本月底法定/註冊股本總額： USD 500,000 FF301 第 1 頁 共 10 頁 v 1.1.1 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8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: 虎視傳媒有限公司 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) | 01163 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | USD | | 0.0005 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | ...

Core Viewpoint - Tiger Media (01163) reported a revenue of 154 million RMB for the six months ending June 30, 2025, representing an 18.1% year-on-year increase [1] - The company achieved a profit of 1.787 million RMB during the period, marking a turnaround from a loss to profitability [1] - Basic earnings per share were reported at 0.02 RMB [1] Financial Performance - Revenue for the period was 154 million RMB, up 18.1% compared to the previous year [1] - The company recorded a profit of 1.787 million RMB, indicating a recovery from previous losses [1] - Basic earnings per share stood at 0.02 RMB [1]

Core Viewpoint - Tiger Media (01163) reported a revenue of 154 million RMB for the six months ending June 30, 2025, representing an 18.1% year-on-year increase [1] Financial Performance - The company achieved a profit of 1.787 million RMB during the period, marking a turnaround from a loss to profitability [1] - Basic earnings per share were reported at 0.02 RMB [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，概不就因本公告全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 本公告載有涉及風險及不明確因素的前瞻性陳述。除過往事實陳述以外的所有陳述均為前瞻 性陳述。該等陳述涉及已知及未知的風險、不明確及其他因素，當中部分並非本公司所能控 制，且可導致實際業績、表現或成果與該等前瞻性陳述所明示或暗示者存在重大差異。 閣 下不應依賴前瞻性陳述作為未來事件的預測。本公司概不承擔任何更新或修訂任何前瞻性陳 述的責任，無論是否由於新資料、未來事件或其他因素所致。 ADTIGER CORPORATIONS LIMITED 虎視傳媒有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1163） 截至二零二五年六月三十日止六個月之 中期業績公告 董事會謹此公佈本集團於報告期內之未經審核簡明綜合中期業績，連同先前 期間之比較數字。於本公告內，「我們」及「我們的」指本公司，倘文義另有所指， 則指本集團。 財務摘要 中期股息 董事會已議決不就報告期宣派任何中期股息（先前期間：無）。 – 1 – ...

ADTIGER CORPORATIONS LIMITED 虎視傳媒有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1163） 董事會會議日期 虎視傳媒有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司董事會會 議謹訂於二零二五年八月二十六日（星期二）舉行，藉以（其中包括）考慮及批 准本公司及其附屬公司截至二零二五年六月三十日止六個月之未經審核綜合 財務業績以供發佈，及考慮宣派中期股息（如有）。 代表 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，概不就因本公告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。 虎視傳媒有限公司 主席、行政總裁及執行董事 常素芳 香港，二零二五年八月十四日 於本公告日期，董事會包括兩名執行董事，即常素芳女士及李慧女士；一名非執行董事，即 鄭琪先生；及三名獨立非執行董事，即姚亞平先生、陳歡先生及張耀亮先生。 ...

Group 1 - The Hang Seng Index rose by 0.68% to close at 24,902.53 points on August 5 [1] - Tiger Media (01163.HK) closed at HKD 0.152 per share, up 9.35%, with a trading volume of 232,500 shares and a turnover of HKD 31,600 [1] - Over the past month, Tiger Media has seen a cumulative increase of 6.92%, and a year-to-date increase of 36.27%, outperforming the Hang Seng Index's 23.3% rise [1] Group 2 - For the fiscal year ending December 31, 2024, Tiger Media reported total revenue of HKD 303 million, a year-on-year increase of 3.13% [1] - The company recorded a net profit attributable to shareholders of HKD -4.24 million, reflecting a year-on-year growth of 61.01% [1] - The gross profit margin stood at 17.68%, while the debt-to-asset ratio was 72.49% [1] Group 3 - Currently, there are no institutional investment ratings for Tiger Media [1] - The average price-to-earnings (P/E) ratio for the media and entertainment industry is -13.67 times, with a median of -1.6 times [1] - Tiger Media's P/E ratio is -27.21 times, ranking 55th in the industry, compared to other companies like Huashi Group Holdings (01111.HK) at 2.17 times and Weibo-SW (09898.HK) at 6.75 times [1] Group 4 - Tiger Media provides global digital marketing solutions based on big data and algorithm analysis, catering to brand promotion, customer acquisition, and monetization needs [2] - The company has extensive marketing experience across various fields, including gaming, e-commerce, apps, and entertainment, aiming to enhance brand influence and target consumers globally [2] - Its self-developed technology platform allows for more efficient and diversified creative output, with automated rules matching high-conversion media placements to reduce marketing costs [2]

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 | 新提交 | | --- | | 截至月份: 2025年7月31日 狀態: | 致：香港交易及結算所有限公司 公司名稱: 虎視傳媒有限公司 呈交日期: 2025年8月5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) | 01163 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | USD | | 0.0005 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 1,000,000,000 | USD | | 0.0005 | USD | | 500,000 ...

Advertising and Partnerships - The company established a diverse group of advertisers from various industries, including e-commerce, media, finance, and education, to adapt to the rapidly changing advertising industry [8]. - The company is a partner in multiple advertising programs, including Google AdWords Reseller Programme and Meta's China agency partnership, enhancing its media coverage and advertising optimization capabilities [9]. - The company has expanded its media partnerships and continues to improve advertising returns for its clients [10]. - The company continues to enhance its strategic partnerships with major media publishers such as Meta, Google, and TikTok to optimize advertising placements [22]. - The company has been recognized as a quality partner by Meta for six consecutive years and has received multiple accolades for its digital marketing impact [11]. Financial Performance - For the fiscal year ending December 31, 2024, the company reported revenue of RMB 303,365,000, representing a 3.1% increase from RMB 294,157,000 in 2023 [18]. - The gross profit for the same period was RMB 53,621,000, a decrease of 3.9% compared to RMB 55,801,000 in 2023 [18]. - The net loss for the year was RMB 4,830,000, a significant improvement of 57.9% from a loss of RMB 11,464,000 in 2023 [18]. - Total assets increased to RMB 709,318,000 in 2024, up from RMB 670,661,000 in 2023, marking a growth of approximately 5.3% [21]. - Total liabilities rose to RMB 514,189,000 in 2024, compared to RMB 474,542,000 in 2023, reflecting an increase of about 8.3% [21]. Advertising Optimization and Technology - The proprietary advertising optimization management platform, AdTensor, has been significantly upgraded with new AI GPU clusters, enhancing computational power and scalability [14]. - The company plans to increase R&D investment in AI, big data analysis, and automation technologies to optimize advertising performance and explore new business growth opportunities [14]. - The company has integrated advanced AI technologies into its AdTensor platform, enhancing video production efficiency and quality [28]. - The company has developed an AI automatic editing feature that significantly reduces the time required for video editing from hundreds of hours to just one minute [28]. - The company aims to combine technology-based materials with real-person filming to enhance production efficiency and quality for brands expanding overseas [29]. Awards and Recognition - The company received several awards in 2024, including the New Business Powerhouse Award from Outbrain and recognition as a leading partner by Kwai for Business [13]. - The company has been awarded various industry recognitions, including the 2023 Marketing Awards and the IAI International Advertising Awards [11]. - The company has been recognized with multiple awards, including the 2024 New Business Powerhouse Award from Outbrain and the 2024 Excellence in Overseas Advertising Growth Award from Microsoft [24][26]. Employee and Management - The total number of employees as of December 31, 2024, is 145, with a gender distribution of 43 males and 102 females [193]. - The employee turnover rate for the year ending December 31, 2024, is 31%, with a total of 45 employees leaving the company [197]. - The company emphasizes work-life balance by providing monthly team activity funding for employees [200]. - The executive director, Ms. Chang, has approximately 15 years of experience in advertising, marketing, and technology, contributing to the company's strategic planning and operations [77]. - Ms. Li, the senior vice president, has over 15 years of experience in online marketing services, overseeing marketing and new customer development [79]. Corporate Governance - The company has a commitment to high standards of corporate governance to protect shareholder interests and enhance corporate value and accountability [94]. - The company has complied with all mandatory provisions of the corporate governance code during the year, except for a deviation disclosed in the report [94]. - The board consists of 2 executive directors, 1 non-executive director, and 3 independent non-executive directors [102]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee [112]. - The board is responsible for reviewing and monitoring compliance with legal and regulatory requirements [111]. Environmental, Social, and Governance (ESG) - The company is committed to sustainable development and integrates environmental management into its business decisions, focusing on stakeholder engagement [165]. - The total greenhouse gas emissions for the year ending December 31, 2024, decreased to 29.17 tons of CO2 equivalent from 43.96 tons in 2023, representing a reduction of approximately 33.7% [174]. - The company has implemented a green office initiative to minimize waste generation and maximize resource utilization [178]. - The company encourages employee participation in environmental activities, such as recycling workshops and sustainability practices, to promote a culture of sustainability [187]. - The board of directors is responsible for overseeing ESG matters and has formed a working group to assist in implementing related strategies [167].

Financial Performance - The company's revenue for the year ended December 31, 2024, was RMB 303,365,000, representing a 3.1% increase from RMB 294,157,000 in 2023[5] - Gross profit decreased by 3.9% to RMB 53,621,000 in 2024, down from RMB 55,801,000 in 2023[5] - The net loss for the year improved significantly by 57.9%, amounting to RMB 4,830,000 compared to RMB 11,464,000 in the previous year[5] - Total revenue increased by approximately RMB 9.2 million or 3.1% to RMB 303.4 million, primarily driven by an increase in CPA pricing model revenue[15] - Revenue from the CPA pricing model reached RMB 243.5 million, accounting for 80.3% of total revenue, while CPC/CPM pricing model revenue was RMB 59.9 million, representing 19.7%[14] - The financial sector contributed RMB 114.7 million or 37.8% to total revenue, followed by e-commerce at RMB 101.1 million or 33.3%[14] - Gross profit decreased to RMB 53.6 million with a gross margin of 17.7%, down from 19.0% in the previous year[19] - Other income increased by approximately RMB 4.2 million or 69.2% to RMB 10.3 million, attributed to more effective cash utilization through flexible allocation of short-term deposits[20] - The company recorded a tax credit of approximately RMB 1.5 million this year, compared to RMB 1.8 million last year, mainly due to a narrowing net loss[24] - The company reported a loss of approximately RMB 4.8 million this year, an improvement from a loss of approximately RMB 11.5 million in the previous year[25] - The return on equity improved to -2.5% from -5.8% year-on-year, while the total asset return also improved to -0.7% from -1.7%[44] Operational Metrics - The number of advertisers increased to 1,332 in 2024, up from 785 in 2023, indicating a growth of 69.5%[9] - Advertiser spending reached approximately RMB 3.1 billion, a growth of about 14.8% from approximately RMB 2.7 billion in the previous year[9] - The number of media publishers from which the company purchased advertising inventory decreased to 37 in 2024 from 50 in 2023, reflecting a strategic focus on optimizing partnerships[9] - Total sales cost rose by approximately RMB 11.4 million or 4.8% to RMB 249.7 million, mainly due to increased traffic acquisition costs[17] - Sales and distribution expenses rose by approximately RMB 0.3 million or 2.7% to RMB 12.2 million, driven by increased salaries and bonuses for sales and marketing personnel[21] - Total employee costs amounted to approximately RMB 38.8 million this year, down from RMB 43.0 million last year, reflecting a reduction in workforce due to underperformance in game projects[27] Cash Flow and Assets - Cash and cash equivalents increased by approximately RMB 36.6 million from RMB 358.5 million to RMB 395.1 million as of December 31, 2024, primarily due to the withdrawal of fixed deposits[31] - Net cash flow from operating activities was a negative RMB 13.9 million this year, compared to a positive RMB 62.6 million last year, indicating a decline in operational cash generation[39] - The net cash flow from operating activities changed from a net inflow of approximately RMB 62.6 million to a net outflow of approximately RMB 13.9 million, primarily due to increased trade receivables as a result of offering longer payment terms to customers in a competitive market[40] - The net cash flow from investing activities increased by approximately 287.0%, mainly due to the withdrawal of fixed deposits during the reporting period[40] - The net cash flow from financing activities changed from a net inflow of approximately RMB 9.2 million to a net outflow of approximately RMB 2.4 million, primarily due to funds received from a placement in the previous year[40] - Current assets increased from RMB 645,877,000 in 2023 to RMB 692,099,000 in 2024, representing an increase of about 7.1%[52] - Trade receivables rose significantly from RMB 178,107,000 in 2023 to RMB 227,049,000 in 2024, an increase of approximately 27.4%[52] - Cash and cash equivalents increased from RMB 358,466,000 in 2023 to RMB 395,103,000 in 2024, reflecting a growth of about 10.2%[52] - Total liabilities increased from RMB 473,572,000 in 2023 to RMB 514,020,000 in 2024, marking an increase of approximately 8.5%[52] Strategic Initiatives - The company has restructured its AdTensor technology platform, enhancing computational power and scalability with a new AI GPU cluster[10] - Advanced AI technologies, including generative AI and large language models, have been integrated into the AdTensor platform to improve video production workflows[11] - The company aims to expand its media publisher network to include a mix of top-tier and mid-tail publishers with international influence[9] - The company maintains a cautious optimism towards exploring new business growth points and opportunities in emerging overseas markets[12] - The company aims to enhance data collection, analysis, and application to shift from experience-driven to data-driven decision-making[94] - The company plans to strengthen its global marketing services, including performance advertising, influencer marketing, and video advertising production[94] - AI technology will be a core competitive advantage, with investments in algorithm and system architecture for applications in video models and virtual shooting[95] - The company will focus on cross-industry collaboration and ecosystem building to explore new marketing models and growth points[94] - The company will actively expand into international markets while tailoring marketing strategies to local cultural and consumer behavior differences[94] Governance and Compliance - The company has adopted a corporate governance code and believes it has complied with all mandatory disclosure requirements[98] - The company did not apply for or obtain any bank financing during the year, with no outstanding debt securities or loans as of December 31, 2024[43] - The company has not declared or paid any dividends since its incorporation[78] - The board of directors has approved a share incentive plan to attract and retain talent[118] - The company is taking a cautious approach to acquisitions due to the impact of the global economic downturn[104] Shareholder Matters - The company will hold its annual general meeting on June 10, 2025, to discuss shareholder matters[110] - The company will suspend share transfer registration from June 5 to June 10, 2025, to determine eligible shareholders for the annual general meeting[111] - The company plans to issue 124,500,000 shares at a placement price of HKD 0.104 per share in May 2023[115] - A subsequent placement of 149,400,000 shares is scheduled for January 2025 at a price of HKD 0.090 per share[116] - The company entered into a placement agreement with Golden Dragon Securities Limited to issue up to 149,400,000 shares at a price of HKD 0.09 per share, raising approximately HKD 13.12 million[93] - The placement represents about 16.7% of the company's enlarged issued share capital following the completion of the placement[93]

Advertising and Client Expansion - In 2023, AdTiger expanded its advertising client base across various industries, including e-commerce, media, finance, and education, adapting to rapid changes in advertising demand[8]. - The company became an official partner of Microsoft Advertising in 2023, enhancing its media coverage and advertising services[9]. - AdTiger's advertising services include performance advertising, influencer marketing, brand public relations, and video advertising production, targeting global clients[12]. - The company has established partnerships with top media publishers like Meta, Google, and TikTok, allowing clients to optimize their advertising campaigns[9]. - AdTiger's media partnerships have been recognized with various accolades, including being named a certified partner for Snapchat and TikTok Ads[10]. - The company plans to expand its media publisher network to include a mix of top-tier and mid-tail publishers with international influence[10]. Technological Advancements - AdTiger's proprietary advertising optimization platform, AdTensor, underwent significant technological upgrades, including the integration of AI GPU clusters and advanced AI voice technology[12]. - The introduction of AI-driven features in the AdTensor platform has significantly enhanced video editing efficiency, allowing for rapid content creation[28]. - The company plans to enhance its advertising formats and materials, focusing on the development and maintenance of AdTensor, in response to increasing demand from advertisers and media publishers[72]. - The company is committed to increasing R&D investment, particularly in AI, big data analytics, and automation technologies[72]. Financial Performance - The company's revenue for the year ended December 31, 2023, was RMB 294,157,000, a decrease of 17.1% compared to RMB 354,646,000 in 2022[17]. - Gross profit for the same period was RMB 55,801,000, down 9.6% from RMB 61,729,000 in the previous year[17]. - The company reported a net loss of RMB 11,464,000 for 2023, a significant decline of 225.6% compared to a profit of RMB 9,128,000 in 2022[17]. - Total assets increased to RMB 670,661,000 in 2023 from RMB 620,812,000 in 2022, reflecting a growth of 8.4%[21]. - Total liabilities rose to RMB 474,542,000 in 2023, up from RMB 427,051,000 in 2022, indicating an increase of 11.1%[21]. - Total sales costs decreased by approximately RMB 54.5 million or 18.6% to about RMB 238.4 million, mainly due to reduced traffic acquisition costs[35]. - The gross profit margin improved to 19.0% from 17.4% year-on-year, with total gross profit amounting to RMB 55.8 million[37]. Market and Revenue Insights - Advertiser spending reached approximately RMB 2.7 billion in 2023, a significant increase of 42.1% compared to RMB 1.9 billion in the previous year[25]. - The number of advertisers increased to 785 in 2023 from 675 in 2022, representing a growth of 16.3%[25]. - Revenue from the CPA pricing model was RMB 230.0 million, accounting for 78.2% of total revenue, while CPC/CPM pricing model revenue was RMB 64.1 million, representing 21.8%[32]. - The financial sector contributed RMB 110.7 million or 37.6% to total revenue, while e-commerce contributed RMB 102.4 million or 34.8%[32]. Strategic Growth and Future Plans - The company aims to explore strategic investments and acquisition opportunities to strengthen its product portfolio and enhance brand reputation[12]. - The company plans to expand its media publisher network, increasing the number of media publishers from 33 in 2022 to 50 in 2023[27]. - The company aims to enhance its global presence and explore opportunities in digital entertainment, online gaming, and the metaverse[13]. - The management has provided an optimistic outlook, forecasting a revenue growth of 20% for the next fiscal year[93]. - A strategic acquisition is in progress, which is projected to increase the company's customer base by 40%[93]. Corporate Governance and Management - The board consists of 2 executive directors, 1 non-executive director, and 3 independent non-executive directors, ensuring a diverse range of business experience and expertise[113]. - The company has implemented robust internal controls and risk management procedures to ensure operational efficiency and compliance[105]. - The company emphasizes the importance of board independence for good corporate governance and has confirmed that all independent non-executive directors are independent for the year[115]. - The company has established principles for determining individual director compensation, considering comparable company pay and responsibilities[135]. Environmental, Social, and Governance (ESG) Initiatives - The company has established an Environmental, Social, and Governance (ESG) working group to assist the board in monitoring and promoting ESG strategies[177]. - The total greenhouse gas emissions for the year 2023 amounted to 43.96 tons of CO2 equivalent, an increase from 28.35 tons in 2022, reflecting a 55% rise[188]. - The total energy consumption for 2023 was 75,572 kWh, up from 47,652 kWh in 2022, representing a 58.5% increase[195]. - The company aims to maintain or reduce total greenhouse gas emissions density in the next reporting year, using 2023 as the baseline[188]. - The company actively promotes green office practices to minimize waste generation and maximize resource utilization[193].