Core Viewpoint - The company has received shareholder approval for a share buyback program, reflecting confidence in its business development and long-term strategy, while maintaining financial stability [1] Group 1: Share Buyback Program - The board of the company has been authorized to repurchase up to 10% of its issued shares, with a maximum buyback price of HKD 17 per share and a total amount not exceeding USD 100 million [1] - The funds for the buyback will come from the company's existing cash flow or working capital [1] Group 2: Financial Performance - For the first half of the year, the company reported revenue of CNY 2.503 billion, a year-on-year decline of 11.64%, with emerging industries contributing 96% of the revenue [1] - The net profit for the period was CNY 476 million, a significant increase of 506% year-on-year, and the attributable net profit was CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] Group 3: Project Developments - The company’s integrated project in Ulanqab has made significant progress, with the first phase of the data center now in commercial operation and the second phase advancing steadily [2] - The renewable energy generation part of the project has completed approval and public announcement, aiming to commence construction by the end of the year [2] - The expected economic benefit from the Ulanqab data center, if fully powered by the planned 1GW data center, could reach CNY 1.3 billion annually [2] Group 4: Strategic Investments - In December 2023, the company strategically invested USD 299 million in Century Internet, becoming its largest institutional shareholder, marking a shift towards a dual-driven model of "energy + technology" [2] - The collaboration in computing has shown significant results, according to research from Dongwu Securities [2]

Group 1 - The board of directors of Shankou Holdings (00412) has been authorized by shareholders to repurchase up to 10% of its issued shares, with a maximum repurchase price of HKD 17 per share and a total amount not exceeding USD 100 million [1] - The company believes that the share repurchase reflects confidence in its business development and prospects, aligns with its long-term development strategy, and will not affect its financial stability [1] - As of September 16, the stock price has increased over 120% since April, closing at HKD 12.61, with a total market capitalization of HKD 95.905 billion [1] Group 2 - Shankou Holdings' revenue for the first half of the year reached CNY 2.503 billion, a year-on-year decline of 11.64%, primarily due to a strategic reduction in traditional investment businesses [1] - The company achieved a net profit of CNY 476 million, a significant increase of 506% year-on-year, with a net profit attributable to shareholders of CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] - The Ulanqab integrated project has made key progress, with the first phase of the data center now in commercial operation and the second phase advancing steadily [2] Group 3 - The Ulanqab project is expected to provide green electricity at a cost lower than conventional thermal power by approximately 1-2 cents per kilowatt-hour [2] - If the Ulanqab data center is fully powered by the planned third phase of 1GW, the projected annual economic benefit could reach CNY 1.3 billion [2] - In December 2023, Shankou Holdings strategically invested USD 299 million in Century Internet, becoming its largest institutional shareholder, marking a transition from renewable energy to a dual-driven model of "energy + technology" [2]

Core Viewpoint - The company has observed unusual fluctuations in its share price and trading volume, but confirms no knowledge of any reasons for these changes or any undisclosed information that could affect the market [1][2] Group 1: Share Price and Trading Volume - The board has noted abnormal changes in the trading price and volume of the company's shares [1] - After reasonable inquiries, the board confirmed no known reasons for the unusual fluctuations in share price and trading volume [1] Group 2: Business Operations and Financial Status - The board confirmed that the group's business operations remain normal and that there are no significant changes in the business or financial status [1] Group 3: Share Buyback Authorization - The board received authorization from shareholders at the annual general meeting held on June 6, 2025, to repurchase up to 10% of the total issued shares as of that date [1] - The company plans to repurchase shares at a price not exceeding HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The company will utilize its existing cash flow or working capital for the share buyback, in compliance with applicable laws and regulations [1] Group 4: Confidence in Business Development - The company believes that the share buyback reflects confidence in its business development and prospects [2] - The board considers the current robust financial position sufficient to support the share buyback while maintaining ample financial resources for business development [2] - The implementation of the share buyback plan aligns with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company has observed unusual fluctuations in its share price and trading volume, but the board is unaware of any reasons for these changes and confirms that business operations remain normal [1][2] Group 1: Share Price and Trading Volume - The board has noted abnormal movements in the company's share price and trading volume recently [1] - After inquiries, the board confirmed no knowledge of any reasons for the fluctuations or any information that needs to be disclosed to prevent a false market [1] Group 2: Business Operations - The board confirmed that the group's business operations and financial condition have not undergone any significant changes [1] Group 3: Share Buyback Plan - The board has received authorization from shareholders to repurchase up to 10% of the total issued shares as of the date of the annual general meeting [1] - The company plans to repurchase shares at a price not exceeding HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The repurchase will be funded through existing cash flow or operating funds, in compliance with applicable laws and regulations [1] Group 4: Confidence in Business Development - The company believes that the share buyback reflects confidence in its business development and prospects [2] - The board considers the current robust financial condition sufficient to support the buyback while maintaining ample financial resources for business development [2] - Implementing the share buyback plan aligns with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company has announced an unusual fluctuation in its share price and trading volume, confirming no known reasons for these changes and maintaining that its business operations and financial status remain stable [1][2] Group 1: Share Price and Trading Volume - The company has experienced abnormal changes in share price and trading volume, with the board confirming no knowledge of any reasons for these fluctuations [1] - The board has authorized management to utilize share buyback authorization in the open market as deemed appropriate [1] Group 2: Share Buyback Plan - The company plans to repurchase shares at a maximum price of HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The buyback will be funded through existing cash flow or operating funds, in accordance with applicable regulations [1] - The company believes that the share buyback reflects confidence in its business development and aligns with its long-term strategic goals [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，概不就因本公告之全部或任 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。 （於百慕達註冊成立之有限公司） （股份代號：412） 股份回購計劃的詳情如下： 自願公告 股價及成交量的異常變動； 及 於公開市場進行股份回購 本公告乃由山高控股集團有限公司（「本公司」）自願作出。 股價及成交量的異常變動 本公司董事（「董事」）會（「董事會」）注意到，本公司股份（「股份」）之交易價格及成交 量近期出現異常變動。經就本公司作出在有關情況下屬合理的一切查詢後，董事會 確認，概不知悉(i)導致股份出現該等股價及成交量異常變動之任何原因；或(ii)任何 須予公佈以避免股份出現虛假市場之資料；或(iii)根據上市規則第13.09(2)條及證券 及期貨條例（香港法例第571章）第XIVA部須予披露之任何內幕消息。 董事會亦確認，本集團之業務營運維持正常，且本集團之業務營運及財務狀況並無 重大變動。 1 於公開市場進行股份回購 董事會已於2025年6月6日舉行的股東周年大會（「股東周年大會」）上獲 ...

Core Viewpoint - Shandong High Holdings (00412) experienced a significant drop of nearly 30% today, despite a cumulative increase of over 120% since April. The stock is currently trading at 12.61 HKD with a transaction volume of 312 million HKD [1] Financial Performance - For the first half of the year, the company reported revenue of 2.503 billion HKD, a year-on-year decline of 11.64%, with emerging industries contributing 96% of the revenue [1] - The net profit for the period reached 476 million HKD, a substantial increase of 506% year-on-year; the attributable net profit was 49.6 million HKD, recovering from a loss of 363 million HKD in the same period last year [1] Strategic Developments - The decline in revenue is attributed to the company's strategic decision to reduce traditional investment operations and to actively withdraw from low-margin or high-risk businesses [1] - The Ulanqab integrated source-network-load-storage project has made significant progress in the first half of the year, with the first phase of the data center now in commercial operation and the second phase advancing steadily [1] - The renewable energy generation component of the project has completed approval and public announcement, aiming to commence construction by the end of the year [1] Economic Impact - The Ulanqab project is expected to provide green electricity at a cost approximately 1-2 cents lower per kilowatt-hour compared to conventional thermal power [1] - According to Zhongtai Securities, if the Ulanqab data center is fully powered by the planned third phase of the 1GW data center, the projected annual incremental economic benefit could reach 1.3 billion HKD [1]

Core Viewpoint - Shandong High Holdings (00412) experienced a significant drop of nearly 30% today, despite a cumulative increase of over 120% since April. The stock is currently down 24.22% at HKD 12.61, with a trading volume of HKD 312 million [1] Financial Performance - For the first half of the year, Shandong High Holdings reported revenue of CNY 2.503 billion, a year-on-year decline of 11.64%, with emerging industries contributing 96% of the revenue [1] - The company achieved a net profit of CNY 476 million, a substantial increase of 506% year-on-year, while the attributable net profit was CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] Strategic Developments - The decline in revenue is attributed to the company's strategic decision to reduce traditional investment operations and to actively withdraw from low-margin or high-risk businesses [1] - Notably, the Ulanqab integrated energy storage project under Shandong High Holdings made significant progress in the first half of the year. The first phase of the data center has commenced commercial operations, and the second phase is progressing steadily [1] - The renewable energy generation component of the Ulanqab project has completed approval and public announcement, with plans to start construction by the end of the year. The expected cost of green electricity is projected to be approximately 1-2 cents lower per kilowatt-hour compared to conventional coal power [1] Economic Impact - According to Zhongtai Securities (600918), if the Ulanqab data center is fully powered by the planned 1GW data center in the third phase, the expected annual incremental economic benefit could reach CNY 1.3 billion [1]

Group 1 - The core point of the article is the announcement of an EPC contract between Heze Shango Energy and a joint contractor for a wind power project in Shandong Province, China [1] - The total contract value is approximately RMB 1.011 billion, which includes all taxes and may be adjusted based on changes in national tax policies [1] - The project involves a distributed wind power capacity of 175 megawatts located in Yuncheng County, Heze City, Shandong Province [1]

Core Viewpoint - Shandong High New Energy and Shandong High Holdings announced the signing of an EPC contract for a 175 MW distributed wind power project in Shandong Province, with a total contract value of approximately RMB 1.011 billion, including all taxes [1] Group 1 - The EPC contract was signed between Heze Shandong High Energy, a wholly-owned subsidiary of Shandong High New Energy, and the joint contractors, China Energy Engineering Second Construction Company and Zhengchen Technology [1] - The project is located in Yuncheng County, Heze City, Shandong Province [1] - The total contract price is subject to adjustment based on changes in national tax policies [1]