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) 暫停辦理股份過戶登記手續以釐定 出席股東特別大會並於會上投票的權利 茲提述中化化肥控股有限公司（「本公司」）日期為二零二五年十月二十七日之公告，内 容有關金融服務框架協議下之主要及持續關連交易（「該公告」）。除文義另有所指外， 本公告所用詞彙與該公告所界定者具有相同涵義。 暫停辦理股份過戶登記手續以確定出席股東特別大會並於會上投票權利 本公司將於二零二五年十二月十九日舉行股東特別大會。 本公司將於二零二五年十二月十六日至二零二五年十二月十九日（包括首尾兩日）暫停辦 理股份過戶登記手續，於該期間內不會進行任何本公司股份過戶登記。為符合資格於本公 司之股東特別大會上投票，所有股份過戶文件連同有關股票必須於二零二五年十二月十五 日下午四時三十分前遞交予本公司於香港之股份過戶登記分 ...

Core Viewpoint - Fertilizer stocks have shown strong performance, with notable increases in share prices for companies such as China Heart and Heart Fertilizer, Sinochem Fertilizer, and CNOOC Chemical, following the agreement on potash fertilizer import prices for 2026 [1] Group 1: Market Performance - China Heart and Heart Fertilizer (01866) rose by 4.55% to HKD 8.74 [1] - Sinochem Fertilizer (00297) increased by 4.58% to HKD 1.6 [1] - CNOOC Chemical (03983) saw a rise of 4.53% to HKD 2.54 [1] Group 2: Potash Fertilizer Pricing - The Chinese negotiation team reached an agreement with major international potash suppliers, setting the 2026 import contract price at USD 348 per ton (CFR), which is an increase of USD 2 per ton compared to 2025 [1] - This pricing strategy continues to maintain a "price lowland" for global potash fertilizers, ensuring stable domestic supply and pricing [1] Group 3: Urea Market Dynamics - In November, urea daily production is expected to remain high due to policy support and profit recovery, which exerts significant pressure on prices [1] - Export policy adjustments have been timely and continuous, alleviating pressure on the fundamentals and reducing the intensity of price declines [1] - Short-term spot prices are supported, leading to improved industry sentiment, with domestic urea market conditions remaining stable to slightly strong [1] - Rising coal prices are also contributing to support for urea prices by increasing cash flow cost lines [1]

Core Viewpoint - Fertilizer stocks have shown strong performance, with notable increases in share prices following the agreement on potash import prices for 2026, which is expected to stabilize domestic supply and prices [1] Group 1: Company Performance - China Heart and Heart Fertilizer (01866) increased by 4.55%, reaching HKD 8.74 [1] - Sinochem Fertilizer (00297) rose by 4.58%, reaching HKD 1.6 [1] - CNOOC Chemical (03983) saw a rise of 4.53%, reaching HKD 2.54 [1] Group 2: Market Dynamics - On November 23, a consensus was reached between the Chinese potash import negotiation team and major international suppliers, setting the 2026 potash import contract price at USD 348 per ton (CFR), a year-on-year increase of USD 2 per ton compared to 2025 [1] - The agreement helps maintain China's position as a "price lowland" for global potash, ensuring stable domestic supply and price [1] Group 3: Industry Insights - According to Nanhua Futures, the daily production of urea is expected to remain high due to policy support and profit recovery, which exerts significant pressure on prices [1] - However, timely adjustments in export policies have alleviated some downward pressure on prices, leading to a more stable short-term market for domestic urea [1] - Rising coal prices are also contributing to support for urea prices by increasing cash flow cost lines for coal-based production [1]

Core Viewpoint - Fertilizer stocks showed strong performance today, with notable increases in share prices for several companies following the agreement on potash import prices for 2026, which supports domestic supply and price stability [1] Group 1: Company Performance - China Heartland Fertilizer (01866) rose by 4.55%, reaching HKD 8.74 [1] - Sinochem Fertilizer (00297) increased by 4.58%, reaching HKD 1.6 [1] - CNOOC Chemical (03983) gained 4.53%, reaching HKD 2.54 [1] Group 2: Market Developments - On November 23, the Chinese potash import negotiation team reached an agreement with major international potash suppliers, setting the 2026 contract price at USD 348 per ton (CFR), a USD 2 increase from 2025 [1] - This price adjustment continues to maintain a "price lowland" for global potash, ensuring domestic supply and price stability [1] Group 3: Industry Insights - Nanhua Futures (603093) indicated that in November, supported by policies for supply assurance and profit recovery, daily urea production is expected to remain high, exerting significant pressure on prices [1] - However, timely and continuous adjustments to export policies have alleviated downward pressure on prices, leading to a more stable short-term domestic urea market [1] - Rising coal prices are also contributing to support for urea prices, as the cash flow cost line for coal-based production increases [1]

Core Viewpoint - China National Chemical Corporation (Sinochem) has successfully established a cross-border fund concentration operation center in Hainan Free Trade Port, marking the first financial center project by a central enterprise in the region [1][2] Group 1: Establishment and Recognition - Sinochem (Hainan) Financial Management Co., Ltd. was fully established by China National Chemical Corporation with a registered capital of 2 billion yuan [1] - The operation center was officially launched on April 18 in Sanya Yazhou Bay Science and Technology City [1] - The center received recognition from the Hainan Provincial Local Financial Supervision Administration, facilitating its operations [1] Group 2: Financial Services and Benefits - The operation center will enable enterprises to enjoy multiple policy benefits from Hainan Free Trade Port, including efficient collection and free transfer of domestic and foreign funds through multi-functional free trade accounts (EF accounts) [1] - The center will significantly reduce foreign exchange costs and time differences, enhancing operational efficiency [1] - It will also benefit from preferential tax policies in cross-border investment and profit repatriation, with simplified foreign exchange registration processes [1] Group 3: Global Strategy Support - The operation center will focus on cross-border cash pool management, overseas lending, and foreign debt quota coordination, providing robust financial support for global strategic layout [2] - These policy advantages will help enterprises optimize global fund allocation and enhance international competitiveness [2] - The center aims to empower companies to seize development opportunities in a complex and changing international economic environment [2]

Group 1 - Zhonghua Fertilizer (00297) announced that Ms. Zhang Jiamin has resigned as the company secretary, effective from November 24, 2025 [1] - Following Ms. Zhang's resignation, she will no longer serve as a member of the Board's Corporate Governance Committee [1] - Ms. Li Yingtong has been appointed as the new company secretary, effective from November 24, 2025 [1]

Core Points - Zhonghua Fertilizer (00297) announced that Ms. Zhang Jiamin has resigned as the company secretary, effective from November 24, 2025 [1] - Following Ms. Zhang's resignation, she will no longer serve as a member of the Board's Corporate Governance Committee [1] - Ms. Li Yingtong has been appointed as the new company secretary, effective from November 24, 2025 [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]