（於開曼群島註冊成立的有限公司） （股份代號：2189） 截至二零二五年九月三十日止六個月的中期業績公告 財務概要 中期業績 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份內容而產生或因依 賴該等內容而引致之任何損失承擔任何責任。 Kato (Hong Kong) Holdings Limited 嘉 濤（香港）控股有限公司 嘉濤（香港）控股有限公司（「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」）於截至二零二五年九月三十日止六個月（「本 期間」）的未經審核簡明綜合業績連同截至二零二四年九月三十日止六個月（「過 往期間」）的比較數字列載如下： – 1 – ‧ 本集團於截至二零二五年九月三十日止六個月錄得總收益約174.2百萬港 元，較截至二零二四年九月三十日止六個月增加約17.8%。 ‧ 本集團於截至二零二五年九月三十日止六個月錄得本公司擁有人應佔溢 利約27.0百萬港元，較截至二零二四年九月三十日止六個月增加約5.1%。 ‧ 董事會不建議派付截至二零二五年九月三十日 ...

| 截至九月三十日止六個月 | 二零二五年 | 二零二四年 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 附 | 港幣千元 | 港幣千元 | 註 | （未 | 經 | 審 | 核） | （未 | 經 | 審 | 核） | | | 營業額 | 279,607 | 323,320 | 3 | 銷售成本 | (225,390) | (271,431) | | | | | | | | 毛 | 利 | 54,217 | 51,889 | 其他收入及收益 | 4,294 | 5,143 | | | | | | | | 財務資產已確認減值虧損淨額 | (533) | (26) | 投資物業公平值之增加 | 357 | 611 | | | | | | | | | 分銷開支 | (25,785) | (34,155) | 行政開支 | (38,805) | (36,834) | | | | | | | | | 融資成本 | (1,316) | (1,811) | 佔 ...

Financial Performance - Total revenue for the six months ended September 30, 2025, was approximately RMB 2,352.0 million, an increase of about 10.5% compared to RMB 2,128.2 million for the same period in 2024[2] - Profit for the six months ended September 30, 2025, was approximately RMB 92.0 million, representing a year-on-year increase of about 22.1% from RMB 75.3 million[2] - Basic earnings per share for the six months ended September 30, 2025, was RMB 0.10, an increase of approximately 11.1% compared to RMB 0.09 for the same period in 2024[2] - Gross profit for the six months ended September 30, 2025, was RMB 233.6 million, up from RMB 184.6 million in the previous year, reflecting a significant improvement in profitability[3] - The company reported a total comprehensive income of RMB 93.6 million for the six months ended September 30, 2025, compared to RMB 77.4 million in the previous year, reflecting overall growth[5] - The company reported a net profit of RMB 94,842,000 for the six months ended September 30, 2025, compared to RMB 80,690,000 for the same period in 2024, reflecting a growth of 17.5%[26] - The company's net profit for the six months ended September 30, 2026, was approximately RMB 92.0 million, a 22.1% increase from RMB 75.3 million in the prior year[49] Revenue Sources - Potassium chloride sales contributed RMB 2,170,456,000, up 13.5% from RMB 1,911,006,000 year-over-year[15] - The sales of potassium chloride and potassium sulfate accounted for approximately 92.3% and 6.7% of total revenue, respectively[37] Expenses and Costs - Research and development expenses for the six months ended September 30, 2025, were RMB 19.0 million, compared to RMB 16.8 million in the same period last year, indicating a focus on innovation[3] - Interest expenses on borrowings increased to RMB 11,830,000 from RMB 10,709,000, representing a rise of 10.5%[19] - The cost of inventory recognized as an expense was RMB 2,117,251,000, up from RMB 1,942,601,000, indicating an increase of 9.0%[23] - Cost of goods sold for the six months ended September 30, 2026, was approximately RMB 2,118.4 million, a 9.0% increase from RMB 1,943.7 million in the prior year[38] - General and administrative expenses increased by approximately 16.8% to about RMB 73.7 million, attributed to higher professional fees and business travel expenses[44] Assets and Liabilities - Total assets as of September 30, 2025, were RMB 4,001.7 million, a slight decrease from RMB 4,447.7 million as of March 31, 2025[6] - Current liabilities as of September 30, 2025, were RMB 1,710.0 million, down from RMB 2,161.9 million as of March 31, 2025, indicating improved liquidity management[6] - The company's equity attributable to owners was RMB 2,758.96 million as of September 30, 2025, compared to RMB 2,730.71 million as of March 31, 2025, showing a positive trend in shareholder value[7] - As of September 30, 2025, trade receivables amounted to RMB 184.7 million after deducting credit loss provisions, compared to RMB 312.3 million as of March 31, 2025[30] - The total amount of notes receivable as of September 30, 2025, was approximately RMB 203.3 million, an increase from RMB 129.9 million as of March 31, 2025[30] Dividends and Shareholder Returns - The company declared a final dividend of RMB 0.075 per share for the year ending March 31, 2025, compared to RMB 0.061 per share for the previous year, marking a 22.95% increase[24] - The board recommended a final dividend of RMB 0.075 per share for the year ended March 31, 2025, which was approved by shareholders and paid on October 10, 2025[66] - The board of directors decided not to declare any interim dividend for the six months of the 2026 fiscal year, consistent with the previous fiscal year[66] Strategic Initiatives - The company continues to focus on the production and trade of specialty potassium fertilizers in China, indicating a strategic commitment to its core business[9] - The company plans to establish a subsidiary in Vietnam to operate a new production facility, which is expected to meet the emerging demand in the Asian market[35] - The company has signed a memorandum of understanding to sublease a site for the new facility and is currently seeking necessary local approvals[35] - The company is evaluating strategic business development opportunities in the Middle East, aligning with its long-term global development strategy[35] - The company completed the registration and office leasing for its subsidiary in the Dubai International Financial Centre and Dubai Multi Commodities Centre Free Zone[35] Future Outlook - The company has outlined a future outlook with an expected revenue target of $500 million for the fiscal year 2026, representing a 10% growth year-over-year[77] - The company plans to implement a new marketing strategy that targets eco-conscious consumers, potentially increasing customer base by 18%[77] - The management has provided guidance for the next quarter, expecting a 5% increase in gross margin due to cost optimization strategies[77] Employee and Operational Metrics - As of September 30, 2025, the group had a total of 423 employees, a decrease from 428 employees as of March 31, 2025[65] - The total employee cost for the six months of the 2026 fiscal year was approximately RMB 32.2 million, compared to RMB 31.2 million for the same period in the 2025 fiscal year, reflecting an increase of 3.2%[65] Compliance and Governance - The audit committee reviewed the unaudited interim results for the six months of the 2026 fiscal year and confirmed compliance with applicable accounting principles and standards[70] - The board believes that having the same person serve as both chairman and CEO is beneficial for ensuring internal leadership consistency and effective strategic planning[68]

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 就 因 本 公 告 全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責 任。 Wisdom Education International Holdings Company Limited 光正教育國際控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：6068） 年度業績公告 截 至2025年8月31日止年度 – 3 – 一 節。 – 2 – 截 至2025年8月31日止年度的年度業績 光正教育國際控股有限公司（「本公司」，連 同 其 子 公 司 統 稱 為「本集團」）的董事 （「董 事」）會（「董事會」）欣然宣佈本集團截至2025年8月31日 止 年 度 的 綜 合 業 績。 該等年度業績已經本公司的審核委員會（「審核委員會」）審 閱。 綜合損益及其他全面收益表 | 摘 要 | | | | | | | | --- | --- | --- | --- | --- | --- | -- ...

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 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的任何損失承擔任何責 任。 截至2025年9月30日止六個月之 中期業績公告 摘 要 – 1 – • 有 效 的 產 品 差 異 化 及 銷 售 策 略 帶 動 定 價 首 飾 產 品 銷 售 大 幅 上 升，因 此 本 集團收入較去年同期上升25.6%至68億港元 • 受 惠 於 金 價 上 升 及 毛 利 率 較 高 的 定 價 首 飾 產 品 銷 售 佔 比 增 加，本 集 團 整 體毛利率上升2.0個百分點至34.7%的歷史高位 • 營運槓桿效益帶動經營溢利率提升1.6個百分點至11.4%，經 營 溢 利 因 此 上升45.4%至7.8億港元 • 本集團期內溢利增加44.1%至6.0億港元 • 擬派中期股息為每股0.55港元，派息比率為52% • 海外市場拓展穩健，期內淨增加8間海外店舖，並首次進駐越南市場 • 於2025年10月1日至11月21日，港澳及海外市場與內 ...

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所產生或因依賴該等內容而引致的任何損失承擔任何責 任。 Palasino Holdings Limited 百樂皇宮控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2536） 截至二零二五年九月三十日止六個月 業 績 公 告；及 非執行董事辭任 中期業績 百樂皇宮控股有限公司（「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（「二 零 二 六 年 財 年 上 半 年」）的 未 經 審 核 綜 合 業 績。本 公 司 審 核 委 員 會（「審 核 委 員 會」）在 審 閱 該 等 未 經 審 核 簡 明 綜 合 財 務 報 表 後，方 建 議 董 事 會 批 准。 業務概覽 – 1 – • 於 二 零 二 六 年 財 年 上 半 年，本 公 司 全 球 發 售 及 超 額 ...

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。 ROYAL DELUXE HOLDINGS LIMITED 御佳控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3789） 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公告 財務摘要 | | 截至九月三十日止六個月 | | | | --- | --- | --- | --- | | | 二零二五年 | 二零二四年 | | | | 千港元 | 千港元 | 百分比變動 | | | （未經審核） | （未經審核） | | | 財務摘要 | | | | | 收益 | 347,344 | 335,631 | 3.5% | | 毛利 | 19,273 | 19,326 | (0.3%) | | 毛利率 | 5.5% | 5.8% | (5.2%) | | 本公司擁有人應佔溢利╱（虧損） | 3,684 | (2,920) | 不適用 | | | 於二零二五年 | 於二零二五年 | | | | ...

Financial Performance - The company's unaudited revenue for the six months ended September 30, 2025, was approximately HKD 126.1 million, a decrease of about 62.8% compared to approximately HKD 338.7 million in the same period last year[13] - The unaudited loss attributable to the owners of the company decreased from approximately HKD 10.2 million in the previous year to approximately HKD 7.8 million, primarily due to reductions in employee costs, professional fees, and rental expenses[13] - The gross loss for the period was approximately HKD 73,000, mainly due to a one-time inventory impairment of approximately HKD 2.555 million[13] - Revenue for the six months ended September 30, 2025, was HKD 126,071,000, a decrease of 62.8% compared to HKD 338,745,000 for the same period in 2024[29] - Gross loss for the period was HKD 73,000, compared to a gross profit of HKD 3,454,000 in the previous year[29] - Operating loss for the six months was HKD 5,368,000, an improvement from the operating loss of HKD 8,681,000 in 2024[29] - Loss attributable to the owners of the company was HKD 7,785,000, down from HKD 10,205,000 in the same period last year[30] - Total comprehensive loss for the period was HKD 10,192,000, compared to HKD 12,242,000 in 2024[30] - The group recorded a total segment loss of HKD 7,362,000 for the six months ended September 30, 2025, compared to a loss of HKD 7,996,000 for the same period last year[45] Revenue Breakdown - The company's revenue contributions from the U.S. and China were approximately 7.9% and 91.6%, respectively, with the remaining 0.5% from other markets[15] - The group's unaudited revenue from natural gas sales decreased by approximately 66.4% to about HKD 107,800,000 (2024: HKD 321,000,000) due to significant fluctuations in international gas prices[17] - The unaudited revenue from the power and data cable business slightly increased by approximately 3.4% to about HKD 18,300,000 (2024: HKD 17,700,000), indicating stable business performance[18] - Revenue from the sale of finished oil and chemical products was HKD 107,775,000, a decrease of 66.5% compared to HKD 321,024,000 for the same period last year[46] Financial Position - As of September 30, 2025, the group's total debt was approximately HKD 80,300,000 (March 31, 2025: HKD 72,900,000), with cash and bank balances of about HKD 24,300,000 (March 31, 2025: HKD 20,900,000)[23] - The group's debt-to-asset ratio as of September 30, 2025, was approximately 63.7% (March 31, 2025: 66.0%) indicating a slight improvement in financial stability[23] - Current liabilities exceeded current assets by HKD 54,186,000 as of September 30, 2025, compared to HKD 49,773,000 as of March 31, 2025[31] - Total liabilities amounted to HKD 131,602,000, an increase from HKD 117,336,000 as of March 31, 2025[31] - The group has committed to measures aimed at improving liquidity and ensuring the ability to continue as a going concern, including funding commitments from the controlling shareholder[39] Cash Flow and Liquidity - Cash and cash equivalents increased to HKD 24,342,000 from HKD 20,927,000 at the beginning of the period[35] - Net cash used in operating activities was HKD 2,172,000, compared to a net cash inflow of HKD 2,930,000 in the previous year[35] - The group's financing costs increased to HKD 3,557,000 for the six months ended September 30, 2025, compared to HKD 3,487,000 for the same period last year[48] Share Capital and Ownership - The authorized share capital as of September 30, 2025, was 10,000,000,000 shares with a total value of HKD 40,000,000[61] - The total number of shares available for issuance under the 2021 plan is 253,346,545, which represents 9.4% of the total issued shares[66] - The total number of shares held by major shareholders includes 1,750,549,090 shares owned by Baine Holdings, representing 64.968% of the issued share capital[71] - Mr. Sun Jiusheng controls 1,501,078,281 shares, accounting for 55.710% of the issued share capital[72] - 富盈投资（香港）持有公司股份217,507,014股，占总股本的8.072%[73] - New Origins Limited持有公司股份31,963,795股，占总股本的1.186%[73] - 张叶生先生直接持有161,000,000股股份，占总股本的5.975%[77] Business Strategy and Future Plans - The group plans to focus on the "wind-solar-storage" sector as a new growth curve while maintaining its core natural gas business, aiming for a dual-main business strategy[19] - The group is exploring innovative businesses such as "excess electricity hydrogen production" and "green methanol" to maximize energy utilization and value[20] - The group will continue to seek further development opportunities in the energy sector through investments or acquisitions[21] Corporate Governance - The company has not granted any stock options under the 2021 stock option plan during the interim period[65] - The company has no arrangements to allow directors and major shareholders to profit from acquiring shares or bonds of the company or any other entity during the interim period[69] - 本公司在中期期间内未与任何董事签订重大合约[79] - 本公司在中期期间内未订立任何管理合约[80] - 本公司董事及控股股东在竞争业务中未持有任何权益[81]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 1,188,138,000, representing a 13.6% increase from HKD 1,046,126,000 in the same period of 2024[3] - Gross profit decreased to HKD 89,982,000, down 20.0% from HKD 112,417,000 year-over-year[3] - Operating loss improved to HKD 25,474,000 compared to a loss of HKD 542,494,000 in the previous year, indicating a significant reduction in losses[3] - Loss attributable to owners of the company was HKD 46,882,000, a decrease from HKD 562,895,000 in the prior year[4] - Basic and diluted loss per share for the period was HKD 0.087, compared to HKD 1.30 in the previous year[4] - The company recorded a total loss before tax of HKD 46,537 for the six months ended September 30, 2025, significantly improved from a loss of HKD 576,370 in the same period last year[16] - The group's revenue for the six months ended September 30, 2025, was approximately HKD 1,188,100,000, an increase of about 13.6% compared to approximately HKD 1,046,100,000 in the same period last year[49] Segment Performance - Revenue from external customers for the automotive distribution segment reached HKD 1,071,093, an increase from HKD 862,699 in the previous period, representing a growth of 24.2%[14] - The operating performance for the automotive distribution segment improved to HKD 494 from a loss of HKD 339,236 in the previous year, indicating a significant turnaround[14] - The segment for non-automotive distribution reported a revenue of HKD 85,754, a decline from HKD 146,247, representing a decrease of 41.3%[14] - The automotive distribution segment generated revenue of approximately HKD 1,035,900,000, a growth of about 26.3% from approximately HKD 819,900,000 in the previous fiscal period[42] - Rolls-Royce sales reached approximately HKD 489,900,000, a significant increase of about 103.9% compared to approximately HKD 240,200,000 in the same period last year, with 76 units sold, up 94.9% from 39 units[42] - The non-automotive distribution segment's revenue decreased by approximately 41.6% to about HKD 85,400,000 from approximately HKD 146,200,000 in the previous fiscal period[44] Assets and Liabilities - Total assets decreased to HKD 1,183,263,000 from HKD 1,120,204,000 as of March 31, 2025[5] - Current liabilities decreased to HKD 589,013,000 from HKD 722,669,000, reflecting improved liquidity[5] - The company reported a total segment asset value of HKD 1,303,181 as of September 30, 2025, compared to HKD 1,519,893 in the previous year, reflecting a decrease of 14.3%[15] - The total liabilities of the company amounted to HKD 780,506 as of September 30, 2025, compared to HKD 937,559 in the previous year, indicating a reduction of 16.7%[15] - Total bank loans as of September 30, 2025, were HKD 164,365,000, down from HKD 219,204,000 as of March 31, 2025[39] - The company's debt decreased by approximately 39.7% to about HKD 317,600,000 from approximately HKD 526,800,000 as of March 31, 2025, with a significant reduction in bank loans and other loans used for purchasing automobile inventory[60] Expenses and Costs - Financing costs decreased to HKD 21,063 for the six months ended September 30, 2025, down from HKD 33,876 in the prior period, a reduction of 38.1%[19] - Sales and agency costs decreased by approximately 23.8% to about HKD 92,600,000 from approximately HKD 121,500,000 in the previous fiscal year, primarily due to reduced advertising and marketing expenses as well as decreased depreciation of properties, machinery, and equipment[52] - Administrative expenses decreased by approximately 61.2% to about HKD 17,800,000 from approximately HKD 45,700,000 for the six months ended September 30, 2024, mainly due to a reduction in legal and professional fees related to litigation during the review period[53] - Financing costs decreased by approximately 37.8% to about HKD 21,100,000 from approximately HKD 33,900,000 for the six months ended September 30, 2024, due to timely repayment of bank loans and a decrease in automobile inventory[54] Investments and Shareholder Actions - The company invested HKD 9,633 in non-current segment assets during the period, consistent with the previous year's investment[15] - The group holds 17,000,000 shares of Bang & Olufsen A/S, representing approximately 11.54% of the total issued shares, after acquiring 840,000 shares for about DKK 11,200,000 (approximately HKD 13,500,000)[47] - The group's investment in Bang & Olufsen increased by approximately 21.2% to about HKD 253,600,000, primarily due to share acquisitions during the fiscal period[46] - The company issued a total of 74,879,418 shares at a subscription price of HKD 0.64 per share, raising a net amount of approximately HKD 46,400,000 from the 2024 subscription[69] - As of September 30, 2025, the net proceeds from the fundraising activities amounted to HKD 36.8 million, with HKD 28.8 million utilized and HKD 8.0 million remaining unutilized[71] - The company has adopted a new share incentive plan effective September 29, 2025, replacing the previous share option plan[87] Legal and Governance Matters - The company is committed to maintaining high standards of corporate governance and has complied with applicable codes[94] - The audit committee reviewed the unaudited consolidated financial statements for the six months ended September 30, 2025, and confirmed compliance with applicable accounting standards and adequate disclosures[95] - The company has initiated legal proceedings against the first borrower for the recovery of the outstanding principal amount of HKD 58 million and accrued interest[77] - A bankruptcy petition against the guarantor was submitted on September 2, 2025, with a court hearing scheduled for December 2, 2025[80] - The company has initiated legal proceedings to recover a loan of HKD 32,000,000 from a second borrower due to default[82] - The second borrower was declared bankrupt on February 6, 2024, and the bankruptcy trustee is responsible for asset distribution[82] Other Information - The financial report was authorized for publication on November 27, 2025, and is prepared in accordance with the applicable disclosure provisions of the Listing Rules[8] - There were no significant events occurring after the reporting period up to the announcement date[96] - The company and its subsidiaries did not purchase, sell, or redeem any of the company's listed securities during the six months ended September 30, 2025[97] - The interim results announcement and interim report will be available on the Hong Kong Stock Exchange website and the company's website[98] - As of the announcement date, the company has one executive director and three independent non-executive directors[99]

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 不 會 就 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。 RELIANCE GLOBAL HOLDINGS LIMITED 信保環球控股有限公司* （於百慕達註冊成立之有限公司） （股份代號：723） 截至二零二五年九月三十日止六個月之 未經審核中期業績公佈 信 保 環 球 控 股 有 限 公 司（「本公司」）董 事 會（「董事會」或「董 事」）謹 此 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 簡明綜合業績，連同比較數字如下： 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 二零二四年 | | | ...