09:02     HC INTL<08292> - Yearly Results Announcement (1)                    

                                                                              
    HC International, Inc. announced on 21/03/2005:                           
    (stock code: 08292 )                                                      
                                                                              
    Year end date                         :31/12/2004                         
    Currency                              :RMB                                
    Auditors' report                      :Unqualified                        
                                                                              
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                                 (audited)       (audited)    
                                                  Current Last Corresponding  
                                                   Period            Period   
                                             from 1/1/2004     from 1/1/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                   RMB'000           RMB'000  
                                                                              
    Turnover                              :        462,563           322,511  
    Profit/(Loss) from Operations         :         58,564            46,553  
    Finance cost                          :        (1,371)           (2,400)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :          (265)               447  
    Profit/(Loss) after Taxation & MI     :         47,292            33,078  
    % Change Over the Last Period         :         +42.97%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :      RMB 0.112         RMB 0.109  
              Diluted (in dollar)         :      RMB 0.103         RMB 0.108  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :         47,292            33,078  
    Final Dividends per Share             :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for Annual General Meeting  :     20/04/2005 to 22/04/2005 bdi. 
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                                                              
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    HC International, Inc.                                                    
                                                                              
    Signature :                                                               
    Name      : Lai Sau Kam, Connie                                           
    Title     : Executive Director                                            
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1. Group Reorganisation and Basis of Presentation of                      
    Financial Statements                                                      
                                                                              
    The Company was incorporated in the Cayman Islands as an exempted         
    company with limited liability under the Companies Law on 3rd March,      
    2000 in the name of "Sinobnet.com Inc." The Company changed its name to   
    "Sinobnet Inc." on 8th September, 2000 and further changed it to its      
    present name "HC International, Inc." on 3rd August, 2001.                
                                                                              
    Pursuant to a group reorganisation (the "Reorganisation") to rationalise  
    the structure of the Group in preparation for the public listing          
    of the Company's shares on the Growth Enterprise Market (the "GEM")       
    the Company acquired the entire share capital of Hong Kong Huicong        
    International Group Limited and became the holding company of its         
    subsidiaries.                                                             
                                                                              
    Further details of the Reorganisation are set out in the Company's        
    prospectus dated 8th December, 2003(the "Prospectus") issued in respect   
    of the listing of Company's shares on the GEM of Stock Exchange.          
                                                                              
    The consolidated profit and loss account and the comparatives             
    include the results of the Company and its subsidaries for the year       
    ended 31st December, 2004 and 31st December, 2003 respectively.