Group 1 - The Hong Kong Stock Exchange reported that on February 26, shareholders of New Ji'ao Motorhome (00805) deposited stocks into First Shanghai Securities, with a market value of HKD 96.2251 million, accounting for 8.79% [1] - New Ji'ao Motorhome recently announced the appointment of Mr. Zhu Jihao as the Chief Financial Officer, effective from February 3, 2026 [1]

Group 1 - The core point of the article is that New Ji'ao Motorhome (00805) has deposited shares worth HKD 96.2251 million into First Shanghai Securities, representing 8.79% of the total shareholding [1] - New Ji'ao Motorhome has announced the appointment of Mr. Zhu Jihao as the Chief Financial Officer, effective from February 3, 2026 [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: | 2026年1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: | 第一上海投資有限公司 | | | 呈交日期: | 2026年2月5日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.2.0 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 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) | 00227 | 說明 | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,190,679,905 | | 0 | | 2,190,679,905 | | 增加 / 減少 (-) ...

Core Viewpoint - The recent stock transfer of 加幂科技 (08198) indicates a significant movement in shareholder interests, with a total market value of HKD 128 million being transferred, representing 8.01% of the company [1] Group 1: Shareholder Activity - On January 26, 加幂科技's shareholders transferred shares from 力高证券 to 第一上海证券公司, with a total market value of HKD 128 million [1] - This transfer represents 8.01% of the company's total shares [1] Group 2: Placement Agreement - 加幂科技 announced that all conditions precedent for the placement agreement have been fulfilled as of November 11, 2025 [1] - A total of 32 million shares were placed, accounting for approximately 4.5% of the company's enlarged issued share capital of 718 million shares post-placement [1] - The total gross proceeds from the placement amounted to approximately HKD 99.5 million, with net proceeds of about HKD 99.2 million after deducting commissions and related costs [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: | 第一上海投資有限公司 | | | 呈交日期: | 2026年1月5日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 | 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) | 00227 | | 說明 | | | | | | | | | | 股份期權計劃詳情 | 上月底結存的股份期權數 | | 本月內變動 | | 本月底結存的股份期權數 | | 本月內因此發行的新股數 | 本月内因此自庫存轉讓的 | 本月底因此可能發行或自 | 本月底可於所有根據計劃 | 授 ...

Group 1 - The core viewpoint is that Jiaxin International Resources (03858) is at a critical value release point, possessing world-class core assets, and is a rare pure tungsten mining target in the market, with a high safety margin and attractiveness in its current stock price [1] - The company is headquartered in Kazakhstan and focuses on tungsten mining, with its core asset being the Bakuta tungsten project. Its business model covers the entire chain of exploration, mining, processing, and sales of tungsten concentrate [2] - The company plans to explore more investment opportunities in non-ferrous metal resources in Central Asia, following the commencement of commercial production at the Bakuta tungsten mine in April 2025 [2] Group 2 - The company has a unique integrated model in its biomass business, which includes biomass direct combustion power generation, biomass heating, and integrated biomass and waste power generation, effectively reducing overall development and operational costs [3] - The company currently handles 42 types of hazardous waste, with a project IRR exceeding 20%. The hazardous waste disposal prices range from 2,000 to 17,000 yuan per ton, with an average price of 2,732 yuan per ton in 2017, reflecting a year-on-year increase of 13.4% [4]

Group 1 - The core viewpoint of the report is that Jiaxin International Resources (03858) is at a critical value release point, possessing world-class core assets, which lays the foundation for long-term growth [1] - The company is a rare pure tungsten mining entity, with its current stock price offering a high margin of safety and attractiveness [1] - The company is headquartered in Kazakhstan and its core asset is the Bakuta tungsten project, covering the entire value chain from exploration to sales of tungsten concentrate [2] Group 2 - The company plans to use funds raised from its IPO for capacity expansion, deep processing layout, and debt repayment [2] - The Bakuta tungsten mine commenced commercial production in April 2025, and the company aims to explore more investment opportunities in non-ferrous metal resources in Central Asia [2] - The company has a unique integrated model in its biomass business, which effectively reduces overall project development and operational costs [3] Group 3 - The company currently handles 42 types of hazardous waste, with projects primarily located in regions with abundant hazardous waste production [4] - The internal rate of return (IRR) for hazardous waste projects exceeds 20%, with disposal prices ranging from 2,000 to 17,000 yuan per ton [4] - The average hazardous waste disposal price in 2017 was 2,732 yuan per ton, reflecting a year-on-year increase of 13.4% [4]

Market Overview - On December 23, the A-share market saw all three major indices close higher, with a total trading volume of 1.92 trillion yuan, an increase of over 30 billion yuan compared to the previous trading day [1] - More than 1,500 stocks closed higher, with 68 stocks hitting the daily limit [1] - Leading sectors included fluorine chemicals, PET copper foil, and liquid cooling servers, while sectors such as terahertz technology, military informationization, and horse racing experienced declines [1] Historical Highs - A total of 43 stocks reached historical closing highs, excluding newly listed stocks from the past year [2] - The electronics, non-ferrous metals, and machinery equipment sectors had a significant concentration of stocks reaching new highs, with 11, 7, and 7 stocks respectively [2] - The average increase for stocks that reached historical highs was 6.66%, with notable performers including Tongfei Co., Yidong Electronics, and Meai Technology, all hitting the daily limit [2] Stock Performance - Notable stocks that reached historical highs included: - Tongfei Co. (300990) with a closing price of 93.00 yuan, up 20.00% - Yidong Electronics (301123) at 72.53 yuan, also up 20.00% - Meai Technology (688376) at 64.20 yuan, up 20.00% [3] - Other significant gainers included Suzhou Tianmai, Anda Intelligent, and Ding Tai High-Tech, with increases of 16.08%, 15.51%, and 11.88% respectively [3] Northbound Capital Flow - In the northbound trading, 15 stocks saw net buying, with 6 stocks exceeding 100 million yuan in net purchases [4] - The top net buyer was Duofluor (002407) with 210 million yuan, followed by Guoji Precision Engineering and Kangzhi Pharmaceutical, both over 150 million yuan [4] - Conversely, Meai Technology faced significant net selling of 137 million yuan, followed by N Xihua and Tianji Shares, both exceeding 90 million yuan [4] Company Announcements - Oriental Yuhong (002271) reported a telecom fraud incident involving approximately 1.7183 million USD (about 12.118 million yuan), which is not expected to significantly impact its operations [8] - China Power Construction (601669) announced a contract worth approximately 6.626 billion yuan for a natural gas booster station project in Turkey, with a duration of about 55 months [8] - Zhenyu Technology (300953) plans to issue convertible bonds to raise up to 1.88 billion yuan for expansion projects [9] - Kinko Environment (688466) intends to acquire 100% of Tangshan Eric Environmental Technology Co., Ltd. for a total consideration of 84.8 million yuan [9] - Ningbo Port (601018) plans to acquire 100% of a subsidiary for 706 million yuan to resolve competition issues [9] - Baosheng Co. (600973) has won a significant overseas order worth approximately 1.2 billion yuan from Singapore Power [9]

Core Viewpoint - The company, Oriental Yuhong (002271), reported that its wholly-owned subsidiary in the U.S., OYH Construction Materials LLC, fell victim to a telecom fraud involving approximately $1.7183 million (about 12.118 million RMB) [2] Group 1 - The fraud occurred when criminals hacked into the email of the general contractor and impersonated them to request payment during the construction progress payment process [2] - OYH Construction Materials LLC has reported the incident to local law enforcement, including the Harris County Sheriff's Office and Woodstock Police Department, as well as the FBI [2] - The company has established a special task force to investigate the incident, manage aftermath, and implement risk control measures [2][3] Group 2 - The management of the company is taking the incident seriously and is actively enhancing internal control management, focusing on overseas subsidiaries, payment approval processes, and cybersecurity [3] - The company aims to identify potential risks, rectify issues promptly, and strengthen internal controls and governance mechanisms [3] - The company will fully cooperate with law enforcement to recover losses to the greatest extent possible [3]

Core Viewpoint - Oriental Yuhong's wholly-owned subsidiary in the U.S., OYH Construction Materials LLC, is suspected to have fallen victim to a telecom fraud involving approximately $1.7183 million (about 12.118 million RMB) [1][4]. Group 1: Incident Details - The fraud occurred when criminals hacked into the email of the general contractor and forged their identity to request payment [4]. - OYH Construction Materials has reported the incident to local law enforcement and the FBI [4]. - The company has established a special task force to investigate the incident and manage risk control [4]. Group 2: Financial Performance - For the first three quarters of the year, Oriental Yuhong reported a revenue of 20.6 billion RMB, a decrease of 5.06% year-on-year [5][6]. - The net profit attributable to shareholders was 810 million RMB, down 36.61% compared to the previous year [5][6]. - The basic earnings per share were 0.1027 RMB, reflecting a decline of 26.64% year-on-year [6].