Core Viewpoint - New Morning Power (01148) experienced a significant stock price increase of over 27% following the announcement of a share acquisition agreement, indicating strong market reaction to the news [1] Group 1: Acquisition Details - New Morning Power announced a share acquisition agreement with Shanxi Lantian Industrial Group and the target company, AVIC Lantian Equipment, for the purchase of 53% equity for approximately RMB 147 million [1] - Following the completion of the equity transfer, the company will invest an additional USD 5 million in the target company, which will increase its ownership to approximately 60% [1] - The target company primarily engages in the manufacturing of automobiles, special equipment, mining machinery, automotive parts, industrial robots, and intelligent material handling equipment [1] Group 2: Market Reaction - The stock price of New Morning Power rose by 27.12% to HKD 0.375, with a trading volume of HKD 4.5191 million at the time of reporting [1]

Core Viewpoint - New Morning Power (01148) experienced a significant stock price increase of over 27% following the announcement of a share acquisition agreement with Shanxi Lantian Industrial Group and the target company AVIC Lantian Equipment [1] Group 1: Acquisition Details - New Morning Power's subsidiary, Mianyang New Morning Power, has entered into a share acquisition agreement to purchase approximately 53% equity in the target company for a maximum of RMB 147 million [1] - Following the completion of the share transfer, the company will invest an additional USD 5 million in the target company, which will increase its ownership to about 60% [1] - The target company primarily engages in the manufacturing of automobiles, special equipment, and mining machinery, as well as the production of automotive parts, industrial robots, and intelligent material handling equipment [1]

Core Viewpoint - Xinchen Power (01148.HK) is acquiring a 53% stake in AVIC Lantian Equipment Manufacturing Co., Ltd. for up to RMB 147.1 million, with plans to increase its stake to approximately 60% after a subsequent capital injection of USD 5 million, aiming to enhance its market position in the automotive and machinery sectors [1][3]. Group 1: Acquisition Details - Xinchen Power's subsidiary, Mianyang Xinchen Power, will acquire the sale rights of AVIC Lantian Equipment Manufacturing for a maximum of RMB 147.1 million [1]. - After the completion of the share transfer, Mianyang Xinchen Power will hold a 53% stake in AVIC Lantian Equipment Manufacturing, which will become an indirect non-wholly owned subsidiary [1]. - Following the capital injection of USD 5 million, Xinchen Power's stake in AVIC Lantian Equipment Manufacturing is expected to increase to approximately 60% [1]. Group 2: Business Strategy and Benefits - The acquisition aligns with Xinchen Power's strategy to integrate complementary businesses for growth, particularly in the automotive engine and component manufacturing sector [3]. - The company anticipates that the acquisition will enhance operational integration, diversify its product range, and improve its market position in the engine and component industry [3]. - Expected benefits from the acquisition include an expanded customer base, increased market share, cost savings, operational efficiency, and future business development potential [3].

Core Viewpoint - New Morning Power (01148) has entered into an equity acquisition agreement to purchase a 53% stake in AVIC Lantian Equipment for approximately RMB 147 million, along with a capital injection of USD 5 million post-acquisition, which will increase its ownership to about 60% [1][2] Group 1: Acquisition Details - The buyer, Mianyang New Morning Power, is a wholly-owned subsidiary of New Morning Power, and the seller is Shanxi Lantian Industrial Group [1] - The target company, AVIC Lantian Equipment, is primarily engaged in the manufacturing of vehicles, special equipment, and mining machinery, as well as automotive parts and industrial robots [1] Group 2: Strategic Rationale - The acquisition aligns with the company's strategy to achieve growth through the integration of complementary businesses with synergistic benefits [2] - The target company's strong track record in special and non-road vehicles is expected to enhance operational integration and diversify the product portfolio [2] - The acquisition will expand the company's product supply capabilities and market reach, particularly in the special and non-road vehicle markets [2] Group 3: Operational Benefits - The existing customer relationships and business network of the target company will immediately broaden the company's customer base [2] - The integration of administrative, R&D, procurement, and project management functions is anticipated to achieve economies of scale, reduce redundant costs, and improve overall operational efficiency [2] - The combined resources, expertise, and customer networks are expected to create a solid platform for exploring new business opportunities [2] Group 4: Market Position - The acquisition is expected to enhance the company's market position in the engine and components industry [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares effective from October 16, 2025 [2]

Group 1 - The company, Xinchen Power (01148.HK), announced the acquisition of a 53% stake in AVIC Lantian Equipment Manufacturing Co., Ltd. for approximately RMB 147.1 million [1] - Following the completion of the share transfer, the buyer will invest USD 5 million in the target company, resulting in an ownership of about 60% [1] - The target company specializes in manufacturing vehicles, special equipment, mining machinery, automotive parts, industrial robots, and intelligent material handling equipment [1] Group 2 - The acquisition aligns with the company's strategy to enhance its core business through the integration of complementary operations [1] - The target company has a strong track record and reputation in the special and non-road vehicle sectors, which is expected to improve operational integration and diversify the product portfolio [1] - The expansion is anticipated to optimize business resources and promote sustainable growth, ultimately delivering additional value to shareholders [1] Group 3 - The company has applied to the Stock Exchange for the resumption of trading of its shares, effective from October 16, 2025 [2]

Group 1 - The company, Xinchen Power (01148), has entered into a share acquisition agreement to purchase 53% equity in the target company, AVIC Lantian Equipment, for approximately RMB 147 million, with an additional investment of USD 5 million post-acquisition [1][2] - Following the completion of the share transfer, the company will hold about 60% equity in the target company, which will become a subsidiary of Xinchen Power [1] - The target company specializes in manufacturing vehicles, special equipment, and mining machinery, as well as automotive parts and industrial robots [1] Group 2 - The acquisition aligns with the company's strategy to enhance growth through the integration of complementary businesses, leveraging the target company's strong reputation in the special and non-road vehicle sectors [2] - The acquisition is expected to expand the company's product offerings and market reach, particularly in the special and non-road vehicle markets, thereby creating additional value for shareholders [2] - The integration of administrative, R&D, procurement, and project management functions is anticipated to achieve economies of scale, reduce redundant costs, and improve overall operational efficiency [2]

新晨中國動力控股有限公 司 （於開曼群島註冊成立的有限公 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佈的內容概不負 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 佈 全 部或任何部分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。 XINCHEN CHINA POWER HOLDINGS LIMITED 完 成 後（ 即 股 權 轉 讓 完 成 後 ），目 標 公 司 將 成 為 買 方 之 附 屬 公 司，並 成 為 本 公 司 之 間 接 非 全 資 附 屬 公 司。 上市規則之涵義 由於根據上市規則第十四章所計算有關根據股權收購協議擬進行之交易之適 用百分比率超過25%但低於100%，故根據上市規則，股權收購協議構成本公司 之 主 要 交 易，須 遵 守 有 關 通 知、刊 登 公 告 及 股 東 批 准 之 規 定。 1 一般事項 由 於 需 要 額 外 時 間 編 製 載 入 通 函（ 當 中 載 有（ 其 中 包 括 ）股 權 收 購 協 議 及 據 此 擬 進 行 之 交 易 之 進 一 步 詳 情、 ...

Core Viewpoint - New Morning Power (01148) announced a short suspension of its shares on the Hong Kong Stock Exchange starting from 9:00 AM on October 16, 2025, pending the release of an announcement regarding a major transaction, which will also constitute inside information under the Securities and Futures Ordinance [1] Summary by Category - **Company Announcement** - New Morning Power's shares will be suspended for a short period to await the announcement of a significant transaction [1] - **Regulatory Compliance** - The announcement will be made in accordance with the Securities and Futures Ordinance, specifically under Part XIVA, which pertains to inside information [1]

Core Viewpoint - New Morning Power (01148) has announced a temporary suspension of its shares on the Hong Kong Stock Exchange starting from 9:00 AM on October 16, 2025, pending the release of an announcement regarding a major transaction, which will also constitute inside information under the Securities and Futures Ordinance [1] Group 1 - The company's shares will be suspended for a temporary period [1] - The suspension is due to the anticipation of a major transaction announcement [1] - The announcement will be classified as inside information according to Hong Kong law [1]

Core Viewpoint - The company Xinchen Power (01148) announced that its shares will be temporarily suspended from trading starting at 9:00 AM on October 16, 2025 [1] Group 1 - The trading suspension is set to begin on October 16, 2025 [1]