Market Overview - The Hong Kong stock market opened slightly lower on January 19, with the Hang Seng Index down 0.76% at 26,641.6 points, the Hang Seng Tech Index down 0.77% at 5,777.07 points, the State-Owned Enterprises Index down 0.76% at 9,151.07 points, and the Red Chip Index down 0.4% at 4,122.65 points [1] - Major tech stocks experienced declines, including Alibaba down 2.53%, Tencent down 0.65%, JD.com down 0.53%, Xiaomi down 1.29%, NetEase down 0.83%, Meituan down 1.2%, Kuaishou down 1.53%, and Bilibili down 2.69% [1] - The non-ferrous metals sector was active, with Zijin Mining rising over 3%, while the lithium battery sector saw most stocks increase, with BYD rising over 1% [1] - Some domestic property stocks fell, with Country Garden down over 10%, and the biopharmaceutical sector opened lower, with Tigermed down over 2% [1] Company News - China Shenhua (01088.HK) expects coal sales volume in 2025 to be 431 million tons, a year-on-year decrease of 6.4% [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income in 2025 to reach 195.899 billion yuan, a year-on-year increase of 15% [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in the fourth quarter of 2025 [4] - Ronshine China (03301.HK) expects total contract sales in 2025 to be approximately 3.777 billion yuan, a year-on-year decrease of 50.96% [5] - Tianhong International Group (02678.HK) issued a profit warning, expecting a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Qizhi Group (00917.HK) anticipates turning a profit in 2025, with net profit estimated between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) issued a profit warning, expecting adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than approximately 750 million yuan for its tobacco flavor business in 2025 [5] Strategic Insights - Guojin Securities suggests that the Hong Kong stock market is entering a "spring market" at the beginning of 2026, likely to continue until mid-year, driven by domestic and international easing expectations and policy collaboration [9] - Galaxy Securities anticipates narrow fluctuations in the Hong Kong stock market due to reduced short-term interest rate cut expectations from the Federal Reserve and increased global geopolitical uncertainties [9] - GF Securities views the chemical industry as a typical cyclical sector, predicting a "dawn" phase for the chemical industry amid capital expenditure growth turning negative and a focus on domestic demand expansion [9]

Core Viewpoint - Tianhong International Group (02678) expects a significant increase in net profit for the year ending December 31, 2025, projecting an increase of approximately 60% compared to the year ending December 31, 2024, amounting to around RMB 589 million [1] Group 1: Financial Performance - The anticipated increase in net profit is primarily attributed to a recovery in domestic and international market orders for the year 2025 [1] - The company expects improvements in both sales volume and capacity utilization compared to 2024, which will contribute to an increase in product gross margin for 2025 [1] - Financial expenses are expected to decrease significantly in 2025 compared to 2024, due to the continued optimization of the company's asset-liability structure [1]

Core Viewpoint - Tianhong International Group (02678) expects a significant increase in net profit for the year ending December 31, 2025, projected to be approximately RMB 5.89 billion, representing an increase of about 60% compared to the year ending December 31, 2024 [1] Group 1: Financial Performance - The anticipated increase in net profit is primarily due to a recovery in domestic and international market orders for the year 2025 [1] - The company expects improvements in both sales volume and capacity utilization compared to the year 2024, contributing to enhanced product gross margins [1] - Financial expenses are expected to decrease significantly in 2025 compared to 2024, attributed to the ongoing optimization of the company's asset-liability structure [1]

Core Viewpoint - Tianhong International Group (02678.HK) expects a significant increase in net profit for the fiscal year ending December 31, 2025, projecting an approximate 60% rise compared to the fiscal year ending December 31, 2024, with an estimated net profit of around RMB 589 million [1] Group Performance - The anticipated increase in net profit is primarily attributed to a recovery in domestic and international market orders for the fiscal year 2025 [1] - The company expects improvements in both sales volume and capacity utilization compared to fiscal year 2024, contributing to enhanced product gross margins for 2025 [1] Financial Structure - The company has been optimizing its asset-liability structure, leading to a noticeable decrease in financial expenses for the fiscal year 2025 compared to fiscal year 2024 [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佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何 部分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。 TEXHONG INTERNATIONAL GROUP LIMITED 本公司董事會（「董事會」）謹此知會本公司股東及有意投資者，基於本集團截至二零 二五年十二月三十一日止年度（「二零二五年度」）的未經審核綜合管理賬目的初步評 估及董事會目前可得的其他資料，預期本集團將錄得淨利潤較截至二零二四年十二 月三十一日止年度（「二零二四年度」）的約人民幣5.89億元增加約60%。 天虹國際集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2678） 盈利預喜 本公佈乃由天虹國際集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據 香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及香港法例第571章 證券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）而刊發。 本集團預期淨利潤大幅增加乃主要由於二零二五年度國內外市場訂單有所回升，本 集團銷量及產能利用率與二零二四年度相 ...

Core Viewpoint - The city of Binzhou is transforming from a saline-alkali land into a hub of technological innovation and open trade, focusing on enhancing its industrial matrix and improving the quality of life for its residents, with a vision extending towards 2026 [1][10]. Group 1: Technological Innovation - The previously limiting saline-alkali land has become fertile ground for technological innovation, exemplified by the intelligent workshop of Weiqiao Textile, where AGV vehicles operate along a 35-kilometer track using 5G technology for automated material handling [3][11]. - The Bohai Advanced Technology Research Institute has generated a technological innovation effect worth 12.8 billion yuan, while Weiqiao's research centers have produced over 700 scientific achievements [3][11]. - The project by Zhongyu Food for deep processing of high-quality wheat is expected to create an annual economic benefit of 4 billion yuan, contributing to the upgrade of the national grain processing industry [3][11]. Group 2: Green Shipping Initiatives - The launch of the world's first 10,000-ton offshore new energy bulk carrier, "Weiqiao Green Movement 1," marks a significant step in reducing carbon emissions in traditional shipping through the use of new energy technologies [4][12]. - This vessel, measuring 109.8 meters in length, will primarily transport aluminum ore between Yantai and Binzhou, showcasing the company's commitment to the national "dual carbon" strategy [4][12]. Group 3: International Trade and Economic Growth - Binzhou's foreign trade reached a record high, surpassing 100 billion yuan for the first time, entering the national "100 billion club" and maintaining its position among the top foreign trade cities in China [5][14]. - The number of private market entities in Binzhou is projected to reach 467,300 by 2024, with private enterprises accounting for 168,400 of that total, reflecting a significant increase in the local economy [5][14]. - Cross-border e-commerce trade has surged, increasing 11 times compared to 2021, indicating a robust growth in international trade activities [5][14]. Group 4: Community and Quality of Life Improvements - Binzhou has implemented various initiatives to enhance the quality of life, including the renovation of 832 old residential communities benefiting 98,000 households, and the installation of 296 elevators in existing multi-story buildings [8][15]. - The city has focused on creating child-friendly spaces and improving accessibility for the elderly and disabled, achieving 100% coverage for wheelchair ramps and blind paths [8][15]. - Community programs have been established to provide employment opportunities for parents, allowing them to balance work and family responsibilities effectively [9][16]. Group 5: Future Development Goals - As Binzhou enters the "14th Five-Year Plan" period, it aims to maintain a steadfast commitment to high-quality development, emphasizing innovation and collaboration between government and enterprises [17].

Core Viewpoint - Tianhong International Group (02678) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1: Share Buyback Details - The company will repurchase 166,500 shares at a total cost of HKD 796,800 [1] - The buyback price per share ranges from HKD 4.74 to HKD 4.81 [1]

Core Viewpoint - Tianhong International Group (02678) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company will repurchase 166,500 shares at a total cost of HKD 796,800 [1] - The buyback price per share ranges from HKD 4.74 to HKD 4.81 [1]

Group 1 - The company Tianhong International Group (02678.HK) announced a share buyback on January 5, 2026, spending HKD 796,800 to repurchase 166,500 shares at a price range of HKD 4.74 to HKD 4.81 per share [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 天虹國際集團有限公司 呈交日期： 2026年1月5日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02678 | 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 ...