Core Insights - The report highlights significant changes in the Hong Kong Stock Connect holdings, with notable increases and decreases in ownership percentages for various companies [1][2]. Summary by Category Increased Holdings - China Aluminum International (02068) saw an increase of 4.32%, bringing its latest holding percentage to 20.94% [2]. - Shandong Molong (00568) experienced a 2.69% increase, with a current holding of 63.27% [2]. - Beijing Beichen Industrial Holdings (00588) increased by 2.59%, now holding 41.93% [2]. - In the last five trading days, Shandong Molong (00568) had the highest increase at 8.40%, with a holding of 63.27% [3]. - Other notable increases in the last five days include Ying En Bio-B (09606) at 7.65% and Derin Holdings (01709) at 5.55% [3]. Decreased Holdings - Dreamland (01119) reported a decrease of 1.69%, with a current holding of 13.11% [2]. - Chifeng Jilong Gold Mining (06693) decreased by 0.71%, now at 46.23% [2]. - Jiufang Zhitu Holdings (09636) saw a reduction of 0.55%, with a holding of 17.45% [2]. - In the last five trading days, Haotian International Investment (01341) had the largest decrease at -7.78%, now holding 51.05% [3]. - Other significant decreases include Ocean Park (02255) at -5.92% and Goldwind Technology (02208) at -3.19% [3]. Long-term Trends - Over the past 20 days, Canggang Railway (02169) had the highest increase at 31.12%, with a holding of 43.18% [4]. - The largest decrease over the same period was seen in Haotian International Investment (01341) at -9.50%, with a holding of 51.05% [4].

Group 1 - The stock of Beijing Beichen Industrial Holdings has increased by 14.8%, currently priced at 1.01 HKD, with a total market capitalization of 6.745 billion HKD [1] - Year-to-date, the cumulative increase in the stock price is 29.5% [1]

Core Viewpoint - The recent announcement from Xiling Information indicates that the detention measures against its general manager, Yue Yamei, have been lifted, allowing her to resume her duties, while the company's operations remain normal [1][3]. Company Operations - Xiling Information's production and operational status is reported to be normal following the lifting of the detention measures against Yue Yamei [1]. - The company has a well-structured organizational framework and internal control mechanisms, ensuring that other board members and senior management continue to perform their duties without disruption [3]. Financial Performance - For the first half of 2025, Xiling Information achieved a revenue of 74.57 million yuan, representing a year-on-year increase of 13.03%, primarily due to the consolidation of Beijing Zicai [6]. - The gross profit for the same period was 30.01 million yuan, with a gross margin of 40.23%, up by 1.03 percentage points year-on-year [6]. - However, the net profit was reported at -30.34 million yuan, indicating a decline of 9.27 million yuan compared to the previous year, attributed to reduced recoveries from long-aged projects [6]. Shareholder Changes - Xiling Information is in the process of changing its controlling shareholder to Shanghai Shengxun, with significant share transfers planned [6][7]. - The total shares being transferred amount to 47.98 million, representing 25.06% of the company's total share capital, at a price of 15.02 yuan per share, totaling approximately 721 million yuan [7]. - Following the transfer, the new controlling shareholder will be Shanghai Shengxun, and the actual controller will change to Sheng Ning [8]. Historical Context - In August 2023, it was disclosed that Yue Yamei was under investigation, leading to her detention, but the company maintained that its governance structure remained intact during this period [3]. - Xiling Information has faced scrutiny in the past for inaccurate financial disclosures, resulting in warnings from the Xinjiang Securities Regulatory Bureau [4].

Core Viewpoint - The recent announcement from Xiling Information indicates a positive development with the lifting of the detention measures against its general manager, Yue Yamei, allowing her to resume her duties, which is expected to stabilize the company's operations and governance [1] Group 1: Company Operations - Xiling Information's production and operational status is reported to be normal following the lifting of the detention measures against Yue Yamei [1] - The company has a well-structured organizational framework and internal control mechanisms, ensuring that other board members and senior management continued to perform their duties during the investigation period [1] - In the first half of 2025, Xiling Information achieved operating revenue of 74.57 million yuan, a year-on-year increase of 13.03%, primarily due to the consolidation of Beijing Zicai [3] Group 2: Financial Performance - The gross profit for Xiling Information in the first half of 2025 was 30.01 million yuan, reflecting a year-on-year growth of 16.01%, with a gross margin of 40.23%, up by 1.03 percentage points [3] - Despite the revenue growth, the net profit was reported at -30.34 million yuan, indicating a decline of 9.27 million yuan compared to the same period last year, attributed to reduced recoveries from long-aged projects [3] Group 3: Shareholder Changes - Xiling Information is in the process of changing its actual controller, with the controlling shareholder set to be transferred to Shanghai Shengxun, involving the transfer of 47.98 million shares, accounting for 25.06% of the total share capital, at a price of 15.02 yuan per share, totaling 721 million yuan [4] - A supplementary agreement was signed on August 15, 2023, modifying the original share transfer agreement, with the transfer of shares to be executed through a private equity fund [5] - The transfer of 36.38 million shares from He Kaiwen to Shanghai Shengxun is progressing normally, with the expectation that the change in controlling shareholder will be completed successfully [6]

Core Viewpoint - North Star Industrial's stock price has shown volatility, with a recent decline and significant losses in revenue and net profit for the first half of 2025 [1][2]. Financial Performance - As of June 30, 2025, North Star Industrial reported a revenue of 3.019 billion yuan, a year-on-year decrease of 11.97% [2]. - The company experienced a net profit loss of 1.585 billion yuan, representing a year-on-year decrease of 114.73% [2]. Stock Market Activity - On October 17, North Star Industrial's stock price fell by 2.07%, trading at 1.89 yuan per share, with a total market capitalization of 6.364 billion yuan [1]. - The stock has increased by 1.61% year-to-date but has seen a decline of 3.08% over the last five trading days and 5.50% over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 2.35% to 122,100 [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 12.88 million shares [3]. Business Segments - North Star Industrial's main business segments include exhibition (including hotels) and commercial properties (48.91%), real estate development (48.40%), and other businesses (2.60%) [1].

Core Viewpoint - On October 16, North Star Industrial (601588) announced the appointment of Mr. Zhu Yan as the Secretary of the Board of Directors during the 38th meeting of the 10th Board of Directors scheduled for October 15, 2025 [1] Summary by Category - **Company Announcement** - North Star Industrial will hold its 38th meeting of the 10th Board of Directors on October 15, 2025 [1] - Mr. Zhu Yan has been appointed as the Secretary of the Board of Directors [1]

Core Points - Beijing Beichen Industrial Co., Ltd. (601588) announced the convening of the 38th meeting of the 10th Board of Directors on October 15, 2025 [1] - Zhu Yan has been appointed as the Secretary of the Board, effective from October 15, 2025 [1] - Following this appointment, Zhu Yan will also serve as the authorized representative of the company under the Hong Kong Listing Rule 3.05, effective from October 15, 2025 [1]

智通财经APP讯，北京北辰实业股份(00588)发布公告，于2025年10月15日召开第十届董事会第三十八次 董事会会议，聘任朱岩为董事会秘书(该职位在香港规定下相当于公司联席公司秘书)，自2025年10月15 日起生效。 继上述聘任后，朱岩亦将担任上市规则第3.05条项下的公司授权代表，自2025年10月15日起生效。 ...

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。 （股份代號：588） 聘任公司秘書、 豁免嚴格遵守上市規則 第3.28條及第8.17條及 本公司授權代表 聘任公司秘書 北京北辰實業股份有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事 （「董事」）會（「董事會」）欣然宣佈，於二零二五年十月十五日召開第十屆董事會第 三十八次董事會會議，聘任朱岩先生（「朱先生」）為董事會秘書（該職位在香港規 定下相當於本公司聯席公司秘書（「聯席公司秘書」）），自二零二五年十月十五日 起生效。 朱先生的履歷詳情載列如下： 鑒於上述情況，本公司自朱先生獲委任為聯席公司秘書生效日期起計三年期間 （「豁免期」）內獲豁免嚴格遵守上市規則第3.28條及第8.17條（「豁免」），惟須符合 下列條件： 2 (1) 本集團的主要業務活動主要於中國內地及香港以外地區進行。鑒於本公司股 份於該兩個司法權區雙重上市，像朱先生這樣具備類似上市公司經驗、獲中 國監管機構認可且常駐中國的人士 ...

董事會會議日期 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。 （股份代號：588） 主席 張杰 中國，北京，二零二五年十月十六日 於本公告之日，本公司董事會由八名董事組成，當中張杰先生、梁捷女士、楊華 森先生、張文雷女士及魏明乾先生為執行董事，而周永健博士、甘培忠先生及錢 愛民女士為獨立非執行董事。 茲公佈北京北辰實業股份有限公司（「本公司」）之董事會（「董事會」）將於二零二 五年十月三十日（星期四）舉行董事會會議，董事會將於會上（其中包括）考慮及批 准本公司及其附屬公司截至二零二五年九月三十日止九個月之第三季季度業績及 有關公佈，以及處理其他事項（如有）。 代表 北京北辰實業股份有限公司 ...