OneForce Holdings Limited reported revenue of RMB129.14 million for the six months ended 30 September 2025, down 30.1% year-on-year from RMB184.63 million. This decrease was attributed mainly to a reduced number of projects, reflecting the Group’s focus on strengthening cash flow management by scaling back engagements with longer payment cycles.

Gross profit reached RMB3.92 million, representing a sharp drop compared to RMB17.83 million in the same period last year. The overall gross profit margin fell from 9.7% to 3.0%, driven by intensified market competition and a price adjustment strategy aimed at establishing relationships with long-term customers.

Loss attributable to shareholders stood at RMB71.31 million, widening from a loss of RMB13.99 million in the previous year. Besides lower gross profit, the increase in impairment losses on trade receivables and contract assets, which rose by RMB40.36 million, also weighed on the result. As a result, basic and diluted loss per share was RMB14.39 cents compared to RMB2.82 cents in the prior period.

Among the Group’s major revenue segments, software and solutions contributed RMB33.19 million, technical services RMB72.18 million, and product sales RMB23.77 million. Technical services and software solutions faced notable declines, while product sales benefited from demand growth in internet-of-things-related hardware.

At the end of the Reporting Period, intangible assets stood at RMB0.36 million, and property, plant, and equipment amounted to RMB3.47 million. The Group recorded net current assets of RMB169.43 million, with a current ratio of 1.57 times. Total interest-bearing liabilities amounted to RMB127.65 million, representing 75.4% of net assets.

No significant acquisitions, disposals, or major investments were recorded during the Reporting Period. The Board of Directors did not recommend an interim dividend. The Group reiterated its commitment to leveraging ongoing digital transformation trends in the power and energy sectors, backed by supportive policies and market demand for digital infrastructure.