公司名稱: 山高控股集團有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 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 致：香港交易及結算所有限公司 | 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) | 00412 | 說明 | 普通股 | | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000,000 | HKD | | 0.001 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000,000 | HKD | | 0.001 | HKD | | 500,000,000 ...

Core Viewpoint - Shandong Hi-Speed Holdings experienced a significant stock increase of over 11%, reaching a peak of 1.55 HKD following the announcement of its acquisition of two renewable energy companies in Singapore [1] Group 1: Acquisition Details - On December 31, Shandong Hi-Speed Holdings' subsidiary, Shandong Hi-Speed (Singapore) Co., successfully completed the full acquisition of YangSolar and SuniceSolar, two renewable energy firms [1] - The acquisition included the successful transfer of core assets from 27 photovoltaic power plants [1] - This merger is seen as a crucial step in optimizing the group's global business layout, marking a milestone achievement in the overseas renewable energy sector [1]

Group 1 - The stock of Mountain High Holdings (0412.HK) experienced a significant increase, rising over 11% and reaching a peak of 1.55 HKD [1]

Core Viewpoint - Shandong High-Speed Holdings (0412.HK) experienced a significant increase of over 11%, reaching a peak of HKD 1.55, following the announcement of its acquisition of two renewable energy companies in Singapore, marking a milestone in its overseas renewable energy strategy [1] Group 1: Acquisition Details - The acquisition involved Shandong High-Speed (Singapore) Co., Ltd. successfully completing the full acquisition of YangSolar and SuniceSolar [1] - The deal included the successful transfer of core assets from 27 photovoltaic power plants [1] Group 2: Strategic Implications - This acquisition is part of the company's strategy to optimize its global business layout [1] - The transaction signifies a significant breakthrough for the group in the overseas renewable energy sector [1]

Group 1: Core Insights - The company is focusing on clean energy projects such as wind and solar power, which are crucial for energy structure transformation under the "dual carbon" strategy [1] - The company has made significant progress in renewable energy project construction, including a recent EPC contract worth 675 million RMB for a 100 MW wind farm in Guangxi [2] - The company is exploring energy integration by leveraging transportation infrastructure to create new applications for renewable energy, enhancing project returns without additional land costs [3] Group 2: Project Developments - The company’s subsidiary successfully connected the Heze Peony 93.75 MW wind project to the grid, with an expected annual generation of 235 million kWh [2] - The company is developing both centralized and decentralized wind power projects, which will expand its green energy capacity [2] - A 20-year lease agreement has been signed to build a solar power station along a highway, aiming to enhance revenue stability and predictability [3] Group 3: Market Performance - The overall market sentiment towards Hong Kong stocks and the renewable energy sector remains cautious, affecting the company's stock price [4] - Current valuation levels may not fully reflect the long-term potential of the company's clean energy and energy integration businesses [4] - As projects like the EPC in Zhaoping progress, market recognition of the company's fundamentals is expected to improve [4]

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12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: 山高控股集團有限公司 呈交日期: 2026年1月5日 第 2 頁 共 10 頁 v 1.1.1 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) | 00412 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000,000 | HKD | | 0.001 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 500,000,000,000 | HKD | | 0.001 ...

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。 （於開曼群島註冊成立之有限公司） （於百慕達註冊成立之有限公司） （股份代號：412） 聯合公告 有關合作協議之關連交易 合作協議 山高新能源董事會及山高控股董事會各自宣佈，於二零二五年十二月二十九日 （交易時段後），山東高速臨滕與山高新能源（山東）（為山高新能源之間接全資附 屬公司及山高控股之間接非全資附屬公司）就租賃指定區域訂立合作協議。 2 上市規則之涵義 於本聯合公告日期，由於(i)山東高速臨滕為山東高速集團之非全資附屬公司；(ii) 山東高速集團本身及透過多個實體直接及間接合共持有山高控股已發行股本約 43.37%及間接持有山高新能源已發行股本約56.97%；及(iii)山高新能源為山高控股 之直接非全資附屬公司，因此，根據上市規則第14A章，山東高速集團為山高新能 源之間接控股股東及關連人士，並為山高控股之控股股東及關連人士。因此，根據 上市規則第14A章，山東高速臨滕為山東高速集團 ...

Group 1 - China Petroleum & Chemical Corporation (Sinopec) launched a special action to enhance the market value of its listed companies during an investor communication event held on December 16 [1] - The action aims to improve investment value and increase shareholder returns through three main aspects: enhancing governance efficiency, improving the return system, and optimizing capital layout [1][2] - The governance efficiency will focus on management enhancement, strategic development planning, capital operation, and talent development in the capital market [1] - The return system will emphasize quality information disclosure, investor relations management, and a stable cash dividend policy, along with share buybacks to enhance shareholder returns [1] - The capital layout optimization will involve mergers and acquisitions, equity financing, and adjustments to the industrial layout to enhance the overall market value of listed companies during the 14th Five-Year Plan period [1] Group 2 - The event included executives from nine listed companies under Sinopec, as well as representatives from state-owned securities regulatory agencies, central enterprises, and financial institutions [2] Group 3 - The U.S. stock market saw the Dow Jones Industrial Average and S&P 500 decline for three consecutive days, while large tech stocks mostly rose [3] - The Dow Jones fell by 302.3 points to close at 48,114.26, a decrease of 0.62%, and the S&P 500 dropped by 16.25 points to 6,800.26, a decline of 0.24% [3] - The Nasdaq Composite Index increased by 54.05 points to 23,111.46, a rise of 0.23%, with Tesla reaching a historic high [3] Group 4 - The European Union is preparing to propose easing emissions regulations for new cars, effectively abolishing the ban on internal combustion engines, allowing manufacturers to slow down the rollout of electric vehicles [4] - This move aligns the EU's policies more closely with the U.S., where former President Trump is rolling back automotive efficiency standards [4] - Ford has announced a $19.5 billion charge related to its electric vehicle business overhaul due to the profitability challenges faced by global automakers [4] Group 5 - The Ministry of Commerce of China announced that starting December 17, 2025, anti-dumping duties will be imposed on imported pork and pork products from the EU for a period of five years [5] - The anti-dumping duties will be calculated based on the customs-determined taxable price of the imported goods [5] Group 6 - China Energy Engineering Corporation announced that the first phase of the world's largest green hydrogen and ammonia integrated project, the Zhongnengjian Songyuan Hydrogen Energy Industrial Park, has officially commenced operations [6][7] Group 7 - Kangfeng Biotechnology received approval from the National Medical Products Administration for its anti-reflux system, enhancing the diversity of its product portfolio [8] Group 8 - Hansoh Pharmaceutical entered into a licensing agreement with Glenmark for the commercialization of Amivantamab, a treatment for non-small cell lung cancer [9] - The agreement includes upfront payments and potential milestone payments exceeding $1 billion, along with tiered royalties on net sales in the licensed regions [9] Group 9 - Shandong High Holding signed an EPC contract for a wind farm project in Guangxi, marking its active integration into the clean energy sector [10] Group 10 - MMG Australia Limited and Minmetals North-Europe signed a sales agreement for Rosebery concentrate, covering 100% of production for 2026 and 2027, with an expected annual output of approximately 6,000 dry metric tons [11] Group 11 - China General Nuclear Power Corporation announced the commencement of full construction for the Ningde Unit 6 nuclear reactor, marking a significant milestone in its development [12] Group 12 - Daqi Pharmaceutical received approval in Malaysia for its drug Selinexor to treat relapsed or refractory diffuse large B-cell lymphoma in adult patients [13] Group 13 - CIMC Enric's first large-scale biomass methanol project in Guangdong officially commenced production, with an expected annual capacity of 50,000 tons [14] - The project aims to achieve full operational capacity before the 2026 Spring Festival, contributing significantly to revenue [14][15] - The company is also exploring a second phase of the project, with plans for an annual output of 200,000 tons by 2027 [15]

Core Viewpoint - The company, Shandong High-Speed Holdings Group (山高控股), has entered into an EPC contract with a consortium of contractors for a project, with a total contract value of approximately RMB 674.63 million, which is subject to adjustments based on national tax policy changes [1] Group 1 - The EPC contract was signed on December 16, 2025, between Zhaoping Shandong High-Speed (a direct non-wholly owned subsidiary of Shandong High-Speed New Energy) and the consortium of contractors [1] - The consortium includes China Communications First Highway Engineering Group, Yihang Bureau Southwest Engineering, and China Electric Power Construction Group Henan [1] - The total contract price is RMB 674,628,269.88, which is inclusive of tax and may be adjusted if there are changes in national tax policies [1]

Group 1 - The core viewpoint of the news is the signing of an EPC contract for a 100 MW wind power project in Guangxi, with a total contract price of RMB 675 million, which may be adjusted based on national tax policy changes [1][2] - The project involves the construction of a wind farm, including engineering surveying and design, switch stations, collection lines, transmission lines, and procurement, transportation, and storage of all equipment and materials [1] - The collaboration between Shankou Holdings and Shankou New Energy reflects their commitment to integrating into national strategic planning and supporting China's clean energy initiatives [2] Group 2 - Shankou Holdings remains optimistic about China's economic development and is actively engaging in the clean energy sector, aligning with the government's goals for carbon peak by 2030 and carbon neutrality by 2060 [2] - The investment and operation of this project will enhance the strategic layout and business footprint of Shankou New Energy and Shankou Holdings in Guangxi, contributing to the diversification of their business portfolio in the renewable energy sector [2] - This initiative is expected to broaden the revenue base of Shankou New Energy and Shankou Holdings, strengthening their long-term competitiveness and improving profitability [2]