Core Viewpoint - *ST San Sheng successfully held its first creditors' meeting on September 25, 2025, where several key proposals were approved, indicating progress in its debt management process [1] Group 1: Creditors' Meeting Outcomes - The creditors' meeting approved the "Debtor's Property Management Plan" [1] - A proposal to establish a creditors' committee was also passed [1] - The draft rules for holding and voting in non-site and online creditors' meetings were approved [1] Group 2: Court Decision - The Chongqing Fifth Intermediate People's Court issued a decision allowing the company to manage its property and business affairs under the supervision of a manager [1]

Core Viewpoint - The announcement of the early termination of the share reduction plan by four senior executives of Sunshine Power (300274.SZ) is aimed at avoiding short-term trading, despite the company's stock price having nearly doubled since the initial disclosure of the reduction plan [1][2][5]. Group 1: Share Reduction Announcement - Four senior executives, including the vice chairman and three vice presidents, announced the early termination of their share reduction plan, which involved a maximum of 424,900 shares [1][2]. - The value of the shares that were to be reduced, based on the closing price of 157.50 yuan per share on September 26, is estimated to be no more than 66.92 million yuan [2]. - The initial disclosure of the share reduction plan dates back to July 11, with the reason cited as "personal funding needs" [3][6]. Group 2: Stock Price Movement - Following the initial announcement of the share reduction, Sunshine Power's stock price entered an upward trend, reaching a new high since its listing in 2011, and becoming the market leader in the A-share solar storage sector [4]. - The company's stock price has increased by approximately 93.49% from the time of the initial reduction announcement to the announcement of its early termination [5]. - Prior to the recent surge, Sunshine Power experienced a significant price fluctuation, with its stock price increasing over 20 times from October 2018 to October 2021, followed by a substantial decline from 2022 to 2023 due to high expectations and valuation corrections [6][7]. Group 3: Executive Holdings - The total number of shares held by the four executives amounts to 1,909,851 shares, representing 0.0930% of the company's total share capital [3]. - The individual holdings include 700,000 shares by the vice chairman, 577,500 shares by a director, and smaller amounts held by the other vice presidents [3].

Core Viewpoint - The announcement of the early termination of the share reduction plan by four senior executives of Sunshine Power (300274.SZ) is aimed at avoiding short-term trading, despite the company's stock price having nearly doubled since the initial disclosure of the reduction plan [2][4]. Group 1: Share Reduction Announcement - Four senior executives, including the vice chairman and three vice presidents, announced the early termination of their share reduction plan, which involved a maximum of 424,900 shares valued at approximately 66.92 million yuan based on the closing price of 157.50 yuan per share on September 26 [2][3]. - The executives' positions include Vice Chairman and Senior Vice President Gu Yilei, Director and Senior Vice President Wu Jiamao, and Vice Presidents Deng Dejun and Wang Lei [2][3]. Group 2: Historical Context and Stock Performance - The initial disclosure of the share reduction plan dates back to July 11, with the executives allowed to reduce their holdings between August 4, 2025, and November 3, 2025 [3]. - Prior to the reduction announcement, Sunshine Power's stock price fluctuated between 61 yuan and 76.16 yuan per share, and after the announcement, the stock price surged, reaching a new high since its listing in 2011, with an increase of 93.49% from the initial disclosure to the termination announcement [4][5]. Group 3: Company Performance and Risks - Sunshine Power's stock experienced a dramatic increase of over 20 times from October 2018 to October 2021 due to favorable policies and market conditions, but faced significant declines from 2022 to 2023 due to high expectations and performance issues [5]. - Despite the recent stock price surge, there are ongoing concerns regarding accounts receivable turnover risk, declining gross margins, and risks associated with investment in new energy projects [4].

Group 1 - The core viewpoint of the article highlights that Sunshine Power has achieved a market capitalization of 331.4 billion yuan, making it the leading company in the A-share photovoltaic storage sector [1][2] - Sunshine Power's market value increased by over 100 billion yuan in just one month, reaching 331.4 billion yuan as of September 25, surpassing the combined market capitalization of its closest competitors [1][2] - The company reported a revenue of 43.533 billion yuan for the first half of the year, representing a year-on-year growth of 40.34%, and a net profit of 7.735 billion yuan, up 55.97% year-on-year [2] Group 2 - Sunshine Power's main revenue source is its energy storage systems, which are also the most profitable segment of its business [2] - The company is optimistic about the growth potential of the energy storage market, with management projecting a compound annual growth rate of 20% to 30% over the next few years [3] - Sunshine Power has recently announced its entry into the Artificial Intelligence Data Center (AIDC) power supply market, which is expected to open new growth opportunities [3] Group 3 - Despite its current market success, Sunshine Power has experienced significant stock price volatility, with a more than 20-fold increase in stock price over three years followed by a substantial decline [4] - The company faced challenges in the past due to high expectations and valuation, leading to a drop in stock price from 2022 to 2023 [4]

Core Viewpoint - Fuxing Asia (00274.HK) has announced that its annual results for 2024/25 will be further delayed until on or before September 30, 2025 [1] Group 1 - The company has been making efforts to address the auditor's requirements over the past few days but needs additional time to provide all necessary documents required by its Chinese legal advisor [1] - As of the date of the announcement, all necessary documents requested by the auditor have been provided, and it is expected that the company's Chinese legal advisor will complete and issue the legal opinion in the short term [1] - The company's shares remain suspended from trading [1]

本公司谨此 此提供最新 新情况如下 ： 終止綜合 入賬附屬公 公司 香港交易及 整性亦不發 容而引致之 及結算所有限 發表任何聲明 之任何損失承 限公司及香港 明，並明確表 承擔任何責任 港聯合交易 表示，概不 任。 易所有限公司 不就因本公告 司對本公告之 告全部或任何 之內容概不負 何部份內容而 負責，對其準 而產生或因倚 其準確性或完 因倚賴該等內 完 內 （ 於開曼群 群島註冊成立之 之有限公司） （ 股 股份代號：2 274） (1)進一步 步延遲刊 (2)繼 刊發2024/ 及 繼續暫停 /25年年度 買賣 度業績； 茲提述復 為2025年7 括）延遲刊 有相同涵義 興亞洲絲路 7月2日、20 刊發2024/25 義。 路集團有限 025年8月7 5年年度業 限公司（「 日及2025年 績。除另有 本公司」 年8月28日的 有所指外， ，連同其附 公告（「該 本公告所 附屬公司，統 等公告」） 所用詞彙與該 統稱「本集 ，內容有關 該等公告所 集團」）日期 關（其中包 所界定者具 期 包 具 1 於過去數天已盡最大努力處理核數師的該等要求，但仍需額外時間提供本公司中國法 律顧問所需的所有必要文件， ...

致：香港交易及結算所有限公司 公司名稱: 復興亞洲絲路集團有限公司 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8月31日 狀態: 新提交 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) | 00274 | 說明 | 普通股 | | | | | | | | 多櫃檯證券代號 | | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 500,000,000 | HKD | | 0.5 HKD | | | 250,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 500,000,000 | HKD | | 0.5 HKD | | | 250,0 ...

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。 （於開曼群島註冊成立之有限公司） 進一步延遲刊發2024/25年年度業績 董事會謹此宣佈，2024/25年年度業績將進一步延遲至2025年9月30日或之前刊發。本 公司於過去數天已盡最大努力處理核數師的該等要求，但仍需額外時間提供本公司 中國法律顧問所需的所有必要文件，供其出具回應該等要求的法律意見。於本公告 日期，核數師要求的所有必要文件已獲提供，預期本公司的中國法律顧問能夠在短 期內完成並出具法律意見。 繼續暫停買賣 本公司股份已於2025年7月2日上午九時正起於聯交所暫停買賣，並將繼續暫停買 賣，直至本公司刊發2024/25年年度業績為止。 1 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。 承董事會命 復興亞洲絲路集團有限公司 執行董事 王雅娟 （股份代號：274） (1)進一步延遲刊發2024/25年年度業績； 及 (2)繼續暫停買賣 茲提述復興亞洲絲路集團有限公司（「本公司」，連同其 ...

Group 1 - The stock price of *ST San Sheng (002742) closed at 4.8 yuan, down 3.03%, with a turnover rate of 4.16% and a trading volume of 179,700 hands, amounting to 87.37 million yuan [1] - The net outflow of main funds today was 15.92 million yuan, accounting for 18.23% of the transaction amount, with large orders seeing a net outflow of 9.31 million yuan (10.66%) and 6.61 million yuan (7.57%) respectively [1] - The latest financial report shows that the total operating revenue for the first quarter of 2025 was 235 million yuan, a year-on-year decrease of 32.52%, and the net profit attributable to shareholders was 82.38 million yuan, down 132.59% [1] Group 2 - Chongqing San Sheng Industrial Co., Ltd. was established in 2002 and is primarily engaged in the non-metallic mineral products industry, with a registered capital of 432 million yuan and paid-in capital of 72.16 million yuan [1] - The company has made investments in 21 enterprises and participated in 69 bidding projects, holding 53 trademark registrations and 70 patents, along with 114 administrative licenses [2]

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。 （於開曼群島註冊成立之有限公司） 有關 延遲刊發2024/25年年度業績 及 繼續暫停買賣 之補充公告 本公告由復興亞洲絲路集團有限公司（「本公司」，連同其附屬公司，統稱「本集團」） 根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.09條以及 香港法例第571章證券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則） 作出。 茲提述(i)本公司日期為2024年9月3日的公告（「24年9月公告」），內容有關就本集團欠 付蔡先生的逾期貸款而向本公司發出的傳訊令狀；(ii)本公司日期為2025年1月14日 的公告（「25年1月公告」），內容有關（其中包括）湖南西澳的相關股東發出的函件，當 中提述本公司已失去對湖南西澳的控制權；及(iii)本公司日期為2025年7月2日的公告 （「延遲公告」），內容有關（其中包括）延遲刊發2024/25年年度業績。除另有界定外， 本公告所用詞彙 ...