Core Viewpoint - Hengding Industrial (01393) reported a decline in revenue and an increase in losses for the fiscal year 2025, indicating ongoing challenges in the coal market, particularly in coking coal demand and pricing pressure [2]. Financial Performance - The company's revenue for 2025 was approximately 1.939 billion yuan, representing a year-on-year decrease of 10.8% [2]. - The attributable loss to shareholders was about 623 million yuan, which is a slight reduction of 1.8% compared to the previous year [2]. - Basic loss per share was reported at 13.53 cents [2]. Sales and Pricing - The sales volume of premium coal reached approximately 1.598 million tons, showing a year-on-year increase of about 23.3% [2]. - Despite the increase in sales volume, the average selling price of premium coal fell from approximately 1,554.3 yuan per ton in 2024 to about 1,111.6 yuan per ton in the current year, marking a decline of approximately 28.5% [2].

Core Viewpoint - Hengding Industrial (01393.HK) reported a revenue of approximately RMB 1,939.2 million for the fiscal year 2025, reflecting a year-on-year decrease of about 10.8% [1] Group 1: Financial Performance - The company experienced a sales volume of premium coal of approximately 1,598,000 tons in 2025, which is an increase of about 23.3% year-on-year [1] - The average selling price of premium coal dropped from approximately RMB 1,554.3 per ton in 2024 to about RMB 1,111.6 per ton in 2025, marking a decline of approximately 28.5% [1] - The annual loss for 2025 was approximately RMB 623.1 million, which is a reduction of about RMB 12.8 million or approximately 2.0% compared to the loss of RMB 635.9 million in 2024 [1]

Group 1 - The core viewpoint of the article highlights that 恒鼎实业 (01393) reported a revenue of approximately 1.939 billion yuan for the year 2025, representing a year-on-year decrease of 10.8% [1] - The company reported a loss attributable to shareholders of approximately 623 million yuan, which is a year-on-year decrease of 1.8% [1] - The basic loss per share is reported at 13.53 cents [1] Group 2 - During the year, the sales volume of premium coal reached approximately 1.598 million tons, showing a year-on-year increase of about 23.3% [1] - Despite the increase in sales volume, the demand for coking coal remains weak, leading to continued price pressure [1] - The average selling price of premium coal fell from approximately 1,554.3 yuan per ton in 2024 to about 1,111.6 yuan per ton in the current year, reflecting a decline of approximately 28.5% [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。 - 1 - 綜合損益及其他全面收益表 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 人民幣千元 | 人民幣千元 | | 收入 | 4 | 1,939,193 | 2,174,206 | | 銷售成本 | | (1,763,500) | (2,032,718) | | 毛利 | | 175,693 | 141,488 | | 利息收益 | | 26,702 | 17,278 | | 其他收入 | 5 | 34,172 | 31,526 | | 其他收益及虧損 | 6 | (46,342) | (26,407) | | 分銷開支 | | (150,502) | (209,682) | | 行政支出 | | (295,604) | (252,702) | | 應佔一家聯營公司虧損 | | (230) | (6) | | 應佔一家合資公司虧損 ...

Core Viewpoint - Hengding Industrial (01393.HK) announced that it will hold a board meeting on March 31, 2026, to approve the annual performance for the year ending December 31, 2025, and to consider the payment of a final dividend, if any [1] Group 1 - The board meeting is scheduled for March 31, 2026 [1] - The meeting will focus on approving the annual performance of the company and its subsidiaries for the year ending December 31, 2025 [1] - The board will also consider the payment of a final dividend, subject to approval [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。 主席 鮮帆 香港 Hidili Industry International Development Limited 二零二六年三月十七日 （股份代號：01393） 董事會會議通告 Hidili Industry International Development Limited恒鼎實業國際發展有限公司（「本公司」）董 事會（「董事會」）謹此公佈，將於二零二六年三月三十一日（星期二）舉行董事會會議，以 （其中包括）批准本公司及其附屬公司截至二零二五年十二月三十一日止年度業績及有關 發佈，以及考慮派付末期股息（如有）。 承董事會命 恒鼎實業國際發展有限公司 恒鼎實業國際發展有限公司 （於開曼群島註冊成立的有限公司） 於本公告日期，本公司的執行董事為鮮帆先生（主席）、孫建坤先生及莊顯偉先生；本公 司的非執行董事為喬遷女士；以及本公司的獨立非執行董事為陳紹源、黄容生先生及徐 曼珍女士。 ...

FF301 致：香港交易及結算所有限公司 公司名稱: 恒鼎實業國際發展有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年3月2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) | 01393 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.1 HKD | | | 800,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.1 HKD | | | 800,000,000 | | 2. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 ( ...

致：香港交易及結算所有限公司 公司名稱: 恒鼎實業國際發展有限公司 (於開曼群島註冊成立的有限公司) FF301 本月底法定/註冊股本總額： HKD 1,000,000,000 | 增加 / 減少 (-) | | | | | HKD | | --- | --- | --- | --- | --- | --- | | 本月底結存 | | | 8,000,000,000 HKD | 0.1 | HKD 800,000,000 | | 2. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | 否 | | 證券代號 (如上市) | 01393 | 說明 | 不可轉換且無投票權優先股 | | | | | | 法定/註冊股份數目 | | 面值 | 法定/註冊股本 | | 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) | 01393 | 說明 | | | | | | | | | ...

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。 Hidili Industry International Development Limited 本公告乃由恒鼎實業國際發展有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則（「上市規則」）第13.09(1)條以及香港法例第571章證券及期貨條例第XIVA部之內幕 消息條文（定義見上市規則）而作出。 茲提述本公司於二零二五年四月三十日發佈截至二零二四年十二月三十一日止年度的年 報（「年報」）及本公司日期為二零二五年七月三十一日及二零二五年十月三十一日的公告 （「更新公告」）。除文義另有所指外，本公告所用詞彙與年報及更新公告所界定者具有相 同涵義。 誠如年報所述，中匯安達對本集團截至二零二四年十二月三十一日止年度的合併財務報 表出具不發表意見的聲明，該聲明完全源於本集團的持續經營問題。 本公司已於更新公告內就行動計劃的實施情況提供更新，本公告旨在向本公司股東及潛 在投資者提供有關自二零二五年 ...

Group 1 - The coal sector in Hong Kong is experiencing increased activity, with notable stock price rises for companies such as Strength Development (up 3.3%), Yancoal Australia (up 2.8%), and Yanzhou Coal Mining (up 2.6%) [1] - According to a report by Founder Securities, the tightening of supply in the coal industry is becoming a key investment theme, with the oversupply situation expected to reverse as policies to restrict production capacity continue to be implemented until 2026 [1] - Companies with a high proportion of long-term contracts, such as China Shenhua and China Coal Energy, are expected to have stable performance, while undervalued stocks like Yanzhou Coal (Hong Kong) and China Coal Energy (Hong Kong) may see valuation recovery if coal prices remain high [1] Group 2 - Since 2025, coal stocks have been negatively impacted by declining coal prices, but the pessimistic outlook has significantly eased following the issuance of Document No. 108 [1] - The trend of reducing competition remains unchanged, and there are expectations for improved performance in the fourth quarter; if prices maintain high levels, there is potential for performance recovery in 2026 [1]