（Stock Code 股份代號：206） 23 January 2026 Dear Registered Shareholders, Updated arrangements on electronic dissemination of corporate communications CM Energy Tech Co., Ltd. (the "Company") hereby, with effect from the date hereof, implements the following updated arrangements on electronic dissemination of Corporate Communications(Note) pursuant to Rule 2.07A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the amended ...

Market Overview - The Hong Kong stock market experienced a "V"-shaped movement, with the Hang Seng Index down by 0.99% to 26,578 points, the Hang Seng Tech Index down by 1.15% to 5,755.35 points, and the National Enterprises Index down by 0.85% to 9,142.45 points [1] - Major airline stocks saw significant gains, with China Eastern Airlines up over 9% and China Southern Airlines up 6.5% [1] - Large tech stocks generally declined, with Alibaba down 3.31%, Tencent down 1.13%, and JD.com down 1.23% [1] - Biopharmaceutical stocks also fell, with WuXi Biologics down over 5% [1] - Broker stocks decreased, with Shenwan Hongyuan down over 3% [1] Company News - China Shenhua (01088.HK) expects coal sales to be 431 million tons in 2025, a decrease of 6.4% year-on-year [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income of 195.899 billion yuan in 2025, a 15% increase year-on-year [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in Q4 2025 [4] - Ronshine China (03301.HK) expects total contract sales of about 3.777 billion yuan in 2025, a decrease of 50.96% year-on-year [5] - Tianhong International Group (02678.HK) forecasts a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Quzhi Group (00917.HK) anticipates turning a profit in 2025, with net profit between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) expects adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than 750 million yuan for its tobacco flavoring business in 2025 [5] Institutional Insights - Huatai Securities notes that the core factors driving the market rebound in Q1 remain unchanged, including overall loose financial conditions and improved profit expectations [9] - Tianfeng Securities believes that the Hong Kong market has the basis for a rebound but remains cautious due to high overseas interest rates [9] - Guojin Securities expects the valuation advantages of the Hong Kong market to become more pronounced as the domestic economy recovers and overseas monetary policies turn accommodative [10] - Industrial Securities recommends focusing on leading companies in the AI sector and suggests opportunities in dividend assets and new consumption areas [10]

Market Overview - The Hong Kong stock market opened slightly lower on January 19, with the Hang Seng Index down 0.76% at 26,641.6 points, the Hang Seng Tech Index down 0.77% at 5,777.07 points, the State-Owned Enterprises Index down 0.76% at 9,151.07 points, and the Red Chip Index down 0.4% at 4,122.65 points [1] - Major tech stocks experienced declines, including Alibaba down 2.53%, Tencent down 0.65%, JD.com down 0.53%, Xiaomi down 1.29%, NetEase down 0.83%, Meituan down 1.2%, Kuaishou down 1.53%, and Bilibili down 2.69% [1] - The non-ferrous metals sector was active, with Zijin Mining rising over 3%, while the lithium battery sector saw most stocks increase, with BYD rising over 1% [1] - Some domestic property stocks fell, with Country Garden down over 10%, and the biopharmaceutical sector opened lower, with Tigermed down over 2% [1] Company News - China Shenhua (01088.HK) expects coal sales volume in 2025 to be 431 million tons, a year-on-year decrease of 6.4% [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income in 2025 to reach 195.899 billion yuan, a year-on-year increase of 15% [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in the fourth quarter of 2025 [4] - Ronshine China (03301.HK) expects total contract sales in 2025 to be approximately 3.777 billion yuan, a year-on-year decrease of 50.96% [5] - Tianhong International Group (02678.HK) issued a profit warning, expecting a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Qizhi Group (00917.HK) anticipates turning a profit in 2025, with net profit estimated between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) issued a profit warning, expecting adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than approximately 750 million yuan for its tobacco flavor business in 2025 [5] Strategic Insights - Guojin Securities suggests that the Hong Kong stock market is entering a "spring market" at the beginning of 2026, likely to continue until mid-year, driven by domestic and international easing expectations and policy collaboration [9] - Galaxy Securities anticipates narrow fluctuations in the Hong Kong stock market due to reduced short-term interest rate cut expectations from the Federal Reserve and increased global geopolitical uncertainties [9] - GF Securities views the chemical industry as a typical cyclical sector, predicting a "dawn" phase for the chemical industry amid capital expenditure growth turning negative and a focus on domestic demand expansion [9]

Core Viewpoint - The company aims to develop a strategic guideline for the next five years (2026-2030) to promote strategic upgrades and achieve sustainable high-quality development, guided by national policies and the macroeconomic environment [1] Group 1: Development Goals - The company is committed to becoming a leading green energy and equipment service provider in China [2] Group 2: Overall Development Approach - Integrated Development: The company plans to achieve dual-driven and integrated development of green energy and equipment manufacturing, creating a comprehensive solution capability of "technology + equipment + services" [3] - Dual Circulation Pattern: The company aims to inject development momentum into the lifecycle services of green energy and equipment manufacturing through a global layout, ultimately establishing a dual circulation development pattern domestically and internationally [3] - Collaborative Win-Win: Leveraging the resources of China Merchants Group and its subsidiaries, the company seeks to achieve breakthroughs and cross-development, empowering high-quality development through new productive forces [3] Group 3: Business Line Composition - The company will focus on four major business segments: 1. Hydrogen-based energy, which will develop a green energy supply platform integrating technology, equipment, and services, while controlling upstream resources through supply chain integration and partnerships [4] 2. Marine equipment, which will provide integrated solutions centered on customer needs, focusing on low-carbon energy equipment and transitioning to offshore wind and marine development products [4] 3. Intelligent control technology, which will create comprehensive solutions in the industrial control field, driven by market demand and focusing on high-growth sectors [4] 4. Overseas business, which will establish a global network for policy insights, technology tracking, asset operation, market development, and talent cultivation [4] Group 4: Implementation and Compliance - The company will actively promote the implementation of the five-year strategic guideline to enhance operational efficiency and ensure sustainable growth, while adhering to legal regulations and maintaining a balance between innovation and compliance to create long-term value for shareholders and partners [4][5]

Core Viewpoint - The company aims to develop a strategic guideline for the next five years (2026-2030) to promote strategic upgrades and achieve sustainable high-quality development, guided by national economic plans and the "dual carbon" strategy [1] Development Goals - The company is committed to becoming a leading green energy and equipment service provider in China [2] Overall Development Approach - Integrated Development: The company plans to achieve dual-driven and integrated development of green energy and equipment manufacturing, creating a comprehensive solution capability of "technology + equipment + services" [3] - Dual Circulation Pattern: The company will leverage a global layout to inject development momentum into the full lifecycle services of green energy and equipment manufacturing, establishing a dual circulation development pattern domestically and internationally [3] - Collaborative Win-Win: By utilizing the rich scenarios and deep foundations of China Merchants Group and China Merchants Industry Group, the company aims to achieve breakthroughs and cross-development, ultimately creating value through collaboration [3] Business Line Composition - The company will focus on four major business segments: 1. Hydrogen-based energy, which will develop a green energy supply platform integrating technology, equipment, and services, while controlling upstream resources through supply chain integration and partnerships [4] 2. Marine equipment, which will focus on customer-centric value chains, providing integrated solutions for green ship core equipment and transitioning to offshore wind power and marine development products [4] 3. Intelligent control technology, which will focus on high-growth sectors and gradually build a comprehensive solution capability in industrial control systems [4] 4. Overseas business, which will establish a global network for policy insights, technology tracking, asset operation, market development, and talent cultivation [4] Implementation Commitment - The company will actively promote the implementation of the five-year strategic guideline to enhance operational efficiency and achieve sustainable growth in business performance, while adhering to relevant laws and regulations [5]

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，並明確表示概不就因本公告全部或任何部分內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CM Energy Tech Co., Ltd. 华商能源科技股份有限公司 自願性公告 本公告由是華商能源科技股份有限公司（「華商能源」或「本公司」）按自願基準刊發。本 公告旨在知會本公司股東（「股東」）及潛在投資者有關本公司的最新業務發展。 本公司以國家發佈的《國民經濟和社會發展第十五個五年規劃》以及國家「雙碳」戰略為指 引，在綜合考慮實際經營情況的基礎上，結合未來宏觀經濟環境、行業發展形勢以及本 公司所處的發展階段等因素，制定《未來五年（2026-2030年）戰略指引》（「未來五年戰略 指引」），以推動本公司戰略升級，實現可持續高品質發展。 一、發展目標 致力成為中國領先的綠色能源與裝備服務商。 二、整體發展思路 (1) 融合發展：在以船海場景為主的多元場景帶動下，實現綠色能源與裝備製造雙 輪驅動、融合發展，最終構建「技術+裝備+服務」的一體化解決方案能力。 –1– 三、業務線組合 （於開曼群島註冊成 ...

FF301 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12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: 华商能源科技股份有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 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) | 00206 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | 本月底法定/註冊股本 ...

（於開曼群島註冊成立之有限公司） 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 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的任何損失承擔任何責任。 CM Energy Tech Co., Ltd. 华商能源科技股份有限公司 （股份代號：206） 董 事 會 欣 然 宣 佈，通 告 載 列 之 所 有 普 通 決 議 案 已 於 二 零 二 五 年 十 二 月 三 十 日 舉 行的股東特別大會上獲獨立股東以按股數投票表決方式正式通過。 | | | 普通決議案 | 票 數 （佔有效總票數百分比） | 總票數 | | --- | --- | --- | --- | --- | | | | | 贊 成 反 對 | | | 2. | 動 議： | | 557,323,000 0 (100%) (0%) | 557,323,000 | | | (a) | 全 面 批 准、確 認 及 追 認 總 船 舶 租 賃 及 管 理 | | | | | | 服 務 協 議（其 註 有 ...

CM Energy Tech Co., Ltd. 华商能源科技股份有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：206） NOTIFICATION LETTER 通知信函 Dear Non-Registered Shareholders(Note 1) , CM Energy Tech Co., Ltd. (the "Company") – Notice of publication of (i) Circular relating to (1) continuing connected transaction in relation to product sales (2) continuing connected transaction and major transaction in relation to vessels chartering and (3) notice of Extraordinary General Meeting (the "C ...

CM Energy Tech Co., Ltd. 华商能源科技股份有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：206） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, CM Energy Tech Co., Ltd. (the "Company") – Notice of publication of (i) Circular relating to (1) continuing connected transaction in relation to product sales (2) continuing connected transaction and major transaction in relation to vessels chartering and (3) notice of Extraordinary General Meeting, and (ii) Form of pr ...