Core Viewpoint - Northeast Electric (00042) has announced the sale of its entire 10.5% stake in HNA Tianjin Center Development Co., Ltd. to Beijing Haihongyuan Enterprise Management Consulting Co., Ltd. for RMB 3.58 million (approximately HKD 3.915 million), which will enhance the company's liquidity and risk management capabilities [1] Group 1 - The transaction involves the transfer of the entire stake held by Northeast Electric in the joint venture, resulting in the company no longer having any equity interest in the joint venture after the completion of the sale [1] - The sale is expected to help the company activate assets and consolidate resources, thereby improving its ability to withstand risks and sustain operations [1] - The net proceeds from the sale will contribute to increasing the company's cash flow [1]

本次拟出售所持10.5%股权且本集团将不再于参股公司经营的业务中拥有任何权益。于出售事项完成 后，收到的所得款项净额亦有助于增加本集团的现金流。 于本公告日期，参股公司天津中心为本集团的合营企业，由转让方拥有10.5%股权。出售事项完成后， 本集团将不再持有参股公司的任何股权，其业绩将不再于本公司分佔合营企业业绩中反映。 本次出售参股公司少数股权，有利于本集团盘活资产和整合资源，补充流动资金需求，提升本集团抵御 风险能力和持续经营能力。 东北电气(00042)发布公告，于2025年9月29日，本公司以及转让方海南逸唐飞行酒店管理有限公司(海南 逸唐，本公司的间接非全资附属公司)与受让方北京海鸿源企业管理咨询有限公司(北京海鸿源)订立股权 转让协议，转让方同意出售，而受让方同意收购参股公司海航天津中心发展有限公司(天津中心)的 10.5%股权(即本集团于参股公司中所持有的全部股权)，代价为人民币358万元(相当于约391.5万港元)。 ...

本次出售参股公司少数股权，有利于集团盘活资产和整合资源，补充流动资金需求，提升集团抵御风险 能力和持续经营能力。本次拟出售所持10.5%股权且集团将不再于参股公司经营业务中拥有任何权益。 于出售事项完成后，收到所得款项净额亦有助于增加集团现金流。 格隆汇9月29日丨东北电气(00042.HK)公告，于2025年9月29日，公司以及转让方海南逸唐飞行酒店管理 有限公司("海南逸唐"，公司的间接非全资附属公司)与受让方北京海鸿源企业管理谘询有限公司("北京 海鸿源")订立股权转让协议，据此，转让方同意出售，而受让方同意收购参股公司海航天津中心发展有 限公司("天津中心")的10.5%股权(即集团于参股公司中所持有的全部股权)，代价为人民币358万元。 于本公告日期，参股公司天津中心为集团的合营企业，由转让方拥有10.5%股权。出售事项完成后，集 团将不再持有参股公司的任何股权，其业绩将不再于公司分占合营企业业绩中反映。 ...

东北电气发展股份有限公司 公告编号：2025-017 证券代码：400114 证券简称：东北电 3 主办券商：山西证券 第十届董事会第十六次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 9 月 29 日 2.会议召开方式：□现场会议 √电子通讯会议 3.会议通讯地址：海南省海口市美兰区国兴大道 3 号互联网金融大厦公司会 议室 4.发出董事会会议通知的时间和方式：2025 年 9 月 26 日以电子邮件方式发 出 5.会议主持人：朱欣光 6.会议列席人员：监事会成员及公司高级管理人员 7.召开情况合法合规性说明： 会议的召集、召开符合有关法律、行政法规、部门规章、规范性文件和《东 北电气发展股份有限公司章程》（以下简称"《公司章程》"）、《东北电气发展股份 有限公司董事会议事规则》的规定。 （二）会议出席情况 会议应出席董事 7 人，出席和授权出席董事 7 人。 二、议案审议情况 1 公告编号：2025-017 ...

須予披露的關連交易 出售一間參股公司之股權 出售事項 董事會欣然宣佈，於2025年9月29日，本公司以及轉讓方海南逸唐飛行酒店管理有限公司 （「海南逸唐」，本公司的間接非全資附屬公司）與受讓方北京海鴻源企業管理諮詢有 限公司（「北京海鴻源」）訂立股權轉讓協議，據此，轉讓方同意出售，而受讓方同意 收購參股公司海航天津中心發展有限公司（「天津中心」）的10.5%股權（即本集團於 參股公司中所持有的全部股權），代價為人民幣358萬元（相當於約391.5萬港元）。 於本公告日期，參股公司天津中心為本集團的合營企業，由轉讓方擁有10.5%股權。出 售事項完成後，本集團將不再持有參股公司的任何股權，其業績將不再於本公司分佔合 營企業業績中反映。 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之內容概不負責，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。 上市規則的涵義 據董事於作出一切合理查詢後所知、所悉及所信，於本公告日期，受讓方北京海鴻源持 有本公司81,494,850股內資股（佔本公司股權的9.33%），北京海鴻源系 ...

中期報告 2025 INTERIM REPORT 2025 | | | | | | 第一節 重要提示 2 1.1 本公司董事會、監事會及董事、監事、高級管理人員保證半年度報告內容的真實、準 確、完整，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任 。 1.2 本公司董事長朱欣光、主管會計工作負責人劉可佳及會計機構負責人(會計主管人員) 林彬聲明：保證本半年度報告中財務報告的真實、準確、完整。 1.3 本報告經二零二五年八月二十七日召開的十屆十五次董事會會議審議並批准。所有董 事均已出席審議本報告的董事會會議。 1.4 本集團按照《中國企業會計準則》和《國際財務報告準則》編製截至二零二五年六月 三十日止六個月業績未經審計。本公司董事會審核（審計）委員會已審閱並確認本公 司二零二五年半年度業績。審核（審計）委員會同意本公司截至二零二五年六月三十 日止六個月的未經審計半年度帳目所采納的財務會計原則、準則及方法。 1.5 本公司計劃不派發現金紅利，不送紅股，不以公積金轉增股本。 1.6 按照國際財務報告準則編製的綜合營業額為人民幣7,729萬元。 1.7 本公司股權持有人應佔虧損為人民幣516萬元。 ...

Core Insights - The article highlights the top and bottom AH premium rates for various stocks as of September 29, with Northeast Electric (00042) leading with a premium rate of 918.87% [1] - The article also provides a detailed ranking of stocks based on their deviation values, indicating significant discrepancies between H-shares and A-shares [1] AH Premium Rate Rankings - Northeast Electric (00042) has the highest AH premium rate at 918.87%, followed by Zhejiang Shibao (01057) at 229.34% and Hongye Futures (03678) at 225.06% [1] - The lowest AH premium rates are recorded for Ningde Times (03750) at -12.99%, followed by Hengrui Medicine (01276) at -3.55% and China Merchants Bank (03968) at 4.26% [1] Deviation Value Rankings - The top three stocks with the highest deviation values are Northeast Electric (00042) at 116.65%, Changfei Optical Fiber (06869) at 40.35%, and Jihong Co. (02603) at 33.97% [1] - Conversely, the stocks with the lowest deviation values include Qin Port Co. (03369) at -25.11%, Longyuan Power (00916) at -23.75%, and Beijing Machinery (00187) at -17.02% [1] Additional Insights - The article includes a detailed table of the top ten and bottom ten AH stocks based on premium rates and deviation values, providing a comprehensive overview of the current market situation [1][2] - The data is generated based on the Hong Kong Stock Exchange and reflects the current market dynamics, indicating potential investment opportunities and market inefficiencies [2]

Group 1 - The article highlights the top three and bottom three AH premium rates for various stocks, with Northeast Electric (00042) leading at a premium rate of 900.00% [1] - The top three stocks with the highest deviation values are Northeast Electric (00042) at 102.08%, Changfei Optical Fiber (06869) at 43.54%, and Zhejiang Shibao (01057) at 31.64% [1] - The bottom three stocks with the lowest deviation values include Qin Port Co. (03369) at -23.64%, Longyuan Power (00916) at -15.36%, and Goldwind Technology (02208) at -14.92% [1] Group 2 - The top ten AH stocks by premium rate include Northeast Electric (00042), Hongye Futures (03678), and Zhejiang Shibao (01057) [1] - The bottom ten AH stocks by premium rate include Ningde Times (03750) with a premium rate of -14.11%, followed by Hengrui Medicine (01276) at -0.86% [1] - The article provides detailed tables showing the premium rates and deviation values for both top and bottom AH stocks, indicating significant disparities in market valuation [1][2]

Core Insights - The article highlights the top and bottom AH share premium rates, with Northeast Electric (00042) leading at 881.82% and Ningde Times (03750) at -11.55% [1][2][3] Group 1: Top AH Share Premium Rates - Northeast Electric (00042) has the highest premium rate of 881.82% with a deviation value of 87.12% [1][2][4] - Zhejiang Shibao (01057) follows with a premium rate of 228.63% and a deviation value of 28.72% [1][2][4] - Andeli Juice (02218) ranks third with a premium rate of 225.76% and a deviation value of -3.85% [1][2][4] Group 2: Bottom AH Share Premium Rates - Ningde Times (03750) has the lowest premium rate at -11.55% with a deviation value of 2.42% [1][3] - Heng Rui Pharmaceutical (01276) has a premium rate of -3.49% and a deviation value of -2.41% [1][3] - Zijin Mining (02899) ranks third from the bottom with a premium rate of 4.81% and a deviation value of -1.32% [1][3] Group 3: Deviation Values - The highest deviation values are seen in Northeast Electric (00042) at 87.12%, followed by Changfei Optical Fiber (06869) at 31.52% and Dazhong Public Utilities (01635) at 29.80% [1][4] - The lowest deviation values are recorded for Qin Port Co. (03369) at -22.56%, Longyuan Power (00916) at -20.30%, and Longpan Technology (02465) at -16.74% [1][5]

Core Viewpoint - The report highlights the AH premium rates of various companies, indicating significant discrepancies between their A-shares and H-shares, with Northeast Electric (00042) leading with a premium rate of 864.29% [1] AH Premium Rate Rankings - The top three companies with the highest AH premium rates are: - Northeast Electric (00042): 864.29% - Andeli Juice (02218): 227.40% - Hongye Futures (03678): 225.67% [1] - The bottom three companies with the lowest AH premium rates are: - Ningde Times (03750): -12.07% - Heng Rui Medicine (01276): -3.97% - Zijin Mining (02899): 4.14% [1] Deviation Value Rankings - The top three companies with the highest deviation values are: - Northeast Electric (00042): 74.37% - Changfei Optical Fiber (06869): 24.77% - Zhaoyan New Drug (06127): 22.94% [1] - The bottom three companies with the lowest deviation values are: - Longpan Technology (02465): -25.07% - Qin Port Shares (03369): -19.33% - COSCO Shipping Energy (01138): -15.04% [1] Detailed AH Stock Premium and Deviation Data - The report provides detailed tables showing the premium rates and deviation values for the top and bottom AH stocks, indicating significant variations in market perception and valuation between A-shares and H-shares [1][2]