Core Viewpoint - The company, Zhuyou Intelligent Manufacturing Technology (00726), anticipates a significant increase in net loss for the six months ending June 30, 2025, projecting a loss of approximately HKD 269 million compared to a loss of HKD 170.5 million for the same period in 2024 [1] Financial Performance - The expected net loss is primarily attributed to a decrease in revenue from the sale of prefabricated building components and landscaping services, which is projected to decline by about 78% [1] - The company is facing pressure on its performance due to reduced gross margins across various business activities and a challenging market environment [1] Operational Challenges - The factory's capacity utilization has decreased, leading to a decline in revenue and an increase in unit fixed costs [1] - The company has suspended taking new orders in its decoration and landscaping business due to ongoing adjustments [1] - There is an anticipated increase in bad debt provisions for the six months ending June 30, 2025 [1]

Core Viewpoint - The company, Zhuyou Intelligent Manufacturing Technology (00726.HK), is expected to report a significant increase in net loss for the six months ending June 30, 2025, amounting to approximately HKD 269 million, compared to a net loss of HKD 170.5 million in the same period last year [1] Financial Performance - The anticipated net loss is primarily attributed to a 78% decrease in revenue from the sale of prefabricated building components and landscaping services [1] - The company is facing pressure on its performance due to declining gross margins across various business activities and a challenging market environment [1] - The factory's capacity utilization has decreased, leading to a drop in revenue and an increase in unit fixed costs [1] Operational Challenges - The company has paused accepting new orders in its decoration and landscaping business due to ongoing adjustments [1] - There has been an increase in bad debt provisions during the period, further impacting financial results [1]

Core Viewpoint - The company, Zhiyou Zhizao Technology (00726), anticipates a significant increase in net loss for the six months ending June 30, 2025, projecting a loss of approximately HKD 269 million, compared to a loss of HKD 170.5 million for the same period in 2024 [1] Financial Performance - The expected net loss is primarily attributed to a decrease in revenue from the sale of prefabricated building components and landscaping services, which is projected to decline by about 78% [1] - The company is facing pressure on its performance due to reduced gross margins across various business activities and a challenging market environment [1] Operational Challenges - The factory's capacity utilization has decreased, leading to a decline in revenue and an increase in fixed unit costs [1] - The company has suspended new order acceptance due to adjustments in its decoration and landscaping business [1] - There is an anticipated increase in bad debt provisions for the six months 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 對 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。 DIT GROUP LIMITED 本 公 告 由 築 友 智 造 科 技 集 團 有 限 公 司（「 本 公 司 」， 連 同 其 附 屬 公 司 統 稱 為 「 本 集 團」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則 第 13.09 條 及 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而刊發。 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，基 於 對 本集 團 於 截 至 二零 二 五 年 六月 三 十 日 止 六個 月 之 未 經 審核 綜 合 管 理賬 目 之 初步 評 估 及 審 閱， 與 截 至 二零 二 四 年 六 月三 十 日 止 六 個月 本 公 司 擁有 ...

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7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: 築友智造科技集團有限公司 呈交日期: 2025年8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) | 00726 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 6,250,000,000 | HKD | | 0.4 HKD | | 2,500,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 6,250,000,000 | HKD | | 0.4 HKD | | 2,500,000,000 | 本月底法定/註冊股本總額： HKD ...

Company Overview - DIT Group Limited operates 19 self-operated prefabricated construction (PC) plants across China, positioning itself as a leader in the smart building sector[19]. - The Group's services currently cover projects with a total site area of approximately 6 million square meters in China[22]. - DIT Group Limited is recognized as the first listed company in the prefabricated construction industry, emphasizing its innovative high-tech enterprise status[19]. - The Group is dedicated to achieving industrialization, informationalization, and technologicalization in the construction sector during China's 10-year golden era of construction industrialization[21]. - The Company has established several smart production lines, leading the industry in terms of the number of such lines in China[22]. - DIT Group Limited focuses on providing green buildings and one-stop home solutions as part of its strategic mission[21]. Financial Performance - For the year ended December 31, 2024, the Group achieved sales revenue of approximately HK$374.0 million, a year-on-year decrease of approximately 56.9%[34]. - The gross profit totaled approximately HK$9.5 million, representing a year-on-year decrease of approximately 81.0%[34]. - The net loss attributable to the parent company reached HK$464.5 million[34]. - In 2024, the company's revenue decreased by 56.9% to HK$373,990,000, with a gross profit margin of 2.5%, down from 5.8% in 2023[56]. - The net loss for 2024 was HK$494,158,000, representing a 49.6% increase in losses compared to HK$330,234,000 in 2023[56]. - The total assets decreased by 13.3% to HK$5,489,993,000, while total liabilities decreased by 8.1% to HK$3,471,457,000[59]. - The Group's cash and cash equivalents decreased to approximately HK$6.4 million in 2024 from approximately HK$9.3 million in 2023, with a current ratio of 0.7[145]. - Borrowings decreased to approximately HK$1,679.7 million in 2024 from approximately HK$1,727.5 million in 2023, resulting in a net gearing ratio of 86.0%[145]. - The Group's interest payable increased to HK$61.97 million as of December 31, 2024, from HK$12.32 million in the previous year[156]. - The Board does not recommend any dividend payment for the year ended December 31, 2024, consistent with the previous year[158]. Market Position and Strategy - The Group's technologies and products have received wide recognition from clients, indicating strong market acceptance[22]. - The overseas business is expected to be a key growth driver, with significant increases in new contracts under the Belt and Road Initiative[62]. - The Group aims to strengthen its national sales network and factory layout to ensure production capacity and quality in 2025[48]. - The Group aims to increase project profit margins to 18% through the development of the "Hybrid Tower EPC" model in collaboration with partners like Goldwind, targeting the 60GW onshore wind power installation goal by 2025[91][94]. - The Group has been recognized as a top strategic supplier in the real estate industry for seven consecutive years, reflecting its strong market position[87]. Production and Capacity - The Group's production capacity includes 19 PC factories and one prefabricated interior industrial park with a total design capacity of 1.34 million cubic meters[41]. - The output and sales volume of PC units were approximately 145,000 cubic meters and 167,000 cubic meters respectively[41]. - The sales volume of precast concrete (PC) components was approximately 167,000 cubic meters, representing a year-on-year decrease of approximately 43.1%[73]. - The Group's PC factories had a designed production capacity of 1.34 million cubic meters as of December 31, 2024[73]. Innovation and Technology - The Company aims to transform traditional construction methods to a "precast components + on-site assembly" model, enhancing efficiency and sustainability in the construction industry[21]. - The Group's digital management system aims to achieve standardized design, factory manufacturing, and intelligent operation, reducing component production error rates to less than 0.5mm[110]. - The integration of BIM and ERP systems will empower data connectivity across the entire process of design, manufacturing, and construction, improving overall efficiency[111]. - The Group is committed to enhancing R&D in prefabricated building technologies, aiming for breakthroughs in lightweight non-stressed wall panels to improve green building standards[99][105]. - The RIFF system, a new prefabricated construction technology, has been patented and is expected to have significant market prospects and economic benefits[105][107]. Challenges and Future Outlook - The area of newly constructed prefabricated buildings in China amounted to approximately 750 million square meters, representing a year-on-year decrease of 1%[31]. - The construction area in the industry decreased by 10% in 2024, with the new housing construction area down by 23% to 740 million square meters[60]. - The Group plans to promote the digital system in the industry to serve domestic and overseas PC manufacturing plants, leading the transformation of digitization in the construction industry[112]. - The Group aims to explore collaboration opportunities with strategic investors to enhance operational efficiencies and support business expansion[152]. - The Group plans to launch an "old house renovation + prefabricated decoration" package, targeting a conversion rate of 5% among 400,000 property owners[97][100]. Legal and Compliance - As of December 31, 2024, the Group faced litigations totaling approximately RMB 573,612,000 (equivalent to HK$ 619,425,000), an increase from RMB 265,393,000 (equivalent to HK$ 292,863,000) in 2023[179]. - The Group's directors believe that no provision should be made for the estimated liabilities related to the ongoing litigations based on legal counsel advice[179]. - There were no material contingent liabilities reported by the Group as of December 31, 2024[176].

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 867,161,000, a decrease of 56.9% compared to HKD 373,990,000 in 2023[2] - Gross profit for the year ended December 31, 2024, was HKD 9,461,000, down 81.0% from HKD 49,872,000 in 2023[2] - The annual loss attributable to owners of the company was HKD 315,733,000, representing a 47.1% improvement from a loss of HKD 464,536,000 in 2023[2] - Operating loss for the year was HKD 406,502,000, compared to HKD 300,220,000 in the previous year[3] - Total comprehensive loss for the year amounted to HKD 539,149,000, compared to HKD 366,563,000 in 2023[5] - The company reported a loss of HKD 494,158,000 for the year ending December 31, 2024[13] - The group reported a comprehensive loss attributable to owners of HKD 464,536,000 for the year ended December 31, 2024, compared to a loss of HKD 315,733,000 in 2023[28] - Basic loss per share for the year was HKD 14.98, compared to HKD 10.18 in the previous year, reflecting a significant increase in losses[28] Assets and Liabilities - Non-current assets decreased to HKD 3,627,316,000 from HKD 3,995,766,000 in 2023[6] - Current assets decreased to HKD 1,862,677,000 from HKD 2,338,375,000 in 2023[6] - Total liabilities decreased to HKD 2,655,926,000 from HKD 2,838,569,000 in 2023[7] - The net asset value of the company was HKD 2,018,536,000, down from HKD 2,555,642,000 in 2023[7] - Current liabilities exceeded current assets by HKD 793,249,000 as of December 31, 2024[13] - The company's cash and cash equivalents were only HKD 6,435,000 against current borrowings of HKD 959,656,000 as of December 31, 2024[80] - The company defaulted on multiple bank loans totaling RMB 183,456,000 (equivalent to HKD 198,108,000) as of December 31, 2024[80] - There are ongoing lawsuits from suppliers and banks regarding overdue payables and borrowings amounting to RMB 573,612,000 (equivalent to HKD 619,425,000)[81] Revenue Breakdown - The group reported revenue from the sale of prefabricated building components of HKD 322,099,000 for the year ended December 31, 2024, a decrease of 52.2% from HKD 673,389,000 in 2023[20] - Revenue from decoration and landscaping services was HKD 34,441,000, down 78.9% from HKD 163,508,000 in the previous year[20] - For the fiscal year ending December 31, 2024, the company reported a revenue of approximately HKD 374.0 million, a decrease of about 56.9% year-over-year[37] - The group's revenue for the year ending December 31, 2024, was approximately HKD 374.0 million, a decrease of about 56.9% compared to HKD 867.2 million for the year ending December 31, 2023[61] Costs and Expenses - The group incurred a total financing cost of HKD 87,935,000, an increase of 34.1% compared to HKD 65,530,000 in 2023[21] - The sales cost for the year ending December 31, 2024, was approximately HKD 364.5 million, down from HKD 817.3 million in the previous year[62] - Other income decreased from approximately HKD 2.2 million in 2023 to about HKD 0.5 million in 2024, a decline of approximately HKD 1.7 million[64] - Other losses for the year ending December 31, 2024, amounted to approximately HKD 47.3 million, including losses from the sale of assets of about HKD 28.7 million[65] - Selling and distribution expenses for the year ending December 31, 2024, were approximately HKD 37.9 million, down from HKD 67.4 million in 2023[66] - Administrative expenses increased by 23.6% to approximately HKD 206.3 million from HKD 167.0 million in the previous year[67] - Financing costs for the year ending December 31, 2024, were approximately HKD 87.9 million, primarily due to interest expenses on borrowings[68] Strategic Initiatives - The group plans to continue measures to increase sales of prefabricated building components and accelerate the collection of trade receivables[17] - The group is negotiating with suppliers regarding overdue payables and is actively pursuing settlement arrangements[17] - The group aims to sell certain assets and investments at reasonable prices to generate cash inflow and alleviate liquidity pressure[17] - The group has successfully negotiated with lenders to avoid immediate repayment of overdue loans and is seeking additional financing sources as needed[18] - The company aims to enhance its profitability in the wind power sector, targeting a project profit margin of 18% through collaboration on "mixed tower EPC" models[45] - The company plans to reduce comprehensive costs by 20% through standardized product packages in industrial building projects, replicating successful delivery experiences[46] - The company targets a conversion rate of 5% for its "old house renovation + prefabricated decoration" package, leveraging 400,000 homeowner resources[47] - The company aims to increase capacity utilization to 80% by expanding into municipal pipeline networks and railway protection components[47] Market and Industry Insights - The construction area in the building industry reached 1.368 billion square meters in 2024, a decline of 10% year-over-year[35] - The new construction area for residential buildings was 513 million square meters, down 13.1% year-over-year[35] - The overseas business contracts signed by the company in 2024 amounted to HKD 359.7 billion, a year-over-year increase of 12.5%[36] - The company is focusing on low-rise technical products for international markets, particularly villas, and is exploring opportunities in Southeast Asia, including a 5 million unit housing demand in Indonesia[54][55] Technological Development - The company emphasizes technological innovation and plans to enhance R&D investment, focusing on prefabricated construction technologies to improve survival capabilities and drive new business expansion[48] - The company is developing a new type of large-span prestressed slab product and a high-efficiency assembly construction technology product (RIFF system), which has received national patent approval and shows significant economic benefits[49] - The company aims to apply "four new" technologies (new technology, new process, new materials, new equipment) in industrial construction and public construction sectors, enhancing industry development contributions[50] - The company has established a comprehensive digital management system, integrating technologies like BIM, cloud computing, and big data to improve construction quality, timelines, and costs[51] - The company is advancing the development of a smart construction platform and plans to market digital products, leveraging its leading position in digitalization[52] Corporate Governance - The audit committee reviewed the audited annual performance and confirmed compliance with relevant accounting standards[82] - The independent auditor's report confirmed that the financial statements reflect the group's financial position accurately as of December 31, 2024[79] - The company has adopted the standard rules for securities trading by directors as per the listing rules[75] - No significant events occurred after the year ending December 31, 2024[77] - The board does not recommend the distribution of any dividends for the years ended December 31, 2024, and 2023[70]

2024 Interim Report 2024 中期報告 股份代號: 726DIT Group Limited 築友智造科技集團有限公司 築友智造科技集團有限公司 (於百慕達註冊成立之有限公司) 中期報告 545 XFFICE 築友智选科技集團有限公司 • 二零二四年中期報告 公司資料 公司簡介 2 4 | --- | --- | --- | --- | --- | --- | --- | |--------------------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | 主席報告 | | | | | | 6 | | 管理層討論與分析 | | | | | | 9 | | 企業管治 | | | | | | 27 | | 一般資料 | | | | | | 28 | | 簡明綜合財務報表 | | | | | | | | 簡明綜合損益及其他全面收益表 ● | | | | | | 35 | | • 簡明綜合財務狀況表 | | | | | | 37 | | 簡明綜合權益變動表 • | | | | | | ...

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 對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。 DIT GROUP LIMITED 築友智造科技集團有限公司 （於 百 慕 達 註 冊 成 立 之 有 限 公 司） （股 份 代 號：726） 截至二零二四年六月三十日止六個月中期業績 築 友 智 造 科 技 集 團 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）公 佈 本 公 司 及 其 附 屬 公 司（「本集團」）截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月（「報 告期間」）之 未 經 審 核 簡 明 綜 合 業 績 連 同 二 零 二 三 年 同 期 之 比 較 數 字 如 下： – 1 – 簡明綜合損益及其他全面收益表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |---------------------------------------- ...

Business Operations - The Group operates 19 self-operated prefabricated construction (PC) plants and several franchisee-operated plants across China[20]. - The Group's services cover projects with a total site area of approximately 6 million square meters in China[24]. - The Group aims to transform traditional construction to a "precast components + on-site assembly" model, enhancing efficiency and sustainability[23]. - The Group is recognized as the industry leader in China for the number of smart production lines in the prefabricated construction sector[24]. - The Group's mission includes providing green buildings and one-stop home solutions, aligning with the construction industrialization opportunities in China[23]. - The Group is committed to creating a modernized operating platform for the construction industry, focusing on environmental friendliness and high efficiency[24]. - The Group is the first listed company in the prefabricated construction industry, highlighting its pioneering role in the market[20]. - The Group's technologies and products have received wide recognition from clients, indicating strong market acceptance[24]. - The Group's strategic presence aims to capitalize on the 10-year golden era of construction industrialization in China[23]. Financial Performance - For the year ended December 31, 2023, the Group achieved sales revenue of approximately HK$867 million, a year-on-year decrease of approximately 44.9%[38]. - The gross profit for the same period was approximately HK$50 million, reflecting a year-on-year decrease of approximately 81.0%[38]. - The net loss attributable to the parent company amounted to HK$316 million[38]. - The Group's revenue for 2023 was HK$867,161,000, a decrease of 44.9% compared to HK$1,573,662,000 in 2022[58]. - Gross profit fell to HK$49,872,000, down 81.0% from HK$261,934,000, resulting in a gross profit margin of 5.8%, down from 16.6%[58]. - The net loss for the year was HK$330,234,000, representing a 115.0% increase in losses compared to HK$153,575,000 in 2022[58]. - Total cash decreased by 57.7% to HK$34,007,000 from HK$80,371,000 in 2022[61]. - Total assets declined by 5.3% to HK$6,334,141,000 from HK$6,689,926,000[61]. Market and Industry Trends - The construction industry faced significant challenges, with total real estate investment in China dropping by approximately 9.6% to RMB11,091.3 billion in 2023[63]. - The gross new housing construction area fell by 20.4%, highlighting the downturn in the real estate market[63]. - The prefabricated construction industry is projected to account for 30% of new Gross Floor Area (GFA) by 2025 and 40% by 2030, as part of China's dual-carbon goals[96]. - The prefabricated construction industry is expected to benefit from China's commitment to achieve "carbon peaking" by 2030 and "carbon neutrality" by 2060, with prefabricated buildings projected to account for 30% of new construction area by 2025 and 40% by 2030[98]. - The demand for prefabricated construction is anticipated to grow due to government policies promoting affordable housing and urban renewal, enhancing market penetration opportunities for the Group[107]. Strategic Initiatives - The Group plans to leverage its technological advantages and respond to national policies to secure more high-quality orders in 2024[53]. - The implementation of the RIFF system in Henan is expected to enhance cost control and operational efficiency[53]. - The Group aims to maintain strategic focus and enhance core competitiveness to create more value for shareholders[53]. - The Group is actively pursuing market transformation and expansion into overseas markets, with new strategic cooperation agreements worth hundreds of millions of RMB[45]. - The Group aims to expand its business scale and quality by consolidating the entire industry chain of prefabricated construction, including PC components, landscaping, and decoration, to serve the full lifecycle of prefabricated buildings[102]. - The Group plans to innovate its business model by diversifying into new types of PC components, such as prefabricated culverts and wind power towers, to increase order types and third-party customers[103]. - The Group's strategy includes leveraging technological innovation to enter the industrial and public construction sectors, promoting the application of new technologies and materials[113]. Research and Development - The Group has established multiple smart manufacturing R&D platforms and holds the highest number of patents in the prefabricated construction industry[27]. - The Group's technological advancements have led to the Qijiang plant being rated as a national high-tech enterprise, enhancing its market position[47]. - The Group is focused on R&D in cutting-edge technologies for prefabricated construction, including the development of a new large-span prestressed iterative floor product and a hybrid connection product, which have already received national patents[108]. - The Group's independent R&D project on carbon emission reduction technology was included in the 2023 science and technology planning project of the Department of Housing and Urban-Rural Development of Henan Province[86]. - The Group's digital management system aims to integrate technologies like BIM, cloud computing, and big data to enhance the efficiency and quality of the entire prefabricated construction industry chain[114]. Human Resources and Leadership - As of December 31, 2023, the Group had a total of 493 employees, a decrease from 631 in 2022, with 489 based in Mainland China and 4 in Hong Kong[168]. - The company has a strong leadership team with diverse backgrounds in finance and management[199]. - The company emphasizes the importance of experienced leadership in driving its strategic initiatives[199]. - Ms. Wang Jing has over 30 years of extensive working experience in the real estate and pharmaceutical industries[194]. - Ms. Wang served as vice president of Central China Real Estate Group for 24 years, holding multiple key positions[194]. Financial Management - The Group does not recommend any dividend payment for the year ended December 31, 2023, consistent with the previous year[157]. - The Group had overdue payables claimed by suppliers amounting to approximately RMB 265,393,000 (equivalent to HK$ 292,863,000) as of December 31, 2023, an increase from RMB 130,122,000 (equivalent to HK$ 145,669,000) in 2022[179]. - The Group does not have any material contingent liabilities as of December 31, 2023[176]. - The Group has not used any derivative financial instruments to hedge foreign exchange risk, as it does not believe it has significant direct foreign exchange risk[160]. - The Group's financial statements are presented in Hong Kong dollars, while most transactions are settled in Renminbi, which is not freely convertible[160].