Core Viewpoint - Beijing Holdings (00392.HK) reported a revenue increase of 5.2% year-on-year for the six months ending June 30, 2025, reaching approximately RMB 44.53 billion, with a net profit attributable to shareholders rising by 8.1% to about RMB 3.40 billion [1] Financial Performance - The company's operating revenue for the gas business was approximately RMB 32.56 billion, reflecting a year-on-year increase of 6.2% [1] - The net profit before tax for the gas business remained relatively stable at around RMB 3.04 billion, with a slight decrease of 7.1% due to reduced sales volume [1] - Basic and diluted earnings per share were RMB 2.71, with an interim dividend proposed at HKD 0.85 per share, available in either HKD or RMB [1] Business Segments - The natural gas distribution and related businesses, including the sale of gas-related equipment and construction services, contributed approximately RMB 24.79 billion in revenue, a decrease of 3.1% year-on-year, primarily due to higher temperatures during the heating season leading to reduced sales volume [1] - LNG trading generated approximately RMB 7.77 billion in revenue, marking a significant year-on-year increase of 52.7%, attributed to the full operation of the Tianjin Nankou project and increased international trade volume [1]

Financial Performance - The company's revenue for the first half of 2025 was approximately RMB 44.529 billion, representing a year-on-year increase of 5.2%[13] - The profit attributable to shareholders was approximately RMB 3.404 billion, an increase of 8.1% compared to the previous year[13] - The basic and diluted earnings per share were RMB 2.71[7] - For the six months ended June 30, 2025, the company reported operating revenue of RMB 44,528.87 million, an increase of 5.19% from RMB 42,324.60 million in the same period of 2024[15] - The gross profit for the same period was RMB 6,924.38 million, up from RMB 6,640.67 million, reflecting a gross margin of 15.55%[15] - The net profit attributable to shareholders for the six months was RMB 3,403.59 million, representing an increase of 8.06% compared to RMB 3,149.44 million in 2024[15] - The overall gross margin for the first half of 2025 was 15.55%, slightly down from 15.69% in the same period last year[56] - The group's attributable profit for the first half of 2025 was RMB 3.404 billion, an increase of 8.1% year-on-year[57] Business Segments - The company’s gas business generated revenue of RMB 3,256.4 million, a 6.20% increase from RMB 3,066.3 million in the previous year[14] - The beer business saw revenue growth of 3.72%, reaching RMB 739.4 million, with a significant increase in net profit margin to 43.64%[14] - The environmental business reported revenue of RMB 453.0 million, a slight increase of 0.82%, but experienced a decrease in net profit margin to 25.25%[14] - The gas business generated revenue of approximately RMB 32.564 billion, a year-on-year increase of 6.2%, while pre-tax profit remained stable at RMB 3.038 billion[54] - LNG trading revenue surged by 52.7% year-on-year to RMB 7.770 billion, driven by the full production of the Tianjin Nangang project[54] - The beer business reported revenue of RMB 7.394 billion, a 3.7% increase year-on-year, with pre-tax profit rising by 42.7% to RMB 1.541 billion due to improved cost management[55] Cash Flow and Financial Management - The operating cash flow and free cash flow significantly improved due to enhanced asset disposal and cost reduction efforts[7] - The company’s cash and cash equivalents stood at RMB 30,086.10 million, down from RMB 30,960.21 million at the end of 2024[18] - The company’s cash flow forecast indicates sufficient funds for ongoing operations despite a net current liability of RMB 11,041,058,000 as of June 30, 2025[21] - The group’s cash and bank deposits amounted to RMB 30.086 billion, a decrease of RMB 0.874 billion compared to the end of 2024, while maintaining ample cash resources[61] - The group’s financial expenses decreased by 10.6% year-on-year to RMB 1.083 billion, reflecting effective control over financing costs[57] - The company saved over RMB 100 million in interest expenses compared to the previous year by replacing high-cost debt with low-cost financing opportunities[85] Assets and Liabilities - Total assets as of June 30, 2025, amounted to RMB 216,487.27 million, an increase from RMB 209,752.12 million at the end of 2024[18] - The total liabilities amounted to RMB 114,852,993,000, compared to RMB 112,136,934,000 at the end of 2024, indicating a rise of about 2.4%[19] - As of June 30, 2025, the group's net current liabilities were RMB 11.041 billion, a decrease of RMB 1.048 billion compared to the end of 2024[67] - The asset-liability ratio was 44% as of June 30, 2025, compared to 45% at the end of 2024[68] Strategic Focus and Future Plans - The company plans to focus on enhancing operational quality and efficiency, optimizing capital operations, and promoting technological innovation and industrial upgrades in the second half of the year[69] - The group aims to strengthen its core business advantages in urban energy, water, environment, and consumption, while pursuing strategic opportunities for mergers and acquisitions[71] - Beijing Gas will further consolidate its advantages in the urban gas business and actively expand incremental markets[72] - The environmental business will focus on enhancing existing asset quality and efficiency, optimizing low-efficiency assets, and improving technological innovation capabilities[76] - Yanjing Beer aims to enhance cost control and optimize production efficiency while promoting product innovation and business expansion to improve market competitiveness[77] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 0.85 per share, payable in either HKD or RMB[7] - The company declared an interim cash dividend of HKD 0.85 per share for the fiscal year 2025, to be paid on October 31, 2025[78] Compliance and Governance - The company has complied with the Corporate Governance Code as per the Listing Rules Appendix C1 for the six months ending June 30, 2025[88] - The company has adopted the Securities Trading Standards Code as per the Listing Rules Appendix C3, ensuring all directors adhered to the trading standards during the reporting period[90] - The interim results announcement has been published on the company's website and the Hong Kong Stock Exchange website, with the interim report to be sent to shareholders at an appropriate time[91]

Core Viewpoint - The 2025 CBA Summer League in Qingdao has commenced, featuring eight teams and serving as a significant platform for CBA teams to maintain competitive form during the off-season [1][3]. Group 1: Event Overview - The opening match saw Qingdao Guoxin Pharmaceutical defeat Xinjiang Yili Te, with a score of 80:63 [1][3]. - The tournament includes teams such as Beijing Enterprises, Jiangsu Kentia, Shanxi Fenjiu, Shandong High-Speed, Tianjin Pioneer, and Fujian Jinjiang Cultural Tourism [1][3]. - The event adopts a "dual-city linkage" model, with Group A matches held at Qingdao Guoxin Sports Center and Group B matches at Pingdu Olympic Sports Center [3]. Group 2: Impact and Significance - The league serves as an important platform for CBA teams to practice and assess players during the off-season [3]. - Qingdao's basketball season has been officially launched, supported by the Chinese Basketball Association and authorized by CBA, with over 40 basketball-related events held [3]. - The 2025 Qingdao Basketball Season aims to host 20 events, including various fitness and youth basketball activities, significantly enhancing the scale and impact compared to previous years [3].

Core Viewpoint - Beijing Holdings (00392.HK) will hold a board meeting on August 28, 2025, to approve the publication of its interim results for the six months ending June 30, 2025, and to consider the distribution of an interim dividend, if any [1] Group 1 - The board meeting is scheduled to take place at Central Plaza, 66th Floor, 18 Harbour Road, Wanchai, Hong Kong [1] - The interim results announcement will cover the financial performance of the company and its subsidiaries for the first half of the fiscal year [1] - The consideration of an interim dividend indicates the company's potential return to shareholders based on its financial performance [1]

於本公告日期，本公司董事會成員包括執行董事楊治昌先生（主席）、熊斌先生 （行政總裁）、許彤先生、耿超先生及董渙樟先生；獨立非執行董事武捷思先生、 林海涵先生、楊孫西博士及陳曼琪女士。 董事會召開日期 北京控股有限公司（「本公司」）宣佈，將於 2025 年 8 月 28 日（星期 四）在香港灣仔港灣道 18 號中環廣場 66 樓舉行董事會會議，藉以（其 中包括）批准刊發本公司及其附屬公司截至 2025 年 6 月 30 日止六個月的 中期業績公告，以及考慮派發中期股息（如有）。 承董事會命 北京控股有限公司 主席 楊治昌 香港，2025 年 8 月 14 日 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。 （於香港註冊成立之有限公司） （股份代號：392） ...

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。 （於香港註冊成立之有限公司） （股份代號：392） 海外監管公告 本海外監管公告乃由北京控股有限公司（「本公司」）根據香港聯合交易所有限公司 （「聯交所」）證券上市規則第 13.10B 條刊登。 本公司的附屬公司北京燕京啤酒股份有限公司（「燕京啤酒」）已於 2025 年 8 月 11 日於 深圳證券交易所網站（http://www.szse.cn）公佈其按照中國的「企業會計準則」編製截止 2025 年 6 月 30 日止六個月的未經審核業績，主要財務指標如下： | | 利潤表 | | | | --- | --- | --- | --- | | | 截至 6 月 30 | 日止六個月 | | | | 2025 年 | 2024 年 | | | | 未經審核 | 未經審核 | | | | （人民幣千元） | （人民幣千元） | 變幅 | | 營業收入 | 8,558,243 | 8,045,803 | +6 ...

Core Viewpoint - Insurance companies are actively increasing their stakes in high-dividend stocks, with New China Life Insurance's recent acquisition of Beijing Enterprises Holdings being a notable example of this trend [1][5][6]. Group 1: New China Life Insurance's Actions - On March 26, New China Life Insurance increased its holdings in Beijing Enterprises Holdings by 150,000 shares, raising its stake from approximately 4.99% to 5% of the total shares [2][4]. - This marks the second time in 2023 that New China Life Insurance has made a significant acquisition, having previously acquired over 329 million shares of Hangzhou Bank, representing 5.87% of its total shares [4]. Group 2: Industry Trends - A total of six insurance companies have increased their stakes in 13 listed companies this year, surpassing the total number of acquisitions made in 2021, 2022, and 2023 combined [6]. - High-dividend assets, particularly in the banking and public utility sectors, are favored by insurance companies due to their stable cash flow and attractive returns [5][8]. Group 3: Financial Metrics - As of March 26, New China Life Insurance's equity assets amounted to 317.47 billion yuan, representing 21.13% of its total assets [4]. - The book value of New China Life Insurance's holdings in Beijing Enterprises is approximately 1.6 billion yuan, accounting for 0.11% of its total assets as of the end of 2024 [4]. - Beijing Enterprises Holdings has a total market capitalization of 38.81 billion yuan, with a dividend yield of 5.25% based on its recent stock price of 30.85 yuan per share [8].

Group 1 - The article provides a list of companies involved in various financial activities such as earnings announcements, shareholder meetings, and new stock activities [2][3] - Several companies are mentioned for their dividend distribution dates, indicating their financial performance and shareholder returns [2][3] - The document highlights companies undergoing stock repurchases and capital increases, which may signal their financial strategies and market positioning [3] Group 2 - The article includes a list of companies that are currently in the process of IPOs, reflecting market interest and potential investment opportunities [2] - Companies like Silver Noble Pharmaceuticals and others are noted for their ongoing stock activities, which may attract investor attention [2] - The document also mentions companies that are resuming trading, indicating a potential recovery or change in market conditions [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。 - 北京控股有限公司 2024 年面向專業投資者公開發行科技創新公司債券（第三期） （品種一）2025 年付息公告。詳細內容，請參閱本公司於上交所網站刊發的公告， 網址如下： https://static.sse.com.cn/disclosure/bond/announcement/company/c/new/2025-08-06/241 437_20250806_8GBM.pdf - 北京控股有限公司 2024 年面向專業投資者公開發行科技創新公司債券（第三期） （品種二）2025 年付息公告。詳細內容，請參閱本公司於上交所網站刊發的公告， 網址如下： https://static.sse.com.cn/disclosure/bond/announcement/company/c/new/2025-08-06/241 438_20250806_YRM1.pdf （於香港註冊成立之有限公司） （股份代 ...

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7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: | 北京控股有限公司 | | | | 呈交日期: | 2025年8月1日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00392 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 1,258,003,268 | | 0 | | 1,258,003,268 | | 增加 / 減少 ...