Core Viewpoint - Shandong Zhanggu has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged violations of financial information disclosure in periodic reports, leading to a formal case being opened against the company [1]. Group 1: Regulatory Actions - The company will actively cooperate with the CSRC's investigation and will fulfill its information disclosure obligations as required by law [4]. - On December 18, 2025, Shandong Zhanggu received a corrective action order from the Shandong Securities Regulatory Bureau due to previous violations related to information disclosure [5]. - The corrective action order identified three main issues: 1. Violations in the approval and disclosure of related party transactions, including inaccuracies in the 2024 semi-annual and annual reports [6]. 2. Misuse of raised funds, including the purchase of non-principal guaranteed financial products and improper management of funds [6]. 3. Non-compliance in corporate governance, such as related shareholders acting as monitors during voting on related matters [6]. Group 2: Company Performance - In the first three quarters of the previous year, Shandong Zhanggu reported revenue of 1.459 billion yuan, a year-on-year decrease of 3.94%, and a net profit attributable to shareholders of 62 million yuan, down 39% year-on-year [8]. - As of December 31, 2025, the company's stock closed at 10.69 yuan per share, with an annual increase of over 13% [9].

Group 1 - The core point of the news is that Shandong Zhanggu (002598.SZ) has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged violations of financial information disclosure in periodic reports [2] - The company will actively cooperate with the CSRC's investigation, and its production and operational activities are currently normal and orderly, indicating that the investigation will not have a significant impact on its operations and management [2] Group 2 - The company's net profit has declined for two consecutive years, and its performance continues to be under pressure [6] - In the first three quarters of 2025, Shandong Zhanggu achieved operating revenue of 1.459 billion yuan, a year-on-year decrease of 3.94%; the net profit attributable to shareholders was 61.96 million yuan, a significant decline of 39.12% year-on-year; and the net profit after deducting non-recurring items was 54.72 million yuan, down 41.01% year-on-year [6] - The company's gross profit margin for the first three quarters was 27.01%, a decrease of 4.08 percentage points year-on-year; the net profit margin was 4.54%, down 2.55 percentage points year-on-year [6] - As of December 31, the company's stock closed at 10.69 yuan, down 0.56% on that day [6]

Group 1 - ST Bailing announced that Hainan Hongtian received an execution payment of 170 million yuan, which has been fully executed and will conclude on December 24, 2025 [1] - The remaining funds after deducting recovery costs and related expenses will be used to transfer the company's remaining 36% stake in Beijing Hongtian [1] - A framework agreement for the equity transfer was signed on December 29, 2025, among the involved parties, agreeing that Detianhou Company will acquire the remaining 36% stake [1] Group 2 - The final transaction price is currently undetermined due to several pending cases, including a 146 million yuan case with no received execution payment and a 150 million yuan case still under trial [1] - There is a risk that the effectiveness of the 170 million yuan case's judgment could be revoked if the other two cases do not yield favorable outcomes, which may affect the determination of the transaction price [1] - An agreement was made for Detianhou Company to pay 65 million yuan as a good faith deposit for the equity transfer within three days of signing the agreement [2]

YEEBO (INTERNATIONAL HOLDINGS) LIMITED 億都（國際控股）有限公司 (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） （Stock Code 股份代號：259） NOTIFICATION LETTER 通知信函 23 December 2025 Dear Non-registered Holder(s) (Note 1) , Yeebo (International Holdings) Limited (the "Company") – Notice of Publication of 2025/26 Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.yeebo.com.hk and ...

NOTIFICATION LETTER 通知信函 （於百慕達註冊成立之有限公司） （Stock Code 股份代號：259） 億都（國際控股）有限公司 (Incorporated in Bermuda with limited liability) 23 December 2025 Dear Registered Shareholders, Yeebo (International Holdings) Limited (the "Company") – Notice of Publication of 2025/26 Interim Report (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.yeebo.com.hk and the website of The Stock Exchange of Hong Kon ...

Financial Performance - The company reported a revenue of approximately HKD 554.3 million for the six months ended September 30, 2025, representing a 5.1% increase from HKD 527.3 million in the same period last year[10]. - Profit attributable to equity shareholders surged to approximately HKD 1,218.1 million, a significant increase of about HKD 1,121 million compared to HKD 97.1 million in the previous year[15]. - The gross profit decreased to HKD 64.6 million, down 21.2% from HKD 82 million in the same period last year, with a gross margin decline of 3.8 percentage points to 11.7%[12]. - The net profit for the six months was HKD 1,211,274,000, significantly up from HKD 95,656,000 in 2024, reflecting a year-on-year increase of 1,166.5%[54]. - Basic earnings per share increased to 131.3 HK cents from 10.5 HK cents in the previous year, marking a substantial rise of 1,150.5%[54]. - The company recognized a share of losses from associates amounting to HKD 17,734,000, compared to a profit of HKD 40,793,000 in the previous year[53]. - The company reported a net foreign exchange loss of HKD 11,430,000 for the six months ended September 30, 2025, compared to a loss of HKD 6,683,000 in the previous year[66]. - The company's income tax expense for the six months ended September 30, 2025, was HKD 126,734,000, compared to HKD 9,874,000 for the same period in 2024, reflecting a significant increase[71]. Investments and Assets - The company achieved a notable increase in fair value gains on financial assets, rising from HKD 17.2 million to HKD 1,342.2 million, primarily due to changes in the fair value of its stake in Nantong Jianghai Capacitor Co., Ltd.[13]. - The company holds 117,442,410 shares in Nantong Jianghai, with a fair value of approximately HKD 3.9 billion as of September 30, 2025[7]. - The total assets of the group as of September 30, 2025, were approximately HKD 5,644,900,000, with liabilities of HKD 784,200,000 and total equity of HKD 4,860,700,000[21]. - The fair value of financial assets measured at fair value through profit or loss increased to HKD 4,228,020,000 as of September 30, 2025, from HKD 2,741,250,000 as of March 31, 2025[82]. - The equity investment in the listed associate in China was valued at HKD 1,283,496,000 as of September 30, 2025, an increase from HKD 1,094,244,000 as of March 31, 2025[78]. - Trade receivables as of September 30, 2025, amounted to HKD 212,855,000, with overdue receivables totaling HKD 55,722,000[88]. - Trade payables as of September 30, 2025, totaled HKD 142,735,000, with overdue payables amounting to HKD 17,306,000[89]. Capital Expenditures and Dividends - Capital expenditures for the period amounted to HKD 117.1 million, compared to HKD 106.6 million in the previous year, mainly for acquiring AI computing and related equipment[16]. - The board has decided not to recommend an interim dividend for the six months ending September 30, 2025[28]. - The company declared a final dividend of HKD 0.05 per share for the year ended March 31, 2025, totaling HKD 46,665,000, slightly down from HKD 47,141,000 in 2024[75]. - The company declared dividends amounting to HKD 45,947,000 during the period, consistent with previous distributions[57]. Strategic Initiatives - The company is strategically expanding its product portfolio to enter the automotive industry, laying the groundwork for future business growth[4]. - The group plans to enhance its market share in engineering machinery, medical equipment, and commercial appliances, while strategically entering the automotive display market[20]. - The AI computing and related business is positioned for significant growth in the rapidly expanding AI market in China, despite currently minimal revenue contribution[11]. - The group aims to reduce material procurement costs to strengthen its core cost competitiveness and maintain quality as a priority[20]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules[39]. - No significant non-compliance with the securities trading standard code was reported for the six months ending September 30, 2025[40]. - The audit committee consists of independent non-executive directors and has reviewed the accounting principles and practices adopted by the group[45]. - The company has adopted measures to ensure high levels of corporate governance, which are deemed crucial for its success[39]. Shareholder Information - As of September 30, 2025, the total issued shares of the company are 933,302,000[36]. - Mr. Li Guowei holds 108,504,000 shares, representing 11.63% of the company's issued share capital[30]. - Antrix Investment Limited directly holds 570,000,000 shares, accounting for 61.07% of the company's issued share capital[38]. - The company has no knowledge of any person holding 5% or more of the company's shares or related shares as of September 30, 2025[38]. Investigations and Legal Matters - The company is currently under investigation by the China Securities Regulatory Commission regarding potential false disclosures in financial reports of its associate, Suzhou Qingyue[49]. - The group has initiated a procedure to reduce its participation in Suzhou Qingyue due to an ongoing investigation related to alleged false reporting[17]. Other Financial Metrics - The company’s cash and cash equivalents decreased to HKD 286,042,000 from HKD 525,183,000, a decline of 45.4%[55]. - The company’s equity attributable to owners increased to HKD 4,778,637,000 from HKD 3,584,108,000, reflecting a growth of 33.3%[56]. - The company’s cash flow from operating activities showed a net cash outflow of HKD 5,228,000, a decrease from HKD 19,541,000 in the previous year[59]. - The company invested HKD 119,835,000 in property, plant, and equipment during the period, an increase from HKD 107,137,000 in the prior year[59].

Core Viewpoint - Yidu International Holdings (00259) announced that its subsidiary, Muxi, has listed shares on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with trading commencing on December 17, 2025, at an initial public offering price of RMB 104.66 per share [1][1]. Group 1 - The company holds 2.2431 million shares of Muxi, which are recorded as financial assets at fair value through profit or loss in the group's consolidated financial statements [1].

Group 1 - The core announcement is that Yidu International Holdings (00259) has listed its subsidiary Muxi on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with trading commencing on December 17, 2025 [1] - The initial public offering (IPO) price for the shares was set at RMB 104.66 per share [1] - As of the announcement date, the group holds 2.2431 million shares of Muxi, which are recorded as financial assets at fair value through profit or loss in the group's consolidated financial statements [1]

Group 1 - The core point of the article is that Yidu (International Holdings) has successfully listed its shares of Muxi on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with trading commencing on December 17, 2025 [1] - The initial public offering price for the shares was set at RMB 104.66 per share [1] - As of the announcement date, the group holds 2,243,131 shares of Muxi, which are recorded as financial assets at fair value through profit or loss in the group's consolidated financial statements [1]

Group 1 - The Hang Seng Index rose by 0.22%, gaining 55 points to reach 25,291 points, while the Hang Seng Tech Index increased by 0.02% with a trading volume of 84.8 billion HKD in the morning session [1] - Yichun City announced the cancellation of 27 mining rights, leading to a surge in lithium stocks, with Ganfeng Lithium rising over 6% and Tianqi Lithium increasing by over 5% [1] - Airlines showed strong performance in November's off-peak season, with Southern Airlines up over 7%, Eastern Airlines up over 5%, and Air China rising by 5% [1] Group 2 - Jiangxi International Resources saw a 6% increase as tungsten prices accelerated, reaching a historical high for tungsten concentrate [1] - Junda Co., Ltd. rose over 6% after its Chuzhou base achieved large-scale production of TOPCon batteries [1] - Changfei Optical Fiber and Cable increased by nearly 11% driven by AI computing power demand [2] Group 3 - Yaojie Ankang-B surged by 18% after announcing positive clinical results for Tiengatin in a sub-journal of The Lancet [3] - Li Ning rose by 4% with the launch of new Dragon Store and Honor Gold Standard product series, expected to create strong synergy [4] - Zhongjiao Holdings increased by 6% as its adjusted annual EBITDA exceeded expectations, with institutions focusing on subsequent classification registration progress [5] Group 4 - Tanwan rose over 4%, accumulating over 30% growth this month, partnering with COEXIST to expand its trendy toy industry layout [6] - Zhaoyan Pharmaceutical increased by over 10% as the price of experimental monkeys rose, with institutions expecting a tight supply-demand situation to persist [7] - Yidu International fell over 12% in the morning session, giving back most of its gains for the month, as Muxi Co., Ltd. listed on the Sci-Tech Innovation Board today [8]