Financial Performance - The total revenue for the year ended December 31, 2025, was RMB 139,129,000, a decrease of 6.9% from RMB 148,280,000 in 2024[4] - The gross loss for the year was RMB 2,817,000, improving from a gross loss of RMB 8,968,000 in the previous year[4] - The operating loss increased to RMB 42,267,000 from RMB 38,880,000 in 2024, indicating a worsening operational performance[4] - The net loss for the year was RMB 44,777,000, compared to a net loss of RMB 39,428,000 in 2024, reflecting a 13.4% increase in losses[4] - Basic and diluted loss per share was RMB 0.165, compared to RMB 0.139 in the previous year[4] Revenue Breakdown - Revenue from the sale of pitch control systems and related components was RMB 106,566,000, significantly increasing from RMB 53,669,000 in 2024[14] - Revenue from energy storage business dropped to RMB 10,430,000 from RMB 68,686,000 in the previous year, indicating a decline of 84.8%[14] - The reported revenue for the year ending December 31, 2025, from the sales of pitch control systems and related components was RMB 106,566,000, with total reported segment revenue of RMB 139,129,000[21] - The company’s segment revenue from wind power sales was RMB 18,439,000 for 2025, compared to RMB 15,568,000 in 2024[21] - Revenue from wind power sales in 2025 was approximately RMB 18.4 million, an increase of RMB 2.8 million or approximately 18% compared to 2024, attributed to increased electricity consumption[56] - Revenue from energy storage systems in 2025 was approximately RMB 10.4 million, a decrease of about RMB 58.3 million or approximately 85% compared to 2024, due to changes in the power market and mandatory energy storage policies[57] Assets and Liabilities - The total assets decreased to RMB 256,499,000 from RMB 264,592,000 in 2024, a reduction of 3.6%[6] - The net asset value decreased to RMB 177,620,000 from RMB 222,204,000, reflecting a decline of 20.0%[7] - The company’s total liabilities as of December 31, 2025, were RMB (200,980,000), compared to RMB (176,135,000) in 2024[22] - The asset-liability ratio for 2025 was approximately 53%, an increase of 9% from 44% in 2024, primarily due to increased external borrowings[70] Cash Flow and Financing - The company reported a decrease in cash and cash equivalents to RMB 15,779,000 in 2025 from RMB 51,005,000 in 2024[22] - The company reported a net financing cost of RMB (1,708,000) for 2025, down from RMB (3,200,000) in 2024[22] - The company reported a net financing cost of RMB 1,708,000 in 2025, down from RMB 3,200,000 in 2024, a decrease of about 46.5%[5] - The company received other income of RMB 2,327,000 in 2025, an increase from RMB 1,642,000 in 2024[24] - The group's other income for 2025 was approximately RMB 2.3 million, an increase of RMB 0.7 million or about 44% compared to RMB 1.6 million in 2024[62] Operational Efficiency - Employee costs decreased from RMB 34,258,000 in 2024 to RMB 26,166,000 in 2025, a reduction of approximately 23.7%[5] - The cost of inventory recognized as an expense was RMB 132,519,000 in 2025, down from RMB 141,834,000 in 2024, reflecting a decrease of about 6.6%[29] - In 2025, the group's sales cost was approximately RMB 141.9 million, a decrease of RMB 15.3 million or about 10% compared to 2024[58] - The total depreciation expense for owned properties, plants, and equipment was RMB 13,621,000 in 2025, slightly up from RMB 13,203,000 in 2024[29] Research and Development - The company aims to enhance core technology research and development, focusing on the integration of AI and renewable energy, and plans to apply for national subsidies for new energy technology research and development[53] - The company’s research and development costs included RMB 9,427,000 in cost of sales for 2025, down from RMB 15,214,000 in 2024, a decrease of about 38.2%[29] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules and has complied with all applicable provisions for the year ending December 31, 2025[82] - The audit committee has reviewed the annual performance for the year ending December 31, 2025, in accordance with international financial reporting standards[86] - The audit firm has verified the figures in the preliminary announcement against the audited consolidated financial statements for the year ending December 31, 2025, confirming consistency[87] Future Outlook - The company plans to strengthen operational efficiency and cost control while establishing a dynamic risk assessment mechanism to respond to changes in electricity pricing and grid connection standards[53] - The company will hold its 2026 Annual General Meeting on June 26, 2026[88] - The company will suspend the registration of share transfers from June 23, 2026, to June 26, 2026, to facilitate the upcoming Annual General Meeting[89] - The annual results announcement and annual report for the year ending December 31, 2025, will be published on the company's website and the stock exchange's website[90] Dividends and Securities - The board does not recommend the payment of a final dividend for the year ending December 31, 2025[85] - The company has not purchased, sold, or redeemed any of its listed securities during the year ending December 31, 2025[81] - There are no significant events related to the company's business or financial performance known to the directors as of the report date[80]

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，概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 程里全 China Nature Energy Technology Holdings Limited 中國納泉能源科技控股有限公司 香港，二零二六年三月十六日 （於開曼群島註冊成立之有限公司） （股份代號：1597） 董事會會議日期 中國納泉能源科技控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會 議將於二零二六年三月二十七日（星期五）舉行，以（其中包括）考慮及批准發佈本公 司及其附屬公司截至二零二五年十二月三十一日止年度的年度業績，以及考慮派發 末期股息的建議（如有）。 承董事會命 中國納泉能源科技控股有限公司 主席 於本公告日期，董事會包括兩名執行董事，即程里全先生及程里伏先生；兩名非執 行董事，即李浩先生及程里勤女士；及三名獨立非執行董事，即洪佩瑜女士、康健 先生及李書升先生。 ...

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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就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之任何損失承擔任何責任。 China Nature Energy Technology Holdings Limited 中國納泉能源科技控股有限公司 本公司仍有待敲定本集團於二零二五財政年度的年度業績。於本公告日期，本公告 所載資料僅基於董事會參考未經審核綜合財務報表及董事會目前可得資料而作出的 初步評估，有關資料未經本公司核數師審閱、確認或審核，亦未經本公司審核委員 盈利警告 本公告由中國納泉能源科技控股有限公司（「本公司」，連同其附屬公司統稱「本集 團」）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(2)(a)條及證 券及期貨條例（香港法例第571章）第XIVA部內幕消息條文（定義見上市規則）作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者，根 據本集團未經審核綜合財務報表的初步審閱，本集團預期於截至二零二五年十二月 三十一日止年度（「二零二五財政年度」）錄得虧損 ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國納泉能源科技控股有限公司 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) | 01597 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | 本月底法定/註冊股本總額 ...

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 公司名稱: 中國納泉能源科技控股有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 | 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) | 01597 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | 本月底法定/註冊股本總額 ...

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: 中國納泉能源科技控股有限公司 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 01597 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 250,000,000 | | 0 | | 250,000,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 250,000,000 | | 0 | | 250,000,000 | 第 2 頁 共 10 頁 v 1.1.1 呈交日期: 2026年1月2 ...

公司名稱: 中國納泉能源科技控股有限公司 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11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12月1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) | 01597 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | 本月底法定/註冊股本 ...

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: 中國納泉能源科技控股有限公司 呈交日期: 2025年11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) | 01597 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | 本月底法定/註冊股本 ...

Core Viewpoint - The company, Nacel Energy Technology (01597), has decided to change its auditor due to a lack of agreement on audit fees with its current auditor, KPMG, and has identified a more competitive proposal from another accounting firm [1] Group 1: Auditor Change - The company has announced the resignation of KPMG as its auditor effective from October 15, 2025, due to disagreements over proposed audit fees for the fiscal year ending December 31, 2025 [1] - The company aims to maintain good corporate governance and enhance auditor independence by changing its auditor [1] - The board has appointed BDO Limited as the new auditor to fill the vacancy left by KPMG, effective from October 20, 2025, until the conclusion of the next annual general meeting in 2026 [1]

Core Viewpoint - The company, Nazca Energy Technology (01597), has decided to change its auditor due to a lack of consensus on audit fees with KPMG and the availability of more competitive proposals from other accounting firms [1] Group 1: Auditor Change - The company has announced the resignation of KPMG as its auditor, effective from October 15, 2025 [1] - The board has appointed BDO Limited as the new auditor to fill the vacancy left by KPMG, effective from October 20, 2025, until the conclusion of the next annual general meeting in 2026 [1] - The decision to change auditors is aimed at maintaining good corporate governance and enhancing auditor independence [1]