CHAMPION TECHNOLOGY HOLDINGS LIMITED 冠軍科技集團有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立的有限公司） （Stock Code 股份代號：92） NOTIFICATION LETTER 通知信函 By Order of the Board Champion Technology Holdings Limited Wong Man Winny Chairperson Note: 各位非登記股東（附註1） ： Dear Non-registered Shareholder(Note 1), 27 March 2026 The following document(s) of Champion Technology Holdings Limited (the "Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.tric ...

CHAMPION TECHNOLOGY HOLDINGS LIMITED 冠軍科技集團有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立的有限公司） （Stock Code 股份代號：92） NOTIFICATION LETTER 通知信函 Dear Shareholder(s), 27 March 2026 The following document(s) of Champion Technology Holdings Limited (the "Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.tricor.com.hk/webservice/00092 and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively the "Websites"): • 2025 ...

Financial Performance - Revenue for the six months ended December 31, 2025, increased to HK$33,524,000, representing a 55% growth compared to HK$21,662,000 in the previous period[8]. - Gross profit rose to HK$2,068,000, up 44% from HK$1,433,000 in the previous period[8]. - Loss for the period was HK$31,145,000, compared to a loss of HK$24,999,000 in the previous period, indicating a 25% increase in losses[8]. - Total comprehensive expense for the period was HK$31,441,000, compared to HK$30,061,000 in the previous period, reflecting a slight increase of 4.6%[9]. - For the six months ended December 31, 2025, the company reported a loss before tax of HK$31,121,000, compared to a loss of HK$24,998,000 for the same period in 2024, indicating a deterioration in financial performance[21]. - The total comprehensive expense for the period was HK$31,441,000, which includes a loss of HK$27,836,000 and an exchange difference of HK$281,000[21]. - The loss per share for the period was HK$(2.83) cents, compared to HK$(2.67) cents in the previous period[10]. - For the six months ended December 31, 2025, the loss attributable to owners of the Company was HK$27,836,000, compared to HK$21,607,000 for the same period in 2024, representing a 28.6% increase in loss[58]. - The basic loss per share for the period was HK$2.83, compared to HK$2.67 for the previous year, indicating a 6% increase in loss per share[58]. Assets and Liabilities - Non-current assets decreased to HK$44,520,000 from HK$45,629,000, a decline of 2.4%[12]. - Current liabilities increased to HK$209,019,000 from HK$181,616,000, marking a 15% rise[12]. - Net assets decreased to HK$77,839,000 from HK$109,280,000, a reduction of 29%[14]. - Cash and cash equivalents dropped to HK$5,188,000 from HK$11,920,000, a decrease of 56%[12]. - As of December 31, 2025, cash and cash equivalents decreased to HK$5,188,000 from HK$7,202,000 at the end of 2024, reflecting a decline in liquidity[24]. - The carrying value of property, plant, and equipment as of December 31, 2025, was HK$10,700,000, down from HK$11,813,000 as of July 1, 2025, indicating a decrease of 9.4%[65]. - The total inventories as of December 31, 2025, amounted to HK$6,524,000, a decrease from HK$6,894,000 as of June 30, 2025, representing a 5.4% decline[71]. - As of December 31, 2025, trade receivables amounted to HK$193,184,000, an increase from HK$162,661,000 as of June 30, 2025[73]. - The provision for impairment losses on trade receivables increased to HK$72,533,000 from HK$47,135,000, indicating a rise in expected credit losses[73]. - Loan receivables, net of expected credit losses, decreased to HK$44,646,000 from HK$48,978,000, with 15 borrowers involved[78]. Revenue Breakdown - Revenue from Smart City Solutions decreased to HK$11,931,000 in 2025 from HK$15,833,000 in 2024, a decline of about 24.1%[41]. - Revenue from the design and sales of renewable energy products and solutions increased significantly to HK$21,593,000 in 2025 from HK$5,829,000 in 2024, marking an increase of approximately 270.5%[41]. - The Group's total revenue recognized at a point in time was HK$33,299,000, with an additional HK$225,000 recognized over time[44]. - The Group reported total revenue of approximately HK$33.5 million for the six months ended December 31, 2025, representing an increase of approximately 54.4% compared to HK$21.7 million in the previous period, mainly due to the successful completion of substantial solar photovoltaic system projects[117][122]. Expenses and Costs - General and administrative expenses decreased to HK$15,802,000 from HK$17,555,000, a reduction of 10%[8]. - Cash used in operating activities amounted to HK$21,645,000, an increase from HK$15,857,000 in the previous year, reflecting higher operational costs[21]. - The total depreciation expense for property, plant, and equipment was HK$1,177,000, up from HK$840,000 in the prior year, reflecting a 40% increase[51]. - Finance costs increased to approximately HK$288,000 from approximately HK$89,000 in the previous period, mainly due to interest incurred from bank borrowings and promissory notes[127][130]. Investments and Financial Assets - The Group's investment activities in Hong Kong listed securities resulted in a fair value gain of approximately HK$1.9 million during the period, attributed to improved market sentiment[164]. - As of December 31, 2025, the fair value of listed equity investments in Hong Kong was approximately HK$39.2 million, an increase from HK$36.5 million as of June 30, 2025[165]. - The Group recorded a financial asset gain of approximately HK$1.9 million during the review period, attributed to a recovery in the Hong Kong stock market in the second half of 2025[166]. - The Group's investment portfolio included 8 equity securities listed on the Stock Exchange of Hong Kong, with 6 on the Main Board and 2 on the GEM[165]. - The accumulated unrealized loss for the investment in Zijing International Financial Holdings Limited was HK$12,509,411 as of December 31, 2025[171]. Business Operations and Strategy - The Group's business model focuses on delivering comprehensive technology solutions, integrating hardware and software into tailored packages, with a strategic focus on Green Energy Initiative, Smart City Solutions, and Renewable Energy sectors[128][131]. - The Renewable Energy Business has faced challenges due to delays in approvals and a reduction in Feed-in Tariff (FiT) rates, impacting customer orders[144][145]. - The Group has completed five major self-funded SPV projects in Hong Kong, with a total contract value of approximately HK$21 million[148]. - The SPV Business is now a core component of the Renewable Energy Business, with ongoing negotiations in Southeast Asia[147]. - The Group is focusing on building long-term relationships with financially stable customers, primarily government-owned entities, to minimize default risk[136][139]. - The data center business in China has experienced stagnation due to semiconductor shortages and geopolitical sanctions, leading to a strategic reduction in operations[140][141]. - The Group has proactively engaged customers to promote SPV system installations for self-use post-FiT scheme expiration, enhancing technical and economic viability[145]. - The Group's suppliers have provided extended credit periods, recognizing the low credit risk associated with government-owned customers[137]. - The Group's smart city solution business includes sales of smart construction solutions, IoT solutions, and IDC business, reflecting a comprehensive approach to technology integration[134]. Share Capital and Management - The authorized share capital remained at HK$1,600,000,000 as of December 31, 2025, with issued and fully paid share capital at HK$3,397,446,000[103]. - Key management personnel remuneration for the six months ended December 31, 2025, was HK$3,326,000, slightly down from HK$3,366,000 in the same period of 2024[105].

截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00092 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 160,000,000,000 | HKD | | 0.01 | HKD | | 1,600,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 160,000,000,000 | HKD | | 0.01 | HKD | | 1,600,000,000 | 公司名稱: 冠軍科技集團有限公司 (延續於百慕達之有限 ...

Core Viewpoint - Champion Technology Group (00092) reported a significant increase in revenue but also faced substantial losses due to geopolitical issues affecting supply chains [1] Financial Performance - Revenue for the six months ending December 31, 2025, was HKD 33.524 million, representing a year-on-year increase of 54.76% [1] - The loss attributable to shareholders was HKD 27.836 million, which is a year-on-year increase of 28.83% [1] - Earnings per share reflected a loss of HKD 0.0283 [1] Business Operations - The revenue growth was primarily driven by the successful completion of several large solar power system projects during the period [1] - The significant losses were mainly attributed to a shortage of critical systems and chips for data centers due to geopolitical factors, which hindered the development of the smart city sector [1] - The revenue and operational performance of the smart city solutions business experienced a notable decline [1]

Core Viewpoint - Champion Technology Group (00092) reported a significant increase in revenue but also faced substantial losses due to geopolitical factors affecting supply chains [1] Financial Performance - Revenue for the six months ending December 31, 2025, was HKD 33.524 million, representing a year-on-year increase of 54.76% [1] - The loss attributable to shareholders was HKD 27.836 million, an increase of 28.83% year-on-year [1] - Earnings per share reflected a loss of HKD 0.0283 [1] Business Operations - The revenue growth was primarily driven by the successful completion of several large solar power system projects during the period [1] - The significant losses were mainly attributed to a shortage of critical systems and chips for data centers, caused by geopolitical issues, which hindered the development of the smart city sector [1] - The revenue and operational performance of the smart city solutions business experienced a notable decline [1]

Group 1 - The company reported total revenue of approximately HKD 33.5 million for the six months ending December 31, 2025, representing a year-on-year increase of about 54.4% [1] - The increase in revenue is primarily attributed to the successful completion of several large solar power generation system projects during the period [1] - The company recorded a loss attributable to shareholders of approximately HKD 27.8 million, compared to a loss of about HKD 21.6 million in the same period last year [1] Group 2 - The board of directors decided not to declare an interim dividend for the six months ending December 31, 2025, consistent with the previous year [1] - The significant loss in comprehensive income attributable to shareholders is mainly due to geopolitical factors causing shortages in critical systems and chips related to data centers, which has hindered the development of the smart city industry [1] - The company's smart city solutions business experienced a notable decrease in revenue and operational performance [1]

Financial Performance - Revenue for the six months ended December 31, 2025, was HK$33,524,000, representing a 55% increase from HK$21,662,000 in the previous period[9]. - Gross profit increased to HK$2,068,000, up 44% from HK$1,433,000 in the previous period[9]. - Loss for the period was HK$31,145,000, compared to a loss of HK$24,999,000 in the previous period, indicating a 25% increase in losses[9]. - Total comprehensive expense for the period was HK$31,441,000, compared to HK$30,061,000 in the previous period[12]. - The company reported a loss before tax of HK$31,121,000 for the six months ended December 31, 2025, compared to a loss of HK$24,998,000 for the same period in 2024, indicating a worsening of approximately 25%[23]. - The loss attributable to owners of the Company for the period was HK$27,836,000, which is a 29% increase from HK$21,607,000 in the prior year[58]. - The basic loss per share for the six months ended December 31, 2025, was HK$2.83, compared to HK$2.67 for the same period in 2024, indicating a deterioration in performance[58]. Assets and Liabilities - Non-current assets decreased to HK$44,520,000 from HK$45,629,000 as of June 30, 2025[14]. - Current assets decreased to HK$250,248,000 from HK$256,551,000 as of June 30, 2025[14]. - Current liabilities increased to HK$209,019,000 from HK$181,616,000 as of June 30, 2025[14]. - Net current assets decreased to HK$41,229,000 from HK$74,935,000 as of June 30, 2025[14]. - As of December 31, 2025, the company's net assets decreased to HK$77,839,000 from HK$109,280,000 as of June 30, 2025, representing a decline of approximately 29%[17]. - The total equity attributable to owners of the company decreased to HK$87,306,000 from HK$115,423,000, reflecting a reduction of about 24%[19]. Cash Flow and Financing - Cash used in operating activities amounted to HK$22,191,000 for the six months ended December 31, 2025, compared to HK$15,019,000 in the previous year, representing an increase of about 48%[23]. - Net cash generated from investing activities was HK$5,919,000 for the six months ended December 31, 2025, contrasting with a net cash outflow of HK$14,646,000 in the same period of 2024[26]. - The company received a loan from a third party amounting to HK$10,000,000 during the period, compared to HK$5,000,000 in the previous year, indicating a 100% increase in financing[26]. - The company incurred finance costs of HK$288,000 for the period, up from HK$89,000 in the previous year, indicating an increase of about 224%[23]. Revenue Segmentation - Revenue from Smart City Solutions decreased to HK$11,931,000 from HK$15,833,000, a decline of about 24.1% year-over-year[41]. - Revenue from the design and sales of renewable energy products surged to HK$21,593,000 from HK$5,829,000, reflecting an increase of approximately 270.5%[41]. - Segment results for Smart City Solutions showed a loss of HK$26,485,000, while renewable energy segment reported a profit of HK$598,000[44]. Impairment and Provisions - The company recorded impairment losses on loan receivables, trade, and other receivables amounting to HK$26,974,000 for the period, significantly higher than HK$7,653,000 in the previous year[23]. - The provision for impairment losses on trade receivables increased to HK$72,533,000 from HK$47,135,000, indicating a rise of 54%[73]. Investments and Fair Value - The company holds unlisted equity investments valued at HK$1,173,000 and listed equity investments in Hong Kong valued at HK$39,181,000 as of December 31, 2025, totaling HK$40,354,000[82]. - The overall fair value gain on financial assets at fair value through profit or loss was approximately HK$1.9 million during the period, attributed to improved market sentiment in China and Hong Kong[164]. - The Group's investment in China Star Entertainment Limited had a fair value of approximately HK$19.97 million, representing 50.96% of the total investment portfolio[168]. Strategic Focus and Business Model - The Group's business model focuses on delivering comprehensive technology solutions, integrating hardware and software into tailored packages, with a strategic emphasis on green energy initiatives and smart city solutions[128][131]. - The Group's strategic focus includes continuous innovation and the regular introduction of new products to adapt to the fast-evolving technological environment[128][131]. - The Renewable Energy Business has faced challenges due to delays in approvals and a reduction in Feed-in Tariff (FiT) rates, impacting customer orders[144][145]. Market and Customer Engagement - The Group's customer base primarily consists of state-owned enterprises and reputable publicly listed companies, reflecting strong market credibility[139]. - Suppliers have provided extended credit periods, recognizing the low credit risk associated with government-owned customers[137]. - The Group has engaged with customers to promote SPV system installations for self-use post-FiT scheme expiration, enhancing technical and economic viability[145]. Operational Challenges and Developments - The Group has strategically reduced operations in the data center sector due to prolonged capital turnover periods and geopolitical sanctions affecting semiconductor supply[141][140]. - The Group successfully initiated SPV system sales, design, and installation in Southeast Asia, with project contracts totaling approximately HK$21 million during the review period[150]. - A significant steam supply contract was signed on September 28, 2025, with a leading textile enterprise, involving an initial daily steam supply of 600 tonnes priced between RMB 180 to 300 per tonne, with future demand potentially reaching 100,000 tonnes[158].

Core Viewpoint - Champion Technology Group (00092.HK) will hold a board meeting on February 26, 2026, to review and approve the interim results for the six months ending December 31, 2025, and to consider the distribution of an interim dividend, if any [1] Group 1 - The board meeting is scheduled for February 26, 2026 [1] - The meeting will address multiple matters, including the review and approval of the company's interim results [1] - The interim results pertain to the six months ending December 31, 2025 [1] Group 2 - The board will also consider the potential distribution of an interim dividend [1]

冠 軍 科 技 集 團 有 限 公 司 （ 延續於百慕達之有限公司） （股份代號：92） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公佈全部或任何部分內容而產生或因倚賴該等內容而引致之任何損 失承擔任何責任。 CHAMPION TECHNOLOGY HOLDINGS LIMITED 董事會會議日期 冠軍科技集團有限公司（「本公司」）謹此宣佈，本公司將於2026年2 月26 日（ 星期四 ）舉行董 事局會議，藉以處理多項事務，包括研讀及審批本公司及其附屬公司截至2025年12月31日 止6個月之中期業績及其發佈，以及考慮派發中期股息（ 如有）。 承董事會命 冠軍科技集團有限公司 公司秘書 吳國樑 香港，2026年2月11日 於本公佈日期，本公司之執行董事為黃敏女士（ 主席 ）；本公司之非執行董事為廖嘉濂先生；及本公司之獨立 非執行董事為梁文輝先生、陳易希先生及黃育文先生。 ...