Financial Services - The financial services agreement established by the company's wholly-owned subsidiary is expected to generate additional revenue from related transaction services and related margin loans[3] - The annual cap for related transaction services and the maximum daily outstanding balance for related margin loans is set at HKD 30,000,000 and HKD 116,000,000 respectively for the three years ending December 31, 2024[4] - Total revenue from related transaction services charged to related parties is approximately HKD 118,000 for the year ending December 31, 2024[4] Share Option Scheme - The number of shares available for issuance under the share option scheme is 467,204,922 shares as of January 1, 2024, representing about 7.54% of the total issued shares[5] - As of the report date, the number of shares available for issuance under the share option scheme is 481,704,922 shares, accounting for approximately 7.77% of the total issued shares[5]

Financial Performance - Operating revenue for the third quarter was RMB 19,362,301 thousand, a decrease of 13.8% compared to the same period last year[7] - Net profit attributable to shareholders of the listed company reached RMB 30,595 thousand, an increase of 361.67% year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 45,426 thousand, up 233.23% from the previous year[7] - Net profit for the first three quarters of 2025 was a loss of CNY 429,121, compared to a profit of CNY 39,916 in the same period of 2024[20] - The total comprehensive income for the first three quarters of 2025 was -441,723 thousand RMB, compared to 48,476 thousand RMB in the same period of 2024, indicating a significant decline[21] - The basic and diluted earnings per share for the first three quarters of 2025 were both -0.041 RMB, compared to 0.003 RMB in 2024, reflecting a negative performance shift[21] Cash Flow - Net cash flow from operating activities was RMB 1,887,979 thousand, down 81.28% compared to the same period last year[7] - The net cash flow from operating activities for the first three quarters of 2025 was 2,666,922 thousand RMB, down from 10,425,601 thousand RMB in 2024, reflecting a decrease of approximately 74.4%[24] - Cash inflow from operating activities totaled 64,891,964 thousand RMB in 2025, compared to 71,811,863 thousand RMB in 2024, representing a decrease of about 9.5%[24] - The net cash flow from investing activities was 125,719 thousand RMB in 2025, a recovery from a negative cash flow of -1,404,314 thousand RMB in 2024[24] - Cash flow from financing activities showed a net outflow of -1,357,565 thousand RMB in 2025, compared to -2,402,408 thousand RMB in 2024, indicating an improvement[25] Assets and Liabilities - Total assets at the end of the reporting period were RMB 41,859,639 thousand, a slight increase of 0.22% from the end of the previous year[7] - The company's total assets as of September 30, 2025, amounted to CNY 41,859,639, a slight increase from CNY 41,769,339 at the end of 2024[18] - Current assets decreased to CNY 18,490,416 as of September 30, 2025, down from CNY 20,633,139 at the end of 2024[17] - Total liabilities increased to CNY 17,489,796 as of September 30, 2025, compared to CNY 16,624,844 at the end of 2024[18] - The total equity attributable to shareholders decreased to CNY 24,267,764 as of September 30, 2025, from CNY 25,040,254 at the end of 2024[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,801[13] - Basic earnings per share for the quarter was RMB 0.003, an increase of 200.00% year-on-year[7] - Diluted earnings per share for the quarter was also RMB 0.003, reflecting a 200.00% increase compared to the same period last year[7] - The weighted average return on equity for the quarter was 0.126%, an increase of 0.099 percentage points from the previous year[7] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 211,024, an increase from CNY 193,894 in 2024[20]

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份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。 中期業績 TOPSPORTS INTERNATIONAL HOLDINGS LIMITED 滔搏國際控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號：6110) 截至 2025 年 8 月 31 日止六個月 中期業績公告 財務摘要 | | | 未經審核 | | | --- | --- | --- | --- | | | | 截至 8 月 31 日止六個月 | | | | | 2025 年 | 2024 年 | | 收入 | 人民幣百萬元 | 12,298.6 | 13,054.7 | | 毛利 | 人民幣百萬元 | 5,037.4 | 5,362.4 | | 經營利潤 | 人民幣百萬元 | 993.8 | 1,120.9 | | 本公司權益持有人應佔利潤 | 人民幣百萬元 | 789.1 | 873.8 | | 毛利率 | % | 41.0 | 41.1 | | 經營利潤率 | % | 8.1 ...

Stock Options Overview - The company reported a total of 13,920,000 stock options granted as of December 31, 2024, with 3,670,000 options forfeited during the year[4]. - The total number of stock options granted in 2023 was 1,300,000, with no options exercised or forfeited during the year[4]. - The company has a total of 15,220,000 stock options outstanding as of the latest report, with 3,670,000 options forfeited[4]. - As of December 31, 2023, the total number of stock options granted under the stock option plan was 15,220,000, with 900,000 options forfeited during the year[5]. - The total number of unexercised options as of December 31, 2023, was 13,120,000 after accounting for forfeitures[5]. - The total number of options held by employees as of December 31, 2023, was 15,220,000, reflecting a decrease of 900,000 due to forfeitures[5]. - The company had 2,100,000 options granted to directors, with no options exercised or forfeited during the year[5]. Stock Option Details - The exercise price for stock options granted in 2022 was HKD 0.310, with a closing price of HKD 0.31 per share[4]. - The exercise price for options granted in 2022 was HKD 0.310, with the market price at the time of grant being HKD 0.31[5]. - The exercise period for stock options granted in 2017 extends until 2027, with an exercise price of HKD 1.684[4]. - The options granted in 2018 had an exercise price of HKD 0.686, with the market price at the time being HKD 0.66[5]. - The options granted in 2017 had an exercise price of HKD 1.684, with the market price at the time being HKD 1.55[5]. - The options granted in 2022 to employees totaled 6,210,000, with 400,000 options forfeited during the year[5]. Stock Option Plan - The company has a stock option plan that allows eligible participants to accept offers within a 21-day period[3]. - The stock options plan includes a vesting period, with options granted in 2022 vesting by 2024[4]. - The company emphasizes the importance of the stock option plan in attracting and retaining talent[2]. - The company’s board of directors has provided supplementary information regarding the stock option plan in the annual report[2]. Corporate Governance - The company’s board consists of two executive directors and three non-executive directors, along with three independent non-executive directors[6]. - The company reported no changes to other information disclosed in the 2024 annual report apart from the stock option details[5].

Financial Performance - For the first three quarters of 2025, the company reported total operating revenue of RMB 293 billion, an increase of 1.0% year-on-year[5] - Service revenue reached RMB 261.6 billion, reflecting a year-on-year growth of 1.1%[5] - Profit attributable to equity holders was RMB 20 billion, up 5.1% compared to the previous year[5] - The company achieved a pre-tax profit of RMB 24.73 billion for the period[7] User Growth - The mobile user base expanded to 356 million, with a net increase of 12.48 million users[7] - The number of fixed broadband users reached 129 million, with a net increase of 6.79 million users, marking a record high for the same period in recent years[7] Cloud Services - Revenue from cloud services amounted to RMB 52.9 billion, contributing to the overall growth in digital services[7] Assets and Liabilities - Total assets as of September 30, 2025, were RMB 669.9 billion, while total liabilities stood at RMB 299.4 billion[6] Research and Development - Research and development expenses increased by 5.9% year-on-year, enhancing the company's innovation capabilities[8] Strategic Plans - The company plans to deepen its integration strategy and continue advancing its network, technology, and service innovations throughout the year[8]

Financial Performance - Revenue for the first half of the fiscal year 2025 reached HKD 897.1 million, a 4.3% increase compared to the same period in fiscal year 2024[6] - Operating profit before impairment losses was HKD 475.6 million, reflecting an 11.7% increase year-over-year[6] - Net profit for the period was HKD 233.6 million, representing a 37.1% increase compared to the previous year[6] - Total comprehensive income for the period was HKD 233.5 million, compared to HKD 158.5 million in the previous year[15] - The company reported a profit of HKD 233,600 thousand for the six months ended August 31, 2025, compared to HKD 170,361 thousand for the previous period, representing an increase of approximately 37.1%[18] - The group recorded a pre-tax profit of HKD 281.3 million, an increase of 38.4% or HKD 78.1 million compared to the same period last year[80] - The net profit after tax rose by 37.1% or HKD 63.2 million to HKD 233.6 million, with earnings per share increasing from HKD 0.4068 to HKD 0.5578[80] - Revenue for the first half of the fiscal year 2025/26 was HKD 897.1 million, a growth of 4.3% or HKD 36.8 million from HKD 860.3 million in the previous year[81] Customer Loans and Receivables - Total customer loans and receivables amounted to HKD 7.524 billion, a 2.7% increase from February 28, 2025[7] - The total amount of customer loans and receivables as of August 31, 2025, was HKD 7,523,985,000, up from HKD 7,329,378,000 as of February 28, 2025[37] - The company’s customer loans and receivables included restructured loans amounting to HKD 188,170,000 as of August 31, 2025[38] - Total customer loans and receivables grew by 2.7% from February 28, 2025, to August 31, 2025, despite a more conservative marketing strategy[76] Assets and Liabilities - Non-current assets decreased to HKD 1.852 billion from HKD 1.936 billion as of February 28, 2025[16] - Current assets increased to HKD 6.235 billion from HKD 5.933 billion as of February 28, 2025[16] - Current liabilities increased to HKD 2,651,262 thousand as of August 31, 2025, compared to HKD 2,274,343 thousand as of February 28, 2025, reflecting a growth of approximately 16.5%[17] - Total liabilities decreased from HKD 1,342,825 thousand as of February 28, 2025, to HKD 1,056,274 thousand as of August 31, 2025, showing a reduction of about 21.3%[17] - The total amount of other receivables increased to HKD 53,178,000 as of August 31, 2025, compared to HKD 30,072,000 on February 28, 2025, representing a growth of approximately 76.7%[47] Dividends and Shareholder Returns - The company paid dividends totaling HKD 104,691 thousand during the period, compared to HKD 100,504 thousand in the previous period, marking an increase of about 4.3%[19] - The company declared a final dividend of HKD 0.25 per share, totaling HKD 104,691,000 for the fiscal year ending August 31, 2024, compared to HKD 100,504,000 for the previous year[32] - The board declared an interim dividend of HKD 0.25 per share, up from HKD 0.24 per share in the previous year, with a payout ratio of 44.8%[79] Interest Income and Expenses - Interest income increased to HKD 754,456,000 in 2025, up from HKD 734,492,000 in 2024, reflecting a growth of 2.1%[29] - The interest expense for the period was HKD 55,609,000, down from HKD 64,537,000 in the previous year, indicating improved cost management[29] - The average financing cost decreased from 4.1% in the previous year to 3.4% in the first half of the fiscal year 2025/26[82] Operational Efficiency and Strategies - The company plans to enhance customer experience by upgrading credit assessment models and integrating AI tools into backend operations[13] - The company is integrating AI tools into backend operations to improve efficiency and reduce operational costs[94] - The company aims to leverage the potential of the Guangdong-Hong Kong-Macao Greater Bay Area to establish a sustainable growth model for its Shenzhen operations[95] Risk Management - The group has established a risk management framework to address various risks, including credit, operational, market, liquidity, and legal risks[112] - The group employs derivative financial instruments to manage interest rate and foreign currency risks, with no significant changes in market risk management practices[113] - The group has implemented policies and systems to monitor and control credit risk, ensuring appropriate follow-up actions for overdue debts[119] Market Performance - The group’s overall sales for the first half of the fiscal year 2025/26 increased by 4.4% compared to the same period last year, primarily driven by growth in credit card sales[76] - Credit card business accounted for 79.6% of total revenue, up from 77.8% in the previous year, while private loan business accounted for 18.6%, down from 20.5%[91] - Hong Kong business revenue increased by 3.6% to HKD 872.1 million for the first half of FY2025/26, up from HKD 841.9 million in FY2024/25[93] Employee and Management - The total number of employees increased slightly to 598 as of August 31, 2025, from 596 in the previous period[101] - The remuneration for key management personnel increased slightly to HKD 5,474,000 in 2025 from HKD 5,434,000 in 2024, reflecting a growth of 0.7%[67] Corporate Governance - The board of directors has undergone changes, with new appointments and resignations effective June 26, 2025[131] - The company’s management received discretionary bonuses, with amounts such as HKD 600,000 and HKD 340,000 awarded in June 2025[132] - The interim financial results were reviewed by Deloitte, confirming compliance with Hong Kong accounting standards[134]

Stock Options - The total number of stock options available for grant under the stock option plan as of January 1, 2024, and December 31, 2024, is 101,688,167[4] - The total number of shares available for issuance under the stock option plan represents approximately 10.21% of the company's issued shares as of the date of the 2024 annual report[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。 （在香港註冊成立之有限公司） （股份代號：81） 二零二五年第三季度財務及業務回顧 於本季內，本集團於包頭、惠州及唐山合共新購得四塊土地，其應佔權益樓面面 積合計約達 519,300 平方米，需支付權益地價合計約人民幣 18.22 億元。於二零 二五年九月三十日，中海宏洋系列公司持有位於中國內地可建樓面面積共約為 13,267,200 平方米（其中，包括由聯營公司及合營公司持有，本集團應佔權益之 樓面面積約為 11,229,600 平方米）之土地儲備。 1 本集團保持對財務資源專業及穩健之財務管理，並會繼續密切關注外圍經濟形 勢、人民幣匯率波動、行業收併購機會及國家政策變化對業務運作所帶來的影響， 為股東帶來長遠最佳回報。 一般資料 本公告可能包含涉及風險和不確定因素的前瞻性陳述。公司股東及潛在投資者不 應過份依賴公司於本公告日的前瞻性陳述。此前瞻性陳述是基於本集團自有的資 料和其他我們相信可靠來源的資 ...

Stock Options - The total number of stock options available for grant under the stock option plan is 192,000,000 shares, representing 5% of the company's issued share capital as of December 31, 2024[3] - No stock options have been granted since the adoption of the stock option plan[3] Annual Report - The announcement should be read in conjunction with the 2024 annual report, and all other information in the annual report 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佈的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公佈全部或任何部份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。 業績摘要： 1 • 儘管本集團之投資物業及酒店業務表現穩健，本公司擁有人應佔淨虧損由上個財 政年度之 267,700,000港元增加至回顧年度之419,400,000港元。虧損增加之主要 原因為：(i)該等物業項目已將近全數售罄，令其銷售減少；及(ii)於回顧年度內投 資物業錄得公平值虧損，而上個財政年度則錄得投資物業公平值收益。該等增加 之虧損部分被行政費用、其他經營費用及融資成本改善所抵銷。 • 扣除投資物業公平值變動以及其他非現金及非經常性項目之影響，經調整除利 息、稅項、折舊及攤銷前盈利（「經調整EBITDA」）為416,300,000港元，較上個財 政年度減少46.8%，原因是現有項目銷售將近結束且符合預期。 • 租賃組合保持穩健，產生租金收入721,800,000港元，在充滿挑戰之市場環境下， 仍然維持相對穩定的出租率，較上個財政年度上升0.9%，此乃得益於較新落成的 物業的租金增長。 • ...