(31 March 2026 – Hong Kong) Realord Group Holdings Limited (the “Company”, together with its subsidiaries, the “Group”, stock code: 1196) announced its audited annual results for the year ended 31 December 2025. At the same time, the Group announced its proposal to rename the Company as “Realord Technology Company Limited” (偉祿科技股份有限公司). This marks the official launch of the Group’s strategic transformation, with active deployment into the mobile gaming and technology sectors to develop new growth engines. During the period, the Group recorded a total revenue of approximately HK$556 million, and gross profit was HK$133 million.

The principal activities of the Group during the year included the Property Segment, the Financial Services Segment, the Environmental Protection (EP) Segment, the Motor Vehicle Parts (MVP) Segment, the Latin American and Caribbean (LAC) Segment, and the Others Segment.

Strategic Transformation: the Group renames as “Realord Technology” and deploys a layout into Mobile Game Publishing and Operation Business

In recent years, the Company has continued to integrate and streamline its businesses and resources while actively exploring new opportunities. The mobile gaming market has shown strong growth momentum and possesses considerable long-term development prospects. On 6 February 2026, the Company entered into a non-legally binding Memorandum of Understanding with Mr. Jeffrey Lyndon Ko regarding the proposed strategic cooperation for the development of mobile game publishing and operation business. Through this strategic cooperation, the Group will be able to expand into the mobile gaming sector in Mainland China, opening up a new business growth point for the Group.

To align the Company’s direction of future business development, the Board proposes to change the English name of the Company from “Realord Group Holdings Limited” to “Realord Technology Company Limited”, and to adopt the Chinese Name of “偉祿科技股份有限公司”as the secondary name of the Company in place of the existing name of “偉祿集團控股有限公司” (the “Proposed Change of Company Name”). The Board considers that the new English and Chinese names of the Company can provide the Company with a new corporate image and identity, which will enable the Group to better identify itself and capture potential business opportunities for its future development.

Property Segment: Steady Progress in Property Development: Longhua Qiankeng Project Nears Topping Out

Property investment, development, and commercial operations remain the Group’s core development strategy. During the period, the Group held five property projects in Shenzhen, including three investment properties (Realord Villas and Zhangkengjing Property in Longhua District, and Realord Technology Park in Guangming District) and two development projects (Laiying Garden in Nanshan District and Qiankeng Property in Longhua District).

The revenue of Property Segment was mainly derived from the rental income of the Group’s investment properties. The Group generated rental income of HK$34.8 million in FY2025 (FY2024: HK$42.5 million). Decrease in rental income was mainly generated from the decrease in number of tenants of Sincere Mall, the shopping mall inside Realord Villas. Up to the date of report, the number of tenants of Sincere Mall was 29 including children’s amusement park, education training centres, coffee shops, restaurants, fitness studios and billiard room. The Realord Technology Park project, with total construction area of approximately 110,000 square meters, is planned to be developed in two phases. In 2024, the Group signed a lease agreement with a hotel operator for Phase I of the project. The development of Phase II will be initiated after obtaining the necessary approvals from the government. Qiankeng Property, also known as “偉祿藍悅美成家園" in Longhua District, Shenzhen, the construction scale was approximately 166,000 square meters and the redevelopment works were processing. Up to the date of report, the redevelopment works on main structure engineering were processing, which one commercial residential house building had been topped out and two affordable housing buildings closed to be topped out.  For Zhangkengjing Property, the application of change of land use from industrial use to residential apartments and commercial use was still under review as at the reporting date. For Laiying Garden, the Group obtained the land use permit from relevant government authority in July 2023 and obtained the construction permit on earthwork and foundation construction in March 2024 and the redevelopment works on foundation and earthwork construction were still being processed up to the date of report.

Financial Services Segment: Maintaining Stable Profitability

The revenue of Financial Services Segment was HK$88.5 million in FY2025, representing a decrease of HK$43.9 million as compared to HK$132.4 million in FY2024. Decrease in revenue was due to decrease in interest income from money lending business and margin financing business and decrease in income from financial services since there was no financial services income generated from share placement and underwriting projects during the year. Financial Services Segment recorded a segment profit of HK$40.8 million in FY2025 and continued to generate stable profits for the Group.

Environmental Protection Segment: Revenue Surges Significantly to HK$421.6 Million

The Environmental Protection Segment delivered a strong performance, with revenue reaching HK$421.6 million in FY2025, representing a significant year-on-year increase of 84.0%, primarily driven by the Group's successful expansion of its customer network in Mainland China. Realord EP Japan holds approximately 19,609 square meters (4 　pieces) of leased land in Osaka, providing a solid foundation for business development. Going forward, the EP Segment will continue to seek new sources of metal scrap and develop new customer bases in Mainland China and Japan.

Latin America and Caribbean Segment: Actively Expanding Regional Operations and Exploring Investment Opportunities

The principal business of LAC Segment was provision of citizenship application and consultancy services on citizenship by investment programme (“CBI Programme”) and development of the Grenada Project. The revenue of LAC Segment was HK$7.2 million in FY2025 (HK$20.0 million in FY2024). Decrease in revenue was mainly due to decrease in number of applications granted by the Minister of Grenada.

The Grenada Project involved the development of a mixed property project consisting educational facilities, apartments for student, hotel and resort facilities, commercial development and shopping facilities and in a longer plan university establishment(s) and related amenities.

The Group has been granted "Approval Project Status" by the Government of Grenada, allowing it to develop projects using foreign investor funding in accordance with local laws. Through the CBI Programme, the LAC Segment is authorised to raise capital from project investors for construction and development costs. Qualified investors of the real properties will be granted permanent Grenadian citizenship and a passport offering visa-free travel including the United Kingdom, EU Schengen countries and the Mainland China. The Project marks a significant flag of our Group into the Caribbean region.

The Grenada Project marks an important milestone for the Group's entry into Caribbean and Latin American region and enabled it to expand its scale of overseas operation. By inviting foreign investment under the CBI Programme of Grenada, the Group had embarked on the Grenada Project and established a professional management and marketing team with offices in Beijing, Shenzhen and Hong Kong, and engaged consultants in the United States to comprehensively promote the CBI Programme.

The Group is keen to leverage its experience in the Grenada Project to explore further investment opportunities around the Caribbean economic zone and Latin American region. It is the corporate strategy of the Group to invest and/or to form joint ventures with local governments in the Caribbean economic zone to set up and develop new businesses taking advantage of raising capital from foreign investors through the CBI Programme of different countries. The Caribbean region has long been popular with the Western countries such as Europe, the United States of America and Canada, and is an ideal place for vacations. In particular, Antigua and Barbuda, and Saint Kitts and Nevis are closer to the United States of America, and both countries have direct flights to Europe, the United States of America and Canada. It is the Group’s strategy to seek for professional investors to jointly invest in the projects in the Caribbean economic zone and Latin American region. Further, the Group is identifying capable and competent business partners with significant track record to participate in the projects. Subject to the planning and the feasibility studies of the projects as well as the requisite approval by the respective local government, it is expected that the Group would kick off the projects in near future.

Outlook

Despite the global economic and business environment remaining full of challenges, the Group will take strategic transformation as an opportunity and continue to adhere to prudent operations alongside innovative development. In terms of new businesses, the Group will actively advance the strategic cooperation in mobile game publishing and operation, seizing the enormous growth potential of the Chinese mobile gaming market to inject technological genes and new momentum into the Group. When it comes to the existing businesses, the Group will continue to push forward the progress of its five major property projects in Shenzhen, especially key projects such as Qiankeng Property and Laiying Garden. The financial services segment will continue to provide high-quality services to clients in the international capital markets. The environmental protection segment will further expand its customer networks in Mainland China and Japan, consolidating its position as the Group’s major revenue contributor. The Group will adopt a cautious yet flexible approach, actively manage operating costs, and optimise business strategies to effectively respond to market changes, with the commitment to creating maximum value for shareholders.