Core Viewpoint - China Heartland Fertilizer (01866.HK) announced a share buyback on October 31, spending HKD 2.847 million to repurchase 389,000 shares [1] Group 1 - The company executed a buyback of 389,000 shares at a total cost of HKD 2.847 million [1]

FF305 第 1 頁 共 6 頁 v 1.3.0 FF305 確認 不適用 第一章節註釋： 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。 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) | 公司名稱： | China XLX Fertiliser Ltd. 中國心連心化肥有限公司（於新加坡註冊成立之有限公司） | | | | --- | --- | --- | --- | | 表格類別： 呈交日期： | 股票 2025年10月31日 | 狀態： | 新提交 | 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 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price raised to HKD 10.0, indicating a potential upside of 36% from the current price of HKD 7.35 [1][4][7]. Core Insights - The company's revenue for the first three quarters of 2025 reached RMB 17.96 billion, a year-on-year increase of 3.1%, while the adjusted net profit attributable to shareholders was RMB 840 million, down 12.8% year-on-year. The performance was in line with expectations [2][4]. - The decline in net profit was primarily due to a decrease in urea prices and systematic maintenance at key production bases, which limited the release of core product capacity and increased production costs [2][3]. - New projects are expected to significantly reduce production costs, leading to a potential surge in profitability as these low-cost capacities are gradually released [4]. Financial Performance Summary - Urea's average selling price for the first three quarters was RMB 1,703 per ton, down 16% year-on-year, with sales volume decreasing by 4% to 2.668 million tons. The gross margin for urea fell by 7 percentage points to 22% [3]. - The company experienced a total production reduction of approximately 269,000 tons across key products, impacting profits by about RMB 230 million [2][3]. - The new phase of the Jiujiang base commenced operations in Q3 2025, utilizing more efficient and environmentally friendly technology, which is expected to lower overall production costs by 10% [4]. Financial Projections - The forecasted sales revenue for FY2025 is RMB 25.44 billion, with a growth rate of 10% [5]. - The projected net profit for FY2025 is RMB 1.09 billion, reflecting a decline of 25% compared to the previous year [5]. - The gross margin is expected to be 16.3% in FY2025, with a net profit margin of 4.3% [5].

Group 1 - The company China Heart and Heart Fertilizer (01866.HK) announced a share buyback on October 30, spending HKD 2.7784 million to repurchase 378,000 shares [1] - The chairman of the board, Liu Xingxu, increased his holdings by acquiring 579,000 shares [1]

智通财经APP讯，中国心连心化肥(01866)公布，2025年10月30日耗资约277.84万港元回购37.8万股股 份。 ...

Core Viewpoint - China Heartland Fertilizer (01866.HK) announced a share buyback of 378,000 shares at a cost of HKD 2.7784 million on October 30 [1] Summary by Category - **Company Actions** - The company executed a share repurchase, acquiring 378,000 shares for a total expenditure of HKD 2.7784 million [1]

Group 1 - The company China Heart and Heart Fertilizer (01866) announced a share buyback plan, intending to repurchase approximately 378,000 shares at a cost of about HKD 2.7784 million by October 30, 2025 [1]

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： | China XLX Fertiliser Ltd. 中國心連心化肥有限公司（於新加坡註冊成立之有限公司） | | | | 呈交日期： | 2025年10月30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) | 01866 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 ...

Core Insights - The article reports that Liu Xingxu, the Executive Director and Chairman of China Heart Heart Fertilizer (01866.HK), increased his shareholding by purchasing 579,000 shares at an average price of HKD 7.31 per share, totaling approximately HKD 4.2325 million [1] - Following this transaction, Liu's total shareholding increased to 440,248,999 shares, raising his ownership percentage from 34.26% to 34.31% [1] Related Events - China Heart Heart Fertilizer (01866.HK) saw an increase in shareholding by Chairman Liu Xingxu, who purchased 704,000 shares [2]

智通财经APP获悉，香港联交所最新资料显示，10月28日，主席刘兴旭增持中国心连心化肥(01866)57.9 万股，每股作价7.31港元，总金额为423.25万港元。增持后最新持股数目约为4.40亿股，最新持股比例 为34.31%。 ...