Min Xin Holdings Limited released its audited results for the year ended 31 December 2025, posting a profit attributable to shareholders of HK$119.60 million, up 36.4% from 2024. Management cited Renminbi appreciation and a smaller one-off exchange loss related to its micro-credit unit as key contributors.

Revenue and Earnings • Total revenue climbed 12.7% to HK$255.45 million. • Operating profit rose sharply to HK$66.10 million from HK$8.23 million a year earlier, aided by a swing to HK$2.95 million in net other gains versus a HK$29.48 million loss in 2024. • Finance costs dropped 12.3% to HK$38.72 million. • Basic earnings per share increased to 20.03 HK cents (2024: 14.68 HK cents).

Balance-Sheet Highlights • Total assets expanded 6.1% to HK$9.46 billion. • Equity attributable to shareholders grew 6.4% to HK$8.32 billion, lifting net asset value per share to HK$13.93. • Gearing ratio (total borrowings / net assets) eased to 10.4% (2024: 10.7%), while the liabilities-to-equity ratio improved to 13.7% (2024: 14.0%). • Cash and bank balances stood at HK$987.48 million; borrowings totalled HK$864.61 million, of which HK$781.61 million were bank loans and HK$83.00 million a shareholder loan.

Segment Performance Financial Services – Profit after tax: HK$98.56 million, down 8.5% year on year. – Major associate Xiamen International Bank (XIB) contributed HK$98.22 million, accounting for 82.1% of group earnings. XIB’s profit (for Min Xin’s reporting purpose) fell 24.4% to RMB1.04 billion amid lower investment gains, though net interest income rose 15.3%. XIB’s total assets edged up 1.4% to RMB1.16 trillion, and its impaired-loan ratio improved to 2.06%.

Insurance – Insurance revenue increased 4.9% to HK$196.63 million. – Insurance service surplus widened 24.9% to HK$26.76 million. – Profit after tax advanced 18.4% to HK$16.35 million, supported by higher underwriting income and stronger investment returns. – The subsidiary received a HK$120 million capital injection and maintained an AM Best Financial Strength Rating of B++ with an outlook upgrade to positive.

Property Investment – Rental income rose 15.0% to HK$9.16 million. – Segment swung to a HK$1.37 million profit after tax from a HK$1.13 million loss, helped by smaller fair-value write-downs on investment properties in Fuzhou.

Strategic Investments – Dividend income from Huaneng Power International A-shares increased to HK$20.07 million. The stake’s fair value rose HK$74.54 million, booked in other comprehensive income.

Capital Management The Board recommends a final dividend of 8 HK cents per share (total outlay: HK$47.78 million), marking a resumption of payouts after no dividend for 2024. Subject to approval at the 11 June 2026 AGM, payment is slated on or before 8 July 2026.

Post-balance-sheet Events • February 2026: The Group’s investment partnership agreed to raise its stake in Beijing Yuanbao Technology to 28.61% for RMB58.30 million. • March 2026: XIB issued additional shares to a new investor, diluting Min Xin’s interest from 8.689% to 8.4314%; the change is expected to generate an estimated HK$10 million dilution loss in 2026 financials.

Outlook Management intends to maintain prudent financial discipline, enhance business mix and risk controls, and pursue high-quality growth amid ongoing macro-economic uncertainties.