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，並表明概不就本公告全部或任何部分內容所導致或 因倚賴該等內容而引致的任何損失承擔任何責任。 協 鑫 新 能 源 控 股 有 限 公 司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號：451） 建議更改公司名稱 董事會建議將本公司之英文名稱由「GCL New Energy Holdings Limited」更改為「Dynasty Digital Holdings Limited」，並採納「時代數字控股有限公司」為其中文第二名稱，以代替 現時中文第二名稱「協鑫新能源控股有限公司」。 建議更改公司名稱須待(i)股東於股東週年大會上通過特別決議案批准建議更改公司名稱； 及(ii)百慕達公司註冊處處長批准建議更改公司名稱後，方可作實。 一般事項 GCL New Energy Holdings Limited 待達成上文所載條件後，建議更改公司名稱將自取代現有英文名稱的本公司英文名稱連 同本公司新中文第二名稱記入百慕達公司註冊處處長所存置之公司登記冊之日起生效。 百慕達公司註冊處處長將發 ...

Financial Performance - For the fiscal year ending December 31, 2025, the company's revenue was RMB 1,063 million, a decrease of 4.1% from RMB 1,108 million in 2024[2] - The company reported a loss attributable to owners of the company of RMB 1,340 million, compared to a loss of RMB 424 million in the previous year, indicating a significant increase in losses[3] - Basic and diluted loss per share for 2025 was RMB 88.10, compared to RMB 32.16 in 2024, reflecting a worsening financial position[4] - Gross profit for the year was RMB 146,072 million, up 14.6% from RMB 127,435 million in 2024, indicating improved cost management despite lower revenue[3] - Other income decreased to RMB 92,575 million from RMB 117,647 million, a decline of 21.4% year-over-year[3] - The company incurred expected credit loss impairment of RMB 297,230 million, which is a 100.5% increase from RMB 148,426 million in the previous year[3] - The company reported a significant impairment loss of RMB 295,242 thousand related to expected credit losses, impacting overall financial performance[22] - The company reported a net loss attributable to shareholders of RMB 1,340,036,000 for 2025, compared to a loss of RMB 424,040,000 in 2024[34] - The company reported a significant increase in employee costs, totaling RMB 248,220,000 in 2025, up from RMB 218,746,000 in 2024[32] - The company recorded a credit loss provision of RMB 1,149,715,000 in 2025, compared to RMB 886,096,000 in 2024[35] Revenue Breakdown - Total revenue for the year ended December 31, 2025, was RMB 1,062,567,000, a decrease of 4.4% from RMB 1,107,755,000 in 2024[11] - Revenue from electricity sales and price subsidies was RMB 52,437,000, down from RMB 90,057,000 in 2024, reflecting a significant decline[11] - Revenue from LNG business was RMB 672,770,000, compared to RMB 729,971,000 in 2024, indicating a decrease of approximately 7.8%[11] - Solar-related service revenue increased to RMB 66,724,000 from RMB 15,150,000 in 2024, marking a substantial growth[11] - Total revenue from the sale of photovoltaic power station projects was RMB 8,211,000 in 2024, with no revenue reported in 2025[28] - The company generated sales revenue of RMB 672.8 million from LNG and related products, a decrease from RMB 730 million in the previous year, with total trade volume for LNG business reaching approximately 743,000 tons[64] Segment Performance - The company operates in three reportable segments: solar power station management services, LNG business, and electricity sales[18] - The company reported a total segment profit of RMB 11,058,000, with the solar management services segment contributing RMB 42,470,000[19] - Total revenue for the photovoltaic power station segment was RMB 287,727 thousand, while LNG business generated RMB 729,971 thousand, and electricity sales contributed RMB 90,057 thousand, leading to a total revenue of RMB 1,107,755 thousand[20] - The operating loss for the LNG business was RMB 35,864 thousand, and the electricity sales segment incurred a loss of RMB 18,908 thousand, resulting in an overall operating loss of RMB 12,623 thousand[20] Assets and Liabilities - Total assets decreased to RMB 5,033,395 million from RMB 3,815,256 million, showing a significant increase in asset base[5] - Current liabilities increased to RMB 1,147,289 million from RMB 708,625 million, indicating a rise in short-term financial obligations[6] - The company's net assets decreased to RMB 4,135,189 million from RMB 4,828,764 million, reflecting a decline in overall equity[6] - The group's total liabilities increased to RMB 2,585 million as of December 31, 2025, compared to RMB 1,265 million in 2024, resulting in a debt-to-asset ratio of 38.5%[87] - The group's cash and bank balances were approximately RMB 278.8 million as of December 31, 2025, slightly down from RMB 284.9 million in 2024[86] Corporate Strategy and Development - The company is transitioning to a global digital energy service provider, focusing on "energy intelligence + computing power-driven" core strategy[45] - The company aims to enhance its operational efficiency and service value through AI and data integration, moving from a single power station operator to a comprehensive energy ecosystem builder[45] - The company is advancing its LNG business strategy, focusing on "station-trade integration" to leverage both international and domestic resources, with significant progress on the construction of the Rudong LNG receiving station, a key energy infrastructure project in Jiangsu Province[47] - The company plans to explore downstream applications in the LNG vehicle fuel market through strategic partnerships, establishing a complete LNG supply chain from procurement to end-user delivery[48] - The company is transitioning from a traditional power operator to a digital energy asset management service provider, leveraging Web3.0 technology to redefine energy asset management and enhance operational efficiency[49] Governance and Compliance - The company is committed to high standards of business ethics and transparency, implementing anti-corruption measures and enhancing communication with investors and stakeholders[52] - The company emphasizes ESG principles, integrating them into strategic decision-making and risk management to ensure sustainable development and compliance[51] - The company is committed to enhancing its corporate governance practices to ensure sustainable growth and protect shareholder interests[111] - The company has adhered to the corporate governance code as outlined in the listing rules during the reporting period[112] - The independent auditor has not raised any objections regarding the accounting treatments adopted by the company[116] Market and Competition - The company is closely monitoring changes in local and national energy policies to reduce risks related to renewable energy pricing and government subsidies, which are critical for profit growth[100] - The company faces increased competition in the LNG trading market due to upstream suppliers expanding their downstream operations, necessitating optimized resource allocation and sales strategies[102] - The company is implementing cost control measures to manage risks associated with unpredictable LNG and related product prices, which can significantly impact cash flow and profitability[101]

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 部或任何部分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。 GCL New Energy Holdings Limited 於本公告日期，董事會包括本公司執行董事朱共山先生（主席）、朱鈺峰先生 及黃威先生；本公司非執行董事孫瑋女士、楊文忠先生及方建才先生；以及本 公司獨立非執行董事聶文華先生、胡國文先生及趙麗梅女士。 （股份代號：451） 董事會會議召開日期 協鑫新能源控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本 公司將於二零二六年三月三十日（星期一）舉行董事會會議，藉以（其中包括） 考慮及批准本公司及其附屬公司截至二零二五年十二月三十一日止年度的全年 業績公告及其發佈，以及考慮宣派、建議或支付期末股息（如有）。 承董事會命 GCL New Energy Holdings Limited 協鑫新能源控股有限公司 主席 朱共山 香港，二零二六年三月十八日 協鑫新能源控股有限公司 （於百慕達註冊成立之有限公司） ...

GCL New Energy Holdings Limited 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分內容 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。 本公司仍在落實本集團於二零二五財年的經審核綜合全年業績。因此，本公告所載資料 僅根據董事會現時所得之資料及基於對本集團二零二五財年的最新綜合管理賬目之初步 評估而作出，未經本公司獨立核數師審核或審閱，亦未經本公司審核委員會審閱，因此 該等資料可能會進一步調整。 本集團預期二零二五財年的經審核綜合全年業績將於二零二六年三月底前刊發。 盈利預警 本公告乃由協鑫新能源控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）根據香 港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及證券及期貨條例（香 港法例第571章）第XIVA部項下的內幕消息條文（定義見上市規則）作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，基於對 本集團截至二零二五年十二月三十一日止財政年度（「二零二五財年」 ...

GCL New Energy Holdings Limited 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分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。 協鑫新能源控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：451） 補充公告 茲提述本公司於二零二六年一月八日刊發有關本公司與認購人訂立認購及投資協議之 公告（「該公告」）。除另有指明外，本公告所用詞彙與該公告所界定者具有相同涵義。 董事會謹此提供有關認購及投資協議的以下補充資料。 補充認購及投資協議 於二零二六年三月十二日（交易時段後），本公司與認購人訂立一份認購及投資協議之 補充協議（「補充認購及投資協議」），連同認購及投資協議，統稱為「協議」。 認購事項 根據補充認購及投資協議的條款，本公司已同意配發及發行，而認購人已同意認購最 多183,480,000股新股份（「新認購股份」）。將獲配發及發行並列作繳足的新認購股份， 假設於本公告日期至完成期間本公司的已發行股本並無變動、各批完成將會進行且 新認購股份將獲悉數配發及發行，將 ...

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 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) | 00451 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | 0.083333333334 | HKD | | 250,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 3,000,000,000 | HKD | 0.083333333334 | HKD | | 250,000,000 | 本月底法定/註冊股本總額： HKD 250,000,000 FF301 第 1 頁 共 10 頁 v 1.2.0 截至月份: 2026年2月28日 狀態: 新 ...

Core Viewpoint - The Hong Kong solar photovoltaic sector experienced a significant rally on February 9, with notable gains in several companies within the sector [1] Company Performance - GCL-Poly Energy saw its stock price increase by over 14% during intraday trading [1] - GCL-Technology also experienced a rise of nearly 10% in its stock price [1] - Other companies such as Flat Glass Group, New Energy, and KaiSheng New Energy followed suit with upward movements in their stock prices [1]

Group 1 - The photovoltaic sector experienced significant gains, with multiple stocks hitting their daily limit up, including GCL-Poly Energy, which achieved a four-day consecutive rise [1] - Notable stocks with substantial increases include Suwen Electric, Juhe Materials, and others, all reaching a 20% limit up [1] - Several companies such as Jietu, Liancheng CNC, and Jinko Energy saw their stock prices rise by over 11% [1] Group 2 - Specific stock performance data shows that Tongxiang Technology surged by 29.98%, reaching a price of 25.23, with a net inflow of 7.89 million [2] - Suwen Electric and Juhe Materials both increased by 20%, with current prices of 26.16 and 89.23 respectively [2] - Other notable performers include Jietu with an 18.86% rise, and Liancheng CNC with a 15.02% increase [2] Group 3 - The Hong Kong stock market also reflected strong performance in the photovoltaic sector, with Jun Da shares rising over 15% and GCL-Poly Energy increasing by over 14% [3] - Other companies in the Hong Kong market, such as Kaisheng New Energy, also saw gains exceeding 7% [3]

Group 1 - The Hong Kong stock market's photovoltaic solar energy sector has seen a significant rise, with GCL-Poly Energy increasing by over 10% [1] - GCL-Technology has also experienced a rise of over 8% [1] - Other companies such as Flat Glass Group, New Energy, and Xinyi Glass have followed suit with upward movements in their stock prices [1]

Group 1 - The Hong Kong solar energy stocks collectively declined, with notable drops including Fuyao Glass down nearly 5%, Shunfeng Photovoltaic down 3.4%, and GCL-Poly Energy down 3% [1][2] - The Ministry of Industry and Information Technology emphasized that addressing industry internal competition will be a top priority this year, indicating that the industry is undergoing a deep adjustment period with significant operational pressures on companies [1] - The China Photovoltaic Industry Association stated that the "space photovoltaic" technology is still in the early stages of exploration and validation, making it premature to determine a clear technical direction [1] Group 2 - Specific stock performance includes Fuyao Glass at 64.400 with a decline of 4.80%, Shunfeng Photovoltaic at 1.690 down 3.43%, and GCL-Poly Energy at 1.280 down 3.03% [2] - Other companies such as Sunshine Energy, Xinyi Glass, and Xinyi Energy also experienced declines, with percentage drops ranging from 1.52% to 2.08% [2] - The overall market sentiment reflects a cautious outlook as companies are reinforcing risk warnings amid ongoing challenges in the photovoltaic sector [1]