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。 Taizhou Water Group Co., Ltd.* 台州市水務集團股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：1542） 終止有關建議設立該基金之主要及關連交易 茲提述台州市水務集團股份有限公司（「本公司」）日期為2025年12月5日有關（其 中 包 括）有關建議設立該基金之主要及關連交易的公告（「該公告」）。除 另 有 說 明 外，本 公 告 所 用 詞 彙 與 該 公 告 所 界 定 者 具 有 相 同 涵 義。 董 事 會 宣 佈，經 審 慎 考 慮 後，本 公 司 決 定 不 再 就 有 關 建 議 設 立 該 基 金 訂 立 基 金 合夥協議（「建議交易」）。截 至 本 公 告 日 期，本 公 司 尚 未 就 建 議 交 易 訂 立 任 何 具 約 束 力 協 ...

FF301 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12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: 台州市水務集團股份有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01542 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000 | RMB | | 1 | RMB | | 50,000,000 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 50,000,000 | RMB | | 1 | RMB | | 50,000,000 | | 2. 股份分類 ...

台州市水務集團股份有限公司 Taizhou Water Group Co., Ltd.* （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） 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。 承董事會命 台州市水務集團股份有限公司 主席兼執行董事 楊 俊 中國台州 2025年12月30日 （股 份 代 號：1542） 延遲寄發通函 茲提述台州市水務集團股份有限公司（「本公司」）日期為2025年12月5日有關（其 中 包 括）(i)建 議 委 任 非 執 行 董 事 及 提 名 委 員 會 成 員；(ii)建議透過非公開定向發 行 方 式 發 行 債 務 融 資 工 具；(iii)建議授權董事會或執行董事辦理發行2025年 非 公 開 定 向 債 務 融 資 工 具 之 相 關 事 項；(iv)建 議 增 加 附 屬 公 司 註 冊 資 本；及(v)有 關建議設立該基金之 ...

Core Viewpoint - Taizhou Water (01542.HK) announced a proposal to establish a fund with a target size of RMB 1.01 billion, with the company's capital commitment of RMB 200 million, representing 19.8% of the total fund commitment [1] Company Summary - The company has a market capitalization of HKD 64 million, ranking 15th in the water utility II industry [1] - Key financial metrics for Taizhou Water compared to the industry average are as follows: - Return on Equity (ROE): -9.9% vs. industry average of 1.5%, ranking 13th [1] - Market capitalization: HKD 64 million vs. industry average of HKD 5.682 billion, ranking 15th [1] - Revenue: RMB 575 million vs. industry average of RMB 4.687 billion, ranking 11th [1] - Net Profit Margin: -8.74% vs. industry average of -4.06%, ranking 13th [1] - Gross Profit Margin: 18.88% vs. industry average of 36.71%, ranking 14th [1] - Debt Ratio: 83.12% vs. industry average of 174.52%, ranking 16th [1] Industry Summary - There has been low attention from investment banks towards Taizhou Water, with no ratings provided in the last 90 days [1]

Group 1 - The core point of the article is that Taizhou Water (01542.HK) announced the establishment of Binhai Water, which is a subsidiary with a registered capital of RMB 300 million, primarily engaged in the financing, construction, and operation management of water diversion projects in Taizhou City [1] - As of the announcement date, Binhai Water is owned 51% by the company and 49% by Taizhou Urban Water, with a paid-in capital of RMB 300 million [1] - The water diversion project has been supplying water since October 2022 [1] Group 2 - The stock has low attention from investment banks, with no ratings given in the past 90 days [1] - Taizhou Water has a market capitalization of HKD 64 million, ranking 15th in the water utility II industry [1] - Key financial indicators show that Taizhou Water has a negative ROE of -9.9%, a net profit margin of -8.74%, and a debt ratio of 83.12%, which are below industry averages [1]

Core Viewpoint - Taizhou Water (01542.HK) aims to optimize its capital structure and reduce financial costs through a non-public issuance of debt financing tools, which was approved by shareholders in December 2022 [1] Group 1: Company Actions - The company has received approval from the China Interbank Market Dealers Association for the issuance of non-public debt financing tools with a registered amount not exceeding RMB 1 billion [1] - As of the announcement date, the company has issued three phases of non-public debt financing tools, each amounting to RMB 150 million, with one phase set to mature on January 7, 2026 [1] Group 2: Market Position and Financial Metrics - Taizhou Water has a market capitalization of HKD 64 million, ranking 15th in the water utility II industry [1] - Key financial metrics compared to the industry average are as follows: - Return on Equity (ROE): -9.9% vs. industry average of 1.5% [1] - Market capitalization: HKD 64 million vs. industry average of RMB 5.682 billion [1] - Revenue: RMB 575 million vs. industry average of RMB 4.687 billion [1] - Net Profit Margin: -8.74% vs. industry average of -4.06% [1] - Gross Margin: 18.88% vs. industry average of 36.71% [1] - Debt Ratio: 83.12% vs. industry average of 174.52% [1] Group 3: Analyst Attention - There has been low attention from investment banks, with no ratings given in the past 90 days [1]

Core Viewpoint - Taizhou Water (01542) announced a board resolution to establish a fund partnership agreement with several local investment entities, aiming for an initial fund size of RMB 1.01 billion, with the company contributing RMB 200 million, representing 19.8% of the total commitment [1] Group 1: Fund Establishment - The fund is designed to attract industry investment and support projects by mobilizing social capital and management resources [1] - The focus industries for the fund include automotive and healthcare, aligning with municipal market reforms to enhance the strategic value of the group within the state-owned asset system [1] Group 2: Policy Support - Recent national policies have encouraged mergers and acquisitions as tools for industrial upgrading and technological innovation, with specific support for listed companies to engage in supply chain mergers [1] - Local policies in Zhejiang Province and Taizhou have been introduced to promote the establishment of merger funds, guiding state-owned capital towards strategic emerging industries [1] Group 3: Regional Economic Context - Taizhou has 72 A-share listed companies, with 80% having a market value below RMB 10 billion and lacking large-scale leading enterprises [1] - The project reflects the proactive response of Taizhou's state-owned enterprises to national and local policies, fulfilling corporate responsibilities and promoting high-quality regional industrial development [1]

Core Viewpoint - Taizhou Water (01542) announced a capital increase of RMB 300 million in its subsidiary Binhai Water, aimed at enhancing infrastructure and operational capabilities in water management solutions [1] Group 1: Company Structure and Operations - Binhai Water was established on June 7, 2016, with a registered capital of RMB 300 million, and is currently owned 51% by the company and 49% by Taizhou Urban Water [1] - As of the announcement date, Binhai Water has a paid-in capital of RMB 300 million and primarily engages in the financing, construction, and operational management of water diversion projects in Taizhou City, which began supplying water in October 2022 [1] Group 2: Capital Increase Details - The board approved a capital increase of RMB 300 million to Binhai Water, with the company contributing RMB 153 million and Taizhou Urban Water contributing RMB 147 million [1] - Following the capital increase, Binhai Water's registered capital will rise to RMB 600 million, pending approval from shareholders at a special general meeting [1] Group 3: Strategic Implications - The capital investment is strategically aimed at upgrading infrastructure, optimizing operational capabilities, and strengthening diversified water management solutions [1] - The company believes that this investment will significantly enhance core business and management practices related to the water diversion project, thereby improving overall operational efficiency and aligning with long-term strategic goals [1]

Group 1 - The company Taizhou Water (01542) has announced a proposal to establish a fund with an initial suggested scale of RMB 1.01 billion, with the company's capital commitment being RMB 200 million, accounting for 19.8% of the total fund commitment [1] - The fund aims to attract industrial investment and support projects by mobilizing social capital, focusing on key industries such as automotive and healthcare, while enhancing the strategic value of the group within the state-owned asset system [1] - National policies have been continuously introduced to encourage mergers and acquisitions as tools for industrial upgrading and technological innovation, with specific support for listed companies to engage in mergers around supply chains [2] Group 2 - Taizhou has 72 A-share listed companies, but 80% of them have a market capitalization of less than RMB 10 billion, indicating a lack of leading enterprises in the region [2] - The project reflects the proactive response of state-owned enterprises in Taizhou to national and local policies, fulfilling corporate responsibilities and promoting high-quality regional industrial development [2]

Core Viewpoint - Taizhou Water (01542) announced a capital increase of RMB 300 million in its subsidiary Binhai Water, aimed at enhancing infrastructure and operational capabilities in water management solutions [1] Group 1: Company Overview - Binhai Water was established on June 7, 2016, with a registered capital of RMB 300 million, and is currently a subsidiary of Taizhou Water and Taizhou Urban Water, holding 51% and 49% equity respectively [1] - As of the announcement date, Binhai Water has a paid-up capital of RMB 300 million and has been supplying water since October 2022 [1] Group 2: Capital Increase Details - The board approved a capital increase of RMB 300 million on December 5, 2025, with Taizhou Water and Taizhou Urban Water contributing RMB 153 million and RMB 147 million respectively [1] - Following the capital increase, Binhai Water's registered capital will rise to RMB 600 million, pending approval from shareholders at a special general meeting [1] Group 3: Strategic Implications - The capital investment will be strategically used for infrastructure upgrades, operational optimization, and enhancing diversified water management solutions [1] - The company believes that this investment will significantly strengthen core business and management practices related to the water diversion project, thereby improving overall operational efficiency and aligning with long-term strategic goals [1]