Core Viewpoint - The company, LeTou Interactive (08198.HK), has entered into a subscription agreement with 500.com Limited for the subscription of 169 million shares, representing approximately 44.7% of the company's issued share capital, at a price of HKD 0.62 per share, which is a discount of about 10.1% from the closing price on January 27 [1][2] Group 1 - The net proceeds from the subscription are estimated to be approximately HKD 103 million, primarily intended for payment of acquisition costs related to the purchase of a 49% stake in a target company, Ganzi Prefecture Changhe Hydropower Consumption Service Co., Ltd., for RMB 88.2 million [1] - The target company was established in April 2019 and focuses on data processing and application software services [1] - The board of directors has proposed to increase the company's authorized share capital from HKD 55 million to HKD 65 million by creating an additional 100 million shares, subject to shareholder approval [2] Group 2 - Following the completion of the subscription, the offeror and its concert parties will hold approximately 54.26% of the enlarged issued share capital, assuming all share options are exercised [2] - The offeror is required to make a cash offer for all offer shares at HKD 0.75 per share, representing a premium of about 8.7% over the closing price on January 27 [3] - The offeror is a Cayman Islands registered company with a market capitalization of approximately USD 607 million as of January 27, 2021, and is one of the first companies in China to provide online lottery services [3][4]

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。 Crypto Flow Technology Limited 加幂科技有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8198） 於二零二五年五月二日舉行之 股東週年大會之投票表決結果 董 事 會 欣 然 宣 佈，日 期 為 二 零 二 五 年 四 月 十 日 之 股 東 週 年 大 會 通 告 所 載 之 所 有 已 提 呈 的 決 議 案，已 於 二 零 二 五 年 五 月 二 日 舉 行 之 股 東 週 年 大 會 上 獲 股 東 以 投 票表決方式正式通過。 茲 提 述 加 幂 科 技 有 限 公 司（「本公司」）日 期 為 二 零 二 五 年 四 月 十 日 之 通 函（「通 函」） 及 本 公 司 日 期 為 二 零 二 五 年 四 月 十 日 之 股 東 週 年 大 會（「股東週年大會」）通 告（「股 東週年大會通告」） ...

加幂科技有限公司 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 部份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。 Crypto Flow Technology Limited （於開曼群島註冊成立之有限公司） （股份代號：8198） 公司秘書及授權代表變更 加 幂 科 技 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，周 昭 敏 女 士（「周 女 士」）已 辭 任(i)本 公 司 之 公 司 秘 書（「公司秘書」）；(ii)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5.24條 項 下 本 公 司 授 權 代 表；及(iii) 根據香港法例第622章《公 司 條 例》第16部項下代表本公司於香港接收法律程序文件 及 通 知 之 本 公 司 授 權 代 表（統 稱「授權代表」），自 二 零 二 五 年 四 月 二 十 三 日 起 生 效。 ...

Crypto Flow Technology Limited 加幂科技有限公司 (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: 8198) Dear non-registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 8 February 2024 titled "Mandatory Electronic Dissemination of Corporate Communications", Crypto Flow Technology Limited (the "Company") is writing to remind you that the Company has adopted ...

Dear registered shareholder(s), （於開曼群島註冊成立之有限公司） (Stock Code 股份代號: 8198) Crypto Flow Technology Limited 加幂科技有限公司 (Incorporated in the Cayman Islands with limited liability) Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Note 1) With reference to the notification letter dated 8 February 2024 titled "Mandatory Electronic Dissemination of Corporate Communications", Crypto Flow Technology Limited (the "Company") is writing to remind you that the Company has ad ...

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 部份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 。 Crypto Flow Technology Limited 加幂科技有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8198） 股東週年大會通告 茲通告 加幂科技 有 限 公 司（「本公司」）將 於 二 零 二 五 年 五 月 二 日（星 期 五）上 午 十 一 時正於香港金鐘道89號力寶中心二座19樓1905室 舉 行 股 東 週 年 大 會（「大 會」），以 審 議 及 酌 情 批 准 以 下 普 通 決 議 案（無 論 有 否 修 訂）： 普通決議案 授出發行股份之一般授權 – 1 – 4. 「動 議： (a) 除本決議案(b)段 另 有 規 定 外，根 據 香 港 聯 合 交 易 所 有 限 公 司GEM證 券 上 市 規 則，一 般 及 無 條 件 批 准 董 事 於 有 關 期 間（定 義 見 下 文）行 使 本 公 ...

此乃要件 請即處理 Crypto Flow Technology Limited 加幂科技有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8198） 建議一般授權以發行股份及購回股份； 重選董事； 重新委任核數師； 及 股東週年大會通告 閣 下 對本通函任何內容或應採取之行動 如有任何疑問，應諮詢 閣下之股票經紀或其 他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓 名下所有 加幂科技 有限公司 股份，應立即將本通函連同隨附之代 表 委 任 表 格 送 交 買 主 或 承 讓 人，或 經 手 買 賣 或 轉 讓 之 銀 行、股 票 經 紀 或 其 他 代 理 商， 以便轉交買主或承讓人。 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通函內容概不負責，對其 準確性或完整性亦不發表聲明，並明確表示，概不就本通函全部或任何部份內容而產 生或因依賴該等內容而引致之任何損失承擔任何責任。 加幂科技 有 限 公 司 謹 訂 於 二 零 二 五 年 五 月 二 日（星 期 五）上 午 十 一 時 正 於 香 港 金 鐘 道89 號力寶中心二座19樓1905室 舉 行 股 東 ...

Cryptocurrency Mining Industry - The cryptocurrency mining industry is experiencing a critical turning point with the upcoming Bitcoin halving event, leading to a significant reduction in miner revenues and necessitating upgrades in technology and operational models[11]. - The company is optimistic about the future of the cryptocurrency mining industry, expecting improvements in efficiency and sustainability as the ecosystem matures[12]. - The company aims to diversify its revenue streams and maintain market competitiveness through the optimization of its mining operations[12]. Web3.0 Development - The company plans to invest a significant portion of the funds raised from the recent placement into the development of Web3.0 products, which represent a new stage in internet development[14]. - The company believes that the growing market demand for Web3.0 services remains unsaturated, positioning itself as a pioneer in capturing potential market share[13]. - The company has initiated research and development activities related to blockchain and Web 3.0 applications and infrastructure[35]. Data Center Operations - The company has successfully optimized its data center in Indiana, resulting in reduced power costs and stable cash flow, with no major incidents reported throughout the year[12]. - The establishment of a data center is expected to effectively position and set up operations for the analysis platform and DEX aggregator, expanding the company's business scale[13]. - The data center services generated revenue of approximately HKD 56,000,000, an increase of about HKD 34,000,000 compared to the same period in 2023, primarily due to the contribution from the new US data center[19]. Financial Performance - The company recorded total revenue of approximately HKD 58,100,000 for the year, an increase of HKD 32,900,000 compared to HKD 25,200,000 in the previous year[36]. - The company reported a loss of approximately HKD 13,100,000 for the year, a reduction of 57.2% from a loss of HKD 30,600,000 in the previous year[40]. - The lending business generated revenue of approximately HKD 2,100,000, a decrease of HKD 1,100,000 from HKD 3,200,000 in the previous year[38]. Lending Operations - The lending business recorded interest income of approximately HKD 1,800,000 for the year, with total revenue from the lending business amounting to about HKD 2,100,000[23]. - The company has implemented internal control measures to ensure risk management in its lending activities, safeguarding the interests of the company and its shareholders[24]. - The company has established a credit risk assessment process to evaluate potential clients' credit ratings, repayment ability, and overall credit risk[25]. Corporate Governance - The company emphasizes values such as innovation, sustainability, integrity, responsibility, and collaboration in its business operations[79][80][81]. - The management has committed to improving corporate governance practices and ensuring compliance with the GEM Listing Rules[77][78]. - The board consists of six members, with three independent non-executive directors, exceeding the GEM listing rule requirement of one-third[87]. Risk Management - The board is responsible for ensuring a robust internal control and risk management system to protect shareholder investments and the group's assets[131]. - The risk management policy provides a framework for identifying and assessing significant business, operational, financial, and compliance risks[133]. - The internal control system aims to protect assets from misappropriation and unauthorized disposal, managing operational risks[135]. Shareholder Communication - The company maintains effective communication with shareholders through various channels, ensuring timely and equal access to information[149]. - The board encourages shareholder participation in the annual general meeting, providing an opportunity for questions and discussions[147]. - The company supports corporate governance principles that encourage shareholder engagement and participation[147]. Employee and Director Compensation - Total compensation for directors and the CEO was approximately HKD 2,700,000 for the year ending December 31, 2024, up from HKD 2,000,000 in 2023[60]. - The company continues to provide employee compensation packages in line with market practices and past performance, including mandatory provident fund and medical insurance[60]. - The company employed a total of 36 employees as of December 31, 2024, compared to 18 employees in 2023[60]. Legal and Regulatory Compliance - The company continues to comply with relevant laws and regulations affecting its business operations[170]. - The company has faced various risks related to legal and regulatory compliance, particularly as it expands operations in Hong Kong and the United States, which may affect its reputation and legal liabilities[158]. - The company has not faced any environmental claims, lawsuits, penalties, or disciplinary actions during the year[168].

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 部份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。 Crypto Flow Technology Limited 加幂科技有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8198） 授出購股權 本 公 告 乃 由 加 幂 科 技 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「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23.06A 條而作出。 本 公 司 董 事（「董 事」）會（「董事會」）宣 佈，於 二 零 二 五 年 四 月 八 日（「授出日期」），本 公 司 根 據 本 公 司 於 二 零 二 二 年 十 二 月 二 十 八 日 有 條 件 採 納 之 購 股 權 計 劃（「購股權 計 劃」）向 本 集 團19名 合 資 格 參 與 者（統 稱「承授人」）授 出 合 共54,000 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 58,109,000, a significant increase of 130.5% compared to HKD 25,187,000 in the previous year[5] - The cost of sales and services for the same period was HKD 46,552,000, resulting in a gross profit of HKD 11,557,000, down 26.9% from HKD 15,751,000 in 2023[5] - The company recorded a loss before tax of HKD 13,081,000, an improvement from a loss of HKD 26,831,000 in the prior year, reflecting a reduction in operational losses[5] - The total comprehensive loss for the year was HKD 13,049,000, compared to HKD 30,548,000 in 2023, showing a 57.3% decrease in overall losses[7] - The loss attributable to owners of the company from continuing operations was HKD 13,049,000, compared to HKD 27,150,000 in the previous year, indicating improved financial health[7] - The group reported a pre-tax loss from continuing operations of HKD 13,081,000 for the year ending December 31, 2024, compared to a loss of HKD 26,831,000 in 2023, showing an improvement of 51.2%[30][33] - The group recorded a loss of approximately HKD 13,100,000, a reduction of HKD 17,500,000 or 57.2% compared to a loss of HKD 30,600,000 in the previous year[100] Expenses and Investments - Research and development expenses amounted to HKD 8,602,000, indicating a new investment in innovation as there were no R&D expenses reported in the previous year[5] - The company’s administrative expenses decreased to HKD 22,618,000 from HKD 28,742,000, representing a reduction of 21.4%[5] - The company incurred a net loss of HKD 46,552,000 in cost of sales and services for the fiscal year ending December 31, 2024, compared to HKD 9,436,000 in the previous year[46] - The company’s employee costs, including director remuneration, increased to HKD 17,035,000 in the fiscal year ending December 31, 2024, from HKD 8,331,000 in the previous year[46] - Research and development expenses for the Web3.0 business amounted to HKD 8,600,000, compared to none in the previous year[99] Assets and Liabilities - Total non-current assets increased to HKD 35,437,000 in 2024 from HKD 29,839,000 in 2023, representing a growth of approximately 18%[8] - Current assets decreased to HKD 33,982,000 in 2024 from HKD 40,303,000 in 2023, a decline of about 16%[8] - Current liabilities rose significantly to HKD 27,064,000 in 2024 from HKD 15,733,000 in 2023, an increase of approximately 72%[8] - Total equity decreased to HKD 36,829,000 in 2024 from HKD 49,878,000 in 2023, reflecting a decline of about 26%[10] - The total liabilities for the company in 2024 amounted to HKD 13.1 million, compared to HKD 6.85 million in 2023, indicating a significant increase[15] Revenue Sources - Revenue from big data center services reached HKD 56,009,000 in 2024, significantly up from HKD 22,037,000 in 2023, indicating an increase of 154.1%[23] - The group reported total revenue from continuing operations of HKD 9,587,000 in Hong Kong and HKD 48,522,000 in the United States for the fiscal year ending December 31, 2024[39] - The group recorded total revenue of approximately HKD 58,100,000, an increase of HKD 32,900,000 compared to HKD 25,200,000 in the previous year, representing a growth of 130.6%[96] - The data center services contributed approximately HKD 56,000,000 to revenue, an increase of HKD 34,000,000 from HKD 22,000,000 in the same period last year, reflecting a growth of 154.5%[96] - The lending business generated revenue of approximately HKD 2,100,000, a decrease of HKD 1,100,000 from HKD 3,200,000 in the previous year, representing a decline of 34.4%[97] Future Plans and Strategies - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[5] - The company aims to enhance its product offerings and explore potential mergers and acquisitions to strengthen its market position[5] - The company is focused on expanding its business in storage, power, and related services, as well as developing a Web3.0 platform[11] - The company plans to invest a significant portion of the funds raised from the successful placement on March 6, 2025, into the development of Web3.0 products[77] - The group plans to allocate approximately 35% of the net proceeds from a share placement for Web3.0-related development and new opportunities, and about 10.7% for expanding and enhancing data center capabilities[101] Compliance and Governance - The company has adopted new Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the current and prior years[16] - The company has complied with all provisions of the GEM Listing Rules Corporate Governance Code, except for the monthly updates to the board prior to October 2024[123] - The audit committee, consisting of three independent non-executive directors, has reviewed the financial statements for the year ending December 31, 2024[127] Operational Developments - The company is actively researching blockchain and Web3.0 applications, aiming to develop various products including analytical platforms and DEX aggregators[76] - The company’s data center optimization efforts have successfully reduced power supply costs and maintained stable operations without major incidents throughout the year[74] - The group has expanded its overseas business due to challenges in the Hong Kong cryptocurrency market, focusing on potential customers for its data center services[25] - The group is considering exploring joint ventures and other means to accelerate product development and market expansion[114]