Group 1 - The core viewpoint of the article highlights the growth in motorcycle production and sales in China, particularly focusing on Jiangsu Innovation Motorcycle Manufacturing Co., which reported a production increase of 27.66% and a sales increase of 20.33% in September 2025 [1] - Jiangsu Innovation Motorcycle Manufacturing Co. produced 3,000 motorcycles in September 2025, with a sales volume of 2,811 motorcycles, resulting in a production-sales ratio of 93.7% and an inventory of 189 units [1] - The article references a comprehensive market assessment and development strategy report for the motorcycle industry in China from 2026 to 2032, published by Zhiyan Consulting [1] Group 2 - The listed companies in the motorcycle industry include Qianjiang Motorcycle, Xinlong Health, Zhenghe Industrial, Jiuqi Co., Linhai Co., Shanghai Phoenix, Zhonglu Co., Lifan Technology, Chuncheng Power, Aima Technology, Longxin General, Yong'an Travel, New Day Co., Lvtong Technology, Taotao Vehicle, and Huayang Racing [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The article emphasizes Zhiyan Consulting's commitment to providing comprehensive industry solutions and market insights to empower investment decisions [1]

致：香港交易及結算所有限公司 公司名稱: 江蘇創新環保新材料有限公司 呈交日期: 2025年11月5日 I. 法定/註冊股本變動 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10月31日 狀態: 新提交 | 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) | 02116 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 | HKD | | 15,000,000 | 本 ...

Jiangsu Innovative Ecological New Materials Limited 江蘇創新環保新材料有限公司 董事會提名委員會職權範圍 Terms of reference of the Nomination Committee of the Board of Directors (Adopted pursuant to a resolution passed by the board of directors of the Company dated 11 March 2018, and amended on 28 December 2018 and 30 October 2025) （根據於二零一八年三月十一日通過的 本公司董事會決議案予以採納，並於二零一八年十二月二十八日 及二零二五年十月三十日修訂） – 1 – Jiangsu Innovative Ecological New Materials Limited 江蘇創新環保新材料有限公司 （"Company" and 「本 公 司」） Terms of reference of the Nomination Committee ...

Core Insights - The 2025 China International University Student Innovation Competition concluded at Zhengzhou University, with Jiangsu province having 157 universities participating, forming over 80,000 teams and over 320,000 participants, leading to 180 projects entering the finals, with the highest number of gold awards in the nation [1] - The competition showcased cutting-edge technologies from top universities, including Tsinghua University and Oxford University, with Nanjing University of Aeronautics and Astronautics winning third place [1] Group 1: Innovation and Technology - The "Light Shield" project, developed by Nanjing University of Aeronautics and Astronautics, addresses electromagnetic interference in AI training, reducing signal attenuation by approximately 9.6% and has secured cooperation orders with several copper cable companies [2] - The project aims to expand its application to smart healthcare and digital finance, with a clear goal of promoting Chinese electromagnetic shielding technology globally [2] - The "Zero Wing Takeoff" project has developed a three-degree-of-freedom flight control system, addressing long-standing issues in general aviation, with plans for applications in urban air travel and low-altitude commuting [2][3] Group 2: Market Potential and Funding - The "Zero Wing Takeoff" project has gained significant attention from investors, with a product matrix that includes models in production, under review, and in research, creating a closed-loop in technology and manufacturing [3] - The project has been recognized as a promising investment opportunity, with the Shanghai Yuanshuo Fund expressing commitment to support its development as "patient capital" [3] Group 3: Practical Applications and Entrepreneurship - Students from Jiangsu Maritime Vocational and Technical College have successfully developed a propeller design that significantly improves efficiency, leading to the establishment of a company with over 3.5 million yuan in orders [4] - The focus on practical, industry-relevant innovations demonstrates the unique value of vocational education in contributing to low-carbon transitions in manufacturing [4] - The project led by Nanjing University’s PhD student, which focuses on low-altitude optical information networks, has successfully transitioned into a business, securing 9.5 million yuan in initial funding and aiming for 30 million yuan in revenue this year [6]

Core Insights - The article discusses the performance of the motorcycle industry in China, highlighting specific companies and their production and sales figures for August 2025 [1] Company Performance - Jiangsu Innovation Motorcycle Manufacturing Co., Ltd. produced 2,100 motorcycles in August 2025, representing a year-on-year decrease of 6.67% [1] - The sales volume for the same period was 2,092 units, also showing a year-on-year decline of 6.65% [1] - The production and sales rate stood at 99.62%, with a backlog of 8 units [1] Industry Overview - The article references a comprehensive market assessment report by Zhiyan Consulting, covering the motorcycle industry in China from 2026 to 2032 [1] - Zhiyan Consulting is noted as a leading industry consulting firm in China, providing in-depth research reports and tailored services for investment decisions [1]

致：香港交易及結算所有限公司 公司名稱: 江蘇創新環保新材料有限公司 呈交日期: 2025年10月6日 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9月30日 狀態: 新提交 本月底法定/註冊股本總額： HKD 15,000,000 FF301 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) | 02116 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | ...

Regulatory Environment - The company develops, produces, and markets refining additives and oil products that reduce harmful emissions and comply with evolving regulatory requirements[14]. - The implementation of China's National VI emission standards began on July 1, 2023, prohibiting the production, import, and sale of vehicles that do not meet these standards[15]. - The modification of the "Emission Standards for Pollutants from the Petroleum Refining Industry" will be implemented on July 1, 2024, imposing stricter requirements on emissions from refining enterprises[15]. - The upcoming National VII emission standards are expected to be released in 2027 and implemented in 2029, focusing on dual control of pollutants and greenhouse gases[15]. - The company is committed to adapting to the evolving regulatory landscape to maintain its market position and product relevance[14]. Market Demand and Performance - The company anticipates sustained demand for its existing products due to new regulatory measures and standards, despite a challenging market environment[16]. - The gasoline market showed weak supply and demand in the first half of 2025, with terminal consumption declining and average prices decreasing[16]. - The average operating rate of major state-owned refineries in China slightly decreased compared to the same period last year due to weak demand, despite a rebound in June following maintenance and new capacity coming online[16]. - The company is aware of the rapid development of the electric vehicle industry impacting domestic gasoline and diesel demand, which has not increased in tandem with refining capacity growth[16]. Financial Performance - Total revenue for the first half of 2025 reached approximately RMB 87.7 million, an increase of about 26.8% compared to the same period last year[21]. - Net profit for the first half of 2025 was approximately RMB 9.8 million, representing a year-on-year increase of about 42.9%[21]. - The average gross profit margin for product sales improved year-on-year due to a slight decrease in average raw material costs[21]. - Revenue increased by 26.8% from RMB 69.1 million to RMB 87.7 million for the six months ended June 30, 2025[1]. - Gross profit increased from RMB 19.0 million to RMB 24.9 million, with gross margin improving from 27.5% to 28.4%[1]. - Net profit rose by 42.9% from RMB 6.9 million to RMB 9.8 million, attributed to a higher gross profit[1]. Research and Development - The company obtained 3 national invention patents in the first half of 2025, enhancing its competitiveness and future development potential[22]. - The company will actively collaborate with research institutions to develop additives and agents required for producing high-end chemical materials like ethylene and polyolefins[30]. - The company anticipates significant demand for additives and agents due to the increasing production of ethylene and polyolefins in China[19]. - Research and development expenses (excluding depreciation) increased to RMB 4,046,000 in 2025 from RMB 3,261,000 in 2024, reflecting a growth of 23.9%[122]. Operational Efficiency - The company plans to continue optimizing production processes to reduce raw material and energy consumption, thereby improving production efficiency and product quality[30]. - The company aims to strengthen its procurement bidding capabilities while diversifying its customer base and business opportunities[30]. - The company has successfully improved its ranking in the procurement process with Sinopec, leading to increased sales volumes compared to the previous year[21]. Cash Flow and Assets - Cash and cash equivalents increased by 19.8% from RMB 85.3 million to RMB 102.1 million[1]. - The net cash generated from operating activities for the six months ended June 30, 2025, was RMB 25,562,000, compared to RMB 15,198,000 for the same period in 2024, marking a 68.2% increase[111]. - The company's total equity as of June 30, 2025, was RMB 236,742,000, an increase from RMB 224,261,000 at the end of June 2024[108]. - The total inventory as of June 30, 2025, was RMB 36,731,000, up from RMB 28,877,000 as of June 30, 2024, indicating a rise of 27.3%[129]. Challenges and Future Outlook - The company is facing challenges in expanding production facilities due to stricter regulatory approvals following a major chemical accident in Jiangsu Province[66]. - The company is exploring the possibility of producing additives and agents for non-refining industries, considering the ongoing developments in the electric vehicle market and domestic refining industry trends[66]. - The company emphasizes operational resilience and strategic flexibility in the use of the remaining net proceeds, monitoring market dynamics closely[69]. Corporate Governance - The company maintained compliance with the Corporate Governance Code throughout the reporting period[90]. - There were no significant related party transactions for the six months ended June 30, 2025, consistent with the previous period[138].

Core Viewpoint - The report highlights the current state and future prospects of the motorcycle industry in China, emphasizing production and sales data from Jiangsu Innovation Motorcycle Manufacturing Co., Ltd. for July 2025, which shows a slight decline in both production and sales compared to the previous year [1] Group 1: Company Performance - Jiangsu Innovation Motorcycle Manufacturing Co., Ltd. produced 2,000 motorcycles and sold 2,001 motorcycles in July 2025, reflecting a year-on-year decrease of 0.84% in production [1] - The production and sales rate for Jiangsu Innovation Motorcycle Manufacturing Co., Ltd. was reported at 100.05%, indicating a near-complete sell-through of produced units [1] Group 2: Industry Insights - The report is part of a broader market research initiative by Zhiyan Consulting, which specializes in providing in-depth industry research and consulting services [1] - The motorcycle industry in China is undergoing analysis to identify investment opportunities and market trends from 2025 to 2031, as indicated by the title of the report [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: 江蘇創新環保新材料有限公司 呈交日期: 2025年9月4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) | 02116 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.01 HKD | | 15,000,000 | 本月底法定/註冊股本總額： HKD 15, ...

Core Insights - Jiangsu Innovation (02116) reported revenue of 87.65 million RMB for the six months ending June 30, 2025, representing a year-on-year increase of 26.78% [1] - The company achieved a profit of 9.817 million RMB during the same period, which is a year-on-year increase of 42.9% [1] - Basic earnings per share were reported at 2.05 cents [1]