Core Viewpoint - FTSE Russell has updated its semi-annual adjustment list for the FTSE Global Equity Index Series in September, including China Ruyi (00136) in the FTSE China Large Cap Index, which consists of large market capitalization, high liquidity, and industry-leading companies [1] Group 1 - Inclusion in international indices typically leads to broader capital attention and liquidity premium [1] - With the allocation of passive funds such as index funds, the company is expected to attract more incremental capital, enhancing trading activity and providing more support for its stock price [1] - The endorsement from FTSE Russell will increase the company's visibility and credibility in the global market, laying the foundation for attracting quality capital and expanding partnerships, thus aiding in the release of long-term value [1]

Core Viewpoint - FTSE Russell has updated its semi-annual adjustment list for the FTSE Global Equity Index Series in September, with China Ruyi (00136) being included in the FTSE China Large Cap Index, which consists of large market capitalization, high liquidity, and industry-leading companies [1] Group 1 - Inclusion in international indices typically leads to broader capital attention and liquidity premium [1] - With the addition of passive capital allocation such as index funds, the company is expected to receive more incremental funds, enhancing trading activity and providing more support for its stock price [1] - FTSE Russell's endorsement will increase the company's visibility and credibility in the global market, laying the foundation for attracting quality capital and expanding partnerships, thus aiding in long-term value release [1]

Core Viewpoint - The recent semi-annual adjustment of the FTSE Global Equity Index Series has included several Hong Kong stocks, indicating a shift in market dynamics and highlighting the performance of certain sectors, particularly gold and biopharmaceuticals [1][2][3]. Group 1: Index Adjustments - Chifeng Jilong Gold Mining (06693) and Laopuhuang Gold (06181) have been included in the FTSE China Large Cap Index for the first time, while 11 Hong Kong stocks, including SF Express (09699) and SOTY Technology (02498), have been added to the FTSE China Small Cap Index [1][2]. - The FTSE Global Equity Index Series categorizes stocks into four market capitalization tiers based on free float market capitalization, which excludes strategic holdings and locked shares [1]. Group 2: Market Performance - The newly included stocks have shown significant price increases this year, with Chifeng Jilong Gold rising over 120% and Laopuhuang Gold increasing by over 200%, reflecting strong sector performance [3]. - The biopharmaceutical sector has also seen substantial growth, with companies like Rongchang Bio (09995) and Sanofi (01530) experiencing stock price increases of nearly 670% and a market capitalization exceeding 77 billion HKD, respectively [3][5]. Group 3: Company Highlights - Chifeng Jilong Gold focuses on gold mining and resource recovery, reporting a net profit of 1.107 billion RMB in the first half of 2025, a year-on-year increase of 55.79% [4]. - Laopuhuang Gold, which went public on June 28, 2024, has seen its stock price surge by 204.65% this year, making it the highest-priced stock in the Hong Kong market [4]. - SF Express, as the largest third-party instant delivery platform in China, has seen steady growth in market capitalization and liquidity since its listing in December 2021, with a target price of 20 HKD set by Daiwa [4]. - Sanofi has gained attention due to a significant business development deal with Pfizer, leading to a market capitalization of 77 billion HKD [5]. - Fourth Paradigm (06682) has received positive outlooks from multiple brokerages, with target prices raised due to its strong position in the AI sector [6].

Core Viewpoint - China Ruyi (00136) is experiencing a significant stock price increase, attributed to strategic acquisitions and investments aimed at enhancing its gaming and entertainment capabilities [1] Company Summary - China Ruyi's stock rose over 6% towards the end of trading, with a current price of 2.89 HKD and a trading volume of 418 million HKD [1] - The company plans to acquire 100% of ByteDance's Youai Interactive, 30% of Tencent's Yonghang Technology, and 30% of Kuaiqian, while also investing in 52Toys, which will strengthen its self-developed and publishing capabilities in gaming [1] - The acquisitions will help China Ruyi form new growth drivers and strategically position itself in emerging sectors such as IP derivatives, cross-border payments, and digital RMB [1] Industry Summary - The film industry is expected to recover steadily by 2025, enhancing the competitive advantage and market share of quality film leaders [1] - The orderly launch of gaming projects is anticipated to contribute to performance elasticity, while the streaming service, Pumpkin Film, is expected to generate incremental revenue in the film channel [1] - AI technology is projected to reduce costs and improve efficiency in the film industry [1] - Revenue projections for China Ruyi are estimated at 4.84 billion CNY and 5.89 billion CNY for 2025 and 2026, respectively, with year-on-year growth rates of 32% and 22% [1] - Net profit forecasts for the same years are 1.64 billion CNY and 2.03 billion CNY [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of China Ruyi (00136), which rose over 6% towards the end of trading, with a current price of 2.89 HKD and a trading volume of 418 million HKD [1] - Guohai Securities reports that China Ruyi will acquire 100% of the shares of Youai Interactive Entertainment, a subsidiary of ByteDance, and 30% of shares from both Yonghang Technology, a Tencent subsidiary, and Kuaiqian, along with an investment in 52Toys, enhancing its game self-research and publishing capabilities [1] - The strategic acquisitions are expected to create new growth drivers for the company, focusing on IP derivatives, cross-border payments, and digital RMB, which are considered blue ocean markets [1] Group 2 - Tianfeng Securities indicates that the film industry is expected to recover steadily by 2025, which will enhance the competitive advantages and market share of quality film leaders [1] - The orderly launch of game projects is anticipated to contribute to performance elasticity, while the streaming service, Pumpkin Film, is expected to generate additional revenue from the film channel [1] - AI in film production is projected to reduce costs and increase efficiency, with revenue forecasts for China Ruyi at 4.84 billion and 5.89 billion CNY for 2025 and 2026 respectively, representing year-on-year growth rates of 32% and 22% [1]

China Ruyi Holdings Limited 中國儒意控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：136） 於本公司網站登載公司通訊之通知 代表 中國儒意控股有限公司 董事長 柯利明 謹啟 二零二五年九月十八日 附件 附註： 公司通訊指由本公司發出或將予發出以供本公司證券持有人參照或採取行動之任何文件，其中 包括但不限於年報、中期報告、會議通告、上市文件、通函及代表委任表格。 致本公司證券之非登記持有人： 中國儒意控股有限公司（「本公司」）現謹通知 閣下，本公司之下述文件（「近期公司通訊」）之 英文及中文本，現已登載於本公司網站http://www.ryholdings.com（「本公司網站」）及香港聯合 交易所有限公司網站www.hkexnews.hk（「聯交所網站」）： 1. 截至二零二五年六月三十日止六個月之中期報告。 閣下可在本公司網站主頁「投資者關係」一欄選擇「中期報告」或在聯交所網站閱覽近期公司 通訊。 為了支援通過電郵進行電子通訊，建議非登記股東向代其持有股份的銀行、經紀、託管商或 代理人（統稱「中介機構」）提供其有效的電郵地址。如本公司沒有收到 閣下的中介機構透過 香港 ...

China Ruyi Holdings Limited 中國儒意控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：136） 通知函件 致列位股東： 中 國 儒 意 控 股 有 限 公 司（「本 公 司 」）現 謹 通 知 閣 下，本 公 司 之 下 述 文 件（「近 期 公 司 通 訊 」）之 英 文 及 中文本，現已登載於本公司網站http://www.ryholdings.com（「本 公 司 網 站」）及 香 港 聯 合 交 易 所 有 限 公 司 網 站 www.hkexnews.hk（「聯交所網站」）： 1. 截至二零二五年六月三十日止六個月之中期報告。 閣下可在本公司網站主頁「投資者關係」一欄選擇「中期報告」或在聯交所網站閱覽近期公司通訊。 倘 閣下因任何理由在收取或下載於本公司網站登載之近期公司通訊上有任何困難，本公司將在接獲 閣下 之要求時，即時向 閣下免費寄發近期公司通訊之印刷本。 此外， 閣下有權於任何時間填妥隨附之要求表格及利用所提供之郵寄標籤寄回本公司之香港股份過戶登 記分處卓佳證券登記有限公司（「香港股份登記分處」），更改收取公司通訊 (附註1) 之方式之選擇（即收取公司 通 ...

China Ruyi Holdings Limited 中國儒意控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：136） 致列位股東： 中國儒意控股有限公司（「本公司」）之公司通訊 本公司欣然隨附下列本公司之公司通訊（「近期公司通訊」），以供 閣下閱覽： 1. 截至二零二五年六月三十日止六個月之中期報告。 閣下有權於任何時間填妥隨附之要求表格及利用所提供之郵寄標籤寄回本公司之香港股份 過戶登記分處卓佳證券登記有限公司（「香港股份登記分處 」），更改收取公司通訊 (附註1) 之方 式 之 選 擇（即 收 取 公 司 通 訊 之 印 刷 本，或 透 過 本 公 司 網 站 取 得 公 司 通 訊）。 閣下亦可以書 面通知香港股份過戶登記分處，地址為香港夏慤道16號遠東金融中心17樓，或透過電郵至 is-ecom@vistra.com提出要求，註明姓名、聯絡電話號碼、地址及要求。 近期公司通訊之英文及中文本現以可供閱覽之格式登載於本公司網站http://www.ryholdings.com， 亦已呈交香港聯合交易所有限公司以登載於其網站www.hkexnews.hk。 為了支援通過電子郵件進行電子通訊，本 ...

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，並明確表示概不就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 Ruyi Holdings Limited 中 國 儒 意 控 股 有 限 公 司 （ 於百慕達註冊成立之有限公司） （股份代號：136） 本公司股東及潛在投資者於買賣本公司證券時務請審慎行事。 訂立有關根據一般授權發行新股份之補充協議 茲提述中國儒意控股有限公司（「本公司」）日期為二零二五年八月一日關於根據一般授權發 行新股份的公告（「該公告」）及二零二五年八月十八日關於根據一般授權發行第一批認購股 份。除另行界定者外，本公告所用詞匯與該公告所界定者具有相同涵義。 於二零二五年九月十一日，本公司與認購方訂立認購協議之補充協議（「認購補充協議」）， 並與配售代理訂立配售協議之補充協議（「配售補充協議」）。認購補充協議及配售補充協議 的主要條款如下： – 1 – 1. 各方同意將第二批認購股份（ 455,000,000股認購股份 ）及第三批認購股份（ 455,000,000股 認購股份 ）合併配 ...

Core Viewpoint - Tianfeng Securities maintains a "buy" rating for China Ruyi, forecasting revenue of 4.84 billion and 5.89 billion yuan for 2025 and 2026 respectively, with net profits of 1.64 billion and 2.03 billion yuan, indicating a recovery in the film industry and growth in gaming projects [1][2] Group 1: Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.206 billion yuan, a year-on-year increase of 19.93%, and net profit of 1.228 billion yuan, reversing a loss of 123 million yuan from the previous year [1] - Adjusted profit for the same period was 1.303 billion yuan, reflecting a substantial year-on-year growth of 140% [1] - Revenue from content production, online streaming services, online gaming services, and merchandise sales for the first half of 2025 were 570 million, 406 million, 1.210 billion, and 20 million yuan respectively, with significant changes of 1085%, -55%, 40%, and 10% [1] Group 2: Strategic Investments - The company invested in Wanda Film to enhance the entire industry chain from content creation to terminal screening, leveraging Wanda's audience data and consumer insights for market positioning [2] - A strategic investment was made in Beijing Lezi Tiancheng Cultural Development Co., Ltd. to tap into the high-growth market of trendy toys and collectibles, further deepening the IP value chain [2] - In July 2025, the company initiated a 30% equity acquisition of Kuaiqian Financial Services (Shanghai) Co., Ltd., aiming to build a "culture + technology + finance" ecosystem [2]