1.从2026年1月1日起，子公司将与青岛公司合作拓展青岛公司属下的高尔夫球场和天然温泉酒店等业 务。子公司将引进人工智能技术及以大健康概念融入青岛公司业务中。 2.订约双方同意青岛公司将向子公司支付100万元人民币合作管理费，签约后30天内支付10%，另外90% 于2026年12月31日前支付。双方并同意若青岛公司于2026年盈利达5000万元人民币，子公司将额外分享 青岛公司盈利中的10%，此款将于2027年1月31日前由青岛公司向子公司支付。(截至2025年11月30日止 11个月，青岛公司营业额为6500万元人民币，盈利录得2500万元人民币)。 谊砾控股12月23日发布公告，公司的全资附属公司谊砾石墨有限公司和青岛天泰文旅产业集团有限公司 于2025年12月23日签订为期三年的合作管理合约。合约主要内容为： 智通财经APP获悉，香港联交所最新资料显示，12月23日，谊砾控股(00076)股东将股票由大湾区深港证 券转入星展银行香港，转仓市值336.72万港元，占比5.49%。 ...

1.从2026年1月1日起，子公司将与青岛公司合作拓展青岛公司属下的高尔夫球场和天然温泉酒店等业 务。子公司将引进人工智能技术及以大健康概念融入青岛公司业务中。 谊砾控股(00076)发布公告，公司的全资附属公司谊砾石墨有限公司和青岛天泰文旅产业集团有限公司 于2025年12月23日签订为期三年的合作管理合约。合约主要内容为： 2.订约双方同意青岛公司将向子公司支付100万元人民币合作管理费，签约后30天内支付10%，另外90% 于2026年12月31日前支付。双方并同意若青岛公司于2026年盈利达5000万元人民币，子公司将额外分享 青岛公司盈利中的10%，此款将于2027年1月31日前由青岛公司向子公司支付。(截至2025年11月30日止 11个月，青岛公司营业额为6500万元人民币，盈利录得2500万元人民币)。 ...

2.订约双方同意青岛公司将向子公司支付100万元人民币合作管理费，签约后30天内支付10%，另外90% 于2026年12月31前支付。双方并同意若青岛公司于2026年盈利达5000万元人民币，子公司将额外分享青 岛公司盈利中的10%，此款将于2027年1月31日前由青岛公司向子公司支付。(截至2025年11月30日止11 个月，青岛公司营业额为6500万元人民币，盈利录得2500万元人民币)。 1.从2026年1月1日起，子公司将与青岛公司合作拓展青岛公司属下的高尔夫球场和天然温泉酒店等业 务。子公司将引进人工智能技术及以大健康概念融入青岛公司业务中。 格隆汇12月23日丨谊砾控股(00076.HK)发布公告，公司的全资附属公司谊砾石墨有限公司("子公司")和 青岛天泰文旅产业集团有限公司("青岛公司")于2025年12月23日签订为期三年的合作管理合约("该合 约")。合约主要内容为： ...

1.从2026年1月1日起，子公司将与青岛公司合作拓展青岛公司属下的高尔夫球场和天然温泉酒店等业 务。子公司将引进人工智能技术及以大健康概念融入青岛公司业务中。 2.订约双方同意青岛公司将向子公司支付100万元人民币合作管理费，签约后30天内支付10%，另外90% 于2026年12月31日前支付。双方并同意若青岛公司于2026年盈利达5000万元人民币，子公司将额外分享 青岛公司盈利中的10%，此款将于2027年1月31日前由青岛公司向子公司支付。(截至2025年11月30日止 11个月，青岛公司营业额为6500万元人民币，盈利录得2500万元人民币)。 智通财经APP讯，谊砾控股(00076)发布公告，公司的全资附属公司谊砾石墨有限公司和青岛天泰文旅产 业集团有限公司于2025年12月23日签订为期三年的合作管理合约。合约主要内容为： ...

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之任何損失承擔任何責任。 ELATE HOLDINGS LIMITED 誼礫控股有限公司 （ 於香港註冊成立之有限公司） （ 股份代號： 076） 自願公告 業務發展最新情況 本公司董事會(「董事會」)欣然宣布，本公司之全資附屬公司誼礫石墨有限公司 （「子公司」）和青島天泰文旅產業集團有限公司（「青島公司」）於二零二五年 十二月二十三日簽訂為期三年之合作管理合約（「該合約」）。合約主要內容為： 1 1. 從二零二六年一月一日起，子公司將與青島公司合作拓展青島公司屬下的高 爾夫球場和天然溫泉酒店等業務。子公司將引進人工智能技術及以大健康概 念融入青島公司業務中。 2. 訂約雙方同意青島公司將向子公司支付 100 萬元人民幣合作管理費，簽約後 30 天內支付 10%，另外 90%於二零二六年十二月三十一日前支付。雙方並 同意若青島公司於二零二六年盈利達 5,000 萬元人民幣，子公司將額外分享 青島公司盈利中的 10%，此款將於二零 ...

Industry Overview - Golf remains a popular sport in the U.S., with a record 47.2 million Americans aged 6 and above participating in 2024 [1] - The golf industry is experiencing a mix of growth and challenges, highlighted by significant investments and bankruptcies [2][3] Company Developments - Topgolf Callaway Brands Corp. has signed an agreement to sell a 60% stake in its Topgolf and Toptracer business to private equity funds for approximately $1.1 billion [2] - Nicklaus Companies LLC, a prominent golf-course designer, filed for Chapter 11 bankruptcy protection after a $50 million damages judgment in a lawsuit [5] - The bankruptcy filing by Nicklaus Companies includes assets between $10 million to $50 million and liabilities ranging from $500 million to $1 billion [6] Bankruptcy Filings - Several golf businesses have filed for Chapter 11 protection in 2025, including PinSeekers DeForest, which operates a hybrid-golf entertainment venue [3] - Notable golf course bankruptcies include Meadows Country Club in Florida, which filed for Chapter 7 liquidation, and Wohali Land Estates LLC's golf course in Utah, which filed for Chapter 11 with approximately $13 million in debt [4]

Core Viewpoint - Trump's golf course in Scotland has been locked down due to a suspicious package incident [1] Group 1 - The lockdown of the golf course raises concerns about security and potential impacts on business operations [1] - This incident may affect the reputation of Trump's brand in the hospitality and leisure industry [1] - The response from local authorities indicates a serious approach to security threats, which could influence future events at the venue [1]

Core Points - President Trump inaugurated his new golf course in Aberdeen, Scotland [1] Group 1 - The golf course is part of Trump's business ventures in the UK [1]

Financial Data and Key Metrics Changes - The company's balance sheet has grown to over $1 billion, with a compound annual growth rate (CAGR) of 17% from 2016 to 2024 [28] - Consolidated and unconsolidated revenue increased from approximately $97 million to $780 million, reflecting a CAGR of 30% [29] - EBITDA grew from $26 million to $166 million, with a CAGR of 26% [30] - Net income rose from about $16 million to $74 million, with a CAGR of 21% [30] - Earnings per share increased from $0.21 to $1.27, with a CAGR of 25% [31] Business Line Data and Key Metrics Changes - The residential segment experienced flat growth due to the timing of seeding and harvesting cycles, while hospitality and leasing segments grew [36] - The company has 21,309 residential units in production, with 15,151 units in the concept planning phase and 3,900 units in engineering and permitting [58][61] Market Data and Key Metrics Changes - Florida's population grew at 8.5% from 2020 to 2024, with Bay County at 14% and Walton County at 19%, indicating strong regional growth [23][24] - The airport's passenger traffic increased from over 312,000 to 1.8 million, a 500% increase, reflecting regional growth [26] Company Strategy and Development Direction - The company aims to expand its portfolio of recurring income-producing commercial and hospitality properties while developing residential communities for long-term revenue [20] - The strategy includes a multifaceted capital allocation approach focusing on growth, debt reduction, and stock repurchases [20] - The company is actively pursuing detailed specific area plans (DSAPs) for residential development, with 10 approved and 7 more in the pipeline [75][76] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of migration to the business, noting that as long as migration continues, the company is well-positioned [22] - The company anticipates more harvesting years in the future, with expectations for increased residential development [56] Other Important Information - The company has maintained a consistent capital allocation strategy, with 65% of capital allocated for growth, 30% for stock repurchases, and 5% for dividends [46] - The company has reduced corporate and other operating expenses from 24% to 6% of consolidated revenue since 2016, indicating improved efficiency [48] Q&A Session Summary Question: What is the company's outlook on residential development? - Management indicated that residential development is cyclical, with a focus on seeding and harvesting cycles, and expects more harvesting in the upcoming year [56] Question: How does the company manage its debt? - The company utilizes project-level financing, with 28% of total assets in project debt, and has a strategy for debt reduction [44] Question: What are the key growth areas for the company? - Management highlighted the State Road 79 corridor as a key area of focus, with significant interest from builders and developers [90]