** | **531,731** | **616,205** | | **Non-current Assets** | | | | Prepayments and deposits | 8,708 | 7,894 | | **Total** | **540,439** | **624,099** | - Trade receivables are due within **30 to 360 days** from the invoice date, and all current trade and other receivables are expected to be recovered within one year[40](index=40&type=chunk) [13. Bank Deposits](index=15&type=section&id=13.%20Bank%20Deposits) This note provides the table title but does not include specific data [14. Cash and Cash Equivalents](index=15&type=section&id=14.%20Cash%20and%20Cash%20Equivalents) As of June 30, 2025, the group's cash and cash equivalents comprise cash at bank and cash on hand - As of June 30, 2025, and December 31, 2024, all cash and cash equivalents presented in the consolidated statement of financial position represent cash at bank and cash on hand[43](index=43&type=chunk) [15. Trade and Other Payables and Contract Liabilities](index=15&type=section&id=15.%20Trade%20and%20Other%20Payables%20and%20Contract%20Liabilities) As of June 30, 2025, total trade and other payables and contract liabilities decreased to RMB 129,718,000 from RMB 168,777,000 as of December 31, 2024 Ageing Analysis of Trade and Other Payables and Contract Liabilities (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Trade payables within 1 month | 45,878 | 66,119 | | Trade payables over 1 month but less than 3 months | 10,500 | 20,738 | | Trade payables over 3 months but less than 12 months | 6,006 | 4,502 | | Trade payables over 12 months | 5,887 | 6,475 | | Trade payables | 68,271 | 97,834 | | Contract liabilities | 23,863 | 29,748 | | Other payables and accrued expenses | 37,584 | 41,195 | | **Total** | **129,718** | **168,777** | [16. Bank Borrowings](index=15&type=section&id=16.%20Bank%20Borrowings) As of June 30, 2025, total bank borrowings decreased to RMB 48,866,000 from RMB 58,003,000 as of December 31, 2024, with some loans secured by land and buildings Bank Borrowings (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Bank borrowings repayable within one year or on demand – secured | 36,054 | 45,953 | | Bank borrowings repayable after one year – secured | 12,812 | 12,050 | | **Total** | **48,866** | **58,003** | - As of June 30, 2025, bank facilities of certain subsidiaries were secured by land and buildings with an aggregate carrying amount of **RMB 177,443,000** (December 31, 2024: RMB 170,687,000)[45](index=45&type=chunk) [17. Capital, Reserves and Dividends](index=16&type=section&id=17.%20Capital%2C%20Reserves%20and%20Dividends) The Board did not recommend or declare an interim dividend for the six months ended June 30, 2025, and the share award scheme expired on March 25, 2025, with no shares granted - The Board did not recommend or declare an interim dividend for the six months ended June 30, 2025 (2024: nil)[46](index=46&type=chunk) - The share award scheme expired on the tenth anniversary of its adoption date, March 25, 2025, and no shares were granted under the scheme during the periods ended June 30, 2025 and 2024[48](index=48&type=chunk) [18. Commitments](index=16&type=section&id=18.%20Commitments) As of June 30, 2025, capital commitments contracted but not provided for in the interim financial report amounted to RMB 13,285,000 Capital Commitments (As at Period End) | Item | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | | :--- | :--- | :--- | | Contracted | 13,285 | 13,184 | [19. Material Related Party Transactions](index=16&type=section&id=19.%20Material%20Related%20Party%20Transactions) Revenue from shop design and decoration services to Shengshi Group decreased, while new income from other goods and services was added, and purchases from associates were nil Material Related Party Transactions (For the Six Months Ended June 30) | Item | 2025 (RMB in thousands) | 2024 (RMB in thousands) | | :--- | :--- | :--- | | Shop design and decoration services provided to Shengshi Group | 7,611 | 11,257 | | Other goods and services provided to Shengshi Group | 1,073 | – | | Purchase of goods and services from associates | – | 38,660 | | Rental and electricity income from associates | 28 | 28 | [Management Discussion and Analysis](index=17&type=section&id=Management%20Discussion%20and%20Analysis) [I. Financial Review](index=17&type=section&id=I.%20Financial%20Review) Despite significant revenue decline, the group achieved substantial profit growth due to improved gross margin and foreign exchange gains, maintaining a robust financial position with a zero net debt-to-equity ratio Revenue Distribution (For the Six Months Ended June 30) | Business Segment | 2025 (RMB in thousands) | 2025 (%) | 2024 (RMB in thousands) | 2024 (%) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | :--- | :--- | | High-end Consumer Support | 248,095 | 78.9 | 352,339 | 60.7 | -29.6 | | Commodity Trading | 66,219 | 21.1 | 228,022 | 39.3 | -71.0 | | **Total** | **314,314** | **100** | **580,361** | **100** | **-45.8** | - Gross profit was approximately **RMB 64,511,000** (a year-on-year decrease of **32.4%**), with a gross margin of approximately **20.5%** (a year-on-year increase of **4.1 percentage points**), primarily due to lower sales costs in high-end consumer support and changes in the commodity portfolio[54](index=54&type=chunk) - Profit for the period was **RMB 26,033,000** (a year-on-year increase of **5,117.0%**), and profit attributable to owners of the Company was **RMB 26,308,000** (a year-on-year increase of **1,150.6%**), mainly due to foreign exchange gains generated by operating units from exchange rate fluctuations[55](index=55&type=chunk) - As of June 30, 2025, the group's total equity reached **RMB 3,204,832,000**, net current assets were **RMB 1,848,144,000**, and cash and cash equivalents plus bank deposits totaled **RMB 1,296,383,000**[56](index=56&type=chunk)[61](index=61&type=chunk) - The net debt-to-equity ratio was **zero**, with total bank borrowings of **RMB 48,866,000**, approximately **72%** denominated in RMB and **28%** in New Taiwan Dollars[56](index=56&type=chunk)[57](index=57&type=chunk) - The group actively monitors and manages foreign exchange risks, implementing foreign currency hedging policies for significant foreign currency exposures[58](index=58&type=chunk) - As of June 30, 2025, the group had no significant contingent liabilities[60](index=60&type=chunk) - Current liabilities amounted to approximately **RMB 176,118,000**, comprising bank borrowings, trade and other payables[62](index=62&type=chunk) - The capital structure includes **4,404,018,959** issued shares and accumulated profits in reserves of **RMB 3,113,909,000**[63](index=63&type=chunk) - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures, nor any other significant investments held during the review period[64](index=64&type=chunk)[65](index=65&type=chunk) [II. Business Review](index=20&type=section&id=II.%20Business%20Review) The group's business focuses on high-end consumer product manufacturing, international commodity trading, and international shipping, with all segments facing declining sales and profits due to market pressures and price fluctuations - The group's business primarily focuses on manufacturing high-end consumer support products, building high-end consumer service platforms, and international commodity trading with related supply chain services[66](index=66&type=chunk) - The high-end consumer support business continues to face pressure, with both sales performance and profit declining year-on-year, but the group is responding through innovation, expanding business models, acquiring new clients, developing new products, and enhancing technological innovation[67](index=67&type=chunk) - In the second half of the year, the high-end consumer support business will further strengthen industry management, R&D, and innovation, expanding into other high-end lifestyle product areas such as jewelry, cosmetics, and mobile phones, and extending commercial space beautification services to living space beautification services[68](index=68&type=chunk) - International commodity trading business saw a decline in both sales and gross profit compared to the same period last year, but still maintained positive revenue, with plans to build a bulk cargo transit logistics park in Mexico[69](index=69&type=chunk) - International shipping business experienced declines in both revenue and profit due to fluctuations in the global dry bulk shipping market, with plans to intensify expansion into the Chinese shipping market and actively develop new clients, cargo types, and routes in the second half of the year[71](index=71&type=chunk) [III. Social Responsibility and Human Resources](index=21&type=section&id=III.%20Social%20Responsibility%20and%20Human%20Resources) The group upholds a "people-oriented" core value, employing 1,285 staff as of June 30, 2025, with decreased employee costs, emphasizing human resource development, competitive compensation, and environmental protection for sustainable development - The group consistently advocates a "people-oriented" core value, promoting a corporate spirit of "mutual respect, courage to take responsibility, close collaboration, and continuous innovation"[72](index=72&type=chunk) Employee Count and Costs (For the Six Months Ended June 30) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Employee Count | 1,285 employees | 1,409 employees | | Employee Costs | RMB 105,981,000 | RMB 110,651,000 | - The group values human resource development and value creation, employing a standardized recruitment system, investing resources in various training programs, and offering competitive compensation and incentive mechanisms[72](index=72&type=chunk) - The group prioritizes environmental protection for sustainable development, implements strict quality inspection processes for products to meet national quality standards, and strictly adheres to national regulations for pollutant reporting[74](index=74&type=chunk) [IV. Future Outlook](index=22&type=section&id=IV.%20Future%20Outlook) Despite a complex international economic environment, the group remains confident in China's long-term economic development, planning to cautiously advance international trade and shipping, and expand high-end consumer support services into more lifestyle product areas - The group remains confident in the long-term sustainable development of the PRC economy, despite facing challenges from international political and economic instability and insufficient domestic demand[75](index=75&type=chunk) - In the second half of the year, the group will continue to adhere to the principle of "steady and long-term, sustainable operation," cautiously and prudently advancing international trade business, and continuously expanding its closely related international shipping business, striving to become an important player in the international shipping supply chain[75](index=75&type=chunk) - The group will adjust the production of high-end watch support products in response to market demand, while pursuing limited diversification, expanding high-end consumer support production to include jewelry, eyewear, cosmetics, mobile phones, and other 3C products, and extending commercial space beautification services to living space beautification services[75](index=75&type=chunk) [Other Information](index=22&type=section&id=Other%20Information) [Dividend Distribution](index=22&type=section&id=Dividend%20Distribution) The Board did not recommend or declare an interim dividend for the six months ended June 30, 2025 - The Board did not recommend or declare an interim dividend for the six months ended June 30, 2025 (2024: nil)[76](index=76&type=chunk) [Share-linked Agreements](index=22&type=section&id=Share-linked%20Agreements) The share award scheme expired on March 25, 2025, with no awards granted, and the share option scheme also expired on May 14, 2025, with no options granted - The share award scheme expired on the tenth anniversary of its adoption date, March 25, 2025, and no award shares were granted by the company during the review period[83](index=83&type=chunk)[82](index=82&type=chunk) - The share option scheme expired on May 14, 2025, and the company did not grant any share options under the scheme during the review period[86](index=86&type=chunk)[85](index=85&type=chunk) [Purchase, Sale or Redemption of Securities](index=24&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20Securities) During the review period, neither the company nor its subsidiaries purchased, sold, or redeemed any of the company's listed securities - During the review period, neither the company nor its subsidiaries purchased, sold, or redeemed any of the company's listed securities (including the sale of treasury shares)[87](index=87&type=chunk) [Compliance with Corporate Governance Code](index=24&type=section&id=Compliance%20with%20Corporate%20Governance%20Code) The company complied with the Corporate Governance Code, except for the combined Chairman and CEO roles held by Mr. Zhang Yonglin, which the Board believes maintains sufficient balance of power - The company complied with the Corporate Governance Code during the review period, except for a deviation from provision C.2.1, where the roles of Chairman and Chief Executive Officer were not separated, both held by Mr. Zhang Yonglin[88](index=88&type=chunk) - The Board believes that despite the combined roles of Chairman and CEO, all significant decisions are made after consultation with and, where applicable, by the Board, which includes three independent non-executive directors, ensuring sufficient balance of power and safeguarding scientific decision-making[88](index=88&type=chunk) [Events After the Reporting Period](index=25&type=section&id=Events%20After%20the%20Reporting%20Period) - Except for matters disclosed in this announcement, no events with a material impact on the group have occurred from the end of the review period up to the date of this announcement[89](index=89&type=chunk) [Acknowledgements](index=25&type=section&id=Acknowledgements) - The Directors take this opportunity to express their gratitude to all shareholders for their continuous strong support, and to all employees of the group for their efforts and contributions during the review period[90](index=90&type=chunk) - As of the date of this announcement, the executive directors of the company are Mr. Zhang Yonglin (Chairman) and Mr. Li Shuzhong; the non-executive director is Mr. Shi Zhongyang; and the independent non-executive directors are Mr. Cai Jianmin, Mr. Liu Xueling, and Ms. Qian Weiqing[90](index=90&type=chunk)

Core Viewpoint - The company *ST Yazhen (603389.SH) has completed its suspension review and will resume trading on August 21, 2025 [1] Group 1: Company Announcement - The announcement indicates that there will be a need for integration between Guangxi Zirconium Industry and the company in various aspects such as business types, operational models, management systems, corporate culture, and financial management [1] - There is uncertainty regarding the future efficiency of integration and operations, as well as the achievement of expected goals [1]

亨得利控股有限公司 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。 HENGDELI HOLDINGS LIMITED （於開曼群島註冊成立的有限公司） 股東特別大會通告投票表決結果 董事會謹此宣佈，股東特別大會通告所載的建議決議案於二零二五年八月十八日舉行的股東特 別大會上已獲股東以投票表決方式正式通過。 投票結果如下： | | 普通決議案 | 投票票數（百分比） | | | --- | --- | --- | --- | | | | 贊成 反對 | | | 1 | 罷免黃永華先生之董事職務。 | 2,264,965,423 | 11,986,969 | | | | 99.474% | 0.526% | 於股東特別大會日期，已發行股份總數為4,404,018,959股，為賦予股份持有人權利出席股東特 別大會並於會上就決議表決案投贊成票或反對票之股份總數。經作出一切合理查詢後，就董事 所深知及全悉，概無股份賦予股東有權出席股東特別大會，但根據上市規則第 ...

Group 1 - The company announced the removal of Mr. Huang Yonghua from the board of directors, effective after the special shareholders' meeting on August 18, 2025 [1] - Mr. Li Shuzhong has been appointed as the company's authorized representative under Listing Rule 3.05, effective from August 18, 2025 [1]

该信息由智通财经网提供 就代替黄永华先生，公司执行董事李树忠先生获委任为公司上市规则第3.05条项下的授权代表，由2025 年8月18日生效。 智通财经APP讯，亨得利(03389)发布公告，由于上列决议案于股东特别大会上获股东正式通过，自2025 年8月18日举行的股东特别大会结束起，黄永华先生被罢免董事一职，因此亦不再合资格担任上市规则 第3.05条项下公司的授权代表一职。 ...

HENGDELI HOLDINGS LIMITED 亨得利控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3389） 董事名單及其職責與職能 亨得利控股有限公司董事會（「董事會」）成員及其角色及職能載列如下： 薪酬委員會 劉學靈先生 （委員會主席） 蔡建民先生 張泳麟先生 提名委員會 張泳麟先生 （主席） 李樹忠先生 非執行董事 史仲陽先生 獨立非執行董事 蔡建民先生 劉學靈先生 錢煒青女士 董事會設有三個委員會。董事會成員在這些委員會中所擔任的職位載列如下： 審核委員會 蔡建民先生 （委員會主席） 劉學靈先生 錢煒青女士 執行董事 張泳麟先生 （委員會主席） 蔡建民先生 劉學靈先生 香港，二零二五年八月十八日 ...