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10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: 源宇宙教育(國際)投資集團有限公司 呈交日期: 2025年11月5日 III.已發行股份及/或庫存股份變動詳情 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) | 01082 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 6,000,000,000 | | HKD | | 0.05 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.05 HKD | | 300,00 ...

Bradaverse Education (Int'l) Investments Group Limited 源宇宙教育（國際）投資集團有限公司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) （於開曼群島註冊成立及於百慕達存續之有限公司） (Stock Code 股份代號：1082) NOTIFICATION LETTER 通知信函 30 October 2025 Dear Non-registered Holder(s) (Note 1) , Bradaverse Education (Int'l) Investments Group Limited (the "Company") – Notice of Publication of Annual Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate ...

Bradaverse Education (Int'l) Investments Group Limited 源宇宙教育（國際）投資集團有限公司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) （於開曼群島註冊成立及於百慕達存續之有限公司） (Stock Code 股份代號：1082) NOTIFICATION LETTER 通知信函 30 October 2025 源 宇 宙 教 育（國 際）投 資 集 團 有 限 公 司（「本 公 司」） – 2025年 度 報 告（「本 次 公 司 通 訊」）之 刊 發 通 知 Dear Registered Shareholders, Bradaverse Education (Int'l) Investments Group Limited (the "Company") – Notice of Publication of Annual Report 2025 (the "Current Corporate Communication") Th ...

Financial Performance - For the year ended June 30, 2025, the Group recorded revenue of approximately HK$68.04 million, a decrease of approximately 44.38% compared to HK$122.32 million in 2024[12] - Loss attributable to owners of the Company for the Year amounted to approximately HK$51.65 million, compared to a loss of approximately HK$27.56 million in 2024[12] - Revenue from private educational services was approximately HK$29.86 million, slightly down from approximately HK$30.52 million in 2024[15] - Revenue from directly-owned education centres and non-profit making organisations was approximately HK$24.82 million, representing an increase of approximately 4.37% compared to HK$23.78 million in 2024[17] - Revenue contributed from franchised centres was approximately HK$4.28 million, an increase of approximately 9.74% compared to approximately HK$3.90 million in 2024[17] - Revenue from STEAM education services decreased by approximately 69.68% to about HK$0.57 million, down from approximately HK$1.88 million in the last financial year[20] - Revenue from VR product sales and related services was approximately HK$0.49 million, while gaming product sales generated approximately HK$34.16 million, compared to about HK$2.26 million and HK$87.10 million in 2024, respectively[21] - Revenue from secondary tutoring services decreased to approximately HK$0.18 million, a decline of approximately 81.25% from approximately HK$0.96 million in the previous year[66] - Revenue from primary tutoring services, skill courses, and test preparation courses increased to approximately HK$29.11 million, an increase of approximately 5.17% from approximately HK$27.68 million in the last financial year[66] Impairment and Losses - Impairment loss on trade receivables and contract assets was approximately HK$22.52 million, compared to a reversal of approximately HK$4.82 million in 2024[12] - The impairment loss on goodwill was approximately HK$13.15 million, compared to HK$Nil in 2024[12] - Impairment losses recognized for the year amounted to approximately HK$9.71 million, a significant increase from HK$998,000 in 2024, reflecting a deterioration in asset quality[43] - The Group's other income, gains, and losses recorded a net loss of approximately HK$39.61 million, primarily due to impairment losses totaling approximately HK$43.75 million[69] - Loss attributable to owners of the Company amounted to approximately HK$51.65 million, primarily due to fair value losses on financial assets and impairment losses on trade receivables and goodwill[84] Operational Changes and Strategies - The Group launched online classes and other online learning modes to adapt to changing educational needs[15] - The "Modern Education" Learning Centre was relocated and underwent refinement initiatives to enhance operational efficiency[16] - The Group is strategically repositioning for growth by integrating technologies into its products and expanding into new business divisions, reflecting a shift beyond traditional education services[85] - The Group's strategic realignment will enhance resource allocation towards STEAM education to meet significant demand in this field[20] Employee and Cost Management - Staff costs decreased by approximately HK$2.65 million or 8.67% to approximately HK$27.93 million, attributed to improved cost efficiency[70] - Tutor contractor fees increased by approximately HK$1.06 million or 42.74% to approximately HK$3.54 million, due to changes in workforce structure[71] - Employee costs decreased by approximately HK$2.65 million or 8.67% to approximately HK$27.93 million, attributed to improved cost efficiency from business optimization[75] - Marketing expenses decreased significantly by approximately HK$1.53 million or 56.46% to approximately HK$1.18 million, due to a shift to more cost-efficient advertising media[77] - Other operating expenses decreased by approximately HK$0.83 million or 9.76% to approximately HK$7.67 million, as a result of ongoing cost control measures[81] Financial Position and Ratios - The Group's total cash and cash equivalents as of June 30, 2025, amounted to approximately HK$1.54 million, a decrease from approximately HK$8.65 million in 2024[94] - The current ratio as of June 30, 2025, was approximately 1.61 times, down from approximately 6.04 times in 2024[94] - The gearing ratio increased to approximately 45.71% as of June 30, 2025, compared to approximately 24.16% in 2024[97] - Total interest-bearing borrowings as of June 30, 2025, were approximately HK$18,870,000, compared to HK$17,000,000 as of June 30, 2024[98] - The capital debt ratio as of June 30, 2025, was approximately 45.71%, an increase from 24.16% as of June 30, 2024[99] Risk Management and Compliance - The Group faces sourcing risk due to reliance on tutors for quality tutoring services, which may impact revenue if contracts are not renewed[145] - Business interruption risk is present as the Group rents education centers, and failure to renew leases could adversely affect operations[150] - The private tutoring industry is highly competitive, with a decrease in student numbers and an increase in small tutoring centers intensifying market competition[151] - Compliance with regulatory requirements is prioritized, with measures in place to minimize non-compliance risks[160] - The Group has adhered to the Listing Rules of The Stock Exchange of Hong Kong, ensuring proper disclosure and corporate governance[161] Corporate Governance and Social Responsibility - The Group is committed to environmental sustainability, promoting energy conservation and recycling practices in its operations[158] - The Group has complied with all relevant laws and regulations that have a significant impact on its business and operations during the Year[167] - The Group is committed to providing competitive remuneration packages and training for employees to enhance their career paths[171] - The Group regularly reviews its teaching materials to meet student demand and market trends, aiming for corporate sustainability[172] - The Group has established long-standing relationships with suppliers to ensure business sustainability and shared commitment to quality[173] Shareholder and Investment Information - The Board does not recommend the payment of a final dividend for the Year (2024: nil)[175] - The Group did not purchase, sell, or redeem any of its listed securities during the year[125] - As of June 30, 2025, the Group did not hold any treasury shares[125] - Significant investments under FVOCI included assets valued at 5% or more of the group's audited total assets, indicating a focus on maintaining substantial equity positions[55] - The Group's investment strategy for Convoy focuses on long-term holding to manage market fluctuations and potential volatility[60]

| 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) | 01082 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.05 | HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.05 | HKD | | 300,000,000 | 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 本月底法定/註冊股本總額： HKD 300,000,000 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: 源宇宙教育(國際)投資集團有 ...

Core Insights - Source Metaverse Education (01082.HK) reported a revenue of HKD 68.04 million for the year ending June 30, 2025, representing a year-on-year decline of 44.4% [1] - The company recorded a loss attributable to shareholders of HKD 51.645 million, which is an increase of 87.4% compared to the previous year [1] - Basic loss per share was HKD 0.08 [1] Financial Performance - The loss was primarily due to: - Fair value losses on financial assets amounting to approximately HKD 6.62 million, compared to HKD 17.41 million in 2024, driven by bearish sentiment in the Hong Kong and global stock markets affecting listed securities and private investments [1] - Impairment loss on goodwill of approximately HKD 13.15 million, whereas there was no impairment in 2024 [1] - Impairment losses on trade receivables and contract assets totaling approximately HKD 22.52 million, compared to a reversal of approximately HKD 4.82 million in 2024 [1] - Impairment losses on receivables amounting to approximately HKD 8.08 million, compared to approximately HKD 0.94 million in 2024, primarily based on a prudent approach considering the slow recovery of the Hong Kong economy leading to increased asset impairments [1]

Core Viewpoint - Yuan Universe Education (01082) reported a significant decline in revenue and an increase in losses for the fiscal year ending June 30, 2025, indicating challenges in the current economic environment and market conditions [1] Financial Performance - Revenue for the period was HKD 68.04 million, a year-on-year decrease of 44.4% [1] - Loss attributable to owners amounted to HKD 51.645 million, an increase of 87.4% compared to the previous year [1] - Basic loss per share was HKD 0.08 [1] Loss Breakdown - The loss was primarily due to: - Fair value losses on financial assets amounting to approximately HKD 6.62 million, compared to HKD 17.41 million in 2024, driven by bearish sentiment in the Hong Kong and global stock markets affecting listed securities and private investments [1] - Impairment loss on goodwill of approximately HKD 13.15 million, whereas there was no impairment in 2024 [1] - Impairment losses on trade receivables and contract assets totaling approximately HKD 22.52 million, compared to a reversal of approximately HKD 4.82 million in 2024 [1] - Impairment losses on receivables amounting to approximately HKD 8.08 million, compared to HKD 0.94 million in 2024, attributed to a cautious approach considering the slow recovery of the Hong Kong economy and increased asset impairments [1]

Financial Performance - The group recorded revenue of approximately HKD 68,040,000, a decrease of about 44.38% compared to the previous fiscal year's revenue of approximately HKD 122,320,000[4] - The loss attributable to the owners of the company was approximately HKD 51,650,000, compared to a loss of approximately HKD 27,560,000 in 2024[4] - The group reported a pre-tax loss of approximately HKD 62,161,000, compared to a pre-tax loss of approximately HKD 20,972,000 in the previous year[6] - The group did not recommend the payment of a final dividend for the year ending June 30, 2025, maintaining the previous year's dividend at zero[3] - The company reported a net loss attributable to shareholders of HKD 51,645,000 in 2025, compared to a loss of HKD 27,558,000 in 2024, indicating an increase in losses of 87.61%[29] - The fair value loss on financial assets recognized in profit or loss was approximately HKD 6,620,000, compared to HKD 17,410,000 in 2024[43] Assets and Liabilities - The current ratio was approximately 1.61, while the capital debt ratio was approximately 45.71%[3] - Total assets less current liabilities amounted to HKD 52,977,000, down from HKD 129,590,000 in the previous year[8] - The net value of current assets decreased to HKD 24,900,000 from HKD 90,234,000[8] - The group’s total liabilities increased to HKD 41,058,000 from HKD 17,898,000[7] - The group’s cash and bank balances decreased to HKD 1,541,000 from HKD 8,651,000[7] - The group’s equity attributable to owners decreased to HKD 56,082,000 from HKD 104,630,000[8] Revenue Breakdown - The total revenue for the year ending June 30, 2025, was HKD 68,040,000, with contributions from private education services (HKD 29,858,000), lending (HKD 2,520,000), and digital entertainment (HKD 35,662,000) [18] - Revenue from private education services was approximately HKD 29,860,000, slightly down from HKD 30,520,000 in 2024[44] - The company generated revenue of approximately HKD 24,820,000 from direct-operated education centers, an increase of about 4.37% from HKD 23,780,000 in 2024[46] - Revenue from franchised centers was approximately HKD 4,280,000, up about 9.74% from HKD 3,900,000 in 2024[46] - Revenue from STEAM education services decreased by approximately 69.68% to HKD 570,000 from HKD 1,880,000 in the previous fiscal year[47] - Revenue from VR product sales and related services was approximately HKD 490,000, while game product sales generated about HKD 34,160,000, down from HKD 2,260,000 and HKD 87,100,000 respectively in 2024[47] Impairment and Losses - The company reported a net impairment loss of HKD (22,516,000) on trade receivables for the year ending June 30, 2025[22] - Total losses from impairment of goodwill amounted to HKD 13,153,000 in 2025, with no such losses reported in 2024[24] - The impairment loss on loans receivable increased significantly to HKD 9,706,000 in 2025 from HKD 998,000 in 2024, an increase of 871.43%[35] - The company recognized an additional impairment loss of approximately HKD 9,710,000 for the year, compared to HKD 998,000 in 2024[54] Employee and Operational Costs - The total employee costs decreased to HKD 27,932,000 in 2025 from HKD 30,576,000 in 2024, a reduction of 8.57%[26] - Employee costs decreased by approximately HKD 2,650,000 or 8.67% to about HKD 27,930,000 due to improved cost efficiency from business optimization[69] - Tutor contractor fees increased by approximately HKD 1,060,000 or 42.74% to about HKD 3,540,000 as a result of changes in employee structure for operational flexibility[70] - Marketing expenses significantly decreased by approximately HKD 1,530,000 or 56.46% to about HKD 1,180,000 due to a shift to more cost-effective advertising media[71] - Other operating expenses decreased by approximately HKD 830,000 or 9.76% to about HKD 7,670,000, primarily due to ongoing cost control and operational efficiency measures[72] Corporate Governance and Compliance - The company has adopted the corporate governance code and has complied with all provisions, except for the vacancies in the CEO and Chairman positions since November and December 2017, respectively[95] - The audit committee has reviewed the accounting principles and the audited consolidated performance for the year[101] - The auditors have agreed to the financial statements and related notes included in the performance announcement, but do not provide any guarantees[102] Strategic Direction - The group aims to diversify revenue sources by integrating technology into products and developing new business sectors, including AI-enhanced educational services[75] - The group plans to expand into high-end technology education and solutions, focusing on aerospace, AI, and chip technology[76] Legal and Contingent Liabilities - The company is currently involved in multiple lawsuits, with the outcomes still uncertain and potentially impacting financial status[100] - The group has no significant contingent liabilities as of June 30, 2025, and June 30, 2024[87]

Core Viewpoint - The company, Yuan Universe Education, anticipates a significant increase in losses for the fiscal year ending June 30, 2025, projecting a loss attributable to shareholders of at least approximately HKD 51.65 million, compared to a loss of about HKD 27.56 million for the same period in 2024 [1] Financial Performance - The projected loss for the fiscal year ending June 30, 2025, includes an impairment loss of approximately HKD 13.15 million related to goodwill [1] - The company expects a further impairment loss of about HKD 22.52 million on trade receivables and contract assets for the same fiscal year [1] - Additionally, an impairment loss of approximately HKD 8.08 million is anticipated on loan receivables for the fiscal year ending June 30, 2025 [1] Economic Context - The board attributes the expected losses primarily to increased asset impairments, considering the slow recovery of the economic environment in Hong Kong [1]

Core Viewpoint - The company expects to incur a significant loss of at least approximately HKD 51.65 million for the fiscal year ending June 30, 2025, compared to a loss of about HKD 27.56 million for the same period in 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated loss for the fiscal year ending June 30, 2025, is projected to be at least HKD 51.65 million, which is an increase from the loss of approximately HKD 27.56 million in the previous year [1] - The board attributes the expected loss primarily to asset impairment, including goodwill impairment losses of approximately HKD 13.15 million [1] Asset Impairment - The company expects trade receivables and contract assets impairment losses to be around HKD 22.52 million for the fiscal year ending June 30, 2025 [1] - Loan receivables impairment losses are anticipated to be approximately HKD 8.08 million for the same period [1] Economic Environment - The board highlights that the increase in losses is mainly due to heightened asset impairments, considering the slow recovery of the economic environment in Hong Kong [1]