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： 偉仕佳杰控股有限公司 呈交日期： 2025年9月2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 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00856 | 說明 | | | | | | 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 | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 ...

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8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: 偉仕佳杰控股有限公司 呈交日期: 2025年9月1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) | 00856 | 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 | 本月底法定/註冊股本 ...

Group 1: Automotive Industry Insights - The automotive industry is experiencing a significant shift towards intelligent driving technologies, with companies like HUAWEI and Horizon leading the way in advanced driver assistance systems [13][14]. - The penetration rate of L2 and above autonomous driving features in passenger vehicles reached 29.7% as of June 2025, reflecting a year-on-year increase of 13 percentage points [14]. - Investment recommendations include companies such as Xpeng Motors, Leap Motor, and Geely for complete vehicles, and suppliers like Suoteng Technology and Hesai Technology for components [15]. Group 2: Pharmaceutical Sector Developments - The pharmaceutical sector showed weaker performance compared to the overall market, with the biopharmaceutical segment rising only 1.05% [16]. - The World Lung Cancer Conference (WCLC) in September 2025 will showcase innovative research from Chinese pharmaceutical companies, highlighting the growing competitiveness of domestic products [16][17]. - Investment focus is recommended on companies presenting at major conferences like ESMO and WCLC, particularly those with promising clinical data [17]. Group 3: Mining and Metals Performance - Luoyang Molybdenum's net profit for H1 2025 increased by 60% to CNY 8.67 billion, driven by rising copper and cobalt prices alongside increased production [18][19]. - Zijin Mining reported a 54.41% year-on-year increase in net profit for H1 2025, attributed to a significant rise in gold production and prices [22][23]. - Cloud Aluminum's net profit for H1 2025 grew by 10%, with a strong performance in aluminum production and a proposed cash dividend of CNY 3.2 per share [20][21]. Group 4: Real Estate and Property Management - Poly Property's revenue for H1 2025 reached CNY 8.4 billion, with a net profit increase of 5%, indicating steady growth in property management services [31][32]. - Greentown China reported a significant decline in net profit by 89.7% for H1 2025, primarily due to uneven revenue recognition and asset impairment provisions [33][34]. - The company maintained a strong sales performance, with total sales area down only 10% compared to the industry average, reflecting resilience in a challenging market [34].

Group 1 - The company reported a significant increase in both revenue and profit, with main revenue reaching 45.574 billion yuan, a year-on-year increase of 13.6%, and net profit attributable to shareholders at 610 million yuan, up 34.67% year-on-year [1] - The growth in revenue and profit is attributed to the increasing proportion of high-margin cloud service management and AI computing services, along with efforts in cost control and operational efficiency [1] - The cloud computing sector emerged as a major growth driver, with revenue from this segment reaching 2.62 billion yuan, a remarkable year-on-year growth of 67.88%, supported by deepening collaborations with major cloud providers [1] Group 2 - The Southeast Asian market showed exceptional performance, with revenue growing by 22.5% to 16.7 billion yuan, accounting for 37% of total revenue, making it a core growth engine [1] - The company has established itself as a key partner for the "Starlink" network in Asia, exclusively representing its HPI TKDN products in Malaysia and Indonesia, further expanding its business boundaries [1] - The company is intensifying its focus on AI and cloud computing, managing 25 new-generation integrated intelligent computing centers domestically and planning to launch more AI computing scheduling and management solutions [2] Group 3 - The company is collaborating with leading cloud vendors to explore commercial scenarios in AI large model training and edge computing, leveraging a network of 50,000 channel partners to enhance channel value [2] - The company maintains its profit forecast, expecting net profits attributable to shareholders to be 1.171 billion yuan, 1.349 billion yuan, and 1.535 billion yuan for 2025-2027, corresponding to current P/E ratios of 8.0, 6.9, and 6.1 times [2] - The company continues to expand rapidly in the Southeast Asian market, maintaining an "outperform the market" rating [2]

Group 1 - ApexPay announced the completion of a multi-million dollar Series A financing in August 2025, with participation from Wistron NeWeb Corporation, marking a significant move in the fintech sector [1] - The global cross-border payment market faces efficiency and cost challenges, with traditional systems taking over 3 days for settlement and fees ranging from 1% to 3%, while crypto solutions offer 24/7 real-time settlement and lower fees [2] - Wistron Neweb's investment in ApexPay aligns with its "technology + industry" strategy, aiming to penetrate the high-growth fintech sector and create new growth avenues [3] Group 2 - Wistron Neweb's diversified growth strategy is showing results, with a 13.6% year-on-year revenue increase in the first half of 2025, and technology services now accounting for over 62% of total revenue [4][5] - The collaboration with ApexPay fills a gap in Wistron Neweb's enterprise financial services, enhancing its service offerings and revenue streams [5] - Wistron Neweb plans to explore new business models, including partnerships for developing new payment solutions, which aligns with ApexPay's business strategy [5] Group 3 - ApexPay's funding will be allocated to stablecoin project development, team building in emerging markets, and platform integration, aligning with Wistron Neweb's global strategy [6][7] - The global cross-border payment market exceeds $150 trillion, with digital asset penetration below 1%, primarily due to compliance and adaptability issues [7] - The partnership between Wistron Neweb and ApexPay is expected to accelerate the adoption of digital assets in traditional cross-border payment scenarios [7] Group 4 - Wistron Neweb's investment in ApexPay represents a strategic move into the fintech sector, with potential for dual returns from business growth and investment gains [8]

Core Insights - ApexPay Technologies Venture Limited has successfully completed a Series A funding round, raising several million USD, which reinforces its leading position in the integration of crypto assets and traditional finance [1] - The funding will support the company's efforts in building a compliant global financial infrastructure network and enhancing the integration of crypto assets with traditional cross-border payment scenarios [1] Company Developments - ApexPay has achieved significant progress in ecosystem collaboration and scenario implementation, providing customized solutions for clients in commodity trading, cross-border e-commerce, and foreign exchange platforms [2] - The company has a scalable business model that connects with the global banking system and virtual asset payment channels, holding multiple core licenses, making it a preferred partner for cross-border crypto payments and multi-currency settlements [1] Funding Utilization - 25% of the funds will be allocated to the development of a stablecoin project, including legal structure construction and initial project testing [3] - 20% will be used for global market and team expansion, focusing on emerging regions like Central Asia, Latin America, and Europe [3] - 20% will be invested in brand and ecosystem development to enhance industry influence and customer reach [3] - 35% will be directed towards technology and compliance upgrades, including the integration of various financial modules and strengthening compliance capabilities [3] Strategic Vision - The founder team emphasizes that this funding round will be crucial for accelerating the company's global expansion, focusing on cross-border transaction security and compliance capability upgrades [4] - Industry experts highlight ApexPay's unique competitive advantage in the cross-border crypto payment sector, driven by its differentiated positioning based on stablecoin OTC business and real trade backgrounds [4]

Core Insights - The establishment of the "Hong Kong Digital Asset Listed Companies Association" marks a significant step in promoting digital assets in Hong Kong, with participation from over 80 listed companies and financial institutions [1][2] - The Hong Kong government is committed to fostering innovation in financial technology, with over 1,100 fintech companies operating in the region and a 15% annual growth rate [1][2] Group 1: Government Initiatives - The Hong Kong government plans to regularize the issuance of green bonds and explore tokenization applications in various sectors, including renewable energy [2] - A funding program has been launched to support projects with commercial potential, offering up to HKD 500,000 for tokenization certification and commercialization [2] Group 2: Participating Companies - A list of participating companies includes notable H-shares such as Guofu Quantum, China New Economy Investment, and Huya Capital, among others [3] - A-share participants include Zhaoxin Co. and Jingbeifang, while US-listed companies include Galaxy Digital and Amber [4]

Market Performance - US stock indices experienced slight gains overnight, with most popular Chinese concept stocks also rising [1] - Hong Kong's three major indices opened higher, with the Hang Seng Index up 0.4%, the National Index up 0.36%, and the Hang Seng Tech Index up 0.55% [1] Sector Performance - Large technology stocks mostly showed positive performance, with Xiaomi, Kuaishou, and Tencent rising within 0.8% [1] - Apple’s iPhone 17 launch event led to a collective rise in Apple-related stocks, with Lens Technology surging nearly 8%, followed by AAC Technologies, Sunny Optical, and Weishi Jiajie [1] - Biopharmaceutical stocks became active again, with Junshi Biosciences rising nearly 6%, and WuXi Biologics, Tigermed, and BeiGene also seeing gains [1] - AI concept stocks experienced a significant uptick, with Fourth Paradigm rising 5%, Huilyang Technology nearly 4%, and China Software International and Kingdee International both up nearly 3% [1] - Conversely, wind power stocks, food and beverage stocks, and shipping stocks saw some declines, with Sea Harvest International and Goldwind Technology dropping over 2%, and Yum China down 1.5% [1] Notable Events - Jiangsu Jiekang-B (02617.HK) and Zhengli New Energy (03677.HK) were included in the Hang Seng Index series [1] - The dovish remarks from Powell triggered a surge in Hong Kong tech stocks, leading to a three-year high for the Hang Seng Tech Index [1] - The Hang Seng Tech Index ETF (159742) attracted significant capital inflow, raising 574 million yuan in the past 20 days, with leveraged funds pouring in [1] - ETFs related to government bonds, Hong Kong securities, 30-year national bonds, innovative AI, and the Hang Seng Tech Index have gained popularity [1]

Group 1: Market Overview - The Hong Kong stock market experienced a significant rally, with the Hang Seng Index rising by 0.93%, the Hang Seng China Enterprises Index increasing by 1.17%, and the Hang Seng Tech Index surging by 2.71% [2][3] - The total market turnover reached HKD 285.58 billion, with short selling on the main board rising to HKD 44.79 billion, accounting for 17.11% of the total turnover of shortable stocks [2] - Southbound capital flow showed signs of weakness, with a net inflow of HKD 5.166 billion through the Stock Connect [2] Group 2: Company Performance - The report highlights the strong performance of the semiconductor sector, with notable gains in stocks such as Hua Hong Semiconductor (1347.HK) rising nearly 18% and SMIC (981.HK) also seeing significant increases [3] - Several companies reported impressive earnings, leading to substantial stock price increases, including SUTENG (2498.HK) which surged over 13% post-earnings, and MINISO (9896.HK) which rose by 20% [3] - Weichai Power (856.HK) reported a 13.6% year-on-year increase in revenue to HKD 45.52 billion for the first half of 2025, driven by strong performance across its three business segments [6][7] Group 3: Financial Highlights - Weichai Power's net profit for the first half of 2025 reached HKD 610 million, reflecting a year-on-year growth of 34.7%, exceeding market expectations [6][7] - The company's gross profit margin increased by 0.32 percentage points to 4.75%, indicating improved profitability [7] - The cloud computing segment showed remarkable growth, with revenue increasing by 67.9% year-on-year, becoming a key driver of the company's overall performance [7][8] Group 4: Regional Performance - The Southeast Asia region demonstrated rapid growth, with revenue reaching HKD 16.74 billion, a year-on-year increase of 22.5%, accounting for approximately 37% of the group's total revenue [6][8] - North Asia also showed positive growth, with revenue of HKD 28.78 billion, up 8.9% year-on-year, contributing to the company's stable development [8] Group 5: Investment Outlook - The report suggests an optimistic outlook for Weichai Power, with revised net profit forecasts for 2025 and 2026 set at HKD 1.34 billion and HKD 1.68 billion respectively [8] - The target price for the stock has been raised to HKD 13.8, based on a 14x price-to-earnings ratio for 2025, maintaining a "Buy" rating [8]

Macro Commentary - The speech by Powell at the Jackson Hole central bank conference was more dovish than expected, interpreted by the market as a signal for a potential rate cut in September. However, two regional Fed presidents later tempered this optimism, indicating that the decision would depend on economic data [2][4]. - Inflation in the U.S. is expected to rebound in August, with a potential impact on the unemployment rate due to a decrease in immigrant labor. If inflation rises less than the unemployment rate, a rate cut in September is likely; otherwise, it may be postponed to October [2][4]. - The Fed is anticipated to cut rates again in December and potentially two more times in the following year [2][4]. Company Analysis Bilibili (BILI US) - Bilibili reported Q2 2025 earnings with total revenue of RMB 7.34 billion, a 20% year-on-year increase, meeting expectations. Adjusted net profit reached RMB 562 million, exceeding consensus estimates by 8% due to better-than-expected control of sales expenses [5]. - For Q3 2025, revenue growth is expected to slow to 4% year-on-year, primarily due to high base pressure from mobile gaming. However, advertising and value-added services are projected to remain resilient [5]. Weishijia (856 HK) - Weishijia's H1 2025 revenue grew by 14% to HKD 45.5 billion, driven by strong demand for AI computing, with cloud revenue increasing by 68% year-on-year. Net profit rose by 36% to HKD 649 million [5]. - The target price has been raised to HKD 14.2, reflecting the increased contribution from AI-related business [5]. CSPC Pharmaceutical Group (1093 HK) - CSPC reported H1 2025 total revenue of RMB 13.3 billion, with core revenue declining by 25% year-on-year. The management expects a rebound in product sales in H2 2025, with at least 5% quarter-on-quarter growth anticipated [6][7]. - The company has completed six external licensing deals since late 2024 and expects to finalize two more significant deals in H2 2025, each exceeding USD 5 billion [7][9]. Li Ning (2331 HK) - Li Ning's revenue for H1 2025 was RMB 14.8 billion, a 3% year-on-year increase, slightly above expectations. However, net profit fell by 11% to RMB 1.74 billion, reflecting challenges in retail sales and increased discounts [11][13]. - The company maintains its FY 2025 guidance, expecting stable sales growth and high single-digit net profit margins, despite pressures from inventory and promotional costs [10][11]. Binjiang Service (3316 HK) - Binjiang Service reported a 12.2% increase in net profit for H1 2025, with total revenue up 22.7%. The basic property management segment showed strong growth, benefiting from improved collection rates and property fee increases [14][16]. - The company aims to achieve a 70% dividend payout ratio and plans to pursue inclusion in the Hong Kong Stock Connect by FY 2026 [16]. Zhaosheng Microelectronics (300782 CH) - Zhaosheng Microelectronics reported Q2 2025 revenue of RMB 948 million, a 25% quarter-on-quarter increase but a 13% year-on-year decline, indicating ongoing weak demand and competitive pressures [17]. - The company has adjusted its revenue forecasts downwards for 2025 and 2026 due to persistent pricing pressures and lower-than-expected demand [17].