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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京北辰實業股份有限公司(於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年9月30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) | N/A | 說明 | A股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,660,000,000 | RMB | | 1 RMB | | 2,660,000,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 2,660,000,000 | RMB | | 1 RMB | | 2,660,000,000 | | ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京北辰實業股份有限公司(於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年9月30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) | N/A | 說明 | A股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,660,000,000 | RMB | | 1 RMB | | 2,660,000,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 2,660,000,000 | RMB | | 1 RMB | | 2,660,000,000 | | ...

Core Insights - The establishment of the AI Exhibition Ecological Alliance aims to promote the deep integration of artificial intelligence with the exhibition industry, injecting new momentum into the digital transformation of the sector and helping Beijing become an international exhibition capital while providing a "Chinese solution" for the global exhibition industry [1][3]. Group 1: Alliance Formation and Objectives - The AI Exhibition Ecological Alliance was initiated by Beichen Group and includes various stakeholders such as government departments, enterprises, and research institutions, creating a comprehensive ecosystem that integrates government, industry, academia, research, and application [3]. - The alliance's mission is to drive the digital transformation of the exhibition industry and build a new AI-enabled ecosystem, focusing on innovation in event organization and enhancing the circulation of technology, capital, talent, and scenarios [5]. Group 2: Key Initiatives and Collaborations - The alliance has outlined key tasks for the fourth quarter of 2025, including the construction of a trusted data space, development of intelligent exhibition entities, and collection of application scenarios [5]. - Several cooperation plans were launched, including the "AI Exhibition Industry Park Cooperation Plan" aimed at creating a comprehensive park for technology research, testing, and incubation [5]. - Beichen Group, along with other institutions, has established the "Beijing Exhibition Technology Innovation Industry Fund" to provide financial support to enterprises, and initiated the construction of a trusted data space using technologies like blockchain and privacy computing [5]. Group 3: Industry Impact and Future Directions - The formation of the AI Exhibition Ecological Alliance signifies a new phase of "intelligent ecological collaboration" in China's exhibition industry, aiming to integrate resources and foster innovation for the digital and intelligent transformation of the global exhibition sector [6].

Core Insights - The establishment of the Artificial Intelligence Exhibition Ecological Alliance aims to promote the deep integration of AI with the exhibition industry, enhancing the digital transformation and high-quality development of the sector [1][3]. Group 1: Alliance Formation and Objectives - The alliance was initiated by Beichen Group and includes various stakeholders such as government departments, leading enterprises, and research institutions, creating a comprehensive industrial ecosystem covering "government, industry, academia, research, and application" [3][4]. - The core mission of the alliance is to drive the digital transformation of the exhibition industry and build a new AI-enabled exhibition ecosystem, focusing on innovation in event organization and enhancing the circulation of key resources [4][5]. Group 2: Strategic Collaborations and Initiatives - The alliance has signed multiple strategic cooperation agreements, including partnerships with China Academy of Information and Communications Technology and Beijing University of Posts and Telecommunications, to foster collaborative innovation [7]. - A series of initiatives were launched, including the establishment of an "Artificial Intelligence Exhibition Industry Park" and a "Capital Innovation Fund" to support technological development and project implementation within the alliance [7][8]. Group 3: Industry Impact and Future Directions - The alliance aims to address industry challenges by leveraging technology and collaboration, with a focus on creating a trustworthy data circulation system through blockchain and privacy computing [7][8]. - Future plans include further resource integration and collaboration with new consumption innovation alliances to explore pathways for industry upgrades and provide a model for global digital and intelligent transformation in the exhibition sector [8].

Group 1 - The establishment of the Artificial Intelligence Exhibition Ecosystem Alliance aims to create a comprehensive industrial ecosystem involving government, leading enterprises, and research institutions, focusing on the entire "government-industry-academia-research-application" chain [1] - The alliance includes over 50 companies from the AI, exhibition, and data sectors, such as Beichen Group, Beijing Telecom, Tencent Cloud, and others, to promote technological innovation and industry upgrades [1] - The alliance's key focus areas for Q4 2025 include building a trusted data space, developing intelligent exhibition entities, and collecting applications for AI scenarios in exhibitions [1] Group 2 - A cooperation plan was launched to create an exhibition innovation park that integrates resource development, scenario testing, enterprise incubation, and industrial clustering [2] - The establishment of the "Beijing Exhibition Technology Innovation Industry Fund" aims to provide financial support for technology research and project implementation within the alliance [2] - The initiative to build a trusted data space for exhibitions will utilize technologies such as blockchain and privacy computing to create a reliable data circulation system [2]

Core Insights - The opening of Changsha Beichenhui marks a significant upgrade in consumer experiences and services in the northern commercial area of Changsha [1][3] - Beichen Group has invested over 42 billion yuan in Changsha, with a total development area of 5.2 million square meters and tax contributions exceeding 7.87 billion yuan [3] Group 1 - The new commercial brand, Changsha Beichenhui, represents Beichen Group's strategic expansion in the Central China region [3] - The project features 24 new brands, including the first stores in Central China for WHATEVER COFFEE and "Er Yi" [3] - The integration of commerce and art is highlighted by a large public art installation created by renowned artist Zhang Zhanzhan and the first exhibition of "Wang Wang Mountain Little Monsters" in Hunan [3] Group 2 - The local government emphasizes the need for Changsha to develop into an international consumption center by introducing and nurturing new consumption formats and scenarios [3] - Beichen Group is encouraged to deeply integrate into Changsha's new consumption development strategy, enhancing resource input and creating a new hub for brand aggregation [3] - The initiative aims to promote commercial synergy and establish a new pattern along the "One River, Two Banks" concept [3]

Group 1 - The core point of the news is that Beichen Real Estate experienced a decline of 5.24% in its stock price, reaching 1.99 CNY per share, with a total market capitalization of 6.7 billion CNY [1] - Beichen Real Estate, established on October 9, 1998, and listed on October 16, 2006, primarily engages in real estate development, exhibitions (including hotels), and commercial properties, with revenue composition being 48.91% from exhibitions (including hotels) and commercial properties, 48.40% from real estate development, and 2.60% from other businesses [1] - The Southern Fund's Southern CSI Real Estate ETF has increased its holdings in Beichen Real Estate by 367,100 shares in the second quarter, now holding 20,374,200 shares, which represents 0.61% of the circulating shares [2] Group 2 - The Southern CSI Real Estate ETF, managed by Luo Wenjie, has a total asset size of 138.999 billion CNY, with a best fund return of 148.65% and a worst fund return of -47.6% during his tenure [3] - The fund has reported a year-to-date return of 7.63% and a one-year return of 32.49%, ranking 3,631 out of 4,222 and 3,167 out of 3,805 respectively in its category [2]

Core Viewpoint - The financing activities of Beichen Real Estate (601588) indicate a strengthening market sentiment, with a net financing purchase of 1.0352 million yuan on September 16, 2025, and a total net purchase of 9.0305 million yuan over the last three trading days [1][4]. Financing Summary - On September 16, 2025, the financing buy amounted to 20.3897 million yuan, while the financing repayment was 19.3545 million yuan, resulting in a net financing purchase of 1.0352 million yuan. The financing balance reached 154 million yuan, representing 2.63% of the circulating market value [1][2]. - Over the past 20 trading days, there were 11 days with net financing purchases, indicating a generally positive trend in investor sentiment [1]. Margin Trading Summary - On the same day, September 16, 2025, there were 4,800 shares sold short, with 2,900 shares repaid, leading to a net short sale of 1,900 shares. The remaining short position was 51,900 shares [2][3]. - In the last 20 trading days, there were 13 days with net short sales, suggesting a prevailing bearish sentiment among some investors [2]. Margin Balance Overview - The total margin balance on September 16, 2025, was 154 million yuan, which increased by 1.0429 million yuan (0.68%) from the previous day [4]. - The margin balance has shown fluctuations over the past few days, with notable increases on September 15 (5.32%) and September 11 (2.39%) [4].

Core Insights - Changsha Beichen Delta Commercial Project will be upgraded to Changsha Beichen Hui on September 20, injecting new momentum into the city's development as an international consumption center [1][3] Company Overview - Beichen Group has been operating in Hunan for 18 years, having invested a total of 50 billion yuan to create a city complex with a total construction area of 5.2 million square meters [3] - Following the expiration of its partnership with Joy City, Beichen Group will independently operate and upgrade the project, achieving a brand renewal rate of 95% [3] New Developments - The new positioning of Changsha Beichen Hui is "Trendy Stars, Family Love," focusing on young families and trendy consumers [3] - The project will introduce 24 first stores in Central China, including a cycling lifestyle store, a celebrity coffee brand, and a Chinese tea and wine bar [3] Lifestyle and Experience Enhancements - Four major lifestyle scenarios will be constructed, including: - An art lifestyle scene featuring a giant art installation by a contemporary artist, creating the "Xiangjiang Art Corridor" [3] - A quality lifestyle scene retaining landmarks like the Jiangjing Rainbow Slide and upgrading stores such as Huawei flagship and Pop Mart concept store [3] - A fashion social scene introducing stores managed by Hunan celebrities, creating a "slow flash park" [3] - An entertainment experience scene linking cultural landmarks along a 2.5-kilometer riverside walkway to enhance night economy [3] Collaborative Initiatives - The "Beichen Riverside Business Circle New Life Innovation Alliance" is initiated by the Kaifu District government and Beichen Group, covering a 3-kilometer riverside area to connect cultural landmarks and promote resource sharing [3]

Core Viewpoint - The "French Salon Exhibition" is a significant cultural exchange event celebrating the 61st anniversary of Sino-French diplomatic relations, showcasing nearly 250 artworks from 16 countries and regions, and aims to promote deep dialogue and integration between Chinese and French art [2][2]. Group 1: Event Overview - The "French Salon Exhibition" opened on September 13 at the National Convention Center, featuring an open salon layout [2]. - This exhibition marks the first showcase of the "French Independent Art Salon" in China since its establishment in 1884, highlighting its historical significance in promoting French art [2][2]. Group 2: Organizational Insights - Beichen Group is expanding the "Exhibition +" concept, leveraging the exhibition industry to empower multiple sectors and create an "Exhibition +" ecosystem [2]. - The introduction of the French Independent Salon Exhibition reflects the resource integration and international platform effects of the Asia-Oceania Business Alliance [2]. Group 3: Public Engagement - The exhibition will run until September 15, with public open days on September 14 and 15, during which various thematic forums and cross-border exchange activities will be held [2].