Group 1 - *ST亚太 reported its Q3 2025 financial results on October 29, 2025 [1] - As of October 28, 2025, four institutional investors disclosed holdings in *ST亚太, totaling 61.5461 million shares, which represents 19.04% of the company's total share capital [1] - The institutional investors include 兰州亚太矿业集团有限公司, 兰州太华投资控股有限公司, 芜湖长元股权投资基金 (有限合伙), and 广州万顺技术有限公司 [1] - The total institutional holding percentage increased by 0.81 percentage points compared to the previous quarter [1]

Core Viewpoint - *ST Lian Shi (000697.SZ) has announced a restructuring plan that includes a capital increase through the conversion of capital reserves into shares, significantly altering its share structure and addressing debt obligations [1] Summary by Relevant Sections Capital Increase - The total share capital of Lian Shi Aviation is currently 873,100,876 shares, and a capital increase of 522,987,424 shares will be implemented at a ratio of 5.99 shares for every 10 shares held [1] - Post-increase, the total share capital will rise to 1,396,088,300 shares, with the final number subject to confirmation by the Shenzhen Central Depository [1] Share Distribution - The newly issued 522,987,424 shares will not be distributed to existing shareholders [1] - Of these, 200,000,000 shares will be sold to restructuring investors for a cash payment of 1,238,000,000.00 yuan, which will be used to execute the restructuring plan and support future business development [1] - The remaining 322,987,424 shares will be utilized to settle the company's debts [1] Debt Settlement - Secured and unsecured creditors will be treated equally under the repayment plan [1] - Creditors with claims of 500,000 yuan or less will receive full cash repayment within one month after the court approves the restructuring plan [1] - Remaining unpaid claims will be compensated with shares at a rate of approximately 12.63 shares per 100 yuan of debt, with a share price of 7.92 yuan per share for debt settlement [1] - The repayment ratio for both secured and unsecured debts is set at 100% [1]

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 香格里拉（亞洲）有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 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) | 00069 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 1 | HKD | | 5,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 1 | HKD | | 5,000,000,000 | 本月底法定/註 ...

Group 1 - The China Securities Regulatory Commission (CSRC) has taken action against several listed companies, including Shenyang Chemical, ST Juewei, and *ST Xingnong, for violations related to information disclosure and revenue recognition [1][2][4] - Shenyang Chemical is facing administrative penalties for manipulating financial data from 2018 to 2021, which included artificially adjusting production input quantities and delaying inventory recognition, leading to false financial statements [2][3] - ST Juewei has been penalized for failing to recognize revenue from franchise store renovations from 2017 to 2021, resulting in understated annual revenue by percentages ranging from 1.64% to 5.48% [5][6] Group 2 - The CSRC, in collaboration with the Ministry of Finance, has revised the "Regulations on Reporting Violations in Securities and Futures" to enhance the whistleblower reward system, with a maximum reward of 1 million yuan [8][9] - The revisions include increasing the reward conditions for whistleblowers, allowing for rewards based on the severity of the violations and the amount of fines collected, with a significant increase in the maximum reward amounts [10][11] - The new regulations emphasize the protection of whistleblower identities and establish strict penalties for retaliation against whistleblowers, ensuring a safer environment for reporting violations [12][13]

Core Viewpoint - ST炼石 has filed for bankruptcy reorganization, leading to a risk warning for its stock and a change in its trading name to "*ST炼石" starting September 25, 2025 [1][3]. Company Summary - On September 23, 2025, ST炼石 announced that the Chengdu Intermediate People's Court accepted its reorganization application, which will result in a trading suspension for one day [1][3]. - The company had previously announced its board's approval to apply for reorganization and pre-reorganization at the beginning of the year [3]. - The court appointed Beijing King & Wood Mallesons (Chengdu) Law Firm as the administrator for the reorganization process [3]. Financial Situation - The company is facing severe financial difficulties, with significant overdue debts amounting to 0.77 billion and 9.48 billion due on January 2 and April 22, 2025, respectively [6]. - ST炼石 has acknowledged that it is unable to repay its due debts, indicating a lack of solvency [6]. - The temporary administrator has identified that the company has insufficient cash reserves and that its assets are difficult to liquidate in the short term, leading to ongoing losses and challenges in turning around its financial situation [6].

Core Viewpoint - ST炼石 has been granted a court ruling to accept its restructuring application, leading to a delisting risk warning for its stock, which will be suspended for one day [1][3]. Group 1: Court Ruling and Restructuring - On September 23, ST炼石 announced that the Chengdu Intermediate People's Court has accepted its restructuring application, resulting in a delisting risk warning as per the listing rules [1][3]. - The company will change its stock abbreviation from "ST炼石" to "*ST炼石" and will be suspended from trading on September 24, 2025, resuming on September 25, 2025 [1]. Group 2: Financial Situation - ST炼石 has significant overdue debts, with principal and interest payments due on January 2 and April 22, 2025, amounting to 0.77 billion and 9.48 billion respectively, indicating substantial default [3]. - The company is facing severe liquidity issues, with insufficient cash reserves and high debt levels, leading to continuous losses and difficulty in generating funds to repay debts [3][4]. Group 3: Restructuring Feasibility - The temporary administrator has developed preliminary plans regarding equity adjustments, debt classification, and the introduction of restructuring investors, indicating the feasibility of the restructuring [4]. - ST炼石 intends to manage its assets and operations under the supervision of the administrator during the restructuring process and will seek court approval to continue operations [4]. Group 4: Potential Outcomes - Successful restructuring could alleviate debt risks and improve the company's financial structure and operational status [5]. - Failure to complete the restructuring may result in bankruptcy and the termination of the company's stock listing [5].

Core Viewpoint - ST Lian Shi (000697) has been granted a court ruling to accept its restructuring application, leading to a delisting risk warning and a one-day trading suspension [1][3]. Group 1: Court Ruling and Restructuring - On September 23, ST Lian Shi announced that the Chengdu Intermediate People's Court has accepted its restructuring application, resulting in a delisting risk warning for its stock [1][3]. - The company will change its stock abbreviation from "ST Lian Shi" to "*ST Lian Shi" and will be suspended from trading for one day starting September 24, 2025, resuming on September 25, 2025 [1][3]. Group 2: Financial Situation - The company has significant overdue debts, with principal and interest payments of 77 million yuan and 948 million yuan due on January 2 and April 22, 2025, respectively, indicating substantial default [3][4]. - ST Lian Shi is facing severe liquidity issues, with insufficient cash reserves and high debt levels, leading to continuous losses and difficulty in generating funds through operations [3][4]. Group 3: Restructuring Feasibility - The temporary administrator has developed preliminary plans regarding equity adjustments, debt classification, and repayment schemes, and has signed pre-restructuring investment agreements with multiple investors, indicating the feasibility of the restructuring [4]. - The company intends to apply for self-management of its assets and operations during the restructuring period under the supervision of the administrator, aiming to continue operations [4]. Group 4: Potential Outcomes - Successful restructuring could alleviate debt risks and improve the company's financial structure and operational status [4]. - Failure to complete the restructuring may lead to bankruptcy and the risk of stock delisting [4].

Core Viewpoint - ST炼石 has received a civil ruling from the Chengdu Intermediate People's Court, accepting the company's restructuring application, which indicates significant financial distress and the initiation of a formal restructuring process [1] Group 1: Legal Proceedings - The Chengdu Intermediate People's Court has issued a civil ruling (2025川01破申19号) to accept the restructuring application of ST炼石 [1] - The court has appointed Beijing King & Wood Mallesons (Chengdu) Law Firm as the administrator for the company [1] Group 2: Stock Market Impact - Due to the court's ruling, ST炼石's stock will be subject to delisting risk warning, changing its trading name from "ST炼石" to "*ST炼石" while the stock code remains "000697" [1] - The trading limit for the company's stock will continue to be set at 5% [1] - The stock will be suspended from trading for one day starting September 24, 2025, and will resume trading on September 25, 2025 [1]

Shangri-La Asia Limited （於百慕達註冊成立之有限公司） 網址：www.ir.shangri-la.com （股份代號：00069） 各位非登記股東： 刊發2025年中期報告之通知（「刊發文件」） 香格里拉（亞洲）有限公司（「公司」）謹通知，公司上述之刊發文件備有英文及中文版，並於此信件日期或 前後於公司網址www.ir.shangri-la.com及香港聯合交易所有限公司網址www.hkexnews.hk載有（「網站版 本」）。公司或其股份過戶登記分處，卓佳雅柏勤有限公司（「登記處」），亦存有刊發文件之印刷本。 閣下將於日後公司通訊發出當日或以前，獲發通知（以電郵或經郵遞）知會該等公司通訊網站版本之登 載事宜。為了可透過電郵方式進行電子通訊，公司建議 閣下向代其持有股份之銀行、經紀人、託管 商、代理人或香港中央結算（代理人）有限公司（統稱「中介公司」）提供有效之電郵地址。如公司沒有收到 由 閣下之中介公司透過香港中央結算（代理人）有限公司所提供 閣下有效之電郵地址或郵遞地址，公 司將不會向 閣下發送刊發日後公司通訊網站版本之登載通知。 倘 閣下欲向登記處免費索取公司刊發文件及╱或日後之 ...

Shangri-La Asia Limited （於百慕達註冊成立之有限公司） 網址：www.ir.shangri-la.com （股份代號：00069） 此致 列位登記股東 台照 代表 香格里拉（亞洲）有限公司 公司秘書 蕭兆隆 謹啟 2025年9月23日 各位股東： 刊發2025年中期報告之通知（「刊發文件」） 香格里拉（亞洲）有限公司（「公司」）謹通知，公司上述之刊發文件備有英文及中文版，並於此信件日期或前 後於公司網址www.ir.shangri-la.com及香港聯合交易所有限公司網址www.hkexnews.hk載有。公司或其股份 過戶登記分處，卓佳雅柏勤有限公司（「登記處」），亦存有刊發文件之印刷本。 若 閣下已選擇（或被視為已同意選擇）透過公司之網址收取所有公司刊發之公司通訊，惟在接收或查閱刊 發文件時遇到困難， 閣下可填妥以下回條並與此信件一併(a)電郵至shangrila-ecom@vistra.com，或(b)傳 真至(852) 2890 9350，或(c)以郵遞寄回，向登記處免費索取刊發文件之印刷本。 閣下亦有權使用本函附上之表格B－更改選擇表格隨時免費更改收取公司之公司通訊之方式或語 ...