Core Viewpoint - The company, Xiehe New Energy, has signed a procurement contract with Trina Energy Storage Solutions for energy storage equipment valued at approximately $56.61 million, which will be utilized in solar and energy storage projects [1]. Group 1: Contract Details - The procurement contract was signed on February 13, 2026, between Blue Heron Solar, LLC (a wholly-owned subsidiary of the company) and Trina Energy Storage Solutions US Inc [1]. - Following the contract signing, a purchase order was issued by the buyer on February 20, 2026, for the energy storage equipment [1]. Group 2: Business Operations - The company is engaged in solar and energy storage projects, which fall within its regular business operations [1]. - The intended procurement of energy storage equipment includes energy storage batteries and related components [1].

Concord New Energy Group Limited 協 合 新 能 源 集 團 有 限 公 司 * （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （香港股份代碼：182） （新加坡股份代碼：SEG） 香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公 告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並表明不會就因本公告全部或 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。 須予披露交易 採購儲能設備 董事會宣佈，於二零二六年二月十三日買方與供應方簽署採購合同，並於二零二六年二月 二十日交易時段後，買方向供應方發出採購訂單，購買金額約56.61百萬美元儲能設備。 上市規則之涵義 由於採購訂單之最高適用百分比率超過5%但低於25% ，該交易根據上市規則第14章構成本 公司之須予披露交易，故須遵守上市規則第14章項下之通知及公告規定。 董事會宣佈，於二零二六年二月十三日買方與供應方簽署採購合同，並於二零二六年二月二 十日交易時段後，買方向供應方發出採購訂單，購買金額約56.61百萬美元儲能設備。詳情載 於下文。 交易 採購合同及訂單之 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公 告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並表明不會就因本公告全部或 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。 盈利警告 本公告乃Concord New Energy Group Limited（協合新能源集團有限公司*）（「本公司」，連同其 附屬公司「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及香 港法例第571章證券及期貨條例「證券及期貨條例」）第XIVA部之內幕消息條文（定義見上市規 則）而作出。 根據對本集團未經審核綜合管理賬目及其他現有資料的初步審閱，本公司董事會（「董事會」） 謹此知會本公司之股東（「股東」）及潛在投資者，本集團預期於截至二零二五年十二月三十一 日止年度（「報告期間」）錄得未經審核之權益持有人應佔溢利較去年同期下降超過80%（二零二 四年：約人民幣8億元）。儘管溢利減少，但報告期間之經營活動所得現金較二零二四年同期 有所增加。 報告期間未經審核之權益持有人應佔溢利減少主要由於： Concord New Energy Group L ...

Market Overview - The A-share market is experiencing narrow fluctuations, with a focus on AI applications, while traditional sectors like liquor and non-ferrous metals are facing declines, impacting major indices [1] - As of the midday break, the Shanghai Composite Index is at 4122.34 points, down 0.02%, the Shenzhen Component Index is down 0.02%, and the ChiNext Index is down 0.14%, while the Sci-Tech Innovation Board Index is up 0.19% [1] AI Application Sector - The AI application sector has seen significant activity, particularly in the "AI + Film" direction, leading to a surge in stock prices, with over ten film-related stocks hitting the daily limit [2] - Notable stocks include: - Jiecheng Co., Ltd. (300182) and Zhongwen Online (300364) both achieving a 20% increase for two consecutive days - Industry leader Light Media (300251) also rising by 20% [2][3] Seedance 2.0 Impact - The recent internal testing of ByteDance's Seedance 2.0 video model has sparked widespread discussion, showcasing its ability to create high-quality videos from text or images in just 60 seconds [4] - Analysts believe that Seedance 2.0 represents a breakthrough in AI capabilities, potentially revolutionizing the production of short content like AI dramas and significantly reducing costs and increasing efficiency in production [4] Innovative Drug Sector - The innovative drug sector is experiencing a revival after a period of stagnation, with Wanbangde (002082) hitting the daily limit and Guangshengtang (300436) rising over 8% [6] - The National Medical Products Administration has announced that by 2025, China's pharmaceutical industry will accelerate its internationalization, with innovative drug overseas licensing transactions expected to exceed $130 billion, marking a shift from a "generic drug production powerhouse" to an "innovative drug exporting powerhouse" [8]

Core Viewpoint - The company announced the sale of 100% equity in three wholly-owned subsidiaries to 招盈能合 for approximately RMB 517.8 million, aimed at enhancing asset liquidity and optimizing capital structure [1] Group 1: Transaction Details - The sale involves three subsidiaries: 曲靖聚隆, 五河聚合, and 安徽泰合, all engaged in wind power project investment and operation in China [1] - The subsidiaries include a 300 MW wind farm and a 30 MW/60 MWh energy storage project in 曲靖, a 50 MW wind farm in 蚌埠, and a 51 MW wind farm project in 亳州 [1] Group 2: Strategic Rationale - The transfer of operational power plant assets to 招盈能合 is intended to open pathways for asset securitization and value release [1] - The transaction is expected to increase the liquidity of the company's assets, accelerate asset turnover and capital recovery, and help optimize the capital structure while reducing the debt-to-asset ratio [1] - The board believes that the overall sale is a prudent business decision, with fair and reasonable terms that align with the interests of the company and all shareholders [1]

Core Viewpoint - The company, Xiehe New Energy, announced the sale of 100% equity in three wholly-owned subsidiaries to Zhaoying Energy for approximately RMB 517.8 million, aimed at enhancing asset liquidity and optimizing capital structure [1] Group 1: Transaction Details - The sale involves three subsidiaries: Qujing Julong, Wuhua Juhe, and Anhui Taihe, all engaged in wind power project investment and operation in China [1] - The subsidiaries include a 300 MW wind farm and a 30 MW/60 MWh energy storage project in Qujing, a 50 MW wind farm in Bengbu, and a 51 MW wind farm project in Bozhou [1] Group 2: Strategic Rationale - The transfer of operational power plant assets to Zhaoying Energy opens pathways for asset securitization and value release, increasing the liquidity of the group’s assets [1] - The transaction is expected to accelerate asset turnover and capital recovery, while also helping to optimize the capital structure and reduce the debt-to-asset ratio [1] - The board of directors considers the overall sale a prudent business decision, with fair and reasonable terms that align with the interests of the company and all shareholders [1]

Core Viewpoint - The company, Xiehe New Energy, announced the sale of 100% equity in several subsidiaries to Zhaoying Energy for approximately RMB 518 million, aiming to enhance asset liquidity and optimize capital structure [1] Group 1: Transaction Details - The sale involves multiple wholly-owned subsidiaries, including Wuhu Aggregated Wind Power Co., Qujing Julong New Energy Technology Co., Shizong Aggregated Wind Power Co., and Anhui Taihe New Energy Technology Co., along with its wholly-owned Bozhou Aggregated Wind Power Co. [1] - The total consideration for the transaction is approximately RMB 518 million [1] Group 2: Strategic Implications - The transfer of operational power plant assets to Zhaoying Energy opens avenues for asset securitization and value release, which is expected to increase the liquidity of the group’s assets [1] - The transaction is anticipated to accelerate asset turnover and capital recovery, thereby optimizing the capital structure and reducing the debt-to-asset ratio [1] - The board of directors considers the overall sale a prudent business decision, with fair and reasonable terms that align with the interests of the company and all shareholders [1]

香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公 告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並表明不會就因本公告全部或 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。 Concord New Energy Group Limited 協 合 新 能 源 集 團 有 限 公 司 * （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （香港股份代碼：182） （新加坡股份代碼：SEG） 須予披露交易 出售項目公司 董事會宣佈，於二零二六年二月九日交易時段後，本公司多間全資附屬公司與招盈能合（本 公司之合營公司）訂立三份出售協議，賣方集團向招盈能合出售目標集團之100%股權，總 代價約為人民幣517.80百萬元。 上市規則之涵義 由於整體出售事項之最高適用百分比率超過5%但低於25% ，故根據上市規則第14章，整體 出售事項構成本公司之須予披露交易，因而須遵守上市規則第14章項下之通知及公告規定。 緒言 董事會宣佈，於二零二六年二月九日交易時段後，本公司多間全資附屬公司與招盈能合就整 體出售事項訂立協議。出售協議之主要條款載列如下。 - 1 - ...

Group 1 - The Hong Kong solar energy stocks collectively declined, with notable drops including Fuyao Glass down nearly 5%, Shunfeng Photovoltaic down 3.4%, and GCL-Poly Energy down 3% [1][2] - The Ministry of Industry and Information Technology emphasized that addressing industry internal competition will be a top priority this year, indicating that the industry is undergoing a deep adjustment period with significant operational pressures on companies [1] - The China Photovoltaic Industry Association stated that the "space photovoltaic" technology is still in the early stages of exploration and validation, making it premature to determine a clear technical direction [1] Group 2 - Specific stock performance includes Fuyao Glass at 64.400 with a decline of 4.80%, Shunfeng Photovoltaic at 1.690 down 3.43%, and GCL-Poly Energy at 1.280 down 3.03% [2] - Other companies such as Sunshine Energy, Xinyi Glass, and Xinyi Energy also experienced declines, with percentage drops ranging from 1.52% to 2.08% [2] - The overall market sentiment reflects a cautious outlook as companies are reinforcing risk warnings amid ongoing challenges in the photovoltaic sector [1]

Core Insights - The recent trend of Chinese companies listing in Singapore is gaining momentum, with notable examples including Xihe Renewable Energy and Kangzhe Pharmaceutical, indicating a strategic shift towards Southeast Asia for capital raising opportunities [1][6]. Group 1: Market Performance - Xihe Renewable Energy's debut on the Singapore Exchange (SGX) saw its stock price rise by 9% on the first day, closing at 0.061 SGD after peaking at over 16% during trading, with a total trading volume of approximately 204,550 shares [2]. - Kangzhe Pharmaceutical also experienced a similar positive performance during its secondary listing in Singapore, with its stock price increasing by about 10% on the first day [1][2]. Group 2: Regulatory Environment - The Singapore Monetary Authority has simplified regulations for Chinese A-share companies seeking secondary listings, allowing them to use Chinese accounting standards, which significantly reduces the compliance burden [3]. - The approval process for listings has been expedited to approximately six to eight weeks, contrasting with longer wait times in other markets [3]. Group 3: Strategic Implications - The shift of Chinese companies towards Southeast Asia is driven by the need for new financing avenues and market expansion, with Singapore serving as a strategic hub for accessing local and international investors [6][9]. - Listing in Singapore provides Chinese firms with a "Southeast Asia passport," enhancing their credibility and negotiation power in the region [6]. Group 4: Market Structure - The SGX offers two main listing options: the Mainboard for established companies with specific financial requirements, and the Catalist board for high-growth firms with more flexible entry criteria [11][12]. - The Catalist board allows companies to bypass stringent profitability or market capitalization thresholds, making it an attractive option for innovative firms [12]. Group 5: Listing Process - The listing process in Singapore involves five key stages, including internal preparations, application submission, regulatory review, public offering, and official listing [14][15][16]. Group 6: Challenges - Despite the advantages, companies face challenges such as limited market liquidity and varying investor awareness, which may impact their valuation and trading activity [18]. - Companies must adapt to the more rigorous disclosure and governance standards expected in the Singapore market to succeed [18].