Revenue and Financial Performance - For the six months ended June 30, 2025, the company reported revenue of RMB 78,012,000, a significant increase from RMB 23,328,000 in the same period of 2024, representing a growth of 234%[100] - The gross profit for the same period was RMB 594,000, compared to RMB 23,000 in 2024, indicating a substantial improvement in profitability[100] - The loss before taxation decreased to RMB 6,312,000 from RMB 19,646,000 in the previous year, showing a reduction of approximately 68%[100] - The loss for the period attributable to the owners of the company was RMB 6,022,000, down from RMB 16,414,000 in 2024, reflecting a 63% decrease[100] - The company did not declare any interim dividend for the period, consistent with the previous year where no interim dividend was declared[85] - The company reported a total comprehensive expense of RMB 6,815,000 attributable to owners of the company for the period[107] - The Group's financial performance reflects ongoing challenges, as indicated by the loss before taxation despite revenue growth[137] Property Development and Sales - The Group generated no revenue from property development and investment during the Period, consistent with 2024 figures of RMB nil[10] - A total of 174 residential units were launched in the Second Maoming Project, with 157 units sold as of 30 June 2025, representing a sales rate of approximately 90.3%[16] - The Second Maoming Project has a total site area of approximately 29,274.16 m², with a gross saleable area of 84,000 m², including 59,000 m² for residential and 25,000 m² for commercial use[14] - The internal acceptance procedures for Towers 6 and 7 have been completed, with expected delivery of residential units in September 2025 upon government approval[18] - The Group plans to focus on ensuring the delivery and sales of remaining units in Tower 6, Tower 7, and S1 commercial villas in the second half of 2025[21] - The Group anticipates that sales proceeds will fund subsequent development needs, subject to local market conditions and macroeconomic trends[20] - The remaining project offerings will be introduced in phases according to the development plan[16] Trading Activities - For the period, the Group's revenue amounted to approximately RMB78.0 million, all from trading business, compared to RMB23.3 million in 2024[34] - Copper product transactions amounted to approximately RMB57 million, while tin product transactions were approximately RMB21 million during the period[23] - The Group's trading team will continue to strengthen its presence in bulk commodity trading while actively seeking profitable opportunities aligned with market trends[26] - The revenue from trading of commodity products was RMB 78,012,000, with a segment profit of RMB 594,000, while the Group incurred a loss before taxation of RMB 6,312,000[137] Assets and Liabilities - The total assets of the Group as of June 30, 2025, were approximately RMB572.5 million, slightly up from RMB569.3 million at the end of 2024[35] - The Group's other borrowings amounted to approximately RMB 9.1 million, with a gearing ratio of approximately 9.0% as of June 30, 2025, down from 9.2% in December 2024[39][45] - The Group had commitments for property development amounting to RMB 176.7 million as of June 30, 2025, down from RMB 237.3 million in December 2024[53][57] - The maximum liability related to mortgage loans provided to certain buyers of the group's properties was approximately RMB 82.5 million as of June 30, 2025, unchanged from December 31, 2024[64] - The Group's total trade payables were RMB 116,941,000 as of June 30, 2025, slightly up from RMB 115,110,000 as of December 31, 2024[174] Share Capital and Financing - The issued ordinary share capital as of June 30, 2025, was approximately HK$3,773,714.57, divided into 377,371,457 shares[40][46] - On May 14, 2025, the Group successfully placed 61,064,000 shares at a price of HK$0.105 per share, raising gross proceeds of approximately HK$6.4 million[41][47] - The net proceeds from the placing of new shares were approximately HK$6,880,000 after deducting commissions and other expenses, highlighting effective capital raising strategies[186] - The company issued new shares upon placing, raising RMB 5,692,000 during the period[107] Employment and Management - As of June 30, 2025, the group employed 25 full-time employees in Hong Kong and China, down from 35 as of December 31, 2024, with total compensation during the period amounting to RMB 2.7 million, a decrease from RMB 3.9 million the previous year[63] - The remuneration for key management personnel decreased to RMB967,000 for the six months ended June 30, 2025, down from RMB1,404,000 in the same period of 2024, indicating a decline of approximately 30.9%[192] Corporate Governance and Compliance - The company maintained compliance with all relevant code provisions set out in the Corporate Governance Code during the reporting period[83] - The Audit Committee reviewed the unaudited condensed consolidated financial statements for the period and discussed accounting policies with management and auditors[96] Future Outlook and Strategy - The Group is exploring diversification into additional product segments, including consumer goods, to broaden its revenue base[26] - Local governments have increased policy support to stimulate activity in the property sector amid challenges, with expectations for a more sustained recovery[32] - The Group plans to continue pre-sales of properties from the Second Maoming Project to improve liquidity[114] - The Group aims to actively control administrative costs and maintain capital expenditure containment[119]

Group 1: Overall Economic Trends - In August, the year-on-year growth rate of social retail sales narrowed to 3.4%, with a cumulative growth rate of 4.6% for the first eight months, down by 0.2 percentage points [13][20] - The performance of social retail sales in first-tier cities continues to be a major drag, with a negative growth rate of -3.9% in July, marking eight consecutive months of decline [13][20] - The growth of essential consumption is showing divergence, with stable growth in staple food and a negative growth in tobacco and alcohol due to weak demand [20][21] Group 2: Consumer Demand Insights - The "trade-in" policy's effect is diminishing, yet home appliances and furniture maintain double-digit growth, while communication equipment shows a significant slowdown in growth [20][21] - New consumption channels such as instant retail and live streaming continue to thrive, with online retail growth outpacing overall social retail growth, particularly in jewelry, cosmetics, and cultural office supplies [20][21] - Benefiting from the increase in new car sales, the automotive retail sector has turned positive, indicating potential recovery in consumer demand [20][21] Group 3: Information Technology Sector - The Philadelphia Semiconductor Index, Taiwan Semiconductor Industry Index, and DXI Index all showed upward trends this week [7] - The price of DDR5 DRAM memory increased week-on-week, while NAND index also rose by 1.85% [7][8] - In August, smartphone production saw an expanded year-on-year growth rate, while integrated circuit production growth narrowed [7][8] Group 4: Midstream Manufacturing Sector - Prices for DMC, cathode materials, and cobalt products increased, while most lithium raw material prices decreased [7] - The photovoltaic price index rose week-on-week, although the production growth of solar cells narrowed in August [7][8] - The automotive production and sales growth rates expanded in August, with heavy truck sales also showing significant year-on-year growth [7][8] Group 5: Resource Sector Trends - The average transaction volume of construction steel increased week-on-week, and rebar prices also rose [5][9] - Brent crude oil prices increased by 2.58%, while the chemical product price index showed a mixed trend with most prices rising [5][9] - Industrial metal prices generally increased, with most inventories declining [5][9]

Group 1 - The global semiconductor foundry market (Foundry 2.0) is expected to see a revenue growth of 19% year-on-year by Q2 2025, driven primarily by advanced processes and advanced packaging [1] - TSMC's market share is projected to increase from 31% in Q2 2024 to 38% in Q2 2025, attributed to the ramp-up of 3nm technology and CoWoS expansion [1] - The OSAT industry is expected to accelerate its revenue growth rate from 5% to 11%, with notable contributions from companies like ASE and KYEC, the latter benefiting from AI GPU demand with over 30% year-on-year growth [1] Group 2 - Advanced packaging technology is becoming increasingly important, with chip manufacturers expected to rely on it to enhance chip performance [2] - The third quarter growth drivers include the traditional consumer electronics peak season, accelerated AI applications and orders, and current subsidy policies in mainland China [2] - Foundry 2.0 is defined as a transformation from traditional foundry services to a technology integration platform, encompassing pure foundry, non-memory IDM, OSAT, and photomask manufacturers [2]

Group 1 - The company announced that Mr. Li Zhentong will resign as an independent non-executive director effective September 15, 2025, to dedicate more time to his personal business [1] - Mr. Su Zhijie has been appointed as the chairman of the remuneration committee [1] - Ms. Aika Ouji has been appointed as a member of both the remuneration committee and the audit committee [1]

智通财经APP讯，中国上城(02330)公布，自2025年9月15日起，李镇彤先生由于需要投放更多时间于他 的个人业务，因而辞任独立非执行董事，并不再担任薪酬委员会的主席，以及审核委员会及提名委员会 各自的成员;独立非执行董事苏志杰先生已获委任为薪酬委员会的主席;及独立非执行董事 Aika Ouji 女 士已获委任为薪酬委员会及审核委员会各自的成员。 ...

Group 1 - The company announced that Li Zhentong will resign as an independent non-executive director effective September 15, 2025, to focus more on his personal business [1] - Su Zhijie has been appointed as the chairman of the remuneration committee [1] - Aika Ouji has been appointed as a member of both the remuneration committee and the audit committee [1]

China Uptown Group Company Limited 中國上城集團有限公司 董事會設立三個委員會。各董事成員在這些委員會中所擔任的職位如下： 審核委員會 邱思揚先生 （主席） 蘇志杰先生 Aika Ouji女士 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （ 股份代號： 2 330 ） 董事名單與其角色職能 中國上城集團有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 劉建輝先生 （行政總裁） 劉智仁先生 獨立非執行董事 邱思揚先生 蘇志杰先生 Aika Ouji女士 薪酬委員會 蘇志杰先生 （主席） 劉智仁先生 Aika Ouji女士 提名委員會 劉智仁先生 （主席） 蘇志杰先生 Aika Ouji女士 香港，二零二五年九月十五日 ...

獨立非執行董事辭任 中國上城集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此 宣佈，李鎮彤先生（「李先生」）由於需要投放更多時間於他的個人業務，因而 於二零二五年九月十五日辭呈獨立非執行董事，自二零二五年九月十五日起生 效。 李先生已確認，彼與董事會並無意見分歧，且概無其他有關彼辭任之事宜須提請 本公司股東及香港聯合交易所有限公司垂注。 - 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，概不會就本公告全部 或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 China Uptown Group Company Limited 中國上城集團有限公司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （ 股 份代號： 2 3 3 0 ） 獨立非執行董事辭任及 董事會委員會組成的變更 董事會宣佈自二零二五年九月十五日起： 承董事會命 中國上城集團有限公司 執行董事兼行政總裁 1. 李鎮彤先生由於需要投放更多時間於他的個人業務，因而辭任獨立非執行董 事，並不再擔任薪酬委員會之主席，以及審核委 ...

Core Viewpoint - Investment bank Goldman Sachs believes that Chinese lithography companies are at least 20 years behind their American counterparts in advanced lithography technology, which is a critical bottleneck in high-end chip manufacturing [2][4]. Group 1: Lithography Technology - Lithography is one of the steps in chip manufacturing, involving the transfer of chip designs from photomasks to silicon wafers. Advanced equipment like ASML's EUV and high numerical aperture EUV scanners can transfer smaller circuit patterns, enhancing chip performance [4]. - The report from Goldman Sachs emphasizes that ASML invested $40 billion over 20 years to transition from 65nm lithography to below 3nm technology, highlighting the significant time and capital required for such advancements [5]. Group 2: Current Industry Status - Leading chip manufacturers like Taiwan's TSMC are currently mass-producing 3nm chips and are accelerating the production of 2nm products, while Chinese lithography equipment manufacturers are still at the 65nm process stage [5]. - ASML's CEO, Christophe Fouquet, stated that due to the inability to obtain the most advanced EUV lithography equipment, Chinese companies lag behind industry giants like Intel, TSMC, and Samsung Electronics by approximately 10 to 15 years [5]. Group 3: Export Controls and International Relations - The U.S. government is pressuring ASML not to provide maintenance services for advanced DUV systems sold to China, in line with current sanctions against the Chinese semiconductor industry. However, the Dutch government has not agreed to these U.S. requests [6]. - ASML aims to retain control over its equipment to prevent sensitive information leaks, as allowing Chinese companies to take over maintenance could compromise this information [6].

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: 中國上城集團有限公司 呈交日期: 2025年9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) | 02330 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 30,000,000,000 | HKD | | 0.01 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 30,000,000,000 | HKD | | 0.01 HKD | | 300,000,000 | 本月底法定/註冊股本總額： HKD 300,00 ...