Core Viewpoint - The Pu'er Financial Regulatory Bureau has approved the relocation of China Pacific Property Insurance Co., Ltd.'s Zhenyuan branch to a new address in Yunnan Province, indicating ongoing operational adjustments within the company [1]. Group 1 - The new business location for China Pacific Property Insurance Co., Ltd.'s Zhenyuan branch is specified as: Building 3, Room 105, 1-2 floors, Hani (Kusong) Family A Group, Binhai Road, Zhenyuan Yi Autonomous County, Pu'er City, Yunnan Province [1]. - The company is required to handle the change and obtain the necessary permits in accordance with relevant regulations [1].

Market Performance - On September 24, 2025, the equity markets saw most sectors rise, with the Shanghai Composite Index and Shenzhen Composite Index increasing by 0.83% and 1.56% respectively, while the CSI 300 and CSI 500 rose by 1.02% and 1.99% respectively [1] Stock Performance - The top five gainers in the real estate sector were Yunnan Chengtou, Yuhua Development, Shanghai Lingang, Zhangjiang Hi-Tech, and Shibei Gaoxin, with increases of 10.16%, 10.02%, 10.01%, 10.01%, and 9.98% respectively - The largest decliners included Xiangjiang Holdings, Shoukai Shares, Shahe Shares, Nanguo Real Estate, and China National Trade, with declines of -9.47%, -7.31%, -4.22%, -3.10%, and -1.75% respectively [2] Industry News - In Nanjing, a total of 44.45 billion yuan was raised from the sale of 7 residential land plots, with a total area of 306,700 square meters and a total planned construction area of 505,800 square meters. The plots were sold at their starting prices, with the largest plot in Yuhua District sold to China State Construction International for 720 million yuan, resulting in a floor price of 12,097 yuan per square meter and a premium rate of 0% [3] - In Chengdu, a total of 22.78 billion yuan was raised from the sale of 3 residential land plots, with a total area of 101,300 square meters and a planned construction area of 183,600 square meters. Two plots in Tianfu New District were sold at a premium of 16.43%, with the winning bid by a consortium led by China Railway Construction at a floor price of 16,300 yuan per square meter [4] Company Announcements - Vanke announced the redemption of all "20 Vanke 08" bonds, with a redemption date set for November 13, 2025, at a price of 104.11 yuan per bond, including interest. The total bond balance is 1.6 billion yuan, with a coupon rate of 4.11% and a maturity date of November 13, 2027 [5] - China Resources Land announced the issuance of corporate bonds for professional investors, with a total issuance scale of up to 2 billion yuan. The bonds consist of two types, with maturities of 3 years and 5 years respectively [5]

Core Viewpoint - Pacific Legend Group announced a fundraising through the placement of new shares, raising approximately HKD 17.1 million, with net proceeds of about HKD 16.9 million after expenses [1] Group 1: Fundraising Details - The company issued 82,107,900 shares at a placement price of HKD 0.208, representing a discount of approximately 15.45% compared to the previous trading day's closing price of HKD 0.246 [1] - The placement price also reflects a discount of about 19.00% compared to the average closing price of HKD 0.2568 over the last five trading days [1] - The newly issued shares account for 20% of the existing issued share capital and will represent approximately 16.67% of the enlarged share capital upon completion [1] Group 2: Use of Proceeds - The net proceeds of approximately HKD 16.9 million will be utilized for general operating funds, including payment of salaries, rent, trade-related expenses, and other operational and administrative costs [1] - The funds will also be used to repay accrued rent in Hong Kong, bank loans in Dubai, and other borrowings [1] Group 3: Company Overview - Pacific Legend Group is primarily engaged in the sale and rental of furniture and home accessories, as well as project and hotel services, typically involving interior design, soft decoration design, and decoration and layout for commercial or residential properties [1]

Core Viewpoint - Pacific Securities research report highlights that Bee Assistant is a well-known digital virtual goods service provider in China, expanding into the IoT + cloud terminal sector [1] Group 1: Company Performance and Goals - The company has set a target for its 2025 equity incentive plan, aiming for a revenue growth rate of no less than 30.30% and a research and development expenditure growth rate of no less than 18.00% based on 2024 [1] - This indicates the company's confidence in future development and a strong commitment to R&D investment [1] Group 2: Market Position and Growth Potential - The company has accumulated a large number of top-tier client resources over the years, establishing a high barrier to entry with core clients [1] - The development momentum in the IoT + cloud terminal business is strong, suggesting a promising second growth curve [1] - The report maintains a "buy" rating for the company [1]

Group 1 - The core viewpoint of the article highlights that Tianqin Equipment is a leading enterprise in the domestic equipment protection sector, benefiting from the high prosperity of the ammunition industry chain [1] - The company maintains close cooperation with multiple major manufacturers such as China Ordnance Group and China North Industries Group, fulfilling the demand for various equipment protection products [1] - The specialized protective devices, which are the fundamental components of defense equipment, provide the company with a first-mover advantage in multiple types of defense equipment that have already been standardized and deployed [1] Group 2 - The company is expanding its product range by developing necessary extensions to its existing products, further exploring the market and increasing its supporting business opportunities [1] - There is a sufficient reserve of ongoing research projects, and as these new products are standardized and enter mass production, they are expected to become new growth points for the company's performance [1] - The report maintains a "buy" rating for the company, indicating a positive outlook on its future performance [1]

Core Viewpoint - The National Financial Supervision Administration of Taizhou has approved the change of business location for China Pacific Property Insurance Co., Ltd. in Tiantai County, Zhejiang Province [1] Group 1 - The new business location for the Tiantai branch is set to be at No. 163-165, Hehe North Road, Shifeng Street, Tianxi Center, 5th Floor, Tiantai County, Taizhou City, Zhejiang Province [1] - China Pacific Property Insurance Co., Ltd. is required to handle the change and obtain the necessary permits in accordance with relevant regulations [1]

（文章来源：证券日报） 证券日报网讯宏力达9月24日在互动平台回答投资者提问时表示，公司有少量中标中国太平洋保险（集 团）股份有限公司项目，金额较小，对公司经营无重大影响。 ...

Core Points - Pacific Securities recently announced a legal update regarding its bond trading dispute with Jinhong Holdings Group, with the Supreme People's Court rejecting its retrial application [1] - The total principal amount involved in the lawsuit is 190.099 million yuan, stemming from the failure of the defendant to make scheduled payments [1] - Despite the ongoing litigation, most of the claims have been settled, and the collateral is sufficient to cover the remaining claims, indicating minimal impact on the company's current and future profits [2] Summary by Sections - **Legal Proceedings** - The Supreme People's Court dismissed Pacific Securities' retrial application related to the bond trading dispute [1] - The company had previously filed lawsuits in 2018 and 2024 due to the defendant's failure to fulfill payment obligations [1] - **Financial Impact** - Most of the claims in the lawsuit have been settled, and the collateral is adequate to cover the remaining claims, suggesting no significant impact on the company's financial status or debt repayment ability [2] - The company maintains that the lawsuit does not adversely affect its business operations or financial condition [2] - **Future Actions** - Pacific Securities will continue to monitor the progress of other legal cases and will actively protect the rights of the company and its shareholders [2]

格隆汇9月24日丨宏力达(688330.SH)在投资者互动平台表示，公司有少量中标中国太平洋保险(集团)股 份有限公司项目，金额较小，对公司经营无重大影响。 ...

证券代码：601099 证券简称：太平洋 公告编号：临 2025-23 太平洋证券股份有限公司 诉讼进展公告 三、本次公告的诉讼对公司本期利润或期后利润等的影响 1 上述案件所涉债权大部分已获清偿，目前抵押物充足，基本覆盖剩余债权， 本次诉讼事项对公司本期利润或期后利润不产生重大影响。 公司各项业务经营情况正常，上述诉讼事项目前对公司业务经营、财务状况 及偿债能力无重大影响。公司将持续关注其他案件进展情况，积极采取各项措施， 维护公司及股东的合法权益，并依照法律法规的规定，根据案件进展情况及时履 行信息披露义务。 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。 太平洋证券股份有限公司（以下简称"公司"）前期发布的公告披露了公司 诉金鸿控股集团股份有限公司等公司债券交易纠纷案的基本情况及进展情况。具 体内容详见公司于 2019 年 3 月 28 日、2020 年 8 月 15 日、2021 年 3 月 27 日、 2024 年 3 月 20 日、2024 年 12 月 12 日、2025 年 7 月 26 日发布的公司涉及诉讼 ...