Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 149,726,000, a decrease of 31.6% compared to HKD 219,388,000 in 2024[2] - The gross profit for 2025 was HKD 7,707,000, down 22.1% from HKD 9,892,000 in 2024[2] - The company reported a loss before tax of HKD 72,123,000 for 2025, compared to a loss of HKD 40,228,000 in 2024, representing an increase in losses of 79.5%[3] - Total comprehensive loss for the year was HKD 71,505,000, compared to a loss of HKD 40,606,000 in 2024, indicating a 76.2% increase in comprehensive losses[3] - The overall segment performance resulted in a loss of HKD 49,721,000 for 2025, compared to a loss of HKD 20,475,000 in 2024, indicating a worsening of approximately 143%[22][24] - Other income for the year ending December 31, 2025, totaled HKD 5,264,000, a decrease from HKD 12,152,000 in 2024, indicating a decline of approximately 57%[25] - Financial expenses for the year ending December 31, 2025, amounted to HKD 42,539,000, significantly higher than HKD 14,199,000 in 2024, representing an increase of about 200%[25] - The company reported a pre-tax loss of HKD 72,123,000 for the year ending December 31, 2025, compared to a pre-tax loss of HKD 40,228,000 in 2024, reflecting an increase in losses of about 79%[29] - The net loss attributable to equity holders for the year ending December 31, 2025, was approximately HKD 72.1 million, compared to a net loss of approximately HKD 40.2 million for the year ending December 31, 2024[34] Assets and Liabilities - Non-current assets decreased to HKD 432,225,000 in 2025 from HKD 495,173,000 in 2024, a decline of 12.7%[4] - Current liabilities decreased to HKD 147,101,000 in 2025 from HKD 181,715,000 in 2024, a reduction of 19.0%[4] - The company's equity attributable to owners showed a total deficit of HKD 66,055,000 in 2025, worsening from a deficit of HKD 22,875,000 in 2024[5] - Cash and cash equivalents decreased significantly to HKD 13,117,000 in 2025 from HKD 59,765,000 in 2024, a drop of 78.0%[4] - The group has a net current liability of HKD 67,500,000 due to bonds maturing within the next 12 months[10] - The group reported a net loss of approximately HKD 72,123,000 for the year ended December 31, 2025[108] - As of December 31, 2025, the group's net current liabilities amounted to approximately HKD 94,445,000[108] - The group's total liabilities were approximately HKD 66,055,000, indicating significant uncertainty regarding its ability to continue as a going concern[108] Business Operations - The company’s main business includes providing cold storage and related services, as well as food and beverage trading and sales[6] - The frozen warehouse and logistics division faced significant challenges due to structural changes in the local food and beverage industry, impacting revenue[39] - Revenue from the frozen warehouse and related services business decreased by approximately 26%, while revenue from food and beverage trading and sales in mainland China decreased by approximately 57%[35] - The trading and sales division in mainland China has undergone a fundamental strategic transformation, shifting focus to convenience store channels to eliminate intermediary costs[41] - The company is strategically positioned as a diversified service provider, focusing on frozen warehouse and logistics services in Hong Kong and food and beverage trading in mainland China[36] - The company is exploring potential overseas acquisition opportunities for new infrastructure, which is still in the preliminary exploration stage[38] Financing and Capital Structure - The group is actively negotiating with potential investors for new equity or debt financing to meet short-term operational and financial needs[14] - The group anticipates sufficient financial resources to meet future operational funding and financing needs, supported by ongoing measures and shareholder backing[11] - The company has conditionally agreed to issue and allot a total of 10,000,000 shares at a subscription price of HKD 2.00 per share[94] - The company has entered into three separate subscription agreements for convertible bonds totaling HKD 45,000,000, with an annual interest rate of 6%[64] - The convertible bonds allow for the issuance of up to 93,730,472 shares at a conversion price of HKD 0.4801 per share[64] - The company believes that issuing convertible bonds is a strategic and cost-effective financing solution to strengthen liquidity while minimizing immediate equity dilution[91] - The net proceeds from the convertible bond issuance amounted to approximately HKD 40.67 million after deducting related expenses, with a net conversion price of approximately HKD 0.4339 per share[90] - The company aims to enhance its financial position by addressing its debt levels and improving cash flow through these financing activities[91] Governance and Compliance - The company has adopted corporate governance practices in accordance with the Stock Exchange Listing Rules[98] - The board currently has no intention to fill the chairman position, believing it does not negatively impact the company[100] - The audit committee consists of three independent non-executive directors who have reviewed the financial statements for the year[102] - The company has confirmed compliance with its securities trading policy for the fiscal year ending December 31, 2025[101] - The financial statements have been prepared in accordance with the Hong Kong Financial Reporting Standards[104] Future Outlook and Strategy - The group is focusing on developing its cold storage and related services, as well as food and beverage trading, to generate operational cash flow[14] - The cold storage and logistics division is expected to undergo effective transformation in 2026, focusing on expanding operations in the Greater Bay Area[47] - The company aims to enhance its cold chain logistics capabilities to meet the growing demand for high-end perishable food products[49] - The company is expanding its e-commerce capabilities and focusing on high-margin product offerings to accelerate revenue growth[51] - The company plans to establish a joint venture in the U.S. for two data centers, pending due diligence and feasibility studies[45] - The group aims to consolidate its core infrastructure and expand synergies in the Greater Bay Area, transitioning from a Hong Kong-centric model to an integrated approach[55] - The group plans to enhance its product matrix in the food and beverage trading and sales sector by developing high-end product offerings and diversifying retail channels[56]

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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 — 1 — DAIDO GROUP LIMITED 大 同 集 團 有 限 公 司 * （ 在百慕達成立為法團，而其成員的法律責任是有限度的） （股 份 代 號：00544） 盈利警告 本公告乃由大同集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」）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(2)a條及香港法例第571章證券及期 貨條例（「證券及期貨條例」）第XIVA部項下的內幕消息條文（定義見上市規則）而作出。 根據對本集團截至二零二五年十二月三十一日止年度（「二零二五財政年度」）未經審核綜 合管理賬目之初步評估，以及目前可掌握的資料，本公司董事會（「董事會」）謹此通知本 公司股東（「股東」）及有意投資者，本集團預期二零二五財政年度錄得本公司權益持有人 應佔淨虧損不少於約72.1百萬港元，相對截至二零二四零年十二月三十一日止年度則錄得 本公司權益持有人應佔淨虧損約40 ...

大 同 集 團 有 限 公 司 * （ 在百慕達成立為法團，而其成員的法律責任是有限度的） 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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 DAIDO GROUP LIMITED 賀新喻 香港，二零二六年三月十八日 於本公告日期，董事會成員包括執行董事賀新喻先生；非執行董事關雅頌女士；以及獨 立非執行董事梁志雄先生、李丹女士及羅智弘先生。 （股 份 代 號：00544） * 僅供識別 董事會會議召開日期 大同集團有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，將於二零二六年三月三十 日（星期一）舉行董事會會議，藉以（其中包括）批准本公司及其附屬公司截至二零二五年 十二月三十一日止年度之年度業績以及其刊發，以及考慮派發末期股息（如適用）之推薦 建議。 承董事會命 大同集團有限公司 執行董事 ...

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 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 公司名稱: 大同集團有限公司(在百慕達成立為法團，而其成員的法律責任是有限度的) 呈交日期: 2026年3月2日 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) | 00544 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.1 HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.1 HKD | | 600,000,000 | ...

Group 1 - Voyage Capital Holdings Limited reduced its stake in Datong Group (00544) by 1 million shares at an average price of HKD 2 per share, totaling HKD 2 million [1] - After the reduction, Voyage Capital's latest holding is 1.5 million shares, representing a 3.35% ownership stake [1]

Group 1 - Voyage Capital Holdings Limited reduced its stake in Datong Group (00544) by 1 million shares at an average price of 2 HKD per share, totaling 2 million HKD [1] - After the reduction, Voyage Capital's latest holding is 1.5 million shares, representing a holding percentage of 3.35% [1]

Group 1 - Voyage Capital Holdings Limited reduced its stake in Datong Group (00544) by selling 1 million shares at an average price of HKD 2 per share, totaling HKD 2 million [1] - After the reduction, Voyage Capital's latest holding is 1.5 million shares, representing a holding percentage of 3.35% [1]

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 截至月份: 2026年1月31日 狀態: 新提交 第 1 頁 共 10 頁 v 1.2.0 致：香港交易及結算所有限公司 公司名稱: 大同集團有限公司(在百慕達成立為法團，而其成員的法律責任是有限度的) 呈交日期: 2026年2月4日 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) | 00544 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.1 HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.1 H ...

Core Viewpoint - Datong Group is transitioning from a traditional cold storage and food trading business to the computing power industry by acquiring two data centers in the U.S. for $11.4 million, driven by declining revenues and increasing losses [1][2]. Financial Performance - In the first half of 2025, Datong Group reported revenue of HKD 76.6 million, a year-on-year decline of 38.6%, with a net loss of HKD 36.9 million, an increase of 86.4% compared to the previous year [2][8]. - The company's debt-to-asset ratio reached 111.68%, with a current ratio of 0.27 and a negative net asset value of HKD -0.21 per share, indicating a state of insolvency [2][8]. - The cold storage business, which accounts for 88.21% of revenue, is facing challenges due to consumer outflow and rising costs, leading to customer loss and intensified price competition [2][8]. Transformation Logic - The acquisition of data centers is seen as a strategic extension of the company's expertise in managing high-energy industrial infrastructure, aiming to transition into a high-end storage infrastructure operator [3][9]. - The data centers are expected to have future applications in high-demand areas such as AI computing, providing multi-purpose industrial real estate [3][9]. Industry Risks - The U.S. data center market is highly competitive, with major players like EDGNEX investing $20 billion to expand capacity to 2,000 megawatts, while traditional markets face power supply crises [4][10]. - The profitability model of AI data centers is under scrutiny, as they rely heavily on capital investment rather than consumer demand, with major companies struggling to achieve profitability [4][10]. Strategic Concerns - The acquisition is structured as a joint venture with Datong holding 60%, and while the total cost is less than 15% of the company's market value, it still poses cash flow challenges [5][11]. - The absence of performance guarantees in the deal and the long-term losses of the target assets raise questions about the strategic clarity of the company's decision to pursue this acquisition [5][11]. Future Outlook - This cross-industry move represents both an opportunity and a critical challenge for Datong Group; successful integration could help the company escape its traditional business decline, while failure could exacerbate financial deterioration [6][12]. - The company plans to generate stable income through a "space leasing + power management fee" model, but the volatility in demand for Bitcoin mining services and the need for substantial ongoing investment in AI computing raise concerns about its long-term competitiveness [6][12].

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 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 大同集團有限公司(在百慕達成立為法團，而其成員的法律責任是有限度的) 第 1 頁 共 10 頁 v 1.1.1 FF301 呈交日期: 2026年1月7日 I. 法定/註冊股本變動 II. 已發行股份及/或庫存股份變動 | 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) | 00544 | 說明 | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 34,813,247 | | 0 | | 34,813,247 | | 增加 / 減少 (-) | | | 10,000,000 | | | | | | 本月底結存 | | | 44,813,247 | | ...