Group 1 - Tokyo Central Auction (01939) saw a nearly 6% increase in stock price towards the end of trading, closing at 8.62 HKD with a trading volume of 15.49 million HKD [1] - The company announced a change in its Chinese stock name from "Tokyo Central Auction" to "Shangshan Gold," effective from 9 AM on August 26 [1] - Tokyo Central Auction has established a wholly-owned subsidiary, Shangshan Technology, which aims to globalize its gold smart terminal business and expand its gold-related operations [1] Group 2 - In May, ESSA FINANCIAL, controlled by Huang Shikun, acquired Tokyo Central Auction, completing the takeover on June 20, resulting in ESSA holding a 66.83% stake and Huang becoming the actual controller [1] - In 2024, based on the mature smart recycling and purchasing terminals, Jin Yafu plans to launch an innovative "Smart Gold Store" business model, which will cover nearly 100 core cities in China by June 2025 [1] - The "Smart Gold Store" will be present in over 30 high-end commercial systems across major cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Xi'an, and Changchun [1]

Core Viewpoint - Tokyo Central Auction (01939) has seen a significant increase in stock price, rising nearly 6% towards the end of trading, with a current price of 8.62 HKD and a trading volume of 15.49 million HKD [1] Company Developments - The company announced a change in its Chinese stock name from "Tokyo Central Auction" to "Shangshan Gold," effective from 9 AM on August 26 [1] - Tokyo Central Auction has established a wholly-owned subsidiary, Shangshan Technology, which aims to globalize its gold smart terminal business and expand its gold-related operations [1] Ownership Changes - In May, ESSA FINANCIAL, controlled by Huang Shikun, acquired Tokyo Central Auction, completing the takeover on June 20, resulting in ESSA holding a 66.83% stake and Huang Shikun becoming the actual controller of the company [1] Business Model Innovation - In 2024, based on the mature smart recycling and purchasing terminals, the company plans to launch an innovative "Smart Gold Store" business model [1] - By June 2025, the "Smart Gold Store" is expected to cover nearly 100 core cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Xi'an, and Changchun, with over 30 high-end commercial systems [1]

Group 1 - Tokyo Central Auction (01939) saw a nearly 6% increase in stock price, currently up 4.36% at HKD 8.62, with a trading volume of HKD 15.4988 million [1] - The company announced a change in its Chinese stock abbreviation from "Tokyo Central Auction" to "Shangshan Gold," effective from 9 AM on August 26 [1] - Tokyo Central Auction has established a wholly-owned subsidiary, Shangshan Technology, which aims to globalize its gold smart terminal business and expand its gold-related operations [1] Group 2 - In May, ESSA Financial, controlled by Huang Shikun, acquired Tokyo Central Auction, completing the takeover on June 20, resulting in ESSA holding a 66.83% stake and Huang becoming the actual controller [1] - In 2024, based on the mature smart recycling and purchasing terminals, Jin Yafu plans to launch an innovative "Smart Gold Store" business model [1] - By June 2025, the "Smart Gold Store" is expected to cover nearly 100 core cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Xi'an, and Changchun, with over 30 high-end commercial systems [1]

Group 1 - The company Tokyo Chuo Auction Holdings Limited will change its name to Shangshan Gold International Holdings Limited effective from August 19, 2025 [1] - The Chinese name will also be changed from 东京中央拍卖控股有限公司 to 上善黄金国际控股有限公司, effective from the same date [1] - The stock trading abbreviation on the Hong Kong Stock Exchange will change from "TOKYO CHUO" to "SHANGSHAN GOLD" and from "东京中央拍卖" to "上善黄金" starting from 9:00 AM on August 26, 2025 [1] Group 2 - The company's stock code "1939" will remain unchanged despite the name change [1]

Core Viewpoint - Tokyo Chuo Auction Holdings Limited is changing its name to Shangshan Gold International Holdings Limited, effective from August 19, 2025, following a special resolution passed at the shareholders' annual meeting on August 13, 2025 [1] Group 1 - The company's English name will change from "Tokyo Chuo Auction Holdings Limited" to "Shangshan Gold International Holdings Limited" [1] - The company's Chinese name will change from "东京中央拍卖控股有限公司" to "上善黄金国际控股有限公司" [1] - The stock trading abbreviation on the Hong Kong Stock Exchange will change from "TOKYO CHUO" to "SHANGSHAN GOLD" effective from 9:00 AM on August 26, 2025 [1] Group 2 - The stock code "1939" will remain unchanged despite the name change [1]

Group 1 - The company Tokyo Chuo Auction Holdings Limited will change its English name to Shangshan Gold International Holdings Limited and its Chinese name to 上善黄金国际控股有限公司, effective from August 19, 2025 [1] - The stock trading abbreviation on the Hong Kong Stock Exchange will change from "TOKYO CHUO" to "SHANGSHAN GOLD" in English and from "东京中央拍卖" to "上善黄金" in Chinese, effective from 9:00 AM on August 26, 2025 [1] - The stock code "1939" will remain unchanged [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 分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 （前稱 東京中央拍賣控股有限公司） （於香港註冊成立的有限公司） Tokyo Chuo Auction Holdings Limited （股份代號：1939） 董事會欣然宣佈，股東於2025年8月13日舉行的股東週年大會上通過一項特別決議 案後，香港公司註冊處於2025年8月19日發出公司更改名稱證明書，證明本公司已 將其英文名稱由「Tokyo Chuo Auction Holdings Limited」更改為「Shangshan Gold International Holdings Limited」，並將其中文名稱由「東京中央拍賣控股有限公 司」更改為「上善黃金國際控股有限公司」，均於2025年8月19日起生效。 更改股份簡稱 在更改公司名稱生效後，本公司於聯交所買賣股份所用的英文股份簡稱將由 「TOKYO CHUO」更改為「SHANGSHAN GOLD」，而中文股份簡稱將由「東京中 央拍賣」更改為 ...

Core Viewpoint - The establishment of Hong Kong Shangshan Technology Co., Ltd. as a wholly-owned subsidiary by Tokyo Central Auction aims to expand its global footprint in the gold-related business, leveraging the rising demand and value of gold assets in the market [1] Group 1: Company Strategy - The company has completed the establishment of a wholly-owned subsidiary, Shangshan Technology, to focus on the globalization of gold smart terminals and expand its gold-related business [1] - The board believes that gold, as a unique asset with both commodity and financial attributes, has seen a continuous rise in global prices, leading to a significant increase in demand and market potential [1] - The initiative to set up a subsidiary is intended to diversify the company's business operations, reduce reliance on a single business, and enhance risk resilience [1] Group 2: Market Opportunities - The company aims to capitalize on the opportunities presented by the growing gold market to cultivate new profit growth points and improve overall operational performance [1] - By enhancing its technological capabilities, the company seeks to strengthen its competitive position in the market [1] - The strategic location of Hong Kong is expected to facilitate global market expansion and attract international investors [1] Group 3: Long-term Goals - The business initiatives are aligned with the company's goals of achieving diversification and sustainable development, ultimately benefiting the company and its shareholders [1]

Core Viewpoint - Tokyo Central Auction has established a wholly-owned subsidiary, Shangshan Technology, to focus on the global expansion of gold-related businesses, capitalizing on the rising demand and value of gold assets in the market [1] Group 1: Company Strategy - The establishment of Shangshan Technology aims to diversify the company's business portfolio and reduce reliance on a single business line, enhancing its risk resilience [1] - The company seeks to leverage the growth opportunities in the gold market to cultivate new profit growth points and improve overall operational performance [1] - By enhancing technological capabilities, the company aims to strengthen its competitive position in the market [1] Group 2: Market Potential - The board recognizes the significant market potential for gold, which has both commodity and financial attributes, especially given the recent continuous rise in global gold prices [1] - The strategic move is expected to attract international investors and expand the company's global market presence, utilizing Hong Kong's advantageous location and internationalization [1] Group 3: Long-term Goals - The initiatives are aligned with the company's goals for business diversification and sustainable development, ultimately benefiting the company and its shareholders [1]

Core Viewpoint - Tokyo Central Auction (01939) has established a wholly-owned subsidiary, Hong Kong Shangshan Technology Co., Ltd., to focus on the global expansion of gold smart terminals and related gold businesses [1] Group 1: Company Strategy - The board believes that gold, as a unique asset with both commodity and financial attributes, has seen a continuous rise in global prices, leading to a significant increase in the value and demand for gold assets [1] - The establishment of the subsidiary aims to diversify the company's business portfolio, reduce reliance on a single business, and enhance risk resilience [1] - The company seeks to leverage opportunities in the gold market to cultivate new profit growth points and improve overall operational performance [1] Group 2: Market Positioning - The initiative is intended to strengthen the company's technological capabilities and enhance its overall market competitiveness [1] - By utilizing Hong Kong's geographical and international advantages, the company aims to expand its global market presence and attract international investors [1] - These business measures are expected to contribute to the company's diversification and sustainable development, aligning with the interests of the company and its shareholders [1]