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。 Wuhan Youji Holdings Ltd. 公告 須予披露及非豁免持續關連交易 向新康化工採購設備生產、安裝及維護服務 獨立董事委員會之獨立財務顧問 緒言 武 漢 有 機 控 股 有 限 公 司 茲提述本公司日期為二零二四年六月七日之招股章程（「招股章程」）中「持續 關連交易 — 5.新康化工提供設備生產、安裝及維護服務」部分。本公司於二零 二四年五月二十一日與新康化工訂立二零二四年新康框架協議，據此，新康化 工同意向本公司供應設備、管道及配件（包括不銹鋼及碳鋼容器、冷凝器、熱 交換器），並向本集團提供安裝服務。 董事會宣佈，本公司與新康化工於二零二六年二月十日（交易時段後）協議終 止二零二四年新康框架協議，並訂立二零二六年新康框架協議，其目的包括但 不限於：(i)修訂截至二零二六年十二月三十一日止年度的年度上限；及(ii)釐 定截至二零二七年及二零二八年十二月三十一日止各年度的年度上限。二零 ...

格隆汇2月10日丨武汉有机(02881.HK)宣布，于2026年2月10日，公司全资附属公司武汉有机实业与新康 化工订立2026年新康技术服务框架协议，据此，武汉有机实业同意就新康化工为其独立第三方客户所承 接外部项目向新康化工提供技术服务及工艺包。 ...

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。 Wuhan Youji Holdings Ltd. | 日期 | ： | 二零二六年二月十日 | | --- | --- | --- | | 訂約方 | ： | (i) 武漢有機實業（作為服務供應商）；及 | | | | (ii) 新康化工（作為服務接收方）。 | | 年期 | ： | 二零二六年一月一日至二零二八年十二月三十一 | | | | 日 | | 主體事項 | ： | 武漢有機實業應就新康化工為獨立第三方所承 | | | | 接外部項目向新康化工提供技術服務及工藝包。 | | | | 技術服務包括（其中包括）：(i)商業協商支援；(ii) | | | | 制訂技術提案及解決方案；(iii)安裝指導；(iv)場 | | | | 內技術指導；及(v)調試運行支援。 | – 1 – 工藝包包括（其中包括）：(a)工藝流程描述；(b)配 有工藝數據的工藝流程圖(PFD)；(c)管道及儀表 流程圖(P& ...

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: 武漢有機控股有限公司 呈交日期: 2026年2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) | 02881 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,000 | 本月底法定/註冊股本總額： USD ...

Group 1 - The core viewpoint of the articles indicates that the chemical industry is experiencing a prolonged period of negative growth in PPI, with projections suggesting a recovery phase starting around 2026 as domestic and international demand rebounds [2][3] - The chemical market has seen significant price increases recently, with epoxy propylene prices rising by 7.9% in the week of January 12-18, indicating potential upward momentum in the sector [2] - The chemical industry is characterized by a cyclical nature, typically following a five-year cycle of "profit upturn - capacity expansion - profit bottoming - capacity clearance/demand expectation improvement," suggesting a favorable outlook for the upcoming phase [2] Group 2 - Major chemical companies, such as China National Chemical Corporation, hold over half of the global market share, which may lead to a decrease in capital expenditure intensity and an increase in dividend payout ratios in the coming years [3] - The recent winter storm in the U.S. has disrupted natural gas and electricity supplies, affecting chemical production in key areas like Texas, which may impact global supply stability for major chemical products [3] - The domestic chemical sector is at a dual inflection point in terms of capacity and inventory cycles, with potential supply declines from overseas benefiting domestic production rates and overall industry recovery [3] Group 3 - Relevant Hong Kong-listed companies in the chemical sector include Sinopec (600028), Sinopec Oilfield Service (600871), Sinopec Engineering (02386), Shanghai Petrochemical (600688), and others [4]

Group 1 - The national industrial product PPI, production material PPI, and chemical industry PPI are expected to show negative year-on-year growth for 38 consecutive months by November 2025, marking the second longest period of negative growth in history after the 2012-2016 cycle [1] - As of December 2025, among 111 tracked chemical products, 30 products are in the lowest 10% price percentile, and 70 products are in the lowest 30% price percentile, indicating significant price pressure in the chemical sector [1] - Recent price increases have been observed in the chemical market, with epoxy propylene prices rising by 7.9% week-on-week and organic silicon intermediates also experiencing price increases [1] Group 2 - The bulk chemical market is at a dual inflection point of capacity and inventory cycles, with expectations of entering an upturn as domestic and international demand recovers by 2026 [2] - The extreme winter weather in the U.S. has disrupted natural gas and electricity supplies, affecting chemical production in key areas like Texas, which may impact global supply stability for bulk chemicals [2] - The potential decline in overseas supply could enhance domestic chemical production rates and improve market conditions, particularly for refining, ethylene, acetic acid, MDI, and TDI [2] Group 3 - Relevant Hong Kong-listed companies in the chemical sector include Sinopec (00386), Sinopec Oilfield Service (01033), Sinopec Engineering (02386), Shanghai Petrochemical (00338), Sinopec Kantons (00934), China Sanjiang Chemical (02198), and Wuhan Organic (02881) [3]

Group 1 - The core viewpoint indicates that the chemical industry is experiencing a prolonged period of negative growth in PPI, with projections suggesting a potential recovery as demand stabilizes and capital expenditure decreases [1][2] - The chemical market has seen significant price increases recently, with epoxy propylene prices rising by 7.9% week-on-week, indicating a potential shift in market dynamics [1] - The cyclical nature of the chemical industry is highlighted, with expectations of entering an upward phase as domestic and international demand recovers by 2026 [2] Group 2 - The report notes that the U.S. is facing supply disruptions due to extreme winter weather, impacting energy prices and chemical production in key areas like Texas, which may affect global supply stability [2] - The domestic chemical industry is at a dual inflection point in terms of capacity and inventory cycles, suggesting that potential supply declines from overseas could enhance domestic production rates and improve market conditions [2] - Key sectors of interest include refining, ethylene, acetic acid, MDI, and TDI, which are expected to benefit from these market changes [2] Group 3 - Relevant companies in the chemical sector include Sinopec, Sinopec Oilfield Service, Sinopec Engineering, Shanghai Petrochemical, Sinopec Kantons, China Sanjiang Fine Chemicals, and Wuhan Organic [3]

Group 1 - Since 2022, the chemical industry has faced price declines due to new capacity coming online and falling crude oil prices, leading to a decrease in overall profitability as companies adopt a price-for-volume strategy to capture market share [1] - In 2024, most chemical prices are stabilizing at low levels, with profitability still under pressure; however, the introduction of growth stabilization measures may lead to the elimination of some outdated capacities, improving the overall supply-demand balance and potentially enhancing product profitability [1] - According to Huatai Securities, by the second half of 2025, the profitability of bulk chemicals is expected to hit a ten-year low due to weak demand and the end of supply-side increases, with the current downturn resembling the bottom of the basic chemical sector in late 2015 [1] Group 2 - The chemical industry is characterized as a typical cyclical industry, usually experiencing a five-year cycle that includes phases of "profit upturn - capacity expansion - profit bottoming - capacity clearance/demand expectation improvement" [2] - With capital expenditure growth turning negative, anti-involution trends, global interest rate cuts, and domestic demand expansion, there is optimism for the chemical sector entering a "dawn" phase at the beginning of the 14th Five-Year Plan [2] - The chemical industry chain includes several Hong Kong-listed companies such as Sinopec (600028)(00386), Sinopec Oilfield Service (600871)(01033), and Shanghai Petrochemical (600688)(00338) [3]

Group 1 - Since 2022, the chemical industry has faced price declines due to new capacity coming online and falling crude oil prices, leading to a decrease in overall profitability as companies adopt a price-for-volume strategy to capture market share [1] - In 2024, most chemical prices are stabilizing at the bottom, with profitability still under pressure; however, the introduction of growth stabilization measures may lead to the elimination of some outdated capacities, improving the overall supply-demand balance and potentially enhancing product profitability [1] - According to Huatai Securities, by the second half of 2025, the profitability of bulk chemicals is expected to hit a ten-year low due to weak demand and the end of supply-side increments, similar to the industry losses seen at the end of 2015 [1] Group 2 - The chemical industry is characterized as a typical cyclical industry, usually experiencing a five-year cycle through stages of "profit upturn - capacity expansion - profit bottoming - capacity clearance/demand expectation improvement" [2] - With negative growth in capital expenditure, anti-involution trends, global interest rate cuts, and domestic demand expansion, the chemical sector is anticipated to enter a "dawn" phase at the beginning of the 14th Five-Year Plan [2] - Related Hong Kong stocks in the chemical industry include Sinopec (00386), Sinopec Oilfield Service (01033), Sinopec Engineering (02386), Shanghai Petrochemical (00338), Sinopec Kantons (00934), China Sanjiang Chemical (02198), and Wuhan Organic Chemicals (02881) [3]

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: 武漢有機控股有限公司 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) | 02881 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 500,000,000 | USD | | 0.0001 | USD | | 50,000 | 本月底法定/註冊股本總額： USD ...