Core Viewpoint - CIMC Group announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Category Share Buyback Details - The company plans to repurchase 2 million shares at a cost of HKD 14.1189 million, with a buyback price range of HKD 7 to 7.17 per share [1] - Additionally, the company will repurchase 173.41 million A-shares for RMB 13.8762 million, with a buyback price range of RMB 7.98 to 8.02 per share [1]

Core Viewpoint - The company announced a share repurchase plan to enhance shareholder value, with a total repurchase amount between 300 million and 500 million yuan, at a maximum price of 12.01 yuan per share [1] Summary by Sections Share Repurchase Plan - The company plans to repurchase A-shares with a total amount not exceeding 500 million yuan and not less than 300 million yuan [1] - The maximum repurchase price is set at 12.01 yuan per share [1] - The repurchased shares will be used to maintain company value and shareholder rights, with potential future adjustments for employee stock ownership plans or equity incentives [1] Current Repurchase Status - As of October 31, 2025, the company has repurchased 17.5034 million shares, accounting for 0.3246% of the total share capital [1] - The repurchase price range has been between 7.9 yuan and 8.49 yuan per share, with a total expenditure of 143 million yuan (excluding transaction fees) [1]

Summary of Key Points Core Viewpoint - The company has initiated a share repurchase plan with a total amount of 300-500 million yuan, aimed at maintaining company value and shareholder rights, with all repurchased shares intended for sale [1] Group 1: Repurchase Plan Overview - Repurchase Scale: Total amount of 300-500 million yuan, with a repurchase price not exceeding 12.01 yuan per share [1] - Repurchase Purpose: To maintain company value and shareholder rights, with all repurchased shares to be sold [1] - Future Arrangements: Consideration of adjusting the plan for employee stock ownership or equity incentive purposes [1] Group 2: Execution Progress - Execution Period: Until October 31, 2025 [1] - Shares Repurchased: 17.5034 million shares, accounting for 0.3246% of total share capital [1] - Transaction Price Range: 7.90-8.49 yuan per share [1] - Funds Used: 143 million yuan (excluding transaction fees) [1] Group 3: Key Information - The repurchase plan was approved by the board of directors on September 29, 2025 [1] - The execution method is through centralized bidding transactions [1] - The progress of the repurchase aligns with the established plan requirements [1] - The company will continue to disclose repurchase progress as required [1]

Core Insights - France's industrial output increased by 0.8% month-on-month in September, significantly surpassing market expectations of 0.1% and rebounding from a revised decline of 0.9% in the previous month [1] Manufacturing Sector - The manufacturing sector was the primary driver of the industrial output recovery, with a month-on-month growth of 0.9% in September [1] - Notable growth was observed in the transportation equipment manufacturing sector, which surged by 5.5%, while the electrical, electronic, and computer equipment manufacturing sectors grew by 1.2% [1] - The food processing and coking and refining industries also saw increases of 0.4% and 1.2%, respectively [1] Other Sectors - In contrast, the mining, energy, and water supply sectors experienced stagnation in September, contributing no growth to the overall industrial output [1] - The construction sector saw a month-on-month decline of 1.3%, with housing construction activities dropping by 5.2% and specialized construction engineering decreasing by 1.0% [1] Quarterly Performance - For the third quarter of 2025 (July to September), France's industrial activity grew by 1.4% compared to the second quarter [1] - Year-on-year data indicated that industrial output in September increased by 1.1% [1]

Core Viewpoint - CIMC Group (000039)(02039) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Relevant Categories Company Actions - The company will repurchase 391,500 shares at a total cost of HKD 3.1311 million [1] - The buyback price is set between HKD 7.95 and HKD 8.00 per share [1] Financial Implications - The total expenditure for the buyback reflects the company's strategy to enhance shareholder value [1]

Core Viewpoint - The U.S. labor market is showing signs of cooling, with August non-farm payrolls increasing by only 22,000, significantly below the expected 77,000, indicating a potential economic slowdown [1][7][28]. Group 1: Employment Data - In August, the private sector added 38,000 jobs, also below the expected 78,000, while the government sector saw a decrease of 16,000 jobs [1][7]. - The healthcare sector contributed the most to job growth, adding 31,000 positions, while manufacturing and professional services sectors experienced declines [8][9]. - The unemployment rate rose slightly to 4.32%, with long-term unemployment (over 27 weeks) increasing by 385,000 year-on-year, indicating challenges in re-employment for certain demographics [3][12][13]. Group 2: Wage and Hour Data - Average hourly earnings increased by 3.7% year-on-year, down from 3.9% in the previous month, suggesting a moderation in wage growth [3][16]. - The total payroll index showed a year-on-year increase of 5.0%, indicating stable wage growth but with signs of slowing momentum [16][17]. - Average weekly hours remained unchanged at 34.2 hours, reflecting cautious hiring practices among employers [16][17]. Group 3: Economic Outlook - The current employment data suggests a typical post-cycle economic characteristic, with signs of a cooling labor market [4][18]. - Historical analysis indicates that significant negative shifts in non-farm payrolls often correlate with economic recessions, with a 67% success rate in predicting downturns [4][20]. - The Federal Reserve may consider interest rate cuts as a response to the weakening labor market, with market expectations indicating high probabilities for rate cuts in the coming months [5][6][28]. Group 4: Market Reactions - Market expectations for Federal Reserve rate cuts are high, with probabilities of 92%, 72.6%, and 67.9% for September, October, and December respectively [6][28]. - U.S. Treasury yields have declined, with the 10-year yield falling to 4.07%, and the dollar index has also retreated [6][28]. - Gold prices have risen significantly as a safe-haven asset, while U.S. stock indices showed mixed performance, with small-cap stocks outperforming [6][28].

Core Points - Germany's industrial new orders fell by 2.9% month-on-month in July, marking the third consecutive month of decline [1] - Domestic new orders decreased by 2.5%, while foreign orders dropped by 3.1%, with orders from the Eurozone and outside the Eurozone declining by 3.8% and 2.8% respectively [1] - The significant decline in new orders was primarily driven by a 38.6% drop in the transportation equipment manufacturing sector, which includes aircraft, ships, and trains [1] - The automotive sector, however, saw a month-on-month increase in new orders of 6.5% [1] - Year-on-year, industrial new orders in Germany decreased by 3.4% after seasonal adjustment [1] - The German Minister of Economic Affairs, Katrin Göring-Eckardt, indicated that the continuous decline in industrial new orders necessitates a focus on restoring industrial competitiveness, including reducing energy and labor costs [1] - Economic forecasts from major research institutions suggest that Germany's economic growth for 2025 will only be between 0.1% and 0.2%, lower than previous summer predictions, influenced by factors such as U.S. tariff policies [1]

Core Insights - Germany's industrial new orders fell by 2.9% month-on-month in July, marking the third consecutive month of decline [1][2] - Domestic new orders decreased by 2.5%, while foreign new orders dropped by 3.1%, with orders from the Eurozone and outside the Eurozone declining by 3.8% and 2.8% respectively [1] - The significant decline in new orders was primarily driven by a 38.6% drop in the transportation equipment manufacturing sector, which includes aircraft, ships, and trains [1] - In contrast, the automotive sector saw a month-on-month increase in new orders of 6.5% [1] Economic Outlook - Year-on-year, Germany's industrial new orders decreased by 3.4% in July [2] - The German Minister of Economic Affairs, Katrin Göring-Eckardt, indicated that the continuous decline in industrial new orders has led several major economic research institutions to revise down their growth forecasts for Germany's economy this year [2] - According to forecasts from institutions like the Munich Institute for Economic Research, Germany's economic growth is expected to be only 0.1% to 0.2% in 2025, which is lower than previous summer predictions [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（「香港聯交所」）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。 中國國際海運集裝箱（集團）股份有限公司 CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD. （於中華人民共和國註冊成立之股份有限公司） (股份代號：02039) 海外監管公告 本公告乃中國國際海運集裝箱（集團）股份有限公司（「公司」）根據香港聯合交易所有 限公司證券上市規則第 13.10B 條作出。 茲載列公司在公司網站（www.cimc.com）以及巨潮資訊網（www.cninfo.com.cn）刊登 的《中國國際海運集裝箱（集團）股份有限公司自 2025 年 1 月 1 日至 2025 年 6 月 30 日止期間財務報表》，僅供參閱。 特此公告。 承董事會命 中國國際海運集裝箱（集團）股份有限公司 吳三強 公司秘書 香港，2025 年 8 月 27 日 於本公告日期，本公司董事會成員包括：執行董事麥伯良先生（董事長），非執 ...

Group 1: Inflation Trends - July CPI year-on-year growth was 0%, while core CPI growth was 0.8%, compared to previous values of 0.1% and 0.7% respectively[5] - Food prices are expected to exert downward pressure on CPI, with July food CPI at -1.6%[5] - The core CPI is anticipated to continue rising due to policies aimed at boosting domestic demand and improving living standards[5] Group 2: Policy Impact - Policies promoting consumption are expected to support high-end consumer goods and high-tech industries, maintaining elevated price indices[5] - The construction of a unified market and enhanced competition review is projected to help traditional and emerging industries recover prices[5] - The "anti-involution" policies are broadening their impact across various sectors, leading to positive changes in PPI, especially in technology and domestic demand-driven sectors[5] Group 3: PPI Performance - July PPI for certain sectors like arts and crafts, sports equipment, and nutritional food manufacturing showed year-on-year growth of at least 1.3%[5] - However, PPI in the mining sector remains under pressure, with July mining PPI at -14%[5] - External trade environment deterioration is causing PPI declines in key export sectors, with July PPI for general equipment manufacturing at -1.6%[5]