Revenue Performance - For the six months ended September 30, 2025, the group's revenue increased by approximately HKD 25.8 million or 12.6% to approximately HKD 230.6 million from approximately HKD 204.8 million for the same period in 2024[11]. - The revenue from the security services segment rose by approximately HKD 13.0 million or 6.8% to approximately HKD 205.5 million, driven by increases in general security services, event and crisis security services, and manpower support services[12]. - Facility management services revenue increased by approximately HKD 0.7 million or 5.9% to approximately HKD 13.0 million, primarily due to overall price increases in contract renewals[13]. - Revenue for the six months ended September 30, 2025, was HKD 230,609,000, representing a 12.6% increase from HKD 204,819,000 in the same period of 2024[76]. - The group’s external revenue from security services was HKD 205,530,000, while facility management services generated HKD 13,045,000, and security system services contributed HKD 12,034,000[88]. Profitability and Expenses - The total profit and comprehensive income for the period decreased by approximately HKD 2.4 million or 46.3% to approximately HKD 2.8 million, with the net profit margin dropping from approximately 2.6% to approximately 1.2%[23]. - Employee benefits expenses rose by approximately HKD 18.4 million or 9.9% to approximately HKD 204.5 million, mainly due to a 5.25% increase in the statutory minimum wage and an increase in total employees from new service contracts[16]. - Other operating expenses increased by approximately HKD 2.7 million or 34.6% to approximately HKD 10.7 million, attributed to higher legal and professional fees for security services and IT expenses[21]. - The income tax expense increased by approximately HKD 0.2 million or 12.4% to approximately HKD 1.7 million, mainly due to an increase in taxable profits[22]. - Sales and marketing expenses decreased by approximately HKD 0.2 million or 21.5% to approximately HKD 0.8 million, primarily due to a reduction in security personnel dispatched to the private sector[18]. - Subcontracting costs increased by approximately HKD 2.0 million or 67.6% to approximately HKD 5.0 million, mainly due to an increase in subcontracted services for security systems[19]. Financial Position - As of September 30, 2025, the group's bank balance and cash amounted to approximately HKD 46.0 million, a decrease of about HKD 8.7 million or 15.8% from HKD 54.7 million on March 31, 2025[24]. - The current ratio as of September 30, 2025, was approximately 3.8 times, down from 4.5 times on March 31, 2025[24]. - Trade receivables and unverified income as of September 30, 2025, were approximately HKD 156.0 million, an increase from HKD 146.2 million on March 31, 2025[29]. - As of September 30, 2025, the group had a total borrowing of approximately HKD 2.7 million, with a debt-to-equity ratio of 1.3%[24]. - Total assets as of September 30, 2025, were HKD 252,049,000, an increase from HKD 237,965,000 as of March 31, 2025[77]. - Current liabilities rose to HKD 66,786,000 from HKD 52,776,000, indicating a 26.6% increase[77]. - Cash and cash equivalents at the end of the period were HKD 46,029,000, down from HKD 54,696,000, a decrease of 16.4%[80]. - The company’s total equity increased to HKD 202,973,000 from HKD 202,820,000, reflecting a slight growth[77]. Shareholder Information - International Yongsheng BVI holds 70.0% of the company's shares, with 560,000,000 shares outstanding as of September 30, 2025[51]. - The company is owned 33.33% by Senye, which is fully owned by Mr. Ma Qiaosheng, indicating a significant ownership structure[55]. - The major shareholders include International Yongsheng BVI, Senye, Wenhua, and Jianqiao, each holding 560,000,000 shares, representing 70.0% of the issued share capital[51]. - The spouses of the major shareholders are also considered to have interests in the shares held by their respective partners[55]. Corporate Governance - The company has adopted the principles and code provisions of the Corporate Governance Code as the basis for its corporate governance practices[61]. - The company maintained the required public float as per the listing rules as of September 30, 2025[66]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2025[69]. Dividends and Proceeds - The company did not declare an interim dividend for the six months ending September 30, 2025[59]. - The company declared dividends amounting to HKD 2,700,000 during the period[79]. - The total net proceeds from the GEM listing amounted to approximately HKD 32.0 million, with HKD 27.3 million already utilized[58]. - The company plans to delay the use of unutilized proceeds of HKD 4.1 million for purchasing machinery and equipment, and HKD 3 million for IT infrastructure upgrades by 12 months, now expected to be fully utilized by March 31, 2026[58]. Cash Flow and Investments - Operating cash flow before changes in working capital was HKD 6,288,000, compared to HKD 8,249,000 in the previous year[80]. - The company reported a net cash outflow from operating activities of HKD 5,276,000, a significant improvement from HKD 53,735,000 in the prior year[80]. - The company invested HKD 1,062,000 in property, plant, and equipment, and HKD 2,035,000 in right-of-use assets during the period, compared to HKD 109,000 and zero respectively in the previous year[95]. Trade Receivables and Payables - Trade receivables from third parties increased to HKD 109,815,000 as of September 30, 2025, compared to HKD 94,094,000 as of March 31, 2025, reflecting a growth of approximately 16.7%[96]. - Total trade and other receivables and deposits amounted to HKD 202,405,000 as of September 30, 2025, up from HKD 180,196,000 as of March 31, 2025, indicating an increase of about 12.3%[96]. - The aging analysis of trade receivables shows that amounts overdue by more than 120 days rose to HKD 49,262,000 as of September 30, 2025, compared to HKD 24,420,000 as of March 31, 2025, representing a significant increase of 101.5%[98]. - Trade payables increased significantly to HKD 16,441,000 as of September 30, 2025, from HKD 2,756,000 as of March 31, 2025, reflecting a growth of approximately 493.5%[99].

Revenue Performance - For the six months ending September 30, 2025, the group's revenue increased by approximately HKD 25.8 million or 12.6% to approximately HKD 230.6 million from approximately HKD 204.8 million for the same period in 2024[12]. - The revenue from the security services segment rose by approximately HKD 13.0 million or 6.8% to approximately HKD 205.5 million, driven by increases in general security services, event and crisis security services, and manpower support services[13]. - Facility management services revenue increased by approximately HKD 0.7 million or 5.9% to approximately HKD 13.0 million, primarily due to overall price increases in contract renewals[14]. - The new security systems service segment generated revenue of approximately HKD 12.0 million for the six months ending September 30, 2025[15]. - Revenue for the six months ended September 30, 2025, was HKD 230,609,000, an increase of 12.6% compared to HKD 204,819,000 for the same period in 2024[77]. - The general security services segment generated revenue of HKD 94,344,000, up from HKD 85,192,000 in 2024, marking a growth of 13.5%[86]. - The company provided security system services for the first time, generating revenue of HKD 12,034,000[86]. - Total revenue for the six months ended September 30, 2025, was HKD 230,609,000, an increase from HKD 204,819,000 for the same period in 2024, representing a growth of approximately 12.6%[89]. Profit and Income - Total profit and comprehensive income decreased by approximately HKD 2.4 million or 46.3% to about HKD 2.8 million for the six months ending September 30, 2025, with a net profit margin dropping from approximately 2.6% to 1.2%[24]. - The pre-tax profit for the period was HKD 4,560,000, down 33.1% from HKD 6,819,000 in the previous year[77]. - Total comprehensive income for the period was HKD 2,853,000, a decrease of 46.0% compared to HKD 5,290,000 in the same period last year[77]. - Basic earnings per share for the period was HKD 0.57, down from HKD 0.67 in the previous year, representing a decline of 14.9%[77]. - Basic earnings attributable to the company's owners for the six months ended September 30, 2025, were HKD 4,593,000, compared to HKD 5,349,000 in 2024, a decrease of about 14.1%[95]. - The company declared dividends of HKD (2,700,000) for the period ended September 30, 2025, compared to HKD (9,600,000) in the same period of 2024, reflecting a reduction in dividend payouts[86]. Expenses and Costs - Employee benefits expenses rose by approximately HKD 18.4 million or 9.9% to approximately HKD 204.5 million, mainly due to a 5.25% increase in the statutory minimum wage and an increase in the total number of employees from new service contracts[17]. - Sales and marketing expenses decreased by approximately HKD 0.2 million or 21.5% to approximately HKD 0.8 million, attributed to a reduction in security personnel dispatched to the private sector[19]. - Subcontracting costs increased by approximately HKD 2.0 million or 67.6% to approximately HKD 5.0 million, mainly due to a decrease in the number of subcontracted security services and an increase in subcontracted services for security systems[20]. - Other operating expenses rose by approximately HKD 2.7 million or 34.6% to approximately HKD 10.7 million, primarily due to increased legal and professional fees for security and safety services[22]. Financial Position - Cash and bank balances decreased by approximately HKD 8.7 million or 15.8% to about HKD 46.0 million as of September 30, 2025[25]. - The current ratio decreased from approximately 4.5 times as of March 31, 2025, to about 3.8 times as of September 30, 2025[25]. - Trade receivables and unbilled revenue increased to approximately HKD 156.0 million as of September 30, 2025, from HKD 146.2 million as of March 31, 2025[30]. - Non-current assets increased to HKD 18,499,000 as of September 30, 2025, compared to HKD 18,119,000 as of March 31, 2025[78]. - Current assets rose to HKD 252,049,000 from HKD 237,965,000, reflecting an increase of 5.9%[78]. - Total liabilities increased to HKD 66,786,000 from HKD 52,776,000, marking a rise of 26.6%[78]. - The company's equity attributable to owners increased to HKD 205,320,000 from HKD 203,416,000, a growth of 0.9%[78]. - The company reported a net cash position of HKD 46,029,000 as of September 30, 2025, down from HKD 54,696,000[78]. Shareholding and Corporate Governance - As of September 30, 2025, the company has a total of 800,000,000 shares issued[45]. - Mr. Ma Qiaosheng, Mr. Ma Qiaowu, and Mr. Ma Qiaowen each hold 560,000,000 shares, representing 70.0% of the company's issued share capital[44]. - International Yongsheng BVI, owned by the company, holds 560,000,000 shares, also accounting for 70.0% of the issued share capital[52]. - The company has three controlled corporations: Senye, Wenhua, and Jianqiao, each holding 560,000,000 shares, which is 70.0% of the issued share capital[52]. - All major shareholders, including spouses of directors, hold 560,000,000 shares, equating to 70.0% of the company's issued share capital[52]. - The company is subject to the Securities and Futures Ordinance, which governs the disclosure of interests and short positions[44]. - The directors and senior management have no other disclosed interests in the company's shares or related securities as of September 30, 2025[51]. - The company is recognized as a concert party under the Securities and Futures Ordinance, which affects the ownership disclosure of shares held through controlled corporations[48]. - The ownership structure indicates a significant concentration of control among the three directors, each holding substantial shares through their respective controlled entities[45]. - The company maintains compliance with the listing rules and regulations regarding the disclosure of interests and shareholdings[51]. - The company adopted a share option scheme on September 20, 2019, with no options granted or agreed to be granted as of September 30, 2025[55]. - The company has complied with the corporate governance code during the six months ended September 30, 2025[63]. Future Plans and Investments - The group aims to expand its security services and enhance facility management capabilities while selectively seeking strategic acquisition and investment opportunities[42]. - The company plans to utilize unutilized net proceeds for purchasing machinery and upgrading IT infrastructure by March 31, 2026[59]. - The company has plans to enhance its facility management service capabilities, with HKD 4.1 million of equipment purchases expected to be utilized by March 31, 2026[59]. - The company has utilized HKD 14.2 million for expanding security services, with all funds fully utilized[57]. - The company plans to continue expanding its service offerings in security and facility management sectors to enhance revenue growth[83]. Cash Flow and Operating Activities - The operating cash flow before changes in working capital was HKD 6,288,000 for the six months ended September 30, 2025, down from HKD 8,249,000 in 2024, indicating a decrease of 11.6%[81]. - The net cash used in operating activities was HKD (5,276,000) for the six months ended September 30, 2025, compared to HKD (53,735,000) in 2024, showing a significant improvement[81]. - The company’s cash and cash equivalents decreased by HKD 8,678,000, ending at HKD 46,029,000 as of September 30, 2025, compared to HKD 19,315,000 in 2024[81].

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，概不對本公告全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 A & S GROUP (HOLDINGS) LIMITED 亞 洲 實 業 集 團（控 股）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1737） – 2 – 截至二零二五年九月三十日止六個月之 中期業績公告 亞洲實業集團（控股）有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附屬公司（統 稱「本集團」）截至二零二五年九月三十日止六個月之未經審核中期業績，連同二零二四年同期之比 較數字如下： 未經審核中期簡明綜合損益及其他全面收益表 截至二零二五年九月三十日止六個月 | | | （未經審核） | | | --- | --- | --- | --- | | | | 截至九月三十日止六個月 | | | | | 二零二五年 | 二零二四年 | | | 附註 | 千港元 | 千港元 | | 收益 | 3 | 228,330 | 310,905 | | 直接成本 | | (2 ...

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。 普達特科技有限公司* PRODUCTIVE TECHNOLOGIES COMPANY LIMITED （於百慕達註冊成立並於開曼群島存續之有限公司） （股份代號：650） 截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 普 達 特 科 技 有 限 公 司（「本 公 司」）董 事（「董 事」）會（「董 事 會」）欣 然 宣 佈 本 公 司及其附屬公司（「本集團」）截至二零二五年九月三十日止六個月（「報告期間」） 的 未 經 審 核 中 期 業 績。本 集 團 的 中 期 業 績 未 經 審 核，但 已 由 本 公 司 審 核 委 員 會（「審 核 委 員 會」）審 閱。 業 務 亮 ...

2025 中期報告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高 投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較大的市場 波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告之內容概不負責，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報告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本報告的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關中國新消費集 團有限公司（「本公司」，連同其附屬公司稱為「本集團」）的資料；本公司的董事（「董事」）願就本報告的資 料共同及個別地承擔全部責任。董事在作出一切合理查詢後，確認就其所知及所信，本報告所載資料在 各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無遺漏任何事項，足以令致本報告或其所載任何 陳述產生誤導。 公司資料 董事 ...

Revenue and Profitability - Total revenue increased by approximately 6.7% from about HKD 24.0 million for the six months ended September 30, 2024, to about HKD 25.6 million for the six months ended September 30, 2025[4] - Revenue from financial advisory and independent financial advisory services amounted to approximately HKD 10.3 million and HKD 8.2 million respectively, together accounting for about 72.3% of total revenue[4] - The group recorded a profit before tax of approximately HKD 0.2 million for the period, a significant improvement from a loss of approximately HKD 11.7 million in the previous year[4] - The corporate finance advisory segment generated revenue of approximately HKD 25.6 million, up from HKD 24.0 million in the previous year, with a profit before tax of approximately HKD 2.4 million compared to a loss of HKD 10.4 million[6] - The group recorded a pre-tax profit of approximately HKD 0.2 million in 2025, a significant improvement from a pre-tax loss of approximately HKD 11.7 million in 2024[19] - The total comprehensive income for the period was HKD 193,000, compared to a loss of HKD 11.7 million in 2024[32] - The company reported a profit of HKD 210,000 for the six months ended September 30, 2025, compared to a loss of HKD 11,698,000 in the previous period[36] - Total comprehensive income for the period was HKD 212,000, a significant recovery from a loss of HKD 11,695,000 in the prior period[36] Asset and Liability Management - The net asset value decreased from approximately HKD 62.5 million as of March 31, 2025, to about HKD 60.2 million as of September 30, 2025, primarily due to the approval of a final dividend of approximately HKD 2.9 million[4] - As of September 30, 2025, total non-current assets decreased to HKD 13,841,000 from HKD 16,028,000 as of March 31, 2025, representing a decline of approximately 13.6%[34] - Current assets decreased slightly to HKD 64,160,000 from HKD 65,067,000, a reduction of about 1.4%[34] - Total liabilities decreased from HKD 9,997,000 to HKD 7,957,000, reflecting a decrease of approximately 20.5% in non-current liabilities[35] - The company's net asset value as of September 30, 2025, was HKD 60,155,000, down from HKD 62,537,000, indicating a decline of about 3.8%[35] - The total equity attributable to owners decreased to HKD 60,118,000 from HKD 62,481,000, a decline of approximately 3.8%[35] - The group maintained a cash and cash equivalents balance of approximately HKD 36.8 million as of September 30, 2025, with no bank financing or borrowings[20] - The company's cash and cash equivalents stood at HKD 50,779,000, slightly down from HKD 51,624,000, indicating a decrease of about 1.6%[34] Expenses and Cost Management - Employee benefit costs decreased by approximately 28.1% from about HKD 26.3 million in 2024 to about HKD 18.9 million in 2025[13] - Depreciation and other operating expenses decreased by approximately 13.9% from about HKD 7.9 million in 2024 to about HKD 6.8 million in 2025[18] - The group incurred total employee benefits costs of HKD 18,945,000 in 2025, down from HKD 26,256,000 in 2024, indicating a reduction of 27.7%[50] - Depreciation of property and equipment was HKD 246,000 for the six months ended September 30, 2025, compared to HKD 301,000 in 2024, a decrease of 18.3%[50] Investment and Income - Investment income decreased primarily due to a decline in interest income from bank deposits, aligning with current interest rate trends[9] - Other income and net gains decreased mainly due to foreign exchange losses from bank deposits denominated in currencies other than HKD[10] - Investment income decreased to HKD 679,000 in 2025 from HKD 937,000 in 2024, reflecting a decline of 27.5%[49] Dividend and Shareholder Returns - The board does not recommend any dividend payment for the period, consistent with the previous year[4] - The company declared dividends amounting to HKD 2,934,000 during the period, reflecting a commitment to returning value to shareholders[36] - The final dividend for the year ending March 31, 2025, is set at HKD 0.02 per share, totaling approximately HKD 2,934,000, down from HKD 3,679,000 in 2024[56] - No interim dividend was recommended for the period[57] Share Options and Employee Incentives - The 2023 Share Option Scheme aims to reward and retain top talent within the group, providing additional incentives to qualified employees to enhance the company's value for shareholders[72] - A total of 11,700,000 share options were granted under the 2023 Share Option Scheme on December 18, 2023, with an exercise price of HKD 0.72 per share[77] - The exercise period for the 2023 share options is set for five years, starting from December 18, 2023, and options cannot be exercised within the first 12 months[78] - The maximum number of options granted to any participant in a 12-month period cannot exceed 1% of the issued shares, with a reduced limit of 0.1% for major shareholders and their associates[74] - The total number of options available for exercise as of September 30, 2025, is 9,348,500 after accounting for cancellations[79] - The vesting schedule for the options includes three tranches, with the first 33% vesting from December 18, 2023, to December 17, 2024[78] - The exercise price is determined by the board and must be at least the higher of the closing price on the grant date or the average closing price over the preceding five trading days[75] - The 2023 Share Option Scheme will remain effective for a period of 10 years, expiring on September 14, 2033[76] - The scheme is designed to align the interests of employees with those of shareholders, promoting overall business success[72] - The options granted do not have performance targets or clawback mechanisms attached[77] - The total number of shares available for issuance under the 2023 share option plan is 14,319,029 shares, representing approximately 9.8% of the issued shares as of the announcement date[80] - No share options were granted under the 2023 share option plan during the period[80] - The number of share options available for grant under the 2023 share option plan as of April 1, 2025, September 30, 2025, and the announcement date are 4,670,529, 4,970,529, and 5,320,529 shares, representing approximately 3.2%, 3.4%, and 3.6% of the issued shares respectively[80] Audit and Compliance - The audit committee consists of three independent non-executive directors, with Mr. Zheng Yuhua serving as the chairman[82] - The external auditor, Guo Fu Hao Hua, did not find any issues that would lead them to believe the unaudited condensed consolidated financial statements were not prepared in accordance with the relevant accounting standards[83] - The interim report for the six months ending September 30, 2025, will be sent to shareholders and published on the company's website[84]

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 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 CHINA NEW CONSUMPTION GROUP LIMITED 中國新消費集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8275） 截至二零二五年九月三十日止六個月之中期業績公告 中 國 新 消 費 集 團 有 限 公 司（「本公司」）董 事（「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 二 零 二 五 年 九 月 三 十 日 止 六 個 月（「中期業 績」）之 未 經 審 核 綜 合 業 績。本 公 告 遵 照 香 港 聯 合 交 易 所 有 限 公 司GEM證券上市 規 則（「GEM上市規則」）的 規 定，載 列 本 公 司 二 零 二 五 年 中 期 報 告 之 全 文，對 中 期 業 績 的 初 ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 49,345,000, representing a 12.5% increase from HKD 44,026,000 in the same period of 2024[5] - Gross profit for the same period was HKD 849,000, up from HKD 582,000, indicating a gross margin improvement[5] - The company reported a loss before tax of HKD 1,962,000 for the six months ended September 30, 2025, compared to a profit of HKD 3,779,000 in the prior year[5] - Total comprehensive loss attributable to owners for the period was HKD 1,962,000, compared to a comprehensive income of HKD 3,779,000 in the previous year[5] - Basic and diluted loss per share for the period was HKD (0.25), down from earnings of HKD 0.48 per share in the same period last year[5] - The group reported a loss attributable to owners of approximately HKD 1,962,000, compared to a profit of HKD 3,779,000 in 2024[36] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 104,776,000, an increase from HKD 96,064,000 as of March 31, 2025[6] - Current liabilities increased to HKD 18,238,000 from HKD 8,258,000, indicating a significant rise in short-term obligations[6] - The company’s cash and cash equivalents decreased to HKD 51,867,000 from HKD 61,950,000, indicating a reduction in liquidity[6] - Trade receivables from customer contracts increased significantly to HKD 15,731,000 as of September 30, 2025, up from HKD 4,683,000 as of March 31, 2025[22] - Trade payables rose to HKD 15,510,000 as of September 30, 2025, compared to HKD 4,617,000 as of March 31, 2025[24] - Total assets as of September 30, 2025, were approximately HKD 105,512,000, up from HKD 97,494,000 on March 31, 2025[37] - The current ratio was 5.74:1 as of September 30, 2025, indicating a healthy liquidity position[37] - The group has no bank or other borrowings as of September 30, 2025, resulting in a reported debt ratio of zero[37] Income and Expenses - Other income and gains for the period totaled HKD 3,510,000, down from HKD 8,577,000 in the prior year, reflecting a decrease in financial asset fair value changes[15] - Administrative and operating expenses rose by approximately 17.37% to HKD 6,222,000, primarily due to increased hiring for business expansion[36] Dividends and Shareholder Returns - The company did not declare or propose any dividends for the six months ended September 30, 2025, consistent with the previous year[19] - The board does not recommend any interim dividend for the six months ended September 30, 2025, consistent with the previous period[53] Market Conditions and Business Strategy - The company is facing challenges due to geopolitical tensions and economic uncertainties, impacting consumer confidence and spending, particularly in the non-essential fashion sector[28] - The company has established a new supplier selection program to promote sustainable business growth by choosing reputable and financially stable suppliers[29] - The financial services segment, initiated in 2018, aims to diversify revenue sources and enhance the company's financial product offerings in the Hong Kong and China markets[30] - The group is adopting a light asset business model to enhance operational resilience and reduce inventory pressure in an uncertain market environment[35] Lending and Credit Risk Management - The lending business, operated by a wholly-owned subsidiary, has not recorded any borrower defaults or write-offs during the reporting periods[31] - The company has adopted a credit risk assessment policy for its lending business, requiring detailed financial information from potential borrowers, including income sources and outstanding mortgage details[40] - The company uses a Debt-to-Income (DTI) ratio as a decision-making tool, rejecting applications with a DTI exceeding 80% unless approved by the board, and ensuring DTI does not exceed 90%[42][43] - The company actively conducts post-loan management to monitor repayment status and reviews loan credit limits quarterly, reporting any overdue loans to the credit committee[44] Corporate Governance - The company has complied with all corporate governance code provisions during the reporting period, with some deviations noted regarding the separation of roles between the chairman and CEO[56][57] - The audit committee consists of three independent non-executive directors, with specific responsibilities outlined in their written terms of reference[58] - The nomination committee is also composed of three independent non-executive directors, with defined duties available for review on the stock exchange and the company's website[59] - The remuneration committee is formed by three independent non-executive directors, with responsibilities clearly defined in their written terms of reference[60] - The company has established a code of conduct for directors regarding securities trading, which complies with the standards set forth in the Listing Rules[61] - The group operates primarily through subsidiaries in Hong Kong, the United States, and China, and has not violated any applicable laws or regulations during the reporting period[62] Management and Board - The board expresses gratitude to the management and employees for their dedication and hard work during the reporting period[63] - The board of directors includes executive directors and independent non-executive directors, ensuring a diverse governance structure[64] Capital Expenditures - As of September 30, 2025, the company has no significant capital expenditures or major capital commitments[49] - The company has entered into a temporary agreement to acquire property in Hong Kong for a total cash consideration of HKD 47,532,000, expected to be completed by January 30, 2026[52] - There were no purchases, redemptions, or sales of the company's listed securities during the reporting period[55] - The company has no effective share option plan as of September 30, 2025, due to the expiration of the previous plan[54]

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 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。 UPBEST GROUP LIMITED 美建集團有限公司* (Inco ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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之任何損失承擔任何責任。 LANDRICH HOLDING LIMITED 譽燊豐控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2132） 截至二零二五年九月三十日止六個月之 中期業績公告 業績 譽燊豐控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及其附 屬公司（統稱為「本集團」）截至二零二五年九月三十日止六個月之未經審核中期 業績，連同去年同期之比較數字如下： 未經審核簡明綜合損益及其他全面收益表 截至二零二五年九月三十日止六個月 | | | 截至九月三十日止六個月 | | | --- | --- | --- | --- | | | 附註 | 二零二五年 | 二零二四年 | | | | 千港元 | 千港元 | | | | （未經審核） | （未經審核） | | 收益 | 3 | 454,189 | 644,489 | | 直接成本 | | (427,496) | (632,89 ...