Core Insights - The company reported a revenue of HKD 15.744 million for the six months ending June 30, 2025, representing a year-on-year increase of 2.7% [1] - The loss attributable to the company's owners was HKD 0.829 million, a significant reduction of 96.7% compared to the previous year [1] - The loss per share was HKD 0.001 [1] Revenue Breakdown - Revenue from advertising and marketing-related services amounted to approximately HKD 10.4 million, accounting for about 65.8% of the company's total revenue [1] - The company has been actively expanding its digital media marketing services and multi-channel network (MCN) business since 2020 to diversify its advertising revenue [1]

Company Information [SEEC Media Group Limited Unaudited Condensed Consolidated Interim Results](index=1&type=section&id=SEEC%20Media%20Group%20Limited%20Unaudited%20Condensed%20Consolidated%20Interim%20Results) This report presents the unaudited condensed consolidated interim results of SEEC Media Group Limited (Stock Code: 205) for the six months ended June 30, 2025 - The report covers the unaudited condensed consolidated interim results of SEEC Media Group Limited for the six months ended June 30, 2025[2](index=2&type=chunk)[3](index=3&type=chunk) Financial Statements [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=1&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group's revenue slightly increased, but gross profit declined, while a significant gain from fair value changes of investments held for trading, compared to a loss last year, substantially narrowed the loss for the period Key Data from Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income | Metric | Six Months Ended June 30, 2025 (HK$'000) | Six Months Ended June 30, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 15,744 | 15,331 | +2.7% | | Cost of Sales | (8,100) | (4,897) | +65.4% | | Gross Profit | 7,644 | 10,434 | -26.8% | | Fair Value Changes of Investments Held for Trading | 8,861 | (34,962) | From Loss to Gain | | Loss Before Tax | (376) | (25,701) | -98.5% | | Loss for the Period | (376) | (25,701) | -98.5% | | Loss for the Period Attributable to Owners of the Company | (829) | (25,167) | -96.7% | | Basic Loss Per Share (HKD) | (0.001) | (0.031) | -96.8% | [Condensed Consolidated Statement of Financial Position](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets slightly increased, net current assets marginally decreased, and expanded non-controlling interests led to a slight reduction in total equity Key Data from Condensed Consolidated Statement of Financial Position | Metric | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Non-current Assets | 11,354 | 12,080 | -6.0% | | Current Assets | 319,967 | 311,048 | +2.9% | | Current Liabilities | 152,548 | 142,071 | +7.4% | | Net Current Assets | 167,419 | 168,977 | -0.9% | | Net Assets | 153,976 | 155,421 | -0.9% | | Equity Attributable to Owners of the Company | 173,657 | 175,194 | -0.9% | | Non-controlling Interests | (19,681) | (19,773) | -0.5% | Notes to the Financial Statements [Basis of Preparation and Principal Accounting Policies](index=4&type=section&id=Basis%20of%20Preparation%20and%20Principal%20Accounting%20Policies) The condensed consolidated financial statements are prepared in accordance with HKAS 34 and Appendix D2 of the Listing Rules, using the historical cost convention, with financial instruments measured at revalued amounts or fair value, and the first-time application of HKFRS amendments had no material impact on financial position or performance - The financial statements adhere to **HKAS 34** and Appendix D2 of the Listing Rules, applying the historical cost convention, with financial instruments measured at revalued amounts or fair value[6](index=6&type=chunk)[7](index=7&type=chunk) - The first-time application of **HKAS 21 (Amendments) 'Lack of Exchangeability'** in the current period had no material impact on the Group's financial position or performance[7](index=7&type=chunk) [Revenue and Segment Information](index=4&type=section&id=Revenue%20and%20Segment%20Information) The Group operates three reportable segments: advertising services, securities brokerage services, and money lending, with advertising services revenue significantly increasing, money lending revenue decreasing, and securities brokerage services revenue being zero - The Group operates three business segments: providing advertising services, providing securities brokerage services, and money lending[9](index=9&type=chunk) Revenue by Reportable Segment | Segment | Revenue for Six Months Ended June 30, 2025 (HK$'000) | Revenue for Six Months Ended June 30, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Advertising Services | 10,357 | 8,259 | +25.4% | | Securities Brokerage Services | – | 156 | -100% | | Money Lending | 5,387 | 6,916 | -22.1% | | **Total Revenue** | **15,744** | **15,331** | **+2.7%** | Segment Results by Reportable Segment | Segment | Segment (Loss)/Profit for Six Months Ended June 30, 2025 (HK$'000) | Segment (Loss)/Profit for Six Months Ended June 30, 2024 (HK$'000) | | :--- | :--- | :--- | | Advertising Services | (3,910) | (2,088) | | Securities Brokerage Services | (75) | 86 | | Money Lending | 307 | (1,950) | | **Consolidated** | **(3,678)** | **(3,952)** | [Other Gains and Losses, Net](index=6&type=section&id=Other%20Gains%20and%20Losses%2C%20Net) During the reporting period, the Group recorded a net exchange loss, contrasting with a significant gain from the deregistration of a subsidiary in the prior year Other Gains and Losses, Net | Item | Six Months Ended June 30, 2025 (HK$'000) | Six Months Ended June 30, 2024 (HK$'000) | | :--- | :--- | :--- | | Net Exchange (Loss)/Gain | (1,355) | 2,121 | | Gain on Deregistration of a Subsidiary | – | 19,985 | | **Total** | **(1,355)** | **22,097** | [Loss Before Tax](index=6&type=section&id=Loss%20Before%20Tax) The Group's loss before tax is calculated considering factors such as depreciation, bank interest income, and finance costs Components of Loss Before Tax | Item | Six Months Ended June 30, 2025 (HK$'000) | Six Months Ended June 30, 2024 (HK$'000) | | :--- | :--- | :--- | | Depreciation of Property, Plant and Equipment | 1 | 1 | | Bank Interest Income | (8) | (27) | | Finance Costs | 436 | 1,264 | [Income Tax](index=6&type=section&id=Income%20Tax) Hong Kong profits tax uses a two-tiered tax rate, while Chinese subsidiaries are taxed at 25%, with no income tax expense incurred by the Group during the reporting period - Hong Kong profits tax applies a two-tiered tax rate of **8.25% and 16.5%**, while Chinese subsidiaries are subject to a **25%** tax rate[14](index=14&type=chunk) - No income tax expense was incurred for the six months ended June 30, 2025, and 2024[15](index=15&type=chunk) [Dividends](index=6&type=section&id=Dividends) The Board does not recommend the payment of any interim dividend for the six months ended June 30, 2025, consistent with the prior year - The Board does not recommend the payment of any interim dividend for the six months ended June 30, 2025[15](index=15&type=chunk) [Loss Per Share](index=7&type=section&id=Loss%20Per%20Share) Basic and diluted loss per share significantly narrowed, primarily due to a substantial reduction in the loss for the period Loss Per Share Calculation Data | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Loss for the Period Attributable to Owners of the Company (HK$'000) | (829) | (25,167) | | Weighted Average Number of Ordinary Shares ('000 shares) | 821,082 | 821,082 | | Basic and Diluted Loss Per Share (HKD) | (0.001) | (0.031) | - Share options only have a dilutive effect when the average market price during the period exceeds the adjusted exercise price[17](index=17&type=chunk) [Receivables](index=8&type=section&id=Receivables) The Group's receivables primarily stem from advertising and securities trading businesses, with advertising receivables decreasing and securities trading receivables remaining stable, as the Group maintains strict credit risk monitoring Receivables Details | Item | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Receivables from Advertising Services (Net of Allowance) | 3,592 | 8,868 | -59.5% | | Receivables from Securities Trading Business (Net of Allowance) | 35,433 | 35,433 | 0% | | **Total Receivables** | **39,025** | **44,301** | **-11.9%** | - The Group maintains strict monitoring over outstanding receivables from securities brokerage to minimize credit risk and ensure clients' listed equity securities are sufficient to offset outstanding debts[19](index=19&type=chunk) - Receivables from cash clients are repayable on demand and bear interest at the Hong Kong prime rate plus **3%** per annum[20](index=20&type=chunk) [Investments Held for Trading](index=9&type=section&id=Investments%20Held%20for%20Trading) The Group's investments held for trading primarily consist of Hong Kong-listed equity securities, which saw an increase in fair value and are classified as Level 1 fair value hierarchy Total Investments Held for Trading | Metric | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Investments Held for Trading | 83,918 | 74,049 | +13.3% | - Investments held for trading are listed equity securities in Hong Kong, with fair value determined by market bid prices and classified as Level 1 fair value hierarchy[23](index=23&type=chunk) [Payables](index=9&type=section&id=Payables) The Group's payables primarily arise from advertising and securities trading, with advertising payables increasing, and the Group maintains an average credit period of 90 days with financial risk management policies to ensure timely settlement Payables Details | Item | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Payables from Advertising Services | 10,609 | 8,809 | +20.4% | | Payables from Securities Trading Business (Cash Clients) | 9,828 | 9,828 | 0% | | **Total Payables** | **20,437** | **18,637** | **+9.7%** | - The average credit period for payables is **90 days**, and the Group has established financial risk management policies to ensure all payables are settled within credit terms[25](index=25&type=chunk) Business Review [Advertising and Sale of Books and Magazines](index=11&type=section&id=Advertising%20and%20Sale%20of%20Books%20and%20Magazines) Advertising business, a key revenue source, improved as COVID-19 impacts in China subsided despite challenges from the US-China trade war and internet economy, with the Group actively expanding digital media marketing and MCN businesses - Advertising business performance improved, generating approximately **HK$10.4 million** in revenue, accounting for about **65.8%** of total revenue[27](index=27&type=chunk) - The Group actively expands digital media marketing services and Multi-Channel Network (MCN) businesses to diversify revenue[27](index=27&type=chunk) [Securities Brokerage](index=11&type=section&id=Securities%20Brokerage) Due to continuous losses, the Board decided to cease securities brokerage operations and is surrendering its license to the SFC; the business, suspended since September 19, 2023, has no material impact on the Company's financials or operations - The Board has decided to cease operating the continuously loss-making securities brokerage business and is in the process of surrendering its license to the SFC[28](index=28&type=chunk) - The securities brokerage business has been suspended since **September 19, 2023**, with no material impact on the Company's financial position or operations[28](index=28&type=chunk)[29](index=29&type=chunk) - For the six months ended June 30, 2025, the securities brokerage business generated no commission, brokerage, or interest income[28](index=28&type=chunk) [Money Lending](index=12&type=section&id=Money%20Lending) Money lending, part of the Group's diversified financial services to expand revenue, generated approximately HK$5.4 million in interest income, accounting for 34.2% of total revenue, with credit risk managed through independent credit assessments, collateral checks, and monthly loan portfolio reviews - The money lending business generated approximately **HK$5.4 million** in interest income, representing about **34.2%** of the Group's total revenue[30](index=30&type=chunk) - The Group manages credit risk in its money lending business through independent credit assessments, collateral value checks, and regular credit reviews[31](index=31&type=chunk)[32](index=32&type=chunk) - As of June 30, 2025, the loan portfolio included approximately **HK$94.1 million** in secured loans and **HK$61.0 million** in unsecured loans, with annual interest rates ranging from **6.4% to 8.0%**[33](index=33&type=chunk) - The largest borrower and the top five borrowers accounted for approximately **12%** and **49%** of total loans receivable, respectively, with all top five borrowers being individuals whose loans are collateralized[33](index=33&type=chunk) Outlook and Prospects [Outlook and Prospects](index=13&type=section&id=Outlook%20and%20Prospects) Despite global economic challenges, China's economy is expected to rebound, and the Group will continue to strengthen its financial businesses, actively develop digital media marketing and MCN advertising, and explore other investment opportunities to maximize shareholder value - The global economy faces challenges, but China's economy is expected to rebound, supported by government stimulus measures and domestic consumption growth[35](index=35&type=chunk) - The Group will continue to strengthen its financial businesses and actively develop digital media marketing and MCN advertising businesses[35](index=35&type=chunk) - The Group will maintain a cautiously optimistic outlook, exploring investment opportunities that yield good sustainable returns and maximize shareholder value[37](index=37&type=chunk) Management Discussion and Analysis [Financial Review](index=14&type=section&id=Financial%20Review) Advertising services revenue grew by 25.4%, securities brokerage revenue was zero, and money lending revenue decreased, leading to an overall gross profit margin decline to 48.6%; the shift from a loss to a gain in investments held for trading was the primary reason for the 96.7% reduction in loss for the period Revenue Changes by Business Segment | Business Segment | Revenue for Six Months Ended June 30, 2025 (HK$'000) | Revenue for Six Months Ended June 30, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Advertising Services | 10,400 | 8,300 | +25.4% | | Securities Brokerage Business | 0 | 200 | -100% | | Money Lending Business | 5,400 | 6,900 | -21.7% | - The Group's overall gross profit margin decreased from **68.1% to 48.6%**, primarily due to a reduced revenue contribution from high-margin business segments[38](index=38&type=chunk) - A fair value gain of approximately **HK$8.9 million** from investments held for trading, compared to a loss of approximately **HK$35.0 million** in the prior year, was the primary reason for the **96.7%** reduction in loss for the period[38](index=38&type=chunk)[40](index=40&type=chunk) [Use of Proceeds](index=15&type=section&id=Use%20of%20Proceeds) The Group disclosed the use of proceeds from its 2015 public offering and 2022 subscription, with most funds utilized as planned, and remaining unutilized funds allocated for developing Type 4, 6, 9 regulated activities companies and expanding advertising business - Net proceeds of approximately **HK$518.27 million** from the 2015 public offering were primarily used for establishing and operating Type 1 companies, acquiring e-commerce platform companies, and developing money lending businesses, with most funds utilized[41](index=41&type=chunk)[42](index=42&type=chunk) Use of Proceeds from Public Offering | Intended Use | Net Proceeds (HK$'000) | Actual Use for Six Months Ended June 30, 2025 (HK$'000) | Unutilized Balance (HK$'000) | Expected Timeline for Full Utilization | | :--- | :--- | :--- | :--- | :--- | | Establishment and Operation of Type 1 Companies | 275,000 | 275,000 | – | – | | Establishment and Operation of Type 4, 6, 9 Regulated Activities Companies | 10,000 | – | 10,000 | December 31, 2025 | | Acquisition of E-commerce Platform Development and Operation Companies | 124,000 | 124,000 | – | – | | Operation and Development of Money Lending Business | 110,000 | 110,000 | – | – | - Net proceeds of approximately **HK$47.8 million** from the 2022 subscription were intended for expanding advertising business, particularly digital media marketing and MCN services, with **HK$46.6 million** utilized as of the reporting date, and the remaining **HK$1.2 million** expected to be fully utilized by **December 31, 2025**[43](index=43&type=chunk)[44](index=44&type=chunk) [Material Acquisitions and Disposals of Subsidiaries](index=16&type=section&id=Material%20Acquisitions%20and%20Disposals%20of%20Subsidiaries) For the six months ended June 30, 2025, the Group had no material acquisitions or disposals of subsidiaries - During the reporting period, the Group had no material acquisitions or disposals of subsidiaries[45](index=45&type=chunk) [Material Investments](index=16&type=section&id=Material%20Investments) The Group's total investments held for trading amounted to approximately HK$83.9 million, primarily Hong Kong-listed equity securities, with an investment in China Investment and Finance Group Limited accounting for 5.9% of total assets and recording an unrealized gain; the Group will maintain a diversified investment portfolio to balance risk Total Investments Held for Trading | Metric | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Total Investments Held for Trading | 83,900 | 74,000 | +13.4% | Details of Material Investments | Company Name | Number of Shares Held | Percentage of Total Issued Share Capital | Market Value (HK$'000) | Percentage of Total Group Assets | Fair Value Gain on Investment (HK$'000) | | :--- | :--- | :--- | :--- | :--- | :--- | | China Investment and Finance Group Limited | 13,000,000 | 3.2% | 19,500 | 5.9% | 2,210 | | Other Securities | N/A | N/A | 64,418 | 19.4% | 6,651 | | **Total** | | | **83,918** | **25.3%** | **8,861** | - The Group will continue to maintain a diversified investment portfolio across various business segments, closely monitoring portfolio performance to adjust investment strategies for balancing and mitigating investment risks[49](index=49&type=chunk) [Liquidity and Financial Resources](index=18&type=section&id=Liquidity%20and%20Financial%20Resources) The Group's daily operations are primarily funded by internal resources, with a slight decrease in total equity and a capital gearing ratio increase to 53.5%; the Group holds approximately HK$25.9 million in bank and cash balances with no assets pledged Liquidity and Financial Resources Overview | Metric | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | Change (%) | | :--- | :--- | :--- | :--- | | Total Equity | 154,000 | 155,400 | -0.9% | | Non-current Liabilities | 24,800 | 25,600 | -3.1% | | Capital Gearing Ratio | 53.5% | 51.9% | +1.6% | | Bank and Cash Balances (Excluding Trust and Segregated Accounts) | 25,900 | 29,400 | -11.9% | - The Group's daily operations are primarily funded by internal resources, with no assets or bank deposits pledged to banks[50](index=50&type=chunk)[52](index=52&type=chunk) [Events After Reporting Period](index=18&type=section&id=Events%20After%20Reporting%20Period) Subsequent to the reporting period, the Group completed a rights issue, raising net proceeds of approximately HK$39.5 million, and its wholly-owned subsidiary, Honor Fame Group Limited, agreed to acquire sale shares of BFB Development Inc. for HK$38.22 million - Subsequent to the reporting period, the Group completed a rights issue in **July 2025**, raising net proceeds of approximately **HK$39.5 million**[53](index=53&type=chunk) - The Group's wholly-owned subsidiary, Honor Fame Group Limited, agreed on **August 22, 2025**, to acquire sale shares of BFB Development Inc. for **HK$38.22 million**[54](index=54&type=chunk)[55](index=55&type=chunk) [Foreign Currency and Treasury Policy](index=19&type=section&id=Foreign%20Currency%20and%20Treasury%20Policy) Most of the Group's business transactions, assets, and liabilities are denominated in HKD, USD, or RMB; the treasury policy is to manage foreign exchange risk when financially significant, with no hedging or speculative activities during the period - Most of the Group's business transactions, assets, and liabilities are denominated in **HKD, USD, or RMB**[56](index=56&type=chunk) - The Group's treasury policy is to manage foreign exchange risk when it significantly impacts financials, with no hedging or speculative activities undertaken during the period[56](index=56&type=chunk) [Employees](index=19&type=section&id=Employees) As of June 30, 2025, the Group had 48 employees, with remuneration and benefits determined based on market conditions and individual performance Number of Employees | Metric | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | Number of Employees | 48 | 55 | -7 | - Salaries, bonuses, and benefits are determined based on market conditions and individual employee performance[57](index=57&type=chunk) Corporate Governance and Other Information [Directors' Interests in Shares](index=19&type=section&id=Directors%27%20Interests%20in%20Shares) As of June 30, 2025, certain directors held long positions in the Company's shares and share options, with Mr. Li Wei holding 5.17% of shares and related share options Directors' Interests in Shares | Director's Name | Nature of Interest | Number of Shares Held | Number of Underlying Shares Held via Share Options | Percentage of Total Issued Shares | | :--- | :--- | :--- | :--- | :--- | | Li Wei | Beneficial Owner | 30,778,750 | 7,300,000 | 5.17% | | Luo Zhihong | Beneficial Owner | – | 3,180,000 | 0.43% | - As of June 30, 2025, no director held any long or short positions in the Company's shares, underlying shares, or debentures, other than those disclosed[60](index=60&type=chunk) [Interests and Short Positions of Substantial Shareholders and Other Persons in Shares and Underlying Shares of the Company](index=20&type=section&id=Interests%20and%20Short%20Positions%20of%20Substantial%20Shareholders%20and%20Other%20Persons%20in%20Shares%20and%20Underlying%20Shares%20of%20the%20Company) As of June 30, 2025, the register of substantial shareholders indicated Yongrong (Hong Kong) Asset Management held a long position in the Company's shares - **Yongrong (Hong Kong) Asset Management** is a substantial shareholder, holding a long position in the Company's shares[63](index=63&type=chunk) [Purchase, Redemption or Sale of the Company's Listed Securities](index=20&type=section&id=Purchase%2C%20Redemption%20or%20Sale%20of%20the%20Company%27s%20Listed%20Securities) During the reporting period, neither the Company nor any of its subsidiaries purchased, redeemed, or sold any of the Company's listed securities - During the reporting period, neither the Company nor any of its subsidiaries purchased, redeemed, or sold any of the Company's listed securities[64](index=64&type=chunk) [Corporate Governance](index=20&type=section&id=Corporate%20Governance) The Company complied with the Corporate Governance Code in Appendix C1 of the Listing Rules during the reporting period, adopting a more flexible approach to Board meeting notice periods for more efficient decision-making - The Company complied with the Corporate Governance Code in Appendix C1 of the Listing Rules, but adopted a more flexible approach regarding Board meeting notice periods (Code Provisions C.5.3 and C.5.8) to ensure more efficient and prompt management decisions[65](index=65&type=chunk) [Remuneration Committee](index=21&type=section&id=Remuneration%20Committee) The Remuneration Committee comprises three independent non-executive directors, with Mr. Luo Zhihong serving as Chairman - The Remuneration Committee consists of **three independent non-executive directors**, with **Mr. Luo Zhihong** as Chairman[67](index=67&type=chunk) [Nomination Committee](index=21&type=section&id=Nomination%20Committee) The Nomination Committee comprises three independent non-executive directors, with Ms. Fang Ying serving as Chairperson - The Nomination Committee consists of **three independent non-executive directors**, with **Ms. Fang Ying** as Chairperson[68](index=68&type=chunk) [Audit Committee](index=21&type=section&id=Audit%20Committee) The Audit Committee, comprising three independent non-executive directors with Mr. Luo Zhihong as Chairman, has reviewed the Group's accounting principles, practices, and financial reporting matters - The Audit Committee consists of **three independent non-executive directors**, with **Mr. Luo Zhihong** as Chairman, and has reviewed the Group's accounting principles, practices, and financial reporting matters[69](index=69&type=chunk) [Standard Code for Securities Transactions by Directors](index=21&type=section&id=Standard%20Code%20for%20Securities%20Transactions%20by%20Directors) The Company has adopted a code for directors' securities transactions no less exacting than the Model Code in Appendix C3 of the Listing Rules, and all directors confirmed compliance - The Company has adopted a code for directors' securities transactions no less exacting than the Model Code in Appendix C3 of the Listing Rules, and all directors confirmed compliance[70](index=70&type=chunk) [Board of Directors](index=21&type=section&id=Board%20of%20Directors) As of the announcement date, the Board comprises four executive directors and three independent non-executive directors, with Mr. Li Liang serving as Chairman - The Board of Directors consists of **four executive directors** (Zhou Hongtao, Li Liang, Li Wei, Li Zhen) and **three independent non-executive directors** (Luo Zhihong, Fang Ying, Guo Hui), with **Mr. Li Liang** serving as Chairman[71](index=71&type=chunk)

Group 1 - The company *ST Weir (002058.SZ) reported a revenue of 50.93 million yuan for the first half of 2025, representing a year-on-year decline of 26.71% [1] - The net profit attributable to shareholders of the listed company was 177 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -4.53 million yuan [1] - The basic earnings per share were 1.23 yuan [1]

Core Viewpoint - *ST Tianyu (300205.SZ) reported significant declines in performance due to ongoing impacts from SDN sanctions and unresolved fund freezes [1] Financial Performance - The company achieved operating revenue of 86.616 million yuan, a year-on-year decrease of 85.63% [1] - Operating costs amounted to 71.2323 million yuan, reflecting a year-on-year decrease of 83.90% [1] - The net profit attributable to shareholders was -85.8244 million yuan, representing a year-on-year decrease of 126.52% [1]

Core Viewpoint - The company has announced a conditional agreement to acquire 100% equity of BFB Development Inc. for a total consideration of HKD 38.22 million, which will be settled through the issuance of shares [1] Group 1: Acquisition Details - The acquisition will result in the company holding 100% equity of the target company, and the financial performance of the target will be consolidated into the company's financial results [1] - The target group operates a well-known health care brand and conducts business through various e-commerce platforms and multi-channel networks [1] - The health care brand has consistently ranked first in sales on major e-commerce platforms [1] Group 2: Strategic Benefits - The acquisition presents valuable opportunities for the company to expand its business network and customer base, strengthen existing business capabilities, and explore new revenue sources [2] - The deal is expected to enhance resource utilization efficiency without negatively impacting the company's cash flow [2] - The board believes that the rapidly growing digital media marketing and multi-channel network sectors will provide synergistic benefits, improving operational efficiency and market coverage [1][2]

Core Viewpoint - The company has announced a conditional agreement to acquire 100% equity of BFB Development Inc. for a total consideration of HKD 38.22 million, which will be settled through the issuance of consideration shares [1] Group 1: Acquisition Details - The acquisition will result in the company holding 100% equity of the target company, and the financial performance of the target will be consolidated into the company's financial results [1] - The target group operates a well-known health care brand and conducts business through various e-commerce platforms and multi-channel networks [1] - The health care brand has consistently ranked first in sales on major e-commerce platforms [1] Group 2: Strategic Benefits - The acquisition presents valuable opportunities for the company to expand its business network and customer base, strengthen existing business capabilities, and explore new revenue sources [2] - The deal is expected to enhance resource utilization efficiency without negatively impacting the company's cash flow [2] - The board believes that the rapidly growing digital media marketing and multi-channel network sectors will provide synergistic effects, improving operational efficiency and market coverage [1][2]

Group 1 - The company announced an agreement to acquire 100% of the issued share capital of BFB Development Inc through its wholly-owned subsidiary Honor Fame, with the transaction expected to be completed by August 22, 2025 [1] - The total consideration for the acquisition will be paid by issuing 147,000,000 shares to the seller, representing approximately 13.31% of the company's issued share capital as of the announcement date, and about 11.75% assuming no changes in share capital before completion [1] - Upon completion, the company will hold 100% equity in the target company, and the financial performance of the target will be consolidated into the company's financial results [1] Group 2 - The target group operates a well-known health care brand and has consistently ranked first in sales of health care products across major e-commerce platforms [2] - The group has been actively expanding its advertising business, particularly in digital media marketing and multi-channel networks, which the board believes is a rapidly growing market [2] - The acquisition is seen as a valuable opportunity for the group to expand its business network and customer base, strengthen existing business capabilities, and enhance resource utilization efficiency without negatively impacting cash flow [2]

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。 財訊傳媒集團有限公司 （於開曼群島註冊成立並於百慕達存續的有限公司） （股份代號：205） 須予披露交易 涉及根據一般授權發行代價股份 收購目標公司100%權益 緒言 董事會欣然宣佈，於二零二五年八月二十二日（聯交所交易時段後），本公司的 全資附屬公司Honor Fame與賣方訂立協議，據此，Honor Fame有條件同意收購及 賣方有條件同意按代價出售銷售股份。代價將以買方按代價股份價格向賣方配 發及發行代價股份的方式支付。 代價股份將根據一般授權配發及發行，毋須經股東批准。代價股份一經配發及發 行應與已發行股份享有同等權利。 本公告僅供參考之用，並不構成收購、購買或認購本公司證券之邀請或要約。 SEEC MEDIA GROUP LIMITED 如下文「代價」一節所述，將向賣方配發及發行合共147,000,000股代價股份，佔 本公告日期本公司已發行股本約13.31%，以及經代價股份擴大後本公司已發行 ...

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。 SEEC MEDIA GROUP LIMITED 財訊傳媒集團有限公司 （於開曼群島註冊成立並於百慕達存續的有限公司） （股份代號：205） 有關截至二零二四年十二月三十一日止年度年報的補充公告 茲提述財訊傳媒集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）於二 零二五年四月三十日刊發截至二零二四年十二月三十一日止年度之年報（「二零 二四年年報」）。除另有說明外，本公告所用詞彙與二零二四年年報所界定者具有 相同涵義。 除年報所披露的資料外，本公司擬向股東及公眾提供有關二零二四年年報的額外 資料如下。 購股權計劃 本公司於二零二一年六月三十日採納的購股權計劃於10年期間內有效及生效。購 股權計劃的剩餘年期為6年。 於本公告日期，董事會由執行董事李亮先生、李煒先生、李振先生及周洪濤先生以 及獨立非執行董事羅智鴻先生、方穎女士及郭輝先生組成。 於年報日期，根據購股權計劃可供發行的股份總數為118,854 ...

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。 香港，二零二五年八月二十二日 於本公告日期，董事會由執行董事李亮先生、李煒先生、李振先生及周洪濤先生以 及獨立非執行董事羅智鴻先生、方穎女士及郭輝先生組成。 （於開曼群島註冊成立並於百慕達存續的有限公司） （股份代號：205） 董事會會議延期 茲提述財訊傳媒集團有限公司（「本公司」）日期為二零二五年八月十三日的公告（「該 公告」），內容有關本公司將於二零二五年八月二十五日（星期一）舉行董事（「董 事」）會（「董事會」）會議（「董事會會議」）藉以（其中包括）審閱及批准本公司與其 附屬公司截至二零二五年六月三十日止六個月之未審計中期業績（「二零二五年中 期業績」）以及考慮宣派及派發股息（如有）。 由於需要額外時間落實二零二五年中期業績，董事會謹此宣佈，董事會會議將延 後至二零二五年八月二十九日（星期五）舉行。除本公告所披露者外，該公告所載 的所有資料及內容均保持不變。 承董事會命 財訊傳媒集團有限公司 執行董 ...