Group 1 - The core point of the article is that Xixiangfeng Group has announced a strategic cooperation intention with Hangzhou Zhihui Mandun Technology Co., Ltd. on September 19, 2025 [1] - The collaboration will focus on urban delivery and logistics ecosystem, including automated delivery and robotic minibus urban delivery [1] - Other areas of cooperation include financial leasing and operational leasing solutions, asset holding and lifecycle management, digital/AI empowerment, road access rights, and market development [1]

Core Viewpoint - The strategic cooperation between 喜相逢集团 and 杭州智慧蛮驴科技有限公司 aims to enhance urban logistics and delivery solutions through technology-driven initiatives and resource integration [1][2]. Group 1: Strategic Cooperation Details - The companies plan to collaborate in areas such as automated delivery, financial leasing solutions, asset management, digital/AI empowerment, and market development [1]. - The partnership signifies the beginning of a relationship focused on creating high-value urban delivery solutions and a user service system [1]. Group 2: Company Background - 智慧蛮驴 is a Chinese company specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [1]. - 智慧蛮驴 is a subsidiary of 菜鸟集团, which focuses on global logistics and supply chain solutions [1]. Group 3: Expected Outcomes - If the cooperation is formalized, it will accelerate the deployment of smart logistics, improve operational efficiency, optimize cost structures, and broaden revenue sources for the company [2].

Core Viewpoint - The strategic cooperation between Xixiangfeng Group and Hangzhou Zhihui Mandun Technology Co., Ltd. aims to enhance urban logistics and delivery solutions through automation and technology integration [1][2] Group 1: Strategic Cooperation Details - The cooperation will focus on areas such as automated delivery, financial leasing solutions, asset lifecycle management, digital/AI empowerment, and market development [1] - The partnership seeks to leverage each company's resource advantages to create high-value urban delivery solutions and a user service system [1] Group 2: Company Background - Zhihui Mandun is a Chinese company specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [1] - Zhihui Mandun is a subsidiary of Cainiao Group, which focuses on global logistics and supply chain solutions [1] Group 3: Expected Outcomes - If the cooperation is formalized, it will accelerate the deployment of smart logistics, improve operational efficiency in urban delivery, and optimize cost structures [2] - The technology-driven leasing and service model is expected to broaden revenue sources, benefiting the company and its shareholders in the long term [2]

Core Insights - The company has entered into a strategic cooperation intention with Hangzhou Smart Donkey Technology Co., Ltd. to enhance urban logistics solutions [1][2] - The collaboration aims to integrate resources to create high-value urban delivery solutions and promote innovation in the logistics industry [1] Group 1: Strategic Cooperation - The strategic cooperation will focus on areas such as automated delivery, financial leasing, asset management, digital/AI empowerment, and market development [1] - Specific details of the cooperation will be finalized in a subsequent agreement [1] Group 2: Company Background - Smart Donkey is a subsidiary of Cainiao Group, specializing in unmanned vehicles and robotics for logistics, providing operational and technical support for automated urban delivery solutions [2] - The partnership is expected to accelerate the deployment of smart logistics, enhance operational efficiency, and optimize cost structures for the company [2]

Core Viewpoint - The company has entered into a strategic cooperation intention with Hangzhou Smart Manlu Technology Co., Ltd. to enhance urban delivery and logistics ecosystem solutions [1] Group 1: Strategic Cooperation - The partnership aims to collaborate in the fields of automated delivery and robotic mini-bus urban distribution [1] - Financial leasing and operational leasing solutions will be part of the cooperation [1] - The collaboration will also focus on asset holding and lifecycle management [1] Group 2: Technological Integration - The initiative includes digitalization and AI empowerment to improve logistics efficiency [1] - Road access rights and market development are also key components of the strategic cooperation [1]

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，並表明概不就因本公告全部或任何部分內容而產生或依賴該等內 容而引致的任何損失承擔任何責任。 XXF GROUP HOLDINGS LIMITED 喜相逢集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2473） 自願性公告 本公告乃由喜相逢集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願作出，以向本公司股東及潛在投資者提供本集團最新業務發展的詳情。 本公司董事（「董事」）會（「董事會」）欣然宣佈，本公司於2025年9月19日與杭州智 慧蠻驢科技有限公司（「智慧蠻驢」）正式商談戰略合作，達成戰略合作意向。 1 智慧蠻驢為一家於中華人民共和國註冊成立的公司，專注於物流場景下的無人 車╱機器人領域，業務能力涵蓋機器人╱車輛製造、系統集成，並為自動化城市 配送解決方案提供運營及技術支持。智慧蠻驢是菜鳥集團的附屬公司，菜鳥集團 專注於全球物流與供應鏈解決方案，運營著一個全面的物流網絡，為全球電子商 務及其他行業提供創新高效的配送服務。 據董事經作出一切合理查詢後所深知、盡悉及確 ...

Group 1 - The Henan Gig Market officially opened on September 20, providing over 3,500 job positions for job seekers [1] - The first gig job fair, focusing on flexible employment, aims to connect job demand and supply, particularly for key groups like college graduates [1] - The market emphasizes non-full-time, seasonal, and temporary employment needs, offering "one-stop" services for gig workers and employers [1] Group 2 - The job fair will feature over 2,000 gig positions and 1,500 full-time positions across various popular industries, including food service, retail, logistics, and IT [1] - Participating companies include well-known firms such as Haoxiangni Group, Yutong Group, and JD.com, indicating strong corporate interest in the event [2]

Core Viewpoint - The integration of advanced manufacturing and modern service industries is essential for accelerating the construction of a new development pattern in China, as highlighted by the release of the "Beijing Model" for industry integration at the 2025 Service Trade Fair [1][4]. Group 1: Integration Models - Xiaomi Group exemplifies a "software service + hardware manufacturing + ecological chain collaboration" model by creating platforms for supply chain information integration and collective procurement, enhancing the synergy between manufacturing and service sectors [1]. - China Railway Signal & Communication Corporation (CRSC) showcases an "intelligent manufacturing + testing and verification + engineering services" model, providing comprehensive lifecycle services for rail transit systems [1]. - Beijing Foton Motor Company demonstrates a "complete vehicle manufacturing + aftermarket services" model, extending its business from manufacturing to high-value-added aftermarket services through smart vehicle networking [2]. - Kanglong Chemical (300759) illustrates a "research and development + customized production" model, offering integrated drug development services across the entire process from discovery to clinical development [2]. - Baipusais (301080) employs a "testing + customized production" model, providing tailored production of pharmaceutical products based on advanced analysis methods [2]. - Xuedilong (002658) focuses on an "equipment R&D + manufacturing + system solutions" model, offering comprehensive solutions in environmental monitoring and carbon management [2]. Group 2: Advanced Technologies and Services - Shanshu Technology adopts an "artificial intelligence + (management, manufacturing) decision-making" model, applying decision science and optimization techniques to enhance production and operational efficiency [3]. - JD Logistics integrates "smart logistics + intelligent factories," collaborating with manufacturing firms to optimize supply chain management and reduce costs [3]. - BGI Electronics promotes a "chip R&D + manufacturing + services" model, fostering collaboration across the semiconductor industry to enhance domestic technology capabilities [3]. - Huajiang Culture introduces a "design + flexible customization + sales" model, creating a complete cultural product industry chain through innovative production lines [3]. Group 3: Policy and Future Directions - Beijing has identified eight key areas for the integration of industries and has established five national pilot enterprises and 67 municipal pilot enterprises to explore new integration models [4]. - The release of the "Beijing Model" is expected to serve as an effective demonstration, promoting deeper integration across various sectors and enhancing the overall ecosystem for industry integration [4].

Market Overview - The Hang Seng Index rose by 0.07%, gaining 19 points to close at 26,465 points, while the Hang Seng Tech Index increased by 0.39% [1] - Early trading volume in Hong Kong stocks reached HKD 160.2 billion [1] Notable Stock Movements - New pharmaceutical stocks in the Hong Kong Stock Connect surged, with Yaojie Ankang-B (02617) rising over 49%, reaching a market capitalization of over HKD 240 billion [1] - Baize Medical (02609) saw an increase of over 76% [1] - Tongyuan Kang Pharmaceutical-B (02410) rose by over 36% [1] Specific Company Highlights - Fosen Pharmaceutical (01652) experienced a dramatic rise of over 410%, closing at HKD 1.35, up 297%, following the approval of Metformin and Ertugliflozin tablets [2] - Shanghai Fudan (01385) increased by 5.87%, with the company prepared for supply chain disruptions, and Morgan Stanley noted limited impact on demand [2] - SF Express (09699) rose by over 6% as its "SoFast" service launched in Macau, with positive revenue growth prospects according to Daiwa [2] - Valiant Pharmaceuticals-B (09887) increased by over 13%, completing the first medication trial for its core product LBL-024 for melanoma [2] - Bilibili-W (09626) rose by 2.78%, accumulating a 25% increase over six days, with the new game "Three Kingdoms: Hundred Generals" set for testing in October [2] - Liontech Holdings (02562) surged over 7% as it plans to acquire a leading AI and blockchain company to expand its digital finance footprint [2] - GCL-Poly Energy (03800) rose by 3.97%, planning a discounted share placement to raise approximately HKD 5.392 billion for structural adjustments in polysilicon capacity [2] - CGN Mining (01164) increased by 6.7% amid expectations of rising uranium prices as the U.S. seeks to expand its strategic uranium reserves [2] - Yunfeng Financial (00376) fell over 16% after announcing a discounted share placement to raise about HKD 1.15 billion [2]

Group 1 - Meituan's international delivery brand Keeta officially launched operations in Kuwait on September 15, marking its third entry into the Gulf region after Saudi Arabia and Qatar. The company aims to deeply integrate into the local ecosystem rather than simply replicating its business model [1] - SF Express's local delivery service "SoFast" has launched in Macau, following its entry into Hong Kong last year. The service has partnered with the largest local lifestyle service platform, "Aomi App," to enhance resource integration and optimize delivery services [2] - Xibei Catering Group issued an apology letter on September 15, announcing nine adjustment measures to be implemented by October 1, 2025. These include switching to non-GMO soybean oil for all dishes and using fresh, hand-cut fish for children's meals, reflecting the company's responsiveness to market and consumer demands [3] Group 2 - Meituan plans to use Keeta as a foothold to deepen its presence in the Middle East while exploring additional overseas markets [1] - The launch of "SoFast" in Macau is expected to enhance SF Express's brand influence and market share in the region [2] - Xibei's adjustments indicate a shift towards meeting consumer preferences and aligning with market trends, particularly in the context of the ongoing competition in the prepared food sector [3]