Category: EQS Newswire

EQS via SeaPRwire.com / 02/04/2026 / 10:58 UTC+8 As global population aging intensifies and consumers place greater emphasis on health management in the post-pandemic era, the convergence of AIoT with healthcare has emerged as a core pillar of the next technological wave. In this blue-ocean market, poised to surpass the trillion-dollar mark, the key question lies in extending professional medical services from hospitals into home, a critical focus for the industry. Against this backdrop, Home Control International Limited (1747.HK), a leading global provider of home control solutions, is executing a forward-looking strategic transformation. While continuing to deepen its core home control business, the Group has upgraded its brand to the "Omni Devices" brand, further expanding into the healthcare sector. Home Control is not merely following a trend; it is actively reshaping the global health management value chain through its deep technological expertise. The Company's latest 2025 annual results underscore its solid growth trajectory. Full-year revenue reached approximately US$109.4 million, representing a year-on-year increase of 1.8%, demonstrating operational resilience amidst a challenging macroeconomic environment. Regionally, while maintaining a strong presence in the Europe and the U.S. (which together accounted for approximately 70.2% of total revenue), the Company is strategically expanding into high-growth emerging markets, particularly India. Notably, revenue contribution from Asia increased from 13.0% in 2024 to 24.5% in 2025. This strategic shift not only optimizes the product mix but also provides diversified momentum for the Group's future growth. Driven by strong growth in higher-margin healthcare solutions and the absence of last year’s one-off impairment provision, profit attributable to owners of the Company surged 183.3% year-on-year to US$7.1 million. Rapid Smart Home Adoption in Europe and the U.S., as Whole-Home Automation Gains Momentum The global smart home market is expanding rapidly. According to Global Market Insights, the European smart home market is projected to grow at a CAGR of 16.1% between 2026 and 2035, reaching US$150.1 billion by 2035. Meanwhile, North America, the world's largest and most mature market, accounts for nearly 40% of global growth and is rapidly shifting from standalone devices to whole-home automation. This trend is driven by two key factors. First, strong consumer demand for home security is accelerating the adoption of integrated smart security and mobile applications. Second, rising energy costs and stricter energy-efficiency regulations are significantly boosting demand for smart thermostats and lighting systems. Leveraging its extensive experience in high-quality home control solutions, Home Control upgraded its "Omni Remotes" brand to "Omni Devices" at the end of 2024. This strategic rebranding reflects the Company's evolution beyond traditional control solutions into a broader spectrum of offerings. By applying its long-established expertise in technology innovation, particularly in advanced sensing and wireless connectivity, the Company is developing tailored solutions for vertical segments, unlocking new growth drivers in the flourishing smart home market. Asia-Pacific Digital Health to Reach US$713 Billion, Strategically Targeting the Home Health Monitoring Megatrend In contrast, the Asia-Pacific region is demonstrating even stronger momentum in the digital health. Market forecasts project the sector to grow at a CAGR of 22.98% from 2025 to 2035, surpassing US$713 billion. Remote patient monitoring and telehealth are among the fastest-growing segments, driven by the accelerating aging population across Asia and the increasing prevalence of chronic diseases like diabetes and cardiovascular conditions. These trends are significantly boosting demand for home-based health monitoring devices—such as blood glucose and blood pressure monitors—as well as preventive care solutions. Simultaneously, high smartphone penetration rates and strong government support for digital health infrastructure (e.g., China's "Healthy China 2030" policy) are accelerating the adoption of medical-grade devices in the home. In 2025, Home Control broadened its presence in the healthcare sector by integrating resources with its shareholder, Meta-Wisdom Tech Limited. During the year, revenue from healthcare solutions increased from 14.4% in 2024 to 21.4% of total revenue, highlighting the initial success of its transformation strategy. To build on this momentum, the Company established Orbiva Limited, a wholly-owned subsidiary in Hong Kong, dedicated to developing AIoT-enabled home healthcare platforms, ecosystems, and health management products. On the technology front, the Group has signed a strategic memorandum of understanding (MOU) with Nanyang Technological University (NTU) to jointly develop a secure AIoT-powered healthcare platform. Additionally, Orbiva has secured an intellectual property license for an AI assisted trustworthy home-care intelligence agent system, actively promoting the development of digital twin applications and secure health management devices. By combining technology R&D, data security, and product innovation, Home Control is accelerating the development of an integrated health management solution encompassing "Devices + Platform + Services," while deepening its presence in the Southeast Asian market to capitalize on regional growth opportunities. Smart IoT Empowers Personal Health Management, Launching a Closed-Loop Ecosystem and Transforming Valuation Overall, Home Control is undergoing a profound strategic transformation. While leveraging its established smart home foundation to generate stable cash flow, the Group has also been rapidly expanding its high-growth, high-value healthcare business. Building on this foundation, the Company is constructing a comprehensive ecosystem spanning hardware, software, data, and services through strategic acquisitions, industry-academia collaborations, and diverse partnerships. As the convergence of AIoT and healthcare deepens, the Group is steadily advancing toward its goal of real-time personal health monitoring and seamless integration of online-offline healthcare management. It is also accelerating the deep integration of smart home and health & wellness scenarios. This transformation not only provides a clear and scalable path for future growth but is also expected to drive long-term value creation and a sustained re-rating of the Company's valuation. 02/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 01/04/2026 / 14:00 UTC+8 Over the past few years, the consumer sector has witnessed repeated reshaping of market expectations. From consumption upgrading to downgrading, and from traffic-driven growth to stock competition, the market has grown increasingly discerning toward the catering industry, and is also placing greater emphasis on the sustainability of corporate growth. In a recent research report, Industrial Securities noted that boosting domestic demand is a top economic priority for 2026. China's residential service consumption has considerable room for improvement compared with overseas markets, and is expected to become a new focus of the country on the basis of further optimizing subsidies for commodity consumption. Capital allocation in the sector is at a historically low level and the overall valuation has priced in many pessimistic expectations. It is recommended to attach importance to 2026 as the first year of service consumption, and lay out the two main lines of inflation expectation recovery and segmented prosperity from a full-year perspective. Against this macro backdrop, DPC Dash Ltd ("DPC Dash" or the "Company")(1405.HK) recently released an eye-catching annual results. Despite the slowdown in the growth of the catering industry and intensified competition over the past year, which have left many players stuck in a growth bottleneck, DPC Dash has proven with data that an enterprise's resilience to navigate economic cycles never comes from empty slogans, but from solid fundamentals and sustained growth momentum. 01 Profit Quality Improves Steadily, Economies of Scale Accelerate A quick look at DPC Dash's financial report reveals impressive performance in its core metrics. In 2025, Domino's China achieved revenue of RMB 5.382 billion, a year-on-year increase of 24.8%, representing five straight years of double-digit growth; adjusted net profit reached RMB 188 million, a year-on-year surge of 43.3%; adjusted EBITDA stood at RMB 635 million, up 28.2% year-on-year; adjusted EBITDA profit margin was 11.8%, a year-on-year increase of 30 basis points. Net profit hit RMB 142 million, a substantial year-on-year surge of 157.1%. Behind this outstanding performance is the continuous consolidation of profitability at the store level. In 2025, store-level EBITDA totaled approximately RMB 1.001 billion, with a margin of 18.6%; store-level operating profit reached around RMB 740 million, maintaining a healthy operating profit margin of 13.7%. These figures send a clear signal: the Company's profit growth has moved beyond the inflection point of "turning losses into profits" and entered an upward trajectory of "sustained realization". 2024 marked a milestone as the Company achieved annual profitability for the first time, and 2025 further validated the sustainability of its business model on this basis. The revenue side maintained a high growth rate of 24.8%, and the profit growth outpaced revenue growth significantly—a typical characteristic of the materialization of economies of scale. With the expansion of the store network, fixed costs are spread thinner, driving higher marginal profits. Headquarters management expenses are also spread thinner, and supply chain and distribution efficiency is optimized as network density increases. Every seemingly minor cost improvement, multiplied by the scale of over a thousand stores, translates into tangible profit elasticity. On a deeper level, the improvement in profit quality is also driven by the optimization of store structure. In 2025, the revenue share of newly growing markets rose further. These new stores not only contributed to revenue growth but also boosted the overall profitability with their higher return on investment efficiency. At the same time, mature markets continued to generate stable cash flow through consecutive years of same-store sales growth. A dual-drive pattern of "mature markets stabilizing the core business and new markets contributing growth elasticity" has taken shape. It can be said that DPC Dash has built a self-reinforcing operating cycle: scale expansion leads to cost optimization, and such optimization in turn fuels the improvement of profitability, and the improved profitability provides financial support for a new round of expansion. 02 Store Milestone Achieved, 4D Strategy Powers the Growth Flywheel The core keyword for DPC Dash's 2025 results can be summarized as resilience. This resilience is not a short-term earnings surge, but a sustainable growth capability built on economies of scale, digital barriers and brand moats. The Company's "4D Strategy" anchored its full-year operations, encompassing high-quality store Development, Delicious Pizza at Value, efficient Delivery experience, and advanced Digital capabilities. These four pillars work in lockstep to accelerate the growth flywheel. a. Store Network Achieves Growth in Both Quantity and Quality In 2025, DPC Dash continued its expansion strategy of "deepening and expanding market reach", with a net increase of 307 stores throughout the year, successfully meeting its annual store opening target. By the end of the year, the total number of stores reached 1,315, covering 60 cities. Entering 2026, the pace of expansion has further accelerated, with 62 new stores opening in 46 cities nationwide on New Year's Day alone, including 8 cities where the brand entered those markets for the first time. What is more noteworthy than the number itself is the performance of the new stores. Most of the newly opened stores are located in non-first-tier cities, yet their growth momentum has been nothing short of stunning. In October 2025, the first store in Xuzhou recorded a daily turnover of over RMB 680,000 on its opening day. The first store in Dalian, which opened on New Year's Day 2026, further refreshed this record to RMB 700,000. As of January 31, 2026, the Company occupied the entire top 50 slots in Domino’s global ranking of first-30-day sales across its network of over 22,000 stores worldwide. Clearly, the Company's store location selection is not a matter of luck, but a data-driven model. Every new store opening is backed by scientific, data-driven decision-making, from the analysis of urban tier characteristics and the measurement of business district traffic, to the control of rental costs and the design of delivery radii. "Deepening and expanding market reach" is not blind expansion, but a steady territorial expansion based on a replicable single-store model. b. Expanding Member Ecosystem, Digital Strategy Builds Core Barriers As of the end of 2025, the scale of DPC Dash's “loyalty program” exceeded 35.6 million, with a net increase of over 11 million members and more than 15 million new first-time users throughout the year. The value of these figures lies in the closed data loop. The Company's digitalization has integrated the full customer journey of "ordering-production-delivery-repeat purchase". The accumulated user portrait data can feed back into product research and development and marketing strategies, with data supporting decisions such as which cities to launch new products in, what promotions to match, and when to prioritize sales. This digital asset is not something competitors can replicate in the short term. It is not a purchasable system, but a collection of user insights and operational methodologies accumulated over the years. At a time when traffic costs are rising steadily, DPC Dash, with a private domain user base of 35 million, has built its own brand moat. c. Simultaneous Product Innovation and Precision Marketing On the product front, DPC Dash maintained a high-frequency iteration pace of innovation. Throughout 2025, the Company launched a new product every 6 to 12 weeks, introducing a number of new pizzas that blend regional flavors with global inspiration, and also upgraded classic products with "more portions without extra cost". From Sicilian-style to Madrid-style pizzas, braised beef brisket with prawns to black truffle & mushroom, each new product enriches the product portfolio while reinforcing the brand’s value-for-money positioning. This continuous product renewal not only meets consumers' pursuit of novelty but also solidifies the foundation for repeat purchases. In terms of marketing, the Company accurately seized major consumer nodes throughout the year, launching Halloween-themed limited editions, Spring Festival promotions, and cross-border collaborations with popular IPs such as Sanrio. With coordinated online and offline efforts, it successfully reached the young consumer group. Meanwhile, classic promotional activities such as "Buy One Get One Free Super Week" returned regularly, providing consumers with a variety of choices. The simultaneous increase in brand exposure and sales conversion attests to the effectiveness of its marketing strategy. 03 The Expectation Gap in An Era of Differentiation Among Consumer Stocks Currently, the investment logic of the consumer sector is undergoing profound changes. In the past, "choosing the right track meant success for anyone", but now "investors are scrupulously picking alpha opportunities". In this differentiated environment, what underappreciated advantages support DPC Dash? Expectation Gap 1: Pizza’s Inherent Anti-Cyclicality in China The coexistence of consumption downgrading and upgrading may sound contradictory, but it is the real picture of China's current consumer market. Consumers in first-tier cities may be more budget-conscious, while consumption upgrading in lower-tier markets is just beginning. The uniqueness of the pizza category lies in its dual attributes: it combines everyday convenience with social dining appeal. It works as a RMB 30 quick meal and a presentable RMB 80 treat. This flexible positioning gives pizza unusual resilience in a split consumer landscape. When the catering sector faces pressure, its essential, everyday appeal provides a defensive cushion; when consumer confidence recovers, its experiential attribute releases growth elasticity. The market is accustomed to simply categorizing pizza as "Western fast food", but overlooks its cross-tier pricing appeal. This inherent advantage of the category is the underlying logic for DPC Dash to navigate economic cycles. Expectation Gap 2: Accelerating Economies of Scale Beyond 1,000 Stores Many view economies of scale as linear, assuming that a 10% increase in the number of stores will lead to a corresponding percentage drop in costs. In reality, economies of scale are released in a cumulative and accelerating manner. When store density reaches a certain level, cost efficiency improves at a steepening rate. The 1,000-store mark is a critical threshold. Crossing this threshold brings qualitative changes in procurement bargaining power, distribution network efficiency and brand recognition. With the further increase in store network density and optimization of operational efficiency, the scale dividends on the supply chain side are also expected to be further released. Of course, the pace of opening about 300 stores per year means the Company is still in the expansion and investment phase, which requires continuous resource input for the cultivation of new markets and the growth of new stores. But the key is to look at the trend: as the number of stores increases, the fixed component of the single-store cost model will be diluted further; as store density rises, the efficiency of the distribution network will improve. This process does not happen overnight, but the direction is clear. It is foreseeable that as new stores gradually move beyond the cultivation period and enter the mature stage, the improvement in profitability will be gradually reflected in the financial statements. This gradual but definite improvement is the expectation gap that the market has not yet fully digested. Expectation Gap 3: Digital Assets Underappreciated in Valuation System of Consumer Stocks When valuing catering stocks, the market is used to looking at PE ratios, store numbers and same-store sales growth. However, DPC Dash's digital assets, from 35.6 million member data to order forecasting algorithms and delivery route optimization systems, are underappreciated in conventional valuation frameworks. Digitalization is not a cost center, but a catalyst for higher valuation. A catering enterprise with a large private domain user pool and the ability to accurately reach and operate users has an incomparable long-term value compared with enterprises that rely solely on third-party platform traffic. As the market gradually recognizes the competitive barriers built by this set of digital assets, the valuation system of DPC Dash is expected to face a re-rating. Expectation Gap 4: Premium Brand Benefits in Lower-Tier Markets Top Western brands are still in short supply in lower-tier markets. When young people in a county want to eat authentic pizza for the first time, they often have limited choices. At this time, the emergence of Domino's is not consumption downgrading, but a catch-up opportunity for consumption upgrading. The queuing phenomenon at the first stores in more than a dozen new cities entered in 2025 is the best testament to this. Behind this explosive growth is the dimension reduction impact of Domino's global brand momentum. According to the "RESTAURANTS 25 2025" released by Brand Finance, Domino's ranked seventh with a brand value of US$6.69 billion, firmly securing a spot in the world's top 10 most valuable restaurant brands. For consumers in lower-tier markets, the recognition and trust in international top brands exceed expectations. This brand endorsement is an advantage that local brands can hardly replicate. From this perspective, the story of the pizza track in China is far from over. First and second-tier markets compete on density and efficiency, while lower-tier markets compete on the first-mover brand perception. DPC Dash happens to stand at the intersection of these two tracks. Therefore, for DPC Dash, sinking to lower-tier markets is not a move downmarket, but an in-depth expansion into a blue ocean market. 04 Conclusion Looking back at the full year of 2025, DPC Dash's economies of scale are being released at an accelerated pace. This is not a simple extensive expansion, but a sustainable snowball-like growth model. When the brand has a solid foundation and the market space is broad enough, growth momentum can be continuously accumulated. While the market is still debating the strength of consumption recovery, DPC Dash has proven with its brilliant financial report that solid fundamentals are the most reliable anchor through economic cycles. Of course, DPC Dash is not without challenges. Balancing the speed of expansion and the quality of single stores is a technical task amid rapid expansion. Entering new cities means continuous investment, and the early cultivation period may bring short-term fluctuations. The decline in the proportion of delivery revenue in some new stores will also affect the average transaction value. These are the normal costs associated with expansion, but such investment and layout are for the long term. Crucially, the Company has established a presence in only 60 cities to date, leaving massive untapped potential. Meanwhile, it supports the opening of around 300 new stores annually through internal cash generation, without increasing debt or depleting cash reserves—a level of financial stability rarely seen in the current catering industry. It is important to note the brand value of Domino's—ranking among the world's top 10 restaurant brands is a moat built over decades. DPC Dash's localized operation capabilities have also been verified: a sustained and strong expansion momentum, new stores in emerging markets repeatedly breaking sales records, a member base exceeding 35.6 million, four consecutive years of being awarded the "Best Employer" by Mercer, and the first "Star Employer" award by Mercer China in 2025. What the market needs is a telescope for long-termism, not a microscope for short-term fluctuations. 01/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 31/03/2026 / 23:36 UTC+8 Cornerstone Technologies ’s JV Spark EV Join Hands with China Southern Power Grid to Open Up New Chapter for Electric Vehicles Charging in Southeast Asia Since late February 2026, escalating geopolitical tensions in the Middle East have disrupted logistics services through the Strait of Hormuz, severely impacting the global crude oil supply chain, with international oil prices remained volatile at relatively high levels. On March 9, WTI crude briefly touched USD119.48 per barrel, while Brent approached USD120 per barrel—marking the highest levels in nearly four years. Thailand’s retail fuel prices also saw a 20% increase last week. Rising fuel costs not only directly increase the usage cost for traditional ICE vehicles, but also accelerate the global transition toward electric vehicles. According to data from Mordor Intelligence, the ASEAN electric vehicle market is projected to reach USD5.99 billion in 2026, surpassing USD 23.5 billion by 2031 with a compound annual growth rate (CAGR) exceeding 30%. Thailand, leveraging its robust manufacturing clusters and government incentive policies, saw domestic EV sales grow by 40% in 2025, capturing a remarkable 39% market share within the regional market. The upward momentum also continued in 2026, with EV sales reaching 38,000 units in the first two months alone. At this pace, annual sales could exceed 200,000 units in 2026, underscoring Thailand’s steadily rising EV penetration rate, which in turn, further drive the demand for corresponding charging infrastructure. Seeing the vast market opportunities in ASEAN, Cornerstone Technologies Holdings Limited’s joint venture, Spark EV Company Limited (“Spark EV”) has entered into a memorandum of understanding with China Southern Power Grid Lancang-Mekong International Co., Ltd (“CSG-LMI”) on March 25. The two parties will jointly advance Spark EV’s expansion in the Thailand market, aiming to install more than 1,000 charging stations nationwide to strengthen its competitive edge and enhance network efficiency. As a leading charging service provider, Cornerstone Technologies has established a comprehensive business presence in Hong Kong, covering private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO). The former provides monthly subscription-based private charging services for residential buildings, with more than 1,200 users currently enrolled; the latter operates Hong Kong’s largest and most utilized public EV charging network, already in operation across 120 car parks, totaling over 1,900 charging points with more than 87,000 members. Beyond the Hong Kong market, Cornerstone Technologies is also actively expanding its overseas business through Spark EV, with overseas revenue projected to increase by nearly 70% by 2025. Spark EV has already gained a significant first-mover advantage in Thailand, having partnered with Bangchak Corporation Public Company Limited ("Bangchak") to operate over 240 charging stations with more than 175,000 members. Bangchak is one of Thailand's two largest energy companies, with 2,214 service stations across the country. Leveraging its nationwide energy retail network and strategic positioning in promoting green energy transformation, Bangchak provides strong support for Spark EV's charging business in Thailand. Meanwhile, CSG-LMI is a subsidiary of China Southern Power Grid Co., Ltd. (“CSG”) As one of China's two largest power grid enterprises, CSG has an annual revenue exceeding RMB800 billion and operates over 100,000 charging stations nationwide. This partnership between Cornerstone Technologies and CSG-LMI is expected to further accelerate its business development in Thailand. CSG-LMI brings unparalleled technical expertise in grid stability and smart grid management. The partnership is expected to provide Spark EV with enhanced technical efficiency in connecting ultra-fast chargers to the local power grid, along with superior operational reliability. Driven by the introduction of the EV 3.5 incentive scheme and the “30@30” target (30% of domestic vehicle production to be zero-emission by 2030), Thailand is expected to become the fastest-growing EV market in Southeast Asia, generating substantial demand for charging infrastructure. Hencd, Spark EV will be well-positioned to further consolidate its market leadership by leveraging a more efficient network and greater cost-effectiveness, thereby attracting more users and increasing overall network utilization. According to the announcement, following their success in Thailand, the two parties also intend to expand cooperation to other countries within the Lancang-Mekong sub-region, particularly those with higher EV penetration rates and strong growth potential in charging infrastructure. These include Malaysia, Indonesia, Cambodia, Laos PDR, Myanmar, and Vietnam. As a result, the synergies between the two parties are expected to continue to unfold, injecting new momentum into the electric vehicle industry across Southeast Asia. With the steadily expanding scale of its charging business, Cornerstone Technologies is well-positioned to generate stable revenue and recurring cash flow from charging fees. Given the relatively high gross profit margin of the charging business, the Company’s revenue mix is expected to improve significantly, driving overall profitability and breakeven performance. This strategic partnership not only supports the wider adoption of EVs in the region but also provides Cornerstone Technologies with a solid foundation to enhance profitability and establish long-term growth drivers. Looking ahead, the collaboration is expected to become an important milestone in advancing regional energy transition and green mobility development, opening up a new chapter for the EV landscape in Southeast Asia. 31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 31/03/2026 / 15:21 UTC+8 On March 30, Huitongda Network (9878.HK) announced its 2025 annual results. 2025 marked a pivotal year for Huitongda as it executed strategic upgrades and deepened its transformation, steering the Company toward high-quality development. The Company significantly improved its operating quality, with revenue for the year reaching RMB52.3 billion and profit rising 14.6% year-on-year (“yoy”) to RMB529 million. Gross profit margin increased by 18% yoy to 4.5%, while profit attributable to equity shareholders of the Company rose 11.3% yoy to RMB300 million. The Company also recorded net cash generated from operating activities of RMB419 million for the year, maintaining positive operating cash inflow for seven consecutive years. The three key financial indicators, namely gross profit margin, net profit margin, and net profit margin attributable to equity shareholders of the Company, all reached historical highs, fully demonstrating the continuous improvement in operational quality and profitability despite notable operational challenges and macro headwinds. In fact, the continuous improvement in operational quality and profitability following the strategic upgrades also marked the Company's entry into a new cycle of high-quality development, characterized by enhanced profitability, improved operating quality, and transformational upgrade. Enhancing Profitability and Quality: Strategic Upgrade Delivering Solid Results According to the results announcement, with profit and cash flow as its key priorities for the year, Huitongda focused its resources on high-growth sectors such as "technology-enabled" and "smart supply chain", achieving breakthrough progress across four key dimensions. In terms of building a smart supply chain, Huitongda has built an efficient supply chain system featuring reverse customization, short-chain distribution, and digitalization across multiple industries, launching three major projects, including the "Brand Express", "Self-owned Brand Ecosystem Development", and "Open-Platform Smart Supply Chain System". Benefiting from these initiatives, the gross profit margin of TOP brands increased by approximately 30% during the new product launch season, and the sales per store (member stores) increased by more than 40%. Meanwhile, revenue of new product categories such as fast-moving consumer goods and senior-friendly health products increased by more than 50% yoy. Sales of Huitongda's self-owned brands also exceeded RMB140 million, representing a yoy increase of 37%, with gross profit margin exceeding 40%. The Group also delivered outstanding results in the development and application of its AI products. To advance the smart upgrade of "AI + industries", the Company launched its retail-scenario-based "Qiancheng Cloud AI" vertical model, with the model completing the filing with the Cyberspace Administration of China during the year. The Company also reached a full-stack comprehensive AI cooperation with Alibaba Cloud, further expanding its offerings and boosting its AI-related revenue from zero to over RMB100 million, accounting for approximately 20% of total service revenue. Currently, retail stores and supply chain customers can conveniently utilize various intelligent agents through multiple platforms, such as the "Qiancheng AI Super Store Manager APP" and the "Qiancheng AI Portal" (ai.qcos.cn), supporting a wide range of operational tasks, including merchandise sourcing, e-commerce livestreaming and community marketing. In terms of new retail formats, Huitongda made significant breakthroughs by tapping into FMCG discount business, officially entering the retail chain sector through "hard-discount supermarkets". The first batch of hard-discount supermarkets opened in December 2025, marking the completion of major upgrades for Huitongda: from lower-tier markets to the broader nationwide market, from a pure "to-B" model to a "to-B plus to-C" model, and from a primary focus on high-value products that require strong customer experience and after-sales service (the so-called “three-high” categories) to a comprehensive product portfolio, creating a new growth driver in the process. Under the dual drivers of "Industry + Capital", Huitongda saw significant breakthroughs during the year, expanding its industrial footprint while expediting investments and acquisitions of high-quality and value-creating assets. Specifically, the Company acquired a 25% equity interest in A-share listed company Jin Tong Ling, a high-end manufacturer, and became its controlling shareholder, in an attempt to bridge “large consumption + intelligent manufacturing”. It also acquired a 57% equity interest in Boundary Consulting, a leading e-commerce AI company. According to the Company’s previous announcement, Boundary Consulting is expected to record net profit attributable to shareholders of no less than RMB85 million, RMB100 million and RMB115 million in the next three years, respectively. Through these strategic acquisitions, the Company has established a new growth framework of “large consumption + intelligent manufacturing + AI technology”, injecting fresh momentum into its future development. Driving Transformational Upgrades: Four Major Innovative Projects to Lead Future Growth, Accelerating Value Realization In the new era guided by the "15th Five-Year Plan", which emphasizes strategies such as "rejuvenating the lower-tier markets", "persistently expanding domestic demand", "optimizing and upgrading traditional industries", and "cultivating and expanding emerging and future industries", Huitongda will leverage its competitive advantage in the lower-tier markets to empower physical retail operators in urban and rural areas, supply chain partners, upstream manufacturers, and cutting-edge technology enterprises through "innovative supply chains" and "AI+", advancing its four major innovation initiatives and accelerating its transition into a new phase of value creation. First is to accelerate its development in retail chains and fast-moving consumer goods. In early 2026, Huitongda reached a strategic cooperation with the leading discount snack chain Ling Shi You Xuan (零食優選) to jointly operate its more than 2,800 stores nationwide. Going forward, Huitongda will rapidly expand its footprint through self-operation, joint ventures, mergers and acquisitions and other expansion models. By leveraging its supply chain and AI capabilities, the Company will strive to move rapidly into the industry’s leading tier, establishing presence and creating a new growth driver through hard-discount chains, bulk snack stores, community supermarkets, and convenience stores. Second is to focus on growing AI applications. Targeting the full value chain of retail operations, Huitongda will continue to strengthen its system and empowerment capabilities, focusing on "AI + Digital Intelligence + Hardware-Software Integration". On one hand, the Company will further strengthen the foundation of its vertical large model; on the other hand, it will accelerate the R&D and commercialization of AI agents, robots and other products and applications, so as to strengthen its technological entry barrier and servicing capability, and empower member stores, retail chain outlets and e-commerce merchants across multiple scenarios. Third is to build an intelligent technology services platform. Leveraging the end-to-end service capabilities for technology products developed through Huitongda's long-term and in-depth cooperation with leading brands such as Apple, along with the capabilities of its subsidiary Jujia Yuntong (居家運通), the Company is comprehensively upgrading its capabilities to build an “Intelligent Technology Product Services Platform”. The platform is expected to drive the market-oriented and scaled commercialization of cutting-edge technologies, such as embodied intelligence and brain-computer interface technologies, while providing full-cycle commercialization services for hard-tech enterprises. Fourth is to build an innovative supply chain platform centered on fast-moving consumer goods. Huitongda will continue to advance projects such as "Self-owned Brand Ecosystem Development" and "Brand Express", in an attempt to raise supply chain efficiency through centralized procurement, customization, self-owned brand development, AI, and big data applications. At the retail end, by covering various consumption touch points such as chain stores, private-domain channels and instant retail, it also aims to become an innovative supply chain service platform, serving all channels and adapting to new consumption patterns. In 2025, Huitongda has also completed the use of reserves to offset losses, clearing the obstacles for dividend distribution. In 2026, by balancing long-term development with shareholder interests, the Company will make comprehensive plans to continuously improve its return mechanism, actively sharing the development results with its shareholders through cash dividends and other means. At the same time, the Company has initiated an H-share buyback program and will strive to reward shareholders' trust by flexibly using buybacks and other tools based on prevailing market conditions. 2026 will be a critical year for Huitongda, marking its transition from strategic upgrades to value realization. Leveraging its strong position in lower-tier markets, and driven by the AI technology revolution, the transformation of new retail formats, and industrial capital, the Company will use AI to enhance operating efficiency, create industrial value through its supply chain capabilities, and unlock incremental growth through retail chains. At the same time, Huitongda will continue to advance its “Industry + Capital” strategy and pursue more high-quality M&A opportunities across retail chains, AI vertical applications, technology service platforms and innovative supply chains. Against the backdrop of deeper integration between technological and industrial innovation, improving circulation in the consumer market, and continued support for rural revitalization, Huitongda remains committed to creating sustainable long-term value for its partners and society. 31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 31/03/2026 / 11:22 UTC+8 Core Revenue Increased 26.9% yoy to HK$117.8 million Narrowing Adjusted LBITDA Supported by Improving Revenue Mix and Rising Gross Profit Margin of 7.0p.p. yoy Financial Highlights For the year ended 31 December 2025 HK$ million 2024 HK$ million Change Total Revenue 125.2 153.1 -18.2% Core Revenue* 117.8 92.9 +26.9% Gross Profit 31.1 27.3 +13.9% Gross Profit Margin (%) 24.8% 17.8% +7.0 p.p. Adjusted LBITDA (34.4) (41.2) -16.5% *Core revenue includes revenue from sales of electric vehicle charging systems, electric vehicles charging income, and maintenance, rental, and EV charging consultancy income (Hong Kong – 31 March 2026) A leading electric vehicle (“EV”) charging solutions provider – Cornerstone Technologies Holdings Limited (“Cornerstone” or the “Company”, stock code: 8391.HK, together with its subsidiaries, collectively the “Group”) is pleased to announce its audited financial results for the year ended 31 December 2025 (the “Year”). In 2025, the global shift toward electric mobility was accelerating at an unprecedented pace, driven by robust government policies promoting decarbonization, significant investment and innovation from leading automakers, and growing demand for sustainable transportation solutions. In this dynamic and competitive environment, Cornerstone has not only solidified its leadership in Hong Kong, but also made substantial progress in its international expansion strategy, especially in the high-potential Thailand market. Improving Revenue Mix, Expanding Margins, and Shrinking Adjusted LBITDA Leveraging its expansive charging network and growing user base, the Group recorded a notable increase in recurring revenue from its high-margin electric vehicles charging income, rising 85.3% year-on-year (“yoy”) to HK$44.2 million (2024: HK$23.9 million), accounting for approximately 35.3% of total revenue. As the Group continued to pivot away from labour-intensive, lower-margin projects, revenue from the provision of installation services saw a significant drop of 87.8% yoy to HK$7.4 million (2024: HK$60.3 million), dragging total revenue to decrease by a 18.2% yoy to HK$125.2 million (2024: HK$153.1 million). However, excluding the revenue contribution from the provision of installation services, core revenue (sales of electric vehicle charging systems, electric vehicles charging income, and maintenance, rental, and EV charging consultancy income) increased by 26.9% yoy to HK$117.8 million (2024: HK$92.9 million), highlighting its successful business transformation with growing recurring revenue performance. Revenue generated from markets outside of Hong Kong also experienced robust growth, surging by 69.3% to reach HK$41.4 million (up from HK$24.4 million in 2024). This significant upward trajectory directly reflects the successful execution of the Company’s strategic expansion into Southeast Asia. The accelerated growth in these new markets not only validates regional scaling initiative but also demonstrates growing ability to capture market share and diversify revenue streams beyond domestic base. Benefitted from the improving revenue mix, expanding user base, and higher charger utilization, the Group recorded a significant improvement in gross profit margin by 7.0 percentage points (“p.p.”) to 24.8% (2024: 17.8%), leading to an increase in gross profit of 13.9% yoy to HK$31.1 million (2024: HK$27.3 million), despite the decrease in total revenue. Along with stabilizing cost performance, the Group recorded a narrowing loss and a shrinking adjusted LBITDA for the Year of HK$115.2 million (2024: a loss of HK$144.2 million) and HK$34.4 million (2024: HK$41.2 million), respectively. Strengthening Leading Market Position in Hong Kong During the Year, the Group continued to expand its public charging business (Cornerstone GO) in Hong Kong. On the one hand, the Group entered into strategic collaborations with major automotive brands, including BYD, Xpeng, and Aion, becoming their preferred partner for EV charging solutions. By working closely with major car brands and offering charging credit bundles with new EV purchases, the Group has successfully boosted user acquisition and network utilization, with HK$5.4 million of charging credits sold in 2025. On the other hand, the Group also strengthened its strategic alliances with leading property developers and introduced preferential charging programs for partnered fleet operators to further drive penetration. As a result, as of 31 December 2025, Cornerstone GO has established a service network covering over 120 strategically located parking facilities with over 1,900 charging spots. Supported by the platform’s reliability, extensive coverage across key retail and commercial hubs, and its intuitive mobile app, membership growth remained robust, surpassing 76,800 users by year-end, laying a solid foundation for recurring revenue growth. Meanwhile, Cornerstone HOME, the Group's private service subscription business for resident buildings, also saw strong growth in its user base, reaching 1,117 subscribers by 31 December 2025. It has expanded its exclusive coverage to 51 residential car parks, incorporating its proprietary load-management system to optimize power distribution and ensure grid stability. This technological advantage reinforces its position as Hong Kong’s most trusted and preferred provider of home charging solutions. Growing Traction in the Thailand Market During the Year, the Group continued to advance its plan to become one of Thailand’s largest and most accessible public charging networks. While Thailand has shown exceptional receptivity to EV technology – reaching approximately 372,000 registrations by the end of 2025 – a significant infrastructure gap persists. With only 13,000 public chargers nationwide, the Group’s joint venture in Thailand, Spark EV, is seeing notable opportunities in the country's green transition, and is aggressively expanding its network to bridge this divide. As of 31 December 2025, Spark EV has completed construction of 181 charging stations, with 167 stations in operation. Membership in Spark also experienced exponential growth, surging from 5,895 as at 31 December 2024 to 97,129 as at 31 December 2025. To further accelerate growth, the Group has established key strategic partnerships with industry leaders, such as Grab, prominent logistics firms, and major automotive brands, all of which support high utilization across its network. Financially, although utilization rates for newly commissioned stations typically require a ramp-up period to build public awareness and membership growth, current performance has already significantly exceeded initial projections. The stronger-than-expected engagement underscores the robust demand for the Group’s infrastructure, reflecting the rapid adoption of EV charging solutions across its key markets. Outlook Riding on the momentum of the global EV and EV charging development, the Group is poised to expand its market presence and gain further market share in key markets. In Hong Kong, the Group will rapidly scale Cornerstone HOME and Cornerstone GO, boosting recurring income performance to ensure cash flow and long-term business sustainability. The Group will further strengthen its leading position in Hong Kong by expanding its charging network to support higher customer conversion, including active collaboration with ESSO oil and gas stations to build more EV charging stations across the city. The Group will also tap into commercial vehicle charging to expand its addressable market. Supported by the Hong Kong Government’s roadmap for zero vehicular emissions and subsidies for the deployment of 3,000 electric taxis and 600 electric buses, the sector is positioned for rapid growth. To capture these evolving opportunities, the Group has deepened its strategic collaborations with prominent taxi associations and logistics leaders, establishing itself as the ideal partner to power the city’s evolving transport landscape. To enhance user engagement and technology efficiency, the Group is preparing to launch a comprehensive loyalty program to incentivize frequent charging and reward its growing user community. This is expected to increase charging frequency, lower maintenance costs, and significantly raise station uptime, further improving the unit economics of the Group’s charging network. Regarding its overseas development, the Group will further strengthen its presence in Thailand and explore new opportunities across Southeast Asia. In addition to Thailand, the Group is finalizing a collaboration with Grab in Indonesia to provide charging solutions for its electric fleet. The Group is also actively exploring the Malaysian market, aiming to diversify its revenue mix and support accelerating growth. Mr. Yip Shiu Hong, Chief Executive Officer and Executive Director of Cornerstone Technologies, said, “We are encouraged by the notable progress over the past year, marked by a steadily expanding user base, a growing charging network, a broader geographical footprint, and an increasing emphasis on high-margin business. These advancements have translated into growing recurring income contributions from our Cornerstone GO and Cornerstone HOME, as well as a significant improvement in our gross profit margin, which underscores the strength and scalability of our business model.” “Looking ahead, we remain focused on driving higher network utilization and enhancing the unit economics in Hong Kong. We are also dedicated to accelerating our expansion across Thailand and the wider Southeast Asia region. Originally built around BCP’s network of gas stations, we are now planning a phase 2 expansion for our Thailand operations, tapping into diverse commercial and residential locations to further broaden our footprint. We have also made initial contacts in Malaysia and Indonesia, looking to replicate our success in Thailand to further expand our revenue streams. As electric vehicle adoption continues to gain momentum, we believe we are well-positioned to be a key beneficiary of the increasing demand for EV charging infrastructure. Through strategic initiatives and disciplined execution, we have strong confidence to deliver profitability in the short-term future.” -End- About Cornerstone Technologies Cornerstone Technologies Holdings Limited (8391.HK) is a leading provider of electric vehicle (EV) charging solutions in Hong Kong, offering integrated charging systems, charging equipment, and related accessories, as well as consultancy, installation, maintenance, and leasing services for charging infrastructure. In Hong Kong, its comprehensive solutions include private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO), with the latter already in operation across 118 strategic car parks, totaling over 2,000 charging points and more than 84,000 members. The Company is also expanding beyond the Hong Kong market, entering Thailand under the brand name of Spark EV, and actively exploring high-potential markets such as Malaysia and Indonesia. This press release is issued by DLK Advisory Limited on behalf of Cornerstone Technologies Holdings Limited. For enquiries, please contact: DLK Advisory Tel：+852 2857 7101 Fex：+852 2857 7103 31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 31/03/2026 / 09:31 UTC+8 According to Zhitong Finance App, despite mounting challenges in 2025, including aggressive price cuts by Chinese OEMs and intensifying competition, Wuling Motors (00305.HK) delivered a resilient performance underpinned by a diversified business portfolio and effective strategy execution. During the reporting period, Wuling Motors (the Group) recorded a total revenue of RMB 8.25 billion, representing a year-on-year increase of 3.8%. Its net profit reached RMB 172 million, up 54.3% year-on-year, while the profit attributable to shareholders amounted to RMB 78.99 million, marking a year-on-year increase of 56.0% and suggesting a notable improvement in overall profitability. As the Group’s “anchor” business, the automotive parts segment achieved a full-year revenue of RMB 5.788 billion, representing a year-on-year increase of 6.0%. The operating profit from this segment rose to RMB 185 million, up 20.3% year-on-year. Within its existing business foundation, the Group continued to expand new business with core customers including SGMW, Chery and Great Wall Motors, and secured 61 product supply orders across multiple key models of SGMW. For incremental markets, the Group successfully entered the supply chain systems of eight OEMs, including Seres AITO, SAIC Maxus and GAC Group, while actively engaging with emerging players such as Xpeng and Xiaomi on technical solution development. Meanwhile, the automotive power supply system segment turned profitable, delivering a full-year revenue of RMB 1.815 billion, representing a year-on-year increase of 4.5%. The Group continued to optimize its manufacturing footprint, strategically adding two production bases (Rizhao and Wuxi) in China, while advancing the preparation of its Vietnam facility to accelerate penetration into overseas markets, including Southeast Asia. In the high-end sector, the Group’s self-developed products, such as the 194-platform three-in-one electric drive axle and the high-power coaxial axle, achieved meaningful reductions in both cost and weight through highly integrated design. With industry leading NVH performance, these products have been supplied to OEMs including Great Wall Motors, JAC and Changan Kaicheng. Beyond the steady growth of its core businesses, Wuling Motors is accelerating its expansion into high-potential emerging segments. The unmanned logistics industry is currently transitioning from technical validation to large-scale commercialization, while facing challenges related to mass production capabilities and increasingly stringent regulatory requirements. These challenges underscore the Group’s core competitive strengths. The Group holds a market share exceeding 50% in key chassis components such as drive axles for urban logistics vehicles. Leveraging years of experience supplying urban and inter-city commercial vehicles, the Group has established mature technical pathways, sufficient production capacity and effective cost control that meet the cost reduction demands of logistics operators. In addition, the Group has comprehensive automotive-grade R&D and system integration capabilities. Building on its deep technical expertise and market insight, Wuling Motors established Yuancore Drive in November 2025, focusing on the R&D, production and system integration of drive-by-wire chassis and low-speed intelligent autonomous vehicles. A series of products has since been developed, and a strategic cooperation agreement has been signed with Desay Battery to accelerate commercialization. By further strengthening its traditional businesses while deepening its presence in emerging segments, Wuling Motors has established a clear growth matrix guided by its diversification strategy. As the automotive industry undergoes rapid transformation, the Group is charting a distinctive upgrade path, supported by its technological capabilities and manufacturing strengths. 31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 30/03/2026 / 10:24 UTC+8 Hong Kong - March 30, 2026 - (SeaPRwire) - In the complex and ever-changing global economic and trade environment, Hong Kong's status as an international financial center remains pivotal. To help enterprises more effectively connect with global capital and convey brand value, renowned media service provider SeaPRwire (https://seaprwire.com) announced today that it has further consolidated and expanded its media distribution network in Hong Kong and the Greater China region. This strategic move will significantly enhance corporate financial PR efficiency and the depth of brand exposure in this region. The Greater China region, particularly the Hong Kong market, gathers top-tier global investment institutions, analysts, and financial media. SeaPRwire's network consolidation this time focuses on opening up a fast track "from information release to capital attention." The platform not only strengthened cooperation with local mainstream Chinese and English financial newspapers, magazines, and high-traffic financial portals in Hong Kong but also deeply integrated professional financial information terminals radiating across the Greater China region. This means that corporate financial reports, financing information, or major strategic adjustments released by enterprises can be pushed to the desks of professional investors with extremely high priority. Furthermore, targeting the increasingly booming technological innovation and new consumption waves in the Greater China region, SeaPRwire simultaneously expanded its media matrix across multiple vertical fields such as technology, venture capital, fashion, and health. Whether it is a unicorn enterprise seeking listing voice in Hong Kong or a multinational brand hoping to expand business in the mainland and the Greater Bay Area, all can achieve precise penetration of target audiences through SeaPRwire's customized distribution links. "Hong Kong is not just a distribution window; it is a vital bridge for global capital to perceive China and for Chinese enterprises to go global," pointed out SeaPRwire's head of Greater China. "By consolidating this core network, we aim to provide clients with more deterministic communication results, leveraging authoritative media endorsements and extensive channel coverage to escort enterprises' business voyages in the Greater China region." About SeaPRwire SeaPRwire is Asia’s leading AI-driven earned media management platform, purpose-built to empower PR and communications professionals. Through its flagship Branding-Insight Program, the platform connects clients to over 80,000 journalists and an influencer matrix reaching 300 million followers. Leveraging advanced AI, SeaPRwire helps users identify media targets, personalize pitches, and measure PR impact across key APAC markets, including Japan, China, Korea, and Southeast Asia. Media Contact Company: SeaPRwire Contact: Media Relations Team Email: cs@seaprwire.com Website: https://seaprwire.com 30/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 29/03/2026 / 16:03 UTC+8 Press Release (For immediate release) China XLX Announces 2025 Annual Results Deepening efforts in reducing costs, enhancing efficiency, strengthening competitiveness through differentiation and driving marketing transformation 2025 Annual Results Highlights: Profit attributable to owners of the parent after deducting non-recurring items grew by 1.2% YoY to approximately RMB 932 million. Dividend payment increased by 23.1% YoY to RMB 32 fen per share. The ratio of long-term to short-term borrowings improved from 6:4 at the beginning of the year to 8:2 at the year end with finance cost dropped by 3% YoY. The Group’s liquidity and capital structure was thus further optimized. Development of the Xinxiang New Chemical Materials Project and the Zhundong Production Base progressed smoothly. The Group’s share in domestic fertiliser market is expected to grow by 6 percentage points upon the full operation of five production bases. (29 March 2026, Hong Kong) China XLX Fertiliser Ltd. (“China XLX” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) (stock code: 01866.HK) announced that the Group’s revenue for the year ended 31 December 2025 grew by 9.6% year-on-year to approximately RMB 25.35 billion. Profit attributable to owners of the parent for the period amounted to approximately RMB 932 million, down by 36.1% year-on-year and up by 1.2% year-on-year if non-recurring items were deducted. In order to reward shareholders for their long-term support and to send a positive signal to the capital market, the Board of Directors, after comprehensive consideration of the Group’s actual operating performance and future strategic plans, proposed to distribute a final dividend of RMB 32 fen per share, up by 23.1% year-on-year. During the review period, the supply glut of domestic coal chemical-related market dragged down the selling prices of products and weighed on the industry’s overall operating results. The Group adhered to the core profitability model of “low cost + differentiation” and focused on “project development” and “marketing transformation”. While making continuous efforts in reducing costs and increasing efficiency, it reinforced the competitive edges through differentiation and advanced the strategy of marketing transformation, thereby ensuring the stable operation of overall business. During the review period, revenue from urea sales reached approximately RMB 6.83 billion, down by 6% year-on-year. Due to the decline in feedstock prices, urea selling price was sluggish in the first quarter and led to a 10% year-on-year decrease in the average selling price for the year. On the other hand, driven by relaxed export controls and the unleashing of demand for winter stockpiling, urea prices rebounded quarter by quarter afterwards. It is noteworthy that the selling price in the fourth quarter climbed by 3% from previous quarter. In order to mitigate the adverse impacts of declining prices, the Group fully capitalized on the opening of export window to expand overseas sales with a primary focus on increasing the proportion of exports to Southeast Asia. As a result, the urea export volume substantially grew, leading to a 3% year-on-year increase in urea sales volume for the year. Revenue from compound fertiliser sales amounted to approximately RMB 6.92 billion in the year, up by 15% year-on-year. In a market environment characterized by misalignment in price transmission, the Group leveraged its nationwide network of small-scale production bases to accelerate marketing transformation and to strengthen agrochemical services, resulting in a 19% year-on-year increase in the sales volume of compound fertiliser. Nevertheless, owing to the national policies to stabilize selling prices and supply, the transmission of feedstock costs to the product prices was delayed, creating a temporary operational pressure arising from “lower prices amid rising costs”. Besides, farmers delayed fertiliser stockpiling, leading to a 3% year-on-year decrease in the average selling price of compound fertiliser. Revenue from methanol sales in the year surged by 37% year-on-year to approximately RMB 3.67 billion. As domestic economy steadily picked up and the capacity utilization of chemical sector improved, the downstream demand for methanol gradually recovered. As a result, the sales volume of methanol jumped by 43% from the previous year. On the other hand, methanol imports from the Middle East climbed to a record high due to geopolitical tensions. The average selling price of methanol hence dropped by 4% year-on-year on ample supply in the market. With the successful commissioning of Jiujiang Phase II Project, the Group possessed more low-cost, high-quality production capacity. It became a benchmark for the Group’s development of large-scale project and capacity optimization plan. Meanwhile, the construction of the new chemical materials project at the Xinxiang Production Base and the Zhundong Production Base progressed as planned. When all of five major production bases come on stream, the Group’s share in domestic fertiliser market is expected to increase by 6 percentage points. Leveraging its large-scale synthetic ammonia production bases, the Group had established multiple small-scale compound fertiliser bases across the country. Benefiting from their proximity to end-user markets, the Group further strengthened the nationwide marketing network. In order to safeguard the financial security and ensure its stable operation, the Group promoted steady and orderly development of large-scale production bases and projects in accordance with the development strategy for next three years, with investment in new projects and new production bases increasing by approximately 24% year-on-year. At the same time, the Group continued to optimize the debt structure, strengthening its financial stability and ensuring the orderly development of projects through medium- and long-term low-cost financings. The Group further optimized the borrowing structure through the expansion of medium- and long-term financings. As a result, the ratio of long-term to short-term borrowings improved from 6:4 at the beginning of the year to 8:2 at the year end, thus further enhancing its liquidity and capital structure. During the period, the Group completed the replacement of high-interest loans worth approximately RMB 9.24 billion, including all prior high-interest financial lease loans. The borrowing interest rate thus reduced by 0.5 percentage point. While the Group continued to proceed with its development strategy and to increase the cash resources, its finance costs still dropped by 3% year-on-year. Looking ahead into 2026, Mr. Liu Xingxu, Chairman of China XLX, said: The general trend of domestic urea market for the year will see “ample supply, stable demand and export controls”. Despite the persistence of supply glut, the arable land area is expected to further expand under the support of national policy to ensure grain production. Therefore, agricultural demand is likely to grow. At the same time, the government is expected to further relax export controls and it cannot be ruled out that the export volume will be increased to optimize the demand and supply condition in the market. The imbalance condition of the urea market will see phasal improvement. All in all, the urea price for this year will remain stable, and the selling price is expected to grow steadily in the first half amid robust agricultural demand for farming peak season. Regarding project development, the trial run of the synthetic ammonia production facility at the Xinxiang New Chemical Materials Phase I Project (with capacity of 570,000 tons) goes smoothly. Most of its indicators perform well. Through energy-saving renovation of key equipment and optimization of production process, the project's production costs are expected to decrease by approximately 8% when compared with the Group's existing production facilities. Meanwhile, the development of the Zhundong Production Base Phase I is progressing steadily as planned and it is expected to be put into operation by the end of this year. With an access to local feedstocks, this project will enjoy significant benefits from low-cost feedstocks. Upon the commencement of its operation, the Group will reinforce the market leadership in terms of production capacity and energy efficiency, thereby laying a solid foundation for it to implement large-scale expansion and enhance its market competitiveness in the future. ~ END ~ About China XLX Fertiliser Ltd. China XLX Fertiliser Ltd. is one of the largest and most cost-efficient coal-based urea producers in China. It is principally engaged in developing, manufacturing and selling of urea, compound fertiliser, methanol, dimethyl ether, melamine, furfuryl alcohol, furfural, 2-methylfuran, pharmaceutical intermediates and related differentiated products. The Group adheres to the development strategy of “maintaining overall cost leadership and creating competitive differentiation" while strengthening the core fertiliser operations. With support of the resources in Xinxiang, Xinjiang and Jiangxi, it extends the value chain to upstream new energy and new materials and diversifies into coal chemical related products. The Company’s shares (stock code: 01866.HK) are traded on the main board of the Hong Kong Stock Exchange. Investor and Media Enquiries China XLX Fertiliser Ltd. Gui Lin Tel: 86-135-6942-3415 Email: gui.lin@chinaxlx.com.hk PRChina Limited David Shiu / Liky Guo Tel: 852-2522 1368 / 852-2522 1838 Email: dshiu@prchina.com.hk lguo@prchina.com.hk 29/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 27/03/2026 / 23:12 UTC+8 【For Immediate release】 Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Announces 2025 Annual Results* * * Recorded Revenue at approximately HK$775.3 million Continues to implement Dual‑engine Strategy of Electronic Manufacturing Services and New Energy Businesses to Build a “Greater Asia New Energy Business Network” (Hong Kong – 27 March 2026) Trio Industrial Electronics Group Limited (“Trio Industrial” or the “Group”; stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, today announced the annual results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2025 (the “Year”). During the Year, the overall operating environment remained challenging. Europe and North America continued to be the Group’s major markets, where operating conditions were affected by relatively tight interest rate conditions, ongoing geopolitical tensions and the implementation of the revised tariff policy in the United States. In response, many customers adopted a more prudent procurement approach, focusing on inventory management and adjusting their purchasing strategies, which led to weaker demand during the Year. As a result, the Group’s revenue for the financial year 2025 decreased by approximately 23.1% year‑on‑year to approximately HK$775.3 million. Nevertheless, the Group maintained stringent cost control and optimised its staffing and labour structure, resulting in a decrease in overall administrative expenses compared with last year. Overall, the Group recorded a gross profit of approximately HK$139.6 million for the financial year 2025, representing a decrease of approximately 25.5% compared with the previous year, while gross profit margin decreased by 0.6 percentage points from 18.6% to 18.0%. The Group recorded a loss attributable to owners of the Company of approximately HK$35.4 million for the Year. The Group maintained a healthy financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$140.5 million and a net cash position (cash and cash equivalents less borrowings). The current ratio was approximately 2.7 times, similar to that as at 30 June 2025 and 31 December 2024. To navigate the complex and evolving global market environment, Trio Industrial is accelerating the implementation of its joint design manufacturing strategy, deepening cooperation with key customers and enhancing value‑add and profit potential from the product design stage, while strengthening long‑term customer relationships. In line with this direction, the Group is actively recruiting professionals who possess both technical expertise and market insights to enhance its global sales and engineering teams, further expand market coverage and support future business growth. In terms of global manufacturing network, the Group’s Thailand production facility serves as a strategic export base for the United States of America and Southeast Asian markets, providing greater flexibility in addressing geopolitical developments and tariff barriers. The Group’s manufacturing facility in the United Kingdom commenced operation in the second quarter of 2025 to serve local customers in Europe and strengthen supply chain security. The Group is also establishing a new manufacturing facility in the United States of America, which is expected to commence operation in the second half of 2026. With a manufacturing network spanning the PRC, Thailand, the United Kingdom and the upcoming facility in the United States of America, the Group is able to offer global customers diversified regional supply assurance and flexibility in response to geopolitical changes and the reshaping of trade patterns. This network not only enhances supply chain resilience, but also underscores the Group’s competitive advantage of “global manufacturing, local services”. In the new energy sector, while optimising the operations of its electronic manufacturing services business, the Group has continued to expand its business from electric vehicle charging manufacturing and charging station operation to include energy storage and distributed energy applications, thereby building an integrated “charging–storage–energy services” business model and further consolidating its position along the new energy value chain. Leveraging the “Belt and Road” Initiative, the Group has established first‑mover platforms in Central Asia and Southeast Asia and is advancing distributed energy storage and e‑mobility projects with regional demonstration effects, injecting new momentum into its medium‑ to long‑term growth. In Kazakhstan, the Group has partnered with Sinooil (a subsidiary of China National Petroleum Corporation) to deploy electric vehicle charging infrastructure and digital advertising facilities at approximately 140 Sinooil petrol stations across the country, creating a scalable platform for the Group’s integrated energy and media business. The Group has established four EV charging stations in Kazakhstan, one of which adopts a “solar‑storage‑charging” configuration, integrating Deltrix EV charging infrastructure, energy storage systems, digital advertising kiosks and intelligent car‑wash facilities. While providing EV charging services, these sites also create a comprehensive ecosystem that combines energy services, digital advertising, automatic car‑wash facilities and convenience retail. This integrated advertising platform is also designed to support Chinese enterprises in expanding into Central Asia and to strengthen the Group’s presence in the regional outdoor media market. Building on this strategic platform in Central Asia, the Group is also expanding its new energy business in Southeast Asia, with the Philippines as the first market in the region. The Group is rolling out Deltrix‑branded electric motorcycles and battery‑swapping projects, offering an integrated “vehicle–battery–cabinet” solution for e‑mobility, which is a typical distributed energy storage application. At the same time, the Group is developing other distributed energy storage solutions for residential, commercial and industrial applications, further broadening its portfolio of new energy products and services in the region. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite the continued challenges in the global economic environment, we remain confident in the long‑term trends of industrial electrification, sustainable energy and intelligent development. The Group’s strength lies in combining its expertise in electronic manufacturing with new energy technologies, and in driving business development through a multi‑country manufacturing footprint and technology‑driven execution. Over the next three years, we will focus on business areas with sustainable growth potential, strong technology orientation and clear market demand to further enhance the Group’s earnings quality and cash flow performance.” “At the same time, we will promote deeper integration of artificial intelligence and the Internet of Things to build the ‘Group Intelligent Energy Brain’, using data to drive operational efficiency and transparency in energy management, and ultimately achieve the transformation from a manufacturing enterprise into an intelligent energy ecosystem platform. We believe that by continuously optimising operational efficiency and advancing the integrated development of ‘new energy + new media’, Trio Industrial will further strengthen its competitive advantages amid a rapidly changing market environment, open up high value‑added and sustainable growth opportunities and create long‑term value for shareholders.” - End - About Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Trio Group is a leading Hong Kong-based manufacturer and supplier of advanced industrial electronic components and products, with over 40 years of industry expertise. Specialising in power supply solutions, the group serves key sectors such as energy efficiency and medical electronics. As the first Hong Kong electronics supplier to achieve Industry 4.0 maturity certificate - industry 4.0 1i level. Trio Group integrates smart manufacturing and innovative technologies to deliver high-performance solutions, earning a strong reputation as a trusted partner for numerous globally recognised brands, primarily in Europe and North America. In response to the growing emphasis on ESG (Environmental, Social, and Governance) principles and the urgent demand for decarbonisation, Trio Group is strategically expanding into the renewable energy sector through its proprietary brand, Deltrix. The company is actively developing solutions in: EV charging infrastructure Solar energy storage systems Smart power management Charging network deployment With a focus on Central Asia and Southeast Asia, Trio Group is committed to advancing green technology innovation, positioning itself as a key player in the global energy transition while driving sustainable business growth. By leveraging its technical expertise and forward-looking strategies, the group continues to reinforce its role in shaping a low-carbon future. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For further information, please contact: DLK Advisory 金通策略 Email: pr@dlkadvisory.com Tel: +852 2857 7101 File: 1710_2025AR_press release_EN_20260327_FINAL 27/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 27/03/2026 / 21:31 UTC+8 Record-Breaking Revenue of HK$586.2M and EPS Surged to HK$1.56 Cents Dividends Distributed for Two Consecutive Years Embarks on Innovation-Driven Transformation to Become a Global Pioneer in Regenerative Medicine (27 March 2026 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its annual results for the year ended 31 December 2025 (the “Year”). Key Accomplishments in 2025 During the Year, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include: During the Year, the Group delivered record-breaking financial results, with revenue recorded a 6.0% year-on-year (“YoY”) increase, reaching approximately HK$586.2 million. Profit for the year soared by 12.7% YoY to approximately HK$93.3 million, and net profit margin increased by 1.0 percentage points YoY to 15.9%, marking a historic high. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY or a CAGR of 18.55% from 2023 to 2025. The Group generated solid cash from operations in the Year, operating cash flow and free cash flow increased by 32.7% and 27.3% YoY, respectively. Cash ratio increased from 0.53 times at the end of 2024 to 1.63 times at the end of 2025. The cash conversion cycle improved from 124 days to 107 days, highlighting greater operating efficiency. Backed by sustainable earnings and a healthy cash flow, the board of directors (“Board”) has declared a dividend payment for 2025 of HK$0.313 cents per share. Since its official launch in March 2024, Bogutai® has sustained strong growth momentum, driven by a solid commercialization strategy and successful academic engagement. In 2025, Bogutai® demonstrated rapid market adoption in China, achieving a remarkable year-on-year revenue growth of 111.0%. In May 2025, the Group’s second ophthalmology product, 金因康® (Diquafosol Sodium Eye Drops), received marketing approval from the China National Medical Products Administration (“NMPA”), marking a significant milestone in expanding the Group’s ophthalmic portfolio following GeneSoft®. The Group is actively preparing its launch and marketing strategy. In addition to leveraging synergy with GeneSoft® and its established online and offline distribution network for rapid market penetration, 金因康® will specifically target the mid-to-high-end segment of dry eye patients outside the hospital setting, those who prioritize long-term efficacy and premium product quality. In June 2025, the Group officially launched the high-end series GeneQueens® of 肌顏態® and the medical device brand 金因敷®, marking two key milestones in its strategic expansion into the integrated“Drug, Medical Device, and Aesthetics”field. These product launches reflect the Group’s commitment to enhancing its skin health product matrix and addressing evolving consumer needs for efficacy-driven, medical-grade skincare in both functional skincare and post-aesthetic recovery. In July 2025, the marketing application of Isavuconazonium sulfate capsules were officially accepted by the NMPA. Isavuconazonium sulfate capsules are expected to be approved for launch as early as the fourth quarter of 2026, offering a safer, more effective, and high-quality treatment option for patients suffering from invasive fungal infections. In 2025, the Group established a strategic partnership with Wenzhou Medical University to explore a thermosensitive gel formulation combining EGF and bFGF, leveraging the university’s proven expertise in bFGF production. As a key growth factor in regenerative medicine, bFGF is highly effective in promoting granulation and angiogenesis. Towards the end of 2025, the Group repositioned its long-term strategy from “Stable Growth” to “Innovation-Driven,” signifying a bold transformation from an integrated pharmaceutical company into a global pioneer in regenerative medicine. The Group is advancing a transformative R&D strategy spanning four key areas: muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration. Annual Results For 2025, the Group recorded a revenue of approximately HK$586.2 million, representing an increase of 6.0% YoY. Revenue from Bogutai® increased from approximately HK$ $63.5 million to approximately HK$ 134.0 million, representing a significant increase of 111.0%. Revenue generated from GeneTime® was approximately HK$220.4 million, representing an increase of 10.9% YoY. GeneSoft® recorded a 7.9% YoY decrease in revenue from approximately HK$41.9 million to approximately HK$38.6 million due to intense market competition. Pinup® recorded a decrease of 29.4% in revenue from approximately HK$244.2 million to approximately HK$172.5 million for the Year. In 2025, the Group adopted a more disciplined and selective hospital-supply strategy under volume-based procurement (VBP) to safeguard margins, particularly in regions where policy adjustments intensified price competition. At the same time, the Group accelerated diversification into pharmacy networks beyond traditional hospital channels and optimized its supply chain to improve cost and profitability. In 2024, Boshutai® was successfully included in the VBP by the Henan Seventeen Provinces Alliance and the procurement validity period is set for two years. Hospitals in many provinces began procuring Boshutai® in 2025. Following the destocking and a low base in 2024, revenue from Boshutai® increased from approximately HK$10.2 million to approximately HK$15.5 million, representing a significant increase of 51.9%. 肌顏態® generated approximately HK$2.8 million in revenue in its early stage. The limited revenue scale reflected several factors, including a relatively small number of products approved and launched during the Year, and the fact that specialized marketing and distribution teams were still being built and optimized. Gross profit was approximately HK$487.6 million, representing an increase of 5.7% as compared with approximately HK$461.1 million in 2024, and gross profit margin increased by 0.2 percentage points YoY to 83.2%. The Group delivered another year of record-breaking profit, achieving approximately HK$93.3 million for the Year, representing an increase of 12.7% YoY. Net profit margin increased by 1.0 percentage points YoY to 15.9%. These results demonstrate the Group’s success in converting product innovation into market value through strong commercialization execution and financial discipline. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY. Prospects Regenerative medicine has emerged as a rapidly developing field, focused on repairing, replacing, or regenerating damaged tissues or organs using cells, tissues, or genetic material. The sector has the potential to treat and address the underlying causes of chronic and advanced diseases. The global regenerative medicine market was approximately USD51.7 billion in 2025. It is projected to grow from USD63.0 billion in 2026 to USD555.6 billion by 2034, representing a compound annual growth rate (CAGR) of 31.3%. The increasing prevalence of chronic and hereditary diseases, together with rising healthcare expenditure in both developed and emerging markets, is expected to support continued growth in the regenerative medicine industry. Mr. Kingsley Leung, Chairman of Uni-Bio Science, commented, “In 2025, we are proud to have delivered another year of record profitability, marking a significant milestone in our growth journey. During the year, we entered a new phase of strategic development. In anticipation of an increasingly favorable market environment, we advanced our strategic transition from ‘stable growth’ to ‘innovation-driven’ development, with a clear focus on four diversified therapeutic areas: musculoskeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration. With multiple products progressing through our pipeline and accelerating toward commercialization, the Group has continued to broaden its marketing channels. In addition to strengthening our established offline hospital networks, deepening partnerships with local distributors, and hosting academic conferences, we have actively expanded into online e-commerce platforms to enhance product accessibility and extend our market reach. Our ambitions extend well beyond China. During the year, we formed a strategic partnership with Kexing Biopharm to accelerate the global expansion of Bogutai®. Through this collaboration, we have granted Kexing Biopharm exclusive commercialization rights for Bogutai® in six international markets—Saudi Arabia, Egypt, Morocco, Colombia, Argentina, and Mexico—laying a solid foundation for global growth. We expect these markets to begin contributing revenue as early as the end of 2026. At the same time, we are advancing the FDA approval process for Bogutai® in the United States, aiming for approval as early as 2027. In December, we also entered into a strategic collaboration with Wenzhou Medical University and the People’s Government of Ouhai District, Wenzhou, to foster a synergistic ‘government–university–enterprise’ model, further strengthening our capabilities in regenerative medicine. Supported by strong partnerships with local governments and leading academic institutions, we are well positioned to build a world-class biomedical ecosystem and enhance our end-to-end innovation capabilities.” About Uni-Bio Science Group Limited Uni-Bio Science Group Limited is an innovative biopharmaceutical enterprise listed on the Main Board of The Stock Exchange of Hong Kong Limited in 2001 (Stock Code: 00690.HK). The Group is committed to powering the advancement of regenerative medicine with next-generation synthetic biology and complex peptide innovation. Focusing on four core research areas—muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration—the Group has built a diversified product pipeline encompassing innovative biologics, high-value generic drugs, and medical aesthetics. The Group operates GMP-compliant production bases in Beijing, Dongguan, and Shenzhen, with fully integrated capabilities spanning R&D, manufacturing, and commercial sales. Uni-Bio Science Group is dedicated to be the global leader in regenerative medicine, redefining how science restores and extends human life. For further information, please contact: ir@uni-bioscience.com 27/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 27/03/2026 / 18:36 UTC+8 On March 27, 2026, Hong Kong-listed Xunce Technology (03317.HK) released its 2025 annual results, delivering a standout performance that captured market attention. The company achieved full-year revenue of RMB 1.285 billion, representing year-on-year growth of 103.28%, crossing the RMB 1 billion revenue threshold. Adjusted net loss narrowed to RMB 54.85 million, a significant improvement of 33.31% from the previous year. More importantly, the company achieved adjusted net profit of RMB 50.13 million in the second half of 2025, marking its first semi‑annual profitability and confirming a clear inflection point. In terms of growth trajectory, first‑half revenue was RMB 198 million, while second‑half revenue surged to RMB 1.087 billion, a 449.32% sequential increase. This explosive growth closely aligns with the concentrated release of enterprise demand for real‑time data as AI models entered a phase of large‑scale deployment. As the AI industry shifts its focus from "model training" to "inference at scale," the strategic importance of data infrastructure is being fundamentally rewritten. Behind these results lies Xunce Technology's value realization as a core player in AI‑driven real‑time data infrastructure, signaling the arrival of a new era driven by the token economy. Financial Inflection Point: More Than Growth – A Qualitative Shift What makes Xunce's 2025 results particularly compelling is not just the revenue growth, but the simultaneous improvement in profitability and growth trajectory. The shift in profitability carries even greater significance. Full‑year adjusted net loss narrowed to RMB 54.85 million, a 33.41% improvement over 2024. Looking at the second half alone, the company achieved adjusted net profit of RMB 50.14 million – a sharp reversal from the RMB 105 million loss in the first half – marking its first semi‑annual profit. This demonstrates that the company's business model has successfully navigated the transition from scale expansion to profit generation. From a financial structure perspective, as of the end of 2025, total assets reached RMB 3.172 billion, net assets stood at RMB 2.42 billion, and cash and cash equivalents reached RMB 1.084 billion, an increase of approximately 216% year‑on‑year, providing ample "ammunition" for future strategic investments. The asset‑liability ratio was only 1.51%, reflecting minimal leverage and a very solid financial foundation. In terms of operational efficiency, revenue per employee jumped from RMB 1.22 million in 2024 to RMB 2.87 million, an increase of 135.25%, effectively doubling workforce productivity. Customer ARPU also increased from RMB 2.72 million to RMB 5.59 million, up 105.04% year‑on‑year, demonstrating a growing ability to deepen value from each client. Based on these metrics, Guotai Haitong Securities expects the company to achieve full‑year profitability in 2026. Token‑Based Pricing: From Selling Tools to Value Sharing With the arrival of the token era, the role of tokens is undergoing a fundamental shift – they are no longer simply a unit of compute consumption but have become a direct carrier of business value. Xunce's core capability lies in providing vertical AI solutions that act as an "external brain" for general‑purpose large models, ensuring that every token consumed generates a measurable business return. Xunce's solutions are deeply embedded in clients' private clouds and on‑premises systems, acting as a "data hub." Token‑based pricing means the company's revenue is directly tied to clients' AI usage – the more clients use, the more the company earns. Building on this capability, the company is accelerating the evolution of its business model. The results announcement clearly states that Xunce is transitioning from project‑based and subscription models to token‑based pricing, evolving from a traditional tool provider into an "AI Agent enabler." According to the company, token‑based revenue accounted for 5% of total revenue in early 2026, and is expected to reach 20‑30% for the full year. From a financial perspective, this model unlocks three layers of value: first, revenue structure optimization, shifting from one‑time project delivery to recurring service revenue with significantly enhanced predictability; second, improved pricing power, as the company's revenue becomes tied to the value created for clients; and third, expanded profit margins, as project delivery becomes less dependent on headcount, creating room for margin expansion. NVIDIA's "Token Factory Economics" framework is validating this trend at the industry level: competition in the AI inference phase is shifting from "who has more compute" to "who can generate greater business value from each token." Xunce, with its deep expertise in processing high‑quality data across vertical industries, is perfectly positioned at this critical juncture. Strategic Depth: From Asset Management to Robotics and Commercial Aerospace Xunce started in the asset management industry – one of the most demanding sectors in terms of data real‑time requirements and regulatory compliance – where it holds the largest market share, covering the top 10 asset management institutions in China. It was precisely in this high‑concurrency, low‑latency, strong‑consistency environment that Xunce built its full‑stack AI Data Agent technology system, covering everything from data acquisition, cleaning, and standardization to real‑time computation and large model tuning, establishing a core technological moat in millisecond‑level real‑time data processing. In 2025, the company accelerated the replication of this capability across other industries, including telecommunications, power, energy, urban operations, high‑end manufacturing, and healthcare. The share of revenue from non‑asset management businesses increased further from 61.3% in 2024 to 79.6%, reflecting a more diversified business mix. By year‑end, the company had developed over 300 data modules, enabling rapid adaptation to different industry needs through modular combinations and significantly reducing the marginal cost of cross‑industry expansion. More forward‑looking is the company's expansion into two frontier areas: robotics data platforms and commercial aerospace. These scenarios, which demand extreme real‑time performance and reliability, serve both as a testing ground for technical capabilities and as an early entry into high‑growth future markets. In addition, the company plans to steadily advance its global expansion and actively establish strategic partnerships with leading domestic and international compute providers and algorithm companies, building an integrated ecosystem that coordinates compute, algorithms, and data. Valuation Undervaluation: Value Discovery for a Token Stock in Hong Kong In March 2026, Xunce Technology was officially included in the Hang Seng Composite Index. Once it becomes eligible for the Stock Connect program, liquidity is expected to improve significantly. Currently, the company's PS ratio is about 40x, as the token‑based business model accelerates, the company's valuation offers significant room for upside, with the potential to align with large model companies such as Minimax and Zhipu. Against the backdrop of the 15th Five‑Year Plan, which explicitly calls for "building a new form of intelligent economy" and deepening "AI+," demand for real‑time data infrastructure in the AI inference era is only just beginning. Xunce has demonstrated the explosive potential of growth through its revenue doubling, validated the sustainability of its model through its second‑half profitability, and opened up a new valuation narrative in the token economy through its upgrade to token‑based pricing. 27/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 27/03/2026 / 16:02 UTC+8 Sands China, Amap and Macau Pass Sign Strategic Cooperation Memorandum to inject new vitality into Macao’s development as a City of Gastronomy (27 March 2026, Macao) Amap and Macau Pass held the “Macao City Life Launch Event” at The Londoner® Macao on March 27. The event was co-organized by Sands China Ltd. and supported by the Macao Government Tourism Office. Meanwhile, Amap, Macau Pass, and Sands China held a signing ceremony for a tripartite strategic cooperation memorandum. At the event, Amap unveiled the world’s first citywide “Flying Street View” and, together with Macau Pass, launched the “Macao Authentic Delicacies” Ranking and the “Macao City Life Support Program”. These initiatives aim to leverage AI and digital technologies to deepen the integration of culture and tourism across the Guangdong-Hong Kong-Macao Greater Bay Area, setting a new benchmark for high-quality development in the regional service sector. Maria Helena de Senna Fernandes, Director of the Macao Government Tourism Office, said Macao is stepping up efforts to integrate tourism and gastronomy, making the debut of Amap Street Stars in the city—its first stop in the Greater Bay Area—particularly meaningful. “The newly launched ‘Macao Authentic Delicacies’ Ranking will help visitors discover distinctive local businesses with greater precision and further unlock tourism spending,” she said. “Macao will continue working with all sectors to advance the high-quality development of its tourism industry.” Photo caption: “Macao City Life Support Program” Officially Launched Real Data Builds Trust, Helping Visitors Discover Macao Through Food Macao recorded over 40 million visitor arrivals in 2025, reaching a new high. To help travelers better explore the city through its culinary offerings, Amap and Macau Pass introduced the “Macao Authentic Delicacies” Ranking, covering six categories: popular dim sum restaurants, specialty dessert shops, wok-hei eateries, street-side noodle shops, local milk tea and coffee spots, and neighborhood cha chaan tengs—offering a comprehensive view of Macao’s diverse food scene. Unlike conventional rankings that rely on subjective reviews or commercial promotion, Amap Street Stars operates on a “vote with their feet” mechanism, drawing on large volumes of real navigation and in-store visit data to create a credible, data-driven evaluation system for offline services. This approach captures the essence of Macao as a "City of Gastronomy," helping visitors discover the distinctive flavors hidden in the alleyways and rich with local spirit—so travelers can truly taste authentic Macao in every choice they make. In Macao, the rankings currently cover 985 merchants, with 96 restaurants, attractions, and hotels selected for the top-tier “Champion List.” The rankings are also integrated with major attractions and curated “Citywalk” routes via a newly launched “Explore Macao with Amap Street Stars” page—creating a seamless, one-stop experience that connects discovery, decision-making, navigation, and in-store visits. World’s First Citywide “Flying Street View”: Technology Enhances the Cultural Tourism Experience Another highlight of the event was the launch of Amap’s citywide “Flying Street View” in Macao, powered by its self-developed world model. This feature allows users to explore 360-degree aerial views of the city and preview landmarks such as the Ruins of St. Paul’s and St. Dominic’s Church, while virtually navigating neighborhoods to experience local shops and street life. It is designed to simplify trip planning and significantly reduce the time and effort required to decide where to go. The feature also provides merchants with a powerful new way to showcase their businesses, helping improve customer conversion. Pastelaria Yeng Kee, a heritage brand with a 98-year history, reported a 23% increase in average daily sales at its Rua das Estalagens location after adopting the feature. Similarly, local brand Matcha Macau leveraged Amap’s digital location tools and in-store reservation features to address map positioning inaccuracies and customer loss caused by overlapping street names, successfully attracting more visitors from the Chinese mainland. “Macao City Life Support Program” Aims to Help Quality Merchants Get Seen Since the launch of Amap Street Stars in September 2025, the platform has driven over 380 million visits to restaurants, attractions, and hotels across the Greater Bay Area’s 11 cities. During the 2026 Chinese New Year holiday, Macao welcomed an average of 114,000 daily visitors from the Chinese mainland, with Zhuhai, Guangzhou, and Shenzhen contributing the largest shares—highlighting the impact of the Greater Bay Area’s “one-hour living circle” on Macao’s tourism growth. To help merchants capture this growing demand, Amap and Macau Pass jointly launched the “Macao City Life Support Program,” focusing on well-known brands, heritage shops, and quality neighborhood businesses. The program provides support through four key initiatives: First, it builds “AI-powered digital storefronts”, using Flying Street View and AI service tools to help merchants improve efficiency and increase revenue. Second, it provides operational tools and professional offline training to enhance digital capabilities. Third, it invests millions in consumer vouchers and delivers tens of millions of traffic exposure to help merchants turn traffic advantage into order growth during peak travel seasons. Fourth, it collaborates with Amap’s “Authentic Explorer” influencers to create high-quality content and amplify brand visibility. Amap and Macau Pass Join Forces with Sands China to Boost Macao's Cultural-Tourism Industry with Digital Technology At the event, Amap, Macau Pass, and Sands China signed a strategic cooperation memorandum to further bolster the digital transformation of Macao’s cultural tourism industry. As a leading integrated resort operator in Macao, Sands China integrates its newly launched Sands Lifestyle membership platform into Amap’s digital ecosystem. The partnership will focus on brand marketing, smart navigation, and the digital upgrade of commercial districts. Sands China has long placed strong emphasis on the development of its F&B segment, with over 150 restaurants that range from fine dining to regional specialties. Looking ahead, Sands China will further integrate with Amap’s digital ecosystem to create a seamless, one-stop smart experience—from precise online outreach to immersive offline experiences. Dr. Wilfred Wong, Executive Vice Chairman of Sands China Ltd., said: " We are honored to be the first integrated resort operator in Macao to establish such a deep partnership with Amap. This partnership marks an important step toward empowering our dining offerings with digital technology and support the broader development of Macao’s culinary industry. Sands China will continue to deepen its digital practices, enabling visitors to explore the culinary delights of Sands China and Macao through smart technology, while injecting new momentum into Macao’s development as a Creative City of Gastronomy." Guo Ning, CEO of Amap, said “Street Stars was created to build a trusted offline service ecosystem based on real consumer choices. By enabling users to ‘vote with their feet,’ we aim to ensure that quality businesses receive the recognition they deserve. Meanwhile, this partnership marks the deep integration of Amap’s digital capabilities with Macao’s cultural tourism industry. In the future, we plan to expand cooperation into more areas and look forward to working with our partners to transform Macao’s unique appeal into measurable and shareable trust assets, setting a new model for tourism innovation across the Greater Bay Area.” As a key driver of Macao’s digital transformation, Macau Pass is leveraging over 20 years of experience in local consumer services together with Amap’s AI-powered mobility solutions. The collaboration makes it easier for visitors to discover specialty merchants on digital maps while streamlining payments to enhance customer conversion. Sun Ho, Chairman and CEO of Macau Pass, stated that the partnership with Amap and Sands China aims to harness digital technology to support local businesses, showcase Macao’s unique charm to more visitors, and invigorate the city’s economic vitality. Photo caption: Signing Ceremony of the Tripartite Strategic Cooperation Memorandum between Guo Ning, CEO of Amap; Dr. Wilfred Wong, Executive Vice Chairman of Sands China Ltd.; and Sun Ho, Chairman and CEO of Macau Pass. ### About Sands China Ltd. Sands China is the largest operator of integrated resorts in Macao. The Company’s integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company’s portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s Cotai Strip portfolio has the goal of contributing to Macao’s transformation into a world centre of tourism and leisure. For more information, please visit www.sandschina.com. About Amap China's leading provider of digital map, navigation, real-time traffic information and lifestyle services Founded in 2002, Amap is a leading provider of digital map, navigation, real-time traffic information and lifestyle services in China. With a focus on "promoting technological innovation and advancing with the ecosystem," Amap has evolved into an integrated one-stop travel and lifestyle service platform. The platform provides various transportation services covering driving, ride-hailing, buses, subways, cycling, walking, trains, and flights, as well as quality lifestyle services including dining, hotel & travel, and gas/charging. Amap is dedicated to building a new offline service credit system based on users voting with their feet. Amap will continue to develop public welfare initiatives such as barrier-free transportation and eco-friendly transportation, which have received positive recognition from the industry and users. About Macau Pass Group Holdings Limited Macau Pass Group Holdings Limited is a diversified group company engaged in various fields, including financial technology, payment services, local lifestyle services, tourism services, and cultural performances. Macau Pass Group is committed to continuous innovation and development, aiming to serve as a bridge connecting Macao with the world and promoting the common prosperity of the regional economy and culture. One of subsidiaries of Macau Pass Group, Macau Pass S.A, has issued the first contactless smart electronic payment card in Macao, the mCard, with a cumulative issuance exceeding five million cards, meeting the payment needs of all residents and tourists at nearly 30,000 payment points in Macao. Its sub-brand, MPay, registered users accounting for over 90% of the total local population and is also the local app with the highest daily active users in Macao. Macau Pass Group also operates a highly recognized and utilized membership points system in Macao, mCoin, which has partnered with various cultural, sports, and exhibition events. mPass integrates a variety of one-stop local services, providing consumers visiting Macao with a diverse range of products and services, including dining, cultural entertainment, transportation, shopping, and travel vacations, taking consumers to explore the vibrant life in Macao. Media contacts: Public Relations, Sands China Ltd. Dan Li Tel: +853 8118 2056 Email: dan.li@sands.com.mo Public Relations, Amap Song Guangping Email: songguangping.sgp@alibaba-inc.com Public Relations, Macau Pass Group Holdings Ltd. May Email: myt455242@alibaba-inc.com 27/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 26/03/2026 / 22:23 UTC+8 【For Immediate Release】 26 March 2026 Yip’s Chemical Announces 2025 Annual Results Effective Business and Product Portfolio Improvements Driving Gross Margin and Profit Growth Profit Attributable to Owners Increased to HK$137 million Proposed Final Dividend of HK12 Cents per Share Highlights: Confronted with global economic uncertainties, slowing domestic growth and mounting pressures from industry “involution”, the Group recorded a revenue of HK$2.99 billion and sales volume of 240,000 metric tonnes, representing year-on-year declines of 5.3% and 9.3% respectively. Through deepened focus on niche industry segments, product portfolio optimisation and enhancement of technology and services, coupled with the benefit of stable raw material prices, gross profit margins of the coatings and inks businesses improved over the preceding year. Overall gross profit margin of the Group rose to 25.4%, representing a year-on-year increase of 1.9 percentage points. Solvents associate company’s export sales grew strongly, driving its sales volume to a historical high of 1,800,000 metric tonnes. Though impacted by industry “involution” with margins and profits contracting, it still contributed a return of HK$79.4 million to the Group, compared with HK$96.0 million in the preceding year. Benefiting from the sustained refinement of the Group’s business and product portfolio and the effective implementation of stringent cost controls, profit attributable to owners substantially increased by 41.8% year-on-year to HK$137 million. Gearing ratio continued to be at a relatively low level of 13.4%, enhancing the flexibility of future investments in new growth projects. In the year under review, the Group completed the acquisition of approximately 60% stake in “Sino-Hypro”, and entered into the chemical vapour recovery and treatment market, providing a new growth engine for the Group. The Board recommended payment of a final dividend of HK12 cents per share. Total dividends for the year amounted to HK16 cents per share, representing a 14.3% increase as compared to the preceding year. (Hong Kong, 26 March 2026) Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) today announced its annual results for the year ended 31 December 2025 (the “year under review”). During the year under review, the operating environment remained volatile and fraught with unprecedented uncertainty. Together with weak domestic demand in the Chinese Mainland and the severe industry “involution”, the Group’s core businesses faced considerable sales pressure. Nevertheless, margins benefited from stable raw material prices and the effectiveness of the Group’s sustained cost-control measures. The Group recorded revenue of HK$2.99 billion, representing a mild decrease of 5.3% year-on-year. Overall gross profit margin improved to 25.4%, up 1.9 percentage points from last year, while profit attributable to shareholders rose to HK$137 million, representing a year-on-year increase of 41.8%. The Board recommended the payment of a final dividend of HK12 cents per share (2024 final dividend: HK11 cents per share). The Group’s cash flow and gearing ratio continued to improve and remained at healthy levels, providing greater flexibility to support future investments in new growth projects. In December 2025, the Group completed the acquisition of approximately 60% equity interest in Beijing Sino-Hypro Petrochemical Tech. Co., Ltd. (“Sino-Hypro”), a leading enterprise in chemical vapour recovery and treatment in the Chinese Mainland, marking Yip’s Chemical’s formal entry into a high‑technology and sustainability‑driven chemical vapour treatment field. Mr. Ip Chi Shing, Chairman of Yip’s Chemical, expressed, “Despite the challenging macro environment, I remain cautiously optimistic about the business outlook for 2026. In 2025, the Group successfully advanced two significant business expansion initiatives, further strengthening our long‑term competitiveness and unlock growth potential. First, the Group’s solvents associate, Handsome Chemical, has completed and commissioned its new plant in Hubei with an annual capacity of 600,000 metric tonnes of acetic acid and 600,000 metric tonnes of acetates. The new facility will continue to generate economies of scale, enhance competitiveness, and is expected to deliver steady growth in its contribution to the Group’s profitability. In addition, through close collaboration and complementary strengths with Sino-Hypro, this new business is expected to accelerate its development and become an important new member of the “leading development platform for chemical businesses” that Yip’s Chemical has been dedicated to establishing in recent years.” Chairman Ip added, “In the current macroeconomic environment, the Group will continue to uphold a prudent and steady approach, implement comprehensive cost‑reduction and efficiency‑enhancement measures, and consistently strengthen our operational efficiency and competitiveness. While driving the sustainable and healthy growth of our core businesses, we will also actively introduce high‑quality enterprises with technological capabilities and growth potential to join the Yip’s platform, thereby building a diversified and synergistic business portfolio. This will lay a solid foundation for the vision of a “Towards a Century of Revered Leadership” and create long‑term and stable return for shareholders and stakeholders.” Business Review and Outlook Coatings During the year under review, the Chinese Mainland property market showed little signs of recovery and affected by sluggish transactions in both new and existing projects, the architectural coatings business continued to face pressure in a challenging operating environment. Although the Group made efforts to expand its distributors’ network, declining demand for architectural coatings led to a drop in sales volume. As a result, the Group’s coatings business recorded a decline of 14.7% to 157,000 metric tonnes in sales volume and a mild decline of 5.3% to HK$1.38 billion in sales revenue, respectively. The industrial coatings business, as a niche segment, achieved substantial increase in sales through effective product portfolio management and the launch of products that receive high market recognition, including coatings for customised wooden furniture and functional coatings for plastic substrates. Meanwhile, resins business continued to conduct research and development of products related to automotive coatings and protective coatings, leading to growth in both sales revenue and profit. The coatings business recorded a gross profit margin of 29.8%, an increase of 3.6 percentage points compared to that of the preceding year. The segment results increased substantially by 623% to HK$52.2 million. In the coming year, the Group will leverage the momentum of the development of industrial coatings and resin products, allocating additional resources to focus on driving the growth of these business segments. The Group’s production base in Vietnam is expected to commence operations in the second quarter of 2026, enabling better service to customers across Southeast Asia in the future. In addition, the Group is also actively pursuing mergers and acquisitions of entities with technological capacities to accelerate its development. In the architectural coatings sector, the Group will focus on domestic market and adopt more pragmatic promotional strategies and in collaboration with distributors across the country to develop a more extensive online-and-offline store network to further expand market coverage. Inks During the year under review, the Group’s inks business recorded a revenue of HK$1.32 billion, representing a slight decrease of 3.3% compared to that of the preceding year. Amid a highly competitive environment, the inks business continued to gain recognition from major printing enterprises in the Chinese Mainland by offering cost-effective products and services, resulting in increased sales volume. With expanded sales volume enabling effective cost allocation and raw material prices remaining relatively low, the gross profit margin rose by 1.1 percentage points to 21.6%. However, under the pressure from overall economic environment, certain customers encountered operational difficulties, resulting in a substantial bad debt provision during the year under review. Therefore, the inks business recorded a segment profit of HK$46.3 million, representing a decrease of 40.1% compared to that of the preceding year. Looking ahead to the coming year, we will continue to fortify its strengths in packaging printing inks, further expand market share and remain attentive to potential merger and acquisition opportunities involving technology-driven inks enterprises in the market to accelerate development. Lubricants During the year under review, revenue from the lubricants business decreased by 12.4% to HK$284 million, and the gross profit margin dropped by 1.2 percentage points to 22.1%. This segment recorded a profit of HK$6.5 million, representing a decrease of 31.6% compared to that of 2024. The demand for automotive lubricants was impacted by the overall industry “involution”, thereby exerting pressure on the selling prices, gross profit and profits of “Hercules” lubricants. Looking ahead, the Group will steadily grow the sales volume of automotive lubricants by continuously optimising its product portfolio and prudently investing in the development of niche segments within the industrial lubricants market, so as to create new growth drivers for the lubricants business. Investment in Solvents Associate The Group retains a 24% effective stake in “Handsome Chemical”, the largest acetate solvents company in the world. The solvents associate recorded a strong growth of 17.2% in sales volume in 2025, reaching a historical high of 1,800,000 metric tonnes of acetates. In particular, the sales volume of exports reached approximately 760,000 metric tonnes, which served as the major force of growth. Meanwhile, it maintained effective cost control and delivered a return of HK$79.4 million to the Group during the year under review, compared with HK$96.0 million in the preceding year. Its new acetic acid and acetates solvents plant in Hubei commenced full-scale production in the second half of 2025, boosting output of acetic acid and acetate solvents, progressively realising the benefits of vertical integration and economies of scale. Under the effective leadership of the associate’s management team and in collaboration with our business partners “PAG” and “Qisheng”, the business is expected to continue its prosperous trajectory. Investment in Sino-Hypro In December 2025, the Group successfully completed the acquisition of approximately 60% equity interest in Sino-Hypro, signifying Yip's Chemical's entry into the chemical vapour recovery and treatment industry. The subsidiary not only creates new growth driver for the Group, but also contributes meaningfully to China’s environmental governance through its chemical vapour treatment technologies. With the management team and the original shareholders working in close partnership, and by combining Sino-Hypro’s strong technological foundation and Yip’s Chemical’s operational expertise, the Group is confident that the subsidiary is well-positioned for sustainable and promising development. Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, concluded, “Over the past few years, the management team has continued to strengthen the market positions of our core businesses, gradually establishing a solid profit base for the Group. Looking ahead, in addition to driving organic growth of our core businesses, we will strive to enhance the operational efficiency of Sino-Hypro, with the aim of cultivating it into a key growth engine for the Group. Simultaneously, we are actively seeking strategic investment and acquisition opportunities that align with Yip’s Chemical’s long‑term development direction, including those create synergies with our core coatings and inks businesses, thereby accelerating the development of “a leading development platform for chemical businesses”. We believe these initiatives will further consolidate profit growth, add new dimensions to the businesses and drive the Group towards a successful future.” End - About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) Founded in 1971 and listed on the Main Board of Hong Kong Stock Exchange (SEHK: 00408) since 1991, Yip’s Chemical has been dedicated to the chemical industry for more than half a century. The Group’s long-term vision is to become “a leading development platform for chemical businesses” driven by green, innovative technology, professional services and highly respected brands that enrich people’s lives. The Group’s core businesses include inks, industrial and architectural coatings, specialty resins, lubricants and chemical vapour recovery and treatment. The core businesses have established leading positions in China in their respective sectors. “Bauhinia Variegata” is the largest inks manufacturer in China; “Hang Cheung” coatings holds a leading position in China’s high-end plastic coatings segment; Bauhinia Advanced Materials Group also operates well-known brands including “Bauhinia” and “Camel” paints as well as “Da Chang” polymers; “Hercules” and “Pacoil” lubricants rank among the market leaders; “Sino-Hypro” is recognised as a leading enterprise in chemical vapour recovery and treatment in China. The Group is also a core investor in “Handsome Chemical”, the world’s largest acetate solvents producer. Leveraging its stable shareholder structure, extensive nationwide manufacturing and sales network, and a dynamic portfolio of strong businesses, the Group has built a robust foundation in the domestic chemical industry. Going forward, the Group will drive sustainable innovation in chemical operations and accelerate the development of a more scalable and resilient platform. Learn more about Yip’s Chemical on: www.yipschemical.com Media and Investor Enquiries Yip’s Chemical Holdings LimitedMs. Wing So Tel：(852) 2675 2385 Email：wing.so@yipschemical.com Fax ：(852) 2675 2345 DLK Advisory Limited Ms. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_2025AR_Press Release_EN_20260326 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 26/03/2026 / 22:07 UTC+8 [Hong Kong – 26 March 2026] Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as the ‘Group’, stock code: 09911.HK), a leading global social entertainment company, released its annual results for 2025. For the year ended December 31, 2025, Newborn Town reported a total revenue of RMB 6,889 million, marking a 35.3% year-on-year increase. Net profit for the year reached RMB 964 million, up 22.3% year-on-year. Net profit attributable to owners amounted to RMB 935 million, surging by 94.6% year-on-year, while adjusted EBITDA totaled at RMB 1,215 million, demonstrating a year-on-year increase of 26.1%. By business segment, the social networking business remained the primary revenue driver. Flagship product TopTop continued to deliver strong growth, while MICO and YoHo provided stable contributions to both revenue and profit. The innovative business segment recorded a year-over-year surge of 59.3% in revenue, with quality games and social e-commerce maintaining solid and rapid growth, while the short drama business began to gain traction. By market, the MENA region continued to demonstrate strong commercial momentum. Meanwhile, the Group accelerated its expansion into non-MENA markets, making encouraging progress in regions such as Latin America and Japan. Deepening Competitive Moat in Social Networking Business, While Innovative Business Gained Strong Momentum In 2025, the Group’s social networking business sustained strong growth, with revenue reached RMB 6,142 million, representing a year-on-year increase of 32.9%. In particular, the game-oriented social networking platform TopTop delivered exceptional results, with profit growth exceeding 100%. Revenue for TopTop grew by over 70% year-on-year. Meanwhile, the live-streaming social platform MICO and the voice-based social platform YoHo continued to reinforce their leadership in their respective segments, contributing stable revenue and profit. Leveraging its strong UGC-driven ecosystem, TopTop was steadily evolved into a household name in key MENA markets such as Saudi Arabia, and was named “Best Social Game Platform” at the Sensor Tower APAC Awards. According to Sensor Tower, TopTop ranked 5th in the Middle East social networking app revenue rankings in 2025. As the Group’s first social networking product, MICO has consistently maintained a leading position in the live-streaming social segment across markets such as the MENA region and Southeast Asia. The voice-based social platform YoHo also remained firmly positioned within the top tier of the MENA voice-based social market. According to DianDian data, YoHo ranked among the Top 10 grossing social apps on Google Play multiple times in markets including Saudi Arabia, Oman, and the UAE in 2025. Meanwhile, the Group’s diverse-audience social networking business continued to deliver steady progress. HeeSay, the flagship product of this business segment, further strengthened its presence in Southeast Asia, consistently ranking among the Top 10 grossing social apps on the App Store in markets such as Thailand and Vietnam. During the year, the Group’s innovative business recorded revenue of RMB 747 million, representing a year-on-year increase of 59.3%, working alongside the social networking business to drive steady overall growth. The Group’s flagship games have entered long-term operation stages, while the development and pipeline of new game titles are progressing steadily. The social e-commerce platform Heer Health continued its steady and rapid growth, further strengthened its presence in the fields of HIV prevention and sexual health services. Meanwhile, the Group’s short drama business, which it has been actively investing in, has begun to gain early traction. Accelerating Global Expansion with Solid Progress in Non-MENA Markets In 2025, Newborn Town significantly accelerated its global expansion. During the year, the Group continued to strengthen its competitive advantages in key markets such as the MENA region and Southeast Asia. In 2025, the Group’s core products recorded year-on-year growth of nearly 50% in business scale in the MENA region. Meanwhile, the Group also made solid progress in new markets including Latin America, East Asia, and Europe, further expanding its global footprint. In East Asia, TopTop successfully entered the high-barrier Japanese market, leveraging its differentiated positioning and refined localization strategy, and has begun to generate early monetization results. According to DianDian data, TopTop ranked 6th on the App Store free games chart in Japan in November 2025. Newborn Town continued to advance its expansion in markets such as Europe, steadily broadening its global presence. In high-value markets including Japan, South Korea, and North America, the Group is actively refining its product offerings, deepening market understanding, and exploring further potential in both user scale and monetization. In June 2025, Newborn Town officially established its global headquarters in Hong Kong, marking a new milestone in the Group’s globalization strategy. Looking ahead, the Hong Kong headquarters will serve as a coordination hub, working closely with the Group's global R&D and operations centers to support continued overseas expansion. AI Accelerated Deployment as a Full-Stack Capability “Multiplier” In 2025, Newborn Town accelerated the deployment of AI across its business, deeply embedding AI into core functions such as R&D and operations to enhance overall efficiency. Meanwhile, the Group’s AI product Aippy entered the consumer-facing AI application space, rapidly building a growing active user base since its launch. During the year, the Group continued to strengthen its core technology capabilities, further expanding the application of AI across its business processes. Its self-developed multimodal algorithm model, Boomiix, continuing to undergo iterative upgrades, improving the accuracy of social matching and advancing the intelligence of operations. Newborn Town also launched Siyu AI, an internal data intelligence platform, significantly shortened turnaround times for data queries, anomaly analysis, and report generation. Its proprietary AI-powered design platform KIVI continued to evolve, enhancing both production efficiency and content richness across key creative functions including the design of virtual gifts, campaign pages, and marketing assets, while materially shortening campaign and gifting operation cycles. During the year, the Group launched Aippy, an AI-powered community for games, exploring new ways to deliver emotional value through AI-generated content. Since launch, Aippy has received positive user feedback, achieving an App Store rating of over 4.8. Building on this momentum, the Group has also continued to ramp up recruitment of top AI talent, further strengthening its technology foundation and positioning AI as a full-stack capability multiplier across local operations, scalable growth, product innovation, and compliance enhancement. As AI became increasingly integrated with its social networking business, Newborn Town will continue to deepen its technological capabilities. By leveraging its strengths in agile product innovation, localized operations, and efficient user acquisition, the Group remains well-positioned to further expand in the global social entertainment market and create positive emotional value to users worldwide. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 26/03/2026 / 19:20 UTC+8 On the evening of March 23, Huaqin Technology Co., Ltd. (“Huaqin” or the “Company”) released a striking 2025 annual performance report. The Company achieved full-year operating revenue of RMB 171.437 billion, up 56.02% year on year; net profit attributable to parent company shareholders reached RMB 4.054 billion, rising 38.55% year on year; and non-GAAP net profit attributable to parent company shareholders stood at RMB 3.244 billion, up 38.30% year on year. Meanwhile, the Company proposed a cash dividend of RMB 12 per 10 shares. Against a backdrop of intensifying market competition and volatile raw material costs, the growth of such magnitude from a large-cap player has immediately captured market attention. Yet focusing solely on these headline figures risks overlooking the truly meaningful takeaways from this annual report. I. Strategy Enters Realization Phase, Second Growth Engine Accelerates On top of its already large revenue base, the Company still delivered 56.02% year-on-year growth, pushing annual revenue to RMB 171.437 billion and solidifying its leading position among A-share listed firms. More importantly, Huaqin’s management provided an anchor-setting medium-to-long-term guidance at the performance briefing. The Company expects 2026 revenue to exceed RMB 200 billion and clearly targets RMB 300 billion in total revenue by 2028–2029 under its "3+N+3" structure. Relative to its current RMB 170 billion scale, this target implies the Company will sustain mid-teens growth over the next 3–4 years, rather than entering the steady-state phase typical of traditional manufacturing. The sustained robust growth stems not from a passive recovery driven by a single sector rebound, but from the combined effects of expanding platform capabilities, upgraded customer structure, and mass shipment of multiple product lines. Specifically, the growth curve built around the "3+N+3" strategy — three mature business ecosystems (smartphones, laptops, data centers) plus three strategic new businesses (auto electronics, robotics, software) — has evolved from blueprint to tangible financial results, demonstrating diversified and high-value-added growth traits. 1. Diversified Growth Drivers Traditional ODM players usually rely heavily on the prosperity of a single category, especially the smartphone cycle. However, Huaqin’s 2025 growth showed clear diversification. The revenue of its basic mobile terminal business increased by 57.17% year-on-year, while the revenue of its computing and data business (PC + data center) increased by 51.93% year-on-year. The more impressive innovative business (mainly covering automotive electronics, robotics, etc.) achieved a year-on-year growth of 121.00%, with a revenue scale of RMB 3.48 billion. 2. Business Mix Shifts Toward Higher Value While mobile terminals remain the largest revenue contributor, the computing & data business — centered on data centers — now accounts for 44% of total revenue, becoming a second pillar nearly on par with mobile terminals. According to the annual report, the Company’s data center business saw sharp growth in shipments across all product lines, and it maintained a leading market share in AI servers. China Post Securities noted that Huaqin has become a core supplier to the top three global CSP (communication service providers) customers. This means the Company’s business portfolio is gaining higher value mix and strategic industry position: it has shifted from a pure consumer electronics player to a dual-engine growth model driven by consumer electronics + computing infrastructure, positioning itself in the high-certainty, high-growth computing infrastructure sector that underpins the digital future. 3.New Businesses Gain Meaningful Scale & Contribution The annual report explicitly defines robotics as a key second growth curve. The innovative business segment — robotics, auto electronics and software — posted the fastest growth among the Company’s four divisions at 121.00% year on year in 2025. Auto electronics revenue exceeded RMB 1 billion in 2025, with a target of RMB 10 billion in revenue over the next 3–5 years. Software business began contributing meaningful revenue and profit. Data collection robots entered mass production and delivery; nearly 1 million units of home cleaning robots were shipped in 2025, with a doubling of shipments expected in 2026. Notably, the Company’s operating cash flow (OCF) improved markedly in the second half of 2025. After a net outflow of RMB 1.522 billion in H1, the full-year net outflow narrowed sharply to RMB 223 million, implying a net inflow of approximately RMB 1.299 billion in H2 — a decisive reversal from the first half. This signal suggests that upfront capital expenditures (CAPEX) on procurement and inventory for business expansion has started translating into effective cash collections from customers and healthy operational quality, indicating the Company is entering a harvest phase of sustained free cash flow generation. II. Platform Capabilities Extend Outward, Tech-driven Competitive Advantage Reshapes Business Logic For a long time, limited market perception of ODM firms to their manufacturing capabilities: supply chain management, cost control, mass production, project delivery — all important, and all part of Huaqin’s foundational competitiveness. Yet viewing Huaqin merely as a hardware assembler or contract manufacturer can no longer explain its simultaneous expansion across vastly different product categories, nor its stronger positioning than many traditional ODMs in the AI hardware wave. The core logic lies in long-term invested technical capabilities moving from a back-office support system to the forefront, translating into significant commercial leverage. Unlike traditional manufacturing ODMs, Huaqin is a hardware company with strong software capabilities — rooted in its founding team’s software background and sustained investments in AI software, visual recognition and related fields. In the AI era, on-device inference and multimodal interaction have become mainstream; underlying software and system optimization directly define a hardware product’s performance ceiling and user experience. This software-hardware integration capability forms Huaqin’s core competitive differentiation. As this capability extends outward, it rapidly builds competitive barriers in new sectors. In terms of data center business, Huaqin is one of the few industry players with full-stack design capabilities across computing nodes, network nodes and liquid cooling. It leads in core technologies such as whole-machine architecture, high-speed interconnectivity and liquid cooling. Meanwhile, it has built an open and compatible ecosystem fully supporting mainstream global GPUs (NVIDIA, AMD, Intel) and domestic computing platforms. Management disclosed at the performance briefing that data center revenue is projected to grow 30%–50% in 2026, with AI servers accounting for over 70% of the mix. Switch revenue is set to double again, and “hyper-node products will enter mass production and delivery in H2 2026”. Moreover, backed by technical accumulation from its large consumer electronics hardware platform, strong computing support from AI PCs and servers, and massive test data and application scenarios from its global manufacturing footprint, Huaqin has advanced rapidly in robotics. During the reporting period, the Company established an independent robotics subsidiary Yiren Intelligent Robotics and assembled a dedicated R&D team, aiming to become a leading full-stack robotic solutions provider for the 3C manufacturing sector. With rich global manufacturing scenarios and data reserves, the Company is currently focused on industrial wheeled robots that boost production efficiency. It delivered data collection robots at scale in 2025 and expanded customer coverage in home cleaning robots. Management noted that cleaning robot shipments reached the 1-million-unit level, with doubling growth expected in 2026. The Company is also developing humanoid robots: it completed debugging of its first self-developed biped robot and plans a second generation based on NVIDIA’s Thor platform. Additionally, Huaqin provides mass manufacturing services to multiple robotics firms, expanding capacity and delivery capabilities to refine its robotics ecosystem. In intelligent driving business, Huaqin has built full-stack automotive-grade R&D capabilities covering hardware, software, HMI and testing, alongside a specialized and large-scale automotive-grade manufacturing center. It has achieved key breakthroughs and mass delivery across core product lines including intelligent cabin, ADAS, body domain and display systems, and forged deep partnerships with numerous traditional automakers, new energy vehicle makers and overseas clients. Management expects this business to double again in 2026, targeting RMB 10 billion in revenue and profitability over the next 3–5 years. In AI hardware business, the Company offers comprehensive coverage of high-growth edge AI device categories: AI phones, AI PCs, smart wearables and XR devices. Across data centers, robotics, auto electronics and AI hardware, a clear path emerges: Huaqin is not entering unrelated new industries — it is repeatedly deploying the same core capability system. This may well be the real reason Huaqin can keep expanding its business scope amid the current AI wave. 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 26/03/2026 / 09:15 UTC+8 DPC Dash Ltd 2025 Full Year Financial Results. 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 23/03/2026 / 10:09 UTC+8 Geneva, Switzerland - March 23, 2026 - (SeaPRwire) - SwissChain Holding SA, a Geneva-based holding company, announced that it has digitized its participation certificates (“Bons de participation”) by recording and transferring ownership on blockchain infrastructure. The initiative applies distributed ledger technology to a traditional Swiss corporate instrument while maintaining established shareholder protections and corporate governance standards. Implemented within the framework of Switzerland’s Distributed Ledger Technology Act (DLT Act / Lex DLT), the tokenized participation certificates retain full legal enforceability under Swiss law. The digital structure is designed to enhance the precision of ownership records, streamline settlement processes, and strengthen overall corporate recordkeeping without altering the underlying principles of Swiss corporate law. SwissChain oversees a network of specialized subsidiaries across key areas of digital finance. While individual subsidiaries are not named, their activities include trading and market-access infrastructure, licensed third-party custody, corporate treasury operations, and technology integration. This model ensures that the tokenized certificates are supported by functional, scalable infrastructure rather than conceptual models. The company also highlighted its Digital Assets Treasury (DAT) as part of its treasury strategy, with less than half of net proceeds allocated to established digital assets like Bitcoin and Ethereum. The DAT is not a fund, not an investment product, and not a trading operation. Its purpose is long-term balance-sheet diversification carried out within Swiss accounting standards. SwissChain’s tokenization initiative forms part of a broader movement within Switzerland to integrate blockchain infrastructure into traditional corporate processes. The DLT Act provides companies with a clear legal basis for issuing equity in digital form, allowing administrative functions to modernize without altering the underlying structure of Swiss corporate law. A representative for SwissChain noted that the company’s approach reflects Switzerland’s commitment to combining corporate law with technological innovation in a manner consistent with institutional expectations and regulatory clarity. For institutional inquiries, contact SwissChain Holding SA. About SwissChain Holding SA SwissChain Holding SA is a Swiss holding company that supervises a network of subsidiaries across digital-asset infrastructure. Media Contact Brand: SwissChain Holding SA Contact: Media team Email: contact@swisschainholding.ch Website: https://www.swisschainholding.ch/ 23/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 22/03/2026 / 19:29 UTC+8 Press release (For immediate release) Sinopec Announced 2025 Annual Results Annual Payout Ratio Reached 81% The Board Considered and Approved the Proposal to Grant to a Mandate for New Round of Share Repurchase (22 March 2026, Beijing, China) China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its annual results for the twelve months ended 31 December 2025. Financial Highlights In accordance with IFRS Accounting Standards, the Company’s revenue reached RMB 2.78 trillion; Operating profit was RMB 48.608 billion; Profit attributable to shareholders of the Company was RMB 32.476 billion. Basic earnings per share were RMB 0.268. In accordance with CASs, net profit attributable to equity shareholders of the Company was RMB 31.809 billion. Basic earnings per share were RMB 0.262. Net cash generated from operating activities of the Company was RMB 162.5 billion, representing an increase of RMB13.1 billion year-on-year. The Company’s financial position remained stable. The Company’s oil and gas equivalent output and the profitability of the natural gas industrial chain hit record highs. Production of oil and gas in 2025 was 525.28 million barrels of oil equivalent, up by 1.9% year-on-year, natural gas production reached 1,456.6 billion cubic feet, up by 4.0% year-on-year. Refining segment processed 250 million tonnes of crude oil and produced 149 million tonnes of refined oil products, with jet fuel production up by 7.3% year-on-year. Total sales volume of refined oil products for the year was 229 million tonnes. Total chemical sales volume reached 87.12 million tonnes, up by 3.6%. Taking into account profitability, shareholders’ return and sustainable development needs, the Board proposed a final cash dividend of RMB 0.112 per share (tax-inclusive). The total annual cash dividend amounted to RMB 0.2 per share (tax-inclusive). Aggregating the share repurchase amount during the year, annual payout ratio reached 79% in accordance with IFRS Accounting Standards, and reached 81% in accordance with CASs. The Board considered and approved the proposal to grant to a mandate for new round of share repurchase. Business Review In 2025, China’s economy maintained stable growth, registering a GDP growth of 5.0% year-on-year. International crude oil prices fluctuated with a downward trend. The domestic demand for natural gas and chemical products continued to increase, while the demand for refined oil products declined. Exploration and Production Segment In 2025, the Company strengthened high-quality exploration and profitable development, and achieved new progress in reserve and production growth with oil and gas equivalent output reaching a record high. In terms of exploration, we spared no effort to expand mining rights and increase reserves. Significant breakthroughs were made in the exploration of shale oil in the Bohai Bay Basin, new area in the Sichuan Basin and offshore natural gas etc. The construction of the Shengli Jiyang Shale Oil National Demonstration Zone was completed with high quality. In terms of oil development, we accelerated the construction of key projects such as Tahe, West Junggar, and offshore fields, implemented differentiated reservoir management, and shale oil production reached a million-tonne scale. In natural gas development, we pushed ahead the build-up of key projects such as marine facies gas in West Sichuan, offshore blocks, and Xujiahe Formation in the Sichuan Basin. At the same time, we further boosted the synergy of production, supply, storage and sales, with the profit for the natural gas business chain hitting a record high. The Company’s production of oil and gas in 2025 was 525.28 million barrels of oil equivalent, up by 1.9% year-on-year, among which, the domestic crude oil production totaled 255.75 million barrels, and the natural gas production reached 1,456.6 billion cubic feet, up by 4.0% year-on-year. In 2025, the segment made efforts to increase reserves, boost production and cut costs, strived to improve the profitability of the whole natural gas industrial chain, but impacted by decrease in crude oil prices, the segment realised an operating profit of RMB45.5 billion. Summary of Operations for the Exploration and Production Segment Twelve-month periods ended 31 December Changes 2025 2024 (%) Oil and gas production (mmboe) 525.28 515.35 1.9 Crude oil production (mmbbls) 282.40 281.85 0.2 China 255.75 254.00 0.7 Overseas 26.65 27.84 (4.3) Natural gas production (bcf) 1,456.63 1,400.39 4.0 Refining Segment In 2025, the Company actively addressed the challenges brought by fluctuation with downward trend in crude oil prices and decline in demand for gasoline and diesel through optimisation and integration of production and marketing, maximized profitable processing volume and maintained a relatively high utilization rate. We optimised the pace for crude oil procurement to lower cost and freight. We optimised utilization rate and product mix and produced more market-favored products such as jet fuel, lubricant and grease close to market need. Efforts were made to carry forward low-cost “refined oil products to chemical feedstocks” and high-value “refined oil products to refining specialties” strategy in an orderly manner. We consolidated our leading position nationwide in high-end carbon materials. In 2025, the Company processed 250 million tonnes of crude and produced 44.22 million tonnes of light chemical feedstock, up by 8.4% year-on-year. Refined oil products output was 149 million tonnes, with jet fuel production up by 7.3% year-on-year. In 2025, the segment coordinated the procurement pace of crude oil by closely following the international crude oil prices, continued to intensify efforts to improve synergy, flexibly adjusted utilization rate, and optimized products slate. The segment realised an operating profit of RMB9.4 billion. Summary of Operations for the Refining Segment For the twelve months ended 31 December Changes 2025 2024 (%) Refinery throughput (million tonnes) 250.33 252.30 (0.8) Gasoline, diesel and kerosene production (million tonnes) 148.95 153.49 (3.0) Gasoline (million tonnes) 62.61 64.15 (2.4) Diesel (million tonnes) 52.64 57.91 (9.1) Jet fuel (million tonnes) 33.71 31.43 7.3 Light chemical feedstock production (million tonnes) 44.22 40.78 8.4 Note: Includes 100% of the production from domestic joint ventures. Marketing and Distribution Segment In 2025, amid the challenges by intense competition in gasoline and diesel markets and rapid penetration of new energy vehicles, the Company fully leveraged its integration and network advantages, coordinated the expansion of sales and transition development, strived to develop itself as an integrated energy service provider of petro, gas, hydrogen, power and service. We carried forward targeted marketing tactics, expanded strategic clients and boosted the sales volume of high-grade gasoline. We stepped up efforts in expanding network for gas refueling, EV charging and battery swapping, proactively promoted hydrogen mobility, and achieved significant volume growth in automotive LNG refueling, EV charging and hydrogen refueling, with maintaining top position in domestic LNG and hydrogen refueling businesses. The “vehicle ecosystem” network and “home lifestyle” model were further developed to improve Easy Joy service quality. We accelerated development of international layout, with the Company remaining the world’s largest supplier of low-sulfur bunker fuel. Annual total sales volume of refined oil products reached 229 million tonnes. In 2025, the segment adhered to integrated and synergistic profit creation, made great effort to expand market and increase sales volume, proactively developed EV charging and battery swapping, automotive natural gas and other businesses, strengthened cost and expense control, but impacted by fast development of alternative energy and the inventory loss caused by the decreased crude oil prices, the segment realised an operating profit of RMB10.0 billion. Summary of Operations for the Marketing and Distribution Segment For twelve monthsended 31 December Changes 2025 2024 (%) Total sales volume ofoil products (million tonnes) 229.02 239.33 (4.3) Total domestic sales volume of oil products (million tonnes) 177.56 182.82 (2.9) Retail sales (million tonnes) 110.16 113.45 (2.9) Direct sales and distribution(million tonnes) 67.40 69.38 (2.9) As of 31 December 2025 As of 31 December 2024 Changes from the end of previousyear(%) Total number of service stations under the Sinopec brand 31,195 30,987 0.7 Number of company-operated stations 31,195 30,987 0.7 Note: The total sales volume of refined oil products includes the amount of refined oil marketing and trading sales volume. Chemicals Segment In 2025, facing the severe condition of the rapid expansion in domestic chemicals capacity and narrowing chemical margin, the Company closely followed market demand to optimize production and operation, leveraged refining-chemical integration, and gave full play to the potential of profitable facilities. We optimised facilities and product mix and achieved a record high in PX production. We reinforced cost control and adjusted chemical feedstock to reduce costs of raw materials and processing. With further coordination of production, sales, R&D and application, we sped up the development of new materials such as POE. Annual ethylene production was 15.28 million tonnes. We strived to expand emerging and niche markets, seek strategic partnerships and explore overseas market. Total chemical sales volume for the year reached 87.12 million tonnes, up by 3.6% year-on-year, with export volume up by 29.8% year-on-year. In 2025, the segment spared no effort to reduce feedstock cost, closely followed the market changes, optimised the structure of products and operation of facilities, promoted the utilization rate of profitable facilities, implemented precision marketing, but impacted by the quick release of new capacities, decreased profits of chemical products and impairment loss of certain facilities, the segment realized an operating loss of RMB14.6 billion. Summary of Operations for the Chemicals Segment For twelve months ended 31 December Changes 2025 2024 (%) Ethylene (thousand tonnes) 15,279 13,467 13.5 Synthetic resin (thousand tonnes) 22,037 20,087 9.7 Synthetic rubber (thousand tonnes) 1,578 1,429 10.4 Synthetic fiber monomer and polymer (thousand tonnes) 11,967 10,033 19.3 Synthetic fiber (thousand tonnes) 1,229 1,248 (1.5) Note: Includes 100% of the production of domestic joint ventures. Innovation in R&D and Digital Intelligence In 2025, the Company intensified efforts in innovation with breakthroughs achieved in R&D and digital intelligence. In terms of R&D, the differential cube development technology for shale oil in continental rift basins supported the cost-effective development of shale oil. Heterogeneous composite flooding technology was applied to various reservoirs with high salinity and high calcium-magnesium content. Breakthroughs were achieved in high-end polypropylene cable insulation materials. We also achieved industrial production of 60K large tow carbon fiber. Our independently developed seawater electrolysis hydrogen production unit became China’s first demonstration facility with long-term stable operation, while 100 KW-scale iron-chromium flow battery system was successfully deployed for “solar-storage-charging” integration at photovoltaic power stations. In terms of digital intelligence, we made steady moves to implement “AI+”. The Great Wall series of large AI models became operational while the intelligent operation centers were further promoted for application. We accelerated the construction of smart factories, with 3 subsidiaries recognized as National Excellence-level Smart Factories, and 1 subsidiary included in the first National Pilot-level Smart Factory Cultivation List. In 2025, the Company filed 9,953 patent applications at home and abroad with 5,768 granted. We won 1 Gold Award, 1 Silver Award, and 3 Excellence Awards in the China Patent Awards. HSE In 2025, the Company continued to improve its HSE management system, enhancing the HSE awareness of responsibility and capabilities of all employees. We carried forward the 2025 Action for Fundamental Improvement in Safety Production. Measures were taken to advance the control of major risks, conduct comprehensive inspections and rectifications of safety hazards, implement specialized campaign for the entire hazardous chemicals supply chain and achieve overall safe and stable production. We strengthened employee health management, further improved working conditions, actively promoted the “Healthy Enterprise” initiative, and safeguarded the occupational, physical, and mental health of employees both domestically and internationally. 43 cases were selected as outstanding examples in the national “Healthy Enterprise” program. Capital Expenditures In 2025, the Company continued to optimise investment in projects, with a capital expenditure of RMB147.2 billion for the whole year. The capital expenditure of the E&P segment was RMB70.9 billion, mainly for the crude capacity building in Jiyang and Tahe, natural gas capacity building in Dingshan-Dongxi as well as the oil and gas storage and transmission facilities. The capital expenditure of the refining segment was RMB22 billion, mainly for Guangzhou Petrochemical revamping and Maoming Refining upgrading projects, etc. The capital expenditure of the marketing and distribution segment was RMB13.8 billion, mainly for the development of the petro, gas, hydrogen, power and service integrated energy station network. The capital expenditure of the chemical segment was RMB35.9 billion, mainly for the ethylene projects in Maoming and aromatics project in Jiujiang, etc. The capital expenditure of corporate and others was RMB4.6 billion, mainly for R&D and digital intelligent projects, etc. Business Outlook Looking forward to 2026, as China’s economy continues to recover and improve, domestic demand for natural gas and chemical products is expected to maintain growth, and that for refined oil products will remain influenced by alternative energy. Taking into account the impact of changes in global supply and demand, geopolitics and inventory levels, the uncertainty surrounding the trend of international crude oil prices has increased. In 2026, the Company shall vigorously advance high-quality development in all fronts, focusing on safety and environmental protection, energy security, marketing, profitability enhancement and efficiency improvement, integration of R&D innovation with industry and finance, and reform-driven empowerment. We shall pursue the following key initiatives: E&P: The Company will advance efforts to increase reserves, stabilize oil production, boost gas output and reduce costs, accelerate the profitable development of new energy business, and strengthen the integrated oil and gas exploration, production, supply, storage, sales and trading system. In exploration, we will actively expand high-quality mining rights, intensify high-quality exploration activities, strive to secure substantial, high-quality reserves, and lower finding costs. In development, efforts will be made to accelerate crude capacity expansion in Tahe, offshore areas, and western Junggar, alongside natural gas capacity growth for offshore, the marine facies in western Sichuan, and the Xujiahe reservoir in Sichuan. We will drive large-scale, profitable production in new areas while proceeding with the fine development in mature oil and gas fields. For natural gas sales, the Company will optimise resource portfolio and reduce costs, accelerate targeted development of high-end, high-value-added markets, so as to improve the scale and profitability of natural gas business. The annual plan is to produce 280.91 million barrels crude oil, including 25.31 million barrels from overseas operations, and 1,471.7 billion cubic feet natural gas. Refining: The Company will focus on stabilising processing volumes and enhancing efficiency, strengthening synergies with marketing and chemical business, and improving intensive and efficient operations. We will insist the coordination across trading, storage, transmission and production, optimisie resource procurement and reduce procurement costs. We shall thoroughly assess the marginal benefits of resources, maximise profitable processing volumes, and flexibly adjust product mix. We will persistently advance the strategy of reducing refined oil products output while increasing chemical feedstock and refining specialties output, enhance the market competitiveness of refining by-products such as liquefied petroleum gas, petroleum coke, and asphalt, and accelerate to develop growth drivers including refining specialties and high-end carbon materials. We will expedite the construction of key projects to concentrate our advantageous capacity. The annual plan is to process 250 million tonnes of crude oil and produce 148 million tonnes of refined oil products. Marketing and Distribution: The Company shall remain market-oriented and customer-focus and fully leverage strengths of its integrated business to enhance overall competitiveness. We shall promote coordination between procurement and sales activities, volume and price and develop a differentiated and more precise marketing system. We will increase the portion of premium gasoline sales, expand the jet fuel market, and steadfastly consolidate sales volume of refined oil products. We will continuously optimise network layout, advance the integrated development of all business models, expand the scale of automotive LNG refueling, and grow the quality and profitability of EV charging and battery swapping and hydrogen energy services. The Company will accelerate the profitable development of the “vehicle ecosystem” and “home lifestyle” model, expand the comprehensive service scenarios of Easy Joy, and build proprietary brands. We will consolidate and enhance the integrated advantages in bunker fuel and actively expand the scale of domestic and international operations. The annual plan for domestic refined oil product sales volume is 170 million tonnes. Chemicals: The Company shall adhere to the strategy of “basic + high-end, chemicals + materials”, strive to reduce costs, expand markets and minimize losses and increase profits. We will promote projects in an orderly manner, scientifically arrange schedule of new capacity deployment and phase out of outdated capacity. We will leverage the advantages of the entire industrial chain and implement multiple measures to reduce raw material costs. Close to market changes, we will conduct dynamic valuation of the marginal benefits of different grades, facilities and product chains to precisely drive product structure optimisation and efficient resource allocation. We will intensify the development of new and high value-added products to improve profit. In chemical sales, we will establish an efficient product-service interaction system to meet differentiated and personalised customer needs, enhance product innovation, increase sales to strategic clients, and strengthen international market expansion. The annual ethylene production is planned at 15.8 million tonnes. Innovation and Digital Intelligence: The Company shall pursue the deep integration of technological and industrial innovation, focusing on breakthroughs in key technologies to develop new quality productive forces. Collaborative research will advance projects including natural gas reserve expansion and production enhancement, profitable development of continental facies shale oil, and the CCUS/CCS industrial chain. Accelerated development and industrial demonstration of low-cost, cutting-edge refining technologies will be pursued, alongside intensified efforts to maximise the value of intermediate and by-products. We shall expedite the development and application of high-performance metallocene polyolefin technology and establish a comprehensive collaborative system spanning production, sales, research, and application. We will advance integrated research in strategic emerging fields including SAF and key materials and applications for solid-state batteries. We will coordinate digital and intelligent transformation, deepen the “AI+” initiative, enhance overall smart manufacturing maturity, cultivate flagship and exemplary smart factories with significant industry influence, create more high-value application scenarios, and empower digital and intelligent upgrading across all business segments. Capex: In 2026, the Company plans to invest RMB131.6 to RMB148.6 billion. Capex for E&P will be RMB72.3 billion, primarily for the crude capacity building in Jiyang and Tahe, natural gas capacity building in West and South Sichuan, and oil and gas storage and transmission facilities. Capex for refining will be RMB17.3 billion, mainly for Guangzhou Petrochemical revamping and Maoming Refining upgrading projects, etc. Capex for marketing and distribution will be RMB9 billion, primarily for developing the integrated energy station network. Capex for chemical will be RMB28.2 billion, mainly for projects including Maoming and Qilu ethylene, and Jiujiang aromatics. Capex for corporate and others will be RMB4.8 billion, primarily for R&D and digital intelligence initiatives. The Company will also flexibly arrange Capex of RMB17 billion in light of market conditions. Appendix: Key financial data and indicators FINANCIAL DATA AND INDICATORS PREPARED IN ACCORDANCE WITH CASS Principal accounting data Items For twelve months ended 31 December Changes over the same period of the preceding year (%) 2025 (RMB million) 2024 (RMB million) Operating income 2,783,583 3,074,562 (9.5) Net profit attributable to equity shareholders of the Company 31,809 50,313 (36.8) Net profit attributable to equity shareholders of the Company excluding extraordinary gains and losses 29,529 48,057 (38.6) Net cash flows from operating activities 162,496 149,360 8.8 At 31 December 2025 (RMB million) At 31 December 2024 (RMB million) Change from the end of last year (%) Total equity attributable to equity shareholders of the Company 830,324 819,922 1.3 Total assets 2,155,617 2,084,771 3.4 Principal financial indicators Items For twelve months ended 31 December Changes over the same period of the preceding year (%) 2025 (RMB) 2024 (RMB) Basic earnings per share 0.262 0.415 (36.9) Diluted earnings per share 0.262 0.415 (36.9) Basic earnings per share (excluding extraordinary gains and losses) 0.244 0.397 (38.5) Weighted average return on net assets (%) 3.86 6.19 (2.33) percentage points Weighted average return (excluding extraordinary gains and losses) on net assets (%) 3.58 5.91 (2.33) percentage points Net cash flow generated from operating activities per share 1.341 1.233 8.8 FINANCIAL DATA AND INDICATORS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING STANDARDS Principal accounting data Items For twelve months ended 31 December Changes over the same period of the preceding year (%) 2025 (RMB million) 2024 (RMB million) Operating Profit 48,608 70,686 (31.2) Profit attributable to shareholders of the Company 32,476 48,939 (33.6) Net cash generated from operating activities per share (RMB) 1.341 1.233 8.8 At 31 December 2025 (RMB million) At 31 December 2024 (RMB million) Change from the end of last year (%) Total equity attributable to shareholders of the Company 827,463 815,815 1.4 Principal financial indicators Items For twelve months ended 31 December Changes over the same period of the preceding year (%) 2025 (RMB) 2024 (RMB) Basic earnings per share 0.268 0.404 (33.7) Diluted earnings per share 0.268 0.404 (33.7) Return on capital employed (%) 4.01 5.78 (1.77) percentage points The following table sets forth the operating revenues, operating expenses and operating profit by each segment before elimination of the inter-segment transactions for the periods indicated, and the percentage changes between 2025 and 2024. For twelve months ended 31 December Changes 2025 2024 (RMB million) (%) Exploration and Production Segment Operating revenues 285,992 297,249 (3.8) Operating expenses 240,461 240,864 (0.2) Operating profit 45,531 56,385 (19.2) Refining Segment Operating revenues 1,328,509 1,481,502 (10.3) Operating expenses 1,319,061 1,474,788 (10.6) Operating profit 9,448 6,714 40.7 Marketing and Distribution Segment Operating revenues 1,505,275 1,714,358 (12.2) Operating expenses 1,495,305 1,695,712 (11.8) Operating profit 9,970 18,646 (46.5) Chemicals Segment Operating revenues 464,108 523,862 (11.4) Operating expenses 478,686 533,859 (10.3) Operating loss (14,578) (9,997) - Corporate and Others Operating revenues 1,315,600 1,457,226 (9.7) Operating expenses 1,318,333 1,457,658 (9.6) Operating loss (2,733) (432) - About Sinopec Corp. Sinopec Corp. is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery products, petrochemical products, coal chemical products, synthetic fibre, and other chemical products; the import and export, including import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information; hydrogen energy business and related services such as hydrogen production, storage, transportation and sales; battery charging and swapping, solar energy, wind energy and other new energy business and related services. Disclaimer This press release includes "forward-looking statements". All statements, other than statements of historical facts that address activities, events or developments that Sinopec Corp. expects or anticipates will or may occur in the future (including but not limited to projections, targets, reserve volume, other estimates and business plans) are forward-looking statements. Sinopec Corp.'s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation, possible changes in actual demand, foreign exchange rate, results of oil exploration, estimates of oil and gas reserves, market shares, competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond Sinopec Corp.'s control. In addition, Sinopec Corp. makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Investor Inquiries： Media Inquiries： Beijing Hong Kong Tel：(86 10) 5996 0028 Tel：(852) 2522 1838 Fax：(86 10) 5996 0386 Fax：(852) 2521 9955 Email：ir@sinopec.com Email：sinopec@prchina.com.hk 22/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com