Core Viewpoint - China Rare Earth Holdings (03788) has successfully completed a subscription agreement and a placement agreement, with significant share allocations to various investors, indicating strong market interest and confidence in the company [1] Group 1: Subscription Agreement - On January 29, 2026, China Rare Earth Holdings completed a subscription agreement, fulfilling all conditions outlined in the agreement [1] - A total of 43.96 million shares were successfully issued at a subscription price of HKD 3.80 per share [1] - The shares were allocated to four different investors, including 10.26 million shares to Zijin Global Fund, 7.90 million shares to Luyin, 5.30 million shares to Oriental Jinye, and 20.50 million shares to Manna Lake [1] Group 2: Placement Agreement - The placement agreement was also completed on January 29, 2026, with all conditions met [1] - A total of 162 million shares were successfully placed at a price of HKD 3.80 per share [1] - The shares were placed with no fewer than six investors, indicating a broad interest in the company's equity [1]

Core Viewpoint - China Rare Earth Holdings (03788) has successfully completed a subscription agreement and a placement agreement, resulting in significant capital inflow and share distribution to various investors [1] Group 1: Subscription Agreement - On January 29, 2026, China Rare Earth Holdings announced that all conditions of the subscription agreement have been met, leading to the completion of the subscription [1] - A total of 43.96 million shares were successfully issued at a subscription price of HKD 3.80 per share [1] - The shares were allocated to four different investors: 10.26 million shares to Zijin Global Fund, 7.90 million shares to Luyin, 5.30 million shares to Oriental Jinye, and 20.50 million shares to Manna Lake [1] Group 2: Placement Agreement - The placement agreement conditions have also been fulfilled, with the placement completed on January 29, 2026 [1] - A total of 162 million shares were successfully placed at the same price of HKD 3.80 per share [1] - The shares were placed to no fewer than six subscribers as per the terms of the placement agreement [1]

Core Viewpoint - China Rare Earth Holdings (03788) has successfully completed the subscription and placement of shares as per the terms of the agreements, with all conditions met for the transactions scheduled for January 29, 2026 [1] Subscription Details - A total of 43.96 million subscription shares were issued at a subscription price of HKD 3.80 per share to various subscribers, including 10.26 million shares to Zijin Global Fund, 7.90 million shares to Luyin, 5.30 million shares to Oriental Jinye, and 20.50 million shares to Manna Lake [1] Placement Details - A total of 162 million placement shares were successfully placed at a price of HKD 3.80 per share to no fewer than six subscribers, with all parties being independent third parties [1]

Core Viewpoint - China Rare Earth Holdings (03788) has successfully completed the subscription and placement of shares as per the terms of the agreements, with all conditions met for the transactions scheduled for January 29, 2026 [1] Subscription Summary - A total of 43.96 million subscription shares were issued at a subscription price of HKD 3.80 per share to various subscribers, including 10.26 million shares to Zijin Global Fund, 7.90 million shares to Luyin, 5.30 million shares to Oriental Gold, and 20.50 million shares to Manna Lake [1] - All subscribers and their ultimate beneficial owners are confirmed to be independent third parties [1] Placement Summary - A total of 162 million placement shares were successfully placed at a price of HKD 3.80 per share to no fewer than six placers [1] - All placers and their ultimate beneficial owners are confirmed to be independent third parties, with no placers becoming major shareholders due to the placement [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： 中國罕王控股有限公司 呈交日期： 2026年1月29日 確認 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) | 03788 | 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 | | | | | ...

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，並明確表示概不就因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。 本公告及其任何副本均不得直接或間接在美國境內，或在任何其他可能導致此類發佈或分發行為違法 的司法管轄區內發佈或分發。 本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。 茲提述本公司日期為二零二六年一月二十二日之公告（「該公告」），內容有關（其中包 括）根據一般授權認購新股份及根據一般授權配售新股份。除另有界定者外，本公告所 用詞彙與該公告所界定者具有相同涵義。 – 1 – （於開曼群島註冊成立的有限公司） （股份代號：03788） 完成根據一般授權認購及配售新股份 整體協調人及配售代理 本公告不構成在美國境內購買或認購證券的任何全部或部分要約或邀請。本文提及的證券過去及未來 均不會根據《美國證券法》或美國任何其他州證券法進行登記，並且不得在美國境內發售或出售，除非 根據《美國證券法》、豁免條款或在不受《美國證券法》登記要求約束的交易中發售或出售。本公司無意 根據《美國證券法》登記本文提及的任何證 ...

Group 1 - Hong Kong steel stocks collectively rose, indicating positive market sentiment in the sector [1] - China Oriental Group (00581.HK) increased by 5.97%, reaching HKD 1.42 [1] - China Hanking Holdings (03788.HK) saw a rise of 5.61%, trading at HKD 5.27 [1] - Tsinghua Tongfang (01029.HK) experienced a 1.92% increase, priced at HKD 0.53 [1] - Chongqing Steel (01053.HK) rose by 1.64%, with a current price of HKD 1.24 [1]

Core Viewpoint - The steel sector is experiencing a collective rise in stock prices, driven by potential supply constraints following a safety incident at Baogang Steel, which may lead to temporary production cuts and support for costs and supply [1] Group 1: Stock Performance - China Oriental Group (00581) increased by 5.97%, reaching HKD 1.42 [1] - China Hanking Holdings (03788) rose by 5.61%, reaching HKD 5.27 [1] - Tianshan Iron & Steel (01029) gained 1.92%, reaching HKD 0.53 [1] - Chongqing Steel (01053) increased by 1.64%, reaching HKD 1.24 [1] Group 2: Industry Insights - The safety incident at Baogang Steel may trigger safety inspections across steel mills, potentially leading to temporary production reductions, which could support costs and supply [1] - Current profits per ton of steel are favorable, and under the backdrop of "anti-involution" in the industry, there is significant room for performance improvement among general steel companies, indicating a potential for value recovery [1] - Guotai Junan Securities forecasts that steel demand is likely to gradually bottom out; even without considering supply policies, the prolonged period of minimal profits in the industry has begun to show signs of market clearing [1] - If supply policies are implemented, the contraction in supply could accelerate, leading to a quicker recovery in the industry's fundamentals [1]

Group 1 - China Aluminum International (02068) saw a mid-day increase of over 2.4% after announcing a joint venture to undertake a new electrolytic aluminum project with an annual capacity of 394,000 tons, with the first phase set at 294,000 tons [1] - CGN Mining (01164) rose over 8.3% following the submission of a preliminary prospectus for a trust that plans to issue up to $2 billion in transferable, non-redeemable trust shares over 25 months, with annual uranium procurement not exceeding 9 million pounds [1] - China Shengmu Organic Milk (01432) increased nearly 6% after a joint announcement regarding a potential conditional cash offer to acquire all issued shares of the company [1] Group 2 - Yijun Group Holdings (02442) surged over 18%, with a cumulative increase of nearly 500% since its resumption of trading in December, following the sale of shares by its controlling shareholder [2] - China Rare Earth Holdings (03788) rose over 10%, reaching a historical high of 5.49 HKD, after announcing the termination of its gold spin-off plan to focus on gold business [2] - Laopuqin Gold (06181) increased over 7.3% as consumer demand is expected to rise during the upcoming Spring Festival, driven by higher gold prices and anticipated price increases [2] Group 3 - Oil stocks continued to rise, with CNOOC (02883) up 4.19%, Sinopec (00386) up 2.54%, and PetroChina (00857) up 3.68%, amid escalating geopolitical tensions in Iran and Cuba [3] - Changfei Optical Fiber (06869) saw a rise of over 15.4% due to significant price increases and supply tightness in the G.652.D optical fiber market, with major manufacturers unable to meet their own orders [3] Group 4 - Nanshan Aluminum International (02610) increased over 2.6% after announcing plans to start construction on a 250,000-ton electrolytic aluminum project in 2026, with an investment of $437 million [4] - Xindong Company (02400) saw a slight increase of 0.43% as its mobile game "Xindong Town" surpassed 10 million downloads, indicating strong user growth [4] Group 5 - EquipmentShare.com (EQPT.US) debuted on the US stock market with an IPO price of $24.5, closing up 32.9% on its first day [5] - The solar energy sector saw initial gains, with JinkoSolar (JKS.US) up 9.03% and Canadian Solar (CSIQ.US) up 4.57%, following discussions at the Davos Forum [5] - Silver-related stocks experienced gains, with First Majestic Silver (AG.US) rising 5.04% as spot silver prices surpassed $100 [5] Group 6 - Lithium mining stocks mostly rose, with Sigma Lithium (SGML.US) up 17.54% after announcing additional sales of high-purity lithium powder [6] - Bank stocks declined, with Goldman Sachs (GS.US) down 3.75% amid legal issues involving President Trump and JPMorgan [6] - Redwire (RDW.US) increased by 4.51% following comments from Elon Musk about SpaceX's plans for reusable rocket technology [6] Group 7 - Semiconductor stocks showed strength, with AMD (AMD.US) up 2.35% and Nvidia (NVDA.US) up 1.53%, as Nvidia's CEO visited China to discuss future plans [7] - Ericsson (ERIC.US) rose 8.87% after reporting strong fourth-quarter earnings, with adjusted EBITA reaching 12.7 billion SEK, a 24% increase year-over-year [8] - Intel (INTC.US) fell 17.03% due to disappointing performance outlooks and manufacturing issues [8]

每经AI快讯，中国罕王(03788.HK)涨超10%，高见5.49港元创历史新高。截至发稿，涨9.82%，报5.48港 元，成交额8373.49万港元。 ...