COOL LINK(08491)发布截至2025年6月30日止6个月业绩，该集团期内取得收入1423万新加坡元，同比 减少3.05%;公司拥有人应占溢利10.5万新加坡元，同比扭亏为盈;每股基本盈利0.03新加坡分。 ...

COOL LINK (HOLDINGS) LIMITED (Incorporated in the Cayman Islands with limited liability) （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） (Stock code: 8491) （股份代號：8491） NOTIFICATION LETTER 通知信函 28 August 2025 Dear Non-registered Holder(s) (Note 1), Cool Link (Holdings) Limited (the "Company") – Notice of publication of 2025 Interim report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.coollink.com.sg and ...

(Incorporated in the Cayman Islands with limited liability) （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） (Stock code: 8491) （股份代號：8491） NOTIFICATION LETTER 通知信函 28 August 2025 Dear Registered Shareholders. Cool Link (Holdings) Limited (the "Company") – Notice of publication of 2025 Interim Report (the "Current Corporate Communication") COOL LINK (HOLDINGS) LIMITED The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.coollink.com.sg and the w ...

Cool Link (Holdings) Limited （於開曼群島註冊成立之有限公司） 股份代號: 8491 2025 中期報告 2025 INTERIM REPORT Cool Link (Holdings) Limited (Incorporated in the Cayman Islands with limited liability) Stock Code: 8491 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資之人士應了解投資於該等公司之潛在風險，並應經過審慎周詳 之考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不會就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。 本報告的資料乃遵照聯交所GEM證券上市規則（「G ...

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，並明確表示概不會就本公佈全部或任何部分內容而產 生或因依賴該等內容而引致的任何損失承擔任何責任。 COOL LINK (HOLDINGS) LIMITED （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：8491） 截至二零二五年六月三十日止六個月之中期業績公佈 Cool Link (Holdings) Limited（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二五年六月三十日止六個月之未經審核簡明綜合業績。本公佈列載本 公司二零二五年中期業績報告全文，符合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」）中有關中期業績初步公佈附載的資料之相關要求。 承董事會命 Cool Link (Holdings) Limited 聯席主席兼執行董事 陳少義 香港，二零二五年八月二十八日 Cool Link (Holdings) Limited （於開曼群島註冊成立之有限公司） 股份代號: 8491 2025 中期報告 於 ...

承董事會命 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，並明確表示概不會就本公佈全部或任何部分內容而產 生或因依賴該等內容而引致的任何損失承擔任何責任。 COOL LINK (HOLDINGS) LIMITED （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：8491） 董事會會議通告 Cool Link (Holdings) Limited（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司將 於二零二五年八月二十八日（星期四）舉行董事會會議，藉以（其中包括）(i)考慮及批准本 公司及其附屬公司截至二零二五年六月三十日止六個月的未經審核中期業績及其刊發；(ii) 考慮派付股息的建議（如有）；及(iii)處理其他事項。 本公佈乃遵照香港聯合交易所有限公司GEM證券上市規則而提供有關本公司的資料，董 事願就本公佈共同地及個別地承擔全部責任。董事經作出一切合理查詢後確認，就彼等 所深知及確信，(i)本公佈所載資料在各重大方面均為準確及完整，且無誤導或欺詐成分； 及(ii)並無遺漏任何其他事項致使本公佈所載任何陳述 ...

致：香港交易及結算所有限公司 公司名稱: Cool Link (Holdings) Limited 呈交日期: 2025年8月5日 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 | | | 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) | 08491 | 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 | | | 500,000,000 | HKD | | 0.2 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000 | HKD | | 0.2 | HKD | | 100,000,000 | 本月底法定/註冊股本總 ...

Financial Performance - The company recorded total revenue of approximately SGD 29.4 million for the fiscal year ending December 31, 2024, a decrease compared to the previous fiscal year[7]. - The company incurred a loss of approximately SGD 4.2 million for the fiscal year ending December 31, 2024, compared to a loss of approximately SGD 1.1 million for the fiscal year ending December 31, 2023[7]. - The increase in loss was primarily due to impairment losses on interests in associates and increased administrative expenses[7]. - The group's revenue decreased by approximately SGD 1.3 million or about 4.2% to approximately SGD 29.5 million for the year ending December 31, 2024, primarily due to a reduction in frozen product orders and a decline in selling prices[13]. - The group's gross profit decreased by approximately SGD 1.1 million or about 5.9% to approximately SGD 7.4 million for the year ending December 31, 2024, while the overall gross profit margin remained unchanged at approximately 27%[15]. - Administrative and other operating expenses increased by approximately SGD 1.5 million or about 23.8% to approximately SGD 7.6 million for the year ending December 31, 2024, mainly due to rising employee costs[17]. - The group recorded a loss of approximately SGD 4.2 million for the year ending December 31, 2024, an increase of approximately SGD 3.1 million from a loss of approximately SGD 1.1 million for the year ending December 31, 2023, mainly due to impairment losses on associates and increased administrative expenses[21]. - The total comprehensive loss for the year amounted to SGD 5,198,000, compared to SGD 853,000 in 2023, indicating a substantial increase in overall losses[181]. Revenue and Cost Management - The company continues to explore diverse opportunities to broaden revenue sources and enhance market share[11]. - The company aims to expand its customer base and cultivate new customers to achieve long-term growth despite a challenging business environment[7]. - The company is actively seeking various business and investment opportunities to maximize overall benefits for itself and its shareholders[7]. - The company supplies a variety of food products, including canned goods, packaged beverages, dairy products, and frozen desserts, primarily to customers in Singapore[10]. Financial Position and Ratios - The group's current ratio improved to approximately 2.13 times as of December 31, 2024, compared to 0.94 times in 2023, primarily due to an increase in cash and cash equivalents by SGD 5.2 million[25]. - The total borrowings of the group as of December 31, 2024, were approximately SGD 7.4 million, down from SGD 10.9 million in 2023, resulting in a debt-to-equity ratio of approximately 31.5% compared to 79.0% in 2023[26]. - The total liabilities decreased from SGD 18,211 thousand in 2023 to SGD 13,505 thousand in 2024, a decline of about 26%[183]. - The total equity rose from SGD 13,759 thousand in 2023 to SGD 23,392 thousand in 2024, reflecting an increase of approximately 70%[183]. Shareholder and Governance Matters - The board does not recommend the payment of a final dividend for the year ending December 31, 2024, consistent with the previous year[42]. - The company has a shareholder communication policy in place to ensure that shareholder opinions and concerns are properly addressed[143]. - The company has established procedures for shareholders to propose candidates for the board of directors, requiring written notice and consent from the nominee[145]. - The board consists of both male and female members with diverse backgrounds and experiences, ensuring a balanced composition[123]. - The company has adopted a diversity policy that will be reviewed annually to ensure its effectiveness in promoting a diverse board composition[123]. Risk Management and Compliance - The board believes that the risk management and internal control systems are effective and adequate for the year ending December 31, 2024[135]. - The company has established a risk management policy to identify, assess, and manage various types of risks[133]. - The company has adopted a whistleblowing policy to encourage employees and stakeholders to report concerns confidentially regarding financial reporting and compliance[138]. - The company has complied with all relevant laws and regulations, with no significant violations reported for the year ending December 31, 2024[91]. Employee and Operational Insights - The group employed 60 employees as of December 31, 2024, with total employee costs of approximately SGD 4.8 million, up from SGD 4.1 million in 2023[35]. - The company emphasizes the importance of maintaining good relationships with suppliers, customers, and stakeholders, with no major disputes reported for the year ending December 31, 2024[92]. - The company is committed to environmental sustainability, promoting energy-saving practices and recycling materials at its headquarters[90]. Cash Flow and Investment Activities - Operating cash flow turned negative at SGD (5,267) thousand in 2024, down from a positive cash flow of SGD 525 thousand in 2023[187]. - The financing activities generated a net cash inflow of SGD 10,445,000 in 2024, compared to a net cash outflow of SGD 2,269,000 in 2023[188]. - The total cash and cash equivalents increased to SGD 6,842,000 at the end of 2024, up from SGD 1,607,000 at the beginning of the year[188]. - The company raised SGD 17,163,000 from rights issue in 2024, while no funds were raised from share placements[188]. Audit and Financial Reporting - The independent auditor's report confirms that the consolidated financial statements fairly present the group's financial position as of December 31, 2024[159]. - The company has been operating under the Hong Kong Financial Reporting Standards and has complied with the disclosure requirements of the Hong Kong Companies Ordinance[159]. - The financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[191].

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of SGD 29,461,000, a decrease of 4.24% from SGD 30,765,000 in 2023[4] - The gross profit for the year was SGD 7,412,000, down 13.00% from SGD 8,517,000 in the previous year[4] - The company incurred a net loss attributable to owners of SGD 4,161,000, compared to a loss of SGD 1,071,000 in 2023, representing a significant increase in losses[5] - Revenue from customer contracts for 2024 was SGD 29,461,000, a decrease of 4.25% from SGD 30,765,000 in 2023[13] - The company reported a total loss before tax of SGD 4,173,000 for the year ended December 31, 2024[22] - The company reported a loss attributable to owners of SGD 4,161,000 for the year ended December 31, 2024, compared to a loss of SGD 1,071,000 in 2023, indicating a significant increase in losses[28] - The company recorded total revenue of approximately SGD 29.5 million for the year ended December 31, 2024, a decrease of about SGD 1.3 million or approximately 4.2% compared to the previous fiscal year[38] - The company incurred a loss of approximately SGD 4.2 million for the year ended December 31, 2024, compared to a loss of approximately SGD 1.1 million for the year ended December 31, 2023[45] Assets and Liabilities - The total assets less current liabilities increased to SGD 30,246,000 from SGD 20,961,000, indicating improved asset management despite the losses[6] - Cash and cash equivalents rose to SGD 6,842,000 from SGD 1,607,000, reflecting a strong liquidity position[6] - The company reported a decrease in non-current assets to SGD 15,411,000 from SGD 17,945,000, primarily due to impairments and depreciation[6] - The company’s total equity increased to SGD 23,392,000 from SGD 13,759,000, indicating a stronger capital base[7] - The group’s total liabilities included a tax expense of SGD 12,000 for the year, compared to an expense of SGD 146,000 in 2023[23] - The company's total borrowings as of December 31, 2024, were approximately SGD 7.4 million, down from SGD 10.9 million in the previous year, resulting in a debt-to-equity ratio of approximately 31.5%[49] Income and Expenses - Interest income increased to SGD 33,000 in 2024 from SGD 30,000 in 2023, while total other income rose to SGD 699,000 from SGD 539,000[16] - The company’s financing costs increased to SGD 496,000 from SGD 434,000, reflecting higher borrowing costs[4] - The company's administrative and other operating expenses increased by approximately SGD 2 million or about 32.3% to approximately SGD 8.2 million for the year ended December 31, 2024, primarily due to increased employee costs[42] - The company's employee benefits expenses rose to SGD 4,676,000 in 2024 from SGD 3,994,000 in 2023, reflecting an increase of approximately 17.1%[26] - The cost of goods sold for the year was SGD 21,434,000, a slight decrease from SGD 22,178,000 in 2023[26] Market Strategy and Expansion - The company plans to focus on expanding its market presence in Singapore and Hong Kong, particularly in the food and healthcare sectors[9] - The company has launched a new dining business in Hong Kong as part of its market expansion strategy[21] - The company plans to continue exploring diverse opportunities to broaden revenue sources and enhance market share despite the uncertain global economic outlook[37] Shareholder Information - The total issued and paid-up shares increased to 398,606,168 shares by the end of 2024, up from 99,652,000 shares at the beginning of the year, following a rights issue[33] - The rights issue raised approximately SGD 17,532,000, with net proceeds of about SGD 17,182,000 after expenses[33] - The group has a total of 398,606,168 shares outstanding as of December 31, 2024, with significant shareholders holding the following percentages: Chen Shao Yi at 11.8%, Ni Chao Xiang at 13.15%, and Zuwegnsi Technology Group Limited at 14.97%[60][61] - The group has a share incentive plan in place, which aims to reward and retain qualified participants, with a maximum share purchase limit of 10% of the total issued shares at the beginning of each year[68][69] Corporate Governance - The company has adhered to the corporate governance code as per GEM listing rules for the year ending December 31, 2024[73] - The audit committee, consisting of three independent non-executive directors, has reviewed the audited financial performance for the year ending December 31, 2024, confirming compliance with applicable accounting standards and regulations[75] - The company has confirmed that there were no conflicts of interest or competitive businesses involving directors or major shareholders for the year ending December 31, 2024[72] - The company has adopted trading standards for directors' securities transactions in accordance with GEM listing rules[74] - The annual report for the year ending December 31, 2024, will be distributed to shareholders and published on the company's website at an appropriate time[76] - The board of directors has collectively and individually confirmed the accuracy and completeness of the information disclosed in the announcement[78] Employee and Training - As of December 31, 2024, the total employee cost for the group was approximately SGD 4.8 million, an increase from SGD 4.1 million in 2023[57] - The group provided various training programs to enhance employee skills and capabilities[57]

Investment Rating - The report assigns a "Buy (First Time)" investment rating to the company [24][40]. Core Insights - The company is positioned to benefit from the increasing demand for food supplies due to the growth in the number of ships arriving at Singapore and the rise in inbound tourists, which is expected to enhance its revenue from ship supply clients [17][66]. - The company has established strong relationships with suppliers and clients over its 20 years of industry experience, which is anticipated to support its revenue growth in the coming years [66][75]. - The report forecasts a recovery in the company's main business and potential new growth opportunities through mergers and acquisitions in the sportswear sector [66]. Company Overview - The company supplies a variety of food products, including canned goods, packaged beverages, dairy products, and frozen items, primarily to ship supply clients in Singapore [3][4]. - The company has a diverse product portfolio, including cheese, juice, milk, ice cream, and bread, and has expanded into value-added food processing to meet client needs [3][4][13]. - The management team is experienced, with key leaders having nearly 20 years of experience in the food distribution sector [5][62]. Financial Performance - The company reported a revenue of 30.448 million SGD from ship supply clients in 2023, representing a growth of 20.5 million SGD from the previous year, with this segment accounting for 98.97% of total revenue [65]. - The forecasted revenues for 2024, 2025, and 2026 are 33.359 million SGD, 35.546 million SGD, and 37.948 million SGD, respectively, with expected EPS of 0.04, 0.06, and 0.18 HKD [66]. Market Trends - The report highlights a significant increase in the number of ships arriving at Singapore, with a 4.91% year-on-year growth in the first eight months of 2024, which is expected to drive demand for food supplies [17][75]. - The tourism sector in Singapore is projected to recover, with inbound tourists expected to reach between 15 million and 16 million in 2024, contributing to increased food supply needs [17][66]. Valuation Analysis - The report suggests a P/E valuation range of 40X-50X for the company, translating to a target stock price of 1.60 to 2.00 HKD per share based on expected earnings growth [20][66].