Core Viewpoint - The annual performance report of Jin Jing New Energy for the year ending March 31, 2025, reveals significant growth, with a 92.3% increase in revenue to HKD 870 million, marking a historical high. The company's gross profit surged by 266.8% to HKD 103 million, and net loss narrowed from HKD 78.9 million to HKD 15.7 million, indicating a strong recovery towards breakeven [1][2]. Business Restructuring and Growth Drivers - The remarkable performance is attributed to a strategic transformation over three years, focusing on reverse supply chain management and environmental services, which contributed approximately HKD 696 million in revenue, a 204% increase. The green energy sector now constitutes 80% of total revenue [1][3]. - Key growth engines include vertical integration through acquisitions of local recycling firms, enhancing the battery recycling lifecycle, and horizontal collaborations, such as the strategic partnership with Guoxuan High-Tech, which aims to tap into a market worth HKD 22.8 billion for overseas retired battery disposal [4][6]. Policy Environment and Strategic Depth - Jin Jing New Energy has positioned itself advantageously within the industry, leveraging early entry into the battery recycling market. The recent government action plan emphasizes full-chain management and digital traceability, aligning with the company's existing framework [6][7]. - The anticipated surge in retired battery volumes, projected to reach 820,000 tons by 2025, presents a significant market opportunity, especially as current recovery rates remain below 25%. The company is well-placed to capture market share as the industry consolidates [7][8]. Capital Premium and Value Transformation - The capital market has responded positively to the company's growth, with a cumulative stock increase of 265.85% in 2024. As of June 27, 2025, the market capitalization reached HKD 10.96 billion, reflecting investor confidence in its business model [10][11]. - The company's unique position as the only overseas battery recycling entity in the Hong Kong market, combined with its extensive logistics network across 28 countries, creates a competitive moat. The upcoming battery processing facility in Hong Kong is expected to align with the market's growth trajectory [11][12]. Conclusion - Jin Jing New Energy's explosive growth is a result of strategic foresight and execution, establishing a robust competitive advantage in the global green circular economy. The company is transitioning from a dark horse to a standard in the industry, poised for significant value reassessment as battery recycling becomes a core focus [15].

Financial Performance - For the fiscal year ending March 31, 2025, the company reported revenue of approximately HKD 869.7 million, an increase of about HKD 417.5 million or 92.3% compared to HKD 452.2 million for the fiscal year ending March 31, 2024[3]. - The gross profit for the fiscal year ending March 31, 2025, was approximately HKD 102.7 million, up by about HKD 74.7 million or 266.8% from HKD 28.0 million in the previous year, resulting in a gross margin of approximately 11.8%[3]. - The adjusted EBITDA turned from a loss of approximately HKD 40.1 million for the fiscal year ending March 31, 2024, to a profit of approximately HKD 44.8 million for the fiscal year ending March 31, 2025, an improvement of about HKD 84.9 million[3]. - The net loss attributable to the company's owners for the fiscal year ending March 31, 2025, was approximately HKD 15.7 million, significantly reduced from a loss of HKD 78.9 million in the previous year[3]. - Basic and diluted loss per share for the fiscal year ending March 31, 2025, was approximately HKD 1.22, compared to HKD 6.61 for the fiscal year ending March 31, 2024[5]. Assets and Equity - The company's non-current assets increased to approximately HKD 341.6 million as of March 31, 2025, from HKD 158.9 million in the previous year[6]. - Current assets decreased to approximately HKD 537.7 million as of March 31, 2025, compared to HKD 665.7 million in the previous year[6]. - The company's total equity increased to approximately HKD 467.0 million as of March 31, 2025, from HKD 233.9 million in the previous year[7]. Revenue Segmentation - The group reported segment revenue from external customers of HKD 869,730,000 for the year ending March 31, 2025, with contributions of HKD 174,011,000 from upper structure construction and HKD 695,719,000 from reverse supply chain management and environmental services[15]. - For the year ending March 31, 2024, the segment revenue from external customers was HKD 452,192,000, with HKD 223,495,000 from upper structure construction and HKD 228,697,000 from reverse supply chain management and environmental services[16]. - Revenue from reverse supply chain management and environmental services surged to HKD 695,719,000 in 2025, up 204.5% from HKD 228,697,000 in 2024[21]. - Revenue from the construction and renovation services was HKD 174,011,000 in 2025, down 22.2% from HKD 223,495,000 in 2024[21]. Expenses and Losses - The group recorded a loss before tax of HKD 13,739,000 for the year ending March 31, 2025, which includes expenses related to share-based payments of HKD 38,914,000[15]. - The group experienced a significant loss in segment performance for the year ending March 31, 2024, with a total segment loss of HKD 20,079,000, including losses of HKD 16,508,000 from upper structure construction and HKD 3,571,000 from reverse supply chain management[16]. - Total operating expenses for the year ending March 31, 2025, were approximately HKD 121.2 million, an increase of approximately HKD 11.2 million or 10.2% from approximately HKD 110.0 million for the year ending March 31, 2024[57]. Share Capital and Dividends - The company did not recommend the payment of a final dividend for the fiscal year ending March 31, 2025, consistent with the previous year[3]. - The company plans to increase its authorized share capital from HKD 15 million (1.5 billion shares) to HKD 30 million (3 billion shares) as approved on September 28, 2023[47]. - The company issued a total of 191,890,000 new shares at a placement price of HKD 0.4 per share, raising approximately HKD 18 million on April 11, 2023[47]. - The company completed a debt capitalization agreement, issuing 103,650,000 shares at HKD 0.4 per share to settle HKD 41.46 million in notes, with net proceeds of approximately HKD 41.396 million after expenses[47]. - The company did not declare any dividends for 2025, consistent with 2024[26]. Employee and Operational Metrics - As of March 31, 2025, the group employed a total of 54 employees, an increase from 45 employees as of March 31, 2024[72]. - Total salary and related costs for the year ending March 31, 2025, amounted to approximately HKD 60.1 million, compared to HKD 45.6 million in 2024[72]. Compliance and Governance - The company has complied with the corporate governance code applicable to its operations as of March 31, 2025[95]. - The Audit Committee, established on July 25, 2018, consists of four independent non-executive directors and has reviewed the group's internal controls, risk management, and financial reporting for the fiscal year ending March 31, 2025[98]. - The auditors confirmed that the preliminary announcement aligns with the audited consolidated financial statements for the year ending March 31, 2025, but did not provide any opinion or verification conclusion[99]. Future Outlook and Plans - The company anticipates continued growth in its reverse supply chain management and environmental services, leveraging opportunities from proposed collaborations with European partners[52]. - The company plans to issue an additional 41,221,000 shares and 66,240,000 shares under various placements and incentive plans in the upcoming fiscal periods[47][48].

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 （於開曼群島註冊成立的有限公司） （股份代號：1783） 根據一般授權認購新股份 董事會欣然宣佈，於2025年6月18及20日（聯交所交易時段後），本公司與認購人分別訂 立認購協議，據此，本公司已有條件同意按認購價配發及發行認購股份，而認購人已有 條件同意按認購價認購認購股份。 認購股份相當於(i)於本公告日期已發行股份總數約0.897%；及(ii)經配發及發行認購股 份擴大後已發行股份總數約0.889%（假設於本公告日期至配發及發行認購股份期間已發 行股份總數並無變動）。 認購協議須待（其中包括）聯交所上市委員會批准認購股份上市及買賣後，方告完成。 認購股份將根據一般授權發行，毋須經股東批准。 預期認購事項之所得款項總額將約為99,330,300.00港元，而認購事項之所得款項淨額總 額（經扣除所有專業費用及 ...

Group 1: Regulatory and Industry News - The Financial Regulatory Bureau has issued a notice to the industry stating that the dividend levels of participating insurance must not engage in "involutionary" competition [3] - In the photovoltaic sector, a "production reduction order" is expected to be upgraded in the third quarter, with a 10% decrease in operating rates and low-price sales subject to audit [3] - A video conference was held by three departments to strengthen the safety management of new energy vehicles, emphasizing not to engage in "involutionary" competition and not to sacrifice product performance or quality for short-term cost reduction [3] Group 2: Company-Specific News - The Shenzhen Stock Exchange has included Heng Rui Pharmaceutical in the list of eligible securities for Hong Kong Stock Connect [3] - Sanhua Intelligent Control has set the offering price for its H-shares at HKD 22.53 per share [3] - Feifan Lingyue has acquired a total of 18.09 million shares of Li Ning [3] - Jin Jing New Energy has officially launched a global lithium battery recycling network platform in collaboration with Yiwei Lithium Energy [3] - Nanjing Panda Electronics is selling its ENC equity to optimize its asset structure [3] - HYPEBEAST reported an annual loss of HKD 21.031 million, transitioning from profit to loss year-on-year [3] - NIO is speculated to be seeking strategic investors for its chip business, although this remains unconfirmed [3] - OK Blockchain Chain expects its annual loss attributable to shareholders to be no more than HKD 20 million, narrowing year-on-year [3] - Huadian International Power has received approval from the China Securities Regulatory Commission for the registration of its infrastructure REIT [3] - Xunhe Group anticipates an annual net loss of approximately HKD 4 million to HKD 7 million, transitioning from profit to loss year-on-year [3] - Shandong Xinhua Pharmaceutical has completed the Phase II clinical trial for OAB-14, a treatment for mild to moderate Alzheimer's disease, with the first patient enrolled in China [3]

Core Viewpoint - Jin Jing New Energy (01783.HK) has officially launched a global lithium battery recycling network platform in collaboration with EVE Energy, aiming to enhance the effective recovery and reuse of retired battery materials on an international scale [1] Group 1: Company Collaboration - The partnership between Jin Jing New Energy and EVE Energy is part of a memorandum to promote battery recycling networks and related projects [1] - The global lithium battery recycling network platform is set to officially launch on June 18, 2025 [1] Group 2: Strategic Goals - The collaboration focuses on global layout and digital traceability in the field of battery recycling [1] - The initiative aims to achieve effective recovery and reuse of retired battery materials internationally [1]

Core Viewpoint - The memorandum of understanding between Jin Jing New Energy and EVE Energy aims to enhance collaboration in battery recycling and sustainable practices, positioning both companies as leaders in the global renewable energy market [1][2] Group 1: Collaboration Areas - The companies will jointly build a low-cost and efficient recycling service network, integrating quality resources within the industry to develop a global battery recycling business [1] - They will expand the secondary material resource pool by leveraging existing resources and partnerships, aligning with global green supply chain management requirements [1] - The partnership will utilize digital technology for the lifecycle management and traceability of secondary materials [1] - Both companies will collaborate on battery recycling technologies, sharing or co-developing more efficient and environmentally friendly recycling methods [1] - They will work together on the development and application of cascade battery technology to support the electrification transformation in Hong Kong [1] Group 2: Strategic Implications - The collaboration is expected to optimize the battery recycling business and develop innovative cooperation models, aiming to create efficient and effective battery material recycling and green logistics solutions on a global scale [2] - This partnership aligns with the company's strategic development goals and reinforces its position as a leader in the global renewable energy market [2]

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 （於開曼群島註冊成立的有限公司） （股份代號：1783） 自願性公告 有關 與惠州億緯鋰能股份有限公司 簽署合作諒解備忘錄之 業務更新資料 本公司從事逆向供應鏈管理及綠色能源解決方案業務。 億緯鋰能為一間在中華人民共和國成立的有限公司，其股份於深圳證券交易所上市（股票 代碼：300014）。億緯鋰能主要從事消費電池、動力電池及儲能電池的研發、生產及銷售。 億緯鋰能致力於「以全場景鋰電池方案，加速萬物互聯」，構建起從材料至系統的全體系 研發平台。 訂立備忘錄的理由及裨益 本公告乃由晉景新能控股有限公司（「本公司」）自願作出，以知會其股東及潛在投資者有 關本公司之最新發展。 諒解備忘錄 於2025年3月25日，本公司與惠州億緯鋰能股份有限公司（「億緯鋰能」）（統稱「雙方」）訂立 一份諒解備忘錄（「備忘錄」）。根據備 ...

ENVISION GREENWISE HOLDINGS LIMITED 晉景新能控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1783） 董事會會議召開日期 晉景新能控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董 事會」）宣佈，董事會將於2025年6月25日（星期三）舉行董事會會議，藉以（其中包括）批准 本集團截至2025年3月31日止年度之全年業績公告以供刊發，並考慮建議派發末期股息（倘 有）。 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。 承董事會命 晉景新能控股有限公司 主席 郭晋昇 香港，2025年6月13日 於本公告日期，董事會包括四名執行董事，即郭晋昇先生、鄧志堅先生、詹志豪先生及郭 可兒女士，以及四名獨立非執行董事，即侯穎承先生、余仲良先生、藍章華先生及薛永恒 教授。 ...

公司名稱： 晉景新能控股有限公司 FF305 呈交日期： 2025年5月13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 。 | 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（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每 ...

Core Viewpoint - The strategic collaboration among JinJing New Energy, China Resource Recycling International Development, and Guangdong Bangpu Recycling Technology marks a significant step in the battery recycling industry, transitioning from fragmented competition to a systematic approach, leveraging policy insights, technological advancements, and global network coverage [1][2][7]. Strategic Collaboration - The partnership aims to integrate the full chain capabilities of resource coordination, technology research and development, and global networking, enhancing the efficiency and effectiveness of battery recycling [2][4]. - JinJing New Energy's core business includes reverse supply chain management and green energy solutions, with a global service network covering key markets in the Americas, Europe, and Asia [1][3]. Business Synergy - JinJing New Energy has established a mature recycling point network across 28 countries, which, when combined with the resources from China Resource Recycling International and the technology from Bangpu Recycling, can create an integrated model for recycling, processing, and reusing battery materials [3][5]. - The collaboration is expected to lower logistics and operational costs while promoting standardized processes, thereby enhancing customer trust in recycled material quality [3][5]. Global Expansion - The global demand for power batteries is projected to grow at a compound annual growth rate of 22.3% until 2030, with the retired battery volume expected to exceed 800 GWh, indicating a substantial market opportunity for battery recycling [3][4]. - JinJing New Energy plans to expand its service network from 10 to 100 locations globally, leveraging the international resource allocation capabilities of China Resource Recycling International and the technological output from Bangpu Recycling [3][4]. Policy Environment - Recent policies, such as the EU's "New Battery Law" and China's action plan for establishing a battery recycling system, create a favorable environment for the collaboration, emphasizing increased recycling rates and material regeneration [4][5]. - The partnership will benefit from Bangpu Recycling's established industry standards and China Resource Recycling International's experience in international green standard formulation, facilitating compliance with various regulatory requirements [4][5]. Logistics Network - JinJing New Energy's logistics network across 28 countries, combined with the strategic resource allocation from China Resource Recycling International, is expected to create an efficient battery material import-export logistics system, reducing compliance risks and costs in international transport [5][6]. - The reverse supply chain business has shown significant growth, with revenue increasing by 140% year-on-year to HKD 157 million, accounting for 63.4% of total revenue as of mid-2024 [5][6]. Conclusion - The collaboration not only enhances JinJing New Energy's competitive edge through the integration of national policy support and industry-leading technology but also establishes a comprehensive coverage from policy analysis to terminal services, unlocking collaborative value within the new energy industry [7]. - This strategic move positions JinJing New Energy to build a competitive moat in a rapidly expanding market, enabling it to meet the demands of partners like Ningde Times and Guoxuan High-Tech while gaining pricing power through resource aggregation [7].