I. 法定/註冊股本變動 截至月份: 2026年3月31日 狀態: 新提交 | 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) | 01046 | 說明 | 寰宇娯樂文化 | | | | | | | | | | 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 | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 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 致：香港交易及結算所有限公司 公司 ...

Financial Position - As of December 31, 2025, total assets amounted to HK$436,283,000, a slight increase from HK$435,704,000 as of June 30, 2025[14]. - Current assets increased to HK$293,278,000 from HK$268,593,000, reflecting a growth of approximately 9.2%[13]. - Total equity attributable to the owners of the Company decreased to HK$231,498,000 from HK$241,304,000, representing a decline of about 4.1%[14]. - Non-current liabilities rose to HK$3,229,000 from HK$2,865,000, indicating an increase of approximately 12.7%[14]. - Current liabilities increased to HK$205,125,000 from HK$195,083,000, showing a growth of about 5.2%[14]. - Cash and cash equivalents decreased to HK$107,954,000 from HK$135,245,000, a decline of approximately 20.1%[13]. - The accumulated losses increased to HK$354,855,000 as of December 31, 2025, from HK$356,060,000 at the end of the previous period[20]. - The Group's cash and cash equivalents at the end of the period were HK$107,954,000, down from HK$114,452,000 in the previous year[23]. - The total net carrying amount of property, plant, and equipment as of December 31, 2025, was HK$27,404,000, down from HK$27,404,000 as of June 30, 2025[72]. - The company reported accounts payable of HK$7,651,000 as of December 31, 2025, down from HK$10,189,000 as of June 30, 2025, which is a reduction of about 25%[105]. Revenue and Expenses - Total revenue for the six months ended December 31, 2025, was HK$57,777,000, a decrease of 76.8% compared to HK$249,032,000 for the same period in 2024[17]. - Income from film distribution and exhibition dropped significantly to HK$31,541,000 from HK$229,584,000, representing a decline of 86.3%[17]. - The total cost of revenue decreased to HK$43,445,000 from HK$228,680,000, a reduction of 81.0%[17]. - The net cash used in operating activities was HK$20,414,000, compared to HK$3,963,000 in the prior period, indicating increased cash outflow[22]. - Cash flows from investing activities resulted in a net cash outflow of HK$3,396,000, down from HK$10,321,000 in the previous year[22]. - Total comprehensive loss for the period was HK$9,827,000, significantly lower than HK$74,776,000 in the same period last year[18]. - Loss attributable to owners of the company was HK$9,882,000, compared to HK$74,277,000 in the previous year, showing a notable reduction[18]. - The company reported a basic and diluted loss per share of HK$1.09 for the period, compared to HK$8.19 in the previous year[18]. - Employee benefits expenses, including directors' emoluments, totaled HK$23,420,000 for the six months ended December 31, 2025, compared to HK$23,135,000 in 2024, showing a slight increase of approximately 1.2%[102]. - Interest on lease liabilities for the six months ended December 31, 2025, was HK$382,000, up from HK$276,000 in 2024, reflecting an increase of about 38%[107]. Segment Performance - For the six months ended December 31, 2025, total segment revenue was HK$57,777,000, with external customer revenue contributing HK$57,777,000[68]. - Video distribution segment generated revenue of HK$32,356,000, while trading and retailing of optical products contributed HK$19,818,000[68]. - The segment result for video distribution was a loss of HK$9,019,000, while trading and retailing of optical products reported a profit of HK$498,000[68]. - The Group has established reportable segments organized by business lines for internal reporting and resource allocation[58]. - The segment accounted for approximately 56.0% of the Group's total revenue during the Period, down from approximately 92.2% in the Last Period[139]. - The reduction in segmental loss from approximately HK$68.6 million in the Last Period to approximately HK$9.0 million during the Period was primarily due to the decrease in impairment loss[141]. Taxation and Legal Matters - The income tax expense for the six months ended December 31, 2025, was HK$936,000, down from HK$2,436,000 in 2024, indicating a 61.5% decrease[115]. - The PRC withholding tax for the current period was HK$862,000, a decrease from HK$1,242,000 in the previous year, reflecting a 30.5% reduction[115]. - The Company is currently involved in pending litigations, including a claim by Star Overseas Limited for US$935,872 (equivalent to HK$7,299,799) related to revenue sharing from the movie "Shaolin Soccer"[118]. - As of December 31, 2025, the Board believes that the outcome of the pending claims will not have a material financial impact on the Group for the Period[122]. - The Company has settled certain claims related to patent infringements with Koninklijke Philips Electronics N.V., with no further material outflow of economic benefits expected[125]. Shareholding and Corporate Governance - As of December 31, 2025, Mr. Lam Shiu Ming holds 200,860,000 shares, representing 22.16% of the company's total shareholding[194]. - The total shareholding of Mr. Lam Shiu Ming, including all interests, is 664,526,873 shares, equating to 73.30%[194]. - No other directors or chief executives have interests or short positions in the company's shares or debentures as of December 31, 2025[197]. - All disclosed interests are compliant with the Securities and Futures Ordinance requirements[200]. Market and Future Outlook - The Company is actively pursuing new strategies for market expansion and product development, although specific details were not disclosed in the interim report[10]. - The Group plans to manage content costs and overheads while pursuing additional film licensing opportunities to generate stable revenue streams[149]. - The Group will explore potential new investments and business opportunities to diversify and strengthen income streams amid an uncertain operating climate[178]. - China's film market showed signs of recovery in 2025, with total box office revenue reaching approximately RMB 51.8 billion, an increase of nearly 22% year-on-year[146]. - The Hong Kong IPO market experienced a strong recovery in 2025, leading to increased demand for financial printing services[152].

致：香港交易及結算所有限公司 公司名稱: 寰宇娛樂文化集團有限公司 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: 2026年2月28日 狀態: 新提交 呈交日期: 2026年3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) | 01046 | 說明 | 寰宇娯樂文化 | | | | | | | | | | 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 | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 ...

Core Viewpoint - The company reported a significant decline in total revenue for the six months ending December 31, 2025, while also showing a notable reduction in losses compared to the previous period [1] Financial Performance - Total revenue amounted to HKD 57.77 million, representing a year-on-year decrease of 76.8% [1] - Loss attributable to owners narrowed to HKD 9.882 million, a reduction of 86.7% compared to the previous period [1] - Loss per share was reported at HKD 0.0109 [1] Impairment Losses - The reduction in losses was primarily due to a decrease in impairment losses related to film copyrights and films in production, which decreased by approximately HKD 64.5 million compared to the prior period [1]

Group 1 - The company, 寰宇娱乐文化 (01046.HK), reported revenue of approximately HKD 57.8 million for the six months ending December 31, 2025, compared to approximately HKD 249 million for the same period in 2024 [1] - The company incurred a loss of approximately HKD 9.9 million during the current period, an improvement from a loss of approximately HKD 74.7 million in the previous period [1] - The reduction in loss is primarily attributed to a decrease in impairment losses related to film copyrights and films in production, which decreased by approximately HKD 64.5 million compared to the previous period [1] Group 2 - The company did not declare or pay an interim dividend for the current period, consistent with the previous year [1]

Core Viewpoint - The company reported a significant decline in total revenue and a reduced loss compared to the previous period, primarily due to a decrease in impairment losses related to film copyrights and productions [1] Financial Performance - Total revenue for the six months ending December 31, 2025, was HKD 57.77 million, representing a year-on-year decrease of 76.8% [1] - The loss attributable to the company's owners was HKD 9.882 million, which is an improvement of 86.7% compared to the previous period [1] - The loss per share was HKD 0.0109 [1] Impairment Losses - The reduction in losses was mainly attributed to a decrease of approximately HKD 64.5 million in impairment losses related to film copyrights and films in production compared to the previous period [1]

Financial Performance - Total revenue for the six months ended December 31, 2025, was HKD 57,777,000, a decrease of 76.8% compared to HKD 249,032,000 for the same period in 2024[2] - The company reported a loss of HKD 9,903,000 for the six months ended December 31, 2025, compared to a loss of HKD 74,715,000 in the same period of 2024[3] - The cost of revenue totaled HKD 43,445,000, down 81.0% from HKD 228,680,000 in the previous year[3] - Administrative expenses decreased to HKD 20,094,000 from HKD 26,902,000, reflecting a reduction of 25.4%[3] - The company’s basic and diluted loss per share for the period was HKD 1.09, compared to HKD 8.19 in the previous year[4] - The company reported a net loss of HKD 9,827,000 in total comprehensive loss for the period, compared to HKD 74,776,000 in the previous year[4] - The loss for the current period was approximately HKD 9.9 million, an improvement from a loss of HKD 74.7 million in the previous period, primarily due to a reduction in impairment losses related to film rights and productions[35] Assets and Liabilities - The company's total assets as of December 31, 2025, were HKD 436,283,000, slightly up from HKD 435,704,000 as of June 30, 2025[6] - Cash and cash equivalents amounted to HKD 107,954,000, down from HKD 135,245,000 in the previous period[5] - The company’s equity attributable to owners was HKD 231,498,000, a decrease from HKD 241,304,000[6] - The group’s segment liabilities totaled HKD 189,935,000, with the majority coming from video distribution at HKD 169,205,000[18] - The group’s debt-to-equity ratio was approximately 2.7% as of December 31, 2025, down from 3.0% as of June 30, 2025[51] Revenue Segmentation - The group reported external customer revenue of HKD 57,777,000 for the six months ended December 31, 2025, with significant contributions from video distribution and eyewear products[18] - The segment performance showed a pre-tax loss of HKD 8,967,000, indicating challenges in profitability across various divisions[18] - Revenue recognized at a point in time was HKD 40,922,000, while revenue recognized over time was HKD 16,575,000[18] - The film distribution and exhibition segment generated revenue of approximately HKD 32.4 million, down about 85.9% from HKD 229.7 million in the previous period, accounting for 56.0% of total revenue[36] - The revenue from the financial printing segment increased by approximately 53.5% to about HKD 19.8 million, driven by growth in initial public offering (IPO) projects, accounting for about 34.3% of total group revenue[41] - The trading, wholesale, and retail business of eyewear and watches recorded revenue of approximately HKD 4.9 million, a decrease of about 15.5% from the previous period, due to a reduction in the average number of retail stores[42] Operational Focus and Strategy - The company is engaged in video distribution, film distribution and screening, and trading of eyewear and watch products, indicating a focus on diversifying its business operations[8] - The company plans to strictly control content costs and operating expenses while actively seeking more opportunities for licensing and sublicensing film rights to create stable revenue sources[38] - The group plans to continue evaluating the impact of new accounting standards on its operational performance and financial position[12] - The group plans to continue closing unprofitable stores in response to the weak retail market in Hong Kong[50] - The group remains cautiously optimistic about the prospects for its video distribution, film release, and financial printing businesses despite a challenging macroeconomic environment[50] Corporate Governance and Compliance - The company has complied with the corporate governance code as of December 31, 2025, except for the separation of roles between the Chairman and CEO[74] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the accounting principles and internal controls of the group[75] - All directors confirmed adherence to the standard code for securities trading during the reporting period[77] Stock Option Plan - The stock option plan adopted on December 4, 2023, is valid for ten years and aims to recognize and incentivize eligible participants for their contributions to the group[57] - The maximum number of shares that can be issued under the stock option plan is capped at 10% of the total issued shares, with a specific limit of 3% for service providers unless shareholder approval is obtained[61] - The vesting period for stock options must not be less than 12 months, with provisions for shorter periods under certain conditions[66] - The plan includes a clawback mechanism where stock options may be forfeited due to severe misconduct or financial misstatements[70] - No stock options were issued or outstanding during the reporting period[73] Litigation and Legal Matters - The company has ongoing litigation with a third party, claiming a total of HKD 7,299,799 related to revenue sharing from a film[30] - The company has made payments totaling HKD 5,495,700 related to the litigation, with a remaining balance of approximately HKD 1,804,099 still in dispute[31] - The company has no significant pending litigation or claims as of December 31, 2025[33] Employee and Staffing Information - The group employed 105 staff as of December 31, 2025, down from 116 on June 30, 2025, with annual salary reviews and additional benefits including discretionary bonuses and medical insurance[56]

Group 1 - The company, Huanyu Entertainment Culture (01046.HK), announced a board meeting scheduled for February 27, 2026, to approve the publication of its interim results for the six months ending December 31, 2025 [1] - The board will also consider the proposal for an interim dividend distribution, if applicable [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 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。 UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰宇娛樂文化集團有限公司 承董事會命 寰宇娛樂文化集團有限公司 主席兼執行董事 林小明 香港，二零二六年二月九日 於 本 公 佈 日 期，本 公 司 執 行 董 事 為 林 小 明 先 生 及 林 傑 新 先 生，以 及 本 公 司 獨 立 非執行董事為蔡永冠先生、鄧耀榮先生及龐雪卿女士。 （於百慕達註冊成立之有限公司） （股份代號：1046） 董事會會議日期 寰 宇 娛 樂 文 化 集 團 有 限 公 司（「本公司」）之 董 事 會（「董事會」）宣 佈 將 於 二 零 二 六 年 二 月 二 十 七 日（星 期 五）舉 行 董 事 會 會 議，其 中 包 括 批 准 刊 發 本 公 司 及 其 附 屬 公 司 截 至 二 零 二 五 ...

Core Viewpoint - The company, 寰宇娱乐文化 (01046), expects to record a loss of approximately HKD 7 million to HKD 17 million for the six-month period ending December 31, 2025, showing an improvement compared to a loss of approximately HKD 74.7 million for the six-month period ending December 31, 2024 [1] Financial Performance - The anticipated loss for the upcoming period is between HKD 7 million and HKD 17 million [1] - The previous period's loss was approximately HKD 74.7 million [1] - The improvement in performance is attributed to a reduction in impairment losses related to film copyrights, films in production, and related deposits, which decreased by approximately HKD 64.5 million compared to the previous period [1]