Core Insights - The company reported a revenue of 327 million RMB for the six months ending June 30, 2025, representing a year-on-year growth of 22.18%, while incurring a net loss of 174 million RMB, with a basic loss per share of 0.48 RMB [1] Financial Performance - Revenue for the first half of 2025 reached 327 million RMB, marking a 22.18% increase compared to the previous year [1] - The company experienced a net loss of 174 million RMB during the same period [1] - Basic loss per share was reported at 0.48 RMB [1] Product Development - The company accelerated the mass production of self-manufactured chassis electric wide-body dump trucks in the first half of 2025 [1] - Introduced an 800V voltage platform technology that reduces charging time by over 10% [1] - The company is developing several new products, including: - Charging and swapping technology - 135-ton class 800kWh swapping vehicles - 145-ton class range-extended electric wide-body dump trucks - 6-ton electric loaders - 18-ton electric forklifts - These products aim to enhance vehicle operational efficiency by improving battery utilization and range [1] Autonomous Driving Business - Sales revenue from autonomous driving equipment accounted for over 11% of total revenue in the first half of 2025, surpassing the entire revenue from similar business in 2024 [1] - The company plans to promote its autonomous driving business through three business models: - Selling unmanned electric equipment - Providing automated operation technology services for a fee - Selling line-controlled chassis electric equipment without perception and intelligent software [1]

Core Insights - The company reported a revenue of 327 million RMB for the six months ending June 30, 2025, representing a year-on-year increase of 22.18% [1] - The company incurred a loss of 174 million RMB during the same period, with a basic loss per share of 0.48 RMB [1] Group 1: Product Development and Technology - The company accelerated the mass production of self-manufactured electric wide-body dump trucks during the first half of 2025 [1] - The 800V voltage platform technology reduced the charging time of the company's products by over 10% [1] - The company initiated the development of several products, including a 135-ton 800kWh battery swap model and a 145-ton range-extended electric wide-body dump truck, aimed at improving battery utilization and vehicle efficiency [1] Group 2: Autonomous Driving Business - Sales revenue from autonomous driving equipment accounted for over 11% of total revenue in the first half of 2025, surpassing the entire revenue for this segment in 2024 [2] - The business model for autonomous driving includes three main approaches: selling unmanned electric equipment, providing technical services for automated operations, and selling pre-installed chassis without perception and intelligent software [2] - The autonomous driving business primarily relies on sales and technical services, avoiding significant capital expenditure on asset operation [2]

Core Insights - The company reported a revenue of 327 million RMB for the six months ending June 30, 2025, representing a year-on-year increase of 22.18% [1] - The company incurred a loss of 174 million RMB during the same period, with a basic loss per share of 0.48 RMB [1] Group 1: Product Development and Technology - The company accelerated the mass production of self-manufactured electric wide-body dump trucks during the first half of 2025 [1] - The company's 800V voltage platform technology reduced charging time by over 10% [1] - Development of several new products was initiated, including a 135-ton 800kWh battery swap model and a 145-ton range-extended electric wide-body dump truck [1] Group 2: Autonomous Driving Business - Sales revenue from autonomous driving equipment accounted for over 11% of total revenue in the first half of 2025, surpassing the entire revenue for this segment in 2024 [2] - The business model for autonomous driving includes three main approaches: selling unmanned electric equipment, providing technical service fees for automated operation technology, and selling pre-installed chassis without perception and intelligent software [2] - The autonomous driving business primarily relies on sales and technical services, avoiding significant liquidity strain on the company [2]

Core Viewpoint - The company reported a revenue of RMB 327 million for the period ending June 30, 2025, representing a year-on-year growth of 22.2%, while the loss expanded to RMB 174 million, a year-on-year increase of 12.9%, primarily due to credit impairment losses [1] Group 1: Financial Performance - Revenue reached RMB 327 million, up 22.2% year-on-year [1] - Loss amounted to RMB 174 million, an increase of 12.9% year-on-year [1] - Earnings per share recorded a loss of RMB 0.48 [1] Group 2: Industry Position and Innovations - The company is recognized as a top manufacturer of electric wide-body dump trucks and electric loaders, leveraging early efforts and extensive industry knowledge [1] - According to data from ZhiShi Consulting, the company ranked first in shipment volume of electric wide-body dump trucks with battery capacities exceeding 650 kWh from 2022 to 2024 [1] - The company is the first in China to market electric wide-body mining dump trucks equipped with automated operating systems and electric loaders utilizing remote operation technology [1] - The company is advancing the commercialization of grid-connected solar storage power station energy services in response to overseas mining customers' demand for green energy [1]

[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) This section presents the interim results announcement, providing an overview of the company's performance and financial position for the period [Financial Highlights](index=1&type=section&id=%E8%B2%A1%E5%8B%99%E6%91%98%E8%A6%81) The company's H1 2025 revenue increased by 22.2% to RMB 326.8 million, gross profit surged by 152.1% to RMB 21.0 million, and gross profit margin improved by 3.3 percentage points to 6.4%, despite a 12.9% expansion in loss for the period due to increased credit impairment provisions 2025 H1 Key Financial Indicators | Indicator | 2025 (RMB thousand) | 2024 (RMB thousand) | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 326,775 | 267,451 | 22.2% | | Gross Profit | 20,950 | 8,312 | 152.1% | | Gross Profit Margin | 6.4% | 3.1% | +3.3 percentage points | | Loss Before Tax | 174,184 | 154,225 | 12.9% (expanded) | | Loss for the Period | 174,184 | 154,278 | 12.9% (expanded) | - The primary reason for the expanded loss for the period was an increase in credit impairment loss provisions[5](index=5&type=chunk) [Management Discussion and Analysis](index=2&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) Breton Technology achieved significant revenue growth in H1 2025, primarily driven by strong sales of electric wide-body dump trucks, while making progress in product technology, autonomous driving, and overseas market expansion, despite an increased loss due to higher credit impairment provisions [Performance Overview](index=2&type=section&id=%E6%A5%AD%E7%B8%BE%E6%A6%82%E8%A6%BD) Breton Technology, a leading provider of zero-carbon and smart mining solutions, maintained its top position in electric wide-body dump trucks and electric loaders, with H1 2025 revenue growing 22.2% driven by electric wide-body dump truck sales [About Breton](index=2&type=section&id=%E9%97%9C%E6%96%BC%E5%8D%9A%E9%9B%B7%E9%A0%93) Breton Technology is a leading provider of zero-carbon and smart mining solutions, specializing in electric construction machinery with autonomous capabilities, intelligent operations, and photovoltaic energy storage services - The company is a zero-carbon and smart mining solutions provider, offering electric construction machinery, intelligent operations, and photovoltaic energy storage services[6](index=6&type=chunk) - According to Frost & Sullivan, the company ranked first in shipments of electric wide-body dump trucks with battery capacity exceeding **650 kWh** for three consecutive years from 2022 to 2024[6](index=6&type=chunk) - The company is the first manufacturer in China to launch electric wide-body mining dump trucks equipped with autonomous operating systems and electric loaders utilizing remote operation technology[6](index=6&type=chunk) [Operating Data](index=2&type=section&id=%E7%87%9F%E9%81%8B%E8%B3%87%E6%96%99) Total revenue reached RMB 326.8 million, a 22.2% year-on-year increase, primarily driven by a 77.5% surge in electric wide-body dump truck sales, which accounted for 78.5% of total revenue, while electric loader sales decreased by 51.1% H1 2025 Revenue Composition and Year-on-year Change | Revenue Type | 2025 (RMB thousand) | 2025 (%) | 2024 (RMB thousand) | 2024 (%) | Change (RMB thousand) | Change (%) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Product Sales:** | | | | | | | | Electric Wide-body Dump Trucks | 256,471 | 78.5 | 144,516 | 54.0 | 111,955 | 77.5 | | Electric Loaders | 53,855 | 16.5 | 110,154 | 41.2 | (56,300) | (51.1) | | Electric Tractors | 298 | 0.1 | 1,456 | 0.5 | (1,158) | (79.5) | | Spare Parts and Accessories | 9,947 | 3.0 | 5,365 | 2.0 | 4,582 | 85.4 | | Subtotal | 320,571 | 98.1 | 261,491 | 97.7 | 59,080 | 22.6 | | Services Provided | 832 | 0.3 | 2,011 | 0.8 | (1,179) | (58.6) | | Rental Income | 5,372 | 1.6 | 3,949 | 1.5 | 1,423 | 36.0 | | **Total Revenue** | **326,775** | **100.0** | **267,451** | **100.0** | **59,324** | **22.2** | [Product and Technology Development](index=3&type=section&id=%E7%94%A2%E5%93%81%E8%88%87%E6%8A%80%E8%A1%93%E9%96%8B%E7%99%BC) As a pioneer in new energy construction machinery, the company continues to invest in developing high-capacity, heavy-duty new energy and intelligent products, accelerating mass production of self-developed chassis electric wide-body dump trucks and initiating new product and technology development - The company accelerated mass production of self-developed chassis electric wide-body dump trucks, with **800V voltage platform technology** reducing product charging time by over **10%**[9](index=9&type=chunk) - Development commenced on **135/145 platform charging and swapping technology**, **135-ton 800kWh battery-swapping models**, **145-ton extended-range electric wide-body dump trucks**, **528kWh high-capacity long-range 6-ton electric loaders**, and **18-ton electric fork loaders** for marble loading and unloading scenarios[9](index=9&type=chunk) - High-capacity fast charging technology and extended-range products will enhance power battery utilization and cruising range, thereby improving vehicle operating efficiency[9](index=9&type=chunk) [Accelerated Implementation of Autonomous Driving Business](index=3&type=section&id=%E8%87%AA%E5%8B%95%E9%A7%95%E9%A7%9B%E6%A5%AD%E5%8B%99%E5%8A%A0%E9%80%9F%E8%90%BD%E5%9C%B0) Leveraging its R&D and manufacturing capabilities, the company achieved over 11% of H1 2025 revenue from autonomous driving equipment sales, surpassing the full-year 2024 level, by offering pre-installed drive-by-wire chassis autonomous solutions - The company achieved autonomous driving equipment with pre-installed drive-by-wire chassis, enabling seamless integration of control systems and autonomous driving algorithms, while also offering better cost-effectiveness[10](index=10&type=chunk) - In H1 2025, sales revenue from autonomous driving equipment accounted for over **11%** of total revenue for the period, exceeding the full-year revenue for similar businesses in 2024[10](index=10&type=chunk) - The autonomous driving business model includes selling unmanned electric equipment, providing autonomous operation technical services, and selling pre-installed drive-by-wire chassis electric equipment without perception and intelligent software, currently not adopting an asset-holding operation model[10](index=10&type=chunk) [Overseas Business Expansion](index=4&type=section&id=%E6%B5%B7%E5%A4%96%E6%A5%AD%E5%8B%99%E6%8B%93%E5%B1%95) The company's overseas strategy focuses on providing equipment and services to Chinese mining enterprises along the "Belt and Road" and offering photovoltaic energy storage solutions to power-deficient regions in Africa and Southeast Asia, thereby promoting electric construction equipment sales - Overseas business strategy includes providing equipment and services to Chinese mining enterprises along the "Belt and Road" initiative, and offering photovoltaic energy storage power generation solutions to power-deficient regions in Africa and Southeast Asia, thereby providing electric construction equipment[11](index=11&type=chunk) - In H1 2025, business expansion progressed in **4 African countries** including Zambia and **2 Southeast Asian countries** including Thailand, involving photovoltaic energy storage microgrid project construction and sales agreements for electric loaders and electric wide-body dump trucks[11](index=11&type=chunk) [Sales Strategy](index=4&type=section&id=%E9%8A%B7%E5%94%AE%E7%AD%96%E7%95%A5) The company employs a "direct sales and distribution" model, targeting large state-owned enterprises and international mining groups through direct sales, while covering regional mines and smaller clients via its distribution network, emphasizing long-term customer engagement and repeat purchases - Adopting a "direct sales and distribution" parallel model, with direct sales targeting large state-owned enterprises and international mining groups, and distribution covering regional mines and small and medium-sized customers[12](index=12&type=chunk) -

Core Viewpoint - The company, Boreton (01333), has been selected by Hang Seng Indexes Company to be included in the Hang Seng Composite Index, effective from September 8, 2025, which reflects strong market recognition of its business performance and value [1] Group 1 - The inclusion in the Hang Seng Composite Index is expected to help the company expand its shareholder base [1] - This move is anticipated to enhance the liquidity of the company's shares [1] - The company aims to continuously improve its investment value and reputation in the capital market [1]

Core Viewpoint - The company, Boleton (01333.HK), has been selected to be included in the Hang Seng Composite Index, effective from September 8, 2025, indicating strong market recognition of its business performance and value [1]. Group 1 - The inclusion in the Hang Seng Composite Index reflects high recognition from the capital market regarding the company's business performance and value [1]. - This move is expected to help the company expand its shareholder base and enhance the liquidity of its shares [1]. - The company aims to continuously enhance its investment value and reputation in the capital market through this inclusion [1].

Core Viewpoint - Boreton (01333) has been selected to be included in the Hang Seng Composite Index, effective from September 8, 2025, reflecting strong market recognition of the company's business performance and value [1] Group 1 - The inclusion in the Hang Seng Composite Index is expected to help the company expand its shareholder base [1] - This move is anticipated to enhance the liquidity of the company's shares [1] - The company aims to continuously improve its investment value and reputation in the capital market [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。 Breton Technology Co., Ltd. 博雷頓科技股份公司 （於中華人民共和國成立的股份有限公司） （股份代號：1333） 建議修訂公司章程 本公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.51(1)條 作出。 博雷頓科技股份公司（「本公司」）董事會（「董事會」）謹此宣佈，鑒於本公司擬增 加主營業務範圍，董事會建議對本公司的公司章程（「公司章程」）的相應條款作出 修訂（「建議修訂」）。 1 有關公司章程的建議修訂的細節如下： 2 | 原條文 | | 修改後的條文 | | --- | --- | --- | | 第二章 | 經營宗旨和範圍 | 第二章 經營宗旨和範圍 | | 第十七條 經依法登記、公司的經營 | | 第十七條 經依法登記、公司的經營範 | | 範圍：一般項目：從事智能科技、汽 | | 圍：一般項目：從事智能科技、汽車 | | 車科技、新能源科技、電子產 ...

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。 Breton Technology Co., Ltd. 博雷頓科技股份公司 （於中華人民共和國成立的股份有限公司） （股份代號：1333） 自願性公告 獲納入恒生綜合指數成份股 本公告乃由博雷頓科技股份公司（「本公司」）自願作出。 本公司董事會（「董事會」）欣然宣佈，本公司已獲恒生指數有限公司選定並將納入 恒生綜合指數成份股，自2025年9月8日起生效。 恒生綜合指數是一項全面的香港股票市場指標，涵蓋了在香港聯合交易所有限公 司主板上市的公司總市值最高的95%，並廣泛應用於指數基金、互惠基金及業績 表現的基準。 董事會認為，本公司獲納入恒生綜合指數成份股，這反映資本市場對本公司業務 表現與價值的高度認可。此舉有助於本公司進一步擴大股東基礎，提升股份交易 的流通性，並持續增強本公司於資本市場的投資價值及聲譽。 有關恒生綜合指數的進一步詳情，請參閱恒生指數有限公司網站（https://www.hsi.com ...