Financial Performance - The group recorded revenue of RMB 1,918.5 million for the year ended December 31, 2025, representing a 13.6% increase from RMB 1,688.4 million in 2024[3] - Profit attributable to shareholders was RMB 87.2 million, up 2.5% from RMB 85.1 million in 2024[3] - EBITDA for the year was RMB 266.3 million, a decrease of 12.7% compared to RMB 305.0 million in 2024[3] - Basic and diluted earnings per share for 2025 were RMB 0.38, compared to RMB 0.37 in 2024[3] - The total revenue for the year ended December 31, 2025, was RMB 1,918,487,000, representing an increase from RMB 1,688,431,000 in 2024, which is a growth of approximately 13.6%[25] - The total segment profit for the year was RMB 276,325,000, compared to RMB 320,176,000 in 2024, indicating a decrease of approximately 13.7%[22] - The pre-tax profit for the year was RMB 102,417,000, compared to RMB 116,274,000 in 2024, reflecting a decrease of approximately 12%[28] - The total other income and gains for the year were RMB 27,743,000, a decrease from RMB 54,832,000 in 2024, indicating a decline of approximately 49.6%[26] - The gross profit for 2025 was RMB 41.8 million, a decrease of 16.0% compared to RMB 49.7 million in 2024, resulting in a gross margin of 2.2%, down from 2.9% in the previous year[43] - The net profit for 2025 was RMB 83.2 million, a 2.0% decrease from RMB 84.9 million in 2024, while profit attributable to shareholders increased by 2.5% to RMB 87.2 million[43] Revenue Breakdown - Revenue from the clean energy and new energy business segment was RMB 16.7 million, an increase from RMB 9.1 million in 2024, with segment profit rising to RMB 10.4 million from RMB 7.5 million[3] - The city gas operation segment generated revenue of RMB 838,777,000, a decrease from RMB 928,085,000 in 2024, reflecting a decline of about 9.6%[25] - The natural gas trading and distribution segment saw significant growth, with revenue increasing to RMB 1,063,020,000 from RMB 751,199,000, marking an increase of approximately 41.5%[25] - The clean energy and new energy business segment reported revenue of RMB 16,690,000, up from RMB 9,147,000, which is an increase of about 82.5%[25] - Revenue from a major customer in the city gas operation segment was RMB 199,318,000, accounting for over 10% of the total revenue, compared to RMB 191,310,000 in 2024[24] - The revenue from urban gas business in 2025 was RMB 838.8 million, a decrease of 9.6% from RMB 928.1 million in 2024, primarily due to reduced user demand[45] Assets and Liabilities - Total assets less current liabilities amounted to RMB 1,620.1 million as of December 31, 2025, compared to RMB 1,579.1 million in 2024[8] - Current liabilities totaled RMB 2,562.5 million, down from RMB 2,871.5 million in 2024[8] - Non-current assets were RMB 3,550.8 million, slightly down from RMB 3,554.1 million in 2024[7] - The company’s total equity increased to RMB 1,523.8 million from RMB 1,480.2 million in 2024[8] - The group's net current liabilities as of December 31, 2025, are approximately RMB 1.9 billion[10] - The group's total borrowings as of December 31, 2025, were RMB 2,291.7 million, slightly down from RMB 2,333.9 million as of December 31, 2024[74] - The group's debt-to-asset ratio as of December 31, 2025, was 63.6%, improved from 66.7% as of December 31, 2024[74] Financing and Investments - A subsidiary has agreed to provide a revolving loan of HKD 1 billion to the group[12] - The group has received a preliminary offer from a bank for a revolving loan of RMB 400 million, expected in February 2026[12] - The group has secured a one-year extension on a revolving loan of approximately RMB 1.476 billion, originally due in 2026, without any adverse events occurring[12] - The group plans to continue exploring low-cost debt financing tools to reduce overall financing costs and improve financial independence and risk resilience[75] Operational Insights - The company is focused on optimizing gas procurement structures and supply networks to ensure stable operations and market share in the natural gas business[41] - The company anticipates that geopolitical complexities will continue to pose challenges in 2026, but also create new market development and green transition opportunities[41] - The National Development and Reform Commission's data indicates that the natural gas market in China is characterized by oversupply, with demand growth slowing down[38] - The company is committed to accelerating the transition to clean energy and promoting the synergistic development of new energy and its core natural gas business[41] - The company will continue to monitor geopolitical developments and optimize its business accordingly[41] Corporate Governance - The board did not recommend a final dividend for the year 2025, consistent with 2024[3] - The company did not recommend any dividends for the years ended December 31, 2025, and 2024[31] - The board has adopted the standard code of conduct for securities trading by directors as per the listing rules, confirming compliance for all directors throughout 2025[89] - The audit committee, consisting of three independent non-executive directors, has reviewed the group's accounting principles and risk management for the year[91] - The auditor has confirmed that the preliminary announcement figures align with the group's consolidated financial statements for the year ending December 31, 2025[92] Future Outlook - The company plans to establish a joint venture with Beijing Xinao New Energy Investment Co., holding 51% equity, to expand its comprehensive energy service business and enhance its sustainable development capabilities[54] - The North Qijia Business Park Energy Center project is expected to generate RMB 13.7 million in revenue for 2025, up from RMB 8.7 million in 2024, contributing a segment profit of RMB 5.4 million[52] - The energy storage business is projected to bring in RMB 2.9 million in revenue for 2025, significantly up from RMB 0.4 million in 2024, with a segment profit of RMB 1.7 million[53]

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，概不會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。 董事會會議日期 北京燃氣藍天控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）謹此宣佈， 本公司將於二零二六年三月二十五日（星期三）舉行董事會會議，藉以（其中包括） 考慮及批准刊發本公司及其附屬公司截至二零二五年十二月三十一日止年度之 全年業績公告，以及考慮派發末期股息之建議（如有）。 承董事會命 北京燃氣藍天控股有限公司 主席 李蔚齊 香港，二零二六年三月九日 於本公告日期，執行董事為李蔚齊先生、吳海鵬先生、李憲寧先生及楊碩軒先生； 非執行董事為高平先生；及獨立非執行董事為許劍文先生、徐慧敏女士及崔玉磊 先生。 BEIJING GAS BLUE SKY HOLDINGS LIMITED 北京燃氣藍天控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：6828） ...

致：香港交易及結算所有限公司 公司名稱: 北京燃氣藍天控股有限公司 呈交日期: 2026年3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) | 06828 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 91,000,000,000 | HKD | | 0.055 HKD | | 5,005,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 91,000,000,000 | HKD | | 0.055 HKD | | 5,005,000,000 | 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2月28日 狀態: 新提交 | 根據《主板上市規則》第13. ...

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: 北京燃氣藍天控股有限公司 呈交日期: 2026年2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) | 06828 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 91,000,000,000 | HKD | | 0.055 HKD | | 5,005,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 91,000,000,000 | HKD | | 0.055 HKD | | 5,005,000,000 | 本月底法定/註冊股本總額： HK ...

Core Viewpoint - Beijing Gas Blue Sky (06828) announced a lawsuit involving Dalian Zhongyou Xiuhe Energy Co., Ltd. (claimant) against Shenzhen Xinliao Oil Technology Service Co., Ltd. (Shenzhen Xinliao), the company itself, and Guizhou Shunyao Energy Investment Co., Ltd. (Guizhou Shunyao) [1] Group 1 - The lawsuit pertains to a claim filed by Dalian Zhongyou Xiuhe Energy Co., Ltd. against the mentioned parties [1] - On January 30, 2026, the company received a notification regarding an appeal submitted to the High Court by the claimant on January 10, 2026 [1] - The appeal is based on alleged errors in the judgment concerning the facts and application of the law [1]

Core Viewpoint - Beijing Gas Blue Sky (06828) announced a lawsuit involving Dalian Zhongyou Xiuhe Energy Co., Ltd. (claimant) against Shenzhen Xinliao Oil Technology Service Co., Ltd. (Shenzhen Xinliao), the company itself, and Guizhou Shunyao Energy Investment Co., Ltd. (Guizhou Shunyao) [1] Group 1 - The company received a notice on January 30, 2026, regarding an appeal submitted to the High Court by the claimant on January 10, 2026 [1] - The appeal is based on alleged errors in the factual findings and application of law in the judgment [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，概不會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。 BEIJING GAS BLUE SKY HOLDINGS LIMITED 北京燃氣藍天控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：6828） 內幕消息 有關訴訟的最新消息 本公告乃由北京燃氣藍天控股有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.09(2)條以及香港法例第571章證券及期貨條例第XIVA部項下的 內幕消息條文作出。 茲提述本公司日期為2022年4月19日、2025年3月20日及2025年12月31日的公告（「該 等公告」），內容有關（其中包括）大連中油秀河能源有限公司（「索償人」）針對深 圳新遼油技術服務有限公司（「深圳新遼」）、本公司及貴州舜堯能源投資有限公司 （「貴州舜堯」）提出索賠（「該訴訟」）。除本公告另有界定者外，本公告所用詞彙與 該等公告所界定者具有相同涵義。 上訴通知 誠如本公司日期為2025年12月31日的公告所披露，倘任何一方對判 ...

Core Viewpoint - Beijing Gas Blue Sky (06828) announced a lawsuit filed by certain claimants against Hill Hero Limited and Shenzhen Hanlong Technology Service Co., Ltd., regarding a breach of a share transfer agreement [1][2]. Group 1: Lawsuit Details - The claimants assert that they are original shareholders of the target company, and the company is the actual controller of Hill Hero Limited, while Shenzhen Hanlong is a subsidiary [1]. - In 2018, the company entered into a share transfer agreement with the claimants, who subsequently transferred 51% of the target company's shares to Shenzhen Hanlong and handed over management rights [1]. - The claimants fulfilled all their obligations under the share transfer agreement, but the defendants only paid part of the consideration, constituting a breach of the agreement [1]. Group 2: Legal Demands - The claimants are requesting the court to order the defendants to continue fulfilling their obligations under the share transfer agreement [2]. - They seek a payment of RMB 161.8 million as consideration and additional penalties as stipulated in the agreement [2]. - The claimants also demand that the defendants bear all legal costs related to the lawsuit [2]. Group 3: Company Response - The company has engaged legal counsel to handle the lawsuit and will mount a rigorous defense to protect its legal rights [3]. - As of the announcement date, the lawsuit is not expected to have a significant impact on the company's overall daily operations [3]. - The company is assessing the lawsuit's merits and its potential financial impact, although the outcome remains uncertain due to the early stage of the proceedings [3].

Core Viewpoint - Beijing Gas Blue Sky (06828) is facing a lawsuit from former shareholders regarding a breach of a share transfer agreement, with claims for compensation and penalties [1][2]. Group 1: Lawsuit Details - The lawsuit involves three parties: Hill Hero Limited (defendant one), Shenzhen Hanlong Technology Service Co., Ltd. (defendant two), and the company itself [1]. - The plaintiffs claim to be former shareholders of the target company and allege that the company is the actual controller of defendant one, while defendant two is a subsidiary of defendant one [1]. - The plaintiffs assert that in 2018, a share transfer agreement was signed between the company (acting on behalf of defendant one) and the plaintiffs, who transferred 51% of the target company's shares to defendant two [1]. Group 2: Claims and Demands - The plaintiffs are requesting the court to order the defendants to fulfill their obligations under the share transfer agreement, pay a compensation amount of RMB 161.8 million, and cover legal fees related to the lawsuit [2]. - The company emphasizes that both defendants are independent third parties and that it is not the actual controller of either defendant [2]. Group 3: Company Response and Impact - The company has engaged legal counsel to handle the lawsuit and intends to defend itself rigorously to protect its legal rights [2]. - As of the announcement date, the lawsuit is not expected to have a significant impact on the company's overall daily operations, and the company will take appropriate measures to minimize any potential operational disruptions [2]. - The company is still assessing the merits of the lawsuit and its potential financial impact, as the case is in its early stages [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，概不會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。 BEIJING GAS BLUE SKY HOLDINGS LIMITED 北京燃氣藍天控股有限公司 （於百慕達註冊成立之有限公司） 內幕消息 有關訴訟的最新消息 本公告乃由北京燃氣藍天控股有限公司（「本公司」，連同其附屬公司統稱「本集 團」）根據香港聯合交易所有限公司證券上市規則第13.09(2)條以及香港法例第571 章證券及期貨條例第XIVA部項下之內幕消息條文而刊發。 茲提述本公司日期為2025年1月20日的公告（「該公告」），內容有關李連景先生、李 瑞峰先生及楊翠伶女士（統稱「該等索償人」）對(1)Hill Hero Limited（「被告人一」）； (2)深圳韓龍技術服務有限公司（「被告人二」）；及(3)本公司（連同被告人一及被告 人二統稱「該等被告人」）提起訴訟。除本公告另有界定者外，本公告所用詞彙與該 公告所界定者具有相同涵義。 1. 該等索償人的索賠 本公司宣佈，於2026年1月22 ...