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 公司名稱: 比優集團控股有限公司 呈交日期: 2025年12月1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) | 09893 | 說明 | 沒有 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | | 0.01 HKD | | 50,000,000 | 本月底法定 ...

Financial Performance - The Group's revenue for the six months ended 30 September 2025 was approximately RMB 748.16 million, representing a decrease of approximately 12.92% compared to the same period in the previous fiscal year[5]. - Profit attributable to owners for the Interim Period was approximately RMB 107.62 million, an increase from RMB 85.47 million in the previous year[9]. - Total comprehensive income attributable to owners for the Interim Period was approximately RMB 117.31 million, compared to RMB 87.85 million in the previous year[9]. - Basic earnings per share for the Interim Period was approximately RMB 0.030, up from RMB 0.024 in the previous year[9]. - The Group's gross profit for the Interim Period was approximately RMB 343.32 million, down from RMB 378.30 million in the previous year[7]. - Profit for the period was RMB 107,620,000 for the six months ended September 30, 2025, compared to RMB 85,474,000 for the same period last year, marking an increase of around 25.9%[17]. - Other comprehensive income for the period totaled RMB 9,686,000, contributing to a total comprehensive income of RMB 117,306,000 for the six months ended September 30, 2025[17]. - Profit before income tax for the period was RMB 226.252 million, compared to RMB 242.414 million for the same period in 2024, indicating a decrease of approximately 6.5%[41]. Expenses and Liabilities - Selling and distribution expenses decreased to RMB 17.60 million from RMB 30.78 million in the previous year, reflecting a reduction of approximately 42.7%[7]. - Administrative and other operating expenses increased to RMB 110.93 million from RMB 101.89 million in the previous year[7]. - Non-current liabilities decreased from RMB 1,128,039,000 as of March 31, 2025, to RMB 826,629,000 as of September 30, 2025, representing a reduction of approximately 26.7%[13]. - Current liabilities decreased to RMB 1,437.85 million from RMB 1,601.30 million as of 31 March 2025[11]. Assets and Equity - Non-current assets increased to RMB 3,620.58 million as of 30 September 2025, compared to RMB 3,298.31 million as of 31 March 2025[11]. - Net assets increased from RMB 2,175,488,000 as of March 31, 2025, to RMB 2,356,492,000 as of September 30, 2025, reflecting a growth of about 8.3%[13]. - Total equity rose from RMB 2,175,488,000 to RMB 2,356,492,000, indicating an increase of approximately 8.3%[13]. - Current assets were approximately RMB 1,301.80 million, with cash and cash equivalents at approximately RMB 605.89 million as of September 30, 2025[79][84]. Cash Flow - The company reported a total cash flow from operating activities for the six months ended September 30, 2025, which is detailed in the cash flow statement[18]. - Net cash generated from operating activities for the six months was RMB 215,394,000, a decrease of 4.6% from RMB 226,437,000 in the prior year[19]. - Net cash used in investing activities increased to RMB 340,714,000, compared to RMB 110,904,000 in the same period of 2024[19]. - Net cash generated from financing activities was RMB 98,257,000, contrasting with a net cash used of RMB 15,389,000 in the previous year[19]. - Cash and cash equivalents at the end of the period were RMB 605,890,000, down from RMB 632,545,000 at the beginning of the period[19]. - The company reported a net decrease in cash and cash equivalents of RMB 27,063,000, compared to an increase of RMB 100,144,000 in the same period last year[19]. Sales and Revenue Breakdown - For the six months ended 30 September 2025, external sales from mining operations amounted to RMB 461.485 million, while explosives trading and blasting services generated RMB 286.670 million, totaling RMB 748.155 million in segment revenue[40]. - Sales of explosives dropped significantly to RMB 195,450,000, a decrease of 56.4% compared to RMB 448,059,000 in the prior year[30]. - Revenue from the provision of blasting operations increased to RMB 101,630,000, up 69.7% from RMB 59,952,000 in the previous year[30]. - Sales of mineral concentrates rose to RMB 451,075,000, reflecting a 28.5% increase from RMB 351,186,000 in the same period last year[30]. - Revenue from explosive trading and blasting services decreased by approximately 43.58% compared to the same period in 2024[76]. - The Group's half-year revenue decreased by approximately 12.92% compared to the same period in 2024, primarily due to a 43.58% decline in sales of civil explosives driven by a downturn in the coal and coke industry[77]. Shareholding and Corporate Governance - As of September 30, 2025, Mr. Liu Fali holds 242,415,854 ordinary shares, representing 6.81% of the total shareholding[127]. - The total interests of parties to an agreement to acquire interests in the Company amount to 1,707,147,368 ordinary shares, which is 47.97% of the total shareholding[127]. - Ms. Ma Ye is a beneficial owner of 126,005,000 ordinary shares, accounting for 3.54% of the total shareholding[128]. - Shiny Ocean Holdings Limited holds 1,361,516,331 ordinary shares, representing 38.26% of the total shareholding[135]. - The interests of any parties to an agreement to acquire interests in the Company also include 588,046,891 ordinary shares, which is 16.52% of the total shareholding[135]. - The report indicates that no other directors or chief executives had any interests or short positions in shares as of September 30, 2025[131]. - The Company confirmed compliance with the required standards for directors' securities transactions during the six months ended September 30, 2025[147]. - The company has adhered to the corporate governance code principles and provisions, with the exception of certain deviations regarding insurance cover for directors and the separation of roles between the Chairman and Chief Executive Officer[153][155]. Operational Developments - The company continues to focus on the manufacturing and sale of explosives, as well as the provision of blasting operations and related services in the PRC[21]. - The construction of the detonator production line in Tajikistan is nearly complete and will begin production after safety assessments[117]. - The Tibet Tianren project has commenced full-scale construction and is expected to be operational by the end of 2026[117]. - The Group's management anticipates a rebound in civil explosives sales with the gradual recovery of the coal market[121]. - The second phase of the deep-mining project at Anhui Jinding is progressing steadily, expected to enhance the unit ore value further[122]. Employee and Staff Information - Staff costs for the six months ended September 30, 2025, amounted to RMB 102.03 million, with a total of 1,448 full-time employees as of the same date[106]. - As of September 30, 2025, the Group employed 1,448 full-time employees, an increase from 1,111 employees as of March 31, 2025[110].

Core Insights - The company reported a revenue of 748 million RMB for the six months ending September 30, 2025, representing a year-on-year decline of 12.9% [1] - The profit attributable to the company's owners was 108 million RMB, showing a year-on-year increase of 25.9% [1] - The basic earnings per share were 0.030 RMB [1]

Group 1 - The core viewpoint of the article is that 比优集团 (Biyou Group) reported a decline in revenue while showing an increase in profit attributable to shareholders [1] Group 2 - The company reported revenue of 748 million RMB for the six months ending September 30, 2025, representing a year-on-year decrease of 12.9% [1] - Profit attributable to shareholders was 108 million RMB, reflecting a year-on-year increase of 25.9% [1] - Basic earnings per share were reported at 0.030 RMB [1]

Group 1 - The core viewpoint of the article highlights that Beiyou Group (09893.HK) reported a decrease in revenue for the six months ending September 30, 2025, amounting to approximately RMB 750 million, which is a decline of about 12.92% compared to the same period last fiscal year [1] - The group's profit attributable to owners during the interim period was approximately RMB 108 million [1] - The total comprehensive income attributable to the company's owners for the interim period was approximately RMB 120 million [1] - The basic earnings per share for the interim period were approximately RMB 0.030 [1]

Financial Performance - The group's revenue for the six months ended September 30, 2025, was approximately RMB 748.16 million, a decrease of about 12.92% compared to the same period last year[2]. - The profit attributable to the owners of the company for the same period was approximately RMB 107.62 million[4]. - The basic earnings per share for the period was RMB 0.030[4]. - The total comprehensive income for the period was approximately RMB 184.94 million, slightly down from RMB 185.68 million in the previous year[4]. - The group reported a gross profit of RMB 343.32 million, down from RMB 378.30 million in the previous year[3]. - The company reported a net profit attributable to owners of RMB 107,620,000 for the six months ended September 30, 2025, up from RMB 85,474,000 in the same period of 2024, representing a growth of 25.9%[23]. - The group's half-year revenue decreased by approximately 12.92% compared to the same period in 2024, with explosive sales dropping by about 43.58% due to a downturn in the coal and coke industry[35]. Assets and Liabilities - Non-current assets increased to RMB 3,620.58 million as of September 30, 2025, compared to RMB 3,298.31 million as of March 31, 2025[6]. - Current liabilities decreased to RMB 1,437.85 million from RMB 1,601.30 million[6]. - The net asset value of the company increased to RMB 2,356.49 million as of September 30, 2025, from RMB 2,175.49 million[7]. - The group's current liabilities were approximately RMB 1,437.85 million as of September 30, 2025, down from RMB 1,601.30 million as of March 31, 2025[37]. - The group's debt-to-asset ratio was 52.13% as of September 30, 2025, a slight decrease from 52.74% as of March 31, 2025[45]. - The company’s depreciation of property, plant, and equipment increased to RMB 53,972,000 from RMB 49,178,000 year-over-year[21]. - Accounts receivable from trade amounted to RMB 296,202,000 as of September 30, 2025, compared to RMB 283,095,000 as of March 31, 2025, reflecting a growth in receivables[25]. Dividends and Shareholder Information - The group did not recommend the distribution of an interim dividend for the period[2]. - The company did not recommend an interim dividend for the current period, consistent with the previous year[22]. - As of September 30, 2025, key executives hold significant shares, with Liu Fali owning 242,415,854 shares (6.81%) and 1,707,147,368 shares (47.97%) through agreements[56]. - The total shareholding of major executives indicates a strong alignment with shareholder interests, with a combined ownership exceeding 51%[57]. - Major shareholder Yao Yang Holdings Limited holds 1,361,516,331 shares, representing 38.26% of the total shares[59]. - Mr. Ma Su Cheng, as a trust beneficiary, also holds 1,361,516,331 shares, equating to 38.26%[60]. - Ms. Ma Xia holds 172,166,037 shares, which is 4.84% of the total shares[60]. - The company did not purchase, sell, or redeem any listed shares during the six months ending September 30, 2025[62]. - As of September 30, 2025, the company had no treasury shares[63]. - There were no significant competitive interests held by directors or major shareholders during the reporting period[64]. Corporate Governance - The company has adopted a rigorous code of conduct for securities trading, ensuring compliance by all directors[66]. - The company has maintained high standards of corporate governance, adhering to the principles of the Corporate Governance Code[67]. - The roles of Chairman and CEO are held by the same individual, Mr. Ma Tian Yi, which the board believes provides strong leadership[68]. - There have been no changes in the information disclosed regarding the independent non-executive director since the last annual report[69]. - The audit committee has been established in accordance with the Listing Rules and consists of three independent non-executive directors[70]. - The interim results announcement and report for the six months ending September 30, 2025, have been reviewed by the audit committee members[71]. - There have been no significant events affecting the group from September 30, 2025, to the date of this announcement[72]. Operational Highlights - The company has been engaged in the manufacturing and sale of explosives and related services, primarily operating in China[8]. - Sales of explosives amounted to RMB 195,450,000, while blasting services generated RMB 101,630,000, indicating a significant increase in blasting services revenue from RMB 59,952,000 in the previous year[12]. - The mining business generated external sales of RMB 461,485,000, contributing to a segment profit of RMB 176,673,000, compared to RMB 351,044,000 and RMB 63,593,000 respectively in the prior year[17]. - The company completed a partial sale of its subsidiary, Tibet Tianren Mining Co., Ltd., selling 5% equity for RMB 45,170,000, reducing its ownership from 54% to 51%[29]. - The company’s deferred tax expenses for the period were RMB 579,000, a significant decrease from RMB 27,502,000 in the prior year[19]. - The increase in property, plant, and equipment during the period was RMB 347,560,000, compared to RMB 257,840,000 as of March 31, 2025[24]. - The group employed 1,448 full-time employees as of September 30, 2025, an increase from 1,111 employees as of March 31, 2025[50]. - The group reported a 28.44% increase in concentrate sales compared to the previous year, driven by rising sales prices of copper and sulfur concentrates[35]. - The group had borrowings of approximately RMB 1,031.93 million as of September 30, 2025, up from RMB 896.54 million as of March 31, 2025[37]. - The group did not engage in any significant investments or acquisitions during the six-month period ending September 30, 2025[41][43]. - The group completed surface drilling of 1,118 meters and underground drilling of 10,635.5 meters for production exploration during the six-month period ending September 30, 2025[52]. - During the six months ended September 30, 2025, exploration, development, and mining expenditures were reported as follows: RMB 5,328.65 thousand for exploration, RMB 3,792.70 thousand for development, and RMB 22,965.72 thousand for mining at the Anhui Jinding project[53]. - The sales volume of civil explosives significantly declined in the first half of the year due to a prolonged downturn in the coal market and tightened safety regulations, leading to reduced demand for civil explosive products[54]. - The Anhui Jinding project showed stable operation with increased revenue attributed to high copper and gold prices, while the construction of the Tajikistan detonator production line is nearing completion[54]. - The comprehensive construction of the Tibet Tianren project has commenced, with production expected to start by the end of 2026, which is anticipated to enhance the company's revenue and operational capabilities[54]. - The management believes that the Inner Mongolia civil explosive market has bottomed out, and sales are expected to recover as coal prices gradually improve[55]. - The company plans to optimize the layout of civil explosive production capacity to enhance profitability and risk resilience[55]. - The deep phase II project at Anhui Jinding is progressing steadily, with ongoing optimization of ore selection processes expected to increase the unit value of ore[55]. - The company aims to strengthen its expansion in Central Asia, focusing on blasting and mining engineering projects to drive growth in civil explosive sales and mineral resource development[55].

Core Viewpoint - The company, Biyou Group (09893.HK), has announced that its board meeting will take place on November 28, 2025, to consider and approve the unaudited consolidated interim results for the six months ending September 30, 2025, and to discuss the potential declaration of an interim dividend, among other matters [1] Group 1 - The board meeting is scheduled for November 28, 2025 [1] - The meeting will focus on the unaudited consolidated interim results for the six months ending September 30, 2025 [1] - The board will also consider the declaration of an interim dividend, if applicable [1]

比優集團控股有限公司（「本公司」），連同其附屬公司，統稱爲（「本集團」）的董事會 （「董事會」）謹此宣佈，董事會會議將於二零二五年十一月二十八日星期五舉行，籍以 考慮及批准本集團截至二零二五年九月三十日止六個月之未經審核綜合中期業績之公 佈，考慮派付中期股息（如有），以及處理任何其他事項。 承董事會命 比優集團控股有限公司 馬天逸 主席兼行政總裁 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通告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本通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。 （於開曼群島註冊成立之有限公司） （股份代號：9893） 董事會會議通告 香港，二零二五年十一月十七日 於本通告日期，董事會由八名董事組成。執行董事為馬天逸先生（主席兼行政總裁）、劉發利先 生（首席運營官）、秦春紅女士、馬曄女士及馬永先生，獨立非執行董事為哈索庫先生、李煦先 生及胡敬強先生。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 比優集團控股有限公司 呈交日期: 2025年11月4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) | 09893 | 說明 | 沒有 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定 ...

Core Viewpoint - The company, Biyou Group, has successfully upgraded its indirect non-wholly-owned subsidiary, Inner Mongolia Juliy Engineering Blasting Co., Ltd. ("Juliy Blasting"), to a first-class qualification in mining engineering construction contracting, becoming a dual first-class qualification enterprise in China [1] Group 1: Company Qualifications - Juliy Blasting now holds both "First-Class Mining Engineering Construction Contracting" and "First-Class Commercial Blasting Operation Unit" qualifications, which are essential for undertaking large and complex engineering projects in the mining sector [1] - The dual first-class qualification is a certification that reflects the comprehensive service capability of the enterprise in the mining engineering field [1] Group 2: Future Strategy - Moving forward, Juliy Blasting aims to leverage its dual first-class qualification to promote a high-quality development strategy [1] - The company plans to build a full industry chain centered around its core business, with various business units developing in synergy [1]