10:07     HC INTL<08292> - Quarterly Results Announcement (1)                 

    HC International, Inc. announced on 12/05/2005:                           
    (stock code: 08292 )                                                      
                                                                              
    Year end date                         :31/12/2005                         
    Currency                              :RMB                                
    Auditors' report                      :N/A                                
    1st Quarterly Report Reviewed by      :Audit Committee                    
                                                                              
    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                                                      
                                                                              
                                               (unaudited)       (unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                             from 1/1/2005     from 1/1/2004  
                                              to 31/3/2005      to 31/3/2004  
                                                   RMB'000           RMB'000  
                                                                              
    Turnover                              :        110,873            82,501  
    Profit/(Loss) from Operations         :        (6,090)             7,896  
    Finance cost                          :          (406)             (434)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :              0                 0  
    Profit/(Loss) after Taxation & MI     :        (2,880)             6,042  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :   (RMB 0.0062)         RMB 0.015  
              Diluted (in dollar)         :   (RMB 0.0059)         RMB 0.013  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        (2,880)            6,042   
    1st Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 1st Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    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. Basis of preparation:                                                  
    The accounts have been prepared under the historical cost convention,     
    in accordance with accounting principles generally accepted               
    in Hong Kong and comply with accounting standards issued                  
    by the Hong Kong Institute of Certified Public Accountants ("HKICPA")     
    The accounting policies and methods of computation used in the            
    preparation of these accounts are consistent with those used in the       
    annual accounts for the year ended 31st December, 2004, except for those  
    mentioned below.                                                          
                                                                              
    In the Quarterly Period, the Group has adopted, for the first time,       
    a number of new and revised Hong Kong Financial Reporting Standards and   
    Hong Kong Accounting Standards, herein collectively referred to           
    as the new HKFRSs, which are generally effective for the                  
    accounting periods beginning on or after 1st January, 2005.               
                                                                              
    The major effects of the new HKFRSs, which have had impacts               
    on the unaudited quarterly results, are set out below: