執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 衍生工具 | 其他類別產品 | 清結衍生工具合約 | 2,300 | 2025 年 9 月 1 | $62.6337 | $18,482.4600 | 3,234,100 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 日 | | | | | 衍生工具 | 其他類別產品 | 清結衍生工具合約 | 2,600 | 2025 9 1 年 月 日 | $62.6000 | $20,859.7700 | 3,231,500 | | 衍生工具 | 其他類別產品 | 清結衍生工具合約 | 600 | 2025 年 9 月 1 日 | $62.5833 | $4,812.3000 | 3,230,900 | | 衍生工具 | 其他類別產品 | 清結衍生工具合約 | 19,300 | 2025 9 1 年 月 日 | $62.6124 | $154,882.2200 | 3,211,600 | | 衍生工具 | 其他類別產品 | 清結衍生工具合約 | 4,900 | ...

2025 年 9 月 2 日 透過協議安排進行私有化 就新奧天然氣股份有限公司的股份的交易披露 註： Morgan Stanley Capital Services LLC 是與要約人有關連的第(5)類別聯繫人。 交易是為本身帳戶進行的。 Morgan Stanley Capital Services LLC 是最終由摩根士丹利擁有的公司。 這些是有關新奧天然氣股份有限公司 A 股進行的交易。交易以人民幣進行。 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： 交易披露 | 交易方 | 日期 | | | 有關證券的說明 | 產品說明 | 交易性質 | | 與衍生工具 | 到期日或清結日 | | 參考價 | 已支付／已收取 | 交易後數額（包括 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 有關的參照 | | | | 的總金額 | 與其訂有協議或 | | | | | | | | | | | 證券數目 ...

就新奧天然氣股份有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | 有關證券的說明 | 產品說明 | 交易性質 | | 與衍生工具有關 | 到期日或清結日 | | 參考價 | 已支付／已收取 | 交易後數額（包括 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 的參照證券數目 | | | | 的總金額 | 與其訂有協議或 | | | | | | | | | | | | | 達成諒解的任何 | | | | | | | | | | | | | 人士的證券） | | Morgan | 2025 年 9 月 1 日 | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 400 | 2026 年 4 | 月 28 | $18.7700 | $7,508.0000 | 0 | | Stanley Bank, | | | | 賣出 | | | 日 | | | | | | N.A. | | 衍生工具 | ...

2025 年 9 月 2 日 透過協議安排進行私有化 就新奧能源控股有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | | | 有關證券的說 | 產品說明 | 交易性質 | 與衍生工具有 | 到期日或清結 | 參考價 | 已支付／已收取 | 交易後數額（包 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 明 | | | 關的參照證券 | 日 | | 的總金額 | 括與其訂有協議 | | | | | | | | | 數目 | | | | 或達成諒解的任 | | | | | | | | | | | | | 何人士的證券） | | Morgan | 2025 | 年 9 | 月 1 | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | 200 | 2026年 1 月30 | $62.6000 | $12,520.0000 | 0 | | Stanley | 日 | | | | | ─ 買入 | | 日 | | ...

2025 年 9 月 2 日 交易披露 透過協議安排進行私有化 就新奥天然气股份有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | 有關證券的說 | 交易性質 | 買入／賣出 | 涉及的股份總 | 已支付／已收取的 | 已支付或已收 | 已支付或已收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 明 | | | 數 | 總金額 | 取的最高價 | 取的最低價 | | | | | | | | | （H） | （L） | | UBS AG | 2025 年 9 月 1 日 | 普通股 | 因全屬客戶主動發出且由客戶需求帶動的買賣 | 買入 | 419,500 | $7,847,703.0458 | $18.8159 | $18.6435 | | | | | 盤所產生的 Delta 1 產品的對沖活動 | | | | | | | | | 普通股 | 因全屬客戶主動發出且由客戶需求帶動的買賣 | 賣出 | 189,500 | $3,535,377.9883 ...

Core Viewpoint - DBS released a report indicating that New Oriental Energy (02688) experienced a domestic profit growth of less than 1% in the first half of the year, which was below expectations, while maintaining an interim dividend of HKD 0.65 per share [1] Group 1: Financial Performance - The overall growth outlook for the group is slowing, leading to a downgrade in the target price from HKD 68 to HKD 64.5 [1] - The revenue growth forecasts for the Industrial Engineering (IE) and smart home businesses have been reduced by 11 percentage points and 10 percentage points, respectively [1] Group 2: Profit Forecast Adjustments - Domestic profit forecasts for 2025 and 2026 have been lowered by 4% and 8%, respectively [1]

智通财经APP获悉，星展发布研报称，新奥能源(02688)上半年国内利润增长低于1%，差过预期，但中 期股息维持每股0.65元。考虑到集团整体增长前景放缓，维持"持有"评级，目标价由68港元下调至64.5 港元。在当前具挑战的经济环境下，该行将IE(工业工程)及智能家居业务的营业额增长预测分别下调11 个及10个百分点，并将2025及26年国内利润预测下调4%和8%。 （原标题：星展：降新奥能源(02688)目标价至64.5港元 维持"持有"评级） ...

Core Viewpoint - CMB International has downgraded the valuation of Xin'ao Energy (02688) to a 10x forecast P/E ratio from the previous 11x, with the base year moved to 2026, and adjusted the target price from HKD 74.6 to HKD 73.66 while maintaining a "Buy" rating [1] Financial Performance - Xin'ao Energy's core profit for the first half of the year decreased by 1% year-on-year to RMB 3.2 billion, aligning with market expectations [1] - The company is expected to see a 2.2% year-on-year increase in retail gas volume for the full year of 2025, with a 2.5% increase in the second half [1] - The gross margin for the retail gas segment is projected to be 10% [1] Business Outlook - The number of new residential connections is expected to decline by 8% year-on-year to 1.49 million, with the downward trend further slowing [1] - In the energy sales segment, a slight recovery is anticipated in the fourth quarter due to normalized heating demand, with an overall year-on-year increase of 4% in energy sales for the year [1] Earnings Forecast - Due to weakened retail gas volume and energy business demand, CMB International has reduced the company's earnings forecasts for the next two years by 0.1% and 1.8% respectively, with a projected compound annual growth rate of approximately 4% for earnings from 2024 to 2027 [1]

Group 1 - The core viewpoint of the report is that China International Capital Corporation (CICC) has downgraded the valuation of Xinao Energy (02688) to a forecast price-to-earnings ratio of 10 times, down from 11 times, with the benchmark year moved to 2026 and the target price adjusted from HKD 74.6 to HKD 73.66, while maintaining a "Buy" rating [1] - Xinao Energy's core profit for the first half of the year decreased by 1% year-on-year to RMB 3.2 billion, which is in line with market expectations [1] - CICC anticipates that the demand for heating will rebound as winter temperatures return to normal in the fourth quarter, with a forecasted 2.2% year-on-year increase in retail gas volume for 2025 [1] Group 2 - The gross profit margin for the retail gas segment is expected to be 10%, while the annual increase in new residential connections is projected to decline by 8% to 1.49 million households, indicating a further slowdown in the downward trend [1] - In the energy sales segment, CICC predicts a slight recovery in sales in the fourth quarter due to normalized heating demand, with an overall year-on-year increase of 4% in energy sales for the year [1] - Due to weakened operational performance, CICC has revised down the company's earnings for the next two years by 0.1% and 1.8%, with a compound annual growth rate of approximately 4% for earnings from 2024 to 2027 [1]

2025 年 8 月 30 日 透過協議安排進行私有化 | 交易方 | 日期 | | | 買入／賣出 | 股份數目 | | 每股價格 | | 交易後數額（包括與其訂有 | 佔該類別證券的百分比（包 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | 協議或達成諒解的任何人士 | 括與其訂有協議或達成諒解 | | | | | | | | | | | 的證券） | 的任何人士的證券）% | | BlackRock, Inc. | 2025 | 年 8 | 月 29 | 賣出 | | 255,400 | | $62.7066 | 56,183,552 | 4.9665% | | | 日 | | | 買入 | | 7,800 | | $62.5000 | 56,191,352 | 4.9672% | | | | | | 賣出 | | 17,801 | | $62.5000 | 56,173,551 | 4.9656% | | | | | | 買入 | | 9,723 | | $62.7500 ...