Group 1: Market Performance - The Hang Seng Index rose by 1.41%, gaining 373 points to close at 26,812 points, while the Hang Seng Tech Index increased by 3.49% [1] - The early trading volume in the Hong Kong stock market reached HKD 192.4 billion [1] Group 2: Company Highlights - Baidu Group-SW (09888) surged by 15.9%, leading the gains among Hang Seng Tech Index constituents [1] - Alibaba-W (09988) saw a rise of 5% [1] - NIO-SW (09866) increased by over 8%, reaching a nearly one-year high ahead of the new ES8 launch [3] - China Tobacco Hong Kong (06055) rose by over 7%, achieving a new high after signing exclusive agency agreements for global markets [4] - Shandong High-Tech Holdings (00412) jumped by 14% following the announcement of a USD 100 million stock buyback plan [5] - Lens Technology (06613) increased by 6.8%, attributed to strong pre-order demand for the iPhone 17 [6] - China Education Holdings (00839) surged by over 16%, with expectations of significant valuation recovery in the private higher education sector [7] - Youzan (08083) rose by over 14%, as the company announced it is exploring the possibility of transferring to the main board for listing [8] Group 3: Industry Insights - The AI large model security assessment results indicated that major products from Tencent, Baidu, Alibaba, and Zhiyuan Huazhang exhibited fewer vulnerabilities, reflecting a high level of security protection [1] - CATL (宁德时代) shares rose over 5%, with the stock price surpassing HKD 500, marking a new high since its listing, while the company highlighted five major challenges in the energy storage industry [2]

Group 1: Market Performance - The Hang Seng Index rose by 1.41%, gaining 373 points to close at 26,812 points, while the Hang Seng Tech Index increased by 3.49% [1] - The early trading volume in Hong Kong stocks reached HKD 192.4 billion [1] Group 2: Company Highlights - Baidu Group-SW (09888) surged by 15.9%, leading the gains among Hang Seng Tech Index constituents [1] - Alibaba-W (09988) saw a rise of 5% [1] - NIO-SW (09866) increased by over 8%, reaching a nearly one-year high ahead of the new ES8 launch [2] - China Tobacco Hong Kong (06055) rose by over 7%, setting a new high after signing exclusive agency agreements for global markets [3] - Shandong High-Speed Holdings (00412) jumped by 14% following the announcement of a USD 100 million stock buyback plan [4] - Lens Technology (300433) (06613) increased by 6.8% due to strong pre-order demand for iPhone 17 [5] - China Education Holdings (00839) surged over 16% as private higher education sector shows signs of significant valuation recovery [6] - Youzan (08083) rose over 14% as the company explores the possibility of transferring to the main board for listing [6] Group 3: Industry Insights - The AI large model security assessment results indicate that major products from Tencent, Baidu, Alibaba, and others have shown fewer vulnerabilities, reflecting a high level of security [1] - Contemporary Amperex Technology Co., Ltd. (300750) (03750) saw its stock price exceed HKD 500, reaching a new high since its listing, while the CEO pointed out five major challenges in the energy storage industry [1]

Core Viewpoint - The company announced a share buyback plan of up to $100 million, reflecting confidence in its business development and future prospects [1][1][1] Group 1: Share Buyback Plan - The board has resolved to exercise the general authorization obtained at the annual general meeting to repurchase shares in the open market [1] - The company plans to buy back shares at a price not exceeding HKD 17 per share, with total expenditure not exceeding $100 million [1] - Funding for the buyback will come from existing cash flow and working capital [1] Group 2: Financial Performance - The company reported a revenue of RMB 2.503 billion for the first half of 2025, with 96% of this revenue coming from emerging industries [1] - Net profit reached RMB 476 million, representing a year-on-year increase of 506% [1] Group 3: Future Outlook - According to a recent report by Zhongtai Securities, the company's performance is expected to grow rapidly in the coming years due to deeper integration in the AIDC industry and synergies from its major shareholder, Shandong High-Speed Group [1] - The report maintains a "buy" rating for the company's stock [1]

Core Viewpoint - The company announced a share buyback plan with a maximum scale of $100 million, indicating confidence in its financial position and future prospects [1] Group 1: Share Buyback Plan - The company plans to repurchase shares in the open market, utilizing a general mandate obtained at the annual general meeting [1] - The maximum price for the share buyback is set at HKD 17 per share [1] - The total amount allocated for the buyback will not exceed $100 million, funded by existing cash flow and working capital [1] Group 2: Company Profile - The company is identified as a comprehensive IT solutions provider in China [1]

Core Viewpoint - The company has received shareholder approval for a share buyback program, reflecting confidence in its business development and long-term strategy, while maintaining financial stability [1] Group 1: Share Buyback Program - The board of the company has been authorized to repurchase up to 10% of its issued shares, with a maximum buyback price of HKD 17 per share and a total amount not exceeding USD 100 million [1] - The funds for the buyback will come from the company's existing cash flow or working capital [1] Group 2: Financial Performance - For the first half of the year, the company reported revenue of CNY 2.503 billion, a year-on-year decline of 11.64%, with emerging industries contributing 96% of the revenue [1] - The net profit for the period was CNY 476 million, a significant increase of 506% year-on-year, and the attributable net profit was CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] Group 3: Project Developments - The company’s integrated project in Ulanqab has made significant progress, with the first phase of the data center now in commercial operation and the second phase advancing steadily [2] - The renewable energy generation part of the project has completed approval and public announcement, aiming to commence construction by the end of the year [2] - The expected economic benefit from the Ulanqab data center, if fully powered by the planned 1GW data center, could reach CNY 1.3 billion annually [2] Group 4: Strategic Investments - In December 2023, the company strategically invested USD 299 million in Century Internet, becoming its largest institutional shareholder, marking a shift towards a dual-driven model of "energy + technology" [2] - The collaboration in computing has shown significant results, according to research from Dongwu Securities [2]

Group 1 - The board of directors of Shankou Holdings (00412) has been authorized by shareholders to repurchase up to 10% of its issued shares, with a maximum repurchase price of HKD 17 per share and a total amount not exceeding USD 100 million [1] - The company believes that the share repurchase reflects confidence in its business development and prospects, aligns with its long-term development strategy, and will not affect its financial stability [1] - As of September 16, the stock price has increased over 120% since April, closing at HKD 12.61, with a total market capitalization of HKD 95.905 billion [1] Group 2 - Shankou Holdings' revenue for the first half of the year reached CNY 2.503 billion, a year-on-year decline of 11.64%, primarily due to a strategic reduction in traditional investment businesses [1] - The company achieved a net profit of CNY 476 million, a significant increase of 506% year-on-year, with a net profit attributable to shareholders of CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] - The Ulanqab integrated project has made key progress, with the first phase of the data center now in commercial operation and the second phase advancing steadily [2] Group 3 - The Ulanqab project is expected to provide green electricity at a cost lower than conventional thermal power by approximately 1-2 cents per kilowatt-hour [2] - If the Ulanqab data center is fully powered by the planned third phase of 1GW, the projected annual economic benefit could reach CNY 1.3 billion [2] - In December 2023, Shankou Holdings strategically invested USD 299 million in Century Internet, becoming its largest institutional shareholder, marking a transition from renewable energy to a dual-driven model of "energy + technology" [2]

Core Viewpoint - The company has observed unusual fluctuations in its share price and trading volume, but confirms no knowledge of any reasons for these changes or any undisclosed information that could affect the market [1][2] Group 1: Share Price and Trading Volume - The board has noted abnormal changes in the trading price and volume of the company's shares [1] - After reasonable inquiries, the board confirmed no known reasons for the unusual fluctuations in share price and trading volume [1] Group 2: Business Operations and Financial Status - The board confirmed that the group's business operations remain normal and that there are no significant changes in the business or financial status [1] Group 3: Share Buyback Authorization - The board received authorization from shareholders at the annual general meeting held on June 6, 2025, to repurchase up to 10% of the total issued shares as of that date [1] - The company plans to repurchase shares at a price not exceeding HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The company will utilize its existing cash flow or working capital for the share buyback, in compliance with applicable laws and regulations [1] Group 4: Confidence in Business Development - The company believes that the share buyback reflects confidence in its business development and prospects [2] - The board considers the current robust financial position sufficient to support the share buyback while maintaining ample financial resources for business development [2] - The implementation of the share buyback plan aligns with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company has observed unusual fluctuations in its share price and trading volume, but the board is unaware of any reasons for these changes and confirms that business operations remain normal [1][2] Group 1: Share Price and Trading Volume - The board has noted abnormal movements in the company's share price and trading volume recently [1] - After inquiries, the board confirmed no knowledge of any reasons for the fluctuations or any information that needs to be disclosed to prevent a false market [1] Group 2: Business Operations - The board confirmed that the group's business operations and financial condition have not undergone any significant changes [1] Group 3: Share Buyback Plan - The board has received authorization from shareholders to repurchase up to 10% of the total issued shares as of the date of the annual general meeting [1] - The company plans to repurchase shares at a price not exceeding HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The repurchase will be funded through existing cash flow or operating funds, in compliance with applicable laws and regulations [1] Group 4: Confidence in Business Development - The company believes that the share buyback reflects confidence in its business development and prospects [2] - The board considers the current robust financial condition sufficient to support the buyback while maintaining ample financial resources for business development [2] - Implementing the share buyback plan aligns with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company has announced an unusual fluctuation in its share price and trading volume, confirming no known reasons for these changes and maintaining that its business operations and financial status remain stable [1][2] Group 1: Share Price and Trading Volume - The company has experienced abnormal changes in share price and trading volume, with the board confirming no knowledge of any reasons for these fluctuations [1] - The board has authorized management to utilize share buyback authorization in the open market as deemed appropriate [1] Group 2: Share Buyback Plan - The company plans to repurchase shares at a maximum price of HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The buyback will be funded through existing cash flow or operating funds, in accordance with applicable regulations [1] - The company believes that the share buyback reflects confidence in its business development and aligns with its long-term strategic goals [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的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告之全部或任 何部份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：412） 股份回購計劃的詳情如下： 自願公告 股價及成交量的異常變動； 及 於公開市場進行股份回購 本公告乃由山高控股集團有限公司（「本公司」）自願作出。 股價及成交量的異常變動 本公司董事（「董事」）會（「董事會」）注意到，本公司股份（「股份」）之交易價格及成交 量近期出現異常變動。經就本公司作出在有關情況下屬合理的一切查詢後，董事會 確認，概不知悉(i)導致股份出現該等股價及成交量異常變動之任何原因；或(ii)任何 須予公佈以避免股份出現虛假市場之資料；或(iii)根據上市規則第13.09(2)條及證券 及期貨條例（香港法例第571章）第XIVA部須予披露之任何內幕消息。 董事會亦確認，本集團之業務營運維持正常，且本集團之業務營運及財務狀況並無 重大變動。 1 於公開市場進行股份回購 董事會已於2025年6月6日舉行的股東周年大會（「股東周年大會」）上獲 ...