中国动向(03818)发布公告，刘晓松先生已辞任独立非执行董事、董事会薪酬委员会主席、董事会审核 委员会成员及董事会提名委员会成员，自2025年12月31日生效，以便投放更多时间于个人事务。 ...

格隆汇12月31日丨中国动向(03818.HK)发布公告，刘晓松已辞任独立非执行董事、薪酬委员会主席、审 核委员会成员及提名委员会成员，自2025年12月31日生效，以便投放更多时间于个人事务。 ...

智通财经APP讯，中国动向(03818)发布公告，刘晓松先生已辞任独立非执行董事、董事会薪酬委员会主 席、董事会审核委员会成员及董事会提名委员会成员，自2025年12月31日生效，以便投放更多时间于个 人事务。 ...

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。 China Dongxiang (Group) Co., Ltd. 中 國 動 向（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：3818） 獨立非執行董事辭任 獨立非執行董事辭任 中國動向（集團）有限公司董事會（分別為「本公司」、「董事」及「董事會」）宣佈，劉曉 松先生（「劉先生」）已辭任獨立非執行董事、董事會薪酬委員會（「薪酬委員會」）主 席、董事會審核委員會（「審核委員會」）成員及董事會提名委員會（「提名委員會」）成 員，自二零二五年十二月三十一日生效，以便投放更多時間於個人事務。 未能符合上市規則 於劉先生辭任獨立非執行董事及不再出任董事委員會之職務後，董事會僅包括兩名 獨立非執行董事。因此，本公司無法符合(i)聯交所證券上市規則（「上市規則」）第 3.10(1)條所載規定的要求，即本公司必須有至少三名獨立非執行董事；(ii)上市規則 第3.21條所載規定的要求，即審 ...

China Dongxiang (Group) Co., Ltd. 中 國 動 向（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：3818） 董事名單與其角色和職能 高煜先生 唐松蓮女士 董事會設立5個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 委員會 | | | | | | --- | --- | --- | --- | --- | --- | | 董事 | 執行委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | 環境、社會及 管治委員會 | | 陳義紅先生 | C | | M | | | | 陳晨女士 | M | | | C | C | | 呂光宏先生 | M | | | | M | | 高煜先生 | | M | | M | | | 唐松蓮女士 | | C | M | | M | 附註： C 有關委員會主席 中國動向（集團）有限公司董事會（「董事會」）成員載列如下： 執行董事： 陳義紅先生 （主席） 陳晨女士 （首席執行官）（總裁）（聯席主席） 呂光宏先生 （首席財務官） 獨立非執行董事： M 有關委員會成員 2025年12月31日 ...

动向集团始终将产学研协同创新与产业链伙伴联动作为企业发展的重要战略支点。深知技术创新和资源 整合是推动行业进步的核心动力，积极构建开放、合作的生态平台，携手供应链上下游不断突破行业技 术边界。 今年11月，六部门印发《关于增强消费品供需适配性进一步促进消费的实施方案》。这一方案提出，以 消费升级引领产业升级，以优质供给更好满足多元需求，实现供需更高水平动态平衡。到2027年，消费 品供给结构明显优化；到2030年，供给与消费良性互动、相互促进的高质量发展格局基本形成，消费对 经济增长的贡献率稳步提升。 对于印花、染色、喷漆等高污染工序，动向集团会对供应商的操作流程进行细致审查，确保其符合国家 及地方的环保要求。如发现供应商存在环境违规行为，督促其立即整改，情节严重者则直接终止合作关 系。在此基础上，动向集团积极推动环保材料的应用，制定了针对化学品和胶水处理剂的管理制度，力 求最大限度减少有害化学品的使用和排放。 在供应链环境与社会责任管理方面，动向集团通过已积极开展温室气体范围三的管理和披露工作，以自 身行动带动价值链更多生态伙伴低碳转型。2024/2025财年，动向集团温室气体排放总量相较于上一财 年下降5 ...

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11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: 中國動向(集團)有限公司 呈交日期: 2025年12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) | 03818 | 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 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月 ...

Financial Performance - For the six months ended September 30, 2025, the company reported revenue of RMB 748 million, a slight decrease of 0.1% compared to RMB 749 million in the same period last year [10]. - Gross profit for the same period was RMB 511 million, down 1.0% from RMB 516 million, resulting in a gross margin of 68.3%, a decrease of 0.6 percentage points year-on-year [10]. - Operating profit increased by 27.8% to RMB 207 million, with the operating profit from the sports equipment segment in China rising by 30.0% to RMB 26 million [10]. - Profit attributable to equity holders was RMB 204 million, representing a significant increase of 48.9% compared to RMB 137 million in the previous year [10]. - Basic and diluted earnings per share were RMB 3.47, up 48.3% from RMB 2.34 year-on-year [10]. - The company declared an interim dividend and special interim dividend of RMB 2.08 per share, an increase of 48.6% from RMB 1.40 per share in the previous year [10]. - The group recorded a pre-tax profit of RMB 210 million, resulting in an income tax expense of RMB 6 million, with an effective tax rate of 2.9%, down from 14.9% in the previous period [62]. - The company reported a net profit of RMB 203,773 thousand for the six months ended September 30, 2025, compared to RMB 188,303 thousand in the previous year, marking an increase of approximately 8.2% [157]. Market and Economic Environment - The global economic growth forecast for 2025 was downgraded to 2.8% by the IMF, highlighting ongoing challenges in the international trade environment [11]. - In the first three quarters of 2025, China's GDP grew by 5.2% year-on-year, with retail sales of consumer goods reaching RMB 36.6 trillion, a 4.5% increase [28]. - The sports goods industry in China saw a retail sales growth of 22.2% year-on-year in the first half of 2025, supported by macro policies and market demand [30]. - The outdoor sports industry is projected to reach a total scale of 3 trillion yuan by 2025, driven by government policies and initiatives [32]. Brand Performance and Strategy - The total number of KAPPA brand stores reached 975 as of September 30, 2025, reflecting the company's commitment to enhancing its retail presence [14]. - KAPPA brand achieved a 22% year-on-year sales growth during the second quarter through effective promotional activities [35]. - The KAPPA brand's retro running shoes became a best-selling product, experiencing multiple reorders and sold out quickly [34]. - PHENIX brand deepened its presence in the Chinese market with high-performance ski products and a new active rescue system in collaboration with Beidou Satellite, set to launch in the 2025-2026 ski season [16][17]. - PHENIX brand launched the "PARS" satellite positioning active rescue system in collaboration with Beidou Satellite, with a product launch planned for the 2025-2026 snow season [37]. - KAPPA's footwear sales exceeded expectations, driven by the successful launch of the TIFO "Little Pink Shoes" and the return of the retro running shoes, with stable discount control and strong sell-out performance [41]. - KAPPA's accessory business showed steady growth, with successful products like the "Ice Skin Croissant" and improved operational efficiency through refined product development processes [42]. Investment and Financial Management - As of September 30, 2025, the group's investment net assets amounted to RMB 8,448 million, reflecting a 1% increase from March 31, 2025 [18]. - The group plans to continue optimizing its investment portfolio while maintaining a prudent approach to risk management [18]. - The group is actively responding to the government's call for sustainable development, establishing a high-standard ESG management system [19]. - The group aims to enhance communication with investment fund managers to ensure timely and reasonable exits from invested projects [18]. - The group maintains a positive outlook on the Chinese sportswear market, driven by structural resilience and government support, with plans to innovate and optimize its business model [45]. - The group emphasizes a cautious investment strategy, focusing on optimizing asset structures and ensuring timely exits from investment projects to provide stable returns to shareholders [45]. - The group has a diversified investment portfolio, including private equity funds, cash equivalents, and listed securities, totaling approximately RMB 82 billion as of September 30, 2025 [79]. Risk Management - The group emphasizes risk management with a comprehensive risk assessment and management system for investment projects [85]. - Regular risk assessments are conducted quarterly, semi-annually, and annually to monitor key indicators and adjust risk levels accordingly [90]. - The group employs a diversified investment strategy to mitigate risks associated with reliance on single counterparties [87]. - Financial monitoring of invested companies is conducted at least biannually to assess financial status and potential risks [92]. Corporate Governance and Compliance - The company has complied with all corporate governance codes as per the Hong Kong Stock Exchange listing rules [125]. - The audit committee, consisting of three independent non-executive directors, reviewed the effectiveness of internal controls and risk assessments for the six months ending September 30, 2025 [127]. - The company has adopted the standard code for securities transactions by directors and confirmed compliance for the six months ending September 30, 2025 [126]. Shareholder and Equity Management - The company has maintained a cumulative dividend payout of RMB 8.13 billion since its listing, with a cumulative payout ratio of 87% [13]. - The company implemented a share incentive plan for management, issuing a total of 202,310,000 shares at a subscription price of HKD 1.35 per share, representing a discount of approximately 9.40% from the market price [68]. - The company issued 9,000,000 shares to a management member at a subscription price of HKD 1.29 per share, reflecting a discount of about 9.8% from the market price [69]. - The company has not entered into any arrangements that would allow directors or their family members to benefit from purchasing shares or bonds of the company [110]. - The company has a clear strategy for stock option grants, aligning employee incentives with company performance [116].

EF001 免責聲明 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 中國動向（集團）有限公司 | | 股份代號 | 03818 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 宣派截至二零二五年九月三十日止六個月的中期特別股息 | | 公告日期 | 2025年11月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 特別股息 | | 財政年末 | 2026年3月31日 | | 宣派股息的報告期末 | 2025年9月30日 | | 宣派股息 | 每 股 0.0104 RMB | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.0114 HKD | | 匯率 ...

Core Viewpoint - China Dongxiang (03818) announced that it will distribute an interim dividend of HKD 0.0104 per share for the six months ending September 30, 2025, payable on December 23, 2025 [1] Summary by Relevant Sections - Dividend Announcement - The company will pay an interim dividend of HKD 0.0104 per share [1] - The dividend is for the six-month period ending September 30, 2025 [1] - Payment date is set for December 23, 2025 [1]