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，概不就因本公告全部或任 何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 Linklogis Inc. 聯易融科技集團 （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：9959） 有關雲服務協議的持續關連交易 於2025年8月26日（交易時間後），環融聯易科技（為關聯併表實體）與騰訊雲訂 立雲服務協議，據此，騰訊雲同意為本集團提供雲服務及其他雲相關技術服務， 而本集團同意向騰訊雲支付服務費作為報酬。 上市規則涵義 於本公告日期，騰訊雲為本公司主要股東騰訊的聯繫人，因此，騰訊雲屬本公 司關連人士。因此，根據上市規則第14A章，雲服務協議項下擬進行的交易構成 本公司的持續關連交易。 由於有關雲服務協議的適用百分比率（參照該協議項下最高年度上限計算）超過 0.1%但低於5%，故雲服務協議項下擬進行的交易須遵守申報、公告及年度審閱 規定，惟獲豁免遵守上市規則第14A章的獨立股東批准規定。 1 過往雲服務協議及現有雲服務協議項下，於截至2023年及2024年12月31日止 ...

Core Viewpoint - 联易融科技集团 reported a strong performance in the first half of 2025, focusing on core business transformation and enhancing operational efficiency, while launching innovative digital asset solutions for global trade finance [1][2][4]. Financial Performance - The total supply chain asset service scale reached 203.6 billion RMB, with total revenue and earnings of 370 million RMB [1]. - Cash reserves increased to 5.4 billion RMB, up by 300 million RMB from the end of 2024 [1]. Business Model Transformation - The company accelerated its business model transformation, with the multi-level circulation cloud business processing assets of 133.2 billion RMB, a year-on-year increase of 54% [2]. - The ABS cloud business processed supply chain assets of 9.6 billion RMB, showing significant growth compared to the previous year [2]. Client Expansion and Retention - The number of core enterprise and financial institution clients increased by 244, totaling 1,352, representing a 22% growth from 2024 [1][3]. - Client retention rate improved from 96% to 99% [3]. Technological Innovation - The company established a comprehensive AI technology matrix for supply chain finance, integrating major domestic AI models and enhancing its proprietary LDP-GPT model [4]. - The intelligent agent "BeeLink AI" was successfully deployed in over 30 core enterprises and financial institutions [4]. Strategic Acquisitions - The acquisition of Byte Technology expanded the product and service matrix, optimizing operational efficiency [4][5]. International Expansion - The international business saw double-digit growth, with a focus on cross-border trade and e-commerce, supporting over 1,100 small and medium-sized enterprises with digital financing services [6]. - Regional operation centers were established in the UK and the US to enhance the global trade corridor service network [6]. ESG Commitment - The company served over 380,000 small and micro enterprises, with an average financing cost of 2.86% [7]. - The sustainable supply chain asset scale exceeded 29 billion RMB, a 97% year-on-year increase [7]. Digital Asset Strategy - The company launched a global trade finance digital asset strategy, focusing on the development of digital trade tokens (DTT) and asset-backed tokens (ABT) [8][10]. - Collaborations with licensed institutions in Singapore and Hong Kong aim to promote the compliant issuance of DTT and Stablecoin+ solutions [10]. Future Outlook - The company plans to conduct a share buyback of at least 80 million USD in the next 12 months, reflecting confidence in future growth prospects [1][11].

Core Insights - The company reported a supply chain asset service scale of 203.6 billion RMB and total revenue of 370 million RMB for the first half of 2025, with a focus on core business transformation and operational efficiency [1][2] - The company launched a global trade finance digital asset strategy, introducing Digital Trade Token (DTT) and Asset Backed Token (ABT) as part of its "StableCoin+" initiative [1][8] - The company plans to repurchase at least 80 million USD worth of shares in the next 12 months, reflecting confidence in its growth strategies [1][11] Business Performance - The supply chain financial technology solutions processed a total of 203.6 billion RMB in assets, with the multi-level circulation cloud business growing by 54% year-on-year to 133.2 billion RMB [2] - The company added 244 new core enterprise and financial institution clients, bringing the total to 1,352, a 22% increase from 2024 [3] - The average financing cost for small and micro enterprises served by the company was only 2.86% [7] Technological Advancements - The company has established a comprehensive AI technology matrix for supply chain finance, integrating domestic AI models and enhancing its proprietary LDP-GPT model [4] - The company completed the deployment of its AI-driven solutions in over 30 core enterprises and financial institutions, improving operational efficiency [4] Strategic Initiatives - The company is expanding its international supply chain finance layout, achieving double-digit growth in cross-border cloud asset services [6] - The company is committed to sustainable supply chain finance, with assets in sustainable supply chains exceeding 29 billion RMB, a 97% increase year-on-year [7] - The company is actively pursuing strategic acquisitions to diversify its growth drivers [5] Future Outlook - The company aims to leverage AI and compliant stablecoins to reshape cross-border capital flows and enhance financial system resilience amid global economic uncertainties [10][11] - The company is set to explore innovative applications of digital assets in real-world asset tokenization and cross-border digital payments [10]

Core Viewpoint - The company plans to repurchase shares worth no less than 80 million USD within the next 12 months, indicating confidence in its intrinsic value and business prospects [1] Group 1 - The board may decide to utilize the share repurchase authorization further depending on market conditions [1] - The board believes that the current trading price of the shares does not reflect their intrinsic value and the company's business outlook [1] - The proposed share repurchase reflects the board and management's confidence in the company's core strategies, including "AI + industrial finance" and digital assets [1] Group 2 - The board considers the share repurchase to be in the best interest of the company and its shareholders [1]

Core Insights - 联易融科技集团 reported a supply chain asset service scale of 203.6 billion RMB and total revenue of 370 million RMB for the first half of 2025, with a 22% increase in core enterprise and financial institution clients to 1,352 [1][4] - The company launched a global trade finance digital asset strategy, introducing Digital Trade Token (DTT) and Asset Backed Token (ABT) as part of its "StableCoin+" initiative [1][12] - The company plans to repurchase at least 80 million USD worth of shares in the next 12 months, reflecting confidence in its growth strategies [1][15] Business Performance - The supply chain financial technology solutions processed a total of 203.6 billion RMB in assets, with the multi-level circulation cloud business growing by 54% year-on-year to 133.2 billion RMB [3] - The company added 244 new clients in the first half of 2025, achieving a client retention rate of 99% [4] Strategic Initiatives - The company is focusing on AI and digital assets as core strategies, enhancing its AI capabilities through partnerships with major domestic models and launching new applications [6][15] - Strategic acquisitions, such as the acquisition of Bait Technology, are aimed at broadening the product matrix and optimizing operational efficiency [6][7] International Expansion - The international business saw double-digit growth, with a focus on cross-border trade and e-commerce, helping over 1,100 small and medium-sized enterprises access digital financing services [9] - The company is establishing regional operation centers in the UK and the US to enhance its global trade corridor service network [9] ESG and Sustainable Finance - The company has assisted over 380,000 small and micro enterprises in accessing digital inclusive financial services, with an average financing cost of 2.86% [10] - The sustainable supply chain asset scale reached 29 billion RMB, a 97% increase year-on-year, reflecting the company's commitment to ESG principles [10]

2025年上半年，公司持续深化重点行业客户精耕战略，依托客户价值飞轮驱动生态化交叉销售体系，实 现有质量的客户增长。报告期内，公司的供应链金融科技解决方案新增核心企业及金融机构客户244 家，客户总量达到1,352家，较2024年增长22%。公司紧抓央国企司库体系建设机遇，加速核心企业自 建平台项目转化落地，并深度聚焦"大基建+新能源+高端制造"等重点行业客户价值挖潜，推动核心企业 客户数量与处理资产规模均实现双位数稳健增长。随着客户结构优化与满意度提升，公司的整体客户留 存率从2024年的96%提升至99%。 格隆汇8月26日丨联易融科技-W(09959.HK)公告，2025年上半年，集团坚定聚焦核心业务方向，在全球 宏观环境波动与行业持续调整的背景下，加速业务模式转型升级，持续提升运营效率并改善现金流，实 现有质量的稳健发展。 在报告期，公司的科技解决方案处理的供应链资产总量为人民币2,036亿元。多级流转云继续保持强劲 增长，处理的供应链资产规模同比增长54.4%至人民币1,332亿元。2025年上半年，公司收入及收益达人 民币3.75亿元。截至2025年6月30日，公司的现金及现金等价物和受限制现金合 ...

Core Insights - The company reported a revenue of RMB 375 million for the six months ending June 30, 2025, with a gross profit of RMB 210 million and a loss attributable to equity shareholders of RMB 380 million [1] - The company is focusing on core business directions and accelerating business model transformation amidst global macroeconomic fluctuations and industry adjustments [1] - The total supply chain assets processed by the company's technology solutions reached RMB 203.6 billion, with a year-on-year growth of 54.4% in multi-level circulation cloud [1] Financial Performance - Revenue and earnings decreased by 9.3% year-on-year to RMB 375 million due to adjustments in product and customer structure and a decline in operating expenses [1] - The adjusted net loss for the first half of 2025 was RMB 372 million, with cash and cash equivalents totaling RMB 5.378 billion, an increase of RMB 306 million from December 31, 2024 [1] Customer Growth and Strategy - The company added 244 new core enterprise and financial institution clients, bringing the total client count to 1,352, a 22% increase from 2024 [2] - The company is leveraging opportunities in central and state-owned enterprise treasury systems and focusing on key industries such as "infrastructure, new energy, and high-end manufacturing" to drive client value [2] - Overall client retention rate improved from 96% in 2024 to 99% [2]

2025年上半年，我们持续深化重点行业客户精耕战略，依托客户价值飞轮驱动生态化交叉销售体系，实 现有质量的客户增长。报告期内，我们的供应链金融科技解决方案新增核心企业及金融机构客户244 家，客户总量达到1352家，较2024年增长22%。我们紧抓央国企司库体系建设机遇，加速核心企业自建 平台项目转化落地，并深度聚焦"大基建+新能源+高端制造"等重点行业客户价值挖潜，推动核心企业 客户数量与处理资产规模均实现双位数稳健增长。随着客户结构优化与满意度提升，我们的整体客户留 存率从2024年的96%提升至99%。 2025年上半年，本集团坚定聚焦核心业务方向，在全球宏观环境波动与行业持续调整的背景下，加速业 务模式转型升级，持续提升运营效率并改善现金流，实现有质量的稳健发展。在报告期，我们的科技解 决方案处理的供应链资产总量为2036亿元。多级流转云继续保持强劲增长，处理的供应链资产规模同比 增长 54.4%至1332亿元。由于我们加速调整产品及客户结构，推进组织结构优化，在业务结构改善和经 营费用下降的同时，收入及收益阶段性承压。2025年上半年，我们收入及收益达3.75亿元，同比下降 9.3%。此外，受复杂经 ...

公司将以其现有可用现金储备及自由现金流量拨支建议股份购回。 联易融科技-W(09959)发布公告，该公司董事会已决定行使根据公司股东于2025年6月17日通过的决议案 给予董事会的一般授权项下的权力，以购回公司B类普通股，并于本公告刊发之日后12个月内使用不低 于8000万美元的资金购回股份。董事会亦可能决定随市况变化而进一步动用股份购回授权。 公告称，股份目前的成交价并未反映其内在价值及公司的业务前景。建议股份购回反映董事会及管理层 团队对公司围绕"AI+产业金融"及数字资产等核心战略实现持续稳健增长的信心。董事会认为建议股份 购回符合公司及其股东的整体最佳利益。 ...

智通财经APP讯，联易融科技-W(09959)发布公告，该公司董事会已决定行使根据公司股东于2025年6月 17日通过的决议案给予董事会的一般授权项下的权力，以购回公司B类普通股，并于本公告刊发之日后 12个月内使用不低于8000万美元的资金购回股份。董事会亦可能决定随市况变化而进一步动用股份购回 授权。 公告称，股份目前的成交价并未反映其内在价值及公司的业务前景。建议股份购回反映董事会及管理层 团队对公司围绕"AI+产业金融"及数字资产等核心战略实现持续稳健增长的信心。董事会认为建议股份 购回符合公司及其股东的整体最佳利益。 公司将以其现有可用现金储备及自由现金流量拨支建议股份购回。 ...