Description of Lz Technology Holdings Limited's Business Segments

The registrant operates in four reportable business segments: Out of Home Advertising, Lifestyle Services – Retail Sales, Lifestyle Services – E-Commerce Promotion services, and Other Revenues. Revenue from Lifestyle Services – E-Commerce Promotion services declined significantly following the disposal of the subsidiary Henduoka. Revenue from Other Revenues decreased primarily due to lower software and hardware sales. Overall cost of revenue increased, with higher costs in Out of Home Advertising driven by agency and subcontracting expenses, and increased costs in Lifestyle Services – Retail Sales associated with new revenue streams. Costs in Lifestyle Services – E-Commerce Promotion services and Other Revenues decreased due to reduced transaction volume and lower sales, respectively. Gross profit rose overall, supported by an improved gross margin in Out of Home Advertising attributed to enhanced brand recognition and stable subcontractor relationships. The gross margin for Lifestyle Services – Retail Sales declined due to new product introductions and competitive pricing. Lifestyle Services – E-Commerce Promotion services achieved a 100% gross margin following business transformation and minimal associated costs. The gross margin for Other Revenues increased significantly.

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(Dec 31 2025) three months ended Q4
Business Segments	Revenues (in millions $)	Income (in millions $)	% (Profit Margin)
Total	161.45	-24.78	-

(Dec 31 2025) three months ended Q4
Revenue Growth rates by Segment	Y/Y Revenue %	Q/Q Revenue %
Total	-	-

(Dec 31 2025) three months ended Q4
Income Growth rates by Segment	Y/Y Income %	Q/Q Income %
Total	-	-

Annual Report on Lz Technology Holdings Limited Divisions, Sales by Country

Twelve months ended 2025
LZMH s Annual Revenue by Geography and Business Segments	Sales (in millions $)	% (of total Sales)
Total	161.45	100 %

Twelve months ended 2025
LZMH s Annual Income by Country and Business Segments	Income (in millions $)	% (Profit Margin)
Total	-24.78	-

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments	% Y/Y Sales Growth	% Y/Y Income Growth

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