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: 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: 盛龍錦秀國際有限公司 ((於開曼群島註冊成立的有限公司) 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) | 08481 | 說明 | 盛龍錦秀國際 | | | | | | | | | 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 | | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,0 ...

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: 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: 盛龍錦秀國際有限公司 ((於開曼群島註冊成立的有限公司) 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) | 08481 | 說明 | 盛龍錦秀國際 | | | | | | | | | 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 | | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,00 ...

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: 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: 盛龍錦秀國際有限公司 ((於開曼群島註冊成立的有限公司) 呈交日期: 2025年9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) | 08481 | 說明 | 盛龍錦秀國際 | | | | | | | | | 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 | | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000 ...

Financial Performance - The group's revenue for the six months ended June 30, 2025, was approximately RMB 270.5 million, an increase of about 3.8% compared to the corresponding period [8]. - For the six months ended June 30, 2025, the group reported revenue of RMB 270,562,000, an increase of 3.4% from RMB 260,677,000 in the same period of 2024 [28]. - Gross profit for the same period was RMB 99,716,000, representing a significant increase of 34.7% compared to RMB 74,121,000 in 2024 [28]. - The operating profit increased to RMB 28,531,000, up 32.2% from RMB 21,589,000 in the previous year [28]. - Net profit for the period was RMB 19,954,000, a rise of 31.5% from RMB 15,134,000 in 2024 [28]. - Profit attributable to the company's owners for the six months ended June 30, 2025, was RMB 19,954,000, compared to RMB 15,134,000 for the same period in 2024, reflecting a growth of 31.5% [60]. - The basic and diluted earnings per share increased to RMB 4.47, compared to RMB 3.06 in the same period last year [28]. - The company reported a total comprehensive income of RMB 25,044 thousand for the six months ended June 30, 2025, compared to RMB 17,181 thousand for the same period in 2024, reflecting an increase of approximately 45.8% [32]. Expenses and Costs - Selling expenses rose by approximately RMB 1.4 million or 6.4% to about RMB 22.5 million, primarily due to increased marketing and exhibition expenses [11]. - Administrative expenses increased by approximately RMB 12.2 million or 33.3% to about RMB 48.8 million, mainly due to higher salaries and benefits for administrative staff [12]. - The current tax expense for the six months ended June 30, 2025, was RMB 3,095,000, compared to RMB 1,235,000 in the same period of 2024, reflecting a substantial increase of 150.5% [55]. Assets and Liabilities - As of June 30, 2025, the group had current assets of approximately RMB 354.6 million, with a current ratio of about 1.90, up from 1.13 as of December 31, 2024 [17]. - Total bank borrowings amounted to approximately RMB 468.9 million, an increase of about 23.1% from RMB 380.8 million as of December 31, 2024 [18]. - The debt-to-equity ratio was approximately 1.61, up from 1.37 as of December 31, 2024, primarily due to an increase in long-term bank borrowings [18]. - As of June 30, 2025, the total assets of the group were RMB 965,352,000, an increase from RMB 874,916,000 as of December 31, 2024 [30]. - The total liabilities increased to RMB 674,157 thousand, up from RMB 596,085 thousand in December 2024, representing a growth of approximately 13% [31]. - The total assets less current liabilities amounted to RMB 778,350 thousand as of June 30, 2025, compared to RMB 586,972 thousand in December 2024, indicating a growth of approximately 32.6% [31]. Cash Flow and Financing - The company's net cash used in operating activities for the six months ended June 30, 2025, was RMB (9,742) thousand, a significant improvement compared to RMB (48,871) thousand for the same period in 2024 [33]. - The company reported a net cash inflow from financing activities of RMB 69,677 thousand for the six months ended June 30, 2025, compared to RMB 77,901 thousand in the same period of 2024 [33]. - The company incurred a net loss of RMB (5,448) thousand in cash from operating activities for the six months ended June 30, 2025, compared to a loss of RMB (46,551) thousand in the same period of 2024 [33]. - The cash and cash equivalents decreased to RMB 54,284 thousand as of June 30, 2025, from RMB 68,520 thousand as of June 30, 2024, representing a decline of approximately 20.7% [35]. Shareholder Information - The total number of issued ordinary shares remained at 490,420 thousand shares with a par value of RMB 4,171 thousand as of June 30, 2025 [65]. - The company did not recommend any interim dividend for the current period, consistent with the previous period [71]. - The company repurchased ordinary shares amounting to RMB (12,680) thousand during the six months ended June 30, 2025, compared to RMB (3,832) thousand in the same period of 2024 [32]. - The company repurchased a total of 23,105,000 shares at a total cash consideration of approximately HKD 13.9 million, enhancing the company's net asset value [79]. Management and Governance - The company has confirmed that there are no other interests or positions held by directors or key executives in the company's shares or related securities as of June 30, 2025 [81]. - The company has adopted the GEM Listing Rules for trading standards, and all directors have confirmed compliance during the reporting period [87]. - The company is committed to high corporate governance standards to protect shareholder interests and enhance company value [88]. - The audit committee, consisting of three independent non-executive directors, has reviewed the interim results and confirmed compliance with applicable accounting standards [89]. - The roles of Chairman and CEO are held by Mr. Sheng, which the board believes is beneficial for the company's strategic continuity [88]. Employee Information - The group employed 460 staff as of June 30, 2025, an increase from 396 employees at the end of 2024 [22]. - The remuneration for key management personnel increased to RMB 4,050,000 in the current period from RMB 2,360,000 in the corresponding period [75]. Market and Industry Outlook - Revenue from overseas markets increased by approximately 7.2%, driven by demand from the United Arab Emirates, India, and other overseas markets [8]. - The group anticipates continued growth in the decorative printing materials industry due to economic recovery in China [26].

[Announcement Background and Purpose](index=1&type=section&id=Announcement%20Background%20and%20Purpose) This announcement supplements Splendecor International Holdings Limited's 2024 annual report, providing additional details on the share option scheme [Announcement Overview and Annual Report Reference](index=1&type=section&id=Announcement%20Overview%20and%20Annual%20Report%20Reference) This announcement supplements Splendecor International Holdings Limited's 2024 annual report, primarily providing information related to the share option scheme - This announcement supplements Splendecor International Holdings Limited's 2024 annual report, primarily providing information related to the share option scheme[2](index=2&type=chunk) [Supplemental Disclosure on Share Option Scheme](index=1&type=section&id=Supplemental%20Disclosure%20on%20Share%20Option%20Scheme) This section provides additional details regarding the company's share option scheme, including ungranted options and exercise periods [Ungranted Share Options](index=1&type=section&id=Ungranted%20Share%20Options) No share options were granted from the listing date to December 31, 2024, with 50,000,000 unexercised options available - No share options were granted by the company from its listing date up to December 31, 2024[3](index=3&type=chunk) Number of Unexercised Share Options | Date | Number of Unexercised Share Options (units) | | :--- | :--- | | January 1, 2024 | 50,000,000 | | December 31, 2024 | 50,000,000 | [Share Option Exercise Period](index=1&type=section&id=Share%20Option%20Exercise%20Period) The exercise period for share options is determined by the Board, not exceeding ten years from the offer date - The exercise period for share options is determined at the Board's sole discretion, not exceeding ten years from the offer date[3](index=3&type=chunk) [Impact of Supplemental Information on Annual Report](index=2&type=section&id=Impact%20of%20Supplemental%20Information%20on%20Annual%20Report) This supplemental information does not alter other details in the 2024 annual report, which remain unchanged - The supplemental information provided does not affect other details in the 2024 annual report, with all other information remaining unchanged[4](index=4&type=chunk) [Other Information Disclosure](index=2&type=section&id=Other%20Information%20Disclosure) This section covers the Board's composition, directors' responsibilities, and publication details of the announcement [Board of Directors Composition](index=2&type=section&id=Board%20of%20Directors%20Composition) As of the announcement date, the Board comprises three executive directors and three independent non-executive directors - As of the announcement date, the Board includes three executive directors and three independent non-executive directors[6](index=6&type=chunk) - Executive directors are Mr Sheng Yingming (Chairman, CEO), Mr Fang Xu, and Ms Sheng Sainan[6](index=6&type=chunk) - Independent non-executive directors are Mr Ma Lingfei, Mr Cao Bingchang, and Ms Wong Yuetyuen[6](index=6&type=chunk) [Directors' Responsibility Statement](index=2&type=section&id=Directors'%20Responsibility%20Statement) Directors assume full responsibility for the announcement's content, confirming its accuracy, completeness, and integrity - Directors collectively and individually assume full responsibility for this announcement, confirming its accuracy, completeness, and absence of misleading or fraudulent content[7](index=7&type=chunk) [Announcement Publication and Language Versions](index=2&type=section&id=Announcement%20Publication%20and%20Language%20Versions) The announcement will be published on GEM and company websites for at least seven days; English version prevails - This announcement will be published on the GEM website (http://www.hkgem.com) and the company website (http://www.splendecor.com) for at least seven days from the publication date[8](index=8&type=chunk) - In case of any discrepancy between the Chinese and English versions of this announcement, the English version shall prevail[9](index=9&type=chunk)

Core Viewpoint - Shenglong Jinxiu International (08481) reported a revenue of 271 million yuan for the six months ending June 30, 2025, representing a year-on-year increase of 3.8% [1] - The profit attributable to the company's owners was 19.954 million yuan, a year-on-year increase of 31.85%, with earnings per share of 4.47 cents [1] Revenue Breakdown - The increase in revenue was driven by growth in both overseas and Chinese markets [1] - Revenue from overseas markets increased by approximately 7.2%, primarily due to rising demand from the United Arab Emirates, India, and other international markets [1] - Demand from Chinese customers remained stable, with a slight increase of about 2.2% compared to the same period [1] Product Performance - The revenue growth was mainly attributed to increased sales of key products such as decorative paper, melamine-impregnated paper, and PVC flooring film [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Shenglong Jinxiu International (08481) for the six months ending June 30, 2025, showing a revenue of 271 million yuan, an increase of 3.8% year-on-year [1] - The profit attributable to the company's owners reached 19.954 million yuan, reflecting a significant increase of 31.85% compared to the same period last year [1] - Earnings per share for the company stood at 4.47 cents [1] Group 2 - The revenue growth was driven by increases in both overseas and domestic markets, with overseas revenue rising approximately 7.2%, primarily due to increased demand from the United Arab Emirates, India, and other international markets [1] - Demand from Chinese customers remained stable, with a slight increase of about 2.2% compared to the corresponding period [1] - The main contributors to revenue growth during this period were sales increases in key products such as decorative paper, melamine-impregnated paper, and PVC flooring film [1]

[Company Announcements and Disclaimers](index=1&type=section&id=Company%20Announcements%20and%20Disclaimers) This section provides official announcements and disclaimers regarding the interim results and market characteristics [Interim Results Announcement](index=1&type=section&id=Interim%20Results%20Announcement) Shenglong Jinxiu International Limited is pleased to announce its unaudited condensed consolidated interim results for the six months ended June 30, 2025, with this announcement containing the full interim report and complying with relevant GEM Listing Rules of the Stock Exchange - The Company announced its unaudited condensed consolidated interim results for the six months ended June 30, 2025[2](index=2&type=chunk) - This announcement complies with the information requirements of the GEM Listing Rules of the Stock Exchange regarding preliminary announcements of interim results[2](index=2&type=chunk) [Board Members and Responsibility Statement](index=2&type=section&id=Board%20Members%20and%20Responsibility%20Statement) As of the announcement date, the Board comprises three executive directors (Sheng Yingming, Fang Xu, Sheng Sainan) and three independent non-executive directors (Ma Lingfei, Cao Bingchang, Zheng Yong); all directors jointly and individually assume full responsibility for the announcement's content and confirm its accuracy, completeness, and lack of misleading information - The Board of Directors includes three executive directors: **Mr. Sheng Yingming**, **Mr. Fang Xu**, and **Ms. Sheng Sainan**[4](index=4&type=chunk) - The Board of Directors includes three independent non-executive directors: **Mr. Ma Lingfei**, **Mr. Cao Bingchang**, and **Mr. Zheng Yong**[4](index=4&type=chunk) - The directors confirm that the information contained in the announcement is accurate and complete in all material respects, and contains no misleading or fraudulent statements[5](index=5&type=chunk) [GEM Market Characteristics and Disclaimer](index=3&type=section&id=GEM%20Market%20Characteristics%20and%20Disclaimer) The GEM market provides a listing platform for small and medium-sized companies with higher investment risks, requiring investors to exercise caution; Hong Kong Exchanges and Clearing Limited and The Stock Exchange are not responsible for this report's content, make no statement as to its accuracy or completeness, and accept no liability for any loss - The GEM market provides a listing platform for small and medium-sized companies with higher investment risks, and investors should understand the potential risks[7](index=7&type=chunk) - Hong Kong Exchanges and Clearing Limited and The Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness[7](index=7&type=chunk) [Company Information](index=4&type=section&id=Company%20Information) This section details the company's board members, committees, key advisors, and operational locations [Board and Committee Members](index=4&type=section&id=Board%20and%20Committee%20Members) The Company's Board of Directors consists of executive directors Sheng Yingming, Fang Xu, Sheng Sainan, and independent non-executive directors Cao Bingchang, Ma Lingfei, Zheng Yong; Mr. Cao Bingchang chairs the Audit Committee, Mr. Zheng Yong chairs the Remuneration Committee, and Mr. Ma Lingfei chairs the Nomination Committee - Executive directors include **Mr. Sheng Yingming**, **Mr. Fang Xu**, and **Ms. Sheng Sainan**[9](index=9&type=chunk) - Independent non-executive directors include **Mr. Cao Bingchang**, **Mr. Ma Lingfei**, and **Mr. Zheng Yong**[9](index=9&type=chunk) - The Audit Committee Chairman is **Mr. Cao Bingchang**, the Remuneration Committee Chairman is **Mr. Zheng Yong**, and the Nomination Committee Chairman is **Mr. Ma Lingfei**[9](index=9&type=chunk) [Key Advisors and Offices](index=4&type=section&id=Key%20Advisors%20and%20Offices) The Company's legal advisor is Tongli Law Firm (Limited Liability Partnership), and its auditor is Tianjian International Certified Public Accountants Co., Ltd. Principal bankers include China Construction Bank and Shanghai Pudong Development Bank. The Company maintains a registered office in the Cayman Islands and principal places of business in Hong Kong and Zhejiang Province, China - The legal advisor as to Hong Kong law is Tongli Law Firm (Limited Liability Partnership)[9](index=9&type=chunk) - The auditor is Tianjian International Certified Public Accountants Co., Ltd[9](index=9&type=chunk) - The principal bankers are China Construction Bank Corporation and Shanghai Pudong Development Bank Co., Ltd[9](index=9&type=chunk) [Management Discussion and Analysis](index=5&type=section&id=Management%20Discussion%20and%20Analysis) This section offers a comprehensive review of the group's business operations, financial performance, liquidity, and future outlook [Business Review](index=5&type=section&id=Business%20Review) The Group is primarily engaged in manufacturing and selling decorative printing material products, including decorative paper, melamine impregnated paper, and PVC floor film, serving over 500 domestic and international clients across more than 40 countries during the period - The Group is principally engaged in the manufacture and sale of decorative printing material products, including decorative paper, melamine impregnated paper, and PVC floor film[11](index=11&type=chunk) - During the period, the Group served over **500+ customers** in domestic and international markets, with overseas sales spanning more than **40+ countries** across Asia, North America, South America, Europe, Oceania, and Africa[11](index=11&type=chunk) [Financial Review](index=5&type=section&id=Financial%20Review) Revenue for the period increased by **3.8%** to **RMB 270.5 million**, driven primarily by increased overseas market demand; cost of sales decreased by **8.4%**, gross profit significantly grew by **34.5%** to **RMB 99.7 million**, and gross profit margin improved to **36.9%**; administrative expenses rose by **33.3%** due to increased salaries, benefits, and pre-operating costs for the new plant, while net other income significantly decreased by **98.5%** due to exchange losses Key Financial Metrics Changes (For the six months ended June 30, 2025) | Metric | 2025 (RMB million) | 2024 (RMB million) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 270.5 | 260.6 | +3.8% | | Cost of sales | 170.8 | 186.5 | -8.4% | | Gross profit | 99.7 | 74.1 | +34.5% | | Gross profit margin | 36.9% | 28.4% | +8.5 percentage points | | Selling expenses | 22.5 | 21.1 | +6.4% | | Administrative expenses | 48.8 | 36.6 | +33.3% | | Net other income and gains | 0.1 | 5.2 | -98.5% | | Net finance costs | 5.3 | 5.1 | +5.0% | | Income tax expense | 3.3 | 1.4 | +135.7% | | Profit attributable to owners of the Company | 19.9 | 15.1 | +31.8% | - The increase in revenue was mainly driven by increased demand from overseas markets (especially the United Arab Emirates and India) and the Chinese market[12](index=12&type=chunk) - The decrease in cost of sales was primarily due to lower production materials such as base paper and other production costs[13](index=13&type=chunk) - The increase in administrative expenses was mainly due to higher staff salaries and benefits for administrative employees, entertainment expenses, and pre-operating infrastructure costs for the new manufacturing plant in Shexian[16](index=16&type=chunk) - The significant decrease in net other income and gains was mainly due to exchange losses recorded from the depreciation of the US dollar against the RMB[17](index=17&type=chunk) [Liquidity, Financial Resources, and Capital Structure](index=7&type=section&id=Liquidity%2C%20Financial%20Resources%2C%20and%20Capital%20Structure) As of June 30, 2025, the Group's current assets were approximately **RMB 354.6 million**, current liabilities approximately **RMB 187.0 million**, with the current ratio increasing to **1.90 times**; total bank borrowings rose to **RMB 468.9 million**, and the gearing ratio increased to **1.61**, primarily due to higher long-term bank borrowings Liquidity and Capital Structure (As of June 30, 2025) | Metric | As of June 30, 2025 (RMB million) | As of December 31, 2024 (RMB million) | Change (%) | | :--- | :--- | :--- | :--- | | Current assets | 354.6 | 324.4 | +9.3% | | Current liabilities | 187.0 | 287.9 | -35.0% | | Current ratio | 1.90 times | 1.13 times | +0.77 times | | Total bank borrowings | 468.9 | 380.8 | +23.1% | | Gearing ratio | 1.61 | 1.37 | +0.24 | - The increase in the current ratio was mainly due to a decrease in bills payable and payables for the acquisition of property, plant and equipment[21](index=21&type=chunk) - The increase in the gearing ratio was mainly due to an increase in long-term bank borrowings during the period[22](index=22&type=chunk) - The Group faces various currency foreign exchange risks primarily related to USD, EUR, and HKD, which are regularly monitored and hedged[23](index=23&type=chunk) [Capital Commitments and Employee Information](index=8&type=section&id=Capital%20Commitments%20and%20Employee%20Information) As of June 30, 2025, the Group's contracted but unprovided capital expenditure for the acquisition of property, plant and equipment was approximately **RMB 108.9 million**; the number of employees increased to **460**, with staff costs of approximately **RMB 48.7 million**; there were no significant investments, acquisitions, or disposals of subsidiaries during the period Capital Commitments and Employee Data | Metric | As of June 30, 2025 (RMB million) | As of December 31, 2024 (RMB million) | | :--- | :--- | :--- | | Capital expenditure for acquisition of

Group 1 - The stock price of Shenglong Jinxiu International (08481.HK) closed at 0.500 HKD on August 6, reflecting a 1.01% increase from the previous trading day, with an intraday low of 0.206 HKD, marking a new low for the past year [1] - The net capital inflow for the day was 95,385 HKD, with no recorded outflow [1] - Shenglong Jinxiu International, founded in 1993 in Hangzhou, Lin'an, is one of the few global leaders in providing comprehensive solutions for decorative materials, including color design, plate-making technology, ink technology, printing technology, and immersion glue technology [1] Group 2 - The company has developed a significant manufacturing base in China's decorative paper industry, with its first factory covering an area of 47,850 square meters and the second factory covering 100,000 square meters [1] - Shenglong has pioneered the introduction of the world's most advanced original imported decorative paper printing lines, owning multiple unique professional printing production lines [1]

（於開曼群島註冊成立的有限公司） （股份代號：8481） 董事會會議通告 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。 SHENGLONG SPLENDECOR INTERNATIONAL LIMITED 盛龍錦秀國際有限公司 主 席、行 政 總 裁 兼 執 行 董 事 香 港，2025年8月1日 於 本 公 告 日 期，董 事 會 成 員 包 括(i)三 名 執 行 董 事：盛 英 明 先 生、方 旭 先 生 及 盛 賽 男 女 士；及(ii)三 名 獨 立 非 執 行 董 事：馬 靈 飛 先 生、曹 炳 昌 先 生 及 鄭 永 先 生。 – 1 – 本公告載有根據香港聯合交易所有限公司GEM證券上市規則須提供有關本公 司 資 料 的 詳 情，董 事 就 本 公 告 共 同 及 個 別 承 擔 全 部 責 任。董 事 在 作 出 ...