Core Viewpoint - China Merchants China Fund (00133) announced the establishment of a new temporary management agreement with China Merchants China Investment Management, effective December 22, 2025, to ensure continuous investment management operations after the current agreement expires on December 31, 2025 [1] Group 1 - The existing temporary management agreement will expire on December 31, 2025 [1] - The new temporary management agreement is aimed at providing sufficient time for the company to consider and make decisions regarding its investment management [1] - The management period under the new agreement will commence immediately after the expiration of the current agreement [1]

Core Viewpoint - China Merchants China Fund (00133) announced a new temporary management agreement with China Merchants China Investment Management, effective December 22, 2025, to ensure continuity in investment management operations as the current agreement expires on December 31, 2025 [1] Group 1 - The existing temporary management agreement will expire on December 31, 2025 [1] - The new temporary management agreement is aimed at providing sufficient time for the company to consider and make decisions regarding its investment management [1] - The management period under the new agreement will commence immediately after the expiration of the current agreement [1]

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。 CHINA MERCHANTS CHINA DIRECT INVESTMENTS LIMITED 招商局中國基金有限公司 （於香港註冊成立之有限公司） （股份代號：133） 關連交易 臨時重新委任招商局中國投資管理有限公司 為投資經理 兹參照本公司於 2024 年 11 月 29 日刊發的投票表決結果公告，以及本公司刊發關於因 2024 年 11 月 29 日舉行之首場股東特別大會及次場股東特別大會的投票表決結果而就有關委任投資經理之事 項的該公告。誠如該公告所披露，於首場股東特別大會上所提呈就批准三年期管理協議及建議年 度上限費用之普通決議案未獲通過。因此，三年期管理協議未能生效並因而終止。為確保本公司 的投資管理運作得以持續，本公司與招商局中國投資管理於 2024 年 12 月 17 日就臨時重新委任招 商局中國投資管理為本公司投資經理訂立了現有管理協議，並與招商局中國投資管理於 2025 年 6 ...

Group 1 - The A-share market saw all three major indices open higher, with the ChiNext Index rising over 2% and the Sci-Tech 50 Index increasing nearly 2% [1] - The Hainan Free Trade Zone concept remains strong, with Hainan Development achieving two consecutive trading days of gains and Haikou Group hitting the daily limit [8] - The commercial aerospace sector is experiencing a resurgence, with Shenjian Co. achieving three consecutive trading days of gains and Beidou Xingtong hitting the daily limit [9] Group 2 - Victory Energy (001331) has achieved a seven-day consecutive limit-up, with a cumulative increase of 77.22% since December 12, significantly deviating from market trends [4][6] - The company announced that its main business remains the procurement, transportation, and sales of liquefied natural gas, with no significant changes [6] - The stock transfer agreement signed by the controlling shareholder indicates a change in control to Qiteng Robotics, with no plans for asset restructuring in the next 12 months [6] Group 3 - The new consumption concept stocks in the Hong Kong market are performing well, with Mixue Group rising over 5% and Pop Mart increasing nearly 4% [12] - Institutional research reports suggest that the consumption sector will continue to see structural growth opportunities driven by technological advancements and policy support through 2026 [12] Group 4 - The Hainan Free Trade Port officially commenced operations on December 18, with Sanya reporting a duty-free sales figure of 1.18 billion yuan on the first day, reflecting a year-on-year increase of 85% [8] - The demand for space computing and the maturation of reusable rocket technology are expected to drive rapid growth in China's commercial aerospace sector [11] - The intelligent driving sector is also active, with Zhejiang Shibao achieving five consecutive trading days of gains following the announcement of the first L3-level autonomous driving license plate in Chongqing [11]

Core Viewpoint - The acquisition of Shengtong Energy by Qiteng Robotics marks a significant strategic move in the LNG logistics sector, with Qiteng Robotics set to become the controlling shareholder through a combination of share transfer and partial tender offer, reflecting a growing interest in the energy and robotics industries [2][3]. Group 1: Company Overview - Shengtong Energy, established in 2012 and listed on the A-share market in 2022, specializes in LNG procurement, transportation, sales, and crude oil transportation services [2]. - In the first three quarters of the current year, Shengtong Energy reported a net profit attributable to shareholders of 44.39 million yuan, representing a year-on-year increase of 83.58% [2]. Group 2: Acquisition Details - Qiteng Robotics plans to acquire up to 44.99% of Shengtong Energy for over 1.6 billion yuan through a two-step strategy, which includes the transfer of 84.64 million shares at a price of 13.28 yuan per share and a subsequent tender offer for 42.34 million shares at the same price [3]. - The transaction will result in a change of actual control of Shengtong Energy to Zhu Dong, the chairman and legal representative of Qiteng Robotics [3]. Group 3: Qiteng Robotics Profile - Founded in 2010, Qiteng Robotics focuses on the design, research, development, production, sales, and service of special robots, particularly for high-risk scenarios, and has established a leading position in the emergency safety sector [3]. - The company has a strong market presence, with over 90% market share in its primary products, which include explosion-proof robots for the petrochemical industry [4]. Group 4: Financial Performance of Qiteng Robotics - Qiteng Robotics has shown consistent growth, with projected net profits of 54.01 million yuan, 86.42 million yuan, and 118 million yuan from 2022 to 2024, alongside increasing net assets [4].

Group 1 - Bona Film Group's stock experienced a significant decline, hitting a limit down at 10.82 CNY per share on December 16, following a 9.96% drop on December 15 [2][4] - The company had previously seen a rise in stock price over nine consecutive trading days, attributed to its indirect investment in "Avatar 3" [2][4] - As of December 16, the pre-sale box office for "Avatar 3" exceeded 480 million CNY [2] Group 2 - "Avatar 3," directed by James Cameron, is set to be released on December 19, with advanced screenings starting on December 18 [4] - Bona Film Group has issued multiple announcements regarding abnormal stock trading fluctuations, with significant price deviations noted on several occasions throughout December [4] - The company reported a revenue of 972 million CNY for the first three quarters of 2025, reflecting a slight year-on-year increase of 1.29%, but also reported a net loss of 1.109 billion CNY, which is a 213.11% increase in losses compared to the previous year [4][5] Group 3 - Despite the recent stock price increase, the company cautioned investors about the uncertainty of box office revenues for "Avatar 3," as it has not yet premiered globally [5] - The company's subsidiary holds a low percentage of investment return rights for "Avatar 3," indicating limited short-term impact on financial performance [5]

招商局中国基金(00133.HK)公布，于2025年11月30日之未经审计每股资产净值为5.538美元(43.11港元)。 本文源自：财华网 ...

Core Viewpoint - China Merchants China Fund (00133) announced that its unaudited net asset value per share as of November 30, 2025, is $5.538 (43.11 HKD) [1] Group 1 - The company reported an unaudited net asset value per share of $5.538 [1] - The equivalent value in Hong Kong dollars is 43.11 HKD [1]

智通财经APP讯，招商局中国基金(00133)发布公告，本公司于2025年11月30日的未经审计每股资产净值 为5.538美元(43.11港元)。 ...

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。 CHINA MERCHANTS CHINA DIRECT INVESTMENTS LIMITED 招商局中國基金有限公司 (於香港註冊成立之有限公司) （股份代號：133） 本公司於 2025 年 11 月 30 日之未經審計每股資產淨值為 5.538 美元(43.11 港元)。 香港，2025 年 12 月 15 日 於本公告日期，本公司執行董事為王效釘先生及簡家宜女士；非執行董事為周星先 生、姚望女士、柯世鋒先生及鄒傳先生；及獨立非執行董事為曾華光先生、厲放博 士、宮少林博士、 Michael Charles VITERI 先生及朱琦先生。 ...