Group 1 - MSCI announced the results of its November index review, which includes the addition of 17 new A-shares and the removal of 16 A-shares [2][3] - The newly added A-shares include companies such as Qianli Technology, Dongyangguang, and Changchuan Technology, while the removed A-shares include companies like Zhongzhi Co., Bertley, and Dong'a Ejiao [1][3] - The adjustments will take effect after the market closes on November 24 [2] Group 2 - In addition to A-shares, MSCI also included 9 new Hong Kong stocks in its indices, such as Zijin Mining International and GF Securities, while removing 4 Hong Kong stocks [3][4] - The largest new additions to the MSCI Global Standard Index include companies like CoreWeave, Nebius Group, and Insmed, indicating a focus on sectors like cloud services and biopharmaceuticals [4] - MSCI conducts four routine adjustments to its indices each year, with the November review being one of the two major semi-annual assessments [5]

Core Insights - The company is actively collaborating with leading clients in the robotics sector for material development and cooperation [1] - The company has already achieved bulk supply of modified engineering plastics and specialty engineering plastics to robotics companies [1] - The supplied materials are primarily used in the limbs, masks, radar, and battery pack housings of robots and robotic dogs [1]

Core Insights - MSCI announced the results of its November index review, which includes the addition of 17 new stocks to the MSCI China A-share index and the removal of 16 stocks. The changes will take effect after the market closes on November 24, 2025 [1][6]. Summary of Adjustments - **Newly Added Stocks**: The list includes stocks such as Qianli Technology (601777.SH), Dongyangguang (600673.SH), and Changchuan Technology (300604.SZ) among others [4]. - **Removed Stocks**: Stocks such as Zhongzhi Co., Ltd. (600038.SH), Bertli (603596.SH), and Dong'e Ejiao (000423.SZ) are among those being removed from the index [4]. - **Hong Kong Stocks**: In addition to A-share stocks, the MSCI China index also added nine Hong Kong stocks including Zijin Mining International and GF Securities, while removing four stocks such as Beijing Enterprises Water Group [4]. Global Index Adjustments - **Global Standard Index Changes**: MSCI's global standard index (ACWI) added 69 stocks and removed 64 stocks, with notable additions including CoreWeave, Nebius Group, and Insmed [5]. - **Emerging Markets Index**: The largest new additions to the MSCI Emerging Markets Index include Barito Renewables Energy from Indonesia, Zijin Mining International, and GF Securities [5]. Adjustment Frequency and Impact - MSCI conducts four routine adjustments annually, with the May and November adjustments typically being more significant. Adjustments are based on objective quantitative metrics such as market capitalization and liquidity [6].

Core Insights - MSCI announced the results of its November index review, which includes changes to the MSCI China A-shares index and the MSCI China index [1][2]. Group 1: MSCI China A-shares Index Changes - The MSCI China A-shares index will add 17 new stocks and remove 16 stocks, with the changes effective after the market close on November 24, 2025 [2]. - New additions to the index include companies such as Qianli Technology, Dongyangguang, and Changchuan Technology [4]. - Stocks removed from the index include China Everbright Bank and Huazhong Medicine [4]. Group 2: MSCI China Index Changes - The MSCI China index will also add 9 new Hong Kong stocks, including Zijin Mining International and Ganfeng Lithium [2]. - The index will remove 4 Hong Kong stocks, including Beijing Enterprises Water Group [2]. Group 3: Global Index Changes - The MSCI All Country World Index (ACWI) will add 69 stocks and remove 64 stocks globally [3].

Group 1 - MSCI announced changes to its indices, including the addition of 17 new A-share stocks and the removal of 16 stocks, effective after the market close on November 24, 2025 [1] - The newly added A-share stocks include 千里科技 (601777.SH), 东阳光 (600673.SH), and 长川科技 (300604.SZ), while stocks like 中直股份 (600038.SH) and 海澜之家 (600398.SH) were removed [1] - In addition to A-shares, 9 Hong Kong stocks were added to the MSCI China Index, including 紫金黄金国际 and 广发证券, while 4 stocks were removed [1] Group 2 - MSCI's global standard index (ACWI) added 69 stocks and removed 64, with notable additions including CoreWeave and Nebius Group [2] - The largest new additions to the MSCI Emerging Markets Index include Barito Renewables Energy, 紫金黄金国际, and 广发证券 [2] - MSCI conducts four routine adjustments to its indices annually, with May and November adjustments typically being more significant [2]

Core Insights - MSCI announced the results of its November index review, which includes the addition of 17 new stocks to the MSCI China A-share index and the removal of 16 stocks. The changes will take effect after the market closes on November 24, 2025 [1][4]. Group 1: A-Share Index Adjustments - New additions to the MSCI China A-share index include stocks such as Qianli Technology (601777.SH), Dongyangguang (600673.SH), and Changchuan Technology (300604.SZ) [4]. - Stocks removed from the index include Zhongzhi Co., Ltd. (600038.SH), Berteli (603596.SH), and Dong'a Ejiao (000423.SZ) [4]. Group 2: Hong Kong Stock Adjustments - In addition to A-share stocks, the MSCI China index also added nine Hong Kong stocks, including Zijin Mining International and GF Securities, while removing four stocks such as Beijing Enterprises Water Group [4]. Group 3: Global Index Adjustments - MSCI's global standard index (ACWI) added 69 stocks and removed 64, with notable new additions including CoreWeave, Nebius Group, and Insmed [5]. - The largest new additions to the MSCI Emerging Markets Index include Barito Renewables Energy, Zijin Mining International, and GF Securities [5]. Group 4: Adjustment Frequency and Impact - MSCI conducts four routine adjustments to its indices annually, with the May and November adjustments typically having a larger impact compared to the February and August adjustments [6]. - Adjustments are based on objective quantitative indicators such as market capitalization and liquidity, and historical analysis suggests that the overall market impact of MSCI's routine adjustments is manageable [6].

Core Insights - Jinfa Technology has recently established collaborations with major industry players, including Sinopec and Geely Automobile, to enhance talent development and sustainable materials research in the automotive sector [2][3]. Group 1: Collaboration with Sinopec - Jinfa Technology signed a talent training cooperation agreement with Sinopec Chemical Sales Co., Ltd. in Guangzhou, establishing a chemical product processing technology practice base [2]. - This base aims to provide practical training for employees, allowing them to gain insights into customer needs and industry trends, thereby strengthening the expert marketing team to support high-quality development [2]. - The partnership focuses on optimizing the "theory + practice" talent training model, creating a comprehensive talent development system covering production practice, marketing theory, end-product application, and market research [2]. Group 2: Joint Research Laboratory with Geely - Jinfa Technology, Geely Automobile, and China Automotive Data Co., Ltd. have launched the "Automotive Sustainable Materials Joint Research Laboratory" [3]. - The laboratory aims to integrate resources from automotive data services, vehicle R&D, and polymer material innovation, focusing on breakthroughs in sustainable materials technology and establishing a management system [3]. - Key areas of focus include: - Tackling core technologies for sustainable automotive materials, such as recycled materials, lightweight materials, and low-carbon applications [3]. - Building a closed-loop ecosystem for automotive materials, enhancing resource recycling efficiency through a comprehensive design and recycling system [3]. - Establishing a traceability and management system for sustainable materials, creating a quality traceability platform and shared database to support data-driven decision-making for automotive companies [3]. Group 3: Future Directions - The joint research laboratory will continue to promote the transformation and industrialization of sustainable materials technology, strengthen collaborative mechanisms, and enhance domestic and international exchanges in the automotive industry [3]. - The initiative aims to elevate the application level of sustainable materials in China's automotive industry and contribute to the global green and low-carbon development of the automotive sector [3].

Core Points - The resignation of Mr. Li Huaxiang from the non-independent director position of Kingfa Science and Technology Co., Ltd. is due to adjustments in the company's governance structure [2][3] - Mr. Li will continue to hold other positions within the company after his resignation [2] - The resignation will not affect the minimum number of board members or the normal operation of the board [2] - Mr. Li was elected as the employee representative director during the employee representative meeting held on November 3, 2025 [3] - The election of Mr. Li complies with relevant laws and regulations, ensuring that the number of employee representatives does not exceed half of the total board members [3] Resignation Details - Mr. Li Huaxiang submitted his resignation on November 3, 2025, which became effective upon delivery to the board [2] - The company confirmed that Mr. Li's resignation does not impact the board's functionality or the company's operations [2] Election of Employee Representative Director - The employee representative director is elected by the company's employees through a democratic process [3] - Mr. Li's term as the employee representative director will last until the end of the current board's term [3] - Mr. Li meets all qualifications and conditions required for the position as per the Company Law and the company's articles of association [3]

Group 1 - The company held a staff representative meeting and the eighth staff representative director election meeting on November 3, 2025 [1] - During the meeting, the staff representatives approved the election of Mr. Li Huaxiang as the staff representative director of the eighth board of directors [1]

证券代码：600143 证券简称： 金发科技 公告编号：2025-092 金发科技股份有限公司 关于公司非独立董事辞职暨选举职工代表董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 金发科技股份有限公司（以下简称"公司"）董事会于 2025 年 11 月 3 日收 到李华祥先生提交的书面辞职报告。因公司治理结构调整，李华祥先生申请辞去 公司第八届董事会非独立董事职务。公司于同日召开职工代表大会暨第八届职工 代表董事选举大会选举李华祥先生为职工代表董事。现将相关情况公告如下： 一、董事离任情况 | | | | | | 是否继续 | | 是否存 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 离任 | 离任时 | 原定任 | 离任 | 在上市公 | | 在未履 | | 姓名 | | | 期到期 | | 司及其控 | 具体职务 | 行完毕 | | | 职务 | 间 | | 原因 | | | | | | | | 日 | | 股子公司 | | 的公 ...