Major Developments - Weimob Group (02013) has established Weimob Overseas and become the exclusive strategic partner of Genstore.ai in China [1] - Postal Savings Bank of China (01658) plans to absorb and merge its wholly-owned subsidiary Postal Huijia Bank [1] - Xixiang Group (02473) has reached a strategic cooperation intention with Smart Donkey to jointly create high-value urban delivery solutions [1] - Jiufang Zhitu Holdings (09636) has subscribed to shares of EXIO Group Limited to accelerate the layout and market expansion of overseas digital asset business [1] - Fubo Group (03738) plans to issue zero-coupon convertible bonds worth HKD 1.6 billion due in 2026 to enhance AIGC and RWA business [1] - Tencent Holdings (00700) has completed the issuance of HKD 9 billion notes [1] - Yuan Da Pharmaceutical (00512) has received a drug registration certificate for Quqianlian Injection (20ml: 50mg) [1] - Cathay Pacific Airways (00293) reported a 28% year-on-year increase in passenger volume for the first eight months [1] Buybacks and Shareholding Changes - Tencent Holdings (00700) repurchased 867,000 shares for HKD 550 million on September 23 [1] - Midea Group (00300) repurchased 2.72 million A-shares for HKD 200 million on September 23 [1] - Anta Sports (02020) repurchased 2.12 million shares for HKD 200 million on September 23 [1] - SF Holding (06936) spent approximately HKD 80.8 million to repurchase 202,000 A-shares on September 23 [1] - Wanka Yilian (01762) saw major shareholders Gao Dinan and Jiang Yu each increase their holdings by 200,000 shares [1] - China Software International (00354) received an increase of 1.5 million shares from major shareholder Chen Yuhong [1] - Zhejiang Shibao (01057) saw its controlling shareholder Shibao Holdings reduce its stake in the company by 1.5% [1]

Group 1 - The core point of the article is that Xixiangfeng Group has announced a strategic cooperation intention with Hangzhou Zhihui Mandun Technology Co., Ltd. on September 19, 2025 [1] - The collaboration will focus on urban delivery and logistics ecosystem, including automated delivery and robotic minibus urban delivery [1] - Other areas of cooperation include financial leasing and operational leasing solutions, asset holding and lifecycle management, digital/AI empowerment, road access rights, and market development [1]

Core Viewpoint - The strategic cooperation between 喜相逢集团 and 杭州智慧蛮驴科技有限公司 aims to enhance urban logistics and delivery solutions through technology-driven initiatives and resource integration [1][2]. Group 1: Strategic Cooperation Details - The companies plan to collaborate in areas such as automated delivery, financial leasing solutions, asset management, digital/AI empowerment, and market development [1]. - The partnership signifies the beginning of a relationship focused on creating high-value urban delivery solutions and a user service system [1]. Group 2: Company Background - 智慧蛮驴 is a Chinese company specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [1]. - 智慧蛮驴 is a subsidiary of 菜鸟集团, which focuses on global logistics and supply chain solutions [1]. Group 3: Expected Outcomes - If the cooperation is formalized, it will accelerate the deployment of smart logistics, improve operational efficiency, optimize cost structures, and broaden revenue sources for the company [2].

Core Viewpoint - The strategic cooperation between Xixiangfeng Group and Hangzhou Zhihui Mandun Technology Co., Ltd. aims to enhance urban logistics and delivery solutions through automation and technology integration [1][2] Group 1: Strategic Cooperation Details - The cooperation will focus on areas such as automated delivery, financial leasing solutions, asset lifecycle management, digital/AI empowerment, and market development [1] - The partnership seeks to leverage each company's resource advantages to create high-value urban delivery solutions and a user service system [1] Group 2: Company Background - Zhihui Mandun is a Chinese company specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [1] - Zhihui Mandun is a subsidiary of Cainiao Group, which focuses on global logistics and supply chain solutions [1] Group 3: Expected Outcomes - If the cooperation is formalized, it will accelerate the deployment of smart logistics, improve operational efficiency in urban delivery, and optimize cost structures [2] - The technology-driven leasing and service model is expected to broaden revenue sources, benefiting the company and its shareholders in the long term [2]

Core Insights - The company has entered into a strategic cooperation intention with Hangzhou Smart Donkey Technology Co., Ltd. to enhance urban logistics solutions [1][2] - The collaboration aims to integrate resources to create high-value urban delivery solutions and promote innovation in the logistics industry [1] Group 1: Strategic Cooperation - The strategic cooperation will focus on areas such as automated delivery, financial leasing, asset management, digital/AI empowerment, and market development [1] - Specific details of the cooperation will be finalized in a subsequent agreement [1] Group 2: Company Background - Smart Donkey is a subsidiary of Cainiao Group, specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [2] - The partnership is expected to accelerate the deployment of smart logistics, enhance operational efficiency, and optimize cost structures for the company [2]

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，並表明概不就因本公告全部或任何部分內容而產生或依賴該等內 容而引致的任何損失承擔任何責任。 XXF GROUP HOLDINGS LIMITED 喜相逢集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2473） 自願性公告 本公告乃由喜相逢集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願作出，以向本公司股東及潛在投資者提供本集團最新業務發展的詳情。 本公司董事（「董事」）會（「董事會」）欣然宣佈，本公司於2025年9月19日與杭州智 慧蠻驢科技有限公司（「智慧蠻驢」）正式商談戰略合作，達成戰略合作意向。 1 智慧蠻驢為一家於中華人民共和國註冊成立的公司，專注於物流場景下的無人 車╱機器人領域，業務能力涵蓋機器人╱車輛製造、系統集成，並為自動化城市 配送解決方案提供運營及技術支持。智慧蠻驢是菜鳥集團的附屬公司，菜鳥集團 專注於全球物流與供應鏈解決方案，運營著一個全面的物流網絡，為全球電子商 務及其他行業提供創新高效的配送服務。 據董事經作出一切合理查詢後所深知、盡悉及確 ...

Core Viewpoint - The strategic partnership between Alibaba's Cainiao Group and Xixiangfeng Group aims to enhance urban logistics through digitalization and automation, focusing on cost reduction and efficiency improvements in delivery services [1] Company Summary - Xixiangfeng Group's stock rose nearly 8%, reaching HKD 10.7 with a trading volume of HKD 69.34 million following the announcement of the partnership [1] - The collaboration will explore various dimensions including consumer experience optimization, asset management, and financing leasing [1] Industry Summary - According to a report by China Securities, there were 14.59 million urban delivery vehicles in China in 2022, with an estimated annual replacement space of approximately 2.92 million for unmanned delivery vehicles [1] - If the penetration rate of unmanned vehicles reaches 9.5% by 2030, the market space for hardware and software in this sector is projected to reach CNY 37.34 billion [1] - The promotion of unmanned technology is seen as a definitive industry trend, supported by technological maturity, cost reduction, and favorable policies [1]

Market Updates - UBTECH (09880) rose over 4% after signing a global strategic cooperation agreement with Cloud Intelligence Technology on September 21, with initial orders expected to be fulfilled [1] - Changfei Fiber Optics (06869) fell over 2% as shareholders reduced their holdings by a total of 10% in H-shares, with no significant impact on financial data from the hollow-core fiber [1] - Gold stocks mostly increased, with Lingbao Gold (03330) up over 4%, Zhaojin Mining (01818) up over 3%, China Silver Group (00815) up over 4%, and Shandong Gold (01787) up over 3%. The Federal Reserve's interest rate cut is expected to support a fluctuating upward trend in gold prices [1] - Yihuatong (02402) surged over 18% after partnering with Toyota to establish a fuel cell company and announcing the termination of the acquisition of Xuyang Hydrogen Energy [1] - WuXi AppTec (02268) increased over 6% after finalizing a subscription agreement that will raise WuXi Biologics' stake to over 50% [1] - Hong Kong Broadband (01310) dropped over 3% after announcing a share placement by its controlling shareholder, China Mobile Hong Kong, to restore public shareholding [1] - Huiju Technology (01729) rose over 10% following a strategic cooperation agreement with OpenAI to develop a revolutionary AI device for consumers [1] Shipping Sector - Shipping stocks experienced significant declines, with China Merchants Energy (01138) down over 6%, Seaspan (01308) down over 5%, Orient Overseas International (00316) down over 4%, and China Merchants Industry Holdings (01919) down over 4%. The Shanghai Shipping Exchange reported weak demand for Chinese export container transport, leading to continued adjustments in ocean freight rates [2] US Market Highlights - Pony.ai (PONY.US) increased by 18.55% as the CFO announced expectations to achieve key profit targets by early 2026 [3] - FedEx (FDX.US) rose 2.32% with projected revenue growth of up to 6% this year, exceeding analyst forecasts [3] - JD.com (JD.US) saw a 0.86% increase, with the iPhone 17 series achieving record sales within the first minute of pre-sale [3] - XPeng Motors (XPEV.US) rose 1.74%, reporting a 137% year-on-year increase in overseas deliveries from January to August [3] - ZTO Express (ZTO.US) fell 0.96%, with analysts noting a significant rebound in express delivery prices in August [3] - WeRide (WRD.US) surged 10.23% after its autonomous bus Robobus received Belgium's first federal-level L4 autonomous driving test license [3] - Tesla (TSLA.US) rose 2.21% as Baird upgraded its rating to "outperform," with expectations for significant stock price increases [4] - Apple (AAPL.US) increased by 3.20% following the successful launch of the iPhone 17 series on September 19 [4] - Quantum Song (QSG.US) rose 13.22%, with the chairman announcing a focus on the trendy toy sector [4]

Core Viewpoint - The strategic partnership between Alibaba's Cainiao Group and Xixiang Group aims to enhance urban logistics through digitalization and automation, focusing on cost reduction and efficiency improvements in delivery services [1]. Company Summary - Xixiang Group's stock rose nearly 8%, reaching HKD 10.7 with a trading volume of HKD 69.34 million following the announcement of the partnership [1]. - The collaboration will explore various dimensions including consumer experience optimization, asset management, and financing leasing [1]. Industry Summary - According to a report by China Securities, there were 14.59 million urban delivery vehicles in China in 2022, with an estimated annual replacement space of approximately 2.92 million for unmanned delivery vehicles [1]. - If the penetration rate of unmanned vehicles reaches 9.5% by 2030, the market for hardware and software in this sector could reach CNY 37.34 billion [1]. - The promotion of unmanned technology is seen as a definitive industry trend, supported by technological maturity, cost reductions, and favorable policies [1].

Summary of Key Points Core Viewpoint - As of September 17, 163 stocks reached their 52-week highs, indicating a positive trend in the market, with notable performances from companies like Aux International, China Water Industry Group, and Xixiang Group [1]. Stock Performance Highlights - Aux International (02080) achieved a closing price of 0.530 with a peak of 0.680, marking a high rate of 65.85% [1]. - China Water Industry Group (01129) closed at 0.940, reaching a high of 1.280, resulting in a 43.82% increase [1]. - Xixiang Group (02473) had a closing price of 10.550 and a peak of 13.340, reflecting a 35.43% rise [1]. Additional Notable Stocks - Other stocks that reached significant highs include: - Bitland (00897) with a 27.50% increase [1]. - China Science Education Industry (01756) at 27.03% [1]. - WMCH Global (08208) with a 20.00% rise [1]. Market Trends - The overall trend shows a strong performance in various sectors, with many companies experiencing substantial growth in their stock prices, indicating investor confidence and market recovery [1][2].