Core Viewpoint - China Parenting Network (01736) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, primarily due to reduced wholesale e-commerce business and a downturn in advertising promotion activities influenced by the economic environment [1] Financial Performance - The company achieved revenue of 9.475 million, representing a year-on-year decrease of 42.71% [1] - The loss attributable to shareholders amounted to 21.925 million, which is an increase of 113.65% compared to the previous year [1] - Basic loss per share was reported at 50.74 cents [1] Business Segments - The decline in revenue was attributed to a decrease in wholesale e-commerce business during the first half of the year [1] - The advertising promotion business also experienced a decline due to the prevailing economic conditions [1]

Core Viewpoint - China Parenting Network (01736) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, primarily due to reduced wholesale e-commerce business and a downturn in advertising promotion activities influenced by the economic environment [1] Financial Performance - The company achieved revenue of 9.475 million, representing a year-on-year decrease of 42.71% [1] - The loss attributable to owners of the company was 21.925 million, which is an increase of 113.65% compared to the previous year [1] - Basic loss per share was 50.74 cents [1] Business Segments - The decline in revenue was attributed to a decrease in wholesale e-commerce business [1] - The advertising promotion business also experienced a downturn due to the prevailing economic conditions [1]

Core Viewpoint - China Parenting Network (01736.HK) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, primarily due to decreased e-commerce wholesale business and a downturn in advertising promotion affected by the economic environment [1] Financial Performance - The company's revenue for the period was approximately RMB 9.5 million, representing a year-on-year decrease of about 43% [1] - The group incurred a loss of approximately RMB 21.9 million, which is an increase of about 114% compared to the loss of approximately RMB 10.3 million in the same period last year [1]

[**Company Information**](index=3&type=section&id=%E5%85%AC%E5%8F%B8%E8%B3%87%E6%96%99) The company's board members include executive, non-executive, and independent non-executive directors, with stock code 1736 and website www.ci123.com - Board members include executive directors Zhang Lake Mozi (Chairman) and Cheng Li; non-executive directors Zhang Haihua and Song Yuanyuan; and independent non-executive directors Zhao Zhen, Huang Mengting, and Pan Wenni[6](index=6&type=chunk) - The company's stock code is **1736**, and its website is www.ci123.com[8](index=8&type=chunk) [**Summary**](index=5&type=section&id=%E6%91%98%E8%A6%81) The company experienced a significant revenue decline but improved gross profit, while net loss increased substantially for the six months ended June 30, 2025 Key Financial Indicators for the Six Months Ended June 30, 2025 (RMB'000) | Indicator | June 30, 2025 (Unaudited) | June 30, 2024 (Unaudited) | Change | | :--- | :--- | :--- | :--- | | Revenue | 9,475 | 16,539 | -42.7% | | Gross Profit | 2,686 | 1,599 | +68.0% | | Loss for the Period | (21,925) | (10,262) | +113.6% | | Total Loss Attributable to Owners of the Company | (21,925) | (10,262) | +113.6% | [**Management Discussion and Analysis**](index=6&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E8%88%87%E5%88%86%E6%9E%90) This section provides an overview of the company's business, financial performance, and future strategies, including risk factors and investment policies [**Business Review**](index=6&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7) Yu'erwang focuses on serving young Chinese families by providing personalized smart home solutions through content, private domain, e-commerce, and O2O services - Yu'erwang focuses on serving young Chinese families, providing personalized smart home solutions through four matrices: content, private domain, e-commerce, and O2O services, to cover the entire family consumption chain[11](index=11&type=chunk) - Deeply engaging with new-generation maternal and infant families, enhancing high-quality content productivity, and collaborating with professional institutions like the China National Committee for the Wellbeing of the Youth and the National Health Commission to develop 0-6 year-old parent school curriculum systems and content co-creation projects[12](index=12&type=chunk) - The community matrix's total coverage exceeded **5.26 million person-times**, with a total of **27,300+ communities**, building a professional, full-chain health operation map to activate private domain GMV[12](index=12&type=chunk) - Through content empowerment, platform operations, public relations marketing, local life services, channel management, and smart services across the entire family consumption chain, the company creates an open, multi-scenario ecosystem to achieve external circulation of communication effects and generate more brand value increments[13](index=13&type=chunk) - Yu'erwang has **25,000+ maternal and infant stores** using the Mamishop SaaS system, **40,000+ educational institutions** using the Yu'erwang Education System Jiaowubao, and the Parent-Child Weekend platform serves **tens of thousands of offline merchants**, with accumulated **30 million family trips**[14](index=14&type=chunk) [**Future Outlook**](index=7&type=section&id=%E6%9C%AA%E4%BE%86%E5%B1%95%E6%9C%9B) Yu'erwang will continue to innovate and improve its ecosystem to provide personalized smart home solutions for young Chinese families and drive brand growth - The company will continue to innovate and progress, constantly improving its ecosystem layout, committed to providing personalized smart home solutions for young Chinese families[15](index=15&type=chunk) - To help brands achieve sustained business growth[15](index=15&type=chunk) [**Financial Review**](index=7&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) Revenue significantly declined due to reduced e-commerce wholesale and advertising, but lower sales costs boosted gross profit, while loss for the period increased due to subsidiary disposals and other factors - Revenue was approximately **RMB9.5 million**, a decrease of approximately **43%** from the same period last year, primarily due to reduced e-commerce wholesale and a decline in advertising and promotion business in the first half of the year[16](index=16&type=chunk) - Cost of sales was approximately **RMB6.8 million**, a decrease of approximately **55%** from the same period last year, mainly due to fewer orders during the current period[17](index=17&type=chunk) - Gross profit was approximately **RMB2.7 million**, an increase of approximately **68%** from the same period last year; gross profit margin increased from approximately **9.7%** to approximately **28.3%**, as APP product maintenance expenses were concentrated in 2024 and returned to normal in 2025[18](index=18&type=chunk) - Other income, gains and losses resulted in a loss of approximately **RMB8.0 million**, a decrease of approximately **226%** from the same period last year, primarily due to the disposal of two subsidiaries[19](index=19&type=chunk) - Selling and distribution expenses were approximately **RMB2.7 million**, a decrease of approximately **59%** from the same period last year, mainly due to sluggish market conditions[20](index=20&type=chunk) - Administrative expenses were approximately **RMB7.7 million**, an increase of approximately **8%** from the same period last year, mainly due to increased intermediary fees[21](index=21&type=chunk) - Research and development costs were approximately **RMB2.8 million**, an increase of approximately **35%** from the same period last year, mainly due to increased investment in technology development[22](index=22&type=chunk) - Income tax expense was approximately **RMB0.4 million**, with no income tax expense in the same period last year[23](index=23&type=chunk) - Loss for the period was approximately **RMB21.9 million**, an increase of approximately **114%** from the same period last year[24](index=24&type=chunk) [**Gearing Ratio**](index=8&type=section&id=%E8%B3%87%E7%94%A2%E8%B2%A0%E5%82%B5%E6%AF%94%E7%8E%87) As of June 30, 2025, the Group's gearing ratio (total liabilities divided by total assets) was 137%, an increase from 112% on December 31, 2024 - Gearing ratio: **137%** (June 30, 2025) vs **112%** (December 31, 2024)[25](index=25&type=chunk) [**Liquidity and Financial Resources**](index=8&type=section&id=%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%92%8C%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) As of June 30, 2025, the Group had net current liabilities of approximately RMB27.0 million, cash and cash equivalents of RMB4.2 million, and borrowings of RMB23.5 million - Net current liabilities approximately **RMB27.0 million** (June 30, 2025) vs approximately **RMB20.4 million** (December 31, 2024)[26](index=26&type=chunk) - Cash and cash equivalents approximately **RMB4.2 million** (June 30, 2025) vs approximately **RMB2.8 million** (December 31, 2024)[26](index=26&type=chunk) - Borrowings approximately **RMB23.5 million** (June 30, 2025) vs approximately **RMB21.5 million** (December 31, 2024)[26](index=26&type=chunk) [**Foreign Exchange Risk**](index=8&type=section&id=%E5%A4%96%E5%BD%99%E9%A2%A8%E9%9A%AA) The Group's transactions are primarily settled in RMB, with some cash and bank deposits in HKD; no significant operational impact or liquidity issues from exchange rate fluctuations occurred - The Group's transactions are primarily settled in RMB, with some cash and bank deposits settled in HKD[27](index=27&type=chunk) - During the period, no significant operational impact or liquidity difficulties resulted from exchange rate fluctuations, nor were there any hedging transactions or forward contract arrangements[27](index=27&type=chunk) [**Employees, Training and Remuneration Policies**](index=9&type=section&id=%E5%83%B1%E5%93%A1%E3%80%81%E5%9F%B9%E8%A8%93%E5%8F%8A%E8%96%AA%E9%85%AC%E6%94%BF%E7%AD%96) As of June 30, 2025, the Group had 33 employees with total staff costs of approximately RMB1.9 million, and provides training based on performance and tenure - As of June 30, 2025, the Group had a total of **33 employees** (including executive directors), a decrease from **41** as of June 30,

Group 1 - The board meeting of China Parenting Network (01736.HK) is scheduled for August 29, 2025, at 2 PM in Nanjing, Jiangsu Province, to discuss various matters [1] - The agenda includes reviewing and approving the unaudited consolidated interim results for the six months ending June 30, 2025 [1] - The board will also consider the declaration of an interim dividend for the six months ending June 30, 2025, if applicable [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之任何損失承擔任何責任。 1. 省覽及批准本集團截至二零二五年六月三十日止六個月之未經審核綜合中期 業績（「中期業績」）； 2. 批准將於香港聯合交易所有限公司網站及本公司網站刊登中期業績公告； 3. 考慮宣派截至二零二五年六月三十日止六個月之中期股息（ 如有 ）；及 4. 處理其他事項（ 如有）。 中 國 育 兒 網 絡 控 股 有 限 公 司（「 本 公 司 」及 其 附 屬 公 司 ， 統 稱「 本 集 團 」）董 事（「 董 事」）會（「董事會」）謹此公佈，董事會會議將於二零二五年八月二十九日（ 星期五 ） 下午2 時 正假座中華 人民共和 國江蘇省 南京市南 理工科技創 新園3 層301 室舉 行， 商討下列事項： 承董事會命 中國育兒網絡控股有限公司 主席 Zhang Lake Mozi 中華人民共和國南京，二零二五年八月十八日 於本公告日期，執行董事包 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國育兒網絡控股有限公司 呈交日期： 2025年8月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) 01736 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | 事件 | 已發行股份（不包括庫存股份）數 | | 佔有關事件前 ...

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7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: 中國育兒網絡控股有限公司 呈交日期: 2025年8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) | 01736 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 250,000,000 | HKD | | 0.4 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 250,000,000 | HKD | | 0.4 | HKD | | 100,000,000 | 本月底法定/註冊股本總額 ...

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，並明確表示概不會就本公告全部或 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。 China Parenting Network Holdings Limited 中 國 育 兒 網 絡 控 股 有 限 公 司 （股份代號：1736） （於開曼群島註冊成立之有限公司） 有關建議已發行合併股份之股本削減及 拆細未發行合併股份的最新情況 茲提述中國育兒網絡控股有限公司（「本公司」）日期為二零二五年三月二十六日、 二零二五年四月二日及二零二五年七月七日的公告及本公司日期為二零二五年四 月二十三日的通函（「通函」），內容有關（ 其中包括 ）股本削減及股份拆細。除另有 界定者外，本公告所用詞彙與通函所界定者具有相同涵義。 有關股本削減及股份拆細的最新情況 董事會欣然宣佈，股本削減已獲法院確認，而法院授出確認股本削減之命令副本 及法院批准之會議記錄（ 載有公司法規定有關股本削減之詳情 ）已於開曼群島公司 註冊處登記。本公司進一步宣佈 ...

Group 1 - The core viewpoint of the news highlights the recent performance of China Parenting Network (01736.HK), which saw a significant increase in stock price by 100% on July 29, closing at 1.1 HKD per share, despite a year-to-date decline of 12.2% [1] - The company reported total revenue of 56.439 million CNY for the year ending December 31, 2024, a decrease of 1.75% year-on-year, while the net profit attributable to the parent company was -5.281 million CNY, an increase of 89.04% year-on-year [1] - The gross profit margin for China Parenting Network stands at 27.65%, with a debt-to-asset ratio of 112.31% [1] Group 2 - China Parenting Network is recognized as a leading platform in the maternal and child care sector in China, established in 2006 and listed on the Hong Kong Stock Exchange in 2015 [2] - The company has expanded its services over 15 years to cover the needs of families from pregnancy to children aged 12, utilizing a content and community-driven approach through various platforms including apps and e-commerce [2] - The company is focused on digitalizing the maternal and child industry in China through a comprehensive SaaS solution that supports the entire ecosystem [2]