Yip’s Chemical Achieved Record Results with Turnover Reaching HK$2 Billion

Yip’s Chemical Holdings Limited (”Yip’s Chemical” or “the Group”, HKEx stock code: 0408) announced its interim results for the six months ended September 30, 2006. During the period under review, the Group recorded a turnover and profits attributable to equity holders at HK$2,061,761,000 and HK$128,397,000 respectively, surged by 17% and 37%. Net profit margin attributable to equity holders to 6.2%. The Board of Directors resolved to pay an interim dividend of HK 6 cents; in addition, to celebrate the Group’s 35th anniversary of founding and the 15th anniversary of listing on The Stock Exchange of Hong Kong Limited (”HKEx”), the board also declared a special dividend of HK 2 cents, adding up to HK 8 cents per share in 1H 2006.

葉氏化工收購紫荊花制漆餘下6.5%股份以提升集團收益 (Chinese version only)

葉氏化工集團有限公司(「葉氏化工」或「集團」;股票代號:408)欣然宣佈,於2006 年4 月10 日透過與其間接全資附屬公司香港紫荊花製漆(大中華)有限公司之董事王健先生訂立協議,以人民幣15,000,000 元(約為14,496,000 港元)向Bauhinia Paints Limited (”BPL”) 購買餘下6.5%之股權。

Yip’s Chemical Joined the Tree Planting Challenge 2006 To Help Conserve the Environment

Yip’s Chemical Holdings Limited (“Yip’s Chemical”; Stock code: 408) participated in the Tree Planting Challenge 2006, organized by the Friends of the Earth, to help cultivate and conserve the nature by planting fire-resistant seedlings at Shing Mun Country Park on 30 April 2006 (Sunday). Being one of the sponsors of the programme, Yip’s Chemical formed 2 corporate charity teams, competing with Town Gas, Standard Chartered and Hospital Authority for the “Corporate Charity Cup”.

Yip’s Chemical’s Subsidiary, Pacoil Granted “China’s Quality Brand Top 10″

Yip’s Chemical Holdings Limited (HKEX stock code: 0408) is pleased to announce that its subsidiary, Pacific Oil & Chemical Company Limited (”Pacoil”), was granted the “Most Trusted Consumer Brand 2006″ for lubricant products in China by the China Quality Organizing Committee. The accreditation not only proves the excellent product quality of Pacoil, it also recognizes Yip’s Chemical’s strength in R&D and customer satisfaction.

Yip’s Chemical Announced Dividends of 14 Cents Annual Profit Rose by 37%

Yip’s Chemical Holdings Limited (”Yip’s Chemical” or “the Group”, stock code: 0408) announced its annual results for the year ended March 31, 2006. During the year under review, the Group recorded a turnover and profit attributable to shareholders at HK$3,329,670,000 and HK$168,389,000 respectively, representing an increase of 24% and 37%. Return on shareholders’ funds increased to 20%. The Board of Directors recommended a final dividend of HK9 cents. Together with the interim dividend of HK5 cents per share, the total dividend was HK14 cents per share this financial year.

The Group’s 35th Anniversary of Founding & 15th Anniversary of Listing Celebration Cocktail

YIP’S CHEMICAL HOLDINGS LIMITED (”Yip’s Chemical” or “the Group”; HKEx stock code: 0408) is delighted to announce that in celebrating the Group’s 35th Anniversary of Founding and 15th Anniversary of Listing, a celebration cocktail was held at Grand Hyatt Hong Kong on 25 October 2006. Speaking at the Celebration Cocktail, Mr. Tony Ip, the Chairman and Managing Director of Yip’s Chemical, said, “Today marks an important milestone in the development history of our Group. In 2001, our Group completed the challenging task of restructuring its businesses. Over the past 5 years, the Group’s turnover and net profits have been growing consistently. For the year 2005-2006, turnover reached HK$3.3 billion, more than three-fold than that of five years ago; net profits rose to nearly HK$170 million, a four-fold increase. Moreover, the total return to our shareholders over the last five years reached over six-fold, after taking into consideration the total dividend paid out and the share price appreciation, the results were really encouraging. Therefore, on behalf of Yip’s Chemical, I would like to take this opportunity to thank most sincerely all of our friends and our staff for their contribution to our success.”