Core Insights - The company reported a strong growth in overseas business, with a single-quarter GPV (Gross Payment Volume) nearing 1.3 billion RMB, surpassing the total overseas GPV of approximately 1.1 billion RMB from the previous year, and showing a 50% increase from 800 million RMB in the second quarter of this year [2] Overseas Business Performance - The company continues to empower international clients through its one-stop payment services and value-added service product lines [2] - The investment in Fushi Technology has expanded the service range, diversifying the merchant industry mix to include education, apparel, and beauty service providers [2] Domestic Business Development - The domestic merchant and partner ecosystem has become more comprehensive, collaborating with SaaS industry partners like Meituan to enhance service quality for merchants and consumers [2] - Joint acquiring partnerships with banks have further solidified the development foundation, driving sustainable profit growth in domestic one-stop payment services, with a payment transaction volume reaching 6.163 trillion RMB in the third quarter [2] Value-Added Services Expansion - The company has made significant progress in expanding vertical industry clients, successfully partnering with well-known platforms such as Taobao, Ctrip, and Didi [2] - The transaction volume of AI-generated digital human videos has continued to rise in the third quarter, further enhancing the sustainability of the company's overall profitability [2]

Core Viewpoint - The company, Yika (9923.HK), has shown significant growth in overseas payment transaction volume, indicating a strong expansion in its international market presence [1] Group 1: Financial Performance - In Q3 2025, Yika recorded overseas payment transaction volume (GPV) nearing 1.3 billion, surpassing the total overseas GPV of approximately 1.1 billion for the entire previous year, representing a growth of about 18% [1] - The overseas GPV increased by approximately 50% compared to Q2 2025, which was 800 million [1] - Domestic GPV reached 616.3 billion, continuing to show a quarter-on-quarter increase [1] Group 2: Market Expansion - The company has expanded its overseas merchant industry mix, which now includes sectors such as education, apparel, and beauty services [1] - Yika's one-stop payment and value-added service product line has seen further application in international markets [1] - Through investment in Fushi Technology, the company has broadened its service offerings, currently supporting brands like Playmade, Zhenbao, and Shilin Taiwanese Snacks across multiple Asian markets [1]

经济观察网11月24日，移卡(09923.HK)公布2025年第三季度业绩：海外支付交易量(GPV)达近13亿元人 民币，较第二季度的8亿元环比增长约50%，并已超过2024年全年海外GPV(约11亿元)。公司持续拓展海 外品牌客户，商户行业组合进一步多元化，涵盖教育、服装、美业等服务领域。通过投资富匙科技，移 卡为PlayMade、珍宝(Jumbo)及士林台湾小吃等品牌在多个亚洲地区提供一站式支付与增值服务，盈利 能力稳步提升。 ...

Core Viewpoint - The company, Yika (09923), has demonstrated strong growth momentum in its business, particularly in overseas payment transactions, which have increased significantly in the third quarter of 2025 [1] Group 1: Financial Performance - Yika's overseas payment transaction volume (GPV) reached nearly RMB 1.3 billion in the third quarter, surpassing the total overseas GPV of approximately RMB 1.1 billion for the entire previous year, marking a 50% increase from RMB 800 million in the second quarter of this year [1] - Domestic GPV for the third quarter amounted to RMB 616.3 billion [1] Group 2: Business Development - The company is actively diversifying its business and providing one-stop payment and value-added services to domestic and international brand clients [1] - The AI-generated digital human video transactions continued to rise in the third quarter, reinforcing the company's leading position in AI applications within the industry [1] - The in-store e-commerce business has achieved monthly profitability since the second quarter, with steady progress in expanding overseas markets [1] - Yika became one of the first Douyin service providers in the Hong Kong and Macau regions, offering services to international brands such as Toshiba, China Telecom, and Haidilao [1]

Core Insights - The company reported a significant increase in overseas payment transaction volume, reaching nearly 1.3 billion RMB in Q3 2025, surpassing the total overseas GPV of approximately 1.1 billion RMB for the entire previous year, and showing a 50% increase from 800 million RMB in Q2 2025 [1] - Domestic GPV for the third quarter was 616.3 billion RMB, indicating a robust performance in the domestic market [1] - The company continues to diversify its merchant industry mix, expanding into sectors such as education, apparel, and beauty services, while adding several internationally recognized brands [1] Business Expansion - The company began exploring overseas markets in 2021, focusing on expanding its overseas payment services and providing comprehensive business empowerment solutions for international merchants [1] - In the domestic market, the company has strengthened its merchant and partner ecosystem, collaborating with SaaS industry partners like Meituan to enhance service quality for merchants and consumers [1] - The company has also solidified its development foundation through partnerships with acquiring banks, contributing to sustained profitability in its domestic one-stop payment services [1] Value-Added Services - In Q3 2025, the transaction volume for AI-generated digital human videos continued to rise, and the in-store e-commerce business has achieved monthly profitability since Q2 2025 [1] Future Outlook - The company aims to continue solidifying its business foundation and actively expand into new markets, providing industry-leading and technologically advanced digital solutions to more regions and merchants globally [2]

Core Insights - The company reported a significant growth in overseas business, with GPV reaching nearly 1.3 billion RMB in Q3, surpassing the total overseas GPV of approximately 1.1 billion RMB for the previous year, and showing a 50% increase from 800 million RMB in Q2 [1][2] Group 1: Overseas Business Performance - The company continues to empower international clients through its one-stop payment services and value-added service product lines [1] - The company has diversified its merchant industry mix, now including well-known international brands such as Playmade, Zhenbao, and Shilin Taiwanese Snacks [1] - The company has been exploring overseas markets since 2021 and has obtained various licenses, including MSO in Hong Kong and MPI in Singapore [1] Group 2: Domestic Business Developments - The company has partnered with SaaS industry ecosystem partners like Meituan to enhance service quality for merchants and consumers [1] - The company has solidified its development foundation through collaborations with banks for joint collection, leading to sustained profitability growth in domestic one-stop payment services [1] - In Q3, the payment transaction volume (GPV) reached 6.163 trillion RMB [1] Group 3: Strategic Adjustments and Future Plans - Following strategic adjustments, the company’s in-store e-commerce business has achieved monthly profitability since Q2 [2] - The company is set to become one of the first Douyin service providers in the Hong Kong and Macau regions by Q3 2025, serving international brands like Toshiba and China Telecom [2] - The company has made significant progress in expanding value-added services in vertical industries, securing partnerships with notable platforms such as Taobao, Ctrip, and Didi [2]

Core Insights - The company, Yika (09923), demonstrated strong growth momentum in Q3 2025, actively diversifying its business and providing one-stop payment and value-added services to domestic and international brand clients [1] - The overseas payment business transaction volume increased by 50% quarter-on-quarter, continuing the exponential growth trend observed in the previous year [1] - Domestic payment transaction volume also showed a consistent quarter-on-quarter increase, supported by deeper partnerships and a more solidified ecosystem for long-term growth [1] Overseas Business Performance - The overseas payment transaction volume (GPV) reached nearly RMB 1.3 billion this quarter, surpassing the total overseas GPV of approximately RMB 1.1 billion for the entire previous year, and up about 50% from RMB 800 million in Q2 of this year [2] - The merchant industry mix in overseas markets has diversified, covering sectors such as education, apparel, and beauty services [2] - The company's one-stop payment and value-added service product line continues to empower international clients, with expanded service offerings through investment in Fushi Technology [2] Domestic Business Performance - Domestic GPV reached RMB 616.3 billion this quarter, with collaborations with SaaS industry partners like Meituan to jointly expand channels and enhance service quality for merchants and consumers [2] - The number of partnerships with SaaS and joint acquiring banks continued to increase this quarter, providing robust support for long-term growth [2]

Core Insights - The company continues to demonstrate strong growth momentum in Q3 2025, actively diversifying its business and providing one-stop payment and value-added services to domestic and international brand clients [1] - The overseas payment business transaction volume increased by 50% quarter-on-quarter, maintaining a year-on-year exponential growth trend [1] - Domestic payment transaction volume also showed a consistent quarter-on-quarter increase, supported by deeper partnerships and a more solidified ecosystem [1] Group 1: Overseas Business Performance - The overseas payment transaction volume (GPV) reached nearly RMB 1.3 billion, surpassing last year's total overseas GPV of approximately RMB 1.1 billion, and increasing about 50% from RMB 800 million in Q2 this year [2] - The merchant industry mix in overseas markets has further diversified, covering sectors such as education, apparel, and beauty services [2] - The company's one-stop payment and value-added service product line continues to empower international clients, expanding service reach through investments in companies like Fushi Technology [2] Group 2: Domestic Business Performance - Domestic GPV reached RMB 616.3 billion, with collaborations with SaaS industry partners like Meituan to jointly expand channels and enhance service quality for merchants and consumers [2] - The number of partnerships with SaaS and joint acquiring banks has continued to increase, providing robust support for long-term growth [2] - The strategic upgrade of the business model has led to profitability in previously loss-making segments, with AI-generated digital human videos seeing a rise in transaction volume this quarter [1]

Core Insights - The company continues to demonstrate strong growth momentum in Q3 2025, actively diversifying its business and providing one-stop payment and value-added services to domestic and international brand clients [1] Group 1: Overseas Business Expansion - The overseas payment transaction volume (GPV) reached approximately RMB 1.3 billion, a 50% increase from RMB 800 million in Q2 2025 and surpassing the total overseas GPV of RMB 1.1 billion for the entire previous year [2] - The company has diversified its merchant industry mix overseas, covering sectors such as education, apparel, and beauty services, while expanding its service range through investments in companies like Fushi Technology [2] Group 2: Domestic Business Growth - Domestic GPV reached RMB 616.3 billion, supported by partnerships with SaaS industry ecosystem partners like Meituan, enhancing service quality for merchants and consumers [2] - The number of partnerships with SaaS and joint acquiring banks has continued to increase, providing robust support for long-term growth [2] Group 3: Value-Added Services Performance - The company has made significant progress in expanding its vertical industry client base, acquiring notable e-commerce clients such as Taobao, Ctrip, and Didi [3] - The transaction volume of AI-generated digital human videos has continued to rise, reinforcing the company's leading position in AI applications [3] - The in-store e-commerce business has achieved monthly profitability since Q2 2025, with successful overseas market expansion [3]

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。 YEAHKA LIMITED 移卡有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9923） 自願性公告 業務發展 • 我們海外業務的交易量保持高速增長，本季度海外支付交易量(GPV)已接近 人民幣13億元，超越去年全年海外GPV約人民幣11億元，比今年第二季度的 人民幣8億元上升約50%； • 海外的商戶行業組合進一步多元化，涵蓋教育、服裝、美業等服務提供商； • 我們一站式的支付及增值服務產品線繼續賦能國際客戶，並通過投資企業 富匙科技擴大服務範圍，為Playmade、珍寶(Jumbo)及士林台灣小吃(Shihlin Taiwan Street Snacks)於多個亞洲地區提供服務。 國內商戶及合作夥伴體系更加全面，推動持續性盈利增長 本公告乃移卡有限公司（「本公司」，連同其附屬公司，統稱「本集團」）自願刊發， 以告知本公司股東及潛在投資者有關本集團最新發展。 二零二五年第三季度（「本季度」 ...