Core Viewpoint - Beijing Energy International (00686) has signed an EPC contract valued at approximately RMB 263 million (including tax) for a project with its subsidiary 京馨, indicating a strategic alignment with national policies promoting renewable energy development [1] Group 1: Contract Details - The EPC contract was established on January 6, 2026, between 京馨 (as the client) and a consortium (as the contractor) [1] - The contract price for the EPC services is approximately RMB 263 million (including tax) [1] Group 2: Industry Outlook - The company maintains an optimistic outlook on the development and expected investment returns of photovoltaic and clean energy projects in China [1] - The signing of the EPC contract aligns with national policies aimed at promoting renewable energy and clean energy bases, supporting the company's expansion in the photovoltaic sector [1] - This arrangement is expected to enhance the company's operational flexibility and sustainability while strengthening its project reserves in core areas [1]

Core Viewpoint - Beijing Energy International (00686.HK) has signed an EPC contract valued at approximately RMB 263 million (including tax) for a project aimed at expanding its clean energy and renewable energy business, aligning with national policies promoting renewable energy development [1] Company Summary - The EPC contract was established between Jingxin (a non-wholly owned subsidiary of the company) and a consortium, which will provide EPC services for the construction of the project [1] - The company maintains an optimistic outlook on the development and expected investment returns of photovoltaic and clean energy projects in China [1] - The signing of the EPC contract is strategically aligned with national policies aimed at developing renewable energy and clean energy bases, supporting the company's ongoing expansion of its photovoltaic business portfolio [1] Industry Summary - The company is focused on expanding its clean energy and renewable energy business scale while optimizing its business structure [1] - The arrangements from the EPC contract are expected to enhance the company's operational flexibility and sustainability, reinforcing its project reserves in core areas [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 686 須予披露交易 有關位於中國江蘇省 上市規則之涵義 由於有關訂立EPC合約之最高適用百分比率超過5%但低於25%，故訂立EPC 合約構成本公司之須予披露交易，因此須遵守上市規則第14章項下之通知 及公告規定。 – 1 – 緒言 董事會欣然宣佈，於二零二六年一月六日，京馨（本公司之非全資附屬公司， 作為發包方）與聯合體單位（作為承包方）訂立EPC合約。根據EPC合約，聯合體 單位將向京馨提供EPC服務，以建設EPC項目。EPC合約項下的合約價格約為 人民幣263百萬元（含稅）。 EPC合約 EPC合約之主要條款載列如下： | | | 78兆瓦漁光互補項目的工程、採購及建設合約 EPC合約 於二零二六年一月六日，京馨（本公司之非全資附屬公司，作為發包方）與聯 合體單位（作為承包方）訂立EPC合約。根據EPC合約，聯合體單位將向京馨 提供EPC服務，以建設EPC項目。EPC合約項下的合約價格約為人民幣 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京能源國際控股有限公司 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00686 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,198,864,443 | | 34,500,000 | | 2,233,364,443 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 2,198,864,443 | | 34,500,000 | | 2,233,364,443 | 第 2 頁 共 10 頁 v 1.1.1 呈交日期: 2026年1月 ...

Financial Data - China Merchants Bank (03968.HK) reported a net profit of 97.342 billion yuan, an increase of 4.82% year-on-year [1] - Fast Retailing (06288.HK) saw a 0.7% decline in first-quarter net profit to 70.3 billion yen, with trading resuming tomorrow [1] - Highgate Group (08412.HK) narrowed its mid-term loss by 62.47% to 4.094 million Hong Kong dollars [1] - Dongjun Holdings (08383.HK) reported a first-quarter net profit of 3.92 million ringgit, a year-on-year increase of 113% [1] - Qian Sheng Group Holdings (08475.HK) narrowed its first-quarter loss by 55.37% to 216,000 Singapore dollars [1] Earnings Forecast - Jia Hong Logistics (02130.HK) expects a significant increase in annual net profit attributable to shareholders [1] - Zhongdi Dairy (01492.HK) anticipates a substantial increase in net profit for the ten months ending in October [1] - Guonong Financial Investment (08120.HK) expects a significant reduction in annual losses [1] - PIK Far East (00752.HK) forecasts a decrease of over 80% in annual profit attributable to shareholders [1] - Weiyali (00854.HK) expects to turn a profit of 59.3 million Hong Kong dollars in the first three quarters [1] - Jiuxing Holdings (01836.HK) anticipates annual net profit between 0 and 5 million US dollars [1] Operational Data - Ping An Insurance (02318.HK) reported original premium income of 797.34 billion yuan for 2020 [1] - Zhong An Online (06060.HK) achieved original premium income of 16.703 billion yuan in 2020, a year-on-year increase of 14.13% [1] - Luk Fook Holdings (00590.HK) reported a same-store sales decline of 29% in the third quarter [1] - Chalco International (02068.HK) signed new contracts worth 15.965 billion yuan in the fourth quarter, a year-on-year increase of 12.61% [1] - Yongjia Group (03322.HK) reported an 11% decrease in same-store sales for its high-end fashion retail business in the fourth quarter [1] - Delta Electronics Holdings (00179.HK) reported revenue of 2.242 billion US dollars for the first three fiscal quarters, a year-on-year decline of 4% [1] - Beijing Energy International (00686.HK) achieved a total power generation of 2.7567 million megawatt-hours in 2020 [1] - TRUE PARTNER (08657.HK) reported an asset management scale of approximately 1.59 billion US dollars by the end of December [1] Shareholding Changes - Minsheng Education (01569.HK) saw its chairman and controlling shareholder Li Xuechun increase his stake by 1.95 million shares [2] Mergers and Acquisitions - Non-Fan China (08032.HK) announced that LionRock intends to acquire a majority stake in Clark for £51 million [3] - Tan Carpenter (00837.HK) plans to acquire the remaining 9.09% stake in Jiangsu Tan Carpenter for 15.873 million yuan [3] - Guan Hua International Holdings (00539.HK) subsidiary sold a Hong Kong office property for 33 million Hong Kong dollars [3] Capital Restructuring - China Dredging Environmental Protection (00871.HK) plans a "2-for-1" share consolidation and will place 508 million shares to Chairman Liu Kaijin [2] Share Buybacks - Shisi Pharmaceutical Group (02005.HK) repurchased 2.71 million shares for 11.365 million Hong Kong dollars on January 14 [3] - Hengdeli (03389.HK) repurchased 16.7 million shares for 4.9681 million Hong Kong dollars on January 14 [3] - China Star Group (00326.HK) repurchased 555,000 shares for 0.8325 million Hong Kong dollars on January 14 [3]

Core Viewpoint - Beijing Energy International (00686) has signed a PC contract with China State Construction Engineering Corporation (CSCEC) for a photovoltaic power generation project, aligning with the company's strategy to expand its clean and renewable energy business [1][2] Group 1: Contract Details - The PC contract, valued at approximately RMB 136 million (including tax), involves CSCEC providing PC services for the construction of a 60 MW photovoltaic project located in Miyun County, Beijing [1] - The services under the PC contract include equipment procurement, construction, installation, testing, trial operation, final delivery, and external transmission line engineering, along with handling all regulatory approvals and compliance procedures [1] Group 2: Strategic Implications - The signing of the PC contract supports the company's strategy to expand its portfolio of photovoltaic projects, optimize asset structure, and enhance operational flexibility [1] - This initiative is expected to contribute to the company's sustainable development and create long-term returns for shareholders, in line with national policies promoting renewable and clean energy [1]

Core Viewpoint - Beijing Energy International (00686.HK) has announced a PC contract with China State Construction Engineering Corporation Second Bureau for a project valued at approximately RMB 136 million (including tax) [1] Group 1 - The contract was signed on December 24, 2025, between Beijing Jingyun (a wholly-owned subsidiary of the company) and China State Construction Engineering Corporation Second Bureau [1] - The contract involves the provision of PC services for the construction of a PC project [1]

Group 1 - The company Beijing Energy International (00686) has signed a PC contract with China State Construction Engineering Corporation (CSCEC) for a photovoltaic power generation project in Beijing, with a contract price of approximately RMB 136 million (including tax) [1] - The project will have a total planned capacity of 60 megawatts and includes services such as equipment procurement, construction, installation, testing, trial operation, and final delivery, as well as external transmission line engineering and related coordination [1] - CSCEC will be responsible for the construction and completion of the project, including repairing any faults or defects within a one-year warranty period [1] Group 2 - The company is expanding its clean and renewable energy business and optimizing its business structure, aligning with national policies promoting renewable energy development [2] - The signing of the PC contract is expected to support the company's ongoing expansion of photovoltaic projects, optimize asset structure, and enhance operational flexibility, contributing to sustainable development and long-term shareholder returns [2] - The board has reviewed the terms and conditions of the PC contract and considers them fair and reasonable, affirming that the transaction is conducted on general commercial terms and aligns with the overall interests of the company and its shareholders [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 686 須予披露交易 有關位於中國北京市 60兆瓦光伏發電項目的採購及建設合約 PC合約 於二零二五年十二月二十四日，北京京雲（本公司之全資附屬公司，作為發包 方）與中建二局（作為承包方）訂立PC合約。根據PC合約，中建二局將向北京京 雲提供PC服務，以建設PC項目。PC合約項下的合約價格約為人民幣136百萬元 （含稅）。 上市規則之涵義 由於有關訂立PC合約之最高適用百分比率超過5%但低於25%，故訂立PC合約 構成本公司之須予披露交易，因此須遵守上市規則第14章項下之通知及公告規 定。 –1– 緒言 董事會欣然宣佈，於二零二五年十二月二十四日，北京京雲（本公司之全資附屬公 司，作為發包方）與中建二局（作為承包方）訂立PC合約。根據PC合約，中建二局 將向北京京雲提供PC服務，以建設PC項目。PC合約項下的合約價格約為人民幣 136百萬元（含稅）。 PC合約 PC合約之主要條款載列如下： (ii) 中 ...

Group 1 - Beijing Energy International (00686.HK) announced the acquisition of 70% equity in Yangzhou Tairun New Energy Power for a cash consideration of 371 million RMB, to be paid using internal resources [2][6] - The target company operates the Jiangsu Province fish-solar complementary power generation project, with a total installed capacity of 460 megawatts [2][7] - The target company was established in China and is a wholly-owned subsidiary of the seller, which is primarily engaged in the development, investment, operation, and management of power generation and other clean energy projects [7][8] Group 2 - As of May 31, 2025, the net assets of the target company are approximately 529.8 million RMB [9] - The target company reported a pre-tax loss of 0.35 million RMB for the year ending December 31, 2023 [9]