SIM Technology Group Limited — Earnings Release 2026

Feb 9, 2026

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SIM TECHNOLOGY GROUP LIMITED 農訊科技集團有限公司*

(Incorporated in Bermuda with limited liability)
(Stock code: 2000)

ANNOUNCEMENT

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong).

The board ("Board") of directors ("Directors") of SIM Technology Group Limited ("Company", together with its subsidiaries, "Group") hereby announces that the unaudited monthly revenue of the Group was as follows:

1. Comparison of revenue with last month

	January 2026 December 2025		Change
	(HK\$'million)	(HK\$'million)	(%)
Revenue from core business	28.0	49.9	-43.8
Revenue from non-core business	2.9	2.7	+7.7
Total unaudited revenue of the Group	30.9	52.5	-41.2

Given the heavy impact from intense competition across the automative industry, the Group has shifted its business plan and strategy and has ceased pursuing new purchase orders in the automative intelligent product business since January 2026. Furthermore, the Group's customers also adjusted the delivery time of their purchase orders. Therefore, the Group's deliveries and revenue from core business in January 2026 both decreased significantly as compared to those in December 2025. The revenue from non-core business predominantly comprised of rental income. The revenue from non-core business in January 2026 was roughly the same as that in December 2025.

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2. Comparison of revenue from core business with the same month of last year

	January 2026	January 2025	Change (%)
	(HK\$'million)	(HK\$'million)
Revenue from core business	28.0	38.7	-27.7

Given the heavy impact from intense competition across the automative industry, the Group has shifted its business plan and strategy and has ceased pursuing new purchase orders in the automative intelligent product business since January 2026. Furthermore, the Group's customers also adjusted the delivery time of their purchase orders. Therefore, the Group's deliveries and revenue from core business in January 2026 both decreased significantly as compared to those in the same period last year.

3. Comparison of total unaudited revenue of the Group for the one month ended 31 January 2026 with the same period last year

	One month ended	One month ended	Change (%)
	31 January 2026	31 January 2025
	(HK\$'million)	(HK\$'million)
Total unaudited revenue	20.0	42.4	27.0
of the Group	30.9	42.4	-27.0

Given the heavy impact from intense competition across the automative industry, the Group has shifted its business plan and strategy and has ceased pursuing new purchase orders in the automative intelligent product business since January 2026. Furthermore, the Group's customers also adjusted the delivery time of their purchase orders. Therefore, the total unaudited revenue of the Group for the one month ended 31 January 2026 decreased significantly as compared with the same period last year.

As a result of the shift in the Group's business plan and strategy, from January 2026, the core business of the Group comprises the ODM (original design manufacturer) of intelligent terminals business and the non-core business of the Group comprises properties management.

The above information is extracted from the management accounts of the Group, which have not been reviewed or audited by the auditors of the Company. All information shall be subject to the audited financial information of the Group. Investors and shareholders of the Company are advised not to rely on such information, and the directors of the Company shall not be responsible for any reliance placed thereon. Investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.

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By order of the Board SIM Technology Group Limited Wong Cho Tung

Chairman

9 February 2026

As at the date of this announcement, the executive Directors are Mr. Wong Cho Tung, Ms. Yeung Man Ying, Mr. Zhu Wenhui and Mr. Zhu Qi, the non-executive Director is Mr. Wong Hei, Simon, and the independent non-executive Directors are Ms. Lai Ka Fung May, Mr. Li Minbo and Mr. Yang Wentao.

* For identification purposes only