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: 基石金融控股有限公司 呈交日期: 2025年12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) | 08112 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | 本月底法 ...

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: 基石金融控股有限公司 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) | 08112 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.01 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.01 HKD | | 500,000,000 | 本月底法定/註冊股本總額： HKD 500, ...

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: 基石金融控股有限公司 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) | 08112 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | 本月底法定 ...

Group 1 - The core point of the announcement is that Focus Media Network Limited has agreed to sell its entire issued share capital of Focus Media Singapore Pte. Limited to Excellent Investment Services Limited for a cash consideration of HKD 3 million [1] - Focus Media Singapore Pte. Limited is a wholly-owned subsidiary of the seller and primarily provides outdoor advertising services in Singapore [1] Group 2 - The advertising industry is undergoing a structural transformation, shifting from traditional media spending to online and social media platforms [2] - The sale agreement is expected to provide the group with opportunities to achieve a premium above the book value of the target company [2] - The transaction will allow the group to streamline operations and allocate management and financial resources to markets with stronger local expertise [2] - The sale is anticipated to generate immediate cash inflow to enhance the group's overall working capital and meet future business development funding needs [2] - The transaction aligns with the group's business strategy, enabling resilience in business development while retaining financial resources for growth opportunities [2]

Group 1 - The core transaction involves the sale of all issued shares of Focus Media Singapore Pte. Limited for a total cash consideration of HKD 3 million [1] - The target company is a wholly-owned subsidiary of the seller, providing outdoor advertising services in Singapore [1] - The agreement is expected to provide opportunities for the group to realize a premium above the book value of the target company [2] Group 2 - The transaction will allow the group to streamline operations and allocate management and financial resources to markets with stronger local expertise [2] - It is anticipated to generate immediate cash inflow to enhance the group's overall working capital and meet future business development funding needs [2] - The sale aligns with the group's business strategy, enabling resilience in business development while retaining financial resources for growth opportunities [2]

Group 1 - The company, Focus Media Network Limited, has entered into a conditional sale agreement to sell its entire issued share capital in Focus Media Singapore Pte. Limited for a cash consideration of HKD 3 million [1] - Upon completion of the sale, the company will no longer hold any interest in the target company, which will cease to be a subsidiary of the group, resulting in the target company's financial performance, assets, and liabilities no longer being consolidated into the group's financial statements [1] - The target company is a limited liability company registered in Singapore, primarily providing outdoor advertising services [1] Group 2 - The advertising industry is undergoing structural changes, with a significant shift in marketing expenditures from traditional media to online and social media platforms [2] - The company believes that the sale agreement will provide opportunities to achieve a premium above the book value of the target company, streamline operations, and allocate management and financial resources to markets with stronger local expertise [2] - The sale is expected to generate immediate cash inflow to enhance the group's overall working capital and meet future business development funding needs, aligning with the group's business strategy to maintain resilience and retain financial resources for growth opportunities [2]

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佈的內容概不負責，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佈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。 （於開曼群島註冊成立的有限公司 ） （股份代 號：8112） 須予披露交易 出售附屬公司 出售事項 於2025年9月17日（交易時段後），賣方（本公司直接全資附屬公司）與買方訂立買賣協議，據 此，賣方已有條件同意出售而買方已有條件同意購買銷售股份（即賣方作為目標公司之登記 持有人及實益擁有人所持的目標公司之全部已發行股本），現金總代價為3,000,000港元。 於完成後，賣方將不再持有目標公司之任何權益，且目標公司將終止列賬為本集團之附屬 公司。因此，目標公司之財務業績、資產及負債將不再綜合計入本公司的綜合財務報表。 GEM上市規則涵義 由於有關出售事項的一項或多項適用百分比率（定義見GEM上市規則第19.07條）超過5%但 低於25%，故買賣協議項下擬進行之出售事項構成本公司的須予披露交易，並須遵守GEM上 市規則第19章項下的通知及公佈規定。 緒言 於2025年9月17日（交易時段後），賣方（本公司直 ...

公司名稱: 基石金融控股有限公司 呈交日期: 2025年9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: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 08112 | 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 | | | | 229,418,448 | | 0 | | 229,418,448 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 229,418,448 | | 0 | | 229,418,448 | 第 2 頁 共 10 頁 v 1.1.1 FF301 I. 法定/ ...

[Management Discussion and Analysis](index=4&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) [Business Review and Future Outlook](index=4&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7%E5%8F%8A%E6%9C%AA%E4%BE%86%E5%B1%95%E6%9C%9B) The Group primarily engaged in financial services and advertising media businesses during the six months ended June 30, 2025, achieving a **3%** revenue increase to **HKD26.8 million** and a narrowed net loss of **HKD21.0 million** despite Hong Kong market challenges - During the reporting period, the Group's total revenue was approximately **HKD26.8 million**, a **3%** year-on-year increase; net loss was approximately **HKD21.0 million**, narrowing year-on-year[3]](index=3&type=chunk) Key Financial Data for the Six Months Ended June 30, 2025 | Metric | Six months ended June 30, 2025 (HKD) | Six months ended June 30, 2024 (HKD) | | :--- | :--- | :--- | | Revenue | 26,800,000 | 26,000,000 | | Net loss | (21,000,000) | (25,400,000) | - Despite stable global economic growth, the Hong Kong capital market faced volatility and cautious investor sentiment due to trade protectionism, geopolitical tensions, and a weak retail property sector[4]](index=4&type=chunk) - The Group will explore potential business opportunities, maintain existing operations, and seek new investment opportunities in areas with growth potential to achieve business diversification and sustainable development[4]](index=4&type=chunk) [Financial Services Business](index=4&type=section&id=%E9%87%91%E8%9E%8D%E6%9C%8D%E5%8B%99%E6%A5%AD%E5%8B%99) The financial services business, primarily securities trading and asset management operated by Cornerstone Securities, saw revenue decrease by **6%** to **HKD4.0 million**, with margin financing interest comprising **91%** of its revenue amid cautious investor sentiment - Financial services business revenue was approximately **HKD4.0 million**, a decrease of approximately **6%** compared to the same period last year[3]](index=3&type=chunk)[4]](index=4&type=chunk) - Margin financing business is a significant component of the financial services segment, with interest income accounting for approximately **91%** of Cornerstone Securities' revenue (2024: **94%**)[5]](index=5&type=chunk) Overview of Margin Loan Business | Metric | June 30, 2025 (HKD) | December 31, 2024 (HKD) | Change | | :--- | :--- | :--- | :--- | | Number of margin clients | 11 | 11 | No change | | Total margin loans granted | 82,600,000 | 89,000,000 | decreased by approximately 7.2% | | Proportion of top five borrowing clients | 79% | 80% | slightly decreased | | Annual interest rate on margin loans | 8.5% | 8.5% to 9.125% | tended to stabilize | - The Hong Kong stock market performed strongly in the first half of the year, but external pressures and structural challenges led to market volatility and uncertainty, weakening client investment sentiment[8]](index=8&type=chunk) [Advertising and Media Business](index=6&type=section&id=%E5%BB%A3%E5%91%8A%E5%8F%8A%E5%AA%92%E9%AB%94%E6%A5%AD%E5%8B%99) Advertising and media business revenue increased by **5%** to **HKD22.8 million**, driven by an expanded digital out-of-home network in Hong Kong and Singapore, with programmatic DOOH expected to be a key growth area as performance recovers from pandemic lows - Advertising and media business revenue was approximately **HKD22.8 million**, an increase of approximately **5%** compared to the same period last year[3]](index=3&type=chunk) Number of Selected Locations in Digital Out-of-Home Media Network | Region | Network | Six months ended June 30, 2025 | Six months ended June 30, 2024 | | :--- | :--- | :--- | :--- | | Hong Kong | Office, commercial and residential building networks | 1,132 | 1,111 | | Singapore | Office and commercial building networks | 535 | 515 | | **Total selected locations** | | **1,667** | **1,626** | - The Group collaborated with Hivestack to enhance the programmatic Digital Out-of-Home (pDOOH) advertising experience in Singapore, with pDOOH expected to be a major growth driver in the coming years[10]](index=10&type=chunk) - The performance of the advertising and media business is gradually recovering from its lowest levels during the pandemic[11]](index=11&type=chunk) [Financial Review](index=7&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) For the six months ended June 30, 2025, the Group's total revenue grew **3%** to **HKD26.8 million**, with gross profit decreasing **6%** to **HKD15.1 million** due to higher service costs, while administrative expenses decreased **10%** and net loss narrowed to **HKD21.0 million** with a **HKD9.29** loss per share Financial Performance for the Six Months Ended June 30, 2025 | Metric | Six months ended June 30, 2025 (HKD) | Six months ended June 30, 2024 (HKD) | Percentage change | | :--- | :--- | :--- | :--- | | Revenue | 26,799,546 | 25,964,172 | 3% | | Gross profit | 15,083,173 | 16,041,075 | -6% | | Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | (14,888,748) | (19,043,903) | Not applicable (loss narrowed) | | Net loss | (21,004,747) | (25,397,930) | Not applicable (loss narrowed) | - Gross profit decreased by approximately **6%** year-on-year to **HKD15.1 million**, with gross margin declining from **62%** to **56%**, primarily due to an approximately **18%** increase in cost of services[14]](index=14&type=chunk) - Administrative expenses decreased by approximately **10%** year-on-year to **HKD36.3 million**, mainly due to reductions in professional service fees and marketing expenses[14]](index=14&type=chunk) - Loss per share narrowed from **HKD10.97 cents** in the same period last year to **HKD9.29 cents**[16]](index=16&type=chunk) [Liquidity and Financial Resources](index=8&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E8%88%87%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) As of June 30, 2025, the Group's net current assets decreased to approximately **HKD95.0 million**, with cash and cash equivalents also declining to **HKD48.0 million**, primarily funding operations through internal resources Liquidity Overview | Metric | June 30, 2025 (HKD) | December 31, 2024 (HKD) | Change | | :--- | :--- | :--- | :--- | | Net current assets | 95,000,000 | 125,000,000 | decreased 30,000,000 | | Cash and cash equivalents | 48,000,000 | 52,000,000 | decreased 4,000,000 | - The Group funds its daily operations with internally generated resources[17]](index=17&type=chunk) [Gearing Ratio](index=8&type=section&id=%E8%B2%A0%E5%82%B5%E6%AF%94%E7%8E%87) As of June 30, 2025, the Group's gearing ratio significantly increased to approximately **22.44%** from **11.34%** at December 31, 2024 Gearing Ratio | Metric | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | Gearing Ratio | 22.44% | 11.34% | increased 11.1 percentage points | [Foreign Exchange](index=9&type=section&id=%E5%A4%96%E5%8C%AF) The Group faces foreign currency risk from its Singapore operations, with transactions, assets, and liabilities primarily denominated in Singapore Dollars, and no hedging activities were undertaken during the period - The Group's operations in Singapore face foreign currency risk as most transactions, assets, and liabilities are denominated in Singapore Dollars[20]](index=20&type=chunk) - During the reporting period, the Group did not engage in any derivative activities or introduce financial instruments to hedge foreign currency risk[20]](index=20&type=chunk) [Capital Structure](index=9&type=section&id=%E8%B3%87%E6%9C%AC%

Core Points - The company, Cornerstone Financial (08112.HK), reported a revenue of approximately HKD 26.8 million for the six months ending June 30, 2025, representing an increase of about 3% compared to the same period last year [1] - Gross profit was approximately HKD 15.1 million, which is a decrease of about 6% from the same period last year [1] - The loss attributable to the company's owners was approximately HKD 21.3 million, an improvement from a loss of approximately HKD 25.2 million in the same period last year [1] - The loss per share was approximately HKD 0.0929, compared to a loss per share of HKD 0.1097 in the same period last year [1]