Core Viewpoint - Tianyue Advanced (02631) announced that its shareholder, Hubble Investment, plans to reduce its stake in the company by up to 3,876,948 shares, representing no more than 0.8% of the total share capital [1] Summary by Relevant Sections - Shareholder Action - Hubble Investment intends to sell a total of up to 3,876,948 shares through centralized bidding, which constitutes no more than 0.8% of the company's total share capital [1] - Reduction Timeline - The reduction period is set to commence 15 trading days after the announcement and will last for a duration of 3 months [1]

Group 1 - The core point of the article is that Tianyue Advanced (02631) received a notification from Guocai Fund regarding a change in shareholding, where Guocai Fund reduced its stake in the company as part of a previously disclosed plan [1] - Following the equity change, Guocai Fund's shareholding decreased from 7.88% to 7.00%, resulting in a reduction of approximately 4.2746 million shares [1] - The total number of shares held by Guocai Fund after the change is 33,899,427 shares [1]

Core Viewpoint - Tianyue Advanced (02631) announced a reduction in shareholding by Guocai Fund, which is part of a previously disclosed share reduction plan [1] Summary by Relevant Sections - **Shareholding Change** - Guocai Fund's shareholding decreased from 7.88% to 7.00%, resulting in a reduction of approximately 4.2746 million shares [1] - **Current Shareholding Status** - After the reduction, Guocai Fund holds a total of 33,899,427 shares in the company [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，並明確表示概不會對本公告的全部或任何部分內容所產生或 因依賴該等內容而引致的任何損失承擔任何責任。 山東天岳先進科技股份有限公司 SICC CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號：2631） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 茲載列山東天岳先進科技股份有限公司於上海證券交易所網站( www.sse.com.cn ) 所刊發的公告，僅供參考。 承董事會命 山東天岳先進科技股份有限公司 董事長、執行董事兼總經理 宗艷民先生 香港，2025年9月26日 於本公告日期，董事會成員包括(i)執行董事宗艷民先生、高超先生及王俊國先生；(ii)非執行 董事邱宇峰先生、李婉越女士及方偉先生；及(iii)獨立非執行董事李洪輝先生、劉華女士及 黎國鴻先生。 | 股证券代码：688234 | 证券简称：天岳先进 | 公告编号：2025-067 | A | | --- | --- | --- | --- | | 港股证券代码：02631 | ...

（股份代號：2631） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 茲載列山東天岳先進科技股份有限公司於上海證券交易所網站( www.sse.com.cn ) 所刊發的公告，僅供參考。 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，並明確表示概不會對本公告的全部或任何部分內容所產生或 因依賴該等內容而引致的任何損失承擔任何責任。 山東天岳先進科技股份有限公司 SICC CO., LTD. （於中華人民共和國註冊成立的股份有限公司） 重要内容提示： 1、会议召开时间：2025 年 10 月 13 日（星期一）14:00-15:00 2 、 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 3、会议召开方式：上证路演中心网络互动 承董事會命 山東天岳先進科技股份有限公司 董事長、執行董事兼總經理 宗艷民先生 香港，2025年9月26日 於本公告日期，董事會成員包括(i)執行董事宗艷民先生、高超先生及王俊國 ...

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，並明確表示概不會對本公告的全部或任何部分內容所產生或 因依賴該等內容而引致的任何損失承擔任何責任。 於本公告日期，董事會成員包括(i)執行董事宗艷民先生、高超先生及王俊國先生；(ii)非執行 董事邱宇峰先生、李婉越女士及方偉先生；及(iii)獨立非執行董事李洪輝先生、劉華女士及 黎國鴻先生。 山東天岳先進科技股份有限公司 SICC CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號：2631） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 茲載列山東天岳先進科技股份有限公司於上海證券交易所網站( www.sse.com.cn ) 所刊發的公告，僅供參考。 承董事會命 山東天岳先進科技股份有限公司 董事長、執行董事兼總經理 宗艷民先生 香港，2025年9月26日 | 股证券代码：688234 | A | 证券简称：天岳先进 | 公告编号：2025-066 | | --- | --- | --- | --- | | 港股证券代码：02631 | ...

Group 1 - The core point of the article is that Shandong Tianyue Advanced Technology Co., Ltd. announced a share reduction plan by a major shareholder, Hubble Technology Venture Capital Co., Ltd. [1] Group 2 - Hubble Investment holds 27.6225 million shares, accounting for 5.63% of the total share capital of Tianyue Advanced, and has not reduced its holdings since the company's IPO [2] - Hubble Investment plans to reduce its holdings by up to 3.876948 million shares, which is not more than 0.8% of the total share capital, through centralized bidding from October 27, 2025, to January 26, 2026 [3] - The reduction plan is based on internal decisions and exit needs, and it will not significantly impact the company's governance structure or ongoing operations [4]

Group 1 - Tianyue Advanced (02631.HK) saw its stock price increase by over 4% on September 24, reaching a rise of 4.42% to HKD 63.8 [1] - The trading volume for Tianyue Advanced was reported at HKD 138 million [1]

Core Viewpoint - Tianyue Advanced (02631) saw a stock price increase of over 4%, currently trading at 63.8 HKD, driven by Meta's announcement of new AI smart glasses at the Connect conference, which reignited enthusiasm in the global AR glasses market [1] Company Summary - Tianyue Advanced has taken the lead in the silicon carbide AR glasses sector, having launched a 12-inch silicon carbide substrate and is currently promoting the industrialization of 12-inch optical-grade substrates [1] - The chairman of Tianyue Advanced, Zong Yanmin, indicated that as the technology for large-size silicon carbide substrates matures, the prices of silicon carbide lenses for AR glasses are expected to gradually decrease [1] Industry Summary - The introduction of larger silicon carbide substrates enhances production efficiency, with a 6-inch substrate capable of producing approximately 2 pairs of AR glasses, an 8-inch substrate producing about 3-5 pairs, and a 12-inch substrate producing around 10-12 pairs [1] - Larger substrate sizes reduce edge waste, leading to lower unit costs, thus providing a better cost-performance ratio for large-size silicon carbide substrates [1]

Group 1 - Tianyue Advanced (02631) saw a stock price increase of over 4%, currently trading at 63.8 HKD with a transaction volume of 138 million HKD [1] - Meta announced the launch of three new AI smart glasses at the Connect conference, reigniting enthusiasm in the global AR glasses market [1] - Tianyue Advanced has taken the lead in the silicon carbide AR glasses sector, having already introduced a 12-inch silicon carbide substrate and is pushing for the industrialization of 12-inch optical-grade substrates [1] Group 2 - The chairman of Tianyue Advanced, Zong Yanmin, stated that as the technology for large-size silicon carbide substrates matures, the prices of silicon carbide lenses for AR glasses are expected to gradually decrease [1] - The substrate utilization rates indicate that a 6-inch silicon carbide substrate can produce approximately 2 pairs of AR glasses, an 8-inch can produce 3-5 pairs, and a 12-inch can produce 10-12 pairs [1] - Larger silicon carbide substrates result in less edge waste, leading to lower unit costs, thus providing a better cost-performance ratio [1]