新加坡證券交易所有限公司、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 不對本公告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任何 責任。 SIIC ENVIRONMENT HOLDINGS LTD. 上海實業環境控股有限公司* （在新加坡共和國註冊成立的有限公司） （香港股份代號：807） （新加坡股份代號：BHK） 2025年下半年項目進展公告 本公告由上海實業環境控股有限公司（「上實環境」或「本公司」，連同其附屬公司統 稱「本集團」）自願發佈。作為一家在新加坡證券交易所有限公司主板及香港聯合交 易所有限公司主板上市的環境水務公司，本公司希望就本集團的業務發展向股東及潛 在投資者提供最新資訊。 本集團欣然宣佈，2025年下半年在污水處理、供水、再生水等核心業務領域持續深耕， 實現項目中標、併購項目鎖定、擬簽訂項目、投運落地等多項關鍵進展，具體如下： 1 - 移交-运营-移交（「TOT」）項目中標：獲取原郴州第一污水廠項目，特許經營期 自2028年1月1日至2064年12月31日，設計處理規模12萬噸/日，進一步 ...

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 | 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) | 00807 | 說明 | | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 2,575,665,726 | | 0 | | 2,575,665,726 | | 增加 / 減少 (-) | | | | 0 | | 0 | | | | 本月底結存 | | | | 2,575,665,726 | | 0 | | 2,575,665,726 | 第 2 頁 共 10 頁 v 1.1.1 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: SIIC ENVIRONMENT HOLDINGS LTD. 上海實業環境控股有限公司* 呈交 ...

Core Viewpoint - Shanghai Industrial Holdings (00363) announced that its direct controlling shareholder, Shanghai Industrial Group, has informed the board that an internal restructuring proposal is expected to be completed by December 29, 2025, with Jinzhong registered as the owner of all issued shares of Shanghai Industrial Group [1] Group 1 - The registration of ownership by Shanghai Industrial Group will not involve any change in voting rights, which are currently held by the Shanghai Municipal Government [1] - As of the announcement date, Jinzhong indirectly holds controlling interests in the company (approximately 63.16% of issued shares), Shanghai Industrial Urban Development Group Limited (approximately 70.44% of issued shares), and Shanghai Industrial Environment Holdings Limited (approximately 50.12% of issued shares) [1] - Both Shanghai Industrial Urban Development and Shanghai Industrial Environment are non-wholly owned subsidiaries of the company [1] Group 2 - The ultimate control of the company, Shanghai Industrial Urban Development, and Shanghai Industrial Environment remains with the Shanghai Municipal Government, as Shanghai Industrial Group, Shanghai Shangi, and Jinzhong are all beneficially wholly owned by the Shanghai Municipal Government at all significant times [1]

Core Viewpoint - A significant debt waiver of approximately 378 million yuan has been granted to JG Development (SH600807), providing financial relief amidst challenging market conditions, although the controlling shareholder is facing substantial losses themselves [1][2]. Group 1: Debt Waiver Details - The controlling shareholder, Jinan High-tech Urban Construction Development Co., Ltd. (High-tech Construction), and its affiliate, Jinan Shunzheng Investment Co., Ltd. (Shunzheng Investment), have waived debts totaling approximately 378 million yuan [2]. - The debt waiver consists of 280 million yuan from High-tech Construction and 97.47 million yuan from Shunzheng Investment, benefiting JG Development and its subsidiaries [2][3]. Group 2: Financial Context of Shareholders - High-tech Construction reported a net loss of 471 million yuan for the year 2024, while Shunzheng Investment had a net loss of 85.81 million yuan, indicating a challenging financial situation for both entities [3][5]. - Despite their own financial struggles, these shareholders have prioritized the support of JG Development, reflecting their commitment to the company's platform [3]. Group 3: Impact on JG Development - The debt waiver is crucial for JG Development, which has faced significant losses, with a net profit loss of 806 million yuan in 2024 and a negative retained earnings of 2.109 billion yuan [5]. - As of the third quarter of 2025, JG Development's net assets have decreased by 44.27% to approximately 43.87 million yuan, raising concerns about potential delisting risks [5][6]. - The debt waiver will be recorded as capital reserves, which may help improve the company's net assets and provide a temporary reprieve from financial distress [5][6]. Group 4: Strategic Transition - JG Development is undergoing a strategic transformation from traditional real estate and municipal landscaping to a focus on life sciences, with subsidiaries like Aikwei Bio playing a key role in this transition [6][7]. - The company has faced challenges in this transition, including revenue declines and goodwill impairment, but has taken measures to mitigate risks, such as recognizing estimated liabilities related to litigation [7].

Core Insights - The article highlights the top short-selling stocks in the market, indicating significant investor sentiment and potential market movements [1][2]. Short-Selling Ratios - Anta Sports (82020) has the highest short-selling ratio at 100.00%, followed by China Mobile (80941) at 86.71% and BYD Company (81211) at 82.34% [1][2]. - Other notable companies with high short-selling ratios include China Resources Beer (80291) at 74.99% and JD.com (89618) at 71.60% [2]. Short-Selling Amounts - Xiaomi Group (01810) leads in short-selling amount with 2.798 billion, followed by Tencent Holdings (00700) at 1.686 billion and Ping An Insurance (02318) at 1.465 billion [1][2]. - Alibaba (09988) and Meituan (03690) also feature prominently with short-selling amounts of 1.424 billion and 1.253 billion respectively [2]. Deviation Values - China Sanjiang Chemical (02198) has the highest deviation value at 41.73%, indicating a significant difference from its average short-selling ratio over the past 30 days [1][2]. - Other companies with high deviation values include Television Broadcasts (00511) at 38.56% and China Mobile (80941) at 38.41% [2].

新加坡證券交易所有限公司、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。 (i) 李偉雄先生（ 李先生」）於剩餘豁免期內須得到甘女士的協助；及 (ii) 倘本公司嚴重違反香港上市規則，則可撤銷新豁免。 李先生及甘女士之履歷詳情載列如下： 李偉雄先生持有新加坡特許秘書公會（（ CSIS」）授予的執業證書，並自 2005 年 5 月起成為 CSIS 的會員。李先生為亞太地區領先的企業解決方案及商業咨詢提供商之一 In.Corp Global 的公司秘書主管。李先生於公司秘書行業擁有超過 20 年的經驗， 包括但不限於公司秘書合規， 公司註冊、首次公開募股、公司重組及各種公司行動。彼曾為不同行業的客戶擔任秘書，包 括私人有限公司、新加坡金融管理局監管的金融機構、新加坡證券交易所有限公司上市公司、 離岸公司、可變動資公司和非營利慈善組織。彼曾於卓佳新加坡服務 22 年，領導公司秘書業 務及管理一支企業專業團隊，為客戶的董事會和管理層提供合規、治理和監管咨詢服 ...

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11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: SIIC ENVIRONMENT HOLDINGS LTD. 上海實業環境控股有限公司* 呈交日期: 2025年12月3日 I. 法定/註冊股本變動 不適用 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00807 | 說明 | | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 2,575,665,726 | | 0 | | 2,575,665,726 | | 增加 / 減少 (-) | | | | 0 | | 0 ...

Group 1 - The company Shanghai Industrial Environment (00807) announced the resignation of Mr. Wen Runhua as one of its joint company secretaries and authorized representatives under the Hong Kong Stock Exchange Listing Rules [1] - Ms. Gan Meixia has been appointed as the new joint company secretary, authorized representative, and legal representative for receiving legal documents in Hong Kong, effective from November 13, 2025 [1] - Mr. Li Weixiong will continue to serve as another joint company secretary [1]

Core Viewpoint - Shanghai Industrial Environment (00807.HK) announced the resignation of Wen Runhua as one of the joint company secretaries and authorized representatives under the Hong Kong Listing Rules, effective from November 13, 2025 [1] Group 1 - Wen Runhua has resigned from his position as a joint company secretary and authorized representative under the Hong Kong Listing Rules [1] - Gan Meixia has been appointed as the new joint company secretary, authorized representative, and legal process representative, effective from November 13, 2025 [1] - Li Weixiong will continue to serve as another joint company secretary [1]

Group 1 - The company Shanghai Industrial Environment (00807) announced the resignation of Mr. Wen Runhua as one of its joint company secretaries and authorized representatives under the Hong Kong Listing Rules [1] - Ms. Gan Meixia has been appointed as the new joint company secretary, authorized representative, and legal representative for receiving legal documents in Hong Kong, effective from November 13, 2025 [1] - Mr. Li Weixiong will continue to serve as the other joint company secretary [1]