Core Viewpoint - Jixing New Energy (03395) plans to issue 12.89125 million shares at a subscription price of HKD 0.33 per share, representing a discount of approximately 5.71% compared to the closing price of HKD 0.35 on September 5, 2025 [1] Summary by Relevant Categories - **Share Issuance Details** - The company intends to issue 12.89125 million shares, which will account for about 2.15% of the enlarged issued share capital after the subscription [1] - The subscription price is set at HKD 0.33 per share, reflecting a discount of approximately 5.71% from the market closing price on the same day [1] - **Financial Implications** - The total expected proceeds from the subscription are approximately CAD 750,000 [1] - The net proceeds from the subscription are estimated to be around CAD 732,000, which the company plans to use for general working capital [1]

Core Viewpoint - Jixing New Energy (03395) plans to issue 12,891,250 shares at a subscription price of HKD 0.33 per share, representing approximately 2.15% of the enlarged issued share capital after the issuance, with a discount of about 5.71% compared to the closing price of HKD 0.35 on September 5, 2025 [1] Summary by Relevant Sections - **Subscription Details** - The company intends to issue 12,891,250 shares to subscribers [1] - The subscription price is set at HKD 0.33 per share, which is a discount of approximately 5.71% from the closing price on September 5, 2025 [1] - **Financial Implications** - The total expected proceeds from the subscription are approximately CAD 750,000 [1] - The net proceeds from the subscription are estimated to be around CAD 732,000 [1] - The net proceeds will be used for general working capital [1]

Group 1 - The company, Jixing New Energy (03395.HK), announced a subscription agreement on September 5, 2025, to issue 12,891,250 subscription shares at a price of HKD 0.33 per share [1] - The subscription price of HKD 0.33 represents a discount of approximately 5.71% compared to the closing price of HKD 0.35 on the Hong Kong Stock Exchange on the same date [1] - The estimated net proceeds from the subscription, after deducting related expenses, will be approximately CAD 731,900, with a net subscription price of about HKD 0.322 per share [1]

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告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。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。 JX Energy Ltd. （吉星新能源有限責任公司）* （ 根據阿爾伯塔法例註冊成立的有限責任公司） （股份代號：3395） 根據一般授權建議發行新股份 董事會欣然宣佈，於二零二五年九月五日（交易時段後），本公司與認購人訂立認購協議， 據此，本公司有條件同意配發及發行，而認購人有條件同意認購12,891,250股認購股份， 認購價為每股認購股份0.33港元。 認購股份佔(i)本公司於本公告日期已發行股本約2.20%；及(ii)本公司經配發及發行認購股份 擴大後已發行股本約2.15%（假設除配發及發行認購股份外，本公司已發行股本於本公告日 期至截止日期期間並無任何變動）。 認購價每股認購股份0.33港元(i)較股份於二零二五年九月五日（即認購協議日期）在聯交所所 報收市價每股0.35港元折讓約5.71%；及(ii)較股份於截至最後交易日（ ...

茲提述吉星新能源有限責任公司*（「本公司」）日期為2025年8月14日（「2025年公告」）及2024年 3月15日（「2024年公告」）的公告，內容有關（其中包括）建議根據一般授權向個人藺皓月女士 （「藺女士」）發行新股份。除另有界定者外，本文所用詞彙與2025年公告所界定者具有相同涵 義。 本公司注意到2025年公告及2024年公告所載的一項排印錯誤，當中誤將藺女士的中文姓名標 註為「林浩月」，本公司謹此澄清，藺女士的中文姓名應為「藺皓月」。除上述者外，2025年公 告及2024年公告所載之所有其他資料維持不變。 承董事會命 吉星新能源有限公司* 柳永坦 主席兼臨時首席執行官 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告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。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。 JX Energy Ltd. （吉星新能源有限責任公司）* （ 根據阿爾伯塔法例註冊成立的有限責任公司） （股份代號：3395） 澄清公告 * 僅供識別 卡加利， ...

| 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) | 03395 | 說明 | 普通股 | | | | | | | | 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 | | | 522,886,520 | | 0 | | 522,886,520 | | 增加 / 減少 (-) | | | 62,548,866 | | | | | | 本月底結存 | | | 585,435,386 | | 0 | | 585,435,386 | 第 2 頁 共 11 頁 v 1.1.1 III.已發行股份及/或庫存股份變動詳情 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: 吉星新能源有限責任公司 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 不適用 備 ...

[Announcement Overview](index=1&type=section&id=Announcement%20Overview) This section provides a supplemental disclosure to JX Energy Ltd.'s 2024 annual report, focusing on continuing connected transactions - This announcement is a supplemental disclosure to the annual report of JX Energy Ltd. for the year ended December 31, 2024[2](index=2&type=chunk)[3](index=3&type=chunk) - The primary purpose is to provide supplementary disclosure regarding "Continuing Connected Transactions" in the 2024 Annual Report, in accordance with Listing Rule 14A.71[3](index=3&type=chunk)[4](index=4&type=chunk) [Details of Continuing Connected Transactions](index=1&type=section&id=Details%20of%20Continuing%20Connected%20Transactions) This section outlines specific agreements, associated fees, and the relationship with the connected party, along with the auditor's opinion [Gas Processing Agreement](index=2&type=section&id=Gas%20Processing%20Agreement) JX Energy Ltd. entered into a gas processing agreement with JX Energy (Canada) Ltd. on May 9, 2019, for the transportation of gas from the Voyager area using JX Energy's gathering system, with the agreement term extending to December 31, 2044, detailing estimated monthly processing fees and actual 2024 expenses - The agreement was signed on May 9, 2019, effective until December 31, 2044, with company responsibility commencing upon Voyager's operational start on June 29, 2020[5](index=5&type=chunk) Estimated Monthly Gas Processing Fees | Period | Monthly Processing Fee (CAD) | Monthly Processing Fee (HKD) | | :--- | :--- | :--- | | January 1, 2024 to December 31, 2024 | 648,000 | 3,700,000 | | January 1, 2025 to December 31, 2025 | 764,000 | 4,370,000 | | January 1, 2026 to December 31, 2026 | 912,000 | 5,200,000 | | January 1, 2027 to December 31, 2044 | 433,000 | 2,500,000 | 2024 Gas Processing Agreement Fees | Fee Type | Amount (CAD) | | :--- | :--- | | Fixed Processing Fee | 6,012,396 | | Variable Operating Costs | 70,514 | | **Total** | **6,082,910** | [Voyager Compression Agreement](index=2&type=section&id=Voyager%20Compression%20Agreement) JX Energy Ltd. entered into a Voyager compression agreement with JX Energy (Canada) Ltd. on November 1, 2019, for the transportation of natural gas and related products to the Alberta natural gas pipeline system using JX Energy's compression station and well batteries, with the agreement term extending to December 31, 2026, and a fixed monthly processing fee of CAD 146,000, along with actual 2024 expenses - The agreement was signed on November 1, 2019, effective until December 31, 2026, with company responsibility commencing upon Voyager's operational start on June 29, 2020[5](index=5&type=chunk) - The total monthly processing fee is **CAD 146,000** (equivalent to **HKD 835,120**)[5](index=5&type=chunk) 2024 Voyager Compression Agreement Fees | Fee Type | Amount (CAD) | | :--- | :--- | | Fixed Processing Fee | 1,752,000 | | Variable Operating Costs | 144,962 | | **Total** | **1,896,962** | [Relationship with Connected Person](index=2&type=section&id=Relationship%20with%20Connected%20Person) JX Energy (Canada) Ltd. is a Canadian private company controlled by Mr. Liu Yongtan, a director and Chairman of the Board of JX Energy Ltd., clarifying the connected nature of the aforementioned transactions - JX Energy (Canada) Ltd. is controlled by Mr. Liu Yongtan, who was appointed as a Director and Chairman of the Board of JX Energy Ltd. on December 18, 2019[6](index=6&type=chunk) [Auditor's Opinion](index=3&type=section&id=Auditor%27s%20Opinion) The company's auditor has confirmed to the Board that they are unaware of any matters suggesting the continuing connected transactions were not approved by the Board, did not comply with the company's pricing policy, or were not conducted in accordance with the connected transaction agreements - The auditor confirmed that the continuing connected transactions were approved by the Board[8](index=8&type=chunk) - The auditor confirmed that the transactions complied in all material respects with the company's pricing policy[8](index=8&type=chunk) - The auditor confirmed that the transactions were conducted in all material respects in accordance with the connected transaction agreements[8](index=8&type=chunk) [Other Important Disclosures](index=3&type=section&id=Other%20Important%20Disclosures) This section confirms the unchanged status of other annual report information and lists the current composition of the Board of Directors - The information in this supplemental announcement does not affect other information contained in the 2024 Annual Report, with all other information remaining unchanged except as disclosed[8](index=8&type=chunk) - As of the announcement date, the Board of Directors comprises two executive directors (Mr. Liu Yongtan, Mr. Dai Binyou) and three independent non-executive directors (Mr. Kong Zhanpeng, Ms. Du Jiewen, Ms. Wei Jia)[9](index=9&type=chunk) - The exchange rate of **CAD 1.00 to HKD 5.72** is provided in the announcement for illustrative purposes only[9](index=9&type=chunk)

Core Insights - The company, Jixing New Energy (03395), reported a total net revenue of approximately CAD 4.6897 million for the six months ending June 30, representing a year-on-year increase of 30.5% [1] - The company experienced a loss and comprehensive loss of approximately CAD 8.8888 million, which is a year-on-year increase of 22.14% [1] - The increase in losses is primarily attributed to the write-off of exploration and evaluation asset values, as well as severance costs incurred in 2024, which were offset by foreign exchange gains [1] Financial Performance - Net revenue for the period was CAD 4.6897 million, up 30.5% compared to the previous year [1] - The loss for the period was CAD 8.8888 million, reflecting a 22.14% increase in losses year-on-year [1] - Basic loss per share was CAD 0.02 [1] Operational Factors - The increase in losses is mainly due to the write-off of exploration and evaluation assets [1] - Severance costs expected in 2024 also contributed to the overall loss [1] - Foreign exchange gains partially offset the losses incurred [1]

Group 1 - The company, Jixing New Energy (03395), reported a total net income of approximately CAD 4.6897 million for the six months ending June 30, representing a year-on-year increase of 30.5% [1] - The company experienced a loss and comprehensive loss of approximately CAD 8.8888 million, which is a year-on-year increase of 22.14% [1] - The increase in losses is primarily attributed to the write-off of exploration and evaluation asset values and severance costs incurred in 2024, offset by foreign exchange gains [1]

Core Viewpoint - Jixing New Energy (03395.HK) has entered into a subscription agreement with subscriber Lin Haoyue to conditionally issue 7,775,884 shares at a subscription price of HKD 0.436 per share, representing a premium of approximately 3.81% over the closing price of HKD 0.42 on August 14, 2025 [1] Group 1 - The subscription shares represent approximately 1.33% of the company's issued share capital as of the announcement date and approximately 1.31% of the enlarged issued share capital after the subscription [1] - The net proceeds from the subscription, after deducting related expenses, are expected to be approximately CAD 576,160.50 [1] - The company intends to use the net proceeds from the subscription for general working capital purposes [1]