经济观察网 翼辰实业（01596.HK）近期主要热点集中于股东减持及关联投资亏损事件，对市场情绪产 生显著影响。 股票近期走势 翼辰实业股价近期承压，技术面显示空头趋势。截至2026年2月12日，收盘价0.55港元，近5日累计下跌 3.51%，20日跌幅达20.29%。成交活跃度低迷，2月9日-12日区间成交额仅39.84万港元，日均换手率不 足0.1%。MACD指标持续负值且柱状图扩大（2月12日为-0.027），KDJ指标中J线降至8.45，显示超卖 状态。板块方面，轨道与列车设备板块同期下跌0.54%，恒生指数跌幅1.56%，加剧个股压力。 以上内容基于公开资料整理，不构成投资建议。 近期事件 2026年2月5日，主要股东Brainstorming Cafe Limited通过公开市场减持翼辰实业2299.5万股股份，每股 作价0.6077港元，总金额约1397.41万港元，减持后持股比例降至1.16%。同期，飞天云动公告出售所持 翼辰实业股份导致约8904万港元巨额亏损，占初始投资成本的86.4%，反映其工业元宇宙战略实质性搁 浅。此外，2026年2月9日翼辰实业股东将部分股份由招银国际证券转入富途证 ...

来源：新浪港股 香港联交所最新资料显示，2月5日，Brainstorming Cafe Limited减持翼辰实业（01596）2299.5万股，每 股作价0.6077港元，总金额约为1397.41万港元。减持后最新持股数目约为260万股，最新持股比例为 1.16%。 ...

本交易涉及其他关联方：Flowing Cloud Technology Ltd、Wanglei Co.,Ltd.、张紫墨、汪磊 香港联交所最新资料显示，2月5日，Brainstorming Cafe Limited减持翼辰实业(01596)2299.5万股，每股 作价0.6077港元，总金额约为1397.41万港元。减持后最新持股数目约为260万股，最新持股比例为 1.16%。 ...

本交易涉及其他关联方：Flowing Cloud Technology Ltd、Wanglei Co., Ltd.、张紫墨、汪磊 智通财经APP获悉，香港联交所最新资料显示，2月5日，Brainstorming Cafe Limited减持翼辰实业 (01596)2299.5万股，每股作价0.6077港元，总金额约为1397.41万港元。减持后最新持股数目约为260万 股，最新持股比例为1.16%。 ...

此前翼辰实业发布公告，于2026年1月12日，卖方与本公司订立股权转让协议，本公司有条件同意根据 股权转让协议的条款及条件并在其规限下收购股权(占目标公司河北辰翔售电股权中已发行股本的 86.22%)，代价为人民币1.35亿元。 香港联交所最新资料显示，2月9日，翼辰实业(01596)股东将股票由招银国际证券转入富途证券国际香 港，转仓市值1345.60万港元，占比10.52%。 ...

此前翼辰实业发布公告，于2026年1月12日，卖方与本公司订立股权转让协议，本公司有条件同意根据 股权转让协议的条款及条件并在其规限下收购股权(占目标公司河北辰翔售电股权中已发行股本的 86.22%)，代价为人民币1.35亿元。 智通财经APP获悉，香港联交所最新资料显示，2月9日，翼辰实业(01596)股东将股票由招银国际证券转 入富途证券国际香港，转仓市值1345.60万港元，占比10.52%。 ...

Core Viewpoint - The company, once hailed as the "first domestic metaverse stock," is facing severe financial crises and strategic dilemmas following a significant loss from its investment in Hebei Yichen, reflecting the broader challenges in the metaverse industry as market rationality returns [1][2][3]. Financial Performance - In the first half of 2025, the company's revenue decreased by 14.9% to 381 million yuan, with a loss of 123 million yuan compared to a profit of 63 million yuan in the same period last year [2][7]. - The core business of AR/VR marketing services saw a revenue drop of 33.5%, with a gross margin decline of 6.4 percentage points [2][7]. - The company's reliance on marketing services, which accounted for over 56% of revenue, has been highlighted as a significant weakness, especially as client budgets contracted, leading to a 24% decrease in average spending per advertising client [2][7]. Investment and Strategic Moves - The company attempted to diversify its business by exploring short drama production, digital human development, and industrial metaverse initiatives, but these efforts have not met expectations [2][4]. - The investment in Hebei Yichen, initially seen as a promising venture, ultimately exacerbated financial pressures as the anticipated technological synergies failed to materialize [2][7]. Capital Operations - To maintain operations, the company has engaged in frequent capital operations, including two rounds of share placements in 2025, raising a total of approximately 14.6 million HKD at significant discounts to market prices [3][8]. - As of June 2025, the company's cash reserves had plummeted by 87.07%, resulting in a negative cash flow of 0.08 yuan per share [3][8]. Market Position and Challenges - The company's stock price has fallen over 95% from its peak in 2022, with a market capitalization reduced to 240 million HKD as of February 6, 2026 [3][8]. - The competitive landscape has intensified, with major internet companies building their own AR/VR ecosystems and traditional marketing firms offering low-cost virtual services, further constraining the market for specialized small and medium enterprises [4][9]. - The company is now focusing on short dramas and digital human businesses, but these new ventures face significant competition and limited application scenarios [4][9]. Future Outlook - Analysts suggest that the company must demonstrate its ability to move away from reliance on marketing subsidies and establish a sustainable profit model based on technological barriers [4][9]. - If the company fails to reverse its loss trend within the next six months, it may face severe liquidity crises or even delisting risks [4][9].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 河北翼辰實業集團股份有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） | | 未符合適用的公眾持股量要求（見下方） | | 根據《主板上市規則》第13.32B條或第19A.28B條 / 《GEM上市規則》第17.37B條或第25.21B條（視情況而定）所載的有關股份類別的最低公眾持股量要求為： | | 適用的公眾持股量門檻 初始指定門檻 - 上市股份所屬類別的已發行股份總數(不包括庫存股份)的25% | | 額外信息 | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | ...

Core Viewpoint - The company Reidi Intelligent Drive (301596.SZ) has stated that its electromagnetic brakes can be used in nuclear civilian power generation motors, but the revenue generated from this application is minimal [1] Group 1 - The electromagnetic brakes developed by the company are applicable in nuclear civilian power generation [1] - The revenue from this application is described as extremely small [1]

Core Viewpoint - The company has agreed to acquire an 86.22% stake in Hebei Chenxiang Power Sales Company for RMB 135 million, which will allow it to consolidate the financial performance of the target group into its own financial statements [1][2] Group 1: Acquisition Details - The acquisition is set to be completed on January 12, 2026, and will result in the target group becoming a subsidiary of the company [1] - The target group primarily engages in electricity-related businesses, which aligns with the company's operational needs for stable power supply [1] Group 2: Strategic Importance - The acquisition will enable the company to directly control an authorized power supplier, enhancing the stability and continuity of electricity supply [2] - This move is expected to optimize operational efficiency and compliance, while also diversifying the company's revenue sources through the development of electricity trading and supply businesses [2] Group 3: Financial Implications - The company anticipates that the acquisition will strengthen its financial flexibility due to the stable demand for electricity, which is essential for all social and economic activities [2] - The board believes that the terms of the share transfer agreement are fair and reasonable, aligning with the overall interests of shareholders [2]