Janco Holdings Limited 駿高控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (Stock Code 股份代號: 8035) NOTIFICATION LETTER 通知信函 Dear registered holder, 28 August 2025 Janco Holdings Limited (the "Company") Notice of Publication of Interim Report 2025 (the "Current Corporate Communication(s)") The English and Chinese versions of the Company's Current Corporate Communication(s) are available on the Company's website at www.jancofreight.com (select the "Announcements & Circulars" ...

Financial Performance - Revenue for the six months ended June 30, 2025, was HKD 101,621,000, a decrease of 19.2% compared to HKD 125,692,000 for the same period in 2024[7] - Gross profit for the period was HKD 5,668,000, down 49.5% from HKD 11,252,000 in the previous year[7] - Operating loss increased to HKD 8,447,000 from HKD 6,183,000 year-on-year, reflecting a deterioration in operational performance[7] - The net loss for the period was HKD 10,127,000, compared to a net loss of HKD 7,998,000 in the same period last year, representing a 26.6% increase in losses[8] - Basic and diluted loss per share was HKD 1.71, compared to HKD 1.33 for the same period in 2024, indicating a worsening loss per share[8] - The company reported a total comprehensive loss of HKD 9,684,000 for the period, compared to HKD 8,033,000 in the previous year, reflecting a 20.6% increase in comprehensive losses[8] - The company recorded a pre-tax loss of HKD 10,127,000 for the six months ended June 30, 2025, compared to a loss of HKD 8,259,000 for the same period in 2024[27] - Loss attributable to owners increased by HKD 2.2 million to HKD 10.2 million, primarily due to reduced revenue and gross profit from air and sea freight agency services and logistics[69] Assets and Liabilities - Non-current assets decreased to HKD 42,732,000 as of June 30, 2025, from HKD 56,594,000 at the end of 2024, a decline of 24.5%[10] - Current assets also decreased to HKD 68,442,000 from HKD 85,451,000, reflecting a reduction of 20%[10] - Total liabilities decreased to HKD 59,291,000 from HKD 78,841,000, a reduction of 24.8%[11] - Net assets decreased to HKD 18,698,000 from HKD 33,185,000, indicating a decline of 43.8%[11] - The total equity attributable to owners decreased to HKD 32,678,000 as of June 30, 2025, from HKD 42,475,000 at the beginning of the year, primarily due to accumulated losses[13] - The company’s accumulated losses reached HKD (43,756,000) as of June 30, 2025, reflecting ongoing financial challenges[13] Cash Flow - The net cash generated from operating activities for the six months ended June 30, 2025, was HKD 14,686,000, an increase of 40.0% compared to HKD 10,468,000 in the same period of 2024[15] - The net cash used in investing activities for the same period was HKD (526,000), a decrease from HKD (1,779,000) in 2024, indicating improved investment efficiency[15] - The net cash used in financing activities increased to HKD (14,377,000) from HKD (9,895,000) in 2024, reflecting higher financing costs or activities[15] - Cash and cash equivalents increased to HKD 13,471,000 as of June 30, 2025, up from HKD 10,458,000 at the same time last year, indicating improved liquidity[15] - The company’s cash and cash equivalents at the beginning of the year were HKD 13,245,000, showing a positive cash flow trend over the period[15] Revenue Breakdown - The air freight segment generated external sales of HKD 34,031,000 in 2025, up from HKD 43,979,000 in 2024, a decline of about 22.5%[27] - The logistics and warehousing segment reported external sales of HKD 38,938,000 in 2025, compared to HKD 42,771,000 in 2024, reflecting a decrease of approximately 9.1%[27] - Air freight service revenue decreased from HKD 44.0 million to HKD 34.0 million, a drop of HKD 10.0 million, attributed to local strikes in Dhaka affecting air freight tonnage[58] - Sea freight service revenue declined from HKD 14.7 million to HKD 11.6 million, a decrease of HKD 3.1 million, due to a slight drop in consolidated shipping volumes[58] - Logistics and warehousing service revenue decreased from HKD 42.8 million to HKD 38.9 million, reflecting no significant changes compared to the previous period[58] - E-commerce revenue fell from HKD 24.3 million to HKD 17.0 million, a decrease of HKD 7.3 million, due to additional tariffs imposed by the U.S. on all imports from China[58] Shareholder Information - As of June 30, 2025, the company has 600,000,000 shares issued, with Mr. Lo Wai Wah holding 2,150,000 shares, representing approximately 0.36% of the total shares[90] - Major shareholder Million Venture Holdings Limited owns 170,300,000 shares, accounting for 28.38% of the total shares[96] - Ms. Tai Choi Wan, Noel holds 156,154,000 shares through spouse rights, representing 26.03% of the total shares[96] - Pacific Crouch Limited, another major shareholder, possesses 152,994,000 shares, which is 25.50% of the total shares[96] - Mr. Cheng Han Yat holds 3,160,000 shares, representing approximately 0.53% of the total shares[96] - The company has not purchased, redeemed, or sold any shares during the reporting period[87] Corporate Governance - The audit committee has reviewed the unaudited condensed consolidated financial statements and believes they comply with applicable accounting standards and GEM listing rules[115] - The company has adopted the corporate governance code as per GEM listing rules and believes it has complied with the code provisions during the reporting period[111] - There are no significant events to disclose after the reporting period up to the date of this mid-term report[112] - The mid-term report will be available on the company's website and the Hong Kong Stock Exchange website for at least seven days from the publication date[116]

Core Viewpoint - Jun Gao Holdings (08035.HK) anticipates a significant increase in losses for the six months ending June 30, 2025, projecting a loss attributable to shareholders between approximately HKD 10 million and HKD 11 million, compared to a loss of about HKD 8 million for the same period ending June 30, 2024 [1] Financial Performance - The projected loss is primarily attributed to a decrease in gross profit from air and sea freight forwarding services [1] - There is also a reduction in gross profit and gross profit margin from logistics and warehousing services [1] - Despite these challenges, the group recorded an increase in gross profit from e-commerce fulfillment services [1] - Administrative and selling expenses decreased, mainly due to reductions in legal and professional fees, as well as lower salaries and allowances [1]

Core Viewpoint - Jun Gao Holdings (08035) anticipates a significant increase in losses for the six months ending June 30, 2025, projecting a loss attributable to shareholders between approximately HKD 10 million and HKD 11 million, compared to a loss of about HKD 8 million for the same period ending June 30, 2024 [1] Group 1: Financial Performance - The projected loss for the six months ending June 30, 2025, is primarily attributed to a decrease in gross profit from air and sea freight forwarding services [1] - There is also a reduction in gross profit and gross profit margin from logistics and warehousing services [1] Group 2: Positive Developments - Despite the anticipated losses, the company has seen an increase in gross profit from e-commerce fulfillment services [1] - Administrative and selling expenses have decreased, mainly due to reductions in legal and professional fees, as well as lower salaries and allowances [1]

Group 1 - The company expects a loss attributable to shareholders of approximately HKD 10 million to HKD 11 million for the six months ending June 30, 2025, compared to a loss of approximately HKD 8 million for the six months ending June 30, 2024 [1] - The anticipated loss for the period ending June 30, 2025, is primarily due to a decrease in gross profit from air and sea freight forwarding services, as well as a reduction in gross profit and gross profit margin from logistics and warehousing services [1] - Despite the above challenges, the company has seen an increase in gross profit from e-commerce fulfillment services and a reduction in administrative and selling expenses, mainly due to decreased legal and professional fees, as well as lower salaries and allowances [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 佈 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會就本公佈全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本公佈乃由駿高控股有限公司（「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（「 聯 交 所 」）GEM 證 券 上 市 規 則（「 GEM 上 市 規 則 」）第 17.10條及香港法例第571章證券及期貨條例第XIVA部而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者， 根 據對 本集 團 截至 2025 年6 月30 日 止 六個 月的 未經 審 核綜 合管 理 賬目 的初 步 審閱 以 及目 前可 獲 得的 資料 ，與 截 至2024 年 6 月 30 日止 六 個月 的本 公 司擁 有人 應 佔虧 損約8.0百萬港元相比，本集團預期截至2025年6月30日止六個月錄得本公司擁有 人應佔虧損介乎約10.0百萬港元至約11.0百萬港元。 截至 202 ...

Core Viewpoint - Jun Gao Holdings (08035) announced that Mr. Liang Yuxi will resign as a non-executive director effective from August 15, 2025 [1] Company Summary - Jun Gao Holdings is undergoing a leadership change with the resignation of a key non-executive director [1]

格隆汇8月15日丨骏高控股(08035.HK)公告，自2025年8月15日起：(1)梁宇希辞任非执行董事。 ...

智通财经APP讯，骏高控股(08035)公布，自2025年8月15日起，梁宇希先生辞任非执行董事。 ...

香港聯合交易所有限公司 （香港交易及結算所有限公司之全資附屬公司） 附錄五 上市申請表格 F 表格 GEM 公司資料報表 檔案編號﹕不適用_ FF003G 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資料報表的內容概 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資料報 表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。 公司名稱： Janco Holdings Limited(駿高控股有限公司) 證券代號（普通股）： 8035 本資料報表列載若干有關在香港聯合交易所有限公司（「交易所」）GEM 上市的 上述公司（「該公司」）的資料。該等資料乃遵照香港聯合交易所有限公司《GEM 上市規則》（「《GEM 上市規則》」）的規定而提供，旨在向公眾提供有關該公司的 資料。該等資料將會在互聯網上的 GEM 網頁展示。本資料報表不應視作有關該 公司及╱或其證券的完整資料概要。 本報表的資料乃於二零二五年八月十五日更新。 A. 一般資料 | 註冊成立地點： | | 開曼群島 | | --- | --- | --- | | 在 GEM 首次上市日期： | | 二零一六年十月七 ...