PegBio Co., Ltd. — Earnings Release 2024

Mar 18, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

民銀資本控股有限公司

CMBC CAPITAL HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 1141)

POSITIVE PROFIT ALERT

This announcement is made by CMBC Capital Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2024 (the "Relevant Year") and the information currently available to the Board, the Group expects to record a consolidated net profit of approximately HK$45 million to HK$55 million for the Relevant Year (last year: consolidated net loss of HK$572 million).

The Board considers that the above turn from loss to profit was mainly attributable to increases in investment gains or losses and fair value change of the Group's investments, and increase in revenue from investment banking fee-based business due to the Group's transformation and development, and the significant decrease in the provision of expected credit losses on the Group's bond investments and loans and advances during the Relevant Year.

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As at the date of this announcement, the Company is still in the process of preparing the consolidated annual results of the Group for the Relevant Year. The information contained in this announcement is only based on the preliminary assessment on the unaudited consolidated management accounts of the Group and the information currently available to the Board and is not based on any figures or information audited or reviewed by the independent auditor of the Company or reviewed by the audit committee of the Company. Therefore, the actual results of the Group may be subject to further adjustments and changes. Shareholders and potential investors are advised to read carefully the annual results announcement of the Group for the Relevant Year which is expected to be published in due course.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board
CMBC Capital Holdings Limited
Li Baochen
Chairman

Hong Kong, 18 March 2025

As at the date of this announcement, the executive directors are Mr. Li Baochen, Mr. Li Ming and Mr. Ng Hoi Kam; the non-executive directors are Mr. Yang Kunpeng and Ms. Wu Yuan; and the independent non-executive directors are Mr. Lee, Cheuk Yin Dannis, Mr. Wu Bin and Mr. Wang Lihua.

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