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Revenue Achieved Over 40% Growth Y-o-Y

Highlights:

• Revenue increased by 41.3% to approximately HK$8,572.2 million.
• Gross profit increased by 37.6% to approximately HK$486.2 million.

Financial Highlights:

HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – CR Construction Group Holdings Limited (“CR Construction” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1582.HK), a building contractor in Hong Kong, announced its annual results for the year ended 31 December 2025 (“FY 2025”). During FY 2025, the revenue recorded by the Group amounted to approximately HK$8,572.2 million representing an increase of approximately 41.3% as compared to approximately HK$6,066.0 million for the year ended 31 December 2024 (“FY 2024”). Profit for the year of the Group during FY 2025 was approximately HK$42.2 million.

In FY 2025, gross profit of the Group was approximately HK$486.2 million, representing an increase of approximately 37.6% as compared to approximately HK$353.2 million for FY 2024. The Group’s gross profit margin was approximately 5.7% and 5.8% for the year ended 31 December 2025 and 2024, respectively. During the Reporting Period, earnings per share of the Group was approximately HK7.84 cents (FY 2024: HK10.74 cents).

BUSINESS REVIEW
Construction Operations
As at 31 December 2025, the Group had 50 projects on hand with an aggregate original contract sum of approximately HK$32.6 billion. During FY 2025, the Group had been awarded 15 new projects with an aggregate original contract sum of approximately HK$5.6 billion and had completed 17 projects with an aggregate original contract sum of approximately HK$6.1 billion.

Building Construction Works
In FY 2025, the revenue generated from the building construction works was HK$7,697.8 million, representing an increase of approximately 42.1% as compared to approximately HK$5,414.5 million for the FY 2024. The increase was mainly due to the increase in revenue generated from new projects and existing projects during the year.

During FY 2025, the gross profit of building construction works was approximately HK$334.6 million, representing an increase of approximately HK$96.5 million as compared to approximately HK$238.1 million for FY 2024. The gross profit margin decreased slightly to approximately 4.3% (2024: 4.4%).

Repair, Maintenance, Alteration and Addition (“RMAA”)
The revenue generated from the RMAA works increased by approximately 40.4% from approximately HK$512.0 million for FY 2024 to approximately HK$718.9 million for FY 2025.

The gross profit of RMAA works was approximately HK$93.3 million, representing an increase of approximately HK$22.4 million from the gross profit of approximately HK$70.9 million for FY 2024. The gross profit margin decreased to approximately 13.0% for FY 2025. The increase in gross profit and decrease in gross profit margin was mainly due to increase in revenue from RMAA work projects with lower gross profit margin in FY 2025.

Environmental Operations
As at 31 December 2025, the Group had 8 projects with an aggregate original contract sum of approximately HK$158.4 million and 28 projects relating to service concession arrangements and operation services.

During FY 2025, the Group demonstrated its capacity for market expansion by securing its first wastewater treatment construction contract outside of Zhejiang Province in Gaoping City, Shanxi. Furthermore, the Company strategically formed a joint venture with Tiantai Construction and the Group to pursue new opportunities in environmental services and sewage treatment, thereby enhancing its existing business.

The revenue generated from the environmental operations in FY 2025 was approximately HK$155.5 million, representing an increase of approximately 11.5% as compared to approximately HK$139.5 million for FY 2024.

In FY 2025, the gross profit was approximately HK$58.3 million, representing an increase of approximately HK$14.1 million as compared to approximately HK$44.2 million in FY 2024. The gross profit margin increased to approximately 37.5% in FY 2025. This is mainly due to increase in revenue from sewage and reclaimed water treatment services, which contributed higher gross profit margin during FY 2025.

CONTRACT COSTS
The Group’s contract costs primarily consisted of subcontracting costs, material costs, direct staff costs and site overheads. The contract costs of the Group in FY 2025 were approximately HK$8,086.0 million, representing an increase of 41.5% compared to approximately HK$5,712.8 million in FY 2024, which was in line with increase in revenue, and was mainly attributable to the increase in subcontracting costs, material costs, direct staff costs and site over heads for new and existing projects in FY 2025.

TECHNOLOGICAL INNOVATION
During FY 2025, the Group placed significant emphasis on technological innovation to enhance its core competitiveness in the construction industry. The total expenditure for research and development was approximately HK$23.3 million.

The Group continued to implement its enhanced Smart Site Safety System (4S), reinforcing our safety management framework and maintain our ISO 27001 certification. The Group has also integrated a range of digital solutions – including BIM, 4S, RPA, and the MaiaAI System – into project management and daily operation, significantly improving both efficiency and safety standards. The Group’s AI Tower Crane System received with 2025 CIC Construction Innovation Award – Local Award (Construction Safety 2^nd Prize).

PROSPECTS
Subsequent to 31 December 2025, the Group has been further awarded 3 new projects relating to 1 building construction works contracts with original contract sum of approximately HK$3,590 million; and 2 RMAA works contract with an aggregate original contract sum of approximately HK$9.3 million.

The proactive measures outlined in 2025 Policy Address to accelerate infrastructure and stimulate industry growth present a significantly positive outlook for the local construction sector.

The commitment to major projects such as the Northern Metropolis, the Hong Kong-Shenzhen Innovation and Technology Park, and new transportation infrastructure is expected to generate substantial momentum for the Group’s business.

The Group will actively support and leverage government initiatives. We will remain focused on securing new and profitable project opportunities. Building on our proven expertise, the Group is strategically positioned to explore and pursue suitable construction business ventures both in Hong Kong and overseas.
Hashtag: #CRConstruction #華營建築 #AnnualResults

The issuer is solely responsible for the content of this announcement.

CR Construction Group Holdings Limited

CR Construction Group Holdings Limited, which is carrying out construction business for over 55 years locally, is one of the leading building contractors in Hong Kong. The Group principally act as a main contractor in building construction works and RMAA works projects across public and private sectors in Hong Kong. As a main contractor, the Group is responsible for (i) overall management of the projects; (ii) formulating work programmes; (iii) engaging subcontractors and supervising their works; (iv) sourcing construction materials; (v) communication and coordination with the customers and their consultant teams; and (vi) safeguarding compliance with safety, environmental and other contractual requirements.

The meeting highlighted the role of LuLu Group International, which operates more than 280 hypermarkets across the Gulf Cooperation Council, in maintaining steady flows of essential commodities including rice, wheat, pulses, fruits and vegetables. Officials familiar with the interaction indicated that the discussion centred on logistics efficiency, pricing stability and the need to safeguard uninterrupted shipments during periods of geopolitical and climate-related uncertainty.

Yusuff Ali is understood to have outlined how the group has expanded sourcing networks and strengthened warehousing capacity to manage demand across markets such as United Arab Emirates, Saudi Arabia, Qatar, Oman and Kuwait. These countries rely significantly on imports to meet domestic consumption needs, making supply chain continuity a strategic concern for both governments and private sector operators.

India remains a major exporter of food products to the Gulf, with staples such as basmati and non-basmati rice forming a substantial share of shipments. Fresh produce, seafood and processed foods have also seen sustained demand as expatriate populations grow and consumption patterns diversify. Trade data over the past year has shown that food exports to GCC markets have held steady despite fluctuations in global commodity prices and shipping costs.

The discussion comes against a backdrop of tighter export controls imposed at various points to stabilise domestic food prices. Authorities have intermittently restricted shipments of certain grains, including rice varieties, prompting concerns among importing nations about supply reliability. Industry participants say large retailers with integrated supply chains, such as LuLu, have been better positioned to absorb shocks by diversifying sourcing and building buffer stocks.

Government officials have emphasised that export policies are calibrated to balance domestic needs with international commitments. During the interaction, Modi is said to have reiterated the importance of maintaining India’s reputation as a dependable supplier while ensuring affordability within the domestic market. The approach reflects a broader strategy of using trade diplomacy to reinforce economic ties with key regions.

LuLu Group’s operations have evolved beyond retail into food processing, logistics and distribution, enabling it to play a pivotal role in linking producers in India with consumers across the Gulf. The company sources directly from farms and cooperatives, reducing intermediaries and allowing for more competitive pricing. This model has gained traction as governments encourage greater efficiency in food supply chains.

Analysts note that Gulf countries have been investing in food security initiatives, including overseas farmland acquisitions, strategic reserves and partnerships with large distributors. Retailers such as LuLu have become central to these efforts, providing the infrastructure needed to manage large-scale imports and ensure consistent availability at the consumer level.

Yusuff Ali has previously highlighted the importance of long-term partnerships between exporters and retailers in stabilising supply. The group has expanded procurement centres across multiple states, enabling it to source a wide range of products while maintaining quality standards required by Gulf markets. Investments in cold chain logistics have also helped reduce wastage and improve delivery timelines.

The meeting also touched on opportunities to enhance bilateral trade flows through digitalisation and improved port connectivity. Industry experts argue that reducing transit times and streamlining customs procedures could further strengthen supply chains, particularly for perishable goods. With global shipping routes facing periodic disruptions, efficiency gains at origin and destination ports have become increasingly critical.

India’s engagement with the GCC has deepened across sectors, with food trade forming a key pillar of economic cooperation. The region accounts for a significant share of India’s agricultural exports, while remittances and energy imports reinforce the interdependence between the two sides. Strengthening food supply mechanisms is seen as part of a broader effort to secure mutual economic interests.

Under the MOU, Green GSM will supply 2,000 VinFast Nerio Green electric vehicles to AMRC Renewable Corp/Xentro Motors. The first 1,000 units have already been secured, with the remaining to be delivered within two years. The fleet will operate under the co-branding “Green Xentro powered by Green GSM” across Metro Manila and key urban centers, following the completion of all necessary regulatory and accreditation processes.

The Green Xentro fleet will showcase Green GSM’s signature cyan color and follow eco-friendly standards, similar to those used in other markets. Known for their quiet operation, zero tailpipe emissions, and comfortable interiors, VinFast electric vehicles aim to offer passengers a cleaner and more enjoyable ride.

Green GSM, which began deploying its all-electric ride-hailing service in the Philippines earlier this year, is developing a partner-based operational approach to increase EV adoption while fully complying with local regulations. AMRC Renewable Corp/Xentro Motors viewed this collaboration as an opportunity to contribute to the country’s growing sustainable transportation movement. Once all approvals are secured, the fleet will begin operations under the Green GSM platform.

Through this partnership, Xentro Motors will also utilize its nationwide Xentro Malls network to offer accessible pick-up zones, EV charging stations, and parking areas, improving convenience for passengers and drivers. This initiative supports the group’s broader goal of incorporating sustainability into its retail and property ecosystem.

The partnership will also benefit from VinFast’s service ecosystem, which includes fleet maintenance, charging infrastructure, and driver support, strengthening Xentro’s collaboration with the Vietnamese automaker.

“We are honored to partner with Green GSM in bringing all-electric ride-hailing closer to Filipino communities,” said Mr. Noel M. Ignacio, CEO of Xentro Motors. “This collaboration reflects our belief that sustainability and progress can go hand in hand. By integrating electric mobility into our ecosystem, we aim to support the country’s long-term transport modernization goals and enhance daily commutes for users.”

“This partnership with Xentro Motors marks another important step in our regional journey,” said a representative of Green GSM. “Green GSM always welcomes and creates favorable conditions for local businesses to collaborate on the GSM platform. Across the countries where GSM operates, we have successfully partnered with and supported more than 100 enterprises in building sustainable business models within the electric mobility ecosystem. Xentro is the first of such valued partners in the Philippines, and we believe this cooperation will set a positive example for future collaborations. Our mission remains clear, to work alongside partners who share the same vision for cleaner, smarter, and more inclusive mobility, because when communities and businesses move together, everyone benefits”.

The collaboration represents a shared belief that meaningful change in mobility begins with collective effort. By combining Green GSM’s expertise in electric ride-hailing with Xentro Motors’ strong local network, the two companies aim to make sustainable transport accessible to more Filipinos and to inspire a growing movement toward cleaner, smarter everyday journeys.

Hashtag: #GSM

https://www.greengsm.ph/

The issuer is solely responsible for the content of this announcement.

Introducing new security solution designed for the rapidly emerging era of agentic AI

HONG KONG SAR – Media OutReach Newswire – 25 March 2026 – TrendAI™, the enterprise AI security leader, today introduced TrendAI™ Agentic Governance Gateway, a new security solution engineered to give organizations visibility and control over autonomous agent interactions to strengthen security where systems interact across data, tools, and environments with increasing autonomy.

To learn more about TrendAI™ and TrendAI™ Agentic Governance Gateway, visit: trendaisecurity.com.

Rachel Jin, CPBO and Head of TrendAI™: “Tools like OpenClaw show just how powerful and accessible this new model has become. Organizations need to deploy these systems to unlock the next wave of productivity, and many already are, often without centralized oversight. TrendAI™ Agentic Governance Gateway enables this by providing visibility, control, and confidence.”

Traditional cybersecurity is built to protect endpoints, networks, and applications. In contrast, agentic AI systems operate across dynamic chains of interaction where agents, models, APIs, and data continuously exchange information and trigger actions.

Eva Chen, CEO of Trend Micro: “As AI systems become more autonomous, security must evolve from protection to governance. This is the next frontier of cybersecurity and the focus of TrendAI™.”

TrendAI™ Agentic Governance Gateway is a new way to address the emerging security gap created by agentic AI systems, such as OpenClaw, where autonomous agents act across enterprise environments without clear security control points. This was demonstrated last week at NVIDIA GTC, where a fundamentally new attack surface was highlighted – one that traditional security models were not designed to control: Autonomous agentic frameworks, such as OpenClaw, accelerating enterprise adoption of AI systems capable of planning, executing, and coordinating actions across workflows at machine-speed. There has never been a more critical business-level need than understanding and governing how agentic systems behave, and what actions they are taking. The orchestration required to monitor this attack surface created complex, multi-step workflows across enterprise systems until now.

According to Forrester, “AI agents are proliferating across workflows, but security programs built for human-centric architectures fail in agentic environments. These agents operate with dynamic reasoning, ephemeral identities, and goal-driven autonomy, creating unpredictable attack paths. Risks to agentic architectures include intent hijacking and cascading hallucinations that extend beyond confidentiality to integrity and availability. Without guardrails, enterprises risk regulatory violations, financial loss, and disclosure events from agentic security issues.” ¹

TrendAI™’s Agentic Governance Gateway allows enterprises to focus on the behavior, interactions, and outcomes of AI systems in real-world environments. TrendAI™ Agentic Governance Gateway is delivered through the TrendAI Vision One™ platform, building on TrendAI™’s existing strengths, including AI-driven analytics to detect anomalous behavior and emerging threats, and a unified approach that correlates context across endpoints, cloud, applications, and AI systems.

TrendAI™’s Agentic Governance Gateway enables enterprises to:

• Gain visibility into how agents interact across systems
• Understand the context and intent behind agent communications to identify risky or unintended actions
• Enforce policy and control over agent-driven actions
• Introduce human oversight at critical decision points
• Simulate governance decisions before deployment — previewing the full policy impact without executing it
• Stage, preview, and roll back governance changes through a managed lifecycle

With these new advanced capabilities, TrendAI™ is enabling organizations to secure the critical interaction layer – the dynamic communication fabric where autonomous systems coordinate, make decisions, and drive enterprise actions. By establishing robust oversight and control at this pivotal layer, TrendAI™ ensures that agentic interactions are visible, governed, and trusted, effectively closing the security gap in agent-driven AI environments.

TrendAI™ is the enterprise business unit of Trend Micro Incorporated (TYO: 4704; TSE: 4704).

1: The AEGIS Agent-On-A-Page Template For Agentic Security, Forrester Research, Inc., Feb 13, 2026.
Hashtag: #trendai #trendmicro #trendvisionone #trendaivisionone #visionone #cybersecurity

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The issuer is solely responsible for the content of this announcement.

About TrendAI™

TrendAI™, a global leader in AI security, empowers enterprises to innovate fearlessly by securing AI, cloud, networks, endpoints, and data across the modern attack surface. At the core is TrendAI Vision One™, a unified cybersecurity platform that centralizes cyber risk exposure management and security operations to protect the entire AI lifecycle from infrastructure to models to users. The platform is fueled by world-class threat intelligence and insights that protect organizations from hundreds of millions of threats every day. With 6,000 TrendAI™ experts across 75 countries, TrendAI™ empowers security leaders to stay ahead of threats, driving proactive security outcomes across the entire attack surface. This includes critical environments like AWS, Google, and Microsoft. AI Fearlessly.