Group 1 - The core viewpoint of the news is that Haichang Ocean Park's stock price increased over 5% in early trading, despite facing significant financial challenges in the first half of the year, with a notable growth in its IP business revenue [1] - Haichang Ocean Park reported a revenue of 686 million RMB for the first half of the year, a decrease of 14.19% year-on-year, and a shareholder loss of 295 million RMB, which expanded by 250.41% [1] - The company secured the operational rights for an internationally recognized IP theme store, leading to an IP business revenue of 78.06 million RMB, which represents a year-on-year growth of 23% [1] Group 2 - Xiangyuan Holdings Group announced a strategic investment of 2.295 billion HKD in Haichang Ocean Park, which, if completed, would result in Xiangyuan holding 38.6% of the shares and becoming the new controlling shareholder [2] - This strategic investment is expected to complement the strengths of both parties, providing Haichang Ocean Park with additional strategic development resources and helping to reduce financial costs [2]

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 本月底法定/註冊股本總額： USD 750,000 備註： 本公司之法定股本於2025年8月19日由500,000美元（分為10,000,000,000股每股面值0.00005美元之股份）增加至750,000美元（分為15,000,000,000股每股面值0.00005美元之股份）。有關詳情 載於本公司日期為 2025年7月31日的通函。 第 1 頁 共 10 頁 v 1.1.1 致：香港交易及結算所有限公司 公司名稱: 海昌海洋公園控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年9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) | 02255 | 說明 | 海昌海洋公園 | | | | | | | | 法定/註冊股份數目 | | ...

Core Viewpoint - Haichang Ocean Park reported a significant decline in revenue and an increase in losses for the first half of 2025, indicating challenges in consumer spending and attendance [1] Financial Performance - For the first half of 2025, Haichang Ocean Park achieved revenue of 686 million yuan, a year-on-year decrease of 14.2%, with a loss of approximately 296 million yuan [1] - The number of visitors decreased, reflecting a substantial drop in consumer willingness and ability to spend [1] Strategic Developments - The company is advancing its OAAS (Operation as a Service) light asset strategy, with major projects expected to launch soon [1] - The Beijing Haichang Ocean Park project has obtained a construction permit and is set to begin structural construction, aiming for completion in the first half of 2026 and trial operations in the first half of 2027 [1] - The Fuzhou Haichang Ocean Park project is in negotiations with local state-owned platforms, with plans to commence construction in 2026 [1] IP Business Growth - In the first half of the year, Haichang Ocean Park secured the operational rights to an internationally recognized IP theme store, generating 78.06 million yuan in IP business revenue, a 23% increase year-on-year [2] - The company aims to establish an IP operation track by collaborating with globally influential IPs, integrating IP commercialization with various entertainment and lifestyle scenarios [2] Market Opportunities - The introduction of multiple consumer promotion policies presents unprecedented growth opportunities for the cultural tourism industry [3] - The opening of the second phases of Shanghai Haichang and Zhengzhou Haichang is expected in 2026, providing a solid foundation for revenue growth [3] - The company plans to leverage a dual-driven model of "OAAS + IP" to enhance its market competitiveness and support various marine-themed projects [3] Long-term Vision - Haichang Ocean Park is committed to becoming an international comprehensive cultural tourism group centered on marine culture, continuously enhancing its core competitiveness [3] - The company has several OAAS projects in negotiation, laying a solid foundation for sustained future growth [3]

Group 1 - The core viewpoint of the article highlights that Haichang Ocean Park (02255) reported a significant decline in revenue and an increase in shareholder losses for the six months ending June 30, 2025 [1] Group 2 - The company's revenue for the period was RMB 686 million, representing a year-on-year decrease of 14.19% [1] - The loss attributable to shareholders was RMB 295 million, which is an increase of 250.41% compared to the previous year [1] - The loss per share was reported at 3.64 cents [1]

Group 1 - The company reported a revenue of RMB 686 million for the six months ending June 30, 2025, representing a year-on-year decrease of 14.19% [1] - The loss attributable to shareholders expanded to RMB 295 million, marking a year-on-year increase of 250.41% [1] - The loss per share was recorded at 3.64 cents [1]

[Interim Results Summary](index=2&type=section&id=Interim%20Results%20Summary) [Interim Condensed Consolidated Statement of Profit or Loss](index=2&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss) For the six months ended June 30, 2025, the Group's revenue decreased by **14.2%** to **RMB 686.3 million** year-on-year, with gross profit significantly down **63.2%** to **RMB 71.7 million**. Loss for the period expanded significantly to **RMB 295.6 million**, and loss per share attributable to owners of the parent was **RMB 3.64 cents** Key Data from Interim Condensed Consolidated Statement of Profit or Loss | Metric | June 30, 2025 (RMB in thousands) | June 30, 2024 (RMB in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 686,303 | 799,801 | -14.2% | | Cost of Sales | (614,601) | (604,929) | +1.6% | | Gross Profit | 71,702 | 194,872 | -63.2% | | Other Income and Gains | 27,434 | 96,297 | -71.5% | | Selling and Marketing Expenses | (51,252) | (26,744) | +92.1% | | Administrative Expenses | (172,528) | (166,944) | +3.36% | | Finance Costs | (156,965) | (168,518) | -6.8% | | Loss Before Tax | (295,610) | (83,408) | +254.4% | | Loss for the Period | (295,626) | (87,193) | +239.1% | | Loss Attributable to Owners of the Parent | (295,139) | (84,226) | +250.4% | | Basic and Diluted Loss Per Share (RMB cents) | (3.64) | (1.04) | +250.0% | [Interim Condensed Consolidated Statement of Comprehensive Income](index=3&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) The Group's total comprehensive loss for the six months ended June 30, 2025, significantly expanded to **RMB 290.9 million** from **RMB 84.9 million** in the prior period, primarily due to increased loss for the period and exchange differences Key Data from Interim Condensed Consolidated Statement of Comprehensive Income | Metric | June 30, 2025 (RMB in thousands) | June 30, 2024 (RMB in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Loss for the Period | (295,626) | (87,193) | +239.1% | | Exchange Differences on Translation of Foreign Operations (reclassifiable) | (52,774) | (17,922) | +194.5% | | Exchange Differences on Translation of Foreign Operations (non-reclassifiable) | 57,495 | 20,252 | +184.0% | | Other Comprehensive Income for the Period (net of tax) | 4,721 | 2,330 | +102.6% | | Total Comprehensive Loss for the Period | (290,905) | (84,863) | +242.8% | | Total Comprehensive Loss Attributable to Owners of the Parent | (290,418) | (81,896) | +254.6% | [Interim Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets slightly decreased, net current liabilities further expanded, and net assets decreased by **16.0%**, indicating financial pressure Key Data from Interim Condensed Consolidated Statement of Financial Position | Metric | June 30, 2025 (RMB in thousands) | December 31, 2024 (RMB in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Total Non-current Assets | 9,588,005 | 9,851,854 | -2.7% | | Total Current Assets | 529,074 | 487,699 | +8.5% | | Total Current Liabilities | 3,721,685 | 3,440,618 | +8.2% | | Net Current Liabilities | (3,192,611) | (2,952,919) | +8.1% | | Total Assets Less Current Liabilities | 6,395,394 | 6,898,935 | -7.3% | | Total Non-current Liabilities | 4,870,999 | 5,083,635 | -4.1% | | Net Assets | 1,524,395 | 1,815,300 | -16.0% | | Total Equity | 1,524,395 | 1,815,300 | -16.0% | [Notes to the Interim Condensed Consolidated Financial Information](index=6&type=section&id=Notes%20to%20the%20Interim%20Condensed%20Consolidated%20Financial%20Information) [Basis of Preparation](index=6&type=section&id=Basis%20of%20Preparation) The interim condensed consolidated 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 - Financial information is prepared in accordance with **IAS 34** and should be read in conjunction with annual reports[8](index=8&type=chunk) [Basis of Presentation (Going Concern)](index=6&type=section&id=Basis%20of%20Presentation%20-%20Going%20Concern) Despite net current liabilities of **RMB 3.19 billion** and a loss for the period of **RMB 296 million**, the Board believes the Group can continue as a going concern, supported by bank and credit facilities, capital expenditure monitoring, new investment opportunities, and **HKD 2.295 billion** new equity financing approved by shareholders through a subscription - The Group's net current liabilities amounted to **RMB 3,192,611,000** and net loss for the period was **RMB 295,626,000**[9](index=9&type=chunk) - The Group has secured unutilized bank and credit facilities totaling **RMB 4,500,000,000** valid beyond December 31, 2025[10](index=10&type=chunk) - The Company entered into a subscription agreement with Sunriver Starrysea Tourism (Cayman) Co., Ltd. to allot and issue **5,100,000,000** new shares at **HKD 0.45** per share, for a total consideration of **HKD 2,295,000,000**, which has been approved by shareholders[10](index=10&type=chunk) [Changes in Accounting Policies and Disclosures](index=7&type=section&id=Changes%20in%20Accounting%20Policies%20and%20Disclosures) This period saw the first application of revised IFRS accounting standards, including amendments to IAS 21 'Lack of Exchangeability', but these changes had no significant impact on the Group's financial position or performance - New and revised IFRS accounting standards, including amendments to **IAS 21** 'Lack of Exchangeability', were first applied in this period[12](index=12&type=chunk) - The application of new accounting standards had no significant impact on the Group's financial position and performance[12](index=12&type=chunk) [Operating Segment Information](index=8&type=section&id=Operating%20Segment%20Information) The Group's main operating segments include park operations, operations-as-a-service, and property development, with park operations being the primary revenue source. For the six months ended June 30, 2025, both park operations and operations-as-a-service segments saw decreased revenue and performance, while the property development segment generated no revenue Operating Segment Revenue and Results (for the six months ended June 30, 2025) | Segment | Revenue (RMB in thousands) | Segment Results (RMB in thousands) | | :--- | :--- | :--- | | Park Operations | 646,200 | 65,654 | | Operations-as-a-Service | 40,103 | 6,048 | | Property Development | – | – | | **Total** | **686,303** | **71,702** | Operating Segment Revenue and Results (for the six months ended June 30, 2024) | Segment | Revenue (RMB in thousands) | Segment Results (RMB in thousands) | | :--- | :--- | :--- | | Park Operations | 735,866 | 185,223 | | Operations-as-a-Service | 63,935 | 9,649 | | Property Development | – | – | | **Total** | **799,801** | **194,872** | - Over **99%** of the Group's revenue and non-current assets are derived from Mainland China operations, thus no geographical information is presented[13](index=13&type=chunk) [Revenue](index=11&type=section&id=Revenue) For the six months ended June 30, 2025, the Group's total revenue was **RMB 686.3 million**, a **14

Core Insights - Bionic technology is transforming the cultural tourism sector in China by creating immersive experiences that blend digital technology with biological inspiration [1][31] - The application of bionic technology includes bionic animals, robots, and architectural designs, enhancing visitor engagement and educational value [1][31] Bionic Animals - Bionic animals are a prominent application of bionic technology, allowing extinct species like dinosaurs to be "revived" through mechanical and intelligent systems [2][3] - The bionic dinosaurs in Sichuan's Zigong, developed by Zigong Ancient Dragon Technology, interact with visitors, enhancing educational experiences and attracting global interest [3][11] - Dalian Botao Cultural Technology's bionic giant creatures, such as the AI bionic bear "Jubear Beibei," showcase advanced interaction capabilities, becoming popular attractions [6][7] Bionic Robots - Bionic robots are increasingly used in cultural tourism for both service and performance roles, providing personalized guidance and engaging entertainment [16][31] - Service robots in tourist sites, like those in Wuzhen, offer tailored experiences through real-time interaction and data analysis, improving visitor satisfaction [17][18] - Performance robots, such as the Li Bai robot in Hubei, bring historical figures to life, enhancing cultural storytelling through interactive presentations [19][22] Bionic Architecture and Landscape Design - Bionic architecture mimics natural forms and functions, creating harmonious environments that enhance visitor experiences [25][26] - Examples include the Qingxi Cultural and Historical Museum in Zhejiang, which integrates local natural elements into its design, promoting cultural and ecological awareness [26][29] - Bionic landscape designs, such as interactive public art installations, engage visitors and promote environmental sustainability [27][30] Industry Impact and Trends - Bionic technology is enhancing visitor experiences by providing novel and immersive attractions, aligning with the demand for high-quality tourism [31][32] - The integration of bionic technology is fostering new cultural IPs and tourism business models, driving economic growth in regions like Zigong and Haichang Ocean Park [31][32] - The collaboration between cultural tourism and technology sectors is accelerating innovation and improving project quality, exemplified by partnerships between theme parks and tech companies [32][35] - Bionic technology is also reinforcing educational functions in tourism, making learning more engaging through interactive exhibits and performances [35][36]

Group 1 - The Beijing Haichang Ocean Park is under construction in the city's sub-center, positioned near the future Water World of Universal Studios [1] - The project has obtained a construction permit, and the construction team is fully mobilized to begin structural work [1] - The park is expected to open by 2027, marking the only new large-scale ocean theme park built in Beijing since 2000 [1] Group 2 - The ocean park features a design resembling a "giant sailing ship" and includes over 20 main attractions divided into 8 themed zones [1] - The whale and dolphin theater will have a capacity of 5,000 seats, making it one of the largest indoor whale and dolphin theaters in the country [1] - The park will also include a hotel primarily featuring family rooms, with approximately 230 ocean and Ultraman-themed rooms, along with various dining facilities [2]

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佈的內容概不負責，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佈全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 HAICHANG OCEAN PARK HOLDINGS LTD. 海昌海洋公園控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2255） (1)於2025年8月19日舉行的股東特別大會的投票表決結果；及 (2)授出清洗豁免 董事會欣然宣佈，通告所載普通決議案及特別決議案已獲股東於2025年8月19 日舉行的股東特別大會上以投票表決方式正式通過。 於2025年8月19日舉行的股東特別大會的投票表決結果 茲如通函所披露，非執行董事王旭光先生曾參與認購事項之磋商，並持有合共 20,780,000股股份（佔股東特別大會日期已發行股份總數約0.25%），已就通告所 載的所有決議案放棄投票。本公司股份獎勵計劃之受託人持有合共9,910,000股股 份，根據上市規則，彼須並已於股東特別大會就決議案放棄投票。 除上文所披露者外，概無其他股東須根據上市規則就通告所載決議案放棄投票。 於股東特別大會日期，(i) ...

Group 1 - The company, Ocean Park Corporation (02255.HK), will hold a board meeting on August 29, 2025, to review and approve its interim results for the six months ending June 30, 2025, and to announce any interim dividend if applicable [1]