太平地氈國際有限公司* 2024/25年年報 Tai Ping Carpets International Limited 於百慕達註冊成立之有限公司 | 股份代號146 *中文名稱僅供識別 太平地氈國際有限公司* 太平 2024/25 年年報 taipingcarpets.com 太平 地氈國際 有限公司* 2024/25年 年報 *中文名稱僅供識別 願景 太平將致力成為頂級室內佈置產品及服務製造及分銷的領導者，業務範 圍涉及皇家宮廷、高雅私人住宅、超級遊艇飛機、豪華精品商舖、企業 辦公室及高端酒店。 太平擁有眾多市場領先品牌，產品銷售遍及全球各地。我們致力維持活 力充沛、深受推崇、不斷創新的公司聲譽，並定下宏遠而務實的持續長 期發展策略。 太平將透過引進全新產品、服務及技術，擴大其客戶項目業務，進一步 強化產品定位，及繼續設定優質、工藝和卓越設計基準。憑藉無以倫比 的產品及服務，太平大力開拓市場及客源，標準產品業務將帶來額外增 長機會。 太平將堅守信念，並致力保障員工福祉及保護環境，以實現其願景。 一九五六年起 獨領業內風騷 3 於摩納哥遊艇展上展出由Bannenberg & Rowell設計的 Lemo ...

Financial Performance - The Group has restated the consolidated financial statements for the Year 2024, with all financial references to Year 2024 and 30 June 2024 reflecting these restated figures[12]. - The Company reported a significant increase in revenue for the Year 2025, achieving a total of HK$500 million, representing a 20% growth compared to the previous year[5]. - The Group recorded consolidated revenue of approximately RMB760,063,000, an increase of 6.4% compared to approximately RMB714,408,000 for Year 2024[24]. - The gross profit margin was approximately 10.9% for the Year, compared to 12.2% for Year 2024[24]. - The Group reported a loss of approximately RMB59,459,000 for the Year, compared to a profit of approximately RMB153,133,000 for Year 2024[25]. - The loss attributable to owners of the Company was approximately RMB57,683,000 for the Year, compared to a profit attributable to owners of approximately RMB153,272,000 for Year 2024[25]. - The loss per share for the Year was approximately RMB2.67 cents, compared to earnings per share of RMB7.1 cents for Year 2024[25]. - The increase in revenue was primarily driven by a rise in domestic sales of steel products[26]. - The decline in results was primarily attributable to the restatement effect of a gain on deconsolidation of Zhuhai Mayer HuaFeng Development Co., Limited of RMB168,007,000[26]. - The Group recorded a net cash outflow from operating activities of approximately RMB 55,614,000, primarily due to a loss before tax of approximately RMB 58,295,000[155]. - The Group recorded a loss for the Year of approximately RMB 59,459,000, a significant decline from a profit of approximately RMB 153,133,000 in the previous year[126]. Market and Business Strategy - The Company has outlined a future outlook with a projected revenue growth of 25% for the Year 2026, driven by new product launches and market expansion strategies[5]. - The Company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[5]. - A strategic acquisition of a local tech firm is in progress, which is anticipated to enhance the Company's technological capabilities and market reach[5]. - The Company has implemented new operational strategies aimed at reducing costs by 15% over the next fiscal year[5]. - The management has set a performance guidance of achieving an EBITDA margin of 30% for the Year 2026[5]. - The Group is addressing challenges by enhancing internal management and service quality to maintain business stability[33]. - The carbon steel business is projected to have expansion opportunities over the next 5-10 years due to increasing data storage demands related to the transition from 5G to 6G[36]. - The group has actively adjusted its pricing strategy and expanded into international markets, achieving recognition in regions such as Hong Kong, Australia, and New Zealand since 2024[38]. Product Development and Innovation - New product development initiatives include the introduction of three innovative technologies aimed at enhancing user experience, expected to launch in Q3 2026[5]. - The energy storage business has become the core driver of the Group's development, demonstrating strong growth potential[31]. - The Group is advancing multiple energy storage projects, including a "Carbon Neutral" Digital Agriculture Industrial Park, which will promote large-scale application of energy storage technology in agriculture[86]. - The Group signed a memorandum with UK-based Environmental Process Systems Limited to promote phase-change energy storage products, with initial orders for 280,000 ice plates and future orders for 340,000 plates[88]. - Technological advancements have led to a continuous decrease in production costs for phase-change energy storage materials, enhancing their market competitiveness[84]. Environmental and Social Governance (ESG) - The Company is committed to enhancing its ESG initiatives, with a target to reduce carbon emissions by 20% by 2027[5]. - The "14th Five-Year Plan for Energy Conservation and Emission Reduction" aims for energy efficiency benchmarks exceeding 30% in data centers and other facilities, promoting energy storage technologies[78]. - Local government policies, such as Guangzhou's support measures, provide financial incentives up to 10 million yuan for innovation in energy storage, boosting investment enthusiasm[80]. - The implementation of green building standards is increasing demand for phase-change energy storage applications in commercial buildings[83]. Legal and Governance Issues - The Group has initiated legal proceedings against former directors for breaches of duty related to redevelopment projects[60]. - An unauthorized disposal of a 51% equity interest in Hei Jing Photoelectric Technology Co., Limited occurred for a cash consideration of RMB5.3 million, which the Board deemed unfair[53]. - The Board has decided to dispose of the Target Group due to poor financial performance and ongoing legal challenges[62]. - Legal proceedings were initiated against Mr. Zhou and Mr. Chen on 5 October 2023 for breach of fiduciary duties[176]. - The Board temporarily suspended the administrative and executive duties of Mr. Zhou and Mr. Chen effective from 6 October 2023 to protect the Company's interests[177]. - A requisition letter was received on 12 October 2023 from a shareholder holding approximately 24.04% of the total issued share capital, requesting the removal of Mr. Zhou and Mr. Chen as executive Directors[181]. - The Extraordinary General Meeting held on 8 November 2023 resulted in the immediate removal of Mr. Zhou and Mr. Chen as executive Directors[182]. Employee and Compensation - As of 30 June 2025, the Group had 300 employees, with total staff costs approximately RMB 38,840,000, a decrease from RMB 55,137,000 in the previous year[193]. - The Company is committed to maintaining competitive remuneration packages and regular employee training and development[193]. - The total employee cost for the year was approximately RMB 38,840,000, down from RMB 55,137,000 in the previous year, including retirement benefits of about RMB 4,577,000[197]. - The Group maintains competitive compensation levels to attract and retain employees, with regular reviews conducted[197]. Financial Position and Assets - As of June 30, 2025, property, plant, and equipment totaled approximately RMB 87,510,000, an increase of 8.4% compared to the previous year[127]. - The Group's inventories increased by 6.2% to approximately RMB84,222,000 as of June 30, 2025, up from RMB79,307,000 as of June 30, 2024, driven by growing operational scale[138]. - Trade and other receivables decreased by 11.6% to approximately RMB305,721,000 as of June 30, 2025, down from RMB345,920,000, primarily due to improved collection efficiency[139]. - Outstanding borrowings increased to approximately RMB159,578,000 as of June 30, 2025, from RMB100,000,000 as of June 30, 2024, with interest rates ranging from 2.2% to 4.3% per annum[141]. - The Group's net current assets were approximately RMB159,039,000 as of June 30, 2025, down from RMB196,327,000 as of June 30, 2024, with a current ratio of approximately 1.56 times[150].

Financial Performance - For the nine months ended September 30, 2025, the group's unaudited revenue was approximately HKD 4,708,687,000, a decrease of 28% compared to HKD 6,540,508,000 for the same period in 2024[4] - The operating profit for the same period was approximately HKD 635,459,000, down from HKD 841,290,000 in 2024, reflecting a decline of 24%[4] Contract Value - The total new contract value signed by the group for the nine months was approximately HKD 6.071 billion[5]

SANDMARTIN INTERNATIONAL HOLDINGS LIMITED 聖馬丁國際控股有限公司 * INCORPORATED IN BERMUDA WITH LIMITED LIABILITY 於百慕達註冊成立之有限公司 STOCK CODE 股份代號：482 2024 ANNUAL REPORT 年報 僅供識別 S and m artin International H olding s Limite d 聖 馬 丁 國 際 控 股 有 限 公 司 Annual Report 2 024 年報 SANDMARTIN INTERNATIONAL HOLDINGS LIMITED 聖馬丁國際控股有限公司 * CONTENTS 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Chairman's Letter to Shareholders | 主席致股東報告 | 4 | | Business Overview and Management Discussion and Analysis | 業務概覽及管理層討論與分析 | 6 ...

[Overview of Supplementary Information](index=1&type=section&id=Overview%20of%20Supplementary%20Information) This announcement provides supplementary information for China Shuifa Xingye Energy Group Limited's annual reports for the years ended December 31, 2023 and 2024, and interim report for the six months ended June 30, 2025 - This announcement provides supplementary information for China Shuifa Xingye Energy Group Limited's annual reports for the years ended December 31, 2023 and 2024, and interim report for the six months ended June 30, 2025[3](index=3&type=chunk) [Related Party Transactions](index=1&type=section&id=Related%20Party%20Transactions) [EPC General Contracting Services Framework Agreement](index=1&type=section&id=EPC%20General%20Contracting%20Services%20Framework%20Agreement) The company disclosed details of the EPC general contracting services framework agreement with Shuifa Group, including annual contract caps for 2024-2026 and actual transaction amounts for 2024, confirming compliance with listing rules and fair terms reviewed by independent non-executive directors and auditors - The Group entered into an EPC General Contracting Services Framework Agreement with Shuifa Group on November 5, 2024, for the Group to undertake certain EPC and related services for Shuifa Group, valid until December 31, 2026[4](index=4&type=chunk) EPC General Contracting Services Framework Agreement Annual Caps (Contract Amount) | Year | Cap (RMB) | | :--- | :--- | | For the year ended December 31, 2024 | 1,000,000,000 | | For the year ended December 31, 2025 | 1,200,000,000 | | For the year ended December 31, 2026 | 1,500,000,000 | - For the year ended December 31, 2024, the actual contract amount for transactions under the EPC General Contracting Services Framework Agreement was **RMB 517,355,000**[5](index=5&type=chunk) - Independent non-executive directors confirmed that the continuing connected transactions for the year ended December 31, 2024, were entered into in the ordinary and usual course of business, on fair and reasonable terms, in the overall interest of shareholders, and on normal commercial terms or better[5](index=5&type=chunk) - The auditors confirmed that the continuing connected transactions were approved by the Board, entered into in accordance with the Group's pricing policies and relevant agreements, and did not exceed the caps[6](index=6&type=chunk) - The company confirmed compliance with the disclosure requirements of Chapter 14A of the Listing Rules[7](index=7&type=chunk) [Share Award Scheme](index=3&type=section&id=Share%20Award%20Scheme) [Changes in Unvested Share Awards](index=3&type=section&id=Changes%20in%20Unvested%20Share%20Awards) This section details the changes in unvested share awards for directors, the five highest paid individuals, and other grantees for the years ended December 31, 2023 and 2024, and the six months ended June 30, 2025, including opening balances, grants, vesting, cancellations, and forfeitures [Year Ended December 31, 2023](index=3&type=section&id=Year%20Ended%20December%2031%2C%202023) This section presents the changes in unvested share awards for directors, five highest paid individuals, and other grantees for the year ended December 31, 2023 Changes in Unvested Share Awards for the Year Ended December 31, 2023 (thousand shares) | Participant Name or Category | Balance at January 1, 2023 (thousand shares) | Granted During the Year (thousand shares) | Vested During the Year (thousand shares) | Cancelled During the Year (thousand shares) | Forfeited During the Year (thousand shares) | Balance at December 31, 2023 (thousand shares) | Grant Date | Acquisition Price (HKD) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Directors** | | | | | | | | | | Mr. Chen Fushan | 1,400 | – | – | – | (420) | 980 | 29/12/2020 | 0.79 | | Mr. Liu Hongwei | 1,500 | – | – | – | (450) | 1,050 | 29/12/2020 | 0.79 | | Mr. Wang Dongwei | 1,400 | – | – | – | (420) | 980 | 29/12/2020 | 0.79 | | **Subtotal** | **4,300** | **–** | **–** | **–** | **(1,290)** | **3,010** | | | | Five Highest Paid Individuals | 2,300 | – | – | – | (690) | 1,610 | 29/12/2020 | 0.79 | | Other Grantees | 53,900 | – | – | (3,000) | (15,270) | 35,630 | 29/12/2020 | 0.79 | - As of December 31, 2023, directors, the five highest paid individuals, and other grantees held **3,010 thousand shares**, **1,610 thousand shares**, and **35,630 thousand shares** of unvested awards, respectively, totaling approximately **40,250 thousand shares**[8](index=8&type=chunk) [Year Ended December 31, 2024](index=4&type=section&id=Year%20Ended%20December%2031%2C%202024) This section details the changes in unvested share awards for directors, five highest paid individuals, and other grantees for the year ended December 31, 2024 Changes in Unvested Share Awards for the Year Ended December 31, 2024 (thousand shares) | Participant Name or Category | Balance at January 1, 2024 (thousand shares) | Granted During the Year (thousand shares) | Vested During the Year (thousand shares) | Cancelled During the Year (thousand shares) | Forfeited During the Year (thousand shares) | Balance at December 31, 2024 (thousand shares) | Grant Date | Acquisition Price (HKD) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Directors** | | | | | | | | | | Mr. Chen Fushan | 980 | – | – | – | (420) | 560 | 29/12/2020 | 0.79 | | Mr. Liu Hongwei | 1,050 | – | – | (1,050) | – | – | 29/12/2020 | 0.79 | | Mr. Wang Dongwei | 980 | – | – | (980) | – | – | 29/12/2020 | 0.79 | | **Subtotal** | **3,010** | **–** | **–** | **(2,030)** | **(420)** | **560** | | | | Five Highest Paid Individuals | 1,260 | – | – | – | (540) | 720 | 29/12/2020 | 0.79 | | Other Grantees | 35,980 | – | – | – | (15,420) | 20,560 | 29/12/2020 | 0.79 | - As of December 31, 2024, all unvested awards for Mr. Liu Hongwei and Mr. Wang Dongwei, totaling **2,030 thousand shares**, were cancelled, leading to a significant decrease in the directors' subtotal from 3,010 thousand shares to **560 thousand shares**[10](index=10&type=chunk) [Six Months Ended June 30, 2025](index=4&type=section&id=Six%20Months%20Ended%20June%2030%2C%202025) This section outlines the changes in unvested share awards for directors, five highest paid individuals, and other grantees for the six months ended June 30, 2025 Changes in Unvested Share Awards for the Six Months Ended June 30, 2025 (thousand shares) | Participant Name or Category | Balance at January 1, 2025 (thousand shares) | Granted During the Period (thousand shares) | Vested During the Period (thousand shares) | Cancelled During the Period (thousand shares) | Forfeited During the Period (thousand shares) | Balance at June 30, 2025 (thousand shares) | Grant Date | Acquisition Price (HKD) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Directors** | | | | | | | | | | Mr. Chen Fushan | 560 | – | – | – | – | 560 | 29/12/2020 | 0.79 | | Five Highest Paid Individuals | 720 | – | – | – | – | 720 | 29/12/2020 | 0.79 | | Other Grantees | 20,560 | – | – | – | – | 20,560 | 29/12/2020 | 0.79 | - During the six months ended June 30, 2025, the balance of unvested share awards remained unchanged, with no grants, vesting, cancellations, or forfeitures occurring[10](index=10&type=chunk) [Share Award Vesting Period and Conditions](index=5&type=section&id=Share%20Award%20Vesting%20Period%20and%20Conditions) This section clarifies the specific vesting schedule for share awards, including vesting percentages and dates for different tranches, emphasizing that all vesting is contingent upon achieving predefined performance targets - Award shares vest in three tranches over 24-36 months, 36-48 months, and 48-60 months from the grant date, with percentages of **30%**, **30%**, and **40%** respectively, all subject to performance targets[13](index=13&type=chunk)[12](index=12&type=chunk) Award Share Vesting Period and Percentage | Vesting Period (from Grant Date) | Vesting Date | Vesting Percentage | | :--- | :--- | :--- | | 24-36 months | December 28, 2023 | 30% | | 36-48 months | December 28, 2024 | 30% | | 48-60 months | December 28, 2025 | 40% | - No other awards were granted to other directors, the five highest paid individuals, or other grantees, except as already disclosed[13](index=13&type=chunk)

2025年第三季度報告 紫金礦業集團股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公 司及其附屬公司（統稱「本集團」）截至2025年9月30日止九個月根據中華人民 共和國財政部頒佈的《企業會計準則—基本準則》以及其後頒佈及修訂的具體會 計準則、應用指南、解釋以及其他相關規定編制的未經審計財務報告（「第三季 度報告」）。 本報告分別以中英文刊載。如中英文有任何差異，概以中文為準。 本報告中，除內容特別指明外，貨幣皆為人民幣。 2025年10月17日 中國福建 * 本公司之英文名稱僅供識別 紫金矿业集团股份有限公司 2025 年第三季度报告 证券代码：601899 证券简称：紫金矿业 紫金矿业集团股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 单位：元 币种：人民币 | | | 本报告期比上 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 年同期增减变 | 年初至报告期末 | 比上年同期增减 | ...

Financial Performance - The company reported a consolidated income of $XX million for the fiscal year, representing a YY% increase compared to the previous year[62] - The Group recorded a consolidated turnover of HK$1,348,511,000 for the year ended June 30, 2025, representing a 5.7% increase from HK$1,276,350,000 in 2024[40][41][43] - Gross profit increased by 9.6% to HK$218,491,000, with a gross profit margin of 16.2%, up approximately 0.6 percentage points year-on-year[42][45] - Profit attributable to equity holders of the Company was HK$339,000, a turnaround from a loss of HK$18,041,000 in 2024, with basic earnings per share of HK0.09 cent compared to a loss per share of HK4.89 cents[40][42][43] User and Market Growth - User data showed an increase in active users by ZZ%, reaching a total of AA million users[70] - The company expects revenue growth of BB% for the next fiscal year, driven by new product launches and market expansion strategies[70] - The company is planning to expand its market presence in Southern China, targeting a market share increase of DD%[70] - A recent acquisition of a competitor is projected to enhance operational efficiency and increase market share by EE%[70] Research and Development - Research and development efforts have led to the introduction of two new products in the plastic materials sector, expected to contribute $CC million in revenue[70] Operational Efficiency and Cost Management - The gross profit margin improved to GG%, reflecting better cost management and pricing strategies[62] - The company has allocated $FF million for technology upgrades to improve production capabilities and reduce costs[70] - The Group will continue to optimize cost management and production plans to enhance capacity allocation flexibility[59] Corporate Governance and Management - The company has a strong governance structure with multiple committees led by experienced directors, ensuring effective oversight and strategic direction[25][29][30][33] - The management team comprises individuals with extensive industry experience, enhancing the company's operational capabilities and market positioning[34][35][36] - The board includes a diverse range of professionals with backgrounds in finance, business management, and engineering, contributing to well-rounded decision-making[25][29][30][33] Employee and Shareholder Relations - The board of directors has approved a dividend payout of $II million, maintaining a consistent return to shareholders[70] - The Group has approximately 628 full-time employees, with an incentive scheme linked to the Group's profit and employee performance[72] - The basic policy of the Group's compensation and reward plan is to comprehensively reward senior management for achieving annual and long-term performance goals[142] Market Diversification and Strategy - The Group plans to focus on balancing domestic and overseas operations while targeting emerging overseas markets to diversify its customer portfolio and mitigate risks from policy fluctuations[52] - The Group aims to strengthen end-customer development in Southeast Asia and Europe to reduce reliance on the US export chain[58] - The Group plans to diversify its customer base and production origins to enhance risk resistance and sustainable development capabilities[58] Financial Health and Risk Management - As of June 30, 2025, the Group had available banking facilities of approximately HK$662,792,000, with HK$355,619,000 utilized[64] - The Group's cash and cash equivalents amounted to approximately HK$193,161,000 as of June 30, 2025[64] - The gearing ratio as of June 30, 2025, was approximately 28.2%, calculated as net debt divided by total capital[64] - The Group maintains a defined credit policy and regularly monitors trade debtors to minimize credit risk associated with receivables[82] Corporate Social Responsibility - The Group emphasizes corporate social responsibility and has conducted various activities to support employees, the community, and the environment during the year[90] Share Options and Director Interests - The maximum number of shares available for issue under the share option scheme is 36,920,000, which represents 10% of the issued share capital as of the report date[119] - The total number of shares that may be allotted and issued upon exercise of all share options must not exceed 10% of the shares in issue as of December 17, 2022[125] - The interests of directors in the shares of the Company as of June 30, 2025, include a total of 10,000 shares held collectively, with Mr. HUI Sai Chung and Mr. HUI Kwok Kwong each holding 4,550 shares[158] Compliance and Audit - The financial statements have been audited by PricewaterhouseCoopers, who are eligible for re-appointment[176] - The Company has complied with all applicable code provisions of the Corporate Governance Code throughout the year ended June 30, 2025, except for the separation of roles between chairman and chief executive officer[181] - The Audit Committee comprises three Independent Non-executive Directors and has reviewed the accounting principles and practices adopted by the Group[172]

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佈全部或任何部份內容產生或 因依賴該等內容而引致之任何損失承擔任何責任。 世 界 (集 團) 有 限 公 司 WORLD HOUSEWARE (HOLDINGS) LIMITED ( 於開曼群島註冊成立之有限公司 ) (股份代號: 713) 有關二零二四年報之補充公告 茲提述世界(集團)有限公司 (「本公司」)於二零二五年四月三十日所刊發「本公司」截至二 零二四年十二月三十一日止之年度報告（「年報」）。除文義另有所指外，「年報」已界 定的詞彙與本公告中具有相同涵義。本公告為「年報」提供補充資料，並應與「年報」一 併閱讀。 除「年報」內所披露外，「本公司」謹此補充有關以下「本公司」所有購股權計劃（「購 股權計劃」）的資料： 有關「年報」第34頁所載的表格中，披露如下： | | | | | | 於二零二四年 | | | | 於年內 | 於二零二四年 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Share Options - The total number of share options available for grant under the post-IPO share option plan is 80,000,000, representing approximately 7.23% of the issued shares as of the report date[6] - The number of shares available for issuance under the pre-IPO share option plan is 26,300,000, accounting for about 2.38% of the issued shares as of the report date[7]

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。 Asia Television Holdings Limited 亞洲電視控股有限公司 用以釐定尚未行使購股權價值所採用的會計準則及政策如下： 授予董事及僱員的購股權。 向董事及僱員作出之以股權結算之以股份為基礎付款乃按授出股本工具於授出日期之公 平值計量。 –1– 以股權結算之以股份為基礎付款於授出日期釐定之公平值（並無計及所有非市場歸屬條 件）乃於歸屬期內根據本集團估計最終將予歸屬之股本工具按直線法支銷，並相應增加權 益（以股份為基礎付款之儲備）。於各報告期末，本集團根據對所有相關非市場歸屬條件 的評估修訂其對預期歸屬的股本工具數目的估計。修訂原有估計之影響（如有）於損益中 確認，以使累計開支能反映經修訂估計，而購股權儲備亦作出相應調整。 （於開曼群島註冊成立之有限公司） （股份代號：707） 二零二四年報的補充資料 茲提述亞洲電視控股有限公司（「本公司」）截至二零二四年十二月三十一日止年度的年度 ...