公告称，预期扭亏为盈的主要原因为：(i)公司积极优化其现有产品线及客户结构，聚焦核心产品与重点 客户，以此削减对应的开发、销售、运营成本;(ii)公司通过AI技术赋能进一步提升经营效率，人均产出 同比大幅提升;及(iii)报告期内受美元兑港币升值影响导致的外汇收益增加。 明源云(00909)发布公告，集团预期于截至2025年6月30日止六个月将取得于约人民币1209万元至人民币 1541万元之间的股东应占利润净额。相比之下，集团于去年同期取得股东应占亏损净额约人民币1.15亿 元。 ...

Core Viewpoint - Mingyuan Cloud (00909) is expected to achieve a net profit attributable to shareholders ranging from approximately RMB 12.09 million to RMB 15.41 million for the six months ending June 30, 2025, marking a turnaround from a net loss of approximately RMB 115 million in the same period last year [1] Group 1 - The anticipated turnaround to profitability is primarily due to the company's active optimization of its existing product line and customer structure, focusing on core products and key customers to reduce corresponding development, sales, and operational costs [1] - The company has enhanced operational efficiency through AI technology, significantly increasing output per employee year-on-year [1] - The reporting period also benefited from increased foreign exchange gains due to the appreciation of the US dollar against the Hong Kong dollar [1]

本公告乃由明源雲集團控股有限公司（「本公司」，連同其附屬公司及併表聯屬實 體，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章證券及期貨條例第XIVA部的內幕消息條文（定義 見上市規則）作出。 本公司董事（「董事」）會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資 者，根據對本集團截至二零二五年六月三十日止六個月（「報告期」）之未經審核綜 合管理賬目作出之初步審閱及分析以及董事會目前所得資料，本集團預期於報告 期將錄得介乎於約人民幣12.09百萬元至人民幣15.41百萬元之間的股東應佔利潤 淨額。相比之下，本集團於去年同期錄得股東應佔虧損淨額約人民幣115.37百萬 元。 預期扭虧為盈之主要原因為： 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依 賴該等內容而引致的任何損失承擔任何責任。 Ming Yuan Cloud Group Holdings Limited 明源雲集團控股有限公司 （於開曼群島註冊成立的有限 ...

格隆汇8月6日丨明源云(00909.HK)发布公告，2025年8月6日，公司注销918.2万股回购的股份。 ...

智通财经APP讯，明源云(00909)发布公告，于2025年8月6日注销已回购股份合共918.2万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 明源雲集團控股有限公司 呈交日期： 2025年8月6日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 確認 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們所知所信，第一章節所述的每項股份發行或庫存股份出售或轉讓已獲發行人董事會正式授權批准，並遵 照所有適用上市規則、法律及其他監管規定進行，並在適用的情況下： (註7) (i) 上市發行人已收取其在是次股份發行或庫存股份出售或轉讓應得的全部款項； (viii) 有關債券、借貸股份、票據或公司債券的信託契約/平邊契據經已製備及簽署，有關詳情已送呈公司註冊處處長存檔（如法律如此規定）。 第一章節註釋： 若股份曾以超過一個每股價格發行/出售/購 ...

Core Viewpoint - The real estate industry is currently in a relatively smooth adjustment phase, with a significant decline in contract amounts affecting revenue expectations for the first half of 2025, leading to an anticipated revenue drop of 14.8% year-on-year to 610 million RMB [1] Revenue Performance - In 2024, the company's revenue was 1.435 billion RMB, a year-on-year decline of 12.5%, with an adjusted net loss of 40 million RMB, an improvement from a loss of 170 million RMB in 2023, primarily due to a substantial reduction in expenses [2] - Total expenses for 2024 were 1.484 billion RMB, down 28.8% year-on-year, with sales, management, and R&D expenses decreasing by 17.8%, 53.0%, and 25.0% respectively [2] - The workforce has been reduced from 4,247 in 2021 to 1,912 by the end of 2024, with further reductions expected to 1,600-1,700 by mid-2025 [2] Business Line Performance - Customer relationship management revenue was 859 million RMB, down 9.2% year-on-year, with cloud customer revenue at 810 million RMB, a decline of 6.6% [2] - Project construction revenue decreased by 20.7% to 124 million RMB [2] - Asset management and operations revenue grew by 14.2% to 100 million RMB, driven by local city investment companies focusing on revitalizing existing real estate for operational gains [2] - Revenue from the Tianji PaaS platform fell by 24.6% to 112 million RMB, significantly impacted by reduced demand from residential developers [2] AI Product Development - The company has deepened its AI product matrix, with expected contract amounts for AI products in 2025 potentially exceeding expectations, aiming for 30 million RMB in the first half and 60 million RMB for the entire year [3] - In 2024, the cumulative contract amount for cloud customer AI products reached approximately 28 million RMB, covering around 1,000 real estate projects [3] - The integration of the DeepSeek large model into the company's AI digital marketing products has been successful, with applications in over 2,500 projects across three industries, achieving a daily inference volume exceeding 120,000 [3] Profit Forecast and Valuation - Revenue forecasts for 2025-2026 have been revised down to 1.29 billion RMB and 1.24 billion RMB respectively, with a new forecast for 2027 at 1.25 billion RMB [4] - Non-GAAP net profit predictions for 2025-2026 are maintained at 57 million RMB and 108 million RMB, with a new forecast for 2027 at 175 million RMB [4]

光大证券报告预测，明源云在2025年上半年的收入预计将因2024年下半年签约项目金额下降而同比下滑 14.8%，总收入预计为6.1亿元人民币。其中，本地化部署软件及服务收入预计下滑超过20%，云服务收 入预计下降13%至5.3亿元。然而，公司通过持续降本增效，经调整净利润有望在上半年转正。报告同 时看好公司AI产品的商业化进展，预计2025年AI产品签约金额将达到6000万元。维持"增持"评级。 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The real estate industry is in a relatively smooth adjustment phase, with a significant decline in the company's contracted project amounts in 24H2, leading to a forecasted revenue drop of 14.8% year-on-year for 1H25, amounting to 610 million RMB [1] - The company is focusing on the commercialization of AI products, with expectations for AI product contract amounts in 2025 to exceed previous estimates, potentially reaching 60 million RMB [3] - The company has implemented strong cost control measures, which are expected to accelerate the path to breakeven, despite a downward revision of revenue forecasts for 2025-2026 [4] Revenue Performance - In 2024, the company reported a revenue of 1.435 billion RMB, a year-on-year decline of 12.5%, with an adjusted net loss of 40 million RMB, an improvement from a loss of 170 million RMB in 2023 [2] - The breakdown of revenue shows a decline in customer relationship management revenue by 9.2% to 859 million RMB, while asset management and operations revenue grew by 14.2% to 100 million RMB [2] AI Product Development - The company has launched multiple AI+ marketing products, with a total contract amount of approximately 28 million RMB for AI products in 2024, covering around 1,000 real estate projects [3] - The integration of the DeepSeek large model into the company's AI digital marketing products has been successful, with daily inference usage exceeding 120,000 [3] Financial Forecasts - The revenue forecasts for 2025 and 2026 have been revised down to 1.291 billion RMB and 1.243 billion RMB respectively, with a new forecast for 2027 set at 1.25 billion RMB [4] - Non-GAAP net profit forecasts for 2025 and 2026 are maintained at 57 million RMB and 108 million RMB respectively, with a new forecast for 2027 at 175 million RMB [4]

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 FF301 本月底法定/註冊股本總額： HKD 380,000 第 1 頁 共 10 頁 v 1.1.1 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: 明源雲集團控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年8月1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) | 00909 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,800,000,000 | HKD | | 0.0001 HKD | | 380,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,80 ...