主席兼執行董事 鄺大華 香港，二零二五年十一月六日 於本公告日期，執行董事為鄺大華先生（主席兼行政總裁）、鄺文蕊女士（副主席） 及林安輝先生；以及獨立非執行董事為黎明輝先生、鄭利龍博士及郭耀松先生。 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 公告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。 MS CONCEPT LIMITED （股份代號：8447） （於開曼群島註冊成立的有限公司） 董事會會議日期 MS Concept Limited（「本公司」）宣佈，本公司將於二零二五年十一月十八日（星期 二）舉行董事（「董事」）會會議，旨在（其中包括）批准本公司及其附屬公司截至二 零二五年九月三十日止六個月之未經審核綜合財務業績公告以供發佈，以及考慮 建議派發股息（如有）。 承董事會命 MS Concept Limited 本公告的資料乃遵照《聯交所的GEM證券上巿規則》而刊載，旨在提供有關本公司 的資料；各董事願就本公告的資料共同及個別地承擔全部責任。董事在作出一切 合理查詢後，確認就彼 ...

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: MS CONCEPT LIMITED 呈交日期: 2025年11月4日 | 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) | 08447 | 說明 | 普通股 | | | | | | | | 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 | | | 1,000,000,000 | | 0 | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 1,000,000,000 | | 0 | | 1,000,000,000 | 第 2 頁 共 10 頁 v 1.1.1 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份 ...

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 | 2025年9月30日 | | --- | | 狀態: | | 截至月份: 新提交 | 致：香港交易及結算所有限公司 公司名稱: MS CONCEPT LIMITED 呈交日期: 2025年10月6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) | 08447 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 ...

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: MS CONCEPT LIMITED 呈交日期: 2025年9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) | 08447 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | ...

【本中文譯本僅供參考之用。 如中文譯本之文義與英文原文有歧異之處，概以英文原文為準。】 公司法（經修訂） 獲豁免股份有限公司 MS Concept Limited 之 第二次經修訂及重列 組織章程大綱 （根據2022年8月2日舉行的股東周年大會通過的特別決議採納） 1. 本公司名稱為MS Concept Limited。 2. 本公司的註冊辦事處為Conyers Trust Company (Cayman) Limited的辦事處，地址為 Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands。 3. 在本大綱下列條文的規限下，本公司的成立宗旨並無限制，包括但不限於： (a) 於其所有分公司行使及履行控股公司的一切職能，並協調任何不論在何處註 冊成立或經營業務的一間或多間附屬公司或本公司或任何附屬公司為其成員 公司或本公司以任何方式直接或間接控制的任何公司集團的政策及行政事宜； (b) 作為一家投資公司行事，並就此根據任何條款（不論是否有條件或絕對），透 過最初認購、招標、購買、交換、包銷、加入財團 ...

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 公告全部或任何部份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。 MS CONCEPT LIMITED （股份代號：8447） （於開曼群島註冊成立的有限公司） 於二零二五年八月一日舉行之股東週年大會 按股數投票表決的結果 刊載於股東週年大會通告內所有提呈決議案已於二零二五年股東週年大會上以 按股數投票表決方式獲股東正式通過。 MS Concept Limited（「本公司」）之董事會（分別為「董事」及「董事會」）欣然公佈， 刊載於日期為二零二五年七月二日之本公司股東週年大會（「股東週年大會」）通告 （「股東週年大會通告」）內所有提呈之決議案（「提呈決議案」），已於二零二五年八 月一日（星期五）舉行之股東週年大會（「二零二五年股東週年大會」）上，以按股數 投票表決方式獲本公司普通股每股0.01港元之股份持有人（分別為「股份」及「股東」） 正式通過。 於二零二五年股東週年大會當日，總共有1,000,000,000股已發行股份賦予股東權 利出席二零二五年股東 ...

| | | 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 | 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) | 08447 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | FF301 本月底法定/註冊股本總額： HKD 15,000,000 FF301 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 第 ...

( 於開曼群島註冊成立的有限公司 ) 股份代號: 8447 年報 2025 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高投 資風險。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買賣的證券可能會較於聯交所主板買賣的證券承受較大的市 場波動風險，同時無法保證在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， 並明確表示概不就因本報告全部或任何部份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。 本年報的資料乃遵照GEM證券上市規則而刊載，旨在提供有關MS Concept Limited（「本公司」）的資料。本公 司的董事（「董事」）願就本年報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，本年報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，且並無遺漏任何其他 事項，足以令本年報或其所載任 ...

Economic Environment and Market Dynamics - The economic environment in Hong Kong has been challenging, leading to a significant decline in customer spending in the restaurant industry[12]. - The company has implemented strategies such as menu innovation and operational streamlining to adapt to market dynamics[12]. - The recovery of inbound tourism from China and the Asia-Pacific region is expected to improve the performance of the restaurant industry[12]. - The company plans to expand its network in Hong Kong by carefully selecting suitable locations and enhancing its brand portfolio[13]. - The focus will remain on providing a "luxury for all" dining experience while ensuring high-quality food offerings[13]. Financial Performance - For the fiscal year ending March 31, 2025, the company's revenue reached approximately HKD 253.5 million, an increase of about HKD 27.8 million or 12.3% compared to HKD 225.7 million for the previous year[20]. - The cost of goods sold was approximately HKD 103.6 million, representing an increase of about HKD 23.4 million or 29.2% from HKD 80.2 million in the prior year[21]. - Gross profit was approximately HKD 149.9 million, an increase of about HKD 4.4 million or 3.0% from HKD 145.5 million year-over-year[23]. - The overall gross margin decreased from approximately 64.5% to 59.1% due to promotional activities reducing average spending per customer and the lower gross margin of the newly opened restaurant, "柏麗廳" (Palace Hall)[23]. - For the fiscal year ending March 31, 2025, the group recorded a loss of approximately HKD 17.2 million, compared to a loss of approximately HKD 18.6 million for the fiscal year ending March 31, 2024[35]. Operational Costs and Expenses - Employee costs increased by approximately HKD 6.0 million or 8.3% to HKD 78.7 million from HKD 72.7 million in the previous year[25]. - Depreciation expenses decreased to approximately HKD 35.1 million from HKD 37.1 million, primarily due to the opening of "柏麗廳" and the closure of "銅鑼灣Hana"[26]. - Rental and related expenses increased by approximately HKD 0.6 million or 4.2% to HKD 14.8 million from HKD 14.2 million in the prior year[28]. - Fuel and utility expenses rose by approximately HKD 0.6 million or 9.4% to HKD 7.0 million from HKD 6.4 million, influenced by the opening of "柏麗廳" and the closure of "銅鑼灣Hana"[29]. - Financing costs increased by approximately HKD 2.3 million or 79.3% to HKD 5.2 million from HKD 2.9 million, mainly due to new leasing agreements and interest on lease liabilities[32]. Corporate Governance and Board Structure - The board emphasizes the importance of good corporate governance to enhance shareholder value and ensure effective accountability[63]. - The company has adopted all applicable corporate governance code provisions, except for C.2.1 and C.6.1, as of the fiscal year ending March 31, 2025[68]. - The board consists of six directors, with independent non-executive directors making up 50% of the board, exceeding GEM listing rules requirements[73]. - The independent non-executive directors provided extensive business and financial expertise, ensuring compliance with GEM listing rules[76]. - The board has established committees to monitor operational and financial performance, ensuring appropriate internal controls and risk management measures[76]. Risk Management and Internal Controls - The company has established risk management and internal control policies, with the board responsible for monitoring their effectiveness at least annually[118]. - An independent internal control consultant has been engaged to assess the internal control system, concluding that there are no significant deficiencies[121]. - The company identifies and categorizes risks into four categories: strategic, financial, operational, and compliance risks[122]. - The board has appointed an independent internal control consultant to review the effectiveness of the risk management and internal control systems, finding them adequate and effective[124]. Shareholder Relations and Communication - The company has implemented a shareholder communication policy to ensure timely and fair access to information for shareholders[134]. - The board of directors is required to convene a special general meeting within two months upon receiving a valid written request from shareholders holding at least 10% of the paid-up capital[131]. - The company encourages reporting of any misconduct or unethical behavior through established channels[138]. - The group maintains good working relationships with its customers and suppliers, emphasizing the importance of communication through various channels[145]. Employee and Board Diversity - The company is committed to maintaining gender diversity and equality within the board and overall employee team[83]. - As of March 31, 2025, the employee team consists of 35.4% female and 64.6% male, with the board aiming to maintain the current level of female representation[83]. - The board diversity policy was adopted on March 23, 2018, with measurable goals to ensure a balanced representation of skills, experience, and diverse perspectives[83]. Future Plans and Investments - The company has no significant investment or capital asset plans beyond those disclosed in the prospectus dated March 29, 2018, and the annual report[149]. - Under the total supply agreement with Fresh Run, the group plans to purchase fresh and frozen meat and seafood, with annual caps of HKD 44 million, HKD 53 million, and HKD 59 million for the three financial years ending March 31, 2026[168]. Environmental and Social Responsibility - The company has implemented various green measures to promote environmental and social sustainability, complying with local environmental laws and regulations[177].

Financial Performance - Revenue for the six months ended September 30, 2024, reached approximately HKD 126.7 million, an increase of about HKD 12.5 million or 10.9% compared to HKD 114.2 million for the same period in 2023[6] - The net loss for the period was approximately HKD 13.0 million, compared to a net loss of approximately HKD 1.3 million for the same period in 2023[6] - Gross profit for the six months ended September 30, 2024, was HKD 73.2 million, slightly down from HKD 73.8 million in the same period last year[8] - The total comprehensive loss for the six months ended September 30, 2024, was HKD 12,973,000, compared to a loss of HKD 1,282,000 for the same period in 2023[12] - The company reported a basic and diluted loss per share of HKD 1.3 cents for the period, compared to HKD 0.13 cents for the same period last year[7] - The company reported a loss per share of HKD 12,973,000 for the six months ended September 30, 2024, compared to a loss of HKD 1,282,000 for the same period in 2023[25] Dividends and Equity - The board has decided not to declare an interim dividend for this period, consistent with the previous year[6] - The total equity as of April 1, 2024, was HKD 28,101,000, which decreased to HKD 15,128,000 by September 30, 2024, due to the comprehensive loss incurred[12] - As of September 30, 2024, the total equity attributable to the owners of the company was approximately HKD 15.1 million, down from HKD 28.1 million as of March 31, 2024[51] - The company declared no interim dividend for the six months ended September 30, 2024, consistent with the previous year[58] Assets and Liabilities - Total current liabilities increased to HKD 67.4 million as of September 30, 2024, compared to HKD 57.0 million as of March 31, 2024[9] - The company's total assets less current liabilities decreased to HKD 51.4 million as of September 30, 2024, from HKD 77.0 million as of March 31, 2024[10] - The company's cash and bank balances were HKD 26.5 million as of September 30, 2024, down from HKD 29.1 million as of March 31, 2024[9] - Non-current assets totaled HKD 77.9 million as of September 30, 2024, down from HKD 90.3 million as of March 31, 2024[9] - Trade receivables decreased significantly to HKD 0.8 million as of September 30, 2024, from HKD 2.8 million as of March 31, 2024[9] - Trade payables totaled HKD 23,990,000 as of September 30, 2024, up from HKD 17,631,000 as of March 31, 2024[30] Cash Flow - The company reported a net cash outflow of HKD 2,555,000 during the period, with cash equivalents at the beginning of the period being HKD 29,099,000[14] - Cash and cash equivalents decreased by HKD 2,555,000, resulting in a closing balance of HKD 26,544,000 as of September 30, 2024[14] - The net cash inflow from operating activities for the six months ended September 30, 2024, was approximately HKD 18.6 million, a decrease from HKD 20.8 million in the same period of 2023[51] Operational Highlights - Revenue from restaurant operations for the six months ended September 30, 2024, was HKD 126,707,000, an increase of 10.9% compared to HKD 114,210,000 for the same period in 2023[20] - The company opened a new restaurant under the "柏麗廳" brand in February 2024 and renovated an existing restaurant in August 2024[36] - The company operates 12 restaurants in Hong Kong, offering a variety of cuisines[36] - The company aims to attract customers to dine locally by launching promotions and discounts in response to changing dining habits[36] Expenses - The cost of goods sold for the six months ended September 30, 2024, was HKD 53,512,000, up from HKD 40,423,000 in the same period of 2023[23] - Employee benefits expenses, including salaries and other allowances, totaled HKD 38,234,000 for the six months ended September 30, 2024, compared to HKD 33,249,000 in the same period of 2023[23] - Employee costs rose by approximately HKD 5.0 million or 14.3% to HKD 39.9 million, influenced by the operation of the new restaurant since February 2024[41] - Depreciation for the six months ended September 30, 2024, was approximately HKD 21.2 million, an increase of HKD 2.7 million or 14.6% from HKD 18.5 million in the previous year[42] - Rental and related expenses increased by approximately HKD 0.4 million or 5.7% to HKD 7.4 million, mainly due to the new restaurant operations[43] - Financing costs increased from approximately HKD 1.6 million to HKD 2.9 million, primarily due to the net increase in lease liabilities after the new restaurant commenced operations[45] Future Outlook - The estimated taxable profit for the six months ended September 30, 2024, is subject to Hong Kong profits tax rates of 8.25% for profits up to HKD 2 million and 16.5% for profits exceeding that amount[24] - The net proceeds from the IPO amounted to approximately HKD 39.6 million, with allocations for expanding the restaurant network and establishing a central kitchen[48] - As of September 30, 2024, approximately HKD 20.6 million of the net proceeds was used for opening new restaurant locations, with ongoing evaluations for further expansions[49] Employee and Shareholder Information - The group employed approximately 202 employees as of September 30, 2024, down from 213 employees on March 31, 2024[65] - Future More holds 75% of the shares, with 750,000,000 shares owned by major shareholders[62] - As of September 30, 2024, the total number of issued shares is 1,000,000,000, leading to a 75% ownership percentage for Future More[63] Compliance and Governance - The audit committee, composed of independent non-executive directors, reviewed the unaudited consolidated results for the six months ended September 30, 2024[74] - The company has maintained the required public float as per GEM listing rules as of the report date[70] - There were no significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the six months ended September 30, 2024[53] - The company has no significant capital commitments or contingent liabilities as of September 30, 2024[56][57] - No significant events affecting the group occurred after September 30, 2024, up to the report date[75]