公司名稱: 亞勢備份軟件開發有限公司 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12月31日 狀態: 新提交 致：香港交易及結算所有限公司 呈交日期: 2026年1月2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) | 08290 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | ...

公司名稱: 亞勢備份軟件開發有限公司 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11月30日 狀態: 新提交 致：香港交易及結算所有限公司 呈交日期: 2025年12月3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) | 08290 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 ...

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 第 1 頁 共 10 頁 v 1.1.1 公司名稱: 亞勢備份軟件開發有限公司 呈交日期: 2025年11月3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) | 08290 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | ...

呈交日期: 2025年10月2日 I. 法定/註冊股本變動 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 亞勢備份軟件開發有限公司 | 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) | 08290 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | ...

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8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: 亞勢備份軟件開發有限公司 呈交日期: 2025年9月3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) | 08290 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | ...

Ahsay Backup Software Development Company Limited 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，並表明概不就因本公告全部或任何部份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。 上述補充資料並不影響二零二四年年報所披露的其他資料。除上文所披露者外， 二零二四年年報所載的其他資料均維持不變。 承董事會命 亞勢備份軟件開發有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8290） 有關二零二四年年報 的補充公告 茲提述亞勢備份軟件開發有限公司（「本公司」）於二零二五年三月二十一日刊 發截至二零二四年十二月三十一日止年度的年度報告（「二零二四年年報」）。 除另有指明外，本公告所用詞彙與二零二四年年報所界定者具有相同涵義。 本公告乃為提供二零二四年年報的補充資料而刊發。 購股權計劃的補充資料 除二零二四年年報「董事會報告—購股權計劃」一節所披露的資料外，本公司 謹此提供以下有關本公司於二零一五年九月四日所採納的購股權計劃（「二零 一五年購股權計劃」）的補充資料。 1. 截至二零二四年一 ...

亞勢備份軟件開發有限公 司 （於開曼群島註冊成立的有限公司） 股份代號 : 8290 中期報告 2025 KINTIPS KINBOY KINTIPS KINBOY 亞勢備份軟件開發有限公 司 ( Incorporated in the Cayman Islands with limited liability ) Stock Code : 8290 INTERIM REPORT 2025 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高投資風險。 有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較大的市場波動風險，同 時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示，概不對因本報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。 本報告乃遵照香港聯合交易所有限公司GEM證券 ...

Core Viewpoint - The company reported a revenue of HKD 18.9 million for the six months ending June 30, 2025, representing a year-on-year decline of 8.2% while net loss narrowed to HKD 181,000, a reduction of 85.1% [1] Financial Performance - Revenue for the period was HKD 18.9 million, down 8.2% compared to the previous year [1] - The net loss was HKD 181,000, significantly reduced by 85.1% year-on-year [1] - Basic loss per share was HKD 0.01 [1] Factors Influencing Performance - The reduction in loss was primarily due to increased foreign exchange gains from the appreciation of foreign currency bank balances [1] - Optimized market strategies led to a decrease in marketing and advertising expenses [1] - A reduction in average employee numbers contributed to lower employee costs [1] - However, the revenue from online backup services was negatively impacted by the overall weakness in the global economy and reduced demand for the company's services [1]

Core Viewpoint - The company reported a revenue of HKD 18.9 million for the six months ending June 30, 2025, representing a year-on-year decline of 8.2% while narrowing its net loss to HKD 181,000, a decrease of 85.1% compared to the previous year [1] Financial Performance - Revenue for the period was HKD 18.9 million, down 8.2% year-on-year [1] - The net loss was HKD 181,000, which is a significant improvement, narrowing by 85.1% year-on-year [1] - Basic loss per share was HKD 0.01 [1] Contributing Factors - The reduction in loss was primarily due to an increase in foreign exchange gains from the appreciation of foreign currency bank balances [1] - Optimized market strategies led to a decrease in marketing and advertising expenses [1] - A reduction in employee costs was achieved due to a decrease in the average number of employees [1] - However, the revenue from online backup services was negatively impacted by the overall weakness of the global economy and reduced demand for the company's services [1]

[Announcement Information](index=1&type=section&id=%E5%85%AC%E5%91%8A%E4%BF%A1%E6%81%AF) This section highlights the characteristics of the GEM market, emphasizing its higher investment risks for small and medium-sized companies, and clarifies the responsibilities of the Company's directors regarding the announcement's accuracy [Characteristics of GEM and Disclaimer](index=1&type=section&id=GEM%E4%B9%8B%E7%89%B9%E8%89%B2) This section outlines the GEM market's high-risk nature for SMEs and clarifies that the Company's directors bear full responsibility for the announcement's accuracy - The GEM market is positioned for small and medium-sized companies, with **higher investment risks and market volatility**[2](index=2&type=chunk) - Hong Kong Exchanges and Clearing Limited and the Stock Exchange are not responsible for the content of this announcement and disclaim any liability for losses[2](index=2&type=chunk) - The Company's directors assume full responsibility for the accuracy, completeness, and non-misleading nature of the announcement content[2](index=2&type=chunk) [Financial Highlights](index=2&type=section&id=%E8%B2%A1%E5%8B%99%E6%91%98%E8%A6%81) This section provides a concise overview of the Group's key financial performance indicators for the reporting period, including revenue and loss attributable to owners [Interim Results for the Six Months Ended June 30, 2025](index=2&type=section&id=%E6%88%AA%E8%87%B3%E4%BA%8C%E9%9B%B6%E4%BA%94%E4%BA%94%E5%B9%B4%E5%85%AD%E6%9C%88%E4%B8%89%E5%8D%81%E6%97%A5%E6%AD%A2%E5%85%AD%E5%80%8B%E6%9C%88%E4%B9%8B%E4%B8%AD%E6%9C%9F%E6%A5%AD%E7%B8%BE) The Group's revenue decreased by **8.3%** to **HK$18.9 million**, while loss attributable to owners significantly narrowed to **HK$0.2 million**, with no dividend recommended Key Financial Indicators for H1 2025 | Indicator | H1 2025 (HK$'000) | H1 2024 (HK$'000) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 18,900 | 20,600 | -8.3% | | Loss Attributable to Owners of the Parent | (200) | (1,200) | -83.3% | | Loss from Online Backup Software and Related Services Segment | (2,100) | (2,400) | -12.5% | | Loss/(Profit) from Information Platform Segment | (100) | 100 | -200.0% | | Basic and Diluted Loss Per Share (HK cents) | (0.01) | (0.06) | -83.3% | - The Board does not recommend the payment of any dividend for the six months ended June 30, 2025[5](index=5&type=chunk) [Condensed Consolidated Financial Statements](index=3&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8) This section presents the Group's condensed consolidated financial statements, including the statement of profit or loss, financial position, and changes in equity [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=3&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E6%90%8D%E7%9B%8A%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%A8%E9%9D%A2%E6%94%B6%E7%9B%8A%E8%A1%A8) Revenue was **HK$18.9 million**, with loss for the period significantly narrowing to **HK$0.181 million**, and exchange differences positively impacting comprehensive income Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (Summary) | Indicator | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Revenue | 18,900 | 20,590 | | Other income | 859 | 1,224 | | Other gains (losses), net | 1,262 | (193) | | Staff costs and related expenses | (14,621) | (15,183) | | Other expenses | (6,303) | (7,437) | | Finance costs | (185) | (60) | | Loss before tax | (120) | (1,196) | | Income tax expense | (61) | (20) | | Loss for the period | (181) | (1,216) | | Exchange differences arising from translation of overseas operations | 458 | (634) | | Total comprehensive income (loss) for the period | 277 | (1,850) | | Loss per share attributable to ordinary equity holders of the parent (HK cents) | (0.01) | (0.06) | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8) Total assets were **HK$74.559 million**, with net current assets at **HK$44.264 million**, and net assets increasing to **HK$55.212 million** Condensed Consolidated Statement of Financial Position (Summary) | Indicator | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | | :--- | :--- | :--- | | Total non-current assets | 15,338 | 16,561 | | Total current assets | 59,261 | 59,584 | | Total current liabilities | 14,997 | 15,626 | | Net current assets | 44,264 | 43,958 | | Total assets less current liabilities | 59,602 | 60,519 | | Total non-current liabilities | 4,390 | 5,584 | | Net assets | 55,212 | 54,935 | | Total equity | 55,212 | 54,935 | [Condensed Consolidated Statement of Changes in Equity](index=5&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E6%AC%8A%E7%9B%8A%E8%AE%8A%E5%8B%95%E8%A1%A8) Total equity attributable to owners increased to **HK$55.212 million**, driven by **HK$277 thousand** in comprehensive income, including exchange gains Condensed Consolidated Statement of Changes in Equity (Summary) | Item | June 30, 2025 (HK$'000) | June 30, 2024 (HK$'000) | | :--- | :--- | :--- | | At beginning of period (audited) | 54,935 | 57,924 | | Loss for the period | (181) | (1,216) | | Exchange differences arising from translation of overseas operations | 458 | (634) | | Total comprehensive income (loss) for the period | 277 | (1,850) | | At end of period (unaudited) | 55,212 | 56,074 | [Notes to the Condensed Consolidated Financial Statements](index=6&type=section&id=%E7%B0%A1%E6%98%8E%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8%E9%99%84%E8%A8%BB) This section provides detailed explanatory notes supporting the condensed consolidated financial statements, covering accounting policies, segment information, and specific financial line items [Capital and Other Reserves](index=6&type=section&id=%E9%99%84%E8%A8%BBi.%20%E8%B3%87%E6%9C%AC%E5%8F%8A%E5%85%B6%E4%BB%96%E5%84%B2%E5%82%99) This note details the composition of capital and other reserves, including acquisition differences, share capital differences, and controlling shareholder contributions - Capital and other reserves include differences arising from the acquisition of equity interests in CloudBacko BVI and Ahsay Services Centre Limited[9](index=9&type=chunk) - Includes differences in share capital of Alpha Heritage Holdings Limited, a wholly-owned subsidiary of the Company[9](index=9&type=chunk) - Includes contributions from controlling shareholders upon waiver of amounts due to shareholders and disposal of subsidiaries[9](index=9&type=chunk) [General Information](index=7&type=section&id=1.%20%E4%B8%80%E8%88%AC%E8%B3%87%E6%96%99) The Company, an investment holding entity incorporated in the Cayman Islands and listed on GEM, primarily provides online backup software solutions with HKD as its functional currency - The Company is an investment holding company, primarily providing online backup software solutions through its subsidiaries[11](index=11&type=chunk) - The Company is incorporated in the Cayman Islands, and its shares are listed on GEM of The Stock Exchange of Hong Kong Limited[10](index=10&type=chunk) - The functional currency of the Company is Hong Kong Dollars[12](index=12&type=chunk) [Basis of Preparation](index=7&type=section&id=2.1%20%E7%B7%A8%E8%A3%BD%E5%9F%BA%E6%BA%96) Interim financial information is prepared under HKAS 34 and GEM Listing Rules Chapter 18, to be read with the annual consolidated financial statements - The interim financial information is prepared in accordance with Hong Kong Accounting Standard 34 and Chapter 18 of the GEM Listing Rules[13](index=13&type=chunk) - It should be read in conjunction with the annual consolidated financial statements for the year ended December 31, 2024[13](index=13&type=chunk) [Changes in Accounting Policies and Disclosures](index=7&type=section&id=2.2%20%E6%9C%83%E8%A8%88%E6%94%BF%E7%AD%96%E5%8F%8A%E6%8A%AB%E9%9C%B2%E8%AE%8A%E5%8B%95) Accounting policies align with annual statements, with the initial adoption of revised HKAS 21 (Lack of Exchangeability) having no impact due to exchangeable currencies - Accounting policies are consistent with the annual consolidated financial statements, with the initial adoption of the revised Hong Kong Accounting Standard 21 (Lack of Exchangeability)[14](index=14&type=chunk)[15](index=15&type=chunk) - As all currencies transacted by the Group are exchangeable, this revision has no impact on the interim financial information[16](index=16&type=chunk) [Revenue and Segment Information](index=8&type=section&id=3.%20%E6%94%B6%E7%9B%8A%E5%8F%8A%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) The Group operates two segments, online backup and information platform, generating **HK$18.9 million** in total revenue, with both segments recording losses - The Group has two reportable operating segments: online backup software and related services segment, and information platform segment[18](index=18&type=chunk) Segment Revenue and Results (Summary) | Segment | H1 2025 Revenue (HK$'000) | H1 2024 Revenue (HK$'000) | H1 2025 Segment Loss/(Profit) (HK$'000) | H1 2024 Segment Loss/(Profit) (HK$'000) | | :--- | :--- | :--- | :--- | :--- | | Online Backup Software and Related Services | 16,238 | 17,901 | (2,138) | (2,369) | | Information Platform | 2,662 | 2,689 | (103) | 142 | | **Total** | **18,900** | **20,590** | **(2,241)** | **(2,227)** | - All assets are allocated to operating segments, except for bank balances and cash; all liabilities are allocated to operating segments[23](index=23&type=chunk) [Other Income and Other Gains (Losses), Net](index=10&type=section&id=4.%20%E5%85%B6%E4%BB%96%E6%94%B6%E5%85%A5%E5%8F%8A%E5%85%B6%E4%BB%96%E6%94%B6%E7%9B%8A%EF%BC%88%E虧%E6%90%8D%EF%BC%89%E6%B7%A8%E9%A1%8D) Other income decreased to **HK$859 thousand** due to lower bank interest, while other gains, net, significantly improved to **HK$1,262 thousand** from a prior-year loss Other Income | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Bank interest income | 776 | 1,091 | | Rental income | 46 | 57 | | Miscellaneous income | 37 | 66 | | **Total** | **859** | **1,224** | Other Gains (Losses), Net | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Net exchange differences | 1,311 | (193) | | Fair value loss on investment property | (49) | — | | **Total** | **1,262** | **(193)** | [Staff Costs and Related Expenses](index=11&type=section&id=5.%20%E5%83%B1%E5%93%A1%E6%88%90%E6%9C%AC%E5%8F%8A%E7%9B%B8%E9%97%9C%E9%96%8B%E6%94%AF) Staff costs and related expenses decreased by **3.7%** to **HK$14.621 million**, with **HK$4.859 million** allocated to R&D Staff Costs and Related Expenses | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Directors' emoluments | 2,899 | 2,904 | | Other staff costs | 11,684 | 11,980 | | Staff related expenses | 38 | 299 | | **Total** | **14,621** | **15,183** | | R&D costs included in staff costs and related expenses | 4,859 | 5,449 | [Other Expenses](index=12&type=section&id=6.%20%E5%85%B6%E4%BB%96%E9%96%8B%E6%94%AF) Other expenses decreased by **15.2%** to **HK$6.303 million**, driven by reductions in advertising, content acquisition, and depreciation Other Expenses | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Auditor's remuneration | 430 | 430 | | Advertising and marketing expenses | 97 | 820 | | Content acquisition costs | 484 | 640 | | Depreciation of property, plant and equipment | 484 | 590 | | Depreciation of right-of-use assets | 1,149 | 1,154 | | Legal and professional fees | 712 | 742 | | Commercial credit card fees | 674 | 653 | | Web hosting expenses | 408 | 364 | | **Total** | **6,303** | **7,437** | [Finance Costs](index=12&type=section&id=7.%20%E8%9E%8D%E8%B3%87%E6%88%90%E6%9C%AC) Finance costs significantly increased to **HK$185 thousand**, primarily due to higher interest expense on lease liabilities Finance Costs | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Interest expense on lease liabilities | 185 | 60 | | **Total** | **185** | **60** | [Income Tax Expense](index=13&type=section&id=8.%20%E6%89%80%E5%BE%97%E7%A8%85%E9%96%8B%E6%94%AF) Income tax expense was **HK$61 thousand**, primarily Hong Kong profits tax and deferred tax, with the Group exempt from tax in the Cayman Islands and BVI Income Tax Expense | Item | H1 2025 (HK$'000) | H1 2024 (HK$'000) | | :--- | :--- | :--- | | Current tax: Hong Kong profits tax | 48 | 64 | | Deferred tax | 13 | (44) | | **Total** | **61** | **20** | - The Group is not subject to any income tax in the Cayman Islands and British Virgin Islands[28](index=28&type=chunk) - Hong Kong profits tax is calculated under a two-tiered tax system, with the first **HK$2 million** taxed at **8.25%** and the remainder at **16.5%**[28](index=28&type=chunk) [Dividends](index=13&type=section&id=9.%20%E8%82%A1%E6%81%AF) The Company neither paid nor proposed any dividends to ordinary shareholders for the reporting periods - The Company neither paid nor proposed any dividends during the reporting period[29](index=29&type=chunk) [Loss Per Share Attributable to Ordinary Equity Holders of the Parent](index=14&type=section&id=10.%20%E6%AF%8D%E5%85%AC%E5%8F%B8%E6%99%AE%E9%80%9A%E8%82%A1%E6%AC%8A%E6%8C%81%E6%9C%89%E4%BA%BA%E6%87%89%E4%BD%B5%E6%AF%8F%E8%82%A1%E虧%E6%90%8D) Basic and diluted loss per share significantly narrowed to **HK$0.01**, based on **2,000,000 thousand** weighted average ordinary shares with no dilutive potential Loss Per Share Calculation | Indicator | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Loss attributable to ordinary equity holders of the parent (HK$'000) | (181) | (1,216) | | Weighted average number of ordinary shares (thousands) | 2,000,000 | 2,000,000 | | Basic and diluted loss per share (HK cents) | (0.01) | (0.06) | - The Company had no outstanding ordinary shares with potential dilutive effect during the reporting period[31](index=31&type=chunk) [Trade and Other Receivables](index=15&type=section&id=11.%20%E8%B2%BF%E6%98%93%E5%8F%8A%E5%85%B6%E4%BB%96%E6%87%89%E6%94%B6%E6%AC%BE%E9%A0%85) Trade and other receivables decreased to **HK$4.272 million**, with trade receivables generally aged within **30 days** and software leases having a **14-30 day** credit period Trade and Other Receivables | Item | June 30, 2025 (HK$'000) | December 31, 2024 (HK$'000) | | :--- | :--- | :--- | | Trade receivables — aged within 30 days | 1,148 | 1,697 | | Lease and utilities deposits | 115 | 163 | | Prepayments for operating expenses and other receivables | 3,009 | 2,818 | | **Total** | **4,272** | **4,678** | - The Group generally sells through the internet, and payments are usually required before the delivery of software usage rights, subscriptions, and provision of services[32](index=32&type=chunk) - For software usage right leases where customers are charged monthly license fees on a pay-as-you-go basis, the credit period is **14 to 30 days**[32](index=32&type=chunk) [Other Payables and Accrued Charges](index=15&type=section&id=12.%20%E5%85%B6%E4%BB%96%E6%87%89%E4%BB%98%E6%AC%BE%E9%A0%85%E5%8F%8A%E6%87%89%E8%A8%88%E8%B2%BB%E7%94%A8) Other payables are non-interest bearing and have an aging of less than one year from the invoice date - Other payables are non-interest bearing and aged less than one year[33](index=33&type=chunk) [Management Discussion and Analysis](index=16&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E8%88%87%E5%88%86%E6%9E%90) This section provides management's perspective on the Group's financial performance, operational results, and key factors influencing the business during the reporting period [Overview](index=16&type=section&id=%E6%A6%82%E8%A7%80) Revenue decreased by **8.3%** to **HK$18.9 million**, while loss attributable to owners narrowed to **HK$0.2 million**, driven by exchange gains and cost reductions H1 2025 Financial Overview | Indicator | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 18.9 | 20.6 | -8.3% | | Loss Attributable to Owners of the Parent | 0.2 | 1.2 | -83.3% | - The reduction in loss was primarily due to increased exchange gains from appreciating foreign currency bank balances, reduced marketing and advertising expenses, and lower staff costs[34](index=34&type=chunk) - The reduction in loss was partially offset by decreased revenue from the online backup business due to global economic weakness and subdued demand[34](index=34&type=chunk) [Revenue Analysis](index=16&type=section&id=%E6%94%B6%E7%9B%8A) Revenue decreased by **8.3%** to **HK$18.9 million**, primarily from software sales and services, due to global economic weakness and market competition - Revenue primarily derived from software license sales and leases, software upgrade and maintenance services, subscription fees, and other services[35](index=35&type=chunk) - The decrease in revenue was mainly due to global economic weakness, intense competition in the online backup software market, and changing consumer patterns in Hong Kong[35](index=35&type=chunk) [Other Income Analysis](index=16&type=section&id=%E5%85%B6%E4%BB%96%E6%94%B6%E5%85%A5) Other income decreased by **25%** to **HK$0.9 million**, primarily due to lower bank interest income from reduced fixed deposit rates Changes in Other Income | Indicator | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Other Income | 0.9 | 1.2 | -25% | - The decrease in other income was mainly due to lower average interest rates on fixed deposits, resulting in reduced bank interest income[36](index=36&type=chunk) [Other Gains, Net Analysis](index=17&type=section&id=%E5%85%B6%E4%BB%96%E6%94%B6%E7%9B%8A%E6%B7%A8%E9%A1%8D) Other gains, net, significantly improved by **HK$1.5 million** to a gain of **HK$1.3 million**, primarily driven by increased exchange gains from foreign currency balances Changes in Other Gains, Net | Indicator | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (HK$ million) | | :--- | :--- | :--- | :--- | | Other Gains, Net | 1.3 | (0.2) | +1.5 | - The increase in other gains was mainly due to increased exchange gains arising from the appreciation of foreign currency bank balances[37](index=37&type=chunk) [Staff Costs and Related Expenses Analysis](index=17&type=section&id=%E5%83%B1%E5%93%A1%E6%88%90%E6%9C%AC%E5%8F%8A%E7%9B%B8%E9%97%9C%E9%96%8B%E6%94%AF) Staff costs and related expenses decreased by **3.9%** to **HK$14.6 million**, primarily due to a reduction in the average number of employees Changes in Staff Costs and Related Expenses | Indicator | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Staff Costs and Related Expenses | 14.6 | 15.2 | -3.9% | - The decrease in staff costs was mainly due to a reduction in the average number of employees compared to the same period last year[38](index=38&type=chunk) [Other Expenses Analysis](index=17&type=section&id=%E5%85%B6%E4%BB%96%E9%96%8B%E6%94%AF) Other expenses decreased by **14.9%** to **HK$6.3 million**, mainly due to optimized marketing strategies and reduced content acquisition costs Changes in Other Expenses | Indicator | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Other Expenses | 6.3 | 7.4 | -14.9% | - The decrease in other expenses was mainly due to reduced advertising and marketing expenses from optimized market strategies and lower content acquisition costs[39](index=39&type=chunk) [Loss for the Period Analysis](index=17&type=section&id=%E6%9C%9F%E5%85%A7%E虧%E6%90%8D) The Group's loss for the period significantly narrowed to **HK$0.2 million**, comprising losses from both online backup and information platform segments, plus net unallocated items Loss for the Period and Segment Contribution | Item | H1 2025 (HK$ million) | | :--- | :--- | | Loss for the period | 0.2 | | Loss from Online Backup Software and Related Services Segment | 2.1 | | Loss from Information Platform Segment | 0.1 | | Net unallocated income and expenses | 2.2 | [Financial Position and Resources](index=18&type=section&id=%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E5%8F%8A%E8%B3%87%E6%BA%90) This section reviews the Group's financial health, liquidity, and capital structure, including asset pledges and commitments [Financial Position, Liquidity and Financial Resources](index=18&type=section&id=%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E3%80%81%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%8F%8A%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) The Group maintains a prudent cash management policy with **HK$59.3 million** in current assets and a net cash position, ensuring ample financial resources - The Group adopts a prudent cash and financial management policy, with cash primarily denominated in USD and AUD and held in licensed banks in Singapore[41](index=41&type=chunk) Current Assets | Indicator | June 30, 2025 (HK$ million) | December 31, 2024 (HK$ million) | | :--- | :--- | :--- | | Current Assets | 59.3 | 59.6 | - The Group maintains a net cash position, and management believes its financial resources are ample[41](index=41&type=chunk) [Pledge of the Group's Assets](index=18&type=section&id=%E6%9C%AC%E9%9B%86%E5%9C%98%E4%B9%8B%E8%B3%87%E7%94%A2%E8%B3%AA%E6%8A%BC) As of June 30, 2025, the Group had no assets pledged - As of June 30, 2025, the Group had no assets pledged[42](index=42&type=chunk) [Capital Structure](index=18&type=section&id=%E8%B3%87%E6%9C%AC%E7%B5%90%E6%A7%8B) The Company's capital structure consists solely of ordinary shares, with **HK$20.0 million** in issued share capital comprising **2,000,000,000** shares - The Company's capital structure comprises only ordinary shares[43](index=43&type=chunk) Capital Structure | Indicator | June 30, 2025 | | :--- | :--- | | Issued share capital | 20.0 HK$ million | | Number of issued shares | 2,000,000,000 shares | | Par value per share | 0.01 HK$ | [Capital Commitments and Contingent Liabilities](index=18&type=section&id=%E8%B3%87%E6%9C%AC%E6%89%BF%E6%93%94%E5%8F%8A%E6%88%96%E7%84%B6%E8%B2%A0%E5%82%B5) As of June 30, 2025, the Group had no significant capital commitments or contingent liabilities - As of June 30, 2025, the Group had no significant capital commitments or contingent liabilities[44](index=44&type=chunk) [Business Review and Prospects](index=18&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7%E8%88%87%E5%89%8D%E6%99%AF) This section provides an overview of the Group's business performance during the period and outlines future strategies and outlook for its core operations [Segment Information](index=18&type=section&id=%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) The Group's business segment performance analysis is detailed in Note 3 of this interim results announcement - The Group's performance analysis by business segment is presented in Note 3[45](index=45&type=chunk) [Material Acquisitions and Disposals](index=18&type=section&id=%E9%87%8D%E5%A4%A7%E6%94%B6%E8%B3%BC%E5%8F%8A%E5%87%BA%E5%94%AE%E4%BA%8B%E9%A0%85) The Group had no material acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period - There were no material acquisitions or disposals during the reporting period[46](index=46&type=chunk) [Business Review](index=19&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7) Global economic weakness led to an **8.3%** total revenue decrease to **HK$18.9 million**, prompting cost-saving measures and software upgrades to enhance operational resilience - Global economic weakness, inflationary pressures, and geopolitical uncertainties continued to affect business and consumption[47](index=47&type=chunk) Changes in Segment Revenue | Segment | H1 2025 (HK$ million) | H1 2024 (HK$ million) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Online Backup Software and Related Services | 16.2 | 17.9 | -9.5% | | Information Platform | 2.66 | 2.69 | -1.1% | | **Total Revenue** | **18.9** | **20.6** | **-8.3%** | - The Group implemented comprehensive cost-saving measures and continued to introduce upgraded features to enhance user experience[48](index=48&type=chunk) [Prospects](index=20&type=section&id=%E5%89%8D%E6%99%AF) The Group will enhance its core backup business with new features and pricing adjustments, while its information platform, KINBOY, will leverage AI for improved horse racing predictions and multimedia content - Ahsay will continue to strategically focus on strengthening its core backup software business in continuously evolving markets[49](index=49&type=chunk) - The information platform KINBOY will leverage its AI engine to analyze large datasets, generate race predictions, and improve tip accuracy[52](index=52&type=chunk) [Core Backup Business](index=20&type=section&id=%E6%A0%B8%E5%BF%83%E5%82%99%E4%BB%BD%E6%A5%AD%E5%8B%99) The core backup business will launch version 10.1 with "Immutable Backup" and "Restore Drill" features, expanding platform support and adjusting pricing to promote AMBaaS - The recent launch of version 10.1 introduces "Immutable Backup" functionality, protecting backup data from tampering, deletion, or ransomware attacks[49](index=49&type=chunk) - The "Restore Drill" feature regularly verifies the recoverability of backup data, assisting clients in complying with regulatory and disaster recovery standards[49](index=49&type=chunk) - The business model adjusts pricing structures and bundling options, shifting from bulk licenses to flexible subscription plans, and increasing interest in Ahsay Managed Backup as a Service (AMBaaS)[50](index=50&type=chunk) [Information Platform](index=21&type=section&id=%E4%BF%A1%E6%81%AF%E5%B9%B3%E5%8F%B0) The information platform, primarily KINBOY, offers AI-powered horse racing predictions and multimedia content to enhance user engagement, with KINTIPS contributing less revenue - KINBOY is an all-in-one online platform for horse racing information, offering both free and paid membership services[52](index=52&type=chunk) - The "AI Tips" feature utilizes extensive local and international datasets to analyze variables such as horse past performance, jockey statistics, track conditions, and betting patterns, generating race predictions[52](index=52&type=chunk) - KINBOY incorporates multimedia features such as tip videos and interactive content, providing an immersive experience[52](index=52&type=chunk) [Corporate Governance and Other Information](index=22&type=section&id=%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB%E5%8F%8A%E5%85%B6%E4%BB%96%E8%B3%87%E6%96%99) This section covers corporate governance practices, including directors' and major shareholders' interests, compliance with codes, employee policies, and audit committee activities [Directors' and Chief Executive's Interests and Short Positions in Shares, Underlying Shares and Debentures](index=22&type=section&id=%E8%91%A3%E4%BA%8B%E5%8F%8A%E4%B8%BB%E8%A6%81%E8%A1%8C%E6%94%BF%E4%BA%BA%E5%93%A1%E6%96%BC%E8%82%A1%E4%BB%BD%E3%80%81%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E5%8F%8A%E5%82%B5%E5%88%B8%E4%B8%AD%E7%9A%84%E6%AC%8A%E7%9B%8A%E5%8F%8A%E6%B7%A1%E5%80%89) Controlling shareholders were deemed to hold interests in **1,500,000,000** shares, representing **75.0%** of issued shares, with no other significant interests or short positions reported by directors Directors' Long Positions in Shares | Name of Director | Capacity/Nature of Interest | Number of Shares | Approximate Percentage of Total Shares | | :--- | :--- | :--- | :--- | | Mr. Chuang King Fan | Interest of spouse | 1,500,000,000 | 75.0% | | Mr. Chuang Siu Pui | Interest in controlled corporation | 1,500,000,000 | 75.0% | | Mr. Chuang Siu Ling | Interest in controlled corporation | 1,500,000,000 | 75.0% | - All Divine Investments Limited holds **1,500,000,000** long position shares, representing **75%** of the issued shares[54](index=54&type=chunk) - All Divine is wholly owned by Able Future Investments Limited, which is owned by Ms. Chuang Lee Sau Fong, Mr. Chuang Siu Pui, and Mr. Chuang Siu Ling with **40%**, **30%**, and **30%** equity interests respectively[54](index=54&type=chunk) [Substantial Shareholders' and Other Persons' Interests and Short Positions in Shares, Underlying Shares and Debentures](index=23&type=section&id=%E4%B8%BB%E8%A6%81%E8%82%A1%E6%9D%B1%E5%8F%8A%E5%85%B6%E4%BB%96%E4%BA%BA%E5%A3%AB%E6%96%BC%E8%82%A1%E4%BB%BD%E3%80%81%E7%9B%B8%E9%97%9C%E8%82%A1%E4%BB%BD%E5%8F%8A%E5%82%B5%E5%88%B8%E4%B8%AD%E7%9A%84%E6%AC%8A%E7%9B%8A%E5%8F%8A%E6%B7%A1%E5%80%89) Several substantial shareholders and other persons were deemed to hold interests in **1,500,000,000** shares, representing **75.0%** of the issued shares Substantial Shareholders' Long Positions in Shares | Name of Shareholder/Person | Capacity/Nature of Interest | Number of Shares | Approximate Percentage of Total Shares | | :--- | :--- | :--- | :--- | | All Divine | Beneficial owner | 1,500,000,000 | 75.0% | | Able Future | Interest in controlled corporation | 1,500,000,000 | 75.0% | | Ms. Chuang Lee Sau Fong | Interest in controlled corporation | 1,500,000,000 | 75.0% | | Ms. Ng Shui Fong | Interest of spouse | 1,500,000,000 | 75.0% | | Ms. Lee Yin Heung | Interest of spouse | 1,500,000,000 | 75.0% | - Ms. Ng Shui Fong, spouse of Mr. Chuang Siu Pui, and Ms. Lee Yin Heung, spouse of Mr. Chuang Siu Ling, are deemed to have interests under the Securities and Futures Ordinance[57](index=57&type=chunk) [Directors' Rights to Acquire Shares or Debentures](index=24&type=section&id=%E8%91%A3%E4%BA%8B%E6%94%B6%E8%B3%BC%E8%82%A1%E4%BB%BD%E6%88%96%E5%82%B5%E5%88%B8%E4%B9%8B%E6%AC%8A%E5%88%A9) No directors, chief executives, or their close associates held or exercised any rights to acquire Company shares or related shares during the reporting period - During the reporting period, no directors, chief executives, or their close associates held or exercised any rights to subscribe for shares or related shares in the Company and/or its associated corporations[58](index=58&type=chunk) [Directors' and Controlling Shareholders' Interests in Competing Businesses](index=24&type=section&id=%E8%91%A3%E4%BA%8B%E5%8F%8A%E6%8E%A7%E8%82%A1%E8%82%A1%E6%9D%B1%E6%96%BC%E7%AB%B6%E7%88%AD%E6%A5%AD%E5%8B%99%E4%B9%8B%E6%AC%8A%E7%9B%8A) Directors were unaware of any competing businesses or interests held by directors, controlling shareholders, or their close associates during the reporting period - Directors were unaware of any business or interest of the directors, controlling shareholders, and their close associates that competes or may compete with the Group's business[59](index=59&type=chunk) [Compliance with the Code of Conduct for Directors' Securities Transactions](index=24&type=section&id=%E9%81%B5%E5%AE%88%E8%91%A3%E4%BA%8B%E9%80%B2%E8%A1%8C%E8%AD%89%E5%88%B8%E4%BA%A4%E6%98%93%E7%9A%84%E8%A1%8C%E7%82%BA%E5%AE%88%E5%89%87) The Group adopted a stringent code of conduct for directors' securities transactions, which all directors confirmed compliance with during the reporting period - The Group has adopted a stringent code of conduct for directors' securities transactions, and each director confirmed compliance[60](index=60&type=chunk) [Compliance with the Corporate Governance Code](index=24&type=section&id=%E9%81%B5%E5%AE%88%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB%E5%AE%88%E5%89%87) The Company maintained high corporate governance standards, complying with all code provisions of the GEM Listing Rules' Corporate Governance Code during the reporting period - The Company has complied with all code provisions of the Corporate Governance Code set out in Appendix 15 of the GEM Listing Rules throughout the reporting period[61](index=61&type=chunk) [Share Option Scheme](index=24&type=section&id=%E8%B3%BC%E8%82%A1%E6%AC%8A%E8%A8%88%E5%8A%83) The Company adopted a share option scheme on September 4, 2015, but no options have been granted since its adoption - The Company adopted a share option scheme on September 4, 2015, but no share options have been granted since its adoption[62](index=62&type=chunk) [Employees and Remuneration Policy](index=25&type=section&id=%E5%83%B1%E5%93%A1%E5%8F%8A%E8%96%AA%E9%85%AC%E6%94%BF%E7%AD%96) The Group had **56** employees with total directors' and staff costs of **HK$14.6 million**, implementing a remuneration policy based on performance and providing training without significant labor disputes Employees and Remuneration | Indicator | June 30, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Number of employees | 56 | 70 | | Total directors' and staff costs (HK$ million) | 14.6 | 15.2 | - Remuneration is determined with reference to the duties, responsibilities, experience, performance, and capabilities of individual employees and directors[63](index=63&type=chunk) - The Group provides various training to its employees and experienced no strikes, work stoppages, or significant labor disputes affecting operations during the reporting period[64](index=64&type=chunk) [Purchase, Redemption or Sale of the Company's Listed Securities](index=25&type=section&id=%E8%B3%BC%E8%B2%B7%E3%80%81%E8%B4%96%E5%9B%9E%E6%88%96%E5%87%BA%E5%94%AE%E6%9C%AC%E5%85%AC%E5%8F%B8%E4%B8%8A%E5%B8%82%E8%AD%89%E5%88%B8) Neither the Company nor its subsidiaries purchased, redeemed, or sold any of the Company's listed securities during the reporting period - During the reporting period, neither the Company nor its subsidiaries purchased, redeemed, or sold any of the Company's listed securities[65](index=65&type=chunk) [Audit Committee](index=26&type=section&id=%E5%AF%A9%E6%A0%B8%E5%A7%94%E5%93%A1%E6%9C%83) The Audit Committee, comprising independent non-executive directors, reviewed and confirmed the interim financial information's compliance with accounting standards and regulations - The Audit Committee's terms of reference comply with the GEM Listing Rules and the Corporate Governance Code[66](index=66&type=chunk) - The Audit Committee members are Mr. Poon Chung Sang (Chairman), Mr. Kwok Chi Wah, and Ms. Wong Pui Man, all of whom are independent non-executive directors[66](index=66&type=chunk) - The Audit Committee has reviewed this interim financial information and is satisfied that it complies with applicable accounting standards and regulations[66](index=66&type=chunk) [Board Approval](index=26&type=section&id=%E8%91%A3%E4%BA%8B%E6%9C%83%E6%89%B9%E5%87%86) This section confirms the Board's approval of the interim results announcement and lists the Board members as of the announcement date [By Order of the Board](index=26&type=section&id=%E6%89%BF%E8%91%A3%E4%BA%8B%E6%9C%83%E5%91%BD) This announcement was issued by Mr. Chuang Siu Ling, Chairman and Executive Director, on August 8, 2025, listing the Board members as of that date - This announcement was issued by Mr. Chuang Siu Ling, Chairman and Executive Director, on August 8, 2025[67](index=67&type=chunk)[68](index=68&type=chunk) - The Board members include Executive Directors Mr. Chuang Siu Ling, Mr. Chuang Siu Pui, and Mr. Chuang King Fan; Non-executive Director Ms. Chuang Siu Fun; and Independent Non-executive Directors Mr. Kwok Chi Wah, Mr. Poon Chung Sang, and Ms. Wong Pui Man[68](index=68&type=chunk)