Financial Performance - Revenue decreased by approximately HKD 50.7 million or 12.7% to approximately HKD 347.7 million for the year ended December 31, 2025, compared to approximately HKD 398.5 million for the year ended December 31, 2024[5]. - Gross profit for the year ended December 31, 2025, was approximately HKD 46.7 million, down from approximately HKD 71.4 million in 2024[5]. - Profit attributable to owners of the company for the year ended December 31, 2025, was approximately HKD 16.1 million, compared to approximately HKD 31.5 million in 2024[5]. - Basic earnings per share for the year ended December 31, 2025, was approximately HKD 0.8 cents, down from approximately HKD 1.7 cents in 2024[5]. - Total comprehensive income for the year ended December 31, 2025, was approximately HKD 15.8 million, compared to approximately HKD 31.9 million in 2024[6]. - The company reported a pre-tax profit of HKD 16,114,000 for 2025, compared to HKD 31,500,000 in 2024, reflecting a decrease of about 48.9%[24]. - Net profit decreased by approximately HKD 15.4 million or 48.9% to about HKD 16.1 million for the year ended December 31, 2025, with a net profit margin declining from approximately 7.9% to 4.6%[42]. Assets and Liabilities - Non-current assets decreased from approximately HKD 36.99 million in 2024 to approximately HKD 33.48 million in 2025[7]. - Current assets increased slightly from approximately HKD 276.32 million in 2024 to approximately HKD 278.41 million in 2025[7]. - Total liabilities decreased from approximately HKD 57.44 million in 2024 to approximately HKD 42.15 million in 2025[7]. - Net assets increased from approximately HKD 253.38 million in 2024 to approximately HKD 269.14 million in 2025[8]. - Trade receivables decreased significantly to HKD 15,541,000 in 2025 from HKD 67,870,000 in 2024, a reduction of about 77%[27]. - Bank borrowings decreased to approximately HKD 1.3 million as of December 31, 2025, down from HKD 5.9 million in 2024[44]. - The debt-to-equity ratio improved from approximately 5.0% on December 31, 2024, to about 2.4% on December 31, 2025, due to a reduction in borrowings and an increase in total equity[45]. Revenue Sources - Revenue from steel structure engineering decreased to HKD 347,733,000 in 2025 from HKD 398,463,000 in 2024, representing a decline of approximately 12.7%[16]. - Major customers contributing over 10% of total revenue included Customer 1 with HKD 145,872,000 in 2025, down from HKD 220,721,000 in 2024, and Customer 2 with HKD 75,376,000, up from HKD 53,221,000[19]. - Other income decreased to HKD 244,000 in 2025 from HKD 620,000 in 2024, a decline of approximately 60.6%[20]. Operational Changes - The company secured several significant new contracts through a more aggressive pricing strategy, contributing to revenue despite a challenging bidding environment[32]. - The company adopted a conservative bidding strategy to maintain financial performance and operational stability during a period of economic uncertainty in the construction industry[33]. - Service costs decreased by approximately HKD 26.0 million or 7.9% to about HKD 301.1 million for the year ended December 31, 2025, mainly due to a reduction in project volume[37]. - Administrative expenses increased by approximately HKD 0.7 million or 2.6% to about HKD 27.2 million for the year ended December 31, 2025, primarily due to increased employee costs and depreciation from relocating to a new office[40]. Future Plans and Investments - The company is expanding into the solar panel market and prefabricated housing and construction materials, establishing a subsidiary to pursue these opportunities[35]. - The planned use of net proceeds includes funding for a new production facility, with HKD 33.1 million allocated for this purpose, expected to be utilized by December 2026[58]. - The group reported capital expenditures of approximately HKD 4.8 million for the year ended December 31, 2025, compared to HKD 17.0 million in 2024[48]. Governance and Compliance - The audit committee has reviewed the group's annual performance for the year ending December 31, 2025, confirming compliance with applicable financial reporting standards[69]. - The group's auditor, Auber International CPA, confirmed that the financial figures in the preliminary announcement align with the draft consolidated financial statements for the year ending December 31, 2025[70]. - The board of directors includes both executive and independent non-executive members, ensuring diverse governance[75]. Dividends and Shareholder Information - The board of directors decided not to recommend a final dividend for the year ended December 31, 2025[5]. - The company did not recommend a final dividend for the year ending December 31, 2025, consistent with the previous year[26]. - The company's annual general meeting is scheduled for June 22, 2026, with a suspension of share transfer registration from June 16 to June 22, 2026[71][72]. - At least 25% of the company's issued share capital is held by the public as of the year ending December 31, 2025[68].

Financial Performance - Total revenue for the year ended December 31, 2025, reached RMB 2,818,023 thousand, representing an 80.8% increase compared to RMB 1,558,586 thousand in 2024[4] - Gross profit for 2025 was RMB 1,184,132 thousand, up 43.4% from RMB 825,793 thousand in 2024[4] - Net profit for the year was RMB 73,268 thousand, a significant turnaround from a loss of RMB 876,670 thousand in 2024, marking a 108.4% improvement[4] - Adjusted net profit increased by 91.3% to RMB 151,510 thousand from RMB 79,212 thousand in the previous year[4] - The company reported a total comprehensive income of RMB 48,782 thousand for 2025, a significant recovery from a loss of RMB 877,183 thousand in 2024[6] - Total revenue for the year ending December 31, 2025, reached RMB 2,818,023 thousand, a significant increase from RMB 1,558,586 thousand in 2024, representing a growth of approximately 80.8%[22] - AI application business revenue for 2025 was RMB 1,486,633 thousand, up from RMB 842,161 thousand in 2024, indicating a growth of about 76.5%[22] - Gross profit for the year ending December 31, 2025, was RMB 1,184,132 thousand, compared to RMB 825,793 thousand in 2024, reflecting an increase of approximately 43.4%[21] - The company recorded a profit of RMB 73.3 million in 2025, a significant turnaround from a loss of RMB 876.7 million in 2024[88] Assets and Liabilities - Total current assets increased to RMB 5,124,826 thousand in 2025, up from RMB 2,911,303 thousand in 2024, reflecting improved liquidity[7] - Total liabilities increased to RMB 3,131,230 thousand in 2025 from RMB 2,278,120 thousand in 2024, indicating higher leverage[8] - The company's equity rose to RMB 1,909,438 thousand in 2025, compared to RMB 658,094 thousand in 2024, showing strong financial health[8] - Trade receivables increased to RMB 648,373,000 in 2025 from RMB 175,324,000 in 2024, with total receivables at RMB 576,810,000 after impairment[39] - As of December 31, 2025, the total accounts receivable amounted to RMB 648,373 thousand, with an expected credit loss of RMB 72,047 thousand, resulting in a credit loss rate of 11.11%[44] - The expected credit loss rate for trade receivables is 0.62% in 2025, up from 0.45% in 2024[43] - The company has recognized a total impairment provision of RMB 72,050,000 for trade receivables in 2025, compared to RMB 32,517,000 in 2024[42] Research and Development - Research and development expenses rose to RMB 440,886 thousand in 2025, compared to RMB 245,449 thousand in 2024, indicating a focus on innovation[5] - Research and development expenses for 2025 were RMB 394,311 thousand, significantly higher than RMB 127,096 thousand in 2024, marking an increase of approximately 209.5%[30] - Research and development expenses are projected to increase by 79.6% from RMB 245.4 million in 2024 to RMB 440.9 million in 2025, driven by enhanced investment in AI cloud computing and optimization of R&D resource allocation[81] Subsidiaries and Market Expansion - The company primarily engages in AI application businesses, providing cloud marketing and sales services, intelligent talent management services, generative AI operating systems, and precision marketing services in China[9] - The company has established multiple subsidiaries across China, focusing on marketing and sales services, with registered capitals ranging from RMB 1 million to RMB 100 million[10][11] - The company aims to expand its market presence through strategic investments in subsidiaries, including the establishment of Jiangxi Zhendao Digital Technology Co., Ltd. with a registered capital of RMB 20 million, set to launch on May 16, 2024[11] - The company is actively pursuing market expansion through the establishment of new subsidiaries, with several set to be operational by 2026[12][13] - The company plans to accelerate international expansion, targeting markets in East Asia, Southeast Asia, the Middle East, and Europe and America by 2026[65] Corporate Governance and Compliance - The company has adopted corporate governance codes and has complied with all applicable provisions during the reporting period, except for the separation of the roles of Chairman and CEO[106][107] - The audit committee has reviewed the consolidated annual results for the year ending December 31, 2025, confirming compliance with applicable accounting standards[114] - The company will publish its annual report containing all relevant information as per listing rules at an appropriate time[120] Employee and Operational Efficiency - Employee efficiency improved by 62.7%, with AI applications enhancing operational performance[57] - The company has 1,737 full-time employees as of December 31, 2025, primarily located in Shanghai, China[105] - The company has a strong record in attracting and retaining core employees through competitive compensation and performance-based incentives[105] Financing and Capital Management - The company has repurchased a total of 866,500 shares at a total cost of HKD 36,876,062, with the highest price per share being HKD 48.3 and the lowest HKD 37.24[110] - The net proceeds from the initial public offering on May 16, 2024, amounted to approximately HKD 181.1 million, with HKD 153.9 million already utilized by December 31, 2025[111] - 20% of the net proceeds (HKD 36.2 million) is allocated to enhance the Marketingforce platform and cloud-based product offerings[111] - 30% of the net proceeds (HKD 54.3 million) is designated for improving relevant technologies, including AI, big data analytics, and cloud computing[111] - 30% of the net proceeds (HKD 54.3 million) is aimed at expanding the sales network and enhancing customer success systems[111] - 15% of the net proceeds (HKD 27.2 million) is planned for strategic investments and acquisitions to enrich the product portfolio[111] Revenue and Cost Management - Service costs rose significantly, with total costs increasing by 123.0% to RMB 1,633.9 million in 2025 from RMB 732.8 million in 2024[72] - Sales and distribution expenses are expected to rise by 24.5% from RMB 327.5 million in 2024 to RMB 407.7 million in 2025, primarily due to increased contract fulfillment costs and higher sales commissions from customer referrals[79] - Financing costs totaled RMB 48,290 thousand in 2025, compared to RMB 39,302 thousand in 2024, representing an increase of about 22.8%[31] Strategic Goals - The company aims to deepen its technological advantages and convert them into commercial profits, pushing AI applications from "usable" to "essential" by 2026[64] - The company aims to maintain high-quality growth by aligning its interests with clients through performance-based pricing models[66]

Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 25,874,000, a decrease of 41.5% from HKD 44,174,000 in 2024[4] - Other income and net losses amounted to HKD (8,920,000), compared to a gain of HKD 24,864,000 in the previous year[4] - The company reported a loss before tax of HKD (65,524,000), compared to a loss of HKD (27,170,000) in 2024, reflecting a significant increase in losses[4] - The group reported a net loss of approximately HKD 65.5 million for the year ending December 31, 2025, with total liabilities exceeding HKD 125.3 million, which is greater than the cash and cash equivalents of HKD 85.8 million held at the same date[11] - The company reported a loss attributable to ordinary equity holders of HKD 65,524,000 for 2025, compared to a loss of HKD 27,168,000 in 2024, indicating an increase in losses[25] - The net loss attributable to equity holders of the parent company was approximately HKD 65,500,000, an increase of about 141.2% from HKD 27,200,000 in the previous year, primarily due to unrealized losses on private equity fund investments[36] - The company reported a net loss of approximately HKD 65,500,000 for the year ending December 31, 2025[75] Revenue and Income Sources - Customer contract revenue decreased to HKD 25.653 million in 2025 from HKD 43.722 million in 2024, representing a decline of approximately 41.3%[17] - The group’s revenue from external asset management advisory commissions decreased to HKD 19.249 million in 2025 from HKD 38.197 million in 2024, a decline of approximately 49.7%[18] - The group’s total income for 2025 was HKD 25.874 million, down from HKD 44.174 million in 2024, reflecting a decrease of approximately 41.5%[17] - External asset management service revenue decreased to HKD 19,200,000 in 2025 from HKD 38,200,000 in 2024, a decline of approximately 49.6% due to client withdrawals[39] - Fund management service revenue increased to HKD 6,400,000 in 2025 from HKD 5,000,000 in 2024, representing a growth of about 28.8% due to successful realizations of investments[40] Expenses and Liabilities - The cost of services provided was HKD (15,289,000), down from HKD (33,122,000) in 2024, indicating a reduction of 53.8%[4] - Employee expenses increased to HKD (26,103,000), up 17.9% from HKD (22,127,000) in 2024[4] - Research and development expenses were HKD (9,095,000), a decrease of 17% from HKD (10,957,000) in 2024[4] - Current liabilities increased to HKD 132,797,000 from HKD 121,348,000, an increase of 9.9%[5] - The net current liabilities amounted to HKD (34,470,000), compared to net current assets of HKD 29,411,000 in 2024[6] - The company's equity attributable to owners of the parent was HKD (34,051,000), a decline from HKD 31,473,000 in 2024[6] - The total amount of outstanding promissory notes, interest payable, and advances from related companies was HKD 125,300,000, which needs to be repaid within 12 months from the reporting date[75] Cash and Assets - Total current assets decreased to HKD 98,327,000 from HKD 150,759,000, a decline of 34.7%[5] - As of December 31, 2025, the group's cash and cash equivalents amounted to approximately HKD 85.8 million, a decrease from HKD 101.7 million in 2024[51] - The company held cash and cash equivalents of approximately HKD 85,800,000 as of December 31, 2025, which is insufficient to cover its total liabilities[75] - The company’s investment in a private equity fund was valued at HKD 1,870,000 in 2025, down from HKD 18,733,000 in 2024, reflecting a significant decrease of approximately 90%[27] - The fair value of the investment fund as of December 31, 2025, is approximately HKD 1,900,000, down from HKD 18,700,000 as of December 31, 2024, which is a decline of about 89.8%[46] Strategic Plans and Future Outlook - The group aims to negotiate with independent noteholders to restructure repayment terms for outstanding notes and seek favorable repayment plans for interest payable[12] - The group plans to control administrative costs and limit capital expenditures to improve operational cash flow[12] - The group is actively exploring new business opportunities and diversifying revenue sources to ensure sustainability[12] - The overall business environment is expected to remain challenging due to geopolitical tensions and rising global inflation pressures[50] - The company will strategically adjust resource allocation in its financial services business to seize investment opportunities and maximize returns for shareholders[50] Audit and Compliance - The independent auditor's report did not express an opinion due to the inability to obtain sufficient appropriate audit evidence regarding the consolidated financial statements[74] - The audit committee reviewed the annual performance and confirmed that the consolidated performance for the year ending December 31, 2025, complies with relevant accounting standards[71] Employee and Operational Metrics - The group employed 31 full-time employees as of December 31, 2025, down from 37 in 2024, with employee costs amounting to approximately HKD 26.1 million[63] - The weighted average number of ordinary shares used to calculate basic and diluted loss per share remained constant at 1,421,838,398 shares for both years[25] Dividends - The company did not declare a final dividend for the year ending December 31, 2025, consistent with the previous year[24] - The board did not recommend the payment of a final dividend for the year ended December 31, 2025, consistent with the previous year[65]

香港聯合交易所有限公司（「聯交所」）GEM之特色 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。 Optima Automobile Group Holdings Limited 傲迪瑪汽車集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8418） 截至二零二五年十二月三十一日止年度之 年度業績公告 本公告的資料乃遵照聯交所GEM 證券上市規則（「GEM 上市規則」）而刊載，旨在 提供有關傲迪瑪汽車集團控股有限公司（「本公司」）的資料。本公司董事（「董事」） 願就本公告共同及個別地承擔全部責任。董事在作出一切合理查詢後確認，就彼 等所深知及確信，本公告所載資料在各重要方面均屬準確完備，並無誤導或欺詐 成分，亦無遺漏其他事項，足以令致本公告所載任何陳述或本公告產生誤導。 1 年度業績 董事會（「董事會」）欣然宣佈本公司及其附屬公司（統稱「本集團」）截至二零二五 年十二月三十一日止財政年度的經審核綜合業績，連同截至二零二四年十二月 三十一 ...

Financial Performance - The total revenue for the fiscal year ending December 31, 2025, was HKD 72,221,000, a decrease of 25.7% compared to HKD 97,127,000 in the fiscal year 2024[2] - Gross profit for the fiscal year 2025 was HKD 18,061,000, down 43.5% from HKD 31,901,000 in 2024[2] - The company reported a net loss of HKD 11,346,000 for 2025, compared to a profit of HKD 495,000 in 2024, indicating a significant decline in profitability[2] - Total income, including miscellaneous income, interest income, and government grants, was HKD 1,262,000 in 2025, down from HKD 2,151,000 in 2024, indicating a decrease of about 41.2%[16] - The group recorded a net loss of approximately HKD 11.3 million in fiscal year 2025, compared to a net profit of HKD 0.5 million in fiscal year 2024[29] - Basic and diluted loss per share was HKD (4.69) in 2025, compared to earnings of HKD 0.20 per share in 2024[21] Assets and Liabilities - Total assets increased to HKD 68,016,000 in 2025 from HKD 61,907,000 in 2024, reflecting a growth of 9.0%[3] - Current liabilities rose to HKD 44,805,000 in 2025, up from HKD 34,887,000 in 2024, representing a 28.5% increase[4] - The company has a total equity of HKD 12,534,000 in 2025, down from HKD 23,880,000 in 2024, indicating a decrease of 47.5%[3] - Trade receivables increased to HKD 16,318,000 in 2025 from HKD 11,489,000 in 2024, reflecting a rise of approximately 42.3%[21] - Trade payables increased from HKD 9.982 million in 2024 to HKD 13.653 million in 2025[23] - Interest-bearing liabilities amount to approximately HKD 27.5 million as of December 31, 2025, compared to HKD 17.1 million as of December 31, 2024[30] - The group's debt ratio is approximately 220% as of December 31, 2025, significantly up from 71.5% as of December 31, 2024[31] Cash Flow and Financing - The company's cash and bank balances decreased significantly to HKD 1,938,000 in 2025 from HKD 8,520,000 in 2024, a decline of 77.3%[3] - The company’s financing costs increased to HKD 1,076,000 in 2025 from HKD 982,000 in 2024, an increase of 9.6%[2] - Financing costs rose to HKD 1,076,000 in 2025 from HKD 982,000 in 2024, an increase of approximately 9.6%[19] - The group plans to issue one share for every three shares held as a rights issue to strengthen its financial position and seize future opportunities in the Chinese engineering market[27] Operational Highlights - The company is primarily engaged in providing concrete demolition services in Hong Kong and Macau, indicating a focus on market expansion in these regions[6] - Revenue from concrete demolition services decreased to HKD 72,221,000 in 2025 from HKD 97,127,000 in 2024, representing a decline of approximately 25.7%[16] - The group has successfully secured multiple construction contracts in China, totaling RMB 878.3 million, including a project for industrial waste gas power generation valued at RMB 78.3 million[26] - The group is actively expanding its engineering operations in China following the acquisition of a registered company in China, which has the necessary qualifications for operations[26] - The group has maintained a cautious optimistic attitude towards project bidding in light of anticipated construction activity in the Northern Metropolis area[25] Employee and Operational Costs - The group has 84 full-time employees as of December 31, 2025, down from 86 employees in the previous fiscal year, with employee costs amounting to approximately HKD 46.8 million in the current fiscal year compared to HKD 43.2 million in the previous year[42] - Administrative and other operating expenses slightly decreased by about HKD 0.7 million (approximately 2.4%) to about HKD 28.1 million in fiscal year 2025[28] Governance and Compliance - The audit committee has reviewed the consolidated financial statements for the fiscal year 2025, confirming compliance with applicable accounting standards and sufficient disclosures[50] - The company has adhered to the corporate governance code throughout the fiscal year 2025, with the exception of the separation of the roles of Chairman and CEO until November 14, 2025[51] - The board of directors confirmed that there were no conflicts of interest involving directors or major shareholders during the fiscal year 2025[52] - The board of directors has fully complied with the trading code for securities transactions throughout the fiscal year 2025[53] - The company has implemented sufficient preventive measures to ensure a balance of power and authority within the organization[51] - The board of directors includes independent non-executive directors, ensuring diverse oversight and governance[62] Future Outlook - The company is currently evaluating the detailed impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements, which are expected to affect future disclosures[14] - There are no future plans for significant investments or capital assets as of December 31, 2025[47] - The company does not recommend the payment of a final dividend for the fiscal year 2025[59] - The annual report for the fiscal year 2025 will be published and made available to shareholders at an appropriate time[60] Appointments and Changes - Mr. Zhang Xianan was appointed as Vice Chairman on November 14, 2025, ensuring compliance with the corporate governance code[55] - Mr. Cao Yifan was appointed as Chairman and Executive Director on October 23, 2025[54] - Ms. Pang Xiaoli was appointed as Executive Director on December 31, 2025[56]

Financial Performance - For the fiscal year ending December 31, 2025, the company reported a total revenue of HKD 35,531,000 from brokerage and commission income, a slight decrease of 1.6% compared to HKD 36,107,000 in 2024[3] - The company incurred a total loss of HKD 190,748,000 for the fiscal year 2025, which is an increase of 129% from the loss of HKD 83,163,000 in 2024[4] - The company reported a basic and diluted loss per share of HKD 11.83 for 2025, compared to HKD 9.74 for 2024, representing a 21.5% increase in loss per share[4] - The company reported a net loss attributable to owners of HKD (136,852) thousand in 2025, worsening from a loss of HKD (83,135) thousand in 2024[31] - The pre-tax loss for the current year was approximately HKD 190,700,000, compared to a pre-tax loss of approximately HKD 83,200,000 for the year ending December 31, 2024[54] - The company recorded a negative revenue of approximately HKD 22,300,000 for the year ending December 31, 2025, compared to a revenue of approximately HKD 75,700,000 for the previous year[54] Expenses and Provisions - The company's administrative expenses rose to HKD 70,040,000 in 2025, up from HKD 59,296,000 in 2024, reflecting a 18.5% increase[4] - The financial assets credit loss provision was reversed, resulting in a gain of HKD 106,541,000 in 2025, compared to a loss of HKD 32,669,000 in 2024[4] - The net loss before tax was significantly impacted by credit loss provisions, with a net provision of HKD (106,541) thousand in 2025 compared to a gain of HKD 32,669 thousand in 2024[27] - The company recorded a credit loss provision of HKD 20,572,000 for lending operations in the fiscal year ending December 31, 2024[19] - The expected credit loss provision for loans receivable is approximately HKD 22,100,000, up from HKD 20,600,000 as of December 31, 2024[80] Assets and Liabilities - The company's total assets decreased to HKD 938,483,000 in 2025 from HKD 1,027,697,000 in 2024, indicating a decline of approximately 8.7%[6] - The net asset value as of December 31, 2025, was HKD 725,622,000, a slight decrease from HKD 733,127,000 in 2024[7] - The company’s total current liabilities decreased to HKD 211,212,000 in 2025 from HKD 291,796,000 in 2024, a reduction of 27.6%[7] - Total assets for the financial investment segment were HKD 607,638,000, while total liabilities amounted to HKD 1,649,000, indicating a significant asset base relative to liabilities[16] - Non-current assets in Hong Kong decreased to HKD 365,980 thousand in 2025 from HKD 577,796 thousand in 2024, a decline of 36.6%[21] Revenue Sources - For the fiscal year ending December 31, 2025, the total revenue from financial investments and services was a loss of HKD 57,832,000, while brokerage and commission revenue was HKD 35,531,000, resulting in a consolidated loss of HKD 22,301,000[16] - Revenue from external customers in Hong Kong decreased to HKD (22,301) thousand in 2025 from HKD 74,949 thousand in 2024, representing a decline of approximately 129.7%[21] - Commission income from securities trading increased to HKD 14,006 thousand in 2025 from HKD 5,515 thousand in 2024, a growth of 153.5%[24] - Interest income from lending operations rose to HKD 34,320 thousand in 2025 compared to HKD 30,060 thousand in 2024, an increase of 14.1%[24] Shareholder Information - The company did not declare any dividends for the fiscal year 2025, consistent with the previous year[4] - The company did not recommend any final dividend for the year, consistent with the previous year[29] - The board proposed a special cash dividend of approximately HKD 0.228 per share, which was approved at the special general meeting held on February 11, 2026[94] Acquisitions and Investments - The company acquired 100% of the issued share capital of CTAML for HKD 60,000,000 and 51% of BJIL for HKD 60,000,000, both completed in February 2025[52] - The company also acquired 100% of DHDL and TNIL for HKD 15,000,000 and HKD 10,000,000 respectively, completed in February 2025[52] - The total identifiable net assets acquired from CTAML, BJIL, DHDL, and TNIL amounted to HKD 202,647,000[53] Market and Strategic Focus - The company is actively seeking business expansion opportunities, particularly in AI technology and fintech investment areas[81] - The investment strategy focuses on fixed income financial instruments, primarily offshore USD-denominated bonds issued by Chinese institutions[60] - The group anticipates continued market growth as the global economy transitions, with a focus on capital market dominance and opening to overseas investors[58] Staffing and Corporate Governance - The group employed a total of 66 staff members as of December 31, 2025, and is committed to employee training and development, maintaining competitive compensation packages[92] - The audit committee meets at least twice a year to oversee the integrity and effectiveness of the company's financial reporting, and consists of three independent non-executive directors[97] - The independent auditor confirmed that the figures in the preliminary announcement align with the audited consolidated financial statements for the year[98]

Financial Performance - The total revenue for the year ended December 31, 2025, was RMB 153,808,000, representing an increase of 19.6% compared to RMB 128,627,000 for the year ended December 31, 2024[3]. - Gross profit for the year was RMB 96,562,000, a decrease of 5.3% from RMB 102,101,000 in the previous year[3]. - The net profit attributable to the owners of the company was RMB 28,683,000, down 10.8% from RMB 31,943,000 in the prior year[3]. - Basic and diluted earnings per share were RMB 6.91, compared to RMB 7.70 in the previous year, reflecting a decrease of 10.3%[3]. - The reported segment profit (gross profit) for 2025 was RMB 96,562,000, a decrease from RMB 102,101,000 in 2024, reflecting a decline of about 5.3%[14]. - The profit attributable to the company's owners was approximately RMB 28.7 million, down from RMB 31.9 million for the year ended December 31, 2024, due to increased costs and expenses[50]. Revenue Breakdown - The mobile recharge service revenue decreased to RMB 78,963,000 in 2025 from RMB 104,232,000 in 2024, a decline of about 24.3%[14]. - The digital marketing service revenue significantly increased to RMB 74,782,000 in 2025 from RMB 24,126,000 in 2024, marking a growth of approximately 210.5%[14]. - Revenue from digital marketing services reached approximately RMB 74.8 million in 2025, up from RMB 24.1 million in the same period of 2024, driven by partnerships with major platforms and state-owned banks[41]. Assets and Liabilities - Total assets as of December 31, 2025, were RMB 491,481,000, a decrease from RMB 555,764,000 in the previous year[4]. - The company's debt decreased from approximately RMB 122.0 million as of December 31, 2024, to approximately RMB 41.0 million as of December 31, 2025, resulting in a debt ratio decline from about 39.5% to 12.2%[53][57]. - The company has no significant contingent liabilities, guarantees, or litigation as of December 31, 2025[64]. Cash Flow and Liquidity - The company's cash and cash equivalents increased to RMB 83,551,000 from RMB 50,841,000, showing a significant improvement in liquidity[4]. - The net cash generated from operating activities for the year ended December 31, 2025, was approximately RMB 134.7 million, compared to a net cash used of RMB 123.7 million for the year ended December 31, 2024[52]. - The company maintained a prudent financial management strategy throughout the reporting period, ensuring a robust liquidity position[54]. Expenses - Other income net amount decreased to RMB 5,616,000 in 2025 from RMB 7,060,000 in 2024, a decline of approximately 20.5%[17]. - The total employee costs for 2025 were approximately RMB 49,624,000, a decrease from RMB 51,811,000 in 2024, representing a reduction of about 4.2%[19]. - Distribution and selling expenses increased by approximately 64.8% to about RMB 27.2 million, attributed to restructuring of the marketing team[45]. - Administrative expenses decreased by approximately 33.2% to about RMB 25.7 million, mainly due to reduced employee costs from restructuring[46]. - Research and development expenses were RMB 12,886,000, slightly up from RMB 12,529,000, reflecting continued investment in innovation[3]. Customer Base and Market Position - The company has a diversified customer base with no single customer accounting for more than 10% of total revenue in 2025[16]. - The company has established a strong presence in the digital marketing sector, serving major state-owned banks and expanding into consumer-facing businesses on platforms like Taobao and JD[35]. Strategic Initiatives - The company launched the industry-first WeChat ecosystem AI assistant, "ShuHui Assistant," aimed at enhancing internal information upgrades[37]. - The digital rights procurement platform "ShuHui JuCai" is evolving towards sales lead acquisition and ecosystem closure, addressing issues of information asymmetry and high costs[37]. - The company plans to invest in new consumption and artificial intelligence sectors through the Jiaxing Yunhui fund, aiming to support innovative startups and diversify investment risks[65]. Awards and Recognition - The company received the "2025 Digital Life Industry Excellent Collaborative Partner Award" from the Taotian Group for its "Nian Nian Card Life Service Specialty Store"[35]. Governance and Management - The executive directors include Dr. Zhou Jinhong, Mr. Huang Junmou, and Mr. Guo Wei[81]. - The non-executive directors include Mr. Zhuang Yongjian and Mr. Yu Zida[81]. - The independent non-executive directors include Mr. Zhang Mingqun, Dr. Li Yao, and Ms. Xiang Ting[81]. Dividend Policy - The company has not declared or recommended any dividends for the year, maintaining a consistent policy of no dividend distribution[24]. - The company does not recommend the payment of a final dividend for the year ending December 31, 2025[68].

Financial Performance - For the fiscal year ending December 31, 2025, the company reported total revenue of HKD 201,245,000, a decrease of 45.0% from HKD 366,542,000 in 2024[3] - The gross profit for the same period was HKD 152,291,000, down 38.3% from HKD 247,355,000 in the previous year[3] - The company recorded a profit before tax of HKD 9,992,000, a significant decline of 92.1% compared to HKD 126,163,000 in 2024[3] - The net profit attributable to the owners of the company from continuing operations was HKD 10,925,000, down 88.4% from HKD 93,885,000 in the prior year[3] - Total comprehensive income for the year was HKD 137,963,000, a decrease of 63.5% from HKD 377,745,000 in 2024[4] - The group's revenue for the year ending December 31, 2025, was HKD 201,245,000, a decrease of 45.1% compared to HKD 366,542,000 in 2024[16] - Revenue from the sale of electronic entertainment equipment and systems in Macau was HKD 196,528,000, down 45.2% from HKD 359,287,000 in the previous year[16] - The group reported a total of HKD 198,704,000 in revenue from customer contracts, a decline of 45.2% from HKD 362,855,000 in 2024[16] - The profit for the year ended December 31, 2025, was HKD 139.4 million, a decrease of 63.5% compared to HKD 381.9 million for the year ended December 31, 2024[44] Assets and Liabilities - The company's total assets decreased to HKD 719,377,000 from HKD 826,871,000, reflecting a decline of 13.0%[5] - Current liabilities increased to HKD 145,212,000 from HKD 173,107,000, a decrease of 16.1%[5] - The company's cash and cash equivalents stood at HKD 378,122,000, slightly down from HKD 389,181,000 in the previous year[5] - The company has a total outstanding debt of HKD 110,800,000 as of December 31, 2025, down from HKD 156,700,000 in 2024[79] - The company has pledged bank deposits of HKD 50,900,000 as of December 31, 2025, compared to HKD 48,100,000 in 2024[76] - The company's non-current assets, excluding financial assets, are primarily located in Macau, highlighting the geographical focus of its operations[20] Business Operations - The company has terminated its management services for the casino in Macau, impacting its revenue streams[6] - The group has terminated its reportable and operating segment providing entertainment management services, which will not be included in the current period's segment reporting[17] - The group sold its equity interest in subsidiaries within the innovative and renewable energy solutions business segment, which does not represent a sale of the group's main business line or operating region[17] - The company ceased providing management services to a casino in Macau effective December 2, 2025, which may impact future revenue streams[28] - The group decided to cease its innovative and renewable energy solutions business in mainland China, which contributed HKD 600,000 in revenue for the year ending December 31, 2025, down from HKD 1,300,000 in 2024[56] Capital Expenditure and Investments - The capital expenditure for the entertainment systems segment was HKD 14,299,000, while total capital expenditure across segments was HKD 14,325,000[18] - Capital expenditures for 2025 were HKD 15,668,000, up from HKD 12,666,000 in 2024, indicating a growth of 23.6%[30] - The capital commitments for property, plant, and equipment amounted to HKD 486,000 as of December 31, 2025, down from HKD 7,812,000 in the previous year[41] - The group has no significant future investment or capital asset plans beyond the disclosed capital commitments[88] Employee and Compensation - Total employee costs increased to HKD 74,328,000 in 2025 from HKD 54,309,000 in 2024, representing a rise of 36.9%[30] - The total employee cost for the year ended December 31, 2025, was HKD 296 million, an increase from HKD 238.6 million in 2024, including HKD 42.1 million in severance and benefits due to the termination of operations at the gaming venue[89] - The group had approximately 350 employees as of December 31, 2025, down from about 730 employees in 2024 due to the cessation of operations at the gaming venue[89] Future Outlook and Strategy - The company is focused on restructuring and exploring new business opportunities to enhance future growth[6] - The company plans to launch the new "Black Coral" live mixed gaming machine system in 2026, which is expected to enhance player engagement and overall entertainment experience[54] - The group is expanding its electronic entertainment equipment and systems business into other Asian markets, such as the Philippines and Sri Lanka, as well as North America[55] - The global online entertainment market is experiencing rapid growth, and the group plans to launch a new brand "Infernoplay" to capitalize on this opportunity with new games developed using generative AI[68] - The company is committed to investing in innovation and technology to adapt to changing market demands and trends[69] Financial Reporting Standards - The new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the group's consolidated financial statements in the foreseeable future[10] - The revised HKFRS 9 clarifies the recognition and derecognition of financial assets and liabilities, effective for annual periods beginning on or after January 1, 2026[11][13] - The new HKFRS 18 introduces new requirements for the presentation and disclosure of financial statements, effective for annual periods beginning on or after January 1, 2027[14] - The group expects the application of new standards to impact the structure and presentation of the consolidated income statement but not significantly affect financial performance and position[14] - The group has not early adopted any of the new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective[10] Dividends - The company plans to distribute a final dividend of HKD 0.025 per share for the fiscal year 2025, totaling HKD 26,305,000, pending shareholder approval[27] - The proposed final dividend for the year ending December 31, 2025, is HKD 0.025 per share, totaling HKD 26,300,000 based on 1,052,185,315 shares issued[70] - The interim dividend declared for the six months ending June 30, 2025, is HKD 0.075 per share, contributing to a total dividend of HKD 0.10 per share for the year ending December 31, 2025[71] Audit and Compliance - The independent auditor for the financial statements for the year ending December 31, 2025, is Deloitte Touche Tohmatsu, with a resolution to reappoint them to be presented at the 2026 annual general meeting[100] - The audit committee has reviewed the audited consolidated financial statements for the year ending December 31, 2025, along with the relevant accounting principles and practices adopted by the group[101] - The company has adopted a standard code of conduct for securities trading, with all directors confirming compliance for the year ending December 31, 2025[96]

Dividend Distribution - The proposed final dividend distribution date is clarified to be July 13, 2026, instead of July 14, 2026, due to a typographical error[4] Annual Performance Announcement - The announcement serves as a supplement to the annual performance announcement for the year ending December 31, 2025[4] - All other information in the performance announcement remains unchanged[4]

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 或任何部份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。 （於開曼群島註冊成立的有限公司） （股份代號：6038） 截至二零二五年十二月三十一日止年度 之年度業績公告 於二零二五年十二月三十一日 | 財務摘要 | | | | --- | --- | --- | | | 截至十二月三十一日 | | | | 止年度 | | | | 二零二五年 | 二零二四年 | | | 千港元 | 千港元 | | 收 益 | 380,422 | 429,312 | | 毛 利 | 100,138 | 114,456 | | 除所得稅前溢利 | 65,245 | 55,928 | | 年內溢利 | 55,571 | 43,190 | | 每股基本盈利 （港仙） | 5.5 | 4.3 | | （港仙） 每股攤薄盈利 | 5.5 | 4.3 | | | 董事會不建議於截至二零二五年十二月三十一日止年度派付末期股息。 | | 年度 ...