Hong Kong – 28 Aug 2026 – CHINA AI Infrastructure Group Limited (CHINA AI INFRA, 02349) reported its unaudited results for the six months ended 30 June 2026, revealing higher top-line growth from property management and a new water-products venture, but a deeper bottom-line loss driven by fresh fair-value write-downs on investment properties.

Revenue and margin • Group revenue rose 12.1% year on year to HK$28.08 million (1H 2025: HK$25.05 million), supported by: – Property Management: HK$10.86 million, up 32.9% on stronger contributions from the Henan branch. – Property Investment: HK$15.21 million, down 9.8% amid a softer leasing market; average occupancy for Wuhan “Future City” improved to 89.8% from 88.2%. – Inaugural Water-Products Sales: HK$2.01 million following the launch of distribution for “5100 Tibet Spring”.

• Gross profit increased 12.9% to HK$16.35 million, lifting the gross margin 0.4 percentage points to 58.2%.

Earnings pressure from property revaluation • A fair-value loss of HK$53.14 million on investment properties (1H 2025: HK$35.87 million loss) outweighed operating gains, pushing the period’s net loss to HK$54.44 million, 22.9% wider than the HK$44.27 million loss a year earlier. • Finance costs eased to HK$17.08 million (-11.9%), reflecting lower interest expenses, but administrative costs grew 12.4% to HK$13.56 million due to higher staffing outlays.

Balance-sheet metrics • Total assets slipped marginally to HK$1.03 billion at 30 June 2026 (31 Dec 2025: HK$1.04 billion). • Net current liabilities expanded to HK$26.03 million (31 Dec 2025: HK$8.81 million). • Cash and bank balances stood at HK$17.29 million, down from HK$22.30 million six months earlier. • Total borrowings increased to HK$412.59 million, lifting the gearing ratio to 75.7% (31 Dec 2025: 70.1%). Current ratio deteriorated to 0.65 from 0.84. • Investment properties, mainly Wuhan’s Future City mall and associated carparks, were valued at HK$973.22 million, down 1.9% from year-end 2025.

Operational highlights • Future City mall contributed HK$14.30 million in rental income; carpark assets added HK$0.88 million. • The Group’s workforce expanded to 131 employees (1H 2025: 121); staff costs totalled HK$10.88 million. • No interim dividend was declared; no share repurchases occurred during the period.

Outlook Management signalled plans to rebalance the portfolio, including potential disposals of investment properties to fund technology-aligned growth, while continuing to monitor geopolitical and economic volatility. The company will explore further diversification opportunities to enhance long-term revenue resilience.