三六一度国际有限公司2026年中期业绩公告

(Incorporated in the Cayman Islands with limited liability)(Stock Code: 1361) 2026 INTERIM RESULTS ANNOUNCEMENT The Board of Directors (the “Board”) of 361 Degrees International Limited (the “Company”)hereby announces the unaudited results of the Company and its subsidiaries (together referredto as the “Group”) for the six months ended 30 June 2026. This announcement, containing thefull text of the interim report of the Company for the six months ended 30 June 2026 (the “2026Interim Report”), complies with the relevant requirements of the Rules (the “Listing Rules”)Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “StockExchange”) in relation to information to accompany preliminary announcements of interimresults. INTERIM REPORT2026 CONTENTS 2Financial Highlights4Overview of Interim Results6Chairman’s Statement10Management Discussion and Analysis52Condensed Consolidated Statement of Profit or Loss53Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income54Condensed Consolidated Statement of Financial Position56Condensed Consolidated Statement of Changes in Equity57Condensed Consolidated Statement of Cash Flows58Notes to the Condensed Consolidated Interim FinancialStatements74Corporate Governance and Additional Information81Shareholder Information82Company Information FINANCIALHIGHLIGHTS Revenue increased from RMB5,704.8 million to RMB6,159.8 million Notes: (1)Effective income tax rate is equal to the income tax divided by the profit before taxation for the period. (2)For the six months ended 30 June 2026, return on shareholders’ equity is equal to the profit attributable to equity holders divided by the average ofopening and closing equity attributable to shareholders of the Company for the period, excluding the net proceeds from the Subscription (as defined onpage 48 of this report) of HK$610.8 million (equivalent to RMB531.9 million) received in May 2026. For the six months ended 30 June 2025, return on shareholders’ equity is equal to the profit attributable to equity holders divided by the average ofopening and closing equity attributable to shareholders of the Company for the period. (3)The ratio for the year is expected to range between 3% and 4%, as a result of an increase in scheduled research and development activities during thesecond half of 2026. FINANCIALHIGHLIGHTS Notes: (4)The calculation of gearing ratio is based on the interest-bearing debt divided by the total assets of the Group as at the end of the period/year.(5)The calculation of net asset value per share is based on the net assets divided by total number of ordinary shares in issue (excluding treasury shares) at theend of the period/year.(6)Inventory turnover days is equal to the average opening and closing inventories divided by costs of sales and multiplied by 181 days (for the six monthsended 30 June 2026) and 365 days (for the year ended 31 December 2025).(7)Trade and bills receivables turnover days is equal to the average opening and closing trade and bills receivables after allowance of doubtful debts dividedby revenue and multiplied by 181 days (for the six months ended 30 June 2026) and 365 days (for the year ended 31 December 2025).(8)Trade and bills payables turnover days is equal to the average opening and closing trade and bills payables divided by cost of sales and multiplied by 181days (for the six months ended 30 June 2026) and 365 days (for the year ended 31 December 2025). OVERVIEW OFINTERIM RESULTS FINANCIAL PERFORMANCE Revenueincreased by 8% toRMB6.16billion Net cash generated fromoperating activities increasedby 17% toRMB612million Interim dividend perordinary shareHK22.2centsPayout ratio 45% NUMBER OF STORES NUMBER OF361ºKIDS POINTS-OF-SALEIN THE CHINESE MAINLAND NUMBER OF361ºINTERNATIONALPOINTS-OF-SALE NUMBER OF361ºSUPER PREMIUMSTORES CHAIRMAN’SSTATEMENT Dear shareholders, On behalf of the board (the “Board”) of directors (the “Directors”) of 361 Degrees International Limited (the “Company”), I ampleased to present the interim results of the Company and its subsidiaries (collectively referred to as the “Group” or “361º Group”)for the six months ended 30 June 2026 (the “period under review”). In the first half of 2026, the global economy continued to show signs of fragmentation, with heightened geopolitical tensionsfurther increased uncertainty. However, China’s economy maintained steady and positive momentum, driven by policy guidance andendogenous resilience. Domestic demand for sports consumption continued to be unleashed, with the event economy and outdoorsports emerging as the core industry growth drivers. Driven by the growing popularity of national fitness, consumer demand forsports goods shifted from meeting basic functionality to professional, scenario-based, high-quality, and value-driven consumption.This clear structural upgrading trend in the industry has created a favourable operating environment supporting the Group