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 ...

[Interim Results Announcement](index=1&type=section&id=Interim%20Results%20Announcement) [Company Information and Announcement](index=1&type=section&id=Company%20Information%20and%20Announcement) PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED (Stock Code: 1861) announced its unaudited condensed consolidated financial results for the six months ended June 30, 2025, which have been reviewed by Ernst & Young and the Audit Committee, providing comparative figures for the same period in 2024 - Company Name: PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED, Stock Code: **1861**[2](index=2&type=chunk) - The announcement presents unaudited condensed consolidated financial results for the six months ended June 30, 2025, with comparative figures for the six months ended June 30, 2024[3](index=3&type=chunk) - The results have been reviewed by the Group's external auditor, Ernst & Young, and the Company's Audit Committee[3](index=3&type=chunk) [Condensed Consolidated Financial Statements](index=2&type=section&id=Condensed%20Consolidated%20Financial%20Statements) [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) For the six months ended June 30, 2025, the company's revenue significantly increased by **18.4%** to **HK$324,749 thousand**, with profit for the period surging by **119.8%** to **HK$52,711 thousand**, and basic and diluted earnings per share rising to **22.5 HK cents**, indicating a substantial improvement in profitability Key Data from Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (HK$ Thousand) | Indicator | For the six months ended June 30, 2025 (HK$ Thousand) | For the six months ended June 30, 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 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% | | Research and Development Expenses | (11,169) | (10,772) | +3.7% | | Profit Before Tax | 64,463 | 33,918 | +90.0% | | Income Tax Expense | (11,752) | (9,940) | +18.2% | | Profit for the Period | 52,711 | 23,978 | +119.8% | | Total Comprehensive Income for the Period | 55,631 | 23,811 | +133.6% | | Basic Earnings Per Share Attributable to Owners of the Parent | 22.5 HK cents | 10.3 HK cents | +118.4% | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the company's net current assets significantly increased by **74.3%** to **HK$168,140 thousand**, total assets less current liabilities rose to **HK$414,332 thousand**, and total equity grew to **HK$381,111 thousand**, indicating a robust improvement in financial position Key Data from Condensed Consolidated Statement of Financial Position (HK$ Thousand) | Indicator | As of June 30, 2025 (HK$ Thousand) | As of December 31, 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Total Non-current Assets | 246,192 | 266,839 | -7.7% | | Total Current Assets | 285,701 | 209,691 | +36.2% | | Total Current Liabilities | 117,561 | 113,207 | +3.8% | | Net Current Assets | 168,140 | 96,484 | +74.3% | | Total Assets Less Current Liabilities | 414,332 | 363,323 | +14.0% | | Total Non-current Liabilities | 33,221 | 37,843 | -12.3% | | Net Assets | 381,111 | 325,480 | +17.1% | | Total Equity | 381,111 | 325,480 | +17.1% | [Notes to the Condensed Consolidated Financial Information](index=6&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Information) [Basis of Preparation and Changes in Accounting Policies](index=6&type=section&id=Basis%20of%20Preparation%20and%20Changes%20in%20Accounting%20Policies) The interim condensed consolidated financial information is prepared in accordance with IAS 34 and is consistent with the accounting policies adopted in the 2024 annual consolidated financial statements, with the initial adoption of the revised IAS 21 'Lack of Exchangeability' having no impact on the Group's financial information - The financial information is prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' and should be read in conjunction with the annual consolidated financial statements for the year ended December 31, 2024[8](index=8&type=chunk) - The revised International Accounting Standard 21 'Lack of Exchangeability' was adopted for the first time, but it had no impact on the financial information as the Group's transaction and functional currencies are all exchangeable[9](index=9&type=chunk)[10](index=10&type=chunk) [Revenue Analysis](index=7&type=section&id=Revenue%20Analysis) For the six months ended June 30, 2025, total revenue from contracts with customers was **HK$324,749 thousand**, primarily from automotive beauty and maintenance products and personal care products, with the Chinese mainland market being the largest contributor Total Revenue (HK$ Thousand) | Indicator | For the six months ended June 30, 2025 (HK$ Thousand) | For the six months ended June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Revenue from contracts with customers | 324,749 | 274,248 | [Segment Revenue Information](index=7&type=section&id=Segment%20Revenue%20Information) Revenue by Product Type and Geographical Market for the Six Months Ended June 30, 2025 (HK$ Thousand) | Category | Automotive Beauty and Maintenance Products | Personal Care Products | Total | | :--- | :--- | :--- | :--- | | **Product Type** | | | | | Product Sales | 257,822 | 66,927 | 324,749 | | **Geographical Market** | | | | | Chinese Mainland | 220,517 | 63,203 | 283,720 | | Japan | 25,340 | — | 25,340 | | Other Asia Pacific Countries/Regions | 2,881 | 2,884 | 5,765 | | Middle East | 3,080 | — | 3,080 | | Americas | 3,326 | — | 3,326 | | Other Regions | 2,678 | 840 | 3,518 | Revenue by Product Type and Geographical Market for the Six Months Ended June 30, 2024 (HK$ Thousand) | Category | Automotive Beauty and Maintenance Products | Personal Care Products | Total | | :--- | :--- | :--- | :--- | | **Product Type** | | | | | Product Sales | 209,847 | 64,401 | 274,248 | | **Geographical Market** | | | | | Chinese Mainland | 167,783 | 54,888 | 222,671 | | Japan | 31,087 | — | 31,087 | | Other Asia Pacific Countries/Regions | 3,186 | 4,514 | 7,700 | | Middle East | 4,040 | — | 4,040 | | Americas | 2,612 | 3,716 | 6,328 | | Other Regions | 1,139 | 1,283 | 2,422 | [Components of Profit Before Tax](index=9&type=section&id=Components%20of%20Profit%20Before%20Tax) For the six months ended June 30, 2025, profit before tax was primarily influenced by cost of inventories sold, depreciation, R&D costs, employee benefits expense, net exchange gains, and net gain on disposal of property, plant and equipment, with the gain on property disposal being significant Key Deductions/(Additions) to Profit Before Tax (HK$ Thousand) | Item | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Cost of inventories sold | 180,589 | 183,802 | | Depreciation of property, plant and equipment | 9,287 | 12,381 | | Depreciation of right-of-use assets | 766 | 763 | | Research and development costs | 11,169 | 10,772 | | Employee benefits expense | 22,780 | 25,241 | | Net exchange (gains)/losses | (6,525) | 5,993 | | Net (gain)/loss on disposal of items of property, plant and equipment | (14,230) | 35 | | Write-down/(reversal of write-down) of inventories to net realisable value | 1,069 | (518) | [Income Tax Expense](index=10&type=section&id=Income%20Tax%20Expense) For the six months ended June 30, 2025, income tax expense was **HK$11,752 thousand**, primarily from Chinese mainland, with Hong Kong profits tax rate at **16.5%** and a two-tiered profits tax rate applicable to some subsidiaries - Hong Kong profits tax rate is **16.5%**, with the first **HK$2,000,000** of assessable profits for eligible subsidiaries taxed at **8.25%**[16](index=16&type=chunk) Income Tax Expense (HK$ Thousand) | Item | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Current - Chinese mainland for the period | 12,228 | 9,898 | | Underprovision in prior years | 12 | 153 | | Deferred | (488) | (111) | | **Total** | **11,752** | **9,940** | [Dividends](index=10&type=section&id=Dividends) For the six months ended June 30, 2025, the proposed interim dividend is **3.24 HK cents** per ordinary share, a significant increase of **128.2%** from **1.42 HK cents** in the prior year Proposed Interim Dividends (HK$ Thousand) | Item | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Proposed interim - per ordinary share | 3.24 HK cents | 1.42 HK cents | | Total amount | 7,579 | 3,322 | [Earnings Per Share Attributable to Owners of the Parent](index=11&type=section&id=Earnings%20Per%20Share%20Attributable%20to%20Owners%20of%20the%20Parent) For the six months ended June 30, 2025, both basic and diluted earnings per share were **22.5 HK cents**, a significant increase from **10.3 HK cents** in the prior year, primarily based on profit attributable to owners of the parent of **HK$52,711 thousand**, with no adjustment for anti-dilutive share options Earnings Per Share Calculation (HK$ Thousand) | Indicator | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Profit attributable to owners of the parent for the purpose of calculating basic and diluted earnings per share | 52,711 | 23,978 | | Weighted average number of ordinary shares in issue for the purpose of calculating basic earnings per share | 233,917,250 shares | 233,917,250 shares | | Basic and diluted earnings per share | 22.5 HK cents | 10.3 HK cents | - No adjustment for dilution was made as the unexercised share options had an anti-dilutive effect on the basic earnings per share presented[19](index=19&type=chunk) [Trade and Bills Receivables](index=12&type=section&id=Trade%20and%20Bills%20Receivables) As of June 30, 2025, total trade and bills receivables amounted to **HK$69,391 thousand**, an increase from **HK$46,791 thousand** as of December 31, 2024, with the highest proportion aged within **30 days** Ageing Analysis of Trade and Bills Receivables (HK$ Thousand) | Ageing | As of June 30, 2025 (HK$ Thousand) | As of December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | 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** | [Trade and Bills Payables](index=12&type=section&id=Trade%20and%20Bills%20Payables) As of June 30, 2025, total trade and bills payables were **HK$42,322 thousand**, a slight increase from **HK$41,620 thousand** as of December 31, 2024, with the largest proportion aged within **30 days** Ageing Analysis of Trade and Bills Payables (HK$ Thousand) | Ageing | As of June 30, 2025 (HK$ Thousand) | As of December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | 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** | [Management Discussion and Analysis](index=13&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=13&type=section&id=Business%20Review) The Group is a leading Chinese manufacturer of automotive beauty and maintenance aerosol products, engaged in designing, developing, manufacturing, and selling various automotive beauty and maintenance products, as well as personal care products. Operating under CMS and OBM models, the OBM business primarily sells proprietary brands through distributors and online platforms, with significant growth in online market sales during the reporting period due to increased resource allocation - The Group is a leading Chinese manufacturer of automotive beauty and maintenance aerosol products, including car cleaning, paint coatings, winter/summer specialty products, and air fresheners[24](index=24&type=chunk) - Business models include Contract Manufacturing Services (CMS) and Original Brand Manufacturing (OBM), with OBM products sold through a distributor network and online platforms like Tmall and JD.com under proprietary brands (e.g., Botny, ATM)[24](index=24&type=chunk) - For the period ended June 30, 2025, the Group increased resources to develop its OBM business, achieving significant growth in online market sales through brand awareness campaigns and e-commerce strategies[25](index=25&type=chunk) [Operating Environment and Outlook](index=14&type=section&id=Operating%20Environment%20and%20Outlook) The global economy faces uncertainties from trade protectionism, international conflicts, and raw material price volatility. China's economy grew steadily in H1 2025 but recovery remains fragile, presenting opportunities and challenges from aerosol product safety and environmental regulations. The Group will monitor industry developments, adjust strategies, strengthen proprietary brand promotion, expand into new markets, and enhance OBM business competitiveness through eco-friendly formulations, cost control, and brand enhancement - The global economy faces high uncertainty, influenced by trade protectionism, international conflicts, and raw material price volatility[26](index=26&type=chunk) - China's economy grew steadily in H1 2025, but recovery is fragile, with government implementing aerosol product safety and environmental regulations, and consumers focusing on eco-friendly products[27](index=27&type=chunk) - The Group will continue to enhance its OBM business through exhibitions, eco-friendly formulations, strict cost control, brand image improvement, and increased product competitiveness[27](index=27&type=chunk) [Financial Review](index=14&type=section&id=Financial%20Review) The Group's H1 2025 financial performance was strong, with significant growth in both turnover and net profit, primarily driven by successful e-commerce strategies for OBM products in China, lower raw material costs, and a one-off gain from yacht disposal. Selling and distribution expenses increased significantly due to e-commerce platform promotions [Turnover](index=14&type=section&id=Turnover) Turnover Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Total Turnover | 324.7 | 274.2 | +18.4% | | Revenue from Chinese customers | 283.7 | 222.7 | +27.4% | | Revenue from overseas customers | 41.0 | 51.6 | -20.5% | - Significant increase in Chinese sales was primarily due to the steady recovery of the Chinese economy and successful execution of effective e-commerce sales strategies for OBM products[28](index=28&type=chunk) - Decrease in overseas sales was mainly due to weak demand in key export markets, global supply chain disruptions, exchange rate fluctuations, and increased geopolitical uncertainties[29](index=29&type=chunk) [Cost of Sales](index=15&type=section&id=Cost%20of%20Sales) Cost of Sales Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Cost of Sales | 180.6 | 183.8 | -1.7% | | As a percentage of turnover | 55.6% | 67.0% | -11.4 percentage points | - Decrease in cost of sales was primarily due to economies of scale from increased product sales, improved procurement strategies, lower average raw material prices (e.g., tinplate containers, solvents, and gasoline), and optimization of automation and manufacturing processes[30](index=30&type=chunk) [Gross Profit and Gross Margin](index=15&type=section&id=Gross%20Profit%20and%20Gross%20Margin) Gross Profit Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Gross Profit | 144.2 | 90.4 | +59.4% | - Significant increase in gross profit was primarily attributable to the successful e-commerce sales strategy for high-margin OBM products, lower raw material prices, improved procurement strategies, and optimization of automation and manufacturing processes[31](index=31&type=chunk) [Other Income and Gains](index=15&type=section&id=Other%20Income%20and%20Gains) Other Income and Gains Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Other Income and Gains | 26.4 | 8.8 | +199.7% | - The increase was primarily due to a disposal gain of approximately **HK$14.3 million** from the sale of a yacht, and net exchange gains from favorable foreign currency exchange rate movements[32](index=32&type=chunk) [Selling and Distribution Expenses](index=16&type=section&id=Selling%20and%20Distribution%20Expenses) Selling and Distribution Expenses Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Selling and Distribution Expenses | 69.7 | 23.5 | +197.2% | | Advertising and promotion costs | 53.9 | 9.5 | +467.4% | - The significant increase was primarily due to higher advertising and promotion costs to enhance e-commerce platforms[33](index=33&type=chunk) [Administrative Expenses](index=16&type=section&id=Administrative%20Expenses) Administrative Expenses Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Administrative Expenses | 22.6 | 23.1 | -2.0% | - The decrease in administrative expenses was primarily due to the implementation of strict cost control measures to reduce general expenses[34](index=34&type=chunk) [Finance Costs](index=16&type=section&id=Finance%20Costs) Finance Costs Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Finance Costs | 0.7 | 1.0 | -28.0% | - The decrease in finance costs was primarily due to a lower average outstanding balance of bank borrowings compared to the same period in 2024[35](index=35&type=chunk) [Net Profit](index=16&type=section&id=Net%20Profit) Net Profit Attributable to Owners of the Parent Changes (HK$ Million) | Item | For the six months ended June 30, 2025 (HK$ Million) | For the six months ended June 30, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Owners of the Parent | 52.7 | 24.0 | +119.8% | - The significant increase in net profit was a combined effect of the successful e-commerce strategy for high-margin OBM products, increased selling and distribution expenses, gain from yacht disposal, and net exchange gains[36](index=36&type=chunk) [Liquidity and Capital Resources](index=17&type=section&id=Liquidity%20and%20Capital%20Resources) The Group is committed to maintaining adequate cash and cash equivalents and prudently managing borrowing costs. As of June 30, 2025, both net current assets and current ratio significantly improved, and the gearing ratio turned negative, indicating a robust financial position [Treasury Policy](index=17&type=section&id=Treasury%20Policy) - The Group has adopted a treasury policy aimed at more effective control over treasury operations and reducing borrowing costs[37](index=37&type=chunk) - Committed to maintaining adequate levels of cash and cash equivalents, and considering multiple funding sources to ensure financial resources are utilized in the most cost-effective and efficient manner[37](index=37&type=chunk) [Net Current Assets](index=17&type=section&id=Net%20Current%20Assets) Liquidity Position (HK$ Million) | Item | As of June 30, 2025 (HK$ Million) | As of December 31, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Net Current Assets | 168.1 | 96.5 | +74.2% | | Cash and cash equivalents (including pledged bank deposits) | 158.6 | 110.5 | +43.5% | | Current ratio | 2.4 | 1.9 | +26.3% | - Cash and cash equivalents are primarily denominated in Renminbi, US dollars, Japanese Yen, Thai Baht, and Hong Kong dollars[38](index=38&type=chunk) [Borrowings and Pledged Assets](index=17&type=section&id=Borrowings%20and%20Pledged%20Assets) Borrowings and Available Facilities (HK$ Million) | Item | As of June 30, 2025 (HK$ Million) | As of December 31, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Bank borrowings | 21.2 | 25.3 | -16.2% | | Available unutilised bank facilities | 350.5 | 337.5 | +3.8% | - Bank borrowings are secured by property, plant and equipment, and leasehold land, maturing between 2026 and 2027, and bear interest with reference to the minimum lending rate and Loan Market Quoted Rate[39](index=39&type=chunk) [Gearing Ratio](index=17&type=section&id=Gearing%20Ratio) Gearing Ratio Changes | Item | As of June 30, 2025 | As of December 31, 2024 | Change (percentage points) | | :--- | :--- | :--- | :--- | | Gearing ratio | -10.7% | 4.0% | -14.7 | - The improvement in gearing ratio was primarily due to an increase in cash and cash equivalents and a decrease in total borrowings[40](index=40&type=chunk) [Other Significant Matters](index=18&type=section&id=Other%20Significant%20Matters) This section covers the company's share issuance, foreign exchange risk management, employee and remuneration policies, material investments, acquisitions and disposals, future capital plans, capital commitments, contingent liabilities, and listed securities transactions during the reporting period, confirming no significant events occurred after the reporting period [Issued Shares](index=18&type=section&id=Issued%20Shares) Total Number of Issued Shares | Date | Total number of issued shares | | :--- | :--- | | June 30, 2025 | 233,917,250 shares | | December 31, 2024 | 233,917,250 shares | [Foreign Exchange and Currency Risk](index=18&type=section&id=Foreign%20Exchange%20and%20Currency%20Risk) - Approximately **12.6%** of revenue is denominated in US dollars, while over **90%** of production costs are settled in Renminbi, leading to foreign exchange risk due to currency mismatch[42](index=42&type=chunk) - No foreign currency forward contracts were entered into during the reporting period[42](index=42&type=chunk) [Employees and Remuneration Policy](index=18&type=section&id=Employees%20and%20Remuneration%20Policy) Number of Employees and Staff Costs (HK$ Million) | Item | As of June 30, 2025 | As of December 31, 2024 | | :--- | :--- | :--- | | Number of employees | 460 persons | 468 persons | | Staff costs (for the six months ended June 30) | 20.7 HK$ Million | 23.3 HK$ Million | - Remuneration policy is determined with reference to market terms, individual employee performance, qualifications, and experience, and includes year-end bonuses and share options[43](index=43&type=chunk) [Material Investments](index=18&type=section&id=Material%20Investments) - As of June 30, 2025, the Group had no material investments[44](index=44&type=chunk) [Material Acquisitions and Disposals](index=19&type=section&id=Material%20Acquisitions%20and%20Disposals) - On June 27, 2025, the wholly-owned subsidiary Botny Yacht Limited disposed of a yacht for a consideration of **HK$35,021,737**[45](index=45&type=chunk) - Save for the aforementioned yacht disposal, there were no other material acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period[45](index=45&type=chunk) [Future Plans for Material Investments or Capital Assets](index=19&type=section&id=Future%20Plans%20for%20Material%20Investments%20or%20Capital%20Assets) - Save as disclosed in the prospectus, the Group had no other approved plans for material investments or capital assets as of June 30, 2025[46](index=46&type=chunk) [Capital Commitments](index=19&type=section&id=Capital%20Commitments) Capital Commitments (HK$ Million) | Item | As of June 30, 2025 (HK$ Million) | As of December 31, 2024 (HK$ Million) | Change (%) | | :--- | :--- | :--- | :--- | | Commitments for plant and machinery | 0.3 | 0.5 | -40.0% | [Contingent Liabilities](index=19&type=section&id=Contingent%20Liabilities) - As of June 30, 2025, the Group had no material contingent liabilities[48](index=48&type=chunk) [Purchase, Sale or Redemption of Listed Securities](index=19&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20Listed%20Securities) - Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the reporting period[49](index=49&type=chunk) [Events After Reporting Period](index=19&type=section&id=Events%20After%20Reporting%20Period) - No significant events occurred after June 30, 2025, and up to the date of this announcement[50](index=50&type=chunk) [Corporate Governance](index=20&type=section&id=Corporate%20Governance) [Audit Committee](index=20&type=section&id=Audit%20Committee) The Audit Committee, established on May 27, 2019, comprises three independent non-executive directors responsible for recommending external auditors, reviewing financial statements, financial reporting procedures, risk management, and internal control systems, and has reviewed the Group's accounting principles, policies, and interim financial statements - The Audit Committee, composed of three independent non-executive directors, is responsible for recommending external auditors, reviewing financial statements, providing financial reporting advice, and monitoring risk management and internal controls[51](index=51&type=chunk) - The Audit Committee, in conjunction with management, has reviewed the Group's accounting principles and policies and discussed the unaudited condensed consolidated financial statements for the six months ended June 30, 2025[51](index=51&type=chunk) [Remuneration Committee](index=20&type=section&id=Remuneration%20Committee) The Remuneration Committee, established on May 27, 2019, consists of one executive director and three independent non-executive directors, responsible for recommending remuneration policies and structures for all directors and senior management, and approving individual executive directors' remuneration packages - The Remuneration Committee comprises four members, including one executive director and three independent non-executive directors, responsible for recommending remuneration policies and structures for directors and senior management[52](index=52&type=chunk) [Nomination Committee](index=20&type=section&id=Nomination%20Committee) The Nomination Committee, established on May 27, 2019, consists of one executive director and three independent non-executive directors, responsible for reviewing board composition, formulating director nomination and appointment procedures, assessing the independence of independent non-executive directors, and developing succession plans for executive directors and senior executives - The Nomination Committee comprises four members, including one executive director and three independent non-executive directors, responsible for reviewing board composition, formulating director nomination procedures, and assessing independence[53](index=53&type=chunk) - The Committee assesses the effectiveness, integrity, and independence of directors, ensuring a balanced mix of expertise, skills, and experience among board members[53](index=53&type=chunk) [Compliance with Corporate Governance Code](index=21&type=section&id=Compliance%20with%20Corporate%20Governance%20Code) The Company has complied with the Corporate Governance Code throughout the reporting period, except for the combined roles of Chairman and Chief Executive Officer held by Ms. Gao Xiumei. The Board believes this arrangement facilitates unified leadership and efficient decision-making, with sufficient checks and balances, and will consider separating the roles when appropriate - The Company has complied with the Corporate Governance Code throughout the reporting period, except for the combined roles of Chairman and Chief Executive Officer held by Ms. Gao Xiumei[54](index=54&type=chunk) - The Board believes this combined role ensures unified leadership and more efficient overall strategic planning, with sufficient checks and balances provided by the three independent non-executive directors on the Board[55](index=55&type=chunk) [Sufficiency of Public Float](index=21&type=section&id=Sufficiency%20of%20Public%20Float) For the six months ended June 30, 2025, and up to the date of this announcement, the Company has maintained a sufficient public float of not less than **25%** of its total issued shares as required by the Listing Rules - For the six months ended June 30, 2025, and up to the date of this announcement, the Company has maintained a sufficient public float (not less than **25%** of the total issued shares) as required by the Listing Rules[56](index=56&type=chunk) [Standard Code for Securities Transactions by Directors](index=21&type=section&id=Standard%20Code%20for%20Securities%20Transactions%20by%20Directors) The Company has adopted the Standard Code as set out in Appendix C3 of the Listing Rules, and all Directors confirm compliance with the Code throughout the reporting period - The Company has adopted the Standard Code as set out in Appendix C3 of the Listing Rules, and all Directors confirm compliance with the Code throughout the reporting period[57](index=57&type=chunk) [Other Information](index=22&type=section&id=Other%20Information) [Declaration of Dividends](index=22&type=section&id=Declaration%20of%20Dividends) The Board has resolved to declare an interim dividend of **3.24 HK cents** per share for the six months ended June 30, 2025, a significant increase of **128.2%** from **1.42 HK cents** in the prior year, payable on or about October 28, 2025 Interim Dividend Declaration (Per Share) | Item | For the six months ended June 30, 2025 | For the six months ended June 30, 2024 | Change (%) | | :--- | :--- | :--- | :--- | | Interim dividend (per share) | 3.24 HK cents | 1.42 HK cents | +128.2% | - The dividend will be paid on or about October 28, 2025, to shareholders whose names appear on the Company's register of members on September 10, 2025[58](index=58&type=chunk) [Closure of Register of Members](index=22&type=section&id=Closure%20of%20Register%20of%20Members) To qualify for the interim dividend, the Company will suspend its share transfer registration from September 5 to September 10, 2025 (both dates inclusive), with all share transfer documents to be lodged with the Hong Kong share registrar by 4:30 p.m. on September 4, 2025 - The register of members will be closed from September 5 to September 10, 2025[59](index=59&type=chunk) - All share transfer documents, accompanied by the relevant share certificates, must be lodged with the Company's Hong Kong share registrar, Tricor Investor Services Limited, by 4:30 p.m. on September 4, 2025[59](index=59&type=chunk) [Publication of Interim Results and Report](index=22&type=section&id=Publication%20of%20Interim%20Results%20and%20Report) This interim results announcement has been published on the HKEX website and the Company's website, and the interim report for the six months ended June 30, 2025, will be dispatched to shareholders and published on the relevant websites in due course - This interim results announcement has been published on the HKEX website (www.hkex.com.hk) and the Company's website (http://www.botny.com)[60](index=60&type=chunk) - The interim report for the six months ended June 30, 2025, will be dispatched to the Company's shareholders and published on the HKEX and Company websites in due course[60](index=60&type=chunk)

Core Viewpoint - Baobao Long Technology (01861.HK) expects a significant increase of at least 90% in net profit attributable to shareholders for the six months ending June 30, 2025, compared to approximately HKD 24 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The company anticipates net profit attributable to shareholders to exceed HKD 24 million for the six months ending June 30, 2025, marking a substantial growth of at least 90% [1] Factors Influencing Profit Growth - The expected increase in net profit is primarily attributed to: - Gains from the disposal of properties, plants, and equipment [1] - Net foreign exchange gains [1]

保宝龙科技(01861)公布，该集团预计于2025年上半年取得股东应占纯利较2024年同期股东应占纯利约 2400万港元大幅增长不少于90%。有关纯利预期增长主要归因于(其中包括)处置物业、厂房及设备的收 益净额;及汇兑收益净额。 ...

Group 1 - The company, Baobao Long Technology (01861), expects to achieve a significant increase in shareholders' net profit of at least 90% compared to the same period in 2024, with an estimated profit of approximately HKD 24 million in the first half of 2025 [1] - The anticipated growth in net profit is primarily attributed to the net gains from the disposal of properties, plants, and equipment, as well as net foreign exchange gains [1]

（於開曼群島註冊成立之有限公司） 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。 PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED 保寶龍科技控股有限公司 （股份代號：1861） 正面盈利預告 本公告乃由保寶龍科技控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根 據香港聯合交易所有限公司證券上市規則第 13.09條及香港法例第571章證券及期貨 條例第XIVA部項下內幕消息條文而刊發。 本公司董事（「董事」）會（「董事會」）謹此告知本公司股東（「股東」）及有意投資者，根 據本集團就截至二零二五年六月三十日止六個月（「該期間」）的未經審核綜合管理賬 目的初步評估，本集團預計錄得股東應佔純利較截至二零二四年六月三十日止六個 月的股東應佔純利約24.0百萬港元大幅增長不少於90%。 根據董事會可獲得的資料，董事會認為，有關純利預期增長主要歸因於（其中包括） (i)處置物業、廠房及設備的收益淨額；及(ii)匯兌收 ...

Group 1 - The company, Baobao Long Technology (01861.HK), announced that it will hold a board meeting on August 21, 2025, to consider and approve the interim results for the six months ending June 30, 2025, and to declare an interim dividend 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。 PRECIOUS DRAGON TECHNOLOGY HOLDINGS LIMITED 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） （股份代號：1861） 董事會會議通知 保寶龍科技控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司 將於二零二五年八月二十一日（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二零二五年六月三十日止六個月之中期業績及宣派中期 股息（如有）。 承董事會命 保寶龍科技控股有限公司 主席兼執行董事 高秀媚 香港，二零二五年八月十一日 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；獨立非執行董事 為李耀培先生、潘德政先生及彭長緯先生。 ...

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: 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) | 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 ...