(Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 00055 Interim Report 中期報告 2023 Units Nos. 1103 and 1105-1111, Level 11, CORPORATE INFORMATION BOARD OF DIRECTORS Executive directors: Tower 2, Grand Century Place, 193 Prince Edward Road West, Mongkok, Kowloon, Hong Kong 香港九龍旺角太子道西193號 新世紀廣場2期 11 樓 1103室及1105-1111室 Tel 電話：(852) 2669 6111 Fax 傳真：(852) 2677 6556 Website 網址：www.newaygroup.com.hk 中星集團控股有限 公 司 Neway Group Holdings Limited Mr. SUEK Ka Lun, Ernie (Chairman) Mr. SUEK Ch ...

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。 NEWAY GROUP HOLDINGS LIMITED * 中 星 集 團 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） 00055 （股份代號： ） 集團中期業績 Neway Group Holdings Limited * 中星集團控股有限公司（「本公司」）董事（「董事」）會 （「董事會」）公佈本公司及其附屬公司（「本集團」）截至二零二三年六月三十日止六 個月（「本期」）之未經審核簡明綜合業績，連同去年同期之比較數字如下： 簡明綜合損益及其他全面收入報表 截至二零二三年六月三十日止六個月 截至下列日期止六個月 二零二三年 二零二二年 附註 六月三十日 六月三十日 ...

Financial Performance - Total revenue for the year was approximately HK$449.4 million, a decrease of 28.0% from HK$623.6 million in 2021, while the gross profit margin improved to 21.0% from 17.4%[23][25]. - Revenue from the Manufacturing and Sales Business decreased by approximately 29.0% to HK$411.8 million, with a segment loss of approximately HK$6.6 million[36]. - The Music and Entertainment Business generated revenue of approximately HK$3.8 million, a slight decrease from HK$4.4 million in 2021[26]. - The Trading Business contributed approximately HK$27.8 million to total revenue, representing 6.2% of the Group's revenue[26]. - Revenue from manufacturing and sales of printed products decreased by approximately 28.8% to HK$411.8 million compared to HK$578.4 million in 2021[40]. - The segment loss for manufacturing and sales of printed products was approximately HK$6.6 million, an improvement from a loss of approximately HK$10.6 million in 2021[42]. - The gross profit margin increased by 2.9 percentage points to approximately 19.3% for the year, up from approximately 16.4% in 2021[42]. - The Music and Entertainment Business plans to launch a talent show in Hong Kong in 2023 and expand its music licensing through acquisitions[127]. Operational Challenges - The Group faced significant challenges in 2022 due to high inventory levels among customers and strict anti-pandemic measures in China, impacting revenue and profit margins across various business segments[11]. - The Manufacturing and Sales segment's revenue decline was primarily due to high inventory levels at customers and tightened anti-pandemic measures in the PRC[37]. - The Property Development Business experienced negative impacts on sales activities due to economic suppression from pandemic measures[21]. - The Group expects challenges in 2023 due to global economic and political uncertainties, but anticipates a faster recovery of the global economy as epidemic prevention measures are relaxed[113][116]. Strategic Initiatives - The Group is actively exploring business opportunities in Southeast Asia and South America to diversify risks arising from geopolitical tensions, with plans to expand its customer base in the U.S., Europe, and China[14]. - The Group aims to invest in shows and concerts in Hong Kong and collaborate with talents and artists to widen revenue streams in the music and entertainment business as travel restrictions are relaxed[17]. - The Group will continue to seek potential property development projects in Hong Kong and China to further its growth strategy[17]. - The Group plans to enhance sales and marketing activities for Zhongxing Industrial Park in 2023, including engaging more property agents and organizing tours for potential customers[130]. - The Group plans to revise its strategies across all business segments and cautiously expand its operations to seize domestic sales opportunities in manufacturing and property development[113][116]. Financial Position - The Group's total borrowings increased from approximately HK$142.2 million as of December 31, 2021, to approximately HK$195.9 million as of December 31, 2022, reflecting a significant rise in debt levels[102][106]. - The current ratio improved from 2.3 times in 2021 to 3.0 times in 2022, indicating enhanced liquidity and cash flow management[102][103]. - The gearing ratio rose from 17.1% in 2021 to 24.9% in 2022, primarily due to the increase in total borrowings[103][104]. - The Group's cash and cash equivalents increased to approximately HK$200.9 million as of December 31, 2022, up from approximately HK$149.0 million in 2021[102][104]. - The Group's liquidity position remains stable, supported by internal cash flows and available banking facilities to meet future capital expenditures[109][110]. Corporate Governance - The Company has complied with the Corporate Governance Code throughout the year, emphasizing the importance of good corporate governance practices[173][174]. - The Company is committed to enhancing its corporate governance practices to align with the latest developments in the Group[173][178]. - The Board of Directors comprises eight members, including two executive Directors, three non-executive Directors, and three independent non-executive Directors, ensuring a balance of expertise and experience[176][181]. - The Company has established a Remuneration Committee and a Nomination Committee, both comprising three members, ensuring compliance with Listing Rules[185]. - The Company promotes a culture of openness and debate, encouraging all Directors to contribute actively to Board discussions[198].

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。 NEWAY GROUP HOLDINGS LIMITED * 中 星 集 團 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） 00055 （股份代號： ） 截至二零二二年十二月三十一日止年度 全年業績公告 Neway Group Holdings Limited * 中星集團控股有限公司 （「中星」或「本公司」）董事 （「董事」）會（「董事會」）公佈本公司及其附屬公司（統稱「本集團」或「我們」）截至二 零二二年十二月三十一日止年度（「本年度」）之經審核綜合業績，連同截至二零二一 年十二月三十一日止年度（「二零二一年度」）之比較數字如下： 綜合損益及其他全面收入報表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was HK$230,016,000, a decrease of 21.5% from HK$293,097,000 in the same period of 2021[15]. - Gross profit for the same period was HK$51,977,000, down from HK$53,523,000, reflecting a gross margin of approximately 22.6%[15]. - Profit before taxation increased significantly to HK$41,005,000, compared to HK$10,892,000 in the previous year, marking an increase of 276.5%[15]. - Profit for the period was HK$38,195,000, a substantial rise from HK$8,102,000, indicating a year-over-year growth of 371.5%[15]. - Revenue from goods and services was HK$227,104,000, down from HK$289,347,000, representing a decline of 21.5%[15]. - Rental income decreased to HK$1,464,000 from HK$2,735,000, a decline of 46.5%[15]. - Interest income from lending business increased to HK$1,448,000, up from HK$1,015,000, reflecting a growth of 42.7%[15]. - Selling and distribution expenses rose to HK$15,545,000 from HK$13,929,000, an increase of 11.6%[15]. - Administrative and other expenses increased to HK$74,381,000 from HK$62,932,000, a rise of 18.2%[15]. - Other gains and losses, net, significantly improved to HK$77,372,000 from HK$30,604,000, indicating a growth of 152.5%[15]. Profitability Metrics - For the six months ended June 30, 2022, the profit attributable to owners of the Company was HK$38,249,000, a significant increase from HK$8,149,000 in the same period of 2021, representing a growth of 369%[17]. - The total comprehensive income for the period attributable to owners of the Company was HK$14,294,000, slightly down from HK$15,361,000 in the previous year, a decrease of 7%[17]. - Basic earnings per share increased to 15.1 HK cents, compared to 3.2 HK cents for the same period last year, marking an increase of 371%[17]. Asset and Liability Management - Non-current assets decreased from HK$548,159,000 as of December 31, 2021, to HK$387,271,000 as of June 30, 2022, a decline of 29%[20]. - Current assets increased from HK$608,144,000 as of December 31, 2021, to HK$808,384,000 as of June 30, 2022, an increase of 33%[20]. - Cash and cash equivalents rose significantly from HK$145,680,000 to HK$236,267,000, representing an increase of 62%[20]. - Net current assets improved from HK$341,060,000 to HK$553,643,000, an increase of 62%[23]. - Total equity increased from HK$832,058,000 as of December 31, 2021, to HK$846,456,000 as of June 30, 2022, a growth of 2%[23]. - The total liabilities decreased by HK$62,000 in contract liabilities, reflecting better management of obligations[30]. Cash Flow and Financing - For the six months ended June 30, 2022, the net cash used in operating activities was HK$101,689,000, compared to HK$34,900,000 for the same period in 2021, indicating a significant increase in cash outflow[28]. - New bank borrowings raised during the six months ended June 30, 2022, amounted to HK$123,742,000, an increase from HK$91,020,000 in the previous year[30]. - Cash and cash equivalents at the end of the period were HK$236,267,000, up from HK$162,175,000 at the end of June 30, 2021, indicating a strong liquidity position[30]. - The company reported a significant increase in receivables aged 31-60 days, rising to HK$20,250,000 from HK$12,212,000, marking a substantial increase of 65.9%[132]. Revenue Breakdown by Segment - Revenue from the manufacturing and sales business decreased to HK$212,063,000 from HK$271,331,000, representing a decline of 21.8% year-over-year[41]. - Revenue from the music and entertainment business totaled HK$1,531,000, down 34.7% from HK$2,345,000 in the previous year[41]. - The Group's revenue from geographical markets showed a significant decline in Hong Kong, dropping to HK$74,124,000 from HK$114,900,000, a decrease of 35.5%[45]. - Revenue from the People's Republic of China (PRC) also decreased to HK$104,320,000 from HK$117,362,000, a decline of 11.1%[45]. Operational Strategies and Future Outlook - The company plans to continue focusing on operational efficiency and cost management to enhance profitability in future periods[32]. - The group plans to enhance its online sales platform and explore opportunities to invest in potential projects to expand the music licensing business[187]. - The group will revise its sales strategy and allocate resources to improve production efficiency and reduce operating costs in response to economic uncertainties[180]. - The group will continue to allocate more resources to enhance online sales platforms to boost physical record sales and expand membership subscriptions[191]. Investment and Development Activities - The company has made a deposit of HK$2,397,000 for the acquisition of property, plant, and equipment, down from HK$12,677,000 in the previous period[20]. - The company acquired property, plant, and equipment worth approximately HK$16,136,000 during the six months ended 30 June 2022, compared to HK$3,388,000 in the same period of 2021[79]. - The company disposed of investment properties valued at approximately HK$137,357,000 through the disposal of a subsidiary during the six months ended 30 June 2022[84]. - The Group's properties under development increased from nil on 31 December 2021 to approximately HK$215,741,000 by 30 June 2022[102]. Legal and Compliance Matters - The company accepted a tax penalty of approximately HK$3,700,000 and additional tax payables of approximately HK$2,094,000 for previous years of assessment[69]. - The freeze order on the land has been extended to 12 May 2025, impacting the Group's ability to utilize the asset[96]. - The compulsory enforcement proceedings against Zhongqing are pending shareholder approval, delaying the auction process[102].

Revenue and Financial Performance - The Group's revenue from manufacturing and sales of printing products increased by approximately 21% due to higher customer demand driven by changes in product mix [11]. - Total revenue for the year was approximately HK$623.6 million, an increase of 17.1% from HK$532.7 million in 2020 [24]. - Gross profit margin decreased to approximately 17.4% from 25.0% in 2020 [24]. - Revenue from the manufacturing and sales business increased by approximately 19.3% to HK$579.7 million for the year, while the segment loss was approximately HK$16.5 million [45]. - The manufacturing and sales of printing products segment recorded a revenue increase of approximately 20.6% to HK$578.4 million, driven by increased sales orders from both overseas and domestic clients [47]. - The segment loss for the manufacturing and sales business decreased to approximately HK$10.6 million, attributed to a decrease in gross profit margin by 7.2 percentage points to approximately 16.4% [51]. - Revenue from the surgical masks segment decreased to approximately HK$1.3 million, with a loss of approximately HK$5.9 million, leading to the cessation of manufacturing masks [52]. - The music and entertainment business segment revenue increased by approximately 7.8% to HK$4.4 million, with a segment loss of approximately HK$4.5 million [54]. - The Group recorded a fair value gain of approximately HK$46.8 million in "other gains and losses" during the Year, compared to a fair value loss of HK$9.9 million in 2020 [84][86]. - Revenue from the Trading Business increased to approximately HK$33.1 million, but a segment loss of approximately HK$3.1 million was recorded due to a decrease in gross profit margin and higher operational costs [85][87]. Business Strategy and Market Conditions - The Group adopted a conservative approach in response to increased global uncertainty from COVID-19, focusing on a diversification strategy for future performance [10]. - The lending business was affected by the local property market and interest rate movements, leading to a more conservative loan approval process [13]. - The Group plans to continue seeking investment and development opportunities in Hong Kong, the PRC, and other regions [20]. - The Group is committed to reducing exposure to the local property market by investing in new product development and operating platforms [13]. - The local entertainment market remains heavily impacted by COVID-19 policies, prompting the Group to tighten expenses in preparation for market recovery [19]. - The Group will maintain a cautious approach to manage increasing business and credit risks while pursuing expansion opportunities [21]. - The Group expects to face various challenges in 2022 due to economic and political uncertainties, including the prolonged trade dispute between the U.S. and China and the impact of COVID-19 variants [110][113]. - The Group intends to diversify into target market sectors while maintaining strict control over operating costs, despite ongoing global economic uncertainty [118][122]. Property and Development Projects - The property business reached a turning point, with development in Qingyuan City accelerating and the sale of a production facility in Hong Kong completed in January 2022 [20]. - The Group commenced the development of an industrial park project in Qingyuan City, PRC, with phase II construction already started [24]. - The first industrial building's construction commenced in July 2020, with a gross floor area of approximately 22,000 sqm, representing around 5% of the planned gross floor area, and 89.5% of the construction was completed by December 31, 2021 [73][75]. - The second phase development plan submitted in July 2021 has an expected gross floor area of approximately 118,000 sqm, representing around 28% of the planned gross floor area, and will include 19 industrial buildings [73][75]. - The Group intends to apply for compulsory enforcement to auction commercial land parcels in Qingyuan, with plans to develop residential buildings if successful [125]. - The Group plans to engage more property agents to reach potential customers in and around Qingyuan City [127]. Financial Position and Investments - The Group's total borrowings decreased from approximately HK$150.2 million as of December 31, 2020, to approximately HK$142.2 million as of December 31, 2021 [101]. - The current ratio as of December 31, 2021, was 2.3, down from 2.6 in 2020, while the quick ratio decreased from 1.9 to 1.5 [100]. - The gearing ratio improved from 18.1% in 2020 to 17.1% in 2021, primarily due to the reduction in total borrowings [105]. - The Group's cash and cash equivalents were approximately HK$149.0 million as of December 31, 2021, down from approximately HK$228.9 million in 2020 [101]. - The Group's equity instruments at fair value amounted to approximately HK$47.3 million as of December 31, 2021, with a fair value loss in investments of approximately HK$2.7 million during the Year [89][90]. - The largest investment was in Zhong Wei Capital L.P., representing 1.33% of its total share capital, with a fair value of approximately HK$17.5 million [90]. - The top five largest investments amounted to approximately HK$40.1 million, representing approximately 3.5% of the Group's audited total assets as of December 31, 2021 [90]. - The Group plans to carefully study market conditions and monitor investment performance to minimize the impact of market volatility [91]. Corporate Governance and Management - The Board consists of Executive Directors, Non-executive Directors, and Independent Non-executive Directors, ensuring compliance with Listing Rules regarding independent representation [180][183]. - The Audit Committee is chaired by Mr. LEE Kwok Wan, with members including Mr. WONG Sun Fat and Mr. LAI Sai Wo, Ricky, ensuring oversight of financial reporting [178]. - The Remuneration Committee is also chaired by Mr. LEE Kwok Wan, focusing on the compensation structure for the Board members [178]. - The Company has established a Nomination Committee to oversee the appointment and re-election of Directors, chaired by Mr. SUEK Ka Lun, Ernie [178]. - The Chief Executive Officer, Mr. SUEK Chai Hong, is responsible for the operational management and strategic planning of the Company [192]. - All existing independent non-executive Directors have confirmed their independence annually, in line with Listing Rules [183]. - The Company promotes continuous development for Directors through external seminars and training programs at the Company's expense [198]. - The Chairman and Chief Executive Officer roles are held by different individuals to maintain independence and balanced judgment [185]. - The term of appointment for Directors is typically three years, subject to retirement by rotation and re-election [193]. - The Company has maintained effective communication with shareholders, ensuring their views are conveyed to the Board [187].

(Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 00055 Interim R e p o r t 2021 中 期 報 告 中星集團控股有限 公 司 Neway Group Holdings Limited Chung Tai Printing Group Building,11 Yip Cheong Street, On Lok Tsuen, Fanling, N.T., H.K. 香港新界粉嶺安樂工業村業暢街11號中大印刷集團大廈 Tel 電話: (852) 2669 6111 Fax 傳真: (852) 2677 6556 Dr. NG Wai Kwan Mr. CHAN Kwing Choi, Warren Mr. WONG Sun Fat Independent non-executive directors: Mr. LEE Kwok Wan Mr. LAI Sai Wo, Ricky Mr. CHU Gun Pui Alternate director: Mr. LAU Kam Ch ...

(Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 00055 A n n u a l R e p o r t 2020 年 報 中星集團控股有限 公 司 Neway Group Holdings Limited Chung Tai Printing Group Building,11 Yip Cheong Street, On Lok Tsuen, Fanling, N.T., H.K. 香港新界粉嶺安樂工業村業暢街11號中大印刷集團大廈 Tel 電話: (852) 2669 6111 Fax 傳真: (852) 2677 6556 Website 網址: www.newaygroup.com.hk Neway Group Holdings Limited 中星集團控股有限 公 司 A n n u a l R e p o r t 2020 年 報 CONTENTS 目 錄 BOARD OF DIRECTORS Executive directors: Mr. SUEK Ka Lun, Ernie (C ...

(Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 00055 中期報告 Interim Report 2020 中星集團控股有限 公 司 Neway Group Holdings Limited Chung Tai Printing Group Building,11 Yip Cheong Street, On Lok Tsuen, Fanling, N.T., H.K. BOARD OF DIRECTORS Executive directors: Mr. SUEK Ka Lun, Ernie (Chairman) Mr. SUEK Chai Hong (Chief Executive Officer) Non-executive directors: Dr. NG Wai Kwan Mr. CHAN Kwing Choi, Warren Mr. WONG Sun Fat Independent non-executive directors: Mr. LEE Kwok Wan Mr. LAI Sa ...

(Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 00055 年 報 Annual Report 2019 中星集團控股有限 公 司 Neway Group Holdings Limited Chung Tai Printing Group Building,11 Yip Cheong Street, On Lok Tsuen, Fanling, N.T., H.K. 香港新界粉嶺安樂工業村業暢街11號中大印刷集團大廈 Tel 電話: (852) 2669 6111 Fax 傳真: (852) 2677 6556 Website 網址: www.newaygroup.com.hk 年 報 ANN UAL R E P O RT 2019 Neway Group Hol dings Limited 中星集團控股有限 公 司 CONTENTS 目 錄 Neway Group Holdings Limited 中星集團控股有限公司 Annual Report 年報 2019 1 Neway Group Hol ...