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 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | H 股份類別 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02598 | 說明 H股 | | | | | | 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）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年5月12日 | 418,530,764 | | 138,000 | | 418,668,764 | | 1). 購回股份 (股份被持作庫存股份) | | -7,500 | 0.002 ...

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： 連連數字科技股份有限公司 呈交日期： 2025年5月12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 H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02598 | 說明 | H股 | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | 事件 | | | 已發行股份（不包括庫存股份）變動 佔有關事件前的現有已發 | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股 ...

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： 連連數字科技股份有限公司 呈交日期： 2025年5月9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 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02598 | 說明 | H股 | | | | | | 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）數 目 | 佔有關 ...

呈交日期： 2025年5月6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 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02598 | 說明 | H股 | | | | | | 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）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) ...

Summary of Lianlian Digital Conference Call Company Overview - Lianlian Digital is the largest independent digital payment solution provider in China, holding 65 global payment licenses and supporting transactions in over 130 currencies, serving more than 100 e-commerce platforms globally, with a strong global layout and compliance framework as its core competitive advantage [2][3][5] Financial Performance - In 2024, Lianlian Digital's Total Payment Volume (TPV) grew by 64.7%, and revenue increased by 27.9% to 1.315 billion RMB, with global payment revenue accounting for 61.4% and a gross margin of 72%, indicating strong growth momentum and profitability [2][13] Business Model and Services - The company provides a one-stop solution for cross-border e-commerce payment services, including acquiring, collection, currency exchange, trade declaration, and subsequent logistics services [3][4] - Lianlian Digital collaborates with logistics companies like Zhongyuan Shipping to offer comprehensive fund flow and logistics services [2][8][9] Market Expansion and Strategy - The company is actively expanding its global business, focusing on the Middle East and Latin America, with plans to obtain a payment license in the Middle East by 2025 [2][12][19] - Lianlian Digital is exploring the application of Web3 technology in cross-border payments and has obtained a virtual asset exchange license in Hong Kong [2][27] Competitive Landscape - The cross-border payment industry faces significant barriers, including licensing and compliance requirements, with Lianlian Digital being the only non-U.S. company to hold payment licenses in all 50 U.S. states [6][17] - The market is highly concentrated, with major players holding approximately 80% of the market share, indicating intense competition [15][16][30] Management and Team - The management team has extensive industry experience, with the CEO and COO having significant backgrounds in technology and finance [10][11] Regulatory Environment - Recent financial facilitation policies from the Shanghai government are expected to positively impact the company by enhancing cross-border settlement efficiency and financial services [26] Future Outlook - Lianlian Digital's future strategy includes further global expansion, particularly in the Middle East and Latin America, and leveraging existing licenses for localized operations to mitigate tariff increases and geopolitical risks [12][19] - The company anticipates a slowdown in TPV growth to 30-40% in 2026, emphasizing the importance of revenue growth as a core competitive metric [32] Challenges and Risks - The company faces challenges in customer acquisition compared to e-commerce giants like Alibaba, as its customer base primarily consists of small and micro enterprises [20][21] - The stock price has been volatile due to large shareholder unlocks and market dynamics, with strategies in place to stabilize it [33] Technology and Innovation - Lianlian Digital is committed to integrating AI and Web3 technologies into its payment processes to enhance efficiency and reduce costs [12][27] Conclusion - Lianlian Digital is well-positioned in the cross-border payment industry with a robust growth trajectory, strong management, and a focus on innovation and compliance, while navigating competitive and regulatory challenges [2][6][12]

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： 連連數字科技股份有限公司 呈交日期： 2025年4月25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 H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02598 | 說明 | | | | | | 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）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存 ...

Summary of the Conference Call Records Company Overview - Lianlian Digital focuses on cross-border payments, accounting for approximately 70% of its business, providing multi-currency payment accounts for small and micro enterprises in China, facilitating global trade fund collection and domestic distribution. In 2024, the company is expected to process transaction volumes of 281.5 billion RMB, corresponding to a trade scale of approximately 560 billion RMB, serving about one-quarter of the Chinese export consumer goods cross-border e-commerce market [1][2][3]. Industry Characteristics - The cross-border payment industry requires global payment licenses, a comprehensive compliance payment system (KYC, anti-money laundering, trade authenticity verification), and strong service capabilities. Lianlian Digital is the only foreign company to obtain payment licenses in all 50 states in the U.S. and collaborates with several global settlement banks to provide efficient and secure payment services [1][4][5]. Competitive Landscape - The cross-border payment industry is characterized by a "three big, two small" structure, with Lianlian Digital, PingPong, and Payoneer each holding about 20% market share, while Airwallex and Worldfirst hold about 10% each. Notably, Airwallex's main business is not cross-border trade payments [1][7]. Revenue Sources and Growth - Lianlian Digital's domestic third-party online payment business has an annual transaction volume of 3 trillion RMB, contributing 30% of its revenue. The company collaborates with independent third-party ToB companies to provide differentiated payment solutions for approximately 3,000 large and medium-sized enterprises in China [2][13][26]. Financial Performance - In 2024, despite global economic pressures, Lianlian Digital achieved significant growth, with global transaction volume increasing by 63% and revenue by 23%. Domestic transaction volume grew by 65%, with revenue increasing by 57% [14][28]. Strategic Partnerships - The partnership with American Express for a clearing company has historically led to losses, but with recent capital increases from American Express, the company expects to achieve breakeven or profitability in the future, recovering approximately 1.6 billion RMB and enjoying investment returns [2][15]. Regulatory Compliance - Lianlian Digital holds relevant payment licenses in both China and the U.S., ensuring strong compliance. The company was one of the first to obtain a third-party online payment license in China and has completed all regulatory requirements [9][10]. Service Offerings - Lianlian Digital provides a one-stop solution that includes rapid matching of bank accounts in over 100 countries, covering 130 currencies, and connecting to over 100 global platforms for store setup. The company also offers logistics, digital marketing, and supply chain financial services through partnerships [11][12]. Market Challenges and Responses - In response to the U.S.-China trade war, Lianlian Digital has focused on real trade, supported new business developments (such as Web3 payments), and collaborated with the Ministry of Commerce to promote the digital transformation of offline trade [2][17]. Future Outlook - The company anticipates that the gap between transaction volume growth and revenue growth will narrow as historical small and medium customers grow into larger clients, leading to higher fee rates. The service trade sector is expected to maintain rapid growth, with Lianlian Digital taking a cautious approach to ensure compliance [21][25]. Conclusion - Lianlian Digital is well-positioned in the cross-border payment industry with a strong compliance framework, significant market share, and a comprehensive service offering. The company is adapting to market challenges and exploring new growth opportunities while maintaining a focus on regulatory compliance and customer service.

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通告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本通告全部或任 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。 特別決議案 股東週年大會通告 茲通告連連數字科技股份有限公司（「本公司」）謹訂於2025年6月6日（星期五）上 午十時正假座中國浙江省杭州市濱江區越達巷79號A座12樓本公司會議室舉行股東週 年大會（「股東週年大會」），以考慮及酌情批准以下決議案。於本通告內，除文義另有 所指外，本通告所用詞彙與本公司日期為2025年4月23日的通函（「通函」）所界定者具 有相同涵義。 普通決議案 – 1 – 1. 審議及批准2024年度董事會報告。 2. 審議及批准2024年度監事會報告。 3. 審議及批准2024年度經審計合併財務報表。 4. 審議及批准2024年年度報告。 5. 審議及批准年度彌補虧損計劃。 6. 審議及批准向銀行及其他金融機構申請授信額度及為本公司全資子公司提 供擔保。 7. 審議及批准續聘羅兵咸永道會計師事務所為本公司2025年核數師，任期直 至本公司下屆股東週年大會結束為止，並授權董事會釐定其 ...

此乃要件 請即處理 您如對本通函任何方面或應採取與本通函相關的行動有任何疑問，應諮詢您的股票經紀或其他註冊 證券商、銀行經理、律師、專業會計師或其他專業顧問。 您如已出售或轉讓名下所有連連數字科技股份有限公司的股份，應立即將本通函連同隨附之代理人 委任表格交予買方或受讓人，或送交經手買賣或轉讓的銀行、股票經紀或其他代理人，以便轉交買 方或受讓人。 香港交易及結算所有限公司以及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本通函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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2598） Lianlian DigiTech Co., Ltd. 連連數字科技股份有限公司 (1) 2024年度董事會報告 (2) 2024年度監事會報告 (3) 2024年度經審計合併財務報表 (4) 2024年年度報告 (5) 年度彌補虧損計劃 (6) 向銀行及其他金融機構申請授信額度及為全資子公司提供擔保 (7) 2025年續聘核數師 及 股東週年大會通告 連連數字科技股份有限公司謹訂於2025 ...

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2024, representing a year-over-year growth of 15%[1]. - Total revenue for 2024 reached RMB 1,314,959,000, representing a year-on-year increase of 27.9%[15]. - Revenue from digital payment services amounted to RMB 1,150.6 million, reflecting a year-on-year increase of 31.6%[30]. - The adjusted net profit for the year was RMB 78,693,000, indicating a recovery trend in profitability[15]. - The company's loss for the year was RMB 166.5 million, a reduction of RMB 487.7 million compared to the previous year, representing a 74.5% decrease in losses[48]. - Adjusted EBITDA for the year was RMB (280,257,000), showing improvement from RMB (359,188,000) in 2023[15]. - The company achieved a gross profit of RMB 682,521,000, with a gross margin of 51.9%[15]. - Gross profit for the year was RMB 682.5 million, an increase of 18.2%, with a gross margin of 51.9%, down 4.2% year-over-year, primarily due to the growth of lower-margin domestic payment business[34]. User Growth and Market Expansion - User base expanded to 10 million active users, reflecting a growth rate of 25% year-over-year[1]. - Market expansion efforts include entering two new Southeast Asian countries by the end of 2025, targeting a 15% increase in user acquisition[1]. - The company plans to launch three new products in 2025, aiming to capture an additional 10% market share in the digital payment sector[1]. Investment and R&D - The company is investing RMB 200 million in R&D for new technologies, focusing on enhancing payment security and user experience[1]. - The company plans to enhance its global licensing layout and invest in emerging markets to strengthen its competitive advantage in cross-border payments[16]. - The company plans to enhance its global license layout and expand its business areas, leveraging technologies such as AI and blockchain[25]. Strategic Partnerships and Acquisitions - The company has completed the acquisition of a local fintech startup for RMB 50 million, expected to enhance its service offerings[1]. - A new strategic partnership with a major bank is expected to increase transaction volume by 30% over the next year[1]. - The company obtained 65 global payment licenses, enhancing its service capabilities in the European market[14]. Financial Position and Liquidity - The total assets increased to RMB 14,538,817,000, up from RMB 10,467,499,000 in 2023, marking a growth of 38.5%[12]. - Total liabilities rose to RMB 13,303,310,000, compared to RMB 9,873,855,000 in 2023, an increase of 34.6%[12]. - As of December 31, 2024, the company's cash and cash equivalents increased by RMB 327.0 million, totaling RMB 522.3 million[49]. - The company maintained sufficient liquidity to meet daily management and capital expenditure requirements[52]. Employee and Management Structure - The company employed a total of 1,103 employees as of December 31, 2024, with 91.30% based in China and 8.70% overseas[72]. - The workforce composition includes 34.90% in R&D, 33.00% in sales and marketing, and 32.09% in general and administrative roles[73]. - The company has established a union in China as of December 31, 2024, to represent employees in collective bargaining[74]. - The company appointed Mr. Sun Dali as President in April 2024, responsible for overall strategic planning and domestic operations management[95]. Shareholder and Equity Information - As of December 31, 2024, the total share capital of the company is RMB 1,079,060,000, divided into 1,079,060,000 shares with a par value of RMB 1.0 each, including 418,668,764 H shares and 660,391,236 unlisted shares[121]. - Major shareholder Mr. Lu Zhonglin holds 92,316,555 unlisted shares, accounting for 13.98% of the relevant shares and 8.56% of the total equity[148]. - The total number of unlisted shares issued as of December 31, 2024, is 660,391,236, while the total number of H shares is 418,668,764, leading to a total equity of 1,079,060,000 shares[145]. Risks and Challenges - The company faces significant risks related to product development and market adaptation, which could adversely affect its business and financial performance[110]. - The company has a history of net losses and may continue to incur losses in the future, impacting its financial stability[115]. Incentive Mechanisms and Employee Benefits - The company aims to enhance its incentive mechanisms to ensure the achievement of development goals[74]. - Employee benefits expenses totaled RMB 816.3 million, an increase of 21.6% from RMB 670.9 million in 2023[75]. - The company has adopted pre-IPO stock option plans and a first-phase incentive trust plan to attract and retain talent[74]. Compliance and Governance - The company confirmed compliance with legal responsibilities as per listing rules for newly appointed directors[103]. - The board consists of eight members, including five executive directors and three independent non-executive directors[78]. - The company has no disclosed interests in any competing businesses as per listing rules[102].