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]

Core Viewpoint - The company 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 Developments - Juliy Blasting now holds both "First-Class Mining Engineering Construction Contracting" and "First-Class Commercial Blasting Operation Unit" qualifications, enhancing its service capability in the mining sector [1] - The dual first-class qualification allows the company to independently undertake large and complex engineering projects, including large-scale open-pit mining, precise underground mining, and tailings pond management [1] Group 2: Strategic Direction - The company plans to leverage its dual first-class qualification to advance its high-quality development strategy [1] - The focus will be on building a full industry chain centered around its core business, promoting collaborative development across various business segments [1]

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, making it a dual first-class qualification enterprise in China [1] Group 1: Company Developments - Juliy Blasting now holds both "First-Class Mining Engineering Construction Contracting" and "First-Class Commercial Blasting Operation Unit" qualifications, enhancing its service capability in the mining sector [1] - The dual first-class qualification allows the company to independently undertake large and complex engineering projects, including large-scale open-pit mining, precise underground mining, and tailings pond management [1] - The company plans to leverage its dual qualifications to advance its high-quality development strategy and establish a full industry chain centered around its core business with collaborative development across various operations [1]

本公告由比優集團控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）自願 作出，以告知本公司股東及潛在投資者本集團最新業務更新。 本公司董事會（「董事會」）欣然宣佈，近日，經國家住房和城鄉建設部審批，本公 司的間接非全資附屬公司內蒙聚力工程爆破有限公司（「聚力爆破」）成功晉升礦山 工程施工總承包一級資質，成為國內同時持有「礦山工程施工總承包一級」與「營 業性爆破作業單位一級」的「雙一級」資質企業。 在礦山工程領域，「雙一級」資質是衡量企業綜合服務能力的認證，能夠獨立承接 露天礦山規模化開採、地下礦山精準掘進、尾礦庫治理等各類大型複雜工程項目。 香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 Pizu Group Holdings Limited 比優集團控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：9893） 自願公告 內蒙聚力工程爆破有限公司榮膺「雙一級」資質 主席兼行政總裁 馬天逸 香港，二零二五年十月十六日 於本公 ...

I. 法定/註冊股本變動 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 比優集團控股有限公司 呈交日期: 2025年10月2日 | 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 | FF301 ...