Core Viewpoint - Tianji Holdings (01520) demonstrates confidence in its long-term value and growth prospects through a share buyback and strategic investment, while also addressing structural challenges in its business model [1][4]. Group 1: Share Buyback and Strategic Investment - Tianji Holdings announced a share buyback of 2.898 million shares for HKD 4.4867 million, reflecting management's confidence in the company's future [1]. - The company signed a subscription agreement with GEM for a strategic investment of up to HKD 225 million, indicating recognition from professional investors regarding its strategic layout and growth potential [1]. Group 2: Structural Challenges - The company faces structural challenges, including high concentration of IP revenue in competitive sectors like trendy toys and games, and a lack of liquidity and value extension in traditional digital rights models [1]. - The scale of the derivative IP business is relatively small, leading to weaker risk resistance and a need for a breakthrough in the business model [1]. Group 3: Strategic Response - To address these challenges, Tianji Holdings plans to integrate AI and Web3 technologies, focusing on three main sectors: gaming, cultural tourism, and sports [1]. - The company aims to build a multi-layered and diversified IP matrix by actively introducing IP resources across different life cycles to enhance overall business resilience [1]. Group 4: New Business Initiatives - Tianji Holdings will expand from trendy toys and gaming IP to sports IP, starting with internationally recognized sports IP like La Liga, and gradually diversifying its IP types [2]. - The company plans to leverage its existing apparel business to develop a comprehensive fan economy, launching various IP co-branded apparel and collectible products to enhance IP monetization [2]. Group 5: Digital and Offline Engagement - In digital business, Tianji Holdings will utilize Web3 technology to create virtual rights and digital experiences, enhancing user engagement through exclusive digital content and interactive systems [2]. - The company will also develop offline experiences through IP-themed pop-up stores and community events to deepen emotional connections with users and enhance brand influence [2]. Group 6: Supply Chain and Financial Management - Tianji Holdings is constructing a new consumption system for IP, establishing a credible digital ecosystem with traceability and supplier management [3]. - The company plans to implement a digital wallet and unified account system to tokenize user rights and enhance brand loyalty [3]. Group 7: Business Optimization and Future Outlook - The company is actively addressing historical issues by transferring historical debt for HKD 11.3997 million to improve asset quality [3]. - With the optimization of existing businesses and the successful implementation of new strategies, Tianji Holdings aims to enhance its risk resistance and open new growth opportunities [4].

Core Viewpoint - Tianji Holdings (01520) demonstrates confidence in its long-term value and growth prospects through a share buyback and strategic investment, while also addressing structural challenges in its business model [1][5]. Group 1: Share Buyback and Strategic Investment - Tianji Holdings announced a share buyback of 2.898 million shares for HKD 4.4867 million, reflecting management's confidence in the company's future [1]. - The company signed a subscription agreement with GEM for a strategic investment of up to HKD 225 million, indicating recognition from professional investors regarding its strategic layout and growth potential [1]. Group 2: Structural Challenges - The company faces structural challenges, including high concentration of IP revenue in competitive sectors like trendy toys and games, and a lack of liquidity and value extension in traditional digital rights models [1]. - The scale of the derivative IP business is relatively small, leading to weaker risk resistance and a need for a breakthrough in the business model [1]. Group 3: Strategic Response - To address these challenges, Tianji Holdings plans to integrate AI and Web3 technologies, focusing on three main sectors: gaming, cultural tourism, and sports [1]. - The company aims to build a multi-layered and diversified IP matrix by actively introducing IP resources across different life cycles to enhance overall business resilience [1]. Group 4: New Business Initiatives - Tianji Holdings will expand from trendy toys and gaming IP to sports IP, starting with internationally recognized sports IP like La Liga, and gradually diversifying its IP types [2]. - The company plans to leverage its existing apparel business to develop a comprehensive fan economy, launching various IP co-branded apparel and collectible products to enhance IP monetization [2]. Group 5: Digital and Offline Engagement - In digital business, Tianji Holdings will utilize Web3 technology to create virtual rights and digital experiences, enhancing user engagement through exclusive digital content and interactive systems [2]. - The company will also develop offline experiences through IP-themed pop-up stores and community events to deepen emotional connections with users and enhance brand influence [2]. Group 6: Supply Chain and Operational Efficiency - AI and Web3 technologies will improve supply chain traceability and transparency, optimize operational efficiency, and enhance brand cohesion [3]. - The company plans to establish a credible digital ecosystem for its IP new consumption system, integrating supply chain management with ERP and WMS systems [3]. Group 7: Financial Management - Tianji Holdings intends to transfer part of its historical debt for HKD 11.3997 million to clean up legacy assets and improve asset quality [4]. - The company is focused on optimizing its business structure and accelerating the development of new businesses, aiming for a comprehensive optimization by Q4 of this year [5].

Core Viewpoint - Tianji Holdings (01520.HK) has entered into a sale agreement to transfer all legal and beneficial rights related to certain loan agreements for a consideration of HKD 11.3997 million [1] Group 1 - The transferor is a wholly-owned subsidiary of the company [1] - The agreement includes the transfer of all rights related to the assigned debts [1]

Virtual Mind Holding Company Limited 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，概不因本公告全部 或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。 （於開曼群島註冊成立之有限公司） （股份代號：1520） 須予披露及關連交易 - 轉讓貸款 獨立董事委員會及獨立股東之獨立財務顧問 轉讓事項 於二零二五年九月二十三日（聯交所交易時段後），轉讓方（為本公司之全資 附屬公司）與承讓人訂立買賣協議，據此轉讓方同意轉讓而承讓人同意自轉讓 方購買轉讓方於該等貸款協議中之所有法律及實益權利（包括但不限於已轉讓 債務）。 - 1 - 上市規則之涵義 由於轉讓事項之一項或多項適用百分比（根據上市規則第 14.07 條所計算）超 過 5%但均低於 25%，故轉讓事項構成本公司之須予披露交易，並須遵守上市 規則第 14 章項下之申報及公告規定。 於本公告日期，由於承讓人為執行董事及轉讓方之唯一董事，故根據上市規則 第 14A 章，承讓人為本公司之關連人士。因此，轉讓事項亦構成本公司之關 連交易，並須遵守上 ...

本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。 Virtual Mind Holding Company Limited （於開曼群島註冊成立之有限公司） （股份代號：1520） 有關須予披露及關連交易 - 根據特別授權發行代價股份 收購信橋資本集團有限公司 1 0 % 股權 進一步延遲寄發通函 茲提述本公司日期為二零二五年七月十四日、二零二五年八月四日、二零二五 年八月十五日、二零二五年八月二十五日及二零二五年九月八日的公告（「該 等公告」），內容有關（其中包括）建議收購信橋資本集團有限公司 10% 股 權，其根據上市規則構成本公司一項須予披露及關連交易，以及延遲寄發該通 函。除另有訂明者外，本公告所用詞彙與該等公告所載列者具有相同涵義。 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，概不因本公告全部或部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 - 1 - 由於需要額外時間編製及落實載入該通函的資料，本公司預期該通函之寄發日 期將延遲至二零二五年十月三十一日或之前。 承董事會命 天機控股有限公司 ...

Core Viewpoint - Tianji Holdings (01520.HK) announced a share buyback on September 12, spending HKD 4.487 million to repurchase 2.898 million shares [1] Group 1 - The total amount spent on the buyback was HKD 4.487 million [1] - The number of shares repurchased was 2.898 million [1]

天机控股(01520)发布公告，于2025年9月12日，该公司斥资448.67万港元回购289.8万股。 ...

Core Viewpoint - Tianji Holdings (01520) announced a share buyback of 2.898 million shares for a total cost of HKD 4.4867 million, scheduled for September 12, 2025 [1] Summary by Category - **Company Actions** - The company is engaging in a share repurchase program, indicating a strategy to enhance shareholder value [1] - The total amount allocated for the buyback is HKD 4.4867 million [1] - The number of shares to be repurchased is 2.898 million [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01520 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | ...

Virtual Mind Holding Company Limited 天 機 控 股 有 限 公 司 (incorporated in the Cayman Islands with limited liability) (Stock Code 股份代號：1520) （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） NOTIFICATION LETTER 通知信函 10 September 2025 Dear Non-registered Holder(s) (Note 1) , Virtual Mind Holding Company Limited (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website ...