HAO WEN HOLDINGS LIMITED 皓文控股有限公 司 (於開曼群島註冊成立之有限公司） 股份代號: 8019 中 期 報 告 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於主板買賣之證券承受較大 的市場波動風險，同時無法保證在GEM 買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，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報告全部或任何部份內容而產生或因依賴該等內容而引致之任何 損失承擔任何責任。 本報告包括根據《聯交所GEM證券上市規則》（「GEM上市規則」）規定提供皓文控股有限公司（「本 公司」）之資料，本公司各董事（「董事」）對本報告共同及個別承擔全部責任。董事在作出一切合理 查詢後確認，就彼等所知及所信，本報告所載資料在各重大方面均為準確及完整，且並無誤導或欺 詐成分，亦無遺漏其他事項致使本報告所載陳述或本報告有所誤導。 01 中期報告2025 皓文控股有限公司 概要 皓文控股有限公司 中期報告2025 香港聯合交易所有限公司（「聯交所」）GEM 之特色 GEM 的定位，乃為中小型公司提供一個上市的市場，此等 ...

HAO WEN HOLDINGS LIMITED 皓文控股有限公 司 (Incorporated in the Cayman Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8019) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：8019） NOTIFICATION LETTER 通知信函 19 September 2025 Note: Corporate Communications include any document(s) issued or to be issued by the Company for the information or action of holders of any of its securities or the investing public, including but not limited to (a) the directors' report and its annual a ...

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: | 皓文控股有限公司 | | | | | | 呈交日期: | 2025年9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) | 08019 | 普通股 說明 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 100,000,000,000 | HKD | | 0.01 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | ...

Group 1 - The company reported a revenue of 21.864 million HKD for the six months ending June 30, 2025, representing a year-on-year decrease of 2% [1] - The loss attributable to the company's owners was 667,000 HKD, which is a significant reduction of 95.47% compared to the previous year [1] - The loss per share was 0.19 HKD [1]

Group 1 - The company reported a revenue of 21.864 million, representing a year-on-year decrease of 2% [1] - The loss attributable to the owners of the company was 667,000, which is a year-on-year decrease of 95.47% [1] - The loss per share was 0.19 cents [1]

Company Information and Report Overview [Company Basic Information](index=1&type=section&id=1.1%20公司基本信息) HAO WEN HOLDINGS LIMITED (Stock Code: **8019**), listed on GEM, reports unaudited interim results for H1 2025 - The company name is HAO WEN HOLDINGS LIMITED, Stock Code **8019**[2](index=2&type=chunk) - The company was incorporated in the Cayman Islands on August 1, 2000, and its shares have been listed on GEM of the Stock Exchange since July 20, 2021[12](index=12&type=chunk) - This announcement is for the unaudited interim results for the six months ended June 30, 2025[2](index=2&type=chunk) [Report Summary](index=4&type=section&id=1.2%20报告摘要) H1 2025 revenue decreased **2.0%** to **RMB 21,864 thousand**, with **RMB 667 thousand** loss and no dividend Key Financial Highlights for H1 2025 | Metric | H1 2025 (RMB thousands) | H1 2024 (RMB thousands) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Revenue | 21,864 | 22,317 | -2.0% | | Loss Attributable to Owners | (667) | (14,725) | -95.5% (Loss narrowed) | | Loss Per Share (RMB cents) | (0.19) | (4.14) | -95.4% (Loss narrowed) | - The Directors do not recommend the payment of an interim dividend for the period[7](index=7&type=chunk)[27](index=27&type=chunk) Condensed Consolidated Financial Statements [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=5&type=section&id=2.1%20简明综合损益及其他全面收益表) H1 2025 revenue **RMB 21,864 thousand**, operating profit **RMB 1,383 thousand**, and loss for owners significantly narrowed to **RMB 667 thousand** Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (For the six months ended June 30) | Metric | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Revenue | 21,864 | 22,317 | | Cost of Sales | (7,744) | (6,885) | | Gross Profit | 14,120 | 15,432 | | Other Income / (Losses) | 3,262 | (18,160) | | General and Administrative Expenses | (15,999) | (9,824) | | Operating Profit / (Loss) | 1,383 | (12,552) | | Finance Costs | (2,050) | (2,173) | | Loss Before Tax | (667) | (14,725) | | Loss for the Period Attributable to Owners of the Company | (667) | (14,725) | | Loss Per Share (RMB cents) | (0.19) | (4.14) | [Condensed Consolidated Statement of Financial Position](index=6&type=section&id=2.2%20简明综合财务状况表) As at June 30, 2025, total assets less current liabilities were **RMB 292,673 thousand**, net assets **RMB 273,938 thousand** Condensed Consolidated Statement of Financial Position (As at June 30) | Metric | June 30, 2025 (RMB thousands) | December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | Non-current Assets | 161,159 | 174,056 | | Current Assets | 199,231 | 195,957 | | Current Liabilities | (67,717) | (62,580) | | Net Current Assets | 131,514 | 133,377 | | Total Assets Less Current Liabilities | 292,673 | 307,433 | | Non-current Liabilities | (18,735) | (17,638) | | Net Assets | 273,938 | 289,795 | | Total Equity | 273,938 | 289,795 | [Condensed Consolidated Statement of Changes in Equity](index=7&type=section&id=2.3%20简明综合权益变动表) As at June 30, 2025, total equity was **RMB 273,938 thousand**, decreased from **RMB 292,726 thousand** due to period's loss and foreign exchange differences Condensed Consolidated Statement of Changes in Equity (As at June 30) | Item | January 1, 2024 (RMB thousands) | June 30, 2024 (RMB thousands) | January 1, 2025 (RMB thousands) | June 30, 2025 (RMB thousands) | | :--- | :--- | :--- | :--- | :--- | | Share Capital | 3,614 | 3,614 | 3,614 | 3,614 | | Share Premium | 379,917 | 379,917 | 379,917 | 379,917 | | Total Reserves | 536,025 | 536,025 | 536,025 | 536,025 | | Exchange Reserve | 30,489 | 39,628 | 35,921 | 20,731 | | Accumulated Losses | (640,130) | (672,044) | (665,682) | (666,349) | | Total Equity | 292,726 | 287,140 | 289,795 | 273,938 | [Condensed Consolidated Statement of Cash Flows](index=8&type=section&id=2.4%20简明综合现金流量表) H1 2025 net cash used in operations **RMB 1,703 thousand**, net cash from financing **RMB 897 thousand**, net cash decrease **RMB 806 thousand** Condensed Consolidated Statement of Cash Flows (For the six months ended June 30) | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Net Cash Used in Operating Activities | (1,703) | (1,109) | | Net Cash From Financing Activities | 897 | – | | Net Decrease in Cash and Cash Equivalents | (806) | (1,109) | | Cash and Cash Equivalents at January 1 | 3,628 | 2,835 | | Effect of Foreign Exchange Rate Changes | (102) | 80 | | Cash and Cash Equivalents at June 30 | 2,720 | 1,806 | Notes to the Condensed Consolidated Interim Financial Information [Company Information](index=9&type=section&id=3.1%20公司资料) HAO WEN HOLDINGS LIMITED, incorporated in the Cayman Islands, primarily engages in money lending and electronic components processing and trading - The Group primarily engages in money lending and the processing and trading of electronic components[13](index=13&type=chunk) - The company was incorporated in the Cayman Islands on August 1, 2000, and its shares have been listed on GEM of the Stock Exchange since July 20, 2021[12](index=12&type=chunk) [Basis of Preparation](index=9&type=section&id=3.2%20编制基準) Interim financial information prepared under IAS 34 and GEM Listing Rules, consistent with prior year, using historical cost except for FVTPL assets - The condensed consolidated interim financial information is prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' and complies with the applicable disclosure provisions of the GEM Listing Rules[14](index=14&type=chunk) - The financial information is prepared on the historical cost basis, except for financial assets at fair value through profit or loss[15](index=15&type=chunk) - The Group adopts RMB as its reporting currency[16](index=16&type=chunk) [Revenue](index=10&type=section&id=3.3%20收益) H1 2025 total revenue **RMB 21,864 thousand**, primarily from money lending (**RMB 13,952 thousand**) and electronic component sales Revenue Breakdown (For the six months ended June 30) | Revenue Source | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Sales of electronic components in PRC | 7,912 | 7,048 | | Interest income from money lending in Hong Kong | 13,952 | 15,269 | | **Total Revenue** | **21,864** | **22,317** | - The decrease in revenue was primarily due to lower revenue from the money lending business, partially offset by growth in the electronic components processing and trading business[38](index=38&type=chunk) [Segment Information](index=11&type=section&id=3.4%20分部资料) The Group's money lending and electronic components segments reported revenues of **RMB 13,952 thousand** and **RMB 7,912 thousand** respectively, with significant segment assets Segment Revenue and Results (For the six months ended June 30) | Segment | 2025 Revenue (RMB thousands) | 2024 Revenue (RMB thousands) | 2025 Segment Results (RMB thousands) | 2024 Segment Results (RMB thousands) | | :--- | :--- | :--- | :--- | :--- | | Money Lending | 13,952

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。 HAO WEN HOLDINGS LIMITED （於開曼群島註冊成立之有限公司） （股份代號：8019） 皓文控股有限公司 董事會會議日期 皓文控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈，本公司將 於二零二五年八月二十八日（星期四）舉行董事會會議，藉以（其中包括）審議並 批准本公司及其附屬公司截至二零二五年六月三十日止六個月之中期業績，以及 考慮派發股息（如有）。 承董事會命 香港，二零二五年八月十八日 於本公告發表日期，董事會包括執行董事馮科明先生及柏潔女士，以及獨立非執 行董事陳君堯先生、馬思靜女士及何苑棋女士。 本公告的資料乃遵照《香港聯合交易所有限公司GEM 證券上市規則》而刊載，旨 在提供有關本公司的資料；董事願就本公告的資料共同及個別地承擔全部責任。 各董事在作出一切合理查詢後，確認就其所知及所信，本公告所載資料在各重要 方面均屬準確完備，沒有誤導或欺詐成分，且並無遺 ...

Group 1 - The Hang Seng Index closed down 0.37% at 25,176.85 points on August 18 [1] - Haowen Holdings (08019.HK) closed at HKD 0.365 per share, up 43.14%, with a trading volume of 681,500 shares and a turnover of HKD 282,200, showing a volatility of 182.35% [1] - Over the past month, Haowen Holdings has seen a cumulative decline of 3.77%, and a year-to-date decline of 62.5%, underperforming the Hang Seng Index which has increased by 25.97% [1] Group 2 - As of December 31, 2024, Haowen Holdings reported total revenue of HKD 38.583 million, a year-on-year decrease of 15.65%, and a net profit attributable to shareholders of HKD -8.363 million, an increase of 10.82% [1] - The gross profit margin for Haowen Holdings is 74.2%, with a debt-to-asset ratio of 21.68% [1] - Currently, there are no institutional investment ratings for Haowen Holdings [1] Group 3 - The average price-to-earnings (P/E) ratio for the other financial industry (TTM) is 12.87 times, with an industry median of -0.2 times [1] - Haowen Holdings has a P/E ratio of -10.05 times, ranking 116th in the industry [1] - Other companies in the industry have the following P/E ratios: China Merchants China Fund (00133.HK) at 2.58 times, Weixin Jinkou (02003.HK) at 3.01 times, Hong Kong Credit (01273.HK) at 3.95 times, Guoyin Financial Leasing (01606.HK) at 4.47 times, and Haitong Hengxin (01905.HK) at 4.81 times [1][2]

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: | 皓文控股有限公司 | | 呈交日期: | 2025年8月5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) | 08019 | 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 | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | | 本月底結存 | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | 本 ...

Financial Performance - For the fiscal year ending December 31, 2024, the group recorded total revenue of approximately RMB 38,583,000, a decrease of about 15.6% compared to RMB 45,740,000 in 2023[7]. - Interest income from the lending business was approximately RMB 28,140,000, accounting for about 72.9% of total revenue, while revenue from electronic components processing and trading was approximately RMB 10,443,000, representing 27.1% of total revenue[6]. - The net loss attributable to the company’s owners was approximately RMB 8,363,000, a decrease of about RMB 1,015,000 or 10.8% compared to RMB 9,378,000 in 2023[8]. - The fair value gains on financial assets decreased from approximately RMB 7,813,000 to RMB 3,980,000, contributing to the overall decline in other income[7]. - The expected credit loss provision for receivables increased to approximately RMB 114,862,000 in 2024, up from RMB 86,077,000 in 2023, primarily due to adverse impacts on borrowers' financial conditions from economic recession[12]. Expenses and Financial Ratios - The group’s general and administrative expenses decreased by approximately RMB 9,845,000 or 49.5% to RMB 10,038,000, primarily due to reduced advertising costs and depreciation of property and equipment[8]. - The group’s financial expenses increased by approximately RMB 43,000 or 0.8% to RMB 5,119,000, mainly due to interest expenses on unsecured bonds[8]. - The current ratio decreased to 3.1 times in 2024 from 7.8 times in 2023, with current assets amounting to approximately RMB 195,957,000 in 2024 compared to RMB 211,587,000 in 2023[14]. - The debt-to-asset ratio improved slightly to 21.7% in 2024 from 22.7% in 2023, indicating a stable financial structure[14]. Loan Portfolio and Credit Management - The lending portfolio net amount was approximately RMB 301,388,000, a decrease from RMB 322,868,000 in 2023, with loans issued to 74 borrowers, including 65 individuals and 9 enterprises[10]. - The group’s trade receivables, loans receivable, and other receivables amounted to approximately RMB 308,608,000, down from RMB 339,800,000 in 2023[9]. - The group confirmed impairment losses on trade receivables, loans receivable, and other receivables of approximately RMB 22,542,000, down from RMB 26,416,000 in 2023[9]. - The group’s five largest borrowers accounted for approximately RMB 53,345,000, or 17.7% of total loans receivable[10]. - The group has established credit policies and procedures to manage lending risks, including a three-stage loan application process[164]. Corporate Governance - The board of directors is responsible for formulating strategic policies and overseeing the company's affairs to enhance shareholder value[37]. - The board holds regular meetings, typically four times a year, to review financial and business performance and approve overall strategies and policies[38]. - The board of directors consists of five members, including two executive directors and three independent non-executive directors[41]. - The company has adopted a nomination policy to ensure that appointed directors possess relevant business, financial, and management skills[52]. - The company has established appropriate insurance arrangements for legal actions against directors[46]. Employee and Operational Management - As of December 31, 2024, the group employed 10 staff members, a decrease from 12 in 2023, with a gender ratio of 50% male and 50% female[27]. - Employee costs, including director remuneration, amounted to RMB 1,571,000 for the year, compared to RMB 1,545,000 in 2023, reflecting a slight increase of approximately 1.7%[27]. - The company emphasizes a discrimination-free work environment, considering only business needs and individual qualifications in hiring[130]. - The company has implemented a strict policy against workplace harassment and bullying[141]. - 100% of employees received training, with an average training duration of 17.5 hours per employee[139]. Environmental, Social, and Governance (ESG) Initiatives - The ESG report outlines the group's performance in environmental, social, and governance aspects for the year ending December 31, 2024[106]. - The group identified key ESG issues such as employment, labor standards, health and safety, customer privacy protection, and anti-corruption as significant during the reporting period[110]. - The company aims to maintain or reduce energy and water consumption levels by 2025 compared to the 2024 baseline[119]. - The company has implemented a "paperless" initiative to reduce paper consumption and promote recycling[117]. - The company actively engages in waste management by recycling and donating electronic products to extend their lifespan[116]. Risk Management - The group has a risk management system in place to monitor and mitigate risks associated with its business operations[166]. - The group is exposed to foreign exchange rate risks due to assets and liabilities denominated in currencies other than its functional currency[169]. - The group faces intense competition in the electronic components sector, which may adversely affect revenue and profit margins[165]. - The group monitors the collectability of loans continuously, taking action in case of overdue payments, including legal actions if necessary[164]. - The company continuously monitors cash flow to manage liquidity risk and maintain sufficient cash and credit lines[172]. Shareholder Relations and Dividends - The board of directors has full discretion over dividend payments, which will depend on various factors including the group's financial performance and capital requirements[96][97]. - The company did not recommend the payment of a final dividend for the year[180]. - The company emphasizes effective communication with shareholders, encouraging participation in all shareholder meetings[94]. - The attendance rate for the 2024 annual general meeting was 100% for some directors, while others had varying attendance[95]. - The company has a structured dividend policy established in March 2019, which outlines the procedures for declaring and recommending dividends[96].