Core Insights - The A+H stock listing and pre-listing executive exchange meeting was successfully held in Shenzhen, attracting over 50 executives from A-share, A+H share, and pre-listed companies, marking an innovative attempt to accelerate cross-market development in the region [1][3] Group 1: Event Overview - The event was co-hosted by the Shenzhen Stock Exchange and the Shenzhen Listed Companies Association, aiming to implement the "Five Measures to Benefit Hong Kong" proposed by the China Securities Regulatory Commission [1][3] - The Xiangmi Lake Capital Innovation/Listing Accelerator provides ten services through five accelerations: operational standardization, market expansion, financing connection, policy implementation, and brand upgrading [1][9] Group 2: Achievements and Statistics - The Xiangmi Lake Listing Accelerator has organized nearly 100 listing cultivation activities and visited over 200 potential listed companies, providing training support to nearly 3,000 companies and over 10,000 individuals [1][9] - As of now, there are 97 listed companies in the Futian District, with one new addition to the Hong Kong stock market this year (Shouhui Group) [1] Group 3: Expert Insights - The Vice President of Jinmaili (Hong Kong) shared insights on media communication strategies for A+H companies during their Hong Kong IPO, emphasizing the need for compliance and effective communication of the company's value to investors [7] - The event focused on addressing pain points in the A+H stock listing process and providing precise guidance from policy interpretation to practical implementation [9] Group 4: Future Directions - Futian District aims to strengthen its service capabilities in three major brands, focusing on the entire chain of listing, mergers, and refinancing to help companies grow into leading benchmarks in the Greater Bay Area and international markets [9]

Shouhui Group Limited 手回集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：02621） 發佈公司通訊 根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 2.07A 條 1 以及手回集 團有限公司（「本公司」）的公司章程細則，本公司將以電子通訊方式向其股東 3 發佈本公司日後的公 司通訊（「公司通訊 2」），並僅應股東要求向其寄發印刷本形式的公司通訊。 就此而言，以下安排將於 2025 年 8 月 25 日生效。 安排 1. 可供採取行動的公司通訊 4 本公司將以電子通訊方式（通過電子郵件）向股東個別地發送可供採取行動的公司通訊。如果本公 司沒有獲取股東的電子郵箱地址或其提供的電子郵箱地址無效 5，本公司將以印刷本形式向其發送 可供採取行動的公司通訊，連同一份索取股東有效電子郵箱地址的表格，以便將來以電子通訊方式 發送可供採取行動的公司通訊。 2. 公司通訊 本公司將在本公司網站（www.shouhui-tech.com）及聯交所網站（www.hkexnews.hk）上發佈公司 通訊。 本公司不會向股東發出公司通訊網站版本 6 的登載通知。本公司鼓勵股東主 ...

Shouhui Group Limited 手回集團有限公司 (Incorporated in the Cayman Islands with limited liability) （Stock Code：02621） Dear Non-registered Holder, 25 August 2025 Arrangement of Electronic Dissemination of Corporate Communications Pursuant to the amended Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") effective from 31 December 2023, Shouhui Group Limited (the "Company") has adopted new arrangement to disseminate corporate communication ...

Core Viewpoint - The insurance intermediary industry is undergoing a transformation by 2025, facing multiple development paths and challenges due to stricter regulations, intensified market competition, and evolving consumer demands [1] Group 1: Development Paths - Insurance intermediaries need to shift from "scale expansion" to "value creation," balancing short-term profits with long-term value through enhanced professional services and exploring sustainable business models [1] - Companies should leverage technology and digital transformation, utilizing AI and big data to optimize processes and improve customer experience, as seen with Yuanbao Group's AI-driven underwriting system [2] - Focusing on niche markets and differentiated competition is essential, with leading firms developing products for the silver economy and offering "insurance + health management" services [2] - Mergers and acquisitions are crucial for market share expansion, with companies acquiring regional firms or collaborating with tech and financial institutions to enhance service capabilities [2] - Capital operations and global expansion are vital, with firms utilizing stock issuance and asset-backed securities to enhance liquidity and enter emerging markets [2] Group 2: Challenges - The implementation of the "Uniform Pricing and Reporting Policy" has led to a 30% decrease in average commission rates, impacting short-term revenues for intermediaries [2] - Stricter regulations have increased compliance costs, requiring firms to invest in compliance systems and digital auditing tools to mitigate regulatory risks [2] - Smaller intermediaries face survival challenges amid increasing industry concentration, with many struggling to maintain operations and some even surrendering licenses [2] - The contradiction between technology investment and return on investment poses a challenge, as digital transformation requires significant upfront costs with delayed benefits [2] Group 3: Future Direction - The future direction for the industry emphasizes specialization and sustainable development, focusing on building long-term value through innovative and responsible business practices [2]

Core Viewpoint - The company, Hand Return Group (02621.HK), announced that it will hold a board meeting on August 26, 2025, to review and approve its interim results for the six months ending June 30, 2025, and to consider the proposal for an interim dividend distribution, if any [1] Summary by Relevant Categories - **Company Announcement** - The board meeting is scheduled for August 26, 2025 [1] - The meeting will focus on the interim results for the six months ending June 30, 2025 [1] - The board will also consider the proposal for an interim dividend distribution [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部 分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Shouhui Group Limited 手回集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2621） 董事會會議召開日期 手回集團有限公司（「本公司」，連同其附屬公司及合併聯屬實體，「本集團」）董事 （「董事」）會（「董事會」）謹此宣佈，董事會會議將於2025年8月26日（星期二）舉行， 藉以（其中包括）考慮及批准本集團截至2025年6月30日止六個月之未經審核中期業 績及其發佈，以及考慮派發中期股息（如有）。 承董事會命 手回集團有限公司 執行董事、董事會主席及首席執行官 光耀先生 香港，2025年8月14日 截至本公告日期，董事會包括(i)執行董事光耀先生、韓立煒先生、劉麗女士及李鑒 庭先生；(ii)非執行董事Byron Ye先生及李思睿先生；及(iii)獨立非執行董事沈剛先 生、吳海泉先生及張遠新先生。 ...

Core Viewpoint - Shouhui Group (02621) is expected to turn a profit by June 30, 2025, with a projected net profit between 660 million to 680 million RMB, compared to a net loss in the same period of 2024, primarily due to gains from changes in the book value of financial instruments issued to investors [1] Financial Performance - The company anticipates an adjusted net profit attributable to shareholders of 56 million to 76 million RMB for the six months ending June 30, 2025, which represents a decrease of 50 million to 70 million RMB year-on-year [1] - The expected decline in adjusted net profit is attributed to increased uncertainty in the macroeconomic environment, a slowdown in financial consumer demand, and the implementation of a unified reporting policy in the insurance industry that has reduced brokerage commission rates [1]

Core Viewpoint - The insurance intermediary market is experiencing a dichotomy with a surge in IPO activities while the number of institutions is declining, indicating a significant transformation in the industry driven by regulatory pressures and competitive challenges [1][5][6]. Group 1: IPO Activities - Shouhui Group successfully listed on the Hong Kong Stock Exchange on May 30, 2024, but its stock price fell below the issue price, closing at 6.61 HKD per share, down over 18% from the issue price of 8.08 HKD [2]. - Other insurance intermediaries such as Lighter Health Group, White Dove Online, and Qingmin Digital Science are also seeking to go public, indicating a trend among intermediaries to pursue IPOs [1][3]. - Yuanbao Group listed on NASDAQ in April 2024, reporting a revenue of 9.70 billion CNY in Q1 2025, a 43.8% increase year-on-year, and a net profit of 2.95 billion CNY, up 122.1% [3]. Group 2: Industry Challenges - The number of insurance intermediaries in China has decreased, with 2,539 institutions reported by the end of 2024, down 27 from the previous year, and over 20 institutions have been deregistered in 2025 [5][6]. - The market for equity transactions among insurance intermediaries is sluggish, with declining transfer prices and instances of unsold shares [5][6]. - Regulatory pressures and increased competition are leading to a "Matthew Effect," where larger firms gain market share while smaller firms struggle to survive [6]. Group 3: Revenue and Profitability - Shouhui Group's revenue from 2022 to 2024 was 806 million CNY, 1.634 billion CNY, and 1.387 billion CNY, with net profits of 131 million CNY in 2022, a loss of 356 million CNY in 2023, and a loss of 136 million CNY in 2024 [2]. - The average first-year commission rate for long-term life insurance products dropped from 31.7% in 2023 to 21.5% in 2024, indicating pressure on revenue due to regulatory changes [7]. Group 4: Future Directions - Insurance intermediaries are encouraged to enhance service capabilities, leverage technology, and collaborate within ecosystems to create differentiated competitive advantages [8][9]. - Experts suggest that intermediaries should focus on niche markets and provide specialized services rather than merely pursuing scale [9]. - The ongoing digital transformation necessitates that intermediaries adopt technology to improve efficiency and customer experience [9][10].

Group 1: Market Performance - The UK central bank has lowered interest rates to a two-year low, requiring two rounds of voting to reach a decision[12] - The Shanghai Composite Index rose by 0.16% to 3639.67 points, while the Shenzhen Component Index fell by 0.18%[1] - The Hang Seng Index increased by 0.69% to 25081.63 points, with the property sector leading gains[1] Group 2: Economic Indicators - The US Dow Jones fell by 0.51%, while the S&P 500 decreased by 0.08%, and the Nasdaq rose by 0.35%[1] - The Bank of England's decision reflects significant internal disagreement, with five members supporting a 25 basis point cut to 4%[12] - China's central bank has expanded its gold reserves for nine consecutive months, increasing by 60,000 ounces to 7396 million ounces[12] Group 3: Corporate Developments - Guangdong Huayan Robotics is reportedly seeking to raise over $200 million (approximately 15.6 billion HKD) through a Hong Kong IPO[10] - Sino Biopharmaceutical plans to issue 36.56 million shares at a price of 18.68 HKD each, with an expected net proceeds of approximately 610 million RMB[10] - China Mobile Hong Kong has initiated a voluntary conditional cash offer to acquire all issued shares of Hong Kong Broadband[10]

Core Viewpoint - The company expects to achieve a net profit of RMB 660 million to RMB 680 million for the six months ending June 30, 2025, a significant improvement compared to a net loss of RMB 735 million to RMB 755 million for the same period ending June 30, 2024 [1] Financial Performance - The anticipated change in net profit is primarily attributed to an increase in the fair value gains of financial instruments issued to investors, which is expected to rise by RMB 795 million to RMB 815 million compared to the losses recorded in the first half of 2024 [1]