Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating which companies saw the largest increases and decreases in ownership percentages over recent trading days [1][2]. Summary by Category Recent Changes in Holdings - Xinyi Energy (03868) saw an increase of 0.07% in its Hong Kong Stock Connect holding percentage, bringing the total to 12.98% [2]. - The Yingfu Fund (02800) increased by 0.05%, now at 2.10% [2]. - Haier Smart Home (06690) increased by 0.02%, with a current holding of 16.62% [2]. - Horizon Robotics-W (09660) experienced the largest decrease, with a drop of 0.82%, now at 14.69% [2]. - Southern Hang Seng Technology (03033) decreased by 0.63%, now at 59.30% [2]. - WuXi AppTec (02359) saw a decrease of 0.56%, with a current holding of 15.03% [2]. Five-Day Changes - The largest increase over the last five trading days was for Da Zhong Public Utilities (01635), which rose by 3.98% to 67.37% [3]. - Zhong Chuang Innovation (03931) increased by 1.40%, now at 17.08% [3]. - Zhaoyan New Drug (06127) rose by 1.08%, with a holding of 50.59% [3]. - The largest decrease was for Southern Hang Seng Technology (03033), which fell by 2.01% to 59.30% [3]. - Haotian International Construction (01341) decreased by 1.58%, now at 58.50% [3]. Twenty-Day Changes - Da Zhong Public Utilities (01635) had the most significant increase over the past twenty days, rising by 34.46% to 67.37% [4]. - Canggang Railway (02169) increased by 31.45%, now at 43.11% [4]. - Shanga Holdings (00412) rose by 13.53%, with a current holding of 15.00% [4].

Group 1 - EVE Energy Co., Ltd. showcased high-reliability power solutions for the low-altitude economy at the Liaoning Province Aviation Industry Development Conference, attracting significant industry attention [1] - Multiple lithium battery manufacturers, including Zhongxin Innovation and Funeng Technology, are advancing their battery products for the low-altitude economy, indicating a competitive market landscape [1] - The collaboration between lithium battery companies and eVTOL manufacturers is entering a new phase, potentially alleviating power bottlenecks and accelerating growth in the lithium battery industry [1] Group 2 - Zhongxin Innovation signed a strategic cooperation agreement with Hefei Lanyi Aviation Technology, marking a significant step in the eVTOL power sector [2] - The partnership with Guangdong Gaoyu Technology aims to promote standardized eVTOL power products, with Zhongxin Innovation previously supplying high-energy density batteries for the Aircab [2] - The GOVY AirCab, equipped with Zhongxin Innovation's specialized battery, has received nearly 1,000 pre-orders and is currently undergoing airworthiness certification, with plans for mass production in the second half of 2026 [2] Group 3 - Funeng Technology announced that its eVTOL semi-solid-state battery has entered the industrialization phase, with plans to integrate into Guangzhou's low-altitude economic development [2] - The company is collaborating with local firms like XPeng Motors and EHang to seize industry development opportunities [2] - Contemporary Amperex Technology Co., Ltd. (CATL) has launched a solid-state battery and signed a strategic investment agreement with Shanghai Fengfei Aviation Technology to develop eVTOL batteries [3] Group 4 - Solid-state batteries are recognized for their high energy density and thermal stability, which are crucial for enhancing the safety and endurance of flying vehicles [3] - The ongoing collaboration between aircraft manufacturers and battery suppliers is expected to accelerate the industrialization of solid-state batteries in the aviation sector [3] - Analysts predict that increased R&D investment in solid-state and other power battery technologies will foster synergistic effects across industries, expediting the adoption of these technologies in flying vehicles [3]

CALB Group Co., Ltd. 中創新航科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3931） 戰略與可持續發展委員會－職權範圍 1 1.1. 委員會成員須由董事會自本公司董事中委任，且委員會須由至少三名成 員組成，且至少一名須為獨立非執行董事。 1.2. 委員會主席須由董事會委任。委員會主席須為董事長或獨立非執行董事。 1.3. 委員會成員的任期與董事一致，成員任期屆滿，可以連選連任。期間如 有成員不再擔任公司董事職務，自動失去成員資格，並由董事會根據1.1 及1.2條的規定補足委員會成員人數。 1.4. 董事會秘書負責委員會的日常工作聯絡和會議組織、會議記錄等工作。 2.1. 委員會會議按需召開。會議由委員會主席主持，委員會主席不能出席會 議時，可委託委員會其他成員主持。 2.2. 除非另有協議或豁免，否則就委員會的所有會議而言，確認每次會議的 地點、時間及日期的通知，應於會議日期最少5日前送交各委員會成員及 任何其他須出席人士；如須於5日內進行續會，則毋須事先通知。即使有 上述通知期，但委員會成員出席會議，則應被視為已豁免所需的通知規 定。 3. 出席會議 4 ...

提名委員會－職權範圍 CALB Group Co., Ltd. 中創新航科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3931） 中創新航科技集團股份有限公司（「本公司」）董事會（「董事會」）已成立一個董事 委員會，名為提名委員會（「委員會」），其構成及具體職責載列於下文： 1. 成員 2. 委員會秘書 3. 會議 1 1.1. 委員會成員須由董事會自本公司董事中委任，且委員會須由至少三名成 員組成，至少一名成員為不同性別，且當中大多數成員須為獨立非執行 董事。 1.2. 委員會主席須由董事會委任。委員會主席須為董事長或獨立非執行董事。 2.1. 本公司的公司秘書（或董事會可能指定的任何一名本公司聯席公司秘書 （如適用））須擔任委員會秘書。 2.2. 委員會可不時委任具備適當資格及經驗的任何其他人士擔任委員會秘書。 3.1. 委員會會議按需召開。會議由委員會主席主持，委員會主席不能出席會 議時，可委託委員會其他成員主持。 3.2. 除非另有協議或豁免，否則就委員會的所有會議而言，確認每次會議的 地點、時間及日期的通知，應於會議日期最少5日前送交各提名委員會成 員及任何其他須出席 ...

CALB Group Co., Ltd. 中創新航科技集團股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：3931） 審計委員會－職權範圍 中創新航科技集團股份有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董 事會（「董事會」）已成立一個董事委員會，名為審計委員會（「委員會」），其構成及 具體職責載列於下文： 1. 成員 2. 委員會秘書 1 1.1. 委員會應由董事會委任，並至少由三名成員（「成員」）組成。 1.2. 成員應在本公司之非執行董事中委任。大部分成員應為本公司之獨立非 執行董事，並須有至少一名成員為具備專業資格或會計或相關財務管理 專業知識之獨立非執行董事。 1.3. 委員會之主席應由董事會委任，並必須為獨立非執行董事。 1.4. 本公司現任核數公司之前任合夥人在(a)彼終止成為該公司合夥人之日 期；或(b)彼不再享有該公司財務利益之日期（以日期較後者為準）起計兩 年內，不得擔任委員會之成員。 1.5. 各委員會成員之任期應由董事會於委任時釐定。 2.1. 本公司的公司秘書（或董事會可能指定的任何一名本公司聯席公司秘書 （如適用））須擔任委員會秘書。 2.2. 委員 ...

（股份代號：3931） CALB Group Co., Ltd. 中創新航科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 王蘇生 陳澤桐 肖文 董事會設有四個委員會。下表提供各董事會成員在該等委員會中所擔任的職位。 | | 董事委員會 | | | | | --- | --- | --- | --- | --- | | 董事 | 戰略與可持續 發展委員會 審計委員會 | | 薪酬委員會 | 提名委員會 | | 劉靜瑜 | C | | M | C | | 戴穎 | M | | | | | 胡婧 | | | | | | 李建存 | | | | | | 謝潔平 | | | | | | 王蘇生 | | C | | M | | 陳澤桐 | | M | C | M | | 肖文 | M | M | M | | 附註： 董事名單及其角色與職能 中創新航科技集團股份有限公司（「本公司」）的董事（「董事」）會（「董事會」）成員 載列如下： 執行董事 劉靜瑜 （董事長及公司總經理） 戴穎 非執行董事 胡婧 李建存 謝潔平 獨立非執行董事 M 有關董事委員會的成員 中國常州 2025年10月10日 C 有關董事委員 ...

CALB Group Co., Ltd. 中創新航科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3931） 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分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 1 臨時股東大會由董事會召集，董事長劉靜瑜主持。於本公告日期，本公司已發行 股份總數為1,772,301,858股（其中761,499,395股為H股及1,010,802,463股為內資 股），此為股東有權出席並可於臨時股東大會上對議案進行表決贊成、反對或棄權 的股份總數。於臨時股東大會日期，本公司並無持有待註銷的購回股份或庫存股 份。合共持有1,226,256,273股有表決權股份的股東及其代理人出席了臨時股東大 會，佔已發行股份總數（不包括庫存股份，如有）約69.19%。其中，內資股股東及 其代理人合共持有959,932,062股有表決權的內資股；及H股股東及其代理人合共 持有266,324,211股有表決權的H股。經董事會作出一切合理查詢後所知、所悉及 所信， ...

Investment Rating - The industry investment rating is "Recommended," indicating a positive outlook for the industry fundamentals and an expectation that the industry index will outperform the benchmark index [22]. Core Insights - The rapid increase in the proportion of renewable energy generation has transformed energy storage from an "optional" to a "mandatory" component. For instance, in the EU, renewable energy accounted for 28.5% of the power consumption structure in 2024, leading to issues such as price volatility and curtailment of wind and solar energy [3][4]. - The structural demand for energy storage has been established, and its economic viability is accelerating. The first half of the year saw numerous domestic energy storage-related listed companies announcing expansion and investment plans, indicating a sustained upward trend in the industry's prosperity [19] [3]. Summary by Sections 1. Importance of Energy Storage in Renewable Energy - The increasing integration of renewable energy sources like wind and solar into the grid has led to significant challenges, including price fluctuations and curtailment issues. Energy storage is essential for providing stability and flexibility in the power system [4][6]. - In the EU, it is estimated that an additional 56GW of energy storage by 2030 could reduce curtailment by approximately 30TWh per year and lower annual system costs by €8 billion, while also reducing CO2 emissions by about 19 million tons [6][3]. 2. Commercialization of Energy Storage in China - The National Energy Administration's recent policies have shifted China's energy generation model towards market-oriented pricing, moving away from fixed prices and subsidies [13]. - Different regions in China are developing unique energy storage market mechanisms. For example, Shandong has established a spot market for energy storage, while Guangdong relies on diverse revenue streams [14][15]. 3. Expansion Plans of Energy Storage Companies - In the first half of the year, several domestic energy storage companies announced expansion and investment plans, including major players like CATL and EVE Energy, which are ramping up production capacities significantly [16][19]. - The overall trend indicates a parallel development of manufacturing expansion, project implementation, and capital investment, with a focus on both domestic and international markets [19][18]. 4. Positive Outlook for the Energy Storage Industry - The energy storage industry is expected to maintain an upward trajectory due to the established structural demand and the accelerating economic viability of storage solutions. The combination of declining equipment prices and increased revenue opportunities is enhancing project returns [19][3].

Core Viewpoint - The meeting between Hubei Port Group and Zhongchuang Innovation focuses on green low-carbon transformation and collaborative development in the new energy industry [1] Group 1 - Hubei Port Group's Chairman Zhou Yongshi led a delegation to Zhongchuang Innovation's Wuhan base on October 9 [1] - Zhongchuang Innovation's Chairman Liu Jingyu hosted the visiting delegation [1] - Both parties reached a deep consensus on topics related to port green low-carbon transformation and new energy industry collaboration [1]

Core Viewpoint - The report highlights the changes in the Hong Kong Stock Connect holdings, indicating which companies have seen the largest increases and decreases in ownership percentages over recent trading days [1][2][3]. Summary by Category Recent Changes in Holdings - GX Hengsheng High Dividend (03110) saw an increase of 0.22% in its Hong Kong Stock Connect holding percentage, bringing it to 2.09% [2] - The largest decrease was observed in Southern Hengsheng Technology (03033), which dropped by 0.31% to 59.93% [2] Five-Day Changes - The most significant increase in holdings over the last five trading days was for Dazhong Public Utilities (01635), which rose by 8.30% to 67.37% [3] - Conversely, Kingsoft Cloud (03896) experienced the largest decrease, falling by 2.65% to 25.92% [3] Twenty-Day Changes - Over the past twenty days, Dazhong Public Utilities (01635) also led with a substantial increase of 34.28%, reaching a holding percentage of 67.37% [4] - The largest decrease was recorded for Yisou Technology (02550), which fell by 13.04% to 33.85% [4]