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份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 ARCHOSAUR GAMES INC. 祖龍娛樂有限公司 採納新章程帶來的主要變動概要載列如下： (iii) 加入若干輕微的後續及內務修訂。 建議採納新章程須於本公司應屆股東週年大會（「股東週年大會」）上以特別決議案 的方式獲股東批准後，方可作實。一份載有（其中包括）有關建議採納新章程所引 致的建議修訂細則的詳情，連同召開股東週年大會之通告的通函將適時寄發予股 東。 承董事會命 祖龍娛樂有限公司 主席兼執行董事 李青先生 中國北京，2026年3月20日 於本公告日期，本公司董事會包括主席兼執行董事李青先生、執行董事白瑋先 生、非執行董事李納川先生及魯曉寅先生，以及獨立非執行董事王靜女士、朱霖 先生及丁治平先生。 (i) 明確容許本公司讓股東選擇透過使用虛擬會議技術以虛擬方式出席及參與本 公司股東大會，以電子方式投票及向本公司傳達受委代表相關指示，以及對 本公司虛擬股東大會的相關規程及程序作出相應修訂； ...

Financial Performance - Total revenue for the year ended December 31, 2025, was RMB 1,304.4 million, representing a 14.3% increase from RMB 1,141.1 million in 2024[4] - Gross profit for the same period was RMB 923.7 million, up 11.8% from RMB 826.0 million in 2024[4] - Operating loss decreased significantly by 73.3% to RMB 91.1 million from RMB 341.4 million in 2024[4] - Adjusted net loss for the year was RMB 31.9 million, an 88.2% improvement from RMB 270.0 million in 2024[4] - The net loss attributable to shareholders was RMB 36,706 thousand, a substantial reduction from RMB 287,246 thousand in the previous year, resulting in a basic and diluted loss per share of RMB 0.05[77] - The company reported total revenue of RMB 1,304,413 thousand for the year ended December 31, 2025, representing a 14.3% increase from RMB 1,141,079 thousand in 2024[77] - Revenue from game publishing and operations was RMB 1,176.4 million, up 13.7% from RMB 1,035.0 million in 2024[22] - Revenue from the mainland China market was RMB 1,051.1 million, an 18.8% increase from RMB 884.5 million in 2024[23] - The company reported a total of RMB 124,361,000 and RMB 105,027,000 in revenue from five major external customers for the years ended December 31, 2025, and 2024, respectively[100] Game Development and Launches - The company launched 24 premium mobile games, expanding its product matrix to include various genres such as MMORPG, strategy card games, and SLG[6] - The company has successfully integrated Unreal Engine 5 technology in mobile game development, achieving compatibility with the HarmonyOS platform[8] - The game "In the Name of Shining" has maintained strong performance since its launch in March 2023, consistently ranking in the top 30 of the iOS game sales chart and achieving over RMB 1 billion in revenue within the first month of release in mainland China[15] - The game "Dragon Tribe: The Gate of Kassel" has surpassed 10 million registered users globally as of the earnings announcement date[16] - The game "Dragon Tribe: The Gate of Kassel" achieved the highest revenue record in its history following the launch of UR dual partners in February 2026[16] - The company plans to launch six new game products globally from 2026 to 2028, diversifying its game portfolio[18] Research and Development - Research and development expenses remained stable at RMB 533.4 million, a slight increase of 0.2% from RMB 532.1 million in 2024[4] - The company has focused on long-term operational value in its product strategy, evidenced by the sustained user engagement of its games[7] - The company is deepening its research and development in Unreal Engine 5 technology and promoting the application of intelligent NPCs, enhancing the dynamic vitality of its games[13] - R&D expenses remained stable, increasing slightly by 0.2% from RMB 532.1 million in 2024 to RMB 533.4 million in 2025[27] Financial Position and Cash Flow - As of December 31, 2025, the net cash used in operating activities was RMB 52.8 million, a decrease of 71.9% compared to RMB 188.0 million for the year ended December 31, 2024[38] - The net cash used in investing activities was RMB 59.0 million for the year ended December 31, 2025, compared to cash generated of RMB 122.5 million in 2024, primarily due to the purchase of financial assets measured at fair value[39] - The cash and cash equivalents decreased by RMB 143.5 million in 2025, compared to a decrease of RMB 125.7 million in 2024, representing a 14.2% increase in cash outflow[38] - The debt-to-asset ratio as of December 31, 2025, was 24.6%, up from 19.0% as of December 31, 2024[41] - Total assets increased to RMB 2,667,061 thousand as of December 31, 2025, compared to RMB 2,598,360 thousand in 2024[82] Employee and Compensation - Employee compensation and benefits cost approximately RMB 563.9 million for the year ending December 31, 2025, compared to RMB 551.2 million for the previous year[60] - The company employs 1,086 full-time employees, with approximately 75.23% being R&D personnel[60] - The total share-based payment expenses for the year ended December 31, 2025, amounted to RMB 4,760,000, a decrease of 72.2% from RMB 17,171,000 in 2024[129] Corporate Governance and Social Responsibility - The company is committed to corporate social responsibility, having donated sports equipment and educational resources to schools in rural areas, continuing its "Honghu Build Dream" initiative for five years[9] - The board believes that the roles of chairman and CEO should be held by the same person for strong leadership, despite corporate governance guidelines suggesting otherwise[68] - The audit committee, composed of three independent non-executive directors, reviewed the financial information for the year ending December 31, 2025, with no objections to the accounting treatment[70] Future Outlook and Strategy - The company plans to enhance its business layout and aims for a new round of exponential growth in performance[6] - The company aims to achieve a new breakout after stabilizing its operations, focusing on high-quality, multi-category, integrated research and operations, and globalization strategies[10] - The company plans to focus on advantageous sectors and improve self-publishing efficiency while maintaining technological leadership and implementing strict project management standards[10] - The company aims to maximize overall returns to investors by optimizing cost structures and improving capital efficiency[73] - The company plans to enhance its market position through strategic initiatives, including potential market expansion and new product development[73]

ARCHOSAUR GAMES INC. 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份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 祖龍娛樂有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事（「董事」） 會（「董事會」）謹此公佈，董事會會議將於2026年3月20日（星期五）舉行，藉以 （其中包括）考慮及批准本集團截至2025年12月31日止之全年業績及其發佈，並考 慮建議派發末期股息（如有）。 承董事會命 祖龍娛樂有限公司 主席兼執行董事 李青先生 中國北京，2026年3月10日 祖龍娛樂有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9990） 董事會會議通告 於本公告日期，本公司董事會包括主席兼執行董事李青先生、執行董事白瑋先 生、非執行董事李納川先生及魯曉寅先生以及獨立非執行董事王靜女士、朱霖先 生及丁治平先生。 ...

| 證券代號 (如上市) | 09990 | 說明 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 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 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | 0 | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 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: | 2026年2月28日 | | | 狀態: | 新提交 | | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | 公司名稱: | 祖龙娱乐有限公司 | | | ...

Core Viewpoint - Zulong Entertainment (09990) announced the issuance of 2.1735 million new shares under its restricted stock unit plan adopted on December 22, 2022 [1] Group 1 - The company will issue the new shares on February 27, 2026 [1]

Group 1 - The company, Zulong Entertainment (09990), announced the issuance of 2.1735 million new shares based on the restricted share unit plan adopted on December 22, 2022 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 祖龙娱乐有限公司 呈交日期： 2026年2月27日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | | 09990 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 事件 | | | 已發行股份（不包括庫存股份）變動 佔有關事件前的現有已發 | | 庫存股份 ...

Group 1 - The company, Zulong Entertainment (09990.HK), announced the grant of 8.8 million restricted share units to 31 grantees under its restricted share unit plan, pending acceptance by the grantees [1]

Group 1 - The company, Zulong Entertainment (09990), announced the grant of 8.8 million restricted share units to 31 grantees under its restricted share unit plan, effective on February 16, 2026, pending acceptance by the grantees [1]

Group 1 - The company, Zulong Entertainment (09990), announced the issuance of 8.8 million restricted share units to 31 grantees on February 16, 2026, subject to acceptance by the grantees [1]