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 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 E-COMMODITIES HOLDINGS LIMITED 1733 關於業主根據煤炭運輸協議應付的運輸費，於2025年12月3日，業主、買方及承運人 已訂立付款協議，據此，各訂約方同意，根據煤炭銷售協議買賣煤炭產品所產生的運 輸費應由買方直接支付予承運人。該直接付款將用以抵銷業主根據煤炭運輸協議應向 承運人支付的相應金額的運輸費。 上市規則之涵義 於本公告日期，象嶼股份為本公司間接非全資附屬公司內蒙古易至及浩通環保科技之 主要股東；因此，根據上市規則第14A.07(1)條，象嶼股份為本公司於附屬公司層面之 關連人士。買方為象暉能源之附屬公司，而象暉能源由象嶼股份持有51%權益，因 此，根據上市規則，買方構成本公司於附屬公司層面之關連人士。因此，根據上市規 則第14A章，結算協議及付款協議各自項下擬進行之交易構成本公司之持續關連交 易。 由於(i)結算協議及付款協議項下持續關連交易年度上限總額之一項或多 ...

| | | 致：香港交易及結算所有限公司 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 公司名稱: 易大宗控股有限公司 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) | 01733 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0 HKD | | 0 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 6,000,000,000 | HKD | | 0 HKD | | 0 | 本月底法定/註冊股本總額： HKD 0 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及 ...

Group 1 - The coal stocks have collectively retreated after a period of continuous increase, with notable declines in companies such as China Coal Energy, which fell over 4%, and Yanzhou Coal Mining, which dropped 3% [1] - Despite a year-on-year decline in coal prices expected until the third quarter of 2025, there has been a significant quarter-on-quarter recovery in coal prices and improved performance for coal companies in the third quarter [1] - An increasing number of financial institutions, investment funds, and insurance companies are incorporating Environmental, Social, and Governance (ESG) factors into their investment decisions, leading to restrictions or withdrawals from coal-related projects, resulting in higher financing costs for coal companies [1] Group 2 - Short-term factors such as economic recovery, extreme weather, and geopolitical issues may create trading opportunities due to tight coal supply and demand, although high volatility should be noted [1] - The latest price movements of various coal companies indicate a downward trend, with specific declines such as Feishang Non-Ferrous Coal down 8.58% and China Shenhua down 2.76% [1]

Company - 易大宗 (1733.HK) shares increased by 9.78% to HKD 1.01, reaching a new high since July 31, with a market capitalization of HKD 2.696 billion [1] - The company has announced a strategic alliance with Bridge Mining Pte. Ltd., focusing on integrated coal mining, logistics, and marketing services, with a minimum monthly supply of 100,000 tons of coal products expected [1] - The official operation of this partnership is anticipated to commence on December 1, 2025, with plans to expand upstream resource cooperation and related washing and selection services in Mongolia [1] Industry - According to Guangfa Securities, the coal industry showed overall stabilization in Q3, with expectations for improved performance in Q4 as coal prices continue to rise [1] - The coal supply and demand situation has been favorable since Q3, particularly strong after the National Day holiday, driven by better-than-expected demand and a general decline in supply [1] - It is projected that coal prices will remain stable with a slight upward trend in Q4 and 2026, with medium to long-term demand expected to maintain resilient growth while supply remains constrained, leading to a balanced but slightly tight market [1]

Core Viewpoint - 易大宗 (01733.HK) has experienced a significant increase in stock price, rising over 5% to reach 0.97 HKD with a trading volume of 200.73 million HKD [1] Group 1 - The stock price of 易大宗 increased by 5.43% [1] - The current trading price is 0.97 HKD [1] - The total trading volume reached 200.73 million HKD [1]

Core Viewpoint - 易大宗 (01733) has formed a strategic alliance with Bridge Mining to enhance coal mining, logistics, and marketing services, with an expected minimum supply of 100,000 tons of coal products per month starting December 1 [1] Group 1: Company Developments - 易大宗's stock price increased by 5.43%, reaching HKD 0.97, with a trading volume of HKD 2.0073 million [1] - The partnership with Bridge Mining aims to leverage undeveloped coal projects in Mongolia's South Gobi region [1] - Future plans include expanding the strategic alliance to enhance upstream resource cooperation and related washing and selection services in Mongolia [1]

Core Viewpoint - 易大宗 (01733) has formed a strategic alliance with Bridge Mining to enhance coal mining, logistics, and marketing services, with an expected minimum supply of 100,000 tons of coal products per month starting December 1 [1] Group 1: Company Developments - 易大宗's stock price increased by 5.43%, reaching HKD 0.97, with a trading volume of HKD 2.0073 million [1] - The partnership with Bridge Mining aims to leverage undeveloped coal projects in Mongolia's South Gobi region [1] - Future plans include expanding the strategic alliance to enhance upstream resource cooperation and related washing and selection services in Mongolia [1]

Core Viewpoint - The company has established a strategic alliance with Bridge Mining to enhance its coal supply chain and expand its operations in Mongolia, focusing on high-quality coking coal production and logistics services [1][3]. Group 1: Strategic Partnership - The company signed a cooperation agreement with Bridge Mining on November 5, 2025, to form a strategic alliance for integrated coal mining, logistics, and marketing services, with a minimum monthly supply of 100,000 tons of coal products expected to commence operations on December 1, 2025 [1]. - Bridge Mining, a limited liability company registered in Singapore, is primarily engaged in coal mining and exploration in Mongolia [1]. Group 2: Business Expansion and Resource Security - The cooperation not only broadens the company's business footprint in Mongolia but also secures a stable supply of high-quality Mongolian coal, providing a solid foundation for the sustainability and stability of resource supply [3]. - The company has developed an integrated service capability covering the entire supply chain for resource imports from Mongolia, addressing efficiency and quality issues in resource development, transportation, and processing [2]. Group 3: Successful Service Model Replication - The cooperation has successfully implemented a full-chain service model at the Zamiin-Uud port, covering resource extraction, logistics, processing, and sales to end customers in China, validating the replicability of the company's service capabilities [4]. - This successful model provides valuable experience for promoting similar services at other ports, aiding in the rapid formation of scalable service advantages [4]. Group 4: Enhanced Asset Utilization - By securing a long-term stable business volume, the company has achieved normalized and efficient operations of various assets within its supply chain, including mining service equipment, logistics fleets, and coal washing facilities, thereby improving overall asset utilization efficiency [5]. - The completion of this cooperation marks a significant milestone in the company's strategic development and confirms the correctness of its strategic direction and business model [5].

Core Viewpoint - The company has established a strategic alliance with Bridge Mining Pte. Ltd. to enhance its coal supply chain and expand its operations in Mongolia, focusing on high-quality coking coal production and logistics services [1][3]. Group 1: Strategic Partnership - The partnership with Bridge Mining involves a cooperation agreement for integrated coal mining, logistics, and marketing services, with a minimum monthly supply of 100,000 tons of coal products expected to commence operations on December 1, 2025 [1]. - Bridge Mining holds significant undeveloped coal projects in Mongolia's South Gobi region, producing high-quality coking coal characterized by low sulfur, low ash, and high strength [1]. Group 2: Business Expansion and Resource Security - The agreement broadens the company's business footprint in the Mongolian market and secures a stable supply of high-quality coal, mitigating risks associated with market fluctuations [3]. - The company has developed a comprehensive service capability covering the entire supply chain for resource imports from Mongolia, including mining services, logistics, processing, and sales [2]. Group 3: Service Model Replication - The successful implementation of a full-chain service model at the Ceke port demonstrates the replicability of the company's service capabilities, providing valuable experience for future expansions [4]. - This model encompasses all stages from resource extraction to logistics, processing, and sales to end customers in China [4]. Group 4: Asset Utilization and Efficiency - The long-term business volume secured through this partnership enhances the operational efficiency of various assets within the supply chain, including mining equipment and logistics vehicles, leading to cost optimization and improved profitability [5]. - The partnership marks a significant milestone in the company's strategic development and validates its business model and direction [5].

Core Viewpoint - Easy Dazhong (01733.HK) has established a strategic alliance with Bridge Mining Pte. Ltd. to collaborate on coal mining, logistics, and marketing services in Mongolia's South Gobi region, focusing on high-quality coking coal production [1] Group 1: Partnership Details - The partnership agreement was signed on November 5, 2025, and aims to integrate coal mining and related services [1] - The minimum monthly supply commitment is set at 100,000 tons of coal products, with operations expected to commence on December 1, 2025 [1] Group 2: Resource Characteristics - Bridge Mining holds significant undeveloped coal projects in Mongolia, specifically the "Taira Mine," which produces low-sulfur, low-ash, low-volatile, high-strength, and easily wash-processed premium coking coal [1] Group 3: Future Expansion Plans - Both companies intend to expand their strategic alliance to further develop upstream resource cooperation and associated washing services in Mongolia [1]