格隆汇2月12日丨久融控股(02358.HK)宣布，公司谨订于2026年2月27日(星期五)举行董事会会议，藉以 考虑及通过(其中包括)集团截至2025年12月31日止六个月未经审核的中期业绩及其发布，以及考虑派发 中期股息(如有)。 ...

格隆汇2月12日丨鼎立资本(00356.HK)公告，于2026年1月31日，公司每股股份未经审核综合资产净值约 为0.024港元。 ...

格隆汇2月12日丨大成食品(03999.HK)宣布，将于2026年3月10日(星期二)举行董事会会议，藉以(其中包 括)考虑及(如合适)通过(i)公司及其附属公司截至2025年12月31日止十二个月的年度业绩及(ii)于香港联 合交易所有限公司及公司之网站上刊登有关上述业绩的公告。 ...

格隆汇2月12日丨长城环亚控股(00583.HK)发布公告，谨订于2026年2月27日（星期五）举行公司董事会 会议，藉以（其中包括）审阅及批准刊发公司及其附属公司截至2025年12月31日止年度的全年业绩，以 及处理任何其他事项。 ...

格隆汇2月12日丨达力集团(00029.HK)公布，公司将于2026年2月27日（星期五）举行董事会会议，藉以 （其中包括）批准公司及其附属公司截至2025年12月31日止六个月的中期业绩以及其公布，并考虑派发 一项中期股息（如有）。 ...

格隆汇2月12日丨信义玻璃(00868.HK)宣布，公司将于2026年2月27日(星期五)举行董事会会议，藉以批 准(其中包括)刊发公司及其附属公司截至2025年12月31日止的年度业绩，及考虑建议派发末期股息(如 有)。 ...

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index halting a three-day rally, closing at 27,032.54, down 0.86% [1][2] - The Hang Seng Tech Index fell by 1.65%, while the Hang Seng China Enterprises Index dropped by 1% [1][2] Sector Performance Technology Sector - Major tech stocks saw significant declines, with Meituan and NetEase both dropping over 4%, and Baidu and Tencent falling more than 2% [2][4] - Other tech companies like Kuaishou, Xiaomi, JD.com, and Alibaba also reported losses [2][4] Financial Sector - Financial stocks, including banks, Chinese brokerage firms, and insurance companies, mostly declined, adding pressure to the market [2] Consumer Sector - The restaurant sector faced downturns, with Jiumaojiu falling over 5% and Haidilao dropping more than 3% [6] - The overall consumer demand in the restaurant industry is stabilizing, with expectations for improvement in 2026 [6] Entertainment Sector - The film and entertainment sector was weak, with Emperor Culture Industries dropping nearly 6% [7] Energy Sector - The power equipment sector showed strength, with Harbin Electric rising over 13% [9] - The oil sector was active, with China Petroleum and Sinopec both gaining over 2% [14] Heavy Machinery Sector - Heavy machinery stocks continued to rise, with China National Heavy Duty Truck Group and Sany International both increasing over 5% [12] Semiconductor Sector - Semiconductor stocks saw gains, with Tensun Zhixin and Zhaoyi Innovation both rising over 20% [10] Notable Stocks - Dipo Technology surged by 8.34%, reaching a market value of 29.707 billion HKD [16] - The stock has increased 2.46 times since its IPO price of 26.66 HKD [21]

Core Viewpoint - Yao Mazi Food Co., Ltd. has received an inquiry letter regarding its IPO application for public stock issuance and listing on the Beijing Stock Exchange, with regulatory concerns about innovation characteristics, market space, compliance of production land, food safety risks, and the sustainability of performance growth [1][4]. Company Overview - Yao Mazi, established in 2008 and located in Meishan, Sichuan, specializes in the research, production, and sales of unique seasoning products, primarily focusing on pepper oil [1][4]. - The company’s main products include a variety of flavored oils, compound seasonings, specialty foods, and snacks, with over 93% of revenue derived from flavored oils [8][12]. Financial Performance - The company aims to raise approximately 568 million yuan for projects including the construction of a comprehensive intelligent production facility for pepper oil and other seasoning oils [6]. - Revenue figures for Yao Mazi from 2022 to the first half of 2025 are approximately 4.5 billion yuan, 5.45 billion yuan, 6.25 billion yuan, and 3.32 billion yuan, respectively, with net profits of about 810 million yuan, 990 million yuan, 1.57 billion yuan, and 1.05 billion yuan [19]. - The gross profit margin has shown an upward trend, reaching 46.45% in the first half of 2025, which is higher than the average gross margin of comparable companies [19][20]. Market Position - The seasoning oil market in China is projected to grow significantly, with the overall seasoning industry expected to reach 687.1 billion yuan by 2024, growing at 16.01% year-on-year [16]. - Yao Mazi holds a 30% market share in the pepper oil segment, making it a leading player in this niche market [21][22]. - However, the core product, pepper oil, has a relatively small market size, estimated at 2.09 billion yuan in 2024, with expectations to grow to 3.91 billion yuan by 2030 [17]. Risks and Challenges - The company faces risks related to food safety, as evidenced by 37 complaints regarding product quality issues from 2022 to 2024 [13]. - Yao Mazi's inventory levels are high, with net inventory amounts around 2.66 billion yuan, which could lead to risks of inventory obsolescence if market competition intensifies [19][22]. - The company is also challenged by the competitive landscape in the compound seasoning market, where it has entered later than established competitors [22].

Core Viewpoint - Haibo Sichuang (688411.SH) emphasizes its strategic partnership with CATL, focusing on collaboration in energy storage system battery cell products [1] Group 1: Strategic Partnership - The company has established a long-term and stable strategic cooperation relationship with CATL [1] - This partnership aims to create a collaborative competitive advantage [1] - The collaboration is expected to enhance the efficient allocation of resources and achieve win-win outcomes for both parties [1] Group 2: Supply Chain Stability - The partnership is anticipated to improve the stability of the company's supply chain [1]

Core Viewpoint - The company is focused on integrating investment management with its core businesses in container manufacturing, leasing, and shipping logistics, while emphasizing technological innovation and sustainability [1] Group 1: Business Focus - The company aims to develop an integrated model around the shipping logistics industry, centering on container manufacturing, leasing, and shipping leasing [1] - Investment management serves as a supporting pillar for the company's integrated development strategy [1] Group 2: Technological Innovation - The company is concentrating on its core business and actively investing in research and development to enhance digital capabilities [1] - Achievements have been made in smart container manufacturing and the creation and upgrading of digital platforms for containers [1] Group 3: Sustainability Initiatives - The company is committed to focusing on "digital intelligence and green low-carbon" initiatives to empower industrial innovation and explore green value [1]