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10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: 上海小南国控股有限公司 呈交日期: 2025年11月6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) | 03666 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | ...

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 全部或任何部分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。 Shanghai XNG Holdings Limited 上海小南国控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：3666） 季度更新公告 茲提述上海小南国控股有限公司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）日 期為二零二五年三月三十一日的截至二零二四年十二月三十一日止年度的年 報（「年 報」）以及本公司日期為二零二五年七月三十一日的季度更新公告（「七 月 季度公告」）。本 公 告 旨 在 提 供 本 公 司 解 決 持 續 經 營 問 題 的 季 度 最 新 進 展。 誠 如 年 報 所 披 露，鑒 於 持 續 經 營 存 在 重 大 不 確 定 性，本 公 司 核 數 師 不 就 本 公 司 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 的 綜 合 財 務 ...

本月底法定/註冊股本總額： HKD 100,000,000 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 上海小南国控股有限公司 呈交日期: 2025年10月6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) | 03666 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | ...

Shanghai XNG Holdings Limited 上海小南国控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：3666） 顧莉娜女士 獨立非執行董事 梁耀祖先生 張振宇先生 胡曉琦女士 董事會設立4個 董 事 委 員 會。下 表 提 供 各 董 事 會 成 員 在 這 些 委 員 會 中 所 擔 任 的 職 位： | 委員會 | | | | | | --- | --- | --- | --- | --- | | | 審 核 | 薪 酬 | 提 名 | 風險管理 | | 董 事 | 委員會 | 委員會 | 委員會 | 委員會 | | 顧桐山先生 | | M | C | C | | 邱繼英女士 | | | | | | 崔晉僑先生 | | | | | | 顧莉娜女士 | | | | | | 梁耀祖先生 | C | M | M | M | | 張振宇先生 | M | C | M | M | | 胡曉琦女士 | M | M | M | M | 董事名單與其角色和職能 上海小南国控股有限公司董事會（「董事會」）成 員 載 列 如 下： 執行董事 顧桐山先生 邱繼英女士 ...

Shanghai XNG Holdings Limited 上海小南国控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 3666) NOTIFICATION LETTER 通知信函 Dear non-registered shareholder(s)(Note 1), Shanghai XNG Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report (the "Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong ...

Shanghai XNG Holdings Limited 上海小南国控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 3666) NOTIFICATION LETTER 通知信函 Dear registered shareholder(s), Shanghai XNG Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report (the "Current Corporate Communications") 上海小南国控股有限公司（「公 司」） The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange ...

Financial Performance - For the six months ended June 30, 2025, the company's revenue was RMB 101.8 million, a decrease of RMB 80.6 million or 44.2% compared to RMB 182.4 million for the same period in 2024[8]. - Gross profit for the same period was RMB 65.7 million, down RMB 53.3 million or 44.7% from RMB 119.0 million year-on-year[11]. - The net loss attributable to the company's owners was approximately RMB 18.3 million, a reduction of RMB 11.1 million compared to the net loss of RMB 29.4 million in the previous year[11]. - The group reported a net loss of RMB 18.3 million for the six months ended June 30, 2025, down from a loss of RMB 29.4 million in the previous year, with a net loss margin increasing from 16.1% to 17.9%[27]. - The company reported a loss before tax of RMB 18.2 million, an improvement from a loss of RMB 28.4 million in the prior year[41]. - The company reported a loss of RMB 18,253,000 for the six months ended June 30, 2025, compared to a loss of RMB 29,438,000 in the same period of 2024, indicating an improvement in performance[49]. - The company experienced a decrease in pre-tax loss from RMB 28,388,000 in 2024 to RMB 18,209,000 in 2025, reflecting a reduction in operational losses[46]. - The company reported a loss of RMB 18,248,000 for the six months ended June 30, 2025, compared to a loss of RMB 29,438,000 for the same period in 2024, indicating a 38.5% improvement in losses year-over-year[69]. Revenue and Sales - Comparable restaurant sales decreased by RMB 23.8 million for the six months ended June 30, 2025, compared to the same period in 2024[20]. - The group reported revenue from restaurant operations of RMB 101,784 thousand for the six months ended June 30, 2025, a decrease of 43.3% compared to RMB 179,637 thousand for the same period in 2024[56]. - Total revenue for the group was RMB 101,801 thousand for the six months ended June 30, 2025, down from RMB 182,379 thousand in the previous year, reflecting a decline of 44.2%[56]. Cost and Expenses - The cost of sales decreased by RMB 27.3 million to RMB 36.1 million, a reduction of 43.1% compared to RMB 63.4 million in the same period last year[16]. - Sales and distribution expenses decreased from RMB 125.8 million for the six months ended June 30, 2024, to RMB 74.9 million for the six months ended June 30, 2025, a reduction of 40.5%[21]. - Labor costs decreased from RMB 65.1 million to RMB 39.5 million, with the percentage of labor costs to revenue increasing from 35.7% to 38.8%[21]. - Depreciation expenses decreased from RMB 32.2 million to RMB 17.4 million, a reduction of 46.0%, with depreciation as a percentage of revenue decreasing from 17.7% to 17.1%[22]. - Administrative expenses decreased from RMB 17.0 million to RMB 9.4 million, a reduction of 44.7%[23]. - The percentage of sales cost to revenue slightly increased from 34.8% to 35.4% year-on-year[17]. Cash Flow and Liquidity - The net cash inflow from operating activities decreased from RMB 22.6 million to RMB 17.3 million[30]. - The net cash inflow from investment activities was RMB 7.3 million, compared to an outflow of RMB 7.9 million in the previous year[31]. - Financing activities resulted in a net cash outflow of RMB 27.4 million, an increase from RMB 26.1 million in the previous year[32]. - The company’s cash and cash equivalents decreased to RMB 1.06 million from RMB 3.69 million at the end of 2024[42]. - The group is actively negotiating with several banks for new borrowing sources and refinancing existing loans to ensure sufficient liquidity for at least the next twelve months[50][51]. Assets and Liabilities - Non-current assets decreased to RMB 83.96 million from RMB 98.65 million as of December 31, 2024[42]. - Current liabilities totaled RMB 246.8 million, slightly down from RMB 248.4 million at the end of 2024[43]. - Total liabilities exceeded total assets by approximately RMB 169,604,000 as of June 30, 2025, indicating a challenging financial position[49]. - Trade receivables decreased to RMB 2,329,000 as of June 30, 2025, from RMB 3,453,000 as of December 31, 2024, reflecting a 32.6% reduction[73]. - Trade payables increased to RMB 76,333,000 as of June 30, 2025, compared to RMB 65,100,000 as of December 31, 2024, representing a 17.0% increase[76]. Strategic Initiatives - The company plans to focus on expanding its restaurant operations in affluent and rapidly growing cities in mainland China[11]. - The company plans to modernize existing stores and develop new dishes to enhance customer experience and attract more clientele[40]. - The company aims to transform into a lifestyle brand centered around classic local cuisine, indicating a strategic shift in its business model[40]. - The company aims to be a leader in the restaurant chain industry in mainland China and Hong Kong, focusing on ethical and responsible business practices[110]. Corporate Governance - The company has committed to maintaining high standards of corporate governance to protect shareholder interests and enhance corporate value[110]. - The company has adhered to the applicable provisions of the Corporate Governance Code as of June 30, 2025[111]. - The company has adopted the standard code of conduct for securities trading by directors as per the listing rules, confirming compliance until June 30, 2025[112]. - The audit committee, established on August 30, 2011, is responsible for reviewing and supervising the group's internal controls and financial reporting procedures[116]. - The audit committee has reviewed the unaudited interim condensed consolidated financial statements for the six months ending June 30, 2025, ensuring compliance with applicable accounting policies and listing rules[117]. Shareholder Information - Major shareholders include Alpadis Group Holding AG, holding 655,087,500 shares, representing 24.67% of total shares[105]. - The total number of shares issued as of June 30, 2025, is 2,655,637,000[105]. - The average number of ordinary shares for calculating basic and diluted loss per share increased to 2,271,719,000 shares from 2,183,355,000 shares year-over-year[69]. - The company’s directors and senior management hold 221,257,550 shares, representing approximately 8.33% of the total issued shares as of June 30, 2025[102]. Other Information - The company did not declare or recommend any dividends during the interim period[68]. - The company reported no significant events after June 30, 2025[97]. - The company has no significant credit concentration risk due to a diversified customer base for trade receivables[73].

Group 1 - The core point of the article highlights that Shanghai Xiaonan Guo's shareholders deposited stocks into Yuan Ku Securities, with a market value of HKD 6.1442 million, accounting for 5.78% of the total [1] - For the first half of 2025, Shanghai Xiaonan Guo reported revenue of RMB 102 million, representing a year-on-year decline of 44.2% [1] - The company recorded a loss attributable to shareholders of RMB 18.248 million, which is a year-on-year reduction of 38% [1] - The basic loss per share was reported at 0.80 cents [1]

Group 1 - The core point of the article highlights that Shanghai Xiao Nan Guo (03666) has seen a significant decline in revenue and is facing losses, with a 44.2% year-on-year decrease in revenue for the first half of 2025 [1] - As of September 11, shareholders deposited stocks into Yuan Ku Securities, with a market value of 6.1442 million HKD, representing 5.78% of the total [1] - The company reported a loss attributable to shareholders of 18.248 million RMB, which is a 38% year-on-year reduction, with a basic loss per share of 0.80 cents [1]

Group 1 - The company Shanghai Xiao Nan Guo (03666) announced the appointment of Ms. Qiu Jiying and Mr. Cui Jinqiao as executive directors, effective from October 1, 2025 [1]