Group 1 - The company, Everbright Environment, announced a preliminary proposal to issue RMB shares and list them on the Shenzhen Stock Exchange, subject to market conditions and necessary approvals [1] - The proposed issuance is for up to 800 million shares, with net proceeds intended for business development and general working capital, pending regulatory approval [1] - Everbright Environment is the first Hong Kong-listed company to announce plans to return to A-shares following a policy that allows companies in the Guangdong-Hong Kong-Macao Greater Bay Area to list on the Shenzhen Stock Exchange [1] Group 2 - Everbright Environment, a subsidiary of Everbright Group, has become the largest environmental company in China and the world's largest waste-to-energy investment operator since its transformation in 2003 [2] - The company focuses on three main areas: solid waste, water resources, and clean energy, with core businesses including waste-to-energy, biomass utilization, hazardous waste disposal, and environmental remediation [2] - As of June 30, 2025, Everbright Environment has expanded its operations to 26 provinces and regions in China and 16 countries overseas, with ongoing projects in Uzbekistan, Thailand, and India [2]

Core Viewpoint - China Everbright Greentech (01257) reported a decrease in revenue for the six months ending June 30, 2025, while showing an increase in profit attributable to equity shareholders [1] Financial Performance - Revenue for the period was HKD 3.4 billion, a year-on-year decrease of 3.01% [1] - Profit attributable to equity shareholders was HKD 191 million, reflecting a year-on-year increase of 32.56% [1] - Basic earnings per share were HKD 0.0923 [1] - The company proposed an interim dividend of HKD 0.028 per share [1] Revenue Breakdown - Total revenue from biomass comprehensive utilization, hazardous waste and solid waste disposal, environmental restoration, and photovoltaic and wind power segments amounted to approximately HKD 3.4 billion [1] - Revenue from construction services was approximately HKD 46.488 million, a significant decrease of 74% compared to the same period last year [1] - Revenue from operational services was approximately HKD 3.19 billion, showing a slight increase of 1% year-on-year [1] - Revenue composition by nature: construction services accounted for 1%, operational services for 94%, and financial income for 5% of total revenue [1]