Core Viewpoint - Tongguan Gold (00340) has seen a significant increase in stock price, with a rise of over 5% during trading, reflecting positive investor sentiment following recent share purchases by a key stakeholder [1] Group 1: Shareholder Activity - On January 2, Jiang Wei increased her holdings in Tongguan Gold by 500,000 shares, valued at approximately 1.4 million HKD [1] - On January 5, Jiang Wei further increased her stake by 2.336 million shares, amounting to about 6.7043 million HKD [1] - On January 6, she acquired an additional 1.1 million shares, involving an investment of around 3.278 million HKD, raising her total holdings to 1.19 billion shares, which represents a 22.90% ownership stake [1] Group 2: Business Strategy and Performance - According to a report by Global Fortune, Tongguan Gold is shifting its business strategy from diversification to focusing on high-return gold mining operations, aiming to strengthen its market position [1] - For the first half of 2025, the company's profit attributable to shareholders saw a remarkable increase of 273% compared to the previous period, indicating the success of its strategic restructuring [1] - The company's gold recycling activities involve purchasing old gold from other supply chain enterprises, refining it through distributors, and selling physical gold bars; however, no transactions occurred in the gold recycling business during the first half of 2025 [1] - The company is also expanding its mining operations in Subi County through mergers and acquisitions and financing support [1]

Core Viewpoint - The company, Lianya Group, has announced a strategic review of its franchise brand portfolio and business objectives, particularly regarding the Reebok franchise in Greater China, leading to an early termination of the franchise agreement with Authentic Brands Group by December 31, 2025 [1] Group 1 - The franchise agreement for distributing Reebok products in Greater China will be terminated early, effective December 31, 2025, to better allocate resources for long-term growth [1] - The company expects to recognize a non-cash gain of between HKD 120 million and HKD 130 million due to the termination, impacting the consolidated financial statements [1] - The initial value of the Reebok franchise rights and related payable franchise fees was based on the present value of guaranteed minimum franchise fees due during the agreement's term [1] Group 2 - Despite the termination of the Reebok franchise agreement, the company will continue to operate its multi-brand distribution business through other franchises and its own brands, complementing its robust garment business [2]

Core Viewpoint - The company, Lianya Group, has announced a strategic review of its franchise brand portfolio and business objectives, particularly regarding the Reebok franchise in Greater China, leading to an early termination of the franchise agreement with Authentic Brands Group, resulting in a non-cash gain of approximately HKD 120 million to 130 million for the fiscal year ending December 31, 2025 [1][2]. Group 1 - The franchise agreement for distributing Reebok products in Greater China will be terminated early, effective December 31, 2025 [1]. - The company expects to recognize a non-cash gain of between HKD 120 million and 130 million due to the termination of the Reebok franchise agreement [1]. - The termination will relieve the company from future minimum franchise fee obligations associated with the Reebok brand [1]. Group 2 - Despite the termination of the Reebok franchise agreement, the company will continue to operate its multi-brand distribution business and further enhance its robust apparel business [2].

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。 自願公告 最新業務發展情況 本公告乃由 Tristate Holdings Limited（「本公司」，連同其附屬公司統稱「本集團」） 自願作出，旨在向本公司之股東（「股東」）及潛在投資者提供本集團之最新業務 發展。 股東及潛在投資者於買賣本公司股份時務請審慎行事。 代表董事會 主席兼行政總裁 汪建中 香港，2025 年 12 月 29 日 於本公告日期，董事會成員包括一名執行董事汪建中先生；三名非執行董事，分別 為汪顧亦珍女士、麥汪詠宜女士及汪穗中博士；以及四名獨立非執行董事，分別為 羅啟耀先生、孔捷思先生、 Peter TAN 先生及林宸教授。 - 2 - 茲提述本公司日期為 2025年 2月 10日之公告，內容有關於本集團對其特許經營品牌 組合及業務目標進行策略性檢討，包括檢討在中國內地、香港、澳門及台灣（統 稱「該地區」）之 Reebok 特許經營權安排。 因應本集團調整其業務策略及對其特許經營 ...

Core Viewpoint - Northern Mining (00433) has entered into a conditional sale agreement to sell all issued shares of its subsidiary, Jiulong Investment (Shanghai) Co., Ltd., to buyer Li Xiaolong for HKD 1 million, with cash payment upon completion [1] Group 1: Transaction Details - The sale is set to be completed on December 4, 2025, after trading hours [1] - The mining business will become the sole major operation of the remaining group, focusing on the exploration, production, and sale of molybdenum concentrate in China [1] - The sale price for the shares is HKD 1 million, payable in cash at completion [1] Group 2: Business Strategy - The financial performance of the group has primarily stemmed from the chemical trading operations of Anhui Tongxin and its subsidiaries [1] - The group plans to launch its aluminum metal trading business in the second half of 2024, which has generated only minimal revenue since its inception and holds no significant assets [1] - The board believes that the proposed sale represents a valuable opportunity to reshape the group's business strategy and reallocate resources towards developing its core mining operations [1]

Core Insights - Lanxess's subsidiary Rhein Chemie has completed a significant expansion project at its Qingdao production base, marking the largest investment in its specialty rubber products business globally in the past five years, aimed at enhancing local supply capabilities in the Chinese rubber chemicals market [1][2] Group 1: Localized Innovation - The Qingdao base, established in 1995, has achieved recognition for its innovation, safety, and sustainable development, currently producing over 100 types of chemical products with a total capacity of 25,000 tons, primarily targeting the Asia-Pacific market [2] - The expansion was driven by strong downstream market demand, increasing the capacity of processing additives V4 and pre-dispersed masterbatch V8 by 50%, raising total capacity from 25,000 tons to 30,000 tons annually [2] Group 2: Commitment to Sustainable Development - The company acknowledges the challenges of achieving green production, which often incurs higher costs, and aims to lead in sustainable development by collaborating with partners to ensure the recycling of waste rubber [3] - Two innovative products have been launched: one with the Scopeblue sustainable label, containing at least 50% renewable or recycled materials, and a carbon calculator to help customers understand the carbon footprint of their products [3] - The Qingdao base has made strides in sustainability by using bio-based fatty acids and recyclable materials, and shifting from barrel packaging to tankers to reduce waste [3] Group 3: Business Strategy Adjustments - In response to the global economic downturn, the company is shifting its focus from product sales to providing greater added value through innovation, aiming for a transition from volume to value [4] - The company is actively adjusting its business strategy to reduce reliance on raw materials by transitioning from a rubber company to a specialty chemicals company less affected by raw material fluctuations [4] - Cost-saving measures include a €100 million efficiency improvement program and the establishment of more flexible, localized facilities to optimize processes and enhance cost efficiency [4]

（於開曼群島註冊成立之有限公司） （股份代號：1360） 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佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並表明概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容而引 起之任何損失承擔任何責任。 (1) 復 牌 指 引； (2) 復 牌 進 展 之 季 度 更 新 資 料； 及 (3) 繼續暫停買賣 本公佈乃由諾發集團控股有限公司（「本公司」，連同其附屬公司，「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13.24A 條以及證券及期貨條例（香港法例第571章）第XIVA部項下內幕消息條文（定義見上 市規則）而作出。 茲提述(i)公佈於二零二三年九月二十九日本公司截至二零二三年六月三十日止年度 之年度業績公佈（「二零二三年年度業績公佈」）；(ii)公佈於二零二三年十月三十一日 本公司截至二零二三年六月三十日止年度之年報（「二零二三年年報」）；(iii)本公司 日期為二零二三年十月三日有關本公司之股份根據上市規則第 13.50A條在聯交所暫 停買賣之公佈；(iv)本公司日期為二零二三年十二月十九日 ...