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: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 保寶龍科技控股有限公司 (於開曼群島註冊成立之有限公司） 呈交日期: 2025年10月2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) | 01861 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 1,500,000,000 | | HKD | | 0.01 HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | ...

PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED 保寶龍科技控股有限公司 (Incorporated in the Cayman Islands with limited liability) ) ( 於開曼群島註冊成立之有限公司 （Stock Code 股份代號：1861） NOTIFICATION LETTER 通知信函 Dear Non-registered Holder(s) (Note 1) , 12 September 2025 Precious Dragon Technology Holdings Limited (the "Company") Notification of publication of 2025 Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's websi ...

PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED 保寶龍科技控股有限公司 (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立之有限公司 ) （Stock Code 股份代號：1861） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, 12 September 2025 Precious Dragon Technology Holdings Limited (the "Company") Notification of publication of 2025 Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at w ...

Company Information [Board of Directors and Committees](index=3&type=section&id=Board%20of%20Directors%20and%20Committees) The company's board comprises executive directors Ms. Gao Xiumei (Chairperson and CEO), Ms. Lian Xinli, Mr. Lian Xinglong, Mr. Yang Xiaoye, and independent non-executive directors Mr. Li Yaopei, Mr. Pan Dezheng, Mr. Peng Changwei. The Board has audit, remuneration, and nomination committees to ensure robust corporate governance - The Board of Directors includes **four executive directors and three independent non-executive directors**, with Ms. Gao Xiumei serving as both Chairperson and Chief Executive Officer[4](index=4&type=chunk) - The company has established **Audit, Remuneration, and Nomination Committees**, chaired or primarily composed of independent non-executive directors, to enhance corporate governance[4](index=4&type=chunk) [Company Contact and Registration Information](index=3&type=section&id=Company%20Contact%20and%20Registration%20Information) The company is registered in the Cayman Islands, with its principal place of business in Guangzhou, Guangdong Province, China, and its main Hong Kong business location in Sheung Wan. Ernst & Young is the auditor, and the stock code is 1861 - The company's registered office is in the **Cayman Islands**, and its principal place of business in the People's Republic of China is in Conghua District, Guangzhou, Guangdong Province[4](index=4&type=chunk) - The auditor is **Ernst & Young**, and the Hong Kong share registrar is Tricor Investor Services Limited[4](index=4&type=chunk)[5](index=5&type=chunk) - The company's stock code is **1861**, and its official website is www.botny.com[5](index=5&type=chunk) Business Review [Principal Business and Product Strategy](index=5&type=section&id=Principal%20Business%20and%20Product%20Strategy) The Group is a leading manufacturer of automotive beauty and maintenance aerosol products in China, engaged in designing, developing, manufacturing, and selling various automotive beauty and maintenance products, while also providing Contract Manufacturing Services (CMS) and Original Brand Manufacturing (OBM) products. The company continues to invest in OBM business development, enhancing market share through online platforms and brand activities, and launching the 'Botny Series' to reposition its corporate image - The Group specializes in the manufacturing of **aerosol products for automotive beauty and maintenance**, positioning itself as a leading manufacturer in China[6](index=6&type=chunk) - The company sells **Contract Manufacturing Services (CMS) and Original Brand Manufacturing (OBM) products**, with OBM products primarily sold through a distributor network and online platforms like Tmall and JD.com[6](index=6&type=chunk) - The Group continued to allocate resources to develop its **OBM business in the first half of 2025**, increasing brand awareness activities and achieving significant growth in online market sales[7](index=7&type=chunk) [Operating Environment and Outlook](index=5&type=section&id=Operating%20Environment%20and%20Outlook) Facing global economic uncertainty, trade protectionism, and raw material price volatility, the Group closely monitors industry developments and adjusts its strategies. Despite steady but fragile economic recovery in China, the company remains cautiously optimistic about the domestic market, OBM business, and personal care product industry, aiming to strengthen OBM through exhibitions, eco-friendly formulations, cost control, and brand enhancement - Global economic development faces **high uncertainty**, influenced by trade protectionism, international conflicts, and raw material price fluctuations[8](index=8&type=chunk) - The Chinese economy showed **steady growth in the first half of 2025**, though recovery remains fragile, with the government implementing safety and environmental regulations for aerosol products[9](index=9&type=chunk) - The Group will continuously enhance its **OBM business** through exhibitions, adopting eco-friendly formulations, strict cost control, improving brand image, and increasing product competitiveness[9](index=9&type=chunk) Management Discussion and Analysis [Financial Review](index=6&type=section&id=Financial%20Review) For the six months ended June 30, 2025, the Group's turnover increased by **18.4% to HK$324.7 million** year-on-year, driven by successful e-commerce strategies in China. Gross profit surged by **59.4%**, and net profit increased by **119.8%**, primarily due to online sales of high-margin OBM products, lower raw material costs, and a one-off gain from yacht disposal Key Financial Indicators for H1 2025 | Indicator | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | Turnover | 324,749 | 274,248 | +18.4% | | Cost of Sales | 180,589 | 183,802 | -1.7% | | Gross Profit | 144,160 | 90,446 | +59.4% | | Other Income and Gains | 26,422 | 8,816 | +199.7% | | Selling and Distribution Expenses | 69,728 | 23,464 | +197.2% | | Administrative Expenses | 22,597 | 23,051 | -2.0% | | Finance Costs | 710 | 986 | -28.0% | | Profit Attributable to Owners of the Parent | 52,711 | 23,978 | +119.8% | - Revenue from the **China market significantly increased by 27.4% to HK$283.7 million**, primarily due to China's economic recovery and effective e-commerce sales strategies[10](index=10&type=chunk) - Overseas sales decreased by **20.5% to HK$41.0 million**, mainly affected by weak demand in key export markets, global supply chain disruptions, exchange rate fluctuations, and geopolitical uncertainties[10](index=10&type=chunk) - The substantial increase in gross profit was primarily due to the success of **high-margin OBM product online sales strategies**, lower raw material prices, improved procurement strategies, and optimized automated production processes[12](index=12&type=chunk) - Other income and gains significantly increased by **199.7%**, mainly due to a disposal gain of approximately **HK$14.3 million** from the sale of a yacht and net exchange gains[13](index=13&type=chunk) - Selling and distribution expenses significantly increased by **197.2%**, primarily due to increased advertising and promotional costs of approximately **HK$53.9 million** to enhance e-commerce platforms[15](index=15&type=chunk) [Treasury Policy and Liquidity](index=7&type=section&id=Treasury%20Policy%20and%20Liquidity) The Group adopts a treasury policy to effectively control treasury operations and reduce borrowing costs, aiming to maintain sufficient cash levels. As of June 30, 2025, net current assets increased to **HK$168.1 million**, the current ratio improved to **2.4**, and the gearing ratio improved to **-10.7%**, indicating a robust financial position - The Group's treasury policy aims to effectively control treasury operations, reduce borrowing costs, and maintain **sufficient levels of cash and cash equivalents**[19](index=19&type=chunk) Liquidity Indicators | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | Change | | :--- | :--- | :--- | :--- | | Net Current Assets | 168,100 | 96,500 | Increased 74.2% | | Cash and Cash Equivalents | 158,600 | 110,500 | Increased 43.5% | | Current Ratio | 2.4 | 1.9 | Improved | | Bank Borrowings | 21,200 | 25,300 | Decreased 16.2% | | Available Standby Bank Facilities | 350,500 | 337,500 | Increased 3.8% | | Gearing Ratio | -10.7% | 4.0% | Improved | - The gearing ratio improved to **-10.7%**, primarily due to an increase in cash and cash equivalents and a decrease in total borrowings[23](index=23&type=chunk) [Capital Structure and Risk Management](index=8&type=section&id=Capital%20Structure%20and%20Risk%20Management) The total number of issued shares remained unchanged. The Group faces foreign exchange risk due to currency mismatch between USD revenue and RMB production costs, but no foreign currency forward contracts were entered into during the period. Employee numbers slightly decreased, with remuneration policies combining market terms and individual performance. No significant investments or contingent liabilities were incurred, and the yacht disposal was completed - The total number of issued shares of the Company is **233,917,250 shares**, remaining unchanged from December 31, 2024[24](index=24&type=chunk) - Approximately **12.6% of the Group's revenue is denominated in USD**, while over **90% of production costs are settled in RMB**, posing foreign exchange risk due to currency mismatch[25](index=25&type=chunk) - As of June 30, 2025, the Group had **460 employees** (December 31, 2024: 468 employees), with staff costs amounting to approximately **HK$20.7 million**[28](index=28&type=chunk) - The Group sold a yacht on June 27, 2025, for a consideration of **HK$35,021,737**, generating a disposal gain of approximately **HK$14.3 million**[13](index=13&type=chunk)[30](index=30&type=chunk) Interim Condensed Consolidated Financial Information Review Report [Independent Review Report](index=10&type=section&id=Independent%20Review%20Report) Ernst & Young conducted an independent review of Botny Technology Holdings Limited's interim condensed consolidated financial information for the six months ended June 30, 2025. The review scope is less than an audit, but no material matters were identified suggesting the financial information was not prepared in accordance with International Accounting Standard 34 - Ernst & Young conducted a review of the interim financial information in accordance with **Hong Kong Standard on Review Engagements 2410**[37](index=37&type=chunk) - The review concluded that no material matters were identified indicating that the interim financial information was not prepared, in all material respects, in accordance with **International Accounting Standard 34**[38](index=38&type=chunk) Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income [Profit or Loss Statement Overview](index=11&type=section&id=Profit%20or%20Loss%20Statement%20Overview) For the six months ended June 30, 2025, the Group recorded revenue of **HK$324.7 million**, gross profit of **HK$144.2 million**, and profit for the period of **HK$52.7 million**. Compared to the same period last year, revenue, gross profit, and profit all showed significant growth, with basic and diluted earnings per share at **22.5 HK cents** Summary of Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income | Indicator | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | | Revenue | 324,749 | 274,248 | | Cost of Sales | (180,589) | (183,802) | | Gross Profit | 144,160 | 90,446 | | Other Income and Gains | 26,422 | 8,816 | | Selling and Distribution Expenses | (69,728) | (23,464) | | Administrative Expenses | (22,597) | (23,051) | | Research and Development Expenses | (11,169) | (10,772) | | Profit Before Tax | 64,463 | 33,918 | | Profit for the Period | 52,711 | 23,978 | | Total Comprehensive Income for the Period | 55,631 | 23,811 | | Basic and Diluted Earnings Per Share | 22.5 HK cents | 10.3 HK cents | - Profit for the period increased by **119.8% year-on-year**, primarily due to the combined effects of revenue growth, improved gross margin, and increased other income[41](index=41&type=chunk) - Exchange differences on translating overseas operations turned from a loss in the first half of 2024 to a gain in the first half of 2025, positively impacting **total comprehensive income**[41](index=41&type=chunk) Interim Condensed Consolidated Statement of Financial Position [Financial Position Overview](index=12&type=section&id=Financial%20Position%20Overview) As of June 30, 2025, the Group's total assets were **HK$531.9 million**, and net assets were **HK$381.1 million**. Net current assets significantly increased to **HK$168.1 million**, and cash and cash equivalents rose to **HK$155.9 million**, indicating strong liquidity Summary of Interim Condensed Consolidated Statement of Financial Position | Indicator | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Total Non-current Assets | 246,192 | 266,839 | | Total Current Assets | 285,701 | 209,691 | | Total Current Liabilities | 117,561 | 113,207 | | Net Current Assets | 168,140 | 96,484 | | Total Assets Less Current Liabilities | 414,332 | 363,323 | | Total Non-current Liabilities | 33,221 | 37,843 | | Net Assets | 381,111 | 325,480 | | Equity Attributable to Owners of the Parent | 381,544 | 325,908 | - Total current assets increased from **HK$209.7 million to HK$285.7 million**, mainly due to increases in trade and bills receivables, prepayments, deposits and other receivables, and cash and cash equivalents[42](index=42&type=chunk) - Total non-current assets decreased, primarily due to a reduction in the **carrying amount of property, plant and equipment**[42](index=42&type=chunk) Interim Condensed Consolidated Statement of Changes in Equity [Equity Changes Overview](index=14&type=section&id=Equity%20Changes%20Overview) For the six months ended June 30, 2025, total equity attributable to owners of the parent increased from **HK$325.9 million** as of December 31, 2024, to **HK$381.5 million**, primarily driven by profit for the period of **HK$52.7 million** and exchange differences on translating overseas operations of **HK$2.9 million** Summary of Interim Condensed Consolidated Statement of Changes in Equity | Equity Item | December 31, 2024 (thousand HKD) | Profit for the Period (thousand HKD) | Exchange Differences (thousand HKD) | June 30, 2025 (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Total Equity Attributable to Owners of the Parent | 325,908 | 52,711 | 2,925 | 381,544 | | Non-controlling Interests | (428) | — | (5) | (433) | | Total Equity | 325,480 | 52,711 | 2,920 | 381,111 | - Profit for the period was the primary driver of equity growth, while the **exchange fluctuation reserve also turned positive**, contributing to some growth[46](index=46&type=chunk) - Share option reserve slightly decreased due to transfers upon forfeiture or expiry, but its impact on **total equity was minor**[46](index=46&type=chunk) Interim Condensed Consolidated Statement of Cash Flows [Cash Flow Overview](index=16&type=section&id=Cash%20Flow%20Overview) For the six months ended June 30, 2025, the Group's net cash flow from operating activities was **HK$20.7 million**, net cash flow from investing activities was **HK$34.2 million**, and net cash flow used in financing activities was **HK$6.1 million**. Cash and cash equivalents at period-end significantly increased to **HK$155.9 million**, reflecting a healthy overall cash flow position Summary of Interim Condensed Consolidated Statement of Cash Flows | Cash Flow Category | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 20,744 | 19,258 | | Net Cash Flow from Investing Activities | 34,165 | (9,164) | | Net Cash Flow Used in Financing Activities | (6,076) | (5,864) | | Net Increase in Cash and Cash Equivalents | 48,833 | 4,230 | | Cash and Cash Equivalents at End of Period | 155,866 | 112,768 | - Cash flow from investing activities turned from a net outflow last year to a **net inflow**, primarily due to a significant increase in proceeds from the disposal of property, plant and equipment to **HK$35.4 million**[51](index=51&type=chunk) - Net cash flow from operating activities slightly increased, supported by **growth in profit before tax**, despite an increase in trade and other receivables and prepayments[49](index=49&type=chunk) Notes to the Interim Condensed Consolidated Financial Information [Basis of Preparation and Changes in Accounting Policies](index=18&type=section&id=Basis%20of%20Preparation%20and%20Changes%20in%20Accounting%20Policies) The interim condensed consolidated financial information is prepared in accordance with International Accounting Standard 34 and should be read in conjunction with the 2024 annual consolidated financial statements. The revised International Accounting Standard 21 'Lack of Exchangeability' was adopted for the first time this period, but it had no material impact on the financial information as all the Group's transaction currencies are exchangeable - The interim condensed consolidated financial information is prepared in accordance with **International Accounting Standard 34 'Interim Financial Reporting'**[52](index=52&type=chunk) - The revised **International Accounting Standard 21 'Lack of Exchangeability'** was adopted for the first time this period, but it had no impact on the interim condensed consolidated financial information[53](index=53&type=chunk)[54](index=54&type=chunk) [Operating Segments and Revenue Analysis](index=19&type=section&id=Operating%20Segments%20and%20Revenue%20Analysis) The Group's operating segments include automotive beauty and maintenance products and personal care products. For the six months ended June 30, 2025, revenue from automotive beauty and maintenance products was **HK$257.8 million**, and personal care products was **HK$66.9 million**. Mainland China is the largest regional market, contributing **HK$283.7 million** in revenue Revenue and Results by Operating Segment | Segment | 2025 H1 Revenue (thousand HKD) | 2024 H1 Revenue (thousand HKD) | 2025 H1 Results (thousand HKD) | 2024 H1 Results (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Automotive Beauty and Maintenance Products | 257,822 | 209,847 | 98,111 | 29,660 | | Personal Care Products | 66,927 | 64,401 | 15,625 | 8,594 | | Total | 324,749 | 274,248 | 113,736 | 38,254 | Revenue by Geographical Market | Geographical Market | 2025 H1 Revenue (thousand HKD) | 2024 H1 Revenue (thousand HKD) | | :--- | :--- | :--- | | Mainland China | 283,720 | 222,671 | | Japan | 25,340 | 31,087 | | Other Asia Pacific Countries/Regions | 5,765 | 7,700 | | Middle East | 3,080 | 4,040 | | Americas | 3,326 | 6,328 | | Other Regions | 3,518 | 2,422 | | Total Contract Revenue from Customers | 324,749 | 274,248 | - Segment results show a **significant improvement in the profitability of automotive beauty and maintenance products**, with steady growth also observed in personal care products[55](index=55&type=chunk)[56](index=56&type=chunk) [Profit Before Tax and Income Tax](index=24&type=section&id=Profit%20Before%20Tax%20and%20Income%20Tax) For the six months ended June 30, 2025, profit before tax was **HK$64.5 million**. Income tax expense was **HK$11.8 million**, primarily from Mainland China, with Hong Kong profits tax rate at **16.5%** (or **8.25%** for eligible entities) Composition of Profit Before Tax | Item | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | | Cost of Inventories Sold | 180,589 | 183,802 | | Depreciation of Property, Plant and Equipment | 9,287 | 12,381 | | Research and Development Costs | 11,169 | 10,772 | | Employee Benefit Expenses | 22,780 | 25,241 | | Net Exchange (Gain)/Loss | (6,525) | 5,993 | | Net (Gain)/Loss on Disposal of Property, Plant and Equipment | (14,230) | 35 | | Impairment Loss on Financial Assets | 680 | 698 | | Write-down/(Reversal of Write-down) of Inventories to Net Realizable Value | 1,069 | (518) | Income Tax Expense | Item | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | | Current - Mainland China | 12,228 | 9,898 | | Underprovision in Prior Years | 12 | 153 | | Deferred | (488) | (111) | | Total Income Tax Expense | 11,752 | 9,940 | - Income tax expense primarily originates from **Mainland China**, with Hong Kong profits tax rate at **16.5%**, and a preferential tax rate of **8.25%** applicable to certain eligible entities[62](index=62&type=chunk) [Dividends and Earnings Per Share](index=25&type=section&id=Dividends%20and%20Earnings%20Per%20Share) For the six months ended June 30, 2025, basic and diluted earnings per share were **22.5 HK cents**, a significant increase from **10.3 HK cents** in the prior year. The Board recommended an interim dividend of **3.24 HK cents per share**, higher than **1.42 HK cents** in the prior year Earnings Per Share and Dividends | Indicator | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Basic and Diluted Earnings Per Share | 22.5 HK cents | 10.3 HK cents | | Proposed Interim Dividend (per share) | 3.24 HK cents | 1.42 HK cents | - Earnings per share are calculated based on the **profit for the period attributable to ordinary equity holders of the parent** and the weighted average number of **233,917,250 ordinary shares** outstanding[64](index=64&type=chunk)[65](index=65&type=chunk) - No diluted adjustment was made to the basic earnings per share amount due to the **anti-dilutive effect of unexercised share options**[64](index=64&type=chunk) [Changes in Property, Plant and Equipment](index=26&type=section&id=Changes%20in%20Property%2C%20Plant%20and%20Equipment) For the six months ended June 30, 2025, the Group purchased assets at a cost of **HK$2.133 million** and disposed of assets with a net book value of **HK$21.191 million**, generating a net gain of **HK$14.230 million** Changes in Property, Plant and Equipment | Item | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | | Cost of Assets Purchased | 2,133 | 10,451 | | Net Book Value of Assets Disposed | 21,191 | 108 | | Net Gain on Disposal | 14,230 | (35) | - The disposal of assets during the period generated a **significant net gain**, compared to a net loss in the same period last year[67](index=67&type=chunk) - The Group did not recognize any **impairment losses** during the period[68](index=68&type=chunk) [Trade and Bills Receivables and Payables](index=26&type=section&id=Trade%20and%20Bills%20Receivables%20and%20Payables) As of June 30, 2025, total trade and bills receivables increased to **HK$69.4 million**, with the largest portion due within 30 days. Total trade and bills payables increased to **HK$42.3 million**, also with the largest portion due within 30 days Ageing Analysis of Trade and Bills Receivables | Ageing | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Within 30 days | 31,364 | 20,724 | | 31 to 60 days | 16,250 | 13,804 | | 61 to 90 days | 13,825 | 6,422 | | Over 90 days | 7,952 | 5,841 | | Total | 69,391 | 46,791 | Ageing Analysis of Trade and Bills Payables | Ageing | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Within 30 days | 22,900 | 22,206 | | 31 to 60 days | 5,835 | 8,620 | | 61 to 90 days | 3,783 | 6,977 | | Over 90 days | 9,804 | 3,817 | | Total | 42,322 | 41,620 | - Total trade receivables significantly increased, reflecting **sales growth**, while trade payables also slightly increased[69](index=69&type=chunk)[70](index=70&type=chunk) [Interest-Bearing Bank and Other Borrowings](index=27&type=section&id=Interest-Bearing%20Bank%20and%20Other%20Borrowings) As of June 30, 2025, the Group's total interest-bearing bank and other borrowings amounted to **HK$21.3 million**, a decrease from **HK$25.3 million** as of December 31, 2024. Borrowings primarily include lease liabilities and long-term bank loans, secured by property, plant and equipment Interest-Bearing Bank and Other Borrowings | Borrowing Category | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Current Portion | 10,689 | 10,160 | | Non-current Portion | 10,631 | 15,155 | | Total | 21,320 | 25,315 | - Long-term bank loans are secured and bear interest by reference to the **minimum lending rate**, with maturity dates between 2026 and 2027[71](index=71&type=chunk) - The **reduction in total borrowings** contributes to improving the company's debt-to-equity structure[71](index=71&type=chunk) [Capital Commitments and Related Party Transactions](index=28&type=section&id=Capital%20Commitments%20and%20Related%20Party%20Transactions) As of June 30, 2025, the Group's capital commitments primarily related to plant and machinery, amounting to approximately **HK$0.3 million**. Related party transactions included purchases from Guangdong Ouyabaozhuang Co., Ltd. and lease payments to Mr. Lian Yunzeng, the ultimate shareholder. Key management personnel remuneration increased Capital Commitments | Item | June 30, 2025 (thousand HKD) | December 31, 2024 (thousand HKD) | | :--- | :--- | :--- | | Plant and Machinery | 326 | 481 | Summary of Related Party Transactions | Transaction Type | Related Party | 2025 H1 (thousand HKD) | 2024 H1 (thousand HKD) | | :--- | :--- | :--- | :--- | | Purchase of Products | Guangdong Ouyabaozhuang Co., Ltd. | 5,741 | 7,588 | | Lease Rental Expenses | Mr. Lian Yunzeng | 33 | 33 | | Total Key Management Personnel Remuneration | - | 4,136 | 3,520 | - Outstanding balances due to related parties amounted to **HK$33.965 million**, which are unsecured, interest-free, and have no fixed repayment terms[73](index=73&type=chunk) [Share Option Schemes](index=29&type=section&id=Share%20Option%20Schemes) The company has a Pre-IPO Share Option Scheme, a 2019 Share Option Scheme (terminated), and a 2023 Share Option Scheme. As of June 30, 2025, **6,557,500 share options** remained unexercised under the Pre-IPO scheme, while no options were granted, exercised, lapsed, or cancelled under the 2019 and 2023 schemes during the period - The Pre-IPO Share Option Scheme aims to recognize and incentivize executive directors, senior management, and other employees, with an exercise price of **HK$2.17 per share**[77](index=77&type=chunk) Changes in Pre-IPO Share Option Scheme | Item | Number of Share Options as of June 30, 2025 | Number of Share Options as of December 31, 2024 | | :--- | :--- | :--- | | Beginning of Period | 6,607,500 | 6,707,500 | | Forfeited During Period | (50,000) | (100,000) | | End of Period | 6,557,500 | 6,607,500 | - The 2019 Share Option Scheme was terminated on May 19, 2023, with **no share options granted** as of the termination date[86](index=86&type=chunk) - The 2023 Share Option Scheme was adopted on May 19, 2023, to encourage or reward selected participants, but **no share options were granted** for the six months ended June 30, 2025[87](index=87&type=chunk)[91](index=91&type=chunk) Other Information [Directors' and Major Shareholders' Interests](index=34&type=section&id=Directors'%20and%20Major%20Shareholders'%20Interests) As of June 30, 2025, Ms. Gao Xiumei (Chairperson and CEO) and her spouse Mr. Lian Yunzeng (through family and controlled corporations) collectively held approximately **74.94%** of the company's shares and share option interests. Mr. Lian Yunzeng, as a major shareholder, directly and indirectly held approximately **46.08%** of the company's shares Directors' Long Positions in Shares and Share Options | Director Name | Ordinary Shares (Beneficial Owner) | Family Interests (shares) | Corporate Interests (shares) | Share Options (shares) | Total (shares) | Approximate Percentage of Issued Shares | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Ms. Gao Xiumei | – | 107,788,500 | 67,000,000 | 500,000 | 175,288,500 | 74.94% | | Ms. Lian Xinli | 200,500 | – | – | 277,500 | 478,000 | 0.20% | | Mr. Lian Xinglong | – | – | – | 500,000 | 500,000 | 0.21% | | Mr. Yang Xiaoye | – | – | – | 300,000 | 300,000 | 0.13% | | Mr. Pan Dezheng | 368,000 | – | – | – | 368,000 | 0.16% | Major Shareholders' Long Positions in Shares | Shareholder Name/Entity | Capacity/Nature of Interest | Number of Shares Held (shares) | Approximate Percentage of Issued Shares | | :--- | :--- | :--- | :--- | | Mr. Lian Yunzeng | Beneficial Owner | 107,788,500 | 46.08% | | | Spouse's Interest | 500,000 | 0.21% | | | Interest in Controlled Corporation | 67,000,000 | 28.64% | | Wellmass International Limited | Beneficial Owner | 67,000,000 | 28.64% | - Ms. Gao Xiumei's interests include shares held by her spouse, Mr. Lian Yunzeng, and shares held through **Wellmass International Limited**, which she wholly beneficially owns[94](index=94&type=chunk) [Corporate Governance and Compliance](index=36&type=section&id=Corporate%20Governance%20and%20Compliance) The company has established Audit, Remuneration, and Nomination Committees and complies with the Corporate Governance Code, except for the combined roles of Chairman and CEO. The company explains this arrangement facilitates unified leadership and strategic execution, emphasizing sufficient checks and balances. During the period, the company maintained adequate public float, and all directors complied with the Model Code for Securities Transactions - The Company's **Audit Committee, Remuneration Committee, and Nomination Committee** have all been established and their terms of reference formulated in accordance with the Corporate Governance Code[115](index=115&type=chunk)[116](index=116&type=chunk)[117](index=117&type=chunk) - The Company complies with the Corporate Governance Code, except for the combined roles of Chairman and Chief Executive Officer held by Ms. Gao Xiumei, which the company believes facilitates **unified leadership and efficient decision-making**[118](index=118&type=chunk)[119](index=119&type=chunk) - For the six months ended June 30, 2025, the Company has consistently maintained a **sufficient public float of not less than 25%** as required by the Listing Rules[121](index=121&type=chunk) - All Directors confirmed their compliance with the **Model Code for Securities Transactions by Directors of Listed Issuers** throughout the period[122](index=122&type=chunk) [Dividend Distribution and Share Transfer Registration](index=41&type=section&id=Dividend%20Distribution%20and%20Share%20Transfer%20Registration) The Board has resolved to declare an interim dividend of **3.24 HK cents per share** for the six months ended June 30, 2025, payable on or about October 28, 2025. To determine dividend entitlements, share transfer registration will be suspended from September 5 to September 10, 2025 - The Board has declared an interim dividend of **3.24 HK cents per share** for the six months ended June 30, 2025, an increase from **1.42 HK cents** in the same period last year[123](index=123&type=chunk) - The interim dividend will be paid on or about **October 28, 2025**, to shareholders whose names appear on the register of members on **September 10, 2025**[123](index=123&type=chunk) - To be eligible for the interim dividend, share transfer registration will be suspended from **September 5, 2025, to September 10, 2025**[124](index=124&type=chunk)

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: 2025年8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: 保寶龍科技控股有限公司 (於開曼群島註冊成立之有限公司） 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) | 01861 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | 本月底法定/註冊股本總額： HKD 15,000,000 第 1 頁 ...

智通财经APP讯，保宝龙科技(01861)发布截至2025年6月30日止六个月的中期业绩，收益3.25亿港元， 同比增加18.41%;股东应占溢利5271.1万港元，同比增加119.83%;每股基本盈利22.5港仙;拟派发中期股息 每股3.24港仙。 公告称，截至2025年6月30日止六个月，集团自中国客户产生收益约2.84亿港元，较2024年同期大幅增 加约27.4%。于中国的销售大幅增加乃主要由于中国经济稳步复苏及对集团OBM产品成功执行有效的电 子商务销售策略(尤其是通过电子商务平台)。 ...

Core Insights - Baobao Long Technology (01861) reported a revenue of HKD 325 million for the six months ending June 30, 2025, representing an increase of 18.41% year-on-year [1] - The profit attributable to shareholders was HKD 52.71 million, a significant increase of 119.83% compared to the previous year [1] - The basic earnings per share were HKD 0.225, and the company proposed an interim dividend of HKD 0.0324 per share [1] Revenue Breakdown - The group generated approximately HKD 284 million in revenue from Chinese customers, marking a substantial increase of about 27.4% compared to the same period in 2024 [1] - The significant sales growth in China was primarily attributed to the steady recovery of the Chinese economy and the successful implementation of effective e-commerce sales strategies for the group's OBM products, particularly through e-commerce platforms [1]

Group 1 - The company, BaoBaoLong Technology (01861), announced that it will distribute an interim dividend of HKD 0.0324 per share for the six months ending June 30, 2025, on October 28, 2025 [1]

Group 1 - The company recorded a revenue of approximately 325 million HKD for the six months ending June 30, 2025, representing a significant increase of about 18.4% compared to the same period in 2024 [1] - The net profit attributable to the company's shareholders was approximately 52.7 million HKD, which is an increase of about 119.8% compared to the same period in 2024 [1] - The earnings per share for ordinary equity holders of the parent company was 22.5 HKD cents [1] Group 2 - The substantial increase in net profit is attributed to several factors, including the successful implementation of effective e-commerce sales strategies for high-margin OBM products across multiple online platforms, leading to stronger revenue and profitability [1] - There was a significant increase in sales and distribution expenses aimed at enhancing the company's e-commerce platform [1] - The company generated disposal gains from the sale of a yacht and recognized net foreign exchange income during the period [1]

EF001 EF001 其他信息 其他信息 不適用 發行人董事 於本公告日期，執行董事為高秀媚女士、連馨莉女士、連興隆先生及楊小業先生；以及獨立非執行董事為李耀培先生、潘德政先生 及彭長緯先生。 第 2 頁 共 2 頁 v 1.1.1 | 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，概不對因 | | | --- | --- | | 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的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 保寶龍科技控股有限公司 | | 股份代號 | 01861 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至2025年6月30日止六個月之中期股息及暫停辦理股份過戶登記 | | | 公告日期 | 2025年8月21日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2 ...