Group 1: Market Performance - The Hong Kong stock market has seen a cumulative increase of 5,969 points over the past eight months, but started September with mixed performance, with the Hang Seng Index down by 17 points or 0.1%, closing at 27,953 points and a trading volume of HKD 1,005.67 million [1] - Macau's gaming revenue for August rose by 20.4% year-on-year, aligning with market expectations, leading to a surge in gaming stocks, particularly Galaxy Entertainment, which reached a nearly 33-month high with a 3.9% increase, closing at HKD 51 [1] Group 2: Company Performance - China Tuhu (02399.HK) reported a 19.8% increase in net profit to RMB 73.8 million for the six months ending June, despite a 4.9% decrease in revenue to RMB 600 million and a similar decline in gross profit [2] - The company's EBITDA, net profit margin, and return on equity improved by 4.1 percentage points, 2.5 percentage points, and 0.7 percentage points to 22.5%, 12.3%, and 9.8% respectively [2] - Tuhu's trade receivables turnover days decreased by 34 days to 108 days, and the debt-to-asset ratio significantly narrowed by 12.5 percentage points to 32.2%, indicating ongoing improvement in overall metrics [2] Group 3: Acquisition and Future Prospects - Tuhu acquired 100% of Chameleon Ventures Limited for RMB 340 million, which operates over 40 retail stores in Beijing, with past profits of RMB 16.34 million and RMB 18.59 million over the last two years [3] - The seller provided a profit guarantee, ensuring that Tuhu's profit will not be less than RMB 26 million this year, with compensation for any shortfall [3] - Tuhu plans to leverage the new acquisition to enhance sales and continue optimizing underperforming stores, with a potential price target of around RMB 7.7, indicating a possible upside of approximately 30% [3]

Group 1 - The Hong Kong stock market showed a fluctuating performance last week, with the Hang Seng Index closing at 31,267 points, up 301 points or 1%, and a total turnover of HKD 103.33 billion [1] - The Hang Seng Index rose a total of 151 points or 0.5% in the first week of the Year of the Dog, marking a two-week increase of 1,759 points or 6% [1] - Despite the takeover of Anbang by the China Insurance Regulatory Commission and the prosecution of its former chairman, Chinese financial stocks remained stable, with Bank of China and China Life rising by 2.1% and 1.1% respectively [1] Group 2 - The Hong Kong stock market has entered a peak earnings season, with some underperforming stocks, such as TUDOU, experiencing a price increase despite issuing profit warnings [2] - TUDOU announced a profit warning at the beginning of the month, expecting a decline of no less than 60% in net profit for the year ending 2017 due to lower-margin orders and increased advertising expenses [2] - Following the profit warning, TUDOU's stock price increased by 1.5%, indicating that the market had already absorbed the negative news [2] Group 3 - TUDOU completed the acquisition of Beijing distributor "Beijing Haoyin Fashion" for RMB 340 million last year, which significantly increased its self-operated retail stores in Beijing [3] - The acquisition of Haoyin is expected to enhance TUDOU's sales network in Beijing, as Haoyin accounted for nearly 70% of sales in the area [3] Group 4 - Technically, TUDOU has been consolidating around the HKD 6 level since June last year, with indications of accumulation by certain investors [4] - TUDOU is currently stabilizing above the 10-day, 20-day, 50-day, and 100-day moving averages, suggesting a potential buying opportunity for investors [4] Group 5 - Following the announcement of its earnings, TUDOU is expected to challenge HKD 7.7, representing a potential upside of approximately 30% from the current price [5]

Group 1 - The core viewpoint of the article highlights significant stock movements in the Hong Kong and US markets, driven by strategic partnerships, positive financial reports, and market trends [1][2][3][4][5][6][7]. Group 2 - Ocean Group (01991) saw a surge of over 13.3% after announcing a strategic partnership with CONSCIOUSNESS FOUNDATION LTD. to establish a joint venture focused on AI smart hardware, marking a significant step in its AI strategy [1]. - Gaming stocks continued to rise, with Melco International Development (00200) up 5.49% and Sands China (01928) up 3.26%, supported by a 24% year-on-year increase in Macau's gaming revenue for January [1]. - China Energy Storage (02399) increased by over 9.2% following its announcement to acquire 100% of Wuzhong Ruichu Technology for RMB 64 million [2]. - The real estate sector showed recovery, with Sunac China (01918) rising 8.2% as market confidence improved in January [3]. - Gold stocks collectively rose, with China’s gold reserves increasing to 74.19 million ounces, marking a continuous increase for 15 months [4]. - In the US market, Lexin Fintech (LX.US) rose 6.04% amid a broader market rally, with the Dow Jones reaching a historic high of 50,115.67 points [5]. - SpyGlass Pharma (SGP.US) debuted on the US market with a 65% increase, focusing on chronic eye disease treatments [6]. - Bitcoin-related stocks rebounded significantly, with Strategy (MSTR.US) up 26.11% [7].

Group 1 - China Anshun Energy (02399.HK) experienced a significant increase in stock price, rising over 10% at one point and closing up 9.23% at HKD 0.71 [1] - The trading volume for China Anshun Energy reached HKD 12.51 million [1]

Core Viewpoint - China Anshun Energy (02399) has seen a stock price increase of over 10%, currently trading at 0.71 HKD, with a transaction volume of 12.51 million HKD, following the announcement of its acquisition of 100% equity in Wuzhong Ruichu Technology Co., Ltd. for 64 million RMB, which may be adjusted [1] Group 1: Acquisition Details - The target company, Wuzhong Ruichu Technology, is primarily engaged in the electrochemical energy storage power station project located in Tongxin County, Wuzhong City, Ningxia Hui Autonomous Region [1] - The energy storage project consists of 20 modular storage units and 540 energy modules with a capacity of 186 kW/372 kWh, utilizing lithium-ion battery technology for efficient charge and discharge cycles [1] - The total installed capacity of the power station is approximately 100 MW/200 MWh, designed as a large-scale utility-grade energy storage facility [1] Group 2: Project Benefits - The project aims to support regional grid stability and renewable energy integration [1] - It is expected to generate stable revenue by providing peak shaving, frequency regulation, and ancillary services to the national grid [1]

Core Viewpoint - China Anshun Energy (02399) has seen a stock price increase of over 10%, currently trading at 0.71 HKD with a transaction volume of 12.51 million HKD, following the announcement of its acquisition of 100% equity in Wuzhong Ruichu Technology Co., Ltd. for 64 million RMB, which can be adjusted downwards [1] Group 1: Acquisition Details - The target company, Wuzhong Ruichu Technology, is primarily engaged in the electrochemical energy storage power station project located in Tongxin County, Wuzhong City, Ningxia Hui Autonomous Region [1] - The energy storage project consists of 20 modular storage units and 540 energy modules with a capacity of 186 kW/372 kWh, utilizing lithium-ion battery technology for efficient charge and discharge cycles [1] - The total installed capacity of the power station is approximately 100 MW/200 MWh, designed as a large-scale utility-grade energy storage facility [1] Group 2: Project Benefits - The project aims to support regional grid stability and renewable energy integration, providing peak shaving, frequency regulation, and ancillary services to the national grid, thereby generating stable revenue [1]

Core Viewpoint - China Anshuo Energy (02399) has seen a stock price increase of over 10%, currently trading at 0.71 HKD with a transaction volume of 12.51 million HKD, following the announcement of its acquisition of 100% equity in Wuzhong Ruichu Technology Co., Ltd. for 64 million RMB, which can be adjusted [1] Group 1: Acquisition Details - The target company, Wuzhong Ruichu Technology, is primarily engaged in the electrochemical energy storage power station project located in Tongxin County, Wuzhong City, Ningxia Hui Autonomous Region [1] - The energy storage project consists of 20 modular storage units and 540 energy modules with a capacity of 186 kW/372 kWh, utilizing lithium-ion battery technology for efficient charge and discharge cycles [1] - The total installed capacity of the power station is approximately 100 MW/200 MWh, designed as a large-scale utility-grade energy storage facility to support regional grid stability and renewable energy integration [1] Group 2: Revenue Generation Potential - The project is classified as a large-scale utility-grade energy storage facility, which can support regional grid stability and renewable energy integration [1] - It is expected to generate stable revenue by providing peak shaving, frequency regulation, and ancillary services to the national grid [1]

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 第 1 頁 共 10 頁 v 1.2.0 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 致：香港交易及結算所有限公司 公司名稱: 中國安儲能源集團有限公司 呈交日期: 2026年2月4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) | 02399 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.0025 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD ...

Core Viewpoint - China Anshun Energy Group Limited has announced a share acquisition agreement for an electrochemical energy storage project located in Ningxia, with a transaction price of 64 million yuan [1] Group 1: Project Details - The project is designed as a large utility-scale energy storage facility that supports regional grid stability and renewable energy integration [1] - It operates by purchasing electricity from the State Grid at lower prices during nighttime low demand periods and selling it back at higher prices during daytime peak demand periods, optimizing load management and capitalizing on peak-valley arbitrage opportunities [1] Group 2: Strategic Expansion - While advancing domestic project operations, China Anshun Energy is accelerating its global layout and cooperation in power and energy storage assets [1] - The company is conducting preliminary reserves and investment cooperation assessments for energy storage projects in multiple countries and regions, aiming to share long-term returns from high-quality overseas power assets while effectively controlling risks [1] - This strategy is part of a broader effort to enhance international energy investment and management capabilities [1]

Group 1 - The core viewpoint of the articles highlights the strategic expansion and operational capabilities of China Anshun Energy Group in the energy storage sector, particularly in the context of global energy transition and the importance of new energy storage systems [1][3][5]. Group 2 - China Anshun Energy Group has completed the acquisition of an electrochemical energy storage project in Ningxia, China, which is now operational and supports multiple revenue models, contributing to regional grid stability [1]. - The significance of new energy storage systems is increasing as they enhance the flexibility of power systems, ensure grid safety, and promote the consumption of renewable energy, aligning with the "14th Five-Year Plan" for energy development [3]. - The company is accelerating its global layout of power and energy storage assets, with a planned investment of approximately RMB 5.5 billion in a storage project in Norway, utilizing zinc-bromine flow battery technology [5]. - China Anshun Energy Group is also evaluating investment cooperation in energy storage projects across China, Norway, Dubai, and Southeast Asia, aiming to share long-term returns from high-quality overseas power assets while managing risks effectively [7]. - The management emphasizes a focus on energy transition trends, prioritizing energy storage projects with clear cash flow mechanisms and replicable operations to enhance asset quality and operational resilience, ultimately creating long-term value for shareholders [7].