Apollo Smart Travel Group Limited ("AFMG") announces its unaudited interim results for the six months ended June 30, 2024. During this period, the Group's revenue was approximately HKD 126,200,000, gross profit was approximately HKD 12,310,000, and the loss for the period expanded to HKD 347,895,000. Basic loss per share was 50.14 HK cents. After the reporting period, the company sold its holdings of preferred shares in Divergent Technologies Inc., equivalent to approximately 12.87% of the issued shares of Divergent, at a total consideration of USD 101,533,292.15. In addition, the company successfully completed two rounds of rights issue in 2024, issuing a total of 541,783,162 new shares and raising approximately HKD 254,000,000. The company plans to focus on the development of high-end supercars and electric vehicles, and provide travel development and engineering services through its subsidiary, GLM Co., Ltd.

Apollo Smart Travel Group Limited ("AFMG") announces its unaudited interim results for the six months ended June 30, 2024. During this period, the Group's revenue was approximately HKD 126,200,000, gross profit was approximately HKD 12,310,000, and the loss for the period expanded to HKD 347,895,000. Basic loss per share was 50.14 HK cents. After the reporting period, the company sold its holdings of preferred shares in Divergent Technologies Inc., equivalent to approximately 12.87% of the issued shares of Divergent, at a total consideration of USD 101,533,292.15. In addition, the company successfully completed two rounds of rights issue in 2024, issuing a total of 541,783,162 new shares and raising approximately HKD 254,000,000. The company plans to focus on the development of high-end supercars and electric vehicles, and provide travel development and engineering services through its subsidiary, GLM Co., Ltd.