Financial Performance - The audited revenue for the fiscal year ending December 31, 2024, was HKD 28.918 billion, a decrease of 11.6% compared to the previous year[16]. - The audited net profit for the same period was HKD 2.808 billion, representing an 18.0% decline year-on-year[16]. - Shareholders' profit attributable to the company was HKD 2.808 billion, down 18.0% compared to the previous year, primarily due to a significant reduction in revenue from property handovers[45]. - The total net profit for the group was HKD 1.081 billion, a decrease of 12.3% year-on-year, while toll revenue increased slightly by 0.2% to HKD 2.029 billion[49]. - The company reported a total operating revenue of HKD 12.44 billion, an increase of 56.4% compared to the previous year[71]. - The net loss for the year was RMB 291 million, a shift from profit in the previous year[70]. - The profit attributable to the company's owners was HKD 2,807,653, down 18.0% from HKD 3,423,695 in the previous year[86]. - The basic earnings per share decreased to HKD 2.582, a decline of 18.0% from HKD 3.149 in 2023[86]. Sector Performance - The infrastructure and environmental business generated a profit of HKD 2.629 billion, an increase of 13.3%, primarily due to a gain of HKD 863 million from the sale of equity related to the Hangzhou Bay Bridge[17]. - The health sector contributed a profit of HKD 54.23 million, with the pharmaceutical group achieving revenue of RMB 274.693 billion, a year-on-year increase of 5.47%[17]. - The real estate sector faced significant challenges, reporting a loss of HKD 236 million, a shift from profit due to reduced revenue from property handovers[18]. - The consumer goods sector contributed a profit of HKD 643 million, reflecting a substantial increase of 71.8% year-on-year[18]. - The tobacco segment recorded a revenue of HKD 2.182 billion, representing a year-on-year growth of 20.2%, with net profit increasing by 86.0% to HKD 560 million[81]. Dividend and Shareholder Returns - The total proposed dividend for the year is HKD 0.94 per share, maintaining the same level as the previous year, with a payout ratio of 36.4%[17]. - The company maintained a dividend payout ratio of 36.4%, up from 30% in the previous year, with total dividends per share remaining at HKD 0.94[98]. Strategic Focus and Market Position - The company is focusing on expanding its market share in water treatment and resource utilization, aiming to solidify its leading position in China's water and environmental industry[17]. - The company continues to implement its strategy centered around the Yangtze River Delta economic region, despite market fluctuations[18]. - The company plans to continue expanding its core businesses while actively exploring new business opportunities and international markets[25]. - The company aims to enhance operational efficiency and quality through the integration of new information technologies in water management, with a benchmark sewage treatment project set to commence commercial operations in January 2025[22]. Government and Policy Impact - The environmental sector is expected to benefit from ongoing government policies promoting carbon reduction and green transformation, providing significant development opportunities[22]. - The company anticipates ongoing support from the government for green infrastructure and sustainable development, which will expand industry growth opportunities[32]. - The Chinese economy is projected to grow by 5% in 2024, with favorable policies for the environmental industry expected to improve cash flow and create significant development opportunities[55]. Corporate Governance and Management - The board is committed to enhancing corporate governance to improve management efficiency and operational effectiveness[111]. - The company has established a board diversity policy to ensure a balance of skills, experience, and perspectives among board members[117]. - The company has implemented a procedure for directors to seek independent professional advice to assist in fulfilling their responsibilities[123]. - The company has a remuneration committee that reviews and sets the remuneration of directors based on market standards[126]. - The company has established a code of conduct for securities trading, which all directors and relevant employees confirmed compliance with in 2024[128]. Operational Efficiency and Risk Management - The company aims to enhance product delivery capabilities and quality service assurance while optimizing organizational structure and operational systems for future growth[84]. - The company maintains a risk management and internal control system, with internal audits conducted on a rolling three-year basis[153]. - The company has implemented significant risk management measures[70]. Employee and Leadership - The company has a total of 19,561 employees as of December 31, 2024, with a gender ratio of 58:42, indicating a reasonable balance in gender diversity[117]. - The company emphasizes the importance of experienced leadership in driving strategic initiatives and operational efficiency[176][180][181]. Investment and Financial Position - The total asset value of the company reached HKD 168.5 billion as of December 31, 2024[39]. - The total borrowings amount to approximately HKD 59.49 billion, with 65.6% being unsecured credit facilities, a decrease from 77.5% in the previous year[102]. - The group holds bank deposits and cash equivalents totaling HKD 28.51 billion, an increase from HKD 27.79 billion the previous year[106].

Summary of the Conference Call Company and Industry Overview - The conference call pertains to a listed company involved in multiple sectors including infrastructure, environmental protection, health, real estate, and consumer goods [1][2][3]. Key Financial Performance - The company reported a decline in overall profits, primarily due to a significant drop in revenue from the real estate sector, which recorded a loss of 236 million RMB [3][6]. - Infrastructure and environmental protection business generated a profit of 2.629 billion HKD, an increase of 13.3% year-on-year, contributing 85.1% to the company's net profit [2][3]. - Consumer goods business saw a substantial profit increase of 71.8%, contributing 6.43 billion HKD to the overall profit [3][20]. Business Segment Insights - Real estate sector faced challenges with a 40% drop in sales, leading to a significant negative impact on overall performance [7][8]. - The company is focusing on core urban areas for real estate development, particularly in first-tier cities, and is exploring new business models such as long-term rental apartments [9][11]. - The consumer goods segment, particularly tobacco, is experiencing a recovery post-pandemic, with a strong emphasis on international market expansion [3][21]. Strategic Outlook - The company aims to enhance operational efficiency and accelerate digital transformation in its infrastructure projects [4]. - Future strategies include optimizing real estate asset management and exploring innovative product launches in the consumer goods sector [4][10]. - The management is cautious about the real estate market and is implementing a prudent approach to asset valuation and impairment [6][19]. Market Conditions and Challenges - The overall economic environment for 2024 is expected to be complex, with ongoing challenges in the real estate market impacting financial performance [1][6]. - The management anticipates significant challenges ahead but remains committed to strategic optimization and focusing on green and health-oriented initiatives [7][19]. Additional Considerations - The company is exploring potential capital operations and business layouts to improve financial stability and performance [19][20]. - There is a focus on enhancing the management capabilities in commercial operations and exploring REITs for real estate assets [11][13]. - The company is also investing in biotechnology and environmental health sectors through partnerships and funds to align with future growth opportunities [17][18]. Conclusion - The conference highlighted the company's resilience in navigating a challenging market while focusing on strategic growth areas and operational improvements across its diverse business segments [1][25].

（於香港註冊成立之有限公司） （股份代號：363） 根據上市規則第 14.36 條刊發的公告 修訂可交換債券的條款及條件 本公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 14.36 條刊發。 茲提述上海實業控股有限公司（「本公司」）日期為二零二三年十月五日有關本公司認購由 臻達發展有限公司（「臻達」）發行總金額為 1,637,000,000 港元的可交換債券（「可交換債 券」）的公告（「可交換債券公告」）。除另有界定者外，本公告所用詞彙與可交換債券公 告所界定者具有相同涵義。認購可交換債券事項已於二零二三年十月十九日完成。 於二零二五年四月九日（交易時段後），本公司與臻達及李女士在考慮各方的實際情況後， 經公平磋商及相互協定而訂立修訂協議（「修訂協議」），據此可交換債券的若干條款有所 改動（「可交換債券之修訂」），並於下文作更具體的說明。 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之內容概不負責，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倚賴該等內容而引致之任何損失承擔任 何責任。 I. 臻達自願提前贖回 1 (1) 臻達可於可交換 ...

EF001 其他信息 其他信息 不適用 發行人董事 於本公告日期，本公司董事會成員包括四位執行董事，分別為冷偉青女士、張芊先生、姚嘉勇先生及徐有利先生；兩位獨立非執行 董事，分別為梁伯韜先生及袁天凡先生。 第 2 頁 共 2 頁 v 1.1.1 | 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 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 | 上海實業控股有限公司 | | 股份代號 | 00363 | | 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 | 截至二零二四年十二月三十一日止的末期股息 | | 公告日期 | 2025年3月27日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 ...

Financial Performance - The audited revenue for the year ended December 31, 2024, was HKD 28.918 billion, a decrease of 11.6% compared to the previous year, with a net profit of HKD 2.808 billion, down 18.0% year-on-year[3]. - The company's revenue for the year ending December 31, 2024, was approximately HKD 28.91 billion, a decrease of 11.6% compared to the previous year due to reduced property sales[72]. - The net profit attributable to the owners of the company for 2024 was HKD 2,807,653,000, compared to HKD 3,423,695,000 in 2023, representing a decline of 18%[64]. - The company reported a total comprehensive income of HKD 402,982 for 2024, down from HKD 1,886,077 in 2023[48]. - The net profit for the year was HKD 3,002,324, representing a decline of 33.5% compared to HKD 4,525,667 in 2023[48]. - Gross profit for the same period was HKD 7,901,102, down 38.1% from HKD 12,789,693 in 2023[47]. - The overall gross profit margin decreased by 11.8 percentage points compared to 2023, mainly due to a higher proportion of lower-margin property projects in revenue[76]. Dividends - The company proposed a final dividend of HKD 0.52 per share, maintaining the total annual dividend at HKD 0.94 per share, with a payout ratio of 36.4%[3]. - The total dividend for 2024 is proposed at HKD 0.94 per share, maintaining the same level as 2023, with a payout ratio of 36.4% compared to 30% in the previous year[76]. Business Segments - The infrastructure and environmental business reported a profit of HKD 2.629 billion, an increase of 13.3%, primarily due to the sale of equity related to the Hangzhou Bay Bridge REIT, contributing approximately 85.1% to the group's net profit[4]. - The group’s toll roads reported a total net profit of HKD 1.081 billion, a decrease of 12.3%, with toll revenue of HKD 2.029 billion, a slight increase of 0.2%[8]. - The consumer goods segment contributed HKD 643 million to profits, a 71.8% increase year-on-year, representing approximately 20.8% of the group's net profit[27]. - The real estate business reported a loss of HKD 236 million in 2024, a significant decline from profitability in the previous year, accounting for approximately -7.7% of the group's net profit[23]. - The company reported a decrease in the revenue from the real estate segment, which fell to HKD 15,152,043,000 in 2024 from HKD 19,096,395,000 in 2023, a drop of 20.5%[61]. Growth and Expansion - The water and solid waste business experienced rapid growth, with ongoing efforts to seek quality investment projects in the environmental sector[11]. - The company added four new projects in Hubei, Shandong, Guangxi, and Hunan, with a total design processing capacity of 445,000 tons per day[13]. - Nanyang Tobacco's Malaysian production project achieved mass production this year, with sales increasing by 344.9% year-on-year, reflecting successful international market expansion efforts[29]. - The company plans to continue focusing on market expansion and new product development to drive future growth[61]. Market Conditions and Outlook - In 2024, China’s GDP is expected to grow by 5% as the economy continues to recover, with favorable policies for the environmental protection industry being introduced[14]. - Looking ahead to 2025, the company anticipates continued opportunities in the Chinese market driven by government support for consumption and environmental policies[33]. - The real estate sector is expected to remain under a loose policy environment, with the company closely monitoring government policies and market trends to adjust operational strategies accordingly[34]. Financial Position - Total assets as of December 31, 2024, were HKD 128,343,954, a decrease from HKD 131,886,956 in 2023[50]. - The total liabilities increased to HKD 90,219,363,000 in 2024 from HKD 101,851,509,000 in 2023, reflecting a reduction of 11.5%[62]. - The company’s total loans amounted to approximately HKD 59.49 billion as of December 31, 2024, an increase from HKD 58.69 billion in 2023, with 65.6% being unsecured credit[79]. - Current liabilities decreased to HKD 40,168,739 from HKD 47,424,656 in 2023, indicating improved liquidity management[50]. - Trade receivables increased to HKD 7.14 billion in 2024 from HKD 5.78 billion in 2023, with a provision for credit losses of HKD 376.35 million[68]. Operational Efficiency - The company is committed to enhancing its digital capabilities and improving production quality and cost control through technological innovation and capacity upgrades[36]. - The company plans to focus on enhancing product delivery capabilities and quality service assurance while optimizing organizational structure and integrating cross-regional business operations[31]. - Yongfa Printing is actively cultivating new business opportunities in niche markets, including supporting clients with new QR code requirements and providing anti-counterfeiting packaging technology[36]. Compliance and Standards - The group has adopted new Hong Kong Financial Reporting Standards (HKFRS) effective from January 1, 2024, including HKFRS 16 related to lease liabilities from sale and leaseback transactions[53]. - The group does not expect significant impact on its financial position and performance from the newly issued HKFRS and amendments that are not yet effective[55]. - The company has complied with all provisions of the Corporate Governance Code as of December 31, 2024[43].

( 於香港註冊成立之有限公司） (股份代號 : 363) 董事會召開日期 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.43 條作出。 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之內容概不負責，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倚賴該等內容而引致之任何損失承擔任 何責任。 香港，二零二五年三月十二日 於本公告日期，董事會成員包括︰ 執行董事： 冷偉青女士、張芊先生、姚嘉勇先生及徐有利先生 獨立非執行董事： 梁伯韜先生及袁天凡先生 上海實業控股有限公司（「本公司」）董事會（「董事會」）宣佈，本公司將於二零二五年三月 二十七日（星期四）召開董事會會議，藉以（其中包括）批准本公司及其附屬公司截至二零 二四年十二月三十一日止年度之全年業績公佈，以及考慮派發末期股息。 承董事會命 上海實業控股有限公司 公司秘書 余富熙 ...

董事會名單、角色和職能 上海實業控股有限公司董事會（「董事會」）現共有六名董事，每名董事的姓名、角色和職 能載列如下: （於香港註冊成立之有限公司） （股份代號：363） | | | | 董事委員會 | 執行 | 審核 | 薪酬 | 提名 | | --- | --- | --- | --- | --- | --- | --- | --- | | 董事會成員 | | | | 委員會 | 委員會 | 委員會 | 委員會 | | 執行董事 | | | | | | | | | 冷偉青女士 | | (董事長) | | C | - | - | - | | 張 | 芊先生 | (行政總裁) | | M | - | - | - | | 姚嘉勇先生 | | | | M | - | - | - | | 徐有利先生 | | (副行政總裁) | | M | - | - | - | | 獨立非執行董事 | | | | | | | | | 梁伯韜先生 | | | | - | C | M | M | | 袁天凡先生 | | | | - | M | M | M | 附註: 香港，二零二五年三月四日 C 董事委員會的主席 M 董事委員會的成員 ...

為符合《上市規則》規定，本公司將盡最大努力於實際可行之情況下，盡快且無論如何於二 零二五年三月二日後三個月內物色合適的人選填補獨立非執行董事、薪酬委員會及提名委員 會主席及審核委員會成員的職位空缺。 （於香港註冊成立之有限公司） （股份代號：363） 獨立非執行董事離世 上海實業控股有限公司（「本公司」）董事（「董事」）會（「董事會」）沉痛宣佈，本公 司獨立非執行董事、薪酬委員會（「薪酬委員會」）及提名委員會（「提名委員會」）主席 及審核委員會（「審核委員會」）成員吳家瑋教授（「吳教授」）於二零二五年三月二日離 世。 董事會謹此對已故吳教授在任期間對本公司作出之寶貴貢獻表示衷心感謝，並向其家人致以 深切慰問。 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之內容概不負責，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倚賴該等內容而引致之任何損失承擔任 何責任。 吳教授離世後，本公司未能滿足： 本公司將於適當時候刊發進一步公告。 承董事會命 上海實業控股有限公司 公司秘書 余富熙 香港，二零二五年三月四日 1 於本公告日期，董事會成員包括︰ 執行董事： 冷偉青 ...

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之內容概不負責，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倚賴該等內容而引致之任何損失承擔任 何責任。 （於香港註冊成立之有限公司） （股份代號：363） 更換股份過戶登記處 承董事會命 上海實業控股有限公司 公司秘書 余富熙 香港，二零二五年一月十日 於本公告日期，董事會成員包括︰ 執行董事︰ 冷偉青女士、張芊先生、姚嘉勇先生及徐有利先生 上海實業控股有限公司（「本公司」）董事會宣佈自二零二五年二月十日起, 本公司之股份 過戶登記處將更換為: - 卓佳證券登記有限公司 香港夏慤道 16 號 遠東金融中心 17 樓 電話 : (852) 2980 1333 傳真 : (852) 2810 8185 由二零二五年二月十日起, 有關本公司之股份過戶及登記手續將由卓佳證券登記有限公司辦 理。於二零二五年二月七日下午四時三十分後仍未領取之股票, 可於二零二五年二月十日起 從卓佳證券登記有限公司領取。 獨立非執行董事︰ 吳家瑋先生、梁伯韜先生及袁天凡先生 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，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倚賴該等內容而引致之任何損失承擔任 何責任。 （於香港註冊成立之有限公司） （股份代號：363） 有關訂立租賃協議的持續關連交易 該等租賃協議 於二零二五年一月六日，南洋煙草及本公司（作為承租人）各自分別與南洋企業及國際標 （作為業主）訂立租賃協議（即屯門租賃協議及夏慤租賃協議），租賃期由二零二五年一月 一日至二零二五年十二月三十一日（包括首尾兩日），以重續兩者均於二零二四年十二月三 十一日到期的該等現有租賃協議（即現有租賃協議 I 及現有租賃協議 II），以供本集團營 運。 《上市規則》涵義 南洋煙草為本公司的間接全資附屬公司。上實集團為本公司控股股東，持有本公司全部已發 行股本約 63.16%，因而為本公司的關連人士。南洋企業及國際標均為上實集團的全資附屬 公司，因而為上實集團的聯繫人及本公司關連人士。因此，根據《上市規則》第 14A 章， 訂立屯門租賃協議及夏慤租賃協議構成本公司的持續關連交易。 由於根據屯門租賃協議及夏慤租賃協議的合計年度上限的 ...