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。 BetterLife Holding Limited 百得利控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6909） 盈利警告 本公告由百得利控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）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)(a)條及香港法例第 571章證券及期貨條例第XIVA部項下的內幕消息條文（定義見上市規則）刊發。 本公司董事會（「董事會」）謹此通知本公司股東及潛在投資者，基於對現時可得資料 （包括但不限於本集團截至2025年6月30日止六個月（「本期間」）的未經審核綜合管理 賬目）所作初步評估，本集團預期錄得本公司擁有人應佔溢利較截至2024年6月30日 止六個月的本公司擁有人應佔溢利約人民幣33.9百萬元減少不超過80%。 – 1 – 本公司股東及潛在投資者於買賣本公司股份時務請審慎行事。 承董事會命 百得利控股有限公司 董事長 周 ...

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，概不對因本公告的全部或任何部份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。 BetterLife Holding Limited 百得利控股有限公司 百得利控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，董事會會議 將於2025年8月28日（星期四）舉行，藉以（其中包括）(i)審議及批准本公司及其附屬 公司截至2025年6月30日止六個月的未經審核中期業績及其刊發；(ii)考慮派發中期 股息（如有）；及(iii)處理任何其他業務及事項。 承董事會命 百得利控股有限公司 董事長 周小波 香港，2025年8月18日 於本公告日期，執行董事為周小波先生、孫靖女士、徐濤先生及李丹女士；及獨立非執行董事為劉 登清先生、盧世東先生及褚福民博士。 本公告可於本公司網站www.blchina.com及香港聯合交易所有限公司網站www.hkexnews.hk瀏 覽。 （於開曼群島註冊成立的有限公司） （股份代號：6909） 董事會會議日期 ...

Core Viewpoint - The article highlights the contrasting experiences of individual car salespeople who can earn high incomes from selling popular new models, while traditional dealerships face significant financial challenges and a wave of closures due to declining profitability and market pressures [9][16][32]. Group 1: Sales Performance and Challenges - In late 2023, the launch of the AITO M9 saw salespeople achieving remarkable sales figures, with one salesperson selling 28 units in a month [6][8]. - Despite the potential for high earnings, the reality for many salespeople is marked by intense work pressure and high turnover rates, as many leave due to the demanding nature of the job [12][15]. - The sales environment is increasingly competitive, with new models from various brands entering the market, yet many salespeople report low sales during off-peak months [10][13]. Group 2: Dealership Financial Struggles - The China Automobile Dealers Association predicts that over 4,400 dealerships will close in 2024, with a loss rate among dealers reaching 41.7% [9][17]. - Price inversion affects 84.4% of dealerships, with over 60.4% experiencing a price drop exceeding 15% [17][18]. - Major dealership groups like Zhongsheng Holdings and Yongda Automotive are experiencing significant declines in new car sales and profitability, with some reporting net profit drops of over 80% [19][20]. Group 3: After-Sales Service as a Revenue Stream - After-sales services are becoming a crucial revenue source for traditional dealerships, with Zhongsheng Holdings reporting a 9.6% increase in after-sales revenue in 2024 [25][26]. - The focus on after-sales services is seen as a potential lifeline for dealerships struggling with new car sales [25][32]. Group 4: Industry Transformation and Future Outlook - The article discusses the need for dealerships to adapt to changing market conditions, emphasizing collaboration with manufacturers and a shift towards after-sales and user engagement strategies [32]. - The success of individual salespeople and mid-sized dealerships in the new energy vehicle market illustrates the potential for growth and adaptation within the industry [30][32]. - The ongoing transformation in the automotive industry highlights the importance of flexibility and innovation for both dealerships and sales personnel to thrive in a competitive landscape [32].

百得利控股(06909)发布公告，有关北京百得利集团与蒙商银行订立债权转让协议及北京百得利集团、 债务人及余瑶女士订立以资抵债协议的相关事宜。债权转让协议及以资抵债协议项下拟进行的交易已于 2025年8月4日完成交割。 于完成后，北京百得利集团已享有债权;极光置业已成为公司间接全资附属公司，且其财务业绩将综合 入账至公司财务报表;该等物业已由集团合法拥有;及全部目标业务已由集团合法拥有。 ...

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。 BetterLife Holding Limited 百得利控股有限公司 – 1 – 於完成後，(1)北京百得利集團已享有債權；(2)極光置業已成為本公司間接全資附 屬公司，且其財務業績將綜合入賬至本公司財務報表；(3)該等物業已由本集團合法 擁有；及(4)全部目標業務已由本集團合法擁有。 承董事會命 百得利控股有限公司 董事長 周小波 香港，2025年8月4日 （於開曼群島註冊成立的有限公司） （股份代號：6909） 完成關於收購 (1)債權； (2)極光置業； (3)目標業務；及 (4)該等物業的 非常重大收購事項 茲提述百得利控股有限公司（「本公司」）日期為2024年10月21日、2024年10月22日、 2024年11月1日、2024年11月7日及2025年1月24日的公告及本公司日期為2025年3 月5日的通函（「該通函」），內容有關（其中包括）關於收購(1)債權；(2)極光置業；(3) 目標業 ...

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 | | | 致：香港交易及結算所有限公司 公司名稱: 百得利控股有限公司 呈交日期: 2025年8月1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) | 06909 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.01 | HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 | HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD 10,000,000 F ...

Company Overview - BetterLife Holdings Limited, founded in 1998 and headquartered in Beijing, aims to provide a "Better Life" for customers, employees, and society [2] - The company has established itself as a leading ultra-luxury automobile dealership group with 15 4S dealerships across major cities in China, including brands like Bentley, Porsche, BMW, and Mercedes-Benz [2] - BetterLife focuses on comprehensive automotive-related products and services, including sales, after-sales service, and value-added services such as automotive finance and used car brokerage [2] Financial Performance - As of December 31, 2024, BetterLife reported total revenue of 8.746 billion yuan, a year-on-year decrease of 18.48% [1] - The company experienced a net loss attributable to shareholders of 24.059 million yuan, a significant decline of 142.35% compared to the previous year [1] - The gross profit margin stood at 3.19%, with a debt-to-asset ratio of 43.69% [1] Market Position and Valuation - BetterLife's price-to-earnings (P/E) ratio is -13.9, ranking 50th in the industry, while the average P/E ratio for the professional retail industry is 13.85 [1] - The company has underperformed the Hang Seng Index, with a year-to-date decline of 38%, compared to the index's increase of 19.99% [1] - In the past month, BetterLife's stock has seen a cumulative increase of 19.59%, closing at 0.67 HKD per share, with a trading volume of 356,000 shares [1]

Core Viewpoint - The recent ceasefire agreement between Israel and Iran has boosted market confidence, leading to a significant rebound in the automotive sector, which ended a five-week decline [2][8]. Automotive Sector Performance - Last week was an excellent time to buy automotive stocks, as nearly 90% of the 100 tracked Chinese automotive stocks saw price increases, with an average gain of 5.32%, outperforming major stock indices [3][8]. - The total market capitalization of Chinese automotive stocks rose by approximately 400 billion to 10.75 trillion [3]. - All six major segments of the automotive sector shifted from a downward trend to an upward one, particularly in the intelligent driving, new energy, and commercial vehicle segments [3][8]. Notable Stock Performances - The top-performing stocks included Guoxuan High-Tech, which surged by 24.94%, and Hesai Technology, which rose by 21.48% [4][12]. - Other significant gainers included Baideli Holdings (20.45%), Ankai Bus (18.55%), and Haima Automobile (17.15%) [4]. - Stocks related to solid-state batteries and autonomous driving concepts were key drivers of this rally, with several companies experiencing gains exceeding 10% [5][6]. Declining Stocks - Despite the overall positive trend, some stocks in the passenger vehicle segment, such as BYD and XPeng Motors, experienced slight declines, with BYD's stock dropping by 1.77% [7][8]. - Jianghuai Automobile led the declines with a drop of 3.39%, although this was attributed to a correction following previous gains [7]. Market Outlook - The automotive industry is undergoing significant changes, with a focus on solid-state batteries and autonomous driving technologies, which are expected to continue influencing stock performance [8].

Financial Performance - In 2024, BetterLife Holding Limited experienced an overall revenue decline of approximately 18.5%, totaling around RMB 8.746 billion[9]. - The net profit shifted from approximately RMB 844 million in 2023 to a net loss of about RMB 162 million in 2024, impacted by a non-cash loss of approximately RMB 310.8 million from the closure of the Foshan store[9]. - Revenue from vehicle sales amounted to approximately RMB 7,482.8 million, a decrease of about 20.6%, accounting for approximately 85.6% of total revenue[24]. - Gross profit decreased by approximately 51.8% to about RMB 278.7 million, with a gross margin decline from approximately 5.4% to about 3.2%[29]. - The company's pre-tax profit plummeted by approximately 93.3% to about RMB 8.9 million[34]. - The net loss for the year was approximately RMB 16.2 million, compared to a profit of approximately RMB 84.4 million in the previous year, resulting in a net profit margin of about -0.2%[36]. - Total equity as of December 31, 2024, was approximately RMB 2,739.0 million, down from approximately RMB 2,893.2 million a year earlier[40]. - The company's loan and borrowings decreased by approximately 0.7% to about RMB 438.4 million[41]. - The debt-to-equity ratio was approximately 16.0% as of December 31, 2024, compared to about 15.3% a year earlier[41]. - As of December 31, 2024, cash and cash equivalents amounted to approximately RMB 899.4 million, a decrease from RMB 977.1 million as of December 31, 2023[42]. Vehicle Sales and Market Trends - Total vehicle sales reached 18,905 units in 2024, a slight increase of about 0.7% compared to 2023, while new vehicle sales decreased by approximately 12.9% to 14,271 units[9]. - The average selling price of vehicles dropped from approximately RMB 550,000 in 2023 to about RMB 490,000 in 2024[9]. - Second-hand vehicle sales surged by 94.0%, compensating for the decline in new vehicle sales[9]. - The market share of new energy vehicles has rapidly exceeded 50% due to the efforts of various brands in this sector[11]. - In 2024, the online signing rate for new car sales reached 100%, with an online payment rate of approximately 85.6%[14]. Strategic Initiatives and Acquisitions - The company anticipates potential acquisition opportunities in the current market environment, despite facing significant pressure in the European luxury car brand market[10]. - Management is focused on strategic goals to navigate the new market conditions and enhance operational systems[10]. - The company is focusing on strategic acquisitions and optimizations of existing high-end brands to adapt to market changes[12]. - The company plans to introduce reliable new energy luxury car brands to meet the growing consumer demand in the future[16]. - The company aims to leverage its strong market position and strategic partnerships with luxury car manufacturers to capitalize on future growth opportunities[25]. Operational Efficiency and Customer Engagement - The company has established a business intelligence platform covering "users - scenarios - data," enhancing customer engagement and operational efficiency[13]. - The company has implemented a standardized central management system across its dealerships, improving operational efficiency and customer experience[21]. - The company has established a comprehensive service model, including customized services and after-sales support, enhancing customer interaction and loyalty[22]. - The number of customers using the company's mini-program reached approximately 265,900, with a customer satisfaction rate of about 96.6%[14]. - The absorption rate of after-sales service income, including commissions, increased from about 107.4% to 135.3%[9]. Corporate Governance and Compliance - The company has established a strong corporate governance framework to ensure transparency and accountability to shareholders[158]. - The board of directors confirmed the independence of all independent non-executive directors as of the report date[94]. - The company has adopted a board diversity policy to maintain a competitive advantage through a diverse board composition, considering factors such as gender, age, and professional qualifications[175]. - The company has complied with the corporate governance code during the fiscal year, with minor deviations noted[170]. - The company has appointed several independent non-executive directors with significant expertise in finance and asset evaluation to enhance governance[61][63][65]. Environmental and Social Responsibility - The company has taken strict environmental protection measures to comply with current environmental laws and regulations[74]. - The company has a commitment to sustainable development, emphasizing the importance of employees, customers, and business partners in achieving this goal[154]. - The company has implemented strict policies to manage operational risks, including procurement and production efficiency[144]. Employee and Talent Management - The company emphasizes the importance of talent diversification to enhance its core competitiveness and service quality[13]. - The number of employees increased to 1,450 as of December 31, 2024, from 1,440 as of December 31, 2023[50]. - The company is committed to employee development and has implemented stock option and share reward plans to recognize contributions to growth[145]. Shareholder Information and Dividends - The board proposed a final dividend of RMB 0.02 per share, totaling approximately RMB 12.3 million, subject to shareholder approval at the annual general meeting on May 30, 2025[79]. - The proposed final dividend for the year ending December 31, 2024, is RMB 0.02 per share, a decrease from RMB 0.03 per share in 2023, pending shareholder approval at the annual general meeting on May 30, 2025[166]. - The company maintained a public float of at least 25% of its issued shares as required by the listing rules as of the report date[86].

Financial Performance - For the year ended December 31, 2024, the revenue was approximately RMB 8,746.0 million, a decrease of about 18.5% compared to RMB 10,728.5 million for the year ended December 31, 2023[2] - The group reported a loss of approximately RMB 16.2 million for the year, compared to a profit of RMB 84.4 million for the year ended December 31, 2023, resulting in a net profit margin decrease to approximately -0.2%[2] - Revenue from automobile sales was approximately RMB 7,482.8 million, a decrease of about 20.6% from RMB 9,409.0 million in the previous year[2] - The company’s basic and diluted loss per share was RMB 0.04, compared to earnings per share of RMB 0.09 in the previous year[4] - The company reported a pre-tax loss of RMB 24,059,000 for 2024, compared to a profit of RMB 56,813,000 in 2023[25] - The company reported a loss attributable to equity holders of approximately RMB 24.1 million for the year ending December 31, 2024, compared to a profit of approximately RMB 56.8 million for the year ending December 31, 2023[68] Sales and Market Performance - The total number of passenger cars sold was 18,905, representing an increase of approximately 0.7% from 18,758 units sold in the previous year[2] - New car sales in 2024 were 14,271 units, down approximately 12.9% from 2023, while total vehicle sales slightly increased by about 0.7% to 18,905 units[40] - The average selling price of new cars decreased from approximately RMB 550,000 in 2023 to about RMB 490,000 in 2024[40] - The sales of used cars surged by 94.0%, compensating for the decline in new car sales[40] - Revenue from automobile sales was approximately RMB 7,482.8 million, a decrease of about 20.6%, accounting for approximately 85.6% of total revenue[56] Profitability and Expenses - The gross profit for the year was RMB 278.7 million, down from RMB 578.4 million in the previous year, indicating a significant decline in profitability[4] - Operating profit decreased to RMB 40.7 million from RMB 180.9 million in the previous year, reflecting a challenging operating environment[4] - The company's gross profit was approximately RMB 278.7 million, a decrease of about 51.8%, with a gross margin dropping from approximately 5.4% to about 3.2%[60] - Selling and distribution expenses decreased by approximately 6.3% to about RMB 529.8 million, representing about 6.1% of total revenue[62] - Administrative expenses decreased by approximately 12.8% to about RMB 212.0 million, accounting for about 2.4% of total revenue[63] Cash Flow and Assets - As of December 31, 2024, the net cash position was approximately RMB 461.0 million, down from RMB 535.7 million as of December 31, 2023[2] - Cash and cash equivalents decreased to RMB 450,605,000 in 2024 from RMB 858,471,000 in 2023, a decline of about 47.5%[35] - The company’s total assets decreased to RMB 5,863.8 million from RMB 5,713.6 million in the previous year, indicating a slight contraction in asset base[6] - The company reported a total inventory of RMB 857,503,000 as of December 31, 2024, compared to RMB 833,364,000 in 2023, indicating an increase of about 2.9%[30] - The asset-liability ratio as of December 31, 2024, was approximately 43.7%, with net cash amounting to RMB 460 million[40] Dividends and Shareholder Value - The company declared an interim dividend of RMB 0.03 per share, totaling RMB 37,350,000, compared to RMB 18,675,000 in 2023[24] - The board proposed a final dividend of RMB 0.02 per share for the current year, down from RMB 0.03 per share for the year ending December 31, 2023, totaling approximately RMB 12.3 million[69] - The total equity attributable to shareholders decreased to RMB 2,621.3 million from RMB 2,693.4 million, reflecting a decline in shareholder value[7] Strategic Initiatives and Market Trends - The company is focusing on optimizing its development plans, brand structure, and regional structure to enhance risk resistance amid market challenges[42] - The market share of new energy vehicles has rapidly surpassed 50%, indicating a significant shift in consumer preferences[42] - The company plans to focus on the development of the new energy vehicle market and aims to introduce reliable new energy luxury car brands to meet growing consumer demand[48] - The company has invested in digital infrastructure, creating a business intelligence platform that enhances customer engagement and operational efficiency[45] - Strategic acquisitions and optimizations are being pursued to strengthen the company's position in the high-end automotive market[44] Customer Engagement and Satisfaction - The number of customers using the Baide Li mini-program reached approximately 265,900, covering all existing and new customers, with a customer satisfaction rate of about 96.6%[47] - The customer satisfaction rate reached approximately 96.6%, with the number of users on the Baide Li mini-program reaching about 265,900[58] - The company emphasizes a customer-centric approach with personalized services, including detailed assistance during the car purchasing process and comprehensive after-sales services[54] Operational Efficiency - The company has implemented standardized central management across its extensive 4S dealership network, enhancing operational efficiency and customer experience[53] - The company has established an intelligent business platform covering "users - scenarios - data," integrating various online transaction systems and enhancing operational efficiency[53] - The company recognized revenue of RMB 166,470,000 from contract liabilities at the beginning of the reporting period, compared to RMB 171,336,000 in 2023[21] Workforce and Corporate Governance - The workforce increased to 1,450 employees as of December 31, 2024, compared to 1,440 employees as of December 31, 2023[81] - The nomination committee's composition changed, with Liu Dengqing appointed as the new chairman to enhance corporate governance[95] - The audit committee has reviewed the group’s accounting principles and policies, discussing matters related to auditing and financial reporting for the year ending December 31, 2024[88]