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: 天源集團控股有限公司 呈交日期: 2025年11月3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) | 06119 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | 本月底法定/註冊 ...

Core Points - Tianyuan Group (06119) announced the appointment of Mr. Peng Junming as the co-company secretary, effective from November 1, 2025 [1] - The current company secretary, Mr. Hong Conghua, will continue to serve as one of the co-company secretaries [1]

Group 1 - The company Tianyuan Group (06119) announced the appointment of Mr. Peng Junming as the co-secretary of the company, effective from November 1, 2025 [1] - The current company secretary, Mr. Hong Conghua, will continue to serve as one of the co-secretaries [1]

Group 1 - The core point of the article is the appointment of Peng Junming as the co-secretary of Tianyuan Group, effective from November 1, 2025 [1]

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 不 會 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的任何損失承擔任何責任。 TIAN YUAN GROUP HOLDINGS LIMITED 天源集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6119） 委任聯席公司秘書 天 源 集 團 控 股 有 限 公 司（「本公司」）董 事 會（「董事會」）欣 然 宣 佈，彭 浚 銘 先 生「彭 先 生」）已 獲 委 任 為 本 公 司 聯 席 公 司 秘 書，自 二 零 二 五 年 十 一 月 一 日 起 生 效。本 公 司現任公司秘書洪從華先生將繼續擔任本公司聯席公司秘書之一。 承董事會命 彭 先 生 在 合 規、會 計 及 財 務 方 面 擁 有 超 過25年 經 驗。他 是 美 國 加 州 會 計 師 公 會 認證的註冊會計師(CPA)，以及特許金融分析師(CFA)持證人。 自2011年4月以來，彭先生曾擔任多間私人及上市公司的首席財務官及公司秘書， 包括於 ...

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: 天源集團控股有限公司 II. 已發行股份及/或庫存股份變動 呈交日期: 2025年10月3日 | 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) | 06119 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 600,000,000 | | | | 600,000,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 600,000,000 | | 0 | | 600,000,000 | I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適 ...

Financial Performance - The total cargo throughput for the six months ended June 30, 2025, was approximately 1,302,000 tons, a decrease of about 429,000 tons or 24.8% compared to the same period last year[7]. - Revenue for the six months ended June 30, 2025, was approximately RMB 181.5 million, a decrease of about 15.7% from RMB 215.4 million in the same period last year[11]. - Revenue from cargo handling services decreased by approximately 25.8% to about RMB 26.1 million, primarily due to a decline in overall demand[12]. - Oil product sales revenue was approximately RMB 154.6 million, down about 13.8% from RMB 179.4 million in the same period last year[9]. - The overall gross profit decreased from approximately RMB 25.0 million for the six months ended June 30, 2024, to about RMB 15.4 million for the same period in 2025[16]. - The overall gross profit margin decreased from approximately 11.6% to about 8.5% during the same periods[16]. - Profit attributable to owners of the company was approximately RMB 4.9 million for the six months ended June 30, 2025, down from approximately RMB 12.4 million for the six months ended June 30, 2024[21]. - Operating profit decreased to RMB 9,319,000, a decline of 56.5% compared to RMB 21,414,000 in the previous year[50]. - Net profit for the period was RMB 6,180,000, representing a 60.2% decrease from RMB 15,534,000 in the prior year[50]. - Basic and diluted earnings per share were RMB 0.008, down from RMB 0.021 in the same period last year[50]. Expenses and Costs - Sales and administrative expenses increased from approximately RMB 6.2 million for the six months ended June 30, 2024, to approximately RMB 6.5 million for the six months ended June 30, 2025, primarily due to increased depreciation of right-of-use assets[18]. - Total employee costs for the six months ended June 30, 2025, were approximately RMB 10.4 million, down from approximately RMB 11.0 million for the six months ended June 30, 2024, primarily due to a reduction in the number of employees and bonuses[31]. - The cost of goods sold for the six months ended June 30, 2025, was RMB 147,696, a decrease of 14% compared to RMB 171,712 for the same period in 2024[8]. - Total sales, general and administrative expenses amounted to RMB 172,646, down 12% from RMB 196,593 in the previous year[8]. - The company incurred income tax expenses of RMB 3,146 for the six months ended June 30, 2025, down from RMB 5,855 in the same period of 2024, reflecting a decrease of 46%[82]. Assets and Liabilities - Current assets net value was approximately RMB 175.2 million as of June 30, 2025, compared to approximately RMB 177.9 million as of December 31, 2024[23]. - The debt-to-asset ratio was approximately 0.3% as of June 30, 2025, down from approximately 0.4% as of December 31, 2024[24]. - Total assets decreased from RMB 403,907 thousand in December 2024 to RMB 374,307 thousand in June 2025, a decline of approximately 7.4%[52]. - Current assets decreased from RMB 211,767 thousand in December 2024 to RMB 200,690 thousand in June 2025, a decline of about 5.2%[52]. - Cash and cash equivalents significantly dropped from RMB 34,265 thousand in December 2024 to RMB 7,616 thousand in June 2025, a decrease of approximately 77.8%[52]. - Total liabilities decreased from RMB 36,212 thousand in December 2024 to RMB 25,861 thousand in June 2025, a reduction of about 28.6%[53]. - The company's equity attributable to owners decreased from RMB 314,518 thousand in December 2024 to RMB 294,032 thousand in June 2025, a decline of approximately 6.5%[52]. Shareholder Information - As of June 30, 2025, Mr. Yang Jinming holds 213,000,000 shares, representing approximately 35.5% of the company's equity[40]. - Mr. Yang Jinming is also the founder and beneficiary of a family trust that holds 210,000,000 shares, accounting for about 35.0% of the company's equity[40]. - Mr. Yang Fan holds 27,000,000 shares, which is approximately 4.5% of the company's equity[40]. - Major shareholders include Hanfu Enterprises Limited with a 35.5% stake and Zhang Dan with a 70.5% stake, indicating concentrated ownership[42]. Corporate Governance - The company has adhered to the corporate governance standards as per the listing rules, with no purchases, sales, or redemptions of its listed securities in the six months ending June 30, 2025[38]. - The board consists of three independent non-executive directors, ensuring a balance of power and independent advice on board matters[39]. - The company plans to hire external consultants for an internal review of the audit committee's scope in the second half of the year[39]. - The board believes that the current organizational structure and close supervision by management provide sufficient risk management and internal control[39]. - The company has not established an independent internal audit department but has implemented appropriate measures for internal audit functions[39]. Business Strategy and Outlook - The group plans to optimize cargo structure, strengthen cost control, and solidify customer relationships while focusing on market expansion for oil product sales[36]. - The group will continue to actively seek new business and investment opportunities to enhance diversification[37]. Risk Management - The group faces various financial risks, including market risk, credit risk, and liquidity risk, which are detailed in the annual financial statements[64]. - The group maintains sufficient cash and cash equivalents to manage liquidity risk and reduce cash flow volatility[66]. - Financial liabilities, excluding lease liabilities, are due within one year from the reporting date[66]. - The group has not made any changes to its risk management policies since the fiscal year ending December 31, 2024[65]. Related Party Transactions - The company has ongoing significant transactions with related parties, including leasing office space and providing handling services[99]. - Revenue from providing handling services to related parties was RMB 1,670,000 for the six months ended June 30, 2025, a decrease of 65.9% compared to RMB 4,889,000 for the same period in 2024[101].

Financial Performance - For the six months ended June 30, 2025, the total cargo throughput was approximately 1,302,000 tons, a decrease of about 429,000 tons or 24.8% compared to the same period last year[7]. - Revenue for the six months ended June 30, 2025, was approximately RMB 181.5 million, a decrease of about 15.7% from RMB 215.4 million in the same period last year[11]. - Revenue from cargo handling services decreased by approximately 25.8% to about RMB 26.1 million, primarily due to a decline in overall demand[12]. - Oil product sales revenue was approximately RMB 154.6 million, down about 13.8% from RMB 179.4 million in the same period last year[9]. - The overall gross profit decreased from approximately RMB 25.0 million to about RMB 15.4 million, with the gross profit margin dropping from approximately 11.6% to 8.5%[16]. - The gross profit margin for the cargo handling and related services segment decreased from approximately 48.0% to about 33.6% due to reduced revenue[16]. - Profit attributable to owners of the company was approximately RMB 4.9 million for the six months ended June 30, 2025, down from approximately RMB 12.4 million for the six months ended June 30, 2024[21]. - Operating profit decreased to RMB 9,319,000, a decline of 56.5% from RMB 21,414,000 in the previous year[50]. - Net profit for the period was RMB 6,180,000, representing a 60.2% decrease from RMB 15,534,000 in 2024[50]. - Basic and diluted earnings per share were RMB 0.008, down from RMB 0.021 in the same period last year[50]. Expenses and Costs - Sales and administrative expenses increased from approximately RMB 6.2 million for the six months ended June 30, 2024, to approximately RMB 6.5 million for the six months ended June 30, 2025, primarily due to increased depreciation of right-of-use assets[18]. - Total employee costs for the six months ended June 30, 2025, were approximately RMB 10.4 million, down from approximately RMB 11.0 million for the same period last year, primarily due to a reduction in the number of employees and bonuses[31]. - The cost of goods sold for the six months ended June 30, 2025, was RMB 147,696, a decrease of 14% compared to RMB 171,712 for the same period in 2024[8]. - Total sales, general and administrative expenses amounted to RMB 172,646, down 12% from RMB 196,593 in the previous year[8]. - Fuel expenses incurred from purchasing fuel from Maoming Tianyuan amounted to RMB 870,000 for the six months ended June 30, 2025, an increase of 39.9% from RMB 622,000 in 2024[104]. Assets and Liabilities - Current assets net value was approximately RMB 175.2 million as of June 30, 2025, compared to approximately RMB 177.9 million as of December 31, 2024[23]. - The company had total assets of RMB 1,000,000,000 as of June 30, 2025[51]. - Total assets decreased from RMB 403,907 thousand in December 2024 to RMB 374,307 thousand in June 2025, a decline of approximately 7.4%[52]. - Current assets decreased from RMB 211,767 thousand in December 2024 to RMB 200,690 thousand in June 2025, a decline of about 5.2%[52]. - Cash and cash equivalents significantly decreased from RMB 34,265 thousand in December 2024 to RMB 7,616 thousand in June 2025, a drop of approximately 77.8%[52]. - Total liabilities decreased from RMB 36,212 thousand in December 2024 to RMB 25,861 thousand in June 2025, a reduction of about 28.6%[53]. - Trade receivables from third parties decreased to RMB 5,739,000 as of June 30, 2025, down from RMB 14,327,000 as of December 31, 2024, indicating a reduction of about 59.9%[92]. - The total amount of trade and other receivables decreased to RMB 29,082,000 as of June 30, 2025, from RMB 36,280,000 as of December 31, 2024, indicating a decline of approximately 19.7%[92]. - Trade payables as of June 30, 2025, totaled RMB 8,278,000, a decrease of 15.4% from RMB 9,784,000 as of December 31, 2024[96]. Taxation and Income - Income tax expenses decreased by approximately 46.3% from about RMB 5.9 million for the six months ended June 30, 2024, to approximately RMB 3.1 million for the six months ended June 30, 2025, mainly due to lower taxable profits recorded during the reporting period compared to the same period last year[20]. - Income tax expense for the six months ended June 30, 2025, was RMB 3,146, a decrease of 46% from RMB 5,855 in the same period of 2024[82]. Shareholder Information - As of June 30, 2025, Mr. Yang Jinming holds 213,000,000 shares, representing approximately 35.5% of the company's equity[40]. - Mr. Yang Jinming is also the founder and beneficiary of a family trust holding 210,000,000 shares, which accounts for approximately 35.0% of the company's equity[40]. - Mr. Yang Fan holds 27,000,000 shares, representing approximately 4.5% of the company's equity[40]. - The company’s major shareholders include Hanfu Enterprises Limited with a 35.5% stake and Zhang Dan with a 70.5% stake[42]. Corporate Governance - The company has adhered to the corporate governance standards as per the listing rules, with no purchases, sales, or redemptions of its listed securities in the six months ending June 30, 2025[38]. - The board consists of three independent non-executive directors, ensuring a balance of power and independent advice on board matters[39]. - The company plans to hire external consultants for an internal review of the audit committee's scope in the second half of the year[39]. - The board will periodically review the necessity of establishing an internal audit function based on the group's operational scale and complexity[39]. - The company has not established an independent internal audit department but has implemented appropriate measures for internal audit functions[39]. - The company believes that its current organizational structure and close management oversight are sufficient for risk management and internal control[39]. Business Strategy and Outlook - The group plans to optimize cargo structure, strengthen cost control, and solidify customer relationships while focusing on market expansion for oil product sales[36]. - The group will continue to actively seek new business and investment opportunities to enhance diversification[37]. - The group operates primarily in China, providing bulk cargo unloading services and selling oil products along with related value-added port services[57]. - The group has not made any changes to its risk management policies since the fiscal year ending December 31, 2024[65]. - The group anticipates continued internal cash flow generation and borrowing from financial institutions to meet future cash flow needs[66]. Related Party Transactions - The company has ongoing significant transactions with related parties, including leasing office space and providing handling services[99]. - Revenue from providing handling services to related parties was RMB 1,670,000 for the six months ended June 30, 2025, a decrease of 65.9% compared to RMB 4,889,000 for the same period in 2024[102]. Other Information - The company reported a net cash outflow from operating activities of RMB 13,649 thousand for the six months ended June 30, 2025, compared to a net inflow of RMB 622 thousand for the same period in 2024[56]. - The company paid dividends of RMB 30,000 thousand during the six months ended June 30, 2025, with no dividends paid in the same period of 2024[56]. - There were no significant events occurring after June 30, 2025, up to the date of the interim report[48]. - The company has not issued any share options under its share option scheme during the reporting period[44]. - The financial information was approved by the board on August 28, 2025, but has not been audited[58].

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: 天源集團控股有限公司 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) | 06119 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | 本月底法定/註冊股本 ...

Core Viewpoint - Tianyuan Group (06119.HK) reported a significant decline in revenue and profit for the six months ending June 30, 2025, primarily due to decreased overall demand in the market [1] Financial Performance - Revenue decreased by approximately 15.7% year-on-year to about RMB 180 million [1] - Profit attributable to shareholders dropped by around 60.0% to approximately RMB 4.9 million [1] - The board of directors does not recommend the payment of an interim dividend for the six months ending June 30, 2025 [1] Operational Metrics - Total cargo throughput for the period was approximately 1,302 thousand tons, a decrease of about 429 thousand tons or 24.8% compared to the same period last year [1] - The average handling fee for cargo remained stable compared to the previous year [1] - The scale of value-added port services, including storage services for oil tanks and grain silos, as well as forklift rentals, remained similar to the previous year [1] Strategic Initiatives - The company focused on improving service quality and strengthening relationships with key customers during the reporting period [1]