KANGDA INTERNATIONAL ENVIRONMENTAL COMPANY LIMITED 康達國際環保有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 6136) N O T I F I C AT I O N L E T T E R 通 知 信 函 Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07 of the Rules Governing The Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") under the expansion of paperless listing regime and electronic dissemination of corporate communicatio ...

Financial Performance - For the six months ended June 30, 2025, total revenue increased by approximately 4.6% year-on-year to RMB 1,166.5 million, driven primarily by an increase in project upgrading and renovation projects[12]. - The overall gross margin for the period was 50.3%, representing an increase of 1.5 percentage points compared to the same period last year, with gross profit reaching RMB 587.3 million, an increase of 7.9% year-on-year[12]. - The Group recorded net operating cash flow of RMB 394.2 million for the period, marking the best interim results since its listing[13]. - The total operating revenue of the Group's Urban Water Treatment services for the six months ended 30 June 2025 was RMB649.8 million, representing an increase of approximately 5% compared to RMB621.7 million for the same period last year[34][36]. - The total construction revenue recognized for 14 projects, including 12 wastewater treatment plants, was RMB133.7 million, reflecting a year-on-year increase of approximately 51% from RMB88.5 million[38][39]. - The Group recorded total revenue of RMB1,166.5 million for the six months ended 30 June 2025, an increase of approximately 5% from RMB1,115.5 million in the previous corresponding period[46][49]. - Profit before tax increased to RMB 169,989,000, up 10.9% from RMB 153,297,000 in the previous year[164]. - Profit for the period was RMB 107,395,000, slightly up from RMB 106,099,000 in 2024[164]. - Total comprehensive income for the period was RMB 111,645,000, compared to RMB 110,349,000 in 2024[165]. Cost and Expenses - Financing costs decreased significantly by approximately 15.1% year-on-year to RMB 232.7 million due to a decrease in borrowing interest rates and total liabilities[12]. - Administrative expenses decreased by approximately 8% to RMB 121.7 million for the six months ended June 30, 2025, compared to RMB 132.8 million in the previous period[54]. - Other expenses significantly increased to RMB 97.0 million for the six months ended June 30, 2025, from RMB 20.4 million in the previous corresponding period, mainly due to increased losses on disposal of a subsidiary[55]. - Income tax expense for the six months ended June 30, 2025, was RMB 62.6 million, with an effective tax rate of approximately 37%, an increase of 6 percentage points from about 31% in the previous period[63]. Assets and Liabilities - The Group's total interest-bearing debts decreased to RMB9,584.7 million as of June 30, 2025, from RMB9,854.0 million as of December 31, 2024, with 68.1% classified as long-term[88]. - The Group's gearing ratio decreased to 67.8% as of June 30, 2025, down from 69.2% in the corresponding period last year[89]. - The total daily treatment capacity for wastewater treatment plants was 4,059,500 tonnes, while the total processing volume for the six months ended June 30, 2025, was 595.0 million tonnes, a decrease of 5% compared to the same period last year[30]. - Financial receivables increased to RMB 11,681.9 million as of June 30, 2025, from RMB 11,674.0 million as of December 31, 2024, reflecting a minor increase of RMB 7.9 million[67]. - Trade receivables increased to RMB 3,335.8 million as of June 30, 2025, from RMB 3,169.7 million as of December 31, 2024, an increase of RMB 166.1 million[71]. - The total assets as of June 30, 2025, amounted to RMB 19,055,003,000, with segment assets for Urban Water at RMB 16,664,933,000[195]. - Total liabilities stood at RMB 12,924,841,000, with Urban Water segment liabilities at RMB 12,160,792,000[195]. Operational Highlights - The actual wastewater treatment volume decreased by approximately 4.7% year-on-year to 595.0 million tonnes, while the wastewater treatment plant capacity utilization rate remained high at 81%[13]. - The Group plans to enhance profitability through upgrading and expansion of existing projects and reasonable adjustments to wastewater treatment prices[17]. - The Group aims to pursue collections on accounts receivable and seek diversified solutions to reduce financial burdens and interest expenses[17]. - The wastewater treatment industry is expected to continue developing in a healthy and sustainable manner, supported by government policies and increased budget allocations[16]. - The Group plans to enhance profitability and competitiveness by further expanding its Urban Water Treatment chain[27]. Shareholder Information - Mr. Zhao Juanxian holds 546,728,004 shares, representing 25.55% of the company's issued share capital[113]. - China Water Affairs Group Limited and Sharp Profit Investments Limited each hold 608,990,000 shares, accounting for 28.46% of the issued share capital[121]. - As of June 30, 2025, no other directors or chief executives have interests or short positions in the company's shares that require disclosure[115]. - The company maintains a public float of at least 25% of its total issued share capital, as required by the Stock Exchange[124]. Governance and Compliance - The Group has complied with the Corporate Governance Code during the six months ended June 30, 2025, with no deviations reported[103]. - The Group has strengthened control over budget, risk, performance, and responsibilities to enhance operational efficiency[104]. - The Audit Committee, consisting of three independent non-executive Directors, reviewed the unaudited interim results for the six months ended June 30, 2025[148]. - The Remuneration Committee is responsible for reviewing and approving management's remuneration proposals and consists of one non-executive Director and two independent non-executive Directors as of June 30, 2025[151]. Segment Information - The Group's operating segments include Urban Water Treatment, Water Environment Comprehensive Remediation, and Rural Water Improvement, each representing a strategic business unit with distinct risks and returns[184][193]. - Urban Water Treatment segment generated revenue of RMB 1,136,702,000, contributing the majority to total segment revenue[194]. - Segment results for Urban Water Treatment were RMB 275,909,000, while Rural Water Improvement reported a loss of RMB 6,440,000[194].

Summary of Key Points Core Viewpoint - The joint offer from 康达环保 (Kangda Environmental) and 中国水务 (China Water) has concluded on September 22, 2025, with no further amendments or extensions made by the joint offerors [1]. Group 1: Offer Details - A total of 335 million shares were validly accepted under the share offer, representing approximately 14.53% of the total issued share capital of the company as of the announcement date [1]. - The valid acceptance of stock options amounted to 44.2 million options, accounting for about 26.7% of the stock options offered [1]. Group 2: Shareholding Changes - Prior to the offer period starting on September 1, 2025,段传良 (Duan Chuanliang) and Sharp Profit held 1.156 billion shares, equivalent to approximately 52.87% of the total issued share capital [2]. - Following the conclusion of the offer and considering the accepted shares,段传良 and Sharp Profit collectively held 1.491 billion shares, representing about 64.63% of the total issued share capital as of the announcement date [2].

Core Points - The joint offer for 康达环保 (Kangda Environmental) and 中国水务 (China Water) has officially closed on September 22, 2025, with no further amendments or extensions from the joint offerors [1] - A total of 335 million shares were validly accepted under the share offer, representing approximately 14.53% of the total issued share capital of the company as of the announcement date [1] - The joint offerors also received valid acceptances for 44.2 million options, accounting for about 26.7% of the options available under the offer [1] Shareholding Changes - Prior to the offer period starting on September 1, 2025,段传良 (Mr. Duan) and Sharp Profit held 1.156 billion shares, equivalent to approximately 52.87% of the total issued share capital of the company [2] - Following the closure of the offer and as of the announcement date,段传良 and Sharp Profit collectively held 1.491 billion shares, representing about 64.63% of the total issued share capital of the company [2]

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聯合公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本聯合公 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。 本聯合公告僅供參考，並不構成收購、購買或認購本公司證券之邀請或要約，亦 非在任何司法權區招攬任何投票或批准。 本聯合公告之全部或部分內容不得在、向或從任何將構成違反其適用法律或法規 之司法權區發佈、刊發或分發。 段傳良先生 KANGDA INTERNATIONAL ENVIRONMENTAL COMPANY LIMITED （於開曼群島註冊成立的有限公司） （股份代號：6136） 康 達 國 際 環 保 有 限 公 司 （於開曼群島註冊成立並遷冊往百慕達之有限公司） （股份代號：855） SHARP PROFIT INVESTMENTS LIMITED 聯合公告 (1) 第一上海證券有限公司代表聯合要約人就 收購康達國際環保有限公司已發行股份並註銷本公司 所有尚未行使購股權提出的強制性無條件現金要約截止； (2)要約結果及結算； ...

Core Viewpoint - 康达环保 has announced the issuance of a total of 75.9335 million shares on September 12, 2025, in accordance with its stock option plan, with an exercise price of HKD 0.30 per option [1] Group 1 - 康达环保 issued 75.9335 million shares [1] - The exercise price for the stock options is HKD 0.30 per option [1]

Core Viewpoint - 康达环保 announced the issuance of a total of 75.9335 million shares on September 12, 2025, in accordance with the stock option plan, with an exercise price of HKD 0.30 per option [1] Summary by Relevant Sections - **Share Issuance** - A total of 75.9335 million shares were issued [1] - The shares were issued to exercise 75.9335 million stock options [1] - The exercise price for each stock option is HKD 0.30 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 康達國際環保有限公司 呈交日期： 2025年9月12日 第 2 頁 共 6 頁 v 1.3.0 FF305 確認 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 06136 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存 ...

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。 KANGDA INTERNATIONAL ENVIRONMENTAL COMPANY LIMITED 康 達 國 際 環 保 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6136） 於 本公 告日 期， 本公 司 已發 行的 所有 類 別相 關證 券（ 定 義 見收 購守 則規 則22 註釋 4 ）的詳情以及已發行且尚未行使相關證券數目如下： (a) 已發行合共2,307,008,500股股份；及 (b) 根據購股權計劃合共44,200,000份有權認購總計44,200,000股股份的購股權。 根據收購守則規則3.8刊發之公告 本公告乃由康達國際環保有限公司（「本公司」）根據香港公司收購及合併守則（「收 購守則」）規則3.8刊發。 茲 提 述 (i ) 段 傳 良 先 生（「 段 先 生 」）、 Sha rp P ro ...

Core Viewpoint - 康达环保 (Kangda Environmental) has announced the issuance of a total of 45.4 million shares on September 5, 2025, in accordance with its stock option plan, with an exercise price of HKD 0.30 per option [1] Summary by Category - **Company Actions** - The company has exercised a total of 45.4 million stock options, resulting in the issuance of 45.4 million shares [1]