Core Insights - Oriental Selection's self-operated probiotic products have surpassed other self-operated products to become the top seller in Q3 2025, marking a significant expansion into the health and nutrition sector [1][3]. Product Development - Historically, Oriental Selection's self-operated product rankings were dominated by agricultural products like milk and eggs, demonstrating their established capabilities in product development, management, and sales in the agricultural and food sectors [3]. - The self-operated probiotic product, launched in May 2025, achieved the highest sales in the self-operated product category within just five months, indicating rapid market penetration in this new area [3][6]. - As of May 31, 2025, Oriental Selection's self-operated product portfolio has expanded to 732 items, covering categories from fresh food and snacks to health and nutrition products, pet food, and apparel [6]. Market Response - The launch of the probiotic product received enthusiastic market feedback, with inventory selling out multiple times, and it currently ranks first on Douyin's "Children's Probiotic Bestsellers" list [6]. - The company emphasizes a commitment to quality in its nutritional products, adhering to principles of "real additives, trustworthy ingredients, public accessibility, and strict quality control" [3][4]. Future Outlook - Oriental Selection plans to continue expanding its product matrix, focusing on the development of nutritional food products, reflecting consumer demand for high-quality and cost-effective nutrition options [6].

Core Insights - Oriental Selection's self-operated probiotic products have surpassed other self-operated products to become the top seller in Q3 2025, marking a significant expansion into the nutritional health food sector [1][2] - The rapid success of the probiotic line, launched in May 2025, indicates a strong market response, with multiple sell-outs and restocks [1] - The company plans to continue expanding its product matrix, which currently includes 732 self-operated products across various categories [1] Group 1 - The achievement of the probiotic products reflects Oriental Selection's ability to diversify beyond its core agricultural and food offerings [2] - Consumer demand for high-quality and cost-effective nutritional products is driving the success of the new probiotic line [2] - The company is committed to focusing on the development of nutritional food categories in the future [2]

Group 1 - The company, Dongfang Zhenxuan, announced an investment of RMB 50 million in a non-principal guaranteed financial product issued by China Minsheng Bank, with an expected annual return rate of 2.60% to 3.00%, maturing on December 1, 2026 [2] - Following this investment, the total principal amount of all non-redeemed financial products held by the company will reach RMB 230 million [2]

Core Viewpoint - Dongfang Zhenxuan (01797) announced the subscription of a wealth management product issued by China Minsheng Bank, with a principal amount of RMB 50 million and a non-principal guaranteed expected floating annual return rate of 2.60% to 3.00%, maturing on December 1, 2026 [1] Summary by Relevant Sections - Subscription Details - The company subscribed to a wealth management product with a principal amount of RMB 50 million [1] - The expected floating annual return rate is between 2.60% and 3.00% [1] - The maturity date of the product is set for December 1, 2026 [1] - Previous Subscriptions - Prior to this subscription, the company had already subscribed to other non-principal guaranteed floating return products [1] - The total principal amount of the subscriptions that have not yet been redeemed, including this new subscription, is RMB 230 million [1]

Core Viewpoint - Dongfang Zhenxuan (01797) has announced the subscription of a wealth management product issued by China Minsheng Bank, with a principal amount of RMB 50 million and a non-principal guaranteed expected annual return rate of 2.60% to 3.00%, maturing on December 1, 2026 [1] Group 1 - The company has subscribed to a wealth management product with a principal amount of RMB 50 million [1] - The expected annual return rate for the product is between 2.60% and 3.00% [1] - The maturity date for the subscribed product is December 1, 2026 [1] Group 2 - Prior to this subscription, the company had also subscribed to other non-principal guaranteed floating return products, with a total unredeemed principal amount of RMB 230 million [1] - The total unredeemed principal amount includes both the previous subscriptions and the current subscription [1]

Core Viewpoint - Dongfang Zhenxuan (01797.HK) has announced the subscription of a wealth management product issued by China Minsheng Bank, with a principal amount of RMB 50 million and a non-principal guaranteed expected floating annual return rate of 2.60% to 3.00% [1] Group 1 - The subscription date for the wealth management product is October 9, 2025, and the maturity date is December 1, 2026 [1] - Prior to this subscription, the company had already subscribed to other non-principal guaranteed floating return products, with a total unredeemed principal amount of RMB 230 million as of the subscription date [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。 EAST BUY HOLDING LIMITED 東方甄選控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1797） 有關認購理財產品的須予披露交易 董事會宣佈，於2025年10月9日，本集團認購由中國民生銀行發售的理財產品， 本金額為人民幣50百萬元（「認購事項」），其非保本預期浮動年化回報率為2.60% 至3.00%，到期日為2026年12月1日。於認購事項前，本集團亦已認購以下於認購 事項日期尚未贖回的非保本浮動回報產品（「尚未贖回認購事項」），而尚未贖回認 購事項及認購事項的尚未贖回本金總額為人民幣230百萬元。尚未贖回認購事項 的詳情載列如下。 | | | | | | 日期的尚未 | | --- | --- | --- | --- | --- | --- | | 序號 | 認購日期 | 本金額 | 預期回報率 | 到期日 | 贖回本金額 | | | | （人民幣百萬元） | | | ...

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: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 東方甄選控股有限公司 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01797 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00002 USD | | 100,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00002 USD | | 100,000 | 本月底法定/註冊股本總額： USD 100,0 ...

Core Viewpoint - The recent shift by XinXuan Group from a signed contract model to a partnership model for live streamers aims to reshape the relationship between the company and its streamers, potentially leading to a more diversified and resilient ecosystem in the live e-commerce industry [1][2]. Group 1: Partnership Model - The partnership model allows streamers to establish independent partnerships with XinXuan, where each streamer acts as the CEO of their own company, increasing their revenue share to 60% while XinXuan retains a 5% service fee [2]. - This model is seen as a way to eliminate the "joint liability risk" and to break the monopolistic hold of top streamers on marketing resources and profits, fostering a more diverse and risk-resistant streamer ecosystem [2][3]. Group 2: Implications for Brand Merchants - With streamers becoming independent decision-makers, their personal credibility and professionalism will directly impact their development, encouraging them to focus on professionalism and long-term reputation [2]. - The direct and personalized collaboration between brand merchants and streamer teams is expected to enhance the presentation of brand differentiation and value [2]. - However, the transition to a partnership model presents challenges for brand merchants, particularly in assessing the capabilities and qualities of streamers [3]. Group 3: Market Risks and Management Challenges - The shift to a partnership model increases the complexity and costs associated with managing multiple independent partners, as brand merchants may need to engage with various specialized streamers for different product categories [3]. - The independence of streamers may lead to increased flexibility and mobility, posing long-term brand management risks, as the relationship between live e-commerce and individual streamers becomes more tenuous [3]. Group 4: Industry Trends - The exit of prominent streamers like XinBa (Xin Youzhi) from the live streaming industry reflects a broader trend of top streamers stepping back, which has implications for the overall market dynamics [4][5]. - Companies like Dongfang Zhenxuan are exploring new strategies, such as focusing on supply chain management, which has shown positive financial results, indicating that supply chain competition may become a new focal point in the live e-commerce sector [6].

每经AI快讯，9月26日，港股东方甄选午后持续走高，现涨超8%，成交额近7亿港元。 ...