Financial Performance - Revenue for the year ended December 31, 2025, was HKD 82,341,000, representing a 21.6% increase from HKD 67,711,000 in 2024[4] - Gross profit increased by 50.2% to HKD 35,245,000 in 2025, compared to HKD 23,466,000 in 2024[4] - Profit before tax turned positive at HKD 9,941,000, a significant improvement of 174.4% from a loss of HKD 13,357,000 in the previous year[4] - Total comprehensive income for the year was HKD 11,946,000, a turnaround from a loss of HKD 4,551,000 in 2024, marking a 362.5% increase[4] - Basic earnings per share for 2025 was HKD 1.57, compared to a loss per share of HKD 2.14 in 2024[7] - The company reported a net profit of HKD 9,416,000 for 2025, a significant recovery from a net loss of HKD 12,826,000 in 2024[30] - Revenue increased by HKD 14.6 million or 21.6% to HKD 82.3 million, driven by significant improvements in Australia, North America, and Hong Kong markets, partially offset by a decline in China market revenue[48] - Gross profit margin improved from 34.7% to 42.8%, with gross profit rising from HKD 23.5 million to HKD 35.2 million due to higher profit margins from maintenance services and equipment leasing[49] Assets and Liabilities - Non-current assets increased significantly to HKD 40,620,000 in 2025 from HKD 20,471,000 in 2024[8] - The company's total assets decreased to HKD 131,530,000 in 2025 from HKD 147,947,000 in 2024, reflecting a reduction of 11.0%[8] - The net asset value increased to HKD 113,258,000 in 2025 from HKD 100,145,000 in 2024, representing a growth of 13.1%[9] - Trade receivables net amount decreased to HKD 57,982,000 in 2025 from HKD 60,743,000 in 2024, reflecting improved collection efforts[32] - Trade payables decreased from HKD 28,507,000 in 2024 to HKD 22,337,000 in 2025, with accrued expenses increasing from HKD 2,417,000 to HKD 4,117,000[35] - The aging analysis of trade payables shows a significant reduction in amounts overdue by more than 120 days, from HKD 16,828,000 in 2024 to HKD 10,703,000 in 2025[36] - The company’s current ratio decreased to 2.30 from 2.46, with current assets at HKD 131.5 million and current liabilities at HKD 57.1 million as of December 31, 2025[59] - Cash and cash equivalents decreased to approximately HKD 17.1 million from HKD 23.4 million year-on-year[60] - The net cash position as of December 31, 2025, indicates that cash and cash equivalents of HKD 17.1 million exceed total bank borrowings of HKD 9.8 million[61] Revenue Streams - Sales of goods accounted for HKD 75,526,000, up from HKD 64,294,000 in the previous year, indicating a growth of about 17.5%[19] - Maintenance and repair service revenue increased to HKD 5,100,000 from HKD 2,967,000, reflecting a significant rise of approximately 71.5%[19] - Revenue from major customers accounted for over 10% of total revenue, with Customer A contributing HKD 24,453,000 in 2025[28] - For the fiscal year ending December 31, 2025, total revenue from external customers reached HKD 82,341,000, a 21.5% increase from HKD 67,711,000 in 2024[22] Segment Information - The group operates two reportable segments: Tunnel, which supplies construction equipment cutting tools and components, and Foundation, which supplies prefabricated steel components and equipment[19] - The gross profit margin for the tunnel segment was 42.89% and for the foundation segment was 40.82%, resulting in an overall gross profit margin of 42.80%[20] Acquisitions and Investments - The company reported a significant increase in the bargain purchase gain from the acquisition of a subsidiary, amounting to HKD 4,716,000 in 2025[6] - The acquisition of Ming Yi Group Limited was completed for a cash consideration of approximately HKD 5,870,000, resulting in a bargain purchase gain of HKD 4,716,000[41] - The company reported a loss of HKD 221,000 from the acquired Ming Yi Group since the acquisition date, with potential revenue of HKD 82,341,000 if the acquisition had occurred on January 1, 2025[42] - The company acquired 100% of a Hong Kong company and its Chinese subsidiary for €650,000, which operates a production facility in Dongguan, China, effective December 10, 2025[65] Operational Highlights - The company plans to continue expanding its market presence, particularly in Australia, where revenue increased significantly to HKD 33,774,000 in 2025 from HKD 7,444,000 in 2024[22] - The company is focusing on capturing demand in the Chinese market by acquiring a manufacturing facility and securing exclusive rights for specific products[45] - The company has not engaged in any major acquisitions or disposals of subsidiaries, associates, or joint ventures during the fiscal year ending December 31, 2025[65] Compliance and Governance - The company maintained compliance with the Corporate Governance Code as per the GEM Listing Rules, despite not separating the roles of Chairman and CEO[69] - The external auditor confirmed that the financial statements for the year ending December 31, 2025, were consistent with the audited financial reports[78] - There were no significant contingent liabilities reported as of December 31, 2025[68] - The company did not hold any significant investments as of December 31, 2025[67] Environmental and Social Responsibility - The company has established a management policy for environmental protection to ensure sustainable development and compliance with relevant regulations in Hong Kong, China, Singapore, and Australia[73]

M&L HOLDINGS GROUP LIMITED 明樑控股集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號 ﹕8152) 正面盈利預告 本公告乃明樑控股集團有限公司(「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 GEM 證券上市規則（「GEM 上市規 則」）第 17.10 條及香港法例第 571 章證券及期貨條例第 XIVA 部之內幕 消息條文（定義見 GEM 上市規則）而作出。 本公司董事會（「董事會」）謹此知會本公司股東及潛在投資者， 根據董 事會當前所獲資料， 估計本集團截至 2025 年 12 月 31 日止年度（「本年度」） 將錄得約 8.0 百萬港元至 9.0 百萬港元之間的稅後溢利， 而對比 2024 年 12 月 31 日止年度（「上年度」）虧損為約 13.0 百萬港元。董事會認為，本年 度預期業績由上年度的虧損轉爲盈利，主要歸因於收入和毛利分別增加約 22%和 50%，以及本年度錄得約 4.3 百萬港元的匯兌收益、相對上年度的約 4.7 百萬港元匯兌虧損。 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之內容概不負責，對其準確性或 完整性亦 ...

承董事會命 明樑控股集團有限公司 公司秘書 李博彥 香港，2026 年 3 月 16 日 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﹔本公司董事 (「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，且並無遺漏任何事項，足以令致本公告或其所載任何陳述產生誤導。 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。 M&L HOLDINGS GROUP LIMITED 明樑控股集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號 ﹕8152) 董事會會議通告 明樑控股集團有限公司(「本公司」）的董事會（「董事會」）謹此宣告，董事會將 於 2026 年 3 月 26 日 (星期四) 舉行會議，以商討 (其中包括) 考慮批准本 公司及其附屬公司截至 2025 年 12 月 31 日止年度的期 ...

FF301 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2月28日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: 明樑控股集團有限公司 (於開曼群島註冊成立的有限公司) 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) | 08152 | 說明 | 明樑控股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000, ...

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 截至月份: 2026年1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: 明樑控股集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 FF301 | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） | | 未符合適用的公眾持股量要求（見下方） | | 根據《主板上市規則》第13.32B條或第19A.28B條 / 《GEM上市規則》第17.37B條或第25.21B條（視情況而定）所載的有關股份類別的最低公眾持股量要求為： | | 適用的公眾持股量門檻 初始指定門檻 - 上市股份所屬類別的已發行股份總數(不包括庫存股份)的25% | | 額外信息 | 第 2 頁 共 10 頁 v 1.2.0 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | ...

截至月份: 2025年12月31日 狀態: 新提交 FF301 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: 明樑控股集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年1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) | 08152 | 說明 | 明樑控股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | 0.01 | HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000,000 | ...

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。 M&L HOLDINGS GROUP LIMITED 明樑控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8152） 補充公告 須予披露交易 收購目標公司100%股份 茲提述明樑控股集團有限公司（「本公司」）日期為2025年12月10日的公告（「該公 告」），內容有關收購事項。除文義另有所指外，本公告所用詞彙與該公告所界定者 具有相同涵義。 誠如該公告所披露，代價經賣方與買方按正常商業條款進行公平磋商後釐定，當中 參考（其中包括）目標集團於2025年10月31日的評估價值8,100,000港元（根據由本集 團委聘的獨立專業估值師所編製的估值報告（「估值報告」），採用資產法進行估 值）。 本公司謹此提供有關目標集團100%股權公允價值估值的進一步資料。 估值師的身份、資格及獨立性 本公司委聘獨立專業估值師亞太資產評估及顧問有限公司（「估值師」）對待售股份進 行估值。估值師擁有逾10年為私人及 ...

Group 1 - The core point of the article is that Mingliang Holdings (08152.HK) has announced a conditional agreement to acquire 100% of Mingyi Group Limited's shares for a total consideration of €650,000, equivalent to approximately HKD 5.87 million [1] Group 2 - The buyer, Yifeng Construction Co., Ltd., is a wholly-owned subsidiary of the company [1] - The sellers include Palmieri S.P.A., Patrizia Pierallini, and Liu Yuxin [1] - The transaction involves the purchase of 11.32 million ordinary shares of the target company [1]

Group 1 - The company announced the conditional agreement to acquire 100% of the shares of Ming Yi Group Limited for a total consideration of €650,000 (approximately HKD 5.87 million) [1] - The acquisition is part of the company's strategic growth objectives, aimed at exploring local and overseas business opportunities [2] - The board believes that the acquisition will enhance the company's business by diversifying its existing portfolio and expanding revenue sources [2] Group 2 - The acquisition is expected to provide significant strategic and operational benefits, improving supply chain stability and revenue diversification [2] - The vertical integration with the target group as an upstream supplier is anticipated to create synergies for the company's operations [2] - The company will gain full control over the production process, which is expected to lower production costs and enhance competitive advantages [2] Group 3 - The exclusive distribution rights for certain products, including disc knives, will significantly expand the company's market coverage [2] - The acquisition presents a good opportunity as the consideration is at a discount to the target group's assessed value and audited net asset value [2]

Group 1 - The company Mingliang Holdings (08152) announced a conditional agreement to acquire 100% of Mingyi Group Limited, involving the purchase of 11.32 million ordinary shares for a total consideration of €650,000 (approximately HKD 5.87 million) [1] Group 2 - As part of a strategic growth objective, the management is actively exploring local and overseas business opportunities, believing that the acquisition will enrich the company's business and diversify its revenue sources [2] - The acquisition is expected to provide significant strategic and operational benefits, enhancing supply chain stability and revenue diversification [2] - The board believes that vertical integration with the target group, as an upstream supplier, will create synergies for the company's business [2] - The company will gain complete control over the production process, which is anticipated to lower production costs and enhance competitive advantages [2] - The exclusive distribution rights for certain products, including disc knives, will significantly expand the company's market coverage, aiding in the exploration of new growth opportunities in mainland China and Singapore [2] - The board views the acquisition as a favorable opportunity due to the consideration being at a discount to the target group's assessed value and audited net asset value [2]