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。 CHINA SILVER TECHNOLOGY HOLDINGS LIMITED 中華銀科技控股有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：515） （前稱 TC Orient Lighting Holdings Limited 達進東方照明控股有限公司） 有關季度更新之 補充公告 茲提述中華銀科技控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為 二零二五年十二月三十一日內容有關（其中包括）本公司發展的季度更新的公告（「季 度更新公告」）。除非文義另有所指，否則本公告詞彙與季度更新公告所界定者具有 相同涵義。 補充資料 本公告乃對季度更新公告的補充，應與季度更新公告一併閱讀。除上文所披露者 外，季度更新公告中所載之所有其他資料均維持不變。 2 2. 我們的二零二四至二五全年業績審核工作已於確認現任核數師續聘後隨即展 開。然而，誠如先前公告所披露， ...

Core Insights - The total non-housing debt held by Americans reached $5.09 trillion as of Q3 2025, with an increase of $130 billion over the past year, indicating a growing debt burden among consumers [2] Debt Settlement Overview - Debt settlement may be a viable option for individuals struggling with unmanageable debt, especially if they do not qualify for alternatives like debt consolidation [3][8] - Working with a debt settlement company typically involves paying a fee for negotiating with creditors to settle debts for less than the owed amount [4] Negotiation Process - During negotiations, individuals may be advised to stop making payments on their debts, which can lead to accruing penalties and late fees if no settlement is reached [6][12] - If a settlement is achieved, the funds saved in a dedicated account are used to pay the negotiated amount in a lump sum [6] Pros of Debt Settlement - Debt settlement can potentially reduce the total amount owed, allowing individuals to pay off debts for less than the original balance [7] - It may help individuals avoid bankruptcy, which has long-lasting negative effects on credit [9] Cons of Debt Settlement - There is a risk that creditors may not agree to work with debt settlement companies, leading to no settlements being reached [11] - Accumulating late fees and interest during the negotiation process can result in a higher overall debt balance if no agreement is made [12] - Debt settlement can negatively impact credit scores, as missed payments are reported to credit bureaus [16][17] Fees and Scams - Fees associated with debt settlement can be significant, often based on a percentage of the resolved debt, and upfront fees are a red flag for potential scams [14][15][18] - Legitimate debt settlement companies should not charge fees before successfully negotiating a settlement [19] Alternative Debt Management Options - Alternatives to debt settlement include working with credit counseling agencies to create a debt management plan, which can lower interest rates and consolidate payments without stopping payments [22] - Debt consolidation through personal loans or balance transfer credit cards can simplify repayment but does not reduce the total debt owed [22]

公告称，集团与融创集团订立该等债务清偿协议， 可使集团得以收回融创集团到期应付的部分应收款 项， 有利于化解集团应收账款风险， 且不会对集团现金流及流动性产生任何不利影响。 集团审慎选择 具备可销售性的物业， 并考虑利用在管项目积累的市场信息资源加快目标物业的销售。 智通财经APP讯，融创服务(01516)公布，于2026年1月19日，公司若干附属公司与融创集团若干公司订 立一系列债务清偿协议， 据此， 融创集团将向集团转让若干停车位或房产， 以结清融创集团应付而未 付集团的等额款项。该等债务清偿协议的对价合计约人民币2,626.14万元。 ...

融创服务(01516)公布，于2026年1月19日，公司若干附属公司与融创集团若干公司订立一系列债务清偿 协议，据此，融创集团将向集团转让若干停车位或房产，以结清融创集团应付而未付集团的等额款项。 该等债务清偿协议的对价合计约人民币2,626.14万元。 公告称，集团与融创集团订立该等债务清偿协议，可使集团得以收回融创集团到期应付的部分应收款 项，有利于化解集团应收账款风险，且不会对集团现金流及流动性产生任何不利影响。集团审慎选择具 备可销售性的物业，并考虑利用在管项目积累的市场信息资源加快目标物业的销售。 ...

Core Viewpoint - Wuxi Xuelang Environmental Technology Co., Ltd. has received a "Notice of Full Loan Collection" from Bank of Beijing due to a breach of loan contract, leading to immediate repayment demands totaling approximately 35.1 million yuan [1][5]. Group 1 - The company signed a comprehensive credit contract with Bank of Beijing on March 6, 2024, which resulted in the issuance of loans [1][4]. - The bank has declared all debts under the loan contract due immediately, including a principal amount of 4,122,287.03 yuan and an early due principal of 30,918,498.76 yuan, along with interest and penalties [1][5]. - The total amount involved represents 14.59% of the company's most recent audited net assets [5]. Group 2 - The company plans to actively negotiate with the bank to reach an agreement on handling the loan issues and will enhance efforts in receivables collection and cash flow management [2][5]. - The bank reserves the right to pursue legal actions against the company, which may lead to potential lawsuits, account freezes, and asset seizures [5].

Core Viewpoint - Yida China (03639) announced that its subsidiaries, Rongtai Company and Zhengzhou Yida, failed to repay the principal and corresponding interest on a loan from Northern Trust, leading to a civil lawsuit filed against them [1] Group 1: Legal Proceedings - The Tianjin Second Intermediate People's Court has delivered a civil complaint from Northern Trust against Rongtai Company (the borrower and mortgagor), Zhengzhou Yida (the co-borrower and mortgagor), and two other companies as mortgagors [1] - The lawsuit requests the defendants to repay approximately RMB 482 million in principal and corresponding interest, penalties, and default fees, totaling around RMB 612 million by September 21, 2025 [1] Group 2: Financial Obligations - The plaintiff claims the right to priority compensation from the mortgaged assets provided by the defendants within the agreed mortgage amount [1] - The company is currently seeking legal advice and actively negotiating repayment arrangements for the outstanding principal and accumulated interest [1] Group 3: Ongoing Monitoring - The company will continue to monitor the developments of the legal proceedings and will issue further announcements to update on the situation as it progresses [1]

Core Viewpoint - LeEco plans to invest 180 million yuan in stock trading despite having a debt of 23.8 billion yuan, raising public concerns about prioritizing investment over debt repayment [1][5][7] Group 1: Investment Plan - LeEco intends to invest in various financial instruments, including new stock subscriptions on the Beijing Stock Exchange, stocks in the secondary market, and reverse repos, with a total investment cap of 180 million yuan [1][3] - The investment strategy includes a maximum of 30 million yuan in stocks, with at least 50% allocated to bank stocks and 80% to stocks in the CSI 300 index [3] - The company emphasizes that 150 million yuan of the investment will be in low-risk activities like government bond reverse repos, which they consider a safe investment [3] Group 2: Financial Situation - LeEco's total liabilities have increased from 21.37 billion yuan in 2020 to 23.63 billion yuan in 2024, while total assets are only 1.855 billion yuan [6] - The company reported a revenue of 115 million yuan for the first three quarters of 2025, a decrease of 2.88% year-on-year, with a net loss of 242 million yuan, widening from a loss of 173 million yuan in the previous year [6][8] - As of the end of 2024, LeEco's revenue from film and television distribution was 29.79 million yuan, and from internet services was 287 million yuan, totaling 188 million yuan after inter-segment eliminations [8] Group 3: Company Response - In response to public criticism regarding its investment strategy, LeEco stated that it is not avoiding debt repayment but is uncertain about how to manage its debts given its current financial situation [1][7] - The company maintains that its primary focus is on survival and operational continuity, as losing the company would sever communication channels with creditors, investors, and users [7] - LeEco's main revenue sources include paid membership services in the online video sector, short video operations, copyright business, and television distribution [7]

Group 1 - The company plans to invest 180 million yuan, with at least 150 million yuan allocated for new shares on the Beijing Stock Exchange and reverse repurchase agreements for government bonds, aiming to enhance capital operation returns [1] - The company claims that selling all new shares on the first day of listing among the 25 new stocks listed in 2025 appears to guarantee profits, stating it looks like a "100% profit" opportunity [1] - The company acknowledges investment risks but emphasizes the necessity to earn money to survive [1] Group 2 - The company intends to invest at least 80% of the 30 million yuan in stocks from the CSI 300 index and at least 50% in bank stocks, describing this strategy as relatively conservative [3] - The company explains its high debt situation, indicating that it is not a matter of refusing to repay debts but rather a lack of clarity on how to do so [3] - The company states that after reserving basic operating liquidity, the debt repayment rate will not exceed 1.5%, and it does not reject repaying debts at this ratio, but questions how to manage the limited funds for repayment [3]

Core Viewpoint - LeEco's recent stock investment of 180 million yuan amidst a debt of 23.8 billion yuan has sparked controversy, with the company clarifying that a significant portion of this investment is considered "risk-free" and aimed at enhancing capital operation returns [2][3]. Financial Performance - LeEco's total liabilities have increased from 213.71 billion yuan in 2020 to 237.63 billion yuan in 2024, while total assets remain low at 18.55 billion yuan, resulting in a negative net asset of -213.08 billion yuan [4][6]. - The company's operating revenue has declined from 245 million yuan in 2023 to 188 million yuan in 2024, with a net profit attributable to the parent company of -2.42 billion yuan in the first three quarters of 2025 [7]. Debt Management - LeEco has maintained communication with creditors and has not considered bankruptcy despite its significant debt burden, indicating that the company still has operational value [7]. - The company plans to allocate at least 80% of its stock investment in the CSI 300 index constituents and at least 50% in bank stocks, reflecting a conservative investment strategy [2]. Business Operations - LeEco's main revenue sources include paid membership services in the online video sector, short video operations, copyright business, and television series distribution [7]. - The company emphasizes that its survival is paramount, as it believes that maintaining operations is crucial for communication with creditors and investors [3].

Core Viewpoint - Sunshine Oil Sands has entered into a subscription agreement to issue convertible bonds worth HKD 238 million to settle debts owed to its chairman's wholly-owned company, which will significantly impact the company's capital structure and debt management [1][2] Group 1: Convertible Bonds Issuance - The company has conditionally agreed to issue fixed-rate convertible bonds totaling HKD 238 million, which will be used for the complete and final settlement of debts owed to the subscriber [1] - The initial conversion price for the bonds is set at HKD 0.377 per share, potentially resulting in the issuance of up to 631 million new shares, representing approximately 110.49% of the existing issued share capital [1] Group 2: Debt Management and Financial Impact - The issuance of shares to settle debts will extend the company's obligations to the subscriber by two years and significantly reduce interest costs, as the current outstanding balance incurs an annual interest rate of 10.0% [2] - If the convertible bonds are converted into shares, the company's debt and capital leverage ratio will improve without requiring significant cash outflows [2] - The subscriber will regain control as the major shareholder, which is expected to facilitate financing transactions, as investors typically prefer or require major/controlling stakes for stability and support in long-term strategies [2]