期内，集团持续经营产生收益约3.86亿港元(去年同期持续经营产生亏损：1.14亿港元)，主要由于期内 出售一间附属公司之收益(即昊天国际建设投资)。 格隆汇11月28日丨信铭生命科技(00474.HK)公布截至2025年9月30日止六个月的中期业绩。期内，总收 入约为2900万港元(去年同期：约2300万港元)。收入增长主要由於期内减少向租赁物业租户提供免租 期，而去年同期根据租赁协议曾向部分租户提供该等优惠。 ...

于2025年11月25日，鑫苑科技(本公司的全资附属公司)与郑州航美订立了资产抵偿协议3号，郑州航美 同意按人民币375.96万元的总代价向鑫苑科技转让(并促使其附属公司转让(如适用))标的物业3组。代价 将透过抵销郑州航美欠付鑫苑科技的相关金额的未偿还应收账款偿付。 智通财经APP讯，鑫苑服务(01895)发布公告，于2025年11月25日，鑫苑科技(本公司的全资附属公司)与 鑫苑地产同系公司1组订立了资产抵偿协议1号，鑫苑地产同系公司1组同意按人民币8907.31万元的总代 价向鑫苑科技转让(并促使其各自的附属公司转让(如适用))标的物业1组。代价将透过(其中包括)抵销预 付款偿付。 于2025年11月25日，鑫苑科技(本公司的全资附属公司)与天津鑫苑订立了租赁协议，内容有关租用租赁 物业，为期20年。租金将透过抵销天津鑫苑欠付鑫苑科技的相关金额的未偿还应收账款偿付。 于2025年11月25日，鑫苑科技(本公司的全资附属公司)、北京鑫苑弘晟(本公司的全资附属公司)与鑫苑 地产同系公司2组订立了资产抵偿协议2号，鑫苑地产同系公司2组同意按人民币4107万元的总代价向鑫 苑科技及北京鑫苑弘晟转让(并促使其各自 ...

Core Viewpoint - Run China International Holdings (00202) reported its annual results for 2024-2025, showing a revenue increase but continued net losses, indicating ongoing financial challenges despite some operational improvements [3]. Financial Performance - The company achieved a revenue of HKD 108 million, representing a year-on-year growth of 5.56% [3]. - The net profit attributable to shareholders was a loss of HKD 40.21 million, an improvement from a loss of HKD 320 million in the previous year [3]. - The net cash flow from operating activities was -HKD 38.94 million, compared to -HKD 31.31 million in the previous year [3]. - Basic earnings per share were -HKD 0.0055, with an average return on equity of -3.64% [3][20]. Valuation Metrics - As of July 28, the company's price-to-book ratio (TTM) was approximately 0.38 times, and the price-to-sales ratio (TTM) was about 3.78 times [3]. Revenue Composition - The revenue composition for the fiscal year included HKD 78.4 million from agricultural operations and HKD 29.7 million from property investment [16]. Cash Flow Analysis - The net cash flow from financing activities was HKD 136 million, an increase of HKD 201 million year-on-year [24]. - The net cash flow from investing activities was HKD 193 million, up from HKD 64 million in the previous year [24]. Asset and Liability Changes - The company reported a 100% decrease in assets classified as held for sale, with a 25.01 percentage point drop in their proportion of total assets [28]. - Cash and cash equivalents increased by 1154.59%, raising their proportion of total assets by 17.81 percentage points [28]. - Short-term borrowings increased by 67.22%, contributing to a 9.85 percentage point rise in their proportion of total assets [32]. Liquidity Ratios - The current ratio was reported at 0.89, and the quick ratio was at 0.87, indicating liquidity challenges [37].

Core Viewpoint - The announcement details the special audit report on non-operating fund occupation and other related fund transactions for Guanghui Logistics Co., Ltd. for the year 2024, highlighting the financial interactions with related parties and the amounts involved [1]. Summary by Sections Non-Operating Fund Occupation - The report includes a summary table of non-operating fund occupation by related parties, detailing the cumulative amounts and the nature of these transactions [1]. - The total amount of non-operating fund occupation by major shareholders and their subsidiaries is specified, indicating significant financial ties [2]. Related Party Transactions - The report outlines various related party transactions, including prepayments and other receivables, with specific amounts listed for each related entity [3][4]. - For instance, Xinjiang Guanghui Real Estate Development Co., Ltd. has a prepayment amount of 5.09 million RMB for leasing fees, indicating ongoing operational relationships [2][3]. Financial Figures - The report provides detailed financial figures, such as the total amount of receivables from related parties, which includes significant sums like 56,084.9 million RMB for performance compensation from Guanghui Energy Co., Ltd. [4][5]. - Other notable amounts include 1,900.87 million RMB for guarantee fees and various other receivables across different subsidiaries, reflecting the interconnected financial structure of the company [6][7]. Audit Assurance - The board of directors assures that the announcement contains no false records or misleading statements, emphasizing the commitment to transparency and accuracy in financial reporting [1].

Core Viewpoint - Guan Jun International Holdings (01629) reported a decline in revenue and net profit for the fiscal year 2024, with total revenue of 120 million yuan, down 0.94% year-on-year, and a net profit attributable to shareholders of 3.094 million yuan, down 82.05% year-on-year [2]. Financial Performance - The company achieved a net cash flow from operating activities of 21.032 million yuan, a significant improvement from a negative cash flow of 39.349 million yuan in the previous year [2]. - Basic earnings per share were reported at 0.0057 yuan, with a weighted average return on equity of 1.21%, reflecting a decrease of 5.85 percentage points compared to the previous year [21][2]. Valuation Metrics - As of April 30, the company's price-to-earnings ratio (TTM) was approximately 24.52 times, the price-to-book ratio (TTM) was about 0.3 times, and the price-to-sales ratio (TTM) was around 0.64 times [2]. Revenue Composition - For 2024, the revenue composition included 12.9 million yuan from property leasing and 104.8 million yuan from the sale of consumer paper products [16][12]. Cash Flow Analysis - The net cash flow from financing activities was -13.015 million yuan, a decrease of 5.876 million yuan year-on-year, while the net cash flow from investing activities was -139,000 yuan, improving from -4.007 million yuan in the previous year [23]. Asset and Liability Changes - As of the end of 2024, prepayments increased by 1,605.66%, while inventory decreased by 89.74%, and fixed assets decreased by 16.49% [34]. - Other payables increased by 33.57%, while tax payables decreased by 58.94% [37]. Liquidity Ratios - The company reported a current ratio of 3.51 and a quick ratio of 3.42 for 2024, indicating strong liquidity [40].