Core Insights - Derin Holdings (01709) reported a revenue of HKD 118 million for the six months ending September 30, 2025, representing a year-on-year increase of 42.63% [1] - The profit attributable to the company's owners reached HKD 200 million, marking a significant year-on-year increase of 2486.85% [1] - The basic earnings per share stood at HKD 0.1299 [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 118,454,000, representing a 42.6% increase from HKD 83,048,000 in the same period of 2024[3] - Gross profit for the same period was HKD 75,487,000, up 21.2% from HKD 62,259,000 year-on-year[3] - Operating profit surged to HKD 207,318,000, compared to HKD 30,465,000 in the previous year, marking a significant increase of 579.5%[3] - Net profit for the period reached HKD 202,325,000, a substantial rise from HKD 7,749,000, reflecting a year-on-year growth of 2605.5%[3] - Total comprehensive income for the period was HKD 202,787,000, compared to HKD 7,879,000 in the previous year, indicating a growth of 2471.5%[5] - The company reported a total profit before tax of HKD 204,399,000 for the six months ended September 30, 2025, compared to HKD 8,357,000 in the same period of 2024, showing a significant increase[30] - The company reported a net profit attributable to shareholders of HKD 200,455,000 for the six months ended September 30, 2025, compared to HKD 7,749,000 for the same period in 2024, representing a significant increase[45] - The group recorded revenue of approximately HKD 118.5 million, an increase of about 42.6% compared to HKD 83.0 million for the six months ended September 30, 2024[80] - The group reported a net profit of approximately HKD 202.3 million, an increase of over 2000% compared to HKD 7.7 million for the six months ended September 30, 2024[89] Revenue Breakdown - Revenue from licensed financial services reached HKD 73,255,000, up 66.5% from HKD 44,017,000 year-over-year[25] - Family office services generated revenue of HKD 26,820,000, an increase of 30.5% compared to HKD 20,547,000 in the previous year[25] - Interest income from lending services amounted to HKD 6,965,000, reflecting a 16.2% increase from HKD 5,992,000 in the prior period[25] - The segment revenue from licensed financial services increased from approximately HKD 48.5 million to about HKD 75.6 million, primarily due to increased commission and brokerage fees from securities trading and insurance brokerage services[72] - The company’s lending services segment reported revenue of approximately HKD 7.0 million, an increase from HKD 6.0 million for the six months ended September 30, 2024[74] - The company’s investment management and financial advisory services generated service fees of approximately HKD 23.7 million, down from HKD 32.3 million for the same period in 2024[69] Assets and Liabilities - Total assets as of September 30, 2025, amounted to HKD 1,095,612,000, compared to HKD 617,240,000 as of March 31, 2025, showing a growth of 77.5%[6] - The company’s total liabilities as of September 30, 2025, were HKD 431,969,000, compared to HKD 342,132,000 as of March 31, 2025, indicating an increase of 26%[31] - The total assets reported as of September 30, 2025, were HKD 2,128,170,000, an increase from HKD 1,289,925,000 as of March 31, 2025[31] - Current assets net value as of September 30, 2025, was approximately HKD 769.4 million, up from HKD 365.0 million as of March 31, 2025[90] - The current ratio improved to approximately 3.36 from 2.45[90] - The debt-to-equity ratio decreased from approximately 21.6% to 7.7% due to net debt repayment[93] Equity and Share Capital - The company's equity increased to HKD 1,696,201,000 from HKD 947,793,000, reflecting an increase of 79.0%[8] - The company issued a total of 201,456,000 shares at HKD 2.95 per share, raising approximately HKD 582,331,000 after expenses[64] - The company’s total issued and paid-up ordinary shares increased from 1,549,392,877 on March 31, 2025, to 1,750,848,877 on September 30, 2025[63] - The company has conditionally agreed to purchase 2,200 S21XP HYD Bitcoin mining machines for a total consideration of $21,852,600, equivalent to approximately HKD 170,450,280[129] Investment and Strategic Initiatives - The company has established several investment funds, where it acts both as an investor and fund manager, assessing control based on decision-making power and variable returns[13] - The company completed the acquisition of the remaining 55% stake in Derlin Family Office (Hong Kong) Limited on November 28, 2023, enhancing its family office service offerings[73] - The company has entered into legally binding agreements for the acquisition of Bitcoin mining machines, indicating a strategic move into cryptocurrency[66] - The company plans to expand its family office services and enhance its financial advisory offerings in the upcoming fiscal year[30] - The company is focusing on developing its financial services business, which is a major contributor to its revenue[109] - The company plans to continue providing personalized wealth management and succession services to ultra-high-net-worth families through its wealth management platform[109] Corporate Governance - The company is committed to maintaining high standards of corporate governance and ensuring a balanced power structure within its board[117] - The company has established an audit committee responsible for reviewing financial statements and overseeing the financial reporting system[142] - The audit committee consists of three independent non-executive directors, ensuring independence from the company's previous or current auditors[142] Employee and Operational Costs - Employee benefits expenses, including directors' remuneration, rose to HKD 35,673,000 for the six months ended September 30, 2025, compared to HKD 29,242,000 in 2024[34] - The total employee benefit expenses for the reporting period amounted to approximately HKD 35.7 million, compared to HKD 29.2 million for the six months ending September 30, 2024[108] - The company recorded a significant increase in service costs, which rose to HKD 42,967,000 for the six months ended September 30, 2025, from HKD 20,789,000 in 2024[33] Dividend Policy - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2025, consistent with the previous year[41] - The company does not recommend the payment of an interim dividend for the six months ending September 30, 2025, consistent with the previous period where no dividend was paid[119]

1 誠如延遲公告所披露，根據上市規則規定載有（其中包括）有關特別授權認購 事項的資料、股東特別大會之通告及其他資料之通函預期將於2025年11月25 日或之前向股東寄發。由於需要更多時間落實通函的若干資料，故預期通函 將於2025年12月16日或之前寄發予股東。 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的任何損失承擔任何 責任。 DL HOLDINGS GROUP LIMITED 德林控股集團有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1709） 進一步延遲寄發 涉及根據特別授權認購新股份之關連交易之 通函 茲提述本公司日期為2025年8月7日、2025年8月12日及2025年8月14日的公告， 內容有關（其中包括）配售事項、先舊後新認購事項及特別授權認購事項（「該 等公告」）及日期為2025年8月28日、2025年9月18日、2025年10月13日及2025年 11月4日的公告，內容有關延遲寄發通函（「延遲公告」）。除另有界 ...

Core Insights - The ONE Carmel project has officially entered the compliance sales phase after receiving the FINAL SUBDIVISION PUBLIC REPORT from the California Department of Real Estate, marking a significant milestone in its eight-year development journey [1] - The land valuation of the ONE Carmel project has exceeded $200 million (approximately HKD 1.56 billion), with the total project value surpassing $2 billion (approximately HKD 15.6 billion) following the issuance of the sales permit [1] Group 1 - The project is located in Monterey County, California, covering an area of 891 acres (approximately 3.6 square kilometers) and plans to develop 73 custom lots with an average lot size of about 4.38 acres [1] - The issuance of the white paper indicates that the project has completed a comprehensive review by the government regarding land planning, infrastructure, owner rights protection, and financial supervision systems [1] Group 2 - The project will focus on advancing the infrastructure and community entrance public facilities for the first phase of 36 lots, expected to be completed by the end of 2026, while also initiating the design and construction of model homes and wellness club facilities [2] - The company has launched a Real World Asset Tokenization (RWA) plan for the ONE Carmel project, converting its $40 million (approximately HKD 312 million) equity into digital tokens using blockchain technology, which aims to provide special dividend distributions to shareholders and innovate the integration of premium real estate with digital finance [2]

Core Viewpoint - Derin Holdings (01709.HK) announced that it will hold a board meeting on November 27, 2025, to consider and approve the unaudited performance for the six months ending September 30, 2025, and to discuss the declaration of an interim dividend, if any [1] Group 1 - The board meeting is scheduled for November 27, 2025 [1] - The meeting will focus on the unaudited performance for the six months ending September 30, 2025 [1] - The company will also consider the declaration of an interim dividend during the meeting [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的任何損失承擔任何責 任。 DL HOLDINGS GROUP LIMITED 德林控股集團有限公司 承董事會命 德林控股集團有限公司 主席、行政總裁兼執行董事 陳寧迪 香港，2025年11月14日 於本公告日期，執行董事為陳寧迪先生、郎世杰先生、艾奎宇先生及賀之穎女 士；非執行董事為王軼丁先生；及獨立非執行董事為張世澤先生、陳政璉先生 及劉春先生。 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1709） 董事會召開日期 德林控股集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本 公司將於2025年11月27日（星期四）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2025年9月30日止六個月之未經審核業績及其刊發 以及考慮宣派中期股息（如有）。 ...

Group 1 - The core point of the article is that Derlin Holdings (01709) has completed a subscription agreement, issuing 63.83 million shares at a price of HKD 3.05 per share to Evergreen Wealth Investment Limited [1] - As of November 12, shareholders have deposited shares into Derlin Securities Hong Kong, with a market value of HKD 597 million, representing 11.45% of the total [1] - The subscription conditions have been fully met, and the completion date of the subscription is November 10, 2025 [1]

Core Viewpoint - The latest data from the Hong Kong Stock Exchange indicates that on November 12, shareholders of Derlin Holdings (01709) deposited shares into Derlin Securities Hong Kong, with a total market value of HKD 597 million, representing 11.45% of the total [1] Group 1 - Derlin Holdings announced that all conditions for the subscription matter have been fulfilled, and the subscription was completed on November 10, 2025 [1] - The company issued 63.803 million subscription shares to Evergreen Wealth Investment Limited at a subscription price of HKD 3.05 per share [1]

Core Viewpoint - The company, Derin Holdings (01709), has entered into a legally binding term sheet with Youngtimers AG (YTME) for a proposed subscription, which includes the conditional agreement to subscribe for shares at a price of 0.42 Swiss Francs (approximately 4.10 HKD) per share, totaling 10 million USD (approximately 78 million HKD) for 19.0476 million shares [1][2][3] Group 1 - The subscription will involve a combination of cash payment and issuance of shares at the subscription price [1] - YTME will grant the company subscription options to acquire up to 3.8095 million shares at the same price, totaling approximately 2 million USD (approximately 15.6 million HKD) [1] - Upon completion, YTME will hold approximately 0.885% of the company's expanded issued share capital [2] Group 2 - YTME is a Swiss-registered company listed on the Swiss Stock Exchange since May 16, 2000, focusing on private equity, private credit, and other private market strategies [2] - The acquisition of C Capital Group, which specializes in private equity and credit, positions YTME as a global asset management company targeting the Asia-Pacific region [2] - The board believes that the proposed subscription aligns with the group's long-term vision to expand its global asset management footprint and enhance its position in Europe and the Asia-Pacific region [3] Group 3 - The investment will leverage YTME's established platform and expertise to capture high-growth opportunities and diversify the investment portfolio [3] - The company aims to utilize YTME's status as a Swiss financial hub to accelerate service development for high-net-worth clients in Europe [3] - The proposed subscription is expected to strengthen the strategic partnership between the company and YTME, facilitating collaboration in joint investments, product development, and cross-border asset management initiatives [3]

Core Viewpoint - The company, Derlin Holdings (01709), has entered into a binding term sheet with Youngtimers AG (YTME) for a proposed subscription, which is expected to enhance its global asset management footprint and strengthen its position in Europe and the Asia-Pacific region [1][3]. Group 1: Subscription Details - The company conditionally agrees to subscribe for a total of 19.0476 million shares of YTME at a subscription price of 0.42 Swiss Francs (approximately 4.10 HKD) per share, totaling 10 million USD (approximately 78 million HKD) [1]. - Part of the payment will be made in cash, while the remainder will be settled through the issuance of consideration shares at the subscription price upon completion [1]. - YTME will grant the company a subscription option to acquire up to 3.8095 million shares at the same price, totaling approximately 2 million USD (approximately 15.6 million HKD) [1]. Group 2: YTME Overview - YTME is a Swiss-registered company listed on the Swiss Stock Exchange since May 16, 2000, focusing on private equity, private credit, and other private market strategies [2]. - Following acquisitions of C Capital Group in November 2024 and August 2025, YTME operates as a global asset management company targeting the Asia-Pacific region [2]. Group 3: Strategic Implications - The board believes that the proposed subscription will align with the company's long-term vision of expanding its global asset management presence and enhancing its status in Europe and the Asia-Pacific [3]. - The investment will leverage YTME's established platform and expertise to capture high-growth opportunities and diversify the investment portfolio [3]. - The collaboration is expected to create synergies, enhance competitive advantages, and generate sustained value for shareholders through joint investments, product development, and cross-border asset management initiatives [3].