Financial Performance - In the first half of 2025, the company achieved a revenue growth of 5.3% in China, amidst a macroeconomic environment characterized by overcapacity and price competition[10]. - Total revenue for the six months ended June 30, 2025, was approximately RMB 697.14 million, an increase of 33.3% compared to RMB 522.64 million for the same period in 2024[17]. - Revenue for the six months ended June 30, 2025, was RMB 69,714,000, an increase of 33.5% compared to RMB 52,264,000 for the same period in 2024[64]. - Revenue from sales of plate-type denitration catalysts decreased by 80.8% to approximately RMB 7.3 million, primarily due to a decline in average selling price and sales volume[18]. - Revenue from sales of honeycomb denitration catalysts increased by 467.3% to approximately RMB 60.7 million, driven by increased sales volume[19]. - Revenue from sales of automotive denitration catalysts decreased by 52.8% to approximately RMB 1.7 million, mainly due to a significant reduction in sales orders[20]. - Gross profit for the period was approximately RMB 11.9 million, down from RMB 13.5 million in the same period of 2024[21]. - The company reported a loss before tax of RMB 7,062,000, an improvement from a loss of RMB 9,657,000 in the previous year, representing a 26.4% reduction in losses[64]. - The total loss attributable to the company's owners for the six months ended June 30, 2025, was RMB 7,062,000, an improvement from a loss of RMB 9,657,000 in the prior year, representing a reduction of 26.4%[89]. Cost Management - The production of industrial honeycomb and plate catalysts increased, fulfilling 88 orders, while cost control measures were implemented to maintain gross profit levels[13]. - The company is focused on reducing costs through research on raw material performance and equipment optimization, building on achievements from the first half of 2025[16]. - Selling and marketing expenses increased by 10.2% to approximately RMB 13.0 million, accounting for 18.7% of total revenue for the six months ended June 30, 2025[22]. - Administrative expenses decreased by 30.3% to approximately RMB 8.5 million, due to further control of administrative costs[23]. - The cost of inventory recognized as an expense and included in cost of sales was approximately RMB 57,771,000 for the six months ended June 30, 2025, compared to RMB 38,804,000 in the same period last year, indicating an increase of 48.8%[91]. Market and Sales Strategy - The company completed 716 customer inquiries and technical support for catalysts, with 221 formal bids and 92 technical agreements signed, indicating an increase in marketing efforts compared to the previous year[12]. - The company plans to continue optimizing its pricing system and sales incentive structure to expand market contracts in the second half of 2025[16]. - The company aims to strengthen marketing efforts for new catalysts in sectors such as waste incineration and biomass power generation, which are crucial for future business development[16]. - The company made significant breakthroughs in the international market for plate catalysts, receiving widespread recognition for product quality[14]. - The company continues to focus on the design, development, production, and sales of denitration catalysts in China[73]. Human Resources and Development - The company is enhancing internal talent development and external recruitment to support market expansion and new product development[16]. - The company has 186 employees as of June 30, 2025, with total employee compensation amounting to RMB 19.7 million during the period[42]. - The company incurred research and development expenses of RMB 1,471,000, down 36.1% from RMB 2,303,000 in the previous year[64]. - The company is actively considering adopting a new share plan to continue employee incentive measures as the existing stock option plan will expire on October 14, 2025[55]. Financial Position and Assets - As of June 30, 2025, the company's debt-to-asset ratio was 2.2%, down from 2.7% as of December 31, 2024, due to a reduction in borrowings[28]. - Total assets as of June 30, 2025, were RMB 446,022,000, an increase from RMB 436,924,000 as of December 31, 2024[66]. - Total liabilities increased to RMB 324,192,000 from RMB 305,766,000, reflecting a rise of 6.5%[66]. - Cash and cash equivalents rose significantly to RMB 48,041,000 from RMB 18,067,000, indicating a strong liquidity position[66]. - The company’s net assets decreased to RMB 121,830,000 from RMB 131,158,000, a decline of 7.1%[67]. Investments and Commitments - The company has invested approximately RMB 1.9 million in capital expenditures during the period, compared to RMB 6.5 million for the six months ending June 30, 2024[34]. - The company has committed to invest RMB 2,000,000 thousand in a joint venture, holding 40% equity, with RMB 600,000 thousand already injected as of June 30, 2025[101]. - The capital expenditure contracted but not provided for in the financial statements is RMB 3,350 thousand as of June 30, 2025, compared to RMB 2,825 thousand as of December 31, 2024, indicating an increase of approximately 18.6%[101]. Shareholder and Governance - As of June 30, 2025, the company has a total of 592,844,400 shares issued, with key shareholders holding significant stakes: Advant Performance Limited at 42.48% and EEC Technology Limited at 8.62%[47][52]. - The company has no outstanding stock options under its stock option plan as of June 30, 2025, with a total of 49,403,700 options available for grant, representing 8.33% of the issued shares[54]. - The board has proposed not to declare an interim dividend for the period ending June 30, 2024, maintaining the dividend at zero[56]. - The company has complied with the corporate governance code, except for the combined roles of the chairperson and CEO, which the board believes provides strong leadership[58]. Risks and Liabilities - The company has no significant contingent liabilities, guarantees, or litigation as of June 30, 2025[36]. - The company faces minimal foreign exchange risk, primarily related to deposits denominated in euros, HKD, and USD[40]. - The company did not recognize any income tax expense for the six months ended June 30, 2025, due to sufficient tax losses available to offset taxable profits[88]. - There were no significant related party transactions reported for the six months ending June 30, 2025, and June 30, 2024[102].

Core Viewpoint - Dino's Environmental (01452) has entered into a financing lease agreement to enhance liquidity without selling core production assets [1] Group 1: Financing Lease Agreement - The agreement was signed on May 29, 2025, between the lessee (Beijing Dino's Environmental Technology Co., Ltd.) and the lessor (Yongying Financial Leasing Co., Ltd.) [1] - The lessee will sell the leasing assets to the lessor for a total price of RMB 10 million and will lease them back for a total payment of RMB 10.8868 million over a 36-month period [1] - The leased assets include various production equipment such as a vacuum extruder, pre-extruder, rotary cutting machine, and multiple drying kilns [1] Group 2: Business Operations and Funding - The board believes that the financing lease agreement will provide immediate liquidity to meet operational and working capital needs [1] - This arrangement allows the company to retain ownership of its core production equipment while still accessing necessary funds [1]

Core Viewpoint - Dino's Environmental (01452) has entered into a financing lease agreement to enhance liquidity without selling core production assets [1] Group 1: Financing Lease Agreement - The agreement is between the lessee, Beijing Dino's Environmental Technology Co., Ltd., and the lessor, Yongying Financial Leasing Co., Ltd., a subsidiary of Ningbo Bank [1] - The lessee will sell leasing assets for RMB 10 million and lease them back for a total payment of RMB 10.8868 million over a 36-month period [1] Group 2: Assets Involved - The leased assets include various equipment such as a vacuum extruder, pre-extruder, rotary cutter, robotic arm, and multiple drying and production line systems [1] - Specific equipment listed includes a 53-meter double-layer electric heating kiln, a honeycomb catalyst electric heating calciner, and several precision steel mesh production lines [1] Group 3: Strategic Implications - The board believes that this financing lease arrangement will provide immediate liquidity to meet operational and working capital needs [1] - The company aims to maintain ownership of its core production equipment while securing necessary funds for business operations [1]

Core Viewpoint - Dino's Environmental (01452.HK) has entered into a financing lease agreement to enhance liquidity without selling core production assets [1] Group 1: Financing Lease Agreement - The agreement involves a sale of leasing assets for a total consideration of RMB 10 million [1] - The leasing assets will be leased back to the company for a period of 36 months, with total lease payments amounting to RMB 10.8868 million [1] - The board believes this arrangement will provide immediate liquidity to meet operational and working capital needs [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。 DENOX ENVIRONMENTAL & TECHNOLOGY HOLDINGS LIMITED 1452 須予披露交易 融資租賃協議 融資租賃協議 董事（「董事」）會（「董事會」）謹此宣佈，於二零二五年五月二十九日，承租人與出租人 訂立融資租賃協議，詳情載於本公告。 上市規則的涵義 由於有關融資租賃協議項下擬進行交易的最高適用百分比率（定義見上市規則）超過5% 但低於25%，融資租賃協議構成本公司的須予披露交易，並因此須遵守上市規則第14 章下的申報及公告規定，但獲豁免遵守通函及股東批准規定。 融資租賃協議 於二零二五年五月二十九日，承租人（作為賣方）與出租人（作為買方）訂立融資租賃協 議，據此，(i)承租人同意以代價人民幣10,000,000元將租賃資產出售予出租人；及(ii)出租 人同意將租賃資產回租予承租人，租期為36個月，租賃付款總額為人民幣10,886,768元。 日期 ： 二零二五年五月 ...

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8月31日 狀態: 新提交 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) | 01452 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.01 | USD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.01 | USD | | 50,000,000 | 致：香港交易及結算所有限公司 公司名稱: 迪諾斯環保科技控股有限公司 呈交日期: 2025年9月4日 本月底法定/註 ...

Group 1 - The company Dino's Environmental (01452) reported revenue of 69.714 million RMB for the six months ending June 30, 2025, representing a year-on-year increase of 33.39% [1] - The company incurred a loss of 7.062 million RMB during the same period, which is a reduction of 26.87% compared to the previous year [1] - The basic loss per share for the company was 0.012 RMB [1]

Group 1 - The company Dino's Environmental (01452) reported revenue of 69.714 million RMB for the six months ending June 30, 2025, representing a year-on-year increase of 33.39% [1] - The company incurred a loss of 7.062 million RMB during the same period, which is a reduction of 26.87% compared to the previous year [1] - The basic loss per share for the company was 0.012 RMB [1]

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 69,714,000, representing a 33.5% increase from RMB 52,264,000 in the same period of 2024[4] - Gross profit for the same period was RMB 11,943,000, a decrease of 11.2% compared to RMB 13,460,000 in 2024[4] - The company reported a loss before tax of RMB 7,062,000, an improvement from a loss of RMB 9,657,000 in the prior year, indicating a 26.4% reduction in losses[4] - Customer contract revenue for the six months ended June 30, 2025, totaled RMB 69,714,000, compared to RMB 52,264,000 for the same period in 2024, representing a year-over-year increase of approximately 33.5%[14] - Financial income for the six months ended June 30, 2025, was RMB 2,148,000, up from RMB 1,427,000 in 2024, indicating a growth of about 50.5%[16] - The company reported a basic and diluted loss per share of RMB 0.012, an improvement from RMB 0.016 in the previous year[4] - The company reported a loss attributable to owners of the company of RMB 7,062,000 for the six months ended June 30, 2025, an improvement from a loss of RMB 9,657,000 in the same period of 2024, indicating a reduction in losses of approximately 26.5%[19] - The company recorded a gross profit of approximately RMB 11.9 million in the first half of 2025, compared to RMB 13.5 million in the same period of 2024, due to a decline in average selling prices[39] - The company reported a loss attributable to owners of approximately RMB 7.1 million for the period, compared to a loss of approximately RMB 9.7 million in the same period of 2024[43] Assets and Liabilities - Total assets as of June 30, 2025, amounted to RMB 446,022,000, up from RMB 436,924,000 at the end of 2024, reflecting a 2.5% increase[6] - Total liabilities increased to RMB 324,192,000 from RMB 305,766,000, marking a 6% rise[6] - The company's cash and cash equivalents rose significantly to RMB 48,041,000 from RMB 18,067,000, showing a 166.5% increase[5] - Trade receivables decreased to RMB 7,534,000 as of June 30, 2025, from RMB 10,274,000 as of December 31, 2024, showing a decline of approximately 26.7%[23] - Trade payables increased significantly to RMB 54,747,000 as of June 30, 2025, compared to RMB 33,462,000 as of December 31, 2024, representing a rise of about 63.3%[25] - The company's inventory as of June 30, 2025, totaled RMB 311,070,000, compared to RMB 297,545,000 as of December 31, 2024, marking an increase of approximately 4.5%[22] - As of June 30, 2025, the company's net current assets were approximately RMB 88.1 million, a slight decrease from RMB 90.1 million as of December 31, 2024[44] - The total outstanding borrowings as of June 30, 2025, were approximately RMB 9.7 million, down from RMB 11.7 million as of December 31, 2024[45] - The debt-to-asset ratio as of June 30, 2025, was 2.2%, a decrease from 2.7% as of December 31, 2024, primarily due to reduced borrowings[46] Operational Highlights - The company continues to focus on the design, development, production, and sales of denitration catalysts in China, indicating ongoing commitment to market expansion and product development[7] - Revenue from honeycomb denitrification catalysts increased by 467.3% to approximately RMB 60.7 million, compared to RMB 10.7 million in the same period of 2024, primarily due to increased sales volume[37] - Revenue from plate denitrification catalysts decreased by 80.8% to approximately RMB 7.3 million, down from RMB 38.0 million in the same period of 2024, mainly due to a decline in average selling price and sales volume[36] - The company signed 716 catalyst inquiries and technical support requests, completed 221 formal bids, and signed 92 technical agreements and business contracts in the first half of 2025[31] - The company achieved production for 88 orders of industrial honeycomb and plate catalysts in the first half of 2025, with production tasks increased compared to the same period last year[33] Expenses and Cost Management - Research and development expenses decreased to RMB 1,471,000 from RMB 2,303,000, a reduction of 36.1%[4] - Administrative expenses decreased by 30.3% to approximately RMB 8.5 million, down from RMB 12.2 million in the same period of 2024, due to further control of administrative costs[41] - Sales and marketing expenses increased by 10.2% to approximately RMB 13.0 million, compared to RMB 11.8 million in the same period of 2024, primarily due to increased efforts in promoting catalyst products in overseas markets[40] - The total cost of inventory recognized as expenses for the six months ended June 30, 2025, was approximately RMB 57,771,000, compared to RMB 38,804,000 for the same period in 2024, reflecting an increase of around 48.8%[22] Corporate Governance and Compliance - The company did not declare or recommend any dividends for the six months ended June 30, 2025, similar to the situation in the prior year[21] - The board of directors recommended not to declare an interim dividend for the current period, consistent with the previous period where no dividend was declared[59] - The audit committee reviewed the unaudited consolidated interim financial statements for the period, confirming compliance with applicable accounting standards and regulations[64] - The company has complied with the corporate governance code, except for the separation of the roles of chairman and CEO, which the board believes provides strong leadership[60] - The company updated its nomination committee's terms of reference on June 25, 2025, to comply with listing rules[61] - All directors confirmed compliance with the standard code of conduct for securities transactions during the period[62] Employee and Training Initiatives - As of June 30, 2025, the group had 186 employees, an increase from 184 employees as of December 31, 2024, with total employee compensation amounting to RMB 197 million, up from RMB 157 million for the six months ended June 30, 2024[57] - The company has adopted a stock option plan since October 14, 2015, to enhance employee retention and motivation[57] - The company has established an annual training program for employees to improve their skills and ensure new hires are adequately trained[57] Future Outlook and Plans - The company plans to continue optimizing its pricing system and sales incentive structure to expand market contracts in the second half of 2025[34] - The company is focusing on the development and marketing of new catalysts in the fields of waste incineration power generation, biomass power generation, and gas power generation[34] - The company plans to utilize the remaining balance of net proceeds for operational and general corporate purposes by the first quarter of 2027[50] Miscellaneous - The company did not purchase, sell, or redeem any listed securities during the period, and there were no treasury shares as of June 30, 2025[58] - The interim results announcement and report for the six months ended June 30, 2025, will be published on the company's and the stock exchange's websites by the end of September 2025[65] - The macroeconomic environment in China showed a GDP growth of 5.3% in the first half of 2025, with challenges such as overcapacity and price competition impacting overall economic performance[29]

Core Viewpoint - Dinos Environmental (01452.HK) announced that its board meeting will be held on August 29, 2025, to discuss various matters including the approval of the unaudited interim results for the six months ending June 30, 2025 [1] Group 1 - The board will consider and approve the unaudited interim results and interim report for the six months ending June 30, 2025, which will be published on the Hong Kong Stock Exchange and the company's website [1] - The board will also consider the proposal for an interim dividend distribution, if any [1] - Other matters will be addressed during the meeting [1]