Industry Policy and Environment - The Ministry of Industry and Information Technology emphasized hydrogen energy as a key technology focus during a meeting on February 3, 2026, which may provide long-term support signals for the industry [1] - The "14th Five-Year Plan" has proposed "energy power" for the first time, indicating that hydrogen energy is expected to receive policy support as a future industry [1] Company Status - On January 26, 2026, the company was listed as a dishonest executor by the Shanghai Pudong New Area Court due to a contract dispute, with an involved amount of approximately 2.07 million yuan, indicating potential legal risks that may pressure its reputation and operations [2] Performance and Operating Conditions - The mid-2025 report showed a revenue decline of 55.7% year-on-year, with a net loss of 184 million yuan, accumulating over 2.1 billion yuan in losses over the past five and a half years, highlighting the need to monitor its progress in turning around losses and cash flow status [3] Financial Movements - On January 8, 2026, the company spent 7.1736 million Hong Kong dollars to repurchase 1.49 million shares at a price range of 4.76-4.83 Hong Kong dollars, which may reflect management's stance on the stock price but should be evaluated in conjunction with the fundamentals [4]

Group 1 - The core viewpoint of the articles highlights the potential for hydrogen energy to become a key industry in China, especially following the introduction of the "energy powerhouse" concept in the 14th Five-Year Plan, with industrial applications expected to be the main battlefield for hydrogen energy [1] - As of February 2026, there are 3,872 existing hydrogen-related enterprises in China, with the highest concentration in the East China region, indicating a growing interest and investment in the hydrogen sector [1] Group 2 - As of February 12, 2026, Guohong Hydrogen Energy's latest stock price is HKD 4.92, with a cumulative increase of 7.42% over the past five days, outperforming the Hang Seng Index [2] - The stock experienced a significant single-day increase of 5.68% on February 9, followed by a further rise of 1.65% on February 10, although trading volume remains low, suggesting limited market participation [2] - Technically, the current stock price is near the middle band of the Bollinger Bands, and the KDJ indicator is in the overbought zone, indicating a higher risk of short-term volatility [2]

FF301 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: 國鴻氫能科技（嘉興）股份有限公司 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 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09663 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 393,898,066 | RMB | | 1 | RMB | | 393,898,066 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 393,898,066 | RMB | | | 1 RMB | | 393,898,066 | | 2. ...

Group 1 - The core point of the article is that Guohong Hydrogen Energy has conducted a share buyback, purchasing 1.49 million shares at a price range of HKD 4.760 to HKD 4.830, totaling HKD 7.1736 million [2] - On the day of the buyback, the stock closed at HKD 4.750, reflecting a decrease of 0.21% [2] - The total trading volume for the day was HKD 15.3219 million [2] Group 2 - The buyback details include the date of January 8, 2026, with a maximum buyback price of HKD 4.830 and a minimum price of HKD 4.760 [2] - The total number of shares repurchased was 1.49 million [2] - The total buyback amount was HKD 7.1736 million [2]

Core Viewpoint - Guohong Hydrogen Energy announced a share buyback on January 8, with a total of 1.49 million shares repurchased at a price range of HKD 4.760 to HKD 4.830, amounting to HKD 7.1736 million [1] Summary by Category Buyback Details - The company repurchased 1.49 million shares on January 8, 2026 [1] - The highest buyback price was HKD 4.830, while the lowest was HKD 4.760 [1] - The total amount spent on the buyback was HKD 7.1736 million [1] Market Performance - The stock closed at HKD 4.750 on the same day, reflecting a decrease of 0.21% [1] - The total trading volume for the day was HKD 15.3219 million [1]

Group 1 - The company, Guohong Hydrogen Energy (09663), announced a share buyback plan [1] - The total amount spent on the buyback is HKD 7.1736 million [1] - The company repurchased 1.49 million shares at a price range of HKD 4.76 to HKD 4.83 per share [1]

Group 1 - The company, Guohong Hydrogen Energy (09663.HK), announced a share buyback on January 8, 2026, costing HKD 7.1736 million to repurchase 1.49 million shares [1] - The buyback price ranged from HKD 4.76 to HKD 4.83 per share [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： 國鴻氫能科技 (嘉興)股份有限公司 呈交日期： 2026年1月8日 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 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 09663 | 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 | | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | ...

FF301 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 致：香港交易及結算所有限公司 公司名稱: 國鴻氫能科技（嘉興）股份有限公司 呈交日期: 2026年1月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09663 | 說明 | H 股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 393,898,066 | RMB | | 1 RMB | | 393,898,066 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 393,898,066 | RMB | | 1 RMB | | 393,898,066 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上 ...

Core Viewpoint - Multiple companies conducted share buybacks on December 2, 2025, with Tencent Holdings leading in both volume and monetary value [1] Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.028 million shares for a total of 636 million [2] - Xiaomi Group-W (01810) repurchased 2.5 million shares for a total of 102 million [2] - COSCO Shipping Holdings (01919) repurchased 3 million shares for a total of 41.053 million [2] - China Feihe (06186) repurchased 4 million shares for a total of 16.74 million [2] - Gushengtang (02273) repurchased 378,400 shares for a total of 10.9452 million [2] Group 2: Cumulative Buyback Data - Tencent Holdings has a cumulative buyback of 82.018 million shares, representing 0.893% of its total share capital [2] - Xiaomi Group-W has a cumulative buyback of 78.2954 million shares, representing 0.300% of its total share capital [2] - COSCO Shipping Holdings has a cumulative buyback of 60.543 million shares, representing 2.102% of its total share capital [2] - China Feihe has a cumulative buyback of 195 million shares, representing 2.149% of its total share capital [2] - Gushengtang has a cumulative buyback of 10.4139 million shares, representing 4.395% of its total share capital [2] Group 3: Other Notable Buybacks - Other companies such as Kingsoft (03888), Fuhua Group (02038), and Weigao Group (01066) also participated in the buyback activities, with varying amounts and percentages of total shares repurchased [2][3] - The buyback activities reflect a trend among companies to return capital to shareholders amid market conditions [1]