Financial Performance - The company's revenue for the year ended December 31, 2025, was RMB 943,497,000, representing a 33.3% increase from RMB 707,629,000 in 2024[3] - Gross profit for the same period was RMB 96,014,000, up 7.1% from RMB 89,622,000 in 2024[3] - The company's net profit decreased by 4.9% to RMB 11,764,000 from RMB 12,372,000 in 2024[3] - The company reported a pre-tax profit of RMB 94,014,000 for 2025, compared to RMB 66,622,000 in 2024, indicating a growth of 41.2%[28] - The total profit attributable to equity holders of the parent company was RMB 11,549,000 in 2025, a decrease from RMB 12,091,000 in 2024, representing a decline of 4.5%[39] - The company recorded a net profit of RMB 11.8 million for the reporting period, a decrease from RMB 12.4 million in the previous year, primarily due to increased R&D expenses and financial costs[87] Revenue Breakdown - IDC solution services generated RMB 758,640,000 in revenue for 2025, up from RMB 658,663,000 in 2024, reflecting a growth of 15.1%[21] - The company recognized revenue of RMB 851,612,000 from services transferred over time, compared to RMB 705,463,000 in 2024, an increase of 20.7%[21] - Revenue from IDC solutions services increased by approximately 15.2% to RMB 758.6 million, driven by the acceleration of digital transformation and AI applications among enterprise customers[67] - Revenue from edge computing services decreased by 15.1% to RMB 41.6 million, primarily due to fluctuations in service usage by large internet enterprise customers[68] - Revenue from intelligent computing reached approximately RMB 139.8 million, attributed to the launch of new services and growing demand for high-performance computing infrastructure[69] Expenses and Costs - Research and development expenses increased significantly to RMB 33,143,000, compared to RMB 23,815,000 in the previous year, indicating a focus on innovation[4] - Overall sales cost increased by approximately 37.1% to RMB 847.5 million, consistent with revenue and business growth[71] - Gross profit rose by approximately 7.1% to RMB 96.0 million, but the overall gross margin decreased from about 12.7% to approximately 10.2% due to rising costs outpacing revenue growth[75] - Financing costs increased to RMB 10,183,000 in 2025 from RMB 8,549,000 in 2024, representing a growth of 19.1%[29] - The total tax expense for the year ended December 31, 2025, was RMB 2,098,000, up from RMB 1,459,000 in 2024, indicating a year-over-year increase of 43.8%[35] Assets and Liabilities - The total assets as of December 31, 2025, were RMB 1,383,937,000, up from RMB 911,406,000 in 2024[8] - Cash and cash equivalents rose to RMB 603,792,000 from RMB 371,016,000, reflecting improved liquidity[8] - The company's total liabilities increased to RMB 863,700,000 from RMB 505,477,000, indicating a rise in financial obligations[9] - Trade receivables rose to RMB 315,718,000 in 2025 from RMB 239,564,000 in 2024, marking an increase of 31.7%[42] - The total trade payables increased to RMB 337,172,000 in 2025 from RMB 199,598,000 in 2024, representing a growth of about 69%[50] Strategic Initiatives - The company plans to continue expanding its Internet Data Center (IDC) solutions and edge computing services in the Chinese market[10] - The company’s strategy focuses on the integration of "edge cloud + AI services," enhancing its technological capabilities and product offerings in the digital economy[55] - The group plans to deepen its intelligent computing layout, focusing on a national network of intelligent computing resources, integrating computing, models, and data resources[64] - The group aims to expand AI technology applications in vertical industries such as education, transportation, and government, enhancing industry solution capabilities[64] - The company has engaged in partnerships with universities and research institutions for R&D, allocating HKD 37 million for this purpose, with HKD 16.4 million already utilized[108] Corporate Governance and Compliance - The company has established an audit committee to oversee financial reporting and internal controls, ensuring compliance with applicable accounting standards[106] - The board of directors includes key executives and independent non-executive directors, ensuring corporate governance compliance[118] - The company operates under the regulations of the Hong Kong Stock Exchange, adhering to the corporate governance code[116] Market Presence and Future Plans - The company plans to list its shares on June 14, 2024, on the Hong Kong Stock Exchange[117] - The company focuses on AI and AIoT technologies to enhance operational efficiency and data management[116] - The cloud business "Lingjing Cloud" was launched in 2022, focusing on edge computing services[117] - The group has maintained a prudent treasury management policy to actively monitor its liquidity and ensure sufficient financial resources for future development[91]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部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。 （ 於開曼群島註冊成立的有限公司） （股份代號﹕2512） 董事會會議日期 雲工場科技控股有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於二零二六 年三月二十六日（ 星期四 ）舉行董事會會議，藉以（ 其中包括 ）省覽及批准本公司及其附屬公 司截至二零二五年十二月三十一日止年度之全年業績及其發佈，以及考慮建議派發末期股 息（ 如有）。 承董事會命 雲工場科技控股有限公司 主席、行政總裁兼執行董事 孫濤先生 香港，二零二六年三月十二日 雲 工 場 科 技 控 股 有 限 公 司 Cloud Factory Technology Holdings Limited 於本公告日期，董事會包括執行董事孫濤先生、蔣燕秋先生及季黎俊先生；以及獨立非執行董事鄭歧先生、 許榮華女士及周茜茜女士。 ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 雲工場科技控股有限公司 呈交日期: 2026年3月3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) | 02512 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 本月底法定/註冊股本總 ...

Group 1 - The core point of the article is that YunGongChang (02512) announced the resignation of Mr. Zhu Wentao as an executive director, effective from February 26, 2026, due to his pursuit of other personal development and career planning [1]

Group 1 - The core point of the article is that YunGongChang (02512.HK) announced the resignation of executive director Zhu Wentao, effective from February 26, 2026, due to his pursuit of other personal development and career planning [1]

Core Viewpoint - YunGongChang (02512) announced the resignation of Mr. Zhu Wentao as an executive director, effective from February 26, 2026, due to his pursuit of other personal development and career planning [1] Company Summary - Mr. Zhu Wentao's resignation is part of his personal career planning and development [1]

（股份代號：2512） 董事名單與其角色及職能 自二零二六年二月二十六日起，雲工場科技控股有限公司董事（「董事」）會（「董事會」）成員 與其各自於董事會及董事委員會的角色及職能載列如下： 執行董事 雲 工 場 科 技 控 股 有 限 公 司 Cloud Factory Technology Holdings Limited （ 於開曼群島註冊成立的有限公司） 獨立非執行董事 鄭歧先生 許榮華女士 周茜茜女士 | | | 董事委員會 | | | --- | --- | --- | --- | | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | | 孫濤先生 | | | C | | 蔣燕秋先生 | | | | | 季黎俊先生 | | M | | | 鄭歧先生 | M | C | M | | 許榮華女士 | C | | M | | 周茜茜女士 | M | M | | 附註： C 董事委員會主席 孫濤先生 （ 主席兼行政總裁） 蔣燕秋先生 季黎俊先生 M 董事委員會成員 香港，二零二六年二月二十六日 ...

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。 雲 工 場 科 技 控 股 有 限 公 司（「 本 公 司」）董 事（「 董 事」）會（「 董 事 會」）謹 此 宣 佈 ， 朱 文 濤 先 生 （「朱先生」）因尋求其他個人發展及職業規劃，辭任本公司執行董事，由二零二六年二月二 十六日起生效。 朱先生確認彼與董事會之間並無意見分歧，亦無有關其上述辭任的其他事宜須提請本公司 股東及香港聯合交易所有限公司垂注。 孫濤先生 雲 工 場 科 技 控 股 有 限 公 司 Cloud Factory Technology Holdings Limited 香港，二零二六年二月二十六日 （ 於開曼群島註冊成立的有限公司） （股份代號﹕2512） 執行董事辭任 董事會謹此感謝朱先生於任期內為本公司提供服務。 承董事會命 雲工場科技控股有限公司 主席、行政總裁兼執行董事 於本公告日期，董事會包括執行董事孫濤先生、蔣燕秋先生及季黎俊先生；以及獨立非執行董事鄭歧先生、 許榮 ...

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: 2026年1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: 雲工場科技控股有限公司 呈交日期: 2026年2月3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) | 02512 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 本月底法定/註冊股本總 ...

Market Overview - The Hong Kong stock index experienced a "V" shaped movement, with the Hang Seng Index rising by 0.2% to 26,830.23 points, while the Hang Seng Tech Index fell by 1.32% to 5,453.46 points [1] - Major technology stocks declined, with Alibaba down 1.78%, Tencent down 3.09%, and JD Group down 0.45% [1] - Commercial aerospace stocks saw significant gains, with Asia Pacific Satellite rising over 9% [1] - Chinese brokerage stocks weakened, with CICC falling over 2% [1] - Gold and silver stocks rebounded, with WanGuo Gold rising over 6% and Luoyang Molybdenum up over 4% [1] Company News - Cloud Factory (02512.HK) secured a contract for the second phase of an AI industrial base project valued at RMB 520 million [2] - ZTE Corporation (00763.HK) plans to invest RMB 117 million in the Jianxing Zhanlu Fund to support innovation businesses and related industries [2] - XPeng Motors (09868.HK) delivered 20,011 new vehicles in January [3] - Laijin Entertainment (08172.HK) received authorization from Ant Group to become an official service provider for "Ant Treasure Box" [4] - Jun Dong Holdings (08277.HK) signed a timber harvesting and sales agreement with Jinda Forestry [5] - Universal Medical (02666.HK) plans to issue corporate bonds totaling up to RMB 1 billion [6] - Blue River Holdings (00498.HK) entered into a cooperation framework agreement with Energy Storage Investment Company [7] - China Merchants Jinling (00978.HK) reported a contract sales total of approximately RMB 32.308 billion for 2025, a year-on-year decrease of 23.91% [8] - Junsheng Tai Pharmaceutical (02511.HK) appointed Dr. Filip Surmont as Chief Medical Officer to strengthen its focus on cardiovascular and metabolic diseases [8] Institutional Insights - Huatai Securities noted a significant pullback in A-shares and Hong Kong stocks, driven by the "Wall Street" trading sentiment, leading to liquidity pressure [9] - The adjustment is seen as more technical and emotional, with a positive medium-term outlook for Chinese assets [9] - Galaxy Securities highlighted ongoing geopolitical risks and a decrease in expectations for Fed rate cuts, predicting continued volatility in Hong Kong stocks [9] - Recommended sectors include technology, energy, precious metals, and consumer stocks, which are expected to rebound as consumption policies increase ahead of the Spring Festival [9] - Huatai Securities indicated that the sentiment index has shifted from panic to optimism, suggesting that current volatility may persist but is more likely to be a pullback rather than a reversal [10]