NOTIFICATION LETTER 通知信函 Dear Registered shareholders, Flowing Cloud Technology Ltd (the "Company") — Notice of publication of 2025 Interim Report (the "Current Corporate Communication") （於開曼群島註冊成立的有限公司） (Incorporated in the Cayman Islands with limited liability) (股份代號：6610） (Stock Code: 6610) If you for any reason have difficulty in receiving email notification or gaining access to the Website Version of the Corporate Communications and would like to receive the Current Corporate Communication and all futu ...

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 381.3 million, a decrease of 14.9% compared to RMB 448.0 million in 2024[11] - Gross profit for the same period was RMB 80.7 million, down 35.6% from RMB 125.2 million in 2024[11] - The company reported a pre-tax loss of RMB 135.9 million, a decline of 282.6% compared to a profit of RMB 74.4 million in 2024[11] - The net loss for the period was RMB 123.5 million, a significant drop of 294.6% from a profit of RMB 63.5 million in 2024[11] - Basic and diluted loss per share was RMB 6.53, compared to earnings of RMB 3.51 per share in the same period last year[112] - Total comprehensive loss for the period amounted to RMB 130,192 thousand, compared to a total comprehensive income of RMB 45,054 thousand in 2024[112] - The company reported a loss of approximately RMB 123.5 million for the six months ended June 30, 2025, compared to a profit of RMB 63.5 million in the same period of 2024, resulting in a net profit margin decline from approximately 14.2% to -32.4%[54] Revenue Breakdown - Revenue from AR and VR marketing services was RMB 214.7 million, a decrease of 33.5% year-over-year, primarily due to a 24.0% drop in average spending per advertising client[30] - Revenue from AR and VR content increased by 12.6% year-over-year to RMB 119.9 million, driven by improved project quality and higher project prices[19] - The revenue breakdown showed AR and VR marketing services accounted for 56.3% of total revenue, while AR and VR content contributed 31.5%[29] - The revenue from the AR and VR content business for the six months ended June 30, 2025, was approximately RMB 119.9 million, an increase of about 12.6% compared to RMB 106.5 million for the same period in 2024[33] - Revenue from the AR and VR SaaS business significantly decreased by approximately 56.5%, from about RMB 14.3 million in the six months ended June 30, 2024, to approximately RMB 6.2 million in the same period of 2025[36] - Other business revenue increased 5.5 times to approximately RMB 23.7 million for the six months ended June 30, 2025, compared to RMB 4.3 million in 2024, due to proactive strategies in seeking new business opportunities[37] Cost and Expenses - The total cost of revenue for the group was approximately RMB 300.7 million for the six months ended June 30, 2025, a decrease of about 6.9% from RMB 322.8 million in 2024[38] - Distribution and selling expenses surged to approximately RMB 67.9 million, a significant increase of about 7.8 times from RMB 8.7 million in the same period of 2024, driven by higher promotional costs related to subcontractors[49] - Research and development expenses rose to approximately RMB 46.1 million, a substantial increase of about 3.2 times from RMB 14.4 million in the same period of 2024, due to increased R&D efforts in motion capture technology and VR[51] - Administrative expenses decreased by approximately 46.0% to about RMB 15.0 million from RMB 27.7 million in the same period of 2024, attributed to reduced employee-related costs and strategic business cutbacks[50] Assets and Liabilities - Trade receivables increased from approximately RMB 641.9 million to about RMB 781.1 million as of June 30, 2025, reflecting an increase in the turnover days of trade receivables[57] - The provision for expected credit losses on trade receivables increased by approximately RMB 85.1 million to RMB 143.7 million, mainly due to an increase in long-overdue receivables from major customers[46] - Current liabilities increased to RMB 416,915 thousand from RMB 373,507 thousand, marking an increase of around 11.6%[114] - The company's total assets amounted to RMB 1,530,281 thousand, a decrease from RMB 1,568,254 thousand as of December 31, 2024, representing a decline of approximately 2.4%[114] Corporate Governance and Compliance - The company has committed to high standards of corporate governance to enhance transparency and accountability[105] - The audit committee has reviewed the interim financial results and found them to comply with applicable accounting standards and regulations[102] - The company emphasizes compliance with the corporate governance code as per the listing rules[167] Future Plans and Investments - The company is focusing on the integration of AR, VR, and AI technologies to provide efficient digital solutions across various industries[12] - The company aims to enhance user engagement through immersive experiences in sectors such as tourism, education, and finance[12] - The company is committed to increasing R&D investment to optimize its AR and VR engines and AI algorithms[13] - Future plans include deepening the integration of AI with AR and VR/MR technologies to enhance service quality and production efficiency[27] Shareholder Information - The total number of issued shares, including treasury shares, is 2,168,328,000 as of June 30, 2025[96] - The company repurchased a total of 2,672,000 shares, which were canceled in May 2025[97] - The company does not recommend the payment of an interim dividend for the six months ending June 30, 2025[87] - The total number of share options available under the post-IPO share option plan is 181 million shares, representing about 8.4% of the total issued shares as of the report date[88] Cash Flow and Financing - The company's cash and cash equivalents amounted to approximately RMB 21.0 million as of June 30, 2025[64] - The company reported a net cash position, making the leverage ratio not applicable[68] - The company reported a net cash outflow of RMB 140,422 thousand for the period, compared to RMB 198,336 thousand in the previous year, indicating a reduction in cash outflow by about 29.1%[122]

Core Viewpoint - Vedanta is committed to using coal as the primary energy source for its mining operations while planning to reduce its reliance on coal to 50-60% in the next three to four years by incorporating more renewable energy sources [1][2] Group 1: Energy Strategy - Currently, coal makes up approximately 70% of Vedanta's energy mix [1] - The company aims to integrate renewable sources such as solar and wind to decrease coal reliance [1][2] - Vedanta's CEO stated that coal will remain the baseload contributor for the company [2] Group 2: Product Development - Vedanta is investing in low-carbon products like aluminium and zinc, which currently account for less than 20% of total output [2] - The company plans to expand production of these low-carbon products [2] Group 3: International Operations - Vedanta is exploring energy transitions in its international operations, including a 300MW power plant in Zambia, which will be split between coal and renewable energy [2][3] - The company has resumed copper production in Zambia, reaching 180,000-200,000 tonnes, with plans to increase output to 300,000 tonnes over three years [3] Group 4: Regulatory Challenges - The Indian Government halted Vedanta's proposed restructuring into four new entities due to concerns over dues recovery [4]

飞天云动宣布，拟以每股0.174港元的价格配售最多4.33亿股股份。此次配售价格较当日收盘价折让约 19.82%。配售完成后，预计净筹集资金约7453万港元，将用于广告流量获取(约60%)、研发(约30%)及 一般营运资金(约10%)。 ...

Group 1 - The company, Feitian Yundong (stock code: 6610), announced a financing plan through the general authorization to issue new shares, aiming to raise approximately HKD 75.42 million by issuing 433,429,200 shares [1] - The placement price of the new shares is HKD 0.174, representing a discount of about 19.8% compared to the closing price of HKD 0.2170 on the previous trading day, and a discount of approximately 17.5% compared to the average closing price over the last five trading days [1] - The newly issued shares will account for about 20.0% of the existing issued share capital and approximately 16.7% of the enlarged share capital after completion [1] Group 2 - The funds raised will be allocated as follows: approximately HKD 44.72 million for acquiring advertising traffic from media platforms or authorized agents, about HKD 22.36 million for enhancing research and development capabilities and improving services and products, and around HKD 7.45 million for general working capital [1] - The issuance is based on the general authorization granted at the shareholders' meeting and is expected to be completed on the fourth business day after all conditions are met or on another date agreed upon in writing with the placement agent [1]

Group 1 - The company, Feitian Yundong (06610.HK), announced a placement agreement to issue up to 433 million shares at a price of HKD 0.174 per share [1] - The placement will be conducted through a placement agent and is aimed at no less than six subscribers [1] - As of the announcement date, the company has issued 2.167 billion shares, and if all placement shares are successfully placed, they will represent 20% of the total issued share capital [1] Group 2 - Following the completion of the placement, the total issued share capital (excluding treasury shares) will be approximately 1.667 billion shares [1] - The placement is based on general authorization to issue shares to the subscribers [1]

Group 1 - The company, Feitian Yundong (06610), announced a placement agreement with a placement agent to issue up to 433 million shares at a price of HKD 0.174 per share, targeting at least six subscribers [1] - If all shares are successfully placed, they will represent approximately 16.67% of the company's enlarged issued share capital post-placement [1] - The placement price of HKD 0.174 represents a discount of about 19.82% compared to the closing price of HKD 0.2170 on September 9, 2025 [1] Group 2 - The estimated net proceeds from the placement, after deducting estimated expenses, are approximately HKD 74.53 million [1] - The company plans to allocate the net proceeds as follows: approximately HKD 44.72 million for acquiring advertising traffic from media platforms or authorized agents, about HKD 22.36 million to enhance research and development capabilities and improve services and products, and approximately HKD 7.45 million for general working capital purposes [1]

Group 1 - The company, Feitian Yundong (06610), announced a placement agreement to issue up to 433 million shares at a price of HKD 0.174 per share, targeting at least six subscribers [1] - The placement shares represent approximately 16.67% of the company's total issued share capital after the completion of the placement, assuming no other changes in the issued share capital [1] - The placement price of HKD 0.174 per share reflects a discount of about 19.82% compared to the closing price of HKD 0.2170 on September 9, 2025 [1] Group 2 - The estimated net proceeds from the placement, after deducting expenses, are approximately HKD 74.53 million [1] - The company plans to allocate the net proceeds as follows: approximately HKD 44.72 million for acquiring advertising traffic from media platforms or authorized agents, about HKD 22.36 million to enhance research and development capabilities and improve services and products, and approximately HKD 7.45 million for general working capital purposes [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。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。 （股份代號：6610） （於開曼群島註冊成立的有限公司） 根據一般授權配售新股份 配售代理 CNI SECURITIES GROUP 中国北 方证券集团 中國北方證券集團有限公司 配售事項 董事會宣佈，於2025年9月9日交易時段後，本公司與配售代理訂立配售協議， 據此，本公司同意透過配售代理按盡力基準以配售價每股配售股份0.174港元 向不少於六名承配人配售最多433,429,200股配售股份。 本公司將根據一般授權向承配人配發及發行配售股份。 截至本公告日期，本公司已發行2,167,146,000股股份（不包括庫存股份）。假設 於本公告日期及完成日期之間本公司已發行股本總額並無其他變動，且全部 433,429,200股配售股份均獲成功配售，則配售股份相當於(i)本公司截至本公 告日期已發行股本總額（不包括庫存股份）的20%；及(ii)緊隨 ...

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8月31日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: 飛天雲動科技有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2025年9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) | 06610 | 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 ...