WH Group Limited — Earnings Release 2025

Nov 25, 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.

China Baoli Technologies Holdings Limited

中國寶力科技控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 164)

PROFIT WARNING

This announcement is made by China Baoli Technologies Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rules 13.09 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") 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 "Director(s)") of the Company hereby inform the shareholders of the Company (the "Shareholders") and potential investors that, based on its preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 September 2025 (the "Period"), the Group is expected to record an unaudited loss attributable to owners of the Company ranging from approximately HK$14.0 million to HK$18.0 million for the Period, as compared to a loss attributable to owners of the Company of approximately HK$7.5 million for the six months ended 30 September 2024.

Based on the information currently available, the expected increase in loss attributable to owners of the Company was primarily attributable to (i) the absent of gain on reversal of expected credit loss allowance; (ii) the decrease in other income for the Period, among others, due to the decrease in gain on settlement; and (iii) the increase in exchange loss, as compared with the corresponding period in 2024.

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The Group is still in the process of preparing the unaudited consolidated results of the Group for the Period. The information contained in this announcement is only based on the Board's preliminary assessment of the unaudited consolidated management accounts of the Group for the Period and information currently available to the Company, which have not been reviewed or audited by the auditors of the Company nor the audit committee of the Company, and may therefore be subject to change. Shareholders and potential investors are advised to read the interim results announcement of the Company for the Period carefully, which is expected to be published by 27 November 2025.

Shareholders of the Company and investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board
China Baoli Technologies Holdings Limited
Chu Wei Ning
Executive Director and Chief Executive Officer

Hong Kong, 25 November 2025

As at the date of this announcement, the executive Directors are Mr. Wang Bin (Chairman), Mr. Zhang Yi (Vice Chairman), Ms. Chu Wei Ning (Chief Executive Officer) and Ms. Lam Sze Man; and the independent non-executive Directors are Mr. Chan Fong Kong, Francis, Mr. Chan Kee Huen, Michael and Mr. Feng Man.