致：香港交易及結算所有限公司 公司名稱: 環球實業科技控股有限公司 呈交日期: 2025年11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) | 01026 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | 本月底法定/註冊股本總額： HKD 200,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市 ...

UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環球實業科技控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (Stock Code 股份代號: 1026) By Order of the Board of Director Universal Technologies Holdings Limited Chen Jinyang Chairman and Chief Executive Officer Note: Actionable Corporate Communication is any corporate communication that seeks instructions from issuer's securities holders on how they wish to exercise their rights or make an election as the issuer's securities holders. N O T I ...

Dear non-registered shareholder(s), Universal Technologies Holdings Limited (the "Company") - Notice of Publication of 2024/25 Annual Report (the "Current Corporate Communications") The Current Corporate Communications of the Company has been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexnews.hk and the Company's website at www.uth.com.hk. If you have any difficulty in receiving or gaining access to the Current Corp ...

Financial Performance - For the eighteen months ending June 30, 2025, the company's revenue was approximately HKD 451.30 million, an increase of 41.41% or HKD 132.15 million compared to the previous fiscal year[4] - The net loss attributable to shareholders for the same period was approximately HKD 161.36 million, an increase of HKD 24.02 million from the previous year's loss of HKD 137.34 million[4] - Basic and diluted loss per share for the eighteen months was HKD 2.93, compared to HKD 2.49 for the previous fiscal year[4] - The cost of revenue for the eighteen months was approximately HKD 478.06 million, an increase of HKD 176.69 million from the previous fiscal year[15] - Other income and net gains amounted to HKD 9,115,000, reflecting an increase of HKD 6,457,000 due to higher interest income from banks and independent third parties[19] - General and administrative expenses rose to HKD 112,915,000, a significant increase of 66.33% compared to the previous fiscal year, driven by higher employee costs and foreign exchange losses[21] - Financial expenses increased by 21.61% to HKD 59,100,000, primarily due to rising interest rates on bank loans[23] Revenue Segments - Revenue from the water supply and related services was approximately HKD 415.70 million, a 39.46% increase from the previous fiscal year[9] - The property investment and development segment recorded revenue of approximately HKD 35.30 million, reflecting an increase due to improved market conditions[9] - The financial services segment generated revenue of approximately HKD 307,000, an increase of about HKD 48,000 or 18.53% due to higher consulting fees and commissions[51] Dividends and Shareholder Returns - The company did not recommend any final dividend for the eighteen months ending June 30, 2025, consistent with the previous fiscal year[4] - The company has adopted a dividend policy that allows for the declaration and distribution of dividends, contingent upon achieving post-tax profits and not affecting normal operations[134] Strategic Plans and Investments - The company plans to explore potential property projects and investment opportunities in China and overseas to enhance market competitiveness and diversify income sources[11] - The group intends to acquire retail and commercial properties in Guangzhou, with indicative costs not exceeding RMB 260 million (approximately HKD 285.71 million)[56] - The company has signed a non-binding memorandum of understanding to acquire controlling interests in properties in China for a indicative price of no less than RMB 300 million (approximately HKD 334.34 million), with a refundable earnest money of RMB 150 million (approximately HKD 167.17 million) already paid[59] Legal and Compliance Matters - The company has been ordered by the court to pay water fees totaling RMB 153,107,350, which includes amounts of RMB 35,526,147, RMB 40,561,779, and RMB 77,039,424, plus overdue interest calculated at the one-year loan market quoted rate[70] - The company is seeking legal advice regarding the reasonableness of the water fee charges, interest rates, and the calculation period for overdue interest[70] - The company has made provisions in its consolidated financial statements based on its estimated water supply costs to address ongoing disputes and litigation[69] Corporate Governance - The company emphasizes the importance of corporate governance to enhance shareholder value and protect stakeholder interests[87] - The company has adopted the corporate governance code principles and has complied with applicable code provisions, with some deviations noted[88] - The board consists of seven directors, including three executive directors and three independent non-executive directors, ensuring compliance with listing rules regarding independence[91] - The board held nine meetings during the reporting period, with all directors actively participating, demonstrating strong governance practices[98] - The company has implemented a continuous professional development program for all directors to ensure they remain updated on regulatory changes and corporate governance practices[101] Risk Management - The board is responsible for maintaining effective risk management and internal control systems, with annual reviews conducted[124] - The company has implemented a three-tier risk management approach to identify, assess, and manage significant risks[124] - The effectiveness of the company's risk management and internal control systems has been reviewed prior to the report date[125] Environmental Sustainability - The company aims to achieve a 10% reduction in greenhouse gas emissions, energy consumption, and waste generation intensity over a ten-year period[155] - The company has established a risk management framework to systematically address climate-related transition risks, with a dedicated working group overseeing climate action measures[155] - The group aims to reduce overall emission intensity by 10% over ten years, with a 2021 baseline of 1.15 tons of CO2 equivalent per hectare, achieving 0.69 in 2023[177] - The total waste generation intensity target is also a 10% reduction over ten years, with a baseline of 15.41 kg per hectare, showing a performance of 15.26 kg in 2023[177] Employee and Diversity Initiatives - The company employs 412 staff members as of June 30, 2025, and continues to provide comprehensive welfare benefits[164] - The employee gender ratio as of June 30, 2025, is 86% male to 14% female, indicating a focus on diversity in hiring practices[116] - The board currently consists of seven members, including two female directors, reflecting a commitment to gender diversity[115] Community Engagement - The company actively engages with stakeholders through regular meetings and community outreach to gather feedback and address concerns[167] - The company promotes effective communication with shareholders and encourages active engagement through its shareholder communication policy[142]

Group 1 - The stock of Daosheng Tianhe opened with a surge of over 314% and reached a peak increase of over 400%, currently trading at 28.7 yuan per share, reflecting a nearly 380% rise [1] - Daosheng Tianhe is a national high-tech enterprise focused on the research, production, and sales of new materials, primarily involving epoxy resins, polyurethanes, acrylics, and organic silicon [3] - The company has developed three main product series: materials for wind turbine blades, resins for new composite materials, and adhesives for new energy vehicles and industrial applications [3] Group 2 - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 is reported as 3.436 billion yuan, 3.202 billion yuan, 3.238 billion yuan, and 1.785 billion yuan respectively [3] - The net profit for the same periods is reported as 108 million yuan, 152 million yuan, 155 million yuan, and 85 million yuan respectively [3]

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 環球實業科技控股有限公司 呈交日期: 2025年10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) | 01026 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.01 | HKD | | 200,000,000 | 本月底 ...

Core Viewpoint - Global Industrial Technology (01026) reported a revenue of HKD 451 million for the 18-month period ending June 30, 2025, with a loss attributable to shareholders of HKD 161 million, resulting in a loss per share of HKD 0.0293 [1] Group 1: Financial Performance - The company's revenue increased primarily due to the growth in income from its water supply business and rental income from commercial properties in China [1]

Core Viewpoint - The company reported a revenue of HKD 451 million for the 18-month period ending June 30, 2025, but incurred a loss attributable to shareholders of HKD 161 million, translating to a loss of HKD 0.0293 per share [1] Revenue Breakdown - The increase in revenue is primarily attributed to the growth in the company's water supply business and the rental income from commercial properties in China [1]

Financial Performance - Revenue for the eighteen months ended June 30, 2025, was HKD 451.30 million, an increase of HKD 132.15 million or 41.41% compared to HKD 319.15 million for the year ended December 31, 2023[3]. - Net loss attributable to shareholders for the eighteen months ended June 30, 2025, was HKD 161.36 million, an increase of HKD 24.02 million compared to HKD 137.34 million for the year ended December 31, 2023[3]. - Basic and diluted loss per share for the eighteen months ended June 30, 2025, was HKD 2.93, compared to HKD 2.49 for the year ended December 31, 2023[3]. - Total comprehensive loss for the eighteen months ended June 30, 2025, was HKD 279.26 million, compared to HKD 189.42 million for the year ended December 31, 2023[5]. - The group reported a total loss of approximately HKD 259,384,000 for the eighteen-month period ending June 30, 2025, with a total loss amounting to HKD 26,763,000[16]. - The net loss before tax for the eighteen months ended June 30, 2025, was HKD 262,061,000, compared to a loss of HKD 205,459,000 for the year ended December 31, 2023, indicating an increase in losses of about 27.5%[32]. - The company reported a net loss attributable to shareholders of HKD 161,361,000 for the year ended December 31, 2023, compared to a loss of HKD 137,336,000 for the previous year, indicating a worsening of approximately 17.5%[32]. - The group recorded a net loss attributable to shareholders of approximately HKD 161,360,000, an increase of about HKD 24,024,000 or 17.49% compared to the previous fiscal year, primarily due to increased sales costs and operating expenses[85]. Revenue Sources - The increase in revenue was primarily due to higher income from the water supply business and rental income from commercial properties in China[3]. - Revenue from water supply and related services increased to HKD 398,390,000 for the eighteen-month period ending June 30, 2025, compared to HKD 286,829,000 for the year ending December 31, 2023, representing a growth of approximately 38.8%[19]. - The group generated revenue from property management and leasing services amounting to HKD 35,295,000 for the eighteen-month period ending June 30, 2025, compared to HKD 22,776,000 for the year ending December 31, 2023[19]. - Total revenue for the reporting segments reached HKD 451,301,000 for the eighteen months ended June 30, 2025, compared to HKD 319,147,000 for the year ended December 31, 2023, representing a growth of approximately 41.3%[32]. - Revenue from water supply and related services was approximately HKD 415,699,000, up 39.46% or about HKD 117,620,000 from the previous fiscal year, driven by increased installation, construction, and maintenance income[84]. - The property investment and development segment recorded revenue of approximately HKD 35,295,000, an increase of about HKD 14,486,000, attributed to market recovery and improved consumer confidence[84]. - The financial services segment reported revenue of approximately HKD 307,000, a decrease of about HKD 48,000 or 18.53% due to enhanced credit monitoring for margin clients[85]. Assets and Liabilities - Non-current assets as of June 30, 2025, totaled HKD 1,393.90 million, a decrease from HKD 1,517.09 million as of December 31, 2023[6]. - Current liabilities as of June 30, 2025, were HKD 872.00 million, compared to HKD 785.10 million as of December 31, 2023[7]. - Net assets as of June 30, 2025, were HKD 329.79 million, down from HKD 613.51 million as of December 31, 2023[7]. - The total assets of the company as of June 30, 2025, amounted to HKD 1,903,138,000, a decrease from HKD 2,042,382,000 as of December 31, 2023[34]. - The total liabilities increased to HKD 1,573,347,000 as of June 30, 2025, from HKD 1,428,869,000 as of December 31, 2023[34]. - Total liabilities to total assets ratio increased to 83% as of June 30, 2025, compared to 69% as of December 31, 2023[82]. Cash Flow and Financing - The group’s cash and bank balances were approximately HKD 168,873,000, with total current liabilities netting around HKD 362,769,000 as of June 30, 2025[46]. - The group is currently implementing plans to alleviate liquidity issues and improve financial conditions, with ongoing negotiations with banks and suppliers[46]. - The group has unutilized bank financing of approximately HKD 379,370,000 as of June 30, 2025, and expects to renew all bank financing upon maturity[18]. - The group’s cash flow from operations is deemed sufficient to meet foreseeable expenses, but additional debt or equity financing may be required for large-scale expansions or acquisitions[83]. - The group’s bank borrowings decreased from HKD 866,798,000 as of December 31, 2023, to HKD 742,361,000 by June 30, 2025, primarily due to loan repayments during the fiscal period[74]. Cost and Expenses - The company experienced increased sales costs and operating expenses, contributing to the rise in net loss[3]. - Cost of revenue for the eighteen months was approximately HKD 478,064,000, an increase of about HKD 176,688,000 compared to the previous fiscal year[51]. - General and administrative expenses increased by 66.33% to HKD 112,915,000, driven by higher employee costs and foreign exchange losses[57]. - Financial expenses rose by 21.61% to HKD 59,100,000, primarily due to increased interest rates on bank loans[59]. - Employee costs, including directors' remuneration, totaled HKD 80,054,000 for the eighteen months ended June 30, 2025, up from HKD 60,859,000 for the year ended December 31, 2023, marking an increase of about 31.5%[24]. Dividends and Shareholder Returns - The board of directors did not recommend any final dividend for the eighteen months ended June 30, 2025, consistent with the previous year[3]. - The company did not declare any dividends for the eighteen months ended June 30, 2025, consistent with the previous year[40]. - The company has not paid or proposed any dividends for the eighteen months ending June 30, 2025, consistent with the previous year[104]. Governance and Compliance - The audit committee, consisting of three independent non-executive directors, has reviewed the financial statements for the eighteen months ending June 30, 2025, ensuring compliance with applicable accounting standards and regulations[110]. - The company appointed a new auditor, Changqing (Hong Kong) CPA Limited, effective July 25, 2025, following the resignation of the previous auditor[111]. - The company will issue its annual report by October 31, 2025, containing all information required by the listing rules for the eighteen months ending June 30, 2025[113]. Future Plans and Strategies - The group plans to enhance liquidity and operating cash flow through negotiations with suppliers and seeks to restructure its subsidiaries to resolve disputes and settle outstanding payments related to ongoing litigation[18]. - The group plans to focus on property investment and development to provide stable income sources while exploring potential projects in China and overseas to enhance market competitiveness[87]. - The group has entered into a framework agreement to acquire retail and commercial properties in Guangzhou, with indicative consideration not exceeding RMB 260 million (approximately HKD 285.71 million)[90]. - The group has also signed a non-binding memorandum of understanding for the potential acquisition of equity interests in properties in Guangdong, with indicative consideration of not less than RMB 300 million (approximately HKD 334.34 million)[93].

Core Viewpoint - Daosheng Tianhe (601026.SH) has initiated its subscription on September 29, with an issue price of 5.98 yuan per share and a price-to-earnings ratio of 29.05 times, focusing on the development, production, and sales of new materials, particularly in the renewable energy sector [1] Company Overview - Daosheng Tianhe is a national high-tech enterprise specializing in the research and development of new materials, with products centered around epoxy resins, polyurethanes, acrylics, and organic silicon [1] - The company offers comprehensive solutions in three main product series: materials for wind turbine blades, new composite materials, and adhesives for electric vehicles and industrial applications [1][2] Market Position - The company has achieved a leading position in the global market for wind turbine blade epoxy resin, with projected sales of 143,100 tons in 2024, and ranks second domestically and third globally in wind turbine structural adhesives [1] Product Applications - New composite materials are applicable in various fields, including rail transportation and construction, serving clients such as Chongqing Wind Crossing and Taishan Glass Fiber [2] - Adhesives for electric vehicles are utilized in critical components like motors and batteries, with major clients including BYD Group and Geely Group [2] Fundraising and Financials - The fundraising will be allocated to projects including the production of high-end adhesives and composite resin systems, with a total investment of approximately 57.07 million yuan [3] - Financial performance shows projected revenues of approximately 3.436 billion yuan, 3.202 billion yuan, and 3.238 billion yuan for 2022, 2023, and 2024 respectively, with net profits of about 108 million yuan, 152 million yuan, and 155 million yuan [3] Financial Metrics - Total assets are projected to reach approximately 3.878 billion yuan by the end of 2024, with a debt-to-asset ratio of 44.63% [4] - The company expects a net profit of approximately 155.47 million yuan for 2024, with a basic earnings per share of 0.29 yuan [4]