（於開曼群島註冊成立之有限公司） GUDOU HOLDINGS LIMITED 古 兜 控 股 有 限 公 司 （ Incorporated in the Cayman Islands with limited liability ） As a Non-registered Shareholder, if you wish to receive Corporate Communications of the Company in electronic form, you should liaise with your bank(s), broker(s), custodian(s), nominee(s) or HKSCC Nominees Limited through which your shares in the Company are held (collectively, the "Intermediaries") and provide your email address to your Intermediaries. Please contact your Intermediaries fo ...

GUDOU HOLDINGS LIMITED 古 兜 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：8308） NOTIFICATION LETTER 通 知 信 函 Dear Shareholder(s), 12 September 2025 The following document(s) of Gudou Holdings Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.gudouholdings.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- • Interim Report 2025 (If ...

Financial Performance - The company reported a revenue of RMB 20,810,000 for the six months ended June 30, 2025, a decrease of 7.4% compared to RMB 22,494,000 for the same period in 2024[4] - The gross loss for the period was RMB 4,109,000, slightly improved from a gross loss of RMB 4,405,000 in the previous year[4] - Operating loss increased to RMB 26,084,000 from RMB 23,246,000 year-on-year, indicating a deterioration in operational efficiency[4] - The total comprehensive loss for the period was RMB 30,102,000, compared to RMB 28,225,000 in the same period last year, reflecting a worsening financial performance[5] - Basic and diluted loss per share was RMB 2.6, compared to RMB 2.4 for the same period in 2024[5] - The company incurred a total loss of RMB 30,636,000 for the six months ended June 30, 2025, compared to a loss of RMB 27,621,000 in the previous period[21] - The company reported a segment loss of RMB (14,744,000) from hotel and resort operations for the six months ended June 30, 2025[21] - The company incurred a segment loss of RMB 17,798,000, compared to a loss of RMB 3,616,000 in the same period last year[24] - The pre-tax loss for the period was RMB 29,296,000, with a tax expense of RMB 1,675,000, resulting in a total loss of RMB 27,621,000[24] - The net loss for the period increased by approximately RMB 3,000,000 or 10.9% to about RMB 30,600,000, compared to RMB 27,600,000 in the same period last year[60] Assets and Liabilities - Non-current assets decreased to RMB 723,540,000 as of June 30, 2025, down from RMB 744,517,000 at the end of 2024[7] - Current assets remained relatively stable at RMB 213,935,000, compared to RMB 214,011,000 at the end of 2024[7] - Total liabilities decreased slightly to RMB 780,842,000 from RMB 784,031,000 year-on-year, indicating a marginal improvement in the company's leverage[8] - The company's equity decreased to RMB 156,633,000 from RMB 174,497,000, reflecting a decline in shareholder value[8] - The total assets as of June 30, 2025, amounted to RMB 937,475,000, with total liabilities of RMB 780,842,000[22] - Total assets as of June 30, 2025, amounted to RMB 958,528,000, while total liabilities were RMB 784,031,000[26] - Bank loans as of June 30, 2025, were reported at RMB 214,998,000, slightly down from RMB 215,776,000 at the end of December 2024[35] Cash Flow - The company reported a net cash outflow from operating activities of RMB (6,151,000) for the six months ended June 30, 2025, compared to a cash inflow of RMB 8,182,000 in the same period of 2024[13] - The financing activities generated a net cash inflow of RMB 12,824,000 for the six months ended June 30, 2025, compared to a cash outflow of RMB (7,928,000) in the previous year[13] - The company’s cash and cash equivalents increased to RMB 8,326,000 as of June 30, 2025, from RMB 2,811,000 at the end of the previous period[13] Revenue Breakdown - Revenue from resort operations was RMB 14,211,000, down 37% from RMB 22,494,000 in the previous year[17] - The company generated RMB 6,599,000 from property sales during the six months ended June 30, 2025, with no property sales recorded in the same period of 2024[17] - Revenue from the company's hot spring resorts and hotels decreased by approximately 36.8% to about RMB 14,200,000 compared to the previous year[52] - Income from admission tickets decreased by approximately 29.7% to about RMB 4,900,000 compared to 2024[52] - The average room revenue from themed hotels decreased by approximately 18.3% to about RMB 6,100,000 compared to the previous year[52] - The occupancy rate of themed hotels dropped from approximately 22% for the six months ended June 30, 2024, to about 20% for the same period in 2025[52] - The average room rate decreased from approximately RMB 280 to RMB 261 for the same periods[52] Shareholder Information - As of June 30, 2025, the total issued share capital of the company is 1,245,800,767 shares[70] - Mr. Han holds 228,000,000 shares, representing 18.30% of the total issued share capital[70] - Major shareholder Ms. Chen holds 266,724,000 shares, accounting for 21.41% of the total issued share capital[71] Corporate Governance - The company has complied with corporate governance codes applicable during the reporting period[75] - There were no reported conflicts of interest among directors or major shareholders during the six months ending June 30, 2025[73] - The company confirmed that all directors adhered to the trading compliance rules during the reporting period[72] Stock Options - The company has adopted a share option scheme since November 18, 2016, which is valid for 10 years[76] - A total of 35,800,000 share options were granted during the reporting period, with 26,000,000 options remaining as of June 30, 2025[76] - The exercise price for options granted on June 27, 2024, is HKD 0.1, with a validity period until June 26, 2032[76] - The fair value of the stock options estimated using two pricing models was approximately HKD 2,700,000, equivalent to about HKD 0.06 per option[79] - The expected term of the stock options is 7.98 years, with a volatility of 69.3% and a risk-free interest rate of 3.75%[79] Future Plans - The company plans to expand its tourism property development business by adopting standardized development procedures[46] - The company is actively monitoring the quality and quantity of its hot spring water sources to mitigate risks[49] - The group plans to seek further changes and suitable investment opportunities, particularly in the wellness and health-related industries, to ensure steady business growth[68] Dividends - The board does not recommend the distribution of any interim dividend for the period ending June 30, 2025[67] - The company has not declared or paid any dividends for the six months ended June 30, 2025, consistent with the previous year[28] Miscellaneous - The company is registered in the Cayman Islands and operates the Gudou Hot Spring Resort in Jiangmen, Guangdong Province, China[84] - The board of directors has reviewed the report and the group's unaudited financial performance for the six months ended June 30, 2025, confirming compliance with applicable accounting standards[83] - There were no significant events affecting the company's business operations from the end of the financial period to the report date[81] - The company did not purchase, redeem, or sell any of its securities during the six months ended June 30, 2025[82]

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 本月底法定/註冊股本總額： HKD 100,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 08308 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 1,245,800,767 | | 0 | | 1,245,800,767 | | 增加 / 減少 (-) | | | 120,000,000 | | | | | | 本月底結存 | | | 1,365,800,767 | | 0 | | 1,365,800,767 | 第 2 頁 共 10 頁 v 1.1.1 | 截至月份: | 2025年8月31日 | 狀態: ...

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: | 古兜控股有限公司 | | | | | | 呈交日期: | 2025年9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) | 08308 | 說明 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 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 ...

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，概不對因本公佈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。 GUDOU HOLDINGS LIMITED 古 兜 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （股份代號：8308） 內幕消息 – 內部控制審查之主要結果 本公佈乃由古兜控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港法例 第571章證券及期貨條例第XIVA部及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17.06(2)條而作出。 內部控制審查之方法及程序 內部控制顧問就內部控制審查採取以下程序及方法： — 2 — (i) 企業管治； (ii) 銷售及收款； (iii) 採購及付款； (iv) 存貨管理； (v) 固定資產管理； (vi) 費用支出及付款管理； (vii) 財務（包括現金）管理循環； (viii) 人力資源及薪資管理； (ix) 財務報告；及 (x) 信息科技系統風險管理。 (i) 獲取本 ...

Core Points - The company reported a revenue of RMB 20.81 million for the six months ending June 30, 2025, representing a year-on-year decrease of 7.5% [1] - The gross loss for the period was RMB 4.109 million, an improvement from a gross loss of RMB 4.405 million in the same period last year [1] - The loss attributable to the owners of the company was RMB 30.636 million, compared to a loss of RMB 27.621 million in the previous year [1] - The basic loss per share was RMB 0.026 [1]

古兜控股(08308)发布截至2025年6月30日止6个月中期业绩，集团收入人民币2081万元，同比减少 7.49%;净亏损3063.6万元，同比扩大6.65%;每股亏损2.6分。 ...

Core Viewpoint - Guo Dou Holdings (08308) reported a decrease in revenue and an increase in net loss for the six months ending June 30, 2025, indicating financial challenges for the company [1] Financial Performance - The company's revenue for the period was RMB 20.81 million, representing a year-on-year decrease of 7.49% [1] - The net loss for the company was RMB 30.636 million, which is an increase of 6.65% compared to the previous year [1] - The loss per share was reported at 2.6 cents [1]

Revenue Performance - Revenue for the six months ended June 30, 2025, was RMB 20,810,000, a decrease of 7.4% compared to RMB 22,494,000 for the same period in 2024[3] - For the six months ended June 30, 2025, total revenue was RMB 20,810,000, a decrease of 7.5% compared to RMB 22,494,000 for the same period in 2024[16] - Revenue from resort operations was RMB 14,211,000, down 37% from RMB 22,494,000 in the previous year, primarily due to a decline in ticket and dining revenues[16] - Revenue from the company's hot spring resort and hotel operations decreased by approximately 36.8% to about RMB 14,200,000 compared to the previous year[52] - Revenue from admission tickets decreased by approximately 29.7% to about RMB 4,900,000 compared to the previous year[52] - Revenue from themed hotel room sales decreased by approximately 18.3% to about RMB 6,100,000 compared to the previous year[52] - The group recorded revenue of approximately RMB 20,800,000 for the period, a decrease of about 7.5% compared to RMB 22,500,000 in the same period last year[54] - Revenue from the resort and hotel operations decreased by approximately 36.8% to about RMB 14,200,000, primarily due to declines in ticket sales, room revenue, and dining income[54] Financial Losses - Gross loss for the period was RMB 4,109,000, slightly improved from a gross loss of RMB 4,405,000 in the previous year[3] - Operating loss increased to RMB 26,084,000 from RMB 23,246,000 year-on-year, reflecting a rise of 12.0%[3] - The company reported a net loss of RMB 30,636,000 for the period, compared to a net loss of RMB 27,621,000 in the same period last year, representing an increase of 7.3%[3] - The total comprehensive loss for the period was RMB (28,225,000), which includes a foreign exchange loss of RMB (604,000)[9] - The company incurred a loss before tax of RMB (32,016,000) for the period, with a tax expense of RMB 1,380,000, leading to a total loss of RMB (30,636,000)[20] - The group recorded a gross loss for the period of RMB 4,100,000, a decrease of about RMB 300,000 or 6.7% from RMB 4,400,000 in the previous year[56] - The group reported a loss before tax of approximately RMB 32,000,000, an increase of about 9.3% from RMB 29,300,000 in the same period last year[57] - Net loss increased by approximately RMB 3,000,000 or 10.9% to about RMB 30,600,000, compared to RMB 27,600,000 in the previous year[59] Assets and Liabilities - Total assets as of June 30, 2025, were RMB 937,475,000, down from RMB 958,528,000 at the end of 2024[4] - Total liabilities decreased to RMB 780,842,000 from RMB 784,031,000, indicating a reduction of 0.3%[5] - The company’s total equity decreased to RMB 156,633,000 from RMB 174,497,000, reflecting a decline of 10.2%[5] - The company’s total assets as of June 30, 2025, amounted to RMB 937,475,000, with total liabilities of RMB 780,843,000, resulting in a net asset position of RMB 156,632,000[20] - As of June 30, 2025, the group had bank loans of approximately RMB 215,000,000, with about RMB 80,200,000 at fixed interest rates[62] - The capital debt ratio increased from approximately 1.38 to 1.54, primarily due to a decrease in total equity[62] Cash Flow and Liquidity - Cash and cash equivalents increased to RMB 8,326,000 from RMB 1,450,000, showing a significant improvement in liquidity[4] - The company reported a net cash outflow from operating activities of RMB (6,151,000) for the six months ended June 30, 2025, compared to a net inflow of RMB 8,182,000 in the same period of 2024[10] - The company’s financing activities generated a net cash inflow of RMB 12,824,000 for the six months ended June 30, 2025, compared to a cash outflow of RMB (7,928,000) in the same period of 2024[10] - Cash and cash equivalents increased to RMB 8,326,000 at the end of June 30, 2025, compared to RMB 2,811,000 at the end of June 30, 2024[10] Shareholder Information - The company has not declared or paid any dividends for the six months ended June 30, 2025, consistent with the previous period[28] - Basic loss per share for the six months ended June 30, 2025, was RMB (2.6), compared to RMB (2.4) for the same period in 2024[30] - The company has adopted a share option scheme since November 18, 2016, which became unconditional on December 9, 2016, with a duration of 10 years[73] - As of June 30, 2025, the total number of share options granted under the scheme was 92,627,400, with 58,817,400 remaining after accounting for cancellations[74] - The exercise price for options granted in 2024 is set at HKD 0.1, with a total of 23,100,000 options available for exercise from June 27, 2025[74] - The group does not recommend any interim dividend for the six months ended June 30, 2025, consistent with the previous year[67] Business Strategy and Operations - The company continues to focus on enhancing its position in the hot spring and hotel industry by replicating its business model and providing management services to other hot spring resorts[46] - The company plans to expand its tourism property development business by adopting standardized development procedures for more efficient resource utilization[46] - The company is actively monitoring the quality and quantity of its hot spring water sources to mitigate risks associated with geological changes[49] - The company is planning to expand its tourism property projects in collaboration with Guangdong Aoyuan[80] - The company aims to enhance its market presence through strategic partnerships and new developments[80] Compliance and Governance - The audit committee reviewed the unaudited condensed consolidated financial results for the six months ending June 30, 2025, and confirmed compliance with applicable accounting standards[77] - The company has complied with the corporate governance code during the reporting period, emphasizing the importance of good governance for sustainable growth[72] - There are no management or administrative contracts related to significant parts of the company's business in effect during the reporting period[71] - The company has no interests in any competing businesses held by directors or major shareholders during the reporting period[70] Miscellaneous - No significant events affecting the company's business operations occurred after the financial period ending June 30, 2025[75] - The company has not purchased, redeemed, or sold any of its securities during the six months ending June 30, 2025[76] - The fair value of share options estimated at the grant date was approximately HKD 2,700,000, based on various inputs including a share price of HKD 0.1[74] - The financial results will be published on the Hong Kong Stock Exchange website for at least seven days[82] - The company is committed to maintaining transparency and accuracy in its financial disclosures[82]