本集团已收购及正在收购的比特币矿机在当前网路状况下产出的比特币每日总产量估计可达到约1.71枚 比特币。根据本集团目前的内部估计及当前的比特币网络状况，从后续收购事项中收购的4000台额外比 特币矿机预期对应的指示性每日总产量约为0.81枚比特币，视乎网络难度、比特币价格、正常运行时间 及其他营运状况而定。从后续收购事项收购的额外比特币矿机自2025年12月12日起投入运作并开始生产 比特币。自2025年11月起，本集团亦已大致完成其阿曼及巴拉圭矿场的现有比特币矿机部署工作。从比 特大陆收购的阿曼及巴拉圭的比特币矿机已分别自2025年11月13日及2025年11月14日起投入运作并生产 比特币。于完成及全面部署2995台比特币矿机后，该2995台比特币矿机在当前网络状况下的指示性每日 总产出估计约为0.45枚比特币。此外，待完成向Evergreen Wealth Investment Limited收购2200台比特币 矿机(详情载于本公司日期为2025年9月15日及28日的公告及本公司日期为2025年12月3日的通函)后，该 2200台比特币矿机在当前网络状况下的指示性每日总产出估计约为0.45枚比特币。 ...

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的任何損失承擔任何責任。 DL HOLDINGS GROUP LIMITED 德林控股集團有限公司 2 自願公告 有關比特幣挖礦業務的 最新發展 本公告由德林控股集團有限公司（「本公司」，連同附屬公司統稱為「本集團」）自願刊 發，旨在向本公司股東及潛在投資者通報本集團的最新業務發展情況。 本公司董事會（「董事會」）欣然向其股東及市場更新有關其比特幣挖礦業務的最新進 展。本公司透過在美國、阿曼及巴拉圭的選定海外礦場部署高效挖礦硬件，繼續積 極發展及擴展機構級比特幣挖礦業務。 除了大致完成向比特大陸收購2,995台總哈希率約為1.060 EH/s的比特幣礦機及正 在進行向Evergreen Wealth Investment Limited收購2,200台總哈希率約為1.040 EH/s 的比特幣礦機外，本集團另向三家獨立於本公司及其關連人士（定義見上市規則） 且與彼等概無關連的第三方供應商收購合共4,000台Antminer S2 ...

Core Viewpoint - Derlin Holdings (01709) experienced a significant decline in stock price, dropping nearly 15% in the afternoon trading session, with a current price of 2.15 HKD and a trading volume of 220 million HKD [1] Group 1: Stock Performance - Derlin Holdings' stock fell by 13.31% as of the latest report, indicating a negative market reaction [1] Group 2: Incentive Plans - The company announced the initiation of a second phase of its share incentive plan, aiming to establish a new reward pool of up to 40 million shares to motivate directors, senior management, and employees for their contributions to the company's development [1] Group 3: Business Strategy - Derlin Holdings clarified that its business does not fall under the digital asset treasury (DAT) or cash company model and does not intend to default on holding cryptocurrencies [1] - The company disclosed that approximately 257.51 million HKD has been allocated to its digital finance strategic plan, with around 123.73 million HKD invested in RWA, approximately 58.18 million HKD invested in One Carmel, and about 75.02 million USD used for acquiring Bitcoin mining machines from Bitmain [1]

Core Viewpoint - Derlin Holdings (01709) experienced a significant decline in stock price, dropping nearly 15% in the afternoon trading session, with a current price of 2.15 HKD and a trading volume of 220 million HKD [1] Group 1: Company Announcements - Derlin Holdings announced the completion of the first phase of its stock reward plan, which involved 30 million shares, and is now initiating a second phase with a target of up to 40 million shares for a new reward pool [1] - The purpose of the second phase reward pool is to incentivize the company's directors, senior management, and employees, recognizing their ongoing efforts and contributions to the group's development and future achievements [1] Group 2: Business Strategy and Financials - Derlin Holdings clarified that its business does not fall under the category of Digital Asset Treasury (DAT) or cash company models, and it does not intend to default on holding cryptocurrencies [1] - The company disclosed that approximately 257.51 million HKD has been allocated to its digital finance strategic plan, with around 123.73 million HKD invested in RWA, approximately 58.18 million HKD invested in One Carmel, and about 75.02 million USD used to acquire Bitcoin mining machines from Bitmain [1]

Core Viewpoint - 德林控股 plans to conduct a placement and subscription agreement, selling shares at a price of HKD 3.05 per share, which represents an approximate discount of 11.34% compared to the closing price of HKD 3.44 on October 20, 2025 [1][3] Group 1: Placement and Subscription Details - The placement involves selling shares to at least six subscribers, with the total number of shares to be issued being approximately 13.16% of the enlarged issued share capital post-transaction [1] - The estimated net proceeds from the subscription are expected to be around HKD 761 million, with a net subscription price of approximately HKD 2.98 per share after deducting related costs [2] - The maximum number of subscription shares is 63.83 million, accounting for about 3.65% of the enlarged issued share capital post-transaction [3] Group 2: Use of Proceeds - Approximately 56% of the net proceeds will be allocated to expanding Bitcoin mining and digital reserve businesses, focusing on acquiring and optimizing efficient Bitcoin mining machines [5] - About 24% of the net proceeds will be used for the development and tokenization of Real World Asset (RWA) products, particularly within the XAU₮ ecosystem for gold-backed digital assets [5] - The company plans to allocate 10% of the net proceeds for strategic and diversified investment opportunities, including potential investments in the ONE Carmel premium residential project [5] - The remaining 10% will be used for general working capital, covering operational and administrative expenses, rent, and employee costs to support business expansion and governance compliance [5]

Core Viewpoint - Derin Holdings (01709) has announced a placement and subscription agreement, involving the sale of shares at a price of HKD 3.05 per share, which represents an approximate discount of 11.34% compared to the closing price of HKD 3.44 on October 20, 2025 [1][3] Group 1: Placement and Subscription Details - The seller has agreed to sell shares, and the placement agent will act on behalf of the seller to facilitate the sale to at least six subscribers [1] - The placement shares will account for approximately 13.16% of the company's issued share capital after the completion of the subscription [1] - The estimated net proceeds from the subscription are expected to be around HKD 761 million, with a net subscription price of approximately HKD 2.98 per share after deducting related costs [2][3] Group 2: Use of Proceeds - Approximately 56% of the net proceeds will be allocated to expanding Bitcoin mining and digital reserve businesses, focusing on acquiring and optimizing efficient Bitcoin mining machines and related infrastructure [5] - About 24% of the net proceeds will be used for the development and tokenization of Real World Asset (RWA) products, particularly within the gold-backed digital asset ecosystem [5] - Approximately 10% will be directed towards strategic and diversified investment opportunities, including potential investments in high-quality residential projects and other strategic investments within the digital asset ecosystem [5] - The remaining 10% will be allocated for general working capital, covering operational and administrative expenses, rent, employee costs, and liquidity management to support business expansion and compliance [5]

Core Viewpoint - Derin Holdings (01709) has signed formal agreements for the acquisition of BM mining machines, aiming to become the first listed "Bitcoin computing power stock" in Hong Kong, with a total hash power of approximately 2.1 million TH and an annual production target of around 350 Bitcoins [1][4]. Group 1: Acquisition Details - The company has entered into agreements for the acquisition of 1,900 units of BM mining machine 1 for a total cost of approximately $8.3491 million (equivalent to HKD 65.1228 million) and 1,095 units of BM mining machine 2 for approximately $10.8766 million (equivalent to HKD 84.8378 million) [1]. - The total expected annual output from the BM mining machines is approximately 175 Bitcoins, based on a total hash power of about 1.06 million TH/s [1]. Group 2: Operational Management - The digital asset department has dedicated operational personnel and utilizes a transparent third-party ASIC mining management platform to monitor hash power, temperature, and performance data in real-time [2]. - The company will sign a framework agreement with designated hosting service providers for the daily operation and maintenance of the BM mining machines, ensuring operational efficiency and uninterrupted mining activities [3]. Group 3: Strategic Partnerships - Bitmain, the parent company of BM1 and BM2, is recognized as the largest and most technologically advanced Bitcoin mining machine manufacturer, providing significant operational efficiency and competitive advantages through its advanced cooling technology [4]. - The board believes that signing the formal agreements will bring long-term financial returns and value to shareholders, reinforcing the company's leadership position in the Bitcoin mining business among Hong Kong listed companies [4].

Core Viewpoint - Hainan Huatie is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, following the termination of a significant contract worth 3.69 billion yuan for computing power services, which has led to a sharp decline in its stock price [3][4]. Group 1: Shareholder Actions - Major shareholders, including the company's general manager and a significant shareholder, plan to increase their holdings in Hainan Huatie, with a total intended investment of up to 1 billion yuan [1]. - The general manager, Hu Danfeng, intends to invest between 30 million yuan and 50 million yuan over the next six months [1]. - Hainan Jinkong, a controlling shareholder, also plans to invest between 25 million yuan and 50 million yuan in the same timeframe [1]. Group 2: Contractual Issues - Hainan Huatie's subsidiary signed a 5-year computing power service agreement worth 36.9 billion yuan, which was seen as a significant move into the computing power market [3]. - The contract was abruptly terminated due to changes in market conditions and a lack of received orders, leading to a significant drop in the company's stock price [3][4]. - The company claims that the terminated contract was not a framework agreement but an actual contract that was expected to generate revenue [4]. Group 3: Historical Context and Legal Issues - Hainan Huatie has faced previous allegations of financial misconduct, including a report of serious financial fraud by a competitor in 2021 [5][6]. - The company was involved in a legal dispute regarding the delivery and payment of 80,000 Bitcoin mining machines, which has further complicated its financial standing [5][6]. - Despite these challenges, the company reported revenue from its computing power business, with approximately 12 million yuan in the previous year and over 50 million yuan in the first quarter of the current year [4]. Group 4: Stock Performance - As of October 17, Hainan Huatie's stock price was 7.09 yuan per share, reflecting a nearly 7% decline, with a total market capitalization of 14.2 billion yuan [1]. - Notably, a prominent investor, Zhang Jianping, reduced his stake in the company significantly after initially becoming one of the top shareholders [7].

Core Viewpoint - Hainan Huatie (603300.SH) is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, following the termination of a significant contract worth 3.69 billion yuan for computing power services, which has led to a sharp decline in its stock price and raised questions about the company's order authenticity [4][5]. Group 1: Shareholder Actions - Major shareholders, including the company's general manager and a significant shareholder, plan to increase their holdings in Hainan Huatie, with a total intended investment of up to 1 billion yuan [1]. - The general manager, Hu Danfeng, intends to invest between 30 million yuan and 50 million yuan, while Hainan Jinkong, a controlling shareholder, plans to invest between 25 million yuan and 50 million yuan [1]. Group 2: Contractual Issues - Hainan Huatie's subsidiary signed a 5-year computing power service agreement worth 3.69 billion yuan, which was seen as a pivotal move into the computing power market, leading to a significant stock price increase earlier in the year [4]. - The contract was abruptly terminated due to changes in market conditions and a lack of purchase orders, which triggered a regulatory inquiry and caused the stock to hit its lower limit for two consecutive days [4][5]. Group 3: Financial Background - The company reported revenues from its computing power business of approximately 12 million yuan last year and over 50 million yuan in the first quarter of this year, although it did not disclose related income in its half-year report [5]. - The stock price of Hainan Huatie was reported at 7.09 yuan per share, reflecting a nearly 7% decline, with a total market capitalization of 14.2 billion yuan as of October 17 [1]. Group 4: Historical Context - Hainan Huatie has faced allegations of financial misconduct in the past, including a report of serious financial fraud and information disclosure violations by a major Bitcoin mining company [7][8]. - The company has a history of legal disputes related to its previous operations, which have raised concerns about its financial practices and governance [7][8]. Group 5: Shareholder Changes - Notable investor Zhang Jianping entered Hainan Huatie's top ten shareholders with a 4.23% stake but subsequently reduced his holdings to 3.58% and eventually exited the top shareholder list by mid-2025 [10].

Core Viewpoint - Hainan Huatie is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, following the termination of a significant contract worth 3.69 billion yuan for computing power services, which has led to a decline in its stock price and raised questions about the company's order authenticity [3][4]. Group 1: Shareholder Actions - Major shareholders, including the general manager Hu Danfeng, plan to increase their holdings in Hainan Huatie by investing between 30 million yuan and 50 million yuan over the next six months starting from October 17, 2025 [2]. - Hainan Jinkong, a controlling shareholder, also intends to invest between 25 million yuan and 50 million yuan in the company during the same period [2]. Group 2: Contractual Issues - Hainan Huatie's subsidiary signed a 5-year computing power service agreement worth 3.69 billion yuan with Hangzhou X Company, which was seen as a significant step into the computing power market [3]. - The contract was abruptly terminated due to changes in market conditions and a lack of purchase orders, leading to a sharp decline in the company's stock price [3][4]. Group 3: Financial Background - The computing power business generated approximately 12 million yuan in revenue last year and over 50 million yuan in the first quarter of this year, although no related revenue was disclosed in the half-year report [4]. - The company’s stock price closed at 7.09 yuan per share on October 17, reflecting a nearly 7% drop, with a total market capitalization of 14.2 billion yuan [8].