Hong Kong-listed Sino-Ocean Group Holding Limited released the audited 2025 results of its indirect wholly-owned subsidiary, Beijing Sino-Ocean Group Holding Limited, prepared under China Accounting Standards for Business Enterprises.

Key 2025 performance highlights (year-on-year):

1. Earnings and revenue • Revenue fell 44.14 % to RMB11.14 billion. • Net loss deepened 31.86 % to RMB20.21 billion.

2. Balance-sheet movements • Total assets declined 15.01 % to RMB147.56 billion. • Total liabilities slipped 3.49 % to RMB154.87 billion. • Shareholders’ equity turned from RMB13.15 billion positive to RMB7.31 billion negative, reflecting the enlarged loss. • Cash resources (including restricted deposits) rose 33.65 % to RMB4.90 billion.

3. Liquidity indicators • Current assets decreased to RMB114.55 billion, while current liabilities expanded to RMB136.43 billion, lowering the current ratio to 0.84 from 1.04.

The figures relate solely to Beijing Sino-Ocean Group Holding Limited and its subsidiaries and do not represent the consolidated position of Sino-Ocean Group Holding Limited. The statements were audited by BDO China Shu Lun Pan Certified Public Accountants LLP and will be posted on the Shanghai Stock Exchange website on 29 April 2026. Shareholders and investors are advised to exercise caution when interpreting these subsidiary-level results.