HONG KONG SAR - Media OutReach Newswire - 28 November 2025 - DL Holdings Group released its interim financial report for the six months ended September 30, 2025, on November 27. The Group recorded a net profit of HK$202 million, representing a 2,511% increase compared with the same period last year; revenue from principal operations reached HK$118 million, up 43% year-on-year; and other income reached HK$194 million, an increase of 528% over the same period. While delivering a comprehensive improvement in performance, the Group has accelerated its strategic transformation and achieved substantial breakthroughs in digital finance. It is among the first to explore an innovative shareholder return mechanism powered by blockchain technology, using technological innovation to practice the philosophy of inclusive finance and enabling a broader base of investors to share the dividends of digital economic growth. 01Performance Highlights and Financial Results The Group's business continues to display a diversified structure, with revenue contributions from each segment clearly defined. DL's licensed business — the Financial Services segment — recorded revenue of approximately HK$75.62 million, representing a 56% year-on-year increase. This segment's revenue primarily came from: financial advisory and investment management service fees of approximately HK$23.66 million from DL Securities; securities trading commissions and brokerage income of approximately HK$8.34 million; and insurance brokerage commissions of approximately HK$41.25 million. DL Securities made significant progress in business innovation and strategic expansion. Strategically, DL Securities has focused on advancing innovation in cross-border financial services — establishing a professional cross-border M&A team to provide one-stop financial service solutions for outbound companies, and forming strategic partnerships with multiple international financial centers to build a global service network. On July 25, 2025, DL Securities submitted an application to the SFC to vary its existing Type 1 (dealing in securities) and Type 4 (advising on securities) licenses to include regulated virtual asset trading and advisory activities (license upgrade), which has now entered its final stage of approval. Management expects that by 2027, DL Securities' number of clients will increase to 200,000, and AUM will grow to HK$50 billion. The family office and wealth management business, as one of the Group's core segments, delivered stable performance during the reporting period and achieved substantial breakthroughs and scalable growth. Both client AUM and management fee income rose significantly. For the six months ended September 30, 2025, DL Family Office — including associated insurance brokerage commissions — recorded total revenue of approximately HK$68.07 million. Looking ahead, the Group expects the number of family office clients to increase to 200 by 2027 and AUM to exceed HK$78 billion (approximately US$10 billion). Currently, DL Holdings' total assets under management and advisory exceed HK$27.3 billion (approximately US$3.5 billion). As one of Hong Kong's earliest government-recognized multi-family offices, DL is also the only platform whose business footprint covers Chinese Mainland, Hong Kong SAR, Singapore, Japan, and the United States. Since July 2025, the Group has raised a total of approximately HK$1.834 billion through two rounds of equity financing, convertible bond issuance, management capital injection, and other strategic investments. Following these fundraisings, the Group's net assets have now reached nearly HK$3 billion, providing strong capital support for the expansion and technological advancement of its digital finance business.02Strategic Expansion and Business Breakthroughs Supported by substantial market confidence and capital resources, DL Holdings has rapidly advanced its strategic transformation over the past six months. The Group has achieved significant progress across four key areas — asset digitalization, digital asset investment, global ultra-luxury real estate investment, and global market expansion — demonstrating its forward-looking strategy and execution capability in the digital finance era. In the area of asset digitalization, blockchain technology is redefining asset structures. Physical assets valued at HK$500 million — including the DL Tower — have initiated the tokenization process, with HK$60 million already completed. The tokenization of the HK$312 million equity stake in the U.S. ultra-luxury real estate project ONE Carmel has created an innovative shareholder-return model. The Company plans to distribute special dividends to shareholders in future years based on the digital rights generated from these tokenized assets. In addition, the Group has completed the tokenization of approximately HK$40 million in equity from technology companies such as...