股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 重新提交 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 603986 | 說明 | | 於上海證券交易所上市之A股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 667,849,351 | RMB | | | 1 RMB | | 667,849,351 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 667,849,351 | RMB | | | 1 RMB | | 667,849,351 | | 2. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 兆易創新科技集團股份有限公司 呈交日期: 2026年3月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 603986 | 說明 | | 於上海證券交易所上市之A股 | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 667,849,351 RMB | | | 1 RMB | | 667,849,351 | | 增加 / 減少 (-) | | | 0 | | | RMB | | | | 本月底結存 | | | 667,849,351 RMB | | | 1 RMB | | 667,849,351 | | 2. 股份分類 | 普通股 | ...

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。 GigaDevice Semiconductor Inc. 茲載列兆易創新科技集團股份有限公司（「本公司」）在上海證券交易所網站刊 登 的 以 下 資 料 中 文 全 文，僅 供 參 閱。 承董事會命 兆易創新科技集團股份有限公司 董事長兼執行董事 朱一明先生 中 國，北 京，2026年3月3日 截 至 本 公 告 日 期，董 事 會 包 括：(i)執 行 董 事 朱 一 明 先 生、何 衛 先 生 及 胡 洪 先 生； (ii)非 執 行 董 事 文 恬 女 士；及(iii)獨 立 非 執 行 董 事 周 海 濤 先 生、錢 鶴 博 士、楊 小 雯 女 士、陳 潔 博 士 及 鄭 曉 東 先 生。 兆易創新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：3986） 海外監管公 ...

Group 1 - The article highlights the top and bottom AH premium rates for various stocks, with Northeast Electric (00042) leading at 527.91% and Ningde Times (03750) at -15.33% [1][2] - The top three stocks with the highest AH premium rates are Northeast Electric (00042), Zhejiang Shibao (01057), and Sinopec Oilfield Service (01033) [1] - The bottom three stocks with the lowest AH premium rates include Ningde Times (03750), Zhaoyi Innovation (03986), and China Merchants Bank (03968) [1] Group 2 - The article provides detailed tables showing the AH premium rates and deviation values for the top and bottom stocks, indicating significant discrepancies between H-shares and A-shares [1][2] - Sinopec Oilfield Service (01033) has the highest deviation value at 25.11%, while Northeast Electric (00042) has the lowest at -270.69% [1][2] - The data is generated based on the Hong Kong Stock Exchange and reflects the current premium rates compared to the average rates over the past 30 days [2]

Core Insights - The report highlights changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies. Group 1: Recent Increases in Holdings - VITASOY INT'L (00345) saw an increase of 0.09%, bringing its latest holding percentage to 3.75% [1] - 恒生科技ETF (03032) increased by 0.04%, with a current holding of 18.49% [1] - 永升服务 (01995) experienced a rise of 0.01%, now holding 4.57% [1] - 南方东西精选 (03441) had the largest increase over five days at 18.46%, reaching 41.03% [4] - 喜相逢集团 (02473) increased by 10.04%, with a holding of 45.14% [4] - 兆易创新 (03986) rose by 4.95%, now at 6.65% [4] Group 2: Recent Decreases in Holdings - 南方恒生科技 (03033) experienced the largest decrease of -0.14%, with a current holding of 68.87% [2] - 医渡科技 (02158) decreased by -0.03%, now at 22.59% [2] - 盈富基金 (02800) saw a reduction of -0.02%, with a holding of 3.49% [2] - 山东墨龙 (00568) had a five-day decrease of -1.30%, now at 53.56% [5] - 亿华通 (02402) decreased by -1.00%, with a holding of 27.49% [5] - 国富氢能 (02582) saw a reduction of -0.90%, now at 20.14% [5] Group 3: Long-term Trends in Holdings - Over a 20-day period, 喜相逢集团 (02473) had the highest increase of 42.45%, reaching 45.14% [6] - 南方东西精选 (03441) increased by 27.31%, now at 41.03% [6] - 钧达股份 (02865) rose by 15.74%, with a holding of 64.80% [6] - 天齐锂业 (09696) experienced a significant decrease of -6.48%, now at 31.50% [6] - 金风科技 (02208) decreased by -5.88%, with a holding of 42.49% [6]

Group 1 - The core point of the article is that Zhaoyi Innovation (03986) has transferred shares from UBS Securities Hong Kong Limited to Citibank, with a market value of HKD 454 million, representing 3.16% of the total shares [1] - Zhaoyi Innovation announced the issuance and allocation of 4.3373 million H-shares due to the full exercise of the over-allotment option on February 11, 2026 [1]

Core Insights - The article highlights the AH premium rates of various companies, with Northeast Electric (00042) leading at 550.60%, followed by Zhejiang Shibao (01057) at 337.32% and Sinopec Oilfield Service (01033) at 292.16% [1] - Conversely, companies like CATL (03750), Zhaoyi Innovation (03986), and China Merchants Bank (03968) have the lowest AH premium rates, with values of -18.61%, -9.66%, and -4.35% respectively [1] AH Premium Rate Rankings - The top three companies with the highest AH premium rates are: - Northeast Electric (00042): H-share at 0.415 HKD, A-share at 2.25 CNY, premium rate of 550.60% [1] - Zhejiang Shibao (01057): H-share at 6.860 HKD, A-share at 25.05 CNY, premium rate of 337.32% [1] - Sinopec Oilfield Service (01033): H-share at 1.020 HKD, A-share at 3.34 CNY, premium rate of 292.16% [1] - The bottom three companies with the lowest AH premium rates are: - CATL (03750): H-share at 533.000 HKD, A-share at 362.18 CNY, premium rate of -18.61% [1] - Zhaoyi Innovation (03986): H-share at 412.600 HKD, A-share at 311.19 CNY, premium rate of -9.66% [1] - China Merchants Bank (03968): H-share at 48.760 HKD, A-share at 38.94 CNY, premium rate of -4.35% [1] Deviation Values - The companies with the highest deviation values are: - Wolong Nuclear Material (09981): premium rate of 61.26% with a deviation value of 61.26% [1] - Cambridge Technology (06166): premium rate of 87.50% with a deviation value of 12.49% [1] - Beijing Electric Machinery (00187): premium rate of 284.47% with a deviation value of 10.37% [1] - The companies with the lowest deviation values are: - Northeast Electric (00042): premium rate of 550.60% with a deviation value of -255.82% [1] - Junda Co., Ltd. (02865): premium rate of 187.97% with a deviation value of -53.70% [1] - Zhejiang Shibao (01057): premium rate of 337.32% with a deviation value of -49.96% [1]

Core Viewpoint - The stock price of SanDisk, a leading storage chip company, experienced significant volatility after Citron Research announced a short position and released a bearish report, causing the stock to drop nearly 8% intraday [1] Group 1: Market Reaction - The negative news about SanDisk triggered a chain reaction affecting Hong Kong storage concept stocks, with Lianqi Technology and Zhaoyi Innovation dropping 6.38% and 4.77% respectively, indicating growing market concerns about cyclical risks in the storage industry [2][3] - Lianqi Technology's stock price fell to 193.6, down 13.2, while Zhaoyi Innovation's stock price reached 411.6, down 20.6 [4] Group 2: Citron Research's Analysis - Citron Research highlighted that West Digital, a significant long-term shareholder of SanDisk, recently sold a large portion of its shares at a 25% discount to the current market price, signaling a warning that internal investors are cashing out as the storage cycle may be peaking [4] - The report refuted the common belief that AI demand would help NAND flash memory escape cyclical fluctuations, citing historical patterns from 2008, 2012, and 2018 where similar expectations did not alter the cyclical nature of the market [5] Group 3: Competitive Landscape - Citron emphasized the competitive threat from Samsung Electronics, which historically prioritizes market share over profit during storage cycles, potentially leading to aggressive pricing strategies that could undermine SanDisk's market position [5] - Samsung's current strategy includes not selling products with a gross margin below 50% and pushing advanced chips into the high-end SSD market, directly encroaching on SanDisk's core territory [5] - The report concluded that the current supply constraints are merely temporary, and once resolved, Samsung's lower pricing and advanced technology could further pressure SanDisk's market share [5] Group 4: Impact on Related Companies - The declines in SanDisk's stock affected Lianqi Technology and Zhaoyi Innovation due to their core positions in the storage industry supply chain, with Lianqi being a leading supplier of memory interface chips and Zhaoyi being a major player in the semiconductor design space [6] - Lianqi Technology's performance is closely tied to server memory module shipments and technology iterations, while Zhaoyi Innovation's product pricing and inventory levels are directly linked to global storage cycles [6]

Group 1 - The storage concept stocks experienced a decline, with 澜起科技 (Lianqi Technology) down 4.21% to HKD 198.1 and 兆易创新 (Zhaoyi Innovation) down 3.7% to HKD 416.2 [1] - Citron Research posted on social media, claiming that the market's pricing logic for SanDisk is fundamentally flawed, suggesting that the current tight supply of storage chips is merely an "illusion" and that the peak of the cycle is near [1] - Following Citron's intervention, SanDisk's stock price dropped significantly, with a decline of up to 5.7% during early trading on Tuesday, raising concerns about the sustainability of this strong stock and investor worries regarding the storage chip industry's economic cycle [1]

Group 1 - The stock prices of Lanke Technology (06809.HK) and Zhiyu Innovation (03986.HK) have decreased by 5.22% and 5.14% respectively [1]