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份內容 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。 CHINA EVERBRIGHT ENVIRONMENT GROUP LIMITED 中國光大環境（集團）有限公司 （ 於 香 港 註 冊 成 立 之 有 限 公 司 ） （股份代號：257） 須予披露交易 成立合營企業 成立合營企業 董事會欣然宣佈，於二零二五年十月十六日，本公司之全資附屬公司中國光大國際與 Maxsus及中鐵十七局第二工程公司（均為獨立第三方）就成立合營企業訂立股東協議及 其他相關成立文件，據此，將分別成立項目公司A及項目公司B，以投資、設計、建設、 運營及維護其各自於烏茲別克斯坦境內的垃圾發電項目。 根據股東協議 A的 條 款，項 目 公 司 A的註冊資本應為29,600,000美 元（ 相 當 於 港幣229,992,000元），當中26,048,000美元（相當於港幣202,392,960元）、2,960,000美元 （相當於港幣22,999,200元）及592,000美元（相 ...

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份內容 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。 CHINA EVERBRIGHT ENVIRONMENT GROUP LIMITED 中國光大環境（集團）有限公司 （ 於 香 港 註 冊 成 立 之 有 限 公 司 ） （股份代號：257） 自願性公告 向中國銀行間市場交易商協會申請註冊及 建議發行資產支持票據及承銷協議 1 建議發行資產支持票據須待（其中包括）交易商協會批准後方可作實，並受市場狀況所 限，故不一定會進行。因此，本公司股東及潛在投資者於買賣本公司證券時務必審慎行 事。本公司將就建議發行資產支持票據適時作出進一步公告。 承銷協議 於二零二五年十月十六日，光大環保中國與光大證券股份有限公司（「光大證券」）就建 議發行資產支持票據訂立承銷協議（「承銷協議」），據此，光大證券作為主承銷商，將負 責按照承銷協議的條款發行資產支持票據。 董事（包括獨立非 ...

Core Viewpoint - Xi'an Yichai is going public today, focusing on the production of 12-inch silicon wafers, becoming a significant player in the semiconductor industry in China and globally [2] Group 1: Company Announcements - Xi'an Yichai is issuing 537.8 million shares at a price of 8.62 yuan per share, with a total of 5.378 billion shares available for public offering [2] - The company is the largest 12-inch silicon wafer manufacturer in mainland China and the sixth globally, with a market share of approximately 6% in monthly shipment volume and 7% in production capacity by the end of 2024 [2] - The National Integrated Circuit Industry Investment Fund holds a 7.5% stake in Xi'an Yichai, indicating confidence in the company's role in the semiconductor supply chain [2] Group 2: Financing Activities - Three companies announced non-public issuance plans, with DeLi Co. planning to issue up to 118 million shares at 6.12 yuan per share, raising approximately 720 million yuan for working capital and loan repayment [3] - Digital政通 plans to raise 1.05 billion yuan through a non-public issuance to fund urban management service platform projects [5] - Junpu Intelligent aims to raise 1.161 billion yuan for smart robotics and healthcare technology projects through a non-public issuance [5] Group 3: Market Trends - As of October 15, the total market financing balance reached 2.43 trillion yuan, marking an increase of 23.14 billion yuan, continuing a trend of growth for three consecutive trading days [6] - 451 stocks saw net financing purchases exceeding 10 million yuan, with 29 stocks having net purchases over 100 million yuan [7] - Leading the net purchases was Sunshine Power with 918 million yuan, followed by Shenghong Technology and Antai Technology with 485 million yuan and 361 million yuan, respectively [8] Group 4: Earnings Forecasts - Thirteen companies released third-quarter earnings forecasts, with nine expecting profit increases, including Shuo Beid with an anticipated profit of 49.53 million to 51.53 million yuan, representing a year-on-year increase of 1258.39% to 1313.24% [11] - Other companies like Meinian Health and Tailin Microelectronics also forecasted significant profit increases, with expected growth rates exceeding 100% [11][12]

Core Viewpoint - DeLi Co., Ltd. is undergoing a significant ownership change, with shares to be issued to Xinjiang Bingxin New Construction Partnership, which will become the largest shareholder, holding 23.08% of the company after the issuance [4][6]. Group 1: Ownership Change - DeLi Co., Ltd. plans to issue shares at a price of 6.12 CNY per share to raise up to 720 million CNY, which will be used for working capital or repaying bank loans [4]. - The current controlling shareholder, Shi Weidong, will relinquish all voting rights associated with his shares [5]. - After the completion of the share issuance, the controlling shareholder will change to Xinjiang Bingxin New Construction Partnership, with actual control shifting to the Fourth Division of Keke Dara City Silk Road Financial Development Promotion Center [6]. Group 2: Strategic Implications - Xinjiang Bingxin New Construction Partnership's entry is expected to leverage its cross-border trade background and advanced manufacturing capabilities to enhance DeLi Co., Ltd.'s operational efficiency and market competitiveness [7]. - The partnership aims to create a virtuous cycle of "industry guiding capital and capital supporting industry," aligning with the Belt and Road Initiative to expand overseas order channels [7]. Group 3: Business Transformation - DeLi Co., Ltd. is actively pursuing business transformation, including the establishment of a neutral silica pharmaceutical glass project and a photovoltaic glass project, although the latter faced challenges due to industry downturns [8]. - The company has halted production of photovoltaic glass and pharmaceutical glass projects in response to market conditions [8]. Group 4: International Expansion - DeLi Co., Ltd. has made strides in international expansion, with its first overseas project in Pakistan achieving sales revenue of 160 million CNY in 2024 and meeting monthly profit targets [9]. - Plans are in place to expand production capacity in Pakistan and establish a production base in Egypt, with an estimated investment of 50 million USD for a glassware project [10]. Group 5: Financial Outlook - The company's debt-to-asset ratio has been increasing, projected to reach 68.55% by mid-2025, but the upcoming share issuance and ownership change are expected to improve the asset structure and reduce liquidity risks [10]. - DeLi Co., Ltd. has set a strategic goal for 2025 focused on structural adjustment, capacity optimization, and cost reduction, with commitments to maintain positive cash flow and net profit in its glass business from 2026 to 2028 [11].

Core Points - The company announced that independent non-executive director Ms. Li Shuxian will no longer serve as a member of the Risk Management Committee, effective from October 10, 2025 [1] - Following the recommendation of the company's nomination committee, the board appointed non-executive director Mr. Kang Guoming as a member of the Risk Management Committee, also effective from October 10, 2025 [1]

Core Points - The company announced that independent non-executive director Ms. Li Shuxian will no longer serve as a member of the Risk Management Committee, effective from October 10, 2025 [1] - Following the recommendation of the company's nomination committee, non-executive director Mr. Kang Guoming has been appointed as a member of the Risk Management Committee, also effective from October 10, 2025 [1]

CHINA EVERBRIGHT ENVIRONMENT GROUP LIMITED 中國光大環境（集團）有限公司 非執行董事： 康國明 瞿 利 獨立非執行董事： 范仁鶴 李淑賢 （ 於 香 港 註 冊 成 立 之 有 限 公 司 ） （股份代號：257） 董事名單與其角色和職能 中國光大環境（集團）有限公司（「本公司」）董事會（「董事會」）成員載列如下： 執行董事： 王思聯 （董事會主席） 欒祖盛 （總裁） C 有關董事會委員會主席 M 有關董事會委員會成員 * 亦包括本公司的其他人員 香港，二零二五年十月十日 張 翔 董事會設立五個董事會委員會。下表提供各董事會成員在這些董事會委員會中所擔任的 職位： | | | | | 董事會委員會 | | | | --- | --- | --- | --- | --- | --- | --- | | | | 審核 | 風險管理 | 提名 | 薪酬 | 可持續發展 | | 董事 | | 委員會 | 委員會* | 委員會 | 委員會 | 委員會 | | 王思聯 | | | | C | M | | | 欒祖盛 | | | M | | | C | | 康國明 | | M | ...

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 部份內 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。 CHINA EVERBRIGHT ENVIRONMENT GROUP LIMITED 中國光大環境（集團）有限公司 （ 於 香 港 註 冊 成 立 之 有 限 公 司 ） 風險管理委員會成員之變更 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；以及 (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.。 中國光大環境（集團）有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，獨 立非執行董事李淑賢女士不再擔任本公司風險管理委員會（「風險管理委員會」）成員， 自二零二五年十月十日起生效。 於考慮本公司提名委員會的推薦建議後，董事會委任非執行董事康國明先生擔任風險管 理委員會成員，自二零二五年十月十日起生效。 承董事會命 中國光大環境（集團）有限公司 梁妍鈺 公司秘書 香港，二零 ...

Core Viewpoint - Delixi Co., Ltd. is undergoing a potential change in control, as notified by its controlling shareholder and actual controller, Shi Weidong, leading to a temporary suspension of trading for the company's stock [1][6]. Group 1: Company Overview - Delixi Co., Ltd., founded by Shi Weidong, is headquartered in Fengyang, Anhui, and specializes in the research and manufacturing of various glass products, becoming a leading manufacturer of glassware in China over the past two decades [4]. - The company has faced continuous operational challenges, reporting losses of 110 million yuan, 86 million yuan, and 173 million yuan for the years 2022 to 2024, respectively [4]. - In the first half of 2025, the company reported a net profit loss of 45 million yuan, a staggering decline of 491% compared to the same period last year [4]. Group 2: Business Transformation Efforts - Delixi attempted to pivot its business model by entering the photovoltaic glass market, establishing a wholly-owned subsidiary, Delixi Energy, in 2020, and signing a five-year procurement agreement with Longi Green Energy for at least 250 million square meters of photovoltaic glass from 2022 to 2026, with a total contract value estimated at 5.531 billion yuan [4]. - However, the photovoltaic glass project faced significant challenges, as indicated in the 2025 semi-annual report, which noted that the project was idled due to the overall downturn in the photovoltaic industry [4]. Group 3: Recent Investment Adjustments - In July 2023, Delixi announced the termination of two external investment projects, the Beihai Company and the Delixi Pharmaceutical Glass project, which had not progressed to substantial construction over nearly five years [5]. - The company also disclosed an asset sale plan, agreeing to sell its 100% stake in Fengyang Derui Mining Co., Ltd. for 135 million yuan, which is expected to result in a loss of approximately 6.5 million yuan [5]. Group 4: Market Performance and Trading Suspension - Prior to the trading suspension, Delixi's stock closed at 8.32 yuan per share on September 30, 2023, reflecting a 6.12% increase on that day, with a total market capitalization of 3.3 billion yuan [6].

Core Viewpoint - Delixi Co., Ltd. is undergoing a potential change in control, as announced by its major shareholder and actual controller, Shi Weidong, on October 8. The specific transaction plan and agreement terms are still under further verification and negotiation [1]. Company Overview - Delixi Co., Ltd. was founded in 1996 by Shi Weidong and is headquartered in Fengyang, Anhui. The company specializes in the research and manufacturing of various glass products, including household glass, solar glass, packaging glass, optical glass, heat-resistant appliance glass, and crystal glass. It is recognized as the leading manufacturer of glassware in China and the largest household glass factory in the Asia-Pacific region [4]. Financial Performance - The company has faced continuous losses, with net profits attributable to the parent company reported as follows: a loss of 110 million yuan in 2022, 85.5094 million yuan in 2023, and 173 million yuan in 2024. In the first half of 2025, the net profit attributable to the parent company was a loss of 45.3166 million yuan, representing a year-on-year decline of 490.74% [4]. Business Challenges - Delixi Co., Ltd. established a wholly-owned subsidiary, Delixi Solar, in 2020 to enter the promising photovoltaic glass materials sector. In 2021, it signed a five-year procurement agreement for photovoltaic glass with Longi Green Energy. However, the company reported that both photovoltaic glass and daily-use glass faced pressures from insufficient capacity digestion and weak market demand due to global political and economic conditions [5]. - The company experienced significant losses due to fluctuating prices of key raw materials such as sodium antimonate and soda ash, as well as international shipping costs. The decline in photovoltaic glass prices further exacerbated the financial difficulties [5]. - In the 2025 semi-annual report, Delixi Co., Ltd. noted that its subsidiary, Bengbu Solar, achieved production quality comparable to industry leaders. However, the overall downward trend in the photovoltaic industry led to supply-demand imbalances and price declines, impacting profitability. To mitigate cash flow losses, the subsidiary temporarily halted production, affecting the company's overall profitability [6]. - The domestic trade of daily-use glass remained stable, but external trade faced challenges due to fluctuations in shipping costs. The entire industry continues to experience low profitability, with high inventory pressures not yet alleviated, compounded by the effects of international political and economic conditions [6].