Core Viewpoint - The company, Xiehe New Energy (00182), has received a listing eligibility letter from the Singapore Exchange regarding its proposed secondary listing, which is not an indication of the value of the company or its shares [1] Group 1 - The proposed secondary listing will not involve the issuance of new shares or any fundraising activities [1] - The company's issued ordinary shares will continue to be primarily listed and traded on the Hong Kong Stock Exchange [1]

Core Viewpoint - The company, Xiehe New Energy (00182), has received a listing eligibility letter from the Singapore Exchange regarding its proposed secondary listing on December 23, 2025. The eligibility letter does not indicate the value of the proposed secondary listing or the company's stock [1] Group 1 - The proposed secondary listing will not involve the issuance of new shares or any fundraising activities [1] - The company's issued ordinary shares will continue to be primarily listed and traded on the Hong Kong Stock Exchange thereafter [1]

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。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請或要約。 董事會欣然宣佈，本公司已於二零二五年十二月二十三日接獲新交所就建議第二上市發出之 上市資格函（「上市資格函」）。上市資格函並非對於建議第二上市、本集團及╱或本公司股票 價值之指示。 建議第二上市將不會涉及發行新股或其他集資活動。本公司之已發行普通股於其後將繼續主 要於聯交所上市及買賣。 本公司將於必要時根據適用法律及法規就建議第二上市作出進一步公告。 - 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 ） （股份代碼：182） 內幕消息 有關建議於新加坡證券交易所第二上市之更新 本公告乃由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，統 ...

Core Viewpoint - The collaboration between insurance funds and renewable energy assets is creating a new investment model that combines industry expertise, financial support, and professional management, aiming for sustainable development in the renewable energy sector [1][5][6]. Group 1: Investment Initiatives - China Life Insurance has invested 9 billion yuan in Qinghai Huanghe Company to support the construction of the world's largest photovoltaic power plant, demonstrating a successful synergy between long-term insurance funds and stable renewable energy assets [1]. - A new renewable energy investment fund with a total scale of 1.811 billion yuan has been established by Xiehe New Energy Group and Taikang Insurance, marking a shift from traditional industry funds to deeper involvement of insurance capital in renewable energy investments [1][5]. Group 2: Financial Performance - Xiehe New Energy reported a 6.6% decline in revenue to 1.4 billion yuan and a 43.8% drop in net profit attributable to shareholders to 282 million yuan in the first half of 2025, highlighting the challenges faced by the company [2][3]. - The average on-grid electricity price for wind power decreased by 4.8%, while for photovoltaic power, it fell by 9.2%, contributing to the company's financial struggles [2][3]. Group 3: Strategic Shift - Xiehe New Energy is transitioning from a heavy asset model of "power station investment and operation" to a lighter asset model of "professional asset management" to ensure sustainable development amid industry challenges [4][6]. - The collaboration aims to address two core issues in the renewable energy sector: acquiring and nurturing quality assets and matching them with long-term stable funding [6][8]. Group 4: Market Dynamics - The renewable energy industry is shifting from policy-driven growth to market-driven quality improvement, with Xiehe New Energy and Taikang's partnership representing a market-oriented response to this transition [6][8]. - The success of the new investment model will depend on the asset management capabilities of the industry partner and the patience of the funding partner in navigating the inherent volatility of the renewable energy sector [7][8].

Group 1 - The core point of the article is that Xiehe New Energy (00182) has announced the sale of its subsidiary, Cangzhou Julong Solar Power Co., Ltd., for approximately RMB 65.3 million, which is based on the company's asset value and business performance [1][2] - The sale involves a 100% equity transfer of a 50 MW solar power project located in Cangzhou, Hebei Province, with an unaudited net asset value of approximately RMB 26.08 million as of July 31, 2025 [1] - The payment for the sale will be made in three installments, with 70% paid upon completion of business registration and partial document transfer, 20% upon full document transfer and other conditions, and the remaining 10% after all project deficiencies are resolved [1] Group 2 - If the parties do not reach an agreement on issues before February 28, 2026, the seller has a buyback obligation and must return the paid price along with a 7% annual compensation [2] - The transaction constitutes a discloseable transaction as the combined applicable percentage exceeds 5% but is below 25%, thus requiring compliance with the listing rules [2]

New IPOs - Guoxia Technology (02655) received a subscription rate of 1890.73 times for its public offering in Hong Kong, with a share price of HKD 20.1 [1] - Easy Health (02661), Hansai Aitai-B (03378), and Nobi Kan (02635) are scheduled for public offerings from December 15 to December 18, with expected listing on December 23 [1] Major Events - Luoyang Molybdenum (03993) plans to acquire three major gold mining assets in Brazil for USD 1.015 billion [1] - Zhongwei New Materials (02579) has been included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect securities list [1] - Botai Carlink (02889) received a first project confirmation notice from a leading domestic new energy vehicle client [1] - Xiehe New Energy (00182) intends to sell 100% equity of Cangzhou Julong for CNY 65.3 million [1] - Fosun Pharma (02196) plans to invest a total of CNY 1.412 billion to gain control of Green Valley Pharmaceutical [1] - Youqu Holdings (02177) intends to spend JPY 2.701 billion to acquire the Japanese consulting pharmacy chain Akahige [1] Financial Data - China Metallurgical Group (01618) signed new contracts worth CNY 958.13 billion in the first 11 months, a decrease of 8.6% year-on-year [1] - Xinhua Insurance (01336) reported a cumulative original insurance premium income of CNY 188.85 billion in the first 11 months, an increase of 16% year-on-year [1] - China Southern Airlines (01055) saw a 10.42% year-on-year increase in passenger turnover in November [1] - China Shenhua (01088) reported coal sales of 389.5 million tons in the first 11 months, a decrease of 7.7% year-on-year [1] - China Eastern Airlines (00670) experienced a 10.35% year-on-year increase in passenger turnover in November [1] - Air China (00753) reported a 10.1% year-on-year increase in passenger turnover in November [1] Share Buybacks - Tencent Holdings (00700) repurchased 1.051 million shares for HKD 636 million on December 15 [2] - Xiaomi Group-W (01810) repurchased 7.2 million shares for HKD 302 million on December 15 [2] - Geely Automobile (00175) repurchased 1.991 million shares for HKD 34.7485 million on December 15 [2] - Kuaishou-W (01024) repurchased 462,000 shares for HKD 29.9304 million on December 15 [2] - Rongchang Bio (09995) plans to repurchase shares worth between CNY 2 million and CNY 4 million [2] - Gendyn New Drug (01952) received over HKD 38 million in share purchases from directors and major shareholders [2]

Core Viewpoint - The company, Xiehe New Energy, has announced the sale of 100% equity in Cangzhou Julong, a subsidiary, to Shiru Energy for approximately RMB 65.3 million, as part of its "build-and-sell" strategy aimed at enhancing investment returns and improving cash flow [1]. Group 1 - The sale involves a solar power project with a capacity of 50 megawatts located in Cangzhou, Hebei Province, China [1]. - The "build-and-sell" strategy allows the company to leverage its strengths to achieve more attractive investment returns [1]. - This strategy is expected to enhance the company's cash flow turnover and reduce debt ratios, supporting stable and rapid development [1].

Core Viewpoint - The company, Xiehe New Energy, has announced the sale of 100% equity in Cangzhou Julong to Shizui Energy for approximately RMB 65.3 million, as part of its "build-and-sell" strategy aimed at enhancing investment returns and improving cash flow [1]. Group 1: Transaction Details - Xiehe New Energy's subsidiary, Yinhua Xiehe, will sell its entire stake in Cangzhou Julong, which operates a 50 MW solar power project in Cangzhou, Hebei Province, China [1]. - The sale agreement is set to be executed on December 15, 2025, with a transaction value of approximately RMB 65.3 million [1]. Group 2: Strategic Approach - The company has adopted a "build-and-sell" strategy, which involves constructing power plants and selling partial interests upon completion or operation [1]. - This strategy is believed to leverage the company's strengths to achieve more attractive investment returns, enhance cash flow turnover, and reduce debt ratios, thereby supporting stable and rapid development [1].

Group 1 - The core point of the article is that Xiehe New Energy (00182.HK) announced a sale agreement with Shizui Energy for the 100% equity of its wholly-owned subsidiary, Cangzhou Julong, for approximately RMB 65.3 million [1] - Cangzhou Julong operates a 50 MW solar power generation project located in Cangzhou, Hebei Province, China [1] - The company has adopted a "Build-Operate-Sell" strategy, which involves constructing power plants and selling partial interests upon completion or operation, aiming to enhance investment returns and improve cash flow turnover [1] Group 2 - The board believes that the "Build-Operate-Sell" strategy allows the company to leverage its advantages for more attractive investment returns, reduce debt levels, and support stable and rapid development [1] - The terms of the sale are considered fair and reasonable by the board, aligning with the overall interests of shareholders [1]

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 ） （股份代碼：182） 須予披露交易 出售項目公司 董事會宣佈，於二零二五年十二月十五日交易時段後，本公司多間全資附屬公司（即銀華協 合及滄州聚隆）與市瑞能源訂立出售協議，銀華協合按代價約人民幣65.3百萬元，向市瑞能 源出售滄州聚隆之100%股權。 上市規則之涵義 出售事項之最高適用百分比率低於5%。出售事項日期前12個月內存在先前出售事項，根據 上市規則第14章應與出售事項合併計算，合併計算基準所得出之最高適用百分比率超過5% 但低於25%。因此，根據上市規則第14章，出售事項構成本公司之須予披露交易，並因而 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，於二零二五年十二月十五日交易時段後，銀華協合、滄州聚隆與市瑞能源 ...