Core Viewpoint - The successful commissioning of the Jiangxi Xinyuan Chemical Industry Co., Ltd. project will enhance the company's production capacity and competitive edge in the fertilizer market [1] Group 1: Project Details - The Jiangxi Xinyuan Chemical Industry Co., Ltd. project has a designed annual production capacity of 600,000 tons of synthetic ammonia and 1.2 million tons of slow-release fertilizers [1] - The project commenced production on September 23, 2025, marking a significant milestone for the company [1] Group 2: Strategic Implications - The project will leverage the existing market and geographical advantages of the Jiangxi base, improving the efficient utilization of production capacity [1] - It aims to enhance market share while contributing incremental cash flow, supporting the company's goals for high-quality and sustainable development [1] - The initiative is expected to strengthen the company's overall competitiveness and brand influence in the industry [1]

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 ） 中國心連心化肥有限公司（「本公司」）董事會（「董事會」）欣然宣佈，二零二五年九月二十 三日，本公司附屬公司江西心連心化學工業有限公司（「江西基地」）產業鏈延伸項目（一 期）順利投入生產，具備設計年產能60萬噸合成氨及120萬噸緩控釋肥。 該項目的順利投產，將充分發揮江西基地現有的市場與區位優勢，提升高效產能利用 率，進一步鞏固成本領先優勢。在提升現有市場佔有率的同時，持續貢獻增量現金流， 為實現高質量、可持續發展注入新動能，全面增強公司的綜合競爭力與品牌影響力。 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之內容概不負責，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。 （香港股份代號：1866） 自願公告 產業鏈延伸項目（一期）成功投產 香港，二零二五年九月二十三日 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；本公司獨立 非執行董事為王建源先生、李生 ...

香港联交所最新资料显示，9月16日，执行董事张庆金增持中国心连心化肥(01866)10万股，每股作价 7.235港元，总金额为72.35万港元。增持后最新持股数目为273.3万股，最新持股比例为0.21%。 ...

智通财经APP获悉，香港联交所最新资料显示，9月16日，执行董事张庆金增持中国心连心化肥 (01866)10万股，每股作价7.235港元，总金额为72.35万港元。增持后最新持股数目为273.3万股，最新持 股比例为0.21%。 ...

| 股份代號: | 01866 | | --- | --- | | 上市法國名稱: | 中國心連心化肥有限公司 | | 日期 (日 / 月 / 年): | 19/08/2025 - 19/09/2025 | | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日期 相 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 新 | 原因 | 股份數目 | | | 請參閱上述 * 註 | 有投票權股 (日 / 月 / 年) 福 | | | | | | | | | 份自分比 | | | | | | | | | ( % ) | | DA20250917E00367 | 張慶金 | 1101(L) | | 100,000(L) | HKD 7.2350 | 2,733,000(L) | 0.21(L)16/09/2025 | 格隆汇9月19日丨根据联交所最新权益披露资料显示，2025年9月16日，中国心连心化肥(01866.HK)获执行董事张庆金在场内 ...

Group 1 - The executive director Yan Yunhua increased his stake in China Heartland Fertilizer (01866) by purchasing 60,000 shares at a price of 7.1628 HKD per share, totaling approximately 429,800 HKD [1] - Following the purchase, the total number of shares held by Yan Yunhua is approximately 252 million shares, representing a holding percentage of 19.64% [1]

Core Viewpoint - The executive director Yan Yunhua increased his stake in China Heartland Fertilizer (01866) by purchasing 60,000 shares at a price of HKD 7.1628 per share, totaling approximately HKD 429,800, which indicates confidence in the company's future prospects [1] Summary by Category Shareholding Activity - Yan Yunhua acquired 60,000 shares of China Heartland Fertilizer on September 2 [1] - The purchase price was HKD 7.1628 per share, leading to a total investment of about HKD 429,800 [1] - Following this transaction, Yan's total shareholding increased to approximately 252 million shares, representing a 19.64% ownership stake in the company [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 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9月4日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 III.已發行股份及/或庫存股份變動詳情 (A). 股份期權（根據發行人的股份期權計劃） 不適用 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01866 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份） ...

Core Insights - The article discusses how Xinyan Group, a leading enterprise in the coal chemical industry, has evolved its approach to risk management by integrating futures trading into its operations, transitioning from a passive to an active optimization strategy [1][3][8] Group 1: Company Background and Initial Challenges - Xinyan Group, established in 2003 and listed in 2005, has a strong foothold in the coal chemical sector, with a management team experienced in the industry [1] - The company faced significant challenges due to market price volatility, with methanol prices dropping by 30% within six months and export profits for urea being eroded by international shipping costs [1] Group 2: Shift in Strategy and Learning Journey - In 2019, the team began exploring the futures market after a learning trip to southern China, where they observed successful integration of futures in trading practices [2] - The realization that futures could serve as essential risk management tools led to a shift in the company's mindset, prompting core team members to obtain futures trading qualifications [2][4] Group 3: Implementation and Operational Changes - By September 2024, Xinyan Group's subsidiary, Xinnuo Chemical, adopted a bold strategy of selling spot goods first and then repurchasing from the futures market, effectively locking in profits [4] - Xinnuo Chemical's operations have expanded significantly, with methanol trade volume reaching approximately 1.2 million tons in 2024, establishing a solid foundation for futures application [5] Group 4: Practical Applications and Benefits - The integration of futures pricing into the procurement, production, and sales processes has allowed Xinnuo Chemical to effectively manage costs and enhance customer loyalty through futures pricing options [5] - A collaborative approach with a methanol trader demonstrated the effectiveness of using futures to mitigate price discrepancies and reduce delivery costs [6] Group 5: Challenges and Future Directions - Despite notable successes, Xinyan Group still faces challenges related to understanding and decision-making barriers regarding futures trading [6][7] - The company plans to enhance training and expand its professional team to improve expertise in asset allocation and hedging strategies [7] Group 6: Industry Impact and Future Outlook - Xinyan Group's experience serves as a model for other enterprises in the industry, promoting a collaborative risk management ecosystem among regional chemical companies [8] - The integration of production, trade, and futures is seen as a transformative approach that not only stabilizes operations but also opens new avenues for value creation [8]

Core Insights - The executive director Zhang Qingjin increased his stake in China Heartland Fertilizer (01866) by purchasing 20,000 shares at a price of HKD 7.49 per share, totaling HKD 149,800 [1] - Following this transaction, the total number of shares held by Zhang is now 2.485 million, representing a holding percentage of 0.19% [1]