董事会认为截至2025年9月30日止六个月的综合亏损净额主要由于(i)就向一间合营企业贷款而于预期信 用损失模型下确认的拨备约1400万港元，(ii)就贸易应收款项及合约资产而于预期信用损失模型下确认 的拨备约200万港元，(iii)混合项目以及改建及加建工程以及装修工程的收益减少，导致毛利减少。 智通财经APP讯，CHI HO DEV(08423)发布公告，预期集团于截至2025年9月30日止六个月将取得综合 亏损净额介于2000万港元至2100万港元，而截至2024年9月30日止六个月则为综合纯利约900万港元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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，並明確表示概不會就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。 CHI HO DEVELOPMENT HOLDINGS LIMITED 本公司董事會（「董事會」）謹此知會本公司股東及潛在投資者，根據董事會對 本集團截至二零二五年九月三十日止六個月的未經審核綜合管理賬目的初步 審閱及董事會目前可得資料，預期本集團於截至二零二五年九月三十日止六 個月將錄得綜合虧損淨額介乎20百萬港元至21百萬港元，而截至二零二四年九 月三十日止六個月則為綜合純利約9.0百萬港元。 根據目前可得資料，董事會認為截至二零二五年九月三十日止六個月的綜合 虧損淨額主要由於(i)就向一間合營企業貸款而於預期信用損失模型下確認的撥 備約14百萬港元，(ii)就貿易應收款項及合約資產而於預期信用損失模型下確 認的撥備約2百萬港元，及(iii)混合項目以及改建及加建工程以及裝修工程的收 益減少，導致毛利減少。 本公司現正落實本集團截至二零二五年九月三十日止六個月的中期業績。本 公告所載資料 ...

（股 份 代 號：8423） 董事會會議通告 潪㵆發展控股有限公司（「本公司」及其附屬公司，統稱「本集團」）董事（「董事」） 會（「董事會」）謹此宣佈，董事會會議將於二零二五年十一月二十七日（星期四） 舉行，藉以（其中包括）(1)審議及批准本集團截至二零二五年九月三十日止六 個月的未經審核中期業績（「中期業績」）及分別將於聯交所的網站及本公司網 站刊登之中期業績公告；(2)審議中期股息建議（如有）；(3)審議暫停辦理本公 司股份過戶登記手續（如需要）；及(4)辦理任何其他業務。 香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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，並明確表示概不會就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。 CHI HO DEVELOPMENT HOLDINGS LIMITED 潪 㵆 發 展 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） 潪㵆發展控股有限公司 董事會主席兼執行董事 梁家浩 香港，二零二五年十一月十四日 於本公告日期，執行董事為梁家浩先生及何智崐先生；以及獨立非執 ...

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: 潪㵆發展控股有限公司 呈交日期: 2025年11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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊 ...

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 | 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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本總額： HKD 20,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 ...

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: 潪㵆發展控股有限公司 呈交日期: 2025年9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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本 ...

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 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: 潪㵆發展控股有限公司 呈交日期: 2025年8月4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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本 ...

2025 年報 2025 Annual Report Annual Report 2025 年報 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所上市的其他公司帶有更高投資風險的中小型公司提供一個上市的市場。有意投資者應 了解投資於此類公司的潛在風險，並應經審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會承受較於聯交所主板買賣的證券為高的市場波動風 險，同時亦無法保證在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年報的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示，概不對因本年報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。 本年報遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關潪㵆發展控股有限公司（「本公司」，連同其附 屬公司統稱「本集團」或「我們」）的資料。本公司各董事（統稱「董事」及各自為一名「董事」）對本年報所載資料共同及個 別承擔全部責任。董事在作出一切合理查詢後確認，就彼等深知及確信，本年報所載資料在各重大方面均屬準確及完 整，且無誤導或欺 ...

Financial Performance - For the fiscal year ending March 31, 2025, the group's revenue increased by approximately HKD 144.6 million or 41.0% to about HKD 497.5 million, compared to approximately HKD 352.9 million for the previous year[13] - The loss attributable to owners for the fiscal year was HKD 12.3 million, a decline from a profit of approximately HKD 10.1 million in the previous year[13] - The loss was primarily due to a HKD 16.2 million impairment loss recognized from an equity investment in a joint venture, reflecting a decline in fair value of a property under development[13] - Excluding the non-recurring impairment loss, the group would have recorded a profit of approximately HKD 3.9 million for the year[13] - The company's revenue increased from approximately HKD 352.9 million for the year ended March 31, 2024, to approximately HKD 497.5 million for the year ended March 31, 2025, representing a growth of about 41.0%[19] - Gross profit decreased by approximately HKD 8.9 million or 22.0%, from approximately HKD 40.5 million in 2024 to approximately HKD 31.6 million in 2025, with the overall gross profit margin dropping from 11.5% to 6.3%[22] - Selling costs increased from approximately HKD 312.4 million in 2024 to approximately HKD 465.9 million in 2025, an increase of about 49.1%[21] - The company recorded a loss attributable to owners of approximately HKD 12.3 million for the year ended March 31, 2025, compared to a profit of approximately HKD 10.1 million for the year ended March 31, 2024[30] Business Outlook and Strategy - The company remains cautiously optimistic about the overall business outlook, anticipating gradual recovery in the Hong Kong economy and property market[14] - The company plans to continue providing comprehensive services in various construction sectors, including new basic engineering and renovation projects[14] - The company is strategically investing in property development and other growth potential sectors within the construction industry[14] - A commercial redevelopment project in Tsim Sha Tsui is currently being pursued through a joint venture to enhance the company's asset portfolio[14] Project Management and Operations - The number of projects undertaken decreased from 63 in 2024 to 48 in 2025, with new project contracts totaling approximately HKD 59.0 million, down from approximately HKD 679.4 million in 2024[17] - The backlog of projects as of March 31, 2025, was approximately HKD 386.9 million, a significant decrease from HKD 808.6 million as of March 31, 2024[17] - The company completed the acquisition of 50% of Acasa Property Limited, which is expected to enhance its capacity to undertake larger construction projects[18] Financial Position and Capital Management - As of March 31, 2025, the group's bank balance and cash amounted to approximately HKD 25.7 million, an increase from HKD 22.5 million in 2024[34] - The group's total borrowings were approximately HKD 95.8 million as of March 31, 2025, slightly down from HKD 96.1 million in 2024, while major shareholder loans increased to HKD 6.5 million from zero[34] - The capital debt ratio rose from approximately 63.1% on March 31, 2024, to about 71.7% on March 31, 2025, primarily due to the increase in major shareholder loans[34] Shareholder and Corporate Governance - The company did not recommend the payment of a final dividend for the year ended March 31, 2025[32] - The company has adopted a code of conduct for securities trading by directors, confirming compliance with the relevant standards throughout the year[64] - The board consists of six members, including two executive directors and four independent non-executive directors, ensuring compliance with GEM listing rules[67] - The company has established a clear process for the appointment and re-election of directors, ensuring that one-third of the board rotates at each annual general meeting[83] Employee and Workforce Management - As of March 31, 2025, the group employed a total of 77 employees, an increase from 67 employees in the previous year[59] - Employee costs for the year ended March 31, 2025, amounted to approximately HKD 37.3 million, compared to HKD 29.3 million in the previous year, reflecting a significant increase[59] - Contributions to the retirement benefits plan totaled approximately HKD 1.2 million for the year ended March 31, 2025, up from HKD 0.9 million in the previous year[60] Risk Management and Compliance - The board believes that the risk management and internal control systems are effective and adequate as of March 31, 2025, ensuring the protection of shareholder investments and group assets[116] - The company emphasizes the importance of risk management practices to effectively mitigate operational and financial risks[198] - The group faces several major business risks, including low profit margins and sensitivity to adverse changes in the market conditions for renovation and maintenance projects in Hong Kong[199] Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes the importance of sustainable development as a key driver for creating value for stakeholders[139] - The board has maintained the same environmental, social, and governance (ESG) management structure and processes as the previous year[143] - The company has complied with the ESG reporting guidelines and has not deviated from the "comply or explain" provisions[139] - The company aims to reduce emissions by 10% in the coming year[148] Community Engagement and Corporate Social Responsibility - The company actively engages in community investment through charitable donations and support for education and environmental protection activities[174] - The company has established multiple channels for communication with shareholders and investors, including annual general meetings and a dedicated website[130]

Corporate Governance - The company held three audit committee meetings for the year ending March 31, 2024, with all directors attending all meetings[5] - The remuneration committee conducted two meetings during the same period, with full attendance from all directors[13] - The company has established a nomination committee to review the board structure and recommend candidates for directorships[19] - The audit committee expressed satisfaction with the independence and remuneration of the external auditor, recommending their reappointment subject to shareholder approval[28] - The board of directors is committed to ensuring compliance with accounting standards and financial reporting regulations[25] - The board consists of five members, including two executive directors and three independent non-executive directors, ensuring a diverse governance structure[66] - The board has reviewed its diversity policy and found it effective for the year ending March 31, 2024[71] - The board of directors has adopted a diversity policy, ensuring a balanced representation of genders among employees, which is expected to be maintained in the foreseeable future[98] - The board consists of at least three independent non-executive directors, ensuring compliance with GEM listing rules[90] - The board has established mechanisms to ensure high independence, with independent non-executive directors appointed to various committees[119] - The board is committed to appointing at least three independent non-executive directors and at least one member as an independent non-executive director[141] - The board has reviewed its systems and procedures for financial, operational, and legal compliance monitoring[136] - The company ensures that all board members have access to the company secretary's advice and services for compliance with applicable rules[131] - The company has implemented a code of conduct for directors regarding securities trading, confirming compliance throughout the fiscal year ending March 31, 2024[87] Remuneration and Employment - The remuneration policy aims to provide competitive but not excessive compensation to directors, based on performance and market standards[16] - The salary range for senior management for the year ending March 31, 2024, includes two individuals earning up to HKD 1,000,000 and one earning between HKD 1,000,001 and HKD 1,500,000[17] - The company plans to continue its strategy of attracting and retaining quality employees through competitive compensation packages[1] - The company’s remuneration for directors includes fixed salaries and variable components such as bonuses and stock options, reflecting market conditions and company performance[15] - The total contributions made by the group to the retirement benefit plan amounted to approximately HKD 0.9 million for the year ending March 31, 2024, compared to HKD 0.8 million in 2023[59] - As of March 31, 2024, the company employed a total of 67 employees, up from 57 employees in 2023, with employee costs amounting to approximately HKD 29.3 million, compared to HKD 27.3 million in 2023[83] - The company has established a mandatory provident fund scheme for eligible employees, with contributions calculated as a percentage of their basic salary[83] - The company has adhered to fair and appropriate employment practices and labor standards, with policies against discrimination and equal opportunity for all employees[74] Financial Performance - The audit committee reviewed the consolidated financial statements and found no significant issues to report to the board[29] - As of March 31, 2024, the group's bank borrowings amounted to approximately HKD 96.1 million, an increase from HKD 89.7 million in 2023[33] - The capital debt ratio remained stable at approximately 63.5% and 63.1% for the years ending March 31, 2023, and March 31, 2024, respectively[33] - The group's current ratio was relatively stable at about 1.4 and 1.6 times for the years ending March 31, 2024, and 2023, respectively[33] - The group’s financial position remains robust, supported by available bank balances and cash, as well as bank credit financing[33] - The company does not recommend the payment of a final dividend for the year ending March 31, 2024[32] - The company has no plans for significant investments or capital assets other than those disclosed in the annual report as of March 31, 2024[49] - The group has provided shareholder loans of approximately HKD 20.4 million to the joint venture Acasa as of March 31, 2024, down from HKD 33.5 million in 2023[47] - The group acquired an additional 25% equity in Acasa, increasing its ownership to 50% as of January 19, 2023, with a total investment cost of HKD 19,640,000, representing 4.9% of the group's total assets[52] - The fair value of financial assets measured at fair value through profit or loss decreased by HKD 1,435,000 during the year, with a carrying amount of HKD 16,685,000, accounting for 4.2% of the group's total assets as of March 31, 2024[55] - The carrying amount of financial assets at fair value through profit or loss was HKD 9,620,000, accounting for 2.8% of the group's total assets as of March 31, 2023[55] Risk Management - The board has implemented a risk management framework to identify and manage risks within acceptable levels[113] - The company has established a risk management framework integrated into daily operations, ensuring effective internal controls[150] - The audit committee and board are satisfied with the effectiveness and efficiency of the risk management and internal control systems for the fiscal year ending March 31, 2024[152] Environmental and Social Responsibility - The company aims to reduce emissions by 10% in the coming year[196] - The company plans to decrease overall resource consumption, including water and electricity, by 10% in the next year[199] - The company has replaced one gasoline vehicle with an electric vehicle to reduce emissions and combat climate change[195] - The company has maintained the same environmental, social, and governance management structure and processes as the previous year[192] - No significant non-compliance emissions or discharges to land and water sources were found during the reporting period[193] - The company has complied with the environmental, social, and governance reporting guidelines set by the Hong Kong Stock Exchange[190] Shareholder Communication - The company has multiple channels for communication with shareholders, including annual meetings and a dedicated website[161] - The company has adopted a shareholder communication policy to enhance engagement with shareholders[180] - The board of directors and appropriate senior executives will attend the annual general meeting to address shareholder inquiries[182] - The company has confirmed that major shareholders have adhered to non-competition commitments during the reporting period[187]