Financial Performance - For the fiscal year ending December 31, 2025, the total revenue decreased by 17.0% to RMB 1,091,373,000 from RMB 1,315,076,000 in 2024[4] - Gross profit fell by 20.9% to RMB 124,993,000 compared to RMB 158,071,000 in the previous year[4] - The profit attributable to equity holders of the company decreased by 25.2% to RMB 26,104,000 from RMB 34,901,000 in 2024[4] - Basic and diluted earnings per share dropped by 25.2% to RMB 9.70 from RMB 12.97 in 2024[4] - The group's total revenue for the year ended December 31, 2025, was approximately RMB 1,019.4 million, a decrease of about 17.0% compared to 2024[39] - The group reported a net profit attributable to the parent company of approximately RMB 26.1 million, a decrease of about 25.2% from 2024[39] - The total comprehensive income decreased by approximately 29.9% from RMB 33.3 million in 2024 to RMB 23.3 million in 2025[60] Revenue Breakdown - Revenue from online advertising services increased significantly by 36.6% to RMB 725,303,000 from RMB 530,689,000 in 2024[14] - Revenue from the exclusive licensed online gaming business decreased by 55.6% to RMB 335,485,000 from RMB 754,278,000 in the previous year[14] - Online advertising service revenue reached approximately RMB 725.3 million, an increase of about 36.7% year-over-year[39] - The revenue from exclusive licensed online games was approximately RMB 335.5 million, a decrease of about 55.5% compared to 2024[39] - Revenue from electronic device sales increased by over 100% from approximately RMB 484,000 in 2024 to approximately RMB 1.2 million in 2025[46] Assets and Liabilities - Total assets decreased to RMB 675,512,000 from RMB 679,109,000 in 2024, reflecting a slight decline[6] - Cash and cash equivalents decreased to RMB 429,260,000 from RMB 442,336,000 in 2024[6] - Trade receivables from third parties increased to RMB 161,566,000 in 2025 from RMB 156,159,000 in 2024, while the allowance for credit losses was RMB 7,745,000 in 2025[24] - Trade payables decreased to RMB 35,605,000 in 2025 from RMB 53,534,000 in 2024, indicating improved cash flow management[29] - As of December 31, 2025, the company has no bank borrowings, resulting in no capital to debt ratio presented[63] Expenses - Total gross profit decreased by approximately 20.9% from RMB 158.1 million in 2024 to RMB 125.0 million in 2025, with a gross profit margin decline from 12.0% to 11.5%[53] - Administrative expenses decreased by approximately 19.5% from RMB 54.1 million in 2024 to RMB 43.5 million in 2025[56] - Research and development expenses decreased by approximately 13.4% from RMB 43.0 million in 2024 to RMB 37.3 million in 2025[57] - Tax expenses increased by over 100% from approximately RMB 2.8 million in 2024 to RMB 8.8 million in 2025[59] User Engagement and Market Strategy - In 2025, the monthly active users of the company's computer and mobile device tool software reached approximately 94.8 million[32] - The online advertising service business continued to grow, driven by refined operations and expansion into overseas mobile tools, despite a competitive market[30] - The company plans to enhance AI technology to expand online traffic application scenarios and advertising formats to maintain growth momentum[30] - The online gaming business faced significant impacts due to a decline in web game market revenue, prompting the company to develop high-quality IP games and optimize operational efficiency[30] - The company is actively exploring overseas mobile e-commerce markets, achieving preliminary results while focusing on refining and upgrading traffic strategies[34] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[90] - The audit committee has reviewed the annual results for the year ending December 31, 2025, and agreed with the accounting principles adopted by the company[91] - The company is committed to maintaining strict corporate governance and has complied with all applicable code provisions except for the separation of the roles of chairman and CEO[85][86] Future Outlook - The company plans to strengthen its R&D capabilities and expand its user base to ensure long-term sustainable development[41] - The group plans to continue expanding its overseas mobile tool business, focusing on efficiency tools, system tools, and AI application tools[36] - The exclusive online gaming business is committed to resource investment in new product development and operations, with several new games expected to launch in the first half of 2026[35]

Group 1 - The core announcement indicates that the structured deposit product under agreement XLIX has matured, and the company has redeemed the entire principal amount [1] - To optimize the use of idle funds for better returns, the company's subsidiary Chengdu Mijia You has entered into a new structured deposit product agreement L with China Merchants Bank, committing to invest RMB 47 million [1] - The funds for this new investment are sourced from the redeemed principal of the previous structured deposit product under agreement XLIX [1]

Core Viewpoint - The company, Lu Master (03601.HK), has announced a significant transaction involving a structured deposit product with China Merchants Bank, indicating a strategic move to invest in financial instruments linked to gold prices [1] Group 1: Transaction Details - The subsidiary Chengdu Mijia You will enter into a structured deposit agreement with China Merchants Bank on March 25, 2026, for an amount of RMB 47 million [1] - The structured deposit product is a principal-protected floating rate product, with a term of 61 days [1] - The expected annualized interest rates for the product are 1.00% or 1.66%, with the interest commencement date set for March 26, 2026, and maturity on May 26, 2026 [1] Group 2: Funding Source - The funds for this investment will come from the principal of previously redeemed structured deposit products [1] Group 3: Regulatory Compliance - This transaction qualifies as a disclosure-required transaction under the listing rules, highlighting the company's adherence to regulatory standards [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 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 360 LUDASHI HOLDINGS LIMITED 360 3601 須予披露交易 認購結構性存款產品 認購結構性存款產品 茲提述向招商銀行認購原結構性存款產品的公告。於本公告日，結構性存款產品協議 XLIX項下之結構性存款產品已到期，本集團已贖回結構性存款產品協議XLIX項下之全 部本金。 為充分地利用本集團閒置資金以獲得更好的資金回報，於2026年3月25日，本公司附屬 公司成都米加遊與招商銀行訂立結構性存款產品協議L，據此，成都米加遊同意向招商 銀行認購人民幣4,700萬元的結構性存款產品。認購資金為結構性存款產品協議XLIX項 下之已贖回本金。 結構性存款產品協議L 結構性存款產品協議L的主要條款如下： | 日期： | 2026年3月25日 | | --- | --- | | 產品： | 招商銀行點金系列看漲兩層區間61天結構性存款 | | 訂約方： | 成都米加遊；及 | | | 招商銀行 ...

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。 360 LUDASHI HOLDINGS LIMITED 360 360魯大師控股有限公司 董事長及執行董事 田野先生 香港，2026年3月18日 3601 董事會會議日期 360魯大師控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈，董事會會議將 於2026年3月30日（星期一）舉行，藉以（其中包括）考慮及批准本公司及其附屬公司截至 2025年12月31日止年度之全年業績及其發佈，並考慮建議派發末期股息（如有）。 承董事會命 於本公告日期，董事會成員包括：執行董事田野先生及簡璐女士；非執行董事李鑫先生、 趙丹先生及黃劍先生；及獨立非執行董事李洋先生、王新宇先生及胡琴女士。 ...

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: 360 魯大師控股有限公司 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) | 03601 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本 ...

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: 360 魯大師控股有限公司 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) | 03601 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | 0 | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本 ...

Core Viewpoint - The "Ludashi 2025 Niujiao Award Ceremony" emphasizes the importance of verifiable testing data over mere storytelling in determining user experience [1][45]. Group 1: Computer Hardware - AMD Ryzen 9 9950X3D won the title of "2025 Best Performance Desktop Processor" with a 144MB cache, achieving over 1000 FPS in gaming and stable performance in creative tasks [3][47]. - Intel Core Ultra 9 285HX was awarded "2025 Best Performance Mobile Processor," featuring a 24-core architecture and achieving high performance at a base power of 55W [5][49]. - ROG Night God RTX5090OC 32G was recognized as "2025 Best Graphics Chip," showcasing advanced cooling systems for stable performance under load [7][51]. - ROG Gun God 9 Plus Super Competition Edition received the title of "2025 Best Performance Laptop," effectively utilizing flagship components for sustained high performance [9][53]. - G.Skill Royal Memory DDR5 7800MHz 16GB was awarded "2025 Best Computer Memory Performance," achieving high stability and potential for higher frequencies [11][55]. - ZhiTai TiPro9000 2TB won "2025 Best Computer Hard Drive Performance," demonstrating a read speed of 14000MB/s with advanced architecture [13][57]. Group 2: Smartphones - Qualcomm Snapdragon 8 Gen 2 was named "2025 Best Performance Smartphone Chip," achieving a score of 1,305,712 and enhancing mobile performance across CPU, GPU, and AI capabilities [15][59]. - Honor Magic8 Pro won "2025 Best AI Performance Smartphone," with a 37% improvement in AI capabilities [17][61]. - Red Magic 11 Pro+ was awarded "2025 Best Performance Smartphone," achieving a score of 2,067,258 and featuring a unique cooling system for sustained performance [19][63]. - OPPO ColorOS 16 received the title of "2025 Best Smooth Smartphone System," improving fluidity by 37% [21][65]. - iQOO 15 was recognized as "2025 Best Smooth Smartphone," achieving a fluidity score of 242.81 [23][67]. - Red Magic 11 Pro+ also won "2025 Best Gaming Smartphone," focusing on a comprehensive gaming experience [25][69]. - vivo X300 Pro was awarded "2025 Best Long-Lasting Smooth Smartphone," demonstrating high responsiveness over time [27][71]. Group 3: Electric Two-Wheelers - Ninebot M5 125 was named "2025 Best Smart Electric Two-Wheeler," leading in intelligent features with a score of 915 [29][73]. - Ninebot M5 125 also won "2025 Best Comprehensive Bluetooth Performance Electric Two-Wheeler," showcasing quick connectivity and stability [31][75]. - Green Source S95 received the title of "2025 Best Range Achievement," effectively managing energy efficiency [33][77]. - Ninebot Fz3 110 was awarded "2025 Best New National Standard Smart Electric Two-Wheeler," excelling in smart solutions under strict regulations [35][79]. Group 4: New Energy Vehicles - The new Tank 500 (Coffee OS 3.3) was recognized as "2025 Best Smooth Cockpit System," achieving a flow index of 1288.6ms [39][81]. - NIO ES8 Six-Seat Executive Luxury Edition won "2025 Best Voice AI Recognition Vehicle," with a voice recognition rate of 70.42% [41][85]. Conclusion - The Ludashi Niujiao Award aims to establish quantifiable standards for user experience in the industry, emphasizing the importance of verifiable performance data [44][87].

Core Viewpoint - The company, Lu Master (03601.HK), has entered into a structured deposit product agreement with China Merchants Bank, involving an investment of 50 million RMB [1] Group 1 - The agreement is established between Lu Master’s subsidiary, Chengdu Mijia You, and China Merchants Bank [1] - The investment of 50 million RMB is derived from the redeemed principal under a previous structured deposit product agreement [1]

Core Viewpoint - The company, Lu Master (03601), aims to utilize its idle funds to achieve better returns by entering into a structured deposit agreement with China Merchants Bank (600036) [1] Group 1 - The subsidiary Chengdu Mijia You has agreed to subscribe to a structured deposit product worth RMB 50 million [1] - The subscription funds are derived from the principal that has been redeemed under a previous structured deposit agreement [1]