致：香港交易及結算所有限公司 公司名稱: 中國萬桐園（控股）有限公司 呈交日期: 2026年4月1日 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: 2026年3月31日 狀態: 新提交 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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定/註 ...

Financial Performance - For the year ended December 31, 2025, the group's revenue was approximately RMB 25,987,000, a decrease of RMB 18,026,000 or 41.0% compared to 2024's revenue of RMB 44,013,000[3]. - The loss attributable to the company's owners for the year ended December 31, 2025, was RMB 11,783,000, compared to a profit of RMB 9,848,000 in 2024[3]. - The group's gross profit for the year was RMB 19,963,000, down from RMB 36,599,000 in 2024[4]. - The group reported a net loss and total comprehensive expense of RMB 11,783,000 for the year, compared to a profit of RMB 9,848,000 in the previous year[8]. - Revenue for the year ended December 31, 2025, decreased by 41% to RMB 25.987 million from RMB 44.013 million in 2024, primarily due to a decline in burial service demand and a drop in the average selling price of burial plots[74]. - The pre-tax loss for the year ending December 31, 2025, is RMB 11,096,000, compared to a pre-tax profit of RMB 16,510,000 in 2024[31][32]. - The total comprehensive loss for 2025 was RMB 11.8 million, compared to a total comprehensive income of RMB 9.8 million in 2024, with a net profit margin of 22.4% in 2024[88]. Dividends - The board of directors did not recommend the payment of a final dividend for the year ended December 31, 2025, compared to a dividend of HKD 0.55 per share in 2024[3]. - The company declared a final dividend of HKD 0.0055 per share (approximately RMB 0.50) for the year ended December 31, 2024, totaling RMB 5,016,000, down from RMB 9,123,000 in 2023[44]. - The company has not proposed a final dividend for the year ended December 31, 2025, compared to a dividend of HKD 0.0055 per share in 2024[45]. Assets and Liabilities - Total assets less current liabilities as of December 31, 2025, were RMB 291,791,000, compared to RMB 313,806,000 in 2024[5]. - Non-current assets decreased to RMB 118,127,000 in 2025 from RMB 111,311,000 in 2024[5]. - The group's total equity attributable to owners decreased to RMB 211,720,000 in 2025 from RMB 228,519,000 in 2024[7]. - The asset-liability ratio as of December 31, 2025, was 32.9%, compared to 31.7% in 2024, indicating a stable liquidity position for the company[98]. Cash Flow - Cash and cash equivalents increased to RMB 189,104,000 in 2025 from RMB 171,318,000 in 2024[5]. - Cash and cash equivalents increased by RMB 17.8 million from RMB 171.3 million on December 31, 2024, to RMB 189.1 million on December 31, 2025, mainly due to cash inflows from the recovery of land relocation payments for cemetery joint ventures[90]. Revenue Recognition - The company recognizes revenue from cemetery sales upon transfer of control to the customer, with immediate payment required at the time of purchase[24]. - The company applies a straight-line method to recognize revenue related to maintenance services over the service period, with contract liabilities recognized at the time of the initial sale[25]. - Revenue from the sale of burial plots for the year ending December 31, 2025, amounted to RMB 13,602,000, while total revenue reached RMB 25,987,000[21]. - Revenue from funeral services amounted to RMB 198 million, accounting for 76.1% of total revenue for the year ended December 31, 2025, compared to RMB 317 million or 72.1% in 2024[63]. Expenses - The cost of sales and services for 2025 was RMB 6.0 million, a decrease of 18.9% from RMB 7.4 million in 2024, attributed to reduced demand for burial services[75]. - Other income for the year ending December 31, 2025, is RMB 2,222,000, a decrease from RMB 4,138,000 in 2024[37]. - Other expenses increased to RMB 6.9 million in 2025 from RMB 0.9 million in 2024, primarily due to additional tax-related interest expenses and surcharges[81]. - Distribution and selling expenses decreased by 9.5% from RMB 10.5 million in 2024 to RMB 9.5 million in 2025, mainly due to reduced employee and travel expenses[84]. - Administrative expenses increased by 3.3% to RMB 12.7 million in 2025 from RMB 12.3 million in 2024, primarily due to the amortization of new cemetery assets[85]. Risks and Uncertainties - The group faces risks and uncertainties in its operations in the funeral industry in China, particularly regarding government regulations that may affect asset recoverability[18]. - The group has identified significant sources of estimation uncertainty that could lead to material adjustments in asset and liability values in the next fiscal year[17]. - The group’s accounting policies require management to make judgments and estimates regarding the carrying amounts of assets and liabilities, which may differ from actual results[16]. - Forward-looking statements included in the announcement involve risks and uncertainties, and actual performance may differ significantly from these statements[113]. Future Outlook - The company aims to enhance its market position in Langfang and expand its business in the Beijing-Tianjin-Hebei metropolitan area through continuous innovation and service upgrades[66]. - The company expects significant growth from 2026 to 2028, believing it is well-prepared to achieve its corporate goals and create shareholder value[69]. Audit and Governance - The audit committee has reviewed the consolidated financial statements for the year ending December 31, 2025, and believes they comply with applicable accounting standards and regulations[109]. - The preliminary announcement of the consolidated financial position and results for the year ending December 31, 2025, has been agreed upon by the auditors, Deloitte, and is consistent with the audited financial statements approved by the board on March 30, 2026[110]. - The annual general meeting is scheduled for June 4, 2026, with a notice to be published and sent to shareholders in due course[111].

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，概不就因本公告全部或任何 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。 CHINA WAN TONG YUAN (HOLDINGS) LIMITED （於開曼群島註冊成立的有限公司） 承董事會命 中國萬桐園（控股）有限公司 中 國 萬 桐 園（ 控 股 ）有 限 公 司 （股份代號：6966） 董事會會議通知 中國萬桐園（控股）有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於 二零二六年三月三十日（星期一）舉行董事會會議，以處理（其中包括）以下事項： 香港，二零二六年三月十六日 於本公告日期，本公司董事會包括主席兼本公司非執行董事趙穎女士，本公司三名 執行董事李興穎女士、王薇女士及楊允先生，以及本公司三名獨立非執行董事張應 坤先生、王永權博士及蔡漢強先生。 趙穎 1. 考慮及批准本公司及其附屬公司截至二零二五年十二月三十一日止年度之經審 核合併年度業績及其發佈； 2. 考慮派發截至二零二五年十二月三十一日止年度之末期股息（如有）； 3. 考慮及批准本公司應屆 ...

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，概不就因本公告全部或任何 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。 CHINA WAN TONG YUAN (HOLDINGS) LIMITED 中 國 萬 桐 園（ 控 股 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6966） 盈利警告 轉盈為虧 本公告乃由中國萬桐園（控股）有限公司（「本公司」，連同其附屬公司統稱為「本集 團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及證 券及期貨條例（香港法例第571章）第XIVA部內幕消息條文（定義見上市規則）作出。 本公司董事會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資者，根據董事會 對本集團截至二零二五年十二月三十一日止年度之綜合管理賬目（尚未經獨立核數 師及╱或本公司審核委員會審閱或審核）之初步審閱，以及考慮到董事會目前可得 的資料，相比截至二零二四年十二月三十一日止年度本集團擁有人應佔溢利及全面 收益總額約人民幣9.85百萬元，本集團預期將錄得本公 ...

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 致：香港交易及結算所有限公司 公司名稱: 中國萬桐園（控股）有限公司 呈交日期: 2026年3月2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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定/註冊股本總額： USD 30,000,000 FF3 ...

致：香港交易及結算所有限公司 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: 2026年1月31日 狀態: 新提交 公司名稱: 中國萬桐園（控股）有限公司 呈交日期: 2026年2月2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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定/註 ...

致：香港交易及結算所有限公司 公司名稱: 中國萬桐園（控股）有限公司 呈交日期: 2026年1月2日 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12月31日 狀態: 新提交 | 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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定/註冊股本總額： USD 3 ...

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11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: 中國萬桐園（控股）有限公司 呈交日期: 2025年12月2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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定 ...

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: 中國萬桐園（控股）有限公司 呈交日期: 2025年11月4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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定 ...

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: 中國萬桐園（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 | 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) | 06966 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.01 | USD | | 30,000,000 | 本月底法定/ ...