近日，格隆汇"金格奖"——大中华区卓越公司评选结果出炉，晋景新能荣获"年度转型先锋奖"。 据悉，"年度转型先锋企业奖"着重关注企业对动态环境变化的适应力，以及实现长期可持续、高质量发 展的能力，真正通过转型创造价值、保持创新活力，并对产业升级产生积极影响的领先企业。该奖项体 现对拥有卓越的财务表现、善于创新、充满韧性，社会效益和经济效益并重公司的肯定。本次评选通过 定量数据分析和专家评审团等方式得出最终结果。 很显然，晋景新能荣获此奖项可谓实至名归，我们不妨借此机会探寻：晋景新能究竟做对了什么，方能 脱颖而出？ 一、精准卡位蓝海赛道，构建全球化生态壁垒 晋景新能的转型成功，首要在于其前瞻性地锁定动力电池回收这一绿色能源领域的黄金赛道，并构建 起"全球化网络+生态协同"的差异化竞争优势。 在2020年向绿色能源领域转型之初，公司便敏锐洞察到新能源产业闭环中退役电池处理的刚性需求，摒 弃传统建筑业业务的路径依赖，全力聚焦逆向供应链管理及绿色能源解决方案核心赛道。 这一战略抉择精准契合全球"双碳"目标推进趋势，也踩中了动力电池回收市场的爆发前夜。根据标普全 球估计，至2030年间，动力电池的需求将以每年22.3%的 ...

此份财报清晰表明了晋景新能向全球循环经济服务商转型已取得巨大成功，其搭建的全球循环经济服务 体系的庞大商业化价值正爆发式兑现。 若说强劲的业绩表现为投资者注入了坚定信心，那么与FMG(Fortune Metal Group Inc)的战略绑定，则真 正打开了晋景新能面向全球资源循环市场的战略发展空间。继今年5月与中资环国际达成战略伙伴后， 此次合作是晋景新能在海外再生资源体系布局的重要里程碑。这代表晋景新能不仅成为了保障国家战略 资源安全的"新样本"，也将为其成长为综合型的回收网络渠道商巨头以及全球领先的金属材料贸易循环 经济平台奠定坚实基础。 业绩爆发再度提速，加速驶入战略转型收获期 作为全球循环经济领域中的领先玩家，晋景新能(01783)横跨亚、美、欧三大洲的全球电芯循环服务体 系的巨大价值正迎来加速释放，这在其最新的财报中有直接体现。 12月10日，晋景新能发布了2026财年中期报告。数据显示，在截至9月30日止的6个月内，晋景新能的收 入约为8.16亿港元，同比增长228.6%，股东净利润成功实现扭亏为盈，录得盈利1510万港元。 收入大增、净利润扭亏的背后，得益于晋景新能逆向供应链管理及环保相关服务 ...

若说强劲的业绩表现为投资者注入了坚定信心，那么与FMG(Fortune Metal Group Inc)的战略绑定，则真 正打开了晋景新能面向全球资源循环市场的战略发展空间。继今年5月与中资环国际达成战略伙伴后， 此次合作是晋景新能在海外再生资源体系布局的重要里程碑。这代表晋景新能不仅成为了保障国家战略 资源安全的"新样本"，也将为其成长为综合型的回收网络渠道商巨头以及全球领先的金属材料贸易循环 经济平台奠定坚实基础。 作为全球循环经济领域中的领先玩家，晋景新能(01783)横跨亚、美、欧三大洲的全球电芯循环服务体 系的巨大价值正迎来加速释放，这在其最新的财报中有直接体现。 12月10日，晋景新能发布了2026财年中期报告。数据显示，在截至9月30日止的6个月内，晋景新能的收 入约为8.16亿港元，同比增长228.6%，股东净利润成功实现扭亏为盈，录得盈利1510万港元。 收入大增、净利润扭亏的背后，得益于晋景新能逆向供应链管理及环保相关服务的爆发式成长。报告期 内，晋景新能逆向供应链管理及环保相关服务的收入约为7.9亿港元，同比暴增401.78%，该业务占总收 入的比例上升至96.81%。 此份财报清晰表明 ...

Core Viewpoint - The global energy transition towards green and low-carbon solutions is accelerating, and battery recycling is emerging as a key growth opportunity within the new energy industry. The company, JinJing New Energy, has demonstrated significant progress in its recent semi-annual performance report, showcasing a successful strategic transformation and core competitiveness in the battery recycling sector [1]. Financial Performance Highlights - The company achieved a turnaround from loss to profit, with a reported profit attributable to shareholders of HKD 15.121 million, compared to a net loss in the same period last year [3]. - Total revenue reached HKD 816 million, marking a substantial year-on-year increase of 228.6%, positioning the company at the forefront of the new energy and environmental protection industry [3]. - Revenue from reverse supply chain management and environmental services accounted for over 90% of total revenue, growing by 401.6% year-on-year, indicating a successful strategic shift from traditional construction to green environmental services [3]. - Adjusted EBITDA increased from approximately HKD 15.9 million to about HKD 36.1 million, reflecting a growth rate of over 127%, highlighting improved profitability and operational efficiency [4]. - The company maintained healthy cash flow and reasonable debt levels while rapidly expanding its business, establishing a solid financial foundation for future growth [4]. Strategic Layout and Growth Drivers - The impressive financial performance is a direct result of the company's effective strategic implementation across three dimensions: business focus, global network development, and ecosystem construction [6][7]. - The strategic pivot towards the environmental sector is crucial for the recent performance surge, as the company has aligned its resources with the growing demand for battery recycling driven by the rapid development of electric vehicles and energy storage [8]. - JinJing New Energy has established itself as the first company in Hong Kong to obtain a full-chain battery disposal license, facilitating compliance in battery recycling operations [8]. - The company has made significant strides in global service network development, holding various government licenses and international certifications, which support its business expansion [9]. - Key strategic moves include securing exclusive trading rights with Fortune Metal Group in the U.S. and acquiring Green Jade Group, enhancing the company's operational network in Europe and Southeast Asia [9][10]. - The company has established over 70 service nodes across 28 countries, enabling localized operations and a global recycling service network, which enhances its ability to respond to diverse market demands [10]. - Collaborative efforts with industry leaders and cross-sector partnerships are extending the company's operational scope, integrating battery recycling with energy storage solutions [11]. Conclusion - As the global green economy continues to advance, JinJing New Energy is positioned at the forefront of the industry, demonstrating a clear strategic evolution path through significant mid-term performance growth, optimized business structure, and orderly global strategy implementation [13].

Core Viewpoint - Jin Jing New Energy (01783) reported a significant increase in revenue and profitability for the six months ending September 30, 2025, driven by growth in reverse supply chain management and environmental services [1] Financial Performance - The company achieved revenue of approximately HKD 816 million, representing a year-on-year increase of 228.6% [1] - Gross profit was HKD 84.21 million, up 89.6% year-on-year, with a gross margin of approximately 10.3% [1] - Profit attributable to shareholders was HKD 15.12 million, marking a turnaround from a loss, with basic earnings per share of HKD 0.55 [1] Revenue Drivers - The substantial increase in total revenue was primarily due to a rise of approximately HKD 632 million in revenue from reverse supply chain management and environmental services, partially offset by a decrease of about HKD 65 million from structural building and renovation services [1] Future Outlook - The company maintains an optimistic outlook for future development, particularly in reverse supply chain management and environmental services, which align with global green business and environmental trends [1] - The positive transformation in performance reflects significant revenue growth and a reduction in certain one-time expenses compared to the same period in 2024 [1] - The company believes that reverse supply chain management and environmental services will be key areas driving sustainable growth in the long term [1]

Core Viewpoint - Jin Jing New Energy (01783.HK) reported significant revenue growth and a turnaround to profitability for the six months ending September 30, 2025, driven by increased earnings from reverse supply chain management and environmental services [1] Financial Performance - The company recorded revenue of approximately HKD 816 million, representing a year-on-year increase of 228.6% [1] - Profit attributable to owners was approximately HKD 15.1 million, a recovery from a loss of approximately HKD 26.6 million in the same period of 2024 [1] - Basic and diluted earnings per share were approximately HKD 0.0055, compared to a loss of approximately HKD 0.0106 per share in 2024 [1] Revenue Drivers - The substantial increase in total revenue was primarily due to a rise of approximately HKD 630 million in earnings from reverse supply chain management and environmental services [1] - This growth was partially offset by a decrease of approximately HKD 65 million in revenue from superstructure construction and renovation, maintenance, and extension projects [1] Strategic Outlook - The company believes that reverse supply chain management and environmental services align with global trends in green business and environmental protection, positioning them as key areas for sustained growth [1]

Core Viewpoint - Jin Jing New Energy (01783) has issued a positive profit forecast, expecting to turn a loss into a profit with a projected net profit of approximately HKD 12 million to HKD 16 million for the six months ending September 30, 2025 [1] Financial Performance - The company anticipates a significant revenue increase of approximately HKD 567.3 million, representing a 129% growth compared to HKD 248.2 million in the same period last year [1] - Gross profit is expected to rise by approximately HKD 39.8 million, driven by the expansion of reverse supply chain management and environmental services [1] - The reduction in share-based payment expenses is projected to decrease by approximately HKD 30.6 million year-on-year [1] Future Developments - The company is constructing Hong Kong's first power battery processing plant, expected to commence operations in the first half of 2026, with a design capacity to meet the battery processing needs outlined in Hong Kong's 2035 electric vehicle plan [1] - With the acceleration of electric vehicle adoption in Hong Kong and the expansion of the global battery recycling market, Jin Jing New Energy is positioned to benefit from the growth opportunities in the renewable energy sector due to its first-mover advantage and policy support [1]

Core Viewpoint - Company Jin Jing New Energy (01783) has issued a positive profit forecast, expecting to turn a loss into a profit with a projected net profit of approximately HKD 12 million to HKD 16 million for the six months ending September 30, 2025 [1] Financial Performance - Revenue is expected to significantly increase to approximately HKD 567.3 million, representing a year-on-year growth of about 129% from HKD 248.2 million [1] - Gross profit is anticipated to rise by approximately HKD 39.8 million, driven by the expansion of reverse supply chain management and environmental services [1] - The company has reduced share-based payment expenses by approximately HKD 30.6 million compared to the previous year [1] Future Developments - The company is constructing Hong Kong's first power battery processing plant, expected to commence operations in the first half of 2026, designed to meet the battery processing needs outlined in Hong Kong's 2035 electric vehicle plan [1] - With the acceleration of electric vehicle adoption in Hong Kong and the expansion of the global battery recycling market, the company is positioned to benefit from the growth in the new energy sector due to its first-mover advantage and policy support [1]

Core Viewpoint - Jin Jing New Energy (01783) anticipates a turnaround from loss to profit, projecting a net profit of approximately HKD 12 million to HKD 16 million for the six months ending September 30, 2025, compared to a net loss of approximately HKD 26.6 million for the same period in 2024 [1] Financial Performance - The increase in net profit is attributed to a combination of factors, including an increase in revenue of approximately HKD 567 million and a gross profit increase of approximately HKD 39.8 million, primarily driven by significant revenue growth in reverse supply chain management and environmental services [1] - The company reported a decrease in share-based payment expenses of approximately HKD 30.6 million compared to the same period last year [1] - Sales and distribution expenses increased by approximately HKD 19.8 million, consistent with the rise in revenue [1]

Core Viewpoint - The company, Jin Jing New Energy (01783.HK), anticipates a turnaround from loss to profit, projecting a net profit of approximately HKD 12 million to HKD 16 million for the six months ending September 30, 2025, compared to a net loss of about HKD 26.6 million for the same period in 2024 [1] Financial Performance - The expected increase in net profit is attributed to several factors, including a revenue increase of approximately HKD 567.3 million and a gross profit increase of about HKD 39.8 million, primarily driven by significant growth in the reverse supply chain management and environmental services segments [1] - The company reports a reduction in share-based payment expenses of approximately HKD 30.6 million compared to the same period last year [1] - Sales and distribution expenses increased by approximately HKD 19.8 million, consistent with the revenue growth [1]