Financial Performance - The Group recorded revenue from continuing operations of approximately RMB112.7 million for the year ended 31 December 2024, representing a decrease of approximately 11.0% compared to RMB126.7 million for the year ended 31 December 2023[6]. - The gross profit margin for the Group's products was approximately 8.0% in 2024, down from approximately 11.7% in the previous year[6]. - Total comprehensive loss attributable to owners of the Company decreased from approximately RMB812.8 million in 2023 to approximately RMB90.3 million in 2024, representing a decrease of approximately 88.9%[6]. - The Group's revenue from continuing operations decreased from approximately RMB126.7 million in 2023 to approximately RMB112.7 million in 2024, representing a decline of 11.8%[22][26]. - Loss attributable to owners of the Company decreased by 89.1% to approximately RMB88.4 million in 2024, compared to the previous year[22][26]. - Basic and diluted loss per share improved from RMB0.24 in 2023 to RMB0.02 in 2024[22][26]. - Revenue from clothing products in the PRC decreased from RMB83.6 million in 2023 to approximately RMB48.8 million in 2024, a decline of 41.7%[34][36]. - Sales quantities of clothing products dropped from approximately 1,691,000 pieces in 2023 to approximately 1,017,000 pieces in 2024, a decrease of 40%[34][36]. - Revenue from the elastic webbing segment increased to approximately RMB35.6 million in 2024 from RMB31.8 million in 2023, marking a growth of 11.9%[37][39]. - The digital marketing services segment, which commenced in the second half of 2023, contributed approximately RMB28.4 million in revenue for 2024, up from RMB11.3 million in 2023, reflecting a growth of 151.3%[38][39]. Cost and Expenses - The cost of sales decreased by 7.2% from approximately RMB111.9 million in 2023 to approximately RMB103.7 million in 2024, aligning with the decrease in turnover[42][43]. - Gross profits decreased from approximately RMB14.8 million (gross profit margin of 11.7%) in 2023 to approximately RMB9.0 million (gross profit margin of 8.0%) in 2024, primarily due to increased production costs for elastic webbings[46][47]. - Selling and distribution costs decreased by 28.5% from approximately RMB10.8 million in 2023 to approximately RMB7.7 million in 2024, due to reduced staff costs, logistics, and advertising expenses[54][58]. - General and administrative expenses increased by 25.1% from approximately RMB27.0 million in 2023 to approximately RMB33.8 million in 2024, mainly due to increased impairment losses and write-offs[60]. - Finance costs decreased by 14.9% from approximately RMB2.3 million in 2023 to approximately RMB1.9 million in 2024, attributed to the repayment of certain bank borrowings[61]. Cash Flow and Liquidity - Net cash used in operating activities amounted to RMB6.4 million in 2024, a significant improvement from RMB120.3 million in 2023[63]. - The Group's ability to continue as a going concern is under scrutiny due to material uncertainties affecting liquidity and cash flow[103]. - The Group's cash management policy is conservative, with cash and cash equivalents generally held in banks and primarily denominated in RMB and HKD[69]. Corporate Governance - The Company has adopted the Corporate Governance Code and has complied with applicable code provisions throughout the year, except for code provision C.1.8 regarding insurance cover for directors[137]. - All directors confirmed compliance with the Model Code for Securities Transactions during the year, ensuring adherence to standards regarding securities dealings[141]. - The Company will continue to review and enhance its corporate governance practices to meet the requirements of the Corporate Governance Code[139]. - The Board consists of six members, including three executive Directors and three independent non-executive Directors[148]. - The independent non-executive Directors represent at least one-third of the Board throughout the Period[149]. Share Capital and Fundraising - The company completed a placing of 200,000,000 shares at a price of HK$0.10 per share, raising net proceeds of approximately HK$19.79 million for general working capital[78]. - The proposed Capital Reorganisation aimed to reduce the par value of shares from HK$1.0 to HK$0.01, allowing greater flexibility for future share issues[120]. - The special resolution for the Capital Reorganisation was not passed, with less than 75% of votes in favor, impacting future fundraising activities[121]. - The Company is considering the feasibility of potential fundraising activities through new share issuance[112]. Employment and Workforce - The total workforce decreased to 165 employees as of December 31, 2024, down from 190 employees in the previous year, mainly due to the discontinuation of the fabrics business[93]. - Total staff costs for the year ended December 31, 2024, were approximately RMB30.2 million, compared to approximately RMB29.9 million in 2023[93]. Audit and Compliance - The Audit Committee reviewed the Directors' Action Plan to address the Audit Qualification, focusing on cash flow projections for at least 12 months from December 31, 2024[113]. - The adjustments related to the audit qualification have not been reflected in the consolidated financial statements for the year ended December 31, 2024[134]. - If the action plans are not achieved, the company may not be able to continue as a going concern, necessitating adjustments to asset values and liabilities[132].

Core Viewpoint - Jiangshun Technology (001400.SZ) has initiated its subscription with an issue price of 37.36 yuan per share and a price-to-earnings ratio of 15.32 times, focusing on the production and sales of aluminum profile extrusion molds and related equipment [1] Company Overview - Jiangshun Technology specializes in the research, design, production, and sales of aluminum profile extrusion molds and accessories, aluminum profile extrusion supporting equipment, and precision mechanical components [1] - The company's main products are critical components for downstream aluminum profile extrusion production, which has extensive applications in various fields such as construction decoration, transportation, new energy, automotive lightweighting, electronic information, and aerospace [1] Industry Insights - According to the National Bureau of Statistics, China's aluminum profile production has shown a steady increase from 45.55 million tons in 2018 to an estimated 67.83 million tons in 2024, indicating a growing industry scale [1] - The demand for aluminum profiles is being driven by trends such as "using aluminum instead of steel" and "using aluminum to save wood," particularly in emerging sectors like photovoltaics, rail transportation, and new energy vehicles [1] Partnerships - The company has established long-term and stable partnerships with well-known domestic aluminum profile manufacturers such as Huajian Aluminum, Dongliang Aluminum, and Xinpai Co., as well as international companies like WISPECO [2] Fundraising and Financial Projections - The company plans to invest the raised funds in several projects, including the expansion of precision molds for aluminum profiles (20.09 million yuan), the construction of aluminum extrusion equipment production lines (23.46 million yuan), and supplementing working capital (12.5 million yuan), totaling 56.05 million yuan [3] - Financial projections indicate that the company expects revenues of approximately 892 million yuan, 1.043 billion yuan, and 1.136 billion yuan for the years 2022, 2023, and 2024, respectively, with net profits of about 139 million yuan, 146 million yuan, and 155 million yuan [3] Financial Metrics - As of the end of 2023, the company's asset-liability ratio was reported at 56.75%, significantly higher than the industry average of 32.44% [4][5] - The company's overseas sales revenue as a percentage of total revenue has increased from 15.89% in 2022 to 25.43% in 2024, primarily settled in USD and EUR [5]

Financial Performance - In 2024, the total revenue from continuing operations decreased to approximately RMB 112.7 million from RMB 126.7 million in 2023, representing a decline of about 11.8%[2] - The gross profit for 2024 was approximately RMB 9.0 million, down from RMB 14.9 million in 2023, indicating a decrease of about 39.5%[2] - The total comprehensive loss attributable to the company's owners decreased from approximately RMB 812.8 million in 2023 to about RMB 90.3 million in 2024, a reduction of approximately 88.9%[2] - Basic and diluted loss per share improved from RMB 0.24 in 2023 to RMB 0.02 in 2024[5] - The company reported a pre-tax loss of RMB 30,807 thousand for 2024, compared to a pre-tax loss of RMB 781,525 thousand in 2023[19] - The company reported a net loss attributable to shareholders of RMB 88,389,000 for the year 2024, compared to a loss of RMB 811,388,000 in 2023, indicating a significant improvement[26] - The basic and diluted loss per share for continuing operations was RMB 0.007 for 2024, down from RMB 0.227 in 2023, reflecting a reduction in losses[26] Cash Flow and Liquidity - As of December 31, 2024, the total cash and bank balance was approximately RMB 8.3 million, down from RMB 17.4 million in 2023[2] - The net cash outflow from operating activities for the year was approximately RMB 6.4 million[8] - The company reported a net current liability of approximately RMB 242.3 million and a capital deficiency of about RMB 223.4 million as of December 31, 2024[8] - The company has approximately RMB 103.5 million in borrowings that are due for renewal or repayment within the next twelve months, with about RMB 97.0 million already overdue[8] - The company reported a net cash outflow from operating activities of approximately RMB 6,364,000 for the year ending December 31, 2024, with cash and cash equivalents totaling around RMB 8,267,000[53] - The net current liabilities decreased from RMB 339,788 thousand in 2023 to RMB 242,269 thousand in 2024, indicating improved liquidity[78] Revenue Segments - The main business operations include footwear, apparel, and digital marketing services, with the fabric sales segment classified as discontinued operations[7] - Revenue from digital marketing services increased significantly to RMB 28,351 thousand in 2024, up 150% from RMB 11,314 thousand in 2023[23] - Revenue from clothing products manufactured and sold in China dropped from RMB 83.6 million in 2023 to approximately RMB 48.8 million in 2024, a decrease of approximately 41.6%[60] - Revenue from the elastic webbing segment increased to approximately RMB 35.6 million in 2024 from RMB 31.8 million in 2023, representing a growth of about 11.9%[60] - Digital marketing services contributed approximately RMB 28.4 million in revenue in 2024, up from RMB 11.3 million in 2023, marking an increase of approximately 151.3%[60] Cost Management - The company is implementing cost control measures to tighten operating costs and capital expenditures while pursuing strategies to increase revenue[9] - Selling and distribution expenses decreased by 28.5% from approximately RMB 10.8 million in 2023 to approximately RMB 7.7 million in 2024[68] - General and administrative expenses increased by 25.1% from approximately RMB 27.0 million in 2023 to approximately RMB 33.8 million in 2024, primarily due to increased inventory impairment losses[69] - Financing costs decreased by 14.9% from approximately RMB 2.3 million in 2023 to approximately RMB 1.9 million in 2024, attributed to the repayment of certain bank loans[70] Acquisitions and Investments - The company completed the acquisition of 80.95% of Lida Elastic Fabric Limited, which will contribute to two new reportable segments: elastic strap sales and digital marketing services[15] - The acquisition of Li Da Elastic Fabric Group did not incur any acquisition-related costs, with identifiable net assets valued at RMB 37,141,000 and total consideration of RMB 18,546,000[47] - Since the acquisition, Li Da Elastic Fabric Group contributed approximately RMB 43,076,000 in revenue and incurred a loss of about RMB 10,516,000 from the acquisition date to December 31, 2023[48] Shareholder Information - The company does not recommend the payment of a final dividend for the year[2] - The company did not declare or approve any dividends for the years ending December 31, 2024, and December 31, 2023[29] - The company issued a total of 3,262,705,241 shares at a price of HKD 0.317 per share, raising approximately HKD 1,034.28 million (approximately RMB 911.50 million) to settle claims from creditors[38] - The company completed a placement of 133,690,000 shares at HKD 0.49 per share, netting approximately HKD 64.90 million (approximately RMB 60.14 million) after expenses[41] Market and Industry Insights - The textile and apparel industry in China saw an export value of USD 301.1 billion in 2024, a year-on-year increase of 2.8%, with textile exports growing by 5.7% and apparel exports by 0.3%[56] - The digital industry in China achieved a business revenue of RMB 35 trillion in 2024, reflecting a year-on-year growth of 5.5%[57] - The user base for online shopping in China is projected to reach approximately 974 million in 2024, representing a growth of 6.5% from 2023[55] Operational Challenges - The company has ongoing litigation related to contract disputes and quality issues, but management believes these will not have a significant financial impact[45] - The company recorded a significant loss of approximately RMB 93,351,000 for the year ending December 31, 2024, raising concerns about its ability to continue as a going concern[53] Future Outlook - The company plans to alleviate cash flow pressure through negotiations with financial institutions for restructuring existing loans and obtaining new financing[9] - The board believes that with the planned measures, the company will have sufficient operating funds to meet its financial obligations within the next twelve months[10] - The company anticipates continued development in new industries beyond traditional core businesses, aligning with national economic growth targets of 5.0% for 2024[54] - The company plans to continue reviewing its capital structure regularly, considering capital costs and associated risks[42]

內幕消息 預期虧損減少 本公告乃由滿地科技股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）根 據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及香港法 例第571章證券及期貨條例第XIVA部作出。 本公司董事（「董事」）會（「董事會」）謹此通知本公司股東及有意投資者，根據對本 集團截至二零二四年十二月三十一日止財政年度之未經審核合併管理賬目初稿的 初步審閱及董事會現有資料，本集團預期於截至二零二四年十二月三十一日止年 度錄得虧損淨額介乎約人民幣95百萬元至人民幣100百萬元，較截至二零二三年 十二月三十一日止年度之虧損淨額約人民幣816.3百萬元有所減少。 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，並明確表示概不就因本公告全部或任何 部份內容所產生或因依賴該等內容而引起之任何損失承擔任何責任。 Moody Technology Holdings Limited 滿地科技股份有限公司 （ 於 開 曼 群 島 註 冊 成 立 並 於 百 慕 達 存 續 之 有 限 公 司 ） （股份代號：1400） 董事會認 ...

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。 滿地科技股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議將於二零二 五年三月三十一日（星期一）舉行，藉此（其中包括）批准本公司及其附屬公司截至二零二四年 十二月三十一日止年度業績及考慮派發截至二零二四年十二月三十一日止年度末期股息（如 有）。 承董事會命 滿地科技股份有限公司 李萬元 代理主席及執行董事 香港，二零二五年三月十四日 於本公告日期，執行董事為李萬元先生、劉俊廷先生及林禹熙女 士 ；以及獨立非執行董事為周潤璋先 生、黎剛先生及郭獻旺先生。 Moody Technology Holdings Limited 滿地科技股份有限公司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：1400） 董事會會議通告 ...

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，並明確表示概不就因本公告全部或任何 部份內容所產生或因依賴該等內容而引起之任何損失承擔任何責任。 Moody Technology Holdings Limited 滿地科技股份有限公司 （ 於 開 曼 群 島 註 冊 成 立 並 於 百 慕 達 存 續 之 有 限 公 司 ） （股份代號：1400） 於二零二五年二月七日舉行的股東特別大會 投票結果及 股本重組失效 茲提述滿地科技股份有限公司（「本公司」）日期為二零二四年十一月二十二日、二 零二四年十二月三十一日及二零二五年一月二日之公告、本公司日期為二零二四 年十二月十三日之通函（「通函」）及日期為二零二四年十二月十三日之股東特別大 會（「股東特別大會」）通告（「通告」），內容有關建議股份合併、建議股本重組及建 議更改每手買賣單位。除文義另有所指外，本公告所用詞彙與通告所界定者具有 相同涵義。 投票表決結果 董事會宣佈，通告所載之建議決議案（「決議案」）於二零二五年二月七日舉行的股 東特別大會上並未獲股東以投票表決方式通過。 1 有關決議案之投票表 ...

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。 Moody Technology Holdings Limited 滿地科技股份有限公司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：1400） 修訂建議股本重組、股份合併及更改每手買賣單位的預期時間表 茲提述(i)滿地科技股份有限公司（「本公司」）日期為二零二四年十一月十三日、二零二 四年十一月二十二日及二零二四年十二月三十一日之公告；(ii)本公司日期為二零二 四年十二月十三日之通函（「通函」）；及(iii)本公司日期為二零二四年十二月十三日之 股東特別大會（「股東特別大會」）通告（「通告」），內容有關建議股份合併、股本重組及 更改每手買賣單位。除另有界定者外，本公告所用詞彙與通函所界定者具有相同涵 義。 鑒於股東特別大會將從二零二五年一月二日（星期四）延期至二零二五年二月七日（星 期五），股份合併、股本重組及更改每手買賣單位的實施預期時間表將修改如下： 事件 遞交過戶文件以符合資格 ...

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。 Moody Technology Holdings Limited 滿地科技股份有限公司 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：1400） 延遲召開股東特別大會 由於上述延遲召開股東特別大會，為釐定股東有權出席延期會議並於會上投票的權 利，本公司暫停辦理股東登記將改為二零二五年二月四日（星期二）至二零二五年二 月七日（星期五）（包括首尾兩日），而非原定的二零二四年十二月二十四日（星期二）至 二零二五年一月二日（星期四）（包括首尾兩日），期間將不會辦理任何股份過戶手續。 為符合資格出席延期會議並於會上投票，股東應確保所有過戶文件連同相關股票，最 遲於二零二五年二月三日（星期一）下午四時三十分前送達本公司於香港的股份過戶 登記分處及過戶辦事處卓佳證券登記有限公司（「香港股份過戶登記分處」），地址為香 港夏愨道16號遠東金融中心17樓。 及 更改暫停辦理股東登記期間 茲提述(i)滿地科技 ...

Moody Technology Holdings Limited 滿地科技股份有限公司 (Incorporated in the Cayman Islands with limited liability and continued in Bermuda with limited liability) （於開曼群島註冊成立並於百慕達存續之有限公司） (Stock Code 股份代號：1400) NOTIFICATION LETTER 通知信函 13 December 2024 Dear Non-Registered Holder (Note 1) , Moody Technology Holdings Limited (the "Company") – Circular relating to proposed share consolidation, proposed capital reorganisation, proposed change in board lot size; and notice of special general meeting ("Current Corporate Com ...

Moody Technology Holdings Limited 滿地科技股份有限公司 (Incorporated in the Cayman Islands with limited liability and continued in Bermuda with limited liability) （於開曼群島註冊成立並於百慕達存續之有限公司） (Stock Code 股份代號：1400) NOTIFICATION LETTER 通知信函 13 December 2024 Dear Registered Shareholder , Moody Technology Holdings Limited (the "Company") – Circular relating to proposed share consolidation, proposed capital reorganisation, proposed change in board lot size; and notice of special general meeting and Form of Proxy ("Current Cor ...