Joy Spreader Group Limited ("Joy Spreader") issued a profit warning, with an expected significant decline in revenue to approximately HKD 110.00 million in the first half of 2024, a year-on-year decrease of approximately 94.88%. During the same period, the company expects to record a net loss of approximately HKD 345.00 million to HKD 365.00 million, an increase of approximately 77.08% to 87.34% compared to the same period last year. In addition, after completing the disposal of inventory goods in the first half of 2024, Joy Spreader will suspend new inventory purchases and sales of 3C electronic consumer products, and instead focus on its self-built e-commerce platform MARTOP to optimize and upgrade the transaction model. The Company is testing a new commission-based transaction model with no commission or service fees charged to suppliers and dealers, thus no relevant business income from matching transactions has been recorded yet. Joy Spreader stated that detailed financial performance for the first half of 2024 will be released by the end of August 2024. Shareholders and prospective investors should exercise caution.

Joy Spreader Group Limited ("Joy Spreader") issued a profit warning, with an expected significant decline in revenue to approximately HKD 110.00 million in the first half of 2024, a year-on-year decrease of approximately 94.88%. During the same period, the company expects to record a net loss of approximately HKD 345.00 million to HKD 365.00 million, an increase of approximately 77.08% to 87.34% compared to the same period last year. In addition, after completing the disposal of inventory goods in the first half of 2024, Joy Spreader will suspend new inventory purchases and sales of 3C electronic consumer products, and instead focus on its self-built e-commerce platform MARTOP to optimize and upgrade the transaction model. The Company is testing a new commission-based transaction model with no commission or service fees charged to suppliers and dealers, thus no relevant business income from matching transactions has been recorded yet. Joy Spreader stated that detailed financial performance for the first half of 2024 will be released by the end of August 2024. Shareholders and prospective investors should exercise caution.