Core Viewpoint - Dayu Financial (01073) announced a successful rights issue with oversubscription, indicating strong investor interest and confidence in the company's future prospects [1] Group 1: Rights Issue Details - The company received a total of 11 valid acceptances and applications for approximately 1.269 billion rights shares, which represents 111.38% of the maximum number of rights shares available for the rights issue, estimated at 1.139 billion shares [1] - The rights issue was oversubscribed by approximately 130 million shares, accounting for 11.38% of the maximum number of rights shares available [1] Group 2: Financial Implications - The total proceeds from the rights issue amounted to approximately HKD 136.7 million, with net proceeds around HKD 136 million [1] - Approximately HKD 116 million of the proceeds will be allocated for financing guarantee business, while HKD 20 million will be used for general operating funds of the group [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分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。 供股結果 董事會欣然宣佈，於二零二五年九月一日（星期一）下午四時正（即接納供股股份及繳付股款以及申 請額外供股股份及繳付股款的最後時限）： 合共11份有效接納及申請已獲接納及申請，涉及1,269,041,421股供股股份，約佔根據供股發售之供 股股份最高數目1,139,330,190股的111.38%。 根據上述結果，供股獲超額認購129,711,231股供股股份，約佔根據供股發售之供股股份最高數目 1,139,330,190股的11.38%。 1 本公告僅供參考之用，並不構成收購、購買或認購本公司證券之邀請或要約。 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1073） 二供一供股結果 茲提述大禹金融控股有限公司（「本公司」）日期為二零二五年八月十八日之章程（「章程」），內容有關 供股。除另有界定者外，本公告所使用詞彙與章程所界定者具相同涵義。 (i) 已收到暫定配額通 ...

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 呈交日期: 2025年9月3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) | 01073 | 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 第 1 頁 共 10 頁 v 1.1.1 FF301 截至月份: 2025年8月3 ...

公告称，税后溢利净额减少主要由于中期期间来自企业融资收益及固定收益投资之投资收益减少。 大禹金融(01073)发布2025年中期业绩，该集团取得收益总额2328.9万港元，同比减少6.21%;公司拥有人 应占本期间溢利1476.4万港元，同比减少42.8%;每股基本盈利0.65港仙。 ...

智通财经APP讯，大禹金融(01073)发布2025年中期业绩，该集团取得收益总额2328.9万港元，同比减少 6.21%;公司拥有人应占本期间溢利1476.4万港元，同比减少42.8%;每股基本盈利0.65港仙。 公告称，税后溢利净额减少主要由于中期期间来自企业融资收益及固定收益投资之投资收益减少。 ...

[Interim Results Announcement](index=1&type=section&id=%E4%B8%AD%E6%9C%9F%E6%A5%AD%E7%B8%BE%E5%85%AC%E5%91%8A) [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=1&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group's net profit for the six months ended June 30, 2025, significantly decreased by 42.80% to 14,764 thousand HKD, with basic earnings per share falling to 0.65 HK cents, driven by reduced net other financial income and increased expenses Key Data from Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Service income | 22,417 | 24,057 | (1,640) | -6.82% | | Interest income | 872 | 775 | 97 | 12.52% | | Total income | 23,289 | 24,832 | (1,543) | -6.21% | | Net other financial income | 10,744 | 18,235 | (7,491) | -41.08% | | Employee benefit expenses | (9,091) | (8,293) | (798) | 9.62% | | Administrative and other expenses | (9,029) | (7,867) | (1,162) | 14.77% | | Profit before tax | 15,988 | 26,941 | (10,953) | -40.65% | | Profit for the period attributable to owners of the Company | 14,764 | 25,813 | (11,049) | -42.80% | | Basic earnings per share (HK cents) | 0.65 | 1.24 | (0.59) | -47.58% | - Total comprehensive income attributable to owners of the Company for the period decreased from **25,813 thousand HKD** in 2024 to **16,427 thousand HKD** in 2025[5](index=5&type=chunk) [Condensed Consolidated Statement of Financial Position](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets grew to 938,463 thousand HKD, with net current assets at 258,927 thousand HKD and net assets at 507,757 thousand HKD, while current liabilities rose significantly due to increased trade and other payables Key Data from Condensed Consolidated Statement of Financial Position | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Non-current assets | 259,681 | 260,359 | (678) | -0.26% | | Current assets | 678,782 | 496,794 | 181,988 | 36.63% | | Current liabilities | 419,855 | 246,471 | 173,384 | 70.35% | | Net current assets | 258,927 | 250,323 | 8,604 | 3.44% | | Total assets less current liabilities | 518,608 | 510,682 | 7,926 | 1.55% | | Non-current liabilities | 10,851 | 9,326 | 1,525 | 16.35% | | Net assets | 507,757 | 501,356 | 6,401 | 1.28% | | Total equity | 507,757 | 501,356 | 6,401 | 1.28% | - Client trust bank balances significantly increased by **76.01%** from **230,741 thousand HKD** as of December 31, 2024, to **406,127 thousand HKD** as of June 30, 2025[6](index=6&type=chunk) - Trade and other payables and accrued expenses significantly increased by **69.52%** from **242,248 thousand HKD** as of December 31, 2024, to **410,661 thousand HKD** as of June 30, 2025[6](index=6&type=chunk) [Notes to the Condensed Consolidated Financial Statements](index=5&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) [Basis of Preparation and Significant Accounting Policies](index=5&type=section&id=Basis%20of%20Preparation%20and%20Significant%20Accounting%20Policies) These interim condensed consolidated financial statements adhere to HKEX Listing Rules and HKAS 34, incorporating revised HKFRS effective January 1, 2025, without material impact on the Group's financial position - Financial statements are prepared in compliance with the HKEX Listing Rules and Hong Kong Accounting Standard 34[8](index=8&type=chunk) - The adoption of revised Hong Kong Financial Reporting Standards, effective January 1, 2025, has no material impact on the Group's interim condensed consolidated financial statements[10](index=10&type=chunk)[11](index=11&type=chunk) [Revenue Disaggregation](index=6&type=section&id=Revenue%20Disaggregation) The Group's total revenue for the 2025 interim period decreased by 6.21% to 23,289 thousand HKD, with growth in asset management and securities services offset by significant declines in advisory and referral fees Revenue Disaggregation Details | Service Category | 2025 (thousand HKD) | 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Advisory and related services | 7,163 | 11,034 | (3,871) | -35.08% | | Asset management services | 9,840 | 7,722 | 2,118 | 27.43% | | Securities and related services | 4,999 | 1,119 | 3,880 | 346.74% | | Referral fees | – | 3,746 | (3,746) | -100.00% | | Miscellaneous income | 415 | 436 | (21) | -4.82% | | **Total service income** | **22,417** | **24,057** | **(1,640)** | **-6.82%** | | Loan interest income | 872 | 775 | 97 | 12.52% | | **Total revenue** | **23,289** | **24,832** | **(1,543)** | **-6.21%** | - Regarding the timing of service revenue recognition, revenue transferred over time increased from **13,712 thousand HKD** in 2024 to **17,350 thousand HKD** in 2025, while revenue recognized at a point in time decreased from **10,345 thousand HKD** to **5,067 thousand HKD**[14](index=14&type=chunk) [Transaction Price Allocated to Remaining Performance Obligations](index=6&type=section&id=Transaction%20Price%20Allocated%20to%20Remaining%20Performance%20Obligations) As of June 30, 2025, the Group's remaining performance obligations totaled 5,977 thousand HKD, a 57.62% decrease from December 31, 2024, with most revenue expected within 6-12 months Timing of Remaining Performance Obligations | Expected Fulfillment Period | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Year ending December 31, 2025 | 5,410 | 14,102 | (8,692) | -61.63% | | Year ending December 31, 2026 | 567 | – | 567 | N/A | | **Total** | **5,977** | **14,102** | **(8,125)** | **-57.62%** | - The amount of remaining performance obligations excludes a significant conditional advisory transaction due to uncertainty in its amount and the expectation that it will not be resolved in the short term[16](index=16&type=chunk) [Segment Information](index=7&type=section&id=Segment%20Information) The Group operates four segments: corporate finance, asset management, securities, and money lending; in 2025, corporate finance and investment segments saw significant declines in revenue and profit, while asset management and securities segments experienced revenue growth Segment External Revenue and Profit Before Tax | Segment | 2025 External Revenue (thousand HKD) | 2024 External Revenue (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Corporate finance services, investments and others | 7,163 | 11,034 | (3,871) | -35.08% | | Asset management services | 10,255 | 8,158 | 2,097 | 25.70% | | Securities and related services | 4,999 | 4,865 | 134 | 2.75% | | Money lending business | 872 | 775 | 97 | 12.52% | | **Total** | **23,289** | **24,832** | **(1,543)** | **-6.21%** | | Segment | 2025 Profit Before Tax (thousand HKD) | 2024 Profit Before Tax (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Corporate finance services, investments and others | 8,699 | 22,209 | (13,510) | -60.83% | | Asset management services | 5,919 | 4,420 | 1,499 | 33.91% | | Securities and related services | 1,109 | 518 | 591 | 114.09% | | Money lending business | 261 | (206) | 467 | N/A | | **Total** | **15,988** | **26,941** | **(10,953)** | **-40.65%** | Segment Assets and Liabilities | Segment | June 30, 2025 Total Assets (thousand HKD) | December 31, 2024 Total Assets (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Corporate finance services, investments and others | 439,664 | 439,936 | (272) | -0.06% | | Asset management services | 43,453 | 43,531 | (78) | -0.18% | | Securities and related services | 426,215 | 244,335 | 181,880 | 74.44% | | Money lending business | 29,131 | 29,351 | (220) | -0.75% | | **Total** | **938,463** | **757,153** | **181,310** | **23.95%** | | Segment | June 30, 2025 Total Liabilities (thousand HKD) | December 31, 2024 Total Liabilities (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Corporate finance services, investments and others | 14,010 | 12,460 | 1,550 | 12.44% | | Asset management services | 1,095 | 243 | 852 | 350.62% | | Securities and related services | 411,666 | 231,118 | 180,548 | 78.12% | | Money lending business | 117 | 318 | (201) | -63.21% | | **Total** | **426,888** | **244,139** | **182,749** | **74.86%** | [Revenue from Major Customers](index=10&type=section&id=Revenue%20from%20Major%20Customers) In 2025, Customer A's revenue grew to 9,018 thousand HKD from asset management and securities services, while major customers B, C, and D from 2024 generated no revenue Revenue from Major Customers Details | Customer | 2025 (thousand HKD) | 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Customer A | 9,018 | 8,064 | 954 | 11.83% | | Customer B | – | 5,000 | (5,000) | -100.00% | | Customer C | – | 3,746 | (3,746) | -100.00% | | Customer D | – | 3,000 | (3,000) | -100.00% | - Revenue from Customer A is attributable to asset management services and securities and related services[20](index=20&type=chunk) - Revenue from Customers B and D in 2024 was attributable to corporate finance services, investments, and other, while revenue from Customer C was attributable to securities and related services[21](index=21&type=chunk)[22](index=22&type=chunk) [Loan Concentration to Major Customers](index=10&type=section&id=Loan%20Concentration%20to%20Major%20Customers) The Group's credit risk concentration increased, with the largest customer and top five customers' share of mortgage and term loans in the money lending segment rising - The proportion of mortgage and term loans from the largest customer increased from **52.3%** as of December 31, 2024, to **54.7%** as of June 30, 2025[23](index=23&type=chunk) - The proportion of mortgage and term loans from the top five customers increased from **81.9%** as of December 31, 2024, to **83.5%** as of June 30, 2025[23](index=23&type=chunk) [Geographical Information](index=10&type=section&id=Geographical%20Information) The Group's operations and non-current assets, excluding mortgage loans and FVTPL financial assets, are primarily concentrated in Hong Kong - The Group's business operations are primarily conducted in Hong Kong[24](index=24&type=chunk) - All of the Group's non-current assets (excluding mortgage loans and financial assets at fair value through profit or loss) are located in Hong Kong[24](index=24&type=chunk) [Items Deducted From / (Credited to) Profit Before Tax](index=11&type=section&id=Items%20Deducted%20From%20%2F%20%28Credited%20to%29%20Profit%20Before%20Tax) In 2025, intangible asset amortization was stable, while depreciation and impairment reversals decreased, and employee benefits and lease liability interest expenses increased Items Deducted From / (Credited to) Profit Before Tax | Item | 2025 (thousand HKD) | 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Amortisation of intangible assets | 1,726 | 1,726 | 0 | 0.00% | | Depreciation of owned property, plant and equipment | 30 | 50 | (20) | -40.00% | | Depreciation of right-of-use assets | 1,447 | 1,551 | (104) | -6.71% | | Employee benefit expenses | 9,091 | 8,293 | 798 | 9.62% | | Interest on lease liabilities | 104 | 67 | 37 | 55.22% | | Reversal of impairment losses on financial assets | (179) | (100) | (79) | 79.00% | [Income Tax Expense](index=11&type=section&id=Income%20Tax%20Expense) In 2025, the Group's income tax expense increased by 8.51% to 1,224 thousand HKD, mainly due to higher Hong Kong profits tax, which applies a 16.5% rate with an 8.25% two-tiered rate for some profits Income Tax Expense Details | Item | 2025 (thousand HKD) | 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Hong Kong profits tax | (1,509) | (1,413) | (96) | 6.79% | | Deferred tax | 285 | 285 | 0 | 0.00% | | **Income tax expense** | **(1,224)** | **(1,128)** | **(96)** | **8.51%** | - Hong Kong profits tax is provided at an estimated assessable profit rate of **16.5%**, with one subsidiary's first **2,000,000 HKD** of assessable profits taxed at **8.25%**[26](index=26&type=chunk) [Earnings Per Share](index=12&type=section&id=Earnings%20Per%20Share) In 2025, basic and diluted EPS attributable to owners decreased by 47.58% to 0.65 HK cents, driven by lower profit and an increased weighted average number of ordinary shares Earnings Per Share Calculation Data | Indicator | 2025 (thousand HKD/share) | 2024 (thousand HKD/share) | Change | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Profit for the period attributable to owners of the Company | 14,764 | 25,813 | (11,049) | -42.80% | | Weighted average number of ordinary shares outstanding | 2,278,660,380 | 2,073,580,946 | 205,079,434 | 9.90% | | Basic and diluted earnings per share (HK cents) | 0.65 | 1.24 | (0.59) | -47.58% | - For the six months ended June 30, 2025, and 2024, there were no outstanding potential ordinary shares, thus diluted earnings per share were the same as basic earnings per share[28](index=28&type=chunk) [Dividends](index=12&type=section&id=Dividends) The Board resolved not to declare a 2025 interim dividend; however, 2024 final and special dividends totaling 10,026 thousand HKD were paid during the 2025 interim period - The Board resolved not to declare an interim dividend for **2025** (2024: nil)[29](index=29&type=chunk) - A final dividend of **0.28 HK cents** per share and a special dividend of **0.16 HK cents** per share for **2024**, totaling **10,026 thousand HKD**, were paid during the **2025** interim period[29](index=29&type=chunk) [Goodwill](index=12&type=section&id=Goodwill) As of June 30, 2025, the Group's goodwill carrying amount remained stable at 108,788 thousand HKD, unchanged from December 31, 2024 Goodwill Carrying Amount | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Cost | 302,965 | 302,965 | 0 | 0.00% | | Accumulated impairment | 194,177 | 194,177 | 0 | 0.00% | | **Carrying amount** | **108,788** | **108,788** | **0** | **0.00%** | [Intangible Assets](index=13&type=section&id=Intangible%20Assets) As of June 30, 2025, the Group's intangible assets decreased by 2.92% to 57,359 thousand HKD, mainly due to trademark name amortization Intangible Assets Carrying Amount Details | Intangible Asset Category | June 30, 2025 Carrying Amount (thousand HKD) | December 31, 2024 Carrying Amount (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Investment management agreements | – | – | 0 | N/A | | Inventories | – | – | 0 | N/A | | Trademark names | 48,619 | 50,345 | (1,726) | -3.43% | | SFC licenses | 3,740 | 3,740 | 0 | 0.00% | | Club memberships | 5,000 | 5,000 | 0 | 0.00% | | **Total** | **57,359** | **59,085** | **(1,726)** | **-2.92%** | - In the **2025** interim period, intangible asset amortization was **1,726 thousand HKD**, primarily from trademark names[31](index=31&type=chunk) [Mortgage Loans](index=14&type=section&id=Mortgage%20Loans) As of June 30, 2025, total secured mortgage loans decreased by 9.64% to 7,459 thousand HKD, with all loans current and no loss allowance recognized Mortgage Loans Details | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Total secured mortgage loans | 7,459 | 8,255 | (796) | -9.64% | | Non-current assets | 5,923 | 6,691 | (768) | -11.48% | | Current assets | 1,536 | 1,564 | (28) | -1.79% | - As of June 30, 2025, and December 31, 2024, there were no overdue mortgage loans[32](index=32&type=chunk) - The Group has not recognized any loss allowance for mortgage loans secured by collateral, as the realizable value of the collateral is sufficient to cover the loan amounts[32](index=32&type=chunk) [Term Loans](index=14&type=section&id=Term%20Loans) As of June 30, 2025, net term loans increased by 4.24% to 9,024 thousand HKD, driven by higher gross term loans and a corresponding rise in impairment allowance Term Loans Details | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Gross term loans | 9,554 | 9,047 | 507 | 5.60% | | Less: Impairment allowance | (530) | (390) | (140) | 35.90% | | **Net term loans** | **9,024** | **8,657** | **367** | **4.24%** | [Trade and Other Receivables](index=15&type=section&id=Trade%20and%20Other%20Receivables) As of June 30, 2025, total trade and other receivables surged by 109.88% to 7,245 thousand HKD, primarily driven by significant growth in trade receivables Trade and Other Receivables Details | Item | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Trade receivables | 5,601 | 1,452 | 4,149 | 285.74% | | Other receivables | 482 | 260 | 222 | 85.38% | | Prepayments | 274 | 792 | (518) | -65.40% | | Rental and utilities deposits | 888 | 948 | (60) | -6.33% | | **Total** | **7,245** | **3,452** | **3,793** | **109.88%** | Ageing Analysis of Trade Receivables | Ageing Analysis (Trade Receivables) | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Within 30 days | 5,351 | 1,452 | 3,899 | 268.52% | | Over 30 days but within 60 days | 250 | – | 250 | N/A | | **Total** | **5,601** | **1,452** | **4,149** | **285.74%** | [Client Trust Bank Balances](index=16&type=section&id=Client%20Trust%20Bank%20Balances) Client monies are held in segregated bank accounts, classified as current assets and corresponding trade payables, and are regulated by the Securities and Futures Ordinance - Client monies are held in segregated bank accounts and classified as client trust bank balances under current assets[36](index=36&type=chunk) - The Group is responsible for any loss or misappropriation of client monies[36](index=36&type=chunk) - Balances in segregated bank accounts are subject to and regulated by the Securities and Futures (Client Money) Rules under the Securities and Futures Ordinance[36](index=36&type=chunk) [Trade and Other Payables](index=16&type=section&id=Trade%20and%20Other%20Payables) As of June 30, 2025, total trade and other payables surged by 69.52% to 410,661 thousand HKD, mainly driven by a significant increase in client trade payables Trade and Other Payables Details | Item | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Client trade payables | 408,651 | 228,498 | 180,153 | 78.85% | | Hong Kong Securities Clearing Company Limited | – | 2,228 | (2,228) | -100.00% | | Other payables and accrued expenses | 2,010 | 11,522 | (9,512) | -82.55% | | **Total** | **410,661** | **242,248** | **168,413** | **69.52%** | - As of June 30, 2025, approximately **406,127 thousand HKD** (December 31, 2024: approximately **230,741 thousand HKD**) of trade payables represent amounts payable to clients for segregated bank account balances received and held on behalf of clients in the course of conducting regulated business[37](index=37&type=chunk) [Business Review](index=17&type=section&id=Business%20Review) [Corporate Finance Advisory](index=17&type=section&id=Corporate%20Finance%20Advisory) Yu Ming provides corporate finance advisory, placing, and underwriting services; in 2025, revenue from these services decreased to approximately 7,200 thousand HKD - Yu Ming provides corporate finance advisory services, including financial advisory, compliance advisory, placing agent, and underwriting services[38](index=38&type=chunk)[40](index=40&type=chunk)[47](index=47&type=chunk) - In the **2025** interim period, revenue from corporate finance advisory and related services was approximately **7,200 thousand HKD**, a decrease from **11,000 thousand HKD** in 2024[41](index=41&type=chunk) [Asset Management](index=18&type=section&id=Asset%20Management) Yu Ming provides asset management services to New Work Investment Limited and other funds, with revenue growing to approximately 10,200 thousand HKD in 2025 - Yu Ming provides asset management services to New Work Investment Limited and other investment funds[42](index=42&type=chunk) - In the **2025** interim period, revenue from asset management services was approximately **10,200 thousand HKD**, an increase from **8,100 thousand HKD** in 2024[42](index=42&type=chunk) [Investments](index=18&type=section&id=Investments) YMHD Fund primarily invests in securities, generating approximately 6,600 thousand HKD in net other financial income in 2025, a significant increase from 2024 - YMHD Fund primarily engages in securities investments[43](index=43&type=chunk) - In the **2025** interim period, net other financial income from securities investments by YMHD Fund was approximately **6,600 thousand HKD**, an increase from **2,300 thousand HKD** in 2024[43](index=43&type=chunk) [Securities Brokerage](index=18&type=section&id=Securities%20Brokerage) Man Kee Securities, engaged in brokerage, placing, and investments, maintained stable operations with slight profit and revenue growth to approximately 5,000 thousand HKD in 2025 - Man Kee Securities primarily engages in securities brokerage, securities placing, and securities investments[44](index=44&type=chunk) - Man Kee Securities maintained stable operations during the interim period, despite a slight profit[45](index=45&type=chunk) - In the **2025** interim period, revenue from securities and related services was approximately **5,000 thousand HKD**, a slight increase from **4,900 thousand HKD** in 2024[46](index=46&type=chunk) [Money Lending Business](index=19&type=section&id=Money%20Lending%20Business) Man Kee Finance conducts money lending in Hong Kong, offering various loans; it maintains a cautious approach with enhanced credit risk management, and revenue slightly increased to approximately 900 thousand HKD in 2025 - Man Kee Finance primarily conducts money lending business in Hong Kong, providing unsecured loans (term loans and personal loans) and secured loans (property mortgages and share mortgages)[48](index=48&type=chunk) - Given the unstable economic environment, Man Kee Finance maintains a cautious approach, strengthening credit risk management and adjusting interest rates and loan-to-value ratios as appropriate[48](index=48&type=chunk) - In the **2025** interim period, revenue from money lending and related businesses was approximately **900 thousand HKD**, an increase from **800 thousand HKD** in 2024[49](index=49&type=chunk) [Financial Review](index=19&type=section&id=Financial%20Review) [Overall Results](index=19&type=section&id=Overall%20Results) In 2025, the Group's net profit significantly decreased by 11,000 thousand HKD to 14,800 thousand HKD, with basic EPS falling to 0.65 HK cents, mainly due to reduced corporate finance and fixed income investment income - In the **2025** interim period, the Group recorded a net profit of approximately **14,800 thousand HKD**, a decrease of approximately **11,000 thousand HKD** from 2024[51](index=51&type=chunk) - The decrease in profit was primarily due to reduced corporate finance revenue and investment income from fixed income investments[51](index=51&type=chunk) - Basic earnings per share were **0.65 HK cents** (2024: **1.24 HK cents**)[52](index=52&type=chunk) [Revenue and Financial Resources](index=19&type=section&id=Revenue%20and%20Financial%20Resources) In 2025, the Group's revenue slightly decreased to 23,300 thousand HKD; cash and cash equivalents rose to 114,000 thousand HKD, but the current ratio declined from 201.6% to 161.7% Key Revenue and Financial Resources Data | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Cash and cash equivalents | 114,000 | 98,600 | 15,400 | 15.62% | | Current ratio | 161.7% | 201.6% | -39.9% | -19.79% | - In the **2025** interim period, the Group's revenue was approximately **23,300 thousand HKD** (2024: approximately **24,800 thousand HKD**)[53](index=53&type=chunk) - During the interim period, the Group had no significant foreign exchange fluctuation risks or related hedges[54](index=54&type=chunk) [Debts and Bank Facilities](index=20&type=section&id=Debts%20and%20Bank%20Facilities) As of June 30, 2025, the Group had no bank or other borrowings, maintaining a **0%** capital-to-debt ratio, reflecting a robust financial position - As of June 30, 2025, the Group had no bank and other borrowings[55](index=55&type=chunk) - As of December 31, 2024, the Group had no bank and other borrowings, except for an unsecured bank overdraft of **100 thousand HKD**[56](index=56&type=chunk) - The Group's capital-to-debt ratio was **0%**[56](index=56&type=chunk) [Assets and Liabilities](index=20&type=section&id=Assets%20and%20Liabilities) As of June 30, 2025, the Group's total assets, total liabilities, and net assets all increased to approximately 938,500 thousand HKD, 430,700 thousand HKD, and 507,800 thousand HKD, respectively Total Assets and Liabilities | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Total assets | 938,500 | 757,200 | 181,300 | 23.94% | | Total liabilities | 430,700 | 255,800 | 174,900 | 68.37% | | Net assets | 507,800 | 501,400 | 6,400 | 1.28% | [Capital Structure](index=20&type=section&id=Capital%20Structure) As of June 30, 2025, and December 31, 2024, the Group's share capital remained unchanged - As of June 30, 2025, and December 31, 2024, there was no change in share capital[58](index=58&type=chunk) [Commitments and Pledged Assets](index=20&type=section&id=Commitments%20and%20Pledged%20Assets) As of June 30, 2025, and December 31, 2024, the Group had no outstanding contracted capital commitments or pledged assets - As of June 30, 2025, and December 31, 2024, the Group had no outstanding contracted capital commitments[59](index=59&type=chunk) - As of June 30, 2025, and December 31, 2024, the Group had no pledged assets[60](index=60&type=chunk) [Material Investments, Acquisitions and Disposals](index=20&type=section&id=Material%20Investments%2C%20Acquisitions%20and%20Disposals) The Group holds perpetual securities from Standard Chartered and Bank of East Asia as material investments, which generated unrealized gains and coupon income in 2025, and are intended for continued holding due to attractive yields - The Group holds perpetual securities issued by Standard Chartered PLC and The Bank of East Asia, Limited as material investments[61](index=61&type=chunk)[69](index=69&type=chunk) - The Group intends to hold these investments due to their attractive yields[68](index=68&type=chunk)[74](index=74&type=chunk) [Standard Chartered PLC Perpetual Securities](index=20&type=section&id=Standard%20Chartered%20PLC%20Perpetual%20Securities) As of June 30, 2025, the Group held 7,000,000 USD Standard Chartered securities (fair value 51,400 thousand HKD, 5.5% of total assets), recognizing 1,700 thousand HKD unrealized gains and 1,200 thousand HKD coupon income, while Standard Chartered's operating income grew 10% but credit impairment increased Standard Chartered Securities Investment Data | Indicator | June 30, 2025 (thousand HKD) | % of Total Assets | | :--- | :--- | :--- | | Total cost of Standard Chartered securities | 47,300 | N/A | | Fair value of Standard Chartered securities | 51,400 | 5.5% | - Unrealized gains of approximately **1,700 thousand HKD** and coupon income of approximately **1,200 thousand HKD** were recognized from Standard Chartered securities during the interim period[62](index=62&type=chunk) - Standard Chartered Group's operating income increased by **10%** to **10,900,000 thousand USD**, driven by growth in wealth solutions, corporate and institutional banking, and financial markets businesses[63](index=63&type=chunk) - Credit impairment charges increased by **87,000 thousand USD** to **336,000 thousand USD**, primarily due to higher charges in wealth management and retail banking businesses[64](index=64&type=chunk) [The Bank of East Asia, Limited Perpetual Securities](index=23&type=section&id=The%20Bank%20of%20East%20Asia%2C%20Limited%20Perpetual%20Securities) As of June 30, 2025, the Group held 6,000,000 USD Bank of East Asia securities (fair value 47,500 thousand HKD, 5.1% of total assets), recognizing 900 thousand HKD unrealized gains and 1,400 thousand HKD coupon income, while Bank of East Asia's profit grew 14.1% despite reduced net interest income Bank of East Asia Securities Investment Data | Indicator | June 30, 2025 (thousand HKD) | % of Total Assets | | :--- | :--- | :--- | | Total cost of Bank of East Asia securities | 37,200 | N/A | | Fair value of Bank of East Asia securities | 47,500 | 5.1% | - Unrealized gains of approximately **900 thousand HKD** and coupon income of approximately **1,400 thousand HKD** were recognized from Bank of East Asia securities during the interim period[69](index=69&type=chunk) - Profit attributable to owners of Bank of East Asia was **2,407,000 thousand HKD**, an increase of **14.1%** from the same period in 2024[70](index=70&type=chunk) - Net interest income decreased by **10.7%** to **7,344,000 thousand HKD**, with net interest margin narrowing by **22 basis points** to **1.88%**, primarily impacted by falling interest rates[70](index=70&type=chunk) [Other Important Matters](index=24&type=section&id=Other%20Important%20Matters) [Contingent Liabilities](index=24&type=section&id=Contingent%20Liabilities) As of the announcement date, June 30, 2025, and December 31, 2024, the Board was unaware of any significant contingent liabilities - The Board was not aware of any significant contingent liabilities[76](index=76&type=chunk) [Events After the Reporting Period](index=24&type=section&id=Events%20After%20the%20Reporting%20Period) The Company proposes a rights issue of up to 1,139,330,190 new shares at 0.12 HKD each, aiming to raise 136,700 thousand HKD (before expenses) for margin financing and general working capital - The Company proposes to issue up to **1,139,330,190** new shares via a rights issue at a subscription price of **0.12 HKD** per share to raise up to approximately **136,700 thousand HKD**[77](index=77&type=chunk) - Net proceeds from the rights issue, approximately **116,000 thousand HKD**, will be used for margin financing business, and **20,000 thousand HKD** for general working capital[77](index=77&type=chunk) - The results of the rights issue are expected to be announced on September 8, 2025[77](index=77&type=chunk) [Prospects](index=25&type=section&id=Prospects) The Group anticipates competitive corporate finance advisory, stable asset management income, a profitable H2 2025 launch for margin financing, and a cautious approach to money lending - Corporate finance advisory business faces intense competition, with Yu Ming focusing on contentious corporate finance transactions[80](index=80&type=chunk) - Asset management business provides a long-term stable revenue source, integrating resources from Yu Ming and Man Kee Securities to offer more comprehensive services[80](index=80&type=chunk) - Margin financing business will launch in the second half of **2025**, expected to be profitable and complementary to securities brokerage business[80](index=80&type=chunk) - Given the local economic slowdown, the money lending business will adopt a cautious approach[80](index=80&type=chunk) [Corporate Governance](index=25&type=section&id=Corporate%20Governance) The Company has an Audit Committee and complied with the Corporate Governance Code (Appendix C1) and Model Code for Securities Transactions by Directors (Appendix C3) during the interim period - The Company has established an Audit Committee and reviewed the **2025** interim results report[81](index=81&type=chunk) - The Company complied with all applicable code provisions of the Corporate Governance Code set out in Appendix C1 of the Listing Rules during the interim period[82](index=82&type=chunk) - All Directors complied with the Model Code for Securities Transactions by Directors set out in Appendix C3 of the Listing Rules during the interim period[83](index=83&type=chunk) [Audit Committee](index=25&type=section&id=Audit%20Committee) The Audit Committee reviewed financial reporting and the 2025 interim results, relying on external auditor's review and management's statements - The Audit Committee reviewed financial reporting matters and the **2025** interim results report, including the interim condensed consolidated financial statements[81](index=81&type=chunk) - The Audit Committee relied on the review results by the external auditor in accordance with Hong Kong Standard on Review Engagements **2410** and management's representations[81](index=81&type=chunk) [Compliance with Code Provisions of Corporate Governance Code](index=25&type=section&id=Compliance%20with%20Code%20Provisions%20of%20Corporate%20Governance%20Code) The Company complied with all applicable code provisions and principles of the Corporate Governance Code (Appendix C1 of Listing Rules) during the interim period - The Company complied with all applicable code provisions of the Corporate Governance Code set out in Appendix C1 of the Listing Rules and applied the relevant principles during the interim period[82](index=82&type=chunk) [Model Code for Securities Transactions by Directors](index=26&type=section&id=Model%20Code%20for%20Securities%20Transactions%20by%20Directors) The Company adopted and confirmed compliance by all Directors with the Model Code for Securities Transactions (Appendix C3 of Listing Rules) during the interim period - The Company adopted the Model Code set out in Appendix C3 of the Listing Rules as the code of conduct for Directors' securities transactions[83](index=83&type=chunk) - Following enquiry, the Company confirmed that all Directors complied with the requirements set out in the Model Code during the interim period[83](index=83&type=chunk) [Purchase, Sale or Redemption of the Company's Listed Securities](index=26&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company%27s%20Listed%20Securities) Neither the Company nor its subsidiaries purchased, sold, or redeemed any listed securities or transferred treasury shares during the interim period - Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the interim period[84](index=84&type=chunk) - Neither the Company nor any of its subsidiaries sold or transferred treasury shares as defined by the Listing Rules during the interim period[84](index=84&type=chunk)

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1073) N O T I F I C AT I O N L E T T E R 通 知 信 函 If the Company does not receive your functional email address from the Intermediaries, until such time that the functional email address is provided to the Intermediaries, you will (i) be unable to receive any notifications regarding the publication of Corporate Communications (especially the Actionable Corporate Communications); and (ii) need to proactively check t ...

The Current Corporate Communications of the Company have been published in English and Chinese languages and are available on the websites of the Company (www.irasia.com/listco/hk/dayufinancial) and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (www.hkexnews.hk). If you have any difficulty in receiving or gaining access to the Current Corporate Communications posted on the Company's website for any reason, please send your request (specifying your name, address and request) by email at dayu ...

(Stock Code: 1073) (Incorporated in the Cayman Islands with limited liability) ONE FOR TWO RIGHTS ISSUE ON A NON-UNDERWRITTEN BASIS AT THE SUBSCRIPTION PRICE OF HK$0.12 PER RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE BY NO LATER THAN 4:00 P.M. ON MONDAY, 1 SEPTEMBER 2025 Share registrar and transfer office: Computershare Hong Kong Investor Services Limited Shops 1712-1716, 17th Floor Hopewell Centre 183 Queen's Road East Wanchai, Hong Kong Excess Application Form No. + + EXCESS APPLICATION FORM Name(s) and a ...

閣下如對本暫定配額通知書任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀、持牌證券交易商或註冊證券機構、銀行經理、律師、 專業會計師或其他專業顧問。 To be valid, the whole of this Provisional Allotment Letter must be returned. 本暫定配額通知書必須整份交還，方為有效。 IMPORTANT 重要提示 Reference is made to the prospectus issued by Da Yu Financial Holdings Limited (the "Company") dated 18 August 2025 in relation to the Rights Issue (the "Prospectus"). The PAL and EAF should be read in conjunction with the Prospectus. Capitalised terms used herein shall have the same meanings as those defined in the P ...