Core Viewpoint - China Nuclear Technology (00611) has entered into a financing lease agreement for a distributed photovoltaic power generation project in Shaoguan, Guangdong Province, with a total asset purchase price of RMB 80.1626 million [1] Group 1: Financing Lease Agreement - The leasing party is Shaoguan Dingrong New Energy Technology Co., Ltd., a wholly-owned subsidiary of China Nuclear Technology [1] - The lessor is China Merchants Jinling Leasing Co., Ltd. [1] - The lease involves various equipment and components related to a 5.99 MW distributed photovoltaic power generation project [1]

Core Viewpoint - China Nuclear Technology (00611.HK) has entered into a financing lease agreement with China Merchants Finance Leasing Co., Ltd. for a distributed photovoltaic power generation project in Shaoguan, Guangdong Province, with a total asset purchase price of RMB 80.1626 million [1] Group 1 - The leasing agreement involves the purchase of leasing assets related to a 5.99 MW distributed photovoltaic power generation project [1] - The leasing assets include various equipment and components necessary for the operation of the project [1] - The agreement is set to be executed on October 23, 2025, indicating a long-term commitment to the project [1]

承董事會命 中國核能科技集團有限公司 CHINA NUCLEAR ENERGY TECHNOLOGY CORPORATION LIMITED 中國核能科技集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：611） 更改香港主要營業地點 中國核能科技集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，自 2025年10月23日起，本公司的香港主要營業地點將更改為香港德輔道中303號招商局廣 場9樓905室。 本公司之電話號碼、傳真號碼及網站維持不變。 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，概不對因本公告的全部或任何部分內 容而產生或因依賴該等內容而引致的任何損失承擔責任。 主席 李鴻衛 香港，二零二五年十月二十三日 於本公告日期，執行董事為李鴻衛先生（主席）、吳嶸先生（副主席）、邱文鶴先生（副主 席）、劉根鈺先生、李曉峰先生及杜瑞麗女士；以及獨立非執行董事為許世清博士、蘇黎 新博士及王如章先生。 ...

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，概不對因本公告的全部或任何部分內 容而產生或因依賴該等內容而引致的任何損失承擔責任。 CHINA NUCLEAR ENERGY TECHNOLOGY CORPORATION LIMITED 中國核能科技集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：611） 融資租賃協議 融資租賃協議的主要條款載列如下： 有關與招商局融資租賃有限公司 訂立的融資租賃協議之須予披露交易 融資租賃協議 於二零二五年十月二十三日（於交易時段後），承租方（本公司之全資附屬公司）與出租 方訂立融資租賃協議。據此，出租方已同意(i)以售價人民幣80,162,641.40元向承租方 購買租賃資產及(ii)於租賃期限內將租賃資產出租予承租方。 上市規則之涵義 融資租賃協議項下擬進行的交易將根據國際財務報告準則第16號作為本集團進行的融 資安排入賬，而轉讓租賃資產的法定擁有權根據上市規則構成本公司租賃資產出售事 項。 由於融資租賃協議項下交易的一項或多項適用百分比率（定義見上市規則）超過5%但 低於25%，根據上 ...

Core Viewpoint - The recent advancements in China's nuclear fusion sector, particularly the successful installation of the Dewar base for the BEST project, have led to a surge in related nuclear energy stocks, indicating a positive outlook for the industry [2][10]. Group 1: Project Developments - The BEST project in Hefei, Anhui, has entered a new phase with the successful installation of its core component, the Dewar base, marking a significant milestone in its construction [2][6]. - The total assembly of the BEST project is set to commence on May 1, 2025, which is a critical phase involving the precise installation of various fusion reactor components [3]. - The installation process utilized a space-grade attitude control system, achieving millimeter-level precision for a 400-ton component, which sets a new record in the installation of large components [3][4]. Group 2: Industry Growth and Achievements - The global fusion industry has seen explosive growth over the past five years, with total investments nearing $10 billion [3]. - China's three major fusion devices have achieved significant milestones, including the EAST device operating plasma at 100 million degrees Celsius for 1066 seconds, and the "Chinese Circulation No. 3" reaching dual billion-degree temperatures [4]. - The BEST project aims to demonstrate fusion power generation by 2027, with a broader goal of commercializing fusion energy by 2030 [5][10]. Group 3: Investment and Market Response - The nuclear energy sector has seen a collective surge in stock prices, with companies like China Nuclear International rising by 21.30% and Shanghai Electric by 14.19% following the recent project developments [10][11]. - The investment landscape for fusion energy is evolving, with a structure emerging that combines national strategic capital, local industrial capital, and private innovation capital [5][10]. - The supply chain for the BEST project includes 16 A-share listed companies, indicating a robust industrial ecosystem supporting fusion energy development [10].

Core Viewpoint - The article highlights significant advancements in China's nuclear fusion sector, particularly the successful installation of the core component of the BEST project, which marks a crucial step towards commercial nuclear fusion energy generation by 2030 [1][3][6]. Summary by Sections Breakthroughs in Nuclear Fusion Projects - The BEST project in Hefei achieved a key milestone with the successful installation of a 400-ton Dewar base, utilizing advanced aerospace-grade control systems for precision [3][5]. - Other major fusion projects in China, such as the EAST and the China Fusion Engineering Test Reactor, have also reported significant achievements, including record plasma confinement times and temperatures [5][6]. Investment and Commercialization Outlook - The nuclear fusion industry has seen explosive growth, with total investments nearing $10 billion globally over the past five years [3][5]. - Experts predict that the first operational nuclear fusion power plant in China could be realized by 2030, indicating a critical decade ahead for the industry [6]. Industry Structure and Capital Involvement - A collaborative structure involving national strategic capital, local industrial capital, and private innovation capital is forming to support the nuclear fusion sector [6][8]. - The BEST project is backed by a consortium of state-owned and private enterprises, with significant capital increases from its founding [6][8]. Supply Chain and Market Response - A preliminary supply chain for nuclear fusion has been established, with key players including major state-owned enterprises and listed companies contributing to the BEST project [8]. - Following the recent advancements, nuclear power-related stocks surged, with notable increases in companies like China Nuclear International and Shanghai Electric [9].

FF301 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國核能科技集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年10月2日 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) | 00611 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 5,000,000,000 | HKD | | 0.1 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 5,000,000,000 | HKD | | 0.1 HKD | | 500,000,000 | 本月底法定/註冊股本總額： HKD ...

CHINA NUCLEAR ENERGY TECHNOLOGY CORPORATION LIMITED 中國核能科技集團有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） Notification of Publication of Interim Report 2025 (the "Current Corporate Communication") We, China Nuclear Energy Technology Corporation Limited (the "Company"), hereby inform you that the English and Chinese versions of the Current Corporate Communication are available on the Company's website at www.cnetcl.com and the website of The Stock Exchange of Hong Kong Limited at www. ...

CHINA NUCLEAR ENERGY TECHNOLOGY CORPORATION LIMITED 中國核能科技集團有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） (Stock Code 股份代號：611) NOTIFICATION LETTER 通知信函 Dear existing registered shareholder(s), Notification of Publication of Interim Report 2025 (the "Current Corporate Communication") We, China Nuclear Energy Technology Corporation Limited (the "Company"), hereby inform you that the English and Chinese versions of the Current Corporate Communication are available on the Company's webs ...

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 533,102,000, a decrease of 28.6% compared to RMB 746,741,000 for the same period in 2024[13] - Gross profit increased to RMB 253,207,000, up 8.4% from RMB 232,476,000 in the previous year[13] - Profit before tax rose to RMB 112,529,000, representing a 21.5% increase from RMB 92,633,000 in the prior year[13] - Profit for the period was RMB 85,549,000, an increase of 20.9% compared to RMB 70,719,000 for the same period in 2024[13] - Total comprehensive income for the period was RMB 90,382,000, up 33.1% from RMB 67,911,000 in the previous year[15] - Total comprehensive income attributable to owners of the parent increased to RMB 90,955,000 for the six months ended June 30, 2025, compared to RMB 67,575,000 in the same period of 2024, representing a growth of 34.5%[18] - Earnings per share attributable to ordinary equity holders of the parent rose to RMB 4.65 cents, up from RMB 3.80 cents, reflecting an increase of 22.4%[18] Expenses and Costs - Administrative expenses decreased to RMB 43,494,000, down 8.5% from RMB 47,686,000 in the prior year[13] - Finance costs decreased to RMB 98,013,000, a reduction of 4.3% compared to RMB 103,129,000 in the previous year[13] - Interest expenses on bank and other borrowings decreased to RMB 92,380,000 in 2025 from RMB 100,483,000 in 2024[62] Assets and Liabilities - Total non-current assets reached RMB 7,253,996,000 as of June 30, 2025, compared to RMB 6,903,420,000 at the end of 2024, marking an increase of 5.1%[21] - Current assets totaled RMB 3,513,910,000 as of June 30, 2025, up from RMB 3,420,050,000 at the end of 2024, indicating a growth of 2.7%[23] - Total current liabilities decreased to RMB 3,429,913,000 as of June 30, 2025, from RMB 3,345,013,000 at the end of 2024, a reduction of 2.5%[23] - Net assets increased to RMB 1,801,597,000 as of June 30, 2025, compared to RMB 1,711,215,000 at the end of 2024, reflecting a growth of 5.3%[23] - Total assets as of June 30, 2025, were RMB 10,767,906,000, with segment assets of RMB 10,537,235,000[59] - Total liabilities stood at RMB 8,966,309,000, with segment liabilities of RMB 8,509,611,000[59] Cash Flow - For the six months ended June 30, 2025, net cash flows from operating activities amounted to RMB 196,176,000, compared to RMB 211,296,000 for the same period in 2024, reflecting a decrease of approximately 7.2%[31] - Net cash flows used in investing activities were RMB (538,445,000) for the six months ended June 30, 2025, compared to RMB (510,994,000) in 2024, indicating an increase in cash outflow of about 5.3%[31] - Net cash flows from financing activities were RMB 433,551,000 for the six months ended June 30, 2025, compared to RMB (404,928,000) in 2024, showing a significant turnaround in financing cash flow[31] - The total cash and cash equivalents at the end of the period on June 30, 2025, were RMB 925,001,000, an increase from RMB 910,241,000 at the end of June 2024[31] Segment Performance - For the six months ended June 30, 2025, total segment revenue reached RMB 861,619,000, with external customer sales contributing RMB 533,102,000[59] - The EPC and consultancy segment generated a loss of RMB 27,665,000, while the power generation segment reported a profit of RMB 239,590,000[59] - The financing segment's revenue amounted to RMB 8,191,000, contributing to the overall segment performance[59] Acquisitions and Investments - The Group acquired a 100% interest in Shaoguan Dingrong New Energy Technology Co., Ltd. for RMB 1,000,000 on March 31, 2025, as part of its strategy to expand its market share in power generation in China[113][114] - The identifiable net assets of Shaoguan Dingrong New Energy Technology Co., Ltd. at fair value amounted to RMB 2,267,000, with goodwill on acquisition recorded at RMB 1,267,000[116] Market and Industry Trends - The new energy industry is experiencing rapid growth, driven by policy guidance, technological breakthroughs, and market demand, despite challenges such as supply chain fluctuations[146][147] - The Group aims to secure a leading position in the energy revolution through technological innovation and global expansion strategies[146][147] - In January 2025, the National Energy Administration issued regulations for distributed photovoltaic projects, simplifying filing management and ensuring fair grid connection, with a cutoff date of May 1, 2025, for existing projects[148] Renewable Energy Statistics - In the first half of 2025, China's newly installed photovoltaic power generation capacity reached 212.2GW, a surge of 107.1% year-on-year, while the cumulative installed capacity reached 1,100GW, representing a year-on-year increase of 54.2%[169][171] - The newly installed wind power capacity in the first half of 2025 was 51.4GW, marking a year-on-year increase of 98.9%, with cumulative grid-connected capacity reaching 572.6GW, reflecting a year-on-year growth of 22.7%[173][175] - Energy storage capacity added in the first half of 2025 was 21.9GW/55.2GWh, a year-on-year increase of 69.4%, with grid-side storage accounting for 14.2GW/32.9GWh, representing 64.9% of total power capacity[177][179] Strategic Initiatives - The Group actively expanded into overseas markets, advancing the Sri Lanka Hambantota Port photovoltaic-storage hybrid project[185] - The Group implemented optimized power station designs and expedited work schedules to ensure 14 distributed rooftop photovoltaic projects achieved grid connection before April 30, 2025, mitigating potential revenue impacts from electricity tariffs[198][200] - The Group actively adjusted investment strategies to expand its energy storage business in response to evolving policy landscapes[199][200]