Vancouver, B.C., Houston, Texas – February 3, 2026 – TheNewswire – CleanGo Innovations Inc. (CSE:CGII) (OTC:CLGO.F) (FRA:APO2) ("CleanGo" or the "Company"), a global leader in proprietary green technology solutions, is pleased to announce it has signed an exclusive Agency Agreement in Cyprus to lead the global launch and Mediterranean expansion of its dedicated Maritime division, CleanGo Marine.The Company has officially appointed WSR Services LTD, an affiliate of the UW Group (https://www.uwgroup.com/) b ...

Financial Data and Key Metrics Changes - Revenue from core leasing business decreased by 1% due to depreciation of the renminbi, while operating profit increased by 1% and underlying profit improved by 3% compared to 2024 [8][9] - Overall proceeds from properties reached HKD 1.6 billion, the highest in the last eight years, with HKD 264 million booked in revenue [24][25] - Net gearing ratio decreased to 32.7%, lower than the previous year, aided by a scrip dividend arrangement and reduced CapEx [31][67] Business Line Data and Key Metrics Changes - Mainland rental revenue remained flat year-on-year, with retail revenue up by 1% and office revenue facing headwinds, down by 8% [10][19] - In Hong Kong, overall revenue decreased by 2%, with retail impacted by a single tenant's lease expiration [22][23] - New letting increased by 15% and renewal increased by 5%, indicating effective tenant management [15] Market Data and Key Metrics Changes - The mainland office market is expected to face challenges for another 18-24 months due to high supply and tenant bargaining power [20][21] - Hong Kong retail is seen as more structural, with a slower recovery expected compared to the cyclical nature of mainland retail [64][66] - Footfall and occupancy rates reached record highs, particularly in Q4, indicating a positive trend despite overall cautious outlook [57][59] Company Strategy and Development Direction - The company is focusing on its V3 strategy, which aims to expand with minimal capital expenditure and faster project execution [4][6] - Emphasis on enhancing existing properties and leveraging established teams and relationships to increase market share in key cities like Shanghai, Hangzhou, Wuxi, and Kunming [5][6] - The company plans to continue diversifying its retail offerings, focusing on non-luxury segments to capture growth opportunities [57][62] Management's Comments on Operating Environment and Future Outlook - Management acknowledges ongoing corrections in both Hong Kong and mainland markets, with a mix of structural and cyclical shifts [7] - There is cautious optimism for 2026, with expectations for tenant sales to improve, particularly in non-luxury segments [47][55] - The company is preparing for potential foreign investment returns to China, which could positively impact the market [22] Other Important Information - The company is committed to sustainability, achieving its 25/25 ESG goals and aiming for net-zero emissions by 2030 [35][36] - The company is planning significant expansions in key locations, with a projected RMB 1 billion investment for V3 projects [38][39] Q&A Session Summary Question: CEO succession plans and qualities sought in a new CEO - The current CEO plans to retire at 55, emphasizing personal goals and family time, with the board already informed a year in advance [48][50] - The board is actively seeking a successor, with no specific timeline announced yet [54] Question: Outlook for Mainland China retail in 2026 - Management remains cautiously optimistic, noting strong Q4 performance but still cautious about luxury brand recovery [55][56] - January sales are expected to be stable, with potential for good performance due to the timing of Chinese New Year [61] Question: Leasing strategy for 2026 and performance stabilization in Wuhan and Shenyang - The company plans to continue adding experiential, non-luxury spaces while monitoring luxury performance [76] - Stabilization in underperforming markets is anticipated by 2026 or 2027, with ongoing repositioning efforts [76] Question: Dividend considerations with lower gearing and CapEx - Future dividend increases will depend on earnings recovery, with no specific scenarios outlined yet [76]

Industry Overview - The Waste Management industry is benefiting from positive trends in government regulations, advanced technologies, and increased environmental awareness, with the global sector reaching $1.2 trillion in 2024 and projected to grow to $1.6 trillion by 2029 [1] - The industry is categorized into segments based on waste type, including industrial, commercial, domestic, and agricultural, with industrial waste gaining significance due to ongoing industrial expansion [3] - The Disposal services segment is the primary revenue-generating category, driven by the growing need for waste recycling [3] Technological Advancements - Technology plays a crucial role in waste management, with AI emerging as a key tool for sorting waste and enhancing recycling efforts, leading to more efficient and eco-friendly practices [5] - Waste-to-Energy (WTE) technologies, including thermal and biological solutions, are expected to grow from $48.1 billion in 2024 to $93 billion by 2034, with a CAGR of 6.8% [6] ESG Considerations - Waste management is integral to Environmental, Social, and Governance (ESG) goals, helping companies improve their ESG ratings and meet legal requirements while promoting sustainable practices [4] Market Performance - The Zacks Waste Removal Services industry currently holds a Zacks Industry Rank of 90, placing it in the top 37% of 243 Zacks industries, indicating strong near-term prospects [7][8] - Over the past year, the industry has declined by 7.3%, underperforming the broader sector's growth of 13.3% and the S&P 500's 13.7% [10] Current Valuation - The industry is trading at an EV-to-EBITDA ratio of 12.67X, compared to the S&P 500's 17.94X and the sector's 10.23X, indicating a relatively attractive valuation [13] Company Highlights Xylem (XYL) - Xylem's revenue increased by 7% year over year in Q3 2025, supported by strong growth in measurement and control solutions, with a backlog of nearly $5 billion [17] - The company has an EBITDA margin exceeding 23%, with management expecting it to remain around 22-23% for the full year [18] - Xylem has a Zacks Rank of 2 (Buy) and its shares have risen by 22.1% year-to-date [20] Zurn Elkay Water Solutions Corp (ZWS) - ZWS's sales improved by 11% year over year in Q3 2025, driven by growth initiatives despite challenges in the residential market [24] - The company has a Zacks Rank of 2 and its shares have increased by 26.2% year-to-date [26] Republic Services (RSG) - RSG's revenue grew by 3.3% year over year in Q3 2025, with an adjusted EBITDA margin of 32.8%, reflecting strong pricing and operational efficiency [29] - The company is committed to fleet electrification, with plans to increase its electric vehicle fleet [31] - RSG holds a Zacks Rank of 3 (Hold) and its shares have risen by 10% year-to-date [32]