霍尼韦尔UOP是拥有超百年历史的全球能源化工技术领军企业与世界500强成员，在可持续航空燃料(SAF)领域，其深耕十 余年开发的甲醇制航煤(MTJ)等核心技术，可将可再生甲醇高效转化为合规航空燃料SAF，碳减排率超80%，目前其SAF技 术已在全球多地商业化落地，累计生产超10亿加仑可持续航空燃料，占据全球35%的SAF市场份额，成为推动SAF产业发展 的重要力量。 根据战略合作协议，双方将充分利用各自核心优势，建立绿电、绿氢到绿色燃料的完整产业链，助力中国可持续航空燃料 产业高质量发展。作为发展绿色能源战略布局的延伸，中环新能源计划采用霍尼韦尔UOP的MTJ技术，将现有绿色氢氨醇 项目向SAF生产领域拓展;作为全球领先的SAF技术供应商，霍尼韦尔UOP及其关联公司将充分发挥其技术与市场优势，为 中环新能源提供全面的技术支持、工程设计及设备配置服务。双方计划在合肥市周边区域落地首个合作项目，预计于2027 年前正式启动项目建设，加速推动可持续航空燃料产业落地进程。 图丨展会签约现场 中环新能源为一家在香港联合证券交易所主板上市的综合性集团公司。集团创新"绿色"主线，锚定"光伏新能源"，深耕高 端制造业，以成为 ...

目标集团的主要资产为该等物业。该等物业包括位于中国浙江省新田铺田园康养中心的一间酒店、一幢 平房及公寓。该等物业的总建筑面积约为24100平方米。酒店及平房分类为投资物业，而公寓则分类为 可出售物业。 公告称，为配合集团的策略，并考虑到(i)由于市场产能过剩、监管环境不明朗及地缘政治局势紧张，建 筑行业一直面临不利因素;(ii)近年来，目标集团所持投资物业的公平值持续减少，由2023年12月31日约 2.22亿港元减少至出售事项日期约2.06亿港元且预期将因上述因素而进一步减少;及(iii)公司可确认出售 事项收益，董事会认为出售事项为变现目标集团及该等物业的价值、减少集团对目标集团的进一步财务 承担以及重新配置集团的资源及专注于新能源及EPC业务的良机，新能源及EPC业务乃董事会认定的未 来发展方向。 智通财经APP讯，中环新能源(01735)发布公告，于2024年11月30日，公司与买方Charming Brand Development Limited订立出售协议，据此，公司同意出售而买方同意购买销售股份(即目标公司全部已 发行股本)，代价为1.15亿港元。 目标公司Central Property G ...

一个是成绩亮眼的光伏新锐，一个是纵横商界的资本巨鳄，中环新能源高效N型TOPCon光伏电池产 品、光伏电站建设、零碳产业运营及综合能源服务等领域具有显著优势，而融捷集团在储能、电芯的生 产制造等方面掌握先进技术。此次合作，互补性强、潜力巨大。通过形成产业投资联合体，聚焦氢能开 发、零碳产业园、光储充一体化等领域，或实现资源整合与协同创新，有望产生1+1>2的效应。 在智通财经看来，双方合作所产生的协同效应及边际效用可能还不止于此。30年前，吕向阳战略入股比 亚迪，此后见证了中国新能源汽车"一哥"崛起的全过程；30年后的今天，恰值中国新能源产业从粗放扩 张向精细化发展转变的关键窗口，融捷集团与中环新能源强强联合，将产生何种化学反应，值得投资者 们长期跟踪。 5月7日，中环新能源全资子公司中环低碳新能源(安徽)集团有限公司与融捷投资控股集团旗下广州融捷 能源科技有限公司签署战略合作协议。面对光伏行业技术迭代加速与激烈竞争，中环新能源(01735)以 敏锐战略眼光与果断行动，打造独特发展路径。为自身发展注入新动能，也引发行业对光伏产业未来的 深度思考。 融捷集团及其创始人吕向阳堪称商业传奇。1995年，吕向阳出资2 ...

中环新能源公告，公司间接全资附属公司中环低碳新能源(安徽)集团有限公司与广州融捷能源科技有限 公司于2025年5月7日订立战略合作框架协议。根据协议，双方将共同推进碳峰值行动，促进资源高效利 用及绿色低碳发展。中环低碳将发挥在高效能N型Top Con光伏电池产品、光伏电站建设等方面的优 势，广州融捷将发挥在储能及电芯生产制造方面的先进技术，共同发展新能源及绿色能源产业。双方将 共同推进国内新能源产业项目投资，建构"源、网、荷、储"零碳产业园区，并在海外市场销售及产业投 资方面进行深入合作。 ...

目 錄 | 公 | 司 | 資 | 料 | | | | | | | | 2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 主 | 席 | 報 | 告 | | | | | | | | 3 | | 管 | 理 | 層 | 討 | 論 | 及 | 分 | 析 | | | | 6 | | 董 | 事 | 及 | 高 | 級 | 管 | 理 | 層 | 的 | 履 | 歷 | 12 | | 董 | 事 | 會 | 報 | 告 | | | | | | | 16 | | 企 | 業 | 管 | 治 | 報 | 告 | | | | | | 30 | | 獨 | 立 | 核 | 數 | 師 | 報 | 告 | | | | | 43 | | 綜 | 合 | 損 | 益 | 及 | 其 | 他 | 全 | 面 | 收 | 益 | 表 47 | | 綜 | 合 | 財 | 務 | 狀 | 況 | 表 | | | | | 48 | | 綜 | 合 | 權 | 益 | 變 | 動 | 表 | | | | | 50 | | 綜 | ...

公告称，收益增加主要由于受报告年度N型电池及光伏组件销量强劲增长所推动，新能源及EPC分部的 收益净增加，约为41.275亿港元(上一报告年度约21.2亿港元)。 凭借技术创新与战略聚焦，中环新能源吸引了全球资管巨头贝莱德(BlackRock)的青睐。最新披露财报 显示，贝莱德ETF基金以0.46%的持股比例成为其重要机构投资者。 贝莱德是全球最大的资产管理公司之一，资产管理规模约11.5万亿美金，其投资决策往往被视为聪明资 金的风向标。其持续增持行为向市场传递对中国经济增长潜力的信心，尤其在新能源、消费等领域。 资本市场的价值认同，贝莱德持仓背后的投资逻辑引发关注。 国际资管巨头，为何看好中环新能源这家中国新能源企业? 智通财经APP获悉，在新能源产业加速转型的背景下，中环新能源控股集团(01735)交出了一份亮眼的成 绩单。日前，中环新能源公布2024年业绩，收益约为60.32亿港元，同比增长49.74%。公司拥有人应占 溢利约为1.06亿港元，同比增长60.42%。 产能和技术领先 光伏业务进入发力阶段 贝莱德为何看好这家中国新能源企业? 公开资料显示，贝莱德近年来持续加码中国新能源产业链，其重仓的比亚 ...

Financial Performance - The group's revenue for the reporting year was approximately HKD 6,032.0 million, an increase of 49.7% compared to HKD 4,028.3 million in the previous year[2]. - The profit attributable to equity holders was approximately HKD 106.4 million, up 60.5% from HKD 66.3 million in the previous year[2]. - Basic and diluted earnings per share were approximately HKD 2.52, compared to HKD 1.57 in the previous year, reflecting a 60.5% increase[2]. - The EBITDA for the reporting year was approximately HKD 239.9 million, a significant increase from HKD 125.4 million in the previous year, representing an increase of 91.2%[2]. - The total comprehensive income for the year was approximately HKD 71.3 million, compared to HKD 54.1 million in the previous year, an increase of 31.9%[5]. - The company reported a total profit before tax of HKD 56,283,000 for the year ended December 31, 2024, compared to HKD 82,853,000 for the previous year[19][21]. - The company's profit before tax for the year 2024 was HKD 106,393,000, compared to HKD 66,323,000 in 2023, representing a growth of approximately 60.5%[24]. Dividends and Shareholder Returns - The board of directors did not recommend the payment of a final dividend for the reporting year, compared to no dividend in the previous year[2]. - The company does not intend to declare any dividends for the year ending December 31, 2024, consistent with the previous year[26]. - The company has not identified any significant impact from the newly adopted accounting standards on its financial statements for the current and prior years[13]. Revenue Segmentation - Revenue from the New Energy and EPC segment was HKD 4,127,452 thousand, compared to HKD 2,119,585 thousand in the previous year, indicating a growth of about 94.5%[16]. - The Green Building and Construction segment generated revenue of HKD 908,398 thousand, down from HKD 1,349,387 thousand, reflecting a decline of approximately 32.6%[16]. - The Smart Energy Management Services segment saw revenue increase to HKD 65,863 thousand from HKD 16,055 thousand, marking a significant growth of about 310.5%[16]. - The Health and Medical segment reported revenue of HKD 925,256 thousand, up from HKD 409,875 thousand, which is an increase of approximately 126.5%[16]. - Total revenue from confirmed sales was HKD 5,575,515,000 in 2024, compared to HKD 3,616,051,000 in 2023, marking an increase of 54.2%[24]. Assets and Liabilities - Total assets increased to HKD 4,476,615,000 in 2024 from HKD 3,496,284,000 in 2023, representing a growth of approximately 28%[6]. - Total liabilities rose to HKD 2,936,941,000 in 2024 compared to HKD 2,185,049,000 in 2023, marking an increase of about 34%[7]. - The company's equity increased to HKD 1,539,674,000 in 2024 from HKD 1,311,235,000 in 2023, reflecting a growth of approximately 17%[7]. - Cash and cash equivalents reached HKD 265,887,000 in 2024, up from HKD 137,372,000 in 2023, indicating a significant increase of about 93%[6]. - Trade and other receivables amounted to HKD 1,743,307,000 in 2024, compared to HKD 1,229,460,000 in 2023, representing an increase of approximately 42%[6]. Strategic Focus and Future Plans - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[3]. - The company is focusing on new product development in the health and medical sectors, aiming to enhance its service offerings in the coming years[9]. - The company anticipates continued growth in revenue driven by new product launches and market expansion strategies[16]. - The company plans to explore potential mergers and acquisitions to strengthen its market position and expand its service offerings[16]. - The company aims to establish new energy solutions as a core growth driver while maintaining commitments to existing green building projects[32]. Operational Efficiency - The company reported a net profit margin of approximately 1.8%, up from 1.6% in the previous year, showing improved efficiency[4]. - The gross profit margin improved to approximately 2.9% from 3.2% in the previous year, indicating a slight decrease in profitability[4]. - The company recorded a significant increase in other income and gains, amounting to approximately HKD 182.7 million, compared to HKD 18.8 million in the previous year[4]. - The company reported a decrease in the provision for impairment losses on trade receivables, with a provision of HKD 2,292,000 in 2024 compared to HKD 11,392,000 in 2023, a reduction of approximately 80%[27]. Employee and Governance - The group has 1,118 employees as of December 31, 2024, down from 1,469 in the previous reporting year[56]. - The company has complied with all applicable corporate governance codes, except for a deviation regarding the roles of the Chairman and CEO being held by the same individual[63]. - The audit committee, consisting of three directors, has reviewed and approved the consolidated financial statements for the reporting year, ensuring compliance with applicable accounting standards and regulations[69].

Revenue Performance - The revenue from the New Energy and EPC segment was approximately HKD 1,681.4 million, representing a 149.9% increase compared to HKD 672.1 million in the previous period, accounting for 66.4% of total revenue[9] - The revenue from the Green Building and Construction segment was approximately HKD 409.2 million, a decrease of 43% from HKD 716.8 million in the previous period, contributing 16.2% to total revenue[10] - The Smart Energy Management Services segment saw revenue increase to approximately HKD 36.5 million from HKD 1.1 million in the previous period, indicating significant growth[11] - The Health and Medical segment generated approximately HKD 399.7 million in revenue, up from HKD 263.9 million, maintaining a stable contribution of 15.8% to total revenue[12] - The Catering Supply Chain segment's revenue decreased to approximately HKD 5.1 million from HKD 6.2 million, reflecting a strategic resource allocation towards the New Energy and EPC segment[14] - The group's total revenue for the reporting period was approximately HKD 2,531.9 million, an increase of about 52.5% compared to approximately HKD 1,660.1 million in the previous period[22] - Revenue for the six months ended June 30, 2024, was HKD 2,531,889,000, a 52.2% increase from HKD 1,660,071,000 in the same period of 2023[55] - The revenue from the New Energy and EPC segment reached HKD 1,681,392,000, up from HKD 672,124,000 in the previous year, indicating a growth of about 149.9%[90] - The company reported a significant increase in external customer revenue from China, which rose to HKD 2,436,881,000 in 2024 from HKD 1,578,797,000 in 2023, a growth of 54.4%[104] Profitability and Financial Performance - Gross profit for the reporting period was approximately HKD 43.2 million, a decrease of about 35.1% from approximately HKD 66.6 million in the previous period, with a gross margin dropping from about 4% to approximately 1.7%[26] - The group recorded a net profit of approximately HKD 60.1 million for the reporting period, compared to approximately HKD 24.1 million in the previous period, driven by the full capacity production of the 6GW N-type photovoltaic cell project[31] - Net profit for the period was HKD 60,057,000, representing a 149.9% increase compared to HKD 24,119,000 in the previous year[58] - The company's net profit attributable to owners for the six months ended June 30, 2024, was HKD 40,619,000, compared to HKD 16,077,000 in the previous year, marking an increase of 152.5%[111] - The total profit before tax for the company was HKD 75,128,000 for the six months ended June 30, 2024[95] Cash Flow and Liquidity - As of June 30, 2024, the group had cash and bank balances of approximately HKD 339.9 million, up from approximately HKD 137.4 million as of December 31, 2023[32] - The company reported a net cash inflow from operating activities of HKD 521,499,000 for the six months ended June 30, 2024, compared to a cash outflow of HKD 609,575,000 in the same period last year[70] - The company's cash and cash equivalents increased to HKD 972,681,000 at the end of June 2024, up from HKD 382,152,000 at the same time last year[70] - The total comprehensive income for the period was HKD 350,412,000, with a profit attributable to owners of the company of HKD 16,077,000[68] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 4,358,091,000, an increase from HKD 3,496,284,000 at the end of 2023[60] - Total liabilities reached HKD 3,031,698,000, compared to HKD 2,185,049,000 in the previous year[65] - Current liabilities increased to HKD 2,692,749,000, up from HKD 1,888,329,000 at the end of 2023[65] - The capital debt ratio increased to approximately 126.27% as of June 30, 2024, compared to approximately 85.66% as of December 31, 2023[33] - The total borrowings as of June 30, 2024, reached HKD 1,673,285,000, up from HKD 1,121,305,000, indicating a 49.2% growth[127] Operational Developments - The company plans to complete the construction of a 6GW battery project in Fengtai County by Q4 2024, enhancing its green energy capabilities[15] - The company has established several framework agreements for project development, investment, construction, operation, and maintenance in the new energy sector, aiming to leverage its experience[15] - The company is focused on sustainable income and balanced growth through existing opportunities in the New Energy and EPC sectors[18] - The company aims to integrate its construction and real estate operations with photovoltaic power generation systems and energy storage technologies to promote green development[20] - The company is committed to responding to national policies on carbon neutrality and aims to achieve low-carbon and environmentally friendly goals through scientific management and technological improvements[5] Employee and Shareholder Information - The group had 1,165 employees as of June 30, 2024, down from 1,249 employees in the previous year[39] - The company’s major shareholder, Yu Zhuyun, holds 68.43% of the equity, indicating significant ownership concentration[141] - As of June 30, 2024, Central Culture holds 2,890,378,320 shares, representing approximately 68.43% of the company's equity[148] Dividends and Share Options - The board did not recommend the payment of an interim dividend for the reporting period[51] - The company has a total of 422,400,000 shares available for issuance under the share option scheme, equivalent to 10% of the total issued share capital[150] - No share options have been granted, exercised, cancelled, or lapsed since the share option scheme became effective[150] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period, and holds no treasury shares as of June 30, 2024[151] Compliance and Governance - The interim financial performance of the group has been reviewed and approved by the audit committee, ensuring compliance with applicable accounting standards and regulations[161] - The board confirms that the company has maintained sufficient public float as required by the listing rules during the reporting period[156]

Financial Performance - The company's revenue for the six months ended June 30, 2024, was approximately HKD 2,531.9 million, compared to HKD 1,660.1 million for the same period last year, representing a year-on-year increase of 52.3%[2] - The profit attributable to owners of the company for the reporting period was approximately HKD 40.6 million, up from HKD 16.1 million in the previous period, marking an increase of 152.2%[2] - Basic and diluted earnings per share for the reporting period were approximately HKD 0.96, compared to HKD 0.38 for the same period last year, reflecting a growth of 152.6%[5] - The company reported a net profit of HKD 60.1 million for the period, compared to HKD 24.1 million in the previous period, which is an increase of 149.8%[5] - The group recorded total revenue of approximately HKD 2,531.9 million, an increase of about 52.5% compared to HKD 1,660.1 million in the previous period[39] Segment Performance - The new energy and EPC segment generated revenue of HKD 1,681,392,000, up from HKD 672,124,000, indicating a growth of about 149.5% year-over-year[13] - The health and medical segment saw revenue rise to HKD 399,657,000 from HKD 263,873,000, reflecting a growth of approximately 51.5%[13] - The smart energy management services segment reported revenue of HKD 36,548,000, a significant increase from HKD 1,117,000, showing a growth of approximately 3165.5%[13] - The green building and related business segment's revenue decreased to HKD 404,152,000 from HKD 711,465,000, indicating a decline of about 43.1%[13] - The segment profit for the New Energy and EPC division was HKD 74,773,000, while the Green Building and Related Business segment reported a loss of HKD 2,029,000 for the same period[17] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 4,381.1 million, an increase from HKD 3,496.3 million as of December 31, 2023, representing a growth of 25.3%[6] - The company’s total liabilities as of June 30, 2024, were HKD 3,054.7 million, compared to HKD 2,185.0 million as of December 31, 2023, indicating an increase of 39.8%[6] - The total assets minus current liabilities stood at HKD 1,665,342,000, slightly up from HKD 1,607,955,000, indicating a growth of about 3.6%[7] - The company’s total equity and liabilities amounted to HKD 4,381,126,000, compared to HKD 3,496,284,000, reflecting an increase of approximately 25.3%[7] - The company’s total borrowings increased to HKD 1,340,913,000 from HKD 833,149,000, representing an increase of approximately 60.7%[7] Cash Flow and Dividends - The company’s cash and bank balances increased to HKD 339.9 million from HKD 137.4 million, showing a significant rise of 147.5%[6] - The company does not recommend the payment of an interim dividend for the reporting period, consistent with the previous period where no dividend was declared[2] - The group did not recommend the payment of an interim dividend for the reporting period, compared to none in the previous period[54] Government Grants and Other Income - The company recognized government grants totaling HKD 109,760,000 during the reporting period, compared to HKD 45,000 in the previous period, marking a substantial increase[14] - Other income and net gains increased to approximately HKD 144.4 million from approximately HKD 7.1 million in the previous period, primarily due to gains from the sale of subsidiaries, government subsidies, and increased bank interest income[42] Expenses and Costs - Administrative and other operating expenses rose to approximately HKD 88.5 million, an increase of about 147.2% from approximately HKD 35.8 million in the previous period, attributed to higher development costs associated with the 6GW photovoltaic N-type cell production line[43] - The total employee cost for the reporting period was approximately HKD 50.7 million, down from approximately HKD 56.0 million in the previous period, with the group employing 1,165 staff as of June 30, 2024[50] Corporate Governance - The company has complied with all applicable corporate governance code provisions during the reporting period, with a noted exception regarding the dual role of the chairman and CEO[56] - The board of directors includes two executive directors, two non-executive directors, and three independent non-executive directors, ensuring a balanced governance structure[56] - The interim financial results for the reporting period have been reviewed and approved by the audit committee, confirming adherence to applicable accounting standards[63] Future Plans and Strategies - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[2] - The group plans to continue seeking new green energy opportunities and develop high-efficiency N-type batteries, with a 6GW battery project in Fengtai County expected to be completed in Q4 2024[36] - The group aims to leverage its experience in new energy project development and operation through several framework agreements for collaboration in the new energy sector[36] - The group is committed to sustainable income and balanced growth by utilizing existing opportunities in the New Energy and EPC businesses[36] Risk Management - The group has actively taken measures to manage foreign exchange risks, as all operational transactions and revenues are settled in HKD and RMB[48]

Central New Energy Holding Group Limited 中 環 新 能 源 控 股 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號：1735 2023 #報 目錄 公司資料2 | --- | --- | --- | |-------------------------------------|---------|-------| | | | | | 主 席 報 告 | 4 | | | 管 理 層 討 論 及 分 析 | 5 | | | 董 事 及 高 級 管 理 層 的 履 歷 | 12 | | | 董 事 會 報 告 | 16 | | | 企 業 管 治 報 告 | 30 | | | 環 境 、 社 會 及 管 治 報 告 | 43 | | | 獨 立 核 數 師 報 告 | 67 | | | 綜 合 損 益 及 其 他 全 面 收 益 表 | 72 | | | 綜 合 財 務 狀 況 表 | 73 | | | 綜 合 權 益 變 動 表 | 75 | | | 綜 合 現 金 流 量 表 | 76 | | | | | | | 綜 合 財 務 報 表 附 註 | ...