Group 1 - The core viewpoint of the article is that Zhejiang Shibao's rear wheel steering project is progressing smoothly, with mass production timing dependent on customer demand [2] Group 2 - The company responded to investor inquiries on November 24 regarding the status of its rear wheel steering project [2]

Group 1 - The company has responded to investor concerns regarding the progress of its rear-wheel steering project, stating that the development is proceeding smoothly [2] - The specific timeline for mass production of the project will depend on matching customer demand [2]

Core Insights - The article highlights the top and bottom AH share premium rates as of November 20, with Northeast Electric (00042) leading at 847.37% and Ningde Times (03750) at -3.01% [1][2] Premium Rate Rankings - The top three AH share premium rates are: - Northeast Electric (00042): 847.37% - Zhejiang Shibao (01057): 283.92% - Hongye Futures (03678): 283.88% [2] - The bottom three AH share premium rates are: - Ningde Times (03750): -3.01% - China Merchants Bank (03968): -0.06% - WuXi AppTec (02359): 4.92% [2] Deviation Value Rankings - The highest deviation values are: - Beijing Jingdian (00187): 45.70% - Zhejiang Shibao (01057): 37.82% - Sinopec Oilfield Service (01033): 32.35% [1][2] - The lowest deviation values are: - China Eastern Airlines (00670): -13.61% - Ganfeng Lithium (01772): -12.40% - China Life (02628): -11.44% [1][3]

Core Viewpoint - The company, Zhejiang Shibao (SZ002703), asserts that its operational performance is good and there are no undisclosed negative news affecting its stock price [1] Group 1 - The company's stock price has significantly declined in recent days [1] - Over the past year, the company's stock performance has lagged behind that of its industry peers [1] - The company has confirmed that it does not have any undisclosed information that should be released [1]

Core Insights - The article highlights the top and bottom AH share premium rates, indicating significant discrepancies in market valuations between H-shares and A-shares for various companies [1][2][3]. Group 1: Top AH Share Premium Rates - Northeast Electric (00042) leads with a premium rate of 815.25%, followed by Hongye Futures (03678) at 277.62% and Sinopec Oilfield Service (01033) at 276.83% [1][2]. - The premium rates for the top three companies indicate a strong market preference for their H-shares compared to A-shares [2]. Group 2: Bottom AH Share Premium Rates - Contemporary Amperex Technology (03750) has the lowest premium rate at -7.20%, with China Merchants Bank (03968) at -0.80% and Heng Rui Medicine (01276) at 4.11% [1][3]. - The negative premium for Contemporary Amperex Technology suggests a potential undervaluation of its H-shares relative to A-shares [3]. Group 3: Premium Deviation Values - Zhongwei New Materials (02579) has the highest deviation value at 77.12%, indicating a significant difference from its historical average premium rate [1][4]. - The lowest deviation values are seen in Northeast Electric (00042) at -22.71%, suggesting a consistent underperformance compared to its historical premium [1][5].

Core Insights - The article highlights the top and bottom performing AH share premium rates as of November 12, with Northeast Electric (00042) leading at 847.37% and Ningde Times (03750) at -15.85% [1][2] Summary by Category Top AH Share Premium Rates - Northeast Electric (00042) has a premium rate of 847.37% with H-share priced at 0.285 HKD and A-share at 2.25 CNY [1] - Hongye Futures (03678) follows with a premium rate of 266.57%, H-share at 3.590 HKD and A-share at 10.99 CNY [1] - Zhejiang Shibao (01057) ranks third with a premium rate of 264.95%, H-share at 4.650 HKD and A-share at 14.17 CNY [1] Bottom AH Share Premium Rates - Ningde Times (03750) shows a negative premium rate of -15.85%, with H-share at 550.000 HKD and A-share at 386.38 CNY [1] - China Merchants Bank (03968) has a premium rate of -1.59%, H-share at 52.250 HKD and A-share at 42.93 CNY [1] - Heng Rui Pharmaceutical (01276) has a premium rate of 3.59%, H-share at 71.800 HKD and A-share at 62.1 CNY [1] Top AH Share Deviation Values - Zhejiang Shibao (01057) leads with a deviation value of 27.23% [1] - Hongye Futures (03678) has a deviation value of 25.25% [1] - Sinopec Oilfield Service (01033) follows with a deviation value of 20.25% [1] Bottom AH Share Deviation Values - Andeli Juice (02218) has the lowest deviation value at -25.93% [1] - China Life (02628) follows with -19.73% [1] - CNOOC Services (02883) has a deviation value of -13.96% [1]

Core Viewpoint - Zhejiang Shibao (01057.HK) has completed its share reduction plan, as notified by Shibao Holdings, indicating a strategic move in its capital management [1] Summary by Relevant Sections - **Share Reduction Plan** - The share reduction plan was executed from September 19, 2025, to November 11, 2025 - A total of 16.45 million A-shares were reduced, representing a 2% reduction in shareholding [1]

Core Points - Zhejiang Shibao (002703) announced the completion of a share reduction plan by Shibao Holdings, which involved the reduction of 16.4526 million A-shares through block trading, accounting for 2% of the company's total share capital [1] Summary by Category - **Company Actions** - Shibao Holdings executed a share reduction plan from September 19, 2025, to November 11, 2025, successfully reducing its stake in Zhejiang Shibao [1] - **Shareholder Impact** - The reduction of 16.4526 million shares represents a significant transaction, impacting the overall shareholding structure of the company [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。 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） 控股股東減持計劃實施完畢的公告 茲提述浙江世寶股份有限公司（「浙江世寶」、「本公司」）日期為 2025 年8月29日 之公告（「該公告」），内容關於本公司控股股東浙江世寶控股集團有限公司（「世寶控 股」、「控股股東」）計劃自該公告披露之日起15個交易日後的3個月內（即2025年9月19 日至2025年12月17日，敏感期不减持）減持本公司A股股份合計不超過16,452,647股，不超 過本公司總股本的2%）（「本次股份減持計劃」），以及本公司日期為2025年9月24日之控 股股東及其一致行動人權益變動觸及1%整數倍的公告（「該變動公告」）。 2025年9月22日至2025年9月23日，世寶控股以大宗交易方式減持本公司A股股份 12,360,747股 ...

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。 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） 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控股股東減持計劃 實施完畢的公告」。 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 2025年11月12日 於本公告刊發日期，本公司董事會包括執行董事張寶義先生、湯浩瀚先生、張蘭君女士及周裕 先生；非執行董事張世權先生及張世忠先生；職工董事吳琅平先生；以及獨立非執行董事龔俊 傑先生、閔海濤先生、徐晋誠先生及李興建先生。 * 僅供識別 证券代码：002703 证券简称：浙江世宝 公告编码：2025-047 浙江世宝股份有限公司 关于控股股东减持计划实施完毕的公 ...