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 致：香港交易及結算所有限公司 公司名稱: 中國天瑞集團水泥有限公司 呈交日期: 2025年11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) | 01252 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月 ...

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的任何損失承擔任何責任。 （股份代號：1252） （於開曼群島註冊成立的有限公司） 二零二五年十月二十二日上午十時正舉行的股東特別大會 投票表決結果 本公告乃由中國天瑞集團水泥有限公司（「本公司」）根據上市規則第13.39(5)條而作 出。 茲提述本公司日期為二零二五年十月二日的通函（「通函」）及股東特別大會（「股東特 別大會」）通告（「通告」）。除本公告所界定者外，本公告所用詞彙與通函及通告所界 定者具有相同涵義。 股東特別大會投票表決結果 董事會欣然宣佈，通告所載決議案（「決議案」）已於二零二五年十月二十二日（星期 三）上午十時正在中國河南省平頂山市魯山縣上湯村福泉大酒店三樓會議室舉行的 股東特別大會上以投票表決方式正式通過。 於股東特別大會日期，本公司已發行股份總數為3,083,281,647股股份。根據上市規 則，於(1)二零二五年瑞平石龍熟料採購框架協議；(2)二零二五年瑞平石龍原煤供 應框架協議；及(3)二零二五年汝州 ...

Core Points - Carosse Limited reduced its stake in China Tianrui Group Cement Company Limited by selling 18.682 million shares at a price of HKD 0.3675 per share, totaling approximately HKD 6.8656 million [1] - After the sale, Carosse Limited holds approximately 1.627 billion shares, representing a 52.78% ownership stake in the company [1] - The transaction involves other related parties, including Tianrui (International) Holding Company Limited, Tianrui Group Company Limited, Yu Kuo Company Limited, and individuals Li Liufa and Li Fengluan [1]

Core Insights - Carosse Limited reduced its stake in Tianrui Cement (01252) by selling 18.682 million shares at a price of HKD 0.3675 per share, totaling approximately HKD 6.8656 million [1] - After the sale, Carosse Limited's remaining shareholding is approximately 1.627 billion shares, representing a 52.78% ownership stake [1] Related Parties - The transaction involves other related parties including Tianrui (International) Holding Company Limited, Tianrui Group Company Limited, Yu Kuo Company Limited, Li Liufa, and Li Fengluan [1]

Group 1 - Carosse Limited reduced its stake in China Tianrui Group Cement Company Limited by selling 18.682 million shares at a price of HKD 0.3675 per share, totaling approximately HKD 6.8656 million [1] - After the reduction, Carosse Limited's remaining shareholding is approximately 1.627 billion shares, representing a holding percentage of 52.78% [1] - The transaction involves other related parties, including Tianrui (International) Holding Company Limited, Tianrui Group Company Limited, Yu Kuo Company Limited, Li Liufa, and Li Fengluan [1]

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 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) | 01252 | 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 | | | 3,083,281,647 | | 0 | | 3,083,281,647 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 3,083,281,647 | | 0 | | 3,083,281,647 | 公司名稱: 中國天瑞集團水泥有限公司 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股 ...

為中國天瑞集團水泥有限公司（「本公司」）股本中每股面值0.01港元股份 （附註2） 的登記持有人，茲委任股東特別大會主席 （附註3） 或 （股份代號：1252） （於開曼群島註冊成立的有限公司） 二零二五年十月二十二日（星期三）舉行的股東特別大會 （「股東特別大會」）（或其任何續會）之代表委任表格 本人╱吾等 （附註1） 地址為 收集個人資料聲明 閣下是自願提供 閣下及 閣下委任代表的姓名及地址，以用於處理就大會有關 閣下委任代表的任命及投票指示（「該等用途」）。我們可能向 為本公司提供行政、電腦及其他服務的代理人、承辦商或第三者服務供應商，以及其他獲法例授權而要求取得有關資料的人士或其他與上述所 列出的該等用途有關以及需要接收有關資料之人士提供 閣下及 閣下委任代表的姓名及地址。 閣下所提供 閣下及 閣下委任代表的姓名 及地址將就履行上述該等用途所需的時間保留。存取及╱或更正相關個人資料的要求可根據香港法例第486章《個人資料（私隱）條例》條文提出， 而有關要求均須以書面郵寄方式向本公司╱香港中央證券登記有限公司（地址見上文）提出。 股 1. 請用正楷填上全名及地址。 2. 請填上以 閣下名義登記與本代表委 ...

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，並明確表示不會就因本通告全部或任何部 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。 （股份代號：1252） （於開曼群島註冊成立的有限公司） 股東特別大會通告 茲通告中國天瑞集團水泥有限公司（「本公司」）謹訂於二零二五年十月二十二日上午 十時正假座中國河南省平頂山市魯山縣上湯村福泉大酒店三樓會議室舉行股東特別 大會（「股東特別大會」），以考慮並酌情通過下列決議案： 普通決議案 – 1 – 1 「動議 (i) 批准、確認及追認天瑞水泥集團有限公司（「天瑞水泥」）與平頂山瑞平石龍 水泥有限公司（「瑞平石龍」）所訂立日期為二零二五年六月六日的二零二五 年瑞平石龍熟料採購框架協議（「二零二五年瑞平石龍熟料採購框架協議」） （註有「A」字樣之副本已提呈大會，並由大會主席簡簽以資識別），內容有關 瑞平石龍向天瑞水泥及其附屬公司（統稱「水泥集團」）供應熟料，包括但不 限於協議規定購買的熟料； (ii) 批准截至二零二五年、二零二六年及二零二七年十二月三十一日止各年 度，天瑞水泥就購買熟料應付瑞平石龍的 ...

此 乃 要 件 請 即 處 理 閣下對本通函的內容或應採取的行動如有任何疑問，應諮詢持牌證券交易商或註冊證券機構、銀行 經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有中國天瑞集團水泥有限公司股份，應立即將本通函連同隨附的代表委 任表格交予買方或承讓人，或經手出售或轉讓的持牌證券交易商或註冊證券機構或其他代理商，以 便轉交買方或承讓人。 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文件的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示不會就因本文件全部或任何部分內容或因倚賴該等內容而引致 的任何損失承擔任何責任。 （股份代號：1252） （於開曼群島註冊成立的有限公司） 持續關連交易： (1)二零二五年瑞平石龍熟料採購框架協議 (2)二零二五年瑞平石龍原煤供應框架協議 (3)二零二五年汝州煤焦化原煤供應框架協議 及 股東特別大會通告 董事會函件載於本通函第5至18頁。獨立董事委員會函件載於本通函第19至20頁。載有獨立財務顧問 致獨立董事委員會及獨立股東之意見的函件載於本通函第21至39頁。 有關於二零二五年十月二十二日上午十時正假座中國河南省平頂山市魯山縣上湯村福泉大 ...

Financial Performance - For the first half of 2025, the company reported revenue of RMB 2,962.7 million, an increase of approximately RMB 378.9 million or 14.7% compared to RMB 2,583.8 million in the same period of 2024[8] - The company's profit attributable to owners was approximately RMB 73.9 million, up by about RMB 45.6 million or 161.2% from RMB 28.3 million in the same period of 2024[8] - The gross profit for the first half of 2025 was RMB 679.1 million, reflecting a 10.4% increase from RMB 615.1 million in the previous year[7] - The company's basic earnings per share for the first half of 2025 were RMB 0.02, representing an increase of 148.9% compared to RMB 0.01 in the same period of 2024[7] - The company's profit for the first half of 2025 is estimated to reach RMB 150-160 million, a significant turnaround from a loss of RMB 11 million in the same period last year[17] - Profit before tax for the first half of 2025 was approximately RMB 90.0 million, an increase of RMB 59.1 million or approximately 191.5% compared to RMB 30.9 million in the same period of 2024[26] - Net profit attributable to the owners of the company for the first half of 2025 was approximately RMB 73.9 million, an increase of RMB 45.6 million or 161.2% from RMB 28.3 million in the same period of 2024, with a net profit margin of 2.5%, up 1.4 percentage points from 1.1 in the same period of 2024[28] Revenue Breakdown - Revenue from cement sales was approximately RMB 2,235.6 million, up 19.5% from RMB 1,870.2 million in the same period of 2024[18] - The company's sales revenue in the Northeast region increased by 40.9% to RMB 636.9 million compared to RMB 451.9 million in the same period of 2024[19] - Revenue from the Central China segment was RMB 2,325,756,000, representing a year-over-year increase of 9.1%[91] - The Northeast China segment reported revenue of RMB 636,902,000, a significant increase of 40.9% compared to RMB 451,922,000 in 2024[91] Cost and Expenses - The sales cost for the first half of 2025 was approximately RMB 2,283.6 million, an increase of RMB 314.9 million or 16.0% compared to the previous year[20] - Other income for the first half of 2025 was approximately RMB 238.2 million, a decrease of RMB 59.6 million or 20.0% compared to RMB 297.8 million in the same period of 2024, primarily due to a reduction in government subsidies and material sales revenue[22] - Sales and distribution expenses for the first half of 2025 were approximately RMB 58.5 million, down RMB 57.4 million or 49.5% from RMB 115.9 million in the same period of 2024, mainly due to reduced transportation costs[23] - Administrative expenses for the first half of 2025 were approximately RMB 344.5 million, a decrease of RMB 16.8 million or 4.7% from RMB 361.3 million in the same period of 2024, primarily due to reduced R&D expenses and cost-saving measures[24] Assets and Liabilities - Total assets as of June 30, 2025, were RMB 36,351.4 million, a decrease of 2.3% from RMB 37,215.1 million at the end of 2024[7] - Total liabilities decreased by 4.6% to RMB 20,268.4 million from RMB 21,239.6 million at the end of 2024[7] - As of June 30, 2025, the company's debt-to-asset ratio was 55.8%, a decrease of 1.3 percentage points from 57.1% as of December 31, 2024, due to a reduction in borrowings[36] - As of June 30, 2025, cash and cash equivalents decreased to RMB 467.7 million from RMB 915.1 million as of December 31, 2024, primarily due to cash outflows from investing and financing activities[32] - Trade and other receivables as of June 30, 2025, were RMB 20,523.1 million, remaining stable compared to RMB 20,764.4 million as of December 31, 2024[29] Market Conditions - The cement market demand continued to decline over the past three years, but the rate of decline has slowed down in the first half of 2025[8] - The government has set a GDP growth target of around 5% for 2025, which may influence the company's future performance[9] - The company is focusing on high-quality development and expanding its market presence amid ongoing challenges in the real estate sector[9] - The cement industry is expected to face a downward demand trend, with supply-side policies crucial for price recovery and profitability[56] - The cement industry's capacity utilization rate is projected to improve from 53% to around 70% due to effective supply-side measures[56] Strategic Initiatives - The company is actively implementing various efficiency enhancement measures to counteract the pressures from the market environment[8] - The company is implementing energy-saving and low-emission measures in line with national policies to enhance operational efficiency[57] - The company aims to strengthen its market competitiveness through refined management and the promotion of green energy projects[57] - The company plans to continue expanding its market presence and enhancing its product offerings in the cement and aggregate sectors[85] Governance and Compliance - The company has maintained compliance with corporate governance codes and is actively seeking a new CEO since December 2015[72] - The company did not declare an interim dividend for the reporting period[76] - The company has re-complied with listing rules after appointing Mr. Jiang Senlin as an independent non-executive director[73] Related Party Transactions - The group reported significant transactions with related parties, including purchases from Pingdingshan Ruiping Shilong Cement Co., Ltd. amounting to RMB 30,557,000 in the first half of 2025, compared to RMB 6,348,000 in the same period of 2024[114] - Interest income from Xin'an Zhonglian Wanjian Cement Co., Ltd. was RMB 1,672,000 for the first half of 2025, with total related party transactions reaching RMB 32,229,000 compared to RMB 6,348,000 in the previous year[114] - The group provided approved financial guarantees to related parties amounting to approximately RMB 1,540,000,000 as of June 30, 2025, an increase from RMB 1,200,000,000 as of December 31, 2024[115]