Financial Performance - The Group's revenue for the Reporting Period was approximately HK$13,420,000, representing an increase of approximately 8.5% compared to the Corresponding Period[13]. - The Group recorded a loss of approximately HK$5,089,000 for the Reporting Period, which is a decrease of approximately 44.3% compared to the Corresponding Period[13]. - Revenue for the six months ended November 30, 2025, increased to HK$13,420,000, up 8.5% from HK$12,368,000 in the same period of 2024[22]. - Loss before income tax improved to HK$4,845,000, a reduction of 46.5% from a loss of HK$9,141,000 in the prior year[22]. - Total comprehensive loss for the period was HK$5,089,000, down from HK$9,141,000, reflecting a 44.5% improvement[22]. - Basic and diluted loss per share decreased to HK(4.16) cents from HK(8.41) cents, indicating a 50.6% reduction in loss per share[22]. - The Group reported a loss attributable to owners of the Company of HK$5,087,000, an improvement from a loss of HK$9,123,000 in the same period last year[63]. Revenue Sources - Revenue from sales of tobacco, food, and beverage was HK$13,420,000, while entertainment income and event income were HK$0, indicating a shift in revenue sources[51]. - The Group's revenue from the entertainment business increased by approximately HK$1,052,000, or approximately 8.5%, from approximately HK$12,368,000 in the corresponding period to approximately HK$13,420,000 for the reporting period[89]. - Revenue from the entertainment business increased by approximately HK$1,052,000, or approximately 8.5%, from approximately HK$12,368,000 for the Corresponding Period to approximately HK$13,420,000 for the Reporting Period[93]. Costs and Expenses - Cost of inventories sold rose significantly to HK$11,072,000, compared to HK$4,838,000 in the previous year, indicating a 129.5% increase[22]. - Employee benefits expenses decreased by approximately HK$2,863,000, or approximately 47.6%, from approximately HK$6,020,000 for the Corresponding Period to approximately HK$3,157,000 for the Reporting Period[102]. - Total depreciation decreased by approximately HK$855,000, or approximately 27.1%, from approximately HK$3,155,000 for the Corresponding Period to approximately HK$2,300,000 for the Reporting Period[103]. - Other expenses decreased by approximately HK$2,473,000, or approximately 58.8%, from approximately HK$4,206,000 for the Corresponding Period to approximately HK$1,733,000 for the Reporting Period[108]. Assets and Liabilities - Non-current assets increased to HK$1,727,000 as of November 30, 2025, compared to HK$4,318,000 as of May 31, 2025[24]. - Current assets totaled HK$31,021,000, up from HK$27,281,000, representing a 13.4% increase[24]. - Current liabilities rose to HK$31,957,000 from HK$25,719,000, marking a 24.2% increase[25]. - Net assets decreased to HK$791,000 as of November 30, 2025, down from HK$5,880,000 as of May 31, 2025[25]. - Equity attributable to owners of the Company decreased to HK$3,594,000 from HK$8,681,000, reflecting a decline of 58.6%[25]. Cash Flow - For the six months ended 30 November 2025, net cash used in operating activities was HK$469,000, a significant improvement from HK$8,465,000 in the same period of 2024[28]. - The company reported a net cash outflow from investing activities of HK$1,097,000, compared to a net inflow of HK$2,205,000 in the previous year[28]. - Financing activities generated net cash of HK$1,054,000, down from HK$6,160,000 in the prior period[28]. - Cash and cash equivalents at the end of the period were HK$1,037,000, down from HK$1,716,000 at the end of the same period in 2024[28]. - The Group's cash and cash equivalents decreased from HK$1,549,000 as of May 31, 2025, to HK$1,037,000 as of November 30, 2025[78]. Corporate Governance and Compliance - The company has not adopted any new or revised HKFRSs that are relevant and issued but not yet effective for the preparation of the financial results[42]. - The unaudited condensed consolidated financial statements have been prepared in accordance with HKFRSs and applicable disclosures by the GEM Listing Rules[31]. - The company has complied with the Corporate Governance Code throughout the reporting period, with some deviations noted[171]. - All directors confirmed compliance with the required standards of dealings in securities transactions during the reporting period[163]. - The company has adopted the GEM Listing Rules as its code of conduct regarding directors' securities transactions[163]. Shareholder Information - The company has adopted a Share Option Scheme, with 61,056 options granted but not exercised as of June 1, 2025[148]. - As of November 30, 2025, there are up to 1,998,944 outstanding options available for grant[149]. - Ms. Ma Liangping holds 33,870,000 shares, representing 27.71% of the company's shareholding through her controlled corporation, Keen Champ International Investment Limited[156]. - Mr. Wang Ning is a beneficial owner of 17,401,761 shares, accounting for 14.23% of the total shareholding[161]. - Mr. Yuan Lin holds 11,643,250 shares directly and has interests in an additional 12,075,000 shares through a controlled corporation, totaling 9.52% and 9.88% respectively[170]. Risks and Challenges - The company is exposed to significant risks due to fluctuations in the commercial real estate market in Hong Kong, with substantial lease liabilities potentially affecting financial stability[141]. - Purchases from the largest supplier accounted for over 60% of total purchases during the reporting period, posing a risk if supply is interrupted[142]. - The Group's expansion plans in Hong Kong's competitive food and beverage industry involve risks such as securing suitable locations and managing operational costs[137]. Future Outlook - The company has taken measures to improve its working capital and cash flow, including cost management and securing a loan from a shareholder[176]. - The lease agreement for LKF Lounge will expire on January 31, 2026, and the operation will be temporarily suspended until further notice[180]. - No significant events occurred after the reporting period ended on November 30, 2025, except for the change of principal place of business in Hong Kong[179].

Financial Performance - The Group's revenue for the six months ended 30 November 2025 was approximately HK$59.3 million, a decrease from approximately HK$108.1 million for the same period in 2024, representing a decline of about 45.1%[13] - Loss attributable to equity shareholders for the six months ended 30 November 2025 was HK$20.3 million, compared to a loss of HK$12.4 million for the same period in 2024, indicating an increase in loss of approximately 63.7%[13] - Loss per share for the six months ended 30 November 2025 was 6.7 HK cents, up from 4.4 HK cents for the same period in 2024, reflecting a rise of approximately 52.3%[13] - The Group recorded revenue from marine construction works of approximately HK$46.6 million, a decrease of approximately 45.2% compared to HK$85.0 million in the prior period[17] - The Group experienced a gross loss of approximately HK$20.2 million from marine construction works, compared to a gross loss of approximately HK$8.8 million in the prior period, primarily due to challenges in pier reconstruction[18] - Revenue from other civil engineering works amounted to approximately HK$11.4 million, down from approximately HK$16.7 million in the prior period, attributed to the progress of a project at Chek Lap Kok Airport[20] - The Group recorded a gross profit of approximately HK$4.9 million from other civil engineering works, an improvement from approximately HK$0.9 million in the prior period, driven by increased revenue[21] - The company reported a gross loss of HK$14,880,000 for the six months ended 30 November 2025, compared to a gross loss of HK$6,010,000 in the previous year[67] - Loss from operations increased to HK$20,546,000 for the six months ended 30 November 2025, compared to HK$12,717,000 for the same period in 2024, reflecting a 61.5% increase[67] - The company reported a loss of HK$20,256,000 for the six months ended 30 November 2025, compared to a loss of HK$12,443,000 for the same period in 2024, indicating an increase in losses of approximately 63%[74] Dividend and Share Issuance - The Board does not recommend the declaration of any interim dividend for the six months ended 30 November 2025[13] - The Group issued 60,000,000 new shares, raising gross proceeds of approximately HK$7.26 million, with net proceeds of approximately HK$6.93 million allocated for general working capital[41] - The company did not declare any interim dividend for the Period, consistent with the prior period[42] - The company successfully placed 60,000,000 shares at a price of HK$0.121 per share, raising gross proceeds of approximately HK$7.26 million and net proceeds of approximately HK$6.93 million for general working capital[62] Operational Developments - The Group has launched a new health and wellness services segment since January 2024 to diversify its income sources and mitigate risks associated with its marine construction operations[15] - The Group is expanding into health and wellness services to diversify its revenue sources and reduce reliance on marine construction and civil engineering[16] - The Group has maintained its position as the main contractor for two marine construction projects with a combined contract sum of approximately HK$261.4 million[14] - As of 30 November 2025, the Group had three ongoing projects with an aggregate initial contract sum of approximately HK$301.4 million[26] - The Group undertook four projects during the period, with an aggregate initial contract sum of approximately HK$310.2 million, and one project was completed[24] Financial Position - As of 30 November 2025, the Group had cash and bank balances of approximately HK$19.9 million, down from approximately HK$25.3 million as of 31 May 2025[38] - The total net assets decreased to HK$30,153,000 as of 30 November 2025, down from HK$43,460,000 as of 31 May 2025[69] - Current liabilities decreased to HK$22,241,000 as of 30 November 2025, compared to HK$34,706,000 as of 31 May 2025[69] - The company’s total comprehensive income for the period was negative, reflecting ongoing challenges in profitability and operational efficiency[74] - The company reported a net cash generated from financing activities of HK$4,587,000 for the six months ended 30 November 2025, compared to HK$2,207,000 in the same period in 2024, indicating improved financing activity[74] - The total equity attributable to equity shareholders of the company decreased to HK$30,153,000 as of 30 November 2025, down from HK$43,460,000 as of 30 November 2024, reflecting a decline of about 30%[71] Cost Management - General and administrative expenses decreased to approximately HK$7.1 million from approximately HK$8.0 million, attributed to a reduction in administrative staff[36] - Staff costs decreased to HK$19,063,000 in 2025 from HK$28,147,000 in 2024, reflecting a reduction of approximately 32.4%[102] - The company reported no material contingent liabilities as of November 30, 2025[130] Compliance and Governance - The company has complied with the Corporate Governance Code during the reporting period[137] - The Audit Committee, established on November 13, 2020, consists of three independent non-executive Directors and oversees the Group's financial reporting and internal control systems[167] - The Group's unaudited condensed consolidated interim results for the period have been reviewed and approved by the Audit Committee[172] Management and Internal Controls - The Company will enhance and monitor internal control measures, including contract signing procedures, to ensure timely reporting of notifiable transactions to the finance department[142] - Trainings on regulatory and compliance matters under the Listing Rules were conducted in September 2025 to enhance awareness among subsidiary-level directors and senior management[144] - The company confirmed that all Directors have fully complied with the Model Code for Securities Transactions during the reporting period[145] Share Options and Management Remuneration - Key management personnel remuneration for the six months ended November 30, 2025, was HK$1,043,000, a decrease from HK$1,357,000 for the same period in 2024, reflecting a reduction of approximately 23%[135] - As of November 30, 2025, there are 6,000,000 outstanding share options for Directors, representing approximately 1.7% of the issued share capital, and 16,240,000 for employees, representing approximately 4.5%[147] - No share options have been granted, exercised, cancelled, or lapsed under the 2020 Share Option Scheme as of November 30, 2025[151] - The 2024 Share Option Scheme was adopted on November 27, 2024, with no share options granted or outstanding as of November 30, 2025[153] Market and Competitive Environment - The Board anticipates continued challenges in the marine construction sector due to intense market competition and higher technical requirements for project bidding[15] - There are no competing businesses from controlling shareholders or Directors that could directly or indirectly compete with the Group's business during the reporting period[154]

年 報 2025 目 錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 董事及高級管理層履歷詳情 | 17 | | 企業管治報告 | 23 | | 環境、社會及管治報告 | 39 | | 董事會報告 | 57 | | 獨立核數師報告書 | 67 | | 綜合損益及其他全面收益表 | 73 | | 綜合財務狀況表 | 75 | | 綜合權益變動表 | 77 | | 綜合現金流量表 | 78 | | 綜合財務報表附註 | 79 | | 財務概要 | 140 | 1 成志控股有限公司 年報2025 公司資料 董事會 執行董事 劉志宏博士 （主席） 劉志明先生 劉志強博士 （行政總裁） 劉恩琪女士 梁秉綱先生 彭嘉恆先生 黃鎮南先生 董事委員會 審核委員會 彭嘉恆先生 （主席） 梁秉綱先生 黃鎮南先生 薪酬委員會 黃鎮南先生 （主席） 劉志明先生 梁秉綱先生 彭嘉恆先生 提名委員會 梁秉綱先生 （主席） 劉志強博士 彭嘉恆先生 黃鎮南先生 劉恩琪女士 （於二零二五年三月十九日獲委任） 投資委員會 獨立非執行董事 開曼群島註冊辦事處 Windwar ...

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。 UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環球實業科技控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1026） 有關二零二四╱二零二五年年報的補充公佈 茲提述：(i)環球實業科技控股有限公司（「本公司」，連同其附屬公司為「本集團」）日期為二零二五年 九月三十日有關截至二零二五年六月三十日止十八個月（「二零二四╱二零二五財政年度」）之本集團 全年業績之公佈（「二零二四╱二零二五年全年業績公佈」）；及(ii)本公司二零二四╱二零二五財政年 度年報（「二零二四╱二零二五年年報」）。除非文義另有所指，否則本公佈內所用詞彙與二零二四╱ 二零二五年全年業績公佈及二零二四╱二零二五年年報所界定者具有相同涵義。 本公佈旨在提供有關二零二四╱二零二五年年報的若干補充資料。 (1) 本公司謹此重述以下摘錄自二零二四╱二零二五年全年業績公佈第19頁之段落，藉以加入 2024/ ...

Financial Performance - For the fiscal year ending December 31, 2024, the total revenue was RMB 2,078,120,000, a decrease of 37% compared to RMB 3,302,755,000 in 2023[4] - The gross profit for the year was RMB 136,471,000, down 73% from RMB 509,871,000 in the previous year[4] - The net loss for the year was RMB 4,054,953,000, compared to a net loss of RMB 422,414,000 in 2023, representing an increase in losses[4] - The company reported a total loss before tax of RMB 4,841,113,000 for the fiscal year ending December 31, 2024, with property development losses at RMB 917,332,000 and property investment losses at RMB 3,831,005,000[25] - The company reported a loss attributable to shareholders of RMB 4,051,720,000 for 2024, compared to a loss of RMB 464,567,000 in 2023, indicating a significant increase in losses[40] - The total loss before tax was RMB 495,579,000, with property development reporting a loss of RMB 31,338,000 and property investment reporting a loss of RMB 374,641,000[26] Assets and Liabilities - The company's total assets less current liabilities stood at RMB 895,158,000, a significant decrease from RMB 9,171,534,000 in the previous year[6] - The company's non-current assets decreased to RMB 6,065,951,000 from RMB 10,438,766,000 in 2023, reflecting a decline in asset value[6] - The total equity attributable to owners of the company fell to RMB 331,627,000 from RMB 4,392,297,000 in the previous year[7] - The total amount of default and cross-default borrowings is RMB 5,674,024,000, with total interest payable on these defaults amounting to RMB 344,082,000[12] - The total amount of bank and other borrowings was RMB 5,833,124,000, a decrease from RMB 6,047,819,000 in the previous year[49] - The net debt was approximately RMB 6,773,200,000, resulting in a debt-to-equity ratio of approximately 1,241.7% as of December 31, 2024, compared to 150.2% as of December 31, 2023[91] Liquidity and Financing - The company's cash and cash equivalents were only RMB 100,415,000, while current liabilities totaled RMB 15,962,762,000, indicating liquidity challenges[11] - As of December 31, 2024, the company has overdue borrowings totaling approximately RMB 4,342,154,000, with total interest payable of RMB 263,315,000[12] - The company is seeking new financing options, including equity financing, to meet existing financial obligations and future operating expenses[16] - The company has implemented several measures to alleviate liquidity pressure, including extending the maturity of convertible bonds and promissory notes to January 30, 2029[13] - The board believes that, considering the financial situation and measures in place, the company will have sufficient funds to meet its financial obligations over the next 12 months[14] Revenue Sources - For the fiscal year ending December 31, 2024, total revenue reached RMB 2,078,120,000, with property development contributing RMB 1,969,010,000 and property investment contributing RMB 109,110,000[20] - The company anticipates RMB 4,776,505,000 in property sales revenue for the fiscal year 2024, with RMB 2,284,780,000 expected within one year and RMB 2,152,831,000 expected within one to two years[22] - Rental income for the fiscal year 2024 is projected to be RMB 102,035,000, down from RMB 116,213,000 in 2023, reflecting a decrease of approximately 12%[24] - The company reported a total of RMB 1,976,085,000 in revenue from customer contracts for the fiscal year ending December 31, 2024, with RMB 1,969,010,000 from property development and RMB 7,075,000 from property investment[20] Operational Challenges - The company has a significant contract liability from property sales, with customers typically paying 30% to 100% of the contract value upon signing agreements[22] - The company has provided guarantees for mortgage financing from several banks, which may require repayment if customers default on their mortgage payments[22] - The company’s total liabilities and financial obligations are significant, impacting its overall financial health and future investment strategies[25] - The company closely monitors the payment status of accounts payable to ensure all payments are made within the credit schedule[48] Governance and Compliance - The audit committee has reviewed the financial statements for the year ending December 31, 2024, and believes that the accounting policies comply with current best practices in Hong Kong[108] - The board of directors is committed to maintaining effective governance practices, ensuring transparency and accountability to protect shareholder interests[105] - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance by all directors during the reporting period[103] - The board will continue to monitor and review the company's governance practices to ensure compliance with listing rules and promote sustainable growth[107] Future Outlook - The company is focused on accelerating the pre-sale and sale of developed properties to generate sufficient cash inflow[13] - The company plans to continue monitoring segment performance and resource allocation across its divisions[29] - The group plans to adjust marketing strategies in response to policy changes and market cycles, focusing on accelerating sales and ensuring cash flow[73]

Financial Performance - For the fiscal year ending October 31, 2025, the total revenue was RM 259,932,000, a decrease of 10.1% from RM 289,184,000 in the previous fiscal year[5] - The cost of services for the same period was RM 246,801,000, down from RM 285,135,000, resulting in a gross profit of RM 13,131,000, compared to RM 4,049,000 in the prior year[5] - The net loss for the year was RM 1,447,000, slightly improved from a loss of RM 1,552,000 in the previous year[5] - The group's revenue for the year ended October 31, 2025, was RM 259,932,000, a decrease of 10.1% from RM 289,184,000 in 2024[15] - Revenue from factory projects was RM 141,519,000, down 8.8% from RM 155,152,000 in the previous year[15] - The group reported a loss of RM 1,447,000 for the year ended October 31, 2025, compared to a loss of RM 1,552,000 in 2024[23] - The gross profit increased from approximately MYR 4.0 million in FY2024 to about MYR 13.1 million in FY2025, with the gross margin rising from 1.4% to 5.1%[47] - The group reported a loss attributable to owners of the company of approximately MYR 1.5 million in FY2025, a decrease of 6.3% compared to a loss of about MYR 1.6 million in FY2024[52] Assets and Liabilities - Total assets decreased to RM 202,012,000 from RM 260,842,000, indicating a reduction of 22.5%[6] - Current liabilities also decreased to RM 115,325,000 from RM 139,750,000, a reduction of 17.5%[6] - Non-current assets were RM 38,886,000, up from RM 31,638,000, reflecting an increase of 22.9%[6] - The company's equity decreased to RM 124,644,000 from RM 151,423,000, a decrease of 17.7%[7] - Trade receivables from customer contracts decreased to MYR 45,880,000 in 2025 from MYR 90,405,000 in 2024, with a net trade receivables amount of MYR 39,833,000[25] - The total amount of trade and other receivables was MYR 56,028,000 in 2025, down from MYR 99,691,000 in 2024[25] - Contract assets increased to MYR 86,187,000 in 2025 from MYR 84,090,000 in 2024, after accounting for impairment losses[28] - Contract liabilities related to customer advances for construction contracts surged to MYR 23,498,000 in 2025 from MYR 2,554,000 in 2024[29] - Trade payables and notes payable decreased to MYR 60,009,000 in 2025 from MYR 90,822,000 in 2024[31] Cash Flow and Financing - The cash and bank balances decreased to RM 40,154,000 from RM 62,794,000, a decline of 36.2%[6] - Cash and cash equivalents, including bank balances and cash on hand, are subject to interest rates ranging from 0.05% to 4.0% in 2025, compared to 0.6% to 2.7% in 2024[30] - The group has no outstanding bank borrowings as of October 31, 2025, and has a bank overdraft facility of approximately RM 500,000[59] - The group maintains a capital debt ratio of zero as of October 31, 2024, and October 31, 2025[55] - The group’s financing and financial activities are centrally managed, with all bank borrowings denominated in Malaysian Ringgit and subject to floating interest rates[70] Expenses and Costs - The total employee costs amounted to RM 13,685,000, a decrease of 7.1% from RM 14,739,000 in the previous year[19] - The group's administrative and other expenses increased by 15.7% from approximately MYR 8.3 million in FY2024 to about MYR 9.6 million in FY2025[49] - The depreciation expense for property, plant, and equipment increased to RM 3,292,000 from RM 2,280,000 in 2024[19] - Other income, gains, and losses decreased from approximately MYR 4.4 million in FY2024 to about MYR 3.5 million in FY2025, mainly due to lower interest rates on fixed deposits[48] - The financing costs decreased from approximately MYR 21,000 in FY2024 to about MYR 14,000 in FY2025, primarily due to a reduction in lease liabilities interest[50] Dividends and Shareholder Information - A special dividend of HKD 0.037 per share was declared, totaling HKD 46,620,000 (equivalent to MYR 25,939,000) for the year ended October 31, 2025[24] - The board has decided to reallocate approximately RM 1.4 million of unutilized proceeds for strengthening the capital base for potential property projects[75] - The total net proceeds from the public issuance of 315 million shares at RM 0.40 per share amounted to approximately RM 73.5 million (about RM 38.7 million after expenses)[73] - The board of directors proposed a final cash dividend of HKD 0.027 per share for the year ending October 31, 2025, subject to approval at the upcoming annual general meeting[86] Corporate Governance and Compliance - The company has adopted new international financial reporting standards, which did not have a significant impact on the financial performance for the year[11] - The company has confirmed that there are no significant subsequent events from the end of the fiscal year 2025 to the date of this announcement[78] - The independent non-executive directors have reviewed and confirmed that the controlling shareholders have complied with the non-competition agreement throughout the fiscal year 2025[81] - The audit committee has reviewed the consolidated financial statements for the fiscal year 2024 and believes they have been prepared in accordance with applicable accounting standards and regulations[89] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance throughout the fiscal year 2025[83] - The company emphasizes compliance with listing rules regarding the information provided[91] - The company is committed to transparency and timely communication with shareholders[91] - The announcement reflects the company's ongoing corporate governance practices[91] Market Outlook and Business Operations - The Malaysian construction industry is expected to remain stable in the short to medium term, but faces challenges such as rising material costs and labor shortages[53] - The group has only one reporting segment, which is the provision of general contracting services in Malaysia[14] - The group was unable to establish a representative office in Kuala Lumpur to expand its business coverage in West Malaysia due to a lack of available projects in the central region post-COVID-19[74] - As of October 31, 2025, the group had five ongoing construction projects with a total contract value of approximately MYR 587.9 million[41] - The group completed one factory project in FY2025 with a contract value of approximately MYR 83.1 million[39] - The group had uncompleted construction order amounts of approximately MYR 260.6 million as of October 31, 2025, down from MYR 278.9 million in the previous year[46] - The group submitted four tenders for factory projects and won one factory and two infrastructure contracts with a total contract value of approximately MYR 186.2 million and MYR 35.0 million respectively[42] Shareholder Communication - The annual performance announcement and annual report will be published on the company's website and the Hong Kong Stock Exchange website[91] - The 2025 fiscal year annual report will be sent to shareholders and available for viewing on the aforementioned websites[91] - The announcement is made by the board of directors, led by Chairman Low Seah Sun[91] - The executive directors include Low Seah Sun, Low Wui Linn, Seah Peet Hwah, Cheang Wye Keong, and Lau Ah Cheng[91] - The non-executive director is Mr. Tang Ji De, while the independent non-executive directors are Ng Kok Seng, Huang Zhi Wei, and Yeo Chew Yen Mary[91] - The announcement date is January 28, 2026[91] - The company will suspend the handling of shareholder registration from March 26 to March 31, 2026, to determine eligibility for attending the annual general meeting[87] - The company will also suspend shareholder registration from April 9 to April 13, 2026, to determine eligibility for receiving the final dividend[88] - The company has confirmed that there are no competitive interests held by directors in any business that may compete with the group[79] - The company has adhered to all corporate governance codes as outlined in the listing rules for the fiscal year 2025[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（「香港聯交所」）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，並明確表示概不會就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。 NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. 新 東 方 教 育 科 技（ 集 團 ）有 限 公 司 * （於開曼群島存續的有限公司） （股份代號：9901） 截 至 2025 年 1 1 月 3 0 日止第二季度的 未經審核財務業績 我們謹此公佈截至2025年11月30日止三個月及六個月的未經審核業績（「中期業績」）。 本 公 告 乃 根 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.48(1)條作為截至2025 年11月30日止六個月的中期報告提供予我們的股東。中期業績在香港聯交所網站 (www.hkexnews.hk)及我們的網站(http://investor.neworiental.org/)可供查閱。 承董事會命 New Oriental Education & Technology Group ...

East Buy Holding Limited 東方甄選控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1797） 截至2025年11月30日止六個月的 中期業績公告 東方甄選控股有限公司董事會欣然宣佈於報告期間本集團的未經審核綜合中期 業績。該等中期業績已經審核委員會審閱。 於本公告中：(a)「我們」指本公司及（如文義所指）本集團；及(b)除非另有所 指，否則我們的簡明綜合財務報表以本集團的主要功能貨幣人民幣呈列，且所 呈列數字均為近似值，約整至最接近的整數或小數點後一位（倘合適）。 主要財務摘要 | | 截至2025年 | 截至2024年 | | | --- | --- | --- | --- | | | 11月30日 | 11月30日 | | | | 止六個月 | 止六個月 | 變動 | | | 人民幣千元 | 人民幣千元 | | | | （未經審核） | （未經審核） | | | 總營收 | 2,311,629 | 2,186,636 | 5.7% | | 毛利 | 841,639 | 735,143 | 14.5% | | 除稅前利潤╱（虧損） | 308,526 | (72,481) ...

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。 (i) 本 公 司 已 推 進 與 潛 在 投 資 者 代 表 的 討 論。本 公 司、潛 在 投 資 者 代 表 及 二 零 一 七 年 票 據 持 有 人 已 出 席 於 二 零 二 六 年 一 月 的 另 一 次 三 方 會 議，以 詳 細 討 論建議的條款。 – 1 – GREEN LEADER HOLDINGS GROUP LIMITED 綠領控股集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：61） 有關截至二零二四年十二月三十一日止年度的年報 所載不發表意見的 最新情況 茲提述本公司截至二零二四年十二月三十一日止年度且日期為二零二五年三月 三 十 一 日 的 年 報（「年 報」）、本 公 司 日 期 為 二 零 二 五 年 七 月 二 十 八 日 及 二 零 二 五 年 十 月 二 十 八 日 的 公 告（「該等公告」），內 容 有 關（其 中 包 括）年 報 所 載 不 發 表 ...

Financial Performance - The Group recorded a total gain of approximately HK$125.3 million from listed investments for the year ended September 30, 2025[13]. - For the year ended September 30, 2025, the Group reported revenue of approximately HK$145.9 million, a significant increase from a negative revenue of HK$2.3 million in the previous year[37]. - The net profit attributable to equity holders of the Company for the year was approximately HK$131.1 million, compared to a net loss of HK$19.9 million in the previous year[37]. - The performance on listed investments changed from a loss of HK$22.1 million in 2024 to a gain of HK$125.3 million in the Year, comprising a net realised gain of approximately HK$40.6 million and an unrealised gain of approximately HK$84.6 million[38][39]. - The net realised gain of approximately HK$40.6 million includes realised gains of approximately HK$44.7 million, net of realised losses of approximately HK$4.1 million[40]. - The net unrealised gain of approximately HK$84.6 million consists of unrealised gains of approximately HK$109.3 million, offset by unrealised losses of approximately HK$24.7 million[44]. - The Group recorded a net profit of approximately HK$131.1 million for the Year, a significant improvement from a net loss of HK$19.9 million in the previous year[39]. Investment Strategy - The Company anticipates a favorable global investment atmosphere due to expected interest rate reductions by the Federal Reserve in 2026[19]. - The Group plans to adopt cautious measures to manage its investment portfolio amid anticipated global investment instability[22]. - The Group anticipates better performance in global investment markets due to the economic recovery in Hong Kong and potential interest rate declines, although it will continue to manage its investment portfolio cautiously[24]. - The Group expects global investment to be less stable in the coming year due to ongoing tensions in US-China relations, prompting continued prudent management of its investment portfolio[25]. - The Group has been actively seeking fundraising opportunities to strengthen its financial position[51]. Asset and Liquidity Management - As of September 30, 2025, the Group's total assets increased to approximately HK$474.9 million from HK$353.0 million in 2024, with cash and cash equivalents rising to HK$38.3 million[49]. - The Group's current ratio improved from 4.6 as of September 30, 2024, to 11.5 as of September 30, 2025, indicating a strong liquidity position[49]. - The gearing ratio decreased to 8.0% from 14.0% in the previous year, reflecting a low level of debt relative to equity[50]. - The Group raised net proceeds of approximately HK$20.5 million from the convertible bond placing, which was fully utilized for general working capital and future investments[59]. - The Group had pledged listed stocks valued at approximately HK$82.4 million to secure margin financing as of September 30, 2025[108]. Corporate Governance - The Board comprises two Executive Directors and three Independent Non-executive Directors as of the fiscal year ended September 30, 2025[115]. - The Board is committed to maintaining corporate governance standards and compliance with the mandatory Corporate Governance Code provisions[112]. - The Audit Committee, chaired by Mr. Cheung Wai Kin, held three meetings during the year to review financial reporting and risk management systems[135]. - The Company has a strong corporate governance structure to ensure effective oversight of management[128]. - The Board believes it is appropriately structured to provide sufficient checks and balances to protect the interests of the Group and shareholders[121]. Risk Management - The Group identifies and assesses significant risks that may affect its business operations, prioritizing them based on impact and likelihood[157]. - The risk management systems are designed to manage risks rather than eliminate them, providing reasonable assurance against material misstatement[151]. - The Board is committed to implementing effective risk management and internal control systems to safeguard shareholder interests and Group assets[147]. - The management provided an action plan to mitigate identified deficiencies in the risk management and internal control systems[163]. Shareholder Communication - The Company prioritizes effective communication with shareholders and provides relevant information in its interim and annual reports[171]. - The Company encourages shareholders to attend annual general meetings for direct communication with the Board and management[172]. - The procedures for shareholders to convene an extraordinary general meeting require a requisition from shareholders holding at least one-tenth of the paid-up capital[174]. Future Outlook - The Company expressed gratitude to the management team and staff for their contributions during the fiscal year 2024/25[23]. - The Group's business review and likely future development can be found in the "Executive Directors' Statement" on pages 4 to 5[189][198].