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。 ENVISION GREENWISE HOLDINGS LIMITED 晉景新能控股有限公司 （股份代號：1783） （於開曼群島註冊成立的有限公司） 有關根據一般授權發行代價股份所涉及訂立 銷售合作協議之須予披露交易 本公司之財務顧問 銷售合作協議 於2025年7月28日（交易時段後），本公司與FMG訂立銷售合作協議，據此，FMG已有條 件同意根據本公司將發出的採購訂單獨家向本公司供應產品，而本公司已同意於全球 營銷及銷售產品（「合作」）。 考慮到該合作事項，本公司同意向FMG支付總代價20,000,000.00美元，本公司須於合作 生效日期按發行價發行及配發代價股份以作結算。完成配發代價股份，除其他事項外， 須待聯交所上市委員會批准代價股份上市及買賣後，方可作實。 代價股份佔(i)本公告日期已發行股份總數約1.43%；及(ii)經配發及發行代價股份擴大之 已發行股份總數約1.41%，假設本公告日期至 ...

NOTIFICATION LETTER 通知信函 ENVISION GREENWISE HOLDINGS LIMITED 晉 景 新 能 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：1783） Dear Non-Registered Shareholders, Envision Greenwise Holdings Limited (the "Company") – Notice of publication of Annual Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.evsgreenwise.com and the websi ...

ENVISION GREENWISE HOLDINGS LIMITED 晉 景 新 能 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：1783） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, Envision Greenwise Holdings Limited (the "Company") – Notice of publication of Annual Report 2025 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.evsgreenwise.com and the websi ...

Financial Performance - The company reported a revenue of HKD 869.73 million for the fiscal year 2025, representing a 92.3% increase compared to HKD 452.19 million in 2024[6]. - Gross profit reached HKD 102.7 million, an increase of 266.8% from the previous fiscal year[7]. - Adjusted EBITDA for the year was HKD 44.8 million, marking a turnaround from a loss to profit, indicating significant business transformation[7]. - The group's revenue for the year ending March 31, 2025, was approximately HKD 869.7 million, an increase of about HKD 417.5 million or 92.3% compared to HKD 452.2 million for the year ending March 31, 2024[17]. - Revenue from reverse supply chain management and environmental services increased significantly by approximately HKD 467.0 million, while revenue from superstructure construction and renovation services decreased by approximately HKD 49.5 million[17]. - The adjusted EBITDA turned from a loss of approximately HKD 40.1 million for the year ending March 31, 2024, to a profit of approximately HKD 44.8 million for the year ending March 31, 2025, an improvement of about HKD 84.9 million[27]. - The gross profit for the year ending March 31, 2025, was approximately HKD 102.7 million, an increase of about HKD 74.7 million or 266.8% compared to approximately HKD 28.0 million for the year ending March 31, 2024[18]. - The overall gross profit margin increased to approximately 11.8% for the year ending March 31, 2025, compared to approximately 6.2% for the year ending March 31, 2024[18]. - The group recorded a loss attributable to the owners of the company of approximately HKD 15.7 million for the year ending March 31, 2025, a decrease of about HKD 63.2 million from approximately HKD 78.9 million for the year ending March 31, 2024[22]. - Operating expenses for the year ending March 31, 2025, were approximately HKD 121.2 million, an increase of about HKD 11.2 million or 10.2% compared to approximately HKD 110.0 million for the year ending March 31, 2024[20]. Business Expansion and Strategy - The company plans to continue expanding its green business, particularly in the global battery recycling sector, which has seen breakthrough progress[7]. - A new battery processing facility in Hong Kong is set to be operational by June 2024, aimed at meeting local lithium battery disposal needs[8]. - The company has established over 70 service points across Europe, America, and Asia, enhancing its international green energy management solutions[10]. - Strategic partnerships with leading companies in the automotive and energy sectors have been deepened, supporting the growth of the electric vehicle market[10]. - The company is actively involved in promoting battery energy storage systems and electric vehicle charging infrastructure to support community EV adoption[8]. - The company aims to leverage its expertise in battery recycling to create a closed-loop system for battery lifecycle management[8]. - Future growth prospects are strong due to the increasing demand for electric vehicles and the corresponding rise in battery disposal needs[10]. - The group is optimistic about future growth, particularly in reverse supply chain management and environmental services, which are expected to continue expanding[15]. - The group plans to explore various business opportunities across segments to promote future growth and increase revenue[17]. Financial Position and Capital Management - As of March 31, 2025, the group's cash and cash equivalents amounted to approximately HKD 186.0 million, up from HKD 67.6 million in 2024[28]. - The current ratio increased from approximately 1.1 as of March 31, 2024, to approximately 1.7 as of March 31, 2025, primarily due to a decrease in trade payables and accrued expenses[28]. - The group's total capital expenditure for the year ended March 31, 2025, was approximately HKD 45.5 million, compared to HKD 6.4 million in 2024[31]. - As of March 31, 2025, the group's equity was approximately HKD 467.1 million, an increase from HKD 234.0 million in 2024[28]. - The group had no significant outstanding debts as of March 31, 2025, except for certain liabilities including bank borrowings and lease obligations[29]. - The group entered into a 20-year lease for approximately 9,420 square meters at the EcoPark T2 and T3 sites, with a recognized right-of-use asset of approximately HKD 79.1 million[43]. - The total salary and related costs for the year ended March 31, 2025, were approximately HKD 60.1 million, up from HKD 45.6 million in 2024[39]. - The net proceeds from the first subscription agreement amounted to approximately HKD 82.48 million, with 50% allocated to the EcoPark project and 50% for general working capital[46]. - The group had a capital commitment of approximately HKD 172.7 million for properties, plants, and equipment as of March 31, 2025[33]. - The net proceeds from the second subscription amount to approximately HKD 129.2 million, with 50% allocated to the environmental park project, 30% for renovation and maintenance, and 20% for general working capital[50]. - The third subscription agreement involves the issuance of 12,263,000 new shares at a price of HKD 8.10 per share, with a total estimated net proceeds of approximately HKD 99.23 million[53]. - Approximately 60% of the net proceeds from the third subscription will be allocated to the environmental park project, 30% for renovation and maintenance, and 10% for general working capital[53]. Acquisitions and Investments - The company completed the acquisition of Green Jade Reverse Logistics Limited for HKD 35 million, with payment made through the issuance of 4,545,455 new shares[55]. - The acquisition is expected to create potential synergies with the company's existing reverse supply chain management and green energy solutions, enhancing its global footprint[55]. - The total market value of the shares issued for the second subscription is approximately HKD 151.3 million, based on the market price at the time of the agreement[48]. - The company plans to utilize approximately HKD 59.5 million from the third subscription for the environmental park project, with the remaining funds allocated to other operational needs[53]. Financing and Risk Management - The company has entered into a financing agreement with an independent third party, providing a loan of approximately HKD 68,402,000, which remains unpaid as it is not yet due[58]. - A separate financing agreement was established on January 6, 2025, for a principal amount of USD 7,000,000 (approximately HKD 54,411,000) at a simple interest rate of 5%, maturing three years from the disbursement date[59]. - The principal amount under the financing agreement was increased by USD 3,000,000 (approximately HKD 23,319,000) on January 23, 2025, while other terms remained unchanged[59]. - The company believes that the long-term development of the reverse supply chain network depends on the healthy development of market participants, aiming to strengthen and diversify its upstream supply chain[58]. - The company has acknowledged the need to enhance its internal controls and compliance measures to prevent future regulatory breaches related to the financing agreements[60]. - The management has committed to taking measures to strengthen internal controls regarding all transactions under the relevant listing rules[60]. - The financing provided to the borrower is strictly for operational funding, with the borrower being a business partner involved in the collection and export of industrial materials[58]. - The company does not anticipate a significant increase in credit risk for the loans, thus no impairment provision is deemed necessary[58]. - The company plans to issue timely announcements regarding the financing agreements and the remedial measures to be taken[61]. Corporate Governance and Compliance - The company has adopted and complied with the corporate governance code as per the listing rules, ensuring high standards of corporate governance[154]. - All directors confirmed compliance with the continuous professional development requirements as per the corporate governance code during the year ending March 31, 2025[160]. - The company has appointed 天職香港會計師事務所 as the auditor, replacing 立信德豪, with no significant issues raised regarding the change[149]. - The board consists of executive directors including the chairman 郭晋昇 and CEO 詹志豪, along with independent non-executive directors providing independent judgment on the company's development and risk management[156]. - The company has established written guidelines for securities trading for employees who may possess inside information, ensuring compliance with regulations[155]. - The board regularly reviews the company's performance and coordinates resources to make financial and operational decisions[158]. - The audit committee consists of four independent non-executive directors, ensuring compliance with listing rules[170]. - The company has established a remuneration committee with three independent non-executive directors and two executive directors[173]. - The independent non-executive directors represent more than one-third of the board, ensuring strong independent oversight[164]. - The company has implemented effective mechanisms to ensure the board receives independent insights and advice[165]. - The board's governance practices include regular meetings to share insights among independent non-executive directors[165]. - The company will continue to monitor and review its policies to ensure compliance with regulatory requirements and good corporate governance practices[186]. Share Incentive Plan - The company has established a share incentive plan, adopted on September 28, 2023, to recognize contributions from eligible participants[116]. - The total number of shares available for grants under the share incentive plan is capped at 10% of the total shares issued as of the adoption date, with a specific limit of 4% for service providers[120]. - As of April 1, 2024, and March 31, 2025, the number of rewards available under the plan is 38,562,750 shares[120]. - The individual limit for any eligible participant under the share incentive plan is set at 1% of the total issued shares[121]. - The share rewards granted under the plan must be held for a minimum of 12 months before they vest[123]. - Performance targets may be required for rewards granted under the share incentive plan, based on the company's operational or financial performance[124]. - A total of 49,680,000 shares were granted to directors under the share incentive plan, with 45,540,000 shares having vested and 4,140,000 shares remaining unexercised[133]. - The fair value of the shares granted under the plan is set at HKD 0.72 per share[137]. - The total number of shares available for future allocation under the plan is 38,562,750, representing approximately 2.82% of the total issued shares as of the report date[137]. - The company has no arrangements allowing directors to acquire shares or debt securities for profit, aside from the disclosed share incentive plan[136]. - The share incentive plan is managed by the board and the grantees, with decisions being binding on all parties[128]. - The shares granted under the plan must be held for at least 12 months before they vest to the grantees[137]. - The company has no directors participating in the share incentive plan as grantees[131]. - The shares granted to employees and service providers total 37,260,000, with 16,560,000 shares having vested and 8,280,000 shares remaining unexercised[133]. Environmental and Social Responsibility - The company has implemented a series of environmental and sustainable development measures to mitigate operational impacts on the environment[82]. - The company is committed to reducing emissions and waste while improving resource efficiency in its operations[82]. - There were no significant violations of applicable laws and regulations that materially affected the company's business operations during the year[84]. - The company relies on subcontractors for contract completion, which poses risks related to performance and project cost estimation[88]. - The company maintains good relationships with employees, offering competitive compensation to attract and retain talent[87]. - The company has faced risks related to credit risk from clients and the overall economic conditions affecting the construction industry[88]. - The company has not made any charitable donations during the fiscal year ending March 31, 2025, compared to HKD 14,000 in 2024[114]. Risk Management and Internal Controls - The company has a financial risk management policy in place, with performance analysis based on key financial performance indicators[1]. - The company has engaged an external independent consulting firm to assist the board in reviewing and monitoring the effectiveness of certain risk management and internal control systems for the year ending March 31, 2025[195]. - The risk management and internal control system includes establishing a risk register to track and record identified risks, assess and evaluate risks, and develop and update response measures[197]. - The board is responsible for evaluating and determining the nature and extent of risks acceptable in achieving strategic objectives, ensuring the establishment and maintenance of appropriate and effective risk management and internal control systems[194]. - The company has adopted a continuous risk management approach to identify and assess inherent risks that may impact the achievement of its objectives[197]. - The risk matrix is used to determine risk levels (L=low risk, M=medium risk, H=high risk) reflecting the management's level of concern and the effort required to address risks[197]. - The board has established internal control procedures regarding the handling and disclosure of inside information, ensuring compliance with disclosure regulations[199]. - The company currently does not have an internal audit function and has deemed it more cost-effective to appoint external professionals for this role given the scale, nature, and complexity of its business[195]. - The audit committee reviews the effectiveness, independence, and objectivity of the audit and non-audit services provided by the external auditor[200]. - The board will continue to review the need for internal audit functions at least annually[195].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 晉景新能控股有限公司 呈交日期： 2025年7月8日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 若股份曾以超過一個每股價格發行/出售/購回/贖回，則須提供每股成交量加權平均價格。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01783 | 說明 | 普通股 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存 ...

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。 ENVISION GREENWISE HOLDINGS LIMITED 晉景新能控股有限公司 除文義另有所指外，本公告所用詞彙應與該公告所界定者具有相同涵義。 完成根據一般授權認購新股份 董事會欣然宣佈，由於認購協議所載之所有先決條件已獲達成，且認購事項已根據認購 協議之條款及條件於2025年7月8日完成（「完成」）。 合共12,263,000股認購股份（佔緊隨完成後經配發及發行認購股份擴大之已發行股份總數 約0.889%）已按認購價每股認購股份8.10港元成功發行及配發予認購人。 據董事經作出一切合理查詢後所深知、盡悉及確信，(i)各認購人及其最終實益擁有人均 為獨立第三方；及(ii)各認購人均獨立於對方，且與對方概無關連或關聯，亦非一致行動 人士（定義見香港證券及期貨事務監察委員會頒佈的公司收購、合併及股份回購守則）。 — 1 — （於開曼群島註冊成立的有限公司） （股份代號：1783） 完成根據一 ...

Core Viewpoint - The rapid growth of electric vehicle ownership in China is leading to a peak in battery retirements, creating significant opportunities in the battery recycling industry, which is projected to be a trillion-yuan market [1] Group 1: Company Overview - Jin Jing New Energy, listed on the Hong Kong main board in 2018, transitioned from traditional construction to the battery recycling sector in 2022 by obtaining the first battery disposal license in Hong Kong [3] - The company is constructing the "Hong Kong Environmental Park Battery Recycling Factory," the only licensed lithium battery recycling line in Hong Kong, with an initial processing capacity of 10,000 tons per year [3] Group 2: Global Strategy and Partnerships - Jin Jing New Energy has established a global recycling network extending to 28 countries, with 77 service nodes in key markets such as the US, Europe, and Southeast Asia [4] - The company has acquired Green Jade in Singapore to enhance compliance with EU environmental standards and strengthen its global resource allocation capabilities [4] - Collaborations with leading companies like Guoxuan High-Tech and CATL have been formed to deepen exploration in battery recycling services [4] Group 3: Financial Performance - For the fiscal year 2025, Jin Jing New Energy reported a 92.3% increase in revenue to HKD 870 million, with reverse supply chain management and environmental services contributing 80% of the revenue [5] - The net loss attributable to shareholders significantly narrowed from HKD 78.9 million to HKD 15.7 million, and adjusted EBITDA turned positive, increasing from a loss of HKD 40.1 million to HKD 44.8 million [5] Group 4: Market Position and Competitive Advantage - Jin Jing New Energy holds over 90% market share in Hong Kong's battery recycling sector, benefiting from early involvement and collaboration with the government to establish a complete recycling system [7] - The company aims to expand into Southeast Asia and the US, leveraging its established recycling network and strong partnerships with industry leaders to enhance its competitive edge [8][9] - The domestic battery recycling market in China is complex, with a significant number of unregulated players, highlighting the need for regulatory reinforcement to support legitimate businesses [10]

Group 1 - ESG has become a necessary consideration for long-term investors, with nearly 5,100 institutions signing the UN PRI and managing over $100 trillion in assets as of June 30, 2025 [1] - ESG is an effective core standard for identifying companies with long-term sustainable development capabilities, as evidenced by JinJing New Energy winning the "Golden Award for Sustainable Development Excellence" [2] - JinJing New Energy's transformation from a construction-focused company to a leader in the global battery recycling sector highlights a significant industry change [4] Group 2 - JinJing New Energy's revenue surged by 92.3% to HKD 870 million, with reverse supply chain management and environmental services contributing 80% of the revenue, growing at 204% [4] - The company's adjusted EBITDA improved from a loss of HKD 40.1 million to a profit of HKD 44.8 million, demonstrating that green transformation can be a value creation engine [4] - The company has established a global recycling network covering 28 countries, with over 70 service nodes in key markets such as the US, Europe, and Southeast Asia [5] Group 3 - JinJing New Energy's innovative light-asset operational model, in collaboration with logistics giants, reduces carbon emissions during transportation [6] - The company's processing facility in Hong Kong is set to begin operations, aligning with national battery recycling management requirements and EU standards [7] - The potential for battery recycling in Hong Kong and other regions is significant, with a projected market size of HKD 10 billion emerging as the first wave of battery retirements occurs [7] Group 4 - JinJing New Energy's practices illustrate that ESG is not an additional cost but an accelerator for business growth, as the global retired battery volume is expected to exceed 4 million tons by 2028 [9] - The company’s efforts in integrating ESG solutions into its business model provide a competitive edge and transform regulatory constraints into business value [9]

Core Viewpoint - The "Gelonghui Golden Award" ESG Excellence Company selection recognizes companies that excel in environmental, social, and governance dimensions, contributing to China's dual carbon goals and setting benchmarks for long-term value in the capital market [1][2]. Group 1: Award Winners - Twelve companies were awarded the "ESG Sustainable Development Excellence Enterprise" title, including Fourth Paradigm (06682.HK), JinJing New Energy (01783.HK), Kangqiao Yuelife (02205.HK), Ping An Good Doctor (01833.HK), AAC Technologies (02018.HK), Shoucheng Holdings (00697.HK), Tongwei Co., Ltd. (600438.SH), Yaoshi Bang (09885.HK), Zhaojin Mining (01818.HK), China Chunlai (01969.HK), China Reinsurance (01508.HK), and China Nuclear International (02302.HK) [1]. - The ranking of the awarded companies is in alphabetical order and does not indicate any specific order of merit [1]. Group 2: Evaluation Criteria - The selection process involved quantitative data analysis and evaluation by an expert panel to determine the final results [1]. - The award aims to highlight companies that actively promote green transformation and social responsibility through transparent governance [1]. Group 3: Scope of the Selection - The ESG Excellence Company selection covers all listed companies on the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, American Stock Exchange, and NASDAQ [2]. - The initiative is designed to create a reference value ranking of outstanding companies in the ESG field within the investment community [2].

Core Viewpoint - Jin Jing New Energy's latest financial report indicates significant progress in its transformation towards the green energy sector, showcasing a remarkable increase in revenue and a substantial reduction in losses [1][3][14]. Financial Performance - For the fiscal year 2025, Jin Jing New Energy reported revenue of approximately HKD 870 million, a year-on-year increase of 92.3%, while the loss attributable to shareholders was HKD 15.74 million, a significant reduction of 80% compared to the previous year's loss of HKD 78.86 million [1][4]. - The adjusted EBITDA for the fiscal year 2025 was HKD 44.76 million, a substantial improvement from a loss of HKD 40.06 million in 2024, indicating a turnaround in profitability [5][6]. Business Transformation - The company has successfully transitioned from traditional construction to focusing on green infrastructure, particularly in the recycling and utilization of power batteries, since its listing in 2018 [3][14]. - The revenue from reverse supply chain management and environmental services surged by 204.21% to HKD 696.19 million in 2025, accounting for nearly 80% of total revenue, highlighting the effectiveness of the company's strategic shift [4][3]. Market Trends - The global market for retired lithium batteries is expected to peak soon, driven by supportive policies from major countries, including China's new regulations on battery recycling [7][8]. - The anticipated retirement of approximately 300 GWh of batteries in China by 2030, along with similar trends in Europe and North America, presents a significant growth opportunity for Jin Jing New Energy [8][9]. Catalysts for Future Growth - The company is set to launch Hong Kong's first battery processing facility, which is expected to meet the battery processing needs outlined in Hong Kong's 2035 plan, with operations commencing in 2026 [9][10]. - Existing contracts with major clients, including leading electric vehicle manufacturers, are expected to contribute significantly to future revenue growth, with estimated disposal values exceeding HKD 30 billion [11][10]. - The establishment of a global lithium battery recycling network platform, in collaboration with other industry leaders, is anticipated to enhance the company's operational capabilities and market presence [12][13]. Market Recognition - The capital market has recognized the company's successful transformation, reflected in its stock price increase since 2022 and its inclusion in the MSCI index, indicating growing institutional interest [14].