倘 閣下已出售或轉讓所有名下的中國三江精細化工有限公司股份，應立即將本通函連同隨附代表委任表 格送交買主或承讓人或經手買賣或轉讓的銀行、證券經紀或其他代理商，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 不發表任何聲明，並明確表示，概不就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。 此 乃 要 件 請 即 處 理 倘 閣下對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的證券經紀或其他註冊證券交易 商、銀行經理、律師、專業會計師或其他專業顧問。 CHINA SANJIANG FINE CHEMICALS COMPANY LIMITED 中國三江精細化工有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2198） 與美福石化及藍鯨生物能源的 持續關連交易 及 股東特別大會通告 獨立財務顧問 本封頁所用詞彙與本通函「釋義」一節所界定者具有相同涵義。 本公司謹訂於二零二六年一月十五日中午十二時正假座香港金鐘金鐘道95號統一中心5樓舉行股東特別大 會，召開大會的通告載於本通函第62至65頁。 無論 ...

Group 1 - The core viewpoint of the news is the launch of a special action by Sinopec to enhance the market value of its listed companies and improve shareholder returns [1] - The special action includes three main aspects: improving governance efficiency, enhancing the return system, and optimizing capital layout [1] - Sinopec aims to strengthen the management of its listed companies, focusing on strategic development, capital operations, and talent development in the capital market [1] - The company plans to improve its return system by enhancing information disclosure, strengthening investor relations, and maintaining a stable cash dividend policy [1] - Sinopec intends to optimize its capital layout through mergers and acquisitions, equity financing, and adjusting its industrial structure to enhance market value during the 14th Five-Year Plan period [1] Group 2 - CICC reports that the petrochemical industry has been in a downturn for approximately three and a half years, but expects a turning point due to declining capital expenditure and the exit of outdated overseas capacity [2] - The report suggests that the industry will enter a low-growth phase, with self-discipline accelerating the recovery of product profitability [2] - CICC anticipates that the demand growth in new energy and other sectors will contribute positively to the chemical industry [2] Group 3 - Related companies in the chemical industry chain listed in Hong Kong include Sinopec, Sinopec Oilfield Service, Sinopec Engineering, Shanghai Petrochemical, Sinopec Kantons, China Sanjiang Chemical, and Wuhan Organic [3]

Core Insights - The article highlights the top short-selling stocks in the market, indicating significant investor sentiment and potential market movements [1][2]. Short-Selling Ratios - Anta Sports (82020) has the highest short-selling ratio at 100.00%, followed by China Mobile (80941) at 86.71% and BYD Company (81211) at 82.34% [1][2]. - Other notable companies with high short-selling ratios include China Resources Beer (80291) at 74.99% and JD.com (89618) at 71.60% [2]. Short-Selling Amounts - Xiaomi Group (01810) leads in short-selling amount with 2.798 billion, followed by Tencent Holdings (00700) at 1.686 billion and Ping An Insurance (02318) at 1.465 billion [1][2]. - Alibaba (09988) and Meituan (03690) also feature prominently with short-selling amounts of 1.424 billion and 1.253 billion respectively [2]. Deviation Values - China Sanjiang Chemical (02198) has the highest deviation value at 41.73%, indicating a significant difference from its average short-selling ratio over the past 30 days [1][2]. - Other companies with high deviation values include Television Broadcasts (00511) at 38.56% and China Mobile (80941) at 38.41% [2].

CHINA SANJIANG FINE CHEMICALS COMPANY LIMITED 中國三江精細化工有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2198） 延遲寄發通函 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。 有關 與美福石化及藍鯨生物能源的 非豁免持續關連交易 茲提述本公司日期為二零二五年十一月二十一日的公告（「該公告」），內容關於（其 中包括）非豁免持續關連交易。除另有界定者外，本公告所用詞彙與該公告所界定 者具相同涵義。 誠如該公告所披露，一份載有（其中包括）(i)有關三江化工與美福石化訂立的石腦油 買賣協議的進一步資料；及(ii)有關三江化工與藍鯨生物能源訂立的蒸氣購買協議、 液化石油氣購買協議及燃氣購買協議的進一步資料；(iii)獨立董事委員會就上述非 豁免持續關連交易向獨立股東作出的推薦建議；(iv)獨立財務顧問就上述非豁免持 續關連交易向獨立董事委員會及獨立股東發出的意見函件；及(v)股東特別大會通告 的通函 ...

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: 中國三江精細化工有限公司 本月底法定/註冊股本總額： HKD 500,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 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) | 02198 | 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 | | | 1,190,000,000 | | 0 | | 1,190,000,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 1,190,000,000 | | 0 | | 1,190,000,000 | ...

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 SANJIANG FINE CHEMICALS COMPANY LIMITED 中國三江精細化工有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2198） 與美福石化及藍鯨生物能源的 持續關連交易 持續關連交易 於二零二五年十一月二十一日（交易時段後），(1)本公司與美福石化訂立美福石化 持續關連交易，期限各自為截至二零二八年十二月三十一日止不多於三年，及(2) 三江化工與藍鯨生物能源訂立藍鯨生物能源持續關連交易，期限各自為截至二零 二八年十二月三十一日止約三個年度。 上市規則涵義 (A) 與美福石化的持續關連交易 於最後可行日期，美福石化由管先生透過管先生及其家族控制的多間投資控 股公司間接擁有約80%。由於韓女士為執行董事及管先生的配偶，而管先生 為美福石化的董事及控股股東，並為本公司的控股股東，故美福石化乃管先 生及韓女士的聯繫人，並因此為本公司的關連人士。因此，(1)裝卸服務 ...

Core Viewpoint - China Sanjiang Chemical (02198.HK) has seen its stock price increase by over 5%, currently trading at 2.83 HKD with a trading volume of 7.1971 million HKD [2] Summary by Category - **Stock Performance** - The stock price of China Sanjiang Chemical has risen by 5.6% [2] - Current trading price is 2.83 HKD [2] - Total trading volume reached 7.1971 million HKD [2]

Core Viewpoint - China Sanjiang Chemical (02198) saw a stock price increase of over 5%, reaching HKD 2.83 with a trading volume of HKD 7.1971 million, following the announcement of a price hike in organic silicon DMC to RMB 13,200 per ton, an increase of approximately RMB 200 per ton from before the meeting [1] Company Summary - China Sanjiang Chemical is primarily engaged in the production and supply of ethylene oxide, ethylene glycol, polypropylene, and surfactants [1] - The company's main products include ethylene oxide, ethylene glycol, polypropylene (PP), surfactants, water-reducing agents, methyl tert-butyl ether/carbon four (MTBE/C4), and crude pentene, among others [1] - The company also provides processing services for polypropylene, methyl tert-butyl ether, and surfactants, and produces and supplies other chemical products, including carbon four, unprocessed pentene, and industrial gases such as oxygen, nitrogen, and argon [1] - The company operates in both domestic and international markets [1] Industry Summary - According to CITIC Securities, the chemical industry has experienced a decline in profitability for three consecutive years since 2022, with some sectors facing intense competition and overall industry losses [1] - In response to the domestic "anti-involution" initiative, multiple industries are actively promoting self-discipline to restore product supply-demand balance, boost product prices, and enhance industry profitability [1]

Group 1 - China Sanjiang Chemical (02198) saw a stock increase of over 5%, currently up 5.6% at HKD 2.83, with a trading volume of HKD 7.1971 million [1] - The price of organic silicon DMC has been raised to RMB 13,200 per ton, an increase of approximately RMB 200 per ton compared to before the recent meeting [1] - Since 2022, the chemical industry has experienced a continuous decline in profitability for three consecutive years, with some sectors facing intense competition and overall industry losses [1] Group 2 - Multiple industries have actively responded to the domestic "anti-involution" initiative, promoting industry self-discipline to restore product supply-demand balance, increase product prices, and enhance industry profitability [1] - China Sanjiang Chemical primarily engages in the production and supply of ethylene oxide, ethylene glycol, polypropylene, and surfactants, among other chemical products [1] - The company also provides processing services for polypropylene, methyl tert-butyl ether, and surfactants, and produces other chemical products including C4, unprocessed pentene, and industrial gases such as oxygen, nitrogen, and argon [1]

FF301 第 1 頁 共 10 頁 v 1.1.1 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10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: 中國三江精細化工有限公司 呈交日期: 2025年11月3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) | 02198 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | H ...