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的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 董事會會議召開日期 宏華集團有限公司 (「本公司」及其附屬公司「本集團」) 董事會(「董事會」) 茲通告 謹定於2025年8月26日(星期二)舉行董事會會議，以考慮及通過本集團截至2025年6月30 日止的六個月之未經審核的中期業績，以及處理其他事項。 承董事會命 宏華集團有限公司 主席 王旭 中國，2025年8月14日 HONGHUA GROUP LIMITED 宏華集團有限公司 （於開曼群島註冊成立的有限公司） (股份代號：196) 於本公告日期，本公司之執行董事為王旭先生（主席）、朱驊先生及楊強先生；本公 司之非執行董事為楊養莊先生；及本公司之獨立非執行董事為張士舉先生、李越冬女 士及王俊仁先生。 ...

Group 1 - The stock price of XD Fosun Pharma (600196) closed at 26.84 yuan on August 4, 2025, down by 1.47%, with a turnover rate of 1.89% and a trading volume of 401,400 shares, resulting in a transaction amount of 1.064 billion yuan [1] - On August 4, the net outflow of main funds was 41.34 million yuan, accounting for 3.89% of the total transaction amount; the net outflow of speculative funds was 22.10 million yuan, accounting for 2.08%; while retail investors had a net inflow of 63.45 million yuan, accounting for 5.96% of the total transaction amount [2][5] - Fosun Pharma submitted a monthly report on securities changes to the Hong Kong Stock Exchange, covering statutory/registered capital changes, issued shares, and inventory shares as of July 31, 2025 [3][5] Group 2 - For H-shares, the statutory/registered share number remained at 551,940,500 shares, with issued shares totaling 540,971,500 shares and inventory shares at 10,969,000 shares, showing no changes for the month [3] - For A-shares, the statutory/registered share number was 2,118,488,825 shares, with issued shares totaling 2,098,582,573 shares and inventory shares at 19,906,252 shares, also showing no changes for the month [3] - The total statutory/registered capital at the end of the month was 2.670 billion yuan, with no applicable changes in stock options, warrants, convertible bonds, or other agreements [4]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: HONGHUA GROUP LIMITED 宏華集團有限公司 (於開曼群島註冊成立之有限公司) FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00196 | 說明 | | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 9,040,489,151 | | 0 | | 9,040,489,151 | | 增加 / 減少 (-) | | | | 0 | | 0 | | | | 本月底結存 | | | | 9,040,489,151 | | 0 | | 9,040,489,15 ...

Core Insights - Honghua Group successfully held an investor open day on July 11, 2025, attended by institutional investors from various firms, aiming to enhance market confidence through comprehensive communication about the company's operations and strategic plans [1][11] Group 1: Company Overview and Strategy - The management team presented the company's core competitiveness, strategic blueprint, and the current status and future plans of various business segments [1] - Honghua Group is a global leader in oil and gas exploration and development equipment manufacturing and drilling engineering services, with core businesses including land drilling rigs, components, and drilling engineering services [9] - The company is focusing on dual development in land and marine sectors, emphasizing intelligent oil and gas equipment, digital products, unmanned operations, and green energy solutions [9] Group 2: Technical Strength and Product Development - Investors visited production units such as Honghua Electric and Hanzheng Testing, where they engaged with department heads about the company's advancements in smart drilling rigs, digital control centers, and intelligent detection [3] - The visit to the Dongfang Electric Group exhibition allowed investors to understand the advanced product realization and service capabilities of the company [5] Group 3: Investor Engagement and Future Plans - The open day was characterized by transparency and vitality, providing investors with a clearer understanding of the "equipment + service" development strategy [11] - The company plans to deepen interaction with investors through various channels to communicate its value and operational dynamics effectively [11] - Honghua Group aims to strengthen its core competitiveness, improve operational quality and efficiency, and pursue sustainable, healthy, and high-quality development to enhance its intrinsic value and market competitiveness [11]

Summary of Key Points Core Viewpoint - As of July 3, a total of 120 stocks reached their 52-week highs, indicating a strong market performance with notable leaders in the list [1]. Group 1: Top Performers - The top three stocks with the highest increase rates are: - 富誉控股 (Fuyou Holdings) at 90.76%, closing at 0.435 with a peak of 0.475 [1] - 信义能源 (Xinyi Energy) at 65.00%, closing at 1.200 with a peak of 1.980 [1] - 中国三三传媒 (China San San Media) at 42.86%, closing at 1.710 with a peak of 1.900 [1] Group 2: Additional Notable Stocks - Other notable stocks include: - ITE HOLDINGS at 34.21% increase, closing at 0.047 with a peak of 0.051 [1] - 星凯控股 (Xingkai Holdings) at 30.00%, closing at 0.480 with a peak of 0.650 [1] - 北京北辰实业股份 (Beijing Beichen Industrial) at 26.47%, closing at 0.940 with a peak of 1.290 [1] Group 3: Overall Market Trends - The overall trend shows a significant number of stocks achieving new highs, reflecting positive investor sentiment and market conditions [1].

Group 1 - The Hang Seng Index Company will announce the second quarter review results on August 22 [1] - The Guangdong vehicle policy aims to launch by November with a daily quota of 100 vehicles [1] Group 2 - 康视云 is listed today, with 蓝思科技 and five other stocks available for subscription [1] - Luxshare Precision is planning to issue shares overseas and list on the Hong Kong Stock Exchange [1] - Ganfeng Lithium has completed the acquisition of the remaining 40% stake in Mali Lithium [1] - Xiaopeng Motors issued 293,600 Class A ordinary shares under its equity incentive plan [1] - Lei Jun stated that the subscription rate for Xiaomi Group's SU7 and SU7 Ultra is less than 15% [1] - Honghua Group signed drilling rig sales agreements totaling over 100 million USD [1] - Diligent Pharma received accelerated approval from the US FDA for its product Shuwozhe [1]

Core Viewpoint - Honghua Group's subsidiary, Sichuan Honghua Petroleum Equipment Co., Ltd., has signed a drilling rig sales agreement worth over 100 million USD with a Middle Eastern client, highlighting the company's commitment to innovation and safety in the oil and gas industry [1] Group 1 - The sales agreement involves the provision of several desert mobile drilling rigs, designed for mobility and flexibility to adapt to complex terrains and operational environments [1] - The agreement was established after fair negotiations between Sichuan Honghua and the client, with terms that are considered normal commercial terms, ensuring fairness and reasonableness [1] - The client is a leading oilfield service company in the Middle East, with a long-standing partnership with Honghua Group, which provides advanced automation equipment and components [1] Group 2 - The signing of the sales agreement reflects Honghua Group's dual focus on innovation and safety, emphasizing high-quality service and stable, safe equipment operation as key factors for becoming an important partner for top clients in the oil and gas industry [1]

Group 1: Market Reactions - The announcement of a potential ceasefire between Israel and Iran led to a significant drop in oil prices, with WTI and Brent crude oil falling nearly 9% and over 7% respectively [1] - In the Asia-Pacific market, WTI crude futures initially dropped over 5%, and as of the report, both WTI and ICE Brent crude were down over 2% [1] - Gold prices also saw a decline of 0.3% amid the easing geopolitical tensions [1] Group 2: Stock Performance - Hong Kong oil and gas stocks experienced sharp declines, with Baikin Oil Services plunging nearly 30%, Shandong Molong down over 18%, and Sinopec Oilfield Services falling over 14% [2][3] - In the A-share market, oil and gas service stocks also faced significant losses, with companies like Beiken Energy and Zhun Oil shares hitting the daily limit down [4] Group 3: Geopolitical Context - Trump's unilateral announcement of a ceasefire was met with skepticism, as both Israel and Iran did not confirm the agreement, with Iran's foreign minister stating no ceasefire "agreement" had been reached [6][8] - The ongoing conflict continued despite the announcement, with reports of missile attacks from Iran towards Israel [6] - The situation in the Strait of Hormuz, a critical oil shipping route, was highlighted, with previous threats from Iran to close it, which could have led to oil prices soaring to $120-$130 per barrel [11]

Summary of Honghua Group Conference Call Company Overview - **Company**: Honghua Group - **Date**: June 17, 2025 Key Points Financial Performance - Honghua Group achieved a turnaround in net profit, with expectations for 2025 growth rates to exceed those of orders and revenue [2][4] - Revenue for 2024 reached approximately 5.633 billion yuan, marking a growth of about 3% [4] - The company anticipates a further increase in gross margin by 2 percentage points in 2025 [2][6] Business Segments - The company maintains its leading position in land drilling rigs, with marine and fracturing equipment and services becoming key growth drivers [2][6] - The marine segment is expected to contribute significant revenue growth in 2024, while the fracturing business is projected to turn profitable, enhancing gross profit margins [2][6] - Basic business (land drilling rigs, fracturing fluids, drilling engineering services, and components) accounts for over 70% of revenue, with growth expected from marine and fracturing segments contributing approximately 1.2 billion yuan each in 2025 [8] International Expansion - Honghua's international strategy focuses on the Middle East, with a significant presence in countries like Kuwait, Saudi Arabia, and Iraq [12][13] - The company plans to establish subsidiaries in Singapore and Lagos, Nigeria, to further develop its marine oil sector [3][14] - As of May 2025, the company had an order backlog of approximately 5 billion yuan, exceeding half-year expectations, with a full-year order forecast of 8 billion yuan [10] Digital and Marine Products - Digital products have entered the high-end market in the Middle East, with marine products also achieving breakthroughs [11] - The company is enhancing its capabilities in special vessels and intelligent drilling rigs, recently winning orders for intelligent drilling rigs in the Middle East [7] Market Dynamics - The Middle East oil service industry is experiencing high demand, with Honghua actively participating in various EPC projects [16] - The company has signed a significant order worth 1.5 billion yuan with the largest oil rig contractor in the Middle East, involving six 3,000 horsepower artificial island drilling rigs [20] Competitive Landscape - Honghua has established itself as a leading brand in the Middle East, competing effectively against major players like NOV [21] - The company emphasizes rapid response, customization, and strong service capabilities, which have contributed to its competitive advantage [22] Future Outlook - The company is optimistic about future profit growth, driven by improved product structure and management efficiency [31][36] - Honghua aims to achieve over 8.5 billion yuan in orders for 2025, reflecting a 15% increase from 2024 [26] - The focus will be on becoming a top player in core components and digital products, as well as in the marine equipment sector within five years [26] Domestic Market Trends - Domestic oil demand is shifting towards deep earth, deep sea, and unconventional energy sectors, with a focus on developing marine equipment to align with future drilling technology advancements [24] Shareholder Returns - The company is considering share buybacks, dividends, and stock incentives as part of its market value management strategy [25] Order Structure - In the first half of 2025, over 30% of orders were related to marine projects, with more than 40% of orders coming from the Middle East [26] Profitability and Cost Management - The company expects to see a decline in financial costs and management expenses, contributing to net profit growth [36] This summary encapsulates the key insights from the conference call, highlighting Honghua Group's financial performance, business segments, international expansion, market dynamics, competitive landscape, and future outlook.

Group 1 - Global risk aversion is driving oil prices higher, with WTI crude futures at $73.75 per barrel and Brent crude at $74.56 per barrel as of June 13, indicating a new upward cycle in international oil prices [1] - Honghua Group, a leading global manufacturer of oil and gas exploration and drilling equipment, has seen its stock price rise by 34% this month and 68.9% year-to-date, closing at 0.201 HKD with a price-to-book ratio of 0.49x [1] Group 2 - Rising oil prices are expected to drive capital expenditure expansion in the oil and gas sector, benefiting Honghua Group's core business as demand for high-efficiency, intelligent, and reliable oil and gas equipment increases [2] - The company signed a sales agreement for intelligent drilling rigs worth over 1.5 billion RMB with a Middle Eastern client, showcasing strong recognition from top global clients [2] - Honghua Group's self-developed intelligent drilling rigs utilize machine learning to optimize drilling parameters, making them key tools for clients to enhance capacity and efficiency during favorable oil price conditions [2] Group 3 - The increase in oil prices will not only stimulate traditional onshore and shallow water oil and gas development but also enhance the economic viability of deep-sea projects, leading to increased investment in deep-sea development [3] - The company has significant expertise in deep-sea development, having participated in the design and construction of China's first deep-sea drilling vessel, "Dream" [3] - Honghua Group's subsidiary signed contracts worth over 240 million RMB for shipbuilding projects, demonstrating its competitive capabilities in the deep-sea equipment sector [3] - With a robust order book and a recovering industry outlook, the company's performance is expected to grow, driven by the increasing market penetration of high-end intelligent drilling rigs and rapid expansion in the marine engineering sector [3]