Financial Performance - Total revenue for the year ended December 31, 2025, was RMB 503,955,150.46, an increase of approximately 14.57% compared to RMB 439,871,713.59 in the previous year[3] - Net loss attributable to shareholders for the year was RMB 73,124,665.33, significantly narrowing from a net loss of RMB 420,592,151.70 in the previous year[3] - Basic loss per share for the year was approximately RMB 0.092, compared to RMB 0.531 in the previous year[3] - The company reported a net loss of RMB 73,124,665.33 for 2025, compared to a net loss of RMB 420,749,395.23 in 2024, indicating a significant improvement[13] - Total operating profit (loss) for 2025 was RMB -23,003,028.27, compared to RMB -409,946,339.66 in 2024, reflecting a reduction in operating losses[13] - The total profit (loss) for 2025 was RMB -25,496,284.61, an improvement from RMB -464,997,342.81 in 2024[13] - The company’s basic and diluted earnings per share for 2025 were both RMB -0.092, compared to RMB -0.531 in 2024, showing a decrease in losses per share[14] - The company reported a net loss attributable to shareholders of RMB -73,124,665.33 for 2025, compared to a loss of RMB -420,592,151.70 in 2024[25][32] Assets and Liabilities - Cash and cash equivalents increased to RMB 340,911,386.19 from RMB 272,556,248.94 in the previous year[6] - Total current assets decreased to RMB 1,332,740,552.71 from RMB 1,624,126,419.15 in the previous year[6] - Total liabilities decreased to RMB 960,088,030.65 from RMB 1,167,687,754.35 in the previous year[11] - Total assets decreased to RMB 2,087,534,960.49 from RMB 2,386,292,423.53 in the previous year[11] - Total accounts receivable decreased to RMB 660,833,470.70 in 2025 from RMB 948,287,506.51 in 2024, a reduction of approximately 30.34%[24] - Total current assets were RMB 1,332,740,552.71, down from RMB 1,624,126,419.15 in 2024, indicating a decrease of about 18.00%[34] - Total liabilities decreased to RMB 855,794,221.94 in 2025 from RMB 1,061,815,660.82 in 2024, a reduction of approximately 19.39%[34] Dividends and Governance - The board of directors recommended not to declare a final dividend for the year ended December 31, 2025[4] - The company did not declare or recommend any dividends for the year ended December 31, 2025[33] - The board of directors has decided not to recommend a final dividend for the year ending December 31, 2025, considering various uncertainties in the industry and the company's long-term development goals[89] - The company has adopted all provisions of the corporate governance code as per the listing rules, ensuring compliance and governance standards[81] - The company has maintained a set of codes of conduct for directors regarding securities trading, ensuring compliance with the trading standards set forth in the listing rules[87] - The company has made amendments to its articles of association to align with business development and comply with relevant laws effective from July 1, 2024[84] Research and Development - Research and development expenses for the year were RMB 23,567,843.41, up from RMB 19,155,472.26 in the previous year[12] - Research and development expenses increased by approximately 23.03% to RMB 23,567,843.41, driven by increased investment in core platform and key technology development[40] - The group has established a stable core technology R&D team, achieving over a hundred software copyrights and invention patents, forming a robust intellectual property system[66] - The group is undertaking a key national R&D project focused on risk prevention and emergency response technology for major traffic accidents, which passed the mid-term assessment in June 2025[66] Operational Efficiency and Cost Management - Operating costs for the year were RMB 436,476,787.59, compared to RMB 375,625,654.92 in the previous year[12] - The group's sales expenses for the year ending December 31, 2025, amounted to RMB 32,676,158.65, a decrease of approximately 12.72% compared to the previous year, due to optimized sales channel structure and controlled marketing expenses[38] - Management expenses for the same period were RMB 20,048,506.68, down about 32.82% year-on-year, attributed to enhanced internal management and cost control measures[39] - Financial expenses decreased by approximately 14.08% to RMB 23,112,074.44, primarily due to optimized debt structure and repayment of bank loans[41] Market and Strategic Initiatives - The group is actively embracing digital transformation in the smart logistics sector, providing comprehensive solutions to enhance regulatory efficiency and facilitate cross-border trade[64] - The group aims to transition from traditional infrastructure to "digital new infrastructure," leveraging AI, cloud computing, and big data to enhance industry capabilities[61] - The group has maintained a stable market growth by focusing on service quality and optimizing cost control, avoiding price wars[65] - The group plans to enhance its market share in smart transportation projects by leveraging policy support and improving brand construction[71] - The group will focus on technology innovation capabilities and optimize internal management processes to improve overall operational efficiency[71] - The group is committed to a technology-driven development path, enhancing service capabilities and optimizing product functions to support the national "14th Five-Year Plan"[75] Projects and Contracts - The group successfully completed multiple high-quality projects, including the intelligent upgrade of the G1522 Changtai Expressway, enhancing operational efficiency and management capabilities[62] - The group has signed several key projects, including the digital integration project for China Telecom and the intelligent expansion project at Wuhu Port, which will improve customs efficiency and reduce costs[65] - The group submitted a logistics monitoring system application case based on innovative technology to the Jiangsu Provincial Department of Industry and Information Technology, which was shortlisted as an outstanding solution in December 2025[67] Leadership and Management - The board has appointed Liu Fei as both the chairman and CEO, consolidating leadership roles to enhance operational stability and strategic planning[82] - The audit committee, consisting of three independent non-executive directors, has reviewed the audited performance of the group during the review period[78]

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。 （於中華人民共和國註冊成立之股份有限公司） 盈利警告 本公告乃由南京三寶科技股份有限公司（「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條及香港法例第571章證券及期貨條例第XIVA部項 下的內幕消息條文（定義見上市規則）而作出。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，基於本集團管理層對本集團截 至二零二五年十二月三十一日止年度之最新未經審核綜合管理賬目所作之初步評估，預期本集團截 至二零二五年十二月三十一日止年度將錄得歸屬於母公司股東的淨虧損介乎約人民幣6千萬元至人民 幣8千萬元，而截至二零二四年十二月三十一日止年度則錄得歸屬於母公司股東的淨虧損約人民幣4.2 億元，業績虧損顯著收窄。 本集團本年度預計仍將虧損的主要原因是受宏觀環境及行業競爭加劇、原材料採購成本持續走高等 影響，導致毛利率下降，利潤空間進一步 ...

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。 南京三寶科技股份有限公司（「本公司」）董事會（「董事會」）謹此公佈，董事會將於 二零二六年三月三十日（星期一）假座中華人民共和國（「中國」）江蘇省南京市棲霞 區馬群大道十號舉行董事會會議，藉以（其中包括）考慮及批准本公司及其附屬公司 截至二零二五年十二月三十一日止之全年業績及其發佈，以及考慮派發未期股息（如 有）之建議。 承董事會命 南京三寶科技股份有限公司 董事長 劉飛 南京三寶科技股份有限公司 NANJING SAMPLE TECHNOLOGY CO.,LTD.* 中國，南京 二零二六年三月十六日 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1708） 董事會會議通告 於本公告日期，執行董事為劉飛先生（董事長）、馬風奎先生及劉民先生；非執行董事為張 成吉先生；獨立非執行董事為張斌先生、徐高彥女士及鍾月媚女士。 ...

FF301 致：香港交易及結算所有限公司 公司名稱: 南京三寶科技股份有限公司 呈交日期: 2026年3月2日 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: 2026年2月28日 狀態: 新提交 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01708 | 說明 | H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 229,500,000 | RMB | | 1 | RMB | | 229,500,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 229,500,000 | RMB | | 1 | RMB | | 229,500,000 | | 2. 股份分類 ...

Stock Performance - The stock price of Sanbao Technology (01708.HK) increased by 5.95% on February 20, 2026, closing at HKD 0.45, breaking through the 5-day moving average and reaching the upper Bollinger Band, indicating enhanced short-term momentum [1] - Since the beginning of 2026, the stock has accumulated a rise of 78%, although it has low liquidity, making it susceptible to fluctuations from small amounts of capital [1] Financial Performance - The latest financial data shows a trend of narrowing losses, with a net loss attributable to shareholders of approximately RMB 12.27 million for the first half of 2025, an improvement from a loss of RMB 15.48 million in the same period of 2024 [1] - The gross margin increased from 13.80% to 19.40% [1] - For the full year of 2024, the company reported revenue of RMB 440 million and a net loss of RMB 421 million, primarily due to intense industry competition and litigation affecting its reputation [1] Business Overview - The company's main business focuses on RFID and video recognition solutions in the smart transportation and customs logistics sectors [1] - Recent market attention includes sentiment in the digital solutions sector, the flow of funds into undervalued small-cap stocks, and the sustainability of performance improvements [1]

Group 1 - The stock price of Sanbao Technology (01708.HK) increased by 5.95% on February 20, 2026, closing at HKD 0.45 with a trading volume of HKD 3,320, potentially influenced by technical indicators and market conditions [1] - The stock price broke through the 5-day moving average of HKD 0.425 and reached the upper Bollinger Band at HKD 0.557, indicating enhanced short-term momentum as the KDJ indicator's J line rose to 57.87 [1] - Despite the MACD histogram being negative at -0.011, the divergence value of 0.032 is close to the signal line at 0.037, suggesting signs of a potential rebound in some technical indicators [1] Group 2 - On the same day, the digital solutions service sector in the Hong Kong stock market saw a slight increase of 0.31%, while the Hang Seng Index fell by 1.10%, indicating a possible shift of funds towards undervalued small-cap stocks [2] - Sanbao Technology has a total market capitalization of HKD 352 million and low liquidity with a turnover rate of 0%, making it susceptible to the influence of small amounts of capital [2] Group 3 - Since the beginning of 2026, the stock has accumulated a rise of 78%, with a single-day volatility of only 1.19% on February 20, suggesting that the increase may be a continuation of prior trends rather than driven by sudden positive news [3]

Group 1 - The top-performing stock among state-owned enterprises is Tianye Water Conservation, with a price increase of 22.22% [1] - On February 20, Tianye Water Conservation opened at HKD 0.248, reached a high of HKD 0.248, and closed at HKD 0.231 [1] - The stock's previous closing price was HKD 0.189, indicating a significant rise [2] Group 2 - The second highest increase was Shanghai Qingpu Fire Protection, with a price increase of 20.00%, closing at HKD 15.000 [2] - Tianjie Environment ranked third with a 12.17% increase, closing at HKD 2.120 [2] - Other notable performers include China Railway with an 8.48% increase, and Binhai Teda Logistics with a 7.69% increase [2]

Core Viewpoint - Sanbao Technology (01708.HK) has shown active stock price performance, with a significant year-to-date increase of 68.00% as of February 12, 2026 [1] Stock Performance - As of February 12, 2026, the stock price closed at HKD 0.42, up 3.70% from the closing price of HKD 0.405 on February 6, 2026 [1] - The trading volume has been low, but there have been notable price fluctuations, with a single-day increase of 3.61% on February 10, 2026, and a volatility of 12.35% on February 11, 2026 [1] Technical Indicators - The MACD histogram has shifted from positive to negative, indicating potential short-term adjustment pressure [1] - The KDJ indicator's J line has dropped to 10.999, further suggesting a need for caution [1] - The upper Bollinger Band is at HKD 0.56, while the stock price is near the middle band at HKD 0.392, reflecting a range-bound trading pattern [1]

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: 2026年1月31日 狀態: 重新提交 致：香港交易及結算所有限公司 公司名稱: 南京三寶科技股份有限公司 呈交日期: 2026年2月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01708 | 說明 | H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 229,500,000 | RMB | | 1 | RMB | | 229,500,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 229,500,000 | RMB | | 1 | RMB | | 229,500,000 | | 2. 股份分 ...

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: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 南京三寶科技股份有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01708 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 229,500,000 | RMB | | 1 RMB | | 229,500,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 229,500,000 | RMB | | 1 RMB | | 229,500,000 | 足夠公眾持股量的確認(註4) | 根據《主板上市規則》 ...