Core Viewpoint - The proposed takeover of Comvita by rival Florenz has failed due to insufficient shareholder votes, leading both companies to mutually terminate the deal [1] Company Situation - Comvita's board is exploring alternative options, including a recapitalization process, following the failed takeover [2] - The company has faced significant challenges in recent years, including sector pressures, market conditions, and a complex turnaround [3] - Structural changes in the Manuka honey sector have resulted in oversupply, price volatility, and intense competition [3] Financial Performance - Comvita reported a net debt of NZ$67.4 million (approximately $38.2 million) and an EBIT profit of NZ$0.7 million for the first quarter of fiscal 2026, which was better than the anticipated NZ$1.7 million loss [3] - Revenue for the first quarter was NZ$45.6 million, exceeding both Comvita's estimate of NZ$43.8 million and the NZ$42.3 million from the previous year [4] - The forecast for full-year EBIT is NZ$13.5 million [4] Recapitalization Efforts - The board is actively working with advisers and banking partners to evaluate funding options as part of contingency planning [4] - The intention is to assess options for recapitalizing the company to stabilize the business and reduce risks to shareholders [5] - Comvita reported a full-year fiscal 2025 net profit loss of NZ$104.8 million, widening from a NZ$80.4 million loss the previous year, with revenue dropping 4% to NZ$192.5 million [6]

Core Viewpoint - Country Garden announced a series of proposed restructuring transactions aimed at improving its financial position and operational efficiency [1] Group 1: Proposed Transactions - The company plans to issue mandatory convertible bonds under special authorization [1] - It suggests issuing SCA warrants based on special authorization [1] - The company intends to issue new shares according to work fee arrangements and restructuring support agreements under special authorization [1] - A proposal to issue new shares as part of a bilateral loan solution with Dafeng Bank is also included [1] - There are related transactions involving the capitalization of shareholder loans, which includes issuing new shares to the controlling shareholder under special authorization [1] - The management incentive plan is proposed for adoption [1] - The company plans to sell stakes in several subsidiaries and offset shareholder loans through related transactions and ongoing related transactions [1]

Core Viewpoint - Dazhihui's stock price plummeted significantly, closing at 12.60 yuan per share, with a total market value of 25.06 billion yuan, amid ongoing complications in its merger with Xiangcai Co [1] Group 1: Merger and Legal Issues - Dazhihui is in the process of a merger with Xiangcai Co, which was approved in a shareholder meeting on October 13, 2025 [2] - A lawsuit was filed by an individual, Wang Gongwei, claiming that Dazhihui did not hire intermediaries for auditing or evaluating the merger, thus violating relevant rules [2] - The merger has a long history, dating back to a failed acquisition attempt in 2015 due to regulatory issues, and Xiangcai Co later became a significant shareholder of Dazhihui [3] Group 2: Responses from Dazhihui and Intermediaries - Dazhihui and its intermediaries assert that the shareholder meeting's resolutions are legal and valid, having followed the necessary procedures [4] - The independent financial advisor, Yuekai Securities, confirmed that the transaction does not involve Dazhihui acquiring any assets from Xiangcai Co [4] - Legal opinions from Beijing Guofeng Law Firm and Guohao Law Firm support the legality of the merger process and the validity of the shareholder meeting resolutions [4] Group 3: Company Actions and Investor Communication - Dazhihui plans to closely monitor the situation and take legal measures to protect the interests of the company and its shareholders [5] - The company emphasizes the importance of timely information disclosure to investors [5]

Core Viewpoint - The recent lawsuit involving Dazhihui (601519) regarding its restructuring has attracted market attention, with the company affirming the legality of its shareholder meeting resolutions and the ongoing merger process with Xiangcai Co., Ltd. [1][2] Group 1: Legal Proceedings - Dazhihui disclosed that multiple intermediary institutions confirmed the legality and validity of the resolutions from the second extraordinary general meeting held on October 13, 2025, despite a lawsuit filed by individual Wang Gongwei [1] - Wang Gongwei's lawsuit claims that the company failed to hire intermediaries for auditing or evaluating the transaction targets, which he argues violates relevant regulations [1] - Legal opinions from Beijing Guofeng Law Firm and Guohao Law Firm (Shanghai) support Dazhihui's position, stating that the merger does not require the auditing or evaluation of Xiangcai Co. and that the shareholder meeting procedures were compliant with laws and regulations [2] Group 2: Company Response - Dazhihui stated that it will actively respond to the lawsuit and protect the legal rights of the company and its shareholders, with updates on the restructuring process to be disclosed in a timely manner [3]

Group 1 - The change in control of BiaoBang Co., Ltd. was terminated after a week of suspension, leading to a significant drop in stock price, reflecting investors' disappointment in the failed restructuring expectations [2] - Prior to the suspension, BiaoBang's stock price had surged over 70% from September 16 to October 30, significantly outperforming the market's 4.05% increase during the same period, raising suspicions of insider trading or information leakage [2] - The company reported a revenue of 397 million yuan and a net profit of 90.45 million yuan for the first three quarters of the year, showing a year-on-year growth of 10.5% and 1.87% respectively, but overall performance growth is slow [3] Group 2 - The termination of the control change means that BiaoBang is unlikely to gain new growth momentum through restructuring in the short term, which raises concerns among investors [3] - The significant stock price fluctuations highlight the need for investors to remain rational when facing similar restructuring expectations, emphasizing the importance of focusing on the company's fundamental improvements and long-term potential [3] - The situation underscores the importance of information transparency and regulatory oversight in the capital market, ensuring a fair environment for investors to make informed decisions [3]

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的內容概不 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法律 責 任。 IBO TECHNOLOGY COMPANY LIMITED (In Liquidation) 艾 伯 科 技 股 份 有 限 公 司 （清 盤 中） （於開曼群島註冊成立之有限公司） （股份代號：2708） 就復牌進展之季度更新 及 繼續暫停買賣 本 公 告 乃 艾 伯 科 技 股 份 有 限 公 司（清 盤 中）（「本公司」，連 同 其 附 屬 公 司，統 稱「本 集 團」）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 13.09條及第13.24A條，以 及 香 港 法 例 第571章《證 券 及 期 貨 條 例》第XIVA部項下的 內 幕 消 息 條 文（定 義 見 上 市 規 則）作 出。 茲提述本公司日期為2024年3月18日、2024年4月24日、2024年4月25日、 ...

Core Insights - Porsche reported a significant loss of €966 million (approximately ¥8 billion) in Q3, leading to a 99% year-on-year decline in sales profit for the first three quarters of the year [1] Financial Performance - For the first nine months of the year, Porsche's revenue was approximately €26.86 billion, a decrease of 6% year-on-year [1] - The company's sales profit was only €40 million, down from €4.035 billion in the same period last year, marking a 99% decline [1] Strategic Adjustments - Porsche announced the postponement of several electric vehicle launches, extended the market lifecycle of various fuel and hybrid models, and terminated its battery production plan, resulting in an additional expenditure of approximately €2.7 billion (around ¥22.4 billion) [1] Impact of Tariffs - The U.S. tariff policy has added pressure on Porsche's performance, with an additional cost of €300 million incurred in the first nine months [1] - The company estimates that the U.S. tariffs will result in a loss of about €700 million for the entire year, prompting plans to increase prices in the U.S. market [1] Workforce Restructuring - In response to current operational pressures, Porsche has initiated an organizational restructuring, planning to lay off 1,900 employees over the next few years and cut 2,000 temporary positions within the year [1] - A second round of layoffs is expected to be announced by the end of this year [1]

Core Insights - Porsche reported a significant loss of €966 million (approximately ¥8 billion) in Q3, leading to a 99% year-on-year decline in sales profit for the first three quarters of the year [1] Financial Performance - For the first nine months of the year, Porsche's revenue was approximately €26.86 billion, a decrease of 6% year-on-year [1] - The sales profit for the same period was only €40 million, down from €4.035 billion in the previous year, marking a 99% decline [1] Strategic Decisions - Porsche announced the postponement of several electric vehicle launches and extended the market lifecycle of various fuel and hybrid models [1] - The company has terminated its battery production plan, resulting in additional restructuring costs of approximately €2.7 billion (around ¥22.4 billion) [1] Cost Pressures - The U.S. tariff policy has added significant pressure on Porsche's performance, with additional costs of €300 million incurred in the first nine months [1] - The company anticipates a total loss of approximately €700 million due to U.S. tariffs for the entire year and plans to raise prices in the U.S. market in the coming months [1] Workforce Adjustments - In response to current operational pressures, Porsche has initiated an organizational restructuring plan, which includes laying off 1,900 employees over the next few years and cutting 2,000 temporary positions within the year [1] - A second round of layoffs is expected to be announced by the end of this year [1]

Core Viewpoint - Porsche reported a significant financial downturn in Q3, with a loss of €966 million, leading to a 99% drop in sales profit for the first three quarters of the year [1]. Financial Performance - For the first nine months of the year, Porsche's revenue was approximately €26.86 billion, a decrease of 6% year-on-year [1]. - The sales profit for the same period was only €40 million, down from €4.035 billion in the previous year, marking a 99% decline [1]. Strategic Changes - Porsche announced the postponement of several electric vehicle launches and extended the market lifecycle of various fuel and hybrid models [1]. - The company has terminated its battery production plans, resulting in an additional expenditure of approximately €2.7 billion [1]. Impact of Tariffs - The U.S. tariff policy has added pressure on Porsche's performance, with an additional cost of €300 million incurred in the first nine months [1]. - It is estimated that the tariff policy will lead to a total loss of about €700 million for Porsche this year, prompting the company to raise prices in the U.S. market [1]. Organizational Restructuring - In response to operational pressures, Porsche has initiated an organizational restructuring plan, which includes laying off 1,900 employees over the next few years and cutting 2,000 temporary positions within the year [1]. - A second round of layoffs is expected to be announced by the end of this year [1].

Core Viewpoint - Porsche reported a significant financial downturn in Q3, with a loss of €966 million, leading to a 99% year-on-year decline in sales profit for the first three quarters of the year [3][5]. Financial Performance - For the first nine months of the year, Porsche's revenue was approximately €26.86 billion, a decrease of 6% compared to the previous year [5]. - The sales profit for the same period was only €4 million, down from €403.5 million in the previous year, marking a 99% decline [5]. Operational Challenges - Porsche announced the postponement of several electric vehicle launches, extended the market lifecycle of various fuel and hybrid models, and terminated its battery production plans, resulting in an additional expenditure of approximately €2.7 billion [6]. - The company's performance has also been impacted by U.S. tariff policies, which added an extra cost of €300 million in the first nine months, with an estimated total loss of €700 million for the year due to these tariffs [8]. Restructuring Efforts - In response to the current operational pressures, Porsche has initiated an organizational restructuring plan, which includes laying off 1,900 employees over the next few years and cutting 2,000 temporary positions within the year [10].