Summary of Key Points Core Viewpoint - As of November 21, 14 stocks reached their 52-week highs, with Hengfa Optical (01134), Chaowei Holdings (08059), and Cassava Resources (00841) leading the gains at 42.11%, 30.56%, and 22.49% respectively [1]. 52-Week Highs - Hengfa Optical (01134) closed at 0.375, with a peak price of 0.540, marking a 42.11% increase [1]. - Chaowei Holdings (08059) closed at 0.030, reaching a high of 0.047, reflecting a 30.56% rise [1]. - Cassava Resources (00841) closed at 0.200, with a maximum price of 0.207, indicating a 22.49% increase [1]. - Other notable stocks include Sibor Systems (08319) at 15.04%, MOS HOUSE (01653) at 11.46%, and Tianjin Jianfa (02515) at 5.19% [1]. 52-Week Lows - China Pengfei Group (03348) reached a low of 1.100, down 20.09% from its peak [1]. - China Information Technology (08178) closed at 0.285, reflecting a 19.35% decrease [1]. - XL Ernan Strategy - U (09799) saw a decline of 14.27% [1]. - Other significant declines include Hesai - W (02525) at -10.54% and MBC Bitcoin - U (03425) at -9.09% [1]. Additional Notable Stocks - Stocks like MBC Bitcoin (03430) and Tongyuan Kang Pharmaceutical - B (02410) also experienced declines of 6.64% and 6.62% respectively [2]. - The overall trend indicates a mix of significant gains in certain stocks while others are facing substantial losses, reflecting a volatile market environment [1][2].

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10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: Cosmopolitan International Holdings Limited (四海國際集團有限公司) (於開曼群島註冊成立之有限公司) (「本公司」) 呈交日期: 2025年11月6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) | 00120 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 12,060,239,047 | HKD | | 0.02 HKD | | 241,204,780.96 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | ...

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佈之內容概不負責，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佈全部或任何部份內容而產生或因倚賴該等內容而引致之 任何損失承擔任何責任。 承董事會命 Cosmopolitan International Holdings Limited 林秀芬 秘書 香港，二零二五年十月三十一日 於本公佈刊發日期，董事會包括下列成員： 羅旭瑞先生 （主席兼行政總裁） 羅俊圖先生 （副主席兼董事總經理） 羅寶文女士 （副主席） 黃寶文先生 （首席營運官） 梁蘇寶先生 （首席財務官） 吳季楷先生 執行董事： 獨立非執行董事： 龐述英先生 簡麗娟女士 李家暉先生，MH 石禮謙先生，GBS，JP (股份代號：120) 更改在香港之總辦事處及主要營業地點 Cosmopolitan International Holdings Limited（「本公司」）之董事會（「董事會」）公佈， 自二零二五年十一月三日起，本公司在香港之總辦事處及主要營業地點將更改為： 香港銅鑼灣怡和街68號20樓 本公司之電話及傳真號碼維持不變。 ...

Market Overview - A-shares opened high and continued to rise, with technology growth stocks leading the gains, and the ChiNext Index rising over 3% to reclaim the 3000-point mark [1] - Over 4200 stocks increased in value, with stable trading volume [1] - Sectors such as humanoid robots, chips, consumer electronics, and aerospace equipment saw significant gains, while precious metals, medical beauty, aquaculture, and telecommunications services experienced declines [1] Humanoid Robot Sector - The humanoid robot industry chain saw a strong performance, particularly in the motor manufacturing sector, with the index rising over 4% [2] - Huari Co., Ltd. hit a 20% daily limit, reaching a new high for the year, while other companies like Dayang Electric and Mingzhi Electric also saw significant increases [2] - UBTECH Robotics won a project worth 126 million yuan for the procurement and installation of humanoid robot equipment, adding to its total orders exceeding 630 million yuan for the year [3] Chip Industry - The chip sector collectively surged, with the index rising over 2% [4] - Companies like Jingwei Huikai and Sanfu Co. reached their daily limit, with multiple stocks experiencing gains of over 10% [4] - The global storage chip prices have been rising, with solid-state drive prices increasing by over 40% in the past month and a half [6] - The semiconductor industry is expanding due to sustained demand from AI computing, data centers, and smart driving [7] Future Outlook - The global humanoid robot market is projected to exceed $50 billion by 2025, with a compound annual growth rate of 75% [3] - The global storage revenue is expected to reach $200 billion by 2025, driven by demand from AI smartphones, PCs, and servers [6]

Core Viewpoint - The company, Jingwei Huikai, announced a cash acquisition plan for 100% equity of Zhongxing System Technology Co., Ltd. for a total price of 850 million yuan, aiming to enter the high-growth private network communication sector [1][4]. Group 1: Acquisition Details - Jingwei Huikai plans to acquire Zhongxing System, which specializes in private network communication systems, industrial internet products, and comprehensive digital technology services [1]. - The acquisition will allow Jingwei Huikai to consolidate Zhongxing System's operations into its financial statements, enhancing its market position [1]. Group 2: Industry and Market Potential - The demand for private network communication is deepening and diversifying, with significant market opportunities in energy (smart grids), transportation (smart traffic), and industrial manufacturing (industrial internet) [2]. - Emerging scenarios such as low-altitude economy (drone communication) and smart healthcare (remote surgery) are expected to provide new growth points for private network communication [2]. - The Belt and Road Initiative and emerging markets are focusing on rail transit and smart city projects, presenting substantial international market opportunities for domestic solutions [2]. Group 3: Zhongxing System's Capabilities - Zhongxing System holds 28 authorized patents and 57 software copyrights, with core patents covering key technologies in private network communication [2]. - The company has achieved CMMI5 certification, indicating its high-level software development and project management capabilities, and has received industry recognition for its project delivery [2]. Group 4: Financial Commitments and Strategic Fit - Zhongxing System's shareholders have committed to a cumulative net profit of no less than 215 million yuan for the years 2025, 2026, and 2027 [4]. - The acquisition is expected to alleviate performance pressure from Jingwei Huikai's existing businesses, which face slow growth, by providing access to the high-growth private network communication sector [4]. - There are potential synergies between Jingwei Huikai's existing product range and Zhongxing System's capabilities, particularly in rail transit and industrial sectors [4]. Group 5: Strategic Synergies - The acquisition is anticipated to create significant synergies in the semiconductor field, enhancing Jingwei Huikai's market reach and technical capabilities in the communication industry [5]. - Zhongxing System's expertise in communication technology is expected to bolster Jingwei Huikai's strategic positioning in the semiconductor sector, promoting domestic alternatives in the RF front-end industry [5].

Core Viewpoint - The company, Jingwei Huikai, announced a cash acquisition plan for 100% equity of Zhongxing System Technology Co., Ltd. for 850 million yuan, aiming to enter the high-growth private network communication sector [2][6]. Group 1: Acquisition Details - Jingwei Huikai plans to acquire Zhongxing System for a total price of 850 million yuan, which will be fully consolidated into its financial statements post-acquisition [2]. - Zhongxing System specializes in private network communication systems, industrial internet products, and comprehensive digital technology services, covering the entire business chain from design to operation [2][3]. Group 2: Industry Position and Growth Potential - The private network communication industry is experiencing deepening and diversified demand, with significant market opportunities in sectors such as energy, transportation, and industrial manufacturing [3]. - Emerging scenarios like low-altitude economy and smart healthcare are creating new growth points for private network communication [3]. - Zhongxing System is recognized as a national-level "little giant" enterprise and has received various accolades, including the Guangdong Provincial Science and Technology Progress Award [2][4]. Group 3: Business Strategy and Synergies - The acquisition will allow Jingwei Huikai to enter the high-growth private network communication field, alleviating performance pressure from its existing businesses [6]. - There is potential for synergy between Zhongxing System's communication capabilities and Jingwei Huikai's semiconductor strategic layout, enhancing market reach and technological strength [6].

Core Viewpoint - Company Yiyi Co., Ltd. is planning to acquire Hangzhou Gao Ye Jia You Hao Duo Mao Pet Food Co., Ltd. and raise supporting funds through a share issuance and cash payment, leading to a temporary suspension of its stock trading starting October 14, 2025 [1][4]. Group 1: Acquisition Details - The acquisition is in the planning stage, with a preliminary agreement signed with the main counterparties, but no formal transaction agreement has been executed yet [1][4]. - The final transaction price will be determined based on an evaluation report from a qualified appraisal institution, and the transaction is not expected to constitute a related party transaction or a major asset restructuring [4][7]. Group 2: Company Background - Yiyi Co., Ltd. specializes in disposable hygiene care products, including pet hygiene products, which accounted for 93.91% of its total revenue in the first half of 2025 [7]. - The company has established partnerships with international retail chains and e-commerce platforms, exporting products to nearly 40 countries [7]. Group 3: Market Potential - The pet food market is identified as a significant growth area, with the potential to reach a market size of 267 billion yuan by 2025, according to KPMG's report [7][8]. - Yiyi Co., Ltd. has previously indicated intentions to strategically invest in the pet sector, including pet food, and aims to expand its product offerings through resource integration [8].

Market Overview - The market experienced increased volatility due to the National Day and Mid-Autumn Festival holidays, with only two trading days this week [1] - On Thursday, the Shanghai Composite Index broke through 3900 points, reaching a 10-year high, but fell back on Friday, losing the 3900-point level [1] - The total trading volume for the two days was 2.67 trillion yuan and 2.53 trillion yuan, respectively, showing an increase compared to the period before the holidays [1] Stock Performance - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index and ChiNext Index fell by 2.70% and 4.55%, respectively [2] - Notably, on Thursday, margin traders significantly increased their positions, with net purchases exceeding 50.8 billion yuan, marking a record high for the year and the second-highest in history [2] Sector Movements - There was a noticeable acceleration in sector rotation, characterized by event-driven, impulse-style trading [3] - On Thursday, gold-related stocks surged by 8.85% due to a spike in international gold prices, marking the second-largest single-day increase in history, but fell back the next day as gold prices corrected [3] - Chip sector stocks also saw a similar pattern, with a surge on Thursday followed by a significant decline on Friday [3] - The announcement of export controls on synthetic diamond products led to a brief rally in diamond-related stocks, which ultimately closed lower [3] Policy and Economic Outlook - The Ministry of Civil Affairs announced a nationwide subsidy program for elderly care services aimed at alleviating the burden on families caring for disabled elderly individuals [4] - As of October 8, 365,100 elderly individuals had received care service vouchers, with a total redemption amount of 182 million yuan, providing some financial relief [4] Future Market Expectations - Guosheng Securities anticipates that the upcoming third-quarter reports will enhance performance pricing power, with a focus on sectors like precious metals and AI computing [7] - Zhongyuan Securities noted that the Federal Reserve has initiated a rate-cutting cycle, which may lead to a more accommodative global liquidity environment, potentially boosting market risk appetite [7] - The report suggests a balanced investment approach focusing on both growth and value styles, with particular attention to TMT, pharmaceuticals, and securities sectors [7]

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: Cosmopolitan International Holdings Limited (四海國際集團有限公司) (於開曼群島註冊成立之有限公司) (「本公司」) 呈交日期: 2025年10月8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) | 00120 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 12,060,239,047 | HKD | | 0.02 | HKD | | 241,204,780.96 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | ...

(Stock Code: 120) Should you have any queries relating to this letter, please contact the Share Registrar in Hong Kong at (852) 2862 8688 during business hours from 9:00 a.m. to 6:00 p.m. (Hong Kong time), Mondays to Fridays, excluding Hong Kong public holidays. Yours faithfully, For and on behalf of Cosmopolitan International Holdings Limited Eliza Lam Sau Fun Company Secretary NOTIFICATION LETTER 29th September, 2025 Dear Non-registered Shareholder(s), Cosmopolitan International Holdings Limited (the "Com ...