Core Viewpoint - 荣利营造 (09639.HK) reported a significant decline in financial performance for the six months ending September 30, 2025, with revenues dropping by 37% year-on-year, primarily due to reduced contributions from civil engineering projects [1] Financial Performance Summary - The company achieved revenues of HKD 252 million, a decrease of 37.0% compared to the previous year [1] - Gross profit was HKD 52.149 million, reflecting a 35.0% year-on-year decline [1] - Profit attributable to owners was HKD 19.21 million, down 48.8% year-on-year [1] - Basic and diluted earnings per share were HKD 0.02 [1] Revenue Decline Factors - The decrease in revenue was mainly attributed to a reduction of approximately HKD 164.3 million in civil engineering revenues [1] - Contributing factors included the nearing completion of several civil projects, leading to a gradual reduction in revenue contribution, and other recently awarded civil projects being in the preliminary stages, resulting in no revenue recognition during the reporting period [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 252,432,000, a decrease of 37.0% compared to HKD 400,813,000 in the same period last year[4] - Gross profit for the same period was HKD 52,149,000, down 35.0% from HKD 80,278,000[4] - Operating profit decreased by 48.3% to HKD 25,055,000 from HKD 48,465,000 year-on-year[4] - Profit before tax fell by 50.8% to HKD 23,129,000 compared to HKD 46,988,000 in the previous period[4] - Net profit for the period was HKD 19,210,000, a decline of 48.8% from HKD 37,541,000[4] - Basic and diluted earnings per share were HKD 0.02, down 60.0% from HKD 0.05[4] - The adjusted profit before tax for the six months ended September 30, 2025, was HKD 52,149 thousand, down 35% from HKD 80,278 thousand in the same period of 2024[25] - Total operating expenses for the six months ended September 30, 2025, were HKD 77,702 thousand, slightly down from HKD 79,602 thousand in 2024[27] - Financial costs for the six months ended September 30, 2025, amounted to HKD 1,926 thousand, an increase from HKD 1,477 thousand in the previous year[28] - The income tax expense for the six months ended September 30, 2025, was HKD 3,919 thousand, compared to HKD 9,447 thousand in 2024[29] - The actual tax rate for the reporting period was approximately 16.9%, down from 20.1% in the previous period, primarily due to non-deductible listing expenses in the prior period[56] - The net profit for the period decreased by approximately HKD 18.3 million or 49% to about HKD 19.2 million compared to the previous period[57] Revenue Breakdown - The civil engineering segment generated revenue of HKD 139,508 thousand, down 54% from HKD 303,812 thousand year-over-year[22][23] - The electromechanical engineering segment reported revenue of HKD 95,382 thousand, an increase of 18% from HKD 80,728 thousand in the previous year[22][23] - The renewable energy segment achieved revenue of HKD 11,160 thousand, up 12.5% from HKD 9,923 thousand year-over-year[22][23] - The civil engineering business recorded revenue of approximately HKD 139.5 million, a decrease of HKD 164.3 million or 54% year-on-year, primarily due to several projects nearing completion[45] - The electromechanical engineering revenue was approximately HKD 95.4 million, an increase of HKD 14.7 million or 18%, mainly due to the activation of an 8-year main contract for cable trench excavation and laying[46] - The group's renewable energy business generated approximately HKD 11.2 million in revenue, an increase of HKD 1.2 million or 12% compared to the same period last year[44] - The overall revenue decreased by approximately HKD 148.4 million or 37% to about HKD 252.4 million, mainly due to the decline in civil engineering revenue[52] Assets and Liabilities - Non-current assets increased to HKD 167,477,000 as of September 30, 2025, from HKD 155,569,000 as of March 31, 2025[8] - Current assets totaled HKD 443,408,000, up from HKD 413,647,000 as of March 31, 2025[8] - Total liabilities increased to HKD 240,004,000 from HKD 217,623,000[9] - Net assets attributable to equity holders rose to HKD 370,881,000 from HKD 351,593,000[9] - Trade receivables increased to HKD 44,674,000 as of September 30, 2025, compared to HKD 24,545,000 as of March 31, 2025, representing an increase of 81.9%[34] - The net value of contract assets as of September 30, 2025, was HKD 331,341,000, up from HKD 270,693,000 as of March 31, 2025, indicating a growth of 22.4%[36] - The company's cash and cash equivalents were approximately HKD 38.1 million as of September 30, 2025, down from HKD 93.7 million as of March 31, 2025[59] - The current ratio as of September 30, 2025, was approximately 2.15, compared to 2.10 as of March 31, 2025[60] - The debt-to-equity ratio was approximately 24.5% as of September 30, 2025, up from 20.5% as of March 31, 2025[61] - The net current assets were HKD 237.2 million as of September 30, 2025, an increase from HKD 216.7 million as of March 31, 2025[62] Shareholder Information - The company declared an interim dividend of approximately HKD 30,000,000 for the period ending March 31, 2024, with HKD 23,637,000 settled in cash and HKD 6,363,000 offset against receivables[30] - For the six months ending September 30, 2025, the profit attributable to the company's owners was HKD 19,210,000, a decrease of 48.9% from HKD 37,541,000 in the same period of 2024[32] - The basic earnings per share for the six months ending September 30, 2025, was HKD 0.02, down from HKD 0.05 in the previous year[32] - The company has a total of 1,500,000,000 shares issued as of September 30, 2025, following a capital increase and capitalization issuance[39] - No interim dividend has been recommended by the board for the reporting period[77] Strategic Initiatives - The company aims to become a pioneer in green infrastructure in Hong Kong, actively pursuing renewable energy projects to promote sustainable development[42] - The company is focusing on the dual-driven business strategy of "new energy + green building" to leverage its competitive advantages in a changing market[42] - The group anticipates that the renewable energy business will become a growth engine, driven by government support and the establishment of the "Zero Carbon Smart Alliance" for comprehensive solutions in the renewable sector[47] - The group plans to actively participate in large-scale construction projects and bidding to achieve stable profit growth, leveraging the government's commitment to infrastructure development[49] - The group aims to enhance its competitiveness in the renewable energy sector through collaboration with industry leaders and the integration of advanced technologies[48] Capital Expenditures and Funding - Capital expenditures during the reporting period were approximately HKD 34.1 million, compared to HKD 20.3 million in the previous period[65] - The company successfully raised approximately HKD 150,000,000 from the public offering of 250,000,000 shares at HKD 0.73 per share, after deducting underwriting fees and related expenses[41] - The net proceeds from the listing are planned to be used as follows: 45% for purchasing more machinery and equipment (HKD 67.5 million), 35% for pre-project costs (HKD 52.5 million), and 10% for general working capital (HKD 15 million) by September 30, 2025[74] - The planned use of net proceeds includes HKD 48.4 million remaining for machinery and equipment purchases, with a timeline for full utilization by June 2026[74] - The procurement of 4S and enterprise planning systems has utilized HKD 6.5 million, with HKD 1 million remaining, expected to be fully used by March 2026[74] Employee Information - As of September 30, 2025, the total employee cost (including director remuneration) was approximately HKD 77.7 million, a decrease from HKD 79.6 million in the previous period[75] - The company has 417 employees as of September 30, 2025, an increase from 411 employees as of March 31, 2025[75] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim financial information and confirmed compliance with applicable accounting standards and regulations[78] - The company did not purchase, sell, or redeem any of its listed securities during the six months ending September 30, 2025[76] - The company’s headquarters and main business location changed to TML Plaza, Room C, 30th Floor, 3 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong, effective October 27, 2025[79] - The company has not issued, exercised, canceled, or expired any share options or shares under the share incentive plan since its adoption[75]

Core Viewpoint - The company, Rongli Construction (09639.HK), anticipates a significant decline in shareholder profit for the six months ending September 30, 2025, projecting a profit of no more than HKD 20 million, which represents a decrease of approximately 47% compared to HKD 37.54 million in the same period of 2024 [1] Group 1 - The expected decline in shareholder profit is primarily attributed to increased sales and marketing expenses in the new energy business [1] - Several construction projects are nearing completion, resulting in most of the related revenue and profit being recognized prior to this period [1] - Other recently awarded contract projects are in the initial stages, with no profit recognized during this period [1] Group 2 - The company believes that the forward-looking initiatives for the initial stage construction projects will support sustainable and long-term growth [1] - Although the company's efforts have not yet fully materialized, the board is confident that these resources will lay a solid foundation for the company's future [1]

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，概不對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。 Wing Lee Development Construction Holdings Limited 榮利營造控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9639） 本公告所載資料僅以現時可得對本集團該期間未經審計綜合管理賬目的初步 評估為依據，尚未經本公司審核委員會審閱，亦未經本公司核數師審核或審閱。 因此，本集團該期間的實際業績可能會作出調整，故可能有別於本公告所載的 資料。預期本集團該期間的中期業績將於2025年11月底發佈。股東及潛在投資 者務請在本公司的中期業績公告刊發後細閱該公告。 股東及潛在投資者於買賣本公司股份時，務請審慎行事。 承董事會命 榮利營造控股有限公司 主席兼執行董事 內幕消息 — 截至2025年9月30日止六個月的財務資料更新 本公告乃由榮利營造控股有限公司（「本公司」）董事（「董事」）會（「董事會」）根 據香港聯合交易所有限公司（「聯交所」）證券上市規則（「 ...

格隆汇11月14日丨荣利营造(09639.HK)公告，谨定于2025年11月26日(星期三)举行董事会会议，以考虑 及通过刊发截至2025年9月30日止的6个月中期业绩，以及考虑派发中期股息(如有)。 ...

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。 Wing Lee Development Construction Holdings Limited 榮利營造控股有限公司 香港，2025年11月14日 （於開曼群島註冊成立的有限公司） （股份代號：9639） 於本公告日期，本公司執行董事為姚宏利先生、姚宏隆先生及陳魯閩先生；及獨立非執行董 事為尚海龍先生、符合先生及徐靜女士。 董事會會議通告 榮利營造控股有限公司（「本公司」及其附屬公司「本集團」）董事會（「董事會」） 茲通告謹定於2025年11月26日（星期三）舉行董事會會議，以考慮及通過本集團 刊發截至2025年9月30日止的六個月中期業績，以及考慮派發中期股息（如有）。 承董事會命 榮利營造控股有限公司 主席兼執行董事 姚宏利 ...

每经AI快讯，荣利营造(09639.HK)高开近15%，截至发稿，涨14.79%，报1.63港元，成交额30.97万港 元。 （文章来源：每日经济新闻） ...

Core Viewpoint - Rongli Construction (09639) has announced a significant strategic initiative by entering into a memorandum of understanding with global renewable energy leader CATL (300750.SZ, 03750) to collaborate in the green energy sector, marking a pivotal shift from a construction contractor to a green technology service provider [1] Group 1: Strategic Partnership - The partnership will focus on engineering design, procurement, and construction of energy storage systems, aiming to build a global network for renewable energy application solutions [1] - Rongqi New Energy, a non-wholly owned subsidiary of Rongli Construction, holds a 70% stake and is positioned as a key player in tapping into the green energy market [1] Group 2: Market Expectations - The collaboration is expected to leverage CATL's technological and resource advantages, allowing Rongli Construction to establish a leading position in the integrated "new energy + construction" solution sector in Hong Kong and the Greater Bay Area [1] - This strategic move opens up access to a trillion-dollar green energy market for Rongli Construction in the long term [1]

Core Viewpoint - Rongli Construction (09639) has announced a significant strategic move by entering into a memorandum of understanding with global renewable energy leader CATL (300750) to collaborate in the green energy sector, marking a key milestone in its transformation from a construction contractor to a green technology service provider [1] Group 1: Strategic Partnership - The partnership will focus on engineering design, procurement, and construction of energy storage systems, aiming to build a global network for renewable energy application solutions [1] - Rongqi New Energy, a non-wholly owned subsidiary of Rongli Construction, holds a 70% stake and will serve as a crucial lever for the company to tap into the green energy market [1] Group 2: Market Expectations - The collaboration is expected to leverage CATL's technological and resource advantages, allowing Rongli Construction to quickly establish a leading position in the integrated "new energy + construction" solution sector in Hong Kong and the Greater Bay Area [1] - This strategic initiative opens the door for Rongli Construction to access the trillion-dollar green energy market in the long term [1]

Major Events - Hong Kong Stock Exchange (00388) plans to make a strategic investment in Xunqing Settlement Holdings Limited [1] - Lai Kai Pharmaceutical-B (02105) signs an exclusive licensing agreement with Qilu Pharmaceutical for LAE 002 (AFURESERTIB) in China [1] - TECHSTARACQ-Z (07855) is expected to inherit the company Tuda Tong's listing on the main board of the Stock Exchange on December 10 [1] - Superstar Legend (06683) intends to establish a joint venture with Yushu Technology to develop consumer-grade IP robots and IP derivative products [1] - Beijing Enterprises Holdings (00392) plans to acquire 100% equity of Beijing Beiran Special Equipment Inspection and Testing Co., Ltd. for 54.6 million yuan [1] - CSPC Pharmaceutical Group (01093) has its application for the marketing of Pertuzumab Injection accepted by the National Medical Products Administration [1] - Rongli Construction (09639) plans to collaborate with CATL to develop efficient energy storage systems and solutions [1] Operating Performance - BeiGene (06160) reports a net profit attributable to shareholders of 1.139 billion yuan for the first three quarters, turning from loss to profit year-on-year [1] - Tencent Music-SW (01698) reports a net profit attributable to equity holders of 2.15 billion yuan in the third quarter, a year-on-year increase of 36.0% [1] - Zhou Li Fu (06168) sees a 32% year-on-year increase in e-commerce revenue for the first ten months, with net profit rising 71% year-on-year [1] - China Resources Land (01109) reports a cumulative contract sales amount of approximately 169.6 billion yuan for the first ten months, a year-on-year decrease of 16.6% [1]