Plastec Technologies, Ltd. Annual Report and Business Update

Plastec Technologies, Ltd. has posted its annual report for the fiscal year ended December 31, 2025. The company has completed the voluntary liquidation of its BVI-incorporated subsidiaries: Viewmount Development Limited, Sun Ngai Spraying and Silk Print Co. Ltd., and Sun Terrace Industries Ltd. As a result, Plastec Technologies no longer has any subsidiaries or operating activities. The company ended 2025 with \$5.4 million in cash and cash equivalents and a book value of \$0.41 per share, with a debt-free balance sheet. The report also details historical asset sales and transfers, including the divestment of its shareholdings in Plastec and the transfer of a manufacturing plant. Significant sections of the report address risks associated with the company\'s limited operations, potential delisting due to PCAOB inspections of auditors in China and Hong Kong, uncertainties in the PRC legal system, foreign investment regulations, and currency exchange risks.