Half-year Financial Report

London, 30 September 2026FOR IMMEDIATE RELEASE

Grand Vision Media Holdings plc( “GVMH” or the “Company”)Half Year Report

Grand Vision Media Holdings plc announces its half year report for the six months ended 30 June 2026.

The CEO’s Report

Overview

The overall economy remains volatile although we see some improvements in the local economy. However, our customers are still very cautious on marketing budgets as the global scene remain volatile. We continue to manage costs carefully and considering diversification through strategic partnerships and investments into new domains.

Summary of Trading Results

Revenue in the period was HKD1,063K [2025: HKD1,552K], which represents a decrease of 31.51%. The Group had a loss after tax of HKD2,222K [2025: HKD1,738K]. The Group continued its focus on cost controls whilst exploring alternative revenue streams and new projects.

Outlook

In the first six month of 2026, the economy and global market conditions remain volatile.  We continue to manage costs and explore new revenue streams. We intend to re-finance the Group through shareholder loan which provides adequate working capital. We are also seeking new projects to diversify our business to lessen the dependency on local markets.

Responsibility Statement

We confirm that to the best of our knowledge:

a. the condensed set of financial statements has been prepared in accordance with IAS 34 ‘Interim Financial Reporting’;

b. the interim management report includes a fair review of the information required by DTR 4.2.7R (indication of important events during the first six months and description of principal risks and uncertainties for the remaining six

months of the year; and,

c. the interim management report includes a fair review of the information required by DTR 4.2.8R (disclosure of related parties’ transactions and changes therein).

Cautionary statement

This Interim Management Report (IMR) has been prepared solely to provide additional information to shareholders to

assess the Company’s strategies and the potential for those strategies to succeed. The IMR should not be relied on by

any other party or for any other purpose.

The condensed accounts have not been reviewed by the auditors.

Jonathan Lo

Chief Executive Officer

Date : 29 September 2026

Interim Condensed Statement of Comprehensive Income

Interim Condensed Statement of the Financial Position

Interim Condensed Statement of Changes in Equity

Share capital is the amount subscribed for shares at nominal value.

The share premium has arisen on the issue of shares at a premium to their nominal value.

Retained losses represent the cumulative loss of the Company attributable to equity shareholders.

Interim Condensed Cash Flow Statement

Notes to the Interim Condensed Financial Statements

1. General Information

GRAND VISION MEDIA HOLDINGS PLC (‘the Company’) is a media company incorporated in the United Kingdom. Details of the registered office, the officers and advisers to the Company are presented on the Directors and Advisers page at the end of this report. The information within these interim condensed financial statements and accompanying notes must be read in conjunction with the audited annual financial statements that have been prepared for the year ended 31 December 2025.

2. Basis of Preparation

These unaudited condensed consolidated interim financial statements for the six months ended 30 June 2026 were approved by the board and authorised for issue on 29 September 2026.

The basis of preparation and accounting policies set out in the Annual Report and Accounts for the year ended 31 December 2025 have been applied in the preparation of these condensed interim financial statements. These interim financial statements have been prepared in accordance with the recognition and measurement principles of the International Financial Reporting Standards (“IFRS”) as endorsed by the EU that are expected to be applicable to the financial statements for the year ending 31 December 2025 and on the basis of the accounting policies expected to be used in those financial statements.

The figures for the six months ended 30 June 2026 and 30 June 2025 are unaudited and do not constitute full accounts. The comparative figures for the year ended 31 December 2025 are extracts from the 2025 audited accounts. The independent auditor’s report on the 2025 accounts was not qualified.

The assets and liabilities of the legal subsidiary, GVC Holdings Limited are recognized and measured in the Group financial statements at the pre-combination carrying amounts, without restatement of fair value. The retained earnings and other equity balances recognized in the Group financial statements reflect the retained earnings and other equity balances of Grand Vision Media Holdings plc immediately before the reverse and the results of the period from 1 January 2026 to 30 June 2026 and post reverse.

Standards and Interpretations adopted with no material effect on financial statements

There are no other IFRS or IFRIC interpretations that are not yet effective that would be expected to have material impact on the Group.

3. Segmental Reporting

In the opinion of the Directors, the Company has one class of business, being that of out of home media and marketing and operates in the People’s Republic of China/Hong Kong.

4. Company Result for the period

The Company has elected to take the exemption under section 408 of the Companies Act 2006 not to present the parent Company income statement account.

The operating loss of the Company for the six months ended 30 June 2026 was HK$613k (2025: loss of HK$372k, year ended 31 December 2025: HK$2,091k). The current period operating loss incorporated the following main items:

5. Loss per Share

Loss per share data is based on the Company result for the six months and the weighted average number of shares in issue.

Basic loss per share is calculated by dividing the loss attributable to equity shareholders by the weighted average number of ordinary shares in issue during the period:

Basic and diluted loss per share are the same, since where a loss is incurred the effect of outstanding share options and warrants is considered anti-dilutive and is ignored for the purpose of the loss per share calculation. There were no potential dilutive shares in issue during the period.

6. Share Capital

Ordinary shares are classified as equity. Proceeds from issuance of ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new ordinary shares are deducted against share capital.

7. Events Subsequent to 30 June 2026

There were no events subsequent to the balance sheet date.

8.  Reports 

This interim condensed financial statements will be available shortly on the Company website at www.gvmh.co.uk

For more information contact: