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，概不對因本公告全部或任何部分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。 CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00956） 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司關於更換持續督導保薦代表 人的公告》，僅供參閱。 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2025年11月13日 於本公告日期，本公司非執行董事為曹欣博士、李連平博士、秦剛先生、張旭蕾博士、盧榮先生及 趙士毅先生；本公司執行董事為譚建鑫先生；以及本公司獨立非執行董事為周文港博士、楊晶磊博 士、陳奕斌先生及劉斌先生。 * 僅供識別 证券代码：600956 证券简称：新天绿能 公告编号： ...

Group 1 - The core point of the article is that Great Wall Life Insurance Co., Ltd. has increased its stake in Xin Tian Green Energy (00956.HK) by purchasing 7.737 million shares at an average price of HKD 4.7229 per share, resulting in a total investment of approximately HKD 36.5411 million [1] - Following this transaction, Great Wall Life's total shareholding in Xin Tian Green Energy has risen to 226,987,000 shares, increasing its ownership percentage from 11.92% to 12.34% [1]

Group 1 - The core point of the article is that Great Wall Life Insurance Co., Ltd. has increased its stake in Xintian Green Energy (00956.HK) by purchasing 7.737 million shares at an average price of HKD 4.7229 per share, raising its ownership from 11.92% to 12.34% [1][2] Group 2 - The total investment made by Great Wall Life Insurance for this purchase amounts to approximately HKD 36.5411 million [1] - After the acquisition, Great Wall Life Insurance's total shareholding in Xintian Green Energy is now 226,987,000 shares [1][2]

Core Viewpoint - The company reported a revenue of 3.541 billion yuan for Q3 2025, a year-on-year decrease of 3.03%, while achieving a net profit attributable to shareholders of 147 million yuan, a significant increase of 122.98% year-on-year [1][2]. Group 1: Revenue and Profit Performance - The company's installed capacity reached 6.8748 million kilowatts by the end of Q2 2025, an increase of 8.12% year-on-year, contributing to a Q3 wind power generation of 2.410 billion kWh, up 6.98% year-on-year [1]. - Solar power generation in Q3 reached 107 million kWh, a remarkable increase of 104.79% year-on-year, with total power generation for the first three quarters amounting to 10.768 billion kWh, up 9.47% year-on-year [1]. - Despite stable growth in electricity generation, the company's gas sales volume in Q3 was 944 million cubic meters, a slight increase of 0.94% year-on-year, marking a recovery from a downward trend since the end of last year [1][2]. Group 2: Cost Control and Profitability - The company maintained strict control over cost and expense spending, resulting in a Q3 gross profit of 425 million yuan, down 7.77% year-on-year, while financial expenses decreased by 15.70% to 255 million yuan [2]. - Investment income rose to 57 million yuan, a year-on-year increase of 130.13%, which, along with cost reductions, alleviated profit pressure, leading to a net profit of 147 million yuan for Q3, reflecting a year-on-year growth of 122.97% [2]. Group 3: Market Outlook - The La Niña phenomenon is expected to bring a colder winter, which may increase heating demand and gas consumption, potentially benefiting the company's gas sales and helping the new Tangshan LNG project to recover from losses [2]. - The colder winter is also anticipated to positively impact wind power generation, suggesting a favorable outlook for the company's overall performance in the coming months [2]. Group 4: Earnings Forecast - Based on the latest financial data, the company's earnings forecasts for 2025-2027 are adjusted to 2.038 billion yuan, 2.248 billion yuan, and 2.480 billion yuan, with corresponding EPS of 0.48 yuan, 0.53 yuan, and 0.59 yuan, and H-share PE ratios of 8.44x, 7.65x, and 6.94x respectively [3].

Group 1 - The core point of the article is that Great Wall Life Insurance Co., Ltd. has increased its stake in New天绿色能源 (00956) by acquiring 7.737 million shares at a price of HKD 4.7229 per share, totaling approximately HKD 36.5411 million [1] - After the acquisition, Great Wall Life's total shareholding in New天绿色能源 is approximately 227 million shares, representing a holding percentage of 12.34% [1]

Group 1 - The core point of the article is that Shanghai Ningquan Asset Management Co., Ltd. has reduced its stake in Xin Tian Green Energy (00956.HK) by selling 601,000 shares at an average price of HKD 4.63 per share, resulting in a total transaction value of approximately HKD 2.7826 million [1][2] - After the sale, Shanghai Ningquan's total shareholding decreased to 183,469,000 shares, which represents a reduction in ownership percentage from 10.01% to 9.98% [1][2]

Core Points - Shanghai Ningquan Asset Management Co., Ltd. reduced its stake in Xin Tian Green Energy (00956.HK) by selling 601,000 shares at an average price of HKD 4.63 per share, totaling approximately HKD 2.7826 million [1] - After the sale, Shanghai Ningquan's holdings decreased from 10.01% to 9.98%, with a total of 183,469,000 shares remaining [1] Summary by Category - **Company Actions** - Shanghai Ningquan Asset Management Co., Ltd. sold 601,000 shares of Xin Tian Green Energy [1] - The average selling price was HKD 4.63 per share, amounting to HKD 2.7826 million [1] - **Shareholding Changes** - Post-sale, Shanghai Ningquan's shareholding decreased to 183,469,000 shares [1] - The ownership percentage fell from 10.01% to 9.98% [1]

Group 1 - Shanghai Ningquan Asset Management Co., Ltd. reduced its holdings in Xin Tian Green Energy (00956) by 601,000 shares at a price of HKD 4.63 per share, totaling approximately HKD 2.7826 million [1] - After the reduction, the latest number of shares held by Shanghai Ningquan is approximately 183 million shares, representing a holding percentage of 9.98% [1]

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Views - The company has experienced a rebound in sales volume for the first time this year, with a quarterly performance showing signs of recovery [2][6]. - The company's installed capacity has expanded, leading to a 9.2% year-on-year increase in controlled power generation, reaching 2.518 billion kWh in the third quarter [6]. - Despite a 3.03% year-on-year decrease in revenue to 3.541 billion yuan, the net profit attributable to shareholders surged by 122.97% to 147 million yuan due to cost control and increased investment income [2][6]. Summary by Sections Revenue and Sales Volume - The company reported a total sales volume of 944 million cubic meters in the third quarter, marking a 0.94% year-on-year increase, reversing the downward trend observed since the end of last year [6]. - The wholesale gas volume increased by 27.66% to 334 million cubic meters, while retail gas volume decreased by 21.99% to 308 million cubic meters [6]. Cost Management and Profitability - The company effectively controlled costs, resulting in a gross profit of 425 million yuan, a decline of 7.77% year-on-year, while financial expenses decreased by 15.70% to 255 million yuan [6]. - Investment income rose by 130.13% to 57 million yuan, contributing to the significant increase in net profit [6]. Future Outlook - The La Niña phenomenon is expected to lead to a colder winter, which may increase heating demand and positively impact gas sales and wind power generation [6]. - The company has adjusted its earnings forecast for 2025-2027, expecting profits of 2.038 billion yuan, 2.248 billion yuan, and 2.480 billion yuan, with corresponding EPS of 0.48 yuan, 0.53 yuan, and 0.59 yuan [6].

Group 1 - Shanghai Ningquan Asset Management Co., Ltd. reduced its holdings in Xintian Green Energy (00956) by 601,000 shares at a price of HKD 4.63 per share, totaling approximately HKD 2.7826 million [1] - After the reduction, the latest number of shares held by Shanghai Ningquan is approximately 183 million shares, representing a holding percentage of 9.98% [1]