香港交易及結算所有限公司與香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不作任何陳述，並明確聲明概不承擔因本公告全部或任何部分內容而產生或因 倚賴該等內容所引致之任何損失之任何責任。 發行可換股債券之理由及裨益 本集團主要從事：(i) 全球碳中和業務，專注於碳信用資產交易、碳信用及碳資產開發、碳 中和相關領域之管理與投資，以及碳諮詢與規劃；利用基於區塊鏈的雙碳數位控制平台連接 和調動整個雙碳鏈資源，以支援雙碳經濟的可持續發展； (ii) 基於「綠色金融開放平台」 的綠色發展平台，提供 ESG 相關服務；及(iii) 土木工程、建築工程及維修保養工程。 本公告僅供參考，並不構成要約或邀請認購、購買或認購本公司任何證券。 （於開曼群島註冊成立之有限公司） （股份代號：1372） 根據特別授權下完成發行可換股債券 本公告乃由中國碳中和發展集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）作出。 茲提述本公司於二零二五年五月三十日及二零二五年十月三十一日刊發有關根據特別授權發 行可換股債券之公告（「該公告」）。 除本公告另有界定者外，本公告所用詞彙與該公告所界 定者具有相同涵義。 完成發行 ...

Group 1 - The core announcement is that China Carbon Neutrality (stock code: 1372) plans to raise funds through the issuance of 32,000,000 new shares, amounting to approximately HKD 48 million [1] - The subscription price for the new shares is set at HKD 1.50, which represents a discount of about 4.5% compared to the closing price of HKD 1.57 on the previous trading day, and a discount of approximately 1.6% compared to the average closing price over the last five trading days [1] - The newly issued shares will account for approximately 4.98% of the existing issued share capital and approximately 4.74% of the enlarged share capital after the completion of the issuance [1] Group 2 - The funds raised will be used for general working capital and to improve the financial condition of the company [1] - China Carbon Neutrality is primarily engaged in global carbon neutrality business, including carbon credit asset trading, ecological governance, civil engineering, and green credit digital technology [1] - The issuance is conducted under the general authorization granted by the shareholders' meeting and is expected to be completed within ten business days after the fulfillment of the necessary conditions [1]

Core Viewpoint - China Carbon Neutral (01372) has entered into a subscription agreement for a total of 32 million shares at a subscription price of HKD 1.50 per share, aimed at expanding its global carbon neutrality business and improving financial stability [1][2] Group 1: Subscription Agreement Details - The total number of shares subscribed is 32 million, representing approximately 4.98% of the existing issued share capital as of the announcement date, and about 4.74% of the issued share capital after the subscription [1] - The subscription price of HKD 1.50 per share reflects a discount of approximately 4.46% compared to the closing price of HKD 1.57 on the date of the agreement [1] Group 2: Financial Implications - The total nominal value of the subscribed shares will be HKD 48 million, with net proceeds from the subscription expected to be approximately HKD 48 million after deducting applicable costs and expenses [2] - The funds raised will be utilized for general working capital and business development, aimed at improving the company's financial condition [2]

Core Viewpoint - The company has entered into a subscription agreement for 32 million shares at a price of HKD 1.50 per share, aimed at raising funds to support its global carbon neutrality business expansion and improve financial stability [1][2] Group 1: Subscription Agreement Details - The total number of shares subscribed is 32 million, representing approximately 4.98% of the existing issued share capital as of the announcement date, and about 4.74% of the issued share capital post-expansion [1] - The subscription price of HKD 1.50 per share reflects a discount of approximately 4.46% compared to the closing price of HKD 1.57 on the date of the agreement [1] Group 2: Financial Implications - The total nominal value of the subscribed shares will be HKD 48 million, with net proceeds from the subscription expected to be approximately HKD 48 million after deducting applicable costs and expenses [2] - The funds raised will be utilized for general working capital and business development, aimed at improving the company's financial condition [2]

Group 1 - The core point of the article is that Sha Tao has increased his stake in China Carbon Neutral (01372) by acquiring 27.299 million shares at a price of HKD 1.5 per share, totaling approximately HKD 40.9485 million [1] - After the acquisition, Sha Tao's total shareholding in China Carbon Neutral is approximately 157 million shares, representing a holding percentage of 24.35% [1]

Core Viewpoint - China Carbon Neutral (01372.HK) has announced a subscription agreement for the issuance of 32 million shares at a subscription price of HKD 1.50 per share, which represents a discount of approximately 4.46% compared to the closing price on the date of the agreement [1] Group 1 - The subscription agreement is made with a subscriber named Wang Tianlong, and the issuance of the subscription shares does not require shareholder approval [1] - The total of 32 million subscription shares represents approximately 4.98% of the existing issued share capital of the company as of the announcement date, and about 4.74% of the issued share capital after the issuance, assuming no other changes [1] - The net proceeds from the subscription, after deducting all applicable costs and expenses, are expected to be approximately HKD 48 million, with a net issue price of HKD 1.50 per share [1] Group 2 - The company intends to use the proceeds from the subscription for general working capital and business development, as well as to improve the financial condition of the group [1]

（於開曼群島註冊成立之有限公司） （股份代號：1372） 根據一般授權認購新股份 董事會欣然宣佈，於二零二六年一月八日，本公司（作為發行人）與一名認購人就以認購價每股 1.50 港元認購合共 32,000,000 股認購股份訂立一份認購協議。 香港交易及結算所有限公司與香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整 性亦不作任何陳述，並明確聲明概不承擔因本公告全部或任何部分內容而產生或因倚賴該等內容所引 致之任何損失之任何責任。 本公告僅供參考，並不構成要約或邀請認購、購買或認購本公司任何證券。 發行認購股份無須獲股東批准，並將根據股東週年大會授予董事的一般授權進行發行。 鑒於認購事項須待若干條件達成後方可完成，且認購事項未必會進行，股東及潛在投資者於買賣 股份時務請審慎行事。 董事會欣然宣佈，於二零二六年一月八日，本公司（作為發行人）與一名認購人就認購合共 32,000,000 股認購股份（認購價為每股 1.50 港元）訂立一份認購協議。 認購協議 認購協議之主要條款如下： (ii) 王天龍，認購協議下的認購人 認購股份： 合共 32,000,000 股認購股份 認購價： 每股認購股份 1. ...

Market Performance - The Hong Kong stock market opened lower and closed with a slight rebound, with the Hang Seng Index down 1.17% at 26,149.31 points, the Hang Seng Tech Index down 1.05% at 5,678.34 points, and the National Enterprises Index down 1.09% at 9,039.34 points [1] - Major tech stocks declined, with Alibaba down 2.26%, Tencent down 1.36%, JD.com down 2.02%, and Meituan down 3.35% [1] - The semiconductor sector saw gains, with Shanghai Fudan up over 5% and Huahong Semiconductor up over 2% [1] - Coal stocks led the gains, with Jinma Energy up over 11% [1] Company News - Xinyi International (00732.HK) reported a cumulative net operating revenue of approximately HKD 16.534 billion for 2025, a decrease of about 7.3% year-on-year [2] - China Overseas Development (00688.HK) reported a cumulative contract property sales amount of approximately RMB 251.231 billion for 2025, down 19.1% year-on-year [2] - Greentown China (03900.HK) reported a total contract sales amount of approximately RMB 251.9 billion for 2025, a decrease of 9% [2] - China Overseas Hongyang Group (00081.HK) achieved a contract sales amount of RMB 2.57 billion for December 2025, down 43.9% year-on-year [3] Strategic Developments - China Carbon Neutrality (01372.HK) signed a tripartite strategic cooperation agreement with China Tower and China Recycled Resources to jointly create a lithium battery circular economy ecosystem [4] - Guofu Hydrogen Energy (02582.HK) entered into a pre-purchase order agreement for hydrogen energy project equipment in Tasmania, Australia [4] - Lijun Pharmaceutical (01513.HK) had its Lecanemab injection included in the priority review and approval process [4] Stock Buybacks - Xiaomi Group (01810.HK) repurchased 3.9 million shares for HKD 149 million at prices between HKD 38.12 and HKD 38.20 [9] - Tencent Holdings (00700.HK) repurchased 1.023 million shares for HKD 636 million at prices between HKD 615.5 and HKD 628 [9] - Geely Automobile (00175.HK) repurchased 3.388 million shares for HKD 59.156 million at prices between HKD 17.38 and HKD 17.65 [10] Institutional Insights - Guolian Securities remains optimistic about the AI value reassessment trend in China, suggesting a focus on platform-based internet companies with computational resources and model capabilities [12] - Guoyuan International notes that the Hong Kong stock market is currently in a relatively flat period, awaiting further catalysts, with potential inflows of new capital following the announcement of the new Federal Reserve Chairman [13] - Qianhai Open Source's Yang Delong predicts that the Hong Kong stock market, including the Hang Seng Index and Hang Seng Tech Index, may regain upward momentum in 2026, driven by capital inflows [13]

Core Viewpoint - The strategic cooperation agreement signed between China Carbon Neutrality, China Tower Corporation, and China Recycled Resources Development Group aims to explore innovative collaboration models under the carbon neutrality goal, focusing on building a lithium battery recycling ecosystem and contributing to national carbon peak and neutrality strategies [1][2]. Group 1: Strategic Cooperation - The three parties will leverage their respective strengths in resources, technology, market, and industrial synergy to establish a standardized, high-coverage, and efficient lithium battery recycling system [1]. - The collaboration will focus on creating a sustainable lithium circular economy ecosystem and enhancing resource disposal capabilities to build a low-carbon circular industrial cluster [1][2]. Group 2: Future Outlook - The partnership will explore deep cooperation in areas such as energy storage station construction, carbon asset management, and green energy services, aiming to create a green industrial chain covering the entire lifecycle of battery production, usage, recycling, and regeneration [1][2]. - The cooperation is seen as a benchmark initiative for implementing the national dual carbon strategy, aligning with global energy transition and circular economy trends [2]. Group 3: Industry Impact - The collaboration is expected to enhance the group's comprehensive competitiveness in the carbon neutrality industry chain by addressing challenges such as the fragmentation of the lithium battery recycling industry and difficulties in traceability [2]. - By replacing primary minerals with recycled resources, the partnership aims to significantly reduce carbon emissions throughout the battery lifecycle and foster new business models like battery swapping and battery banks, thereby generating sustainable business growth and financial returns for the group [2].

Core Viewpoint - China Carbon Neutrality (01372.HK) has signed a strategic cooperation agreement with China Tower Corporation and China Recycled Resources Development Group, aiming to explore innovative cooperation models under the carbon neutrality goal and promote the construction of a lithium battery circular economy ecosystem [1]. Group 1 - The three parties will leverage their respective advantages in resources, technology, market, and industrial synergy [1]. - The collaboration is based on the principles of "complementary advantages, win-win cooperation, and green development" [1]. - The initiative aligns with the national strategy of "carbon peak and carbon neutrality" [1].