（於香港註冊成立之有限公司） 股份代號: 193 2025 年 報 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 主席報告書 | 3 | | 董事簡介 | 10 | | 企業管治報告 | 12 | | 環境、社會及管治報告 | 19 | | 董事會報告書 | 39 | | 獨立核數師報告書 | 44 | | 綜合損益及其他全面收益表 | 49 | | 綜合財務狀況表 | 50 | | 綜合權益變動表 | 52 | | 綜合現金流量表 | 53 | | 綜合財務報表附註 | 55 | | 財務概要 | 119 | | 主要物業 | 120 | 1 冠中地產有限公司 二零二五年年報 目錄 公司資料 董事會 執行董事 蕭麗娜 （主席） 朱年耀 （行政總裁） 湛永揚 法定代表 朱年耀 湛永揚 審核委員會 洪嘉禧 （主席） 楊偉雄（於二零二五年四月十一日獲委任） 黃廣發 楊志偉（於二零二五年一月二十四日辭任） 陳樹仁（於二零二五年五月九日辭任） 薪酬委員會 楊偉雄 （主席） （於二零二五年四月十一日獲委任） 洪嘉禧 黃廣發 朱年耀 楊志偉（於二零二五年一月二十四日辭任） 陳樹仁（於二 ...

廣駿集團控股有限公司 Grand Talents Group Holdings Limited (於開曼群島註冊成立的有限公司) (Incorporated In The Cayman Islands With Limited Liability) Stock Code 股份代號: 8516 INTERIM 2025 Grand Talents Group Holdings Limited 中期報告 廣駿集團控股有限公司 GE M has been posit ioned as a ma rket designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should ma ...

香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其 他 在 聯 交 所 上 市 的 公 司 帶 有 較 高 投 資 風 險。有 意 投 資 的 人 士 應 了 解 投 資於該等公司的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由 於GEM上 市 公 司 一 般 為 中 小 型 公 司，在GEM買賣的證券可能會較於 主 板 買 賣 之 證 券 承 受 較 大 的 市 場 波 動 風 險，同 時 無 法 保 證 在GEM買 賣 的證券會有高流通量的市場。 香 港 交 易 及 結 算 所 有 限 公 司 及 聯 交 所 對 本 報 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 報 告 全 部 或任何部分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。 本 報 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 舍 圖 控 股 有 限 公 司（「 ...

Financial Performance - For the six months ended September 30, 2025, the revenue was approximately HKD 6,100,000, a decrease of about 31.0% compared to HKD 8,800,000 for the same period in 2024[4] - The loss for the six months ended September 30, 2025, was approximately HKD 2,700,000, compared to a loss of HKD 5,500,000 in 2024[4] - The basic loss per share for the six months ended September 30, 2025, was approximately HKD 1.99, compared to HKD 3.94 in 2024[4] - The company reported a total comprehensive loss of HKD 2,744,000 for the six months ended September 30, 2025, compared to HKD 5,454,000 in 2024[6] - The company reported a net loss of HKD 2,744,000 for the six months ended September 30, 2025, compared to a loss of HKD 5,106,000 for the same period in 2024, indicating an improvement in performance[14][23] Cash Flow and Liquidity - The net cash outflow from operating activities for the six months ended September 30, 2025, was HKD 2,426,000, compared to HKD 11,800,000 in 2024[9] - The cash and cash equivalents increased by HKD 67,000 for the six months ended September 30, 2025, compared to a decrease of HKD 12,247,000 in 2024[9] - The company has engaged in discussions with lenders for loan agreement extensions to alleviate financial pressure[14] - The major shareholder has agreed to provide financial support if necessary, ensuring the company can meet its financial obligations[14] - The company is focusing on cost control measures to enhance operational efficiency and improve cash flow[14] Revenue Streams - Revenue from OTT services was HKD 6,081,000 for the six months ended September 30, 2025, down 30.9% from HKD 8,812,000 in 2024[16] - Other income increased to HKD 522,000 in 2025 from HKD 38,000 in 2024, reflecting a significant rise in non-OTT revenue streams[18] - The number of active subscribers increased by over 3,000 in the past six months, contributing to a more stable revenue stream[30] - The company is exploring the production of over 50 short dramas to cater to the emerging "fast consumption culture" and enhance user engagement[30] - The company aims to expand into event management, leveraging existing media and entertainment assets to create additional revenue opportunities[31] Shareholder Information - As of September 30, 2025, the company's issued share capital is 129,447,897 shares[41] - Major shareholder Lu Yujian holds 22,376,000 shares, representing 17.29% of the total issued shares[41] - Major shareholder Zheng Zhiheng holds 8,628,500 shares, representing 6.67% of the total issued shares[41] - Major shareholder Chen Cuiping holds 6,472,500 shares, representing 5.00% of the total issued shares[41] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors[45] - The company has adopted the corporate governance code as per GEM Listing Rules and has complied without significant deviations during the period[46] - All directors confirmed compliance with the trading guidelines for securities transactions as of September 30, 2025[47] Dividends - The company did not recommend any interim dividend for the six months ended September 30, 2025, consistent with 2024[4] - No dividends were proposed for the six months ended September 30, 2025, consistent with the previous year[22] - The board did not recommend the payment of dividends for the six months ended September 30, 2025[39] Assets and Liabilities - Trade receivables increased to HKD 2,242,000 as of September 30, 2025, from HKD 1,897,000 as of March 31, 2025[7] - The total liabilities as of September 30, 2025, were HKD 72,812,000, compared to HKD 70,068,000 as of March 31, 2025[7] - Non-current assets decreased to HKD 457,000 as of September 30, 2025, from HKD 575,000 as of March 31, 2025[7] - Trade payables increased to HKD 39,833,000 as of September 30, 2025, compared to HKD 37,709,000 as of March 31, 2025, suggesting rising operational liabilities[26] - The company has no significant asset pledges or contingent liabilities as of September 30, 2025[38] Securities Transactions - The company did not issue any equity securities for cash during the six months ended September 30, 2025[33] - No purchases, sales, or redemptions of the company's listed securities occurred during the review period[48] Public Disclosure - The announcement will be available on the Hong Kong Stock Exchange website and the company's website for at least seven days[50]

Financial Performance - For the fiscal year ending July 31, 2025, the group's revenue decreased by approximately 0.7% to about SGD 12,229,000 from SGD 12,315,000 for the previous year[9]. - Gross profit fell by approximately 32.5% to about SGD 2,036,000 from SGD 3,016,000 in the prior year, primarily due to increased resource allocation to corporate development and training services[9]. - The group recorded a net loss of approximately SGD 1,130,000 for the fiscal year ending July 31, 2025, compared to a loss of about SGD 3,270,000 in the previous year, mainly due to fair value changes in financial assets[9]. - Revenue from manpower outsourcing services decreased from approximately SGD 12,257,000 to about SGD 8,881,000, with a significant decline in the hotel and resort sector by about 21.3%[13]. - Revenue from corporate development and training services contributed approximately SGD 3,287,000, marking a new revenue stream for the group[10]. - The manpower recruitment service revenue slightly increased to about SGD 61,000 from SGD 58,000, driven by higher demand for foreign labor[14]. - Other income decreased by approximately SGD 261,000 or 49.1% from SGD 532,000 for the year ended July 31, 2024, to approximately SGD 271,000 for the year ended July 31, 2025[17]. - The net other income and losses increased significantly to approximately SGD 1,612,000 for the year ended July 31, 2025, compared to approximately SGD 108,000 for the year ended July 31, 2024[18]. - Administrative expenses decreased by approximately SGD 378,000 from SGD 4,424,000 for the year ended July 31, 2024, to approximately SGD 4,046,000 for the year ended July 31, 2025[19]. - Other operating expenses increased by approximately SGD 248,000 from SGD 258,000 for the year ended July 31, 2024, to approximately SGD 506,000 for the year ended July 31, 2025[20]. - Financing costs decreased by approximately SGD 111,000 or 55.8% from SGD 199,000 for the year ended July 31, 2024, to SGD 88,000 for the year ended July 31, 2025[21]. - The company's loss for the year ended July 31, 2025, was approximately SGD 1,130,000, a reduction from a loss of approximately SGD 3,270,000 for the year ended July 31, 2024[22]. - The total assets as of July 31, 2025, were approximately SGD 7,473,000, compared to SGD 7,270,000 as of July 31, 2024, with a total liabilities of approximately SGD 5,681,000[26]. - Cash and cash equivalents decreased by approximately SGD 3,513,000 from SGD 4,154,000 as of July 31, 2024, to approximately SGD 641,000 as of July 31, 2025[27]. Business Strategy and Development - The group expanded its service offerings by launching corporate development and training services in Hong Kong during the fiscal year[8]. - The group continues to focus on developing business opportunities with existing and potential clients in Singapore and Hong Kong[8]. - The company is reviewing its business strategy to explore opportunities for expanding the types of manpower solutions offered[8]. - The company aims to deepen relationships with existing clients and explore new business opportunities to enhance market competitiveness and shareholder value[50]. Corporate Governance - The company has adopted a code of conduct for directors' securities trading, ensuring compliance with GEM Listing Rules[63]. - The board is responsible for the overall management of the group, focusing on strategic direction and enhancing shareholder value[64]. - The company aims to maintain high levels of corporate governance to foster accountability and integrity, ensuring sustainable business development[61]. - The current structure of the board, with sufficient independent non-executive directors, ensures a balance of power and responsibilities between the board and management[62]. - The board has a commitment to reviewing and monitoring compliance with legal and regulatory requirements[64]. - The company has established policies and practices for corporate governance based on the GEM Listing Rules[61]. - The board consists of four directors, including one executive director and three independent non-executive directors[68]. - The company held seven board meetings during the fiscal year ending July 31, 2025[72]. - All independent non-executive directors confirmed their independence according to GEM Listing Rules[69]. - The board is committed to maintaining a balanced composition to ensure strong independent judgment[67]. - The company has established internal policies to ensure independent viewpoints are obtained for board decisions[71]. - The board's effectiveness in governance policies was reviewed and deemed satisfactory[66]. - The company’s annual general meeting is scheduled for December 30, 2024[72]. - The nomination committee evaluates the independence of all independent non-executive directors annually[70]. - Directors are required to abstain from voting on transactions where they have a significant interest[76]. - The board has mechanisms in place to ensure timely access to information and independent professional advice[70]. - The board of directors has established a diversity policy, considering factors such as gender, age, cultural background, and professional experience to enhance governance and performance[78]. - As of July 31, 2025, the board consists of four members, including one female director, demonstrating a commitment to gender diversity[78]. - The audit committee, formed on June 20, 2016, consists of three independent non-executive directors and has reviewed the consolidated financial statements for the year ending July 31, 2025, ensuring compliance with applicable accounting standards[83]. - The audit committee held three meetings during the year ending July 31, 2025, with all members attending all meetings[84]. - The remuneration committee, also established on June 20, 2016, includes three independent non-executive directors and one executive director, focusing on the remuneration policies for directors and senior management[86]. - All directors participated in training courses or seminars to enhance their knowledge and skills, ensuring compliance with GEM listing rules and corporate governance standards[79]. - The company actively seeks to increase the proportion of female board members as part of its long-term strategy for gender diversity[78]. - The board members are required to retire at least once every three years, with one-third of the board up for re-election at each annual general meeting[77]. - The company provides formal, comprehensive, and tailored induction training for new directors to ensure they understand the business and their responsibilities[79]. - The audit committee has not encountered any disagreements with the board regarding the selection and appointment of external auditors[85]. - The remuneration committee held two meetings during the year ending July 31, 2025, to consider and approve the compensation of directors and senior management[87]. - The company reviewed its financial statements for the half-year and full-year, focusing on compliance with accounting standards and GEM listing rules[88]. - The remuneration of senior management members (excluding directors) for the year ending July 31, 2025, is detailed in the financial statements, with 1 individual earning up to HKD 1,000,000, 2 individuals earning between HKD 1,000,001 and HKD 2,000,000, and 2 individuals earning above HKD 2,000,001[101]. - The nomination committee, established on June 20, 2016, consists of three independent non-executive directors and two executive directors as of July 31, 2025[91]. - The nomination committee held two meetings during the year ending July 31, 2025, to consider and approve various matters related to board composition[92]. - The company has adopted a three-tier risk management approach to identify, assess, mitigate, and manage risks[102]. - The board is responsible for evaluating the nature and extent of risks the company is willing to take to achieve its strategic objectives[102]. - The company ensures that its risk management and internal control systems are appropriate and effective to avoid significant misstatements or losses[102]. - The nomination committee evaluates candidates based on qualifications, skills, experience, and diversity to enhance the current board's capabilities[99]. - The company regularly reviews and reassesses its nomination policy and its effectiveness[100]. - The company has engaged an independent internal control consultant to review its internal control system annually, with the next review scheduled for the fiscal year ending July 31, 2025[103]. - The external auditor, Long Cheng (Hong Kong) CPA Limited, received audit fees of SGD 90,431 for the fiscal year ending July 31, 2025, with no non-audit services provided[105]. - The board has adopted a dividend policy that balances shareholder expectations with prudent capital management, with no predetermined payout ratio currently in place[108]. - The company has a zero-tolerance policy towards bribery and corruption, with no confirmed public legal cases related to such issues for the fiscal year ending July 31, 2025[111]. - The company secretary, Ms. Tan Zhi Xin, has completed over 15 hours of relevant professional training as required by GEM Listing Rules by the fiscal year ending July 31, 2025[113]. - The company ensures compliance with the Securities and Futures Ordinance and GEM Listing Rules regarding the handling and disclosure of inside information[104]. - The board will review the need for an internal audit department annually, considering the effectiveness of the current internal control and risk management systems[103]. - The company provides channels for employees and clients to report any suspicious cases related to corruption, ensuring a commitment to ethical business practices[110]. - The company communicates with shareholders through annual general meetings and regular updates via quarterly, semi-annual, and annual reports[116]. - The company has no significant uncertainties regarding its ability to continue as a going concern as of the fiscal year ending July 31, 2025[107]. - The company has maintained effective communication with investors, reviewing the implementation of its shareholder communication policy for the year ending July 31, 2025, and found it effective[121]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to integrating environmental measures into its operations, focusing on energy conservation, waste reduction, and greenhouse gas emission reduction[126]. - The company has established an Environmental, Social, and Governance (ESG) working group led by department heads to promote sustainable business practices and monitor ESG-related data[123]. - The ESG report covers the company's operations in Singapore from August 1, 2024, to July 31, 2025, focusing on human resource outsourcing and recruitment services as the primary revenue sources[129]. - The company emphasizes the importance of stakeholder engagement in managing ESG issues and has conducted a survey to identify key ESG aspects[128]. - The company has set social goals that include respecting employee rights, promoting equal opportunities, and ensuring employee health and safety[126]. - The company is committed to providing a safe and healthy environment for employees and supporting local communities[128]. - The ESG report has been prepared in accordance with the Hong Kong Stock Exchange GEM Listing Rules, ensuring compliance with mandatory key performance indicators (KPIs)[130]. - The company regularly assesses the implementation progress of its ESG goals and makes necessary adjustments if progress is below expectations[128]. - The board of directors is responsible for overseeing the company's governance and overall ESG management approach, ensuring effective risk management and internal control systems[122]. - The company reported a total greenhouse gas emissions of 12.45 tons of CO2 equivalent for the fiscal year 2024/25, with a density of 0.19 tons of CO2 equivalent per employee[141]. - The company consumed 20,490 kWh of electricity and 30,000 sheets of paper during the reporting year[141]. - The total amount of non-hazardous waste generated was 0.08 tons, with a density of 1.21 kg per employee for the fiscal year 2024/25[142]. - The company has implemented occupational health and safety measures to monitor and continuously improve safety levels[138]. - The company has established clear policies to ensure compliance with laws regarding the prevention of child labor and forced labor[138]. - The company aims to maintain electricity consumption at past levels while increasing the proportion of clean energy in purchased electricity[141]. - The company has not reported any non-compliance incidents with environmental laws during the reporting year[139]. - The company encourages employees to use double-sided printing and has set up recycling points for glass, aluminum cans, metals, and plastics[144]. - The company is committed to responsible resource usage and has implemented various measures to promote energy efficiency[146]. - The company has no significant direct greenhouse gas emissions and aims to minimize its operational environmental impact[139]. - Total indirect energy consumption for the fiscal year 2024/25 is 73.76 GJ, resulting in an energy density of 1.12 GJ per employee[150]. - Total water consumption for the fiscal year 2024/25 is 46.9 cubic meters, with a density of 0.71 cubic meters per employee[152]. - The company aims to maintain energy and water consumption levels similar to previous years while implementing various conservation measures[149][151]. - The company has not reported any significant direct or major impacts on the environment and natural resources from its business activities[154]. - The company is committed to reducing greenhouse gas emissions through comprehensive environmental protection measures[156]. - The company has implemented a data privacy protection policy in compliance with personal data protection laws, ensuring sensitive data is handled with care[180]. - The company encourages employee participation in community activities, although such activities were limited due to the pandemic[185]. - The company is committed to sustainable business practices while fulfilling social responsibilities and conserving resources[186]. - The company regularly evaluates the quality and pricing of services from its suppliers, ensuring reliability and reputation[177]. - A data protection officer has been appointed to oversee compliance with data protection regulations and training for staff[182]. - The company will continue to publish environmental, social, and governance reports to monitor and review its performance[186]. - The company reported a total of 1,000 tons of hazardous waste generated, with a density of 0.5 tons per production unit[189]. - The total energy consumption was 500,000 kilowatt-hours, with a density of 0.2 kilowatt-hours per production unit[189]. - The company aims to reduce greenhouse gas emissions by 20% over the next five years[189]. - The total water consumption was 200,000 liters, with a density of 0.1 liters per production unit[189]. - The employee turnover rate was reported at 5% for the year, with a breakdown by gender and age group provided[192]. - The company has implemented occupational health and safety measures, resulting in zero fatalities over the past three years[192]. - The number of suppliers was reported at 150, with a focus on managing environmental and social risks[194]. - The percentage of products recalled due to safety and health reasons was 0.1% of total products sold[194]. Employee and Community Engagement - Total employee count is 66, with 27 males and 39 females[166]. - Employee turnover rate is 30%, with 55% for males and 0% for females[169]. - 65% of employees received training, with an average training duration of 2.7 hours per employee[175]. - The company has not recorded any work-related fatalities or serious injuries in the past three years[171]. - 43% of senior management received training, while 90% of general staff participated in training[175]. - The company provides health insurance covering outpatient and dental check-ups for all full-time employees[170]. - The company encourages work-life balance by implementing a five-day work week and various family-oriented employment measures[164]. - The company has a policy against workplace discrimination and harassment, ensuring equal opportunities for all employees[165]. - 114 hours of training were provided in total during the reporting year[173]. - The company has implemented ergonomic office equipment to enhance occupational health[170]. - The company has a zero-tolerance policy towards forced labor and child labor, with no serious violations reported during the fiscal year[176]. - The company actively engages in community investment by hiring local residents to support the local labor market[184]. - Customer feedback is taken seriously, with no complaints regarding service quality reported during the fiscal year[178]. - No confirmed legal cases related to bribery, extortion, fraud, or money laundering were reported during the fiscal year[183].

截至二零二五年九月三十日止六個月 中期業績 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。 * 本人謹此報告截至二零二五年九月三十日止上半年度本集團未經審核業績概 要。 （股 份 代 號：88） 截至二零二五年九月三十日止六個月 | （未 | 經 | 審 | 核） | 截至 | 截至 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 30/9/2025 | 30/9/2024 | 止六個月 | 止六個月 | | | | | | | | | | | | 附 | 註 | 港幣百萬元 | 港幣百萬元 | | | | ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 3,840,414, a decrease of 3.4% compared to HKD 3,977,617 for the same period in 2024[3] - Gross profit for the same period was HKD 893,886, representing a gross margin of 23.3%, down from 23.6% in 2024[3] - Profit attributable to owners of the company surged by 114.3% to HKD 144,875, compared to HKD 67,619 in the previous year[3] - Adjusted profit attributable to owners increased by 25.7% to HKD 244,935, up from HKD 194,810 in 2024[3] - Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 12.9% to HKD 572,363, compared to HKD 507,071 in the prior year[3] - Basic and diluted earnings per share increased to HKD 11.8 from HKD 5.5 in the previous year[3] - The company declared an interim dividend of HKD 5.7 per share, up from HKD 2.5 in 2024[3] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 8,479,184, a decrease from HKD 8,894,096 as of March 31, 2025[9] - As of September 30, 2025, total liabilities amounted to HKD 5,514,189, a decrease from HKD 5,730,181 as of March 31, 2025, representing a reduction of approximately 3.8%[10] - Non-current liabilities were reported at HKD 3,873,212, slightly up from HKD 3,803,586, indicating an increase of about 1.8%[10] - Current liabilities decreased to HKD 1,640,977 from HKD 1,926,595, reflecting a decline of approximately 14.8%[10] - The company’s total equity and liabilities stood at HKD 8,479,184, down from HKD 8,894,096, showing a decrease of around 4.7%[10] - The company’s borrowings decreased from HKD 663,198 to HKD 533,513, a reduction of approximately 19.6%[10] Revenue by Segment - The company operates in four segments: intimate apparel, sports products, consumer electronics accessories, and cups and other accessory products[18] - Revenue from the United States for the six months ended September 30, 2025, was HKD 1,531,392,000, down from HKD 1,739,774,000 in 2024, a decrease of approximately 12%[26] - Revenue from China for the same period was HKD 715,466,000, down from HKD 858,482,000 in 2024, representing a decline of about 16.6%[26] - The lingerie segment generated revenue of approximately HKD 2,099.2 million, accounting for 54.7% of total revenue, with a gross margin of 24.2%[52] - The sports products segment saw a revenue increase of 13.4% year-on-year, reaching approximately HKD 1,505.2 million, representing 39.2% of total revenue[53] - The consumer electronics accessories segment reported revenue of approximately HKD 112.1 million, accounting for 2.9% of total revenue[54] Costs and Expenses - Research and development costs for the six months ended September 30, 2024, were HKD 154,092,000, compared to HKD 143,250,000 in 2023, showing an increase of about 7.5%[23] - The company incurred financial costs of HKD 173,568,000 for the six months ended September 30, 2024, up from HKD 120,901,000 in 2023, an increase of approximately 43.6%[23] - The group incurred restructuring costs of approximately HKD 100,060,000 for the six months ended September 30, 2025, compared to HKD 127,191,000 in 2024[6] - Selling costs decreased from approximately HKD 3,039.6 million in the first half of FY2025 to approximately HKD 2,946.5 million in the first half of FY2026, maintaining a stable percentage of 76.7% of total revenue[66][65] - General and administrative expenses decreased from approximately HKD 324.3 million in the first half of FY2025 to approximately HKD 304.0 million in the first half of FY2026, with a percentage of total revenue dropping from 8.2% to 7.9%[71] - R&D costs decreased from approximately HKD 154.1 million in the first half of FY2025 to approximately HKD 143.3 million in the first half of FY2026, maintaining a stable percentage of 3.9% and 3.7% of total revenue respectively[72] Corporate Governance - The board emphasizes adherence to corporate governance principles, establishing five committees to ensure effective management and transparency[100] - The company has adhered to all corporate governance principles as of September 30, 2025, ensuring compliance with the listing rules[101] - The board consists of five executive directors and three independent non-executive directors, maintaining a high level of independence[102] - The audit committee, composed of three independent non-executive directors, is responsible for overseeing financial and accounting policies[104] - The independent auditor has reviewed the interim financial results in accordance with the relevant standards[105] Future Outlook and Strategy - The company anticipates market uncertainties due to tariff policies affecting consumer purchasing power, with impacts expected to gradually emerge by the end of 2025[91] - The company has implemented a dual-track strategy focusing on production optimization and technological innovation, enhancing production efficiency through standardization and automation[92] - The company aims to expand its Bonding functional apparel business from the premium market to the affordable-premium market, leveraging insights into brand needs and emphasizing commercial outcomes[93] - Cost reduction measures have shown initial success, with the Vietnam facility performing well in cost control and efficiency improvements, while the Chinese facility continues optimization efforts[94] - The company is committed to achieving net-zero emissions by 2050, with short-term and long-term greenhouse gas reduction targets officially recognized by the Science Based Targets initiative (SBTi)[95]

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 分 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。 DYNAM JAPAN HOLDINGS Co., Ltd. （於日本註冊成立的有限公司） （股份代號：06889） 截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 概 要 附 註： 以 上 增 減 百 分 比 指 日 圓 金 額 而 非 已 折 算 港 元 的 金 額 的 變 動。 DYNAM JAPAN HOLDINGS Co., Ltd（. 「本 公 司」）董 事（「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 九 月 三 十 日 止 六 個 月 的 中 期 業 績。業 績 已 由 本 公 ...

Revenue Performance - For the six months ended September 30, 2025, the total revenue reached RMB 358.1 million, representing an 8.7% year-over-year increase[6]. - Revenue from the big data platform and solutions segment was RMB 153.2 million, up 14.6% compared to RMB 133.7 million in the same period last year[6]. - The health management platform and solutions segment saw a significant growth of 30.3%, with revenue increasing to RMB 66.7 million from RMB 51.2 million[6]. - Revenue for the reporting period reached RMB 138.3 million, a decrease of 4.4% year-on-year[20]. - Revenue increased by 8.7% from RMB 329.4 million for the six months ended September 30, 2024, to RMB 358.1 million for the six months ended September 30, 2025, driven by growth in the big data platform and health management solutions segments[32]. - Revenue from the big data platform and solutions segment rose by 14.6% from RMB 133.7 million to RMB 153.2 million, benefiting from expanded business opportunities due to policy support[32]. - Revenue from the health management platform and solutions segment surged by 30.3% from RMB 51.1 million to RMB 66.6 million, primarily due to changes in the product mix[32]. - Customer contract revenue for the six months ended September 30, 2025, was RMB 358,105 thousand, an increase of 8.3% compared to RMB 329,448 thousand for the same period in 2024[68]. Profitability and Loss - Gross profit for the period was RMB 134.0 million, reflecting a 14.2% increase from RMB 117.4 million in the previous year[6]. - Gross profit increased from RMB 117.4 million to RMB 134.0 million, with gross margin improving from 35.6% to 37.4%[34]. - Operating loss narrowed to RMB 15.7 million, a 71.0% improvement from a loss of RMB 54.3 million in the same period last year[6]. - Period loss reduced by 72.0% from RMB 56.4 million to RMB 15.8 million[41]. - Net loss for the period was RMB 15,760 thousand, a substantial reduction from RMB 56,362 thousand in the previous year[68]. - The company reported a basic and diluted loss per share of RMB 0.01 for the six months ended September 30, 2025, compared to RMB 0.04 in the same period of 2024[69]. Cash Flow and Financial Management - The net cash outflow from operating activities decreased by 56.0% year-over-year, indicating improved cash management[8]. - Cash and cash equivalents decreased from RMB 3,309.1 million to RMB 2,099.3 million as of September 30, 2025[42]. - Other income for the six months was RMB 80,916 thousand, slightly down from RMB 82,937 thousand in 2024[68]. - Total operating expenses, including cost of sales, sales and marketing expenses, administrative expenses, and R&D expenses, amounted to RMB 442,731,000 for the six months ended September 30, 2025, slightly up from RMB 435,455,000 in 2024[84]. User Engagement and Market Reach - The active user base on the health management platform exceeded 22 million, with over 615,000 participants in the "Shenzhen Hui Min Bao" insurance program[10]. - The "Shenzhen Huiminbao" program reached over 6.15 million participants, a historical high, with cumulative claims exceeding 390,000[24]. - Active users on the health management platform exceeded 22 million as of September 30, 2025[27]. Research and Development - The company has focused on breakthroughs in AI model development for the medical vertical, investing in a medical large language model with 70 billion parameters, trained on over 500 billion high-quality tokens[12]. - The AI-driven patient recruitment agent based on medical record understanding has significantly improved the efficiency of clinical trial recommendations and data utilization[14]. - The company has developed a lightweight application model that closely matches the performance of larger parameter models, reducing hardware computational requirements[12]. - The company has established a solid partnership network with key medical institutions and research organizations, enhancing its "AI + Medical Insurance" capabilities[21]. Awards and Recognition - The company has been recognized with industry awards, including first prize in the medical health track at the "Data Element X" competition and the best paper award at the CHIP 2025 conference[13]. Corporate Governance and Future Plans - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules during the reporting period[55]. - The board of directors does not recommend the distribution of an interim dividend for the six months ended September 30, 2025[67]. - The company has no major investments or capital asset plans for the future as of September 30, 2025[46].

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依賴該等內 容而引致的任何損失承擔任何責任。 CAFÉ DE CORAL HOLDINGS LIMITED 大 家 樂 集 團 有 限 公 司* ( 於百慕達註冊成立之有限公司 ) 網址: www.cafedecoral.com （股份代號：341） 中期業績公告 截至二零二五年九月三十日止六個月 撮要 * 僅供識別 # 定義見本公告 - 1 - ◆ 二零二五／二六年度上半年，集團收入減少5.4%至4,036.2百萬 港元。集團於回顧期內之經調整EBITDA#減少29.4%至242.9百 萬港元，股東應佔溢利減少67.6%至46.7百萬港元。 ◆ 集團的業務在市場結構性轉型下面對較大挑戰。香港居民外遊消 費常態化及入境旅客消費疲弱，令傳統銷售高峰期的客流量明顯 下降，銷售表現更趨波動，導致集團的業務及盈利受壓。 ◆ 集團採取的多元化業務組合策略，在艱難的經濟環境下展現其抗 逆能力。集團旗下休閒餐飲業務以及機構飲食業務單位，憑藉其 精簡的營運模式及穩 ...