Major Events - Sihuan Pharmaceutical Holdings Group Ltd. successfully administered the first human dose of the new radiopharmaceutical conjugate drug 3D1015 [1] - Shenzhen International's joint venture Shenzhen Airlines plans to raise a total of 16 billion yuan in a phased capital increase [1] - Kangzheng Pharmaceutical received clinical trial approval for its innovative oral small molecule JAK1 inhibitor Povorcitinib for indications of vitiligo and suppurative hidradenitis [1] - Ruihe Digital signed a framework agreement with Tielin Superlight Technology to jointly advance the business of real-world asset tokenization [1] - Zhongxu Future will operate and launch a new mobile game "Miracle MU" titled "New Moon Continent" [1] Financial Performance - Noah Holdings reported a net profit attributable to shareholders of 179 million yuan for Q2, a year-on-year increase of 79% driven by strong growth in investment product distribution [1] - Trip.com Group reported a net profit of 4.846 billion yuan for Q2, an increase of 26.43% year-on-year [1] - Shijiazhuang Pharmaceutical Group announced a mid-year profit attributable to equity holders of approximately 283.5 million HKD, a year-on-year decrease of about 58.7% [1] - Zhongsheng Holdings reported a mid-year profit attributable to shareholders of 1.011 billion yuan, a decrease of 36% year-on-year [1] - SF Express City reported an adjusted net profit of approximately 160 million yuan, a year-on-year increase of 139% [1] - Baidu's subsidiary reported a mid-year profit attributable to shareholders of 47.999 million yuan, returning to profitability [1] - Li Auto reported a net profit of 1.093 billion yuan for Q2, a decrease of 0.91% year-on-year [1] - Shanghai Industrial Holdings reported a mid-year profit attributable to shareholders of 1.042 billion HKD, with an interim dividend of 0.42 HKD per share [1] - Beijing Holdings reported a mid-year profit attributable to shareholders of 3.404 billion yuan, an increase of 8.07% year-on-year [1] - Qingdao Port reported a net profit of 2.842 billion yuan, a year-on-year increase of 7.58% [1] - New China Life Insurance reported a net profit of 14.799 billion yuan, a year-on-year increase of 33.5% [1] - China Galaxy Securities reported a net profit of 6.488 billion yuan, a year-on-year increase of 47.86% [1] - China Taiping reported a 12.2% increase in shareholder profit, with a nearly 23% high growth in life insurance new business value [1] - China Resources Gas reported a mid-year profit attributable to shareholders of 2.403 billion HKD, a year-on-year decrease of 30.5% [1] - SF Holding reported a net profit of 5.738 billion yuan, a year-on-year increase of 19.37%, with volume growth exceeding the overall express delivery industry [1] - SMIC reported a net profit of approximately 320 million USD, a year-on-year increase of 35.6% [1] - SenseTime reported a revenue growth of 35.6% year-on-year, reaching 2.358 billion yuan [1] - BeiGene reported a net profit of 95.59 million USD, returning to profitability [1] - Fubo Group reported a mid-year net profit exceeding 100 million, driven by AI [1] - CITIC Securities reported a net profit of 13.719 billion yuan, a year-on-year increase of 29.79% [1] - Huadian International Power reported a net profit of 3.904 billion yuan, a year-on-year increase of 13.15% [1] Additional Financial Performance - Zhou Hei Ya reported a mid-year profit attributable to shareholders of 108 million yuan, a year-on-year increase of 228% [2] - Haitian Flavoring reported a net profit of 3.91 billion yuan, a year-on-year increase of 13.3% [2] - Dasheng Holdings reported a mid-year adjusted net profit growth of 79.6% driven by store expansion and membership growth [2] - CITIC Securities reported a net profit of 4.509 billion yuan, a year-on-year increase of 57.77% [2] - Huitongda reported a mid-year profit attributable to shareholders of 13.9 million yuan, a year-on-year increase of 10.81% [2] - Yunfeng Financial reported a mid-year profit attributable to shareholders of 486 million HKD, a year-on-year increase of 142.04% [2] - Jiufang Zhitu reported a mid-year profit attributable to shareholders of 865 million yuan, returning to profitability [2] - Air China reported a net loss of approximately 1.806 billion yuan, a year-on-year narrowing of 35.11% [2] - ZTE reported a net profit of approximately 5.058 billion yuan, a year-on-year decrease of 11.77% [2] - China Merchants Securities reported a net profit of 5.186 billion yuan, a year-on-year increase of 9.23% [2] - Datang Power reported a net profit of approximately 4.874 billion yuan, a year-on-year increase of 50.3% [2] - China Pacific Insurance reported a net profit of 27.885 billion yuan, a year-on-year increase of 11% [2] - Beijing Capital International Airport reported a post-tax loss of 164 million yuan, a year-on-year narrowing of 56.48% [2] - Dongguan Rural Commercial Bank reported a mid-year net profit of 2.629 billion yuan [2] - Shenzhen Holdings reported a mid-year loss attributable to shareholders of 2.618 billion HKD, a year-on-year increase of 137.76% [2] - China Southern Airlines reported a net loss of 1.534 billion yuan, a year-on-year increase of 45.54% [2] - COSCO Shipping Holdings reported a profit attributable to shareholders of 17.528 billion yuan, a year-on-year increase of 3.9% [2] - Guofu Hydrogen Energy reported revenue of 10.9 million yuan, actively expanding overseas cooperation and business layout [2] - Kangsheng Global reported a mid-year gross profit of 197 million yuan, with stable progress across all businesses [2] - Dongfang Electric reported a net profit of 1.91 billion yuan, a year-on-year increase of 12.91%, maintaining the industry's leading market share in nuclear and gas power [2] - Eagle Eye Technology reported a profit of 443,000 yuan, returning to profitability [2] - Haier Smart Home reported a profit attributable to shareholders of 12.033 billion yuan, a year-on-year increase of 15.6% [2] - EDA Group Holdings reached a partnership agreement with UTCPAY to collaborate in digital asset trading, Web3 technology, and blockchain applications [2] - Gilead Sciences reported that ASC30 oral tablets showed good and differentiated pharmacokinetic characteristics in the U.S. Phase Ib multi-dose escalation study [2]

Group 1 - The company, 瑞和数智, has signed a framework agreement with 铁林超光(深圳)科技有限公司 to establish a close partnership in the field of Real World Asset (RWA) tokenization [1][2] - The partnership aims to leverage the partner's background and business scenarios to provide quality underlying assets suitable for RWA issuance, along with expertise in asset on-chain, issuance, market promotion, and liquidity provision [1] - The first project under this collaboration is a renewable energy power plant with a total installed capacity of 61.66 megawatts, with the partner having invested approximately RMB 250 million in the project [1] Group 2 - The board believes that this strategic cooperation will provide the company with quality assets and project resources for RWA business, while also leveraging its technological advantages in information technology services, artificial intelligence, and digital transformation [2] - This strategic cooperation is part of the RWA projects proposed under the framework of the "cryptocurrency asset strategic investment" announcement disclosed on July 24, 2025 [2]

Group 1 - The company, 瑞和数智, has signed a framework agreement with 铁林超光(深圳)科技有限公司 to establish a close partnership aimed at advancing the business of Real World Asset (RWA) tokenization [1] - The partner can provide high-quality underlying assets suitable for RWA issuance, leveraging its shareholder background and business scenarios, and possesses professional capabilities in asset on-chain, issuance, market promotion, and liquidity provision [1] - The company specializes in AI and big data technology, holding competitive advantages in core information technology areas such as data governance systems and intelligent analysis applications, which can support asset digitization [1] Group 2 - The initial cooperation project is a renewable energy power plant RWA project with a total installed capacity of 61.66 megawatts, located in various automotive manufacturing and parts manufacturing industrial parks [1] - The partner has confirmed an investment of approximately RMB 250 million in the project [1] - The parties plan to provide RWA issuance services for various suitable assets in Hong Kong and overseas markets, with the company primarily responsible for providing technical support and business consulting services [1] Group 3 - The board believes that this strategic cooperation will not only provide the company with high-quality assets and project resources for RWA business but also leverage its technological advantages in information technology services, artificial intelligence, and digital transformation [1] - The collaboration is expected to open new revenue sources for the company through technical support and business consulting services [1] - The board considers this strategic cooperation to be in the overall interest of the company and its shareholders [1]

Core Viewpoint - The company has signed a framework agreement with Tielin Superlight (Shenzhen) Technology Co., Ltd. to establish a close partnership aimed at advancing the business of Real World Asset (RWA) tokenization [1] Group 1: Partnership Details - The partner can provide high-quality underlying assets suitable for RWA issuance, leveraging its shareholder background and business scenarios [1] - The partnership is expected to last for one year, with the first project focusing on a renewable energy power plant with a total installed capacity of 61.66 megawatts [1] - The partner has confirmed an investment of approximately RMB 250 million in the renewable energy project [1] Group 2: Company Strengths - The company specializes in AI and big data technology, possessing competitive advantages in core information technology areas such as data governance and intelligent analysis applications [1] - The company aims to provide technical support and business consulting services for asset digitization and RWA issuance [1] Group 3: Strategic Benefits - The strategic cooperation is expected to provide the company with access to quality assets and project resources for RWA business [1] - The partnership will leverage the company's technological advantages in information technology services, artificial intelligence, and digital transformation to explore new revenue sources [1] - The board believes that this strategic cooperation aligns with the overall interests of the company and its shareholders [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的任何損失承擔任何責任。 Ruihe Data Technology Holdings Limited 關於現實世界資產代幣化及新能源合作的框架協議 瑞和數智科技控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3680） 自願性公告– 本 自 願 性 公 告 由 瑞 和 數 智 科 技 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本 集 團」）發 佈，旨 在 向 本 公 司 股 東 及 潛 在 投 資 者 提 供 本 集 團 最 新 業 務 發 展 情 況。 本公司董事會（「董事會」）欣然宣佈，本集團已與鐵林超光（深圳）科技有限公司（「合 作夥伴」）簽 訂 框 架 協 議（「框架協議」），旨 在 建 立 緊 密 合 作 關 係，共 同 推 進 現 實 世 界 資 產（「RWA」）代 幣 化 領 域 的 業 務。據 董 事 所 知，合 作 夥 伴 及 其 最 終 實 益 擁 有 人均為本公司 ...

Core Viewpoint - 瑞和数智科技控股有限公司 has entered into a strategic partnership with Bitmain to venture into the Bitcoin cloud mining sector, aiming to diversify its revenue sources and capitalize on global digital asset opportunities [1][4]. Group 1: Partnership and Strategy - The collaboration with Bitmain allows 瑞和数智 to leverage Bitmain's leading position in the digital currency mining market and its advanced technology, facilitating a swift entry into Bitcoin mining [2]. - The partnership model mitigates risks associated with hardware procurement, infrastructure development, and high maintenance costs, transforming capital expenditures into predictable operational expenses [2][5]. - The initial investment for this collaboration exceeds 20 million HKD, marking a strategic breakthrough in the digital asset computing power sector for 瑞和数智 [4]. Group 2: Market Opportunities and Business Model - The move aligns with the global digital economy trends and the Hong Kong government's push for Web3.0 and virtual asset industry development [4]. - By adopting a cloud service model, 瑞和数智 can reduce the complexity and risks associated with hardware, energy, and technology, allowing for flexible adjustments in mining scale based on market conditions [2][5]. - Bitcoin mining is expected to become a new growth area for 瑞和数智, providing new business opportunities and development space, especially in an uncertain macroeconomic environment [4][5].

Group 1 - The company 瑞和数智 (03680.HK) announced plans to diversify its revenue sources by engaging in cryptocurrency business through cloud mining services provided by Bitmain, an independent third-party service provider [1] - The service provider and its ultimate beneficial owners are known to be independent third parties of the company [1]

Core Viewpoint - 瑞和数智 plans to diversify its revenue sources by engaging in cryptocurrency business through cloud mining services provided by Bitmain, an independent third party [1][2] Group 1: Business Strategy - The company aims to establish a new revenue stream through cryptocurrency mining, which is expected to provide additional income [1] - The board believes that Bitcoin mining as an independent business segment offers opportunities in digital assets and emerging technologies, aligning with the strategic value amid increasing macroeconomic uncertainties [1] - This initiative is in line with the Hong Kong government's policy direction regarding blockchain and digital asset innovation [1] Group 2: Risk Management and Operational Efficiency - By outsourcing Bitcoin mining to a leading service provider, the company can transfer some risks and responsibilities, avoiding significant upfront capital expenditures on hardware and infrastructure [2] - This arrangement reduces operational complexities and risks associated with hardware failures, energy management, and technical challenges [2] - The company retains the right to purchase mining machines, allowing for direct control over mining operations and hardware when necessary [2] Group 3: Market Alignment - The company's move to expand into cryptocurrency aligns with the rapid development of the digital economy and virtual asset industry in Hong Kong [2]

Group 1 - The company plans to diversify its revenue sources by engaging in cryptocurrency business through cloud mining services provided by Bitmain, an independent third party [1] - The board believes that Bitcoin mining as an independent business segment offers opportunities in digital assets and emerging technologies, especially amid increasing macroeconomic uncertainties [1] - The company expects to gain additional revenue from this diversification strategy, aligning with the Hong Kong government's policy direction [1] Group 2 - The service provider is a leading global manufacturer of digital currency mining machines, maintaining a strong market share and technological leadership across over 100 countries [2] - By outsourcing Bitcoin mining operations, the company can transfer some risks and responsibilities, avoiding significant upfront capital expenditures on hardware and infrastructure [2] - The arrangement allows the company to flexibly adjust mining scale based on demand without being constrained by fixed assets, while also retaining the right to purchase mining machines if necessary [2]

Group 1 - The company, 瑞和数智, plans to diversify its revenue sources by engaging in cryptocurrency business through cloud mining services provided by Bitmain [1] - The board believes that Bitcoin mining as an independent business segment offers opportunities in digital assets and emerging technologies, especially in the context of increasing macroeconomic uncertainty [1] - The cryptocurrency business is expected to provide additional revenue streams and align with the Hong Kong government's policy direction on blockchain and digital asset innovation [1] Group 2 - By outsourcing Bitcoin mining to a service provider, the company can transfer some risks and responsibilities, avoiding significant upfront capital expenditures on hardware and infrastructure [2] - This arrangement reduces operational complexities and risks associated with hardware failures, energy management, and technical challenges [2] - The company can flexibly adjust mining scale according to demand without being constrained by fixed assets, while also retaining the right to purchase mining machines if necessary [2]