Group 1 - The company is planning to issue shares and pay cash to acquire controlling interest in Aobo (Beijing) Intelligent Technology Co., Ltd. from Shandong Qikang Zhihui Venture Capital Management Co., Ltd. and other parties, which constitutes a major asset restructuring and related party transaction, but does not qualify as a restructuring listing [1] - The company's stock will be suspended from trading starting December 17, 2025, and the transaction plan is expected to be disclosed within 10 trading days [1] - If the company fails to hold a board meeting to review and disclose the transaction plan within the specified period, the stock will resume trading on December 31, 2025, and the related matters will be terminated [1] Group 2 - On August 19, the company announced a potential change in its actual controller due to the transfer of 99% of the fund shares held by its controlling shareholder, Zibo Jiangtu Hengsong Holdings Co., Ltd. [4] - The transfer of fund shares by Zibo Financial Holdings Group Co., Ltd. could lead to a change in the company's actual controller, as previously announced on July 30 [4] - The matter was still in the planning stage at the time of the earlier announcement, and no trading suspension was requested [4]

除另有說明外，本公告所用詞彙與該通函內所界定者具相同涵義。 於股東特別大會上提呈的決議案投票結果如下。票數和相應的百分比代表參與股東 特別大會人士所持票數13,582,624,361股（本公司已發行股本的89.4005%）中所投出 的總票數。由於參與股東特別大會的股東可能選擇不予投票，故於股東特別大會上 提呈的某項決議案的「贊成」、「反對」及「棄權」的總票數可能會少於13,582,624,361 票。 – 1 – | | 於股東特別大會上提呈的決議案 | 票數(%) | | | | --- | --- | --- | --- | --- | | | | 贊成 | 反對 | 棄權 | | 1 | 批准及確認有關與EN+ GROUP | 3,953,901,142 | 92,300 | 477,157,370 | | | IPJSC的聯繫人訂立的購買電力及電 | (78.2932%) | (0.0018%) | (9.4484%) | | | 量、購買發電設施的可再生能源電量 | | | | | | 及改裝電量的競爭性選項的持續關連 | | | | | | 交易截至二零二六年十二月三十一日 | | | | | | ...

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，並明確表示概不對因本公告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。 茲提述本公司日期為二零二三年十二月二十七日、二零二五年一月十日、二零 二五年一月十七日及二零二五年二月十二日有關先前披露的熱能供應合約的公告。 本公司宣佈，本集團公司已與En+的聯繫人訂立合約，據此，En+的聯繫人同意 向本集團公司供應熱能（「熱能供應合約增編」）。 熱能供應合約增編 茲提述本公司日期為二零二三年十二月二十七日、二零二五年一月十日、二零二五 年一月十七日及二零二五年二月十二日有關先前披露的熱能供應合約的公告。 – 1 – UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （香港聯交所股份代號：486；莫斯科交易所證券代碼：RUAL； 聖彼得堡交易所證券代碼：RUAL） 持續關連交易 熱能供應合約增編 本公司宣佈本集團公司已訂立熱能供應合約增編，詳情如下 ...

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11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: United Company RUSAL, international public joint-stock company 呈交日期: 2025年12月1日 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) | 00486 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | RUB | | 0.656517 RUB | | 13,130,340,000 | | 增加 / 減少 (-) | | | | | | RUB | | | | 本月底結存 | | | 20,000,000, ...

Core Viewpoint - The market sentiment for non-ferrous and precious metals is high, driven by increased expectations of interest rate cuts by the Federal Reserve, leading to significant price increases in gold, silver, and copper [2][10][16]. Group 1: Market Performance - On December 1, the Hong Kong and A-share markets opened positively, with the Shanghai Composite Index returning to 3900 points, particularly boosted by non-ferrous and precious metals [1]. - Spot gold prices briefly surpassed $4250 per ounce, while spot silver reached a historic high of $57.88 per ounce [3]. - The A-share precious metals sector has seen a nearly 76% increase year-to-date, following a week of consecutive gains [8][6]. Group 2: Federal Reserve and Interest Rate Expectations - The global financial market is experiencing a surge in optimism due to heightened expectations of interest rate cuts by the Federal Reserve, with a probability of 87.4% for a 25 basis point cut in December [12][17]. - Market sentiment is further fueled by speculation regarding the potential appointment of Hassett as the new Fed chair, who is expected to advocate for aggressive rate cuts [13][15]. Group 3: Diverging Views on Gold - Despite the bullish sentiment, notable investors have expressed caution regarding gold, with some recommending selling positions. For instance, Hong Hao has sold all his gold holdings, citing a potential price bubble [20]. - Li Bei has also exited his gold positions, indicating that he believes the best phase for gold has passed and considers current prices overvalued [20]. - Fu Peng acknowledges structural risks for gold but maintains that it still holds value, viewing it as a "credit yardstick" amid increasing volatility [20].

Group 1 - The core viewpoint of the article highlights a collective rise in Hong Kong's non-ferrous metal stocks, driven by expectations of a Federal Reserve interest rate cut in December [1][3]. - Specific stocks that saw significant increases include Lingbao Gold, which rose by 3.5%, and China Daye Nonferrous Metals, which increased by 3.41% [2][1]. - The overall market sentiment is positively influenced by the anticipated decline in interest rates, which is expected to lower financing costs and improve demand expectations [3]. Group 2 - The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 82.9%, up from 69.4% the previous day [2][3]. - Gold prices have also seen a slight increase, with spot gold rising by 0.2% to $4,141.70 per ounce, supported by the Fed's dovish outlook [3]. - Analysts suggest that the expected rate cut will positively impact the non-ferrous metal sector through a weaker dollar and enhanced risk appetite [3].

Group 1 - The core viewpoint of the articles indicates a collective rise in Hong Kong's non-ferrous metal stocks, driven by expectations of a Federal Reserve interest rate cut in December [1][2] - The probability of a 25 basis point rate cut by the Federal Reserve in December has increased to 82.9%, up from 69.4% the previous day, while the probability of maintaining the current rate is at 17.1% [1] - Analysts suggest that the rising probability of a rate cut will positively impact the non-ferrous metal sector in the short to medium term through three main channels: a weaker dollar, lower financing costs, and improved demand expectations [1] Group 2 - Specific non-ferrous metal stocks that saw significant gains include Lingbao Gold (+3.51%), China Daye Nonferrous Metals (+3.41%), and Zhaojin Mining (+2.85%) [2] - Other notable performers include Zijin Mining (+2.63%), China Hongqiao (+2.36%), and Luoyang Molybdenum (+2.20%), with several other companies also experiencing increases [2] - Spot gold prices rose by 0.2% to $4,141.70 per ounce, supported by expectations of a Federal Reserve rate cut and comments from Fed officials advocating for a more accommodative monetary policy [1]

Group 1 - Hong Kong's Hang Seng Index rose by 1.42%, gaining 358 points to close at 25,578 points, while the Hang Seng Tech Index increased by 1.65% [1] - Alibaba-W (09988) surged over 4%, with its Qianwen App surpassing 10 million downloads in its first week of public testing [1] - Sinopharm (01801) rose over 3%, with plans to officially go blue starting December 8 [1] - Hengrui Medicine (01276) increased by over 5%, as nine drugs including SHR-9839 received approval for clinical trials [1] - Beijing Automotive (01958) gained over 3%, planning to sell 51% of its stake in Beiqi International for approximately 1.608 billion yuan to accelerate its international strategy [1] - WeRide (00800) jumped over 6%, having obtained Switzerland's first pure driverless license, with Q3 earnings report upcoming [1] - Rusal (00486) saw an intraday increase of over 4%, announcing plans to cease operations at the Krymni silicon plant by 2026 [1] - GAC Group (02238) surged over 12%, with its all-solid-state battery pilot production line officially completed and put into production [1] - Sino Biopharmaceutical-B (02591) rose over 20%, being included in the Hang Seng Composite Index effective December 8 [1] - 3SBio (01530) increased by over 4%, planning to spin off its subsidiary Mandi International for independent listing [1] Group 2 - Oil stocks continued to decline, with CNOOC (00883) dropping by 2.4% amid easing tensions in the Russia-Ukraine situation [2] - Semiconductor stocks faced significant declines, with Hua Hong Semiconductor (01347) falling over 9% and SMIC (00981) down over 5%, as reports indicated the Trump administration is considering approving exports of Nvidia's H200 AI chips to China [2] - Ganfeng Lithium (01772) dropped over 7%, facing potential downward risks in lithium spot prices, leading Goldman Sachs to downgrade the company to a "sell" rating [2]

Core Viewpoint - Russian Aluminum (俄铝) shares increased by over 8% during trading, reaching a price of 4.65 HKD with a trading volume of 8.01 million HKD [1] Company Summary - Russian Aluminum (00486.HK) experienced a significant price increase of 8.14% in its stock value [1] - The current trading price is reported at 4.65 HKD [1] - The total trading volume recorded is 801.02 thousand HKD [1]

消息面上，据上海有色网报道，近日，俄铝宣布将于2026年1月1日停止伊尔库茨克克里姆尼硅厂 (Kremniy)的运营，此举突显了俄罗斯工业基地日益增长的压力。该工厂将被闲置，因为需求已经枯 竭，进口硅现在削弱了国内价格，海外产量仍在攀升。俄铝表示，已向地区当局通报了停产情况，并希 望在应对相关社会影响方面得到支持。其第二家硅工厂，乌拉尔硅厂，将继续运营，但负荷有所降低。 俄铝(00486)盘中涨超8%，截至发稿，涨8.14%，报4.65港元，成交额801.02万港元。 ...