呈交日期: 2025年10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) | 00550 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.2 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.2 | HKD | | 1,000,000,000 | 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 | 狀態: | | --- | | 新提交 | | 截至月份: 2025年9月30日 | 致：香港交易及結算所有限公司 公司 ...

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 全部或任何部份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。 ALLEGRO CULTURE LIMITED 律齊文化有限公司 （於開曼群島註冊成立並於百慕達繼續經營之有限公司） 本 公 佈 乃 由 律 齊 文 化 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（「聯交所」）證 券 上 市 規 則（「上市規則」）第13.09條及第 13.24A條以及香港法例第571章證券及期貨條例第XIVA部 內 幕 消 息 條 文（定 義 見 上 市 規 則）作 出。 茲提述本公司日期為二零二四年三月十八日及二零二四年三月二十八日的公 佈，內 容 有 關 延 遲 完 成 二 零 二 三 年 審 核 工 作 及 延 遲 發 佈 二 零 二 三 年 全 年 業 績； 本 公 司 日 期 為 二 零 二 四 年 五 月 二 十 日 的 公 佈，內 容 ...

Core Viewpoint - The company has announced new appointments in its executive leadership team, which may impact its strategic direction and operational efficiency [1] Group 1 - Mr. Gan Peng has been appointed as Executive Director and Chief Executive Officer effective from September 19, 2025 [1] - Ms. Yao Sihui, who is already an Executive Director, has been appointed as Chief Financial Officer [1]

Core Viewpoint - The company has announced the appointment of Mr. Gan Peng as Executive Director and Chief Executive Officer effective September 19, 2025, and Ms. Yao Sihui as Chief Financial Officer [1] Group 1 - Mr. Gan Peng has been appointed as Executive Director and Chief Executive Officer [1] - Ms. Yao Sihui has been appointed as Chief Financial Officer [1]

ALLEGRO CULTURE LIMITED 律齊文化有限公司 （於開曼群島註冊成立並於百慕達繼續經營之有限公司） （股份代號：550） 董事名單與其角色和職能 律 齊 文 化 有 限 公 司 董 事（「董 事」）會（「董事會」）成 員 載 列 如 下： 執行董事 甘 鵬 （行 政 總 裁） 姚思慧 （首 席 財 務 官） 非執行董事 孫 婧 獨立非執行董事 李朝波 鄧寳琳 楊婉寧 審 核 委 員 會、薪 酬 委 員 會 及 提 名 委 員 會 成 員 載 列 如 下： | | 董事委員會 | 審 核 | 薪 酬 | 提 名 | | --- | --- | --- | --- | --- | | 董 事 | | 委員會 | 委員會 | 委員會 | | 鍾美瑤 | | | M | | | 李朝波 | | M | M | C | | 鄧寳琳 | | M | M | M | | 楊婉寧 | | C | C | M | 附 註： C: 委員會主席 鍾美瑤 M: 委員會成員 香 港，二 零 二 五 年 九 月 十 九 日 ...

ALLEGRO CULTURE LIMITED 律齊文化有限公司 （於開曼群島註冊成立並於百慕達繼續經營之有限公司） 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 全部或任何部份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。 （股份代號：550） (1)委 任 執 行 董 事、行 政 總 裁 及 首 席 財 務 官； 及 (2)繼續暫停買賣 董 事 會 欣 然 宣 佈，自 二 零 二 五 年 九 月 十 九 日 起： 委任執行董事及行政總裁 董 事 會 欣 然 宣 佈，根 據 提 名 委 員 會 的 推 薦 建 議，甘 先 生 已 獲 委 任 為 執 行 董 事 及 行 政 總 裁，自 二 零 二 五 年 九 月 十 九 日 起 生 效。 甘 先 生 的 履 歷 資 料 載 列 如 下： 甘 先 生，33歲，於 二 零 一 四 年 在 中 國 廣 西 大 學 行 健 文 理 學 院 取 得 通 信 工 程 學 士 學 位。彼 於 新 媒 體、廣 告、綜 ...

ALLEGRO CULTURE LIMITED 律齊文化有限公司 （於開曼群島註冊成立並於百慕達繼續經營之有限公司） （股份代號：550） 股東週年大會之投票表決結果及 繼續暫停買賣 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 全部或任何部份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。 1. 票數百分比乃以親身或由法團代表或受委代表在股東週年大會上投票之股東所持有之 股 份 總 數 為 基 礎。 2. 所 有 董 事 均 親 身 或 透 過 電 子 方 式 出 席 股 東 週 年 大 會。 茲 提 述 律 齊 文 化 有 限 公 司（「本公司」）日 期 為 二 零 二 五 年 八 月 二 十 五 日 之 通 函 （「通 函」）。除 非 文 義 另 有 界 定，否 則 本 公 佈 所 用 詞 彙 與 通 函 所 界 定 者 具 有 相 同 涵 義。 董 事 會 欣 然 宣 佈，通 函 所 載 股 東 週 年 大 會 通 告 載 列 之 所 有 決 議 ...

（Stock Code 股份代號：550） NOTIFICATION LETTER 通知信函 Dear Non-Registered Shareholders (Note 1) , Allegro Culture Limited (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.allegroculture.com.hk and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respectively (the "Website Version"). The ...

ALLEGRO CULTURE LIMITED Dear Registered Shareholders, Allegro Culture Limited (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.allegroculture.com.hk and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respectively (the "Website Version"). The Company strongly recommends you t ...

Management Discussion and Analysis [Business Review](index=3&type=section&id=BUSINESS%20REVIEW) The company achieved strategic growth in its core advertising business in Mainland China, while non-core businesses stagnated and an associate investment was sold to boost working capital - Hong Kong's economy is gradually recovering, but global uncertainties, interest rate volatility, and geopolitical tensions lead to moderate growth, with shifting consumption patterns suppressing consumer sectors like retail and F&B[5](index=5&type=chunk) - The company expanded advertising services to Mainland China starting in 2024, utilizing local channels like Douyin to offer integrated advertising solutions and partnering with Kingkey Group for mall promotion activities[6](index=6&type=chunk)[9](index=9&type=chunk) 2025 H1 vs 2024 H1 Advertising Business Revenue | Market | 2025 H1 Revenue (HKD) | 2024 H1 Revenue (HKD) | Change | | :--- | :--- | :--- | :--- | | Mainland China | Approximately 12.6 million | - | First contribution | | Hong Kong | Approximately 9.2 million | Approximately 13.8 million | Decreased | - The decline in Hong Kong market revenue was primarily due to market uncertainties and management's strategic reallocation of resources towards Mainland China market growth[7](index=7&type=chunk)[9](index=9&type=chunk) - Other business segments, including healthcare products, e-commerce, and IP development and design services, were largely stagnant in the first half of 2025, recording zero revenue, mainly due to historical issues stemming from the departure of a former executive director[11](index=11&type=chunk)[14](index=14&type=chunk) - The company successfully disposed of an investment in an associate in May 2025, with proceeds enhancing working capital and providing financial flexibility for ongoing operations and growth initiatives[11](index=11&type=chunk)[14](index=14&type=chunk) [Prospects](index=4&type=section&id=PROSPECT) The company maintains cautious optimism for the second half of 2025 and beyond, continuing to expand its Mainland China advertising market presence and exploring value-added services in Hong Kong to sustain revenue - The company will continue to expand its Mainland China advertising market, benefiting from national policies like the "14th Five-Year Plan" and digital economy development plans, anticipating sustained growth in the digital advertising industry[16](index=16&type=chunk)[19](index=19&type=chunk) - The company's advertising capabilities on Douyin and its partnership with Kingkey Group for events in high-traffic shopping malls position it to capitalize on rising consumption and experiential marketing trends in Mainland China[16](index=16&type=chunk)[19](index=19&type=chunk) - The company plans to launch workshops in China in July 2025, aiming to improve cost-effectiveness and quality control through vertical integration of event-related material production, while strengthening its project management team[17](index=17&type=chunk)[19](index=19&type=chunk) - The Hong Kong market remains challenging, and the company will leverage brands like Recruit Magazine and Like Magazine to explore value-added services, optimizing content and delivery platforms to adapt to market demands and maintain stable revenue[18](index=18&type=chunk)[20](index=20&type=chunk) - Non-core business segments remain inactive, but the company will selectively consider revitalization opportunities in line with strategic priorities and operational readiness[22](index=22&type=chunk)[27](index=27&type=chunk) [Financial Review](index=6&type=section&id=FINANCIAL%20REVIEW) In the first half of 2025, the Group's total revenue significantly increased by 57.6% to HKD 21.8 million, primarily driven by the expansion of its Mainland China advertising business, yet gross profit margin substantially declined due to competitive pricing strategies in the Chinese market, while administrative expenses decreased after excluding one-off items, but loss before income tax widened due to share of loss from an associate 2025 H1 vs 2024 H1 Revenue Comparison | Indicator | 2025 H1 (HKD) | 2024 H1 (HKD) | YoY Growth Rate | | :--- | :--- | :--- | :--- | | Total Revenue | Approximately 21.8 million | Approximately 13.8 million | Approximately 57.6% | | Advertising Services Revenue | Approximately 21.8 million | Approximately 13.8 million | Approximately 57.6% | | Healthcare Product Sales | Zero | Zero | - | | E-commerce | Zero | Zero | - | | IP Development and Design Services | Zero | Zero | - | - Revenue growth was primarily attributable to the Group's expansion of its advertising business into the Mainland China market[25](index=25&type=chunk)[28](index=28&type=chunk) - The healthcare products, e-commerce, and IP development and design services segments all recorded zero revenue in the first half of 2025, mainly due to documentation issues and business strategy adjustments following the departure of a former executive director[30](index=30&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk)[33](index=33&type=chunk)[34](index=34&type=chunk)[35](index=35&type=chunk) 2025 H1 vs 2024 H1 Gross Profit and Gross Profit Margin Comparison | Indicator | 2025 H1 (HKD) | 2024 H1 (HKD) | Change | | :--- | :--- | :--- | :--- | | Gross Profit | Approximately 6.3 million | Approximately 10.9 million | Decreased by approximately 41.7% | | Gross Profit Margin | Approximately 29.1% | Approximately 78.7% | Decreased by approximately 49.6 percentage points | - The decrease in gross profit and gross profit margin was mainly due to the Group's adoption of a lower-margin competitive pricing strategy during the initial expansion into the Mainland China market, leading to a higher proportion of direct operating costs to revenue[38](index=38&type=chunk)[39](index=39&type=chunk)[42](index=42&type=chunk)[43](index=43&type=chunk) 2025 H1 vs 2024 H1 Other Financial Indicators Comparison | Indicator | 2025 H1 (HKD) | 2024 H1 (HKD) | Change | | :--- | :--- | :--- | :--- | | Other Income | Approximately 891,000 | Approximately 645,000 | Increased, mainly due to higher bank interest income | | Selling and Distribution Costs | Approximately 4.4 million | Approximately 5.1 million | Slightly decreased by approximately 12.7% | | Administrative Expenses (excluding one-off items) | Approximately 6.5 million | Approximately 8.8 million | Decreased by 25.7% | | Finance Costs | Approximately 61,000 | Approximately 57,000 | Increased, mainly due to higher lease liabilities | | Loss Before Income Tax | Approximately 10.8 million | Approximately 7.5 million | Loss increased by approximately 45.0% | - Administrative expenses included one-off non-recurring items such as legal fees, forensic investigation, and internal control review fees; excluding these items, actual administrative expenses decreased by **25.7%** year-on-year[46](index=46&type=chunk)[50](index=50&type=chunk) [Liquidity and Financial Resources](index=9&type=section&id=LIQUIDITY%20AND%20FINANCIAL%20RESOURCES) As of June 30, 2025, the Group's net current assets and cash and bank balances both increased, and the current ratio improved, though net assets decreased; the Group had no bank loans or other borrowings, maintaining a zero gearing ratio, and adopted centralized financing with conservative foreign exchange and interest rate risk monitoring strategies 2025 H1 vs 2024 H2 Liquidity Indicators Comparison | Indicator | June 30, 2025 (HKD) | December 31, 2024 (HKD) | Change | | :--- | :--- | :--- | :--- | | Net Current Assets | Approximately 34.3 million | Approximately 30.7 million | Increased | | Current Ratio | Approximately 3.8 | Approximately 3.5 | Improved | | Net Assets | Approximately 41.5 million | Approximately 52.3 million | Decreased | | Total Cash and Bank Balances | Approximately 41 million | Approximately 37 million | Increased | - As of June 30, 2025, and December 31, 2024, the Group had no bank loans or other borrowings, resulting in a **0%** gearing ratio[55](index=55&type=chunk)[60](index=60&type=chunk) - The Group adopts a centralized financing and treasury policy, monitoring foreign exchange and interest rate risks with a prudent approach, with most transactions conducted in HKD, making currency risk not significant[56](index=56&type=chunk)[57](index=57&type=chunk)[60](index=60&type=chunk) [Capital Structure](index=10&type=section&id=CAPITAL%20STRUCTURE) As of June 30, 2025, the total number of issued shares remained unchanged at 455,534,000 shares, with a par value of HKD 0.2 per share 2025 H1 vs 2024 H2 Issued Shares | Indicator | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Number of Issued Shares | 455,534,000 shares | 455,534,000 shares | | Par Value per Share | HK$0.2 | HK$0.2 | [Capital Commitments and Contingent Liabilities](index=10&type=section&id=CAPITAL%20COMMITMENTS%20AND%20CONTINGENT%20LIABILITY) As of June 30, 2025, the Group had no capital commitments or significant contingent liabilities - As of June 30, 2025, the Group had no capital commitments (December 31, 2024: nil)[59](index=59&type=chunk)[62](index=62&type=chunk) - As of June 30, 2025, the Group had no significant contingent liabilities (December 31, 2024: nil)[59](index=59&type=chunk)[62](index=62&type=chunk) [Material Acquisition and Disposal of Subsidiaries](index