EF001 免責聲明 EF001 其他信息 其他信息 不適用 發行人董事 於本公告日期，董事會包括：(i)兩名執行董事－王思聯先生（董事會主席）及欒祖盛先生（總裁）；(ii)兩名非執行董事－康國明先 生及瞿利女士；及(iii)三名獨立非執行董事－范仁鶴先生、李淑賢女士及張翔教授，JP.。 第 2 頁 共 2 頁 v 1.1.1 | 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，概不對因 公告全部或任何部份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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 中國光大環境（集團）有限公司 | | 00257 | | | 股份代號 | | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年十二月三十一日止年度之末期股息 | | | 公告日期 | 2026年3月20日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財 ...

2025 Annual Results Presentation March 2026 China Everbright Environment Group Limited Forward-looking Statement Financial Review 01 Financial Review This presentation may contain forward-looking statements. Any such forward-looking statements are based on a number of assumptions about the operations of China Everbright Environment (Group) Limited ("Everbright Environment" or the "Company", together with its subsidiaries, collectively the "Group") and factors beyond the Company's control and are subject to ...

Financial Performance - Revenue for the year was HKD 27,520,509,000, a decrease of 9% compared to HKD 30,258,009,000 in the previous year[4] - EBITDA increased by 2% to HKD 10,272,556,000 from HKD 10,074,731,000 in the previous year[4] - Profit attributable to equity holders rose by 16% to HKD 3,925,162,000 from HKD 3,377,200,000 in the previous year[4] - Total comprehensive income for the year was HKD 6,195,467,000, compared to HKD 1,488,406,000 in the previous year[6] - The company reported a basic and diluted earnings per share of HKD 0.6390, up from HKD 0.5498 in the previous year[5] - Total revenue for the year ended December 31, 2025, was HKD 27,520,509,000, a decrease of 8.1% from HKD 30,258,009,000 in 2024[28] - The profit attributable to equity holders increased by 16% to HKD 3,925,162,000, with basic earnings per share rising by 16% to HKD 63.90[55] - The consolidated gross profit was HKD 11,085,458,000, down 4% year-on-year, with a gross profit margin of approximately 40.3%, an increase of 2.2 percentage points from 2024[98] Dividends - Final dividend per share increased to HKD 0.12 from HKD 0.09 in the previous year, with total annual dividend per share rising to HKD 0.27 from HKD 0.23[4] - Proposed final dividend per share is HKD 0.12, an increase from HKD 0.09 in 2024[35] - The total dividend per share for the year was HKD 27.0, an increase from HKD 23.0 in 2024, with a payout ratio of 42.3%[56] Assets and Liabilities - Non-current assets totaled HKD 138,683,382,000, slightly up from HKD 138,252,572,000 in the previous year[8] - Current assets increased to HKD 50,459,760,000 from HKD 47,774,452,000 in the previous year[9] - Total liabilities increased to HKD 116,929,565,000 from HKD 119,706,448,000 in the previous year[9] - Net assets attributable to equity holders rose to HKD 72,213,577,000 from HKD 66,416,576,000 in the previous year[9] - As of December 31, 2025, the total assets of the group were approximately HKD 189,143,142,000, with a net asset value of HKD 72,213,577,000, representing an 8% increase from 2024[99] - The group’s debt-to-asset ratio decreased by 2 percentage points to 62% as of December 31, 2025[99] Segment Performance - The company operates in multiple segments, including environmental energy, environmental water, and green environmental projects, with specific revenue generation strategies for each[16][20] - The revenue from external customers in the environmental energy segment was HKD 14,995,230, down from HKD 15,916,369, representing a decline of 5.8%[22] - The environmental water segment generated revenue of HKD 5,349,346, a decrease of 22% compared to HKD 6,846,599 in the prior year[22] - The green environmental projects segment reported revenue of HKD 6,728,026, down from HKD 6,974,061, reflecting a decline of 3.5%[22] - Adjusted EBITDA for the Environmental Energy segment was HKD 7,109,768,000, while the Environmental Water segment reported HKD 1,916,729,000, and the Green Environmental segment reported HKD 1,639,133,000, leading to a total adjusted EBITDA of HKD 10,640,015,000 for the year ended December 31[23] - The Environmental Energy segment contributed a profit before interest, tax, depreciation, and amortization of HKD 7,109,768,000, a 3% increase compared to 2024, and a net profit of HKD 4,508,260,000, up 17% year-on-year[78] - The Environmental Water segment has 162 operational projects with a designed capacity of 2,569,472,250 cubic meters per year and 7 projects under construction with a capacity of 76,650,000 cubic meters per year[81] Investments and Projects - The company invested HKD 1,302,440,000 in intangible assets and prepayments, with total investments in property, plant, and equipment amounting to HKD 512,939,000 for the year[23] - The total investment in 8 new projects amounted to approximately RMB 3.247 billion, with new contracts totaling RMB 1.277 billion[58] - The group expanded its operations to 24 provinces and regions in China and 16 countries overseas, with a total of 605 environmental projects and an investment of approximately RMB 164.691 billion[58] - The Environmental Energy segment has invested in 284 projects with a total investment of approximately RMB 101.378 billion, including the processing capacity for 55,297,500 tons of municipal waste annually[75] - The Environmental Water segment has invested in 172 projects with a total investment of approximately RMB 31.853 billion, with a designed capacity for treating 2,352,443,250 cubic meters of wastewater annually[80] Research and Development - The company achieved significant progress in R&D, including the development of a 100 tons/day waste-to-char technology package and a collaborative treatment process for fly ash[52] - The total number of authorized intellectual properties reached 191 in 2025, with 91 invention patents and 9 software copyrights[53] - The company is focusing on developing new technologies and products to enhance its competitive edge in the environmental sector[23] Environmental and Social Responsibility - The company’s environmental management practices align with the United Nations Sustainable Development Goals, reflecting its commitment to sustainable development[114] - The company’s waste-to-energy projects comply with national environmental regulations, exceeding EU emission limits for certain pollutants[113] - The company launched the "Green Wing Program" in Hong Kong to promote environmental education and engaged in various community activities[64] - The company’s projects received approximately 40,000 visitors and over 30,000 online participants in environmental education activities in 2025[64] Governance and Risk Management - The company’s governance practices adhere to the Corporate Governance Code, ensuring transparency and accountability[115] - The company has established a sustainable development committee to integrate ESG principles into its operations and enhance stakeholder confidence[112] - The company emphasizes risk management, identifying key risks such as accounts receivable risk and market competition risk, which will be detailed in the 2025 annual report[111] - The company has implemented a risk management culture focusing on systematic and routine risk management practices[107] Future Outlook - The company plans to expand its market presence, particularly in China, where it has seen significant revenue growth[27] - The group aims to deepen its international presence in Central Asia and Southeast Asia, focusing on project investment and technology export[96] - The company is committed to enhancing its corporate governance to align with business operations and growth[116]

Investment Rating - The investment rating for the company is "Buy" [1] Core Insights - The company's performance in 2025 is impacted by a decline in construction business, with a dividend payout ratio increasing to 35% [2][9] - The company reported a revenue of HKD 5.355 billion in 2025, a year-on-year decrease of 22%, and a net profit of HKD 842 million, down 17% year-on-year [9] - The gross profit margin improved by 5.83 percentage points to 44.03%, and the net profit margin increased by 0.75 percentage points to 17.20% [9] - The company is expected to maintain a steady dividend growth supported by improved free cash flow due to accelerated national subsidy recovery and reduced capital expenditures [9] Financial Summary - Total revenue projections for the company are as follows: - 2023A: HKD 32,090 million - 2024A: HKD 30,258 million (down 6%) - 2025E: HKD 27,981 million (down 8%) - 2026E: HKD 28,110 million (up 0%) - 2027E: HKD 28,339 million (up 1%) [4] - Net profit projections are as follows: - 2023A: HKD 4,429 million - 2024A: HKD 3,377 million (down 24%) - 2025E: HKD 3,587 million (up 6%) - 2026E: HKD 3,792 million (up 6%) - 2027E: HKD 4,014 million (up 6%) [4] - The company’s PE ratio is projected to be 3.5 in 2023, increasing to 8.6 in 2025 [4] Market Data - The current stock price is HKD 5.07, with a market capitalization of HKD 31,145 million [1][6] - The stock has traded within a range of HKD 3.25 to HKD 5.21 over the past 52 weeks [6]

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 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 中國光大環境(集團)有限公司 (於香港註冊成立之有限公司) | | | 呈交日期: | 2026年3月2日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 00257 說明 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 6,142,975,292 0 6,142,975,292 增加 / 減少 (-) 0 0 本月底結存 6,142,975,292 0 6,142,975,292 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》 ...

Core Viewpoint - The company, Everbright Environment (00257.HK), has successfully issued its first tranche of medium-term notes for 2026, raising a total of RMB 2 billion at an annual interest rate of 2.15% [1] Group 1 - The issuance of the medium-term notes took place on February 4, 2026, in China [1] - The actual funds raised from the issuance, after deducting underwriting fees, are intended to be used entirely for repaying the company's medium-term notes within China [1]

Core Viewpoint - The company, Everbright Environment (00257), has successfully issued its first tranche of medium-term notes for 2026 in China, raising a total of 2 billion RMB at an interest rate of 2.15% with a maturity of 3+N years [1] Group 1 - The total amount raised from the issuance of the medium-term notes is 2 billion RMB [1] - The coupon rate for the medium-term notes is set at an annual interest rate of 2.15% [1] - The funds raised will be used entirely to repay the company's medium-term notes in China after deducting underwriting fees [1]

Group 1 - The company, Everbright Environment (00257), announced the issuance of the first phase of medium-term notes for 2026, with a total amount of RMB 2 billion and an annual interest rate of 2.15% [1] - The maturity period of the notes is set for 3 years, with the option for the company to redeem them according to the issuance terms [1] - The actual funds raised from the issuance, after deducting underwriting fees, will be used entirely to repay the company's medium-term notes in China [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之任何損失承擔任何責任。 本公告僅供參考用途，並不構成收購、購買或認購證券之邀請或要約，亦不邀請任何該 等要約或邀請。尤其本公告並不構成亦並非在香港、美國或其他地方進行證券銷售或邀 請或招攬購買或認購證券之要約。 有關完成發行二零二六年度第一期 中期票據及承銷協議之自願性公告 完成發行二零二六年度第一期中期票據 茲提述(i)中國光大環境（集團）有限公司（「本公司」）日期為二零二五年十一月十八日的 公告，內容有關向交易商協會申請註冊及發行規模不超過人民幣150億元的債務融資工 具；及(ii)本公司日期為二零二六年一月八日的公告，內容有關交易商協會就債務融資工 具發出接受註冊通知書（統稱「該等公告」）。除文義另有界定者外，本公告所用詞彙具有 該等公告所界定的相同涵義。 期限： 3+N(3)年（本公司依據發行條款的約定贖回時到期） CHINA EVERBRIGHT ENVIRONMENT GROUP LIMITED 中國光大環境（集團 ...

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: | 中國光大環境(集團)有限公司 (於香港註冊成立之有限公司) | | | 呈交日期: | 2026年2月4日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 00257 說明 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 6,142,975,292 0 6,142,975,292 增加 / 減少 (-) 0 0 本月底結存 6,142,975,292 0 6,142,975,292 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1 ...