智通财经APP讯，贝壳-W(02423)发布公告，于2025年11月25日该公司斥资约300万美元回购51.55万股， 回购价格为每股5.75-5.85美元。 ...

格隆汇11月26日丨 贝壳-W(02423.HK)公告，11月25日耗资300万美元回购51.5万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年11月26日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | ...

Core Insights - The real estate service industry is entering a new stage of quality development, driven by evolving market demands and consumer needs [1][4] - The 26th "Bo Xue Da Kao" exam, with over 400,000 agents participating, emphasizes the importance of continuous professional development in enhancing service quality [1][7] Group 1: Professional Development - The "Bo Xue Da Kao" exam is not merely a knowledge test but a practical implementation of the concept "learning through examination" [1][7] - The exam has been conducted for 14 years since its inception in 2011, aiming to strengthen the professional capabilities of agents [7] - Continuous professional development is seen as essential for achieving service excellence in the real estate sector [7] Group 2: Service Commitment Enhancements - The "Anxin Service Commitment" has been upgraded to include a comprehensive service guarantee system, addressing key pain points in real estate transactions [4][8] - The "True Guarantee" system includes commitments such as "real listings, secure payments, refundable commissions, privacy protection, and quality compensation," with specific promises like "fake listings will incur a penalty of 100 yuan" [8][10] - The launch of the leak service commitment aims to address common issues faced by homeowners, providing compensation for verified damages within one year of transaction [10] Group 3: One-Stop Service Innovations - The "Meihao Jia" one-stop accelerated selling service has been introduced to enhance the selling experience, resulting in a 50% increase in viewing rates and a reduction in average transaction time from 225 days to 32.6 days [11] - This service aligns with the company's strategy to innovate and empower the real estate market, ensuring a seamless experience from property selection to occupancy [11][12]

Core Insights - The event "Wenxin Mentor Training Camp - 'Finance + AI Data' Special" will be held on December 6-7, 2025, in collaboration with Baidu Wenxin and Beijing News, aiming to promote the deep application of AI technology in the financial sector and cultivate interdisciplinary talents [1] Group 1: Event Overview - The training camp responds to national initiatives, specifically the "14th Five-Year Plan," which emphasizes the implementation of "AI+" actions to integrate AI with various industries [1] - The camp focuses on accelerating the application of large model technology in finance, featuring expert-led courses and real case studies [1][2] - Participants will gain practical training that combines theory with real-world applications, enhancing their financial business insights and AI technical skills [1] Group 2: Training Content - The curriculum includes techniques for maximizing AI potential, such as "Financial Prompt Engineering," and methods for evaluating AI responses across financial scenarios [2] - The training camp is open for registration to individuals with at least three years of frontline financial experience or those holding a PhD in finance or related fields [3] Group 3: Networking Opportunities - Participants will have the opportunity to learn cutting-edge methodologies for cross-disciplinary integration and join a high-quality fintech network [4]

Core Viewpoint - The emergence of the renovation fund custody business addresses consumer disputes arising from the "prepayment" model in the home decoration industry, enhancing consumer rights protection and promoting a new phase of high-quality, standardized development in the industry [1][4]. Group 1: Fund Custody Mechanism - The innovative model features a "designated account and milestone release" fund management mechanism, ensuring that renovation funds are deposited into a bank-regulated custody account and only released upon consumer satisfaction at key project milestones [2][4]. - The fund custody service effectively eliminates the risk of fund misappropriation, aligning payment with project progress and quality [4][6]. Group 2: Consumer Empowerment - The fund custody service reverses the traditional passive payment relationship, empowering consumers with control over their funds throughout the renovation process [5][6]. - Consumers can monitor their funds through the bank's platform, ensuring transparency and security in the payment process [5]. Group 3: Industry Impact - The introduction of the fund custody mechanism by Beike's Weijia has set a service benchmark in the industry, compelling other companies to enhance service quality and consumer trust [6][7]. - The model has led to a significant reduction in customer complaints, fostering a positive interaction between consumers and service providers [6][7]. Group 4: Credit Ecosystem and Sustainable Development - The fund custody business contributes to the establishment of a credit system within the home decoration industry, addressing long-standing trust issues and promoting sustainable development [7][8]. - By enhancing transparency and accountability, the mechanism encourages a shift from sales-driven to service-driven business models, leading to overall quality improvements in the industry [7][8]. Group 5: Community Engagement - Weijia has initiated public welfare activities, such as the "Home Decoration Safety Consumption Classroom," to educate consumers about renovation risks and enhance their protective capabilities [8]. - This initiative combines consumer education with the fund custody service, fostering a collaborative ecosystem involving enterprises, financial institutions, consumer associations, and consumers [8].

Core Insights - Beike Technology Co., Ltd. has obtained a patent for a method, device, electronic equipment, and storage medium related to "testing methods for wiring software," with the authorization announcement number CN115374517 B and an application date of August 2022 [1] Company Overview - Beike Technology Co., Ltd. was established in 2017 and is located in Tianjin, primarily engaged in technology promotion and application services [1] - The company has a registered capital of 100 million RMB [1] Investment and Intellectual Property - Beike Technology has invested in 11 companies and participated in 25 bidding projects [1] - The company holds 239 trademark registrations and 960 patent registrations, along with 18 administrative licenses [1]

Core Viewpoint - The relationship between Vanke and Beike has deteriorated significantly, culminating in Vanke's complete divestment from Beike's shares, marking the end of an eight-year partnership [2][10][11]. Group 1: Personnel Changes - Zhao Ran, formerly the marketing deputy manager at Vanke, has joined Beike's subsidiary Beihome to lead marketing efforts [1]. - In 2023, Beike also recruited Xiao Zheng, Vanke's financial head for the Northeast region, to serve as the general manager of its financial center [1]. Group 2: Historical Context - Vanke and Beike's relationship began with a partnership that was mutually beneficial, with Vanke providing product capabilities and Beike offering a vast customer base and channel resources [6]. - The collaboration led to the establishment of a joint venture, Wanlian, in 2015, which aimed to redefine the home decoration industry and achieved significant growth in its early years [7][9]. Group 3: Financial Developments - Vanke invested 3 billion yuan in Beike in 2017, which included a 2.6 billion yuan stake in Beike's predecessor, Lianjia [8]. - Vanke's divestment from Beike was confirmed in November 2023, with the company stating it had sold all its shares, which were valued at approximately 5.725 billion yuan based on Beike's market capitalization [10][11]. Group 4: Strategic Shifts - Vanke's decision to exit its investment in Beike is seen as a strategic move to improve its cash flow and debt structure amid ongoing challenges within the company [11][12]. - The management indicated plans to further divest non-core assets and businesses to enhance financial stability [12].

Group 1 - Beike's large-scale layoffs involve a 30% reduction in overall staff, with a 50%-60% cut in management levels P8 and above, reflecting survival anxiety after a Q3 report showing a 36.1% drop in net profit to 747 million yuan [2] - Alibaba's Q2 revenue reached 247.8 billion yuan, slightly above estimates, but adjusted net profit fell to 10.35 billion yuan, significantly below expectations [4] - ByteDance plans to launch a new PICO product in 2026, featuring a self-developed chip for real-time processing of high-definition video, with a pixel density nearly nine times that of the iPhone 17 Pro Max [4] Group 2 - NIO's founder expressed confidence in achieving profitability in Q4 2025, driven by strong orders for high-margin models like the new ES8 [13] - Novartis China plans to adjust its county-level business operations starting January 2026, while maintaining its commitment to the county healthcare market [13] - The "Fu Gui Niao" brand is now under new management, which claims that its operations are healthy and normal despite previous bankruptcy reports of its former entity [14] Group 3 - Huawei launched the Mate X7 foldable phone, starting at 12,999 yuan, featuring the Harmony OS 6 and multiple memory configurations [19] - The global smart ring market is expected to see shipments exceed 4 million units in 2025, with Oura holding a 74% market share in the first half of that year [22] - Amazon is pushing its in-house AI programming tool Kiro, advising engineers to avoid third-party tools [15]

Core Insights - The article discusses the launch of the "True Guarantee" full-process service assurance system by Beike, aimed at enhancing service quality in the evolving real estate market [2][4]. Group 1: Service Quality and Professionalism - Beike emphasizes the importance of continuous professional development for real estate agents, as evidenced by the participation of over 400,000 agents in the 26th "Bo Xue Da Kao" exam, which is designed to enhance their professional capabilities [2][3]. - The "Bo Xue Da Kao" has been a key initiative since its inception in 2011, reinforcing the idea that ongoing education is essential for achieving service excellence in the real estate industry [3]. Group 2: True Guarantee System - The "True Guarantee" system addresses critical pain points in property transactions, focusing on five key areas: real listings, payment security, commission refunds, privacy protection, and quality compensation, with specific commitments such as "real listings or a compensation of 100 yuan" and "commission refunds without reason if the transaction fails" [4][5]. - This system has been implemented nationwide, with collaboration from 12 new brokerage brands in Dongguan, providing comprehensive service assurance to consumers [4]. Group 3: One-Stop Service and Market Adaptation - Beike has introduced the "Beautiful Home" one-stop accelerated selling service, which enhances property visibility and reduces the average transaction time from 225 days to 32.6 days, demonstrating a significant improvement in the selling process [6]. - The company's commitment to quality service is reflected in its promise to ensure a seamless experience for homebuyers from selection to move-in, aligning with its core philosophy of making homes better [6].