Core Viewpoint - The company anticipates a significant increase in net profit for the fiscal year ending December 31, 2025, projecting a rise of over 165% compared to the same period in 2024, with net profit expected to exceed HKD 4.32 billion [1] Group 1: Financial Performance - The expected substantial increase in net profit is primarily attributed to growth in the investment business segment and the copper-clad laminate segment [1] - The demand for copper-clad laminates and its upstream materials, including fiberglass yarn, fiberglass cloth, and copper foil, remains strong, contributing to the overall profit increase [1] Group 2: Market Demand - There is a notable increase in the unit prices of copper-clad laminates and their upstream materials, alongside a growth in sales volume compared to the same period in 2024 [1] - The current market demand for these products is sustained and robust, indicating a positive outlook for the company's performance [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 KINGBOARD HOLDINGS LIMITED 建滔集團有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：148） 盈利預喜 本公告乃建滔集團有限公司（「建 滔」，連 同 其 附 屬 公 司 統 稱「本集團」）根據香港 聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及證券及期貨條例 （香 港 法 例 第571章）第XIVA部 內 幕 消 息 條 文 而 作 出。 建滔董事會（「建滔董事會」）謹 此 知 會 建 滔 股 東 及 潛 在 投 資 者，按 照 本 集 團 截 至 二零二五年十二月三十一日止年度未經審核管理賬目之初步評估以及建滔董 事 會 現 時 可 得 的 資 料，本 集 團 預 計 截 至 二 零 二 五 年 十 二 月 三 十 一 日 止 年 度 錄 得的純利較二零二四年同期上 ...

Group 1 - The stock prices of the Kintao Group and Kintao Laminated Board have increased significantly in early trading, with Kintao Laminated Board (01888) rising by 10.99% to HKD 18.69 and Kintao Group (00148) increasing by 4.16% to HKD 35.04 [1]

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: 2026年1月31日 狀態: 新提交 | 2. 股份分類 | 優先股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 100 | HKD | | HKD | | 77,300,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 100 | HKD | | HKD | | 77,300,000 | 本月底法定/註冊股本總額： HKD 277,300,000 公司名稱: 建滔集團有限公司 呈交日期: 2026年2月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1 ...

Group 1 - FMR LLC reduced its stake in Kwan Tong Group (00148) by 4.6335 million shares at a price of HKD 31.2782 per share, totaling approximately HKD 145 million [1][3] - After the reduction, FMR LLC's remaining shareholding is approximately 87.3961 million shares, representing a new ownership percentage of 7.89% [1][3]

Group 1 - FMR LLC reduced its stake in Kintor Pharmaceutical (00148.HK) by selling 4.6335 million shares at an average price of HKD 31.2782 per share, amounting to approximately HKD 145 million [1] - Following the sale, FMR LLC's total shareholding decreased to 87.39614 million shares, representing a reduction in ownership from 8.30% to 7.89% [1]

Core Viewpoint - FMR LLC has reduced its stake in Kwan Tong Group (00148) by selling 4.6335 million shares at a price of HKD 31.2782 per share, totaling approximately HKD 145 million, resulting in a new holding of about 87.3961 million shares, representing 7.89% of the company [1] Summary by Category - **Share Reduction**: FMR LLC sold 4.6335 million shares of Kwan Tong Group [1] - **Transaction Details**: The shares were sold at a price of HKD 31.2782 each, amounting to a total of approximately HKD 145 million [1] - **Post-Transaction Holdings**: After the sale, FMR LLC's remaining shares in Kwan Tong Group are approximately 87.3961 million, with a holding percentage of 7.89% [1]

Group 1 - FMR LLC reduced its stake in Kwan Hung Holdings (00148) by 4.6335 million shares at a price of HKD 31.2782 per share, totaling approximately HKD 145 million [1] - After the reduction, FMR LLC's remaining shareholding is approximately 87.3961 million shares, representing a holding percentage of 7.89% [1]

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12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 建滔集團有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00148 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 2. 股份分類 | ...

Core Viewpoint - The article highlights the significant growth potential in the AI server market, particularly driven by Nvidia's upcoming product releases and the increasing capital expenditures from major AI and internet companies, which will benefit PCB suppliers like 建滔集团 [2][5]. Group 1: Company Performance - 建滔集团's stock price increased by nearly 5% during the trading session, closing up 3.60% at HKD 27.66, with a trading volume of HKD 63.35 million [2][5]. Group 2: Market Predictions - Market forecasts indicate that Nvidia's GB300 AI server cabinet shipments are expected to reach 55,000 units next year, representing a year-on-year growth of 129% [2][5]. - The next-generation Vera Rubin 200 platform is anticipated to start shipping in the fourth quarter of next year [2][5]. Group 3: Technological Advancements - The Vera Rubin super chip, showcased by Nvidia's CEO Jensen Huang at the GTC conference, features a CPU codenamed Vera and two large Rubin GPUs [2][5]. - The RubinUltra NVL576 will utilize the Kyber architecture, incorporating orthogonal backplane technology, which replaces copper cables with multi-layer PCB boards for direct connections in Switchtray, Midplane, and CX9/CPX [2][5]. Group 4: Industry Insights - 湘财证券 suggests that the substantial capital expenditure plans from AI and internet giants will drive the continuous expansion of computing power clusters [2][5]. - The transition from copper cables to PCBs and the upgrade of PCB materials in the new server architecture will significantly enhance the value of PCBs per server [2][5]. - 建滔集团 is recognized as a leading supplier in the domestic PCB sector, leveraging a vertically integrated supply chain from chemical raw materials to copper-clad laminates and PCBs, covering all categories including single, double, multi-layer, and HDI [2][5].