Financial Performance - Total revenue for the year ended December 31, 2025, was HKD 234,258,000, a decrease of 21.9% compared to HKD 300,101,000 in 2024[3] - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for 2025 was HKD 135,565,000, down 22.1% from HKD 174,027,000 in 2024[3] - Profit attributable to owners of the company for 2025 was HKD 25,874,000, a decline of 5.4% from HKD 27,344,000 in 2024[3] - Basic and diluted earnings per share for 2025 were both HKD 8.42, down 16.14% from HKD 10.04 in 2024[3] - Profit before tax for 2025 was HKD 32,279,000, down from HKD 56,399,000 in 2024[4] - The net profit margin decreased by 5.01% to 13.78% for the year ending December 31, 2025, attributed to the revenue drop[46] Revenue and Costs - Direct costs for 2025 were HKD 47,679,000, compared to HKD 51,631,000 in 2024[4] - Other income increased to HKD 11,071,000 in 2025 from HKD 4,237,000 in 2024[4] - Financing costs decreased significantly to HKD 19,738,000 in 2025 from HKD 36,059,000 in 2024[4] - Interest income fell significantly from HKD 239,000 in 2024 to HKD 25,000 in 2025, a decline of about 90%[22] - Other operating expenses decreased by approximately HKD 8,094,000 or 39.3% to about HKD 12,513,000 due to cost control measures implemented during the year[46] Assets and Liabilities - Non-current assets increased to HKD 2,161,032 thousand in 2025 from HKD 2,089,660 thousand in 2024, representing a growth of 3.4%[6] - Current assets rose significantly to HKD 442,853 thousand in 2025, up from HKD 180,875 thousand in 2024, marking an increase of 144.5%[6] - Total liabilities decreased from HKD 404,871 thousand in 2024 to HKD 350,028 thousand in 2025, a reduction of 13.5%[6] - Net assets grew to HKD 2,135,939 thousand in 2025, compared to HKD 1,790,383 thousand in 2024, reflecting an increase of 19.3%[7] - Non-current liabilities rose to HKD 117,918 thousand in 2025 from HKD 75,281 thousand in 2024, an increase of 56.5%[7] Cash and Equity - The company reported a significant increase in cash and bank balances, reaching HKD 295,158 thousand in 2025, compared to HKD 34,346 thousand in 2024, an increase of 760.5%[6] - The company’s equity attributable to owners increased to HKD 2,129,835 thousand in 2025 from HKD 1,781,351 thousand in 2024, a growth of 19.5%[7] - The company’s total assets minus current liabilities amounted to HKD 2,253,857 thousand in 2025, up from HKD 1,865,664 thousand in 2024, an increase of 20.8%[6] Business Operations - The main business operations focus on natural gas exploration, production, and distribution, with a single operating segment identified for strategic decision-making[16] - The company plans to focus on market expansion and new product development in the upcoming fiscal year[5] - The company plans to continue its operations primarily in natural gas exploration, production, and distribution in China[42] Shareholder Information - The company did not declare any dividends for the years ending December 31, 2024, and December 31, 2025[26] - The company issued 152,066,800 rights shares, raising a net amount of HKD 236,697,000[40] - A mandatory unconditional cash offer was made to acquire all issued shares of the company, with effective acceptances of 28,226,590 shares, representing approximately 6.19% of the issued share capital[82] - After the offer, the offeror and its concert parties hold a total of 269,861,529 shares, equivalent to approximately 59.15% of the issued share capital[82] Compliance and Governance - The company has adhered to all corporate governance codes and applicable listing rules during the reporting period, with minor exceptions noted[83] - The company has adopted the securities trading standards as per the listing rules, confirming compliance throughout the review period[84] - The audit committee consists of five members, including three independent non-executive directors, ensuring compliance with corporate governance standards[87] - The company has no internal audit function due to operational nature and size, but will review the effectiveness of its risk management and internal control systems[88] Future Projections - The company emphasizes the importance of sustainable business opportunities to enhance shareholder returns in the future[91] - The company plans to fund the construction of three production wells in the Akmomu gas field with an estimated cost of HKD 87.9 million by May 2026[78]

（於 開 曼群島註冊成立之有限公司） （股份代號：228） 董事會會議召開日期 中 國 能 源 開 發 控 股 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，本 公 司 將 於 二 零 二 六 年 三 月 二 十 七 日（星 期 五）假 座 香 港 新 界 荃 灣 楊 屋 道88號 荃 灣88廣場二十九樓J室 及 以 視 頻 會 議 形 式 舉 行 董 事 會 會 議，藉 以 考 慮 及 批 准（其 中 包 括）本 公 司 及 其 附 屬 公 司 截 至 二 零 二 五 年 十 二 月 三 十 一 日 止 年 度 的 業 績， 以 及 考 慮 建 議 派 付 末 期 股 息（如 有）。 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 會 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。 主席兼執行董事 劉文選 香 港，二 零 二 六 年 三 月 二 日 於 本 公 告 日 期，董 事 會 成 員 包 括 執 行 ...

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: 2026年2月28日 狀態: 新提交 本月底法定/註冊股本總額： HKD 1,250,000,000 FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 致：香港交易及結算所有限公司 公司名稱: 中國能源開發控股有限公司 呈交日期: 2026年3月2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) | 00228 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 25,000,000,000 | HKD | | 0.05 HKD | | 1,250,000,000 | | 增加 / 減少 (-) | | | | | | H ...

Group 1 - The core point of the article is that *ST Yushun (002289.SZ) announced the approval of the initial public offering (IPO) application for Shenghe Jingwei on the Shanghai Stock Exchange's Sci-Tech Innovation Board, scheduled for February 24, 2026 [1] - The company indirectly holds approximately 3.3072 million shares of Shenghe Jingwei, representing a stake of about 0.2058% prior to this issuance [1]

Core Viewpoint - The announcement details the results of a mandatory general offer initiated by the subsidiary of Xinjiang Xintai Natural Gas Co., Ltd. towards other shareholders of China Energy Development Holdings Limited, indicating a significant increase in shareholding post-offer [2][5]. Group 1: Offer Details - On February 3, 2026, the subsidiary, Jiying Company, completed a mandatory general offer to other shareholders of China Energy Development Holdings Limited, which is listed on the Hong Kong Stock Exchange [2][5]. - By the deadline, Jiying Company received valid acceptances for a total of 28,226,590 shares, representing approximately 6.19% of the total issued shares of China Energy Development Holdings Limited [2][5]. - Following the offer, the company, through Jiying Company, holds a total of 59.15% of the issued shares of China Energy Development Holdings Limited, while public shareholders hold 30.66% [5]. Group 2: Capital Restructuring and Rights Issue - On August 14, 2025, China Energy Development Holdings Limited initiated a capital restructuring and rights issue plan, aiming to raise approximately HKD 239 million for various operational costs and project developments [3]. - The rights issue was based on a ratio of 1 new share for every 2 shares held, with a subscription price set at HKD 1.57 per share [4]. - After the rights issue, Jiying Company and others collectively subscribed to 150,884,939 shares, resulting in a total holding of 52.97% of the issued shares of China Energy Development Holdings Limited [4].

Summary of Key Points Core Viewpoint - The offer for shares by the offeror and the company has officially closed on February 3, 2026, with no revisions or extensions made to the offer [1] Group 1: Offer Details - As of the closing time on February 3, 2026, the offeror received valid acceptances for a total of 28,226,590 shares, which represents approximately 6.19% of the company's total issued share capital as of the announcement date [1] - The offeror did not receive any valid acceptances for the convertible bonds offer [1] Group 2: Shareholding Post-Offer - Considering the valid acceptances received and the shares already held by the offeror and its concert parties, they collectively hold 269,861,529 shares, amounting to approximately 59.15% of the company's total issued share capital as of the announcement date [1]

Group 1 - The offer from the offeror, Jiahawk Limited, for China Energy Holdings (00228) has officially closed on February 3, 2026, with no revisions or extensions [1] - A total of 28.2266 million shares were validly accepted under the offer, representing approximately 6.19% of the company's total issued share capital as of the announcement date [1] - The offeror and its concert parties collectively hold 270 million shares, which accounts for about 59.15% of the company's total issued share capital as of the announcement date [1]

Group 1 - The offer from the offeror, Jiahawk Limited, for China Energy Holdings (00228) has officially closed on February 3, 2026, with no revisions or extensions [1] - As of the closing date, the offeror received valid acceptances for a total of 28.2266 million shares, representing approximately 6.19% of the total issued share capital of the company [1] - The offeror and its concert parties collectively hold 270 million shares, which accounts for about 59.15% of the total issued share capital of the company [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聯合公告的內容 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 聯合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的任何損失承 擔 任 何 責 任。 本 聯 合 公 告 僅 供 參 考，並 不 構 成 收 購、購 買 或 認 購 中 國 能 源 開 發 控 股 有 限 公 司 證 券 之 邀 請 或 要 約，亦 不 構 成 於 任 何 司 法 管 轄 區 內 徵 求 任 何 投 票 或 批 准。本 聯 合 公 告 不 得 在 任 何 司 法 管 轄 區 內 或 向 該 等 司 法 管 轄 區 發 佈、刊 載 或 分 發，倘 若 該 等 行 為 構 成 違 反 該 司 法 管 轄 區 相 關 法 律。 ALPHA EAGLE LIMITED 佳鷹有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （於 開 曼群島註冊成立之有限公司） （股份代號：228） 聯合公告 (1)信達國際融資有限公司代表佳鷹有限公司 提 出 之 強 制 性 無 條 件 現 金 要 約 之 ...

致：香港交易及結算所有限公司 公司名稱: 中國能源開發控股有限公司 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: 2026年1月31日 狀態: 新提交 呈交日期: 2026年2月2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) | 00228 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 25,000,000,000 | HKD | | 0.05 HKD | | 1,250,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 25,000,000,000 | HKD | | 0.05 HKD | | 1,250,000,000 | 本月底法定/註冊股本總額： HKD ...