(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：296) If you have provided an email address via Hong Kong Securities Clearing Company Limited ("HKSCC") to receive an email notification of the publication of the Corporate Communication(s) (Note 2) on the Websites instead of receiving printed notification letter in future but the email address is invalid, the printed notification will be sent to you by post at your address as provided by HKSCC. You may at any time send your r ...

The following document(s) of Emperor Entertainment Hotel Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at https://www.Emp296.com and The Stock Exchange of Hong Kong Limited at https://www.hkexnews.hk (collectively "Websites"): (Incorporated in Bermuda with limited liability) Circular dated 2 March 2026 in relation to Major Transaction – Disposal of Precious Metal If you have not provided us with an email address but now would like to re ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或 其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下之英皇娛樂酒店有限公司股份全部售出或轉讓，應立即將本通函送 交買主或承讓人或經手買賣或轉讓之銀行、股票經紀或其他代理商，以便轉交予買 主或承讓人。 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通函之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：296） 主要交易 出售該貴金屬 本封面頁所用詞彙與本通函「釋義」一節所界定者具有相同涵義。 董事會函件載於本通函第3至6頁。 作為本通函主要事項之交易已根據上市規則獲控股股東書面批准，以代替舉行股東 大會，而本通函寄發予股東僅作參考之用。 2026年3月2日 | 釋義 1 | | --- | | 3 董事會函件 | | I-1 附錄一 － 本集團之財務資料 | | II-1 附錄二 － 一般資料 | 釋 義 在本通函內，除非文義另有所指，否則下 ...

Core Viewpoint - The article discusses the recent sale of 79 kilograms of gold from the Emperor Palace casino in Macau, owned by Yang Shoucheng, highlighting the changing landscape of Macau's gaming industry and the financial struggles faced by Emperor Entertainment [4][5]. Group 1: Sale of Gold - The gold, previously part of the "Golden Avenue" at the Emperor Palace, was sold for approximately HKD 99.7 million, which is significant given that the total market capitalization of Emperor Entertainment is only around HKD 300 million [4][5]. - The sale is attributed to multiple factors, including high gold prices and a liquidity crisis faced by the Emperor Group [5]. Group 2: Changes in Macau's Gaming Industry - The Emperor Palace casino has ceased operations, leaving only the hotel business running, reflecting a broader trend of casino closures in Macau [5][12]. - The closure of satellite casinos, including the Emperor Palace, is a result of regulatory changes in Macau's gaming laws, which require satellite casinos to either cease operations or be acquired by gaming companies by the end of 2025 [12][14]. Group 3: Financial Performance and Future Outlook - Prior to the pandemic, Emperor Entertainment's VIP rooms generated stable profits of around HKD 300 million annually, but recent reports indicate a loss of HKD 73.1 million and a gaming revenue of only HKD 178 million for the first half of the year [22][23]. - Despite the closures, Macau's gaming industry is showing signs of recovery, with projected revenues of MOP 1.83 billion, MOP 2.31 billion, and MOP 2.47 billion for 2023, 2024, and 2025 respectively, nearing pre-pandemic levels [23][24].

以下文章来源于棱镜 ，作者吴遮 ----------------------------- 棱镜 . 腾讯新闻出品栏目，《棱镜》聚焦泛财经深度记录。 作者： 吴遮 来源： 棱镜 谢霆锋、容祖儿、陈伟霆等明星的老板杨受成，再次受到关注。 过往一段时间，这位"娱乐大亨"多次因为与明星们的互动而登上热搜，但这一次与明星、娱乐无 关，而与79公斤的黄金有关。 杨受成身上的标签很多，除了"娱乐大亨""钟表大王"之外，还有重要标签，就是"赌场老板"。 他 的赌场是位于澳门老城区的英皇宫殿，位置优越，距离澳门标志性建筑新葡京赌场只有400米的路 程。 这个赌场曾经有一个网红打卡地——"黄金大道"，这条"大道"由78块、总重量79公斤的999.9千足 纯金铺设而成，尽显"土豪气派"。 今年1月底，有游客发现，"黄金大道"里的"黄金"没了。当时，工作人员解释称是"内部装修需 要"，待装修结束后会再行展出。但是，2月4日晚间，英皇娱乐（00296.HK）的一纸公告，明确 了这些黄金的去向。 根据公告，这批黄金已经全部出售，套现了约9970万港元。要知道，英皇娱乐的总市值，也仅3亿 港币左右。 此次出售黄金事件，有着多重背景，比如 ...

Group 1 - The core viewpoint of the article highlights the regulatory actions taken by the Shenzhen Stock Exchange in response to abnormal trading behaviors, including price manipulation and false declarations [2] - From February 9 to February 13, the Shenzhen Stock Exchange implemented self-regulatory measures on 163 instances of abnormal securities trading [2] - The exchange conducted investigations into 6 significant matters related to listed companies and reported 8 cases suspected of illegal activities to the China Securities Regulatory Commission [2] Group 2 - The stock price of "Jia Mei Packaging" (002969) experienced severe abnormal fluctuations, leading to a suspension for investigation and multiple risk warning announcements [2] - After resuming trading, the stock price of Jia Mei Packaging continued to rise, indicating potential irregular trading activities by some investors that disrupted normal trading order [2] - The Shenzhen Stock Exchange took self-regulatory measures, including suspending trading for relevant investors involved in the abnormal trading behaviors [2]

Core Viewpoint - The sale of 79 kilograms of gold from the "Golden Avenue" at the Emperor Palace Casino in Macau highlights the significant changes in the local gaming industry, particularly the closure of satellite casinos and the shift towards hotel operations [3][4][12]. Group 1: Sale of Gold and Financial Implications - The gold was sold for approximately 99.7 million HKD, which is significant given that Emperor Entertainment's total market value is around 300 million HKD [4][26]. - The sale is attributed to multiple factors, including high gold prices, liquidity issues within the Emperor Group, and the transformation of Macau's gaming industry [4][26]. - The Emperor Palace Casino has ceased operations, leaving only hotel services, indicating a strategic shift in business focus [4][12]. Group 2: Changes in Macau's Gaming Industry - The Emperor Palace is classified as a "satellite casino," which operates under a model where the casino is not owned by the gaming company but is licensed to operate by them [6][28]. - The closure of satellite casinos has been mandated by changes in Macau's gaming laws, with a deadline set for 2025 for either cessation of operations or acquisition by gaming companies [30][41]. - The last satellite casino, the Land Casino, closed on December 30, marking the end of an era for this type of gaming establishment in Macau [33][34]. Group 3: Financial Performance and Market Trends - Prior to the closure of satellite casinos, Emperor Entertainment reported stable profits of around 300 million HKD annually from VIP rooms, but has since faced significant losses, reporting a loss of 73.1 million HKD in a recent half-year report [21][43]. - Despite the closures, Macau's gaming industry is showing signs of recovery, with projected revenues for 2023, 2024, and 2025 estimated at 183 billion MOP, 231.4 billion MOP, and 247.4 billion MOP respectively [45]. - The shift in revenue generation is moving from older districts to the Cotai area, which is becoming the primary hub for gaming in Macau [24][45]. Group 4: Employee Compensation and Visitor Trends - Major gaming companies in Macau have announced bonuses and salary increases for employees, reflecting a recovery in the industry [46]. - Visitor numbers to Macau have rebounded to pre-pandemic levels, with a record of 867,000 entries on February 7, indicating a strong return of tourism [47].

Core Viewpoint - The stock price of Jiamei Packaging has surged significantly, raising concerns about potential irrational market behavior and the need for regulatory scrutiny [2][4][5]. Group 1: Stock Performance - Jiamei Packaging's stock price has increased by 567.11% since December 17, 2025, closing at 30.42 yuan per share, with a market capitalization of 33.4 billion yuan [2]. - The company has issued multiple risk warnings regarding its stock price, indicating that further abnormal increases may lead to another suspension for regulatory review [4]. Group 2: Control Change and Share Transfer - The recent stock surge is linked to a planned change in control, where the controlling shareholder, China Food Packaging Co., Ltd., intends to transfer 279 million shares (29.9% of total shares) to Suzhou Zhuyue Hongzhi Technology Development Partnership [5][6]. - Following the transfer, the controlling shareholder will change from China Food Packaging to Zhuyue Hongzhi, with the actual controller shifting from Chen Min to Yu Hao, the founder and CEO of a high-end technology brand [6]. Group 3: Financial Performance and Future Outlook - Jiamei Packaging's financial performance is under pressure, with a projected net profit for 2025 expected to be between 85.44 million and 104 million yuan, representing a year-on-year decline of 53.38% to 43.02% [7]. - The company has stated that there has been no substantial progress regarding the control change, and the funding for the share acquisition remains uncertain [6].

Core Viewpoint - The stock price of Jiamei Packaging has surged significantly, raising concerns about potential irrational market behavior and the need for regulatory scrutiny [2][3]. Group 1: Stock Performance - Jiamei Packaging's stock price has increased by 567.11% since December 17, 2025, closing at 30.42 yuan per share, with a market capitalization of 33.4 billion yuan [2]. - The company has been under close monitoring by the Shenzhen Stock Exchange due to its stock price deviating significantly from its fundamentals [3]. Group 2: Control Change and Share Transfer - The recent stock price surge is linked to a planned change in control, where the controlling shareholder, China Food Packaging Co., Ltd., intends to transfer 2.79 billion shares (29.9% of total shares) to Suzhou Zhuyue Hongzhi Technology Development Partnership [3][4]. - Following the share transfer, the controlling shareholder will change from China Food Packaging to Zhuyue Hongzhi, with the actual controller shifting from Chen Min to Yu Hao, the founder and CEO of a high-end technology brand [3]. Group 3: Share Acquisition and Financial Details - Zhuyue Hongzhi plans to further acquire 2.33 billion shares (25% of total shares) through a partial tender offer at a price of 4.45 yuan per share, totaling approximately 2.282 billion yuan [4][5]. - The funding for the acquisition is sourced from self-owned and self-raised funds, but there is uncertainty regarding the success of the funding application [5]. Group 4: Business Operations and Financial Outlook - Jiamei Packaging operates in the traditional packaging industry, focusing on the research, design, production, and sales of food and beverage packaging containers, along with beverage filling services [5]. - The company anticipates a significant decline in net profit for 2025, projecting a range of 85.437 million to 104 million yuan, representing a year-on-year decrease of 53.38% to 43.02% [7]. - Jiamei Packaging has stated that there will be no asset injection related to robotics or similar businesses within 36 months after the change of control [6].

来源：观点地产网 观点网 澳门英皇娱乐酒店大堂那条闻名遐迩的"黄金大道"，一夜之间成了"空心大道"。 1月30日，有网友发现，酒店大堂地砖下原本镶嵌的78块金砖已消失不见，只剩空荡荡的透明视窗。工 作人员解释称是"内部装修需要"，待装修结束后会再行展出。 然而英皇娱乐2月4日晚间一纸公告，似乎让这番说辞不攻自破。 英皇娱乐酒店当日宣布，已将这批总重约79公斤的瑞士999.9千足纯金金砖出售，套现约9970万港元。 消息公布后，英皇娱乐酒店（00296.HK）股价一度大涨20%。截至2月6日收盘，英皇娱乐酒店报0.265 港元，较前一交易周涨幅11.81%。 从"铺金砖"到"挖金砖"，杨受成旗下这家曾经"金光璀璨"的酒店，正在经历一场骨子里的巨变，英皇系 亦是如此。 2月4日，英皇娱乐酒店发布公告表示，已通过非全资附属公司Right Achieve Limited向贺利氏金属香港 有限公司出售一批共重79公斤的黄金砖块，作价约9970万港元。 据公告披露，这批金砖原始购入价约为940万港元，20年间升值逾9倍，扣除约10万港元的交易成本后， 预期确认收益约9020万港元。 英皇娱乐酒店在公告中给出的解释是：鉴于 ...