Core Viewpoint - Gaoyang Technology (00818) reported an operating loss of approximately HKD 240 million for the 11 months ending November 30, 2025, a significant decline from an operating profit of approximately HKD 106.5 million for the same period ending November 30, 2024 [1] Financial Performance - The operating loss for the 11 months ending November 30, 2025, is primarily attributed to: - Non-cash share option expenses of approximately HKD 198.6 million related to share options granted by a subsidiary in March 2025 [1] - Absence of approximately HKD 88.4 million in gains from the sale of subsidiaries [1] - Increased resource allocation to overseas and cross-border operations, alongside the traditional payment market being further replaced by digital payments [1] Future Outlook - The group anticipates an operating loss for the fiscal year ending December 31, 2025, compared to an operating profit of approximately HKD 99.8 million for the fiscal year ending December 31, 2024 [1] - The company believes that this strategic adjustment will lay a more solid foundation for long-term development [1]

Core Viewpoint - Gaoyang Technology (00818) reported an operating loss of approximately HKD 240 million for the 11 months ending November 30, 2025, compared to an operating profit of approximately HKD 106.5 million for the same period ending November 30, 2024 [1] Financial Performance - The operating loss for the 11 months ending November 30, 2025, is primarily attributed to: - Non-cash stock option expenses of approximately HKD 198.6 million recognized in the payment and digital services category due to stock options granted by a subsidiary in March 2025 [1] - Absence of approximately HKD 88.4 million in gains from the sale of a subsidiary [1] - Increased resource allocation to overseas and cross-border operations as traditional payment markets are further replaced by digital payments [1] Future Outlook - The group anticipates an operating loss for the year ending December 31, 2025, in contrast to an operating profit of approximately HKD 99.8 million for the year ending December 31, 2024 [1] - The company believes that this strategic adjustment will lay a more solid foundation for long-term development [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。 HI SUN TECHNOLOGY (CHINA) LIMITED 高陽科技（中國）有限公司* (incorporated in Bermuda with limited liability) (Stock Code: 818) 根據 目 前所 得 資料，董 事會 謹 此知 會 本公 司 股東 及 潛在 投資 者，本 集團 預 期於 二 零 二 五 年 年 度 錄 得 經營虧損, 相 較 於 二 零 二 四 年 年 度 錄 得 之 經 營 溢 利 約 99,800,000港 元。 載於本公佈之資料僅根據本集團 截至二零二五 年 十一月三十日止十一個月 之 未經審核管理賬目 (未經本公司核數師審核或審閱 )及本集團目前所得之其他 資料 而 作出。董 事會 預期 本 集團 二 零二 五年 年 度之 經 審核 綜合 業 績公 佈 將於 二 零二 六 年三 月 刊發 。 本 公 司 之 股 東及 潛在 投 資 ...

FF301 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 第 2 頁 共 10 頁 v 1.1.1 公司名稱: 高陽科技(中國)有限公司（於百慕達註冊成立之有限公司） 呈交日期: 2026年1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) | 00818 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.0025 | HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | ...

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，概不對因本公佈全部或任何 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。 本公司董事會（「董事會」）正審閱建議事項及擬議交易。於本公佈日期，本公司尚未 就建議事項及擬議交易與買方集團或Cloopen達成或簽署任何協議。 * 僅供識別 1 HI SUN TECHNOLOGY (CHINA) LIMITED 高陽科 技（中 國）有限公 司 * （於百慕達註冊成立之有限公 司） （股份代 號：818） 有關於CLOOPEN之投資之更新資料 高陽科技（中國）有限公司（「本公司」，連同其附屬公司統稱「本集團」）注意到， Cloopen Group Holding Limited（「Cloopen」）於二零二五年十二月二十四日（紐約時 間）宣佈，其董事會已自Cloopen創始人兼首席執行官Changxun Sun先生及Trustbridge Partners VII, L.P.（統稱「買方集團」）收到，日期為二零二五年十二月二十二日之初步 非約束性建議函（「建議事項」），建議收購Cloo ...

Core Viewpoint - Gaoyang Technology (00818.HK) has announced the establishment of a second phase of its asset-backed special plan, with a total issuance scale of RMB 151 million, aimed at supporting its fintech business operations [1]. Group 1 - The total issuance scale of the asset-backed securities is RMB 151 million [1]. - The proceeds from the issuance will primarily be used as general operating funds for the company's fintech business segment [1].

Core Viewpoint - Gaoyang Technology (00818) plans to issue asset-backed securities totaling RMB 151 million to enhance its financing structure and support its fintech operations [1] Group 1: Issuance Details - The asset-backed securities issuance consists of a priority tranche of RMB 127 million and a subordinated tranche of RMB 24 million [1] - The issuance is part of the second phase of a dedicated asset-backed securities program, officially established on December 16, 2025 [1] Group 2: Purpose and Benefits - Proceeds from the asset-backed securities will primarily be used as general working capital for the company's fintech business [1] - The board believes that issuing these securities will effectively broaden the company's financing channels and secure low-cost funding, thereby optimizing the financing structure and promoting operational activities and investment layout [1]

Core Viewpoint - Gaoyang Technology (00818) has officially established the second phase of its asset-backed special plan on December 16, 2025, with a total issuance scale of RMB 151 million [1] Summary by Categories Issuance Details - The issuance scale of priority asset-backed securities is RMB 127 million, while the issuance scale of subordinated asset-backed securities is RMB 24 million [1] Purpose of Funds - The proceeds from the issuance of asset-backed securities will primarily be used as general working capital for the group's fintech business classification [1] Strategic Implications - The board believes that issuing asset-backed securities through the special plan can effectively broaden the group's financing channels, acquire low-cost funds, optimize the company's financing structure, and promote operational activities and investment layout [1]

高陽科 技（中 國）有限公 司 * （於百慕達註冊成立之有限公 司） （股份代 號：818） 自願公佈 發行資產支持證券（第二期） 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，概不對因本公佈全部或任何 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。 HI SUN TECHNOLOGY (CHINA) LIMITED * 僅供識別 1 優先級資產支持證券將於上海證券交易所掛牌，發行予中國境內合資格機構投資 者，次優先級資產支持證券發行予融匯智達保理或其指定聯屬公司。 董事會謹此自願刊發本公佈，以知會股東有關本集團的近期發展。 資產支持專項計劃 茲提述本公司日期為二零二五年四月十六日之公佈，內容有關隨信雲鏈-E信供應鏈 金融資產支持專項計劃（「資產支持專項計劃」）及於中國境內發行以通過合同約定以 電子債權憑證作為清償方式的保理融資債權支持的資產支持證券。 董事會欣然宣佈，於二零二五年十二月十六日正式設立資產支持專項計劃二期，總 發行規模人民幣151,000,000元。 資產支持證券按風險、收益及年期分為優先級與次優先級。優 ...

Group 1 - The core announcement is that Gaoyang Technology (00818) has adopted stock option plans for its subsidiaries, Jiexing Holdings and Resto, on December 12, 2025 [1] - Jiexing Holdings, which is indirectly 80.04% owned by the company, will grant a total of 2.701 million stock options to its grantees [1] - Resto, which is indirectly 68.034% owned by the company, will grant a total of 2.74085 million stock options to its grantees [1]