Financial Performance - Net revenues reached RMB 1,129 million, a 49% year-over-year increase[11] - Gross profit was RMB 353 million, with a year-over-year growth of 71%[8,9] - Non-GAAP operating profit amounted to RMB 188 million, showing a 124% year-over-year increase[8,10] - Gross margin steadily improved, reaching 31.2% in 2025 Q3[38,120] Capital Resources - Total capital resources stood at RMB 15.4 billion[11] - Cash and cash equivalents amounted to RMB 3.5 billion[11] - Operating cash flow generated was USD 501 million[14] Shareholder Value - Total capital returned to shareholders since IPO reached RMB 0.4 billion, with 66% in the form of share repurchases[17] Business Growth - International business experienced significant growth, outperforming the industry average, with a 72% year-over-year increase in revenues from international business[7,34,35] - The company achieved a moderate recovery in its Mainland China business[7]

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，並明確表示概不會就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。 HANG SANG (SIU PO) INTERNATIONAL HOLDING COMPANY LIMITED 建議更改公司名稱 及建議採納新組織章程大綱及細則 成立一間合資公司及業務最新進展 Hang Sang (Siu Po) International Holding Company Limited （「本公司」）董事會（「董事會」）欣然宣佈， 於二零二五年十月三十日（交易時段後），East Nova Limited（「East Nova」，本公司全資附屬公司）與 Coty Holding Ltd（「Coty」）訂立協議（「合資協議」），於阿拉伯聯合酋長國（「阿聯酋」）成立一間合資公 司，於合資公司訂約雙方將予協定之地區從事品牌電子煙設備之分銷。 合資協議之主要條款 資本承擔 合資公司將於阿拉伯聯合酋長國成立（「商業合資公司」），於合資公司訂約雙方將予協定之地區從事 品牌電子煙設備之分銷。於該合資公 ...

RLX TECH First Quarter 2025 Earnings Presentation Contents Financial Highlights Performance Highlights Appendix Operational Highlights RLX TECH Contents Performance Highlights Financial Highlights Revenues Gross Profit Non-GAAP Operating Expenses Profitability Capital Resources Operational Highlights Product Portfolio Domestic Products International Products Regulation and Compliance Appendix Key Ratios Income Statements Balance Sheets Statements of Cash Flows E-cigarettes Product Overview Vaping Myths and ...