此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他 註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有周六福珠宝股份有限公司的股份，應立即將本通函連同代 表委任表格交予買主或承讓人，或經手買賣或轉讓的銀行、股票經紀或其他代理人，以 便轉交買主或承讓人。 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通函的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通函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。 Zhou Liu Fu Jewellery Co., Ltd. 周六福珠宝股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6168） (1) 2025年半年度利潤分配方案 及 (2) 2025年第二次臨時股東大會通告 本公司謹訂於2025年9月19日（星期五）上午10時正假座中國深圳市羅湖區東曉街道東曉 社區太白路3031號中冠商務大廈23層會議室舉行2025年第二次臨時股東大會（「臨時股東 大會」），有關通告載於本通函。 隨函附奉適用於臨時股東大會的 ...

Group 1 - The company reported a revenue of RMB 3.15 billion for the six months ending June 30, 2025, representing a year-on-year increase of approximately 5.2% [1] - Gross profit reached RMB 827 million, up about 8.7% year-on-year, while net profit was RMB 415 million, reflecting an increase of 11.9% [1] - Online sales generated RMB 1.632 billion, a significant growth of approximately 34% compared to the same period last year, driven by enhanced operational efficiency and deeper collaborations with e-commerce platforms [1] Group 2 - During the 2025 618 shopping festival, the company's self-operated sales GMV across all online platforms exceeded RMB 700 million, marking a year-on-year increase of 36% [1] - The company ranked fourth in the gold category on the Tmall platform during the 618 event [1] Group 3 - The company has been exploring lighter and more fashionable product designs, utilizing strategies such as IP collaborations and combinations of gold with other materials to enhance customer loyalty and profitability [2] - Offline retail sales of marked products saw a volume and sales increase of 73.2% and 44.4% year-on-year, respectively, with offline retail gross margin rising by 12.2% to 41.7% [2] Group 4 - Geopolitical risks and uncertainties related to tariffs have led to a sharp increase in gold prices, putting pressure on end-consumer performance [3] - The company closed 272 stores during the reporting period, resulting in a total of 3,760 franchise stores and 97 self-operated stores as of June 30, 2025 [3] - The store structure has become more balanced, with nearly 50% of stores located in first and second-tier cities, and over 55% of stores situated in shopping centers and department stores [3]

Core Insights - The company reported a revenue of RMB 3.15 billion for the six months ending June 30, 2025, representing a year-on-year increase of approximately 5.2% [1] - Gross profit reached RMB 827 million, up about 8.7% year-on-year, while net profit was RMB 415 million, reflecting an increase of approximately 11.9% [1] - The interim dividend per share is set at RMB 0.45 [1] Online Sales Performance - Online sales generated revenue of RMB 1.632 billion, a year-on-year growth of approximately 34%, driven by improved operational efficiency and deeper collaborations with e-commerce platforms [1] - During the 2025 618 shopping festival, the company's self-operated sales GMV across all online platforms exceeded RMB 700 million, marking a 36% increase year-on-year, with growth rates exceeding 30% for two consecutive years [1] Offline Retail Developments - The company has seen a significant increase in the sales volume and revenue of marked products in offline retail, with growth rates of 73.2% and 44.4% respectively, and an increase in gross margin to 41.7% [2] - The company is focusing on product, brand, and operational synergies to enhance brand development and customer loyalty [2] Store Optimization and Closure - Due to geopolitical risks and economic uncertainties, the company closed 272 stores during the reporting period, resulting in a total of 3,760 franchise stores and 97 self-operated stores as of June 30, 2025 [3] - The store distribution has become more balanced, with nearly 50% of stores located in first and second-tier cities, and over 55% of stores situated in shopping centers and department stores [3]

Group 1 - The core viewpoint of the article is that Zhou Silu (06168.HK) reported an increase in revenue and net profit for the six months ending June 30, 2025, indicating positive financial performance [1] - The group's revenue increased by approximately 5.2% to about RMB 3,150.4 million [1] - The net profit rose by approximately 11.9% to about RMB 415.3 million [1] Group 2 - The board of directors proposed an interim dividend of RMB 0.45 per ordinary share (tax included) for the six months ending June 30, 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通告的內 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 就因本通告全部或任何部分內容而產生或因依賴該等內容而引致的任 何 損 失 承 擔 任 何 責 任。 Zhou Liu Fu Jewellery Co., Ltd. 周六福珠宝股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6168） 2025年第二次臨時股東大會通告 茲 通 告 周 六 福 珠 宝 股 份 有 限 公 司（「本公司」）謹 定 於2025年9月19日（星 期 五）上 午10時正假座中國深圳市羅湖區東曉街道東曉社區太白路3031號 中冠商務大廈23層會議室舉行2025年 第 二 次 臨 時 股 東 大 會（「臨時股東大 會」），以 審 議 並 酌 情 批 准 下 列 決 議 案（無 論 有 無 修 訂）。有 關 決 議 案 的 詳 情，請 詳 見 本 公 司 日 期 為2025年8月22日 的 通 函（「通 函」）。除 非 文 義 另 有 所 指，本 通 告 所 用 詞 彙 與 通 函 所 界 定 者 ...

免責聲明 | 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 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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 周六福珠宝股份有限公司 | | 股份代號 | 06168 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年8月22日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.45 RMB | | 股東批准日期 | 2025年9月19日 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | HKD， 金額有待公佈 | | 匯率 | 有待公佈 | | 除淨日 ...

Financial Performance - Revenue increased by approximately 5.2% from RMB 2,993.9 million for the six months ended June 30, 2024, to approximately RMB 3,150.4 million for the six months ended June 30, 2025[2] - Gross profit rose by about 8.7% from RMB 761.1 million to approximately RMB 827.2 million during the same period[2] - Net profit increased by approximately 11.9% from RMB 371.2 million to approximately RMB 415.3 million[2] - Total comprehensive income for the period was approximately RMB 413.7 million, compared to RMB 371.9 million in the previous period[5] - Total revenue for the six months ended June 30, 2025, was approximately RMB 3,150,422,000, representing an increase from RMB 2,993,916,000 for the same period in 2024, reflecting a growth of 5.2%[15] - Revenue from gold jewelry sales was RMB 2,533,982,000 for the six months ended June 30, 2025, compared to RMB 2,319,784,000 in 2024, indicating an increase of 9.2%[15] - The company’s service revenue for the six months ended June 30, 2025, was RMB 381,258,000, down from RMB 429,363,000 in 2024, a decrease of 11.2%[15] - Total revenue for the period was RMB 3,150.42 million, an increase of approximately RMB 156.51 million or 5.2% compared to RMB 2,993.92 million in the previous year[60] Earnings and Dividends - The basic and diluted earnings per share increased from RMB 1.01 to RMB 1.09[4] - Declared dividends for the six months ended June 30, 2025, were RMB 196,931,000, significantly lower than RMB 644,466,000 in 2024, a decrease of 69.5%[29] - The board has proposed an interim dividend of RMB 0.45 per ordinary share for the six months ending June 30, 2025, totaling approximately RMB 198,277,212.60[88] Assets and Liabilities - Non-current assets totaled approximately RMB 709.3 million as of June 30, 2025, compared to RMB 655.8 million as of December 31, 2024[6] - Current assets increased to approximately RMB 4,378.1 million from RMB 3,301.8 million[6] - Cash and bank balances significantly rose from RMB 561.7 million to RMB 1,674.6 million[6] - The total current liabilities amounted to RMB 1,101,955,000 as of June 30, 2025, down from RMB 1,330,486,000 as of December 31, 2024, a decrease of 17.2%[7] - The company’s total assets minus current liabilities were RMB 3,985,488,000 as of June 30, 2025, compared to RMB 2,627,085,000 as of December 31, 2024, reflecting an increase of 51.5%[7] - The company’s non-current liabilities totaled RMB 71,834,000 as of June 30, 2025, compared to RMB 49,479,000 as of December 31, 2024, representing an increase of 45.4%[7] - The company’s interest-bearing bank borrowings were RMB 352,504,000 as of June 30, 2025, down from RMB 612,754,000 as of December 31, 2024, a decrease of 42.5%[7] Operational Highlights - The company operates through a franchise model, self-operated stores, and online sales channels, providing a variety of jewelry products[42] - The company has a comprehensive offline store network and online sales channels, enhancing its brand recognition and market reach[42] - Online sales revenue reached RMB 1,631.9 million, representing a 34% increase year-on-year, attributed to improved operational efficiency and deeper collaborations with e-commerce platforms[43] - During the 2025 618 event, the group's online sales GMV exceeded RMB 700 million, a 36% year-on-year increase, maintaining over 30% growth for two consecutive years[44] - The sales volume and revenue of branded products in offline retail increased by 73.2% and 44.4% respectively compared to the same period last year, with offline retail gross margin rising by 12.2% to 41.7%[45] - The group closed 272 stores during the reporting period, resulting in a total of 3,760 franchise stores and 97 self-operated stores as of June 30, 2025[46] - Franchise model revenue decreased by 17% to RMB 1,228.7 million, while online sales channel revenue increased by 34% to RMB 1,631.9 million, accounting for 52% of total revenue[49] Strategic Initiatives - The company plans to enhance product development and marketing strategies targeting younger consumers through new media channels[54] - The company aims to expand its self-operated stores to approximately 200 within three years, enhancing brand presence in mid to high-end markets[55] - The company has opened 6 stores in Southeast Asia and plans to increase this number to 10 by the end of the year, while also expanding its overseas e-commerce operations[57] - The company will continue to strengthen its online e-commerce business by investing in product, marketing, and logistics resources[58] - The company is set to launch upgraded versions of its brand-specific product series, promoting Eastern culture and contemporary styles[53] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, has reviewed the interim financial performance and confirmed compliance with relevant accounting standards and regulations[94] - The board of directors consists of four executive directors and three independent non-executive directors, ensuring a diverse governance structure[100] - The company emphasizes compliance with the Hong Kong Stock Exchange listing rules and standards[97] Future Outlook - The overall gold jewelry industry is entering a period of adjustment and consolidation, with increased competition and changing consumer preferences[53] - The company plans to continue seeking strategic investment and acquisition opportunities to achieve long-term growth strategies[80] - The offering is expected to provide the company with additional capital for future growth initiatives[97] - The company is committed to transparency and will provide regular updates to shareholders and potential investors[97]

中信证券发布研报，对周六福进行投资价值分析。该团队认为，周六福凭借以整合研发、指定供应商供 货为主的轻资产模式、较同行更具吸引力的加盟政策，迅速发展，当前大众珠宝市场趋于轻量化、时尚 化，公司的轻资产模式较好保障了效率，同时公司兼顾创新，未来计划着力提升品牌势能，深挖海内外 黄金珠宝消费市场。给予公司2025年22xPE，对应目标价44港元，首次覆盖，给子"买入"评级。 8月22日，恒生指数公司宣布截至2025年6月30日之恒生指数系列季度检讨结果，其中周六福(06168)获 纳入恒生综合指数，变动将于9月5日(星期五)收市后实施并于9月8日(星期一)起生效，届时沪深交易所 会相应调整港股通可投资标的范围。据华泰证券研报，周六福有可能被调入港股通，因其满足了包括市 值、流动性和上市时间等在内的一系列标准。 ...

Core Viewpoint - The Hang Seng Index Company announced the quarterly review results for the Hang Seng Index series, with Chow Tai Fook (06168) being included in the Hang Seng Composite Index, effective from September 8, 2025, which may lead to adjustments in the Hong Kong Stock Connect investment scope [1] Group 1: Company Analysis - Chow Tai Fook is expected to be included in the Hong Kong Stock Connect due to meeting various criteria such as market capitalization, liquidity, and listing duration [1] - CITIC Securities published an investment value analysis on Chow Tai Fook, highlighting its light-asset model and attractive franchise policy as key growth drivers [1] - The company aims to enhance brand strength and explore both domestic and international gold and jewelry consumption markets, with a target price of HKD 44 based on a 22x PE for 2025 [1]

Group 1 - Shenzhen Zhouliufu Jewelry Development Co., Ltd. has been established with a registered capital of 50 million RMB, fully owned by Zhouliufu Jewelry Co., Ltd. [1] - The legal representative of the new company is Li Weipeng, and its business scope includes wholesale and retail of jewelry, enterprise management consulting, marketing planning, and project planning and public relations services [1] - The company is classified under the manufacturing industry, specifically in the non-ferrous metal smelting and rolling processing sector [1] Group 2 - The registered address of the company is located at 3031 Taibai Road, Zhongguan Business Building, East Xiaojie Community, Luohu District, Shenzhen [1] - The business license allows the company to operate independently without needing approval for general business projects [1] - The company is set to operate until August 21, 2025, with no fixed term thereafter [1]