2025 中期業績報告 INTERIM REPORT 2025 中期業績報告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，該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 者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上市公司普遍為中小型公司，故在GEM買賣的證券可能會較於聯交所主板買賣之證券承受較高的市場波動風險，同 時無法保證在GEM買賣的證券將會有高流通量的市場。 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報告的內容概不負責，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的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）之規定而提供有關熒德控股有限公司（「本公司」，連同其附屬公司為 「本集團」）之資料，董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後，確認就彼等所深知及確信，本報告 所載資料在所有重大方面均屬準確及完備，並無誤導或欺詐成份，且本報告並無遺漏任何其他事項致使本報告 ...

Financial Performance - The group reported a net loss of approximately HKD 2.0 million for the six months ended September 30, 2025, compared to a net loss of HKD 7.5 million for the same period in 2024, representing a 73.33% improvement[3]. - Basic loss per share for the six months ended September 30, 2025, was HKD 0.36, a decrease from HKD 1.35 for the same period in 2024, indicating a 73.33% reduction in loss per share[3]. - Total revenue for the six months ended September 30, 2025, was HKD 25.023 million, down from HKD 36.237 million in the previous year, reflecting a decline of 30.93%[3]. - The group incurred a gross loss of HKD 2.413 million for the six months ended September 30, 2025, compared to a gross profit of HKD 2.175 million in the same period of 2024[3]. - The company reported a net cash outflow from operating activities of HKD (9,959,000) for the six months ended September 30, 2025, compared to HKD (8,860,000) in the same period of 2024[8]. - The company reported a total loss attributable to owners of approximately HKD 7.5 million for the six months ended September 30, 2024, and a projected loss of about HKD 2.0 million for the six months ending September 30, 2025[35]. Assets and Liabilities - The total assets as of September 30, 2025, were HKD 116.967 million, slightly up from HKD 116.931 million as of March 31, 2025[4]. - The net asset value decreased to HKD 107.617 million as of September 30, 2025, from HKD 109.614 million as of March 31, 2025[5]. - The total liabilities as of September 30, 2025, were HKD 9.926 million, compared to HKD 8.009 million as of March 31, 2025, indicating an increase of 23.96%[4]. - The group’s cash and cash equivalents decreased to HKD 1.557 million as of September 30, 2025, from HKD 11.516 million as of March 31, 2025[4]. - As of September 30, 2025, the current ratio was approximately 11.78, down from 14.60 on March 31, 2025, indicating a decrease in liquidity[37]. - The asset-to-liability ratio was approximately 0.47% as of September 30, 2025, down from 1.12% on March 31, 2025, reflecting a stable financial position[37]. Revenue Sources - For the six months ended September 30, 2025, the company's revenue from red wine was HKD 21,833,000, a decrease of 24% compared to HKD 28,710,000 in the same period of 2024[13]. - All revenue for the company is derived from sales and distribution of quality wine and spirits in Hong Kong[14]. - The group's revenue decreased by 31.0% to approximately HKD 25.0 million for the six months ended September 30, 2025, compared to HKD 36.2 million for the same period in 2024[29]. Expenses - The company incurred total employee costs of HKD 2,427,000 for the six months ended September 30, 2025, a decrease from HKD 2,991,000 in the same period of 2024[17]. - Promotional, sales, and distribution expenses decreased by approximately 33.1% to about HKD 2.3 million for the six months ended September 30, 2025, down from HKD 3.4 million for the same period in 2024[31]. - Administrative expenses decreased by approximately 38.5% to about HKD 1.9 million for the six months ended September 30, 2025, compared to HKD 3.1 million for the same period in 2024[31]. - Depreciation of property, plant, and equipment increased by approximately 41.6% to about HKD 194,000 for the six months ended September 30, 2025, from HKD 137,000 for the same period in 2024[32]. - Financing costs increased to approximately HKD 27,000 for the six months ended September 30, 2025, from zero for the same period in 2024[33]. Dividends - The group did not recommend the payment of an interim dividend for the six months ended September 30, 2025[2]. - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2025, consistent with the previous year[18]. - The board of directors did not recommend the payment of an interim dividend for the six months ending September 30, 2025, consistent with the previous period[36]. Inventory and Receivables - The group reported a significant increase in inventory to HKD 59.900 million as of September 30, 2025, compared to HKD 31.467 million as of March 31, 2025, representing an increase of 90.00%[4]. - Trade receivables as of September 30, 2025, totaled HKD 6,192,000, a decrease from HKD 7,939,000 as of March 31, 2025[20]. - Trade payables as of September 30, 2025, amounted to HKD 3,321,000, down from HKD 3,874,000 as of March 31, 2025[21]. Employment and Governance - The company had 15 full-time employees as of September 30, 2025, unchanged from March 31, 2025[40]. - The company has confirmed that all directors have complied with the securities trading standards as of September 30, 2025[50]. - The company has maintained compliance with corporate governance standards, with a noted deviation regarding the separation of roles of the chairman and CEO[51]. - There are no significant contracts in which the company's directors have a substantial interest as of September 30, 2025[48]. Market Conditions and Future Outlook - The retail sales value in Hong Kong increased by 5.9% year-on-year to HKD 31.3 billion for September 2025[26]. - The group aims to enhance sales and expand marketing channels to address challenges in the Hong Kong retail market[27]. - The group remains confident in its position as a major retailer of quality wine in Hong Kong, driven by ongoing demand in the region[28]. - The overall business environment remains unstable and challenging due to various global and local factors[27]. Audit and Compliance - The audit committee is responsible for reviewing the group's financial systems and has not yet reviewed the interim financial information as of September 30, 2025[56]. - The interim results announcement will be published on the company's website and the Hong Kong Stock Exchange website, with the interim report expected to be sent to shareholders around November 28, 2025[57]. Shareholder Information - Major shareholders included Mr. Zhang Jun Tao, holding 298,092,515 shares (53.77%), and Ms. Lian Shu Xuan, holding 1,856,667 shares (0.33%) as of September 30, 2025[42]. - As of September 30, 2025, the company has not granted any stock options under the stock option plan, with a total of 33,260,000 options available for issuance, representing 6.0% of the total issued shares[46]. - The company and its subsidiaries did not purchase, sell, or redeem any of the company's securities during the six months ending September 30, 2025[47]. - There are no significant investments held by the group as of September 30, 2025, and no other major investment or capital asset plans[53]. Risk Management - The group has adopted a prudent treasury policy to mitigate credit risk through continuous credit assessments of customer financial conditions[54]. - The group does not have any significant foreign exchange contracts, interest, currency swaps, or other financial derivatives as of September 30, 2025, and considers foreign exchange risk to be minimal[55]. - The group had no significant lease or capital commitments as of September 30, 2025[38]. - There were no significant contingent liabilities reported as of September 30, 2025[39].

（於開曼群島註冊成立之有限公司） （股份代號：8206） 中 期 業 績 公 佈 截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM的 特 色 GEM的 定 位 乃 為 相 比 起 其 他 在 聯 交 所 上 市 的 公 司 帶 有 較 高 投 資 風 險 的 中 小 型 公 司 提 供 一 個 上 市 的 市 場。有 意 投 資 人 士 應 瞭 解 投 資 該 等 公 司 的 潛 在 風 險，並 應 經 過 審 慎 周 詳 考 慮 後 方 作 出 投 資 決 定。GEM的 較 高 風 險 及 其 他 特 色 表 示GEM較 適 合 專 業 及 其 他 資 深 投 資 者。 由 於GEM上 市 公 司 普 遍 為 中 小 型 公 司，在GEM買 賣 的 證 券 可 能 會 較 於 主 板 買 賣 的 證 券 容 易 受 到 市 場 波 動 的 影 響。在GEM買 賣 的 證 券 亦 不 保 證 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 公 佈 之 內 容 概 不 ...

香港交易及結算所有限公司及聯交所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 或因依賴該等內容而引致的任何損失承擔任何責任。 IMS Group Holdings Limited 英馬斯集團控股有限公司 (股份代號：8136） （於開曼群島註冊成立之有限公司） 截至二零二五年九月三十日止六個月的 中期業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較其他於聯交所上市的中小型公司帶有較高投資風險的公司提供一個 上市的市場。有意投資者應了解投資於該等公司的潛在風險，並應經過審慎周詳 考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，於GEM買賣的證券可能會較於聯交所主板 買賣的證券承受較高的市場波動風險，同時無法保證於GEM買賣的證券會有高流 通量的市場。 本公告乃遵照香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）的 規定提供有關英馬斯集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」 或「我們」）的資料，本公司各董事（「董事」）願就本公告共同及個別承擔全部責任。 董事經作出一切合理查詢後確認 ...

Financial Performance - For the three months ended September 30, 2025, the company reported revenue of $531.6 million, representing a year-over-year increase of 27.6% and a quarter-over-quarter increase of 6.6%[4] - The adjusted net profit for the same period was $24.1 million, a significant increase of 126.0% year-over-year, indicating continuous improvement in core business profitability[5] - The programmatic advertising platform Mintegral generated revenue of $507.8 million, accounting for 95.5% of total revenue, with a year-over-year growth of 26.2%[4] - The non-programmatic advertising business recorded revenue of $19.2 million, showing a remarkable year-over-year increase of 93.5%[5] - The marketing technology segment achieved revenue of $4.5 million, reflecting a year-over-year growth of 12.8%[5] - The revenue from the gaming category increased by 30.5% year-over-year, while the non-gaming category saw a growth of 14.5%[5] - The adjusted EBITDA for the third quarter was $47.0 million, marking a year-over-year increase of 37.3%[5] - The advertising technology business's net income for the quarter was $131.5 million, up from $105.4 million in the same period last year[8] - In Q3 2025, Mintegral's total revenue reached $507.8 million, a year-over-year increase of 26.2%[15] - Game category revenue was $384.2 million, accounting for 75.7% of total revenue, with a year-over-year growth of 30.5%[14] - Non-game category revenue was $123.6 million, representing 24.3% of total revenue, with a year-over-year growth of 14.5%[14] Costs and Expenses - Sales cost increased by 28.0% to $420.5 million, primarily due to rising traffic and server costs in the advertising technology business[16] - Gross profit was $111.0 million, a 26.4% increase year-over-year, with a gross margin of 20.9%[18] - Sales and marketing expenses rose by 25.3% to $20.9 million, driven by increased bidding fees[20] - Research and development expenses increased by 1.1% to $46.4 million[22] Profitability and Loss - The company reported a net loss of $54.5 million, compared to a profit of $8.8 million in the same period last year[24] - Adjusted EBITDA was $47.0 million, reflecting a year-over-year growth of 37.3%[24] - Operating profit was $28.9 million, with a significant increase of 138.3% year-over-year, representing 5.4% of total revenue[27] - Revenue for the three months ended September 30, 2025, was $531.565 million, a 27.6% increase from $416.457 million in the same period of 2024[29] - Gross profit for the nine months ended September 30, 2025, was $312.144 million, up 42.5% from $219.046 million in the prior year[29] - Operating profit for the three months ended September 30, 2025, was $28.896 million, compared to $12.125 million in the same period of 2024, representing a 138.5% increase[29] - The company reported a net loss of $54.533 million for the three months ended September 30, 2025, compared to a profit of $8.843 million in the same period of 2024[30] Research and Development - Research and development expenses for the nine months ended September 30, 2025, were $133.636 million, an increase of 23% from $108.634 million in 2024[29] Assets and Liabilities - Total assets as of September 30, 2025, were $582.495 million, up from $504.206 million at the end of 2024[31] - The company’s cash and cash equivalents were $167.025 million as of September 30, 2025, slightly down from $167.817 million at the end of 2024[31] - The net asset value increased to $229.879 million as of September 30, 2025, compared to $222.320 million at the end of 2024[32] - The company’s total liabilities increased to $640.517 million as of September 30, 2025, from $581.326 million at the end of 2024[31] Earnings Per Share - The company’s diluted earnings per share for the three months ended September 30, 2025, was $(3.54), compared to $0.64 in the same period of 2024[29] Product Development - The company has launched four new AI-driven products since May 2023, enhancing its advertising effectiveness and return on ad spend (ROAS) for advertisers[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（「聯交所」）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。 壹照明集團控股有限公司 E Lighting Group Holdings Limited （於開曼群島註冊成立之有限公司） 股份代號：8222 截至二零二五年九月三十日止六個月之中期業績公告 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主板上市的 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上市公司普遍為中小型公司，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。 — 1 — 壹照明集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二五年九月三十日止六個月之未經審核中期綜合財務業績（「中期業 績」）。本公告載列本公司截至二零二五年九月三十日止六個月之中期 ...

Financial Performance - The group's revenue for the six months ended September 30, 2025, slightly increased by 0.3% to approximately HKD 127.1 million from HKD 126.7 million for the same period in 2024[12]. - The net profit for the period was approximately HKD 3.7 million, a significant recovery from a net loss of HKD 13.0 million in the previous year[12]. - Revenue from restaurant operations for the six months ended September 30, 2025, was HKD 127,051,000, slightly up from HKD 126,707,000 in 2024, indicating a growth of approximately 0.27%[25]. - The company reported a total comprehensive income of HKD 3,677,000 for the six months ended September 30, 2025, compared to a total comprehensive loss of HKD 12,973,000 in the same period of 2024[16]. - The company's earnings per share for the six months ended September 30, 2025, was HKD 3,677, compared to a loss of HKD 12,973 for the same period in 2024, marking a significant recovery[28]. Cost Management - The gross profit margin improved, with gross profit rising to HKD 80.2 million compared to HKD 73.2 million in the prior period, reflecting a better cost management strategy[13]. - The company reported a decrease in the cost of goods sold, which fell to HKD 46.9 million from HKD 53.5 million, indicating improved operational efficiency[13]. - The company is focusing on cost control measures, as evidenced by reduced employee costs from HKD 39.9 million to HKD 37.2 million[13]. - The company incurred a cost of goods sold of HKD 46,898,000 for the six months ended September 30, 2025, down from HKD 53,512,000 in 2024, which is a decrease of approximately 12.3%[27]. - Employee costs decreased by approximately HKD 2.7 million or 6.8% to approximately HKD 37.2 million, mainly due to the closure of a restaurant[43]. Assets and Liabilities - Total current assets increased to HKD 35.5 million as of September 30, 2025, compared to HKD 32.0 million as of March 31, 2025[14]. - The total liabilities decreased from HKD 54.1 million to HKD 46.6 million, showing a reduction in financial obligations[15]. - The net asset value increased to HKD 14.6 million from HKD 10.9 million, indicating a stronger financial position[15]. - As of September 30, 2025, the current ratio was 1.2, indicating improved liquidity compared to 0.6 as of March 31, 2025[52]. - The group had no major capital commitments or contingent liabilities as of September 30, 2025[60][61]. Cash Flow - The net cash generated from operating activities for the six months ended September 30, 2025, was HKD 18,941,000, compared to HKD 18,592,000 in 2024, reflecting an increase of about 1.87%[17]. - The company experienced a decrease in financing cash outflows, which amounted to HKD 17,397,000 for the six months ended September 30, 2025, down from HKD 19,476,000 in 2024, representing a reduction of approximately 10.6%[17]. - The total cash and cash equivalents at the end of the period increased to HKD 18,305,000 from HKD 26,544,000 in the previous year, showing a decrease of about 30.9%[17]. - Cash and cash equivalents as of September 30, 2025, were approximately HKD 18.3 million, up from HKD 17.5 million as of March 31, 2025[52]. Operational Developments - The company operates 11 restaurants in Hong Kong, offering a variety of cuisines, including Japanese and Western dishes[38]. - The company has renewed leases for existing restaurant properties in West Kowloon and Causeway Bay during the reporting period[37]. - The company plans to open a new restaurant under the "Shokudo Wara" brand, offering seasonal Japanese set meals[37]. - The group plans to continue expanding its restaurant network and enhancing its marketing efforts to strengthen brand awareness[53]. Shareholder Information - The issued share capital remained unchanged since the listing on GEM on April 16, 2018, with 1,000,000,000 shares as of September 30, 2025[55]. - Major shareholders, including Future More, collectively hold 750,000,000 shares, representing 75% of the issued share capital[67]. - Future More has a total of 1,000,000,000 issued shares as of September 30, 2025, with the following ownership percentages: Mr. Kwan 14%, Ms. Yip 18%, Ms. Kwan 18%, Mr. Kwan 25%, and Ms. Kwan 25%[70]. - The total number of stock options available for grant under the stock option plan is 100,000,000 as of both April 1, 2025, and September 30, 2025, with no options granted since the plan's adoption[71]. Dividend Policy - The company decided not to declare an interim dividend for the period, consistent with the previous year[12]. - The board decided not to declare an interim dividend for the six months ending September 30, 2025[62]. Audit and Compliance - The audit committee, composed of independent non-executive directors, has reviewed the unaudited consolidated results for the six months ended September 30, 2025, and confirmed compliance with applicable accounting standards[80]. - No significant events affecting the group occurred after September 30, 2025, up to the report date[81].

Yonghe Medical Group Co., Ltd. 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。 雍禾醫療集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2279） 關於截至2024年12月31日止年度的年度報告的補充公告 茲提述雍禾醫療集團有限公司（「本公司」）於2025年4月29日所刊發的截至2024年 12月31日止年度的年度報告（「2024年年報」）。除文中另有界定外，本公告使用的 詞彙與2024年年報所界定者具有相同涵義。本公告為2024年年報提供補充資料， 並應與2024年年報一併閱讀。 合約安排 除2024年年報所提供的資料外，本公司謹根據香港聯合交易所有限公司證券上市 規則（「上市規則」）第14A.71(4)條提供有關合約安排的以下額外資料。 合約安排分別適用於雍禾投資及成都雍禾的30%及10%股權。因此，本公司已通 過北京海游友取得對可變利益實體的控制權，且本公司可全權酌情決定收取可變 利益實體所產生的絕大部 ...

（於開曼群島註冊成立的有限責任公司） （股份代號：9896） 內幕消息 截至2025年9月30日止三個月及九個月的 未經審計財務業績 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.09條及《證券及期 貨條例》（第571章）第XIVA部刊發。 名創優品集團控股有限公司（「名創優品」或「本公司」）欣然公佈本公司及其附屬 公司截至2025年9月30日止三個月及九個月的未經審計簡明綜合業績。 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。 MINISO Group Holding Limited 名創優品集團控股有限公司 本公司欣然公佈根據美國證券交易委員會（「美國證監會」）的適用規則刊發的本公 司及其附屬公司截至2025年9月30日止三個月及九個月的未經審計簡明綜合業績。 本文附表一為本公司於2025年11月21日（美國東部時間）刊發的有關截至2025年9 月30日止三個月及九個月的未經審計財務業績新聞稿全文，其中部分內容可能構 成本公司的重大 ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 554,336,000, an increase of 5.1% compared to HKD 527,309,000 for the same period in 2024[3] - Gross profit decreased to HKD 64,638,000, down 21.2% from HKD 81,986,000 year-on-year[3] - Net profit for the period was HKD 1,211,274,000, a significant increase of 1,166.5% compared to HKD 95,656,000 in the previous year[3] - Total comprehensive income for the period reached HKD 1,234,680,000, compared to HKD 161,481,000 in the same period last year[4] - Basic earnings per share rose to 131.3 HKD cents, up from 10.5 HKD cents year-on-year[4] - The segment profit for display and other services decreased significantly to HKD 3,348,000 from HKD 29,366,000, reflecting a decline of 88.6%[11] - The net foreign exchange loss was HKD 11,430,000, compared to a loss of HKD 6,683,000 in the previous year, indicating a worsening of 70.5%[15] - Interest income rose to HKD 8,956,000, up 98.9% from HKD 4,503,000 in 2024[11] - The company reported a significant increase in fair value gains on financial assets, amounting to HKD 1,342,157,000 compared to HKD 17,211,000 in the previous year[11] - The profit attributable to equity shareholders significantly increased to HKD 1,218,100,000, which includes a fair value gain of HKD 1,180,000,000 on financial assets measured at fair value through profit or loss[35] Assets and Liabilities - Non-current assets increased to HKD 4,903,194,000 as of September 30, 2025, compared to HKD 3,352,015,000 as of March 31, 2025[5] - Cash and cash equivalents decreased to HKD 286,042,000 from HKD 525,183,000 in the previous period[5] - The company reported a significant increase in deferred tax liabilities, rising to HKD 398,749,000 from HKD 272,357,000[6] - Trade receivables as of September 30, 2025, amounted to HKD 212,855,000, with overdue receivables totaling HKD 55,722,000, up from HKD 48,997,000 as of March 31, 2025[13] - Trade payables as of September 30, 2025, totaled HKD 142,735,000, an increase from HKD 119,776,000 as of March 31, 2025[32] - As of September 30, 2025, the current ratio was 2.0, and the debt-to-equity ratio was 0.5%, indicating a stable financial position[52] Investments - The group holds a 28.08% stake in Suzhou Qingyue, which is currently under investigation by the China Securities Regulatory Commission for alleged false disclosures[25] - The board has decided to reduce the group's involvement in Suzhou Qingyue due to the ongoing investigation[27] - The group made strategic investments in several non-listed companies, with a total fair value of HKD 290,500,000 as of September 30, 2025[29] - The group recognized a fair value gain of HKD 25,769,000 from its investment in Muxi Integrated Circuit (Shanghai) Co., Ltd. during the reporting period[29] - The group’s investment in a limited partnership in China amounted to HKD 56,569,000, with a fair value gain of HKD 24,282,000 recognized during the reporting period[30] - The company holds 117,442,410 shares of Nantong Jianghai, with a fair value of approximately HKD 3,900,000,000 as of September 30, 2025[38] - The carrying value of the company's investment in Suzhou Qingyue is HKD 293,768,000 as of September 30, 2025[60] - The company reported a loss of HKD 17,700,000 from its investment in Suzhou Qingyue, with the value of its holdings at HKD 1,300,000,000 as of September 30, 2025[39] Strategic Initiatives - The company strategically expanded its product portfolio to enter the automotive sector, laying the foundation for future business growth[36] - The AI computing and related business achieved significant milestones, including the launch of "Fengshou No. 1," a domestic GPU cluster that has been operational for over six months[37] - The company plans to enhance its market share in engineering machinery, medical equipment, and commercial appliances, while strategically entering the automotive display market[51] Governance and Compliance - The company has maintained its accounting policies consistent with those used in the previous financial year[8] - The audit committee has reviewed the accounting principles and practices adopted by the group for the six months ending September 30, 2025[65] - The company is closely monitoring an ongoing investigation by the China Securities Regulatory Commission regarding Suzhou Qingyue's financial reporting[61] - The board consists of both executive and independent non-executive directors, ensuring a diverse governance structure[68] Shareholder Returns - The company declared a final dividend of HKD 0.05 per share, totaling HKD 46,665,000, slightly down from HKD 47,141,000 in the previous year[19] - The board has decided not to recommend an interim dividend for the six months ending September 30, 2025[57] - The company has adopted a restricted share incentive plan allowing for the issuance of up to 101,115,517 shares, equivalent to 10% of the shares issued as of the plan's adoption date[55] - As of September 30, 2025, there are 71,061,517 shares available for future grants under the share incentive plan and 91,531,200 shares under the stock option plan[56] Capital Expenditures - The group spent HKD 117,097,000 on property, plant, and equipment, compared to HKD 106,645,000 in the previous six months, primarily for large electronic equipment used in providing additional services[23] - Capital expenditures amounted to HKD 117,100,000, primarily for the acquisition of AI computing power and related equipment[47]