香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告之內容概不負責，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 容而引致之任何損失承擔任何責任。 於本公告日期，本公司之董事如下： 盈 利 警 告 本公告乃昌利(控股)有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯合 交易所有限公司創業板證券上市規則（「創業板上市規則」）第 17.10 條及證券及期貨條例 （香港法例第 571 章）第 XIVA 部之內幕消息條文（定義見創業板上市規則）而得出。 本公司董事會（「董事會」）謹此知會本公司股東及有意投資者，根據本集團之初步綜合管 理賬目之初步評估，以及現時手上之資料，本集團預期截至二零二五年九月三十日止六個 月錄得股東應佔盈利約 7,600,000 港元，而截至二零二四年九月三十日止六個月錄得約 24,800,000 港元盈利。本集團盈利減少主要源於預期信貸模式下應收貸款及貿易應收賬款 之減值分別虧損約 2,600,000 港元及 4,200,000 港元。 本公告所載之資料僅根據本集團之初步評估綜合管理賬目及現時手上之資料而得出。本集 ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概不負責，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公佈全部或任何部分內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 執行董事： 郭建聰先生 (行政總裁) 劉建漢先生 余蓮達女士 獨立非執行董事： 潘永存先生 劉迦南女士 林志成先生 董 事 會 會 議 通 告 本公佈乃遵照 GEM 上市規則之規定而提供有關本公司之資料，本公司各董事願就本公佈共同及個 別承擔全部責任，並於作出一切合理查詢後，確認就彼等所深知及深信，本公佈所載資料在各重大 方面均屬準確及完整，且無誤導成分或欺詐成分，本公佈亦無遺漏任何其他事實致使其所載任何聲 明或本公佈產生誤導。 昌利(控股)有限公司(「本公司」)之董事會(「董事會」)謹此公佈，本公司將於二零二五年 十一月二十一日星期五舉行董事會會議，以(其中包括) (i) 考慮及批准本公司及其附屬公司 截至二零二五年九月三十日止之六個月未經審核中期業績及其公佈; 及 (ii) 考慮派發中期 股息（如有）。 承董事會命 昌利(控股)有限公司 執行董事 郭建聰 香港，二零二五年十一月七日 於本公佈日期，本 ...

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: 昌利(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) | 08098 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 ...

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 | 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) | 08098 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 公司名稱: 昌利(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 本月底法定/註冊股本總額： HKD 50,000,000 FF301 第 1 頁 共 10 頁 v ...

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: 昌利(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) | 08098 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | FF301 III.已發行股份及/或庫存股份變動詳情 本月 ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概不負責，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公佈全部或任何部分內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 股東週年大會之投票表決結果 謹此提述 昌利（控股）有限公司（「本公司」）於二零二五年七月九日發出之通函（「通 函」），其中包含股東週年大會（「股東週年大會」）通告（「通告」）。除本公佈另有界定外， 本公佈採用之詞彙概與股東週年大會通告所界定具備相同涵義。 董事會欣然宣佈，所有載於股東週年大會通告中的各項提呈之決議案（「該等決議案」）， 已於二零二五年八月十一日獲股東於股東週年大會上以股數表決方式正式通過。 本公司之香港股份過戶登記分處卓佳證券登記有限公司獲委任於股東週年大會上擔任監 票人。 於股東週年大會日期，已發行股份總數為2,200,000,000股，即賦予持有人有權出席股東週 年大會並於會上投票贊成或反對決議案的股份總數。概無股份賦予持有人權利出席股東 週年大會但依GEM上市規則第17.47A條所載須放棄投票贊成決議案。概無股東須依GEM 上市規則於股東週年大會上就決議案放棄投票。並無人士表明彼擬 ...

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: 昌利(控股)有限公司 呈交日期: 2025年8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) | 08098 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 ...

Financial Performance - As of March 31, 2025, the total revenue and investment income of the group was approximately HKD 39.1 million, representing an increase of about 4.6% compared to the previous fiscal year[10] - The group recorded a loss attributable to owners of approximately HKD 2.7 million for the fiscal year 2024-2025, a reduction of about 78.3%[10] - Total revenue and investment income for the year amounted to approximately HKD 39,100,000, an increase of about 4.6% or HKD 1,700,000 compared to HKD 37,400,000 in the previous year[14] - Commission and brokerage fees from securities trading increased by approximately 8.1% to about HKD 4,847,295, up from HKD 4,485,249 in the previous year[14] - Interest income from margin clients rose by approximately 32.1% to about HKD 18,218,874, compared to HKD 13,791,831 in the previous year[15] - Interest income from loan clients decreased by approximately 32.9% to about HKD 10,808,059, down from HKD 16,117,891 in the previous year[16] - The company reported a net trading loss of HKD 208,672 for financial assets measured at fair value through profit or loss, a decrease of 77.8% from the previous year's loss of HKD 940,489[14] - Other income, gains, and losses for the year amounted to approximately HKD 600,000, a decrease from HKD 900,000 in the previous year, primarily due to reduced miscellaneous income from securities and futures brokerage[21] Investment Portfolio - The value of the group's investment portfolio as of March 31, 2025, was approximately HKD 8.7 million, down from approximately HKD 16.1 million in the previous fiscal year[10] - The value of the investment portfolio, including listed and unlisted securities, was approximately HKD 800,000, down from HKD 7,500,000 in the previous year[20] - The total loan portfolio decreased from HKD 78,811,682 to HKD 53,315,414, with a significant reduction in loans due within 12 months[17] Market Conditions - The Hong Kong stock market showed a strong recovery, with the Hang Seng Index rising approximately 40.3% from 16,541 points to 23,207 points over the year[9] - The total fundraising amount in the Hong Kong IPO market reached HKD 87.5 billion in 2024, a significant year-on-year increase of 89%[13] Business Strategy - The group aims to expand its core business and explore new business opportunities to provide better returns to shareholders[10] - The group continues to maintain a balanced investment portfolio through stable income investments, including investment properties and listed equity securities[10] - The group is committed to fulfilling its social responsibilities while expanding its customer base and enhancing its trading platform[10] - The management team expresses confidence in achieving business goals due to the diligent efforts of its senior management and professional team[11] Financial Health - Cash and bank balances increased by approximately 211.6% to HKD 11,300,000 as of March 31, 2025, compared to HKD 3,600,000 as of March 31, 2024[25] - The current ratio improved to approximately 3.7 times as of March 31, 2025, up from approximately 3.0 times in the previous year[25] - The debt-to-equity ratio was approximately 6.1% as of March 31, 2025, a decrease from 15.6% in the previous year[25] Corporate Governance - The company has complied with all corporate governance code provisions as per GEM Listing Rules, except for certain deviations noted in the report[44] - The board of directors currently includes three independent non-executive directors following recent appointments, meeting GEM Listing Rules requirements[46] - The audit committee must consist of at least three members, which the company has achieved after recent appointments[46] - The company has a code of conduct for directors' securities trading, with no reported violations during the fiscal year[48] - The board is responsible for formulating strategies, overseeing performance, and managing risks, supported by three committees: audit, remuneration, and nomination[47] Employee Management - Total employee costs for the year ending March 31, 2025, were approximately HKD 6,800,000, compared to HKD 6,500,000 for the year ending March 31, 2024[30] - The overall employee turnover rate for the year is 6.7%, compared to 7% in 2023, indicating a healthy and normal turnover rate across age groups, genders, and operational locations[110] - The company has established a four-year anti-corruption training program aimed at achieving 100% coverage for all employees[117] Environmental, Social, and Governance (ESG) - The group recorded Scope 2 and Scope 3 greenhouse gas emissions of 30,612 kg CO2 equivalent and 2,066 kg CO2 equivalent respectively, compared to 35,823 kg and 463.3 kg in the previous year[91] - Total energy consumption for the year was 43,732 kWh, down from 51,176 kWh in the previous year[96] - The group has implemented several waste reduction measures, resulting in negligible amounts of non-hazardous waste generated[92] - The board is responsible for formulating ESG strategies and ensuring effective risk management and internal controls[82] Shareholder Information - As of March 31, 2025, the distributable reserves of the group amount to approximately HKD 157,000,000, which includes a share premium of about HKD 130,900,000[143] - The board of directors does not recommend any dividend payment for the current year, consistent with the previous year[138] - Major shareholder Zillion Profit Limited holds 1,500,000,000 shares, accounting for 68.18% of the total shares[172] Risk Management - The company believes that potential foreign exchange risk is limited as its operations are primarily conducted in HKD[34] - The company faces foreign currency risk due to certain assets being denominated in foreign currencies, with no current hedging policy in place[39] - The board has instructed the ESG working group to assess climate-related risks and opportunities, with the potential financial impact of these risks deemed minimal[102][103]

Financial Performance - The total revenue and investment income for the year ended March 31, 2025, was approximately HKD 39,100,000, an increase of about 4.6% compared to HKD 37,400,000 for the year ended March 31, 2024[3]. - The pre-tax loss for the year ended March 31, 2025, was approximately HKD 500,000, significantly improved from a loss of HKD 11,100,000 in the previous year[3]. - The loss attributable to owners of the company for the year ended March 31, 2025, was approximately HKD 2,700,000, down from HKD 12,300,000 for the year ended March 31, 2024[3]. - Basic and diluted loss per share for the year ended March 31, 2025, was approximately HKD 0.12, compared to HKD 0.56 for the previous year[3]. - The total comprehensive loss attributable to owners for the year ended March 31, 2025, was approximately HKD 2,672,795, compared to HKD 13,686,429 in the previous year[5]. - The group reported a net loss before tax of HKD 525,563 for the year 2025, compared to a net loss of HKD 11,053,072 in 2024, indicating an improvement in financial performance[29]. - The company reported a loss attributable to shareholders of HKD 2,658,944 in 2025, compared to a loss of HKD 12,257,049 in 2024, indicating a significant improvement[44]. Assets and Liabilities - Total assets less current liabilities as of March 31, 2025, amounted to HKD 181,188,666, a slight decrease from HKD 182,712,587 in the previous year[7]. - Total assets for the year ending March 31, 2025, amounted to HKD 232,934,296, a decrease from HKD 249,342,480 in 2024, representing a decline of approximately 6.6%[33]. - Total liabilities for the year ending March 31, 2025, were HKD 53,928,254, compared to HKD 67,663,643 in 2024, indicating a reduction of about 20.3%[33]. - The total borrowings as of March 31, 2025, were HKD 10,968,832, a decrease from HKD 28,293,898 in 2024, with secured bank loans at HKD 6,468,832 and shareholder loans at HKD 4,500,000[60]. Revenue Sources - Commission income from securities trading on the Hong Kong Stock Exchange increased to HKD 4,847,295 in 2025 from HKD 4,485,249 in 2024, reflecting a growth of about 8.06%[24]. - Interest income from margin clients rose significantly to HKD 18,218,874 in 2025, up from HKD 13,791,831 in 2024, marking an increase of approximately 32.5%[24]. - The total segment revenue for the investment holding segment was HKD 52,500 in 2025, compared to HKD 94,620 in 2024, indicating a decline of approximately 44.5%[29]. - Interest income from loan clients decreased by approximately 32.9% from HKD 16,117,891 in 2024 to HKD 10,808,059 in 2025[69]. Credit Quality and Impairment - The expected credit loss on trade receivables for 2025 was HKD (10,870,446), a substantial increase from HKD (3,852,949) in 2024, highlighting a deterioration in credit quality[26]. - The expected credit loss provision for margin clients increased to HKD 21,109,758 in 2025 from HKD 15,984,639 in 2024, showing a rise of about 32.5%[49]. - The total impairment loss provision for receivables increased by HKD 19,186,630, with contributions from Stage 1, Stage 2, and Stage 3 receivables amounting to HKD 91,794, HKD 12,491,209, and HKD 6,603,627 respectively[54]. - The total impairment losses recognized for trade receivables and loans under the expected credit loss model were approximately HKD 10,900,000 and HKD 19,200,000 for the year ending March 31, 2025, compared to HKD 3,900,000 and HKD 30,100,000 for the year ending March 31, 2024[77]. Cash Flow and Liquidity - The company’s cash and cash equivalents in general accounts amounted to HKD 11,277,168 as of March 31, 2025, compared to HKD 3,618,638 in the previous year[6]. - Cash and bank balances increased by approximately 211.6% to HKD 11,300,000 as of March 31, 2025, compared to HKD 3,600,000 as of March 31, 2024[80]. - The current ratio improved to approximately 3.7 times as of March 31, 2025, compared to approximately 3.0 times as of March 31, 2024[80]. - The company maintains sufficient liquidity to meet both long-term and short-term financial obligations, supported by a monitoring system and backup bank credit lines[91]. Dividends and Shareholder Information - The company reported no proposed dividend for the year ended March 31, 2025, consistent with the previous year[3]. - No dividends are proposed for the fiscal year ending March 31, 2025, and the annual general meeting is scheduled for August 11, 2025[100]. Corporate Governance and Compliance - The audit committee, consisting of three independent non-executive directors, has reviewed the financial results for the year ending March 31, 2025, ensuring compliance with applicable accounting standards[101]. - The preliminary performance figures for the year ending March 31, 2025, have been verified by the auditor, Tianjian International CPA Limited[102]. - The company has not issued any certification regarding the preliminary announcement as it does not constitute an audit engagement under Hong Kong auditing standards[102]. Future Outlook and Strategy - The company aims to expand its client base by attracting customers affected by local brokerage closures and enhancing its trading platform[93]. - The company is committed to becoming a leading financial services group in Hong Kong and will continue to explore new revenue opportunities to enhance profitability[93]. - The group did not have any significant investments or acquisitions planned as of March 31, 2025, but will actively seek investment opportunities to enhance profitability[85].

Group 1 - The Hang Seng Index rose by 0.7% to close at 22,662.71 points on May 6 [1] - Changli Holdings (08098.HK) closed at HKD 0.047 per share, up 11.9%, with a trading volume of 20,000 shares and a turnover of HKD 940 [1] - Over the past month, Changli Holdings has seen a cumulative decline of 10.64%, underperforming the Hang Seng Index's increase of 12.19% [2] Group 2 - As of September 30, 2024, Changli Holdings reported total revenue of HKD 20.637 million, a year-on-year increase of 16.5%, and a net profit attributable to shareholders of HKD 22.352 million, up 332.36% [2] - The company's debt-to-asset ratio stands at 17.91% [2] - Currently, there are no institutional investment ratings for Changli Holdings [3] Group 3 - The average price-to-earnings (P/E) ratio for the other financial industry is 20.62 times, while Changli Holdings has a P/E ratio of 3.98 times, ranking 8th in the industry [3] - Other financial companies have the following P/E ratios: High Yu Financial (08221.HK) at 0.55 times, Oriental Huicai Securities (08001.HK) at 1.93 times, China Merchants China Fund (00133.HK) at 2.17 times, Hong Kong Credit (01273.HK) at 3 times, and Guoyin Financial Leasing (01606.HK) at 3.04 times [3] Group 4 - Changli Holdings is a well-established financial services group in Hong Kong, fully owning Changli Securities Limited, which provides securities and futures trading services, as well as placement and underwriting services [3] - The company has a strong client base, including many high-end institutional clients, which is a key factor in its rapid growth [3] - The group plans to optimize its existing trading platforms, expand its client network, launch new services, and form partnerships with more financial institutions to become a comprehensive financial services enterprise [3]