Core Insights - The European stock market started strong in 2026, with major indices, including Germany's benchmark index, reaching historical highs [2][20]. Seasonal Trends - January is typically a favorable month for the European stock market, with the Euro Stoxx 50 index showing an average increase of 0.26% over the past 20 years and a 56% probability of closing higher [3][20]. - The DAX index averages a 0.44% increase in January with a 57% chance of closing higher, while the CAC40 index shows a 0.58% average increase and a 57% closing probability [3][20]. - The Italian FTSE MIB index outperforms with an average increase of 1.23% and a 62% probability of closing higher [3][20]. - Historical data indicates that April and November often yield stronger and more stable returns compared to January [4]. Recent Performance - January 2023 and January 2025 were noted as the best-performing January periods for several European indices on record [5][21]. - The Euro Stoxx 50 index surged by 9.75% in January 2023 and by 7.98% in January 2025, while the DAX index rose by 8.65% in January 2023 and further increased by 9.16% in January 2025, reflecting renewed investor enthusiasm for cyclical and industrial stocks [6][22]. Notable Companies - **Alten SA**: This French engineering consulting firm has shown a significant seasonal increase in January, with an average rise of 4.13% over the past 20 years and a 71% chance of closing higher. In January 2023, the stock rose by 20.46% [10][11][26]. - **Accor SA**: The French hotel group has an average January increase of 4.3% and a 67% chance of closing higher. In January 2023, it experienced a notable surge of 28.1% due to a rebound in travel demand [13][27]. - **Sopra Steria Group SA**: This French IT consulting firm has a stable January performance with an average increase of 5.75% and a 76% chance of closing higher. It recorded a 23.25% rise in January 2012 [14][28]. - **Sartorius AG**: The German life sciences equipment supplier has an average January increase of 5.85% and a 67% chance of closing higher. In January 2025, the stock surged by 30.11% [15][29]. - **Rheinmetall AG**: The German defense giant has an average January increase of 7.74% with a remarkable 90% chance of closing higher. It has achieved double-digit increases in January for the past four years [16][30]. Significance of Seasonal Patterns - Seasonal patterns reflect investor behavior and market expectations, but they are not predictive tools. Major macroeconomic shocks or geopolitical events can disrupt these trends [17][31].

Core Viewpoint - The company plans to transfer a 40% stake in its subsidiary Hubei Jiansheng Engineering Technology Consulting Co., Ltd. through a public listing, with uncertainties regarding the buyer and transaction price, which may impact the company's financial status positively after the completion of the transaction [1][2]. Group 1: Transaction Details - The company previously attempted to transfer the same stake based on an evaluation report dated August 31, 2023, but the transaction did not succeed [2]. - The recent evaluation indicates a 31% decrease in the total equity value of Hubei Jiansheng, primarily due to the decline in the value of its properties and the net assets of its wholly-owned subsidiaries [2]. - The total asset value of Hubei Jiansheng is reported at 31.83 million, with total liabilities of 3.29 million, resulting in a net asset value of 28.54 million [2]. Group 2: Financial Impact - The evaluation report shows that the total equity value of Hubei Jiansheng is estimated at 49.99 million, reflecting a 75.15% appreciation compared to its net asset value [2]. - The company anticipates that the completion of this transaction will lead to a positive impact on its financial condition and operational results [3]. Group 3: Business Focus - The company's main business focuses on urban green development and green living public trust, enhancing its comprehensive service capabilities through technology and project services [3]. - In 2024, the company reported a revenue of 372 million, a year-on-year decrease of 11.83%, attributed to the delay in revenue recognition from newly developed businesses and a slowdown in revenue release from existing contracts [3]. - The revenue is primarily concentrated in the South and North China regions, accounting for 87.6% of the total, with urban planning, architectural design, and public trust services contributing 86.28% of the revenue [3].