Core Viewpoint - The company, Yuan Zheng Technology (02488), is strategically positioning itself to leverage its existing business and technology in the Real World Asset (RWA) sector, focusing on assetization of equipment and related RWA applications [1] Group 1: Business Strategy - The company plans to utilize its extensive experience in blockchain and automotive data, having filed over 300 blockchain-related patents and connected with over 390 million vehicles globally through automotive diagnostic equipment [1] - The strategy includes exploring the feasibility of RWA applications based on a selection of high-end product lines, such as PAD series automotive diagnostic devices, new energy vehicle maintenance equipment, ADAS calibration equipment, and four-wheel alignment equipment [1] Group 2: Development Initiatives - The company aims to establish technical solutions, hire additional R&D personnel, and collaborate with technology partners to develop and deploy a technical platform [1] - There is also a consideration to apply for relevant business pilot projects under compliance conditions [1]

Core Viewpoint - The company, Yuan Zheng Technology (02488.HK), is planning to leverage its existing business and technology in the Real World Asset (RWA) sector to promote assetization of equipment and related RWA applications [1] Group 1: Business Strategy - The company has a strong foundation in blockchain and automotive data, having applied for over 300 blockchain-related patents [1] - It has established connections with over 390 million vehicles globally through automotive diagnostic equipment [1] - The company aims to explore the feasibility of RWA applications based on a selection of high-end product series, including PAD series automotive diagnostic equipment, new energy vehicle maintenance equipment, ADAS calibration equipment, and four-wheel alignment equipment [1] Group 2: Development Plans - The company plans to develop technical solutions, hire additional R&D personnel, and collaborate with technology partners to create and deploy a technology platform [1] - It will consider applying for relevant business pilot projects under compliance requirements [1]

本公司在區塊鏈和汽車數據領域具備深厚積累，已申請區塊鏈相關專利超過300項，累計通過汽車診 斷設備與全球逾3.9億台車建立連接。據此，本公司擬以部分高端產品系列（包括PAD系列汽車診斷設 備、新能源車維修保養設備、ADAS校準設備、四輪定位設備等）資產為基礎，探索RWA應用之可行 性，包括制定技術方案、增聘相關研發人員、與技術合作夥伴共同開發及部署技術平台，以及在合 規前提下考慮申請相關業務試點。 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 整性亦無發表任何聲明，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 容而引致之任何損失承擔任何責任。 深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED* （在中華人民共和國註冊成立之股份有限公司） （股份代號：2488） 自願公告－開展設備資產化及相關RWA應用之戰略佈局 深圳市元征科技股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈：本公司將結合現有業務積累與 真實世界資產(RWA)領域技術，推動設備資產化及相關RWA應用之戰略佈局。 董事長 劉新 中國深圳，二零二五 ...

Core Viewpoint - Multiple companies, including Tencent Holdings and China Hongqiao, conducted share buybacks on August 20, 2025, with Tencent leading in both volume and monetary value [1]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 934,000 shares for a total of 551 million [2]. - China Hongqiao (01378) repurchased 3,318,000 shares for a total of 784.03 million [2]. - Other notable buybacks include: - Techtronic Industries (00669): 250,000 shares for 25.19 million [2]. - Hang Seng Bank (00011): 200,000 shares for 22.37 million [2]. - Guochuang Tongqiao-B (02190): 100,000 shares for 2.32 million [2]. Group 2: Year-to-Date Buyback Performance - Year-to-date buyback totals for selected companies include: - Tencent Holdings: 40,267,000 shares, representing 0.438% of total shares [2]. - China Hongqiao: 52,641,500 shares, representing 0.560% of total shares [2]. - Techtronic Industries: 750,000 shares, representing 0.041% of total shares [2]. - Other companies with significant year-to-date buybacks include: - Maple Leaf Education (01317): 4,903,200 shares, representing 1.650% of total shares [2]. - Yanzheng Technology (02488): 2,190,500 shares, representing 1.356% of total shares [2].

Group 1 - The company, Yuan Zheng Technology, repurchased 13,000 shares at an average price of HKD 11.48 per share, totaling approximately HKD 149,300, with a cumulative repurchase of 5.248 million shares this year, representing 3.29% of the total share capital [1] - The recent stock repurchase actions may indicate that the company believes its stock price is undervalued, aiming to signal positive market sentiment and enhance investor confidence [1] - Stock buybacks can also be utilized for employee incentive plans or to reduce the number of shares in circulation, thereby improving financial metrics such as earnings per share, which can enhance the company's market image and stabilize stock prices [1] Group 2 - Yuan Zheng Technology is a significant player in the automotive aftermarket sector, established in 1992 and headquartered in Shenzhen, China [2] - The company specializes in the research, development, production, and sales of automotive diagnostic, testing, and maintenance equipment, with a broad customer base globally [2] - Yuan Zheng Technology invests heavily in technological research and development, continuously launching innovative products to meet market demands, and holds a strong brand reputation within the industry [2]

格隆汇8月20日丨元征科技(02488.HK)公告，8月20日耗资14.9万港元回购1.3万股。 ...

元征科技(02488)发布公告，于2025年8月20日斥资14.93万港元回购股份1.3万股，每股回购价格为11.48- 11.49港元。 ...

智通财经APP讯，元征科技(02488)发布公告，于2025年8月20日斥资14.93万港元回购股份1.3万股，每股 回购价格为11.48-11.49港元。 ...

FF305 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02488 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年8月19日 | 159,170,600 | | | 0 | | 159,170,600 | | 1). 其他 (請註明) | | | % | | HKD | 0 | | | 註銷股份 | | | | | | | | | 變動日期 2025年8月20日 | | | | | | | | ...

Group 1 - The companies involved in the share buyback on August 19, 2025, include Tencent Holdings, China Hongqiao, Hang Seng Bank, Concord Medical, Yuan Zheng Technology, and Qianhai Equity Investment [1] - Tencent Holdings had the largest buyback amount, repurchasing 932,000 shares for a total of 550 million [1] - The cumulative buyback amounts for the year show Tencent Holdings at 39.33 million shares, representing 0.428% of its total share capital [1] Group 2 - China Hongqiao repurchased 3.98 million shares for a total of 93.29 million, with a cumulative buyback of 4.93 million shares, accounting for 0.530% of its total share capital [1] - Hang Seng Bank bought back 200,000 shares for 22.38 million, with a cumulative total of 2.60 million shares, which is 0.138% of its total share capital [1] - Concord Medical repurchased 116,300 shares for 1.16 million, with a cumulative buyback of 216,200 shares, representing 0.299% of its total share capital [1] - Yuan Zheng Technology bought back 8,500 shares for 99,700, with a cumulative total of 217,750 shares, accounting for 1.348% of its total share capital [1] - Qianhai Equity Investment repurchased 14,800 shares for 19,300, with a cumulative total of 70,720 shares, representing 0.236% of its total share capital [1]