Core Viewpoint - Tokyo Central Auction (01939) has seen a significant increase in stock price, rising nearly 6% towards the end of trading, with a current price of 8.62 HKD and a trading volume of 15.49 million HKD [1] Company Developments - The company announced a change in its Chinese stock name from "Tokyo Central Auction" to "Shangshan Gold," effective from 9 AM on August 26 [1] - Tokyo Central Auction has established a wholly-owned subsidiary, Shangshan Technology, which aims to globalize its gold smart terminal business and expand its gold-related operations [1] Ownership Changes - In May, ESSA FINANCIAL, controlled by Huang Shikun, acquired Tokyo Central Auction, completing the takeover on June 20, resulting in ESSA holding a 66.83% stake and Huang Shikun becoming the actual controller of the company [1] Business Model Innovation - In 2024, based on the mature smart recycling and purchasing terminals, the company plans to launch an innovative "Smart Gold Store" business model [1] - By June 2025, the "Smart Gold Store" is expected to cover nearly 100 core cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Xi'an, and Changchun, with over 30 high-end commercial systems [1]
港股异动 | 东京中央拍卖(01939)尾盘涨近6% 公司将更名为上善黄金 成立附属开展黄金及智能设备相关业务