致：香港交易及結算所有限公司 公司名稱: 勝利油氣管道控股有限公司 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12月31日 狀態: 新提交 呈交日期: 2026年1月5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) | 01080 | 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 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法定/註 ...

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: 勝利油氣管道控股有限公司 呈交日期: 2025年12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) | 01080 | 說明 | | | | | | | | | | 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 | | | | 3,874,365,600 | | 0 | | 3,874,365,600 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 3,874,365,600 | | 0 | | 3,874,365,600 | 第 2 頁 共 10 頁 v 1.1.1 III.已發行股份及/或 ...

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10月31日 狀態: 新提交 | 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) | 01080 | 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 (-) | | | | | | | HKD | | | | 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 500,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行 ...

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 FF301 第 1 頁 共 10 頁 v 1.1.1 公司名稱: 勝利油氣管道控股有限公司 呈交日期: 2025年10月3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) | 01080 | 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 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HK ...

Company Overview - The company primarily engages in the production of oil and gas pipelines through two business segments: the welded pipe business and the trading business [6] Revenue and Profit Growth - Historical revenue and net profit growth rates show fluctuations, with significant changes observed in recent years [8][9] - In the first half of 2025, the company reported a revenue of 5.594 billion yuan from the welded pipe business and 0.107 billion yuan from the trading business [14] Financial Performance Metrics - The average return on equity for the first half of 2025 was -6.1%, a decrease of 1.08 percentage points compared to the same period last year [16] - The company’s total asset turnover ratio has shown a downward trend, with a notable decline in recent years [18] Asset and Liability Changes - As of the first half of 2025, significant changes in assets include a 34.78% decrease in prepaid accounts and a 26.21% increase in inventory [22] - On the liability side, short-term borrowings increased by 66.19%, while long-term borrowings decreased by 100% [25] Liquidity Ratios - The company reported a current ratio of 0.77 and a quick ratio of 0.51 in the first half of 2025, indicating liquidity challenges [28]

N O T I F I C AT I O N L E T T E R 通 知 信 函 12 September 2025 Dear Non-registered shareholder (Note) Shengli Oil & Gas Pipe Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report ("Current Corporate Communication") and Arrangement of Electr onic Dissemination of Corporate Communications The Current Corporate Communication of the Company ha s been published in English and Chinese languages and is available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexn ...

N O T I F I C AT I O N L E T T E R 通 知 信 函 12 September 2025 Dear Shareholder, Shengli Oil & Gas Pipe Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report ("Current Corporate Communication") and Arrangement of Electronic Dissemination of Corporate Communications The Current Corporate Communication of the Company has been published in English and Chinese languages and is available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexnews.hk and the Company' ...

Financial Performance - For the six months ended June 30, 2025, revenue was approximately RMB 374,825,000, an increase of about 12.4% compared to the same period in 2024[7]. - Gross profit margin for the period was approximately 11.9%, an increase of about 0.9 percentage points compared to the same period in 2024[7]. - The loss attributable to owners of the company for the period was approximately RMB 24,146,000, compared to a loss of RMB 23,716,000 in the same period of 2024[7]. - The total comprehensive loss attributable to owners of the company for the period was approximately RMB 38,133,000, compared to RMB 49,305,000 in the same period of 2024[7]. - The basic loss per share attributable to owners of the company was approximately RMB 0.62, compared to RMB 0.61 in the same period of 2024[7]. - The group reported a pre-tax loss of RMB 25,344,000, slightly higher than the pre-tax loss of RMB 24,086,000 in 2024[101]. - Total comprehensive loss for the period was RMB 39,636,000, an improvement from RMB 49,695,000 in the previous year[101]. - The company reported a total loss of RMB 25,364,000 for the six months ended June 30, 2025, compared to a loss of RMB 24,106,000 for the same period in 2024, indicating a worsening financial position[123]. Strategic Developments - The company strengthened strategic partnerships with key clients, with sales to the National Pipeline Group accounting for over 70% of total sales during the period[10]. - The company developed three new clients and signed sales orders while increasing efforts in processing orders to reduce capital occupation[11]. - The group aims to stabilize its position as a key supplier for the national pipeline network and actively pursue new project orders[20]. - The group plans to enhance communication and cooperation with core customers while expanding into social and international markets[20]. - The group established a strategic cooperation with Rizhao Steel Holding Group to enhance collaboration in resource supply, technological innovation, and market expansion[24]. Operational Efficiency - The subsidiary Shandong Shengli Steel Pipe Co., Ltd. completed multiple pipeline projects efficiently, including significant natural gas pipeline projects[12]. - The company expanded its product range by innovating and modifying production parameters, successfully completing anti-corrosion tasks for new pipeline projects[12]. - The group optimized its personnel structure and implemented various training measures, resulting in a 2% overall decrease in procurement costs[13]. - The group achieved zero accidents in safety management during the review period, enhancing overall safety awareness and emergency response capabilities[15]. - The group successfully passed the initial certification of the energy management system and maintained the validity of the CNAS laboratory system[16]. Shareholder Information - Mefun Group Limited holds 620,000,000 shares, representing approximately 16.003% of the company's issued shares, making it the largest single shareholder[57]. - Goldmics Investments Limited owns 153,130,224 shares, accounting for about 3.952% of the company's issued shares[57]. - Major shareholders include Mefun Group Limited, holding 620,000,000 shares, which accounts for 16.003% of the issued share capital[76]. - The company has maintained a public float of at least 25% as required by listing rules as of June 30, 2025[80]. Assets and Liabilities - As of June 30, 2025, the group's total assets were approximately RMB 1,021,296,000, while total liabilities were approximately RMB 633,603,000, resulting in net assets of approximately RMB 387,693,000[43]. - The group's net current liabilities increased significantly to approximately RMB 146,338,000 as of June 30, 2025, compared to approximately RMB 15,358,000 as of December 31, 2024, due to the reclassification of long-term borrowings to current liabilities[44]. - The company's net current liabilities stood at RMB 146,338 thousand as of June 30, 2025, compared to RMB 15,358 thousand as of December 31, 2024, indicating a deterioration in liquidity position[105]. - Total equity attributable to owners decreased to RMB 380,049 thousand as of June 30, 2025, from RMB 418,182 thousand as of December 31, 2024, reflecting a decline of about 9.1%[107]. Legal and Compliance - The company has no contingent liabilities as of June 30, 2025, consistent with the previous year[63]. - The company has adopted good corporate governance practices in line with the listing rules and has established an audit committee to oversee financial reporting[96][98]. - The company recognized a one-time litigation provision of approximately RMB 18,403,000 due to a lawsuit involving its subsidiary Zhejiang Shengguan Industrial Co., Ltd.[38]. - The lawsuit involves a claim for an unpaid amount of approximately RMB 17,196,000, with additional accrued default interest calculated at a daily rate of 0.0175% from May 25, 2024[157]. Market Outlook - The IMF forecasts a global economic growth rate of 3.0% for 2025, with China's growth expectation significantly raised to 4.8%[18]. - The group reported a GDP growth of approximately RMB 66.05 trillion in the first half of 2025, reflecting a year-on-year increase of 5.3%[23]. - The group aims to maintain crude oil production above 200 million tons and ensure continuous growth in natural gas production, supporting national energy supply security[26]. Employee and Management - The total payroll and related costs for 483 employees as of June 30, 2025, are approximately RMB 30,020,000, slightly down from RMB 30,612,000 a year earlier[64]. - The total compensation for directors and key management personnel for the six months ended June 30, 2025, was RMB 3,281,000, a decrease of 16.7% compared to RMB 3,940,000 for the same period in 2024[156]. - The executive directors have extensive experience in management and technical roles within the group and its subsidiaries[88][89][90]. Cash Flow and Investments - The company raised new borrowings of RMB 91,250,000, compared to RMB 75,650,000 in the previous year, while repaying RMB 62,280,000 in borrowings[113]. - Cash and cash equivalents decreased by RMB 8,062,000, ending the period at RMB 119,658,000, compared to RMB 47,366,000 at the end of the previous year[113]. - Net cash used in investing activities was RMB 29,075,000, a decline from net cash generated of RMB 9,219,000 in the same period last year[113].

Core Viewpoint - Victory Pipeline (01080) announced that as of the end of the public tender period (September 9, 2025), no potential bidders have been confirmed, leading the company to reconsider its plans for selling the target company [1] Group 1 - The public tender period for potential bidders has ended without any confirmations [1] - The company will reassess its strategy regarding the sale of the target company due to the lack of bidders [1]

Core Viewpoint - Victory Pipeline (01080) announced that as of the end of the public bidding period on September 9, 2025, no potential bidders were confirmed, leading the company to reconsider its plans for selling the target company [1] Group 1 - The public bidding period for the sale of the target company has ended without any confirmed bidders [1] - The company will reassess its strategy regarding the sale of the target company due to the lack of interest from potential bidders [1]