Core Viewpoint - Feitian Yundong (06610.HK) has successfully completed a placement of 433 million new shares at a price of HKD 0.174 per share, raising approximately HKD 74.53 million for strategic investments in advertising and R&D [1] Group 1: Share Placement Details - The placement involved issuing 433 million new shares, which represents approximately 20% of the issued shares prior to completion and about 16.67% of the enlarged issued share capital post-placement [1] - The net proceeds from the placement, after deducting commissions and related expenses, amount to approximately HKD 74.53 million [1] Group 2: Use of Proceeds - Approximately 60% of the net proceeds, or about HKD 44.72 million, will be allocated to acquiring advertising traffic from media platforms or authorized agents to enhance the company's AR/VR marketing services in domestic and international markets [1] - About 30% of the net proceeds, or approximately HKD 22.36 million, will be used to strengthen the company's R&D capabilities and improve its service and product offerings [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。 （股份代號：6610） （於開曼群島註冊成立的有限公司） 完成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 – 1 – 據董事經作出一切合理查詢後所深知、盡悉及確信，(i)承配人及╱或其各自的 最終實益擁有人均為獨立第三方且與本公司及其關聯人士概無任何關連，亦 無一致行動；及(ii)緊隨配售事項後，概無承配人將成為本公司主要股東。 所得款項用途 經扣除配售佣金及其他相關開支後，配售事項所得款項淨額（「所得款項淨額」） 約為74.53百萬港元。本公司計劃以下文概述的方式使用所得款項淨額： – 2 – (i) 所得款項淨額約60%或約44.72百萬港元將分配用於從媒體平台或其授權代 理獲取廣告流量，旨在加強本集團在境內外市場的AR/VR營銷服務； (ii) 所得款項淨額約30%或約22.36百萬港元將用於增強本集團的研發能力以及 改進其 ...

（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) NOTIFICATION LETTER 通知信函 Dear Non-registered Holder(s) (Note 1) , 26 September 2025 By the order of the Board Flowing Cloud Technology Ltd Wang Lei Chairman Note: 各位非登記持有人 （附註1） ： 飛天雲動科技有限公司（「本公司」） — 刊發2025年中期報告之發佈通知（「本次公司通訊」） 本公司的本次公司通訊之中、英文版本已分別上載於本公司網站( www.flowingcloud.com )及香港聯合交易所有限公司（「聯交所」）之網站 ( www.hkexnews.hk )（「網站版本」）。本公司建議 閣下閱覽本公司本次公司通訊的網站版本。 Flowing Cloud Technology Ltd (the "Company") — N ...

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]

Group 1 - The company, Feitian Cloud, announced a placement of up to 433 million shares at a price of HKD 0.174 per share, representing a discount of approximately 19.82% from the closing price on the announcement day [1] - The expected net proceeds from the placement are approximately HKD 74.53 million, which will be allocated to advertising traffic acquisition (about 60%), research and development (about 30%), and general working capital (about 10%) [1]

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]