Core Points - Champion Technology Group (00092) reported a revenue of HKD 57.31 million for the year ending June 30, 2025, representing a year-on-year decline of 72.5% [1] - The company recorded a loss attributable to shareholders of HKD 44.226 million, which is an increase of 256.1% compared to the previous year [1] - Basic loss per share was HKD 0.0503 [1] Revenue and Profitability - The decline in revenue is attributed to reduced contributions from smart city solutions and renewable energy businesses [1] - The gross profit margin improved from 5.5% in the previous year to 7.4% in the current year, primarily due to a decrease in lower profit margins from smart city solutions [1] Financial Assets - The company reported a fair value gain of approximately HKD 19.4 million on financial assets, contrasting with a fair value loss of HKD 19.5 million in 2024 [1]

Financial Performance - The total revenue for the year ended June 30, 2025, was HKD 57,311,000, a decrease of 72.6% compared to HKD 208,612,000 in 2024[3] - The gross profit for the year was HKD 4,238,000, down 62.8% from HKD 11,400,000 in the previous year[3] - The net loss for the year was HKD 50,309,000, compared to a net loss of HKD 12,222,000 in 2024, representing a 312.5% increase in losses[4] - The company reported a basic and diluted loss per share of HKD 5.03, compared to HKD 1.82 in the previous year[4] - The group reported a pre-tax loss from continuing operations of HKD 51,445,000 for the year ended June 30, 2025, compared to a pre-tax loss of HKD 12,776,000 in 2024[16][17] - The company reported a basic loss attributable to owners of HKD 44,226,000 for the year ended June 30, 2025, compared to a loss of HKD 12,420,000 for the year ended June 30, 2024[24] - The loss attributable to the company's owners for the year was approximately HKD 44.2 million, compared to HKD 12.4 million in 2024, with a notable increase in losses attributed to reduced contributions from smart city solutions and renewable energy businesses[43] Assets and Liabilities - The total assets less current liabilities amounted to HKD 120,564,000, an increase of 15.3% from HKD 104,569,000 in 2024[5] - Non-current assets increased to HKD 45,629,000 from HKD 42,383,000, reflecting a growth of 5.3%[5] - The total trade receivables increased to HKD 162,661,000 in 2025 from HKD 150,366,000 in 2024, with an impairment loss provision of HKD 47,135,000[26] - Accounts receivable (net of expected credit losses) as of June 30, 2025, totaled HKD 115,526,000, a decrease from HKD 142,837,000 in 2024, reflecting a reduction of approximately 19%[27] - The overdue accounts receivable increased significantly, with amounts over one year rising to HKD 117,980,000 in 2025 from HKD 5,406,000 in 2024, indicating a substantial increase of over 2,000%[28] - Accounts payable increased to HKD 170,785,000 in 2025 from HKD 151,245,000 in 2024, reflecting a growth of approximately 13%[30] Revenue Segments - Revenue from the technology segment, specifically smart city solutions, was HKD 48,749,000 in 2025, down from HKD 179,878,000 in 2024, indicating a decrease of about 72.9%[14] - The renewable energy segment generated revenue of HKD 8,562,000 in 2025, compared to HKD 28,734,000 in 2024, reflecting a decline of approximately 70.1%[14] - The group’s revenue for the year ended June 30, 2025, was HKD 57,311,000, a decrease from HKD 208,612,000 in 2024, representing a decline of approximately 72.6%[14] Strategic Initiatives - The company has initiated measures to strengthen cost control and aims to achieve profitable operations with positive cash flow[8] - The company launched a new business related to hydrogen-oxygen machines on September 27, 2025, expected to generate positive cash flow[8] - The company has reached agreements with major shareholders for financial support to improve liquidity[8] - The company is actively negotiating repayment schedules with various trade debtors and creditors to manage cash flow[8] - The company has strategically shifted its investment focus towards green energy, achieving significant breakthroughs in hydrogen and oxygen production technology, with expected industrial application in Q4 2025[33] - The launch of the world's first scalable hydrogen production machine, "Chuang Zhi Rong Hydrogen," is set for September 30, 2025, marking a major milestone in the company's green energy initiatives[33] Market and Industry Trends - The global hydrogen market is projected to reach a demand of 97 million tons in 2023, with an expected annual production capacity of 49 million tons by 2030 for low-emission hydrogen[78] - The green hydrogen sector is estimated to be valued at HKD 71 billion in 2024, with a compound annual growth rate of 56.75% expected to rise to HKD 1.05 trillion by 2030[78] - The overall hydrogen market revenue is forecasted to grow from HKD 1.75 trillion in 2025 to HKD 2.44 trillion by 2030[78] - The steam supply market in China is substantial, driven by industrial demand, urbanization, and environmental regulations, with estimates suggesting a market size of several hundred billion RMB annually[82] Financial Management - The group’s financial liquidity remains positive, with total liquid funds amounting to approximately HKD 11.9 billion as of June 30, 2025[88] - The group raised approximately HKD 23 million from a placement of shares, with funds allocated for renewable energy and data center operations[90] - The company maintained a prudent financial policy, ensuring a positive liquidity position through internal resources and bank borrowings[92] - The company has no authorized but uncontracted capital commitments as of June 30, 2025, compared to a commitment of approximately HKD 5.5 million in the previous year[93] Employee and Operational Costs - The total employee cost for the year ended June 30, 2025, was approximately HKD 21.3 million, an increase from HKD 12.7 million in the previous year[97] - General and administrative expenses rose by approximately 65.5% to about HKD 37.6 million, mainly due to increased R&D and administrative expenses from the newly launched green energy business[45] Dividends and Shareholder Returns - The company did not declare or recommend any dividends for the year ended June 30, 2025, nor for the year ended June 30, 2024[23] - The company did not recommend any final dividend for the year ended June 30, 2025, consistent with the previous year[100]

Group 1 - As of September 24, 99 stocks reached a 52-week high, with Ai Shiji Group (08507) leading at a high rate of 102.70% [1] - Phoenix Satellite Television (02008) and Huicong Group (02280) followed with high rates of 35.52% and 33.33% respectively [1] - The top five stocks with the highest 52-week high rates include Changjietong (01588) at 33.30% and Kexuan Power Holdings (00476) at 30.91% [1] Group 2 - The lowest performing stocks included Huangchao Home (01198) with a low rate of -19.90% and Hengda Group Holdings (03616) at -14.29% [3] - Other notable low performers were Champion Technology Group (00092) at -13.58% and Zhuyou Intelligent Manufacturing Technology (00726) at -10.00% [3] - The overall trend indicates a significant number of stocks reaching new highs, contrasting with a smaller group experiencing new lows [3]

Summary of Key Points Core Viewpoint - Champion Technology Group (00092.HK) anticipates a consolidated net loss attributable to shareholders of approximately HKD 42 million to HKD 46 million for the fiscal year ending June 30, 2025, compared to a loss of about HKD 12 million for the fiscal year ending June 30, 2024 [1] Group Analysis - The expected losses are primarily due to several factors: - Geopolitical issues have led to a shortage of key components for data centers, significantly hindering the development of the smart city industry. This has resulted in a notable decrease in revenue and operational performance for the company's smart city solutions business, along with a significant increase in expected credit losses from accounts receivable due to delayed customer payments [1] - The Hong Kong government has indicated that the subsidy program for online electricity prices is unlikely to be extended beyond its expiration in 2033. Consequently, investors in general renewable energy projects are becoming hesitant, leading to a significant reduction in revenue and operational performance for the company's renewable energy business [1] - During the fiscal year ending June 30, 2024, the company recorded a one-time gain of HKD 32.1 million from the disposal of a hotel in Dongguan, which is considered non-recurring in nature [1]

Core Viewpoint - Champion Technology Group (00092) expects a consolidated net loss attributable to shareholders of approximately HKD 42 million to 46 million for the year ending June 30, 2025, compared to a loss of about HKD 12 million for the year ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss for the upcoming fiscal year is significantly higher than the previous year's loss, indicating a deteriorating financial outlook for the company [1] - The company recorded a one-time gain of HKD 32.1 million from the disposal of a hotel in Dongguan for the year ending June 30, 2024, which is classified as non-recurring [1] Business Operations - The anticipated losses are attributed to several factors, including a shortage of key components for data centers due to geopolitical issues, which has severely hindered the development of the smart city industry [1] - There has been a significant reduction in revenue and operational performance from the smart city solutions business [1] - The renewable energy business also experienced a notable decline in revenue and operational performance, partly due to the Hong Kong government's indication that the subsidy program for online electricity prices may not be extended beyond 2033, leading to hesitance among investors in renewable energy projects [1]

Group 1 - The company expects a consolidated net loss attributable to shareholders of approximately HKD 42 million to HKD 46 million for the year ending June 30, 2025, compared to a loss of approximately HKD 12 million for the year ending June 30, 2024 [1] - The anticipated loss is primarily due to geopolitical factors causing shortages in key components for data centers, severely hindering the development of the smart city industry [1] - The company's smart city solutions business has experienced a significant decrease in revenue and operational performance, alongside a notable increase in expected credit losses from accounts receivable due to delayed customer payments [1] Group 2 - The Hong Kong government has indicated that the subsidy program for online electricity prices is unlikely to continue after its expiration in 2033, leading to hesitance among investors in renewable energy projects [1] - The company's renewable energy business has also seen a significant reduction in revenue and operational performance [1] - A one-time gain of HKD 32.1 million from the disposal of a hotel in Dongguan during the year ending June 30, 2024, is classified as non-recurring [1]

CHAMPION TECHNOLOGY HOLDINGS LIMITED 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。 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） 盈利警告 本公告由冠軍科技控股有限公司（「公司」，連同其附屬公司統稱「集團」）根據香港聯合交易 所有限公司《證券上市規則》（「上市規則」）第13.09條以及《證券及期貨條例》（ 香港法例第571 章）第XIV A部下的內幕消息條文（ 定義見上市規則）作出。 就 盈 利 警 告 而 言 ，本 公 告 所 載 資 料 僅 基 於 公 司 參 考截 至 2025 年6 月 30 日止 全 年 的 最 新 未 經 審核的綜合管理帳目及公司目前掌握的資訊所作出的初步評估，並非基於公司獨立核數師 或公司審核委員會審核或覆核的任何數字或資料，並可能須作出修改及調整。建議股東及 潛在投資者參考公司截至2025年6月30日止的全年業績公告內的詳述，該公告預計將 ...

Summary of Key Points Core Viewpoint - *ST Lanhua (000929.SZ) has completed its share repurchase program, acquiring a total of 3,764,300 shares, which represents 2.03% of the company's total share capital, with a total expenditure of 30 million yuan excluding transaction fees [1] Group 1: Share Repurchase Details - The share repurchase was conducted through a dedicated securities account via centralized bidding [1] - The highest transaction price was 8.30 yuan per share, while the lowest was 7.10 yuan per share [1] - The total amount of funds used for the repurchase has reached the upper limit of the repurchase plan [1] Group 2: Timeline of the Repurchase - The actual repurchase period spanned from May 13, 2025, to September 22, 2025 [1]

Core Viewpoint - Champion Technology Group (00092.HK) announced that it will hold a board meeting on September 29, 2025, to review and approve the annual performance of the company and its subsidiaries for the year ending June 30, 2025, and to consider the distribution of a final dividend, if any [1] Group 1 - The board meeting is scheduled for September 29, 2025 [1] - The meeting will address multiple matters, including the review and approval of the annual performance [1] - The performance review will cover the fiscal year ending June 30, 2025 [1]

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告之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本公告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。 （ 延續於百慕達之有限公司） 公司秘書 吳國樑 CHAMPION TECHNOLOGY HOLDINGS LIMITED 冠 軍 科 技 集 團 有 限 公 司 （股份代號：92） 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 二 零二 五 年 九月 二 十九 日（ 星 期 一 ）舉 行董 事 會（「 董事 會」）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 二 零 二 五 年 六 月 三 十 日 止 年 度 之 全 年 業 績 及 其 發 佈 ， 以 及 考 慮 派 發 末 期 股 息（ 如 有）。 承董事會命 冠軍科技集團有限公司 香港，二零二五年九月十五日 於本公告日期，本公司之執行董事為黃敏女士；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 ...