FF301 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: 2026年3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: 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年4月1日 I. 法定/註冊股本變動 | 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) | 01938 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000, ...

珠江石油天然氣鋼管控股有限公司 CHU KONG PETROLEUM AND NATURAL GAS STEEL PIPE HOLDINGS LIMITED (於開曼群島註冊成立之有限公司) (以下稱「公司」) 提名委員會權責範圍 1. 成員 1.1. 提名委員會由董事會「董事會」委任，至少由三名成員組成。 1.2. 提名委員會之大多數成員須為獨立非執行董事。 5. 股東週年大會 5.1. 倘提名委員會主席未能出席本公司之股東週年大會，彼須安排另一名提名委 員會成員或(倘無法安排另一成員)獲其正式委任之代表代其出席。該人士須 準備在股東週年大會回應有關提名委員會活動及其職責的問題。 1.3. 提名委員會至少包括一名不同性別的董事。 2. 主席 2.1. 提名委員會主席須由董事會委任。主席須為董事會主席或獨立非執行董事。 3. 會議之法定人數 3.1. 提名委員會會議之法定人數為任何兩名成員。 4. 會議次數 4.1. 提名委員會每年至少舉行一次會議。 4.2. 除特別說明外，提名委員會開會的程序應按本公司章程細則執行。 7.1. 提名委員會須定期向董事會就其建議作匯報。 於提名委員會會議後召開之 下一次董事會 ...

CHU KONG PETROLEUM AND NATURAL GAS STEEL PIPE HOLDINGS LIMITED 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號: 1938) 董事名單與其角色及職能 珠江石油天然氣鋼管控股有限公司董事會（「董事會」）成員載列如下: 獨立非執行董事 陳平 歐陽廣華 孫輝 董事會設立3個委員會。各董事會成員在這些委員會中所擔當的成員資料如下: 審核委員會 歐陽廣華 (主席) 陳平 孫輝 提名委員會 陳平 (主席) 孫輝 陳昌 執行董事 陳昌 (主席) 陳兆年 中國廣東省，二零二六年四月一日 薪酬委員會 孫輝(主席) 陳平 陳昌 ...

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佈之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 CHU KONG PETROLEUM AND NATURAL GAS STEEL PIPE HOLDINGS LIMITED 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號: 1938) 獨立非執行董事及薪酬委員會主席、 審核委員會成員及提名委員會成員的辭任及委任 獨立非執行董事及薪酬委員會主席、審核委員會成員及提名委員會成員的辭任 珠江石油天然氣鋼管控股有限公司（「本公司」）董事（「董事」）會（「董事會」） 宣佈詹建宙先生（「詹先生」）因個人事務繁多，時間和精力分配不足，已提出辭任獨 立非執行董事職位，自二零二六年四月一日起生效。詹先生於辭任後亦將不再為本公司 薪酬委員會（「薪酬委員會」）的主席、審核委員會（「審核委員會」）的成員及提名 委員會（「提名委員會」）的成員，均自同日起生效。 詹先生已確認，彼於任何方面與董事會概無任何分歧，並且沒有任何有關其辭任的事宜 須提請本公 ...

Financial Performance - Total revenue for the year ended December 31, 2025, was RMB 2,352 million, a decrease of 20% compared to RMB 2,940 million in 2024[2] - Gross profit for 2025 was RMB 436 million, down from RMB 517 million in 2024, reflecting a gross margin decline[2] - Profit attributable to owners of the company increased to RMB 246 million in 2025 from RMB 213 million in 2024, representing a growth of 15.7%[3] - Basic and diluted earnings per share rose to RMB 0.24 in 2025, compared to RMB 0.21 in 2024[3] - Total comprehensive income for the year was RMB 256 million, up from RMB 163 million in the previous year, indicating a significant improvement[4] - The company reported a pre-tax profit of RMB 166,509,000 for the year, compared to a loss in the previous year[1] - The net profit for 2025 was approximately RMB 246,300,000, an increase from RMB 212,700,000 in 2024[69] Assets and Liabilities - Non-current assets decreased to RMB 2,755 million in 2025 from RMB 2,820 million in 2024, primarily due to depreciation[5] - Current liabilities decreased to RMB 3,458 million in 2025 from RMB 4,076 million in 2024, showing improved liquidity management[6] - The net current liability position improved to RMB (292 million) in 2025 from RMB (427 million) in 2024, indicating better financial health[6] - Total assets of the group amounted to RMB 5,920.622 million, with segment assets of RMB 6,001.169 million[20] - Total liabilities of the group were RMB 4,425.589 million, with segment liabilities of RMB 4,617.912 million[20] - As of December 31, 2025, the group's total borrowings amounted to approximately RMB 1,714,600,000, with about 40% being long-term borrowings and 60% short-term borrowings[75] - The group's debt-to-asset ratio was approximately 29.0% as of December 31, 2025, showing no significant change from 28.7% in 2024[74] Revenue Segmentation - The group reported segment revenue of RMB 2,352 million, with the steel pipe segment contributing RMB 2,216.646 million and the property development and investment segment contributing RMB 135.354 million[20] - Sales of seamless welded steel pipes generated RMB 2,216,646,000 in 2025, down from RMB 2,787,554,000 in 2024, representing a decline of approximately 20.5%[22] - The revenue from straight seam submerged arc welded pipes was approximately RMB 1,819,500,000, accounting for about 83.3% of the total steel pipe revenue[45] - The revenue from spiral submerged arc welded pipes was approximately RMB 164,800,000, representing about 11.5% of total steel pipe revenue[46] - Property development and investment revenue in 2025 was approximately RMB 135,354,000, a decrease of 11.1% or RMB 17,000,000 from RMB 152,322,000 in 2024[58] Cash Flow and Financing - Cash and cash equivalents were reported at RMB 21 million in 2025, down from RMB 53 million in 2024, reflecting tighter cash flow[10] - The group expects sufficient funds to support debt repayment within the next 12 months, with a total of approximately RMB 103.54 million in bank loans renewed and ongoing negotiations for RMB 153.5 million and RMB 40 million in other loans[12] - The group is actively negotiating with banks and other institutions to secure additional funding sources to meet operational and financial needs[12] - Financing costs for the year were RMB 93,581,000, down from RMB 110,220,000 in 2024, reflecting a decrease of about 15%[28] Operational Highlights - The company continues to engage in manufacturing and sales of welded steel pipes and property development and investment activities[11] - The group delivered 419,000 tons of steel pipes and received orders for 514,000 tons, reinforcing its leading position in the industry[38] - The group’s research and development costs amounted to RMB 113,121,000 in 2025, down from RMB 126,996,000 in 2024[8] - The company is actively participating in green energy network demonstration projects, including the successful trial production of marine photovoltaic and carbon dioxide and hydrogen transport pipelines[40] - The company aims to diversify its steel pipe applications across various infrastructure and high-end construction projects, including oil and gas transportation, petrochemicals, and renewable energy sectors[88] Employee and Operational Metrics - Employee costs for the year ending December 31, 2025, were approximately RMB 116,800,000, a decrease from RMB 123,500,000 in 2024[80] - The group had a total of 846 full-time employees as of December 31, 2025, down from 858 in 2024[81] Government and Regulatory Matters - The group received government subsidies amounting to RMB 27.357 million during the reporting period[20] - The company received government subsidies totaling RMB 27,357,000 in 2025, an increase from RMB 23,025,000 in 2024[26] - The group has made provisions of approximately RMB 44,800,000 for ongoing litigation claims as of December 31, 2025[78] Future Outlook - The group expects a challenging year in 2026 for the oil and gas industry, but anticipates continued support from increased oil and gas pipeline construction and China's focus on energy security[82] - China's crude oil production is projected to reach approximately 215 million tons and natural gas production to exceed 260 billion cubic meters in 2025, marking a significant increase[82] - The demand for carbon capture and storage (CCUS) pipelines in China is expected to grow significantly, with the need to increase carbon capture capacity from 4 million tons per year to 2.1-2.5 billion tons by 2060[87] Corporate Governance - The audit committee consists of three independent non-executive directors, with Mr. Ouyang Guanghua serving as the chairman[93] - The independent auditor, Zhongzheng Tianheng CPA Limited, has agreed to the performance figures for the year ending December 31, 2025, but did not conduct a verification work according to Hong Kong auditing standards[95] - The company does not recommend the payment of a final dividend for the year ending December 31, 2025[98] - The company will hold its annual general meeting on June 12, 2026, at 10:30 AM[99]

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佈的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或 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。 董事會會議通告 珠江石油天然氣鋼管控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）之 董事（「董事」）會（「董事會」）謹此公佈，董事會將於二零二六年三月三十日（星期一） 召開會議，會議目的包括但不限於考慮及批准本集團截至二零二五年十二月三十一日止期 間之年度業績公佈、考慮及批准宣派末期股息之建議（如有），以及處理其他事項。 承董事會命 珠江石油天然氣鋼管控股有限公司 主席 陳昌 中國廣東省，二零二六年三月十八日 於本公佈日期，董事會由兩位執行董事，即陳昌先生及陳兆年女士；及三位獨立非執行董事， 即陳平先生、歐陽廣華先生及詹建宙先生組成。 CHU KONG PETROLEUM AND NATURAL GAS STEEL PIPE HOLDINGS LIMITED 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號: 1938) ...

FF301 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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立之有限公司) II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 01938 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 1,011,142,000 0 1,011,142,000 增加 / 減少 (-) 0 0 本月底結存 1,011,142,000 0 1,011,142,000 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） | | 未符合適用的公眾持股量要求（見下方） | | 根據《主板上市 ...

FF301 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: 2026年1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: 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 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) | 01938 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000, ...

FF301 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12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: 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2026年1月6日 I. 法定/註冊股本變動 | 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) | 01938 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | 本月底法定/註 ...

FF301 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11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 珠江石油天然氣鋼管控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年12月2日 I. 法定/註冊股本變動 | 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) | 01938 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | 本月底法定/ ...