Fortior Technology (Shenzhen) Co., Ltd. 峰岹科技（深圳）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 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之內容概不負 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依賴該等內容而引致之任何損失承擔任何責任。 （股份代號：1304) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列 峰 岹 科 技（ 深 圳 ）股 份 有 限 公 司（「 本公司 」）於 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)所刊發的公告，僅供參考。 承董事會命 峰 岹 科 技（深 圳）股 份 有 限 公 司 董事長 畢 磊 香港，2025年9月8日 於 本 公 告 日 期，本 公 司 董 事 為：(i)執 行 董 事 畢 磊 先 生 及 畢 超 博 士，及(ii)獨立非 執行董事林明耀博士、牛雙霞博士及陳井陽先生。 证券代码：688279 证券简称：峰岹科技 公告编号：2025-054 峰岹科技（深圳）股份有限公司 第 ...

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: 峰岹科技(深圳)股份有限公司 備註： FF301 第 1 頁 共 11 頁 v 1.1.1 本公司乃於中華人民共和國註冊成立的股份有限公司。 FF301 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 | H | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01304 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 21,556,000 | RMB | | 1 RMB | | 21,556,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 21,556,000 | RMB ...

Core Viewpoint - FORTIOR's stock price dropped over 5% following the release of its mid-year results for 2025, reflecting market reaction to mixed financial performance [1] Financial Performance Summary - Revenue for the period reached approximately 375 million HKD, representing a year-on-year increase of 32.8% [1] - Gross profit was about 195 million HKD, showing a year-on-year growth of 31.1% [1] - Net profit amounted to 116.5 million HKD, which is a decline of 4.5% compared to the previous year [1] - Basic earnings per share were reported at 1.26 HKD [1] Factors Influencing Performance - The decrease in net profit was primarily attributed to the implementation of a restricted stock incentive plan in November 2024, which led to an increase in share-based payment expenses by approximately 32 million HKD during the reporting period [1] - Excluding this factor, the group's profit would have shown a year-on-year increase of 18.7% [1]

Core Viewpoint - FORTIOR's stock price dropped over 5% following the release of its mid-year results for 2025, reflecting market reaction to mixed financial performance [1] Financial Performance Summary - Revenue for the period reached approximately 375 million HKD, representing a year-on-year increase of 32.8% [1] - Gross profit was about 195 million HKD, showing a year-on-year growth of 31.1% [1] - Net profit amounted to 116.5 million HKD, which is a decline of 4.5% compared to the previous year [1] - Basic earnings per share were reported at 1.26 HKD [1] Factors Influencing Performance - The decrease in net profit was primarily attributed to the implementation of a restricted stock incentive plan in November 2024, which led to an increase in share-based payment expenses by approximately 32 million HKD during the reporting period [1] - Excluding this factor, the group's profit would have shown a year-on-year increase of 18.7% [1]

Core Viewpoint - FORTIOR (01304) reported a 32.8% year-on-year increase in revenue for the first half of 2025, amounting to approximately 375 million yuan, despite a 4.5% decline in net profit due to increased share-based payment expenses related to a stock incentive plan [1] Financial Performance - Revenue reached approximately 375 million yuan, reflecting a year-on-year growth of 32.8% [1] - Gross profit was about 195 million yuan, showing a year-on-year increase of 31.1% [1] - Net profit stood at 116.5 million yuan, which is a 4.5% decrease compared to the previous year [1] - Basic earnings per share were reported at 1.26 yuan [1] Adjusted Performance - Excluding the impact of the increased share-based payment expenses, the group's profit would have increased by 18.7% year-on-year [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之內容概不負 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依賴該等內容而引致之任何損失承擔任何責任。 Fortior Technology (Shenzhen) Co., Ltd. 峰岹科技（深圳）股份有限公司 董事長 畢 磊 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 香港，2025年8月27日 茲載列 峰 岹 科 技（ 深 圳 ）股 份 有 限 公 司（「 本公司 」）於 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)所刊發的公告，僅供參考。 於 本 公 告 日 期，本 公 司 董 事 為：(i)執 行 董 事 畢 磊 先 生 及 畢 超 博 士，及(ii)獨立非 執行董事林明耀博士、牛雙霞博士及陳井陽先生。 承董事會命 （於中華人民共和國註冊成立的股份有限公司） 峰 岹 科 技（深 圳）股 份 有 限 公 司 （股份代號：1304) 海外監管公告 一、 会议召开情况 峰岹科技（深圳）股份有限公司 第二届监事会第二十次会议决议公告 本公司监事会及全体 ...

Core Viewpoint - Fortior (01304.HK) reported a revenue increase of 32.8% for the six months ending June 30, 2025, compared to the same period in 2024, reaching approximately RMB 375.0 million, while net profit decreased by 4.5% to approximately RMB 116.5 million due to increased share-based payment expenses related to the 2024 restricted stock incentive plan [1][1][1] Financial Performance - Revenue for the six months ending June 30, 2025, was approximately RMB 375.0 million, up from approximately RMB 282.3 million in 2024, marking a 32.8% increase [1] - Net profit for the same period was approximately RMB 116.5 million, down from approximately RMB 122.0 million in 2024, reflecting a 4.5% decline [1] - Excluding the impact of increased share-based payment expenses, net profit would have shown an 18.7% year-on-year growth [1]

Core Insights - Fortior (01304) reported a mid-year performance for 2025, with revenue approximately 375 million, representing a year-on-year increase of 32.8% [1] - Gross profit was around 195 million, showing a year-on-year growth of 31.1% [1] - Net profit stood at 116.5 million, reflecting a year-on-year decline of 4.5%, with basic earnings per share at 1.26 [1] - The decrease in net profit was primarily due to the implementation of a restricted stock incentive plan in November 2024, which led to an increase in share-based payment expenses by approximately 32 million year-on-year; excluding this factor, the group's profit would have increased by 18.7% year-on-year [1] Financial Performance - Revenue: Approximately 375 million, up 32.8% year-on-year [1] - Gross Profit: Approximately 195 million, up 31.1% year-on-year [1] - Net Profit: 116.5 million, down 4.5% year-on-year [1] - Basic Earnings Per Share: 1.26 [1] Incentive Plan Impact - The restricted stock incentive plan implemented in November 2024 resulted in an increase of share-based payment expenses by approximately 32 million year-on-year [1] - Adjusted for this expense, the group's profit would have shown an increase of 18.7% year-on-year [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之內容概不負 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依賴該等內容而引致之任何損失承擔任何責任。 Fortior Technology (Shenzhen) Co., Ltd. 峰岹科技（深圳）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1304) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列 峰 岹 科 技（ 深 圳 ）股 份 有 限 公 司（「 本公司 」）於 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)所刊發的公告，僅供參考。 承董事會命 峰 岹 科 技（深 圳）股 份 有 限 公 司 董事長 畢 磊 香港，2025年8月27日 於 本 公 告 日 期，本 公 司 董 事 為：(i)執 行 董 事 畢 磊 先 生 及 畢 超 博 士，及(ii)獨立非 執行董事林明耀博士、牛雙霞博士及陳井陽先生。 证券代码：688279 证券简称：峰岹科技 公告编号：2025-051 峰岹科技（深圳）股份有限公司 ...

Summary [2025 First Half Performance Overview](index=1&type=section&id=2025%E5%B9%B4%E4%B8%8A%E5%8D%8A%E5%B9%B4%E4%B8%9A%E7%BB%A9%E6%A6%82%E8%A7%88) Fortior Technology's H1 2025 revenue and gross profit increased, but profit decreased due to share-based payments; no interim dividend Performance Highlights | Indicator | H1 2025 (RMB million) | H1 2024 (RMB million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 375.0 | 282.3 | 32.8% | | Gross Profit | 194.6 | 148.4 | 31.1% | | Profit | 116.5 | 122.0 | -4.5% | - The decrease in profit was primarily due to the restricted share incentive plan implemented in November 2024, with share-based payments increasing by approximately **RMB 32.0 million** year-on-year during the reporting period; excluding this impact, profit would have increased by **18.7%** year-on-year[2](index=2&type=chunk) - The Board recommended no interim dividend for the six months ended June 30, 2025[2](index=2&type=chunk) Financial Performance [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) H1 2025 revenue and gross profit grew, but profit for the period decreased due to higher income tax, with basic EPS at **RMB 1.26** Condensed Consolidated Statement of Profit or Loss | Indicator (RMB thousand) | H1 2025 | H1 2024 | YoY Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 375,040 | 282,324 | 32.8% | | Cost of sales | (180,448) | (133,931) | 34.7% | | Gross Profit | 194,592 | 148,393 | 31.1% | | Other income and gains | 39,183 | 38,737 | 1.2% | | Selling and distribution expenses | (17,012) | (8,316) | 104.6% | | Administrative expenses | (21,890) | (13,158) | 66.4% | | Research and development costs | (70,710) | (40,194) | 75.9% | | Profit Before Tax | 121,801 | 124,101 | -1.85% | | Income tax expense | (5,290) | (2,080) | 154.3% | | Profit for the Period | 116,511 | 122,021 | -4.5% | Earnings Per Share | Indicator | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Basic Earnings Per Share | RMB 1.26 | RMB 1.32 | | Diluted Earnings Per Share | RMB 1.25 | RMB 1.32 | [Condensed Consolidated Statement of Financial Position](index=5&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) Total assets increased to **RMB 2,742.1 million** as of June 30, 2025, driven by current assets; net assets and total equity also grew Condensed Consolidated Statement of Financial Position Highlights | Indicator (RMB thousand) | June 30, 2025 | December 31, 2024 | Change (%) | | :--- | :--- | :--- | :--- | | Total non-current assets | 804,927 | 1,013,070 | -20.55% | | Total current assets | 1,937,173 | 1,636,181 | 18.40% | | Total current liabilities | 88,305 | 78,954 | 11.84% | | Total non-current liabilities | 15,309 | 17,362 | -11.83% | | Net Assets | 2,638,486 | 2,552,935 | 3.35% | | Total Equity | 2,638,486 | 2,552,935 | 3.35% | - The decrease in total non-current assets was primarily due to debt investments at fair value (negotiable certificates of deposit) decreasing from **RMB 794,344 thousand** to **RMB 546,727 thousand**[6](index=6&type=chunk)[33](index=33&type=chunk) - The increase in total current assets was mainly driven by financial assets at fair value increasing from **RMB 824,396 thousand** to **RMB 914,434 thousand**, and debt investments at fair value increasing from **RMB 181,818 thousand** to **RMB 513,861 thousand**[6](index=6&type=chunk)[33](index=33&type=chunk)[38](index=38&type=chunk) Notes to the Financial Statements [Company Information and Accounting Policies](index=8&type=section&id=1.%20Company%20Information) Fortior Technology, listed on STAR Market in 2022, commenced H-share listing on HKEX on July 9, 2025, focusing on BLDC motor drive control; financials under IAS 34 - The Company's H shares have been listed on the Main Board of the Stock Exchange of Hong Kong (stock code: 01304) since July 9, 2025[9](index=9&type=chunk) - The Group is principally engaged in the development and commercialization of BLDC (Brushless Direct Current) motor drive control and drive products and solutions[9](index=9&type=chunk) - The condensed consolidated interim financial information has been prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' and on a historical cost basis, with certain financial assets measured at fair value[10](index=10&type=chunk) [Operating Segment Information](index=9&type=section&id=3.%20Operating%20Segment%20Information) The company operates as a single business unit focused on BLDC motor drive control and solutions, with **92.18%** of H1 2025 revenue from mainland China, and major customers A and B contributing a significant portion of total revenue - The Group operates as a single business unit based on its products, primarily engaged in the development and commercialization of BLDC motor drive control and drive products and solutions[13](index=13&type=chunk) Revenue by Geographical Region | Region | H1 2025 (RMB thousand) | H1 2024 (RMB thousand) | 2025 Share (%) | | :--- | :--- | :--- | :--- | | Mainland China | 345,722 | 262,818 | 92.18% | | Other Countries/Regions | 29,318 | 19,506 | 7.82% | | **Total Revenue** | **375,040** | **282,324** | **100%** | Revenue from Major Customers | Major Customer | H1 2025 (RMB thousand) | H1 2024 (RMB thousand) | | :--- | :--- | :--- | | Customer A | 52,210 | 39,661 | | Customer B | 38,889 | 28,618 | [Revenue Breakdown](index=11&type=section&id=4.%20Revenue) In H1 2025, total revenue reached **RMB 375.0 million**, with MCU products being the largest contributor, and ASIC and IPM products showing significant growth of **56.4%** and **64.7%** respectively, all recognized at the point of goods transfer Revenue by Product Type | Product Type | H1 2025 (RMB thousand) | H1 2024 (RMB thousand) | YoY Change (%) | | :--- | :--- | :--- | :--- | | MCU | 228,095 | 174,338 | 30.8% | | ASIC | 66,878 | 42,749 | 56.4% | | HVIC | 43,210 | 42,279 | 2.2% | | MOSFET | 1,202 | 1,005 | 19.6% | | IPM | 35,282 | 21,427 | 64.7% | | Others | 373 | 526 | -29.1% | | **Total Revenue** | **375,040** | **282,324** | **32.8%** | - All revenue is recognized at a point in time when goods are transferred[21](index=21&type=chunk) [Other Income and Gains](index=12&type=section&id=5.%20Other%20Income%20and%20Gains) In H1 2025, total other income and gains remained stable at **RMB 39.18 million**, with a significant increase in other interest income from debt investments at fair value offsetting declines in investment income from financial assets and bank interest income Other Income and Gains Breakdown | Item (RMB thousand) | H1 2025 | H1 2024 | YoY Change (%) | | :--- | :--- | :--- | :--- | | Bank interest income | 3,356 | 5,903 | -43.2% | | Other interest income from debt investments | 13