格隆汇8月18日丨广联科技控股(02531.HK)公布，公司将于2025年8月29日召开董事会会议，以（其中包 括）审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布。 ...

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。 廣聯科技控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董 事」）會（「董事會」）謹此宣佈，董事會會議謹訂於2025年8月29日（星期五）舉行， 藉以（其中包括）考慮及批准本集團截至2025年6月30日止六個月的未經審核業 績及其刊發，並考慮派付中期股息（如有）。 承董事會命 廣聯科技控股有限公司 主席兼執行董事 GL-Carlink Technology Holding Limited 廣聯科技控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2531） 董事會會議日期 朱雷 香港，2025年8月18日 於本公告日期，董事會成員包括：(i)執行董事朱雷先生、趙展先生、張勇先生及尹芳女士；(ii) 非執行董事崔常晟先生及彭超女士；及(iii)獨立非執行董事馮轅先生、魏春蘭女士及慈瑩女士。 ...

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: 廣聯科技控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2025年8月5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) | 02531 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,0 ...

Core Viewpoint - The implementation of the "Stablecoin Regulation" in Hong Kong has made stablecoins a hot topic, while Real World Assets (RWA) are attracting participation from various industries [1] Group 1: RWA and Blockchain Technology - RWA refers to the tokenization of real-world assets using blockchain technology, enabling trading and circulation on the blockchain [1] - RWA addresses pain points in the traditional financial system, such as liquidity issues, financing efficiency, trust in data, and cross-border investment barriers [1][3] - RWA connects the crypto market with actual underlying asset markets, providing diverse investment and financing tools, thus enhancing asset ownership transfer and transaction efficiency [6] Group 2: Automotive Industry and Data Monetization - The automotive industry generates vast amounts of data, but there has been no consensus on how to monetize this data [3] - RWA serves as a bridge for commercializing automotive data assets, ensuring data authenticity and facilitating investment processes beyond traditional banking and equity financing [3] - The data generated by smart connected vehicles is categorized into three types: environmental perception data, in-vehicle perception data, and data from vehicle-to-cloud and vehicle-to-vehicle interactions [7][8] Group 3: Market Potential and Future Outlook - The global on-chain RWA asset value is projected to exceed $23.3 billion by June 2025, with expectations of exponential market expansion [7] - BlackRock predicts that the RWA tokenization market could reach $16 trillion by 2030, representing 1% to 10% of the global asset management scale [7] - The automotive data commercialization process is divided into three stages: data on-chain, asset RWA tokenization, and international operations based on stablecoins [8] Group 4: Strategic Transformation and Revenue Generation - The company plans to transition from an "automotive data asset operator" to an "RWA digital financial service provider," leveraging RWA services to transform smart connected vehicles from consumer goods to investment tools [8][10] - By promoting the sharing of idle private cars for rental and operational scenarios, the company aims to enhance owner revenue and reduce fixed asset purchases for rental companies, generating substantial excess returns [10]

Group 1 - The core viewpoint of the news highlights the recent performance of Guanglian Technology Holdings, which saw a significant stock price increase of 26.24% on June 20, closing at 18.76 HKD per share, despite a year-to-date decline of 49.54% [1] - Guanglian Technology Holdings reported total revenue of 700 million RMB for the year ending December 31, 2024, reflecting a year-on-year growth of 24.95%, while the net profit attributable to shareholders decreased by 13.08% to 44.44 million RMB [1] - The company's gross profit margin stands at 62.44%, with a debt-to-asset ratio of 27.38% [1] Group 2 - Guanglian Technology Holdings, established in 2012, focuses on providing digital software, data, and value-added services for the intelligent connected vehicle industry, capitalizing on the growing importance of data in economic development and enterprise transformation [2] - The company has developed a variety of software and value-added service solutions through numerous patented data algorithm models, effectively commercializing data in various automotive scenarios [2] - Guanglian Technology plans to leverage capital market opportunities to increase R&D investment and innovate new user scenarios, enhancing service capabilities for both users and automotive enterprises [2]

Financial Results - GL-Carlink Technology Holding Limited reported its annual results for the year ending December 31, 2024[4] Auditor Opinion - The company confirmed that its auditor issued an unqualified opinion regarding the related party transactions, indicating compliance with relevant agreements[5] Board of Directors - The board of directors includes executive directors Zhu Lei, Zhao Zhan, Zhang Yong, and Yin Fang, along with non-executive and independent directors[8]

Group 1 - The company reported a revenue of approximately 138 million yuan in Q1 2025, a year-on-year decrease of 6.8%, while gross profit was 90 million yuan, an increase of 21.6%, resulting in a gross margin of 65.2% [1] - The hardware business revenue was approximately 26 million yuan, down 48% year-on-year, while software and service revenue was about 112 million yuan, up 14.3%, accounting for approximately 81.2% of total revenue [1] - The company has been expanding its SaaS value-added services, achieving revenue of approximately 84 million yuan in Q1 2025, a growth of about 29.2% compared to the same period in 2024 [1] Group 2 - The company is focusing on expanding its client base among leading new energy vehicle manufacturers, having signed business cooperation agreements with subsidiaries of GAC and BAIC in Q1 2025 [2] - The company aims to enhance revenue and profit per employee through the use of artificial intelligence and big data algorithms, improving the competitiveness and profitability of its "software pay-for-performance" model [2]

Financial Performance - The company reported a revenue of 1.2 billion RMB for the fiscal year 2024, representing a 15% increase compared to the previous year[4]. - In 2024, the company achieved total revenue of approximately RMB 700.4 million, representing a year-on-year growth of 24.9%[15]. - The total gross profit for 2024 was approximately RMB 437.4 million, a year-on-year increase of about 73.7%[15]. - Adjusted profit for the year was RMB 65.1 million, reflecting a year-on-year growth of approximately 5.4%[15]. - The gross margin improved from 44.9% in 2023 to 62.5% in 2024[20]. - The gross margin improved to 40%, up from 35% in the previous year, due to cost optimization strategies[4]. - The pre-tax profit for the year was RMB 38.9 million, down from RMB 59.0 million in the previous year[29]. - The company reported a net profit of approximately RMB 44.4 million for the year, a decrease of about 13.8% from RMB 51.5 million in 2023, primarily due to increased listing expenses, R&D, and administrative costs[43]. - The company's cash and cash equivalents increased by approximately 161.0% to RMB 410.3 million as of December 31, 2024, compared to RMB 157.2 million in 2023, mainly due to the completion of a global offering[45]. - Trade and other receivables increased by approximately 58.2% to RMB 211.7 million as of December 31, 2024, compared to RMB 133.8 million in 2023, driven by business expansion[48]. Revenue Sources - Over 70% of the revenue from SaaS value-added services came from new energy vehicle manufacturers and their delivery service stores[16]. - Revenue from digital light modification and digital rights services amounted to RMB 170.6 million and RMB 221.6 million, accounting for 42.1% and 54.7% of SaaS value-added service revenue, respectively[16]. - The company's SaaS value-added service revenue reached approximately RMB 405.2 million, representing a year-on-year growth of about 102.6%[23]. - Revenue from digital light modification services amounted to RMB 170.6 million, accounting for 42.1% of the SaaS value-added service revenue[23]. - Revenue from digital rights services was RMB 221.6 million, contributing 54.7% to the SaaS value-added service revenue[23]. Strategic Initiatives - The company provided a forward guidance of 1.5 billion RMB in revenue for 2025, indicating a projected growth of 25%[6]. - New product launches are expected to contribute an additional 200 million RMB in revenue in 2025[7]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2026[8]. - A strategic acquisition of a tech startup was completed, expected to enhance the company's technological capabilities and add 100 million RMB in annual revenue[9]. - The company plans to invest 500 million RMB in new technology infrastructure over the next two years[6]. - The company aims to enhance its core competitiveness through innovative digital products powered by AI and big data technologies[18]. - The company plans to leverage opportunities in the ICV industry and accelerate the signing of contracts with vehicle manufacturers in 2025[18]. Research and Development - Research and development expenses increased by 30% to 300 million RMB, focusing on AI and cloud services[10]. - The company aims to develop innovative products in the "smart vehicle" and "smart travel" sectors to meet the full lifecycle needs of vehicle owners[26]. - The company plans to leverage artificial intelligence to improve online marketing automation and offline professional service capabilities[28]. - The company has obtained 28 authorized patents, with two new patents granted during the reporting period, enhancing its technological capabilities[25]. Management and Governance - The management team emphasizes the importance of financial accuracy and strategic decision-making to drive company growth and shareholder value[67]. - The leadership team is committed to fostering innovation and leveraging their extensive industry experience to navigate market challenges[72]. - The company has established measures to avoid conflicts of interest involving its directors' roles in other companies[144]. - The board consists of four executive directors, two non-executive directors, and three independent non-executive directors, ensuring a diverse and independent governance structure[188]. - The board is responsible for leading and monitoring the company, ensuring effective internal controls and risk management systems are in place[195]. Shareholder Information - The company's distributable reserves as of December 31, 2024, amount to RMB 472.89 million, available for distribution to shareholders[108]. - The company does not recommend any final dividend for the year ending December 31, 2024[98]. - As of December 31, 2024, the total issued shares amount to 366,600,000, with significant shareholdings by key executives, including Mr. Zhu Lei holding approximately 51.42% of the total shares through various entities[127][129]. Compliance and Regulations - The company has complied with all relevant laws and regulations without any significant violations since its listing[102]. - The company has confirmed that all independent non-executive directors have maintained their independence as per the annual confirmation under Listing Rule 3.13[115]. - The company has confirmed compliance with the disclosure requirements under the Listing Rules Chapter 14A regarding related party transactions[158]. - The company has maintained compliance with corporate governance codes since its listing date, ensuring the protection of shareholders' interests[167]. Future Outlook - The company is actively seeking opportunities to apply its data monetization methodology to other "smart entity" industries[18]. - The board will continue to review and adjust business strategies to respond to changing market conditions, promoting sustainable development[184].

Core Viewpoint - Guanglian Technology Holdings has experienced significant volatility in its stock price since its IPO, with a peak increase of 700% followed by a sharp decline due to regulatory warnings and poor financial performance [2][3][4]. Financial Performance Summary - For the fiscal year ending December 31, 2024, Guanglian Technology reported revenue of 700.418 million RMB, a year-on-year increase of 24.9%, marking the third consecutive year of growth [6]. - Despite the revenue growth, the company's annual profit decreased by 13.9% to 44.358 million RMB [6]. - The company faced a significant increase in expenses, with distribution and sales expenses rising by 109.5% to 333 million RMB, administrative expenses increasing by 44.8% to approximately 30.668 million RMB, and R&D expenses growing by 54.1% to 27.85 million RMB [7]. Market Position and Challenges - Guanglian Technology operates in the automotive aftermarket sector, providing hardware and SaaS marketing and management services, benefiting from the growth of the domestic new energy vehicle market [5]. - The company faced regulatory challenges, including a warning about concentrated shareholding, which has impacted its eligibility for inclusion in the Hong Kong Stock Connect program [4]. - The stock price has significantly declined, dropping over 88% from its historical high of 51.6 HKD, despite the current valuation being relatively high with a TTM P/E ratio of 45.8 [7].

Financial Performance - Revenue for the year ended December 31, 2024, reached RMB 700,418 thousand, representing a 24.9% increase compared to RMB 560,569 thousand in 2023[6] - Gross profit increased by 73.7% to RMB 437,356 thousand in 2024 from RMB 251,778 thousand in 2023[6] - Annual profit decreased by 13.9% to RMB 44,358 thousand in 2024 from RMB 51,542 thousand in 2023[6] - Adjusted annual profit (non-IFRS measure) rose by 5.4% to RMB 65,073 thousand in 2024 from RMB 61,737 thousand in 2023[6] - Total comprehensive income for the year was RMB 44,211 thousand in 2024, down from RMB 49,741 thousand in 2023[8] - Basic earnings per share decreased to RMB 0.13 in 2024 from RMB 0.17 in 2023[10] - Total revenue for the period was approximately RMB 700.4 million, representing a year-on-year growth of about 24.9% from RMB 560.6 million in 2023[51] - Gross profit for the year was approximately RMB 437.4 million, an increase of around 73.7% compared to RMB 251.8 million in 2023, with the gross margin improving from 44.9% to 62.5%[51] - Adjusted profit for the year (non-IFRS measure) was approximately RMB 65.1 million, an increase of about 5.5% from RMB 61.7 million in 2023[76] - The company reported a net profit of approximately RMB 44.4 million for the year, a decrease of about 13.8% from RMB 51.5 million in 2023, attributed to increased listing, R&D, and administrative expenses[75] Revenue Breakdown - Total revenue from customer contracts for the year ended December 31, 2024, was RMB 700,418 thousand, an increase of 25% from RMB 560,569 thousand in 2023[23] - Revenue from sales of vehicle-mounted hardware products decreased to RMB 161,474 thousand in 2024 from RMB 226,098 thousand in 2023, representing a decline of 28.6%[23] - Revenue from SaaS value-added services significantly increased to RMB 405,170 thousand in 2024, up 102.5% from RMB 199,946 thousand in 2023[23] - The total revenue from SaaS value-added services was approximately RMB 405.2 million, representing a year-on-year growth of about 102.6%[54] - The contribution of revenue from new energy vehicle manufacturers and their delivery service stores exceeded 70% of the group's SaaS value-added service income, becoming the core engine for performance growth[53] - Revenue from the digital light modification category reached RMB 170.6 million, accounting for 42.1% of SaaS value-added service income, while revenue from digital rights services was RMB 221.6 million, making up 54.7%[54] Assets and Liabilities - Non-current assets increased to RMB 208,743 thousand in 2024 from RMB 64,085 thousand in 2023, primarily due to an increase in equity interests in associates[12] - Total assets reached RMB 699,004 thousand in 2024, compared to RMB 501,766 thousand in 2023[12] - Net assets increased to RMB 659,222 thousand in 2024 from RMB 365,314 thousand in 2023, reflecting strong capital growth[13] - Trade receivables increased to RMB 148,445,000 in 2024 from RMB 139,086,000 in 2023, with a net amount after credit loss provisions of RMB 124,043,000, up from RMB 95,825,000[42] - The company’s trade payables rose to RMB 33,639,000 in 2024 from RMB 21,121,000 in 2023, reflecting an increase of approximately 59.4%[47] - Trade and other receivables and prepayments increased to approximately RMB 211.7 million, up about 58.2% from RMB 133.8 million in 2023, driven by business expansion[79] Expenses - Listing expenses increased significantly by 103.2% to RMB 20,715 thousand in 2024 from RMB 10,195 thousand in 2023[6] - The company’s depreciation and amortization expenses totaled RMB 15,593,000, up from RMB 13,856,000 in 2023, indicating an increase of approximately 12.5%[39] - Employee benefits expenses totaled RMB 53,593 thousand for the year ended December 31, 2024, compared to RMB 52,762 thousand in 2023, showing a slight increase of 1.6%[38] - Operating expenses for distribution and sales were approximately RMB 333.3 million, up about 109.5% from RMB 159.1 million in 2023, primarily due to the expansion of SaaS value-added services[70] - Research and development expenses increased to approximately RMB 27.9 million, a rise of about 54.1% from RMB 18.1 million in 2023, mainly due to increased staff costs and software amortization[72] Strategic Initiatives - The company aims to leverage the growth in the Chinese intelligent connected vehicle (ICV) market, which saw sales exceeding 31 million vehicles in 2024, with new energy vehicles (NEV) sales growing by 35.5% year-on-year[51] - The company plans to enhance its technology research and development capabilities to meet the growing demand for post-market services in the new energy sector[52] - The company plans to accelerate the signing of contracts with vehicle manufacturers and expand its customer base in the new energy vehicle sector in 2025[59] - The focus will be on developing innovative digital products that meet the full lifecycle service needs of new energy vehicle owners, including second-hand car sales platforms and digital financial services[59] - The company aims to enhance operational efficiency and innovative product capabilities through the use of artificial intelligence and big data technologies[60] - The development of the "AI Assistant" application and various AI-driven products aims to improve sales and operational efficiency in stores[56] - The company is actively researching the application of its solutions in the robotics sector, having signed a partnership with Efort Intelligent Robotics[60] - The company is committed to creating long-term sustainable value returns for shareholders by leveraging its data monetization methodologies in other intelligent sectors[59] Corporate Governance and Compliance - The company has complied with all applicable corporate governance codes since its listing date[94] - The audit committee, consisting of three independent non-executive directors, has reviewed the annual performance for the year ending December 31, 2024, and confirmed compliance with relevant accounting standards[101] - Deloitte has confirmed that the preliminary financial figures for the year ending December 31, 2024, align with the audited financial statements approved by the board on March 25, 2025[102] - The board expresses gratitude to shareholders, management, employees, business partners, and customers for their support and contributions[104] Future Outlook - The company expects that the application of new international financial reporting standards will not have a significant impact on the consolidated financial statements in the foreseeable future[22] - The company has not early adopted any new international financial reporting standards that have been issued but are not yet effective[19] - The company has no significant capital commitments or contingent liabilities as of December 31, 2024[84][85] - The board has resolved not to recommend the payment of a final dividend for the year ending December 31, 2024[99] - The company will hold its annual general meeting on June 18, 2025, with a share transfer registration suspension from June 13 to June 18, 2025[100] - There are no significant post-balance sheet events occurring after December 31, 2024[86]