迷策略二零二五年中期报告

CONTENTS 2Corporate Information5Management Discussion and Analysis23Corporate Governance and Other Information33Report on Review of Condensed Consolidated Financial Statements35Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income36Condensed Consolidated Statement of Financial Position38Condensed Consolidated Statement of Changes in Equity40Condensed Consolidated Statement of Cash Flows42Notes to the Condensed ConsolidatedFinancial Statements62Definitions Corporate Information BOARD OF DIRECTORS Executive Directors The following directors resigned on April 1, 2025:Dr. Chen Ping(Chairman)Ms. Wang ZheshiMr. Feng YijingMr. Wang Jun The following directors appointed on April 1, 2025:Mr. Chan Chin Ching(Chairman)Mr. Chan Chin ChunMr. Kwong Kevin Tak TsingMr. Lee Alexander Patrick Independent Non-executive Directors The following directors resigned on April 1, 2025:Mr. Gu JiongMr. Fong Wo, FelixMr. Yang Hai The following directors appointed on April 1, 2025:Mr. Ng Pui Sun WesleyMs. Peng ChengMr. Siu Chi Wai AUDIT COMMITTEE Mr. Gu Jiong(Chairman) (Resigned on April 1, 2025)Mr. Fong Wo, Felix(Resigned on April 1, 2025)Mr. Yang Hai(Resigned on April 1, 2025) With effect from April 1, 2025:Mr. Siu Chi Wai(Chairman)Mr. Ng Pui Sun WesleyMs. Peng Cheng REMUNERATION COMMITTEE Mr. Fong Wo, Felix(Chairman) (Resigned on April 1, 2025)Mr. Feng Yijing(Resigned on April 1, 2025)Mr. Yang Hai(Resigned on April 1, 2025) With effect from April 1, 2025:Mr. Ng Pui Sun Wesley(Chairman)Mr. Chan Chin ChingMr. Siu Chi Wai Corporate Information NOMINATION COMMITTEE Dr. Chen Ping(Chairman) (Resigned on April 1, 2025)Mr. Gu Jiong(Resigned on April 1, 2025)Mr. Fong Wo, Felix(Resigned on April 1, 2025) With effect from April 1, 2025:Mr. Chan Chin Ching(Chairman)Mr. Ng Pui Sun WesleyMs. Peng Cheng AUTHORIZED REPRESENTATIVES Mr. Chan Chin Ching(Appointed on April 1, 2025)Dr. Chen Ping(Resigned on April 1, 2025)Ms. Pun Ka Ying COMPANY SECRETARY ACG, HKACG Ms. Pun Ka Ying ACG, HKACG REGISTERED OFFICE IN THE CAYMAN ISLANDS 89 Nexus WayCamana BayGrand Cayman KY1-9009Cayman Islands 89 Nexus WayCamana BayGrand Cayman KY1-9009Cayman Islands PRINCIPAL PLACE OF BUSINESS IN THE PRC 8/F, Building B49 Mozhoudong RoadJiangning Economic andTechnological Development ZoneNanjingJiangsu ProvincePRC 9B48 PRINCIPAL PLACE OF BUSINESS INHONG KONG Room 1920, 19/F.Lee Garden One33 Hysan AvenueCauseway BayHong Kong 33191920 CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman KY1-9009Cayman Islands Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman KY1-9009Cayman Islands Corporate Information HONG KONG SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong LEGAL ADVISOR As to Hong Kong law 8811 Hogan Lovells11th FloorOne Pacific Place88 QueenswayHong Kong AUDITOR •8835 Deloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditors35/F., One Pacific Place88 QueenswayHong Kong PRINCIPAL BANKS 83 Hang Seng Bank Limited83 Des Voeux Road CentralHong Kong 66 China Merchants Bank Jiangning BranchNo. 66 Shengtai RoadJiangning DistrictNanjing CityJiangsu ProvincePRC STOCK CODE 2440 2440 COMPANY’S WEBSITE https://memestrategy.com.hk/ https://memestrategy.com.hk/ MemeStrategy, Inc.INTERIM REPORT 20254 Management Discussion and Analysis The Group is principally engaged in the technology sector,specializing in the development of hardware and software for Internetof Things (IoT), telecommunication and other innovative technology-driven fields. As disclosed in the announcement dated June 9, 2025 and approvedby shareholders in the extraordinary general meeting, the Groupchanged its name from “Howkingtech International Holding Limited”to “MemeStrategy, Inc.” This rebranding reflects our commitment toadvancing decentralized technologies, leveraging artificial intelligence(“AI”), blockchain and other cutting-edge technologies to drive digitalasset and Web3 project development. Building on our established IoTexpertise, the Group is focused on unlocking new avenues forsustainable growth in the evolving digital economy. Howkingtech International HoldingLimitedMemeStrategy, Inc.AIWeb3 The Group has been operating in the rapidly growing IoT market inthe People’s Republic of China (PRC) since 2012, started providingdata transmission and processing services for IoT applications tocustomers in various industries in 2018. The Group expanded into theprivate 5G network market in the PRC in 2020 by upgrading its datatransmission and processing services with 5G technologies. In 2022,the Group was successfully listed on the Stock Exchange of HongKong. 5G5G Management Discussion and Analysis Financial Performance 31.130.2%21.7 Entering 2025, the global operating environment remained uncertain.Despite the Group has maintained its presence in