Market Overview - The market performance is generally poor before major holidays due to concerns about potential issues during the break, with the Hang Seng Index dropping by 1.72% [1] - The U.S. non-farm payroll data exceeded expectations, causing the probability of a Fed rate cut in March to plummet from 20% to 8%, which could negatively impact the stock market if the upcoming CPI data is also unfavorable [1] - The Nasdaq experienced a significant drop of over 2% due to AI-related fears, leading to a chain reaction where investors sold gold to cover margin calls, despite no fundamental deterioration in gold [1] AI and Technology Sector - The subscription service GLM Coding Plan by Zhihui (02513) announced a price increase due to strong market demand, with user growth and usage volume rapidly increasing [2] - Zhihui's GLM-5 model ranks first in three major agent evaluation benchmarks, and its coding capabilities are approaching those of Claude Opus 4.5, indicating a strong competitive position [2] - MiniMax+ (00100) also saw a rise of over 15%, both companies reaching historical highs, with expectations of foreign capital focusing on driving up stock prices after the Spring Festival [2] Automotive Industry - The Ministry of Industry and Information Technology is soliciting opinions on mandatory national standards for intelligent connected vehicles, which will replace the previous recommended standards [3] - The new standards will introduce safety guarantees and certification systems, establishing product access conditions and detailing technical indicators and simulation testing requirements [3] - Companies in the intelligent driving sector, such as Nari Technology (01316) and Zhejiang Shibao (01057), experienced stock price increases following the announcement [3] Robotics Sector - MicroPort Robotics-B (02252) reported that its core product, the Tumi laparoscopic surgical robot, has surpassed 200 global commercial orders, with successful surgeries conducted in nearly 10 countries [4] - The company has achieved a 100% success rate in nearly 800 remote surgeries, leading to a stock price increase of over 11% [4] - Other companies in the robotics field, such as Yujia Technology (02515) and UBTECH (09880), also saw stock price increases following MicroPort's announcement [4] Metals Sector - Reports indicate that Trump is considering reducing tariffs on aluminum products, which could provide opportunities for the aluminum sector during the adjustment period [5] - The aluminum sector experienced a notable drop, but the current aluminum premium in the U.S. indicates that tariff costs are primarily borne by American consumers rather than foreign producers [6] - Potential tariff reductions could positively impact U.S. aluminum demand, suggesting a neutral to slightly bullish outlook for the aluminum sector [6] Consumer Sector - China Duty Free Group (01880) reported strong sales data following the opening of Hainan's duty-free market, with sales reaching 1.106 billion yuan during the Spring Festival [7] - The company is set to implement zero-tariff policies for daily consumer goods and has planned multiple promotional activities to boost sales [7] - A significant acquisition of DFS in the Greater China region and strategic investment from LVMH is expected to enhance the company's market position and resource access [7]

Group 1 - A-shares experienced significant movement with 39 stocks hitting the daily limit up and 8 stocks hitting the limit down on February 13 [1] - The autonomous driving and smart cockpit sectors saw a simultaneous rise, with Zhejiang Shibao, Xingmin Zhitong, and Qianli Technology reaching the limit up [1] - The advanced packaging concept also strengthened, with Yitian Co., Ltd. hitting the limit up [1] Group 2 - ST Cuihua faced a continuous decline with 4 consecutive limit down days, while *ST Jinglun and *ST Xiongmao experienced 2 consecutive limit down days [2] - Other companies such as Yabo Co. and Zhuolang Intelligent also hit the limit down [2]

Group 1 - Several smart driving concept stocks experienced a rise in early trading, with Zhejiang Shibao (01057) increasing by 9.20% to HKD 6.05 [1][3] - Nexperia (01316) saw a gain of 7.17%, trading at HKD 7.77 [1][3] - Youjia Innovation (02431) rose by 2.75%, reaching HKD 13.81 [1][3] - Minth Group (00425) increased by 3.21%, with a price of HKD 43.70 [1][3]

Core Viewpoint - The smart driving concept stocks have seen a rise in early trading, driven by the release of new national standards and reports on the development of intelligent connected vehicles in China [1] Group 1: Stock Performance - Zhejiang Shibao (002703) increased by 6.32%, reaching 5.89 HKD [1] - Nexperia (01316) rose by 6.21%, trading at 7.7 HKD [1] - Youjia Innovation (02431) saw a 2.6% increase, priced at 13.79 HKD [1] - Minth Group (00425) gained 1.56%, with a share price of 43 HKD [1] Group 2: Regulatory Developments - On February 13, the Ministry of Industry and Information Technology publicly solicited opinions on five mandatory national standards, including "Safety Requirements for Autonomous Driving Systems" [1] - The Shanghai Intelligent Connected Vehicle Testing and Demonstration Promotion Working Group recently released the "Shanghai Intelligent Connected Vehicle Development Report (2025)" [1] Group 3: Industry Insights - As of the end of last year, Shanghai had opened a total of 3,173 test roads, covering 5,238.82 kilometers for autonomous driving [1] - According to Xinda Securities (601059), the regulatory environment for intelligent connected vehicles in China is becoming increasingly standardized, with domestic brands accelerating the development of smart driving technology [1] - The penetration rate of smart driving technology is continuously increasing, with the Robo-X project being implemented [1] - The market size for Robotaxi is expected to reach 270 billion RMB by 2030, while the incremental output value of China's unmanned logistics vehicle industry is projected to rise to 594.8 billion RMB by 2030 [1]

Group 1 - The core viewpoint of the article highlights the positive market response to smart driving concept stocks, with notable increases in share prices for companies such as Zhejiang Shibao, Nexperia, Youjia Innovation, and Minth Group [1] - As of February 13, the Ministry of Industry and Information Technology has publicly solicited opinions on five mandatory national standards, including "Safety Requirements for Autonomous Driving Systems" [1] - The Shanghai Intelligent Connected Vehicle Testing and Demonstration Promotion Working Group has released the "Shanghai Intelligent Connected Vehicle Development Report (2025)" [1] Group 2 - By the end of last year, Shanghai had opened a total of 3,173 test roads spanning 5,238.82 kilometers for autonomous driving [1] - According to Cinda Securities, the regulatory environment for intelligent connected vehicles in China is becoming increasingly standardized, and domestic brands are accelerating the development of smart driving technologies [1] - The penetration rate of smart driving in the industry is continuously increasing, with the market size for Robotaxi expected to reach 270 billion yuan by 2030, and the incremental output value of the unmanned logistics vehicle industry projected to reach 594.8 billion yuan by 2030 [1]

Core Viewpoint - The report highlights significant changes in the Hong Kong Stock Connect holdings, with notable increases in ownership for certain companies and decreases for others, indicating shifting investor sentiment and potential investment opportunities. Group 1: Increased Holdings - JunDa Co., Ltd. (02865) saw an increase of 1.74% in its Hong Kong Stock Connect holding ratio, reaching 53.73% [1][2] - Xi Xiang Feng Group (02473) experienced a 1.51% increase, with a current holding ratio of 28.30% [1][2] - Southern Hang Seng Technology (03033) had a 1.30% increase, bringing its holding ratio to 68.04% [1][2] - Over the last five trading days, Xi Xiang Feng Group (02473) had the largest increase of 16.01%, with a holding ratio of 28.30% [3][4] - JunDa Co., Ltd. (02865) also increased by 6.28%, reaching 53.73% [3][4] Group 2: Decreased Holdings - Hang Seng China Enterprises (02828) saw the largest decrease of -3.72%, with a holding ratio of 0.45% [1][2] - Yingfu Fund (02800) decreased by -3.07%, now at 0.69% [1][2] - Zhejiang Shibao (01057) experienced a -1.92% decrease, with a holding ratio of 53.21% [1][2] - Over the last five trading days, Zhejiang Shibao (01057) had a decrease of -3.35%, maintaining a holding ratio of 53.21% [3][4] - GX Hang Seng Technology (02837) decreased by -2.90%, with a current holding ratio of 17.86% [3][4]

本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导性陈述或者重大遗漏。 浙江世宝股份有限公司（以下简称"浙江世宝"、"公司"）于2025年4月9日通过第八届董事会书面议案以 及第八届监事会书面议案审议通过了《关于使用部分闲置募集资金临时补充流动资金的议案》，同意公 司在确保不影响募集资金投资项目建设使用的情况下，使用不超过人民币10,000万元的闲置募集资金暂 时补充流动资金，使用期限为自董事会批准之日起不超过12个月。公司使用部分闲置资金暂时补充流动 资金，仅限于与主营业务相关的生产经营使用，不得通过直接或间接安排用于新股配售、申购，或用于 股票及其衍生品种、可转换公司债券等的交易。具体内容详见公司2025年4月10日在巨潮资讯网 （www.cninfo.com.cn）的信息披露。 1、本次提前归还部分补充流动资金的相关凭证 特此公告。 浙江世宝股份有限公司董事会 2026年2月11日 根据募集资金投资项目进度及资金安排，公司已于近日将上述部分用于暂时补充流动资金的人民币 1,000万元提前归还至公司募集资金专户，使用期限未超过12个月，并将上述归还情况通知了保荐机构 及保荐代表人。 截 ...

海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第 13.10B 條發出。以下為浙江 世寶股份有限公司於深圳證券交易所網站所刊發之「浙江世寶股份有限公司關於提前歸還部分 補充流動資金的公告」。 Zhejiang Shibao Company Limited* 浙江世寶股份有限公司 （於中華人民共和國註冊成立的股份有限責任公司） （股份代號：1057） 承董事會命 浙江世寶股份有限公司 董事長 張世權 中國•浙江•杭州 2026年2月11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之內容概不負責，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全部或任何部分內容而産生或因倚賴 該等內容而引致之任何損失承擔任何責任。 浙江世宝股份有限公司 关于提前归还部分补充流动资金的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 浙江世宝股份有限公司（以下简称"浙江世宝"、"公司"）于 2025 年 4 月 9 日通过第八届董事会书面议案以及第八届监事会书面议案审议通过了《关于 使用部分闲置募集资金临时补充流动资金的议案》，同 ...

本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 证券代码：002703 证券简称：浙江世宝 公告编码：2026-002 浙江世宝股份有限公司 关于提前归还部分补充流动资金的公告 浙江世宝股份有限公司（以下简称"浙江世宝"、"公司"）于 2025 年 4 月 9 日通过第八届董事会书面议案以及第八届监事会书面议案审议通过了《关于 使用部分闲置募集资金临时补充流动资金的议案》，同意公司在确保不影响募集 资金投资项目建设使用的情况下，使用不超过人民币 10,000 万元的闲置募集资 金暂时补充流动资金，使用期限为自董事会批准之日起不超过 12 个月。公司使 用部分闲置资金暂时补充流动资金，仅限于与主营业务相关的生产经营使用，不 得通过直接或间接安排用于新股配售、申购，或用于股票及其衍生品种、可转换 公司债券等的交易。具体内容详见公司 2025 年 4 月 10 日在巨潮资讯网 （www.cninfo.com.cn）的信息披露。 根据募集资金投资项目进度及资金安排，公司已于近日将上述部分用于暂时 补充流动资金的人民币 1,000 万元提前归还至公司募集资金专户，使用期限未 ...

Core Insights - The article highlights the top and bottom AH premium rates for various stocks, indicating significant discrepancies between H-shares and A-shares [1] Group 1: Top AH Premium Rates - Northeast Electric (00042) has the highest AH premium rate at 831.03%, with H-share priced at 0.290 HKD and A-share at 2.25 CNY [1] - Zhejiang Shibao (01057) follows with a premium rate of 347.33%, H-share at 5.810 HKD and A-share at 21.7 CNY [1] - Sinopec Oilfield Service (01033) ranks third with a premium rate of 304.44%, H-share at 0.900 HKD and A-share at 3.04 CNY [1] Group 2: Bottom AH Premium Rates - Contemporary Amperex Technology (03750) has the lowest AH premium rate at -13.97%, with H-share priced at 513.500 HKD and A-share at 368.82 CNY [1] - China Merchants Bank (03968) has a premium rate of -3.80%, H-share at 49.220 HKD and A-share at 39.53 CNY [1] - Heng Rui Medicine (01276) shows a minimal premium rate of -0.35%, with H-share at 69.050 HKD and A-share at 57.45 CNY [1] Group 3: Top Deviation Values - Sinopec Oilfield Service (01033) leads in deviation value at 26.29%, indicating a significant difference from its average premium rate [1] - Beijing Jingcheng Machinery Electric (00187) has a deviation value of 22.66% [1] - Longpan Technology (02465) ranks third with a deviation value of 19.24% [1] Group 4: Bottom Deviation Values - Junda Co., Ltd. (02865) has the lowest deviation value at -66.46%, indicating a substantial drop from its average premium rate [1] - Zhejiang Shibao (01057) follows with a deviation value of -42.67% [1] - Yangtze Optical Fibre and Cable (06869) shows a deviation value of -33.26% [1]