Highlights of the Interim Results for the Six Months Ended June 30, 2025:

• Benefiting from the sustained growth in AI computing power demand, the demand for chips has grown significantly across related industries, driving the Group’s revenue up by approximately 54.5% year-on-year to RMB6,676.5 million.
• The Group recorded a gross profit of approximately RMB585.9 million, and a net profit of approximately RMB190.0 million. Profit attributable to equity shareholders of the Company was approximately RMB132.1 million, representing an increase of approximately 17.2% year-on-year.
• Through deep collaboration with Huawei, and leveraging the Ascend 910 chip, Ingdan launched the DeepSeek all-in-one workstation to address the core computing power needs of scientific researchers. Ingdan simultaneously maintained strategic focus on two-wheeler battery cloud services, promoting business diversification.

HONG KONG SAR – Media OutReach Newswire – 29 August 2025 – Ingdan, Inc. (“Ingdan, Inc.” or the “Company”, stock code: 400.HK; with its subsidiaries (the “Group”)) – an application solution platform based upon artificial intelligence (“AI”) chips, with its core businesses “Comtech” and “Ingdan” – announces its unaudited interim results for the six months ended June 30, 2025 (the “First Half of 2025” or the “Period”).

Financial Highlights for the First Half of 2025

During the Period, benefiting from continued strong demand for AI computing power and growing demand for chips from industries related to AI technology, the Group recorded revenue of approximately RMB6,676.5 million, representing an increase of approximately 54.5% as compared to approximately RMB4,321.4 million for the corresponding period in 2024. Gross profit was approximately RMB585.9 million, representing an increase of approximately 28.0% year-on-year, primarily due to the increase in revenue. Profit from operations was approximately RMB275.6 million, representing an increase of approximately 20.8% year-on-year. Profit attributable to equity shareholders of the Company was approximately RMB132.1 million, a year-on-year growth of 17.2%.

As of June 30, 2025, the Company’s cash and bank balances (including pledged deposits) totalled approximately RMB1,626.8 million; bank loans were RMB2,561.2 million; the inventory value was RMB4,877.3 million; the number of basic ordinary shares issued by the Group was 1,644,262,732, and the weighted average number of ordinary shares of diluted earnings per share was 1,544,335,000.

Business Review

During the Period, with deep insights into chip characteristics upstream and industry needs downstream, the Group developed mature application solutions for frontier sectors such as robotics, auto pilot, and the low-altitude economy, helping customers lower their technical barriers and accelerating product innovation. The Group created additional value from “chip selection” to “chip application”, providing “ready-to-use” core technology modules. The modules have significantly shortened customers’ R&D cycles, allowing them to focus on the differentiated innovation of their applications, and to capture early opportunities in the market. Meanwhile, the Group deeply integrated AI technology into its internal operations, achieving intelligent upgrades across our core business processes from marketing and customer acquisition, to supply chain management, which has so far effectively improved operational efficiency.

In terms of the business model, the Group has established a unique closed-loop business model and accomplished a strategic evolution from “chip selling” to “technology integration”. The Group provides customers with efficient supply chain services, in-depth technical solutions, and customized products.

The Group leverages its industry ecosystem to integrate transaction data from all resources, including chips, software, and professional services, empowering the entire value chain both upstream and downstream. Additionally, the Group is providing customized solutions to downstream clients, while providing market demand data to upstream chip suppliers, forming a highly efficient and unique closed-loop business model. This model effectively strengthens our customer loyalty and builds a solid competitive barrier, making it a core driver of the Group’s sustainable development.

Comtech: Advancing AI Computing Power Supply Chain, Comtech Drive Innovation and Operational Excellence

As a core supplier in the AI computing power supply chain, Comtech serves a broad spectrum of sectors, including computing centers, data centers, AI servers, AI switch networking products, optical modules and a wide range of AI applications. Comtech works closely with global leading chip manufacturers and has been an agent for the products of over 80 core chip companies, including Nvidia, Xilinx, Intel, AMD, ST, and other well-known international manufacturers, as well as numerous domestic chip makers.

With years of successful business operations, Comtech has accumulated extensive application technology experience and industrial resources, enabling it to provide chip application technology solutions and supply chain management services to tens of thousands of customers downstream of the innovation industry. At the same time, with the help of proprietary AI technology, LLMs, and professional knowledge bases, Comtech is providing intelligent and automated solutions in the areas of chip selection, hardware design, software development, and system integration. By utilizing AI technology and big data analysis, Comtech has achieved intelligent management of the supply chain, significantly enhanced operational efficiency while reduced costs. Additionally, Comtech holds a number of proprietary intellectual properties, giving it a competitive advantage in the fields of AI chip application and intelligent supply chain.

In addition, the Group has applied to the Shenzhen Bureau of the China Securities Regulatory Commission for pre-listing guidance regarding the proposed spin-off and proposed A-share listing of Comtech. The application has been accepted on the record. Upon completion of the Proposed Spin-off and Proposed A-share Listing, the Group will remain the ultimate controlling shareholder of Comtech, and its results will continue to be consolidated into the Group, being expected to generate long-term growth for the Group’s business.

Ingdan: Targeting the New Energy Industry, Ingdan Academy Empowers the Chip Industry with AI and Digital Solutions

Bolstered by supportive national policies, the scientific research sector has increasing need for domestic computing power. Ingdan has seized the opportunity, and expanded its presence by providing high-performance adaptable hardware and dedicated domestic solutions, along with comprehensive, lifecycle technical maintenance. Ingdan has also integrated “hardware + software + service” into a closed-loop, one-stop service that fully meets our customers’ needs. Meanwhile, through deep collaboration with Huawei and leveraging the Ascend 910 chip, Ingdan launched the DeepSeek all-in-one workstation to address the core computing power needs of scientific researchers. With the growth of Huawei’s Ascend ecosystem, Ingdan will increase its focus on scientific research customers to quickly capture market opportunities in the short term; then leverage this foundation to expand into the broader enterprise market mid-term; and finally, achieve sustainable business growth through deep integration into the industry chain via joint R&D long-term.

Ingdan also focuses on the new energy industry, dedicating efforts to developing the industry for two-wheeler battery replacement and re-utilization, as well as building a reliable asset management platform for traceable lithium battery life-cycle data. Ingdan provides customized solutions for two-wheeler battery replacement, power re-utilization, and energy storage. Ingdan has strategically focused on two-wheeler battery cloud services, aiming to capture the market trend of new energy smart battery clouds. This supports the Group in achieving sustainable profit growth and contributing to advancing product standardisation in China’s two-wheeler battery-swapping industry.

Based on the Group’s resources and technological strengths in the chip industry, Ingdan Academy provides technical services and talent training for the industry. Through technical training, Ingdan Academy assisted upstream AI chip manufacturers in promoting their products and technologies in the market, while growing AI technical talents to help downstream AI application companies to swiftly adopt the latest AI technologies and products, and enhance enterprises’ AI capabilities. Furthermore, Ingdan Academy provides enterprises with locally deployed AI LLM application solutions, and helps enterprises achieve multidisciplinary AI digital transformations. To date, Ingdan Academy has successfully trained over 8,000 chip application engineers. Through talent training and technical support, Ingdan Academy will support Shenzhen as it becomes a leading chip application industry hub in China and globally, making a greater contribution to the development of the national chip industry.

Future Prospects

Mr. Jeffrey Kang, CEO of Ingdan, Inc., said, “During the Period, we successfully completed our strategic upgrade from a chip trading platform to a technology integration platform, underpinned by robust performance. During this transition, we established an efficient ‘customer acquisition-engagement-conversion’ business closed-loop, enabling us to serve tens of thousands of innovative enterprises. Our core competitiveness has evolved beyond the confines of a single business, demonstrating the synergistic strengths of our entire system. Moving forward, we will continue to leverage ‘infrastructure + value-added services’ as our dual engines, transforming data resources into strategic assets. This will further solidify our competitive moat as we progressively become a leading technology service platform for global innovative enterprises, generating long-term and sustainable value for our shareholders.”

Caution Statement

The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made by the Company or any of its affiliates, advisers or representatives as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of such information, or opinions presented or contained herein. The information contained in this document should be considered in the context of the circumstances prevailing at the time, is subject to change without notice and the Company makes no undertaking to update the information in this document to reflect any developments that occur after the date of the presentation. It is not the Company’s intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company, or its financial or trading position or prospects. Neither of the Company nor any of its affiliates, advisers or representatives accept any responsibility or have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements that reflect the Company’s current intent, beliefs, and expectations about the future as of the respective dates indicated herein. These forward-looking statements do not guarantee future performance and are based on a number of assumptions about the Company’s operations and factors beyond the Company’s control and are subject to significant risks and uncertainties, and accordingly, actual results may differ materially from those described in these forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation, nor do they undertake, to update these forward-looking statements for any events or developments including the occurrence of unanticipated events that occur subsequent to such dates.

– End –

About Ingdan, Inc.

Ingdan, Inc. (stock code: 400.HK) is an innovative technology services platform conglomerate, connecting upstream chip technology with the needs of downstream innovation enterprises. Through proprietary artificial intelligence (AI) technology, large language models (“LLMs”), and specialized industry knowledge bases, the Group provides our customers with the cutting-edge of chip application technology solutions, and efficient supply chain management services. Headquartered in Shenzhen, with offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou, and Xi’an, as well as overseas branches in Singapore and Japan. The Group’s core businesses are Comtech (“Comtech”), a technology services platform for the chip industry, and Ingdan (“Ingdan”), a platform providing Artificial Intelligence of Things (AIoT) technology and services.

For further information, please refer to the Company’s website at www.ingdangroup.com
Hashtag: #Ingdan

The issuer is solely responsible for the content of this announcement.

Book Launch: Voices of Patriotism and Unity – The Recipe for Malaysia’s Success

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 August 2025 – Wesley Methodist School launches a special commemorative book set, Anthology of Poems – Voices of Patriotism and Unity – The Recipe for Malaysia’s Success, a collection written by its teachers and students to honour the spirit of Malaysia.

The launch, officiated by YB Wong Kah Woh, Deputy Minister of Education, marks not only the unveiling of these inspiring works but also the celebration of a nation built on inclusivity, diversity, and unbreakable unity. YB Wong, whose message is also featured in the book, graced the occasion with his presence, underlining the significance of patriotism in shaping the future of Malaysia.

In his address, YB Wong also highlighted the importance of a holistic curriculum that develops well-rounded students. He emphasised that education should extend beyond academic achievement to include patriotism, digital and financial literacy, social-emotional learning, and entrepreneurship.

In conjunction with the National Day celebration, Wesley Methodist Schools across Peninsular Malaysia organised a series of activities to foster patriotism and unity among students and teachers:

• Wesley Methodist School Penang (International): A Patriotic Unity Run was held symbolising shared pride and patriotism among the students and their teachers.
• Wesley Methodist School Kuala Lumpur (Private): Students participated in choral speaking, sajak recitation, patriotic singing, and came dressed in traditional attire to showcase Malaysia’s cultural richness.
• Wesley Methodist School Klang (Private): The school highlighted cultural inclusion through song and dance performances, traditional games, and team activities such as coconut bowling, encouraging camaraderie and festive spirit.

These meaningful activities complemented the book launch, reflecting Wesley Methodist Schools’ ongoing commitment to nurturing not only academic growth but also national identity, values of inclusivity, and love for the country.

For more information about the books or Wesley Methodist School, please contact:
+603-7956 5310 / +603-7957 7746.

Hashtag: #Merdeka2025 #StrongerTogetherMY #UnityInDiversity #FaithHopeUnity #BuildingTheNationTogether #CelebratingMalaysia #VoicesOfUnity #HarmonyAndHope #PatriotismInAction #BanggaJadiAnakMalaysia #CintaTanahAir

http://wms-school.edu.my

The issuer is solely responsible for the content of this announcement.

Wesley Methodist School

Wesley Methodist School (WMS) provides a well-rounded, character-driven education that nurtures the mind, body, and spirit. Rooted in Christian values, our holistic approach combines academic excellence with strong character formation, instilling confidence, resilience, and integrity in every student.

Guided by our core values of God-centredness, Integrity, Respect for Life, and Excellence with Humility, we prepare students to thrive in life and make a positive impact on society.

HONG KONG SAR – Media OutReach Newswire – 29 August 2025 – Huatai Securities (“Huatai” or “The Company”) today announced its financial results for the first half of 2025, demonstrating significant growth fueled by its strategic focus on technological innovation and integrated global financial services.

• Robust Revenue Growth: Total revenue grew to RMB 20.98 billion, up 5.86% year-on-year, reinforcing its top-tier position in the industry.
• Prominent Net Profit Growth: Net profit attributable to shareholders reached RMB 7.55 billion, a year-on-year increase of 42.16%, demonstrating high-quality development.
• Capital Markets Leadership: The company ranked #2 in IPO underwriting by value in the A-share market, and #1 in both M&A advisory volume and ABS issuance.

Reflecting its strong performance, the company has declared an interim dividend of RMB 1.5 per 10 shares, continuing its commitment to delivering shareholder value.

As China’s economy advances through innovation and further opens to the world, the demand for sophisticated global financial services is accelerating. Huatai is dedicated to delivering world-class financial solutions with client-centric approach, combined with deep capital markets expertise and advanced digital platforms. By aligning its professional strengths with key economic priorities, the company is committed to providing the financial catalyst for China’s next phase of growth.

Powering China’s Innovation Economy

Huatai’s growth is deeply intertwined with China’s innovation-driven economy. This leadership was evident in the first half of 2025, where the company demonstrated its full-service capabilities in supporting enterprises in key sectors like technology, healthcare, and green energy:

• Capital Markets Dominance: Equity underwriting included 14 deals valued at RMB 49 billion. The company ranked #2 in IPO underwriting by value in the A-share market and #1 by volume of disclosed regulatory-registered M&A deals as independent financial advisor.
• Financing Innovation: Huatai underwrote 108 technology and innovation bonds totaling RMB 37.1 billion and 27 green bonds amounting to RMB 6.9 billion, channeling capital towards sustainable development.
• Private Equity: Huatai’s private equity arm, Huatai Zijin, managed 32 active funds and completed 15 new investments in the first half, fostering regional economic growth and strategic synergies.
• Asset Securitization and REITs: Huatai Asset Management led the industry by issuing 77 new ABS products and launching the market’s first manager-led ABS index. The company also ranked #1 in public REITs issuance, with a total scale of RMB 4.7 billion.
• Public Finance Leadership: The company also ranked #1 in the industry for local government bond underwriting, with successful bids totaling RMB 12.8 billion, according to the Securities Association of China.

Strengthening a Seamless Cross-Border Network

To meet evolving market and client demands, Huatai is strategically enhancing its cross-border capabilities to power the globalization of Chinese enterprises. This momentum was clear in the first half of the year:

• Strategic Licensing: Huatai secured a Mainboard Sponsor license in Singapore, a non-U.S. sovereign debt broker-dealer qualification in the U.S., and, in July 2025, an FPI license to access India’s capital markets.
• Hong Kong Market Leadership: The company cemented its top-tier position in Hong Kong, executing multiple landmark projects and acting as a sponsor on 9 IPOs, ranking #2 by number of deals.
• Global Research & Sales: The company’s research coverage of overseas-listed companies surged by 125%, and the number of overseas reports grew 96%.

Driving Next-Generation Finance with AI

With its “All In AI” vision, Huatai is fundamentally reshaping financial services. The company has deployed a proprietary, full-stack AI platform that leverages its deep financial data and scenario expertise to drive intelligent upgrades across investment research, advisory, banking, and operations. The next phase of Huatai’s AI strategy marks a strategic shift from isolated “scenario breakthroughs” to comprehensive “system building,” focusing on two objectives: enhancing efficiency and optimizing services.

• Enhancing Efficiency: Internally, the company is actively pioneering the use of AI agents as a ‘digital workforce,’ moving from ‘Q&A’ interactions and content generation to sophisticated task execution. This approach aims to amplify employee capabilities and boost organizational efficiency by improving work productivity, convenience, and data insights.

• Optimizing Services: By embracing the latest technological trends and deeply integrating AI into its financial services, Huatai is moving beyond mere efficiency gains toward a fundamental reinvention of its service model, helping to pioneer the next phase of the industry’s AI+digital development.

Looking ahead, Huatai will continue to use its deep industry insight and technological foresight to champion industrial growth and guide Chinese enterprises through an increasingly uncertain global market.

Hashtag: #HuataiSecurities

The issuer is solely responsible for the content of this announcement.

About Huatai Securities

Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.