Hong Kong Technology Venture Company Limited (the “Group”) provided updates on its 2025 business performance and unaudited operational data for December 2025 and the full financial year.

The Group reported a 2.4% year-on-year increase in Hong Kong’s total retail sales value in 2025, while outbound travel by local residents recorded a significant annual rise of 12.3%. Despite these signs of recovery, certain retail segments continued to face challenges, influencing the Group’s overall performance. During 2025, the Group recorded a Gross Merchandise Value (GMV) on Order Intake of HK$8.43 billion, representing a slight drop of 1.7% compared with 2024. Within this figure, HKTVmall recorded HK$7.98 billion, marking a 3.5% decline, while the Wet Market Express service delivered robust 47.1% growth to reach HK$394.4 million.

The Group’s annual customer base grew to 1,539,000 in 2025, up from 1,519,000 in 2024. HKTVmall’s Monthly Active Unique Devices stood at approximately 1.6 million in December, showing stable user engagement. Given an increasingly dynamic operating environment, the Group intends to adopt a prudent, disciplined approach to investments, including periodic reviews of new initiatives. In addition, the Group will cease providing quantitative performance targets going forward.

In December 2025, the Group’s Hong Kong Ecommerce business recorded an average daily order number of 45,700 and an average order value of HK$458. Monthly GMV on Order Intake was HK$649 million. These figures represent respective changes from prior months and the same period in 2024, reflecting short-term fluctuations and market seasonality. All information is unaudited, and shareholders and potential investors are advised to interpret these data with caution.