CHINA XLX FERTILISER LTD. 中國心連心化肥有限公司 * （ 在 新 加 坡 註 冊 成 立 之 有 限 公 司 ） （香港股份代號：1866） 獲批新豁免以嚴格遵守上市規則第3.28條及第8.17條 茲提述中國心連心化肥有限公司（「本公司」）日期為二零二五年十一月十三日之公告（「該 公告」）。內容有關（其中包括）向香港聯合交易所有限公司（「聯交所」）提交申請，尋求新 豁免（「新豁免」）以豁免在剩餘豁免期（即自二零二五年十一月十三日（即甘美霞女士（「甘 女士」獲委任為本公司聯席公司秘書（「聯席公司秘書」）的生效日期）至二零二八年六月十 五日）（「剩餘豁免期」）內嚴格遵守香港聯合交易所有限公司（「聯交所」）證券上市規則（「香 港上市規則」）第3.28條及第8.17條。除文義另有所指外，本公告所用詞彙與該公告所界 定者具有相同涵義。 如該公告所披露，因聯席公司秘書變更，本公司已向聯交所提交申請，尋求新豁免以涵 蓋剩餘豁免期。於二零二五年十一月十八日，聯交所授出新豁免以豁免在剩餘豁免期內 嚴格遵守聯交所香港上市規則第3.28條及第8.17條，並須遵守以下條件： (i) 石慧儀女士（「石女士」） ...

继文先生辞任后，甘美霞女士(甘女士，彼具备香港上市规则第3.28 条所规定的必要专业资格及相关经 验)已获委任为联席公司秘书、授权代表及法律程序代表，自2025年11月13日起生效，以接替文先生。 石慧仪女士(石女士)将继续担任另一位联席公司秘书。 智通财经APP讯，中国心连心化肥(01866)发布公告，文润华先生(文先生)已辞任本公司其中一位联席公 司秘书(联席公司秘书)、香港联合交易所有限公司(联交所)证券上市规则(香港上市规则)第3.05条项下的 本公司授权代表(授权代表)及香港上市规则第19.05(2)条及香港法例第622章公司条例第16部项下代表本 公司于香港接收法律程序文件及通知之法律程序代表(法律程序代表)，自2025年11月13日起生效。 ...

继文先生辞任后，甘美霞女士(甘女士，彼具备香港上市规则第3.28条所规定的必要专业资格及相关经 验)已获委任为联席公司秘书、授权代表及法律程序代表，自2025年11月13日起生效，以接替文先生。 石慧仪女士(石女士)将继续担任另一位联席公司秘书。 中国心连心化肥(01866)发布公告，文润华先生(文先生)已辞任本公司其中一位联席公司秘书(联席公司 秘书)、香港联合交易所有限公司(联交所)证券上市规则(香港上市规则)第3.05条项下的本公司授权代表 (授权代表)及香港上市规则第19.05(2)条及香港法例第622章公司条例第16部项下代表本公司于香港接收 法律程序文件及通知之法律程序代表(法律程序代表)，自2025年11月13日起生效。 ...

格隆汇11月13日丨中国心连心化肥(01866.HK)宣布：文润华已辞任公司其中一位联席公司秘书、香港联 合交易所有限公司证券上市规则第3.05条项下之公司授权代表及香港上市规则第19.05(2)条及香港法例 第622章公司条例第16部项下代表公司于香港接收法律程序文件及通知之法律程序代表，自2025年11月 13日起生效。 同日宣布，继文润华辞任后，甘美霞，彼具备香港上市规则第3.28条所规定的必要专业资格及相关经 验)已获委任为联席公司秘书、授权代表及法律程序代表，自2025年11月13日起生效。 ...

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，概不對因本公告全部或任何部份內容 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。 CHINA XLX FERTILISER LTD. 中國心連心化肥有限公司 * （ 在 新 加 坡 註 冊 成 立 之 有 限 公 司 ） （香港股份代號：1866） (1)變更聯席公司秘書、授權代表及香港法律程序代表 及 (2)豁免嚴格遵守上市規則第3.28條及第8.17條 變更聯席公司秘書、授權代表及香港法律程序代表 中國心連心化肥有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈：文潤華先生 （「文先生」）已辭任本公司其中一位聯席公司秘書（「聯席公司秘書」）、香港聯合交易所有 限公司（「聯交所」）證券上市規則（「香港上市規則」）第3.05條項下之本公司授權代表（「授 權代表」）及香港上市規則第19.05(2)條及香港法例第622章公司條例第16部項下代表本公 司於香港接收法律程序文件及通知之法律程序代表（「法律程序代表」），自二零二五年十 一月十三日起生效。 (i) 石女士於豁免期內須 ...

Industry Overview - The global potassium fertilizer market is experiencing a tightening supply-demand balance, leading to a steady increase in price levels, with the average domestic price of potassium chloride reaching 3237 RMB/ton as of November 10, reflecting a year-to-date increase of 28.66% and a year-on-year increase of 34.37% [1] - The industry gross profit for potassium chloride was reported at 1164 RMB/ton as of November 7, with an increase of approximately 400 RMB per ton compared to the same period last year [1] - Global potassium fertilizer demand is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2027, driven by population growth and increasing focus on food security [1][2] - Limited new production capacity is anticipated until the end of 2026, with existing major producers facing increased mining costs, suggesting sustained high demand in the mid-term [1] Company Insights - **Migo Group (09879)**: Ranked fourth among Chinese potassium fertilizer companies, Migo Group has comprehensive capabilities in procurement, manufacturing, processing, and sales, providing a wide range of fertilizers [3] - **Sinochem Fertilizer (00297)**: Reported a 6% year-on-year increase in net profit for the first three quarters of 2025, with revenue of approximately 19.373 billion RMB and net profit of about 1.364 billion RMB [3] - **China Heart-to-Heart Fertilizer (01866)**: Achieved revenue of 17.96 billion RMB in the first three quarters of 2025, a 3.1% increase year-on-year, but experienced a 12.8% decline in adjusted net profit due to lower urea prices and production constraints from maintenance [4] - **China National Offshore Oil Corporation Chemical (03983)**: A leading company in the domestic fertilizer and methanol industry, with a total designed capacity of 1.84 million tons of urea and significant investments in phosphate resources [5]

Industry Overview - The global potassium fertilizer market is experiencing a tightening supply-demand balance, leading to a steady increase in price levels, with the average domestic price of potassium chloride reaching 3,237 RMB/ton as of November 10, reflecting a 28.66% increase year-to-date and a 34.37% increase year-on-year [1] - The gross profit margin for the potassium chloride industry was reported at 1,164 RMB/ton as of November 7, with an increase of approximately 400 RMB per ton compared to the same period last year [1] - Global potassium fertilizer demand is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2027, driven by population growth and increasing focus on food security [1][2] - Limited new production capacity is anticipated until the end of 2026, with existing major producers facing increased mining costs, suggesting sustained high demand for potassium fertilizers in the medium term [1] Company Insights - **Migo Group (09879)**: Ranked fourth among Chinese potassium fertilizer companies by sales volume in 2023, Migo Group is a comprehensive supplier capable of providing a full production line of fertilizers, including potassium chloride and compound fertilizers [3] - **Sinochem Fertilizer (00297)**: Reported a 6% year-on-year increase in net profit for the first three quarters of 2025, with revenue of approximately 19.373 billion RMB and net profit of about 1.364 billion RMB. The company has renewed a cooperation memorandum with Jordan's Arab Potash Company for potassium fertilizer sales in China [3] - **China Heart-to-Heart Fertilizer (01866)**: Achieved revenue of 17.96 billion RMB in the first three quarters of 2025, a 3.1% increase year-on-year, but experienced a 12.8% decline in adjusted net profit due to lower urea prices and production constraints from maintenance activities [4] - **China National Offshore Oil Corporation Chemical (03983)**: A leading company in the fertilizer and methanol industry, with a total designed capacity of 1.84 million tons of urea and significant production bases across several provinces [5]

Core Points - The chairman of the board, Liu Xingxu, increased his stake in China Heartland Fertilizer (01866) by purchasing 350,000 shares at an average price of 7.29 HKD per share, totaling 2.5515 million HKD [1] - Following this purchase, the total number of shares held by Liu is approximately 442 million, representing a holding percentage of 34.45% [1]

Group 1 - The chairman Liu Xingxu increased his stake in China Heartland Fertilizer (01866) by purchasing 350,000 shares at an average price of HKD 7.29 per share, totaling HKD 2.5515 million [1] - After the purchase, the total number of shares held by Liu is approximately 442 million, representing a holding percentage of 34.45% [1]

Core Points - On November 5, 2025, Liu Xingxu, the executive director and chairman of China Heart Heart Fertilizer (01866.HK), increased his shareholding by purchasing 350,000 shares at an average price of HKD 7.29 per share, totaling approximately HKD 2.55 million [1] - Following this transaction, Liu Xingxu's total shareholding rose to 442,128,999 shares, with his ownership percentage increasing from 34.43% to 34.45% [1] Company Information - Stock Code: 01866 [2] - Company Name: China Heart Heart Fertilizer Limited [2] - Disclosure Date: November 7, 2025 [2] Shareholding Details - Major Shareholder: Liu Xingxu [3] - Transaction Type: Purchase of shares [3] - Number of Shares Purchased: 350,000 [3] - Average Price per Share: HKD 7.29 [3] - Total Shares Held Post-Transaction: 442,128,999 [3] - Percentage of Issued Shares Held: 34.45% [3] - Date of Relevant Event: November 5, 2025 [3]