就建議發行資產支持證券而言，京能發展作為賣方及原權益擁有人、項目管理 人作為項目管理人及代表資產支持專項計劃作為買方行事及相關目標公司（即 信友、右玉或六安（如適用））擬訂立股權轉讓合同A、股權轉讓合同B及股權轉 讓合同C（各項合同將獲股權轉讓補充合同進一步修訂及補充），據此，京能發 展將有條件同意透過產權交易所分別以預期不少於人民幣137.49百萬元、人民 幣344.09百萬元及人民幣162.63百萬元之現金代價，向將由項目管理人管理之 資產支持專項計劃轉讓信友、右玉及六安之全部股權。 有關建議發行資產支持證券 及股權轉讓合同之主要交易 建議發行資產支持證券 本公司擬推出資產支持專項計劃，預計於二零二五年十一月或有待決定之較後 日期在上交所的固定收益證券平台發行資產支持證券，目的為投資本公司附屬 公司京能發展所持有之基礎資產及將其證券化，以及籌集資金用於經營及發展 本集團業務。為發行資產支持證券，本公司將委任項目管理人為資產支持專項 計劃之項目管理人。 股權轉讓合同 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，概不就因本公告全部 ...

格隆汇8月12日丨北京能源国际(00686.HK)公布，公司将于2025年8月22日召开董事会会议，以（其中包 括）审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议 （如有）。 ...

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。 686 董事會會議通告 北京能源國際控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將 於二零二五年八月二十二日（星期五）舉行董事會會議，藉以（其中包括）考慮並批 准本公司及其附屬公司截至二零二五年六月三十日止六個月之中期業績及其發佈 以及考慮派發中期股息（如有）。 代表 北京能源國際控股有限公司 董事會主席 張平 香港，二零二五年八月十二日 於本公告日期，本公司之執行董事為張平先生（主席）及盧振威先生；本公司之非 執行董事為劉國喜先生、蘇永健先生、李浩先生、黃蛟先生及王成先生；以及本 公司之獨立非執行董事為靳新彬女士、朱劍彪先生、曾鳴先生及劉景偉先生。 ...

致：香港交易及結算所有限公司 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 第 2 頁 共 10 頁 v 1.1.1 公司名稱: 北京能源國際控股有限公司 呈交日期: 2025年8月4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) | 00686 | 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 | | 1 HKD | | 3,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | | 1 HKD | | 3,000,000,000 | 本 ...

Group 1 - The core viewpoint of the article highlights the significant rise in Hong Kong's photovoltaic stocks, driven by industry efforts to control production capacity and expand demand scenarios [1] - The photovoltaic industry in China is expected to reach a major milestone in 2025, with cumulative installed capacity exceeding 1000GW, entering the "TeraWatt" era [1] - The China Photovoltaic Industry Association has raised its annual forecast, predicting that China's new installed capacity will reach 270-300GW in 2025, while global new installed capacity is adjusted to 570-630GW [1] Group 2 - Specific stock performance includes: - Kaisheng New Energy up 7.08% to 4.990 - Flat Glass up 5.28% to 10.760 - Shango New Energy up 3.67% to 2.260 - Xinyi Solar up 2.95% to 3.140 - Xinyi Glass up 1.36% to 8.210 - GCL-Poly Energy up 1.15% to 0.440 [1]

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。 686 就須予披露交易之補充公告 茲提述北京能源國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 日期為二零二五年七月二十五日之公告（「該公告」）。除文義另有所指外，本公告 所用詞彙應與該公告所界定者具有相同涵義。 本公司謹此進一步澄清融資租賃協議項下租賃資產的組成。租賃資產包括為EPC 項目之設備以及向與EPC合約無關之獨立第三方購買之其他光伏設備及模組（「其 他設備」）。其他設備的總購買價約為人民幣98百萬元。誠如該公告所披露，融資 租賃協議項下的租賃付款總額約為人民幣372百萬元。金額代表(i)租賃資產購買成 本（設備約人民幣234百萬元及其他設備約人民幣98百萬元）及(ii)估計利息總額之 總和。估計利息之計算基準已載於該公告內。董事會經參考市場利率及本集團過 往訂立之其他融資租賃後，評核此基準屬公平合理。 –1– 上述補充資料並不影響該公告所披露的其他資料。除上文所披露者外，該公告 ...

7月31日，截至港股收盘，恒生指数下跌1.6%，报24773.33点。北京能源国际（00686.HK）收报1.5港 元/股，上涨11.11%，成交量433.92万股，成交额604.61万港元，振幅14.07%。 最近一个月来，北京能源国际累计涨幅21.62%，今年来累计涨幅46.84%，跑赢恒生指数25.51%的涨 幅。 财务数据显示，截至2024年12月31日，北京能源国际实现营业总收入70.11亿元，同比增长25.92%；归 母净利润8600万元，同比增长104.76%；资产负债率77.89%。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，公用事业行业市盈率（TTM）平均值为6.89倍，行业中值7.07倍。北京能源国际市盈率 31.96倍，行业排名第54位；其他滇池水务（03768.HK）为2.46倍、兴泸水务（02281.HK）为3.28倍、 协合新能源（00182.HK）为3.76倍、康达环保（06136.HK）为4.19倍、中国光大水务（01857.HK）为 4.24倍。 本文源自：金融界 资料显示，北京能源国际控股有限公司(简称"京能国际"或"公司")是香港联交所红筹上市公司 ...

Group 1 - The core announcement involves Beijing Energy International entering into a trust agreement with Xingye International Trust for the issuance of asset-backed commercial papers totaling RMB 2 billion, divided into two tranches: senior and subordinated [1] - The underlying assets include rights and interests related to receivable subsidies from eight photovoltaic project companies located across various provinces in China, with a total installed capacity of 494.6 MW as of the initial benchmark date [1] - The expected government renewable energy subsidies are anticipated to be received by October 2028 or around that time [1] Group 2 - The board believes that the issuance of asset-backed commercial papers will diversify the group's fundraising channels and secure low-cost funding, thereby improving the financing structure and enhancing operational activities and investments [2] - It is expected that the issuance interest rate of the asset-backed commercial papers will be lower than the company's average financing rate, which will reduce financing costs [2] - 70% of the proceeds from the issuance will be used to repay existing debts, effectively optimizing the group's debt-to-asset ratio [2] - The arrangement is expected to accelerate the overall turnover of the group's assets and increase total revenue generated [2] - The asset-backed commercial papers are designed as direct financing products for institutional investors, which will further expand the company's influence and recognition in the capital markets [2]

Financial Performance - The Group's revenue for 2024 was RMB 8,577 million, representing a 47.36% increase compared to RMB 5,568 million in 2023[13]. - The Group's profit for 2024 was RMB 557 million, reflecting an 18.01% increase from RMB 472 million in 2023[13]. - The company recorded revenue of approximately RMB 7,011 million and net profit of approximately RMB 557 million for the year ended December 31, 2024[32]. - Revenue for the Year was approximately RMB 7,011 million, up from RMB 5,568 million in 2023, representing a growth of around 25.8%[114]. - EBITDA for the Year was approximately RMB 5,622 million, compared to RMB 4,559 million in 2023, marking an increase of approximately 23.3%[114]. - The Group recorded a net profit of approximately RMB 557 million for the Year, an increase from RMB 472 million in 2023[113]. Asset and Capacity Overview - The total assets of the Group decreased to RMB 90,036 million in 2024, down 13.81% from RMB 102,469 million in 2023[13]. - As of December 31, 2024, the Group owned 166 solar power plants, 38 wind power plants, 26 hydro power plants, and 3 energy storage power stations, with a total grid-connected installed capacity of approximately 12,639 MW and total electricity generation of approximately 17,674,684 MWh for the entire year[6]. - The Group's grid-connected installed capacity expanded from approximately 8,577 MW as of December 31, 2023, to approximately 12,639 MW, reflecting a growth of about 47.36%[114]. - The total electricity generation volume from the Group's associate-held power plants was approximately 1,745,473 MWh, with an aggregate grid-connected installed capacity of approximately 862 MW[6]. - The Group's solar power plants increased from 140 in 2023 to 166 in 2024, while wind power plants rose from 28 to 38[81]. Strategic Development and Goals - The Group aims to establish a clean energy industrial ecosystem characterized by green energy and smart collaboration, focusing on national layout and worldwide development[9]. - The Group plans to continue leveraging opportunities from the transformational changes in the international energy industry to maximize shareholder value[11]. - The Group's strategic focus includes rapid quality development and the construction of a sustainable clean energy ecosystem[9]. - The company aims to become a respected international clean energy ecosystem investor and operator, focusing on green development and optimizing existing assets[171]. - The year 2025 is critical for the Company to achieve high-quality development under the "14th Five-Year Plan"[170]. Environmental Impact and Sustainability - The company achieved a reduction of 16,157.6 thousand tons in carbon dioxide emissions[50]. - A total of 882,927.4 thousand trees were planted as part of the green energy initiatives[49]. - The company plans to establish a clean energy industrial ecosystem characterized by green energy and smart collaboration[181]. - The company is committed to high standards of corporate governance to enhance sustainability and protect shareholder interests[183]. Financing and Investment - The company has reduced its weighted average annual interest rate for borrowings to approximately 3.73% in 2024, down from 4.04% in 2023, due to refinancing high-interest loans[100]. - In June 2024, the company secured RMB 800 million through privately-offered perpetual medium-term notes at a fixed distribution rate of 3.69% per annum[101]. - In December 2024, the company entered into an investment contract to receive RMB 1,500 million at a fixed distribution rate of 3.285% per annum, with approximately RMB 130 million already applied for working capital[105]. - The Group is actively seeking financing opportunities to lower the cost of funds and improve liquidity, with total borrowings amounting to RMB 68,623 million as of December 31, 2024[134]. Corporate Governance and Management - The Group's corporate culture emphasizes inclusivity and has led to significant achievements in project development and operational management over the past five years[21]. - The company emphasizes comprehensive cost control and project evaluations to optimize project-level performance[180]. - The company is committed to high standards of corporate governance to enhance sustainability and protect shareholder interests[183]. Operational Efficiency - The average electricity tariff per kWh across all power plants is RMB 0.40[98]. - The average tariff per kWh (net of VAT) decreased to approximately RMB0.40 from RMB0.46 in 2023, primarily due to the increased share of grid-parity solar and wind power generation[115]. - The Group's EBITDA margin ratio decreased by approximately 2% from approximately 82% for the year ended December 31, 2023, to approximately 80% for the current year, primarily due to additional operating expenses[137]. Future Outlook - The company aims to monitor developments in national policies and green hydrogen markets to prepare for future opportunities in the new energy industry[177]. - The strategic layout includes projects like "Jidian into Beijing" and "Mengdian into Beijing" to utilize resources effectively[178]. - The company will deepen its presence in Yunnan and Xizang for hydro power development, completing feasibility studies for 5 cascade power stations in Dongyuan area[177].

Group 1 - The company reported a revenue of RMB 7.011 billion for the year ending December 31, 2024, representing a year-on-year increase of 25.92% [1] - Shareholder profit reached approximately RMB 86 million, showing a significant growth of about 104.76% compared to the previous year [1] - The earnings per share were recorded at 3.88 cents, with a proposed final dividend of 10 Hong Kong cents per share [1] Group 2 - The company accelerated the expansion of its clean energy scale, actively developing and acquiring solar, wind, hydroelectric, and energy storage projects [2] - As of December 31, 2024, the company owned 166 solar power stations, 38 wind power stations, 26 hydroelectric power stations, and 3 energy storage stations, with a total installed capacity of approximately 12,639 megawatts, up from about 8,577 megawatts in 2023 [2] - The company has a projected capacity of approximately 5 gigawatts for hydroelectric development rights, with a 75% indirect ownership in the project company [2] Group 3 - The total electricity generation from the company's power stations increased significantly from approximately 11.9942 million megawatt-hours for the year ending December 31, 2023, to about 17.6747 million megawatt-hours, marking an increase of approximately 47.4% [3] - All power stations have been connected to the grid and have been generating electricity steadily [3]