Key Highlights

• Significant Increase in Loss: The Group expects to record a loss of approximately RMB51.2 million for the year ended 31 December 2025, compared to a loss of RMB17.6 million in the previous year. This represents a substantial widening of losses year-over-year.
• Main Reasons for Losses: The increased loss is primarily attributed to:
  • A decline in the fair value of investment properties, mainly due to unfavorable property market conditions.
  • An increase in impairment of financial assets measured at amortised cost.
• Ongoing Finalization: The annual results for FY2025 are still being finalized. The figures provided are based on a preliminary assessment of unaudited management accounts and have not been reviewed by the Company’s independent auditor or audit committee.
• Results Announcement Date: The audited annual results are expected to be announced on 25 March 2026.

Important Shareholder Information

• Potential Impact on Share Price: The substantial increase in reported losses—nearly tripling compared to the previous year—could have a negative impact on the Company’s share price. The factors underlying these losses, especially the drop in property values and increased financial asset impairment, signal ongoing challenges for the Group.
• Market Sensitivity: This profit warning is considered price-sensitive information. Investors and shareholders are advised to exercise caution when dealing in the Company’s shares, as share values may react negatively to the announcement.
• Management’s Caution: The Board emphasizes that the announced figures are preliminary and unaudited, and the final audited results may differ.
• Corporate Governance: The announcement was made in accordance with regulatory requirements, including Part XIVA of the Securities and Futures Ordinance and Rule 13.09(2) of the Hong Kong Stock Exchange Listing Rules.

Board and Management

• Executive Directors: Mr. Cui Mingshou (Chairman), Mr. Wang Yimei (Deputy Chairman), and Mr. Hu Liang.
• Independent Non-Executive Directors: Mr. Wang Yaping, Ms. Qi Yan, and Mr. Feng Enxin.
• Date of Announcement: 24 March 2026.

Implications for Investors

The sharp increase in losses for FY2025 is a material event for Qingdao Holdings International Limited, reflecting both asset value challenges and financial health concerns. Investors should closely monitor the Company’s future disclosures, especially the audited results to be announced in March 2026. The Company’s reliance on property values and the impairment of financial assets suggest ongoing sensitivity to market conditions, which may continue to impact profitability and share performance.

Shareholders and potential investors are strongly advised to exercise caution in any dealings with the Company’s shares, given the price-sensitive nature of this announcement and the possibility of further volatility as more information is released.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The information is based on the preliminary management accounts provided by Qingdao Holdings International Limited and may be subject to change. Investors should consult their financial advisors and review the Company’s official audited results when released before making any investment decisions.

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