Group 1 - China Silver Group (00815) saw a significant increase of over 12%, specifically a rise of 12.31%, reaching HKD 0.73, with a trading volume of HKD 63.64 million [1] - Precious metal prices are experiencing a strong upward trend, with spot silver surpassing USD 54, increasing by over 1% in a single day; spot gold has also risen to USD 4200 per ounce, marking the first time since October 21 [1] - Analysts from South China Futures suggest that in the medium to long term, central bank gold purchases and increased investment demand, driven by expectations of monetary easing and phase-specific hedging trades, will continue to support the upward movement of precious metal prices [1]

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國白銀集團有限公司 呈交日期： 2025年11月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 00815 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股份） ...

Core Viewpoint - The Hong Kong gold stocks have generally risen, driven by signs of economic weakness in the U.S. and an increase in gold prices, with forecasts suggesting continued upward momentum for gold in the coming year [1] Group 1: Market Performance - Hong Kong gold stocks saw significant increases, with notable gains including: - Zhenfeng Gold up 5.5% - Tongguan Gold up approximately 5% - Lingbao Gold, Chifeng Gold, Shandong Gold, and Zhaojin Mining each up nearly 4% [1] - The latest prices and percentage changes for selected gold stocks are as follows: - Zhenfeng Gold (01815): 2.130, +5.45% - China Silver Group (00815): 0.650, +4.84% - Lingbao Gold (03330): 17.090, +3.89% [1] Group 2: Gold Price Movement - As of the Asian morning session, New York futures gold reached $4,050 per ounce, up 1.01%, while spot gold surpassed $4,040 per ounce, up 0.97% [1] - The People's Bank of China reported that as of the end of October, its gold reserves stood at 74.09 million ounces, an increase of 30,000 ounces from September, marking the 12th consecutive month of accumulation [1] Group 3: Future Outlook - According to a report from China International Capital Corporation (CICC), gold is expected to maintain its upward trend next year, with structural and cyclical opportunities likely to continue to resonate [1] - State Street has raised its most optimistic gold price forecast to between $4,100 and $4,500 per ounce [1]

Core Viewpoint - China Silver Group (00815) has successfully completed several subscription agreements, resulting in the issuance of a total of 241 million shares at a subscription price of HKD 0.45 per share, which represents approximately 8.90% of the company's issued share capital before the completion of the subscriptions and about 8.17% after [1] Group 1 - The company has received the full payment for Subscription Agreements D, F, and G, as well as the remaining payment for Subscription Agreement H and part of the payment for Subscription Agreement E, totaling HKD 8.1 million for 18 million shares [1] - The completion of Subscription Agreements D, F, G, and H occurred on November 7, 2025, following the fulfillment of the necessary conditions [1] - A total of 241 million shares will be issued, consisting of all shares from Subscription Agreements D, F, and G, the remaining 13.32 million shares from Subscription Agreement H, and 18 million shares from Subscription Agreement E [1]

Core Viewpoint - China Silver Group has completed several subscription agreements, resulting in the issuance of a total of 241 million shares at a subscription price of HKD 0.45 per share, which represents approximately 8.90% of the company's issued share capital before the completion of the subscriptions and about 8.17% after the completion [1] Summary by Relevant Sections - **Subscription Agreements** - The company has fully received the consideration for Subscription Agreements D, F, and G, as well as the remaining consideration for Subscription Agreement H and part of the consideration for Subscription Agreement E, totaling HKD 8.1 million for 18 million shares [1] - The completion of Subscription Agreements D, F, G, and H occurred on November 7, 2025, with Subscription Agreement E partially completed [1] - **Share Issuance Details** - A total of 241 million shares will be issued, consisting of all shares from Subscription Agreements D, F, G, the remaining 13.332 million shares from Agreement H, and 18 million shares from Agreement E [1] - The subscription price for the shares is set at HKD 0.45 per share [1]

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。 CHINA SILVER GROUP LIMITED 中國白銀集團有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：815） 根據一般授權完成若干新股份認購事項 茲提述中國白銀集團有限公司（「本公司」）日期為二零二五年七月十四日、二 零二五年七月十八日及二零二五年九月十七日的公告（統稱「該等公告」），內 容有關根據一般授權認購本公司新股份。除另有界定者外，本公告所用詞彙 與該等公告所界定者具有相同涵義。除認購人的名稱及詳情外，各認購協議 的條款均相同。 董事會欣然宣佈，本公司已悉數獲得認購協議D、認購協議F及認購協議G 項下各自的代價、認購協議H項下的餘下代價及認購協議E項下的部分代價 8,100,000港元（對應將予認購的18,000,000股股份）（該等認購協議統稱為「有關 認購協議」）。由於有關認購協議所載的先決條件已獲達成，於二零二五年十一 月七日，根據有關認購協議各自的條款及條件，認 ...

Core Viewpoint - The gold stocks have generally rebounded, with notable increases in share prices for several companies in the sector [1]. Company Performance - China Silver Group (00815.HK) increased by 3.45%, reaching HKD 0.6 [1]. - China Gold International (02099.HK) rose by 2.83%, with shares priced at HKD 127.2 [1]. - Zijin Mining (02899.HK) saw a 2.13% increase, trading at HKD 30.66 [1]. - Zhaojin Mining (01818.HK) gained 1.87%, with a share price of HKD 28.36 [1]. - Shandong Gold (01787.HK) experienced a 1.28% rise, priced at HKD 31.56 [1].

Core Viewpoint - The gold stocks have generally rebounded, with notable increases in share prices for several companies in the sector, driven by a recent rise in spot gold prices and market expectations regarding U.S. government operations and economic data [1] Group 1: Company Performance - China Silver Group (00815) increased by 3.45%, reaching HKD 0.6 [1] - China Gold International (02099) rose by 2.83%, reaching HKD 127.2 [1] - Zijin Mining (02899) saw a 2.13% increase, reaching HKD 30.66 [1] - Zhaojin Mining (01818) grew by 1.87%, reaching HKD 28.36 [1] - Shandong Gold (01787) increased by 1.28%, reaching HKD 31.56 [1] Group 2: Market Analysis - On November 5, spot gold rebounded from a low, briefly surpassing USD 3970 per ounce [1] - CITIC Futures noted a continued fluctuation in precious metals due to declining global risk asset sentiment [1] - UBS analysts indicated that the current pullback in the gold market is temporary, with potential for gold prices to reach USD 4200 per ounce [1] - In optimistic scenarios, if geopolitical or market risks escalate, gold prices could potentially rise to USD 4700 per ounce [1]

Group 1: Market Movements - Wanda Hotel Development (00169) saw a significant increase, rising over 20% during trading, attributed to an agreement with Sony's CPE for a 49% stake in Vampire Squid Productions, which operates the "Octonauts" IP [1] - Cat's Eye Entertainment (01896) rose over 5.3% following the announcement of the film "Demon Slayer: Infinity Castle Chapter One" set to release on November 14, with over 142,000 new views recorded on the platform [1] - Baidu Group-SW (09888) increased by 6.6% after its subsidiary reported over 250,000 orders completed by fully autonomous vehicles, marking a significant step in the commercialization of autonomous driving [1] - Semiconductor stocks experienced gains, with Huahong Semiconductor (01347) up 2.14%, Shanghai Fudan (01385) nearly 1%, and SMIC (00981) up 1.37%, driven by a continued demand for memory chips and price increases planned by several manufacturers [1] Group 2: Gold and Oil Stocks - Gold stocks continued to decline, with Lingbao Gold (03330) down 4.46% and China Gold International (02099) down 2.41%, as spot gold prices fell below $3,980 per ounce, a drop of over 9% from the high on October 20 [2] - Oil stocks rose, with PetroChina (00857) up 3.14% and Sinopec (00386) up 1.66%, following OPEC+'s announcement to pause production increases in Q1 2024, leading Morgan Stanley to raise its short-term oil price forecast [3] Group 3: Automotive and Technology Developments - Li Auto-W (02015) fell 3.3%, with a reported 38% year-on-year decline in new car deliveries for October, alongside a recall announcement for the MEGA 2024 model due to coolant issues [3] - Hesai Technology (02525) rose over 2% after announcing a strategic partnership with Guanghetong to develop a multi-modal perception and control solution based on lidar technology [3] Group 4: US Market Highlights - Atour (ATAT.US) increased by over 5.8%, supported by China's 14th Five-Year Plan aimed at boosting consumption [5] - NIO (NIO.US) rose over 2.3% with a 92.6% year-on-year increase in new car deliveries for October [5] - Micron Technology (MU.US) gained over 4.8% as Samsung paused DDR5 DRAM contract quotes, impacting the supply chain [5] - Nokia (NOK.US) rose over 3.4% following a $1 billion investment from Nvidia to accelerate AI-RAN innovations [6]

Group 1 - Lingbao Gold experienced a decline of over 5% [1] - Jihai Resources, Tongguan Gold, and Zijin Mining fell by more than 4% [1] - Zhaojin Mining, Shandong Gold, Chifeng Jilong Gold, China Silver Group, and China Gold International dropped by over 3% [1]