Core Viewpoint - The company, 找钢集团-W (06676.HK), has revised its profit forecast, now expecting a net loss attributable to shareholders of approximately RMB 480 million to RMB 520 million for the six months ending June 30, 2025, instead of the previously stated net profit of RMB 140 million to RMB 180 million [1] Financial Performance - For the six months ending June 30, 2024, the company reported a net loss attributable to shareholders of approximately RMB 76 million [1] - The revision is primarily due to a further review of the fair value changes of convertible preferred shares [1] Fair Value Assessment - According to the latest assessment, the estimated non-cash gain from the fair value changes of preferred shares and financial liabilities measured at fair value through profit or loss for the six months ending June 30, 2025, is approximately RMB 110 million, significantly lower than the previously reported RMB 769 million [1]

Core Viewpoint - The company, Zhang Steel Group-W (06676), has revised its profit forecast, now expecting a net loss attributable to shareholders of approximately RMB 480 million to RMB 520 million for the six months ending June 30, 2025, instead of the previously stated net profit of RMB 140 million to RMB 180 million [1] Financial Performance - For the six months ending June 30, 2024, the company reported a net loss attributable to shareholders of approximately RMB 76 million [1] - The revision is primarily due to a further review of the fair value changes of convertible preferred shares [1] Fair Value Assessment - The estimated non-cash gain from the fair value changes of preferred shares and financial liabilities measured at fair value through profit or loss for the six months ending June 30, 2025, is approximately RMB 110 million, significantly lower than the previously reported RMB 769 million [1]

Core Viewpoint - The company, 找钢集团-W (06676.HK), has issued a profit warning indicating a significant expected loss for the six months ending June 30, 2025, contrary to previous expectations of profit [1][2] Group 1: Financial Performance - The company anticipates a net loss attributable to shareholders of approximately RMB 4.8 billion to RMB 5.2 billion for the six months ending June 30, 2025, compared to a previously stated profit of RMB 1.4 billion to RMB 1.8 billion [1] - For the six months ending June 30, 2024, the company recorded a net loss attributable to shareholders of approximately RMB 76 million [1] - The update is primarily due to a further review of the fair value changes of convertible preferred shares [1] Group 2: Non-Cash Accounting Impact - The estimated non-cash gain from the fair value changes of preferred shares and financial liabilities measured at fair value is approximately RMB 110 million, significantly lower than the previously reported RMB 769 million [1] - The fair value gain is accounted for as a non-cash item and does not affect the company's cash flow [2] - The adjusted net loss (non-IFRS measurement) for the six months ending June 30, 2025, remains unchanged, estimated between RMB 87 million and RMB 127 million, compared to approximately RMB 64 million for the same period in 2024 [2]

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。 ZG Group 找鋼產業互聯集團 （於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） 本集團截至2025年6月30日止六個月之財務表現詳情將根據上市規則於本公司分 別預期將於2025年8月底前後及2025年9月底前後刊發的中期業績公告及中期報告 內披露。 正面盈利預告之最新資料 本公告乃本公司根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2)條以及證券及期貨條例（香港法例第571章）第XIVA部之內幕消息條文而 作出。 茲提述本公司日期為2025年8月19日的公告（「該公告」），內容有關本公司的正面 盈利預告。除另有界定者外，本公告所用詞彙與該公告所界定者具有相同涵義。 董事會謹此向股東及潛在投資者提供最新資料，根據對未經審核財務資料的 最新評估（本公司核數師審閱過程進行中），本集團預期截至2025年6月30日止 六個月將錄得本公司擁有人應佔虧損淨額 ...

Core Viewpoint - The company, Zhaogang Group, anticipates a significant turnaround in its financial performance for the six months ending June 30, 2025, projecting a net profit attributable to shareholders between approximately RMB 140 million and RMB 180 million, compared to a net loss of approximately RMB 76 million for the same period in 2024 [1][4]. Financial Performance - The adjusted net loss (non-IFRS measurement) is expected to range from approximately RMB 87 million to RMB 127 million for the six months ending June 30, 2025, compared to an adjusted net loss of approximately RMB 64 million for the same period in 2024 [4]. - The company attributes the shift from loss to profit primarily to a non-cash gain of approximately RMB 769 million resulting from the fair value changes of financial liabilities, which was a significant improvement from a non-cash loss of approximately RMB 4 million in the same period last year [2]. Business Operations - Zhaogang Group is an investment holding company that, along with its subsidiaries, provides integrated services across the entire value chain of steel trading, including online steel commerce, logistics, warehousing, and processing services [3]. - The company has been focusing on expanding its overseas strategic initiatives, which have led to a substantial increase in gross profit from overseas trading operations [2]. Future Reporting - The financial performance details for the six months ending June 30, 2025, will be disclosed in the interim results announcement and interim report, which are expected to be published around the end of August and September 2025, respectively [3].

Major Events - CSPC Pharmaceutical Group (01093) received clinical trial approval for Dupilumab injection in China [1] - Rongchang Biopharmaceutical (09995) was granted breakthrough therapy designation for RC148 for non-small cell lung cancer by the National Medical Products Administration [1] - China Biologic Products (01177) included LM-302 "CLDN18.2 ADC" in the breakthrough therapy program [1] - Sunshine Oilsands (02012) plans to acquire 51% stake in Noble Technology Limited for HKD 50.91945 million [1] - Galenica Pharmaceutical-B (01672) plans to issue shares at a discount of approximately 9.9%, raising HKD 468 million [1] Financial Performance - Xiaomi Group-W (01810) reported record high revenue and profit for Q2, with attributable profit of HKD 11.904 billion, up 133.51% year-on-year [1] - Pop Mart (09992) announced a mid-term profit of HKD 4.574 billion, a year-on-year increase of 396.5% [1] - Fuyao Glass (03606) reported a half-year net profit of approximately HKD 4.805 billion, up 37.33% year-on-year [1] - China Resources Beer (00291) announced a mid-term profit of HKD 5.789 billion, an increase of 23.04% year-on-year [1] - Kunlun Energy (00135) reported a mid-term profit of HKD 3.161 billion, down 4.36% year-on-year, with a dividend of HKD 0.166 per share [1] - WuXi Biologics (02269) reported a mid-term profit of approximately HKD 2.339 billion, up 56% year-on-year [1] - Sunny Optical Technology (02382) announced a mid-term profit of HKD 1.646 billion, an increase of 52.56% year-on-year [1] - Yixin Group (02858) reported an adjusted net profit of HKD 648 million, up 28% year-on-year [1] - Kangchen Pharmaceutical (01681) reported a mid-term profit of HKD 498 million, up 24.6% year-on-year, maintaining market leadership with its flagship product [1] - Ping An Good Doctor (01833) reported a mid-term profit of HKD 134 million, a year-on-year increase of 136.84% [1] - China Communication Services (02342) reported a mid-term profit of HKD 61.781 million, returning to profitability [1] - XPeng Motors-W (09868) achieved record levels in core business and financial metrics for Q2, with a net loss of HKD 480 million, narrowing by 62.8% year-on-year [1] - Guochuang Tongqiao (02190) reported a mid-term profit of HKD 121 million, up 76% year-on-year [1] - Yanda Pharmaceutical (00512) reported record revenue of HKD 6.107 billion [1] - Jinli Permanent Magnet (06680) reported a mid-term profit of approximately HKD 305 million, up 154.81% year-on-year [1] - Zhaogang Group-W (06676) issued a profit warning, expecting a mid-term profit of approximately HKD 140 million to HKD 180 million, returning to profitability [1] - Longyuan Power (00916) reported a mid-term profit of HKD 3.519 billion, down 14.4% year-on-year [1] - Yancoal Australia (03668) reported a mid-term profit of AUD 16.3 million, down 61.19% year-on-year [1] - SF Holding (06936) reported total revenue of HKD 24.847 billion for July in logistics, supply chain, and international business, up 9.95% year-on-year [1] - Chow Sang Sang (00116) expects a mid-term profit from continuing operations of approximately HKD 900 million to HKD 920 million [1]

Core Viewpoint - The company, 找钢集团-W (06676.HK), anticipates a significant turnaround in its financial performance, projecting a net profit attributable to shareholders between approximately RMB 140 million and RMB 180 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 76 million for the same period in 2024 [1] Financial Performance - The expected shift from loss to profit is primarily attributed to the fair value changes of preferred shares and financial liabilities measured at fair value through profit or loss, resulting in a non-cash gain of approximately RMB 769 million for the current period, compared to a non-cash loss of approximately RMB 4 million in the same period last year [1] - The gain is mainly derived from the conversion of convertible preferred shares into ordinary shares through a special purpose acquisition company (SPAC) merger, which has been confirmed by the company's auditors [1] Strategic Developments - The company has been actively pursuing its overseas strategy, leading to a significant increase in gross profit from overseas trading operations [1]

Group 1 - The company expects to achieve a net profit attributable to shareholders of approximately RMB 140 million to RMB 180 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 76 million for the six months ending June 30, 2024 [1] - The adjusted net loss attributable to shareholders is expected to be approximately RMB 87 million to RMB 127 million for the six months ending June 30, 2025, compared to an adjusted net loss of approximately RMB 64 million for the six months ending June 30, 2024 [1] - The adjusted net loss is defined as profit/loss excluding certain items such as fair value changes of convertible preferred shares and warrants, share-based payments, professional fees related to special purpose acquisition company (SPAC) transactions, and expenses arising from capital restructuring [1] Group 2 - The turnaround from loss to profit is primarily due to fair value changes of financial liabilities measured at fair value through profit or loss, resulting in a non-cash gain of approximately RMB 769 million, compared to a non-cash loss of approximately RMB 4 million in the same period of 2024 [2] - This gain mainly arises from the conversion of convertible preferred shares into ordinary shares through a SPAC transaction, which has been confirmed by the company's auditors [2] - The adjusted net loss has widened mainly due to the cessation of services under the financial technology solutions, specifically the "Fat Cat White Bill" and "Fat Cat Easy Purchase" [2]

Group 1 - The company expects to achieve a net profit attributable to shareholders of approximately RMB 140 million to RMB 180 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 76 million for the six months ending June 30, 2024 [1] - The adjusted net loss attributable to shareholders is expected to be approximately RMB 87 million to RMB 127 million for the six months ending June 30, 2025, compared to an adjusted net loss of approximately RMB 64 million for the six months ending June 30, 2024 [1] - The adjusted net loss is defined as profit or loss excluding certain items such as fair value changes of convertible preferred shares and warrants, share-based payments, professional fees related to special purpose acquisition company transactions, and expenses arising from capital restructuring [1] Group 2 - The turnaround from loss to profit is primarily due to fair value changes in financial liabilities measured at fair value through profit or loss, resulting in a non-cash gain of approximately RMB 769 million, compared to a non-cash loss of approximately RMB 4 million in the same period of 2024 [2] - This gain mainly arises from the conversion of convertible preferred shares into ordinary shares through a special purpose acquisition company transaction, which has been confirmed by the company's auditors [2] - The adjusted net loss has widened mainly due to the cessation of certain financial technology solutions, specifically the "Fat Cat White Bill" and "Fat Cat Easy Purchase" under transaction support settlement services [2]

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。 ZG Group 找鋼產業互聯集團 （權證代號：2572） 正面盈利預告 本公告乃本公司根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2)條以及證券及期貨條例（香港法例第571章）第XIVA部之內幕消息條文而 作出。 本公司董事（「董事」）會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資 者，根據對本集團截至2025年6月30日止六個月之未經審核綜合管理賬目之初 步審閱及董事會現時可得資料，本集團預期截至2025年6月30日止六個月將錄 得本公司擁有人應佔溢利淨額介乎約人民幣140,000,000元至人民幣180,000,000 元，而截至2024年6月30日止六個月則錄得本公司擁有人應佔虧損淨額約人民幣 76,000,000元。此外，本集團預期截至2025年6月30日止六個月將錄得本公司擁有 人應佔經調整虧損淨額（定義見下文，為非國際財務報告準則（「國際財務報告準 則」 ...