Jinhui Holdings Company Limited (the "Company") Notice of Publication of Circular on (1) Major Transaction in relation to the Disposal of a Vessel and (2) Major Transaction in relation to the Acquisition of a Vessel (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are available on the website of the Company at www.jinhuiship.com and the website of Hong Kong Exchanges and Clearing Limited (the "HKEx") at www.hkexnews.hk respectively (th ...

JINHUI HOLDINGS COMPANY LIMITED 金輝集團有限公司 (Incorporated in Hong Kong with limited liability) （於香港註冊成立之有限公司） Stock Code: 137 （股份代號：137） 各位註冊股東： 金輝集團有限公司（「本公司」） 刊發通知：(1)有關出售一艘船舶之主要交易及(2)有關收購一艘船舶之主要交易（「本次公司通訊」） 本公司之本次公司通訊之英文及中文版本已分別載於本公司網站www.jinhuiship.com及於香港交易及結算所有 限公司（「香港交易所」）網站www.hkexnews.hk（「網上版本」）。如 閣下已選擇收取公司通訊之印刷本，隨本 函附上本次公司通訊之印刷本。為支持環保及提升與本公司股東溝通之效率，本公司建議 閣下以網上版本 閱覽本次公司通訊及所有日後公司通訊。 公司通訊指本公司發出或將予發出，按香港聯合交易所有限公司證券上市規則第1.01條所定義向其任何證券 持有人提供參照或供其採取行動之任何文件，包括但不限於：(i)董事會報告、年度賬目連同核數師報告以 及（如適用）財務摘要報告；(ii)中期報告及 ...

此乃重要通函 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或其他註冊證 券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已出售或轉讓名下全部之金輝集團有限公司股份，應立即將本通函交予買方或承讓人， 或經手買賣或轉讓之銀行、股票經紀或其他代理，以便轉交買方或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就本通函全部或任何部份內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 JINHUI HOLDINGS COMPANY LIMITED 137 (1)有關出售一艘船舶之 主要交易 及 (2)有關收購一艘船舶之 主要交易 2025年12月23日 | 釋義 | | | 1 | | --- | --- | --- | --- | | 董事會函件 | | | 4 | | 附錄一 | － | 財務資料 | 16 | | 附錄二 | － | 本集團之未經審核備考財務資料 | 18 | | 附錄三 | － | 船舶A之估值證書 | 27 | | 附錄四 | － | 一般資料 | 29 | ...

Core Viewpoint - Jinhui Group announced a shipbuilding contract with a total value of approximately $33.45 million (around HKD 261 million) for the construction and sale of a vessel, with delivery expected by October 31, 2028 [1] Group 1 - The company holds about 55.69% equity in the indirect subsidiary involved in the shipbuilding contract [1] - The contract was signed on December 9, 2025, between the buyer and the seller [1] - The seller of the vessel is Jiangmen Nanyang Ship Engineering Co., Ltd. [1]

Core Viewpoint - Jin Hui Group (00137.HK) has announced a shipbuilding contract for a bulk carrier with a carrying capacity of 64,500 metric tons, valued at approximately HKD 261 million (USD 33.45 million), to be delivered by October 31, 2028 [1][2]. Group 1 - The company has a 55.69% equity interest in the indirect subsidiary that is the buyer in the shipbuilding contract [1]. - The shipbuilding contract was signed on December 9, 2025, between the buyer and the seller [1]. - The bulk carrier is expected to enhance the company's shipping capabilities and operational capacity [1]. Group 2 - Jin Hui Group is also planning to sell another vessel for USD 14.4 million [2].

股份代號: 137 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 JINHUI HOLDINGS COMPANY LIMITED 金輝集團有限公司 （於香港註冊成立之有限公司） 主要交易 收購一艘船舶 董事會欣然公佈，為本公司擁有約55.69%權益之間接附屬公司之買方於2025年12月9日 與賣方訂立該造船合同。根據該造船合同之條款，賣方同意按合同價33,450,000美元（約 260,910,000港元）建造及出售該船舶。該船舶將於2028年10月31日或以前交付予買方。 由於就該船舶之收購事項根據上市規則第14.07條之規定所計算之一個或多個適用百分 比率高於25%但低於75%，故此根據上市規則第14章，該船舶之收購事項構成本公司一 項主要交易，並須遵守上市規則之通報、公佈及由股東批准之規定。按照上市規則，載 有（其中包括）有關該船舶之收購事項之進一步資料之通函，預期於2026年1月2日或以 前寄發予股東。 該船舶之收購事項 董事會欣然公佈，為本 ...

Market Overview - On December 4, A-shares showed mixed performance with the three major indices fluctuating. The total market turnover was 1.56 trillion yuan, a decrease of over 120 billion yuan compared to the previous trading day. More than 1,400 stocks closed higher, with 40 stocks hitting the daily limit up [1]. Sector Performance - The electric motor concept led the gains, with Sanxie Electric rising over 17%. Other sectors such as reducers, state-owned fund holdings, and aviation engines also saw increases. In contrast, sectors like Hainan, tourism and hotels, and dairy products experienced the largest declines [1]. Institutional Ratings - Five stocks received buy ratings from institutions today, including Zhend Medical, New Town Holdings, and Shanxi Fenjiu. The average decline for these stocks was 1.37%, underperforming the Shanghai Composite Index. The largest declines were seen in Shanxi Fenjiu (3.42%), Zhend Medical (2.50%), and New Town Holdings (1.42%) [1]. Institutional Buying and Selling - In the Dragon and Tiger list, 15 stocks were net bought, with 11 stocks net sold. Nine stocks had net purchases exceeding 10 million yuan, led by Heertai with a net buy of 330 million yuan. The largest net sell was in Aerospace Development, with a net sell of 364 million yuan [4][5]. Northbound Capital Flow - Northbound funds saw net purchases in 10 stocks, with Heertai leading at 188 million yuan. Conversely, nine stocks experienced net selling, with Tongyu Communications facing the highest net sell of 146 million yuan [6][7]. Important Announcements - ST Xianhe announced the removal of risk warnings and a name change to "Xianhe Environmental Protection." Zhongbai Group closed 30 large warehouse stores, expecting a loss of 180 million yuan. China Petroleum signed contracts worth 40 billion yuan to acquire 100% equity in three gas storage companies [8].

Core Viewpoint - ST Xianhe will have its risk warning removed, changing its stock name from "ST Xianhe" to "Xianhe Environmental Protection" effective December 8, 2025, with a trading suspension on December 5, 2025 [1][6]. Group 1: Company Announcement - The company announced that it will remove the risk warning and change its stock name, while the stock code remains the same [1][6]. - The daily price fluctuation limit for the stock will remain at 20% after the removal of the risk warning [1][6]. Group 2: Regulatory Background - ST Xianhe received an administrative penalty notice from the Hebei Regulatory Bureau of the China Securities Regulatory Commission on November 8, 2024, due to false disclosures in its 2022 annual report [3][8]. - The company was placed under risk warning starting November 12, 2024, and the stock name was changed to "ST Xianhe" [3][8]. - On February 11, 2025, the company held board meetings to approve corrections of prior accounting errors, which were reviewed by Lianda Accounting Firm [3][8]. Group 3: Financial Performance - In the first three quarters of the year, ST Xianhe achieved a revenue of 628 million yuan, representing a year-on-year increase of 4.71% [4][9]. - The net profit attributable to shareholders was 5.53 million yuan, up 2.68% year-on-year [4][9]. - Notably, the net profit after deducting non-recurring items reached 12.33 million yuan, showing a significant increase of over 28 times year-on-year [4][9].

Core Viewpoint - ST Xianhe will have its stock delisted from the "ST" designation, changing its name from "ST Xianhe" to "Xianhe Environmental Protection" effective December 8, 2025, following the approval from the Shenzhen Stock Exchange [2][4]. Group 1: Company Announcement - On December 4, 2025, ST Xianhe announced the removal of the risk warning on its stock, with the trading limit remaining at 20% [2]. - The stock will be suspended for one day on December 5, 2025 [2]. Group 2: Regulatory Background - ST Xianhe received an administrative penalty notice from the Hebei Securities Regulatory Bureau on November 8, 2024, due to false disclosures in its 2022 annual report, leading to the "ST" designation on November 12, 2024 [4]. - The company corrected prior accounting errors and received a special audit report from Lian Da Accounting Firm [4]. Group 3: Financial Performance - In the first three quarters of the year, ST Xianhe reported revenue of 628.28 million yuan, a year-on-year increase of 4.71% [5]. - The net profit attributable to shareholders was 5.53 million yuan, up 2.68% year-on-year, while the net profit after deducting non-recurring gains and losses surged over 28 times to 12.33 million yuan [5]. - The company’s total assets at the end of the reporting period were approximately 2.00 billion yuan, a decrease of 2.53% from the previous year [6].

Core Viewpoint - ST Xianhe has announced the removal of other risk warnings and will change its stock name to "Xianhe Environmental Protection" after completing internal control rectifications [1][3] Group 1: Stock and Trading Information - ST Xianhe's stock will be suspended for trading on December 5 and will resume trading on December 8, with the removal of other risk warnings [1] - The daily price fluctuation limit for ST Xianhe's stock remains unchanged at 20% [3] Group 2: Regulatory and Compliance - The company received an administrative penalty notice from the Hebei Regulatory Bureau of the China Securities Regulatory Commission (CSRC) regarding false disclosures in its 2022 annual report [3] - ST Xianhe has restated its financial reports for the relevant years and has confirmed that there are no other circumstances warranting risk warnings [3] Group 3: Financial Performance - For the first three quarters of the year, ST Xianhe reported a revenue of 628 million yuan, a year-on-year increase of 4.71%, and a net profit attributable to shareholders of 5.53 million yuan, up 2.68% year-on-year [3] - Historical revenue figures show a declining trend, with total revenue decreasing from 1.248 billion yuan in 2020 to 628 million yuan in 2023 [4] Group 4: Company Overview - ST Xianhe specializes in the research, production, and sales of high-end environmental monitoring instruments, as well as providing operational services for environmental monitoring facilities [5] - The company's main products include various automatic monitoring systems for air quality, water quality, wastewater, flue gas, and acid rain [5] - As of December 4, ST Xianhe's stock price was 8.04 yuan per share, with a total market capitalization of 4.3 billion yuan [5]