格隆汇1月30日丨载通(00062.HK)发布公告，马绍祥获委任为公司的非执行董事及副主席及附属公司(九 龙巴士(一九三三)有限公司("九巴"))的董事及副主席，该任命自2026年2月1日起生效。 ...

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份 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。 TRANSPORT INTERNATIONAL HOLDINGS LIMITED (載通國際控股有限公司)* （於百慕達註冊成立的有限公司） （股票代號： 62 ） 委任非執行董事及副主席 載通國際控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈，馬紹祥太平 紳士，GBS（「馬先生」）獲委任為本公司之非執行董事及副主席及附屬公司（九龍 巴士（一九三三）有限公司（「九巴」））之董事及副主席，該任命自2026年2月1日 起生效。 馬先生，62歲，為華潤（集團）有限公司非執行董事及南光（集團）有限公司外部董 事 。馬先生曾出任新世界發展有限公司（香港聯合交易所有限公司主板上市公司（股 份代號：17））之執行董事及行政總裁直至2024年11月、新世界百貨中國有限公司 （香港聯合交易所有限公司主板上市公司（股份代號：825））之執行董事直至2024 年11月及周大福創建有限公司 (前稱新創建集團有限公司) ...

Company Overview - Hangzhou Yundong Intelligent Automotive Technology Co., Ltd. (Yundong Intelligent) has submitted its listing application to the Hong Kong Stock Exchange, with China International Capital Corporation (CICC) as its sole sponsor [1] - According to a Frost & Sullivan report, Yundong Intelligent is the third-largest domestic supplier of automotive communication solutions in China, holding a market share of 7% [1][4] - Yundong Intelligent ranks first among domestic suppliers in terms of 4G in-vehicle networking control unit shipments, with a market share of 7.8% as of the fiscal year ending December 31, 2024 [1][4] Product and Market Position - Yundong Intelligent's solutions are crucial for the automotive industry's transition to software-defined vehicles, driving demand for advanced communication technologies such as 4G, 5G, and satellite communication [4] - The company has established a competitive advantage in the emergency call solution sector, ranking as the third-largest domestic supplier with a market share of 1.0% for the fiscal year ending December 31, 2024, and second place with a market share of 1.4% for the nine months ending September 30, 2025 [4] - The company has developed approximately 27,300 units of 5G in-vehicle communication solutions by the nine months ending September 30, 2025 [4] Financial Performance - Yundong Intelligent's revenue for the years ending December 31, 2023, 2024, and for the nine months ending September 30, 2025, is approximately RMB 205.79 million, RMB 398.20 million, and RMB 301.25 million, respectively [7] - The gross profit for the same periods is approximately RMB 48.36 million, RMB 108.95 million, and RMB 74.05 million, resulting in gross profit margins of 23.5%, 27.4%, and 24.6% respectively [6][10] - The total profit and comprehensive income for the years ending December 31, 2023, 2024, and for the nine months ending September 30, 2025, is approximately RMB 10.94 million, RMB 40.15 million, and RMB 22.98 million, respectively [8] Industry Overview - The automotive intelligent networking sector is expanding, with the global and Chinese market sizes expected to grow from RMB 527.4 billion and RMB 115.3 billion in 2024 to RMB 1,333.9 billion and RMB 444.9 billion by 2029 [11] - The demand for in-vehicle communication solutions is driven by the simultaneous rise in electrification, automation, and vehicle networking needs, with global and Chinese shipment volumes projected to increase significantly from 2020 to 2024 [14] - The 4G solutions currently dominate the market due to their established infrastructure and cost-effectiveness, while 5G solutions are expected to see rapid growth, with a compound annual growth rate of 81.0% globally and 70.4% in China from 2025 to 2029 [17]

Core Viewpoint - Hangzhou Yundong Intelligent Automotive Technology Co., Ltd. (Yundong Intelligent) has submitted its listing application to the Hong Kong Stock Exchange, with China International Capital Corporation as its sole sponsor. The company is recognized as the third-largest domestic supplier of automotive communication solutions in China, holding a market share of 7% [1][4]. Company Overview - Yundong Intelligent is a leading domestic supplier in the automotive intelligent connected solutions industry in China, crucial for the transformation towards software-defined vehicles. This trend is driving the demand for advanced communication technologies such as 4G, 5G, and satellite communication [4]. - The company has a competitive advantage in emergency call solutions, ranking as the third-largest domestic supplier with a market share of 1.0% for emergency call terminal shipments as of the fiscal year ending December 31, 2024. By the nine months ending September 30, 2025, it is projected to rank second with a market share of 1.4% [4]. - Yundong Intelligent has established itself as one of the largest suppliers of automotive communication solutions in China, characterized by communication modules equipped with domestic chips [4]. Financial Data - The company's revenue for the years ending December 31, 2023, 2024, and for the nine months ending September 30, 2025, is approximately RMB 205.79 million, RMB 398.20 million, and RMB 301.25 million, respectively [6]. - The gross profit for the same periods is approximately RMB 48.36 million, RMB 108.95 million, and RMB 74.05 million, with corresponding gross profit margins of 23.5%, 27.4%, and 24.6% [6][9]. - The total comprehensive income for the years ending December 31, 2023, 2024, and for the nine months ending September 30, 2025, is approximately RMB 10.93 million, RMB 40.15 million, and RMB 22.98 million, respectively [7]. Industry Overview - The automotive intelligent connected solutions market is expanding, with the global and Chinese market sizes expected to grow from RMB 527.4 billion and RMB 115.3 billion in 2024 to RMB 1,333.9 billion and RMB 444.9 billion by 2029 [9]. - The demand for automotive communication solutions is driven by the simultaneous rise in electrification, automation, and connected vehicle needs. The global and Chinese shipment volumes are projected to increase significantly, with a compound annual growth rate (CAGR) of 6.0% and 8.7% from 2025 to 2029 [12]. - 4G solutions currently dominate the market due to their established infrastructure and lower costs, while 5G solutions are expected to grow rapidly, with a projected CAGR of 81.0% globally and 70.4% in China from 2025 to 2029 [15].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 載通國際控股有限公司 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00062 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 600,000,000 | HKD | | 1 | HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 600,000,000 | HKD | | 1 | HKD | | 600,000,000 | 本月底法定/註冊股本總額： HKD 600,000,000 FF301 第 1 頁 共 10 ...

Core Viewpoint - Zhongneng Electric (300062) announced the termination of a major asset restructuring plan to acquire 65% equity of Shandong Dacheng Electric Co., Ltd. and related debts, as the bidding process concluded with other qualified buyers winning the auction [1][2]. Group 1: Announcement Details - The board of Zhongneng Electric held meetings on December 5 and December 23, 2025, to approve the proposal for participating in the auction of the equity and debts of Shandong Dacheng Electric and related companies [1]. - The company aimed to enhance its competitive position by expanding its product offerings from medium voltage to high voltage through this acquisition [1]. - The decision to terminate the restructuring was made after careful due diligence and discussions with intermediaries, concluding that the company would not participate in the bidding and had not paid any deposit [2]. Group 2: Impact and Future Plans - The termination of the asset restructuring will not adversely affect the company's normal business operations or the interests of minority shareholders [2]. - The company will continue to pursue its strategic objectives and manage its operations in an orderly manner [2]. - Zhongneng Electric committed to not planning any major asset restructuring within one month following the announcement [2]. Group 3: Market Performance - The latest stock price of Zhongneng Electric is reported at 9.08 CNY per share, with a total market capitalization of 5.72 billion CNY [3]. - The stock experienced a trading volume of 611,400 hands and a turnover rate of 13.34% [4].

Group 1 - The company announced the termination of a major asset restructuring plan to acquire 65% equity of Shandong Dacheng Electric Co., Ltd. and related debts [2][3] - The decision to terminate the restructuring was made after careful due diligence and communication with relevant intermediaries, concluding that the company would not participate in the bidding process [3] - The company has not signed any agreements related to this major asset restructuring and does not face any breach of contract liabilities [3] Group 2 - The company's latest stock price is reported at 9.08 yuan per share, with a total market capitalization of 5.72 billion yuan [4]

（於百慕達註冊成立之有限公司） （股份代號：62） 持續關連交易 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，並明確表示概不就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。 TRANSPORT INTERNATIONAL HOLDINGS LIMITED （載通國際控股有限公司）* 於2025年12月30日，KTRE（本公司全資附屬公司）及TRL訂立以下協議：- 於2022年12月29日，KTRE及TRL(i)與SHKRE(SL)訂立了一份辦公處所租賃管理 協議，據此SHKRE(SL)獲委任為發展項目中辦公處所單位的獨家市場推廣及租賃 代理及管理人（「2023-2025辦公租賃管理協議」）；(ii)與SHKRE(SL)訂立了一份零 售處所租賃管理協議，據此SHKRE(SL)獲委任為發展項目中零售處所單位及泊車 位的獨家市場推廣及租賃代理及管理人（「2023-2025零售租賃管理協議」）；及(iii) 與KSMS訂立了一份物業管理協議，據此KSMS獲委任為發展項目中辦公╱零售 處所單位的物業經理（「2023-20 ...

Group 1: Institutional Research and Market Performance - A total of 165 listed companies disclosed institutional research records during the week of December 15-19, with approximately half achieving positive returns [1] - The stock with the highest increase from institutional research was Zhenyou Technology, which rose by 21.89%, while nine other companies, including Aerospace Intelligence and Hongmian Co., saw gains exceeding 10% [1] - Popular stocks included Chang'an Automobile, Yipin Hong, and Boying Special Welding, with Chang'an receiving the most institutional investors [1] Group 2: Chang'an Automobile's L3 Approval - Chang'an Automobile received approval for its L3-level conditional autonomous driving model, with 214 institutions participating in its research [2] - The approved model, Deep Blue SL03, will be tested in designated areas of Beijing and Chongqing [2] - Chang'an's L3 capability development began in 2017, with the application for approval submitted in November 2023 [3][4] Group 3: Safety and Commercialization of L3 Technology - The approved model is equipped with advanced 4D imaging millimeter-wave radar, which can replace laser radar under certain conditions [4] - Chang'an plans to limit the autonomous driving speed to 0-50 km/h based on user scenarios and safety considerations [5] - The company aims to complete safety verification and promote industry standards rather than pursuing the technical upper limit [5] Group 4: Boying Special Welding's Institutional Interest - Boying Special Welding hosted four institutional research sessions during the week, with 107 institutions participating [6] - The company focuses on special equipment manufacturing, particularly in anti-corrosion and anti-wear welding equipment for various industrial sectors [6] - Boying Special Welding has developed core technologies for high-frequency oscillation welding, addressing industry pain points in sectors like waste incineration and biomass power generation [6] Group 5: Yipin Hong's Share Sale - Yipin Hong conducted research with 119 institutions following its announcement to sell shares in Arthrosi [8] - Post-transaction, Yipin Hong will retain 100% rights to AR882 in China and priority rights for global production supply [8] - The transaction is expected to close in the first quarter of 2026 after U.S. antitrust approval [8]

Summary of Key Points Core Viewpoint - This week, 165 listed companies disclosed institutional research records, with about half of the companies experiencing positive returns, indicating a mixed performance in the market. Group 1: Institutional Research and Stock Performance - The highest performing stock from institutional research this week was Zhenyou Technology, which increased by 21.89%, while nine other companies, including Aerospace Intelligence and Hongmian Co., saw gains exceeding 10% [1][8]. - Popular stocks this week included Changan Automobile, Yipin Hong, and Boying Special Welding, with Changan receiving the most institutional investors, totaling 214 [1][10]. Group 2: Changan Automobile's L3 Approval - Changan Automobile received approval for the first batch of L3 conditional autonomous driving vehicle licenses from the Ministry of Industry and Information Technology on December 15, allowing its model, Deep Blue SL03, to conduct road trials in designated areas [10][11]. - The company began its L3 autonomous driving capability research in 2017, with applications starting in 2021, and plans to conduct pilot applications in the first quarter of 2026 [11][13]. Group 3: Boying Special Welding's Technology and Operations - Boying Special Welding hosted four institutional research sessions this week, focusing on its core technology in anti-corrosion and wear-resistant welding equipment, which is widely used in various industrial sectors [5][14]. - The company has developed digital pulse MIG high-frequency oscillation welding technology, which is suitable for high-temperature and corrosive environments, and operates a production line in Vietnam for heat recovery steam generators (HRSG) [6][15]. Group 4: Yipin Hong's Share Sale - Yipin Hong announced plans to sell its stake in Arthrosi, retaining 100% rights to the AR882 drug pipeline in China and priority for global production supply rights [7][16]. - The transaction is expected to be completed in the first quarter of 2026, following U.S. antitrust filings, and the company has significant production facilities to support the supply of AR882 [16].