協同通信集團有限公司 （於開曼群島註冊成立之有限公司） (Stock Code: 1613) （股份代號：1613） NOTIFICATION LETTER 通知信函 31 December 2025 Dear Registered Shareholder(s), Synertone Communication Corporation (the "Company") Notification of publication of 2025 Interim Report (the "Current Corporation Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.synertone.net and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at ww ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 9,271,000, a decrease of 87.8% compared to HKD 76,124,000 for the same period in 2024[5] - Gross profit for the same period was HKD 3,967,000, down 35.8% from HKD 6,182,000 in 2024[5] - Operating loss increased to HKD 14,904,000, compared to HKD 13,759,000 in the previous year, reflecting a 8.3% increase in losses[5] - The company reported a net loss of HKD 14,947,000 for the period, slightly improved from HKD 14,948,000 in 2024[6] - The total comprehensive loss for the period was HKD 14,910,000, which includes a loss attributable to owners of the company of HKD 12,374,000[9] - The company reported a pre-tax consolidated loss of HKD 14,940,000 for the six months ending September 30, 2025, compared to a loss of HKD 14,948,000 in the same period of 2024[22] - The company reported a net loss of HKD 12,374,000 for the six months ended September 30, 2025, compared to a net loss of HKD 13,319,000 for the same period in 2024, indicating a slight improvement in financial performance[37] Cash Flow and Liquidity - The company reported a net cash outflow from operating activities of HKD 9,369,000 for the six months ended September 30, 2025, compared to HKD 25,617,000 for the same period in 2024, indicating an improvement[10] - Cash and cash equivalents dropped to HKD 3,669,000 from HKD 11,030,000, a decrease of 66.7%[7] - The cash and cash equivalents decreased by HKD 7,431,000 during the period, with an ending balance of HKD 3,669,000[12] - The financing activities resulted in a net cash outflow of HKD 538,000, compared to HKD 3,394,000 in the prior year, reflecting reduced financing costs[10] Assets and Liabilities - Total assets decreased to HKD 125,828,000 from HKD 147,341,000, representing a decline of 14.5%[7] - Current liabilities increased to HKD 73,222,000 from HKD 113,728,000, indicating a significant reduction of 35.6%[7] - The company’s equity attributable to owners decreased to HKD 102,191,000 from HKD 107,992,000, a decline of 5.4%[8] - Total assets for the group as of September 30, 2025, amounted to HKD 174,192,000, down from HKD 221,444,000 as of March 31, 2025[24] - The total liabilities for the group as of September 30, 2025, were HKD 73,370,000, compared to HKD 113,728,000 as of March 31, 2025, indicating a reduction in liabilities[24] Revenue Breakdown - The revenue breakdown for the six months ending September 30, 2025, included HKD 841,000 from smart building solutions, HKD 8,385,000 from control systems, and HKD 45,000 from smartphone distribution[25] - The smart building segment's revenue from external customers decreased from HKD 861,000 in 2024 to HKD 841,000 in 2025, reflecting a decline of approximately 2.3%[25] - Control systems revenue saw a significant drop from HKD 15,560,000 in 2024 to HKD 8,385,000 in 2025, a decrease of about 46.1%[25] - The smartphone distribution business recorded revenue of HKD 45 million with a segment loss of HKD 3.9 million, a significant decline from HKD 59.7 million in revenue in the previous period[64] Expenses and Cost Management - Research and development expenses were HKD 1,090,000, a decrease of 25.2% from HKD 1,459,000 in the previous year[5] - Employee costs, including directors' remuneration, totaled HKD 7,836,000 for the six months ended September 30, 2025, down from HKD 9,536,000 in 2024, a decrease of about 17.8%[30] - Administrative and other operating expenses decreased by approximately 3.1 million HKD or 21.4% to about 11.4 million HKD, mainly due to reduced employee costs and legal fees[78] - Selling and distribution expenses increased by approximately 37,000 HKD or 25.9% to about 180,000 HKD, attributed to increased marketing expenses[77] - Financing costs for the six months ended September 30, 2025, were HKD 36,000, significantly lower than HKD 1,188,000 in 2024, reflecting a reduction of approximately 96%[29] Shareholder Information - The company proposed a rights issue to issue up to 897,482,880 shares at a subscription price of HKD 0.135 per share, with a special shareholders' meeting scheduled for December 15, 2025, to approve the resolution[61] - As of September 30, 2025, the company’s major shareholder, Han Wei Ning, holds 43,414,331 shares, representing approximately 9.67% of the equity[96] - Infinity Holding and Nan Yu hold 16.53% of the issued shares, totaling 74,176,000 shares each[101] - Lin Shao Xin holds 7.67% of the issued shares, totaling 34,409,280 shares[101] Corporate Governance - The chairman position has been vacant since January 3, 2020, and the CEO position has been vacant since March 18, 2025[110] - The company is actively seeking suitable candidates to fill the vacancies of chairman and CEO[110] - The company has adopted the Corporate Governance Code and believes it has complied with all applicable code provisions, except for certain provisions due to the vacant positions[108] - The audit committee, consisting of three independent non-executive directors, is responsible for reviewing the financial reporting system, risk management, and internal control systems[118] Future Outlook - The company plans to relocate its production facility to Australia to serve the Australian and Western markets, aiming to revitalize its building intelligence business[70] - The market environment remains challenging, with persistent inflation and high interest rates suppressing consumer demand and business investment in China[70] - The company will maintain a cautious approach with strict cost control while leveraging its expertise in fintech and artificial intelligence to seize opportunities[70]

Group 1 - The top gainers in the Hong Kong stock market include Huameilole (08429.HK) with a rise of 45.28%, Gaokeqiao (09963.HK) up by 44.44%, and Yida China (03639.HK) increasing by 36.36% [1][2] - Other notable gainers are Senmei Holdings (00756.HK) with a 31.43% increase, Zhihua Group (01842.HK) rising by 29.41%, and Xietong Communication (01613.HK) up by 13.92% [1][2] - Additional companies showing significant gains include Aochuan Thinking Holdings (08091.HK) with a 12.50% rise, Futong Technology (00465.HK) increasing by 12.28%, and Zhongke Biological (01237.HK) up by 11.69% [1][2] - The last in the top ten gainers is Gaoyuan Zhibao (08402.HK) with an increase of 11.03% [1][2]

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 或任何部分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。 協同通信集團有限公司 Synertone Communication Corporation 股東特別大會的投票結果 董 事 會 欣 然 宣 佈，提 呈 通 告 所 載 的 普 通 決 議 案（「普通決議案」）已 於 二 零 二 五 年 十 二 月 十 五 日 舉 行 的 股 東 特 別 大 會 上 獲 股 東 以 投 票 表 決 方 式 正 式 通 過。普 通 決 議案的投票結果如下： | 票 | 數 | （概約%） | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

呈交日期: 2025年12月1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) | 01613 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.1 | HKD | | 400,000,000 | 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11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 協同通信集團有限公司 本月底法定/註冊 ...

Core Points - The company reported a revenue of HKD 9.271 million for the six months ending September 30, 2025, representing a year-on-year decrease of 87.82% [1] - The loss attributable to the owners of the company was HKD 12.374 million, a year-on-year decrease of 7.1% [1] - The loss per share was HKD 0.0276 [1] Revenue Analysis - The significant decline in revenue is primarily attributed to the reduction in the smartphone distribution segment, which is facing intense market competition and low profitability [1]

Core Viewpoint - The company reported a significant decline in revenue and an increase in losses for the six months ending September 30, 2025, primarily due to reduced operations in the smartphone distribution segment, which faces intense competition and low profitability [1] Financial Performance - Revenue for the period was HKD 9.271 million, representing a year-on-year decrease of 87.82% [1] - Loss attributable to shareholders was HKD 12.374 million, a year-on-year decrease of 7.1% [1] - Loss per share was HKD 0.0276 [1] Business Segment Analysis - The decline in revenue was mainly attributed to the contraction of the smartphone distribution business segment [1] - The smartphone distribution segment is characterized by fierce market competition and low profitability [1]

Financial Performance - For the six months ended September 30, 2025, the company reported revenue of HKD 9,271,000, a decrease of 87.8% compared to HKD 76,124,000 for the same period in 2024[3] - Gross profit for the same period was HKD 3,967,000, down 35.8% from HKD 6,182,000 year-over-year[3] - Operating loss increased to HKD 14,904,000, compared to a loss of HKD 13,759,000 in the previous year, reflecting a year-over-year increase of 8.3%[3] - The company reported a net loss of HKD 14,947,000 for the six months, slightly improved from a loss of HKD 14,948,000 in the prior year[4] - Total revenue for the six months ended September 30, 2025, was HKD 9,271,000, compared to HKD 76,124,000 for the same period in 2024, representing a significant decline[18] - The adjusted EBIT for the reporting segments showed a loss of HKD 12,768,000 for the six months ended September 30, 2025, compared to a loss of HKD 7,685,000 for the same period in 2024[15][16] Revenue Breakdown - Revenue from the "Smartphone Distribution" segment was HKD 45,000 for the six months ended September 30, 2025, significantly lower than HKD 59,691,000 for the same period in 2024[15][16] - The "Building Intelligence" segment reported revenue of HKD 841,000 for the six months ended September 30, 2025, down from HKD 861,000 in the previous year[15][16] - The "Control Systems" segment generated revenue of HKD 8,385,000 for the six months ended September 30, 2025, compared to HKD 15,560,000 for the same period in 2024[15][16] - Revenue from smartphone distribution was HKD 45,000 for the six months ended September 30, 2025, down from HKD 59,691,000 in 2024[18] - Revenue from control systems decreased to HKD 8,385,000 in 2025 from HKD 15,560,000 in 2024, indicating a decline of approximately 46%[18] - Revenue from the Hong Kong market was HKD 45,000 in 2025, a decrease from HKD 49,991,000 in 2024[20] - Revenue from China was HKD 9,226,000 for the six months ended September 30, 2025, down from HKD 16,421,000 in 2024, reflecting a decline of about 44%[20] Expenses and Costs - Research and development expenses were HKD 1,090,000, down 25.2% from HKD 1,459,000 in the same period last year[3] - Employee costs, including director remuneration, totaled HKD 7,836,000 for the six months ended September 30, 2025, down from HKD 9,536,000 in 2024, a decrease of approximately 18%[23] - The sales and distribution expenses increased by approximately HKD 37,000 or 25.9% to about HKD 180,000 due to higher marketing expenditures[61] - Research and development expenses decreased by approximately HKD 0.4 million or 26.7% to about HKD 1.1 million as the group implemented cost control measures[63] Assets and Liabilities - Total assets decreased to HKD 125,828,000 from HKD 147,341,000, representing a decline of 14.5%[6] - Current liabilities decreased from HKD 113,728,000 to HKD 73,222,000, a reduction of 35.6%[6] - The company's cash and cash equivalents dropped to HKD 3,669,000 from HKD 11,030,000, a decrease of 66.7%[6] - The company’s total equity decreased to HKD 100,822,000 from HKD 107,716,000, a decline of 6.5%[7] - The total assets for the group as of September 30, 2025, were HKD 174,192,000, down from HKD 221,444,000 as of March 31, 2025[17] - The total liabilities for the group as of September 30, 2025, were HKD 73,370,000, compared to HKD 113,728,000 as of March 31, 2025[17] Shareholder Information - Basic and diluted loss per share improved to HKD 2.76 from HKD 3.65 year-over-year[4] - Basic loss per share for the six months ended September 30, 2025, was approximately HKD 12,374,000, compared to HKD 13,319,000 for the same period in 2024[29] - The average number of ordinary shares used for calculating basic and diluted loss per share was 448,742,000 for the six months ended September 30, 2025[30] - The company did not declare or propose any dividends for the six months ended September 30, 2025, consistent with the previous period[28] - No interim dividend has been declared for the six months ending September 30, 2025, compared to no dividend for the same period in 2024[80] Corporate Governance and Compliance - The company has adopted the Corporate Governance Code and believes it has complied with all applicable code provisions, except for certain provisions regarding the roles of the chairman and CEO, which have been vacant since January 3, 2020, and March 18, 2025, respectively[82][83] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2025, and confirmed compliance with applicable accounting standards[87] Future Outlook - The company continues to adopt the going concern basis in preparing its financial statements, anticipating sufficient resources to continue operations in the foreseeable future[12] - The group plans to relocate its production base to Australia to serve the Australian and Western markets, aiming to revitalize its building intelligence business[54] - The group will continue to explore new business and investment opportunities to expand or diversify its operations for long-term benefits[55]

Core Viewpoint - The company expects a significant decrease in revenue for the six-month period ending September 30, 2025, with projected earnings of approximately HKD 9.3 million, a decline of about 87.8% compared to HKD 76.1 million in the same period of 2024 [1] Revenue Summary - The anticipated revenue drop is primarily due to the company's reduction of its mobile distribution business segment, which faces intense market competition and low profitability [1] - The decrease in revenue from this segment is not expected to have a significant impact on the overall losses for the period, which are projected to be around HKD 14.9 million, similar to the level in 2024 [1]

Core Viewpoint - The company, Xie Tong Communication (01613.HK), anticipates a significant decline in revenue for the six months ending September 30, 2025, primarily due to the reduction of its mobile distribution business segment, which faces intense competition and low profitability [1] Financial Performance - The expected revenue for the period is approximately HKD 93 million, representing a decrease of about 87.8% compared to the revenue of approximately HKD 761 million for the same period in 2024 [1] - The anticipated loss for the period is around HKD 14.9 million, which is similar to the loss levels in 2024 [1] Business Strategy - The substantial decrease in revenue is attributed to the company's decision to scale back its mobile distribution business segment due to its low gross margins and challenging market conditions [1] - The reduction in revenue from this segment does not significantly impact the overall loss for the company during the period [1]