Elegance Optical International Holdings Limited released a quarterly update covering 1 April–31 July 2026 while its shares remain suspended since 23 April 2026.
Operating performance • Eyewear trading: Completed 10 contracts worth HK$21.90 million, generating HK$6.40 million profit; the largest customer accounted for 37 % of segment revenue. • Film investment and distribution: Continued work on the “Battle of Penghu” project with Filmko Film Co., Ltd.; segment profit reached HK$1.00 million on a cumulative HK$20.00 million investment. • Liquor production and sales: Sold 68,040 bottles through four domestic distribution channels, delivering HK$8.20 million profit. Total unaudited segment profit for the four-month period amounted to HK$15.60 million.
Balance-sheet improvement As at 31 July 2026, cash and cash equivalents stood at HK$1.80 million (31 March 2026: HK$5.30 million). Total borrowings fell sharply to HK$15.40 million from HK$117.50 million after a shareholder waived a RMB90.00 million (HK$102.09 million) loan on 26 June 2026. Net current assets turned positive at HK$84.10 million versus a HK$38.40 million deficit three months earlier, providing greater financial flexibility.
Resumption roadmap To satisfy the Hong Kong Stock Exchange’s resumption guidance: 1. Business scale: Management is strengthening the three core segments, expanding supplier networks and distribution channels, and negotiating additional eyewear and liquor framework agreements. 2. Board composition: Independent director requirements were met on 18 June 2026 with the appointment of Mr. Peng Yanming, bringing independent non-executive representation to 37.5 % of the Board. 3. Disclosure: Audited FY2026 results were published on 30 June 2026; quarterly operational updates and any material developments will continue to be released.
Trading status Share trading will remain suspended until the Exchange’s resumption conditions are fully satisfied. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.