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（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈， 張家敏女士（「張女士」）已辭任本公司之公司秘書（「公司秘書」），自二零二五年 十一月二十四日起生效。於張女士辭任後，彼亦不再擔任董事會企業管治委員會成員。 張女士確認彼與董事會並無任何意見分歧，亦無有關其不再擔任上述本公司職位之其他 事宜需提請本公司股東及香港聯合交易所有限公司（「聯交所」）垂注。 董事會欣然宣佈，黎映彤女士（「黎女士」）已獲委任為公司秘書，自二零二五年十一 月二十四日起生效。 黎女士的履歷載列如下: 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) 更換公司秘書及 董事會企業管治委員會成員之停任 中化化肥控股有限公司 董事會主席 蘇賦 香港，二零二五年十一月二十四日 1 於本公告日期，本公司非執行董事為蘇賦先生（主席）及張光艷女士； ...

Core Insights - The Xiong'an New Area is rapidly attracting energy state-owned enterprises, with over 100 subsidiaries or innovative business units established in the region, forming a collaborative development pattern of "headquarters + R&D base + supporting enterprises" [2][4] Group 1: Company Developments - China Huaneng and China Sinochem have recently moved their headquarters to Xiong'an, leading to the attraction of additional market-oriented energy enterprises such as Kunlun Smart and Sinopec Energy Conservation [2] - China Energy Investment Corporation's subsidiary, China Electric Power Equipment Co., has successfully acquired an 88.16-acre site in Xiong'an for construction [2] - Hebei Huadian has implemented a distributed photovoltaic project in Xiong'an, generating over 4.5 million kilowatt-hours of electricity, showcasing the integration of clean energy systems with natural landscapes [3][7] Group 2: Government Initiatives - The Xiong'an New Area Business and Investment Promotion Bureau has established a regular communication mechanism with central enterprises to streamline decision-making processes, significantly reducing the time required to engage with headquarters [4] - A comprehensive service system has been created to support energy state-owned enterprises, integrating various policies into a "special service package" for the energy industry [4][5] - The region is enhancing service quality and supporting advanced technology research and application to build a modern, intelligent, and green energy system [5]

Core Viewpoint - Sinochem Fertilizer (00297) has announced the signing of an EPC general contracting agreement for electrical and instrumentation equipment renovation projects, with a total cost not exceeding RMB 31 million [1][2] Group 1: Project Details - The project involves the design, procurement, construction, installation, and commissioning of electrical and instrumentation equipment [1][2] - The electrical renovation includes the replacement of 10kV incoming cables, transformers, low-voltage distribution cabinets, and related grounding system modifications across various distribution rooms [1] - The instrumentation renovation includes the replacement of field instrument cables, control cabinets, and the relocation of distributed control system (DCS) cabinets to new control rooms [2] Group 2: Board Approval - The board of directors, including independent non-executive directors, considers the EPC contract transactions to be conducted on normal commercial terms and in the overall interest of the company and its shareholders [2] - No directors are deemed to have a significant interest in the EPC contract, thus no abstention from voting on the board resolution for the contract approval is required [2]

Core Viewpoint - Sinochem Fertilizer (00297) has entered into a total contracting agreement for the backfill utilization project of harmless phosphogypsum, with a total cost of RMB 62,644,158.09 [1] Group 1 - The agreement was signed on November 13, 2025, between Sinochem Fuling, Zhonglan Lianhai, and Zhejiang Tuohai [1] - The project includes design, procurement, and construction responsibilities assigned to Zhonglan Lianhai and Zhejiang Tuohai [1]

Core Viewpoint - Sinochem Fertilizer (00297) has announced the signing of an EPC contract for the electrical and instrumentation equipment upgrade project, with a total cost not exceeding RMB 31 million [1][2]. Group 1: Project Details - The EPC contract involves Sinochem Yunlong commissioning Zhonglan Lianhai and Yunnan Qiangshi for design, procurement, construction, installation, and commissioning of the electrical and instrumentation equipment upgrade project [1]. - The electrical upgrade includes replacing 10kV incoming cables, transformers, and low-voltage distribution cabinets across various distribution rooms, as well as the removal of existing equipment [1]. - The instrumentation upgrade involves replacing control cabinets, relocating distributed control system (DCS) cabinets, and removing old cables and protective conduits [2]. Group 2: Board Approval - The board of directors, including independent non-executive directors, considers the EPC contract transaction to be conducted on normal commercial terms and in the overall interest of the company and its shareholders [2]. - No directors are deemed to have a significant interest in the EPC contract, thus they are not required to abstain from voting on the board resolution for its approval [2].

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，並明確表示概不會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。 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) 公告 無害化磷石膏回填利用項目總承包合同下 之關連交易 根據國家部委發佈的《推進磷資源高效高值利用實施方案》，要求各相關單位於二零二 六年實現磷石膏100%無害化處理，綜合利用率達到65%。為貫徹落實相關政策要求，本 公司之間接非全資附屬公司中化涪陵正積極推進配套磷石膏無害化處理裝置建設；同 時，中化涪陵暫儲場北側存在天然坑窪地，導致其整體土地利用率有限。鑒於此，中化 涪陵擬開展無害化磷石膏回填利用項目，並根據相關要求組織公開招標，確定中藍連海 及浙江拓海為聯合中標人。 董事會宣佈，於二零二五年十一月十三日，中化涪陵與中藍連海及浙江拓海訂立回填利 用總承包合同，據此，中化涪陵已委託中藍連海及浙江拓海承擔對無害化磷石膏回填利 用項目的設計、採購及施工等工作，總代價為人民幣62,644,158.09元。 上市規則之涵義 中國中化 ...

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，並明確表示概不會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。 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) 公告 電氣、儀錶設備更新改造項目EPC總承包合同下 之關連交易 本公司之間接全資附屬公司中化雲龍的化學脫氟、脫砷、氟鹽、磷酸二氫鈣（MCP） 工段電氣設備設施自投入運行至今時間較久，性能下降，可靠性降低。為確保安全運 行，中化雲龍計劃開展電氣、儀錶設備更新改造項目，並根據相關要求進行了公開招 標，確定中藍連海及雲南強世為聯合中標人。 董事會宣佈，於二零二五年十一月十三日，中化雲龍與中藍連海及雲南強世訂立電 氣、儀錶設備更新改造項目EPC總承包合同，據此，中化雲龍已委託中藍連海及雲南 強世承擔對電力、儀錶設備更新改造項目的設計、採購、施工、安裝及調試等工作， 總代價最高不超過人民幣31,000,000元。 上市規則之涵義 中國中化為本公司最終控股股東，間接持有本公司已發行股份 ...

Industry Overview - The global potassium fertilizer market is experiencing a tightening supply-demand balance, leading to a steady increase in price levels, with the average domestic price of potassium chloride reaching 3237 RMB/ton as of November 10, reflecting a year-to-date increase of 28.66% and a year-on-year increase of 34.37% [1] - The industry gross profit for potassium chloride was reported at 1164 RMB/ton as of November 7, with an increase of approximately 400 RMB per ton compared to the same period last year [1] - Global potassium fertilizer demand is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2027, driven by population growth and increasing focus on food security [1][2] - Limited new production capacity is anticipated until the end of 2026, with existing major producers facing increased mining costs, suggesting sustained high demand in the mid-term [1] Company Insights - **Migo Group (09879)**: Ranked fourth among Chinese potassium fertilizer companies, Migo Group has comprehensive capabilities in procurement, manufacturing, processing, and sales, providing a wide range of fertilizers [3] - **Sinochem Fertilizer (00297)**: Reported a 6% year-on-year increase in net profit for the first three quarters of 2025, with revenue of approximately 19.373 billion RMB and net profit of about 1.364 billion RMB [3] - **China Heart-to-Heart Fertilizer (01866)**: Achieved revenue of 17.96 billion RMB in the first three quarters of 2025, a 3.1% increase year-on-year, but experienced a 12.8% decline in adjusted net profit due to lower urea prices and production constraints from maintenance [4] - **China National Offshore Oil Corporation Chemical (03983)**: A leading company in the domestic fertilizer and methanol industry, with a total designed capacity of 1.84 million tons of urea and significant investments in phosphate resources [5]

Industry Overview - The global potassium fertilizer market is experiencing a tightening supply-demand balance, leading to a steady increase in price levels, with the average domestic price of potassium chloride reaching 3,237 RMB/ton as of November 10, reflecting a 28.66% increase year-to-date and a 34.37% increase year-on-year [1] - The gross profit margin for the potassium chloride industry was reported at 1,164 RMB/ton as of November 7, with an increase of approximately 400 RMB per ton compared to the same period last year [1] - Global potassium fertilizer demand is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2027, driven by population growth and increasing focus on food security [1][2] - Limited new production capacity is anticipated until the end of 2026, with existing major producers facing increased mining costs, suggesting sustained high demand for potassium fertilizers in the medium term [1] Company Insights - **Migo Group (09879)**: Ranked fourth among Chinese potassium fertilizer companies by sales volume in 2023, Migo Group is a comprehensive supplier capable of providing a full production line of fertilizers, including potassium chloride and compound fertilizers [3] - **Sinochem Fertilizer (00297)**: Reported a 6% year-on-year increase in net profit for the first three quarters of 2025, with revenue of approximately 19.373 billion RMB and net profit of about 1.364 billion RMB. The company has renewed a cooperation memorandum with Jordan's Arab Potash Company for potassium fertilizer sales in China [3] - **China Heart-to-Heart Fertilizer (01866)**: Achieved revenue of 17.96 billion RMB in the first three quarters of 2025, a 3.1% increase year-on-year, but experienced a 12.8% decline in adjusted net profit due to lower urea prices and production constraints from maintenance activities [4] - **China National Offshore Oil Corporation Chemical (03983)**: A leading company in the fertilizer and methanol industry, with a total designed capacity of 1.84 million tons of urea and significant production bases across several provinces [5]

Core Insights - The headquarters of major Chinese energy companies, including China Huaneng and China Sinochem, are relocating to Xiong'an New Area, indicating a significant shift in the energy sector's operational landscape [1] - The construction of headquarters for China Datang and China Huadian is accelerating, showcasing the rapid development of energy enterprises in the region [1] - More than ten energy-related central enterprises, such as China National Nuclear Corporation and China National Petroleum Corporation, are establishing subsidiaries or innovative business units in Xiong'an, highlighting the area's growing importance [1] Group 1 - Xiong'an New Area is facilitating the relocation of energy central enterprises, demonstrating a "speeding up" in the process of economic restructuring [1] - The concentration of headquarters in Xiong'an is leading to a noticeable agglomeration effect in the headquarters economy, which is beneficial for the overall energy sector [1] - A collaborative development pattern is emerging, characterized by "central enterprise headquarters + research and development bases + supporting enterprises" in the green energy industry [1]