从设计理念来看，大麦麦宝不仅巧妙融合大麦娱乐的核心业务场景，同时让艺术审美与品牌主张无缝衔接。以植物大麦为灵感来源，大麦麦宝的发型形似一 颗饱满的麦粒，既蕴含植物蓬勃的生命力，又直观呼应大麦娱乐品牌名称；佩戴的围巾则是一个可灵活变形的票根，抢票成功后可变身票夹并提醒用户开场 时间，成为用户的观影、观演"好搭子"；红色靴子不仅在视觉上活力吸睛，更蕴藏"一路长红"的美好寓意。 大麦娱乐表示，希望大麦麦宝能够符合当下年轻用户对潮流审美与好运寓意的双重追求。未来，大麦麦宝将栖息在演唱会的荧光海、电影院的投影光束中， 贯穿大麦娱乐业务全场景，陪伴用户现场式、沉浸式、互动式体验"现实娱乐"的快乐氛围。 今天，大麦麦宝以元气大笑的形象亮相。夸张的嘴角、灵动的眼神使其表情兼具萌感与张力，这不仅是快乐情绪的视觉浓缩，更是大麦娱乐"创造高品质现 实娱乐体验，让每个人都快乐"愿景的生动诠释。 大麦娱乐是具有科技基因的现实娱乐公司，业务涵盖电影、演唱会、话剧音乐剧、IP商业衍生、演艺旅游、体育赛事、剧集、艺人经纪、票务平台等多元生 态。全新吉祥物大麦麦宝由人类对现实娱乐的热爱能量凝聚而生，是一位充满活力的快乐宝宝。 9月8日，阿里巴 ...

Group 1 - The core viewpoint of the article highlights that Zhudi Holdings (01413) experienced a significant stock price increase, rising over 30% at one point and closing up 26.58% at HKD 0.1, with a trading volume of HKD 6.5205 million [1] - On September 8, Zhudi Holdings announced plans to establish joint ventures on November 22, 2024, and December 13, 2024, to diversify its investment portfolio and capture emerging opportunities in the digital asset sector [1] - The company's board has approved a strategic investment framework, allowing the group to invest up to HKD 4.5 million of its own capital in cryptocurrency through its indirect non-wholly owned subsidiary, Tiankun Digital Limited [1] Group 2 - The investment strategy will employ a mature, Delta-neutral quantitative approach, focusing on capital preservation and robust risk-adjusted returns [1] - The primary objective is to achieve uncorrelated alpha returns and diversify the company's investments, leveraging the expertise of a professional team and a solid multi-layer risk management framework [1] - This strategic investment will solely involve the group's self-funded investments and will not constitute regulated third-party asset management services, thereby avoiding licensing costs and regulatory complexities [1]

Core Viewpoint - Yingxing Holdings (01440) has announced a strategic partnership to diversify its intellectual property business through participation in a well-known Japanese anime exhibition, which is expected to take place in China between September 2025 and January 2026 [1] Company Developments - The company’s wholly-owned subsidiary has entered into an agreement with a registered entity in China to become a strategic participant in the upcoming anime exhibition [1] - The subsidiary will provide financial support for the exhibition, while the partner entity will manage the logistics and provide access to the intellectual property [1] - The partnership aims to create a platform that attracts a wide range of anime enthusiasts [1] Financial Implications - The subsidiary and the partner entity will share the revenue generated from the exhibition [1] - The board believes this partnership offers valuable opportunities to establish strategic collaborations with globally recognized intellectual properties and brands [1] - The expected diversification of the intellectual property business may enhance the company's revenue streams and potentially provide additional returns for the company and its shareholders [1]

Core Viewpoint - Fuhong Hanlin's stock price surged over 8%, reaching a historical high of 89 HKD, and currently stands at 85.55 HKD with a trading volume of 99.13 million HKD, following the announcement of the first prescription for its innovative small molecule CDK4/6 inhibitor, Fuzhoning [1] Group 1 - Fuhong Hanlin announced that its small molecule CDK4/6 inhibitor, Fuzhoning (Citrus Acid Vovisil Capsules), has received its first prescription from over ten hospitals across China, including Fudan University Shanghai Cancer Center and Zhejiang University School of Medicine First Affiliated Hospital [1] - Fuzhoning, in combination with Fulvestrant, is indicated for hormone receptor-positive (HR+) and human epidermal growth factor receptor 2-negative (HER2-) recurrent or metastatic breast cancer patients who have experienced disease progression after prior endocrine therapy [1] - The drug is owned by Jinjou Aohong Pharmaceutical, a subsidiary of Fosun Pharma, while Fuhong Hanlin is responsible for its commercialization in China [1]

责任编辑：栎树 药捷安康-B（02617）早盘涨超10%，盘中高见78港元，刷新上市新高。截至发稿，涨10.54%，报69.75 港元，成交额5433.80万港元。 上交所、深交所发布公告，药捷安康被调入港股通标的名单，自9月8日起生效。此外，药捷安康近日宣 布，公司核心产品替恩戈替尼（Tinengotinib， TT-00420）分别联用康方生科技（开曼）有限公司开坦 尼®（卡度尼利，PD-1/CTLA-4）╱依达方®（依沃西，PD-1/VEGF）的治疗晚期肝细胞癌 （hepatocellular carcinoma， HCC）的开放性、多中心II期临床研究，于近日完成首例患者给药。 ...

Core Viewpoint - China Everbright Greentech (01257) saw a significant stock increase of over 10%, closing at HKD 1.07 with a trading volume of HKD 6.1633 million, following the announcement of receiving additional subsidy funds from the State Grid Corporation of China totaling approximately RMB 2.064 billion [1] Group 1 - The company announced that from July 1, 2025, to August 31, 2025, its 33 subsidiaries involved in biomass utilization, photovoltaic power generation, and wind power projects have received a notification regarding the settlement of additional subsidy funds [1] - The recovery of these additional subsidy funds is expected to improve the company's cash flow, reduce liabilities, and positively impact the operations of its biomass utilization, photovoltaic power generation, and wind power projects [1] - The additional subsidy funds have been recognized as revenue in the corresponding fiscal year upon electricity sales [1] Group 2 - CICC noted that the company has established cogeneration as its primary development direction after the expiration of subsidies [1] - As of the end of the first half of 2025, the company's heating supply capacity reached 2.18 million tons per year, with an expected increase to 2.5 million tons by the end of 2025 [1] - The company is actively expanding its virtual power plant and zero-carbon park initiatives, with 136 signed manufacturers for the virtual power plant [1] - Given the company's heating business has achieved scalable profit contributions, there is optimism regarding the recovery of profitability in biomass power generation for the year [1]

Core Viewpoint - China Everbright Greentech (01257) saw a stock price increase of over 10%, reaching HKD 1.07, with a trading volume of HKD 6.1633 million, following the announcement of receiving additional subsidy funds from the State Grid Corporation of China totaling approximately RMB 2.064 billion [1][1][1] Group 1 - The company announced that from July 1, 2025, to August 31, 2025, its 33 subsidiaries involved in biomass utilization, photovoltaic power generation, and wind power projects have received a total of approximately RMB 2.064 billion in additional subsidy funds [1][1][1] - The recovery of these additional subsidy funds is expected to improve the company's cash flow, reduce liabilities, and positively impact the operations of its biomass utilization, photovoltaic power generation, and wind power projects [1][1][1] - The additional subsidy funds have been recognized as revenue in the corresponding fiscal year upon electricity sales [1][1][1] Group 2 - The company has established cogeneration as its primary development direction after the expiration of subsidies, with a heating supply scale reaching 2.18 million tons per year as of the end of the first half of 2025, and is expected to reach 2.5 million tons by the end of 2025 [1][1][1] - The company is actively expanding into virtual power plants and zero-carbon parks, with 136 signed manufacturers for virtual power plants [1][1][1] - Given that the company's heating business has achieved scalable profit contributions, there is optimism regarding the recovery of profitability in biomass power generation for the year [1][1][1]

Group 1 - Company announced the conditional agreement to sell 16% equity stake in S2C Shanghai for RMB 211,665,760, constituting a major transaction that requires compliance with listing rules [2] - The sale aims to provide strategic guidance and industry expertise to S2C Shanghai, facilitating the discovery of new business opportunities and strategic partnerships [2] - The net proceeds from the equity transfer, estimated at approximately USD 26.6 million, will be used for general working capital and to enhance the group's cash flow for further development [2] Group 2 - Company is a leading manufacturer of conditional access cards, providing advanced security products to pay-TV operators across 46 countries, holding a significant market share [3] - Company focuses on self-designed security chips to meet the growing security and functionality demands of pay-TV operators [3] - Company is involved in the research and production of third-generation semiconductor products to satisfy market needs for high-performance semiconductor solutions [3]

Group 1 - The core viewpoint of the article highlights that Jinyang New Energy (01121) experienced a nearly 10% increase in early trading, currently up 8% at HKD 1.89, with a transaction volume of HKD 977,100 [1] - Changjiang Securities released a report indicating that this year's photovoltaic equipment orders are still constrained by the slowdown in industry expansion trends, but the proactive expansion by leading BC manufacturers and the relatively high value of single GW will provide order resilience [1] - It is expected that BC expansion will reach 50-60 GW this year, with a focus on the application of TOPCon+ technology and the demand for BC expansion [1] Group 2 - In September 2024, Jinyang New Energy established a joint venture with Junshi Energy and Longi Green Energy (601012) to upgrade four PERC production lines at Longi's Xi'an aerospace industrial base to HBC production lines [1] - Additionally, in April 2025, Jinyang New Energy announced a joint venture with Fujian Jinshi (Junshi Energy) and Yiwu Jinko to upgrade 4 GW of PERC capacity to HBC capacity, with Jinyang New Energy providing the HBC battery patent technology usage rights for the joint venture [1]

Core Insights - AAC Technologies (瑞声科技) reported a record revenue of RMB 13.32 billion for the first half of 2025, representing an 18.4% year-on-year growth [1] - The automotive acoustics segment generated RMB 1.74 billion in revenue, with a year-on-year increase of 14.2% and a gross margin of 23.9% [1] Group 1: Automotive Business Expansion - The company is extending its system integration capabilities from the mobile phone sector to the automotive industry, aiming to establish automotive acoustics as a significant growth driver [3] - Following the acquisition of PSS in 2024, AAC Technologies announced the acquisition of Hebei Chuguang Automotive Parts Co., which specializes in smart microphones and sensors, achieving over 55% market share in the domestic market and over 26% globally [3] - The automotive acoustics business now accounts for over 13% of the company's total revenue, with plans to expand from components to brand system products [3] Group 2: Strategic Partnerships and Product Development - AAC Technologies is collaborating with various automotive brands, including Zeekr and Xiaomi, to develop high-end in-car audio systems [1][3] - The company will showcase its full-stack automotive acoustic systems and other technologies at the upcoming Munich Auto Show, highlighting its commitment to innovation in the automotive sector [3] - Management indicated that through acquisitions, the company has quickly integrated into leading OEMs in Europe and China, becoming a Tier 1 supplier with stable revenue and gross margin growth [3]