Core Viewpoint - MSCI announced the inclusion of Lianyi Rong Technology-W (09959) in the MSCI Global Small Cap Index, effective after the market close on November 24, 2025, which is expected to enhance the company's visibility among global institutional investors and improve stock liquidity and market valuation [1] Group 1 - The inclusion in the MSCI Global Small Cap Index signifies a recognition of the company's past performance and stable operations [1] - This move is anticipated to attract a broader range of international investors, thereby increasing the company's market presence [1] - The decision reflects positive expectations regarding the company's future growth logic and industry prospects [1]

Core Viewpoint - MSCI announced the inclusion of Lianyi Rong Technology-W (09959) in the MSCI Global Small Cap Index, effective after the market close on November 24, 2025, which is expected to enhance the company's visibility among global institutional investors and improve stock liquidity and market valuation [1] Company Summary - The inclusion in the MSCI Global Small Cap Index signifies a recognition of Lianyi Rong's past performance and stable operations, as well as positive expectations for its future growth and market potential [1]

智通财经APP讯，联易融科技-W(09959)公布，2025年11月6日耗资约747.45万港元回购238万股股份。 ...

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： 聯易融科技集團（於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年11月6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 B | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 09959 | | 說明 普通股 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | ...

Core Viewpoint - The company, Lianyi Rong Technology-W, has been actively repurchasing its shares on the Hong Kong Stock Exchange, indicating a strategy to support its stock price amidst a declining market trend [1]. Share Buyback Summary - On November 5, the company repurchased 2.42 million shares at a price range of HKD 2.960 to HKD 3.160, totaling HKD 7.4481 million [1]. - The stock closed at HKD 3.120 on the same day, reflecting a decrease of 1.89% with a total trading volume of HKD 27.5907 million [1]. - Since September 11, the company has conducted buybacks for 37 consecutive days, acquiring a total of 78.6745 million shares for a cumulative amount of HKD 255 million [1]. - During this period, the stock has seen a total decline of 2.19% [1]. - Year-to-date, the company has executed 45 buybacks, totaling 90.4925 million shares and an aggregate buyback amount of HKD 285 million [1]. Detailed Buyback Data - The buyback details include various dates, number of shares repurchased, highest and lowest prices, and total amounts spent, showcasing a consistent effort to stabilize the stock price [2].

联易融科技-W(09959)发布公告，该公司于2025年11月5日斥资744.81万港元回购242万股股份，每股回 购价格为2.96-3.16港元。 ...

智通财经APP讯，联易融科技-W(09959)发布公告，该公司于2025年11月5日斥资744.81万港元回购242万 股股份，每股回购价格为2.96-3.16港元。 ...

格隆汇11月5日丨联易融科技-W(09959.HK)发布公告，2025年11月5日耗资744.81万港元回购242万股， 回购价格每股2.96-3.16港元。 ...

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： 聯易融科技集團（於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年11月5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 B | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 09959 | 說明 普通股 | | | | | | | 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 | | | ...

Core Viewpoint - CICC maintains the profit forecast for Lianyi Rong Technology-W (09959) for 2025 and 2026, adjusting the target price upward by 77% to HKD 3.6, reflecting a strategic breakthrough and business structure optimization [1] Company Status - As of Q3 2025, the number of core enterprise/financial institution partners increased by 30% and 7% year-to-date to 2,798 and 405 respectively, while the number of revenue-generating clients rose by 40% and 4% to 1,346 and 152 respectively, with a customer retention rate up by 3 percentage points to 99% [2] - The total asset processing scale for the first three quarters of 2025 increased by 28% year-on-year to CNY 336.2 billion, with Q3 2025 transaction volume up by 30% year-on-year and 28% quarter-on-quarter to CNY 132.6 billion, marking a record high for the first three quarters [2] Business Growth - Direct financing business transaction volume for the first three quarters of 2025 increased by 44% year-on-year to CNY 252.3 billion, with Q3 2025 transaction volume up by 54% year-on-year and 17% quarter-on-quarter, driven by the focus on key industries and innovative financial solutions [3] - Asset securitization business transaction volume for the first three quarters of 2025 was CNY 77 billion, with Q3 2025 showing a 77% quarter-on-quarter increase to CNY 37.5 billion, benefiting from deepening penetration in the infrastructure sector [3] - Cross-border cloud transaction volume for the first three quarters of 2025 was CNY 6.8 billion, with the company undergoing a rebranding of its international business in early October, which is expected to provide long-term growth momentum [3] Strategic Developments - The company successfully won a bid for a large central enterprise's Web 3.0-based supply chain finance platform project in Q3 2025, indicating potential breakthroughs in the Web 3.0 trade finance sector [4] - The company is steadily advancing its share repurchase plan, reflecting a commitment to shareholder returns and management's confidence in future development [4]