Financial Performance - For the six months ended June 30, 2025, the Group's turnover was RMB8,438.4 million, representing an increase of 11.9% compared to RMB7,542.9 million for the same period in 2024[14]. - Gross profit for the same period was RMB864.4 million, a decrease of 18.6% from RMB1,061.8 million in 2024[14]. - Profit for the period was RMB69.5 million, down 71.3% from RMB241.7 million in the previous year[14]. - Profit attributable to owners of the parent was approximately RMB93.7 million, a decline of 61.7% compared to RMB244.8 million in 2024[14]. - Basic earnings per share decreased to RMB0.07 from RMB0.18 in the prior year[16]. - The Group's revenue for the period reached RMB8,438.4 million, an increase of 11.9% compared to RMB7,542.9 million in the same period of 2024[61]. - Profit for the period was RMB69.5 million, a significant decrease from RMB241.7 million in the prior year, with profit attributable to owners of the parent at RMB93.7 million, down 61.7%[93]. - Basic and diluted earnings per share dropped to RMB0.07, compared to RMB0.18 and RMB0.17 for the six months ended June 30, 2024, primarily due to a lower gross profit margin[61]. - Total comprehensive income for the period was RMB94,931, down 59.3% from RMB233,041 in 2024[184]. Sales and Revenue Breakdown - The network power battery business accounted for 40.6% of total sales, generating RMB3,428.8 million, a 9.4% year-on-year growth[24]. - The sales revenue from the network energy battery business was RMB3,428.8 million, representing a year-on-year growth of 9.4% driven by increased demand from data centers[26]. - The SLI battery business recorded sales revenue of RMB3,115.3 million, a 9.6% increase year-on-year, primarily due to higher vehicle production in emerging markets[28]. - The motive power battery business saw a decline in sales revenue to RMB621.8 million, down 9.5% year-on-year, attributed to weak demand in Mainland China[29]. - The recycled lead business reported sales revenue of RMB1,089.5 million, a significant increase of 46.4% year-on-year, driven by strong sales efforts in Mainland China[32]. - Revenue from the power solutions business increased by 8.1% to RMB7,348.9 million, while revenue from the recycled lead business surged by 46.4% to RMB1,089.5 million[62]. - Sales revenue in Mainland China rose by 9.2% to RMB4,764.8 million, accounting for 56.5% of total revenue[69]. - Sales revenue in EMEA increased by 31.7% to RMB1,534.7 million, driven by strong demand for network power batteries[70]. - Revenue in the Americas grew by 4.7% to RMB1,412.4 million, supported by expansion in emerging markets, particularly Brazil[70]. Economic and Market Conditions - The overall economic environment remains unpredictable, influenced by structural issues and fiscal conditions across nations[23]. - The demand for lead-acid batteries in UPS applications is expected to grow significantly as global dependence on digital infrastructure expands[24]. - The International Energy Agency predicts that global electricity demand for data centers will double to approximately 945 terawatt-hours by 2030, accounting for about 3% of total global electricity consumption[33]. Strategic Initiatives and Future Plans - The Group plans to strengthen its presence in high-growth regions such as Southeast Asia, Africa, and South America to meet rising demand for SLI batteries[28]. - The Group is expected to achieve significant growth in performance due to increased energy storage demand and digital infrastructure upgrades[38]. - The advancement of clean energy technologies and the integration of renewable energy sources are expected to drive demand for efficient battery management systems[34]. - The Group aims to leverage its technological advantages to provide stable and efficient energy solutions, particularly in critical backup power systems[40]. - The Group is strategically increasing investment in high-end lead-acid battery business for data centers and communications, aiming to drive sustainable growth through technological iteration and market penetration[43]. - The after-sales channel market is identified as a key opportunity for growth, with a focus on full lifecycle service to enhance market competitiveness[45]. - The Group is developing smart energy storage solutions, integrating battery management systems and IoT technologies to deliver reliable lithium battery energy storage solutions[48]. - A new production base in Mexico is expected to commence in Q4 2023, enhancing service capabilities for the American market and ensuring close-range supply chain coverage[52]. - The Group plans to expand localized production in response to market feedback, aiming to support business growth in the Americas[57]. - The Group aims to create stable and growing returns for shareholders by expanding its product range through technological innovation[58]. - A proposed spin-off and separate listing of Leoch Energy Inc. is intended to unlock market value for both the spin-off group and the remaining group[59]. - The Group is conducting feasibility studies for capacity expansion in Mexico and local manufacturing in the U.S. to strengthen its supply chain and support business growth in the Americas[60]. Financial Position and Assets - As of June 30, 2025, the Group's net current assets were RMB640.3 million, down from RMB1,296.2 million at the end of 2024[99]. - The Group's gearing ratio improved slightly to 34.6% from 35.3% at the end of 2024, indicating a stable financial position[101]. - The group's bank borrowings stood at RMB5,342.0 million as of June 30, 2025, compared to RMB5,121.5 million as of December 31, 2024, with an interest rate range of 2.00% to 8.25%[104]. - Employee benefit expenses totaled RMB835.9 million for the period, up from RMB714.0 million for the six months ended June 30, 2024[113]. - The group had 17,957 employees as of June 30, 2025[113]. - The group maintains a healthy level of cash reserves and bank borrowings to ensure smooth business operations[105]. - The company's total equity as of June 30, 2025, was RMB5,044,478,000, an increase from RMB5,018,780,000 at the end of 2024[193]. - The retained profits increased to RMB2,687,860,000 as of June 30, 2025, compared to RMB2,685,523,000 at the end of 2024[193]. Governance and Compliance - The Company has confirmed compliance with the Model Code for Securities Transactions by Directors during the Period[160]. - The Board believes the Company has adhered to the Corporate Governance Code, with the exception of the chairman's absence at the annual general meeting due to other commitments[161]. - The Audit Committee, consisting of three independent non-executive Directors, reviewed the unaudited financial statements and discussed accounting principles and internal controls[165]. - The Company has maintained a high standard of corporate governance to safeguard shareholder interests and enhance corporate value[161]. - The independent review report was prepared by Ernst & Young, confirming the financial information's compliance with relevant standards[179]. Cash Flow and Investments - Cash generated from operations was RMB566,171,000, significantly improved from a cash used of RMB558,948,000 in the prior year[197]. - The net cash flows generated from operating activities amounted to RMB502,775,000, contrasting with a net cash outflow of RMB599,191,000 in 2024[197]. - Cash flows used in investing activities for the six months ended June 30, 2025, amounted to RMB707,639,000, an increase of 89.9% compared to RMB372,469,000 in 2024[199]. - The company reported a net decrease in cash and cash equivalents of RMB91,432,000 for the six months ended June 30, 2025, compared to a decrease of RMB705,575,000 in 2024[200]. - Cash and cash equivalents at the end of the period were RMB653,539,000, down from RMB856,868,000 in 2024, indicating a decline of 23.7%[200].

FF301 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) | 00842 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | 本月底法定/註冊股本總額： 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 截至月份: 2025年8月31日 狀態: 重新提交 致：香港交易及結算所有限公司 公司名稱: 理士國際技術有限公司 ...

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8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: 理士國際技術有限公司 （於開曼群島註冊成立的有限公司） 呈交日期: 2025年9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) | 00842 | 說明 | | | | | | | | | 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 | | | 1,432,609,357 | | 0 | | 1,432,609,357 | | 增加 / 減少 (-) | | | 127,000 | | | | | | 本月底結存 | | | 1,432,736,357 | | 0 | | 1,432,736,357 | 第 2 頁 共 10 頁 v 1.1.1 III ...

Core Viewpoint - The company reported a revenue increase of 11.9% in the first half of 2025, but experienced a significant decline in gross profit and net profit attributable to shareholders, indicating challenges in maintaining profitability despite revenue growth [1] Financial Performance - The company's revenue reached RMB 8.438 billion, reflecting an 11.9% year-on-year increase [1] - Gross profit decreased by 18.6% to RMB 864 million, resulting in a gross margin drop from 14.1% to 10.2% [1] - Net profit attributable to shareholders fell by 61.7% to RMB 93.7 million, with basic earnings per share at RMB 0.07 [1] Business Segments - Revenue from the power solutions business increased by 8.1% to RMB 7.349 billion [1] - Revenue from the lead recycling business surged by 46.4% to RMB 1.09 billion [1] Cost and Margin Challenges - The decline in gross margin for the power solutions business was primarily due to high import tariffs in the U.S., which affected higher-margin customers [1] - The lead recycling business faced margin pressure due to rising costs of waste batteries [1] - The production timeline for the Mexican plant has been delayed from Q2 2025 to Q4 2025, postponing the expected benefits of localized production to mitigate tariff-related cost pressures [1]

Group 1 - The core point of the article is that 理士国际 (00842) reported a mid-term performance for the six months ending June 30, 2025, showing a revenue of RMB 8.438 billion, which represents a year-on-year growth of 11.87% [1] - The net profit attributable to shareholders decreased to RMB 93.741 million, reflecting a significant decline of 61.71% compared to the previous year [1] - The earnings per share (EPS) for the company is reported at RMB 0.07 [1]

Core Viewpoint - The company reported a revenue of RMB 8.438 billion for the six months ending June 30, 2025, reflecting a year-on-year growth of 11.87%. However, the profit attributable to shareholders decreased by 61.71% to RMB 93.741 million, with earnings per share at RMB 0.07 [1] Financial Performance - Revenue for the period reached RMB 8.438 billion, marking an increase of 11.87% compared to the previous year [1] - Profit attributable to shareholders was RMB 93.741 million, which represents a significant decline of 61.71% year-on-year [1] - Earnings per share stood at RMB 0.07 [1]

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 8,438.4 million, an increase of 11.9% compared to RMB 7,542.9 million in the same period of 2024[2] - Gross profit decreased by 18.6% to RMB 864.4 million from RMB 1,061.8 million year-on-year[2] - Profit for the period dropped by 71.3% to RMB 69.5 million, down from RMB 241.7 million in the previous year[2] - Earnings attributable to equity holders of the parent decreased by 61.7% to RMB 93.7 million, compared to RMB 244.8 million in the prior year[2] - Basic earnings per share fell to RMB 0.07 from RMB 0.18 year-on-year[2] - The pre-tax profit for the six months ended June 30, 2025, was RMB 93,741,000, a decrease of 61.5% compared to RMB 244,819,000 for the same period in 2024[25] - Net profit for the period was RMB 69.5 million, a significant decrease from RMB 241.7 million in the previous year[75] Revenue Breakdown - Revenue from the power solutions business was RMB 7,348,891, up 8.1% from RMB 6,798,509 in the previous year[15] - Revenue from the lead recycling business increased significantly to RMB 1,089,473, a rise of 46.3% compared to RMB 744,404 in 2024[15] - Revenue from mainland China accounted for RMB 4,764,820, representing a growth of 9.2% from RMB 4,363,895 in the prior year[16] - The network battery business accounted for 40.6% of total sales, generating revenue of RMB 3,428.8 million, a year-on-year increase of 9.4% driven by rising demand for UPS batteries in data centers[45] - The starting battery segment contributed 36.9% to total sales with revenue of RMB 3,115.3 million, reflecting a 9.6% increase due to higher automotive production, particularly in emerging markets[46] - The power battery business represented 7.4% of total sales, with revenue of RMB 621.8 million, down 9.5% year-on-year due to weak demand in the mainland China market[47] - Sales revenue in mainland China rose by 9.2% to RMB 4,764.8 million, accounting for 56.5% of total revenue[61] Assets and Liabilities - Total assets as of June 30, 2025, amounted to RMB 11,743.4 million, up from RMB 10,718.7 million at the end of 2024[7] - Current liabilities increased to RMB 9,086.2 million from RMB 8,027.8 million at the end of 2024[8] - Non-current liabilities decreased to RMB 1,294.7 million from RMB 1,477.4 million at the end of 2024[8] - Non-current assets totaled RMB 5,237,500, an increase from RMB 4,800,822 as of December 31, 2024[17] - The total amount of bank borrowings and advances as of June 30, 2025, was RMB 5,341,959,000, up from RMB 5,121,531,000 as of December 31, 2024, marking an increase of about 4.3%[39] Cash Flow and Investments - Cash and cash equivalents decreased to RMB 653,539,000 as of June 30, 2025, down from RMB 743,975,000 as of December 31, 2024, reflecting a decline of about 12.1%[35] - The group’s cash and bank balances decreased to RMB 1,275,391,000 as of June 30, 2025, from RMB 1,406,003,000 as of December 31, 2024, a decline of approximately 9.3%[35] - The group had capital commitments totaling RMB 314,726,000 as of June 30, 2025, compared to RMB 210,204,000 as of December 31, 2024, representing a significant increase of approximately 49.7%[40] Research and Development - Research and development costs were RMB 150.1 million, down from RMB 181.5 million in the previous year[4] - Research and development expenses decreased by 17.3% to RMB 150.1 million, as most of the expenses related to new product development were capitalized during the period[70] - The company is committed to increasing R&D investment to develop a diversified product matrix centered on lithium battery technology, including lead-carbon and sodium-ion batteries[54] Corporate Governance and Management - The company is committed to maintaining high standards of corporate governance, having complied with most of the corporate governance code provisions, except for the absence of the chairman at the annual general meeting due to other commitments[86] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial statements and discussed accounting principles and internal controls with management[88] - The board expressed gratitude to shareholders, customers, suppliers, and employees for their continued support[90] Market and Strategic Focus - The company aims to enhance its core competitiveness in energy storage and power solutions, focusing on high-performance communication networks and robust data processing capabilities[50] - The company plans to strategically increase its focus on high-end lead-acid battery business for data centers and telecommunications to drive sustainable growth[51] - The after-sales channel market is identified as a key opportunity for growth, emphasizing the importance of full lifecycle service and optimizing supply chain responsiveness[52] - The company is optimizing its global supply chain management through SAP to enhance local operational capabilities in North America[55] - A new production base in Mexico is expected to start operations in Q4 2023 to enhance service capabilities for North American customers[55] - The company plans to spin off its subsidiary Leoch Energy Inc. for a separate listing in the U.S. by February 2025, aiming to enhance the market value of both the spun-off and retained groups[57] Other Financial Metrics - The total financial costs decreased to RMB 153,745,000 in 2025 from RMB 160,085,000 in 2024, reflecting a reduction of 4.3%[23] - The income tax expense for the period was RMB 47,059,000, which is an increase of 93.5% compared to RMB 24,302,000 in 2024[24] - The company did not declare an interim dividend for the current period, compared to a dividend of 4 HK cents per share in the previous year[2] - The company did not engage in any significant acquisitions or disposals during the period[83] - The company and its subsidiaries did not purchase, sell, or redeem any listed securities during the period, and held no treasury shares as of June 30, 2025[89]

Financial Results - The board meeting for Leoch International Technology Limited is scheduled for August 29, 2025, to consider and approve the unaudited interim results for the six months ending June 30, 2025[2] - The weighted average closing price of the company's shares prior to the exercise of stock options for the fiscal year ending December 31, 2024, was HKD 1.51 per share[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，概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Leoch International Technology Limited 理士國際技術有限公司 （於開曼群島註冊成立的有限公司） （股份代號：842） 持續關連交易︰ 生產設施主購買協議 茲提述本公司日期為二零二四年十二月十二日的公告，內容有關購買生產設施的 二零二四年購買協議。 本集團於過往訂立二零二四年購買協議，以向廣東瑪西爾（一間由深圳瑪西爾全 資擁有的公司，而深圳瑪西爾則由董博士及其胞兄間接擁有約98.55%權益）採購若 干生產設施。鑑於本集團業務營運持續增長，加上本集團有意於境內及境外興建 工廠，需要額外的生產設施以滿足營運所需，董事會認為，與董博士訂立框架協議 而非再訂立一份一次過購買協議，確保以具競爭力的條款獲得穩定的生產設施供 應，符合商業利益。 由於上市規則項下根據(i)主購買協議年度上限最高金額；及(ii)二零二四年購買協 議與主購買協議按合併基準計算的最高適用百分比率（僅就截至 ...

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: 理士國際技術有限公司 （於開曼群島註冊成立的有限公司） 呈交日期: 2025年8月6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) | 00842 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | ...