FF301 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: 恒基兆業發展有限公司 呈交日期: 2025年9月4日 I. 法定/註冊股本變動 不適用 II. 已發行股份及/或庫存股份變動 | 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) | 00097 | 說明 | | | | | | | | | 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 | | | 3,047,327,395 | | 0 | | 3,047,327,395 | | 增加 / 減少 (-) | | | | 0 | 0 | | | | 本月底結存 | | | 3,047,327,395 | | 0 | | 3,047,327,3 ...

Core Viewpoint - Guilin Tourism has signed acquisition agreements to purchase 100% equity of two companies, enhancing its digital tourism strategy and industry chain collaboration, marking a significant step in building a comprehensive tourism ecosystem [1] Group 1: Acquisition Details - The acquisition involves Guangxi Lisheng Tourism Development Co., Ltd. and Guangxi Scenic Area Tong Tourism Development Co., Ltd. [1] - This move aims to improve the digital ticketing system and strengthen industry chain synergy, injecting new momentum into the smart cultural tourism platform [1] - The acquisition will facilitate efficient allocation of scenic resources and enhance visitor experience through a unified and dynamic ticketing system [1] Group 2: Financial Performance - For the first half of 2025, Guilin Tourism reported revenue of 197 million yuan, a year-on-year increase of 0.33% [2] - Operating profit reached 7.55 million yuan, an increase of 25.87 million yuan year-on-year, while net profit attributable to shareholders was 8.01 million yuan, up by 27.10 million yuan [2] - The company welcomed approximately 1.48 million visitors to its scenic spots, a growth of about 3.09%, and 338,200 visitors for the Li River cruise business, up by 1.62% [2] Group 3: Strategic Initiatives - The company is focused on a development strategy of "stabilizing existing stock, promoting activity, and expanding new growth" [2] - It has implemented a strategy of "one core, one optimization, two wings, and three expansions" to innovate and attract more tourists [2] - The company has also emphasized the importance of reforming and strengthening internal control systems to enhance overall operational management capabilities [3]

Core Viewpoint - Hengji Development (00097) experienced a significant intraday increase of 21.95%, reaching a price of 0.25 HKD per share as of 11:15 AM, with a trading volume of 4.98 million HKD [1] Company Overview - Hengji Development is a subsidiary of the leading real estate development group, Hengji Zhaoye Development Co., Ltd. in Hong Kong [1] - The primary business of Hengji Development includes the retail operations of "Citistore," which was acquired on December 1, 2014 [1] Financial Performance - As of the mid-year report in 2025, Hengji Development reported total revenue of 675 million HKD and a net profit of -37.39 million HKD [1]

Core Insights - *ST Zhongji (000972.SZ) reported a total operating revenue of 245 million yuan for the first half of 2025, a decrease of 196,200 yuan or 0.08% compared to the same period last year [1] - The company recorded a net profit attributable to shareholders of -74.70 million yuan, a decline of 86.50 million yuan or 733.00% year-on-year [1] - Operating cash flow showed a net outflow of 101 million yuan, down 145 million yuan or 331.95% from the same period last year [1] Financial Performance - As of June 30, 2025, the asset-liability ratio stood at 106.80%, an increase of 5.26 percentage points from the previous quarter and up 26.44 percentage points year-on-year [3] - The gross profit margin was -3.76%, a decrease of 21.83 percentage points from the previous quarter and down 21.07 percentage points compared to the same period last year [3] - The diluted earnings per share were -0.10 yuan, a decrease of 0.11 yuan or 733.33% year-on-year [3] - Total asset turnover ratio was 0.16 times, down 0.05 times or 23.56% year-on-year [3] - Inventory turnover ratio was 0.30 times, a decrease of 0.07 times or 19.24% compared to the same period last year [3] Shareholder Structure - The number of shareholders was 25,300, with the top ten shareholders holding 377 million shares, accounting for 48.85% of the total share capital [3] - The largest shareholder is Xinjiang Production and Construction Corps Sixth Division State-owned Assets Management Co., Ltd., holding 16.18% [3] - Other significant shareholders include Xinjiang Guoheng Investment Development Group Co., Ltd. at 12.97% and Xinjiang Production and Construction Corps Investment Co., Ltd. at 6.50% [3]

Group 1 - The stock of Hengji Development (00097) rose by 16.18% on August 22, reaching HKD 0.201 per share with a transaction volume of HKD 1.8341 million [1] - Hengji Development is a subsidiary of the leading real estate development group, Hengji Zhaoye, and its main business includes the retail operation "Citistore," acquired on December 1, 2014 [1] - As of the mid-year report for 2025, Hengji Development reported total revenue of HKD 675 million and a net profit of -HKD 37.39 million [1] Group 2 - For the fiscal year 2025 mid-year report, the attributable profit to shareholders was -HKD 41 million, representing a year-on-year increase of 40.58%, with basic earnings per share at -HKD 0.013 [2]

Core Viewpoint - ST Zhiyun (300097.SZ) reported a significant decline in revenue and a net loss for the first half of 2025, indicating financial challenges for the company [1] Financial Performance - The company achieved operating revenue of 89.13 million yuan, a year-on-year decrease of 63.59% [1] - The net profit attributable to shareholders of the listed company was -106 million yuan, marking a shift from profit to loss compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -107 million yuan [1] - Basic earnings per share were -0.37 yuan [1]

Company Performance - Hengji Development (00097) reported a revenue of HKD 740 million for the first half of 2025, representing a year-on-year decrease of 4.15% [1] - The company recorded a loss attributable to shareholders of HKD 41 million, which is a reduction of 40.58% compared to the previous year [1] - The basic loss per share was HKD 0.013 [1] Industry Context - The central government resumed and expanded the "one visa multiple entries" personal travel visa for Shenzhen residents at the end of last year, which is expected to boost tourism [1] - The Kai Tak Sports Park opened in March this year, leading to more international events and large-scale activities in Hong Kong, aimed at attracting domestic and international tourists [1] - Despite these efforts, local consumers are increasingly spending on entertainment and shopping in mainland China, putting continued pressure on Hong Kong's retail sector [1] - According to government statistics, the overall value of retail sales in Hong Kong decreased by 3.3% in the first half of 2025 compared to the same period last year, although the sales value of supermarkets (including those within department stores) saw a slight increase of 0.6% [1]

Company Performance - The company, 恒基发展, reported a revenue of HKD 740 million for the first half of 2025, representing a year-on-year decrease of 4.15% [1] - The company's loss attributable to shareholders was HKD 41 million, which is a 40.58% reduction compared to the previous year [1] - The basic loss per share was HKD 0.013 [1] Industry Context - The central government resumed and expanded the "one visa multiple entries" policy for Shenzhen residents traveling to Hong Kong at the end of last year, which is expected to boost tourism [1] - The Kai Tak Sports Park opened in March this year, leading to more international events and large-scale activities in Hong Kong, aimed at attracting domestic and international tourists [1] - Despite these efforts, local retail sales continue to face pressure, with the overall value of retail sales in Hong Kong declining by 3.3% in the first half of 2025 compared to the same period last year [1] - Supermarkets, including those within department stores, saw a slight increase in sales value of 0.6% year-on-year [1]

Core Viewpoint - The company reported a loss of HKD 41 million for the six months ending June 30, 2025, an improvement from a loss of HKD 69 million in the same period last year, indicating a positive trend in financial performance [1] Group 1: Financial Performance - The company's loss attributable to shareholders for the first half of 2025 was HKD 41 million, compared to a loss of HKD 69 million in the previous year [1] - The loss per share decreased to HKD 1.3 cents from HKD 2.3 cents in 2024, reflecting an improvement in financial results [1] Group 2: Business Operations - The company operates primarily through two wholly-owned subsidiaries: Citistore (Hong Kong) Limited, which runs five "千色Citistore" department stores and one "C生活" home goods specialty store, and Unicorn Stores (HK) Limited, which operates two "APITA" or "UNY" department stores and two "UNY" supermarkets [1] - The company has been integrating the operations of Citistore and Unicorn over the years to achieve better operational synergy and efficiency [1] Group 3: Customer Loyalty Programs - The "CUAPP" membership loyalty program of Citistore and Unicorn was integrated with the "H•COINS" loyalty program of the parent company, benefiting 860,000 members with a more convenient shopping experience [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佈的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 二零二五年中期業績公佈 董事局主席報告 中期業績及股息 集團截至二零二五年六月三十日止六個月，股東應佔(未經審核)虧損為港幣四千 一百萬元，對比去年同期錄得虧損港幣六千九百萬元。每股虧損為港幣1.3仙 (二零 二四年：港幣2.3仙)。 由於期內錄得虧損，董事局宣佈不派發中期股息(二零二四年：無)。 1 業務回顧 中央政府於去年年底恢復並擴展深圳居民赴港「一簽多行」個人遊簽注；加上啟德體 育園於本年三月啟用後，本港積極舉辦更多國際盛事及大型活動，吸引國內外旅客來 港消費。然而，港人熱衷北上消費娛樂，令本港零售業持續受壓。據政府統計處資料 顯示，本港零售業整體總銷貨價值於二零二五年上半年較去年同期下跌 3.3%，當中超 級市場（包括百貨公司內之超市部門）貨品之銷貨價值較去年同期輕微上升 0.6%。 集團業務主要透過以下兩家全資附屬公司營運： (i) Citistore (Hong Kong) Limited ...