Financial Performance - The total revenue for the year ended December 31, 2025, was approximately RMB 848,397,000, a decrease of about 43.39% compared to RMB 1,498,562,000 in 2024[3]. - The net loss attributable to the parent company for the year was approximately RMB 54,825,000, compared to a net loss of RMB 39,536,000 in 2024[3]. - Basic and diluted loss per share for the year was approximately RMB 0.11, compared to a loss of RMB 0.08 in 2024[6]. - The company's main business revenue for the current period is approximately ¥826.62 million, with a cost of ¥768.05 million, compared to ¥1.46 billion in revenue and ¥1.41 billion in cost for the same period last year[34]. - The total revenue for the current period is approximately ¥848.40 million, while the total cost is approximately ¥783.00 million, compared to ¥1.50 billion in revenue and ¥1.45 billion in cost for the previous year[34]. - The revenue generated from contracts with customers for the current period is approximately ¥847.57 million, with a cost of ¥782.70 million, compared to ¥1.49 billion in revenue and ¥1.45 billion in cost for the same period last year[36]. - The net loss for the year ended December 31, 2025, was approximately RMB 54,997,000, compared to a net loss of RMB 44,799,000 for the same period last year, representing a loss margin of about 6.48% of revenue[68]. - The net loss attributable to the owners of the parent company for the year ended December 31, 2025, was approximately RMB 54,825,000, with a loss margin of 6.46%, compared to 2.64% for the previous year[69]. Operating Costs and Expenses - Total operating costs for the year were RMB 892,402,749.70, down from RMB 1,550,051,247.91 in the previous year[5]. - Operating costs for the year ended December 31, 2025, were approximately RMB 783,005,000, down about 45.93% from RMB 1,448,129,000 in the previous year[63]. - Total income tax expenses decreased to RMB 2,676,548.45 from RMB 5,214,888.35, a reduction of approximately 48.8% year-over-year[41]. - Total sales expenses decreased to RMB 15,586,185.33 from RMB 20,292,689.28, a reduction of approximately 23.5% year-over-year[39]. - Management expenses increased to RMB 66,021,881.48 from RMB 56,292,650.86, representing a rise of about 17.5% year-over-year[39]. - Financial expenses decreased to RMB 3,083,932.34 from RMB 4,025,619.39, a decline of approximately 23.4% year-over-year[40]. - Impairment losses for the year were approximately RMB 15,067,000, with inventory impairment losses accounting for RMB 11,520,000[67]. Assets and Liabilities - The company reported a total asset of RMB 1,293,280,254.75 as of December 31, 2025, compared to RMB 1,232,947,050.30 at the end of the previous year[8]. - Current assets totaled RMB 1,093,290,589.80, an increase from RMB 1,021,449,372.56 in the previous year[7]. - Total liabilities amounted to RMB 936,672,950.94, up from RMB 822,938,882.22 in the previous year[8]. - The company’s total equity attributable to the parent company decreased to RMB 326,860,325.28 from RMB 381,717,665.12 in the previous year[8]. - Accounts receivable decreased to RMB 220,347,769.16 from RMB 252,539,231.04, a decline of approximately 12.7% year-over-year[45]. - The total inventory at the end of the period is ¥217,222,112.92, with a provision for inventory impairment of ¥44,266,482.32, resulting in a net inventory value of ¥172,955,630.60[49]. - Contract assets at the end of the period amount to ¥115,040,381.28, with a provision for impairment of ¥4,015,758.00, resulting in a net value of ¥111,024,623.28[51]. Research and Development - Research and development expenses for the year were RMB 20,115,734.02, compared to RMB 15,104,789.35 in 2024, indicating a focus on innovation[5]. - The company plans to increase investment in core technology research and development, particularly in high-efficiency water-saving irrigation technology and smart agriculture integration systems[71]. Corporate Governance and Compliance - The financial statements have been approved by the company's board of directors on March 31, 2026, for disclosure[11]. - The financial report complies with the accounting standards issued by the Ministry of Finance and reflects the financial position and operating results as of December 31, 2025[17]. - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming compliance by all directors and supervisors until December 31, 2025[88]. - The audit committee has reviewed the consolidated annual performance for the fiscal year ending December 31, 2025, including discussions on audited financial statements and internal controls[92]. - The company has appointed Lixin Certified Public Accountants as the auditor for the financial statements for the fiscal year ending December 31, 2025[93]. Future Outlook - The company aims to become a leading integrated service provider in the digital agriculture industry, focusing on water-saving agriculture and enhancing operational efficiency[70]. - The company has obtained a high-tech enterprise certificate valid for three years, allowing it to enjoy a reduced corporate income tax rate of 15% for the 2025 fiscal year[31]. - Subsidiaries such as Gansu Tianye and Aksu Tianye will also benefit from the 15% corporate income tax rate under the Western Development tax incentive policy for the 2025 fiscal year[31]. Employment and Shareholder Information - The company employed a total of 430 employees as of December 31, 2025, down from 500 in the previous year[82]. - The board of directors proposed not to distribute any final dividends for the year ended December 31, 2025, consistent with the previous year[86]. - The company expresses gratitude to shareholders and business partners for their support over the past year, as well as to the board and all employees for their contributions[95].

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，並表明不會就因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之任何損失承擔任何責任。 新疆天業節水灌溉股份有限公司 XINJIANG TIANYE WATER SAVING IRRIGATION SYSTEM COMPANY LIMITED* （於中華人民共和國註冊成立的股份有限公司） （股份代號：00840） 進一步延遲寄發有關 持續關連交易： (1)2026–2028工程施工服務框架協議； (2)2026–2028採購框架協議；及 (3)2026–2028銷售框架協議 之通函 茲提述新疆天業節水灌溉股份有限公司（「本公司」）(i)日期為二零二六年二月十六日 的公告，內容有關，其中包括，(1)2026–2028工程施工服務框架協議；(2)2026– 2028採購框架協議；及(3)2026–2028銷售框架協議；及(ii)日期為二零二六年三月十 日的公告（「該公告」），內容有關，其中包括，延遲寄發有關持續關連交易：(1) 2026–2028工程施工服務框架協議；(2)2026–2028採購框架協 ...

（股份代號：00840） 盈利預警 本公告乃由新疆天業節水灌溉股份有限公司（「本公司」，連同其附屬公司，「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條以及香港 法例第571章證券及期貨條例第XIVA部項下內幕消息條文（定義見上市規則）而作 出。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者，經初步審閱 本集團未經審核綜合管理賬目，本集團預期於截至二零二五年十二月三十一日止年 度錄得人民幣50,000,000–60,000,000元之間的估計淨虧損，而截至二零二四年十二 月三十一日止財政年度（「同期」）錄得淨虧損約人民幣44,799,000元。 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。 XINJIANG TIANYE WATER SAVING IRRIGATION SYSTEM COMPANY LIMITED* 新疆天業節水灌溉股份有限公司 （於中華人民共和國註冊成立的股份有 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：00840） 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通告內容概不負責，對 其準確性或完整性亦不發表任何聲明，並表明不會就因本通告全部或任何部分內容 而產生或因依賴該等內容而引致之任何損失承擔任何責任。 XINJIANG TIANYE WATER SAVING IRRIGATION SYSTEM COMPANY LIMITED* 新疆天業節水灌溉股份有限公司 * 僅供識別 董事會會議通告 新疆天業節水灌溉股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將 於二零二六年三月三十一日（星期二）上午十一時正假座中華人民共和國新疆石河子 市石河子經濟技術開發區北三東路36號會議室舉行董事會會議，以考慮及批准（其 中包括）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之經審核綜合 全年業績及其刊發，以及考慮派發末期股息（如有）。 周剛 香港，二零二六年三月十八日 於本通告日期，董事會包括四名執行董事，分別為周剛先生（董事長）、蔣大勇先 生、王東偉先生及李政先生；以及三名獨立非執行董事，分別為谷莉女士、洪維德 先生及何新林先生。 承董 ...

新疆天業節水灌溉股份有限公司 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，並表明不會就因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之任何損失承擔任何責任。 XINJIANG TIANYE WATER SAVING IRRIGATION SYSTEM COMPANY LIMITED* （於中華人民共和國註冊成立的股份有限公司） （股份代號：00840） 延遲寄發有關 (2)2026–2028採購框架協議；及 (3)2026–2028銷售框架協議 之通函 茲提述新疆天業節水灌溉股份有限公司（「本公司」）日期為二零二六年二月十六日的 公告（「該公告」），內容有關，其中包括，(1)2026–2028工程施工服務框架協議；(2) 2026–2028採購框架協議；及(3)2026–2028銷售框架協議。除另有指明外，本公告 所用詞彙與該公告界定者具有相同涵義。 持續關連交易： (1)2026–2028工程施工服務框架協議； 周剛 中國，新疆 二零二六年三月十日 於本公告日期，董事會包括四名執行董事，分別為周剛先生（董事長）、蔣大勇先 生、王東偉先 ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 新疆天業節水灌溉股份有限公司 呈交日期: 2026年3月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 內資股 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 317,121,560 RMB | | | 1 RMB | | 317,121,560 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 317,121,560 RMB | | | 1 RMB | | 317,121,560 | | 2. 股份分類 | 普通股 | 股份類別 ...

Core Viewpoint - The Ministry of Water Resources has released a new version of the water-saving industry preferential policy guide, which may have a long-term impact on companies like Tianye Water Saving. The company's mid-2025 performance shows a significant decline in revenue and a net loss of 15.62 million yuan [1][2][3]. Industry Policy and Environment - On February 2, 2026, the Ministry of Water Resources published the "Water-Saving Industry Preferential Policy Guide (2025 Edition)," which systematically outlines 189 preferential policies at the national and local levels, covering financial support, tax incentives, and other categories aimed at promoting high-quality development in the water-saving industry. This policy may have a long-term impact on agricultural water-saving companies like Tianye Water Saving, but the actual implementation effects need to be observed [2]. Operating Conditions - Tianye Water Saving's mid-2025 performance shows total revenue of approximately 320 million yuan, a year-on-year decline of 68.55%, and a net loss of 15.62 million yuan, marking a shift from profit to loss. The company is experiencing low liquidity, and its stock price has shown significant volatility, with a single-day drop of 13.64% to 0.190 HKD on January 6, 2026, with a trading volume of only 16,000 shares. As of the latest data, no institutional ratings have been issued for this stock [3][4]. Recent Stock Performance - Recent stock price fluctuations have been amplified by weak performance and insufficient liquidity, with technical indicators showing a neutral to weak bias. In the industry context, the industrial equipment sector has shown overall minor fluctuations, but there is significant differentiation among individual stocks. Attention should be paid to the company's future financial reports (such as the full-year performance announcement for 2025) and whether policy dividends will drive business improvement [4].

Group 1 - The top-performing stock among state-owned enterprises is Tianye Water Conservation, with a price increase of 22.22% [1] - On February 20, Tianye Water Conservation opened at HKD 0.248, reached a high of HKD 0.248, and closed at HKD 0.231 [1] - The stock's previous closing price was HKD 0.189, indicating a significant rise [2] Group 2 - The second highest increase was Shanghai Qingpu Fire Protection, with a price increase of 20.00%, closing at HKD 15.000 [2] - Tianjie Environment ranked third with a 12.17% increase, closing at HKD 2.120 [2] - Other notable performers include China Railway with an 8.48% increase, and Binhai Teda Logistics with a 7.69% increase [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之內容概不負責， 對其準確性或完整性不發表任何聲明，並明確表示概不會就本公告全部或任何部份 內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 XINJIANG TIANYE WATER SAVING IRRIGATION SYSTEM COMPANY LIMITED* 新疆天業節水灌溉股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00840） 持續關連交易： (1)2026–2028工程施工服務框架協議 (2)2026–2028採購框架協議 (3)2026–2028銷售框架協議 衍丰企業融資有限公司 緒言 茲提述本公司日期為二零二三年十月二十五日之通函，內容有關，其中包括，(1) 2023–2025工程施工服務框架協議；(2)2023–2025銷售框架協議；及(3)2023–2025 採購框架協議。 由於上述框架協議已於二零二五年十二月三十一日屆滿，於二零二六年二月十六 日，本公司與天業集團訂立(1)2026–2028工程施工服務框架協議；(2)2026–2028 採購框架協議；及(3)2026–2028銷售框架協議。 – ...

Group 1: Stock Performance - The stock price of Tianye Water-saving (00840.HK) increased by 5.26% on February 12, 2026, closing at HKD 0.20, driven by several factors [1] - The stock price broke through the 5-day and 10-day moving averages, which were at HKD 0.192 and HKD 0.194 respectively, indicating a strengthening short-term momentum [1] - The MACD histogram turned positive at 0.002, suggesting improved market sentiment [1] Group 2: Market Activity - The Bollinger Bands indicator showed the stock price reached the upper band at HKD 0.211, with a volatility of 27.89%, reflecting increased trading activity [1] - The total trading volume for the day was HKD 36,176, with a net inflow of HKD 35,216 primarily from retail investors, indicating a lack of significant involvement from institutional investors [1] - The concentration of shares was low, with a turnover rate of 0.09%, meaning that small amounts of capital could influence stock price fluctuations [1] Group 3: Market Environment - Despite a 1.28% decline in the industrial equipment sector and a 0.86% drop in the Hang Seng Index, the individual stock performed independently, possibly due to expectations surrounding water-saving irrigation industry policies or specific company news [2]