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]

Core Viewpoint - Hengyue Holdings (01723) has successfully upgraded its common stock from OTC Pink Market to OTCQX® Best Market, effective from November 5, 2025, which is seen as a significant milestone for the company [1] Summary by Relevant Sections Company Development - The upgrade to OTCQX Market is expected to enhance the company's visibility and attract more attention from U.S. investors [1] - The board believes that 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]

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. 為及代表 恆月控股有限公司 主席兼執行董事 方建凱先生 香港，二零二五年十一月五日 - 1 - 於本公告日期，董事會包括執行董事David Forrest Bailey先生、John Edwin Riggins先 生、方建凱先生及王鳳儀女士；非執行董事薛瀚先生；以及獨立非執行董事顏蓉慧女 士、陳小兵先生及黃潤濱先生。 1723 自願公告 升板至OTCQX® BEST MARKET－ 場外交易市場之最高級別 本公告乃由恆月控股有限公司（「本公司」）自願作出。本公司董事（「董事」）會（「董事會」） 謹此知會股東（「股東」）及潛在投資者，其普通股已由OTC Pink Market（「Pink Market」） 升板至OTCQX® Best Market（「OTCQX Market」）。 本公司欣然宣佈，其普通股已獲批准於OTCQX Market買賣，自二零二五年十一月五日開 市時起生效，沿 ...

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 | | | FF301 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3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： HK ...

Core Viewpoint - The company, Hengyue Holdings, has acquired approximately 6.12 units of Bitcoin for about HKD 5.242 million (approximately USD 672,000), indicating a strategic move to diversify its investment portfolio and embrace the growing trend of cryptocurrency adoption in the business world [1][2] Group 1: Investment Details - The acquisition of Bitcoin was funded entirely by the company's available cash reserves, with settlement occurring immediately after each purchase order is completed [1] - The board believes that Bitcoin, as the largest and most established cryptocurrency, serves as a reliable store of value and has significant appreciation potential [1] Group 2: Strategic Rationale - The board has noted the increasing prevalence of cryptocurrencies and aims to enhance shareholder value through this investment in Bitcoin [2] - This move is seen as a symbolic step for the company in adapting to the evolving global financial landscape, particularly in light of unprecedented fiscal stimulus measures and increased money supply by central banks [1]

Core Viewpoint - The company, Hengyue Holdings, has acquired approximately 6.12 units of Bitcoin for about HKD 5.242 million (approximately USD 672,000), indicating a strategic move to diversify its investment portfolio and embrace cryptocurrency as a reliable store of value [1][2] Group 1 - The acquisition of Bitcoin was funded entirely by the company's available cash reserves, with the settlement occurring immediately after each purchase order is completed [1] - The board believes that the growing popularity of cryptocurrencies, particularly Bitcoin, presents significant appreciation potential, especially in light of global economic uncertainties and increased monetary supply from central banks [1] - This investment is seen as a symbolic step for the company in adapting to the evolving global financial landscape, aiming to enhance asset value and diversify its investment portfolio [1] Group 2 - The board acknowledges the potential for significant price volatility in cryptocurrencies but remains confident that investing in Bitcoin, the largest cryptocurrency by market capitalization, will enhance long-term shareholder value [2] - This move is intended to demonstrate the company's commitment to technological innovation and readiness to enter the blockchain industry [2]

Group 1 - The core point of the article is that Hengyue Holdings (01723.HK) has purchased approximately 6.12 units of Bitcoin for a total cost of about 5.242 million HKD, indicating the company's continued investment in cryptocurrency [1] - Hengyue Holdings reported a mid-term revenue of approximately 106 million HKD, which represents a year-on-year increase of about 7.65% [2]