Globalization expansion is accelerating, and there is a desire to introduce major overseas investments. CENTRAL NEW EGY (01735) is on the verge of experiencing an explosive growth in value.

The wave of going global in the industry of Shanxi Guoxin Energy Corporation is reshaping the global new energy market at an unprecedented speed and scale. In this context, going global has become a necessary choice for the development of Shanxi Guoxin Energy Corporation. This is not only a strategic choice to seize the global green transformation opportunities, but also an inevitable path to respond to domestic market competition and achieve sustainable development. And CENTRAL NEW EGY (01735) has pressed the accelerator for its global expansion. On November 15th, CENTRAL NEW EGY announced that it has reached a global strategic partnership in the field of global new energy business with the Yingzhi Hemingway Growth Income Fund under the American Hemingway Family Foundation. The two parties intend to establish a long-term, stable, mutually beneficial alliance, fully utilize the advantages of both sides, and use G-RESOURCES to accelerate the rapid expansion of CENTRAL NEW EGY's globalization to safeguard and achieve the interests of both parties. In order to solidify this partnership, the Yingzhi Hemingway Growth Income Fund or its affiliates will subscribe to and hold up to 20% of the shares of CENTRAL NEW EGY as an industrial investor for the long term. The transaction will be completed in a fair and just manner based on compliance with relevant laws and regulations to ensure fairness. This means that the Yingzhi Hemingway Growth Income Fund or its affiliates may become shareholders of CENTRAL NEW EGY in the future. As a benchmark for Chinese green technology going global, CENTRAL NEW EGY has built a "rooted in China, connected to the world" green energy ecosystem with its innovative and diversified business model. Based on Belt and Road Initiative countries such as the UAE and Saudi Arabia, the company radiates to regions such as the Middle East, Europe, Africa, and the Americas, forming a global coordinated industrial layout. At the same time, CENTRAL NEW EGY has cooperated with overseas companies such as Sama Technology, Honeywell UOP, Iceland CRI-Ma'fenlong, ONYX Group, Oman ENGLTD, and Saudi FCC, aiming to inject the green genes of "Made in China" into the global energy transformation process. The establishment of a global strategic partnership with the Yingzhi Hemingway Growth Income Fund will be a milestone event in the global expansion process of CENTRAL NEW EGY, which will help accelerate CENTRAL NEW EGY to become a leader in the global zero-carbon industry, as the cooperation between the two parties is not just a simple financial investment, but includes multiple dimensions of long-term strategic layout. According to public information, the Yingzhi Hemingway Growth Income Fund is an open-end fund company (OFC) established in Hong Kong, China by the American Hemingway Family Foundation and holds Class 4 (Advising in Securities) and Class 9 (Asset Management) licenses issued by the Hong Kong Securities and Futures Commission (SFC). The fund is managed by Jake Hemingway, the executive director of the American Hemingway Family Foundation, with a current fund management scale of $1 billion. The American Hemingway family has a long-standing and profound influence in Asia, Europe, Africa, and the Middle East. The cooperation between the two parties has established clear goals in multiple dimensions. One of them is to promote the global expansion of CENTRAL NEW EGY. The American Hemingway family will help CENTRAL NEW EGY obtain market orders in Africa, the Middle East, and Eastern Europe, as well as investments and related industrial landing in these regions. Both parties agree to prioritize the implementation in Eastern Europe, especially in neighboring countries such as Romania and Bulgaria, Serbia, and Poland. The second is to provide financial support to CENTRAL NEW EGY. The American Hemingway family will utilize the fund's relationships with family offices, sovereign wealth funds, and institutional investors to financially support the continuous iteration of CENTRAL NEW EGY's technology and business models, help it maintain a leading technological level, and implement investment plans to help CENTRAL NEW EGY capture a larger market share. The third is to expand the synergies of technology, industry, and capital for both parties. CENTRAL NEW EGY will use its technological advantages and industry experience in industries such as photovoltaic manufacturing, zero-carbon park solutions, integrated light, storage, and hydrogen, ammonia, alcohol, hydrogen energy, and AI computing to assist the American Hemingway family in expanding and increasing investment in these areas. Finally, to strengthen the reputation and brand building of both parties. Through the influence and brand reputation of CENTRAL NEW EGY and the American Hemingway family in their respective fields and relevant countries and regions, they will assist each other in establishing and expanding business influence in their respective professional fields and regions. It can be seen that the cooperation between the Yingzhi Hemingway Growth Income Fund and CENTRAL NEW EGY is a strategic cornerstone, involving multiple levels such as integrated governance of CENTRAL NEW EGY, shaping cross-border influence, and long-term strategic support. Behind the decision of the Yingzhi Hemingway Growth Income Fund to choose long-term strategic investment in CENTRAL NEW EGY is its high recognition and firm trust in the success of CENTRAL NEW EGY's strategic transformation, continuous high revenue growth, consecutive profits during the downturn, and the potential of transforming from manufacturing to a full industry chain intelligent platform in the new energy sector. This is also a reflection of its long-term confidence in the infinite value of CENTRAL NEW EGY. In recent years, CENTRAL NEW EGY has successfully transformed from a green building company to a "dark horse" in the photovoltaic field through its focus on high-end new energy manufacturing and zero-carbon solutions, demonstrating strong growth momentum. In 2024, CENTRAL NEW EGY's revenue increased by 49.8% year-on-year to HK$6.032 billion; in the first half of 2025, it continued its high-growth trend, achieving revenue of HK$4.049 billion, a year-on-year increase of 59.92%. Of particular note is that CENTRAL NEW EGY successfully turned a profit in 2023, recording a net profit of HK$76.437 million, further confirming the feasibility of its business model and the strong growth potential of its new energy business. However, this may just be the beginning of CENTRAL NEW EGY's sustained high growth. After the Yingzhi Hemingway Growth Income Fund became its strategic shareholder, it not only boosted the capital market's firm confidence in CENTRAL NEW EGY's future development, but also marked a new stage in CENTRAL NEW EGY's global strategy. With full support from American Hemingway Capital, CENTRAL NEW EGY is expected to achieve accelerated expansion in overseas markets, which will help it accelerate the transformation of global market strategy, establish a dual-cycle development system of domestic and international markets, and accelerate towards the strategic goal of becoming a leader in the global zero-carbon industry. In this process, the continuous high growth of CENTRAL NEW EGY's performance will drive the continuous splitting of the company's intrinsic value, thereby creating long-term sustainable returns for investors.