红星美凯龙（601828）(01528)再涨超10%，截至发稿，涨9.3%，报1.41港元，成交额4961.03万港元。 红星美凯龙与左右家居确定了多项具体合作计划：渠道网络优化重点提升浙江、两广、川渝等区域，成 立联合工作组对红星美凯龙前150名商场进行网格化分析，制定左右家居针对性进驻方案。新零售转型 方面，以左右设计家为试点，红星美凯龙开放上海汶水店等样板，2026年打造行业标杆新零售门店。营 销与供应链协同上，红星美凯龙2026年营销规划为左右家居配置专项资源，推进数据驱动精准营销，探 索供应链金融创新。 消息面上，12月9日，红星美凯龙高管团队访问左右家居深圳总部，双方就渠道优化、新零售转型及供 应链协同等议题达成多项合作计划，共同深化战略伙伴关系。 ...

智通财经APP获悉，红星美凯龙(01528)拉升逾14%，公司A股涨停。截至发稿，涨14.17%，报1.36港 元，成交额8299.35万港元。 公开资料显示，美凯龙是国内领先的家居装饰及家具商场运营商和泛家居业务平台服务商。截止24年 末，公司经营77家自营商场，257家不同管理深度的委管商场，通过战略合作经营7家家居商场。此外， 公司以特许经营方式授权33家特许经营家居建材项目，共包括405家家居建材店/产业街。公司于2023年 6月引入新股东建发股份、联发集团。建发股份为厦门地方国有企业。 ...

人民财讯12月5日电，企查查APP显示，近日，上海美合盈企业管理有限公司成立，经营范围包含：企 业管理；企业管理咨询；信息咨询服务（不含许可类信息咨询服务）；信息技术咨询服务；商业综合体 管理服务。企查查股权穿透显示，该公司由美凯龙（601828）间接全资持股。 ...

Key Points - Company Grinda plans to invest 80 million yuan to subscribe for 1.91% of Muxi's initial public offering shares [1] - Fuyong Technology clarifies that its products do not possess AI capabilities [1] - Bohui Paper Industry intends to invest 1.7 billion yuan to establish a project with an annual production capacity of 320,000 tons of chemical pulp [1] - Jinggong Technology has won the bid for the Wuhan Qingshan high-performance carbon fiber production base project [1] - Yonghe Intelligent Control plans to transfer 100% equity and debt of its wholly-owned subsidiary Chengdu Shanshui [2] - Zhigang Home plans to repurchase shares with an investment of 80 million to 110 million yuan [2] - Meikailong's shareholder Hangzhou Haoyue intends to reduce its holdings by no more than 131 million shares [2] - International Medical plans to raise no more than 1.008 billion yuan through a private placement [2] - Guizhou Bailin's actual controller Jiang Wei has received a notice of investigation from the Securities Regulatory Commission [2]

格隆汇12月3日丨美凯龙(601828.SH)公布，公司于近日收到杭州灏月的《股份减持情况告知函》，杭州 灏月拟通过集中竞价、大宗交易方式减持公司股份共计不超过1.31亿股(占公司总股本3%)。其中以集中 竞价方式减持公司股份不超过4354.73万股(占公司总股本1%)；以大宗交易方式减持公司股份不超过 8709.47万股(占公司总股本 2%)。 ...

截至月份: 2025年11月30日 狀態: 新提交 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 致：香港交易及結算所有限公司 公司名稱: 紅星美凱龍家居集團股份有限公司 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01528 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 741,285,634 | RMB | | 1 | RMB | | 741,285,634 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 741,285,634 | RMB | | 1 | RMB | | 741,285,634 | | 2. ...

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11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: 紅星美凱龍家居集團股份有限公司 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 本月底法定/註冊股本總額： RMB 4,354,732,673 備註： 第 1 頁 共 11 頁 v 1.1.1 FF301 因本公司是於中華人民共和國註冊成立，「法定股本」之概念不適用於本公司。 FF301 第 2 頁 共 11 頁 v 1.1.1 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01528 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 741,285,634 | RMB | | 1 | RMB | ...

Group 1 - Alibaba's major shareholders, including Hangzhou Haoyue, are reducing their stakes in YTO Express and Meikailong, with Meikailong's major shareholder planning to sell up to 130,641,979 shares, representing 3% of the total share capital, valued at approximately 345 million yuan [1] - YTO Express announced that Hangzhou Haoyue transferred 39.925 million shares between November 10 and November 27, 2025, accounting for 1.16% of the total share capital [1] Group 2 - Guizhou Bailing's actual controller, Jiang Wei, is under investigation by the China Securities Regulatory Commission for insider trading and violations related to stock transfers, although this investigation does not affect the company's operations [3] Group 3 - The People's Bank of China emphasizes the need to address "involution" in the financial industry and improve the transmission mechanism of monetary policy, advocating for better coordination between monetary policy and fiscal and industrial policies [4] Group 4 - FTSE Russell announced changes to the FTSE China A50 Index, including the addition of Luoyang Molybdenum and Sungrow Power, while removing Jiangsu Bank and SF Express, effective December 22, 2025 [6] Group 5 - In November, retail sales of passenger vehicles in China decreased by 7% year-on-year, totaling 2.263 million units, while the retail sales of new energy vehicles increased by 7% year-on-year, reaching 1.354 million units [7] Group 6 - The London Metal Exchange reported a significant increase in copper delivery applications, with a rise of 50,575 tons, marking the largest increase since 2013 [8] Group 7 - Over 20 cities in China have suspended or adjusted their vehicle replacement subsidy programs as the fourth batch of 69 billion yuan in national subsidies is being consumed [9] Group 8 - Li Auto launched its first AI smart glasses, Livis, priced at 1,999 yuan, with a government subsidy reducing the price to 1,699 yuan for orders placed by December 31 [10] Group 9 - Anyang Iron and Steel's subsidiary plans to apply for a trust loan of up to 600 million yuan, while Longbai Group has received approval for a 4 billion yuan technology innovation bond [12] Group 10 - The Hong Kong Securities and Futures Commission has suspended trading of Daxian Education due to serious exaggeration of bank balances in its financial statements [13] Group 11 - Moore Threads is set to be listed on the Science and Technology Innovation Board on December 5, 2025 [14] Group 12 - High Energy Environment plans to apply for an initial public offering of H-shares on the Hong Kong Stock Exchange to enhance its global strategy [15] - Wanlong Optoelectronics is planning a major asset restructuring involving the acquisition of control over Zhejiang Zhongkong Information Industry Co., with trading suspended [16] Group 13 - Baiwei Storage reported a reduction of 4.646 million shares by the National Integrated Circuit Industry Investment Fund II, decreasing its stake from 7.9033% to 6.9078% [17]

Capital Market Highlights - "China's Nvidia," Moore Threads, will be listed on the STAR Market on December 5, with Muxi Co.'s IPO subscription starting the same day at a price of 104.66 yuan, aiming to raise 3.899 billion yuan [2] - JPMorgan upgraded its rating on Chinese stocks from "neutral" to "overweight," stating that the risk of a significant rise in the Chinese stock market by 2026 is much higher than the risk of a significant decline, with a projected 19% upside for the MSCI China Index under base case scenarios [2] - The China Securities Regulatory Commission disclosed that companies like Shichuangyi, Shurui Robotics, and Niushidate have initiated A-share IPO counseling, all categorized as hard technology enterprises [2] Key Industry Sectors - In embodied intelligence, Tesla released a video of its Optimus humanoid robot running, achieving a personal best; Yushu published a new video verifying the reliability of its machine, with H2 performing a combat test against G2 [4] - In commercial aerospace, the Zhuque-3 reusable launch vehicle was launched into orbit, but the recovery test failed [4] - In the chip sector, Amazon's cloud division plans to launch its latest AI chip, Trainium3, claiming it provides computational power for AI models at a lower cost and higher efficiency compared to Nvidia's GPUs [4] Company Updates - The price of Feitian Moutai has dropped to 1,399 yuan, falling below the official guidance price [5] - JPMorgan increased its stake in Vanke's H-shares from 4.72% on November 27 to 5.23%, while Blackstone's holding rose from 4.83% to 5.45% [5] - Guizhou Bailing's actual controller is under investigation for insider trading, information disclosure violations, and transferring stocks in violation of restrictions [5] - Lens Technology is collaborating with several leading domestic and international clients to develop various AI edge hardware devices, including glasses, watches, wristbands, rings, and desktop models [5] - Microchip Technology, a wholly-owned subsidiary of Saiwei Electronics, plans to participate in establishing Chuxin Micro Technology [5] - Zhongshi Technology intends to acquire a 51% stake in Zhongshi Xun Cold to enhance its liquid cooling business ecosystem [5]

Summary of Key Points Core Viewpoint - Several shareholders from various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics and investor sentiment in the market [1]. Shareholder Reductions - Del Shares: Fund Wuxu No. 15 plans to reduce its stake by no more than 2.98% [1] - Bangjie Shares: Suzhou Qingsong intends to reduce its stake by no more than 0.87% [1] - Huakai Yibai: Shareholder Zhou Xinhua plans to reduce his stake by no more than 2.91% [1] - Tianshan Aluminum: The actual controller intends to reduce his stake by no more than 1% [1] - Jianlang Hardware: Bai Baoping plans to reduce his stake by no more than 0.86% [1] - Tengda Technology: Tengzhong Investment intends to reduce its stake by no more than 0.8% [1] - Meikailong: Shareholder Hangzhou Haoyue plans to reduce its stake by no more than 131 million shares [1] - Anfu Technology: Shareholder Qin Daqian intends to reduce his stake by no more than 257,820 shares [1] - Weisaibo: Hong Kong Weisaibo plans to reduce its stake by no more than 2.99% [1] - Guoguang Chain: Shareholder Hu Jingen plans to reduce his stake by 6.772 million shares [1] - Guobote Electronics: Shareholder Zhongdian Ke Guowei plans to reduce his stake by 2.608 million shares [1] - Shijitianhong: Zhihong Education has cumulatively reduced its stake by 3% [1] - Delong Laser: Chairman and General Manager Zhao Yuxing has cumulatively reduced his stake by 1.82% [1] Other Notable Events - Degute: The company has terminated its plans for a major asset restructuring [1] - Guizhou Bailing: Actual controller Jiang Wei has received a notice of investigation from the Securities Regulatory Commission [1]