山高新能源(01250)发布公告，公司获要约人通知，要约人已于2025年11月28日通过配售代理向一名买 方出售8283.35万股公司股份，及分别于2025年8月28日及2025年9月1日在市场上出售合共10.3万股股份 (相当于本公告日期合共8293.65万股股份及公司已发行股本总额约3.69%)。据公司的董事经作出一切合 理查询后所深知、尽悉及确信，买方及其最终实益拥有人独立于公司及并非公司关连人士，及紧随出售 事项后，公众人士合共持有5.62亿股股份，相当于本公告日期公司已发行股本总额的25%。因此，公司 已恢复符合上市规则第8.08(1)(a)条规定的最低公众持股量要求。 ...

Core Viewpoint - The company, Shandong High New Energy (01250.HK), has announced the sale of approximately 82.83 million shares to a buyer, which represents about 3.69% of the company's total issued share capital, thereby restoring compliance with the minimum public float requirement under the listing rules [1] Group 1 - The offeror has notified the company of the sale of 82.83 million shares through a placement agent to a buyer [1] - Additionally, the offeror sold a total of 103,000 shares in the market on August 28 and September 1, 2025, bringing the total shares sold to approximately 82.93 million [1] - Following the sale, the public will hold approximately 562 million shares, equivalent to 25% of the company's total issued share capital [1] Group 2 - The company has confirmed that the buyer and its ultimate beneficial owner are independent of the company and are not connected persons [1] - The company has restored compliance with the minimum public float requirement as stipulated in the listing rules [1]

智通财经APP讯，山高新能源(01250)发布公告，公司获要约人通知，要约人已于2025年11月28日通过配 售代理向一名买方出售8283.35万股公司股份，及分别于2025年8月28日及2025年9月1日在市场上出售合 共10.3万股股份(相当于本公告日期合共8293.65万股股份及公司已发行股本总额约3.69%)。据公司的董 事经作出一切合理查询后所深知、尽悉及确信，买方及其最终实益拥有人独立于公司及并非公司关连人 士，及紧随出售事项后，公众人士合共持有5.62亿股股份，相当于本公告日期公司已发行股本总额的 25%。因此，公司已恢复符合上市规则第8.08(1)(a)条规定的最低公众持股量要求。 ...

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。 （於開曼群島註冊成立之有限公司） （股份代號：01250） | | 緊接於要約完成時 | | | | | --- | --- | --- | --- | --- | | | 及於結束公告日期 | | 緊隨出售事項後 | | | | | 概約 | | 概約 | | | 股份數目 | 百分比％ | 股份數目 | 百分比％ | | 要約人及其一致行動人 | 1,362,814,764 | 60.66 | 1,279,878,252 | 56.97 | | Fast Top Investment Limited | | | | | | （附註1） （「Fast Top」） | 405,063,291 | 18.03 | 405,063,291 | 18.03 | | 公眾股東 | 478,710,671 | 21.31 | 561,647,183 | 25.00 | | 總計 | 2,246,588,726 | ...

Group 1 - The core viewpoint of the news highlights the performance of the Hang Seng Index and the stock price movement of Shango New Energy, which saw an increase of 11.11% despite underperforming the index year-to-date [1] - As of June 30, 2025, Shango New Energy reported total revenue of 2.4 billion yuan, a slight decrease of 0.22% year-on-year, while net profit attributable to shareholders was 287 million yuan, reflecting a growth of 3.96% [1] - The company's gross profit margin stands at 50.15%, with a debt-to-asset ratio of 60.17%, indicating a moderate financial leverage position [1] Group 2 - Shango New Energy is actively expanding its clean energy business, including solar and wind power, while exploring other areas such as energy storage and hydrogen production, aiming to become a leading player in the industry [2] - The company has established clean energy projects across more than 20 provinces in China and is also looking to expand into international markets [2] - Shango New Energy emphasizes technological innovation and environmental protection as core responsibilities, aiming to contribute to a sustainable energy transition and the construction of a "Beautiful China" [2]

Core Viewpoint - The company reported a decrease in operational power generation for the projects it holds or manages, while showing an increase in cumulative operational power generation for the year-to-date period compared to the previous year [1] Group 1: Operational Performance - The operational power generation for the group, its associates, and joint ventures is approximately 459.26 thousand megawatt-hours in September 2025, representing a decline of 16.4% compared to the same period in 2024 [1] - From January to September, the cumulative total operational power generation for the group, its associates, and joint ventures is about 5.276 million megawatt-hours, reflecting an increase of approximately 5.0% compared to the same period in 2024 [1]

Core Insights - The company, Shandong High New Energy (01250), reported an operational power generation of approximately 459.26 thousand megawatt-hours (MWh) for the projects held and/or managed by the group, its associates, and joint ventures in September 2025, representing a decrease of 16.4% compared to the same period in 2024 [1] - From January to September, the cumulative total operational power generation of the group, its associates, and joint ventures was approximately 5.276 million MWh, showing an increase of about 5.0% compared to the same period in 2024 [1]

Core Viewpoint - The company reported a projected operational power generation of approximately 459,260 MWh for its projects held or managed by the group and its associates by September 2025, representing a 16.4% decrease compared to the same period in 2024 [1] - For the nine months ending September 30, 2025, the cumulative operational power generation of the group and its associates is approximately 5,276,007 MWh, reflecting a growth of about 5.0% compared to the same period in 2024 [1] Summary by Category - **Operational Power Generation Forecast** - Projected operational power generation for September 2025 is about 459,260 MWh, down 16.4% from 2024 [1] - **Cumulative Operational Power Generation** - Total operational power generation for the nine months ending September 30, 2025, is approximately 5,276,007 MWh, up 5.0% from 2024 [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。 （於開曼群島註冊成立之有限公司） （股份代號：01250） 二零二五年九月發電量之概要 山高新能源集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）為了讓本公司 的股東及潛在投資者了解本集團的最新業務發展而刊發本自願性公告。 本公司董事（「董事」）會（「董事會」）宣佈，根據本公司現有的初步統計，二零二五 年九月本集團、其聯營公司及合營企業所持有及╱或管理的項目之營運發電量約 459,260兆瓦時（「兆瓦時」），較二零二四年同期下降16.4%。截至二零二五年九月 三十日止九個月，本集團、其聯營公司及合營企業所持有及╱或管理的項目累計總 營運發電量約5,276,007兆瓦時，較二零二四年同期增長約5.0%。 1 其中，本集團的集中式光伏發電站及風力發電站之發電量詳情如下： | | 二零二五年 | 二零二四年 | | 本期間 | 二零二四年 | | | --- | --- | --- | --- | - ...

Group 1 - Hong Kong photovoltaic stocks experienced a significant rise, with Xinyi Solar increasing by over 5% and Fuyao Glass by 4.38% [1] - Major progress has been made in addressing the issue of overcapacity in the photovoltaic sector, with leading companies negotiating mergers and acquisitions with smaller firms [1] - GCL-Poly Energy's chairman announced that 17 silicon material companies have agreed to form a consortium, expected to be established by 2025 [1] Group 2 - The consortium will consist of no more than 10 leading silicon material companies and financial institutions, aiming to create a platform company for silicon materials [1] - The platform company will acquire the production capacity of other silicon material companies, with options for these companies to either invest in the platform or be bought out [1] - The industry anticipates that this initiative will rapidly reduce the production capacity within the silicon material sector and coordinate production and sales across the industry [1]