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。 ...

东方甄选(1797.HK)逆势拉升涨近10%，报26.42港元。 来源：滚动播报 ...

Core Viewpoint - The report highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies, which may signal investment trends and market sentiment. Group 1: Companies with Increased Holdings - Changfei Fiber Optics (06869) saw the largest increase in holdings, up by 5.51%, bringing the total to 68.51% [1][2] - Tongyuan Kang Pharmaceutical-B (02410) increased by 2.18%, with a new holding percentage of 23.40% [1][2] - Fortior Technology (Shenzhen) Co., Ltd. (01304) experienced a 2.14% increase, resulting in a holding of 14.00% [1][2] - Other notable increases include Tianyue Advanced (02631) at +1.85% (13.18%) and Kanglong Chemical (03759) at +1.48% (62.37%) [2] Group 2: Companies with Decreased Holdings - Southern Hengsheng Technology (03033) had the largest decrease, down by 1.10% to 60.60% [1][2] - Haotian International Construction Investment (01341) decreased by 0.90%, now at 60.82% [1][2] - Beijing Beichen Industrial Holdings (00588) saw a reduction of 0.76%, bringing its holding to 39.85% [1][2] - Other significant decreases include Hongye Futures (03678) at -0.74% (63.01%) and Yisou Technology (02550) at -0.73% (35.50%) [2] Group 3: Five-Day Holding Changes - Over the last five trading days, Tongyuan Kang Pharmaceutical-B (02410) had the highest increase at +6.99%, with a holding of 23.40% [1][3] - Changfei Fiber Optics (06869) increased by 5.91%, reaching 68.51% [1][3] - Longpan Technology (02465) saw a 5.41% increase, now at 51.46% [1][3] - Conversely, Shandong Molong (00568) experienced the largest decrease at -4.44%, with a holding of 55.22% [1][3] Group 4: Twenty-Day Holding Changes - In the last twenty days, Zhongyuan Marine Energy (01138) had the highest increase at +12.54%, with a holding of 69.07% [1][4] - Changfei Fiber Optics (06869) also saw a significant increase of +12.33%, now at 68.51% [1][4] - Tongyuan Kang Pharmaceutical-B (02410) increased by +8.83%, reaching 23.40% [1][4]

Group 1 - The concert titled "The Voice of Selection" will take place on September 19 at 19:00 in Altay, Xinjiang, featuring a collaboration between Oriental Selection and several renowned singers [1][4] - The event will be live-streamed on Douyin's Oriental Selection channel, with exclusive behind-the-scenes content available on the Oriental Selection App [4] - The concert aims to connect audiences of different regions and age groups through classic songs while showcasing the natural beauty and cultural charm of Altay, Xinjiang [4] Group 2 - The lineup includes famous artists such as Water Wood Year Hua, Sa Dingding, Wang Qi, Rong Zhongerjia, and Tengger [4] - Previous online concerts hosted by Oriental Selection received widespread acclaim, indicating a positive reception for live music events [4] - The concert will feature not only musical performances but also interactive segments like live interviews, enhancing audience engagement [4]