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]

E-COMMODITIES HOLDINGS LIMITED 1733 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。 自願公告 訂立合作協議 本公告由易大宗控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）自願作出。 本公司董事（「董事」）會（「董事會」）欣然宣佈，於二零二五年十一月五日，本公司與Bridge Mining Pte. Ltd.（「Bridge Mining」）訂立合作協議（「合作協議」），並通過該合作協定建立 戰略聯盟。Bridge Mining在蒙古南戈壁地區擁有大量未開發煤炭項目（「泰拉礦」），主要 產出低硫、低灰、低揮發分、高強度且易洗選的優質焦煤。根據合作協議，雙方同意就 一體化的煤炭採礦、物流及包銷服務開展合作（「合作事項」），預計每月最低包銷供應量 為10萬噸煤炭產品。預期正式運營將於二零二五年十二月一日開始。未來，雙方亦有意 擴大戰略聯盟，進一步拓展蒙古的上游資源合作及配套洗選業務。 Bridge Mining為 ...

Core Viewpoint - The coal sector is experiencing a rise in stock prices, driven by expectations of tightening supply and increased demand during the winter heating season [1] Group 1: Stock Performance - Several coal stocks have seen significant gains, with Strength Development (01277) up 5.19% to HKD 1.62, Yida Commodity (01733) up 4.6% to HKD 0.91, China Coal Energy (601898) (01898) up 2.63% to HKD 11.71, and China Shenhua (601088) (01088) up 1.3% to HKD 41.98 [1] Group 2: Market Dynamics - According to Shenwan Hongyuan, the maintenance of the Daqin Railway (601006) has concluded, leading to a month-on-month increase in coal input, although it remains low year-on-year [1] - The central safety production assessment team will fully enter major production areas in November, indicating a tightening safety supervision situation, which is expected to reinforce market expectations for supply constraints [1] - It is anticipated that after adjustments, thermal coal prices will rise due to increased freight costs and the seasonal demand for winter heating [1] Group 3: Dividend Trends - Most coal companies continue to show a strong willingness to distribute high dividends, with six listed coal companies announcing interim dividend plans, including China Shenhua, Shanxi Coking Coal (000983), Shaanxi Coal and Chemical Industry (601225), Shanghai Energy (600508), Yanzhou Coal Mining (600188), and China Coal Energy [1] Group 4: Investment Sentiment - In the context of global political and economic uncertainty and domestic expectations for economic stability, investment behavior in the coal sector is experiencing emotional fluctuations [1] - The coal sector possesses both cyclical and dividend attributes, with current low holdings indicating that the fundamentals have reached a turning point, suggesting it is an opportune time for investment [1]

Group 1 - Coal stocks continue to rise, with notable increases in share prices for several companies [1] - Strength Development (01277.HK) increased by 5.19%, reaching HKD 1.62 [1] - Yida Commodity (01733.HK) rose by 4.6%, reaching HKD 0.91 [1] - China Coal Energy (01898.HK) saw a 2.63% increase, reaching HKD 11.71 [1] - China Shenhua Energy (01088.HK) increased by 1.3%, reaching HKD 41.98 [1]

Group 1 - Coal stocks continue to rise, with notable increases: Strength Development up 5.19% to HKD 1.62, Yida Commodity up 4.6% to HKD 0.91, China Coal Energy up 2.63% to HKD 11.71, and China Shenhua up 1.3% to HKD 41.98 [1] - Shenwan Hongyuan reports that the maintenance of the Daqin Railway has ended, leading to a month-on-month increase in coal input, although it remains low year-on-year. The central safety production inspection team will fully enter in November, indicating a tightening supply expectation in the main production areas [1] - Open Source Securities notes that most coal companies maintain a high dividend payout intention, with six listed coal companies announcing interim dividend plans. The coal sector is seen as having both cyclical and dividend attributes, with current low holdings indicating a potential investment opportunity [1] Group 2 - The market anticipates stricter safety regulations in November, alongside rising freight costs, which may lead to an increase in thermal coal prices after adjustments [1] - The capital market is experiencing emotional fluctuations in investment behavior due to global political and economic uncertainties, alongside domestic economic stabilization expectations [1] - The coal sector's fundamentals are perceived to have reached a turning point, suggesting it is an opportune time for investment [1]