Group 1: Policy Impact - The National Development and Reform Commission and the National Energy Administration have established a new independent capacity pricing mechanism for energy storage at the national level, aimed at enhancing the power system's regulation capability [1] - The policy provides capacity fee compensation for qualifying new energy storage plants based on local coal power capacity pricing, creating a clearer profit model for the industry [1] Group 2: Financial Performance - The company expects a pre-tax profit of 700 million to 710 million yuan for the fiscal year 2025, representing an increase from 655 million yuan in 2024 [2] - The improvement in performance is attributed to optimized gross profit margins in engineering operations and reduced financial expenses, indicating ongoing operational efficiency enhancements [2] Group 3: Stock Performance - The company's stock has shown active performance, with a closing price of 1.27 HKD as of February 11, 2026, reflecting an 18.69% increase over the past five trading days [3] - Technical indicators suggest strong short-term momentum, with the MACD histogram turning positive and the stock price breaking through the upper Bollinger Band [3] Group 4: Institutional Insights - Huafu Securities highlighted the company's strong operational asset quality, with desulfurization and denitrification installed capacity reaching 47.61 GW and 40.60 GW, respectively [4] - The company is actively investing in CCUS technology research and has developed a significant piece of equipment recognized in the energy sector, showcasing its technological strength [4]

Company News - Beijing Capital International Airport Co., Ltd. (00694.HK) expects a net loss of approximately RMB 6.0 billion to RMB 7.6 billion in 2025, a year-on-year reduction of about 45.3% to 56.8%, benefiting from the recovery in aviation market demand and enhanced cost control [1] - Times Electric (03898.HK) anticipates total operating revenue of approximately RMB 28.761 billion in 2025, a year-on-year increase of 15.46%, with a net profit of about RMB 4.105 billion, up 10.88% year-on-year [1] - Hong Kong Tong Holdings (00032.HK) issued a profit warning, expecting a year-on-year increase in profit attributable to shareholders to approximately HKD 660 million for the fiscal year 2025 [1] - Datang Environment Industry Group (01272.HK) issued a profit warning, expecting pre-tax profit to rise to approximately RMB 700 million to RMB 710 million in 2025 [1] Power Generation - Datang New Energy (01798.HK) completed power generation of 3.272 million MWh in January, a year-on-year increase of 6.69% [2] - Longyuan Power (00916.HK) achieved power generation of 7.1627 million MWh in January, a year-on-year growth of 12.05%, with wind power generation increasing by 8.11% and solar power generation rising by 42.25% [2] - Jiangshan Holdings (00295.HK) reported total power generation of approximately 18.3 thousand MWh in January, a year-on-year decrease of 22.13% [4] Real Estate - Yuexiu Property (00123.HK) reported contract sales of approximately RMB 4.201 billion in January, a year-on-year decline of about 36.4% [2] - Poly Real Estate (01238.HK) recorded total contract sales of approximately RMB 470 million in January, a year-on-year decrease of 31.98% [2] - Greenland Hong Kong (00337.HK) reported contract sales of approximately RMB 508 million in January, a year-on-year increase of about 287.79% [3] Other Developments - CloudTop New Drug (01952) received approval for the new drug application of Vedolizumab for treating moderate to severe ulcerative colitis in adults in China [4] - Zhonghang Science and Technology (02357.HK) plans to invest RMB 58 million to acquire a 10% stake in Zhonghang Jierui [4] - Kelun-Biotech (06990.HK) received approval for the fourth indication of its core product TROP2ADC for treating 2L+ HR+/HER2- breast cancer [4] Financing and Buyback Activities - Kingsoft Corporation (03888.HK) repurchased approximately 1.1142 million shares for about HKD 29.9994 million, with repurchase prices ranging from HKD 26.8 to HKD 27 [7] - Geely Automobile (00175.HK) repurchased approximately 1.665 million shares for about HKD 27.1612 million, with repurchase prices between HKD 15.94 and HKD 16.44 [7] - October Rice Field (09676.HK) repurchased 780,000 shares for approximately HKD 7.3357 million, with repurchase prices between HKD 9.3 and HKD 9.46 [7] - China Galaxy (06881.HK) completed the issuance of corporate bonds totaling RMB 6 billion [7]

Core Viewpoint - 大唐环境 (01272.HK) expects a pre-tax profit of approximately RMB 700 million to RMB 710 million for the year ending December 31, 2025, representing an increase from the pre-tax profit of approximately RMB 655 million for the year ending December 31, 2024 [1] Group 1: Profit Forecast - The estimated pre-tax profit growth is primarily attributed to the continuous improvement in quality and efficiency, leading to an increase in the gross profit margin of engineering operations [1] - The company is accelerating the collection of accounts receivable, benefiting from the domestic loose monetary policy environment, which has resulted in a reduction in bank borrowing balances and interest rates, thereby lowering financial expenses [1]

Core Viewpoint - Datang Environment (01272) expects to achieve a profit before tax of approximately RMB 700 million to RMB 710 million in 2025, compared to a profit before tax of approximately RMB 655 million in 2024 [1] Group 1 - The estimated growth in profit before tax is primarily attributed to the continuous improvement in quality and efficiency, leading to an increase in the gross profit margin of engineering operations [1] - The company is accelerating the collection of accounts receivable, benefiting from the domestic loose monetary policy environment [1] - The balance of bank borrowings and interest rates are continuously decreasing, resulting in lower financial expenses [1]

Core Viewpoint - The company expects to achieve a pre-tax profit of approximately RMB 700 million to RMB 710 million by 2025, an increase from the estimated pre-tax profit of approximately RMB 655 million for 2024 [1] Group 1: Profit Forecast - The projected pre-tax profit growth is primarily attributed to the continuous improvement in quality and efficiency, leading to an increase in the gross profit margin of engineering operations [1] - The company is accelerating the collection of accounts receivable, benefiting from the domestic loose monetary policy environment [1] Group 2: Financial Management - The company has successfully reduced bank loan balances and interest rates, resulting in lower financial expenses [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。 Datang Environment Industry Group Co., Ltd.* 大唐環境產業集團股份有限公司 （在中華人民共和國註冊成立的股份有限公司） （股份代號：1272） – 1 – 本公司仍在落實本集團截至2025年12月31日 止 年 度 之 綜 合 年 度 業 績。本 公告所載資料僅為董事會根據本集團截至2025年12月31日止年度最新 未 經 審 計 綜 合 管 理 賬 目 作 出 之 初 步 評 估，並 未 經 本 公 司 核 數 師 或 審 計 委 員 會 審 計 或 審 閱，且 或 會 作 出 調 整。本 集 團 的 詳 細 經 審 計 財 務 資 料 將 於本公司根據上市規則適時刊發之截至2025年12月31日止年度之年度 業 績 公 告 中 披 露。 本 公 司 股 東 及 潛 在 投 資 者 於 買 ...

Group 1 - The State Intellectual Property Office of China has granted a patent to Datang Environment Industry Group Co., Ltd. for a system and method related to desulfurization wastewater pressure evaporation and scale prevention [1] - The patent is titled "A Pressure Evaporation System for Desulfurization Wastewater and a Method for Preventing Crystallization" with the authorization announcement number CN118851309B [1] - The application date for the patent was August 2024 [1]

FF301 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: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 本月底法定/註冊股本總額： RMB 2,967,542,000 公司名稱: 大唐環境產業集團股份有限公司（在中華人民共和國註冊成立的股份有限公司） 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01272 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 624,296,200 | RMB | | 1 | RMB | | 624,296,200 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 6 ...

FF301 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: 大唐環境產業集團股份有限公司（在中華人民共和國註冊成立的股份有限公司） 呈交日期: 2026年1月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01272 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 624,296,200 | RMB | | 1 RMB | | 624,296,200 | | 增加 / 減少 (-) | | | | 0 | | RMB | | 0 | | 本月底結存 | | | 624,296,200 | RMB | | 1 RMB | | 624,296,200 | | ...

Datang Environment Industry Group Co., Ltd.* 大 唐 環 境 產 業 集 團 股 份 有 限 公 司 （ 在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股 份 代 號：1272） 章程 經公司二零一五年第四次臨時股東大會審議通過、 二零二一年第一次臨時股東大會、二零二二年股東週年大會、 二零二三年股東週年大會、二零二四年第一次內資股類別股東大會、 二零二四年第一次H股類別股東大會、二零二四年股東週年大會及 二零二五年臨時股東會審議修訂 * 僅供識別。 | 章節 | 標題 | 頁碼 | | --- | --- | --- | | 第一章 | 總則 | 1 | | 第二章 | 經營宗旨和範圍 | 4 | | 第三章 | 股份、股份轉讓和註冊資本 | 5 | | 第四章 | 減資和購回股份 | 8 | | 第五章 | 股東和股東會 | 10 | | 第六章 | 股東的權利和義務 | 13 | | 第七章 | 股東會 | 19 | | 第八章 | 董事會 | 31 | | 第九章 | 公司董事會秘書 | 43 | | 第十章 | 黨委 | ...