公司名稱: 交個朋友控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年8月6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) | 01450 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | FF301 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7月31日 狀態: 新提 ...

本文源自：财华网 【财华社讯】截至发稿，交个朋友控股(01450.HK)涨5.77%，报1.1港元。消息面上，该公司公布，旗下 间接全资附属公司交个朋友优选科技有限公司拟以1.8亿元人民币(约1.98亿港元)收购目标公司杭州交个 朋友教育科技有限公司100%股权，其主要从事为企业及个人客户提供多元化的直播电商及电商运营培 训解决方案，为客户提供线上线下课程及专属直播电商合作的业务。 ...

Major Events - Shiyao Group's (01093) application for the listing of Semaglutide injection has been accepted by the National Medical Products Administration (NMPA) [1] - Gilead Sciences-B (01672) has completed the enrollment of overweight or obese subjects in the Phase IIa study of the small molecule oral GLP-1R agonist ASC30 in the United States [1] - China Biopharmaceutical (01177) has received NMPA approval for the clinical trial application of TQC3302 "ICS/LAMA/LABA soft mist inhalation preparation" [1] - Jiaogepeng Holdings (01450) plans to acquire 100% equity of Hangzhou Jiaogepeng Education Technology Co., Ltd. for 180 million yuan [1] Financial Data - China Tower (00788) reported a mid-term profit attributable to shareholders of 5.757 billion yuan, an increase of 8.0% year-on-year, with the revenue share from its two wings business exceeding 14% [1] - Techtronic Industries (00669) reported a mid-term profit attributable to shareholders of 628 million USD, an increase of 14.17% year-on-year, with a dividend of 1.25 HKD per share [1] - Yum China (09987) reported a second-quarter operating profit of 304 million USD, a year-on-year increase of 14% [1] - Zibuyu (02420) issued a profit warning, expecting mid-term revenue to increase by approximately 30%-40% to between 1.9 billion and 2.047 billion yuan [1] - Angelalign (06699) issued a profit warning, expecting net profit for the first half of the year to be approximately 13.4 million to 14.8 million USD, a year-on-year increase of approximately 538.1% to 604.8% [1] - Boya Interactive (00434) issued a profit warning, expecting mid-term profit attributable to shareholders to decrease by approximately 25% to 35% [1] - Zhenjiu Lidu (06979) issued a profit warning, expecting mid-term net profit attributable to shareholders to decline by 23% to 24% [1] - Fourth Paradigm (06682) expects a narrowed adjusted net loss for the mid-term, down 68% to 73% year-on-year [1]

Core Viewpoint - The company,交个朋友控股, has announced a conditional agreement to acquire 100% equity of杭州交个朋友教育科技有限公司 for a total consideration of RMB 180 million, aiming to enhance its capabilities in the new media service sector and strengthen its competitive advantage in the live e-commerce market [1]. Group 1 - The acquisition will result in the target company becoming a wholly-owned subsidiary, with its financial performance consolidated into the company's financial statements [1]. - The target group specializes in providing diverse live e-commerce and e-commerce operation training solutions for both corporate and individual clients, offering online and offline courses [1]. Group 2 - The strategic acquisition aims to enhance the company's comprehensive service capabilities and core competitiveness in the new media service field, while consolidating its competitive edge and market influence in live e-commerce [1]. - The company plans to integrate resources from both its existing new media business and the target group to create greater value for shareholders [1]. Group 3 - The acquisition will enhance the company's talent capabilities through the target group's top-notch instructor team, validated course system, and deep industry insights, laying a solid foundation for future business growth [2]. - The target group has accumulated a large number of precise students and corporate clients through its e-commerce training services, which the company will leverage to drive revenue growth by exploring cross-selling opportunities and long-term customer value [2]. Group 4 - The rich course content, practical case library, and cutting-edge industry insights from the target group will become important strategic assets for the company, aiding in business optimization and innovation [3]. - These resources will ensure that the company remains flexible and competitive in a rapidly changing market [3].

据悉，目标集团主要从事为企业及个人客户提供多元化的直播电商及电商运营培训解决方案，为客户提 供线上线下（300959）课程及专属直播电商合作的业务。 交个朋友控股(01450)公布，于2025年8月5日(交易时段后)，公司的间接全资附属公司交个朋友优选科技 有限公司拟收购杭州交个朋友教育科技有限公司100%股权，总代价为人民币1.8亿元。 ...

Core Viewpoint - The company,交个朋友控股, announced the acquisition of 100% equity in 杭州交个朋友教育科技有限公司 for a total consideration of RMB 180 million, aiming to enhance its offerings in live e-commerce and training solutions [1] Group 1 - The acquisition is set to take place on August 5, 2025, after trading hours [1] - The target group specializes in providing diverse live e-commerce and e-commerce operation training solutions for both corporate and individual clients [1] - The services offered include online and offline courses as well as exclusive live e-commerce collaboration opportunities [1]

Market Overview - The Hong Kong stock market opened mixed on July 11, with the Hang Seng Index slightly up by 0.02%, while the Hang Seng Tech Index and the China Enterprises Index fell by 0.28% and 0.06% respectively [1] Industry Insights - Huatai Securities suggests that the current Hong Kong tech sector is at a convergence of "valuation trough" and "industry transformation," with the interplay of capital, policy, and technology enhancing its investment value [2] - China Galaxy Securities indicates that despite rising global macro risks, the absolute valuation of Hong Kong stocks remains relatively low, presenting medium to long-term investment value, particularly in the tech sector due to strong policy support and growth potential [3] - Citic Securities anticipates that ongoing reforms in the Hong Kong listing system will improve asset quality and liquidity, with continued inflow of southbound capital [3] Company News - Xiaomi Group reported that it has delivered over 300,000 vehicles within 15 months of launching its automotive division, raising its annual delivery target for 2025 to 350,000 units [7] - WuXi AppTec expects its revenue for the first half of 2025 to reach approximately 20.799 billion yuan, a year-on-year increase of about 20.64%, with adjusted net profit projected to grow by approximately 44.43% to around 6.315 billion yuan [7] - Dongyue Group anticipates a significant year-on-year increase of about 150% in net profit for the first half of the year [8] - "Jia Ge Peng You" Holdings reported a cumulative GMV of approximately 6.98 billion yuan for the first six months, reflecting a year-on-year growth of about 17.11% [9] - Datang Renewable completed a power generation volume of approximately 18.88 million MWh in the first half of the year, marking a year-on-year increase of 10.22% [10]

Core Insights - The company "交个朋友" achieved impressive results during the 618 shopping festival, with a total GMV of 2.1 billion yuan, a year-on-year increase of 17.2%, and over 6 million orders [1] - The success of the digital human live streaming, supported by advanced AI technology, highlights the strategic value of AI in driving future growth [1][4] - The collaboration with Baidu's digital human technology set new records in live streaming sales, with total GMV reaching 55 million yuan and over 13 million views [2][5] Company Performance - During the 618 event, "交个朋友" helped 13 partner brands achieve GMV exceeding 10 million yuan, while over 400 brands reached 1 million yuan in GMV [6] - The company established a leading "five-round selection mechanism" to ensure high-quality products and services for consumers [6] - The "朋友云" live streaming platform supported over 5,000 live streams, processing 820,000 product selection processes and completing 870,000 compliance reviews [6] Technological Innovation - The digital human live streaming technology includes five core modules, enhancing the realism and interactivity of the broadcasts [5] - The AI technology applied in various business processes significantly improved user experience and conversion rates [6] - Digital human live streaming offers advantages over traditional live streaming, such as 24/7 operation and reduced costs during non-peak hours [7] Industry Trends - The live streaming e-commerce industry is shifting from scale expansion to quality improvement and technology-driven development [6] - The strategic partnership between Baidu and "交个朋友" is expected to facilitate the rapid implementation of new applications, such as 24-hour live streaming and cross-border real-time translation [7] - The innovative collaboration between human and digital hosts is anticipated to unlock new growth opportunities and reshape the value of the live streaming e-commerce sector [7]

金十数据整理：每日港股市场要闻速递（5月20日 周二） 2. 阿里健康(00241.HK)：截至2025年3月31日止，实现营收305.98亿元人民币，同比增长13.2%；经调整 后利润净额19.5亿元人民币，同比增幅35.6%。 3. 零跑汽车(09863.HK)：一季度收入100.2亿元人民币，同比增长187.1%；毛利率创历史新高，达 14.9%。 重要新闻 1. 中国央行将一年期、五年期LPR均下调10个基点。 个股新闻 1. 宁德时代(03750.HK)今日港交所挂牌，昨日的暗盘收涨8.29%，报284.8港元，成交4.6亿港元。按一手 100股算，账面赚2180港元。 6. 顺丰控股(06936.HK)4月速运物流业务、供应链及国际业务合计收入为239.15亿元，同比增长 12.42%。 7. 交个朋友(01450.HK)与百度优选战略合作，罗永浩5月23日晚首播。 8. 中国平安保险(集团)股份有限公司增持农业银行(01288.HK)7446.738万股，每股作价5.0717港元，总 金额约3.78亿港元。 4. 阿里影业(01060.HK)：截至2025年3月31日止，实现营收67.02亿元人 ...

Financial Performance - The total gross merchandise volume (GMV) reached RMB 15.08 billion, solidifying the company's leading position in the industry[5] - Revenue for the reporting period was approximately RMB 1.25 billion, an increase of about 16.4% compared to RMB 1.07 billion for the same period last year[10] - Net profit was approximately RMB 70 million, a decrease of 36.6% year-on-year, while adjusted net profit was about RMB 120 million, down 32.4%[10] - The group's total revenue increased by approximately 16.4% to about RMB 1.25 billion, up from RMB 1.07 billion in the previous year[18] - Revenue from the new media services segment accounted for approximately 91.0% of total revenue, growing from about RMB 988.73 million to RMB 1.14 billion[19] - The broadcasting business segment's revenue rose from approximately RMB 85.6 million to about RMB 112.4 million, representing a growth in contribution to total revenue from 8.0% to 9.0%[20] - The group's gross profit for the reporting period was approximately RMB 606.7 million, up about 7.0% from approximately RMB 566.9 million in the same period last year, with a gross margin of 48.5% compared to 52.8% last year[24] - The gross margin of the new media services segment decreased from approximately 54.0% in the same period last year to approximately 50.5% during the reporting period[25] Operational Strategy - The company aims to optimize cost structure and enhance operational efficiency to address market challenges and improve profitability[10] - The company has developed an AI-driven intelligent operation system for live e-commerce, enhancing supply chain efficiency and user engagement[6] - The strategic focus includes deepening AI and big data applications to improve product selection accuracy and operational efficiency[7] - The company plans to explore new cross-border trade models to capitalize on global e-commerce market growth trends[7] - The company is focusing on refined operations and profitability optimization to achieve sustainable high-quality development amid rising costs and market competition[11] - The smart middle platform "Friend Cloud" has been fully upgraded to achieve end-to-end digital management, significantly enhancing operational efficiency through AI technology[13] - The introduction of the "live streaming + science popularization" model has expanded the boundaries of live commerce into the high-tech sector, enhancing consumer trust in domestic technology brands[13] Cost and Expenses - The group's sales costs increased by approximately 26.9% to about RMB 643.8 million, up from RMB 507.4 million in the previous year[21] - The sales cost of the new media services segment increased from approximately RMB 454.8 million in the same period last year to approximately RMB 563.9 million during the reporting period, representing a growth of about 24.0%[22] - The sales cost of the broadcasting business segment rose from approximately RMB 52.6 million in the same period last year to approximately RMB 79.9 million during the reporting period, an increase of about 51.9%[23] - Administrative expenses rose from approximately RMB 173.6 million in the same period last year to approximately RMB 192.5 million during the reporting period, an increase of about 10.9%[28] Profitability and Cash Flow - The profit attributable to the owners of the company for the reporting period was approximately RMB 81.7 million, down from approximately RMB 119.5 million in the same period last year[32] - The net cash outflow from operating activities during the reporting period was approximately RMB 27.6 million, compared to a net inflow of approximately RMB 183.0 million in the same period last year[35] - The net financial expenses decreased from approximately RMB 13.3 million in the same period last year to approximately RMB 8.2 million during the reporting period, a reduction of about 38.3%[30] Share Incentive Plan - The 2022 Share Award Scheme allows for a maximum of 131,127,099 shares to be issued, representing 9.47% of the total issued shares as of the report date[45] - The maximum number of shares that can be awarded to participants under the 2022 Share Award Scheme is capped at 1% of the issued share capital as of December 8, 2022[48] - The company granted a total of 15,169,920 incentive shares on April 10, 2024, and 3,913,610 incentive shares on October 10, 2024, under the 2022 Share Incentive Plan[55] - The fair value of the incentive shares granted in the first half of 2024 is estimated at HKD 22,299,782, while the second half is estimated at HKD 4,618,060[56] - The total number of unvested shares as of December 31, 2024, is 12,022,968, representing approximately 12.6% of the total shares granted[60] - The total number of shares granted under the 2022 share incentive plan is 95,052,480, with 60,562,488 shares currently vested[63] - The company has a vesting schedule that includes 30% for shares granted on various dates, with specific vesting periods outlined[58] Governance and Compliance - The company is committed to compliance management innovations, ensuring a robust risk warning mechanism across its operations[6] - The company has established long-term cooperative relationships with its suppliers[130] - The company actively seeks customer feedback to ensure continuous improvement in service quality[129] - The company is committed to maintaining high standards of corporate governance to protect shareholder interests and enhance corporate value[135] - The company has adhered to the corporate governance code and all its provisions for the fiscal year ending December 31, 2024[136] - The roles of the chairman and the CEO are clearly separated to ensure distinct responsibilities[145] - The company has established a securities trading code applicable to all directors and relevant employees[138] Risk Management - The company faces significant risks including technological lag, which could impact operational efficiency and long-term competitiveness[184] - The company has implemented strict supplier admission reviews and dynamic product qualification checks to ensure compliance and quality of listed products[187] - The legal compliance department actively tracks e-commerce regulations to ensure operations meet legal requirements and protect intellectual property rights[188] - The company has established a closed-loop mechanism for intellectual property protection, focusing on prevention, monitoring, and enforcement[188] - The board and senior management are responsible for evaluating and determining the nature and extent of risks undertaken to achieve strategic objectives[182] Leadership and Management - Mr. Li Liang was appointed as CEO and Chairman of the Investment Committee on December 5, 2024, and holds 44,628,200 shares, representing approximately 3.21% of the total issued shares[66] - Mr. Lu Zhisen, the founder and Executive Director, has over 36 years of experience in the broadcasting and television industry, contributing to the overall business strategy and operations of the group[69] - Ms. Zhao Huili, appointed as Executive Director on September 29, 2021, holds 1,000,000 shares, representing about 0.07% of the total issued shares, and has been granted 1,200,000 incentive shares under the 2022 Share Incentive Plan[70] - The company has a diverse board with members holding significant shares and extensive industry experience, enhancing its governance and strategic direction[66][67][68][70][72][73][74] Employee and Board Diversity - The company emphasizes equal employment opportunities and non-discrimination across all levels[173] - The company has achieved its targets of at least 10% female directors, 50% female senior management, and 50% female employees[173] - The current board composition includes 6 male directors and 1 female director, with age distribution across various ranges[169] - The gender ratio among employees shows 14.3% female directors, 66.7% female senior management, and 53.9% female employees overall[173] Shareholder Relations - The group did not recommend the distribution of a final dividend for the year ending December 31, 2024 (2023: none) [83] - The company repurchased a total of 6,188,000 ordinary shares at a total cost of HKD 7,952,000 (approximately RMB 7,364,000) during the reporting period [89] - The board believes that the share buyback demonstrates confidence in the company's business outlook and will ultimately benefit the company and create value for shareholders [90]