SHENG TANG HOLDINGS LIMITED 聖唐控股有限公司 (Incorporated in Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：8305) NOTIFICATION LETTER 通知信函 15 August 2025 Dear Non-registered Holder(s) (Note 1), If you for any reason have difficulty in receiving email notification or gaining access to the Website Version of the Corporate Communications and would like to receive the Current Corporate Communication and all future Corporate Communications (Note 2) in printed form, please complete, sign the en ...

SHENG TANG HOLDINGS LIMITED 聖唐控股有限公司 (Incorporated in Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：8305) NOTIFICATION LETTER 通知信函 SHENG TANG HOLDINGS LIMITED (the "Company") — Notice of publication of the Interim Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.tongkee.com.hk and the website of The Stock Exchange of Hong Kong Limited (the "Stock ...

2025 SHENG TANG HOLDINGS LIMITED 聖唐控股有限公司 （股份代號：8305） （於開曼群島註冊成立之有限公司） SHENG TANG HOLDINGS LIMITED 聖唐控股有限公司 INTERIM REPORT 2025 中期報告 目錄 | 公司資料 | 3 | | --- | --- | | 管理層討論及分析 | 5 | | 未經審核簡明綜合損益及其他全面收益表 | 18 | | 未經審核簡明綜合財務狀況表 | 19 | | 未經審核簡明綜合權益變動表 | 21 | | 未經審核簡明綜合現金流量表 | 22 | | 未經審核簡明綜合財務報表附註 | 23 | 聖唐控股有限公司 2025中期報告 公司資料 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有更高投資風險的公司提 供一個上市的市場。有意投資的人士應了解投資於該等公司的潛在風險，並應 經過審慎周詳的考慮後方作出投資決定。GEM的較高風險及其他特色，表示 GEM較適合專業及其他經驗豐富的投資者。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聯交所主 ...

Group 1 - The company, Saintang Holdings (08305), reported interim results for the six months ending June 30, 2025, with revenue of HKD 71.512 million, representing a year-on-year decrease of 17.03% [1] - The net profit for the period was HKD 0.189 million, showing a significant year-on-year decline of 80.91% [1] - The basic earnings per share were reported at HKD 0.0001 [1]

Group 1 - The company, Saintang Holdings (08305), reported interim results for the six months ending June 30, 2025, with revenue of HKD 71.512 million, representing a year-on-year decrease of 17.03% [1] - The company's profit for the period was HKD 0.189 million, reflecting a significant year-on-year decline of 80.91% [1] - Basic earnings per share were reported at HKD 0.0001 [1]

Project Management - The company managed 52 active projects during the six months ended June 30, 2025, down from 69 projects in the previous period[12] - The company secured 30 new projects with a total contract value of approximately HKD 39.1 million during the relevant period[12] - Demand for RMAA and new construction services remains strong, driven by favorable market conditions[12] Financial Performance - Revenue decreased from approximately HKD 86.1 million for the six months ended June 30, 2024, to approximately HKD 71.5 million for the six months ended June 30, 2025, a decline of about 16.9%[15] - Gross profit fell from approximately HKD 11 million to approximately HKD 6.5 million, with the overall gross margin decreasing from about 12.8% to 9.1%[17] - Net profit for the six months ended June 30, 2025, was approximately HKD 0.2 million, down from approximately HKD 1.0 million for the same period in 2024[22] - The profit before tax for the period was HKD 245,000, a decline of 75.2% compared to HKD 990,000 in the prior year[53] - The total comprehensive income for the period was HKD 189,000, down from HKD 990,000 in the same period last year[53] - Basic and diluted earnings per share for the six months ended June 30, 2025, were HKD 0.01, compared to HKD 0.09 in 2024[53] Cost Management - Direct costs reduced from approximately HKD 75.1 million to approximately HKD 65.0 million, a decrease of about 13.4%, attributed to lower subcontracting and material costs[16] - Administrative expenses decreased by approximately HKD 3.7 million or 37.4%, from approximately HKD 9.9 million to approximately HKD 6.2 million, due to cost control measures[19] - Financing costs dropped by approximately 75.6% from about HKD 0.1 million to approximately HKD 28,000, as bank borrowings were reduced[20] - Employee costs, including directors' remuneration, totaled HKD 12,098,000 for the six months ended June 30, 2025, down from HKD 17,800,000 in the previous year[87] Assets and Liabilities - Total assets decreased to HKD 122,762,000 from HKD 130,239,000 as of December 31, 2024, representing a decline of approximately 5.7%[54] - Current liabilities decreased to HKD 79,697,000 from HKD 87,589,000, a reduction of about 9.0%[54] - Total liabilities decreased to HKD 73,172,000 from HKD 81,841,000, a reduction of approximately 10.6%[57] - The company’s bank borrowings decreased to HKD 4,142,000 from HKD 4,922,000, a decline of about 15.8%[54] Cash Flow - The net cash used in operating activities for the six months ended June 30, 2025, was HKD (18,712,000), compared to HKD 2,034,000 for the same period in 2024, indicating a significant decline in cash flow[61] - Cash and cash equivalents at the end of the period were HKD 2,813,000, down from HKD 6,042,000, marking a decrease of about 53.5%[61] Market Expansion - The company has entered the Chinese dairy product distribution market, aiming to capitalize on the growing demand for quality dairy products in China[14] - Revenue from the distribution of dairy products was HKD 5,631,000, with no revenue reported in the same period last year[73] Shareholder Information - The company did not recommend an interim dividend for the six months ended June 30, 2025[47] - The total number of issued and fully paid shares increased to 1,260,000,000 as of June 30, 2025, from 1,050,000,000 as of January 1, 2024[117] Segment Performance - The company operates two reportable segments: construction services and dairy product distribution, with a focus on resource allocation and performance evaluation[76] - The total segment profit for the six months ended June 30, 2025, was HKD 1,524,000, compared to HKD 2,018,000 for the same period in 2024, reflecting a decrease of 24.5%[78] Trade Receivables and Payables - Trade receivables decreased from HKD 17,068,000 as of December 31, 2024, to HKD 14,106,000 as of June 30, 2025, a decline of about 17%[101] - Trade payables decreased significantly to HKD 21,783,000 as of June 30, 2025, from HKD 47,321,000 as of December 31, 2024, representing a decline of approximately 54%[109] Taxation - Income tax expense for the six months ended June 30, 2025, was approximately HKD 56,000, compared to zero in the previous period, primarily due to new business segment contributions[21] - The company’s tax expense for the period included HKD 56,000 for corporate income tax in China[90]

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7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: | 聖唐控股有限公司 | | | | 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) | 08305 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10 ...

Financial Performance - Total revenue increased by approximately HKD 6.6 million or 4.6% to about HKD 150 million for the year ended December 31, 2024, compared to approximately HKD 143.4 million for the previous year[9]. - Revenue increased from approximately HKD 143.4 million for the year ended December 31, 2023, to approximately HKD 150 million for the year ended December 31, 2024, representing a growth of about 4.6%[15]. - The group reported a loss attributable to owners of approximately HKD 3.1 million for the year ended December 31, 2024, down from approximately HKD 30.3 million for the previous year[23]. - The company reported a loss before tax of HKD 3,093,000, improving from a loss of HKD 30,756,000 in the previous year[180]. - The group reported a loss of HKD 3,140,000 for the year ending December 31, 2024, compared to a loss of HKD 30,321,000 in 2023[194]. - Basic and diluted loss per share improved to HKD 0.30 from HKD 2.89 in 2023[180]. - The company reported a total loss and comprehensive expenses of HKD (30,321,000) for the year ended December 31, 2023, which decreased to HKD (3,140,000) in 2024[184]. Revenue and Projects - The group undertook 238 projects generating revenue in the year ended December 31, 2024, up from 182 projects in the previous year[13]. - The group secured 98 new projects with a total contract value of approximately HKD 96.8 million during the reporting period[13]. - The group reported revenue from construction contracts of approximately HKD 150,023,000 for the year ended December 31, 2024[164]. - Revenue for the year ended December 31, 2024, was HKD 150,023,000, an increase of 4.3% from HKD 143,405,000 in 2023[180]. Cost and Expenses - Cost of sales rose from approximately HKD 135.5 million to approximately HKD 140.2 million, an increase of about 3.5%, primarily due to increased subcontracting costs driven by higher revenue[16]. - Gross profit increased from approximately HKD 7.9 million to approximately HKD 9.8 million, with the overall gross margin improving from about 5.5% to approximately 6.5%[17]. - Administrative expenses decreased by approximately HKD 19.3 million or 58.3%, from about HKD 33.1 million to approximately HKD 13.8 million, mainly due to effective cost control measures implemented in 2024[18]. - Other income rose from HKD 0.9 million to HKD 1.3 million, primarily from the sale of vehicles during the year[19]. Financial Position - Total assets as of December 31, 2024, were HKD 130,239,000, compared to HKD 125,375,000 in 2023, reflecting a growth of 3.0%[181]. - Current liabilities decreased to HKD 87,589,000 from HKD 90,983,000, a reduction of 3.9%[181]. - Net current assets increased to HKD 42,650,000 from HKD 34,392,000, an increase of 24.0%[181]. - The company's total equity increased to HKD 49,398,000 in 2024 from HKD 41,471,000 in 2023, representing a growth of approximately 19.4%[183]. - The company's share capital rose from HKD 10,500,000 in 2023 to HKD 12,600,000 in 2024, an increase of 20%[184]. Governance and Compliance - The company has adhered to all applicable corporate governance codes as of December 31, 2024, ensuring transparency and accountability[39]. - The board consists of six members, including one executive director and three independent non-executive directors, promoting effective governance and strategic implementation[41]. - The company held four board meetings during the year ending December 31, 2024, with full attendance from the chairman and independent directors[52]. - The company has adopted a board diversity policy, considering various measurable categories such as gender, age, and professional experience in board member selection[48]. - The audit committee is composed of three independent non-executive directors, ensuring compliance with GEM listing rules and corporate governance codes[61]. Risk Management - The company has established a risk management and internal control system, which is regularly reviewed by the audit committee to ensure its effectiveness[63]. - The risk management framework aims to identify and manage risks at an acceptable level while achieving strategic objectives[78]. - The company has implemented a three-tier risk management approach to identify, analyze, assess, mitigate, and respond to risks[78]. - The management's ability to implement plans and measures to improve financial conditions is subject to significant uncertainty[196]. Market Conditions - The construction industry in Hong Kong remains relatively stable, but economic uncertainties and rising labor and material costs pose challenges[10]. - The demand for RMAA and cathodic protection services remains stable, indicating a consistent market need[13]. - The company recognizes the importance of the upcoming property maintenance and construction projects in driving the growth of the RMAA and renovation industry in Hong Kong[14]. Shareholder Communication - The company has established multiple communication channels with shareholders and investors, including annual general meetings, annual reports, interim reports, and a dedicated website[90]. - The company has a dedicated office for handling shareholder inquiries regarding shareholdings, transfers, and dividends[86]. - The company emphasizes the importance of shareholders providing detailed contact information for timely responses to inquiries[87]. Environmental Commitment - The company aims to prioritize innovative construction solutions and enhance its commitment to innovation and environmental responsibility[10]. - The company has committed to environmental sustainability by implementing measures to minimize operational impacts on the environment[118].

Group 1 - Advanced Pacific Enterprises Limited will sell 100 million shares of the company to Mr. Li Mengda for HKD 17 million, representing approximately 7.94% of the total issued share capital as of the announcement date [1] - Advanced Pacific will also sell 100 million shares to Ms. Zhang Peipei for HKD 17 million, also representing approximately 7.94% of the total issued share capital as of the announcement date [1] - After the completion of both transactions, Advanced Pacific will hold approximately 2.82% of the company's total issued share capital and will no longer be a major shareholder [2] Group 2 - Mr. Li will hold approximately 10.79% of the company's total issued share capital, becoming the major shareholder [2] - Ms. Zhang will hold approximately 9.37% of the company's total issued share capital [2] - The board anticipates that these transactions will not adversely affect the group's business operations [2]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 150,023,000, an increase of 4.0% compared to HKD 143,405,000 in the previous year[5]. - The gross profit for the same period was HKD 9,780,000, representing a gross margin of approximately 6.5%, up from HKD 7,860,000 in the prior year[5]. - The company recorded a net loss of HKD 3,140,000 for the year, significantly improved from a loss of HKD 30,321,000 in the previous year[5]. - The group reported a loss of HKD 3,140,000 for the year ending December 31, 2024, compared to a loss of HKD 30,321,000 in 2023[12]. - Loss before tax decreased from HKD 30,321,000 in 2023 to HKD 3,140,000 in 2024, indicating an improvement in financial performance[42]. - Basic loss per share improved from HKD (2.89) in 2023 to HKD (0.30) in 2024, reflecting a reduction in overall losses[42]. - The company reported a net loss of approximately HKD 3.1 million for the year ending December 31, 2024, down from a loss of about HKD 30.3 million for the previous year, driven by increased revenue and reduced administrative expenses[78]. Revenue Breakdown - The group's total revenue for the year 2024 was HKD 150,023,000, an increase of 4.1% compared to HKD 143,405,000 in 2023[31]. - Revenue from RMAA engineering projects was HKD 137,582,000, showing a growth of 2.0% from HKD 134,507,000 in the previous year[31]. - Revenue from new construction projects decreased significantly to HKD 1,125,000 from HKD 2,789,000, a decline of 59.7%[31]. - Revenue from anti-corrosion protection projects increased to HKD 11,316,000, up 85.5% from HKD 6,109,000 in the previous year[31]. - The expected revenue from performance obligations not yet fulfilled as of the reporting date is HKD 125,763,000, down from HKD 171,445,000 in the previous year, representing a decrease of 26.7%[32]. - Revenue recognized from performance obligations completed in the year amounted to HKD 515,000,000, significantly up from HKD 166,000,000 in 2023[48]. Assets and Liabilities - Total assets increased to HKD 130,239,000, compared to HKD 125,375,000 in the previous year, reflecting a growth of 3.0%[6]. - The company's current assets net value rose to HKD 42,650,000, up from HKD 34,392,000, indicating a 24.5% increase[7]. - The group has current liabilities totaling HKD 50,807,000, which includes trade payables and other payables, compared to HKD 51,351,000 in 2023[12]. - Trade payables increased from HKD 41,228,000 in 2023 to HKD 47,321,000 in 2024, representing a growth of 14.8%[51]. - The total amount of trade and other payables was HKD 64,221,000 in 2024, compared to HKD 59,320,000 in 2023, an increase of 8.5%[51]. Financial Position and Equity - The total equity of the company reached HKD 49,398,000, an increase of 19.0% from HKD 41,471,000 in the previous year[7]. - The capital debt ratio improved from about 19.1% to approximately 9.9% due to debt repayment, indicating a stronger financial position[79]. - The company’s bank and other borrowings decreased from HKD 7,922,000 in 2023 to HKD 4,922,000 in 2024, a reduction of 37.9%[54]. - The company has no contingent liabilities as of December 31, 2024[86]. Cost Management - The company’s administrative expenses decreased significantly to HKD 13,869,000 from HKD 33,138,000, a reduction of approximately 58.2%[5]. - Sales costs rose from approximately HKD 135.5 million to approximately HKD 140.2 million, an increase of about 3.5% due to higher subcontracting costs associated with increased revenue[70]. - Financing costs decreased significantly from HKD 2,121,000 in 2023 to HKD 366,000 in 2024, primarily due to reduced interest expenses on bank and other borrowings[37]. Shareholder Information - The company issued 210,000,000 shares at a placement price of HKD 0.055 per share, raising approximately HKD 11,067,000 after expenses[56]. - The company did not declare any dividends for the year ending December 31, 2024, consistent with the previous year[43]. - The board does not recommend any final dividend for the year ending December 31, 2024[98]. Future Outlook and Strategy - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[5]. - The company is exploring new business opportunities in China to diversify its business portfolio and create new growth opportunities outside of Hong Kong[68]. - The group is implementing operational plans to improve profitability and generate sufficient operating cash flow[13]. Compliance and Governance - The audit committee has been established and consists of three independent non-executive directors, ensuring compliance with GEM listing rules[100]. - The audit committee reviewed the annual performance for the year ending December 31, 2024, prior to submission to the board[101]. - The group's auditor confirmed that the financial figures for the year ending December 31, 2024, are consistent with the consolidated financial statements[101].