Group 1 - Smoore International (06969) shares increased by 4.6%, reaching HKD 12.96, with a trading volume of HKD 146 million [1] - The company announced a renewed procurement framework agreement with EVE Energy (300014) for battery products, effective from January 2026 to December 2028 [1] - The procurement agreement is driven by the continuous growth of the global electronic vaporization product market, indicating a potential increase in product orders [1] Group 2 - Huafu Securities highlighted that the new procurement agreement is expected to enhance sales of Smoore's new tobacco products in new regions, particularly with the entry of international tobacco leaders' HNB products into mainstream markets [1] - The company is anticipated to benefit from a shift in European markets towards more profitable products like pod-based and open-system devices [1] - In the U.S., the enforcement of electronic cigarette regulations has strengthened, suggesting significant recovery potential for compliant product market share [1] Group 3 - Smoore International's diverse business segments, including vapor electronic cigarettes, HNB, vapor beauty, and vapor medical products, are entering a harvest phase [1] - The global launch of various products and multi-point catalysts are expected to drive future growth [1]

Core Viewpoint - Smoore International (06969) has seen a stock increase of over 4%, currently trading at HKD 12.96, with a transaction volume of HKD 146 million. The company has renewed its procurement framework agreement with EVE Energy, effective from January 2026 to December 2028, for battery products, indicating a positive outlook for the electronic vaporization product market [1]. Group 1 - The renewed procurement agreement with EVE Energy is expected to support the continuous growth of Smoore's product orders due to the expanding global electronic vaporization market [1]. - The company is likely to benefit from the entry of major international tobacco players' heated non-combustible (HNB) products into mainstream markets, which may contribute to sales growth in new regions [1]. - In Europe, particularly in the UK, there is potential for a shift towards more profitable pod-based and open-system products, enhancing profitability [1]. Group 2 - The enforcement of electronic cigarette regulations in the United States is expected to restore market share for compliant products, providing significant recovery opportunities [1]. - Smoore's diverse business segments, including vapor electronic cigarettes, HNB, vapor beauty, and vapor medical products, are entering a harvest phase, with global launches and multi-point catalysts anticipated [1].

Core Viewpoint - EVE Energy has signed a procurement framework agreement with Smoore International for the continuous supply of battery cells and other products until December 31, 2028, with the actual transaction amounts to be determined by future orders [1] Group 1 - The agreement is a framework contract and does not specify exact monetary values; actual amounts will be based on orders signed and audited by accountants [1] - From January 1, 2026, Smoore International will begin purchasing battery cells and related products from EVE Energy [1] - The signing of this agreement is not expected to have a significant impact on EVE Energy's operating performance for the fiscal year 2025; future impacts will depend on actual orders [1]

Group 1: Trade and Economic Development - He Lifeng emphasized the need to continuously promote the quality and efficiency of foreign trade, improve high-standard logistics systems, and support high-quality development in manufacturing [1] - The Ministry of Commerce aims to guide localities in transitioning second-hand car exports from "scale growth" to "value growth," enhancing product diversity for global consumers [1] - The Ministry of Housing and Urban-Rural Development highlighted the importance of urban renewal to support high-quality living and new industries [1] Group 2: Market and Financial Updates - The initial public offering (IPO) price for Moer Technology is set at 114.28 yuan per share, with a total market value of approximately 53.715 billion yuan [1] - The Asian Infrastructure Investment Bank (AIIB) has approved Colombia's membership, increasing its total membership to 111, covering 81% of the world's population and 65% of global GDP [1] - The Guangzhou Futures Exchange announced adjustments to trading fees and limits for lithium carbonate futures starting November 24, 2025 [1] Group 3: Corporate Announcements - Yiwei Lithium Energy signed a procurement framework agreement with Simor International [6] - Chuangyin High-Tech received a tender offer from Zhongzhong Group to acquire 20% of its shares at 11.85 yuan per share [6] - Lek Electric plans to transfer 90% of its precision machinery shares for 235 million yuan [6]

Major Announcements - EVE Energy signed a procurement framework agreement with Smoore International for the continuous supply of battery cells and other products as raw materials, with actual amounts to be determined by future orders [3] - ST Huami's stock is under "double risk" warning due to an audit report expressing inability to provide an opinion for the 2024 financial report, with a recovery of 1.567 billion yuan in occupied funds [4] - Wuzhou Transportation received a regulatory warning for accounting irregularities and failure to fulfill integrity checks for executives, leading to inaccurate financial disclosures [5] - Wenfeng Co. announced that its vice president is under investigation, but this will not significantly impact the company's operations [6] - Fosun Pharma's subsidiary has had its drug included in the breakthrough therapy designation program for gastric cancer treatment, marking a significant development in its product pipeline [7][8] - Shandong Steel's subsidiary is applying for bankruptcy liquidation, which is expected to increase the parent company's net profit by 15.88 million yuan [9] - Zhouming Technology established a new subsidiary, Shenzhen Zhixian Robotics Co., with a registered capital of 50 million yuan [10] Share Buybacks and Holdings - Spring Airlines conducted its first share buyback, acquiring 35,800 shares for a total of 1.9997 million yuan [11] - Donghua Software's controlling shareholder reduced his stake by 1%, selling 10.9832 million shares [12] - Changshu Bank's executives plan to increase their holdings by at least 550,000 shares over the next six months [13] Major Contracts - Nanfeng Co. won contracts worth 45.7 million yuan and 47.17 million yuan for HVAC systems, with delivery scheduled for 2027 [14] - Huakang Clean announced a pre-bid win for a purification system project at Keqiao Future Medical Center, with a bid price of 176 million yuan [15][16] - Qinglong Pipe Industry secured a contract worth 294 million yuan for a pipe procurement project, expected to impact its performance from 2026 to 2030 [17] - China Nuclear Engineering signed new contracts totaling 123.84 billion yuan as of October, with cumulative revenue of 81.334 billion yuan [18]

Core Viewpoint - The article summarizes important announcements from various companies, providing insights for investors regarding partnerships, financial performance, and regulatory actions. Group 1: Partnerships and Agreements - EVE Energy signed a procurement framework agreement with Smoore International for the continuous supply of battery cells and other products, with the actual amounts to be determined by future orders [4] Group 2: Financial Performance and Risks - ST Huami's stock is under "double risk" warning due to an inability to express an opinion on its 2024 financial report, with 1.567 billion yuan of occupied funds recovered [5] - Shandong Steel's subsidiary Metallurgical Ecology is applying for bankruptcy liquidation, which is expected to increase the parent company's net profit by 158.8 million yuan [9] Group 3: Regulatory Actions - Wuzhou Transportation received a regulatory warning for accounting irregularities and failure to fulfill integrity checks for executives, leading to inaccurate financial disclosures [6] - Wenkang's vice president is under investigation, but the company states that this will not significantly impact its operations [7] Group 4: New Projects and Contracts - Nanfeng Co. won contracts worth 45.7 million yuan and 47.17 million yuan for HVAC systems, expected to positively impact future financial performance [14] - Huakang Clean announced a pre-bid win for a purification system project at Keqiao Future Medical Center, with a bid of 176 million yuan [16] - Qinglong Pipe Industry secured a contract worth 294 million yuan for pipe procurement, which represents 10.43% of its audited revenue for 2024 [17] - China Nuclear Engineering signed new contracts totaling 123.84 billion yuan as of October 2025, with revenue of 81.334 billion yuan [18] Group 5: Share Buybacks and Holdings - Spring Airlines conducted its first share buyback, acquiring 35,800 shares for a total of 1.9997 million yuan [11] - Donghua Software's controlling shareholder reduced his stake by 1%, now holding 10.90% of the company [12] - Changshu Bank's executives plan to increase their holdings by at least 550,000 shares over the next six months [13]

Core Viewpoint - EVE Energy has signed a framework procurement agreement with Smoore International for the continuous supply of battery cells and related products, indicating a strategic partnership aimed at stabilizing supply chains and enhancing operational efficiency [1][2]. Group 1: Agreement Details - The agreement will commence from January 1, 2026, to December 31, 2028, focusing on the procurement of battery cells and other products, with costs determined based on market standards and previous contracts [2]. - The agreement is classified as a related party transaction due to the involvement of EVE Energy's board member in Smoore International, ensuring compliance with regulatory requirements [1][2]. Group 2: Financial Impact - The agreement does not specify transaction amounts, thus it is not expected to significantly impact EVE Energy's financial performance for 2025, with future impacts dependent on actual orders [2]. - EVE Energy anticipates a maximum of 6.592 billion yuan in daily related transactions with various affiliated parties in 2026, with 2.21 billion yuan already recorded in the first ten months of the year [2]. Group 3: Company Performance - For the first three quarters of 2023, EVE Energy reported total revenue of 45 billion yuan, a year-on-year increase of 32.17%, and a net profit attributable to shareholders of 2.816 billion yuan, reflecting an 18.40% growth [3]. - The company achieved a significant increase in battery shipments, with a 66.98% year-on-year growth in power battery shipments and a 35.51% increase in energy storage battery shipments [3]. Group 4: Future Outlook - EVE Energy expects continued growth in energy storage sales and improved gross margins in the fourth quarter, with a target for overseas energy storage battery shipments to exceed 25% in the coming year [4]. - The company is also focusing on the development of solid-state batteries and plans to enhance production capabilities through minor investments in existing production lines [5].

Core Points - The procurement framework agreement between Smoore International (06969) and EVE Energy (300014) established on November 4, 2022, will expire on December 31, 2025 [1] - A new procurement framework agreement has been signed between Smoore International and EVE Energy on November 20, 2025, for the supply of battery products [1] - The new agreement will be effective from January 1, 2026, to December 31, 2028, ensuring a reliable supply of battery products for Smoore International [1] - EVE Energy is recognized as a long-term reliable supplier with a good reputation for meeting quality standards required by Smoore International and its customers [1]

Core Viewpoint - Smoore International (06969) has entered into a new procurement framework agreement with EVE Energy, which will take effect from January 1, 2026, and will last until December 31, 2028, following the expiration of the previous agreement on December 31, 2025 [1] Group 1 - The previous procurement framework agreement between Smoore International and EVE Energy was established on November 4, 2022, and will expire on December 31, 2025 [1] - The new agreement signifies a continued partnership, with EVE Energy recognized as a long-term reliable supplier of battery products for Smoore International [1] - EVE Energy's battery products are noted for their good reputation and ability to meet the quality standards required by Smoore International and its customers [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 之 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之任何損失承擔任何責任。 採購框架協議將於2025年12月31日失效。有鑑於此，本公司欣然宣佈，本公 司已與億緯鋰能訂立新採購框架協議。 （ 於開曼群島註冊成立的有限公司） （股份代號：6969） 重續持續關連交易 重續持續關連交易 茲提述本公司（ 為其本身及代表其附屬公司（） 作為客戶 ）與億緯鋰能（ 為其本 身及代表其附屬公司（）作為供應商 ）所訂立日期為2022年11月4日的採購框架 協 議 ， 據 此 ， 億 緯 鋰 能 集 團 將 為 本 集 團 製 造 電 池 產 品 。 詳 情 請 參 閱 本 公 司 2024年年報第36至37頁「持續關連交易」一節。 Smoore International Holdings Limited 思 摩 爾 國 際 控 股 有 限 公 司 新採購框架 ...