Financial Data and Key Metrics Changes - FY 2025 revenue was RMB 220.9 million, or $31.6 million, a decrease of 21.6% compared to FY 2024 due to cyclical fluctuations and soft demand [11] - FY 2025 cost of revenue was RMB 204.9 million, or $29.3 million, an increase of 56.1%, impacted by impairment charges [12] - FY 2025 net loss was RMB 52 million, or $7.4 million, compared to a net income of RMB 51.5 million in FY 2024 [14] - As of December 31, 2025, cash position was $67.8 million, with total assets of $145.2 million and total liabilities of $6.2 million [14] Business Line Data and Key Metrics Changes - Altcoin mining hardware and Ethereum accumulation and staking activities are the core pillars of the business, with mining machine sales being the primary revenue source [4] - The launch of new mining products, including Aleo and Dogecoin miners, contributed to increased revenues in the first half of 2025, but demand softened in the second half [11][12] - The introduction of the XTM miners accounted for a significant portion of Q4 net revenues, reinforcing market competency [7] Market Data and Key Metrics Changes - The company operates in a market heavily influenced by cyclical volatility, impacting net revenue for FY 2025 [4] - ETH experienced significant price swings in 2025, driven by macroeconomic uncertainty and evolving institutional participation [8] - As of December 31, 2025, the company held 8,822 ETH, increasing from 5,702 a year ago, representing a growth of 56% [9] Company Strategy and Development Direction - The company plans to focus on continued investment in R&D, development and sale of Goldshell mining machines, and ETH accumulation and staking activities for 2026 and beyond [16] - Cost optimization initiatives, including workforce reduction, are expected to enhance efficiency and improve financial performance [18] - The company aims to generate incremental returns from idle assets through a dual platform staking approach [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the cyclical nature of the industry and the impact of market volatility on operations [4][8] - The long-term conviction in the Ethereum ecosystem remains unchanged, with ETH being a core digital asset in the company's treasury strategy [8] - Management does not expect regulatory changes in Mainland China to have a material adverse impact on the business [15] Other Important Information - The company has expanded into the blockchain infrastructure service sector, aiming to generate synergies across business lines [22] - The acquisition of the Goldshell Stake platform allows the company to provide cryptocurrency staking services for individual and institutional investors [10] Q&A Session Summary Question: Will new mining products be launched in the second half of 2026? - Yes, the company is targeting new altcoin mining machines in the second half, subject to market conditions and R&D progress [25] Question: Regarding Goldshell Stake, are the staked ETH from new users or did they come over with the acquisition? - The staked ETH includes both prior and new users, with growth in ETH units occurring post-acquisition [26]

Core Viewpoint - Hyper Bit Technologies Ltd. is set to present at the ArcStone-Kingswood Growth Summit 2025, aiming to enhance its visibility and investor relationships in the altcoin mining sector [1][6]. Group 1: Event Details - The ArcStone-Kingswood Growth Summit 2025 will take place on September 18th, 2025, in Toronto, Canada, featuring corporate presentations, panel discussions, and structured investor meetings [2]. - Dallas La Porta, President & CEO of Hyper Bit, will present the company's growth story and recent milestones, including the deployment of ElphaPex DG1+ miners and plans for next-generation ElphaPex DG2 mining rigs [3][5]. Group 2: Company Positioning - Hyper Bit Technologies aims to establish itself as a leading player in altcoin mining and treasury management, focusing on strengthening its presence in U.S. and Canadian capital markets [6]. - The company is recognized as one of North America's first publicly listed altcoin-focused mining companies, reflecting its strategic positioning in the digital asset sector [5][8]. Group 3: Company Overview - Hyper Bit Technologies specializes in the acquisition, development, and strategic deployment of crypto mining operations and blockchain innovations, responding to the growing interest in digital assets [8]. - The company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association, indicating its commitment to the crypto ecosystem [8].