Core Viewpoint - The company has signed a construction contract for a smart microgrid project in the Democratic Republic of the Congo, marking its first large-scale investment in this area, with a total contract value of approximately $14.93 million [1] Group 1: Project Details - The contract was signed between the company's indirect subsidiary, Galaxy Energy, and the contractor, Wuhuang Company, for the Dizwa smart microgrid (solar storage) project [1] - The project aims to enhance the company's overall solution capabilities in the renewable energy mining sector and is significant for expanding its overseas renewable energy market [1] Group 2: Financial Aspects - Approximately 70% of the funds raised from a previous H-share placement (around HKD 168 million) will be allocated to the development of overseas photovoltaic and energy storage projects [1] - The successful implementation of this project aligns with the company's integrated strategy of "solar storage + transportation" [1] Group 3: Strategic Partnerships - The company has established a strategic partnership with China Fifteenth Metallurgical Construction Group Co., Ltd., the wholly-owned parent of Wuhuang Company, to jointly bid for this project [1] - Wuhuang Company possesses extensive experience and a good reputation in local mining construction and photovoltaic projects, which is beneficial for ensuring the smooth execution of the project [1]

Core Viewpoint - The company has signed a construction contract for a large-scale smart microgrid project in the Democratic Republic of the Congo, marking a significant step in its overseas renewable energy strategy [1] Group 1: Contract Details - The company’s indirect subsidiary, Galaxy Energy, has entered into a construction contract with Wuhuang Company for the Dizwa smart microgrid project, with a total contract value of approximately 14.939 million USD [1] - The project is part of the company's strategy to enhance its capabilities in the renewable energy mining sector [1] Group 2: Strategic Significance - Approximately 70% of the funds raised from a recent placement (around 168 million HKD) will be allocated to the development of overseas photovoltaic and energy storage projects, aligning with the company's integrated "solar + storage" strategy [1] - The successful implementation of this project is crucial for expanding the company's presence in the overseas renewable energy market and optimizing its business layout [1] Group 3: Partnership and Experience - The company has established a strategic partnership with China Fifteenth Metallurgical Construction Group, the parent company of Wuhuang, to jointly undertake the project [1] - Wuhuang Company possesses extensive experience and a good reputation in local mining construction and photovoltaic projects, which is expected to facilitate the smooth execution of the project [1]

Core Viewpoint - Boretton (stock code: 1333) announced a financing plan through the placement of new H-shares, aiming to raise approximately HKD 250 million, with net proceeds expected to be around HKD 240 million after expenses [1] Group 1: Financing Details - The company plans to issue 10,000,000 new H-shares at a placement price of HKD 25.08, which represents a discount of approximately 15.0% compared to the previous trading day's closing price of HKD 29.50 [1] - The placement price also reflects a discount of about 17.1% compared to the average closing price over the last five trading days [1] - The new shares will account for approximately 2.6% of the existing issued share capital and about 2.57% of the enlarged share capital post-financing [1] Group 2: Use of Proceeds - Approximately HKD 170 million of the raised funds will be allocated for the investment and development of overseas photovoltaic and energy storage projects [1] - Around HKD 40 million will be used to repay interest-bearing loans [1] - Another HKD 40 million is designated for the research and development of a multimodal large model-driven autonomous mining truck collaborative scheduling system [1] Group 3: Company Overview - Boretton focuses on integrated solutions for "photovoltaic storage + transportation," with core business areas including the development of photovoltaic energy storage projects, electric mining trucks, and intelligent scheduling systems [1]