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].

Financial Performance - Yonghe Medical Group reported revenue of RMB 1,688.9 million for the year ended December 31, 2023, with a net loss of RMB 463.1 million[4]. - For the year ending December 31, 2024, Yonghe Medical Group expects revenue to increase to RMB 1,725.9 million, with a projected net loss of RMB 167.3 million[4]. - Chengdu Yonghe reported revenue of RMB 76.8 million for the year ended December 31, 2023, with a net loss of RMB 4.1 million[4]. - For the year ending December 31, 2024, Chengdu Yonghe's revenue is expected to decrease slightly to RMB 75.4 million, with a projected net loss of RMB 2.6 million[4]. Variable Interest Entities - The company has established control over variable interest entities through Beijing Haiyouyou, allowing it to decide on the economic benefits generated[3]. - The service fees from the variable interest entities will be equivalent to the distributable net profits for the specific audited financial year, after deducting any past losses and statutory reserves[3]. Treasury Shares and Capital Management - Yonghe Medical Group plans to utilize treasury shares for various purposes, including employee share schemes and sales, depending on market conditions[5]. - The company emphasizes the importance of capital management in its decision-making regarding treasury shares[5]. Corporate Governance - The board of directors includes key executives such as Chairman Zhang Yu and Executive Directors Zhang Hui and Han Zhi Mei[7]. - The announcement is part of the supplementary information to the annual report for the year ending December 31, 2024, and should be read in conjunction with the annual report[2].

（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]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 193,652,000, an increase of 8.2% compared to HKD 178,204,000 for the same period in 2024[3] - Gross profit for the same period was HKD 75,282,000, down 21.7% from HKD 96,171,000 in 2024[3] - The company reported a net loss of HKD 3,441,000 for the six months ended September 30, 2025, compared to a profit of HKD 47,143,000 in 2024[4] - Total comprehensive income for the period was HKD 7,080,000, a decrease of 69.6% from HKD 23,241,000 in the previous year[4] - Basic loss per share for the period was HKD (0.44), compared to earnings per share of HKD 6.18 in the previous year[4] - The company reported a pre-tax profit of HKD 2,748,000, slightly down from HKD 2,842,000, indicating a decrease of 3.3%[29] - Total income tax expense for the six months was HKD 12,186,000, down 35.5% from HKD 18,998,000 in the previous year[31] - The company reported a loss attributable to shareholders of HKD 3,375,000 for the six months ended September 30, 2025, compared to a profit of HKD 47,334,000 for the same period in 2024[40] Assets and Liabilities - Non-current assets increased to HKD 411,492,000 as of September 30, 2025, compared to HKD 376,429,000 as of March 31, 2025[5] - Current assets totaled HKD 296,283,000, up from HKD 266,894,000 as of March 31, 2025[5] - Total liabilities increased to HKD 370,472,000 as of September 30, 2025, compared to HKD 325,184,000 as of March 31, 2025[6] - The company's equity attributable to owners was HKD 248,921,000, up from HKD 241,947,000[6] - Total assets as of September 30, 2025, amounted to HKD 707,775,000, compared to HKD 643,323,000 as of March 31, 2025[20] - Total liabilities increased to HKD 460,052,000 as of September 30, 2025, from HKD 402,680,000 as of March 31, 2025[20] - As of September 30, 2025, the company reported current liabilities of approximately HKD 370,472,000, an increase from HKD 325,184,000 as of March 31, 2025[84] - The company's asset-liability ratio is approximately 1.31, compared to 1.12 as of March 31, 2025[85] Business Segments - The company operates in three main business segments: coal mining and sales, renewable energy solutions, and information technology services[8] - Revenue from coal mining business reached HKD 191,690,000 for the six months ended September 30, 2025, an increase of 10.2% from HKD 173,906,000 in the same period of 2024[18] - The renewable energy segment generated revenue of HKD 1,962,000, a 8.2% increase from HKD 1,814,000 in the previous year[18] - The technology services segment reported a loss of HKD 30,000, with total revenue of HKD 2,484,000[19] - The information technology services business reported no revenue, a decrease of approximately HKD 2,484,000 or 100% compared to HKD 2,484,000 in the previous year, due to ongoing economic challenges[50] Cash Flow and Investments - The company's cash and cash equivalents increased to HKD 282,336,000 from HKD 248,219,000[5] - The company invested HKD 15,395,000 in property, plant, and equipment during the reporting period[18] - The company has a total of HKD 16,233,000 in receivables as of September 30, 2025, compared to HKD 8,169,000 as of March 31, 2025, indicating a significant increase in receivables[41] - The company has pledged mining rights valued at approximately HKD 86,071,000 as of September 30, 2025[87] Operational Changes and Strategies - The company has implemented strict cost control measures in response to a significant decline in demand for IT services, including scaling down operations and terminating loss-making business lines[46] - The company has decided to further reduce the scale of its IT services business, including staff reductions and operational cost cuts, to optimize its business portfolio[46] - The company plans to focus on consolidating and expanding its core coal mining business, which remains the main driver for sustainable growth and value creation[81] - The company anticipates reasonable capital expenditures for new facilities and machinery, primarily funded by coal sales revenue and external bank financing[83] - The company has maintained a policy of limited resource allocation in its information technology services business due to a challenging operating environment[82] Governance and Compliance - The company has not adopted any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on its financial performance or position[11] - The financial information is prepared in accordance with the applicable disclosure provisions of the Hong Kong Stock Exchange[9] - The financial data is unaudited but has been reviewed by the audit committee and external auditors[10] - The company has adopted the "Standard Code of Conduct for Securities Transactions by Directors" as per Appendix C3 of the Listing Rules[95] - The Audit Committee consists of three independent non-executive directors, ensuring compliance with accounting principles and discussing interim financial data[96] - The board of directors includes four executive directors and three independent non-executive directors, ensuring a diverse governance structure[99] Future Outlook - The company plans to increase coal production capacity from 900,000 tons per year to 4,000,000 tons by the fiscal year 2024/25, maintaining the mining area at approximately 4.112 square kilometers[79] - The company is committed to sustainable development and compliance with local regulations, ensuring a solid foundation for future operations[79] - The company has no significant investments or acquisitions planned for the future as of September 30, 2025[83]

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。 ALLIANCE INTERNATIONAL EDUCATION LEASING HOLDINGS LIMITED 友聯國際教育租賃控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1563） 截至二零二五年九月三十日止六個月 中期業績公告 財務摘要 – 1 – • 截至二零二五年九月三十日止六個月，收益約為人民幣372.7百萬元，較截至二零 二四年九月三十日止六個月的收益約人民幣334.7百萬元。 • 截至二零二五年九月三十日止六個月，期內溢利約為人民幣102.7百萬元，較截至 二零二四年九月三十日止六個月的期內溢利約人民幣129.1百萬元。 • 於二零二五年九月三十日，總資產約為人民幣4,078.0百萬元，較於二零二五年三 月三十一日的約人民幣3,775.0百萬元增加約8.0%。 • 於二零二五年九月三十日，股東權益總額約為人民幣2,993.5百萬元，較於二零二 五年三月三十一日的約人民幣 ...

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 佈 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 截至二零二五年九月三十日止六個月 SOUTHEAST ASIA PROPERTIES & FINANCE LIMITED 華信地產財務有限公司 （於香港註冊成立之有限公司） （股份代號：252） 截至二零二五年九月三十日止六個月 中期業績公告 中期業績 華 信 地 產 財 務 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（「本集團」）截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月（「本報告期間」） 未 經 審 核 之 簡 明 綜 合 財 務 報 告，連 同 二 零 二 四 年 同 期（「上一個報告期間」）之 比 較 數 字 如 下： – 1 – 簡明綜合損益表 | 截至九月三十日止六個月 | 二零二五 ...

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。 Lai Group Holding Company Limited 禮建德集團控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8455） 截至二零二五年九月三十日止六個月之 中期業績公告 禮建德集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此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的未經審核綜合業績（「中期業績」）。本公告載有本公司二零二五年中 期報告全文，符合香港聯合交易所有限公司（「聯交所」）GEM證券上市規則（「GEM上市規則」）有關中 期業績初步公告附載之相關資料要求。 承董事會命 禮建德集團控股有限公司 主席兼執行董事 汪國平 香港，二零二五年十一月二十日 於本公告日期，董事會包括執行董事汪國平先生及陳禮善博士；非執行董事劉利輝女士；及獨立非 執行董事鍾少權博士、馬鈺菲女士及孫偉玲女士。 本公告的資料乃遵照GEM上市規則而刊載，旨在提供有關本公司的資 ...

Revenue and Profitability - Revenue for the first half of the year increased by 0.5% to HKD 3,554,000,000 compared to the same period last year[3] - Profit attributable to shareholders increased by 38.6% to HKD 36,200,000, with basic earnings per share rising to HKD 3.57 from HKD 2.86[3][9] - The group recorded a profit for the period of HKD 100.5 million, compared to HKD 81.7 million in the previous year, with basic earnings per share increasing to HKD 3.57 from HKD 2.86[20][21] - Basic earnings per share increased to HKD 3.57 in 2025 from HKD 2.86 in 2024, reflecting a growth of 25.0%[36] Dividends - The company declared an interim dividend of HKD 1.8 per share, with a payout ratio of 50.4%[9] - The company declared an interim dividend of HKD 0.018 per share, totaling approximately HKD 16,245,000, compared to HKD 13,732,000 for the previous year[60] Sales Performance - Sales in Asia and Europe increased by HKD 78,700,000 and HKD 10,700,000 respectively, while sales in North and South America decreased by HKD 73,000,000[4] - The electronics and audio business revenue rose by 7.5% to HKD 811,700,000, despite a gross margin decline to 40.9%[12] - The battery segment reported revenue of HKD 2,532,287,000, a decrease of 1.6% compared to HKD 2,573,128,000 in the previous year[28] - The charging battery segment achieved revenue of HKD 209,975,000, slightly up from HKD 207,119,000, indicating a growth of 0.9%[28] Financial Position - The group's net current assets improved significantly to HKD 62 million from a net current liability of HKD 159.4 million as of March 31, 2025, resulting in a current ratio of 1.02[14][19] - The company's net assets increased to HKD 2,200,960,000 as of September 30, 2025, compared to HKD 2,138,073,000 as of March 31, 2025, marking a growth of 2.9%[22] - Total non-current assets rose to HKD 3,851,839,000 from HKD 3,761,805,000, an increase of 2.4%[22] - The company's cash and cash equivalents decreased to HKD 1,099,078,000 from HKD 1,202,263,000, a decline of 8.6%[22] Costs and Expenses - Gross margin decreased by 150 basis points to 27.9% due to the impact of U.S. tariffs and increased price competition[3] - Financial costs decreased by 26.7% to HKD 85,900,000 due to lower borrowing rates[9] - Total finance costs decreased to HKD 85,940,000 in 2025 from HKD 117,175,000 in 2024, a reduction of 26.5%[32] - Pre-tax profit for the six months ended September 30, 2025, was impacted by depreciation of property, plant, and equipment amounting to HKD 98,918,000, slightly down from HKD 101,511,000 in 2024[33] Investments and Assets - The group invested approximately HKD 84,837,000 in properties, plants, and equipment in the first half of the year, compared to HKD 109,432,000 in the same period last year[42] - The group recognized right-of-use assets of HKD 12,678,000 and lease liabilities of HKD 12,635,000 for new lease agreements in the first half of the year, down from HKD 16,110,000 in the same period last year[43] - The fair value of investment properties increased to HKD 435,649,000 as of September 30, 2025, from HKD 418,246,000 at the end of March 2025[39] Debt and Liabilities - The group's bank loan net amount increased by HKD 83.8 million to HKD 2.1877 billion, with a debt-to-equity ratio of 0.99 as of September 30, 2025[18] - Total liabilities decreased to HKD 5,563,083,000 from HKD 5,581,694,000, a reduction of 0.3%[22] - Unsecured short-term bank loans and commercial credit amounted to HKD 1,151,853,000 as of September 30, 2025, down from HKD 1,503,249,000 as of March 31, 2025[47] Corporate Governance - The company has complied with the corporate governance code, although the roles of Chairman and CEO are held by the same individual, which the board believes does not impair the balance of power[63] - Following the passing of an independent non-executive director, the company appointed a new independent non-executive director, ensuring compliance with the minimum number of independent directors required[64] - The audit committee, consisting of 5 independent non-executive directors and 1 non-executive director, has reviewed the company's unaudited condensed consolidated financial statements for the first half of the year[65] Miscellaneous - The group plans to accelerate the divestment of non-core assets, including vacant land and idle factories in China, to strengthen its net asset position and achieve deleveraging goals[16] - The group is focusing on product development and global sales channel expansion, particularly through partnerships with leading retailers and experience centers in major cities[15] - The first mass production line for advanced nickel-zinc batteries is expected to commence operations by December 31, 2025, to meet the growing demand from AI and data center industries[15]