TI Cloud Inc. — Earnings Release 2024

Mar 11, 2025

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.

Ti Cloud Inc.

天润云股份有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2167)

POSITIVE PROFIT ALERT

This announcement is made by TI Cloud Inc. (the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors", each a "Director") of the Company wishes to inform shareholders (the "Shareholders") of the Company and potential investors that, based on its preliminary review of the unaudited consolidated management accounts of the Group for the year ended December 31, 2024 (the "Reporting Period") and other information currently available, the Group is expected to (i) record a revenue of approximately RMB500 million for the Reporting Period, representing a growth of approximately $12.0\%$ as compared to that of approximately RMB446.8 million for the year ended December 31, 2023; (ii) record a gross profit of approximately RMB260 million for the Reporting Period, representing a growth of approximately $21.0\%$ as compared to that of approximately RMB214.8 million for the year ended December 31, 2023; and (iii) record a net profit of more than RMB25 million for the Reporting Period, as compared to the net loss of approximately RMB8.6 million for the year ended December 31, 2023.

The Board believes that the expected turnaround from loss to profit is mainly attributable to:

1. an increase in revenue from SaaS solutions contributed by the continuous enhancement of the Company's AI product offerings, improving features and capabilities to attract new clients; and

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1. effective optimization of the Company's research and development processes, increasing its efficiency and productivity.

As of the date of this announcement, the Company is still in the process of finalizing its annual results for the Reporting Period. The information contained in this announcement is only based on the preliminary assessment by the management of the Company with reference to the unaudited consolidated management accounts of the Group for the Reporting Period and other information currently available, which have not been confirmed, audited or reviewed by the Company's auditors or the audit committee of the Company, and may be subject to further adjustment or amendments.

Shareholders and potential investors of the Company should refer to the annual results announcement of the Company for the Reporting Period, which is expected to be published before the end of March 2025, for details of the performance of the Group.

Shareholders and potential investors should exercise caution when dealing in the shares of the Company.

By order of the Board

TI Cloud Inc.

Mr. WU Qiang

Chairman of the Board

Hong Kong, March 11, 2025

As of the date of this announcement, the Board comprises Mr. WU Qiang, Mr. PAN Wei, Mr. LI Jin and Mr. AN Jingbo as executive Directors, and Ms. WENG Yang, Mr. LI Pengtao and Mr. LI Zhiyong as independent non-executive Directors.

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