Core Insights - The report emphasizes the cyclical nature of the pig farming industry, indicating that the downward cycle is nearing its end, with a potential upward turning point expected in 2026 [3][19] - The pet economy remains a key growth area, highlighting investment opportunities in niche sectors [4] Group 1: Industry Overview - The agricultural sector, particularly the pig farming segment, is experiencing a downturn, with 2025 expected to see continued losses, leading to a price bottom in the first half of 2026 [5][19] - The chicken farming sector is also under pressure, with expectations of supply-side stabilization and demand recovery in 2026 [20] - The cattle farming sector is projected to face a supply contraction starting in 2026, which may last until 2027 [21] Group 2: Investment Opportunities - The pet food industry is anticipated to maintain its growth trajectory, with leading companies increasing their market share despite challenges in export performance [5][4] - The blueberry market in Yunnan is expected to see profit realization from 2024 to 2025, with growth potential continuing into 2026-2027 [5] - The artificial cultivation of Cordyceps is gaining traction as natural production declines, with early movers in this space likely to see performance improvements [5] Group 3: Key Companies to Watch - The report identifies several key companies for investment consideration, including Muyuan Foods, Wens Foodstuff Group, DeKang Agriculture, TianKang Biological, and others in the pet food sector [5]

Group 1 - As of November 5, 48 stocks reached their 52-week highs, with the top three being Eder Investment Holdings (06182) at 40.63%, LFG Investment Holdings (03938) at 11.70%, and Tianrui Automotive Interior (06162) at 11.11% [1] - Eder Investment Holdings closed at 0.900 and reached a high of 1.350, reflecting a significant increase [1] - LFG Investment Holdings and Tianrui Automotive Interior also showed notable increases in their stock prices, indicating positive market sentiment towards these companies [1] Group 2 - The report also highlights stocks that reached their 52-week lows, with XL South Strategy - U (4.034) showing the largest decline at -23.33% [2] - Other notable declines include Minglue Technology - W (197.900) at -21.01% and Zhihua Holdings (0.039) at -19.15%, indicating potential challenges faced by these companies [2] - The data suggests a mixed market environment, with some companies performing well while others struggle to maintain their stock prices [2] Group 3 - The report includes various stocks with minor declines, such as Capital World Financial (0.570) at -3.45% and Hu Shang Ayi (84.550) at -3.37%, reflecting a slight downward trend in certain sectors [3] - The overall performance of these stocks indicates a cautious market sentiment, with investors closely monitoring fluctuations [3] - The presence of both high-performing and underperforming stocks suggests a diverse investment landscape, requiring careful analysis for potential opportunities [3]

Group 1 - The latest data from the Hong Kong Stock Exchange indicates that on November 3, shareholders of Tianrui Automotive Interior (06162) transferred shares from HSBC Hong Kong to Beta International Securities, with a transfer market value of HKD 80.0158 million, accounting for 8.08% [1] - Tianrui Automotive Interior is the largest manufacturer of heavy truck interior components in the Northwest region, primarily providing customized design and development solutions for automotive interior and exterior components [1] - The company operates approximately 30,684 square meters of production facilities, including over 30 injection molding production lines and more than 10 compression molding production lines, offering a wide range of products such as floor mats, dashboards, headliners, overhead boxes, and door trims [1] Group 2 - As of the mid-year report in 2025, Tianrui Automotive Interior reported total operating revenue of CNY 138 million and a net profit of -CNY 5.986 million [1]

Group 1 - The core point of the article highlights the transfer of shares of Tianrui Automotive Interior (06162) from HSBC to Beta International Securities, with a market value of HKD 80.0158 million, representing 8.08% of the total shares [1] - Tianrui Automotive Interior is the largest manufacturer of heavy truck interior components in the Northwest region, specializing in customized automotive interior and exterior component design and development solutions [1] - The company operates approximately 30,684 square meters of production facilities, including over 30 injection molding production lines and more than 10 compression molding production lines, offering a wide range of products such as floor mats, dashboards, headliners, overhead boxes, and door trims [1] Group 2 - As of the mid-year report in 2025, Tianrui Automotive Interior reported total operating revenue of HKD 138 million and a net profit of -HKD 5.986 million [1]

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: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國天瑞汽車內飾件有限公司 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06162 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,000,000,000 | | 0 | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 2,000,000,000 | | 0 | | 2,000,000,000 | 第 2 頁 共 10 頁 v 1.1.1 呈交日期: 2025年11 ...

Group 1 - The company Tianrui Automotive Interior (06162) announced the appointment of Mr. Zou Weidong as an executive director effective from October 24, 2025 [1] - Mr. Ye Peisen has resigned as the company secretary and will no longer serve as an authorized representative [1] - Mr. Tan Hanhui has been appointed as the company secretary and authorized representative [1]

Group 1 - The company Tianrui Automotive Interiors (06162) announced the appointment of Mr. Zou Weidong as an executive director effective from October 24, 2025 [1] - Mr. Ye Peisen has resigned as the company secretary and will no longer serve as an authorized representative [1] - Mr. Tan Hanhui has been appointed as the company secretary and authorized representative [1]

Core Viewpoint - Tianrui Automotive Interior (06162.HK) announced key management changes effective from October 24, 2025, including the appointment of Zou Weidong as Executive Director, the resignation of Ye Peisen as Company Secretary and Authorized Representative, and the appointment of Tan Hanhui as Company Secretary and Authorized Representative [1] Group 1 - Zou Weidong has been appointed as Executive Director [1] - Ye Peisen has resigned from the position of Company Secretary and will no longer serve as Authorized Representative [1] - Tan Hanhui has been appointed as Company Secretary and Authorized Representative [1]

中國天瑞汽車內飾件有限公司 CHINA TIANRUI AUTOMOTIVE INTERIORS CO., LTD （股份代號：6162） （於開曼群島註冊成立的有限公司） 董事名單與其角色和職能 自2025年10月24日起生效，中國天瑞汽車內飾件有限公司董事會（「董事會」）成員載列 如下： 執行董事 附註： 主席： 相關董事委員會主席 成員： 相關董事委員會成員 中國，西安，2025年10月24日 張靜蓉女士 鄒衛東先生 獨立非執行董事 朱紅強先生 周根樹先生 陳耿先生 董事會已設立三個委員會且該等委員會的成員載列如下： | | 董事委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | | 董事 | | | | | | 鄒衛東先生 | | – | – | – | | 張靜蓉女士 | | – | 成員 | 成員 | | 朱紅強先生 | | 成員 | 主席 | – | | 周根樹先生 | | 主席 | 成員 | 主席 | | 陳耿先生 | | 成員 | – | 成員 | ...

（股份代號：6162） （於開曼群島註冊成立的有限公司） 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。 中國天瑞汽車內飾件有限公司 CHINA TIANRUI AUTOMOTIVE INTERIORS CO., LTD 委任執行董事及 公司秘書兼授權代表變更 董事會宣佈，自2025年10月24日起： 中國天瑞汽車內飾件有限公司（「本公司」，連同其附屬公司合稱「本集團」）董事（「董事」） 會（「董事會」）宣佈，自2025年10月24日起：(i)鄒衛東（「鄒先生」）已獲委任為執行董事； (ii)葉沛森先生（「葉先生」）辭任本公司的公司秘書（「公司秘書」）且不再為香港聯合交易 所有限公司（「聯交所」）證券上市規則（「上市規則」）第3.05條項下之授權代表（「授權代 表」）；及(iii)譚漢輝先生（「譚先生」）已獲委任為公司秘書兼授權代表。 1 (i) 鄒衛東先生已獲委任為執行董事； (ii) 葉沛森先生辭任公司秘書及不再為授權代表；及 (iii) 譚漢輝 ...