Zhongfa Development Holdings: Expected annual loss reduced to approximately 17.3 million Hong Kong dollars to 19 million Hong Kong dollars.

In the announcement of Zhongfa Development Holdings, it is expected that for the year ending on March 31, 2025, the Group will record a net loss attributable to owners of the company ranging from approximately HK$17.3 million to HK$19 million, which is a decrease compared to the net loss of approximately HK$31.1 million in the previous year. The decrease in losses is mainly attributed to the fair value change of the company's convertible bonds derivative financial instruments, which have changed from a fair value loss in the previous year to a fair value gain in the current year.