[Company Information](index=1&type=section&id=Company%20Information) [Company Overview](index=1&type=section&id=Company%20Overview) Plus Group Holdings Inc. (Stock Code: 2486) released its unaudited interim results for the six months ended June 30, 2025, on August 29, 2025 - Company Name: **Plus Group Holdings Inc.**[2](index=2&type=chunk) - Stock Code: **2486**[2](index=2&type=chunk) - Reporting Period: Six months ended **June 30, 2025**[3](index=3&type=chunk) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) [Key Financial Performance](index=1&type=section&id=Key%20Financial%20Performance) During the reporting period, the company's revenue significantly increased by 376.1% to RMB 1.631 billion, gross profit grew by 68.0% to RMB 82.085 million, achieving a turnaround with a profit of RMB 7.984 million for the period | Indicator | 2025 (RMB thousands) | 2024 (RMB thousands) | Period-over-Period Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 1,631,270 | 342,597 | 376.1% | | Gross Profit | 82,085 | 48,856 | 68.0% | | Profit (Loss) for the Period | 7,984 | (3,767) | 311.9% | | Profit (Loss) and Total Comprehensive Income (Expense) Attributable to Owners of the Company | 6,317 | (3,493) | 280.8% | [Selected Financial Ratios](index=2&type=section&id=Selected%20Financial%20Ratios) As of June 30, 2025, the company's revenue growth rate reached 376.1%, with a current ratio maintained at 2.5 times, indicating strong growth momentum and stable short-term solvency | Indicator | As of June 30, 2025 | As of December 31, 2024 | | :--- | :--- | :--- | | Revenue Growth | 376.1% | 44.1% | | Current Ratio (times) | 2.5 | 2.5 | | Total Equity (RMB thousands) | 490,716 | 479,665 | | Cash and Cash Equivalents (RMB thousands) | 149,180 | 159,647 | | Bank Borrowings (RMB thousands) | 77,948 | 64,148 | [Operating Metrics](index=3&type=section&id=Operating%20Metrics) During the reporting period, the number of paying customers significantly increased by 358.6% to 1,064, and average monthly active touchpoints doubled by 106.5% to 64,000, reflecting rapid business expansion and improved market penetration | Operating Metric | Six months ended June 30, 2025 | Six months ended June 30, 2024 | Period-over-Period Change (%) | | :--- | :--- | :--- | :--- | | Number of Paying Customers | 1,064 | 232 | 358.6% | | Total Cumulative Points of Sale | 4,452,000 | 4,430,000 | 0.5% | | Total Cumulative Touchpoints | 734,000 | 553,000 | 32.7% | | Average Monthly Active Touchpoints | 64,000 | 31,000 | 106.5% | [Management Discussion and Analysis](index=4&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=4&type=section&id=Business%20Review) Amid global economic downturn and high inflation, the Group achieved counter-cyclical growth, with total revenue increasing by 376.1% to RMB 1.631 billion, driven by AI technology R&D and market share expansion strategies, with significant growth across all core business segments, particularly a more than 20-fold increase in task and marketer matching services - Global economic recovery slowed, and the consumer market continued to downgrade, but AI technology and new energy industries injected new growth momentum[7](index=7&type=chunk) - The Group strengthened its core competitiveness through continuous R&D and deep application in AI, and firmly executed its strategy to capture market share[7](index=7&type=chunk) - Total revenue for the reporting period was approximately **RMB 1.631 billion**, representing a year-on-year increase of approximately **376.1%**[7](index=7&type=chunk) [Customized Marketing Solutions](index=4&type=section&id=Customized%20Marketing%20Solutions) By closely collaborating with retail channel partners and deepening O2O instant retail, combined with AI empowerment, the company consolidated market share and opened new channels - Consolidated market share and opened new channels through close cooperation with retail channel partners, deep cultivation in O2O instant retail, and AI intelligent empowerment[8](index=8&type=chunk) Customized Marketing Solutions Revenue | Business Segment | 2025 Revenue (RMB thousands) | Year-on-Year Growth (%) | | :--- | :--- | :--- | | Customized Marketing Solutions | 371,700 | 40.4% | [Task and Marketer Matching Services](index=5&type=section&id=Task%20and%20Marketer%20Matching%20Services) Leveraging AI R&D and application penetration, the company built business barriers, with rapid expansion of application businesses based on AI intelligent matching mechanisms - Rapid expansion of application businesses based on AI intelligent matching mechanisms, building business barriers through AI R&D and application penetration[9](index=9&type=chunk) Task and Marketer Matching Services Revenue | Business Segment | 2025 Revenue (RMB thousands) | Year-on-Year Growth (%) | | :--- | :--- | :--- | | Task and Marketer Matching Services | 1,220,400 | 2,067.7% | [SaaS+ Subscription and Other Services](index=5&type=section&id=SaaS%2B%E8%A8%82%E9%96%B1%E5%8F%8A%E5%85%B6%E4%BB%96%E6%9C%8D%E5%8B%99) With increasingly sophisticated digital, systematic, and intelligent platforms and services, the company provides more flexible and diversified comprehensive services, injecting new growth momentum - Provided more flexible and diversified comprehensive services, injecting new growth momentum as digital, systematic, and intelligent platforms and services matured[10](index=10&type=chunk) SaaS+ Subscription and Other Services Revenue | Business Segment | 2025 Revenue (RMB thousands) | Year-on-Year Growth (%) | | :--- | :--- | :--- | | SaaS+ Subscription and Other Services | 27,600 | 187.5% | [Marketer Secondment Services](index=5&type=section&id=Marketer%20Secondment%20Services) Affected by the overall offline retail market environment, brand client investment decreased, leading to a continuous decline in revenue for this business segment - Revenue for this business segment continuously declined due to reduced brand client investment, influenced by the overall offline retail market environment[11](index=11&type=chunk) Marketer Secondment Services Revenue | Business Segment | 2025 Revenue (RMB thousands) | Year-on-Year Decrease (%) | | :--- | :--- | :--- | | Marketer Secondment Services | 11,500 | 4.2% | [Business Outlook](index=6&type=section&id=Business%20Outlook) The company will continue to focus on its core AI intelligent matching advantages, expand into new channels and markets, deepen cooperation with channel partners, leverage capital advantages to explore overseas markets, enhance O2O instant retail development, and continuously increase investment in AI technology R&D to achieve long-term sustainable growth - Fully maintained the core advantage of **AI intelligent matching**, expanding into new channels, areas, and markets to capture more market share in matching services[12](index=12&type=chunk) - Maintained close cooperation with major channel partners, improved digital joint operation mechanisms, achieved data sharing and collaborative growth, and understood market dynamics through intelligent data models and AI analysis[12](index=12&type=chunk) - Leveraged capital advantages to focus on overseas market expansion, laid out cross-border trade, and built an integrated service system encompassing import/export, supply chain, marketing promotion, channel distribution, and omni-channel retail[12](index=12&type=chunk) - Deepened O2O instant retail development, explored innovative integration with terminal retail scenarios, and realized data asset monetization through precise marketing and intelligent distribution[12](index=12&type=chunk) - Continuously increased investment in **AI technology R&D**, deepened intelligent innovation and application iteration, and empowered full-chain business upgrades through AI-driven data insights[12](index=12&type=chunk) [Revenue Analysis](index=7&type=section&id=Revenue%20Analysis) The Group's total revenue achieved strong growth during the reporting period, reaching RMB 1.631 billion, a year-on-year increase of 376.1%, with task and marketer matching services contributing the most with over 20-fold growth, and SaaS+ subscription and other services also seeing nearly double growth - The Group's total revenue for the six months ended June 30, 2025, reached approximately **RMB 1.631 billion**, an increase of approximately **376.1%** compared to the same period in 2024[13](index=13&type=chunk) Revenue by Business Segment | Business Segment | 2025 Revenue (RMB thousands) | 2024 Revenue (RMB thousands) | Year-on-Year Growth (%) | | :--- | :--- | :--- | :--- | | Customized Marketing Solutions | 371,744 | 264,776 | 40.4% | | Task and Marketer Matching Services | 1,220,423 | 56,296 | 2,067.7% | | Marketer Secondment Services | 11,492 | 11,960 | -4.2% | | SaaS+ Subscription and Other Services | 27,611 | 9,565 | 187.5% | | **Total** | **1,631,270** | **342,597** | **376.1%** | [Customized Marketing Solutions Revenue](index=7&type=section&id=Customized%20Marketing%20Solutions%20Revenue) - Revenue was approximately **RMB 371.7 million**, a year-on-year increase of **40.4%**, primarily due to cultivation in O2O instant retail and deep cooperation with retail channel partners[14](index=14&type=chunk) [Task and Marketer Matching Services Revenue](index=8&type=section&id=Task%20and%20Marketer%20Matching%20Services%20Revenue) - Revenue was approximately **RMB 1.220 billion**, a year-on-year increase of **2,067.7%**, primarily due to the launch of a new matching business platform, with approximately **940** contracted service customers and an average customer transaction value of approximately **RMB 1.3 million**[15](index=15&type=chunk) [Marketer Secondment Services Revenue](index=8&type=section&id=Marketer%20Secondment%20Services%20Revenue) - Revenue was approximately **RMB 11.5 million**, a year-on-year decrease of **4.2%**, primarily due to the Group continuously reducing the number of seconded personnel, affected by market conditions[15](index=15&type=chunk) [SaaS+ Subscription and Other Services Revenue](index=8&type=section&id=SaaS%2B%E8%A8%82%E9%96%B1%E5%8F%8A%E5%85%B6%E4%BB%96%E6%9C%8D%E5%8B%99%E6%94%B6%E5%85%A5) - Revenue was approximately **RMB 27.6 million**, a year-on-year increase of **187.5%**, primarily due to the increasing maturity of systematic and intelligent platforms, enhanced application service capabilities, and expanded service flexibility and applicability[16](index=16&type=chunk) [Cost, Gross Profit and Gross Margin Analysis](index=8&type=section&id=Cost,%20Gross%20Profit%20and%20Gross%20Margin%20Analysis) During the reporting period, total costs significantly increased by 427.5% to RMB 1.549 billion, and gross profit grew by 67.9% to RMB 82.1 million; however, the gross margin decreased from 14.3% to 5.0% due to the company's strategy of capturing market share through low pricing - Total costs were approximately **RMB 1.549 billion**, an increase of approximately **RMB 1.255 billion** or **427.5%** compared to the same period in 2024[17](index=17&type=chunk) - The increase in costs outpaced revenue growth, primarily due to prioritizing market share capture and ensuring service quality during rapid expansion, with a corresponding reduction in profit expectations[18](index=18&type=chunk) Gross Profit and Gross Margin | Indicator | 2025 (RMB thousands) | 2024 (RMB thousands) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Gross Profit | 82,100 | 48,900 | 67.9% | | Gross Margin | 5.0% | 14.3% | -9.3% | - The decline in gross margin was primarily due to the task and marketer matching services business rapidly capturing market share through a low-price model, leading to a significant decrease in gross profit levels[19](index=19&type=chunk) [Expense Analysis](index=9&type=section&id=Expense%20Analysis) Administrative expenses remained largely flat, while sales and marketing expenses significantly increased by 160.0% due to the growth in task and marketer matching services; R&D expenses decreased by 58.0% as AI applications enhanced in-house operational capabilities Expense Breakdown | Expense Type | 2025 (RMB thousands) | 2024 (RMB thousands) | Year-on-Year Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | Administrative Expenses | 44,800 | 43,200 | 3.7% | Growth in task and marketer matching services, overall change not significant | | Sales and Marketing Expenses | 27,300 | 10,500 | 160.0% | Growth in task and marketer matching services | | Research and Development Expenses | 5,500 | 13,100 | -58.0% | Enhanced in-house operational capabilities by integrating AI applications | [Other Income and Expense Items](index=10&type=section&id=Other%20Income%20and%20Expense%20Items) Other income doubled due to increased government subsidies, while other (losses) net income turned from profit to loss, primarily affected by reduced social security refunds and decreased exchange gains; impairment losses on financial assets decreased, net finance income turned into cost, and income tax expense significantly rose due to increased core business profits Other Income and Other (Losses) Net Income | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | Year-on-Year Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | Other Income | 11,000 | 5,500 | 100.0% | Increased government policy subsidies received | | Other (Losses) Net Income | (500) | 10,300 | -104.9% | Significant reduction in government social security payments to alleviate COVID-19 impact, and decrease in HKD exchange gains | | Net Impairment Losses on Trade Receivables, Contract Assets and Other Receivables | (2,400) | (2,900) | -17.2% | Strengthened credit management, improved quality of trade receivables and contract assets | | Net Finance (Costs) Income | (900) | 500 | -280.0% | Central bank interest rate cuts led to lower asset yields | | Income Tax (Expense) Credit | (3,700) | 900 | 311.1% | Increased profits in core business segments, leading to higher taxable income | - Profit attributable to equity holders of the Company turned from a loss of approximately **RMB 3.5 million** in the same period of 2024 to a profit of approximately **RMB 6.3 million**, an increase of **280.0%**[28](index=28&type=chunk) [Financial Position and Liquidity](index=11&type=section&id=Financial%20Position%20and%20Liquidity) Cash and cash equivalents slightly decreased, primarily due to increased sales revenue not yet collected; the company has no significant asset pledges or contingent liabilities, possesses ample liquidity, and primarily meets funding needs through operating cash flow, bank borrowings, and IPO proceeds - Cash and cash equivalents decreased by **6.5%** from approximately **RMB 159.6 million** as of December 31, 2024, to approximately **RMB 149.2 million** as of June 30, 2025, primarily due to increased sales revenue not yet collected in a timely manner[29](index=29&type=chunk) - Capital expenditure remained largely flat at approximately **RMB 0.1 million** in both reporting periods[30](index=30&type=chunk) - As of June 30, 2025, the Company had no significant acquisitions or disposals of subsidiaries, associates, and joint ventures, nor any significant asset pledges or material contingent liabilities[31](index=31&type=chunk)[33](index=33&type=chunk)[36](index=36&type=chunk) - The Group primarily funds its operations with cash generated from operations, borrowings, and net proceeds from its listing, possessing ample liquidity to meet daily management and capital expenditure requirements[34](index=34&type=chunk) - As of June 30, 2025, outstanding borrowings were approximately **RMB 77.9 million**, all due within one year, with unutilized bank credit totaling **RMB 37.0 million**[34](index=34&type=chunk) - The Group's principal operations are in mainland China, with major revenues and costs settled in RMB; some monetary assets are denominated in HKD, exposing the Group to exchange rate fluctuation risks, but currently there are no foreign exchange hedging plans[35](index=35&type=chunk) [Employees and Remuneration Policy](index=12&type=section&id=Employees%20and%20Remuneration%20Policy) As of June 30, 2025, the Group employed 6,801 staff, a decrease from the end of 2024; the company's remuneration policy references market levels and employee performance, and includes restricted share unit and share award schemes to attract and incentivize talent, while also adopting an employee diversity policy - As of June 30, 2025, the Group employed **6,801 staff** (December 31, 2024: 7,342 staff)[37](index=37&type=chunk) - Remuneration policy references market compensation, employee performance, qualifications, and experience, and provides discretionary year-end bonuses[37](index=37&type=chunk) - Restricted Share Unit Scheme (January 13, 2022) and Share Award Scheme (June 26, 2023) have been adopted to improve incentive mechanisms, attract, and retain talent[37](index=37&type=chunk) - An employee diversity policy was adopted in July 2025, aiming to fulfill social responsibility and promote equality and inclusion[37](index=37&type=chunk) [Interim Condensed Consolidated Financial Statements](index=13&type=section&id=Interim%20Condensed%20Consolidated%20Financial%20Statements) [Interim Condensed Consolidated Statement of Comprehensive Income](index=13&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) For the six months ended June 30, 2025, the Group achieved revenue of RMB 1.631 billion, gross profit of RMB 82.085 million, and a profit for the period of RMB 7.984 million, successfully turning losses into profit, with basic earnings per share of RMB 0.06 Interim Condensed Consolidated Statement of Comprehensive Income | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Revenue | 1,631,270 | 342,597 | | Cost of Services | (1,549,185) | (293,741) | | Gross Profit | 82,085 | 48,856 | | Operating Profit (Loss) | 12,649 | (5,043) | | Profit (Loss) for the Period | 7,984 | (3,767) | | Profit (Loss) and Total Comprehensive Income (Expense) Attributable to Owners of the Company | 6,317 | (3,493) | | Basic Earnings (Loss) Per Share (RMB) | 0.06 | (0.03) | [Interim Condensed Consolidated Statement of Financial Position](index=14&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets were RMB 810.9 million, and total equity was RMB 490.7 million; trade receivables and contract assets accounted for a larger proportion of current assets, while current liabilities primarily included trade and other payables and borrowings Interim Condensed Consolidated Statement of Financial Position | Item | As of June 30, 2025 (RMB thousands) | As of December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | **Assets** | | | | Total Non-current Assets | 14,125 | 10,523 | | Total Current Assets | 796,784 | 790,185 | | **Total Assets** | **810,909** | **800,708** | | **Equity** | | | | Equity Attributable to Owners of the Company | 483,872 | 477,555 | | Non-controlling Interests | 6,844 | 2,110 | | **Total Equity** | **490,716** | **479,665** | | **Liabilities** | | | | Total Non-current Liabilities | 2,476 | 1,224 | | Total Current Liabilities | 317,717 | 319,819 | | **Total Liabilities** | **320,193** | **321,043** | | **Total Equity and Liabilities** | **810,909** | **800,708** | [Notes to the Interim Financial Information](index=16&type=section&id=Notes%20to%20the%20Interim%20Financial%20Information) [General Information](index=16&type=section&id=General%20Information) Plus Group Holdings Inc. was incorporated in the Cayman Islands on September 30, 2021, and listed on the Main Board of the Hong Kong Stock Exchange in May 2023; the company primarily engages in customized marketing solutions, task and marketer matching services, and other businesses in China, with Mr. Sun Guangjun as the ultimate controlling party - The Company was incorporated in the Cayman Islands on **September 30, 2021**, and listed on the Main Board of the Hong Kong Stock Exchange in **May 2023**[42](index=42&type=chunk) - Principal businesses include customized marketing solutions, task and marketer matching services, marketer secondment services, and SaaS+ subscription and other services[42](index=42&type=chunk) - The ultimate controlling party is **Mr. Sun Guangjun**[42](index=42&type=chunk) [Basis of Preparation and Accounting Policies](index=16&type=section&id=Basis%20of%20Preparation%20and%20Accounting%20Policies) The condensed consolidated financial statements are prepared in accordance with HKAS 34 and the Listing Rules, with accounting policies consistent with the 2024 annual consolidated financial statements, and new amendments applied had no significant impact on the financial position - The condensed consolidated financial statements are prepared in accordance with Hong Kong Accounting Standard 34 issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[44](index=44&type=chunk) - The accounting policies adopted are consistent with those applied in the preparation of the annual consolidated financial statements for the year ended December 31, 2024[45](index=45&type=chunk) - The application of amendments to Hong Kong Financial Reporting Standards during this interim period had no significant impact on the Group's financial position and performance[46](index=46&type=chunk) [Revenue and Segment Information](index=17&type=section&id=Revenue%20and%20Segment%20Information) The Group's Chairman is identified as the chief operating decision maker, viewing the Group's business as a single operating segment; all revenue is recognized over time during the period, and all revenue and non-current assets are located in China - The Chairman of the Company views the Group's business as a **single operating segment**[47](index=47&type=chunk) Revenue by Business Segment | Business Segment | 2025 Revenue (RMB thousands) | 2024 Revenue (RMB thousands) | | :--- | :--- | :--- | | Customized Marketing Solutions | 371,744 | 264,776 | | Task and Marketer Matching Services | 1,220,423 | 56,296 | | Marketer Secondment Services | 11,492 | 11,960 | | SaaS+ Subscription and Other Services | 27,611 | 9,565 | | **Total** | **1,631,270** | **342,597** | - All of the Group's revenue was recognized over time during the period, and all revenue and non-current assets are located in China[48](index=48&type=chunk)[49](index=49&type=chunk) [Other Income and Other (Losses) Net Income](index=17&type=section&id=Other%20Income%20and%20Other%20(Losses)%20Net%20Income) Other income, primarily from government grants, increased by 100% year-on-year; other (losses) net income turned from profit to loss, mainly due to a significant reduction in government social security payment refunds to alleviate COVID-19 impacts and a decrease in exchange gains from HKD Other Income and Other (Losses) Net Income Details | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | **Other Income** | | | | Government Grants | 10,686 | 5,355 | | Others | 352 | 100 | | **Total** | **11,038** | **5,455** | | **Other (Losses) Net Income** | | | | Net Foreign Exchange (Losses) Gains | (459) | 562 | | Refund of social insurance contributions to customers | — | 9,466 | | Gains on redemption of other financial assets measured at amortized cost | — | 302 | | Others | (15) | (29) | | **Total** | **(474)** | **10,301** | - Government grants primarily included employment subsidy programs and company registration subsidies, with no unfulfilled conditions or other contingencies attached[52](index=52&type=chunk) - The social security refund in 2024 was **RMB 48,015,000**, as management believed the statute of limitations and legal liability for refund had expired[52](index=52&type=chunk) [Expenses by Nature](index=18&type=section&id=Expenses%20by%20Nature) The Group's total expenses significantly increased, primarily driven by substantial growth in labor costs and online platform promotion expenses; employee benefit expenses decreased, while travel and transportation expenses, other taxes, and levies all increased Expenses by Nature | Expense Type | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Employee Benefit Expenses (including directors' emoluments) | 124,670 | 197,795 | | Labor Costs | 1,309,147 | 120,312 | | Research and Development and Technical Service Expenses | 5,542 | 9,753 | | Office Expenses | 8,519 | 8,099 | | Activity Consumables | 3,197 | 5,091 | | Online Platform Promotion Expenses | 137,879 | — | | Travel and Transportation Expenses | 27,464 | 14,091 | | Other Taxes and Levies | 7,224 | 2,332 | | Amortization and Depreciation | 1,729 | 1,026 | | Auditor's Remuneration | 525 | 525 | | Other Expenses | 906 | 1,466 | | **Total** | **1,626,802** | **360,490** | [Net Finance Income (Costs)](index=19&type=section&id=Net%20Finance%20Income%20(Costs)) Net finance income turned from income in the same period of 2024 to costs in 2025, primarily due to decreased bank interest income and increased interest expenses on bank borrowings, trade receivables factoring, lease liabilities, and interest payable to a non-controlling shareholder Net Finance Income (Costs) | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | **Finance Income** | | | | Bank interest income | 1,351 | 1,799 | | **Finance Costs** | | | | Interest expense on bank borrowings | (1,131) | (1,024) | | Interest on factoring of trade receivables | (306) | (209) | | Interest expense on lease liabilities | (270) | (42) | | Interest expense on amount due to a non-controlling shareholder | (534) | (73) | | **Net Finance (Costs) Income** | **(890)** | **451** | [Income Tax (Expense) Credit](index=19&type=section&id=Income%20Tax%20(Expense)%20Credit) The Group's income tax turned from a credit in the same period of 2024 to an expense in 2025, primarily due to increased profits in core business segments in China; some Chinese subsidiaries enjoy preferential tax rates as high-tech enterprises or small-profit enterprises - Companies registered in the Cayman Islands and British Virgin Islands are exempt from income tax, and no Hong Kong profits tax provision was made due to no assessable profits in Hong Kong[54](index=54&type=chunk)[55](index=55&type=chunk) - China corporate income tax is provided at a rate of **25%**, but Shanghai Ruosheng Mika Information Technology Co., Ltd. enjoys a preferential tax rate of **15%** as a high-tech enterprise[57](index=57&type=chunk) - Some Chinese subsidiaries qualify as 'small-profit enterprises' and enjoy preferential income tax rates[57](index=57&type=chunk) Income Tax (Expense) Credit | Item | 2025 (RMB thousands) | 2024 (RMB thousands) | | :--- | :--- | :--- | | Current income tax — China current tax | 6,643 | 1,898 | | Deferred tax | (2,965) | (2,753) | | **Total** | **3,678** | **(855)** | [Earnings (Loss) Per Share](index=21&type=section&id=Earnings%20(Loss)%20Per%20Share) Profit attributable to owners of the Company turned from a loss of RMB 3.493 million in the same period of 2024 to a profit of RMB 6.317 million in 2025, with basic earnings per share of RMB 0.06; diluted earnings per share were the same as basic earnings per share due to no outstanding potential ordinary shares Earnings (Loss) Per Share | Item | 2025 | 2024 | | :--- | :--- | :--- | | Profit (Loss) attributable to owners of the Company (RMB thousands) | 6,317 | (3,493) | | Weighted average number of ordinary shares in issue | 109,602,200 | 123,421,612 | | Basic earnings (loss) per share (RMB) | 0.06 | (0.03) | - Diluted earnings (loss) per share were the same as basic earnings per share for both periods, as there were no outstanding potential ordinary shares[62](index=62&type=chunk) [Dividends](index=21&type=section&id=Dividends) For the six months ended June 30, 2025, the Company neither paid nor declared any dividends - No dividends were paid or declared for the six months ended June 30, 2025[63](index=63&type=chunk) [Trade Receivables, Deposits, Other Receivables and Prepayments](index=21&type=section&id=Trade%20Receivables,%20Deposits,%20Other%20Receivables%20and%20Prepayments) Net trade receivables increased to RMB 369.2 million, with most aged within 180 days; total deposits, other receivables, and prepayments increased to RMB 113.5 million, primarily comprising deposits paid to external labor service providers and prepayments for online platform O2O instant retail marketing services Trade Receivables, Deposits, Other Receivables and Prepayments | Item | As of June 30, 2025 (RMB thousands) | As of December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | Net trade receivables | 369,208 | 329,443 | | Impairment allowance for trade receivables | (4,333) | (1,786) | | **Aging analysis of gross trade receivables** | | | | 1 to 60 days | 238,015 | 218,551 | | 61 to 120 days | 120,862 | 100,222 | | 121 to 180 days | 14,381 | 11,955 | | Over 180 days | 283 | 501 | | **Deposits, other receivables and prepayments** | | | | Deposits paid to external labor service providers | 46,085 | 42,457 | | Prepayments for online platform O2O instant retail marketing services | 19,756 | 16,221 | | Other prepayments to suppliers | 37,241 | 32,133 | | **Total current portion** | **113,472** | **103,920** | - Standard payment terms generally range from **30 to 180 days**, with trade receivables primarily aged within **180 days** after invoice issuance[65](index=65&type=chunk) - The maximum exposure to credit risk is the carrying amount of each class of receivables mentioned above[67](index=67&type=chunk) [Contract Assets](index=23&type=section&id=Contract%20Assets) Net contract assets decreased to RMB 163.0 million, with contract assets for customized marketing solutions and marketer secondment services declining, and contract assets for task and marketer matching services also slightly decreasing Contract Assets by Business Segment | Business Segment | As of June 30, 2025 (RMB thousands) | As of December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | Customized Marketing Solutions | 107,700 | 125,762 | | Task and Marketer Matching Services | 3,578 | 6,235 | | Marketer Secondment Services | 52,463 | 63,147 | | SaaS+ Subscription and Other Services | 1,404 | 4,346 | | **Contract Assets — Net** | **163,036** | **197,153** | | Impairment allowance for contract assets | (2,109) | (2,337) | - The Group's contract assets are denominated in RMB and initially recognized at the total transaction price[68](index=68&type=chunk) [Trade and Other Payables](index=23&type=section&id=Trade%20and%20Other%20Payables) Total trade and other payables increased to RMB 180.4 million; trade payables increased, while other payables (including accrued staff costs, accrued expenses, etc.) slightly decreased Trade and Other Payables | Item | As of June 30, 2025 (RMB thousands) | As of December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | Trade payables | 70,778 | 51,513 | | Other payables: | | | | — Accrued staff costs | 72,931 | 84,223 | | — Accrued expenses | 13,432 | 9,278 | | — Reimbursements and refunds payable | 267 | 3,335 | | — Other taxes payable | 22,964 | 27,780 | | **Total** | **180,372** | **176,129** | | **Aging analysis of trade payables** | | | | Up to 90 days | 70,778 | 51,513 | - Trade and other payables are denominated in RMB, and their carrying amounts approximate their fair values[70](index=70&type=chunk) [Borrowings](index=24&type=section&id=Borrowings) The Group's bank borrowings increased to RMB 77.948 million, all due within one year; the weighted average annual interest rate was 2.96%, a decrease from the end of 2024; all borrowings are corporate guaranteed by a subsidiary of the Company, with some also government guaranteed Borrowings | Item | As of June 30, 2025 (RMB thousands) | As of December 31, 2024 (RMB thousands) | | :--- | :--- | :--- | | Bank borrowings | 77,948 | 64,148 | | Weighted average annual interest rate | 2.96% | 3.37% | - All bank borrowings are due within one year and are corporate guaranteed by a subsidiary of the Company[71](index=71&type=chunk) - Part of the borrowings (**RMB 10,000,000**) are guaranteed by a government guarantor[71](index=71&type=chunk) - The Group has complied with the financial covenants of its borrowings[71](index=71&type=chunk) [Other Information](index=25&type=section&id=Other%20Information) [Purchase, Sale or Redemption of the Company's Securities](index=25&type=section&id=Purchase,%20Sale%20or%20Redemption%20of%20the%20Company's%20Securities) During the reporting period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any listed securities; the company holds 4,891,600 treasury shares and has shareholder authorization to repurchase up to 10% of the total issued shares - Directors have been granted a general mandate by shareholders to repurchase up to **10%** of the total issued shares as of the date of the relevant resolution, amounting to **11,581,020 shares**[72](index=72&type=chunk) - During the reporting period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[72](index=72&type=chunk) - As of the date of this announcement, the Company holds **4,891,600 treasury shares**[72](index=72&type=chunk) [Dividend Policy](index=25&type=section&id=Dividend%20Policy) The Board does not recommend the payment of any dividends for the six months ended June 30, 2025 - The Board does not recommend the payment of any dividends for the six months ended June 30, 2025[73](index=73&type=chunk) [Corporate Governance Code](index=25&type=section&id=Corporate%20Governance%20Code) The Company complies with all code provisions of Appendix C1 of the Listing Rules' Corporate Governance Code, except for Mr. Sun Guangjun serving as both Chairman and Chief Executive Officer, deviating from code provision C.2.1; the Board believes this arrangement ensures consistent leadership and timely decision-making, with the Board structure balancing power and authority - The Company complies with all code provisions of Appendix C1 of the Listing Rules' Corporate Governance Code, except for Mr. Sun Guangjun serving as both Chairman and Chief Executive Officer, deviating from code provision **C.2.1**[74](index=74&type=chunk) - The Board believes that Mr. Sun Guangjun's dual role as Chairman and Chief Executive Officer ensures consistent leadership and timely, effective decision-making for the Group[75](index=75&type=chunk) - The Board comprises two executive directors and three independent non-executive directors, possessing strong independent elements to ensure a balance of power and authority[75](index=75&type=chunk) [Standard Code for Securities Transactions](index=26&type=section&id=Standard%20Code%20for%20Securities%20Transactions) The Company has adopted the Standard Code for Securities Transactions by Directors of Listed Issuers in Appendix C3 of the Listing Rules, and all Directors confirmed compliance with the code during the reporting period - The Company has adopted the Standard Code for Securities Transactions by Directors of Listed Issuers in Appendix C3 of the Listing Rules[76](index=76&type=chunk) - All Directors confirmed their compliance with the requirements regarding Directors' securities transactions as set out in the Standard Code during the reporting period[76](index=76&type=chunk) [Audit Committee](index=26&type=section&id=Audit%20Committee) The Audit Committee, composed of three independent non-executive directors, has reviewed the interim results; auditors issued qualified opinions on transactions related to two private offshore fund investments in the 2023 and 2024 consolidated financial statements due to scope limitations; the Group has taken steps to improve investment policies and communication mechanisms and initiated legal action against the fund - The Audit Committee comprises three independent non-executive directors, with Mr. Liu Wende serving as Chairman[77](index=77&type=chunk) - The interim results for the six months ended June 30, 2025, are unaudited but have been reviewed by the Audit Committee and by Rongcheng (Hong Kong) CPA Limited, the independent auditor[78](index=78&type=chunk) - The auditors issued qualified opinions on transactions related to two private offshore fund investments in the 2023 and 2024 consolidated financial statements due to insufficient appropriate audit evidence[79](index=79&type=chunk)[80](index=80&type=chunk) - The Group has revised its investment policy, established an investment committee, and initiated legal action to demand the return of outstanding guaranteed amounts from these funds[81](index=81&type=chunk) [Use of Proceeds from Listing](index=29&type=section&id=Use%20of%20Proceeds%20from%20Listing) The Company listed in May 2023, with net proceeds of approximately HKD 206.7 million; as of June 30, 2025, HKD 148.2 million has been utilized, primarily for enhancing sales and marketing capabilities, repaying bank borrowings, and working capital; funds for strengthening core technological capabilities and basic R&D will be gradually used until December 31, 2027 - Total net proceeds from the listing were approximately **HKD 206.7 million**[82](index=82&type=chunk) Use of Proceeds from Listing | Use of Proceeds | Revised Net Proceeds (HKD millions) | Actual Net Amount Used as of June 30, 2025 (HKD millions) | Unused Net Amount as of June 30, 2025 (HKD millions) | Expected Timeline | | :--- | :--- | :--- | :--- | :--- | | Strengthening the Company's core technological capabilities and basic R&D | 66.1 | 13.5 | 52.6 | Gradually utilized until December 31, 2027 | | Enhancing the Company's sales and marketing capabilities | 66.1 | 60.2 | 5.9 | Gradually utilized until December 31, 2027 | | Repaying the Company's bank borrowings | 15.5 | 15.5 | — | Fully utilized as of June 30, 2023 | | Working capital | 59.0 | 59.0 | — | Fully utilized as of June 30, 2025 | | **Total** | **206.7** | **148.2** | **58.5** | | [Significant Events After Reporting Period](index=30&type=section&id=Significant%20Events%20After%20Reporting%20Period) The Group had no significant subsequent events after June 30, 2025, and up to the date of this announcement - The Group had no significant subsequent events after June 30, 2025, and up to the date of this announcement[83](index=83&type=chunk) [Publication of Interim Results and 2025 Interim Report](index=30&type=section&id=Publication%20of%20Interim%20Results%20and%202025%20Interim%20Report) The interim results announcement has been published on the HKEX website and the Company's website, and the 2025 interim report containing all information required by the Listing Rules will be dispatched to shareholders and published on the websites in due course - The interim results announcement has been published on the HKEX website (www.hkexnews.hk) and the Company's website (www.plscn.com)[84](index=84&type=chunk) - The Company's interim report for the six months ended June 30, 2025, containing all information required by the Listing Rules, will be dispatched to shareholders and published on the aforementioned websites in due course[84](index=84&type=chunk) [Definitions](index=30&type=section&id=Definitions) [Definition of Terms](index=30&type=section&id=Definition%20of%20Terms) This section provides definitions for key terms and abbreviations used in the report, including company names, regulatory bodies, financial reporting standards, business models, and geographical areas, to ensure clear understanding of the report content - “The Company” refers to **Plus Group Holdings Inc.**, an exempted company incorporated in the Cayman Islands on **September 30, 2021**, whose shares are listed on the Main Board of the Stock Exchange (Stock Code: **2486**)[85](index=85&type=chunk) - “The Group” refers to the Company and its subsidiaries[85](index=85&type=chunk) - “Reporting Period” refers to the six months ended **June 30, 2025**[86](index=86&type=chunk) - “SaaS” refers to **Software as a Service**, a cloud-based software licensing and delivery model[86](index=86&type=chunk)

[Supplemental Announcement Overview](index=1&type=section&id=Supplemental%20Announcement%20to%20the%202024%20Annual%20Report) This announcement provides supplementary information to the 2024 Annual Report regarding the use of listing proceeds and the share award scheme [Purpose of the Announcement](index=1&type=section&id=Purpose%20of%20the%20Announcement) This announcement supplements the 2024 Annual Report with additional details on the use of listing proceeds and the share award scheme to meet disclosure requirements - This announcement is a supplement to the 2024 Annual Report, primarily providing additional information on **"Use of Proceeds from Listing"** and **"Share Award Scheme"**[3](index=3&type=chunk) [Use of Proceeds from Listing](index=1&type=section&id=Use%20of%20Proceeds%20from%20Listing) The Group adjusted the allocation of net proceeds, reallocating funds from strategic investments to sales, marketing, and working capital to support joint venture expansion [Net Proceeds Utilization](index=2&type=section&id=(i)%20Amount%20of%20Proceeds%20Carried%20Forward%20as%20of%20January%201,%202024) As of December 31, 2024, HK$88.1 million of the HK$206.7 million net proceeds has been used, with HK$62.0 million for strategic investments reallocated Net Proceeds Utilization (As of December 31, 2024) | Use of Proceeds | Original Total (HK$ Million) | Actual Net Amount Used as of Dec 31, 2024 (HK$ Million) | Unused Net Amount as of Dec 31, 2024 (HK$ Million) | Revised Item Percentage (%) | Revised Item Net Amount (HK$ Million) | | :--- | :--- | :--- | :--- | :--- | :--- | | Enhancing Core Technological Capabilities and Basic R&D | 66.1 | 7.0 | 59.1 | 32.0% | 66.1 | | Seeking Strategic Investments, Acquisitions, and Collaborations | 62.0 | — | — | — | — | | Enhancing Sales and Marketing Capabilities | 42.4 | 24.9 | 41.2 | 32.0% | 66.1 | | Repaying Bank Loans | 15.5 | 15.5 | — | 7.5% | 15.5 | | Working Capital | 20.7 | 40.7 | 18.3 | 28.5% | 59.0 | | **Total** | **206.7** | **88.1** | **118.6** | **100.0%** | **206.7** | - Total net proceeds from listing amounted to approximately **HK$206.7 million**, with **HK$88.1 million** utilized and **HK$118.6 million** remaining as of December 31, 2024[4](index=4&type=chunk)[5](index=5&type=chunk) - **HK$62.0 million** under "seeking strategic investments, acquisitions, and collaborations" has been fully reallocated, resulting in zero actual usage for this item[5](index=5&type=chunk) [Reasons for Changes and Delays in Use of Proceeds and Benefits](index=3&type=section&id=(ii)%20Reasons%20for%20Changes%20and%20Delays%20in%20Use%20of%20Net%20Proceeds%20and%20Benefits) The Board reallocated funds from strategic investments to sales, marketing, and working capital to support joint venture expansion, enhancing flexibility and reducing risk - The Board has decided to change the use of the unutilized portion of net proceeds from listing to adapt to business development and customer needs[6](index=6&type=chunk) - The changes aim to utilize financial resources more effectively, maintain a lower gearing ratio, and incur less interest expense, aligning with the overall interests of the Group and shareholders[7](index=7&type=chunk) - The delay in the utilization schedule of net proceeds is primarily due to business development adjustments and the strategy of forming joint ventures instead of acquisitions[7](index=7&type=chunk) [Changes in Enhancing Core Technological Capabilities and Basic R&D](index=3&type=section&id=(a)%20Changes%20to%20'Enhancing%20the%20Group's%20Core%20Technological%20Capabilities%20and%20Basic%20R%26D') Expanded the scope of **HK$60.5 million** unutilized funds for R&D to allow flexible adjustments, maintaining total investment - Expanded the scope of **HK$60.5 million** unutilized funds under "enhancing core technological capabilities and basic R&D" to allow for more flexible adjustments to technical capabilities and R&D plans[6](index=6&type=chunk) - The total amount and intensity of investment for this item will remain unchanged[6](index=6&type=chunk) [Changes in Seeking Strategic Investments, Acquisitions, and Collaborations](index=3&type=section&id=(b)%20Changes%20to%20'Seeking%20Strategic%20Investments,%20Acquisitions,%20and%20Collaborations') Reallocated **HK$62.0 million** from strategic investments to sales, marketing, and working capital, shifting to joint ventures for market expansion - Reallocated **HK$62.0 million** originally for "seeking strategic investments, acquisitions, and collaborations" to "enhancing sales and marketing capabilities" and "working capital"[6](index=6&type=chunk) - The Group's strategy has shifted to forming joint ventures with business partners to expand into new markets and business areas, rather than pursuing acquisitions[6](index=6&type=chunk) - Forming joint ventures requires less initial investment capital and allows for sharing operational risks with business partners, considered a more prudent approach than acquisitions[6](index=6&type=chunk) [Changes in Enhancing Sales and Marketing Capabilities](index=4&type=section&id=(c)%20Changes%20to%20'Enhancing%20the%20Group's%20Sales%20and%20Marketing%20Capabilities') An additional **HK$23.7 million** was allocated to sales and marketing to support new joint ventures' efforts - An additional **HK$23.7 million** was allocated to "enhancing sales and marketing capabilities" to support sales and marketing efforts after the establishment of joint ventures[7](index=7&type=chunk) [Changes in Working Capital](index=4&type=section&id=(d)%20Changes%20to%20'Working%20Capital') An additional **HK$38.3 million** was allocated to working capital for new joint ventures and to enhance financial flexibility - An additional **HK$38.3 million** was allocated to "working capital", primarily for the working capital of newly established joint ventures[7](index=7&type=chunk) - Aims to enhance the Group's financial resource utilization flexibility and provide more buffer to cope with future economic uncertainties[7](index=7&type=chunk) [Share Award Scheme](index=4&type=section&id=Share%20Award%20Scheme) The Share Award Scheme, funded by existing shares, outlines the vesting conditions, purchase price determination, and remaining term for awarded shares [Scheme Overview and Disclosure Requirements](index=4&type=section&id=Scheme%20Overview%20and%20Disclosure%20Requirements) The Share Award Scheme, funded by existing shares, adheres to Listing Rule 17.01(1)(b) and requires specific disclosures - The Share Award Scheme is established under Listing Rule 17.01(1)(b) and funded solely by existing shares[9](index=9&type=chunk) - This announcement provides additional information on the scheme to comply with disclosure requirements under Listing Rules 17.09(6) to 17.09(9)[9](index=9&type=chunk) [Vesting Period for Awarded Shares](index=5&type=section&id=(i)%20Vesting%20Period%20for%20Awards%20Granted%20Under%20the%20Share%20Award%20Scheme) The Board grants awards to eligible participants with vesting dates and conditions specified in the award letter - The Board may grant awards to eligible participants at any time, with vesting dates and conditions specified in the award letter[10](index=10&type=chunk) - Grantees must accept awards within the timeframe specified in the award letter, otherwise the awards will be forfeited[10](index=10&type=chunk) [Basis for Determining Purchase Price of Awarded Shares and Payment](index=5&type=section&id=(ii)%20Basis%20for%20Determining%20Purchase%20Price%20of%20Awarded%20Shares,%20and%20Payment%20Period%20for%20Acceptance%20Amount) The trustee purchases awarded shares at market price; participants pay the full consideration using personal funds before vesting - The trustee will purchase awarded shares in the secondary market at market trading prices[10](index=10&type=chunk) - Eligible participants must use personal legal funds to pay the award consideration (if any), and the company will not provide any form of financial assistance[11](index=11&type=chunk) - Participants must pay the full purchase price (if any) via wire transfer before the vesting conditions are met[11](index=11&type=chunk) [Remaining Term of the Scheme](index=6&type=section&id=(iii)%20Remaining%20Term%20of%20the%20Share%20Award%20Scheme%20as%20of%20December%2031,%202024) As of December 31, 2024, the Share Award Scheme has a remaining term of **8.5 years** - As of December 31, 2024, the remaining term of the Share Award Scheme is **8.5 years**[12](index=12&type=chunk)

Core Viewpoint - The company, Puluoshi Group Holdings (02486.HK), has announced a board meeting scheduled for August 29, 2025, to consider and approve its interim results for the six months ending June 30, 2025, and to discuss potential dividend payments [1] Group 1 - The board meeting will take place on August 29, 2025 [1] - The meeting will focus on the approval of the interim results for the six months ending June 30, 2025 [1] - The company will also consider the proposal for dividend payments, if any [1]

普樂師集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司 將於2025年8月29日（星期五）舉行董事會會議（「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2025年6月30日止六個月的中期業績及其刊發， 以及考慮建議派付股息（如有）。 承董事會命 普樂師集團控股有限公司 主席、執行董事兼行政總裁 Plus Group Holdings Inc. 普樂師集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2486） 董事會會議日期 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，並明確表示概不對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。 孫廣軍先生 香港，2025年8月19日 於本公告日期，董事會包括主席、執行董事兼行政總裁孫廣軍先生及執行董事楊洪 先生、以及獨立非執行董事劉文德先生、林豐女士及顏永豪先生。 ...

Group 1 - The company expects to record a net profit of no less than RMB 5 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 3.8 million for the six months ending June 30, 2024 [1] - The board attributes the increase in net profit to a rise in gross profit, primarily driven by the revenue from the task and marketing personnel matching service segment [1] - The company leverages its extensive expertise in AI self-research capabilities to continuously enhance and iterate its core competencies in AI matching, while expanding into more AI application scenarios across broader service areas, resulting in significant revenue growth in the task and marketing personnel matching service segment during the reporting period [1]

Core Viewpoint - The company expects to record a net profit of no less than RMB 5 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 3.8 million for the six months ending June 30, 2024, indicating a significant turnaround in financial performance [1] Financial Performance - The increase in net profit is primarily attributed to a rise in gross profit, which is driven by the revenue growth in the task and marketing personnel matching service segment [1] - The company has leveraged its extensive expertise in AI self-research capabilities to continuously enhance and iterate its core competencies in AI matching [1] Business Development - The company has expanded its service offerings by developing more AI application scenarios that cover a broader range of service areas, leading to significant revenue growth in the task and marketing personnel matching service business during the reporting period [1]

Core Viewpoint - The company expects to record a net profit of no less than RMB 5 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 3.8 million for the six months ending June 30, 2024, indicating a significant turnaround in financial performance driven by increased gross profit [1] Financial Performance - The increase in net profit is primarily attributed to a rise in gross profit, which is mainly driven by the revenue growth in the task and marketing personnel matching service segment [1] - The company has leveraged its extensive expertise in AI self-research capabilities to continuously enhance and iterate its core competencies in AI matching [1] Business Development - The company is expanding its service offerings by developing more AI application scenarios that cover a broader range of service areas, leading to significant revenue growth in the task and marketing personnel matching service business during the reporting period [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，並明確表示概不就因本公告全部或任何部 分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 Plus Group Holdings Inc. 承董事會命 普樂師集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2486） 正面盈利預告 本公告由普樂師集團控股有限公司（「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（「上市規則」）第13.09(2)條，以及香港法例 第571章證券及期貨條例第XIVA部的內幕消息條文（定義見上市規則）刊發。 本公司董事（「董事」）會（「董事會」）謹此宣佈，根據對本集團最新未經審計綜合管理 賬目的初步審閱及董事會目前可得的其他資料，董事會謹此知會本公司股東（「股 東」）及潛在投資者，預期本集團於截至2025年6月30日止六個月（「報告期」）將錄得 純利不少於人民幣5.0百萬元，而截至2024年6月30日止六個月錄得虧損淨額約人民 幣3.8百萬元。 董事會認為，報告期的純利增加主要由於毛利增加，而毛利增加乃主要由於任務與 ...

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) | 02486 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 250,000,000 | USD | | 0.0002 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 250,000,000 | USD | | 0.0002 | USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 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: 普樂師集團控股有限公 ...

Financial Performance - Plus Group Holdings Inc. reported a revenue of HK$500 million for the fiscal year ended December 31, 2024, representing a 25% increase year-over-year[3]. - The company achieved a net profit of HK$100 million, which is a 20% increase compared to the previous year[3]. - Revenue for the year ended December 31, 2024, reached RMB 1,046,361,000, representing a 44.1% increase compared to RMB 725,948,000 in 2023[19]. - Gross profit for 2024 was RMB 124,377,000, up from RMB 94,862,000 in 2023[19]. - Profit for the year attributable to owners of the Company was RMB 13,008,000 in 2024, compared to RMB 11,502,000 in 2023, marking a 13.1% increase[19]. - The Group's total operating revenue for the year ended 31 December 2024 was approximately RMB1.05 billion, representing a year-on-year increase of approximately 44.1% compared to 2023[52]. - The Group successfully reversed the loss from the first half of the year, achieving a net profit of approximately RMB13.8 million for the year, an increase of approximately 19.8% compared to the same period in 2023[53]. - The Group's gross profit for the year was approximately RMB 124.4 million, representing a year-on-year increase of approximately 31.1% compared to 2023[59]. User Growth and Market Expansion - User data showed a growth of 30% in active users, reaching 1.5 million by the end of 2024[3]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2026[3]. - The number of paying customers increased to 608, representing a year-on-year growth of 155.5%[28]. - Total number of touchpoints grew to 659,000, marking a 27.0% increase from the previous year[28]. - Average monthly active touchpoints surged to 88,000, reflecting a 214.3% increase year-on-year[28]. - The Group captured approximately 37% of the offline physical member stores service business across China, becoming a major service provider for an international leading chain retailer[40]. - The Group entered into partnerships with new leading retailers in China, focusing on fresh and ready food, covering about 25% of over 420 offline physical stores[40]. Strategic Initiatives and Investments - Plus Group is investing HK$50 million in new product development, focusing on SaaS solutions to enhance customer engagement[3]. - Plus Group is exploring potential acquisitions to enhance its technology capabilities, with a budget of HK$200 million allocated for this purpose[3]. - The management highlighted the successful launch of two new products in Q4 2024, contributing to a 5% increase in market penetration[3]. - The Group plans to significantly increase investment in AI technology research and development and the self-development of localized application models in 2025[54]. - The Group's strategic focus on O2O real-time retailing has effectively expanded its online marketing business, contributing to overall revenue growth[85]. - The Group's strategy emphasizes capturing more market share while maintaining profitability, aiming for further success in the upcoming year[54]. Operational Efficiency and Technology Integration - The company aims to improve operational efficiency by 15% through the implementation of new technologies in 2025[3]. - The Group's operational efficiency and customer experience were significantly enhanced through the integration of AI application technologies[39]. - The establishment of the "AI + Digital Marketing Joint Laboratory" aims to enhance AI applications across various business areas[38]. - The Group's data-driven approach has strengthened its market position and established a trend of digitalization and intelligence-driven business development[44]. - The Group's focus on AI applications has driven growth and transformation in both online and offline business operations[62]. Corporate Governance and Management - The company is committed to maintaining high standards of corporate governance through the experience of its board members[173]. - The management team has a strong track record in their respective fields, contributing to the company's strategic direction and operational efficiency[181]. - The board of directors includes professionals with diverse backgrounds in finance, marketing, and management, ensuring a well-rounded approach to corporate governance[172]. - The independent non-executive directors are responsible for providing oversight and independent advice on the company's management and operations[174]. - The company is focused on expanding its market presence and enhancing its product offerings through strategic hires in management[180]. Future Outlook - The company provided a positive outlook for 2025, projecting a revenue growth of 15% to HK$575 million[3]. - In 2025, the Company will focus on key directions as part of its outlook[159]. - The company aims to enhance localized AI model deployment and training capabilities, investing in self-developed AI applications to meet diverse needs and establish competitive barriers[160]. - The company plans to expand into new markets such as pharmaceuticals and tea beverage chains, leveraging AI applications to increase market share[160]. - The company intends to deepen integration of AI applications into business scenarios to enhance overall performance and market penetration[161].