普通決議案 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通告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本通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。 SINOFERT HOLDINGS LIMITED 中化化肥控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：297） 股東特別大會通告 茲通告中化化肥控股有限公司（「本公司」）謹訂於二零二五年十二月十九日上午十時正於香港金鐘夏 愨道18號海富中心一期24樓舉行股東特別大會或其任何續會，以考慮並酌情通過（不論有否修訂）下 列決議案為本公司之普通決議案： 1. 「動議： (a) 批准、追認及確認金融服務框架協議（在本公司日期為二零二五年十二月四日致股東之通函 （「通函」）中界定及說明）及其簽立，以及其下之存款服務（在通函中界定及說明）； (b) 批准、追認及確認金融服務框架協議下之存款服務的每日最高存款餘額；及 (c) 授權本公司董事或本公司董事授權之任何其他人士就執行存款服務及其下擬進行或涉及之所 有交易及其他事宜而簽署、簽立、完善及交付彼等全權酌情認為屬必需或適宜之所有有關文 件以 ...

中化化肥控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：297） 代表委任表格 SINOFERT HOLDINGS LIMITED 代表委任表格乃供股東於二零二五年十二月十九日上午十時正假座香港金鐘夏愨道18號海富中心1期24樓舉行之中化化肥控 股有限公司（「本公司」）股東特別大會（「大會」）時所用。 本人╱吾等 （附註a） 地址為 為本公司股本中每股面值0.10港元之普通股共 股 （附註b） 之登記持有人， 茲委任大會主席或 （附註c） 地址為 為本人╱吾等之代表，於二零二五年十二月十九日上午十時正假座香港金鐘夏愨道18號海富中心1期24樓舉行之大會及其任 何續會上代表本人╱吾等及按下列指示（倘無該等指示，由本人╱吾等之代表酌情）投票 （附註d） 。 | | 普通決議案 | （附註d） 贊成 | 反對 | （附註d） | | --- | --- | --- | --- | --- | | 1 | 批准金融服務框架協議（定義及詳情見本公司日期為二零二五年十二月四日致股東 | | | | | | （附註e） 之通函）、存款服務之每日最高存款餘額及相關事宜 。 | | | | 日期：二零二五年 月 日 ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢閣下之持牌證券交易 商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已出售或轉讓名下全部中化化肥控股有限公司股份，應立即將本通函及隨附之 代表委任表格送交予買主或承讓人，或經手買賣或轉讓之銀行、持牌證券交易商或其 他代理商，以便轉交買主或承讓人。 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通函之內容概不負責，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通函全部或任何部份內 容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 SINOFERT HOLDINGS LIMITED 中化化肥控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：297） 金融服務框架協議下 之主要及持續關連交易 及 股東特別大會通告 獨立董事委員會及獨立股東之獨立財務顧問 新百利融資有限公司 董事會函件載於本通函第5至20頁。獨立董事委員會函件（載有其致獨立股東之意見）載 於本通函第21頁。獨立財務顧問新百利函件（載有其致獨立董事委員會及獨立股東之意 見）載於本通函第22至45頁。 中化化肥控股有限公司謹訂於二零二五年十二月 ...

公司名稱: 中化化肥控股有限公司 呈交日期: 2025年12月2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) | 00297 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 80,000,000,000 | HKD | | 0.1 | HKD | | 8,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 80,000,000,000 | HKD | | 0.1 | HKD | | 8,000,000,000 | 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: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 | ...

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，並明確表示概不會就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。 SINOFERT HOLDINGS LIMITED 中化化肥控股有限公司 ( 於百慕達註冊成立之有限公司 ) (股份代號：297) 暫停辦理股份過戶登記手續以釐定 出席股東特別大會並於會上投票的權利 茲提述中化化肥控股有限公司（「本公司」）日期為二零二五年十月二十七日之公告，内 容有關金融服務框架協議下之主要及持續關連交易（「該公告」）。除文義另有所指外， 本公告所用詞彙與該公告所界定者具有相同涵義。 暫停辦理股份過戶登記手續以確定出席股東特別大會並於會上投票權利 本公司將於二零二五年十二月十九日舉行股東特別大會。 本公司將於二零二五年十二月十六日至二零二五年十二月十九日（包括首尾兩日）暫停辦 理股份過戶登記手續，於該期間內不會進行任何本公司股份過戶登記。為符合資格於本公 司之股東特別大會上投票，所有股份過戶文件連同有關股票必須於二零二五年十二月十五 日下午四時三十分前遞交予本公司於香港之股份過戶登記分 ...

Core Viewpoint - Fertilizer stocks have shown strong performance, with notable increases in share prices for companies such as China Heart and Heart Fertilizer, Sinochem Fertilizer, and CNOOC Chemical, following the agreement on potash fertilizer import prices for 2026 [1] Group 1: Market Performance - China Heart and Heart Fertilizer (01866) rose by 4.55% to HKD 8.74 [1] - Sinochem Fertilizer (00297) increased by 4.58% to HKD 1.6 [1] - CNOOC Chemical (03983) saw a rise of 4.53% to HKD 2.54 [1] Group 2: Potash Fertilizer Pricing - The Chinese negotiation team reached an agreement with major international potash suppliers, setting the 2026 import contract price at USD 348 per ton (CFR), which is an increase of USD 2 per ton compared to 2025 [1] - This pricing strategy continues to maintain a "price lowland" for global potash fertilizers, ensuring stable domestic supply and pricing [1] Group 3: Urea Market Dynamics - In November, urea daily production is expected to remain high due to policy support and profit recovery, which exerts significant pressure on prices [1] - Export policy adjustments have been timely and continuous, alleviating pressure on the fundamentals and reducing the intensity of price declines [1] - Short-term spot prices are supported, leading to improved industry sentiment, with domestic urea market conditions remaining stable to slightly strong [1] - Rising coal prices are also contributing to support for urea prices by increasing cash flow cost lines [1]

Core Viewpoint - Fertilizer stocks have shown strong performance, with notable increases in share prices following the agreement on potash import prices for 2026, which is expected to stabilize domestic supply and prices [1] Group 1: Company Performance - China Heart and Heart Fertilizer (01866) increased by 4.55%, reaching HKD 8.74 [1] - Sinochem Fertilizer (00297) rose by 4.58%, reaching HKD 1.6 [1] - CNOOC Chemical (03983) saw a rise of 4.53%, reaching HKD 2.54 [1] Group 2: Market Dynamics - On November 23, a consensus was reached between the Chinese potash import negotiation team and major international suppliers, setting the 2026 potash import contract price at USD 348 per ton (CFR), a year-on-year increase of USD 2 per ton compared to 2025 [1] - The agreement helps maintain China's position as a "price lowland" for global potash, ensuring stable domestic supply and price [1] Group 3: Industry Insights - According to Nanhua Futures, the daily production of urea is expected to remain high due to policy support and profit recovery, which exerts significant pressure on prices [1] - However, timely adjustments in export policies have alleviated some downward pressure on prices, leading to a more stable short-term market for domestic urea [1] - Rising coal prices are also contributing to support for urea prices by increasing cash flow cost lines for coal-based production [1]

Core Viewpoint - Fertilizer stocks showed strong performance today, with notable increases in share prices for several companies following the agreement on potash import prices for 2026, which supports domestic supply and price stability [1] Group 1: Company Performance - China Heartland Fertilizer (01866) rose by 4.55%, reaching HKD 8.74 [1] - Sinochem Fertilizer (00297) increased by 4.58%, reaching HKD 1.6 [1] - CNOOC Chemical (03983) gained 4.53%, reaching HKD 2.54 [1] Group 2: Market Developments - On November 23, the Chinese potash import negotiation team reached an agreement with major international potash suppliers, setting the 2026 contract price at USD 348 per ton (CFR), a USD 2 increase from 2025 [1] - This price adjustment continues to maintain a "price lowland" for global potash, ensuring domestic supply and price stability [1] Group 3: Industry Insights - Nanhua Futures (603093) indicated that in November, supported by policies for supply assurance and profit recovery, daily urea production is expected to remain high, exerting significant pressure on prices [1] - However, timely and continuous adjustments to export policies have alleviated downward pressure on prices, leading to a more stable short-term domestic urea market [1] - Rising coal prices are also contributing to support for urea prices, as the cash flow cost line for coal-based production increases [1]

Core Viewpoint - Syngenta, a Swiss agrochemical giant under China National Chemical Corporation, is in preliminary discussions with financial advisors for a potential IPO in Hong Kong in 2026, with plans to divest non-core and loss-making assets prior to the IPO [1] Company Background - Syngenta was formed in 2000 through the merger of the agricultural businesses of Novartis and AstraZeneca [1] - In June 2017, China National Chemical Corporation acquired Syngenta for $43 billion, marking the largest overseas acquisition by a Chinese company [1] - Syngenta Group Co., Ltd. was established in Shanghai in June 2019 to integrate agricultural assets from China National Chemical and China National Chemical Corporation [1] - The group became a core platform for the agricultural sector of China National Chemical after the restructuring in May 2021, with the actual controller being the State-owned Assets Supervision and Administration Commission of the State Council [1] IPO History - Syngenta Group submitted a listing application to the Shanghai Stock Exchange's Sci-Tech Innovation Board in 2021, later shifting to the main board in 2023 with plans to raise 65 billion yuan (approximately $9 billion) [1] - The IPO was expected to be one of the largest in the Chinese market at that time [1] - The group withdrew its listing application in March 2024 due to significant market volatility, indicating a potential restart of the listing process when market conditions are favorable [1] Financial Performance - For the first three quarters of this year, Syngenta reported revenue of $20.9 billion, a year-on-year decline of 2%, while EBITDA was $3.4 billion, reflecting a year-on-year increase of 25% [1] - The revenue decline in the third quarter and the first three quarters was primarily attributed to the orderly contraction of China's grain and oil trade business [1]

Core Insights - The recent capital increase of 44 billion RMB for China Commercial Aircraft Corporation (COMAC) signals a critical phase for the C919 aircraft as it prepares for large-scale deliveries [1][2] - The registered capital of COMAC has surged from approximately 50.1 billion RMB to about 94.1 billion RMB, marking an increase of around 88% [1] - The State-owned Assets Supervision and Administration Commission (SASAC) contributed 24.997 billion RMB, raising its stake to 53.08%, achieving absolute control [1] Shareholder Contributions - Eight out of nine shareholders participated in the capital increase, with notable contributions from China Aluminum Group (28.02 billion RMB), China National Building Material Group (26.50 billion RMB), and China Electronics Technology Group (17.28 billion RMB), resulting in increased ownership percentages [1] - Other five companies saw a decrease in their shareholding ratios despite some increasing their investment, such as Shanghai Guosheng Group, which invested 8 billion RMB but saw its stake drop from 20.91% to 19.64% [2] - China National Aviation Industry Group, China Baowu Steel Group, and China Guoxin Holdings also reduced their stakes following their respective investments [2] Company Background and Recent Developments - COMAC, established in March 2008 and headquartered in Shanghai, is the core entity for implementing China's major aircraft projects, including the C919 and C909 aircraft [2] - The C919 has recently entered commercial operations, with the first delivery to China Eastern Airlines in December 2022 and successful commercial flights starting in May 2023 [2] - As of now, 26 C919 aircraft have been delivered, operating over 30 routes and achieving a cumulative passenger volume exceeding 2 million in just over two years of commercial operation [2]