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3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: 中化化肥控股有限公司 呈交日期: 2026年4月1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) | 00297 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 80,000,000,000 | HKD | | 0.1 | HKD | | 8,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 80,000,000,000 | HKD | | 0.1 | HKD | | 8,000,000,000 | | 2. ...

| 其他信息 | | | --- | --- | | 其他信息 | 不適用 | | 發行人董事 | | | 本公司執行董事為張學工先生（主席）、王鐡林先生（首席執行官）、陳勝男女士及王凌女士；本公司非執行董事為張光艷女士； | | | 及本公司獨立非執行董事為高明東先生、盧欣先生及孫寶源先生。 | | | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 中化化肥控股有限公司 | | 股份代號 | 00297 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年十二月三十一日止年度的末期股息 | | | 公告日期 | 2026年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 ...

Financial Performance - The group's revenue for the year reached RMB 23.263 billion, an increase of 9.40% compared to RMB 21.265 billion in 2024[3]. - The profit attributable to shareholders was RMB 1.259 billion, reflecting an 18.66% increase from RMB 1.061 billion in 2024[3]. - Basic earnings per share rose to RMB 0.1793, up 18.66% from RMB 0.1511 in 2024[3]. - Gross profit reached RMB 2.893 billion, up 13.72% from the previous year[28]. - The segment profit for the fiscal year ending December 31, 2025, was RMB 1.63 billion, up from RMB 1.38 billion in the previous year, marking a year-on-year increase of 18.01%[34]. - The basic business segment achieved a profit of RMB 874 million, a 35.5% increase compared to the previous year's profit of RMB 645 million[34]. - The growth business segment reported a slight profit increase to RMB 349 million, up 0.58% from RMB 347 million in the previous year[34]. - The production business segment's profit was RMB 404 million, reflecting a 4.39% increase from RMB 387 million in the previous year[34]. - The company's attributable profit to shareholders for the fiscal year ending December 31, 2025, was RMB 1.26 billion, an increase of 18.66% from RMB 1.06 billion in the previous year[37]. - The net profit margin for the fiscal year ending December 31, 2025, was 5.41%, an increase of 0.42 percentage points compared to the previous year[37]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.0693 per share, equivalent to approximately RMB 0.0627, representing a 21.37% increase from HKD 0.0571 (approximately RMB 0.0529) in 2024[3]. - The company proposed a final dividend of HKD 0.0693 per share for 2025, equivalent to approximately RMB 0.0627, compared to HKD 0.0571 per share in 2024, which is an increase of about 21.1%[106]. Sales and Market Performance - The sales volume of bio-fertilizers reached 1.54 million tons, marking a 14% increase year-on-year[6]. - The group achieved a sales volume of 7.31 million tons for the year ending December 31, 2025, representing a slight increase of 1.39% compared to the previous year[28]. - Revenue for the year was RMB 23.263 billion, an increase of RMB 1.998 billion or 9.4% from the previous year, primarily due to rising average selling prices[30]. - The revenue breakdown by product for 2025 includes: Potash at RMB 4,194,687 thousand, Compound Fertilizer at RMB 7,482,843 thousand, and Phosphate at RMB 7,511,687 thousand, showing significant growth in all categories compared to 2024[92]. Research and Development - The company completed the transformation of 1.36 million tons of research results, with high-end new product transformation volume increasing by 44% year-on-year[12]. - The company launched 20 new or upgraded products, with 4 "Biological+" products entering trial production and sales[12]. - The company developed three new biological technology research models, enhancing the stability and predictability of product applications[12]. - The group is committed to the "Biological+" strategy, enhancing its integrated research, production, and sales system to support agricultural green transformation[27]. Operational and Strategic Initiatives - The company plans to strengthen its R&D capabilities and stabilize the upstream and downstream of the industry chain to promote higher quality transformation[8]. - The company aims to enhance its position in the domestic industry and expand its international market presence through strategic partnerships[8]. - The company is focused on ensuring stable agricultural resource supply and optimizing supply chain management to support farmers[5]. - The company has launched over 18,000 retail stores under the "Nong Xiao Hui" platform, achieving over 90% coverage in agricultural counties, benefiting more than 3.2 million farmers through digital marketing activities[19][20]. Risk Management and Compliance - The main financial risks include market risk, credit risk, and liquidity risk, with management actively monitoring these risks to minimize potential adverse impacts[71]. - The company has established a comprehensive network security protection system to mitigate risks associated with cyber threats[69]. - The internal control and risk management system has effectively met the requirements of domestic and international regulatory bodies, supporting the company's strategic transformation and business development[23]. - The company has published 124 internal control regulations and a responsibility manual, enhancing overall governance and compliance within the organization[22]. Environmental and Social Responsibility - The group achieved an ESG rating of AA in 2025, reflecting its commitment to green and low-carbon development[7]. - The group has donated approximately RMB 639,000 to support local education and agricultural development initiatives[26]. - The company has implemented strict environmental protection measures and has not experienced any major environmental pollution incidents in 2025[68]. - The company has actively participated in ensuring food security and stable supply of important agricultural products, implementing measures to stabilize market prices and enhance crop quality[24]. Financial Position and Assets - The group's total assets continued to grow steadily, indicating a healthy and robust financial position[6]. - The company's net assets increased to RMB 11,454,467 thousand in 2025, up from RMB 10,635,118 thousand in 2024, reflecting a growth of 7.7%[85]. - The group's inventory balance as of December 31, 2025, was RMB 5.83 billion, an increase of RMB 605 million or 11.58% from RMB 5.23 billion as of December 31, 2024, with inventory turnover days improving by 8 days to 99 days[42]. - Trade receivables and notes receivable as of December 31, 2025, totaled RMB 380 million, an increase of RMB 87 million or 29.69% from RMB 293 million as of December 31, 2024, with turnover days improving by 1 day to 5 days[44]. - The group's total interest-bearing liabilities as of December 31, 2025, were RMB 1.507 billion, a decrease of RMB 363 million or 19.41% from RMB 1.870 billion as of December 31, 2024, primarily due to reduced bank financing[53].

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之任何損失承擔任何責任。 中化化肥控股有限公司 董事會主席 SINOFERT HOLDINGS LIMITED 中化化肥控股有限公司 (於百慕達註冊成立之有限公司) (股份代號：297) 董事會召開日期 中化化肥控股有限公司（「本公司」）董事會（「董事會」）宣佈，本公司將於二零二 六年三月二十六日（星期四）舉行董事會會議，藉以（其中包括）批准本公司及其附屬 公司截至二零二五年十二月三十一日止之全年業績及其發佈，以及考慮派發末期股息 （如有）。 代表董事會 張學工 香港，二零二六年三月十六日 於本公告日期，本公司執行董事為張學工先生（主席）、王鐡林先生（首席執行官）、陳勝 男女士及王凌女士；本公司非執行董事為張光艷女士；及本公司獨立非執行董事為高明東 先生、盧欣先生及孫寶源先生。 ...

Group 1 - Fertilizer stocks showed significant gains in early trading, with China National Petroleum Corporation (03983) rising by 8.28% to HKD 3.40 [1] - Sinochem Fertilizer (00297) increased by 3.91%, reaching HKD 1.86 [1] - China Heartlink Fertilizer (01866) saw a rise of 2.74%, trading at HKD 12 [1]

Core Viewpoint - China National Chemical Corporation (Sinochem) and Bank of China signed a comprehensive strategic cooperation agreement in Xiong'an New Area, Hebei, establishing a long-term, stable, mutually beneficial partnership for extensive collaboration across multiple fields [1] Group 1 - The agreement aims to foster a comprehensive strategic cooperation relationship between the two entities [1] - The collaboration will cover various sectors, indicating a broad scope of potential joint initiatives [1]

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 | 2. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 否 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00000 | 說明 | | 可轉換可贖回無表決權優先股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 316 | HKD | | 100 HKD | | | 316,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 316 | HKD | | 100 HKD | | | 316,000,000 | 本月底法定/註冊股本總額： HKD 8,316,000,000 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中化化肥控股有限公司 呈交日期: 2026年3月 ...

Core Insights - Smart agriculture is a significant advanced stage in the development of agricultural informationization and modernization, utilizing cutting-edge technologies like satellite positioning systems and intelligent devices to enhance productivity and resource efficiency [1][5] - The Chinese smart agriculture market is experiencing rapid growth, with the market size projected to increase from 38.47 billion yuan in 2017 to 120 billion yuan by 2025, reflecting a compound annual growth rate (CAGR) of 15.28% [1][8] - Smart agriculture is a crucial support for rural revitalization and an inevitable trend in agricultural modernization, with future applications expected to be broader and more mature as technology continues to evolve [1][8] Smart Agriculture Industry Overview - Smart agriculture integrates modern information technologies such as the Internet, IoT, big data, and AI to achieve comprehensive information perception, quantitative decision-making, intelligent control, and personalized services in agricultural production [2][5] - Key components of smart agriculture include smart planting, smart livestock, smart aquaculture, intelligent farming machinery, and smart parks [2] Smart Agriculture Classification - Smart agriculture can be categorized into various segments, including smart planting, smart livestock, smart aquaculture, and intelligent agricultural machinery [3] Benefits of Smart Agriculture - Smart agriculture improves ecological environments by ensuring that agricultural practices do not harm soil and water quality, while also enhancing production efficiency through real-time monitoring and data analysis [4][5] - It transforms the mindset of agricultural producers and consumers, enabling remote learning and access to agricultural knowledge and market information, thus changing traditional reliance on experience [5] Industry Development History - The development of smart agriculture in China can be divided into five stages, from traditional practices before 2000 to the current focus on ecological sustainability and resource optimization [6] Industry Policies - The Chinese government has implemented various policies to promote smart agriculture, recognizing it as a key component of digital rural construction and rural revitalization strategies [6] - The "National Smart Agriculture Action Plan (2024-2028)" aims to enhance public service capabilities and explore intelligent solutions for major crops by 2026 [6] Industry Value Chain - The smart agriculture value chain consists of upstream raw materials and equipment, midstream agricultural production processes, and downstream agricultural product processing and distribution [6][7] Current Market Size and Structure - The smart agriculture market is primarily driven by digital platform services and smart planting, accounting for 36% and 31% of the market, respectively [8] - The agricultural product circulation market in China is projected to reach 16.87 trillion yuan in 2024, with a 3% year-on-year growth [7] Industry Trends - The future of smart agriculture will focus on precision management, automation, and environmental sustainability, leveraging advanced technologies to enhance productivity and reduce resource waste [11][12][14] - Automation will significantly improve efficiency across the agricultural production chain, from planting to harvesting, enabling continuous production and higher land productivity [12][13]

Core Viewpoint - The quality inspection of potassium fertilizer products in Hainan Province revealed that out of 12 batches tested, 1 batch was found to be non-compliant with usage requirements, specifically regarding chloride ion and free acid content [2][3]. Group 1: Inspection Results - The inspection was conducted in the fourth quarter of 2025, following various national standards, including GB/T 20406-2017 and GB/T 20784-2018 [2]. - The non-compliant batch was identified as "惠之美水溶性硫酸钾," produced by 青上化工(惠州)有限公司, with issues related to chloride ion (Cl-) and free acid (H2SO4) content [4]. - No safety-related non-compliance was found in the inspected products [2]. Group 2: Impact of Non-compliance - Excess chloride ion in potassium sulfate can accumulate in soil, leading to soil compaction and reduced permeability, which negatively affects crop growth, particularly for chloride-sensitive crops like tobacco and citrus [3]. - High levels of free acid can acidify the soil, harming microbial life and nutrient availability, and may also damage crop roots and agricultural equipment [3]. Group 3: Compliant Products - Several potassium fertilizer products passed the quality inspection, including "红牛硫酸钾" and "肥料级氯化钾," meeting the required standards for potassium oxide (K2O) and sulfur (S) content [4][5]. - The compliant products were sourced from various agricultural supply stores across Hainan Province, indicating a range of options for farmers [4].

Group 1 - Zhonghua Fertilizer (00297.HK) experienced a 4% increase in stock price, reaching HKD 1.82 [2] - The trading volume for Zhonghua Fertilizer was HKD 119 million [2]