Financial Performance - Revenue for the first half of 2025 decreased by approximately RMB 114.9 million or 85.8% to about RMB 19.0 million compared to RMB 133.9 million in the same period of 2024[7] - Gross profit for the first half of 2025 decreased by approximately RMB 18.1 million or 85.9% to about RMB 3.0 million compared to RMB 21.1 million in the same period of 2024[7] - The company reported a loss of RMB 33.8 million for the first half of 2025, an increase of 73.5% compared to a loss of RMB 19.5 million in the same period of 2024[4] - Revenue decreased by approximately RMB 114.9 million or 85.8% from RMB 133.9 million in the first half of 2024 to approximately RMB 19.0 million in the first half of 2025[15] - The group reported a loss of approximately RMB 33.8 million in H1 2025, compared to a loss of about RMB 19.5 million in H1 2024[26] - The group reported a pre-tax loss of RMB 34,724,000 for the current period, compared to a loss of RMB 19,314,000 in the previous year, indicating worsening financial performance[36] - The net loss attributable to equity holders of the parent company was RMB 31,438,000 for the current period, compared to RMB 22,380,000 in the previous year, highlighting increased losses[36] - The group reported a total comprehensive loss of RMB 36,935,000 for the current period, compared to RMB 20,616,000 in the previous year, indicating a substantial increase in overall losses[38] Revenue Breakdown - The decline in revenue was primarily due to a decrease of approximately RMB 45.7 million from mobile gaming, RMB 62.4 million from digital media, and RMB 6.8 million from gaming product supply[7] - The gaming business generated revenue of approximately RMB 1.2 million in the first half of 2025, down 97.4% from RMB 46.9 million in the first half of 2024[15] - Digital media content sales revenue decreased by approximately RMB 62.4 million or 79.5% from RMB 78.5 million in the first half of 2024 to approximately RMB 16.1 million in the first half of 2025[15] - Revenue from mobile game development and operation was 1,213 thousand RMB for the six months ending June 30, 2025, compared to 46,760 thousand RMB in the same period of 2024, reflecting a substantial drop[54] - Revenue from AI-related applications and services reached 9,193 thousand RMB for the six months ending June 30, 2025, down from 22,649 thousand RMB in the same period of 2024[54] - Revenue from a single customer accounted for approximately RMB 1,687,000 for the six months ended June 30, 2025, compared to RMB 8,498,000 for the same period in 2024[52] Cost and Expenses - Sales cost decreased from approximately RMB 112.8 million in H1 2024 to about RMB 16.0 million in H1 2025, a reduction of approximately RMB 96.8 million or 85.8%[17] - Research and development expenses decreased by 34.5% from RMB 16.0 million in the first half of 2024 to RMB 10.5 million in the first half of 2025[14] - Administrative expenses decreased by 11.5% from RMB 21.8 million in the first half of 2024 to RMB 19.3 million in the first half of 2025[14] - Selling and distribution expenses increased from approximately RMB 3.8 million in H1 2024 to about RMB 4.0 million in H1 2025, an increase of approximately RMB 0.2 million or 7.0%[18] - Other income and gains decreased from approximately RMB 6.0 million in H1 2024 to about RMB 0.035 million in H1 2025[21] - The group incurred a total cost of sales of RMB 16,006,000 for the six months ended June 30, 2025, compared to RMB 112,752,000 for the same period in 2024, indicating a significant reduction[60] Assets and Liabilities - Cash and cash equivalents decreased from approximately RMB 3.9 million as of December 31, 2024, to about RMB 1.5 million as of June 30, 2025[28] - The group had a debt-to-asset ratio of 6.4% as of June 30, 2025, compared to 1.1% as of December 31, 2024[29] - Non-current assets decreased from RMB 134,417,000 to RMB 120,746,000, a decline of approximately 10.1%[40] - Current assets decreased from RMB 416,206,000 to RMB 199,743,000, a decline of approximately 52.0%[40] - Total liabilities decreased from RMB 353,972,000 to RMB 153,375,000, a decline of approximately 56.7%[40] - Total equity decreased from RMB 179,254,000 to RMB 142,319,000, a decline of approximately 20.6%[41] - The company reported a cash and cash equivalents balance of RMB 1,470,000, down from RMB 3,863,000, a decrease of approximately 61.9%[40] Strategic Focus and Future Outlook - The company will focus on strengthening investments in mobile game development, digital media content production, AI technology research, and overseas market expansion[10] - The government’s policy on AI development is expected to create significant growth and investment opportunities in the AI industry, particularly in software and technology services[8] - The company aims to enhance the integration of AI technology with its digital media services to provide more emotionally engaging and interactive products[11] - The digital entertainment and media industry is expected to see multiple development opportunities in the second half of 2025 due to AI technology upgrades and market recovery[9] - The company plans to explore new product landing scenarios and integrate resources to drive innovation and create a more diverse product portfolio[10] Governance and Compliance - The company has not declared any interim dividends for the six months ended June 30, 2025, consistent with the previous year[59] - The audit committee has confirmed that the interim financial results for the six months ending June 30, 2025, comply with relevant accounting standards[68] - The company is actively seeking suitable candidates to fill the vacancy of independent non-executive director following a resignation[69] - The company appointed a female non-executive director on March 28, 2025, to comply with diversity policies[70] - All directors confirmed adherence to the standards governing securities trading during the first half of 2025[71] - The interim results announcement and report will be published on the Hong Kong Stock Exchange and the company's website[73] - The board expressed gratitude to shareholders, management, employees, business partners, and customers for their ongoing support[74] - The board of directors includes two executive directors and three non-executive directors as of the announcement date[76]

Core Viewpoint - The company, Douyu Technology (01961), anticipates a significant loss for the six months ending June 30, 2025, estimated between RMB 33 million and RMB 38 million, compared to a loss of approximately RMB 19.5 million for the same period ending June 30, 2024 [1] Group 1: Financial Performance - The expected loss for the upcoming period is substantially higher than the previous year's loss, indicating a deteriorating financial situation [1] - The decline in performance is attributed to a significant reduction in revenue from existing games, as their operational cycle has ended, and new games have yet to be launched [1] Group 2: Revenue Sources - The mobile gaming segment has experienced a notable decrease in revenue due to the aforementioned reasons [1] - The company has allocated all resources to the development of new games, leading to a decline in revenue from the digital media segment [1] Group 3: Economic Environment - An increase in provisions for impairment of trade receivables has been noted, which is attributed to the unfavorable macroeconomic environment [1]

Core Viewpoint - The company, Multi-Channel Technology (01961.HK), anticipates a loss between RMB 33 million to RMB 38 million for the six months ending June 30, 2025, compared to a loss of approximately RMB 19.5 million in the same period last year [1] Group 1: Financial Performance - The expected loss for the upcoming period is significantly higher than the previous year's loss, indicating a deteriorating financial situation [1] - The decline in performance is attributed to a substantial decrease in revenue, primarily due to the end of the operating cycle for existing games and the lack of new game launches [1] Group 2: Revenue Sources - The mobile gaming segment has experienced a significant drop in revenue as all resources have been allocated to the development of new games [1] - The digital media segment has also seen a decline in revenue due to the focus on new game development [1] Group 3: Economic Environment - An increase in impairment provisions for trade receivables has been noted, which is attributed to the unfavorable macroeconomic environment [1]

本公告由多牛科技國際（ 開曼 ）集團有限公司（「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（「上市 規 則」）第 13.09 (2) 條 及 香 港 法 例 第 571 章 證 券 及 期 貨 條 例 第 XIVA 部 內 幕 消 息 條 文（ 定 義 見 上 市 規 則 ）作 出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者， 根據對本集團截至二零二五年六月三十日止六個月（「本期間」）之未經審核綜合管 理賬目及本公司目前可得資料之初步評估，預期本集團截至二零二五年六月三十 日止六個月可能錄得介乎人民幣33百萬元至人民幣38百萬元之間之期內虧損，而 截至二零二四年六月三十日止六個月（「相應期間」）則錄得期內虧損約人民幣19.5 百萬元。 董事會相信本集團業績下滑主要由於（ 其中包括 ）： 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 任何部份內容而產 ...

Group 1 - The company, Multi-Channel Technology (01961.HK), will hold a board meeting on August 29, 2025 [1] - The meeting will review and approve the interim results for the six months ending June 30, 2025, and its release [1] - The company may declare an interim dividend during this meeting, if applicable [1]

多牛科技國際（ 開曼 ）集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）之 董事會（「董事會」）謹此宣佈，本公司將於2025年8月29日（ 星期五 ）舉行董事會會 議，以（ 其中包括 ）考慮及批准本集團截至2025年6 月30 日止六個月之未經審核的 中期業績及其刊發，及考慮宣派中期股息（ 如有 ），以及處理其他事項。 承董事會命 多牛科技國際（開曼）集團有限公司 主席 李強 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的任何損失承擔任何責任。 Infinities Technology International (Cayman) Holding Limited 多 牛 科 技 國 際（ 開 曼 ）集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1961） 董事會會議召開日期 於本公告日期，董事會由兩名執行董事李強先生及王樂先生；三名非執行董事王 寧先生、梁俊華先生及王艷女士 ...

Summary of Key Points Core Viewpoint - A total of 142 stocks reached their 52-week highs as of August 12, with notable performers including Yingmei Holdings (02028), Elite Group (01775), and Fuying Global Group (01620) achieving high rates of 164.89%, 84.78%, and 40.63% respectively [1]. Stock Performance - **Top Performers**: - Yingmei Holdings (02028) closed at 0.223 with a peak of 0.249, marking a 164.89% increase [1]. - Elite Group (01775) closed at 0.350 with a peak of 0.425, reflecting an 84.78% increase [1]. - Fuying Global Group (01620) closed at 0.180, reaching its peak at 0.180, showing a 40.63% increase [1]. - **Other Notable Stocks**: - Aoya Group (02425) increased by 34.36% [1]. - Fuyiy International Holdings (01470) saw a rise of 28.30% [1]. - Huajian Medical (01931) experienced a 27.58% increase [1]. 52-Week High Rankings - The ranking of stocks that reached their 52-week highs includes: - Yingmei Holdings (02028) at 164.89% [1]. - Elite Group (01775) at 84.78% [1]. - Fuying Global Group (01620) at 40.63% [1]. 52-Week Low Rankings - The report also highlights stocks that reached their 52-week lows, with notable declines including: - Jiadeng International Group (08153) at -15.25% [4]. - Kun Group (00924) at -12.86% [4]. - Zhongjia Guoxin (00899) at -10.00% [4].

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: 多牛科技國際(開曼)集團有限公司 呈交日期: 2025年8月6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) | 01961 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本總額： HKD 20, ...

52周新高排行 | 股票名称 | 收盘价 | 最高价 | 创高率 | | --- | --- | --- | --- | | 中证国际股权(02912) | 0.057 | 0.120 | 69.01% | | 胜利管道(01080) | 0.093 | 0.099 | 35.62% | | 中科生物(01237) | 0.990 | 1.000 | 26.58% | | 力丰（集团）(00387) | 0.800 | 1.100 | 26.44% | | 金石资本集团(01160) | 0.320 | 0.320 | 18.52% | | 中赣通信(02545) | 0.620 | 0.630 | 16.67% | | 金马能源(06885) | 1.500 | 1.680 | 15.86% | | 中国华星(00485) | 0.350 | 0.350 | 12.90% | | HOME | 4.200 | 4.360 | 12.66% | | CONTROL(01747) | | | | | PACIFIC LEGEND(08547) | 0.265 | 0.295 | 11.32% | | 北京体育文 ...

Core Viewpoint - As of August 1, 2023, the stock price of Douyin Technology (01961.HK) closed at HKD 0.305, marking a decline of 1.61% from the previous trading day, with an intraday low of HKD 0.280, the lowest in nearly a year [1] Group 1: Company Overview - Douyin Technology International (Cayman) Group Limited is a Chinese digital entertainment content provider, established in 2011, offering a diverse content portfolio including mobile games primarily for the Android operating system, e-magazines, and other digital media content such as comics and music [1] - From 2016 to 2019, the company focused mainly on casual mobile games, and since 2017, it has also developed and operated premium mobile games, launching its first multiplayer mobile game in January 2019 [1] - Since 2018, the company has collaborated with clients to utilize its game broadcasting time for advertising their media content [1] Group 2: Financial Performance - On the same day, the main capital inflow was HKD 0.364 million, while there was a net outflow of HKD 2.25 million [1]