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) | 01298 | 說明 | 普通股 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | | 本月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | | 40,000,000 | 本月底法定/註冊股本總額： USD 40,000,000 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 ...

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: 雲能國際股份有限公司 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) | 01298 | 說明 | 普通股 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | | 本月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | | 40, ...

Core Viewpoint - Yuneng International (01298) reported a significant decline in revenue and an increase in net loss for the mid-year results of 2025, primarily due to decreased demand for agricultural products, including Sanqi [1] Financial Performance - Revenue for Yuneng International was approximately HKD 152.5 million, representing a year-on-year decrease of 30.3% [1] - The net loss amounted to HKD 2.655 million, which is a year-on-year increase of 748% [1] - Earnings per share showed a loss of HKD 0.0096 [1] Factors Affecting Performance - The decrease in revenue was attributed to reduced demand for several agricultural products, including Sanqi [1] - The increase in net loss was due to lower income and gross profit from the supply chain business, as well as an increase in income tax related to the supply chain operations [1]

Core Insights - Cloud Energy International (01298) has reported a significant decline in revenue and an increase in net loss for the first half of 2025, indicating challenges in its supply chain business and reduced demand for agricultural products [1] Financial Performance - The company recorded a revenue of approximately HKD 152.5 million, representing a year-on-year decrease of 30.3% [1] - Net loss amounted to HKD 2.655 million, which is a substantial increase of 748% compared to the previous year [1] - Earnings per share showed a loss of 0.96 HKD cents [1] Market Activity - On October 24, shareholders of Cloud Energy International deposited shares into Baoxin Securities, with a total market value of HKD 18.5204 million, accounting for 6.86% of the company [1] Demand and Supply Chain Issues - The decline in revenue is primarily attributed to reduced demand for several agricultural products, including Sanqi [1] - The increase in net loss is linked to decreased income and gross profit from the supply chain business, as well as an increase in income tax related to this business [1]

公司名稱: 雲能國際股份有限公司 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 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) | 01298 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | 40,000,000 | 本月底法定/註冊股 ...

Revenue Performance - For the first half of 2025, the distribution business generated revenue of HKD 20.7 million, a significant increase of 567.7% compared to HKD 3.1 million in the first half of 2024[12]. - Overall revenue for the first half of 2025 was HKD 152.5 million, down 30.3% from HKD 218.8 million in the first half of 2024, primarily due to reduced demand for certain agricultural products[13]. - The supply chain business faced challenges, with revenue decreasing by 38.9% to HKD 131.9 million from HKD 215.7 million in the same period last year[12]. - Distribution business segment revenue for the six months ended June 30, 2025, was HKD 20,661,000, compared to HKD 3,094,000 for the same period in 2024, showing a significant increase[73]. - Supply chain business segment revenue for the six months ended June 30, 2025, was HKD 131,885,000, down from HKD 215,716,000 in 2024, indicating a decline of approximately 39%[73]. - Revenue from customers in China (including Hong Kong and Macau) for the six months ended June 30, 2025, was HKD 152,256,000, down from HKD 161,229,000 in 2024, reflecting a decrease of approximately 5%[75]. Profitability and Loss - Gross profit for the first half of 2025 decreased by 17.7% to HKD 5.1 million from HKD 6.2 million in the first half of 2024, with a gross margin of 3.4% compared to 2.8% in the previous year[15]. - The group reported a loss of HKD 2.7 million for the first half of 2025, compared to a loss of HKD 0.3 million in the same period of 2024, mainly due to decreased demand for certain agricultural products[21]. - The group reported a pre-tax loss of HKD 1,425,000 for the six months ended June 30, 2025, compared to a loss of HKD 313,000 in 2024[73]. - The group reported a net comprehensive loss attributable to equity holders of the parent of HKD (1,037,000) compared to a loss of HKD (974,000) for the same period in 2024, reflecting an increase in loss of approximately 6.5%[56]. - The group reported a loss attributable to equity holders of HKD 2,655,000 for the first half of 2025, compared to a loss of HKD 313,000 in the first half of 2024[55]. Expenses and Costs - The cost of sales for the first half of 2025 decreased by 30.7% to HKD 147.4 million, aligning with the revenue decline[14]. - Sales and distribution expenses rose by 80.0% to HKD 1.8 million from HKD 1.0 million in the first half of 2024, mainly due to increased freight costs associated with coal sales activities in the Chinese market[17]. - Administrative expenses increased by 1.9% to HKD 5.3 million from HKD 5.2 million in the first half of 2024, primarily due to higher legal and professional fees[18]. - The financing cost for the first half of 2025 increased by 50.0% to HKD 1.8 million from HKD 1.2 million in the first half of 2024, attributed to higher loan interest rates[20]. Assets and Liabilities - As of June 30, 2025, trade receivables decreased by 37.0% to HKD 104.7 million from HKD 141.7 million as of December 31, 2024, due to reduced revenue from the supply chain business[23]. - The group’s current assets net value as of June 30, 2025, was HKD 122.4 million, with a current ratio of 1.6 compared to 1.5 as of December 31, 2024[25]. - The total liabilities decreased to HKD 215,904,000 as of June 30, 2025, down from HKD 250,607,000 at the end of 2024, representing a reduction of approximately 13.8%[57]. - The company’s net asset value as of June 30, 2025, was HKD 163,080,000, slightly down from HKD 164,117,000 at the end of 2024, indicating a decrease of about 0.6%[57]. - Trade payables as of June 30, 2025, were HKD 52,355,000, down 5.1% from HKD 54,455,000 as of December 31, 2024[94]. Investments and Future Plans - The company signed distribution contracts totaling RMB 17 million in the first half of 2025, with plans to sign an additional RMB 20 million in the second half[10]. - The group plans to expand its distribution business in Southwest China, leveraging resources from Yunnan Energy Investment Group to increase sales contracts in the second half of 2025 compared to the same period last year[37]. - The group aims to establish long-term supply agreements in the coal and traditional Chinese medicine sectors to ensure stable large-scale trade[38]. - The group is actively exploring green energy project investments in Yunnan and Southeast Asia, focusing on renewable energy sectors such as photovoltaics and hydropower[40]. - The group plans to enhance its supply chain business in South Asia and Southeast Asia, leveraging Yunnan Energy Investment Group's resources to develop energy infrastructure projects[41]. Corporate Governance and Compliance - The board did not recommend or declare any interim dividend for the first half of 2025[34]. - The audit committee reviewed the group's unaudited interim results for the first half of 2025 and found no objections to the accounting principles adopted[48]. - The company has complied with the applicable provisions of the Hong Kong Corporate Governance Code during the first half of 2025[50]. - The group did not declare any interim dividend for the six months ended June 30, 2025, consistent with the previous year[86]. Employee and Management Information - Employee benefits expenditure for the first half of 2025 was approximately HKD 2.4 million, with a total of 25 employees as of June 30, 2025[36]. - Total remuneration for key management personnel was HKD 553,000 for the six months ended June 30, 2025, a decrease of 5.9% from HKD 588,000 in 2024[109]. - Short-term employee benefits for key management personnel were HKD 544,000 for the six months ended June 30, 2025, down from HKD 579,000 in 2024, reflecting a decrease of 6.0%[109]. - Retirement benefits for key management personnel remained stable at HKD 9,000 for both periods[109].

截至月份: 2025年8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: 雲能國際股份有限公司 呈交日期: 2025年9月2日 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 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) | 01298 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 800,000,000 | USD | | 0.05 | USD | | 40,000,000 | 本月底法定/註冊股本 ...

Core Insights - Yuneng International (01298) reported a mid-year performance for 2025, with revenue of approximately HKD 152.5 million, representing a year-on-year decrease of 30.3% [1] - The company experienced a net loss of HKD 2.655 million, which is an increase of 7.48 times compared to the previous year [1] - Earnings per share showed a loss of HKD 0.0096 [1] Revenue Analysis - The decline in revenue is primarily attributed to reduced demand for several agricultural products, including Sanqi [1] - The decrease in revenue has negatively impacted the supply chain business, leading to a reduction in gross profit [1] Loss Factors - The increase in net loss is mainly due to decreased demand for certain agricultural commodities, which has affected both revenue and gross profit from the supply chain business [1] - Additionally, there has been an increase in income tax related to the supply chain business, contributing to the overall loss [1]

Core Viewpoint - Yuneng International (01298) reported a significant decline in revenue and an increase in net loss for the first half of 2025, indicating challenges in the agricultural supply chain and reduced demand for certain products [1] Financial Performance - Revenue for the first half of 2025 was approximately HKD 152.5 million, representing a year-on-year decrease of 30.3% [1] - The net loss amounted to HKD 2.655 million, which is a year-on-year increase of 748% [1] - Earnings per share reflected a loss of HKD 0.0096 [1] Operational Challenges - The decrease in revenue was primarily attributed to reduced demand for several agricultural products, including Sanqi [1] - The increase in net loss was driven by decreased revenue and gross profit from the supply chain business, along with an increase in income tax related to the supply chain operations [1]

[Announcement Details](index=1&type=section&id=Announcement%20Details) This announcement presents the unaudited interim results of Yunnan Energy International Co. Limited for the six months ended June 30, 2025 [Interim Results Announcement](index=1&type=section&id=Interim%20Results%20Announcement) This announcement presents the unaudited interim results of Yunnan Energy International Co. Limited for the six months ended June 30, 2025 - Company Name: Yunnan Energy International Co. Limited[2](index=2&type=chunk) - Reporting Period: Six months ended June 30, 2025 (first half of 2025)[2](index=2&type=chunk)[3](index=3&type=chunk) - Report Type: Unaudited condensed consolidated interim results announcement[2](index=2&type=chunk)[3](index=3&type=chunk) [Unaudited Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Unaudited%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) [Profit or Loss and Other Comprehensive Income Overview](index=2&type=section&id=Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income%20Overview) H1 2025 profit or loss shows revenue and gross profit declines, with loss attributable to owners of the parent significantly increasing Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (Six Months Ended June 30) | Metric | 2025 H1 (Thousand HKD) | 2024 H1 (Thousand HKD) | Change (Thousand HKD) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | Revenue | 152,546 | 218,810 | (66,264) | -30.3% | | Cost of Sales | (147,419) | (212,621) | 65,202 | -30.7% | | Gross Profit | 5,127 | 6,189 | (1,062) | -17.2% | | Other Income and Gains, Net | 1,781 | 1,142 | 639 | 56.0% | | Selling and Distribution Expenses | (1,803) | (1,029) | (774) | 75.2% | | Administrative Expenses | (5,319) | (5,213) | (106) | 2.0% | | Net Reversal of Impairment Losses on Financial Assets / (Impairment Losses) | 545 | (172) | 717 | -416.9% | | Finance Costs | (1,756) | (1,206) | (550) | 45.6% | | Loss Before Tax | (1,425) | (313) | (1,112) | 355.3% | | Income Tax | (1,230) | – | (1,230) | N/A | | Loss for the Period Attributable to Owners of the Parent | (2,655) | (313) | (2,342) | 748.2% | | Total Comprehensive Loss for the Period Attributable to Owners of the Parent | (1,037) | (974) | (63) | 6.5% | | Basic and Diluted Loss Per Share (HK cents) | (0.96) | (0.11) | (0.85) | 772.7% | [Unaudited Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Unaudited%20Condensed%20Consolidated%20Statement%20of%20Financial%20Position) [Financial Position Overview](index=4&type=section&id=Financial%20Position%20Overview) H1 2025 financial position shows non-current assets up, current assets and liabilities down, and total equity slightly lower Condensed Consolidated Statement of Financial Position (As of June 30) | Metric | June 30, 2025 (Thousand HKD) | Dec 31, 2024 (Thousand HKD) | Change (Thousand HKD) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | **Assets** | | | | | | Total Non-current Assets | 52,308 | 40,982 | 11,326 | 27.6% | | Total Current Assets | 326,676 | 373,742 | (47,066) | -12.6% | | **Liabilities** | | | | | | Total Current Liabilities | 204,296 | 250,607 | (46,311) | -18.5% | | Total Non-current Liabilities | 11,608 | – | 11,608 | N/A | | **Equity** | | | | | | Total Equity | 163,080 | 164,117 | (1,037) | -0.6% | [Notes to the Unaudited Condensed Consolidated Financial Statements](index=6&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) [Note 1 Company and Group Information](index=6&type=section&id=Note%201%20Company%20and%20Group%20Information) Yunnan Energy International is a Bermuda-incorporated, dual-listed company, ultimately held by Yunnan Energy Investment Group - Company registration: Bermuda[9](index=9&type=chunk) - Listing locations: Hong Kong Stock Exchange (primary listing), Singapore Exchange (secondary listing)[9](index=9&type=chunk) - Ultimate holding company: Yunnan Energy Investment Group Co., Ltd. (a Chinese state-owned enterprise)[10](index=10&type=chunk) [Note 2 Basis of Preparation and Application of New and Revised IFRSs](index=6&type=section&id=Note%202%20Basis%20of%20Preparation%20and%20Application%20of%20New%20and%20Revised%20IFRSs) Interim financial statements, prepared under IAS 34, align with 2024 policies, with no significant impact from new IFRSs, covering distribution and supply chain - Basis of preparation: Prepared in accordance with International Accounting Standard 34 Interim Financial Reporting[11](index=11&type=chunk) - Accounting policies: Consistent with those used in the annual financial statements for the year ended December 31, 2024[11](index=11&type=chunk) - Impact of new standards: Adoption of new and revised IFRSs did not result in significant changes to the Group's accounting policies, financial statement presentation, or amounts[13](index=13&type=chunk) - Principal businesses: Distribution of branded analytical and laboratory instruments and life science equipment (the "Distribution Business") and supply chain business for diversified industrial and consumer products trading (the "Supply Chain Business")[12](index=12&type=chunk) [Note 3 Operating Segment Information](index=7&type=section&id=Note%203%20Operating%20Segment%20Information) The Group operates in Distribution and Supply Chain segments; H1 2025 saw Distribution revenue surge while Supply Chain revenue declined, with China as the primary revenue source - Operating segments: Distribution Business (distribution of analytical instruments, life science and general laboratory instruments and after-sales services) and Supply Chain Business (trading of commodities, diversified industrial and consumer products)[16](index=16&type=chunk) Segment Revenue and Results (Six Months Ended June 30) | Segment | 2025 H1 Revenue (Thousand HKD) | 2024 H1 Revenue (Thousand HKD) | Revenue Change Rate | 2025 H1 Results (Thousand HKD) | 2024 H1 Results (Thousand HKD) | Results Change Rate | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Distribution Business | 20,661 | 3,094 | 567.7% | (215) | (70) | 207.1% | | Supply Chain Business | 131,885 | 215,716 | -38.9% | 1,724 | 3,204 | -46.2% | | **Total** | **152,546** | **218,810** | **-30.3%** | **1,509** | **3,134** | **-51.8%** | Geographical Information: Revenue from External Customers (Six Months Ended June 30) | Region | 2025 H1 Revenue (Thousand HKD) | 2024 H1 Revenue (Thousand HKD) | Change (Thousand HKD) | Change Rate | | :--- | :--- | :--- | :--- | :--- | | China (including Hong Kong and Macau) | 152,256 | 161,229 | (8,973) | -5.6% | | Asia (excluding China) | 290 | 57,581 | (57,291) | -99.5% | | **Total** | **152,546** | **218,810** | **(66,264)** | **-30.3%** | Major Customer Revenue Contribution (Six Months Ended June 30) | Customer | 2025 H1 Revenue (Thousand HKD) | 2024 H1 Revenue (Thousand HKD) | | :--- | :--- | :--- | | Customer A in Supply Chain Business Segment | 55,224 | N/A* | | Customer B in Supply Chain Business Segment | 16,479 | N/A* | | Customer C in Supply Chain Business Segment | 16,217 | N/A* | | Customer D in Supply Chain Business Segment | N/A* | 93,019 | | Customer E in Supply Chain Business Segment | N/A* | 32,486 | | Customer F in Supply