Group 1 - The Hang Seng Index opened up by 0.17% and the Hang Seng Tech Index opened up by 0.28% [1] - China Carbon Neutrality opened up by 3.66% following the signing of a strategic cooperation agreement with Beijing Zhonghong Blue Ocean [1] - The cooperation will focus on carbon peak, carbon neutrality, and the new energy industry, with a total investment of approximately 10 billion RMB [1]

Group 1 - The company has signed a settlement and offset agreement with subscribers, agreeing to issue convertible bonds worth HKD 57.66 million to offset debts [1] - The convertible bonds can be converted at an adjusted price of HKD 0.28 per share, potentially resulting in the issuance of up to 206 million shares, which would represent approximately 32.03% of the current issued share capital [1] - The issuance of convertible bonds is intended solely to offset debt, meaning the company will not receive any proceeds from this issuance [1] Group 2 - The company has considered various fundraising options, including debt financing, placing new shares, and rights issues, but found them increasingly difficult due to limited borrowing capacity and tightening credit policies [2] - The board believes that issuing convertible bonds is a more feasible and cost-effective method for debt repayment, given the current market conditions and uncertainties surrounding other financing options [2]

Group 1: Company Strategy and Transformation - The company aims to transform by focusing on new energy, new materials, and new technologies, creating a more reasonable industrial structure and cultivating new profit growth points [2][7]. - The company has announced a repurchase plan with a budget of 30 million to 60 million, with a three-month implementation period starting from board approval [3][4]. - The "Yupin Luanshan" project is expected to start sales in Q4 2025, contributing positively to the company's financial situation [5][14]. Group 2: Financial Performance - In 2024, the company achieved a revenue of 425 million and a net profit of 40.51 million attributable to shareholders [11]. - The Zhuhai Juneng project is projected to generate an annual revenue of 17.52 million in 2024 [4]. - The company’s asset quality is good, with cash exceeding liabilities, providing a solid foundation for future development [8]. Group 3: Market Conditions and Challenges - The real estate market is experiencing a gradual stabilization after deep adjustments, but still faces risks such as debt risks and insufficient buyer confidence [8]. - The company’s real estate development is primarily focused on urban renewal projects in Shenzhen, with ongoing projects like the "Yupin Luanshan" [5]. - The company is adopting a "rent and sell" strategy to improve the leasing rate of its Shenzhen Huazhong City Business Center, which currently stands at 41% [5]. Group 4: Investor Relations and Communication - The management acknowledges investor concerns regarding the company's transformation and is committed to timely disclosures of significant developments [2][6]. - The company has received feedback from long-term investors expressing concerns about stock performance and project profitability, which management aims to address [3][4].

5月19日，2025（第三届）两岸碳中和大会在福州成功举办。本届大会为"第二十七届海峡两岸经贸 交易会"的重点活动之一，由清华大学两岸发展研究院联合清华大学碳中和研究院、海峡经济科技合作 中心、台湾财团法人二十一世纪基金会共同主办。大会以"可持续发展下的两岸机遇与合作"为主题，来 自两岸的专家学者、企业家及行业精英200余人与会，聚焦两岸碳中和领域政策协同、技术创新、产业 发展等热门议题展开深入讨论。 中国气候变化事务特使刘振民发来书面致辞。福建省委常委、福州市委书记郭宁宁，清华大学两岸 发展研究院院长、清华大学原校长、中国科学院院士顾秉林，海峡经济科技合作中心副主任李辉，华中 科技大学教授、中国科学院院士程时杰，财团法人二十一世纪基金会副董事长高思博出席开幕式并致 辞。清华大学两岸发展研究院办公室主任张征征主持本次大会。 顾秉林说，低碳技术创新能力和绿色发展水平逐步成为衡量企业可持续发展能力的核心指标，更是 对全球产业竞争力产生了重要影响。两岸在碳中和赛道上并肩前行、融合发展，不仅有利于应对全球气 候危机，更是提升两岸产业竞争力、壮大经济的关键举措。希望两岸嘉宾进一步凝聚共识、深化互信， 不断拓展两岸碳中和 ...