Core Points - A new company named Xinjiang Bianjiang Ruitong Trade Service Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The company is co-owned by YTO Express (600233) and Xinjiang Bianjiang Hotel Co., Ltd. [1] Company Information - The legal representative of the company is Ma Jingfeng [2] - The company was registered on October 31, 2025, and has an indefinite business duration [2] - The registered address is located at No. 662 Yan'an Road, Tianshan District, Urumqi, Xinjiang [2] Business Scope - The business operations include domestic trade agency, import and export agency, international cargo transportation agency, and domestic cargo transportation agency [1][2] - Additional services encompass technology import and export, customs declaration, inspection services, data processing, cloud computing technology services, and various sales including daily necessities and food products [2]

Core Viewpoint - Jun Gao Holdings (08035) anticipates a significant increase in losses for the six months ending June 30, 2025, projecting a loss attributable to shareholders between approximately HKD 10 million and HKD 11 million, compared to a loss of about HKD 8 million for the same period ending June 30, 2024 [1] Group 1: Financial Performance - The projected loss for the six months ending June 30, 2025, is primarily attributed to a decrease in gross profit from air and sea freight forwarding services [1] - There is also a reduction in gross profit and gross profit margin from logistics and warehousing services [1] Group 2: Positive Developments - Despite the anticipated losses, the company has seen an increase in gross profit from e-commerce fulfillment services [1] - Administrative and selling expenses have decreased, mainly due to reductions in legal and professional fees, as well as lower salaries and allowances [1]

Group 1 - The company expects a loss attributable to shareholders of approximately HKD 10 million to HKD 11 million for the six months ending June 30, 2025, compared to a loss of approximately HKD 8 million for the six months ending June 30, 2024 [1] - The anticipated loss for the period ending June 30, 2025, is primarily due to a decrease in gross profit from air and sea freight forwarding services, as well as a reduction in gross profit and gross profit margin from logistics and warehousing services [1] - Despite the above challenges, the company has seen an increase in gross profit from e-commerce fulfillment services and a reduction in administrative and selling expenses, mainly due to decreased legal and professional fees, as well as lower salaries and allowances [1]