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，並表明概不就因本公告之全部或任何部 份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。 第一太平有限公司 （根據百慕達法例註冊成立之有限公司） （股份代號：00142） 網址：www.firstpacific.com METRO PACIFIC INVESTMENTS CORPORATION 有關其截至2025年9月30日止9個月之 未經審核綜合財務業績之自願新聞稿 概要 MPIC已於2025年11月17日刊發自願新聞稿，其載有關於其截至2025年9月30日止 9個月之未經審核綜合財務業績的財務資料。 第一太平有限公司（「第一太平」或「本公司」）發表本公告，以自願向第一太平之股 東及公眾提供有關第一太平集團於2025年9月30日擁有約49.9%經濟權益之公司 Metro Pacific Investments Corporation（「MPIC」）截至2025年9月30日止9個月之未經 審核綜合財務業績之相關資料。 誠如本公司日期為2023年8月7日的通函及本公司日期為2023年9月8日、9月 ...

Core Insights - The surge in C-class shares of high-performing funds indicates a growing preference for short-term trading among investors [1][4][5] - C-class shares have outperformed A-class shares in terms of net subscriptions, highlighting a shift in investor behavior towards more frequent trading [2][3] Fund Performance - Many high-performing funds saw significant growth in their C-class shares, with examples like Yongying Technology Select Fund, which increased from 700 million shares to 3.466 billion shares in Q3, driven largely by C-class subscriptions [2][6] - C-class shares of various funds, including Zhonghang Opportunity Navigator and Debang Xinxing Value C, also experienced substantial net subscriptions exceeding 10 billion shares in Q3 [2][3] Investor Behavior - The increase in C-class shares reflects a trend towards short-term investment strategies, with investors favoring quick entry and exit, as evidenced by over 92 billion shares being purchased and more than 70 billion shares redeemed in Q3 [2][4] - The fee structure of C-class shares, which does not charge a subscription fee and allows for flexible redemption, appeals to younger investors who prefer high-frequency trading [4][5] Distribution Channels - The growth of C-class shares is partly attributed to the preference of online distribution channels, which are more adept at promoting C-class shares compared to traditional banks that favor A-class shares [5][6] - The sales service fee structure of C-class shares incentivizes distribution channels to promote these shares more aggressively [5][6] Fund Management Strategies - Fund companies are increasingly introducing C-class shares to meet diverse investor needs and adapt to market changes, enhancing product competitiveness [6] - The addition of C-class shares is seen as a cost-effective marketing strategy for fund companies, allowing them to leverage existing products and their performance history without incurring the costs associated with launching new funds [6]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their upward price trends, focusing on those trading in the upper portion of their 52-week high-low range [3]. - InfuSystems Holdings, Inc. (INFU) is highlighted as a strong candidate for trend investing, having experienced a price increase of 78.6% over the past 12 weeks [4]. - INFU has maintained a price increase of 2% over the last four weeks, indicating that its upward trend is still intact [5]. Group 2: Fundamental Strength - INFU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock also has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The historical performance of Zacks Rank 1 stocks shows an average annual return of +25% since 1988, underscoring the effectiveness of this ranking system [7]. Group 3: Additional Insights - The article suggests that INFU's price trend is unlikely to reverse soon, and encourages investors to explore other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - The Zacks Research Wizard is mentioned as a tool for backtesting stock-picking strategies, which can help investors identify successful investment opportunities [9].

Core Points - The document outlines the internal control and management system for Sichuan Furong Technology Co., Ltd.'s external investments, aiming to prevent errors, fraud, and risks while enhancing investment efficiency [1] - It defines external investments, risk investments, and securities investments, categorizing them based on their nature and purpose [1][2] - The decision-making authority for external investments is structured across different levels, including the general manager's office, board of directors, and shareholders' meeting [6][10] Group 1: Investment Types and Principles - External investments are categorized into short-term and long-term investments, with specific definitions for each [2] - Short-term investments are those that can be liquidated within one year, while long-term investments exceed one year [2] - Basic principles for external investments include compliance with laws, alignment with company development plans, and prioritizing economic and social benefits [5] Group 2: Decision-Making Authority - The general manager's office can approve investments that meet specific criteria, such as asset totals below 10% of the company's audited total assets [3] - Investments requiring board approval include those where asset totals are between 10% and 50% of total assets [4] - Shareholder approval is necessary for investments exceeding 50% of total assets [5] Group 3: Management and Oversight - The board's strategic committee is responsible for coordinating and analyzing external investment projects [7] - The finance and securities departments conduct analyses and due diligence on investment proposals [7] - The audit committee oversees the investment projects, ensuring compliance and reporting on performance [8][12] Group 4: Investment Procedures - Short-term investment procedures involve pre-selection by the securities department and approval by the finance department [14] - Long-term investments require a comprehensive evaluation process, including feasibility studies and board reviews [19][20] - Risk investments must adhere to strict internal controls and require board and shareholder approval for significant amounts [27][29] Group 5: Financial Management and Reporting - The finance department is responsible for maintaining accurate financial records for all investments [48] - Regular audits and evaluations of investment performance are mandated to ensure compliance and effectiveness [50][54] - Information disclosure regarding investments must comply with relevant laws and regulations [55][56]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - CyberAgent (CYGIY) is highlighted as a candidate that passed the screening, showing a solid price increase of 40.5% over 12 weeks, reflecting investor confidence in its potential upside [4]. - A recent price increase of 8.1% over the past four weeks further confirms that the upward trend for CYGIY is still intact, with the stock currently trading at 100% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - CYGIY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this ranking in identifying profitable stocks [7]. - The Average Broker Recommendation for CYGIY is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Opportunities - Besides CYGIY, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities for trend-focused investors [8]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles, which can assist in identifying potential winning stock picks [8].

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Screening and Selection - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with sufficient fundamental strength to sustain their recent upward trends [3]. - Mama's Creations, Inc. (MAMA) is highlighted as a suitable candidate, having experienced a price increase of 45.4% over the past 12 weeks, indicating strong investor interest [4]. - MAMA has also shown a 16% price increase over the last four weeks, confirming that the upward trend is still intact [5]. Group 2: Fundamental Strength Indicators - MAMA is currently trading at 83.3% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5]. - The stock carries a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Average Broker Recommendation for MAMA is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Broader Investment Strategy - In addition to MAMA, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting a range of potential investment opportunities [8]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [8].

Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming fundamental factors is essential to maintain momentum in stocks [1][2]. Group 1: Trend Analysis - Timing entries into a trend significantly impacts investment success, as trends can reverse before exiting a trade [1][2]. - A stock's recent price strength can be assessed through a unique short-term trading strategy that identifies stocks with strong fundamentals capable of maintaining an uptrend [3]. Group 2: Company Spotlight - Paysign, Inc. (PAYS) - Paysign, Inc. has demonstrated a solid price increase of 265% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 59.6% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, PAYS is trading at 97.3% of its 52-week high-low range, indicating a potential breakout [5]. Group 3: Fundamental Strength - PAYS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 4: Investment Opportunities - In addition to PAYS, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, which can be considered for investment [8]. - The Zacks Premium Screens offer over 45 strategically created options to help investors find winning stock picks based on their investing style [8].

Group 1 - The article discusses the debate between long-term and short-term investment strategies, likening them to different approaches in purchasing groceries [1] - Long-term investment is compared to planting a tree, emphasizing its benefits such as smoothing out short-term market volatility and the power of compound interest [1][3] - Short-term investment is likened to a sprint, highlighting its advantages like strong liquidity and the ability to quickly capitalize on market opportunities [3][6] Group 2 - Long-term investment requires patience and confidence in the chosen investment, as poor choices can lead to significant losses [3][6] - Short-term investment carries risks due to market volatility and requires constant market monitoring, which can be challenging for many [6][9] - The choice between investment strategies should be based on individual financial situations, risk tolerance, and investment goals [8][9]

Group 1 - Major Wall Street banks, Citigroup and JPMorgan, predict a significant buying opportunity in the U.S. stock market, particularly in the stocks that have seen the largest declines this year, as trade tensions ease [1] - Both banks are particularly optimistic about small-cap stocks, technology hardware, and residential builders, which have lagged behind the S&P 500 in recent rallies [1] - Citigroup's U.S. equity trading strategist, Stuart Kaiser, notes that systematic traders and discretionary investors are likely to make substantial purchases of underperforming stocks due to their low current positions and available capital [1][3] Group 2 - JPMorgan's Andrew Tyler highlights the potential for a short squeeze in sectors like retail and consumer discretionary, which could lead to a sharp increase in stock prices as short sellers are forced to cover their positions [3] - Despite the short-term optimism, long-term fund managers remain cautious about small-cap stocks and financially weak companies due to high interest rates and slowing economic growth [3] - The "weak balance sheet index" tracked by Goldman Sachs, which monitors 50 heavily indebted companies, has outperformed the S&P 500 in 7 out of the last 8 trading days, indicating a shift towards cheaper stocks [4] Group 3 - Kaiser suggests increasing long positions in sectors that have underperformed since the announcement of "reciprocal tariffs" by Trump, including technology hardware and durable goods [4] - Dennis Debusschere from 22V Research points out that the valuation gap between riskier, economically sensitive companies and high-quality firms is significant, suggesting greater short-term upside for the former [4]