Core Viewpoint - The company, Weinan Group, has reached an agreement with several lending banks to restructure its offshore debt totaling approximately HKD 20.77 billion, with a main restructuring agreement set to be signed on November 14, 2025 [1] Group 1 - The restructuring agreement allows lenders to defer enforcement actions related to existing breaches of loan agreements until certain preconditions are met or waived [1] - Upon completion of the restructuring, the company's offshore debt is expected to be reduced and reclassified to approximately HKD 13.8 billion [1]

Group 1 - The core point of the news is that Weinan Group has reached an agreement with several lenders to restructure its offshore debt totaling approximately HKD 20.77 billion, following the acquisition of a controlling stake by China Technology Import and Export Corporation in September 2023 [1][2] - The restructuring agreement includes a deferral of enforcement actions by lenders regarding existing violations of loan agreements, contingent upon certain conditions being met [1] - The restructuring is expected to reduce the offshore debt to approximately HKD 13.80 billion, alleviating immediate liquidity pressures and significantly strengthening the company's financial position [2] Group 2 - The restructuring terms involve extending the repayment period by 5.5 years and adjusting interest rates, which is anticipated to improve the company's capital structure and create a stable financial foundation [2] - Post-restructuring, the company aims to refocus on its core business, accelerate project development, and seek sustainable growth opportunities [2]

(iii)于重组生效日期发生后，贷款协议将获修订，致使(其中包括)：余下境外债务的到期日将被调整一 致并追溯自2025年9月2日起计延期5.5年;适用于余下境外债务的利率将下调;及贷款协议及相关文件项下 若干现有违反事项将获豁免。 重组完成后，预期集团的境外债务将减少及确认重列至本金约13.80亿港元。 重组顺利完成后，公司将基本解决其迫切的银行借款偿债义务，从而消除即时的流动性压力。根据经协 定的重组条款(其中包括延长还款期限及利率调整)，预期公司的财务状况将获实质性加强。公司亦预期 重组将改善公司的资本结构和创造稳定的财务基础，使公司得以重新专注于核心业务，加快项目开发， 并寻求商机及可持续增长。 伟能集团(01608)发布公告，自中国技术进出口集团有限公司(中技公司)于2023年9月成为公司控股股东 以来，公司一直与各持份者积极讨论，探索改善集团财务状况及取得资金以应付其营运资金需求的方 案。公司已与若干贷款银行就集团本金余额总额约20.77亿港元的境外债务寻求重组达成协议，于2025 年11月14日，公司与(其中包括)贷款人已就境外债务的拟重组订立重组主协议。 根据重组主协议，各方已同意：(i)待先决 ...

Core Viewpoint - The company has been actively discussing with stakeholders to improve its financial situation and secure funding for operational needs since China Technology Import and Export Group Co., Ltd. became the controlling shareholder in September 2023 [1] Debt Restructuring - The company has reached an agreement with several lenders regarding the restructuring of approximately HKD 20.77 billion in offshore debt [1] - A restructuring master agreement has been established with the lenders, which includes several key conditions [1] - Lenders agree to suspend enforcement actions related to existing breaches of loan agreements after certain preconditions are met [1] - The restructuring will become effective after further preconditions are satisfied, including the signing of revised loan agreement documents and necessary regulatory approvals [1] - Upon the effective date of the restructuring, the loan agreements will be amended to extend the maturity date of the remaining offshore debt by 5.5 years from September 2, 2025, reduce applicable interest rates, and waive certain existing breaches [1]

VPOWER GROUP INTERNATIONAL HOLDINGS LIMITED 偉 能 集 團 國 際 控 股 有 限 公 司 ( 於開曼群島註冊成立之有限公司 ) (股份代號 ： 1608) 內幕消息 擬進行境外債務重組 本公 告 由偉 能 集團 國際 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) 條 及 第 13.18條 以 及 證 券 及 期 貨 條 例 (香 港 法 例 第 571章 )第 XIVA部 項 下 的 內 幕消 息 條文 (定義 見 上市 規 則 )作 出。 擬進行境外債務重組 自 中 國 技 術 進 出 口 集 團 有 限 公 司 (「 中 技 公 司 」 )於 2023年 9月 成 為 本 公 司 控 股股 東 以來，本 公 司 一直 與 各持 份 者積 極討 論，探 索改 善 本 集團 財 務狀 況 及 取得 資 金以 應 付其 營運 資 金需 求 的方 案 。 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 ...

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: 偉能集團國際控股有限公司 呈交日期: 2025年11月5日 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) | 01608 | 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 | | | | 6,683,150,524 | | 0 | | 6,683,150,524 | | 增加 / 減少 (-) | | | | 0 | | 0 | | | | 本月底結存 | | | | 6,683,150,524 | | 0 | | 6,683,150,524 | 第 2 頁 共 10 頁 v 1.1.1 I. ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 偉能集團國際控股有限公司 呈交日期: 2025年10月3日 I. 法定/註冊股本變動 第 2 頁 共 10 頁 v 1.1.1 III.已發行股份及/或庫存股份變動詳情 | 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) | 01608 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0 ...

VPOWER GROUP INTERNATIONAL HOLDINGS LIMITED 偉能集團國際控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1608) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear non-registered shareholders(Note 1) , VPower Group International Holdings Limited (the "Company") – Notice of Publication of 2025 Interim Report of the Company (the "Current Corporate Communications" The Current Corporate Communications are published in English and Chinese languages and are available on t ...

VPOWER GROUP INTERNATIONAL HOLDINGS LIMITED 偉能集團國際控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 1608) Should you have any queries relating to this letter, please contact the HK Share Registrar at (852)2862 8688 during business hours from 9:00 a.m. to 6:00 p.m. (Hong Kong time), Mondays to Fridays, excluding Hong Kong public holidays. Yours faithfully, VPower Group International Holdings Limited N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear registered ...

Financial Performance - The company's revenue for the six months ended June 30, 2025, was approximately HKD 612.1 million, a decrease of 25.0% compared to HKD 816.6 million in the same period of 2024[20]. - The SI business generated revenue of HKD 150.2 million, accounting for 24.5% of total revenue, down from HKD 345.1 million (42.3%) in 2024[21]. - The IBO business revenue was HKD 461.9 million, representing 75.5% of total revenue, slightly down from HKD 471.5 million (57.7%) in 2024[22]. - Gross profit for the six months ended June 30, 2025, was approximately HKD 122.4 million, a decline of 12.9% from HKD 140.5 million in 2024, with a gross margin improvement from 17.2% to 20.0%[25][26]. - The company recorded a profit of approximately HKD 21.7 million for the six months ended June 30, 2025, compared to a loss of HKD 131.6 million in the same period of 2024[27]. - The profit attributable to owners for the six months ended June 30, 2025, was approximately HKD 20.7 million, compared to a loss of HKD 138.6 million in the same period of 2024, with basic earnings per share of HKD 0.31[35]. - The company reported a pre-tax profit of HKD 20,683,000 for the six months ended June 30, 2025, compared to a loss of HKD 138,599,000 for the same period in 2024[79]. - The company reported a total comprehensive loss of HKD 178,609,000 for the period, compared to a loss of HKD 138,599,000 in the previous year[50]. Operational Efficiency - The group aims to enhance operational efficiency and optimize its business structure to create favorable conditions for future profitability improvements[10]. - The IBO business generated revenue of approximately HKD 461.9 million and a gross profit of about HKD 94.6 million, with a slight revenue decrease of 2% year-on-year, but a gross margin improvement to 20.5% due to enhanced operational efficiency[13]. - The group is strategically managing assets to reduce financial costs and has successfully turned losses into profits through effective asset disposal measures[11]. Investments and Assets - The group has invested approximately HKD 819.7 million in the Tamar VPower Energy Fund I, L.P., with a book value of about HKD 692.9 million, representing 12.4% of the group's total assets[15]. - The group invested approximately HKD 68.1 million in property, plant, and equipment during the six months ended June 30, 2025, slightly down from HKD 76.2 million in the previous period[40]. - The company’s total revenue from the sale of assets classified as held for sale amounted to HKD 765,063,000, a significant increase compared to HKD 16,380,000 in the previous year[51]. - The group reported capital expenditures of HKD 68.1 million for the six months ended June 30, 2025[62]. Financial Position - As of June 30, 2025, the total current assets of the group amounted to approximately HKD 3,930.6 million, a decrease from HKD 4,231.1 million as of December 31, 2024[36]. - The group's cash and cash equivalents were approximately HKD 310.2 million as of June 30, 2025, compared to HKD 122.8 million as of December 31, 2024[36]. - The total bank and other borrowings decreased by approximately 15.7% to HKD 1,916.1 million as of June 30, 2025, from HKD 2,272.2 million as of December 31, 2024[36]. - The company generated net cash inflow from investing activities of HKD 743,444,000, a substantial increase from HKD 108,301,000 in 2024[51]. - The company reported a net cash outflow from operating activities of HKD 86,152,000 for the six months ended June 30, 2025, compared to a cash inflow of HKD 98,415,000 in 2024[51]. - The group maintained a current ratio of 1.0 and a debt-to-asset ratio of 70.6% as of June 30, 2025, indicating stable liquidity and financial leverage[36]. Market and Industry Trends - In the first half of 2025, the global electricity demand increased by approximately 3.5% year-on-year, driven by factors such as the rise of AI and cloud computing, increased air conditioning usage due to higher temperatures, and the electrification of manufacturing and heavy industries[9]. - The global energy industry is accelerating structural transformation, with a focus on the stability, flexibility, and regional autonomy of energy supply, providing clear growth directions for the group's distributed generation and system integration businesses[16]. - The group is committed to achieving carbon neutrality by 2050 and is focusing on developing distributed integrated energy solutions, including renewable energy and energy storage technologies[3]. Shareholder Information - Major shareholders include China General Technology (Group) Holding Limited, holding 4,068,590,511 shares (60.88%)[116]. - Publicly held shares account for at least 25% of the company's issued shares, meeting the public float requirement[118]. - The company has a stock option plan adopted on October 24, 2016, which remains valid for approximately one more year[107]. - The total number of shares that can be issued under the stock option plan and other stock option plans is capped at 30% of the company's issued share capital at any time[108]. - The stock reward plan, adopted on July 18, 2017, allows for the issuance of up to 318,717,526 shares, equivalent to about 4.77% of the company's issued shares as of January 1, 2025, and June 30, 2025[111]. Management Changes - Mr. Liu Ruikun will be appointed as an executive director effective September 1, 2025[3]. - Mr. Wang Jiachang will serve as the general manager of the Energy and Power Division of General Technology Group International Holdings Limited starting April 21, 2025[2]. - Mr. Lu Weijun will resign as an executive director effective September 1, 2025[3].