Core Viewpoint - The company Youzan (08083) has experienced a stock price increase of over 5% following the announcement of positive earnings expectations for the upcoming six months ending June 30, 2025 [1] Financial Performance - The expected revenue for the six months ending June 30, 2025, is projected to increase from approximately RMB 686 million to between RMB 709 million and RMB 719 million, representing an increase of approximately RMB 22.67 million to RMB 32.67 million, or about 3.3% to 4.8% [1] - The operating net cash flow for the same period is expected to shift from a net outflow of approximately RMB 68.24 million to a net inflow of approximately RMB 83 million, indicating an increase of about RMB 151 million [1] - The net profit for the six months is anticipated to be between RMB 68 million and RMB 74 million, a significant turnaround from a net loss of approximately RMB 4.295 million in the same period last year [1] Factors Contributing to Performance - The turnaround to profitability is primarily attributed to an overall increase in revenue, enhanced operational efficiency through the widespread use of AI tools, and the elimination of costs related to intangible assets that were amortized by the end of 2024 [1]

Group 1: Regulatory Developments - The Hong Kong Monetary Authority (HKMA) has released guidelines for stablecoin issuers, which will be implemented starting August 1, 2025 [1] - Institutions interested in applying for a license are encouraged to contact the HKMA by August 31, 2025, with a deadline for applications set for September 30, 2025 [1] - Predictions suggest that major tech companies like Ant Group and JD.com may be among the first to receive licenses due to their blockchain expertise and application scenarios [1][1] Group 2: Market Performance - The Hong Kong Stock Exchange reported an average daily turnover of HKD 240.2 billion for the first half of 2025, marking a significant year-on-year increase of 118% [5] - The growth in trading volume is attributed to the expansion of the ETF mutual market and the continuous listing of new ETF products, with ETF daily turnover rising to HKD 33.8 billion, a 184% increase year-on-year [5] Group 3: Company Developments - Macau's hotel industry saw an average occupancy rate of 89.1% in the first half of 2025, an increase of 5.1 percentage points year-on-year [6] - In the first half of 2025, Huaneng International Power Co. reported a net profit of approximately RMB 9.262 billion, a year-on-year increase of 24.26% [15] - Youzan expects to achieve a net profit of approximately RMB 68 million to RMB 74 million for the six months ending June 30, 2025, compared to a net loss of RMB 4.295 million in the same period last year [13]

消息面上，有赞发布公告，集团截至2025年6月30日止六个月的取得收益与去年同期相比，预计将由约 人民币6.86亿元增加到约人民币7.09亿元至人民币7.19亿元，即增加约人民币2267.1万元至人民币3267.1 万元(约3.3%至4.8%)。 有赞(08083)盈喜后涨超5%，截至发稿，涨5.22%，报0.122港元，成交额250.92万港元。 集团截至2025年6月30日止六个月的净利润，将约人民币6800万元至人民币7400万元，而去年同期为净 亏损约人民币429.5万元。净利润扭亏为盈主要得益于整体收入提升；随着AI工具的广泛使用及经营效 率提升，人均产出同比提高；及因历史收购形成的无形资产已于2024年年末完成摊销，相关费用影响消 除。 集团截至2025年6月30日止六个月的经营性净现金流与去年同期相比，预计将由净流出约人民币6824.4 万元增加到净流入约人民币8300万元，即增加约人民币1.51亿元。 ...

Core Viewpoint - The company Youzan (08083) experienced a stock price increase of over 5% following the announcement of positive earnings expectations for the upcoming six months ending June 30, 2025 [1] Financial Performance Summary - The company's revenue is expected to rise from approximately RMB 686 million to between RMB 709 million and RMB 719 million, representing an increase of about RMB 22.67 million to RMB 32.67 million, or 3.3% to 4.8% [1] - Operating net cash flow is projected to shift from a net outflow of approximately RMB 68.24 million to a net inflow of around RMB 83 million, indicating an increase of approximately RMB 151 million [1] - Net profit is anticipated to be between RMB 68 million and RMB 74 million, a significant turnaround from a net loss of approximately RMB 4.295 million in the same period last year [1]

集团截至2025年6月30日止六个月的净利润，将约人民币6800万元至人民币7400万元，而去年同期为净 亏损约人民币429.5万元。净利润扭亏为盈主要得益于(i)整体收入提升;(ii)随着AI工具的广泛使用及经营 效率提升，人均产出同比提高;及(iii)因历史收购形成的无形资产已于2024年年末完成摊销，相关费用影 响消除。 智通财经APP讯，有赞(08083)发布公告，集团截至2025年6月30日止六个月的取得收益与去年同期相 比，预计将由约人民币6.86亿元增加到约人民币7.09亿元至人民币7.19亿元，即增加约人民币2267.1万元 至人民币3267.1万元(约3.3%至4.8%); 集团截至2025年6月30日止六个月的经营性净现金流与去年同期相比，预计将由净流出约人民币6824.4 万元增加到净流入约人民币8300万元，即增加约人民币1.51亿元;及 ...

Core Viewpoint - Youzan (08083) is expected to report an increase in revenue and a turnaround to profitability for the six months ending June 30, 2025, driven by improved operational efficiency and the impact of AI tools [1] Financial Performance - The company's revenue is projected to rise from approximately RMB 686 million to between RMB 709 million and RMB 719 million, representing an increase of about RMB 22.67 million to RMB 32.67 million, or approximately 3.3% to 4.8% [1] - Operating cash flow is expected to shift from a net outflow of approximately RMB 68.24 million to a net inflow of approximately RMB 83 million, indicating an increase of about RMB 151 million [1] - Net profit is anticipated to be between RMB 68 million and RMB 74 million, compared to a net loss of approximately RMB 4.295 million in the same period last year, marking a significant turnaround to profitability [1] Factors Contributing to Performance - The turnaround to profitability is attributed to several factors: 1. Overall revenue growth 2. Increased productivity per employee due to the widespread use of AI tools and improved operational efficiency 3. The elimination of costs related to intangible assets that were amortized by the end of 2024 [1]

1 香港交易及結算所有限公司以及香港聯合交易所有限公司（「聯交所」）對本公告之內容概不負 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之任何損失承擔任何責任。 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 團截至二零二五年六月三十日止六個月之未經審核綜合管理賬目的初步評估及目前可得資 料： （於百慕達註冊成立之有限公司） （股份代號：8083） 正面盈利預告 • 本集團截至二零二五年六月三十日止六個月之錄得收益與去年同期相比，預計將由約人 民幣686,329,000元增加到約人民幣709,000,000元至人民幣719,000,000元，即增加約人民 幣22,671,000元至人民幣32,671,000元（約3.3%至4.8%)； • 本集團截至二零二五年六月三十日止六個月之經營性淨現金流與去年同期相比，預計 將由淨流出約人民幣68,244,000元增加到淨流入約人民幣83,000,000元，即增加約人民幣 151,244,000元；及 本公告由有贊科技有限公司（「本公司」，連同其附屬公司統稱 ...

（於百慕達註冊成立之有限公司） （股份代號：8083） 董事會會議通告 香港交易及結算所有限公司以及香港聯合交易所有限公司（「聯交所」）對本公告之內容概不負 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之任何損失承擔任何責任。 於本公告日期，董事會由兩名執行董事朱寧先生及俞韜先生；以及四名獨立非執行董事方志華 博士、鄧濤先生、李少傑先生及李青陽女士組成。 本公告之資料乃遵照GEM上市規則而刊載，旨在提供有關本公司之資料；董事願就本公告之 資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後，確認就其所知及所信，本公 告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並無遺漏任何事項，足以令 致本公告或其所載任何陳述產生誤導。 本公告將由刊登日期起計最少七天刊載於聯交所網站www.hkexnews.hk的「最新上市公司公告」 網頁及本公司網站www.youzan.com。 有贊科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）之董事（「董事」）會（「董事會」） 謹此宣佈將於二零二五年八月十一日舉行董事會會議，以考慮及批准（其 ...

Core Viewpoint - Youzan Technology's payment subsidiary has officially changed its name to "Beijing Youzan Payment Co., Ltd." and is the first retail technology service company to obtain a payment license in China [1][2]. Group 1: Company Developments - The registered capital of Youzan Payment has increased from 150 million yuan to 200 million yuan, reflecting a commitment to long-term development in the payment business [1][3]. - The name change is a response to regulatory requirements and aims to clarify the brand positioning of "Youzan Payment," enhancing recognition and trust among merchants and partners [2][3]. Group 2: Regulatory Compliance - The formal name change of Youzan Payment complies with the "Non-Bank Payment Institutions Supervision Management Regulations," which require non-bank payment institutions to obtain approval from the People's Bank of China and include "payment" in their names [3]. Group 3: Business Strategy - The additional investment of 50 million yuan will primarily be used to strengthen technology research and development, risk management systems, and service capabilities, ensuring safer, more efficient, and stable payment solutions for merchants [3]. - Youzan Payment has exited the operation of Class II stored value accounts and is focusing on enhancing its payment services [3]. Group 4: Product Offerings - Youzan Payment has launched two core products: "Youzan Collection" and "Youzan Distribution." Youzan Collection allows customers to receive payments through various methods, including WeChat Pay, Alipay, and bank cards, even without purchasing Youzan's SaaS products [5]. - Youzan Distribution supports flexible revenue sharing models for supply chain, secondary distribution, and franchise operations, processing both orders that go through Youzan Payment and those that do not [5]. - The company aims to continue adhering to compliance, safety, and efficiency principles while leveraging its strong SaaS ecosystem to enhance payment services and contribute to the growth of the digital economy [5].

Summary of Key Points Core Viewpoint - On June 25, 28 Hong Kong-listed companies conducted share buybacks totaling 31.02 million shares, with a total buyback amount of 708 million HKD [1][2]. Group 1: Major Buybacks - Tencent Holdings repurchased 979,000 shares for 500 million HKD, with a highest price of 514.50 HKD and a lowest price of 508.50 HKD, bringing its total buyback amount for the year to 35.04 billion HKD [1][2]. - AIA Group repurchased 2.5 million shares for 177 million HKD, with a highest price of 71.70 HKD and a lowest price of 70.05 HKD, totaling 14.54 billion HKD in buybacks for the year [1][2]. - Andeli Juice repurchased 500,000 shares for 8.73 million HKD, with a highest price of 17.50 HKD and a lowest price of 17.22 HKD, totaling 7.50 million HKD in buybacks for the year [1][2]. Group 2: Buyback Statistics - The highest buyback amount on June 25 was from Tencent Holdings at 500 million HKD, followed by AIA Group at 177 million HKD [1][2]. - In terms of share quantity, Youzan had the highest buyback volume with 13 million shares, followed by Ying Group and China Electric Power with 5 million shares and 3.8 million shares, respectively [1][2]. - Notably, companies like Dexin Services and Jinyong Investment conducted their first buybacks of the year on this date [2].