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。 EEKA Fashion Holdings Limited 贏家時尚控股有限公司 （股份代號：3709） 補充公告 茲提述贏家時尚控股有限公司（「本公司」）與德林控股發佈之日期為二零二五年 九月十二日之聯合公告（「聯合公告」），內容有關（其中包括）建議向德林控股發 行本公司之新股份（「股份」）。除另有指明外，本公告所用詞彙與聯合公告所界定 者具有相同涵義。 本公司董事（「董事」）會（「董事會」）謹此就建議向德林控股發行新股份提供如下 補充資料： 進行認購事項並引入德林控股作為戰略投資者的決定，既基於當前的財務審慎原 則，亦著眼於前瞻性戰略合作佈局。此項舉措源於雙方既有的成功合作關係，德林 證券此前曾擔任本公司配售事項的配售代理，充分展現其卓越的能力。董事會認為， 德林控股未來可在各類潛在資本市場活動及戰略舉措方面以多種方式為本公司提 供協助。 （於開曼群島註冊成立之有限公司） 主席、行政總裁兼執行董事 ...

公司名稱: 贏家時尚控股有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 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 | 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) | 03709 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | 本月底法定/註冊股 ...

NOTIFICATION LETTER 通知信函 Dear Non-Registered Holder (Note 1) , 26 September 2025 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code：3709） （股份代號：3709） EEKA FASHION HOLDINGS LIMITED (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.eekagroup.com and the website of The Stock Exchange of Hong Ko ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code：3709） （股份代號：3709） NOTIFICATION LETTER 通知信函 Dear Registered Shareholder(s), EEKA FASHION HOLDINGS LIMITED (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communication") Actionable Corporate Communications refer to any corporate communications that seek instructions from the Shareholders on how they wish to exercise their rights or make elections as Shareholders. 各位登記股東： 贏家時尚控股有限公司 ...

EEKA Fashion Holdings Limited 贏家時尚控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3709） EEKA Fashion Holdings Limited 贏家時尚控股有限公司 使命 融匯時尚美學， 臻享品質生活。 2025 中期報告 願景 成為享譽全球的中國 輕奢品牌管理集團。 價值觀 卓越、開放、創新、責任。 | 目錄 | | --- | | 公司簡介 | 2 | | --- | --- | | 公司資料 | 3 | | 財務摘要 | 4 | | 二零二五年里程碑 | 6 | | 主席報告 | 8 | | 我們的商業模式 | 11 | | 管理層討論及分析 | 12 | | 投資者資料 | 36 | | 其他資料 | 37 | | 綜合損益表 | 41 | | 綜合全面收益表 | 42 | | 綜合財務狀況表 | 43 | | 綜合權益變動表 | 45 | | 簡明綜合現金流量表 | 47 | | 未經審核中期財務報告附註 | 48 | 公司簡介 關於贏家時尚 我們是一家領先且快速增長的中華人民共和國（「中國」）輕奢時尚集團，我們擁有獨特的品牌文化理念、先進的研 ...

Group 1 - Ant Group's CEO, Han Xinyi, stated that the company will not issue virtual currencies or engage in any form of speculation, emphasizing that compliance is the lifeline of innovation [2] - The Shanghai High People's Court successfully disposed of over 90,000 FIL coins, marking a significant step in the legal handling of virtual currencies in criminal cases [4] - Zhao Changpeng and Binance have donated over $40 million to charity, benefiting approximately 3.8 million people since 2018, showcasing the use of blockchain for transparency in philanthropy [5] Group 2 - Hong Kong's Chief Executive, John Lee, announced the implementation of a stablecoin issuer system, with the Hong Kong Monetary Authority promoting tokenized deposits and asset transactions [7] - Yunfeng Financial announced the issuance of its first Real-World Asset (RWA) project, marking a breakthrough in the integration of traditional finance and blockchain technology [9] - Winner Fashion and Derlin Holdings have reached a strategic cooperation agreement regarding RWA tokenization plans, indicating a growing trend in the fashion industry towards blockchain integration [6]

Market Overview - The Hong Kong stock market opened lower but rebounded, with the Hang Seng Index closing up 0.22% at 26,446.56 points and a total turnover of HKD 290.2 billion [1] - The Hang Seng China Enterprises Index rose 0.21% to 9,384.76 points, while the Hang Seng Tech Index increased by 0.91% to 6,043.61 points [1] Blue Chip Performance - WuXi Biologics (02269) led blue-chip stocks, rising 6.47% to HKD 38.84, contributing 13.66 points to the Hang Seng Index [2] - Other notable blue-chip performers included Li Auto-W (02015) up 4.56% and Nongfu Spring (09633) up 4.11% [2] Sector Highlights - The large technology stocks mostly rose, with Alibaba up over 2% and Kuaishou up 1% [3] - The lithium battery sector saw significant gains, with CATL (03750) surging 7% to a new high [3] - The pharmaceutical sector also performed well, with Jiangsu Hengrui Medicine (02617) skyrocketing 115% [3] Policy and Industry Developments - The National Development and Reform Commission and the National Energy Administration announced a plan to achieve a new energy storage capacity of over 180 million kilowatts by 2027, with an investment of approximately RMB 250 billion [4] - The Ministry of Industry and Information Technology released a plan for the automotive industry aiming for 32.3 million vehicle sales in 2025, with a focus on new energy vehicles [6] Stock Movements - Jiangsu Hengrui Medicine (02617) experienced a dramatic increase of 115.58%, reaching HKD 415 [8] - Lion Group (02562) surged 25.34% to HKD 19.24 after announcing a binding investment agreement in AI and blockchain [9] - Shanghai Fudan (01385) faced pressure, dropping 3.77% to HKD 37.82, following its inclusion in the U.S. entity list [11]

Core Viewpoint - Winner Fashion (3709.HK) experienced a significant intraday increase of 37.25%, reaching a price of HKD 10.98, marking a 16-month high since May 22 of the previous year. This surge is attributed to a strategic cooperation and investment agreement with Derlin Holdings, set to be completed by September 12, 2025 [1]. Group 1 - Winner Fashion and Derlin Holdings announced a strategic cooperation and investment agreement [1]. - Derlin Holdings conditionally agreed to subscribe for shares at the subscription price upon completion of the agreement [1]. - The two companies have reached a consensus on the overall framework and direction for the RWA tokenization plan as part of their strategic cooperation [1].

Company Overview - Winner Fashion has established a strong presence in the mid-to-high-end women's apparel sector, with a brand matrix comprising seven brands, where core brands Koradior and NAERSI account for over 50% of revenue [1] - The company achieved a compound annual growth rate (CAGR) of 22% in revenue and 25% in net profit attributable to shareholders from 2018 to 2023, indicating robust growth momentum [1] - In 2024, the company expects a revenue decline of 4.7% year-on-year to 6.589 billion yuan due to weakened terminal consumption, although it has managed to increase its gross margin by 0.8 percentage points to 76.4% [1] Financial Performance - The average dividend payout ratio from 2020 to 2024 is over 57%, with a stable dividend yield of 3.5% to 5%, and plans to gradually increase the annual dividend payout ratio to 60%-70% over the next 2-3 years [1] - Forecasted net profits for 2025, 2026, and 2027 are 613 million yuan, 702 million yuan, and 796 million yuan, representing year-on-year growth rates of 31%, 14%, and 13% respectively [3] Industry Insights - The Chinese women's apparel market is projected to reach a scale of 1.06 trillion yuan in 2024, with a year-on-year growth of 1.48%, although the market remains fragmented with a CR10 of only 7.9% [1] - The trend of rational consumption is leading female consumers to place greater emphasis on the aesthetics, material quality, and brand strength of clothing products, which presents opportunities for differentiated mid-to-high-end brands [1] Competitive Advantages - Winner Fashion has competitive advantages in product, channel, and supply chain management, with a total of 5,894 SKUs planned for 2024, reflecting a year-on-year increase of approximately 7.4% [2] - The company is focused on optimizing its offline store network by reducing inefficient stores and increasing the proportion of shopping center locations, while also expanding its online presence with a CAGR of 33.5% in online revenue from 2016 to 2024 [2] - A robust supply chain system has been established, with the top five suppliers accounting for 30.41% of procurement, ensuring product quality and supply stability [2] Future Strategy - The company aims to build a light luxury brand management group, enhancing brand image through product development, endorsements, IP collaborations, and fashion shows [2] - Plans include opening flagship stores in prime locations and strengthening online partnerships, particularly with platforms like Xiaohongshu, to enhance brand influence [2][3]

Company Overview - The company, Winner Fashion, has been deeply engaged in the mid-to-high-end women's clothing industry for many years, building a brand matrix of seven brands through internal cultivation and external acquisitions, with core brands Koradior and NAERSI accounting for over 50% of revenue [1] - From 2018 to 2023, the company's revenue and net profit attributable to shareholders achieved a compound annual growth rate (CAGR) of 22% and 25%, respectively, demonstrating strong growth momentum [1] - The company has a commitment to shareholder returns, with an average dividend payout ratio exceeding 57% from 2020 to 2024 and a stable dividend yield of 3.5% to 5% [1] Financial Performance - In 2024, the company is expected to experience a revenue decline of 4.7% year-on-year to 6.589 billion yuan due to weakened terminal consumption [1] - Despite the revenue decline, the company managed to improve its gross margin by 0.8 percentage points to 76.4% through operational efficiency optimization [1] - The company is projected to achieve net profits of 613 million yuan, 702 million yuan, and 796 million yuan from 2025 to 2027, representing year-on-year growth rates of 31%, 14%, and 13%, respectively [3] Industry Insights - The Chinese women's clothing market is expected to reach a scale of 1.06 trillion yuan in 2024, with a year-on-year growth of 1.48%, but the industry remains fragmented with a CR10 of only 7.9% [1] - As rational consumption trends develop, female consumers are increasingly focusing on the aesthetics, material quality, and brand strength of clothing products, which present opportunities for differentiated mid-to-high-end brands [1] Competitive Advantages - The company has competitive advantages in product, channel, and supply chain aspects, implementing a "superior product system" strategy with a total of 5,894 SKUs in 2024, focusing on main sales items and launching over 300 creative design series annually [2] - The company is optimizing its offline store network by reducing inefficient stores and increasing the proportion of shopping center stores, while online revenue has grown at a CAGR of 33.5% from 2016 to 2024 [2] - The company is actively building a light luxury brand management group, enhancing brand image through various channels such as endorsements, IP collaborations, and fashion shows [2] Future Outlook - The company plans to continue optimizing its product structure and enhance material technology to improve product quality and design precision, thereby solidifying its competitive advantage in the high-end fashion sector [3] - The company expects terminal retail to stabilize in 2025, with a focus on controlling discounts and expenses to ensure profitability recovery [3] - The average target price based on PE and PB valuation methods is set at 10.3 HKD, with a recommendation for "overweight" [3]