Core Insights - The 2025 Jingdezhen Prize was awarded to Chinese artists Bao Wei and Hu Jiahui for their work "From Calanchi to Kaoling," which combines Italian red clay with Jingdezhen kaolinite to explore material and cultural dialogue [1][4]. Event Overview - The Jingdezhen Prize focuses on contemporary ceramic art and international exchange, initiated by the World Crafts Council, the International Academy of Ceramics, and the Jingdezhen Creative Design Center [4]. - The event featured five main award categories, each emphasizing different aspects of ceramic art, including material experimentation, interdisciplinary dialogue, and preservation of traditional techniques [5]. Award Categories - The Jingdezhen Prize emphasizes the integration of material experimentation and cultural expression [5]. - The Interdisciplinary Experiment Award encourages innovation through the combination of craftsmanship with technology and humanities [5]. - The Emerging Creative Award targets artists under 35, promoting potential in material and conceptual innovation [5]. - The Creative Design Award is divided into cultural and industrial design streams, focusing on traditional symbols and functional innovation [5]. - The Tradition & Innovation Award recognizes efforts in preserving endangered techniques and promoting global ceramic culture [5]. Participation and Evaluation - Since its launch in May 2025, the Jingdezhen Prize has attracted submissions from 55 countries, with a total of 1,325 entries [7]. - The judging process involved a dual-track evaluation system with international jury assessment and professional nominations, conducted anonymously based on artistic value, innovation, and cultural significance [7]. - The evaluation included three rounds: preliminary, re-evaluation, and final, resulting in 41 shortlisted works and nine winners [7].

Core Viewpoint - Euronext has successfully completed a tender offer for its outstanding €600 million 0.125% Bonds due 2026, with €214.515 million accepted for purchase, leaving €385.485 million outstanding after settlement [3][4]. Offer Details - The tender offer was launched on 17 November 2025, inviting holders of the bonds to tender their securities for cash [1][2]. - The expiration deadline for the offer was set at 5:00 p.m. CET on 24 November 2025 [3]. Results of the Offer - A total of €214,515,000 in aggregate principal amount of the Bonds was validly tendered for purchase [3]. - The New Issue Condition was satisfied, and all validly tendered Bonds were accepted for purchase, with a final acceptance amount of €214,515,000 [4]. Settlement Information - The expected settlement date for the offer is 27 November 2025 [4]. - Following the settlement, €385,485,000 in aggregate principal amount of the Bonds will remain outstanding [4]. Future Acquisitions - Euronext may acquire additional Bonds in the future through various means, including open market purchases and privately negotiated transactions [5]. Company Overview - Euronext operates as a leading European capital market infrastructure, providing a range of services including trading, clearing, and settlement across multiple countries [9][10]. - As of September 2025, Euronext's regulated exchanges host over 1,700 listed issuers with a market capitalization of €6.5 trillion [10].

Core Viewpoint - Ramsay Health Care Limited has completed a strategic review regarding its majority shareholding in Ramsay Générale de Santé, with plans to execute one of the options considered and provide an update by February 2026 [1][2][3]. Group 1: Strategic Review - Ramsay Health Care Limited announced the completion of its strategic review with the assistance of Goldman Sachs [2]. - The Board and Management of Ramsay Health Care Limited are committed to executing one of the options from the strategic review [3]. - An update on the strategic options will be provided no later than the first half results publication in February 2026 [3]. Group 2: Company Overview - Ramsay Santé is the European leader in private hospitalization and primary care, employing 40,000 staff and 10,000 practitioners [4]. - The group serves 13 million patients annually across 492 facilities in five countries: France, Sweden, Norway, Denmark, and Italy [4]. - Ramsay Santé's mission encompasses a wide range of healthcare services, including medicine, surgery, obstetrics, rehabilitation, mental health, and primary care, focusing on innovation and equitable access to quality care [5].

Core Insights - Huayan Robotics will showcase its latest innovations at the International Robot Exhibition (iREX) 2025, focusing on human-robot collaboration to address global manufacturing challenges and societal issues [1][6] Product Highlights - The S50 Heavy Payload Robot will be introduced, featuring a 50 kg payload, 2,000 mm reach, and palletizing speeds of up to 13 cycles/min, aimed at logistics, warehousing, and food & beverage sectors [3] - The Elfin High-Speed Cobot will also be launched, offering 1.5 times faster motion for applications like sorting and loading, enhancing agility and operational consistency [3] - An intelligent automated welding solution based on the E10-Pro cobot will be presented, featuring drag-teaching, real-time seam tracking, and automatic deviation correction for various industries [4] - A high-precision vision inspection system, co-developed with KEYENCE, will be showcased, capable of capturing multi-dimensional data in 0.2 seconds for quality control [5] Company Commitment - CEO Guangneng Wang will engage with global experts at iREX 2025, emphasizing the company's commitment to international collaboration and the development of a smarter manufacturing ecosystem [6] - Huayan Robotics is trusted by partners in over 40 countries, focusing on cobot solutions that enhance efficiency, flexibility, and streamline operations for global manufacturers [8]

Core Viewpoint - Wendel has entered into exclusive negotiations to acquire a controlling stake in Committed Advisors, with the founding partners reinvesting their net proceeds into Committed Advisors funds as part of the transaction [1]. Group 1: Acquisition Details - The agreement to acquire Committed Advisors was signed on November 24, 2025, and the transaction is expected to be completed in Q1 2026, pending regulatory approvals [2]. Group 2: Company Overview - Wendel SE is one of the leading publicly traded investment companies in Europe, investing in sector-leading companies such as ACAMS, Bureau Veritas, and IHS Towers. As of September 30, 2025, the group manages €40 billion for third-party investors and approximately €5.3 billion for its own account [3]. - In 2023, Wendel announced plans to develop a private asset management platform in addition to its proprietary investment activities, having completed acquisitions of 51% of IK Partners in May 2024 and 72% of Monroe Capital in March 2025 [3].

Core Viewpoint - Elis has disclosed the purchase of its own shares from November 18 to November 21, 2025, as part of its share buyback program authorized by the General Shareholders' Meeting on May 22, 2025 [2]. Summary by Relevant Sections Share Buyback Details - The total number of shares acquired during the buyback period is 115,721 shares, with a weighted average price of €24.2660 [2]. - The purchases were made across various platforms, including CEUX, XPAR, AQEU, and TQEX, on different dates within the specified period [2]. Purpose of Share Buybacks - The primary purposes of the share buyback operations are to cover maturing performance share plans and to allocate free shares to employees as part of the "Elis for All 2025" international employee shareholding plan [2]. - Additionally, the shares are intended to be cancelled in accordance with the resolution passed at the Combined General Meeting on May 22, 2025 [2].

Core Insights - STMicroelectronics has launched the ST25DA-C secure NFC chip, which simplifies the integration of smart-home devices by enabling users to add devices to their home network with a single tap of their phone, leveraging the Matter smart-home standard [1][4][5] Group 1: Product Features - The ST25DA-C chip supports the Matter 1.5 specification, enhancing user experience with quick and easy NFC onboarding for multiple devices, similar to mobile payment processes [2][4] - The chip allows for energy harvesting from the RF field, enabling the addition of unpowered devices to the smart home network and facilitating the installation of multiple accessories simultaneously [7] - It incorporates strong security features, including device authentication and secure storage for cryptographic keys, based on Common Criteria-certified hardware [8] Group 2: Market Context - The Matter standard is crucial for the smart-home industry, promoting seamless communication across devices and simplifying technology for non-expert consumers, which may accelerate the adoption of connected devices [5] - The introduction of the ST25DA-C chip aligns with the growing consumer demand for ease of use, interoperability, and security in smart home solutions [4] Group 3: Availability and Future Plans - The ST25DA-C chip is currently available for evaluation and sampling, with mass production expected to begin in 2026 [9]

Core Points - Sampo plc announced a share buyback program of up to EUR 150 million, which commenced on 6 November 2025 [1] - On 24 November 2025, Sampo plc acquired a total of 205,007 A shares at an average price of EUR 10.04 [1] - Following the transactions, Sampo plc holds a total of 3,085,996 A shares, representing 0.12% of the total shares outstanding [2] Summary by Category Share Buyback Program - The share buyback program is in compliance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [1] - The program was authorized by Sampo's Annual General Meeting on 23 April 2025 [1] Transaction Details - The daily buyback volume on 24 November 2025 included: - 8,735 shares at EUR 10.02 on AQEU - 96,270 shares at EUR 10.04 on CEUX - 24,999 shares at EUR 10.04 on TQEX - 75,003 shares at EUR 10.03 on XHEL [1] Ownership Post-Transaction - After the buybacks, Sampo plc's total ownership of A shares increased to 3,085,996, which is 0.12% of the total shares [2]

Company Overview - Mowi ASA is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from seven countries [2][3] - The company is headquartered in Bergen, Norway, employs 12,300 people across 26 countries, and is listed on the Oslo Stock Exchange [3] - Mowi reported a turnover of EUR 5.6 billion in 2024 [3] Sustainability and Market Position - Mowi is recognized as the most sustainable listed animal protein producer globally, according to Coller FAIRR [3] - The company operates under its own MOWI brand, providing high-quality salmon and other seafood to consumers worldwide [3] Financial Activities - Mowi has mandated several banks to arrange a series of fixed income investor meetings, indicating potential future NOK-denominated senior unsecured green bond issues, swapped to EUR, with a minimum tenor of 5 years [1][2] - The issuance of these bonds is subject to market conditions [2]

Core Insights - The company reported stable sales growth and improvements in gross margin despite a volatile market environment [1][3] - Total sales for Q3 2025 increased by 4% year-on-year to DKK 289 million, with organic growth of 3% [1][9] - The company is narrowing its full-year 2025 guidance for revenue and adjusted EBIT [6] Sales Performance - Order intake showed high single-digit growth in the core business and double-digit growth in the B2C segment [2] - B2B project orders declined slightly, while orders from builders of turnkey residential houses exhibited a strong positive trend [2] Financial Metrics - Gross margin increased to 21.4% in Q3 2025, up from 20.3% in Q3 2024, driven by higher average selling prices and efficiency gains [3] - Adjusted EBIT remained broadly unchanged at DKK 16.6 million, with an adjusted EBIT margin of 5.8% [4][9] - Free cash flow decreased to DKK 4 million from DKK 6 million in the same period last year, primarily due to adverse working capital developments [5][9] Guidance and Future Outlook - The company expects full-year revenue in the range of DKK 1,260–1,280 million and adjusted EBIT in the range of DKK 93–100 million [6][15] - TCM Group will take full ownership of Celebert on November 25, 2025, which is expected to have an insignificant effect on 2025 figures [7]