廣西基地一期復合肥項目成功投產 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. * 1866 自願公告 於本公告日期，本公司執行董事為劉興旭先生、張慶金先生及閆蘊華女士；及本公司獨 立非執行董事為王建源先生、李生校先生、王為仁先生及李紅星先生。 * 僅供識別 - 2 - 中國心連心化肥有限公司（「本公司」）董事會（「董事會」）欣然宣佈，二零二四年十二月二 十六日，本公司附屬公司廣西心連心化學工業有限公司（「廣西基地」）一期復合肥項目順 利投入生產，設計產能30萬噸╱年。 廣西基地共規劃三期復合肥項目，總產能為100萬噸╱年。經市場調研，隨著農業產業的 發展，華南地區對肥料的需求持續增長。廣西基地所生產的高效復合肥產品，有助於減 少化肥施用總量，促進土壤健康和生態平衡，助力實現農業綠色可持續發展。 廣西基地位於廣西壯族自治區貴港市桂平新材料產業園內，交通條件便利，具有重要的 區域經濟輻射作用，能夠便捷 ...

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. * 1866 自願公告 關於6萬噸聚甲醛項目之最新進展 本公告乃自願作出，旨在使中國心連心化肥有限公司（「本公司」，連同其附屬公司統稱為 「本集團」）股東及潛在投資者知悉本公司之最新業務發展。 誠如該公告所披露，該項目是公司高質、高效發展戰略的部署之一，該項目的順利建 成、運行，不僅有利於新疆基地資源利用效率提高，還實現了基礎化工甲醇的產業鏈延 伸升級，符合本集團新疆基地「資源高轉化」的發展定位，有助於本集團收入及利潤的提 升。此外，該項目亦標誌著本集團將更好的發揮研發優勢，形成技術核心競爭力，更好 滿足國內外高端化工新材料領域的消費升級需要。基於上述，董事會認為該項目有利於 本集團的長遠發展，利於提升本集團的整體利益，更好實現高質量發展的社會價值。 - 1 - 本公司股東及潛在投資者於買賣本公司股份時，務請審慎行事。 承董事會命 中國心連心化肥有限公 ...

| 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 2024年12月3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 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | ...

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，並明確表示概不會就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。 CHINA XLX FERTILISER LTD. * 1866 2024年11月29日舉行之股東特別大會之投票結果 董事會欣然宣佈，於2024年11月29日舉行之股東特別大會上提呈之全部決議案已獲正 式通過。 中國心連心化肥有限公司（「本公司」）董事會（「董事會」）欣然宣佈，於2024年11月29日舉 行之本公司股東特別大會（「股東特別大會」）上提呈之決議案已以一股一票投票表決方式 獲正式通過。 投票結果如下： | | 普通決議案 | 票數(%) | （附註(a)） | | --- | --- | --- | --- | | | | 贊成 | 反對 | | 1. | 考慮及批准本公司日期為2024年11月6日的 | 356,920,316 | 0 | | | 通函所載第8項決議案的建議修訂，內容有 | (100.00%) | (0.00%) | | | 關於2024年5月17日舉行的本公司股東週年 | ...

CHINA XLX FERTILISER LTD. 中國心連心化肥有限公司 * Should you have any queries relating to the content of this letter, please call the telephone hotline of the Hong Kong Share Registrar at (852) 2980 1333 during business hours (9:00 a.m. to 5:00 p.m. from Monday to Friday, excluding public holidays) or send an email to chinaxlx-ecom@hk.tricorglobal.com. (Incorporated in Singapore with limited liability) （ 在 新 加 坡 註 冊 成 立 之 有 限 公 司 ） (Hong Kong Stock Code╱香港股份代號 : 1866) NOTIFICATION LETTER 通知信函 6 November 2024 Dear Non ...

CHINA XLX FERTILISER LTD. 中國心連心化肥有限公司 * China XLX Fertiliser Ltd. (the "Company") Notice of Publication of Circular, Notice of Extraordinary General Meeting and Proxy Form ("Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.chinaxlx.com.hk and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk, or the printed form of Current Corporate Communication are ...

* 1866 股東特別大會通告 茲通告中國心連心化肥有限公司（「本公司」）謹訂於二零二四年十一月二十九日下午二時 假座中國河南省新鄉經濟開發區心連心大道七號門研發樓六樓第二會議室舉行二零二四 年第三次股東特別大會（「大會」或「股東特別大會」），以考慮及酌情通過下列決議案（不論 有否修訂）為本公司之普通決議案： 本股東特別大會通告中所有未曾界定的詞彙與本公司日期為二零二四年十一月六日的股 東通函（「通函」）中所賦予的含義相同。 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通告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通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. 承董事會命 中國心連心化肥有限公司 主席 劉興旭 普通決議案 - 1 - 1. 考慮及批准本公司日期為二零二四年十一月六日的通函所載第8項決議案的建議修 訂，內容有關於二零二四年五月十七日舉行的本公司股東週年大會上授予董事會回 購本公司股份的一般授權。 2. 考慮及批准本公司日期為二零二四年十一月六日的通函所載第9項決議案的建議修 ...

倘 閣下未能親身出席股東特別大會，務請儘早將隨附的代表委任表格按其上印列的指示填妥 及簽署，並交回本公司的香港股份過戶登記分處卓佳證券登記有限公司，地址為香港夏愨道16 號遠東金融中心17樓，惟無論如何須於股東特別大會或其任何續會指定舉行時間四十八小時前 交回（即不遲於二零二四年十一月二十七日下午二時。股東填妥及交回代表委任表格後，仍可 依願親身出席股東特別大會，並於會上投票。 此乃要件 請即處理 二零二四年十一月六日 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下的股票經紀、持牌證券交 易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下中國心連心化肥有限公司股份全部售出或轉讓，應立即將本通函連同隨附的代 表委任表格送交買主或承讓人或經手買賣或轉讓的銀行、持牌證券交易商或證券註冊機構或其 他代理商，以便轉交買主或承讓人。 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通函的內容概不負責，對其準確性 或完整性亦不發表聲明，並明確表示，概不對因本通函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。 CHINA XLX FERTILISER LTD. * 2 ...

Investment Rating - The report maintains a "Buy" rating for China Heart and Heart Fertilizer with a target price of HKD 6.5, indicating a potential upside of 55% from the current price of HKD 4.2 [4][3]. Core Insights - The company reported a revenue of RMB 17.42 billion for the first three quarters, a slight decrease of 0.6% year-on-year, while net profit attributable to shareholders increased by 80.7% year-on-year to RMB 1.53 billion, aligning with expectations [2][3]. - The strong profit growth is attributed to a decrease in raw material prices and stable production operations, leading to a 5% increase in gross profit [2]. - The company sold 100% equity in Tianxin Coal Industry, generating an investment income of RMB 790 million, with a total of RMB 800 million received by the end of the third quarter [2]. Revenue Breakdown - Urea revenue accounted for RMB 5.62 billion, representing 32% of total revenue, with a sales volume of 2.768 million tons, up 33% year-on-year, despite a 14% decline in average selling price to RMB 2029 per ton [3]. - Compound fertilizer revenue was RMB 4.65 billion, making up 27% of total revenue, with stable sales volume and a gross margin increase of 5 percentage points due to higher sales of efficient fertilizers [3]. - Methanol revenue reached RMB 1.89 billion, contributing 11% to total revenue, with a 2% increase in average selling price and a 17% rise in sales volume [3]. - The report anticipates a seasonal fluctuation in demand for compound fertilizers and a gradual stabilization of fertilizer prices due to supply constraints and recovering demand [3]. Financial Performance - The company achieved a gross margin of 30% for urea, 17% for compound fertilizers, and 8% for methanol, with notable improvements in profitability across various segments [3]. - The report projects a revenue growth rate of 4.1% for FY2024, with net profit expected to increase significantly by 73.4% [5][7].

Summary of Conference Call Records Company and Industry Overview - The company operates in the chemical industry, specifically focusing on fertilizer production, utilizing a circular economy approach to optimize its supply chain and reduce environmental pollution [1][2][3] - The company aims to become the most respected fertilizer enterprise in China, with major production bases located in Henan, Xinjiang, and Jiangxi [1][3] Key Points and Arguments Production Capacity and Strategy - Current total production capacity includes 3.9 million tons of urea and 4.15 million tons of compound fertilizer [1] - Future strategic planning includes expanding production bases in Guangxi and Xinjiang, aiming for a nationwide layout of large and small bases [1][3] - The company has achieved industry-leading scale and profitability, being one of the few domestic companies producing both urea and compound fertilizers at a large scale [1][3] Financial Performance - For the first three quarters of 2024, the company reported sales revenue of approximately RMB 17.42 billion, with net profit of about RMB 2.031 billion, a 75% year-on-year increase [4] - Urea sales volume reached 2.7684 million tons, a 33% increase year-on-year, with revenue from urea at approximately RMB 5.618 billion, a 15% increase [4][5] - The compound fertilizer segment saw a profit increase of 77%, with overall sales volume remaining stable at 1.7342 million tons [5] Market Dynamics and Pricing - Raw material prices have been declining, impacting product prices; however, the company has managed to maintain stable sales through increased production capacity and marketing efforts [4][5] - The company anticipates that the market for fertilizers will improve in 2024, driven by rising agricultural product prices and supportive government policies [10][11] Environmental and Technological Initiatives - The company emphasizes environmental protection and resource utilization, adhering to a green development philosophy [2][3] - Significant investments in technology and innovation have been made, including the establishment of a three-tier ESG governance structure [2] Competitive Advantages - The company has a low-cost and differentiated competitive advantage, supported by over 50 years of production management experience [3][7] - It is recognized as a benchmark enterprise for energy efficiency in the industry, with a 10% cost advantage over similar companies [7] Future Outlook - The company plans to enhance its product structure and expand its market share by focusing on high-consumption products and improving brand competitiveness [3][6] - The goal is to increase the proportion of high-efficiency fertilizers in total sales to 80% by 2027 [26] Additional Important Information - The company has established a unique marketing service system to provide comprehensive support to farmers, enhancing the adoption of high-efficiency fertilizers [9][26] - The company is actively pursuing international expansion while maintaining its focus on the fertilizer business [7][32] - Capital expenditures are projected to remain stable, with a focus on completing ongoing projects and potentially increasing dividends post-2024 [31][32] This summary encapsulates the key insights from the conference call, highlighting the company's strategic direction, financial performance, market dynamics, and future outlook in the chemical and fertilizer industry.