Company News - Bank of China (03988.HK) has completed the issuance of 50 billion yuan in subordinated capital bonds, with the funds intended to supplement the bank's Tier 2 capital, subject to applicable laws and regulatory approvals [2] - Huadian International Power (01071.HK) has fully commissioned two 660,000 kW ultra-supercritical units at the Huadian Longkou Phase IV project, which integrates advanced technologies and achieves energy consumption levels comparable to the best in the domestic market, enhancing grid stability and local heating and industrial steam supply [2] - Weisheng Holdings (03393.HK) has entered into a capital increase agreement with Boyu Capital, with Boyu investing a total of 380 million yuan to subscribe for additional shares in its subsidiary [3] - Green Leaf Pharmaceutical (02186.HK) has granted Enhua exclusive commercialization rights for three long-acting injectable antipsychotic products in mainland China [4] - Heng Rui Medicine (01276.HK) has had its injectable SHR-A1904 included in the list of breakthrough therapy products by the drug review center [5] - Youzhiyou Biotechnology-B (02496.HK) has received IND approval from NMPA for Y225 (Aimeisai monoclonal antibody injection) [6] - MicroPort Robotics-B (02252.HK) has achieved a global commercialization milestone with over 100 installations of its Tumi laparoscopic surgical robot [7] - Gao Shan Enterprises (00616.HK) has signed a memorandum of understanding to establish a joint venture to participate in or invest in stablecoins and blockchain-related industries [8] - Energy International Investment (00353.HK) plans to issue a total of 1.035 billion subscription shares at a discount of approximately 18.33%, aiming to raise about 254 million HKD [9] Buyback Activities - Tencent Holdings (00700.HK) has repurchased approximately 636 million HKD worth of 1.056 million shares at prices ranging from 598 to 604 HKD [10] - Xiaomi Group-W (01810.HK) has spent 149 million HKD to repurchase 3.8 million shares at prices between 39.08 and 39.26 HKD [11] - China COSCO Shipping Holdings (01919.HK) has repurchased shares worth approximately 27.225 million HKD, acquiring 1.96 million shares at prices from 13.82 to 13.95 HKD [12] - Kuaishou-W (01024.HK) has repurchased shares for about 29.9896 million HKD, buying 464,000 shares at prices between 64.05 and 64.9 HKD [13]

Core Viewpoint - Gao Shan Enterprises (00616.HK) has entered a non-binding memorandum of understanding to subscribe for shares in a joint venture company focused on developing and/or investing in stablecoins and other blockchain-related businesses in the ASEAN region [1] Group 1: Joint Venture Details - The joint venture is expected to have between 5 to 10 potential subscribers, with a total fundraising target of approximately $4.5 million [1] - Two potential subscribers have signed the memorandum, including Gao Shan Enterprises and Harvest Vast Limited, a subsidiary of Futu Holdings Limited (stock code: FUTU) [1] Group 2: Market Opportunity - Gao Shan Enterprises believes that the stablecoin industry presents significant business opportunities, and the establishment of the joint venture will facilitate the company's participation or investment in the stablecoin and/or blockchain-related sectors [1]

本文源自：金融界AI电报 高山企业(00616.HK)发布公告，于2025年12月24日，集团订立一份不具法律约束力的谅解备忘录，内容 有关认购一间合营公司的股份。根据谅解备忘录，公司与其他潜在认购方拟认购合营公司的股份，而预 期该公司的主要业务为于东南亚国家联盟(东盟)发展及╱或投资稳定币及╱或其他区块链相关业务。预 期合营公司的认购方数目为五至十名，而预期募集资金总额约为450万美元。 ...

Group 1 - The company has entered a non-binding memorandum of understanding to subscribe for shares in a joint venture focused on developing and/or investing in stablecoins and blockchain-related businesses in Southeast Asia [1] - The expected number of subscribers for the joint venture is between five to ten, with a total fundraising target of approximately $4.5 million [1] - The establishment of the joint venture is anticipated to enhance the company's participation in the stablecoin and blockchain sectors [1] Group 2 - The market capitalization of stablecoins is projected to reach between $500 billion and $750 billion in the coming years, with the U.S. Treasury predicting it could reach $2 trillion by 2028, significantly up from the current $260 billion [1] - Stablecoins are experiencing unprecedented growth, with transaction volumes surpassing traditional payment networks; in 2024, stablecoin transaction volume reached $276 trillion, exceeding the combined transaction volume of Visa and Mastercard [1][2] - The company observes that the adoption of tokenized cash via blockchain technology is enhancing the ability to complete payments globally in a fast, secure, and cost-effective manner, indicating a potential major transformation in the payment industry [2]

Group 1 - The company has entered into a non-binding memorandum of understanding to subscribe for shares in a joint venture focused on developing and investing in stablecoins and blockchain-related businesses in ASEAN countries [1] - The expected number of subscribers for the joint venture is between five to ten, with a total fundraising target of approximately $4.5 million [1] - The establishment of the joint venture is anticipated to enable the company to participate in or invest in the stablecoin and blockchain sectors [1] Group 2 - The market capitalization of stablecoins is projected to reach between $500 billion and $750 billion in the coming years, with the U.S. Treasury predicting it could reach $2 trillion by 2028, representing an increase of over eight times from the current level of $260 billion [1] - Stablecoins are experiencing unprecedented growth, with transaction volumes surpassing traditional payment networks; in 2024, stablecoin transaction volumes reached $27.6 trillion, exceeding the combined transaction volumes of Visa and Mastercard [1] - The company observes that the adoption of tokenized cash using blockchain technology is enhancing the ability to complete payments globally in a fast, secure, and cost-effective manner, indicating a potential significant transformation in the payment industry [2] - The circulation of stablecoins has doubled within 18 months starting from January 2024, although they currently facilitate only about $30 billion in daily transactions, accounting for less than 1% of global capital flows [2]

根据谅解备忘录，公司与其他潜在认购方拟认购合营公司的股份，而预期该公司的主要业务为于东南亚 国家联盟(东盟)发展及╱或投资稳定币及╱或其他区块链相关业务。预期合营公司的认购方数目为五至 十名，而预期募集资金总额约为4.5百万美元。 合营公司为一间于开曼群岛注册成立的有限公司。根据公司所得资料，于公布日期，共有两名合营公司 的潜在认购方(包括集团)订立谅解备忘录。另一名潜在认购方为Harvest Vast Limited(一间于英属处女群 岛注册成立的有限公司)，该公司为富途控股有限公司(其已发行股份于纳斯达克上市(股票代码： FUTU))的附属公司。于公布日期，富途控股有限公司的市值约为156.9亿美元。 公司观察到，稳定币正在经历前所未有的增长，交易量超越传统的支付网络。于2024年，稳定币的交易 量达27万6千亿美元，超越Visa与万事达卡合计的交易量。于2025年第一季度，稳定币的交易量再度超 越Visa，证明稳定币在全球支付领域的主导地位日益牢固。 格隆汇12月24日丨高山企业(00616.HK)宣布，于2025年12月24日，集团订立一份不具法律约束力的谅解 备忘录，内容有关认购一间合营公司的股份。 ...

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佈的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部 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。 EMINENCE ENTERPRISE LIMITED 高山企業有限公司 （於百慕達註冊成立之有限公司） （股份代號：616） 自願性公佈 訂立諒解備忘錄 本 公 佈 乃 由 高 山 企 業 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願 作 出，以 就 本 集 團 業 務 發 展 向 本 公 司 股 東（「股 東」）及 潛 在 投 資 者 提 供 最 新 資 料。 諒解備忘錄 本 公 司 董 事（「董 事」）會（「董事會」）欣 然 宣 佈，於2025年12月24日，本 集 團 訂 立 一 份不具法律約束力的諒解備忘錄（「諒解備忘錄」），內容有關認購一間合營公司（「合 營公司」）的 股 份。 根 據 諒 解 備 忘 錄，本 公 司 與 其 他 潛 在 認 購 方 擬 認 購 合 營 公 司 的 股 份，而 預 期 該 公 司 的 主 要 業 務 為 於 東 南 亞 國 ...

高山企業有限公司 EMINENCE ENTERPRISE LIMITED (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: 616) NOTIFICATION LETTER 通知信函 24 December 2025 各位非登記持有人 （附註1） ： Dear Non-registered Holder (Note 1) , EMINENCE ENTERPRISE LIMITED (the "Company") – Notice of publication of Interim Report for the six months ended 30 September 2025 (the "Current Corporate Communications") The Company's Current Corporate Communications (both English and Chinese versions) is available on the Company's website a ...

Dear Shareholder(s), EMINENCE ENTERPRISE LIMITED (the "Company") – Notice of publication of Interim Report for the six months ended 30 September 2025 (the "Current Corporate Communications") The Company's Current Corporate Communications (both English and Chinese versions) is available on the Company's website at www.eminence-enterprise.com and the website of Hong Kong Exchanges and Clearing Limited (the "HKEx") at www.hkexnews.hk respectively. Shareholders who have chosen (or are deemed to have consented) ...

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2025 截至2025年9月30日止六個月 EMINENCE ENTERPRISE LIMITED 高山企業有限公司 INTERIM REPORT 2025/26 中期業績報告 2025/2026中期業績報告 高山企業有限公司 Contents 目錄 - 1 - CORPORATE INFORMATION 公司資料 2 FINANCIAL HIGHLIGHTS 財務概要 5 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 7 DISCLOSURE OF INTERESTS 權益披露 36 CORPORATE GOVERNANCE AND OTHER INFORMATION 企業管治及其他資料 42 CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 簡明綜合損益及其他全面收益表 50 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSIT ...