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，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 METASURFACE TECHNOLOGIES HOLDINGS LIMITED 提名委員會成員變動 元續科技控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，自2025年 8月26日起生效： 經上述變動後，提名委員會由兩名獨立非執行董事（即提名委員會主席田揚康先生 及陳志強先生）及一名執行董事（即余偉娟女士）組成。 承董事會命 元續科技控股有限公司 主席、行政總裁兼執行董事 蔡水理 新加坡，2025年8月26日 – 1 – (i) 執行董事拿督斯里蔡水理先生不再擔任本公司提名委員會（「提名委員會」）主席 及成員； (ii) 獨立非執行董事田揚康先生獲委任為提名委員會主席；及 (iii) 執行董事余偉娟女士獲委任為提名委員會成員。 元 續 科技控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8637） 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 ...

[Company Information](index=5&type=section&id=Company%20Information) This section provides an overview of the company's key personnel, board structure, and essential contact and registration details [Board of Directors and Key Personnel](index=5&type=section&id=Board%20of%20Directors%20and%20Key%20Personnel) This section outlines the company's board members, committee compositions, and key corporate roles including joint company secretaries, authorized representatives, independent auditors, and compliance advisors - Board members include **Datuk Seri Chua Soo Lai** (Chairman and CEO), **Mdm. Yeo Wee Kuan**, and **Mr. Soh Chin Yew** (appointed March 28, 2025) as Executive Directors; **Mr. Cheng Chang Kim** (re-designated March 28, 2025) as Non-Executive Director; and **Mr. Tan Chee Keong**, **Mr. Ang Yong Seng**, and **Mr. Tien Yang Kang** as Independent Non-Executive Directors[9](index=9&type=chunk) - The Audit, Remuneration, and Nomination Committees are all chaired by Independent Non-Executive Directors, with a change in the Nomination Committee on August 26, 2025, where **Datuk Seri Chua Soo Lai resigned** and **Mdm. Yeo Wee Kuan was appointed**[9](index=9&type=chunk) - Independent Auditor is **PricewaterhouseCoopers LLP**, and Compliance Adviser is **UOB Kay Hian (Hong Kong) Limited**[9](index=9&type=chunk) [Company Contact Information](index=5&type=section&id=Company%20Contact%20Information) This section provides the company's registered office, principal places of business in Singapore and Hong Kong, legal counsel, principal bankers, share registrar, website, and stock code - The company's registered office is in the Cayman Islands, with its headquarters and principal place of business in Singapore at **No. 43 Tuas View Circuit, Singapore 637360**[9](index=9&type=chunk)[10](index=10&type=chunk) - The principal place of business in Hong Kong is **Unit 1917, 19/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong**[10](index=10&type=chunk) - The company's stock code is **8637**, and its website is **www.metatechnologies.com.sg**[10](index=10&type=chunk) [Condensed Consolidated Statement of Comprehensive Income](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) This section presents the company's unaudited interim financial results, showing significant growth in revenue and profit, and improved earnings per share [Financial Performance Overview](index=6&type=section&id=Financial%20Performance%20Overview) The unaudited interim financial results for the six months ended June 30, 2025, show significant growth in revenue and profit, alongside an increase in earnings per share Key Data from Condensed Consolidated Statement of Comprehensive Income for the Six Months Ended June 30, 2025 | Metric | June 30, 2025 (SGD thousand) | June 30, 2024 (SGD thousand) | Change (SGD thousand) | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 24,766 | 18,598 | 6,168 | 33.16% | | Cost of Sales | (14,355) | (11,203) | (3,152) | 28.13% | | Gross Profit | 10,411 | 7,395 | 3,016 | 40.79% | | Operating Profit | 5,527 | 3,488 | 2,039 | 58.46% | | Profit Before Tax | 3,953 | 2,754 | 1,199 | 43.54% | | Profit for the Period | 3,132 | 2,097 | 1,035 | 49.36% | | Basic and Diluted EPS (Singapore cents per share) | 2.10 | 1.70 | 0.40 | 23.53% | [Condensed Consolidated Statement of Financial Position](index=7&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) This section provides an overview of the company's assets and liabilities, indicating a robust financial position with growth in total assets and net assets [Assets and Liabilities Overview](index=7&type=section&id=Assets%20and%20Liabilities%20Overview) As of June 30, 2025, the company's total assets and net assets increased, with a rise in net current assets, reflecting a stable financial position Key Data from Condensed Consolidated Statement of Financial Position as of June 30, 2025 | Metric | June 30, 2025 (SGD thousand) | December 31, 2024 (SGD thousand) | Change (SGD thousand) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Non-current Assets | 42,580 | 43,470 | (890) | -2.05% | | Current Assets | 37,653 | 33,030 | 4,623 | 14.00% | | Current Liabilities | 12,943 | 11,656 | 1,287 | 11.04% | | Net Current Assets | 24,710 | 21,374 | 3,336 | 15.61% | | Non-current Liabilities | 23,590 | 25,432 | (1,842) | -7.24% | | Net Assets | 43,700 | 39,412 | 4,288 | 10.88% | | Total Equity Attributable to Owners of the Company | 43,700 | 39,412 | 4,288 | 10.88% | [Condensed Consolidated Statement of Changes in Equity](index=9&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) This section details the changes in the company's total equity, primarily driven by profit for the period, share of associate's capital contribution, and share-based payment expenses [Analysis of Changes in Equity](index=9&type=section&id=Analysis%20of%20Changes%20in%20Equity) For the six months ended June 30, 2025, total equity increased from SGD 39,412 thousand to SGD 43,700 thousand, mainly due to profit for the period, share of associate's capital contribution, and share-based payment expenses Changes in Equity for the Six Months Ended June 30, 2025 | Metric | Balance as of January 1, 2025 (SGD thousand) | Balance as of June 30, 2025 (SGD thousand) | Change (SGD thousand) | | :--- | :--- | :--- | :--- | | Share Capital | 26 | 26 | 0 | | Retained Earnings/(Accumulated Losses) | (2,924) | 208 | 3,132 | | Currency Translation Reserve | (264) | (258) | 6 | | Share Premium | 8,327 | 8,327 | 0 | | Other Reserves | 34,247 | 35,397 | 1,150 | | Total Equity | 39,412 | 43,700 | 4,288 | - Profit for the period contributed **SGD 3,132 thousand**, share of capital contribution from an associate contributed **SGD 171 thousand**, and share-based payment expenses for employees contributed **SGD 979 thousand**, collectively driving the increase in equity[17](index=17&type=chunk) [Condensed Consolidated Statement of Cash Flows](index=10&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) This section analyzes the company's cash flows, showing net cash from operating activities, but net cash outflows from investing and financing activities [Cash Flow Analysis](index=10&type=section&id=Cash%20Flow%20Analysis) For the six months ended June 30, 2025, net cash from operating activities was SGD 5,099 thousand, while investing and financing activities resulted in net outflows, leading to a net increase of SGD 985 thousand in cash and cash equivalents Key Data from Condensed Consolidated Statement of Cash Flows for the Six Months Ended June 30, 2025 | Activity Type | June 30, 2025 (SGD thousand) | June 30, 2024 (SGD thousand) | Change (SGD thousand) | | :--- | :--- | :--- | :--- | | Net Cash from Operating Activities | 5,099 | 6,455 | (1,356) | | Net Cash Used in Investing Activities | (1,654) | (403) | (1,251) | | Net Cash Used in Financing Activities | (2,460) | (2,852) | 392 | | Net Increase in Cash and Cash Equivalents | 985 | 3,200 | (2,215) | | Cash and Cash Equivalents at End of Period | 18,959 | 12,425 | 6,534 | - Investing cash outflow increased primarily due to a significant rise in additions to property, plant and equipment, from **SGD 77 thousand** in the same period of 2024 to **SGD 1,591 thousand**[19](index=19&type=chunk) [Notes to the Unaudited Condensed Consolidated Interim Financial Statements](index=11&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Consolidated%20Interim%20Financial%20Statements) This section provides detailed notes to the interim financial statements, covering general information, basis of preparation, revenue, expenses, and balance sheet items [1. General Information](index=11&type=section&id=1.%20General%20Information) This section introduces Meta Technologies Holdings Limited's registration, principal business activities (precision machining and welding services), listing date, and ultimate controlling parties - The company was incorporated in the Cayman Islands on **December 7, 2021**, primarily engaged in precision machining and welding services, and listed on GEM of the Stock Exchange on **July 2, 2024**[21](index=21&type=chunk) - The ultimate controlling parties are **Datuk Seri Chua Soo Lai** and **Mdm. Yeo Wee Kuan**, who are also directors of the Company[22](index=22&type=chunk) [2. Basis of Preparation](index=11&type=section&id=2.%20Basis%20of%20Preparation) This section explains that the interim financial statements are prepared in accordance with IFRS and GEM Listing Rules, with consistent accounting policies from the previous year - The unaudited condensed consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board and the GEM Listing Rules, including disclosures required by International Accounting Standard 34 'Interim Financial Reporting'[25](index=25&type=chunk) - The accounting policies and methods of computation used in preparing the unaudited condensed consolidated interim financial statements for the six months ended June 30, 2025, are consistent with those adopted in the annual audited financial statements for the year ended December 31, 2024, with new standards and amendments not expected to have a significant impact[25](index=25&type=chunk) [3. Revenue and Segment Information](index=12&type=section&id=3.%20Revenue%20and%20Segment%20Information) This section details revenue by service category, customer segment, and geographical location, highlighting precision machining and the semiconductor industry as key growth drivers Revenue by Service Category (SGD thousand) | Service Category | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Precision Machining | 13,240 | 8,133 | 5,107 | 62.79% | | Precision Welding | 11,526 | 10,465 | 1,061 | 10.14% | | **Total Revenue** | **24,766** | **18,598** | **6,168** | **33.16%** | Revenue by Customer Segment (SGD thousand) | Customer Segment | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Semiconductor | 22,911 | 16,264 | 6,647 | 40.87% | | Aerospace | 1,214 | 1,766 | (552) | -31.26% | | Data Storage | 593 | 464 | 129 | 27.80% | Revenue by Geographical Location (SGD thousand) | Geographical Location | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Singapore | 9,079 | 5,461 | 3,618 | 66.25% | | Malaysia | 10,758 | 8,253 | 2,505 | 30.35% | | United States | 2,794 | 2,882 | (88) | -3.05% | [4. Other Income](index=13&type=section&id=4.%20Other%20Income) This section discloses a 46.6% year-on-year decrease in other income, primarily due to reduced rental and service income following the expiry of agreements Other Income Details (SGD thousand) | Item | June 30, 2025 | June 30, 2024 | Change | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Rental Income | 370 | 651 | (281) | -43.16% | | Service Income | — | 566 | (566) | -100.00% | | Scrap Sales Income | 85 | 44 | 41 | 93.18% | | Government Grants | 43 | 43 | 0 | 0.00% | | Others | 268 | 131 | 137 | 104.58% | | **Total** | **766** | **1,435** | **(669)** | **-46.62%** | - The decrease in other income was primarily due to the expiry of rental and service agreements with independent third parties, which generated rental, storage, and pipe management service income in the prior period[67](index=67&type=chunk) [5. Other Gains / (Losses) - Net](index=14&type=section&id=5.%20Other%20Gains%20%2F%20(Losses)%20-%20Net) This section reports a net other loss of SGD 548 thousand for the period, primarily due to exchange losses, partially offset by a gain from equity dilution in an associate Other Gains/(Losses) - Net (SGD thousand) | Item | June 30, 2025 | June 30, 2024 | Change | | :--- | :--- | :--- | :--- | | Net Foreign Exchange (Loss)/Gain | (849) | 320 | (1,169) | | Gain on Disposal of Right-of-Use Assets | — | 55 | (55) | | Gain on Equity Dilution in an Associate | 301 | — | 301 | | **Total** | **(548)** | **375** | **(923)** | - For the six months ended June 30, 2025, the Group recorded a net exchange loss of approximately **SGD 849 thousand**, compared to a net exchange gain of approximately **SGD 320 thousand** for the six months ended June 30, 2024[32](index=32&type=chunk)[68](index=68&type=chunk) [6. Administrative Expenses](index=14&type=section&id=6.%20Administrative%20Expenses) This section discloses a 10.8% year-on-year decrease in administrative expenses, mainly due to the absence of listing expenses, partially offset by increased share-based payments and professional fees Administrative Expenses Details (SGD thousand) | Item | June 30, 2025 | June 30, 2024 | Change | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Wages and Salaries | 1,779 | 1,547 | 232 | 15.00% | | Share-based Payments | 979 | — | 979 | N/A | | Listing Expenses | — | 2,316 | (2,316) | -100.00% | | Professional Fees | 287 | 22 | 265 | 1204.55% | | **Total** | **5,102** | **5,717** | **(615)** | **-10.76%** | - The decrease in administrative expenses was mainly due to no listing expenses incurred for the six months ended June 30, 2025 (2024: approximately **SGD 2.3 million**), partially offset by share-based payments to employees of approximately **SGD 1.0 million** and an increase in professional fees of approximately **SGD 0.3 million**[69](index=69&type=chunk) [7. Profit Before Income Tax](index=15&type=section&id=7.%20Profit%20Before%20Income%20Tax) This section details employee costs and other items included in profit before tax, showing a significant increase in employee costs while depreciation remained relatively stable Employee Costs Included in Profit Before Tax (SGD thousand) | Item | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Salaries, Wages and Other Benefits | 5,566 | 3,625 | 1,941 | 53.55% | | Defined Contribution Retirement Plan Contributions | 550 | 477 | 73 | 15.30% | | **Total Employee Costs** | **6,116** | **4,102** | **2,014** | **49.09%** | - Employee benefits expense recognized in profit or loss for the six months ended June 30, 2025, was **SGD 6,115 thousand**, a significant increase from **SGD 4,102 thousand** in the same period of 2024[36](index=36&type=chunk) [8. Income Tax Expense](index=15&type=section&id=8.%20Income%20Tax%20Expense) This section discloses a 24.96% year-on-year increase in income tax expense, primarily driven by a shift from deferred tax income to expense Income Tax Expense Details (SGD thousand) | Item | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Current Tax | 567 | 714 | (147) | -20.59% | | Deferred Tax | 254 | (57) | 311 | N/A | | **Total Income Tax Expense** | **821** | **657** | **164** | **24.96%** | [9. Dividends](index=16&type=section&id=9.%20Dividends) This section states that the Board of Directors decided not to declare any interim dividend for the reporting period, consistent with the prior year - The Board of Directors did not declare any interim dividend for the six months ended June 30, 2025 (June 30, 2024: nil)[38](index=38&type=chunk) [10. Earnings Per Share](index=16&type=section&id=10.%20Earnings%20Per%20Share) This section discloses an increase in basic and diluted earnings per share from 1.70 Singapore cents to 2.10 Singapore cents, primarily due to higher profit for the period Earnings Per Share Data | Metric | June 30, 2025 | June 30, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Profit for the Period Attributable to Owners of the Company (SGD thousand) | 3,132 | 2,097 | 1,035 | 49.36% | | Weighted Average Number of Ordinary Shares (thousand shares) | 150,000 | 123,000 | 27,000 | 21.95% | | Basic and Diluted EPS (Singapore cents per share) | 2.10 | 1.70 | 0.40 | 23.53% | - Diluted earnings per share were the same as basic earnings per share, as there were no potentially dilutive ordinary shares outstanding during both periods[40](index=40&type=chunk) [11. Property, Plant and Equipment](index=17&type=section&id=11.%20Property%2C%20Plant%20and%20Equipment) This section discloses an increase in the carrying amount of property, plant and equipment, mainly due to additions during the period Carrying Amount of Property, Plant and Equipment (SGD thousand) | Date | Carrying Amount | | :--- | :--- | | June 30, 2025 (Unaudited) | 7,056 | | December 31, 2024 (Audited) | 5,900 | - Additions of **SGD 1,591 thousand** during the period were primarily for construction in progress[42](index=42&type=chunk) [12. Investment Properties](index=18&type=section&id=12.%20Investment%20Properties) This section discloses a slight decrease in the carrying amount of investment properties, primarily attributable to depreciation Carrying Amount of Investment Properties (SGD thousand) | Date | Carrying Amount | | :--- | :--- | | June 30, 2025 (Unaudited) | 513 | | December 31, 2024 (Audited) | 534 | - The Group's investment properties include a leasehold property located at **10B Enterprise Road, Singapore 629828**, accounted for at cost less accumulated depreciation and any impairment losses[44](index=44&type=chunk) [13. Right-of-Use Assets](index=19&type=section&id=13.%20Right-of-Use%20Assets) This section discloses a decrease in the carrying amount of right-of-use assets, primarily due to depreciation expenses during the period Carrying Amount of Right-of-Use Assets (SGD thousand) | Date | Carrying Amount | | :--- | :--- | | June 30, 2025 (Unaudited) | 24,869 | | December 31, 2024 (Audited) | 25,951 | - Depreciation expense for the period was **SGD 1,145 thousand**[46](index=46&type=chunk) [14. Intangible Assets](index=20&type=section&id=14.%20Intangible%20Assets) This section discloses a decrease in the carrying amount of intangible assets, primarily due to amortization expenses during the period Carrying Amount of Intangible Assets (SGD thousand) | Date | Carrying Amount | | :--- | :--- | | June 30, 2025 (Unaudited) | 1,849 | | December 31, 2024 (Audited) | 1,993 | - Amortization expense for the period was **SGD 144 thousand**[47](index=47&type=chunk) [15. Trade and Other Receivables](index=21&type=section&id=15.%20Trade%20and%20Other%20Receivables) This section discloses an increase in total trade and other receivables, mainly driven by higher trade receivables from third parties Trade and Other Receivables (SGD thousand) | Item | June 30, 2025 | December 31, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Non-current Amount Due from an Associate | 2,103 | 2,783 | (680) | -24.43% | | Current Trade Receivables from Third Parties | 9,957 | 7,504 | 2,453 | 32.69% | | **Total** | **11,392** | **8,955** | **2,437** | **27.21%** | Aging Analysis of Trade Receivables (SGD thousand) | Aging | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | 0 to 30 days | 6,573 | 5,084 | 1,489 | | 31 to 60 days | 2,075 | 2,000 | 75 | | 61 to 90 days | 569 | 374 | 195 | | Over 90 days | 740 | 46 | 694 | | **Total** | **9,957** | **7,504** | **2,453** | - Trade receivables aged over **90 days** significantly increased from **SGD 46 thousand** as of December 31, 2024, to **SGD 740 thousand** as of June 30, 2025[52](index=52&type=chunk) [16. Trade and Other Payables](index=22&type=section&id=16.%20Trade%20and%20Other%20Payables) This section discloses an increase in total trade and other payables, primarily due to higher trade payables to third parties Trade and Other Payables (SGD thousand) | Item | June 30, 2025 | December 31, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Current Trade Payables to Third Parties | 4,464 | 3,139 | 1,325 | 42.21% | | Current Non-trade Payables | 1,725 | 2,507 | (782) | -31.19% | | **Total** | **6,189** | **5,646** | **543** | **9.62%** | Aging Analysis of Trade Payables (SGD thousand) | Aging | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | 0 to 30 days | 3,405 | 1,360 | 2,045 | | 31 to 60 days | 615 | 1,209 | (594) | | 61 to 90 days | 192 | 260 | (68) | | Over 90 days | 252 | 310 | (58) | | **Total** | **4,464** | **3,139** | **1,325** | [17. Borrowings](index=23&type=section&id=17.%20Borrowings) This section discloses a decrease in total borrowings, mainly due to repayments of bank loans during the period Borrowings Details (SGD thousand) | Item | June 30, 2025 | December 31, 2024 | Change | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Current Bank Loans | 2,233 | 2,390 | (157) | -6.57% | | Non-current Bank Loans | 101 | 145 | (44) | -30.34% | | **Total** | **2,334** | **2,535** | **(201)** | **-7.93%** | - Outstanding bank borrowings bear interest at effective annual rates ranging from **3.42% to 5.75%**, denominated in Singapore Dollars or Malaysian Ringgit, and are repayable in monthly installments with maturities expected between **2025 and 2028**[73](index=73&type=chunk) [18. Share Capital](index=23&type=section&id=18.%20Share%20Capital) This section discloses that the company's share capital structure remained stable during the reporting period, with 150,000,000 ordinary shares issued Share Capital Structure (SGD thousand) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Authorized Share Capital (SGD thousand) | 172 | 172 | | Share Capital (SGD thousand) | 26 | 26 | | Share Premium (SGD thousand) | 8,327 | 8,327 | | **Total** | **8,353** | **8,353** | - As of June 30, 2025, the number of issued ordinary shares was **150,000,000** with a par value of **HKD 0.001**[57](index=57&type=chunk) - On July 2, 2024, the Company issued **27,000,000 ordinary shares** through a public offer and placing, and the Company's shares were listed on GEM of The Stock Exchange of Hong Kong Limited[59](index=59&type=chunk) [Management Discussion and Analysis](index=25&type=section&id=Management%20Discussion%20and%20Analysis) This section provides a comprehensive review of the company's business performance, financial results, liquidity, capital structure, and future strategies [Business Review](index=25&type=section&id=Business%20Review) As a precision engineering service provider, the company saw revenue growth in both precision machining and welding services, driven by increased demand in the semiconductor industry - For the six months ended June 30, 2025, revenue from precision machining services and precision welding services increased by approximately **SGD 5.1 million** and **SGD 1.1 million** respectively compared to the same period in 2024, primarily due to increased demand for related products and services in the semiconductor industry[62](index=62&type=chunk) - As of June 30, 2025, the Group's accumulated outstanding purchase orders were approximately **SGD 17.8 million**, compared to **SGD 17.2 million** as of June 30, 2024, reflecting stable demand and a robust pipeline of existing projects[63](index=63&type=chunk) [Future Outlook](index=25&type=section&id=Future%20Outlook) The company aims to consolidate its market position and achieve sustainable growth by deepening existing client relationships and expanding into new sectors like data storage, oil and gas, and aerospace - The Group's business objective is to provide first-class value in precision engineering based on trust, knowledge, innovation, and synergy, and to build mutually beneficial partnerships with clients[64](index=64&type=chunk) - The Group intends to consolidate its position in industries such as data storage, oil and gas, and aerospace by deepening cooperation with existing clients and identifying new clients and opportunities in module assembly and related services[64](index=64&type=chunk) - The Group actively evaluates its business strategies to optimize capital and resource utilization, thereby enhancing overall performance and continuing to seek diversification of revenue sources[64](index=64&type=chunk) [Financial Review](index=26&type=section&id=Financial%20Review) This section analyzes changes in revenue, cost of sales, other income, other gains/losses, administrative expenses, finance costs, and profit for the period, along with their key drivers - Revenue increased by **33.2%** from approximately **SGD 18.6 million** to approximately **SGD 24.8 million**, primarily due to increased demand in the semiconductor industry[65](index=65&type=chunk) - Cost of sales increased by **28.1%** from approximately **SGD 11.2 million** to approximately **SGD 14.4 million**, consistent with sales growth[66](index=66&type=chunk) - Other income decreased by **46.6%** from approximately **SGD 1.4 million** to approximately **SGD 0.8 million**, mainly due to the expiry of rental and service agreements[67](index=67&type=chunk) - A net other loss of approximately **SGD 0.5 million** was recorded, compared to a net gain of approximately **SGD 0.4 million** in the prior period, primarily due to exchange losses, partially offset by a gain from equity dilution in an associate[68](index=68&type=chunk) - Administrative expenses decreased by **10.8%** from approximately **SGD 5.7 million** to approximately **SGD 5.1 million**, mainly due to the absence of listing expenses, partially offset by increased share-based payments and professional fees[69](index=69&type=chunk) - Finance costs increased by **108.0%** from approximately **SGD 0.6 million** to approximately **SGD 1.3 million**, primarily due to the recognition of discounting of receivables from an associate[70](index=70&type=chunk) - Profit for the period increased from approximately **SGD 2.1 million** in the same period of 2024 to approximately **SGD 3.1 million** in the same period of 2025[72](index=72&type=chunk) [Liquidity, Financial Resources, and Capital Structure](index=27&type=section&id=Liquidity%2C%20Financial%20Resources%2C%20and%20Capital%20Structure) The company's capital structure has remained stable since its listing, with funding needs met through cash, operating cash flow, borrowings, and share offer proceeds, maintaining a low gearing ratio - The Company's shares were successfully listed on GEM of the Stock Exchange on July 2, 2024, and the Group's capital structure has not undergone any significant changes since then[73](index=73&type=chunk) Cash and Bank Balances vs. Borrowings (SGD thousand) | Metric | June 30, 2025 | December 31, 2024 | Change | Growth Rate | | :--- | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 19,000 | 18,000 | 1,000 | 5.56% | | Total Borrowings | 2,300 | 2,500 | (200) | -8.00% | - The Group's gearing ratio was approximately **5.3%** as of June 30, 2025 (December 31, 2024: **6.4%**), indicating reduced financial leverage[74](index=74&type=chunk) - For the six months ended June 30, 2025, capital expenditure primarily stemmed from renovation costs of approximately **SGD 1.4 million** incurred to support the Group's expansion plans[75](index=75&type=chunk) [Issue of Shares and Use of Proceeds from Share Offer](index=28&type=section&id=Issue%20of%20Shares%20and%20Use%20of%20Proceeds%20from%20Share%20Offer) This section details the net proceeds from the July 2024 GEM listing and their allocation towards expanding operations, enhancing quality control, increasing marketing efforts, and repaying bank borrowings - The Company's shares have been listed on GEM of the Stock Exchange since July 2, 2024, raising approximately **HKD 65.34 million** (net proceeds of approximately **SGD 1,878 thousand**) through the share offer[79](index=79&type=chunk)[80](index=80&type=chunk) Use of Net Proceeds from Share Offer (SGD thousand) | Purpose | Actual Total Net Proceeds | Approximate Percentage of Total Net Proceeds | Amount Actually Utilized as of June 30, 2025 | Net Proceeds Unutilized as of June 30, 2025 | Expected Date of Full Utilization | | :--- | :--- | :--- | :--- | :--- | :--- | | Expand operational scale and enhance production capacity | 1,129 | 60.1% | 510 | 619 | 2026年6月30日 | | Strengthen quality control capabilities | 289 | 15.4% | 64 | 225 | 2025年12月31日 | | Increase marketing efforts | 88 | 4.7% | 32 | 56 | 2026年6月30日 | | Repay certain bank borrowings for general working capital | 184 | 9.8% | 184 | — | N/A | | Working capital and general corporate purposes | 188 | 10.0% | 98 | 90 | 2026年6月30日 | | **Total** | **1,878** | **100%** | **888** | **990** | | - As of June 30, 2025, **SGD 888 thousand** has been utilized, with the remaining **SGD 990 thousand** placed in short-term interest-bearing accounts with licensed commercial banks and/or other authorized financial institutions[80](index=80&type=chunk)[81](index=81&type=chunk) - Actual implementation plans include procuring raw materials, hiring CNC programmers and production planners, improving remuneration for existing employees, conducting marketing activities, and maintaining the company website[84](index=84&type=chunk) [Pledge of Group Assets](index=30&type=section&id=Pledge%20of%20Group%20Assets) This section discloses that the company's freehold land and investment properties are pledged as collateral for term loan facilities - As of June 30, 2025, freehold land and buildings with a carrying amount of approximately **SGD 1.2 million** and investment properties of **SGD 513 thousand** were pledged as collateral for term loan facilities[85](index=85&type=chunk) [Foreign Exchange Risk Management](index=30&type=section&id=Foreign%20Exchange%20Risk%20Management) This section discloses the company's exposure to currency risk primarily from USD-denominated transactions, with no current hedging policy but close monitoring by management - The Group's transactional currency risk arises from sales or purchases denominated in currencies other than the Group's functional currency, primarily USD[86](index=86&type=chunk) - The Group currently has no foreign currency hedging policy as it considers foreign exchange risk not significant. However, management will continue to closely monitor the Group's foreign exchange exposure and consider hedging significant risks when necessary[86](index=86&type=chunk) [Employees and Remuneration Policy](index=30&type=section&id=Employees%20and%20Remuneration%20Policy) As of June 30, 2025, the company increased its employee headcount and staff costs, focusing on attracting and retaining talent through competitive remuneration and training - As of June 30, 2025, the Group employed a total of **189 employees** (December 31, 2024: **179 employees**)[89](index=89&type=chunk) - For the six months ended June 30, 2025, staff costs were approximately **SGD 5.1 million** (six months ended June 30, 2024: **SGD 4.1 million**), including directors' emoluments but excluding share-based payments[89](index=89&type=chunk) - The Group regularly reviews remuneration packages and provides training to employees to attract and retain competent staff and enhance the knowledge base of its workforce[89](index=89&type=chunk)[90](index=90&type=chunk) [Other Information](index=31&type=section&id=Other%20Information) This section covers various corporate governance and disclosure items, including directors' and substantial shareholders' interests, share option scheme, connected transactions, and compliance matters [Directors' and Chief Executive's Interests in Shares](index=31&type=section&id=Directors'%20and%20Chief%20Executive's%20Interests%20in%20Shares) This section discloses the long positions of directors, chief executive, and their associates in the company's ordinary shares and associated corporations' shares Directors' and Chief Executive's Long Positions in Company Shares (as of June 30, 2025) | Director/Chief Executive Name | Total Shares Held/Interested In | Percentage of Total Issued Shares | | :--- | :--- | :--- | | Chua Soo Lai | 79,677,814 | 53.12% | | Yeo Wee Kuan | 79,677,814 | 53.12% | | Soh Chin Yew | 7,405,369 | 4.94% | | Cheng Chang Kim | 12,299,998 | 8.20% | | Ang Yong Seng | 80,000 | 0.05% | - **Datuk Seri Chua Soo Lai** and **Mdm. Yeo Wee Kuan** indirectly hold substantial shares through their wholly-owned controlled corporations, **SGP Capital Holdings Limited** and **Baccini Capital Holdings Limited**[93](index=93&type=chunk) [Substantial Shareholders' Interests in Shares](index=32&type=section&id=Substantial%20Shareholders'%20Interests%20in%20Shares) This section discloses the long positions of substantial shareholders, other than directors and the chief executive, in the company's shares Substantial Shareholders' Long Positions in Company Shares (as of June 30, 2025) | Substantial Shareholder Name/Entity | Capacity/Nature of Interest | Number of Shares Held/Interested In | Percentage of Total Issued Shares | | :--- | :--- | :--- | :--- | | SGP BVI | Beneficial Interest | 56,272,335 | 37.51% | | Baccini | Beneficial Interest | 22,373,479 | 14.92% | | Angelling | Beneficial Interest | 12,299,998 | 8.20% | [Share Option Scheme](index=33&type=section&id=Share%20Option%20Scheme) This section discloses the adoption of a share option scheme on June 7, 2024, with no options granted or outstanding as of the reporting date - The Company adopted a share option scheme on **June 7, 2024**, with terms complying with Chapter 23 of the GEM Listing Rules[98](index=98&type=chunk) - The Company has not granted any share options during the period or since the adoption of the scheme, and there were no outstanding share options as of June 30, 2025[99](index=99&type=chunk) [Connected Transactions and Related Party Transactions](index=33&type=section&id=Connected%20Transactions%20and%20Related%20Party%20Transactions) This section discloses connected transactions, specifically the purchase of goods and services from Metasurface & Co, confirming compliance with GEM Listing Rules Connected Transactions Details (SGD thousand) | Transacting Party | Transaction Type | June 30, 2025 | June 30, 2024 | | :--- | :--- | :--- | :--- | | **Metasurface & Co** | Purchase of Goods and Services | 155 | 110 | | Metaoptics Technologies | Apportionment of Administrative Fees | — | 3 | - The Group has complied with the disclosure requirements of Chapter 20 of the GEM Listing Rules[100](index=100&type=chunk) [Purchase, Sale or Redemption of the Company's Listed Shares](index=34&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company's%20Listed%20Shares) This section reports that neither the company nor its subsidiaries purchased, redeemed, or sold any of its listed securities or treasury shares during the reporting period - For the six months ended June 30, 2025, neither the Company nor any of its subsidiaries purchased, redeemed, or sold any of the Company's listed securities or treasury shares[105](index=105&type=chunk) [Directors' Securities Transactions](index=34&type=section&id=Directors'%20Securities%20Transactions) This section discloses the company's adoption of the required standard for directors' securities transactions, with all directors confirming compliance during the reporting period - The Company has adopted the required standard for securities transactions by directors as set out in Rules 5.48 to 5.67 of the GEM Listing Rules[107](index=107&type=chunk) - Each director confirmed compliance with the required standard during the six months ended June 30, 2025[107](index=107&type=chunk) [Corporate Governance Practices](index=34&type=section&id=Corporate%20Governance%20Practices) This section discloses the company's commitment to corporate governance, noting the combined roles of Chairman and CEO, and the Audit Committee's review of interim financial statements - The Company's corporate governance practices are formulated based on the principles and code provisions set out in the Corporate Governance Code ('CG Code') in Appendix C1 Part 2 of the GEM Listing Rules[113](index=113&type=chunk) - The roles of Chairman and Chief Executive Officer are combined and held by **Datuk Seri Chua Soo Lai**, an arrangement the Board believes benefits the Group's management and aligns with the overall interests of the Company and its shareholders[115](index=115&type=chunk) - The Audit Committee, together with management, has reviewed the Group's accounting principles and practices, as well as this report and the Group's unaudited condensed consolidated interim financial statements for the six months ended June 30, 2025[116](index=116&type=chunk) [Events After Reporting Period](index=35&type=section&id=Events%20After%20Reporting%20Period) This section discloses that no significant events occurred after June 30, 2025, up to the report date, that would materially affect the group's financial position or future operations - No significant events occurred from June 30, 2025, up to the date of this report that could materially affect the Group's assets, liabilities, or future operations[117](index=117&type=chunk)

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，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 新加坡，2025年8月14日 （股份代號：8637） 董事會會議召開日期 元續科技控股有限公司（「本公司」及其附屬公司「本集團」）董事會（「董事會」）兹通告 謹定於2025年8月26日（星期二）舉行董事會會議，以考慮及通過本集團截至2025年6 月30日止的六個月中期業績，及派發中期股息（如有），以及處理其他事項。 承董事會命 元續科技控股有限公司 主席、行政總裁兼執行董事 蔡水理 METASURFACE TECHNOLOGIES HOLDINGS LIMITED 元 續 科技控股有限公司 （於開曼群島註冊成立的有限公司） 於本公告日期，本公司之執行董事為拿督斯里蔡水理先生、余偉娟女士及蘇振裕先 生；本公司之非執行董事為程章金先生；以及獨立非執行董事為陳志強先生、洪勇 勝先生及田揚康先生。 – 1 – 本公告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，董事願就此共同及個別地承 ...

1、核心业务需求强劲：半导体行业供应链对元续科技提供的精密机加工及精密焊接产品和服务需求显著增加，带动集团收入及 毛利双升； 2、费用端优化：期内无上市相关一次性开支，进一步提振盈利能力。 元续科技专注于为半导体、医疗设备及高端制造行业提供高精度金属结构件解决方案，产品广泛应用于晶圆加工、封装测试、 光刻系统等核心环节。随着全球半导体资本开支回暖，尤其是先进制程与先进封装产能扩张，公司订单量持续增长，产能利用 率维持高位。 8月6日，香港联交所GEM上市公司元续科技控股有限公司（股份代号：8637）发布正面盈利预告，预计截至2025年6月30日止六 个月，集团录得期内净利润约310万至370万新加坡元，较2024年同期的210万新加坡元增长约48%至76%，业绩表现显著优于市 场预期。 根据公告，利润增长主要得益于两大因素： ...

格隆汇8月6日丨元续科技(08637.HK)公告，集团预计于截至2025年6月30日止6个月录得介乎约310万坡 元至约370万坡元期内利润，而截至2024年6月30日止6个月期内利润为约210万坡元。 根据目前可得资料，截至2025年6月30日止6个月期内利润增加主要由于(i)半导体行业供应链对集团精密 机加工及精密焊接产品及服务的需求增加，导致集团收入及毛利增加，以及(ii)截至2025年6月30日止6 个月并无上市开支。 ...

本文源自：金融界AI电报 元续科技(08637.HK)发布公告，集团预计于截至2025年6月30日止六个月取得介于约310万坡元至约370 万坡元的期内利润，而截至2024年6月30日止六个月期内利润为约210万坡元。 ...

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。 於本公告日期，本公司仍在編製本集團截至2025年6月30日止六個月的業績（「中期 業績」）。本公告所載資料僅基於董事會對本集團截至2025年6月30日止六個月未經 審核綜合管理賬目的初步評估，其並未經本公司核數師審閱，亦未經本公司審計委 員會審閱。該等財務資料尚待落實及作出必要調整。中期業績預計將由本公司於 2025年8月底前公佈。股東及有意投資者於本公司刊發中期業績公告時務請細閱該 公告。 METASURFACE TECHNOLOGIES HOLDINGS LIMITED 元 續 科技控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8637） 正面盈利預告 本公告乃由元續科技控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據 香港聯合交易所有限公司GEM證券上市規則（「上市規則」）第17.10條及證券及期貨 條例（香港法例第571章）第XIVA部項下的內幕消息條文（定義見上市規則） ...

FF301 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7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: 元續科技控股有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2025年8月1日 第 2 頁 共 10 頁 v 1.1.1 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) | 08637 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.001 HKD | | 1,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.001 H ...

格隆汇7月30日丨元续科技(08637.HK)公告，公司联营公司及MetaOptics Technologies Pte. Ltd.的控股公 司MetaOptics Ltd正申请于新加坡交易所证券交易有限公司凯利板上市，并在今日递交初步发售文件。 董事会衷心祝贺MetaOptics Inc.迈向这里程碑。 ...

于本公告日期，公司在MetaOptics Ltd股权间接持有约15.0%。执行董事余伟娟女士为MetaOptics Ltd的 非独立及非执行董事。非执行董事程章金先生为 MetaOptics Ltd的执行董事、主席兼行政总裁，并透过 其于Angelling Capital Holdings Limited拥有100%全部股权，被视为于MetaOptics Ltd股份中享有约 27.1% 的权益。 智通财经APP讯，元续科技(08637)公布，公司联营公司及MetaOptics Technologies Pte. Ltd.的控股公司 MetaOptics Ltd正申请于新加坡交易所证券交易有限公司凯利板上市，并在今日递交初步发售文件。 ...