Core Viewpoint - The China Securities Regulatory Commission has approved the initial public offering (IPO) registration of Shanghai Yufan Environmental Technology Co., Ltd., which plans to raise approximately 544 million yuan for urban pipeline operation and maintenance service enhancements, research and development center construction, and working capital supplementation [1][3]. Company Overview - Shanghai Yufan Environmental Technology Co., Ltd. specializes in smart city underground pipeline repair services, including drainage pipeline inspection, assessment, special investigations, and non-excavation repairs [3]. - The company was established in December 2012 and has a registered capital of approximately 801.72 million yuan [5]. Financial Performance - Revenue projections for Yufan Technology are approximately 513 million yuan for 2022, 630 million yuan for 2023, 730 million yuan for 2024, and 311 million yuan for the first half of 2025 [3]. - Net profit estimates are around 78.83 million yuan for 2022, 98.25 million yuan for 2023, 130 million yuan for 2024, and 32.60 million yuan for the first half of 2025 [3]. - The company anticipates a revenue increase of 10.16% to approximately 804 million yuan in 2025 compared to 2024, with a net profit growth of 7.83% to about 140 million yuan [4]. Shareholding Structure - The major shareholders of Yufan Technology include Jingning Yufan Industrial Investment Partnership and Zhu Jun, with Zhu Jun and Li Jiachuan controlling a combined 44.35% of the company [5][7]. - Zhu Jun serves as the chairman, while Li Jiachuan is the general manager of Yufan Technology [7].

针对隧道内的覆盖难题，技术团队创新采用"漏缆+分布式MIMO+3CC载波聚合"的组合方案：漏缆沿隧道壁敷 设，确保信号能均匀覆盖整个隧道空间；分布式MIMO技术通过在隧道内布设多个天线单元，提升信号的稳定性 和传输速率；3CC载波聚合则将三个频段的信号资源整合，大幅提升网络容量。此外，团队还引入了智能调度、 负载均衡、分流协同等技术—当监测到某一区域用户数量激增时，系统会自动将部分数据流量分流至负载较低的 频段或小区；当客流量减少时，又会适时关闭部分冗余资源，实现网络资源的动态调配，既保证了高峰时段的通 信通畅，又避免了非高峰时段的资源浪费，完美应对了"潮汐式"流量挑战。 近日，济南轨道交通4号线彭家庄站、程家庄站、唐冶站、唐冶南站（以上站名均为工程名）已完成移动5G-A通 信覆盖，标志着这条串联城市东西的"黄金线路"在通信保障上迈出关键一步。作为济南轨道交通第二期建设规划 的核心工程，地铁4号线不仅承载着缓解城市交通拥堵的民生期待，更被纳入"智慧泉城"建设重点任务清单，"线 路开通、信号通达"成为其投入运营的硬性指标。 山东移动积极响应国家新基建与智慧城市发展号召，严格落实省通信管理局"同步规划、同步设计、 ...

Core Viewpoint - Wanma Technology's stock has experienced fluctuations, with a year-to-date increase of 35.32%, but a recent decline of 8.73% over the past five trading days [1] Group 1: Company Overview - Wanma Technology Co., Ltd. was established on January 28, 1997, and went public on August 31, 2017. The company is based in Qinyun Village, Taihu Source Town, Lin'an District, Hangzhou, Zhejiang Province [2] - The main business areas include research, production, system integration, and sales of communication and medical information technology equipment, as well as data center integration and maintenance [2] - The revenue composition is as follows: 46.44% from vehicle networking, 30.39% from cabinet and chassis products, 11.64% from industrial control products, 6.64% from other products, and 4.89% from medical information technology products [2] Group 2: Financial Performance - For the first half of 2025, Wanma Technology achieved operating revenue of 339 million yuan, representing a year-on-year growth of 50.91%. The net profit attributable to the parent company was 16.46 million yuan, with a year-on-year increase of 3.06% [2] - Since its A-share listing, the company has distributed a total of 35.24 million yuan in dividends, with 30.82 million yuan distributed over the past three years [3] Group 3: Market Activity - As of October 10, Wanma Technology's stock price was 46.63 yuan per share, with a market capitalization of 6.248 billion yuan. The trading volume was 297 million yuan, with a turnover rate of 5.31% [1] - The company has seen a net outflow of 12.35 million yuan in principal funds, with significant buying and selling activity in large orders [1] - Wanma Technology has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 104 million yuan on June 24 [1]

Core Viewpoint - Nocoda Technology (00519) has achieved significant growth in its smart robotics business, transitioning from initial stages to a new phase of scaling up operations, with notable advancements in both local and international markets [1] Group 1: Business Performance - The smart robotics business has completed a breakthrough from one to ten, indicating a transition to a new stage of growth from ten to a hundred [1] - The company has made substantial progress in the Hong Kong market, achieving breakthroughs in new scenarios, applications, and customer acquisition [1] Group 2: Market Expansion - Smart solutions have been successfully implemented in various public housing estates and large-scale venues, including Queen's Hill Estate and Chai Wan Estate, as well as hospitals and shopping malls [1] - The international market expansion is accelerating, with smart robotics now operational in the Middle East, Southeast Asia, and Europe, validating commercial applications in smart city initiatives [1] Group 3: Technological and Strategic Advantages - The company is leveraging its base at the Hong Kong Science Park to enhance technological reserves and deploy professional teams for global marketing and smart robotics development [1] - The rapid growth of the global smart robotics market presents a promising outlook for the company's recent scaling efforts [1]

Core Viewpoint - Nocoda Technology (00519) has achieved significant growth in its smart robotics business, transitioning from initial stages to a new phase of scaling up operations, with notable advancements in both local and international markets [1] Group 1: Business Performance - The smart robotics business has expanded from one to ten applications, indicating a breakthrough in scaling operations [1] - The company has successfully penetrated various sectors in the Hong Kong market, including public housing estates and large commercial spaces, showcasing its innovative solutions [1] - The introduction of logistics robots for waste sorting and transportation has improved operational efficiency and reduced injury risks for workers [1] Group 2: Market Expansion - Nocoda Technology is accelerating its international market presence, leveraging Hong Kong's strategic advantages to enter regions such as the Middle East, Southeast Asia, and Europe [1] - The company is validating its smart city solutions in international markets and fostering cross-sector collaborations with partners across multiple regions [1] Group 3: Future Outlook - The global smart robotics market is experiencing rapid growth, and the company is well-positioned for significant scaling opportunities in the near future [1]

Group 1 - The company, Zhongdian Xinlong, focuses on three main business areas: smart energy utilization (intelligent power distribution equipment and components), smart new energy, and smart cities [2]

Company Overview - Hengshi Technology's stock price increased by 2.03% on October 9, reaching 9.56 CNY per share, with a total market capitalization of 2.999 billion CNY [1] - The company has seen a year-to-date stock price increase of 4.71%, with a 2.47% rise over the last five trading days and an 11.68% increase over the last 20 days [1] - Hengshi Technology's main business areas include communication design and intelligent IoT applications, with revenue composition as follows: system integration 64.04%, design 13.61%, technical services 11.78%, engineering construction and maintenance 4.97%, software development 2.53%, property management 1.84%, house leasing 0.49%, product sales 0.42%, and software product sales 0.32% [1] Financial Performance - As of June 30, Hengshi Technology reported a total of 27,500 shareholders, an increase of 22.61% from the previous period, with an average of 10,492 circulating shares per person, a decrease of 16.46% [2] - For the first half of 2025, the company achieved operating revenue of 403 million CNY, a year-on-year decrease of 28.66%, and a net profit attributable to shareholders of -106 million CNY, a year-on-year decrease of 107.87% [2] Dividend Information - Hengshi Technology has distributed a total of 103 million CNY in dividends since its A-share listing, with cumulative dividends of 10.9792 million CNY over the past three years [3]

Core Viewpoint - The stock price of Qutian Micro has shown fluctuations, with a year-to-date increase of 8.25% and a recent decline over the past five days by 2.91% [2] Company Overview - Qutian Microelectronics Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, established on November 5, 2004, and listed on January 28, 2021 [2] - The company primarily engages in the research, design, production, and sales of LCD display and touch control products [2] - The revenue composition includes capacitive touch screens (31.70%), monochrome LCD modules (19.91%), color LCD modules (19.28%), monochrome displays (16.90%), and others (12.21%) [2] Financial Performance - For the period from January to June 2025, Qutian Micro achieved a revenue of 631 million yuan, representing a year-on-year growth of 21.37%, while the net profit attributable to shareholders decreased by 5.78% to 51.26 million yuan [2] - Since its A-share listing, Qutian Micro has distributed a total of 231 million yuan in dividends, with 143 million yuan distributed over the past three years [3] Shareholder Information - As of September 19, 2025, the number of shareholders for Qutian Micro was 18,400, a decrease of 3.86% from the previous period, with an average of 6,508 circulating shares per person, an increase of 4.02% [2] - As of June 30, 2025, the top ten circulating shareholders included a new shareholder, Dazheng Zhongzheng 360 Internet + Index A, holding 505,400 shares [3] Market Activity - On October 9, Qutian Micro's stock rose by 2.01%, reaching 35.08 yuan per share, with a trading volume of 32.48 million yuan and a turnover rate of 0.78%, resulting in a total market capitalization of 4.21 billion yuan [1] - The net inflow of main funds was 338,100 yuan, with significant buying and selling activities recorded [1]

Core Viewpoint - New Dazheng has shown a significant increase in stock price and trading activity, indicating potential investor interest and market performance [1][2]. Company Overview - New Dazheng Property Group Co., Ltd. is located in Chongqing and was established on December 10, 1998, with its listing date on December 3, 2019. The company specializes in smart city public building and facility management, providing comprehensive property management services, professional management services, and value-added services [1]. - The main revenue composition includes: basic services 87.79%, urban services 8.22%, innovative services 3.86%, and others 0.13% [1]. Stock Performance - As of October 9, New Dazheng's stock price increased by 2.23%, reaching 11.93 CNY per share, with a total market capitalization of 2.699 billion CNY [1]. - Year-to-date, the stock price has risen by 33.64%, with a 10.36% increase over the last five trading days, 6.14% over the last 20 days, and 16.96% over the last 60 days [1]. Trading Activity - The net outflow of main funds was 3.1726 million CNY, with large orders buying 7.4571 million CNY (10.17% of total) and selling 10.6296 million CNY (14.50% of total) [1]. - New Dazheng has appeared on the "Dragon and Tiger List" twice this year, with the most recent occurrence on September 29, where the net buying amounted to 11.2617 million CNY [1]. Financial Performance - For the first half of 2025, New Dazheng reported revenue of 1.503 billion CNY, a year-on-year decrease of 12.88%, and a net profit attributable to shareholders of 71.1768 million CNY, down 12.96% year-on-year [2]. - Since its A-share listing, New Dazheng has distributed a total of 381 million CNY in dividends, with 197 million CNY distributed in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 29.57% to 14,200, with an average of 14,998 shares per shareholder, a decrease of 22.87% [2]. - Among the top ten circulating shareholders, Dongfanghong Yuanjian Value Mixed A (010714) is the sixth largest, increasing its holdings by 26.41% to 2.7336 million shares, while the Southern CSI Real Estate ETF has exited the top ten [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，概不對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之任何損失承擔任何責任。 NOVAUTEK TECHNOLOGIES GROUP LIMITED 諾科達科技集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：519） 自願性公告 智能機器人業務落地更新 諾科達科技集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會自願作 出本公告，以向本公司股東及潛在投資者提供本集團的最新業務情況。 二零二五年度，本集團智能機器人業務完成由一到十的突破，由點到面的跨越，正 式邁向由十至百的規模化增長新階段，業務創新及擴張成效全面顯現。 香港市場作為戰略基石，已實現新場景、新應用、新客戶三重突破。智慧解決方案已 成功進入皇后山邨、嘉褔邨等公共屋邨，以及多個大型屋苑、醫院、核心商場、康樂 公園等多元場景。創新應用中，搬運機器人承接垃圾分類及轉運等重體力工作，有 效降低工人受傷風險並提升作業效率，安防、清潔、禮賓等機器人的本土化設計及 應用亦獲廣泛認可。憑藉優質服務與產品實力，集團 ...