# EDGAR Filing Document

**Accession Number:** 0001954694
**File Stem:** 0001493152-25-020425
**Filing Date:** 2025-10
**Character Count:** 12206
**Document Hash:** 90870abe82b92495af23fe4b9e70480c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-020425.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001493152-25-020425

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lucas GC Ltd
- **CENTRAL INDEX KEY:** 0001954694
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41658
- **FILM NUMBER:** 251441287

**BUSINESS ADDRESS:**
- **STREET 1:** ROOM 5A01, 4TH FLOOR, AIR CHINA BUILDING
- **STREET 2:** XIAOYUN ROAD, SANYUANQIAO, CHAOYANG,
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100027
- **BUSINESS PHONE:** (86) 18500976532

**MAIL ADDRESS:**
- **STREET 1:** ROOM 5A01, 4TH FLOOR, AIR CHINA BUILDING
- **STREET 2:** XIAOYUN ROAD, SANYUANQIAO, CHAOYANG,
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100027

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER<br> PURSUANT TO RULE 13a-16 OR 15d-16<br> UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of October 2025**

**Commission File Number: 001-41658**

**Lucas GC Limited**

**(Exact name of registrant as specified in its charter)**

**Room 5A01, 4<sup>th</sup> Floor**

**Air China Building, Xiaoyun Road**

**Sanyuanqiao, Chaoyang District**

**Beijing 100027, China**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**Explanatory Note**

This report on Form 6-K and the attached Exhibit 99.1 are incorporated by reference into the Company's registration statement on [Form F-3](https://www.sec.gov/Archives/edgar/data/1954694/000164117225005549/formf-3.htm) (File No. 333-286651) and registration statement on [Form S-8](https://www.sec.gov/Archives/edgar/data/1954694/000149315224049569/forms-8.htm) (File No. 333-283728), as amended, and into each prospectus outstanding under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

**Exhibits Index**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release - Lucas GC Limited Announces 1H 2025 Financial Results: Revenue at US$54.01 million with Increases in Gross Margin](ex99-1.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 31, 2025

---

| | |
|:---|:---|
| **Lucas GC Limited** | **Lucas GC Limited** |
| By: | */s/ Howard Lee* |
| Name: | Howard Lee |
| Title: | Chief Executive Officer and Chairman of the Board of Directors |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Lucas GC Limited Announces 1H 2025 Financial Results:**

**Revenue at US$54.01 million with Increases in Gross Margin**

NEW YORK, OCTOBER 31, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied to the human resources and insurance industry verticals, today announced its financial results for 1H fiscal year of 2025.

**1H 2025 Financial Highlights**

● Our revenue was RMB386.89 million (US$54.01 million) for the six months ended June 30, 2025, compared with RMB605.52 million for the six months ended June 30, 2024, representing a decrease of 36.11%.

● We recorded a gross margin of 33.74% for the six months ended June 30, 2025, representing an increase of 200 bps compared with that of the six months ended June 30, 2024.

● We recorded net income of RMB21.49 million (US$3.0 million) for the six months ended June 30, 2025, compared with RMB53.93 million for the six months ended June 30, 2024.

● Our net income margin decreased to 5.56% for the six months ended June 30, 2025, compared with 8.91% for the six months ended June 30, 2024.

**Management Commentary**

Howard Lee, Chief Executive Officer of Lucas, said "We continue to position ourselves as a technology company rather than a service company, resulting in improvement of our gross margin in 1H 2025 compared to 1H 2024. The revenue decrease was due to slowdown of the overall Chinese economy, our change of strategy to focus on higher-margin products and our management focus on initiating operations outside China."

"In order to sustain our technological leads as a technology company, we have continued to invest significantly in research and development. R&D expenses as a percentage of revenue was 11.86% which is still well above industry average. We obtained one additional patent related to core Artificial Intelligence (AI) technology, bringing the total number of granted patents to 20."

**About Lucas GC Limited**

With 20 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven Platform as a Service (PaaS) company. Lucas' technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

**Forward-Looking Statements**

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements." The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions. Any forward-looking statements contained in this press release speak only as of the date hereof, and Lucas GC Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

For Investor Inquiries and Media Contact:

https://www.lucasgc.com/

ir@lucasgc.com

T: 818-741-0923

**LUCAS GC LIMITED**

**UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS**

**(All amounts in thousands, except for share and per share data, or otherwise noted)**

---

| | | | |
|:---|:---|:---|:---|
|  | **As of<br> December 31, 2024** | **As of June 30, 2025** | **As of June 30, 2025** |
|  | **RMB** | **RMB** | **US$** |
|  | | **(Unaudited)** | **(Unaudited)** |
| **ASSETS** |  |  |  |
| **Current assets** |  |  |  |
| Cash and cash equivalents | 30380 | 30082 | 4199 |
| Restricted cash | 1281 |  |  |
| Short-term investments | 2803 | 1425 | 199 |
| Accounts receivable, net | 61059 | 47226 | 6592 |
| Advance to suppliers, net | 163647 | 162409 | 22671 |
| Deferred offering costs | 2302 | 104 | 15 |
| Prepaid expenses and other current assets | 1955 | 6933 | 966 |
| **Total current assets** | **263427** | **248179** | **34642** |
| **Non-current assets** |  |  |  |
| Long-term investments |  | 21491 | 3000 |
| Software and equipment, net | 84465 | 108268 | 15114 |
| Development expenditures | 32515 | 51714 | 7219 |
| Operating lease right-of-use assets, net | 575 | 369 | 52 |
| Deferred tax assets, net | 22270 | 28882 | 4032 |
| **Total non-current assets** | **139825** | **210724** | **29417** |
| **TOTAL ASSETS** | **403252** | **458903** | **64059** |
| **LIABILITIES AND SHAREHOLDERS' EQUITY** |  |  |  |
| **Current liabilities** |  |  |  |
| Short-term borrowings | 67470 | 90800 | 12675 |
| Accounts payable | 46800 | 28126 | 3926 |
| Contract liabilities | 15906 | 7843 | 1095 |
| Income tax payable | 71 | 71 | 10 |
| Amounts due to related parties | 3700 | 1400 | 195 |
| Operating lease liabilities, current | 458 | 303 | 42 |
| Accrued expenses and other current liabilities | 3170 | 3655 | 510 |
| **Total current liabilities** | **137575** | **132198** | **18453** |
| Operating lease liabilities, non-current | 99 | - | - |
| **Total non-current liability** | **99** | **-** | **-** |
| **TOTAL LIABILITIES** | **137674** | **132198** | **18453** |
| **Shareholders' equity** |  |  |  |
| Ordinary shares (US$0.0002 par value; 250,000,000 and 250,000,000 shares authorized as of December 31, 2024 and June 30, 2025; 1,986,677 and 2,790,427 shares issued and outstanding as of December 31, 2024 and June 30, 2025, respectively) | 3 | 3 |  |
| Subscription receivables | (3) | (3) |  |
| Treasury Stock | (856) | (856) | (119) |
| Additional paid-in capital | 142828 | 182968 | 25541 |
| Statutory reserve | 23271 | 23271 | 3249 |
| Retained earnings | 97118 | 118452 | 16535 |
| Accumulated other comprehensive income (loss) | 472 | (34) | (5) |
| **Total Lucas GC Limited shareholders' equity** | **262833** | **323801** | **45201** |
| Non-controlling interests | 2745 | 2904 | 405 |
| **Total shareholders' equity** | **265578** | **326705** | **45606** |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | **403252** | **458903** | **64059** |

---

**LUCAS GC LIMITED**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME**

**(All amounts in thousands, except for share and per share data, or otherwise noted)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **RMB** | **RMB** | **US$** |
|  | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| **Revenues** |  |  |  |
| Recruitment service | 155812 | 31806 | 4440 |
| Outsourcing service | 418456 | 334471 | 46690 |
| Others | 31250 | 20613 | 2878 |
| **Total revenues** | 605518 | 386890 | 54008 |
| **Cost of revenues** | (402438) | (256355) | (35786) |
| **Gross profit** | **203080** | **130535** | **18222** |
| **Operating expenses** |  |  |  |
| Selling and marketing expenses | (39000) | (30562) | (4266) |
| General and administrative expenses | (30299) | (38798) | (5416) |
| Research and development expenses | (80612) | (45881) | (6405) |
| **Total operating expenses** | **(149911)** | **(115241)** | **(16087)** |
| **Income from operations** | **53169** | **15294** | **2135** |
| **Other expenses** |  |  |  |
| Financial expenses, net | (754) | (325) | (45) |
| Other income (expenses), net | 718 | (89) | (12) |
| **Total other expenses, net** | **(36)** | **(414)** | **(57)** |
| **Income before income tax benefit** | **53133** | **14880** | **2078** |
| Income tax benefit | 794 | 6613 | 923 |
| **Net income** | **53927** | **21493** | **3001** |
| Less: net income attributable to non-controlling interests | (398) | (159) | (22) |
| **Net income attributable to Lucas GC Limited** | **53529** | **21334** | **2979** |
| **Net income** | 53927 | 21493 | 3001 |
| Other comprehensive income: |  |  |  |
| Foreign currency translation difference, net of tax of nil | 438 | (506) | (71) |
| **Total comprehensive income** | 54365 | 20987 | 2930 |
| Less: total comprehensive income attributable to non-controlling interests | (398) | (159) | (22) |
| **Comprehensive income attributable to Lucas GC Limited** | **53967** | **20828** | **2908** |
| **Net income per share:** |  |  |  |
| Basic | 27.09 | 10.55 | 1.47 |
| Diluted | 27.09 | 10.55 | 1.47 |
| **Weighted average shares outstanding used in calculating basic and diluted loss per share:** |  |  |  |
| Basic | 1976166 | 2022399 | 2022399 |
| Diluted | 1976166 | 2022399 | 2022399 |

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