公司整体业务稳健增长，核心板块协同效应释放，产业布局优势显现，提高了变现效率。 （原标题：中国儒意预期中期除税后综合净利润约10亿元至12亿元） 中国儒意公告，预计截至2025年6月30日止的六个月，公司将实现未经审计的除税后综合净利润约人民 币10亿元至12亿元，与去年同期约人民币1.23亿元的净亏损相比，实现了扭亏为盈。同时，预计同期未 经审计收入将达到约人民币21亿元至23亿元，较去年同期的人民币18.40亿元增长约14%至25%。 ...

Core Viewpoint - China Ruyi (00136.HK) is expected to achieve a turnaround with an estimated net profit of approximately RMB 1 billion to RMB 1.2 billion for the six months ending June 30, 2025, compared to a net loss of approximately RMB 123 million in the same period last year [1] Financial Performance - The company anticipates its unaudited revenue for the reporting period to reach approximately RMB 2.1 billion to RMB 2.3 billion, representing an increase of about 14% to 25% compared to approximately RMB 1.84 billion in the same period of 2024 [1]

Core Viewpoint - The company expects to achieve an unaudited net profit of approximately RMB 1 billion to RMB 1.2 billion for the six months ending June 30, 2025, marking a turnaround from a net loss of approximately RMB 123 million in the same period last year [1][2] Financial Performance - The anticipated unaudited revenue for the reporting period is expected to reach approximately RMB 2.1 billion to RMB 2.3 billion, representing an increase of about 14% to 25% compared to approximately RMB 1.84 billion in the same period of 2024 [1][2] Growth Drivers - The increase in unaudited revenue and net profit is primarily attributed to the robust growth of the company's overall business and the continuous release of synergies, with core segments driving collaboration and showcasing the advantages of the company's industrial layout [2] - The strategic acquisition of Virtual Cinema Entertainment Limited in 2021 has led to a fair value change of contingent consideration, which no longer impacts the company's profits due to the exercise of warrants as part of the acquisition [2]

Core Viewpoint - The company is expected to achieve a significant turnaround in financial performance, projecting an unaudited net profit of approximately RMB 1 billion to RMB 1.2 billion for the six months ending June 30, 2025, compared to a net loss of approximately RMB 123 million in the same period last year [1] Financial Performance - The company anticipates unaudited revenue of approximately RMB 2.1 billion to RMB 2.3 billion for the reporting period, representing an increase of about 14% to 25% compared to the previous year's revenue of approximately RMB 1.84 billion [1] Growth Drivers - The increase in both revenue and net profit is attributed to the robust growth of the company's overall business and the continuous release of synergies, with core segments driving collaboration and showcasing the advantages of the company's industrial layout [1] - The strategic foresight and sustained growth potential of the company's strategic layout are highlighted as key factors contributing to the improved financial performance [1] - The impact of fair value changes related to the contingent consideration from the acquisition of Virtual Cinema Entertainment Limited has diminished, as the warrants associated with the acquisition have been exercised, no longer affecting the company's profits [1]

Core Insights - The company reported an expected unaudited net profit of approximately RMB 1 billion to RMB 1.2 billion for the six months ending June 30, 2025, marking a turnaround from a net loss of approximately RMB 123 million in the same period last year [1] - The anticipated unaudited revenue for the reporting period is expected to reach approximately RMB 2.1 billion to RMB 2.3 billion, representing an increase of about 14% to 25% compared to approximately RMB 1.84 billion in the same period of 2024 [1] Financial Performance - The increase in unaudited revenue and net profit is primarily attributed to the robust growth of the company's overall business and the continuous release of synergies [1] - The strategic layout of the company has effectively enhanced monetization efficiency, contributing to revenue and profit growth, showcasing the foresight and sustainable growth potential of the company's strategic planning [1] - The impact of the fair value changes related to the contingent consideration from the acquisition of Virtual Cinema Entertainment Limited has diminished, as the warrants associated with the acquisition have been exercised, no longer affecting the company's profits [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依賴該等內容而引致之任何損失 承擔任何責任。 China Ruyi Holdings Limited （股份代號：136） 正面盈利預告 本公布乃由中國儒意控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港法 例第571章證券及期貨條例第XIVA部項下之內幕消息條文（ 定義見香港聯合交易所有限公司 證券上市規則（「上市規則」））及上市規則第13.09條作出本公告。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者，根據管理層目前所 得的資料，董事會預計本集團可能於截至二零二五年六月三十日止六個月（「報告期」）根據 香港財務報告準則錄得未經審計除稅後綜合淨利潤約人民幣10億元至人民幣12億元，相較 去年同期錄得除稅後淨虧損約人民幣1.23 億元，實現扭虧為盈。本集團預期報告期的未經 審計收入達到約人民幣21億元至人民幣23億元，較二零二四年同期約人民幣18.40億元上升 約14%至25%。 (1) 主 要 得 益 於 ...

Core Viewpoint - China Ruyi's acquisition of a 30% stake in Kuaiqian Financial for 240 million yuan reflects a strategic move into the financial payment sector, amidst Wanda's financial struggles and the declining valuation of payment licenses [4][5][10]. Group 1: Transaction Details - China Ruyi's indirect wholly-owned subsidiary signed a share transfer agreement with Kuaiqian Financial, with a cash consideration of 240 million yuan, to be paid in three installments [4]. - The estimated valuation of Kuaiqian Financial is approximately 800 million yuan, and post-transaction, China Ruyi will become the largest single shareholder [4][5]. - Kuaiqian Financial is a core asset of Wanda's financial sector and was one of the first to obtain a third-party payment license from the People's Bank of China [4][6]. Group 2: Historical Context - Wanda acquired a 68.7% stake in Kuaiqian for approximately 315 million USD in 2014, but the value of the payment license has since decreased by nearly 70% [5][6]. - Kuaiqian Financial has faced management instability and regulatory challenges, including multiple fines for violations [11][12]. - The payment license is valid until May 2026, and Kuaiqian Financial's current employee count is zero, categorizing it as a micro-enterprise [6][11]. Group 3: Strategic Implications - The acquisition is seen as a pathway for China Ruyi to enter the third-party payment and fintech sectors, potentially creating synergies with its existing online streaming and gaming services [10]. - Analysts suggest that the collaboration could enhance Kuaiqian's service offerings, particularly in B2B payment scenarios, leveraging resources from China Ruyi's other business lines [11]. - However, the future profitability of Kuaiqian remains uncertain due to a shrinking market for card payment processing and the need for significant investment in compliance and risk management [11][12].

Core Viewpoint - China Ruyi announced the acquisition of a 30% stake in Kuaiqian Financial for 240 million yuan, aiming to diversify its fintech business and leverage Kuaiqian's resources and technology for long-term growth opportunities [1][7]. Group 1: Acquisition Details - The acquisition involves a cash payment of 240 million yuan, to be paid in three installments [1]. - After the transaction, China Ruyi will become the largest single shareholder of Kuaiqian Financial, but Kuaiqian will not become a subsidiary of China Ruyi [1]. - The valuation of Kuaiqian Financial at 800 million yuan represents a 76% decrease from the initial valuation of approximately 3.3 billion yuan when Wanda Group acquired it [7]. Group 2: Financial Performance of China Ruyi - In 2024, China Ruyi reported a revenue of 3.671 billion yuan, a slight increase of 1.2% year-on-year [2]. - The company recorded a net loss of 207 million yuan, a shift from profit, primarily due to a fair value loss of 1.121 billion yuan related to contingent liabilities [2]. - Adjusted net profit was reported at 1.151 billion yuan, marking a significant increase of 120% year-on-year [2]. Group 3: Kuaiqian Financial's Background and Compliance Issues - Kuaiqian Financial was one of the first companies to receive a third-party payment license from the People's Bank of China in 2011, focusing on comprehensive payment solutions for medium and large enterprises [3]. - The company has faced multiple compliance issues, including receiving four fines from the central bank totaling over 17 million yuan since 2022 for violations of business management regulations [1][10]. - Kuaiqian has been implicated in providing payment channels for high-interest loan platforms, raising concerns about its compliance and operational integrity [14][16]. Group 4: Wanda Group's Financial Strategy and Challenges - Wanda Group initially viewed its financial sector as a key growth area, with aspirations for its market value to exceed that of its cultural and commercial sectors [5]. - However, the group has struggled with its financial transformation, leading to significant layoffs and a shift in its financial assets, including the planned sale of Kuaiqian [5][6]. - The financial sector's challenges have prompted Wanda to seek buyers for Kuaiqian multiple times, with previous offers failing to materialize [6][8].

Core Viewpoint - The third-party payment platform Kuaiqian has been acquired by China Ruyi for 240 million yuan, marking its entry into the fintech sector after a series of strategic acquisitions in the entertainment industry [2][3][11]. Group 1: Acquisition Details - China Ruyi announced the acquisition of a 30% stake in Kuaiqian Financial Services for 240 million yuan, with the payment structured in three installments [3][11]. - The seller, Wanda Group, previously acquired a controlling stake in Kuaiqian for 315 million USD in 2014, holding 30% post-acquisition [3][11]. - Kuaiqian has been operating independently under Wanda's ownership, with limited management involvement from Wanda in recent years [4][11]. Group 2: Strategic Rationale - The acquisition is seen as a strategic move for China Ruyi to diversify into the fintech sector, leveraging its existing entertainment and content ecosystem [5][11]. - China Ruyi aims to enhance its platform capabilities by integrating payment solutions into its various business lines, including gaming and cinema [7][11]. - The company has a significant user base, with over 500 million users across its platforms, which could provide substantial growth opportunities for Kuaiqian [7][11]. Group 3: Future Collaboration - China Ruyi plans to maintain Kuaiqian's independent operations while participating in major decisions, including board appointments and strategic direction [7][11]. - There is potential for developing payment products tailored to entertainment scenarios, such as cinema payments and membership wallet solutions [7][11]. - Kuaiqian has initiated overseas expansion efforts, and the partnership with China Ruyi may accelerate these initiatives by providing additional resources [7][11]. Group 4: Market Context - The third-party payment license has become increasingly valuable, with multiple acquisitions in the sector, highlighting the competitive landscape [3][11]. - Kuaiqian, as one of the earliest licensed payment institutions in China, has established a foothold in various sectors, including insurance and finance [6][11]. - The acquisition aligns with regulatory encouragement for compliant and resourceful institutions to participate in the payment industry [5][11].

| 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | | 證券代號 (如上市) | 00136 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | | 事件 | | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | | | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年7月8日 | | 15,847,112,286 | | | 0 | | | 15,847,112,286 | | 1). 配售/認購 - 涉及新股 | | | 163,502,329 | 1.03 % | | HKD | ...