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 對 因 本 公 告全部或任何部份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。 (1) 復 牌 進 展 之 季 度 更 新 之 補 充 公 告； (2) 有 關 訴 訟 之 最 新 情 況； 及 (3) 繼續暫停買賣 本公司財務顧問 有關復牌進展之補充資料 本公司謹此知會本公司股東及潛在投資者有關更新本集團業務營運最新狀況 及 達 成 復 牌 指 引 項 下 規 定 進 展 的 補 充 資 料。 有關本公司業務營運之額外資料 誠 如 本 公 司 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 之 年 報 所 披 露，本 公 司 主 要透過於中國境內的該等附屬公司從事稀土業務及耐火材料業務兩個業務分 部。 誠 如 調 查 公 告 所 披 露，本 公 司 已 接 獲 自 稱 本 公 司 其 中 一 間 附 屬 公 司 僱 員 的 僱 員 投 訴，指 控（其 中 包 括）本 集 團 附 屬 公 司 潛 在 挪 用 ...

Group 1 - The core viewpoint of the news is that China Railway Construction Assembly Co., Ltd. has experienced fluctuations in stock price and trading volume, with a current market value of 4.028 billion yuan and a year-to-date stock price decline of 7.30% [1] - As of September 19, the number of shareholders for China Railway Construction Assembly is 22,000, a decrease of 2.89% from the previous period, with an average of 8,880 circulating shares per shareholder, an increase of 2.97% [2] - The company reported a revenue of 871 million yuan for the first half of 2025, representing a year-on-year growth of 5.73%, while the net profit attributable to shareholders was -36.97 million yuan, showing a year-on-year increase of 24.35% [2] Group 2 - Since its A-share listing, China Railway Construction Assembly has distributed a total of 55.43 million yuan in dividends, with no dividends paid in the last three years [3]

Core Viewpoint - Luoyang Energy experienced a decline of 5.03% on September 30, with a stock price of 12.65 CNY per share and a total market capitalization of 6.491 billion CNY [1] Company Overview - Shandong Luoyang Energy Materials Co., Ltd. is located in Yiyuan County, Zibo City, Shandong Province, and was established on October 14, 1992. The company was listed on November 30, 2006 [1] - The main business involves the research, production, sales, and construction of refractory insulation products, including ceramic fibers, soluble fibers, alumina fibers, and lightweight mullite bricks, as well as basalt fiber products [1] - The revenue composition of the main business is as follows: ceramic fiber products 87.65%, industrial filtration products 6.47%, automotive lining products 5.54%, and others 0.34% [1] Shareholder Information - Among the top ten circulating shareholders of Luoyang Energy, a fund under China Merchants Fund ranks first. The China Merchants CSI Dividend ETF (515080) entered the top ten circulating shareholders in the second quarter, holding 2.6993 million shares, accounting for 0.53% of circulating shares [2] - The estimated floating loss for the ETF today is approximately 1.8085 million CNY [2] Fund Manager Information - The fund managers of the China Merchants CSI Dividend ETF (515080) are Wang Ping and Liu Chongjie. Wang Ping has a cumulative tenure of 15 years and 105 days, with a total fund asset size of 16.687 billion CNY and a best fund return of 275.08% during his tenure [3] - Liu Chongjie has a cumulative tenure of 7 years and 151 days, with a total fund asset size of 31.428 billion CNY and a best fund return of 99.32% during his tenure [3]

Core Viewpoint - Luoyang Energy's stock price increased by 5.38% to 13.31 CNY per share, with a trading volume of 61.78 million CNY and a turnover rate of 0.96%, resulting in a total market capitalization of 6.83 billion CNY [1] Company Overview - Shandong Luoyang Energy Materials Co., Ltd. is located in Yiyuan County, Zibo City, Shandong Province, established on October 14, 1992, and listed on November 30, 2006 [1] - The company's main business includes the research, production, sales, and construction of refractory insulation products such as ceramic fibers, soluble fibers, alumina fibers, and lightweight mullite bricks, as well as basalt fiber products [1] - The revenue composition of the main business is as follows: ceramic fiber products 87.65%, industrial filtration products 6.47%, automotive lining products 5.54%, and others 0.34% [1] Shareholder Information - E Fund's fund, E Fund CSI Dividend ETF (515180), is among the top ten circulating shareholders of Luoyang Energy, having reduced its holdings by 445,000 shares to 3.2783 million shares, representing 0.65% of the circulating shares [2] - The estimated floating profit for today is approximately 2.2292 million CNY [2] - E Fund CSI Dividend ETF was established on November 26, 2019, with a latest scale of 8.302 billion CNY, yielding 2.15% this year, ranking 3951 out of 4221 in its category, and 7.9% over the past year, ranking 3623 out of 3836 [2] Fund Manager Information - The fund managers of E Fund CSI Dividend ETF are Lin Weibin and Song Zhaoxian [3] - Lin Weibin has a cumulative tenure of 12 years and 211 days, managing a total fund size of 106.5 billion CNY, with the best fund return of 74.97% and the worst return of -22.14% during his tenure [3] - Song Zhaoxian has a cumulative tenure of 5 years and 26 days, managing a total fund size of 28.905 billion CNY, with the best fund return of 71.59% and the worst return of -30.86% during his tenure [3]

Core Viewpoint - Fengyang County Xinyun Technology Co., Ltd. has been established with a registered capital of 200,000 RMB, indicating a focus on various technology and manufacturing sectors [1] Company Summary - The legal representative of the company is Shen Xuequn [1] - The registered capital of the company is 200,000 RMB [1] - The company operates in multiple areas including technology intermediary services, bio-based materials manufacturing, and refractory materials production [1] Business Scope - The business scope includes general projects such as: - Technology intermediary services - Manufacturing of bio-based materials - Production of refractory materials - Information consulting services (excluding licensed information consulting services) - Processing and handling of non-metal waste and scraps - Sales of non-metal minerals and products - Manufacturing of non-metal mineral products - Processing of construction stones - Sales of construction materials - Manufacturing and sales of coatings (excluding hazardous chemicals) - Production of chemical products (excluding licensed chemical products) - Sales of new metal functional materials - Sales of metal ores - Processing of metal waste and scraps (excluding licensed businesses) [1]

Core Viewpoint - Wang Gang, a core technical personnel of Zhonggang Luonai Technology Co., Ltd., has resigned for personal reasons, and his departure is not expected to adversely affect the company's technology development or core competitiveness [2][3][10]. Group 1: Resignation Details - Wang Gang has submitted his resignation and completed the handover of his work, and he will no longer hold any position in the company or its subsidiaries [3]. - Wang Gang, born in 1972, holds a doctoral degree and has served in various key roles within the company, contributing significantly to its development [4]. Group 2: Impact on Company Operations - The company emphasizes that Wang Gang's resignation will not negatively impact ongoing research and development projects, as all work has been properly handed over [5][9]. - The company has a robust research and development team, with 318 R&D personnel, representing 12.17% of the total workforce, ensuring that there is no significant reliance on any single core technical personnel [8]. Group 3: Intellectual Property and Confidentiality - All intellectual property developed during Wang Gang's tenure belongs to the company, and there are no disputes regarding job-related achievements or intellectual property [5][10]. - Wang Gang has signed confidentiality and non-competition agreements, and there have been no violations of these obligations reported [6][10]. Group 4: Company Measures and Future Outlook - The company is committed to enhancing its R&D capabilities and will continue to improve its talent acquisition and training efforts to support ongoing and future technological innovations [9]. - The company maintains that its technology development and daily operations are proceeding normally, and Wang Gang's departure will not have a significant adverse effect on its ongoing business [10].

Group 1 - Company Zhonggang Luonai announced that core technical personnel Wang Gang resigned for personal reasons, and this will not have a significant adverse impact on the company's operations, technology development, or core competitiveness [1] - The revenue composition for Zhonggang Luonai from January to June 2025 shows that refractory materials account for 97.16% of total revenue, while other businesses account for 2.84% [1] - The current market capitalization of Zhonggang Luonai is 4.8 billion yuan [2]

Core Viewpoint - The stock of Luyang Energy fell by 2.01% on September 25, 2023, with a current price of 13.14 CNY per share, reflecting a market capitalization of 6.742 billion CNY. The company has experienced a year-to-date stock price increase of 9.59% [1] Financial Performance - For the first half of 2025, Luyang Energy reported operating revenue of 1.173 billion CNY, a year-on-year decrease of 27.31%. The net profit attributable to shareholders was 76.6237 million CNY, down 62.97% compared to the previous year [2] - Cumulative cash dividends since the company's A-share listing amount to 2.772 billion CNY, with 1.225 billion CNY distributed over the last three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 16.37% to 15,400, while the average circulating shares per person decreased by 14.03% to 32,763 shares [2] - Among the top ten circulating shareholders, E Fund CSI Dividend ETF holds 3.2783 million shares, a reduction of 445,000 shares from the previous period, while China Merchants CSI Dividend ETF is a new entrant with 2.6993 million shares [3] Business Overview - Luyang Energy, established on October 14, 1992, and listed on November 30, 2006, specializes in the research, production, and sales of refractory insulation products, including ceramic fibers and basalt fibers. The main revenue sources are ceramic fiber products (87.65%), industrial filtration products (6.47%), and automotive pads (5.54%) [1] - The company operates within the building materials sector, specifically in refractory materials, and is associated with concepts such as energy conservation, environmental protection, and new materials [1]

Core Viewpoint - The company has not made recent progress on its magnesium metal demonstration line project and is still refining its design approach. Future investments and research in the magnesium metal sector remain uncertain [1] Company Updates - The company responded to an investor inquiry on September 24, indicating no new developments in the magnesium project [1] - The company is currently focused on improving the design of the magnesium metal project [1] - There is no confirmation on whether the company will increase research and investment in the magnesium metal field in the future [1]

Group 1 - The core viewpoint of the news highlights the stock performance and financial metrics of Beijing Lier High Temperature Materials Co., Ltd, indicating a significant increase in stock price and trading activity [1][2] - As of September 24, the stock price of Beijing Lier rose by 2.07% to 9.84 CNY per share, with a total market capitalization of 11.714 billion CNY [1] - Year-to-date, the stock price has increased by 109.90%, with a recent decline of 1.80% over the last five trading days, but a notable increase of 29.99% over the last 20 days [1] Group 2 - Beijing Lier was established on November 8, 2000, and went public on April 23, 2010, focusing on the production and sales of refractory materials for various industries [2] - The company's main business revenue composition includes 61.89% from overall contracting of refractory materials, 27.40% from direct sales, and 10.71% from refractory material direct sales [2] - As of June 30, the number of shareholders decreased by 9.34% to 42,200, while the average circulating shares per person increased by 51.04% to 27,097 shares [2] Group 3 - Beijing Lier has distributed a total of 445 million CNY in dividends since its A-share listing, with 154 million CNY distributed over the past three years [3]