China Wantian Holdings (1854) investor relations material

Executive summary

• Underwent strategic realignment, focusing on asset-light operations and technology-driven growth, including divestment of real estate and pivot to AI and robotics partnerships.

• Established Shenzhen Wantian AI Technology to drive automation and smart hardware initiatives, forming alliances with regional tech firms.

• Completed major property disposals and lease terminations to optimize capital and reduce fixed costs.

• Revenue for the six months ended 30 June 2026 was HK$376.6 million, down 38.8% year-over-year, mainly due to lower food supply sales in the PRC and fewer operating restaurants.

• Loss for the period narrowed to HK$30.4 million from HK$46.9 million year-over-year, reflecting cost reductions and asset disposals.

Financial highlights

• Revenue for the six months ended 30 June 2026 was HK$376.6 million, down 38.8% year-over-year from HK$614.9 million.

• Gross profit was HK$17.5 million (gross margin 4.6%), compared to HK$25.3 million (4.1%) in the prior year.

• Loss for the period narrowed to HK$30.4 million from HK$46.9 million year-over-year.

• Net cash generated from investing activities was HK$40.4 million, mainly from property disposals.

• Cash and cash equivalents increased to HK$63.8 million from HK$55.8 million at year-end 2025.

Outlook and guidance

• Plans to pursue dual-engine growth by integrating AI, robotics, and smart hardware with core commercial operations.

• Focus on automating inventory, logistics, and supply chain management to enhance productivity and margins.

• Management to accelerate rollout of AI-enabled healthcare and mobility solutions, supported by recent liquidity gains.

• Continued capital allocation toward high-margin, tech-enabled business ventures in the Greater Bay Area.

• Proposed rebranding to China Onetech Holdings Limited to reflect strategic shift.