Major Events - Minglue Technology (02718) plans to offer 7.219 million Class A shares globally from October 23 to October 28, with cornerstone subscriptions amounting to $59 million [1] - Wisco Properties (00230) received a privatization offer from Wisco Hong Kong at a premium of approximately 104.08%, with trading resuming on October 24 [1] - Junyu Foundation (01757) was acquired by China Venture Capital Holdings for 75% of its shares at a discount of about 79.06%, with trading resuming on October 24 [1] - Kangda Foods (00834) was acquired by Gaosi Shi for approximately 54.69% of the company’s shares at a premium of about 16.23%, with trading resuming on October 24 [1] - Hutchison China MediTech (00013) presented data on HMPL-A251 at the AACR-NCI-EORTC International Conference on Molecular Targeted and Cancer Therapeutics [1] - Giant Bio (02367) received a medical device registration certificate for its Type I α1 collagen lyophilized fiber product [1] - Yiming Anke-B (01541) completed the first patient dosing in the Phase IB/II clinical trial of IMM2510 combined with IMM01 [1] - Heng Rui Medicine (01276) received approval to conduct clinical trials for injection of Rikan Trastuzumab [1] - Hansoh Pharmaceutical (03692) had its application for HS-10365 capsule marketing approval accepted by the National Medical Products Administration [1] - Baixin An-B (02185) completed market access and the first commercial surgery for the IBERIS® RDN system in Switzerland [1] - Haotian International Construction Investment (01341) purchased a total of 646 units of Ethereum as of October 23 [1] Share Buybacks/Reductions - Cornerstone Pharmaceuticals-B (02616) saw CEO Yang Jianxin and senior management purchase an additional 1 million shares [2] - Midea Group (00300) repurchased 1.3434 million A shares for approximately 99.998 million yuan on October 23 [2] - China Communications Construction (01800) repurchased 119.45 million A shares for approximately 10.5994 million yuan on October 23 [2] - Mengniu Dairy (02319) repurchased 700,000 shares for approximately 10.0692 million HKD on October 23 [2] - Lianlian Digital (02598) spent about 7.5555 million HKD to repurchase 967,000 shares on October 23 [2] - Lianyi Rong Technology-W (09959) repurchased 2.47 million shares for approximately 7.4137 million HKD on October 23 [2] - Heng Rui Medicine (01276) repurchased 97,500 A shares for approximately 6.2808 million yuan on October 23 [2] - Gushengtang (02273) repurchased 19,860 shares for approximately 5.8634 million HKD on October 23 [2] Operating Performance - Ping An Good Doctor (01833) reported total revenue of approximately 3.725 billion yuan for the first three quarters, a year-on-year increase of 13.6%, and plans to continue expanding AI technology to enhance medical service efficiency and quality [2] - Sands China Ltd. (01928) reported a 7.5% year-on-year increase in net revenue to $1.9 billion for the third quarter [2] - Livzon Pharmaceutical (01513) announced a net profit attributable to shareholders of 1.754 billion yuan for the first three quarters, a year-on-year increase of 4.86% [2] - China Railway Construction (01186) signed new contracts totaling 1.518765 trillion yuan in the first three quarters, a year-on-year increase of 3.08% [2] - Prada (01913) reported net revenue of 4.07 billion euros for the first three quarters, a year-on-year increase of 9% [2] Additional Performance Metrics - Baio Family Interactive (02100) reported 10.2 million active accounts in the third quarter, a year-on-year increase of 37.8% [3] - Anton Oilfield Services (03337) secured new orders worth 1.273 billion yuan in the third quarter [3]

Core Viewpoint - Anton Oilfield Services (03337.HK) reported a strong performance in Q3, driven by active global oil and gas investments and robust demand for natural gas in power generation and industrial sectors [1] Group 1: Company Performance - As of October 23, 2025, Anton Oilfield Services closed at HKD 1.11, up 0.91%, with a trading volume of 4.794 million shares and a turnover of HKD 5.2371 million [1] - The company has a market capitalization of HKD 3.231 billion, ranking third in the extraction services industry [1] - Key financial metrics include: - Return on Equity (ROE): 8.63%, significantly higher than the industry average of 0.47% [1] - Revenue: HKD 5.209 billion, compared to the industry average of HKD 14.842 billion [1] - Net Profit Margin: 6.32%, above the industry average of 1.15% [1] - Gross Margin: 28.73%, slightly below the industry average of 32.36% [1] - Debt Ratio: 63.24%, compared to the industry average of 59.63% [1] Group 2: Analyst Ratings - The majority of investment banks have a "Buy" rating for Anton Oilfield Services, with one bank issuing a buy rating in the last 90 days [1] - Everbright Securities provided a buy rating on September 11, 2025, with a target price not specified [1]

Core Insights - The company has adopted a "technology service operator" strategic positioning to enhance its competitiveness in the oil and gas sector, focusing on technology investment and resource acquisition [1][2][4] - The company reported a decline in new orders for the third quarter, totaling RMB 1.273 billion, a 14.4% decrease year-on-year, with specific markets showing varied performance [1][2] - The company is actively expanding its global operations, with the opening of a global operations center in Dubai to enhance resource integration and collaboration [3][4] Order Performance - New orders in Iraq increased by 8.4% year-on-year to approximately RMB 542 million, while other overseas markets saw a significant decline of 54.4% [1][2] - In the Chinese market, new orders decreased by 10.2% year-on-year, despite ongoing efforts to secure high-quality large projects [2][4] Global Strategy and Market Expansion - The company is committed to a global strategy, focusing on early indicators and market opportunities, particularly in Iraq and other regions such as Africa and Southeast Asia [4][5] - The company aims to enhance its brand influence and establish industry benchmarks through comprehensive market research and lean operations [4][5] Technological Development - The company is focused on developing competitive technological solutions and enhancing its capabilities in digital oilfield solutions, emphasizing innovation and intellectual property protection [5] - There is a commitment to deepening autonomous technology innovation and collaboration with clients to improve technology transfer capabilities [5] Management and Operational Efficiency - The company is enhancing its internal management systems, including optimizing human resources and financial management to support sustainable growth [3][5] - Efforts are being made to build a diversified financing platform and improve supply chain management to enhance overall operational efficiency [3][5]

Core Insights - The company has adopted a "technology service operator" strategic positioning to enhance competitiveness and drive future value growth through technology investment and a revenue-sharing model [1][2][4] Group 1: Financial Performance - In Q3, the company secured new orders worth RMB 1.273 billion, a decrease of 14.4% year-on-year [1] - New orders from the Iraq market amounted to approximately RMB 542 million, reflecting an increase of 8.4% compared to the same period last year [1] - New orders from other overseas markets dropped by 54.4% year-on-year, totaling around RMB 160.6 million [1] - In the Chinese market, new orders were approximately RMB 570 million, down 10.2% year-on-year [1][2] Group 2: Market Strategy - The company is focusing on high-quality large project execution in the Chinese market, with various service projects being awarded [2] - The company is actively expanding its presence in the Middle East, particularly in Iraq, while also entering the South American market for the first time [2][3] - The company aims to strengthen its brand and market presence by managing early indicators and exploring opportunities in other regions such as Africa and Southeast Asia [4] Group 3: Global Operations and Management - The company inaugurated its Dubai Global Operations Center in September, which will serve as a strategic hub for resource integration and international business coordination [3] - The company is enhancing its internal management systems, focusing on optimizing human resources and financial management to support global business expansion [3][5] - The company is committed to building a diversified financing platform to improve capital allocation efficiency and support stable business growth [5] Group 4: Future Outlook - The global oil and gas market is expected to remain volatile due to supply dynamics and geopolitical factors, prompting the company to advance its globalization strategy [4] - The company plans to deepen its focus on technology solutions and innovation to maintain a competitive edge in the industry [5]

Core Insights - The company announced a strategic positioning as a "technology service operator" to enhance competitiveness and drive future value growth through technology investment and a revenue-sharing model [1][2] Group 1: Market Performance - In Q3, the company secured new orders amounting to RMB 1,272.9 million, a decrease of 14.4% year-on-year [1] - New orders from the Iraq market were approximately RMB 542.2 million, reflecting an increase of 8.4% compared to the same period last year [1] - New orders from other overseas markets totaled about RMB 160.6 million, showing a significant decline of 54.4% year-on-year [1] - New orders from the Chinese market were approximately RMB 570.1 million, down 10.2% year-on-year [1][2] Group 2: Strategic Developments - The company is focusing on high-quality large project execution in the Chinese market, with successful bids for various services including oil casing inspection and reservoir enhancement [2] - The company is advancing lean operations to achieve value realization, with successful management committee meetings for the Iraq Dufri oilfield development project [2] - The company has entered the South American market for chemical business, indicating a strategy to expand into new markets [2] Group 3: Order Backlog - As of September 30, 2025, the company has an order backlog of approximately RMB 16,372.1 million [2] - The Iraq market accounts for about RMB 7,053.4 million of the backlog, representing 43.1% of the total [2] - The Chinese market holds an order backlog of approximately RMB 7,765.0 million, making up 47.4% of the total [2]

香港交易所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，概不就本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 公告 二零二五年第三季度運營情況及二零二五年第四季度展望 安東油田服務集團（「本公司」，連同其附屬公司，合稱「本集團」）董事會（「董事 會」）欣然公告二零二五年七月一日至九月三十日之三個月（「本季度」）的運營情況 及在手訂單。 二零二五年第三季度運營概述 第三季度，國際油價寬幅震蕩，全球油氣投資保持活躍，中東地區持續推進產能 擴張。天然氣在發電與工業領域需求穩健增長，全球產業鏈機遇凸顯，項目開發 需求旺盛。 期內，本集團立足中國特色優勢與全球化布局，創新提出「技術服務作業者」戰略 定位，通過技術投入參與油氣資源獲取與開發，以「技術應用+自主開採+收益分 成」模式推進新業務落地。該模式有效強化公司業務競爭力，為未來突破性價值 增長奠定基礎。 二零二五年第三季度訂單情況 第三季度，本集團新增訂單人民幣1,272.9百萬元，較去年同期下降14.4%，其 中，伊拉克市場新增訂單約人民幣542.2百萬元，較去年同 ...

Summary of Key Points Core Viewpoint - On October 20, 31 Hong Kong-listed companies conducted share buybacks, totaling 17.77 million shares and an aggregate amount of HKD 63.86 million [1][2]. Group 1: Company Buyback Details - Mengniu Dairy repurchased 700,000 shares for HKD 10.14 million, with a highest price of HKD 14.52 and a lowest price of HKD 14.37, accumulating HKD 444.39 million in buybacks for the year [1][2]. - Cloud Village repurchased 1.87 million shares for HKD 7.53 million, with a highest price of HKD 4.05 and a lowest price of HKD 3.97, accumulating HKD 110.67 million in buybacks for the year [1][2]. - Lianyi Technology-W repurchased 2.45 million shares for HKD 7.44 million, with a highest price of HKD 3.07 and a lowest price of HKD 2.97, accumulating HKD 210.15 million in buybacks for the year [1][2]. Group 2: Buyback Amounts and Quantities - The highest buyback amount on October 20 was from Mengniu Dairy at HKD 10.14 million, followed by Cloud Village at HKD 7.53 million [1][2]. - The largest number of shares repurchased on October 20 was by Antong Oilfield Services, with 4.42 million shares, followed by Shoujia Technology and Lianyi Technology-W with 2.80 million and 2.45 million shares, respectively [1][2].

Core Viewpoint - Multiple companies in China conducted share buybacks on October 20, 2025, with notable activity from Mengniu Dairy, which had the largest buyback amount of 10.14 million yuan for 700,000 shares [1][2] Summary by Company - **Mengniu Dairy (02319)**: - Buyback of 700,000 shares - Total buyback amount of 10.14 million yuan - Year-to-date cumulative buyback of 1.92 million shares, representing 0.491% of total share capital [2] - **YunGongChang (N23027)**: - Buyback of 1.87 million shares - Total buyback amount of 7.53 million yuan - Year-to-date cumulative buyback of 2.45 million shares, representing 5.33% of total share capital [2] - **Lianyi Rong Technology (09959)**: - Buyback of 2.45 million shares - Total buyback amount of 7.44 million yuan - Year-to-date cumulative buyback of 6.54 million shares, representing 3.06% of total share capital [2] - **Guoshengtang (02273)**: - Buyback of 232,000 shares - Total buyback amount of 6.83 million yuan - Year-to-date cumulative buyback of 467,810 shares, representing 1.97% of total share capital [2] - **Antong Oilfield Services (03337)**: - Buyback of 4.42 million shares - Total buyback amount of 4.94 million yuan - Year-to-date cumulative buyback of 3.37 million shares, representing 1.14% of total share capital [2] - **Weishi Jiajie (00856)**: - Buyback of 500,000 shares - Total buyback amount of 4.53 million yuan - Year-to-date cumulative buyback of 663,800 shares, representing 0.462% of total share capital [2] - **Beisen Holdings (09669)**: - Buyback of 400,600 shares - Total buyback amount of 3.24 million yuan - Year-to-date cumulative buyback of 143,260 shares, representing 0.204% of total share capital [2] - **Zhongxu Future (09890)**: - Buyback of 228,200 shares - Total buyback amount of 3.13 million yuan - Year-to-date cumulative buyback of 598,580 shares, representing 1.12% of total share capital [2] - **Shoujia Technology (00103)**: - Buyback of 2.8 million shares - Total buyback amount of 2.21 million yuan - Year-to-date cumulative buyback of 5.75 million shares, representing 2.45% of total share capital [2] - **Meili Tianyuan Medical Health (02373)**: - Buyback of 70,000 shares - Total buyback amount of 2.21 million yuan - Year-to-date cumulative buyback of 30,050 shares, representing 0.127% of total share capital [2] - **Kangchen Pharmaceutical (01681)**: - Buyback of 100,000 shares - Total buyback amount of 1.54 million yuan - Year-to-date cumulative buyback of 623,200 shares, representing 7.32% of total share capital [2]

Group 1 - The core point of the article is that Antong Oilfield Services has been actively repurchasing its shares, indicating a potential confidence in its stock value and future performance [1] - On October 20, the company repurchased 4.424 million shares at a price range of HKD 1.090 to HKD 1.130, totaling HKD 4.9416 million [1] - The stock price closed at HKD 1.110 on the same day, reflecting a 1.83% increase, with a total trading volume of HKD 12.1457 million [1] Group 2 - Since October 15, the company has conducted share repurchases for four consecutive days, totaling 18.106 million shares and an aggregate amount of HKD 19.9332 million [1] - During this period, the stock has appreciated by 7.77% [1] - Year-to-date, the company has executed 11 repurchase transactions, acquiring a total of 50.734 million shares for a cumulative amount of HKD 54.7638 million [1]

Core Points - Antong Oilfield Services has been actively repurchasing its shares, with a total of 4 consecutive days of buybacks since October 15, amounting to 18.106 million shares and a total expenditure of 19.9332 million HKD [1] - The stock price has shown a positive trend, increasing by 7.77% during the buyback period [1] - Year-to-date, the company has conducted 11 buybacks, totaling 50.734 million shares and an expenditure of 54.7638 million HKD [1] Buyback Details - On October 20, the company repurchased 4.424 million shares at a price range of 1.090 to 1.130 HKD, with a total buyback amount of 4.9416 million HKD [1] - The closing price on the same day was 1.110 HKD, reflecting an increase of 1.83% [1] - The buyback details for the recent transactions include: - October 17: 4.492 million shares at a maximum price of 1.130 HKD, totaling 5.000 million HKD [1] - October 16: 4.500 million shares at a maximum price of 1.130 HKD, totaling 4.9991 million HKD [1] - October 15: 4.690 million shares at a maximum price of 1.080 HKD, totaling 4.9925 million HKD [1] - October 8: 5.086 million shares at a maximum price of 1.190 HKD, totaling 5.9984 million HKD [1] - October 6: 8.400 million shares at a maximum price of 1.200 HKD, totaling 9.9859 million HKD [1]