Group 1 - The core viewpoint of the article highlights the strategic partnership between Mistrategy and Helio, a subsidiary of MoonPay, aimed at advancing the creator economy through Web3 solutions [1] - Mistrategy's stock price increased by over 9%, reaching HKD 3.86 with a trading volume of HKD 6.45 million [1] - The collaboration will support the development of Moonit's new generation issuance platform and token trading system, focusing on meme and tokenization [1] Group 2 - Moonit will introduce the industry's first AI Meme Money Markets, allowing users to instantly tokenize popular meme tokens and convert cultural assets into on-chain assets [1] - Mistrategy will provide technical consulting services and strategic guidance for the platform, as well as help identify and recommend well-known creators and digital platforms with large creator networks, such as 9GAG [1]

Group 1 - The company announced a rights issue based on a non-underwritten basis, offering 1.23 billion shares at a ratio of 1 share for every 2 existing shares held as of the record date of July 4, 2025 [1]

Group 1 - The company, Mistral (02440), announced a rights issue to issue 123 million shares based on a non-underwritten basis [1] - The rights issue is structured such that for every 2 existing shares held, shareholders will receive 1 new share [1] - The record date for the rights issue is set for July 4, 2025, as defined in the company's rights issue prospectus [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 迷策略 呈交日期： 2025年8月8日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02440 | 說明 | 不適用 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股份 ...

股 東 特 別 大 會 的 投 票 表 決 結 果； 及 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 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的任何損失承擔任何責任。 MemeStrategy, Inc. 迷策略 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股份代號：2440） 於二零二五年八月七日舉行的 於 股 東 特 別 大 會 上 有 關 決 議 案 之 投 票 表 決 結 果 載 列 如 下： | 普通決議案 | | | | | | 所投票數（概 | 約 | ） % | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 贊成 | | 反對 | | | | | | | 將本公司法定股本由3,000,000美 「動 元 | 議 | | | | | 157,916,40 ...

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: | 迷策略 | | | | | | | 呈交日期: | 2025年8月4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) | 02440 | 說明 | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | 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) | 02440 | 說明 | | ...

【环球网财经综合报道】根据市场研究公司CoreData Research公布的一项调查结果，许多机构投资者已经开始部 署防范市场低迷的策略。 数据显示，由于美国贸易政策引发的波动，大约每10个机构投资者中就有8个正在采取战术性或较长期的战略转 变。 值得一提的是，在特朗普本月与日本和欧盟达成贸易协议之际，各机构普遍呈现出谨慎的心态。CoreData Research发现，69%的大型投资者担心贸易政策将导致全球资金从美国国债和美元转移。 且尽管特朗普声称其关税政策将使美国经济受益，但64%的受访者表示担心，关税政策将导致结构性通胀上升和 经济增长放缓。 CoreData Research美国负责人Michael Morley指出，鉴于"各种各样的经济情景"仍在市场发展中发挥重要作用，金 融机构目前正专注于降低风险，提高投资组合的弹性。"研究表明，机构投资者对全球最重要贸易谈判的任何乐观 情绪，都掩盖了一种感觉，即全球贸易已经发生了不可逆转的变化，因此，投资组合结构必须适应新的现实。" Morley认为，在战略配置方面，机构投资者的举动体现出比以往市场周期中更加灵活的反应功能。这些策略包括 转向价值型股票和/或 ...

Group 1 - The core viewpoint of the news highlights the significant stock performance of the company "迷策略" (Mistrategy), which has seen a cumulative increase of 77.53% over the past month and 407.21% year-to-date, outperforming the Hang Seng Index by 22.58% [2] - As of December 31, 2024, the company reported total revenue of 98.58 million yuan, a year-on-year decrease of 77.62%, and a net profit attributable to shareholders of -77.527 million yuan, a decrease of 404.11% [2] - The company operates in the Internet of Things (IoT) sector, providing data transmission and processing services as well as communication equipment to various industries, including manufacturing and municipal services [3][4] Group 2 - The company has strategically expanded into the 5G business since 2019 and began offering 5G private network data transmission and processing services in 2020 [3] - The company has established dual R&D centers in Nanjing and Shenzhen, focusing on hardware and software design, which allows it to provide integrated solutions for communication equipment and data management platforms [3] - As of November 21, 2022, the company holds 93 utility model patents, 17 invention patents, 2 industrial design patents, and 80 copyrights registered in China related to IoT applications and communication equipment [4]

Financial Performance - Revenue for the year ended December 31, 2024, was RMB 98,580, a decrease of 77.7% compared to RMB 440,550 in 2023[18] - Gross loss for 2024 was RMB (456), compared to a gross profit of RMB 83,827 in 2023[18] - Loss before tax for 2024 was RMB (70,426), a significant decline from a profit of RMB 34,456 in 2023[18] - Loss attributable to owners of the parent for 2024 was RMB (77,527), compared to a profit of RMB 25,493 in 2023[18] - The Group's revenue decreased by approximately 77.6% from approximately RMB440.6 million in 2023 to approximately RMB98.6 million in 2024[22] - The adjusted net loss was approximately RMB64.0 million in 2024, compared to an adjusted net profit of approximately RMB36.0 million in 2023[22] - The Group's net loss was approximately RMB77.5 million in 2024, compared to a net profit of approximately RMB25.5 million in 2023[40] - The Group's gross (loss)/profit decreased from approximately RMB83.8 million in 2023 to approximately RMB(0.5) million in 2024[40] - The Group's adjusted net loss in 2024 was approximately RMB64.0 million, compared to an adjusted net profit of approximately RMB36.0 million in 2023[102] Assets and Liabilities - Total assets as of December 31, 2024, were RMB 252,053, down from RMB 350,769 in 2023[18] - Total equity decreased to RMB 205,437 in 2024 from RMB 268,377 in 2023, reflecting a decline of 23.4%[18] - Current liabilities decreased to RMB 46,391 in 2024 from RMB 81,465 in 2023, a reduction of 43.0%[18] - Non-current assets decreased to RMB 16,236 in 2024 from RMB 28,147 in 2023, a decline of 42.4%[18] - Total liabilities decreased to RMB 46,616 in 2024 from RMB 82,392 in 2023, a reduction of 43.4%[18] Revenue Breakdown - Revenue from data transmission and processing services for IoT applications decreased by approximately 80.8%, from approximately RMB380.3 million in 2023 to approximately RMB73.2 million in 2024[23] - Non-5G business revenue decreased by approximately 81.7% from approximately RMB350.7 million in 2023 to approximately RMB64.2 million in 2024[39] - The Group's 5G business revenue decreased from approximately RMB89.9 million in 2023 to RMB34.3 million in 2024[39] - Revenue from sales of telecommunication equipment decreased by approximately 56.4% from approximately RMB58.2 million in 2023 to approximately RMB25.4 million in 2024[64] - Revenue from data transmission and processing services decreased by approximately 80.8% from approximately RMB380.3 million in 2023 to approximately RMB73.2 million in 2024[85] - Non-5G network services revenue decreased by approximately 81.2% from approximately RMB342.3 million in 2023 to approximately RMB64.2 million in 2024[61] - Sales of 5G telecommunication equipment decreased by approximately 51.0% from approximately RMB51.8 million in 2023 to approximately RMB25.4 million in 2024[64] Operational Strategies - The decrease in revenue for 2024 was mainly due to clients delaying projects due to cash flow concerns and macroeconomic uncertainty[36] - The Group plans to strengthen independent research and development capabilities and actively study advanced technologies in the 5G era[26] - The Group aims to implement effective operational management policies and cost control measures to promote sustainable business development[26] - The Group plans to diversify its 5G private network industrial customers to include advanced manufacturing, transportation, environmental protection, and energy industries[46] - The Group will upgrade its industry data platform to incorporate AI and big data, extending its functions to cover industrial IoT applications[47] - The Group aims to strengthen risk management and control, enhance efforts to collect trade receivables, and ensure sufficient cash flow for operations[48] Innovation and Development - As of December 31, 2024, the Group had successfully registered 30 utility model patents, 23 patents for invention, one international PCT, and 90 copyrights in the PRC[73] - The Group's one-stop solution and diversified product portfolio are expected to help it stand out in the competitive IoT market[54] - R&D expenses increased by 40.3% from approximately RMB9.6 million in 2023 to approximately RMB13.5 million in 2024[93] - The Group's impairment losses on financial assets increased by approximately 194.2% from approximately RMB10.0 million in 2023 to approximately RMB29.4 million in 2024[96] Cash Flow and Financing - Cash and cash equivalents decreased from approximately RMB33.2 million as of December 31, 2023, to approximately RMB4.1 million as of December 31, 2024, primarily due to net cash used in operating activities of approximately RMB27.0 million[108] - Net cash flow used in operating activities was approximately RMB27.0 million in 2024, compared to approximately RMB39.5 million in 2023[122] - Net cash flow from investing activities amounted to approximately RMB5.7 million in 2024, down from approximately RMB50.4 million in 2023[123] - The net cash flow used in financing activities was approximately RMB2.2 million in 2024, compared to RMB33.0 million in 2023, primarily due to the repayment of bank loans amounting to RMB5.0 million[128] Market Outlook - The IoT market in China is expected to grow at a CAGR of approximately 13.3% from 2021 to 2026, reaching approximately RMB 5,466.0 billion in 2026[49] - The 5G-based IoT market is projected to grow at a CAGR of approximately 62.2% from 2021 to 2026, reaching approximately RMB 491.9 billion in 2026[49] - The private 5G network market in China is expected to reach approximately RMB 236.1 billion in 2026, with a CAGR of approximately 108.2% from 2021 to 2026[49] Leadership and Corporate Governance - The Group's CEO, Mr. Ray Chan, has a global audience of 200 million across various social media channels, including 56 million on Instagram and 40 million on Facebook[139] - Mr. Kevin Kwong has successfully driven the group's transition from Web2 to Web3, significantly enhancing business performance during his tenure at 9GAG[158] - The leadership team has over 20 years of experience in their respective fields, with expertise spanning traditional finance, centralized finance, and decentralized finance[161] - The Company aims to enhance investor relations and corporate governance functions under the leadership of Mr. Tony Liu[187] - The Company has expanded its senior management team to include experienced professionals with backgrounds in finance and investment banking[185] Company Background - The Company was incorporated in the Cayman Islands on August 25, 2021, and listed on the Main Board of the Stock Exchange on December 12, 2022, issuing 36,000,000 Shares at an offer price of HK$2.73 per Share, resulting in net proceeds of approximately HK$47.1 million[191] - The Group is a PRC provider of data transmission and processing services for IoT applications and telecommunication equipment, serving a broad range of industrial customers[193] - The Group generates revenue primarily from customized data transmission and processing services, with additional income from telecommunication equipment maintenance and consulting services[198]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported revenue of RMB 98,580 thousand, a significant decrease of 77.7% compared to RMB 440,550 thousand in 2023[2]. - The cost of sales for the same period was RMB 99,036 thousand, resulting in a gross loss of RMB 456 thousand, compared to a gross profit of RMB 83,827 thousand in the previous year[4]. - The net loss for the year was RMB 77,527 thousand, contrasting with a net profit of RMB 25,493 thousand in 2023, indicating a substantial decline in profitability[4]. - Adjusted net loss, excluding certain expenses, was RMB 64,002 thousand, compared to an adjusted net profit of RMB 36,014 thousand in the prior year[2]. - Total revenue for 2024 is RMB 98,580,000, down from RMB 440,550,000 in 2023, indicating a significant decline in overall performance[40]. - The group recorded a total loss of RMB 77,527,000 and a net cash outflow from operating activities of RMB 27,007,000 as of December 31, 2024[14]. - The company reported a pre-tax loss of RMB 70,426 thousand for 2024, compared to a profit of RMB 34,456 thousand in 2023[56]. - The basic loss per share attributable to ordinary equity holders was RMB (360.00) for 2024, compared to a profit of RMB 116.00 in 2023[61]. - The company reported a net asset value of RMB 223,268 thousand at the end of 2024, down from RMB 279,831 thousand in 2023[61]. - The company’s revenue for the year ended December 31, 2024, decreased by approximately 77.6% to RMB 98.6 million from RMB 440.6 million in 2023[86]. Assets and Liabilities - Total assets minus current liabilities decreased to RMB 205,662 thousand from RMB 269,304 thousand in 2023, reflecting a decline in financial health[8]. - The company's cash and cash equivalents dropped to RMB 4,082 thousand from RMB 27,540 thousand, indicating liquidity challenges[6]. - Trade receivables decreased to RMB 223,268 thousand from RMB 279,831 thousand, suggesting a reduction in sales or collection issues[6]. - The total equity attributable to the owners of the parent company decreased to RMB 205,437 thousand from RMB 268,377 thousand, indicating a decline in shareholder value[8]. - The group has unutilized bank credit facilities amounting to RMB 7,000,000 to partially meet its debt obligations and capital expenditure requirements[14]. - The group has not recognized any deferred tax assets related to unutilized tax losses as of December 31, 2024, and December 31, 2023[38]. - The total deferred tax liabilities as of December 31, 2024, amount to RMB 70,000, down from RMB 151,000 in 2023, reflecting a reduction in tax obligations[75]. - The deferred tax assets for 2024 are recorded at RMB 56,000, a decrease from RMB 7,238,000 in 2023, indicating a decline in potential tax benefits[76]. Revenue Breakdown - Revenue from external customers in mainland China for 2024 is RMB 98,580,000, a decrease of 77.25% from RMB 433,814,000 in 2023[40]. - Revenue from IoT application data transmission and processing services was RMB 73,207,000 in 2024, down 80.7% from RMB 380,316,000 in 2023[43]. - Non-5G business revenue fell approximately 81.7% to RMB 64.2 million in 2024 from RMB 350.7 million in 2023[87]. - The 5G business revenue decreased from RMB 89.9 million in 2023 to approximately RMB 34.3 million in 2024[87]. - The revenue from data transmission and processing services decreased approximately 80.8% from about RMB 380.3 million in 2023 to about RMB 73.2 million in 2024[95]. - Sales revenue from communication equipment dropped approximately 56.4% from about RMB 58.2 million in 2023 to about RMB 25.4 million in 2024[99]. Operational Insights - The company continues to focus on providing Internet of Things (IoT) application data transmission and processing services, as well as communication equipment[9]. - The group operates as a single reportable operating segment, focusing on overall operational performance for resource allocation and evaluation[39]. - The company has 100% ownership in several subsidiaries, including Howkingtech (BVI) Limited and Parka Aragon Holding Limited, both focused on investment holding[11]. - The company has been rapidly developing its IoT services since 2012 and has established itself as a notable supplier in the growing 5G private network market in China[84]. - The company plans to diversify its 5G private network customer types, targeting advanced manufacturing, transportation, environmental protection, and energy sectors[89]. - The company aims to enhance its industry data platform using artificial intelligence and big data to support various applications[90]. Credit Risk and Impairment - The expected credit loss for trade receivables, notes receivable, and contract assets is calculated using a provisioning matrix based on industry-specific expected credit loss rates[34]. - The group has updated the expected credit loss amounts to reflect changes in credit risk since initial recognition, with significant estimates being influenced by economic conditions[36]. - The impairment loss on trade receivables increased to RMB 70,815 thousand in 2024 from RMB 42,785 thousand in 2023[62]. - The expected credit loss on trade receivables was RMB 70,815 thousand, reflecting a significant increase in credit risk[63]. - The company’s expected credit loss for financial assets increased by approximately 194.2%, from RMB 10.0 million in 2023 to RMB 29.4 million in 2024, primarily due to a slowdown in the recovery of overdue trade receivables[114]. Corporate Governance - The company aims to maintain high standards of corporate governance and internal control measures[137]. - The chairman and CEO roles are currently held by the same individual, which the board believes ensures unified leadership[138]. - The audit committee, consisting of three independent non-executive directors, has reviewed the audited consolidated financial statements for the year ending December 31, 2024[139]. - The company has adopted the standard code of conduct for securities trading applicable to all directors and relevant employees[136]. Future Outlook - The group believes it will have sufficient operating funds to meet its financial obligations in the foreseeable future[15]. - The company is considering the application of HKFRS 19 in specific financial statements of its subsidiaries[27]. - The company will strengthen risk management and improve cash flow recovery efforts in a challenging economic environment[90].