Group 1 - The company, Lianyang Intelligent Holdings (01561), announced that its indirect non-wholly owned subsidiary, Lianyang Guorong (Beijing), subscribed to units of a fund with a principal amount of RMB 20 million on April 15, 2025, and May 7, 2025 [1] - The subscription is recorded as financial assets measured at fair value through profit or loss [1] - The relevant fund units were redeemed on July 8, 2025, and August 20, 2025, yielding a profit of approximately RMB 1.06 million [1] Group 2 - The fund involved is named "Fuxi Bond No. 3 Private Securities Investment Fund" [1]

Core Viewpoint - Lianyang Intelligent Holdings (01561.HK) announced the subscription of units in a private securities investment fund, indicating a strategic move towards stable asset growth through investment in the fund [1] Group 1: Investment Details - The company’s indirect non-wholly owned subsidiary, Lianyang Guorong (Beijing), subscribed to the fund units on April 15, 2025, and May 7, 2025, with a principal amount of RMB 20,000,000 each [1] - The subscription is recorded as financial assets measured at fair value through profit or loss [1] Group 2: Redemption and Returns - The fund units were redeemed on July 8, 2025, and August 20, 2025, resulting in a recorded profit of approximately RMB 1,060,000 [1] Group 3: Fund Information - The fund is named Fuxi Bond No. 3 Private Securities Investment Fund, with an investment objective focused on constructing a portfolio for sustained and stable growth of fund assets based on in-depth research [1]

Group 1 - The company, Lianyang Intelligent Holdings (01561), announced that its indirect non-wholly owned subsidiary, Lianyang Guorong (Beijing), subscribed to units of a fund with a principal amount of RMB 20 million each on April 15, 2025, and May 7, 2025 [1] - The subscription is recorded as financial assets measured at fair value through profit or loss [1] - The relevant fund units were redeemed on July 8, 2025, and August 20, 2025, generating a profit of approximately RMB 1.06 million [1] Group 2 - The fund involved is named "Fuxi Bond No. 3 Private Securities Investment Fund" [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 何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Pan Asia Data Holdings Inc. 聯 洋 智 能 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號： 1561） 有關認購該基金單位之主要交易 認購該基金單位 董事會宣佈，本公司間接非全資附屬公司聯洋國融（北京）分別於2025年4月15日 及2025年5月7日認購該基金單位，本金金額均為人民幣20,000,000元。認購事項入 賬列作本公司按公允價值計入損益計量的金融資產。所有相關該基金單位已分 別於2025年7月8日及2025年8月20日贖回，錄得收益約人民幣1,060,000元。 上市規則的涵義 由於認購事項各自最高適用百分比率（定義見上市規則）超過25%，故各項認購 事項構成本公司的主要交易，須遵守上市規則第14章項下之申報、公告及股東批 准規定。 1 該基金單位之認購事項 董事會宣佈，本公司間接非全資附屬公司聯洋國融（北京） ...

格隆汇8月15日丨联洋智能控股(01561.HK)公布，本公司将于2025年8月29日（星期五）举行董事会会 议，藉此董事会将（当中包括）批准本公司及其附属公司截至2025年6月30日止六个月的中期业绩公 告，及考虑宣派中期股息（如有）。 ...

格隆汇8月15日丨联洋智能控股(01561.HK)公布，公司将于2025年8月29日召开董事会会议，以（其中包 括）审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议 （如有）。 ...

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: 新提交 第 1 頁 共 10 頁 v 1.1.1 FF301 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) | 01561 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,0 ...

Company Overview - Lianyang Intelligent Holdings primarily engages in providing big data services, third-party payment services, and manufacturing and trading of liquid and powder coatings [2] Financial Performance - As of December 31, 2024, Lianyang Intelligent Holdings reported total revenue of 156 million yuan, a year-on-year decrease of 70.04% [1] - The company recorded a net profit attributable to shareholders of -263 million yuan, representing a year-on-year decline of 373.7% [1] - The gross profit margin stood at 59.6%, while the debt-to-asset ratio was 106.6% [1] Stock Performance - On June 20, the stock price closed at 0.134 HKD per share, marking an increase of 54.02% with a trading volume of 24.08 million shares and a turnover of 3.4238 million HKD, showing a volatility of 135.63% [1] - Over the past month, the stock has seen a cumulative increase of 81.25%, but it has declined by 33.59% year-to-date, underperforming the Hang Seng Index by 15.84% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the software services industry (TTM) is -10.84, with a median of -2.26 [1] - Lianyang Intelligent Holdings has a P/E ratio of -0.33, ranking 147th in the industry [1] - Comparatively, other companies in the sector have P/E ratios such as Lujing Technology at 3.63, Jingtou Transportation Technology at 3.88, and Huanghe Industry at 3.91 [1]

Financial Performance - The total revenue for the fiscal year ending December 31, 2024, was approximately HKD 168.83 million, a decrease of about 70.0% compared to HKD 563.54 million in 2023[10] - Revenue from big data services for the fiscal year was approximately HKD 167.67 million, down from HKD 561.40 million in 2023[10] - The company reported a loss from continuing operations of approximately HKD 496.37 million for the fiscal year, compared to a loss of HKD 132.46 million in 2023[10] - Loss per share from continuing operations was approximately HKD 0.266 for the fiscal year, compared to HKD 0.061 in 2023[11] - The net asset value per share attributable to owners was approximately HKD 0.05, down from HKD 0.22 in 2023[12] - The company did not recommend a final dividend for the fiscal year, consistent with 2023[13] - The group's gross profit from continuing operations decreased to approximately HKD 100,629,000 for the year ended December 31, 2024, down from HKD 402,390,000 in 2023, resulting in a gross margin of approximately 59.6% compared to 71.4% in 2023[23] - The impairment loss on non-financial assets for the group's continuing operations was approximately HKD 357,606,000 for the year ended December 31, 2024, compared to none in 2023[23] - The group's financing costs increased to approximately HKD 20,509,000 for the year ended December 31, 2024, up from HKD 10,936,000 in 2023, primarily due to increased interest on bank and other borrowings[26] - The group's non-current assets were approximately HKD 112,827,000 as of December 31, 2024, a significant decrease from HKD 495,369,000 in 2023, including intangible assets dropping to approximately HKD 22,885,000 from HKD 367,599,000[27] - The group’s administrative expenses from continuing operations decreased to approximately HKD 92,389,000 for the year ended December 31, 2024, down from HKD 104,187,000 in 2023, mainly due to reduced employee costs[24] - The group’s research and development expenses decreased significantly to approximately HKD 36,087,000 for the year ended December 31, 2024, from HKD 222,054,000 in 2023, primarily due to reduced employee costs and technical service expenses in the big data services segment[24] - As of December 31, 2024, the total debt of the group was approximately HKD 149,202,000, a significant decrease from HKD 595,813,000 in 2023[28] - The group's debt-to-asset ratio as of December 31, 2024, was 1.1 times, compared to 0.7 times in 2023[29] - The current ratio, calculated as current assets divided by current liabilities, was approximately 0.8 times as of December 31, 2024, down from 1.0 times in 2023[29] Business Strategy and Operations - The company is focusing on enhancing its core capabilities and optimizing resource allocation to improve customer retention and operational efficiency[6] - The company plans to upgrade its SaaS/PaaS cloud platform architecture and develop a multimodal data fusion engine to enhance service offerings[8] - The company aims to explore new data applications in government data governance and supply chain finance[8] - The company emphasizes a long-term strategy, focusing on technology development and operational efficiency amidst external challenges[7] - The group has decided to sell its entire interest in the third-party payment services segment due to its negative contribution in the previous year[22] - The average revenue growth rate for LYGR Group from fiscal year 2024 to 2028 is estimated at approximately 24.6%[37] - The average revenue growth rate for LYGR Group from fiscal year 2025 to 2029 has been revised down to approximately 8.1%[41] - The company is primarily engaged in investment holding, with significant revenue expected to continue from its operations in China[62] - The company aims to maintain sufficient reserves while providing ongoing returns to shareholders, considering various financial and operational factors[68] Governance and Compliance - The board consists of experienced directors with backgrounds in finance and law, enhancing governance and strategic oversight[60] - The company has a structured approach to managing its business risks, with policies in place to identify and mitigate potential adverse impacts[63] - The company has faced compliance issues with listing rules, as disclosed in announcements made on May 31, 2024[62] - The board consists of nine members, including four executive directors, two non-executive directors, and three independent non-executive directors[123] - The company has adopted a diversity policy for board members, considering factors such as gender, age, cultural background, and professional experience[134] - The company has established anti-corruption and reporting policies to promote a healthy corporate culture[120] - The board is responsible for overall strategy and performance monitoring, while management is tasked with day-to-day operations[127] - The company has established a shareholder communication policy to ensure that shareholder opinions and concerns are properly addressed[170] Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes its commitment to sustainable development and corporate social responsibility, integrating environmental, social, and governance (ESG) considerations into its annual risk assessments[178] - The board of directors is responsible for overseeing ESG-related risks and opportunities, establishing strategies and goals, and reviewing performance annually[179] - The company has established an ESG working group composed of senior management to support the board in implementing ESG strategies and managing identified issues[180] - Key ESG issues identified include emissions, greenhouse gas emissions, and energy consumption, with a focus on compliance with environmental laws and regulations[189] - The company is committed to monitoring and adhering to relevant environmental laws, including the Environmental Protection Law and the Air Pollution Prevention and Control Law[189] - The company aims to enhance employee awareness of environmental protection and establish a sustainable operational environment[189] - The company recorded zero emissions of nitrogen oxides, sulfur oxides, and particulate matter during the reporting period, a significant reduction compared to the previous period where nitrogen oxides were 72.48 kg, sulfur oxides were 0.12 kg, and particulate matter was 3.66 kg[191] - The total greenhouse gas emissions decreased from 1,628.34 tons of CO2 equivalent in the previous year to 303.05 tons in the current year, representing a reduction of approximately 81.39%[193] - The company aims to maintain or reduce greenhouse gas emissions density between 90% to 120% compared to the baseline level by December 31, 2024[193] - The company has implemented green office measures to reduce paper usage, including setting printers to double-sided printing by default[198] Shareholder and Stakeholder Engagement - The company encourages all shareholders to attend the Annual General Meeting and allows for proxy representation if unable to attend[166] - The next Annual General Meeting is scheduled for June 2, 2025, with a notice to be sent at least 20 business days prior[166] - Shareholders holding at least 10% of the paid-up capital can request a special general meeting, which must be held within two months of the request[168] - The company’s website provides updated information regarding board members, committee charters, and other relevant corporate communications[170]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 168,832,000, a decrease of 70% compared to HKD 563,539,000 in 2023[2] - The gross profit for the same period was HKD 100,629,000, down 75% from HKD 402,390,000 in the previous year[2] - The company incurred a loss before tax of HKD 498,142,000, compared to a loss of HKD 146,116,000 in 2023, representing a significant increase in losses[2] - The total comprehensive loss for the year was HKD 496,175,000, compared to HKD 156,518,000 in 2023, indicating a worsening financial position[3] - The company reported a basic and diluted loss per share of HKD 26.6, compared to HKD 6.6 in 2023, highlighting a deterioration in earnings performance[3] - The group recorded a net loss of approximately HKD 496,370,000 for the year ending December 31, 2024, with current liabilities and net losses amounting to approximately HKD 141,937,000 and HKD 36,229,000 respectively[15] - The group reported total customer contract revenue from continuing operations of HKD 168,832,000 in 2024, down from HKD 563,539,000 in 2023, indicating a decline of approximately 70%[18] - The group reported a total loss from continuing operations of HKD 496,370,000 for the year ended December 31, 2024, compared to a loss of HKD 132,463,000 for the previous year[23][27] - The loss from continuing operations for the year ended December 31, 2024, was approximately HKD 496,370,000, compared to a loss of HKD 132,463,000 in 2023[43] - The loss per share from continuing operations was approximately HKD 0.266 for the year ended December 31, 2024, compared to HKD 0.061 in 2023[43] Asset and Liability Management - The company's total assets decreased to HKD 549,210,000 in 2024 from HKD 1,628,712,000 in 2023, reflecting a significant reduction in asset value[4] - The company's current liabilities amounted to HKD 578,320,000, down from HKD 1,154,527,000 in the previous year, indicating a reduction in short-term obligations[4] - The company’s equity attributable to owners decreased to a deficit of HKD 54,339,000 from HKD 229,723,000 in 2023, reflecting a significant decline in shareholder value[5] - As of December 31, 2024, the group's total debt amounted to approximately HKD 149,202,000, a significant decrease from HKD 595,813,000 in 2023[57] - The asset-liability ratio as of December 31, 2024, was 1.1 times, compared to 0.7 times in 2023, indicating increased leverage[58] - The current ratio was approximately 0.8 times as of December 31, 2024, down from 1.0 times in 2023, reflecting liquidity concerns[58] Impairment and Losses - The company has recognized an impairment loss of HKD 357,606,000 on non-financial assets, which was not present in the previous year[2] - The impairment loss recognized for trade receivables was HKD 59,559,000 in 2024, significantly higher than HKD 1,064,000 in 2023[26] - The group recognized a total impairment loss of HKD 357,606,000 for non-financial assets in 2024, with significant losses attributed to intangible assets[27] - The impairment loss related to non-financial assets for the LYGR cash-generating unit amounted to HKD 357,606,000, which has been recognized in the profit and loss statement[36] - The recoverable amount of the LYGR cash-generating unit was approximately HKD 74,232,000 as of December 31, 2024, down from HKD 1,259,755,000 in 2023[35] Revenue Decline - Revenue from big data services significantly declined, with data analytics service revenue dropping to HKD 167,673,000 in 2024 from HKD 561,399,000 in 2023, representing a decrease of approximately 70.2%[18] - Revenue from big data services for the year ended December 31, 2024, was approximately HKD 167,673,000, down about 70.1% from HKD 561,399,000 in 2023[46] - The gross profit margin for continuing operations decreased to approximately HKD 100,629,000, with a gross margin of about 59.6%, down from HKD 402,390,000 and 71.4% in 2023[51] Future Outlook and Strategies - The group is facing significant uncertainty regarding its ability to continue as a going concern due to outstanding debts totaling approximately HKD 253,967,000, which exceeds cash and cash equivalents of approximately HKD 37,949,000 as of December 31, 2024[15] - The group plans to seek additional funding through equity financing and long-term debt financing to support operational cash flow[16] - The group is actively negotiating with convertible bondholders for favorable settlement terms regarding principal and interest defaults[16] - The group aims to improve revenue from big data services by renewing or signing licensing agreements with various providers[16] - The group is considering selling its loss-making third-party payment services to avoid future resource injections and strengthen its financial position[16] - The group plans to sell its entire interest in the third-party payment services segment due to negative contributions from that segment in the previous year[50] - The group is focusing on "strategic contraction and capability accumulation" to shift from scale growth to value creation amid a challenging economic environment[71] - The group aims to deepen its technological capabilities and expand its ecosystem through a dual-driven approach of "technological depth and ecological extension"[71] Compliance and Governance - The independent auditor confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2024[78] - The group has complied with all provisions of the corporate governance code during the year ended December 31, 2024[75] Employee and Operational Costs - The group incurred total employee costs of HKD 71,529,000 in 2024, down from HKD 129,372,000 in 2023[27] - The group employed 172 employees as of December 31, 2024, a slight increase from 171 in 2023[64] Other Financial Metrics - The group reported a total of HKD 24,847,000 in other income for 2024, compared to a loss of HKD 94,840,000 in 2023[25] - Interest income from continuing operations decreased to HKD 411,000 in 2024 from HKD 874,000 in 2023[24] - The group's total financing costs increased to HKD 20,509,000 in 2024 from HKD 10,936,000 in 2023[26] - The group did not declare any dividends for the years ended December 31, 2024, and 2023[30] - The company decided not to recommend a final dividend for the year ended December 31, 2024[44] Regulatory Changes - The new Hong Kong Financial Reporting Standards, effective from January 1, 2027, are expected to impact the presentation and disclosure of the income statement in future financial reports[11] - The group is currently assessing the specific impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements[11]