Core Viewpoint - 恒月控股 is expanding its business in Asia, particularly in South Korea, by investing in the Asia Strategy Partners LLC fund, which will enhance its strategic position in the Korean market through partnerships with innovative fintech platforms [1][2] Group 1: Investment Details - The company announced that Moon Investment Korea Limited subscribed for approximately 2.97% of the Asia Strategy Partners LLC fund for an amount of $1.2 million (approximately HKD 9.384 million) [1] - Following this, on November 17, 2025, the subscriber agreed to further invest $1.7547 million (approximately HKD 13.686 million) for an additional 4.22% stake in the fund [1] Group 2: Strategic Rationale - The investment is aimed at leveraging South Korea's advanced digital economy, cashless payment systems, and robust fintech infrastructure to introduce and develop innovative payment products, such as prepaid Bitcoin cards [1] - The company expects that this investment will enhance collaboration, operational synergies, and accelerate the integration of Bitplanet's technological capabilities and customer network, thereby solidifying its strategic position in the Korean market [2] - The partnership with Bitplanet, which provides comprehensive security software and IT solutions, is anticipated to create potential collaboration opportunities for the company's prepaid product business [2]

Group 1 - The company, Hengyue Holdings, announced a further investment of approximately USD 1.75 million (around HKD 13.686 million) in the Asia Strategy Partners LLC fund, acquiring an additional 4.22% stake [1] - The investment is part of the company's strategy to expand its business in Asia, particularly in South Korea, which has a developed digital economy and advanced fintech infrastructure [1] - The fund's investment in Bitplanet, which provides comprehensive security software and IT solutions, positions the company strategically to enter the South Korean market [1] Group 2 - The company expects that the investment will enhance collaboration, operational synergies, and accelerate the integration of Bitplanet's technological capabilities and customer network [2] - This move is anticipated to solidify the company's strategic position in the South Korean market and facilitate business expansion [2] - The partnership with Bitplanet is seen as a potential collaboration for the company's prepaid product business, leveraging Bitplanet's relationships with its business partners [2]

Core Viewpoint - Hengyue Holdings (01723.HK) is expanding its business in Asia, particularly in South Korea, leveraging the country's advanced digital economy and fintech infrastructure to introduce innovative payment products [1] Group 1: Investment Details - Moon Investment Korea Limited, a wholly-owned subsidiary of Hengyue Holdings, has subscribed for approximately 2.97% equity in a fund for an amount of USD 1.2 million (approximately HKD 9.384 million) [1] - On November 17, 2025, Moon Investment Korea Limited agreed to further subscribe for additional equity in the fund for USD 1.755 million (approximately HKD 13.686 million) [1] Group 2: Market Opportunity - South Korea's developed digital economy, widespread cashless payment systems, and robust fintech infrastructure create favorable conditions for the introduction and development of innovative payment products, such as prepaid Bitcoin cards [1] - The fund's investment in Bitplanet, which provides comprehensive security software and IT solutions, positions the company strategically for entering the South Korean market [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。 Moon Inc. 1723 背景 於二零二五年十一月十七日（交易時段後），認購人與基金管理人訂立認購協議，據此， 認購人同意根據認購協議的條款及條件按認購金額1,754,667.22美元（相當於約13,686,000 港元）認購額外權益。 認購協議 有關額外認購基金權益的關連交易 背景 董事會欣然宣佈，繼認購人於過往交易中按認購金額1.2百萬美元（於該公告日期，相 當於9,384,000港元）認購基金約2.97%權益（披露於該公告）後，於二零二五年十一月十 七日（交易時段後），認購人與基金管理人訂立認購協議，據此，認購人同意根據認購 協議的條款及條件按認購金額1,754,667.22美元（相當於約13,686,000港元）進一步認購 額外權益。除文義另有所指外，本公告所用詞彙與該公告所界定者具有相同涵義。 上市規則之涵義 基金管理人直接全資擁有Sora Valkyrie，而Sora Valkyrie為 ...

NOTIFICATION LETTER 通知信函 Dear Non-registered Shareholder(s) (Note 1) Moon Inc. (the "Company") Moon Inc. 恆月控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1723) – Notice of publication of Interim Report 2025 (the "Current Corporate Communications") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.mooninc.hk and the website of The Stock Exchange of Hong Kong Limited (the "Stoc ...

Moon Inc. 恆月控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1723) NOTIFICATION LETTER 通知信函 18 November 2025 Dear Registered Shareholders, Moon Inc. (the "Company") – Notice of publication of Interim Report 2025 (the "Current Corporate Communications") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.mooninc.hk and the website of The Stock Exchange of Hong Kong Limited (th ...

Financial Performance - For the six months ending September 30, 2025, the group's revenue was approximately HKD 106.1 million, an increase of about 7.65% compared to HKD 98.5 million for the same period in 2024[10]. - Gross profit increased from approximately HKD 18.5 million to HKD 22.8 million, representing a rise of about 23.2%[11]. - Overall gross margin improved from approximately 18.8% to 21.5% due to increased sales[11]. - Other income for the period was approximately HKD 1.7 million, up about 27.0% from HKD 1.3 million in the same period last year[12]. - Revenue for the six months ended September 30, 2025, was HKD 106,076,000, an increase of 7.6% compared to HKD 98,542,000 for the same period in 2024[66]. - Gross profit for the same period was HKD 22,764,000, representing a gross margin of 21.5%[66]. - The company reported a loss before tax of HKD 194,873,000, compared to a profit of HKD 827,000 in the previous year[66]. - Total comprehensive income for the period was HKD 97,232,000, a significant increase from HKD 691,000 in the prior year[66]. - Basic and diluted loss per share was HKD 43.25, compared to earnings of HKD 0.17 per share in the previous year[66]. Expenses and Costs - Sales and distribution expenses were approximately HKD 12.5 million, slightly up from HKD 12.4 million for the same period in 2024[13]. - Administrative expenses for the period amounted to approximately HKD 16.0 million, a significant increase from HKD 6.4 million for the six months ended September 30, 2024, primarily due to increased employee costs related to acquisitions and business expansion[14]. - Financing costs for the six months ended September 30, 2025, were approximately HKD 0.1 million, down from HKD 0.2 million for the same period in 2024[15]. - The company incurred a total cost of goods sold amounting to HKD 83,212 thousand, up from HKD 80,064 thousand in the same period last year[81]. - Employee benefits expenses, including director remuneration, increased to HKD 11,115 thousand from HKD 7,984 thousand year-on-year[81]. Investments and Acquisitions - The group completed its investment in DV8 Public Company Limited on August 22, 2025, and finalized its investment in a fund that subsequently invested in Bitplanet Co., Ltd. on August 26, 2025[7]. - The group successfully completed a voluntary tender offer to acquire all outstanding securities of DV8 at a price of THB 0.56 per share (approximately HKD 0.1357) and THB 0.01 per warrant (approximately HKD 0.0024), acquiring 188,961,300 shares, representing about 11.65% of DV8's total issued share capital, for a total consideration of THB 105,818,000 (approximately HKD 25,348,000)[33]. - The group agreed to subscribe for a 2.97% equity interest in Asia Strategy Partners LLC for USD 1.2 million (approximately HKD 9,384,000) to acquire equity in Bitplanet Inc.[35]. - The group issued convertible notes amounting to HKD 33.8 million, with net proceeds of approximately HKD 33.5 million intended for general working capital and potential investment opportunities in cryptocurrency and Web 3.0[26]. - The group completed an investment in DV8 Public Company Limited, acquiring approximately 11.65% of its issued share capital for about HKD 25,371 thousand[90]. Assets and Liabilities - Inventory as of September 30, 2025, was approximately HKD 33.8 million, a slight decrease from HKD 37.3 million as of March 31, 2025[18]. - The company's current assets net value was approximately HKD 64.9 million, down from HKD 80.1 million as of March 31, 2025, with a current ratio decreasing from about 9.3 times to 5.2 times[21]. - As of September 30, 2025, the company had no bank or other borrowings, maintaining a debt-to-equity ratio of zero[22][23]. - Non-current assets increased to HKD 366,690,000 as of September 30, 2025, from HKD 26,300,000 as of March 31, 2025[67]. - Current assets decreased to HKD 80,416,000 from HKD 89,687,000 during the same period[67]. - The company reported accounts payable of HKD 5,712 thousand as of September 30, 2025, significantly up from HKD 1,045 thousand as of March 31, 2025[94]. Shareholder Information - The total number of issued shares as of September 30, 2025, is 475,000,000[44]. - 210k Capital, LP holds 121,086,240 shares, representing approximately 25.49% of the total issued shares[44]. - Sora Valkyrie Limited owns 117,524,880 shares, which is also about 24.74% of the total issued shares[44]. - Top Legend SPC holds 46,387,440 shares, accounting for approximately 9.77% of the total issued shares[45]. - The total number of shares authorized as of September 30, 2025, was 10,000,000,000, with a par value of HKD 0.01 per share[98]. Corporate Changes - The company changed its name from "HK Asia Holdings Limited" to "Moon Inc." following a special resolution passed on May 12, 2025[41]. - The company has a stock option plan that was adopted on August 27, 2018, and was terminated on July 24, 2025, with no options granted during this period[51]. - The company maintained a public float of at least 25% of its issued shares throughout the reporting period[57]. Miscellaneous - The company has no pledged assets, capital commitments, or significant contingent liabilities as of September 30, 2025[38][39][40]. - The company did not purchase, sell, or redeem any listed securities during the reporting period[55]. - The company has not reported any significant changes in accounting policies compared to the previous financial year[74].

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 | | | 致：香港交易及結算所有限公司 公司名稱: 恆月控股有限公司 呈交日期: 2025年11月11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) | 01723 | 說明 | 普通股 | | | | | | | | | | 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 ...

Core Viewpoint - Hengyue Holdings (01723) has announced that its common stock has been upgraded from the OTC Pink Market to the OTCQX Best Market, effective from November 5, 2025, under the existing trading symbol "MXXNF" and unchanged CUSIP number [1] Group 1 - The board considers the upgrade to the OTCQX Market as a significant milestone for the company [1] - The upgrade is expected to enhance the company's qualifications and increase attention from U.S. investors [1] - This transition will allow the company to reach a broader investor base and improve liquidity, aligning with the interests of the company and its shareholders [1]

Core Viewpoint - Hengyue Holdings (01723.HK) has announced that its common stock has been approved for trading on the OTCQX Market, effective from November 5, 2025, under the existing trading symbol "MXXNF" [1] Group 1 - The OTCQX Market is operated by OTC Markets Group Inc. and is designed for companies that meet high financial standards, adhere to best corporate governance practices, and demonstrate compliance with applicable securities laws [1] - The board of directors views the upgrade from the Pink Market to the OTCQX Market as a significant milestone for the company, which will enhance its visibility and attract more attention from U.S. investors [1] - This upgrade is expected to provide the company with access to a broader investor base and improve its liquidity, aligning with the interests of the company and its shareholders [1]