Group 1 - The company reported a revenue of 6.536 million RMB for the six months ending September 30, 2025, representing a year-on-year decrease of 10.6% [1] - The loss attributable to the company's owners was 13.454 million RMB, which is a year-on-year decrease of 38.5% [1] - The basic loss per share was 0.003 RMB [1]

Financial Performance - For the six months ended September 30, 2025, the company reported revenue of RMB 6,536,000, a decrease of 10.6% compared to RMB 7,308,000 for the same period in 2024[8] - Gross profit for the same period was RMB 1,492,000, down 17.7% from RMB 1,813,000 in the previous year[8] - The total comprehensive loss for the period was RMB 14,680,000, representing a 29.0% decrease from RMB 20,676,000 in the corresponding period of 2024[8] - The loss attributable to owners of the company was RMB 13,454,000, a decrease of 38.5% compared to RMB 21,886,000 in the prior year[8] - Revenue for the six months ended September 30, 2025, was RMB 6,536,000, a decrease of 10.5% compared to RMB 7,308,000 for the same period in 2024[10] - Net loss for the six months ended September 30, 2025, was RMB 14,680,000, compared to a net loss of RMB 20,676,000 for the same period in 2024, representing a 29% improvement[10] - The company reported a significant reduction in administrative expenses to RMB 9,425,000 for the six months ended September 30, 2025, down from RMB 25,230,000 in the same period of 2024[10] - The company incurred a total loss of RMB 14,642,000 for the six months ended September 30, 2025, compared to a loss of RMB 20,633,000 for the same period in 2024, indicating an improvement of about 29.0%[27] Assets and Liabilities - Total assets as of September 30, 2025, were RMB 326,668,000, a decrease of 4.7% from RMB 342,940,000 as of March 31, 2025[8] - Total liabilities decreased to RMB 156,029,000 as of September 30, 2025, from RMB 183,246,000 as of March 31, 2025[11] - Cash and cash equivalents decreased by 5.3% to RMB 10,518,000 from RMB 11,112,000 in the prior year[8] - Trade receivables and contract assets decreased to RMB 44,803,000 as of September 30, 2025, from RMB 53,616,000 as of March 31, 2025, with an increase in impairment provision from RMB 19,315,000 to RMB 26,091,000[38] - The group's current assets and current liabilities as of September 30, 2025, were approximately RMB 315,500,000 and RMB 155,400,000, respectively, compared to RMB 331,600,000 and RMB 181,900,000 on March 31, 2025[80] - The group's debt-to-equity ratio as of September 30, 2025, was 21.0%, a decrease from 35.5% on March 31, 2025[80] Cash Flow and Financial Management - Operating cash flow for the six months ended September 30, 2025, was a net outflow of RMB 5,752,000, an improvement from RMB 22,791,000 in the previous period[13] - The company reported a loss attributable to owners of RMB 13,454,000 and a net cash outflow from operations of RMB 5,752,000 for the six months ended September 30, 2025[16] - The company plans to implement cost control measures and timely collection of receivables to generate sufficient operating cash flow[17] Share Capital and Stock Options - The first loan capitalization agreement involved issuing 230,000,000 shares at a capitalization price of HKD 0.119 per share, converting shareholder loans into equity amounting to HKD 27,370,000[18] - The second loan capitalization agreement involved issuing 140,000,000 shares at a capitalization price of HKD 0.098 per share, converting shareholder loans into equity amounting to HKD 13,720,000, pending shareholder approval[18] - The company granted a total of 366,688,000 stock options to directors and employees under the 2023 plan, with an exercise price of HKD 0.16 per option[51] - The total number of stock options that can be granted under the plan is capped at 366,693,600 shares, which is 10% of the issued share capital at the time of approval[94] Revenue Sources - Revenue from LNG sales decreased to RMB 5,934,000 for the six months ended September 30, 2025, compared to RMB 6,717,000 for the same period in 2024, reflecting a decline of approximately 11.6%[23] - Rental income from investment properties increased to RMB 125,000 for the six months ended September 30, 2025, compared to RMB 109,000 for the same period in 2024[23] - The energy business continues to account for over 99% of the company's total revenue, with a net loss after tax of approximately RMB 14,700,000, reduced from a net loss of approximately RMB 20,700,000 in the corresponding period[64] Governance and Compliance - The company has adopted a code of conduct regarding securities transactions by directors, which complies with the GEM Listing Rules[108] - The company has adhered to the corporate governance code as per GEM Listing Rules throughout the reporting period[109] - The audit committee has reviewed the financial results for the six months ended September 30, 2025, and confirmed that the reports were prepared in accordance with applicable accounting standards[112] Future Outlook - The company plans to actively explore LNG trade, urban gas mergers, and comprehensive energy supply in the coming year[78] - The group has initiated plans to expand into the Southeast Asian market, aligning with the Belt and Road Initiative[78] - The company expects the LNG prices to fluctuate between USD 500 and USD 800 per ton over the next three years due to global supply-demand imbalances and geopolitical risks[75]

Group 1 - The core viewpoint of the article is that China Gas Holdings Limited (08246.HK) expects a reduction in its net loss for the six months ending September 30, 2025, compared to the same period in the previous year [1] - The anticipated net loss is projected to decrease by 29.0%, from approximately RMB 20.7 million in the corresponding period to about RMB 14.7 million for the mid-2025 [1]

Core Viewpoint - China Gas Holdings Limited (stock code: 08246) expects a reduction in its after-tax net loss from approximately RMB 20.7 million in the corresponding period to about RMB 14.7 million for the mid-term of 2025, representing a decrease of 29.0% [1] Summary by Category - Financial Performance - The company anticipates a decrease in after-tax net loss from approximately RMB 20.7 million to about RMB 14.7 million, indicating a 29.0% improvement [1]

Core Viewpoint - The company, China Gas Holdings Limited (中华燃气), anticipates a reduction in its after-tax net loss for the mid-year of 2025, decreasing from approximately RMB 20.7 million to about RMB 14.7 million, representing a 29.0% improvement [1] Financial Summary - The expected after-tax net loss for the mid-year of 2025 is projected to be around RMB 14.7 million, down from approximately RMB 20.7 million in the corresponding period [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佈之內容概不負責， 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佈全部或任何部 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。 Zhonghua Gas Holdings Limited 盈利預警 — 虧損減少 本公佈乃中華燃氣控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）根據 香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）第17.10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（定義見GEM上市 規則）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司之股東及潛在投資者，根據董事 會現時可得的資料及對本集團截至二零二五年九月三十日止六個月（「二零二五年中 期」）的相關未經審核綜合管理賬目之初步審閱，本集團預期錄得稅後淨虧損由相應 期間的約人民幣20,700,000元減少29.0%至二零二五年中期的約人民幣14,700,000 元。該稅後淨虧損增加主要由於(i)二零二五年中期沒有錄得權益結算股份支付開支 （相應期間：約人民幣14,200,000元）；(ii)貿易應收 ...

ALTUS CAPITAL LIMITED 21 Wing Wo Street Central, Hong Kong Tel: (852) 2522 6122 Fax: (852) 2522 6992 19 November 2025 Board of Directors Zhonghua Gas Holding Limited 23/F Chinachem Century Tower 178 Gloucester Road Wan Chai. Hong Kong Dear Sirs, Company: Zhonghua Gas Holding Limited (the "Company") Subject: Engagement as Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders in respect of the Loan Capitalisation Agreement and the transactions contemplated thereunde ...

ALTUS CAPITAL LIMITED 21 Wing Wo Street, Central, Hong Kong Tel : (852) 2522 6122 Fax : (852) 2522 6992 E-mail Address: mail@altus.com.hk 19 November 2025 To the Independent Board Committee and the Independent Shareholders Zhonghua Gas Holding Limited 23/F Chinachem Century Tower 178 Gloucester Road Wan Chai Hong Kong Dear Sir/Madam, CONNECTED TRANSACTION IN RELATION TO LOAN CAPITALISATION THROUGH SUBSCRIPTION OF NEW SHARES BY A SUBSTANTIAL SHAREHOLDER UNDER SPECIFIC MANDATE INTRODUCTION We refer to our app ...

LETTER FROM THE INDEPENDENT BOARD COMMITTEE The following is the full text of a letter from the Independent Board Committee setting out its recommendation for the purpose of inclusion in this circular. Zhonghua Gas Holdings Limited (中華燃氣控股有限公司) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8246) (1) CONNECTED TRANSACTION IN RELATION TO LOAN CAPITALISATION THROUGH SUBSCRIPTION OF NEW SHARES BY A SUBSTANTIAL SHAREHOLDER UNDER SPECIFIC MANDATE AND (2) NOTICE OF THE EXTRAORDINARY GENE ...

This agreement (the "Agreement") is made on 16 April 2025 between: (together the "Parties", and each a "Party"). Whereas: IT IS HEREBY AGREED: 1 Interpretation In this Agreement, unless the context otherwise requires, the provisions in this Clause l apply: 1.1 Definitions "Business Day" means any day (excluding a Saturday, Sunday, public holiday and any weekday on which Typhoon Signal No. 8 or higher is hoisted or a black rain storm warning is given in Hong Kong at any time during 9:00 a.m. to 5:00 p.m.) on ...