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Yeebo Announces Interim Results for FY2025/26 Profit Attributable to Owners Surged to Approximately HK$1,218 million
To Empower Industries, Promote Development, and Strive to be a Leader in the AI Compute Sector
Financial Highlights
| For the six months ended 30 September | |||
| 2025 HK’000 |
2024 HK’000 (restated) |
Change | |
| Revenue | 554,336 | 527,309 | +5% |
| Profit for the Period | 1,211,274 | 95,656 | +1,166% |
| Profit attributable to owners of the Company | 1,218,089 | 97,079 | +1,155% |
| Basic earnings per share (HK cents) – Basic – Diluted |
131.3 130.9 |
10.5 10.5 |
+1,150% +1,147% |
HONG KONG SAR – Media OutReach Newswire – 21 November 2025 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) announces its unaudited interim results for the six months ended 30 September 2025 (the “Period”).
The Group achieved a consolidated revenue of HK$554.3 million for the Period, representing an increase of 5.1% as compared to that for the corresponding period of last year. The Group’s products can be categorized into such main types as Liquid Crystal Displays (“LCDs”), Liquid Crystal Display modules (“LCMs”), Capacitive Touch Panel modules (“CTPs”) and Thin Film Transistor modules (“TFTs”). During the Period, revenue from the sales of LCDs, LCMs, CTPs and TFTs were HK$88.1 million, HK$181.9 million, HK$182.6 million and HK$72.0 million, respectively.
The Group is dedicated to developing products that meet market demands while expanding its customer base to ensure sustained sales growth. To support this goal, the Group is continually improving various aspects of its operations, including its CTP-related equipment, to address the growing demand for CTPs applications, which are increasingly contributing to the Group’s revenue. The proportion of CTPs sales in total revenue increased from 24.1% in the first half of FY2024/25 to 32.9% during the Period. Meanwhile, amid the rapid development of Artificial Intelligence (“AI”) compute market, the Group is actively expanding its AI compute and related businesses, which hold significant long-term potential.
Gross profit was approximately HK$64.6 million while the gross profit margin adjusted to 11.7% for the Period due to the high fixed costs associated with the early development stage of the AI compute and related businesses. Profit attributable to owners of the Company surged to approximately HK$1,218.1 million. The rise in net profit was primarily due to the gain from fair value changes of the financial assets at fair value through profit or loss. Basic earnings per share were HK131.3 cents. The board of directors (“Board”) has resolved not to recommend the payment of an interim dividend for the Period.
Commenting on the interim results of the Group, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, said, “The Period under review presented a complex global landscape marked by persistent geopolitical tensions, heightened competitive pressures, and evolving trade policies. Despite these challenges, we demonstrated resilience and agility, delivering solid results and reinforcing our commitment to sustainable long-term value creation. In particular, our AI compute and related businesses are well positioned to play a pivotal role in China’s rapidly evolving and expanding AI market. We continue to intensify our efforts in AI compute and related businesses, leverage the continuously evolving opportunities in the AI compute market, and solidify our commitment to this sector.”
The Group’s AI compute and related businesses, operated under Suanova Technology Limited (“Suanova”), continued to consolidate its leadership position within China’s, in particular Shanghai’s, rapidly expanding AI ecosystem. During the Period, Suanova had put together a highly skilled and experienced team with a proven track record, capable of delivering GPU cluster solutions ranging from small-scale private deployments to large-scale public cloud environments comprising hundreds of 8-card servers. Suanova also successfully launched “Harvest 1,” one of China’s first domestic GPU-only clusters based on the MetaX C500 cards. This cluster completed large-scale training tasks involving more than 1800+ GPU cards and maintained stable and uninterrupted performance for over six months. “Harvest 1” is currently one of China’s leading cohost public cloud facilities. Furthermore, Suanova has played a pivotal role and led in integrating China’s leading AI ecosystem, from hardware to software and finally to industry-specific applications, providing its customers the complete AI infrastructure stack solution.
To strengthen the Group’s commitment to the AI compute and related sector, the Group has undertaken several strategic investments in the PRC during the Period. These included an investment of RMB100 million to acquire approximately 3.3% of its equity interests in Yunhe Zhiwang (Shanghai) Technology Co., Ltd., RMB20 million to acquire approximately 5.2% of its equity interests in MemTensor (Shanghai) Technology Co., Ltd., and RMB10 million to acquire approximately 10% of its equity interests in Shanghai Xiangfeng Technology Co., Ltd.
About the investment in an associate, Suzhou QingYue Optoelectronics Technology Co., Ltd. (“Suzhou QingYue”) which shares are listed on The Shanghai Stock Exchange, the Group’s share of the loss of Suzhou QingYue amounted to approximately HK$17.7 million for the Period. As at 30 September 2025, the Group held 126,345,600 shares, representing 28.08%, in Suzhou QingYue with a market value of HK$1.3 billion.
As at 30 September 2025, the Group held 117,442,410 shares of Nantong Jianghai Capacitor Company Ltd. which shares are listed on the Shenzhen Stock Exchange, with a fair value of approximately HK$3.9 billion, which is accounted for as financial assets at fair value through profit or loss.
Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, concluded, “Looking ahead, we will persist in optimising our product portfolio, improving production efficiency, and refining our customer structure to sustain our market share in the displays market while exploring new applications for our products across various industries. As global AI adoption accelerates across industries – from autonomous systems to generative technologies – the market demand for advanced computing infrastructure will continue to surge. We will invest in and collaborate with technology companies that have the greatest growth potential to create synergies. We are committed to investing in and collaborating with technology companies that possess the greatest growth potential, thereby fostering strategic synergies. Leveraging our proven capabilities, strategic investments, and robust ecosystem partnerships, we are poised to capture these opportunities, drive innovation, and reinforce our leadership in this transformative sector. We are confident in our ability to deliver sustainable growth and create long-term value for our shareholders.”
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited:
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, OLED technologies and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the AI compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.
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Marriott’s 2025 Cage-Free Pledge in the Spotlight as Field Visit Raises Animal Welfare and Hygiene Concerns
Field visit finds dead birds, eggs surrounded by faeces and fly infestations at egg farm whose operators claim to supply Marriott properties
- Eggs stored directly on the floor, surrounded by dirt, feathers and excrement
- Swarms of flies around birds and their food
- Accumulated faeces on and underneath cages
- Dead birds discarded around the facility
- Birds with severe eye injuries or blindness
- Birds crammed into dirty wire cages
- Poor access to water
Hashtag: #HelpMarriottFindAsia #AnimalWelfare #CorporateAccountability #EthicalSourcing #FoodSafety
The issuer is solely responsible for the content of this announcement.
About INCAF
The Indonesia Network for Compassionate Animal Farming works to advance corporate accountability for animal welfare in Indonesia, driving transparency and progress toward cage-free supply chains. Visit 
https://incaf.org
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Linklogis Releases 2025 Annual Results: Total Volume of Processed Supply Chain Assets Exceeds RMB500 Billion, Unveiling the “SC+ Platform”
In addition, Linklogis has always placed shareholder interests at the core of its corporate governance, rewarding investors’ trust through sustained and tangible actions. In August 2025, the Board approved a new share repurchase program of no less than US$80 million to be implemented over a one-year period. Under this repurchase program, the company has cumulatively repurchased shares totaling HK$365 million (approximately US$47 million), demonstrating its confidence in its long-term value through concrete actions.
Focusing on Core Business, Accelerating Business Structure Optimization
In 2025, Linklogis remained focused on its core business and accelerated the optimization of its business structure. The total volume of supply chain assets processed by its technology solutions reached RMB508.1 billion, up 27% year-on-year. With a market share of 22%, the company ranked first in the industry for the sixth consecutive year. The number of anchor enterprises served increased to 3,145, including 54 of China’s Top 100 enterprises and 151 of China’s Top 500 enterprises, while the number of financial institution partners reached 428, further improving the efficiency of industry-finance collaboration.
Linklogis’ supply chain finance technology solutions include Anchor Cloud, which consists of Multi-tier Transfer Cloud, AMS Cloud and Treasury Cloud, as well as FI Cloud, which consists of ABS Cloud and eChain Cloud. In 2025, the total volume of supply chain assets processed by Anchor Cloud reached RMB369.6 billion, representing a year-on-year increase of 31%. The total volume of supply chain assets processed by Multi-tier Transfer Cloud reached RMB304.2 billion, surging 47% year-on-year, with its contribution to the group’s total asset volume rising from 52% in 2024 to 60% in 2025. The total volume of supply chain assets processed by AMS Cloud, however, was RMB65.4 billion, down 13% year-on-year due to the continued decline in issuance volume in the supply chain asset securitization market.
The total volume of supply chain assets processed by FI Cloud reached RMB128.9 billion, up 20% year-on-year. Both ABS Cloud and eChain Cloud recorded solid double-digit growth in transaction volume, contributing to a 25% year-on-year increase in FI Cloud revenue. In the ABS Cloud segment, the total volume of supply chain assets processed reached RMB69.1 billion, rising 28% year-on-year. In the eChain Cloud segment, the total volume of supply chain assets processed reached RMB59.7 billion, increasing 13% year-on-year.
Linklogis focused on six key industries, including infrastructure and construction, new energy and advanced manufacturing, and worked with its subsidiary Bytter Technology to deepen targeted cross-selling, achieving breakthroughs in high-quality customer acquisition. Leveraging its one-stop comprehensive industrial-finance solutions and innovative scenario-based applications, Linklogis worked with a number of central and state-owned enterprises and leading private enterprises, including Shougang Group, China Coal Mine Construction Group Corporation and JA Solar Technology, to launch integrated industrial-finance platform projects. At the same time, it provided targeted support to 17 high-quality enterprises, including Shanghai Construction Group, Yunnan Construction and Investment Holding Group and Luzhou Laojiao, covering scenarios such as order financing, bill collateral, and supply chain bill transfer, supporting coordinated growth in both scale and value creation.
Building the “Second Growth Curve”, Unlocking Global Trade Finance Potential
2025 marked a pivotal year for Linklogis’ international business as the company embarked on a new chapter and accelerated the development of its “second growth curve.” During the year, Linklogis officially launched a comprehensive rebranding of its international business, introducing “Unloq” as its new identity for the global market, reflecting its vision of unlocking the potential and efficiency of global trade finance. Guided by a core strategy centered on cross-border trade corridors, scenario-based finance and technology-driven risk management, Unloq is committed to building a globally connected digital supply chain finance platform with strong local execution capabilities.
In line with its core strategy, the company has leveraged its cloud-native technology to launch the innovative “SC+ Platform”, designed to connect global real-world trade with digital finance. The “SC+” signifies its core function of connecting smart contracts with compliant digital payment instruments, forming a technology-enabled solution for global trade finance. The platform is dedicated to building the next-generation digital infrastructure for global trade finance and addressing systemic challenges in cross-border trade, including credit verification, fund turnover, and clearing and settlement efficiency. Through the platform, funders can utilize various compliant payment methods to purchase trade receivables.
To date, Unloq has completed the deployment of the core architecture of the SC+ Platform. Working with multiple commercial partners, Unloq has advanced the rollout of innovative applications leveraging compliant digital payment methods. In 2025, Linklogis successfully secured the bid for a Web3.0-based supply chain finance platform project for a leading central state-owned enterprise, marking a new milestone in its technological capabilities and industry recognition in the field of digital trade infrastructure.
In its international business, Unloq accelerated the expansion of cross-border trade services. In addition to traditional B2B goods trade, cross-border e-commerce and online travel agencies, it also expanded into cross-border logistics, bringing the total number of platform customers to 1,550, representing a net year-on-year increase of 451. With the deeper penetration of the SC+ Platform in cross-border trade finance, the continued expansion of its global localized service network, and the accelerated integration of solutions supporting Chinese enterprises’ overseas expansion, Linklogis’ cross-border and international business is expected to enter a phase of exponential growth in both asset volume and revenue in 2026, embarking on a new chapter of high-quality and sustainable development.
Advancing the “AI-powered Industrial Finance” Strategy: From Internal Empowerment to Industry Value Co-Creation
Linklogis remains committed to its “AI-powered Industrial Finance” strategy and continues to promote the deep integration of AI with supply chain finance across the entire value chain. Built on years of technological expertise and scenario-based refinement, its AI capabilities have evolved from internal productivity tools into a sophisticated intelligence engine that empowers the entire industrial ecosystem. By deeply integrating leading domestic large language models with its proprietary supply chain finance scenario knowledge graph and multimodal business elements, the company has systematically advanced the ongoing iteration and capability enhancement of its self-developed vertical model, LDP-GPT. Building on this foundation, Linklogis has developed the “BeeLink AI Agent” product matrix, covering more than ten core scenarios including intelligent trade document checking, intelligent PBOC registration, intelligent KYC, and intelligent risk management.
In 2025, BeeLink AI Agent continued to deliver breakthroughs in market penetration and commercialization. The number of customers served rose to 42, including domestic and overseas financial institutions and industry leaders such as Standard Chartered Bank, Bank of Hangzhou, and China Electrical Equipment Finance. Processing efficiency improved by 20 times, while accuracy in key processes reached 99%. As AI continues to evolve toward an agent-based paradigm, Linklogis will take “AI Agent+” as a strategic lever to comprehensively upgrade BeeLink AI Agent from functional tools to intelligent collaboration. It will prioritize breakthroughs in advanced capabilities such as cross-system task coordination, natural-language interactive decision-making, and adaptive workflow optimization, enabling customers to move from point intelligence to enterprise-wide intelligence, and from business insights to intelligent decision-making, thereby delivering end-to-end value across the entire value chain.
Linklogis actively responded to China’s “dual carbon” strategy and high-quality development agenda by embedding ESG principles into product innovation and the entire service lifecycle, leveraging technology to advance green finance, inclusive finance, and sustainable development. In 2025, the volume of sustainable supply chain assets served by the company exceeded RMB66.8 billion, representing a year-on-year increase of 80%, with its share of total serviced assets rising from 9% in 2024 to 13% in 2025. During the year, SMEs that obtained financing through Linklogis Supply Chain Multi-tier AR Transfer Platform benefited from an average financing cost of only 2.85%. The company continued to deepen its presence in four key sectors—renewable energy, rural revitalization, environmental protection, and public health—while further expanding into sustainable sectors such as the new energy vehicle supply chain, green buildings, and the circular economy. Through these initiatives, it directed financial resources more precisely to key segments that generate both green and low-carbon benefits and strong social impact, gradually building a broader and more influential sustainable development ecosystem that integrates industry and finance.
Expanding Full-scenario Deployment, Enhancing the Smart Industrial Finance Treasury Product Matrix
Through the acquisition of Bytter Technology, Linklogis made a strategic entry into the corporate treasury management sector. By synergizing management teams and business operations, the company successfully established the Treasury Cloud product line, providing diverse customers with end-to-end treasury management services covering settlement operations, cash planning, financing management, risk monitoring, and intelligent decision-making. As a key component of Linklogis’ “Smart Industrial Finance Treasury” strategy, Treasury Cloud is anchored by a dual-engine approach powered by AI and data, and has established a comprehensive product matrix, including the F1 treasury management system and T6 cash management system for anchor enterprises, the bank treasury system for financial institutions, and the Yingzilian SaaS platform for SMEs.
Since September 11, 2025, Bytter Technology has been consolidated into the group’s financial statements. The integration of the Treasury Cloud business has been fully completed. Linklogis will continue to deepen resources integration and business collaboration between Treasury Cloud and the group’s other supply chain finance technology businesses in areas such as product R&D, channel expansion and customer service. The company will accelerate the development of an integrated, intelligent and scalable Smart Industrial Finance Treasury platform, providing customers with one-stop digital solutions covering treasury management and industrial-finance collaboration.
Charles Song, founder, Chairman and CEO of Linklogis, said: “The year 2026 marks the tenth anniversary of Linklogis. As we stand at the threshold of a new decade, we will remain firmly committed to a core strategy of being technology-driven and globally connected, while steadfastly advancing our dual-engine approach of deepening domestic industrial finance and expanding global digital trade. We will seize opportunities amid transformation and strengthen our competitive advantages through innovation. In the domestic market, we will continue to advance the “AI-powered Industrial Finance” strategy. Anchored by the comprehensive upgrade of BeeLink AI Agent, we will accelerate AI’s evolution from scenario-based enablement to ecosystem-level collaboration. At the same time, leveraging our full-stack capabilities in Smart Industrial Finance Treasury solutions, we will continue to refine our integrated one-stop solutions, consolidate our market leadership, and ensure the steady growth of our core business. In international markets, we will accelerate the expansion of global cross-border digital trade networks through Unloq and roll out the SC+ Platform along key global trade corridors. We aim to become a key builder and connector in the ongoing digital and intelligent transformation of global trade finance. The future is already unfolding. Only the adaptable can prevail, and only the persistent can go the distance. With technology as our oar and industry as our vessel, Linklogis will continue to join forces with our partners, embarking together on the magnificent journey toward a digital and intelligent future for global industrial finance.”
Hashtag: #Linklogis
The issuer is solely responsible for the content of this announcement.
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CK Life Sciences’ Sequencio Therapeutics Presents the Latest Vaccine Research Advancements at the American Association for Cancer Research Annual Meeting
These presentations mark Sequencio’s first major scientific unveiling since its formation and showcase significant advancements in next‑generation cancer vaccine technologies based on Sequencio’s proprietary TrueHLA™ Epitope‑to‑Efficacy™ translational design framework, which enables rational, data‑driven vaccine development across circRNA, mRNA, peptide, and protein‑based platforms.
Collectively, Sequencio’s five AACR 2026 presentations highlight a consistent theme: rationally designed cancer vaccines that demonstrate robust immunogenicity and compelling anti‑tumour activity across multiple targets and modalities in preclinical models. These data underscore the strength of Sequencio’s approach to translating antigen selection into functional immune responses and tumour control. Building on this foundation, Sequencio is prioritizing its most promising programs for IND‑enabling studies, with the goal of accelerating select vaccine candidates into early‑stage clinical development through strategic partnerships and global collaboration.
Dr Melvin Toh, Vice President & Chief Scientific Officer of CK Life Sciences, expressed, “Sequencio’s cancer vaccine pipeline continues to advance with strong momentum. Our AACR 2026 presentations underscore both the scientific promise of our vaccines and the disciplined execution driving their progress. We look forward to building on this foundation as we advance next‑generation immunotherapies for patients.”
The AACR Annual Meeting is a gathering central to the global cancer research community, bringing together scientists, clinicians, other healthcare professionals, survivors, patients and advocates every year to share the latest breakthroughs and developments in cancer science and medicine. Last year, the 2025 Annual Meeting attracted 22,100 in-person participants from 85 countries.
Scientific Poster Presentations by Sequencio Therapeutics at AACR 2026
All five posters will be presented on 21 April 2026.
1. p53 Modified Shared Neoantigen Vaccine (Poster Number: 4361)
Title: Single amino acid residue substitution to improve immunogenicity of HLA peptides targeting p53 neoantigen
Authors: Chi Han Samson Li, Hong Wang, Kin Tak Chan, Genwei Zhang, Zhenghui Wang, Lipeng Lai, Melvin Toh
2. IGF1R Cancer Vaccine (Poster Number: 4368)
Title: Vaccine targeting IGF1R induces neutralizing antibody and robust anti‑tumor activity in a syngeneic mouse colon cancer model
Authors: Kenneth Nansheng Lin, Melvin Toh, Hong Wang
3. B7‑H3 Cancer Vaccine (Poster Number: 4369)
Title: B7-H3 vaccine induces robust humoral and cellular immunity and inhibits tumor growth in mice
Authors: Kenneth Nansheng Lin, Melvin Toh, Hong Wang
4. TROP2 circRNA + IL‑7 Combination Vaccine (Poster Number: 4370)
Title: TROP2‑circular RNA vaccine and IL7 synergistically inhibit TROP2+ tumor growth in mouse models
Authors: Zirong He, Yanan Li, Antong Li, Xiaoxuan Liu, Kenneth Nansheng Lin, Fan Yan Meng, Melvin Toh, Hong Wang
5. Claudin‑6 Cancer Vaccine (Poster Number: 4375)
Title: Claudin 6 vaccines effectively inhibit tumor growth in a syngeneic mouse colon cancer model
Authors: Na Wang, Lam Chow, Melvin Toh, Hong Wang
Hashtag: #CKLifeSciences #Sequencio #CancerVaccines #R&D #Pharmaceutical #AACR
The issuer is solely responsible for the content of this announcement.
CK Life Sciences Int’l., (Holdings) Inc.
CK Life Sciences Int’l., (Holdings) Inc. (stock code: 0775) is listed on the Stock Exchange of Hong Kong. With a mission of improving the quality of life, CK Life Sciences is engaged in healthcare research and development, with operating businesses that enable its R&D sustainability. Regarding pharmaceutical research and development, CK Life Sciences’ operations are focused on conducting research and development into cancer vaccines, RNA therapeutics and pain management solutions. CK Life Sciences is a member of the CK Hutchison Group. For additional information, please visit www.ck-lifesciences.com.
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