Revenue and Profitability - For the six months ended September 30, 2025, Bingo Group Holdings Limited generated revenue of approximately HK$1.2 million and gross profit of HK$0.6 million from its Cinema Business, representing a slight increase from HK$0.9 million and HK$0.5 million in the same period of 2024[17][21]. - The Group recorded a total turnover of approximately HK$28.9 million, representing an increase of approximately HK$25.7 million compared to approximately HK$3.2 million in Period 2024[54]. - Revenue from the New Media Businesses of Xingfeng and Xingyu contributed approximately HK$24.6 million during the Period[54]. - Revenue for the six months ended September 30, 2025, was HK$28,900,000, a significant increase from HK$3,225,000 in the same period of 2024, representing a growth of 795%[100]. - Gross profit for the period was HK$4,702,000, compared to HK$2,799,000 in the previous year, indicating a year-over-year increase of 68%[100]. - Revenue from the cinema business increased to HK$1,156,000 from HK$893,000, reflecting a growth of 29.5% year-over-year[116]. - Revenue from new media exploitations surged to HK$27,114,000, compared to HK$1,727,000 in the previous year, indicating a remarkable increase of 1,471%[116]. Financial Position - As of 30 September 2025, the Group's total assets were approximately HK$75.8 million, up from HK$53.4 million as of 31 March 2025, with cash and cash equivalents decreasing by 9.2% to approximately HK$36.5 million[58]. - The debt ratio as of 30 September 2025 was approximately 1.60, slightly up from 1.59 as of 31 March 2025, indicating the Group's liabilities exceed its assets[58]. - The Group recorded total revenue of approximately HK$28.9 million, an increase of approximately HK$25.7 million compared to HK$3.2 million in the previous period, primarily driven by the rapid development of its new media business[57]. - The Group incurred a loss of approximately HK$13.9 million for the Period, an increase of approximately HK$2.3 million compared to the loss of HK$11.6 million for Period 2024[55]. - The company reported a loss before taxation of HK$12,716,000 for the six months ended September 30, 2025, compared to a loss of HK$11,224,000 in the same period of 2024[120]. - The total comprehensive loss for the period was HK$14,154,000, up from HK$11,621,000 in the prior year, marking an increase of 21.8%[101]. Investments and Projects - The Group has invested HK$3.8 million in two film projects during the period, which have not yet been completed, resulting in no revenue generated[23]. - Significant cash payments were received from Beijing iQIYI during the year ended March 31, 2025, indicating confidence that this business segment will drive future revenue over the next five years[24]. - The Group is in the process of finalizing additional filmed entertainment projects, indicating ongoing expansion in this sector[18]. - The Group's investment in Hangzhou Jiyi Artificial Intelligence Technology Company, which owns the AIGC model "Xingyi," represents a 12% equity interest and is seen as a promising opportunity in the gaming sector[92]. - The Group has confirmed an online TV series production with Beijing iQIYI, with the production yet to be launched as of September 30, 2025[18]. Strategic Partnerships and Licensing - The Group continues to focus on Filmed Entertainment, New Media Exploitations, Licensing Businesses, and Cinema Business, with ongoing developments in these areas[15][20]. - A strategic cooperation framework agreement was established with Beijing iQIYI and Zhouling Culture & Media, effective from August 31, 2024, to July 31, 2029, for co-producing various media projects[31]. - The licensing agreement for "King of Comedy" and "New King of Comedy" generated service fees totaling RMB 7.0 million (approximately HK$7.7 million), with RMB 2.8 million (approximately HK$3.0 million) recognized as revenue during the period[25]. - The Group holds licenses for multiple IPs, including "Mermaid" and "King of Comedy," and plans to explore various commercialization opportunities such as merchandising and gamification[81]. - The successful licensing of "King of Comedy" and "The New King of Comedy" to Beijing iQIYI is expected to enhance audience reception and broaden reach for related programs, significantly boosting the value of the Company's IP resources[84]. Operational Challenges and Future Outlook - The revenue from the Cinema Business remained low due to unsatisfactory conditions in the film market of the PRC during the reporting period[17][21]. - The Group plans to adopt a more prudent approach in its cinema business due to the deterioration of the overall cinema market in China[73]. - The Group is adopting a more cautious approach towards its cinema business due to the significant decline in the overall cinema industry in mainland China, which has not met previous economic growth expectations[76]. - The Group's performance metrics indicate a cautious optimism for future revenue growth despite current market challenges[17][21]. - The Group is confident that the film entertainment business will become a significant revenue driver in the next five years despite no revenue generated in the current period[24]. Administrative and Operational Expenses - Administrative expenses increased from approximately HK$6.6 million in Period 2024 to approximately HK$21.2 million during the Period[55]. - Total staff costs, including directors' remuneration, were approximately HK$8.2 million during the period, an increase of approximately HK$2.9 million compared to HK$5.3 million in the previous period, mainly due to expenses related to the new media business[70]. - The company incurred finance costs of HK$1,262,000 for the six months ended September 30, 2025, compared to HK$1,144,000 in the previous year, an increase of 10.3%[100]. Share Capital and Equity - The share capital increased to HK$10,350,000 as of September 30, 2025, from HK$10,265,000 as of March 31, 2025, reflecting a growth of 0.83%[103]. - The total number of issued and fully paid ordinary shares increased to 103,495,000 from 102,645,000, reflecting an increase of 850,000 shares due to the share option scheme[180]. - The total principal of convertible bonds issued to Mr. Chiau was HK$19,000,000, with 69,090,090 shares to be allotted upon full exercise of these bonds[198].

Core Viewpoint - The company reported a significant increase in revenue driven by the rapid development of its new media business, despite a loss attributable to owners. Group 1: Financial Performance - The company achieved a revenue of HKD 28.9 million for the six months ending September 30, 2025, representing a year-on-year increase of 796.12% [1] - The loss attributable to owners was HKD 11.903 million, reflecting a year-on-year increase of 3.43% [1] - The basic loss per share was HKD 0.1155 [1] Group 2: Business Development - The overall revenue increase was primarily due to the rapid growth of the company's new media business [1] - The newly launched Xingfeng and Huoyu new media businesses contributed approximately HKD 24.6 million to the revenue during this period [1]

Core Viewpoint - The company reported a significant increase in revenue driven by the rapid development of its new media business, despite posting a loss attributable to shareholders. Group 1: Financial Performance - The company achieved a revenue of 28.9 million HKD for the six months ending September 30, 2025, representing a year-on-year increase of 796.12% [1] - The loss attributable to shareholders was 11.9 million HKD, which reflects a year-on-year increase of 3.43% [1] - The basic loss per share was reported at 11.55 HKD cents [1] Group 2: Business Development - The increase in overall revenue was primarily due to the rapid growth of the company's new media business [1] - The newly launched media initiatives, Xingfeng and Huoyu, contributed approximately 24.6 million HKD to the revenue during the period [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 28,900,000, an increase from HKD 3,225,000 in the same period of 2024[4] - Gross profit for the same period was HKD 4,702,000, compared to HKD 2,799,000 in 2024, reflecting a significant improvement[4] - The company reported a loss before tax of HKD 12,716,000, compared to a loss of HKD 11,224,000 in the previous year, indicating a worsening financial position[4] - Total comprehensive loss for the period was HKD 14,154,000, up from HKD 11,621,000 in 2024, highlighting ongoing challenges[6] - Basic and diluted loss per share was HKD 11.55, slightly worse than HKD 11.21 in the same period last year[4] - The group reported a net loss before tax of HKD 12,716,000 for the six months ended September 30, 2025[14] - The total loss attributable to the owners of the company for the six months ended September 30, 2025, was HKD 11,903,000, compared to HKD 11,508,000 for the same period in 2024[27] - The group recorded a loss of approximately HKD 13,900,000, slightly increasing by about HKD 2,300,000 compared to a loss of HKD 11,600,000 in the same period of 2024[64] Revenue Breakdown - Revenue from cinema operations was HKD 1,156,000 for the current period, up from HKD 893,000 in the previous year[12] - New media development business revenue surged to HKD 27,114,000, compared to HKD 1,727,000 in the prior year, indicating a growth of over 1,470%[12] - The cinema business generated revenue of approximately HKD 1,200,000 and gross profit of HKD 600,000 during the period, compared to HKD 900,000 and HKD 500,000 in the same period last year, indicating a slight increase in revenue and gross profit[47] - Revenue from the joint venture Star Bee was approximately RMB 2,200,000 (approximately HKD 2,400,000) during the period[62] - The joint venture Huo Yu generated revenue of approximately RMB 20,300,000 (approximately HKD 22,200,000) during the period[63] Expenses and Liabilities - The company incurred administrative expenses of HKD 21,254,000, significantly higher than HKD 6,631,000 in the previous year, indicating increased operational costs[4] - Financing costs for the period were HKD 1,262,000, compared to HKD 1,144,000 in 2024, reflecting rising interest expenses[4] - The company incurred direct expenses of HKD 23,676 million related to new media development for the six months ended September 30, 2025[22] - Total liabilities reached HKD 85,111 million, including convertible bonds of HKD 17,180 million[15] - Other payables and accrued expenses amounted to HKD 87,202,000 as of September 30, 2025, compared to HKD 57,727,000 as of March 31, 2025[35] Assets and Equity - Total assets amounted to HKD 75,762,000, with total liabilities at HKD 121,010,000, resulting in a negative net asset value of HKD 45,248,000[8] - Cash and cash equivalents decreased to HKD 36,506,000 from HKD 40,226,000, reflecting a decline of approximately 17.5%[8] - The group’s non-current assets totaled HKD 15,532,000, while current assets were HKD 60,230,000, indicating a strong asset base[7] - The group’s total equity showed a capital deficit of HKD 45,248,000 as of September 30, 2025[8] - The fair value of the investment in Hangzhou Jiyi was approximately HKD 13,300,000, accounting for about 17.6% of the group's total assets[67] Strategic Initiatives - The company has not provided specific guidance for future performance, but the ongoing losses suggest a need for strategic reassessment[4] - The group is expanding its new media development and licensing business, expecting significant growth during the fiscal year 2025/2026 and throughout the contract period until at least August 31, 2029[74] - The group has secured IP rights for several titles, including "Mermaid" and "King of Comedy," and plans to diversify the monetization of these IPs through various channels[75] - The licensing of "King of Comedy" and "New King of Comedy" to Beijing iQIYI is expected to enhance audience engagement and increase the value of the group's IP resources[76] - The company has entered into a strategic cooperation agreement with Beijing iQIYI and Zhou Ling Cultural Media, which includes potential collaboration on film and television productions, with iQIYI taking on distribution and financing roles[52] Corporate Governance - The company has established an Audit Committee in compliance with GEM Listing Rules, responsible for reviewing financial reports and providing recommendations to the board[84] - All directors have adhered to the trading rules regarding securities transactions as per GEM Listing Rules, confirming compliance as of September 30, 2025[85] - The company has maintained compliance with the corporate governance code as of September 30, 2025, with some deviations noted[86] - The board of directors includes executive directors Zhou Xingchi, Zhou Wenji, Wang Peng, Liu Wenjie, and Zeng Fengzhu, along with independent non-executive directors Cai Meiping, Xu Yongde, and Chen Yiqing[96] Employment and Staff Costs - As of September 30, 2025, the group employed 98 staff in China and Hong Kong, with total employee costs amounting to approximately HKD 8,200,000, an increase of about HKD 2,900,000 compared to the previous period[71]

( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) BINGO GROUP HOLDINGS LIMITED 比高集團控股有限公司 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 。 執行 董 事 劉文傑 香港 ， 二零 二 五年 十一 月 十四 日 1 於本 公 告日 期，董 事會 成 員包 括 執行 董事 周 星馳 先 生、周文 姬 女士、王 鵬 先生、 劉文 傑 先生 及 曾鳳 珠女 士；以及 獨 立非 執行 董 事蔡 美 平女 士、徐永得先 生 及陳 乙 晴女 士 。 (股 份 代 號 ： 8 2 20 ) 董事會會議日期 比高 集 團控 股 有限 公司（「本公司 」）之董 事（「董 事 」）會（「董事會 」）謹 此宣 佈，本公 司 將 於二 零 二五 年 十一 月二十七日（ 星 期 四）舉 行 董事 會 會 議，藉 ...

Group 1 - The core viewpoint of the article highlights the continued upward trend of Hong Kong's film stocks, particularly Cat's Eye Entertainment, which saw an initial surge of over 8% and has recorded seven consecutive days of gains [1] - The total box office for the film market as of November 10, 2025, has reached 45.018 billion yuan, with expectations that the annual box office will exceed 50 billion yuan due to the upcoming release of four major films [1] - The four films set to be released include "Zootopia 2," "Now You See Me 3," "Demon Slayer: Infinity Castle Chapter One," and "Avatar: Fire and Ash," all of which are well-known IPs with a solid audience base [1] Group 2 - Citigroup's recent research report has initiated a 30-day positive catalyst observation for Cat's Eye Entertainment, driven by the upcoming release of the major animated film "Demon Slayer," scheduled for November 14, with Cat's Eye serving as its distributor [1] - The stock performance of related companies shows Cat's Eye Entertainment at 7.920 yuan with a 4.90% increase, and other companies like Da Mai Entertainment and IMAX China also showing positive movements [1]

Core Viewpoint - The Hong Kong film stocks continue to rise, with notable increases in companies like Maoyan Entertainment and Damai Entertainment, driven by upcoming film releases and positive market data [1] Group 1: Market Performance - Maoyan Entertainment's stock price surged over 8% in early trading, marking a seven-day consecutive increase [1] - Damai Entertainment, which rose 8.5% yesterday, continued to increase by 2% [1] - Other companies such as Ningmeng Film, Big High Group, and IMAX China also experienced upward movement in their stock prices [1] Group 2: Box Office Data - As of November 10, 2025, the total box office for the film market reached 450.18 billion yuan [1] - There are four upcoming films expected to be released within the next month, which could help the annual box office surpass 500 billion yuan [1] - The four films include "Zootopia 2," "Now You See Me 3," "Demon Slayer: Infinity Castle Chapter One," and "Avatar: Fire and Ash," all of which are well-known IPs with a solid audience base [1] Group 3: Analyst Insights - Citigroup's recent report has initiated a 30-day positive catalyst observation for Maoyan Entertainment, driven by the anticipated release of the animated film "Demon Slayer," scheduled for November 14, with Maoyan as the distributor [1]

Group 1 - The Hong Kong film stocks have generally risen, with Huayi Brothers leading with a gain of over 13%, followed by DMG Entertainment up 5.3%, and Straw Bear Entertainment up nearly 2% [1] - According to data from Maoyan Professional Edition, the box office for the year 2025 (including pre-sales) has exceeded 45 billion, with "Ne Zha," "Detective Chinatown 1900," and "Nanjing Photo Studio" ranking as the top three films [1] - Analysts indicate that both short-term and long-term factors are favorable for the Chinese film industry, with positive developments in policies, markets, and technology driving recovery and high-quality growth [1] Group 2 - The revival of global cultural exchanges has allowed Chinese film companies and works to become active again at international film festivals such as Cannes, Berlin, and Venice, creating more opportunities for co-productions, distribution, and international collaboration [1] - The stock performance of various companies is as follows: Huayi Brothers at 0.325 with an increase of 8.33%, DMG Entertainment at 0.990 with an increase of 5.32%, Straw Bear Entertainment at 0.540 with an increase of 1.89%, and others showing modest gains [1]

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 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 比高集團控股有限公司 呈交日期: 2025年11月5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) | 08220 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | 本月底法定/註冊 ...

BINGO GROUP HOLDINGS LIMITED （於開曼群島註冊成立之有限公司） (股份代號：8220) 董事名單與其角色及職能 蔡美平 徐永得 陳乙晴 董事會設立三個委員會。下表提供各董事會成員在這些委員會中擔任的職位。 比高集團控股有限公司 比高集團控股有限公司董事會(「董事會」)成員載列如下。 執行董事 周星馳 周文姬 王鵬（董事長） 劉文傑 曾鳳珠 獨立非執行董事 | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | 周星馳 | - | - | - | | --- | --- | --- | --- | --- | --- | --- | --- | | 周文姬 | - | 成員 | - | 王鵬 | - | - | - | | 劉文傑 | - | - | - | 曾鳳珠 | - | - | - | | 蔡美平 | 成員 | 主席 | 主席 | 徐永得 | 主席 | 成員 | 成員 | | 陳乙晴 | 成員 | 成員 | 成員 | | | | | 香港，二零二五年十月二十八日 ...