Core Viewpoint - China Xuyang Group (01907.HK) announced a share buyback on November 28, spending HKD 886,000 to repurchase 400,000 shares at a price range of HKD 2.20 to 2.22 per share [1] Summary by Category - **Company Actions** - The company executed a buyback of 400,000 shares at a total cost of HKD 886,000 [1] - The repurchase price per share ranged from HKD 2.20 to HKD 2.22 [1]

Core Viewpoint - China Xuyang Group (01907) announced a share buyback plan, intending to repurchase 400,000 shares at a cost of HKD 885,800 [1] Group 1 - The company will execute the buyback on November 28, 2025 [1]

Core Viewpoint - China Xuyang Group (01907) announced a share buyback plan, investing HKD 885,800 to repurchase 400,000 shares [1] Group 1 - The company will execute the buyback on November 28, 2025 [1]

FF305 呈交日期： 2025年11月28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) | 01907 | 說明 股份 | | | | | | 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 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年1 ...

Core Viewpoint - On November 24, CATL signed a comprehensive strategic cooperation agreement with Xuyang Group to promote green and low-carbon transformation in the high-energy-consuming chemical industry through collaboration in renewable energy, new energy storage applications, electric transportation upgrades, charging infrastructure layout, and zero-carbon parks [1][2]. Group 1: Partnership Details - The agreement was signed by CATL's Vice President Meng Xiangfeng and Xuyang Group's Senior Vice President Zhang Yingwei, with key executives from both companies witnessing the signing [3]. - Xuyang Group is a leading enterprise in China's energy and chemical industry, with a diverse business portfolio including coke, chemicals, new energy, mining, new materials, technology, and digital sectors, and operates eleven production bases globally [3]. Group 2: Strategic Goals - The collaboration aims to combine CATL's advantages in new energy technology research and development, product innovation, and global market layout with Xuyang Group's extensive experience in modern green coking, basic chemicals, new energy, and park construction [2][3]. - The partnership will establish a regular collaboration system to systematically advance joint technology research, market expansion, and ecological development, facilitating the transition of the chemical industry from "high energy consumption" to "high quality" development [4].

Core Viewpoint - The strategic cooperation agreement between Xuyang Group and CATL aims to enhance collaboration in renewable energy investment, new energy storage applications, electric transportation transformation, charging infrastructure layout, and zero-carbon park construction, contributing to the development of a new blueprint for the renewable energy industry [2][3]. Group 1: Strategic Cooperation - Xuyang Group and CATL will work together to explore new models and business formats for the deep integration of chemical and renewable energy industries, aiming to create a national and global benchmark for green, low-carbon, and intelligent innovation in energy and chemicals [3]. - The partnership will leverage Xuyang's expertise in modern green coal coking, basic chemicals, and the entire renewable energy industry chain, alongside CATL's leading position in renewable energy technology research and global market layout [3]. Group 2: Market Position and Innovation - CATL is a global leader in renewable energy innovation, with a market share of 37.9% in power batteries and 40% in energy storage batteries as of 2024, maintaining its position as the top supplier for eight consecutive years in power batteries and four years in energy storage [3]. - The collaboration is expected to create new momentum for the development of the renewable energy industry by exploring new pathways for the new energy transformation of the coke and chemical industries [3]. Group 3: Operational Mechanism - Both parties will establish a long-term and stable strategic partnership, focusing on creating an efficient and pragmatic operational mechanism that penetrates specific operational levels, ensuring collaboration in technology development, market expansion, and industrial ecosystem reshaping [5].

Core Insights - China Xuyang Group has seen significant growth in its stock holdings, with a total of 352 million shares held through Hong Kong Stock Connect, representing 7.88% of total equity, an increase of 50 million shares since the beginning of 2025, marking an 88-fold increase since its listing [1] - The company has received multiple awards for its investor relations, information disclosure, ESG practices, and corporate governance, including recognition in the Fortune China 500 list, where it ranked 322nd in 2025, up 17 places from the previous year [1] Group 1: Company Performance - In 2024, China Xuyang Group reported a revenue of 47.543 billion yuan, a 3.2% increase, and has shown continuous growth in total assets and net assets since its listing, with total assets reaching 59.841 billion yuan (+11.2%) and net assets at 15.877 billion yuan (+9.7%) [3] - The company maintained profitability with a net profit of 0.98 billion yuan in 2024, demonstrating strong market competitiveness despite industry-wide losses [3] - In the first half of 2025, the company achieved record high production volumes in its coke and chemical new materials businesses, with 10.88 million tons and 2.85 million tons produced, respectively, reflecting a significant increase in profitability metrics [3] Group 2: Business Expansion and Strategy - China Xuyang Group has established nine production parks across various regions, including Hebei, Shandong, and Inner Mongolia, and has provided operational management services to 18 coking and chemical companies [2] - The company has developed a unique chemical industry chain starting from coke, expanding into carbon materials, aromatics, and alcohol amines, while also venturing into hydrogen energy and new materials [2] - The operational scale of the company has reached 28.64 million tons per year, with a production capacity of 22.6 million tons of coke and 6.04 million tons of chemicals [2] Group 3: Future Outlook - As China Xuyang Group approaches its 30th anniversary in 2025, it aims to continue its strategic expansion from coke and chemicals to new energy and materials, increasing R&D investment and promoting digital transformation [4] - The company aspires to be a world-leading energy and chemical company, focusing on innovation and contributing to social progress, while maintaining its commitment to high-quality sustainable development [4]

Core Insights - China Xuyang Group has seen significant growth in its stock holdings, reaching 352 million shares by November 21, 2025, which is 7.88% of total shares, an increase of 50 million shares since the beginning of 2025, marking an 88-fold increase since its listing [1] - The company has received multiple accolades for its sustainable development practices and has been included in various major indices, reflecting strong market recognition and investor confidence [1] - In 2024, the company reported a revenue of 47.543 billion yuan, a 3.2% increase, and maintained profitability with a net profit of 0.98 billion yuan despite industry challenges [3] Group 1 - The company has established nine production parks across various regions, providing operational management services to 18 coking and chemical companies, and has developed a unique chemical industry chain [2] - Xuyang has expanded its product offerings significantly, with a total operational scale of 28.64 million tons per year, including 22.6 million tons of coke and 6.04 million tons of chemicals [2] - The company has achieved remarkable growth in its new operational management services and high-purity hydrogen sales, with increases of 114% and 115% respectively [3] Group 2 - In the first half of 2025, the company achieved record high volumes in its coke and chemical new materials businesses, with significant increases in gross profit, EBITDA, and net profit [3] - The company is celebrating its 30th anniversary in 2025 and has made substantial investments in R&D and digital transformation, establishing itself as a leader in sustainable development [4] - Xuyang aims to continue its commitment to becoming a world-leading energy and chemical company, focusing on innovation and contributing to social progress [4]

Summary of Key Points Core Viewpoint - A total of 36 companies conducted share buybacks on November 24, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent on buybacks. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.022 million shares for a total of 636 million yuan, representing 0.825% of its total share capital for the year [1][2]. - China COSCO Shipping (01919) repurchased 3 million shares for 40.35 million yuan, accounting for 1.604% of its total share capital [2]. - China International Marine Containers (02039) repurchased 4.8904 million shares for 35.9467 million yuan, which is 1.530% of its total share capital [2]. Group 2: Other Notable Buybacks - China Feihe (06186) repurchased 7.233 million shares for 29.9668 million yuan, representing 1.969% of its total share capital [2]. - Sinopec Limited (00386) repurchased 4.054 million shares for 17.7861 million yuan, which is 0.150% of its total share capital [2]. - Pacific Basin Shipping (02343) repurchased 5 million shares for 12.757 million yuan, accounting for 1.555% of its total share capital [2]. Group 3: Smaller Buybacks - MONGOL MINING (00975) repurchased 390,000 shares for 3.6551 million yuan, which is 0.124% of its total share capital [2]. - Miniso Group (09896) repurchased 866,800 shares for 31.938 million yuan, representing 0.372% of its total share capital [2]. - Weigao Group (01066) repurchased 40,000 shares for 211,600 yuan, accounting for 4.379% of its total share capital [3].

Core Viewpoint - China Xuyang Group (01907) announced a share buyback plan, investing HKD 4.335 million to repurchase 1.985 million shares [1] Summary by Category Company Actions - The company will repurchase shares at a total cost of HKD 4.335 million [1] - A total of 1.985 million shares will be bought back as part of this initiative [1]